Registered Charity 1175280
ANNUAL REPORT & ACCOUNTS April 2023 - March 2024
A ministry of MWF
Music & Worship Foundation Annual Report & Accounts
Contents
Reference & Administration Details 3
| Trustees Report: Work & Activities of the CIO | 4 - 9 |
|---|---|
| Production of publications | 4 |
| Leading & participating in conferences, seminars and meetings | 5 |
| Committment to Higher Education Contexts | 5 |
| Resource the Public for Christian Worship Through the engage worship Website | 6 |
| Evergreen | 7 |
| Sources of Funding | 8 |
| Policies | 9 |
| Closing remarks | 9 |
| Annual Accounts | 10 - 19 |
| Contents | 10 |
| Balance sheet | 11 |
| Statement of financial activities | 12 |
| Analysis of income and expenditure | 13-15 |
| Fund movement | 16 |
| Notes to the accounts | 17 |
| Expenses paid to trustees | 18 |
| Independent examiner’s report | 19 |
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Music & Worship Foundation Annual Report & Accounts
Reference & Administration details
Principal Office
2 Old Chapel Close, Harrogate, North Yorkshire, HG3 2GG (from April 2024) 8A Horley Close, Bexleyheath, Kent DA6 7HS (until March 2024)
Legal Structure
Charitable Incorporated Organisation
Governing Document
Constitution of Music & Worship Foundation CIO (incorporated 20 October 2017)
Trustees
Nicholas Bennett (Treasurer, from April 2024) Damian Herbert Hannah Hodges Ron Jones (Treasurer, until March 2024) Sylvia Kalisch Andrew Mitchell (Vice-chair & Secretary) Mwidimi Ndosi Rev. Eileen Osgood (Chair)
OBJECTIVES
The objectives of the CIO (“MWF”) are:
1 The advancement of the Christian religion through music, media and other art forms;
2 To advance the education of the public in Christian worship and music.
STRUCTURE
The aims of the CIO are advanced through the operations of MWF’s ministry Engage Worship.
MWF employs Sam and Sara Hargreaves to lead this work, under the supervision of the Trustees. It also employs Gemma and Timo Scharnowski as team members. The Trustees meet mostly via video-call, or occasionally face-to-face when required. They also keep in contact with each other, and with the team, by email.
Roger Peach resigned as a Trustee on 11 July 2023. One new Trustee was appointed during the year: Nicholas Bennett on 16 October 2023.
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Music & Worship Foundation Annual Report & Accounts
Trustees Report
WORK AND ACTIVITIES OF THE CIO
Production of publications
During this financial year Engage Worship produced Outdoor Worship For Schools in collaboration with the Diocese of St Albans, a set of 10 sessions of inclusive, inspiring and invitational collective worship for primary school aged children.
“
These high-quality collective worship plans for outdoors have been designed to help pupils develop their heart for the earth. They provide meaningful opportunities for pupils to reflect deeply on their relationship with and to the natural world in a way which links to ‘heads’, ‘hearts’ and ‘hands’.
Ryan Parker, RE & Christian Ethos Adviser, Diocese of St Albans
We also launched The Rest is Worship: 40 Day Contemplative Calendar to go alongside the book The Rest is Worship , both of which were popular resources for Lent 2024.
In March 2024 we launched our latest intergenerational worship resource: Whole Church Worship , containing eight adaptable service plans for intergenerational worship and six brand new, original all-age worship songs for use in churches.
“
Engage Worship’s Whole Church Worship resource is the perfect addition to any Messy Church celebration, with six new intergenerational songs that will help bring people of different ages, abilities and from a variety of cultural backgrounds, to come together to worship God.
Aike Kennett-Brown, BRF Ministries Messy Church Team Lead.
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Music & Worship Foundation Annual Report & Accounts
Leading & teaching at conferences and events
The team was involved in plenty of in-person events this year, beginning with leading the All Age venue at Spring Harvest Skegness. Sara & Sam also taught on All Age Worship a number of times throughout the year in Bishops Stortford, Nottingham and Exeter.
Feedback from Spring Harvest included:
“Thanks for a great Spring Harvest this year. My whole family loved the All Age worship you led. Lots of ideas to take home and try out from your workshop too.”
