ANDEI RSONSTOWN TRADITIONAL & CONTEMPORARY MUSIC SCHOOL FINANCIAL STATEI IVIEI NTS FOR THE YEI AR ENDID 31ST MARCH 2024 ( A COMPANY LlITrIlTED BY CUARANTEI E AND NOT HAVING A SHARE CAPITAL) COIIqPANY REGISTRATION NUMBER N1036660 CHARITY REGISTRATION NUMBER NIC 103431 O'HARA SHEARER CHARTERED ACCOUNTAINTS AND STATUTORY AUDITORS 547 FIALLS ROAD BELFAST BTII 9AB
ANDIRSONSTOWN TIL4DITIONAL & CONTEI MPORARY EWIUSIC SCHOOL FINANCIAL STATEMENTS FOR THE YEI AR El NDII D 31ST IARCH 2024 CONTENTS Page Meinbei's and Pi'ofessioiial Advisors Ti'iistees Annual Repoi't (iiic ILiding tlie Stateinent of Dii'ectoi's Responsibilities in I'espect ot" finaiicial stateinents) Repoi't of tlie Independent ALid itoi's to tlie Meinbei's, 9-11 AccoLintingy Policies 12-14 Stateinent of Fiiiancial Activities (incoi'poi'ating tlie iiicoine and expenditiii'e accoun 15 Balance Sl)eet 16 Stateinent of Casli Flows 17 Notes to tlie Fiiiancial Statements l8-23
ANDERSONSTOWN TRADITIONAL & CONTEIMPORARY MUSIC SCHOOL REI PORT OF THE DIREI CTORS AND FINANCIAL STATEMEI NTS FOR THE YEAR EINDED 31ST MARCH 2024 OFFICERS AND OTHER INFORMATION Directoi's O Benson (Chaii-) V Quinii (Ti'easurer) P Toliill G Rajasingh Joseph N O'Donnell Di. D Rogei's (Resigned 05109120?4) Conoi. Mcl<ay (Appointed 1010312024) Compaiiy Secretai'y Conor Mclcay (Appointed 1210512024) Registered Office Westcoui't Centi'e 8-30 Bai-l'aclc Sti'eet Belfast BT124AH Aii(litors O'Hai'a Sliearei. Cliartei'ed Accounlaiils & Statutoiy Auditoi's 547 Falls Road Beltast, B T I19AB B4nkers Banlc of Ii'elund 202 Andei'sonstown Road Belfast, B T I19EB Company Registi'ation Number Nl 036660 Cliai'ity Registration Number XR 33007 ClJaR'ity Commission for Nortliern Ireland Registration Number NIC 103431 Registei'ed Cliai'ity Name Andei'sonstown Traditional & Conleinpoi'ary Music School Page I
ANDIRSONSTONfvTh TIUDITIONAL & CONTEMPORARY MUSIC SCHOOL FILNANCIAL STATEI MENTS FOR THE AR ENDED 31ST MARCH 2024 STATEI MENT OV ACCOUNTING POLICIES Accounting Coiivention 4qnd Basis of Accounting Tlie fiiiaiic ial stateinents have been pi'epai'ed iiiidei. tlie Iiistorical cost convention. Tlie fiiiancial stateiments have been pi'epai'ed in accordaiice witli Accounting and Repoiting by Cliai'ities: Stateinent of Recoinineiided Pi'actice applicable to cliai'ities pi'epai'ing tlieir accoiints in accoi'dance witli tlie Fiiiancial Repoi'tingr Standai'd wl) ich appl ies in tlie UIC and RepLiblic ot. Ii'eland (FRS I02) (effective l JaiiLiai'y 2015) (Cliai'ities SORP (FRS 102)), tlie Financial Reportingy Standai'd appl icable iii tlie UIC and RepLiblic of Ii'elaiid (FRS 102) and tlie Coinpanies Act 2006. Going Concern At the tiine of appi'oving7 tlie finaiicial stateinents, tlie ti'ustees, have a I'easonable expectation tliat tlie charity lias adeqLiate I'esoLlI'ces to continue in opei'atioiial existence for tlie foi'eseeable fiitui'e. TIILIS tlie ti'ustees, coiitinLie to adopt tlie goiiig concei'n basis of accoLinting in pi'eparing the financial stateinents. InLome Recognition IncoiT)e is I'ecognised wlien tlie Chai'ity lias eiititleinent to tlie fuiids, aiiy pei'foi'inaiice conditions