REGk8TEREO CHARITY NUMBER.. 8C002866 Roport TnMtsg1 and Urtaudlt•d Fln•nthl 51at•m•nts forth• Yur Endod 31 Mh 2022 Connn Fd• Bhanlgh CarnptrAryll stert MacLennan & Co Ch4rte AcrA)untanls Unit 3, Broom Place Highland IV51 9HL
Cgmann Fei¥ Bhamlgh Cont•nts of the FlnarKio18tatsmentg forthe Year End8(131 M•rth 2022 Report ofthg Tnmts•• 1 to 3 Inthpondenl Ex•nn81 Report st•t•rn•nt tsf Flnanelal Acll¥lil B•l•DGfj gh••t Nots• to th• Flnu¢l•l Stal•rywnts 7 to 12 D•t•lhd Ststam•nt of Fkn•nel•l A¢tlvll10• 13
Gomann FelN Bharralgh Report of th• Trnstee8 forthe Y•arEnded 31 March 2022 Tha trustees pres8nt thdr report wth the finanGlal stements of the charity fDr the year ended 31 Mard) 2022 Thè tru3tee8 have adopted the provish)ns of Aeeounting and Reporting by Charit8.. Ststomont of Recommendèd Practre applicabk to chants prepariTh9 their accounts in acxyjrdance wth the Financial RewrtirYJ Standard aoicabk in the UK and Republic of Ireland IFRS 1021 leffecti¥e 1 January 20191. OBJECTIVES AND ACTIVITI&8 ObJecUves and alm The ct)lecti3 of the Fei8 shall bè. To promote interest, edUGall and p8rtiupation In the tradition81 fflusic, language curture ol the GaidheattaLd, and paiticularfy those of the Islands of Barra and Vatersay and surrouThYing s8 85 defined by the Fei$ Committee. To plan, prtgramme arrange activits on its own iniliatNe, or with other loc41 mu&eal, art8 and educatbjnal societie$ and organisalions. To plan. pro9ramm8 pie5eni a) annual turtK)n resVal structsjred to hshli9ht the m1¢1, culural and gducatk?n obiectNe8 of lh¢ F¢i¥. PubllG b?nefflt The lulfilmenl of the ch8rty'8 objectiws rg8uIt8 in wblic benefit 10 the rowdents of Bsrna, Vatersay and tho wthr suffounding 8ré8. ACHIEVEMENT AND PERFORMANCE Charltabkn actlblts• Durlrg th¢ ye?r. Feis 8harraBh re¢4Mn9 and Te8tA'n9 ovents gftar the natiC81 bthdown K44rd1 2020. Even16 th¥1 took place through the year wre on a SMalr &r21e lItt addillonal 88fety Measu8. Fiddle, acrortllon dnd chanwr lessons continued online for pupils throughout the y¢ar. In &dditDn to thi¥ we h08ted a four w¢•k btginnern •ntar online in May 2021 to prowdo an OpprtuNY fer n•w pupll8 lo tske up th• Instwrrent. In May 2021. we 0150 hosted clar8ach workJh4)i with Janet Horbi8¢n. lftstead of the week Fe16 Wo look prEcauunary appro8¢h 8nd host•d gpeaalist rkshopS in FkYd, AcAX)rdion, Chgrt•f. Piping and Dandng throughout July These worf(8h¢JpB were 11 gttendeA and enjoyed by local children as w811 a5 childrBn vlsiting Baa aTrd V8ternay. An outside w1h In Caslebay 8quare in July 2021 eoncluded the Summer event$. In Dewrkner 2021 Feis Bh2rraigh succ8sfulty reeaive¢J Tr¥oir funding 8nd offérèd gurtor and 8inging Dnllne and In p8r80n. FINANCIAL REVIEW Prlnclpal fundlng •ourc The chanty prtncipal lunding Source18 iuilion fees and grants Th8 eharbty re&8Ned Incory 01£1,WO or greater Trom the fon9 cryani88ticffl$. £23,236 Fgnean nan Gaidheal188&tstèd by Creative So)tkaThJ. HrtIan8 and tslandj Ent•ffjse, Comhalrb nan Elan Si?rl £1,531 Comhairfe n8n Eiloan Sar Reserves pollcy 11 1$ tho policy ol th8 eharty that Unrestr8 funds thich have not been de$vJn8tèd for 8 