2023-03-31-accounts

Reference and Administrative Details
Trustees' Report	2to7
Independent Auditor's Report	8to 11
Consolidated Statetnent ofFinancial Activities	12to 13
Consolidated Balance Sheet	14
Balance Sheet	15
Consolidated Statement ofCash Flows	16
Notes to the Financial Statements	17to 39

	gncluding Conso	lidated Income	and Expenditu	re Account)
			Unrestricted	Restricted	Total
		Note	funds f.	funds	2023f
Income from:
Donations and legacies			403,038	9,918	412,956
Charitable activities			1,360,393	3,788	1,364,181
Other trading activities			314,408		314,408
Investment income			8,773		8,773
Total Income			2,086,612	13,706	2,100,318
Expenditure on:
Raising funds			(96,126)		(96,126)
Charitable activities			(2,029,486)	(42,168)	(2,071,654)
Total Expenditure			(2,125,612)	(42,168)	(2,167,780)
Net expenditure Transfers between	funds		(39,000) 12,842	(28,462) ~12,842)	(67,462)
Net movement in funds			(26,158)	(41,304)	(67,462)
Reconciliation offunds
Total funds brought	forward		3,033,009	232,312	3,265,321
Total funds carried	forward	23	3,006,851	191,008	3,197,859

			Unrestricted	Restricted	Total
			funds	funds	2022
		Note
Income from:
Donations and legacies			586,331		586,331
Charitable activities			901,592	728	902,320
Other trading activities			179,459		179,459
Investment income			240		240
Total Income			1,667,622	728	1,668,350
Expenditure on:
Raising funds Charitable activities		7 8	(30,308) ~1,821,925)	(46,008)	(30,308) (1,867,933)
Total Expenditure			(1,852,233)	(46,008)	~1,898,241)
Net expenditure			184,611)	(45480)	(229,891)
Net movement in funds			(184,611)	(45,280)	(229,891)
Reconciliation of I'unds
Total funds brought	forward		3,217,620	277,592	3,495,212
Total funds carried	forward	23	3,033,009	232,312	3,265,321

	Con	solidated Balance Sheet as	at31Mar	ch 2023
				2023	2022
			Note		f
Fixed assets
Tangible assets			14	3,099,163	3,209,773
Current assets
Stocks			16	14,989	32,546
Debtors			17	341,506	434,565
Cash at bank and in hand				639,482	703,212
				995,977	1,170,323
Creditors: Amounts	falling	due within one year	18	(536,238)	(764,634)
Net current assets				459,739	405,689
Total assets less current liabilities				3,558,902	3,615,462
Creditors: Amounts	falling	due after tnore than one year	19	(220,368)	(91,141)
Provisions			2i	~)40,675)
Net assets excluding	pension	liability		3,197,859	3,524,321
Pension scheme liability			22		~259,000)
Net assets including	pension	liability		3,197,859	3,265,321
Funds ofthe group:
Restricted funds				191,008	232,312
Unrestricted income	funds
Unrestricted funds				3,006,851	3,033,009
Total funds			23	3,197,859	3,265,321

				?023	2022
			Note	f.
Fixed assets
Tangible assets			14	3,096,048	3307,584
Investments			15	100	100
				3,096,148	3,207,684
Current assets
Stocks			16	14,989	32,546
Debtors			17	304,134	255,977
Cash at bank and in hand				438,332	547,635
				757,455	836,158
Creditors: Amounts	falling	due within one year	18	(326,224)	~482,322)
Net current assets				231,231	353,836
Total assets less current liabilities Creditors: Amounts falling due after more than one year			19	3,327,379 ~(220,368	3,561,520 ~9(,(4(
Net assets excluding	pension	liability		3,107,011	3,470,379
Pension scheme liability			22		(259,000)
Net assets including pension		liability		3,107,011	3,211,379
Funds ofthe Charity:
Restricted funds				191,008	232,312
Unrestricted income	funds
Unrestricted funds				2,916,003	2,979,067
Total funds			23	3,107,011	3,211,379

