30 January 2024 

## RAVA Music Foundation 

## **Trustees’ Annual Report** 

01 April 2022 - 31 March 2023 

The year began on April 1, following a successful concert on March 5, 2022. While the concert was a successful result of hard work, it made us realize it was time for our choir to step up. The positive audience response fuelled our desire to explore more complex, multivoice pieces, starting an exciting journey of musical growth. Our main goal during this time was to reach higher standards, enabling us to represent our folkloric music and culture more effectively. 

To achieve our musical goals, our conductor took on the challenge of choosing or creating songs with different voices. We included folk pieces like Rashid Khan (Bakhtiari), Chanli Bell (Azeri), and a segment of Verdi's La Traviata opera (Brindisi), all sung in four voices. Mastering these songs required lots of practice, with training sessions both online and in person, where choir members learned to sing different parts together. 

The complexity of these pieces led to focused training sessions, where choir members improved their skills in harmonies and singing distinct notes together. We were fully committed to providing what was needed, including covering our tutor's fees, to make this artistic journey a reality. 

Beyond our dedicated practice sessions, choir members joined forces to organize delightful outings and brief trips. These experiences not only improved our musical skills but also deepened our sense of teamwork. Importantly, these initiatives extended the time for supervised singing under our tutor's guidance, offering a more substantial opportunity for growth. Additionally, they saved us valuable time that would have been spent commuting to and from our regular weekly sessions. We take great pride in the dedication and enthusiasm of both our choir members and tutor, playing key roles in the success of both our practices and outings. 

To make sure we were on the right track and to see how far we've come, we held a private performance in December. This provisional performance allowed us to spot weaknesses and areas for improvement. The insights from this performance were crucial in addressing challenges in the following months, contributing to our positive progress. 

Major decisions throughout the year were made unanimously by the board of trustees. These were based on consulting with everyone attending our classes or involved in any form with our activities. Collaborative discussions led to innovative ideas, including arranging group day outs with our tutor. 

We embraced teamwork, giving various tasks to as many people as possible in our foundation. This inclusive approach gave everyone a sense of ownership and belonging. Many individuals in the foundation actively contributed, playing a vital role in its growth. This method ensures we benefit from diverse perspectives and talents, providing valuable experience and the ability to work effectively in a team. 



The attached financial report summarizes the financial aspects throughout the year. Our bank account remained with CAF Bank, and all payments were authorized by the chair of the trustees and the treasurer. 

As we reflect on the past year, we are excited about the journey ahead. The groundwork laid in training and exploring multi-voice compositions has paved the way for further growth. 

Mehrdad Minoukadeh Chair of Trustees 

RAVA Music Foundation. **Appendix A** Our accounts for the period April 2022 to March 2023. **Appendix B** Some images reflecting our activities during the financial year. 



**Appendix A** 

**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2023 FOR RAVA Music Foundation REGISTERED CHARITY NUMBER 1172810** 



