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2021-03-31-accounts

TRUSTEES’ ANNUAL REPORT & ACCOUNTS for the period ending 31 MARCH 2021

Charity Registration Number 1151872

Finding Rhythms CIO 32 Cubitt Street, London, WC1X 0LR

FIIIDING RHYTHMS Trustees, Amual Report and ACCOU￿8. 2020-21 ij

Trustees’ Annual Report and Accounts, 2020-21

INDEX PAGE
Reference & Administrative Details 4
Trustees’ Report:
Structure, Governance and Risk Management
Objects
Mission
Words from the Chair
Achievements & Performance
Impact
Statement of Public Benefit
The Finding Rhythms Team
Trustees
Plans for 2020-21
Financial Statement & Reserves Policy
Benefactors in 2020-21
Statement of Trustees’ Responsibilities		 5
5
6
6
7
9
11
12
13
14
15
16
16
Independent Examiner’s Report 17
Statement of Financial Activities 18
Balance Sheet 19
Notes to the Accounts 20-26

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Trustees’ Annual Report and Accounts, 2020-21

Legal Name: Finding Rhythms CIO
Charity Registration
No:		 1151872
Registered address: 32 Cubitt Street,
London, WC1X 0LR
Governing Document: Constitution dated 2 May 2013
Revised 12 March 2020
Trustees who served: Jonty Kinsella, Chair from October 2020
Herb Nahapiet, OBE, Chair to October 2020
David Jenkins, Treasurer
Kieron Tilley
John Reiss
Mykaell Riley
Mike Conway
Robin Harris, also an Executive
Patrons:
Robin Millar, CBE
Herb Nahapiet, OBE
Gerard Elias, CBE QC
Max Reinhardt
His Honour Judge Nicholas Hilliard QC
Baroness Floella Benjamin, OBE
Principal staff: Robin Harris, Creative/Operations Director
Dami Solebo, Business Director
Bankers: CAF Bank, 25 Kings Hill Avenue,
Kings Hill,
West Malling,
Kent, ME19 4TA
Insurers: CaSE Insurance Services Limited,
Manor House,
19 Church Street,
Leatherhead, KT22 8DN
Independent Examiner: Debbie Mace
23 Forgebank Walk,
Halton, LA2 6FD
Website: www.finding-rhythms.co.uk

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Trustees’ Annual Report and Accounts, 2020-21

Trustees’ Report

The Trustees are pleased to present their annual report together with the financial statements for Finding Rhythms CIO for the year ending 31 March 2021.

The financial statements comply with the Charities Act 2011, and 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 2015).

Structure, Governance and Risk Management

Finding Rhythms was founded as a Charitable Incorporated Organisation with a Constitution dated 2 May 2013.

During the financial year ending March 2021, eight Trustees served on the Board of Finding Rhythms and they are referred to throughout this report as the Trustees or the Board. The Trustees represent a broad range of skills and experience, spanning business, governance, music, and the criminal justice sector. They do not receive any remuneration for their roles as Trustees.

Included in the eight Trustees is Herb Nahapiet OBE, who resigned as Chair of the Board in October 2020. He was replaced by Jonty Kinsella. Additionally, Robin Harris became a Trustee in January 2021, combining this with his role as an Executive. As of the end of the financial year, Finding Rhythms has seven Trustees.

Day-to-day management of the charity is the responsibility of the Creative Director and the Business Director with continual support and advice from the Trustees.

During 2020-21, the Board met formally four times and held a number of less formal meetings with management to guide operations and ensure that the charity continued to meet its charitable objectives.

The Trustees have reviewed the major risks and are confident that there are appropriate systems in place to manage them.

Objects

The objects of Finding Rhythms laid out in its Constitution are as follows:

by means (not exclusively) of the teaching and encouragement of music in prisons and in other institutions established for the care or education of people.

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Trustees’ Annual Report and Accounts, 2020-21

Mission

We deliver collaborative music-making courses for those at risk of (re)offending either within the prison estate or in the community. Our creative courses utilise music industry professionals and coaches, who empower marginalised and disadvantaged individuals to improve their lives. Our distinctive approach gives beneficiaries confidence, self-belief and soft skills preparing them for a better future in society and supporting desistance. Our culturally relevant practitioners use high quality music production equipment and modern values to provide meaningful opportunities. Their expertise and emotional intelligence ensure that a unique and untapped sense of creativity is coaxed from participants, empowering them in a distinct way. From the commencement of the charity to 31 March 2021 we have worked with over 500 participants in 25 prisons, and 150 learners in probation and community settings, completing approximately 50 albums of original music. Over 300 prisoner participants have achieved BTEC qualifications.

