R•gistsred numbw. 04242595
Charity number: 10891>)3
THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
{A company limited by guarantee)
UNAUDITED
EXECUTIVE COUNCIL MEMBERS. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
{A company limited by guar4nts•)
CONTENTS
Pa9e
Reference and administrative details ol th* Company. tts Executlv• Council
members and advisern
Executive Council MeM￿rn. report
2-11
Indopondent examinerfs report
12-13
Statoment of financial activities
14
Balance sheot
15-16
Statomont of cash flows
17
Note5 to the financlal $tstements
18-30

THE ASSOCIATION FOR MUSIC IN IpifERNATIONAL SCHOOLS
IA company limlted by guarantee)
REFERENCE AND ADMINISTRATNE DETAILS OF THE COMPANY, ITS EXECUTIVE COUNCIL
MEMBERS AND ADVISERS
FOR THE YEAR ENDED 30 JUNE 2023
Executive Council
members
R Bassett (resigned 31 Juty 20221
M Brink
BTodie-Ideker (resigned 31 July 2022}
C Bulteel (resigned 10 May 20231
D Cruz lapttbinted 1 Juty 2023)
C Gifford
R Kam (resigned 30 June 20231
H Lacerda
J Lcxli (r￿gned 12 Augusl 2022)
J Londgreri
J Robertson lapp)inted 1 Jvly 2023)
L Ross (resigned 31 July 20221
C Stcd£hapin
C Ward laptointed 1 July 2023)
B While
Company registered
number
04242595
Charity registered
number
1089003
Registergd office
Church Fami House
North Lopham
Diss
Norfolk
IP22 2LP
Company Socrelary
K Montgunery
Accountsnts
Larking GO￿￿n LLP
Chartered Accountants
Faiers House
Gilray Road
Diss
IP22 4WR
Solicitors
Ashtons Legal
Trafalgar House
Mendian Way
Norwch
Norfolk
NR7 OTA
Exe¢utive Director
K Montgomery
Page 1

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A wmpany limlted by guarante8)
EXECUTIVE COUNCIL MEMBERS. REPORT
FOR THE YEAR ENDED 30 JUNE 2023
The Executive Counul members present their annual report together with the financial statements of the
Company for the year 1 July 2022 to 30 June 2023. The Annual report serves the purwses of both a Executive
Council members. report and a directors, report urKler company law. The Executive Council memljeis confirm
that the Annual reKK)rt aThJ financial ststements of the charitable company comply with the current slalutory
requirements, the ￿qUirementS of the charitable company's govemiro document and the provisions of the
Slalement of Recommended Practi￿ (SORPI applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicaNe in the UK and Republic of Ireland IFRS1021 leffedive 1
January 20191.
sin￿ the Company qualifies a5 ynall under ￿tiOn 382 of the Ccffipanies Act 2C(J6, the Strategic re￿rt
required of medium and large companies urn*r the Companies Act 20(E (Strategic Report and Directors.
Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The principal activities of the company are the promob'on of excellence al all levels of muscal education.
The Association for Music in Intemational SchLK)15 is an inlemab"onal, non-profit, non-sectarian, politically
neutral organisalion dedicated to the promotion of exCeller￿e al all levels of musi(al educ2ts"on.
The objectives a￿ as follows'.-
To advan￿ the education of schcol pupils and teachers throughout the wodd by developing their
understanding. knowledge and appreciation of musi¢.
To advance the education of young people and teachers in gk)bal issues and cultural diveryty through
the performance and study of music.
To promote high standard5 of musiGal perf0mla￿e in school pupils of all ages and abilities throughout
the wortd.
To promote furtherance of educationally valuaNe music rep&loire.
The aims are as follows'.-
To fa¢i1ilale communication among music le&hers and other teachers of fine arts.
To provide and support professional development through practical teacher workshops.
To provide and support appropriate student workshops.
To provide and support non-competitive mug¢ festivals for students.
To encourage and assist schwls to bring appropriate muscal perforniances of high quality to their
student F)opulalions.
There have been no changes in objectives since the last annual repy)rt.
In setting objeth.ves aTKI planning for 8clivilies. the Exe¢)Jtive Counryl members have given due consideration
lo general guidance published by Ihe Charity commis￿on rdsling to public benefit, induding the guidance
'Public benefit." running a charity IPB2}'_
In planning activities, the Executive Council have given Cafeful consideration lo the Charity Commission's
guidance on public benefit The charity is committed to enabliThJ as many students as posgble lo benefit
through participation in The Association for Mugc in International Schwls festivals and workshcps.
Page 2

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A Company limitod by guarantw)
EXECUTNE COUNCIL MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 30JUNE 2023
Obj￿￿YeS and activitie8 (Continued)
b. Strategle8 for achieving objective8
Objective.. Advance Educat￿ in MUSK undetsta￿lng, Knowledge. andAppreciat￿n
Strategies
Professional Devel
menl". Cdlatnrate with music edwlors to enhance and develop various
international music curriculum that incorpoiates diverse muwcal traditions. theory. and history. ensuring
broad understanding of musc.
Professional Consultin
Resources". Develowenl and maintenance of a strong relationship with music
education conwlling profe&4onals with a variety of expertise. This is meanl to facilitate connedions
betsveen international schools and the lalesl educational trends and techniques lo make them more
accessible to schxsls worfdwide and enhance respective sch(M)I music education programs.
Music O
rtunilies for Students-. Provide various live arNJ virtual opportunities for students to create,
perform, shale, and apprwate musc.
Objective." Education on Global Issues and Cultural Diversity Thrwgh Mus
Strategies
1nlernab.onal Music Festivals.. Provide intemational muwc festivals in regions around the world lo
encourage a culturally diverse group of participating students and teachers to explore global issues and
cultural diversty through music composition. perfomiarKe, and study.
Music Literature". En￿re sponsored inlemalional mugc feslivals delI￿r￿elY incor￿rate musi¢ from
different cultures, including educational content on the cultural context and Significan￿ of each piece.
Culturall Divers
linicians". Provide high quality professional ¢xJnductors and music educators from
around the world to work with the students and texhers lo shwe their musical expertise in the context of
their own cultural experiences.
Objective.. Promote Hwh Stand8rits of Mus￿81 Perfomyan
Strategies
Music Worksh
Provide workshops for students of all abilitie& focwng on perfomiance skills. stage
presen￿, and musical inlerwetation.
Performance O ortunilies.. Create opportuntties for students to perfomi in loca, regional. and
inlemalional settings, lo bioaden their exposuie and experience.
Perform3n¢e Feedback O
rtunities.. Provide a means for students lo perfom virtually for and receive
feedback from professonal mu&c educators to provide additional petspeclive beyond a student's normal
mus¢c studying routine.
Objo¢tiv8.' Promote Furthern￿e olEducationally Valuable MUSIC Re￿rtoN
Strategies
ertoire Develo
ment". CCA1atr￿Tale wth com[￿er$ and edwtors to create and promote new,
educationally valuable musc repertoires that reflect cultural dNersty and contemporary issues.
Stud
Com
its.on Encoura
ment". Support and encourage student compositions by providing
opp)rtunities for Sludenls to submit CoMp￿tIonS for feedba(* and suggestions by a professional panel
of compK)sers.
stLJdenl Com
silion Ex
sure: When feasible organise a means for student compositions lo be
performed publicly.
Page 3

