Made with Music
Charity number 1177738
Annual Report and Financial Statements
for the year ended 31 March 2024
Made with Music
Annual Report and Financial Statements for the year ended 31 March 2024
| Contents | Page |
|---|---|
| Trustees' report | 2 to 4 |
| Examiner's report | 5 |
| Receipts and payments account | 6 |
| Statement of assets and liabilities | 7 |
| Notes to the accounts | 8 to 9 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Made with Music
Trustees' report for the year ended 31 March 2024
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Charles Gower-Smith Rebecca Camp Resigned November 2023 Tamsyn Durrant Ian Thornton Miles Jefford Chair
Charity number
1177738
Registered in England and Wales
Registered and principal address
Bankers
32 St Martins Road HSBC Bank plc Leeds Leeds City Branch LS7 3LX 33 Park Row Leeds LS1 1LD
Independent examiner
Katy Sargeant
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 28 March 2018.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by a resolution passed at a properly convened meeting of the charity trustees.
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Made with Music
Trustees' report (continued) for the year ended 31 March 2024
Objectives and activities
The charity's objects
The objects of the CIO are: the advancement of music education of young people and families in and around Yorkshire, through the provision of accessible live music activities along with educational activities in conjunction with those, for the public benefit.
To preserve and protect the mental and physical health of musicians through the provision of support, advice and training.
The charity's main activities
Made with Music provides accessible and educational musical activities for everyone. We mainly work with families, but this extends from babies to grandparents and we aim to make all of our events and workshops inclusive and accessible to as wide a range of people as possible. We currently provide early years music classes for parents/carers and their children, specialist music sessions for disability support groups, singing development in schools, family-friendly and accessible gigs, intergenerational singing sessions and training sessions for staff and parents. We support young musicians to develop their skills through advice and training and support the mental wellbeing of our own staff by planning and delivering all projects in pairs.
Public benefit statement
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of music education of young people and families in and around Yorkshire through participation in live music activities. Made with Music has continued to be very adaptable with their offer and has continued to successfully offer this service in a hybrid fashion both in-person and online. We have also worked alongside other freelance musicians and created training and mentoring programmes to support these individuals and protect their mental and physical health.
Achievements and performance
Made with Music has had another successful year as the charity continues to grow from strength to strength. In the past financial year, we secured funding for a new project, OPEN, in partnership with Leeds Conservatoire. This was a pilot project which taught us a lot about the musicians we work with and more importantly the families we want to provide for. Using the learning from this pilot project has given us the confidence to apply for further funding going into this next financial year.
We have also secured further funding from Leeds City Council, Cultural Investment programme (£6400 – not yet in our bank account) which can be put towards core costs for the charity. This will enable us to build further relationships with partners around the city who want to better their inclusive provision for families.
We continue to have full early years classes and sold out mini gigs as well as regular sessions with Sunshine & Smiles and HOPS. We continue to work 1-1 with a teenager with PMLD and have since started sessions with another young adult using music to help recover from trauma.
With the use of unrestricted funds and donations, we have been able to continue to offer subsidised and free places to our classes and events. We have seen the demand for this increase substantially over the past year with the rise in cost of living.
We have been invited to speak at networking events and family support groups about our work and are now in a position to offer consultancy on inclusive and accessible music provision. We are hoping will become a new funding stream for the charity as some organisations are able to pay for this expertise knowledge and experience.
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Made with Music
Trustees' report (continued) for the year ended 31 March 2024
Financial review
The net receipts for the year were £5,280, including net receipts of £4,746 on unrestricted funds and net receipts of £534 on restricted funds.
Reserves policy
The charity's free reserves, at the year end were £18,657.
During this financial year, 2023/2024, we have not needed to use our reserves and in fact have been able to increase them this financial year. We would like to build up our reserves to £20,000 to allow us to pay all musicians for at least 6 months if a global crisis like Covid-19 were to impact us again.
Funds materially in deficit
The DWP Access to Work grant was £3,987 in deficit at year end - this is because payments take a while to come in. It was agreed by our board that we could pay Kathryn’s PA expenses through the Made with Music accounts so she wouldn’t be out of pocket. Payment is due monthly from DWP.