speofic use ¥hould be maintained at a levèl equivalent to bemeen three and six month's endrtUre. The Ex8tiVe Committee consthrj Ihal reserve8 at this level will en8ure th81, in the event of a sBnifiL¥nt drop in funding, they will b• ab to Continue the charity's wrrent Aebvths while w$erAtIOn 1$yen lo ways In addrtional fund8 rnay be ralsed. Wilh rttstynce to the balanca sh8et at 31 Marth 2022, th• charity retained Untri fuTrJB of £41,836 12021 É43,87310l which free reserves £40,28612021- £41,71. Gokng ¢onwm After making 8ppropnat• ènquines. the tru$tee8 have a reasonable expectalon that the ¢harily ha5 adequate resource¥ to continue In operational exk%tence for Ibe breseeable futu. For thi8 reason they continu8 to adopt th¢ going ¢¥M baBi8 in preparing fin4nu81 ststements. FUTURE PLAPIS Oiherpl8nn•Y future d?lopmEntS Ml already mentiffièd Winter cèilidh sessions usiry Skype t¢ link up wth oth9r gTOU Devdopment of partnership5 to deliver luitv)n and help with adrninistralion More efficAenl biling systems to help pat$ and attain a m¢)0 regular inojmè Prov& opportunities forour pupils to play tOlher in music sessions. at lIIdhS and local esEnts DeVel0prnt of ¢JramA cJa18ach and step danc* classes Pagè 1
Cominn F•ls Bharralgh Report ofth Tru$tsg• fortho Y•ar ErKled 31 March 2022 STRUCTURE, GOVERNANCE AND M4NAGEMENT Governing docuffl•nt Comann Fels Bharraigh ¢5 a separately constituted unincorporated organi8ats.on that is set up to provhde a range of community benefits to the Iand8 of Bsrra and Vstèrsay The oryanisab'on wa9 first constituted in 1984. Recrultment and appoln¢m¢nl of newtru8lee• The management of the charity B the r88Wlslbility of the Tru&t88s who are èLgCted and undw the tems of Ihe TNst deed. OrgnlBalonal stru¢tur• It is rnanaged by its Exeewbve Committee who are re3pon3ible for rts rnanagem8nt, administrdtwjn and contrd. Th8 day lo day runniry 1$ the re8ponsibilrty of its 8dmini8tTator Members of the ExetAl Corrrfnrtt•é meet on a rg3uLwr ba515 and one.third of its members are subject lo reappoinlment gt its Annual Geneffjl ¥ting. K•y man•gom•nl MM•tIon The Iwtetss ar• the key m8n8gemÈnl PèTBonnèl olthe charrty. As stated in not8 to th¢ accoLmts, totsl tutor fees and adm1nratr8til fees pAid to tru8ta88 W88 £1.186 12021 £3,815) ThLg amount was paid to tnjstaa, D Jthnst0 (r)no4 2110%221. Wldgr n•iwoert The charity is a momber of Felsean nan Ga001. an InW•ndent Umbrel oatiOn olthe Fei8 *Th)veOnl REFERÉNCE AND ADMINIsTRATE DETAILS Regl•tsr•d Ch•Aty number scr3858 Indopenlenl Examiner Cafflpbell Stewart mLennan & Co Chart•red Attwntant4 Unit 3. 8room Place PDrtree Highland IV519HL STATEMENT OF TRUSTEES. RESPONSIBILmE8 The trustees are responsitl¢ for pwanng the Report of thè Tr18 and the finantitil statements in accord¥nce with applIcae law and United dern ACnb.n9 Sl8nd8rds Iuniterl ngdoM Gener81ty ACpted Ac£ounting Pra(#irI. Page 2