“We have loved coming to these! I think it’s possibly been my favourite bit of #SH2023”
We led a morning on The Rest is Worship during the Salvation Army Mission Gathering, and a day retreat on this content in Milton Keynes in November. Sam led an in-person retreat for the Congregational Federation, Sara & Sam returned to the Salvation Army Frontline conference for the 6th time, and we hosted a Creative Retreat Day in collaboration with United Adoration.
Commitment to higher education contexts
Some of the team visited Nexus Institute of Creative Arts in May to teach and lead sessions on The Rest is Worship , and to connect with potential students who might be interested in our Evergreen programme. Sam & Sara also taught “ a session on The Rest is Worship at Spurgeon’s Theological College. I’m just writing to say thank you for your part in
I’m just writing to say thank you for your part in making the Songwriting Intensive so fantastic. It was such a gift to me on so many levels. I’m so grateful for the quality of input you gave across such a range of topics related to songwriting.
Sam taught Songwriting at London School of Theology over 2 intensive weekends.
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Music & Worship Foundation Annual Report & Accounts
Resource Christian worship through our website
In 2023 we developed the Engage Worship website by adding a Worship Jobs page where UK churches can advertise worship vacancies. This was accompanied by a three part article series on recruiting worship employees, reflecting on the pitfalls and challenges of not only recruiting but nurturing people in paid worship ministry.
These generated a lot of online response, including these posts:
“
As someone who literally just resigned after almost 10 years on staff... in a position like this, your article and heart really resonates with me. What you’re doing here is EXTREMELY important and I hope people share these articles far and wide.
“
I didn’t realise that the things you mentioned were so common; anecdotally, perhaps, but to see it written out after talking with a variety of worship leaders makes it a bit more real. I feel like I’m checking most if not all of those boxes. Very insightful, and hopefully helpful to churches moving forward.
We’ve continued to provide free online content, including a song called Tapestry , a new actions video for an original song Upside Down , and a Christmas monologue. 41,000 resources were downloaded across the year, and we received some encouraging feedback including:
“We are finding your worship resources a help for school collective worship. It was like having a worship group in school with us yesterday when we played one of your videos. We are also finding them a blessing for our All Age Worship in church. Thanks for your ministry.”
We also released a new season of our Disrupting Worship podcast, featuring a wide range of guests and focusing on our content from The Rest is Worship.
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Music & Worship Foundation Annual Report & Accounts
“I very much appreciate the fantastic range of resources you produce and generously make available either free of charge or at a moderate cost… Your work is a blessing to many.”
Evergreen
We have continued to nurture and grow Evergreen, our community of young leaders (aged 18-35) who are committed to a fruitful worship ministry as well as their own spiritual formation and emotional health.
June and October 2023 saw two well attended retreat days, and we tied up our first cohort of the year-long mentoring and formation programme: Evergreen+ in December with a final online session together to close out the year.
Feedback from some of the first cohort included:
“
Since coming along to a number of the Evergreen retreats and taking part in their mentorship programme, I feel that I have begun to develop a healthy and sustainable ministry and feel connected to worship leaders from across the country. This is an essential for worship leaders and I am grateful to be a part of it.
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Music & Worship Foundation Annual Report & Accounts
“The retreats are so refreshing. They are led so thoughtfully and have given me tools to help me build healthy spiritual rhythms.”
In January 2024 we began our next cohort of Evergreen+ with 10 participants. We launched the year with our weekend residential in North London with a total 23 people (some returning from last year, plus leaders) and had another successful retreat day in March with the new cohort and a number of new visitors.
We’ve also launched a new website for Evergreen this year, to give the project an online home. This has been really useful for establishing a connection with our growing community of young worship leaders, and having a online presence to develop the Evergreen brand and identity.
Gemma & Timo attended David’s Tent festival in the summer to represent Evergreen and connect with young worship leaders from across the UK. Several fruitful and encouraging conversations led to interest in the Evergreen+ year, and enabled the word about Evergreen to be spread to a wider audience.
In the ways stated above MWF CIO serves the public benefit. Our resources are downloaded and purchased in their thousands, and hundreds of people have attended seminars, workshops and services run by Engage Worship. These are primarily churches and church-goers, but our material is also benefiting schools, family groups and youth settings.
Sources of funding
In addition to the sale of resources as detailed above, the CIO’s income comes from donations from individuals and churches and from the charges made for visits by our employees. The CIO also received grants totalling £1405 specifically for the Evergreen ministry, and a further general grant of £1,000.
