Charity regisiraiion number.. 1182196
Music24
Annual Report and Financial 8tatem¢nts
for the Year Ended 31 March 2025
Comn)unily Accounling Plus
Uniis l & 2 North West
41 TalLx)i Street
Noitingham
NGI 5GL

Music24
Contents (continued)
Reference and Administrative Details
Truste¢s' Report
2to6
Statement of TTU5tee5' Respon5ibilitie5
Independent Exaininels Report
Statement of Fii)ancial Activities
9t0 10
Balance Sheet
Notes to the Financial Ststements
12to23

Music24
Reference and Administrative Details
Trustee5
lan Begg
Tracey Brennan
Kevin Allchorne
Jacqueline Harding
Stephen Hayes
Teela Hughes, Chief Executive Officer
Graeme Davis, Lead Music Therapist
Jenna Harris, OperatiL)nal Lead
Senior Management Team
Charity Registration Number
118?196
Principal Office
The Hat Factory Arts Centre
65-67 Bute Street
Luton
Bedfordshire
LUI 2EY
llldependellt Examiner
Eva Stevens, employee of
Coinmunity Accoiintin¥ 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 2025.
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
Thotnas Williatn Morley Johnson (resigned 19 March 2025)
Tracey Brennan
Kevin Allchorne (appointed l O April ?0241
Jacqueline Harding (appointed 20 November 2024)
Stephen Hayes (appointed 21 May 9025)
Daniel Beacock (appointed 21 May 2025 and resigned 19 November
20251
Obje£tiYes and activities
Objtets andulms
l) The ielief of need foi the people in particular but not exclusively in Bedfordshire and Hertlordshire by reason
ot ill-health or mental or phvsical disability by iherapeutic means, iii particular, though not exclusively, by the
provision of music therapy and other music rela￿d aciivities 10 improve quality of lite lor ihose people.
2) To promoie social inclusion among people who are socially excluded from society. as a resuli of iheir menial
or ph}'sical ill-health or disability through the development and delivery of arts-based activities and experiences
including but not limited to music and singing.
Public henefil
Music24 15 dedicated to proinoting inclusive music mak'iiig and shaping the futhre for vulnerable and isolated
cominunities to access creative a]i(Vor therapeutic opportunities.
Music24 cu￿entlY provides various creative and tlierapeutic services and activities to people iii Bedford5hire &
Hertford5hire. Our maiii areas in Bedfordshire are.. Luton, Bedford, BiggFlesM'ade & LeigFhtoii Buzzard: and in
Hertford5hire'. Watford, WelwynlHatfield: Stevena¥e and Cheshunt.
Our various activities ii)¢luded providing creative music tl)erapy groups and I.. I music therapy, community
choirs and singing cafes. The support Music24 provides improves the quality of life for people with disabiliiies,
their carers, and the ￿'Ider comniunity. The activities help io improve panicipants, physical, mental and
emotional wellbeing- building resilience within these communiiies", the!, would otherwise be excluded from
meeting new people and accessing music and other creaiive opponunities, and ihese activiiies strengthen wider
social support neiworks.
Page 2

