R•*wad r￿thr. 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 PR0￿CT LIMITED FOR THE YEAR E￿￿ED 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 c￿a¢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 lF￿17r201g) (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. s￿rth8nd on Sofi. Ess&K SS11LH THE MUSIC IAAN PROJECT UMITED FOR THE YEAR ENDED 30- ju￿ 2024 CONTENTS P*g• 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 d￿rity objEc￿s. l. Provxle a￿tt￿ble musk tultlon leadln8 to Inspirnti￿al 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 s￿M with the separnte tradlng tompany acco￿ts. The a¢¢ountsrts were èxlremèly Impressed with the quality ofmy attout)ts usin8 thls software. ar￿ thei were able to Pffjdu￿ end4jtwearatL￿fits for thetrading axnpany ¥8y qulthy and wlthout any Issues. As with the tradin8 Com￿nya¢cOU￿ts, 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 acC￿ntants. The Xero software remo¥e5 the ne•d for an¥￿thIs. I cats ¢1￿ a Ipje dem￿￿t￿th 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 pl￿ected pO￿ts speafic thariiable xtfvh￿es. Thank you to the staff and st￿ents 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 t￿t it tvmed out to bE the best de(isOon at the best time. TrUst￿S 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￿ CoM￿nY funds cover teacher W￿e5 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, I￿oRT) 1.3 Mu51t Projecl K•nt Music Man Proprt have kindly donated É3,(m to The Mv5ic Man Proptt ch￿lty. llw5 ¥AII be ring-fenced f transport Costs far Kentlu future Roya Albert klall 2.Re lonal Pro ects We ￿Tr￿nIty 13 re8ional woieLts arouThl the UL. Essex. KenL &￿se4 Suffoll 8athl&lstrl* HampsNre, Llncolnshire. ScotlarKI. Lwcashke, S￿erSeL Balham (Lonth)nl. Portsmouth and HertlNdshl¥e. The PAu5ic Man Project Ambassad￿$ ¥isited N￿lry￿a￿ In May with the Safvatim Amiyto enry￿ra8@ a now regional project there. We pr(Nlded a grant of £5￿1 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& le81￿al (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 perf￿med theirfirst e¥w con￿rtthiS 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 wf*kshop 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 8re*ost 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 s￿then& 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. SIN￿d bythe band of HIS Makstvs Wal Marines. massed thotrs. speiyal guests and Mithaei BaL It te3￿r￿d on natit)nal ni. radlo and in the pr FInancIal￿. tht eveni made around É25.LXIO wofil but tyl¥ beause ofthe generosity c*our sUPPOrters, performers, crew and technical team who gave ill thtir servir£s for free. If we had to pay for these sevvice5 thE con￿rtWoUld have made a1055. M￿t In)￿xtantfy. the am￿rtwaS onty ￿sSil4e thanks donations and fundraI￿n& 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 docuMentaryolx￿t tht doy olthe show. After 20 years ot tryin8 to perform at the Hall. The h￿SiC 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 d*ir ￿￿￿t3mLyt1ou5 athienbjre ￿ when they perfonned atthe Royal Nr￿a So>t•a InteTnatiord Tatt￿ In Canada. accomynled by the Central Bend ofthe RAF. Theiy itin*rary over the 12 days induded 5 per1￿Man￿. 3 wori%hops. 15 hours of rehearsals. 4 VIP receptions and 5 audience photo callL I'm woud to rel￿ that we *re a h￿e 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 eXp￿ience. vthich lftdioes the TEAM LEWIS dD(un￿ryfilm. 3.3 Fuftdraklry Con(4rt 4¢ th• l•rydryk Down C*nlrt10rt24) Trustee Ken Cootes has Se0Jr￿ a conortat histyK Norniansfield Th￿tre on OciDber 2e at6wn. Tickets are on sale now. We need to sell ihe tl(kets ts) ensure a s￿¢t¢SsftA e*nt. 4. Partnershl The Musk Man ProJ•rt cwrenttyworks In partr*rsl*p wlth th* folk￿ing u8ani5*1rms: ITEAM LEWIS TEAM LEWIS have supported us Sin￿ Cttober 2021. In the last 6 months their help has In1yea￿ *nlficantly. Exam*5 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'Alle8rtrm￿1eratO. (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 M*ln•s B•nd S*Thk* 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. Exam*s indude: . 