| Page | |
|---|---|
| Companylnformation | t |
| Financial Headlines Charts | 2 |
| RoyalPhilharmonicOrchestrayearended3LMarch2023inNumbers | 3 |
| Report oftheTrustees: | 4 |
| Strategic Report | |
| Directors'Report | |
| lndependentAuditor'sreportto theMembersoftheRoyalPhilharmonicOrchestraLimited | 1"9 |
| ConsolidatedStatementofFinancialActivities | 24 |
| Consolidated andCharityBalance Sheets | 25 |
| ConsolidatedStatement ofCash Flows | 26 |
| NotestotheAccounts: | |
| t.AccountingPolicies | 27 |
| 2.Comparative StatementofFinancialActivities for theyearended 31March202L | 32 |
| 3.Summary Financial PerformanceoftheParent Charity | 33 |
| 4.Statement ofSubsidiary'sactivities | 34 |
| 5.lncomeanalysis | 34 |
| 6.Expenditureanalysis | 35 |
| 7.Supportcosts | 35 |
| 8.Netincome/(expenditure) | 36 |
| 9.Taxation | 36 |
| 10.Staff costs | 37 |
| 11.Keymanagement | 38 |
| 1"2.Directors' emoluments | 38 |
| 13.Transactionsinvolving directorsandotherrelatedparties | 38 |
| 14. Tangiblefixedassets | 40 |
| 15.lnvestments | 4L |
| 16.Debtors | 42 |
| 17.Creditors:Amounts fallingduewithinoneyear | 43 |
| 18.Provisionsforliabilitiesand charges | 43 |
| L9.Analysisofnetassetsbetween funds | 44 |
| 20.Called up sharecapital | 44 |
| 2L.Designatedfunds | 44 |
| 22.Restrictedfunds | 45 |
| 23.Reconciliationofmovementinfunds | 46 |
| 24.Operatingleasecommitments | 47 |
| 25.Capitalcommitments | 47 |
| Unrestricted | Designated | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | ||
| Note | 2023 | 2023 | 2023 | 2029 | 2022 | |
| f | f | f | f | f | ||
| lncome | ||||||
| Donations, grants andlegacies | ||||||
| ArtsCouncilEnglandGrants | 963,808 | 963,808 | 1,560,866 | |||
| Education andCommunityGrants | 107,688 | 107,688 | t60,164 | |||
| Sponsorship anddonations | 358,852 | 785,743 | L,L44,595 | 864,870 | ||
| CharitableActivities | ||||||
| Boxoffice, orchestra hireand fees | 7,562,525 | 7,562,525 | 5,238,332 | |||
| Otherincome | 244,743 | 244,743 | 180,140 | |||
| lnvestmentincome | 8,587 | 2,764 | 11,351 | 2,274 |
||
| Totalincome | 5 | 9,138,515 2,764 | 893,431LO,O34,7LO | 9,006,646 | ||
| Expenditure on: | ||||||
| Raisingfunds | 6 | 378,726 | - | 378,726 | 367,654 | |
| Charitableactivities | 6 | 9,339,629 | 3,000 | 677,27310,018,901 | 7,946,462 | |
| Totalexpenditure | 9,717,154 3,000 | 677,27310,197,627 |
9,314,776 | |||
| Net unrealisedlosseson | ||||||
| investments | lLt,727l | ltt,727l | (9,010) |
|||
| Net (expenditure)/income | ||||||
| beforetaxation | 8 | (578,839)(11,963)2L6,1581374,6441 | (316,480) | |||
| Taxcredit | 8 | 1,183,809 | 1,183,809596,51.1 | |||
| Net movement¡nfundsfor the | ||||||
| year | 604,970 (11,96312t6,t58809,165280,031 | |||||
| Totalfunds broughtforward | 3,087,460407,498233,6033,728,56L | 3,449,530 | ||||
| Total funds carriedforward | 8,692,430395,535449,76L | 4,537,726 | 3,729,567 |
