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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 08401690 (England and Wales) REGISTERED CHARITY NUMBER: 1166241

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

JAZZ NORTH

JAZZ NORTH

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Page
Report of the Trustees 1 to 9
Independent Examiner's Report 10
Statement of Financial Actvites 11
Balance Sheet 12 to 13
Notes to the Financial Statements 14 to 21
Detailed Statement of Financial Actvites 22 to 23

JAZZ NORTH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The charity is a public benefit entity.

OBJECTIVES AND ACTIVITIES

Objectives and activities

The charity's purposes as set out in the objects section of the Memorandum and Articles of Association are:

Our vision:

Our ultimate aim is to see the north recognised both nationally and internationally as a leading talent hub for jazz.

Our mission:

Page 1

JAZZ NORTH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

SUMMARY OF THE MAIN ACTIVITIES

During the year to March 2023 Jazz North like many other arts organisations had to re-apply for their core funding to remain in Arts Council England's (ACE) National Portfolio. This was due to happen in 2022 but due to the pandemic the previous National Portfolio Organisation funding period was extended by a year. Jazz North was successful in its application and has been awarded standstill funding for the period 2023 - 2026. At the end of 2022 Debra King stepped down from the board of trustees. A campaign to recruit a new chair and trustees was very successful with the appointment of Aaron Casserly Stewart as the incoming chair. In addition three further trustees were appointed.

The main activities carried out in 2022/23 by Jazz North that gave rise to public benefit were focused on the following areas:

How our activities deliver public benefit

In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit, including the guidance on public benefit and fee charging. Jazz North relies on grants and the income from fees and charges to cover its operating costs.

In setting the levels of fees and other charges the Board and senior management is committed to ensuring that all activities are made available to those on low incomes through the provision of fair pricing and, where applicable, bursaries but balances this against the necessity to pay the musicians on our scheme a living wage, in line with the Musician Union's guidance 'Fair Pay for Fair Play'.

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Ensuring our work delivers our aims

We actively seek, and monitor, feedback from a variety of sources including external reviews, media mentions and social media communication and this is all fed into our internal evaluation systems. We are also in the process of strengthening and expanding our monitoring agreements with partners to ensure that they incorporate a wider range of information enabling us to evaluate the progress of programmes more effectively.

We have continued to strengthen our reporting procedures using the governance reporting calendar to ensure that the board is able to identify and mitigate risks and has a clear understanding of progress against KPIs. Progress towards objectives is considered at board meetings, an in-depth report on KPI's is produced annually and incorporated into the organisations risk analysis.

The Board reviews the aims, objectives and activities each year as part of the business planning cycle. This review looks at what the charity achieved and the outcomes of its work in the previous 12 months. The review helps the Board to ensure that the charity's aims, objectives and activities remain focused on its stated charitable purposes.

Page 2

JAZZ NORTH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

Promoting our work

The charity works to raise its public profile, with a view to supporting fundraising and public awareness of its activities.

A regular e-newsletter and social media communications are produced and managed centrally with additional digital materials relating to specific areas of work.

The charity fosters relationships with key partners including promoters, funders, education organisations and other arts organisations in order to develop new areas of work.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

During the year 2022/23 the company delivered the following activities:

Northern Artist Talent Development

6 Northern Line artists for Round 8 were inducted, and started to undertake their tours with the touring period for these artists running into 2023 / 24. Highlights were the Northern Line showcases at Hull Jazz Festival in Hull, and the London Jazz Festival both in November 2022. In addition we also recruited for Northern Line round 9, our 10th round of Northern Line.

We continued to support artists by promoting their shows on social media and in our newsletter.

In addition we supported individual artists with grant funding and career advice.

Finally we secured funding for and developed a new programme for 2023 24 called New Northern, a bursary for promoters to programme emerging Jazz artists. The first round will take place in summer 2023.

"The advice on funding that I've gotten has been empowering and inspiring. It helps me to visualise a longterm career in jazz." - Northern Line Artist

Sector Support

We continued to deliver online forums and drop ins for artists and promoters. We evolved the programme to incorporate specific, industry-focused workshops on topics such as marketing, live events, music publishing, digital distribution, PR, sync and the role of agents.

Online forums were strategically focused on target demographics for example, rural artists and grassroots promoters.

Throughout the year we reached 226 people averaging approximately 6 attendees per session.

