REGISTERED COMPANY NUMBER: 02446126 (England and Wales)
REGISTERED CHARITY NUMBER: 1001474
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2024
for
Birniingham Contemporary Music Group
Locke Williams Associates LLP
Chartered Accountants
clo Blackthorn House
St Pauls Square
Birmingham
West Midlands
B31RL

Birnlingham Contemporary Music Group
Contents of the Financial Ststements
for the Year Ended 31 March 2024
Page
Report of the Trustees
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
8 to 9
Cash Flow Statement
10
Notes to the Financial Statements
11 to 21

Birniingham Contemporary Music Group (Registered number: 02446126
Report of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
reportwith the financial statements ofthe charity for the yearended 31 March 2024. The trustees have adopted
the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019)-
OBJECTIVES AND ACTIVITIES
Objectives and activities
The Charity was established to advan￿ the infomiation and education of the public by promoting and
developing the artistic taste, knowledge, understanding and appreciation of contemporary music and music
theatre. Its activities continue to achieve this objective, and this has remained unchanged throughout the year
under review.
The strategy employed to achieve the Charity's objectives is to undertake the major activities listed below:
The perfOrrnan￿ and promotion of concerts at the CBSO Centre and other venues
The commissioning of new work
Engagements in the UK and abroad
Broadcasting and recording
A wide-ranging leaming programme
Fundraising to achieve the above
Our Mission is to bring composers, musicians and aUdIen￿S together, in all their diversity, regionally,
nationally and internationally to celebrate the music of today and nurture the music and musicians of tomorrow.
We do this from our Bimingham base through an integrated programme of performances, commissions, and
learning activity, and by encouraging research, dialogue and the exchange of ideas.
Our core aim to commission and perform new work is shaped by our responsibilities to:
PRODUCE work to the highest quality standards;
BRING TOGETHER composers and audiences from all over the world",
PRESENT new music that is connected to the circumstances of today and to the music that came before
SELECT performance methods and venues that complement the music, enhance the audience
experience, and increase its accessibility.,
SUPPORT the next generation of musicians and composers through education, mentoring, and other
practical experiences.,
ENGAGE with young people and families., and
MAINTAIN a strong, financially secure organisation that has the stafFing, resources, and management
policieslpractices needed to achieve its mission and aims.
ENGAGE with young people and families., and
MAINTAIN a strong, financially secure organisation that has the staffing, resources, and management
policieslpractices needed to achieve its mission and aims.
Public benefit
In setting ourobjectives and planning ouractivities ourTrustees have given careful consideration to the Charity
Commission's general guidance on public benefit.
Page 1

