Music and Arts for the Shepway Community Charitable Incorporated Organisation Registered Charity Number 1170602 Trustees Report and Accounts for the year ended 31 August 2025
Music And Arts for the Shepway Community CIO Registered Number 1170602 Trustees Report and Accounts for the year ended: 31" August 2025 Contents Charity Informatlon Introduction Organisatlon Objectives and actlvlties Achievements and Performance Financial Review Independent examiner's report on the accounts Statement of Finantlal Actiyltles Balance Sheet Notes to the accounts
Music And Arts for the shepdY Community CIO Registered Number 1170602 Trustees Report and Accounts for the year ended: 31. August 2025 Charity Information Address Ridgewood North Lyminge Lane Lyminge Folkestone Kent CT18 8EE Bankers HSBC Ashford Accountant Anderson Accounts Ltd Mill Meadow Tanners Hill Hythe Kent 215UG
Muslc And Arts for the Shepway Community CIO Registered Number 1170602 Trustees Report and Accounts for the year ended: 31" August 2025 Introdurtlon The trustees present their report and financial statement for the year ending 31 August 2025. This report is presented in accordance with the Charities SORP (Statement of Recommended Practice) for FRS 102 which became effective l January 2015. The Charity is a Charitable Incorporated Organisation (CIO). It was estsblished on 7 December 2016 to take forward the activities of the registered cornpany, Guildhall Sports and Arts CIC (registration number 07376827) after independent advice around funding possibilities and gift aid. Organisation The trustees are:_ Linda Harris (chair) John Garlinge (treasurer) Tracey Lynn Walker Oletha Lai The Members of the CIO are individuals 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 artivities The objectives of the organisation are to provide arts services 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 its members, would fund the charity for 12 months in the event that external funding could not be obtained. This objective was achieved by the end of that financial year. The intention was that this pot will only be spent in the event of an emergenol. After two years of deficits, the charity is no longer in this cash position with annu31 expenditure in 2024-25 being £36,105 and the charity having £13,745 available in cash. It should be noted that gift aid has not yet been claimed for either the 2023-24 or 2024-25 financial years.
Financial Revlew Year on year income has reduced from £24,850 to £19,954 a decrease of 20%. The lower figure is due to a reduction in grant income. After all costs have been taken into account, there was a deficit of £16,152 compared to a deficit of £11,455 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 3bout the entity as a going concern. Signed John Garlinge Trustee Date:
Music And Arts for the Shepway Community CIO Registered Number 1170602 Trustees Report and Accounts forthe year ended: 31" August 2025 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 2025 set out on pages 7 to 10. Respertive responsibilities of trustees and examiner The trustees {who are also the directors of the company 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 14S(S)(b) of the Charities Act, and to state whether particular rnatters have come to my attention. Basis of independent examinerfs ststement My examination was carried out in accordance with general 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 examlner's statemerrt 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 sertion 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 with 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 orderto enable a proper understanding of the accounts to be reached. Signed.. Date. 36/0112 6 Ben Weiner ACMA CGMA Address: Aahr iq 64TL 66 NoRfHLrfh/JS SQIS
Music And Arts for the Shepway Community CIO Registered Number 1170602 Trustees Report and Accounts for the year ended: 31" August 2025 Statement of Financial Activities Incoming resources Non-exchange transattions Exchange transactions Totsi incoming resources Note 2025 2024 13,640 6,314 19,954 18,266 6,584 24.850 Resources expended Direct charitable expenditure Administrative expenses Total resources expended (33,312) (32,854) (2,793) {3,451) (36,1051 (36.305) Surplus/{deficit) for the year Brought forward from previous year Carried fonvard 31. August 2023 116,151} (11,4551 29,122 40,577 12.971 29.122
Music And Arts for the Shepway Community CIO Registered Number 1170602 Trustees Report and Accounts for the year ended: 31" August 2025 Balance Sheet Notes 2025 2024 Fixed Assets 726 1,316 Current Assets Stock Debtors Cash at bank and in hand 750 1,500 13,745 14,495 27,736 29,236 Creditors: amounts falling due within one year (2,250) 11,430) Net current assets 27,806 Credltors: amounts falling due after one year Net assets 12.961 Charity Funds Unrestricted Funds 12.971 29,122 Totsl Charity Funds 12,971 29,122 Notes I to 8 form part of these accounts. Accounts approved by trustees J Garlinge Date=
Muslc And Arts for the Shepway Community CIO Registered Number 1170602 Trustees Report and Accounts for the year ended: 31" August 2025 Notes to the accounts Accountlng Pollcles Basis of preparatlon The accounts have been wepared under the historical Cost convention and in accordance wf(h the Charities SORP for FRS 102 which came into effect on 1 January 2015. The company has opted to r8POrt on a receipts and paym8nts basis. Tumover Tumover on sales is recognised when the sales activity h&8 been completed or a donation has been reGelved. Incoming resources Non•ex¢hange transactions Donations from cSi8nts Grants Other clonations Sponsor8hip I sponsrnl events Gift income 11,216 350 190 1,884 12,745 5,075 98 347 13,640 14286 Exchange transactions 2024 Income from concerts Sales to customers Special events proceeds Interest Received 567 3,078 5400 347 314 2,920 586
Resources Expended Direct Gharitable expendlture 2025 2024 Practitioners Special events costs V8nue hire Uniforms Oth8r direct costs 27,560 1,020 3,837 750 145 33,312 24,410 1,203 4,787 2,200 254 Admln15tralive expenses 2024 Bank charges Insurance Software Printing costs D8preciation Website Entertainment Admin fees Health and safety Accountancy fees- Other costs 96 557 490 127 590 120 95 607 468 406 1,136 97 22 364 -*5Q- 99 793 350 270 3,461 Charity funds 2023 Brought forward from previ(xJs financial year Surplu51(deficit for the year) 29,122 40,577 11971 29,122 Debtor6 2024 Trade debtors Gift aid reclaim due from HMRC io
Creditors: amounts falling due wrthin 1 year 2024 Trade creditors Defeed sponsorship income Grant Oth8r creditors arKI accruals 2.250 1250 1,430 Creditors: amounts falling due within 1 ar 2025 2024 DefepTed Income relating to grant for funding tixed assets - will be offset aga'nst depreciation in follo.ng years Fixed Assets - Cost Offlce Equlpment PA Equlpment - Total Opening Balanc8 1 Sep 2024 Addltlons Disposals Closing Balance 31 Aug 2025 2,928 3,720 6,648 4720 Flxed Assets - Depreclatlon Office Equipment PA Equipment Total Opening Balance Charge in the Year Disposals (1.839) (363) (3,493) {22n (5,332) 1590) (2,20• (4720) (5.922) Total Fixed Assets Closlng Total Fixed Asset5 Opening 726 1,316 1,089 227 li