##
##
##
||||Page|
|---|---|---|---|
|Reference and administrative
details ofthe Charity, its Directors and advisers||||
|Directors' report|||2-10|
|Independent
examiner's
report||||
|Statement offinancial activities|||12|
|Balance sheet|||13|
|Notes to the financial statements|||14-29|
|The following pages do not form part ofthe statutory||financial statements:||
|Detailed income and expenditure|account|||
##
##
|Directors|||Gordon Williams,|Chair|Chair||
|---|---|---|---|---|---|---|
||||Geraint Howells,|Treasurer|||
||||Keith Harris, OBE||||
||||Isabel Newman||||
||||Mulika Sannie||||
||||Robert Fitzpatrick||(appointed|7 December 2020)|
||||Indy Vidyalankara||(appointed|7 December 2020)|
|Company
number|registered||02989656||||
|Charity registered|||||||
|number|||1045693||||
|Registered||office|77Watson's Street||||
||||Deptford||||
||||London||||
||||SE84AU||||
|Executive|director||Wozzy Brewster,|OBE, FRSA|||
|Independent||examiner|MHA Maclntyre|Hudson|||
||||Chartered
Accountants||||
||||Boundary House||||
||||4 County Place||||
||||Chelmsford||||
||||Essex||||
||||CM2 ORE||||
|Bankers|||Bardays Bank Pic||||
||||93Lewisham
High||Street||
||||Lewisham||||
||||SE136BB||||
||||CAF Bank Ltd||||
||||25 Kings
Hill Avenue||||
||||Kings
Hill||||
||||West Mailing||||
||||Kent||||
||||ME194JQ||||
||||Charity Bank Ltd||||
||||Fosse House||||
||||182 High Street||||
||||Tonbridge||||
||||TN9 1BE||||
##
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##
##
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##
##
##
|||DIRECTORS' REPORT|DIRECTORS' REPORT|DIRECTORS' REPORT|||
|---|---|---|---|---|---|---|
|||FOR THE|YEAR ENDED 31 MARCH|||2021|
|Cre8tiv||57students
aged 16+ participated||||The Cre8tiv
Choir was postponed|
|||in the Cre8tiv
Choir,||Music||from the Autumn
term until
MMC|
|||Production,
Keyboard||for||re-opens the building.
On-going|
|||Songwriting
evening||course and||partnership
with Laika Network.|
|||one-da|YouTube trainin||||
|CICAS: Creative||191young adults aged 16+||||On-going
demand
with increased|
|Industries|Careers|received|'one to one'|information,||users, including
other unregistered|
|Advice Service (pronounced||advice and guidance,||as well as||band members
and artists—|
|"Seekers")||access to resources,||marketing||registered CICAS
members|
|||support,|funding
advice &|||surveyed
(285) with 32%|
|||guidance,|industry
contacts and|||registered
with industry
bodies, up|
|||artistic development||||6%, 7xCICAS 31+ members|
|||||||registered
during
lockdown
and 64|
|||||||CICAS
alumni
part ofthe|
|||||||Creative Associate Professional|
|||||||programme|
|||CICAS|Podcasts —on our MMC|||Opportunity
for|
|||website
profiling
12Young||||CICAS
members
to feature
in an|
|||Entrepreneurs/Artists||||on-line podcast.|
|||CICAS|internships
for 2 young|||Continued
support for both Interns,|
|||pl'oducers||||Momoko
Gill —released debut|
|||||||single 'After the Dance'
in|
|||||||lockdown
for 'An Alien Called|
|||||||Harmony',
played on Worldwide|
|||||||FM and BBC6 Music, funded
by|
|||||||Help Musicians'
MOBO Awards|
|||||||and working
with Nadeem
Din-|
|||||||Gabisi on his Afrobeat,
Grime & Hi-|
|||||||Life project 'Pool' funded
by Help|
|||||||Musicians'
Do It Differently
Fund,|
|||||||and Anwar Louis —completed
his|
|||||||album and was introduced
to|
|||||||Secretsundaze
Studios. Working|
|||||||on promo and developing
his|
|||||||website.|
|Music Explosion Sessionsn'||A series of music business||||These sessions were supported|
|||seminars|covering
Label, Sync,|||by: Hospital Records —Nikki Ellis,|
|||Publishing,
Producing,||industry||Head ofLabel & Megan Bean,|
|||body support
and Being an Artist|||in|Head ofBusiness Affairs &Sync,|
|||lockdown|—99attendees|||and the Featured
Artist Coalition|
|||registered||||(FAC) - Charlie Deakin Davies,|