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Music & Worship Foundation Annual Report & Accounts
Policies
Public Benefit: Served by the activities described above. The Trustees take into account the Charity Commission’s guidance on Public Benefit in all relevant decisions.
Reserves: The Trustees’ policy is that if the level of reserves should fall below £10,000 immediate consideration would be given to reducing costs in whatever way possible, including curtailing the employees’ hours of work. Part of the Reserves are retained against a requirement in extremis to make redundancy payments.
Conflict of Interest: For all decisions taken involving a conflict of interest for any Trustee, the Trustee affected by the conflict is absent from the room and takes no part in the voting.
All other policies such as Safeguarding, Data Privacy, Equality, Diversity & Inclusion, Complaints and others are available on request.
Closing remarks
It has been another busy year for MWF / Engage Worship with so much to celebrate. We have seen the launch of some exciting new resources such as Whole Church Worship, alongside our regular online output of free worship ideas which are used all around the world. There have been many opportunities to be out serving the wider church in person as the team have led worship, run training and offered retreats at various events. We are particularly thrilled at the growth of Evergreen for training and equipping a new generation of worship leaders.
The trustees want to express our huge thanks to Sara, Sam, Gemma and Timo for the gifts, skills and creativity that they so generously give to MWF. Our thanks also goes to all those who through regular giving or one-off donations make this work possible. We are excited to see Engage Worship continuing to train and resource the local church for creative, sustainable and world-changing worship, and look forward to all that the coming year will hold.
This report was approved by the Trustees at a meeting on 23 October 2024, and was signed on their behalf by:
Rev. Eileen Osgood (Chair)
Andrew Mitchell (Secretary)
9
ANNUAL ACCOUNTS
| Contents | |
|---|---|
| Balance Sheet | 11 |
| Statement of financial activities | 12 |
| Analysis of income and expenditure | 13-15 |
| Fund movement | 16 |
| Notes to the accounts | 17 |
| Expenses paid to trustees | 18 |
| Independent examiner’s report | 19 |
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Music & Worship Foundation Annual Report & Accounts
Music & Worship Foundation CIO - 1175280 Balance Sheet
Financial Year 1 April 2023 - 31 March 2024
| As at As at |
||
|---|---|---|
| 3/31/24 31/03/2023 |
||
| Fixed assets | ||
| 400001: MacBook 3.0 GHz | £0.00 £0.00 |
|
| 400003: Apple Hard Drive | £0.00 £0.00 |
|
| 400004: Acer Hard Drive | £0.00 £11.69 |
|
| 400005: Bose S1 Pro P/A Unit | £0.00 £87.48 |
|
| 400006: SE V7 Microphones (pair) | £0.00 £23.44 |
|
| 400007: Allen & Heath ZED 6 Mixer | £0.00 £14.06 |
|
| 400008: MacBook Pro M2 Sam H | £954.94 £1,302.19 |
|
| 400009: MacBook Timo S | £1,012.81 £1,360.06 |
|
| Total Fixed assets | £1,967.75 £2,798.92 |
|
| Current assets | ||
| 500300: Co-op Bank Current Account | £52,330.09 £59,834.22 |
|
| 501000: Gift-Aid Recoverable | £250.25 £260.29 |
|
| 502000: Charity Vouchers Lodged | £0.00 £0.00 |
|
| 502100: Items for Banking | £0.00 £0.00 |
|
| 504000: Card Reader Sales Payments Awaited | £0.00 £0.00 |
|
| 504001: Bank Transfers Awaited | £31.00 £68.00 |
|
| 505000: Expenses Pre-Paid | £538.56 £0.00 |
|
| Z05: Accounts Receivable | £200.00 £5,420.06 |
