REGISTERED COMPANY NUMBER: 07301585 (England and Wales) REGISTERED CHARITY NUMBER: 1137807
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31st December 2021
for
BRITISH ASSOCIATION FOR MUSIC THERAPY
Simpson Wreford & Partners Chartered Accountants Suffolk House George Street Croydon Surrey CR0 0YN
BRITISH ASSOCIATION FOR MUSIC THERAPY
Contents of the Financial Statements for the year ended 31st December 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 10 |
| Independent Examiner's Report | 11 |
| Statement of Financial Activities | 12 |
| Balance Sheet | 13 to 14 |
| Notes to the Financial Statements | 15 to 26 |
| Detailed Statement of Financial Activities | 27 to 28 |
BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The British Association for Music Therapy (BAMT) is the professional body for music therapy in the UK, providing both practitioners and non-practitioners with information, professional support, and training opportunities. It is also a charity committed to promoting and raising awareness of music therapy and providing information to the general public.
Our aims are:
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To promote the art and science of music therapy;
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To promote the use and development of music therapy for children and adults with a wide range of needs;
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To promote the understanding of music therapy for the general public;
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- To advance education in music therapy.
Our mission continues to be:
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To promote the profession and practice of music therapy in the UK;
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Act as a voice for those who could benefit from music therapy and for those who provide music therapy.
Recruitment and appointment of new trustees
In accordance with the Articles of Association, any person who is so willing may act as a Trustee and may be elected by ordinary resolution of the members.
At the third AGM after his or her appointment or election, a Trustee shall retire and be eligible to be re-elected for a further two three-year terms. No elected Trustee may serve for a period of more than nine years without a period of at least one year out of office.
Induction and training of new trustees
New Trustees undergo orientation sessions which include observation at a Board meeting prior to becoming a Trustee and visiting the registered office of the company to familiarise themselves in the way the organisation carries out its day to day duties and implements decisions. Business planning, the Articles of Association and financial performance are also covered. Trustees are encouraged to attend external training events which assist them in undertaking their role.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Via regular meetings and other forms of communication, the Trustees have examined all areas of operation and have identified the key risks to which the organisation is exposed.
In the opinion of the Trustees, the Association has established processes and systems which under normal circumstances should allow the risks identified by them to be mitigated to an acceptable level in its day-to-day operations.
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
OBJECTIVES AND ACTIVITIES
Public benefit
The Trustees have complied with their duty in Section 17 of the Charities Act 2011 to have due regard to the guidance published by the Charity Commission. The benefit to the public is demonstrated by the activities and achievements contained in this report.
Reserves policy
The Charity aims to hold reserves equivalent to one year's expenditure. In calculating this figure, the direct costs of the biannual conference are excluded as it is always planned that the conference is self-financing. This level of reserves allows for unexpected demands on resources as well as providing funds for future expansion by investing in new services and enhancing support to members. At the balance sheet date free reserves stood at £275,968 compared to unrestricted expenditure of £188,042 for the year.
ACHIEVEMENT AND PERFORMANCE
In this section, BAMT's subcommittee Chairs and BAMT Officers report on their committees' activities and achievements for the year in support of the charity's objects as set out in its governing document.
Governance Committee
Neil Varey, Chair of the Governance Committee
Brief description of role
The Memorandum and Articles of BAMT have been drawn up to ensure that there is a clear understanding of responsibilities, rights and powers of the trustees and members. This governing document is supported by a set of regulations which give greater detail about membership and associate membership, organisational structures and procedures.
The aim of the Governance Committee is to review the current policies set out by BAMT on a regular basis and to respond to and support the professional development needs of individual BAMT members and the UK music therapy profession as a whole. This includes identifying gaps in the current BAMT Policies and responding to changes in legislation to ensure that BAMT operates in a professional manner and promoting the profession and practice of music therapy in the UK.
Summary of the main activities undertaken for the public benefit in relation to BAMT's charitable objects
Having only taken the Chair of the Governance Committee in July 2021 I can only report on achievements since that time.
The main achievements are as follows:
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New Grievance Policy for Trustees.
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New Grievance Policy for Employees/Trustees.
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Review and re-prioritisation of all BAMT policies.
Training and Education Committee
Adrienne Freeman, Chair of the Training and Education Committee
Brief description of role
The Training and Education Committee (TEC) is a committee comprising the Programme Leaders of the 8 Master Degree music therapy training programmes within the UK. The Programme leader from Limerick remains on the Committee in an Associate capacity.
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
The remit of the TEC is:
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To speak on behalf of all training programmes on matters that affect training of music therapists to BAMT as the professional body, and through BAMT to other bodies on which BAMT has representation (e.g. HCPC, AHPELF, HEE/Prof Body Education and Training Network).
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To respond in a timely way on matters wholly or largely to do with education and training, both at the request of BAMT and on its own initiative.
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To consider the present and future needs of the music therapy profession as these relate to trainings and any threats or opportunities to these and act in the best interests of the profession as a whole.
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To consult with stakeholders/users (including service users, students, placement managers, employers etc) about the current and future needs of the profession.
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To advise BAMT on matters to do with education and training.
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To work together as a committee to continue to provide high standards of learning and teaching in music therapy across the UK.
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The TEC additionally supports and advises therapists/academic institutions that are considering setting up music therapy training programmes.
