Charity regisiraiion number.. 1182196
Music24
Annual Report and Financial 8tatem¢nts
for the Year Ended 31 March 2024
Comn)unily ALcounling Plus
Uniis l & 2 North West
41 TalLx)i Street
Noitingham
NGI 5GL

Music24
Contents (continued)
Reference and Administrative Details
Truste¢s' Report
2to4
Statement of TTU5tee5' Respon5ibilitie5
Independent Exaininels Report
Statement of Fii)ancial Activities
7t08
Balance Sheet
Notes to the Financial Ststements
IOto20

Music24
Reference and Administrative Details
Trustee5
lan Begg
Thomas William Morley Johnson
Tracey Brennan
Kevin Allchome
Senior Management Team
Teela Hughes: Chief Execiitive Officer
GTaeme Davis, Lead Music Therapist
Charity Registration Number
1182196
Principal Office
The Hat Factory Arts Centre
65-67 Bute Street
Luton
Bedford5hire
LUI 2EY
IndepeDdellt Examiner
John O'Brien, employee of
Community Atcounting Plus
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL
Page I

Music24
Trustees, Report
The tiustees present the annua] report together with the financial statements tsf the charity for the year ended 31
March 2024.
Truste¢5 and officers
The trustees and officers serving during the year and since the year end were as folloivs..
Trustees..
John Ley (resigned I l June 2024}
lan Begg (appointed 3 October 2023)
Julia Claire Rentoii (resigned i October 2023)
Diana Pook (resigned l June 20231
Thoinas Williatn Morley John50n
Tracey Brennan
Kevin Allchorne (appointed l O April 2024)
Objectives and aetivitieg
Objeel.f ttiidoim.s
l ) The relief of Iieed for the people in particular but not exclusively iii Bedfordshire and Hertfordshire by reason
of ill-health or mentsl or physical disability by therapeutic mea]is, in particular: thouuFh not exclusively, by the
provision of music therapy and other music related activities to improve quality of life for those people.
2) To proTnote social inclusion among people who are socially excluded from society, as a resiilt of their mental
or physical ill-health or disability throu¥h the development and delivery of art5-based activities aiid experiences
iiicludiiig but not limited to music and Singin
Public benefil
Music?4 is dedicated to prL)moting inclusive music making and shaping the future for vulnerable and isolated
communities to access creative anivor thergpeutic opportunities.
Music24 currently provides various creative and therapeutic services and activities 10 people in Bedfordshire &
Hertfordshire. Our main areas in Bedfordshire are.. Luton, Bedford, Biggleswade & Leighton Buzzard; and in
Hertfordshire.. Watford. Wel￿nIHatr1e1d. Stevenage and Cheshunt.
Our various activities in¢luded pri)viding creative musi¢ therapy groiips and l.. I music therapy, community
choir5 and siiigFingJ cafes. The support Miisic24 provides iTnproves the qiiality of life for people with disabilities,
their carers, aiid the wider conimunity. The activities help to improve participaiits, physical, meiital ai)d
emotional wellbeing.. building resilience widiin these communities., they would otheTwise be excluded from
meeting new people and accessing music and other creative opportunities, and these activities strengthen wider
social support netsYork5.
The aciivities provided improve the quality of life for people with disabilities. their carers. and ihe wider
comn)unily. The activities help to improve participants, physical, Inenthl and einorional wellbeing.. building
resilience within these communities; they w'ould oiherwise be excluded froin n)eeting i)ew people and accessing
music and other ¢re81ive opportunities, and ihese activities strengthen ￿lder social suppoff networks.
The Trustees confirm that they hgve complied with the requirements of section 17 of the Charities Act 2011 to
have due regard to Ihe public benefit guidance published by the Charity Commission for England and Wales.
Page 2

