Annual Report 2023 - 2024
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 Stslements for the Year Ended 31 August 2024 Community Accoiinting Plus Units1&2 North West 41 Talbot Street Nottingha NGI 5GL
Music for Everyone Contents (continued) Reference and Administralive Details Trustees, Report 2to7 Statement of Responsibilities tndepelldent Examiner's Report Statement of Financial Activities Iotoll Balance Sheet 12 Notes to the Financial Statements 1lto22
Music for Everyone Reference and Administrative Details Trustees JOI Hess, Chair Racljel Emmett, TTeasuret Josie Tanvir Catherine Hocking Gary Ackrill Chris Allen Dave Hatherly David Orton Founder and Artistic Advisor ADgela Kay MBE Senior Management Team Donna Fox, Director, until 22112123 Su EVls, General Manager Alex Robinson, Artistic Director Rachel Parkes, A5SLStallt Artistic Director Charity Registration Number 1153412 Principal Office l O Goose Gate Nottingha]ll NGI IFF Independent Examiner Jolm OBrien, employee of CoLI]munity Accoiinting Plus Units1&2 Norili West 41 Talbot Street Nottingham NGI 5GL Page I
Music for Everyone Trustees, Report The t51¢¢5 present the annual repott together with the fmancial statements of the charity for the yeaT Cllded 31 August 2024. Trustees and officers The tmstees and officers serving during the year and since the year end weie as follows.. Trustees.. John Hess, Chair Rachel Emmett, Treasurer Josie Tanvir Catherine Hocking (appointed 20 March 2024) Gary Ackrill (appointed 20 March 2024) Chris AILen (appointed 5 August 2024) Dave Hatherly (appotnted 18 July 2024) David Orton (appointed 23 July 2024) Dr Angela Sinallwood (resigned 20 March 2024) Matthew {resigLed 20 March 2024) Janet Wootton (died 25 November 2024) Strurtureg governance and management ]Vature ofgoverning docuthenl The charity is operated under the Tule5 of its CIO - Association constitution adopted 15 August 2013.The number of trustees was increased from 6 to 9 by resolution at tlie AGM on 20 March 2024. Recruitmenl and appointment oftruslees Trustees are advertised through call-outs to the membership and we invite nominations to be voted on by the tn¢mbership at the AGM. Additiollally we can COVOPI trustees thiring th¢ year between AGMS. In this case potential trustees would bc invited lo observe a meeting and t]ien be formally co-opted at the following meeting. Objectives and activities Objecls and aims To prornote, improve, develop and maintsin public education and appreciation in all aspects of music by: The orgallisation of a wide range of music-making events and activilics. capable of encouraging and stimulating people of all ages alld abilities: - The provision of perfonnance opportunities and experiences t]]rougli public ¢ollccrts and recital5' A sustained emphasi5 upon the prolliotion of music-makillg by young people. especially but not exclusively through leisure time actLVlti¢s, for the development of their skills, cap2¢1ties and capabilities. Page 2
Music for Everyone Trustees, Report (continued) Public ben¢fil Througlioul the year we run.. i). A series of adult and youtb music workshops, courses and activities (approx.12 per year). ii). A series of concertslperformances featuring a wide range of music suitable for adults. youth and families (approx. 30+ per year): iii). 19 regularly rehearsing groups ( I l adult, 4 youth, 4 health initiatives). iv). Projects with other organisations ¢.g. Inspire - Mother and Baby project, Headway Nottingham - long tern] 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 alld experience. b) providing an annual series of entertaiiiing, high standard public concerts; c) providing opportunities for young people to make USiC lIOUgh leisure time activities. i} We offer subsidised places and reduced ticket prices for all our events including concerts. IL) ThIT Eqiial Opportunities Policy allns that iio participant or concert goer receives less favourable tteatment on the grouiids of racial origin, physical th'sability, class, gthider, sexual orientatioll, age, political or religious belief. The tsStees confirnl tbat tbey have complied with tbe ttqiiirements of section 17 of the Cbarlties Act 201 I to have due regard to the public benefit guidance published by tlie Charity Coinmission for England ld Wales. AchI,emellt5 and performance The teain achieved a varied programme of concerts and Workshops as outlined below. and regular groiips ontinue to build following a drop ill participants since covid. Main achievements in 2023124 REGULARLY REHEARSING GROUPS Adult 6 x Daytime Voices groups (389 singers in total) 2 x Daytime Orchestra groiips (115 players in total) I x Chamber Choir (Nottillgham Chamber Singers - 40 singers) I x Flute Choir (21 players) I x Swing Band {.34 players) I x World Drumining Group (13 players) . Youth 2 x Willd Band (34 players in total) 2 x String Orchestras {_39 players in total) . Health Initiatives 4 x Open Voices groups music groups especially for people with learning thfficulties (over 100 in total including carcrs)
