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← Music For Everyone

2025-08-31-accounts

Annual Report 2024- 2025 for everyone Music Making across the East Midlands www.music-for-everyone.org Music for Everyone is a Registered Charitv No. 1153412

Charity registration number: 1153412

Music for Everyone

Annual Report and Financial Statements for the Year Ended 31 August 2025

Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Music for Everyone

Contents (continued)

Reference and Administrative Details 1
Trustees' Report 2 to 6
Statement of Responsibilities 7
Independent Examiner's Report 8
Statement of Financial Activities 9 to 10
Balance Sheet 11
Notes to the Financial Statements 12 to 22

Music for Everyone

Reference and Administrative Details

Trustees David Hatherly, Chair Rachel Emmett, Treasurer Chris Allen, Secretary Josie Tanvir Catherine Hocking Gary Ackrill David Orton Joanna Martin Founder and Artistic Advisor Angela Kay MBE Senior Management Team Su Evans, General Manager Alex Robinson, Artistic Director Rachel Parkes, Assistant Artistic Director Charity Registration Number 1153412 Principal Office 10 Goose Gate Nottingham NG1 1FF Independent Examiner Eva Stevens, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Page 1

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 2025.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: David Hatherly, Chair Rachel Emmett, Treasurer Chris Allen, Secretary Josie Tanvir Catherine Hocking Gary Ackrill David Orton Joanna Martin (appointed 2 April 2025) John Hess (resigned 2 April 2025)

Structure, governance and management

Nature of governing document

The charity is operated under the rules of its CIO - Association constitution adopted 15 August 2013.The number of trustees was increased from 6 to 9 by resolution at the AGM on 20 March 2024.

Recruitment and appointment of trustees

Trustees are advertised through call-outs to the membership and we invite nominations to be voted on by the membership at the AGM.

Additionally we can co-opt trustees during the year between AGMs. In this case potential trustees would be invited to observe a meeting and then be formally co-opted at the following meeting.

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;

Page 2

Music for Everyone

Trustees' Report (continued)

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);

iii). 19 regularly rehearsing groups (11 adult, 4 youth, 4 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. ii) 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.

Achievements and performance

The team achieved a varied programme of concerts and workshops as outlined below, and regular groups continue to build following a drop in participants since covid.

Main achievements in 2024/25

REGULARLY REHEARSING GROUPS

• Adult

6 x Daytime Voices groups (365 singers in total)

2 x Daytime Orchestra groups (109 players in total)

1 x Chamber Choir (Nottingham Chamber Singers - 38 singers) 1 x Flute Choir (12 players) 1 x Swing Band (19 players)

• Youth 2 x Wind Band (30 players in total)

2 x String Orchestras (38 players in total)

• Health Initiatives

4 x Open Voices groups - music groups especially for people with learning difficulties (over 150 in total - including carers)

WORKSHOPS/ACTIVITIES/COURSES

• Adult 3 x choral courses (250 singers over the 3 courses) 2 x orchestral workshop (296 players over the 2 workshops)

1 x recorder workshop (43 players)

2 x singing workshops (161 singers)

1 x 3 day Summer School (188 singers and players)

Page 3

Music for Everyone

Trustees' Report (continued)

• Youth

2 x instrumental workshops (263 players over the 2 workshops) 3 x singing workshops (222 singers over the 3 workshops)

CONCERTS

8 adult concerts (1340 tickets sold over the 8 concerts) 6 youth concerts (1100 tickets sold over the 6 concerts) 24 informal performances (not ticketed)

Diary of Activities 2024-25

9 September - Supporter's Concert - Djanogly Recital Hall, University of Nottingham

14 September - Recorder Workshop Day - NTU Clifton

5 October - Nottingham Festival Chorus, Singing Course - In the King’s Company

6 October - Nottingham Festival Chorus Concert, Beeston Parish Church

12 October - Nottingham Chamber Singers Concert, St John’s Carrington

17 November - Big Youth Music Experience Concert - Albert Hall Nottingham

7 December - Youth Groups Concert - Kingswood Methodist Church

11 January - 'Blow the Dust' Instrumental Playing Day - Albert Hall Nottingham

8 & 9 March - Big Youth Music Experience, Instrumental playing weekend - South Notts Academy, Radcliffe on Trent 15 March - Nottingham Community Music - Musicals Workshop & Concert with Open Voices - Rushcliffe Academy

