Music and Arts for the Shepway Community
Charitable Incorporated Organisation
Registered Charity Number 1170602
Trustees Report and Accounts
for the year ended
31 August 2024

Music And Arts for the Shepway Community
CIO Registered Number 1170602
Trustees Report and Accounts
for the year ended: 31" August 2024
Contents
Charity Information
Sntroduction
Organlsatlon
Objectlves and actlvltle5
Achievements and Perforniance
Financial Revlew
Independent examlner's report on the acmunts
Statement of Flnanclal Artmtles
Balan￿ Sheet
Notes to the accounts

Music And Arts for the Shepway Community
CIO Registered Number 1170602
Trustees Report and Accounts
for the year ended: 31" August 2024
Charity Infonnation
Address
Ridgewood
North Lyminge Lane
Lyminge
Folkestone
Kent
CT18 8EE
Bankers
HSBC
Ashford
Accountsnt
Anderson Accounts Ltd
Mill Meadow
Tanners Hill
Hythe
Kent
215UG

Music And Arts for the Shepwdy Community
CIO Registered Number 1170602
Trustees Report and Accounts
for the year ended: 31" August 2024
Introduction
The trustees present their report and financial statement for the year ending 31" August
2024. This report is presented in accordance with the Charities SORP (Ststement of
Recommended Practice) for FRS 102 which became effective l January 2015.
The Charity is a Charitable Incorporated Organisation (ao). It was established on
December 2016 to take forward the activities of the registered company, Guildhall Sports
and Arts CIC Iregistration number 07376827) after independent advice around funding
possibilities and gift aid.
Organisation
The trustees 3re:_
Linda Harris Ichair)
John Garlinge (treasurer)
Tracey Lynn Walker (appointed 01 January 2024)
Oletha Lai (appointed 05 February 2024)
Samantha Wr3ight (resigned De￿mber 2023)
Felictty Shemoon (appointed 05 February 2024, resigned in July 2024)
The Members of the CIO are indtviduals who undertake to act in good faith to further the
purposes of the CIO. The affairs of the CIO are managed by the Charity Trustees.
Objectives and activities
The objective5 of the organisation are to provide arts serrfices within the Folkestone and
Hythe district, primarily focussed on four key demographics- the elderly, children, the
disabled and anyone in social or economic deprivation. Where possible, all activities are
provided free of charge although donations are encouraged to fund these activities.
Achievements and Performance
In the 2019-20 financial year. the MASC Board set an objective to build the reserves pot up
to a level that, together with contributions from tts members, would fund the charity for 12
months in the event that external funding could not be obtained. This objective was
achieved bythe end of that financial year. This pot will only be spent in the event of an
emergency.

The charity is still in a strong position with annual expenditure in 2022-23 being £36,300 and
the charity having over £27,lJ)O available in cash.
Financial Review
Year on year income has reduced slightly from £33,087 to £24,850, a decrease of 25%. The
reduction is due to a larger one-off donation in the previous year, a reduttion in grant
income, and gift aid not having been claimed during the 2023-24 financial year.
After all costs have been taken into account, there was a deficit of £11.455 compared to a
deficit of £4,932 in the previous financial year.
Going Concern
Despite the deficit, it is felt that the CIO is still in a strong position. Due to this, the trustees
have no concerns about the entity as a going concern.
igne
John Garlinge
Trustee
Date:

Music And Arts for the Shepvrdy Community
CIO Registered Number 1170602
Trustees Report and Accounts
for the year ended: 31° August 2024
Independent examiner's report on the accounts
Report to the trustees of Music and Arts for the Shepway Community on the accounts for
the year ended 31st August 2024 set out on pages 7 to 10.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the comp3ny for the purposes of company law)
are responsible for the preparation of the accounts in accordance with the requirements of
the Companies Act 20061"the 2006 Act"). The charity's trustees consider that an audit is not
required for this year under Part 16 of the 2006 Act and that an independent examination is
needed.
It is my responsibility to". examine the accounts under section 145 of the Act, to follow the
procedures laid down in the general Directions given by the Charity Commission {under
section 14515){b) of the Charities Act, and to state whether particular matters have come to
my attention.
Basis of independent examinerfs statement
My examination was carried out in accordance with generdl Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts, and seeking explanations
from the trustees concerning any such matters. The procedures undertaken do not provide
all the evidence that would be required in an audit. and consequently no opinion is given as
to whether the accounts present a 'true and fair, view and the report is limited to those
matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which
gives me cause to believe that in, any material respect:
accounting records were not kept in accordance with section 386 of the Companies Act
2006" or
the accounts do not accord with such records; or
the accounts do not comply with relevant accounting requirements under section 396 of
the Companies Act 2006 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
•the accounts have not been prepared in accordance wlth the Charities SORP {FRS102).
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
understandin8 of the accounts to be reached.
Signed:
Date: è&/e(*/x r
Ben Weiner ACMA CGMA
Address:
FLAr io WÉSS£￿ ts4TÈ
66 /rfsktllLAWS£ QOA
£Gi¥ 2AItr

