MUSIC FOR MENTAL HEALTH nnual Report for the lear Etsded 30 June 2024 ' Ibr Tonlc Mu8&0 for Melltsl He81th Ltll Registered Cornpany Numbef.. 08093898 (England and Walesl Ristered Chatty Number. 1189913
Oontent8 strategic Report structure, Govemance and Management Recruitment and Appointment of TrusteeslDirectors Advisory Board Patrons & Ambassadors Administration Infomiation What We Do 10 structure. Governance and Management Mission, Charitable Objects, Vision. ilalues and Activities Signfficant Activities Grants 11 12 14 14 A Year in Numbers 15 Moniloring'our Performance Participant Quotss Future Plans 17 19 19 Development (Futur8 Plans} Tonic Rider {Future Plans) Never Mind The Stigma (Future Flans) Public benefit 20 21 22 23 Summary of Trading Performance and Going Concern Reserves Policy Independenl Examiner's Report . Statement of Financial Activities 23 24 26 26 Balance Sheet 27 Notes to the Financial Statements AMu81 Rts ofthe Truste88 d Fk)8ncW Statem8nl8 forthe Yw Ended 30 JUM 2024 TOXIC
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2024. The Ifustees have adopted the provisions of Accounting Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102}. strateglc Report We continued to see a growth in in¢ome during the reporting year 2023-24, building on the partnerships established in the previous year. This financial stability enabled Tonic Music to expand its staffing team to increase its expertise in the areas of event management, music promotion and administration. As set out in this report, the year marked a significant shift for Tonic Music, a5 we transitioned from a local focus to national mental heaSth support. As part of that growth it was recognised by the existing board ol Irustees that il was important to review the membership and expeitse of the board, to ensure that Irustses have the right skills and experience to oversee the charty's change of direction. Following the yearnd, but before preparation of this report, four new trustees joined the board, brlnglng valuable expertise from varying backgrounds, including.. law, charities, marketlng and accountlng. They are.. Guy Morpuss KC, a barrister and author- Julie Davies, a former solicitor with experience of charity work. Richard Walters. who has extensive experience in marketing, communication and developing businesses- and David Dearman, a forensic accountant and 8xpert witness. As part of this reoTganisation a number of the existing board of trustees Stepped down. Geoff Steward has remained as a Iruslee, ensuring conlinuity in oversight and governance. Tonic Music thanks the departing trustees for their service to the charty over the years. Their support and hard work have been much appreciated and played a vf(al role in the charity's success. Annual Report of Ihs Trut8 FInartI Statements furlhe Year Ended 30 June 2024
Trustee name Date of appointment End of terni of offi¢0 Reslgned Tenn of office Abigail Charlotte Emilia Amey 4 February 2019 4 February 2025 1 May 2024 Fifth Victorla Ann Barwood 4 February 2019 4 February 2025 1 September 2024 Fifth Stephen Matthew Curtis (Chair) 8 November 2020 8 November 2026 27 August 2024 Four Geoff Steward 18 July 2022 18 Juty 2025 NA Third Gloria Lynette Miller 19 October 2022 19 October 2025 15 October 2024 Second Geoff Terence. Priestley 21 Nov 2022 21 November 2025 25 June 2024 Second Matthew Leonard .Shires 14 January 2023 14 January 2025 11 December 2024 First Carla Maa Slevin 8 February 2024 8 February 2027 6 Juty 2024 First Richard Thomas Walters 11 September 2024 11 September 2027 NA First Davld Mark Dearman 15 October 2024 15 October 2027 First Guy Morpuss (Chair) 13 November 2024 13 November 2027 NA First Julie Louise Davies 5 January 2025 5 January 2028 NA First Exemptlons from Disclosure NIA Funds held as custodian trustee on behalf of others NIA Annu Rewt ofthe Twstee9 Ind FInanCb Statement4 lor ihe Year Ended 30 )*2024 TWIC
