**Charity Registration No. 1170231** ## **MUSIC SUPPORT UK** ## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2021** ## **MUSIC SUPPORT UK** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** Andrew Franks Matthew Thomas Hugh Gadsdon Anthony Cohen Rachael Lander James Kliffen (Appointed 1 March 2021) (Appointed 14 January 2021) **Charity number** 1170231 **Company number** CE008223 **Independent examiner** Core Resolutions LLP Churchill House 120 Bunns Lane London NW7 2AS ## **MUSIC SUPPORT UK** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 5| |Independent examiner's report|6| |Statement of financial activities|7| |Balance sheet|8| |Notes to the financial statements|9 - 15| ## **MUSIC SUPPORT UK** ## **TRUSTEES' REPORT** ## _**FOR THE YEAR ENDED 31 MARCH 2021**_ The trustees present their report and financial statements for the year ended 31 March 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "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)". ## **Objectives and activities** The charity's objects are : 1) To provide relief and support to any persons working in the UK music industry or in roles supporting the UK music industry suffering from mental, emotional and behavioural health disorders (including but not limited to alcohol and drug addiction) together with the family and colleagues of such persons, in particular by the provision of counselling and support. 2) To advance the education of the public in relation to mental, emotional and behavioural health disorders. There has been no change in these during the year. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. - 1 - ## **MUSIC SUPPORT UK** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **Achievements and performance** _**Introduction**_ 2020-21 has been and continues to remain one of the most challenging periods in the history of our industry. As a result of the Covid-19 pandemic, many of our industry peers in all occupations are facing loss of income, purpose, workplace community and connection. Social isolation and uncertainty have placed strain on families and relationships. The cumulative effect of these situations on the mental health of our peers and the potential to develop unhealthy relationships with or dependency on substances is significant. For those already affected, it’s potentially catastrophic. Similarly, the charitable sector has been hit hard by loss of funding income from businesses and that is likely to remain a challenging landscape for some time to come. At a time when industry workers are increasingly reaching out to Music Support for help with mental health and addiction problems there has been a real risk that the resources needed to respond to it will conversely disappear unless we continue to raise more funds to deliver vital services. Likewise, at a time where work in the fields of prevention and resilience is most needed, the struggle to provide these much-needed resources has been very real. Music Support has traditionally counted on core funding from sectors of the music industry that have been particularly badly hit during this period, such as those involved in the production of hundreds of live music events. This also had an operational impact on the charity in terms of us not being able to deliver service backstage at festivals or provide training face-to-face. Trustees took swift and decisive action to limit the damage, placing two staff on temporary furlough, making temporary cuts to salaries, increasing the frequency of its finance and governance meetings, and making an ongoing assessment of the charity’s viability. Music Support has not only been able to survive during this period, but we have been able to meet the growing need for our services and take advantage of opportunities to innovate and collaborate to provide our beneficiaries with relevant and accessible services both online and face-to-face. This is all testament to the resilience, hard work, and dedication of our staff team, volunteers, trustees, and funders, who I cannot thank enough for their commitment to improving the lives of industry peers affected by mental ill health and/or addiction. Overall, awareness of and demand for Music Support services continues to grow as our profile and reach extends across UK music and live events. ## **Services** ## _**Helpline**_ Over the last 12 months we have seen substantial growth in call volume and the severity of cases managed by our helpline team. Over 140 calls were received via our helpline, providing a confidential freephone support service whereby callers can speak