attaclied to the iteiii(s) of inLoine liave been Inet, it is pi'obable tliat tlie incoiiie wil I be reLeived and tlie ainoiint can be IneasLlI'ed I'eliably. Interest Receivable Intei'est on t'unds lield is inclLided wlien receivable and tlie amoLllIt cali be IneasLlI'ed rel iably. tliis is norinal Iy Lipon noti frication ot tlie intei'est paid oi. payable by tlie Baiilc. Resources Expended Al l expenditui'e is accoLinted foi. on an accrLials basis and is classified undei, headings tliat aggi'eg7ate all costs related to the categyory. FLindraisiiig costs iiicliide tlie costs of advei'tisiiig, producing PLibl ications, pi'intingy and mailing fiindi'aising matei'ial, and staff costs iii tliese ai'eas. Costs of charitable activities include direct expend itLlI'e incuri'ed tlii'ough opei'ational activities. Govei'nance costs repi'eseiit tlie costs associated witli tlie governance ai'rangements of the chai'ity whicli relate to tlie genei'al I'unning of tlie cliai'ity as opposed to tliose costs associated with fuiidraising oi. chai'itable a¥tivity. Fixed Assets All tangible fixed assets are I'ecorded at cost. Page 12
ANDERSONSTOWN TRADITIONAL & CONTEMPORARY MUSIC SCHOOL FINANCIAL STATEMEI NTS FOR THE YEAR EI NDED 31ST MARCH 2024 STATEI MENT OF ACCOUNTING POLICIES Continued Depreciation Depi'eciatioii is calculated to wi'ite otf tlie cost of fixed assets ovei. tlieii. estimated iisefLII lives at tlie following rates., Office equipinent 33.33 % sti'aight line Repairs and Renewals All I'epaii's aiid I'eiiewals al'e wi'itten ot'f as incLlI'I'ed Pension Co.8ts Tlie chai'ity does cui'i'ently opei'ate a defined conti'ibLltion pension sclieine. Debtors and Prepayments Ti'ade debtoi's and otliei, debtoi's al'e I'ecogiiised at tlie settleiiient ainoLllIt dLie aftei. any discolint offei'ed. Pi'epayinents al'e valLied at tlie ainoLint pi'epaid net of any ti'ade discolints dLIe. Creditoi's and Provisions Ci'ed itoi's and pi'ovisions al'e recogynised wliei'e tlie cliai'ity lias a pi'esent obligration I'esLiltingy froin a past event tliat will pi'obably I'esu It in tlie tl'lK nsf Ll. of. fiinds to a tliii'd pat'ty and tlie (iinoiint dlie to settlL the obligratioii can be Ineasui'ed oi. estiinated I'el iably. Ci'ed itoi's and pi'ovisioiis are noi'inally I'eLogriiised at tlieii. settleinent ainount atlei. al loNvingy foi. any ti'ade discounts due. Financial Instruments Tlie Cliai'ity oiily lias tinaiicial assets and f iiiancial l iabi lities of a kind tliat qualify as basic fiiiaiicial iiisti'uineiits. Basic tinancial instrLiinents al'e in itial ly recogn ised at transaction valiie and subsequently Iiieasured at theii. settleinent valiie witli tlie exception of ban1< loaiis wliich al'e subseqLieiitly IneasLlI'ed at aimoitised cost using the effective intei'est Inetliod. Foreign Currencies Monetai'y assets and l iabi lities iii foi'eigii ciii'i'encies al'e translated into stei'ling at tlie l'ates of excliange ru ling at tlie balance slieet date, Ti'ansactions in foi'eign cui'i'encies al'e ti'anslated into sterling at the rate of exchange I'iil ing at the date of tlie ti'ansaction. Excliange diffei'ences al'e taken into account in arriving at tlie net moveinent in funds. Page 13
