OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

Annual Report 2020 - 2021

----- Start of picture text -----
NAux
for everyone
+ @ de FS me
AE cate ae
i
=z IF aah wiper Ti —
ARBs ee Jor
[J] [;] } Tan # | 2 cape al
a5 [a] by ae
| Fem | aA F
. | af! ele ee fee
----- End of picture text -----

Music Making across the East Midlands www.music-for-everyone.org

Music for Everyone is a Registered Charity No. 1153412

Charity registration number: 1153412

Music for Everyone Annual Report and Financial Statements for the Year Ended 31 August 2021

Contents

Page
Artistic Personnel, Administrative Staff and
Voluntary Co-ordinators i
Sponsors, Patrons, Friends and Members ii - iii
Reference and Administrative Details 1
Trustees' Report 2-7
Statement ofTrustees’ Responsibilities 8
Independent Examiner's Report 9
Statement of Financial Activities 10-11
Balance Sheet 12
NotestotheFinancialStatements 13-22

Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NGI 5GL

Artistic Personnel, Administrative Staff and Voluntary Co-ordinators 2020/21

Honorary Vice President

Andrew Cooper

Artistic Personnel Artistic Director Assistant Artistic Director Principal Guest Conductor Principal Wind Animateur String Development Adviser Open Voices Leaders Youth String Orchestra Conductors Youth Wind Band Conductors Accompanists Administration General Manager Senior MfE Co-ordinator Youth Programme Co-ordinator and Finance & Marketing Officer Events Co-ordinator and Fundraising Officer

Angela Kay Rachel Parkes

James Lowe

Gillian Henshaw

Richard Howarth

Victoria Barlow, Pip Flewitt, Cliff McCardle, Ellie Martin, Sarah Trevers, Sally Watson Richard Howarth, Joy Bower Gillian Henshaw, Clare Franklin Angela Foan, Sally Watson

Su Evans Robin Reece-Crawford

Kirstie Hind

Anne Jackson

Voluntary Co-ordinators Adult Programme Co-ordinators

Nottingham Youth Band Enrolment Secretary Friends’ Secretary Gift Shop Choral Music Librarian

Iain Macleod, Val Leyland, Debbie Tuckwood

Katherine Kraven

Joyce Lingard

Janice & Paul Weston-Smith Jen Adams

Pagei

Sponsors, Patrons, Friends and Members 2020/21

Principal Education Sponsors ° Nottingham Trent University, Burton Street, Nottingham

Business Patrons

Friends and Personal Patrons

Jen Adams Mary & Phil Gard Mike Allen Liz Garrood Karen Attwood Rebecca George OBE Bill Bailey Lucas Greenwood Peter & Ros Barrett Anna Gregory Sheila Barwick Eve & Ian Griffiths Joan Bassey Margaret Hamilton David Bilbie Rachel & Simon Healy Jennifer Boniface Anne Hicks Jean Bradley John Hobbs Valerie Burton-Atrabi Pamela Horne Prue Butterworth Andrew & Valerie James John Carberry Audrey Jones Mick Carpenter Margaret Jones Christine Cassell Michael Keetley Chris & David Castleden Hazel & Arthur King Stephen Catterall Katherine Kraven Jenny Chilton Ruth Lea Howard Claxton Gill Lee Christine Cleave Val Leyland Janet Clifford Joyce Lingard Pat Collings Maureen Longson Philippa Collings Susanne Maddox & Hugh Stephen Cooper Busher Doreen Corlett Jane & Chris McDermott Jacqueline Cove-Smith Dan McGavin Lynn Coxon Diana McKeown Jean Crowson Helen Meller Dr. Peter Dawson Yin Mellor Helene Dinsdale Jeff & Hilary Middlecote Lynn Dorling Katie Moran Helena Durham Jaine Mould Rachel Edgecombe Denise Mountford Rachel Emmett Diane Murcott Alan & Valerie Evans Wendy Nicolle Ros Evans Jenny O'Connor Julia Farnworth Jonathan Page Barbara Fleming Faye Peacock Angela & Andy Foan Liz Perkins Andrew Ford Alyson Pinske ~

