## 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**
1
## 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.
2
## 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.
3
## 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)
4
## 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
5
## 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|
|---|---|---|---|
6
## 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)
7
## 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.
8
## 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.
9