KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
Limited by guarantee
Company Registered Number 2737172
Charity Commission Reference Number 1013838
ANNUAL REPORT AND ACCOUNTS
Year ended 31 August 2024
CONTENTS
Page
Significant Information
Report of the Directors
2to6
Auditor's Report
7t09
Consolidated Statement of Financial Activities
10
Consolidated Balance Sheet
Consolidated Statement of Cash Flows
12
Notes to the Financial Statements
13to20
Detailed Trading Account
21

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
SIGNIFICANT INFORMATION
for the year ended 31 August 2024
The company is established as a company limited by guarantee and is registered as a charity with
the Charity Commission. The affairs of the company are governed by its Memorandum and
Articles of Association.
Company Registered Number 2737172
Charity Commission Reference Number 1013838
DIRECTORS
Mrs N S Garforth
Cllr A C Pinnock
Mrs H P Davies
Mr A J Harris
Mr B Jones
Mr M McKirgan
MrJMNunn
Cllr B Addy
Chair
PRINCIPAL
Mr N Dolling
Appointed 1 September 2023
REGISTERED OFFICE 9 Beast Market
Huddersfield
HD1 1QF
ADVISERS
Bankers
Barclays Bank PLC
17 Market Place
Huddersfield
HD12AB
Auditors
G L Barker & Co
47- 49 Austhorpe Road
Leeds
LS15 8BA
Financial Adviser
Simpson Wood (Financial Services) Limited
Bank Chambers
Market Street
Huddersfield
HD12EW
Solicitors
Schofield Sweeney
Centura
76 Wellington Street
Leeds
LS1 2AY

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
Company Registered Number 2737172
REPORT OF THE BOARD OF DIRECTORS
for the year ended 31 August 2024
The Board presents the report and financial statements of Kirklees Music School for the year
ended 31 August 2024. The statements appear in the format required by the Charities SORP (FRS
102) and the Charities Act 2011. The report and statements also comply with the Companies Act
2006. The company has no share capital and is a registered charity. The guarantee of each
member is limited to £1. The members are the directors of the company.
structure, Governance and Management
The governing document is the Memorandum and Articles of Association. It was last amended in
2024.
Kirklees Music School owns all the share capital of Musica Kirklees Limited.
Kirklees Council can nominate two of the directors. Other nominations are made by the existing
Board of Directors. On appointment a director is given an information pack that includes the
Memorandum and Articles of Association and the latest audited accounts. Training needs are
assessed and met.
The Board of Directors is responsible for the overall strategy of the company. The Principal is
responsible for the day to day management.
Kirklees Music School is committed to ensuring that we pay our staff fairly and in a way which
ensures we attract and retain the right skills to have the greatest impact in delivering our charitable
objectives. The appropriateness of the Principal's and other employees, remuneration is reviewed
annually, including reference to comparisons with similar organisations ensuring Kirklees Music
School remains sensitive to the broader issues e.g. pay and employment conditions elsewhere.
Objectives and Activities
Kirklees Music School is a music education charity and its principal activities are peripatetic music
tuition and ensemble provision at music centres.
Kirklees Music School aims to promote and support the highest quality music education for all.
The company exists for the advancement of public education in all aspects of music in the
Borough of Kirklees. Kirklees Music School aims to provide a safe and encouraging environment
where young people are nurtured and their achievements celebrated.
Kirklees Music School was appointed the lead organisation for the Kirklees Music Education Hub
by Arts Council England, for the year ending 31 August 2024. Music Education Hub funding is
spent in accordance with Arts Council England guidelines and supports the following priorities
from 'The Importance of Music: A National Plan for Music Education.,
Core roles
Ensure that every child aged 5 to 18 has the opportunity to learn a musical instrument
(other than voice) through whole class ensemble teaching.
Provide opportunities to play in ensembles and to perform from an early stage.
Ensure that clear progression routes are available and affordable to all young people.
Develop a singing strategy to ensure that every pupil sings regularly and that choirs and
other vocal ensembles are available in the area.
b)
d)