Summary of the main activities undertaken for the public benefit in relation to BAMT's charitable objects
The COVID-19 pandemic has continued to have a great impact on all programmes, with pressure having been placed particularly on the practice-based learning component of training. Conversely, the pandemic has enhanced digital experience. TEC meetings have continued to take place via remote platform, with the group providing crisis management, resource sharing and valuable support during ongoing challenges posed by the pandemic. Business meetings are held biannually with informal meetings interspersed as required. In 2021 the annual training event was for the first time held separately to any other meetings.
The TEC has met 6 times during 2021, with much email exchange between meetings.
Issues and topics discussed and addressed have included:
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Equality, Diversity, Inclusion and Belonging (EDIB): June's training event was facilitated by a member of EDIMS (Equality and Diversity in Music Studies) and focused on 'Decolonising Music Therapy Practice: Pathways Forward'. Much work on EDIB is ongoing, including consideration of access, content and face of training delivery. An EDIB informal discussion group has recently been launched for all programme staff.
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Planning recruitment of next TEC Chair: A working party was formed to revise the Knowledge and Skills document, assisted by the CEO and a Trustee with HR experience. Recruitment is following BAMT processes, with the post out for advert at the time of writing this report.
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Buddying system has continued to be used to support new programme leaders.
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Apprenticeship Scheme remains under consideration, with many logistical difficulties encountered.
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BAMT's new Director of Education and Professional Affairs will have a key role in the committee's future work.
Summary of the main achievements for the role for the year (as a result of the main activities undertaken)
The committee members shared and agreed ways to address some of the aspects of the Master Degree Education and training programmes.
In response to the continued challenges posed by the pandemic to the delivery of training, the committee values its supportive and collaborative platform of information exchange where programmes share practice, challenges and establish compatibility in adapting to and meeting their HEI and HCPC standards.
The HCPC Standards of Proficiency and Standards of Education and Training were central to all of the discussions ensuring the best care for Service Users and Students.
In a climate where there is increased time pressure for all, the training programmes continue to be committed to meeting and communicating together, resulting in highly valuable mutual understanding and development of the range of music therapy training available.
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
International Officer Tessa Watson
Brief description of role
The role exists primarily to promote BAMT and UK music therapy to the international community of music therapy, particularly as UK representative for the European Music Therapy Confederation (EMTC). There is close liaison with Trustees and members in the exchange and dissemination of material and information.
The majority of the tasks for this role involve responding to queries and signposting enquirers to information and BAMT personnel relating to the following:
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UK music therapy
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Registration
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Placements and internships
Summary of the main activities undertaken for the public benefit in relation to BAMT's charitable objects
The main activities continue to be:
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The active response to enquiries (mainly via email) about the training and practice of music therapy in the UK. Some enquirers wish to train, or may be Music Therapists qualified in countries other than the UK, trainers or employers. Central to these dialogues is the promotion of music therapy in the UK. Where additional information or knowledge is required, enquirers are signposted to relevant contacts within or outside BAMT. This includes liaison with programme leaders
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Provision of informative responses to questions from UK Music Therapists about potential practice outside the UK. This frequently includes giving detailed advice about training and registration. Additional information is given through signposting to relevant contacts within or outside BAMT, including EMTC.
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Information exchange between EMTC and BAMT in order to develop the understanding and promotion of music therapy between countries and across Europe. This includes information about bids for GA and EMTC conferences (eg 2022).
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Informative responses to questions from music therapists outside the UK regarding HCPC international route to registration, and signposting to resources.
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Attendance at the European Music Therapy Confederation General Assembly online in 2021. This assembly enables the representation and promotion of UK music therapy to the European community of music therapy.
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Managing the production of succinct, high quality minutes for the EMTC assembly and associated meetings over 2 days in 2021.
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Work on the European Music Therapy Standards (EMTS) committee. Working on a large survey of training programmes across Europe, to gather together data on standards of safe and effective music therapy practice. This has involved liaison with TEC, gathering information and working with EMTC regarding the development and position of UK training courses. I have been central to the work undertaken to put together and analyse the survey/data.
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Contributing to writing and presenting at European Congresses as appropriate for EMTC (currently planning for 2022).
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Contributing to planning for the EMTC contribution to the 2022 conference (including the 30 year celebration and events).
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Contact with European representatives from the Northern European area, including online meetings.
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Updating the UK information on EMTC webpages as required.
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Information sharing to EMTC about registration/regulation and the working of systems relating to this (such as CPD), and supporting the development of other such systems across Europe.
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Writing and presenting part of a webinar with European colleagues from EMTC to promote music therapy across Europe (November 2021).
All of this work enables both the promotion and sharing of practice and developments across Europe.
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
Summary of the main achievements for the role for the year (as a result of the main activities undertaken)
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Liaison with BAMT Trustees and the exchange and dissemination of information from BAMT to EMTC and vice versa. Throughout the year, a wide range of information is passed to BAMT and BAMT members in the form of newsletters and information for bulletins.
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Acting as a link for enquirers with a broad range of queries relating to UK music therapy and the interface with Europe/the rest of the world. Providing high quality and detailed information to enquirers.
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Likewise responding to UK enquirers about music therapy work and practice outside the UK and signposting to detailed resources/contacts.
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Close working with the EMTC and continual development of the collaborative exchange of information and discussion of issues relating to music therapy across Europe.
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Continued work with the EMTC European Music Therapy Training Standards committee to continue to analyse data and develop guidelines for safe and effective standards of education and training in Europe.