| Consolidated | Consolidated | Charity | |||
|---|---|---|---|---|---|
| Note | 2023 | 2022 | 2023 | 2022 | |
| î. | f | f | f | ||
| Fixed Assets | |||||
| Tangibleassets | 1.4 | 188,023 | 23r,601 | 188,023 | 23L,60r |
| lnvestments | 15 | 160,818 | L72,78L | 160,820 | 172,783 |
| 348,841 | 404,382 | 348,843 | 404,384 | ||
| CurrentAssets | |||||
| Debtors | 16 | t,802,77O | r,2Lr,g47 | 2,395,256 | L,209,46t |
| Cashatbankand inhand | 3,943,Ot6 | 3,867,464 | 3,345,653 | 3,866,423 | |
| 5,745,786 | 5,079,411 | 5,74t,9O9 | 5,075,984 | ||
| Creditors:Amountsfallingdue | |||||
| withinoneyear | L7( | (1.,755,2321(1,553,026)(I,75t,7071 | |||
| Net CurrentAssets | 4,188,885 | 3,324,179 | 4,1gg,gg3 | 3,324,L77 | |
| TotalAssetslessCurrentliabilities | 4,537,726 | 3,728,567 | 4,537,726 | 3,729,56',J. | |
| NetAssets | L9 | 4,537,726 | 3,728,561_ | 4,537,726 | 3,729,56t |
| Funds | |||||
| Called up sharecapital | 20 | 71,000 | 7L,OOO | 71,000 | 71",000 |
| Unrestricted funds | 3,621,43O | 3,016,460 | 3,621,43O | 3,076,460 | |
| Designatedfunds | 2L | 395,535 | 407,498 | 395,535 | 407,498 |
| Restrictedfunds | 22 | 449,76t | 233,603 | 449,761 | 233,603 |
| TotalFunds | 23 | 4,537,726 | 3,729,561 | 4,537,726 | 3,729,56r |
| Note | 2023 | 2022 | |
|---|---|---|---|
| f | f | ||
| NetCashprovidedbyoperatingactivities | a | 84,598 | (646,057) |
| Cashflows(to)/frominvestingactivities | |||
| Bankinterest | 8,587 | 435 | |
| Purchaseof fixedassetinvestments | (75,000) | ||
| Purchaseofproperty, plantandequipment | (17,633) | (L5,640) | |
| Netcash(used in) investingactivities | (9,046) | (90,205) | |
| Changeincash andcashequivalents | 75,552 | (736,7261 | |
| Cashand cashequivalents: Atthebeginning of theyear |
3,867,464 | 4,603,726 | |
| Attheend of theyear | 3,943,OL6 | 3,867,464 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | f | ||
| Netmovementinfunds | 809,155 | 280,031 | |
| Depreciationcharges | 60,642 | 60,004 | |
| Amortisationofintangibleassets | 553 | ||
| lnvestmentincome | (11,351) | (2,274l, | |
| Donationsof fixedassetinvestments | (105,302) | ||
| Managementfee charged againstinvestments | 3,000 | 350 | |
| Unrealisedlosson investments | LL,727 | 9,010 | |
| Lossondisposalof fixedassets | 569 | 1,155 | |
| Decrease indebtors | (590,823) | (995,166) | |
| (Decrease)/lncrease increditors | (198,331) | L66,765 | |
| (Decrease)inprovisionsforliabilitiesandcharges | 18 | (61,183) | |
| Netcashprovidedbyoperating activities | 84,598 | (646,057) |
| Computerequipment | 3years |
|---|---|
| MotorVehicles | 7years |
| Library | 25years |
| ConcertEquipment | 4years |
| Officefittingsandequipment | 5years |
| Warehousefittingsandequipment | 10years |
| .Comparative Consolidated Statementof | F¡nancialAc | tivitiesfor they | earto31Marc | earto31Marc | h2022 | h2022 | |
