## **M4P Financial Report Accounting Year to 31[st] December 2025** 

## **Music for People (Summer School), also known as M4P, Directors:** 

Alison Beattie Director Jill Snowdon Director & Company Secretary Stephen Taylor Director Hilary Levan Director & Treasurer 

At the start of the year, helpers included Jody McKenzie, Felicity Williams, Cathy Brassiington, Helen Rollison and Judi Stockwell. 

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 2025 Summer School. 

In the Autumn of 2025, the organising committee started work to organise the 2026 Summer School.  The organising committee learns from this feedback and strives to improve the School each year. 

## Bursaries 

Two Bursaries were awarded in 2025. 

## Discounts: 

Discounts were awarded for early applications and a family group. 

## Finances: 



All money received and spent for each Summer School and for the Accounting Year is accounted for accurately by the Treasurer. The 2025 Accounts have been checked and suitably formatted by Colin Hipwell. The accounts were independently examined by Gary Barnett 

## Charity and Company Status: 

M4P is a Company (Company Number 6356502) and a Charity (Charity Commission Number 1122957). Relevant returns are made as appropriate. 



Income and Expenditure
Music for People (Summer School of Music)
For the year ended 31 December 2025
2025
Turnover
stydent Fees
Camper No 8reakfa5t
Child Discount
Early Biftl DISC￿￿1
142.80
1100.001
14.000.WI
86,995.00
On Participant No Breakfast
Non Porticip&ntVAT
25&
69.00
Non Residential No breakfasts
Non Residential No MeaLs
Single Room SurCha￿e
st￿dernt DEPOSits
DepositsAllotated
Total Student Fees
3.050.
23,IW.00
2,982.
3,660.00
12,333.52
112.263.521
116.226.80
Interest Income
TotalTumover
644.80
117,071.60
Cost of Sales
School Deposit& Fee
m￿siCPUrlha5e, Hire and Copy
OtherDirect Expenses
74,49&47
1,113.98
136.71
TuiorActornmodation
TutorExpense
TutorFees
3,199.96
2,095.51
2.347.02
Instrument Hire
Totsi Cost of Sales
2,935.00
117.124.65
Gross Profit ILossl
153.051
Administrative Costs
Advertising& Mar#eting
$ankand Sumvp Fees
Comtnittee Expenses
Commitiee MEetingAciommodation
DBSChetks
698.49
4.79
2,786.90
1,490.
Depreclation ExpEn5e
Gene¢31 FMpenseA
InsurartEe
4.80
76&59
281.11
Internetcosts
157.33
ITSoftware¥nd Consvrnables
215.87
114.88
IncomeandE¥pefiditufe
Mu5K ltypeop￿lSUrnMerS[th0ts40tMU￿¢l
IIJUTr1026
Pagel of2

Incorne?ndExppnditure
202$
Postage. Frel8ht&Courier
Printin8& srationery
storage
Subscriptions
Telephone& Inteinet
XtroAccouniing Package
TotalAdmiTristr¥tive Costs
ii.oo
68.os
426.00
S40.OD
65.B9
370.81
8,004.52
Operating Profit ILossl
18.057.571
Other Income and Ex
Donations
enses
E￿yT￿n￿ra1slng
2,08&60
219.06
Receipt56t Summerschool
Transfers10 Bursaty Fund
Total Other Incomeand Exppns@5
729.25
545.00
11.202.501
Z,377.43
Surplus IDeficitl on Ordinary Activitie5
Surplus (Deficit) after Taxation
15.680.141
5.680.141
IncomeandEXP￿ddlurÈ
Mu5K f&rPeopl¢I5ummerSthotsl4114UScl
11 Junw26
Poge2ot2