Music24
Trustees, Report (continued)
Achievements and performance
Tlie Trustee5 of Mu5ic24 are pleased to report on the continuing success of charity. Music24 has ¥rown at a
substantial rate over this financial year and looks forward to an excitinu fiiture ahead! The year focused on
expatjding support services, as well a5 furtlier strengthening the org7anisational Structure of the charity, tliereby
securing the fiiture of Music24. One notable developineiit was the expansion of Music24'5 work in Bedford
supporting people who are elderlylfrail.
For Mugic24, 20?3-24 was the first yeai on the Arts Council England National Portftslio Organisation laka.4CE
NPO} Investment piogiainme foi the charity. This 3-ytar programme NPO siipport is vital to the ¥rO￿th and
secuiity of the charity as it will help to iiurture the chaiit), for the future and tnaintaiii and develop our work. It
will further suppvrt the Lharity to remain ainbitious and 'think bigger,.
Becoming an ACE NPO has been instrumental in helping Music24 Iransfomi its organisational structures which
will be essential to ensuring the future grO￿￿h and viability of the charity. This has entailed the SMT and Board
adopting ACE-S robust quarterly reporting requirements which has greatly strengthened the charity-s strategic
planning and the Board's ongoing development. In addition. it has directly contributed to Music?4 having a
growing influence and involvement within the Arts & Culture sector, particularly in Luilin. and being involved
in strategic sieering groups. This involvemeni has helped to raise the profile of the 'Arts & Disability, and the
role ihat the arts can play in improving health and wellbeing.
Musi¢24 was also success￿1 in s¢ciiring three years match fiinding from The National Lottery Community Fund
(TNLCPI. This hgs been Secured to fvnd core salaries as well as delivery of Current and iiew work. Therefore,
ACE and TNLCF now fund approximately a third each of the chgrity's outgoing for the next three years. As a
result of this funding, Music94 looks to expand its services over the coming years to reach 800 people, 350 more
than we cutTently reach.
The SMT will focus on Music24's upcoming 10th Anniversary, officially iii April 2024, by focusin£ its energies
on running a Celebration evenin& iii June 2024, as well as a large scale recording project at Abbey Road
Studios involving 60 performers singing an original song as a choir. The choir will be made up of service users,
carer5, Staff and volunteer5. The project will fotyn part of our Christtna5 2024 campaign and we will be releasing
a i-track EP it) November 2024.
Celebrating this huge n)ilestone means a lot to those that work for Music24 and those tl)at are supported by the
Lharity. These events are expected to rdi5e aw'areness of the Lharity and open doors for sponsorships and
corporate partnt￿hlps, which is a new vei)ture for the charity but a highly welcoined development.
Highlights..
Successfully adLlPting & meeting all ACE NPO reporting requirements. including audience insights and
participant feedback.
We continue to hold an annual Dementia-friendly Carol Service in Hatfield and in December 2023 welcomes
198 guests from the local community, including community partners, local business and people of all ages who
ere external to the charity's curreni reach.
Over the year, in addiiion to our ongoing work, we began a new Singing Cafe in Bedford.
Music24 has attracted new Trustees that bring fresh energy and a wealth of experience with them. The Board is
now a lot more proactive in supporting SMT to build the back-office ￿nCtiOnS of the charity.
Page 3