## **RAVA Music Foundation Statement of Financial Activities Year Ended 31 March 2023** 

|**2023**<br>**2022**<br>**2021**<br>£<br>£<br>£<br>£<br>£<br>£<br>**INCOME SOURCES**<br>Grant<br>0.00<br>9,910.00<br>9,950.00<br>Donations<br>220.00<br>279.00<br>0.00<br>Interest<br>15.00<br>0.00<br>0.00<br>Sales<br>0.00<br>3,942.00<br>0.00<br>Students Payments<br>4,648.00<br>4,197.00<br>3,797.00<br>**4,883.00**<br>**18,328.00**<br>**13,747.00**<br>**EXPENDITURE**<br>Bank Charges<br>178.00<br>121.00<br>186.00<br>Class Exp<br>345.00<br>706.00<br>0.00<br>ComputerConsumables&IT<br>expensed<br>355.00<br>251.00<br>318.00<br>Concert Exp<br>0.00<br>2,305.00<br>0.00<br>Equipment Expensed<br>214.00<br>237.00<br>4,384.00<br>Insurance<br>212.00<br>212.00<br>212.00<br>Meeting Exp<br>41.00<br>0.00<br>0.00<br>Professional Fee<br>150.00<br>0.00<br>0.00<br>Rent<br>1,275.00<br>3,855.00<br>0.00<br>Adverting<br>0.00<br>0.00<br>144.00<br>Printing,Postage&Stationery<br>0.00<br>145.00<br>6.00<br>Sundries<br>0.00<br>0.00<br>0.00<br>Teaching and Tutorials<br>7,025.00<br>1,120.00<br>5,345.00<br>Telephone and fax<br>0.00<br>0.00<br>153.00<br>Travel and subsistence<br>288.00<br>636.00<br>0.00<br>**10,083.00**<br>**9,588.00**<br>**10,748.00**<br>**Loss/Net Profit**<br>**-5,200.00**<br>**8,740.00**<br>**2,999.00**|**2023**<br>**2022**<br>**2021**<br>£<br>£<br>£<br>£<br>£<br>£<br>**INCOME SOURCES**<br>Grant<br>0.00<br>9,910.00<br>9,950.00<br>Donations<br>220.00<br>279.00<br>0.00<br>Interest<br>15.00<br>0.00<br>0.00<br>Sales<br>0.00<br>3,942.00<br>0.00<br>Students Payments<br>4,648.00<br>4,197.00<br>3,797.00<br>**4,883.00**<br>**18,328.00**<br>**13,747.00**<br>**EXPENDITURE**<br>Bank Charges<br>178.00<br>121.00<br>186.00<br>Class Exp<br>345.00<br>706.00<br>0.00<br>ComputerConsumables&IT<br>expensed<br>355.00<br>251.00<br>318.00<br>Concert Exp<br>0.00<br>2,305.00<br>0.00<br>Equipment Expensed<br>214.00<br>237.00<br>4,384.00<br>Insurance<br>212.00<br>212.00<br>212.00<br>Meeting Exp<br>41.00<br>0.00<br>0.00<br>Professional Fee<br>150.00<br>0.00<br>0.00<br>Rent<br>1,275.00<br>3,855.00<br>0.00<br>Adverting<br>0.00<br>0.00<br>144.00<br>Printing,Postage&Stationery<br>0.00<br>145.00<br>6.00<br>Sundries<br>0.00<br>0.00<br>0.00<br>Teaching and Tutorials<br>7,025.00<br>1,120.00<br>5,345.00<br>Telephone and fax<br>0.00<br>0.00<br>153.00<br>Travel and subsistence<br>288.00<br>636.00<br>0.00<br>**10,083.00**<br>**9,588.00**<br>**10,748.00**<br>**Loss/Net Profit**<br>**-5,200.00**<br>**8,740.00**<br>**2,999.00**|**2023**<br>**2022**<br>**2021**<br>£<br>£<br>£<br>£<br>£<br>£<br>**INCOME SOURCES**<br>Grant<br>0.00<br>9,910.00<br>9,950.00<br>Donations<br>220.00<br>279.00<br>0.00<br>Interest<br>15.00<br>0.00<br>0.00<br>Sales<br>0.00<br>3,942.00<br>0.00<br>Students Payments<br>4,648.00<br>4,197.00<br>3,797.00<br>**4,883.00**<br>**18,328.00**<br>**13,747.00**<br>**EXPENDITURE**<br>Bank Charges<br>178.00<br>121.00<br>186.00<br>Class Exp<br>345.00<br>706.00<br>0.00<br>ComputerConsumables&IT<br>expensed<br>355.00<br>251.00<br>318.00<br>Concert Exp<br>0.00<br>2,305.00<br>0.00<br>Equipment Expensed<br>214.00<br>237.00<br>4,384.00<br>Insurance<br>212.00<br>212.00<br>212.00<br>Meeting Exp<br>41.00<br>0.00<br>0.00<br>Professional Fee<br>150.00<br>0.00<br>0.00<br>Rent<br>1,275.00<br>3,855.00<br>0.00<br>Adverting<br>0.00<br>0.00<br>144.00<br>Printing,Postage&Stationery<br>0.00<br>145.00<br>6.00<br>Sundries<br>0.00<br>0.00<br>0.00<br>Teaching and Tutorials<br>7,025.00<br>1,120.00<br>5,345.00<br>Telephone and fax<br>0.00<br>0.00<br>153.00<br>Travel and subsistence<br>288.00<br>636.00<br>0.00<br>**10,083.00**<br>**9,588.00**<br>**10,748.00**<br>**Loss/Net Profit**<br>**-5,200.00**<br>**8,740.00**<br>**2,999.00**|
|---|---|---|
||||
|||**2,999.00**|





## **RAVA Music Foundation** 

## **Balance Sheet As at 31st March 2023** 

|||**2023**|||**2022**|||**2021**|
|---|---|---|---|---|---|---|---|---|
||£|£||£|<br>£||£|£|
|**CURRENT ASSETS**|||||||||
|Debtors and prepayments|||||||||
|CAF BANK|||||||||
|Current|||||||||
|Account|7,790.12|||12,990.00|||4,250.00||
|Deposit|||||||||
|Account|0.00||||0.00||0.00||
|Cash in hand||**7,790.12**|||**12,990.00**|||**4,250.00**|
|**CURRENT LIABILITIES**|||||||||
|Accruals & Creditors|||||||||
|Loan advanced|||||||||
||||**0.00**|||**0.00**||**0.00**|
|**NET CURRENT ASSETS**||**7,790.12**|||**12,990.00**|||**4,250.00**|
||||||||||
|**NET ASSETS**||**7,790.12**|||**12,990.00**|||**4,250.00**|
|**FINANCED BY :**|||||||||
|Balance brought forward||12,990.00|||4,250.00|||1,251.00|
|Net Profit For the Year||-5,200.00|||8,740.00|||2,999.00|
|||**7,790.00**|||**12,990.00**|||**4,250.00**|





## **RAVA Music Foundation** 

## **Notes to the Accounts** 

## **Year Ended 31st March 2023** 

## 1 

## **ACCOUNTING POLICIES** 

## **Accounting convention** 

The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice on Accounting by Charities. 

## **Income** 

Income represents Grant, donations, functions, and Sale of Tickets. All income is accounted for on a receipt basis. The income and surplus are attributable to the one principal activity of the Charity. 

## 2 **STAFF COSTS** 

No remuneration was paid or is payable in the year, directly or indirectly, out of the funds of the Charity, to any Trustee or to a person or persons connected with any of them. No reimbursement of expenses has been made or is due to be made to any of the Trustees in respect of the year. 

## 3 **RECONCILIATION OF MOVEMENTS IN RESERVES** 

|Opening reserves<br>Surplus/Deficit for the<br>financial year<br>Closing reserves|2023<br>£<br>12,990.00<br>-5,200.00<br>**7,790.00**|2022<br>£<br>4,250.00<br>8,740.00<br>**12,990.0**<br>**0**|2021<br>£<br>1,251.0<br>0<br>2,999.0<br>0|
|---|---|---|---|
||||**4,250.0**<br>**0**|



Farzaneh Heidari - Treasurer 

Approved by the Trustees 30/01/2024 



## **Appendix B** 


**----- Start of picture text -----**<br>
July 2022<br>**----- End of picture text -----**<br>



**October 2022** 


**November 2022** 




**Private performance – 10 December 2022** 


## **Days out, short trips** 




## **Days out, short trips** 



**March 2023**