Balance Sheet
Music for People (Summer School of Music)
As at 31 December 2025
310Et 2D25
Fixed Assets
TanslbleAssÈtS
Audio Equipment
LessAtcumulèted DÈpreciatlon Audio Équipment
Le55Accumulated Depreciation on Musical Eouiprnent
LessAccumulated Depreciation on Ollice Equipment
Mu51cal Equlpmeni
Office Equipment
Tot•lTanglbieJs*ti
2.199.76
427.00
L,150.68
3,008.85
Totsl Flx•dAss*ts
3,408.85
CurrentAssets
C•$h at bank and In hand
Cornmunity DI￿rtpluS
1.307.50
Toi•lC•sh at bank and In hind
43,849,27
43,1￿77
Prepayrnenis
Totalcyrrent Asjrts
951.62
46,108.39
Net Current Assets ILlabllltiesl
Total Assets less Current Liabilitles
46,108.39
49.117.24
Creditors., amovnts falllnL.-. _
due after more than one
ur5ary Fund
Total Credltor5.' •mDunts1*115n8due¥ft•r morethan •ne ytar
ear
10,000.00
io,000.oo
Net Assets
39,117.24
Cap_ital and Reserves
Retained Earnlngs
T•talC•pltaland Resery•5
IS,680.141
H,797.38
39,117.14
ealJncE5heet
MJsi¢fuf People15￿MMer￿￿10lMu5IcI
11 Jun2026

Ind¢pendent Ex8rniN*tion of Mu5ir For People IM4P) A¢cO￿ll￿
Financial year ending 31° D¢eember 2025
Background
This ¢xaminaiion w&s conducted by..
Gary Bamett
5 Wharfside
Padworth
Reading
Berks
RG74JS
I have no forma] training or qualifieation in accollntancy but am CODsidered appropriate to perfor
this examination. I have experience of setting and managing budget5 during my working life. l also
have some understanding of business balance sheets and profli and105s accounts. I received no fee
for this review.
I have no relationship with either the operation or directors of M4P.
nll5 review wa5 Conduc￿d ac¢ordin8 to the guidance set out in Charity Commission Docwnent
CC32, Independent Examination of Charity Accounts-. Directions and Guidance for Examiners
Outcome of the Examination
There weTe no matiers of 'con¢em' or'materiai significance, identified. Of the items reviewed, no
errors in accounting weTe identified. The accoLmts were accurately reported.
One erroneus invotce was identified as having been submitted incorrectly by Gi8gleswick school
(Giggle5wick Deposit and FeeTransactions) but the actual amouts paad wer¢ confimied to be
corwt. No further action was necessary.
Natur¢ of the Ex8minatioD
Accounts ￿re prepared for review on an accrlla15 basis although there were no party related
tronsacttons to be reported.
It was ¢onfirmed that the annua] tUTntsver was between £25k and £250k and was within the range
where independent examination rather than professional audit is appropriate.
The accounts were presented in Xero software. The incorne and expenditure account and balance
sheet were initially reviewed and selected areas were then checked in more detail by drilling into
the individual line items within Xero. As Xero is directly linked to the bank accounts amd invoices
are uploaded the review was conducted eniirely within Xero.
Going Contern
The purpos¢ of M4P is to"To udvurtc'e ihe educalion in andapprecialion ofmusic and a5socia¢ed
aris by ihepublic. Inparlie￿1Ur, lo cndEavour iu epKnurage andfaciliioie lifelong learning, musical
educulEQlI. comp(13iliun andperJormaKcL' wFih.Ypecial regardio mu.¥ic w,hich expresses ihe ideals
undaims ofihe wvrld'.speople iuwL7rd.f ihe improvemeni vf-fr)ciety' (Source, M4P website). This is
achieved by running an annual Summer music school. The ability to n]n the school is th¢refore
e5%ntiai to the atms of the ¢harity.
M4P at year end had £46108.39 in euTrent a55ets. This figure is greater than 250/0 of the total
expected expenditure for 2025. i.e. above the minimum level determined by the ¢ommitte¢ to
su￿]e1ent to ensure that M4P can run a succcssful summer school in 2025. Longer terni th¢
committee wish to reduce this to nearer the 250/0 ihreshold by returning fi]nds to students.
Gory Barnett