Music24
Trustees, Report (continued)
Financial rei'iew
Music 24,5 2023124 accounts have been prepared on an Accrual Basis which is a change from previous years k)S
Music24 has now SUTpa5sed the £250k threshold.
Income & Expenditure
The Income received was £282.140 compared to £183,403 iii the previous year. Tliis significant difference has
occurred due to the charity growinbF a considerable amowit due to neiy llive5tinet]t fi￿dIng that is helping us to
expand oui activities.
In the same period. expenditure increased to £321,388 against £219,886 in the previous year. This reflects the
significant growth of the chaiity and the new aLtivities that took plaLe during 2023-24.
Policy on reserves
Musi¢24 aims to build reserves so it ke¢ps a minimum of 3 months running costs to provide more security for
the charity. Miisi¢24 is looking to increase oiir reserves so it is in-k¢cping with the charity'% grO￿th biit realis¢
this might be difficult when building the team and its capabilities. Musi¢24 SMT is Confident that there are a
nuinber of ways to build reserves, particularlv diie to the charity receiving reglllar unrestricted funding. The
BoaTd is aware of this, theTefore cost cutting strategies that don't affect the gromrth have been hi£hlighted. This
SI￿atIOn i¥'ill be monitored in our Board meetings and highlighted in our regular iipdates to our Risk Register.
A5 of 3 1st March 2024, Music24 has £59,357 in unrestricted futjds (free reserve5).
Structure* governance and management
alure of&yoverning dvcumellt
The charity is operated under the iules of its CIO foundatioi) constitutioi) adopted 19th February 2019. last
amei)ded 01) 14th June 2022.
Recruilnienl and uppoinlmen¢ of iruslees
The trustces of the Charity follow the Charity Commission guidance on the m¢thods adopted for the recniitment
and appointment of new trnstees.
Musi¢24 has introduced a 'co-opt' strncture which allows prospective twstees to gttend meetings in order to
learn about the charity and see if the opportunity is one they wish to piirsue. The cfropted members can attelld
meetings but are non-voting members. They may have a specialist interest and support the Board in an advisory
capacity. It ca]1 also be used for trustees that wish to step down from the fiill responsibility of being a trustee for
the charity biit Still M'ish to support the Board and the charity 5 developineiit. Tliis inodel is popular with people
that have carin¥ resp0115ibilities and other cominitments.
Page 4

Music24
Statement of Trustees, Responsibilities
The trustees are responsible tor preparing the tiustees, ieport and the tinancial stateinents in aLcordan¢e with the
United Kingdom Accounting stand￿d$ (United Kingdoin Generally Accepted A¢countin¥ PraLtice) and
applicable law and regulations.
Th¢ law applicable to charities r¢quires the trustees to prepar¢ financial statements for each financial year which
give a trne and fair view of the %tate of affair% of the charit), and of the incoming resoiirces and application of
resources of the charity for that period. In prcpgrinq these financial statements, the triistees are required to..
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent;
state M'hether applicable accountln¥ 5tandard5 have been followed, subject to any rnaterial departures
disclosed and explained in the financial stateinents", and
prepare the financial statements on the going concern basis unless it 15 inappropriaie to presume thgt the
chariry ￿lI1 continue in business.
The trnstees are responsible for keeping Proper accoiinting records that disclose with reasonable accuracy at any
time the financial position of the charity and eiiable them to en5llre that the financial statements compl), with the
Charitie5 Act 2011, the Charities (Accoiiiits and Report5) Re&Tulations 2008. and the provisions of the
constitiition. The trLiStee5 are also resp0115ible for safe¥iiarding the assets of the charity and hence for takin¥
reasonable 5tep5 for the prevention and detection of fraud and other irregFularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislaiion governing the preparation and dissemination of
financial stsiemenis ma}, differ from legislation in otherjurisdictions.
Approved bv the trustees of the charity on 3011012024 and signed on its behalf by..
Thomas William Morley Johnson
Trustee
Page 5