Birniingham Contemporary Music Group (Registered number: 02446126
Report of the Trustees
for the Year Ended 31 March 2024
ACHIEVEMENT AND PERFORMANCE
Achievements and performance
The arts in the UK were badly hit by the pandemic years.. even after the lifting of restrictions, audiences were
understandably cautious over returning to live events- engagements and touring in the UK and abroad took
time to become re-established; and funding was limited when trusts and foundations and indeed the Arts
Council - had devoted substantial resoUr￿S simply to keep organisations going.
l am very pleased to say that the year under review presented strong eviden￿ of recovery. Our open-air
concert in Brindley Pla￿, Bimiingham - now an annual event - attracted some 650 people., a cross%enre
event led by the artist Haroon Mirza early in 2024 was sold-OUt', and visits across the UK resumed, including
to established partners in Kent, Bristol and Coventry, where the Cathedral has become a much-appreciated
BCMG venue. The ensemble made its first visit to the Tongyeong Intemational Music Festival in South Korea.,
and the composers Hollie Harding and Ben Nobuto immersed themselves in the Noh Theatre tradition in Japan
in preparation for Noh Reimagined in Birmingham.
It was a great pleasure to welcome the CBSO'S Music Director, Kazuki Yamada, to conduct BCMG and its
early-career training ensemble NEXT. We were very pleased that he was able to continue the tradition
established by his predetsssors and very much hope and plan that his involvement with BCMG will prove to
be a regular feature.
Since its founding in 1987, BCMG has developed a wide range of partnerships. We are grateful to the trusts
and foundations which have supported the Group's work. often over many years,. and express our warm thanks
for sustained support to Arts Council England. without whom it would not have been possible to build an
ensemble of international distinction outside London. The relationship with the BBC has also been of central
importance.. during the year, first perforMan￿S of works by Christian Mason, Daniel Kildane and Julian
Anderson reached a considerably wider audience thanks to BBC broadcasts. A more recent association
allowed BCMG to be involved in selecting the winner of the Voices of Black Opera's Samuel Coleridge-Taylor
Award. In October, the winner- Thando Mjandana-joined soprano Mimi Doulton with BCMG at the University
of Birmingham. A memorable event was conducted by Vimbayi Kaziboni. BCMG has built up a core group of
loyal supporters and it was gratifying to see some of these participating as performers on the metronome to
mark, in the Exchange Birmingham, the centenary of Ligeti's birth.
During the pandemic years, BCMG internationally recognised learning programme continued online. It is
gratifying to see it now retuffling to live workshops, regularly overbooked, and to schools, actively developing
good practice which can be a national model. Our action research project, Listen Imagine Compose Primary,
involving 500 children from 5 Birmingham and 3 Bristol primary schools, resulted in a printed Toolkit for that
behalf. Flourishl saw BCMG commissioning new works for youth and non-professional ensembles. The work
of the learning and participation team has been recognised overthe years, and Nancy Evans, the director, has
established an international reputation. Further recognition came during the year - BCMG won the National
Music and Drama Education Awards for ex￿llenCe in primarylearly years education.
BCMG was fortunate that it went into the pandemic years with - for an arts organisation - substantial reserves.
It now plans to rebuild these= a handful of generous supporters of the ensemble have helped create a
designated fund, which it is planned to build from year to year. This will give BCMG the security to continue to
innovate in its wide range of guises.
BCMG has an engaged and hard-working board who bring differing skills to the organisation. I record my
warmest thanks to my fellow board members for this commitment. In November. board members retired -
Lara Coffey, who brought in4epth knowledge of marketing,. and Aftab Rahman, who has a strong knowledge
of the arts and cultural sector in the West Midlands. We thank them most warmly for their service. During the
year, Sophia Johnson joined the board, bringing new expertise in the cultural sector. The board benefits from
the advice of ￿0 musicians. who are able to represent the views of the wider group of instrumentalists that
make up the ensemble. Melinda Maxwell and Anthony Howe bring invariably constructive suggestions and
these are valued.
Finally, the board records its thanks to BCMG'S small executive team under the inspirational leadership of
Stephan Meier. Karen Foster skilfully acted as executive director immediately post- pandemic, and during the
year handed over to George Lee who brings experience of working at three nationally recognised arts
organisations. We also welcomed during the year. Rabina Begum as Head of Finance., Rabina brings wide
experience of finance in the charity sector.
Page 2