8trnctuTh (lovernance and Alanagenent The Charity is controlled by its Goveming Document, its Memorandum and Articles of Association, being a company limited by guarantee, as defined by th8 Companies Act 2006. Name The name of the company is Tonic Music for Mentsl Health Ltd (the Charity)- Reglstorod Company Number 08093898 (England and Wales) Reglstered Charlty Number 1189913 Reglstered Offl¢e Morris Crocker, North Street, Havant, P09 IQU Accountants Morris Crocker, North Street, Havant, P09 IQU Administration Infomiation Tonic Music for Mental Health 1> a company limited by guarantee, as well as a registered charity. The organigation was Created in 2012 and the charity was created on 12 June 2020. The written constitution and goveming document is the Memorandum and Articles of Association, which were created in 2020 when the organisation formed as a charity. Annual Reportof IhaTrustee¥ d Nn8nrA81 Stotemanl¥ forthoYo8rEnded 30 June 2024
Recrultment and Appokntment of Periodically the Trustee Board will complete a skills audlt to identfy any gaps when appointing new trustees. Prospective trustees are interviewed by the Chair and the Chief Executive and if there is agreement to proceed, they are invited to attend a meetlng of the Trustee Board, sign a written consent to become a trustee and formally appointed as trustees. On appointment as trustee, the trustee shall automatically becotne a director of the charity. AdvJ20ry Board Dr Adam Ficek is a UKCP accredited cllnlcal psychotherapist and MBACP counsellor qualified in EMDR and sensorfmotor psychotherapy. He has been involved in the music industy for 25 years as a performing artist and DJ, touring extensively at top level (EMI I Parlophone l Rough Trade) as a solo artist. band member and DJ. Adam's role at Tonic Music is lo consult the Tonic Rider Programme and form relationships with music industry and mental health stakeholders. Dr John Barnes is consultant psychiatrist in rehabilitation with Somerset Partnership NHS Trust, working across community and hospital settings. He has been a consultant to Ash ward low secure rehabilitalion service in Bridgewater since 2011. John's role al Tonic Music is to advise on the Never Mind the Stigma Programme and aspects of mental health on a ¢lini¢al level. Dr Zarah Vemham is a senior lecturer in psychology at the University of Portsmouth. She is an experienced researcher conducting peer-reviewed empirical research for both practitioners and academics. Zarah's role at Tonic Music is to advise and work as part of the research team conducting studies around mental health in the music industy. Abigail Amey has a PhD in biochemislry and spent several years working in science publishing a8 an edttor and a writer. She Y5 previously a Trustee at Tonic Music and now has a role as an advisor for research and publishin9. Adam Churchward is a registered mental health nurse. He has worked across many fields within mental health over the past 25 years, currently specialising in working with people who have a personalty disorder and forensic history. Adam's role at Tonic Music is to advise on aspects of mentsl health on a clinical level in triage and safeguarding meetings. Annuèl Reporioftho TNstee¥ ond Fina41 siatemant¥ for the Year Ended 30 June 2024 TOXIC
Patron8 & Amba38adorB We are honoured to have Barry Ashworth (Dub Pistols) and Kevin Cummins {Musi¢ Photographer) as our patrons,. Biff Mitchell {Festival Organiser). Amy Bee Sting (On My God! It's The Church), Denise Black (Actress), Eddie Piller (Acid Jazz), Seanie Tee (Dub Pistols), Gary Crowley IBBC6 Music Broadcaster) Jeff Horton (100 Club), Lynval Golding (The Specials), Millie Manders (Millie Manders and the Shutupl, and Morgan Howell (SuperSizeArt) as our ambassadors. FOUNDING PATRON OUR PATRONS Terry Hall eanyAshwonh Kevln Ojmrnlns OUR AMBASSADORS SeanlfrT Blff Mll¢heH Mlllle Mandws Lynval GoldFng Sp*1$ Affly Bee SttrvJ Aloryan Howell Edd 11 AthdJ Gory Crowley Derfse blad( Annuol Rewtofth8 Trustees d Financi Ststemnts forlhe Year Ended 30 June 2024