Music24
Independent Examiner's Report to the trustees of Musie24
Itldependent exarnitLer'5 report to the trustees of Music24
I report to tht trustees on in> examination of the accounts of Music24 {the Charity) for the year ended 31 March
2024.
Responsibilitie5 and basis of report
As the trnstees of the charity you are responsible for the preparation of the ac¢ounts in accordan¢e with the
requirements of the Charities Act 2011 (the Act')-
I report in respect of my examination of the Charity's accounts carried oiit under section 145 of the 2011 Act
and in carry'ing out my examination I have follo￿.ed all the applicable directions given by the Charity
Commission under section 145{5)(b) of the Act.
llldependent exarnitler 5 Staternent
Since the Chariiy's gross income exceeded £250.000 your examiner must be a member of a body listed in
sectilin 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
and Felloiv of the Association of Charity Independent Examiners, which is one of the listed bodies.
I have compleied my examination. I confimi that no matters have come to my attention in connectilin with the
examinaiion giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity as required by Section 130 of the Act: or
2. the accounts do not accord with those records: or
3. the accounts do not Comply with the accounting requirements concerning the forni and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a 'true and fair, view ￿'hICh is not a matter considered as part of an independent examination.
I have no concerns and have come acros5 110 other inatters iii connection with the examination to which attention
sliould be drawli in this report iii order to enable a proper under5tandinu of the accouiits to be reached.
John O'Brien Msc, FAIA, FCCA. FCIE, employee of Community Accounting Plus
Fellow of the Association of Charity Independent Examiners
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL
0711112024
Page 6

Music24
Statement of Financial Aetivities for the Year Ended 31 Mareh 2024
Total
2024
Total
2023
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
117,097
52.783
400
117.097
164.6i7
406
4i.270
123,887
16,246
111,854
Total Income
170,280
111,854
28? 140
183,403
Expenditure on:
Charitable aciiviiies
(126.617)
(182,635)
1309.252)
(219,886)
Totsl Expenditure
Net incomel(expendiiure)
Gross tsansfers betw'eeii funds
(126,617)
(182,635)
1309 ?52)
(219.886)
43,669
li9.850)
{70,781)
39,850
(27,112)
{36,483)
Net movement in funds
i,819
(?0.931)
{27.112)
{?6.483)
Reeoneiliation of funds
Total funds brought fonvard
55,538
47,8i I
103,?69
139,852
Total funds carried forwaid
59.357
16,900
76,257
103,369
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdO￿l for the period is shown in note 15.
The notes on pages 10 to 20 forni an integral part of these financial siatements.
Page 7

Music24
Statement of Finaneial Activities for the Year Ended 31 March 2024 (continued)
These are the figures for the previous accounting period and are included for cornparative purposes
Total
2023
Unrestricted
Restricted
Note
Income and Endowrnents from".
Donatioiis and legyacies
Charitable activities
43,270
20,299
43,270
12J.887
16,246
103.588
Other trading activities
Total Income
79,815
103,588
183,403
Expenditure on:
Charitable activities
157,129
1162,757
219,886
Total Expenditure
157,129
1162,757
219,886
Net incom¢l(expenditure)
Gross transfers between funds
22,686
{6,534)
{59,169)
6,534
(36,483)
Net movement in funds
16,152
{52,635)
136,483)
Reconciliation of funds
Total funds brought forward
39,386
100,466
139,852
Total funds carried forward
47.8i I
l OJ,J69
The notes on pages 10 to 20 forni an integral part of these financial siatements.
Page 8

Music24
(Registration number: 1182196)
Balance Sheet as at 31 March 2024
2024
2023
Nute
Fixed a55ets
Tangible assets
i.232
1.199
Current assets
Debtors
Cash at bank and in hand
12
18,406
59,071
8.988
95,585
77,477
104,573
Creditors: Amounts falling due within one year
14
(4.452
{2.403
Net currenl assets
73,025
102,170
Net assels
76,257
103,369
Funds of the Charily:
Restricted income funds
Restricted fllnds
16.900
47.831
Unrestricted income funds
Unrestricted funds
59,357
55,538
Total funds
76,257
103,309
The financial statements on pages 7 to 20 were approved by the trustees. and authorised for issue on
and signed on theii behalf by..
Tracey Brenn
Trustee
The notes on pages 10 to 20 forni an integral part of these financial siatements.
Page 9