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Promoting and informing the public about music therapy in the UK through the timely and accurate response to queries from a broad range of enquirers.
Journal Committee
BJMT Editors: Tessa Watson, Alison Barrington and Emma Millard Donald Wetherick joined the team in December 2021
Brief description of role
The British Journal of Music Therapy, published twice a year, is a peer-reviewed journal that is online with Sage publications. The journal is for music therapists and other professionals interested in all aspects of music therapy, and publishes research, original articles, essays and book reviews from a variety of perspectives and approaches
Summary of the main activities undertaken for the public benefit in relation to BAMT's charitable objects
The main activities of the journal remain largely the same with innovations from year to year:
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Receiving and processing of articles for publication through ScholarOne online system, including special editions. For 2022 this includes considering the possibility of a conference edition for EMTC 2022 that will include all abstracts (dependent upon agreement by SAGE).
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The continued provision of high standards of editorial engagement with the consideration, peer review and editing of articles, essays and book reviews.
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Regular Editorial team meetings via zoom (and one face to face meeting in 2021).
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Continual development of the Editorial team (Recruitment of new Editors, Emma Millard and Donald Wetherick in 2021 following a formal appointment process with BAMT).
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Reworking of the Editorial Board, to become a more diverse representation of key partners.
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Continuing good relationships with SAGE.
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Running the Tony Wigram essay prize biennially.
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Working with BAMT to maintain a high level of governance regarding recruitment to the Editorial team and delivery of the journal.
Summary of the main achievements for the role for the year (as a result of the main activities undertaken)
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The promotion of the art and science of music therapy in the UK and internationally through the publication of 2 Editions of BJMT online with Sage publications.
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To continue to produce BJMT throughout the pandemic despite the considerable challenges (particularly in securing peer reviewers for articles).
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A special EDIB Edition will be published in May 2022.
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More extensive use of ScholarOne functionality to streamline the process of production, and generally more streamlined use of technology for the Editorial team's work.
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We were pleased to welcome Emma Millard to the BJMT team in early 2021, this has spread the workload across the 3 Editors.
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We are very pleased to welcome Donald Wetherick to the BJMT Editorial team in December 2021.
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
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The Editorial team have met with Helen Davies (BAMT Trustee) to consider how best to develop the Editorial Board to become a more diverse representation of the key partners of BJMT, and how to use this board to represent through the journal the diverse face of music therapy in the UK and internationally.
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The editors have begun to plan the International Music Therapy journal editors' meeting which they will lead at EMTC June 2022.
FROM THE BAMT CHAIR OF TRUSTEES
Eleanor Tingle
The continuing impact of the COVID-19 pandemic has been an ongoing issue for our profession in the last year. The British Association for Music Therapy (BAMT) has continued to work to provide support and guidance to its membership and the wider profession throughout this time. The ongoing hard work of the core team led by Chief Executive Andrew Langford, the Board of Trustees, and volunteer officers has been extraordinary. Thanks in particular to Andrew; to our Operations Director, Usha Aravinth; and to my predecessor in the role of Acting Chair, Jonathan Cousins-Booth. Together they have shown grit and commitment in working to ensure that our Music Therapy community continues not only to grow but to evolve as we focus on crucial issues such as equality, diversity and inclusion, against a backdrop of ever changing Covid guidance and unpredictable requests for support in difficult situations.
Following the postponement of our conference due to be held in Queen's Belfast in 2020. The uncertainty surrounding COVID-19 meant that it would not be safe to hold this event in Belfast. The conference moved to a virtual platform that enabled 574 delegates from all around the world to meet together in April 2021 to celebrate Music Therapy. As the original conference was to be hosted by Belfast, we felt it was important that the virtual conference was symbolically hosted there as well. The work to increase awareness of Music Therapy in Northern Ireland continues, with government funding streams becoming available for Music Therapists to set up work in Primary Schools and possibility of a training course for Music Therapists in the next few years.
The conference provided an opportunity to hear about the incredible work going on in the profession despite the pandemic. Whilst a virtual event, there was still space for advice clinics, networking and even a live music with bands and choirs from Belfast. At a time where many people were anxious, we were pleased that through multiple feedback channels, we heard not only that the conference offered a safe space to meet and reconnect with colleagues and the profession but also that this was an accessible conference that facilitated inclusion and belonging. We ensured that, where possible, professional captions had been added to all pre-recorded presentations and that presentation slides were readable via a screen reader. We acknowledge that we are on a journey with accessibility and seek to continue to develop for EMTC 2022 at QMU near Edinburgh.
Across the year we have continued to develop our Vision, Mission and Values alongside working on our strategic plan to be launched in 2022. Both of these seek to build into our structures systems that ensure Music Therapy moves into the future with embedded principles and operational processes which allow an ongoing means of assuring equality, diversity, inclusion and belonging (EDIB).
At Board level we have been sorry to lose Chanda Viette and Jonathan Cousins-Booth. We have welcomed Anthony Sullivan and Neil Varey who bring a great deal of experience and expertise. I am privileged and delighted to have become the Chair of Trustees. After many years as a clinician, researcher and service provider, I hope to further serve music therapy through this role with a focus on delivering a strong strategic framework based on our inclusive Vision, Mission and Values.
After much planning, we have developed a new operational role to lead on professional matters and develop mechanisms for better supporting our members and ensuring further growth and awareness of the profession. Jonathan Cousins-Booth takes on the role of Director of Education and Professional Affairs after a robust round of recruitment.
