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|STATEMENT OF FINANCIAL|STATEMENT OF FINANCIAL|STATEMENT OF FINANCIAL|ACTIVITIES FOR|ACTIVITIES FOR|ACTIVITIES FOR|THE YEAR ENDED 31 MARCH 2021|THE YEAR ENDED 31 MARCH 2021|THE YEAR ENDED 31 MARCH 2021||
|---|---|---|---|---|---|---|---|---|---|
|Restricted
funds,
unrestricted||||funds|Notes|2021|2021|2021|2020|
|and total funds||||||Unrestricted|Restricted|Total|Total|
|||||||funds|income
funds|fundsf|funds|
|Income and Endowments|from:|||||||||
|Donations
and legacies||||||||||
|Regular subscriber
donations||||||5,884||5,884|6,625|
|Other legacies and donations||||||10,603|1,200|11,803|40,869|
|Fundraising
activities|||||||||7,754|
|Income tax refund
on Gift|Aid|||||1,340|5,124|6,464|13,096|
|donations||||||||||
|||||||17,827|6,324|24,151|68,344|
|Charitable
activities||||||||||
|Income from Reunion|||||||||2,540|
|Music loan donations||||||620||620|1,292|
|||||||620||620|3,832|
|Investments||||||||||
|Bank interest received||||||54|394|448|579|
|Other interest received||||||2|8|10|25|
|Dividends
on investments||||||2,400||2,400|3,011|
|||||||2,456|402|2,858|3,615|
|Total income and endowments||||||20,903|6,726|27,629|75,791|
|Expenditure
on:||||||||||
|Charitable
activities||||||||||
|Grants
in furtherance
ofthe||charity's|||||||(598)|
|objects||||||||||
|Costs of activities
in furtherance|||ofthe||4|(7,706)|(975)|(8,281)|(11,751)|
|charity's objects||||||||||
|Fundraising
activities|||||||||(2,315)|
|Support costs|||||5|(1,446)||(1,446)|(1,404)|
|Resources
expended
on managing||||and|6||||(223)|
|administering
the charity||||||||||
|Total expenditure||||||(9,152)|(575)|(9,727)|(16,291)|
|Net income
/ (expenditure)||before||||11,751|6,151|17,902|59,500|
|investment
gains
/ (losses)||||||||||
|Net gains (losses) on investments|||||12|19,706||19,706|(15,236)|
|Net
income/(expenditure)||and||net||31,457|6,151|37,608|44,264|
|movement
in funds||||||||||
|Reconciliation
offunds:||||||||||
|Total funds brought
forward||(restated)||||173,269|132,094|305,363|261,099|
|Total funds carried forward||||||204,726|138,245|342,971|305,363|
##
|Income &expenditure|account for Music Camp Ltd|account for Music Camp Ltd|account for Music Camp Ltd|account for Music Camp Ltd|account for Music Camp Ltd|2021|2020|
|---|---|---|---|---|---|---|---|
|Year ending 31 March||||||||
|Income||||||24,771|72,176|
|Gains/(losses)
on investments||||||19,706|(15,236)|
|Interest and investment|income|||||2,858|3,615|
|Gross income in the reporting|||period|||47,335|60,555|
|Expenditure||||||(5,645)|(12,180)|
|Depreciation||||||(4,082)|(4,111)|
|Total expenditure
in the||reporting||period||(9,727)|(16,291)|
|Net income/(expenditure)||for|the|financial|year before tax for|37,608|44,264|
|the period||||||||
|Tax payable||||||||
|Net income/(expenditure)||for the financial|||year|37,608|44,264|
##
|BALANCE SHEET AT 31 MARCH 2021||||
|---|---|---|---|
||Notes|2021|2020|
|||Total funds|Total funds|
|Fixed Assets||||
|Tangible Assets|1'/|27,105|31,023|
|Financial
investments|12|110,485|88,397|
|Violin held as an investment|'/3|21,300|21,300|
|Total fixed assets||158,890|140,720|
|Current Assets||||
|Debtors 8 other current assets|14|985|210|
|Cash at bank and
in hand|18|183,321|164,433|
|Total current assets||184,306|164,643|
|Liabilities||||
|Creditors: amounts
falling due within one year|15|(225)||
|Net current assets/(liabilities)||184,081|164,643|
|Total net assets or liabilities||342,971|305,363|
|The funds ofthe charity:||||
