2022-03-31-accounts - The Music Works (Charity)

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THE MUS WOFKS ANNUAL REPORT AND ACCOUNTS 1 April 2021- 31 March 2022 Company registration number.. 05195345 Charity registrotion nvmber. 1106979

Number engaged	ofsahools per year	31	28	26
Nurrtiper	Of sottool	49	45	39	66
progrsmmes delivered per year
Murniper eo le	ot young	1 p2p	1 p13*	1,22S"	1,550

	G15Youth Voice X Upsurge show	G15Youth Voice X Upsurge show	htt		outu. be	IhU SomM8
	G15 Finale		htt		outv be	zfKzaQMikfI
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	Heart of the Forest				outu. b	-97 d509IEU
	Mix ttnd Mash		htt	st	o u.be	P XZ I
	Upsurge: Detnonz XO - Haunted	(Live Session)			u	F OEfA k5

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	fund	funds	funds
			Notes	5		5	5
INCOME AND
ENDOWMENTS FROM
Charitable	activities
Danations				11,030	82427	93,557	102,76'I
Grants					1,325,157	1,325,157	1,451,987
Investment	Income			35		35	93
Other income				33,874	210,299	244,173	131,813
Total				44,939	1,617,983	1,662,922	1,686,654.
EXPENDITURE ON Governance
Charitable	activities			39,130	811,438	850,568	494,011
Fundraising	Costs			37,907		37,907	'I9,475
	Costs			8,520		8,520	6,470
Governance	Costs			160,383	268,420	428,803	247,850
Total				245,940	1,079,858	1,325,798	767,806
NET
INCOME/(EXPENDITURE)				(201,001)	538,125	337,124	918,848
Transfers bettNeen		Funds	'i3	224,575	(2249575)
Net movement in funds				23,574	313,550	337,124	918,848
RECONCILIATION		OF
FUNDS
Total Funds	brought forward			166,695	1,385,048	1,55'l,743	632.895
TOTAL FUNDS CARRIED
FORWARD				190,269	1.698,598	1.888.867	1,551,746

For the year	ended	3j.M	arch	2022
				2022	2021
			Notes	8
Cash flows from operating	activities
Cash generated from operations				528,926	1,133,72'I
Net cash provided by operating activities				528,926	1,133,721
Cash flows fram investing	activities
Purchase oftangible fixed	assets			(383,666)	0,012,524)
Interest received				35	93
Net cash used in investing	activities			)333631)	0 012,43'I)
Change in cash and cash equivalents		In the
reporting period				145,295	121,290
Cash and cash equivalents	at the beginning of
the reporting period				661,603	540,313
Cash and cash equivalents	at the end	afthe
reporting period				806,898	661,603

1.RECONCILIATION	OF NET I	NCOME TO NET	CASH FLOW FR	OM OPERATING	ACTIVITIES
				2022f	2021f
Net income for the reporting		period (as
per the Statement	of Financial Activities)			337,124	918,848
Adjustments for.
Depreciation charges				223,539	150,015
Interest received				(35)	(93)
(increase)/decrease	in debtors			(18,148)	7,807
(Decrease)/increase	in creditors			(23,554)	57,144
Net cash provided	by operations			528,926	1,133,721
			At
2.ANALYSIS OFCHANGES IN		NET FUNDS	1/4/21f	Cash Flow f	At 31/3/22 f
Net cash			661,603	145,295	806,898
Cash at bank			661,603	145.295	806,898
Totai			661,603	145.295	806.898

