R•*wad rthr. 121YA112 ThE AIUSIC PAAN PRaJECT LIMITED (A COMPANY UIAITED BY GUARANIEE) ANNUAL REP AND UNAUDITED FWIANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
THE MUSIC PaAN PR0CT LIMITED FOR THE YEAR EED 30 JUNE 2024 COMPANY INFORMATION Charlty Nam•: Th• Music Man PYol•ct Con4>any rngkntrallon 12054112 Reolstsred Offlco: 209 Weslem Road, Le19-S8a. Ssg 2PQ Mr D Stanley BEM (CEO. Trualee) Mr8 S Mann (Dredor. Tnthe) Dr N Bradlord IDre&or, Tnjstée) Mr T Jewdl (Treawrer. TnMt•e) {Appointed 16107r2019) 18107r2019) (Popolnted 16107r2019) (Apixih)led 1f407f2019) Mrs J ca¢hO (Secrdary. Tmstee) Mrs S ca (Chalr of TnJ Mr P Shaw (fru8t60) klr K Coat•s (fru•to•) MIM J Htt¢h¢oc (fru8t••) Ms Julle Cuil)n (fiu••) (Appoknled 16107r2019) {hPF)knled 22101r2020> {Appoknted 18107r2019) 14)poi)l¢d lF17r201g) (Appomtsd 18107r2019) k4rs Kat8n Mlgllortsil (TNstee) (Appoiiled 14101r2(122} Independent eyaminer. Camaf Acra>Jnt•w id BookJ(eepffj Ltd AAT, 801 LCrfKIc Road, W8slclff-cm4ea. E368x S80 8SY Bank. Bathys BanK 127. srth8nd on Sofi. Ess&K SS11LH
THE MUSIC IAAN PROJECT UMITED FOR THE YEAR ENDED 30- ju 2024 CONTENTS Pg• Directots, Tnthes. rnport 4-13 Indep8rKlemt Exan¥i•fG report 14 Statament ofllnancial acti$ 15 16 Not to tha Ilnanclal atem•nts 17-20
THE MUSIC MAN PROJECT LIMfTED FOR THE YEAR ENDED 30- JUNE 2024 Chaiity Aims and ObJectlv•s Please lind belThv a summary otthe adi¥ths of The Music Man Project in ol its drity objEcs. l. Provxle attble musk tultlon leadln8 to Inspirntial perfrnnces 2. Give 8fants attessU)le ¥ts edu¢ic 3. Pmmote Èqual arte to Fwformafict 4. Support research l. Flnan 1.1 Xen> l flnandal transactlons for the charity account are now If on the Xtro accountsncy F44tfomi. Currentty, myself, Trevor Jewem and our xcountants have arxe5s. but I can 8ive actess to other trustees if they wish to be able to ¥iew our tharity accounts at any time. The Xero platform was thosèn for our tharltyaccounts ftllowln8 è •r of lrfa#in8 the sM with the separnte tradlng tompany accots. The a¢¢ountsrts were èxlremèly Impressed with the quality ofmy attout)ts usin8 thls software. ar thei were able to Pffjdu end4jtwearatLfits for thetrading axnpany ¥8y qulthy and wlthout any Issues. As with the tradin8 Comnya¢cOUts, I will use the Xerosoftware to track and evidente all transactlons and reconcilè all payTnents relatlno to ihe tharlty account asthey happÈn. Thlsls lTrstead of me sYodudn8 lon8 tables of every transactlon. sendin8 toTrevoY who then produces the accounts whkh are then sent to acCntants. The Xero software remo¥e5 the ne•d for an¥thIs. I cats ¢1 a Ipje demtth thrin8 the meetlrw Iffequlrnl. ia Musk M•n Tr•dlfii Mu51c Mam Tradlng Limited Isthe Trad Companyfor The M•Jsk Maft Ch4rity. It runs the Muslc Man ProSect headquirters In Southend and can also opernie merchandise. tkket sales and aryother transacllon5 not dtrectty related to the charry. Thls a¥oids tho tharity beini subieLt to CDrporation taL The tradln8 company is Subject to corporation tax tmrt doe5 not ha to paythÈ tsx money tknattd to its shareholdet-The Music Man Projt£t Chèrfty. In Au8USt 2024The Al£1£ Man Tradin8 pald ltsfirst donatknldhidend of £S(X) to The Music Chath. More paymonts wll tollw and these Gin be rng-fenced as plected pOts speafic thariiable xtfvhes. Thank you to the staff and stents of the Music Man Project ir• Sthnd whose income from teathlni S8enerated such a lot of mlineyfor the tharity aftef just one year of tradin8. The move from Styjthend Menop to Muyc Tr?din8 was a very stressful and wrffjkng time tt it tvmed out to bE the best de(isOon at the best time. TrUstS do not ha¥e acte5S tothe tradiry compary accounts Imrt the balance 15 £39.82a77. The totsl moneycurrentlyln Ihe tradkn8 company and charity actounts is £100,130.70. This is not disp05ab money because much of the tradi CoMnY funds cover teacher We5 and Southend expenses, but It shows the immense we've n43de in re8¥rd b) finatyial secu¥itysiKt Wtrmber 2023.
