##
##
##
||||||Page|
|---|---|---|---|---|---|
|Reference and Administrative||Details ofthe Charitable|company,|its Trustees and||
|Advisers||||||
|Trustees' Report||||||
|Trustees' Responsibilities
Statement||||||
|Independent
Auditor's|Report|on the Financial Statements|||7-10|
|Statement ofFinancial|Activities|||||
|Balance Sheet|||||12|
|Statement ofCash Flows|||||13|
|Notes tothe Financial|Statements||||14-27|
##
|Trustees|||M Hohmann||
|---|---|---|---|---|
||||D Jackson||
||||A Lewis-Crosby||
||||J Mackenzie||
||||K McDowell||
||||A Rushton||
||||LWalt||
||||BWordsworth||
||||D Burke||
|Company|registered||||
|number|||01214781||
|Charity registered|||||
|number|||270689||
|Registered||office|Henry Wood Hall||
||||Trinity Church Square||
||||London||
||||SE1 4HU||
|Company|secretary||A Stevens||
|Independent||auditor|Blick Rothenberg|Audit LLP|
||||Chartered
Accountants||
||||Statutory Auditor||
||||16Great Queen|Street|
||||Covent Garden||
||||London||
||||WC2B 5AH||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||As mstatsd|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Note|2022f|2022f|2022f|2021f|
|Income from:|||||||
|Donations
and legacies|||203,805||203,805|24,731|
|Charitable
activities|||380,561||380,561|219,294|
|Total income|||584,366||584,366|244,025|
|Expenditure
on:|||||||
|Charitable
activities||5|414,170|13,486|427,656|442,654|
|Total expenditure|||414,170|13,486|427,656|442 654|
|Net movement
in funds|||170,196|(13,486)|156,710|(198,529)|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||295,946|327,032|622,978|821,507|
|Net movement
in funds|||170,196|(13,486)|156,710|(198,629)|
|Total funds carried|forward||466,142|313,546|779,688|522,978|
##
##
##
##
|||||||||As resisted|
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|||||Note||||6|
|Fixed assets|||||||||
|Tangible assets||||10||700,819||697,101|
|Current assets|||||||||
|Debtors|||||148,121||55,838||
|Cash at bank and in hand|||||39,639||10,148||
||||||187,760||65,986||
|Creditors:-amounts-falling||duo widtin|one||||||
|year||||12|(81,086)||(98,095)||
|Net current assets I(liabilities)||||||106,674||(32 1091|
|Total assets less current||liabilities||||807,493||664,992|
|Creditors: amounts|falling|due after|more||||||
|than one year||||13||(27,805)||(42,014)|
|Total net assets||||||779!688||622 978|
|Charity funds|||||||||
|Restricted funds||||18||313,546||327,032|
|Unrestricted
funds||||17||466,142||295,946|
|Total funds||||||779,688||522,978|
|The Trustees
acknowledge||their resnnnsibilities||mr comniyinn||with the requirements|nt the Art|with resnent
tn|
|accounting
records|and preparation||offinancial|statements|||||
##
##
##
|||||||||As restated|
|---|---|---|---|---|---|---|---|---|
|||||||Note|2022
K|2021
f|
|Cash flows from operating||activities|||||||
|Net cash used in operating|activities|||||19|67,066|(44,067)|
|Cash flows from investing||activities|||||||
|Purchase
oftangible
fixed assets||||||10|(25,380)||
|Net cash (used in)/provided||by investing||activities|||(25,380)||
|Cash flows from financing||activities|||||||
|Cash inflows from new borrowing||||||||50,000|
|Repayments
ofborrowing|||||||(12,195)||
|Net cash (used in)/provided||by financing||activities|||(12,195)|50,000|
|Change
in cash and cash||equivalents|in|the year|||29,491|5,033|
|Cash and cash equivalents||at the beginning||ofthe year|||10,148|5,115|
|Cash and cash equivalents||at the end|of|the year||20|39,639|10,148|
|The notes on pages 14to 27 form part ofthese financial|||||statements||||
##
##
##
##
##
##
##
##
##
##
##
##
##
|Long-term|leasehold|property|- Straight
line over the remaining|- Straight
line over the remaining|life ofthe lease|
|---|---|---|---|---|---|
|Plant and|machinery||- 33%straight|line||
|Fixtures and fittings|||- 20%reducing|balance||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||As restated|
|---|---|---|---|---|---|---|
|||||Unrestricted|Totai|Total|
|||||funds|funds|funds|
|||||2022
6|2022
5|202'lf|
|Donations||||3,300|3,300|3,500|
|Coronavirus|job retention||scheme grant|11,213|11,213|12,536|
|Local authority||grant||36,550|36,550|8,695|
|Arts Council|grant|||152,742|152,742||
|||||203,805|203,805|24,731|
|Total 2021|as|restated||24,731|24,731||
##
||||||As restated|
|---|---|---|---|---|---|
||||Unrestricted|Total|Total|
||||funds|funds|fundc|
||||2022|2022f|2021f|
|lemma|frnm rneritehle|Brtivitiec|RRD RR1|360.561|219294|
|Total 2021 as restated|||219,294|219,294||
##
|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|Total|Total|
|||2022|2022|2022|2021|
|||6||5||
|Charitable|activities|414,170|13,486|427,656|442,654|
|Total 2021||429,168|13,486|442,654||
