2020-07-31-accounts - Music In Mind CIO

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 09 2019 To 31 07 2020

Section A Reference and administration details

Charity name Music in Mind CIO Other names charity is known by Registered charity number (if any) 1169001 Charity's principal address 39 York Avenue Crosby Liverpool Postcode L23 5RN

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Alan Edward Penton	Chair
Dr Ade Taiwo
Mark Peter Murray
Mark Nankivell
















Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name		Dates acted if not for wholeyear

June 2021

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) Foundation Model How the charity is constituted (eg. trust, association, company) Appointed by the Chair of the trustees and the trustees. Trustee selection methods

(eg. trust, association, company)
(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

To promote the good health of the general public through the use of music and the arts.

Summary of the objects of the charity set out in its governing document

To advance the education of the public in the health benefits of music and the arts through educational workshops and performances.

June 2021

The main activities during the year were:

Hidden Voice Schools and Communities Project
Like a Butterfly- Community workshops, creative sessions and auditions.
Development of the ‘Behind Doors’ project in partnership with The Calico Group
Development of the ‘Voices of Reflection - The Lockdown Project ‘ in partnership with Regenda.
Continuation of the ‘Singing Makes You Happy’ dementia workshops with The Brain Charity.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The Hidden Voice dementia project continued to be a central focus for the charity through 2019 and 2020. A large scale schools and communities project began in the autumn of 2019 with 7 Wirral secondary schools engaging in a 6 week long creative project using music, dance, drama and spoken word to create performance pieces based on the themes within Hidden Voice. The project culminated in a highly successful performance at The Gladstone Theatre involving over 100 performers and musicians from the Royal Liverpool Philharmonic Orchestra. Music In Mind continued to liaise with Dame Evelyn Glennie and the American organisation Memory Bridge about a dementia awareness project for development on 2022. The early months of 2020 also saw the development of the ‘Like a Butterfly’ project that fuses dance and boxing to engage young people in the North West in dance and promote well being. The project was developed in partnership with Culture Warrington and involved community dancers, schools and the Warrington ABC and North Mersey amateur boxing clubs. A series of creative workshops between local dancers and boxers took place in the boxing gyms to explore the relationship between the movements in boxing and contemporary dance. The project was aiming to culminate in 3 public performances in Warrington and Liverpool in May and final auditions took place at Culture Warrington’s Pyramid Theatre on 15[th] February. Unfortunately, the project was postponed due to the Covid 19 outbreak and will be rescheduled for 2020. Although public workshops, performances and educational sessions had to be cancelled due to Covid 19, we were able to continue work on 2 projects during the lockdown period: The ‘Behind Doors’ project in partnership with The Calico Group, giving a voice to victims and perpetrators of domestic abuse and ‘Reflective Voices of Lockdown’. The filming sessions for ‘Behind Doors’ began in late 2019 at the SafeNet refuge and we were able to continue the creative work remotely during the lockdown period. A public performance was prepared for live stream in October of 2020. The ‘Reflective Voices of Lockdown’ was a commission from Regenda Homes with funding from Arts Council England to create a multimedia opera based on a range of voices affected by the pandemic. The project began with 4 months of online interviews with 90 people from across the North West to capture a broad range of experiences during the pandemic. The work was due to be premiered at the ‘Good Business Festival’ in October 2020 and will now be performed as part of the Good Business festival events in July 2020.

June 2021

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

June 2021

Section D Achievements and performance

The charity continued to engage in a range of projects that used music Summary of the main and the arts to raise awareness and educate the public about key issues achievements of the charity in society. The Hidden Voice dementia project continued to be a focus during the year and the engagement with the Calico Group expanded the charity’s work into the field of domestic abuse.

The Covid 19 pandemic had both an adverse and a positive effect. We were forced to suspend all the live performance and educational work from the beginning of the lockdown in March, including the ‘Like a Butterfly’ project, however we were able to use the pandemic to develop a project in partnership with the Regenda Group to give a voice to a wide range of issues related to the lockdown including inequality and mental health.

Section E Financial review

June 2021

Unrestricted funds can be used in accordance with the charitable Brief statement of the objectives at the discretion of the trustees. charity’s policy on reserves 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. Details of any funds materially There are no funds materially in deficit. in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

All of the projects follow a community engagement model in support of the Music In Mind charitable aims.