2 Teheatsa15 at HMS Collirywocrfl f￿the A￿31 Albert Hall show Arran¥lN4 2 hours 0¢ our musk for thelff b3nd (from my crnir¥Jslrk*is and adapilne Al's orllhnal arrèngements) Accompanyin8 our Albert Hall shth¥ for nothin8 other than tnvel and food *xpnses . Attending meetirys to disoJ5s the music￿1 w(man￿5 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 fu￿1¢. ￿en tlwh ￿r￿1¢Inal wpix¥tw. Jas<￿ Bwtham hasn(w wetired. FU￿re ￿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 O￿anaIreS 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 fundraiS￿g campay for one olthelr band membets. SDphie, who was sadty dia8nosed wtth Mc*or NÈun)M Disèasè in January. aeed ju# 26. Individually, or in small teams, pe￿e are coMFdet1T￿ a challen8e of 26"s 8righton and at St Helen's SafvatlonArmy on Merseyside, rA)toniièlty with a school workshop as part ol the trip. Further infomatlon io follow. 5 Es*x MuslcS•rvk• Followin8 a year of dellvering muslcwtykshops for Primary Schools behaff of Essex County Council Musi¢ 5eNce. we have nv4¥ been asked to partner more dosefy wlth the new Essex Music Education Hyb whith wlll oversee Esse& Southend and Thurro¢k aUth<￿tIes. C*Ji acti¥iiles for 2024125 wlll Indude.. 4 lar8&scale Ihe perfomianos around the Cwntyfor muttiple SC*￿1$ in sports hams An onlint irteraLli¥e muslcworkshop every hall term tsSEND sthools a(Tass the cwnty, dellvered from Lei Salvation Anrry bythe MMP E5￿5￿J(knts More school wcrtshops Online resour￿5 for SEND schools to use All of the 3bo¥e wil be costed to ensure the tharity benefits financialy. THE MUSIC MAN pR￿CT 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 paral￿Te￿n at the Rounth(xw i￿NI(￿ trBC) Concert in Truro, Cornwall, inthding workshops for k￿al schools tr8CI Collab(¥atlon wlth ESS h . Thlscomparty supkxyts anned forces Jcross the UK. Th￿re 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 a￿Onall*S 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 ex￿ing tht PDssiblity of a Muslc Man Pr4ect Yan to take our Instrnments around the UK on MMP ambassador trlp5. This w{x￿d 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 I￿atsIe rarnpfor us to use trIp5 and at e￿nts. 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 con￿rtS and events. The ser%ice is fvee forfree conceTts b¥Jt small percenta8e is tsken for tKkets ¥hiith we thar8e f￿. I hal* Ilnked E￿nt¢Ubt to our Strfjpe onllne payment account so money will be a￿oMatIcallY transferred kn our bank As well as our <>wn toncerts. thi5 ser¥7ce wil help allocate VIP tickets fry third party concerts •KI maity e￿its like the ft0￿1 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 con￿rts 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 t￿teftt relatlng to both the Royal Al￿rt 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 C￿ada 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 sO￿hend. 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 wl1j￿dla 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 ccffitln4*d todellvei tr* wee*Jy Zoom stts1￿ rKrtfvst lor MMP Kent students butfor students fr￿n across the country. Thry cwlnue to be very popul¥ and well.attefided. IS Ask the M￿k 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 c*yxments 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. a￿The Muslc Man 81ry I continuedto wrile IA(yo¥er the pot 6 m￿th$. 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 recei￿1 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 A*Y4)assatss have I￿r￿ed tireks4yo4*rthe W 6 months, knr&xlinK: Ralslry awaveness in the fialk)nal and kKal rnedla Ralsirq money for UK widE e￿nts such a5 the Rtyal Al)ert Hall Nurturin8 partnerships with TEAM LEWI% the Royal Ptharines and RAF • Dellveylni workshops lor the Salvatlon ￿m¥ Dellvethi S￿￿01 wor*sl*ops for EssexC¢thity Coundl Perfarniin8 conctrts Appearin8 lrt TEAM LEWIS films 11. 