Music for Everyone Trustees, Report (continued) WORKSHOPSIACTtVITIES/COLfRSES . Adult 3 x choral courses (104 singers over the 3 courses) 2 x orchestral workshop (248 players over the 2 workshops) I x recorder workshop (21 players) 2 x singing workshops (186 singers) I x .3 day Summer School (168 singers and players) Youlli 2 x InstrLientaI workshops (308 players over tlie 2 worksliops} .3 x singing workshops (250 singers over the 3 W0hOpS) CONCERTS 6 adult concerts (1300 tickets sold over the 6 concerts) 6 youth concerts (1800 tickets sold over tb¢ 7 concerts) 21 inforinal perfonnaiices (not ticketed) Diary of Activites 2023-24 2 SeplenibeY- Recorder Workshop Day - Belton House 18 Septeniber- Supporter's Concert - Djanogly Recital Hall, University of Nottinoham 23 ,Sepleniber- Nottinoham Chamber Singers Concert - St Barnabas Cathedral 7 OctobeY- Nottinuham Festival Chonis, Siiigino Workshop with Sam Evaiis - NTU Clifton 11 (É 12 Noveinber- Big Youth Music Experience, bistrumenial playing weekeiid - South Notts Academy 19 Noveniber- Big Youth Music Experience Concert - Albert Hall Nottingha]n 2 Deceniber- Nottingham Chamber Sinoers Concert _ Sparkling Baroque - St Jolm's Church, Carringion 10 Deceniber- Youth Groups Concert - Kingswood Methodist Church 16 Deceniber- VixaLs youth singing workshop - NTU Clifton 17 Deceinber - Christmas is Coming Concert, Vocals. Nottingham Community Voices. Nottingham Chamber Slligers - Alben Hall, Nottingha 21 DecenTber- Daytime Voices West Bridgford carols - Test Match pub. West Bridgford 20 January - 'Blow the Dust, Instrumental Playing Day - Albert Hall Nottingha 27 & 28 Jaiiuary - Nottingbam Festival Chorus Work5bop - Nfu Clifton 3 February - Nottingham Festival CboNs Concert - Gloria! . Allxrt Hall Nottingbam g March - VIKals Youth Singing W0shOp - NTU Clifton 10 March - Vocals Youth Concert - Albert Hall. Nottingham 16 March - Nottingham Chainber Sinoers Concert _ St Mary's ChurclL Cb'fton Village J 7 March - Youth Groups Concert with Roundbill School - Chilwell School. Beeston 23 March - Nottingham Conununity Music - Musicals Workshop & Concert with Open Voices - Rushcliff¢ Acadellly 20 & 21 April- Big Youth Music Experience, Instruniental playing week¢nd - South Notts Academy, Radcliffe on Trent 22 April- Inspire Schools Event - Spencer Academy Tst - Albert Hall. NottitLgham 28 April- Big Youth Music Experience Concert - Albert Hall Nottingham 8 June - Nottingham Clia]nber Singeis Collcert - St Mary the Virgin, Bunny 9 June - Family Fcstival Day- Middle Street R¢source Centre. Beeston 15 Jiine - Blow the Dust Instnlln¢ntal Playing Day - Alben Hall Nottingham 6 July - Nottingham Festival Chorus Workshop and Concert - Haydn knoniemesse, BeestotE 14 Jiily- Yoiith Groups Summer Concert - The Grange, Radcliffe-on-TTent 19 Jiily - Sherwood Open Voices PerfonDance (Oliver) - St Martin's Church, Sherwood 5-7Aiigtist- Summer School- Trent College St John's Church, Page 4
Music for Everyone Trustees, Report (continued) Financial reTriew Policy on reserves The reserves policy is to have a miniinum of 3 months operating costs in reserves. The reserves at Au.trust 2024 have risen slightly to slightly above this level. Chair's Annual Report It's been an ellonnous pleasure and privilege to lead Music for Everyone as your chair of ttustees for the last Dine years. As requiTed by our Collstitution. my tem] of "office" ends with tbe atmual meeting, and a new leadersliip will guide our future development. So I twst it's not too self-indulgent to review not just the past year. bul also how our charity bas progressed since I took over from my predecessor Alldrew James. I recall my initial three priorities= raisillg MtE's profile through social media, boosting pariiciparion- especially atnonts the young - and encouraojiio tsreater partnership working with other organisations. We'v¢ ld success in all three areas, cspccially over the past year. The i]npact of Covid and lock doThn had a huge impact on MfE, as it did for so many other creaiive and volulltary orgaDisations. Thanks to you, oiir loyal supporters, my fellow trustees and our dedicated staff. we survived the stonn and are now in much calmcr waters. That's reflected in our annual accounts, which show an unrestricted surplus on the year of £9,028. This is the fjrst titne for a number of years that ME has been able to make a surplus and it reflects the hard work undertaken by staff and trnstees to set a break-even budget and keep tight control on the finaleS throughout the year. We also had success witb funding applications and awards froffj other community groups for our work, and the contilluing doiiations from our many supporters. In