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|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|
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||||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|
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|||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|
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|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||
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|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|
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|||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|
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||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|
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||||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|
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|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|
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|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|
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||||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|
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|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|||
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||||2023|2022|
|---|---|---|---|---|
|Examination|ofthe financial|statements|3,300|4,020|
|Other fees|to examiners||||
|All other services|||3,600||
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|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|
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|18 Fixe|d asset investments|||
|---|---|---|---|
|||2023|2022|
|Unlisted|investments|1,900|22,743|
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||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|
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|19 Stock|||
|---|---|---|
||2023|2022|
|Stocks|6,321|6,345|
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|20 Debtors|||
|---|---|---|
||2023|2022|
|Trade debtors|769|2,194|
|Prepayments||1,167|
|Other debtors|8,092|3,820|
||8,861|7,181|
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|21 C|ash|and cash equivalents|||
|---|---|---|---|---|
||||2023|2022|
|Cash|on|hand|10|2|
|Cash|at|bank|1,637|5,278|
||||1,647|5,280|
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|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|
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|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|
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||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|
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