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
REPORT OF THE BOARD OF DIRECTORS
for the year ended 31 August 2024
Extension roles
Offer training to music teachers.
Provide an instrument loan service, with discounts or free provision for those on low
incomes.
Provide access to large scale andlor high quality music experiences for pupils, working with
professional musicians andlor venues.
b)
Kirklees Music School measures its success according to its fulfilment of the core and extension
roles.
Financial Review
The year has been spent continuing to recover from the impact of COVID-19 and building pupil
numbers and activities up to their previous levels. Core Arts Council funding was reduced by
£8,000 during the year.
After making appropriate enquiries, the Board considers that the company has adequate
resources to continue in operational existence for the foreseeable future. For this reason, it
continues to adopt the going concern basis in preparing the financial statements.
The result for the year and the Balance Sheet at 31 August 2024 represent a satisfactory outcome
in difficult circumstances.
Achtevements and Performance
Kirklees Music School was able to organise an increased number of concerts and events
compared with the previous year.
Ensemble music making, both at Music Centres and for the Kirklees Music School ￿ntral groups,
has always been a strength and ensuring that this remains the case is very important to us.
Concerts continue to be a main focus for the players at Music Centres along with active
involvement in their local communities. It is hoped participation at Music Centres can be revived
shortly to the levels we have traditionally provided.
Our recital teams and individual teacher demonstrations provide initial access to live music-making
for thousands of children in Kirklees and are extremely well received by teachers and children in
schools.
We work closely with all schools in Kirklees and request feedback on all areas of delivery such as
teaching and live music performances. Ne￿Ork meetings for Secondary Schools are organised
as well as Primary Hub Updates for Primary and First Schools.
The Hub Advisory Forum for appropriate Headteachers, Heads of music and other music
providers gives us further feedback for music in Kirklees. A strategic partnership, the West
Yorkshire Music Hub, also exists belween the music services in Kirklees, Bradford, Calderdale,
Wakefield and Leeds.
At a local level our partnerships with schools, colleges, parents and other bodies have
demonstrated the power of effective partnerships.

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
REPORT OF THE BOARD OF DIRECTORS
for the year ended 31 August 2024
Kirklees Music School has an established network of six music centres which are strategically
placed across the locality and which provide a range of activities from traditional string ensembles
and wind bands through African drumming to rock and soul bands.
The Company works closely with amateur choirs, bands and orchestras in the area, often
embarking on joint ventures and sharing the stage with them at concerts and events. Players
involved in First Ac￿sS at schools are encouraged to attend one of the beginner ensembles at
their local music centre.
Performance is seen as a vital part of making music and children are encouraged to perform on
instruments and vocally in order to celebrate the achievements they have made.
The central ensembles provide challenge for young people who wish to pursue their musical
interests to a higher level. There is a steady stream of young people who go on to study music at
Higher Education, both university and conservatoire.
Young people are encouraged to consider provision offered by centres for advanced training such
as Yorkshire Young Musicians in Leeds and Chetham's in Manchester. Kirklees has many
success stories in these areas and has also enabled many students to gain coveted places at
conservatoires across the country.
Kirklees has an excellent reputation for singing and over re￿nt years there has been a positive
drive to create partnerships to ensure that the excellence and diversity of our current provision
continues to flourish. Our First Access programmes include an emphasis on singing in order to
broaden the musical ski1Ss of young people.
Principal risks and uncertainties
The Directors have considered the risks facing the Company and believe the main risk is ensuring
there is continuing funding from the Arts Council, at an appropriate level. The Directors regard the
health and safety of children as being of paramount importance and ensure staff are vetted by the
Disclosure and Barring Servi￿.
Future developments
Repairing the damage caused by Covid-19 has been a big challenge. Maintaining and developing
our customer base is very important. Our plans for the coming year are designed to allow the
Company to build on the recent growth and to continue to function suc￿SsfUllY both as a deliverer
of high quality music education and as a company mindful of its responsibilities to its employees.
its clients and its future.
Our fundraising initiatives will continue to support bursaries for children with challenging financial
circumstances. This will be marketed under the title of 'the Gift of Music.,
We expect to develop our role as a major partner in the West Yorkshire Music Hub.
Public Benefit ststement
Kirklees Music School benefits the public by operating music centres and providing music
education to the young people of Kirklees. Discounts are made available to pupils in financial
hardship.