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) John James McHugh Full name(s) Alan Edward Penton Position (eg Secretary, Chair, Chair of Trustees. Secretary etc) Date 04/06/2021

June 2021

REGISTERED CHARITY NUMBER: 1169001

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 July 2020

for

Music in Mind CIO

Dufton Kellner Limited Chartered Accountants Barnston House Beacon Lane Heswall Wirral Merseyside CH60 0EE

Music in Mind CIO

Contents of the Financial Statements for the Year Ended 31 July 2020

		Page
Report of the Trustees	1	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Statement of Financial Position		6
Notes to the Financial Statements	7	to	9
Detailed Statement of Financial Activities		10

Music in Mind CIO

Report of the Trustees

for the Year Ended 31 July 2020

The trustees present their report with the financial statements of the charity for the year ending 31 July 2020 which have been prepared on a receipts and payments basis under sections 132-166 of the Charities Act 2011.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the CIO are:-

To promote and protect the good health of the general public through the use of music and the arts.

To advance the education of the public in the health benefits of music and the arts through educational workshops and performances.

Public benefit

The trustees are meeting their public benefit requirement by ensuring the general public benefit from any performances that take place and any workshops that take place are accessible by all.

ACHIEVEMENT AND PERFORMANCE Charitable activities

The main activities during the year were:

Hidden Voice Schools and Communities Project
Like a Butterfly- Community workshops, creative sessions and auditions.
Development of the 'Behind Doors' project in partnership with The Calico Group
Development of the 'Reflective Voices of Lockdown' project in partnership with Regenda
Continuation of the 'Singing Makes You Happy' dementia workshops with The Brain Charity

The early months of 2020 also saw the development of the 'Like a Butterfly' project that fuses dance and boxing to engage young people in the North West in dance and promote well being. The project was developed in partnership with Culture Warrington and involved community dancers, schools and the Warrington ABC and North Mersey amateur boxing clubs. A series of creative workshops between local dancers and boxers took place in the boxing gyms to explore the relationship between the movements in boxing and contemporary dance. The project was aiming to culminate in 3 public performances in Warrington and Liverpool in May and final auditions took place at Culture Warrington's Pyramid Theatre on 15th February. Unfortunately, the project was postponed due to the Covid 19 outbreak and will be rescheduled for 2020.

Although public workshops, performances and educational sessions had to be cancelled due to Covid 19, we were able to continue work on 2 projects during the lockdown period: The 'Behind Doors' project in partnership with The Calico Group, giving a voice to victims and perpetrators of domestic abuse and 'Reflective Voices of Lockdown'. The filming sessions for 'Behind Doors' began in late 2019 at the SafeNet refuge and we were able to continue the creative work remotely during the lockdown period. A public performance was prepared for live stream in October of 2020. The 'Reflective Voices of Lockdown' was a commission from Regenda Homes with funding from Arts Council England to create a multimedia opera based on a range of voices affected by the pandemic. The project began with 4 months of online interviews with 90 people from across the North West to capture a broad range of experiences during the pandemic. The work was due to be premiered at the 'Good Business Festival' in October 2020 and will now be performed as part of the Good Business festival events in July 2021

The trustees have carefully considered and approved all the activities during the year through regular meetings the Board of Trustees.

Page 1

Music in Mind CIO

for the Year Ended 31 July 2020

Report of the Trustees

FINANCIAL REVIEW

Financial position

The charity has been successful in securing funding from a number of sources including the Arts Council National Lottery Project Grants for both "Like a Butterfly" and "My Space". Income has also been generated from running events.

At the year end bank reserves amounted to £42,491.

Reserves policy

The charity does not have a policy on reserves, however all income and property of the CIO must be applied solely towards the promotion of the objects.

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.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a constitution of a Charitable Incorporated Organisation, dated 30th August 2016 and amended on 1st July 2017.

Recruitment and appointment of new trustees

There must be at least two charity trustees and they must be a natural person aged 16 or over.

No one is entitled to act as a charity trustee whether on appointment or on any re-appointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee.