Admlntstratlon Infornatlon The day-tcpday management of the organisation is delegated to the Chief Executive, Steph Langan. The core employed team is made up of.. Chief Executive Officer { Programmes Lead {FT) Menlal Health Lead (Fr) Finance Lead (PT) Admill Lead (PT) Design Lead (T) Logistics Lead {FT) Paralegal IPTI Fundraising & Events Coordinator (FT) Event Coordinator (FT) The core team is supported by self-employed professional facilitators. The total salaries 9f the core employed staff was £303,332 (including employer Nl and pension costs) and self*m 0Yed staff was £61,756. No staff salaries exceeded £60,000. We have 10 regular volunteers who provide ongoing and substantial voluntary work for Tonlc Music for Mental Heafth throughout the year. The following provided setvices to the charilable company during 202&24'. Accountants Morris Crocker, North Street. Havant, P09 IQU. Bankers HSBC. 312 London Road. Waterfooville, Hampshire, P07 7DX Annual Report•l TnJsts89 d Firond81 SI8tOrnODt$ forthè Yaar End ao Jun8 2024 TWIC
What We Do Tonic Music for Mental Health We establish good mental health within music communities. This is achieved by providing four levels of montal health support.. therapèutic sessions, peer groups, preventative workshops and training courses. Tonic Rider Our Tonic Rider.programme provides tailored mentsl health supporl lo people who professionally engage in music, including working musicians, crew, agents I managers, festival I venue staff and other industry personnel. Never Mind The Stigma Our Never Mind The Stigma.programme provides tailored mental health support to people who re¢realionally engage in music, including gig I festival goers, record ¢olle¢tors and hobbyist musicians. Loc81 Projects Vve provided one-off programmes of mental health support to conclude our work in Portsmouth and wider Hampshire area, consisting of the following projects: Local Independent Retailers, Wellbeing Days and Portsmouth Wellbeit)g Sessions. Gommissioning We provide online and in-person courses and workshops to music-related organisations, including set and bespoke packages. Events We raise awareness around mental health at gigs, festivals and other music events across the UK, including stands andlor lounges, both front-of-house and backstage. FundrsIng We host mukiple in-house fundraisers and continue to diversify our fundraising strategies. by incorporating online campaigns, merchandise sales and grant applications, to achieve a total revenue increase of 50 /0 by the end of 2024. AnTh Roportott* $t898 8rd nandal Sl8ternonlg frNth6 Yaar Ended 30 ju 2024
io Tonic Music for Mental Heatth is overseen by a Twstee Board that convenes six times annually, wtth Sub-committees assigned specific areas of authority. The Trustees are also Directors of the company. The Trustees l Directors are ultimately responsible for all the operational developments and activities of the organisation. They have particular responsibility for setting the strategic direction, and agreeing and monitoring the impad of policies and practice. There are systems for Trustee appraisal and there are link Trustees in place for each service area. Terms of Reference for the Board and each Sub-committee are reviewed annually. The responsibilities of staff for day-to-day operations are set out in Tonic Music for Mental Health's Acting in Absence Procedures. The Trustees l Directors will allocate at least one day a year for their own training and development Trustees will also take the opportunity to undertake other relevant conferences, training and networking events, reporting back learning gained lo the Board as a whole. Tonic Music for Mental Health is committed to being a diverse and inclusive charity. We believe Ihal a diverse board can make better decisions, improve the quality of governance and increase public trust. Board membership includes a range of ages, lived experience of mentsl health issues and diverse backgrounds. We strive to represent, as a board. the communities we are here to serve. New trustees will undergo an inductlon that Involves visiting projects to meet with staff and participants and learn about the work of Tonic Music for Mental Health. Trustees will participate fully in staff induction days. A trustee handbook covering the role and responsibilities of trustees including key organisational do¢uments wch as risk management, safeguarding. health and safety and fundraising policies is provided to each new trustee. This handbook is also available on a shared trustee drive. This handbook will be updated annually. Trustees sign a Code of Conduct on joining the board. An Reporioftha Tntste89 d Finanrjal Slaternènts forth8 Year Ended 30 June 2024