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | ||||
| Funds | Funds | Funds | Funds | ||||
| Note | 2022 | 2022 | 2022 | 2022 | |||
| f | f | f | f | ||||
| lncome | |||||||
| Donations,grantsandlegacies | |||||||
| ArtsCouncilEnglandGrants | L,560,866 | 1,560,865 | |||||
| GrantsforRPOResound | L60,164 | t60,t64 | |||||
| Sponsorship anddonations | 555,212155,302 | 154,356 | 864,870 | ||||
| CharitableActivities | |||||||
| Boxoffice, orchestrahireandfees | 5,238,332 | 5,238,332 | |||||
| Otherincome | 180,140 | 180,140 | |||||
| lnvestmentincome | 435 | 1,839 | 2,274 | ||||
| Totalincome | 5 | 7,534,985 | t57,l4L | 3L4,52O | 8,006,646 | ||
| Expenditure on | |||||||
| Raisingfunds | 6 | 367,654 | - | 367,654 | |||
| Charitableactivities | 6 | 7,552,196 | 70,350 | 323,916 | 7,946,462 | ||
| Totalexpenditure | 7,9L9,85O 79,360 | 321,9L6 | 8,3L4,LL6 | ||||
| Net income beforetaxation | 8 | (384,865) | 77,78L | (9,396) | (316,480) | ||
| Taxcredit | 9 | 596,511 | 596,5LL | ||||
| Netmovementinfunds for theYear | 2!1,646 | 77,78r | (9,396)280,031 | ||||
| Totalfunds brought forward | 2,875,8L4 | 329,7L7 | 242,999 | 3,448,530 | |||
| Total funds carriedforward | 3,097,460 | 407,498 | 233,603 | 3,728,561 |
| 3.Summary Financial Performance ofthe | Parent Gharity | ||
|---|---|---|---|
| Total | Total | ||
| Funds | Funds | ||
| 2023 | 2022 | ||
| Note | f | I | |
| lncome | |||
| Donations,grants andlegacies | |||
| ArtsCouncil EnglandGrant | 963,808 | 1,560,866 | |
| GrantsforRPOResound | 107,588 | 160,164 | |
| Sponsorship anddonations | 1-,t44,595 | 864,870 | |
| CharitableActivities | |||
| Boxoffice, orchestrahireandfees | 7,562,525 | 5,238,332 | |
| Otherincome | 244,743 | 180,140 | |
| lntercompany income | 4,932,67L | 4,202,972 | |
| lnvestment income | 11,351 | 2,274 | |
| Totalincome | 5 | 14,967,381 | L2,209,5L9 |
| Expenditure on | |||
| Raisingfunds | 377,758 | 366,962 | |
| Charitableactivities | 13,768,731 | 11.,553,61-4 | |
| Totalexpenditure | L4,t46,489 | L1,920,476 | |
| Net unrealisedlosseson investments | ltL,727l | (9,0L0) | |
| Netmovementin fundsinthe year | 809,165 | 280,031 | |
| Total funds broughtforward | 3,728,56t | 3,448,53O | |
| Total funds carriedforward | 4,537,726 | __3I28,s9r |
| 2023 | 2022 | ||
|---|---|---|---|
| f | f | ||
| Turnover | 3,756,4L1 | 3,613,045 | |
| CostofSales | (4,458,998) | (3,771.,L821 | |
| GrossLoss | 1702,5871 | (L58,L37) | |
| AdministrationExpenses | (48L,2221 | (438,374) | |
| OperatingLossfor theyear | (1,183,809) | (596,5L1) | |
| Taxation | 1,193,909 | 596,511 | |
| Profit/(loss)for theyearafterTax | |||
| Assets | t,7go,L72 | 596,609 | |
| (Liabilities) | ll,780,L7Ol | (596,607) | |
| NetFunds | 2 | 2 |
| .IncomeAnalysis | ||||
|---|---|---|---|---|
| BySourceofFunds 2023 2022 |
ByLocationof 2023 |
Activity 2022 |
