## **The Woking Young Musicians Trust** 

Annual Report for year ending 31/08/2021. 

The Trust’s activities in the previous year (2020) had been curtailed by the Covid Pandemic so that in the year of this report auditions were held for the current year and the previous year. 

Auditions were held online in March 2021 with applicants submitting videos of their performances for the Trustees to view using ‘Zoom’. 

Four grants were made to successful applicants from 2020 and one from the 2021 applicants. All awards were presented by the Mayor of Woking at a ceremony in September. 

Although fundraising activities were curtailed during the year a substantial bequest was received which approximately doubled the reserves of the Trust. 

Prepared by J Sayers, Trustee and Secretary of the Trust. 



15/09/2021 

Page 1 

## WYMT - Profit & Loss Comparison 2020/21 

01/09/2019 Through 31/08/2021 (in U.K. Pounds Sterling) (Accrual Basis) 

||01/09/2019 Through 31/08/2021 (in U.K. Pounds<br>Sterling) (Accrual Basis)<br>Page 1|
|---|---|
||01/09/2020-<br>01/09/2019-<br>Category Description<br>31/08/2021<br>31/08/2020<br>INCOME<br>S03<br>Fundraising<br>50,000.00<br>1,183.57<br>TOTAL S03<br>50,000.00<br>1,183.57<br>S04<br>Capital Gain<br>419.76<br>414.56<br>Gross Interest<br>292.37<br>308.81<br>TOTAL S04<br>712.13<br>723.37<br>TOTAL INCOME<br>50,712.13<br>1,906.94<br>EXPENSES<br>Uncategorised<br>0.00<br>0.00<br>S10 Activity Related ...<br>Awards<br>6,199.00<br>0.00<br>TOTAL S10 Activity ...<br>6,199.00<br>0.00<br>S11 General Admin<br>0.00<br>63.14<br>Expenses<br>14.34<br>16.03<br>Postage<br>7.92<br>0.00<br>Stationery<br>4.34<br>0.00<br>TOTAL S11 General...<br>26.60<br>79.17<br>TOTAL EXPENSES<br>6,225.60<br>79.17|
|||
|||
|||
|||
|||
|||
|||
|||
|||
|||
|||
||OVERALL TOTAL<br>44,486.53<br>1,827.77|





15/09/2021 

Page 1 

## WYMT - Balance Sheet 

As of 31/08/2021 (in U.K. Pounds Sterling) (Accrual Basis) 


**----- Start of picture text -----**<br>
31/08/2021<br>Account Balance<br>**----- End of picture text -----**<br>


|ASSETS|||
|---|---|---|
|Cash and Bank Accounts|21,079.||
|CAF 12 Month Saver|77||
|COIF Accumulation Units|36,994.||
||60||
|COIF Charities Deposit Fund|7,852.||
||12||
|Current|28,195.||
||42||
|NS&I Investment|0.00||
|TOTAL Cash and Bank Accounts|94,121.||
||91||
|Other Assets|||
|Sun.Debtors|0.00||
|Unbanked Funds|0.00||
|TOTAL Other Assets|0.00||
|TOTAL ASSETS|94,121.||
||91||
|LIABILITIES & EQUITY|||
|LIABILITIES|||
|Other Liabilities|||
|Sun.Creditors|0.00||
|TOTAL Other Liabilities|0.00||
|TOTAL LIABILITIES|0.00||
|EQUITY|94,121.||
||91||
|TOTAL LIABILITIES & EQUITY|94,121.91||





PENYLAN
HEATHSIDE PARK ROAD
WOKING
SURREY
GU22 7JE
TEL: 01483 756187
MOB:07971 512786
EMAIL"
TIM.HARRlS@frtrLWORLD.COM
The Trustees
Woking Young Musicians Trust
I have examined the accounting records of the Woking Young
Musicians Trust and find them to be in good order.
I have also examined the accounts of the Trust for the year ended 31
August 2021 and find they agree with the accounting records.
I have received all the explanations that I required in my
examination.
Tim Harris F.C.A.
7 June 2022