ANDEI RSONSTOWN TRADITIONAL & CONTEIMPORARY LWIUSIC SCHOOL FINANCIAL STATEMEI NTS FOR THE YII AR EI NDED 31ST MARCH 2024 STATEMENT OF ACCOUNTING POLICIES Coiitiiiiiecl Fund Accounting Uiii'esti'ioted fiinds al'e genei'al fLinds tliat al'e available for use at the Triistees, disci'etion in fLlltliei'ance of tlie objectives of tlie cliai'ity. Desigiiiated fiiiids al'e iinrestricted fLiiids set aside by tlie tl'LlStees oiit of Lini'esti'icted fiinds foi. specific fLItLlI'e PLirposes. Resti'icted fuiids al'e those given foi. Lise iii a partiCLilai' ai'ea oi. foi. specific pui'poses, tlie use of wliicli is I'esti'icted to tliat ai'ea oi. PLlI'POSe. Tlie iiicoine i'eceived fi'oin flindei's depends oli tlie cliarity Ineeting detailed ci'iteria oli expeiises plaiis. Gi'ants given Liiid¢r sucli coi)ditioiis al'e also giveii siibject to tliem beiiig obtaiiied foi. in coiiiiectioii witli tlie fui'tliei'aiice of tl)e oliai'ity's aiins aiid objectives. Siich iiiooine cali be I'epayable to tlie fLiiidei' if sucli e.xpeiises plaiis aiid ci'itei'ia are not Inet. SLicli iiiooine is only defei'i'ed wlieii tlie donoi. specifies tliat tlie gi.aiii/doiiatioii InLlSt only be used in fiitiii'e a¢coLlllting pei'iods, oi. tlie doiioi. lias iinposed ¢oiiditioiis wliicli InLlSt be iiiet befoi'e tlie cliai'ity lias Liiicoiiditioiial eiititleiiient. Iiicoine ti'oin cliai'itable activities iiicl Lides incoine I'eceived Lindei. coiiti'act oi. wliei'e eiititleineiit to gi'aiit fLiiiding is subject to specitic pei'foi'inaiice coiiditioi)s is I'ecogyiiised as eai'iied as tlie I'elated goodslsei'vices al'e pi'ovided. Gi'aiit iiicoin¢ iiicliided iii tliis catebyoi'y pi'ovides fLiiidiiigy to siippoit pei'foi'maiice activities and is I'ecogFiiised wliei'e tliei'e is eiititleiiieiil, cei'tainty of receipt aiid Ilie ainoLllIt can be IneasLlI'ed witli sufficient reliability, Iiicoine is defei'i'ed wlien,, feeslpei'foi'inaiice I'elated gi'aiits are received iii advaiice of tlie pei'foi'inaiicelevei)t to wliicli they relate. Reserves Policy Uiii'esti'icted fLinds al'e iieeded to pi'ovide fLiiids wliicli can be applied to specific pi'oje¢ts lo enable tliese pi'ojects to be Liiiderlaken at short iiotice, to covei. tlie I'iiniiiiigT Costs of tlie Cliai'ity foi, a liinited pei'iod slioLild tliei'e be a sigiiiticaiit slioitfall iii projected incoine, and to allow for ii)vestinent iii Cliaiibye/Slrategic Developineiit iiiitiatives. Tliis policy is CLlI'rently undei. I'eview, Page 14
.4INDERSONSTOII'N TR.IDITIONI AL & co'T[l NIPOII,IRY I,ILI,SIC SCIIOOL sTATE,[ENT ()r r4 INI ANCI,IL IlCTlVI'I'I rs the iiic(bme Aiid e roR THE YCAR fi NDF,D 31ST [ARc.H 21124 eiiditui'e accoiint Uni'estriL'teil Resti'icted EDd(i)vnment TOT.KL TOTAL riuiids Fi uiid5 2024 2D23 IN'OTEI S IINCOIllE AND ENDoNvNfvlEiNTS FROII., Donations and lega¢ies li)Lonie Iroin investiiients 357 357 1,045 28.926 69,874 98.800 134.747 TOTIIL IINCONIL IKND £1 NDoW1N,1[4 INTS 29,283 6l),M74 99,157 135,71)2 XPEI INDITURI ON: ExpeiiditiiiE on I'aising fiiiids E"Ypenditiii'e on cliai'itablL Qctivities