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2022-03-31-accounts

MUSIC FOR THE MEMORY

CHARITY NO: 1178578

CIO

TRUSTEES ANNUAL REPORT – 1 APRIL 20201-31 MARCH 2022

Purpose of the Charity

Music for the Memory (MFTM) exists to provide access to a fun, free and no obligation singing programme for those living with memory issues, including the elderly, those diagnosed with dementia and their carers. During Covid restrictions last year, the ability to change the way in which MFTM operated, in order to maintain its commitment to the community has undoubtedly guaranteed its survival and, thereby, its potential to flourish post Pandemic. Live sessions have resumed but in addition we also live stream these sessions via Zoom, enabling those unable to get to us to continue to access the service.

Funding

National Lottery Funding:

Towards the end of the previous period, MFTM was awarded funding from the National Lottery Community Fund. The purpose of the grant was to enable the charity to continue to develop connections with people in our community. The money was allocated to two specific areas.

Due to covid restrictions it was not possible to spend this money within the time period of the grant, however the National Lottery has allowed an extension into 2023.

East Sussex Community Fund

We were awarded a grant of £4,000 to purchase equipment to improve the experience for our clients in both live and zoom sessions . this grant was fully spent and the new equipment has made a big difference for our clients.

Other Fundraising:

Personal donations and a variety of individual sponsored activities accounted for the remaining income.

Volunteers

With live sessions restarting in this period the role of volunteers has been crucial. We had a total of 8 volunteers, including Trustees who were very hands-on at the sessions.

During this period we have also started to pay a self-employed professional singer to lead the singing sessions.

Music for The Memory Financial
Statement
April 2021-22
OPENING BALANCE £16,082.75
INCOME SUMMARY 2021-22 Amount
Cash Donations £721.74
Other Donations and Credits £1,289.17
Sussex Community Fund £4,000.00
TOTAL INCOME £6,010.91
EXPENDITURE SUMMARY 2021-22
Professional Singing Fees £1,860.00
Venue Hire £95.50
Taxi Hire for Members £86.20
Website/Subscriptions/Insurance £506.44
Volunteer expenses £706.83
Printing and Postage £1,306.13
Annual Grand Pad hire for member £719.40
Equipment Purchases £3,914.81
(for Zoom/Streaming/IT equipment
etc)
TOTAL EXPENDITURE £9,195.31
CLOSING BALANCE £12,898.35