2025-04-01-accounts - The Sarah Nulty Power Of Music Foundation

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REGISTERED COMPANY NUMBER: CE021721 (England and Wales)
REGISTERED CHARITY NUMBER: 1189296

`REPORT OF THE TRUSTEES AND`

`UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST APRIL 2025`

FOR

THE SARAH NULTY POWER OF MUSIC FOUNDATIO
THE SARAH NULTY POWER OF MUSIC
FOUNDATION

Morton Bradley Limited
Unit 4a
Rutland Way
Sheffield
South Yorkshire
S3 8DG

THE SARAH NULTY POWER OF MUSIC FOUNDATIO
THE SARAH NULTY POWER OF MUSIC
FOUNDATION

`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST APRIL 2025`

		`Page`
`Report of the Trustees`	`1`	`to`	`3`
`Independent Examiner's Report`		`4`
`Statement of Financial Activities`	`5`	`to`	`7`
`Balance Sheet`	`8`	`to`	`9`
`Notes to the Financial Statements`	`10`	`to`	`19`
`Detailed Statement of Financial Activities`		`20`

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 1ST APRIL 2025`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended1stApril2025.Thetrusteeshaveadoptedtheprovisions of
AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).

`OBJECTIVES AND ACTIVITIES`

`Objectives and aims`

TheSarahNultyPowerofMusicFoundationsupportsaccesstomusicfordisadvantagedindividualsandgroups in
Sheffield, improving wellbeing and life opportunities through grants, classes, and instrument provision.

Thecharityaimstocelebratemusic'stransformativepowerbyfundinginclusivelocalprojectsandsupporting music
therapy and events for communities facing hardship

Duringtheyear,theFoundationawardedgrantssupportingmusicclasses,instrumentpurchases,andlivemusic therapy
sessionsincommunityandhealthcaresettings.Theseactivitiesbenefiteconomicallydisadvantaged,disabled, and
vulnerable populations, enhancing social inclusion and mental health.

Regulargrant-makingsupportedmusicclasses,instrumentpurchases,andlivemusicsessionsforindividualsand groups,
particularlybenefitingthoseineconomichardshipandwithdisabilitiesandfundedseveralcommunitymusic initiatives
and provided resources for music therapy sessions.

`Public benefit`

The foundation'sworkprovidessignificantpublicbenefitby enhancingsocialinclusion,supportingmentalhealth through
music, and expanding opportunities for personal development. Accessibility and inclusively are core to its mission.

`Grantmaking`

The Foundationoperatesa transparentapplicationprocessprioritisingprojectsalignedwithits missionto broaden music
access.

`Volunteers`

OurvolunteersaretheheartofourFoundationandsupportallaspectsofwhatwedo.OurSocialMediaand marketing
teamhaveworkedtirelesslytodevelopouronlinepresenceandexpandourfollowing.Theysupport outreach,
administration, and event coordination, greatly enhancing the Foundation's capacity.

ThetrusteesconfirmthattheyhavehadregardtotheCharityCommission'sguidanceonpublicbenefitinplanning and
delivering activities during the reporting period.

`STRATEGIC REPORT`

`Achievement and performance`

`Charitable activities`

All key objectives were met or exceeded, including increased grant awards and successful partnerships.

Fundraising targets were met through community events and online appeals.

Page 1

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 1ST APRIL 2025`

`STRATEGIC REPORT`

`Achievement and performance`

`Fundraising activities`

Duringtheyear,theFoundationfunded7largegrantsand26smallergrantssupportingadiverserangeoflocal groups.
TheseincludedcommunityorganisationssuchasElementSociety,PatternandPush,Ritetrax,Alwaysandalternative, as
wellasseveralschools,hospitals,andhospices.Thesegrantsenabledmusiceducation,therapy,andlive performance
projectsthatbenefitedpeoplefacingeconomichardship,healthchallenges,andsocialisolation,significantly contributing
to improved wellbeing and community inclusion.

`Financial review`

`Principal funding sources`

ThemainfundraisingactivitiesaregeneratedthroughacollaborationeventwithTramlinesFestivaltoamplify impact
within Sheffield.

`Reserves policy`

Reserves are held to ensure continuity of grant-making and to manage future financial uncertainties.

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.

`Charity constitution`

Trusteesarerecruitedbyinvitationandelection,guidedbytheconstitution'sprovisionstoensurediversityand relevant
skills.