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
REPORT OF THE BOARD OF DIRECTORS
for the year ended 31 August 2024
The Directors have referred to the information contained in the Charity Commission's guidance on
public benefit when reviewing the Charity's aims and objectives and in planning future activities.
The Directors are satisfied that Kirklees Music School provides a public benefit in accordance with
the Charity Commission's guidance.
Dlrectors. responsibility for the Financial Statements
Company law requires the directors to prepare financial statements for each financial year which
give a true and fair view of the state of affairs of the charity and group and of the income and
expenditure of the charity and group for that period. In preparing those financial statements, the
directors are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP"
follow applicable accounting standards and Statements of Recommended Practi￿ without
any material departures"
make judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue to operate.
The Directors are responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and group and to enable them
to ensure that the financial statements comply with the Companies Act 2006 and the charity's
governing document. They are also responsible for safeguarding the assets of the charity and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial
information included on the charity's website.
Statement of disclosure of information to auditors
The directors of the company who held office at the date of approval of this Annual Report each
confirm that..
so far as they are aware, there is no relevant audit information (information needed by the
company's auditors in connection with preparing their report) of which the company's
auditors are unaware. and
they have taken all the steps that they ought to have taken as directors in order to make
themselves aware of any relevant audit information and to establish that the company's
auditors are aware of that information.
Reserves Policy
At the Balance Sheet date total reserves amounted to £1,057,987. Unrestricted funds amounted
to £1,054,316 and Restricted Funds (Gift of Music) amounted to £3,671.
In the opinion of the Board of Directors reserves amounting to at least six months running costs
are required. Reserves of at least £1,000,000 are therefore needed.
The Reserves Policy continues to be reviewed on a regular basis.

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
REPORT OF THE BOARD OF DIRECTORS
for the year ended 31 August 2024
Tangible Fixed Assets
The movements in the CoMpan￿S tangible fixed assets are set out in note 11.
Principal funding sources
The main source of funding in a normal year is from parents of children receiving music lessons or
attending one of the Kirklees Music School music centres. In these financial statements that
represented 450/0 of total income. Services provided directly to schools represented 15 % of total
income. A service level agreement with the Arts Council provided 37 % of total income.
Investment Policy
Kirklees Music School has a number of short and medium term challenges. During the year the
policy was to invest funds in a managed low risk fund.
Small Company Exemption
Advantage has been taken of the exemption for smaller incorporated charities conferred by the
Charities SORP (FRS 102) to prepare this report in accordance with the special provisions of the
Companies Act 2006 relating to small companies.
ON BEHALF OF THE BOARD OF DIRECTORS
LV- /Lb l.
N. S. Garforth
Director
Date

KIRKLEES MUSIC SCHOOL {Operating as MUSICA KIRKLEES)
INDEPENDENT AUDITOR'S REPORT
To the members of Kirklees Music School
for the year ended 31 August 2024
Opinion
We have audited the financial statements of Kirklees Music School (the 'charitable company,) for
the year ended 31 August 2024 which comprise the Group Statement of Financial Activities, the
Group and Parent Charitable Company Balance Sheets, the Consolidated Statement of Cash
Flows and the related notes, including a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally
Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the group's and company's affairs as at 31 August 2024,
and of the group's and the parent company's incoming resources and application of resources,
including its income and expenditure, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice.,
have been prepared in accordance with the Companies Act 2006 and the Charities Act 2011.
Basls for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK))
and applicable law. Our responsibilities under those standards are further described in the
Auditor's responsibilities for the audit of the financial statements section of our report. We are
independent of the charitable company in accordance with the ethical requirements that are
relevant to our audit of the financial statements in the United Kingdom, including the Financial
Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS (UK)
require us to report to you where..
the Trustees, use of the going concern basis of accounting in the preparation of the financial
statements is not appropriate" or
the Trustees have not disclosed in the financial statements any identified materia5 uncertainties
that may cast significant doubt about the charitable company's ability to continue to adopt the
going concern basis of accounting for a period of at least twelve months from the date when the
financial statements are authorised for issue.
Other information
The Trustees are responsible for the other information. The other information comprises the
information included in the Annual report, other than the financial statements and our Auditor's
report thereon. Our opinion on the financial statements does not cover the other information and,
except to the extent othemise explicitly stated in our report, we do not express any form of
assurance conclusion thereon.