|Unrestricted
reserves|16|184,041|172,290|
|Restricted
income funds|16|138,245|132,094|
|Revaluation
reserves|16|20,685|979|
|Total charity funds||342,971|305,363|
##
|||||||Notes|2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||||||funds|funds|
|Cash provided|by (used in) operating||activities||||18,576|58,628|
|Cash flows from investing
activities|||||||||
|Interest income|||||||458|604|
|Other investment|income||||||18||
|Purchase oftangible
fixed assets|||||||(164)|(3,851)|
|Purchase of investment
asset|||||||||
|Cash provided|by (used in) investing||activities||||18,888|55,381|
|Cash flows from financing
activities|||||||||
|Increase (decrease)
in cash and||cash|equivalents||in the||18,888|55,381|
|year|||||||||
|Cash and cash|equivalents
at the|beginning||ofthe year|||164,433|109,052|
|Total cash and|cash equivalents|at the end ofthe|||year||183,321|164,433|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|Contribution|to cost of music at Camps|||||3,700|
|Kitchen small equipment||(including|repairs)|||1,235|
|Costs of Reunion||||||1,801|
|Contribution|to cost of repair ofJubiloo roof||||768||
|Expenditure|on new Barn|Roof works|||575||
|Exceptional|'Covid' grant|towards|insurance|costs|2,856||
|Depreciation|offixed assets||||4,082|4,111|
|Total|||||8,281|10,847|
##
|||||2021|2020|
|---|---|---|---|---|---|
|Subscriptions|(Making|Music/NFMS)||384|384|
|Insurance||||793|793|
|Photocopying|costs|||||
|Library stationery|||||135|
|Computing
costs (accounting|||software)|269|92|
|Roof survey|cost|||||
|Total||||1,446|1,404|
##
##
|Inco|me from Investments,
other interest re|ceivable
and similar income||
|---|---|---|---|
|||2021|2020|
||||f.|
|Bank interest||448|579|
|Other interest||10|25|
|Investment|income - distributed|18||
|Investment|income - reinvested|2,382|3,011|
|Total||2,858|3,615|
##
##
##
|ut-of-pocket
expenses
incurred
by three director
eimbursed
as follows:|s acting as agents for the charity|were|
|---|---|---|
||2021|2020|
||R||
|Equipment||72|
|Reunion expenses|||
|Other company expenses||60|
|Total||132|
##
##
|1.
Tangible Fixed A|ssets|||||
|---|---|---|---|---|---|
||Buildings|Musical|Fixtures,|Music|Total|
|||Instruments|Fittings &|Library||
||||Equipment|||
|Cost||||||
|At 1 April 2020|12,070|53,677|28,322|39,788|133,857|
|Additions||||164|164|
|Dis osals||||||
|At 31 March 2021|12,070|53,677|28,322|39,952|134,021|
|Depreciation||||||
|At 1 April 2020|10,696|39,665|24,483|27,990|102,834|
|Provision
for the year|459|2,137|684|802|4,082|
|Dis osals||||||
|At 31 March 2021|11,155|41,802|25,167|28,792|106,916|
|Net BookValue||||||
|At 1 April 2020|1,374|14,012|3,839|11,798|31,023|
|At 31 March 2021|915|11,875|3,155|11,160|27,105|
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Market value at 31 March 2020||||||88,397|100,622|
|Income reinvested|in year|||||2,382|3,011|
|Revaluation
gain (loss)||||||19,706|15,236|
|Market value at 31 March 2021||||||110,485|88,397|
|The investment
at cost comprises:||||||||
|24,313.931 units:|CAF UK Equity Growth||Fund|||29,000|29,000|
|23,392.147units:|CAF Fixed Interest|Fund||||29,000|29,000|
|BMO Responsible|UK Income Fund|(Accumulation|||units)|3,000|3,000|
|BMO Responsible|Global Equity Fund (Accumulation||||units)|2,000|2,000|
|BMO Responsible|UK Income Fund|(Distribution||units)||1,500|1,500|
|BMO Responsible|Global Equity Fund (Distribution||||units)|1,000|1,000|
|10,661.439units:|CAF UK Equitrack|Fund||||7,500|7,500|
|||||||73,000|73,000|
|13.