Comann Fei8 Bharral Rèport of the Trustees for the Y•ar Ended 31 M8r¢h 2022 STATEMENT OF TrUSTEES' RESPONSIBILITIES- contlnuéd The law applrAble to charites In Sctstland, Ihe Charttses and Trust8è Investtmnt (Scotlandl Act 2005. Charities £counts ISCO{1) Regulali¢)ns 2006 las an%ndèdl and the lx0510ns ol the ¢hariV$ constitution. requiras the Irusl•¢o to prepBr¢ fingncial statam8nts for each finan¢lal year whch oive a tru& and faK vw ol the slatè ol affalr5 01 the charity and of the incoming reg)uice5 and application ol resources, Sncludlw Ihe income arxl expendttyr6, of the ¢harty for Ihat perio¢. In preparing t$6 fin8n&al staternenLs, tre trustees are required to sekct suita¢ accounting p(Aidas and th8n 8ppty th8rn (siSt8n1y. obsgrv8 tho method5 and principl8s In the Charfty SORP., make ludgernents 85timat&s Ihat are reasonab arsd prudont-, prepare the financial 5tstgm8nt5 on the going conc8m basls Un5? It Is inapryoprfats to presume that the Gharlty WHI continue In bJslne¥. The trustses are re8pon$lbb for k4&plry propgr accounNng records which dlsclDS8 wtth roasonabl¢ 0CfYJTaw at any tim• th8 flnanual posltlon of the charfty and to enable Ihgm lo en8ure that th8 finandd slal&m8nt5 comply with Ihe CharS1ies and Tnjstee Investmènt Iscouandl Act 2005, Charitios Accounts (Scollandl Regulations 2006 las arnèndfjdl and Ihg provlsSons of the ¢h8dVs conslitut#Jn. They are aL%o rgsponsibb lor safeguarding the assets of lh8 harty and hence foT lakini ra8sonable stops for Ihe pr6vention and d8lection of fraud at)d other i¢r¢wlarrti86. order of11)è btrdid o! IIL>I¥oJs U¥1 rov6d b C2 and 6ign•d on tt• bah*lf by. Page 3
Indèpendent Examinerf8 Report to Iho Tru$tfjes ol Comann Feis Bharrabgh I report the actounts ftsrthé year ended 31 Marth 2022 set 00 pa9es fivè to tsvelve. Respective PonsfO111tlos tsf tru•ts¢$ and •xaminèr The tharrtls tnjsiees are sponSible for the preparats.on of the aUniS In aoxrdw¢x ¥bith the terms ol the Chanti¢s 8ryJ Trustee Investment (Scotlandl Ad 2005 and the Charities Acujunts Iscodandl Regulatson8 188 am•nd8dl. Thè eh8rbtyg trust¢es conshler that thè audit requirern8nt of Regulation 1011 Ila) lo Icl of the Accounts Regulations does Trot appty. It i8 my responsilIty to examine Ihe a[ts as r4uifed uTrJer See"on 44(1 Ilcl of the Act 8nd to 8tst& whether pa)ticukgrrnatter3 h8Va o)nk to my attenlbon. Ba$1• ofthe Indèpend9ntex•rnino1 repcrft My eK8minatlDn carned out in acmrd8n¢o with Regulat 11 ol the charit5 Accounts Iscotlarndl RegulBtions 2m6 An examination inducs 8 thiew ol the 8cwunlirvJ re¢ord$ kept by the chaThty and a ccmpari80n of the accounts present wth trose reLY)rds. 11 also indudes GDnsiderabon of any Ltnusual Item8 or d18d08uS Sn the ac£ount8, and Seeking explanatn$ frorn yj as trustees concerning any sueh matteryJ The pncèdurns undertaken do rot prDvide al Ihe evidÈnr thw tsuld be required in an aL1ft, conBgquently I do not expr&g8 an yudlt Lyin1c on view gwen by Ihe altounts IndopondontexamlneY• Itatsrnert In conneGon wlh my examinalion, no matter ha8 comg lo my attention .' 111 glves mg realonabk c8u8e lo tre1? Ihjt. in ony material [[Cl, the reqreMen to kèèp ac£ounbng CordS In alance wlth sect1 4411Xal ol the 2005 Ad and RegUlatIc 4 of the 2 ounis Regu1ation•'. and to prepare accounts ¥4ich acr accounllry recordj and lo 0pIY wrth ReGLlation 8 of tre 2fy)8 AcLount8 RegulaUon8 not twn m?t, or 121 to thich. In rny opinlon, att•ntlon ghtyJ b? drawn in order B prttw underslaTrJing of the a)untI to be reathed. Comptell start ML8nnan & Lo Chartered Accountants Unit 3. Breom Plac4 Portree HlghlaThd IV519HL Date.. Page 4