||
| ff | ff | |||
| UnitedKingdom Europe |
6,7O8,041 2,794,734 |
6,LO7,449 436,287 |
7,848,909 t,757,tlt |
6,250,051 329,O97 |
| USA | 222,715 | L,t96,682 | L,O54,L69 | |
| Other | 309,22O | 229,460 | 428,690 | 373,329 |
| LO,O34,7L0 | 9,006,646 | to,o34,7to | 8,006,646 | |
| lntercompanyincome | 4,932,671- | 4,2O2,872 | 4,932,671 | 4,202,872 |
| TotalChar¡tyincome | 14,967,381 | L2,2O9,5r8 | t4,967,38t | L2,2O9,518 |
| Less:intercompanyincome | (4,932,67L1 | (4,202,8721 | 14,932,67L1(4,202,8721 | |
| Total Consolidated income | LO,O34,7tO | 9,006,646 | LO,O34,7LO8,006,646 | |
| Page34 |
| Note | 2023 | 2022 | |
|---|---|---|---|
| f | f | ||
| Costofraising funds | |||
| Musicians'fees and associated costs | 2,4L2 | 'J,1,8L9 | |
| Venue costs | 32,866 | 78,1_64 | |
| Travelrelatedandothercosts | 16,905 | 3,306 | |
| Advertisíng and marketingcosts | 1,039 | 725 | |
| Supportcosts | 7 | 325,505 | 273,640 |
| Total costofraising funds | 378,726 | 367,654 | |
| Costof charitable activities | |||
| Musicians'fees and associated costs | 6,016,003 | 4,544,293 | |
| Venue costs | 44O,763 | 34r,9gO | |
| Travelrelatedandothercosts | 1,433,695 | r,L40,644 | |
| Advertising and marketingcosts | 262,532 | 147,749 | |
| Supportcosts | 7 | 1,965,909 | t,771,,786 |
| Total cost ofcharitableact¡v¡t¡es | 10,018,901 | 7,946,462 |
| Costof | Total | |||
|---|---|---|---|---|
| raisingfunds | Charitable | Governance | 2023 | |
| r. | f | f | f | |
| Staff andstaffrelatedcosts | 2L5,830 | 1,264,487 | 114,664 | L,594,ggt |
| Generalofficecosts | 34,885 | 276,594 | 4,2rO | 315,699 |
| Legal,professionalandmarketingcosts | 34,952 | 1.55,372 | tgo,g24 | |
| Finance anddepreciationcharges | 4,851_ | 64,493 | 69,344 | |
| Audit | 21,,075 | 2L,O75 | ||
| 290,5L8 | L,760,9461.39,949 | 2,Lgt,4L3 | ||
| Allocation ofgovernancesupportcosts | 34,987 | LO4,962 |
(139,949) | |
| Total supportcosts | 325,505 | 1,865,908 | 2,L97.,4L3 |
| Costof | Total | |||
|---|---|---|---|---|
| raising funds f |
Charitable f |
Governance f |
2022 f |
|
| Staff andstaff relatedcosts | 200,630 | t,L75,349 | 102,806 | L,478,785 |
| Generalofficecosts | 23,236 | 294,555 | 5,294 | 323,085 |
| Legal,professional andmarketingcosts | 12,499 | 126,332 | 138,831 | |
| Financeanddepreciationcharges | 5,031 | 78,819 | 83,850 | |
| Audit | 20,875 | 20,875 | ||
| 24'J,,396 | L,675,055128,975 | 2,045,426 | ||
| Allocation ofgovernancesupportcosts | 32,244 | 96,731 |
(L28,97s| | |
| Total supportcosts | 273,640 | L,771,786 | 2,O45,426 |
| 2023 | 2022 | |
|---|---|---|
| f | f | |
| Operatingleaserentals | L78,O34 | 17L,OOO |
| Auditor'sremunerationforannualaudit | 21,o75 | 20,875 |
| Auditor'sfeesfor taxationservices | 4,275 | 4,775 |
| Depreciation of ownedassets | 60,642 | 60,004 |
| Amortisationofintangibleassets | s53 |
| 2023 | 2022 | |
