| Page | ||
|---|---|---|
| Legal and administrative | information | |
| Trustees' Report |
2-5 | |
| Independent Examiner's |
Report to the Trustees | |
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Statement ofCash Flows | ||
| Notes tothe Financial Statements | 10-15 |
| Dr Nicolas Bell | Dr Peter Horton | |
|---|---|---|
| Dr Jonathan Clinch |
Dr Harry Diack Johnstone | |
| Dr John Cunningham | Dr Valerie Iangfield |
|
| Professor David Fallows | Dr Peter Lynan (General Editor) | |
| Professor Rebecca Herissone | (Chair) | Professor Julian Rushton |
| Professor Peter Holman | Professor Jonathan Wainwright |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Note | Funds | Funds | Funds | Funds | |||
| Fixed Assets | |||||||
| Investments | 446,447 | ||||||
| Current Assets | |||||||
| Stocks | 12 | 61,430 | 0 | 61,430 | 74,014 | ||
| Debtors | 13 | 10,885 | 124,093 | 134,978 | 2,451 | ||
| Cash at bank and in | hand | 34,168 | 500,242 | 534,410 | 28,068 | ||
| Total current assets | 106,483 | 624,335 | 730,818 | 104,533 | |||
| Liabilities | |||||||
| Creditors: amounts | falling due within one year | 1,499 | 1,499 | 1,500 | |||
| Net current assets | 104,984 | 624,335 | 729,319 | 103,033 | |||
| Total assets less current | liabilities | 104,984 | 624,335 | 729,319 | 549,480 | ||
| The funds of the charity: | |||||||
| General Funds |
15 | 104,984 | 0 | 104,984 | 102,791 | ||
| Restricted Funds |
15 | 0 | 624,335 | 624,335 | 446,689 | ||
| Total charity funds | 104,984 | 624,335 | 729,319 | 549,480 |
| Note | 2022 | 2021 | ||
|---|---|---|---|---|
| f | f | |||
| Cash Flows from Operating | Activities | 17 | 59,895 | 8,145 |
| Cash flows from investing | activities | |||
| Cash flows from financing | activities | |||
| increase/(Decrease) in cash and cash equivalents |
59,895 | 8,145 | ||
| Cash and cash equivalents | as at 30th June 2021 | 28,068 | 28,068 | |
| Cash and cash equivalents | as at 30th June 2022 | 87,963 | 36,213 |
| 2022 | 2022 | 2022 | 2021 | |||
|---|---|---|---|---|---|---|
| f | E | E | f | |||
| Unrestricted | Restricted | Total | Total | |||
| Donations | 3,7S8 | 0 | 3,7S8 | 103 | ||
| Legacies | 177,646 | 177,646 | 446,447 | |||
| Gift Aid | 0 | 0 | 0 | 0 | ||
| 3,7S8 | 177,646 | 181,434 | 446,551 | |||
| Note 3 | ||||||
| Investment | Income | 2022 | 2022 | 2022 | 2021 | |
| E | E | E | f | |||
| Unrestricted | Restricted | Total | Total | |||
| Interest receiva ble | 72 | 72 | ||||
| Note 4 | ||||||
| Incoming | resources from Charitable | Activities | 2022 | 2021 | ||
| E | f | |||||
| Sales ofVolumes | 45,063 | 36,688 | ||||
| Royalties | 3,873 | 3,717 | ||||
| 48,936 | 40,405 |
| Grant | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| Note | Other Costs | funding | 2022 | 2021 | ||||
| f | f | |||||||
| Charitable Activities |
||||||||
| Sales ofvolumes | &awards | |||||||
| Sales ofvolumes | &awards | 39,475 | 39,475 | 24,862 | ||||
| Support Costs | 2,440 | 2,440 | 2,451 | |||||
| Total | 41,915 | 41,915 | 27,312 | |||||
| Prizes awarded | and expenses | |||||||
| Activities undertaken | directly | |||||||
| Study Events | ||||||||
| Grant funding of activities | ||||||||
| Total | 41,915 | 41,915 | 27,312 | |||||
| Note 6 | ||||||||
| Activities Undertaken | directly | Unrestricted | Restricted | |||||
| 2022 | 2022 | 2022 | 2021 | |||||
| f | f | f | f | |||||
| Other costs relating to | sales ofvolumes &awards: | |||||||
| Opening stock &WIP | 74,014 | 74,014 | 70,828 | |||||
| Purchases | 26,216 | 26,216 | 23,654 | |||||
| Closing Stock and WIP | (61,430) | (61,430) | (74,014) | |||||
| Cost ofsales | 38,800 | 0 | 38,800 | 20,469 | ||||
| General editor's | expenses | 175 | 0 | 175 | 333 | |||
| Honorarium: general |
editor | 0 | 0 | 0 | 3,560 | |||
| Publicity and advertising | 0 | 0 | 0 | 0 | ||||
| Contribution to |
Publisher's | Storage Costs | 500 | 0 | 500 | 500 | ||
| 39,475 | 0 | 39,474 | 24,862 |
| Note 7 | |||
|---|---|---|---|
| Grants Payable | 2022 | 2021 | |
| f | f | ||
| Prizes awarded &expenses | 0 | 0 | |
| Musica Britannica Research Award: No awards were made during the year (2021:None). | |||
| Note 8 | 2022 | 2021 | |
| Support Costs | f | f | |
| Insura nce | 2,344 | 2,358 | |
| Bank Charges | 96 | 93 | |
| 2,440 | 2,451 | ||
| Note 9 | 2022 | 2021 | |
| Governance | Costs | f | f |
| Honorarium: | secretary | 7,160 | 3,560 |
| Secretary's | expenses | 28 | 0 |
| Committee | expenses | 0 | 0 |
| Accounts Preparation | 1,200 | 1,200 | |
| Independent | Examination | 300 | 300 |
| 8,688 | 5,060 |
| Analysis ofnet as | sets between funds | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |||
| Funds | Funds | |||||
| Fund balances as | at 30june 2021are represented | by: | ||||
| Fixed Asset Investments | 0 | 0 | 0 | 446447 | ||
| Current Assets | 106,483 | 624,335 | 730,818 | 104,533 | ||
| Creditors: amounts | falling due within one year | (1,499) | 0 | (1,499) | (1,500) | |
| 104,984 | 624,335 | 729,319 | 549,480 |
| Reconcili | ation of net movement in funds to net cash flow fro |
m operating activities |
|
|---|---|---|---|
| 2022 | 2021 | ||
| Net movement in Funds |
179,839 | 454,592 | |
| Increase | in Investments | 0 | (446,447) |
| Unrealised profits / losses on investments |
0 | 0 | |
| Decrease | / (Increase) in stocks | 12,584 | 0 |
| Decrease | / (Increase) in debtors | (132,527) | 0 |
| Increase | / (Decrease) in creditors | (1) | 0 |
| Net cash | used in operating activities |
59,895 | 8,145 |