2024-12-31-accounts - Music For Change

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REGISTERED NUMBER: 03339187 (England and Wales) REGISTERED CHARITY NUMBER: 1063706

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025

FOR

MUSIC FOR CHANGE

(A company limited by guarantee)

MUSIC FOR CHANGE

CONTENTS OF THE FINANCIAL STATEMENTS for the Period Ended 30 June 2025

	Page
Company Information	1
Report of the Trustees	2
Statement of Financial Activity	7
Statement of Financial Position	8
Notes to the Financial Statements	9
Report of the Independent Accountants	15
Income and Expenditure Account	16

MUSIC FOR CHANGE

REPORT OF THE TRUSTEES for the Period Ended 30 June 2025

The Trustees present their report with the financial statements of the company for the period ended 30 June 2025.

Reference and Administrative Information

Charity Name: Music for Change Charity registration number: 1063706 Company registration number: 03339187 Registered Office And operational address: Fruitworks 77 Stour Street Canterbury Kent CT1 2NR

Trustees

Douglas Noble (appointed 7th February 2017) Mina Cullimore (appointed 21st January 2021) Heledd Wright (appointed 6th April 2023) Board Members Rosemary Escott (appointed 12th December 2010; resigned 1st March 2024)

Accountants

Hilary Adams Ltd Chartered Accountants 158 High Street Herne Bay CT6 5NP

Bankers

The Co-operative Bank Plc PO Box 250 Skelmersdale WN8 6WT

Page 1

MUSIC FOR CHANGE

REPORT OF THE TRUSTEES for the Period Ended 30 June 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

Trustees are appointed at the Annual General Meeting of the Charity, or by existing Trustees, to hold office until the Annual General Meeting. The Board of Trustees appoints trustees, and at any time there should not be less than two Trustees.

Induction and training of new trustees

All new trustees are given sufficient training to understand the nature of the charity and its aims. They are required to participate in training events to ensure that they are aware of both their legal and professional responsibilities under charity and company law. New trustees are registered with the Charities Commission and are provided with a new trustees pack in line with Charity Commission guidelines.

Organisational Structure

The Charity has its offices in Canterbury. A Board of Trustees governs the work of the charity as the decision-making body of the organisation, according to its Memorandum and Articles of Association. The Trustees meet on a quarterly basis to consider the current and future work of the Charity and make major financial and staffing decisions.

Members of the Board of Trustees are charity trustees as defined by the Charities Act. The company is limited by guarantee and Board members are also directors and are registered as such in accordance with the Companies Act. Board members can claim for reasonable expenses incurred in undertaking the Charity's business but they receive no remuneration or other financial benefit. All members of the Board have confirmed that they do not have, and have not had any beneficial interest in contact with the Charity.

The members of the Board of Trustees in the period ended 30 June 2025 were as follows: -

Douglas Noble Mina Cullimore Heledd Wright

Wider network

Music for Change is not part of a wider network.

Related parties

There are no related party transactions either in the current or previous year.

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 examined the major strategic, business and operational risks which the Charity faces, and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

OBJECTIVES AND ACTIVITIES

Objectives and Aims

Music for Change aims to advance the education of the public, particularly children and young people in schools and community groups, by the provision of music facilities, training and performance. We work with artists from all over the world to encourage the promotion and celebration of cultural diversity and the varied and rich heritages from across the globe.

Artists

Music for Change's team of regular artistic collaborators has a wealth of talent, knowledge and experience which enables us to deliver work of the highest quality. The artist's commitment, energy and focus have been exceptional and are a constant factor in future developments and the success of the organisation.

Page 2

MUSIC FOR CHANGE

REPORT OF THE TRUSTEES for the Period Ended 30 June 2025

OBJECTIVES AND ACTIVITIES - continued

Staff and Volunteers

Music for Change's staff team enabled the delivery of high-quality work through their dedication, loyalty and commitment. The charity's success over the past twenty-seven years is attributed to their sheer hard work and dedication. Over one million people have benefitted from their work and the Board of Trustees are eternally grateful for their efforts.

The charity is grateful for the unstinting efforts of its volunteers who are involved in service provision, administration and fundraising.