Music24
Iyotes to the Financial Statements for the Year Ended 31 March 2024
l Accounting polieies
Statement of eompliattee
'I'hc financial statcincnts have been prepared in accordance with the second ¢dition of th¢ Charities Statement of
Rccommended Practic¢ issued in Octi)ber 2019. the Financial Reporting Standard applicable in the United
KinbFdoin at]d Republic of Ireland IFRS 102) aiid the Cl)aritie5 Act 2011.
Basis of preparation
Music24 meets the definition of a public benefit entity under FRS 102. Asset5 and liabilities are initially
recognised at historical cost 01 tra115actioii value iiiile55 Othetwise stated in the relevant accounting policy notes.
Exemption from preparing a cash f]ow statement
Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement
of Cash Flows within the financial stateTnents.
Going £on£ern
The financial siatemen(s have been prepared on a going concern basis.
The trustees assess whether the use ol. going concern is appropriate i.e. whether there are any material
uncertainties related to events or conditions that may cast sigiiificant doubt on the ability of the charity to
continue as a going concern. The trustees make this assessment iii respect of a period of one year from the date
of approval of the financial siatements.
Income and endown]ents
Voluniary income including donations, gifts, legacies and grants that provide core funding or are of a general
nature is recognised when the chariry has entitlement to the income, it is probable that ihe income will be
received and the amount can be measured with sufficient reliability.
Doiiulion5 and legocie5
Donation5 and legacies are recognised on a receivable basis wheii receipt is probable and the amount Can be
reliably measured.
Grartts rec'elvable
Grants are recognised when the charity has an entitlement to the funds and any condiiions linked to the grants
have been mei. Where perfomiance conditions are attached to the grani and are yet to be meL the income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there is a legg1 or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be megsured reliably. All costs are allocated to Ihe applicable
expenditure heading th81 aggregate similar costs to that category. Where costs cannot be directly attributed to
the particular headings the}, have beeii allocated on a basis consistent with the use of resources, with central staff
costs allocated on the basis of time spent, and depreciation charges allocated 011 the portioii of the asset's Use.
Other siipport costs are allocated based on the spread of siaff costs.
Page 10

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
Chtsriluble QCiivlllÉs
Charitable expenditure comprises those Costs incurred by the charity li) the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary ro support ihem.
Government grants
Govemmeni grants are recognised based on the accrual model and are measured at the fair value of the asset
received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue
are recognised in income over the period in which the related costs are recognised. Grants relating to assets are
recognised over the expected useful life of the asset. Where part L)f a grant relating IL) an asset is deferred. li is
recognised as deferred income.
Tk)xation
The charity is con%idered to pass the tests set out in Paragraph l Schedule 6 of the Finance Art 2010 and
therefore it meets the definitii)n of a charitable compan}, fi)r UK corporation tsx purposes. Accordingly, the
charity is potentially exempt from taxation in respeci of income or capital gains received within categories
covered by Chapter 3 Pgrt 1 l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Art 1992, to the extent that such income or gains are applied exclusively 10 charitsble purposes.
Tangible fixed assets
Individiial fixed assets costing £500.00 or inore are ii)itially recorded at cost, les5 any 5ub5equent accumulated
depreciation and 5ub5equent accuTniilated impaiTment losses.
Depreeiation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected useful economic life as follows..
Asset class
Furniture and equipment
Computer equipment
Depreciation method and rate
200/0 straI￿t line
330/0 StraI￿t lit]e
Trade debtors
Trade debtors are amounts due from Customers for mer¢handise sold or services performed in the ordinary
course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised c05t
Using the effective interest inethod, less provisioii for iinpainneiit. A provision for the iinpainnent of debtor5 IS
established when theTe is objective evidence that the charity will not be able to collect all amounts due
according to the original teTms of the receivables.
Cash and cash equivalents
Cash dnd cash equivalent5 con)prise cash oil hand and call deposit5. and other short-tenn liighly liquid
iiive5tmeiits that are readily convertible to a kiiown k)mOUllt of cash and are siibject to ali insignificant risk of
change in value.
Pagell

