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|||||Designated|Other||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Capital|Designated|Restricted|Total June|Total June|
||||Funds|Fund|Funds|Funds|2021|2020|
|||notes|f|f|E|f|f|f|
|Income from|||||||||
|Grants, donations|and legacies|3|441,161|67,880|165,000|336,000|1,010,041|722,839|
|Other trading<br>income||4|41,042||||41,042|26,167|
|Charitable<br>activities||5|156,376||||156,376|184,462|
|Investment<br>income|||390||||390||
|Total|||638,969|67,880|165,000|336,000|1,207,849|933,737|
|Expenditure<br>on:|||||||||
|Raising funds:|||||||||
|Cost of fundraising|||45,292||||45,292|70,819|
|Generating<br>rental income|||23,847||||23,847|17,271|
|Charitable<br>activities|||379,470|65,136|69,950|162,675|677,231|723,560|
|Total|||448,609|65,136|69,950|162,675|746,370|811,650|
|Net income|||||||||
|(expenditure)|||190,360|2,744|95,050|173,325|461,479|122,087|
|Transfer between|funds||(76,200)|109,860|60,340|(94,000)|||
|Net movement<br>in|funds||114,160|112,604|155,390|79,325|461,479|122,087|
|Total funds brought|||||||||
|forward|||81,341|1,494,869|155,000|36,000|1,767,210|1,645,123|
|Total funds carried|||||||||
|forward|||195,501|1,607,473|310,390|115,325|2,228,689|1,767,210|





||||||2021|2021|2020|2020|
|---|---|---|---|---|---|---|---|---|
||||||f|f|f|f|
|||||notes|||||
|Fixed assets|||||||||
|Tangible assets||||||1,607,473||1,494,869|
|Current assets|||||||||
|Debtors||||12|134,962||170,512||
|Cash in bank|and|in hand|||567,190||239,076||
||||||702,152||409,588||
|Creditors(duewithin1|||year)|13|(80,936)||(137,247)||
|Net current|assets|||||621,216||272,341|
|Total assets||||||2,228,689||1,767,210|
|Funds|||||||||
|Restricted<br>Funds||||14||115,325||36,000|
|Designated|fund:|Capital||15||1,607,473||1,494,869|
|Other Designated||Funds||15||310,390||155,000|
|General<br>fund||||16||195,501||81,341|
|||||||2,228,689||1,767,210|





|||||||Year|Year|
|---|---|---|---|---|---|---|---|
|||||||to June|to June|
|||||||2021|2020|
|||||||f|f|
|Cash flows from operating<br>activities||||||505,464|158,698|
|Cash flows from investing<br>activities||||||||
|Dividends<br>and interest||||||390|269|
|Purchase of property,<br>plant and equipment||||||(177,740)|(22,137)|
|Net cash provided<br>by investing|activities|||||(177,350)|(21,868)|
|Change<br>in cash and cash equivalents||in the reporting||period||328,114|136,830|
|Cash and cash equivalents<br>at the beginning|||ofthe reporting||period|239,076|102,246|
|Cash and cash equivalents<br>at the end||ofthe|reporting|period||567,190|239,076|
|NOTES TO THE CASH FLOW STATEMENT||||||||
|Reconciliation of net movement|in funds to net cash|||flow from operating||activities||
|Net movement<br>in funds||||||461,479|122,087|
|Depreciation<br>charges||||||65,136|62,198|
|(Increase)/decrease<br>in debtors||||||35,550|(78,775)|
|Increase/(decrease)<br>in creditors||||||(56,311)|53,457|
|Interest and dividends||||||(390)|(269)|
|Net cash provided<br>by operating|activities|||||505,464|158,698|
|Analysis ofcash and cash equivalents||||||||
|||||||567,190|239,076|
|Cash at bank and<br>in hand||||||567,190|239,076|





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## 

|Freehold<br>Land|Not depreciated|
|---|---|
|Buildings,<br>major remodelling|2%|
|Building other improvements|10%|
|Equipment<br>(not including<br>Pianos)|25%|
|Fixtures and Fittings|25%|