|
| Total Current assets | £53,349.90 £65,582.57 |
|
| Liabilities | ||
| 601111: Payments due to Employees | £0.00 £317.92 |
|
| 602000: Charge Card Transactions Made | £866.24 £983.88 |
|
| 608000: National Insurance due from Employees |
£0.00 £0.00 |
|
| 608011: NEST Payments due from Employees | £167.50 £149.25 |
|
| 608100: National Insurance due from MWF CIO | £0.00 £0.00 |
|
| 608111: NEST Payments due from MWF CIO | £100.50 £89.55 |
|
| 608200: Income Tax Due | £0.00 £0.00 |
|
| 608500: Student Loan Repayments Due | £0.00 £0.00 |
|
| Z04: Accounts Payable | £0.00 £0.00 |
|
| Total Liabilities £1,134.24 £1,540.60 |
||
| Net Asset surplus (deficit) £54,183.41 £66,840.89 |
||
| Reserves | ||
| Excess / (deficit) to date | (£12,657.48) £895.09 |
|
| Starting balances | £66,840.89 £65,945.80 |
|
| Total Reserves £54,183.41 £66,840.89 |
||
| Represented by Funds | ||
| Unrestricted £35,683.41 £51,840.89 |
||
| Designated £18,500.00 £15,000.00 |
||
| Restricted £0.00 £0.00 |
||
| Endowment £0.00 £0.00 |
||
| Total £54,183.41 £66,840.89 |
||
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Music & Worship Foundation Annual Report & Accounts
Music & Worship Foundation CIO - 1175280
Statement of Financial Activities For the period from 01 April 2023 to 31 March 2024
| Unrestricted funds |
Unrestricted funds |
Restricted funds |
Restricted funds |
Total funds |
Prior year total funds |
|
|---|---|---|---|---|---|---|
| Income and endowments from: | ||||||
| Donations and legacies | £29,963.30 | £2,889.76 £32,853.06 |
£35,661.42 | |||
| Income from charitable activities | £44,378.42 | £0.00 £44,378.42 |
£40,934.08 | |||
| Other trading activities | £0.00 | £0.00 £0.00 |
£0.00 | |||
| Investments | £0.00 | £0.00 £0.00 |
£0.00 | |||
| Other income | £7,233.13 | £0.00 £7,233.13 |
£7,231.80 | |||
| Total income | £81,574.85 | £2,889.76 £84,464.61 |
£83,827.30 | |||
| Expenditure on: | ||||||
| Expenditure on charitable activities | £23,558.87 | £0.00 £23,558.87 |
£14,269.05 | |||
| Other expenditure | £73,563.22 | £0.00 £73,563.22 |
£68,663.16 | |||
| Total expenditure | £97,122.09 | £0.00 £97,122.09 |
£82,932.21 | |||
| Gains / losses on investment assets | £0.00 | £0.00 £0.00 |
£0.00 | |||
| Net income / (expenditure) resources before transfer | -£15,547.24 | £2,889.76 -£12,657.48 |
£895.09 | |||
| Transfers | ||||||
| Gross transfers between funds - in | £6,699.76 | £100.00 £6,799.76 |
£10,250.00 | |||
| Gross transfers between funds - out | -£3,810.00 | -£2,989.76 -£6,799.76 |
-£10,250.00 | |||
| Other recognised gains / losses | ||||||
| Gains on revaluation, fixed assets, charity's own use | £0.00 | £0.00 £0.00 |
£0.00 | |||
| Net movement in funds | -£12,657.48 | £0.00 -£12,657.48 |
£895.09 | |||
| Reconciliation of funds | ||||||
| Total funds brought forward | £66,840.89 | £0.00 £66,840.89 |
£65,945.80 | |||
| Total funds carried forward | £54,183.41 | £0.00 £54,183.41 |
£66,840.89 | |||
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Music & Worship Foundation Annual Report & Accounts
Music & Worship Foundation CIO - 1175280
Analysis of income and expenditure Selected period: 01 April 2023 to 31 March 2024
| Analysis of income and expenditure | Analysis of income and expenditure |
|---|---|
| Selected period: 01 April 2023 to 31 March 2024 | |
| Unrestricted Designated Restricted This year Last year NOTES |
|
| Income and endowments | |
| Donations and legacies | |
| 110000 - Donations Gift-Aided | £16,027.00 £0.00 £0.00 £16,027.00 £12,827.00 |