At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act to call a meeting of the charity trustees, or appoint a new charity trustee.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1169001

Principal address

39 York Avenue Crosby Liverpool L23 5RN

Trustees

A E Pennton M Nankivell Dr A Taiwo M P R Murray

Independent Examiner

Stuart Kellner FCA Dufton Kellner Limited Chartered Accountants Barnston House Beacon Lane Heswall Wirral Merseyside CH60 0EE

Page 2

Music in Mind CIO

Report of the Trustees for the Year Ended 31 July 2020

Approved by order of the board of trustees on 28 May 2021 and signed on its behalf by:

M P R Murray - Trustee

Page 3

Independent Examiner's Report to the Trustees of Music in Mind CIO

Independent examiner's report to the trustees of Music in Mind CIO

I report to the charity trustees on my examination of the accounts of Music in Mind CIO (the Trust) for the year ended 31 July 2020.

Responsibilities and basis of report

As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable 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.

Stuart Kellner FCA Dufton Kellner Limited Chartered Accountants Barnston House Beacon Lane Heswall Wirral Merseyside CH60 0EE

1 June 2021

Page 4

Music in Mind CIO

Statement of Financial Activities for the Year Ended 31 July 2020

		31.7.20	31.7.19
		Unrestricted	Total
		fund	funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies		35,173	65,004
EXPENDITURE ON
Raising funds		2,320	6,783
Charitable activities
General		17,695	59,394
Total		20,015	66,177
NET INCOME/(EXPENDITURE)		15,158	(1,173)
RECONCILIATION OF FUNDS
Total funds brought forward		27,333	28,506
TOTAL FUNDS CARRIED FORWARD		42,491	27,333

The notes form part of these financial statements

Page 5

Music in Mind CIO

Statement of Financial Position

31 July 2020

		31.7.20	31.7.19
		Unrestricted	Total
		fund	funds
	Notes	£	£
CURRENT ASSETS
Cash at bank		42,491	27,333
NET CURRENT ASSETS		42,491	27,333
TOTAL ASSETS LESS CURRENT
LIABILITIES		42,491	27,333
NET ASSETS		42,491	27,333
FUNDS	5
Unrestricted funds		42,491	27,333
TOTAL FUNDS		42,491	27,333

The financial statements were approved by the Board of Trustees and authorised for issue on 28 May 2021 and were signed on its behalf by:

M P R Murray - Trustee

The notes form part of these financial statements

Page 6

Music in Mind CIO

Notes to the Financial Statements

for the Year Ended 31 July 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity have been prepared on a receipts and payments basis under sections 132-166 of the Charities Act 2011.

Income

All income is recognised in the Statement of Financial Activities once the charity is in receipt of the funds.

Expenditure

Expenditure is accounted for in the period in which it is paid 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.

Taxation

The charity is exempt from 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.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2020 nor for the year ended 31 July 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2020 nor for the year ended 31 July 2019.

3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

	Unrestricted
	fund
	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	65,004
EXPENDITURE ON
Raising funds	6,783
Charitable activities
General	59,394
Total	66,177
NET INCOME/(EXPENDITURE)	(1,173)
RECONCILIATION OF FUNDS
Total funds brought forward	28,506

continued...

Page 7

Music in Mind CIO

Notes to the Financial Statements - continued for the Year Ended 31 July 2020

3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

	Unrestricted
	fund
	£
TOTAL FUNDS CARRIED FORWARD	27,333

4. INDEPENDENT EXAMINERS REMUNERATION

The independent examination fee was £3,600, including VAT, for the year. The annual fee is £1,800, but two years fees were paid during the year.

5. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
		Net
		movement	At
	At 1.8.19	in funds	31.7.20
	£	£	£
Unrestricted funds
General fund	27,333	15,158	42,491
TOTAL FUNDS	27,333	15,158	42,491
Net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	35,173	(20,015)	15,158
TOTAL FUNDS	35,173	(20,015)	15,158
Comparatives for movement in funds
		Net
		movement	At
	At 1.8.18	in funds	31.7.19
	£	£	£
Unrestricted funds
General fund	28,506	(1,173)	27,333
TOTAL FUNDS	28,506	(1,173)	27,333

continued...

Page 8

Music in Mind CIO

Notes to the Financial Statements - continued for the Year Ended 31 July 2020

5. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	65,004	(66,177)	(1,173)
TOTAL FUNDS	65,004	(66,177)	(1,173)

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement	At
	At 1.8.18	in funds	31.7.20
	£	£	£
Unrestricted funds
General fund	28,506	13,985	42,491
TOTAL FUNDS	28,506	13,985	42,491

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	100,177	(86,192)	13,985
TOTAL FUNDS	100,177	(86,192)	13,985

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2020.

