THE
MUS
WOFKS
ANNUAL REPORT
AND ACCOUNTS
1 April 2021- 31 March 2022
Company registration number.. 05195345
Charity registrotion nvmber. 1106979
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|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|
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||G15Youth Voice X Upsurge show|G15Youth Voice X Upsurge show|htt||outu. be|IhU
SomM8|
|---|---|---|---|---|---|---|
||G15 Finale||htt||outv be|zfKzaQMikfI|
|K|Soundobcut
Choir
Incfest||htt|s|outu. be|dJQiziLGH8|
||Heart of the Forest||||outu. b|-97 d509IEU|
||Mix ttnd Mash||htt|st|o
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||Upsurge: Detnonz XO - Haunted|(Live Session)|||u|F OEfA
k5|
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|||||||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|
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|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|
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|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|
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|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|
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|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|
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|---|---|---|---|---|
|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|
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|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|
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|||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|
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|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.|
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|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|
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|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|
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|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|
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|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|