| 110004 - Donations non-Gift-Aided | £12,869.12 £0.00 £599.88 £13,469.00 £9,392.98 |
| 110008 - Gifts from Churches | £952.18 £0.00 £0.00 £952.18 £3,260.00 |
| 140004 - Grants Received | £0.00 £0.00 £1,000.00 £1,000.00 £10,600.00 1 |
| 140005 - Grants received EVERGREEN | £115.00 £0.00 £1,289.88 £1,404.88 £0.00 |
| Donations and legacies Totals | £29,963.30 £0.00 £2,889.76 £32,853.06 £36,079.98 |
| Income from charitable activities:- | |
| Sales of Goods | |
| Hartman Rhyming Bible CD | £56.00 £0.00 £0.00 £56.00 £139.92 |
| Hartman Rhyming Bible Book | £0.00 £0.00 £0.00 £0.00 £129.08 |
| 120116 - Video Training Course USB Stick |
£144.00 £0.00 £0.00 £144.00 £36.00 |
| Creative Journal | £0.00 £0.00 £0.00 £0.00 £15.40 |
| "Worship in the Woods" Service Pack | £1,559.00 £0.00 £0.00 £1,559.00 £1,517.50 |
| "Thy Kingdom Come" | £124.00 £0.00 £0.00 £124.00 £364.00 |
| "How Would Jesus Lead Worship?" |
£918.40 £0.00 £0.00 £918.40 £977.00 |
| All-Age Worship Service Pack | £1,904.00 £0.00 £0.00 £1,904.00 £0.00 |
| "Whole Life Worship" Book | £363.29 £0.00 £0.00 £363.29 £668.99 |
| All-Age Worship eBook | £199.00 £0.00 £0.00 £199.00 £0.00 |
| "Whole Life Worship" Journey Pack | £295.00 £0.00 £0.00 £295.00 £278.00 |
| WLW Study Guides | £33.00 £0.00 £0.00 £33.00 £20.00 |
| "Simple Worship" | £126.00 £0.00 £0.00 £126.00 £207.00 |
| Worship in Waiting (Church) | £835.00 £0.00 £0.00 £835.00 £1,349.46 |
| "Outdoor Worship" Book | £140.00 £0.00 £0.00 £140.00 £273.00 |
| Worship in Waiting (Personal) | £297.00 £0.00 £0.00 £297.00 £646.24 |
| "Wilderness" Service Packs | £833.00 £0.00 £0.00 £833.00 £767.66 |
| Outdoor Worship for Schools | £1,681.00 £0.00 £0.00 £1,681.00 £0.00 |
| "Wilderness" Personal Journals | £620.00 £0.00 £0.00 £620.00 £701.34 |
| "Jesus & Emotions" | £930.00 £0.00 £0.00 £930.00 £446.40 |
| "Harvest Worship" Book | £1,035.00 £0.00 £0.00 £1,035.00 £1,075.00 |
| "Resurrection People" | £1,341.00 £0.00 £0.00 £1,341.00 £1,417.75 |
| Worship Colouring Book | £26.00 £0.00 £0.00 £26.00 £87.00 |
| "Resurrection People" Personal Devotions | £326.00 £0.00 £0.00 £326.00 £1,046.80 |
| "Together With God" | £12.00 £0.00 £0.00 £12.00 £8.00 |
| Outside Premium Content Sold | £158.00 £0.00 £0.00 £158.00 £714.97 |
| Sales, Other | £28.80 £0.00 £0.00 £28.80 £15.00 |
| Dispatch Charges on Online Sales | £2,323.10 £0.00 £0.00 £2,323.10 £1,729.50 2 |
| Licenses Downloaded | £0.00 £0.00 £0.00 £0.00 £1,023.00 3 |
| Christmas Cards | £186.00 £0.00 £0.00 £186.00 £400.00 |
| Advent Calendar | £1,540.00 £0.00 £0.00 £1,540.00 £2,890.00 |
| "Rest is Worship" | £7,426.00 £0.00 £0.00 £7,426.00 £3,011.00 |
| Video & Music Downloads | £359.00 £0.00 £0.00 £359.00 £195.85 |
| "Rest is Worship" eBook | £1,015.00 £0.00 £0.00 £1,015.00 £411.00 |
| Rest is Worship Contemplative Calendars |
£2,105.00 £0.00 £0.00 £2,105.00 £0.00 |
| Licensed Sales non-UK | £185.00 £0.00 £0.00 £185.00 £717.00 4 |
| Total Sales Income | £29,123.59 £0.00 £0.00 £29,123.59 £23,278.86 |
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Music & Worship Foundation Annual Report & Accounts