ACHIEVEMENT AND PERFORMANCE

Review of the activities during 2024

Music for Change aims to give people the opportunity to fulfil their creative potential whilst respecting and celebrating cultural diversity. We aim to promote equal access to, and provide varied opportunities for, public participation in music and the arts.

2024 marked Music for Change’s twenty-eighth and final year of operation. During the year the very difficult decision was taken to cease operating and wind up the Charity.

At the end of 2023 a significant strategic organisational development funding application was made to Arts Council England (ACE). This would have allowed for restructuring and development of new income strands to ensure the Charity’s sustainability. Funding for restructuring was identified by the trustees and manager as vital, and the application to ACE engaged with:

Responding to partnerships across schools and communities experiencing budget restrictions (impacting bookings) so a review of the charity’s programmes and website to attract a wider range of clients,
New ways of working with artists (including their involvement with having more of a leadership role in the charity), and
More efficient methods of administrative processes

However early in 2024 the charity’s key restructuring application to ACE was turned down.

As a result it was clear that the organization faced significant existential challenges. The trustees reviewed the financial situation, programme and contractual commitments with the team and considered the options. The manager resigned, but continued to be involved with some meetings and planning, showing significant loyalty and commitment in supporting the work of the organisation, artists, team, and trustees. In February, the trustees reviewed the Charity’s situation, commitments, and possible ways to move forward (including funding and engagement opportunities).

It became clear that the Charity was at risk of falling into insolvency, unable to meet its legal, statutory and contractual obligations. An example of this was not having sufficient cash available to deliver on a National Lottery ‘Awards for All’ grant funded programme working with older people though Age UK in Thanet.

Tom Andrews, the founder of the Music for Change charity, offered support and advice on the challenging situation, and this was sustained throughout 2024. He also referred the trustees to the ‘Decelerator’ organization, set up to support the many charities facing financial sustainability challenges in the very competitive, reduced and difficult third sector funding landscape. Decelerator advised the trustees on the options available and possible steps to take. Pro-bono legal advice was also sought by the trustees to establish clarification on the rights, responsibilities and potential legal processes regarding the Charity’s financial difficulties.

Having received professional advice and reviewed the situation the decision was taken on 6 March 2024 by the trustees to begin the process of the cessation of trading and closing the Charity. It was considered the correct course of action to avoid incurring additional liabilities, in line with the trustees’ duty of care.

Trustees took over financial management of Charity and worked closely over the following months with the two dedicated and loyal part-time staff to manage the wind up as well as meeting ongoing contractual delivery commitments with schools, community and other partner venues. Due to the hard work, commitment and professionalism of that small team, particularly in the context of a very difficult and stressful situation, those obligations were met.

Page 3

MUSIC FOR CHANGE

REPORT OF THE TRUSTEES for the Period Ended 30 June 2025

ACHIEVEMENT AND PERFORMANCE (continued)

All the freelance artists working with the Charity were informed personally of the decision by the trustees, by phone where that was possible and if not, by personal email. All partners, venue and customer organisation were also informed of decision. Redundancy notices were issued to the staff team.

Options for obtaining funding were considered to avoid the need to declare insolvency and immediately cease trading. An approach was made, initiated by the ex-Manager and with support of the staff team and trustees, to the Martello Trust to request for emergency funding.

In view of the undelivered Awards for All grant funded programme, the Trustees approached the National Lottery to try to resolve the situation. An offer was made to return part of the grant, and an amount ringfenced within the accounts, just under 50% of the total grant awarded.

On 27th May £20,000 emergency funding was awarded by Martello Trust. This funding was offered to the Charity to ensure delivery of booked programmes, meet organisational external liabilities, and to contribute towards redundancy payments for the staff. The staff team managed the delivery of the existing contractual programme commitments, including the bOing! Festival offer, timetabled for the August Bank Holiday. As this was the final contractual booking for Music for Change, this event was established as the date to mark the closing of the Charity, and the ceasing of trading at the end of that month.

