Isle of Wight Symphony Orchestra Society
Statement of Financial Activities
For the period from 01 September 2023 to 31 August 2024
| Unrestricted | Restricted | Endowment | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| Income and endowments from: | |||||
| Donations and legacies | 5,182 | — | — | 5,182 | — |
| Income from charitable activities | 51,706 | — | — | 51,706 | — |
| Other trading activities | — | — | — | — | — |
| Other income | 1,342 | — | — | 1,342 | — |
| Total income | 58,230 | — | — | 58,230 | — |
| Expenditure on: | |||||
| Expenditure on charitable activities | 25,460 | — | — | 25,460 | — |
| Other expenditure | 6,496 | — | — | 6,496 | — |
| Total expenditure | 31,956 | — | — | 31,956 | — |
| Net income / (expenditure) resources before transfer | 26,274 | — | — | 26,274 | — |
| Transfers | |||||
| Gross transfers between funds - in | — | — | — | — | — |
| Gross transfers between funds - out | — | — | — | — | — |
| Other recognised gains / losses | |||||
| Gains / losses on investment assets | — | — | — | — | — |
| Gains on revaluation, fixed assets, charity's own use | — | — | — | — | — |
| Net movement in funds | 26,274 | — | — | 26,274 | — |
| Reconciliation of funds | |||||
| Total funds brought forward | 71,301 | — | — | 71,301 | |
| Total funds carried forward | 97,575 | — | — | 97,575 |
My examination was carried out in accordance with the General Directions given by the Charity Commission under s.145(7)(b) of the Act. That examination includes a review of the accounting records kept by the IWSO and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER’S STATEMENT
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements
a) To keep accounting records in accordance with section 130 of the Act; and
b) To prepare financial statements, which accord with the accounting records and comply with the requirements of the Act and the Regulations
have not been met. have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable appropriate understanding of the financial statements to be reached.
Signed. V Duckett. 34 Apse Ridge, Cliff Bridge, Shanklin PO37 6QH
There may be minor discrepancies in the totals if the pence are not being shown