2021-07-31-accounts

REGISTERED COMPANY NUMBER: 07719125 (England and Wales) REGISTERED CHARITY NUMBER: 1146228

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021 FOR NATHAN TIMOTHY FOUNDATION LTD

Focal Business Group Limited

4A Church Street Market Harborough Leicestershire

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LE16 7AA

NATHAN TIMOTHY FOUNDATION LTD

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2021

Report of the Trustees	Pages 1 - 12
Independent Examiner's Report	Pages 13 - 14
Statement of Financial Activities	Page 15
Balance Sheet	Pages 16 - 17
Notes to the Financial Statements	Pages 18 - 23
Detailed Statement of Financial Activities	Pages 24 - 25

NATHAN TIMOTHY FOUNDATION LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07719125 (England and Wales)

Registered Charity number

1146228

Registered office

7 Reservoir Close

Greenhithe

Kent

DA9 9BX

Trustees

M P Buckley

M Lewis

P J Rhodes

Company Secretary

Independent examiner

The Fabulous Group Limited

4a Church Street,

Market Harborough, Leicestershire,

LE16 7AA

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NATHAN TIMOTHY FOUNDATION LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The trustees and directors who served during the year to 31 July 2021 were as follows:

Mr Melvyn Lewis

Mr Peter Rhodes

Mr Mark Buckley

The Trustees of the Nathan Timothy Foundation - The Songwriting Charity (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with financial statements of the Nathan Timothy Foundation - The Songwriting Charity (the charity) for the year ended 31 July 2020. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

The company is constituted under a Memorandum of Association and is a registered charity number 1146228. The charity is constituted as a company limited by guarantee and is therefore governed by its memorandum and articles of association. Legal responsibility for the management and stewardship of the Charity is vested in the Board of Trustees.

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STRUCTURE, GOVERNANCE AND MANAGEMENT

Method of appointment or election of trustees

The management of the charity is the responsibility of the Trustees who are elected and under the terms of the Articles of Association. Potential trustees are identified by various methods:

• i. Networking opportunities may yield interested individuals.

• ii. If it is deemed desirable to recruit a trustee with a particular set of skills, relevant experience or interest, such as in human resources, policy or fundraising, existing trustees are asked to contact their acquaintances in order to find suitable people.

• iii. In some cases, a Trustee is approached by an individual who expresses an interest in volunteering to help with our work. Potential trustees are invited to an interview with two of the trustees. They will then make a recommendation about the appointment to a meeting of the charity's Trustees, which is asked to approve the decision. No person or external body other than the trustees is entitled to appoint trustees.

Trustees meet at least four times a year via Skype, telephone conference or face-to-face are held as and when opportunity and need require it. The charity's Trustees are proactive and if they are aware of an opportunity that could positively impact our beneficiaries, they communicate these to the charity's senior management team.

Policies adopted for the induction and training of trustees

• i. Trustees are encouraged to visit existing charity projects in order to understand how the charity works, the expertise of the Workshop Leaders, and the vision of the charity.

• ii. All new trustees meet with the Chief Executive, Nathan Timothy and Director of Engagement, John Quinn.

• iii. Trustees are encouraged to study our programme descriptions and methodology.

• iv. All trustees are given the documents issued by the Charity Commission regarding the duties of trustees ("The Essential Trustee"), together with detailed documents about the charity's communications, marketing, social media, safeguarding and recruitment policies and procedures.

• v. Trustees are encouraged to visit https://www.gov.uk/topic/running-charity for all the latest information and changes in legislation and UK charity law.

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STRUCTURE, GOVERNANCE AND MANAGEMENT

Reserves

The charity maintains a small reserve. The Charity Commission's guidance provides the basis of our commitment to maintaining and where possible growing our reserve, with particular focus on mitigating either of the following scenarios:

a) A source of income, e.g. a grant, not being renewed. Funds might be needed to give the trustees time to take action if income falls below expectations.

b) The need to fund short-term deficits in a cash budget, e.g. money may need to be spent before a funding grant is received.

Public Benefit

The Trustees of the charity confirm they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission in determining the range of activities undertaken by the charity. The Trustees confirm that in planning the activities of the charity, that such activity is undertaken in the best interest of beneficiary groups and not at the detriment or exclusion of any beneficiaries.

