**QM Studios** **Charity number: 1175178** **Report and Financial Statements for the year ended 31 December 2021** ## **QM Studios Charity number: 1175178** ## **Trustees’ Report and Financial Statements for the year ended 31 December 2021** The Trustees present their report with the financial statements of the charity for the year ended 31 December 2021. ## **Administrative details** The Trustees who have served during the year covered by this report and to date are: Alan Mark Farnworth Amanda Violet Ansell Andrew Keith Wilson Annette Georgina Wilson Kay Whiteley Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. ## **Structure and Governance** The charity was established as a Charitable Incorporated Organisation under a constitution on 17 October 2017. ## **Objectives and Activities** The objectives of QM Studios are to promote education in the arts, in particular music, with a focus on vulnerable groups in the community including learning and physically disabled people, people with mental health issues, young people and the elderly. The Trustees have had regard to the guidance issued by the Charity Commission on public benefit and have used this guidance at their trustees’ meetings in planning the activities for the period. The main activities undertaken for the public benefit in relation to the objects stated above are as follows: - To promote, for the public benefit, education in the arts. - To provide low-cost rehearsal and recording facilities for music makers. - To provide access to professional quality equipment and services to support music makers in the community. ## **QM Studios** - To enable the development of music skills and music technology expertise through educational and outreach programmes. - To support and encourage local live music events. - To add value to our activities through collaboration with other organisations and groups. - To provide opportunities for those with mental health and/or learning difficulties and/or physical disabilities to be involved in music. ## **Achievements and Performance** Activities this year have still been affected by the situation caused by the COVID-19 pandemic. Under normal circumstances, the main source of income is from studio hire. This income source was drastically reduced from January to July, until our studios were able to open fully again in July. However, QM Studios were able to access grants from local authorities and national agencies which enabled the charity to survive these challenging times. During lockdown, outreach opportunities were created by our talented outreach team using online techniques. Outreach projects included: Two local disability groups - The Butterfly Project and Strawford Centre, use our facilities on a Thursday with the help from QM Studios facilitators. Up to 25 young people and adults with learning difficulties and physical disabilities attend each week. The Strawford Centre were able to continue to access our facilities via Zoom during and after lockdown. Online interactive electronic music-making workshops were available weekly. Boom Tribe – this is a samba band for young people and adults with learning difficulties and physical health disabilities. They use QM Studios for rehearsing. Reaching Higher – this is an outreach programme organised by the local authority for young people and adults with learning difficulties, mental health difficulties and physical health disabilities. QM Studios is used to facilitate this project. Blue Oasis – this is a disco, only held in November this year, run by QM Studios which caters for around 70 children, young people and adults with learning difficulties, mental health disabilities and physical health disabilities. Work experience – we have supported seven young people with gaining work experience by volunteering with the outreach projects. Outreach 3 Way – QM Studio facilitators have been working with this group of people with disabilities and autism. Kingslea Primary School – we facilitated a drumming workshop at the school for 57 pupils. ## **QM Studios** Tanbridge House School – we support their annual BOTB competition by lending equipment, supporting the event and judging the bands. Kerwin Court – rehabilitation centre for brain injuries. We regularly run music therapy sessions for their clients. This continued remotely from April. Chestnut Tree House – we work with children and young people from the charity with life-limiting illnesses, enabling them to access music making sessions and great tech. From April onwards, live percussion workshops were set up. Under 18s – we offer low-cost rehearsals to this age group every week. Manor Green College, Crawley – we facilitate percussion and music making sessions at this school for young people with additional needs. QM Studios funds an assistant workshop leader. Cuckfield Stroke Recovery Group – we run remote interactive drumming workshops and a singalong session for up to twelve people. Jam with Jodie – we host weekly social lunchtime music sessions for around seven people with disabilities. The Coasters – this is an established band of musicians who have learning disabilities. Weekly remote music sessions were set up for them. Rock School – QM Studios are used by Rock School to allow young people to be examined in the playing of musical instruments. This was able to recommence after the lockdown as the studios were deemed to be COVID-compliant. ## **QM Studios** ## **Financial Review** The following statements set out the financial results and position of QM Studios for the year ended 31 December 2021. ## **Reserves Policy** It is the trustees’ policy to maintain a cash reserve of approximately £5,000 in a separate bank account. This is considered to be an appropriate level of reserves to meet fluctuations in receipts and payments and to cover general risks and contingencies. The reserve balance at 31 December 2021 was £5,000. The Trustees declare that they have approved this report and financial statements for the year ended 31 December 2021. Signed on behalf of the Charity’s Trustees Annette Wilson Chair of Trustees 23 September 2022 ## **QM Studios** ## **Charity number: 1175178** ## **Independent Examiner’s Report to the Trustees of QM Studios for the year ended 31 December 2021** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and - to state whether particular matters have come to my attention. The 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. In connection with the examination, no material matters have come to my attention which give me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. I 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. Marti V. Stenton FCA Morris Palmer Limited Chartered Accountants 23 September 2022 Barttelot Court Barttelot Road Horsham West Sussex RH12 1DQ ## **QM Studios** ## **Receipts and payments account for the year ended 31 December 2021** |

**Receipts**
Outreach income
Outreach grants
Sale of surplus equipment
Blue Oasis project
Studio hire
Rock School project
VE Day project
Other income
Vending machine income
Coronavirus grant income
Total receipts
**Payments**
Rock School expenses
Outreach expenses
Blue Oasis expenses
Studio admin
Rent
Workshop expenses and maintenance
Cleaning
Postage and stationery
Phone and broadband
Mobile phone
Advertising
Sundry expenses
Water
Insurance
Light and heat
Accountancy
Food & drink purchases
Fixed asset purchases
Total payments
**Net surplus for the year**
Cash funds brought forward
**Cash funds at 31 December 2021**|**2021**
**£**
3,109
17,520
1,169
-
11,821
660
-
874
151
18,097
53,401
230
21,228
-
3,068
4,130
10,612
252
95
618
318
356
126
128
1,954
1,072
1,320
140
2,059
47,706
5,695
25,625
31,320|**2020**
**£**
1,239
-
-
461
11,660
1,650
1,000
7,558
456
16,334
40,358
420
13,812
180
2,753
4,299
5,293
873
78
567
452
294
164
211
1,844
3,991
1,320
502
2,269
39,322
1,036
24,589
25,625| |---|---|---| ## **QM Studios** ## **Statement of assets and liabilities at 31 December 2021** |

Fixed assets
Bank accounts
Invoices receivable
Cash in hand
Total assets
Total liabilities
**Net assets at 31 December 2021**
|**2021**
**£**
25,059
31,320
1,136
22

57,537
-
57,537
|**2020**
**£**
23,000
25,625
-
-
48,625
-
48,625| |---|---|---| ## **QM Studios** ## **Notes to the Financial Statements** ## **Related Party Transactions** During the year, payments totalling £2,862 (2020: £3,156) were paid to one trustee in respect of studio admin, cleaning and Rock School services.