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|Report ofthe Trustees||I|to|11|
|Report ofthe Independent
Auditors||12|to|15|
|Statement ofFinancial|Activities||16||
|Balance Sheet|||17||
|Cash Flow Statement|||18||
|Notes to the Cash Flow Statement|||19||
|Notes to the Financial|Statements|20|to|31|
|Detailed Statement of|Financial Activities|32|to|34|
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||||||30.6.22|30.6.21|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||2|277,689|94,466|372,155|481,500|
|Charitable
activities|||||||
|Income from the operation ofconcert|||||||
|orchestra productions|||560,499||560,499|78,648|
|Investment
income|||81||81|I|
|Other income|||100,440||100,440|29,193|
|Total|||938,709|94,466|1,033,175|589,342|
|EXPENDITURE ON|||||||
|Raising funds||5|3,360||3,360||
|Charitable
activities|||||||
|Expenditure
from the operation ofconcert|||||||
|orchestra productions|||851,218|94,466|945,684|569,887|
|Total|||854,578|94,466|949,044|569,887|
|NET INCOME|||84,131||84,131|19,455|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought
forward|||203,492||203,492|184,037|
|TOTAL FUNDS CARRIED FORWARD|||287,623||287,623|203,492|
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|||||30.6.22|30.6.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|13|4,288||4,288|1,272|
|CURRENT ASSETS||||||
|Stocks|14|200||200|200|
|Debtors|15|221,254||221,254|130,043|
|Cash at bank||250,038||250,038|248,014|
|||471,492||471,492|378,257|
|CREDITORS||||||
|Amounts
falling due within one year|16|(188,157)||(188,157)|(176,037)|
|NET CURRENT ASSETS||283,335||283,335|202,220|
|TOTAI ASSETSLESSCURRENT||||||
|IIABILITIES||287,623||287,623|203,492|
|NET ASSETS||287,623||287,623|203,492|
|FUNDS|17|||||
|Unrestricted
funds:||||||
|General
fund||||287,623|203,492|
|TOTALFUNDS||||287,623|203,492|
##
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|||||30.6.22|30.6.21|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from operating||activities||||
|Cash generated
from operations||||39,495|139,976|
|Interest paid||||(48)||
|Tax paid||||(33,568)||
|Net cash provided
by operating
activities||||5,879|139,976|
|Cash flows from investing||activities||||
|Purchase oftangible fixed|assets|||(3,936)|(1,214)|
|Interest received||||81|I|
|Net cash used in investing|activities|||(3,855)|(1,213)|
|Change in cash and cash|equivalents||in|||
|the reporting
period||||2,024|138,763|
|Cash and cash equivalents||at the||||
|beginning
ofthe reporting||period||248,014|109,251|
|Cash and cash equivalents||at the end|of|||
|the reporting
period||||250,038|248,014|
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|RECONCILIATIO
ACTIVITIES|N
OFNE|T INCOME TO NET CASH FLOW F|ROM OPERATING||
|---|---|---|---|---|
||||30.6.22|30.6.21|
|Net income for the|reporting|period (as per the Statement of|||
|Financial Activities)|||84,131|19,455|
|Adjustments
for:|||||
|Depreciation
charges|||920|209|
|Loss on disposal of|fixed assets|||1,715|
|Interest received|||(81)|(1)|
|Interest paid|||48||
|Increase in debtors|||(57,643)|(716)|
|Increase in creditors|||12,120|119,314|
|Net cash provided|by operations||39,495|139,976|
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||At 1.7.21|Cash flow|At 30.6.22|
|---|---|---|---|
|Net cash||||
|Cash at bank|248,014|2,024|250,038|
||248,014|2,024|250,038|
|Total|248,014|2,024|250,038|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||30.6.22|30.6.21|
|Donations|89,977|180,651|
|Grants receivable|282,178|300,849|
||372,155|481,500|
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||||||30.6.22|30.6.21|
|---|---|---|---|---|---|---|
|Deposit account||interest|||81|I|
|INCOME|FROM CHARITABLE ACTIVITIES||||||
||||||30.6.22|30.6.21|
|||||Activity|||
|Fees receivable||from||Income from the operation ofconcert|||
|concert productions||||orchestra productions|553,852|65,711|
|Fees receivable||from own||Income from the operation ofconcert|||
|promotions||||orchestra productions|6,647|12,937|
||||||560,499|78,648|
|RAISING|FUNDS||||||
|RAISING|DONATIONS||AND LEGACIES||||
||||||30.6.22|30.6.21|
|Fundraising|costs ofgrants||and donations||3,360||
|CHARITABLE ACTIVITIES COSTS|||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 7)|Totals|
|Expenditure|from the operation|||of|||
|concert orchestra||productions||692,346|253,338|945,684|
