|||||Page||
|---|---|---|---|---|---|
|Report ofthe|Trustees||1|to|9|
|Independent|Examiner's|Report||10||
|Statement of|Financial|Activities||||
|Balance Sheet|||12|to|13|
|Notes to the Financial Statements|||14|to|25|
|Detailed Statement
of Financial Activities|||26|to|27|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Date statistics taken|||1Jan 2019|1Jan 2020|1Jan 2021|1Jan 2022|1Jan 2023|
|---|---|---|---|---|---|---|---|
|Music therapists
registered
with||HCPC|1,080|1,162|1,174|1,278|1,216|
|BAMT Membership|2019-2023|||||||
|BAMT|||2019|2020|2021|2022|2023|
|Members
(full, newly|qualified)||821|813|856|905|896|
|Transitional,
overseas, career break,||||||||
|retired|||131|136|128|124|116|
|Trainees
(all trainee|members)||41|93|112|104|121|
|Associates
(full 5concessiona ry)|||56|60|58|82|78|
||||1,049|1,102|1,154|1,215|1,211|
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||31.12.22|31.12.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|E||E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||1,700||1,700|22,568|
|Charitable
activities||||||||
|Promotion
of music|therapy|||434,874||434,874|229,897|
|Investment
income||||2,396|95|2,491|42|
|Total||||438,970||439,065|252,507|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Promotion
of music|therapy|||421,847|500|422,347|207,551|
|Other|||||||2,031|
|Total||||421,847|500|422,347|209,582|
|NET INCOME/(EXPENDITURE)||||17123|(405)|16,718|42,925|
|Transfers between|funds||17|436|(436)|||
|Net movement
in funds||||17,559|(841)|16,718|42,925|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||366,282|46,629|412,911|369,986|
|TOTAL FUNDS CARRIED FORWARD||||383,841|45,788|429,629|412,911|
##
##
|||||31.12.22|31.12.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|E|E|f|f|
|FIXEDASSETS||||||
|Tangible assets|11|629||629|839|
|Investments|12||12,000|12,000|12,000|
|||629|12,000|12,629|12,839|
|CURRENT ASSETS||||||
|Stocks|13|910||910|910|
|Debtors|14|13,812||13,812|46,838|
|Cash at bank||399,348|33,788|433,136|351,965|
|||414,070|33,788|447,858|399,713|
|CREDITORS||||||
|Amounts
falling due within one year|15|(30,858)||(30,858)|359|
|NET CURRENT ASSETS||383,212|33,788|417,000|400,072|
|TOTAL ASSETS LESSCURRENT LIABILITIES||383,841|45,788|429,629|412,911|
|NET ASSETS||383,841|45,788|429,629|412,911|
|FUNDS|17|||||
|Unrestricted
funds||||383,841|366,282|
|Restricted funds||||45,788|46,629|
|TOTAL FUNDS||||429,629|412,911|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2.|DONATIONS|DONATIONS||AND LEGACIES||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.12.22|31.12.21|
|||||||||E||
||Donations|||||||1,116|1,888|
||Gift aid|||||||584|416|
||Legacies||||||||17,764|
||Grants||||||||2,500|
|||||||||1,700|22,568|
|3.|INVESTMENT|||INCOME||||||
|||||||||31.12.22|31.12.21|
|||||||||E|f|
||Deposit|account interest||||||2,491|42|
|4.|INCOME|FROM CHARITABLE|||ACTIVITIES|||||
|||||||||31.12.22|31.12.21|
||||||Activity|||f|E|
||Journal|income|||Promotion|of music therapy||1,956|1,925|
||Subscriptions||||Promotion|of music therapy||169,580|168,021|
||Conferences||||Promotion|of music therapy||258,227|59,951|
||Event income||||Promotion|of music therapy||317||
||National|CPD Programme|||Promotion|of music therapy||4,794||
|||||||||434,874|229,897|
|5.|CHARITABLE|||ACTIVITIES COSTS||||||
||||||||Grant|Support||
|||||||Direct|funding of|costs (see||
|||||||Costs|activities|note 6)|Totals|
|||||||E|f|E|f|
||Promotion||of music therapy|||415,030|4,625|2,692|422,347|