addition to the ueStrICted surplus, th¢ Founder's Fund for innovation aud artistic excellence has established to support ideas for fiiture progratnmes. We are grateful as always to BookwÉse and its many volunt¢eTS, who have confinned a donation of £45,120 casli and further in kind support totallillg over £66,900. The directors of Bookwise contiiiue to plan development for all the book shops (NewarL Southwell & NOttInghll) and tnade significant improvements to the Hockley shop front in Nottingliam's creative quarter, with assistauce from a govemment "Levelling Up" grant. A key role of the MtE trustees is overseeing the cbarity and managing change. Following the departure of our Executive DirectQT. DoDna Fox. the trll5tee5 oversaw a reStCtte of MtE's day-tovday management aThd leadership. Our Artistic Director (Alex Robinson). Assistant Anistic DiTeCtor (Racliel Parkes) and General Manager (Su Evans) have now taken on additional responsibilities and are working collectively as OUT leadership team. At the AGM last y¢ar. il was agreed to incr¢as¢ the number of trustee5 to lline. It was to reflect the inereas scale and breadth of MfE's work and the responsibilities and woOad of ste¢S. We have conf1rnd terms of reference for our three sub-committees (flliance. artistic & marketing) to work more effectively. Page 5
Music for Everyone Trustees, Report (continued) This is a timely momellt to welcome our new trustees.. Catherme Hocking alld Gary Ackrill, who were elected i 2024. and Dave Hatherly, David Orton, and Chris Allen, who were co-opted during tlie year. I am also grateful for the support, advice and encouragement of our other tDJStees Rachel Emtnett ]d Josie TanviT. And a big thanks again to fomier trustees Angela Smallwood and Matt L, who stood down last year. As you may know, Olle of our trustees Janet Wootton died just before CElliStmas last year. Janet was a higlily valued trustee, who brought considerable experience to our decision-jnaking as a board. as well as singillg with the Festival Chorus. It's been another year lo celebrate remarkable MfE music llkIllg. Hot on the heels of our 41)th anversary gala onc¢n, die Nottingbam Chamber Choir is Ihis yeaT marking ils 40th anniversary. Both events demonstrate the joy ]d thoroiioh enjoyment of coming together and singin(y a inix of a classical alld conleinporary repertoire. The anniversaries have also been an opportLllllty to officially thank those who have made an exceptional contribution to the developmellt and impact of MtE. The tnislees decided to create a "Roll of Hono[, Headed by our re]narkabl¢ FoiLnder Angela Kay MBE, there are l O other nneS on OUT initial "Roll of Honour" The DneS appear on QUT web site and. in futtire, will appear heie in the annual report, wliicli is an official docutlleiit ihat is sent to the Office of the Charity Commission. Their dedication and commithienl over many years, and your continuing support, are what makes m such a wollderful and cherished organisation. The trustees are delighted that our Artistic Director Alex Robinson - appointed in 2023 has en]braced that tradition and has introduced inally of us to an exciting progran]m¢ of music making froin the classical repertoire. It's even caught the attention of King Charles. We invited His Majesty to our "In the King's Company" concert. which Alex clated and conducted. The King was unable to atteiid. but in a letter froin Buckinghatn Palace, the King said he was "most interested to learn about Music for Everyone" and conveyed "his wartnest good wishes" Looking ahead, I bave cvery confidence that MtE will continue to play a key role in the musical and artistic life of Nottingham and Nottiiighamshire. As I've often said, spread tbe word: Inusic making shouldn't be an ¢litist pleasuTe, il's for everyone to enjoy. That's what we do. Hence our name - "Music for Everyone." John Hess. Chair, Music for Everyon¢ Roll of Honour MtE introduced a new scheme this yeat to recognise key individuals who have contributed so much to the organisation's development since its foundation in 1983. The Roll of HonouT will appear in tUre a]llwal reports and on MtE's website, with illforniation about their contribution. Non]inations can be made at any tllne alld will be considered a[UallY by the Trust¢es. The MtE Trustees wish to place on record their special thanks to the following people who have made exceptional colltributions to the organisation in out5taDding ways. They have acted to shape MtE forniatively, helping to make it the cbarity it is today, or have sustained it invaluably through retnarkably long-lerm committnent and seLViCe. Criterla for inclusion Each illthvKdual has met at least 2 of the following criteria: demonstrated dedicated, sustained and substantial cornmitmellt to MIE in a voluntary capacity for at least 15 years. or as an employee for at least 20 years Page 6