Connie Pullan Barbara Preston Glynis Prosser Ramsey Family Christine Rhodes Nora Richards Rosanne Richardson Martin Rudge Helen & Paul Roberts Gill Sarre John Saul Jean Shaw Angela Smallwood Christopher Smallwood Jane Smith Joyce Smith Mary Stokes Richard Stone Beryl Stringfellow Susan Sutton Maelie Swanwick Enid Swetnam Kathryn Taylor Colin & Linda Treliving Joanna Thomas David Thomson Gillian Thornhill Rita Thornhill Pat & Stephen Travis Debbie Tuckwood. Peter Warmingham Janice & Paul Weston Smith Mags Wigram Louise Wilkins Jan Wilkinson Jess Williams Stuart Wilson Gill & David Wright Janet Wootton Frances Young

Page ii

Singing and Playing Members

Jen Adams Susan Graves Liz Perkins Jules Aedy Stefan Green Eric Porter Gill Aldridge Anna Gregory Sharon Potter Susan Allen Debs Griffiths Glynis Prosser Rachel Bacon Eve Griffiths Connie Pullan Jane Bartrop Tan Harris Annie Quill Richard Bartrop Ruth Hawley Jane Redgate Carolyn Beavis Rachel Healy Robin Reece-Crawford Karen Bennett Pam Herrick Delph Richards Elizabeth Benson John Hess Mary Richards Maggie Bishop Celia Hillel Diane Ridley Avrille Blecher John Hobbs Margaret Selley Viktorija Bogdanova Rebecca Hodkinson David Shrine Elaine Bonsall Angela Hogarth Alison Simkins Jean Bradley Amanda James Angela Smallwood Prunella Bradshaw Germina Jauzelon Jane Smith Jonathan Brown Marion Jenkings Joyce Smith Sarah Brown Graham Johnson Phil Smith David Brown Rosemary Jordan Mary Stokes Sandra Brown Michael Keetley Brian Sugden Hugh Busher Phil Kirkland Susan Sullivan Fiona Buxton Katherine Kraven Jill Theobald Jean Cairns Denise Langley Noreen Thomas Gayle Careless Val Leyland Gillian Thornhill Helen Cast Joyce Lingard Terry Thornhill Chris Castleden Mary Longley Steve Thorpe Gill Charles Maureen Longson — Linda Treliving Howard Claxton Iain MacLeod Sarah Trevers Christine Cleave Susanne Maddox Judith Turner Pat Collings Jean Malcolm Jane Turner Andy Cooper Ray Malkowski Stephen Walker Teresa Coughlan Joanna Martin Hilary Walters Carol Craggs Shirley Mason Rosemary Ward Helena Durham Fiona McCluskey Pete Warmingham Sandra Eagland Jane McDermott Sally Watson Rachel Emmett Jenny McGavin Jane Watts Julia Ann Farnworth Doris McGowan Jan Weston-Smith Susan Fawcett Diana McKeown Mags Wigram Pip Flewitt Jaine Mould Jan Wilkinson Richard Flewitt Diane Murcott Stuart Wilson Angela Foan Wendy Nicolle Juliet Woodin Andrew Ford Heather Norbury Janet Wootton Carol Foster Angela North Matthew Wright Hollie Garrick Sue Owens Frances Young Rebecca George Jonathan Page Rebecca Gillie Eira Peel

Page iii

Music for Everyone

Reference and Administrative Details

Trustees

John Hess

Matthew Lax

Dr Angela Smallwood Rachel Emmett Richard Flewitt Janet Wootton

Secretary

Senior Management Team

Dr Angela Smallwood

Angela Kay, Artistic Director

Su Evans, General Manager

Principal Office

Charity Registration Number

Independent Examiner

,

10 Goose Gate Nottingham NGI IFF 1153412

John O'Brien, employee of Community Accounting Plus Units | & 2 North West 41 Talbot Street Nottingham NGI 5GL

Page |

Music for Everyone

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 August 2021.

MfE Chair’s message to members

Vax was the 2021 word of the year, according to the Oxford English Dictionary. “It’s injected itself into the blood of the language,” said one of its editors.

I would also suggest adding “ventilation”.

For several months now, ensuring an adequate flow of fresh air inside rehearsal and concert spaces has enabled Angela and her dedicated team to revive Music for Everyone’s activities....face-to-face, rather than on-line. Coming out of this pandemic has beena real challenge that we have met.

