## **Girls Rock London** (Registered charity, number 1170457) **Financial statements for the year ended 28 November 2020**
|**Page**|**Contents**|
|---|---|
|2 - 5|Trustees’ annual report|
|6|Independent examiner’s report|
|7|Receipts & payments account|
|8|Statement of assets & liabilities|
|9 - 10|Notes to the accounts|
## **Girls Rock London Trustees’ annual report for the year ended 28 November 2020**
**Full name** Girls Rock London
**Organisation type** Charitable incorporated organisation
**Registered charity number** 1170457
## **Principal address**
27 Speranza Street, London SE18 1NX
## **Trustees**
Daisy Swift, Chair Maria Turley, Secretary Roxanne Horton Lorna Gemmell Lowell Black Kate Hodson, until 1/5/20 Hanna Thomas, until 1/9/20
## **Independent examiner**
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The CIO Foundation is operated under the rules of its constitution adopted 29[th] November 2016.
## **Objectives and activities**
(1) To promote equality and diversity for the public benefit in particular for the benefit of women and girls who are participating or working in music creation and performance primarily in London but also in the rest of England by:
- (a) the elimination of discrimination on the grounds of gender; and by (b) advancing education and raising awareness of gender equality.
(2) To promote the art of music and to educate in the art of music for the public benefit in particular, but not exclusively, through the provision of (or supporting the provision of) music education activities for girls and women primarily in London but also in the rest of England, in order to increase the participation of women and girls in music creation and performance, and to build their confidence, self-esteem and musical abilities.
## **Summary of the main activities undertaken for the public benefit**
Our programmes are open to members of the public and have no entry criteria; on the contrary they are aimed at people who have no previous experience of musicmaking. Members of the public benefit from participating in our programmes by developing musical, social and personal skills, as well as through building new
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## **Girls Rock London**
friendships and relationships, and learning about careers and other pathways available in the music industry.
Audiences benefit from our programmes by being able to attend our public concerts at which they enjoy music performed and created by young and adult women, trans and non-binary people.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
## **Summary of the main achievements during the period**
Following the outbreak of the coronavirus pandemic, we were unable to hold our annual music camps for adults and youth, also having to cancel our six-month long planned programme with schools. Instead we developed a project, delivered between July and September 2020 in response to the challenges brought about by the pandemic. This was a postal and digital programme engaging 102 young people and 29 volunteers.
The aims of the project were to:
• support musical self-expression and creativity at home with a focus on well-being and promoting positive mental health and self-care;
- design resources that could be used by young people with limited or no access to privacy or digital spaces;
• provide positive activities for young people during the summer holidays to combat boredom and isolation.
All resources were provided completely free for young people participating in the project, with the option to donate.
Key Statistics - Young People 102 young people signed up for the programme:
- 47 were referred by partner organisations;
- 55 self-referred;
- 22 were alumni from previous programmes;
- 72% were young people living in London.
Partners
We engaged with new and existing partners who referred young people to the project.
They included:
- schools;
- social services including fostering support services;
- charities;
- youth and community groups;
- virtual schools;
- refugee and asylum-seeker support groups;
- councils.
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## **Girls Rock London**
Feedback from participants and their parents/carers:
‘The project has been sooooo fun and creative. My favourite part of it was the activities pack they sent out, it was really nice to have fun with all the little bits and bobs.’ (Participant).
‘I never thought I’d enjoy making music but GRL has shown me how great it is!’ (Participant).
‘I liked the playlists and how they kept in touch with us each week and gave us new things to do each time.’ (Participant).
‘I love what GRL is and its morals and values; I’ve never seen an organisation/program strive to be so inclusive. I’m literally in awe.’ (Participant).
‘Dear Girls Rock Team, I can't thank you enough for the fantastic work you are doing. Our daughter suffers from anxiety and panic attacks. Her confidence to meet young people is very low especially during lock down. She was very apprehensive to take part in the Zoom call but did manage it in the end. She was so happy after the event and would have liked to do it more. Her group had praised her art work and for days she kept mentioning how much it had meant to her.’ (Parent/carer).
’Thank you for making GRL happen this year. My daughter found it very exciting to receive the parcel and handbook and it gave her projects to focus on throughout the summer. I was particularly impressed that the parcel contained absolutely everything the participants might need, so nobody needed to find a pencil or sharpener or stamp or thread at home, I thought this embodied the inclusivity of GRL.’ (Parent/carer).
**The charity’s policy on reserves**
Girls Rock London has a written Reserves Policy, reviewed annually, which ensures a reserves fund is available in order to:
- cover unforeseen day to day operational costs;
- fund short-term deficits in a cash budget;
- fund planned commitments;
- meet our contracted financial obligations in the event that the charity is wound up.
Girls Rock London's reserve fund helps to reduce the risks associated with unplanned closure for beneficiaries, funders, staff, customers and stakeholders. It will be sufficient to maintain essential services for a period of three months in the event of unplanned closure.
At the end of the 2019/20 financial year, we held £12,112 in reserves. We were pleased to be able to finish the year with an additional £21,887 in unrestricted funds. From this figure we are going to add £3,000 to our reserves fund; we also have £13,999 of committed expenditure (see statement of liabilities) and the remainder will be reinvested in our next year of programming.
