British Suzuki Music Association Report and Accounts for the year ended 31[st] August 2020
Charity number: 1186062
Legal and administrative information
Principal address : Unit C, Q West, 1110 Great West Road, Brentford, TW8 0GP
Trustees
Michelle Bernard Hannah Biss (Chair) Simon Bruce Helen Brunner Wendi Lewitt Amanda Martin Jane Panter* Jamey Whitnall CA(SA) CIMA CISA *
Office staff
Nickie Chapman
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British Suzuki Music Association Trustees’ report for the year ended 31[st] August 2020
Principal aims and activities
The principal objects of the British Suzuki Music Association (“BSMA”) are ‘to advance education in the art and science of music by the promotion of the methods of education developed by Dr Shinichi Suzuki with particular reference to the musical education of children in the United Kingdom’. We continue to operate in accordance with those charitable objects.
The Suzuki teaching method developed in Japan by Shinichi Suzuki is founded on the belief that every child can learn and emphasises the advantages of providing an environment in which every child’s ability can flourish. An early start for the child at three or four years old, with a qualified Suzuki teacher and the involvement of parents in daily practice, step by step learning, repetition, group lessons and listening all contribute to the success of Suzuki teaching.
The main focus of the BSMA is on teacher training. We currently hold part-time courses in violin, viola, piano, cello, flute and recorder which lead to the Certificate and Diploma of the European Suzuki Association. Additional courses are held for trained teachers. There are also short courses, demonstration days and meetings for parents.
As the national association, the BSMA is the umbrella organisation for trained teachers and their students throughout the UK. The BSMA promotes the Suzuki approach by providing information to the public and the media. Members receive the BSMA journal Ability three times a year. Repertoire and publications are available from the BSMA bookshop at a discount for members. Events are held around the country, including concerts, workshops and conferences. Funds and donations provide scholarships and bursaries for teacher training. The BSMA also maintains links with other Suzuki organisations throughout the world, including the European Suzuki Association and International Suzuki Association.
Organisation
The BSMA is Charitable Incorporated Organization and registered as a charity in October 2019.
The Executive Committee (which includes the Trustees of the charity) consists mainly of Suzuki teachers and parents. It is responsible for governance and policy making. The School Committee, a standing committee of qualified teachers and teacher trainers from various parts of the country, has an important advisory role. The Chair of the School Committee is also an elected member of the Executive Committee. The School Committee advises the Executive Committee on policies relating to teacher training and implements the BSMA policy in the regular organisation of teacher training courses. The directors of the principal teacher training courses are ex officio members of the School Committee. Sub- committees are also set up from time to time to report to the School Committee or the Executive Committee.
The day-to-day management of the BSMA is undertaken by full time staff at the BSMA office. Volunteers, many of them members of the committees, also play an important role in individual projects.
Membership of the BSMA is largely made up of Suzuki teachers and pupils’ families but is also open to anyone with a general interest in music and education.
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Progress during the year
The BSMA has remained dormant during the 2020 Financial Year, pending the transfer of operations and assets from the British Suzuki Institute.
Public benefit
To enable wider public access to the benefits of a music education, the BSMA continues to take its Suzuki teaching into Local Authority schools on the basis of a heavily subsidised membership arrangement. It also makes a number of bursary awards annually to deserving trainee teachers. In addition, all BSMA concerts are open to the public with seats priced below normal commercial levels.
Financial results for the year
The BSMA has remained dormant during the 2020 Financial Year, pending the transfer of operations and assets from the British Suzuki Institute.
Investment policy
The policy is to invest monies which are surplus to immediate requirements in suitable investment funds.
Restricted scholarship fund
The BSMA offers bursaries and scholarships to assist trainees in meeting the costs of teacher training and, in certain instances, to assist with travel costs. The scholarship fund is a restricted fund, which represents an accumulation of donations received by the BSMA specifically for the purposes of funding teacher training bursaries and scholarships. Bursaries and scholarships are generally awarded annually and the Trustees consider that the level of funding is sufficient for current purposes
Reserves policy
The general fund is considered to be a prudent reserve to give confidence in the future of the BSMA for teacher training and to encourage more pupils to study by the Suzuki method.
Accounting and reporting responsibilities
The Charities Act 2006 requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the BSMA’s financial activities during the year and of its financial position at the end of the year.