|6.|SUPPORT COSTS|||||||||
|||||||||Governance||
|||||||IVlanagernent|Finance|costs|Totals|
|||||||E|E|E|E|
||Promotion||ofmusic therapy|||256|486|1,950|2,692|
##
##
##
|Management|||||||
|---|---|---|---|---|---|---|
||||||31.12,22|31.12.21|
||||||Promotion||
||||||ofmusic|Total|
||||||therapy
f|activities
E|
|Trustee expenses|||||256|151|
|Finance|||||||
||||||31.12.22|31.12.21|
||||||Promotion||
||||||ofmusic|Total|
||||||therapy|activities|
||||||f|E|
|Bank charges|||||276|304|
|Depreciation|oftangible|fixed assets|||210|279|
|Governance|costs||||||
||||||31.12.22|31.12.21|
||||||Promotion||
||||||ofmusic|Total|
||||||therapy|activities|
||||||E|f|
|Accountancy|fees||||1,950|2,031|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)||is stated after charging/(crediting):|||||
||||||31.12.22|31.12.21|
||||||E|E|
|Depreciation|- owned assets||||210|279|
|Independent|examiner|fees|||1,200|1,200|
|Independent|examiner|fees —other accountancy||services|700|175|
|Rental costs|under operating||leases||9,945|10,665|
##
##
##
##
##
##
##
||||||||||31.12.22|31.12.21|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||E|E|
|Wages and||salaries|||||||136,422|112,273|
|Social security|||costs||||||9,186|6,687|
|Other pension|||costs||||||5,223|3,396|
||||||||||150,831|122,356|
|The average||monthly||number|ofemployees||during the year was as|follows:|||
||||||||||31.12.22|31.12.21|
|Administration|||||||||1|1|
|Development|||||||||1|1|
|Operations|||||||||1|1|
|No employees|||received emoluments|||in excess ofE60,000.|||||
|COMPARATIVES
FOR THE STATEMENT OF|||||||FINANCIAL ACTIVITIES||||
|||||||||Unrestricted|Restricted|Total|
|||||||||funds|funds|funds|
|||||||||E|E|f|
|INCOME AND|||ENDOWMENTS||FROM||||||
|Donations|and||legacies|||||22,168|400|22,568|
|Charitable||activities|||||||||
|Promotion||of|music therapy|||||229,897||229,897|
|Investment||income||||||23|19||
|Total||||||||252,088|419|252,507|
|EXPENDITURE|||ON||||||||
|Charitable||activities|||||||||
|Promotion||of|music therapy|||||207,351|200|207,551|
|Other||||||||2,031||2,031|
|Total||||||||209,382|200|209,582|
|10.|COMPARATIVES
FOR THE|COMPARATIVES
FOR THE|STATEMENT OF FINANCIAL ACTIVITIES - continued|STATEMENT OF FINANCIAL ACTIVITIES - continued|STATEMENT OF FINANCIAL ACTIVITIES - continued|STATEMENT OF FINANCIAL ACTIVITIES - continued|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted|Total|
||||||funds||funds|funds|
|||||||f|f|f|
||NET INCOME||||42,706||219|42,925|
||Transfers between
funds||||{2,473)||2,473||
||Net movement
in funds||||40,233||2,692|42,925|
||RECONCILIATION
OF FUNDS||||||||
||Total funds brought|forward|||326,049||43,937|369,986|
||TOTAL FUNDS CARRIED FORWARD||||366,282||46,629|412,911|
|11.|TANGIBLE FIXEDASSETS||||||||
||||||Fixtures||||
||||||and||Computer||
||||||fittings||equipment|Totals|
||||||f||f|f|
||COST||||||||
||At 1stJanuary 2022 and||||||||
||31st December 2022||||3|212|12,281|15,493|
||DEPRECIATION||||||||
||At 1stJanuary 2022||||3|212|11,442|14,654|
||Charge for year||||||210|210|
||At 31st December 2022||||3|212|11,652|14,864|
||NET BOOK VALUE||||||||
||At 31st December 2022||||||629|629|
||At 31st December 2021||||||839|839|
|12.|FIXEDASSET INVESTMENTS||||||||
||||||||31.12.22|31.12.21|
||||||||f|f|
||Investment
deposits||||||12,000|12,000|
||There were no investment||assets outside||the UK.||||
||Investments
(neither|listed|nor unlisted)||were as follows:||||
||||||||31.12.22|31.12.21|