| £105.74 £0.00 £0.00 £105.74 £52.69 £11,024.09 £0.00 £0.00 £11,024.09 £11,963.53 £715.00 £0.00 £0.00 £715.00 £5,639.00 £3,410.00 £0.00 £0.00 £3,410.00 £0.00 £44,378.42 £0.00 £0.00 £44,378.42 £40,934.08 £0.00 £0.00 £0.00 £0.00 £0.00 £4,006.75 £0.00 £0.00 £4,006.75 £3,181.79 £3,072.00 £0.00 £0.00 £3,072.00 £4,050.00 5 £154.38 £0.00 £0.00 £154.38 £0.01 £7,233.13 £0.00 £0.00 £7,233.13 £7,231.80 £81,574.85 £0.00 £2,889.76 £84,464.61 £84,245.86 £0.00 £0.00 £0.00 £0.00 £945.00 £300.00 £0.00 £0.00 £300.00 £50.00 £1,200.00 £0.00 £0.00 £1,200.00 £0.00 £1,682.28 £0.00 £0.00 £1,682.28 £1,905.69 £6,739.07 £0.00 £0.00 £6,739.07 £5,702.93 £2,517.78 £0.00 £0.00 £2,517.78 £1,848.08 £2,000.69 £0.00 £0.00 £2,000.69 £1,191.35 6 £145.00 £0.00 £0.00 £145.00 £325.00 £46.05 £0.00 £0.00 £46.05 £0.00 £84.26 £0.00 £0.00 £84.26 £168.51 £209.14 £0.00 £0.00 £209.14 £181.04 £448.54 £0.00 £0.00 £448.54 £791.02 £209.87 £0.00 £0.00 £209.87 £390.11 £90.13 £0.00 £0.00 £90.13 £239.84 £120.00 £0.00 £0.00 £120.00 £456.00 £135.21 £0.00 £0.00 £135.21 £74.48 £2,038.07 £0.00 £0.00 £2,038.07 £0.00 £197.47 £0.00 £0.00 £197.47 £0.00 £5,395.31 £0.00 £0.00 £5,395.31 £0.00 £23,558.87 £0.00 £0.00 £23,558.87 £14,269.05 £399.60 £0.00 £0.00 £399.60 £180.00 £75.00 £0.00 £0.00 £75.00 £65.00 £766.31 £0.00 £0.00 £766.31 £950.21 7 £73.13 £0.00 £0.00 £73.13 £83.16 £98.22 £0.00 £0.00 £98.22 £170.19 £0.00 £0.00 £0.00 £0.00 £45.00 £489.96 £0.00 £0.00 £489.96 £227.17 £1,008.00 £0.00 £0.00 £1,008.00 £875.30 £66.10 £0.00 £0.00 £66.10 £73.99 £33.36 £0.00 £0.00 £33.36 £26.00 £250.00 £0.00 £0.00 £250.00 £200.00 |
||
|---|---|---|
| Other Charitable Activities Income | ||
| 120300 - Royalties Income | ||
| 120304 - Engage Fees Received | ||
| 120308 - Bookings Income, Engage | ||
| 121002 - Bookings Income, EVERGREEN |
||
| Total Income from Charitable Activities |
||
| Investments Totals | ||
| Other income | ||
| 140000 - Gift-Aid Tax Recovered | ||
| 140008 - Professional Fees Received | ||
| 140012 - Other Income | ||
| Other income Totals | ||
| Income and endowments Grand totals |
||
| Expenditure | ||
| Expenditure on charitable activities | ||
| Consultancy & Other Fees | ||
| Musicians' & Team Fees | ||
| Recording & Production Costs | ||
| Travel Expenses (Events) | ||
| Production of Owned Publications | ||
| Dispatch Costs of Goods Sold | ||
| Online Sales Fulfilment | ||
| Child Protection Costs | ||
| CCL License | ||
| Event Resources Bought | ||
| Catering Costs | ||
| Publicity, ENGAGE | ||
| Website & Online Costs | ||
| Team Communications Costs | ||
| Venue Hire | ||
| Event Accommodation | ||
| Publicity, EVERGREEN | ||
| Mentoring, EVERGREEN | ||
| Event & Resource Costs, EVERGREEN | ||
| Expenditure on charitable activities Totals |
||
| Other expenditure | ||
| Accountancy Costs | ||
| Accounts Examiner's Fees | ||
| Travel Expenses (Admin) | ||
| Office Printing & Stationery | ||
| Office Postage & Telephone | ||
| Office Resources Bought | ||
| Equipment & Software Bought | ||
| PayPal charges | ||
| Card Reader Charges | ||
| Bank Charges | ||
| Freelance Fees | ||
14
Music & Worship Foundation Annual Report & Accounts
| £1,700.10 £0.00 £0.00 £1,700.10 £2,672.28 8 £617.59 £0.00 £0.00 £617.59 £150.00 £56,807.94 £0.00 £0.00 £56,807.94 £53,110.43 £2,024.46 £0.00 £0.00 £2,024.46 £2,175.97 £2,010.00 £0.00 £0.00 £2,010.00 £1,791.00 £1,206.00 £0.00 £0.00 £1,206.00 £1,074.60 £3,585.60 £0.00 £0.00 £3,585.60 £2,982.60 £732.00 £0.00 £0.00 £732.00 £720.00 £428.56 £0.00 £0.00 £428.56 £837.12 £23.41 £0.00 £0.00 £23.41 £49.00 £336.71 £0.00 £0.00 £336.71 £324.65 £831.17 £0.00 £0.00 £831.17 £298.05 9 £73,563.22 £0.00 £0.00 £73,563.22 £69,081.72 £97,122.09 £0.00 £0.00 £97,122.09 £83,350.77 |
||
|---|---|---|
| Albania Support Payments | ||
| Professional Development | ||
| Net Salaries | ||
| Nat Ins Employees | ||
| NEST Deductions Employees | ||
| NEST Deductions MWF CIO | ||
| Income Tax | ||
| Student Loan Deductions | ||
| Public Liability Insurance | ||
| Miscellaneous Expenditure | ||