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.

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STRUCTURE, GOVERNANCE AND MANAGEMENT

Slavery and Human Trafficking Statement

The Modern Slavery Act 2015 introduces new obligations in relation to slavery and human trafficking. The Charity is fully supportive of the new legislation. Whilst the Charity feels it has a low risk of being exposed to suppliers who utilise human trafficking or slavery, we are committed to improving our practices to combat slavery and human trafficking, where we can. Through vigilance and internal consultation and discussion, we enforce controls to ensure slavery and human trafficking is not taking place anywhere in our limited supply chains.

Due diligence processes for Slavery and Human Trafficking .

As part of our commitment to identify and mitigate risk, we regularly review our buying practices, ensuring we have in place systems to:

Identify and assess potential risk areas in our supply chains; mitigate the risk of slavery and human trafficking occurring in our supply chains; and monitor potential risk areas in our supply chains.

We work closely with a small number of regular suppliers of music technology, software, and hardware. We also purchase hardware from established businesses such as Apple Computers, eBay, Amazon UK, and other technology companies. In such cases, we are reliant on company transparency, corporate diligence, and self-regulation.

The charity realises this is not always ideal, but where such checks and balances exist outside of our control, trustees will help inform direction and any action to be taken to ensure the charity acts in accordance with its values, aims and objectives.

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OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the Nathan Timothy Foundation ‘The Songwriting Charity’ are the advancement of education and training, through the provision of songwriting (drawing on sport, multimedia, and creative arts practice) programs that enhance and support children's learning in schools and communities throughout the UK.

To act as a resource for young people up to the age of 25 living in the United Kingdom by providing advice and assistance and organising programs of physical, educational and other activities as a means of:

a) Advancing in life and helping young people by developing their skills and capabilities to enable them to participate in society as independent, mature and responsible individuals;

b) Advancing education, specifically music education and literacy;

c) Relieving unemployment, through advancement of training, creation of internship and volunteering opportunities that facilitate attainment of new skills for all young people and young adults;

d) Providing recreational and leisure time activity using songwriting and creative musical expression in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons

STATUS

The company is limited by guarantee and as such does not have any share capital. The company is also a registered charity. The charity number is 1146228.

ACCOUNTS

The trustees and directors have pleasure in submitting their report, together with the unaudited financial statements for the period ended 31 July 2021.

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TRUSTEES' AND DIRECTORS' RESPONSIBILITIES

The trustees and directors are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:

• Select suitable accounting policies and then apply them consistently.

• Make judgments and estimates that are reasonable and prudent.

• State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.

• Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in business.

The trustees and directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust and to enable them to ensure that the financial statements comply with the Charities Act 1992. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the trustees and directors.

Signed:

Mr Mark Buckley

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ACHIEVEMENT AND PERFORMANCE

The Songwriting Charity team navigated a very financially challenging and depleted financial year with an admirably creative drive and focus despite being unable to gain broader and more stabilising funding support. The team persevered and showed tremendous personal and professional resilience to find ways and means to deal with and mitigate the most difficult period in the charity’s eleven-year history.

Although the charity’s team is compact and few in numbers, close contact was maintained throughout the year not just formally but also through text, emails, and calls. Mutual support and assurance was critical to keeping spirits and energy levels sufficient to get through difficult days and weeks. We must also add that considerable amounts of work behind the scenes was conducted by the team at no cost to the charity.

All of the charity’s projects, particularly its rolling schools workshop programmes that generate the majority of the charity’s income continued to be severely impacted by restrictions and also the anxiety felt by schools’ leaders regarding transmission of Covid from outside sources. Despite daily challenges, there was hope that the summer term and new academic year would herald a return to face-to-face working in some settings while the team forged ahead with adapted delivery of one-to-one and small group work online.

Activity and Highlights

• Annual summer school transition programme at St. Paul’s Academy thanks to partners at Royal London Borough of Greenwich Children’s Services.

• Nathan and John developed a partnership and pilot project with the Cambridge Centre for Paediatric Neuropsychological Rehabilitation for 2021, providing musicbased activities as part of the ongoing rehabilitation of young people with Acquired Brain Injury. Weekly sessions with 4 participants via Microsoft Teams included music making, singing lessons, vocal exercises, mentoring, including support and advice for families. The pilot was hugely rewarding and intensely creative involving a number of creative ‘firsts’ for participants. The aim is to secure funding to enable the team to continue this programme, particularly in light of the potential for referrals to the programme from partners.