Music for Everyone Trustees, Report (continued) ' gone above and beyond tlieir role as a volunteer or employee . had a fom]ativ¢ influellce on MfE, makillg a positive impact on its developinent acted as an atnbassador successfully promoting MfE and its values for at leasf 15 years The cuffent Roll of Honollr: Angela Kay MBE - Founder. leader and developer of tlie Nottlllgham Choral Trust (subsequendy re-nalld Music for Everyone), Artistic Director and Principal Conductor L983-202_1. ttcipient of Making Music's Lady Hilary Groves Prize for her nationally outstanding contribution to music maktng in tlie community. Jen Adarns - Dedicated custodian and catalogucr of the MfE Music Library 2006 - 2022. Isobel Bounford - Fonnative role in tbe development and 2thninistration of inslrlunental work for both youth (Stringwise 2nd Youih Siring Orchestra) and adult (Blow the Dust off your Ii]Strument) players; also in the forniation and ongoing administration of MtE's seini-PTofessional orchestras (New Classical Players and NottillglM Concert Orchestra) 1993 - 2019. Andy Cooper - Continuous volunteering at MtE events for over .10 years, notably tbe Festival Chorus, chamber choir and yOiLth windband activities" long-servino ME Chair of Trnstees 1992 2005. official MtE photographer. Kathleen Jackson - Forniative role in t]ie early development of adult choral work (Nottingham Festival Chorus and East of Eiigland Singers) and on(roiug support 1983 - 2018. Andrew Jame5 MBE - Transformative Chalr of MtE Trustees 2006 2017; overseeing re- branding of Nottillgham Choral Tnjst as Music for Everyone and the adoption of a new collstitution and le1 status (Charitable Incory)orated orgsatIOn). founder of Bookwise (chaIrnL 2007 - 2024), creating it as a sustainable independent income streatn for MtE and settillg up ME office pren]ises. Joyce Lingard - Continuous vollteering for the charity in various roles 1990 - 2021. illcluding long senrice as youth choir box office administrator and sccretary of ME Friends, Sclieine. Kerry Lovell - Forn]ativ¢ role in the developm¢llt and administration of wind band instrumental work (Balldwise and Adult Flut¢ Choir) 1996- 2021. Angela SmJllW{d Trnstee and honorary secretary to the Board 1985-2024, providing exceptional sustained support for the orgaThisation as a whole; forn]ativ¢ role in the expansion of the prOarnMe frorn athdt d)oraL work to include youth vocal courses and concerts. Mary Stokes - Exceptional volunteering" dedicated administrative support ill the MtE office and across a wide range of adult and youth events, notably Wollatoll Daytime Voices and Beestoll Open Voices. Janice Weston-smith - Exceptioual, sustained volulltcering for over 30 years. developing the Gift Shop to rdise fiu]ds and ning the stall at all courses, youth and adult. choral and inslnllncntal. ever-resourceful leader of catering atrangements for courses. concerts and celebrations. MfE's expert first-aider. Page 7
Music for Everyone Statement of Responsibilities The trustees are responsibl¢ for preparing the trustees, report and the financial stateme$ in accordance with the United Killgdorn Accounting Standards (United Kingdom Generally Accepted Accoulltillg Practice) and applicable law and regulations. The law applicable to charities requires the trustees 10 prepare financial statements for each fmancial year whith give a tThe and fair view of the state of affairs of the charity and of tlie incoming resources and application of resources of the charity for tljat period. tn prarIllg these fmancial statements, the trustees are Tequired to: select suitable accounting policies and then apply them consistently- observe the methods and principles in tbe Charities SORP. make judgements and estimates that are reasonable and prudent. slate wIther applicable accounting standards have been followed, subject to any ll]aterial departures disclosed and explained in the financial statements.. and prepare the financial statements on die going concern basis unless it LS inappropriate to presume that the charity will continiie in business. The trustees are responsible for keeping proper accounting Tecords that disclos¢ with rea50llable accuracy ac any liine the financial position of the charity and enable them to ensure that the financial statements coinply with the Charities Act 2011, the Charities {Accounts and Reports) Regiilations 2008, and th¢ provisions of the constitution. The tn]stees are also responsible for safeguarding the assets of tbe charity and lience for taking reasonable steps for the prevention and deiection of fraud and other irregularities. The tn]stees are resp)nsible for the ll]ntenanCe and integrity of the corporate and fillancial infomiation included on tbe charitable company's website. Legislation governing the preparation and disseminatioii of financial state]nents may diff¢r from legislation in other jurisdictlolls. Approved by the trnstees of the charity on.. ... ............. signed on its behalf by.. esf"" Trustee Page 8