`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`

CE021721 (England and Wales)

`Registered Charity number`

`Registered office`

66 Mossdale Road
Leicester
LE3 2US

`Trustees`

Mrs J Voisey
Miss D M Gigg
Miss A Martin

`Company Secretary`

Page 2

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 1ST APRIL 2025`

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Independent Examiner`

Morton Bradley Limited
Unit 4a
Rutland Way
Sheffield
South Yorkshire
S3 8DG

Thisreporthasbeenpreparedin accordancewiththe specialprovisionsof Part15 of the CompaniesAct 2006relating to
small companies.

Reportofthetrustees,incorporatingastrategicreport,approvedbyorderoftheboardoftrustees,asthe company
directors, on 15th December 2025 and signed on the board's behalf by:

Mrs J Voisey - Trustee

Page 3

`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SARAH NULTY POWER OF MUSIC FOUNDATIO`

`Independent examiner's report to the trustees of The Sarah Nulty Power of Music Foundatio ('the Company')`

I report to the charity trustees on my examination of the accounts of the Company for the year ended 1st April 2025.

`Responsibilities and basis of report`

As thecharity'strusteesof theCompany(andalsoitsdirectorsforthepurposesof companylaw)youareresponsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act
andareeligibleforindependentexamination,I reportinrespectofmyexaminationofyourcharity'saccountsas carried
outunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the
Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

`Independent examiner's statement`

Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concernsand have come acrossno othermattersin connectionwith the examinationto whichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jack Charlesworth

Morton Bradley Limited

15th December 2025

Page 4

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1ST APRIL 2025`

		`1.4.25`	`1.4.24`
		`Unrestricted`	`Total`
		`fund`	`funds`
	`Notes`	`£`	`£`
`INCOME AND ENDOWMENTS FROM`
`Donations and legacies`	`2`	`31,443`	`30,827`
`Investment income`	`3`	`160`	`-`
`Total`		`31,603`	`30,827`
`EXPENDITURE ON`
`Raising funds`	`4`	`551`	`1,431`
`Charitable activities`	`5`
`Mossbrook school Grant`		`750`	`500`
`Sheffcare Ltd Grant`		`285`	`-`
`The Childrens Hospice`		`500`	`2,000`
`Pattern and Push`		`750`	`2,000`
`Snow Drop Project`		`-`	`689`
`Mondo Radio`		`-`	`2,000`
`Concerteenies`		`500`	`-`
`Brightside`
		`750`	`500`
`Body of Sound`		`500`	`-`
`Darnall Dementia`		`-`	`500`
`Roundabout`
		`-`	`500`
`South Yorkshire Housing`		`-`	`500`
`Bluebell Wood`		`-`	`2,000`
`Tapton School`		`-`	`500`
`Run For All Ltd`		`350`	`280`
`Ritetrax`		`2,750`	`500`
`Grimethorpe Youth Centre`		`-`	`490`
`Youth Offenders`
		`-`	`2,000`
`Theodora Children`		`-`	`500`
`Paces Sheffield`
		`-`	`2,000`
`The Voice Academy`
		`750`	`609`
`Alex Deadman`		`750`	`-`
`Always an Alternative`		`2,000`	`-`

The notes form part of these financial statements

Page 5

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1ST APRIL 2025`

		`1.4.25`	`1.4.24`
		`Unrestricted`	`Total`
		`fund`	`funds`
	`Notes`	`£`	`£`
`Anns Grove Primary School`		`600`	`-`
`Choir With No Name`		`500`	`-`
`Classical Sheffield`		`500`	`-`
`Daniel Jude`		`943`	`-`
`David Sheard Jazz Festival`		`750`	`-`
`Elements Society`		`750`	`-`
`Enrichment for the enrichment`		`2,000`	`-`
`Friends Of Meersbrook`		`750`	`-`
`Friends of the Orchestra`		`750`	`-`
`Giggle Doctors`		`900`	`-`
`High Green Muscial Theatre`		`500`	`-`
`The Leadmill`		`1,500`	`-`
`Saint Clare Catholic School`
		`750`	`-`
`Seven Hills School`		`650`	`-`
`Sharrow Festival`		`2,000`	`-`
`Sheffield University`		`750`	`-`
`Slambarz`		`2,000`	`-`
`Spring Tank Studio`		`750`	`-`
`St Lukes Hospice`		`1,730`	`-`
`Valley Music Festival`
		`750`	`-`
`William Levick School`		`750`	`-`
`Yorkshire Wind Orchestra`		`500`	`-`
`Melanie Carl`
		`280`	`-`
`Loros Hospice`
		`150`	`-`
`Other`		`1,668`	`7,314`
`Total`		`34,357`	`26,813`
`NET INCOME/(EXPENDITURE)`		`(2,754)`	`4,014`
`RECONCILIATION OF FUNDS`
`Total funds brought forward`		`49,806`	`45,792`