Words from the Chair - Jonty Kinsella

The first six months of my chairmanship have been somewhat challenging. Challenging in regard of me learning the ropes and how the management system works, catching up on the charity’s history, and having two periods of lockdown. We delivered some community work with ex-prisoners and some with those ‘at risk’ in the community; but no access was available to prisons. Due to the shortfall in projects, the Board and I decided to furlough our Business Director, Dami Solebo from January through to March for two days a week. During this time Dami was still working fruitfully for the charity and gathered some more grants and made more contact with community partners. This was a valuable time in that regard.

The Creative Director, Robin Harris, continued to work on a variety of individual projects. The biggest was the publication of the first edition of the guidebook ‘A Musical Journey’. This considerable piece of work was also incorporated into the development of both training documents and online face-to-face meetings with the musicians who were working on the community projects running at the start of 2021. We embedded the Prince’s Trust Level 1 targets for personal development and employability within this guidebook. One hundred copies were printed of this first guidebook, and we were able to do this because of a donation from the Montgomery Neuroscience Fund at Carnegie Mellon University. For this generosity we are most grateful. To support the Prince’s Trust delivery, investigations were made to secure the names of some qualified coaching experts to deliver some online teaching presentations to a small selection of our musicians. We also continue to develop a strategy for inclusivity and to this end we have incorporated the names of some of our musicians who have contributed greatly to our work in the ‘Finding Rhythms Team’ section, in this Report. In early 2021 we also started our quest to develop an online delivery model. We searched for possible ways of reaching prisoners, and Dami was very thorough in his investigation of possible online delivery partners. We investigated, in some detail, how a company called Unilink might use our work in developing their own educational delivery arm through a dedicated, secure visual link to individual prisoners. This partnership included a joint presentation about the efficacy of remote delivery at the most recent International Corrections and Prisons Association conference.

On a personal note, I should like to thank all the staff who have dealt with the difficulties with great forbearance and patience. We were sad to lose, at the end of 2020, the skills and personal strengths of our part time Operations Manager, Rachel Casey. Rachel wanted to develop her career on a different pathway. It was decided, not to pursue a replacement for this position until we could see how the landscape would look going forward into the next financial year. Overall, this period of lockdown has been very fruitful in terms of developing closer bonds between the Board and the executive. It has also given time for reflection and for the production of yet more creative ideas and strategies, which will stand us in good stead for our development and growth when things return to normal.

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Trustees’ Annual Report and Accounts, 2020-21

Achievements and Performance

Below is a summary of the targets outlined in last year’s Accounts for 2020-21 and our ability to fulfil them. We aimed to:

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Trustees’ Annual Report and Accounts, 2020-21

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Trustees’ Annual Report and Accounts, 2020-21

Impact

We know that our projects help learners to develop in three important areas: Relationships, Employment and Identity. Below is some feedback from our evaluation process and quotes from participants.

Identity

We give participants the chance to shine at something, whether that’s singing, rapping, lyric writing or being a facilitator and to take pride in their achievements.

95% of participants said projects helped them feel more positive and optimistic

94% said that the projects helped them to feel more useful

“Sometimes it’s hard to look to your future. You don’t know how you are going to end up. But being with Finding Rhythms has helped give me a passion and made me think about what else I can achieve”

“You have really helped me come out of my shell, and I know it’s because you guys show us the kind of respect that we don’t normally receive”

Relationships

The challenge of creating music from scratch requires participants to work as a team, communicate effectively and respect each other’s contribution.

89% said that the course helped them to work with other people

95% said that the course helped them to communicate and listen

“Everyone works differently, so it’s just about being patient with one another and taking into consideration about other people’s ways of operating”

“I’m used to doing my own thing. I’ve learned that you have to trust other people a bit and work in a team”

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Trustees’ Annual Report and Accounts, 2020-21

Employment

Our courses encourage many of the soft skills that employers look for including communication and task management.