Birniingham Contemporary Music Group (Registered number: 02446126
Report of the Trustees
for the Year Ended 31 March 2024
FINANCIAL REVIEW
Principal funding sources
The Company's principal funding sources were revenue grant income from Arts Council England of £325,535
(2023.. £325,535) and from City of Birmingham Symphony Orchestra of £12,08412023: £12,084); sponsorship
and donations of £165,851 (2023.. £300,289),. and earned income arising from charitable activities of £53,951
(2023. £79,540)
Results
Notwithstanding the continuing backdrop of cuts in the public fvnding of arts organisations and continued
financial pressure on grant-making bodies and individuals, the Company pursued an ambitious programme of
work that sought to demonstrate its commitment to innovation and excellence in artistic performance. The
Company's net deficit for the year after transfers was £15,909.
Reserves policy
The Charity is run in accordan￿ with a medium to long-tem financial framework of a balan￿d budget.
Therefore, whilst within any one financial year a surplus or deficit may be recorded, it is the Trustees, intention
that the Company will always be in a financial position to settle its liabilities as they fall due. For this reason,
whilst the Company's core grant and revenue funding is relatively stable, the Company operates a reserves
policy that seeks to protect against unexpected costs or shortfalls in project funding with respect to its artistic
programme.
Consistent with the last years, the Trustees have taken the view that reseNes should equate to three
months, support costs in the medium term. The general (unrestricted) reserves carried foNard at 31 March
2024 of £66,449 (2023. £82,358). meet this target. Free rese￿es, excluding fixed assets, were £62,449 (2023.
£74,205) of which £17,750 are designated. The Directors will continue to monitor the adequacy of reseNes in
the light of the Company's funding status and will replenish them as required over the medium term.
Reserves are set out in Note 18 to the Financial Statements.
Going concern
The financial statements have been prepared on a going con￿rn basis as the trustees believe that no material
uncertainties exist. The trustees have considered the level of funds held and the expected level of income and
expenditure for 12 months from the date of authorising these financial statements. The budgeted income and
expenditure is sufficient with the level of reserves for the charity to be able to continue as a going cOn￿rn.
FUTURE PLANS
2023-24, BCMG are looking forward enormously to premiere a double bill of commissions by Hilda Paredes
"Young Person's Guide to the Contemporary Music Ensemble" and Ondrej Adamek,. we'll send young British
composers Hollie Harding and Ben Nobuto to Japan experiencing Noh theatre in performances and
workshops, and premier their musical reactions "Noh Reimagined"
We will bring to life Joe Cutlerfs dark humoured chamber opera "Sonata for broken fingers" and Peter Eofvos,
long postponed melodram Secret Kiss with Meg Kubota at Wigmore Hall. We will celebrate in style Arnold
Schonberg's 150th birthday, and Pierre Boulez, centenary., we are looking foNard to another season's NEXT
cohort's contributions, and a rich Learning program.
We are pleased to welcome The Open University as our new long term partner.
Page 3

Birniingham Contemporary Music Group (Registered number: 02446126
Report of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Birmingham Contemporary Music Group is a Company and is therefore governed by its Memorandum and
Articles ofAssociation. The Company is limited by guarantee. The Directors of the Company are also members
and as such they guarantee to contribute to the assets of the Company, in the event of it being wound up,
such amount as may be required and not exceeding £1.
The Company is also registered as a Charity with the Charity Commission and is therefore subject to the
Charity Commission's rules. As a Charity, the Company, in the opinion of its Directors, complies with the
requirements of Section 60 of the Companies Names Act 2006 which exempts the Charity from the
requirement to include "Limited" as part of its name.
Recruitment and appointment of new trustees
The identification of suitable Trustees considers the skills required by the Board at the time. Trustees are
limited to serving terms of three years each.
Organisational structure
The Board of Trustees, of which the minimum number is two, governs the Charity. The board meets on a
formal basis at least four times a year. In addition, and where necessary, separate sub-committees are formed
as required to examine specific aspects of the Charity's work. The Board's responsibilities include the review
and approval ofthe quarterly and annual accounts. approval ofartistic plans and adoption of Company policies.
The Board appoints an Artistic Director who is also Chief Executive Officer. to manage the day-to-day
operations of the Charity.
Induction and training of new trustees
Each Trustee receives an induction pack and has an introductory meeting with staff. Each Trustee has the
right to receive training, at the Company's expense. in order that they may understand their legal obligations
and fulfil their roles. In addition. the Trustees are encouraged to meet the Company's employees and players
on a regular basis in order to understand the organisation better and thus facilitate the undertaking of their
duties.
Key management remuneration
The Board of Directors (Trustees) and the Chief Executive comprise the key management personnel of the
charity in charge of directing and controlling, running, and operating the charity on a day-to-day basis. All
Directors give of their time freely and no director re￿iVed remuneration during the year. The pay of staff is
reviewed annually.
Relationship with the CBSO
Vvhilst a separate organisation, the Company has a close working relationship with the City of Birmingham
Symphony Orchestra ("CBSO")'.
Several of the Company's players have contracts of employment with the CBSO.,
The Company rents office Spa￿ from the CBSO and the tsvo companies share many of the same facilities
provided by the CBSO.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees have a risk management strategy which comprises:
A periodic review of the risks which the Charity faces.,
The establishment of systems and procedures to mitigate identified risks-,
The implementation of procedures to minimise the impact of any risks which materialise.
Page 4