On 25th July the National Lottery agreed to take partial repayment of the Awards for All grant, and on 19th August additional funding was secured from Canterbury City Council to help deliver the bOing! programme. Also the Accountants generously agreed to reduce outstanding fees owed to them. These financial offers of support, and the work of the team, prevented the need for the charity to declare insolvency and to work through a managed wind up process.

Online meetings were held with the team and artists to update on the situation and keep them informed of the process.

On 24th August a highly successful bOing! Festival programme was delivered, with 100s of people of all ages enjoying workshops and live music. This was programmed, developed and managed on the day by the team. A small event was planned to take place after the final act to mark the ending of the Charity and celebrate its many achievements. All artists and former staff were invited. A small gathering of artists, staff and trustees took place, with refreshments, memorabilia and project materials was on display, showcasing almost three decades of work. The attendees joined in a final song led by Geoge Fiawoo who had worked with the Charity from its inception. The Charity ceased trading on 31st August 2024.

Despite difficult circumstances, through the dedication and professionalism of the team, the organisation managed the delivery of inspiring projects and core work, meeting all commitments entered into alongside the process of winding up. These included:

Culturally diverse music, dance and storytelling workshops and performance We delivered workshops & performances, in education and community spaces, with children, young people and adults.
The Gulbenkian Theatre’s annual children and family’s festival, bOing! Music for Change programmed and managed a music programme at the annual children and family’s festival, bOing! (and has done so for many years). We presented a culturally diverse variety of music & dance workshops and performances. Music for Change received a commission of £4,500 to deliver a day of participatory workshops and performances for children & families on the August Bank Holiday at the University of Kent. All activities were free to audiences. All funds allocated in 2024.
Thurrock Schools Programme In partnership with the Royal Opera House, Music for Change delivered music and dance workshops for schools in Essex, reaching around children & young people in an area of Essex facing deprivation challenges.

Page 4

MUSIC FOR CHANGE

REPORT OF THE TRUSTEES for the Period Ended 30 June 2025

ACHIEVEMENT AND PERFORMANCE (continued)

Other Funders

Martello Trust

In May Music for Change received a grant of £20,000 to support the wind-up process, to help meet its liabilities and prevent the Charity slipping into insolvency. All funds allocated in 2024.

Canterbury City Council

In July Music For Change secured a Grant from Canterbury City Council of £2,500 to be used to support the delivery of the bOing! Festival. All funds allocated in 2024.

National Lottery Awards for All

In August Music for Change repaid £4550 to The National Lottery, the balance of the £10,000 Awards For All Grant that had been awarded in 2023. Because of the wind-up process it was not possible to deliver the Grant funded activity. The repayment was negotiated and agreed with the National Lottery, the balance of the grant having been absorbed to cover the Charities ongoing costs and longer available.

Small Grants

In January Music For Change received a grant of £500 from Local Giving Ltd and in July a grant of £1125 from the Canterbury Rotary Club.

We end our review of 2024 with particular thanks to:

Our funders:

Awards for All, Martello Trust , Canterbury City Council, Canterbury Rotary Club, Local Giving Ltd. and Hilary Adams Accountants for their support.

To our partners: The Gulbenkian Theatre & the University of Kent, Age UK Thanet, and the Royal Opera House.

Thank you to:

The dedication of our staff and artists, who continue to move Music for Change forward, and finally, to our trustees, who provide invaluable and essential support to the organisation.

Internal and external factors

The trustees have made full assessment of the internal and external factors and have not identified such factors that would materially impact on the presentation of these financial statements.

FINANCIAL REVIEW

Reserves Policy

It is the Trustees' policy to work towards holding the minimum reserves necessary to enable the charity to meet its commitments for a minimum of twelve months.

Investment powers

The charity's investment powers are governed by clause 16 of the Memorandum of Association, which permits the investment of monies not immediately required for its purpose in shares, funds, securities or other investments as may be thought fit.

FUTURE DEVELOPMENTS

As the charity Music for Change was closed at the end of August 2024, there are no further arrangements made. However, a selection of the vast catalogue of materials, resources, and evidence of experiences/impact the charity has built and developed has been gathered and stored. It is hoped that this archive will be displayed and shared as an example of excellent community engagement and global dialogue.

