2022-12-31-accounts

	Page
ReportoftheTrustees	1
IndependentAuditor'sReport	14
StatementofFinancialActivities	18
BalanceSheet	19
CashFlowStatement	20
NotestotheCashFlowStatement	21
NotestotheFinancialStatements	22

31/05/2023

23 June 2023

			Unrestricted	Restricted		Total		Total
			Funds	Funds		2022		2021
								Asrestated
			£	£		£		£
	Note
Incomeandendowmentsfrom:
Donationsandlegacies			277,617	72,850		350,467		583,269
Charitableactivities
Auditions
Concerts			33,136		-	33,136
Regionals			100,106		-	100,106			-
Membershipfees			579,750		-	579,750		147,500
Othertradingactivities			2,714			2,714
investments			1,061			1,061		748
Other			255,644			255,644		10,323
Total			1,250,028	72,850		1,322,878		741,840
Expenditureon:
Raisingfunds			82,042		-	82,042		64,462
Charitableactivities
Residencies(includingonline)			1,101,828		-	1,101,828		625,655
Auditions			11,308		-	11,308		17,338
Concerts			45,628		-	45,628			-
BursariesandScholarships			500	114,015		114,515		26,250
Regionals
Total			1,241,306	114,015		1,355,321		733,705
Netgains/(losses)oninstruments		15
Netgains/(losses)oninvestments		16	(1,905)		-	(1,905)		2,910
Netincome/(expenditure)			6,817	(41,165)		(34,348)		11,045
Transfersbetweenfunds		20	200	(200)			.		-
Netmovementinfunds		20	7,017	(41,365)		(34,348)		11,045
Totalfundsbroughtforward(asrestated,note			579,137	127,651		706,788		695,743
15)
Totalfundscarriedforward		20	586,154	86,286		672,440		706,788

31/05/2023

	Notes	2022		2021
		£		£
Cashgeneratedfromoperatingactivities
Cashgeneratedfromoperations	1	(288,585)		621,640
Taxationrefund
Netcash(usedin)/providedbyoperatingactivities		(288,585)		621,640
Cashflowsfrominvestingactivities
Purchaseoftangiblefixedassets		(1,632)			-
Proceedsfromdisposaloftangiblefixedassets			-	9,900
Interestreceived		1,061		748
Netcashprovidedby/(usedin)investingactivities		(571)		10,648
Changeincashandcashequivalentsinthereportingperiod	2	(289,156)		632,288
Cashandcashequivalentsatthebeginningofthereportingperiod		1,156,845		524,557
Cashandcashequivalentsattheendofthereportingperiod		867,689		1,156,845

1	Reconciliationofnetincome/{expenditure)tonet	Reconciliationofnetincome/{expenditure)tonet	cashflowfromoperatingactivities	cashflowfromoperatingactivities
				2022	2021
				£	£
					Asrestated
	Netincome/(expenditure)forthereportingperiod
	(asper thestatementoffinancialactivities)			(34,348)	11,045
	Adjustmentsfor:
	Depreciationcharges			490	2,002
	(Gains)/lossesoninvestments			1,905	(2,910)
	Interestreceived			(1,061)	(748)
	Gainondisposaloffixedassets			:	(2,999)
	Interestpaid
	Taxrefunddue
	(Increase)/decreaseindebtors			(256,222)	214,880
	(Decrease)/increaseincreditors			651	400,370
	Netcashprovidedby/(usedin)operatingactivities			(288,585)	621,640
2	Analysisofchangesinnetfunds	At1 January			At31December
			2022	Cashflow	2022
		£		£	£
	Netcash
	Cashatbankandinhand	1,156,845		(289,156)	867,689
	Total	1,156,845		(289,156)	867,689

3	Donationsandlegacles
		2022	2021
		£	£
	Donations	349,013	576,472
	Taxrecovered	1,454	3,798
	Miscellaneousincome	-	2,999
		350,467	583,269
4	Incomefromcharitableactivities
		2022	2021
		£	£
	Auditions
	Concertincome	33,136	-
	Regionalsincome	100,106
	Membershipfees	579,750	147,500
		712,992	147,500
5	Othertradingactivities
		2022	2021
		£	£
	Merchandisingincome
	Otherrevenue	2,714	-
		2,714	:
6	InvestmentIncome
		2022	2021
		£	£
	Investmentincome	1,061	748
		1,061	748
7	Otherincome
		2022	2021
		£	£
	OrchestraTaxRelief	255,644	10,323
		255,644	10,323
8	Raisingfunds
		2022	2021
		E	£
	Raisingdonationsandlegacies
	Staffcosts	73,259	62,601
	Othercosts	8,783	1,861
	Total	82,042	64,462