We are currently on target to reach our goal of holding reserves to support two full time staff by the end of 2022.
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## **Girls Rock London**
We would like to thank all of the generous individuals who have donated to Girls Rock London, as well the following grant-making bodies, without whom we could not do our work, for their support during this challenging year: Amplify London Arts Council England The Childhood Trust Samuel Gardner Memorial Trust Youth Music
We would also like to thank the following organisations for continuing to support our work through sponsorship: Marshall Roland Focusrite
## **Risks**
At the end of this financial year, we are aware that although we have finished the year relatively comfortably, challenging times lie ahead as a result of the ongoing negative impact of Covid-19. Particular risks that we face include the continued cancellation of programming, inability to raise funds from sources we have relied on in the past such as live music income and significant competition for and diversion of funds in general as a result of increased demand for charitable services brought about by the pandemic. That risk is, we feel, balanced by strong financial controls, a strategic focus on fundraising and income generation, careful stewardship leading to the building of reserves, and the planned development of our fundraising capacity.
Signed on behalf of the charity’s trustees:
Signed _____________________________________________ Date __________ 31/08/2021 Daisy Swift, Trustee
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## **Independent examiner’s report to the trustees of Girls Rock London for the year ended 28 November 2020**
I report to the trustees on my examination of the accounts of Group (the charity) for the year ended 28 November 2020.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
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.
Signed _________________________ Date ______________________ 20/9/2021 John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
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## **Girls Rock London Receipts & payments account for the year ended 28 November 2020**
|_2019_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
1270
Grants & donations
**2**
8435
34242
Individual giving
16824
-
Corporate giving
316
-
Community fundraising
3237
-
Gift aid
2817
535
Sales
852
15150
Programme & service fees
950
51197
**Total receipts**
**33431**
**Payments**
-
Wages, NI & pension
5902
-
Contractor costs
2656
-
Rent
200
27717
Office costs
506
-
Insurance
-
1270
Equipment and materials
762
-
Venue hire
170
-
Training and conferences
-
-
Transport
-
-
Food and refreshments
317
35847
Marketing and programming
419
-
Membership
120
-
Legal and compliance
988
3
Miscellaneous
200
64837
**Total payments**
**12240**
(13640)
**Net receipts/(payments)**
21191
25752
Cash funds at start of this period
12112
12112
**Cash funds at end of this period**
**33303**|**_2020_**
**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
35112
43547
5250
22074
-
316
-
3237
-
2817
-
852
-
950
**40362**
**73793**
7614
13516
9569
12225
200
400
963
1469
666
666
308
1070
-
170
225
225
60
60
5
322
210
629
-
120
-
988
-
200
**19820**
**32060**
20542
41733
-
12112
**20542**
**53845**|
|---|---|
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## **Girls Rock London Statement of assets and liabilities at 28 November 2020**
|_2019_|||**_2020_**|
|---|---|---|---|
|£|**Cash assets**|**Note**|**£**|
|12112|Bank accounts||53845|
|12112|||**53845**|
||**Other monetary assets**|||
|716|Debtors||-|
|716|||**-**|
||**Assets retained for the charity’s own use**|||
||General equipment.|||
||Total value of instruments owned at replacement cost is £11,249|||
||Reverb Bucks instrument vouchers at a value of £2,133|||
||**Liabilities**|||
|(869)|Creditors|**4**|(13399)|
|(869)|||**(13399)**|
These financial statements are accepted on behalf of the charity by:
Signed ___________________________________ Dated ___________ 6 Sept 2021 Maria Turley, Trustee
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## **Girls Rock London Notes to the accounts for the year ended 28 November 2020**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|Arts Council
Youth Music Foundation
Plus 1
Sundry grants & donations|**Unrestricted**
**£**
-
-
8435
-
**8435**|**Restricted**
**Total**
**£**
**£**
21132
21132
8480
8480
-
8435
5501
5501
**35113**
**43548**|
|---|---|---|
## **3. Funds analysis**
|**Restricted funds**
Adult
Youth
Core
**Unrestricted funds**
General|**Opening**
**balance**
**£**
-
-
-
**-**
12112
**12112**|**Receipts (Payments)**
**£**
**£**
13500
(1473)
12220
(8074)
14642
(10273)
**40362**
**(19820)**
33431
(12240)
**33431**
**(12240)**|**Closing**
**balance**
**£**
12027
4146
4369|
|---|---|---|---|
||||**20542**|
||||33303|
||||**33303**|
The Adult fund provides support, activities and events including music camps for adults.
The Youth fund provides support, activities and events including music camps for the local youth.
The Core fund contributes to additional staffing and running costs.
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## **Girls Rock London**
## **4. Creditors**
||**£**|
|---|---|
|Independent examination|660|
|HMRC|2809|
|Salaries|5990|
|Fees|3389|
|Storage|200|
|Summer project lists|351|
||**13399**|
## **5. Trustees’ remuneration**
Trustees received no expenses, remuneration or benefits in this period.
## **6. Related party transactions**
- There were no related party transactions during the year.
## **7. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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