8 k Publlcatlo The Musle Man Project fe•ts*es itt a new book ty TEAM LEWIS CEO, Chris I￿S, 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 off*ial rekn is the bÈwnnlne ofseptembey. 12. Awards I was honoured to r￿￿1¥ethe Prime Mini5terfs Pohrt d i*lrt 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(M*listod fty tho KIn￿A￿an1 lor V0￿￿tarys0NIrnL 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 fo￿SeS on the oxtraordlnary work of the ambassadors. our voluntary effortas a whole was indwled in the aWIKJtiL￿- from my h￿[5 rurnin8the d￿rity10 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 P*ron Ama Fth. i atyJres•0s and r•liè$ aolety on ￿J￿nther wothrs. W• arn very 9rnt0￿1 to all our vobJnteerworknr& w1hr￿ the th•lty couhl not func1k￿. Tha Dr•dots' aTrl Twth•$' roWI Tm by tho Bowd of Truth•s. DaNid S ILJ.J .i.zC 12 THE MUSIC MAN PROJECT uifffED FOR THE YEAR ENDED 30- JUNE 2024 STATEMENT OF DIRECTORS. AND TRUSTEES, RESP0PM￿s The tfu*ees, WIM) awe also the drectorn of The ￿￿siC Man PIDiect L•nited fi)r the purpose of company k*¥, arn wespfmsible br preparirwj fv OKectorn' arKI Trustees, Report arKI tha fmancial statements in accordance t*ilh apptscable I￿ and United ACco￿til9 Standards OJnited Kingdom Generalty Accepted kcountlig Praciice). Law requlres the Injstees to prepare lknandal Sts1￿￿nIS for each fir￿r￿181 y￿r whth give a INe and fair vie4¥ oftlx state of affairs ofthe charity and ofthe incoming rosoureas and apwution of resou￿¢$. incl￿N￿j the inc¢)m6 and expenditure. ofthe chartable C￿mp￿Y k)r It￿ Y￿r. In prepartng these rfftar￿￿ sthtsrnrts. IM Irustees are kn: 8¢lé¢t 8Uitabkn *¢C￿nI¥￿ and thort •ppty tliem fA)nsi8t•nty: mak• iidgernénts and •StI￿￿e1 that arn rnax)Mble and pThMl•nt: state whether applrAbl& UK Accountlr#J Slandards ha￿ b8en folknwed. sub￿￿ to ary dapartwes discbsed aThl expla￿ed ￿ the financwl Stat￿ents. and prepare the flnancial statenxnts on golng concom balis unltssi il 18 imppropriat to presumè that the dwity wll c¢)nllnue #i opèrntKXI. Th• tnJ*8es afo reiponsknh fi)r kelpww adowat• accountwig rncords that dl•cbw wtth reas¢)nobb 8¢¢urncy at 8ny tlme the fkn•n¢lal p￿ttIOn 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$. 13 THE MUSIC MAN PROJECT UMITED FOR THE YEAR ENDED 30- JUNE 2024 INDEPENDEKF EXAMINER'S REPORT W• re[￿rt lo tho tru*aes on ow ofthe knnciAI #atem&nts ofTh8 Music M Prw LNrted (the Ch￿lty) forthe year end•J 2024. R•sponslbillti•s and basis af rtport As trustèès of tha charity (and also its directo￿ for the pryses of cc¥npany }**) y are responsibl& Ix the prePara￿n ofthe f￿￿￿al ￿en￿nIS In accudance w#h the requlrow•nts of the Ccfflparwa A(* 2(￿ Ohe Act). Wo are satisfied fm•K4al st*em•th of the cha￿Y we ffjt rnW*ed to be audl¢d undef Part 16 of the 2C(6 Act and are eligb* for independent 6yarrina￿n. report in respect ol our examinatifm ofthè thaity's f¥iancial 8tsternénts taff&8d rxrt und8r sedk>n 145 01th& ChailIi88 20110tr* 2011 Ad). In carryiNJ (￿t our ex8Mkn*iC￿ we h•w al tr appl￿ble Direct•)ns gi¥en ty Ihe Charty CoftThissM)n undef section 1445)(b) ol Ihe 2011 Indép•ftd•nt •xarnkn•f• •tat•ment Wé havè our 6x*n¥iation. W• c¢xfflnTr that no rn*tern to our att•nkn In eonnecti)n wlth the exAnination that ga* us ca￿e to beHeNe kn any fflateAal aspèeA: 1. aceounting re¢ord8 wern not kw kn M8F•L* d th• ¢h•rty a$ rnquhd ty sactlon 386 of the 21Th Act,. or 2. the financ*1 Stalem￿ ¢k• ac¢yJrd wlh thos• (Kf¥ds: or 3. Ihe financlal staleffthts do not compty whh th• a￿oUnt1￿j 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 Ind6pend￿t 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 chath*s prepaiKw th•'r xcounls in acoydan¢e with tho FiMncl•l Reportty￿ tslaThJarf appkabl• In lh• UK Rewblk ol Ire*ThJ (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 ￿ Boo*Wiig 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 F￿dts 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¢ ex*mokKb frtyn the •￿11￿ e¢)rrtakned fft Se¢*1￿ 477 of tr Comprn kt 2Cm. lor the yew YJ JUM 2(r24. trwteos ¥¢krMMI* their respor￿ab4Itie¥ lor eytsury that the tharty