| Stock Bought | ||
| Depreciation | ||
| Other expenditure Totals | ||
| Expenditure Grand totals | ||
15
Music & Worship Foundation Annual Report & Accounts
Music & Worship Foundation CIO - 1175280 Fund movement by type Selected period: 01 April 2023 to 31 March 2024
| Fund and type | Fund balances brought |
Incoming Resources |
Outgoing Resources |
Transfers | Gains and Losses |
Journal Entries |
Fund balances carried forward |
||
|---|---|---|---|---|---|---|---|---|---|
| forward | |||||||||
| Evergreen | |||||||||
| Designated | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||
| Restricted | £0.00 | £2,889.76 | £0.00 | -£2,889.76 | £0.00 | £0.00 | £0.00 | ||
| Sub-totals | £0.00 | £2,889.76 | £0.00 | -£2,889.76 | £0.00 | £0.00 | £0.00 | ||
| Resurrect | |||||||||
| Restricted | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||
| Sub-totals | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||
| General | |||||||||
| Unrestricted | £51,840.89 | £81,574.85 | £97,122.09 | -£610.24 | £0.00 | £0.00 | £35,683.41 | ||
| Sub-totals | £51,840.89 | £81,574.85 | £97,122.09 | -£610.24 | £0.00 | £0.00 | £35,683.41 | ||
| Reserve | |||||||||
| Designated | £15,000.00 | £0.00 | £0.00 | £3,500.00 | £0.00 | £0.00 | £18,500.00 | ||
| Sub-totals | £15,000.00 | £0.00 | £0.00 | £3,500.00 | £0.00 | £0.00 | £18,500.00 | ||
| Totals | £66,840.89 | £84,464.61 | £97,122.09 | £0.00 | £0.00 | £0.00 | £54,183.41 |
16
Music & Worship Foundation Annual Report & Accounts
Notes to the Accounts
| General | ||
|---|---|---|
| A | The Charity has no Endowment Funds. | |
| B | No remuneration was paid to Trustees. They were, however, recompensed for expenses | |
| incurred, and the details are given in an accompanying sheet. | ||
| Notes to | individual SOFA items | |
| 1 | Despite fund-raising efforts by the team, only one grant was received this year. The previous | |
| year's grant income included a significant proportion of unexpected grants. | ||
| 2 | This income item is a proportion of the prices charged for online sales, and defrays the costs | |
| associated with distribution. | ||
| 3 | For a number of goods items on sale, buyers have the option EITHER of ordering the item | |
| itself, OR of acquiring a license to print it themselves. For this year, income from license | ||
| applications was included with dir3ect sales of the respective items themselves. | ||
| 4 | A contact in USA held the charity's per mission to market one of the Charity's publications | |
| independently, an arrangement dating from the previous year. This arrangement came to an | ||
| end during the year under review. | ||
| 5 | "Professional fees received" refers to Sam Hargreaves' activities in tutoring and marking for | |
| London School of Theology, and to the team's submitting articles to a Christian magazine | ||
| covering youth work. | ||
| 6 | Online Sales Fulfilment is a proportion of sales income paid to Connect Supply Ltd., the | |
| company which handles distribution and mailing of goods sold online. | ||
| 7 | Travel Expenses (Admin) arises from meetings of the Engage team and of Trustees. | |
| 8 | The CIO pays quarterly support payments to a charity in Albania, Selah WAM, which is | |
| engaged in similar work. The amount donated reduces each year by agreement, as the | ||
| Albanian enterprise becomes more self-supporting. The proper application of these payments | ||
| is checked through receipt of regular quarterly reports from their Trustees. | ||
| 9 | Fixed Assets are depreciated at an annual rate of 25% of the original purchase cost. |
