2025-03-31-accounts - Music For Good

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Charity Registration No. 1108212 Company Registration No. 5321825 (England and Wales)

MUSIC FOR GOOD

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

MUSIC FOR GOOD

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Trevor Smith - Chair Nigel Walker Josephine Erwin Claire Beckett Naveen Arles

Senior management team

Emily Foulkes – Director

Charity number 1108212

Company number 5321825

Registered office

Krowji, West Park, Redruth, TR15 3AJ

Independent examiner

Koreen James FMAAT Synergy Accounting 6 Deer Park Close Teignmouth Devon TQ14 9HQ

Bankers

CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

MUSIC FOR GOOD
CONTENTS
	Page
Trustees' report	1 - 6
Statement of trustees' responsibilities	7 -8
Independent examiner's report	9
Statement of financial activities	10
Balance sheet	11
Notes to the financial statements	12 - 17

Music for Good

Report to the Trustees for the year ended 31[st] March 2025

The Trustees, who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the independently examined financial statements for the year ended 31[st] March 2024.

The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity.

Our Aims and Objectives

Music for Good is a charitable company limited by guarantee and was set up in 2001, incorporated in 2004. It is governed by a memorandum and articles of association.

The objects of the Company are for the benefit of people residing in Cornwall and other areas (the “area of benefit”), with an emphasis on those experiencing barriers (e.g as a result of social and/or economic exclusion), to advance education and appreciation of music by:

(a)The provision of music making opportunities;
(b)The provision of training, support and guidance to music practitioners;
(c) The provision of advocacy and capacity building activities and services designed to promote, improve and develop the whole music sector in the area of benefit.

Ensuring our work delivers our Aims

Music for Good reviews its aims, objectives and activity throughout the year to ensure that our activities are developed in accordance with our stated charitable purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims & objectives and in planning our future activities.

Safeguarding

Music for Good has a Safeguarding Policy and Procedures in place
A Safeguarding Committee
A Designated Professional
All freelance Music Practitioners have DBS clearance that is valid within 3 years
All freelance Music Practitioners delivering activity have attended Promoting and Safeguarding the Welfare of Children and Young People Tier 2 and some have completed Diplomas in Trauma and Mental Health Informed Practice.

We have in place quality assurance systems that include

Ensuring that all practitioners have current DBS certificates and Public Liability Insurance
Regular reporting procedures that provide quantitative and qualitative data
Quality Assurance process including peer to peer and manager observation as well as clinical supervision
Partnership Agreements with partners
Regular one to one meetings with staff and self-employed Music Practitioners
Termly group supervision with a psychologist
Monitoring visits and steering group meetings with partners
End of Project reports and meeting
Feedback from participants to track their journeys and achievements
Quarterly meetings with Trustees

This provides Music for Good with key information about:

who is benefiting from the services we provide
the impact of our work
the experiences of our partners
other provision in the localities we are working in

The focus of our work

Our main purpose continues to be delivering and facilitating high quality inclusive music making opportunities which support education and learning and promote health and well-being. The strategies we use to meet these objectives include:

Aligning our provision with local, regional and national priorities and policies

Building partnerships with education and health settings and professionals to ensure we provide services which are complementary and needs led
Maintain up to date knowledge and understanding about the education and health sectors

Vision

Following some organisational development we reviewed and refreshed our vision, mission and guiding values.

Our vision is to create a world where creative, person-centred music opportunities are accessible to all. We believe that creativity and music are birth rights and that all people can be inspired to develop their skills and interests in a way which feels authentic and relevant to them.

Mission

Music for Good is committed to harnessing the transformative power of music to drive positive change in communities, promoting social inclusion, health and well-being and empowering individuals.

Values

At the heart of Music for Good is a commitment to quality, equality and inclusion. Our values underpin all aspects of our work:

Person-centred – delivering programmes which are relevant to the needs and interests of the individuals and groups we seek to empower

Authentic and relevant – staying in our lane and delivering within the scope of our expertise and the objectives set out in our business plan

High quality – ensuring the highest level of support and training for practitioners delivering programmes and signposting on where relevant

Collaborative – working and aligning with partners who share our aspirations and values in order to enhance the services and have a wider reach

Evidence and research informed – to continue to provide the most robust approaches to our work which align with up to date research and evidence in order to keep learning and improving

Responsive and strategic – having the courage to respond and flex with trends, respond to need and constantly innovate and take risks where necessary

Music for Good Objectives and Primary Functions:

The main activities of the charity fall under 3 categories :

Delivery, Professional Development and Advocacy.