In the warmth of sunshine at Trent College, the MfE summer school was a particular joy, although June’s singing workshop at Nottingham’s Albert Hall was a casualty of Covid concern and regulations. It finally went ahead in October when ventilation brought with it the “brrrrr” factor.

Transition is my other nomination for MfE word of the year.

As a members’ organisation and charity, Music for Everyone is going through transition. Like many arts and music groups, we have emerged from “lockdown” and the impact of the pandemic into a slightly unsure cultural landscape.

It is quite understandable that many of our regular singers and players were cautious about returning to full activities. Numbers attending our regular singing groups have been down bya third, and that has an impact on our income.

Last year, one-off emergency funding of £16,500 from Arts Council England and the government’s furlough/job retention scheme, together with the continuing generosity of our members, helped us through a difficult time. As Covid restrictions were lifted and our High Streets welcomed back shoppers, our partners at Bookwise were able to re-open. Its three shops - selling secondhand books and music scores - are trading again. It provides MfE with a crucial financial lifeline. Thanks to Bookwise and its wonderful team of volunteers, its cash and benefits in kind support to MfE last year was worth £53,477. That’s a huge help to us.

Navigating a course through this particular transition has been a big concern. That’s why the trustees - via Zoom - have continued to meet monthly - rather than quarterly - to help Angela set the path ahead.

The annual accounts show we finished our financial year with a surplus, in large part due to Bookwise’s increased support. This leaves us in a good position to take on the continuing challenges of the pandemic and the transition to new leadership of the charity.

By the AGM you will know that Angela is stepping down as MfE’s Artistic Director at the end of the current season in the summer.

This transition, while we find a suitable successor, is without doubt the biggest challenge facing the trustees.

In the months to come, we will have many opportunities to celebrate the enormous achievements of Angela in creating “Music for Everyone” nearly 40 years ago, and inspiring generations of young people - and the more mature among us - with the golden opportunity to enjoy the fun of singing and playing music together.

The trustees have known for some time of Angela’s wish to hand over the baton of the day-to-day admin role, and we are in the process of ensuring that transition. We hope to appoint a new Director of MfE within a few months, to be in post by the summer.

Page 2

Music for Everyone

Trustees' Report

I’m delighted to report that Angela - as she will want to assure us all - won’t be giving up the baton completely. She will still be inspiring us when conducting or taking group sessions.

This transition aims to build on MfE achievements, its partnership working and ethos in making music fun. You can show your support for our continuing work by joining our new updated MfE Supporters Scheme. It offers further incentives to show your commitment to our music making. It’s easy to join. Just ask for details.

To quote from one of Henry Purcell’s choruses in MfE’s October Singing Workshop:

“Tune all your voices and instruments play To celebrate this triumphant day.”

Let’s hope “triumphant” is the Oxford Dictionary word of the year, next year.

John Hess Chair, Music for Everyone Trustees

Page 3

Music for Everyone

Trustees' Report

Structure, governance and management

Nature ofgoverning document

The charity is operated under the rules of its CIO - Association constitution adopted 15 August 2013.

Recruitment and appointment of trustees

Trustees are advertised through call-outs to the membership. Potential trustees then meet with the Artistic Director and Chairman before being invited to join the board as observers initially.

Objectives and activities

Objects and aims

To promote, improve, develop and maintain public education and appreciation in all aspects of music by: - The organisation of a wide range of music-making events and activities, capable of encouraging and stimulating people of all ages and abilities;

Public benefit

Throughout the year we run:

i). A series of adult and youth music workshops, courses and activities (approx.12 per year); ii). A series of concerts/performances featuring a wide range of music suitable for adults, youth and families (approx. 30+ per year);

ili). 16 regularly rehearsing groups ( 9 adult, 4 youth, 3 health initiatives);

iv). Projects with other organisations e.g. Inspire - Mother and Baby project, Headway Nottingham - long term health and social rehabilitation project for people affected by brain injury.

All our activities benefit the public by:

a) providing opportunities for people to take part in music events and activities irrespective of age, ability and experience;

b) providing an annual series of entertaining, high standard public concerts;

c) providing opportunities for young people to make music through leisure time activities.