Birniingham Contemporary Music Group (Registered number: 02446126
Report of the Trustees
for the Year Ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02446126 (England and Wales)
Registered Charity number
1001474
Registered office
CBSO Centre
Berkley Street
Birmingham
West Midlands
B12LF
Trustees
K W Baird
J Chamberlain
L Coffey (resigned 17.11.231
A D Jackson
N Jonah
A Rahman {resigned 17.11.23)
G J Spruce
B R Winton
J C Cochrane
R J Hopkins
WPCBarry
S A Johnson (appointed 19.7.23)
Independent Examiner
Locke Williams Associates LLP
Chartered Accountants
clo Blackthorn House
St Pauls Square
Birmingham
West Midlands
B3 1RL
This report has been prepared in accordance with the special provisions of Part 15 ofthe Companies Act 2006
relating to small companies.
Approved by order of the board of trustees on 1211012024
and signed on its behalf by..
A D Jackson - Trustee
Page 5

Independent Examinerfs Report to the Trustees of
Bimiingham Contemporary Music Group (Registered number: 02446126)
Independent examinerfs report to the trustees of Bimiingham Contemporary Music Group {'the
Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 145{5) {b) of the
2011 Act.
Independent examinerfs statement
sin￿ your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Act., or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than
any requirement that the accounts give a true and fair view which is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
David Williams FCA FCCA
Locke Williams Associates LLP
Chartered Accountants
clo Blackthorn House
St Pauls Square
Birmingham
West Midlands
B3 1RL
Date. 14110/2024
Page 6

Birnlingham Contemporary Music Group
Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Grants and donations
470,484
19,984
490,468
637,908
Charitable activities
Box Office and performances
Learning and participation
Sector development
26,468
27,484
13.002
26.468
27.484
13.002
64,276
6,128
9,136
Other trading activities
Investment income
Other income
608
351
82.970
608
351
82,970
3,155
331
61,185
Total
621.367
19,984
641,351
782,119
EXPENDITURE ON
Raising funds
158
158
32,377
Charitable activities
Box Office and performances
Learning and participation
Recordings and media
Sector development
Commissioning
349,907
184,448
349,907
204,432
284,044
413,689
4,295
72,532
43,552
19,984
31,810
70,953
31,810
70,953
Total
637.276
19.984
657.260
850,489
NET INCOMEI(EXPENDITURE
(15,909
115,909)
{68,370)
RECONCILIATION OF FUNDS
Total funds brought forward
82.358
82,358
150,728
TOTAL FUNDS CARRIED FORWARD
66,449
66,449
82,358
The notes fomi part of these financial statements
Page 7

Birniingham Contemporary Music Group (Registered number: 02446126
Balance Sheet
31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
14
4,000
4,000
8,153
CURRENT ASSETS
Debtors
Cash at bank and in hand
15
133.901
3.616
133.901
3.616
169,827
11,930
137,517
137,517
181,757
CREDITORS
Amounts falling due within one year
16
(75,068)
175,068)
(107,5521
NET CURRENT ASSETS
62.449
62,449
74,205
TOTAL ASSETS LESS CURRENT
LIABILITIES
66,449
66,449
82,358
NET ASSETSI(LIABILITIES)
66,449
66,449
82,358
FUNDS
Unrestricted funds..
General fund
Designated fund
18
48,699
82,358
66.449
82,358
TOTAL FUNDS
66,449
82,358
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
(b)
The notes fomi part of these financial statements
Page 8

Birniingham Contemporary Music Group (Registered number: 02446126
Balance Sheet - continued
31 March 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 1211012024
and were signed on its behalf by=
A D Jackson - Trustee
The notes fomi part of these financial statements
Page 9