OtliLr e.XPLndilui Nel gdiii¥l(lts%%Ls) on invesli)i¥nls 38,518 88,469 126,987 116,610 TOI'¢KL RLSOLIRCII S EI XPENDED 38,518 88,469 12(1,987 116.610 i [1 T IIYc()lI,:l{cYpc4 NDITURL) 11),2311 (27,831I} 1(),1112 Ti'aiibl¢i's1)¥tii(gen fuiids NEI T INIOIIE4 INIEN'T IIN FIJIND 11),23f I 127,8311) 11),182 Rfi CONCILlèlTIOP4 or riUiNDS T()TAL I", IINDS IIIIOUGI.IT fioRIVAIID 35,73(1 31.510 ()7,246 411,11()4 TO'I'AL FUNDS CARIIIED fiolIIVIlRD 12 39,41C) 67,246 yliilLmciit iifTiitiil RoLngniyLhd (J41ins Iin(l Lo¥ycy Iiiiy niit lieen pi'epiiri'(I All lif the iibuve iiinnvnly I'Lliit¢ lo cvnlirtiiliig h¢ilvltlL% Pag¢ 15
ANDERSONSTONVN TIIADITIONAL & CONTEI LMPORARY MUSIC SCHOOL BALANCE SHEET AS AT 31ST MARCH 2024 2024 2023 NOTES FIXED ASSEI TS TangTible assets CURRENT ASSEI TS Debtoi's and pi'epayinents Cash at bank Casli on deposit Casli in liaiid 10 6,254 40,932 10,090 63,221 70 47,256 70 73,381 Ci'editors: lltnounts falling due Ivithin one year (7,841) (6,136) NET CURRENT ASSETSI(LIABILITIES) 39,415 67,245 TOTAL ASSETS LESS cuRT ASSETSI( LIABILITlfS ) 39,416 67,246 Creditoi's: amounts f4illing due aftei. more than one year NEI T ASSE4 TS/(LIABILITIEI S) 39,416 67,246 FUNDS: ENDOWNMEI NT FUNDS UNRESTRICTED INCOMEI FUNDS 12114 26,501 35,736 RESTRICTED INCOMI FUNDS 12115 12,915 31,510 39,416 67,246 Tliese financial statements wei'e appi'oved by the Ti'ustees on 29tli Noveinbei, 2024 and are signed on tlieir behalf by., VALE TREIASURER INN DATE 29th Novembei. 2024 The nccompllnylng llecountlng policies And notes form part of these finql llciqc I statements Page 16
ANDERSONSTOWN TRADITIONAL & CONTEMPORARY MUSIC SCHOOL STATELVIENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 NOTES CASHFLOWS FROM OPERATIING ACTIVITIEI S Casli geiiei'ated fi'om opei'ations 13 (22,289) 22,337 Net casli iiiflowl(OLltflow) fi'oin opei'ating activities (22,289) 22,337 Investing activities Investmeiit iiicoine Piii'cliase of tangible fixed assets Acquisitioii of iiiv¢stin¢nts Disposal of iiivestineiits Disposal of taiigible fi,xed assets Net cash from investing ilctivities Inci'easel(decrethse) iii casli nd cash equivaleiits in tlie year (22,289) 22,337 Casli and casli equivuleiits at tlie begiiining of tlie year 63,291 40,954 Cllsli and casli equlvalents at the end of tlie yeai. 41,002 63,291 Relatiiig to,. Cusli at baiik and in hand 41,002 63,291 Tlie AccomiJAnyliig A¢coiinting policies And Iiotes form pni't of tliese finiincifil statements Page 17
ANDEI RSONSTOWN TRADITION,KL AND CONTENqPOIL4RY IVIUSIC SCHOOL NOTES TO THE fiiNANCIAL STATEI fvlENI'S IOR TTrIE YEAR ENDII D 31ST MARCH 2024 I, DONATIONI S AND LEGACIES LTnresti'ieled Restricted Funds Funds Unrestricted Resti'ieteil Funds Funds 2024 2023 Donations Genei'al grants pi'ovided by govei'nnientlotliei. cliai'ities L¢gLi CILS 357 357 1,045 1,045 357 357 1,045 1,045 2. INCO1 FRONI I INVESTMEINTS Uni'esti'icted Restricted Fuiid5 Uni'esti'icled Restrieted FuTids 2024 2023 InLome li'oiii UK listed inveslinLnls Incoine fi'oin ¢asli 3. INcofvll fiRoftrl CHARITABLII ACTIVITIES ni'estricted Resti'ict¢ Fuiid5 Unresti'icted Restricted Funds 2024 2023 Arts CounLil