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
Our AGM took place virtually on 11 December 2021. Arrangements for this were in part impacted by the pandemic and we hope that in the future this event will move back to an earlier date and be accompanied by an additional event for members. Our need to recruit new trustees was announced at the AGM. Board meetings and committee meetings continue to take place virtually with, when possible, an annual whole Board in person 'away day' event. We hope that we will be able to recruit an increasingly diverse Board and the move to virtual meetings as an ongoing arrangement will allow many to apply who would not be able to do so were there a geographical requirement on attendance.
On behalf of all at the BAMT, I would like to thank the many volunteers who have continued to take forward our work through another year which has been difficult for many as we cope with the ongoing pandemic. Special thanks to Andrew, Jonathan, Usha, Lisa, Clare, and the Board of Trustees for their dedication, hard work and determination to continue to develop both the BAMT and the Music Therapy profession.
FROM THE BAMT CHIEF EXECUTIVE OFFICER
Andrew Langford
To add to the Chair's report, I would really like to applaud the vast amount of Music Therapists who have been able to continue to provide much needed services to so many people who benefit from the therapeutic benefits of Music Therapy. The profession has worked through extremely difficult times and has certainly learnt a lot and become more robust as a result.
I will not repeat Eleanor's remarks but suffice to say Thank You to all who enabled BAMT to do so much including an extremely successful conference, continued work on EDIB issues and increasing our directory of supportive guidance and information on COVID-19.
Work continues to get better recognition and equitable standing for music therapy. This includes working towards the profession being validated as both Allied Health Professionals but also within the Psychological Professions. Although it differs in the four nations the vast majority of AHP students have access to the training bursary - this is not the case anywhere for Music Therapy students and BAMT will continue to raise this as inequity and discrimination with the aim of getting the bursary for all of our students in the future. Similarly, most AHPs have their placement providers paid for providing their practical training and once again we are seeking equity for music therapy placements so that hopefully this will increase and better support placement providers.
I am also pleased to report that we are now working a lot more closely with art and drama therapy colleagues which is enabling us to be far more effective in responding to statutory consultations including: NICE, SIGN, HCPC, AHP strategies etc. It is also great for the profession to be involved in the National Centre for Creative Health - this will support in improving recognition for music therapy and to work with other committed organisations and individuals on campaigning for best possible holistic care, support and treatment. The National Centre for Creative Health will advance good practice and research, inform policy and promote collaboration, helping foster the conditions for creative health to be integral to health and social care and wider systems. (www.ncch.org.uk)
It has been extremely satisfying to see the different ways in which Music Therapy has been recognised and our profile raised including Josie Nugent and the team at the Foyle Down Syndrome Trust with additional Children in Need funding for Music Therapy, an OBE for Alexia Quin from Music as Therapy International, in recognition of her contribution to music therapy and the ARU music therapy team's Queen's Anniversary Prize, for world-leading work in music therapy.
I am indebted to the commitment and hard work of the board and staff team and delighted to welcome Jonathan in his new role as Director of Education and Professional Affairs.
So now we look forward to the European Music Therapy Conference in Edinburgh in June 2022 where we hope to bring to the fore diverse and radical perspectives within and around music therapy. These may "shoogle" conventional ideas, practices, and methodologies, opening up conversations about future directions for Music Therapy.
BOARD OF TRUSTEES
The Board of Trustees met six times during the year. There were two new appointments at the AGM in December 2021 and the chair at the EGM in August 2021. Expanding the Board has brought new experience and perspectives, from both within music therapy and beyond.
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
SUB-COMMITTEES
The Board is currently supported by eight sub-committees:
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Finance
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Governance
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Training and Education
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Supervision
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Continued Professional Development
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British Journal of Music Therapy
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Conference
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Archiving
BAMT STAFF
Core Team
The BAMT core team structure comprises the following roles:
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Chief Executive Officer (part-time, 0.6FTE)
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Operations Director (full time, 1.0FTE)
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Administration Officer (part-time, 0.6FTE)
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Director of Education and Professional Affairs (part-time, 0.6FTE)
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PR Officer (part-time, 5 hours/week)
MEMBERSHIP
BAMT continued to see an increase in membership during 2022 with the total membership reaching 1215.
Throughout the year, the number of members in each category tends to oscillate, reflecting the annual cycle of trainees graduating, qualified members moving to full practitioner status a year after qualifying, practitioners taking career breaks, moving overseas or retiring. The membership numbers below show the changing pattern of memberships during the past five years. To make it easier to compare, the membership types have been grouped into 3 main categories. They are members (full practitioner, newly qualified practitioner, retired, overseas and transitional members), trainees (all trainee members) and associates (full and concessionary associate members). The membership has been compared for 5 years.
| Music Therapists registered with HCPC 2018 | -2022 2018 |
2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| HCPC | 1,053 | 1,080 | 1,162 | 1,174 | 1,278 |
| BAMT Membership 2018 -2022 | |||||
| 15 July | 15 July | 1 January | 1 January | 1 January | |
| BAMT | 2018 | 2019 | 2020 | 2021 | 2022 |
| Members (Full, NQ, Transitional, Overseas, | |||||
| Career Break, Retired) | 952 | 949 | 984 | 984 | 1,029 |
| Trainees (All Trainee Members) | 41 | 93 | 112 | 112 | 104 |
| Associates (Full and Concessionary) | 56 | 60 | 58 | 58 | 82 |
| 1,049 | 1,102 | 1,154 | 1,154 | 1,215 |
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Report of the Trustees for the year ended 31st December 2021
FINANCIAL REVIEW
Agnes Laheurte, Treasurer & Chair of the Finance Committee Brief Description of the role
The role of the Treasurer, supported by the Finance Committee, is to oversee the sound financial management of BAMT in order to ensure its operations remain sustainable. The directors consider that it has been a satisfactory year for the charity. The figures in this report are for the period January 2021- December 2021.
