## **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