2021-03-31-accounts - Yorkshire Youth And Music Limited

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		Page
Report ofthe Trustees	1	to	7
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	10	to	11
Notes tothe Financial Statements	12	to	22
Detailed Statement ofFinancial Activities	23	to	24

				f
Total Reserves per Statement of		Financial	Activities	150,811
Less: Restricted	Reserves			(68,237)
Less: Unrestricted Reserves held		as Fixed	Assets
Amount Available	as Unrestricted	Reserves		82,574
Reserves Policy-	Wind Down Costs			(47,000)
Reserves Policy -	Contingency			(5,000)
Excess Reserves				30,574

Trustees
Elizabeth Mary Bavidge OBE (Chairperson)
Sam Dunkley
Patricia Ellis
Hannah Marion Jones
Janette Randerson	(Treasurer)
Company Secretary
Gail Dudson
Independent Examiner
Riley 8 Co Limited
Chartered Accountants
52StJohns Lane
Halifax
West Yorkshire
HX12BW
Bankers
Virgin Money
Jubilee House
Gosfoith
Newcastle upon Tyne
NE3 4PL
Investment Management
CCLA Investment	Management	Limited
Senator House
85Queen Victoria	Street
London
EC4V 4ET
Chief Officer
Gail Dodson

					31/3/21	31/3/20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	E	E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			88,633	74,132	162,765	81,043
Charitable activities
General charitable activities				1,000	1,000	1,095
Children in Need				1,200	1,200	120
Musical Freedoms				78,530	78,530
Musical Tracks				47,690	47,690	70,651
Music and Well Being						24,795
Investment income
Total			88,642	202,552	291,194	178,150
EXPENDITURE ON
Charitable activities
General charitable activities			65,593	45,047	110,640	64,189
Children in Need				10,804	10,804	11,407
Musical Freedoms				50,119	50,119
Musical Tracks				45,067	45,067	120,774
Music and Well Being						14,564
Total			65,593	151,037	216,630	210,934
NET INCOME/(EXPENDITURE)			23,049	51,515	74,564	(32,784)
Transfers between funds		16	3,202	(3,202)
Net movement in funds			26,251	48,313	74,564	(32,784)
RECONCILIATION OF FUNDS
Total funds brought forward			56,323	19,924	76,247	109,031
TOTAL FUNDS CARRIED FORWARD			82,574	68,237	150,811	76,247

		31/3/21	31/3/20
	Notes	E	6
FIXEDASSETS
Tangible assets	12	1,584	942
CURRENT ASSETS
Debtors	13	29,525	14,065
Cash at bank and in hand		133,177	72,565
		162,702	86,630
CREDITORS
Amounts falling due within one year	14	(13,475)	(11,325)
NET CURRENT ASSETS		149,227	75,305
TOTAL ASSETSLESSCURRENT LIABILITIES		150,811	76,247
NET ASSETS		150,811	76,247
FUNDS	16
Unrestricted funds		82,574	56,323
Restricted funds		68,237	19,924
TOTAL FUNDS		150,811	76,247

				31/3/21	31/3/20
				f	E
Donations				123
Grants				119,191	21,833
Donated	services	and	facilities	43,451	59,210
				162,765	81,043

				31/3/21	31/3/20
				E	E
Arts Council	England,		Yorkshire	15,000
Arts Council	- Cultural		Recovery Fund	49,500
The Bromley Trust				5,500	5,500
Calderdale	MBC			10,000
Children in	Need			11133	8,333
Job Retention Scheme				20,058
Masonic Charitable		Foundation		5,000	5,000
Noel Buxton Trust				3,000	3,000
				119,191	21,833