Consolidated Stat	ement of	Cash	Flows for the	Year E	nded 31March	2023
					2023	2022
				Note
Cash flows from operating activities
Net movement in funds					(67,462)	(229,891)
Adjustmcnts to cash flows from non-cash		items
Depreciation Investment income				14 6	133,707 (8,773)	144,146 ~240)
					57,472	(85,985)
Working capital adjustments
Decrease/(increase) in stocks				16	17,557	(14,530)
Decrease/(increase) in debtors				17	93,059	(97,040)
(Decrease)/increase in creditors				18	(92,128)	237,933
Increase/(decrease) in retirement benefit obligation			net ofactuarial
changes				22	(259,000)	(60,000)
Increase in provisions				21	140,675
Increase in deferred income				18	8,358	66,018
Net cash flows from operating	activities				~34,007)	46,396
Cash flows from investing activities
Interest receivable and similar	income			6	8,773	240
Purchase oftangible fixed assets				14	(23,097)
Net cash flows from investing	activities				(14,324)	240
Cash flows from financin activities Repayment ofloans and borrowings				18	((3,399)	~(2,822
Net (decrease)/increase in cash	and cash equivalents				(63,730)	33,814
Cash and cash equivalents at I	April 2022				703,212	669,398
Cash and cash equivalents at 31March 2023					639,482	703,212

					Unrestricted
					funds
						Restricted	Total	Total
					General	funds	2023	2022
						E
Donations and legacies;
	Donations from	individuals			73,948	7,000	80,948	37,025
Grants, including		capital grants;
	Grants - HMRC	JRS	grant					35,808
	Grant - Bracknell Forest Council				194,090		194,090	194,090
	Grant - Bracknell Town Council				135,000		135,000	135,000
	Grant - Arts Council		England					147,125
	Grant - Arts Council		England			2,918	2,918
	Grant - BFCrates and restart
	support							36,783
	Grant - Wartield	Parish Council						500
					403,038	9,918	412,956	586,331
4	Income from	charitable		activities
					Unrestricted
					funds
						Restricted	Total	Total
					General	funds	2023	2022
	Courses and workshops				257,189		257,189	195,470
	Admissions				796,962		796,962	576,785
	Room hire				141,309		141,309	72,178
	Other				164,933	3,788	168,721	57,887
					I,360,393	3,788	1,364,181	902,320

					Unrestricted
					funds
						Total	Total
					General	2023	2022
					f
Trading income;
	Other trading	income					3,372
Other income from				other trading activities (including
HTC)					314,408	314,408	176,087
					314,408	314,408	179,459
6	Investment	income
					Unrestricted
					funds
						Total	Total
					General	2023	2022
							f
Interest receivable			and similar income;
	Interest receivable			on bank deposits	8,773	8,773	240

Unrestricted
funds
	Total	Total
General	2023	2022
f
15,940	15,940	21,784

b) Costs of trading	activities
		Unrestricted
		funds
			Total	Total
		General	2023	2022
Costs ofgoods sold		7,635	7,635	1,506
Trading subsidiary	costs	35,991	35,991	7,018
Legal fees		36,560	36,560
		80,186	80,186	8,524

8 Expendit	ure on c	haritable ac	tivities
			Unrestricted	funds
					Restricted	Total	Total
			Designated	General	funds	2023	2022
		Note
Courses and
workshops				36,412		36,412	(464)
Admissions				715,196	15,211	730,407	529,181
Other				1,593		1,593	2,248
Staffcosts				835,473		835,473	807,709
Allocated support
costs			73,438	316,016	26,957	416,411	485,117
Governance	costs			51,358		51,358	44,142
			73,438	1,956,048	42,168	2,971,634	1,867,933