Page 3

JAZZ NORTH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

Learning and Participation

During the year we increased capacity in Learning & Participation by redeploying Nigel Slee to be Head of Learning & Participation. In March 2023 we delivered Jazz Camp for Girls in 7 locations to over 100 young girls. The programme was successful in winning an award at the Parliamentary Jazz Awards - Jazz Education Award (to an educator or project for raising the standard of jazz education in the UK).

We retained the freelance project manager for the full year and were able to develop the pilot of the playlist project. This is a new project aimed at early years and focused on exposing very young people to Jazz music via spotify playlists. It was delivered at 6 primary schools to over 200 children.

"The children loved this project. They would actively ask to hear the music throughout the day and enjoyed singing along. They were excited when they recognised a song and enjoyed the activities. I felt the project helped them deeper understand the songs they listened to and see the complexities each had in a way we haven't done before. The live performances at the end were fantastic and brought the project to life. The kids enjoyed the music beyond just the music lesson. It was helpful in the background for certain activities particularly the quieter songs and livelier songs are better when they can move more and make more noise." - Tutor - Pilot Playlist Project

Page 4

JAZZ NORTH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

FINANCIAL REVIEW Financial position

Income

The total income from charitable activities and investment income for the year ending 31st March 2023 was £205,411 (2022: £201,611)

Expenditure

Total expenditure for the year ending 31st March 2023 was £195,569 (2022: £193,393).

Summary

There was a surplus of income over expenditure from charitable activities and investment income of 9,842 (2022: £9,218)

Fund Balances

As at 31 March 2023, the total funds were £71,416 (2022: £61,574). This is made up of £71,416 of general unrestricted funds and £nil of restricted funds.

Principal funding sources

As a national portfolio organisation, our core activities are supported by regular funding from Arts Council England. Other sources of income include earned income and trusts and foundations.

Reserves policy

The Board have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission and as at 31st March 2023 have built the level of reserves required to the equivalent of three months general operating costs plus projected redundancy costs. The unrestricted reserves of the company are intended to meet the risks and contingencies as follows:

Page 5

JAZZ NORTH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

PLANS FOR FUTURE PERIODS

Jazz North was successful in its application to continue as a National Portfolio Organisation, securing core funding for the period 2023 - 2026.

Jazz North activities over the next few years will be centred around the following three areas:

Artist Development

Children & Young People

The principal risk for Jazz North lies in its reliance on one funder, and therefore diversifying income streams to further expand on the above activities is a key aim over the coming years. The first stage of this was a rebranding exercise and new website which had the purpose of rearticulating Jazz North's mission and objectives. This was launched in autumn of 2023.

Page 6

JAZZ NORTH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

Jazz North is a company limited by guarantee, incorporated on 13 February 2013. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association, as amended by special resolution on 17 March 2016.

In the event of the company being wound up during the period of membership, or within one year afterwards, members are required to contribute an amount not exceeding £1.

The company is a registered charity (registration number 1166241).

Organisational structure

The governing body for Jazz North is the Board, whose members are non-executive and unpaid. They are directors of the company under the Companies Act and trustees under charity law. The Board of Jazz North gives strategic and policy direction for the Charity. The Charity employs a Chief Executive Officer and operational team to manage all day-to-day operational activities.

Jazz North currently employs 3.3 FTE. In addition we also have 0.6 FTE of freelancers delivering core activities.

The full Board held 4 ordinary meetings in the period and an annual general meeting.

Trustee selection methods

The company recognises the importance of recruiting board members who have the appropriate experience and skills to determine strategy, advise on artistic development and maintain financial stability. The board maintains a comprehensive skills profile of its membership and recruitment takes account of identified skills shortages. A review process is conducted on a regular basis to monitor the effectiveness of the board and relevant external training opportunities for trustees are brought to the attention of trustees by the Chief Executive.

Board members are appointed for a three-year term and may serve no more than two consecutive terms. To take account of this rotation of members, the board undertakes succession planning including an annual skills audit to ensure that recruitment is timely, fair and transparent.

When a vacancy occurs, the charity uses a combination of recruitment methods including advertising and personal recommendations from existing board members and senior management staff. Trustee candidates first meet informally with the Executive Director and the Chair of the Board. If both parties wish to proceed, the candidate is invited to observe a board meeting before being recommended to the board for membership. An induction pack and, where appropriate, training is provided for all newly appointed board members.