|---|---|---|
| f | f | |
| Salaries | 1,491,759 | 1.;338,346 |
| Socialsecuritycosts | t64,362 | 142,959 |
| Pension costs | 82,785 | 66,097 |
| Other shorttermbenefits | 2,229 | L,gg3 |
| t,741,t33 | t,549,295 |
| 2023 | 2022 | ||
|---|---|---|---|
| Number | Number | ||
| f60,000 | -f70,000 | 7 | |
| f70,00r | -f80,000 | ; | 1, |
| f80,001 | -f90,000 | t | 1, |
| f100,00L | -fLL0,000 | I | T |
| f150,00L | -fL60,000 | t | |
| î.L70,O0L | -fL80,000 | L |
| 2023 | 2022 | |
|---|---|---|
| Number | Number | |
| ConcertsManagement | L3 | t2 |
| Community andEducation | 4 | 4 |
| BusinessDevelopment | 8 | 6 |
| Management,Finance andAdministration | 5 | 5 |
| Total | 30 | 27 |
| 2023 | 2022 | |
|---|---|---|
| f | f. | |
| CharlotteAnsbergs | 21,000 | 36,463 |
| Benjamin Cunningham | 22,O82 | 36,482 |
| Shana Douglas | 47,ztL | 43,765 |
| PatrickFlanaghan | 32,O7? | 33,049 |
| JonathanHallett | 22,353 | |
| MatthewKnight | 34,699 | 35,4r4 |
| Sali-WvnRyan | 42,934 | 38,7\8 |
| AndrewStorey | 24,OOg | |
| ElisabethVarlow | 41,523 | 19,t39 |
| AdamWright | L8,O79 | |
| 283,604 | _____263,563_ |
| Player | LoanPurpose | Original | Balanceat | ||
|---|---|---|---|---|---|
| Loan | 3LMar | 3LMar | 31Mar | ||
| 202L | 2022 | 2023 | |||
| f | î. | î. | f | ||
| EMcDonough | Purchaseofflute | 16,000 | 12,874 | ||
| KAyling | Purchaseof clarinets | 5,000 | 4,472 | 3,L45 | |
| TMilne | Purchaseof viola | 5,000 | 1_,034 | 380 | |
| MPerry | Purchaseoftimpani | 10,000 | 5,260 | ||
| KSaunders | Purchaseofhorn | 7,900 | 1_,294 | l_,080 | |
| Totalreceivable | 7,588 | 5,932 | 16,019 |
| Officeand | Officeand | |||||||
|---|---|---|---|---|---|---|---|---|
| Warehouse | ||||||||
| Fittingsand | ||||||||
| Computer | Motor | Concert | equipment | |||||
| Equipment f |
Vehicles f |
Library f |
Equipment f |
f | Total f |
|||
| Cost | ||||||||
| AtlApril2022 | 77,727 | 310,690 | 46,889 | L45,980 | 4L,628 | 622,9L4 | ||
| Additions | 12,550 | 5,083 | t7,639 | |||||
| Disposals | (25,106) | (4,568) | 793) | (33,4671 | ||||
| At31March2023 | 65,17L | 310,690 | 46,889 | t4t,4t2 | 42,9L8 | 607,080 | ||
| Depreciation | ||||||||
| AtlApril2022 | 65,842 | 147,948 | L38,631 | 38,892 | 391,313 | |||
| Chargeinthe year | 9,266 | 44,384 | 156 | 3,546 | 3,288 | 60,642 | ||
| Disposals | (25,L06) | (3,999) | (3,793) | (32,898) | ||||
| At31March2023 | 50,002 | L92,322 | 156 | 138,180 | 38,387 | 4t9,O57 | ||
| NetBookValue At31March2023 |
15,169 | 118,358 | 46,733 | 3,232 | 4,531 | 188,023 | ||
| At31March2022 | 1L,885 | 162,742 | 46,889 | 7,349 | 2,736 | 23L,601 |
| 5.1Fixed assetinvestments-Consolidated | andCharity | andCharity | ||
|---|---|---|---|---|
| Consolidated | Charity | |||
| 2023 | 2022 | 2023 | 2022 | |
| f | f | € | f | |
| lnvestmentFundat marketvalue | 160,818 | 172,78L | 160,818 | 172,787 |