9 Analysis	ofgovernance	ofgovernance	ofgovernance		and support costs	and support costs	and support costs	and support costs
Support costs allocated			to	raising		funds
											Administration	Total		Total
								Staffcosts			costs	2023		2022
													f,	f.
Costs ofgenerating		donations			and
legacies									13,640		2,300		15,940	21,784
Support costs allocated			to	charitable			activities
											Premises
											costs	Other
						Finance		Administration			including	support	Total	Total
							costs f		costs f		depreciation	costs	2023 f.	2022f
Courses and	workshops										126,267		126,267	129,129
Admissions							1,101		(43,017)		294,520	23,408	276,012	300,720
Room hire											9,437		9,437	8,879
Other							2,507						2,507	2,110
							3,608		43,017		430,224	23,408	414,223	440,838
Governance	costs
											Unrestricted
											funds
												Total		Total
											General	2023 f,		2022f
Audit fees
The audit	ofthe	charity's		annual		accounts					13,350		13,350	12,153
The audit	ofthe	charity's		subsidiaries' annual					accounts		3,510		3,510	3,316
Auditors'	remuneration		-	non audit			work				12,513		12,513	6,150
Auditors'	remuneration		-	non audit			work -	Subsidiary			1,700		1,700	1,500
Wages and	salaries										16,803		16,803	16,564
StaffNlC (Employers)											1,923		1,923	1,798
Staff pensions (Defnied			contribution)				-pension		scheme	1	382		382	363
Legal and professional			fees		ofsubsidiary						4,109		4,109	2,298
Other interest payable											(2,932)		(2,932)
											51,358		51,358	44,142

The aggregate wag	e costs were as follows:
		2023	2022
		f
Staff costs during	the year were:
Wages and salaries		800,924	752,735
Social security costs		50,993	43,477
Pension costs		13/94	12,026
Other staff costs		3,010	12,855
		868,221	821,093

The number o follows:	f persons (including senior management	team) employed by the group d	uring th	e year wa	s as
		2023		2022
		No		No
Arts activities	and performances		42		39
Administration	and marketing		ll		9
Boxoffice and	front ofhouse		8		10
Operations			13		15
Technical			5		6
Governance			I		I
			80		80

12 Auditor's remune	ration
			2023	2022f
Audit ofthe financial	statements	ofthe charity	13,350	12,153
Other fees to auditors
Audit ofthe financial	statements	ofthe subsidiary	3,510	3,316
All other non-audit services			14,213	7,650
			17,723	10,966

Group
	Long	Long
	leasehold	leasehold	Plant and
	property:	property:	equipment	Pianos	Total
	Project 2000	Other
Cost
At 1 April 2022	3,798,970	1,700,738	963,620	15,325	6,478,653
Additions			23,097		23,097
At 31 March 2023	3,798,970	1,700,738	986,717	15,325	6,501,750
Depreciation
At 1 April 2022	1,596,175	875,166	782,214	15,325	3,268,880
Charge for the year	73,438	26,087	34,182		133,707
At 31 March 2023	1,669,613	901,253	816,396	15,325	3,402,587
Net book value
At 31March 2023	2,129,357	799,485	170,321		3,099,163
At 31 March 2022	2,202,795	825,572	181,406		3,209,773

Charity
	Long	Long
	leasehold	leasehold	Plant and
	property:	property:	equipment	Pianos	Total
	Project 2000	Other
Cost
At 1 April 2022	3,798,970	1,700,738	944,262	15,325	6,459,295
Additions			19,984		19,984
At 31 March 2023	3,798,970	1,700,738	964,246	15,325	6,479,279
Depreciation
At I April 2022	1,596,175	875,166	765,045	15,325	3,251,71 i
Charge for the year	73,438	26,087	31,995		131,520
At 31 March 2023	1,669,613	901,253	797,040	15,325	3,383,231
Net book value
At 31 March 2023	2,129,357	799,485	167,206	-	3,096,048
At 31 March 2022	2,202,795	825,572	179,217		3,207,584