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
INDEPENDENT AUDITOR'S REPORT
To the members of Kirklees Music School
for the year ended 31 August 2024
In connection with our audit of the financial statements, our responsibility is to read the other
information and in doing so, consider whether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwise appears to be
materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material misstatement in the
financial statements or a material misstatement of the other information. If, based on the work we
have performed, we conclude that there is a material misstatement of this other information, we
are required to report that fact.
We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report for the financial year for which the financial
statements are prepared is consistent with the financial statements.
the Trustees, Report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding and understanding of the charitable company and
its environment obtained in the course of the audit, we have not identified material misststements
in the Trustees, Report.
We have nothing to report in respect of the following matters in relation to which Companies Act
2006 requires us to report to you if, in our opinion; adequate accounting records have not been
kept or returns adequate for our audit have not been received from branches not visited by us", or
the financial statements are not in agreement with the accounting records and returns, or certain
disclosures of Trustees, remuneration specified by law are not made or we have not received all
the information and explanations we require for our audit, or. the Trustees were not entitled to
prepare the financial statements in accordance with the small companies regime and take
advantage of the small companies, exemptions in preparing the Trustees, Report and from the
requirement to prepare a Strategic Report.
Responsibilities of trustees
As explained more fully in the Trustees, responsibilities statement the Trustees (who are also the
directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view,
and for such internal control as the Trustees detemine is necessary to enable the preparation of
financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable
company's ability to continue as a going concern, disclosing, as applicable, matters related to
going concern and using the going concern basis of accounting unless the Trustees either intend
to liquidate the charitable company or to cease operations, or have no realistic alternative but to do
so.

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
INDEPENDENT AUDITOR'S REPORT
To the members of Kirklees Music School
for the year ended 31 August 2024
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are free frorn material misstatement, whether due lo fraud or error, and to issue an Auditor's
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guaranlee that an audit conducted in accordance with ISAS (UK) will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at-. www.frc.org.uklauditorsresponsibilities. This description
forms part of our Auditor's report.
Use of our report
This report is made solely to the Kirklees Music School members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006 and the Charities Act 2011. Our audit work has
been undertaken so that we might state to the companls members those matters we are required
to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by
law, we do not accept or assiime responsibility to anyone other than Kirklees Music School and it's
members as a body, for our audit work, for this report, or for the opinions we have formed.
¢97
Date
2a2
Martin Kna
Senior Statutory Auditor
For and on behalf of
G L Barker & Co LLP
Chartered Certified Accountants and Statutory Auditor
47 - 49 Austhorpe Road
Leeds
LS15 8BA
G L Barker & Co LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act
2006.

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 August 2024
(INCORPORATING THE CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT)
Notes
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Income and endowments from:
Donations
Investments
Charitable activities
Other incoming resources
190
9,700
1,895,189
92,913
1,557
1,747
4,447
9,700
5,923
1,895,189 1,780,079
92,913
64,240
Total incoming resources
1 997 992
1557 1999 548 1 854 689
Expenditure on:
Raising funds
Charitable activities
2,017,692
2,033 2,019,725 1,961,865
Total expenditure
2,017,692
2,033 2,019,725 1,961.865
12
Net unrealised gain - investments
45,094
45,094
Net incomel (expenditure)
(19,701)
(476) (20,177) (107,176)
Net movement in funds
25,393
(476)
24,917
(107,176)
Reconciliation of funds
Total funds brought forward
1,028,673
4,147 1,032,820 1,139,996
17
Total funds carried forward
1054 066
3 671 1057 737 1032 820
Under the provisions of Section 408 of the Companies Act, a separate statement of
financial activities for the company alone is not required.
All of the activities undertaken by the charity were continuing activities and no new activities
were acquired during the year.
There are no recognised gains or losses other than those in the Statement of Financial
Activities. Therefore, no Statement of Recognised Gains or Losses has been prepared.
The notes on pages 13 to 20 form an integral part of these accounts