BAMT made a surplus of £42,925 during the period ending 31 December 2021.
Income
The charity received total income of £252,506. Income from subscriptions was £168,021. The charity received £20,068 in donations (including a legacy of £17,764). During the financial year BAMT also received a grant of £2,500 from HSC Research & Development Division.
Expenditure
Total expenditure for the period was £209,581.
Restricted and Designated Funds
At the end of the financial year BAMT had a total amount of £46,629 in restricted funds. These restricted funds can only be spent for the purposes stated by the donors at the time of the donation. In addition, BAMT had another £90,314 in designated funds, which have been set aside by the trustees for specific purposes.The designated funds comprise accumulated conference surpluses (to be used for CPD activities) and funds for projects supporting the provision of music therapy in under-served communities.
In summary the key features of the period were as follows:
The Finance sub-committee continued to meet regularly to oversee the management of BAMT's finances. The systems of internal control are being strengthened by regular review of internal policies and control processes. This year this process was supported by completing an internal control self-assessment provided by the Charity Commission (CC). The questions in this document are designed to help charity trustees and their advisers evaluate the charity's performance against the legal requirements and good practice recommendations set out in the commission's guidance on internal financial controls for charities. BAMT will review the charity's performance at least once a year.
The charity closed the year with a surplus from ordinary activities of £42,925. BAMT maintains a good level of reserves to protect its sustainability. At year end, reserves were above the target level set by our reserves policy. The reserves level forms part of the regular KPIs continuously reviewed by the Finance Committee.
BAMT continues to ensure the financial stability of the organisation by operating annual budgets and financial plans. These are presented to the Finance Committee at each meeting.
We are extremely thankful to our members, donors and everyone who provides their support in the smooth running of the organisation.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07301585 (England and Wales)
Registered Charity number
1137807
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Independent Examiner's Report to the Trustees of British Association for Music Therapy
Independent examiner's report to the trustees of British Association for Music Therapy ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACA which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Patrick du Casse ACA Simpson Wreford & Partners Chartered Accountants Suffolk House George Street Croydon Surrey CR0 0YN
Date: .............................................23 June 2022
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BRITISH ASSOCIATION FOR MUSIC THERAPY
Statement of Financial Activities for the year ended 31st December 2021
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 22,166 Charitable activities 4 Promotion of music therapy 229,897 Investment income 3 24 Total 252,087 EXPENDITURE ON Charitable activities 5 Promotion of music therapy 207,350 Other 2,031 Total 209,381 NET INCOME/(EXPENDITURE) 42,706 Transfers between funds 17 (2,473) Net movement in funds 40,233 RECONCILIATION OF FUNDS Total funds brought forward 326,049 TOTAL FUNDS CARRIED FORWARD 366,282 |
Restricted funds £ 402 - 17 419 200 - 200 219 2,473 2,692 43,937 46,629 |
31.12.21 31.12.20 Total Total funds funds £ £ 22,568 3,290 229,897 179,839 41 645 252,506 183,774 207,550 187,547 2,031 2,490 209,581 190,037 42,925 (6,263) - - 42,925 (6,263) 369,986 376,249 412,911 369,986 |
|---|---|---|
The notes form part of these financial statements
Page 12
BRITISH ASSOCIATION FOR MUSIC THERAPY
Balance Sheet 31st December 2021
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 11 839 Investments 12 4,000 4,839 CURRENT ASSETS Stocks 13 910 Debtors 14 46,838 Cash at bank 316,028 363,776 CREDITORS Amounts falling due within one year 15 (2,333) NET CURRENT ASSETS 361,443 TOTAL ASSETS LESS CURRENT LIABILITIES 366,282 NET ASSETS 366,282 FUNDS 17 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - 8,000 8,000 - - 35,937 35,937 2,692 38,629 46,629 46,629 |
31.12.21 Total funds £ 839 12,000 12,839 910 46,838 351,965 399,713 359 400,072 412,911 412,911 366,282 46,629 412,911 |
31.12.20 Total funds £ 1,118 18,779 19,897 910 47,962 352,790 401,662 (51,573) 350,089 369,986 369,986 326,049 43,937 369,986 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 13
BRITISH AS%)CIATION FOR MUSIC THERAPY Balance Sheet- £onllnued 31st Do¢ember 2021 Tht5e flnan¢lal statements have been prepared In accordance wlth the provlslons appllcable to charltable eompanles sublect to the Small companles reg5me. dal were approved by the Board of Trustees and authorlsed for Issue on nd were sl8ned on its behalf bv: Eleanor Tln8le- Ch3lr of Truslees The noies fofm part of these flnanclil statements Page 14
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements for the year ended 31st December 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
British Association for Music Therapy meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transactional value unless otherwise stated in the relevant accounting policy.
Going Concern
The trustees consider that there are no material uncertainties about British Association for Music Therapy's ability to continue as a going concern. The trustees have considered the level of funds held and expected level of income and expenditure for 12 months from authorising these financial statements and have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees therefore consider it appropriate to prepare the accounts on the going concern basis given the charitable operations, current projections and historic performance.