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
IA company limited by guarnnteel
EXECUTIVE COUNCIL MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Objectives and activities (continued
c. Actlvlties undertaken to achlevo objgctives
AMIS strives to achieve its c*¥'ective by uwng various initiatives. By or9anizing virtual workshops for leachers.
AMIS equips mU￿C educators Trmth contemporary methodologies, technology integration skills, and strategies
for leaching multicultural muyc. The organrzalion also faalitates an annual conference, providing a platform for
international musc educators lo netsvork. exd)ange best practices. and parbcipate in workshops. For students,
AMIS hosts music festivals in Aga, Africa, Europe, The Middle East, Latin America, offering students from
international schools the opty)rtunity to engage in high-quality mugc instruction, perfOrnan￿, and experiences
under the guidance of Professional educators and musiaan5. Acklilionally. AMIS extends its reach through an
online Solo & Ensemble Festival, where students have their perforMan￿S adjudicated by experts
worfdwde. and an annual Young Composers Conlesl that enCou￿e$ but*ling mU￿ClanS to submit original
comrx)Sitions for prOfe￿onal feedback and thi￿.
AMIS exposes students lo a wide array of culturally diverse musical experien￿. Students engage with high
quality conduclors and composers from different countries and backgiounds to explore different typès of
musical styles and philosophies. AMIS brings together young musiaans from numerous countries and
nationalities, offering them unique opportunities tr) perfom) in tjiverse I￿ationS worfthide and immerse
themselves in the loKal Cultu￿ of Ihe host (>)unlries. Through these experiences, AMIS not only enhan
students, Musi￿1 skills but also encourages the fomalion of lasting friendships and promotes international
understanding by facilitating these rich cJJllural exchanges and ￿luCatiOnal opportunities.
d. Voluntgers
AMIS recognises and would like to thank all volunteers for their contribub.on in enablir¥J the charity to run so
many events throughout the world. including our host teachers, host schools and communities for volunteering
their time and facilities to host AMIS events. AMIS esi>eaally wan15 to recognize the hundreds of music
educalois globally who volunteered their lime to listen to the thousands of auditions as well as give feedback to
students in our virtual fests'vals. WilhoLSt this contnbutson AMIS y*￿1￿ nol be able to function in the manner il
does.
Page 4

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A Company limiled by guarantee)
EXECUTIVE COUNCIL MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Achievements and perfomiance
a. Key ￿rforn1ance indicators
Dtjring the 2022-2023 Sea￿n, AMIS oryanized 13 live mU￿C festival events in 12 countries. engaging over
1,000 students from 100 partlClP81ing schools representing 50 c*)untries woilthMde. These fe51ivals, which
spanned conlinenls including Asia, Africa. EuroFe, and Latin ATheri￿. ratered lo a wde age range, from
elementary students through lo high schwl students, illustrating the association's inclusive approach to music
educ2tion. The audition system employed by AMIS for these events engag￿j over 150 music educalots from
member schools around the globe vkno volunteered to serve as adjudicators for auditions.
In addition to the live festivals, AMIS hosted 4 virbjal events. These events, designed to reach 8 broader
audien￿, included a global solo & ensemble festival. a large group leslival. a young composers contest, and
workshop for students and teachers of IB Music. Participation in these events involved over 1,500 students
worldwide. underscoring the association's adaptabilty and the global appeal of ils programs. Much like in the
audition system for the festivals. 150 Mu￿¢ educators from around the worfd volunteered to be adjudicators or
cliniaans for these events.
Moreover, AMIS'S commitment to profewonal development and nets¥orking within the music education
community was highlighted by its annual conference held in The Hague. This event attracted 150 music
teachers from around the world, farilitating exchange of krbovle(kJe, leaching methfyjologies. and the latest
trends in muwc education.
The su￿sS of these activities has informed the charity's plan for expansion and growth going fofward and
reflects the membership's Confiden￿ in the charty's ability lo meet ils objectives and serve ils membership.
b. Review ol activities
The 2022-2023 season vras the secKJnd year of tsansilion post-pandemic. COVID issues have abated for most
regions of the world, but some areas a￿ slill working Icp•Mrds MO￿ tN)m)al partiupalion abilities, Asia in
particular. The as8ocialion carefully planned a combination of online events along wth regional live events in
way that would continue to seTve member schwls no matter thwr t)rcumstan￿$. The resL¢It was an increage in
the number of live events albeit fe%%ef than would be done in more nomal circumstances.
Continuing to build on the success of the online offerings from p￿VIouS yeaT5. AMIS was able lo once again
offer global virtual solo & ensemble festival wh￿h had over 1000 student partI￿Pant$ globally. Once again. a
virtual workshop for teachers and students of IB music was offer&J and we11 attended. AMIS was able to go
back to a face-to-fa￿ Music Educators. conferen￿ in The Netherlands in tandem with our first Elementary
Choir Festival. All scheduled live events duriw the yeaf weie realised wthoul any can￿lIatIOnS or disruptions
lingering from the waning pandemic.
Executive Director Sgarch
Keith Montyomery, the associab'on's current Execub"ve Director wll be retiring in Juty of 2024. An exhaustive
search was initiated and completed during the 2022-2023 season lo lind a suitable replacement as well as to
add a much-needed assislanl director. Near the end of the season, AMIS announced the hiring of Megan
Highfill as the new incoming Executive Direclor and Cin(ty Bulleel as a new Asgstanl Director.
Membership
AMIS closed the year wth 110 schc(Jl members. AMIS hay 9 individual members and 11 passport members.
Page 5