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
Company Registered Number 2737172
CONSOLIDATED BALANCE SHEET at 31 August 2024
Group
2024
Group Company Company
2023
2024
2023
Notes
Fixed assets
Tangible assets
Investments
16,422
765,094
38,790
16,422
765,214
33,237
120
12
Total Fixed Assets
781516
781636
Current assets
13
16
Debtors
Cash at bank and in hand
25,356
286 653
312,009
28,246
1018417
1,046,663
25,356
28,246
286 653 1018 417
312,009 1,046,663
14
Creditors:
amounts falling due within one year
(35,788)
(47,080) (35,908) (47,200)
Net current assets
276 221
999 583
276 101
999 463
Net assets
1057 737
1032 820 1057 737 1 032 820
FUNDS
Unrestricted
Restricted
1,054,066 1,028,673 1,054,066 1,028,673
17
1057 737
1032 820 1 057 737 1 032 820
Approved by the directors and trustees on
their behalf by
signed on
N.S. Garforth
Director
The notes on pages 13 to 20 form an integral part of these accounts

KIRKLEES MUSIC SCHOOL {Operating as MUSICA KIRKLEES)
CONSOLIDATED STATEMENT OF CASH FLOWS for the year ended 31 August 2024
Unrestricted Restricted
Funds 2024 Funds 2024
Total
2024
Total
2023
Notes
Net cash provided by operating
activities
15
476
123 267
Cash flows from investing activities:
Interest from investments
Purchase of fixed assets
Transfer to investment fund
9,700
(3,200)
(720,000)
9,700
5,923
(3,200) (24,484)
(720,000)
Net cash provided by investing
activities
(713,500)
(713,500) (18,561)
Net cash provided by financing
activities
Change in cash in the year
731288
476
731764
141829
Cash at 1.9.23
1,015.060
3,357 1,018,417 1,160,246
16
Cash at 31.8.24
283 772
286653 1018417
12

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES
Basis of Accounting
The statement of accounts has been prepared under the historical cost convention in accordance
with the provisions of the Companies Act 2006, the Charities Statement of Recommended Practice
(FRS 102) and applicable accounting standards. Where necessary the headings laid down in the
Companies Act have been adapted to meet the special activities of the company. The company
qualifies as a small company under the Companies Act 2006. The Group accounts are the
consolidated accounts of Kirklees Music School and Musica Kirklees Limited.
Fund Accounting
General funds are unrestricted funds which are available for use at the discretion of the Directors
in furtherance of the general objectives of the company and which have not been designated for
other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed
by donors or which have been raised by the charity for a particular purpose.
Taxation
As a registered charity, the company benefits from rates relief and is generally exempt from
income tax and capital gains tax, but not from VAT. Irrecoverable VAT is included in the cost of
those items to which it relates.
Investments
Realised and unrealised gains and losses are taken to the Statement of Financial Activities.
Incoming Resources
All income is accounted for as soon as the Company has entitlement to the income and there is
certainty of receipt and the amount is quantifiable.
Resources expended
All expenditure is accounted for on an accruals basis. Where costs cannot be directly attributed
they have been allocated to activities on a basis consistent with the use of the reSoUr￿s.
Direct costs, including directly attributable salaries, are allocated on an actual basis to the key
strategic areas of activity. Overheads and other salaries are allocated between expense headings
on the basis of time spent.
Governance costs are those incurred in connection with the management of the Company's
assets, organisational administration and compliance with constitutional and statutory
requirements.
Presentstion currency
The presentation currency of the financial statements is the Pound Sterling (£).
13