		Directcosts	Grantfundingof	Grantfundingof	Support	costs(see	Totals2022
			activities	(see		note11)
			note	10)
		£		£		£	£
	Programmes(includingonline)	619,680		-		482,148	1,101,828
	Auditions	11,308				-	11,308
	Concerts	45,628		:		:	45,628
	Bursariesandscholarships	500	114,015			-	114,515
		677,116	114,015			482,148	1,273,279
		Directcosts	=Grantfundingof		Support	costs(see	Totals2021 As
			activities	(see	note11)	As	restated
			note	10)		restated
		£		£		£	£
	Programmes(includingonline)	156,595				469,060	625,655
	Auditions	17,338				-	17,338
	Concerts		-			-	.
	Bursarles andscholarships		26,250				26,250
		173,933	26,250			469,060	669,243
10	Grantspayable
						2022	2021
						£	£
	Bursariesandscholarships					114,015	26,250
	Thetotalgrantspaidtoindividualsduringtheyearwasasfollows:
						2022	2021
						£	£
	Grant
						114,015	26,250
	Allgrantsrelatetobursariesprovidedtoindividualsasa subsidytowardstheirmembershipfeesand			travel	costs.

Staffcosts
	2022	2021
	£	£
Wagesandsalaries	341,453	263,292
Socialsecuritycosts	29,262	22,278
Pensioncosts	9,118	7,351
	379,833	292,921
Theaveragemonthlynumberofemployeesduringtheyearwasasfollows:
	2022	2021
	£	£
	12	8
Therewerenoemployeeswhoseemployeebenefits(excludingemployerpensioncasts)exceeded£60,000.
TheOrchestrasemployed179freelancersduringtheyear(2021:131),whoworkeda totalof925days(2021:695
days).
ThesocialstaffprovidepastoralsupportforthemembersoftheOrchestras,whilsttutorshelpwiththemusicalelements.Thesestaffarepaidon
apersessionbasis.

Tangiblefixedassets
	Music	Instruments	Fixturesand	Motorvehicles		Totals
			fittings
		Asrestated				Asrestated
	£	£	£	£		£
Cost/Value
At1 January2022	21,720	67,525	72,018		:	161,263
Additions	-	-	1,632		:	1,632
Disposals	-	-
At 31December2022	21,720	67,525	73,650		-	162,895
Depreciation
At1 January2022	21,339	-	71,731		-	93,070
Chargefortheyear	180	-	310		-	490
Eliminatedondisposals	:	-	-		:		-
At 31December2022	21,519	:	72,041		-	93,560
NetBookValue
At31December2022	201	67,525	1,609			69,335
At31December2021	381	67,525	287		-	68,193

16	__—“Fixedassetinvestments
			Listed
			investments
			£
	Marketvalue
	At1 January2022		16,390
	Revaluations		(1,905)
	At31December2022		14,485
	Netbookvalue
	At31December2022		14,485
	At31December2021		16,390
	TherewerenoinvestmentassetsoutsidetheUK.
17	_Debtors:amountsfallingduewithinoneyear	2022	2021
		£	£
	Tradedebtors	5,880	6,684
	Prepayments	23,735	13,485
	Taxrecoverable	282,841	36,065
		312,456	56,234

Creditors:amountsfallingduewithinoneyear	2022	2021
	£	£
Tradecreditors	18,161	4,570
Socialsecurityandothertaxes	8,530	8,707
Deferredincome	542,570	553,492
Accruals	22,264	24,105
	591,525	590,874
Furtherinformationondeferredincomeisprovidedinnote24.
Leasingagreements
Minimumleasepaymentsundernon-cancellableoperatingleasesfalldueasfollows:
	2022	2021
	£	£
Withinoneyear	9,846	24,280
Betweenoneandfiveyears
	9,846	24,280

MovementinFunds
	At1/1/22, As	Netmovementin	Transfersbetween	At31/12/22
	restated	funds	funds
	£	£	£	£
Unrestrictedfunds
Generalfund(asrestated,seenote15)	369,137	6,817	200	376,154
Unrestricted- designatedfunds
ITReplacementfund
Officemove
RiskReserve	210,000		-	210,000
	579,137	6,817	200	586,154
Restrictedfunds Bursaryfund	36,743	(41,165)	4,422	z
Scholarshipfund	1,792	-	-	1,792
ERorisonwinteraward	4,231		(200}	4,031
Accessandprogression	17,470		-	17,470
FGuthrie	1,522		:	1,522
ViviennePricememorialfund	18,677		(4,422)	14,255
1978association	47,216			47,216
	127,651	(41,165)	(200}	86,286
Totalfunds	706,788	(34,348)	-	672,440