Music for Everyone Independent Examiner's Report to the trustees of Music for Everyone Independent exan)iner's report to the trustees of Music for Everyone I report to the tTUStees on my examination of the accounts of Music for Everyone (the Charity) for the year ended .1 l August 2024. Responsibilities and basis of report As the tnistees of the cliarity you are responsible for the preparation of the accounts in accordance with the reqiiirements 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 tbe 201 l Act and in carrying out my exnInatiOn I have followed all the applicable diTectiolls given by the Charity Commission undeT section 145(5)(b) of the Act. Independent examiner's statement Since tlie Charity's gross incon]e exceeded £250,000 your examiner n]ust be a member of a body listed in sectioll 145 of the 201 l Act. I confirm that I am qualified to undertake tlie examinalion because I am a uKmber and Fellow of the Association of Charity Independent Examiners, wbicb is one of the listed bodies. I have cojnpleted my examillation. I confInn that no matters have come to rny artention in connection with ihe exatnination giving me cause to believe that in any material respect.. l. accounting records were llot kept in respect of the Charity as required by section 1.30 of the Act. or 2. the accounts do llot accord with those records; or l. the accounts do not comply with the accounting reqiiirejnents concerning the fonn and content of accounts set out in the Charities (Accounts and Repons) Regulatiolls 2008 other than any requirement that the accounts give a 'true and fair, view which is not a niarter considered as part of an independent exatntnation. I have no concerns and have come across no other Lnatt¢rs tn connection with the eXnInatiOn to which attention should be drawryk ill thL'S report in order to ellable a proper understanding of tlie accounts to be reached. Tien MSC. FAIA, FCIE, employee of Community AccouDting Plus Fellow of the Association of Charity Independent Exa]niners Units1&2 North West 4l Talbot Street Nottingbanl NGI 5GL Date.. /JDJ2 Page 9
Music for Everyone Statement of Financial Activities for the Year Ended 31 August 2024 Total 2024 Total 2023 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitrble activities Investment income Other tllco]ne -14.465 218,021 449 26,066 198,707 250 51,409 186,225 449 -31,796 TotaL lllcome 266.459 31.796 298,255 276,432 Expen(liture on.. Charitable activities (257,431) (16,949) (274.380) (316,088) Total Expenditure (257,431) (16,949) (274.380) (316,088) Net movement in funds 9.028 14,847 23,875 (.39,656) Reconciliation of funds Total fimds brought forward 54,495 94,151 Total funds Carried forward 20 46,293 32,077 78,370 54,495 All of the charity's activities derive frotn continuillg operations during the above Nio periods. Tlie funds breakdown for dic period is shown in note 20. The notes on pages 13 to 22 fonn an integral parl of these financial statenients. Page 10
Music for Everyone Statement of Financial Activities for the Year Ended 31 August 2024 (continued) These are the figures for the preTr'iou$ accounting period and are included for comparative purposes Total 2023 Unrestricted Restricted Iyote Income and Endowments from: Donations and legacies Charitable activities Inveslment incotlle Other income 26,066 165.964 250 51,409 26.066 198.707 250 51,409 32.743 Total Income 24.3.689 32,74.3 276,432 Expenditure on: C]witabl¢ activities (280,758) (35.330) {116,088) Total Expenditure (280,758) (15,330) (316,088) Net inovement in funds (37,069) (2,587) (.39.656) Reconciliation of funds Total funds brouglit fonvard 74,-1_14 19.817 94,151 Total funds carried fonvard 20 37,265 54,495 The notes on pages 13 to 22 fonn an integral part of these financial 5tatcments. Pagell
Music for Everyone (Registration number: 1153412) Balance Sheet as at 31 August 2024 2024 2023 Note Fixed assets Tangible assets 13 15.745 15,745 Current 4ssets Debtors Cash at bank and in hand 14 15 59,425 19,116 49,283 10,894 78,541 60.177 Creditors: Amounts falling due within one year Net current assets 16 (15,916) (21,427) 62.625 38,750 Net assets 78,370 54,495 Funds of the charity: Restricted income funds Restricted funds 20 32,077 17,230 Unrestricted income funds Unrestricted funds 46,293 37,265 Total funds 20 78,370 54,495 The financial statements on pages 10 to 22 were approved by the trustees, and authorised for issue OD 8.Feb 2025and signed on their behalf by.. Rachel Emmett Trustee The notes on pages 13 to 22 forn an integral part of these financial staternents. Page 12