THE MUSIC MAN PROJECT LIMrtED FOR THE YEAR ENDED 30- JUNE 2024 DIRECTORS. AND TRUSTEES. REPORT IItrXUXM DKCTORS, IoRT) 1.3 Mu51t Projecl K•nt Music Man Proprt have kindly donated É3,(m to The Mv5ic Man Proptt chlty. llw5 ¥AII be ring-fenced f transport Costs far Kentlu future Roya Albert klall 2.Re lonal Pro ects We TrnIty 13 re8ional woieLts arouThl the UL. Essex. KenL &se4 Suffoll 8athl&lstrl HampsNre, Llncolnshire. ScotlarKI. Lwcashke, SerSeL Balham (Lonth)nl. Portsmouth and HertlNdshl¥e. The PAu5ic Man Project Ambassad$ ¥isited Nlrya In May with the Safvatim Amiyto enryra8@ a now regional project there. We pr(Nlded a grant of £51 to Portsmouth Down Syndrome Assodatlon to help them start their re8ional Mu51¢ Man PTuiecL This folk)ws last year's ambassador ¥lsi¢ vaiiotss meetings and additional support from Val Hl&o& le81al (lirn£t of MMP Hampshwe. Jenny v151ted the Frontllne charlty In 8rentwood to offersuppfyt and advice èt#yJt yowlng thelr re8loNI MusSc Man ProlecL and I'm dellBhted that thewoup perfmed theirfirst e¥w conrtthiS Summer. MMP Somerset also cortlnues to yow. with ex¢eJ1entn•IbvS ar Iheirfirst(rrfKwL Natalie'5 Man Project In Maldon also performed thelr flrst c(mort for a loN4 time in Juty. I was Impressed by the profes51on4lsm of 8rwiand was deli8lrted toac¢ompwy tskexcellerf wfwmance. The Musk Man ProJert Unc¢lnshlreiained o¥1 8lobal ambassadors fty our Inau8wal wfkshop with the Rvial Alr For at RAF Cranwell in Jun•. The Musk MJn Project In Kent ajntlnues kn be Prollfk In Its nwnber, Tan8e and quality of p•fvman¢es. FlnalFy. it W45 w(wKlerful to witness 50 mary iegM>nal Musk Man PiopLts join together for aw at the Royal Albert Hall In Awll. This was the 8reost Blftwe muld have wen Thjf netwcrfk of muslchans, tutors. Girers, volunteers and famiues. It was extremely satisfyin8 tovisit many re8ional Musbc Projects to reheatse for th• show and to wekome mary mowè to sthen& to rehearse with th• Essex stsjdents. 3. Performances 1.1 Musk ts PA atthe RtyolAM>ert IAWM) Muslc Is Ma8lc at the Royal Albert Hall was a tremendous stKcess. It rAayed to approxlmately 4.(XJO people and featur 3 Musit Man ProieL students a(yoss the UK. SINd bythe band of HIS Makstvs Wal Marines. massed thotrs. speiyal guests and Mithaei BaL It te3rd on natit)nal ni. radlo and in the pr FInancIal. tht eveni made around É25.LXIO wofil but tyl¥ beause ofthe generosity cour sUPPOrters, performers, crew and technical team who gave ill thtir servir£s for free. If we had to pay for these sevvice5 thE conrtWoUld have made a1055. Mt In)xtantfy. the amrtwaS onty sSil4e thanks donations and fundraIn& in Essex and around the UK by the MMP ambassadors. We are now In a p0sft1( finanaally to re5er¥• moneyfrw next Rryal Albert Hall slM)w and hava a rxoper WeL Audlence ondperfomwJeedbock abvilobleon request LEWIS docuMentaryolxt tht doy olthe show. After 20 years ot tryin8 to perform at the Hall. The hSiC PAan Proprtis now described a5.the best in dass" by the CEO of the Royal Albert Hall and tly ran't waitto us back. u*cman ert.com to wotth o TEAM