2.INVESTMENT INCOME				2022	2021
Bank interest				35	93
3.INCOME FROM CHARITABLE ACTIVITIES
			Activity	2022	2021
					E
Donations Trusts LFoundations			Donations	19,487	95,150
Donations Individuals			Donobons	5,635	2,450
Donations - ln kind sponsorship			Donations	68,435	5,161
Gloucestershire County Council			Grants	18,045	59~00
Paul Harnlyn Foundation			Grants	70,000	11,717
Gloucestershire Healthy Living ond Learning Glaucestershire Clinical Commissioning Group			Grants Grants	94,988	13,000 46,000
Gloucester Culture Trust			Grants		30,000
Help Musicians UK			Grants		8,040
Real Ideas Organisation			Grants	6,500	23,000
Caring for Comrnunities8tpeople			Grants		7,500
PRS Foundation			Grants	5,500	19312
Arts Council England			Grants	317,300	357,460
Barnwood Trust			Grants	'i5,090	40,000
Moke Music Gloucestershire			Grants	224,000	220,755
Youth Music			Grants	56,964	35,963
Arts Council England Covid	Fund		Grants		38500
BBCChildren in Need			Grants	85,000	10,000
The Julia and Hans Rausing	Trust		Grants		50,000
hiational Lottery			Grants		10,000
Other Emergency Grants Social Enterprise Support Fund			Grants Grants	30,000	11,865 50,000
Youth Music Cavid Fund			Grants		9,125
Other Grants			Grants		29,750
Garfield Weston Foundation			Grants		90,000
Gloucestershlre Disability Fund			Grants		2,500
The High Sheriff of Gloucestershlre's		Fund	Grants		2,500
StJames's Place Charitable	Foundation		Grants		105,000
Thirty Percy			Grants	124,484	99,500
Cariied forward				1,l41,428	1,483,748

3.INCOME FROM CHA CONTINUED	RI	TAB	L	E A	CTIVITIES
							2022	2021
							f
Broughtforward							1,141,428	I,483,748
Youth Support								5,000
Severn Trent							4,000	36,000
Surnmerfield Charitoble	Trust						10,000	30,000
The Screwfix Foundatian							5,000
The Baify Thomas Charitoble			Fund				10,000
The Karlsson 36tiva Charitable				Foundatfon			23,472
The Clothworkers' Foundation							10,000
Esm6e Fairbairn Foundation							50,000
Gloucester City Council							40,500
Newby Trust							10,000
The Percy Bilton Charity							10,000
Peter Sowerby Foundatian							24,814
Social investment Business Grant							15,000
The Wiggin Charitable	Foundation						10,000
Wooden Spoon							12,000
The Pied Piper Appeal							30,000
The Free Hospital Trust							4,500
Gloucestershire Disabflity		Fund					2,500
Gloucester Guiidh all							500
The Cotswold Primrose	Charitable				Trust		5,000
							1,418,714	'1,554,748
						Dfrect	Support
4.CHARITABLE ACTIVITIES			COSTS			costs	costs	Totals
							(see nate
						f	5) f	f
Charitable Activfties						533,292	317,276	850,568
Fundraislng Costs							37,907	37,907
Governance Costs							8,520	8,520
Other Doy ta Day Mngrnt		Costs				366,578	62,225	428,803
						899,870	425.928	1325,798


5.SUPPORT COSTS			Governance
		Management f	costs	Totals f
Charitable Activities		317,276		317,276
Fundraising Costs		37,907		37.907
Governance Costs			8,520	8,520
Other Day to Day IVlngmt	Costs	62,225		62,225
		417,408	8,520	425,928
6.NET INCOME/(EXPENDITURE)
Net income/(expenditure)	isstoted alter charging/(crediting).
			2022	2021f
Auditors' remuneration			6,600	3,600
Other non-audit services			1,920	1,800
Oeprecilation -owned assets			233,540	150,015

ended 3I March 202 8.STAFFCOSTS	1.
		2022f	2021 f
Wages and Salaries		578,772	258,876
Social security costs		49,547	30,890
Other pension costs		15,785	9,379
		644,104	299,145
The average monthly	number af employees	during the year was as follows:
		2022	2021
Administration and	management	24	14