N.B.

i) We offer subsidised places and reduced ticket prices for all our events including concerts.

il) Our Equal Opportunities Policy aims that no participant or concert goer receives less favourable treatment on the grounds of racial origin, physical disability, class, gender, sexual orientation, age, political or religious belief.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 4

Music for Everyone

Trustees' Report

Achievements and performance

Ina typical artistic year (September to August) we would run the following: N.B. all numbers are approximate

REGULARLY REHEARSING GROUPS

« Adult

4 x Daytime Voices groups (380 singers in total)

2 x Daytime Orchestra groups (80 players in total)

1 x Chamber Choir (Nottingham Chamber Singers - 36 singers)

I x Flute Choir (16 players)

1 x Swing Band (24 players)

* Youth

2 x Wind Band (36 players in total)

2 x String Orchestras (34 players in total)

WORKSHOPS/ACTIVITIES/COURSES

« Adult

3 x choral courses (550 singers over the 3 courses)

2 x orchestral workshop (330 players over the 2 workshops)

2 x singing workshop (280 singers over the 2 workshops)

1 x 3 day Summer School (125 singers and players)

¢ Youth

2 x instrumental workshops (220 players over the 2 workshops)

2 x singing workshops (190 singers over the 2 workshops)

CONCERTS

8 adult concerts (2,400 tickets sold over the 8 concerts)

7 youth concerts (1,200 tickets sold over the 7 concerts) 18 informal performances (not ticketed)

Page 5

Music for Everyone

Trustees' Report

DIARY OF ACTIVITIES 2020/21

Sept 2020 - July 2021 - Weekly online live singing sessions for Open Voices later published on MfE Youtube

1 Oct - 18 Nov - Weekly Online Choir rehearsals published on MfE Youtube Channel

26 Nov - Online Choir performance published on MfE Youtube Channel

18 December - Online Christmas Concert Video performed by East of England Singers recorded at Nottingham’s Albert Hall and published on MfE Youtube Channel

27 Jan - Live, interactive On-line AGM and Review of Activities Video published on MfE Youtube Channel

20 January - 15 Feb - Weekly online Choir Project ‘Sing into Shape’ published on MfE Youtube Channel

February - March - Online ‘Brush up your Playing’ project published on MfE Youtube Channel

20 March- Interactive Zoom sessions with tutors on playing technique published on MfE Youtube Channel

26 April - May 18th - Online Live Rehearsals in preparation for Singing Workshop scheduled for 27th June published on MfE Youtube Channel (workshop postponed to 16 October due to Covid)

w.c. 17 May - East of England Singers and Youth Wind Band and Youth String Orchestra rehearsals resume

19 June - Youth Windband playing workshop - Albert Hall, Nottingham

20 June - Youth String Orchestra playing workshop - Albert Hall, Nottingham

10 July - Blow the Dust off your Instrument playing workshop day for adults - Albert Hall, Nottingham

17 July - Family Singing Day - Albert Hall, Nottingham

9 Aug - 11 Aug - Summer School - Trent College Long Eaton

Page 6

Music for Everyone

Trustees' Report

Financial review

Due to the lockdown for the latter half of the 2019-20 year, MfE started the reporting period with a healthy level of unrestricted reserves. This was the result of a number of loss-making activities in the year actually being cancelled so not draining reserves and benefitting from government Job Retention Scheme support and Arts Council England emergency funding. We were also hugely grateful to customers who donated tickets for cancelled events rather than requesting refunds. This support continued throughout the first few months of 2020-21 leading to a gradual and cautious build-up of activity in line with the opening of government restrictions. We have continued to benefit from the furlough scheme throughout the year with staff working flexibly as required to slowly build up activity again. As a result we have been able to further improve our reserves position to support what could be a difficult 2021-22 in terms of activity returning to normal.

Policy on reserves

MfE holds a policy of 3 months fixed costs (Salaries and various office-based commitments such as photocopier lease etc) as a minimum reserves level, and we have exceeded these levels throughout the year. The trustees agreed to use additional reserves above this minimum to support the uncertainties of the 2021-22 year as required.

Major risks and management of those risks

We face the risk of continued staff and overheads costs whilst it is still unknown when audience and participant levels at our events will return to pre-pandemic levels. We are being cautious in our approach to events as a result to keep costs down wherever possible.

