| Statement of financial |
activities for | the year ended | |||||
|---|---|---|---|---|---|---|---|
| 31stDecember 2021 | |||||||
| Unrestriced | Restricted Fund | Restricted Fund |
|||||
| Notes | Funds | (No. 1) | (No. 2) | Total | Total | ||
| 2020 | |||||||
| 2021 | (restated) | ||||||
| Income | |||||||
| Investment income |
5,739 | 1,368 | 8,709 | 15+15 | 33,611 | ||
| Bank interest receivable | 6 | 6 | 88 | ||||
| Income from Donations | and Legacies | 25,000 | 25,000 | 1,029 | |||
| Total Income (net offees payable) | 5,744 | 1,368 | 33,709 | 40Al21 | 34,728 | ||
| Expenditure | |||||||
| Fees payable | -8,006 | -1,909 | -12,149 | -22,064 | -19,728 | ||
| Expenditure on Charitable Activities |
|||||||
| Scholarships/Bursaries | -12,690 | -102796 | -11S486 | -90000 | |||
| Other support for Temple Choir |
-40,000 | -40,000 | |||||
| Total Expenditure | -48,006 | -14,599 | -114,945 | -177,550 | -109,728 | ||
| Net income before other recognised | gains / (losses) | -42,261 | -13,230 | -81,237 | -136,728 | -75,000 | |
| Recognised gains / (losses) on investments |
71,828 | 17,124 | 109,001 | 197,953 | 76,301 | ||
| Net Movement in Funds |
29,567 | 3,893 | 27,765 | 61,225 | 1,302 | ||
| Fund balances brought | forward at 1January (restated) | 750,093 | 181,195 | 1,147,232 | 2,078,521 | 2,077,219 | |
| Fund balances earned forward at 31 | December | 779,660 | 185,089 | 1,174,997 | 2,139,745 | 2,078,521 |
| TEMPLE MUSIC TRUST | TEMPLE MUSIC TRUST | |||||
|---|---|---|---|---|---|---|
| Balance Sheet as at | 31December | 2021 | 2021 | 2020 | ||
| (restated) | ||||||
| Notes | ||||||
| Fixed Assets | ||||||
| Investments | ||||||
| IQ Portfolio Equity and Mutual | Funds | 2,078,069 | 1,857,823 | |||
| IQ Portfolio Cash Fund | 60,968 | 150,741 | ||||
| 2,139,038 | 2,008,564 | |||||
| Current Assets | ||||||
| Cash at bank and in | hand | |||||
| Natwest Picaccounts |
8 | 90,988 | ||||
| Investment Quorum |
accounts | 701 | 68,970 | |||
| TotalCurrent Assets |
708 | 159,958 | ||||
| Creditors | ||||||
| Amounts falling due |
within one year | |||||
| Temple Church Accrual | ||||||
| -90,000 | ||||||
| Net current assets | 708 | 69,958 | ||||
| Total assets less current liabilities | 2,139,745 | 2,078,521 | ||||
| Funds ofthe charity | ||||||
| ltestrlcted Funds |
||||||
| Fund No. 1 | 185,089 | 181,195 | ||||
| Fund No. 2 | 1,174,997 | 1,147,232 | ||||
| 1,360,085 | 1,328,427 | |||||
| Unrestricted Funds |
779,660 | 750,093 | ||||
| TotalFunds | 2,139,745 | 2,078,521 | ||||
| Signed on behalf of all the trustees | on | October 2022 by |
| Note 3Movement in Funds |
Note 3Movement in Funds |
2021 | 2020 |
|---|---|---|---|
| (Restated) | |||
| Fund 1 | |||
| Brought Forward | 181,195 | 173,656 | |
| Investment | income and bank interest | 1,368 | 2,810 |
| Fees payable | -1,909 | -1,649 | |
| Recognised | gains (losses) on investments | 17,124 | 6,379 |
| Charitable | expenditure | -12,690 | |
| Balance at | 31December | 185,089 | 181,195 |
| Fund 2 | |||
| Brought Forward | 1,147,232 | 1,185,751 | |
| Donations | 25,000 | ||
| Investment | income and bank interest | 8,709 | 19,186 |
| Fees payable | -12,149 | -11,261 | |
| Recognised | gains (losses) on investments | 109,001 | 43,556 |
| Charitable | expenditure | -102,796 | -90,000 |
| Balance at | 31December | 1,174,997 | 1,147,232 |
| Movement | in General Reserves | ||
| Brought Forward | 750,093 | 717,812 | |
| Donations | and Collections | 1,029 | |
| Investment | income and bank interest | 5,744 | 11,703 |
| Fees payable | -8,006 | -6,817 | |
| Recognised | gains (losses) on investments | 71,828 | 26,367 |
| Charitable | expenditure | -40,000 | |
| Balance at | 31December | 779,660 | 750,093 |
| Total Funds | 2,139,745 | 2,078,521 |