Legal status of the Charity
The charity is a company limited by guarantee and has no share capital.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
-
the requirements of Section 7 Statement of Cash Flows;
-
the requirement of paragraph 3.17(d);
-
the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
-
the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;
-
the requirement of paragraph 33.7.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation less any accumulated impairment losses.
continued...
Page 15
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
1. ACCOUNTING POLICIES - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures and fittings - 15% on cost Computer equipment - 25% on reducing balance
Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Debtors
Other debtors are recognised at the settlement amount due after any trade discount offered, Prepayments are valued at the amount prepaid net of any discounts due.
Cash at bank and in hand
Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to third party and the amount due to settle the obligation can be measured or estimated reliably.
Creditors are recognised at their settlement amount after allowing for any trade discounts due.
Financial Instruments
The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities.
continued...
Page 16
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
2. DONATIONS AND LEGACIES
| Donations Gift aid Legacies Grants Grants received, included in the above, are as follows: Other grants 3. INVESTMENT INCOME Deposit account interest 4. INCOME FROM CHARITABLE ACTIVITIES Activity Journal income Promotion of music therapy Subscriptions Promotion of music therapy Meetings Promotion of music therapy Conferences Promotion of music therapy 5. CHARITABLE ACTIVITIES COSTS Direct Costs £ Promotion of music therapy 200,661 |
Grant funding of activities £ 4,900 |
31.12.21 £ 1,888 416 17,764 2,500 22,568 31.12.21 £ 2,500 31.12.21 £ 41 31.12.21 £ 1,925 168,021 - 59,951 229,897 Support costs (see note 6) £ 1,989 |
31.12.20 £ 2,638 652 - - 3,290 31.12.20 £ - 31.12.20 £ 645 31.12.20 £ 2,133 156,806 583 20,317 179,839 Totals £ 207,550 |
|---|---|---|---|
continued...
Page 17
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
6. SUPPORT COSTS
| Governance Management Finance costs £ £ £ Other resources expended - - 2,031 Promotion of music therapy 1,406 583 - 1,406 583 2,031 |
Totals £ 2,031 1,989 4,020 |
|---|---|
Support costs, included in the above, are as follows:
Management
| Insurance Trustee and other governance meeting expenses Trustee expenses |
31.12.21 Promotion of music therapy £ 1,255 - 151 |
31.12.20 Total activities £ 505 2,442 649 |
|---|---|---|
| 1,406 | 3,596 | |
| Finance Bank charges Depreciation of tangible fixed assets |
31.12.21 Promotion of music therapy £ 304 279 |
31.12.20 Total activities £ 285 373 |
| 583 | 658 | |
| Governance costs Accountancy fees Legal fees |
31.12.21 Other resources expended £ 2,031 - |
31.12.20 Total activities £ 2,490 11,855 |
| 2,031 | 14,345 |
continued...
Page 18
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.12.21 | 31.12.20 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 279 | 373 |
| Independent examiner fees | 1,200 | 1,580 |
| Independent examiner fees - other accountancy services | 175 | - |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st December 2021 nor for the year ended 31st December 2020.
Trustees' expenses
Trustee expenses, relating to conference costs, totalling £151 (2020 - £649) were paid to 1 (2020 - 4) trustee during the year.
9. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Administration Development Operations |
31.12.21 £ 112,273 6,687 3,396 122,356 31.12.21 1 1 1 3 |
31.12.20 £ 90,602 4,883 2,159 97,644 31.12.20 1 1 1 3 |
|---|---|---|
No employees received emoluments in excess of £60,000.
continued...
Page 19
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2,890 400 Charitable activities Promotion of music therapy 179,839 - Investment income 645 - Total 183,374 400 EXPENDITURE ON Charitable activities Promotion of music therapy 186,572 975 Other 2,490 - Total 189,062 975 NET INCOME/(EXPENDITURE) (5,688) (575) RECONCILIATION OF FUNDS Total funds brought forward 331,737 44,512 TOTAL FUNDS CARRIED FORWARD 326,049 43,937 11. TANGIBLE FIXED ASSETS Fixtures and Computer fittings equipment £ £ COST At 1st January 2021 and 31st December 2021 3,212 12,281 DEPRECIATION At 1st January 2021 3,212 11,163 Charge for year - 279 At 31st December 2021 3,212 11,442 NET BOOK VALUE At 31st December 2021 - 839 At 31st December 2020 - 1,118 |
Total funds £ 3,290 179,839 645 183,774 187,547 2,490 190,037 (6,263) 376,249 369,986 Totals £ 15,493 14,375 279 14,654 839 1,118 |
|---|---|
continued...
Page 20
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
12. FIXED ASSET INVESTMENTS
----- Start of picture text -----
31.12.21 31.12.20
£ £
Investment deposits 12,000 18,779
There were no investment assets outside the UK.
Investments (neither listed nor unlisted) were as follows:
31.12.21 31.12.20
£ £
Nat Savings Investment account - General Fund - 178
Nat Savings Income Bond - General Fund 4,000 4,000
Nat Savings Income Bond J Alvin Music Therapy - General 8,000 8,000
Nat Savings Investment Account J Alvin Music Therapy Fund - Research - 4,182
Nat Savings Investment Account J Alvin Music Therapy Fund - Scholarship - 2,419
12,000 18,779
13. STOCKS
31.12.21 31.12.20
£ £
Materials for sale 910 910
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£ £
Other debtors 766 20,969
VAT 1,036 5,135
Prepayments 45,036 21,858
46,838 47,962
----- End of picture text -----
continued...