94% of participants said the project helped their planning and organisation skills

82% said that the project improved their ability to work to deadlines

“I set myself targets every week, and even though I didn’t always achieve them, by the end of the project I had overcome my biggest obstacles”

“This project really helped me with managing time, and staying calm when things go wrong”

“This course will help you keep focus and not get disheartened when things don’t go your way”

Below is a summary of our activities over the last year

15 musicians and producers lead our projects

78 people participated in our intensive programmes

11 programmes were delivered, including projects with 6 new partners

2 former beneficiaries took up roles in the organisation as ambassadors

2 former beneficiaries supported our delivery and recruitment process

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Trustees’ Annual Report and Accounts, 2020-21

Statement of Public Benefit

Purposeful activity can take many forms when supporting individuals at risk of offending. Consultations carried out by the Prison Policy Network have expressed the need to use arts and creativity to support engagement, tackle isolation and build optimism. Darren Henley OBE, Chief Executive of the Arts Council said the following. “Access to the arts shows you how you can live your life differently and make a meaningful contribution to society”

At the best of times, prisoners can face intolerable pressures, in addition to isolation and inactivity. This has only been exacerbated by the impacts of the pandemic. One prisoner said the following. “Activities help to motivate people to get through their sentence and give that time a purpose. The quarantine regime curtailed most of these opportunities and led many to question whether their lives had a purpose”. Personal development and rehabilitation come from a way of life that allows relationships to be formed by prisoners and confidence and skills to be developed.

In our experience, prisons value the contribution of music and arts interventions in prisons. Our commissioning opportunities contracted over the financial year, but we expect the Dynamic Procurement System to provide increased tendering opportunities next year as institutions attempt to return to some form of normality.

We recognise that there is a common theme of lack of purposeful activity for disadvantaged and young people in the community, particularly during evenings and holiday periods. Without meaningful engagement, individuals can be isolated, demoralised and or potentially participate in risky behaviours. As a result, we appreciate the value of our activities in these settings.

The Trustees have read and understood the Charity Commission’s guidance on Public Benefit.

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Trustees’ Annual Report and Accounts, 2020-21

The Finding Rhythms Team

Robin Harris | Trustee & Creative/Operations Director

Robin is a Musical Director, Composer & Producer who works across a variety of fields in the music industry and currently works as Musical Director for The Ritz (London) and Soho House (London). He has led more than 25 Finding Rhythms projects after founding the organisation in 2012. He is passionate about music education and re-connecting people with their creative selves.

Dami Solebo | Business Director Dami has over 10 years’ experience working in both the private and third sectors. In the latter, he has worked in fundraising and programme development leadership roles growing the impact of charities supporting marginalised and challenged youth throughout the UK.

Louisa Austin | Operations Manager from August 2021 Louisa is an early interventions specialist and trauma-informed practitioner who has dedicated her career to advocating for people in the criminal justice system. In 2017, Louisa was a Prison Custody Officer at HMP Bronzefield. In 2018, she was asked to supervise a Finding Rhythms project in the prison and began following the charity’s work.

George Barrett | Project Leader George is an award-winning music practitioner and educator. He is a multi-disciplined practitioner who utilises various music genres and educational styles to teach and empower young people and young adults with learning challenges. He is an accomplished rapper who has worked with acclaimed Hip Hop acts including Public Enemy. George has worked in educational settings and prisons for over a decade in addition to creating training and delivering training programmes for other practitioners.

Tom Wright Goss | Project Leader

Tom Wright Goss is a guitarist, writer, and producer from East London. Tom has written music on two top ten albums, composed music for international runway shows and had his music featured in films and video games. Tom is also an experienced educator able to guide and support young people and empower them to create personalised music. He has significant experience of working in alternative provisions and youth clubs in addition to leading projects in prisons.

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Trustees’ Annual Report and Accounts, 2020-21

Trustees

Jonty Kinsella | Chair from October 2020

Jonty studied Food Science and Nutrition at London University, then went on to teach for 44 years, including at university level and in secondary schools. During this time she was chief examiner for an A- level syllabus, a curriculum developer in the field of design and technology, a researcher into how children form scientific concepts, author of textbooks and reviews, and a co-author of a BBC schools television series. Until recently she was also a trustee of her local bridge club, the largest in the UK. Jonty also served for 10 years as a magistrate and chair in both the South West London adult court and the Central London Family court. She also served as a staff-elected governor for a large comprehensive school in London. Jonty is a keen traveller, gardener, theatre goer, cook and bridge player.

David Jenkins | Treasurer

David has had a career in international banking, followed by some years restructuring industrial companies in the former Soviet Union and Eastern Europe. For the past 18 years he has been a director of Squint/Opera Ltd., a digital creative agency.