THE MUSIC MAN PROJECT UMrrED FOR THE YEAR ENDED NI- JUNE 2024 DIRECTORS, AND TRUSTEES, REPORT (INCLiItMNG DRECTORS. REIY)RT) 32 Royal S¢otla MINtsryTatloo In Canada ljutyl In June aThl July, 10 IAusi£ Man PrqeLt Global Ambassathrs attempted dir t3mLyt1ou5 athienbjre when they perfonned atthe Royal Nra So>t•a InteTnatiord Tatt In Canada. accomynled by the Central Bend ofthe RAF. Theiy itinrary over the 12 days induded 5 per1Man. 3 wori%hops. 15 hours of rehearsals. 4 VIP receptions and 5 audience photo callL I'm woud to rel that we re a he hit The students stole the hearts ofover 20,o¢XJ Ople and were the tslk of thè tty•4n. Vlstt on m to read the CEO bl( oboutthe eXpience. vthich lftdioes the TEAM LEWIS dD(unryfilm. 3.3 Fuftdraklry Con(4rt 4¢ th• l•rydryk Down Cnlrt10rt24) Trustee Ken Cootes has Se0Jr a conortat histyK Norniansfield Thtre on OciDber 2e at6wn. Tickets are on sale now. We need to sell ihe tl(kets ts) ensure a s¢t¢SsftA ent. 4. Partnershl The Musk Man ProJ•rt cwrenttyworks In partrrslp wlth th folking u8ani51rms: ITEAM LEWIS TEAM LEWIS have supported us Sin Cttober 2021. In the last 6 months their help has In1yea nlficantly. Exam5 Indude.. l)onating £25,rti towards the cost of the Canada trip Producing two documentary fllms (Royal Albert Hall and Canada) ArTan8in4 the jointojncert with'Alle8rtrm1eratO. (another thaiity Ily surwtl in Milan Promotin8 The Muslc Man Profvrt in their social media Coverlw the ILAF Cranwell workshop for hjture medla Uaisin8 with Michael Ball and the Rrryal Marines Poster desi8n for the Royal Albert Hau show ProlÈrtty slkdes. vldeos and animatlon tor the ftoyal Albert Hall sh¢ T&4M LEWIS Garden Party, Westmlnstsr TEAM LEWIS have also Invlted The Musk Man Proiert to the openln8 olthelr new offices In tterSea In the comlnl months. They are also co¥erin8 the Milan concert for a future documentary film and will continue to support our muskal collaborationswith the RAF and Rryal Marine Atyil Mln•s B•nd SThk Tho Royal Marine5 are qlee&ly of oui pxtnu5hipvthidi 15 unique in their hikn. In the last 6 month5 they continued to 5UPPQrt our musicians. Exams indude: . 2 Teheatsa15 at HMS Collirywocrfl fthe A31 Albert Hall show Arran¥lN4 2 hours 0¢ our musk for thelff b3nd (from my crnir¥Jslrkis and adapilne Al's orllhnal arrèngements) Accompanyin8 our Albert Hall shth¥ for nothin8 other than tnvel and food *xpnses . Attending meetirys to disoJ5s the music1 w(man5
THE MUSIC MAN PROJECT UMrrED
FOR THE YEAR ENDED 30- JUNE 2024
DIRECTORS. AND TRUSTEES. REPORT (INCLU DIRECTORS. REPORT)
Thanksio the vision of Phil and Hannah Trud8eon. the Rvfil Marines have pledged to rAJntinue workin8 With u5
into the fu1¢. en tlwh r1¢Inal wpix¥tw. Jas< Bwtham hasn(w wetired. FUre an5 iKbJde'.
A performance of'Hwe Vots E¥er Slopped to Thi +'Drunken Saiw at Palnted Hall {Oul
Return concert at the Rwal Albert Haw with Hannah c(Yrflucllrq RM Collifigwood. in 2026
A cnniErt with The OanaIreS Band in 2025
A Royal Marlnes concen at the ly• Southend w6th the Muslc Man Project as 8uests
The Aoyal Marines ha asked rf we could surqxxt their fundraiSg campay for one olthelr band membets.