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 l Accounting policies Statement of compliance The financial statements have been prepared in accordance willi the second eth'tion of the Chariiies Statement of Recn]neThded Practice issued in October 2019, the Financial Reporting StandaTd applicable ill the Ulllted Kingdom and Republic of Ireland {FRS 102) and the Charities Act 2011. Basis of preparation Music for Everyone meets the defmition of a public benefit entity under FRS I02. Assets and liabilities are illitially recognised at historical cost or transactloll value unless otherwise slated in the relevant accounting policy notes. Exemption from preparing a cash flow statement Uiider the exemption available to smaller C]rItICS the Board of Trustees I5 chosen not to include a Stalernent of Cash Flows within the fiilallcial statejnents. Going concern The fi]w]cial statements have been prepared on a going concern basis. The trustees assess whether the use of going conc¢n] is appropriate i.e. wbetber there are any inaierial uncertainties related to evellts or conth'tions that m2y cast significant doubt on the ability of t]ie charity to continiie as a going concetn. The rnsrees make this assessmeiit in respect of a period of one year froin the dale of approval of the financial statements. Income and endowments Voliintary income including donations, gifis, legacies and grants that provide core funding or are of a general nattire is rccogllised when the Charity bas enlitlanent to the incotne, it is probable that the illcoine will be received and the amount can be measured with sU1Clent reliability. Donalions and lega¢i¢s Donatiolls and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably m¢8sured. Grants receivable Grants are recolSed when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perforniwice conth'tions are attached to tbe grant and are yet to bc mei. the income is recognised as a liability and included on the balance sheet as deferred ttlcome to be released. Deferred income Deferred income represents amounts received for future periods and is released to incoming resources in Ihe period foi which, it bas been received. Such income is onLy deferred wheo". - Thc donor specifIes that the grant or donatioll musl only be used in tre accounting periods. or - The donor has imposed coiiditions which ttwst bc met before the charity ha5 uuconditional entitlement. Page 13
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) Expenditure All expenditure is recognised once tliere is a legal or constrnclive obligation to that expenditure. it IS Probable settlement is required and the wnount can be measured reliably. All costs are allocated to the applicabLe expenditure heading tliat 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 die basis of lime 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 aelivilies Cbaritable expendtture co]nprises tliose costs iDCUTTed by tbe charity in tbe delivery of its activities and services for its beneficiaries. Il includes both costs tbat can be allocated directly to such activities and those costs of an indirect natur¢ llecessary to support thenL Government grants Government grants are recognised based on the accrual nde1 and are measured at tbe fair value of the asset received or receivable. Grants are cLassified as lating either to reveniie or to assets. Grants relating to revenue are recognised ill incoine over the period in whicli the related costs are recogllised. Grants relating to assets are recognised over t]ie expected useful life of tb¢ asset. Where part of a grant relating to au assel is deferred. it is recognised as deferred llicom¢. Taxation The cliarity is considered to pass the tesls set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefor¢ it meets the defmttioll of a cliaritable company for UK corpoiation tax purposes. Accordingly, the charity is potenlially exempt froin taxation in respect of income or capital gains received wtthin categories covered by Cliapter 3 Part I l of the Corporation Tax Act 2010 or Sectioii 256 of the Taxation of Chargeable Gains Act 1992. to the extent thai such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual red assets costing £500.00 or Ure are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accutnulated itnpainnenl losses. Instruments are iilltially measured at cost and subsequently m&Ured at insurance value. Depreciation and amortisation Depre¢iation is provided on tanble fixed assets so as to write off tbe cost or valuation, less any estimated residual value, over tlieir expected u5efiil economic life as follows.. Asset class General equipment Depreciation method and rate 250/0 reducing balance basls Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of it5 tallgible assets to detennine wli¢th¢T there i5 any indication (lt those asset5 have suffered an impairmellt loss. If any such indication exists. the recoverable amount of the asset is esti]lted in order to detern]ille th¢ extent of the i]llpainnent loss (if any) . Page 14