|||||||Chart-topping
Producer (Gary|
|||||||Barlow), Roxanne de Bastion, FAC|
|||||||Board member
& Artist, and Benny|
|||||||Bizzie, Artist.|
|Summer||1 xAYM|Sharing at the end ofthe|||Summer Showcase and mini|
|Showcase|&mini Sharings|Spring Term 2021 online with||||Sharings cancelled
due to|
|||students|and tutors only|||lockdown|
##
##
|Outreach|&Partnerships|8x bursary|awards to children|awards to children|awards to children|awards to children|awards to children||The Conservatoire
continues
to|
|---|---|---|---|---|---|---|---|---|---|
|||aged 11 -|16|to||attend The|||provide additional
bursaries
and|
|||Conservatoire|||in||Blackheath for||extended
bursaries
for former|
|||one-to-one|tuition||||over the period||bursary winners. Tom's Trust's|
|||ofone year|||||||investment
supports
the bursaries.|
|||Placements|and work experience||||||Postponed
due to lockdown
and|
|||from educational|||||establishments||the pandemic|
|||Deaf Rave|Music||||Production|&|Continued
to support Deaf|
|||Access programme
for Deaf young|||||||producers
and sign song artists|
|||people.|||||||with industry
introductions
to Fabric|
||||||||||Nightclub,
BPI Equality 8 Justice|
||||||||||Advisory
Group and CH Zl Rosso|
||||||||||International
Hip Hop Festival
in|
||||||||||Senegal,
plus SignKid was an|
||||||||||advocate for Deaf people during|
||||||||||lockdown,
interviewed
on the BBC|
|||Telegraph|Hill||Band Camp band||||Postponed
instrumental
workshops|
|||workshops|||||||during
lockdown
and awarded
2x|
||||||||||participants
with the Tom's Music|
||||||||||Bursary Award|
|||We Are Lewisham|||||Songwriting|for|Online songwriting
course for 12—|
|||Expression|8|Activism|||||18s|
|||The Inspiration||||Network —strategic|||Continued
progression
routes for|
|||partnership|with|||Impact 10, IRIE!|||young people into the creative
&|
|||dance theatre||and Lionbeat|||||cultural
industries,
supported
by|
||||||||||referrals
with one new member|
||||||||||organisation|
|||Creative Associate Professional|||||||The continued
development
ofa|
|||Group (CAPs):|||MMC graduates,||||strategic grass roots network
with|
|||alumni,
industry||||professionals||and|the capacity to record, release,|
|||associated|young||||entrepreneurs||publish
and distribute
new music;|
|||working together||||to increase their|||Patron Shingai released 'Too Bold'|
|||resources as||a|collective||||with single release ft. CICAS|
||||||||||member Jelly Cleaver,
Laura Lamn|
||||||||||released 'Come Home' album and|
||||||||||entered the Official Folk Album|
||||||||||Charts at No.16,Rebekah
Reid|
||||||||||signed a publishing
deal with May|
||||||||||Music Ltd and Steam Down|
||||||||||recorded their new EP|
|||Camberwell|Fair/MMC Takeover||||||Festival was postponed
due to|
|||in Southwark||borough|||||lockdown. Successful application|
||||||||||by the festival fora partnership|
||||||||||Artist-in-residence
programme
to|
||||||||||be delivered
in the summer
2021|
||||||||||with K.O.G, Tawiah,
Gaika and|
||||||||||CICAS
member
Shirie
Tetteh|
##
##
|REAL TALK three-part|REAL TALK three-part|REAL TALK three-part|REAL TALK three-part|REAL TALK three-part|REAL TALK three-part|series of|series of|The Rob Knox Story featured
clips|
|---|---|---|---|---|---|---|---|---|
|free talks||and discussions|||||focused|from the REAL TALK series, filmed|
|on reducing|||youth violence||||and|by Aaron Truss, won the London|
|promoting|||unity|||||Independent
Film Festival Beat|
|||||||||Feature Documentary
Award,
with|
|||||||||soundtrack
by CAPs member,|
|||||||||Devid Dell'Aiera's
band Taxi Joe|
|Association|||of|Independent|||Music|Partnership
organisation
with free|
|(AIM)||||||||access for CICAS
&CAPs|
|||||||||members
to AIM Sync Conference,|
|||||||||AIM Connected
Conference:|
|||||||||Business Tech and People, AIM|