SDphie, who was sadty dia8nosed wtth Mcor NÈun)M Disèasè in January. aeed ju# 26. Individually, or in small
teams, pee are coMFdet1T a challen8e of 26"s
THE MUSIC MAN pRCT LIMtTED FOR THE YEAR ENDED 30- JUNE 2024 DIRECTORS, AND TRUSTEES. REPORT {INCLUDM DIRECTORS, REPORT) S. Future O rtunltles I' been w(xking on the followi new knthe future. These actt¥ltles are to be crysfinned Imrt will hopefully be c(wning in the next year so: perfofffftan frYfundrai5ir¥ meal t(Ythe G8 paralTen at the Rounth(xw iNI( trBC) Concert in Truro, Cornwall, inthding workshops for kal schools tr8CI Collab(¥atlon wlth ESS h . Thlscomparty supkxyts anned forces Jcross the UK. Thre offerln8 aftemo¢n cake makino Experlences at a mllltsry base with an aftemoon tea and Muslc Man performance. We're runnlrry a pilot wlth the amba5sakn and then thrywlll offer the same proyarnme to re8ional pmjertsauoss the UK ffBq. Conon wlth Royal Marines aOnallS 818 8and (Teci Concert at the Cliffs Pavilion. Southend with the Royal Marine5 rr8CI Music is Magic at the Royal Albert Hall 2026127 with the Royal Mames (TKI 6. Trans rt and E ul ment 6.1 Mlnlb Mlchael Ball fan, Trary Taylor Scott, has raised o%r £12,Ll)O towards the Cost of our new mlnilws. Natwest 8ank In knuthend Indicated thèt they would maich fund bui thls Is yet to be confkmed. At presentwe contlnue to have the use ofsouthend Mencap's minibus, far which we are 8raiefvl. 62 Van l am currently exing tht PDssiblity of a Muslc Man Pr4ect Yan to take our Instrnments around the UK on MMP ambassador trlp5. This w{xd avoid us havin8 to cram the instruments in the back ol the minibus or, worse stIIL in the aisles It would also mean th•t we could take more students In the bus. Music Man Tradlnl would Y for thls and a ojmpanyvan would nrA Irur any tsx Ilabth'ty. l am oJrTeJrtly in (¢mnmunicall( wlth VW in Southend about Sponsorship for an ID 8uzz. 6A Dlsabllty Aamp I have purchased a IatsIe rarnpfor us to use trIp5 and at ents. Itwill be st(Yed at Leigh on Sea Salvatlon 7. Tlcketl I ha opened an a¢c¢unt wlth online titketlng seNice Eventcube. This wlll 53ve us a lot of time advertlsl sellin& tracking and 5endin8 Qut tickets foT conrtS and events. The ser%ice is fvee forfree conceTts b¥Jt small percenta8e is tsken for tKkets ¥hiith we thar8e f. I hal Ilnked Ent¢Ubt to our Strfjpe onllne payment account so money will be aoMatIcallY transferred kn our bank As well as our <>wn toncerts. thi5 ser¥7ce wil help allocate VIP tickets fry third party concerts •KI maity eits like the ft01 Albert Hal. ThE software will woduce audience lists. coniact details and you (an set numt*r limits. share the ticket page on social media and websites. I ttave tri?Iled the softwaTe with Ambassador parents for ourfree Chrlstmas conrts thi# ccrnin8 December. I can Ive a live demonstration duiingthe Meeti if requi{ hwe tosee an example: htt musicman ro ect.eventcube.io event 63615 music-is-ma ic-at-christma
THE MUSIC MAN PROJECT UMITED FOR THE YEAR ENDED 30- JUNE 2024 DIRECTORS, AND TRUSTEES. RFPORT IkWCLUIXNG tMRECTORS' REPORTI 8. Onllne Presence i Wdb5ite The website cJ)ntlnues to wtrk wÈll. I'VÈ reconty addod tteftt relatlng to both the Royal Alrt Hall show and the Canada trip. l 3150 added bespoke pa8es the Ambassadors, TEAM LEWIS. Royal fvlarinesand the Salvation Arniy. l added these as dropd(wn menus so they be easity actrssed. l imprrNed the cnntact pa8e and uploaded new blogs and Ima8e I now wabl to ImW followtni p4Ès: About landlng page Internatlonal landin8 Pa8e RÈgianal pay-a drtpdatsm menuto seknthe regi so ytyj d('t have to find the lryos thÈ landlo8 pale &1 Sacw Med I continue to upload new content to all our soclal media accfyjnts and share news from reg5onal project Facebook pages. l am pleased to see our Instaeram followers iniTease and I'm 8ra(iually 8ettln8 used to thls platform. Its been particul¥ly encoura81ry to see folkWe from Cada er4a8e wlth •YJf sodal media arthlthsfollowlw our trlp to Nova Scotla. 