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
Borrowings
Intere5t-bearin¥ bO￿Ow1n¥S are initially recorded at fair value, net of transaction costs. Intere5t-bearin¥
borrowings are 5ub5equently carried at amort15ed c05t, with the difference between the proceeds, net of
transaction cost5. and the amount due on redeinption being recognised as a charge to the over the period of the
relevant borrowin¥.
Interest expense 15 recogni5ed on the basis of the effective interest method and is included in interest payable
and siinilar charges.
Boffowings are classified as current liabilities unless the has an unconditional right to defer settleinent of the
liability foi at least twelve inonth5 after the reporting date.
Fund structure
Unrestricied income funds are general funds that are available for use at the trustees, discretion in furtherance of
the objectives of the chariry.
Restricted income funds are those donated for use in a particulgr area or for specific purposes, the use of which
is restricted to that area or purpose.
2 Income from donations and legacies
Unrestricted
funds
GeDeral
Total
2024
Total
2023
Donations and legacies,.
Donaiions from companies, t￿St$ and similar
proceeds
Grants, including capital grants;
Government grants
Grants from companies, trusts, etc
16.926
16.926
38.254
2,671
97,500
2,671
97,500
5,016
117,097
117,097
43,270
Page 12

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
3 Income from eharitable activities
Unrestricted
funds
General
Restricted
funds
Total
2024
Total
2023
Activities contributions
16,9ii
i5,850
16.9i3
35,850
109,854
2,000
Sgles & fees
Grants & donaiiL)ns
Sponsorship
20,299
103,588
109,854
2,000
111,854
164,637
123,887
4 Income from other trading activities
Unrestrieted
funds
General
Total
2024
Total
2023
Fundraising income
406
406
16,246
406
406
16,246
5 Grants and donations
Unrestricted
funds
Restricted
funds
Total fund5
The National Lottery Community Fund
Postcode Community Trust
Harpur Trust
BLCF Luton Recovery Fund
Wixamtree Trust
House of Industry
CBC Active Community Grant
Mrs B L Robin50n Trust
Co-op
HCC HCF Day Opps
Whiibread
Comic Relief
Strangward TnJ5t
Magic Little Grants
Arts Council England NPO
Gift Aid
Ann Rylands Small Donation Fund
Sundji. grants & donaiions
47.500
25,000
8,000
7,000
5,000
i.534
47.500
25,000
8,000
7,000
5,000
2.782
2.342
1,500
1,348
1,000
1,000
500
2,782
2.342
1,500
1,348
1,000
1,000
500
95.000
2,671
2,500
16,926
95.000
2,671
2,500
16,926
117,097
109,854
226,951
Page 13

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
6 Expenditure on charitable activities
Unrestricted
funds
General
Restricted
funds
Total
2024
Total
2023
Accounting Software costs
Activity/Service Costs
AdvertisingPromL)tional
Bank Charges
Computer Costs
DBS Checking
Legal and Profegsional Fees
Insurances
Transaction F¢es
Equipment
otTiceiGeneral Administrative
Eypenses
IT & Phone Costs
Printing, Pogtage and Statioi)ery
Project Managyement
RaisingF futjds
Refreshmeiits
Rent and Room Hire
Repairs and Renewals
Salaries. Nl & Pensions
Sessional Fees
Subscription5
Supervision
Trgvel and Accommodgtion
Freelance Workers
Depreciation
Website
Sundry expenditure
Staff costs
32i
22
i45
280
26,083
1,129
26,083
5,872
512
4,743
512
2,694
2,138
251
250
2,247
42i
501
2.247
440
2i7
655
5,423
576
17
2i7
327
328
914
107
148
255
478
2,391
102
612
53
3,003
155
536
2,350
1.127
1.059
20,425
632
607
1.239
2,125
1,600
36
59,267
3,725
36
122,038
62,771
66,415
42,444
275
1.995
17.346
50,395
361
340
84
1.807
478
2i2
710
9,031
41,361
1,209
16.942
72,656
25,973
114,017
1,209
126,617
182,635
309,252
219,886
Page 14