• In June and July, we were permitted back in partner schools to deliver their annual Leavers’ Songwriting workshops. The songs created by Edward Francis, Sunnybank and Thundersley Primary made up our official Class of 2021 iTunes album release 19th July. Leavers’ workshops were an annual fixture for a growing number of schools, pre-pandemic. We are glad that with restrictions easing somewhat we are able to plan ahead and discuss further opportunities with partner schools wanting to mark this special time for their students.

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• Bully Beat project funded by the Kent Community Foundation Dulverton Trust which was started during the previous financial year was finally concluded in the period under review. The deferral of £3613.00 of the £5000.00 awarded in the previous financial year was fully expended. Our report was submitted to the foundation accordingly. Note of appreciation was emailed to John acknowledging the difficult and challenging execution of the project due to the pandemic and we felt it important to share that feedback here, “I’ve just read your feedback from your Dulverton grant and just wanted to say thank you for being so detailed and so frank – it’s a really great case study of how a small frontline organisation carried on delivering during Covid, focusing on the undiminished (increased even) needs of the young people you work with, and how challenging that was. We may well be able to use it in our conversations with partners – statutory agencies particularly are still very interested in the impact of the last 15 months on the third sector. So, thank you and I hope you all feel proud for rising so brilliantly to the challenge.”

• Throughout the course of 2020/2021 Nathan and John fielded enquiries from parents concerned with the ongoing isolation and creative bottlenecks their children and young people were experiencing as a result of lockdowns and isolation due to contracting Covid. This was on top of the projects that the team were able to run earlier in the year with Covid Emergency Funding awarded in the previous financial year. This experience proved invaluable and empowered the team to find solutions and new ways of working and supporting young people and their families as the pandemic continued to disrupt learning and social routines. The support provided included.

• Information and guidance on youth mental health and support pathways.

• Sharing workshop lesson plans as bite-size creative exercises that could be utilised at home by young people.

• Supporting parents via email with further activities and ideas and signposts. ○ Running a social media campaign featuring top songwriting tips and ways to overcome creative blocks.

• Providing rolling music mentoring support with parental guidance and online studio recording and performance opportunities as a method to support young people whose self-confidence and esteem had been eroded by their isolation.

• Being available to act as a creative sounding board for young people to bounce lyrical ideas, melodies, themes, spoken word, art without judgement or critique.

• In the Spring term Behringer Music Tribe made a substantive donation of music technology. Behringer had chosen the Songwriting Charity as one of dozens of nonprofit organisations working around the world who provide music making opportunities to children and young people, particularly those who experience disadvantage and hardship. The charity’s Cambridge and Dartford offices took delivery of 60 MS-1 synthesisers and accompanying headphones in May 2021 and both teams began distributing to young people and school partners working with children and young people with additional needs.

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The Trustees would like to offer their thanks and appreciation to the following individuals and companies:

Focal Business Group for ongoing accountancy services for our team, provision of subscription to accounting software, and the company’s generous donation of £1,416 towards our lockdown Everyday Heroes project costs.

Thank you to composer Marc Sylvan for his fundraising efforts running 5000km over 12 months in support of our projects.

Paul Richards, Musician, Drum Teacher, Actor and Playwright for their virtual drum student fundraising gig.

Clear Financial Limited have maintained their donations to the charity via a monthly standing order. We’re so grateful for their ongoing support, which has been maintained despite all the difficulties affecting workers, employees, and businesses up and down the country. We’d like to personally thank Managing Director, Mr. Barry Greening, and his colleagues for their support.

Thanks to the players of the Giving Lottery who continue to support us by purchasing tickets for the weekly draw.

Thanks to everyone who committed to helping us through this turbulent period. Donation income was down another 50% from the previous year, which was to be expected, it was the drop in Project Income from our direct selling of services to schools that took the biggest nosedive falling from an already reduced £26,000 the previous year to just £5809 in this period, a fall of 77% on the previous year. An all but catastrophic hit to the charity’s finances.