Violin held|as investment|||||||
|||||||2021|2020|
||||||||f.|
|CF Langonet
violin (at market value)||||||21,300|21,300|
##
|14.
Debtors||||
|---|---|---|---|
|||2021|2020|
|Debtors||||
|Accrued income||77|210|
|Prepayments||908||
|Total||985|210|
|15.
Creditors: Amounts|Falling Due Within One Year|||
##
|16.
Reserves|||||||
|---|---|---|---|---|---|---|
||Fund|||||Fund|
||balances at|||||balance at|
|2021|brought||||Gains 8|carried|
||forward|Income|Expenditure|Transfers|Losses|forward|
|Funds|E||E||||
|Restricted|||||||
|income fund-|||||||
|Bursaries|516|||||516|
|Restricted|||||||
|income fund—|||||||
|Roof Appeal|131,578|6,726|(575)|||137,729|
|Revaluation|||||||
|reserve|||||||
|(unrestricted)|979||||19,706|20,685|
|Unrestricted|||||||
|funds|172,290|20,903|(9,152)|||184,041|
|Total funds|305,363|27,629|(9,727)||19,706|342,971|
||Fund|||||Fund|
||balances|||||balances|
|2020|brought||||Gains 8|carried|
||forward|Income|Expenditure|Transfers|Losses|forward|
|Funds|||||f||
|Restricted|||||||
|income fund-|||||||
|Bursaries|896|218|(598)|||516|
|Restricted|||||||
|income fund—|||||||
|Roof Appeal|76,162|58,635|(3,219)|||131,578|
|Revaluation|||||||
|reserve|||||||
|(unrestricted)|16,215||||(15,236)|979|
|Unrestricted|||||||
|funds|167,826|16,938|(12,474)|||172,290|
|Total funds|261,099|75,791|(16,291)||(15,236)|305,363|
##
|activities||||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Net movement
in income/(expenditure)||||for|the period|37,608|44,264|
|as per the statement||offinancial|activities|||||
|Add back depreciation||charge||||4,082|4,111|
|Deduct income shown||in investing|activities|||(2,858)|(3,615)|
|Decrease (increase)|in|market value of||investments||(19,706)|15,236|
|Decrease (increase)|in|debtors||||(775)|(136)|
|increase (decrease)|in|creditors||||225|1,232|
|Net cash provided|by (used in)||operating||activities|18,576|58,628|
|18.
Analysis of|cash and cash equivalents|||||||
|Analysis ofcash and||cash equivalents||||2021|2020|
|Cash
in hand||||||29,056|10,748|
|Notice deposits
(up|to|3 months'|notice)|||154,265|153,685|
|Total||||||183,321|164,433|
##
|19.
Reconciliation
of net debt||||
|---|---|---|---|
|Analysis of net debt|At start|Cash|At end|
||ofyear|flows|ofyearf|
|Cash|10,748|18,308|29,056|
|Cash equivalents|153,685|580|154,265|
|Total|164,433|18,888|183,321|
##
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##
|BALANCE SHEET AT 31MARCH 2021||||
|---|---|---|---|
||Notes|2021|2020|
|||Total funds|Total funds|
|||R||
|F/xed Assets||||
|Tangible Assets|11|27,105|31,023|
|Financiai investments|52|110,485|88,397|
|Violin held as an investment|13|21,300|21,300|
|Total axed assets||'l58,890|140,720|
|Current Assets||||
|Debtors 8 other current assets|14|985|250|
|Cash at bank and
in hand|18|183,321|164,433|
|Total current assets||184,306|164,643|
|Liabilities||||
|Creditors: amounts
falling due within one year||(225)||
|Net current assetsl(liabilities)||184,081|164,643|
|Total net assets or liabilities||342,971|305,363|
|The funds ofthe charity:||||
|Unrestricted
reserves|16|184,041|172,290|
|Restricted income funds|16|138,245|132,094|
|Revaluation
reserves|16|20,685|979|
|Total charity funds||342,971|305,363|
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