to one of our trained industry peers. We were able to support and signpost callers to accredited and vetted residential and non-residential treatment pathways i.e. therapists, rehabilitation facilities, mutual aid groups and social prescribing. - 2 - ## **MUSIC SUPPORT UK** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## _**Mental Health First Aid**_ 114 participants completed Mental Health First Aid training online with Music Support. MHFA England courses are designed to equip learners with: - An in depth understanding of mental health and the factors that can affect wellbeing. - Practical skills to spot the triggers and signs of mental health issues. - Confidence to step in, reassure and support a person in distress. - Enhanced interpersonal skills such as non-judgemental listening. - Knowledge to help someone recover their health by guiding them to further support - whether that’s self-help resources, through their employer, the NHS, or a mix. ## _**Webinars and panels**_ We were able to host a number of webinars and panel discussion events featuring industry peers with lived experience in conversation talking about mental health and addiction. The purpose of this activity was to increase awareness, challenge stigmas and encourage those affected to access help and support. The content has reached over 4,000 viewers via various digital channels and our website. ## _**Support groups**_ 27 industry peers were able to participate in monthly online 12 Step Support Group meetings facilitated by Music Support. The purpose of meeting was to facilitate a safe, non-judgemental environment for peers to meet online, encourage one another, and remind one another that recovery is possible. Participants came to the meeting at different stages of their recovery journey – some visiting the meeting as part of their post-residential rehab aftercare plan and others celebrating milestones of sustained long-term recovery. ## _**Thrive app**_ In May 2020 we launched our Music Support version of Thrive app, an NHS approved wellbeing app with over 100 hours of content and tools to help with the prevention, detection, and management of stress, anxiety, and depression. 2804 industry peers have benefitted from using the app’s live coaching, CBT-based tools, and many seeking further support via signposting resources within the app. ## **Staffing changes** Georgina Levers, Advice and Information Manager, and Belinda Enthoven, Admin Manager and PA to Executive were both direct appoints replacing outgoing staff Joanne Croxford and Nicola Smith respectively. - 3 - ## **MUSIC SUPPORT UK** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **Financial review** The accounts for the year present the financial information from pages 7 to 13. During the year, Music Support UK raised funds of £275,874 (2020: £204,843) and incurred expenditure of £240,432 (2020: £219,995 ) which left a surplus of £35,442 (2020: deficit £15,152 ). The balance sheet on 31 March 2021 shows the net current assets of £61,446 (2020: £25,957). It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six-month's expenditure. Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. The company had restricted funds of £7,000 at 31/03/21. These were held in relation to Thrive app project, and Mental Health First Aid training. Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. ## **Fundraising** During the year, Music Support did not make use of any external consultants to undertake its fundraising activities. No data was shared with, or sold to, any external agencies. We did not undertake direct mail shots, send any unsolicited newsletters, or approach any vulnerable individuals to support our work. A complaints policy is in place, but we received no complaints during the year about any of our fundraising activities. ## **Structure, governance and management** The charity was registered on 17th November 2016 as a charitable incorporated organisation and is governed by a foundation constitution. The trustees who served during the year and up to the date of signature of the financial statements were: Andrew Franks Matthew Thomas Hugh Gadsdon Anthony Cohen Rachael Lander (Appointed 1 March 2021) James Kliffen (Appointed 14 January 2021) As set out in the constitution the maximum number of trustees is twelve and the minimum must be at least three. Apart from the first charity trustees, every trustee must be appointed for a term of three years. Trustees can offer themselves for re-election. When selecting individuals for appointment Music Support UK considers their