Charity
				2023	2022
Shares in group undertakings	and participating	interests		100	100
Shares in group undertakings	and participating		interests
				Subsidiary
				undertakings	Total
				f,
Cost
At I April 2022				100	100
At 31 March 2023				100	100
Net book value
At 31 March 2023				100	100
At 31 March 2022				100	100

Details of capital are	the investment as follows:	s in wh	ich	the Cha	rity holds 20%	or more ofthe nominal valu	e ofany	class of	share
						Proportion ofvoting
		Country		ol'		rights and shares
Undertaking		incorporation			Holding	held	Principal	activity
Subsidiary	undertakings
Haversham	Trading						Room	lettings	and
Company (Company	Limited number.	England	and	Wales	Ordinary	100%	royalties letting	derived of bar	from and
03524575)							catering	facilities.

16 Stocks
		Group		Charity
		2023	2022	2023	2022
Raw materials		14,989	32,546	14,989	32,546
17 Debtors
		Group		Charity
		2023	2022	2023	2022
Trade debtors		138,600	69,538	108,668	52,760
Due from group undertakings				99,794	111,971
Prepayments	and accrued income	118,048	297,864	11,765	25,759
VAT recoverable		951	1,282		1,282
Other debtors		83,907	65,881	83,907	64,205
		341,506	434,565	304,134	255,977

					Group		Charity
					2023	2022	2023	2022
								K
Bank	loans				10,000	10,000	10,000	10,000
Trade	creditors				102,520	111,702	98,653	111,003
Other	loans				5,479	5,399	5,479	5,399
Other	taxation	and	social	securiiy	19,374	12,714	19,374	10,709
Other	creditors				398,865	624,819	392,718	345,211
					536,238	764,634	526,224	482,322

		Group		Charity
		2023	2022	2023	2022
		f
Bank	loans	22,500	32,500	22,500	32,500
Other	loans	53,162	58,641	53,162	58,641
Other	creditors	144,706		144,706
		220,368	91,141	220,368	91,141

Operating lease com	mitinents
Total future minimum	lease payments	under non-cancellable	operating	leases are as follows:
		Group			Charity
			2022		2023f	2022
Land and buildings
Within one year		10		10	10		10
Between one and five	years	40		40	40		40
After five years		430		440	430		440
		480		490	480		490

Group
								Balance at
				Balance at 1	Incoming	Resources		31 March
				April 2022	resources	expended	Transfers	2023
						E
Unrestricted		funds
General				738,707	2,086,612	(2,052,174)	2,842	775,987
Designated				2,294,302		(73,438)	10,000	2,230,864
Total unrestricted			funds	3,033,009	2,086,612	(2,125,612)	12,842	3,006,851
Restricted funds
Restricted				232,312	13,706	(42,168)	(12,842)	191,008
Total funds				3,265,321	2,100,318	~2,167,780)		3,197,859
								Balance at
					Balance at 1	Incoming	Resources	31March
					April 2021	resources	cxpcnded f	2022
Unrestricted		funds
General					849,881	1,667,623	(1,778,797)	738,707
Designated					2,367,740		(73,438)	2,294,302
Total unrestricted			funds		3,217,621	1,667,623	(1,852,235)	3,033,009
Restricted Restricted	funds				277,591	728	~46,007)	232,312
Total funds					3,495,212	1,668,351	(),898,242)	3,265,321