We seek to: provide:

high quality, inclusive music making opportunities designed to promote well-being and support learning
training, CPD, support and networking opportunities to the professional sector (arts and health, healthcare, music education, social care, community development, researchers)
strategic consultancy and guidance to organisations

promote:

the life changing powers of music for well-being and learning
the impacts of our music for well-being approach
the benefits of research and evidence-informed practice

support:

individuals and groups who face barriers
partners and other organisations
practitioners
the wider sector of arts and health

inspire:

Change!
Innovation
Empowerment

Our model – research and evidence-based

CONNECT – relational, trauma-informed principles to foster an environment of safety
CREATE – creative practice which is relevant, co-created and high quality
CONSOLIDATE – reflective and learning ethos for all
How our activities deliver public benefit

Our charitable activities focus on providing people with access to engage in high quality musical activities which aim to promote education and learning and support health and well-being. We do this through targeting work in identified areas and with identified participants.

Since its inception, Music for Good has worked in partnership with agencies and organisations. Many agencies including the Cornwall Music Education Hub, the NHS and the Local Authority recognise and value the benefits our services provide, across the age ranges.

Our work is recognised as having far reaching benefits beyond increasing music making skills. Participants experience increased confidence, greater abilities to work with others, improved focus and concentration and readiness to learn. Others report improvements in feelings of well-being and tangible health benefits, reducing reliance on medications.

Priority Areas

Music for Good has identified the following priority areas in its Business Plan to focus and refine our offer; they are:

Supporting Education and Learning Promoting Health and Wellbeing

At the heart of all our work is the underpinning value of inclusion for all, regardless of background, circumstance or ability.

Current climate

During this financial year, the most notable challenge to the charity has been the increasing difficulty in securing grant funding. There was some success with local pots of funding and with commissioned services in schools and for the NHS. This has enabled provision to continue. The Singing for Health Network was involved in a funded programme which enabled the delivery of a number of webinars and sustained the activity of the network. Membership alone is not sufficient to sustain the network at its current level of activity.

The Music Education Hub underwent significant change and this impacted on funds available to support the work that had previously been funded by the Hub. A new contract for the EDI work is due to be awarded which will ensure Music for Good continues to drive forward this agenda in Cornwall.

Discussions with the Board of Trustees has led the charity to make the decision to put future efforts primarily into the Singing for Health Network. This is where there is most potential for leverage of funds through a range of methods With such limited resources, it seems untenable to continue to focus on a national (international) network programme as well as the delivery programme in Cornwall. Whilst any commissions will not be turned down, it is less likely that the charity will dedicate time or resources to fundraising for activity in Cornwall, and will redirect efforts to the Singing for Health Network and associated work.

It is worth noting that core staffing costs are also associated with delivery of activity. This is because the Director is also a practitioner. This means that administration costs are not as high as they may appear.

Financial Review

Music for Good secured a total of £52,431 (2024: £139,008) in the financial year 2024/25. Of this, £15,890 was unrestricted (2024: £65,714) and £36,541 [2024:£73,294] was restricted. Main sources of funding were Cornwall Music Education Hub, Cornwall Community Foundation and contributions from Schools, including AP Academies. Membership to the Singing for Health Network provides some unrestricted income along with other traded services, such as training and services to the Sing Up Foundation. A crowdfunder appeal was successful in reaching its target and attracted matched funding from Cornwall Council.

Reserves Policy

The Board of Trustees has worked with the staff team to develop a Business Plan which ultimately is about ensuring the sustainability of the organisation. Part of that process involved looking at the risks the organisation faced. The Board has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be 3 months of the expenditure.

Suggested Reserves
Staff salaries (3 months)	£ 3,000
Other overheads (3 months)	£ 0
Redundancy lay-away	£ 2,000
Other contingency	£ 500
Total Suggested Reserves	£5,500

Financial Statement

Company law requires that Senior Management and the Board of Trustees (the Management Committee) prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year.

' Trustees Responsibilities Statement - Charitable Company

The trustees (who are also directors of Music for Good for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. 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.