Music And Arts for the Shepway Community
CIO Registered Number 1170602
Trustees Report and Accounts
for the year ended: 31" August 2024
Statement of Financial Activities
Note
2024
Incoming resource5
Non*xchange transattions
Exchange transartions
Totsi incoming resources
2023
18.266
6,584
24.850
25,965
7,122
33.087
Resources expended
Dirert charitable expenditure
Administrative expenses
Total resources expended
(32,854) (31,933)
{3,451) (4,154)
(36,305) (36,087)
Surplus/ldeficit) for the year
Brought fonuard from previous year
Carried forward 31" Au8USt 2023
{11,455) (3,0001
40,577
43,577
29.122
40,577

Music And Arts for the Shepvray Community
CIO Registered Number 1170602
Trustees Report and Accounts
for the year ended: 31" August 2024
Balance Sheet
Notes
2024
2023
Fixed Assets
1.316
1,994
Current Assets
Stock
Debtors
Cash at bank and in hand
1,500
1,500
265
42,903
44,669
29,236
Credltors: amounts fallln8
due wlthln one year
{1,430)
16,086)
Net current assets
27,806
38,583
Credltors: amounts falllng
due after one year
Net assets
40,577
Charlty Funds
Unrestricted Funds
29,122
40,577
Total Charlty Funds
29,122
Notes I to 8 form part ol these accounts.
Accounts approved by trustees
J Garlinge
Date-.

Music And Arts for the Shepway Community
CIO Registered Number 1170602
Trustees Report and Accounts
for the year ended: 31. August 2024
Notes to the accounts
Accountlng Pollcles
Basls of preparatlon
The accounts have been prepared under the historical cost convention and in accordance
wf(h the Charities SORP for FRS 102 which carne into effect on 1 January 2015. The
company has opted to report on a receipts and payments basis.
7bmover
Tumover on sales is recognised when the sales activity h&8 been completed or a donation
has been received.
InGomlng re8ouree8
Non-exchange tran8actlon8
. 2023
Donatsons from clients
Grants
Other donations
Sponsorship / SFrf)nscth evw
Glft ald inGorne
12,745
5,075
98
347
11,760
7,096
3,246
365
3,498
Exchange transactions
2028
Income from concerts
Sales to Gustomers
Special events proceeds
Interest Received
3.078
3,831
2,920
586
2,990
301
7,122

Resources Expended
Direct charitsble expen(ffture
2024
2023
Practitioners
Special events costs
VenLte hire
Unrforms
Other direct costs
24,410
1,203
4.787
2.200
254
20.710
975
9,391
732
125
31.933
Administrative expenses
Bank charges
Insurance
Software
Printing costs
Depreciation
Website
Entertainment
Admin fees
Accountancy fees
Other Gosts
95
607
468
406
1.136
97
126
607
1,054
566
1.132
22
350
270
3.451
300
316
4,154
Charlty lunds
2024
2023
Brought foNard from previous financial year
Surplusl(deficit for the yea
40,577
11.455
29.122
43,577
3,000
40.577
Debtors
Trade debtor5
Gift aid reclaim due from HMRC
265
io

Creditors: amounts falling due within 1 year
2024
2023
Trade fftditors
Deferred sponsorship income
Grant
Other credrtors and accruals
1,430
6,086
6.086
Credltors: amounts falling due within 1 year
2023
Deferred Income relating to grant ft)r funding
fixed assets - will be offset agaÉnst
depreciation in folh)wing years
Fixed Assets - Cost
PA
Equipmerrt
Totsl
Equipment
Opening Balance 1 Sep 2023
Additions
Disposals
Closing BatanGe 31 Aug 2024
2,470
458
3,720
6,190
458
4720
Fixed Assets - Deweciation
PA
Equiprnent
Total
Equlpment
Opening Balan
Charge in the Year
Disposals
(1,44n
(392)
12,749)
(744)
(4,196)
(1 ,136)
(1,839)
(4494)
15,332)
Total Fixed Assets Closing
Total Fixed Assets Opening
227
971
1,023
1,994
li