Music24
Trustees, Report (continued)
The activities provided improve the quality of lite for people with disabilities. their carers, and the widei
community. The activities help to improve participants, physical, Inental and einotional wellbeing," building
resilience within these communities; they would vtheiwise be excluded froin meeting iiew people and accessing
music and other creative OPPLlrtunities. and these activities strengthen wider social support networks.
The Trusiees confirm that they have complied with the requirements of seciion 17 of the Charities Aci 2011 to
have due regard io ihe public benefit guidance published by the Charity Commission for England and Wales.
Structure* governance and management
Nulure ofgovernimg drfKumeni
The charity is operated under the rules of its CIO foundation constiiution adopted 19th February 2019, last
amended on 14th June 2022.
Recruilmenl andappoinlnwnl of iru51eeJ
The tru5tee5 of the Charity follow the Charity Comrnission guidance on the methods adopted for the recruitment
and appointment of new trllstee5.
Musi¢24 has introduced a 'co-opt' stiiicture w'hich allows prtsspettive trustees to attend ineetings in older to
learn about the Lharitj and see if tht opportui)ity is one tl)ty Wish to pursue. The co-opttd members can atttnd
meetings but are non-voiing members. They may have a specialist In￿reSt and support the Board in an advisory
capacity. It can also be used for trustees ihat wish to step down Irom the full responsibility ofbeing a trustee lor
the chariti, but still wish to support the Board and the chariiy's development. This model is popular wilh people
thai have caring responsibilities and other commitments.
AchievemeNt5 performance
The Trustees of Music24 are pleased to report on the continuing success of charity. Music24 has continued its
grO￿th over this financial year and looks fonvard to an exciting fuiure ahead! The year focused on expanding
support services, as well as further sirengthening the organisational structure ot the charity. thereby. securing the
fiiture of Miisic24. Musi¢24'5 M'ork has expanded to include 2 new Singin£ Café's, Ampthill & Flitwick. These
grou￿ support the elderlylfrail and specifically target isnlatioii & lonelines% and increa%ing S￿la7 engagement.
The organi%ational striicture has significantly been strcngtheiied by the appoilltment of 2 new positions, an
Events Manager & gn Operations Manager.
Music24 hds suLce5sfully coinpltted its 2nd year on the Arts Council England National Ptsrtftslio Or¥anisation
(aka ACE NPOI Investineiit pro¥ramine. This programme contiiiues to play a vital role iii supportin¥ the ¥roM¢h
& Security of the charity d5 Thell d5 enabling Music24 to play a greater in the overall creative directioii of Luton
throu¥h our involvement in the Lllton Arts & Culture Strategy Forum as well as leading on the Luton Arts &
Culture Wellbeing sub-group.
Music24 successfully celebraied its l Oth Anniversary by running 2 major events,. a Celebration evening in June
2024,. a large scale recording projeci at Abbey Road StudiLlS involving 60 performers singing an original song as
a choir. The chliir was made up of service users, carers, staff and volunteers. The recording was released in a
"sharing event at The Luton Library Theatre in Dec 2024. People aitending included all those involved in the
project, people associated with ihe charity. local dignitaries, politicians and other supporters.
Page 3

Music24
Trustees, Report (continued)
Highlights..
Assisting in a bid to make Hertfordshire the second 'Dementia Centre of Excellence, in the coui)try during the
latter half of 2024-25, alongside Age UK Herts, Herts Care Providers Association (HCPA} and Herts County
Council. The rwo-year project is due ro commence in June 2025.
We continue to hlild an annual Dementia-friendly Carol Service in Hatfield and in December 2024 welcomed
216 guests from the local community, including community partners. local business and people of all ages who
were external to the chariry's current reach.
Successfully completing celebratory events for Music24's 10th Anniversary, including recording an original
song at Abbey Road Studios and releasing it gs a 3 track EP.
Over the year, in addition to our ongoing work, we began two new Singing Cafes in Ampthill & Flitwi¢k and
are due to set up a new one in Hitchin in April 20?5.
Music24 ha5 attracted three new Trustees that will bring fresh energy and a wealth of experience with them. The
BoaTd continues to be very proactive in supporting SMT to build the back-offjce functions of the charity-
Chair's Report
Musi¢?4 was established in 2014 with the aim io support people affected by ill-health an(Vor disabiliiy through
the PL)wer of music. Ils mission has been to transform the lives of people with a learning disability,. mental
ill-health, dementia and more recently through singing cafes to reduce loneliness and isolation. Over the last
year we have seen this vision continue to be realised.
As Chair and on behalf of m). fellow Trustees, I ￿.1$h to take the opportiinity to celebrate the successes of the
charity and acknowledge the work of everyone involved in making this happen.
We are so fortunate to have the most amazing leaders in their field at the helm of Music24. 1 O years ago,
together, our CEO, Teela Hughes-Davis, and Co-Founder and Lead Therapist. Graeme Davis, had the idea to
create a chgrity to support our community and with their drive and commitmellt, their vision has turned inio
what Music24 is today.
10 )ears on and feela, GTaeme, and the board of trustees have used the last )'ear to consider the ￿tUre
aspirations for the charity and worked to(Tether to establish a strnctured management team that will 5UPPOrt the
gro￿th and assist in creating a sustainable organisation for the fLi￿re. This year we welcomed Jenna Harris and
Anna Rowitree to the Senior Management Team ISMD and already have seen hom. their roles have enhanc¢d
the back-office functioning. enablii)LF Teela and Graeme to concentrate on buildit]gF on the 5trategFic directioii of
Music24.
In addition to the SMT, the Board of Trnstees has also seen Changes. Toin Joi)50n, a founding Trnstee and iny
predecessor as chair. stepped down from the Board. Whilst we were Sad to see hin) go, we are ¥rateful fur his
contribution to the or¥anisation over the last 7 )'ear5. We have also welconied a iiew Trustee, Jacqui Hardin¥ to
the Board. Jacqui's knowledge and experience has already been helpful in creating links with Luion-based Desi
Fest, resulting in them naming Music24 as their Charity of the Year for 2025126, supporting with fundraisii)g
elTorts and helping to I'urther raise the awareness to our work.
Page 4

