##
||||||Lake District Summer|Music Limited|
|---|---|---|---|---|---|---|
||||||Contents||
|Reference|and Administrative|||Details|||
|Trustees'|report||||||
|Trustees'|responsibilities||in relation||to the financial statements||
|Independent
examiner's|||report||||
|Statement|offinancial|activities|||||
|Balance sheet|||||||
|Notes to the financial||statements|||||
||||||Lake District Summer|Lake District Summer|Lake District Summer|Music|Music|Limited|Limited|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Reference and|Administrative||||Details||||
|Charity name|||||Lake District|Summer||Music Limited||||||
|Charity registration|||number||516350|||||||||
|Company||registration||number|01887957|||||||||
|Principal|office||||Stricklandgate||House|||||||
||||||92Stricklandgate|||||||||
||||||KENDAL|||||||||
||||||LA9 4PU|||||||||
|Registered||office|||Stricklandgate||House|||||||
||||||92 Stricklandgate|||||||||
||||||KENDAL|||||||||
||||||LA9 4PU|||||||||
|Trustees|||||R
Kellaway||MBE,||Honorary||Life|||
||||||President|||||||||
||||||H T G Hands,||Chairman|||||||
||||||W H Sang, Deputy Chairman|||||||||
||||||T A Davis, Honorary|||Treasurer||||(appointed|28 February 2020)|
||||||RJ D Dodgson||MBE|||||(appointed|28 February 2020)|
||||||R Hall, Patrons||of LDSM||representative|||||
||||||W G Jackson|||||||||
||||||W Lloyd|||||||||
||||||H L Nasmyth|||||||(resigned|1 November 2019)|
||||||M W M Rayner|||||||||
||||||T Reynish
MBE|||||||(resigned|2 October 2020)|
||||||J Rink|||||||(appointed|28 February 2020)|
||||||J Scott|||||||(appointed|28 February 2020)|
||||||ST Threlfall|||||||(resigned|30September 2020)|
||||||C Wardle|||||||||
|Accountant|||||Dodd & Co Limited|||||||||
||||||FIFTEEN Rosehill|||||||||
||||||Montgomery|Way||||||||
||||||Rosehill Estate|||||||||
||||||CARLISLE|||||||||
||||||CA1 2RW|||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2020|2019|
||||Note|f|||F.|
|Income and endowments||from:||||||
|Donations
and legacies|||2|85,339|1,000|86,339|131,931|
|Charitable
activities|||3||||73,701|
|Other|||4|205||205|231|
|Total income and endowments||||85,544|1,000|86,544|205,863|
|Expenditure
on:||||||||
|Charitable
activities||||69,455|1,000|70,455|212,690|
|Total expenditure||||69,455|1,000|70,455|212,690|
|Net movements
in|funds|||16,089||16,089|(6,827'|
|Reconciliation
of|funds|||||||
|Total funds brought|forward|||46,838||46,838|53,665|
|Total funds carried|forward|||62,927||62,927|46,838|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
|||Funds|Funds|2020|2019|
|Charitable|activities||||73,701|
##
||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|
||Funds|Funds|2020|2019|
|||K|||
|Other|205||205|231|
##
##
##
##
##
||||Raising|Other|Total|Total|
|---|---|---|---|---|---|---|
||||funds|expenditure|2p20|2019|
|Direct costs|||||||
|Voluntary
staff costs||||||4,024|
|Artist fees and expenses||||1,060|1,060|49,849|
|Event costs||||2,277|2,277|25,161|
|Wages and salaries||||||4,024|
|Staff and tutor fees and|expenses|||||5,770|
|Printing
and stationery||||||8,142|
|Press and advertising||||2,545|2,545|10,015|
|Promotional
expenses|and discounts|||||3,687|
|Accommodation||||||11,362|
|Credit card charges||||327|327|578|
|||||6,209|6,209|122,612|
|Support costs|||||||
|Wages and salaries||||||2,012|
|Freelance staff|||3,807|36,970|40,777|55,008|
|Rent|||361|6,857|7,218|7,185|
|Insurance|||23|430|453|768|
|Telephone
and fax|||63|1,362|1,425|1,787|
|Office expenses|||9|171|180|395|
|Computer
software and|maintena|nce costs|85|1,626|1,711|2,065|
|Printing,
postage and stationery||||831|831|993|
|Trade subscriptions||||300|300|609|
|Sundry expenses|||9|337|346|376|
|Travel and subsistence|||411|3,702|4,113|5,857|