Birnlingham Contemporary Music Group
Cash Flow Statement
for the Year Ended 31 March 2024
31.3.24
31.3.23
Notes
Cash flows from operating activities
Cash generated from operations
21
196,694)
Net cash used in operating activities
44.383)
196,694)
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
(2,296)
331
351
Net cash provided byl{used in) investing activities
351
1,965)
Cash flows from financing activities
New loans in year
30.000
Net cash provided by financing activities
30,000
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
{14,032)
(198,659)
22
11,930
210,589
Cash and cash equivalents at the end
of the reporting period
22
2,102)
11,930
The notes fomi part of these financial statements
Page 10

Birnlingham Contemporary Music Group
Notes to the Financial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordan￿ with the Charities SORP (FRS 1021 'Accounting and Reporting by
Charities= Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021 (effective 1 January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland. and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be re￿iVed and the amount can be measured reliably.
For grants and donations to be recognised, the charity will have been notified of the amounts and the
settlement date in writing. If there are conditions attached to the donation and this requires a level of
performance before entitlement can be obtained then income is deferred until those conditions are fully
met or the fulfilment of those condib'ons is within the control of the charity and it is probable that they
will be fulfilled
Income from charitable activities includes ticket and fee income earned from undertaking performances,
engagements and recordings. Income is received in exchange for supplying goods and services in
furtherance of the charitable objectives and is recognised when entitlement has occurred.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably
by the charity., this is normally upon notification of the interest paid or payable by the Bank.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing
the charity to that expenditure, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on
an accruals basis and has been classified under headings thataggregate all cost related to the category.
Where costs cannot be directly attributed to particular headings they have been allocated to activities
on a basis consistent with the use of resources.
Costs are shown net of any recoverable VAT.
Allocation and apportionment of costs
Charitable activity costs include those direct costs incurred in the furtherance of the charitable actives
and are analysed between the significant activities undertaken.
Support (core) costs are those that assist the work of the charity but do not directly represent charitable
activities and include Offi￿ costs, govemance costs, administrative payroll costs. They are incurred
directly in support of expenditure on the objects of the charity.
Where support costs cannot be directly attributed to particular headings they have been allocated to
cost of raising funds and expenditure on charitable activities on a basis consistent with use of the
resources. Payroll costs been allocated to activities on the basis of employees involvement in each
activity and other overheads. including general marketing and governance costs, have been allocated
in proportion to incoming resources by activity.
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of
disseminating information in support of the charitable activities.
Intangible fixed assets
Amortisation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Page11

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Intangible fixed assets
Other intangible assets (Sofvare) - 33.￿ on cost
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Computer equipment
33 % on cost and 200h on cost
Office equipment
Musical equipment
33 % on cost
Taxation
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is
considered to pass the tests set out in Paragraph 1 Schedule 6 Finan￿ Act 2010 and therefore it meets
the definition of a charitable company for UK corporation tax purposes.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the statement of financial activities on a straight
line basis over the period of the lease.
GRANTS AND DONATIONS
31.3.24
31.3.23
Sponsorship and donations
Grants
152,849
337,619
300,289
337,619
490,468
637,908
Sound Investment
Charitable Trusts and foundations
General Donations and Gift Aid
Designated Fund Donations
8.010
112,094
14,995
17,750
19,124
249,217
31,948
152,849
300,289
Page 12

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
GRANTS AND DONATIONS - continued
Grants received, included in the above, are as follows..
31.3.24
31.3.23
Arts Council England, West Midlands
CBSO
325,535
12.084
325,535
12,084
337,619
337,619
OTHER TRADING ACTIVITIES
31.3.24
31.3.23
Sales of CDS, music scores etc
Other fees
608
1,655
1,500
608
3,155
INVESTMENT INCOME
31.3.24
31.3.23
Deposit account interest
351
331
INCOME FROM CHARITABLE ACTIVITIES
31.3.24
31.3.23
Activity
Box office
Performances
Learning & Participation
Sector development
5,706
20,762
27,484
13,002
3,369
60,907
6,128
9,136
66,954
79,540
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
Support
costs (see
note 8)
Totsls
Box Office and performances
Learning and participation
Sector development
Commissioning
234,990
70,358
9,465
23,068
114,917
134,074
22,345
47,885
349,907
204,432
31,810
70,953
337,881
319,221
657,102
Page 13