ol Nortliei'n Ii'elaiid BBC CliildiL'n ii) NeLd B¢llasl City CoiiiiLi Arl8 and Busii)ess - BIuLPI'iiiI Pi'ogi'ainiiiL Arts lind Busi1i¢ss - McilLliinbT Ii)vL%li)iLniPI'obii'uiniii¥ Sci'Len Nl Cliiss ILLS SLI'VILL Provision Lxliiniiiiiliun ILeY 46,891 46,891 4(),71)1 2,500 49.791 2,500 27,000 3 ()L)o 21,919 27.000 3,990 21,91() 14,532 14,435 51111 1,710 21.273 1.710 21,273 28,354 28,354 14.532 14,435 580 572 572 28,()26 69.874 98,800 29.547 105,200 134,747 4. INCOlWlI fiR0[ OTHEI R TRADIIYG ACTIVITllI S Uni'e5ti'ieted Rosti'ictc(I Funds Unrestricted Resti'ieted Fiinds 2024 2023 Fundraising Page 18
ANDERSOINSTOWN TRADITIONAL AND CONTEIWIPORARY f*ltiSIC SCHOOL NOTES TO THE FINANCIAL STATII IWIEI INTS FOR THE YII AR II NDII D 31ST IIIARCH 2024 S. EXPEYDITURE ON RAISINI C FUNDS Uni'e5ti'icted Restricted Fuiids Fuiid5 Unresti'icted Restricted Funds 2024 2023 Proinolional and ftjndriiising costs 6. EXPENDITURE ON CHARITABLE ACTIVITIII S Uni'esti'ict¢d Re5trictcd Funds Unresli'icled Resti'icted Fuiids Fuiids 2024 2023 Wages and salai'iLS (See Note 81 Travcl Lostg Ai'lisliL Ll)sIs VLnuL hirL Exuniinalion lees ILiiibLI'sliip ILes Nlloi'ksliop and Llass Iniilerials 3,827 225 9.774 4,010 474 917 5U.O07 53,834 225 28,711 4.010 474 917 11,495 8() 8,243 3,7110 580 931 47,717 59,212 8() 26,880 3,700 580 )31 18,937 18,637 530 530 6,177 815 B15 oi'riLe lilout Re¢i'uilinLnt Losts 8uiidry L%i)enbes 6,177 377 1,475 230 607 1.475 121 21,609 75,351 96,960 27,109 66,354 93,463 Sui)i)oi'l Costs Aiiil Govei'niiiice eosts 1,081 192 447 1,081 2,219 447 8(?4 4.7()2 15,396 1,1125 1,50n 554 13 18(? 476 750 1,226 1,691 TelLI)IIoiiLl ciid inlei'nLI Repiiii'b InuinlLIiiii)L¢ C()VID. I () Slui'dgL cos15 2,027 8()4 4,71 4,5()() 1,025 1,500 864 8(14 3,()63 4,5()6 9(}() 44 3,6(13 IILnl Lind SLfviLLS Iiibui'JnLe Audit ILLS LeIllI iiii(l ulh¥r pi'oli5sionul tees Aiinual ILlui'n leL Buiik iiil¢iLs1 and LliiirgFL% WLbsltL supi)oi'l aiid IT suppoi'l DepiLLlci1inn (Nule Y) 4,51)6 )r)9 1,5UU 554 2,923 2,()23 13 13 18() 1,980 13 2,212 3,309 2,212 3,30() 16.909 13,118 30,027 15,811 7,J36 23,147 TOTAL EXPENDITUREI ON CHARITABLI ACTlVI'fiES 38,518 811,469 126.987 42,920 73.690 116,610 Page 19
ANDERSONSTOWN TIUDITIONAL & CONTEI MPORARY MUSIC SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 7. NET (OUTGOING)/ INCOIVIINC RESOURCEI S FOR THEI YEAR This is stated aftei. charging/(crediting) 2024 2023 Auditoi's reinLinei'ation Depi'eciation 1,500 1,500 3,309 8. SALARY COSTS AND EMOLUMENTS 2024 2023 Total stat't'costs wei'e as follows: Wages and salai'ies - Icey Inanagyeinent personiiel Wages and sal(ii'ies otliei. stat"t' Einployei. social secLirity costs - key Inanageinent pei'sonnel Einployei. social secLlI'ity costs - otlier staff Einployei. pension costs - l<ey Inaiiagreineiit pei'sonnel Eirployei. pension costs - otliei. staft. Einployei. social secui'ity costs - Stcltiitoi'y Matei'n ity Pay Recovei'able Employer social secLlI'ity costs - Employment Allowance 26,748 25,490 2,433 1,441 817 779 26,727 30,758 2,653 1,671 802 923 3,874) 4,322 53,834 59,212 The averc1ge montli ly nLiinber of einployees diiringy tlie yeai. was as follows: 2024 Number 2023 Number No einployees had einolu2neiits in excess of £60,000 (2023., £Nil) Trustees, remuneration and benefits Tliei'e was no ti'iistees, remunei'ation or othei. benefits foi. tlie year ended 3 1st Mai'ch 2024. (2023.. £Nil) Trustees, E¥penses Thei'e wei'e no trLlStees' expenses paid foi. the yeai. elided 31 st Marcli 2024, (2023.. £Nil) Page 20