MIB8long ljharltable ObJeots, Vl8long V81ue8 and ActlvltleB Mission Our mission is to establish good mental heahh within music communities. Our Vision We strive for an inclusive world where those experiencing poor mental heafth have the hope, support and respect they deserve. Our V81ues Participation We believe that participation in music and the arts can promote and sustain good metttal health. Recovery We ch4rnpion a recovery-based approach for those experiendng poor mental health. Empowemienl We believe in empowering peoiile to create healthy environments that promote good mental health. Inclusivlty We advocate discussion, education and inclusion as a means to reducing stigma and breaking down barriers. AJmu81 RepDrtof Ih2Trustee3 •nd Finanty81 Slatsmt$ furtye&rEndad 30 Juno2024
12 8lgnJAcant Acttrttle8 We are a provider of mental health services. and during 2023-2024 pmvided support across the following activtties. Actlvlty Main Features Peer Support Groups Tonic Music provided weekly 90-minute groups across six weeks offering a supportive space for Tonic Rider participants to share their experiences with other music professionals (in partnership with Music Minds Matter) - including 7 open groups and single group5 exclusively for women. people living Wtth ADHD, long-term beneficiaries of Help Musicians, young classical artists (with Young Classical Artists Trust), producers l Gomposers of applied music {with PRS Members, Fund) and grassroot music venue personnel (with Music Venue Trust). Dropln Group Tonic Music provided a weekly 90-minute group offering a supportive space for previous Tonic Rider peer support group participants to share their experiences with other music professionals (in partnershlp wlth Music Minds Matter). Ment41 Health First Aid Tonic Music provided a Iwo-day course training Tonic Rider participants how lo identify, understand and help someone who may be experiencing a mental health issue (MHFA England accredited). Suicide First Aid Lite Tonic Music provided a half-day course training Tonic Rider participants in the theory and practice of suicide intervention skills (Suicide First Aid UK accredited). Mental Health Awareness in the Music Industry Tonic Music provided a slx-hour course trainlng Tonic Rider participants to gain an awareness of the major issues unique to the music industry and how they affeot mental health (CPD accredited). l-t1 Psychothèrapy Sessions Toni¢ Music provided Tonic Rider participants 1-to-1 psychotherapy sessions with a UKCP registered psychotherapist - including six-w88k, 12ek and longer-term periods. 1-tO-1 Gounselling Sessions Tonic Music provided Tonic Rider participants 1-tcp1 counselling sessions wth a MBACP registered humanistic counsellor- including 5ix-we8k, 12-week and longer-temi periods. 1-to-1 Support Sessions Tonic Music provided Tonic Rider parbcipants 1-tIF1 support sessions- including single and six-week periods. nual RSF of IheTrustees 8nd Finanty* Statements foriheYgarEndod 30 June2024 TOXIC
Tonic Talk Toni¢ Music provided talks on menlal heatth in music for different organisations and events- including online and in-person sessions. Media Interviews Tonic Music provided media interviews to raise awareness of mental health in music - including radio, podcasts and print. Local Independent Retsilers Tonic Music provided Mental Health First Aid training courses and a follow-up peer support group for staff at local independent retailers based in Portsmouth. Wellbeing Days Tonic Music provided a series of inyrson musi¢-fo¢used wellbeing days for people living in Portsmouth. Portsmuth Wellbeing Sessions Tonlc Music provided a series of online wellbeing sessions for people living in Portsmouth. Tonic Music Stands Tonic Music provided stands at gigs across the UK to raise awareness of mental health. Tonic Music Lounges Tonic Music provided lounges at festivals across the UK, both front-of-house and backstage, to offer mentsl health support. Volunleering Opportunities Tonic Muslc provided a range of volunteerlng opportunltles at glgs. festwals and other music events across the UK. In-House Fundraising Events Tonic Music hosted an annual fvndraiser, Barry's Flying Circus, which involved a Wing Walk with fundraisers guided by our patro Barry Ashworth. Mental Health Zines Tonic Music produced zines covering different mental health topics, which are bespoke to working in the music industry - including.. stress, anxiety, depression, substance use and suicide prevention. Tonic Rider Box Tonic Music produced boxe5 featuring tailored mentsl health zines and information about the Tonic Rider programme, which were distributed at various music events. Annuol Report olthÈ TTusteès and FbianriHI Statern*is lorthoyegr Ended 30 Jurte 2024 TWIC