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
DIRECT COSTS OF CHARITABLE ACTIVITIES
31.3.24
31.3.23
Staff costs
Musicians, and artists, fees
cOn￿rt expenses
Commissioning
Marketing
44,396
167,323
90,121
20,700
15.341
69,592
133,224
256,553
51,459
22,661
337,881
533,489
SUPPORT COSTS
Management
Box Office and perfomiances
Learning and participation
Sector development
Commissioning
114.917
134.074
22.345
47.885
319,221
Support costs are those that assist the work of the charity but do not directly represent charitable
activities and include Offi￿ costs, governance costs, administrative payroll costs. They are incurred
directly in support of expenditure on the objects of the charity.
Support costs, included in the above, are as follows:
Box
offi
Leaming
and
and
Sector
perforMan￿S participation development
Wages
Social security
Pensions
Rent, rates and insurance
Other Office Expenses
Other
Depreciation of tangible and heritage assets
Auditors, remuneration
75,129
5,154
5,073
8,634
12,608
6,824
1,495
87.651
6.013
5.919
10,074
14,711
7,962
1,744
14,608
1,002
986
1,679
2,452
1,327
291
114.917
134,074
22,345
Page 14

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
SUPPORT COSTS - continued
31.3.24
Total
Commissioning activities
31.3.23
Total
activities
Wages
Social security
Pensions
Rent, rates and insurance
other Office Expenses
Other
Depreciation of tangible and heritage assets
Auditors. remuneration
31,304
2,148
2,114
3,598
5,254
2,844
623
208,692
14,317
14.092
23.985
35.025
18.957
4.153
137,894
16,861
19.094
22.843
35.372
42.197
7.362
3.000
47,885
319,221
284,623
NET INCOMEI{EXPENDITURE}
Net incomel(expenditure) is stated after chargingl(crediting)'.
31.3.24
31.3.23
Auditors. remuneration
Depreciation - owned assets
Independent Examination
3,000
7,362
4.153
1,950
10. TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31 March 2024 nor for the
year ended 31 March 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
Social security costs
Other pension costs
253,088
14,317
14,092
234,148
16,861
19,094
281,497
270,103
The average monthly number of employees during the year was as follows:
31.3.24
31.3.23
Management
Project stsff
Administration
13
Page 15

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
11. STAFF COSTS - continued
No employees received emoluments in excess of £60,000.
The total amount of employee benefits received by key management personnel is £98,468 (2023
£45,103). The charity considers its key management personnel comprise the board of directors, who
are the charity's trustees and are unpaid, and the senior management team.
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Grants and donations
436,439
201,469
637,908
Charitable activities
Box Office and performances
Learning and participation
Sector development
64,276
64,276
6,128
9,136
6,128
9,136
Other trading activities
Investment income
Other income
3,155
331
61,185
3,155
331
61,185
Total
574,522
207,597
782,119
EXPENDITURE ON
Raising funds
32.377
32,377
Charitable activities
Box Office and performances
Co-Promotions
Performances
Learning and participation
Recordings and media
Sector development
Core
Salaries - to be recoded!
Commissioning
284,044
284,044
182,744
4,295
72,532
230,945
413,689
4,295
72,532
43,552
43,552
Total
619,544
230,945
850,489
NET INCOMEI{EXPENDITURE}
(45,022}
(23,348)
(68,370)
RECONCILIATION OF FUNDS
Total funds brought forward
127,380
23,348
150,728
TOTAL FUNDS CARRIED FORWARD
82,358
82,358
Page 16