Music24
Trustees, Report (continued)
For this next year. we will continue to develop tsur SMT and Board with the recruitment of a new administratoi
to support the team and two i)ew potential Trustees who are due to jtsin us imminently, Lreatin¥ a tl)riwing B0￿d
of si.x Trustee5.
In temis of delivery, there have been the addition of six new support groups enabling more people from across
Luton, Bedfordshire & Hertfordshire to experience the joy music can bring. This h&s also created an opportunity
to recruit several new team members. Having now attended a number of the groups, I have seen first-hand how
our ialented therapists and community musicians continue to lead the way in ensuring the sessions are creative,
engaging and. most importantly, fun for all our participants. Our sessions are also unable to operate as
efficiently wiihout our brilliant session support workers who are always on hand IL) help. A very special thank
you also goes out to our amazing volunteers. To everyone
your commitment: enthusiasm and passion for
Musi¢24 and its vision is ineredibly valued and appreeiatedl
As well as delivering more through oiir cor¢ outreach within the ¢ommuniry, with the support of the Board,
Musi¢24 has been succes%￿1 in diver%ifying it's delivery. The sii¢cess of delivering several training programmes
over the last year has created new opportiinities. This has been the catalyst for Teela and Graeme to create a
more fomialised way of sharing their extensive knowledge and expertise M'ith others. We are theTefoTe pleased
to annoiince that over the next year, Music24 has other exciting projects that will biiild on this work in the
pipeline. One of these is workiiig in partnership with Age UK Herts and Hertfordshire Care Providers
Association to create a training programine for care staff to be implemented in 100 care homes in Hertfordshire.
This funding, from 'The Power of M115ic', will help us to transfomi dementia care, making Hertfordshire the
second 'Music in Dementia Centre of Excellence, in the country, followiTlb Manchester becoming the fiTSt i
2022.
Witnessing the growth in the delivery of sessions and developing exciting new projects is a direct result of the
strengthening of the SMT and Board. This relies greatly on the skill of both Teela and Graeme who continue to
seek further funding opportunities. Securing funding in a voluntary sector competing to create sustainability is
challenging and )et Teela and Graeme have continued 10 work their magic. and we are working with some
amazing national and local funders to ensure Music24 continues to thrive. Alongside the funding acquired
through bidding processes, thanks also go to those who have fundraised for Music?4 andlor donated to our
cause - this ongoing support and faith in us is also incredibly invalugble.
In additioii to the developinents already outlined, 2024 was the charity's l Oth Anniversary and we all celebrated
in style. In May. after many rehearsals, the recording of 'Sing Together, took place at the world-reiiowned
Abbey Road Studios. This was a song written for and by service users and both the creation and recording of the
song was a highlight for those who attend our sessions.
Then in June. we held a celebration event for people w'ho use our services, staff, volunteers and sponsors, with a
special vi51t from one of our PatTolls, Briiidle}' She￿att, who perfoTmed for those in attendance. It was certainly
a f.ant￿tle party and a great wdy to celebiate this hu¥e milestoi)e to¥etl)er.
Page 5