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guarnnt¢g}
EXECUTIVE COUNCIL MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Achievements and perfom)ance {¢ontlnuedl
Events
The Association would like to thank the hosts for 811 the festivals heky during the 2022-2023 season.
Virtual events
Online WoTkshop foT Students and Teachers of IB
Global Online solo & Ensemble Festsval
Online Large Group Festival
Young ComtKJsers Contest
Live Festival Events
African Middle School and H￿h School Honor Ch¢ir- Intemalional Sch￿1 of Kenya
Asian Middle Schwl Honor Band- American SchLK)l of Bombay
Asian Middle Sch￿1 Honor Choir- International School of Bangkok
European Elementary Honor Choir- The American Schcol of the Hague
European High School Honor BarvJ- Zurich Inlemational School
Eurowan High Schcd Honor Or¢heslra- American School of Madrly
European Middle School Honor Band- Zurich International S¢ho
European Middle School Honor Band Boys. Choir 8nd Girls. Choir- Intemalional School of Luxembourg
European Middle School Honor Orchestra- American SchrKJl of Ba￿lana
International Honot Jazz Festival and Workshop - Inlemalional School of Aberdeen
International High School Honor Ch(4r- The AMeri￿n International SchcM)l of Muscat
Latin American Honor Festival- Quito
Inleinational Music Educators. cOnferen￿- The American SchcL)l of the Ha9ue
Financlal Aid Awards
AMIS awards financial aid packages during Ihe year to some students enabling them to attend festivals they
)uld not have otherwise been able lo attend given financial re51raints. These funds are donated for this
project from the audien￿ of concerts given at the end of an AMIS festival. Financial aid awards were given
to six students this year.
AMIS Scholarship Awards
With the generous support of AMIS donors, young students *ere awarded schdarships lo continue their
study of musc. These students were chosen among the top students from the AMIS Glob81 Online Solo &
Ensemble Festival held in the Spring of 2023.
c. Actlvlty Plannlng for 2023-2024
The AMIS administration and the AMIS Board of Trustees conbnues to follow a 5tralegic plan that involves
adaptive configurations of events for the 202>2024 seagjn. Next season's planning reflects very positive
growth and enthusiasm by the membership and will be the busest on record for the association. Three online
events wll continue to be offered wth sixteen live events globally Asia and Europe will have added regional
events, and the African and Latin American festivals are wcfjected to meet or exceed participation
expectations.
Page 6

THE ASSOCIATION FOR MUSIC IN INTERPiATIONAL SCHOOLS
(A company limited by guar4nts•)
EXECUTIVE COUNCIL MEMBERS. REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 JUNE 2023
Flnan¢lal review
. Ros&Nos policy
The purpose of the Operating Reserve Policy for The ASS￿￿￿tIon for Muyc in Inlemalional Schcnls is to ensure
the stability of the mission, prc¥Jrams, employment, and ongoing operations of the organ￿all0n. The Operating
Reserve is intended lo provide an intemal source of funds for situations such as a sudden increase in
expenses. one-time unbudgeled expenses, unanticipated loss in funding, or uninsured losses. The Reserve
may also be used for one-time, nonrecurring exrtnses that Nbill build long-lemi capacity, such as staff
development, research and development. or investment in infrastrudure. Operating Reserves a￿ not intended
to repla￿ a pemanenl loss of funds or eliminate an ongoing budget gap. 11 is the intention of The Assoaalion
foT Music in Intemational Schools for Operating Reserves to be used and replenished within a reasonably short
period of lime.
The Operating Reserve Fund is defined as a d￿gnated fund sel ￿de by the Executive Cwncil. The minimum
amount lo be designated as Operating Reserve TrMII established in an amount sufficient lo maintain ongoing
operations and programs for a set ￿riod of time. measured in months. The Operating Reserve serves a
dynamic role and will be reviewed and adjusted in response to intemal and exlemal changes.
The tsrget mirbimum 0[￿rating Reserve Fund is equal to six months of average Support costs.
The amount of the 0perats.ng Reserve Fund target minimum wll be calculated eath year after approval of the
annual budget, repK)rted lo the Board of Trustees. and Includ￿ in the regular financial reports.
The Operating Reserve Fund ￿11 be recorded in the financial r￿ordS as Couwl-Designaled Operating
ReseNe. The Fund wll be funded and available in cash or (3sh equivalent furKls. 0￿rating Reserves will be
commingled wlh the general cash accoun15 of the organizalion.
The Operating Reserve Fund VMII be fuNJed with surplus unrestricted operating funds.
The Executive Director and Chief Operaling Officer wl1 identify the need for access lo reserve funds. This slep
requires analysis of the reason for the shortfall, the availability of any other sources of funds tefore using
reserves. and evaluation of the lime peri¢xl that the funds wll be required arKJ replenished.
Authority for use of the Operating Reserves is delegated to the Executive th'rector and the Chief Operating
Officer in consullalion of the Presdenl of the Executive Counal. The use of Operating Reserves will be
reported lo the Executive C(wncil al their next scheduled meeting ￿)Mpanied by a description of the analysis
and delerminalion of the use of funds and plans for replenishment lo resloie the Operating Reserve Fund lo the
largel minimum amount. This Policy will be revie￿Ed every year by the Chief Operat1ng Officer and Executive
Director in consullalion wlh the President of the Execuiive Counal. Changes lo the Policy will be
recommended to the Executive Council for approval_
In the reporting period. the Asw"alion for Music in Inlemalional Schools generated an orEraling surplus of
£65,58612022." £98.0101 from a total income of £514.47612022". £309.0261 and expenditu￿ of £448,89012022".
£211.0161. The Asswation's total funds now stand at £347.261 12022. £281,675} of which £335,435 12022..
£272,077} is unrestricted and £11.82612022." £9.5981 is restricted as at 30 June 2023.
The charity's largel operational reserve is £100.OLK) and operational reserves of belween £30,000 and £50,000
are required to invest in preparation for the next yearfs events. Al 30 June 2023, The Association for Music in
International Schools had free reserves (which by definition are unrestiicted funds not invested in tangible fixed
assets) of £331,1%12022 £264.692)
Page 7