Cornann Fels Bharrnlgh ststementof Flnanclal AcvIt& forthe Year Ended 31 March 2022 3113122 Totsl fiJnd5 3113121 Total nd UnrestriLted fvThJs Restrithd funds INCCthIE AND ENDOWMENT8 FROM Donatio 9188 14.608 14.608 10.423 Charltablg acti¥itss PrDmob"on of nlwesl, aducalion and particyalon oIGaelic Iradicional music, lawuaoe and Culture on the Idand3 of BatTa & Valer8ay. 3.130 10,181 13.291 12,590 Totsl 17,738 10,161 27.8 23,013 ExpeNDrruRE ON Rai&ng funds Charltsble •¢llvltle• Pfomolion of Inlttesl, education and path'potion of Gaelic tr8drtion81 mu8i¢.18nguaoa and cjjiiure on Ihg Ilar*8 ol Barm & Valersay. 19,769 7.287 27.056 17,057 Tot41 19,775 7,287 27.062 17,057 NET INCQMEiiexpENDITUREI 12,0371 2.874 837 5,956 RECONCIUAnON OF FUND8 Tctal fvnds brought foThYgrd 43,873 41.848 85,721 79.765 TOTAL FUNDS CARRIED FORWARD 41.8 44,722 86,558 85,721 The notesfLYm part of these finanaal statenwnls PagE S
Comann F¢18 Bh*rd9h Balance Shgét 31 Idar¢h 2022 3113122 Totsl funds 3113121 Tot funds UnrestriGted funds ReslrKt¢d funds Ncles FIXED ASSETS Tawible assets 1.550 2.087 CURRENT ASSETS Debtcrfs Cash at bank 650 42,012 650 88.106 1.05Q ,905 48,094 42.662 46,094 88.756 95,955 CREDITORS Amounts falllng due vllhln rx)e year 12,3761 11.3721 13,7481 112,3211 NET GURRENT ASSETS 40,286 44.722 85,008 83.634 TOTAL A8SEfs LESS CURREKf LIABILmE¥ 41,836 44,722 88,558 85,721 NET ASSETS 41.836 86,558 85.721 FUN08 Vnre5trktèd fuftds Restrlcled funds 41.838 44.722 43,873 41,848 TOTAL FUND$ 86,558 85,721 taiem¢nts were approved by the Boord of TNst••$ and authorf58d ts Iu8 and were slgned on Its b•haWby'. on Th8 notes form part of theeo finandal statamonts Page 6
Comann Fols BhaTralgh Note5 to tho Flnanclal Stat8rnsnts lor the Year Ended 31 PlarGh 2022 ACCOUNTING POLICIES Ba818 of preparing th• fln¥n¢ial Statsments finartial slatenn15 of lh8 tharity. which 15 a public tsÈnefit entrty under FRS 102, have been prepered in aCan1% wrth the Chanbe3 SORP IFRS 1021 'A(o)unting and Reportin9 by Chanttes. Ststement of Recommended Practic8 applicJle lo charitb8& praparing Ihalr accounts in acCOrdar with the Finanry RÈportlng Standard applicable in the UK and Republic of Irdand IFRS 1021 leffectNe 1 January 2019Y. Finano8J Reporttiig Standard 102 The Finanoal Reporbng Standard applicable in the UK and Repthlic of Irgland, and the Ch8rits and TnJ$tg8 Inv•$tmenl {sendI A¢# 20D5. Tr finanual SI8tents h8v• been prepared under the historical LX)St (XJnv¢nlon. Incomo All Inccme is recognSsed In the St8temant of Fnanaal Acbviti8s On Ihe charity has erlement to Ihe fuTrYa. I 8 probabl¢ thal the ints)me will be received and Ihe amtrunt can be meawjred rèliab Expendbture Liabilities are rewgnised a8 oxp¢nditure ao soon a8 th? 18 a lèg81 or ry)n$lructDie obligalion ¢ommrtb'ng the tharity to that eynditure, rt 18 probabl8 that a transfer of èconomlc benefft8 wll bè requId In