3.	INVESTMENT INCOME	INVESTMENT INCOME	INVESTMENT INCOME
							31/3/21	31/3/20
							E	E
	Deposit	account interest					9	446
	INCOME	FROM CHARITABLE ACTIVITIES
							31/3/21	31/3/20
			Activity				E	E
	Partnership fees -schools &
	local partners		General	charitable	activities		1,000	1,095
	Partnership fees - schools &
	local partners		Children	in Need			1,200	120
	National	Foundation	for Youth
	Music		Musical	Freedoms			35,000
	Partnership fees - schools &
	local partners		Musical	Freedoms			43,530
	National	Foundation	for Youth
	Music		Musical	Tracks			14,288	14,288
	Partnership fees - schools &
	local partners		Musical	Tracks			33,402	56,363
	National	Foundation	for Youth
	Music		Music and Well Being					24,795
							128,420	96,661
5,	CHARITABLE ACTIVITIES COSTS
						Direct	Support
						Costs (see	costs (see
						note 6) E	note 7) E	Totals f
	General	charitable	activities			108,711	1,929	110,640
	Children	in Need				10,804		10,804
	Musical	Freedoms				50,119		50,119
	Musical	Tracks				45,067		45,067
						214,701	1,929	216,630

DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES
				31/3/21	31/3/20
				f	f
Staff costs				43,066	47,073
Insurance				1,496	1,385
Light and heat				2,263	2,283
Telephone				1,476	1,427
Postage and carriage					67
Public relations	and marketing			17,233	8,867
Sundries				1	356
Rent				5,464	5,163
Repairs and maintenance				1,967	234
Cleaning					714
Project Equipment				48,703	59,210
Subscriptions				1,128	811
Training / Training			Placements	158	201
Office supplies				56	1,216
Catering					83
Motor and travel		expenses			266
Artist's fees				89,136	77,379
Depreciation				2,526	2,200
Interest payable		and similar charges		28	87
				214,701	209,022
SUPPORT COSTS
					Governance
					costs
					6
General charitable			activities		1,929

SUPPORT COSTS - continued	SUPPORT COSTS - continued	SUPPORT COSTS - continued
Support costs, included		in the above, are asfollows:
			31/3/21	31/3/20
			General
			charitable	Total
			activities	activities
			E	E
Accountancy	and legal fees		1,929	1,912
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
			31/3/21	31/3/20
			f	E
Depreciation	-owned assets		2,525	2,201

	31.3.21	31.3.20
	6	6
Wages and salaries	41,851	42,466
Social security costs	3,351	3,438
Pension costs	887	972
		46,876

	31.3.21	31.3.20
	Number	Number
Direct charitable	0.60	0.60
Administration	0.60	0.60
	1.20	1.20

COMPARAT	IVES F	OR THE STA	TEMENT OF FINANCIAL A	CTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
				6	f	6
INCOME AND ENDOWMENTS			FROM
Donations	and legacies			64,210	16,833	81,043
Charitable	activities
General charitable		activities		1,095		1,095
Children in	Need				120	120
Musical Tracks					70,651	70,651
Music and	Well Being				24,795	24,795
Investment	income					446
Total				65,751	112,399	178,150


11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
			Unrestricted	Restricted	Total
			funds	funds	funds
			f	E	E
	EXPENDITURE ON
	Charitable activities
	General charitable	activities	64,189		64,189
	Children in Need			11,407	11,407
	Musical Tracks			120,774	120,774
	Music and Well Being			14,564	14,564
	Total		64,189	146,745	210,934
	NET INCOME/(EXPENDITURE)		1,562	(34,346)	(32,784)
	RECONCILIATION	OF FUNDS
	Total funds brought forward		54,761	54,270	109,031
	TOTAL FUNDS CARRIED FORWARD		56p323	19,924	76,247
12.	TANGIBLE FIXEDASSETS
			Fixtures,
			fittings	Audio
			and	visual
			equipment	equipment	Totals
			E	E	E
	COST
	At 1st April 2020		16,596	3,397	19,993
	Additions		3,167		3,167
	At 31st March 2021		19,763	3,397	23,160
	DEPRECIATION
	At 1stApril 2020		15,654	3,397	19,051
	Charge for year		2,525		2,525
	At 31st March 2021		18,179	3,397	21,576
	NET BOOK VALUE
	At 31st March 2021		1,584		1,584
	At 31st March 2020		942		942