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guarantee)
EXECUTIVE COUNCIL MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
AMIS has seen a ￿gnificant In￿a* in ils reserves. This is primarily because of income generated from the
addition of more festivals and the indugon of more participants lo rn￿1 the needs of the membership.
However, to effectively manage this growth and maintsin the high quality of its events. AMIS finds it necessary
lo expand its Y￿rkfOrce by hiring a new empbyee as an Asswate Director. This new hire wll begin late in the
2023-2024 fiscal year and the increase in reserves wll faulilale finanaal proviyons for Iraining and reloc3110n.
When the Associate Director is on payroll these vtage costs wll affect the level of reserves going forward. This
is a strategic move to ensure operational effiuency and sustainabiltty. Moreover, the organisation wll be in a
transition phase with the retirement of ils current Executive Director al the end of the 202&2024 fiscal year.
Funds from the reseryes will be allocated lo f￿litste a smooth transts'on lo a new leadership which will also
include training and relocation costs_ Addits"onally, post-COVID, AMIS has needed lo adapt ils logistics for
music events, moving awdy from the previously utilised home 5tsy5 for students. This shift lo using hotels more
consistendy ne￿$SitateS a COn￿derable financkal outlay to sec#Jre hotel contracts for events, a move that is
essenb.al lo uphold the safety for participants aTyJ tt)e viability of events. This change has moved the charity lo
ensu￿ its reserves can accommodate this logistic, as securing ￿)le1 s￿$ in advance requires significant
upfront investment. The Trustees evaluate Ihe rv&erve policy regulady and will make further adjustments as
gr(wth and a larger w)rk force necessitates.
b. Principal risks and uncertainties
The major risk lo vhich the charity is eXp￿d is that. in the long lerni. rf the ￿r1d silualion were such that
intemalional schools around the world were no longer able lo provide students for The Association for Music in
Inlemalional Schools festival and ￿￿rkshOp parb"cipation. the chanty would then be al risk of no longer being
able lo achieve ils objectives.
The Executs"ve Council have assessed the major risks lo i•thich the (y)mpany is exposed. in particular those
related lo the operations and finan￿ of the company. and are satisfied that systems and procedures are in
place lo mitigate our exposure to the major risk&
c. Flnancial risk management objectives and poli¢i•s
The primary financial risk management ot¥'ectives of AMIS inckjde ensuring sufficient liquidity to cover
operational exKÈnses and unfores&n costs, managing currency risks due to international transactions,
achieving budget stsbility for events and activities, diversifying revenue streams to reduce dependency on
single sources, and ensuring long-term financial sustainability.
To safeguard ils fInar￿la1 stability, AMIS implements p(Al￿eS for regular monitoring and controlling of expenses
related lo events and operational costs. The board of twstees regularfy reviews the financial health of the
organizalion and reports infomialion to stskeholders {e.g. member ￿h￿l$. sponsors) lo maintain transparency
and trust. AMIS $￿vre$ comprehensive Insurance tx)licies lo cover risks associated wlh event can¢ellalions.
liability claims. and other Wential financial losses related lo organizing events. Insurance policies are
maintained and reviewed annually. AMIS. administsalion priotilises clear contract management with venues,
vendors, and service providers, including clauses that protect AMIS from financial losses due lo Can￿lIatIonS
or failures lo deliver *rvices as agreed. Professonal a&8istance is employed lo secure and eonlractually
riegoliale ￿th hotel vender5 to mitigate risks. Member sch(KJls that are hosting events contribute additional
assistan￿ and expertise to further manage and conlrol financial considerabons and other potential liabilities.
Page 8

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
IA Company limited by guarantee)
EXECUTNE COUNCIL MEMBERS. REPORT {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
d. Principal funding
The operation81 funds generalwj lo suslain Ihe activib.es of the charity includes registration fees collected for
the purpose of running vaTiOUS events LM)th live and online. yeady membership fees eollecled from school
members as well a5 ifKlividual members. cotpxyale sponsors, and patron donations. While strong growth in
event participation is gNing the charity a strong financial base. the board of trustees is looking to continue to
improve ils donor base and explore grant OPFMNtunities and other ￿Milar possibilities e¥>ecially in the context of
the new incoming Executive Diieclor wlh Ihe goal of further diversifying ils revenue sI￿aM.
Structure, govemanco and managernent
Constitution
The Association for m￿￿C in Intemational Schools is registered as a charitable company limited by guarantee.
The charity and was founded in Oct(A)er 2(K)D and was incorporated on 28 June 2001. with company
registration number 0424595. The organisabon registered wlh the Charity Commission on 23 October 2001,
under charity number 1089003.
b. Methods of appointment or ele¢tlon of Executive Council members
The charity is governed by the Board of Trustees (the Executtve Council) which is elected from the
membership. Each member of the Executive Council seNes a three year lem. and may stand for fe-eleclion.
The memorandum and 8rticles of assLKiation require that there thall be not fewer than S nor more than 9
Trustees. Trustees are elected by the memtership by e*tronic ballot each spring.
c. Organlsational structure and decision-making policies
The day lo day adminislralion ol the charity is delegated to the Executive Director. The Executive Director
reports to the Execubve Council annually.
One of the Executive Directorfs principal jobs is to rarry out the rdicies delemined by the Executive CoutKil.
Fees are delemined by the Executive Council at their annual planning meeling or al subsequent meetings.
These meetings are generally held in conjundion wlh The Inlemalional Honor Band and Choir FestiV81 and al
other festival sles as needed. The Executive Director does not seNe as a member of the Executive Council.
The memorandum and articles of s￿￿18t10n of the CLNnpany enables the Exectjlive Council to apply or invest
monies lo be Invested in propety or investments as the Executive Council in their absolute di5creb.on think fit.
Page 9