Music24
Trustees, Report (continued)
In November, the 'Sing Together, recording was launched on all major streaming plattomjs and at our EP
LauiiLI) Party. we premiered the trdcks oltiCl1< I music video and ai) accompanying short filn) talled 'The Making
of Sing Together, that talked about the project from inLeptivn to the final recording da} at Abbey Road. The
event was attended by all Ihose involved in the project, siaff. volunteers. partners and Colleagues, as well as a
number of digniiaries, including The High Sheriff of Bedfordshire. Bav Shah, and Deputy Lieuienant, Liz
Toogood. amongst other special guests.
In January 2025. Music24 was shortlisted for a 'Luton Rising, award and we were invited tl) attend an event at
Luton Hoo. Whilst we did not win the award, being shortlisted and runner-up really was a great achievement.
Over the last year we have also welcomed a number of visitors to participate in sessions. Rachel Hopkins MP
particularl). enjoyed sharing her rendition of -New York. Nem, York. ￿'1th Teela at our Dementia Group in
Luton. Finally, in March, Teela repre%ented Miisic24 at an event where she inet King Charles. This was
definiiely the most perfect way to end an amazing 10th year.
We have one other piece of exciting news. We are thrilled to share that Teela and Graeme will soon see a new
addition to their family. Teela is diie to give birth it] July and i¥'ill be on inatemity leave into the new year.
Whi15t she will be missed, it will be business as usual for Music24. We ￿lsh them all the best, whilst she takes a
much-needed break and embraces motherhood.
Finally, l am so proud to be Chair and part of Music24 and be able to share my thoiights and feedback about this
ainazin¥ orgTani5ation with you all in thi5 way. I would like to thank EVERYONE who in Some way has been
part of the Music24 family this year. It has certainly been one to remeinber!
Financial revieTrv
Music24 ha5 secured £154,507 in re5triced funding and £150,162 in unrestriced fundin¥ durin¥ this fii)aiicial
year inaking a total of £304,669. We have Secured £10,000 from one inajor doiior. Donations withiii sessions
iiicreased by J7Q/o to £2i,173.
Overall. L)ur income increased by 29/0 compared to the previous year. Despite ihis. we were approximately £40k
from reaching our fundraising target. We therefore aim to make up for this in 2025-26.
We were left with a deficit of £8,987 for this financial year. We therefore need to focus on bringing in more
unrestricied funding to build reserves and undergo cost cuiting where necessary, despite an approved salary
increase and freelance fee restructuring from sessional fees 10 hourly raies of pay - due to take effeci in April
2025.
The SMT is please that they have introduced new roles that make the organisaton stronger. namely an
Operational Lead, ￿h1¢h has tranfornied the charity's back office management. This has also taken the pressure
off of other senior members.
Music24 fiinded projects from it's unrestricted income to the value of £67,051 during this financial period.
Pvlicy re&erve
Music24 aiTns to build reserve5 SO It keeps a minimum of i n)onths runiiing costs to provide more security for
the charity. Music24 is looking to increase our reserves so it is in-keeping with the charity's growth but realise
this Inight be di￿]cult when building the team ai)d its capabilities. Music24 SMT is confident that there are a
number ol. ways to build reserves. particularly due to the charity receiving regular unrestricted funding. The
Board is aware of this, therefore cost cutting strategies that don'i affect the groivih have been highlighted. This
situation will be monitored in our Board meetings and highlighted in our regular updates to our Risk Register in
order to mitigate funher issues.
Page 6