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) Trade debtors Trade debtors ate aMolt$ due from customers for tnercballdise sold or services perfom]ed in the ordlnary course of busilless. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised Cost Uslllg tlie effective illterest meiliod, less provisioii for impainnent. A provisioll for the impairment of debtors 15 established when there is objective evidence that the cliarity will not be able to collect all amounts due according to the origillal tern]s of the receivable5. Cash and cash equivalents Cash and cash equivalents comprise cash oll liand and call deposits. alld ollier short-terni bigbly liquid investments Ibat are readily convertible to a amount of cash and are subject to an insigmficant risk of change in value. Fund structure Unrestricted income ndS ar¢ gcneral fijnds that are available for use at the trnstees, discretion in fillerance of the objectives of the charity. Restricted incom¢ fiwds are those donated for use in a particular area or for specific purposes, the use of which is restricted to tbat area or purpose. Pensions and other i)ost retirement obligation5 The charity operates a defined contribiitLOll pension scheme which is a pension plan under which red contributions are paid into a pensioll fid and the charity has no leg21 or constnictive obliualioll lo pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in tbe cutTent and prior periods. Contributions to defined contribution plans are recognised in the Stateinent of Financial Activities when they are due. If Contribution payments exceed the contribution due foT service, the excess is recognised as a prepayment. 2 Income from donations and legacies Unrestricted funds General Total 2024 Total 2023 Donations and legacies. Donations froin coinpanies, trusts. individuals and similar proceeds Gift aid reclaimed Grallts. including capital grants. Govenllnent grants Grants from other charities 7,866 12,450 12.536 12,536 5,450 2,146 5.450 2.146 5,750 34,465 26.066 Page 15
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) 3 Income from charitable activities Unrestricted funds General Restricted funds Total 2024 Totsl 2023 Grants & donations Sales & services Memberslllps MisceLlaneous income Donations in kind (inslrnment) 31.796 98,931 86,667 627 29.768 95,304 66.237 4,52_3 2,875 98,931 86,667 627 186.225 31,796 218,021 198,707 4 Investment income Unrestricted funds General Total 2024 Total 2023 Interest receivable and similar income- Interest receivable on bank deposits 449 449 250 5 Other income Unrestricted Total 2024 Total 2023 General Income from BookNise trading subsidiary 45,320 51,409 Bookwise also provided in kind support of £21.658 towards the charity (see Note 12) llkIng a total contribution of £66.978. Page 16
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) 6 Grants and donations Unrestricted funds Restricted funds Total funds Nottinglwnsliire County Council Thomas Farr Charity Inspire HMRC Gift aid Nottillgham Boys ChoiT Supporters scheme donations Other donations Rushcliffe Councillor Fund East Midlands Airport Coilllnunity Sponsorship Warthoo Music Founder's Fund 5,450 5,450 .3,500 14.120 14,120 l2,536 2.146 7,779 6,554 200 200 1.262 12,514 2.146 7,779 6.554 200 200 1,262 12,514 31,796 66,261 £2.146 funds from the willding up of charity Nottingham Boys Choir was transferred to m as a suitable aLternative cliarity. 7 Expenditure on charitable actiiqties Unrestricted Total 2024 Total 2023 General Restricted Artistic prograinme Special proj¢cts Artistic planning & overheads Salaries, NI & pension Music fund Gift shop Box office Independent examination costs 112.023 112,023 20,161 18,168 110.877 4.48.3 1,214 6,404 1.050 132,702 21,608 4.3.008 106,688 2.448 1,532 5,154 948 6,659 18.168 100,587 4.483 1.214 6,404 1.050 10,290 257,431 16,949 274,380 316,088 Page 17
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) 8 Staff costs The aggregdte payroll costs Were as follows.. 2024 2023 Staff costs during the year were: Wages and salaries Social security costs Pension costs 105,017 3,742 2,098 127.393 2.675 2.415 110,877 132,48.3 The monthly averdge number of persons (including senior management teatn) employed by the cbaTity during the year wa5 as follows: 2024 2023 Average number of empLoyees 4 (2023 - 6) of tbe above employees participafrd in the Defined Contribulion Pension Schemes. Contributions to the employee pension schemes for the year totall¢d £2,098 (2023 - £2,415). No employee received emoluments of inore tbaii £60,000 during the year The total employee kllefits of the key mawdgunent personnel of Ihe Chm'ty were £65,105 (2023 - £45.104). 9 Taxation The charity is a registered charity and is therefore exempt from taxation. 10 Independent examiner's fees During the pcriod, the fees payable (including VAD to the charity's independellt examiner are analysed as follows: 2024 2023 Independent examination 1.050 948 1.050 948 Page 18
