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2023-03-31-accounts

President Clare Teal
Chairman P Snell
Board members/Trustees A Bayley
D Benson
TW Carbin
G Coatman - appointed 13September 2022
E Davies
V Hitchman
A MacRae - resigned 25 January 2023
SG Parker
P Springate
A Stonham
i Thorn
LWatchman
Administrator SW Dawson
Treasurer SG Parker
Registered Office 113Gloucester Road
Trowbridge
Wiltshire
BA14 OAE
Bankers Lloyds TSB
64 Fore Street
Trowbridge
Wiltshire
BA148EU
Examiner R.E.Froud 8 Associates Ltd
61 Robins Lane
Frome
Somerset
BA113ET
Registered Number 00835252
Registered Charity Number 309496

ABRSM Exam Stewards
(Helen Cash, Chris Champeny, Trevor Carbin, Sue Martin, Sue Dawson, Kirsten Mulchay)
Alastair
King
Anita Hallam
BTarlton
Claire King
Haines &Smith Opticians
John Lauder
Liz Jarvis
Mark Dawson
Mr 8 Mrs Richard Young
Mrs Pat Kenwrick
North Wiltshire
Conservative
Women's Luncheon Club
PCC Wylye
P Mulcahy
Rev Mary &Christopher Teed
Simon Cooper
String-a-long
group
Tech Office, Trowbridge
Theresa Cole
Tim Atkins
Trowbridge
Area Board
Wiltshire
Lodge ofAgriculture
WH 8 BEThomson

INCOME AND EXPENDITURE INCOME AND EXPENDITURE 2023 2022
Unrestricted Deisgnated Restricted Total
funds
R
funds fundsf Total funds
R
funds
Income Note
Donations
and grants
3 1,856 1,081 2,937 5,590
Charitable
activities
4 3,338 8,042 11,380 15,684
Other trading
activities
5 12,402 17 12,419 13,704
Other income 6 8,760 8,760 8,689
Total income 26,355 9,140 35,495 43,668
Expenditure
Expenditure
on charitable
activities (41,833) (12,362) (54,195) (51,437)
Expenditures
on other activities
Total expenditure (41,833) (12,362) (54,195) (51,437)
Net gains/(losses)
on investments
(1,649) (1,030) (2,679) 1,833
Gains and losses on revaluation offixed
assets for the charity's
own use
260,871 260,871
Movement
in funds
243,744 (1,030) (3,222) 239,492 (5,936)
Transfers
between funds
17,430 (20,000) 2,570
Net movement
in funds
261,174 (21,030) (652) 239,492 (5,936)
Reconciliation
offunds
Total funds brought forward 51,630 44,623 13,134 109,387 115,323
Total funds carried forward 312,804 23,593 12,482 348,879 109,387

3. DONATIONS AND GRANTS 2023 2022
Unrestricted Designated Restricted Total
funds funds funds Total funds funds
Donations
General donations 1,856 1,856 2,840
Liz Lawrence donation 1,081 1,081 1,000
Grants
Wilts Music Connect 1,750
1 856 1 081 2937 5590
4. CHARITABLE ACTIVITIES 2023 2022
Unrestricted Designated Restricted Total
funds funds funds Total funds funds
General Fundraising 3,338 3,338 2,497
Fundraising
for Young Persons
Bursaries 383 383 803
Music Projects 7,659 7,659 12,385
3 338 8 042 11380 15684
5. OTHER TRADING ACTIVITI 2023 2022
Unrestricted Designated Restricted Total
funds funds funds Total funds funds
Ensembles
and workshops
3,829 3,829 2,733
Room hire 3,070 3,070 1,972
Instrument
hire
3,081 3,081 2,819
Income from investments 1,804 17 1,821 5,938
Other income 617 617 241
12402 17 12419 13704
6. OTHER INCOME 2023 2022
Unrestricted Designated Restricted Total
funds funds fundsf Total funds funds
Rental income 8,760 8,760 8,689
8 760 8760 8689
7. STAFF COSTS AND EMOLUMENTS
Total staff costs were as follows: 2023 2022
Wages and salaries 11,559 10,392
Subcontractors 15,376 18,341
Employers
Nl
353
Pension costs 160 126
Staff training 23 116
27,470 28,974
Particulars
of
employees:
The average number ofemployees during the year, was as follows: 2023 2022
No. No.
Management and administration staff