keep accountlng r•cords coM￿Y V*ith se￿￿￿ 386 ofthe and for preF4Wd fm•ncaal 8tatements vknich gi￿ a inje •nd tatr ￿ ofthe SL* ol aff*rs olthe cth)pany as at the eThJ oflt* year and of ts n¢cffiirrfJ resources 8r#l aFpl￿*1￿ of re8aurcè& Ind￿h.r¥ incMi• &%wth"lurè, for the Ilnanc4al year wi accordance wth ￿ req￿reMentS olseL*Km 394 39S t4￿￿{ty vAth the req￿reMeftts of the Comtoriw kt 2￿ r*liry to Go lar a& *)plutrAe to the company. The memt•f8 ￿ve nd rww¥ed the c[ry￿Y to ol*at'n an of its fK*rtc481 •tattment8 for the year in westwi n a(￿lda￿ ￿ryth se(*ion 476. These financk?l #lalenwls have t¢en yepred m afXfthKe **h ar*at* lo rA￿￿￿e& 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 depred*bft 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 a0￿m￿¥j doeJJn*rt the Cwanla8 Ac* 2Cth 'Act*i#)tthg and Reportiia by Chaiitie$: Slatement of Ree {elle(ab￿ l JaNary 2019).. The charfty Is a PublK Bonefft Entty as defirnd ty FRS102. The I*1¥￿411 It*•mthts arn preparnd kn 31&th9. wNeh Is th• IlJn(thnal of the Charity. Nlonetary anioimts kn th•2• lknanclal statemerts arn rwtthl to tho n•ar•81 £. The ffftancAal slatements hawj be4n prnpared und•r It￿ hi•t*xk•l cosl coftvofttlon. Th6 prfncwi xcounltrffj pokns adcylod are set Imrt rth. 12 Charltable funds Unrestricted fw*ds are •valabl• for u8• al ts discrelbn ollho Iruit•M in fvrtheran¢e crfthèir Char￿1e ob*dlw& Restilcted thnds are subjoct to ¢onthlx>n$ by donors as to they may ba U￿d. Thq purposes ind uses ol the fostrlded fijnds are set oui In the not•$ to the financial siatanonts. Endty*ment funds arn subjecl to conditms ty donorn that the caphal mJ•t be mantain&d by the 1.3 ITh￿ Income is rwnigad ¥rt￿l the chanty is *galty entlled to It after any perfomianvJ ¢onditK)n$ been mrt Ilyk mxrts can be meaf4Jred reliably. atxl it is probable that inc4)ftw WIH be received. Ihe charty has been rKJlified ofthe donaticffl. unless perf0M￿ condrtions requke deferral ofthe *nfAJrt. In03me lax recoNxirable in telation to dondons re¢8Ned ur¥Jer Grtl Avl or deeds of covon•tt is recogntsed at the tkne of thg thJHiion. 17 THE MUSIC MAN PROJECT UMITED FOR THE YEAR ENDED 30- JUNE 2024 NOTES TO THE FINANCIAL STATEMENTS (CONTINiED) l. ACco￿￿1ft9 ptslicles lcothin￿dI Legaci8s arn required 86 rec8ivab* the rwts of o*nefsh¥) 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¢* Va￿￿1 frjr tha 1)al8nc• 8ha8L Grnrt income b recognlsed wh*1 th8 chai*y 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•cOgn￿ld 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 settkn*nt wlll be fequlred and the amount oflhe obllgation bo m•4wr8d rnlabty. Exw¥liturn Is classrf￿1 Ihe followiffj headiigs. Costs ofganeratliyj Ax)d$ include the co*$ ol C(mft￿fcl•l trad￿￿ 4Ctlwibs and Its asJoel8ted support cost and lundrnislng incurrèd peoplé and organisatsjns to ¢￿I￿rte fmanci*Uy to the dwrty's We￿k. Ihi8 inckndes IM COAt c adwrtlslng lor donation8 and the 8t4girKJ ol Special fijndraising ewnts and all a$sotiat8d support co*s. Exp•ndlturn on charlabl• adlbllies Includè• am exp•ndtturn dlr• r•latèd to activitses undertaken to further the purposa and aL*iève the objtictivos of the chaiity •Tra th￿r •isoc•t•d supwt co*. Oth•r •yp•ndthr• r•pw•sents thos• It•ms not fauiig lTrto any ot￿r headlnq. Surport costs are Ihoié fiThaK¥lS that aMi8t li tm work olthe th•rty. Support co81$ include back olllta ¢osts, finartè and ¢OSt$ which support tho chai*iès 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 o￿rdrafts. 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) Oth*r 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 & PrNrn*ioro1 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 Charit￿16 actMt6•8 87 Char6t4bh donatlons made The f¢¢ to the eX￿tr￿ was donat•d In th18 year. th•r•ft>rn nll th•rg•. 6 Tanglbkn FIX￿ AM•is Mu•k Equlpm•nt Cosi or v1th￿tkIn At 1 thjty 20Z3 Addrtkjns AI 30 Jwo 2024 t>•prnclatlon At 1 20rJ Charge for the year At 30 J￿e 2024 N•t Book Valu• At 30 J￿8 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