In so far as the trustees are aware:

there is no relevant information of which the charitable company’s independent examiner is unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information.

By Order of the Trustees

This report has been prepared in accordance with the Charities SORP 2015 (FRS 102); and in accordance with the special provision of the Companies Act 2006 relating to small entities.

This report was approved by the Trustees on ...................................

On behalf of the Trustees ........................................... (signatory 1)

(print name)

........................................... (signatory 2)

(print name)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MUSIC FOR GOOD

Charity number 1108212 Company number 5321825

I report to the trustees on my examination of the financial statements of Music for Good (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act;

2 the financial statements do not accord with those records;

3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed Date 12[th] December 2025 Clana,

Koreen James – Fellow of the Association of Accounting Technicians (FMAAT) Synergy Accounting 6 Deer Park Close Teignmouth Devon TQ14 9HQ

Music For Good

Statement of Financial Activities for the year ended 31st March 2025

		Restricted	Unrestricted	Total	Restricted	Unrestricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
Notes		2025	2025	2025	2024	2024	2024
		£	£	£	£	£	£
Income
Income from:
Interest receivable		-	763	763	-	676	676
Donations and legacies		-	-	-	-	-	-
Charitable activities
Grants and contracts		36,541	-	36,541	73,294	-	73,294
Income from activities		-	15,127	15,127	-	65,038	65,038
Total Income		36,541	15,890	52,431	73,294	65,714	139,008
Expenditure on:
Charitable activities	9	65,603	69,367	134,970	91,885	20,867	112,752
Total expenditure		65,603	69,917	135,520	91,885	20,867	112,752
Net income/(expenditure) for the year		(29,062)	(54,027)	(83,089)	(18,591)	44,847	26,256
Transfers between Funds		-	-	-	-	-	-
Reconciliation of funds
Total funds brought forward		31,733	58,805	90,538	50,324	13,958	64,282
Total funds carried forward		2,671	4,778	7,449	31,733	58,805	90,538

Music For Good

Balance sheet as at 31st March 2025

Notes Fixed assets Tangible assets 2 Current assets Debtors 4 Cash at bank and in hand Current liabilities Creditors: amounts falling due within 12 months 3 Net Current assets Net assets Income funds Restricted funds 7 Unrestricted funds Total funds	2025 £ - - 8,049 8,049 (600) 7,449 7,449 2,671 4,778 - 7,449	2024 £ - - 91,138 91,138 (600) 90,538 90,538 31,733 58,805 - 90,538

For the year ended 31st March 2025

The company was entitled to the exemption from audit under section 477[2] of the Companies Act 2006

The members have not requested the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the act with respect to accounting records and for the preparation of the accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small company regime.

These financial statements were approved by the Trustees on.............................

On behalf of the Trustees ...............................

Name:

Company Registration No. 05321825

MUSIC FOR GOOD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 Principal Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

1.1 Basis of preparation

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the charity's Memorandum & Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. The following specific policies are applied to particular categories of income.

MUSIC FOR GOOD

1 Accounting policies (Continued)

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

I. Income received by way of grants, donations and gifts is included in full in the Statement of Financial Activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.
II. Donated services and facilities are included at the value to the charity where this can be quantified.
III. The value of services provided by volunteers has not been included in these accounts.
IV. Investment income is included when receivable.
V. Income from charitable trading activity is accounted for when earned.
VI. Income from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

1.5 Expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered

I. Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
II. 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.
III. All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

1.6 Fixed assets

Tangible fixed assets are written off over the expected useful life of the asset, at 25% per annum on the straight line basis for all items costing over £500.

Music For Good

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Tangible Fixed Assets

Musical Instuments £ Cost balance brought forward 26,394 additions in the year - 26,394 Depreciation balance brought forward 26,394 charge for the year - 26,394 Net book value at 31st March 2025 - Net book value at 31st March 2024 -	Fittings & Equipment £ 14,926 - 14,926 14,926 - 14,926 - -	Total £ 41,320 -
		41,320
		41,320 -
		41,320
		-
		-