settlement arYJ the amount ol the obligation can be nasuffjd reliably Expenditure 18 8ccounted for on a¢cru818 baBis and has bn cla8sified under h8adings th91 Bggr8gato all eost related 10 thé ealegory crAts n01 b8 tjirectly attnbuted 10 partlcular headlng8 they have téen allocated to 8ctivilie8 on a basig conJi$lent 1th tht use ol resourc¢J. Tanglble flxed i••ets Depwci8lion is provided at the follow9 ¥nnu81 rat•6 In ordor to off •ith 1$8•t Cr its •stlmat•d u8eful Mueal In61rumonts & Uniforrns Offi equipment Computer equipm?nt 33% on redueing balanc 25% on r•ducing balance 25% on straight line T•xatJon The charity 1$ exempt from tax on its charitgblè Fund ccounllng Gèn8ral fuMs are unrestrrbd fund8 are ¥¥wl8b18 for u8• gt the dig¢y8tson of the TnJ•le•8 In fvrth¢¢ane• rthe goneral Obiectsv&8 of charfty and whlch havo not teen deggnateth for other PLKposes. Re8trictèd funds aTe fund$ which are to ba us•d in accordan wlh SFeufic re5tricton$ Imposed by donors or whith have been r8Hed by the charity fDI POrtiuJl8f PUIPg$gs. costs of raising and adminlstenn9 8uch are charged against the 8Frtlfic lund. Tl #nd u$4 01 oach r881th1 fvnd li lot out In notes to thé financial stalernerts A d•signal•d lurélo Ih•t part ef thè ehanty8 unr•stricted fvndy that Iho tharity trus¢ees hw decthd to eamart CT de$orKqte. for o partlcAJlar pulp0. Further e¥plan8bDn ofthe nature and purpose oy ea¢h fund Is Induded inth• notés to t1 flnancLql statements. TRUSTEES. REMUNERATION AND BENEFrr8 Durirs the year, om trLLslee 12021 four) retstived tutor fees 8mounling lo £1.168 12021 £3,815) urvjer the authority ol chaiityg consIrtutn which allM such yMentS to ba made. Trute•B' exp84 TIEre were no trLWte8s' expenses paid for the yaar end>J 31 Marth 2022 nor for the yettr ènded 31 Marth 2021. Page 7
Com&nn Fo1$ BharTaluh Nots• to the Flnan¢ial Stai•rn•nts- ConnUed forthe Year Ended 31 M•rch 2022 QOMPARATIVES FOR THE STATEMEp OF FIPIANCIAL ACTkvmES Unrestrthd fund$ Restricted fkThJ8 Total funds INCOME AND ENDOIMIENTS FROM Donations and l?98C4¢¥ 10,423 10,423 Ch¥rabl• a¥e9 Promoticn of interes( educats'on 8nd partiopation of Gaalrtradilional musi language and Cultu on the Df Barr8 & Vat6r39y. 2,411 10,179 12.590 Totsl 12,834 10.179 23,013 ExpeNOITURE ON ChJrttabl8 aCtlvltlo1 Promolim of Interest, eduealion and pwtiopHtion d Gaelic traditional mu6Ic, lanqua9¢ and euttur• on Iho of 8arra & Vatr89y. 11.328 5,731 17,057 NET WCOME 4,44 RECONCILIATION OF FUND8 Tgt*l fund• brought lorward AS prewouBty reported ior year adju8tmerit 39,365 37,400 76,785 3,000 Ai Mlatsd 42,365 37,4C 79.785 TOTAL FUNDS CARRIED FORWARD 43.673 41,848 85.721 EXTeiiNAL SCRUTINY 31.03.22 31.03.21 AmtyJnt8 p&d to Inthp•Tra8nt Examiner in respe ol.. Indop•nd8nt examlnatlon Aw)unts prep9rgtlc and oth8reerwc¢8 1,188 1,188 1,280 1,280 2.378 2.520 Page 8