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guarante•)
EXEc￿1VE COUNCIL MEMBERS. REPORT ICONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Structure, governan￿ and managemenl (continued)
d. Policies adopted for the Induction and tralning of Exe¢utiv• Council Members
Twstses are elected lo the board from the membership to a three-year temi. trustees may be elected to
the board when existing trustees, tem)s of office expire or upon the resignation of a seNing Iruslee. At the end
of their tem), trustees may sland down or run for re-election. An infornial annual review of individual Iruslee's
work is carried out by the chair. This review provides a forum for truSt￿S to discuss their work in an o￿n and
honest manner.
New Trustees receive clarification and gUIdar￿ of the roles and resFM)nsibililies of the board as individuals and
colleclivety. This includes outlines of the job de￿ption for the chair and vice-chair of the board as well as the
decision-making process for the board. This management is overseen by the board chair with the partiupation
of the existing trustees. A trustee handbook is being developed to cover these reSpOn￿bIlitIeS more fully and
formally and to serve as a more comprehensive resiJuTce for and veteran trustees going forward.
g. Pay pollcy for key managoment per6onnel
A Remuneration Ctjmmittee, ccAnprising selected trustees and the financial officer, oversees the pay-setting
process of key management ￿rSonnel within AMIS. This c￿mIttee is tasked with making informed
Tecommendalions to the board regarding the remuneratson of key management personnel. Salaries are
benchmarked against similar pogty.ons within the charity sector, considering factors like the size of the
organisalion, complexity. and location. AMIS may seek independent advice to validate pay scales, ensuring
they are justifiable and aligned wth sector standards. The Remureration Committee reviews this policy and
pay scales annually lo ensure they remain aw)ropriate. compeb"&ve. and reflective of the charity's financial
health and strategic direction.
Inforniation on fundraislng practice8
AMIS had 100 Patrons for the year that donated to the assouation's general fund and the scholarship fursd.
Financial aid and further composition commi￿On L*)nations are collected anonyMou￿Y after festival concerts
when allowed by the hosb'ng school or venue.
Fundraising for AMIS is the rewsibility of the Execulive Director. AMIS wbscribes to the Fundraising
Regulalorfs Code of Fundraisng Practice. AMIS d(*$ not use profe&8ional fundraisers or invdve commercial
participators. There have been no complainls about fundraiwng aclwity this year.
All direct marketing 15 undertaken by the Development Officer lo ensure that it is not unreasonably intrusive or
persislenl. Contact is made through direct marketing a maximum ol three limes a year bul usually annually.
Any marketing material contsins clear instructions on a person can be removed from contad lists.
Page 10

THE ASSOCIATION FOR MUSIC IN IPITERNATIONAL SCHOOLS
{A cornpany 11m1t￿ by guarnnt••
EXECUTIVE COUNCIL PAEMBERS. REPORT ICONTINUED
FOR THE YEAR ENDED 30 JUIE 2023
Statwnent of Ex•cutlv• Coun¢ll m•mb•rn' rMponglbllltle•
The ExecJJlive Cwncil members {who are also thè direclors of the Company for the purFoses of company law)
are re5F￿nsible fcK preparirwJ tl* Ctyjnul memtrms. report and the fi'nancial stalemenls in
accordance with aFpIir2￿e law and United AC￿ntI￿2 Slat>tsrds (United kn"ng(trm Generally
Accepted A¢countsng pl￿￿e}
Company law wuires the Exeortive c￿￿￿1 m￿b￿S to prwè financbal *atements for financial year.
Under ccmpany law. the Executive Cwnul memLws must not 8FoThe the fin￿$ slatemenls unless Ihey
are satisfied that they a true aThJ fair view of the stale of affairs of the C￿npanY and of ils ineoming
resources and application of resources. I￿luding rt$ inecrfne and exper**"t￿e. f￿ that FerKJd. In preparing Iheae
finanoal slalernenls. the Ex&xrtp4e Counul members are requirgj lo
sew suitable ac£ounting wlicie5 arKI then appty them con9Stgnlly:
ObSe￿e the methcds and pnnciples of the charib.es SORP IFRS 102):
make jLK*Jments and accountsng eth"males that are rea￿￿￿t￿é pnJJenL
slale whether a￿1¢￿e UK A£counbThJ StarKl8rts IFRS 102) have been fdICA￿d. subject lo
material departures dix108ed and expL3ingJ in the fInar￿￿1 stalements".
prepare the finanaal statements on ￿ png c4xKern bag'$ unkss il is inapwowate lo presume that
CC#np￿Y v*ill continue in IM￿"neS&
The Ex￿1¥8 c￿n¢11 memter5 arn reSp￿tIe for keepThJ adequate accountiThJ r￿ordS that are sulficienl to
show aTrJ ex ￿01n the c(mpan￿$ Iransxtirms and disclose y￿h reasonable * any lime the financial
position ol the Company ar¥J enable them lo ensu￿ Ihal the financial slalements eomply V•ith the Ci)mpanies
Act 2006. TW are also respon$b￿ for safeguarding the assets of the cCrfnp￿ and for tsking
reasonaNe steps for the weventson and detec￿ of IraLM1 and other Irreguknlh?>
Approved by (Kder of the membws of Ihe L¥)*d d Exeartrve Cl￿1¥￿1 yn￿berS and on their behalf by..
C Sto¢k£hapin
ITrusl I
Dale..
Page11

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guarnntee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30JUNE 2023
Independent examingrfs report to the Executive Council membern of The Associatlon for Music
In Intsmational Schools ('tho Company.)
I report to the charity Executive Counril members on my examinatK)n of the accounts of the Company for the
year ended 30 June 2023.
Rospon8ibilities and basis of report
As the Executive Counal memters of the Company {and its directors for the purposes of company lawl you are
responsble for the preparation of the accounts in ac(x)rdance with the requirements of the C￿panIeS Act 2006
I'the 2006 Act.)
Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in reycl of my examination of the Company's
accounts carried out under section 145 of the Charities Act 2011 I'the 2011 Acr}. In carrying out my
examination I have followed the Direclions given by the Charity Commission under section 14515)Ibl of the
2011 Act.
Independent examinerfs $tat¢m8nt
sin￿ the Company's gross income exceeded £250.000 your examiner musl be a member of a body listed in
section 145 of the 2011 Act. I confim that l am qualified to undertake the examination because l am a member
of lenler body he￿1, which is one of the list￿ tK)dies.
I have completed my examination. I confimi that no matters have come to my attention in conn&tion ¥Mlh the
examination giving me cause lo believe".
accounting records V•Ere not kept in respect of the Company as required by section 386 of the 2006 Aet."
or
the accounts do not accord wth those records.. or
the accounts do not comply wth Ihe accounting requirements of section 3* of the Act other than
any requirement that the accounts give a 'true and fairf view which is not a matter considered a5 part of
an independent examination., or
the accounts have not t*en prepared in aecordance with the methcKIs 8nd principles of the Statement of
Recommended Practice for 8¢counting and Teporting by charities lapplicable lo charities preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of
Ireland IFRS 10211
I have no COn￿mS and have cL￿e across no other matters in connection with the examination lo which
attention should be drawn in this report in order lo enable a pyoper understanding of the accounts lo be
reached.
Page 12