Musie24
Slsltment of Trusieey, Responsibilities
The trusi¢es arc rcspottsiblc (or pr¢pwin8 the trustees, rep)rt gnd the ruw￿191 slgtemcni% in acc(yrdAnce ihe
iicd Kinodom Accounilng SionilHr&s (Unii¢d Kin8doTn G¢nLryally AELLVrd Awouotin8 Ptadic<) atKI
ppIic8ble I&w 9nd re￿1]AtIOns.
Tbe law applic&bl¢ lo ch￿Iti¢5 requI￿S the truslees lo prep8r¢ f￿anCIsI slatancDts f[￿ each fmoncial year
IVL JA itu¥ fuit vi¥w vf Jtstll of affai[5 of th¢ ¥hatity an¥J of thr iniorniDs and application of
oll￿ OT Il)c charity for that p¢riod. In pr¢p8ring thes¢ f￿ancial slalcments. Ibe truslees 8r¢ Tequired lo:
s¢lcd suitable accounting policics gnd thcn Apply thcrn consislcntly;
obseNe the methods and principle5 in the Charitics SOIiP:
m8ke judgements and ￿￿1￿81¢$ that are reasonable and pnthlll:
stale whcthcr applicablc accounting slandards have been followed Subject to any maierial deF*arn￿5
disclosed and explained in thc 5th1cm¢nts", ano
prcpat¢ the fiDan¢iol stAt¢mcnts on the soin8 c(>ne¢m basis unlus it is illapptopriate to presumr
chanty will ¢(￿¢￿Ve in b￿lneSS.
'l]Je lrnsttts ate responsible for keeP￿g proper ac¢ountmg rec¢)rds that disclose with re850nable acciw al 8nv
th¢ fmaueial position ofthe ch4rity and ¢tsible them to ensure that the financial $th1cm￿¢S with thc
-hariu&% Act 2011. the Charltles (A￿ounts and Rerons) Regulats"o￿ 2001J. and the proTrisioTrs ot" the
'onsuwiion. The trllgtees gre also re5DODSille for s8feguardtllg the assets of the Charity wnd htne¢ for takiDS
re4soDabl¢ steps for the prev¢ttlion 8nd detedioll of fraud and oth¢r irTrgularitie5.
"ac rvswusiblr fw thr illlLWity of the corporale and fmancial inf(xmaii
'Icluded nn the eharilable compan￿S website. t£gisl2tion governing th& prfpapdtion and dissemin#tiorJ of
"llanGxai stat¢m¢Dts diff¢r from Ic%i51ation in othcr jurijdidiolls.
Approved by the trustees ofthe ¢harity on
Sisued i)n its behalf rji"
"Irusie

Music24
Independent Examiner's Report to the trustees of Musie24
Itldependent exarnitLer'5 report to the trustees of Music24
I report to thE tiustet5 on in> examination of the accounts of Music24 {the Charity) for the year ended 31 Marth
2025
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.
llldepelldent 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 io undertake the examination because l am a member
of the Chartered Institute of Public Finance and Accountancy (CIPFA). 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..
accountin£ 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 concerns and have come across iio 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.
va stevens. E5SC, LPPA. emplo}'ee of Community, Accounting Pliis
member of the Chartered Institute of Public Finance and Accountancy (CIPFA}
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL
2310112026
Page 8

Music24
Statement of Financial Aetivities for the Year Ended 31 Mareh 2025
Total
2025
Total
2024
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
150,162
60.lil
i65
150.162
214.6i8
365
117.097
164,6)7
406
154,507
Total Income
210,658
154,507
365,165
282,140
Expenditure on:
Charitable aciiviiies
(223,049)
1374,152)
(309,252)
Totsl Expenditure
Net incomel(expendiiure)
Gross tsansfers between funds
(223,049)
1374.152)
(309.252)
59,555
167.051)
{68,542)
67,051
(8,987)
{27,112)
Net movement in funds
(7.496)
{1.491)
(8.987)
(27.112)
Reeoneiliation of funds
Total funds brought fonvard
59,i57
16,900
76,257
10?,369
Total funds carried fotwaid
16
51.861
15,409
67,270
76,257
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 16.
The notes on pages 12 to 23 forni an integral part of these financial siatements.
Page 9

Music24
Statement of Finaneial Activities for the Year Ended 31 March 2025 (continued)
These are the figures for the previous accounting period and are included for cornparative purposes
Total
2024
Unrestricted
Restricted
Note
Income and Endowrnents from".
Donatioiis and legyacies
Charitable activities
117,097
52,783
406
117,097
164.6i7
406
111.854
Other trading activities
Total Income
170,?86
111,854
282,140
Expenditure on:
Charitable activities
1?6.617
(182,635
309,252
Total Expenditure
1?6.617
(182,635
309,252
Net incomel(expenditure)
Gross transfers between funds
43,669
139,850)
{70,781)
39,850
{27,112)
Net movement in funds
3,819
130,931)
{27,112)
Reconciliation of funds
Total funds brought forward
55,538
47,831
103,369
Total funds carried forward
16
59,357
16.900
76,257
The notes on pages 12 to 23 forni an integral part of these financial siatements.
Page 10