The notes form part of these financial statements

Page 6

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1ST APRIL 2025`

		`1.4.25`	`1.4.24`
		`Unrestricted`	`Total`
		`fund`	`funds`
	`Notes`	`£`	`£`
`TOTAL FUNDS CARRIED FORWARD`		`47,052`	`49,806`

The notes form part of these financial statements

Page 7

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`BALANCE SHEET 1ST APRIL 2025`

`1.4.25` `Unrestricted` `fund` `Notes` `£` `CURRENT ASSETS` `Cash at bank` `47,053` `CREDITORS` `Amounts falling due within one year` `11` `(1)` `NET CURRENT ASSETS` `47,052` `TOTAL ASSETS LESS CURRENT LIABILITIES` `47,052` `NET ASSETS` `47,052` `FUNDS` `12` `Unrestricted funds` `47,052` `TOTAL FUNDS` `47,052`	`1.4.24` `Total` `funds` `£` `50,526` `(720)` `49,806` `49,806` `49,806` `49,806` `49,806`

ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 1st April 2025.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
1st April 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)ensuringthatthecharitablecompanykeepsaccountingrecordsthatcomplywithSections386and387of the
Companies Act 2006 and

(b)preparingfinancialstatementswhichgivea trueandfairviewof thestateof affairsof thecharitablecompany as
attheendofeachfinancialyearandofitssurplusordeficitforeachfinancialyearinaccordancewith the
requirementsofSections394and395andwhichotherwisecomplywiththerequirementsoftheCompanies Act
2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

continued...

Page 8

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`BALANCE SHEET - continued`

`1ST APRIL 2025`

Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon15thDecember2025 and
were signed on its behalf by:

J Voisey - Trustee

The notes form part of these financial statements

Page 9

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST APRIL 2025`

`1. ACCOUNTING POLICIES`

`BASIS OF PREPARING THE FINANCIAL STATEMENTS`

Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicableto charitiespreparingtheir accountsin accordancewith the Financial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies
Act 2006. The financial statements have been prepared under the historical cost convention.

`INCOME`

All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds,it is
probable that the income will be received and the amount can be measured reliably.

`EXPENDITURE`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
the amountof the obligationcanbe measuredreliably.Expenditureis accountedforon an accrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.

Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedasa commitment
but not accrued as expenditure.

`TANGIBLE FIXED ASSETS`

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment- 33% on cost

`TAXATION`

The charity is exempt from corporation tax on its charitable activities.

`FUND ACCOUNTING`

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restrictedfundscanonlybe usedforparticularrestrictedpurposeswithinthe objectsof the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`2.` `DONATIONS AND LEGACIES` `Gifts` `Donations` `3.` `INVESTMENT INCOME` `Interest receivable - trading` `4.` `RAISING FUNDS` `RAISING DONATIONS AND LEGACIES` `Support costs`	`1.4.25` `£` `(1)` `31,444` `31,443` `1.4.25` `£` `160` `1.4.25` `£` `551`	`1.4.24` `£` `1` `30,826`
		`30,827`
		`1.4.24` `£` `-` `1.4.24` `£` `1,431`

continued...

Page 11

`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`5. CHARITABLE ACTIVITIES COSTS`