Page 21
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.12.21 | 31.12.20 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 594 | 1,902 |
| Other creditors | (2,328) | 2,278 |
| Accruals and deferred income | 1,375 | 47,393 |
| (359) | 51,573 |
Within accruals and deferred income, deferred income amounts to £Nil (2020 - £42,189) . The deferred income in 2020 related to 2021 conference income. In the year £42,119 (2020 - £2,293) of income was released into revenue in the Statement of Financial Activities.
16. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| Within one year Between one and five years MOVEMENT IN FUNDS Unrestricted funds General fund Designated Fund Restricted funds Guildford Academic Associates Music Therapy Fund Juliet Alvin Music Therapy Fund - General Juliet Alvin Music Therapy Fund - Humphrey Mews Memorial Fund Juliet Alvin Music Therapy Fund - Scholarship Fund Juliet Alvin Music Therapy Fund - Research Fund TOTAL FUNDS |
At 1.1.21 £ 276,846 49,203 326,049 25,393 5,735 4,036 817 7,956 43,937 369,986 |
Net movement in funds £ 1,595 41,111 42,706 - - 400 (182) 1 219 42,925 |
31.12.21 £ 9,848 5,140 14,988 Transfers between funds £ (2,473) - (2,473) - 5,621 - 627 (3,775) 2,473 - |
31.12.20 £ 4,635 - 4,635 At 31.12.21 £ 275,968 90,314 366,282 25,393 11,356 4,436 1,262 4,182 46,629 412,911 |
|---|---|---|---|---|
17. MOVEMENT IN FUNDS
continued...
Page 22
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
17. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated Fund Restricted funds Juliet Alvin Music Therapy Fund - Humphrey Mews Memorial Fund Juliet Alvin Music Therapy Fund - Scholarship Fund Juliet Alvin Music Therapy Fund - Research Fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Designated Fund Restricted funds Guildford Academic Associates Music Therapy Fund Juliet Alvin Music Therapy Fund - General Juliet Alvin Music Therapy Fund - Humphrey Mews Memorial Fund Juliet Alvin Music Therapy Fund - Scholarship Fund Juliet Alvin Music Therapy Fund - Research Fund TOTAL FUNDS |
Incoming resources £ 189,637 62,450 252,087 400 18 1 419 252,506 At 1.1.20 £ 302,851 28,886 331,737 25,393 5,735 3,636 1,792 7,956 44,512 376,249 |
Resources Movement expended in funds £ £ (188,042) 1,595 (21,339) 41,111 (209,381) 42,706 - 400 (200) (182) - 1 (200) 219 (209,581) 42,925 Net movement At in funds 31.12.20 £ £ (26,005) 276,846 20,317 49,203 (5,688) 326,049 - 25,393 - 5,735 400 4,036 (975) 817 - 7,956 (575) 43,937 (6,263) 369,986 |
|---|---|---|
continued...
Page 23
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
17. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 163,057 | (189,062) | (26,005) | |
| Designated Fund | 20,317 | - | 20,317 | |
| Restricted funds | 183,374 | (189,062) | (5,688) | |
| Juliet Alvin Music Therapy Fund - | ||||
| Humphrey Mews Memorial Fund | 400 | - | 400 | |
| Juliet Alvin Music Therapy Fund - | ||||
| Scholarship Fund | - | (975) | (975) | |
| 400 | (975) | (575) | ||
| TOTAL FUNDS | 183,774 | (190,037) | (6,263) | |
| A current year 12 months and prior year 12 | months combined | position is as follows: | ||
| Unrestricted funds | At 1.1.20 £ |
Net movement in funds £ |
Transfers between funds £ |
At 31.12.21 £ |
| General fund | 302,851 | (24,410) | (2,473) | 275,968 |
| Designated Fund | 28,886 | 61,428 | - | 90,314 |
| Restricted funds | 331,737 | 37,018 | (2,473) | 366,282 |
| Guildford Academic Associates Music | ||||
| Therapy Fund | 25,393 | - | - | 25,393 |
| Juliet Alvin Music Therapy Fund - General | 5,735 | - | 5,621 | 11,356 |
| Juliet Alvin Music Therapy Fund - | ||||
| Humphrey Mews Memorial Fund | 3,636 | 800 | - | 4,436 |
| Juliet Alvin Music Therapy Fund - | ||||
| Scholarship Fund | 1,792 | (1,157) | 627 | 1,262 |
| Juliet Alvin Music Therapy Fund - Research | ||||
| Fund | 7,956 | 1 | (3,775) | 4,182 |
| 44,512 | (356) | 2,473 | 46,629 | |
| TOTAL FUNDS | 376,249 | 36,662 | - | 412,911 |
continued...
Page 24
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
17. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated Fund Restricted funds Juliet Alvin Music Therapy Fund - Humphrey Mews Memorial Fund Juliet Alvin Music Therapy Fund - Scholarship Fund Juliet Alvin Music Therapy Fund - Research Fund TOTAL FUNDS |
Incoming resources £ 352,694 82,767 435,461 800 18 1 819 436,280 |
Resources Movement expended in funds £ £ (377,104) (24,410) (21,339) 61,428 (398,443) 37,018 - 800 (1,175) (1,157) - 1 (1,175) (356) (399,618) 36,662 |
|---|---|---|
Designated funds
The designated funds comprise accumulated conference surpluses, to be used for CPD activities, and funds for projects supporting the provision of music therapy.
