REGISTERED CHARITY NIJM8ER: 1014942 rt oftheTrustees and Unaudited Flnanclal 5tstements for the Year Ended 51 December Z023 W15e Muslc Foundation MUS Chartered Certified Accountants 268 Bath Road Re8U5. Office 146 Slough SLI 4DX Wise Musk Foundation Contents of the Ftnanclal Statemen1$ for the Year En d 31 December 2023 Rewt ot the Trustees I to 2 Independent Examlnerfs Report Statement of FlnanclalActlvftles statement of Flnan¢tal P¢>sttlon Notes to the Flnanclal Statements 6 to 10 Detalled Ststernent of Flnanci81 Arti4rytles li W15e Musk Foundallon Report ofthe Trustees for the Year Ended 31 December 2023 Wise Music F¢)undation IPreviously known as The Music Sales Charitable Trust), which wa5 set up In 1992 by Deed dated 20th October 1992 with clause 8 as amended by Deed dated 8th April 2009 has contlnued to operate within its objects as lald down in clause 5 ofthe 2rth ortober 1992 Deed. OBJECTIVESANO ACTIVITIES Objèctives and aims Foll¢)win8 are the main alms and oblertlves of the Wlse Muslc Foundatlon (Prevlously known as The Music Sales CharltableTrustl: To relieve in cases of need hard5hipi di5tre5s, or illness or infirmity Ihowsoeverl of persons resldent In the United Kingdom and particularly person5 resident in London, Bury St Edmunds and wheresoever the Trustees in their di5cretlon shall declde. To fvrther the educatlon Ilncludlng soclal and physlcal tralnlngl of chlldren attendln8 schools In the United Kingdom and partknjlarly persons resident in London, Bury St Edmunds and wheresoever the Trustees in their discretion shall declde. Any charitable purposes for the benefit of the Inhabitants of London, Bury St Edmunds and wheresoever the Trustees In their discretlon shall declde. The trust's main activity is to ensure that it continues to fulfil its objectives by making donations to relevant operating organisations who will utilize the fvnding effectlvèly. ACHIEVEMENT AND PERFORMANCE The effectNeness of the Trust's work can be gauged by the continued sequence of appeals it recelves and growth of those they assist. FINANaAL REVIEW The Trust maintains a stable financial Posit￿n. During the year, it received 3 unrestrirted voluntary donatlons totalling £88,125 12022- £104,800). Total payments of £90,180 12022.. £108,622) were made in respert of 77 grants and donation512022: 601. Grants to institutions in excess of £5,000 were made as follows: Instltutlon EACH MSF St. Nlcholas Hosplte Care P40 of donatlons 5,OCYJ 5,000 5,000 Westminstersynagogue Other under £S,CKJO T