13.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					31/3/21	31/3/20
					f	f
	Trade debtors				11,810	10,250
	Accrued	income			17,400	3,501
	Prepayments				315	314
					29,525	14,065
14.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31/3/21	31/3/20
					E	E
	Trade creditors				900
	Credit card				125	28
	Accruals				12,450	11,297
					13,475	11,325
15.	ANALYSIS OF NET ASSETS BETWEEN FUNDS
					31/3/21	31/3/20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			E	E	E	f
	Fixed assets			1,584	1,584	942
	Current	assets	93,049	69,653	162,702	86,630
	Current	liabilities	(10,475)	(3,000)	(13,475)	(11,325)
			82,574	68,237	150,811	76,247

MOVEMENT IN FUND	S
					Net	Transfers
					movement	between	At
			At 1/4/20		in funds	funds	31/3/21
			E		E	6	6
Unrestricted funds
General fund			56,323		23,049	3,202	82,574
Restricted funds
Arts Council - Cultural	Recovery Fund				7,606		7,606
The Bromley Trust - MBU's Little		Song Stars	5,500		6,347		11,847
Children in Need			3,613		6,529		10,142
Musical Freedoms					28,411		28,411
Musical Tracks				580	2,622	(3,202)
Music Well Being			10,231				10,231
			19,924		5' 515	(3,202)	68,237
TOTALFUNDS			76,247		74,564		150,811
Net movement in funds, included		in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					6	6	E
Unrestricted funds
General fund					88,642	(65,593)	23,049
Restricted funds
Arts Council - Cultural	Recovery	Fund			49,500	(41,894)	7,606
The Bromley Trust - MBU's Little		Song Stars			9,500	(3,153)	6,347
Children in Need					17,333	(10,804)	6,529
Musical Freedoms					78,530	(50,119)	28,411
Musical Tracks					47,689	(45,067)	2,622
					202,552	(151,037)	51,515
TOTAL FUNDS					291,194	(216,630)	74,564

				Net
				movement	At
			At 1/4/19	in funds	31/3/20
			E	E	E
Unrestricted funds
General fund			54,761	1,562	56,323
Restricted funds
The Bromley Trust - MBU's	Little Song Stars			5,500	5,500
Children in Need			6,567	(2,954)	3,613
Musical Tracks			47,703	(47,123)	580
Music Well Being				10,231	10,231
			54,270	(34,346)	19,924
TOTALFUNDS			109,031	(32,784)	76,247
Comparative net movement	in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			E	E	E
Unrestricted funds
General fund			65,751	(64,189)	1,562
Restricted funds
The Bromlay Trust - MBU's	Little Song Stars		5,500		5,500
Children in Need			8,453	(11,407)	(2,954)
Musical Tracks			73,651	(120,774)	(47,123)
Music Well Being			24,795	(14,564)	10,231
			112,399	(146,745)	(34,346)
TOTALFUNDS			178,150	(210,934)	(32,784)

		31/3/21	31/3/20
		E	f
INCOME AND ENDOWMENTS
Donations and legades
Donations		123
Grants		119,191	21,833
Donated services and facilities		43,451	59,210
		162,765	81,043
Investment income
Deposit account interest
Charitable activities
National Foundation	for Youth Music	49,288	39,083
Partnership fees - schools &local partners		79,132	57,578
		128,420	96,661
Total incoming resources		291,194	178,150
EXPENDITURE
Charitable activities
Wages		40,741	42,466
Social security		1,832	3,438
Pensions		493	1,169
Insurance		1,496	1,385
Light and heat		2,263	2,283
Telephone		1,476	1,427
Postage and carriage			67
Public relations and	marketing	17,233	8,867
Sundries		1	356
Rent		5,464	5,163
Repairs and maintenance		1,967	234
Cleaning			714
Project Equipment		48,703	59,210
Subscriptions		1,128	811
Training /Training	Placements	158	201
Office supplies		56	1,216
Catering			83
Carried forward		123,011	129,090

	31/3/21	31/3/20
	f	f
Charitable activities
Brought forward	123,011	129,090
Motor and travel expenses		266
Artist's fees	89,136	77,379
Plant and machinery	2,526
Depn offixtures, fittings &equipment		2,200
Bank charges	28	87
	214,701	209,022
Support costs
Governance costs
Accountancy and legal fees	1,929	1,912
Totalresources expended	216,630	210,934
Netincome/(expenditure)	74,564	(32,784)