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
7 Net incorningloutgoing resources
Net outgoin¥ resources for the year include..
2024
2023
tkpreciation of fixed assets
1,209
361
8 Staff costs
The aggregate payn)11 costs were as follows".
2024
2023
Staff eosts during the year were:
Wages and salaries
Social security costs
Pension costs
114,703
4,927
2,408
65,435
980
122,Oi8
66,415
The Inonthly averdge number of persons {including senior management team) employed by the Chaiity during
the year was as follows..
2024
2023
Average number of employees
2 (2023 2) of the above employees parti¢ipat¢d in the Defined Contribution Pension S¢heme5.
Contributions to the employee pension schemes for the year totalled £2,40812023 £980).
No employee received emoluments of more than £60,000 during the year
The totsl employee benefits of the key management personnel of the charity were £85,074 (2023 - £28,249).
9 Independent examiner's fees
During the period, the fees pa)'able (excluding VATI to the charity's independent examiner Community
Accounting Plu5 are analysed as follows..
2024
2023
Independent examination
Other fjnancial services
705
670
287
2i9
992
909
Page 15

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
10 Taxation
The charity is a registered charity and 15 therefore exempt from taxation.
I l Tangible fixed assets
Furniture and
equipment
Computer
equipment
Total
Cost
At l April 2023
Additions
1.806
1.74)
1,806
1,497
At 31 March 20?4
3,551
1,497
5,048
Depreciation
At l April 2023
Charge for the year
607
710
607
1,209
499
At 31 March 2024
1,317
499
1,816
Net book value
At 31 March 2024
2.234
998
i,232
At 31 March 2023
1.199
1,199
12 Dtbtors
2024
2023
Trade debtors
Prepayments
Other debtors
6,235
12,121
50
8,359
629
18,406
8,988
13 Cash and cash equivalenls
2024
2023
Cgsh on hand
Cash at bank
161
58,910
129
95,456
59,071
95.585
Page 16

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
14 Creditors: amounts falling due within one year
2024
2023
Other taxation and social security
Other creditors
2.819
1,633
1.303
1,100
4.452
2.403
IS Funds
Balance at
31 Mareh
2024
Balance at I
April 2023
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
Generul
General
55,538
170,286
{126.617)
{39,850)
59,357
Restricted fuDd5
Luton
Luton- Dementia
Luton- Learning Disability
Luton - Mental Health
Central Beds- Learning
Disability
Ceniral Beds-
Neuro-disability
Ceiiiral Beds- Singing Café
Bedford- Mental Ilealth
4.837
(4.837)
14,737
4,201
5,574
1,789
5,709
3,794
(26.526)
(9,910)
(12,475)
3,107
719
5,000
(9,645)
4,356
430
{905)
508
107
137
4,654
9,000
4.534
25,500
(5,434)
(5,860)
(9.093)
12,802)
(29,333)
(7,960)
(7,090)
(11,708)
(5,804)
(752)
(i8,243)
6,202
698
266
930
280
2.662
3.913
866
Bedford- Singing Cafe
Herts- Dementia
2.294
10,326
858
5,452
(1,500)
3,201
500
H¢rts - Learning Disability
Herts - Mental Healih
Herts - Singing Café
Outreach - Education
Outreach - Training
M24 - Project Overheads
3,031
245
6,734
7,793
(930)
7,041
1.463
38,706
1,000
Total restricted funds
47,831
111,854
{182,635)
39,850
16,900
Total funds
IO),369
282,140
{309.252)
76,257
Page 17