Comann Fel$ 8hortlgh Ngt88 to the Flnan¢l•l Ststem•nts - continued forthe Year Endgd 31 Illarch 2022 TANGIBLE FIXED ASSETS Musical InslrurrEnt8 & Uniforms Office equipment Cornput8r equiFwnent TotaL8 C03T At 1 April 2021 AdditK)ns 39,280 222 44,314 2 At 31 March 2022 39,5 430 44,538 DEPRECIATION At 1 April 2021 Charge for year 37.228 750 4,569 430 42.227 At 31 Mareh 2022 37,978 4,578 430 42,9&3 NET BOOK VALUE At 31 March 2022 1,524 28 1,550 At 31 Mwch 2021 2,052 35 2,087 OEBTORS.. AMOUNTS FALUNG DUE wMIN ONE YEAR 3113122 3113r21 Otherdebtors 650 CREDITORS: Af•K)UNT8 FALLING DUE IMTHIN ONE YEAR 31nQ2 3113121 Othercrndito 3,748 12,321 MOVEMENT IN FUNDS Net movement in fvfid8 Transfe bBh%e8n funds At 1.4.21 31.3.22 Unro•trfctsd fund• Gonoral fvnd t*s&nated rn1¢ 04uipment DeJ4nated office équipment 40.392 3,446 35 11,2781 17501 191 1.172 11,1721 40,2e8 1.524 26 43,873 12.0371 41,836 R••trl¢tèd fund• Teènage weekend Media IDllow on da85 40th Anniversary celobrallon Treoir Music4an Programrne Goo¢Jwill payrmnts 838 420 39,0&5 838 420 39.085 4.379 4,379 11.505 1,505 41,848 2,874 44,722 TOTAL FUNDS 85,721 837 88,558 Page 9
Com&nn F•ls 6hanlgh Nots8 to th• Fin•ncthl Stst8rn•nts-eontinued lorth• Y•arEnd8d 31 ftsrch 2022 MOVEMepTr IN FUNDS- ¢ontlnu•d Nel movement in funds. ind(h1ed in the above are as fo11ow3'. Inc4)niry resDurceB Resour •XPorfed Movement in fund5 Unrestslcted fund¥ General fund DesKJnaled muBic wuiwenl Desgnated Olfi e(yJipment 17,738 {19.0161 17501 191 11,2781 ITS01 191 17,73 119,7751 12,0371 ReBtrfcted fund8 TreoirMu8iryan Ftograrnm? Goothll payrrent• 10.161 15.7821 11.5051 4,379 11.505) 10.161 17.2871 2,874 TOTAL FUND8 27.899 127,C621 837 Comparn¥0$ for mov•mnt In fund¥ PTfjor ye•r adju$lm•nt Nel ¢N¥ement In fijnds At 31.3.21 At 1.4.20 Unr••tslct8d fund• Genergl fvnd Dosynaled music equipment D•8vJnatsd offic4 owiprmnl 35.784 3,446 155 3,10 1,628 40,392 3,446 35 11201 39,385 1,508 43.873 Re•blct•d fund• Teenog• ekend M8dl8 folryw on dasB FKJdle group 40th AnAv•r8&ry Cebraon (Joodwill payment? 838 1,520 42 838 420 11,1001 1421 4.085 1.505 35,0 39,085 1.9)5 37,400 4,448 41,848 TOTAL FUNDS 76.765 3.000 5,956 85,721 Comp8rati¥e net rnovemenl in fvnds. Indudtcl in thè above are as followi. Ino)rning rns¢JJr(e& Reaourc•s •Kpandod DwenI in fund5 Unr••trfct•d fvndB G•neral nd tJesEnated Offi equipment 12,834 111,2C61 11201 1.V28 11201 12.834 I11,3) 1.508 Rtr5¢tOd funds Media follw on dasg group 40th Anniyernary cl•bration Goo¢4111 paynRnts 11,1001 1421 11,1001 1421 4,085 1,S)5 5.OCVJ 5,179 13,6741 10,179 15,7311 4,448 TOTAL FUNDS 23.013 117,0571 5,956 Po9e 10
Comann Fe15 Bhawrnlyh Not•$ to Financial Statem8nt8- contlnu8d rorthe Year Ended 31 March 2022 MOVEMENT IN FUNDS-¢ontinu•d A Cu[nIYear 12 months and pnor year 12 TTh)nlh8 e4mLIa posrtion 18 a8 folkM'. Prior Net yaaT movernent adiu8trrent in funds Transfer8 btheen fund8 At 31_3.22 At 1.4.20 Unrostriet•d lund$ General tsnd Oesgnatsd muslc equirment Oesignated office equipmertt 35,764 3,WO 350 1,172 40,286 17501 11,1721 1,524 155 11291 26 39.365 15291 41.8 Ae8trkt•d lund¥ T•enaye wkend Media follow on d•5S FkJle gr¢xJp 40th AnnN¢ffj8ry ¢ebbr•tioTh Trnoir Mugioa Pr¢gramme 838 83e 420 {1.1001 1421 42 3S,C 4.085 39,0 4,379 4.379 37.400 7,322 44.7 TOTAL FUNDS 76,765 3,000 6,793 8&658 A current year 12 months and prior y88r 12 month8 0)mbhed net mov•mTht In fundy. Ind8•d in th• are as folltrw8. Inwning r•¥oure•i