Artists

Throughout the almost three decades, we have supported our talented artists in the development of their skills, whilst coaching and developing new artists. As part of the final processes in closing the charity, meetings were held with groups of our artists. During these meetings, new ventures and potential ‘next steps’ were signposted and discussed.

Page 5

MUSIC FOR CHANGE

REPORT OF THE TRUSTEES for the Period Ended 30 June 2025

FINANCIAL REVIEW (continued)

Staff and Training

Music for Change has been committed to supporting the continuing professional development of staff. As the charity was being prepared for closure, staff were encouraged to maintain communication with artists and clients - this may potentially lead to a new and improved model of provision of global music education and engagement.

STATEMENT OF TRUSTEES RESPONSIBILITIES

Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period. In preparing those financial statements, the trustees are required to:

Select suitable accounting policies and then apply them consistently;
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 charitable company will continue its business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE TRUSTEES

Mina MPa Cullimore — – Trustee Date: 27 October 2025

Page 6

MUSIC FOR CHANGE

STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account) for the Period Ended 30 June 2025

Funds 2025 £ - 18,500 16,581 15 50 - - - - Unrestricted	Restricted Funds 2025 £ - 4,500 - - - - - - -	Total Funds 2023 £ - 17,560 19,246 15 18 11,587 - - -
35,146	4,500	48,426
- 20,932 -	- 12,194 - 12,194 -	- 59,179 -
20,932		59,179
-		-
14,214 (3,144) - 11,070 (10,968)	(7,694) 3,144 - (4,550) 4,550 -	(10,753) - -
		(10,753) 4,335
102		(6,418)

Movements in funds are disclosed in Note 13 to the financial statements.

The notes form part of these financial statements

Page 7

MUSIC FOR CHANGE (REGISTERED NUMBER: 03339187)

STATEMENT OF FINANCIAL POSITION 30 June 2025

			30.6.25			31.12.23
	Notes	£		£	£		£
FIXED ASSETS
Tangible assets	10			-			250
CURRENT ASSETS
Debtors	11		-		2,261
Cash at bank		125				-
		125			2,261
CREDITORS
Amounts falling due within one year	12		23		8,929
NET CURRENT ASSETS/(LIABILITIES)				(23)			(6,668)
TOTAL ASSETS LESS CURRENT
LIABILITIES				102			(6,418)
RESERVES	13
Restricted funds				-			4,550
Unrestricted funds
Income and expenditure account				102			(10,968)
				102			(6,418)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the 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 company.

These accounts have been prepared in accordance with the provision applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

17th Oct 2025

The financial statements were approved by the Board of Directors on were signed on its behalf by:

............................................. and

........................................................ Des Oe Douglas Noble - Director Pall— ........................................................ Mina Cullimore - Director

The notes form part of these financial statements

Page 8

MUSIC FOR CHANGE

NOTES TO THE FINANCIAL STATEMENTS for the Period Ended 30 June 2025

1. STATUTORY INFORMATION

Music for Change is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with 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.

Turnover

Turnover represents grants and workshop fees received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 33% on cost, 20% on cost

Fund accounting

Unrestricted funds are available for use at the discretion of the Trustees in the furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Grants and workshop fees are recognised when receivable;
Investment income is included when receivable.

Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes VAT and is reported as part of the expenditure to which it relates:

Costs of generating funds compromise the costs associated with both the costs attracting the income and those of providing the facilities to generate the income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

The notes form part of these financial statements

continued…

Page 9

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MUSIC FOR CHANGE

NOTES TO THE FINANCIAL STATEMENTS - continued for the Period Ended 30 June 2025

4. INCOMING RESOURCES FROM ACTIVITIES TO FURTHER THE CHARITY'S OBJECTS

Unrestricted Restricted £ £ Grants 18,500 4,500 School & youth fees 7,645 - Other fees 8,936 - Project management fees - - Other 65 - 35,146 4,500	2025 2023 Total Total £ £ 23,000 17,560 7,645 6,583 8,936 12,663 - 11,587 65 33 39,646 48,426	2025 2023 Total Total £ £ 23,000 17,560 7,645 6,583 8,936 12,663 - 11,587 65 33 39,646 48,426
		48,426