ANDERSONSTOWN TRADITIONAL & CONTEMPOIURY MUSIC SCHOOL NOTES TO THE FINANCIAL STATII MENTS FOR THE YEAR El NDED 31ST MARCH 2024 9. TANGIBLE FIXED ASSETS Office Eqiiipmeiit Total COST As at I st Apiil 2023 20,381 20,381 Additions Disposals As at 31 st Maicli 2024 20,381 20,381 DEPRECIATION As at 1st Apiil 2023 20,380 20,380 Clicll'gye foi, yeai. Eliininated on disposal As at 31 st Mai'cli 2024 20,380 20,380 Net boolc valLie 2024 Net book valLie 2023 Page 21
ANDIRSONSTOWN TRADITIONAL & CONTEMPOIL4RY MUSIC SCHOOL NOTES TO THE FINANCIAL STATEI MEI NTS FOR THE YEI AR El NDED 31ST MARCH 2024 10. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Debtoi's Pi'epayineiits Refundiible deposits 3,590 1,414 1,250 8,260 580 1,250 6,254 10,090 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEI AR 2024 2023 Social secLlI'ity costs and otliei. taxes Acci'Lied expenses Defei'i'ed incoine 417 7,424 755 5,381 7,841 6,136 12. MOVEMEI NT IN FUNDS Opening Net Movement Biilance in Fuiids 2024 21123 Ovei'all fuiids 67,246 27,830 39,416 67,246 67,24C? (27,830) 39,416 67,246 13. RECONCILIATION OF OPERATING PROFIT TO NII T CASH FLOW FROM OPli RATING ACTIVITIEI S FROM OPli RATING ACTIVITIEI S 2024 2023 Opei'ating Sui'plus/(Deficit) foi. tlie year Depi'eciation Moveinent in debtoi's Moveinent in creditors Gain on investments (Pi'ofit)/Loss on disposal of Fixed Assets Investineiit income (27,830) 19,182 3,309 14 (168) 3,836 1,705 Net cash inflowl(outflow} from operating activities (22,289) 22,337 Page 22
ANDERSONSTOWN TRADITIONAL & CONTEMPORARY MUSIC SCHOOL NOTEI S TO THE FINANCIAL STATEMENTS FOR THI YEAR ENDID 31ST MARCH 2024 14. UNREI STRICTEI D INCOME FUNDS 2024 2023 Balance at I st April 2023 35,736 48,064 Incoining I'esoui'ces foi. the year Resoui'ces expended for the yeai. Ti'ansfei's between fLinds 29,283 30,592 (38,518) (42,920) Balance at 31 st March 2024 26,501 35,736 15. RESTRICTED INCOME FUNDS 2024 2023 Balance at I st Apri12023 31,510 Incoin ingr I'esoLlI'ces foi. the year Resoui'ces expended foi. tlie yeai. Ti'aiistei's between funds 69,874 105,200 (88,469) (73,690) Balance at 3 1st Mai'cli 2024 12,915 31,510 16. LEI GAL STATUS Andei'sonstown Ti'aditional and Conteinpoi'ai'y MLISIC Scliool is a Coinpany Limited by Guai'antee. Eacli meinbei. has agii'eed to conti'ibute £ l in the eveiit of a compulsoi'y winding up. Andei'sonstown Ti'aditional and Contempoi'ai'y Miisic Scliool is registered with The Chai'ity Coininission foi. Noitliei'n Ii'eland Chai'ity NLimbei' 103431. Date of registi'ation 17tli September 2015. Andei'sonstown Traditional and Contempoi'ary Music School is a recognised Cliai'ity witliin the definitioii ot. Section 360(3) Income and Coi'poi'ation Taxes Act 1970 by the Commissionei's of the Inland Revenue. Page 23