Birnlingham Contemporary Music Group
Notes to the Financial Ststements - continued
for the Year Ended 31 March 2024
13. INTANGIBLE FIXED ASSETS
Other
intangible
assets
COST
At 1 April 2023 and 31 March 2024
AMORTISATION
At 1 April 2023 and 31 March 2024
6,080
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
14. TANGIBLE FIXED ASSETS
Computer
equipment
offi
equipment
Musical
equipment
Totals
COST
At 1 April 2023 and 31 March 2024
85.318
13,362
58.010
156.690
DEPRECIATION
At 1 April 2023
Charge for year
77,688
3,892
12,839
261
58,010
148,537
4,153
At 31 March 2024
81.580
13,100
58.010
152.690
NET BOOK VALUE
At 31 March 2024
3,738
262
4,000
At 31 March 2023
7,630
523
8,153
All assets are used in direct furtherance of the Charity's objects.
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trade debtors
Other debtors
Prepayments and accrued income
178
10,882
122,841
16,350
153,477
133,901
169,827
Page 17

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
16. CREDITORS: AMOUNTS FALLING DUE ￿THIN ONE YEAR
31.3.24
31.3.23
Bank loans and overdrafts (see note 17)
Other loans (see note 17)
Trade creditors
Social security and other taxes
other creditors
Accruals and deferred income
5,718
30,000
28,576
3,482
1.292
6.000
69,479
5,237
1,167
31,669
75,068
107,552
17. LOANS
An analysis of the maturity of loans is given below=
31.3.24
31.3.23
Amounts falling due within one year on demand:
Bank overdrafts
Other loans
5.718
30.000
35,718
During the year the charity received a short tem loan of £30,000. The loan is repayable on demand
and is interest free.
18. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
Designated fund
82,358
(33,659)
17,750
48,699
17,750
82.358
15,909
66,449
TOTAL FUNDS
82,358
15,909
66,449
Net movement in funds, included in the above are as foll0v￿.
Incoming
resources
ReSoUr￿S
expended
Movement
in funds
Unrestricted funds
General fund
Designated fund
603,617
17,750
(637.276)
(33,659
17,750
621,367
(637,276)
{15,909)
Restricted funds
Donor specified
19,984
(19,984
TOTAL FUNDS
fA1,351
657.260)
15,909
Page 18

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
18. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
127,380
(45,022}
82,358
Restricted funds
Donor specified
23,348
(23,348}
TOTAL FUNDS
150,728
68,370)
82,358
Comparative net movement in funds. included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
574,522
(619,544)
(45,022)
Restricted funds
Donor specified
207,597
(230,945)
(23,348)
TOTAL FUNDS
782,119
850,489)
68,370}
Designated Funds
The funds will be fully used to support the activities of BCMG on special release by the board.
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
20. ULTIMATE CONTROLLING PARTY
The ultimate controlling paty is considered to be the Board of Directors.
Page 19

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
21. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31.3.24
31.3.23
Net expenditure for the reporting period (as per the Statement
of Financial Activities
Adjustments for:
Depreciation charges
Interest received
Decreasel(increase) in debtors
Decrease in creditors
115,909)
{68,370)
4,153
(351)
35,926
68,202
7,362
(3311
(64,4471
70,9081
Net cash used in operations
44,383)
196,694)
22. ANALYSIS OF CASH AND CASH EQUIVALENTS
31.3.24
31.3.23
Cash in hand
Notice deposits {less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one
year
640
11,290
3.616
5,718)
Total cash and cash equivalents
2,102
11,930
23. ANALYSIS OF CHANGES IN NET FUNDSI(DEBT)
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
Bank overdraft
11.930
{8.314)
5.718
3,616
5,718
Debt
Debts falling due within 1 year
30,000
30,000
30,000
30,000)
Total
11,930
44,032
32,102
Page 20

Birnlingham Contemporary Music Group
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
24. MEMBERS. GUARANTEES
The number and amounts of guarantees given by the members at 31 March 2024 were as follows:
Total
Maximum£
10
Number
10
Guarantees not exceeding £1 each
Page 21