17
Music & Worship Foundation Annual Report & Accounts
MUSIC & WORSHIP FOUNDATION CIO : 1175280
Expenses paid to Trustees: year ended 31 March 2024
| Office Expenses |
Paid to Accounts Examiner |
Travel Expenses |
|||||||||||
| TOTALS | |||||||||||||
| Ron Jones (Treasurer) | £91.62 | £75.00 | £430.82 | £597.44 | |||||||||
| Roger Peach | £51.80 | £51.80 | |||||||||||
| Mwidimi Ndosi | £124.20 | £124.20 | |||||||||||
| NOTE:- | |||||||||||||
| Trustees' expenses this year had an unusual pattern: | |||||||||||||
| a) Only one physical meeting was held: one Trustee attended via video-link, |
|||||||||||||
| while not all attending Trustees claimed travel costs. | |||||||||||||
| b) The Treasurer's expenses were exceptional, necessitated by the agreed |
|||||||||||||
| handover of his responsibilities to a successor (Mr N. Bennett) at the end | |||||||||||||
| of the financial year. This involved one succession-planning meeting, and | |||||||||||||
| finally a trip from London to Manchester during March 2024 to effect the | |||||||||||||
| actual handover. | |||||||||||||
| c) As in previous years, the Examiner of Accounts has preferred payment of |
|||||||||||||
| his fee by gift token. By agreement from the Chair of Trustees, the | |||||||||||||
| Treasurer bought and presented the gift token, hence the entry above. | |||||||||||||
18
MUSIC & WORSHIP FOUNOA TION ANNUAL REPOR T & ACCOUNTS Mu8lc & Worship Foundation CIO . Charity No. 1175280 Flnanci•l year gnded 31 MArch 2024 Ind•p•ndènt Examlnerfs Report to th• Trustees of Muslc & Worshlp Foundation Clo on the Accounts for the above perlod clive Res on ibililies of Trustees and Examln The charills Trustees are responsible for lh• prepar8tion of ihe accounts. Thg than$ Twslee8 considwthat an audrt IS Th)t required for this year under Section 144 of the Charities Act 2011 nhe Chorilie$ Acri and that an independent examination is needed. It is my responsibility... lo ex8mine the accounts under Section 145 of the Charrtie8 A. lo follow the procedures laid tjown in Ihe general dir¢clions given by the Charity Commlssion (under Section 14515llbl of the Charitie$ Act), and to $tsté whether particular matter$ have come lo my attention. Basi endent Examinerfs lemenl My Èxamin81ion was carri8d out in a¢cord8nce general direth0 given by the Charity Commission. An examinalion indude8 a review of Ihè aeeounting records kept by the charity and a c(Knparison of the accounts presented with those reeords. 11 al80 indudes conseration of any unusual items or dlsclosures in the accounts, and seèking explanations from th& Trustees concerning any such m¥llers. The procedures undertaken ¢Jo not provide all the evidence thai would be required in 3n audil. and consequ8ntty no opinion is given as to whether the accounts pr•sw a Irue and Inde nt #xaminer's Slalemenl In wnnection with my examin81ion. no matter has comè to my atten1: which gives me ra8¥onable cause to telieve that. th any material respect, the requirements- to keep aCC1[¥j rerdI in acrdan¢0 Section 130 of the Charities Act". to prepare 8¢counts which accord wth the accounting recofds and comply with the accounting requirements of the Charities Act - have not been rn., of to %thi¢h, in my opinion. attentw)n $lthld be drffi in order to enabl• a proper undefslanding of ihe account$ lo bè leached. {Signedl Dgtè 2 8 JUL 2024 Name'.- ohan Keerthiratna Rolevanl wofessional qualifallOnS: MS¢, PGCE. ACMA. CGMA, BA. HND Address:. 2A Fairfa Avenue, Bexleylath. K•nl DA7 4TG 19