M4P Annual Re ort Accountin Year to 31 December 2023 Music for Poo le Summer School also knovm a8 M4P Dlrector8'. Alison Beattie Jill Snowdon Stephen Taylor Hilary Levan Director Director & Company Secretsry Director Director & Treasurer At the start of the year, helpers included, Jody McKenzie, Felicity Williams, Judi Stockwell, Cathy Brassington and Audrey 8rtswn All posts on th8 Committee for Direciors and Helpers are voluntsry posts. None ceiVe8 any payment, Mission Stalemenl.. To advance the education in and appreciation of music and associated arts by the public. In particular, lo endeavoLtr to encourage and facili18te lifelong learning, muslcal education, composition and performance with special regard lo music which expresse8 the ideals and alms of the world's people towards the improvement of so¢iety. The Annual Accounling Year is from 111 January to 31 December. This period overtaps wrth three annual Summer Schools.. the residue of business of the previous School, the School held during the summer of thi6 year and the organisation and business of the following Summer School, Meelin These are held monthly and have the purpose of discussing the business required lo &nable the running of each year'5 Summer School. The r Scho umm The aim of the M4P Organi8ing Committee is lo organise a Summer School lo run for one week from the first Saturday in August lo the morning of the following Saturday. At the start of the year. the M4P Committee closed the business of the 2023 Summer School. The Tutors that offered to undertake courses were paid a fee for their course. All tutors are required lo submit DBS disclosures and sign a contract. A small number of free places are offered lo young people on the basis of an internship. In the Autumn of 2023 . the organi5ing committee started work lo plan the 2024 Summer School. using the feedback from the Students and Tutoring team. The organising committee learns from this feedback and strives lo improve the School each year. Bursari 3 8ursaries were awarded In 2023.
Discounts.. Certain discounts were given for early applications and for family groLtPg. Finances.. All money received and spent for each Summer School and for the Accounting Yeai is accounted for accurately by the Treasurer. The 2023 Accounts have been checked and suitably formatted by Colin Hipwell and independently examined by Gary Barnett. Cha and Com Status.. M4P is a Company (Company Number 63565021 and a Charity Icharity Commission Number 11229571. Relevant returns are made as appropriate.
Muslc For Pwplo Isummer School of Mu$kl In¢ome and Expanditurè Account lorthe year ended 31 D•camber 2023 2023 2022 Tumover Cost of $98 Gros$ Pfoflt (loss} 116,958 {106.958 10,000 109.754 89,10n 20.646 AdFninistrativa Eyn8es Operats"ng profft Oo$61 13,3951 8.605 13.2461 17,402 Interest weivabl8 Excess (D&fidll of inc4)me ovgr èxp8nditur8 519 7,124 50 17.451 Music For P•opl• ISumm•r school of Mullcl Reglt•r•d numbèr: 06358502 Bplance Sh••t 48 at 310•¢ombv 2023 2023 2022 Tangibl8 as80ts Blh¥d from pr8vious year Addition8 less dlspo$al$ Depr8cl8tion {20(A* I cifv 2,840 17051 1172) 2,821 Curr•nl A88ets Cash al Cowop Bank Currnnl AJC Cash al C¢>op Bank D8po811 Alc P4ymont8 in advane Cullpnl Llab115tle8 3.449 39,Cfj8 885 43,383 4,834 32,050 1,710 38,393 N•1 Current Aseets Net Asget8 R&serve6 Blkn from pr8vlou$ year SurplusllDefi¢itl for tho year 39,080 21,629 17,451 39,080
Independent Examlnation of Music For People {M4P) Accounts Financial year ending 31. December 2023 Background This examination was conducted by: Gary Barnett 5 Wharfside Padworth Readtng Berks RG74JS I have no fonnal training or qualification in accountancy but am considered appropriate to perfomi this examination. I have experience of 5etttng and managing budgets during my working life. I also have some understanding of business balance sheets and profit and loss accounts. I received no fee for this review. I have no relationship with either the operation or directors of M4P. This VIeW was conducted according to the guidance set out in Charity CommissÈon Document CC32, Independent Examination of Charity Accounts.. Directions and Guidance for Examiners Outcome of the Examination There were T]0 matters of 'concem' or'material significance, identified. Of the items reviewed. no errors in accounting were identified. The accounts were accurately reported. Nature of the Examlnation Accounts were prepared for review on an accalS basis although there were no party related transactions to be report¢d. It was confimied that the annual tumover was between £25k and £250k and wa5 within the range where -) independent examination rather than professional audit is appropriatc. The accounts were presented as an ittcome and expenditure account and balance sheet. All income and expenditure werc documentcd on a spreadsheet. Copies of bank stalcmenls showing transactions were also provided. Since all payments were made by bank transfer froTn the currcnt account il was possible to correlate each payment recorded on the bank statements againsl the expenditure spreadshcet. As a result of this and because all of the significant payments were made to either Giggleswick School or summer school tutors, it was not felt necessary to verify any individual receipts against tbe expenditure spreadsheet. During the examination clarifjeations were requested via e-rnail, but no changes were required as a result of the examination process. Going Coneern The purpose of M4P is to "To a¢lvaiiee ihL' ediicaiioii iii ond appi'cL'iafion ofmiisic. aiid assoc'iatLd ui'lJ by tlic pLibliL., pai'tic'iilai-. to endeavoui- to eizc'oiii-aue ciiid/cic'ililcile lifc'loiig leai-niiig, niu3iL'al Ldiic'aiioii. c'umposilioii undper/oi'i)icinL'e ,11 spe¢'i<il i-euard i(} iiiiisic. Tri'liic'li vxpiesses ihg id£'cils uiid uiFns ol'ilie 'ui'ld's peopl¢) loik'aiYl.f the iinpiY)v'L'iiiL)iil ol'JuL'ii'li' (Source. M4P website). This is achieved by running an annual summer music school. The ability to run the school is therefore essential to the aims of the charity.
Each year the cost of running the school is largely funded by the fees of the attendees. The typical annual expenditllre is greatcr than the current yeaT cnd cash in hand. The timing of the receipts of fees against the timing of the payments due can thercfor¢ be critical to ensure thc successful running of the school. M4P at year end had £43843 cash in hand. This figure is £4990 higher than the corresponding figure at the end of financial year 2022 which resulied in a successfully run school in 2023.