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
Fixed Assets
Assets with a cost in excess of £1,500 intended to be of ongoing use to the Company in carrying
out its activities are capitalised as fixed assets.
All fixed assets are included at cost.
Depreciation of tangible fixed assets is provided at the following annual rates in order to write off
each asset over its estimated useful life.
Musical instruments
50 % Straight line
Fixtures, fittings and equipment 250/0 Straight line
Computer equipment
33,1 % straight line
Leases
Rentals paid under operating leases are charged against income as incurred.
Pension contributions
The company contributes to a defined contribution personal pension scheme for non-teaching staff
in addition to the defined benefit Teachers Pension Scheme for teachers. Kirklees Music School's
contributions to the scheme are affected by a surplus or deficit in the scheme, however, it is
unable to identify its share of the underlying assets and liabilities in the scheme on a reasonable or
consistent basis and has thus availed itself of the exemption permitted by paragraph 9 of Financial
Reporting Standard 102 to treat the scheme as a defined contribution scheme.
The assets of the schemes are held separately from those of the company in independently
administered funds. The amounts charged against income represent the contributions payable to
the schemes in respect of the accounting period.
OPERATING LOSS OF THE COMPANY
2024
2023
The operating loss is stated after charging:
Depreciation on tangible fixed assets
Auditorfs remuneration
20,015
8,400
30,037
9.300
During the year the auditors also received £474 (2023 - £462) in respect of non audit
services.
EMPLOYEE INFORMATION
2024
2023
The average number of full time equivalent employees during the
year was.
Directors
Support staff - music centres
Support staff - office
Teachers
30
47
27
45
14

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
EMPLOYEE INFORMATION - Continued
The average total number of staff (including part time staffj was..
Directors
Support staff - music centres
Support staff - office
Teachers
55
78
60
84
Stsff costs for all the above were:
2024
2023
Salaries and wages
Social security costs
Defined benefit pension
Defined contribution pension scheme
1,318,935 1,273,120
90,303
90,252
261,551
232,342
1729 179 1651255
No employee received a salary greater than £60,000. The Principal received total employee
benefits of £71,685 (2023 - £75.580), consisting of a gross salary of £57,000 and employer
pension contributions of £14,685.
None of the directors received any emoluments or expenses in respect of their services to
the company during the year.
DEFINED BENEFIT PENSION
The Teachers, Pension Scheme (TPS or scheme) is a statutory, unfunded, defined benefit
occupational scheme, governed by the Teachers, Pensions Regulations 2010 (as
amended) and the Teachers, Pension Scheme Regulations 2014 (as amended). These
regulations apply to teachers in schools and other educational establishments. including
academies, in England and Wales that are maintained by local authorities. In addition,
teachers in many independent and voluntary-aided schools, and teachers and lecturers in
some establishments of higher and further education may be eligible for membership.
Membership is automatic for full-time teachers and lecturers and from 1 January 2007
automatic too for teachers and lecturers in part-time employment following appointment or
change of contract. Teachers and lecturers are able to opt out of the TPS.
The Teachers, Pension Budgeting and Valuation Account
Although members may be employed by various bodies, their retirement and other pension
benefits are set out in regulations made under the Superannuation Act 1972 and Public
SeNice Pensions Act 2013 and are paid by public funds provided by Parliament. The TPS
is an unfunded scheme and members contribute on a 'pay as you go, basis - contributions
from members, along with those made by employers, are credited to the Exchequer under
arrangements governed by the above Acts.
The Teachers, Pensions Regulations 2010 require an annual account, the Teachers,
Pension Budgeting and Valuation Account, to be kept of receipts and expenditure
(including the cost of pension increases). From 1 April 2001, the Account has been credited
with a real rate of return, which is equivalent to assuming that the balance in the Account is
invested in notional investments that produce that real rate of return.
15