Music24
(Registration number: 1182196)
Balance Sheet as at 31 March 2025
2025
2024
Nute
Fixed a55ets
Tangible assets
2.023
3.232
Current assets
Stocks
Debtors
Cash at bank and in hand
12
581
10,176
71,879
18,406
59,071
14
82,6i6
77,477
Creditors: Amounts falling due within one year
117,389)
{4,452
Net current assets
73,025
Net assets
67,270
76,257
Funds olthe charity:
Restricted income funds
Rcstrictcd funds
15,409
16,900
Unrestricted income funds
Unresiricted funds
51,861
59,357
Total funds
67.270
76,257
The financial statement5 on pages 9 to 23 were approved by the trustees. and allth0ri5ed for issue on
23101r2026
aiid 5i¥iied on their behalf by..
.1 ruslg¢
The notes on pages 12 to 23 forni an integral part of these financial siatements.
Pagell

Music24
Iyotes to the Financial Statements for the Year Ended 31 March 2025
l Accounting polieies
Statement of eompliartee
'I'hc financial statcincnts have been prepared in accordance with the second ¢dition of th¢ Charities Statement of
Recommended 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 uiile55 Othetwise stated in the relevant accounting policy notes.
Exemption from preparing a cash f]ow statement
Under the ekemption available to STnaller 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 chariTr' h&s 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 10 the grani and are yet to be meL the income is
recognised as a liability and included on Ihe 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 12

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (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 grant5
Govemmeni grants are recognised b&sed 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 Fin￿￿¢¢ 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
Individual fixed assets costing £500.00 or inore are ii)itially recorded at cost, les5 any 5ub5equent accumulated
depreciation and 5ub5equent accuTniilated impai]Thent 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 line
Stoek
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard
for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).
Trade debtors
Trade debtOT5 are arnounts due froTn customers for merchandise sold or services perfotyned iii the ordinary
course of busine5S.
Trade debtors are recognised initially at the transaction price. They are siibsequently Tneasiired at ainortised cost
using the effective interest method, less provisioii for impairment. A provision for the impaiTment of debtors is
establislied when there is objective evidenLe that the chaiity will not be able to collect all amounts due
accordin¥ to the oriuinal tenns of the receivables.
Page 13

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
Cash and cash equivalents
Cash c1nd cash equivalent5 comprise cash on hand and call deposit5. and other short-temi highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
cliange in value.
Borrowings
Intere5t-bearing bo￿o￿1n￿￿S are initially recorded at fair value, net of transaction costs. Intere5t-bearing
borroH."inbFs are 5ub5equently carried at amortised cost. with the difference between the proceeds, net of
transaction costs. and the amount due on redetnption being recognised as a Ll)arge to the over the period of the
relevant borrowing.
Inierest expense is recognised on the basis of the etTective interest meihod and is included in interest payable
and similar charges.
Borrowings are classified as current liabilities unless the has an unconditionai right IL) defer settlement of the
liability. for at least twelve months after the reporting date.
Fund structure
Unresiricted income funds are general funds that are available fL)r use at the trustees, discretiL)n in furtherance of
the objectives of the chariry.
Restricted income ￿ndS are those donated for use in a particular area or for specific purpose5, the use of which
is restricted to that area or purpose.
2 Income from donations and legacies
Unrestricted
funds
General
Total
Total
2024
Donati0115 and le¥acies',
Donatioiis froin companies, tTUSts and similar
proceeds
Donations from individuals
Grants, including capital grants:
Government grants
Grants from companies, trusts, etc
16.926
16,110
16,110
97,052
37,000
97,052
2,671
97,500
150,162
150,162
17,097
Page 14

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
3 Income from charitable activities
Unrestricted
funds
General
Restricted
funds
Total
Total
2024
Activities contributions
?3,17j
i6,150
2i.173
36,150
154,507
800
16.933
35,850
109,854
2,000
Sgles & fees
Grants & donaiions
Sponsorship
Sundry receipts
154,507
800
60,131
154,507
214,638
164,6i7
4 Income from other trading activities
Unrestrieted
funds
General
Total
2024
Total
2024
Fundraising income
365
406
i65
365
406
Page 15