	Incoming		Resources	Gainsandlosses	Movement	in
	resources		expended		funds
	£		£	£		£
Unrestrictedfunds
Generalfund	1,250,028		(1,241,306)	(1,905)	6,817
Unrestricted- designatedfunds
ITReplacementfund	-		-	-		-
Officemove				-		:
RiskReserve				-
	1,250,028		{1,241,306}	(1,905)	6,817
Restrictedfunds
Bursaryfund	72,850		{114,015}	-	(41,165)
Scholarshipfund	-		-	-		-
ERorisonwinteraward				:		-
Accessandprogression				-
FGuthrie				-
ViviennePricememorialfund			7	7
1978association			-	-
	72,850		(114,015)	-	(41,165)
Totalfunds	1,322,878		(1,355,321)	(1,905)	(34,348)
Comparativesformovementinfunds
	At1/1/21_ As	Netmovementin		Transfersbetween	At31/12/21	As
	restated	funds	As	funds	restated
			restated
	£		£	£		£
Unrestrictedfunds
Generalfund(asrestated,seenote15)	540,462		{200,249)	28,924	369,137
ITreplacementfund	7,131		(7,131)	-		-
Officemove	25,500		(25,500)	.		-
Riskreserve	-		210,000		210,000
	573,093		(22,880)	28,924	579,137

Restrictedfunds
Bursaryfund	31,742		33,925		(28,924)		36,743
Scholarshipfund	1,792			-	-		1,792
ERorisonwinteraward	4,231				-		4,231
Accessandprogression	17,470						17,470
FGuthrie	1,522				-		1,522
ViviennePricememorialfund	18,677			:			18,677
1978association	47,216			-	-		47,216
	122,650		33,925		(28,924)		127,651
Totalfunds	695,743		11,045				706,788
Comparativenetmovementoffundsincludedinthe	aboveareasfollows:
	Incoming	Resources			Gainsandlosses	Movementin
	resources	expended	As			funds	As
			restated				restated
	£		£		£		£
Unrestrictedfunds
Generalfund(asrestated,seenote15)	471,666		{674,825)		2,910		(200,249)
Unrestricted- designatedfunds
ITreplacementfund			(7,131)				(7,131)
Officemove	-		(25,500)		-		(25,500)
Riskreserve	210,000			-	-		210,000
	681,666		(707,456)		2,910		(22,880)
Restrictedfunds
Bursaryfund	60,175		(26,250)		-		33,925
Scholarshipfund							-
ERorisonwinteraward	-				-		-
Accessandprogression	-				-		-
FGuthrie	-				-		-
ViviennePricememorialfund	-				-		-
1978association	-				-		-
	60,175		(26,250)				33,925
Totalfunds	741,841		(733,706)		2,910		11,045

	2022	2021
	£	£
Membershipdeferredat1 January2022	468,492	42,000
Releasedtoincomeintheyear	(468,492)	(42,000)
Grantfundingreceivedinadvance	11,505	85,000
Membershipdeferredat31December2022	531,065	468,492
	542,570	553,492

26	Comparativesforthestatementoffinancialactivities(asrestated)
		Unrestricted	Restrictedfunds	Totalfunds
		funds
		Asrestated
		£	£	£
	IncomeandEndowmentsfrom
	Donationsandlegacies	523,094	60,175	583,269
	Charitableactivities
	Auditions
	Concerts
	Regionals
	Membershipfees	147,500	-	147,500
	Othertradingactivities
	Investmentincome	748	-	748
	Otherincome	10,323	-	10,323
	Total	681,665	60,175	741,840
	Expenditureon
	Raisingfunds	64,462		64,462
	Charitableactivities
	Residencies	625,655		625,655
	Auditions	17,338	-	17,338
	Concerts
	Bursariesandscholarships		26,250	26,250
	Regionals
	Total	707,455	26,250	733,705
	Netgainsoninvestments	2910	-	2,910
	NetIncome/(Expenditure)	(22,880)	33,925	11,045
	Transfersbetweenfunds	28,924	(28,924)
	Netmovementinfunds	6,044	5,001	11,045
	Totalfundsbroughtforward	573,093	122,650	695,743
	Totalfundscarrledforward	579,137	127,651	706,788