| Shares ingroupcompanyatcost | 2 | 2 | ||
| TotalFixedAssetlnvestments | 160,818 | 172,78L | 160,820 | ____u2r83_ |
| 202E | 2022 | |
|---|---|---|
| f | f | |
| MarketvalueatlApril | t72,78t | |
| Sharedonation | I05,302 | |
| Less: | ||
| Disposal proceeds | 163,7271 | (43,2561 |
| NetCash(withdrawn) | (4621 | |
| Add: | ||
| Acquisitions atcost | 63,727 | Lr8,256 |
| Netcash reinvested | t,4gg | |
| Netlosson revaluation | (11,501) | (9,010) |
| Marketvalueat31March | 160,818 | L72,78t |
| Historiccostat31March | t8L,329 | LgL,79t |
| 2023 | 2022 | |
|---|---|---|
| f | f | |
| lnvestmentassets intheUK | 74,569 | 100,400 |
| lnvestmentassetsoutsidetheUK | 86,249 | 72,38L |
| TotalMarketvalue at31March | 160,818 | 172,78L |
| 2023 | 2022 | |
|---|---|---|
| f | f | |
| Fixedinterestbonds | 8,493 | 9,847 |
| UKEquities | 49,554 | 24,823 |
| Overseas Equities | 86,249 | 72,381 |
| Propertyandalternativeassets | t?,571 | 9,464 |
| Cash | 2,95L | 266 |
| Total Marketvalue at31March | 160,818 | L72,781 |
| Consolidated | Consolidated | Charity | ||
|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |
| f | ç. | f | f | |
| Tradedebtors | 3LO,37t | 440,186 | 3to,37t | 440,186 |
| Current taxrecoverable | 1,193,909 | 595,568 | ||
| Amounts owedbygroupundertakings | L,776,295 | 593,082 | ||
| Other debtors | 3L,O25 | 19,233 | ?t,o25 | t9,233 |
| Prepayments and accrued income | 277,565 | L56,960 | 277,565 | L56,960 |
| TotalDebtors | 1,8o2,77O | 1-,21,1,947 | 2,395,256 | t,209,46L |
| Consolidated | Consolidated | Charity | ||
|---|---|---|---|---|
| 2021 | 2022 | 2023 | 2022 | |
| f | f | L | f | |
| Tradecreditors | t27,791 | 93,408 | t27,79L | 93,408 |
| Musicians'fees | ?44,746 | 459,L20 | 344,746 | 459,120 |
| Socialsecurityandothertaxes | 296,387 | 93,668 | 236,387 | 93,668 |
| Other creditors | 28,558 | 39,522 | 28,558 | 39,522 |
| Accruals | 153,336 | LgL,441" | 149,46L | 187,9t6 |
| Billingsinadvance | 666,083 | 878,O73 | 666,083 | 878,073 |
| 1,556,901 | L,755,232 | L,553,O26 | L,75L,7O7 |
| illings in advancerepresentfees andticketsalesreceived | in advanceoftheevent to whichthe | yrelate |
|---|---|---|
| 202t | 2022 | |
| f | f | |
| AtlApril2022/2027 | 878,O73 | 1,,066,O22 |
| Additions | 31t,258 | 275,162 |
| Released | 1523,2481 | (463,LLl) |
| At3lMarch202312022 | 666,083 | 878,O73 |
| 8.Provisionsforliabilitiesand charges | ||
| 2023 | 2022 | |
| î | f | |
| AtlApril2022/202L | 61,183 | |
| Additions | ||
| Utilisation | (59,004) | |
| Released | (2,1791 | |
| At3lMarch2023 | 2022 |
| Unrestricted | Designated | Restricted | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| f | f | f | f | |
| Asat31March2023 | ||||
| Fixed assets | 188,023 | 160,818 | 348,841 | |
| Currentassets | 5,010,346 | 2?4,7L7 | 5OO,723 | 5,745,786 |
| Current liabilities | (1,505,939) | (50,962) | (1,556,901) | |