Page 9

Music in Mind CIO

Detailed Statement of Financial Activities for the Year Ended 31 July 2020

Detailed Statement of Financial Activities for the Year Ended 31 July 2020
	31.7.20	31.7.19
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations	3,706	5,004
Grants	31,467	60,000
	35,173	65,004
Total incoming resources	35,173	65,004
EXPENDITURE
Raising donations and legacies
Marketing & advertising	2,320	6,783
Charitable activities
Musicians	5,435	8,335
Promotional film costs	4,000	6,120
Promotional activities	319	4,541
Website costs	1,695	-
Equipment	440	440
Event management costs	-	19,100
Event costs	1,152	15,884
Professional fees	-	2,620
	13,041	57,040
Support costs
Management
Insurance	273	262
Postage and stationery	121	292
Sundry expenses	80	-
	474	554
Finance
Bank charges	5	-
Governance costs
Independent examination fee	3,600	1,800
Trustees meetings	575	-
	4,175	1,800
Total resources expended	20,015	66,177
Net income/(expenditure)	15,158	(1,173)

This page does not form part of the statutory financial statements

Page 10

REGISTERED CHARITY NUMBER: 1169001

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 July 2020

for

Music in Mind CIO

Dufton Kellner Limited Chartered Accountants Barnston House Beacon Lane Heswall Wirral Merseyside CH60 0EE

Music in Mind CIO

Contents of the Financial Statements for the Year Ended 31 July 2020

		Page
Report of the Trustees	1	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Statement of Financial Position		6
Notes to the Financial Statements	7	to	9
Detailed Statement of Financial Activities		10

Music in Mind CIO

Report of the Trustees

for the Year Ended 31 July 2020

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the CIO are:-

To promote and protect the good health of the general public through the use of music and the arts.

To advance the education of the public in the health benefits of music and the arts through educational workshops and performances.

Public benefit

The trustees are meeting their public benefit requirement by ensuring the general public benefit from any performances that take place and any workshops that take place are accessible by all.

ACHIEVEMENT AND PERFORMANCE Charitable activities

The main activities during the year were:

Hidden Voice Schools and Communities Project
Like a Butterfly- Community workshops, creative sessions and auditions.
Development of the 'Behind Doors' project in partnership with The Calico Group
Development of the 'Reflective Voices of Lockdown' project in partnership with Regenda
Continuation of the 'Singing Makes You Happy' dementia workshops with The Brain Charity

The trustees have carefully considered and approved all the activities during the year through regular meetings the Board of Trustees.

Page 1

Music in Mind CIO

for the Year Ended 31 July 2020

Report of the Trustees

FINANCIAL REVIEW

Financial position

At the year end bank reserves amounted to £42,491.

Reserves policy

The charity does not have a policy on reserves, however all income and property of the CIO must be applied solely towards the promotion of the objects.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a constitution of a Charitable Incorporated Organisation, dated 30th August 2016 and amended on 1st July 2017.

Recruitment and appointment of new trustees

There must be at least two charity trustees and they must be a natural person aged 16 or over.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1169001

Principal address

39 York Avenue Crosby Liverpool L23 5RN

Trustees

A E Pennton M Nankivell Dr A Taiwo M P R Murray

Independent Examiner

Stuart Kellner FCA Dufton Kellner Limited Chartered Accountants Barnston House Beacon Lane Heswall Wirral Merseyside CH60 0EE

Page 2

Music in Mind CIO

Report of the Trustees for the Year Ended 31 July 2020

Approved by order of the board of trustees on 28 May 2021 and signed on its behalf by:

M P R Murray - Trustee

Page 3

Independent Examiner's Report to the Trustees of Music in Mind CIO

Independent examiner's report to the trustees of Music in Mind CIO

I report to the charity trustees on my examination of the accounts of Music in Mind CIO (the Trust) for the year ended 31 July 2020.

Responsibilities and basis of report

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

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable 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.