83 Wlkwla We rH)w hav2 a lfve Wlklpedla pa8e thanks to the hard work and patience of M4rilyn FowleL Marllyn Is a frlend of the charlty and her daughter used to volunteer In sOhend. mar& nomln•ted us lorawards In the past and she Is also a member ol Cantsre tholr who saw wbth us arthe Rordl Albert Hall. The wl1jdla entry must not promotional In any way. I had no say In the final verslw and TEAM LEWIS are not alliy4¥ed to be Involved either. 11 13 therefore very dry and factual. but It does at least ilve us anoth plathrni and anotherway to apptar itt inteffl stirche& IA Zoom S•ssbons Sarah Mann has ccffitln4d todellvei tr weeJy Zoom stts1 rKrtfvst lor MMP Kent students butfor students frn across the country. Thry cwlnue to be very popul¥ and well.attefided. IS Ask the Mk Zoom C•Hs Leadln8 UP to the A>ert H4ll show, I horted an Ask the Musk Phn Zoom oll every Monday mornlng at 9am. Thls was for re8iun41 dlrectors tt> ask qUE5ti0ns aLKKrt the show. the kn8iStiC5. reheaf5al rwjrtunities eic A5 well as re8ional dire£tor% tharity thrertors and tr¢ees Tmere also lThited toith sothey could feel'kn the loop,. This offer of communicatlon VRS on tcp of myemail Updat phone Calls. soual media KWS and cyxments and vlsits to regional projects. As well as helping 10 ensure everyone was on board, bt helped sh(yw that I was always a¥ailaJJe and woxthable. aThe Muslc Man 81ry I continuedto wrile IA(yo¥er the pot 6 mth$. irKludlTq an of tt* Canada trlp Wds read ty over 71X) people and was forwarded to HIS Maiesty the Kin8 Iry1 L(Yd Lieutenant of Exse
THE MUSIC MAN PROJECT UMITED FOR THE YEAR ENDED 30- JUNE 2024 DIRECTORS. AND TRUSTEES. REPORT IINCULW DIRECTORS. IIEPORT) The Music Man Project recei1 excellent mEdia LYNw4e. in{rI. mls Good MM)ing PAitsin PAlthael Bau I BBC TV and ITV L(nl pressand radio S(xlal media TEAM LEWIS d¢xumefft4ry flkns CfV-CanadianTV Frenth speaking Canadian 10. The Muslc Man Pro"ert Global Ambassadors The Muslc Man Proie¢r Glrthl AY4)assatss have Ired tireks4yo4rthe W 6 months, knr&xlinK: Ralslry awaveness in the fialk)nal and kKal rnedla Ralsirq money for UK widE ents such a5 the Rtyal Al)ert Hall Nurturin8 partnerships with TEAM LEWI% the Royal Ptharines and RAF • Dellveylni workshops lor the Salvatlon m¥ Dellvethi S01 worslops for EssexC¢thity Coundl Perfarniin8 conctrts Appearin8 lrt TEAM LEWIS films 11. 8 k Publlcatlo The Musle Man Project fe•tses itt a new book ty TEAM LEWIS CEO, Chris IS, ontitled Sllent Rebelllon- 8ecomin8 A Modem Leaderf. The bool was bunthed at the end ol July at a conference l attended wlih Penny Mordaunt and aderS from around the The offial rekn is the bÈwnnlne ofseptembey. 12. Awards I was honoured to r1¥ethe Prime Mini5terfs Pohrt d ilrt AvArd at the Albert Hèll. Thankyou to trustee Julie Cushion and our patron, Anna Flnh and anyone else who helped make this happen. 7he Music Man PfoJect AmbauadNs have been sh(Mlistod fty tho KInAan1 lor V0tarys0NIrnL SeuÈtsry Jackle, her son Daniel and i attended an event in June about the awards. We wlll find out if we have been successfvl In November. AIthou8h the award foSeS on the oxtraordlnary work of the ambassadors. our voluntary effortas a whole was indwled in the aWIKJtiL- from my h[5 rurnin8the drity10 every that helped at the Royal Albert Hall. 11 would be derful ifal of our collecth* W)ntary SeThI trwld recwlsed in this way. io
