M4P Financial Report Accounting Year to 31[st] December 2022
Music for People (Summer School), also known as M4P, Directors:
Alison Beattie Director Jill Snowdon Director & Company Secretary Kevin John Director Stephen Taylor Director Hilary Levan Director & Treasurer
At the start of the year, helpers included, Jody McKenzie, Felicity Williams and Judi Stockwell, Audrey Brown
All posts on the Committee for Directors and Helpers are voluntary posts. None receives any payment.
Mission Statement:
To advance the education in and appreciation of music and associated arts by the public. In particular, to endeavour to encourage and facilitate lifelong learning, musical education, composition and performance with special regard to music which expresses the ideals and aims of the world’s people towards the improvement of society.
Period Covered:
The Annual Accounting Year is from 1[st] January to 31[st] December. This period overlaps with three annual Summer Schools: the residue of business of the previous School, the School held during the summer of this year and the organisation and business of the following Summer School.
Meetings:
These are held monthly and have the purpose of discussing the business required to enable the running of each year’s Summer School.
The Summer School:
The aim of the M4P Organising Committee is to organise a Summer School to run for one week from the first Saturday in August to the morning of the following Saturday.
At the start of this year, the M4P Committee closed the business of the 2022 Summer School.
The Tutors that offered to undertake courses were paid a fee for their course.
In the Autumn of 2022 , the organising committee started work to organise the 2023 Summer School, using the feedback from the Students and Tutoring team.The organising committee learns from this feedback and strives to improve the School each year.
Bursaries:
5 Bursaries were awarded in 2022.
Discounts:
Certain discounts were given for early applications and for family groups.
Finances:
All money received and spent for each Summer School and for the Accounting Year is accounted for accurately by the Treasurer. The 2022 Accounts have been checked and suitably formatted by Colin Hipwell and independently examined by Judi Stockwell.
Charity and Company Status:
M4P is a Company (Company Number 6356502) and a Charity (Charity Commission Number 1122957). Relevant returns are made as appropriate.
M4P
Income & Expenditure as at 31 December 2022
| Income Deposits Balance of Fees Virtual Summer School Donations Just Giving Donations B/fwd Deposits Donated Bank Interest Recoveries Receipts at Summer School Miscellaneous Receipts Gift Aid Fundraising Expenditure Committee Expenses General Admin Expenses Publicity Internet Giggleswick Tutors/Assistants/Accompanists Course Expenditure Making Music Capital Expenditure Miscellaneous Other Expenses Summer School Surplus for the Year Deposits B/fwd from 2021 Payments in Advance for next year Cash Surplus for the Year Opening Bank Balance Co-Op Current Account Deposit Account Uncleared Receipts Uncleared Payments Equals: Closing Bank Balance Co-Op Current Account Deposit Account Uncleared Receipts Uncleared Payments |
£ 10,620.00 92,755.75 1,989.05 1,157.75 158.33 450.46 54,033.50 26,091.63 8,201.71 98.00 - - |
£ 103,375.75 - 3,258.92 561.48 794.00 49.77 - 445.90 - 1,071.64 245.96 109,803.42 92,180.43 17,622.99 (2,754.00) (1,710.00) 13,158.99 5,524.47 18,000.00 - - 36,683.46 4,633.69 32,049.77 - - 36,683.46 |
|---|---|---|
Music For People (Summer School of Music) Income and Expenditure Account for the year ended 31 December 2022
| Turnover Cost of sales Gross profit (loss) Administrative Expenses Operating profit (loss) Interest receivable Excess (Deficit) of income over expenditure Music For People (Summer School of Music) Registered number: 06356502 Balance Sheet as at 31 December 2022 Tangible assets B/fwd from previous year Additions Depreciation (20%) C/fwd Current Assets Cash at Co-op Bank Current A/c Cash at Co-op Bank Deposit A/c Payments in advance Current Liabilities Course Deposits c/fwd to following year Net Current Assets Net Assets Reserves B/fwd from previous year Surplus/(Deficit) for the year |
2022 £ 109,754 (89,107) 20,646 (3,245) 17,402 50 17,451 £ 858 - (172) 4,634 32,050 1,710 - |
2021 £ 3,114 (3,802) (688) (5,063) (5,752) 186 (5,566) 2022 £ 687 38,393 39,080 21,629 17,451 39,080 |
£ 288 785 (215) 5,525 18,000 (2,754) |
2021 £ 858 20,771 21,629 27,194 (5,566) 21,629 |
|---|---|---|---|---|
EPENDENT EXAMINER, RE IMITED. TH DIRECTORS EGISTERED CHARITY 1122957 ! repert tg the Dire6ters en my examination E)f the aeGeunts of the MysiE f9r Peppk Ltrf (Vi.8 Charity) for the year ended 3151 December 2022. Responslbllltles and bag19 of tho r•port.% As Directors of the charity you are responslble for the preparation of the accounts In accordance ilty the requiremenlé gf tlp Gharities AEt 2011 (Yie Art.).. I report in respect of my. examination of the Charitys accounts which has been carried out un¢Jer S145(1) of the Charities Act (incom8 exceeding £25.000 but less than £1,000,000) and that, as a Voluntary Group, the Charity Commlsslon's Independent Exaffllner's Checklist does not apply. Indepandont 8xamlner'8 statomont e0mpl6t my 8xamlfta*ion. l eoF)fim knat no mater4al matt8r8 have eome to my att6Rtion i connection with th8 examlnatlon giving me cause to believe that in any material respect." 1, Aoeoynlin9 rerS warg not Ifopt In roep.¢pl of Ihe Gharfty go req¥iro¢ by $eF¢jp.n lao of the Act; or 2. The accounts do not accord with tt records. I have no concems and have come across no other matters In connection wlth the examlnatlon to which attention should be tjrawn In this report in order to enable a proper understandin9 of the 8ccount$ to b• reached. Si8Ae&.. Dated: 28 Apr.il 2023 Judi Stockwell 8 King Williom IVGardens london S'E20 7EG