|||||||||Academy webinars
and industry|
|||||||||intelligence|
|Featured||Artist||Coalition||(FAC)||Partnership
organisation
with free|
|||||||||access to webinars
and industry|
|||||||||intelligence,
plus artist|
|||||||||opportunities|
|London|Landmarks||||Half|||Race postponed
until Aug 2021|
|Marathon/MMC||||Takeover||||due to COVID-19.|
|SDS Entertainment|||||in Croydon|||Mentoring
the Directors, continued|
|||||||||online Bedroom Sessions for|
|||||||||artists, introduced
new Signature|
|||||||||60 project and new partnerships|
|||||||||with PUMA and ASBO Magazine-|
|||||||||BAFA UK Board member|
|BAFA UK||||||||Co-founded
the Black Association|
|||||||||for Arts UK led by founder,|
|||||||||Cleveland
Watkiss,
MMC Patron|
|||||||||Jazzie Band other Black industry|
|||||||||professionals
to establish
network|
|||||||||and opportunities|
|Homiman's|||Museum||&Gardens|||Working
in partnership
with the|
|||||||||Homiman's
Museum
and|
|||||||||participated
in the filming ofthe|
|||||||||696Artist-in-Residence|
|||||||||commission,
plus social media|
|||||||||promo|
|Lionbeat||||||||Partner with Lionbeat on the|
|||||||||development
ofthe zero-carbon|
|||||||||BASSISBIKES(audio &visual),|
|||||||||linking
with potential
additional|
|||||||||partners|
|RE:SOUND|||Lewisham|||||Songwriting
competition
in|
|||||||||partnership
with Lewisham
Council|
|||||||||Odd Motion and Apples
n Snakes|
##
##
||||Lewisham
Borough ofCulture|2022|MMC attended
meetings
on|the|
|---|---|---|---|---|---|---|
||||||Council's
commissioning
plans and||
||||||programme
schedule —developing||
||||||project concepts and partnerships:||
||||||Lionbeat,
Deptford
Ragged School||
||||||Archive and BAFA UK||
||||Hospital Records, Education|and|New industry
partnerships
creating||
||||Bass and One House Artists||athwa
o
ortunities||
|International|||Creative Knowledge
& Skills||On hold.||
||||Cultural
Partnership
—Mauritius||||
||||WOMEX Digital 2020||Participation
in online
networking
with a range of international
music||
||||||businesses.||
||||AIM British Council Pro Selector||Participated
in online discussions||
||||UK Latin America Cohort &||with representatives
from the||
||||Conference||music industry
in Venezuela,||
||||||Argentina,
Colombia and the|UK to|
||||||understand
the territories
and build||
||||||networks||
|Events|||The Breakout Club||Live music events postponed||
||||||during the pandemic
until further||
||||||notice.||
||||CICAS Sessions (15)x digital||Pre-recorded
performances
online||
||||events with an online audience of||supporting
31 artists to profile their||
||||2,942||music, hosted
by CICAS||
||||||member,
Ola Torch||
|Seminars,|Forums|8|The staff team engaged
with||Contribution
to panels,
local||
|Conferences|||various forums and events,||community,
and creative||
||||including,
Lewisham
Music, LEAN,||strategies, as well as raising|the|
||||BPI's Music Export Growth||profile ofthe charity. Extension of||
||||Scheme Board, English
Folk Talk||links and contacts within the||
||||panel, Artist 8 Manager's
Awards,||commercial
UK music industry
and||
||||London Remix Festival,
AIM||other creative industries.||
||||Awards,
MMC Music Manager||||
||||Accelerator programme
panel,||||
||||WAC Concerns Group, Reel Rebel||||
||||Radio, Rise Collective,
Trinity||||
||||Laban GoDigiTL Microgrant
panel,||||
||||UK Music Diversity Taskforce,||||
||||London Youth + more||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2021f|2021f|2021f|2020f|
|Income from:||||||||
|Grants, Trusts|and|donations||199,217|28,838|228,055|184,468|
|Course fees||||4,170||4,1?0|8,985|
|Event and venue
hire||||304||304|6,422|
|Bank interest receivable||||301||301|129|
|Other income||||7,767||7,767|5,809|
|Total income||||211,759|28,838|240,59T|205,813|
|Expenditure
