## **Trustees’ Annual Report for the period** ## From **1 September 2022** to **31 August 2023** Charity name: **Furness Music Centre** Charity registration number: **1112934** ## Objectives and Activities ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|a) to advance, improve, develop and
maintain public education in, and
appreciation of, the art and science of
music in all its aspects by any means
the trustees see fit, including through
the presentation of public concerts and
recitals.
b) To assist and support such charitable
institutions or purposes as the trustees
shall from time to time determine.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|In this reporting period Furness Music
Centre re-established the pattern from
before the covid pandemic with weekly
rehearsals for all ensembles in term time
and a public performance at the end of
each term.
Further opportunities for members to make
music and audiences to enjoy it were
provided over the Christmas period, and 40
members joined a successful tour of
Northern Ireland in the summer of 2023.
Furness Music Centre also provided
instrument lessons in orchestral
instruments for more than 40 children and
adults throughout the year| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Throughout this period the trustees have
taken due regard of the guidance on public
benefit issued by the Charity Commission| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|Furness Music Centre is generally not a
grant-making charity, and no grants were
made in this period by the charity| |Policy on social investment
including program related
investment|Para 1.38|Furness Music Centre does not make
social investments| |---|---|---| |Contribution made by
volunteers|Para 1.38|All of Furness Music Centre trustees, who
carry out all of the administrative activities
that support the charity, are unpaid
volunteers. Without the contribution of its
trustees, Furness Music Centre would not
be able to operate.
A number of members also volunteer their
services at concerts and in organising the
tour each year| |Other||| ## Achievements and Performance ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Making music in an ensemble, whether this
be playing in an orchestra, singing in a
choir or both, has multiple positive effects
on both children’s education and adult
mental well-being.
A number of studies have demonstrated a
statistically significant improvement in
general educational outcome where
children also learn to play an instrument
(e.g.,Does learning to play an instrument
have an impact on change in attainment
from age 11 to 16?)
.
Playing in an ensemble also improves
teamwork, teaches collaboration skills,
develops confidence and involves almost
every sense and motor function in the body
The health benefits of singing are also well
documented, and Furness Music Centre is
registered with the local social prescribing
practitioner team.
Our members also gain socially, with
plentiful reference to the ‘Furness Music
Centre family’. Some of our older
members live alone and have significantly
improved social lives from participating in
the activities offered by Furness Music
Centre.
Finally our concert bring pleasure to our
audience members, many of whom attend
all of our concerts throughout the year.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|The trustees set no formal objectives for
the period| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|Furness Music Centre does not raise funds
from the public, and no fundraising
objectives were set by the trustees| Furness Music Centre does not make Investment performance financial investments and the trustees against objectives Para 1.41 therefore did not make any such objectives Other ## Financial Review |Financial Review||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|This period saw some significant financial
activity for the charity. The financial
records together with the information held
on the website enabled Gift Aid to be
claimed on members’ subscriptions.
A Production Company, with three trustees
as directors, was also formed to enable
Orchestra Tax Relief to be claimed,
although no claim under this scheme was
made during this reporting period. The
charity has loaned a sum of £1,500 to the
production company to provide it’s working
capital
A record turnover of £58,294.50 was
achieved during the period of operation
with income and expenditure were broadly
balanced during the period of operation.
The actual expenditure of £55,058.51 does
not include the cost of coach hire for the
tour in the summer of 2023, which was
£3,300
A balance of £12,313.44 was held in the
charity’s account at the end of the year
(with the liability for tour coach hire of
£3,300 effectively reducing this to
£9.013.44
A balance of £2,340.52 was held in the
production company’s account at the end of
the year
The charity also owns a significant number
of musical instruments which are used to
support instrumental teaching and are
available for members to loan. These are
valued at £13,835| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The reserves policy of the charity over this
period was to hold a minimum of £10,000 in
reserves. These are held in the charity’s
and production company’s bank accounts| |Amount of reserves held|Para 1.22|Total cash reserves of £ 14,653.96 were
held, with a liability of £3,300| |Reasons for holding zero
reserves|Para 1.22|Not applicable| |Details of fund materially in
deficit|Para 1.24|No funds held by the charity have been in
deficit during the period| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The trustees believe that there are no
material uncertainties about their charity's
ability to continue as a going concern| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
The charity’s principal sources of funds
supporting the operation of the charity
during this period are:

Membership Subscriptions

Grant funding from Cumbria Music
Hub

Grant funding from local charitable
trusts

Personal donations

Proceeds raised by concerts

Gift Aid

Fees for the provision of instrument
lessons

Member’s tour fees| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Furness Music Centre does not have any
financial investments, and therefore an
investment policy is not required| |A description of the principal
risks facing the charity|Para 1.46|The two variable elements in terms of
income and expenditure are concerts and
the annual tour and these represent the
main financial risks to the charity.
In practice, concerts have always
generated more income than they cost to
stage, with both income and expenditure
being relatively small and so this risk is
considered minimal.
The tour often represents over one third of
the total turnover of the charity and so is
the primary risk to the charity.
The trustees manage this risk by setting
budgets and monitoring member’s take-up
of the tour. Risks are minimised by the fact
that the financial commitment up to one
month ahead of the tour is less than the
cancelation insurance held by the charity.| |Other||| ## Structure, Governance and Management |Description of charity’s
trusts:||Furness Music Centre holds no funds as
trusts| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|The governing document for Furness Music
Centre is its Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Furness Music Centre is constituted as an
unincorporated association| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are nominated at the Annual
General Meeting and elected by the
members. No person or body is entitled to
nominate or appoint a trustee| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|
Furness Music Centre has a ‘welcome
pack’ for new trustees and offers an
induction session. The charity commission
guidance for new trustees is also
signposted| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|Furness Music Centre has a number of
trustee roles, including Chair, Treasurer,
Assistant Treasurer, Secretary, and
Membership Secretary.
A number of sub-groups, made up of
trustees, including finance, concerts,
safeguarding and publicity also support the
work of the charity
The charity engages a Musical Director and
a Choral Director to lead the musical
activities of the charity. It also engages
instrument teachers to provide lessons.| |Relationship with any
related parties|Para 1.51|Furness Music Centre is a founder partner
organisation within Cumbria Music Hub| |Other||| ## Reference and Administrative details |Charity name|Furness Music Centre| |---|---| |Other name the charity uses|FMC| |Registered charity number|1112934| |Charity’s principal address|Furness Music Centre,
Dunnerholme Crossing,
Kirkby-in-Furness
Cumbria LA17 7TU| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Dates acted if not for**
**whole year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---|---| ||Fiona MaryRoberts|Chair|||| ||Harriet Louise Hampshire||4 March 2023 onwards||| ||Madelaine Heslop||4 March 2023 onwards||| ||Simone Bernadette Huitson||4 March 2023 onwards||| ||Judith MaryWray||4 March 2023 onwards||| ||Janet Elizabeth Heffernan||4 March 2023 onwards||| ||Janet Aitken||4 March 2023 onwards||| ||Graham John Wood||||| ||Jean Ashworth||||| ||David John Gillam||||| ||TimothyJohn Baxter|Secretary|||| ||Peter Fitzpatrick|Treasurer|||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||Corporate trustees–names of the directors at the date the report was approved
**Director name**||||| ||**Director name**||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Fiona Mary Roberts Peter Fitzpatrick **Position (eg Secretary,** Chair Treasurer **Chair, etc)** 16[th] January 2024 Date **----- Start of picture text -----**
Charity Name No (if any)