OPERATING SURPLUS/(DEFICIT)

The operating surplus is stated after charging:

		30.6.25	31.12.23
		£	£
	Depreciation - owned assets	250	243
	Directors' remuneration etc.	-	14,536
6.	STAFF COSTS
		30.6.25	31.12.23
		£	£
	Wages and salaries	17,017	10,971
	Social security costs	-	-
	Pensions	250	1,028
		17,267	11,999

No employee received emoluments of more than £60,000.

The average monthly number of employees during the year, calculated on the basis of full time equivalents, was as follows:

Manager Direct The charity operates a pension scheme for its employees. 7. GOVERNANCE COSTS Other costs Accountants' remuneration	30.6.25 31.12.23 - - 2 3 2 3 30.6.25 31.12.23 £ £ 13 13 1,080 1,680 1,093 1,693	30.6.25 31.12.23 - - 2 3 2 3 30.6.25 31.12.23 £ £ 13 13 1,080 1,680 1,093 1,693
		1,693

The notes form part of these financial statements

continued…

Page 11

MUSIC FOR CHANGE

NOTES TO THE FINANCIAL STATEMENTS – continued for the Period Ended 30 June 2025

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 30 June 2025 nor for the year ended 31 December 2023.

Trustees' Expenses

There were no trustees' expenses paid for the period ended 30 June 2025 nor for the year ended 31 December 2023.

9. TAXATION

As a charity, Music For Change is exempt from tax on income and gains falling within section 505 Of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.

10. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
	Plant and
	machinery
	etc
	£
COST
At 1 January 2024	16,999
Disposals	(16,999)
At 30 June 2025	-
DEPRECIATION
At 1 January 2024	16,749
Disposals	(16,749)
At 30 June 2025	-
NET BOOK VALUE
At 30 June 2025	-
At 31 December 2023	250

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments and accrued income 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Bank current account Other creditors	30.6.25 31.12.23 £ £ - 2,261 - - - 2,261 30.6.25 31.12.23 £ £ - 1,807 - 133 - 4,193 23 2,796 23 8,929	30.6.25 31.12.23 £ £ - 2,261 - - - 2,261 30.6.25 31.12.23 £ £ - 1,807 - 133 - 4,193 23 2,796 23 8,929
		8,929

The notes form part of these financial statements

continued…

Page 12

MUSIC FOR CHANGE

NOTES TO THE FINANCIAL STATEMENTS - continued for the Period Ended 30 June 2025

13. MOVEMENT IN FUNDS

Unrestricted funds General Restricted funds Thurrock Boing! Awards for All TOTAL FUNDS	At 1.1.24 (10,968) - - 4,550 4,550 (6,418)	Net movement in funds 14,214 (3,064) (80) (4,550) (7,694) 6,520	Tfr between funds (3,144) 3,064 80 - 3,144 -	At 30.6.25 102
				- - -
				-
				102

Net movement in funds, included in the above are as follows:

Unrestricted funds General Restricted funds Thurrock Boing! Awards for All TOTAL FUNDS	Incoming resources 35,146 - 4,500 - 4,500 39,646	Resources expended (20,932) (3,064) (4,580) (4,550) (12,194) (33,126)	Movement in funds 14,214
			(3,064) (80) (4,550)
			(7,694)
			6,520

continued...

The notes form part of these financial statements Page 13

MUSIC FOR CHANGE

NOTES TO THE FINANCIAL STATEMENTS – continued for the Period Ended 30 June 2025

13. MOVEMENT IN FUNDS (continued)

Martello Trust

In May Music for Change received a grant of £20,000 to support the wind-up process, to help meet its liabilities and prevent the Charity slipping into insolvency. All funds allocated in 2024.

Canterbury City Council

In July Music For Change secured a Grant from Canterbury City Council of £2500 to be used to support the delivery of the bOing! Festival. All funds allocated in 2024.

