2021-07-31-accounts

Trustees		J Bond
		I Ritchie
		P Rivers
		Professor	M Maden	(Appointed	29September
				2020)
Secretary		R Dawson
Charity number		289324
Company	number	1806898
Registered	office	One StAldates
		Oxford
		OX1 1DE
Auditor		Critchleys	Audit LLP
		Beaver House
		23-38 Hythe Bridge Street
		Oxford
		Oxfordshire
		OX1 2EP
Bankers		Lloyds Bank pic
		1-5High Street
		Oxford
		OX1 4AA

			Page
Chair's statement
Trustees' report			2-5
Statement ofTrustees'		responsibilities
Independent auditor's		report	7-9
Statement offinancial		activities	10
Balance sheet
Notes to the financial	statements		12-18

				Unrestricted	Endowment	Total	Unrestricted
				funds	funds		funds
				2021	2021	2021	2020
			Notes		f	K
Income and endowments		from'
Donations and legacies				107,234		107,234	512,826
Charitable activities							83,645
Interest receivable				8		8	442
Other income				2,246		2,246	12,457
Total income				109,488		109,488	609,370
Ex en i r on:
Charitable activities
Fundraising &publicity				84,793		84,793	216,814
Direct charitable				57,739		57,739	40,652
Total charitable expenditure				142,532		142,532	257,466
Net gains/(losses) on investments				51,039		51,039	(27,064)
Net incoming resources		before transfers		17,995		17,995	324,840
Gross transfers between	funds			(359,912)	359,912
Net movement in funds				(341,917)	359,912	17,995	324,840
Fund balances at 1 August		2020		380,215		380,215	55,375
Fund balances at 31July		2021		38,298	359,912	398,210	380,215

				2021		2020
			Notes			f
Fixed assets
Tangible assets			10		33,904		3,965
Investments			11		359,912		332,179
					393,816		336,144
Current assets
Debtors			12	6,359		13,375
Cash at bank and in	hand			14,692		39,870
				21,051		53,245
Creditors: amounts	falling due within
one year			13	(16,657)		(9,174)
Net current assets					4,394		44,071
Total assets less current liabilities					398,210		380,215
Capital funds
Expendable Endowment		Fund			359,912
Income funds
Unrestricted funds -	general				38,298		380,215
					398,210		380,215

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2021	2020
Donations	and gifts	107,234	152,852
Legacies	receivable		359,974
		107,234	512,826

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2021	2020
Interest	receivable		442

Unrestricted	Unrestricted
funds	funds
general	general
2021	2020
F
2,246	12,457

					Fundraising	Direct	Total	Fundraising	Direct	Total
					&publicity	charitable	2021	&publicity	charitable	2020
					2021	2021		2020	2020
							f
Staff Costs					40,535	32,330	72,865	25,725	20,517	46,242
Rent, rates, insurance				and
electricity					9,961	7,945	17,906	7,231	5,768	12,999
Depreciation					1,169	932	2,101	900	717	1,617
Postage, telephone			and
stationery					2,746	2,191	4,937	6,101	4,867	10,968
Travel and subsistence					631	503	1,134	753	600	1,353
Office equipment		I IT			6,976	5,566	12,542	2,963	2,364	5,327
Accountancy	and	legal
expenses					3,748	2,987	6,735	423	337	760
Bank charges,	fees,
service charge					225	179	404	948	756	1,704
Miscellaneous	expenses				2,974	2,374	5,348	1,330	1,061	2,391
Auditor remuneration					3,426	2,732	6,158	4,596	3,665	8,261
Artist and concert
management	fees				9,834		9,834	139,610		139,610
Commissions					2,568		2,568	7,621		7,621
Hire costs								18,613		18,613
					84,793	57,739	142,532	216,814	40,652	257,466
					84,793	57,739	142,532	216,814	40,652	257,466

2021	2020
Number	Number

		Unrestricted	Unrestdcted
		funds	funds
		general	general
		2021	2020
			E
Revaluation	ofinvestments	51,039	(27,064)

Tangible	fixed asset	s
			Office	Website	Total
			equipment
Cost
At 1 August 2020			10,771		10,771
Additions				32,040	32,040
At 31 July	2021		10,771	32,040	42,811
Depreciation and impairment
At 1 August 2020			6,806		6,806
Depreciation charged		in the year	2,101		2,101
At 31 July	2021		8,907		8,907
Carrying	amount
At 31 July	2021		1,864	32,040	33,904
At 31 July	2020		3,965		3,965

			2021f
Cost or valuation
At 1 August 2020			332,179
Additions			310
Valuation	changes		51,039
Investment	Management	fees	(3,616)
Disposals			(20,000)
At 31 July	2021		359,912
Carrying	amount
At 31 July	2021		359,912
At 31 July	2020		332,179

Debtors
			2021	2020
Amounts falling due		within one year:
Other debtors			2,889	10,216
Prepayments	and accrued income		3,470	3,159
			6,359	13,375
Creditors: amounts		falling due within one year
			2021	2020
Other creditors			145	(131)
Accruals and deferred		income	16,512	9,305
			16,657	9,174

Analysis of net assets between funds
	Unrestricted	Endowment	Total	Unrestricted
	funds	funds		funds
	2021	2021	2021	2020
			E	E
Fund balances at 31 July 2021 are represented
by:
Tangible assets	33,904		33,904	3,965
Investments		359,912	359,912	332,179
Current assets/(liabilities)	4,394		4,394	44,071
	38,298	359,912	398,210	380,215