OpenCharities

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2024-06-30-accounts

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CONTENTS
CONTENTS page
Trustees’ Annual Report 1 - 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10 - 18
The following pages do not form part of the statutory financial statements
DetailedIncomeandExpenditureAccount 19 - 21

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Objectives and activities

1

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Structure, governance and management

(a) (b) (c)

2

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Financial review

Going Concern

Reserves

3

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Plans for future periods

Public benefit disclosures

Administrative details

4

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Administrative details - continued

Trustees’ responsibilities in relation to the financial statements

5

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Declaration

6

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Sarah Wearing, FCA, DChA

7

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Unrestricted Restricted Total Total
Funds Funds 2024 2023
Notes £ £ £ £
2 70 4,500 4,570 3,891
3 30,118 - 30,118 27,977
4 7,322 - 7,322 6,723
37,510 4,500 42,010 38,591
6 5,252 - 5,252 6,671
6 36,129 4,500 4,500 40,629 42,929

The notes on pages 10 to 18 form part of these financial statements.

8

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(Registered charity numbers 1167021 & SC048913)

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Unrestricted Restricted Total Total
Notes Funds Funds 2024 2023
£ £ £ £
7,270 - 7,270
8 1,362 - 1,362
4,537 3,916 8,453
13,169 3,916 17,085
9 18,517 3,916 22,433
(5,348) - (5,348)
(5,348) - (5,348)
£ (5,348) £ - £ (5,348) £
10 (5,348) - (5,348)
10 - - -
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The notes on pages 10 to 18 form part of these financial statements.

Approved by the Trustees on 28 August 2024 and signed on their behalf by:

9

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10

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11

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12

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Unrestricted Restricted Total Total 2024 2023 £ £ £ £

Unrestricted Funds Unrestricted Funds
Total Total
2024 2023
£ £
Unrestricted Funds Unrestricted Funds
Total Total
2024 2023
£ £
£7,322 £6,723
2024 2023
£ £

13

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Trading cost of Staff Support Total Total sales costs costs 2024 2023 £ £ £ £ £

Unrestricted Restricted Total Total 2024 2023 £ £ £ £

Total Total 2024 2023 £ £ 11,688 £11,688 2024 2023

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Total Funds
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
703 - 703
227 - 227
432 - 432
£1,362 £ - £1,362
due within one year
Total Funds
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
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15

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Current year Balance at Balance at 1 July Income Expenditure Transfers 30 June Unrestricted funds (1,477) 37,510 (41,381) - (5,348) Restricted funds - - - The Baird Trust - 2,500 (2,500) - - Groups in Scotland - 2,000 (2,000) - - - 4,500 (4,500) - - £ (1,477) £ 42,010 £ (45,881) £- £ (5,348) Comparative year Balance at Balance at 1 July Income Expenditure Transfers 30 June

16

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Current year Fixed Current Current Total assets assets liabilities 2024 £ £ £ £ Unrestricted funds - 13,169 (18,517) Restricted funds - 3,916 (3,916) £ - £17,085 £ ( 22,433) Comparative year Fixed Current Current Total assets assets liabilities 2023 £ £ £ £

mainly music (Australia) Limited

mainly music International Trust

mainly music New Zealand Trust

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Total Total
Unrestricted Restricted Year ended Year ended
Funds Funds 30 June 2023 30 June 2022
£ £ £ £
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The following pages do not form part of the statutory financial statements

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2024 2023 Unrestricted Restricted Total Total £ £ £ £ INCOME Grants and donations Donations 70 - 70 Grants - 4,500 4,500 Total grants and donations 70 4,500 4,570

Membership

Total membership income

Sales of merchandise

Total sale of merchandise Other income Postage and handling Other income and Total other income

19

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2024 2023 Unrestricted Restricted Total Total £ £ £ £

Cost of sales

Staff costs Staff salaries Salary support office Staff expenses Staff training Total staff costs Support Costs Membership costs and service charges Membership expenses World Service Centre charges Total membership and service charges

20

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2024 2023
Unrestricted Restricted Total Total
£ £ £ £

Office and administration costs

Total office and administration costs

Governance costs

Total governance costs

21