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
IA company limited by guarnntge
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
This reFK)rt is made solely to the Company's Executive Counul members. as a bcKly, in accordance with Part 4
of the Charities (Accounts and Reports) Regulations 2LK)8. My has been undertaken so that I might stale
to the Company's Executive Co(Jnryl members those matters l am required to stale to them in an Independent
examinerfs report and for no other purpose_ To the fullest exlenl p*m)itted by law. I do not accept or assume
responsibility to anyone other than the Company and the Companls Executive Counctl members as a body. for
my work orfor this rewl.
115
Signed..
Dated.. 13 March 2024
Christopher Yeales FCA DChA
Larking Gowen LLP
Chartered Accountants
Diss
P8ge 13

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limitod by guarantee)
STATEMENT OF FINANCIAL ACTNITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT}
FOR THE YEAR ENDED 30 JUNE 2023
Unrestricted Restricted
funds
funds
2023
2023
Total
funds
2023
Total
funds
2022
Noto
Income from:
Donations and legacies
Charitable adivities
Investrnenls
12,700
496.537
624
4.615
17.315
496.537
624
20,084
288,923
19
Total Incomo
509.861
4.615
514,476
309,026
Exponditure on:
Charitable activities
446.503
2.387
448.890
211,016
Total expenditure
446.503
448,890
211,016
Net movement in funds
63,358
2,228
6S,586
98.010
Reconclliation of funds:
Total fuThls brought forward
Nel movement in funds
272.077
63.3S8
9.598
2,228
281,675
65.586
183,665
98,010
Total funds carrled forward
335,435
11.826
347,261
281,6T5
The Slalement of financial activitie5 includes all gains and Ios8es recognised in the year.
The notes on p￿eS 18 10 30 fom) part of these financial statsments.
Page 14

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company Ilmltgd by guarantee)
REGISTERED NUMBER: 04242595
BALANCE SHEET
AS AT 30 JUNE 2023
2023
2022
Fixed assets
Tangible assets
11
T,385
4.239
7,385
Current assets
Deblors
Cash at bank and in hand
12
62,675
368,795
40,083
31T.064
431,470
357.147
Creditors.. amounts falling due wlhin one
year
13
{88.448}
(82,857)
Ngt currant assets
343,022
2T4,290
Total assetsloss Current liabilities
347.261
281.675
Total not a$sgts
347,261
281,675
Charity lund8
Restricted funds
Unrestricted funds
14
11.826
335.435
9,598
272,077
14
Total funds
347.261
281,675
The Company was entitled to exemption from audit under section 4T1 ol the C(mpanies Act 20[￿.
The members have not required the company lo obtain an audit for the year in question in accordance with
section 476 of C(mpanies Act 20(￿.
The Executive Council members ad{r￿￿ethje Ihwr responsibilities for comptying Yiilh the requirements of the
Act with respect lo accounting records and preparation of financial *atemenls.
The finan¢tal slalemenls have been prepared in &xordance wth provisions applicable lo entities subject to
the small eompanies regime.
Page15

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guarantee
BALANCE SHEEr {coKriNUED)
AS AT 30 JUNE 2023
The financial statements N%ere approved and aulhorised for issue by the Exewlive Counal members and
gned on their behalf by"
C Stock£hap
ITruste )
Dale..
The notes on pages 18 to 30 fom part of th￿ financial statements.
Page 16

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company Ilmlted by guarnntse)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2023
2023
2022
Cash flows from oporating actlvlties
Nel ￿sh used in operating activities
53.501
115.631
Cash flows from investing activities
Purchase of tangible fixed assets
11.7701
(3,212)
Net cash used in Investing activities
11.7701
(3.2121
Change in cash and ¢a8h equlvalents In the year
Cash and cash equivalents at the beginning of the year
51.731
112,419
317.064
204,645
Cash and ¢a$h oquivalents at the end of the year
368.795
317,064
The notes on p4es 18 10 30 fom) part of these finanual statements
Paoe 17

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
General inforniation
The company is a company limited by guarantee and incorporated in England and Wales. registration
number 04242595. The regislefed office is Church Farm House, North Lopham, Diss, Norfolk IP22 2LP.
The members of the company are the Executive Ccrfjncil members named on page 1. In the event of the
company being wound up. the liability in resFttt of the guarantee is limited lo £10 per member of the
company.
Accountlng pollcles
2.1 Basis of preparation of financlal sL*emonts
The financial slalements have been prepared in accordance wth the Charities SORP IFRS 1021-
Accounting and Reporting by Charities". Slalement of Reccmnmended Practice applicable to charities
preparing their account5 in &COrdan￿ with the Financial Reikning Standard applicable in the UK
and Republic of Ireland IFRS 102) leffeclive 1 January 20191. the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 20￿.
The financial 5tstemenls are presented in sleding which is the functional cufrency of the company
atKI rounded to the nearest £.
The Association for mU￿e in Intemalional SchcKJls meets the definition of a public benefit entity
under FRS 102. Assets and liabilities are initially rec(xJnised at historical cost or transaction value
unle&8 otherwise staled in the relevant accounting policy.
2.2 Income
All income is recognised once the Company has entillemenl lo the income. il is probable that the
income wll be rec￿Ved and the amount of inc(Kne rewvable can be measured reliably
Income lax recoverable in relabon to investment income is recognised al the lime the investment
income is Teceivable.
2.3 Expenditurg
Expenditure is recognised once the￿ is 8 legal or (x)nstrv(aive ct)ligation to transfer e(x)nomic
benefit lo a third party, il is probable that a transfer of eeonomic benefits wll be Tequired in
settlement and the amounl of the obligalion can be measured reliably. Expendituie 15 ¢lassified by
activity. The cos15 of each &livity are made up of the total of direct costs and shared costs,
including stjpport costs involved in undertaking each activity. Direct costs attributable lo a single
activity are allocated directly to that acb"vity. Shared costs which contribute lo more than one activity
and supwrt costs which are not attributable to a single activity are apportioned between those
adivities on a basis o)nsistenl with the use of resources. Central staff costs are allocated on the
basis of lime spent. and depreciation charges allocated on the portion of the asset's use.
Expenditure on CharIta￿e activities is incurred on direcuy UTKlertaking the activities which further the
Company's objectives, as well as any a&8oci?ted support costs.
l expenditure is inclu&ve of irrecoverable VAT.
Page 18

