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|CONTENTS OF THE ANNUAL|REPORT|Page|
|---|---|---|
|Legal and Administrative|Details||
|Trustees'
Report|||
|Trustees'
statement
of|responsibilities||
|Auditors'
Report|||
|Statement of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||8-1|
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||UnrestrictedRestrictedEndowment|UnrestrictedRestrictedEndowment|UnrestrictedRestrictedEndowment|UnrestrictedRestrictedEndowment||Total|Total|
|---|---|---|---|---|---|---|---|
||Note|Funds
f|Funds
f|Funds
F||2023
F|2022
F|
|INCOMING RESOURCES||||||||
|Donations,
legacies and grants||61,270||||61,270|20,088|
|Investment
income||2,658|5,849|||8,507|7,549|
|Bank interest||505||||505|25|
|Other income||4 130||||4 130|5083|
|TOTAL INCOMING RESOURCES||68563|5849|||74412|32745|
|RESOURCES EXPENDED||||||||
|Direct charitable
expenditure||||||||
|Grants payable|2|17,660|3,320|||20,980|9,710|
|Other expenditure||||||||
|Management
and administration|3|3586||||3586|3474|
|TOTAL RESOURCES EXPENDED||21 246|3320|||24 566|13184|
|NET INCOMING||||||||
|RESOURCES FOR THE YEAR||47317|2 529|||49846|19561|
|OTHER RECOGNISED GAINS||||||||
|AND LOSSES||||||||
|Gains on revaluations
and disposals||of||||||
|investments
held for charity use:||||||||
|Profit on sale of investments||||||||
|Less: previously
accounted
for as||||||||
|unrealised
profit||||||||
|Realised losses from investments||||||||
|Unrealised
(loss)/gain
on investments||7255|3 126|12|842|23223|40 506|
|TOTAL INVESTMENT GAINS||||||||
|AND LOSSES||7255|3126|12|842|23223|40506|
|NET MOVEMENT
IN FUNDS||40,062|(597)|(12„842)||26,623|(20,945)|
|TOTAL FUNDS brought
forward||158539|66107|205|197|429 &43|450 788|
|TOTAL FUNDS carried forward||198601|65510|192|355|456466|429 843|
|All the above results derive from continuing
operations||||||||
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|||||||Note||2023||2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||F|F|
|FIXED|ASSETS||||||||||
||Musical Instruments|||||4||10,199||11,103|
||Investments||at Market Value|||5||347,838||371,060|
|||||||||358,037||382,163|
|CURRENT ASSETS|||||||||||
||Debtors|||||6|5,075||3,069||
||Cash at bank|||and|in hand||94,034||45,041||
||||||||99,109||48,110||
|CURRENT LIABILITIES|||||||||||
||Creditors|and||accruals||7|680||430||
|NET CURRENT ASSETS||||||||98,429||47,680|
|TOTAL|ASSETS|LESSCURRENT||||LIABILITIES||456,466||429,843|
|FUNDS|||||||||||
|Endowment
funds||||||8||192,355||205,197|
|Restncted
funds||||||9||65,510||66,107|
|Unrestricted
funds||||||10||198,601||158,539|
|||||||||456,466||429,843|
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||||No.|2023|No.|2022|
|---|---|---|---|---|---|---|
|||||||5|
|Bursa ries|||21|19,065|14|7,650|
|Prizes|||41|1,665||1,630|
|Other||||250||430|
|||||20,980||9,710|
|OTHER EXPENDITURE|||||||
|||||2023||2022|
|||||E||6|
|Net incoming|resources|for the year are stated|||||
|after charging:|||||||
|Independent|examiner|remuneration||250||250|
|Depreciation||||904||898|
|Other expenditure||||2,432||2,326|
|||||3,586||3,474|
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|MUSICAL INSTRUMENTS|||
|---|---|---|
||2023|2022|
||E|E|
|Net book value at 1 September|11,103|7,050|
|Additions||4,950|
|Charge for the year|(904)|(897)|
|Net book value at 31 August|10,199|11,103|
|INVESTMENTS|||
||2023|2022|
|||E|
|Market value at 1 September|371,060|371,566|
|Additional
investment||40,000|
|Unrealised
(loss)/gain|(23,222)|(40,506)|
|Market value at 31 August|347,838|371,060|
|Historical Cost at 31 August|252,508|252,508|
|DEBTORS|||
||2023|2022|
||F|E|
|Other Debtors|5,075|3,069|
|CREDITORS AND ACCRUALS|||
||2023|2022|
||F|E|
|Other Creditors|680|430|
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||||||Expenditure,||
|---|---|---|---|---|---|---|
||||Balance||Gains and|Balance|
||||B/fwd
8|Income
F|Losses
f|C/Fwd
F|
|Rose|Goulding|Fund|128,962||(8,071)|120,891|
|Junior|School|Fund|76,235||(4,771)|71,464|
||||205,197||(12,842)|192,355|
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|purpo|ses
and|inco|m|e der|ived
from pe|rmanent
endowme|nts
given for specific pu|nts
given for specific pu|rposes.|
|---|---|---|---|---|---|---|---|---|---|
||||||||Expenditure,|||
|||||||Balance||Gains and|Balance|
|||||||B/fwd|Income|Losses|C/Fwd|
|||||||F|6|6|F|
|Rose|Goulding|Fund||||3,005|266|(2,142)|1,129|
|Louise Lamegeon|||Fund|||3,632|321|(422)|3,531|
|Helen|Knott Fund|||||32,314|2,859|(1,928)|33,245|
|Shirley Blakey||Fund||||1,184|105|(346)|943|
|Alina|Mills Memorial|||Fund||4,305|381|(453)|4,233|
|lan McPherson||Memorial|||Fund|731|65|(85)|711|
|Soroptomists||Prize||||988|87|(87)|988|
|John|Ellis Memorial|||Prize||14,433|1,277|(722)|14,988|
|Junior|School|Fund||||5,515|488|(261)|5,742|
|||||||66,107|5,849|(6,446)|65,510|
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|Unrestri|cted
funds|comprise th|e following:||||
|---|---|---|---|---|---|---|
|||||Expenditure,|||
||||Balance||Gains and|Balance|
||||B/fwd|Income|Losses|C/Fwd|
||||6|F|6|6|
|General|Fund||158,539|68,563|(28,501)|198,601|
|ANALY|SIS OF ASSETS AND||LIABILITIES BETWEEN|FUNDS|||
||||EndowmentRestrictedUnrestricted|||Total|
||||Funds|Funds|Funds|2023|
||||6|6|6|F|
|Musical|Instruments||||10,199|10,199|
|Investments|||192,355|46,819|108,664|347,838|
|Current|Assets||||||
|Debtors|||||5,075|5,075|
|Cash|at bank and|in hand||18,691|75,343|94,034|
|Current|liabilities||||(680)|(680)|
||||192,355|65,510|198,601|456,466|
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