on:||||||||
|Charitable
activities:||||||||
|Staff costs||||148,330|3,870|152,200|155,333|
|Project costs||||6,126|6,858|12,984|21,263|
|Office costs||||16,584|18,368|34,952|25,314|
|Publicity||||2,749|242|2,991|7,318|
|Music equipment||maintenance|||||1,084|
|Governance|costs|||4,7?7||4,777|4,858|
|Depeciation||||11,528||11,528|8,438|
|Total expenditure||||190,094|29,338|219,432|223,608|
|Other recognised gains:||||||||
|Net movement|in funds|||21,665|(500)|21,165|(17,795)|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||87,123|500|8T,623|105,418|
|Net movement|in funds|||21,665|(500)|21,165|(17,795)|
|Total funds carried||forward||108,788||108,788|87,623|
##
##
|||||2021||2020|
|---|---|---|---|---|---|---|
|||Note|||||
|Fixed assets|||||||
|Tangible assets||9||34,315||22,785|
|Investments||10||1||1|
|||||34,316||22,786|
|Current assets|||||||
|Debtors|||1,500||1,500||
|Cash at bank and|in hand||88,228||88,349||
||||89,728||89,849||
|Creditors: amounts|falling due within one||||||
|year||12|(15,256)||(25,012)||
|Net current assets||||74,472||64,837|
|Total net assets||||108,788||87,623|
|Charity funds|||||||
|Restricted
funds||13||||500|
|Unrestricted
funds||13||108,788||87,123|
|Total funds||||108,788||87,623|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Improvements
to rented|- 20years|
|---|---|
|property||
|Office equipment|- 4years|
|Music equipment|- 4years|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2021f|2021|2021|
|Donations|4,439||4,439|
|Grants and Trusts|182,589|28,838|211,427|
|In-kind donations|12,189||12,189|
||199,217|28,838|228,055|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2020|2020|2020|
|Donations|'i1,433||11,433|
|Grants and Trusts|157,438|10,750|168,188|
|In-kind donations|4,847||4,847|
||173,718|10,750|184,468|
##
##
##
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021f|2021f|2021|
|Arts Council England|grant||140,389|18,018|158,407|
|London Borough of|Lewisham|grant|38,200|1,000|39,200|
|Jack Petchey grant||||(500)|(500)|
|Tom Ap Rhys Pryce|Trust||4,000|10,000|14,000|
|Can you CIC it grant||||320|320|
||||182,589|28,838|211,427|
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2020f|2020|2020f|
|Arts Council England|grant||117,234||117,234|
|London Borough of Lewisham||grant|40,204||40,204|
|Jack Petchey grant||||750|750|
|Tom Ap Rhys Pryce Trust||||10,000|10,000|
||||157,438|10,750|168,188|
|Project costs||||||
|||||2021f|2020f|
|Trainee costs||||7,278|15,507|
|Travel and subsistence||||3,701|3,689|
|Documents
and material||||1,566|1,549|
|Training||||439|518|
|||||12,984|2'l,263|
##
##
##
##
##
|Office cos|ts|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Light, heat|and premises|||||12,133|11,001|
|Rent||||||74|719|
|Insurance||||||4,328|4,093|
|Postage and||stationary||||2,796|4,391|
|Telephone|and internet|||||14,482|2,640|
|Office equipment
maintenance||||||1,017|2,410|
|Bank charges||||||122|60|
|||||||34,952|25,314|
|Governance||costs||||||
|||||||2021|2020|
|Independent||Examiners'|remuneration|||3„672|3,600|
|Independent||Examiners'|remuneration|- Under-accrual|of prior year fees||172|
|Independent||Examiners'|remuneration|-Other fees||132||
|Professional|fees|||||973|1,086|
|||||||4,777|4,858|
##
##
##
##
##
|Staff costs||||||
|---|---|---|---|---|---|
|||||2021|2020|
|Wages and|salaries|||146,980|f48,889|
|Social security costs||||4,458|5,762|
|Contribution|to defined|contribution|pension schemes|762|682|
|||||152,200|155,333|
|2021|2020|
|---|---|
|No.|No.|
##
##
##
##
||Improve-||||
|---|---|---|---|---|
||ments to||||
||rented|Office|Music||
||propertyf|equipment
f|equipment
f|Totalf|
|Cost or valuation|||||
|At 1 April 2020|131,806|49,815|92,797|274,418|
|Additions||10,869|12,189|23,058|
|Disposals|||(4,476)|(4,476)|
|At 31 March 2021|131,806|60,684|100,510|293,000|
