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2023-08-31-accounts

Trustees report 1[st] March 2023 – 31[st] August 2023

Charity number 1184284

Registered office and operational address 1 Tomarton Road Marshfield Chippenham SN14 8NN

Trustees

The trustees who served during the period this report covers were as follows:

Ben Hargreaves, Martyn Harries, Charlotte Hum, Katharine Jordan, Gill Jones MBE

Bankers NatWest Bank 62 Fore Street Bath BA14 8EX

Structure, governance and management

Music for Miniatures Charitable Incorporated Organisation is governed by a constitution. The CIO is overseen by a board of 5 trustees. The trustees for the period covered in this report are Martyn Harries, Ben Hargreaves, Charlotte Hum, Gill Jones MBE and Katharine Jordan. The board of trustees has the power to appoint new or additional trustees and to remove any trustee, provided the number of trustees does not fall below a minimum of three.

Music for Miniatures has policies in place for Equal Opportunities and Safeguarding of Children.

Objectives and activities

The object of the CIO is:

▪ To advance the education of children and young people in the art and science of music in all its aspects by the provision of interactive and pedagogical performances, recitals and concerts.

Music for Miniatures provides opportunities for children aged 0-11 and their families to experience professional classical musicians performing in their community.

Our baby-friendly concerts support child development, benefit parent’s wellbeing and bring communities together.

Our work in schools allows us to enrich the lives of children, plant a seed of inspiration and spark a curiosity and passion for the arts.

Our performances benefit:

Our work broadly falls into 3 strands :

Pay What You Decide

We are committed to making live classical music inclusive and accessible for EVERYONE. That’s why in 2022 we started our Pay What You Decide concerts in areas of high deprivation and continued the project through 2023. The response we had was overwhelmingly positive with large, appreciative audiences and 100% of survey respondents reporting a positive impact on the wellbeing of parents and children. 60% of the audience had never been to a classical concert before. 100% of our audience surveyed said they would like to see more concerts in their community in the future.

Music for Miniatures is the ONLY organisation in the south west dedicated to providing classical music for young audiences, and the ONLY organisation to bring classical music to areas of high deprivation.

We predominantly work across Bristol area, Wiltshire, Somerset, B&NES, and Gloucestershire. Over 40 local professional musicians work with us, sharing their talents and inspiring the next generation with a variety of instruments and styles.

Music for Miniatures started giving concerts in Oct 2014, became a CIC in Feb 2016 and converted to a Registered Charity in July 2019.

How our activities deliver public benefit

Our activities deliver public benefit by providing opportunities for children and families to experience high quality live music. We give concerts and performances in public spaces and in schools so that children can engage with live music and gain knowledge and inspiration. We provide these concerts on a Pay What You Decide basis in some cases. We always try to make our performances as inclusive and accessible as possible for all children and families.

The trustees have had regard to the guidance contained in the Charity Commission’s general guidance on public benefit and referred to it when reviewing our aims and objectives and in planning our future activities.

Achievements and performances March 2023 – August 2023

Our popular ticketed baby-friendly concerts continued monthly in Bath and we toured “Let’s Dance” to venues during February half terms, and “A Musical Circus” to 14 venues during the summer holidays.

We are particularly proud of our Pay What You Decide project which continued to bring live classical music baby-friendly concerts to people across 6 areas of high deprivation.

Bubble Bach continued to delight school children with the virtuosic music and bubbles.

We work regularly with 23 venues across a wide geographical area including Bristol, Bath, Bath and North East Somerset, North Somerset, Somerset, South Gloucestershire, Gloucestershire and Wiltshire. Communities we visited are: Bath, Bradford on Avon, Bristol, Calne ,Chepstow, Chew Magna, Chippenham, Chipping Sodbury, Devizes, Frome, Keynsham, Larkhall, Melksham, Nailsea, Oldfield Park, Portishead, Radstock, Salisbury, Street, Tetbury, Trowbridge, Twerton

Organisational development

The charity has gone from strength to strength during this period, increasing the hours of the Artistic Director and being able to fund both some admin assistance and a freelance fundraiser.