3 Creditors Amounts falling due within one year: Sundry creditors 4 Debtors Amounts falling due within one year: sundry debtors 5 Capital commitments and contingent liabilities There are none this year 6 Employees Number of employees Calculated on the average monthly head count basis No employee received emoluments of more than £60,000. Salaries and wages Pension Social security costs	2025 £ 600 600 2025 £ -	2024 £ 600 600 2024 £ - 2025 1 £ 20,644 1,727 - 22,371	2024 1 £ 14,964 1,237 -
			16,201

Key management personnel

The total employee benefits of key management personnel were £22,371 (2024 £16,201)

Music For Good

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

7 Movement in funds

7 Movement in funds
	Balance at				Balance at
	1.4.2024	Income	Expenditure	Transfers	31.3. 2025
	£	£	£	£	£
Restricted funds
Asone	7,435	-	7,242	-	193
Youth Music	4,693	-	4,624	-	69
CC Foundation	10,002	7,350	14,255	-	3,097
Schools	426	25,591	26,718	-	(701)
Sing Up Foundation	2,777	-	2,776	-	1
NHS	6,400	3,600	9,988	-	12
	31,733	36,541	65,603	-	2,671
Unrestricted funds
General funds	58,805	15,890	69,917	-	4,778
	58,805	15,890	69,917	-	4,778

7 Movement in funds - prior year

7 Movement in funds - prior	year
	Balance at				Balance at
	1.4.2023	Income	Expenditure	Transfers	31.3. 2024
	£	£	£	£	£
Restricted funds
Asone	-	15,230	7,795	-	7,435
Youth Music	40,320	30,113	65,740	-	4,693
CC Foundation	10,004	10,000	10,002		10,002
Schools	-	2,951	2,525	-	426
Sing Up Foundation	-	6,000	3,223	-	2,777
NHS	-	9,000	2,600	-	6,400
	-	-	-	-	-
	50,324	73,294	91,885	-	31,733
Unrestricted funds
General funds	13,958	65,714	20,867	-	58,805
	13,958	65,714	20,867	-	58,805

8 Trustees

Trustees remuneration and expenses

£		£
	-		-

The trustees received no remunerations and were not involved in any related party transaction.

Music For Good

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

9 Expenditure Premises Rent and rates Insurance Post, photocopier and stationery Telephone Repairs and maintenance Total premises Wages Independent examiners' fees Depreciation Training Advertising and recruitment Bank charges Trustees expenses IT and computer Miscellaneous Workshops and music leaders fees Other project costs Legal professional and consultancy Non capitalised equipment Travel and staff expenses Shared Harmonies Subscriptions	Charitable activities £ 5,120 - 829 - - 5,949 22,505 550 - - 158 60 - 42 - 52,360 - 468 - 3,428 50,000 - 135,520	Total 2024 £ 4,719 319 1,796 - -
		6,834 16,201 600 - 1,523 739 60 - 456 - 49,934 - 33,949 - 2,456 - -
		112,752

10 Analysis of net asets between funds Tangible fixed assets Current assets Current liabilities Net assets as at 31st March 2025	General Funds £ - 5,378 (600) 4,778	Designated Funds £ - - - -	Restricted Funds £ - 2,671 - 2,671	Total £ - 8,049 (600)
				7,449

Music For Good

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

11 Analysis of prior year funds

Statement of Financial Activities for the year ended 31st March 2024

	Restricted	Unrestricted	Total	Restricted	Unrestricted	Unrestricted	Total
	Funds	Funds	Funds	Funds	Funds		Funds
Notes	2024	2024	2024	2023	2023		2023
	£	£	£	£		£	£
Income
Income from:
Interest receivable	-	676	676	-		440	440
Donations and legacies	-	-	-	-		-	-
Charitable activities
Grants and contracts	73,294	-	73,294	67,090		3,341	70,431
Income from activities	-	65,038	65,038	-		7,565	7,565
Total Income	73,294	65,714	139,008	67,090		11,346	78,436
Expenditure on:
Charitable activities	91,885	20,867	112,752	69,275		17,796	87,071
Total expenditure	91,885	20,867	112,752	69,275		17,796	87,071
Net income/(expenditure) for the year	(18,591)	44,847	26,256	(2,185)		(6,450)	(8,635)
Transfers between Funds	-	-	-	-		-	-
Reconciliation of funds
Total funds brought forward	50,324	13,958	64,282	52,509		20,408	72,917
Total funds carried forward	31,733	58,805	90,538	50,324		13,958	64,282