||||||||f|f|
||NS&l Income Bond -|General||Fund|||4,000|4,000|
||NS&I Income Bond J|Alvin|Music Therapy||—General||8,000|8,000|
||||||||12,000|12,000|
##
##
|13.|STOCKS|||||
|---|---|---|---|---|---|
|||||31.12.22|31.12.21|
|||||f|f|
||Materials for sale|||910|910|
|14.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||31.12.22|31.12.21|
|||||f|f|
||Trade debtors|||450||
||Other debtors|||584|766|
||VAT|||1,187|1,036|
||Prepayrnents|||11,591|45,036|
|||||13,812|46,838|
|15.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||31.12.22|31.12.21|
|||||f|E|
||Trade creditors|||27,145|594|
||Other creditors|||1,588|(2,328)|
||Accruals and deferred||income|2,125|1,375|
|||||30,858|(359)|
##
|Minimum
lease payments
under non-cancellable
operati|ng
leases fall due as follows:||
|---|---|---|
||31.12.22|31.12.21|
||E|E|
|Within one year|5,140|9,848|
|Between one and five years||5,140|
||5,140|14,988|
##
##
##
##
|MOVEMEN|T|IN FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Net|Transfers||
|||||||||movement|between|At|
||||||||At 1.1.22|in funds|funds|31.12.22|
|||||||||E|E|E|
|Unrestricted||funds|||||||||
|General fund|||||||275,968|(18,676)|436|257,728|
|Designated||Fund|||||90,314|35,799||126,113|
||||||||366,282|17 123|436|383,841|
|Restricted|funds||||||||||
|Guildford|Academic Associates Music||||||||||
|Therapy
Fund|||||||25,393|||25,393|
|Juliet Alvin||Music Therapy||Fund|-|General|11,356|94|4,000|15,450|
|Juliet Alvin||Music Therapy||Fund-|||||||
|Humphrey||Mews Memorial||Fund|||4,436||(4,436)||
|Juliet Alvin||Music Therapy||Fund-|||||||
|Scholarship||Fund|||||1,263|(500)||763|
|Juliet Alvin||Music Therapy||Fund|—Research||||||
|Fund|||||||||||
||||||||4,181|||4,182|
||||||||46,629|(405)|(436)|45,788|
|TOTAL FUNDS|||||||412,911|16,718||429,629|
|Net movement
in funds,|||included|||in the above are as follows:|||||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in funds|
||||||||||E|f|
|Unrestricted||funds|||||||||
|General fund||||||||180,742|(199,418)|(18,676)|
|Designated||Fund||||||258,228|(222,429)|35,799|
|||||||||438,970|(421,847)|17,123|
|Restricted|funds||||||||||
|Juliet Alvin||Music Therapy||Fund -||General||94||94|
|Juliet Alvin||Music Therapy||Fund-|||||||
|Scholarship||Fund|||||||(500)|(500)|
|Juliet Alvin||Music Therapy||Fund -||Research|||||
|Fund|||||||||||
|||||||||95|(500)|(405)|
|TOTAL FUNDS||||||||439,065|(422,347)|16,718|
##
##
|||||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||movement|between|At|
||||||At 1.1.21|||in funds|funds|31.12.21|
|||||||f||f||E|
|Unrestricted|funds||||||||||
|General fund|||||276,846|||1,595|(2,473)|275,968|
|Designated|Fund||||49,203|||41,111||90,314|
||||||326,049|||42,706|(2,473)|366,282|
|Restricted funds|||||||||||
|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|||4,036||400||4,436|
|Juliet Alvin|Music Therapy||Fund-||||||||
|Scholarship|Fund||||||817|(182)|627|1,262|
|Juliet Alvin|Music Therapy||Fund|- Research|||||||
|Fund|||||||||||
|||||||7,956|||(3,775)|4,182|
||||||43,937|||219|2,473|46,629|
|TOTAL FUNDS|||||369,986|||42,925||412,911|
|Comparative|net movement||in|funds, included|in the|above are||as follows:|||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in funds|
|||||||||f|E||
|Unrestricted|funds||||||||||
|General fund||||||||189,638|(188,043)|1,595|
|Designated|Fund|||||||62,450|(21,339)|41,111|
|||||||||252,088|(209,382)|42,706|
|Restricted funds|||||||||||
|Juliet Alvin|Music Therapy||Fund-||||||||