## 

## 

## 

## 

## 

## 



## 

## 

|Current Year||Designated|Other||||
|---|---|---|---|---|---|---|
||Unrestricted|Capital|Designated|Restricted|1otal|1otal|
||Funds|Fund|Funds|Funds|June 2021|June 2020|
||f||||f|f|
|Arts Council|168,221|||82,000|250,221|171,316|
|Donations|57,332||56,000|4,000|117,332|204,265|
|Trusts and foundations|21,000||109,000|243,000|373,000|203,250|
|Corporate donations|74,235||||74,235|22,000|
|Opera companies|118,000|||7,000|125,000|122,000|
|In-kind income|1,735|67,880|||69,615||
|Legacies|639||||639||
||441,161|67,880|165,000|336,000|1,010,041|722,839|
|Prior Year||Designated|Other||||
||Unrestricted|Capital|Designated|Restricted|1otal|1otal|
||Funds|Fund|Funds|Funds|June 2020|June 2019|
||f|f|||f|f|
|Arts Council|171,316||||171,316|168,221|
|Donations|130,565||15,000|58,700|204,265|47,708|
|Trusts and foundations|6,250||35,000|162,000|203,250|242,441|
|Corporate donations|22,000||||22,000|38,000|
|Opera companies|122,000||||122,000|116,000|
|In-kind income||||||13,740|
|Legacies||||||25|
||452,139||50,000|220,700|722,839|626,135|



## 

||||Designated|Other||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Capital|Designated|Restricted|Total|Total|
|||Funds|Fund|Funds|Funds|June 2021|June 2020|
|||f|f|f||f|f|
|Rental|income|16,042||||16,042|26,167|
|Long|term rental income|25,000||||25,000||
|||41,042||||41,042|26,167|





## 

## 

## 

|5|Charitable|Activities|||||||
|---|---|---|---|---|---|---|---|---|
|||||Designated|Other||||
||||Unrestricted|Capital|Designated|Restricted|Total|Total|
||||Funds|Fund|Funds|Funds|June 2021|June 2020|
||||F.|F.|f||F.|f|
|Audition|fees||9,850||||9,850|18,499|
|Other income|||38||||38|18,048|
|Box Office receipts|||260||||260|11,834|
|Short Course fees||||||||34,672|
|Coronavirus<br>Job Retention||Scheme Grants|69,105||||69,105|24,733|
|Theatre|Tax Credit||77,124||||77,124|76,676|
||||156,376||||156,376|184,462|



## 

|Current Year|||Direct|Support|Total|Total|
|---|---|---|---|---|---|---|
||||Costs|Costs|June 2021|June 2020|
|Raising funds:|||F.|F.|F.|F.|
|Cost of fundraising|||32,234|13,058|45,292|70,819|
|Generating|rental|income|18,624|5,223|23,847|17,271|
|Charitable|activities||434,342|242,889|677,231|723,560|
||||485,200|261,170|746,370|811,650|
|Prior Year|||Direct|Support|Total|Total|
||||Costs|Costs|June 2020|June 2019|
|Raising funds:|||F.|F.|F.|F.|
|Cost of fundraising|||57,434|13,385|70,819|78,519|
|Generating|rental|income|11,917|5,354|17,271|16,785|
|Charitable|activities||474,600|248,960|723,560|719,879|
||||543,951|267,699|811,650|815,183|





## 

## 

|||2021|2020|
|---|---|---|---|
|staff||98,237|95,387|
|Professional|fees|30,702||
|Premises||19,023|15,242|
|Office costs,|finance, and admin|26,999|42,049|
|Travel||419|7,275|
|Insura nce||9,154|9,107|
|Governance||11,500|36,441|
|Depreciation||65,136|62,198|
|||261,170|267,699|