14 (Irants Tonic Music has been fortunate to secure substantial support exceeding £270,000 from multiple organisations through grants. The Year In Numbers Tonic Music supporters raised £53,966 Ihrough donations in memory of loved ones, sales and challenges, and online raffles. A total of 654 participants registered to attend one or more of our programmes. A tolal of 167 screenings were conducted with participants on the programmes. We provided 13 six-week Peer Support Groups - allocating 156 spaces. We provided 44 Dropln Group sesslons- allocating 32 spaces. We provided 3 Mental Heatth First Aid courses - allocating 48 spaces. We provlded 4 Suiclde First Ald Lite courses- allocatiro 40 spaees. We provided 2 Mentsl Heallh Awareness in the Music Industry ¢ourses- allocating 40 spaces. W6 provided 66 1-to-1 psychotherapy, ¢ounselling and support ses6ion$. We provided 11 Tonic Talk sessions. The Never Mind the Stigma andlor Tonic Rider stands were present at 101 events. We had 967 individuals subscribing to the Tonic Musi¢ newsletter over this period. . Our social media following increased to 19,789 people collectively on Facebook, Instagram, Linkedln, and X. Ann Report DfITruSt5 FiThanaal StAtement¥ forthoY8ar Ended 30 j2024 TWIC
Monltorlng Our Performance Trustees monltor thè performancé of our mental health programme5. Our Programmes Lead has started an evaluation of our work across both programmes to measure its impact working alongside the Tonic Music team and trustees. Each programme ¢aptures detailed data on progress and satisfaction. In terms of a high level summary of satisfaclion, the following percenta9es represent how many participants were 'Completely' or 'Very' Satisfied with the following areas=: Completely/Very Satisfiedwith Tonic Music services by area 91116 83q6 87% Knowledge .galned Support ¢)ffered Facllltator Accessbtlty of Reknianceto . Style sesslons self knnU Report Of1 TtU81e •nd Finanual Stthmenl¥ forlh•Y88r Ended 30 ju 2024 TWIC
16 Completelylvery Satisfied with Tonic Music services overall 82% Would reccomend Tonic Music services to others 98qt AMu81 Rewt olthe TN5t¢¢¥ ond Ststefflenls forlhoY¢ar End 30 June 2024
17 We capture what people tell ug about our programme8 Adam Rlch Freolance Drummer and Drum Tutor l first started using the peer support group for music industry professionals offered by Tonic Rider just over a year ago and currendy still participate regularty in the weekly drop in group. I've found these to be invaluable and instrumental in my recovery from poor mental health. One of the greatest things about these groups is the fact that I'm connecting wtth other like minded people in the same industry as me who can relate, firsl hand, lo what I have experienced as our lifestyles are very similar. There is a strong feeling of belonging within these gTOUPS and as they ar8 a saf8 SPXO, th8 topics discussed ar8 aayS welcomed. l also subscribe lo the we8kly newsleiter for regular upclates and the websit8 has been amazing for all sorts of things from coping slrategi8s to courses available. I can't rale Tonic Music highly enough and look forward to Wednesday aftgrnoons so much as I know I can conn8cI with and off8r and r8CeiV8 SUPPOrt from the other group members and th8 facilitators who, by the way, are awesomel Ka8la Kuchnlcka Contact Cgntre Managgr {Rots and Resources) Royal Albart Hall Peer Support groups provided by Tonic Rider have changed my lifél When l initially joined the group, I was at a very low point and struggling wilh,my mentsl heafih. The groups provided the essential support and connedion with other people from the music industry. There is an amazing power in open and honest sharing. We heal together by being vulnerable wilh each other. No pretending, no jud9menls, and a feeling of safety. The Peer Support Groups have created a communty that l can lean on when limes get tough but also alSow me lo celebrate oven the Smallest of wns wrth other5. I feel inspired and èn8igised after EVERY conversationl Reporttsftr% Trustaes and Finanaal Statement¥ fryth• Yoar Ènded 30 Jwe 2024 TOXIC