|Hum phrey|Mews Memorial||Fund|||||400||400|
|Juliet Alvin|Music Therapy||Fund-||||||||
|Scholarship|Fund|||||||18|(200)|(182)|
|Juliet Alvin|Music Therapy||Fund|—Research|||||||
|Fund|||||||||||
|||||||||419|(200)|219|
|TOTAL FUNDS||||||||252,507|(209,582)|42,925|
##
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|Ai|
|||||At 1.1.21|in funds|funds|31.12.22|
|||||f|E|E|E|
|Unrestricted||funds||||||
|General fund||||276,846|(17,081)|(2,037)|257,728|
|Designated||Fund||49,203|76,910||126,113|
|||||326,049|59,829|(2,037)|383,841|
|Restricted|funds|||||||
|Guildford|Academic Associates Music|||||||
|Therapy
Fund||||25,393|||25,393|
|Juliet Alvin||Music Therapy|Fund - General|5,735|94|9,621|15,450|
|Juliet Alvin||Music Therapy|Fund—|||||
|Humphrey||Mews Memorial|Fund|4,036|400|(4,436)||
|Juliet Alvin||Music Therapy|Fund—|||||
|Scholarship||Fund||817|(682)|627|762|
|Juliet Alvin||Music Therapy|Fund - Research|||||
|Fund||||||||
|||||7,956||(3,775)|4,183|
|||||43,937|(186)|2,037|45,788|
|TOTAL FUNDS||||369,986|59,643||429,629|
##
##
##
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
||||f|f|E|
|Unrestricted|funds|||||
|General fund|||370,380|(387,461)|(17,081)|
|Designated|Fund||320,678|(243,768)|76,910|
||||691,058|(631,229)|59,829|
|Restricted funds||||||
|Juliet Alvin|Music Therapy|Fund - General|94||94|
|Juliet Alvin|Music Therapy|Fund-||||
|Humphrey|Mews Memorial|Fund|400||400|
|Juliet Alvin|Music Therapy|Fund-||||
|Scholarship|Fund|||(700)|(682)|
|Juliet Alvin|Music Therapy|Fund - Research||||
|Fund||||||
||||514|(700)|(186)|
|TOTAL FUNDS|||691,572|(631,929)|59,643|
##
##
##
##
##
##
##
|||||Detailed Statement of Financial Activities|||
|---|---|---|---|---|---|---|
|||||forthe year ended 31st December 2022|||
||||||31.12.22|31.12.21|
||||||E|E|
|INCOME AND|ENDOWMENTS||||||
|Donations
and||legacies|||||
|Donations|||||1,116|1,888|
|Gift aid|||||584|416|
|Legacies||||||17,764|
|Grants||||||2,500|
||||||1,700|22,568|
|Investment
income|||||||
|Deposit account||interest|||2,491|42|
|Charitable
activities|||||||
|Journalincome|||||1,956|1,925|
|Subscriptions|||||169,580|168,021|
|Conferences|||||258,227|59,951|
|Event income|||||317||
|National
CPD|Programme||||4,794||
||||||434,874|229,897|
|Total incoming||resources|||439,065|252,507|
|EXPENDITURE|||||||
|Charitable
activities|||||||
|Salaries|||||136,422|112,273|
|Social security|||||9,186|6,687|
|Pensions|||||5,223|3,396|
|Office costs|||||19,487|15,405|
|Website maintenance|||costs||2,940|2,627|
|Journal costs|||||28,830|27,930|
|Leading note|costs||||1,715|1,690|
|Marketing
and||publicity||||113|
|Regional events|||||1,373|889|
|Subscription|costs||||2,918|2,737|
|AHP rewards|||||575|575|
|Consultancy
fees||||||5,000|
|Training
and|education||costs||606|250|
|Conference costs|||||196,033|19,553|
|EDI Project|||||100|752|
|Mentor for Chair|||||158|2,040|
|AHA costs|||||5,000||
|National
CPD|Programme||||4,464||
|Student grants|||||4,625|4,900|
||||||419,655|206,817|
|||Detailed|Statement ofFina ncia IActivities|||||
|---|---|---|---|---|---|---|---|
|||forthe|year ended 31st December 2022|||||
|||||31.12.22||31.12.21||
|||||E||E||
|Support costs||||||||
|Management||||||||
|Trustee expenses|||||256||151|
|Finance||||||||
|Bank charges|||||276||304|
|Computer
equipment|||||210||279|
||||||||583|
|Governance|costs|||||||
|Accountancy|fees|||1,950||2,031||
|Total resources|expended|||422,347||209,582||
|Net income||||16,718||42,925||