16 March - Big Youth Music Experience Concert - Albert Hall Nottingham

29 March - Nottingham Chamber Singers Concert - Easter Images, St Peter’s Church, Ruddington

3 April - Soundstage Movie Singalong with Lunchtime Voices - Royal Concert Hall, Nottingham

26 April - Vocals Youth Singing workshop - NTU Clifton

27 April - Vocals Youth Concert - Albert Hall, Nottingham

11 May - Meet the Composer workshop with Libby Croad - Music Department, University of Nottingham

7 June - Family Festival Day - Middle Street Resource Centre, Beeston

8 June - Nottingham Chamber Singers - Pop up concert, Beeston

14 June - Blow the Dust Instrumental Playing Day - Albert Hall Nottingham

21 June - Nottingham Chamber Singers 40th Anniversary Concert - St John the Baptist, Beeston

28 June - Nottingham Festival Chorus Workshop Day with Neil Ferris - St Martin’s Church, Sherwood

5 July - Youth Groups Summer Concert - St Luke’s Church, Gamston

18 July - Sherwood Open Voices Performance (My Fair Lady) - St Martin's Church, Sherwood 4-6 August - Summer School - Trent College

Page 4

Music for Everyone

Trustees' Report (continued)

Financial review

Policy on reserves

The reserves policy is to have a minimum of 3 months operating costs in reserves. We have been able to increase reserves to above this target level this year.

Major risks and management of those risks

Trustees consider MfE to be in a strong position currently, with no major risks.

The organisation has a diversity of income streams and good cash flow, and finances are well managed. There have been recent reviews of our safeguarding policy and major incident policy, and staff have received up to date training to ensure risks to our participants and audiences are minimised and appropriate actions are taken if any incidents do occur.

We have expanded the number of trustees to share responsibility and workload and have been able to recruit to staff vacancies. Trustees will continue to monitor risks to the organisation.

Trustees' Report for 2024/25

Music for Everyone has continued to go from strength to strength this year, with a highly successful artistic programme, a committed and effective board of trustees, and a good financial performance. The Trustees are indebted to our wonderful professional staff team, freelance music leaders and players and our enormous army of volunteers, who have made such a huge contribution across the year.

We are very appreciative of our new Chair of Trustees, Dave Hatherly who has spent a lot of his time visiting (and taking part in) the many groups, events and concerts that MfE provide, from the premiere of a new commission, our youth music weekends, to our regular Open Voices groups for adults with learning difficulties. Whilst always being impressed with the high quality of these activities, he also sees how much it means to those who take part, and the benefits to their positive mental health and wellbeing. The Trustees are committed to supporting the organisation to thrive to be able to deliver these benefits to our communities and extend opportunities to more people in the future.

We would also like to thank newly elected Trustee, Jo Martin who has contributed her professional experience in safeguarding as well as taking on the running of the MfE gift shop.

MfE has had another successful year financially, with a surplus on our activities of £21,568. This reflects the successful delivery of our programmes, with good attendance particularly at adult participatory activities like Daytime Voices and the Summer School. Credit is also due to the effective work of our staff team in controlling costs and maximising income, and to the contribution of our trading subsidiary, Bookwise (see below).

MfE’s increased its fundraising income in 24/25, with the support of freelance fundraiser, Nick Lawford. Our regular Supporters Scheme, the Founders Fund and a revenue grant from Nottinghamshire County Council provided important income streams which enabled us to leverage further income. Arts Council England and the Bliss Trust supported NCS’s 40th anniversary season and Nottingham City Council’s UK Shared Prosperity Fund supported the purchase of new equipment. Further grants and donations were received for Open Voices, including a tremendous match-funding campaign through The Big Give Arts Week.

£35,451 of MfE’s reserves at the year end are held in restricted funds that specify how the funds must be used. These are detailed in note 20 of the accounts. MfE’s remaining unrestricted reserves have risen by £18,194 to £64,487 at the year end. This is higher than our stated policy level and Trustees are looking at how best to use these reserves to invest in the organisation’s future.

Page 5

Music for Everyone

Trustees' Report (continued)

Our Treasurer, Rachel Emmett will be stepping down at the AGM in 2026, having served the full nine-year term as an MfE Trustee. We want to thank her for everything she has done to keep the finances on track and bring a new focus to our fundraising efforts.

Bookwise also had a very successful year, having reduced their overheads and received lots of donations of books, sheet music and CDs to stock their shops in Nottingham, Newark and Southwell. Bookwise have donated £53,224 to support MfE, including £3,000 for the Founders Fund. In addition, they provided support in kind valued at £22,514 that included office rent and running costs, storage and the van. We are enormously grateful to Bookwise’s Chair, Gary Ackrill, its Directors and its many volunteers for their support.