National Lottery Awards for All

In August Music for Change repaid £4550 to The National Lottery, the balance of the £10000 Awards For All Grant that had been awarded in 2023. Because of the wind-up process it was not possible to deliver the Grant funded activity. The repayment was negotiated and agreed with the National Lottery, the balance of the grant having been absorbed to cover the Charities ongoing costs and longer available

Small Grants

In January Music For Change received a grant of £500 from Local Giving Ltd and in July a grant of £1125 from the Canterbury Rotary Club.

Culturally diverse music, dance and storytelling workshops and performance

Ongoing workshop, event and project bookings from schools and community groups. & performances, in education and community spaces, with children, young people and adults. Workshops are paid for by the customer

Thurrock Schools Programme

Funded via the Royal Opera House (ROH) and commissioned on a workshop-by-workshop basis. Ongoing annual project work, working in school pupils in a deprived area of Essex. The payment system changed to being direct from schools rather than via the ROH, although bookings continued to be secured through them via promotion in a brochure.

Page 14

CHARTERED ACCOUNTANTS' INDEPENDENT EXAMINER’S REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED FINANCIAL STATEMENTS OF MUSIC FOR CHANGE

We report on the accounts of the company for the period ended 30 June 2025, which are set out on pages 7 to 14.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to our attention.

Basis of independent examiner’s report

Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with our examination, no matter has come to our attention:

(1) which gives us reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 386 of the Companies Act 2006; and
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or

(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Hilary Adams Ltd Chartered Accountants 158 High Street Herne Bay Kent CT6 5NP

Date: ............................................

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Music for Change Trading Profit and Loss Account For The Period Ended 30 June 2025

TURNOVER Grants School & youth fees Other fees Other income Supporters subscriptions Project management fees Donations Administrative Expenses Directors' salaries Directors' pension Wages and salaries Pensions Travel expenses Rent Artist workshop & performance Project travel & accommodation Project management expenses Software & maintenance Insurance Post and stationery Communications Accountancy fees Depreciation of computer equipment Loss on disposal of tangible fixed assets Sundry expenses Grants returned Companies House fees Bank interest payable (DEFICIT) FOR THE FINANCIAL YEAR	2025 2023 £ £ £ £ 23,000 17,560 7,645 6,583 8,936 12,663 17 - 15 15 - 11,587 33 18 39,646 48,426 - 13,844 - 692 17,017 10,971 250 1,028 466 - 565 1,908 6,976 14,798 1,048 1,309 - 11,587 252 438 - 96 178 39 245 367 1,080 1,680 - 243 250 - - 162 4,550 - 13 13 236 4 (33,126) (59,179) (6,520) (10,573)	2025 2023 £ £ £ £ 23,000 17,560 7,645 6,583 8,936 12,663 17 - 15 15 - 11,587 33 18 39,646 48,426 - 13,844 - 692 17,017 10,971 250 1,028 466 - 565 1,908 6,976 14,798 1,048 1,309 - 11,587 252 438 - 96 178 39 245 367 1,080 1,680 - 243 250 - - 162 4,550 - 13 13 236 4 (33,126) (59,179) (6,520) (10,573)	2025 2023 £ £ £ £ 23,000 17,560 7,645 6,583 8,936 12,663 17 - 15 15 - 11,587 33 18 39,646 48,426 - 13,844 - 692 17,017 10,971 250 1,028 466 - 565 1,908 6,976 14,798 1,048 1,309 - 11,587 252 438 - 96 178 39 245 367 1,080 1,680 - 243 250 - - 162 4,550 - 13 13 236 4 (33,126) (59,179) (6,520) (10,573)	2025 2023 £ £ £ £ 23,000 17,560 7,645 6,583 8,936 12,663 17 - 15 15 - 11,587 33 18 39,646 48,426 - 13,844 - 692 17,017 10,971 250 1,028 466 - 565 1,908 6,976 14,798 1,048 1,309 - 11,587 252 438 - 96 178 39 245 367 1,080 1,680 - 243 250 - - 162 4,550 - 13 13 236 4 (33,126) (59,179) (6,520) (10,573)
			39,646 (33,126)	48,426 (59,179)

				(10,573)

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