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
Balance at
31 March
2023
Balance at I
April 2022
IncorniDg
re50uree5
Resources
expended
Trallsfers
Unrestricted fund5
Generftl
General
39,386
79,815
(57,129)
(6,534)
55.538
Restricted
Luton
Luton - Mental Health
Central Beds- Learning
Disability
Central Beds-
Neuro-disability
Cei)tral Beds- Singing Café
Bedford- Mental Health
27,51)
4.924
23,000
9,750
(45,676)
(11,567)
4,837
3.107
358
4,621
(4,260)
719
1,365
2,000
2,464
2,389
4,780
15,250
9,722
5,750
13,084
(4,734)
(3,881)
(4.673)
(iO:575)
(6,896)
14,892)
(11,234)
(21,823)
(1,947)
(10.599)
(905)
508
107
Herts - Dementia
17,619
7.500
2.294
Herts - Learning Disability
Herts - Mentsl Health
Herts - Singing Café
Outreach - Education
Outreach - Training
M24 - Project Overheads
858
9,603
28,557
11,453
6,734
7,793
9,740
3,038
1,027
6,534
Total restricted funds
100,466
103,588
{162,757)
6,534
47.831
Total funds
139,852
183,403
{219,886)
103,369
Page 18

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
The specific purposes for which the funds are to be applied are as follows..
The specific purposes for which th¢ funds ar¢ io be applied are as follows..
Luton - The purpose of this fund is to support our service provision in Luton, in¢lllding working with Dementig
in groiips and l.. I, Mentsl Health & Learning Disabilities. We pay for facilitator fees, room hire, volunteer
expenses and staff travel.
Dementia
Fiinds for a demet]tia setvice are used to rllt] our series of community music programmes. We pay
for facilitator fees, rooin hire. voliinteer expenses and staff travel.
Leaming Disability - The purpose for this fund 15 the provision of services to adults with leaming disabilities.
We pa), for facilitator fees. room hire, volunteer expenses and staff travel.
Mental Health for oiir creative music programme. Mind Our Music, 51lPPOrting people with various mental
health Conditions. We pay for facilitator fees, room hire, voluiiteei expenses and gtaff travel.
Neiiro-disability
for our project, The Neurotones Choir, supporting people with various neurological
Ltsnditions. such as Stroke and Parkinsons. We pay for facilitator fees, room hire, volunteer expenses and staff
travel.
Singing Cafe
for our programme supporting people with who are elderlylfrail and socially isolated. This
prograinme focuses on creatiii¥ social groups and usin¥ singin¥ for wellbeing. We pay for facilitator fees, room
hire. volunteer expenses and statytravel.
Education
for our educational programmes, where we support people to understand and man￿e their own
wellbeing.
Training
for our training programmes supporting healih and social care professionals and local
creativeslartists.
Project Overheads
This fund supports various overheads and expenditure that supports the running of the
charity. This includes project management and admin fees, storage, accountancy and consultancy fees and
general office expenses.
TheTe are a number of traiisfers be￿.¢en restricted ￿ndS this year, the PUTP05e of which is to more closely
reflect the specific restrictions placed 01) the funding.
The transfer from the Generdl fui)d to a i)uinbei of restricted funds is to cower the deficits on these activities.
16 Analysis of net assets between funds
Unrestricted
2024
Total funds
General
Restricted
Tangible fixed assets
Current assets
Current liabilities
i,232
60.577
(4,452)
16.900
77.477
(4,452)
Total net assets
59.357
16.900
76,257
Page 19

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 (Continued)
Unrestricted
2023
Total funds
General
Restricted
Tangible fixed a55ets
Current assets
Current liabilities
1.199
56.74?
(2,403)
1.199
104.573
(2,403)
47.8i I
Total net assets
55.5i8
47.831
l Oi,369
17 Related party tran5actlOn5
There were no related party transactiL)ns in the year.
18 Trustees rernuneratioll and expenses
No trustees, nor any persons connected with them, have received ally remvneration from the chariry during the
year.
No thistee5 have received any reimbursed expenses or any other benefits from the charity durin¥ the year.
Page 20