## 

||||||2021|2020|
|---|---|---|---|---|---|---|
||||||f|f|
|2019Audit||Fees under-accrued||||2,460|
|20201ndependent<br>Examination|||fees||400|5,000|
|2021 Audit||Fees|||11,100||
|Accountancy||Fees for Corporation||Tax and VAT||5,610|
|Allocated|staff costs|||||23,371|
||||||11,500|36,441|





## 

||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||||||E|
|Gross salary|||||||278,880|287,631|
|Social security costs|||||||26,898|27,710|
|Pensions|costs||||||8,388|7,601|
|Government||Employment|||Grant||(4,000)|(4,000)|
||||||||310,166|318,942|
||||||||2021|2020|
|Average|number of|||employees||is|||
|as follows|||||||||
|Charitable||Activities|||||6.71|6.93|
|Core|||||||2.63|3.21|
||||||||9.34|10.14|
||||||||2021|2020|
||||||||f|E|
|Salary, National|||Insurance,||and|pensions|158,535|179,211|
|of Key Management||||Personnel|||||





## 

## 

|0<br>Ne|t Income is sta|ted after chargi|ng||
|---|---|---|---|---|
||||2021|2020|
||||E||
|Independent|Examination/Audit|fees|11,500|7,460|
|Depreciation|||65,136|62,198|
|Operating|lease rentals||8,520|12,647|



## 

||||Furniture||||
|---|---|---|---|---|---|---|
|||Freehold|Fixtures||Musical||
|||Property|and fittings|Equipment|Instruments|Total|
|||E|||||
|Cost|||||||
|As at 1st July 2020||1,839,095|120,729|128,129||2,087,953|
|Additions||9,660|5,925|94,275|67,880|177,740|
|Transfers||||(7,720)|7,720||
|As at 30th|June 2021|1,848,755|126,654|214,684|75,600|2,265,693|
|~Dr c~ii|n||||||
|As at 1st July 2020||437,428|77,570|78,086||593,084|
|Charge for|year|25,405|22,996|18,086|(1,351)|65,136|
|Transfers||||(1,351)|1,351||
|As at 30th|June 2021|462,833|100,566|94,821||658,220|
|Net book value 30th June 2021||1,385,922|26,088|119,863|75,600|1,607,473|
|Net book value 30th June 2020||1,401,667|43,159|50,043||1,494,869|



## 



## 

|||2021|2020|
|---|---|---|---|
|||f|f|
|Trade debtors||5,461|8,465|
|Prepayments|and accrued income|129,501|162,047|
|||134,962|170,512|



|13<br>Creditors|13<br>Creditors|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||f|f|
|Trade creditors||||||15,802|13,980|
|Accruals|and deferred||income|||56,219|114,270|
|Taxes, social security,|||and|pensions||8,915|8,997|
|||||||80,936|137,247|
|||||||2021|2020|
|||||||f|f|
|Deferred|income|brought||forward||109,270|31,241|
|Deferred|income|utilised||during|period|109,270|31,241|
|Income|deferred|in period||and|carried forward|32,707|109,270|