The Trustees wish to note with great sadness the death of former Chair of MfE, Andrew James MBE in 2025. He took crucial steps to secure the long-term success of MfE as a dynamic music education organisation, overseeing the transition to its new constitution and re-branding (from Nottingham Choral Trust), as well as establishing Bookwise to provide a sustainable independent income stream for the charity. MfE owes Andrew a great deal and we will always regard him with gratitude.

Finally, as members are aware, it was agreed towards the end of the year that our Artistic Director, Alex Robinson, would step back from the role due to his other commitments, but will remain as an Associate Conductor for a number of our concerts. The Trustees were pleased to be able to appoint Rachel Parkes, the previous Assistant Artistic Director, to become Artistic Director from September 2025. She joins our General Manager, Su Evans in leading the organisation into its bright future.

Roll of Honour

MfE introduced a new scheme last year to recognise individuals who have contributed to the organisation’s development. No additions have been made to the list this year.

The MfE Trustees wish to place on record their special thanks to the following people who have made exceptional contributions to the organisation in outstanding ways. They have acted to shape MfE formatively, helping to make it the charity it is today, or have sustained it invaluably through remarkably long-term commitment and service:

Angela Kay MBE Jen Adams Isobel Bounford Andy Cooper Kathleen Jackson Andrew James MBE Joyce Lingard Kerry Lovell Angela Smallwood Mary Stokes Janice Weston-Smith

Page 6

Music for Everyone

Statement of 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 Charities (Accounts and Reports) Regulations 2008, 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... Josie Tanvir Trustee

Page 7

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 2025.

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

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Public Finance and Accountancy (CIPFA), which is one of the listed bodies. 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.

......................................

Eva Stevens BSc, CPFA, employee of Community Accounting Plus member of the Chartered Institute of Public Finance and Accountancy (CIPFA)

Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Date:.............................

Page 8

Music for Everyone

Statement of Financial Activities for the Year Ended 31 August 2025

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Investment income
4
Other income
5
Total Income
Expenditure on:
Charitable activities
7
Total Expenditure
Net income
Gross transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
20		 Unrestricted
£
31,140
179,355
453
73,194
284,142
(283,359)
(283,359)
783
17,411
18,194
46,293
64,487		 Restricted
£
-
49,048
-
3,000
52,048
(31,263)
(31,263)
20,785
(17,411)
3,374
32,077
35,451		 Total
2025
£
31,140
228,403
453
76,194
336,190
(314,622)
(314,622)
21,568
-
21,568
78,370
99,938		 (As restated)
Total
2024
£
34,465
218,021
449
66,978
319,913
(296,038)
(296,038)
23,875
-
23,875
54,495
78,370

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 20.

The notes on pages 12 to 22 form an integral part of these financial statements. Page 9

Music for Everyone

Statement of Financial Activities for the Year Ended 31 August 2025 (continued)

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

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Investment income
4
Other income
5
Total Income
Expenditure on:
Charitable activities
7
Total Expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
20		 Unrestricted
£
34,465
186,225
449
66,978
288,117
(279,089)
(279,089)
9,028
37,265
46,293		 Restricted
£
-
31,796
-
-
31,796
(16,949)
(16,949)
14,847
17,230
32,077		 Total
2024
£
34,465
218,021
449
66,978
319,913
(296,038)
(296,038)
23,875
54,495
78,370

The notes on pages 12 to 22 form an integral part of these financial statements. Page 10

Music for Everyone

(Registration number: 1153412) Balance Sheet as at 31 August 2025

Note
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
15
Creditors: Amounts falling due within one year
16
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
20
Unrestricted income funds
Unrestricted funds
Total funds
20		 2025
£
20,754
74,307
27,774
102,081
(22,897)
79,184
99,938
35,451
64,487
99,938		 2024
£
15,745
59,425
19,116
78,541
(15,916)
62,625
78,370
32,077
46,293
78,370

The financial statements on pages 9 to 22 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

==> picture [75 x 35] intentionally omitted <==

......................................... Rachel Emmett Trustee

The notes on pages 12 to 22 form an integral part of these financial statements. Page 11

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom 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

Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the 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 as a 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 12

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

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 1 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 Depreciation method and rate
General equipment 25% straight line
Fixtures & fittings 25% straight line

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 13

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

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.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 Income from donations and legacies