		Unrestricted	Restricted
		funds	fund	Totalfunds
		5
INCOME AND ENDOWMENTS	FROM
Choritable acdvities
Donotio ns		5,450	97,311	102,761
Grants		112,125	1,339,862	1,451,987
Investment income		93		93
Other income		74,700	57,'i13	131,813
Tata I		192,368	1n494,286	l,686,654
EXPENDITURE ON
Charitable activities
Charitable activities		43,358	450,653	494,011
Fundro ising Casts		19,475		19,475
Governance Costs		6,470		6,470
Other Day to Day Mngrnt Casts		86,828	161,022	247,850
Tota I		156,131	611,675	767,806
NET INCOME		36,237	882,611	918,848
TransFers between funds		(19,242)	19,242
Net movement in funds		16,995	901,853	918,848
RECONCILIATION OF FUNDS
Total funds brought forward		149,700	483,195	632,895
TOTAL FUNDS CARRIED FORWARD		166,695	1,385,048	1,551,743

10.TANGIBLE FIXEDAS	SE	TS
			Fixtures
		Short	ond	Motor
		leasehold f	fitBngs f	vehicles	Totalsf
COST
At 1Apr ii 2021		905,133	221,267		'!,126/00
Additions		130,785	205,895	46,986	383dbbb
At 31 March 2022		1,035,918	427,162	46.896	'l.510,066
DEPRECIATION
At 1April 2021		92,b52	131,659		224,311
C ha rge for yea r		103,592	1'l8,201	11,747	457,851
At 31 March 2022		196,244	249.860	l1,747	457,851
NET BOOKVALUE
At 31 March 2022		839,674	117,302	35,239	1,052,215
At 31 March 2021		812,981	89808		902089
11,DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2022f	2021f
Trade debtors				80,883	61,775
Prepayments				960	1,920
				8'l,843	63,695
12.CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2022f	2021f
Trade creditors				27,256	2,022
Accrued expenses				24,833	73,622
				52,089	75,644.

13.MOVEM	E	NT IN FUNDS
					Net	Transfers
					movement	between
				At I/O/21	in funds	funds	At 31/3/22
				E	E		E
Unrestricted		funds
Unrestricted		Fund		166,695	(201,001)	224,575	190,269
Restricted	funds
Restricted	Fund			1,385,048	538,125	(224,575)	'l,698,598
TOTAL FUNDS				1,551,743	337,124		1,888,867
Net movement		in funds, included		'ln the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					E	E	E
Unrestricted		funds
Unrestricted		Fund			44,939	(245,940)	(201,001)
Restricted	funds
Restricted	Fund				l,617,983	(1,079,858)	538,125
TOTAL FUNDS					).662,9)2	rl,t)),798)	33r,)rt
Comparatives		for movement	in	funds
					Net	Transfers
					movement	between
				At 1/4/21	in funds	funds	At 3/3/22
					E	E	E
Unrestricted		funds
Unrestricted		Fund		149,700		(19,242)	166,695
Restricted	funds
Restricted	Fund			483,195	882,6'l1	19,242	1,385,048
TOTAL FUNDS				632,895	918,848		1,551,743

13.MOVEME	13.MOVEME	NT IN FUNDS	- continued
Comparative		net movement	in funds, included	in the above are as	follaws:
				Incoming	Resources	Movement
				resources	expended	in funds
				E	E	E
Unrestricted		funds
Unrestdcted		Fund		192,368	056,131)	36,237
Restricted	funds
Restricted	Fund			1,494,286	(611,675)	882,611
TOTALFUNDS				1,686,654	(767,806)	918,848

Acurrent	ye	ar 12months an	d prior year 12months	combined positio	n isas follows:
				Net	Transfers
				movement	between
			At 1/4/20	in funds	funds	At 31/3/22
			E
Unrestricted		Funds
Unrestricted		Fund	149,700	(164,/64)	205,333	190,269
Restricted	funds
Restricted	Fund		483,195	1/h20t736	(205,333)	1,698,598
TOTALFUNDS			632.895	1,255,927		1,888,867

Acurrent year 12months and prior y in the above are as follows:	ear 12months combined net m	ovement in fund	s, included
	incoming	Resources	fvlovement
	resources	expended	in funds
	E	E	E
Unrestricted fun ds
Unrestricted Fund	237,307	(402,071)	(164,764)
Restrictecf funds
Restricted Fund	3,112,269	CI,691,533)	1,42.0,736
YOTAI FUNDS	3349,576	(2,093,604)	1,255,972