|Depreciation|||||
|At 1 April 2020|112,655|49,815|89,163|251,633|
|Charge for the year|6,590|679|4,259|11,528|
|On disposals|||(4,476)|(4,476)|
|At 31 March 2021|119,245|50,494|88,946|258,685|
|Net book value|||||
|At 31 March 2021|12,561|10,190|11,564|34,315|
|At 31March 2020|19,151||3,634|22,785|
##
|10.|Fixed asset investments|
|---|---|
||Cost or valuation|
||At 1 April 2020|
||At 31 March 2021|
||Net book value|
||At 31 March 2021|
||At 31March 2020|
##
##
##
##
||2021|2020|
|---|---|---|
|Due within one year|||
|Other debtors|1,500|1,500|
||1,500|1,500|
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|Trade creditors|||||9,393|3,053|
|Other taxation and|social||security||2,120|2,010|
|Other creditors|||||143|132|
|Accruals and deferred||income|||3,600|19,817|
||||||15,256|25,012|
||||||2021|2020|
|Deferred income|||||||
|At 1 April|||||9,550|14,738|
|Resources deferred|during||the year|||9,550|
|Amounts
released|from|previous||periods|(9,550)|(14,738)|
|At 31 March||||||9,550|
##
##
##
##
|Statement offu|nds|- current|year|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1|||Transfers|31 March|
||||April 2020|Income|Expendituref|in/out|2021|
|Unrestricted
funds||||||||
|Designated
funds||||||||
|Fixed asset fund|||22,T86|||11,529|34,315|
|General funds||||||||
|General
Fund|||64,337|211,759|(190,094)|(11,529)|74,4T3|
|Total Unrestricted||funds|87,123|211,759|(190,094)||108,788|
|Restricted funds||||||||
|Tom's Trust||||10,000|(10,000)|||
|Jack Petchey Foundation|||500|(500)||||
|NPO Emergency|Fund|||18,018|(18,018)|||
|London Borough|of|Lewisham||1,000|(1,000)|||
|Can You CIC it||||320|(320)|||
||||500|28,838|(29,338)|||
|Total offunds|||87,623|240,597|(219,432)||108,788|
##
##
##
##
##
##
##
##
|Statement offunds|- prior ye|ar|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at|||Transfers|31March|
|||1April 2019|Income|Expenditure|in/out|2020|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Fixed assetfund||26,377|||(3,591)|22,786|
|General funds|||||||
|General
Fund||72,891|195,063|(207,208)|3,591|64,337|
|Total Unrestricted|funds|99,268|195,063|(207,208)||87,123|
|Restricted funds|||||||
|Tom's Trust|||10,000|(10,000)|||
|Jack Petchey Foundation||750|750|(1,000)||500|
|StJames's Place Foundation||5,400||(5,400)|||
|||6,150|10,750|(16,400)||500|
|Total offunds||105,418|205,813|(223,608)||87,623|
##
##
##
##
##
##
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2021|2021|
|Tangible fixed assets|34,315|34,315|
|Fixed asset investments|1|1|
|Current assets|89,728|89,728|
|Creditors due within one year|(15,256)|(15,256)|
|Total|108,788|108,7&8|
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2020|2020|2020|
|Tangible fixed assets|22,785||22,785|
|Fixed asset investments|1||1|
|Current assets|89,349|500|89,849|
|Creditors due within one year|(25,012)||(25,012)|
|Ttl|87,123|500|87,623|
##
##
##
##
##
##
##
##
||||||2021f|2021|2020f|2020|
|---|---|---|---|---|---|---|---|---|
|INCOME|||||||||
|Grants|||||197,607||157,438||
|Trust income|||||13,820||10,750||
|Hire services|||||304||6,422||
|Course fees|||||4,170||8,985||
|Interest receivable|||||301||129||
|Donations
and other income|||||24,395||22,089||
|Total income||||||240,597||205,813|
|EXPENDITURE|||||||||
|Salaries|||||98,950||101,883||
|Casual and self-employed||staff|||53,250||53,450||
|Premises and office running|||costs||34,830||25,254||
|Trainee costs|||||7,278||15,507||
|Documents
and materials|||||1,566||1,549||
|Staff travel, subsistence||and|training||4,140||4,207||
|Publicity|||||2,991||7,318||
|Bank charges|||||122||60||
|Music equipment|maintenance||||||1,084||
|Depreciation|||||11,528||8,438||
|Governance
costs|||||4,777||4,858||
|Total expenditure||||||219,432||223,608|
|Net income/(expenditure)||for|the reporting|period||21,165||(17,795)|