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|||||30.6.22|30.6.21|
|---|---|---|---|---|---|
|Wages||||161,376|147,927|
|Social security||||13,985|12,881|
|Pensions||||4,815|4,406|
|Premises costs||||6,221|20,511|
|Telephone &ITexpenses||||3,711|1,974|
|Printing,
postage|&stationery|||2,001|3,018|
|General marketing||||25,015|6,847|
|Sundry expenses||||15,892|295|
|Subscriptions||||3,397|4,204|
|Non-recoverable|VAT|||6,063||
|Depreciation ofoAice||furniture|&equipment|920|209|
|Loss on sale oftangible||fixed assets|||1,715|
|Bank charges||||1,058|1,325|
|Interest payable||||48||
|Auditors'
remuneration||||5,000|5,000|
|Auditors'
remuneration||for non|audit work|660||
|Bookkeeping||||2,426|5,207|
|Legal fees||||750||
|||||253,338|215,519|
##
||||30.6.22|30.6.21|
|---|---|---|---|---|
|Auditors'|remuneration||5,000|5,000|
|Auditors'|remuneration|for non audit work|660||
|Depreciation
- owned||assets|920|210|
|Deficit on|disposal of|fixed assets||1,715|
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|||30.6.22|30.6.21|
|---|---|---|---|
|Wages|and salaries|161,376|147,927|
|Social|security costs|13,985|12,881|
|Other|pension costs|4,815|4,406|
|||180,176|165,214|
||||30.6.22|30.6.21|
|---|---|---|---|---|
|Direct|charitable|work|3|3|
|||30.6.22|30.6.21|
|---|---|---|---|
|f60,001|- f70,000|I|I|
##
|11.|COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||fulld|fund|funds|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies||332,876|148,624|481,500|
||Charitable
activities|||||
||income from the operation ofconcert|||||
||orchestra productions||78,648||78,648|
||Investment
income||I||I|
||Other income||29,193||29,193|
||Total||440,718|148,624|589,342|
||EXPENDITURE ON|||||
||Charitable
activities|||||
||Expenditure
from the operation ofconcert|||||
||orchestra productions||421,263|148,624|569,887|
||NET INCOME||19,455||19,455|
||RECONCILIATION|OF FUNDS||||
||Total funds brought
forward||184,037||184,037|
||TOTAL FUNDS CARRIED FORWARD||203,492||203,492|
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|TANGIBLE FIXEDASSETS||
|---|---|
||OAice|
||furniture|
||&equipment|
|COST||
|At I July 2021|1,586|
|Additions|3,936|
|At 30June 2022|5,522|
|DEPRECIATION||
|At I July 2021|314|
|Charge for year|920|
|At 30June 2022|1,234|
|NET BOOK VALUE||
|At 30June 2022|4,288|
|At 30June 2021|1,272|
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|14.|STOCKS||||
|---|---|---|---|---|
||||30.6.22|30.6.21|
||Stocks||200|200|
|15.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||||30.6.22|30.6.21|
||Trade debtors||57,398|15,117|
||Other debtors||40,162|25,710|
||Orchestra tax|credits|117,924|84,356|
||VAT|||4,416|
||Prepayments|and accrued income|5,770|444|
||||22],254|130,043|
|16.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||30.6.22|30.6.21|
||Trade creditors||114,964|97,759|
||Social security and other taxes|||4,005|
||VAT||4,944||
||Other creditors||6,642|2,708|
||Accrued expenses||13,891|14,812|
||Deferred income||47,716|56,753|
||||188,157|176,037|
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|MOVEMEN|T IN FUNDS||||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.7.21|in funds|30.6.22|
|Unrestricted|funds||||||
|General fund||||203,492|84,131|287,623|
|TOTAL FUNDS||||203,492|84,131|287,623|
|Net movement|in funds, included||in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General fund||||938,709|(854,578)|84,131|
|Restricted funds|||||||
|Restricted
fund||||94,466|(94,466)||
|TOTAL FUNDS||||1,033,175|(949,044)|84,131|
|Comparatives|for movement|in|funds||||
||||||Net||
||||||movement|At|
|||||At 1.7.20|in funds|30.6.21|
|Unrestricted|funds||||||
|General fund||||184,037|19,455|203,492|
|TOTAL FUNDS||||184,037|19,455|203,492|
##
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||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General
fund|440,718|(421,263)|19,455|
|Restricted funds||||
|Restricted
fund|148,624|(]48,624)||
|TOTAL FUNDS|589,342|(569,887)|19,455|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.7.20|in funds|30.6.22|
|Unrestricted|funds||||
|General fund||184,037|103,586|287,623|
|TOTAL FUNDS||184,037|103,586|287,623|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|1,379,427|(1,275,841)|103,586|
|Restricted funds||||
|Restricted fund|243,090|(243,090)||
|TOTAL FUNDS|1,622,517|(1,518,931)|103,586|
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