##
##
##
|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||directly|costs|funds|funds|
|||2022|2022|2022|2021|
|||K|K|K||
|Charitable|activities|364,658|62,998|427,656|442,654|
|Total 2021||395,510|47,144|442 854||
##
||||Total|Total|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021f|
|Staff costs|||158,662|180,988|
|Depreciation|||21,662|26,806|
|Rates|||5,179|1,735|
|Insurance|||39,042|37,991|
|Cleaning|||36,195|17,236|
|Light and|Heat||18,088|15,696|
|Piano tuning|||6,553|2,387|
|Printing,|postage|and stationery|5,677|5,405|
|Telephone|||6,006|5,854|
|Computer|costs||4,302|5,128|
|Repairs and maintenance|||35,818|48,826|
|Catering|||6,129|8,245|
|Bad and|doubfful|debts|21,345|58,233|
||||364,658|395,510|
##
##
##
##
|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2022
6|2021f|
|Travelling|expenses|5,452|3,172|
|Entertaining||3,142|2,020|
|Sundry expenses||1,867|2,150|
|Bank charges||388|292|
|Casual labour||35,068|27,131|
|Interest||791|1,220|
|Governance costs||16,200|11,159|
|||62,998|47,144|
##
|Audit fees|||10,000|9,600|
|---|---|---|---|---|
|Underprovision|of|prior year fees|1,050|1,500|
|Other professional||fees|5,150|59|
||||16,200|11,109|
##
##
##
##
|Staff costs||||||
|---|---|---|---|---|---|
|||||2022
f.|2021f|
|Wages and|salaries|||129,739|137,163|
|Social security costs||||17,983|13,641|
|Contribution|to defined|contribution|pension schemes|10,940|10,184|
|||||158,662|160,988|
|2022|2021|
|---|---|
|No.|No.|
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||No.|No.|
|In|the|band|f60,001|- F70,000|2|2|
##
##
##
##
||||Long-term||||
|---|---|---|---|---|---|---|
||||leasehold|Plant and|Fixtures and||
||||propertyf|machinery|fittingsf|Total
K|
||Cost||||||
||At 1 April 2021||1,021,360|138,313|250,267|1,409,940|
||Additions|||25,380|~|25,380|
||At 31 March 2022||1,021,360|163,693|250,267|1,435,320|
||Depreciation||||||
||At 1 April 2021||348,758|137,213|226,867|712,839|
||Charge for the|year|13,486|3,496|4,680|21,662|
||At 31 March 2022||362,245|140,709|231,547|734,501|
||Net book value||||||
||At 31 March 2022||659,115|22,984|18,720|700,819|
||At 31March 2021||572,601|1,100|23,400|597,101|
|11.|Debtors||||||
||||||2022f|2021f|
||Trade debtors||||32,820|35,518|
||Other debtors||||20,265|20,220|
||Prepayments|and accrued income|||95,036||
||||||148,121|55,838|
##
##
##
##
|||As restated|
|---|---|---|
||2022f|2021|
|Bankloans|10,000|7,986|
|Trade creditors|273|11,343|
|Other taxation and social security||20,549|
|Other creditors|15,322|5,209|
|Accruals and deferred income|55,491|53,008|
||81,086|98,095|
##
##
|2022f|2021f|
|---|---|
|27,805|42,014|
||||||2022|2021f|
|---|---|---|---|---|---|---|
|Payable|or|repayable|by|instalments||2662|
|||||||2,662|
##
##
##
##
##
##
##
##
##
##
|Analysis of n|et assets between funds - current year||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|||E|E|E|
|Tangible fixed|assets|387,273|313,546|700,819|
|Current assets||187,760||187,760|
|Creditors due within one year||(61,066)||(81,086)|
|Creditors due|in more than one year|(27,805)||(27,806)|
|Total||466,142|313,546|779,688|
|Analysis ofnet assets between funds - pr(or year|||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021
E|2021f|2021
E|
|Tangible fixed|assets|370,069|327,032|697,101|
|Current assets||65,986||65,966|
|Creditors due within one year||(ge,ogs)||(98,095)|
|Creditors due in more than one year||(42,014)||(42,014)|
|Total||295,946|327,032|622978|
##
##
##
||||Resources|31 March|Total|
|---|---|---|---|---|---|
|||1 Apdl
2021|expended|2022|funds|
||||||2021|
|Southwark|grant|243,861||243,861|243,851|
|Donation||63,171|(13,486)|69,685|83, 'I 71|
|||327,032|(13,486)|313,546|327,032|
|Total 2021||340,5'l8|(13,485)|327,032||
##
|Reconciliation
ofn|et m|ovem|ent|in fun|ds t|o net|cash flow|from|operating|activities||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||As restated|
|||||||||||2022|2021|
|||||||||||6||
|Net
income/expenditure||for|the|year|(as|per|Statement|of|Financial|||
|Activities)||||||||||156,710|I'198,S29)|
|Adjustments
for:||||||||||||
|Depreciation
charges||||||||||21,662|25,805|
|Dividends,
interests|and|rents|from|investments||||||||
|(Increase)/decrease|in debtors|||||||||(92,283)|53,607|
|(Decrease)/increase|in creditors|||||||||(19,023)|73,249|
|Net cash provided|by/(used||in) operating|||activities||||67,066|(44,957)|
##
##
##
##
|||At 1 April||At 31 March|
|---|---|---|---|---|
|||2021|Cash flows|2022|
||||6||
|Cash|at bank and in hand|10,148|29,491|39,639|
|Debt|due within
1 year|(7,986)|(2,014)|(10,000)|
|Debt|due after 1 year|(42,014)|14,209|(27,805)|
|||(39,852)|41,686|1,834|
##
##