|Promotional
expenses||||||2,752|
|Accountancy
fees|||137|4,169|4,306|7,752|
|Independent
examiner's|fee|||720|720|720|
|Legal and professional|fees|||235|235|67|
|Bank charges||||122|122|225|
|Depreciation
ofoffice equipment||||1,509|1,509|1,507|
||||4,905|59,341|64,246|90,078|
||||4,905|65,550|70,455|212,690|
##
##
##
##
|Accountancy|fees||
|---|---|---|
|Independent|examiner's|fee|
|Legal and professional||fees|
##
##
|||||2020|2019|
|---|---|---|---|---|---|
|||||No.|No.|
|Charitable|activities|||||
|The aggregate||payroll costs ofthese|persons were as follows:|||
|||||2020f|2019
f|
|Wages and|salaries||||10,060|
|No employee||received emoluments|ofmore than f60,000 during the|year (2019 - No. 0).||
##
##
||Piano, staging|
|---|---|
||and office|
||equipment|
|Cost||
|As at 1 October 2019and 30September 2020|75,328|
|Depreciation||
|As at 1 October 2019|73,819|
|Charge for the year|1,509|
|As at 30 September 2020|75,328|
|Net book value||
|As at 30September 2020||
|As at 30September 2019|1,509|
##
|||2020|2019|
|---|---|---|---|
|Trade debtors||485|762|
|Other debtors||2,318|4,838|
|Prepayments|and accrued income|20,000|25,918|
|||22,803|31,518|
##
|||2020|2019|
|---|---|---|---|
|Trade creditors||4,892|904|
|Accruals and deferred|income|2,100|2,000|
|||6,992|2,904|
##
##
##
##
||||||Other||
|---|---|---|---|---|---|---|
||||||2020|2019|
|Within|one|year|||3,168|3,168|
|Within|two|and|five|years|3,024|6,192|
||||||6,192|9,360|
##
##
##
##
##
##
|||||At 30|
|---|---|---|---|---|
||At 1 October|Incoming|Resources|September|
||2019|resources|expended|2020|
|General Funds|||||
|General funds|46,838|85,544|(69,455)|62,927|
|Restricted
Funds|||||
|The RuN Fund||1,000|(1,000)||
||46,838|86,544|(70,455)|62,927|
##
##
##
##
||||||At 1
2018|Incoming
resources|Resources
expanded|At 30
September
2019|
|---|---|---|---|---|---|---|---|---|
|General Funds|||||||||
|General funds|||||53,665|130,275|(137,102)|46,838|
|Restricted Funds|||||||||
|Stephen
Bell Charitable|||Trust|||3,668|(3,668)||
|Strategic Cultural|Partnership|||Grant||6,250|(6,250)||
|RVW Trust||||||1,500|(1,500)||
|Roundhouse
Foundation||||||2,000|(2,000)||
|Martin Rayner||||||2,420|(2,420)||
|The RuN Fund||||||1,000|(1,000)||
|Patrons of LDSM||||||20,000|(20,000)||
|IDA Carroll Trust||||||1,000|(1,000)||
|Richard
Hall Charitable|||Trust|||1,000|(1,000)||
|Arts Council National||Lottery||||35,000|(35,000)||
|William
Alwyn
Foundation||||||800|(800)||
|Kirckman Concert|Society|||||550|(550)||
|Schubert Ensemble||Trust||||400|(400)||
|||||||75,588|(75,588)||
||||||53,665|205,863|(212,690)|46,838|
##
##
##
|||Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|
|||Funds|2020|2019|
|Tangible assets||||1,509|
|Current assets||69,919|69,919|48,233|
|Creditors: Amounts|falling due within one year|(6,992)|(6,992)|(2,904)|
|Net assets||62,927|62,927|46,838|
|Prior period|||||
|||Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|
|||Funds|2019|2018|
|||||f|
|Tangible assets||1,509|1,509|3,016|
|Current assets||48,233|48,233|64,017|
|Creditors: Amounts|falling due within one year|(2,904)|(2,904)|(13,368)|
|Net assets||46,838|46,838|53,665|
##
##
##
|17
Grants and do|17
Grants and do|nations||||||||
|---|---|---|---|---|---|---|---|---|---|
|Donor
Anonymous
Donors|||Details|||||Unrestricted
Funds (f)
5,000|Restricted
Funds (f)|
|Rachellsherwood||||||||1,000||
|Kate Dugdale||||||||5,000||
|Eira Leach||||||||2,000||
|Linda Hepworth||||||||1,000||
|Arts Council National||Lottery|Repurposed||Festival Grant|||40,000||
|SLDC|||Strategic Cultural|||Partnership|Grant|6,250||
|SLDC|||Discretionary||Grant Fund|||6,000||
|Other individual|donors|||||||4,293||
|The RuN Fund|||Supporting|Festival Debut concerts|||||1,000|