skills, knowledge and experience. None of the trustees have any beneficial interest in the charity. The board of trustees are responsible for the oversight, governance and leadership of the charity. The charity is organised so that the full board of trustees meets six times a year, finance and governance committee meet fortnightly, and occasional sub-committee meetings are carried out as and when required. Trustees delegate much of the charity's operation to the chief executive, who is appointed and supervised by the board. The chief executive is responsible for the day-to-day management of the organisation and advises the board on operational matters. Newly appointed trustees receive written and verbal guidance from managing director and trustees about the responsibilities of their role and the objectives, structure and activities of the organisation. - 4 - ## **MUSIC SUPPORT UK** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ The trustees' r eport was approved by the b oard of trustees . ## **Matthew Thomas** Trustee Dated: 14 January 2022 - 5 - MUSIC SUPPORT UK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MUSIC SUPPORT UK I report to the trustees on my examlnation of Ihe finandal ststements of Music Support UK {the charityl for the year ended 31 March 2021. R•spon$lbllltl•s and ba81¥ of roport AS the Iruste&s of the chanty you are responsibte for the preparation of the financial statemènts in accordance vAlh the requirements of the Charitse8 Act 2011 Itle 2011 Acll. I mp¢yt in respect of my examinats'on tsf the chartty's finan¢lal stslemenls carrlèd oul under 8ecb.on 145 of the 2011 Act. In carylng out my examination I have folloKEd aN the applicable Directions given by the Chadty Commission under $e¢tyon 14515}Ibl of the 2011 Act 1nd•￿nd0nt •xamin•*i •tstsm•nt Your attenllon Is dra%M) lo the lact that the charity has prepared fin8ncial statement8 in 8ccordanc8 with Accounting and Reporting by Charities preparing their accoJnts in accordance wlh the Financial Reporting Standard applicable in the UK and Republic ol Ireland {FRS 1021 in preference to the Accounting and Reportlng by Charilre8'. Slalement ol Recommended PraGti¢e Isgued on l Apnl 2005 %thl¢h is refarred lo in the extant regulations bul has now been withdrawn. l understand that thi8 has been done in order for financlal slalements to provide a true and fair view in accordance wth Gonerany Accepted Accounting Practice effective lor reportlng periods beginnlng on or after 1 January 2015. I have completed my examlnauon. I confirm that no matters have come to my attention In Connectlon vllh the examination giving me cause lo believ& Ihal in any maleDal respect. gccounling records were not kept in respect of the Gh*iS as required by 8ection 130 of the 2011 Act., or the flnanclal ststemenls do not accord wth those record5', or the financial stalemenls do not compty wjth the applcablg requirements conLYmlng thè fonn and content ol accounts sel out in the Charities (Accounts and Reports) Regulats'ons 2008 olhei than any rgquir•menl that the a￿ount5 gtve a trn8 and fair view which 1$ not a matter con¥i(lered as part of an independent examination. I have nc concerns and have come across other matters In conneth.on vnlh the examinab.on lo vthich allenlion should be dfawn In Ihls report in order lo enable a yopei understanding of the financial statements lo be reached. Core ResolLFts'ons LLP Churchill Hou 120 Bunns Lane London NW7 2AS Dated.. 14 January 2022 ## **MUSIC SUPPORT UK** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2021**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**2**
171,782
69,500
Charitable activities
**3**
22,183
-
Investments
**4**
9
-
Other income
**5**
12,400
-
**Total income**
206,374
69,500
**Expenditure on:**
Raising funds
**6**
2,548
-
Charitable activities
**7**
175,384
62,500
**Total resources expended**
177,932
62,500
**Net income/(expenditure) for the year/**
**Net movement in funds**
28,442
7,000
Fund balances at 1 April 2020
27,801
-
**Fund balances at 31 March 2021**
56,243
7,000|**Total**Unrestricted
funds
**2021**
2020
**£**
**£**
241,282
191,214
22,183
13,595
9
34
12,400
-
275,874
204,843
2,548
2,350
237,884
217,645
240,432
219,995
35,442
(15,152)
27,801
42,953
63,243