John Reiss

John is an experienced business and not-for-profit leader. He is Executive Chairman of Premier, the UK’s largest communications agency specialising in international entertainment, arts and culture, as well as being Chair of a portfolio of entrepreneurial businesses including multiplex cinema operator Peckhamplex, traffic management consultancy Agility Analytics and art materials manufacturer Creative Art Products. He is a member of BAFTA, a patron of the arts and active in charitable organisations having chaired Missing People for 10 years. He is currently a trustee of Mountview Academy of Theatre Arts.

Kieron Tilley

Kieron has worked with hard-to-reach groups for 20 years across the commercial, public and VCSE sectors and was a founding member of the Prison Radio Association. He formerly worked for BBC People & BBC Network Radio, managing learning content and outreach activity, and sat on the BBC’s Corporate Responsibility Reporting Strategy Group. He currently works for the City of London Corporation. He is a Chartered Member of the Chartered Institute of Personnel and Development.

Mykaell Riley

Mykaell’s career started as a founding member of Steel Pulse. Over the years he has performed, produced, managed, and consulted on many successful projects. Mykaell is Head of Music Production at University of Westminster and has worked as an external examiner for a number of other universities and colleges. In 2004, he established The Black Music Research Unit. Mykaell sits on the academic board for the Museum of London.

Mike Conway

Mike has spent over 40 years working in the prison system, serving in a variety of operational roles in many prisons. He was Governor of several prisons before leaving the public sector after 25 years to join Sodexo Justice, where he opened the country’s only dual gender prison at HMP Peterborough. He then became Director of UK Operations and is currently Director of Strategy and Corporate Change. He is a qualified coach and supervisor and is also involved in other prison charity work.

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Trustees’ Annual Report and Accounts, 2020-21

Plans for 2021-22

At the start of the pandemic, the Board and staff decided to use the lockdown as an opportunity for Finding Rhythms to change the ways in which it supports its beneficiaries. The course was enhanced with a greater focus on personal development and wellbeing and the organisation developed a new training programme and guidebook, ensuring that practitioners are equipped in coach-like practices, meaning they are more able to support participants to reflect and set goals. Going forward, this step change in practice will be juxtaposed with a greater focus on working more closely with a small number of prisons in the South East. Our aim is to be more aligned with prison senior leadership teams and ensure that our structured programmes help them fulfil their strategic aims and offer more meaningful outcomes for participants. The last financial year saw us work far more in the community, supporting young people and young adults at risk of offending across London.

In 2021-22, our aim is to embed our practice in key community bases, building on established relationships. We will continue to explore the viability of delivering courses over digital platforms. We are working with a technology provider in prisons to develop their video visiting platform to enable focused enrichment and education to take place remotely between prisoners and our trained practitioners. During the last year we were able to test the viability of this offer with young NEETS, and so we recognise the engagement and efficacy issues that may occur. Our great challenge is overcoming the operational issues with the Prison Estate, however after presenting at the International Corrections and Prisons Association event and corresponding with leadership teams in public and private prisons, we recognise that there is a greater appetite for this form of delivery. This evolution in delivery will be coupled with a greater focus on income generation/sustainability, improved evaluation processes and stronger promotion of our work. Below is a list of some of the things that we would like to achieve in the financial year.

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Trustees’ Annual Report and Accounts, 2020-21

Financial Statements

There was a surplus of £93,487 for the year (2019-20 a deficit of £3,743). Total income was £192,553, (2019-20 - £164,960). We received a welcome increase in grants and donations, but due to the few programmes we were able to complete, our commission revenue was lower. Expenditure in 2020-21 was £99,066 (2019-20 - £168,703). During this very difficult year, the Charity’s programme deliveries were very few, and therefore our programme expenditure was low. We did however take the opportunity to invest in our programme resources as described above.

The funds of the charity as of 31 March 2021 totalled £216,930 (31 March 2020 - £123,443). Of this, £35,000 was allocated to a designated contingency fund; £120,674 was restricted funds and the balance of £61,256 was unrestricted. As at the date of this report, further significant income has been received from donations, both restricted and unrestricted. However, we are ambitious to widen our reach both in prisons and the community, and therefore building long term relations with Trusts and Foundations continues to be a priority.

Reserves Policy

The Trustees have agreed to designate part of the charity’s unrestricted reserves to a contingency fund. The aim is that this contingency fund will be maintained at the level of approximately six months of running costs, (i.e. net of programme costs). The contingency fund will be managed by the Board of Trustees.

At the end of this financial period, £35,000 of unrestricted funds have been identified as suitable for this purpose. The Trustees will review this policy annually, taking into account the operating costs of the charity and the associated risks.