Page 7

JAZZ NORTH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

Induction and training of new trustees

Potential new trustees are invited to attend a trustees' meeting as observer prior to consenting to be put forward for appointment as a trustee. Once appointed, new trustees are provided with an induction pack which includes a copy of the Constitution, an outline of the charity's organisational structure with a description of trustees' roles and responsibilities, background information and internal documents relating to the principal activities of the charity. New trustees are supported during their induction by the Chair and Chief Executive and are paired with an existing trustee for additional support.

Risk management

The major risks to which the charity is exposed, as identified by the trustees, are reviewed and systems have been established to mitigate those risks including the maintenance and review of a comprehensive risk register. The trustees ensure that the management of risk is ongoing and embedded in management and operational procedures. Risk assessment and management is undertaken under the following areas:

Governance; Operations; Strategic; External factors; Compliance with laws and regulations (including charity and company law); Human resources; and Financial.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 08401690 (England and Wales)

Registered Charity number

1166241

Registered office

C/O Brosnans, Chartered Accountants Birkby House Birkby Lane Bailiff Bridge Brighouse West Yorkshire HD6 4JJ

Page 8

JAZZ NORTH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

Trustees

A A F Douglas (resigned 31.8.23) D T King (resigned 2.12.22) N R Dutton (resigned 2.9.22) P Y Alleyne-Hughes J S Beck J R M Jarman (resigned 21.6.22) D G Rollins (resigned 2.12.22) J K Tehan (resigned 2.9.22) C R Umney (appointed 21.6.22) A Casserly Stewart (appointed 2.12.22) S B Mellor (appointed 2.12.22) J H Thompson (appointed 2.12.22) R Wilson (appointed 2.12.22)

Independent Examiner Adam Brosnan FCA Brosnans Chartered Accountants Birkby House Bailiff Bridge Brighouse West Yorkshire HD6 4JJ

Bankers Unity Trust Bank 9 Brindley Place Birmingham B1 2HB

Chair of the Board of Trustees A C Stewart

Vice Chair of the Board of Trustees J S Beck

Chief Executive Officer Christopher Bye

Approved by order of the board of trustees on 21 November 2023 and signed on its behalf by:

J S Beck Trustee

Page 9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JAZZ NORTH

Independent examiner's report to the trustees of Jazz North ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

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

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Adam Brosnan FCA

Brosnans Chartered Accountants Birkby House Bailiff Bridge Brighouse West Yorkshire HD6 4JJ

23 November 2023

Page 10

JAZZ NORTH

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
fund
Notes
£
INCOME AND
ENDOWMENTS FROM
Donatons and legacies
2
550
Charitable actvites
4
Support and promoton of
jazz music
197,365
Investment income
3
-
Total
197,915
EXPENDITURE ON
Raising funds
-
Charitable actvites costs
Support and promoton of
jazz music
187,309
Total
187,309
NET
INCOME/(EXPENDITURE)
10,606
Transfers between funds
12
(764)
Net movement in funds
9,842
RECONCILIATION OF FUNDS
Total funds brought forward
61,574
TOTAL FUNDS CARRIED
FORWARD
71,416		 Designated
funds
£
-
-
-
-
-
-
-
-
-
-
-
-		 Restricted
funds
£
-
7,495
1
7,496
-
8,260
8,260
(764)
764
-
-
-		 2023
Total
funds
£
550
204,860
1
205,411
-
195,569
195,569
9,842
-
9,842
61,574
71,416		 2022
Total
funds
£
50
202,559
2
202,611
100
193,293
193,393
9,218
-
9,218
52,356
61,574

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 11

JAZZ NORTH

BALANCE SHEET 31 MARCH 2023

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
9
2,160
CURRENT ASSETS
Debtors
10
1,498
Cash at bank
101,504
103,002
CREDITORS
Amounts falling due within
one year
11
(33,746)
NET CURRENT ASSETS
69,256
TOTAL ASSETS LESS
CURRENT LIABILITIES
71,416
NET ASSETS
71,416
FUNDS
12
Unrestricted funds
TOTAL FUNDS		 Designated
funds
£
-
-
-
-
-
-
-
-		 Restricted
funds
£
-
-
-
-
-
-
-
-		 2023
Total
funds
£
2,160
1,498
101,504
103,002
(33,746)
69,256
71,416
71,416
71,416
71,416		 2022
Total
funds
£
1,836
1,595
81,672
83,267
(23,529)
59,738
61,574
61,574
61,574
61,574