`CHARITABLE ACTIVITIES COSTS`
	`Grant`
	`funding of`
	`activities`
	`(see note`
	`6)`
	`£`
`Mossbrook school Grant`	`750`
`Sheffcare Ltd Grant`	`285`
`The Childrens Hospice`	`500`
`Pattern and Push`	`750`
`Concerteenies`	`500`
`Brightside`
	`750`
`Body of Sound`	`500`
`Run For All Ltd`	`350`
`Ritetrax`	`2,750`
`The Voice Academy`
	`750`
`Alex Deadman`	`750`
`Always an Alternative`	`2,000`
`Anns Grove Primary School`	`600`
`Choir With No Name`	`500`
`Classical Sheffield`	`500`
`Daniel Jude`	`943`
`David Sheard Jazz Festival`	`750`
`Elements Society`	`750`
`Enrichment for the enrichment`	`2,000`
`Friends Of Meersbrook`	`750`
`Friends of the Orchestra`	`750`
`Giggle Doctors`	`900`
`High Green Muscial Theatre`	`500`
`The Leadmill`	`1,500`
`Saint Clare Catholic School`
	`750`
`Seven Hills School`	`650`
`Sharrow Festival`	`2,000`
`Sheffield University`	`750`
`Slambarz`	`2,000`
`Spring Tank Studio`	`750`
`St Lukes Hospice`	`1,730`
`Valley Music Festival`
	`750`
`William Levick School`	`750`
`Yorkshire Wind Orchestra`	`500`

continued...

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`5.`	`CHARITABLE ACTIVITIES COSTS - continued`
	`Melanie Carl`
	`Loros Hospice`

280
150
32,138

continued...

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`6. GRANTS PAYABLE`

`GRANTS PAYABLE`
	`1.4.25`	`1.4.24`
	`£`	`£`
`Mossbrook school Grant`	`750`	`500`
`Sheffcare Ltd Grant`	`285`	`-`
`The Childrens Hospice`	`500`	`2,000`
`Pattern and Push`	`750`	`2,000`
`Snow Drop Project`	`-`	`689`
`Mondo Radio`	`-`	`2,000`
`Concerteenies`	`500`	`-`
`Brightside`
	`750`	`500`
`Body of Sound`	`500`	`-`
`Darnall Dementia`	`-`	`500`
`Roundabout`
	`-`	`500`
`South Yorkshire Housing`	`-`	`500`
`Bluebell Wood`	`-`	`2,000`
`Tapton School`	`-`	`500`
`Run For All Ltd`	`350`	`280`
`Ritetrax`	`2,750`	`500`
`Grimethorpe Youth Centre`	`-`	`490`
`Youth Offenders`
	`-`	`2,000`
`Theodora Children`	`-`	`500`
`Paces Sheffield`
	`-`	`2,000`
`The Voice Academy`
	`750`	`609`
`Alex Deadman`	`750`	`-`
`Always an Alternative`	`2,000`	`-`
`Anns Grove Primary School`	`600`	`-`
`Choir With No Name`	`500`	`-`
`Classical Sheffield`	`500`	`-`
`Daniel Jude`	`943`	`-`
`David Sheard Jazz Festival`	`750`	`-`
`Elements Society`	`750`	`-`
`Enrichment for the enrichment`	`2,000`	`-`
`Friends Of Meersbrook`	`750`	`-`
`Friends of the Orchestra`	`750`	`-`
`Giggle Doctors`	`900`	`-`
`High Green Muscial Theatre`	`500`	`-`
`The Leadmill`	`1,500`	`-`
`Saint Clare Catholic School`

continued...

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`6. GRANTS PAYABLE - continued`

`Seven Hills School` `Sharrow Festival` `Sheffield University` `Slambarz` `Spring Tank Studio` `St Lukes Hospice` `Valley Music Festival` `William Levick School` `Yorkshire Wind Orchestra` `Melanie Carl` `Loros Hospice` `SUPPORT COSTS` `Raising donations and legacies`	`750` `-` `650` `-` `2,000` `-` `750` `-` `2,000` `-` `750` `-` `1,730` `-` `750` `-` `750` `-` `500` `-` `280` `-` `150` `-` `32,138` `18,068` `Management` `£` `551`

`7. SUPPORT COSTS`

`8. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended1stApril2025norfortheyear ended
1st April 2024.

`TRUSTEES' EXPENSES`

There were no  trustees' expenses paid for the year ended 1st April 2025 nor for the year ended 1st April 2024.

continued...