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Trustees’ Annual Report and Accounts, 2020-21

Benefactors in 2020-21

The Board wishes to thank all those individuals and organisations who have supported the Charity with grants and donations. The accounts include a list of all grants received, restricted and unrestricted, for this and the previous year. Our website lists all those who have supported us over the past five years. Statutory bodies which have provided us with significant grants include the Arts Council and Youth Music. Charitable funds, foundations, livery companies, and other grant-giving organisations have had many demands for their funds over the past two years, and we are therefore very grateful that so many have been able to support us. We continue to receive generous donations from private individuals which we value highly. The support we have obtained from our benefactors during this year has placed us in a strong position to expand our programmes steadily, in line with our resources, as and when the opportunities arise.

Statement of Trustees’ Responsibilities

Company law requires the Trustees (who are also the directors of Finding Rhythms CIO for the purposes of company law) to prepare the financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period. In preparing those financial statements, the directors are required to:

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.

This report has been delivered in accordance with the provisions in part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime.

Signed:

Jonty Kinsella Chair of Trustees, on behalf of the Board Date: 30.09.2021

16

FIIIDING RHYTHMS Trustees, Amual Report and ACCOU￿8. 2020-21 I repgn to the charity trustee¥ of F¥ndin8 Rh)Yhms on the 4c¢gunts for the ye4T ended 31 Marth 2021 ¥t gut on py¥ 18 t¢+ 26. The Charity ¥ tn]stee¥ are responsible frjr the prep•rnrion of the 4co)unts The tru$tee$ con•ider that •n 8udit its txot Jwuired for this year Iw)der section 144 121 ol the Charitit Act 2011 (the 2011 A¢¥ l and that an It i8 my re¥Frf)nsibiltty to: . examine the accounts lunder tt¢iion I4S of the 2011 Acti, - to follow the procedure8 la?d down in the Genernj Direcbonj by the CkLarity eornmill8ion lunthr aectwn 145ISiibl uf the Act), - and to stats whether prticullr mattm hav• corne to my aLteniion. My work waB condurted ITJ accordance with the General by the Charity CoTnmis5ionerJ. My pn)cedure tOrtxixt￿ of c4)mpatin8 th with th acL7>Untins Y￿e0t￿$ kept by tht CIO, attd Tnakit such lirniied en44Jiries of the officers of the CIO as I considered necessary for the purposes of thÈs report. The procedur￿ undertaken do noi pry)itidt all the tvidtnee that wt¥uld i rtquired in an audit. and ¢onae4UCntly o t>pinion i¥ wven to whether the arcounts prE3Ent a'lrue aT¥d fair view, and the TEPUrt 18 limited to thozt Indepeadeat •tAtemeut In the ¢our&e of my eJwnination, no matter come to my atteniioT) whieh &1￿# m¢ TwgT￿ble ￿17¢￿1 that in Tn•teri81 the wulmT￿nts to keep c£ounting reeord# in ac£ordanc¢ with #ecth)n 130 of the Ch￿ille Act, and to prepre accountB whieh accord wth the accounting records, comply 7hlth t￿ accountin8 uirements of the Charities Aet 206 and the meth￿9 •nd piin¢iple¥ of the stsiement of Rewmtnended Pr￿tice.. Accounting and Re￿rting by Charstie h&ve not be•n mei., OT to which. in my opinirn. attention shouhl be iti order to enable a proper undenbtanding of th• xc<unt to bts reached. Debbie Mace 23 ForReb•nk Walk Halton LA2 6FD lJ)dyndwi Extninèr ot-Oet.21 17

Trustees’ Annual Report and Accounts, 2020-21

FINDING RHYTHMS

A Charitable Incorporated Organisation Reg. no 1151872 Statement of Financial Activities incorporating an Income and Expenditure Account For year ended 31 March 2021

Income
NOTES
Income from donations
2
Income from charitable activities
3
Investment income
4
Total Income
Expenditure
Costs of raising funds
Expenditure on charitable activities
5
Total expenditure
Net Income/(expenditure) and net movement
in funds for the year
Transfers between funds
RECONCILIATION OF FUNDS
Total funds brought forward
Total funds carried forward		 2021
2021
2021
Unrestricte
d funds
Restricted
funds
TOTAL
FUNDS
£
£
£
72,393
104,354
176,747
5,178
10,400
15,578
228
0
228
77,799
114,754
192,553
900
0
900
76,586
21,580
98,166
77,486
21,580
99,066
313
93,174
93,487
3,000
(3,000)
0
92,943
30,500
123,443
96,256
120,674
216,930		 2020
TOTAL
FUNDS
£
91,817
72,768
375
164,960
1,400
167,303
168,703
(3,743)
0
127,186
123,443