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
Valuation of the Teachers, Pension Scheme
The Government Actuary, using normal actuarial principles, conducts a formal actuarial
review of the TPS in accordance with the Public Service Pensions (Valuations and
Employer Cost Cap) Directions 2014 published by HM Treasury every 4 years. The aim of
the review is to ensure costs are recognised and managed appropriately and the review
specifies the level of future contributions.
Actuarial scheme valuations are dependent on assumptions about the value of future costs,
design of benefits and many other factors. The latest actuarial valuation of the TPS was
carried out on 31 March 2020. The valuation report was published by the Department for
Education on 27 October 2023, with the SCAPE rate set by HMT, applying a notional
investment return based on 1.70/0 above the rate of CPI. The key elements of the valuation
outcome are'_
Employer contribution rates set at 28.689/0 of pensionable pay (including a 0.08 /0
administration levy). This is an increase of 5 % in employer contributions and the cost
control result is such that no change in member benefits is needed.
Total scheme liabilities (pensions currently in payment and the estimated cost of future
benefits) for service to the effective date of £262,000 million and notional assets (estimated
future contributions together with the notional investments held at the valuation date) of
£222,000 million. giving a notional past service deficit of £39,800 million.
A copy of the latest valuation report can be found on the Teachers, Pension Scheme
website.
The result of this valuation will be implemented from 1 April 2024. The next valuation result
is due to be implemented from 1 April 2028.
The employer's pension costs paid to the TPS in the period amounted to £261,551 (2023..
£232,342)
Under the definitions set out in Financial Reporting Standard (FRS 102) Retirement
Benefits, the TPS is a multi employer pension scheme. Kirklees Music School is unable to
identify its share of the underlying assets and liabilities of the scheme. Accordingly, Kirklees
Music School has taken advantage of the exemption in FRS102 and has accounted for its
contributions to the scheme as if it were a defined contribution scheme. Kirklees Music
School has set out above the information available on the scheme and the implications for
the company in terms of the anticipated contribution rates.
DONATIONS
Unrestricted Restricted
Funds 2024 Funds 2024
Total
2024
Total
2023
Donations
190
INCOME FROM INVESTMENTS
Unrestricted Restricted
Funds 2024 Funds 2024
Total
2024
Total
2023
Interest receivable
16

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Arts Council
Other income
Music education - parents
Music education - music centres
Music education - schools
641,100
643,641
29,784
11,381
780,739
701,845
116,358
101,834
327 209
321 378
1895 189 1 780079
OTHER INCOMING RESOURCES
2024
2023
Pension grant
CHARITABLE ACTIVITIES EXPENDITURE
Unrestricted
Restricted
Funds 2024 Funds 2024
Total
2024
Total
2023
Grant funding
Governance costs
Music centres rent
Sheet music
Projects
Instrument repairs
Motor and travel
Wages
School liaison
Rent, rates and water
Heat and light
Property repairs
Cleaning
Telephone
Photocopier
Computer costs
Printing and stationery
Postage
Bank charges
Payroll charges
Legal
Insurance
Training costs
Marketing
Sundries
Depreciation
Bad debts
21,451
9,367
36,960
1,365
4,477
21,843
27,180
1,729,179
3,843
34,551
7,841
1,970
1,809
3,042
3,888
22.145
6,511
674
6,259
10,539
5,688
26,171
3,763
424
2,457
20,015
4,280
2,033
23,484
22,244
9,367
10,426
36,960
30,447
1,365
348
4,477
8,437
21,843
20,737
27,180
29,493
1,729,179 1,651,255
3,843
13,241
34,551
34,536
7,841
9,415
1,970
1,583
1,809
995
3,042
3,567
3,888
3,799
22,145
28,602
6.511
6,269
674
1,762
6,259
5,778
10,539
8,806
5,688
3,888
26,171
24,266
3,763
4,251
424
900
2,457
1,531
20,015
30,037
4,280
5,252
Total expenditure
2017692
2 033 2019 725 1961865
17

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
10
GOVERNANCE
2024
2023
Legal
Audit
Indemnity insurance
513
8,400
454
540
9,300
586
Indemnity insurance has been purchased to protect the charity, directors and officers from
loss arising from the neglect or default of the directors or other officers.
TANGIBLE FIXED ASSETS
Musical Fixtures and Computers
Instruments
Fittings
Total
Cost
Balance 1.9.23
Additions
Disposals
Balance 31.8.24
105,635
3,200
25,801
96,383
227,819
3,200
108,835
25,801
96,383
231,019
Depreciation
Balance 1.9.23
Charge for the year
Disposals
Balance 31.8.24
104,796
1,239
24,251
1,550
65,535
17,226
194,582
20,015
106,035
25,801
82,761
214,597
Written down value at
31.8.23
839
1,550
30,848
33,237
Written down value at
31.8.24
2,800
13,622
16,422
12
INVESTMENTS
Investment in subsidiary undertaking
2024
2023
Shares at cost
120
120
The subsidiary undertaking is Musica Kirklees Limited (company number 10289559). The
company is currently dormant.
Kirklees Music School owns all the issued share capital of the company. 120 Ordinary
shares of £1 each are issued.
The assets and liabilities of the subsidiary undertaking at 31 August 2024 were:_
Owed by parent undertaking
representing
Share capital
120
120
18