| 3,692,430395,535 | 449,7614,537,726 | |||
| Asat3LMarch2022 | ||||
| Fixed assets | 23r,60r | t72,78L | - | 404,382 |
| currentassets | 4,609,259 | 234,7L7 | 236,4365,079,4rr | |
| Current liabilities | (L,752,3991 | (2,833) | (t,755,232) | |
| 3,087,460407,498 | 233,6033,728,56L |
| 2023 | Authorised 2022 |
Allottedand 2023 |
FullyPaid 2022 |
||
|---|---|---|---|---|---|
| f | f | ff | |||
| Ordinarysharesof fL0 | each | 100,000L00,000 | 7L,OOO | 7t,000 |
| 1.Designatedfunds | ||
|---|---|---|
| 2023 | 2022 | |
| f | f | |
| Residencydevelopment fund | 220,000 | 220,000 |
| Dilapidationsfund | L4,7L7 | L4,717 |
| lnvestment fund | 160,818 | L72,78L |
| 395,535 | 407,498 |
| Community | |||||
|---|---|---|---|---|---|
| and Education | Orchestral | ||||
| projects | performances | TotalFunds | |||
| f | f | f | |||
| Yearto31March2023 | |||||
| Balanceat1April2022 | 233,603 | 233,603 | |||
| Receivedduring theyear: | |||||
| Trusts,foundationsand localauthorities | 48,177 | 78,135 | t26,Etz | ||
| Donations/sponsorshi | p | 59,511 | 7O7,608 | 767,119 | |
| Expenditure during the year | (t7t,7991 | I | $77,2731 | ||
| Balanceat31March2023 | L69,492 | 28O,269 | 449,761, | ||
| Yearto3LMarch 2022 | |||||
| BalanceatLApril2021 | 242,999 | 242,999 | |||
| Receivedduring theyear: | |||||
| Trusts,foundations andlocal author¡t¡es | LOO,9L4 | 63,634 | L64,548 | ||
| Donations/sponsorsh | ip | 59,250 | 90,722 | L49,972 | |
| Expenditure during the year | (L69,560) | (154,356) | (323,916) |
||
| Balanceat3LMarch2022 | 233,603 | 233,603 |
| Total UnrestrictedFunds | Total UnrestrictedFunds | ||||
|---|---|---|---|---|---|
| Called-up | Other | ||||
| Share | Unrestricted | Designated | Restricted | ||
| Capital f |
Funds f |
Funds f |
Funds f |
TotalFunds f |
|
| Yearto31March2023 | |||||
| BalanceatL April2022 | 71,000 | 3,016,450 | 4O7,498 | 233,603 | 3,728,561 |
| lncome | 9,138,515 | 2,764 | 893,431 | LO,O34,7tO | |
| Expenditure | íp,7t7,3541 | (3,000) | l$77,2731 | (LO,397,6271 | |
| Netunrealisedlosseson | |||||
| investments | {!t,7271 | (tL,7271 | |||
| Taxcredit | 1,183,809 | 1,193,809 | |||
| Balanceat31March2023 | 71,000 | 3,62L,43O 395,535 | 449,76t |
4,5?7,726 | |
| Yearto3tMarch2022 | |||||
| BalanceatlApril2021 | 7r,ooo | 2,904,9t4 | 329,777 | 242,999 | 3,448,53O |
| lncome | 7,534,985 | t57,t+t | 3L4,520 | 8,006,646 | |
| Expenditure | (7,919,850) | (70,350) | (323,916) | (8,3L4,116) | |
| Netunrealisedlosseson | |||||
| investments | (9,010) | (9,010) | |||
| Taxcredit | 596,511_ | 596,51.L | |||
| Balanceat31.March2022 | 7r,000 | 3,016,460 407,498233,603 | 3,728,56L |
| Landand | Land and | |
|---|---|---|
| Buildings 2023 |
Buildings '2022 |
|
| f | r. | |
| Commitments arising in: | ||
| Lessthanoneyear | 217,8t6 | L08,000 |
| Twotofiveyears | 42O,O76 | 189,000 |
| 637,892 | 297,O00 |