2023-03-31-accounts - Viva Chamber Orchestra Ltd

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				Page
Reference and Administrative		Details	1	to	2
Chairman's Report
Report ofthe Trustees			4	to	14
Independent Examiner's	Report			15
Statement ofFinancial	Activities
I9slsnce Sheet			'll	to	18
Cash Flow Statement
Notes tothe Cash Flow	Statement			20
Notes to the Financial Statements			21	to	33
Detailed Statement ofFinancial		Acdvlties	34	to	35


COMPANY SECRETARY		Miss S M Penn
CHIEF EXECUTIVE		Ms LA Galliard
REGISTERED OFFICE		Unit 11
		Robinson Industrial		Estate
		Shaftesbury	Street
		Derby
		Derbyshire
		DE23 8NL
REGISTERED COMPANY		01879552(England		and Wales)
NUMBER
REGISTERED CHARITY		291046
NUMBER
ACCOUNTANTS		Bates Weston LLP
		Chartered Accountants
		.The Mills
		Canal Street
		Derby
		DE1 2RJ
INDEPENDENT	EXAMINER	A P Monis FCA
		Dains Audit	Ltd
		StJohns Court
		Wiitell Road
		Lichfield
		Staffordshire
		WS14 gDS

		r	Year E	nded 31 M	2023
						2023	2022
				Unrestricted	Restrtcted	Total	Total
				fund	fund	funds	funds
			Notes		5	6	6
INCOME AND ENDOWMENTS		FROM
Denature and legacies			3	28,286	75,096	103,382	14,766
Charitable activities
Engagements, hcket sales	and	education
projects				92,863	133,505	226,368	208,450
Grants from public bodies				205,642		205,642	286,642
Sponsorship				25,000		25,000	15,000
Other trading activeies				6,765		6,765	16,193
Investmsnt income				654		654	6
Total				359,210	208,601	567,811	521,057
EXPENDITURE ON
Raising funds			7	4'I,088		41,088	38,804
Charitable activities
Expenditure on charitable	acbvihes			175,254	221,857	397,111	496,499
Other				179,329	5,850	185,179	133,401
Total				395,671	227,707	623,378	668,704
Orchestra tax relief				36,836		36.836	37,517
NET INCOME/(EXPENDITURE)				375	(19,106)	(18,731)	(110,130)
Transfers between funds			18	(18,266)	18,266
Net movement in funds				(17,891)	(840)	(18,731)	(110,130)
RECONCILIATION OF FUNDS
Total funds brought forward				191,291	59,846	251,137	361,267
TOTAL FUNDS CARRIED FORWARD				173,400	59,006	232,406	251.137

	Tradin as	Slnfonla Ylvs
	~el	Sk
	31 March 2023
				2023	2022
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	5	6	6	6
FIXEDASSETS
Tangible assets	14	19,590		19,590	33,310
CURRENT ASSETS
Debtors	15	115,762		115,762	75.598
Cash at bank		94,486	59,006	153.491	198,540
		210,247	59,006	269,253	274,138
CREDITORS
Amounts falling due within one year	16	(56,437)		(56,437)	(56,311)
NET CURRENT ASSETS		153,810	59,006	212,816	217,827
TOTAL ASSETS LESSCURRENT
LIABILITIES		173,400	59,006	232,406	251,137
NET ASSETS		173,400	59,006	232,406	251,137
FUNDS	16
Unrestricted funds				173,400	191,291
Restricted funds				58,006	59,846
TOTAL FUNDS				232.406	251,137

				Tradin as Sin onia Viva	Tradin as Sin onia Viva	Tradin as Sin onia Viva
				WC~o~gderng(t(
			for	the	ear E d	31	2023
							2023	2022
				Notes				5
Cash flows from	operating	activities
Cash generated from operations				1			(90,305)	(172,576)
Taxation refunded							37,517	41,881
Net cash used in	operating	activities					(52,788)	(130,695)
Cash flows from	investing	activities
Purchase ot tangible fixed assets								(6,456)
Sale oftangibk fixed assets							7,085
Interest received							654	6
Nst cash provided	by/(used	in) investing		activities			7,739	(6,450)
Change in cash	and cash	equivalents
in the reporting	period						(45,049)	(137,145)
Cash and cash equivalents		at the
beginning ofthe	reporting	period					198,540	335,685
Cash and cash equivalents		at the	end
ofthe reporting	period						153,491	198,540