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 (Colltinued) 11 Related party transactions During the year the charity made the following related party transactions.. Matthew Lax During the period as a tDJStee (until 20103124) the charity paid £287 (2023 £185) to this trustee for engagements as a free1]Ce musician. At the balance sheel date the amount due to/from Matthew Lax was £Nil (2023 - £Nil). 12 Benefits in kind IALring the period charity benefited from rent and other costs paid by Bookwise Southwell to ihe lotal value of £21,658 (2021.. £19,525). Rent at Goose Gate £7.000 (202_3: £7.000) Storage & insurance at Lenton £8,994 (202.3.. £8,403) Telecoi]llnunications £1,556 (202.3.. £1,165) Van runlling expenses £1,108 (2023: £852) Electricity & water £3,000 (20?1.' £2.105) 13 Tangible fixed assets General equipment Instruments Total Cost At I September 2023 945 15,745 16,690 At .31 August 2024 945 15,745 16,690 Depreciatio At I Sept¢mb¢T 2023 945 945 At 31 Au1St 2024 945 945 Net book value At .1 l August 2024 15.745 15.745 Al .31 August 202.3 15.745 15,745 14 Debtors 2024 2023 Prepayments Other debtors 7.608 51.817 9,075 40,208 59,425 49,283 Page 19
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) 15 Cash and cash equivalents 2024 2023 Cash at bank 19,116 10,894 16 Creditors: amounts falling due within one year 2024 2023 Other creditors Accruals Deferred illCOEne 5.479 1,050 1.878 948 18,601 15,916 21,427 17 Obligations under le#ses and hire purchase Contracts Operating lease commitments Total future minimum lease payments under non-cancellable operating leases are as follows.. 2024 2023 Photocopier Within one year Between one and five years 1.488 2.232 1,488 3,720 3,720 5,208 18 Trustees remuneration and expenses No sle¢s, nor any persons connected with them. have received ally remuneration from the charity dutillg the year. No tWStces have Teceived any relmbursed expenses or any other b¢n¢fits from the charity during the year. Page 20
Music for Everyone Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) 19 Analysis of net assets between funds Unrestricted 2024 Total funds General Restricted Tangible fixed assets Current assets cuellt liabilities 15.745 16.-332 15,745 78,541 (15,916) 62.209 {li,916) Total net assets 46,293 Unrestricted 2023 Total fund5 General Restricted T1( ngible fed assets Current assets Curreiit liabilitKes 15,745 1.485 l5,745 60,177 (21,427) 58.692 (2L,4?7) Total net assets 37,265 17,2.10 54,495 20 Funds Balance at I September 2023 Incoming resources Resources expended Balance at 31 August 2024 Unrestricted ndS General General fund 266,459 (257.431) 46,293 Restricted funds Instnunents Paul Redfearn InstrunLent filnd Inspire Open Voices Fund - Thomas F Founder's Artistic Development Fund Opell Voices - Inspire Open Voices - EMA Open Voices - Riishcliffe Councillor Opell Voices - Warthog Music 15,745 1,485 15,745 1,485 10,290 3,500 (10,290) (1,167) 2,333 12.514 [2.514 (3,830) (200) 200 200 1.262 (200) 1.262) Total restricted funds 17,2.30 -31.796 (16.949) 32.077 Total funds 54,495 298,255 (274,-380) 78.370 Page 21
Music for Everyone Notes to the Financial Statements for the Year Ended 31 Allgust 2024 (continued) The specific purposes for which tlie fi]nds are to be applied are as follows.. Instnunents - ihis fid represents the nel book value of the fixed assets (Instruments). Paul Redfcarn Instrument fid - a fnd to support the loan of miisic21 instruments to pupils in tbe City/County. Inspire - funding to deliver music projects in Nottinghamshire, to support 1.5 dayslweek led by our Assistant Artistic Director. Rachel Parkes. This arrangement callle to an end in July 2024. Founder's Artistic Development Fund donations from individuals and from Bookwise have eslablislllng this nd to sustain innovation and 8rtistic excellence in the work of MtE into the tre. No spending froin the fund has yet taken place. Health & Wellbeing - Open Voiccs - weekly singino groups that are especially suitable for adulis with learning difficulties or disabilities. A aTht of £3.500 from Thoinas Farr charity was received towards one year of the progrTlle starting April 24. so £2,-3.3.3 will be carried forward into 24125. These are the figures for tbe previous accountino period and are included for comparative purposes: Balance at i September 2022 Incoming resources Resources expended Balance at 31 August 2023 Unre$trieted funds GeneMI General fund 74,334 243.689 (280,758) -37.265 Restricted tDStruments Paul Redfearn Instrument fill]d Arts Council Illspire 12,870 1,-386 2,875 100 25.795 3.973 15.745 1,485 (i) (25,795) (9,514) 5,561 Total restricted funds 19,817 {15,-330) 17.230 Total funds 94,151 276,432 (316,088) 54,495 Pag¢ 22