Donations and legacies;
Donations from companies, trusts, individuals and
similar proceeds
Gift aid reclaimed
Grants, including capital grants;
Government grants
Grants from other charities		 Unrestricted
funds
General
£
9,992
15,698
5,450
-
31,140		 Total
2025
£
9,992
15,698
5,450
-
31,140		 Total
2024
£
14,333
12,536
5,450
2,146
34,465

Page 14

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

3 Income from charitable activities

Unrestricted
funds
General
£
Grants & donations
-
Sales & services
96,009
Memberships
82,318
Miscellaneous income
1,028
179,355
4
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits
5
Other income
Unrestricted
General
£
Income from Bookwise trading
subsidiary
50,224
Bookwise support in kind
22,514
Gains on sale of tangible fixed
assets for charity's own use
456
73,194		 Restricted
funds
£
42,257
-
6,791
-
49,048
Unrestricted
funds
General
£
453
Restricted
£
3,000
-
-
3,000		 Total
2025
£
42,257
96,009
89,109
1,028
228,403
Total
2025
£
453
Total
2025
£
53,224
22,514
456
76,194		 Total
2024
£
31,796
98,931
86,667
627
218,021
Total
2024
£
449
(As restated)
Total
2024
£
45,320
21,658
-
66,978

5 Other income

Page 15

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

6 Grants and donations

Nottinghamshire County Council
Nottingham City Council - capital grant
Arts Council England
HMRC Gift aid
NCF Broxtowe
Supporters scheme donations
Other donations
Power of Music
Boots Charitable Trust
Bliss Trust
One Sound
Big Give
Rushcliffe Community Infrastructure Levy
Rushcliffe Councillor fund
Nottingham City Council public health		 Unrestricted
funds
£
5,450
-
-
15,698
-
7,784
208
-
-
-
2,000
-
-
-
-
31,140		 Restricted
funds
£
-
10,162
9,986
-
1,333
-
10,366
1,000
3,273
600
-
2,500
2,000
370
667
42,257		 Total funds
£
5,450
10,162
9,986
15,698
1,333
7,784
10,574
1,000
3,273
600
2,000
2,500
2,000
370
667
73,397

7 Expenditure on charitable activities

Unrestricted

Artistic programme
Special projects
Artistic planning & overheads
Salaries, NI & pension
Music fund
Gift shop
Box office
Independent examination costs
Depreciation
Bookwise support in kind (rent &
other costs, see note 12)		 General
£
112,644
-
19,042
113,476
5,548
2,342
6,701
1,092
-
22,514
283,359		 Restricted
£
6,566
22,069
-
-
-
-
-
-
2,628
-
31,263		 Total
2025
£
119,210
22,069
19,042
113,476
5,548
2,342
6,701
1,092
2,628
22,514
314,622		 Total
2024
£
(as restated)
112,023
20,161
18,168
110,877
4,483
1,214
6,404
1,050
-
21,658
296,038

Page 16

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

8 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2025
£
107,513
3,774
2,189
113,476		 2024
£
105,037
3,742
2,098
110,877

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

Average number of employees 2025
No
6		 2024
No
5

6 (2024 - 4) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £2,189 (2024 - £2,098).

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

The total employee benefits of the key management personnel of the charity were £58,362 (2024 - £65,105).

9 Taxation

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

10 Independent examiner's fees

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

Independent examination 2025
£
1,092
1,092		 2024
£
1,050
1,050

Page 17

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

11 Related party transactions

There were no related party transactions in the year.

12 Benefits in kind

During the period charity benefited from rent and other costs paid by Bookwise Southwell to the total value of £22,514 (2024: £21,658).

Rent at Goose Gate £7,000 (2024: £7,000) Storage & insurance at Lenton £8,850 (2024: £8,994) Telecommunications £1,888 (2024: £1,556) Van running expenses £1,576 (2024: £1,108) Electricity & water £3,200 (2024: £3,000)

13 Tangible fixed assets

13 Tangible fixed assets
Cost
At 1 September 2024
Additions
Disposals
At 31 August 2025
Depreciation
At 1 September 2024
Charge for the year
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024
14 Debtors
Prepayments
Other debtors		 General
equipment
£
945
4,881
-
5,826
945
1,220
2,165
3,661
-		 Instruments
£
15,745
-
(2,875)
12,870
-
-
-
12,870
15,745		 Fixtures &
fittings
£
-
5,631
-		 Total
£
16,690
10,512
(2,875)
24,327
945
2,628
3,573
20,754
15,745
2024
£
7,608
51,817
12,870 5,631
-
-		 -
1,408
- 1,408
12,870 4,223
15,745 -
2025
£
3,036
71,271
74,307
59,425

Page 18

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

15 Cash and cash equivalents

Cash at bank
16 Creditors: amounts falling due within one year
Other creditors
Accruals
Deferred income		 2025
£
27,774
2025
£
4,071
1,092
17,734
22,897		 2024
£
19,116
2024
£
5,479
1,050
9,387
15,916

17 Obligations under leases and hire purchase contracts

Operating lease commitments

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

Photocopier
Within one year
Between one and five years		 2025
£
1,488
744
2,232		 2024
£
1,488
2,232
3,720

18 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.