Approved by the board of trustees on 23/7/2024
Miles Jefford (Trustee)
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Made with Music
Independent examiner's report to the trustees of Made with Music
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2024, which are set out on pages 6 to 9.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records.
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 understanding of the accounts to be reached.
Katy Sargeant
1/8/2024
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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Made with Music
Receipts and payments account for the year ended 31 March 2024
| Notes 2024 Unrestricted funds £ Receipts Grants and donations (2) 3,566 Sales and fees 34,433 Total receipts 37,999 Payments Freelance musicians 27,581 Other freelance fees 1,959 Room hire 2,064 Instruments and resources 38 Marketing and printing 599 Insurance 329 Travel 139 Refreshments 94 Training and DBS 30 Personal Assistant payments - Accountancy 420 Total payments 33,253 Net receipts / (payments) 4,746 Fund balances brought forward 13,911 Fund balances carried forward (3) 18,657 |
2024 Restricted funds £ 35,863 - 35,863 20,185 2,719 1,200 60 70 - 118 142 10 10,825 - 35,329 534 4,839 5,373 |
2024 Total funds £ 39,429 34,433 73,862 47,766 4,678 3,264 98 669 329 257 236 40 10,825 420 68,582 5,280 18,750 24,030 |
2023 Total funds £ 21,826 20,469 42,295 30,415 2,341 3,022 944 225 334 343 92 183 5,650 300 43,849 (1,554) 20,304 18,750 |
|---|---|---|---|
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Made with Music
Statement of assets and liabilities
| as at 31 March 2024 2024 Unrestricted £ Cash funds Cash at bank 18,599 Cash in hand 58 Total cash funds 18,657 Debtors and prepayments Prepayments Accrued income Assets retained for the charity's own use Camera Microphones Keyboard, stand and stool Liabilities Accruals Deferred income |
2024 Restricted £ 5,373 - 5,373 |
2024 Total £ 23,972 58 24,030 2024 £ 212 3,987 4,199 2024 £ 846 4,800 5,646 |
2023 Total £ 18,724 26 18,750 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 23/7/2024
Miles Jefford (Trustee)
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Made with Music
Notes to the accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Made with Music
Notes to the accounts continued
for the year ended 31 March 2024
| 2 Grants and donations Audacia Department for Work and Pensions (DWP) Genesis Labels and Packaging Leeds City Council (LCC) Leeds Community Foundation (LCF) Leeds Conservatoire The National Foundation for Youth Music Arts Council England (ACE) Other donations 3 Restricted funds Balance b/f £ Leeds Community Foundation - Leeds Inspired 2,397 DWP Access to work (1,625) Youth Music - Recharge 4,067 LCC Arts@Leeds - Leeds Conservatoire - 4,839 |
2024 Unrestricted funds £ 1,000 - 1,000 - - - - - 1,566 3,566 Incoming £ 7,200 - 8,463 14,300 5,000 900 35,863 |
2024 Restricted funds £ - 8,463 - 5,000 7,200 900 14,300 - 35,863 Outgoing £ 6,976 2,397 10,825 11,221 3,010 900 35,329 |
2024 Total funds £ 1,000 8,463 1,000 5,000 7,200 900 14,300 - 1,566 39,429 Transfers £ - - - - - - - |
2023 Total funds £ - 3,813 - - - - 14,931 1,670 1,412 21,826 Balance c/f £ 224 - (3,987) 7,146 1,990 - 5,373 |
|---|---|---|---|---|
Fund name
Leeds Community Foundation Leeds Inspired
DWP Access to work Youth Music - Recharge
Purpose of restriction
Inclusive ensemble in partnership with Leeds Conservatoire. Family Choir – Singing back to health. Weekly family singing sessions for inpatients, community patients and their families and NHS staff.
DWP funding for disability related support. This grant is paid in arrears. Recharge Fund to boost charities in their recovery after Covid. Covering some core costs and some money to pay freelancers to think strategically about the direction of Made with Music.
LCC Arts@Leeds Core costs to develop charity. Leeds Conservatoire Funding towards the LCF Inclusive ensemble.
4 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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