We continue to rely on ticket sales, donations and income from grant-making organisations to fund our work.

We strive to reduce our carbon footprint by using only local professional musicians and by taking our concerts out of the city centre to more communities where audiences can access our events by foot or bicycle.

Financial review

A decision has been taking to move the CIO’s financial year to line up with the school year (Sept – Aug). This will make planning and budgeting more straightforward in future years. As a result of this, the financial information enclosed in this report is for a period of 6 months. This should be noted when comparing to the previous period, which was 12 months.

The CIO’s income derives predominately from ticket sales, donations, and grant funding. During the period, the CIO achieved a successful string of Pay What You Decide concerts, funded via grants and donations.

Reserves were used to grow the charity during the period, including employment of its first employee and increased resources for fundraising. The period ended with over £3,000 of unrestricted reserves. This puts the organisation in a strong position for further moderate growth in the coming year.

The trustees are happy to continue with looking at each project/concert as an individual item that must fund itself in addition to forecasting longer-term to monitor potential gaps in income in the future.

A note from the Chair

The trustees are very proud of the growth and direction of Music for Miniatures, particularly through the efforts of our dynamic Artistic Director Julie Payne alongside all of the musicians we work with and not forgetting our volunteers who help keep the concerts running smoothly. The positive impact that our “Pay What You Decide” concerts are having is demonstrated in the enthusiastic feedback from parents at these events. Our plan is to add to these concerts and reach new audiences in other areas of social depravation (as defined by IoD2019 - such as Hartcliffe in Bristol) where removing any financial barrier is important. Grant applications and fundraising to support these important family experiences are high on our priority list.

All of our concerts have seen a steady increase in new families attending as well as our many regulars who all appreciate the variety of music on offer as well as the quality of our musicians.

As Music for Miniatures heads towards another busy year we have decided to align our financial reporting year with that of the schools we serve and hence the shorter period covered by this report. We look forward to a very rewarding, busy year ahead.

Approved by the Trustees on 12[th] June 2024 and signed on their behalf by

Martyn Harries Chair of Trustees

Music for Miniatures

Receipts and payments account

For the 6 month period 1 March 2023 - 31 August 2023

Receipts
Sales
Grants
Donations
Total Receipts
Payments
Performance Fees
Administration
Venue Hire
Salaries
Advertising & Marketing
Prop's and costumes
General Expenses
Audit & Accountancy fees
Ticket Sales Fees
Travel
Insurance
Donation Collection Fees
Web Hosting
Total Payments
Net receipts / (payments)
Cash funds at 1 March 2023
Cash funds at 31 August 2023
Restricted
£
Unrestricted
£
6 months
1 Mar 2023 -
31 Aug 2023
£
12 months
1 Mar 2022 -
28 Feb 2023
£
-
11,823
11,823
35,006
800
-
800
6,450
-
3,700
3,700
4,887
800
15,523
16,323
46,343
3,635
11,280
14,915
26,475
718
4,942
5,660
3,350
360
2,156
2,516
4,219
-
2,176
2,176
-
-
684
684
1,174
-
316
316
330
-
200
200
976
-
160
160
1,370
-
153
153
1,372
-
99
99
-
-
65
65
126
-
52
52
71
-
33
33
296
4,713
22,315
27,028
39,759
(3,913)
(6,792)
(10,705)
6,584
3,913
9,885
13,798
7,214
-
3,093
3,093
13,798

Music for Miniatures

Statement of assets and liabilities

As at 31 August 2023

Cash funds
Cash at bank and in hand
Total cash funds
Cash funds
Restricted funds
Unrestricted funds
General funds
Total cash funds
31 Aug 2023
£
28 Feb 2023
£
3,093
13,798
3,093
13,798
-
3,913
3,093
9,885
3,093
13,798

Approved by the trustees on 12th June 2024 and signed on their behalf by

Martyn Harries

Chair of Trustees