Charity
							Balance at
			Balance at I	Incoming	Resources		31March
			April 2022 f	resources	expended f,	Transfers	2023
Unrestricted funds
General
General Fund			943,768	1,959,779	(2,025,178)	2,842	881,211
Designated
Project 2000			2,202,800		(73,438)		2,129,362
Future Projects			91,500			10,000	101,500
			2,294,300		(73,438)	10,000	2,230,862
Other
Pension scheme			(259,000)		62,931		(196,069)
			(259,000)		62,931		(196,069)
Total Unrestricted		funds	2,979,068	1,959,779	(2,035,685)	12,842	2,916,004
Restricted funds
Piano Fund			5,822				5,822
Wilde Young Producers-
formerly known	as
Missed Out			1,390			(1,390)
Cinema Funding			7,372				7,372
ACE - Small Capital
Grant			140,664		(20,779)		119,885
Youth @South	Hill Park		31,723	3,788	(13,579)	1,390	23,322
Cinema Projects			1,349				1,349
Donation for Ukelele
Sponsorship			1,061				1,061
Business Plan			22,128		(5,194)		16,934
Grant - Winkfield		Parish
Council (Telephone
System)			4,922		(984)		3,938
Lottery funding	-	Visual
Arts Projects			5,615		(1,632)		3,983
ACE Small Grant			10,265	2,918		(5,842)	7,341
Donations				7,000		(7,000)
Total restricted	funds		232,311	13,706	~(42,(68	~((2,842	191,007
Total funds			3,211,379	1,973,485	~2,077,853)		3,107,011

							Balance at
			Balance at 1	Incoming	Resources		31March
			April 2021	resources	expended	Transfers	2022
Unrestricted funds
General
General Fund			1,158,831	1,608,529	(1,823,592)		943,768
Designated
Project 2000			2,276,238		(73,438)		2,202,800
Future Projects			91,500				91,500
			2,367,738		(73,438)		2,294,300
Other
Pension scheme			~319,000)		60,000		~(259,000
			(319,000)		60,000		(259,000)
Total unrestricted		funds	3,207,569	1,608,529	(1,837,030)		2,979,068
Restricted funds
Piano Fund			5,822				5,822
Wilde Young Producers-
formerly known		as
Missed Out			1,390				1,390
Cinema Funding			7,372				7,372
ACE - Small Capital
Grant			161,443		(20,779)		140,664
Youth @South	Hill Park		26,152	728	(5,157)	10,000	31,723
Cinema Projects			1,349				1,349
Donation for Ukelele
Sponsorship			1,400		(339)		1,061
Business Plan			38,105		(15,977)		22,128
Grant - Winkfield		Parish
Council (Telephone
System)			5,906		(984)		4,922
Lottery funding	- Visual
Arts Projects			8,387		(2,772)		5,615
Garfield Weston			10,000			(10,000)
ACE Small Grant			10,265				10,265
Total restricted	funds		277,591	728	(46,008)		232,311
Total funds			3,485, 160	1,609,257	(1,883,038)		3,211,379

Group
			Unrestricted funds
						Restricted
			General	Designated	Other	funds	Total funds
			f.
Tangible	fixed	assets	744,293	2,129,362		225,508	3,099,163
Current assets			928,979	101,500		(34,502)	995,977
Current liabilities			(484,875)		(51,363)		(536,238)
Creditors	over	1 year	(75,662)		(144,706)		(220,368)
Provisions			(140,675)				(140,675)
Total net	assets		972,060	2,230,862	(196,069)	191,006	3,197,859

Charity
		Unrestricted funds
					Restricted
		General	Designated	Other	funds	Total funds
					f.
Tangible fixed	assets	741,178	2,129,362		225,508	3,096,048
Fixed asset investments		100				100
Current assets		690,457	101,500		(34,502)	757,455
Current liabilities Creditors over 1 year		(474,861) ~75,662		(51,363) (144,706)		(526,224) (220,368)
Total net assets		881,212	2,230,862	~196,069	191,006	3,107,011

Group
				At 31March
	At	1April 2022	Cash flow	2023
Cash at bank and in hand		703,212	(63,730)	639,482
Net debt		703,212	(63,730)	639,482
Charity
				At 31March
	At	1April 2022	Cash flow	2023
		f,
Cash at bank and in hand		547,635	(109,303)	438,332
Net debt		547,635	(109,303)	438,332