THE MUSIC MAN PROJECT LIMITED FOR THE YEAR ENDED 30 JUNE 2024 DIRECTORS, AND TRUSTEES. REPORT IINCLUIXNG DIRECTORS. REPORT) 13. Patrons and VIP Su O¥er the summer I met with our Pron Ama Fth. i atyJre<l Anna thac desixte the eledion resuK she would remain a patron and that I value her ltrIbutI<M to our tharity immensely. l thanked her for her continued suppur¢ ¥thith has indwied the IdIc. l. Meefi w&th Government Mlnhters to womote The mu¢ Man Prolert 2. Speeches in the House ofccmmons to pr¢)mote The Man Prop 3. J1 workshop at 10 tkn¥nir Streel 4. Our perfomiance at Speaker House 5. Mee8$ With TEAM LEWIS to discuss ways to help lund our chavity 6. Speethes at conrtS and ert5 7. Support In findiw a permanefit MMP headquart•fS SLMrthend I was delryhted that the new Labour MP lor Srthe9 aml Le¥h. D•1 induded The Music Man ProJeLt Ir• hls malden spéeth at the House of C4)mmons. I have wtlefi to Davld to Introduce myseltand in4ryte him to a mu%ic session and to ow Chr(stmas concerL Next week The Mu51c PToiect E55ex wn its knmerS(t#xl. Alth(w8h originalty oftty Intended Southend students. we will also ha¥e a dient from Le1$tel In attendancel The summeT xhool wlll be a pllot for an annual ÈvÈnt whkN In thè future. could become a much lar8er gatherin8 of students and slaff from across the MMP network at a more (traI location.This would be a great Wnity to meet celebrity patrons. Introdu new musi4 r1 leacher tralninq and enpjv sodal ets Wether. 15.N tlon nd R•cordl I have bp8un work on mv music lor the nert Rrtyal Aert Hall Sh•. l in1rodu some otthis mustc at the summer school nexi week. I'm due to record more mvsic lor our thlrd allM wlth Al Steele as soon as w• can find ndow In our schedules. Mostof thls muslc has akeady been arTan8ed and some of it has been recorded. It would b good to releast ihlrd at ttwistmaL pr•88 Tr1•, pocka•ts. 14oA so¢1 n1* posts. YouTub• conl•nt•nd li
THE klUSIC MAN PROJECT UPTED FOR THE YEAR ENDED 30- JUNE 2024 DIRECTORS. AND TrUSTEES' REPORT (INCLU DIRECTORS. REPORn (CONTINUED) The charity is a (Lhnpany limited by guarantee aNI is. therefore, gOned by * The Trustees. WIK) are al) the direijwo for Ihe wrpose of cc#npany law, ar who seNed durirrfJ the per to tha datè of wmturn dthé fmanGial temnts were:. Sarth Mwsn Natalie 8radk•rd Da1d st Tho b¢x4rd oftrurteej has the powerto appowrt and remo tru8t¢es on A maiorty bath. Non• olth• tNsta•s hawj any )enéfiil Inior•t kn the ccynpany. Tha tharty ia wJanld io tlwt trustaes meet rngulaty to manago Is affaks. Th• (hitiy does not have any ompk>s•0s and r•liè$ aolety on Jnther wothrs. W• arn very 9rnt01 to all our vobJnteerworknr& w1hr the th•lty couhl not func1k. Tha Dr•dots' aTrl Twth•$' roWI Tm by tho Bowd of Truth•s. DaNid S ILJ.J .i.zC 12
THE MUSIC MAN PROJECT uifffED FOR THE YEAR ENDED 30- JUNE 2024 STATEMENT OF DIRECTORS. AND TRUSTEES, RESP0PMs The tfuees, WIM) awe also the drectorn of The siC Man PIDiect L•nited fi)r the purpose of company k¥, arn wespfmsible br preparirwj fv OKectorn' arKI Trustees, Report arKI tha fmancial statements in accordance tilh apptscable I and United ACcotil9 Standards OJnited Kingdom Generalty Accepted kcountlig Praciice). Law requlres the Injstees to prepare lknandal Sts1nIS for each firr181 yr whth give a INe and fair vie4¥ oftlx state of affairs ofthe charity and ofthe incoming rosoureas and apwution of resou¢$. inclNj the inc¢)m6 and expenditure. ofthe chartable CmpY k)r It Yr. In prepartng these rfftar sthtsrnrts. IM Irustees are kn: 8¢lé¢t 8Uitabkn ¢CnI¥ and thort •ppty tliem fA)nsi8t•nty: mak• iidgernénts and •StIe1 that arn rnax)Mble and pThMl•nt: state whether applrAbl& UK Accountlr#J Slandards ha b8en folknwed. sub to ary dapartwes discbsed aThl explaed the financwl Statents. and prepare the flnancial statenxnts on golng concom balis unltssi il 18 imppropriat to presumè that the dwity wll c¢)nllnue #i opèrntKXI. Th• tnJ8es afo reiponsknh fi)r kelpww adowat• accountwig rncords that dl•cbw wtth reas¢)nobb 8¢¢urncy at 8ny tlme the fkn•n¢lal pttIOn ofthe (aiity and enabl• them to ènsure thai Ihe fina•1 staterrrfJnts cMIpty wth the Companies Aci . Thty are also responsible for safe9uardlrvJ the assets ofthe charlty and hence for takff reasonable stèps ror tho pro%•nllon and dotedlon ol fraud othér kngularfthi$. 13