FIXEDASSETS
Freehold Office Musical
Property Equipment Instruments Total
COST
As at 1 April 2021 14,129 1,901 9,&33 25,863
Additions
Revaluation 260,871 260,871
As at 31 March 2022 275,000 1,901 9,833 286,734
DEPRECIATION
As at 1 April 2021 1,724 9,833 11,557
Charge forthe year 18 18
As at 31 March 2022 1,741 9,833 1'I,574
NET BOOK VALUE
As at 31 March 2022 275,000 160 275,160
As at 31 March 2021 14,129 177 14,306
Movement in market value 2023 2022
Market Value at 1 April
COIF Fund 44,623 39,974
M8G Charifund 26,981 25,149
Market Value at 31 March
COIF Fund 23,593 44,623
M8G Charifund 25,333 26,981
10. CREDITORS: Amounts
falling due within one year
2023 2022
Other creditors 436 19
Deferred income
436 19
Analysis of charitable
f
unds
At 1 April
2022
Income Expenditure Transfers At 31
March
2023
Unrestricted funds 51,630 26,355 (43,482) 17,430 51,933
Designated
funds
44,623 (1,030) (20,000) 23,593
Restricted funds
Young Persons Bursary 3,355 383.39 (3,326.50) 3,370 3,782.03
Visible Voices (100) 4,659 (4,114) 444.81
Keep Music in Mind 8,774 3,000 (3,841) 200 8,133.61
Liz Lawrence 1,105 1,098 (1,081) (1,000) 122
13,134 9,140 (12,362) 2,570 12,482
Revaluation reserve 260,871 260,871
Total funds 109,387 296,366 ~56,674) 348,879

2023 2022
INCOME
Grants - other 1,750
Donations 2,937 3,840
Special Events 1,249
Fundraising 2,472 3,299
Ensembles
and workshops
3,829 2,733
Room Hire 3,070 1,972
Music Projects 7,659 12,385
Income From Investments 1,821 5,938
Instrument
Hire
3,081 2,819
Other income 617 241
Rent Received 8,760 8,689
35,495 43,668
EXPENDITURE
Staff costs 27,470 28,974
Community
pot
340 418
Bursa ries 5,327 3,797
Ensembles
and workshops
1,744 1,228
Music projects 7,955 4,646
Instruments 1,124 680
Special Events 248
Publicity 456 340
Premises
Running
Costs 5,266 8,375
Management
and
administration 4,266 2,981
54,195 51,437
Net gainsi(losses) on investments (2,679) 1,833
OPERATING SURPLUS/(DEFICIT) FOR THE YEAR 21,379 ~5,936

President Clare Teal
Chairman P Snell
Board members/Trustees A Bayley
D Benson
TW Carbin
G Coatman - appointed 13September 2022
E Davies
V Hitchman
A MacRae - resigned 25 January 2023
SG Parker
P Springate
A Stonham
i Thorn
LWatchman
Administrator SW Dawson
Treasurer SG Parker
Registered Office 113Gloucester Road
Trowbridge
Wiltshire
BA14 OAE
Bankers Lloyds TSB
64 Fore Street
Trowbridge
Wiltshire
BA148EU
Examiner R.E.Froud 8 Associates Ltd
61 Robins Lane
Frome
Somerset
BA113ET
Registered Number 00835252
Registered Charity Number 309496

ABRSM Exam Stewards
(Helen Cash, Chris Champeny, Trevor Carbin, Sue Martin, Sue Dawson, Kirsten Mulchay)
Alastair
King
Anita Hallam
BTarlton
Claire King
Haines &Smith Opticians
John Lauder
Liz Jarvis
Mark Dawson
Mr 8 Mrs Richard Young
Mrs Pat Kenwrick
North Wiltshire
Conservative
Women's Luncheon Club
PCC Wylye
P Mulcahy
Rev Mary &Christopher Teed
Simon Cooper
String-a-long
group
Tech Office, Trowbridge
Theresa Cole
Tim Atkins
Trowbridge
Area Board
Wiltshire
Lodge ofAgriculture
WH 8 BEThomson

INCOME AND EXPENDITURE INCOME AND EXPENDITURE 2023 2022
Unrestricted Deisgnated Restricted Total
funds
R
funds fundsf Total funds
R
funds
Income Note
Donations
and grants
3 1,856 1,081 2,937 5,590
Charitable
activities
4 3,338 8,042 11,380 15,684
Other trading
activities
5 12,402 17 12,419 13,704
Other income 6 8,760 8,760 8,689
Total income 26,355 9,140 35,495 43,668
Expenditure
Expenditure
on charitable
activities (41,833) (12,362) (54,195) (51,437)
Expenditures
on other activities
Total expenditure (41,833) (12,362) (54,195) (51,437)
Net gains/(losses)
on investments
(1,649) (1,030) (2,679) 1,833
Gains and losses on revaluation offixed
assets for the charity's
own use
260,871 260,871
Movement
in funds
243,744 (1,030) (3,222) 239,492 (5,936)
Transfers
between funds
17,430 (20,000) 2,570
Net movement
in funds
261,174 (21,030) (652) 239,492 (5,936)
Reconciliation
offunds
Total funds brought forward 51,630 44,623 13,134 109,387 115,323
Total funds carried forward 312,804 23,593 12,482 348,879 109,387

