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|Legal and administrative||information||||
|Trustees'
report|||||2-5|
|Independent
auditor's|report||||6-8|
|Statement offinancial|activities||(including|Income and expenditure||
|account)||||||
|Balance sheet|||||10|
|Statement ofcash flows||||||
|Notes to the financial|statements||||12-18|
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|Trustees|and|||John Peter Abercromby|Readman|
|---|---|---|---|---|---|
|Executive|committee|||Michael Graham
Hoare||
|||||James Judd||
|Secretary||||Michael Graham
Hoare||
|Company|Registration||No.|01887884||
|Charity Registration||No.||283484||
|Principal office||||North House||
|||||27 Great Peter Street||
|||||London SW1P 3LN||
|Registered|office|||40 Queen Anne Street||
|||||London W1G 9EL||
|Auditors||||Lewis Golden LLP||
|||||Chartered
Accountants|and Statutory Auditors|
|||||40 Queen Anne Street||
|||||London W1G 9EL||
|Bankers||||C Hoare &Co||
|||||37Fleet Street||
|||||London EC4P 4DQ||
|Solicitors||||Linklaters
LLP||
|||||No 1 Silk Street||
|||||London EC2Y 8HQ||
|Website||||www. coeurope. org||
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|||Notes|Unrestricted|Unrestricted|
|---|---|---|---|---|
||||Funds|Funds|
||||2020|2019|
|||||6|
|income and endowments|from:||||
|Donations
and legacies|||767,370|521,873|
|Charitable
activities|||451,750|2,212,202|
|Other|||461,940|377,607|
|Total income and endowments|||1,681,060|3,111,682|
|Expenditure
on:|||||
|Chadlable
activities|||(1,368,180)|(3,165,239)|
|Total expenditure|||(1,368,180)|(3,165,239)|
|Net income/(expenditure)|||312,880|(53,557)|
|Net movement
in funds||16|312,880|(53,557)|
|Total funds brought forward|||1,701,155|1,754,712|
|Total funds carried forward||16|2,014,035|1,701,155|
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||||Notes||2020||2019|
|---|---|---|---|---|---|---|---|
|||||9|9|8|9|
|Tangible tbrsd assets|||10||7,533||10,053|
|Current SSMts||||||||
|Debate||||28,520||89,939||
|Cosh st bank|and In|hand||2,004,134||1,717,873||
|||||2,032,654||1,607,812||
|Credltorel amounts||fahlng duo wlthln one||||||
|yoni|||12|(26,152)||(116,710)||
|Nel cunent|assete||||2,006,502||1,691,102|
|Total assets|tees currlnll Ilsbglgss||||2,014,035||1,701,155|
|Represented|by:-|||||||
|Unrostricted|Income|funds|||2,014,035||1,701,155|
|Total charity|funds||1$||2,014,035||1,701,155|
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|||||Notes|2020
6|2019f|
|---|---|---|---|---|---|---|
|Net cash|Inflow from operating|activities||18|286,261|58,443|
|Increase|in cash snd cash equivalents
during||the year||286,261|58,443|
|Cash and|cash equivalents
at the|beginning|ofthe year||1,717,873|1,659,430|
|Total cash and cash equivalents||at the end ofthe year|||2,004,134|1,717,873|
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|Expenditure
on|charitable|charitable|charitable|activities|activities||||
|---|---|---|---|---|---|---|---|---|
|||||||Notes|2020|2019|
|||||||||6|
|Direct:|||||||||
|Players' fees and expenses|||||||568,916|1,099,060|
|Tour management||fees|||||113,565|123,998|
|Travel expenses|||||||248,119|855,881|
|Artists' fees|||||||109,670|298,021|
|Performance|related||costs||||114,402|158,979|
|Withholding|tax||||||10,500|109,110|
|Indirect:|||||||||
|Wages and|salaries||||||179,098|175,291|
|Employer's|national||Insurance||||16,759|17,106|
|Pension contributions|||||||11,028|9,832|
|Telephone,|postage,||printing||and sundry office supplies||44,544|82,677|
|FEU deductions||||||||(11,136)|
|Foreign exchange||(gains)//osses|||||(117,880)|177,404|
|Governance|costs||||||69,459|69,016|
||||||||1,368,180|3,165,239|
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|||||2020|2019|
|---|---|---|---|---|---|
|||||6||
|Auditor's|remuneration||6|24,850|17,400|
|Accountancy||fees||27,204|27,264|
|Bank charges||||17,405|24,352|
|||||69,459|69,016|
|Auditor's|remuneration|||||
|||||2020|2019|
|||||6|6|
|Audit fees||||20,363|14,262|
|Accountancy||and other services||4,487|3,138|
|||||24,850|17,400|
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|The charitable
company
is a re|The charitable
company
is a re|gistered|charity and is not liable|to corporation
tax in the Uni|ted
Kingdom.|
|---|---|---|---|---|---|
|Staff cosQ||||||
|||||2020|2019|
|||||8|8|
|Wages|and salaries|||179,908|175,291|
|Social security costs||||16,759|17,106|
|Pension|contributions|||11,028|9,832|
|||||207,695|202,229|
|Average|number ofemployees|dudng|the yean|||
|||||2020|2019|
|||||Number|Number|
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|10|Tangible fixed assets|Tangible fixed assets||||
|---|---|---|---|---|---|
||||Musical|Computer|Total|
||||Instruments|equipment||
||||E|E||
||Cost|||||
||At 1 January|2020|44,178|3,236|47,414|
||Additions|||||
||At 31 December 2020||44,178|3,236|47,414|
||Depreciation|||||
||At 1 January|2020|34,261|3,100|37,361|
||Charge for the year||2,486|34|2,520|
||At 31 December 2020||36,747|3,134|39,881|
||Net book value|||||
||At 31 December 2020||7,431|102|7,533|
|11|Debtors|||||
|||||2020|2019|
|||||E|E|
||Trade debtors|||9,028|13,582|
||Other debtors|||8,627|8,101|
||Prepayments|and accrued income||10,865|68,256|
|||||28,520|89,939|
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|Creditors: amounts
f|alling due within one year|||
|---|---|---|---|
|||2020|2019|
|||E|E|
|Trade creditors||(7,957)|55,980|
|Taxation and social security||8,558|6,563|
|Accruals and deferred|income|25,551|54,167|
|||26,152|116,710|
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|There were no relat
Total charity funds|ed party tra|ns|actions
or balanc|es
during the current or pr|ior year.||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||8|8|
|At 1 January 2020|||||1,701,155|1,754,712|
|Net income/(expenditure)|||||312,880|(53,557)|
|At 31 December 2020|||||2,014,035|1,701,155|
|Analysis of net assets|||||||
||||||2020|2019|
||||||8|6|
|Fund balances as at 31 December are represented||||by'.|||
|Fixed assets|||||7,533|10,053|
|Debtors|||||28,520|89,939|
|Cash at bank|||||2,004,134|1,717,873|
|Creditors: amounts|falling due|within one year|||(26,152)|(116,710)|
|At 31 December|||||2,014,035|1,701,155|
|All funds are unrestricted.|||||||
|Reconciliation
ofnet movement|||in funds to net|cash flow from operating|activities||
||||||2020|2019|
||||||8|8|
|Net movement
in funds|||||312,880|(53,557)|
|Add: depreciation
charge|||||2,520|3,352|
|Decrease
in debtors|||||61,419|41,943|
|(Decrease)/increase|in creditors||||(90,558)|66,705|
|Net cash flows from|operating|activities|||286,261|58,443|
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