Page 7

Music for Everyone

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees 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 incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved 4) / | , ; by the trustees of the charity on ppd. and signed on its behalf by:

John Hess Trustee

Page 8

Music for Everyone

Independent Examiner's Report to the trustees of Music for Everyone

Independent examiner’s report to the trustees of Music for Everyone

I report to the trustees on my examination of the accounts of Music for Everyone (the Charity) for the year ended 31 August 2021.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

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 that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

----- Start of picture text -----
XQ
PEO
----- End of picture text -----

John O’Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners

Units | & 2 North West 41 Talbot Street Nottingham NGI 5GL

Date:. 14/02/2022

Page 9

Music for Everyone

Statement of Financial Activities for the Year Ended 31 August 2021

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |funds|funds|2021|2020| |Note|£|£|£|£| |Income|and|Endowments|from:| |Donations|and|legacies|2|56,473|-|56,473|67,910| |Charitable|activities|3|29,174|34,301|63,475|154,009| |Investment|income|5|8|-|8|88| |Other|income|6|39,581|-|39,581|25,000| |Total Income|125,236|34,301|159,537|247,007| |Expenditure|on:| |Charitable|activities|7|(105,976)|(21,647)|(127,623)|(195,686)| |Total|Expenditure|(105,976)|(21,647)|(127,623)|(195,686)| |Net movement|in funds|19,260|12,654|31,914|51,321| |Reconciliation|of funds| |Total|funds|brought|forward|87,932|14,548|102,480|$1,159| |Total|funds|carried forward|19|107,192|27,202|134,394|102,480|

----- End of picture text -----

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 19.

Page 10

Music for Everyone

Statement of Financial Activities for the Year Ended 31 August 2021

These are the figures for the previous accounting period and are included for comparative purposes

Unrestricted Restricted Total
funds funds 2020
Note £ £ £
Income and Endowments from:
Donations and legacies 2 67,910 - 67,910
Charitable activities 3 140,633 13,376 154,009
Investment income 5 88 - 88
Other income 6 25,000 - 25,000
Total Income 233,631 13,376 247,007
Expenditure on:
Charitable activities 7 (182,164) (13,522) (195,686)
Total Expenditure (182,164) (13,522) (195,686)
Netmovement in funds 51,467 (146) 51,321
Reconciliation offunds
Total funds brought forward 36,465 14,694 $1,159
Totalfundscarriedforward 19 87,932 14,548 102,480

Page 11

Music for Everyone

(Registration number: 1153412) Balance Sheet as at 31 August 2021

2021 2020
Note £ £
Fixed assets
Tangible assets 15 12,870 12,934
Current assets
Debtors 16 60,282 26,273
Cash at bank and in hand 69,625 104,784
129,907 131,057
Creditors: Amounts falling due within oneyear 17 (8,383) (41,511)
Net current assets 121,524 89,546
Net assets 134,394 102,480
Funds of the charity:
Restricted funds 27,202 14,548
Unrestricted income funds
Unrestricted funds 107,192 78,276
Totalfunds 19 134,394 92,824

The financial statements on pages 10 to 22 were approved by the trustees, and authorised for issue on 2//01./22and signed on their behalf by:

Matthew Lax Trustee

Page 12

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Music for Everyone meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Exemption from preparing a cash flow statement

The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised asa liability and included on the balance sheet as deferred income to be released.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Page 13

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph | Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Instruments are initially measured at cost and subsequently measured at insurance value.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class General equipment

Depreciation method and rate 25% reducing balance basis

Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any) .