With income down across the board in real terms, the charity’s team had to dig deep to continue supporting schools, individuals, and families despite struggling with a series of personal mental health crises and difficulties resulting in a withdrawal from working for a period of time. While we sought to be there as much as we could for those in need of our support, there were critical times when the charity’s team was stretched having to deal with considerable personal financial and emotional pressures as a result of ongoing uncertainties and illness, while ensuring professionalism at all times for project beneficiaries and partners.

Towards the end of the financial year prospects improved with bookings for the annual Royal London Borough of Greenwich Children’s Services transition summer school confirmed, expected positive news emerged from the continuation of our work with the Southend Music and Education Hub, Kent and Medway Schools and Cambridgeshire and Peterborough NHS Mental Health Trust. The summer term did also see a return to some schools and some semblance of (restricted) normality, but we remain positive for the year ahead.

Approved by order of the board of trustees on 24[th] March 2022 and signed on its behalf by:

Mr Mark Buckley

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF NATHAN TIMOTHY FOUNDATION LTD

I report on the accounts for the year ended 31 July 2021 set out on pages seventeen to twenty-eight.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

• examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the general Directions given by the Charity

Commission (under section 145(5)(b) of the Charities Act, and

• to state whether particular matters have come to my attention

Basis of the independent examiners report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

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• accounting records were not kept in accordance with section 386 of the Companies Act 2006; or

• the accounts do not accord with such records; or

• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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

• the accounts have not been prepared in accordance with the Charities SORP (FRS102).

I 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.

Michael Osborne Focal Business Group Limited 4a Church Street, Market Harborough, Leicestershire, LE16 7AA

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NATHAN TIMOTHY FOUNDATION LTD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR 31 JULY 2021

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NATHAN TIMOTHY FOUNDATION LTD

BALANCE SHEET FOR THE YEAR 31 JULY 2021

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NATHAN TIMOTHY FOUNDATION LTD

BALANCE SHEET - CONTINUED FOR THE YEAR ENDED 31 JULY 2021

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 July 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.

These financial statements have been prepared in accordance with the special provisions of Part J5 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on 24[th] March 2022 and were signed on its behalf by:

Mr Mark Buckley - Trustee

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NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JULY 2021

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NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JULY 2021

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NATHAN TIMOTHY FOUNDATION LTD

NOTES FOR THE YEAR 31 JULY 2021

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7. TRUSTEES’ RENUMERATION AND BENEFITS

Trustees’ expenses There were no trustees' expenses paid for the year ended 31 July 2021 nor for the year ended 31 July 2022

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1. cRED￿ORS. A￿￿uMTs FALLING DUE W￿H1￿ ONE YEAR Trade ¢T•throis 3.613 3.613
2. PIDVEMENT IN FUIIDS Ket Transfer Movement in between Funds funds At 11W20 At 311T121 unreStr￿ted fundg General 8,419 1217} 8,202 RetrKted Fund Awards For All KCF Du￿ertctrn KCF cov￿j Fund TOTAL FUMDS 217 8202 Net ￿vement tsi funds. ii¢luded in the above are a$ fob)w$ .' 22

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JULY 2021

12. ULTIMATE CONTROLLING PARTY

The Charity is under the joint control of the trustees.

13. TAXATION

The company is treated as a charity within the meaning of the Income tax and Corporation Taxes Act 1988 and has been afforded exemptions from taxation under section 505 of that act.

12. COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have a share capital. Each of the members is liable to contribute an amount not exceeding £1

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towards the assets of the company in the event of liquidation.

NATHAN TIMOTHY FOUNDATION LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR 31 JULY 2021

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RESOURCES EXPENDED rect Charrtable Expenditure Sundry project expenses Hire of equipment Travel & accomodation 5.268 5.268 976 Subcontraclors 45.573 36.300 Depreciation of tangit)le fixed assets 50N1 42,5M c￿l￿rnanCe Costs Accountancy 600 600 Management & Administr4lKyn 01 The Chat Rent Rates & Water Light & Heat Telephone Sundnes Subcontiadors Computèr and intémet expenses 3.687 2.410 3,687 2,410 Financè Bank Charges 87 60 Other Promots"onal Expenses Dues and subscriptions Printing & reproduth.on Total Reswrces Expen¢Jed 55215 45,614 Net Income 2171 4,0541 25