## 

|Current Year|||||||Balance|Income|Expenditure|Transfers|Balance|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||1stJuly||||30th June|
||||||||2020||||2021|
|Nicholas John|Trust (2)||||||10,000||10,000|||
|Nicholas John|Trust (3)|||||||50,000|50,000|||
|Steinway<br>Restoration||Fund||||||4,000|4,000|||
|Help Musicians||||||||21,000|21,000|||
|CHK Foundation||||||||15,000|15,000|||
|Amar-Franses|and Foster-Jenkins||||Trust|||15,000|15,000|||
|Lionel Anthony|Charitable||Trust|||||15,000|15,000|||
|The Carne Trust||||||||11,000|11,000|||
|Kirby Laing Foundation||||||||10,000|10,000|||
|Colwinston<br>Charitable||Trust||||||5,000|5,000|||
|Diverse Voices|Restricted||Fund||||26,000|95,000|6,675|1,000|115,325|
|Rausing<br>Trust||||||||45,000||(45,000)||
|Linbury Trust||||||||50,000||(50,000)||
||||||||36,000|336,000|162,675|(94,000)|115,325|
|Prior Year|||||||Balance|Income|Expenditure|Transfers|Balance|
||||||||1stJuly||||30th June|
||||||||2019||||2020|
|Nicholas John|Trust (1)||||||1,120||1,120|||
|Nicholas John|Trust (2)|||||||45,000|35,000||10,000|
|British Council|||||||13,550||13,550|||
|Help Musicians||||||||40,000|40,000|||
|Boltini Trust||||||||10,000|10,000|||
|Jonathan<br>Kane||||||||13,700||(13,700)||
|Amar-Franses|and Foster-Jenkins||||Trust|||14,000|14,000|||
|Diverse Voices|Restricted||Fund|||||26,000|20,191|20,191|26,000|
|Young Artist Training||and|Support||Restricted|Fund||35,000|35,000|||
|Old Possum's<br>Practical||Trust||||||5,000|5,000|||
|Young Artist Training||Restricted||Fund||||32,000|32,000|||
||||||||14,670|220,700|205,861|6,491|36,000|





## 

## 

|Current Year|Current Year|||Balance|Income|Expenditure|Transfers|Balance|
|---|---|---|---|---|---|---|---|---|
|||||1st July||||30th June|
|||||2020||||2021|
|||||E||||E|
|Fixed Assets Fund||||1,494,869|67,880|65,136|109,860|1,607,473|
|Support|Fund: Young Artists|||60,000|165,000|62,350||162,650|
|ReSound||||25,000||7,600||17,400|
|Capital Expenditure||Fund||70,000|||30,340|100,340|
|Systems|and Infrastructure||Fund||||30,000|30,000|
|||||1,649,869|232,880|135,086|170,200|1,917,863|
|Prior Year||||Balance|Income|Expenditure|Transfers|Balance|
|||||1st July||||30th June|
|||||2019||||2020|
|||||E|||E|E|
|Fixed Assets Fund||||1,534,930||62,198|22,137|1,494,869|
|Support|Fund: Young Artists|||50,000|40,000|40,000|10,000|60,000|
|ReSound|(Singers in Transition)|||15,000|10,000|||25,000|
|Capital Expenditure||Fund|||||70,000|70,000|
|||||1,599,930|50,000|102,198|102,137|1,649,869|



## 

## 

|6<br>General<br>Fund||||||
|---|---|---|---|---|---|
|Current Year|Balance|Income|Expenditure|Transfers|Balance|
||1st July||||30th June|
||2020||||2021|
||f||||E|
|General|81,341|638,970|448,608|(76,200)|195,503|
||81,341|638,970|448,608|(76,200)|195,503|
|Prior Year|Balance|Income|Expenditure|Transfers|Balance|
||1st July||||30th June|
||2019||||2020|
||f|f|E|E|E|
|General|30,523|663,037|503,591|(108,628)|81,341|
||30,523|663,037|503,591|(108,628)|81,341|





## 

|Current Year||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||f||f|
|Fixed assets||1,607,473||1,607,473|
|Debtors||132,862|2,100|134,962|
|Cash in bank and|in hand|453,965|113,225|567,190|
|Creditors||(80,936)||(80,936)|
|||2,113,364|115,325|2,228,689|
|Prior Year||Unrestricted|Restricted|Total|
|||f||f|
|Fixed assets||1,494,869||1,494,869|
|Debtors||170,512||170,512|
|Cash in bank and|in hand|121,076|118,000|239,076|
|Creditors||(137,247)||(137,247)|
|||1,649,210|118,000|1,767,210|



## 

|18|Operating<br>L|ease Commit|ments||
|---|---|---|---|---|
||||2021|2020|
||||f|f|
|Annual|cost ot operating|leases due|||
|within|1 year||10,286|10,286|
|Cost for 2-5 years|||27,394|37,680|



## 

## 



##