	RECONCIUATION ACTIVITIES	OF N	ET EXPE	NDITURE TO NET CASH FLOW FR	OM OPERATIN	G
					2023	2022
					f	F
	Net expenditure for	the reporting		period (as per the Statement
	ofFinancial Activities)				(18,731)	(110,130)
	Adjustments for: Depreciation charges				9,825	7,673
	Orchestra tax relief				(36,836)	(37,517)
	Profit on disposal of fixed		assets		(3,190)
	interest received				(654)	(6)
	(Increase)/decrease	in debtors			(40,845)	20,657
	Increase/(decrease)	in creditors			126	(53,253)
	Net cash used in operations				(90,305)	(172,576)
2.	ANALYSIS OF CHANGES		IN NET	FUNDS
				At 1.4.22	Cash gow	At 31.3.23
						F
	Net cash
	Cash at bank			198,540	(45,049)	153,491
				198,540	(45,049)	153,491
	Total			198,540	(45,049)	153.491

			2023	2022
			f	6
	Equipment	hire	3.575	16,193
	Equipment	sales	3,190
			6,765	16,193
6.	INVESTMENT INCOME
			2023	2022
			6
	Deposit account interest		654	6
6.	INCOME FROM CHARITABLE ACTIVITIES
			2023	2022
	Income from engagements		157,863	208,450
	Other grants		68,505
	Grants from	public bodies	205,642	266,642
	Sponsorship		25,000	15,000
			457,010	490,092

Raising don	ations and legacies
		2023 6	2022 f
Staffcosts		37,919	34,933
Staff expenses		120
Fundraising	costs	3,049	2,054
Development	cost core activity		1,817
		41,088	38,804

		2023	2022
		f
Depreciation	-owned assets	9,825	7.673
Operating leases - rent ofpremises		14,000	12,330
Independent	examiners fee	1,500	1,375

STAFF COSTS
				2023	2022 f
Wages and salaries				235,710	216,631
Social security costs				19,541	13,794
Other pension costs				5,556	4,542
				260,807	234,967
The average monthly	number	ofemployees	during the year was as follows.
				2023	2022
Fundrarsing				1	1
Charitable activities				5	5
Support				2	2

Key management personnel remuneration for the year was 5140,653 (2022	Key management personnel remuneration for the year was 5140,653 (2022	Key management personnel remuneration for the year was 5140,653 (2022	Key management personnel remuneration for the year was 5140,653 (2022	:894,150).
STATEMENT OF FINANCIAL ACTIVITIES TO 31 MARCH 2022
			Unrestricted	Restricted	Total
			fund	fund	funds
			E	5
INCOME AND ENDOWMENTS		FROM
Donations and legacies			4,534	10,232	14,766
Charitable activities
Engagements, ticket sales projects Grants from public bodies	and	education	109,232 230,642	99,218 36,000	208,450 266,642
Sponsorship			15,000		15,000
Other trading activities			16,193		16,193
Investment income			6		6
Total			375,607	145,450	521,057
EXPENDITURE ON
Raising funds			38,804		38,804
Charitable activities
Expenditure on charitable	activities		188,566	307,933	496,499
Other			127,551	5,850	133,401
Total			354,921	313,783	668,704
Orchestra tax relief			37,517		37,517
NET INCOME/(EXPENDITURE)			58,203	(168,333)	(110,130)
Transfers between funds			(12,606)	12,606
Net movement in funds			45,597	(155,727)	(110,130)
RECONCILIATION OF FUNDS
Total funds brought forward			145,694	215,573	361,267
TOTAL FUNDS CARRIED FORWARD			191,291	59,846	251.137

TANGIBLE FIXEDASSE	TS
	Leasehold		Motor	Computer
	improvements	Equipment	vehicles	equipment	Totals
		6	5	6
COST
At 1 April 2022	29,727	28.363	10,000	6,456	74,546
Disposals		(7,790)			(7,790)
At 31 March 2023	29,727	20,573	10,000	6,456	66,756
DEPRECIATION
At 1 April 2022	29,727	8,509	3,000		41,236
Charge for year		5,673	2.000	2,152	9,825
Eliminated on disposal		(3,895)			(3,895)
At 31 March 2023	29,727	10,287	5,000	2,152	47,166
NET BOOK VALUE
At 31 March 2023		10,286	5,000	4,304	19,590
At 31 March 2022		19,854	7.000	6,456	33,310