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guaTant•¢)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
Accounting poll¢ies I￿ntinU￿)
2.4 Inter08t recolvablo
Interest on funds held on depost is indLKled when ￿￿e1V8b1e and the amount can be measLI￿d
reliably by the Company.. this is nomially uwn notsficth.on of the interest paid or payable by the
institution wth whom the fu￿1$ are (kpog'le(l.
2.5 Foreign currencies
Monetary assets and liabilities denominated in foreign Curre￿ieS are 1[an￿ated into sterling at rates
of exchange ruling at the reporting dale.
Transactions in foreign cJJrrencies are translated into sterliThJ al the rate ruling on the date of the
Iransaclion.
Exchange gains and losses are recconised in the Ststemenl of financial activities.
2.6 Tangible fixed assets and depreciation
Tangible fixed assets are initially [￿nised at cost. After recognition, under the cost model,
tsngible fixed assets are measured al cost less accumulated dep￿latIOn and any accumulated
impairment losses. All costs incurred to bring a tan9ble fixed asset into ils intended working
condition shcHJld be included in the Measur￿ent of cost.
Depreci8tion is charged w as lo alloc*e the cost of tangib￿ r￿ed assets less their residual value
over their estimated useful lives. on a reducing balance bass.
Depreciation is provided on the followng ba￿"S..
Computer equipment
- 20% reducing balance
2.7 Debtors
Trade and other debtors are recognised al the settlement amount after any Ir* discount offered.
Pfepayments are valued al the amounl prepaid rbet of any trade discounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-temi highly liquid investments wlh a short
maturity of thr￿ months or less from the date of acqui&lion or opening of the depo&l or &milar
account.
2.9 Liabilities and provisions
Liabilities are recL¥Jnised when there is an obligation at the Balance sheet date as a result of a past
event, il Is probable that a IransfeF of economic benefit wll ￿ required in sduement. and the
amount of the settlement can be estimated reliably.
Liabilities are recognised al the amount that the C(xnpany anticipates it wll pay to settle the debt or
the amount it has received as advanced payments for the gc(wJs or serviTrs il musl provide.
Page 19

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
{A ¢ompany limit8d by guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
A¢¢ounting policies {continued)
2.10 Flnan¢lal in$trumgnts
The Company onty has financial assets and finanaal liabilities of a kind that qualify as basic
financial instruments. Ba&c financial instruments are inrtially recognised al Iran5aclion value and
subsequently measured al their sethement value wth the exception of bank loans which are
subsequently measured al amortised cost LI￿n9 the effec*'ve inleresl method.
2.11 Pensions
The Company operates a defined contribution pension *heme and the pension charge represents
the amounts payable by the Company to the fund in respect of the year.
2.12 Fund accounting
General funds are unreslricled funds which are aVaila￿e for use al the discretion of the Executive
Courril members in furtherance of the general ot4"ectives of the Ccynpany and which have not been
designated for other PUTpose&
Restricted funds are furKls which are lo be used in aCcOrda￿e with specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the wfic fund. The aim and use of each reslricled
fund is sel out in Ihe notes lo the financial statements.
Investment incame, gains and losses are allocated to the apwopriale fund.
Critical accounting estirnates and areas of Judgment
Estimates and judgments are continually evaluated and are based on historical eX[trien￿ and other
factors. including expectations of fuiure events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and assumption&
The Company makes eslimales and a&sumptions con￿MIng the future. The resultin9 accounting
estimates and assumptions wll, by definibon, seldom equal the related actual result5. No estr'mates or
assumptions that have a significant risk of causing a material adjustment to the carying amounts of
assets and liaij'lilies within the next fin￿￿al yeai have been Identified.
Page 20

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
IA ¢ompany limlt•d by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
Income from donation$ and legacies
Unrestricted Rostricted
funds
funds
2023
2023
Total
funds
2023
Total
funds
2022
Collections and donalions
12.700
4.615
17.315
20,084
Total 2022
16.857
3.233
20,084
Income from ¢haritable activities
Unre8tri¢t•d
funds
2023
Total
funds
2023
Total
funds
2022
Income from festivals, workshtws and conferenixs
Membership fees
438.003
58,534
438.003
58,534
235, 784
53, 139
496,537
496,537
288,923
Invgstmont incomo
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Investment income
624
624
19
Page 21

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limit￿ by guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
Analysis of expenditure by activities
Activities
undertaken
directty
2023
Support
costs
2023
Total
funds
2023
Total
funds
2022
Charitable activities
217.972
230.918
448,890
211,016
Total 2022
41.405
169.611
211,016
Analysis of dire¢t costs
Totsl
funds
2023
Total
funds
2022
Festival expenses
Music
212,260
5,712
40,683
722
217,972
41,405
Page 22

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A ￿mPanY limited by guarantse
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
Analy818 of expendlture by actlvltles (continued)
Analysis of support costs
Total
funds
2023
Tot&1
furKIs
2022
Staff costs
offi￿ rent
Office and meeb'ng expenses
Insurance
Postage and cnurier expenses
Programmes
156,897
121,216
5.592
3,881
2.275
2.157
73
2,690
566
266
k ij
Sundry expenses
IT and website costs
Exchange rale drfference
Bank charges and commisgon
Depreciation- Fixture5 and fittings
Depreciation - Computer equipment
Bad debts
Health and accident inwJr8n
Accountancy and independent examination
Loss on disposal of fixed a&8es
3,834
34.970
{1.2931
5,413
103
29,625
(1, 134)
4.013
63
1, 786
1.012
4.835
5.041
3,850
3, 151
230.918
169.611
Independent examinerfs remunerntion
The independent examinerfs remuneration amounts lo an independent examiner fee of £2.490 12022 -
£2,265).
Page 23