In preparing the financial statements the Trustees should follow best practice and: select suitable accounting policies and apply them consistently; make judgements and estimates which are reasonable and prudent; follow applicable accounting standards and the Charities SORP, disclosing and explaining any departures in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation.
The Trustees are responsible for keeping accounting records which are such as to disclose, with reasonable accuracy, the financial position of the charity at any time, and to enable them as trustees to ensure that the financial statements comply with charity law. The Trustees are also responsible for safeguarding the charity’s assets, and hence for taking reasonable steps for the prevention of and detection of fraud and other irregularities.
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Approved by the Executive Committee of the BSMA on 18 October 2021 and signed on its behalf by
Hannah Biss
Chair of the Trustees 18 October 2021
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THE BRITISH SUZUKI MUSIC INSTITURE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020
| Year | Year | |||
|---|---|---|---|---|
| General | Ended | Ended | ||
| Bursary | Unrestricted | 2020 | 2019 | |
| Endowment | Fund | Total | Total | |
| £ | £ | £ | £ | |
| INCOMING RESOURCES | ||||
| Activities for Generating Funds: | ||||
| Subscriptions | - | - | - | - |
| Interest Received | - | - | - | - |
| Inland Revenue Covenant Rebate | - | - | - | - |
| SuSi Donations | - | - | - | - |
| –––––– | –––––– | –––––– | –––––– | |
| Total Income | - | - | - | - |
| –––––– | –––––– | –––––– | –––––– | |
| RESOURCES EXPENDED | ||||
| Charitable Activities: | ||||
| Subscriptions | - | - | - | - |
| Bursary Distributions & Expenses | - | - | - | - |
| Training & Development | - | - | - | - |
| Donations | - | - | - | - |
| SuSI Outreach | - | - | - | - |
| Governance Costs: | ||||
| Accountancy Fees | - | - | - | - |
| Depreciation | - | - | - | - |
| –––––– | –––––– | –––––– | –––––– | |
| Total Expenditure | - | - | - | - |
| –––––– | –––––– | –––––– | –––––– | |
| Net Income for Year | - | - | - | - |
| Funds Brought Forward | - | - | - | - |
| –––––– | –––––– | –––––– | –––––– | |
| Funds Carried Forward | - | - | - | - |
There were no recognised gains or losses other than those stated above.
The notes on page 7 form part of these accounts
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THE LONDON SUZUKI GROUP TRUST BALANCE SHEET AS AT 31 AUGUST 2020
| Notes FIXED ASSETS Office Equipment Cost Less: Depreciation Current Assets Debtors 2 Cash at Bank Creditors: Amounts Falling Due Within One Year 3 Net Current Assets Net Assets Capital: Unrestricted Fund General Endowment Fund Total Funds 4 |
2020 £ - - –––––– - - - –––––– - –––––– - –––––– - –––––– - - - –––––– - |
2019 £ - - –––––– - - - –––––– - –––––– - –––––– - –––––– - |
|---|---|---|
| - - –––––– - |
Approved by the Trustees on 18 October 2020
Jamey Whitnall Trustee
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The notes on page 8 form part of these accounts
THE BRITISH SUZUKI MUSIC ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2020
1. ACCOUNTING POLICIES
(a) Basis of accounting
- The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities , applicable accounting standards and the Charities Act 2011.
(b) Subscriptions and donations
Subscriptions and donations are accounted for on a received basis.
(c) Interest on deposit account and surplus on events
- The income from deposit accounts and the surplus on events are accounted for on an accruals basis.
(d) Expenditure
Expenditure is accounted for on an accruals basis including VAT.
(e) Depreciation
Depreciation is charged over the estimated useful lives of the assets on a written down value basis at 20% per annum.
2. DEBTORS: Amounts falling due after one year
| DEBTORS: Amounts falling due after one year | 2020 | 2019 |
| £ | £ | |
| Total | - | - |
| –––––– | –––––– | |
| CREDITORS: Amounts falling due within one year | ||
| Accruals | - | - |
| –––––– | –––––– |
3. CREDITORS: Amounts falling due within one year
4. ANALYSIS OF FUND BALANCES BETWEEN THE NET ASSETS
| General | |||
|---|---|---|---|
| Bursary | Unrestricted | ||
| Endowment | Fund | Total | |
| £ | £ | £ | |
| Tangible Fixed Assets | - | - | - |
| Net Current Assets | - | - | - |
| –––––– | –––––– | –––––– | |
| - | - | - |
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