SaMM TRUSTEES REPORT June 2024
Key points for SaMM trustees June 2024
SaMM continues to provide a wide range of musical ensembles for age-groups 6 – 18 yrs old.
Student numbers have increased steadily, and SaMM is averaging attendance of 80 students every Saturday.
Finances are in good shape, with the continuing annual grant from the Devon Music Hub and income from parents through fees and donations ensuring a healthy balance sheet.
The trustees want to express their thanks to KEVVIC for their ongoing support over many years.
Emily Price (Chair) Will Blatchley (Trustee) Nick Zeiher (Trustee) Alison Hinkley (Trustee)
17[th] June,2024
Saturday Morning Music
Annual Income and Expenditure Summary
September 2022 - August 2023
Income
| DCC Funding £16,711 Payment of Fees £13,514 Donations & Awards £690 £30,915 Expenditure Tutor Fees £16,092 Administrator £6,568 Professional Fees £60 Insurance £226 Web Services £372 Stationery/Equipment £307 Repairs & Renewals £643 £24,267 Profit/Loss £6,648 31/08/2023 Current Account balance £916 Deposit Account balance £8097 |
£16,711 £13,514 £690 |
£16,711 £13,514 £690 |
£16,711 £13,514 £690 |
|---|---|---|---|
| £30,915 £16,092 £6,568 £60 £226 £372 £307 £643 £24,267 |
|||
| £6,648 | |||
Annual Finance Summary Report
SaMM Totnes
Date: 23rd March 2024
Saturday Morning Music
The finance summary for the year 2022 - 2023 shows a continued security and skillful administration of finances and funding for the SaMM charity.
The end of year balance shows sustained good management of expenses and liabilities in the wake of post-Covid funding. The organisation has shown a small increase in income and also has been able to retain the local authority funding and gain small awards from the local town council.
I am reassured that this valuable local arts resource is on a trajectory of gradual and sustained growth.
Colin Spencer
CKS Bookkeeping and Accountancy Services