Stuart Kellner FCA Dufton Kellner Limited Chartered Accountants Barnston House Beacon Lane Heswall Wirral Merseyside CH60 0EE

1 June 2021

Page 4

Music in Mind CIO

Statement of Financial Activities for the Year Ended 31 July 2020

		31.7.20	31.7.19
		Unrestricted	Total
		fund	funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies		35,173	65,004
EXPENDITURE ON
Raising funds		2,320	6,783
Charitable activities
General		17,695	59,394
Total		20,015	66,177
NET INCOME/(EXPENDITURE)		15,158	(1,173)
RECONCILIATION OF FUNDS
Total funds brought forward		27,333	28,506
TOTAL FUNDS CARRIED FORWARD		42,491	27,333

The notes form part of these financial statements

Page 5

Music in Mind CIO

Statement of Financial Position

31 July 2020

		31.7.20	31.7.19
		Unrestricted	Total
		fund	funds
	Notes	£	£
CURRENT ASSETS
Cash at bank		42,491	27,333
NET CURRENT ASSETS		42,491	27,333
TOTAL ASSETS LESS CURRENT
LIABILITIES		42,491	27,333
NET ASSETS		42,491	27,333
FUNDS	5
Unrestricted funds		42,491	27,333
TOTAL FUNDS		42,491	27,333

The financial statements were approved by the Board of Trustees and authorised for issue on 28 May 2021 and were signed on its behalf by:

M P R Murray - Trustee

The notes form part of these financial statements

Page 6

Music in Mind CIO

Notes to the Financial Statements

for the Year Ended 31 July 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity have been prepared on a receipts and payments basis under sections 132-166 of the Charities Act 2011.

Income

All income is recognised in the Statement of Financial Activities once the charity is in receipt of the funds.

Expenditure

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

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

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

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2020 nor for the year ended 31 July 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2020 nor for the year ended 31 July 2019.

3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

	Unrestricted
	fund
	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	65,004
EXPENDITURE ON
Raising funds	6,783
Charitable activities
General	59,394
Total	66,177
NET INCOME/(EXPENDITURE)	(1,173)
RECONCILIATION OF FUNDS
Total funds brought forward	28,506

continued...

Page 7

Music in Mind CIO

Notes to the Financial Statements - continued for the Year Ended 31 July 2020

3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

	Unrestricted
	fund
	£
TOTAL FUNDS CARRIED FORWARD	27,333

4. INDEPENDENT EXAMINERS REMUNERATION

The independent examination fee was £3,600, including VAT, for the year. The annual fee is £1,800, but two years fees were paid during the year.

5. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
		Net
		movement	At
	At 1.8.19	in funds	31.7.20
	£	£	£
Unrestricted funds
General fund	27,333	15,158	42,491
TOTAL FUNDS	27,333	15,158	42,491
Net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	35,173	(20,015)	15,158
TOTAL FUNDS	35,173	(20,015)	15,158
Comparatives for movement in funds
		Net
		movement	At
	At 1.8.18	in funds	31.7.19
	£	£	£
Unrestricted funds
General fund	28,506	(1,173)	27,333
TOTAL FUNDS	28,506	(1,173)	27,333

continued...

Page 8

Music in Mind CIO

Notes to the Financial Statements - continued for the Year Ended 31 July 2020

5. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	65,004	(66,177)	(1,173)
TOTAL FUNDS	65,004	(66,177)	(1,173)

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement	At
	At 1.8.18	in funds	31.7.20
	£	£	£
Unrestricted funds
General fund	28,506	13,985	42,491
TOTAL FUNDS	28,506	13,985	42,491

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	100,177	(86,192)	13,985
TOTAL FUNDS	100,177	(86,192)	13,985

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2020.

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Music in Mind CIO

Detailed Statement of Financial Activities for the Year Ended 31 July 2020

Detailed Statement of Financial Activities for the Year Ended 31 July 2020
	31.7.20	31.7.19
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations	3,706	5,004
Grants	31,467	60,000
	35,173	65,004
Total incoming resources	35,173	65,004
EXPENDITURE
Raising donations and legacies
Marketing & advertising	2,320	6,783
Charitable activities
Musicians	5,435	8,335
Promotional film costs	4,000	6,120
Promotional activities	319	4,541
Website costs	1,695	-
Equipment	440	440
Event management costs	-	19,100
Event costs	1,152	15,884
Professional fees	-	2,620
	13,041	57,040
Support costs
Management
Insurance	273	262
Postage and stationery	121	292
Sundry expenses	80	-
	474	554
Finance
Bank charges	5	-
Governance costs
Independent examination fee	3,600	1,800
Trustees meetings	575	-
	4,175	1,800
Total resources expended	20,015	66,177
Net income/(expenditure)	15,158	(1,173)

This page does not form part of the statutory financial statements

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