3. DONATIONS AND GRANTS 2023 2022
Unrestricted Designated Restricted Total
funds funds funds Total funds funds
Donations
General donations 1,856 1,856 2,840
Liz Lawrence donation 1,081 1,081 1,000
Grants
Wilts Music Connect 1,750
1 856 1 081 2937 5590
4. CHARITABLE ACTIVITIES 2023 2022
Unrestricted Designated Restricted Total
funds funds funds Total funds funds
General Fundraising 3,338 3,338 2,497
Fundraising
for Young Persons
Bursaries 383 383 803
Music Projects 7,659 7,659 12,385
3 338 8 042 11380 15684
5. OTHER TRADING ACTIVITI 2023 2022
Unrestricted Designated Restricted Total
funds funds funds Total funds funds
Ensembles
and workshops
3,829 3,829 2,733
Room hire 3,070 3,070 1,972
Instrument
hire
3,081 3,081 2,819
Income from investments 1,804 17 1,821 5,938
Other income 617 617 241
12402 17 12419 13704
6. OTHER INCOME 2023 2022
Unrestricted Designated Restricted Total
funds funds fundsf Total funds funds
Rental income 8,760 8,760 8,689
8 760 8760 8689
7. STAFF COSTS AND EMOLUMENTS
Total staff costs were as follows: 2023 2022
Wages and salaries 11,559 10,392
Subcontractors 15,376 18,341
Employers
Nl
353
Pension costs 160 126
Staff training 23 116
27,470 28,974
Particulars
of
employees:
The average number ofemployees during the year, was as follows: 2023 2022
No. No.
Management and administration staff

FIXEDASSETS
Freehold Office Musical
Property Equipment Instruments Total
COST
As at 1 April 2021 14,129 1,901 9,&33 25,863
Additions
Revaluation 260,871 260,871
As at 31 March 2022 275,000 1,901 9,833 286,734
DEPRECIATION
As at 1 April 2021 1,724 9,833 11,557
Charge forthe year 18 18
As at 31 March 2022 1,741 9,833 1'I,574
NET BOOK VALUE
As at 31 March 2022 275,000 160 275,160
As at 31 March 2021 14,129 177 14,306
Movement in market value 2023 2022
Market Value at 1 April
COIF Fund 44,623 39,974
M8G Charifund 26,981 25,149
Market Value at 31 March
COIF Fund 23,593 44,623
M8G Charifund 25,333 26,981
10. CREDITORS: Amounts
falling due within one year
2023 2022
Other creditors 436 19
Deferred income
436 19
Analysis of charitable
f
unds
At 1 April
2022
Income Expenditure Transfers At 31
March
2023
Unrestricted funds 51,630 26,355 (43,482) 17,430 51,933
Designated
funds
44,623 (1,030) (20,000) 23,593
Restricted funds
Young Persons Bursary 3,355 383.39 (3,326.50) 3,370 3,782.03
Visible Voices (100) 4,659 (4,114) 444.81
Keep Music in Mind 8,774 3,000 (3,841) 200 8,133.61
Liz Lawrence 1,105 1,098 (1,081) (1,000) 122
13,134 9,140 (12,362) 2,570 12,482
Revaluation reserve 260,871 260,871
Total funds 109,387 296,366 ~56,674) 348,879

2023 2022
INCOME
Grants - other 1,750
Donations 2,937 3,840
Special Events 1,249
Fundraising 2,472 3,299
Ensembles
and workshops
3,829 2,733
Room Hire 3,070 1,972
Music Projects 7,659 12,385
Income From Investments 1,821 5,938
Instrument
Hire
3,081 2,819
Other income 617 241
Rent Received 8,760 8,689
35,495 43,668
EXPENDITURE
Staff costs 27,470 28,974
Community
pot
340 418
Bursa ries 5,327 3,797
Ensembles
and workshops
1,744 1,228
Music projects 7,955 4,646
Instruments 1,124 680
Special Events 248
Publicity 456 340
Premises
Running
Costs 5,266 8,375
Management
and
administration 4,266 2,981
54,195 51,437
Net gainsi(losses) on investments (2,679) 1,833
OPERATING SURPLUS/(DEFICIT) FOR THE YEAR 21,379 ~5,936