Resourc4s •xp•nd8d Movement In lund5 Unr•itrfetsd fund• Gener81 fund 0¢8ignated music equipmÈnt 0•5ignaled office ewipnxnt 30,572 130,2rdi 17501 11291 350 17501 11291 30,S72 15291 ft•strfctd fund• m18 folow on dass F418 orwp 40th AnniverBary braOn Treoir Musician Programm Goc(tr4111 payments 11.11X)I 1421 19151 15,7821 15,1791 11,1001 1421 4.085 4,379 5,000 10,181 5,179 20,340 113,0181 7.322 TOTAL FUNDS 50,912 144,1191 6.793 Tth tharity had the hllowlng restrlctsd funds durlng the year. Te8nag8 weekend - For tho thairty to Wage ath"vrtieg a1 outrngs Thè rwnainiryJ ban of ths fijnd wl te expen¢Jed aftef thè yaar end. Modia folow on da55- Forthè Larty to spend on a media lolltrw on da$$. To be eypended afterthe year end. FpJ1 group - For thè charity to spènd on group fiddle &e58iDny. The remwning bala1 ol Ihk fvJTKI will tr •xpen(Jed 8ftèrthe year end. 40th Annlversary ¢¢bratiOn - the chaTity'8 4Dkn annNernary clebrnb"C8. The Cov-19 pandemic re$utttyJ in the ration having t¢ be poslpored. Page11
Comann F•ls Bhal9h Notè• tr> thg FinaneK•l Ststsm•nts- eondnu lorthg Y•ar Ended 31 March Z022 MOVEMENT IN FUNDS-continued Treoir MusDan - For the thariivs pro9r8rnrn¢ to extend opporknnTtie$ for young people agod O-25 to 8ThJ898 in musi¢ leaming. The baLgnc has beon oarried forward and will be expendad after the year end. Gtiothwdl payments - Goodh%ill payments to the thariW8 tu18 for providing SLPWt and clo5$9$ onlin• to 4tud8nts. fund was fully expendÉd duriro year. Trnn•l•r• b•tsw•n fund• Fund8 TNe for capil81 expendlture, have been fully expended In accord8n¢e wilh the tri)n Irnpogad have been tran8f•n8d lo unre8trided funds. These are attounted for as desnat funds in oruer to tTrek net book value of rélated assets. AELATEO PARfi DISCLOSURE3 Durirq Yr, ono tNitee 12021 fourl Cle¥¢d tutor kes amounting lo £1,168 12021 É3,8151 Ur01 the guthority of ¢harily'5 conslitution which all(M8 8uth psy[ to b• made. reslgned a8 a trt•• #nd b•carne th• charitY8 adrninlslrator In September During th¢ year, 2021. Durir¥J the Yea f85ty3nad a8 the charitls administrator kn starbar 2021 be¢9 trustee in March 2022. ULMMATE CONTROLLING PARTY Cornann F•18 8harfdgh 18 an unlneorporat•d organ$i•ll and rt govemed by board of trusaJ. Page 12
Compnn Fèls 8haTrlgh Detsiled Stst•m•ntof Financial Actlvttlos for tho Year Endèd 31 March 2022 3113r22 3113r21 INCOME AND ENDOYIMENTS DonatloDs •nd 1ogacl•s Donatsornry Grants 14,e07 10.418 14,608 10.423 Charttable a¢vitie• Tilltion fe88 aTrJ regtstration Grants 3,130 10,161 2,411 10,179 11291 12,590 Totsl Incoffllng rt•ourc 27,899 23,013 EXPENDITURE Oth•r tradlng a¢tlvlls Fundrairy expen¥¢¥ Charttabl• aelItI Tru3lees' tLrtor fe Ad¥8rtising TLrtor fee8 Travel And attommodatlon Sundry Ewnt Depn of music iratrument8 1,188 152 17,798 1,0 361 595 750 3.815 23 5.153 1S0 22,384 8upport¢o•t• Ihnagefflont AiJmini$tr8tor feeb oirieè e¢yJls Dapn of offic• equipmant D8w of computerequipm•nt 1,672 415 2,943 357 12 109 3,421 Go¥arnanc& ctr Aco)unlan 2.376 2,520 Total rnsources 8xpendÈd 27.C2 17,057 N•t lTh¢om• 837 Thi8 Page Th>t tom) part ofthe ststutory flnandal stat&nerts Pago 13