27,801| |---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 7 - MUSIC SUPPORT UK BALANCE SHEET ASAT31 MARCH 2021 2021 2020 Not•• Flxod a880ts Tangible assots Curront assets D8btor8 Ca8h al bank and Sn hand 10 1,797 1,844 11 5.401 110.097 8,346 32,955 115,498 39,301 Cr•dFtors: amounts falling duo Thlthin on• y•4r 12 (54.052) 113,3441 N•1 current assets 61.448 25,957 Total a•••t• IM• curr•nt liabllltl•• 63,243 27.801 Incom• fvnd• Re51rfclad furK18 Unreslricled fund8. general 7.000 56.243 27,801 63,243 27.801 The Inanrljl ¥•teffyntg were apEwovèd by the Trustees on 14 January 2022 matth￿ Thorn88 Tru¥t•• Anthony Cohen Trust ## **MUSIC SUPPORT UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **1 Accounting policies** ## **Charity information** Music Support UK is a Charitable incorporated organisation. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 201 9 ). The charity is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 9 - ## **MUSIC SUPPORT UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **1 Accounting policies** ## **(Continued)** Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes. ## **1.5 Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the c harity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Plant and equipment 33% Straight line basis The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year. ## **1.7 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 ) . ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. - 10 - ## **MUSIC SUPPORT UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **1 Accounting policies** ## **(Continued)** ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **2 Donations and legacies** ||**Unrestricted**|**Restricted**|**Total**|Unrestricted| |---|---|---|---|---| ||**funds**|**funds**||funds| ||**general**|||general| ||**2021**|**2021**|**2021**|2020| ||**£**|**£**|**£**|£| |Donations and gifts|171,782|69,500|241,282|191,214| ## **Other** ## **3 Charitable activities** ||**Charitable**|**Charitable**| |---|---|---| ||**Income**|**Income**| ||**2021**|**2020**| ||**£**|**£**| |Other income|22,183|13,595| - 11 - ## **MUSIC SUPPORT UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **4 Investments** ||**Unrestricted**|Unrestricted| |---|---|---| ||**funds**|funds| ||**general**|general| ||**2021**|2020| ||**£**|£| |Interest receivable|9|34| |**Other income**||| ||**Unrestricted**|Total| ||**funds**|| ||**general**|| ||**2021**|2020| ||**£**|£| |Government grant income|12,400|-| ## **5 Other income** The total government grants received in the year amounted to £12,400. These were in relation to the coronavirus job retention scheme. ## **6 Raising funds** ||**Unrestricted**|Unrestricted| |---|---|---| ||**funds**|funds| ||**general**|general| ||**2021**|2020| ||**£**|£| |Fundraising and publicity||| |Other fundraising costs|2,548|2,350| ||2,548|2,350| - 12 - ## **MUSIC SUPPORT UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **7 Charitable activities** |**Administrative costs**
**Other costs**
**2021**
**2021**
**£**
**£**
Staff costs
152,403
-
Depreciation and impairment
2,489
-
Help line
3,418
-
Safe tents
-
-
Events
-
-
PR, marketing, advertising &
websites
1,345
-
Legal & professional
3,807
-
Office
7,826
-
Memberships & subscription
511
-
Bank charges
884
-
Workshop
2,701
-
Therapeutic software costs
-
62,500
175,384
62,500
175,384
62,500
**Analysis by fund**
Unrestricted funds - general
175,384
-
Restricted funds
-
62,500
175,384
62,500|**Total**
**2021**
**£**
152,403
2,489
3,418
-
-
1,345
3,807
7,826
511
884
2,701
62,500
237,884
237,884
175,384
62,500
237,884|**Total**
**2020**
**£**
150,297
2,077
13,854
11,208
209
9,268
6,290
16,868
465
612
6,497
-
217,645
217,645
217,645
-
217,645| |---|---|---| ## **8 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. - 13 - ## **MUSIC SUPPORT UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **9 Employees** ## **Number of employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
**10**
**Tangible fixed assets**
**Cost**
At 1 April 2020
Additions
At 31 March 2021
**Depreciation and impairment**
At 1 April 2020
Depreciation charged in the year
At 31 March 2021
**Carrying amount**
At 31 March 2021
At 31 March 2020
**11**
**Debtors**
**Amounts falling due within one year:**
Other debtors|**2021**
**2020**
**Number**
**Number**
4
4
**2021**
**2020**
**£**
**£**
135,229
142,954
**Plant and equipment**
**£**
6,293
2,442
8,735
4,449
2,489
6,938
1,797
1,844
**2021**
**2020**
**£**
**£**
5,401
6,346| |---|---| - 14 - ## **MUSIC SUPPORT UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ |**12**
**Creditors: amounts falling due within one year**
Other taxation and social security
Other creditors
Accruals and deferred income|**2021**
**£**
3,178
6,124
44,750
54,052|**2020**
**£**
4,608
7,836
900
13,344| |---|---|---| ## **13 Related party transactions** There were no related party transactions during the year. - 15 -