Music for The Memory Annual Report and Financial Statement April 2024-March 2025
FINANCIAL STATEMENT
| FINANCIAL STATEMENT | ||
|---|---|---|
| OPENING BALANCE | £4,031.72 | |
| INCOME SUMMARY 2024-25 | Amount | |
| Donations and Fundraising | £6,193.08 | |
| Event Contributions/Credits | £ 806.00 | |
| Park Holiday Sponsorship | £5,000 | |
| Rother Community Lottery | £ 129 | |
| TOTAL INCOME | £12,128.08 | |
| EXPENDITURE SUMMARY 2024-25 | ||
| Professional Singing Fees | £2,220.00 | |
| Venue Hire | £1,873.50 | |
| Website | £1,053.00 | |
| Subscriptions/Insurance/Publicity/Admin | £888.00 | |
| Member events | £2,016.14 | |
| Equipment Purchases | £333.47 | |
| TOTAL EXPENDITURE | £8,384.11 | |
| CLOSING BALANCE 31st March 2025 | £7,775.69 |
ANNUAL REPORT
Membership numbers have increased slightly over the past year and have stabilised around 45 with 40 regularly attending each week.
There have been no changes to Trustees in this year.
Sponsorship from Park Holidays has provided a level of financial security which has given Trustees confidence to consider expanding our services.
We have been able to provide additional events for our members including a significantly discounted Christmas lunch and a free tea party, both of which were very well attended and very much appreciated by members.
Our service could not be provided without our fantastic volunteers. They have been very loyal and we finished the year with the same 5 people that we started the year with and gained 1 new person.
For next year we plan to start a new session in a different venue to enable more people to access the service.