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
5 Grants and donations
Unrestricted
funds
Restricted
funds
Total fund5
The National Lottery Community Fund
HCC HCF Day Opps
BLCF Central Beds Council UKSPF
The Connolly Foundation IUKI
Rookery. Soiith Community Trust
House ol. Industry
HCF Grant 2024-25
SJP Charity Foundation
Gale Family frust 2024
Pom'er of Music
CBC Attive Coinmunity Grant
Rotary Stevena¥e Gran¥e
Rotary Club WGC
Arts Council England NPO
Postcode Community Trust
Hitchin Property Trust Ltd
Gift Aid
The Albert Hunt Trust
Sundry grants & donations
95,000
17,040
15,000
8,400
4,276
95,000
17,040
15,000
8,400
4,276
3.000
2.500
2.000
2,000
784
573
400
3.000
2,500
2,000
2,000
784
573
400
95,000
25,000
10,000
2,052
2.000
95.000
25,000
10,000
2,052
2,000
150,162
154,507
304,609
Page 16

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
6 Expenditur¢ on charitable activities
Unrestricted
funds
General
Restricted
funds
Total
Total
2024
Accounting Software costs
Activity/Service Costs
AdvertisingPromL)tional
Events
Bank Charges
Venue Hire
DBS Checking
Legal atjd PrOfessiot￿l Fees
Insurances
Transaction Fees
Equipment
otTicelGeneral Administrative
Expenses
IT & Phone Costs
Printing, Postage and Stationery
RaisingF futjds
Rent and Room Hire
Repairs and Renewals
Salaries, Nl & Pensions
Subscriptions
Travel and Accommodaiion
Freelance Workers
428
4?8
i45
24,408
36,219
5,251
5,156
610
26,083
5,872
5,251
3,530
610
164
1.150
1,8i6
4i5
228
1,319
1,626
512
1.150
3.721
4i5
228
2,051
501
2.247
440
2)7
655
1.885
732
300
2,914
313
300
3,412
i53
255
3,003
155
1.239
3,725
498
40
5,247
1,475
6,722
44,718
358
16,987
52,288
94,013
138,731
358
27,777
139,870
1.209
122,Oi8
710
25,973
114,017
1,209
10,790
87,582
tkpreciation
151,103
223,049
374,152
309,252
Page 17

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
7 Net incorningloutgoing resources
Net outgoin¥ resources for the year include..
2025
2024
tkpreciation of fixed assets
1,209
1,209
8 Staff costs
The aggregate payn)11 costs were as follows".
2025
2024
Staff eosts during the year were:
Wages and salaries
Social security costs
Pension costs
129,034
6,513
3,184
114,703
4,927
2,408
138,7il
122,038
The Inonthly averdge number of persons {including senior management team) employed by the Chaiity during
the year was as follows..
2025
2024
Average number of employees
4 (2024 - 2) of the above employees parti¢ipat¢d in the Defined Contribution Pension S¢heme5.
Contribiitions to the employee pension schemes for the year totalled £3,184 {2024- £2,408).
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 £107,984 (2024 - £85,074).
Tlie chief executive officer, a5 the highest paid member of staff, received beiiefits totalling £60,691 (2024
£57,8i81.
9 Independent examiner's fees
During the period. the fees payable (excluding VATI to the charity's independent examiner Community
Accounting Plus are analysed as follows..
2025
2024
Independent examination
Other financial services
1,000
705
287
992
Page 18

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
10 Taxation
The charity is a registered charity and 15 therefore exempt from COTporatioii taxation.
I l Tangible fixed assets
Furniture and
equipment
Computer
equipment
Total
Cost
At l April 2024
Addition5
i.551
1,497
1,497
At 31 March 2025
3,551
1,497
5,048
Depreciation
At l April 2024
Charge for the year
1,317
710
499
499
1,816
1,209
At 31 March 2025
2,027
998
3,025
Net book value
At 31 March 2025
1.524
499
2,023
At 31 March 2024
2.234
(499)
1,735
12 Stock
2025
2024
Stocks
581
13 Debtor5
2025
2024
Trade debtors
Prepaj'ments
Other debtors
5,349
i,181
1.646
0,235
12,121
50
10,176
18,406
14 Cash and cash equivalents
2025
2024
Cgsh on hand
Cash at bank
1.073
70,806
58,910
71.879
59,071
Page 19