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
Staff costs
2023
2022
Wages and s3laries
Social security costs
Other pension costs
141.984
12.675
110, f 56
9.405
1,655
156.897
121,216
The aver4e numbef of persons employed by the Company tlurirvJ the year was as follows..
2023
No.
2022
No.
Employees
The number of employees whose employee benefits lexduding employer penston costs) exceeded
£60,000 was.
2023
2022
No.
In the band £60.001 - £70.000
In the band £70,001 - £80,000
Total key man*Jement personnel remuneration during the period was £141.98412022.. £122.7351.
10. Executive Council m•mbgrs' remuneration and expenses
During the year, no Executive Council members received any remuneration or other benefits (2022 -
£NIL)
During the year ended 30 June 2023, travel expenses totalliry £556 were reimbursed or paid directly lo
1 Executive Council member12022 - £Nil to no Executive CouncAI members).
Page 24

THE ASSOCIATION FOR MUSIC IN IKfERNATIONAL SCHOOLS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 20fJ
Tangible fixed assets
Computer
equlpment
Cost or valuation
At 1 Juty 2022
Additions
Disposals
27,932
1,770
{18,4001
AI 30 June 2023
11,302
Depreciation
Al 1 Juty 2022
Charge for the year
On disposals
20.547
1,062
(14,6461
At 30 June 2023
7,063
Not book value
AI 30 June 2023
4.239
AI 30 June 2022
7,385
12. D9btors
2023
2022
Due within ono year
Trade debtors
Prepayments and accrued income
22,203
40.472
26,461
13,622
62,675
40,083
Page 25

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
IA company limited by guarants•l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30JUNE 2023
13. Creditors.. Amounts falling due within one year
2023
2022
Other taxation and sccial security
Other creditors
Accruals and deferred income
4,834
13,007
70,607
2,488
14,885
65,484
88.448
82.857
2023
2022
Deferred income al 1 July 2022
Resources deferred during the year
Amounts relea￿4 from previous periods
45,170
66.727
(4S,170)
38,575
45,170
f38,5T5)
66,727
45,170
Defeired income relates lo membership fees paid in advance for the period from 1 July 2023 10 30 June
2024 {2022. 1 Juty 2022 to 30 June 2023).
Page 26

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
14. Statement of funds
Statement of funds - current year
Balan¢0 at
30 June
2023
Balance at 1
July 2022
Income Expenditur•
Unrestricted funds
General Funds
272.077
509.861
{446,503)
335,435
Restricted funds
Finanaal M"d and cOmp￿tion
Scholarship Fund
9,169
429
3,740
875
11,966)
1421)
10,943
883
9,598
4.615
{2.3871
11,826
Total of funds
281,675
514,476
448,890}
347.261
The funds held in the Finanoal Aid and commi￿on Fund are for the purpose of assisting students who
might not olherwse ￿ able to attend a festival t￿YSe of Finani?al difficulties and for the purpose of
commissioning a music21 composib.on for a festival ensemble.
The funds held in the Scholarship Fund are for Ihe purtM)se of sur4)orting students in continuing their
study of music.
Page 27

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCtrk)OLS
IA company limited by guarant￿)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
14. Statement of funds {¢ontinued)
Statement of funds- prior year
Balance al
30 June
2022
Balance al
1 July 2021
Income Expenditure
Unr¢$tri¢ted funds
General Funds
176.571
305. T93
(210,287)
272,077
Restricted funds
Financial Aid and Compostbon
Scholarship Fund
7,094
2.375
(3￿)
(429)
9, 169
429
3.233
(729)
9,598
Total of fund8
183,665
309,tY26
(211,016)
281,675
Page 28

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
IA ￿mPanY 11m1t￿ by guarantee)
NOTES TO THE FINANCIAL STATEmETr￿S
FOR THE YEAR ENDED 30 JUNE 2023
15. Analysls of net assets beknn funds
Anatysis of net as8ets between fund8- ¢urrent year
Unrestricted Rostricted
fund5
funds
2023
2023
Total
funds
2023
Tangible fixed awts
Current assets
Creditors due within one year
4.239
419,644
{88,4481
4,239
431,470
<88,4481
11.826
Total
335.435
11.826
347,261
Analysis of net assets between funds - prior year
un￿striCted
funds
2022
Resliicted
funds
2022
Tolal
funds
2022
Tangible fixed assets
Current assets
Creditors due wlhin one year
7.385
347,549
(82.857)
7,385
357, 147
(82.857)
9,598
Total
272,077
9,598
281, 675
16. Reconciliation of ngl movemont in funds to net cash flow from operating a¢tivitios
2023
2022
Nel income for the yeai (as per Ststement of Financial Activibesl
65,586
98,010
Adjustrnents for:
Depreciation charges
Loss on the disposal of fixed a￿ts
Increase in debtors
1,062
3,854
123,072)
6.071
1,849
(t5,227)
30.999
Increase in creditors
Ngt cash provided by operating activities
53,501
115,631
Page 29

THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
17. Anatysis of cash and cash equivalgnts
2023
2022
Cash in hand
368.795
317,064
Total cash and cash equlvalents
368,795
317,064
18. Analysis of changes in net debt
At 1 July
2022 Cash flows
At 30 June
2023
Cash at bank and in hand
317,064
51.731
368,795
317,064
51,731
368.795
19.
Pension commltments
The company operates a defined contribution pension scherne. The assets of the scheme are held
separately from those of the company in an independenlly alministered fund. The pension cost charge
represents contributions payable by the company lo the fund and amounted to £2,23812022 - £1,655).
Conlribtrtions of £Nil12022." £Nill y￿re payable lo the fund al the balance sheet date and are included in
creditors
20. Related party transactions
The Company has not entered into any ￿lated paty transaction during the year, noT are there any
oulslanding balan￿ owng betsveen related parties and the Company at 30 June 2023.
Page 30