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
Investment in managed fund
2024
2023
Additions at cost
Unrealised investment gains
Investment management costs
Market value
720,000
57,503
(12,409)
13
DEBTORS
Group
2024
Group Company Company
2023
2024
2023
Trade debtors
Prepayments
12,125
10,511
12,125
10,511
28 246
28 246
14
CREDITORS
Amounts falling due
within one year:
Group
2024
5,092
Group Company Company
2023
2024
2023
9,825
5,092
9,825
120
120
Trade creditors
Owed to group undertaking
Accruals
35 788
35 908
15
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
Unrestricted Restricted
Funds 2024 Funds 2024
Total
2024
Total
2023
Net income for the year
(19,701)
(476) (20,177) (107,176)
Adjustments for..
Depreciation
Investment income
Decrease in debtors
Decrease in creditors
20,015
(9,700)
2,890
(11,292)
20,015
30,037
(9,700)
(5,923)
2,890
6,181
(11,292) (46,387)
Net cash provided by operating
activities
(17,787)
(476) (18,264) (123,267)
16
ANALYSIS OF CASH AND CASH EQUIVALENTS
Total
2024
Total
2023
No notice deposits
286,654 1,018,417
19

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
17
RESTRICTED FUND
The Gift of Music Fund has been set aside by the Directors to provide bursaries to children
with challenging financial circumstances.
2024
2023
Balance at 1 September 2023
Donations
Expenditure
Balance at 31 August 2024
4,147
1,557
2,033
3,357
3147
18
COMMITMENTS AND CONTINGENT LIABILITIES
At the balance sheet date there were no commitments for capital expenditure other than as
provided for in these accounts.
At the balance sheet date there were no contingent liabilities.
Annual commitments under non-cancellable operating leases are as follows..
2024
Land and
Buildin
2023
Land and
Buildin
Other
Other
Expiring in less than one year
Expiring between one year and five
years
18,500
2,880
18.500
2,880
20

KIRKLEES MUSIC SCHOOL (Operating as MUSICA KIRKLEES)
DETAILED TRADING ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
INCOME
Arts Council
Music education - parents
Discounts granted
Music education - music centres
Discounts granted
Music education - schools
Other income
Pension grant
Interest receivable
Donations
641,100
780,739
(17,174)
116,358
(4,277)
327,209
29,784
92,913
9,700
190
643,641
701,845
(16,665)
101,834
(3,222)
321,378
11,381
64,240
5,923
1,300
Total income
1,976,541
1,831,655
EXPENDITURE
Music centres rent
Sheet music
Instrument repairs
Projects
Travel
Wages
School liaison
Rent, rates and water
Heat and light
Propety repairs
Cleaning
Telephone
Photocopier
Computer costs
Printing and stationery
Postage
Bank charges
Payroll charges
Legal
Audit
Insurance
Training costs
Marketing
Sundries
Depreciation
Bad debts
36.960
1,365
21,843
4,477
27,180
1,729,179
3,843
34,551
7,841
1,970
1,809
3,042
3,888
22,145
6,511
674
6,259
10,539
6,201
8,400
26,625
3,763
424
2,457
20,015
4,280
30,447
348
20,737
8,437
29,493
1,651,255
13,241
34,536
9,415
1,583
995
3.567
3,799
28,602
6,269
1,762
5,778
8,806
4,428
9,300
24,852
4,251
900
1,531
30,037
5,252
Total expenditure
1,996,241
1,939,621
LOSS FOR THE YEAR
107 966
21