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 20 to 26 form part of these accounts

18

Trustees’ Annual Report and Accounts, 2020-21

FINDING RHYTHMS

A Charitable Incorporated Organisation - Reg. no 1151872 Balance Sheet as at 31 March 2021

2021 2020
Notes £
£		 £
£
Current Assets
Debtors 13 4,714 27,210
Cash at bank 220,359 105,835
Total current assets 225,073 133,045
Current Liabilities
Creditors fallingdue within oneyear
14		 8,143 9,602
Total current liabilities 8,143 9,602
216,930
Net Current assets 123,443
123,443
Total assets less current liabilities 216,930
The funds of the charity:
16
Unrestricted funds
Designated fund – contingency fund 35,000 35,000
General unrestricted funds 61,256 57,943
96,256
120,674		 92,943
Restricted funds 30,500
216,930 123,443
These financial statements of Finding Rhythms CIO registered number 1151872 were approved by the
Board of
Trustees and authorised for issue on:
Signed:
___
They were signed on its behalf by
Name:
Jonty Kinsella, Chair
These financial statements of Finding Rhythms CIO registered number 1151872 were approved by the These financial statements of Finding Rhythms CIO registered number 1151872 were approved by the These financial statements of Finding Rhythms CIO registered number 1151872 were approved by the These financial statements of Finding Rhythms CIO registered number 1151872 were approved by the These financial statements of Finding Rhythms CIO registered number 1151872 were approved by the
Board of
Trustees and authorised for issue on: Signed: ___
They were signed on its behalf by Name: Jonty Kinsella, Chair

The notes on pages 20 to 26 form part of these accounts

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Trustees’ Annual Report and Accounts, 2020-21

FINDING RHYTHMS Notes to the accounts

1. ACCOUNTING POLICIES

a) Basis of preparation

The financial statements of the charity which is a public entity under FRS102 have been prepared in accordance with the Charities SORP (FRS 102) second edition 2019 '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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.

b) Preparation of the accounts on a going concern basis

The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) have been met, it is probable that the income will be received and the amount can be measured reliably.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102) general volunteer time is not recognised but is referred to in the Trustees' annual report.

e) Fund accounting

Unrestricted Funds are funds received which have no restrictions placed on their use and are available to spend on activities that further any of the purposes of the charity.

Designated funds are unrestricted funds of the charity which the Trustees have decided to set aside to use for a specific purpose.

Restricted Funds are funds which are to be used for purposes as specified by the funder.

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Trustees’ Annual Report and Accounts, 2020-21

FINDING RHYTHMS Notes to the accounts

2. INCOME FROM DONATIONS
Grants Received
AB Charitable Trust
Annette Duvollet Trust
Arts Council England (Grants for the Arts)
British and Foreign School Society
Charles Hayward Foundation
Charles S French Charitable Trust
Chesterhill Charitable Trust
City & Metropolitan Welfare Charity
Co-op Local Community Fund
Didymus CIO
D'Oyly Carte Charitable Trust
The Drapers' Charitable Fund
Eleanor Rathbone Charitable Trust
Garfield Weston Foundation
Goldcrest Charitable Trust
Green Hall Foundation
Harold Hyam Wingate Foundation
James Wise Charitable Trust
LG Harris Trust
Nick Alexander Memorial Trust
The Albert Hunt Trust
The Allen Lane Foundation
The Helen Hamlyn Trust
The John R Murray Charitable Trust
The Ironmongers' Company
The 29th May 1961 Charitable Trust
The Mageni Trust
The National Foundation for Youth Music
The Samuel Gardner Memorial Trust
The Triangle Trust 1949 Fund
The Weinstock Fund
Sir John Cass Foundation
St James's Place Charitable Foundation
The Worshipful Company of Weavers
Other small grants
Donations
Statutory grants
Coronavirus Job Retention Scheme grants		 2021
£
Unrestricted
15,000
2,000
500
4,500
25,000
350
5,000
5,000
2,000
500
9,224
3,319		 2021
£
Restricted
13,050
7,250
4,000
3,000
3,643
4,560
3,000
2000
3000
4300
1,000
2,250
6,000
32,301
1,000
10,000
4,000
0
0
72,393

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Trustees’ Annual Report and Accounts, 2020-21