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`
	`Unrestricted`
	`fund`
	`£`
`INCOME AND ENDOWMENTS FROM`
`Donations and legacies`	`30,827`
`EXPENDITURE ON`
`Raising funds`	`1,431`
`Charitable activities`
`Mossbrook school Grant`	`500`
`The Childrens Hospice`	`2,000`
`Pattern and Push`	`2,000`
`Snow Drop Project`	`689`
`Mondo Radio`	`2,000`
`Brightside`
	`500`
`Darnall Dementia`	`500`
`Roundabout`
	`500`
`South Yorkshire Housing`	`500`
`Bluebell Wood`	`2,000`
`Tapton School`	`500`
`Run For All Ltd`	`280`
`Ritetrax`	`500`
`Grimethorpe Youth Centre`	`490`
`Youth Offenders`
	`2,000`
`Theodora Children`	`500`
`Paces Sheffield`
	`2,000`
`The Voice Academy`
	`609`
`Other`	`7,314`
`Total`	`26,813`
`NET INCOME`	`4,014`

continued...

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`

				`Unrestricted`	`Unrestricted`
				`fund`
					`£`
	`RECONCILIATION OF FUNDS`
	`Total funds brought forward`			`45,792`
	`TOTAL FUNDS CARRIED FORWARD`			`49,806`
`10.`	`TANGIBLE FIXED ASSETS`
				`Computer`
				`equipment`
				`£`
	`COST`
	`At 2nd April 2024 and 1st April 2025`				`446`
	`DEPRECIATION`
	`At 2nd April 2024 and 1st April 2025`				`446`
	`NET BOOK VALUE`
	`At 1st April 2025`				`-`
	`At 1st April 2024`				`-`
`11.`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
		`1.4.25`		`1.4.24`
		`£`		`£`
	`Trade creditors`		`1`		`-`
	`Accrued expenses`		`-`		`720`
			`1`		`720`

continued...

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`12. MOVEMENT IN FUNDS`

`MOVEMENT IN FUNDS`
		`Net`
		`movement`	`At`
	`At 2.4.24`	`in funds`	`1.4.25`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`49,806`	`(2,754)`	`47,052`
`TOTAL FUNDS`	`49,806`	`(2,754)`	`47,052`
`Net movement in funds, included in the above are as follows:`
	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`31,603`	`(34,357)`	`(2,754)`
`TOTAL FUNDS`	`31,603`	`(34,357)`	`(2,754)`

`Comparatives for movement in funds`

`Net` `movement` `At 2.4.23` `in funds` `£` `£` `Unrestricted funds` `General fund` `45,792` `4,014` `TOTAL FUNDS` `45,792` `4,014`	`At` `1.4.24` `£` `49,806`
	`49,806`

Comparative net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`30,827`	`(26,813)`	`4,014`
`TOTAL FUNDS`	`30,827`	`(26,813)`	`4,014`

continued...

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`

`12. MOVEMENT IN FUNDS - continued`

A current year 12 months and prior year 12 months combined position is as follows:

`Net` `movement` `At 2.4.23` `in funds` `£` `£` `Unrestricted funds` `General fund` `45,792` `1,260` `TOTAL FUNDS` `45,792` `1,260`	`At` `1.4.25` `£` `47,052`
	`47,052`

A currentyear12 monthsandprioryear12 monthscombinednetmovementinfunds,includedintheabove are
as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`62,430`	`(61,170)`	`1,260`
`TOTAL FUNDS`	`62,430`	`(61,170)`	`1,260`

`13. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 1st April 2025.

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`THE SARAH NULTY POWER OF MUSIC FOUNDATIO THE SARAH NULTY POWER OF MUSIC FOUNDATION`

	`DETAILED STATEMENT OF FINANCIAL ACTIVITIES`
	`FOR THE YEAR ENDED 1ST APRIL 2025`
		`1.4.25`	`1.4.24`
		`£`	`£`
`INCOME AND ENDOWMENTS`
`Donations and legacies`
`Gifts`		`(1)`	`1`
`Donations`		`31,444`	`30,826`
		`31,443`	`30,827`
`Investment income`
`Interest receivable - trading`		`160`	`-`
`Total incoming resources`		`31,603`	`30,827`
`EXPENDITURE`
`Charitable activities`
`Grants to institutions`		`32,138`	`18,068`
`Other`
`Direct costs`		`1,668`	`7,314`
`Support costs`
`Management`
`Insurance`		`146`	`-`
`Postage and stationery`		`55`	`65`
`Advertising`		`350`	`500`
		`551`	`565`
`Governance costs`
`Accountancy and legal fees`		`-`	`866`
`Total resources expended`		`34,357`	`26,813`
`Net (expenditure)/income`		`(2,754)`	`4,014`

This page does not form part of the statutory financial statements

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