2023-08-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to5
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		8to 9
Notes to the Financial	Statements	10to 24

			Unrestricted	Restricted	2023	2022
		Note
Income and Endowments		from:
Donations and legacies			3,036	3,700	6,736	39,792
Charitable activities			47,983		47,983	45,159
Other trading activities			3,321		3,321	5,770
Investment income			498		498	640
Other income						50
Total income			54,838	3,700	58,538	91,411
Expenditure on:
Raising funds			(2,445)		(2,445)	(4,450)
Charitable activities			(88,267)	(3,090)	(91,357)	(98,793)
Total expenditure			(90,712)	(3,090)	(93,802)	(103,243)
Gains/losses on investment
assets			(891)		(891)	(1,095)
Net (expenditure)/income			(36,765)	610	(36,155)	(12,927)
Net movement in funds			(36,765)	610	(36,155)	(12,927)
Reconciliation offunds
Total funds brought	forward		25,843	8,939	34,782	47,709
Total funds carried	forward	23	(10,922)	9,549	(1,373)	34,782

		Balance Sheet as at	31August 202	3
				2023	2022
			Note
Fixed assets
Tangible assets			17	12,536	13,183
Investments			18	1,900	22,743
				14,436	35,926
Current assets
Stocks			19	6,321	6,345
Debtors			20	8,861	7,181
Cash at bank	and in hand		21	1,647	5,280
				16,829	18,806
Creditors: Amounts		falling due within one year	22	(32,638)	(19,950)
Net current	liabilities			(15,809)	(1,144)
Net (liabilities)/assets				(1,373)	34,782
Funds ofthe	charity:
Restricted income funds
Restricted funds				9,549	8,939
Unrestricted	income	funds
Unrestricted	funds			(10,922)	25,843
Total funds			23	(1,373)	34,782

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 from donations	and legacies
		Unrestricted
		funds	Restricted	Total
		General	funds	funds
Donations and legacies;
Donations from individuals		2,297		2,297
Grants, including capital grants;
Government grants			1,750	1,750
Grants from other charities			950	950
Grants from companies			1,000	1,000
Donations from community	groups	79		79
Regular giving and capital donations		660		660
Total for 2023		3,036	3,700	6,736
Total for 2022		7,542	32,250	39,792

		Unrestricted
		funds	Total
		General	funds
The	study and practice ofmusic	47,983	47,983
Total	for 2023	47,983	47,983
Total	for 2022	45,159	45,159

	Unrestricted
	funds	Total
	General	funds
Trading income;
Sales ofgoods and services	2,711	2,711
Events income;
Other events income	610	610
Total for 2023	3,321	3,321
Total for 2022	5,770	5,770

			Unrestricted
			funds	Total
			General	funds
Other investment		income	498		498
Total for 2023			498		498
Total for 2022			640		640
7	Other income
			Unrestricted
			funds	Total
			General	funds
To	talfor2022		50		50

a) C	osts of trading activities
			Unrestricted
			funds	Total
			General	funds
		Note
Costs	ofgoods sold		2,445	2,445
Total	for 2023		2,445	2,445
Total	for 2022		4,450	4,450

9 Expendit	ure on chari	table activities
				Unrestricted
				funds	Restricted	Total
				General	funds	funds
			Note
The study and practice of		music		47,495		47,495
Depreciation,	amortisation	and other
similar costs				647		647
Staff costs				31,317		31,317
Allocated support costs			10	1,858	3,090	4,948
Governance	costs		10	6,950		6,950
Total for 2023				88,267	3,090	91,357
Total for 2022				75,482	23,311	98,793

			Unrestricted
			funds	Restricted		Total
			General	funds		2023
Staffwelfare costs			9			9
Repairs and renewals			69			69
Telephone and internet			671			671
Computer software	and maintenance	costs	715	2,340		3,055
Printing, postage and stationery			215			215
Bank Charges			179			179
Consultancy					750	750
			1,858	3,090		4,948
			Unrestricted
			funds	Restricted		Total
			General	funds		2022
Staffwelfare costs			14			14
Repairs and renewals			89			89
Telephone and internet			2,051			2,051
Computer software	and maintenance	costs	423	2,	151	2,574
Printing, postage and stationery			225			225
Cleaning			945			945
Bank Charges			205			205
Consultancy				21,160		21,160
			3,952	23,311		27,263

					Unrestricted
					funds	Total
					General	funds
Independent examiner			fees
Examination	of	the	financial	statements	3,300	3,300
Other fees paid		to examiners			3,600	3,600
Other governance		costs			50	50
Total for 2023					6,950	6,950
Total for 2022					4,033	4,033

The aggregate payr	oll costs were as follows:
		2023	2022
Staff costs during	the year were:
Wages and salaries		31,047	28,901
Pension costs		270
		31,317	28,901

charity during the year expressed as full time equiv	alents was as follows:
	2023	2022
	No	No
Musical director
Office administrator
Music teachers

			2023	2022
Examination	ofthe financial	statements	3,300	4,020
Other fees	to examiners
All other services			3,600

17 Tangible fixed assets
	Land and	Instruments
	buildings	and equipment	Total
Cost
At 1 September 2022	5,563	35,352	40,915
At 31August 2023	5,563	35,352	40,915
Depreciation
At 1 September 2022		27,732	27,732
Charge for the year		647	647
At 31August 2023		28,379	28,379
Net book value
At 31August 2023	5,563	6,973	12,536
At 31August 2022	5,563	7,620	13,183

18 Fixe	d asset investments
		2023	2022
Unlisted	investments	1,900	22,743

	Total
Cost or Valuation
At 1 September 2022	22,743
Revaluation	(891)
Disposals	(19,952)
At 31August 2023	1,900
Net book value
At 31August 2023	1,900
At 31August 2022	22,743

19 Stock
	2023	2022
Stocks	6,321	6,345

20 Debtors
	2023	2022
Trade debtors	769	2,194
Prepayments		1,167
Other debtors	8,092	3,820
	8,861	7,181

21 C	ash	and cash equivalents
			2023	2022
Cash	on	hand	10	2
Cash	at	bank	1,637	5,278
			1,647	5,280

22 Creditors: amounts falling due within one year
	2023	2022
Trade creditors	5,661	7
Other loans	12,000	12,000
Other taxation and social security	465
Trustees current accounts		242
Other creditors	7,912	3,661
Accruals	6,600	4,040
	32,638	19,950

23 Funds
	Balance at 1			Other	Balance at
	September	Incoming	Resources	recognised	31August
	2022	resources	expended	gains/(losses)	2023
Unrestricted funds
General
General Funds	25,843	54,340	(86,842)	(891)	(7,550)
Restricted funds
Business Resilience Fund	6,189		(3,090)		3,099
D'Oyly Carte Fund	2,750				2,750
Craft Union - Press Pause
Fund		1,000			1,000
Dorset Council - Arts and
Culture Fund		1,750			1,750
Nature Heals Fund		950			950
	8,939	3,700	(3,090)		9,549
Total funds	34,782	58,040	(89,932)	(891)	1,999

	Notes to the Fi	nancial Stateme	nts for the	Year Ended	31August 202	3
		Balance at 1			Other	Balance at
		September	Incoming	Resources	recognised	31August
		2021	resources	expended	gains/(losses)	2022
Unrestricted	funds
General
General Funds		47,709	58,521	(79,932)	(1,095)	25,203
Restricted funds
Business Resilience Fund			29,500	(23,311)		6,189
D'Oyly Carte Fund			2,750			2,750
			32,250	(23,311)		8,939
Total funds		47,709	90,771	(103,243)	(1,095)	34,142