THE MUSIC MAN PROJECT UMITED FOR THE YEAR ENDED 30- JUNE 2024 INDEPENDEKF EXAMINER'S REPORT W• re[rt lo tho truaes on ow ofthe knnciAI #atem&nts ofTh8 Music M Prw LNrted (the Chlty) forthe year end•J 2024. R•sponslbillti•s and basis af rtport As trustèès of tha charity (and also its directo for the pryses of cc¥npany }) y are responsibl& Ix the preParan ofthe fal ennIS In accudance w#h the requlrow•nts of the Ccfflparwa A( 2( Ohe Act). Wo are satisfied fm•K4al stem•th of the chaY we ffjt rnWed to be audl¢d undef Part 16 of the 2C(6 Act and are eligb for independent 6yarrinan. report in respect ol our examinatifm ofthè thaity's f¥iancial 8tsternénts taff&8d rxrt und8r sedk>n 145 01th& ChailIi88 20110tr 2011 Ad). In carryiNJ (t our ex8MkniC we h•w al tr applble Direct•)ns gi¥en ty Ihe Charty CoftThissM)n undef section 1445)(b) ol Ihe 2011 Indép•ftd•nt •xarnkn•f• •tat•ment Wé havè our 6xn¥iation. W• c¢xfflnTr that no rntern to our att•nkn In eonnecti)n wlth the exAnination that ga us cae to beHeNe kn any fflateAal aspèeA: 1. aceounting re¢ord8 wern not kw kn M8F•L d th• ¢h•rty a$ rnquhd ty sactlon 386 of the 21Th Act,. or 2. the financ1 Stalem ¢k• ac¢yJrd wlh thos• (Kf¥ds: or 3. Ihe financlal staleffthts do not compty whh th• aoUnt1j rnqukemonts of wlh)n 3É6 01 the 2CK6 Ac other than any roquir•nxrt that the accounts giw 4 tnJ• and far whkh Is not • matter o)nsidered as part of an Ind6pendt eyAm#)t1,. or 4. the financial slatenwits have not been prepared In attord8nc wlth the m&thtyJs and Inclplos of the Statwnent of R•rAxnmèThlad Pradlce for a(ryJunllng •nJ rnporting by aiities applKo1)le to chaths prepaiKw th•'r xcounls in acoydan¢e with tho FiMncl•l Reportty tslaThJarf appkabl• In lh• UK Rewblk ol IreThJ (FRS 102). èxamlnatton to whkh attention should be drnwn in thls rewt kn onlor ta emble A prn understAndu¥J of tho nts to 0¢ readKd. Mrs. L. Montelth FMAAT. Mrs. J. Tween FMAAT..... .. . For and on behaifof Carrnar Accounlancy BooWiig AAT 801 London Road westcliff-on.sea Essex. SSO SSY l£.3.2£. 14
THE MUSIC PAAN PROJECT UMITED FOR THE YEAR ENDED 30- JUNE 20Z4 STATEMENT OF FINANCIAL ACTMTIES Funds Fdts Furhys Funds 2023 2023 Income from: Donations Charilsbla adivi•s Gift axl Other Tradkng Afll 47.074 57.573 104,647 25.180 25.180 32.329 1.324 3.454 4.778 Total Incorn• 7 573 137 765 7 449 3 454 30 903 Exp•ndlturn on: Raisftig lunds 13.801 2,179 1S,980 11.105 11.105 47 7 453) 93 017 actMti6s Net incomeleypendiiuro) boforn lax For the reportkng p•rl¢)d Tax payable 16.012 12.183 28.195 2,461 1.226 3,e87 Net Ineamel(axpeThJlture) tst•x 16.012 11183 28,195 2.461 1.226 3.887 N•t movam•nl In fund• 183 Total lunds e•rrf•d fomrd
THE MUSIC MAN PROJECT UMITED AS AT 30- JINE 2024 2024 FIXED ASSErs Tangible Assets 1.139 1,369 CURRENT AS8ET8 7.920 Cash at bank and in hand 69,638 41071 Cfedltors: amounts f8Alkng duo wlihin one year NET CURREKf A8SEf8(UABILffES 088 n¢on Fu Restricted funds Unrestrided findi 12,183 The comwy l tl¢ exmokKb frtyn the •11 e¢)rrtakned fft Se¢1 477 of tr Comprn kt 2Cm. lor the yew YJ JUM 2(r24. trwteos ¥¢krMMI their resporab4Itie¥ lor eytsury that the tharty keep accountlng r•cords coMY Vith se 386 ofthe and for preF4Wd fm•ncaal 8tatements vknich gi a inje •nd tatr ofthe SL ol affrs olthe cth)pany as at the eThJ oflt year and of ts n¢cffiirrfJ resources 8r#l aFpl1 of re8aurcè& Indh.r¥ incMi• &%wth"lurè, for the Ilnanc4al year wi accordance wth reqreMentS olseLKm 394 39S t4{ty vAth the reqreMeftts of the Comtoriw kt 2 rliry to Go lar a& )plutrAe to the company. The memt•f8 ve nd rww¥ed the c[ryY to olat'n an of its fKrtc481 •tattment8 for the year in westwi n a(lda ryth se(ion 476. These financk?l #lalenwls have t¢en yepred m afXfthKe h arat lo rAe& sutr4'e(t to the srnall com[ra regvne. D. Stan..... ... ........ ........ .{Oir•¢torffpAee) 16
THÉ MUSIC MAN PROJECT UMITED
FOR THE YEAR ENDED 30- JUNE 2024
NOTES TO THE FINANCIAL STATEMENTS
1. A¢¢owtlnq polkl•s
Charlty InlornMtlon
The Klusic Project Lknled is a pnvatè limlted by guarwt••
incorporaled in Engl• aThJ WalDs. Tho régithr•d offiee 18 209 ¥lÈslem Ro•d.