Page 14

,

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

2 Income from donations and legacies

Unrestricted
funds
Total Total
General 2021 2020
£ £ £
Donations and legacies;
Donations from companies, trusts and similar proceeds 16,515 16,515 26,235
Gift aid reclaimed 8,465 8,465 12,340
Grants, including capital grants;
Government grants 31,493 31,493 29,335
56,473 56,473 67,910

3 Income from charitable activities

Unrestricted
funds
General Restricted
funds		 Total
2021		 Total
2020
£ £ £ £
Sales& services 19,045 - 19,045 81,329
Memberships 9,802 - 9,802 59,304
Miscellaneous income 397 = 3907 .
Grants - 34,301 34,301 13,376
29,174 34,301 63,475 154,009

Page 15

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

4 Grants and donations

Unrestricted Restricted
; funds funds Total funds
£ £ £
Arts Council - 8,101 8,101
Inspire - 16,200 16,200
Garfield Weston - 10,000 10,000
HMRC JRS 31,493 - 31,493
Gift aid 8,465 - 8,465
Co-op 830 - 830
Sundry donations 15,685 - 15,685
56,473 34,301 90,774
5 Investment income
Unrestricted
funds
Total Total
General 2021 2020
£ £ £
Interest receivable and similar income;
Interest receivable on bank deposits 8 8 88
6 Other income
Unrestricted
funds
Total Total
General 2021 2020
£ £ £
IncomefromBookwisetradingsubsidiary 39,581 39,581 25,000

Page 16

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

7 Expenditure on charitable activities

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Unrestricted| |funds| |General| |&|Restricted|Total|Total| |designated|funds|2021|2020| |£|£|£|£| |Artistic|programme|22,061|-|22,061|72,766| |Special|projects|9,055|-|9,055|11,121| |Paul|Redfearn|-|146|146|146| |Artistic|planning &|overheads|10,751|7,209|17,960|24,124| |Salaries, NI &|pension|61,363|14,292|75,655|80,412| |Music|fund|443|-|443|2,812| |Gift|shop|275|-|275|261| |Box|office|900|-|900|3,189| |Independent|examination|costs|864|“|864|834| |Depreciation|64|-|64|21| |Bad|debts|200|-|200|-| |105,976|21,647|127,623|195,686|

----- End of picture text -----

8 Net incoming/outgoing resources

Net incoming resources for the year include:

----- Start of picture text -----
|||||| |---|---|---|---|---| |2021|2020| |£|£| |Depreciation|of fixed|assets|64|21|

----- End of picture text -----

9 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

10 Staff costs

The aggregate payroll costs were as follows:

----- Start of picture text -----
|||||| |---|---|---|---|---| |2021|2020| |£|£| |Staff costs|during|the|year|were:| |Wages|and|salaries|74,530|79,103| |Pension|costs|1,125|1,309| |75,655|80,412|

----- End of picture text -----

Page 17

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

----- Start of picture text -----
|||||| |---|---|---|---|---| |2021|2020| |No|No| |Average|number|of employees|6|6|

----- End of picture text -----

5 (2020 - 5) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £1,125 (2020 - £1,309).

No employee received emoluments of more than £60,000 during the year

11 Taxation

The charity is a registered charity and is therefore exempt from taxation.

12 Independent examiner's fees

During the period, the fees payable (including VAT) to the charity’s independent examiner are analysed as follows:

----- Start of picture text -----
||||| |---|---|---|---| |2021|2020| |£|£| |Independent|examination|864|834| |864|834|

----- End of picture text -----

13 Related party transactions

During the year the charity made the following related party transactions:

Richard Flewitt At(During this period, the charity paid £275 (2020 - £325) to this trustee for engagements as a freelance musician.) the balance sheet date the amount due to/from Richard Flewitt was £Nil (2020 - £Nil). Matthew Lax At(During this period, the charity paid £nil (2020 - £170) to this trustee for engagements as a freelance musician.) the balance sheet date the amount due to/from Matthew Lax was £Nil (2020 - £Nil).

14 Benefits in kind

During the period charity benefited from rent and other costs paid by Bookwise Southwell to the total value of £13,896 (2020: £15,958).

Rent at Goose Gate £5,600 (2020: £5,600) Storage at Lenton £6,952 (2020: £7,072) Insurance at Lenton Store £120 (2020: £nil) Telecommunications £1,036 (2020: £1,587) Van running expenses £188 (2020: £1,699)

Page 18

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

15 Tangible fixed assets

General
equipment Instruments Total
£ £ £
Cost
At 1 September 2020 945 12,870 13,815
At 31 August 2021 945 12,870 13,815
Depreciation
At September 2020 881 -
Charge for the year 64 - 64
At 31 August 2021 945 - 945
Net book value
At 31 August 2021 - 12,870 12,870
At31August2020 64 12,870 12,934

Instruments with a carrying amount of £12,870 were revalued to their insurance value to reflect anticipated fair values.