Guildford Academic Associates Music Therapy Fund
Donations totalling £25,000 from Guildford Academic Associates established a fund of money from which to make grants to support music therapists on recognised trainings.
Juliet Alvin Music Therapy Funds
The funds were established by a Deed of Trust in 1984 in memory of the late Juliet Alvin who founded the first music therapy training programme in the UK in 1968 at the Guildhall School of Music and Drama. The Trust is administered through BAMT but does not allow administration costs to be drawn from the fund itself.
There are fours sub-funds:
-
Scholarship fund
-
Research fund
-
Humphrey Mews Memorial fund
-
General fund
The scholarship fund is to be used to provide student grants to music therapy trainees from Guildhall School of Music and Drama.
The research fund can be sued to support music therapists undertaking research at any recognised Higher Education Institution.
The Humphrey Mews Memorial was established at a later date for the specific purpose of supporting research into Vibroacoustic Therapy. As of recently these funds are now able to be spent on other activities.
continued...
Page 25
BRITISH ASSOCIATION FOR MUSIC THERAPY
Notes to the Financial Statements - continued for the year ended 31st December 2021
17. MOVEMENT IN FUNDS - continued
The general fund is available to be used to support the purposes of the fund at the discretion of the trustees.
Transfers between funds
Transfers between funds relate to movements within prior periods that have not previously been recognised.
18. OTHER FINANCIAL COMMITMENTS
The charity operates a defined contribution pension scheme for all qualifying employees. These assets of the scheme are held separately from those of the charity in an independently administered fund. Contributions are reflected in expenditure on the same basis as an individual's salary allocation.
The charge to the Statement of Financial Activities in respect of defined contribution schemes was £3,396 (2020 - £2,159).
All commitments have been paid over to the independent administered fund at the year end (2020 - £425 outstanding).
19. RELATED PARTY DISCLOSURES
During the year £500 (2020 - £500) was paid to a trustee for taking time away from their employment to edit the British Journal Of Music Therapy.
In the year an amount of £5,000 was paid to a trustee for their consultancy services employed by British Association for Music Therapy.
These transactions have been reviewed and were considered reasonable expenses.
Page 26
BRITISH ASSOCIATION FOR MUSIC THERAPY
| Detailed Statement of Financial Activities | |||
|---|---|---|---|
| for the year ended 31st December 2021 | |||
| 31.12.21 | 31.12.20 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 1,888 | 2,638 | |
| Gift aid | 416 | 652 | |
| Legacies | 17,764 | - | |
| Grants | 2,500 | - | |
| Investment income | 22,568 | 3,290 | |
| Deposit account interest | 41 | 645 | |
| Charitable activities | |||
| Journal income | 1,925 | 2,133 | |
| Subscriptions | 168,021 | 156,806 | |
| Meetings | - | 583 | |
| Conferences | 59,951 | 20,317 | |
| 229,897 | 179,839 | ||
| Total incoming resources | 252,506 | 183,774 | |
| EXPENDITURE | |||
| Charitable activities | |||
| Salaries | 112,273 | 90,602 | |
| Social security | 6,687 | 4,883 | |
| Pensions | 3,396 | 2,159 | |
| Telephone | 1,558 | 1,495 | |
| Postage and stationery | 150 | 346 | |
| Hire of office equipment | 1,100 | 1,098 | |
| Rent | 9,565 | 10,038 | |
| Office costs | 1,776 | 4,806 | |
| Website maintenance costs | 2,627 | 13,606 | |
| Journal costs | 27,930 | 25,671 | |
| Leading note costs | 1,690 | 1,570 | |
| Marketing and publicity | 113 | 4,528 | |
| Regional events | 889 | 673 | |
| Subscription costs | 2,737 | 2,123 | |
| AHP rewards | 575 | 575 | |
| National CPD programme | - | 1,400 | |
| Consultancy fees | 5,000 | 1,020 | |
| Training and education costs | 250 | - | |
| Conference costs | 19,553 | - | |
| EDI Project | 752 | - | |
| Carried forward | 198,621 | 166,593 |
This page does not form part of the statutory financial statements
Page 27
BRITISH ASSOCIATION FOR MUSIC THERAPY
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the year ended 31st December 2021 | ||
| 31.12.21 | 31.12.20 | |
| £ | £ | |
| Charitable activities | ||
| Brought forward | 198,621 | 166,593 |
| Mentor for Chair | 2,040 | - |
| Student grants | 4,900 | 4,845 |
| Support costs | 205,561 | 171,438 |
| Management | ||
| Insurance | 1,255 | 505 |
| Trustee and other governance meeting | ||
| expenses | - | 2,442 |
| Trustee expenses | 151 | 649 |
| Finance | 1,406 | 3,596 |
| Bank charges | 304 | 285 |
| Computer equipment | 279 | 373 |
| Governance costs | 583 | 658 |
| Accountancy fees | 2,031 | 2,490 |
| Legal fees | - | 11,855 |
| 2,031 | 14,345 | |
| Total resources expended | 209,581 | 190,037 |
| Net income/(expenditure) | 42,925 | (6,263) |
This page does not form part of the statutory financial statements
Page 28