Furness Music Centre 1112934
Receipts and payments accounts CC16a
Period start date Period end date
For the period from 01/09/2022 To 31/08/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
A1a Donations, legacies and other minor receipts 20,149 - - 20,149 9,380
A1b(i) Operating activities to further charity's objects 37,876 - - 37,876 32,195
A1b(ii) Operating activities to generate funds - - - - -
A1c Investment income receipts - - - - -
A1d Other receipts (not counting as Gross Income) 269 - - 269 -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for AR) 58,294 - - 58,294 41,575
A2 Asset and investment sales, (see table).
- - - - -
- - - - -
Sub total - - - - -
Total receipts 58,294 - - 58,294 41,575
A3 Payments
A2a Payments for Generating Funds - - - - -
A2b(i) Charitable Payments - Grants Paid - - - - 100
A2b(ii) Charitable Payment - Charitable Activities 51,916 - - 51,916 43,428
A2b(iii) Charitable Payments - Support Costs 2,922 - - 2,922 1,425
A2b(iv) Charitable Payments - Management & Administration - - - - -
A2c Other payments (not counting as "Expenditure") 220 - - 220 470
- - - - -
- - - - -
- - - - -
Sub total [ 55,059 ] - - 55,059 45,423
A4 Asset and investment purchases, (see table)
- - - - -
- - - - -
Sub total [ - ] - - - -
Total payments 55,059 - - 55,059 45,423
Net of receipts/(payments) 3,236 - - 3,236 - 3,848
A5 Transfers between funds - - - - -
A6 Cash funds last year end 9,140 - - 9,140 12,988
Cash funds this year end 12,376 - - 12,376 9,140
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period** **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|Current Account|12,376|-|-| |-|-|-| |-|-|-| |———_———|Total cash funds|12,376|-|-| |(agree balances with receipts and payments account(s))|OK|OK|OK| |Unrestricted|Restricted|Endowment| |funds|funds|funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|-|-|-| |-|-|-| |-|-|-| |-|-|-| |——$|Fund to which|—|—|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|-|-| |-|-| |-|-| |-|-| |——$—|—| |Fund to which|Current value| |Cost (optional)| |Details|asset belongs|(optional)| |B4 Assets retained for the charity’s own use|FMCjuniors Musical Instruments - Flutes|Unrestricted Funds|-|4,600| |FMCjuniors Musical Instruments - Vioilins|Unrestricted Funds|-|2,025| |FMCjuniors Musical Instruments - Clarinets|Unrestricted Funds|-|2,600| |FMCjuniors Musical Instruments - Nuvo Doods|Unrestricted Funds|160| |FMC Musical Instruments - Violin|Unrestricted Funds|-|100| |FMC Musical Instruments - Cellos|Unrestricted Funds|-|2,800| |FMC Musical Instruments - Double Bass|Unrestricted Funds|-|700| |FMC Musical Instruments - Trumpets|Unrestricted Funds|-|700| |FMC Musical Instruments - Xylophone|Unrestricted Funds|-|150| |-|-| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities|—E|Hire of Coach for the 2023 Tour|A2b(ii)|EE|3,240|30/09/2023| |-| |-| |-| |-| |Signed by one or two trustees on behalf of all the trustees|SS|Signature|SS|Print Name|5S|Date of approval|ES| |Peter Fitzpatrick|06/06/2024| |we]| **----- End of picture text -----**
## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees** FURNESS MUSIC CENTRE ~~CO~~ **On accounts for the year** 31[ST] AUGUST 2023 **Charity no** 1112934 **ended (if any) Set out on pages** 1-2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 08 / 2023. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination 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 accounts to be reached. **Date:** 04/06/2024 **Signed: Name:** David Aitken ~~CO~~ **Relevant professional** i) Chartered Institute of Management Accountants. **qualification(s) or body** ii) Association of International Certified Professional Accountants **(if any): Address:** 29 Ainslie Street Barrow in Furness Cumbria - LA14 5AY **Oct** 1 **IER 2018** ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **Oct** 2 **IER 2018**