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
15 Creditors: amounts falling due within one year
2025
2024
Other taxation and social security
Other creditors
Aecruals
3.352
2,277
11,760
2.819
1,633
17,389
4,452
16 Funds
Balance at
31 March
2025
Bk)lance at I
April 2024
Incoming
resources
Rcsvurets
expended
Transfers
Unrestricted funds
General
General
59,357
210,658
{151,103)
(67,051)
51,861
Restricted funds
Luton- Dementia
Luton- Learning Disability
Luton - Mental Heglth
Luton - Singing Café
Ceiitral Beds- Learning
Disability
Ceiitral Beds-
Neuro-disability
Central Bed5- Singing Café
Bedford- Learning
Disability
Bedford- Mental Health
Bedford- Singing Cafe
H¢rts - Dementia
Herts - Learning Disability
Herts - Mental Healih
Herts - Singing Café
Outreach - Training
M24 - Project Overheads
6.296
2,771
2,751
(21.392)
(11,170)
(11,876)
(1,170)
15,096
8,399
9,125
1.170
430
6,329
(11,297)
4,538
28
15,185
(7,814)
(7,471)
7.786
7,714
2,000
4,362
4,885
9,262
8,918
8,533
(980)
(11.035)
19,709)
(20,223)
(11,358)
(12,293)
(8,396)
(15,456)
(61,409
1.020
280
2.662
3.91i
866
6,393
2,162
7,048
1,574
3,760
245
7.041
1,463
i,000
12,090
59,946
Total restricted funds
16,900
154,507
{223,049)
67,051
15,409
Total funds
76,257
i65,165
{374,152)
67,270
Page 20

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
Balance at
31 March
2024
Balance at I
April 2023
IncorniDg
re50uree5
Resources
expended
Trallsfers
Unrestricted fund5
Generftl
General
55.5i8
170,286
{126,617)
(i9,850)
59.357
Restricted
Luton
Luton - Dementia
Luton - Learning Disability
Luton - Mental Health
Central Beds- Learning
Disability
Central Beds-
Neuro-disability
Centrdl Beds- Singing Cafe
Bedford- Mental Health
4.8)7
(4,837)
14,737
4,201
5.574
1,789
5,709
3,794
(26,5?6)
(9,910)
(12,475)
3,107
719
5,000
(9,645)
4.356
430
{905)
508
li7
(5.434)
15,860)
(9,09i)
(2,802)
(29,333)
(7,960)
(7,090)
(11,708)
(5,804)
(752)
38,243
6,202
698
4,654
9,000
4,534
25,500
107
266
280
Bedford- Singing Cafe
Herts - Dementia
Herts - Learning Disability
Herts- Mentsl Healih
Herts - Sin¥in¥ Café
Outreach - Education
Outreach - Training
M24 - Project Overheads
930
2.662
3,913
866
2,294
10,326
858
11,453
6.734
7.793
5,452
(1.500)
3,201
500
(930)
3,031
245
7,041
1,463
38,706
1,000
Total restricted funds
47,831
111,854
{182,635
39,850
16,900
Total funds
103,369
282,140
{i09,252)
76.257
Page21

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (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, including 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.
Wt 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
pro¥rainme focuses on creatiii¥ social groups and usin¥ sin¥in¥ 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.
The transfer from the Geiieral ￿nd to the variou5 restricted funds 15 to cover the deficits on these activities.
17 Analysis of net assets between funds
Unre5tri¢ted
2025
Total funds
General
Restricted
Tangible fixed assets
Current assets
Current liabilities
2,023
67,227
(17,389}
2,023
82,636
117,389)
15,409
Total nei assets
51,861
15.409
67,270
Unre5trieted
2024
Total funds
General
Restricted
Tangible fixed assets
Cu￿ent assets
Current liabilities
?,232
77,477
{4.452
60,577
{4.452)
16,900
Total net assets
59,357
16,900
76,257
Page 22

Music24
Notes to the Finaneial Statements for the Year Ended 31 Mareh 2025 (Continued)
18 Related party transactions
TheTe were no related party transactions in the year.
19 Trustees remuneration and expenses
No trusiees, nor any persons connecied wilh ihem, have received any remuneration from the charity during the
year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 23