FINDING RHYTHMS Notes to the accounts

2021
Unrestricted
3. INCOME FROM CHARITABLE ACTIVITIES
£
Sale OF CD’s and merchandise
90
Commercial Service fees
5,088
Contributions from prisons
0
5,178
4. INVESTMENT INCOME
Deposit account interest
5. EXPENDITURE ON CHARITABLE ACTIVITIES
Musicians' fees and related costs
Workshop equipment, instruments & materials
Participant BTEC/EDexcel certification
CD design and printing
Support costs (note 6)
Governance Costs (note 7)
6. SUPPORT COSTS
Staff costs (note 9)
Staff travel, training and recruitment
Office and general costs
Development of new website
Promotional materials/podcasts
7. GOVERNANCE COSTS
Accountancy fees
Independent examiner fees
8. NET OUTGOING RESOURCES
The Operating Surplus is stated after charging:
Depreciation
Trustee Emoluments (see Note 9)
9. ANALYSIS OF STAFF COSTS, AND TRUSTEE REMUNERATION AND
EXPENSES
Salaries
Employer's National Insurance Contributions
Reduced by: Employment Allowance
Employer pension contribution		 2021
Unrestricted
£
90
5,088
0		 2021
Restricted
£
0
10,400
0		 2021
Restricted
£
0
10,400
0		 2021
TOTAL
£
90
15,488
0
15,578
£
228
£
15,566
3,484
180
324
76,332
1,750
98,166
£
63,679
414
3,779
5,495
2,965
76,332
£
750
1,000
1,750
£
0
20,195
£
62,241
4,979
(4,000)
459
63,679		 2020
TOTAL
£
198
36,140
36,430
5,178 10,400 72,768
£
375
£
87,216
2,656
8,614
1,670
65,797
1,350
167,303
£
55,213
1,607
8,207
0
770
65,797
£
350
1,000
1,350
£
0
0
£
53,615
3,546
(3,000)
1,052
55,213

No employees received employee benefits exceeding £60,000 (2020 nil).

22

Trustees’ Annual Report and Accounts, 2020-21

FINDING RHYTHMS Notes to the accounts

Trustee remuneration and expenses

Robin Harris, founder of the charity and part-time employed Creative Director since its formation, was appointed a trustee at a meeting of the Trustees on 8th January 2021. At this meeting it was minuted that:

  1. His contract of employment must be approved by the Trustees. A draft of this contract was circulated to the meeting, and was approved.

  2. It is a statutory requirement that less than 50% of the Trustees are in paid employment with the Charity. It was noted that this requirement would not be breached by this appointment and the Trustees would ensure that this remained so.

  3. The Constitution of the Charity did not prohibit the employment of Trustees.

The salary paid to Robin Harris for his role as Creative Director in 20/21 totalled £19,805. Pension contributions made on his behalf totalled £390

No trustee claimed expenses in 20/21 (19/20 none).

10. STAFF PENSION

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity contribution is restricted to the contributions disclosed in note 9. The contributions for February and March 2021 were outstanding at year end.

Finding Rhythms' pension scheme is operated by Smart Pension, whose Master Trust leverages the expertise of FCA regulated investment professionals who only invest pension funds in the largest of blue-chip funds (such as Legal & General and HSBC (Sharia fund)), providing protection and opportunities for good, steady growth. The Master Trust is overseen by a Board of experienced Trustees (the majority of whom are independent), appointed to serve members and to protect their interests. Those Trustees have control over scheme assets at all times, ensuring legislation is complied with and value for money criteria are adhered to. Smart Pension charge employees a 0.3% 'Assets under Management Charge' (AMC) per annum plus a flat monthly fee.

11. STAFF NUMBERS

The average monthly head count was three during the year being 1.65 full time equivalents (2020 - 1.25).

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Income
Income from Donations
Income from charitable activities
Investment income
Total Income
Expenditure
Cost of raising funds
Expenditure on Charitable activities
Total expenditure
Net Income/(Expenditure)
RECONCILIATION OF FUNDS
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
45,711
46,106
46,218
26,550
375
0
92,304
72,656
1,400
0
88,580
78.723
89,980
78,723
2,324
(6,097)
90,619
36,567
92,943
30,500		 TOTAL 2020
91,817
72,768
375
164,960
1,400
167,303
168,703
(3,743)
127,186
123,443