Page 19

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

19 Analysis of net assets between funds

Unrestricted

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 General
£
7,884
79,500
(22,897)
64,487
Unrestricted
General
£
-
62,209
(15,916)
46,293		 Restricted
£
12,870
22,581
-
35,451
Restricted
£
15,745
16,332
-
32,077		 2025
Total funds
£
20,754
102,081
(22,897)
99,938
2024
Total funds
£
15,745
78,541
(15,916)
78,370

20 Funds

Unrestricted funds
General
General fund
Restricted funds
Instruments
Paul Redfearn Instrument
fund
Open Voices Fund
Founder’s Artistic
Development Fund
NCS 40th Anniversary
Nottingham City Council
capital fund
Total restricted funds
Total funds		 Balance at 1
September
2024
£
46,293
15,745
1,485
2,333
12,514
-
-
32,077
78,370		 Incoming
resources
£
284,142
-
-
28,299
3,000
10,586
10,163
52,048
336,190		 Resources
expended
£
(283,359)
-
-
(22,069)
-
(6,566)
(2,628)
(31,263)
(314,622)		 Transfers
£
17,411
(2,875)
-
(2,207)
(774)
(4,020)
(7,535)
(17,411)
-		 Balance at
31 August
2025
£
64,487
12,870
1,485
6,356
14,740
-
-
35,451
99,938

Page 20

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

The transfer from the NCC equipment fund to the General fund represents the net book value of fixed assets, the use of which is not subject to any restriction.

The transfer from the Instruments fund to the General fund reflects the sale/disposal of an instrument. The transfer from the Open Voices fund and NCS 40th anniversary fund to the General fund represents management charges.

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

Instruments - this fund represents the net book value of the fixed assets (Instruments).

Paul Redfearn Instrument fund - This fund covers the costs of insuring and maintaining the instrument, topped up by income from instrument hires.

Founder’s Artistic Development Fund - donations from individuals and from Bookwise have establishing this fund to sustain innovation and artistic excellence in the work of MfE into the future. Bookwise directors have agreed £3,000 from their annual surplus should be added to the Founders Fund. The only spending has been £774 towards NCS 40th season. This leaves a balance in the fund of £14,740.

Open Voices – weekly singing groups that are especially suitable for adults with learning difficulties or disabilities. - Income from weekly donations, grants and fundraising activity totalled over £28,299 plus £2,333 brought forward from 23/24. A 10% management charge has been deducted on Open Voices expenditure towards MfE’s management costs. This leaves £6,356 remaining in a restricted fund to carry into 25/26.

NCS 40thanniversary – Programme across the season included a new commission, composers workshop and pop-up events, supported by Arts Council England, Founders Fund and Bliss Trust, plus support in kind from University of Nottingham and a local film-maker. The budget included contributions to MfE core costs for artistic staff and overheads.

Nottingham City Council capital fund – grant received from NCC’s UK Shared Prosperity Fund for cultural, heritage and creative organisations to purchase equipment to enhance participation and performance programmes in the City. The grant was spent in full, and the cost of the equipment will be depreciated over 4 years.

Page 21

Music for Everyone

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

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

Unrestricted funds
General
General fund
Restricted
Instruments
Paul Redfearn Instrument fund
Inspire
Open Voices Fund
Founder’s Artistic Development
Fund
Open Voices - Inspire
Open Voices - EMA
Open Voices - Rushcliffe
Councillor
Open Voices - Warthog Music
Total restricted funds
Total funds		 Balance at 1
September
2023
£
37,265
15,745
1,485
-
-
-
-
-
-
-
17,230
54,495		 (as restated)
Incoming
resources
£
288,117
-
-
10,290
3,500
12,514
3,830
200
200
1,262
31,796
319,913		 (as restated)
Resources
expended
£
(279,089)
-
-
(10,290)
(1,167)
-
(3,830)
(200)
(200)
(1,262)
(16,949)
(296,038)		 Balance at 31
August 2024
£
46,293
15,745
1,485
-
2,333
12,514
-
-
-
-
32,077
78,370

Page 22