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 12

JAZZ NORTH

BALANCE SHEET - continued 31 MARCH 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 21 November 2023 and were signed on its behalf by:

J S Beck Trustee

The notes form part of these financial statements

Page 13

JAZZ NORTH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

INCOME

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

EXPENDITURE

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Irrecoverable VAT is charged as a cost against the activity for which the cost was incurred.

TANGIBLE FIXED ASSETS

Tangible fixed assets with an acquisition cost of less than £500 are written off in full in the year of acquisition.

Tangible fixed assets with an acquisition cost of over £500 are depreciated using a suitable basis over their useful economic lives as follows:--

Office equipment - Over 3 years - straight line basis

TAXATION

The charity is exempt from corporation tax on its charitable activities.

FUND ACCOUNTING

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 14

JAZZ NORTH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES - continued

PENSION COSTS

The charitable company operates a workplace pension with NEST. The cost of providing pension benefits is charged to the SOFA on the basis of employer contributions accrued in the period.

DEBTORS

Trade and other debtors are recognised at the settlement amount due after any trade discount has been applied.

Prepayments are valued at the amount prepaid net of any trade discounts due.

CASH AT BANK AND IN HAND

Cash at bank and in hand includes cash and short term highly liquid investments with a maturity term of three months or less from the date of opening the account.

CREDITORS AND PROVISIONS

Creditors and provisions are recognised where the charity has a present obligation as a result of a past event, that will probably result in the transfer of funds to a third party, and the amount can be measured or estimated reliably.

FINANCIAL INSTRUMENTS

The charitable company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2. DONATIONS AND LEGACIES

Donatons
3.
INVESTMENT INCOME
Bank interest		 2023
£
550
2023
£
1		 2022
£
50
2022
£
2

continued...

Page 15

JAZZ NORTH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

4. INCOME FROM CHARITABLE ACTIVITIES

Actvity
Grants received
Support and promoton of jazz music
Promoter contributon
Support and promoton of jazz music
Other partnership and
earned income
Support and promoton of jazz music
Grants received, included in the above, are as follows:
ACE NPO funding
Martyn Donaldson Trust
Jazz Camp for Girls - PNT
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated afer charging/(creditng):
Depreciaton - owned assets		 2023
£
200,366
1,508
2,986
204,860
2023
£
193,496
500
6,370
200,366
2023
£
1,081		 2022
£
196,726
2,525
3,308
202,559
2022
£
193,496
-
3,230
196,726
2022
£
1,002

5. NET INCOME/(EXPENDITURE)

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

TRUSTEES' EXPENSES

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

continued...

Page 16

JAZZ NORTH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

7. STAFF COSTS

2023
£
Wages and salaries
112,282
Social security costs
4,573
Other pension costs
3,211
120,066
The average monthly number of employees during the year was as follows:
2023
Management and administratve
3
Creatve team
2
5		 2022
£
109,982
4,069
2,746		 2022
£
109,982
4,069
2,746
116,797
2022
2
2
4

No employees received emoluments in excess of £60,000.

The key management personnel of the charity comprise the Directors/Trustees and the Executive Director. The total employee benefits of the key management personnel were £32,744 (2022: £32,386).

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donatons and legacies
50
Charitable actvites
Support and promoton of jazz music
199,329
Investment income
2
Total
199,381
EXPENDITURE ON
Raising funds
100
Charitable actvites costs
Support and promoton of jazz music
190,063
Total
190,163
NET INCOME
9,218		 Designated
funds
£
-
-
-
-
-
-
-
-		 Restricted
funds
£
-
3,230
-
3,230
-
3,230
3,230
-		 Total
funds
£
50
202,559
2
202,611
100
193,293
193,393
9,218

continued...