23

Trustees’ Annual Report and Accounts, 2020-21

FINDING RHYTHMS Notes to the accounts

13.DEBTORS
Trade debtors
H M Revenue & Customs
Prepaid expenses
14. CREDITORS
Deferred Income (note 15)
Trade Creditors and accruals
H M Revenue & Customs
Pension provider
Other creditors
15. DEFERRED INCOME
Grants allocated to future
Total deferred
Balance at 1 April
Amount released to Income from Charitable Activities
Amount deferred in year
Balance at 31 March		 2021
£
0
4,714
0
4,714
£
0
1,930
5,208
474
531
8,143
£
0
0
5,000
(5,000)
0
0		 2020
£
26,550
0
660
27,210
£
5,000
3,925
433
244
0
9,602
£
5,000
5,000
0
0
5,000
5,000

24

Trustees’ Annual Report and Accounts, 2020-21

FINDING RHYTHMS Notes to the Accounts

16. STATEMENT OF FUNDS
Unrestricted funds
Designated funds
General funds
Restricted funds
Allen Lane Foundation for projects outside
London
City and Metropolitan Welfare charity for
projects in prisons - note 1
Drapers Charitable Foundation for HMP
Bronzefield - note 1
Sir John Cass Foundation for projects in
inner London with young offenders
St James's Place Charitable Foundation
for community music making.
The Worshipful Company of Weavers for
projects in HMP Chelmsford - note 2
The Albert Hunt Trust for community
projects
Charles S French CT for project with Only
Connect
Co-op Local Community Fund for
community projects
Youth Music Foundation for projects with
young offenders
Nick Alexander Memorial Trust for musical
instruments and equipment
Eleanor Rathbone CT for music project at
HMP Downview.
Charles Hayward Foundation to support
ex-prisoners
The Triangle Trust for training and salaries
New funding for prison projects - note 3
Commercial service fees
TOTAL FUNDS		 Balance at
31 March
2020
Incoming
Resources
Resources
Expended
Transfers
Balance at
31 March
2021
£
£
£
£
£
35,000
0
0
0
35,000
57,943
77,799
77,486
3,000
61,256
92,943
77,799
77,486
3,000
96,256
2,964
2,250
0
0
5,214
3,000
0
0
(3,000)
0
2,976
0
0
(2,976)
0
5,000
0
0
0
5,000
8,060
0
0
0
8,060
8,500
0
0
4,250
12,750
0
1,000
1,000
0
0
0
3,000
3,000
0
0
0
3,643
0
0
3,643
0
32,301
9,246
(4,250)
18,805
0
4,300
3,434
0
866
0
3,000
0
0
3,000
0
4,000
0
0
4,000
0
10,000
0
0
10,000
0
40,860
0
2,976
43,836
0
10,400
4,900
0
5,500
30,500
114,754
21,580
(3,000)
120,674
123,443
192,553
99,066
0
216,930

Unrestricted funds are available to be spent for any of the purposes of the charity.

Designated funds have been set aside by the Trustees to provide for contingencies, as outlined in the reserve policy. Restricted funds will be spent on the projects they are intended for.

Note 1 -Funding from City and Metropolitan and Drapers has been varied with agreement of the funder.

Note 2 - A grant of £12,750 from the Worshipful Company of Weavers was received last year. Expenses originally allocated against this grant in 19/20 have been reallocated against other funding so the full grant is still available for projects in 21/22.

Note 3 - Funding for prison projects comes from The Arts Council (Grants for the Arts), Didymus CIO, The Ironmongers' Company, Harold Hyam Wingate Foundation, The Samuel Gardner Memorial Trust, The Weinstock Fund, British and Foreign School Society, and Green Hall Foundation.

25

Trustees’ Annual Report and Accounts, 2020-21

FINDING RHTYHMS CIO Notes to the Accounts

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Cash at bank and in hand
Other net assets /(liabilities)		 General
Funds
Designated
Funds
Restricted
Funds
Total Funds
£
£
£
£
64,684
35,000
120,674
220,359
(3,429)
0
0
(3,429)
61,256
35,000
120,674
216,930

18. POST BALANCE SHEET EVENTS

There were no significant post balance sheet events.

19. CONTINGENT LIABILITIES

The charity had no material contingent liabilities at 31 March 2021 (2020 none).

20. RELATED PARTIES

During the year the charity engaged Premier Public Relations Ltd to design and build a website. John Reiss, a trustee of the charity, is a shareholder in and director of Premier Public Relations Ltd. He was not engaged in the charity’s decision to contract with that company. During the period, a total of £4,800 was spent for this purpose with Premier, of which £800 was unrecoverable VAT. (2020 - No transactions with related parties).

26