16 Debtors

2021 2020
£ £
Trade debtors = 199
Prepayments 2,208 495
Other debtors 58,074 25,579
60,282 26,273

Page 19

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

17 Creditors: amounts falling due within one year

17 Creditors: amounts falling due within one year
2021 2020
£ £
Other taxation and social security 1,833 498
Other creditors 1,069 347
Accruals 864 6,491
Deferred income 4,617 34,175
8,383 41,511

18 Obligations under leases and hire purchase contracts

Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

2021 2020
£ £
Photocopier
Within one year 1,375 1,834
Between one and five years - 1,375
1,375 3,209

Page 20

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

19 Funds

||Balance|at ||at ||||||Balance at| |---|---|---|---|---|---|---|---|---| ||September||Incoming||Resources|||31 August| ||2020||resources||expended||Transfers|2021| ||£|||£||£|£|£| |Unrestricted funds||||||||| |General||||||||| |General fund|70,081|||119,935||(95,884)|1,314|95,446| |Designated||||||||| |YouthDevelopment fund|8,195|||-||-|-|8,195| |Health& Wellbeing fund|9,656|||5,301||(10,092)|(1,314)|3,551| ||17,851|||5,301||(10,092)|(1,314)|11,746| |Total unrestricted funds|87,932|||125,236|(105,976)||-|107,192| |Restricted funds||||||||| |Instruments|12,870|||-||-|-|12,870| |PaulRedfearn Instrument fund|1,678|||-||(146)|-|1,532| |Arts Council||-||8,101||(8,101)|-|-| |Inspire||-||16,200||(8,400)|-|7,800| |Garfield Weston||-||10,000||(5,000)|-|5,000| |Total restricted funds|14,548|||34,301||(21,647)|-|27,202| |Total funds|102,480|||159,537|(127,623)||-|134,394| ||Balance at ||||||||| ||September|||Incoming||Resources||Balance at31| |||2019||resources|||expended|August 2020| |||£|||£||i|£| |Unrestricted funds||||||||| |Unrestrictedgeneralfunds||||||||| |General& designated funds|||36,465||233,631||(182,164)|87,932| |Restricted funds||||||||| |Instruments|||12,870|||°|-|12,870| |Paul Redfearn Instrument fund|||1,824|||-|(146)|1,678| |Arts Council||||-|9,176||(9,176)|-| |Inspire||||-|4,200||(4,200)|-| |Total restricted funds|||14,694||13,376||(13,522)|14,548| |Totalfunds|||51,159||247,007||(195,686)|102,480|

Page 21

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2021

The specific purposes for which the funds are to be applied are as follows:

Youth Development fund - an initiative to support our youth groups, courses and concerts. Health & Wellbeing fund - partnership projects to improve people's health and wellbeing through participating in music.

Instruments - this fund represents the net book value of the fixed assets (Instruments). Paul Redfearn Instrument fund - a fund to support the loan of musical instruments to pupils in the City/County. Arts Council - emergency Covid funding to support MfE's survival and fund online activity. Inspire - funding to deliver music projects in Nottinghamshire 1.5 days/week, led by our Assistant Artistic Director, Rachel Parkes. £7,800 of the money received to date is to be carried forward into 2021-22. Garfield Weston - support for project activity, as a result of the Covid-19 pandemic, Garfield Weston have relaxed the restrictions on the funds use. £5,000 is currently planned to carry forward into 2021-22.

The transfer from the Health & Wellbeing fund to the General fund represents management fees.

20 Analysis of net assets between funds

Unrestricted funds
General Designated Restricted
funds		 2021
Total funds
£ £ £ £
Tangible fixed assets - - 12,870 12,870
Current assets 103,829 11,746 14,332 129,907
Current liabilities (8,383) - - (8,383)
Total net assets 95,446 11,746 27,202 134,394
Unrestricted funds
General Designated Restricted
funds		 2020
Total funds
£ £ £ £
Tangible fixed assets 64 - 12,870 12,934
Current assets 111,528 17,851 1,678 131,057
Current liabilities (41,511) - - (41,511)
Totalnetassets 70,081 17,851 14,548 102,480

Page 22