| Contents | Page | ||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees report | |||
| Independent Examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the accounts | 6-8 |
| Mrs Beatrice Bray | |||||
|---|---|---|---|---|---|
| Mr Paul Dennis | |||||
| Mrs Sarah-Jane Dix | |||||
| Patricia Ezra (appointed | 1 November | 2022) | |||
| Ms Kim Keates | |||||
| Mr Conrad Meehan (resigned |
17 | October 2022) | |||
| Mrs Tiffany Meredith | |||||
| Jennifer Helen Pattison | (appointed | 1 | November | 2022) | |
| Mr Derek Stringer | |||||
| Mr Toby Winteringham |
| FOR THE YEAR | ENDED 31AUGUST 202 | 3 | |||||
|---|---|---|---|---|---|---|---|
| Un- | |||||||
| Notes | Restricted | Restricted | 2023 Total | 2022 Total | |||
| Funds | |||||||
| Funds | |||||||
| INCOMIiVG RESOURCES | |||||||
| Fees from students | 39,549 | 39,549 | 34,972 | ||||
| Donations | 615 | 615 | 313 | ||||
| Hire ofinstruments | 994 | 994 | |||||
| WNMC Membership | Fees | 4,245 | 4,245 | ||||
| Concert donations | 677 | 677 | |||||
| Other trading activities | 1,953 | 1,953 | 2,321.40 | ||||
| Other income | 359 | 359 | 13,755 | ||||
| Toto/incoming resources |
48,393 | 48,393 | 51,361 | ||||
| Norfolk Music Hub | grant | 6,716 | 6,716 | ||||
| HMRC tax relief | 394 | 394 | |||||
| Huggins Legacy |
12,165 | 12,165 | |||||
| Investment income |
29,087 | 29,087 | 14 | ||||
| 60,951 | 35,803 | 96,754 | 51,376 | ||||
| Expenses | |||||||
| Tutorial and staff payments |
55,332 | 55,332 | 43,996 | ||||
| Rent | 3,138 | 3,138 | 3,260 | ||||
| Insurance | 489 | 489 | 95 | ||||
| Repairs and renewals | 221 | 221 | |||||
| Postage, telephone | and stationery | 67 | 67 | 121 | |||
| Other trading activities | 410 | 410 | 908 | ||||
| Accountancy | 3 | 252 | 252 | 240 | |||
| Sundry expenses | 3,113 | 3,113 | 2,758 | ||||
| 59884 | 3 138 | 63022 | 51 378 | ||||
| Other Costs | |||||||
| Depreciation | 194 | 194 | 23 | ||||
| 194 | 194 | 23 | |||||
| Total resources expended | 60 078 | 3 138 | 63,216 | 51401 | |||
| Net (deficit)/surplus | for the year | 873 | 32 666 | 33538 | 25 |
| 2.Other income | 2.Other income | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other income | w | comprised ofthe | folio | mg | ||||||||||
| Ebay Sales | 201 | |||||||||||||
| Rock School | \58 | |||||||||||||
| 359 | ||||||||||||||
| 3. Net Expenditure | for | thc year | ||||||||||||
| This is stated | after charging | |||||||||||||
| Z1113 | 1012 | |||||||||||||
| 8 | 8 | |||||||||||||
| Accountancy | and bookkeeping | 252 | 240 | |||||||||||
| 4.Fixed Amets | ||||||||||||||
| Plant | and | |||||||||||||
| machinery | Total | |||||||||||||
| 8 | ||||||||||||||
| Cost | ||||||||||||||
| At I | September 2022 | 12,573 | 12,573 | |||||||||||
| Additions in the year |
707 | 707 | ||||||||||||
| At 31 August 2023 | 13.280 | 13.280 | ||||||||||||
| Depreciation | ||||||||||||||
| At I | September 2022 | 12,503 | 12,479 | |||||||||||
| Charge for the year At 31 August 202' |
194 1,697 |
23 IK502 |
||||||||||||
| Net Book Value | ||||||||||||||
| At 31 August 2023 | 58 | 70 | ||||||||||||
| At I | September 2022 | 70 | 94 | |||||||||||
| 5, Creditors | ||||||||||||||
| Z013 | 10 | 2 | ||||||||||||
| E | ||||||||||||||
| Trade creditors | 3,022 | |||||||||||||
| Accnials | 150 | 150 | ||||||||||||
| 150 | 3.172 | |||||||||||||
| 6.Movement in funds |
||||||||||||||
| At I | Inconung | At31 | ||||||||||||
| September | Resources | Outgoing | Aitgiist | |||||||||||
| 2022 | (inc. gainsl | Reseurces | Revaluation | Transfers | 2023 | |||||||||
| f. | 8 | E, | 8 | |||||||||||
| Restricted funds: |
||||||||||||||
| Pe mancnt endo | c t | 200,567 | 29,087 | 4,943 | 234.597 | |||||||||
| General fund |
6,716 | (3,138) | 3,578 | |||||||||||
| Total restncted | I'unde | 20U,567 | 35,803 | (3,138) | 4,943 | - | 238,176 | |||||||
| Unrestricted | funds: | |||||||||||||
| Gener I funds |
236, | 34 | 60,951 | (60.078) | (22 250) | 214,857 | ||||||||
| Total funds | 436,801 | 96.754 | 63 | 2161 | 173U7) | 453 032 | ||||||||
| Restricted Funds |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 8 | 6 | |||
| Balance brought | forward | 27,(93 | 44,570 | |
| Increase/(Decrease) in investment |
assets | (17,307) | (17,377) | |
| Balance carried | forward | 9,886 | 27,193 |