DEBTORS:A	MOUNTS FALUNG DUE WITHIN ONE	YEAR
		2023	2022
		F	5
Trade debtors		65,213	22,090
Other debtors		1,369	2,807
Tsx		36,836	40,228
Prepayments	and accrued income	12,344	10,473
		115.762	75.598

CREDITORS: AMOUN	TS FALUNG DUE WITHIN ON	E YEAR
		2023	2022
		8
Trade creditors		31,886	26.695
Social secunty and other taxes		15,018	9,709
Other creditors		2,790	3,790
Accruals and deferred	income	6,743	16,117
		56,437	56,311

MOVEMENT	IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
						8
Unrestricted	funds
General fund			191,291	375	(18,266)	173,400
Restdcted funds
Restricted fund			59,846	(19,106)	18,266	59,006
TOTAL FUNDS			251,137	(18,731)		232,406
Net movement	in funds,	included	in the above are as follows:
			Incoming	Resources	Orchestra	Movement
			resources	expended	tax relief	in funds
				6	6
Unrestricted	funds
General fund			359,210	(395,671)	36,836	375
Restricted funds
Restricted fund			208,601	(227,707)		(19,106)
TOTAL FUNDS			567,811	(623,378)	36,836	(18,731)

Comparatives	for moveme	nt in fun	ds
					Net	Transfers
					ITI0veITIeflt	between	At
				At 1.4.21	in funds	funds	31.3.22
				E		E	E
Unrestricted	funds
General fund				145,694	58,203	(12,606)	191,291
Restricted funds
Restricted fund				215,573	(168,333)	12,606	59,846
TOTAL FUNDS				361,267	(110,130)		251,137
Comparative	net movement	in funds,	included	in the above	are as follows:
				Incoming	Resources	Orchestra	Movement
				resources	expended	taX relief	in funds
				E		E	E
Unrestricted	funds
General fund				375,607	(354,921)	37,517	58,203
Restricted funds
Restricted fund				145,450	(313,783)		(168,333)
TOTALFUNDS				521,057	(668,704)	37,517	(110,130)

				Trsdln as	Sinfon	ia Viva
				Detailed Ststems	o	i	ivities
				ort eYear Ended 31 March			2023
								2023	2022
								F
INCOME AND	ENDOWMENTS
Donations snd		legacies
Donations								4,336	3,919
Gift aid								(948)	615
Legacies								5,098
Grants								94,896	10,232
								103,382	14,766
Other trading	activities
Equipment hire								3,575	16,193
Equipment sales								3,190
								6,765	16,193
Investllleltt Inconle
Deposit account		interest
Charitable activities
income from engagements								157,863	208,450
Grants								274,147	266,642
Sponsorship								25,000	15,000
								457,010	490,092
Total Incoming		resources						567,811	521,057
EXPENDITURE
Raising donations			snd legacies
Wages								33,554	32,207
Social security								3,546	2,051
Pensions								819	675
Staff expenses								120
Fundraising costs								3,049	2,054
Development cost core activity									1,817
								41,088	38,804
Charitable activities
Wages								105,808	114,413
Social security								10,756	7.285
Pensions								2,518	2,399
Music hire snd	licences							18,369	20,744
Venue hire								15,566	22,349
Musician, soioists, conductors				and
engagement costs								243,405	305,029
Staff expenses								689
Carried forward								397,111	472,219

					Activities
		r	e e r	a	h 2023
						2023	2022
Charitable activities
Brought forward						397,111	472,219
Irrecoverable VAT							1,161
						397,111	473,380
Other
Irrecoverable VAT						1,317	582
Support costs
Management
Wages						96,348	70,011
Social security						6,239	4,458
Pensions						2,219	1,468
Staff expenses						1,002
						104,808	75,937
Finance
Bank charges						293	255
Financial management						6,380	15,540
Accountancy 8, ind. exam						4,890	5,185
						11,563	20,980
Human resources
Staff recruitment						823
Other
Rent						14,000	12,330
Rates and water						285
Insurance						11.969	9,513
Light and heat						2,057
Telephone						586
Postage and stationery						296
General office	costs					6,731	18,589
Computer costs						2,966
Vehicle costs						1,967	2,419
Subsciiptione						3,390
Slaff training						3,040
Marketing & public relations Depreciation of tangible fixed assets						9,556 9,825	8,497 7,673
						66,668	59,021
Total resources	expended					623,378	668,704
						(55,567)	(147,647)
Orchestra Tax	Relief
Orchestm Tax Relief						36,836	37,517
Net expenditure						(18,731)	(110,130)