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2021-08-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to5
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		8 to 9
Notes to the Financial	Statements	10to 22

			Unrestricted	2021	2020
		Note
Income and Endowments	from:
Donations and legacies			30,585	30,585	22,904
Charitable activities			31,382	31,382	44,480
Other trading activities			4,929	4,929	10,361
Investment income			620	620	608
Total income			67,516	67,516	78,353
Expenditure on:
Raising funds			(4,675)	(4,675)	(6,992)
Charitable activities			(58,254)	(58,254)	(72,558)
Total expenditure			(62,929)	(62,929)	(79,550)
Gains/losses on investment	assets		3,587	3,587	394
Net income/(expenditure)			8,174	8, 174	(803)
Net movement in funds			8,174	8,174	(803)
Reconciliation offunds
Total funds brought forward			39,535	39,535	40,338
Total funds carried forward		22	47,709	47,709	39,535

		Balan	ce Sheet as at	31August 202	1
					2021	2020
				Note
Fixed assets
Tangible assets				16	13,011	13,710
Investments				17	23,838	20,251
					36,849	33,961
Current assets
Stocks				18	6,454	7,774
Debtors				19	2,826	5,447
Cash at bank	and in hand			20	16,822	12,983
					26,102	26,204
Creditors: Amounts		falling due within	one year	21	(15,242)	(20,630)
Net current	assets				10,860	5,574
Net assets					47,709	39,535
Funds ofthe	charity:
Unrestricted	income	funds
Unrestricted	funds				47,709	39,535
Total funds				22	47,709	39,535

Asset class	Depreciation	method and rate
Land and buildings	0%
Music for library	0%
Musical instruments	10%reducing	balance
Fixtures and fittings	10%reducing	balance
Office equipment	10%reducing	balance

3 Income fro	m	donations	and legacies
				Unrestricted
				funds	Total
				General	funds
Donations and	legacies;
Donations from		individuals		5,681	5,681
Gift aid reclaimed				125	125
Grants, including		capital grants;
Government	grants			21,848	21,848
Donations from		community	groups	76	76
Regular giving	and capital donations			2,855	2,855
Total for 2021				30,585	30,585
Total for 2020				22,904	22,904

		Unrestricted
		funds	Total
		General	funds
The	study and practice ofmusic	31,382	31,382
Total	for 2021	31,382	31,382
Total	for 2020	44,480	44,480

	Unrestricted
	funds	Total
	General	funds
Trading income;
Sales ofgoods and services	4,929	4,929
Total for 2021	4,929	4,929
Total for 2020	10,361	10,361

		Unrestricted
		funds	Total
		General	funds
Other	income irom fixed asset investments	620		620
Total	for 2021	620		620
Total	for 2020	608		608

a) C	osts of trading activities
			Unrestricted
			funds	Total
			General	funds
		Note
Costs	ofgoods sold		4,675	4,675
Total	for 2021		4,675	4,675
Total	for 2020		6,992	6,992

				Unrestricted
				funds	Restricted	Total
				General	funds	funds
			Note
The study and practice of		music		18,447		18,447
Depreciation,	amortisation	and other
similar costs				700		700
Staff costs				32,619		32,619
Allocated support costs				2,982		2,982
Governance	costs			3,506		3,506
Total for 2021				58,254		58,254
Total for 2020				72,329	229	72,558

			Unrestricted
			funds	Total
			General	2021
Staff welfare costs			117	117
Repairs and renewals			46	46
Telephone and internet			937	937
Computer solbvare	and maintenance	costs	487	487
Printing, postage and stationery			84	84
Cleaning			1,168	1,168
Bank charges			143	143
			2,982	2,982
			Unrestricted
			funds	Total
			General	2020
Staff welfare costs			125	125
Repairs and renewals			121	121
Telephone and internet			1,659	1,659
Computer software	and maintenance	costs	810	810
Printing, postage and stationery			237	237
Cleaning			1,810	1,810
Bank charges			158	158
			4,920	4,920

					Unrestricted
					funds	Total
					General	funds
Independent examiner			fees
Examination	of	the	financial	statements	3,293	3,293
Other governance		costs			213	213
Total for 2021					3,506	3,506
Total for 2020					3,158	3,158

11 Net incoming/outgoing	resources
Net incoming/(outgoing)	resources for the year include:
			2021		2020
Loss on disposal offixed	assets held for the charity's	own use				152
Depreciation offixed assets				700		777

The aggregate payr	oll costs were as follows:
		2021	2020
Staff costs during	the year were:
Wages and salaries		32,619	40,970

2021	2020
No	No

2021	2020
3,293	3,060

16 Tangible fixed assets
	Land and	Instruments
	buildings	and equipment	Total
Cost
At 1 September 2020	5,563	34,461	40,024
At 31 August 2021	5,563	34,461	40,024
Depreciation
At 1 September 2020		26,314	26,314
Charge for the year		699	699
At 31August 2021		27,013	27,013
Net book value
At 31 August 2021	5,563	7,448	13,011
At 31August 2020	5,563	8,147	13,710

17 Fixed asset investments
	2021	2020
Unlisted investments	23,838	20,251
		Total
Cost or Valuation
At 1 September 2020		20,251
Revaluation		3,587
At 31 August 2021		23,838
Net book value
At 31 August 2021		23,838
At 31August 2020		20,251
18 Stock
	2021	2020
Stocks	6,454	7,774
19Debtors
	2021	2020
Trade debtors	1,153	4,048
Prep ayments	805	1,199
Other debtors	868	200
	2,826	5,447
20 Cash and cash equivalents
	2021	2020
Cash on hand	12	138
Cash at bank	16,810	12,845
	16,822	12,983

21 Creditors: amounts falling due within one year
	2021	2020
Trade creditors		1,557
Other loans	12,000	12,000
Other taxation and social security		1,814
Trustees current accounts	242	759
Accruals	3,000	4,500
	15,242	20,630

22 Funds
		Balance at 1			Other	Balance at
		September	Incoming	Resources	recognised	31August
		2020	resources	expended	gains/(losses)	2021
Unrestricted	funds
General		39,535	67,516	(62,929)	3,587	47,709

		Balance at 1			Other	Balance at
		September	Incoming	Resources	recognised	31August
		2019	resources	expended	gains/(losses)	2020
Unrestricted	funds
General		40,109	78,353	(79,321)	394	39,535
Restricted funds		229		(229)
Total funds		40,338	78,353	(79,550)	394	39,535