INCOME AND ENDOWItlIENTS	INCOME AND ENDOWItlIENTS			2022	202'I
				E
Investment income
Bank Interest
Charitable activities
Donations Trusts 8cFovndotions				19,487	95,150
Donations individuals				5,635	2,450
Donations —in kind sponsorship				68,435	5,'I61
Gloucestershire Caunty Council				18,045	59,400
Paul Hamlyn Foundation				7Q,QQD	11,717
Glavcestershire Heolthy Living		and Learning			13,000
Glovcestershire Clinical Comlnissioning			Group	94,988	46,000
Glovcesler Culture Trvst					30,000
Help Musicians UK					8,040
Real Ideas Organisation				6,500	23,000
Caring far Cammunitleelkpeaple					7,500
PRS Foundation				5,500	l9,412
A*sCouncil England				3'I7,300	357r450
Barnwood Trust				15,090	40,000
Make Music Glovcestershire				224,000	220,755
Youth Music				56.964	35,963
Arts Covncil England Covid BBCChildren in Need	Fund			85,000	38,500 10,000
The Julia and Hans Rausing	Trust				50,000
National Lottery					'IQ,OQQ
Other Emergency Grants Social Enterprise Support Fvnd				30,000	11,865 50,000
Youth Music Covid Fvnd					9,125
Other Grants					29,750
Garfield Weston Foundotian					90,000
Gloucestershire Disability Fund					2,500
The High Sheriff ofGlovcestershire's Fund St James's Place Charitable Faundatian					2,500 1D5,000
Thirty Percy Yovth Support Severn Trent				'124ji84 4,000	99,500 5,000 36,000
Summerfleld Charitable Trust				10,000	30,000
The Screwfix Foundation				5,000
The Baily Thomas Charitable	Fund			10,000
The Korlsson Jativa Charitable		Foundation		23,472
The Clothworkers' Foundation				10,000
Esm6e Fairbairn Foundation				50,000
Gloucester City Council Newby Trust The Percy BI!tanCharity				40,500 10,000 10,000
Carried forward				1,314,400	1,554,748

For the	yea	r	end	ed	31Mar c	h 2022
						2022	2021
							E
Charitoble activities
Brought forward						1,314,400	1,554,748
Peter Sowerby Fovndation Social investment Business Grant						24,814 15,000
The Wilggin Charitable Wooden Spoon		Foundation				10,000 12,000
The Pied Piper	Appeal					30,000
The Free Hospital Trust						4,500
Glovcestershlre	Disability		Fund Gloucester		Guildhall	2,500
The Cotswold	Primrose	Charitable		Trust		5,000
						1,418,714	1,554,748
Other income
Fees						132,261	42,396
Contributions	from Projects						74,700
Sales						70,842	6,645
Other income	- Fvrlough					41,070	8,072
						244,173	131,8i3
Total incornlnp	resources					1,662,922	1,686,654
EXPENDITURE
Charitable activities
Wages and Salaries						578,772	258,876
Socia I secudity						49,547	30,890
Pensions						15,785	9,379
Insurance						5,422	1,793
Staff Training	ond Development					16,805	'i2,489
Depreciation						233,539	150,015
						899,870	463,442
Support costs
fvlanogeinent
Manageinent	and Adrnin					35,089	80,048
Fundraising						37,907	19,475
Project Delivery Costs						302.896	166.748
Publicity, Comms 31Marketing						13,273	16,396
lvlonitoring and Evaluation						5,128	6,289
Equipment Renewals						14,651	6,l64
Subscriptlons Bod debts	and Memberships					6,9Ti 'I593	2,774
						417,408	297,894

			2022f	2021 E
Management
Governance	costs
Auditors' remuneration			6,600	3,600
Auditors' remuneration		for non audit work	1,920	1,800
Accountancy	and legal	fees		1,070
			8,520	6,470
Fatal resources expended			1,325,798	767,806
Net income			337,124	918,84B