Page 17

JAZZ NORTH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
RECONCILIATION OF FUNDS
Total funds brought forward
52,356
TOTAL FUNDS CARRIED FORWARD
61,574
9.
TANGIBLE FIXED ASSETS
COST
At 1 April 2022
Additons
Disposals
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income		 Designated
funds
£
-
-		 Restricted
Total
funds
funds
£
£
-
52,356
-
61,574
Ofce
equipment
£
3,005
2,104
(699)
4,410
1,169
1,081
2,250
2,160
1,836
2023
2022
£
£
595
950
903
645
1,498
1,595

continued...

Page 18

JAZZ NORTH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income		 2023
£
349
2,283
511
30,603
33,746		 2022
£
3,572
1,951
386
17,620
23,529

12. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Jazz Camp for Girls
TOTAL FUNDS		 Net
Transfers
movement
between
At 1.4.22
in funds
funds
£
£
£
61,574
10,606
(764)
-
(764)
764
61,574
9,842
-		 At
31.3.23
£
71,416
-
71,416

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Jazz Camp for Girls
TOTAL FUNDS		 Movement
Income
Expenditure
in funds
£
£
£
197,915
(187,309)
10,606
7,496
(8,260)
(764)
205,411
(195,569)
9,842

continued...

Page 19

JAZZ NORTH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
TOTAL FUNDS
Comparatve net movement in funds, included in the above
Unrestricted funds
General fund
Restricted funds
Jazz Camp for Girls
TOTAL FUNDS		 Net
movement
At
At 1.4.21
in funds
31.3.22
£
£
£
52,356
9,218
61,574
52,356
9,218
61,574
are as follows:
Movement
Income
Expenditure
in funds
£
£
£
199,381
(190,163)
9,218
3,230
(3,230)
-
202,611
(193,393)
9,218

FUNDS

The restricted funds relate to project funding received from PNT for the Jazz Camp for Girls.

continued...

Page 20

JAZZ NORTH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

13. RELATED PARTY DISCLOSURES

During the year the charitable company made the following related party transactions:

BlueJam Artspace - (J Jarman (trustee) is a director)

During the year, payments of £nil (2022: £400) were made to Blue Jam Arts for work on the Jazz Camp for Girls.

Manchester Jazz Festival - (S Mead (employee) is an employee)

During the year income of £40 (2022: £nil) was received from Manchester Jazz Festival.

14. LIABILITY OF MEMBERS

Jazz North is a company limited by guarantee and consequently does not have a share capital. Each of the members are required to contribute an amount of £1 towards the assets of the company in the event of its winding up.

Page 21

JAZZ NORTH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
INCOME AND ENDOWMENTS
Donatons and legacies
Donatons
Investment income
Bank interest
Charitable actvites
Grants received
Promoter contributon
Other partnership and earned income
Total income
EXPENDITURE
Raising donatons and legacies
Fundraising costs
Charitable actvites costs
Gross salaries
Social security
Employer pension costs
Interim management fees
Artst development costs
Sector & network development costs
Children and young people project costs
Digital programme delivery costs
Evaluaton
Support costs
Virtual ofce and administraton
Virtual ofce costs
Insurance
Telephone and broadband
Printng, postage and statonery
Carried forward		 2023
£
550
1
200,366
1,508
2,986
204,860
205,411
-
112,282
4,573
3,211
-
32,503
5,673
7,904
-
1,000
167,146
-
734
2,089
-
2,823		 2022
£
50
2
196,726
2,525
3,308		 2022
£
50
2
196,726
2,525
3,308
202,559
202,611
100
95,232
4,069
2,746
14,750
32,978
4,287
4,404
2,325
3,000
163,791
715
720
2,200
169
3,804
3,804

This page does not form part of the statutory financial statements

Page 22

JAZZ NORTH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Virtual ofce and administraton
Brought forward
Marketng and communicatons
Sundries
Finance costs and professional fees
Recruitment and HR costs
Accountancy and independent examinaton fees
Bookkeeping fees
Consultancy, legal and other professional fees
Bank charges
Plant and machinery depreciaton
Other support costs
Staf development
Ofce equipment
IT and digital subscriptons
Travel and meetng costs
Total expenditure
Net income		 2023
£
2,823
11,315
76
14,214
736
1,132
4,401
35
124
1,081
7,509
-
224
4,034
2,442
6,700
195,569
9,842		 2022
£
3,804
568
227
4,599
3,228
1,912
4,456
8,040
132
1,002
18,770
468
330
2,487
2,848
6,133
193,393
9,218

This page does not form part of the statutory financial statements

Page 23