Tanglbl• Flx•d Ass•ts and Lwrnclatlon
Tangble assets are included at cost less depredbft ana rnpaimiarrt. Oepreciatk
has baen pThvJed at thè foU(M7ing rates Ys order io write off the assets owr thalr
•lmated us•lul INes:
Muslc EqLilTh•rt 25% Rethjcww bBlwKfj bfisls
1.1 A¢Gourrtlng conv•nllon
The financial statements havè been preparod in accordance with the charty's
a0m¥j doeJJnrt the Cwanla8 Ac 2Cth 'Acti#)tthg and Reportiia by
Chaiitie$: Slatement of Ree
THE MUSIC MAN PROJECT UMITED FOR THE YEAR ENDED 30- JUNE 2024 NOTES TO THE FINANCIAL STATEMENTS (CONTINiED) l. ACco1ft9 ptslicles lcothindI Legaci8s arn required 86 rec8ivab the rwts of onefsh¥) ha been transfefréd to thé dlarty. Assets for distributi¢ are recogimsed onty when dtstribuied. Assets gfven for use by tha chaiity arn re¢x)gnised when rnceivable. Stoths of undistributed donated g¢J)ds arn n¢ Va1 frjr tha 1)al8nc• 8ha8L Grnrt income b recognlsed wh1 th8 chaiy is aWy enthbd to rt after p8rfomian ¢ondition8 h8% I)0 m81, thé bè m8asurnd and probabl thai inc4)m• wll bo rocoiwd. Trading incoma is r•cOgnld wt•n th• sal• oexurs to th• $toMor. and Is shwi after dI$UnIS and nat of VAT. 1.4 Expendlturn Expenditure rJ recognlsed thern18 a legal or cmstrucllve oblwtkjft to maké * payrnent to a thlrd party. it Ls wd)able Ihal settknnt wlll be fequlred and the amount oflhe obllgation bo m•4wr8d rnlabty. Exw¥liturn Is classrf1 Ihe followiffj headiigs. Costs ofganeratliyj Ax)d$ include the co$ ol C(mftfcl•l trad 4Ctlwibs and Its asJoel8ted support cost and lundrnislng incurrèd peoplé and organisatsjns to ¢Irte fmanciUy to the dwrty's Wek. Ihi8 inckndes IM COAt c adwrtlslng lor donation8 and the 8t4girKJ ol Special fijndraising ewnts and all a$sotiat8d support cos. Exp•ndlturn on charlabl• adlbllies Includè• am exp•ndtturn dlr• r•latèd to activitses undertaken to further the purposa and aLiève the objtictivos of the chaiity •Tra thr •isoc•t•d supwt co. Oth•r •yp•ndthr• r•pw•sents thos• It•ms not fauiig lTrto any otr headlnq. Surport costs are Ihoié fiThaK¥lS that aMi8t li tm work olthe th•rty. Support co81$ include back olllta ¢osts, finartè and ¢OSt$ which support tho chaiiès progrnmmes and a(li¥tties. These costs haw boen alhxated lo axpMditure ¢)n charttable acthryivjs. The basLs on whlch support ha% been allo&ed arn sat out in note 8. Cash and cash eqthalenl8 Cash and cash equNalents inchjde Cash in hand, deposits held at call wlh banks, other short.tenn liwld oibestments wth onginal matur#ie$ ol three months or less. *rKI bank ordrafts. DoTratlons Funds Funds 47.074 57.573 t04,647 18
THE MUSIC MAN PROJECT UMITED FOR THE YEAR ENDED 30- JUNE 2024 NOTES TO THE FINANCIAL STATEhENTS ICONTINUED) Othr acllvltlos Funds £ Funds £ ConcArt tick6t merchwilse sales Gifl Arfl 32.329 789 33,118 33,118 Support Gov•mane• Tatal 110 110 Repairs of EquiFYnent Vènue H Concert Tickets Publi¢ Liabilty InsuraKAJ Fuel x MYiknJs Travel & Food 44,377 Website & PrNrnioro1 rmts 1.108 Subscrwns Perforni•nce ry>st$ Sundry Exp•ns6¥ Depteclatkn) 32.644 32,644 44,377 1.108 1.547 15.9 1.547 15.996 Anatyaad bth•en: Trading Charit16 actMt6•8 87 Char6t4bh donatlons made The f¢¢ to the eXtr was donat•d In th18 year. th•r•ft>rn nll th•rg•. 6 Tanglbkn FIX AM•is Mu•k Equlpm•nt Cosi or v1thtkIn At 1 thjty 20Z3 Addrtkjns AI 30 Jwo 2024 t>•prnclatlon At 1 20rJ Charge for the year At 30 Je 2024 N•t Book Valu• At 30 J8 2023 AI 30 J¢ 2024 6 Crndltorn: amounts falllng du• T#hin on• The Charty had a crndl catd uedknr rrf £1,125.04 whic* was pahj wllhln a month of the year and. 19