GIu8eppe Morena Electronic Music Producer. R8mix•r, DJ AS an eledronic music producer and DJ, my journey with ment81 heatth has been full of ups and downs. I've often found myseKlacing stress. burnoul, and a sense of isolation. both personally and within the music industry. However, discovering Tonic Music has been a luming point in my lrfe. Through their incredible support and music4Jased programs, I'v8 b88n able lo channel my emotions into my music in a way that has not only h8lp8d m8 crealivety but also menlalfy. The connection wfth others who share similar experiences has made me feel less alone in my struggles. Tonic IAusic has provid a safe, open environment where I can express mys8W without judgment and find healin9 through music. The workshops and oneaon-one support have taught me valuable tools for managing my mental health, and the sense of community has been a major source of strength. Tonic Trjlusic has not only helped me grow as an artist but also as a person, allowing me to navigate the pressures of being a musician and DJ with a healthier mindset. Thanks to Tonic Music, I feel more balanced, more inspired, and mor6 connected lo both my music ahd my well-being. Their work has be&n transformative, and I'm beyond grateful for their support in both my p8rsonal and professional life. Helen Hammill Cattle & Cane Joining Tonic Music's Drop-in Group was a real game-changeT for me, Being surrounded by like-rninded mu5ician5 who truly understood the ups and downs of both the industry and melltal heslth made all Ihe difference lo me. .Tonic Music gave me a safe space lo share, leaTn, and feel supportecl by peoplè who were in the same boat as me. Having that sense of community and und8rstanding has been so valuabl8 in my journey. I'm so grateful for the encouragement and connections I found through Tonic Music. AMu81 Report TNgto9s and Fsn(JaI Slolements forlheY8ar Ended 30 June 2024
Looking to the future of Tonic Music for Mental Heatth, going forward the Charity will focus on providing mental health support nationally, via the Tonic Rider and Never Mind The Stigma pro9rammes (both facilitated online). This means we will no longer be providing local SeICeS in Portsmouth and th8 surrounding area. Development Over the past year, Tonic Music has continued to grow as a national charity with the expansion of programmes and forging of new partnerships. A key factor in this development has been the grant funding received for the Tonic Rider programme, which has enabled Tonic Music to make a greater posttive impact on music communities. Alongside this, the outreach of Tonic Music has grown significantly, most notably due to the forging of new partnerships with artists (and their management), promoters, venues, festivals and other music events across the UK. The main point of development is establishing national mental health programmes, Tonlc Rlder- for the music industry- and Never Mlnd The Stlgma- for musicfans. Accordingly, Tonlc Music is now the only known charity providing tailored mental health support to bolh the music industry and music fans. Despite the expansion of Tonic Mijsic, the charity wll continue to provide all mental health seNices in-house, never through tendering, and are proud to not implement an income-criteria for people working in the music industry. We would like to thank all our funders and fundraisers for their continued support of Tonic Music. In particular, a special mention goes to The Christopher Meredilh Foundation, who provide essential funding for Tonic Rider and the forthcoming Tonic Futures programme. An Reporigllhe Tcust 8nd nanCIal St8temonts fortha Y88rEnded 30 Jun82024
20 DER Tonlc Rlder Through the Tonic Rider programme, we will continue to provlde mental health support tailored for people who work in music.This includes expanding the peer groups and training courses provided on the programme. along with the number of 1-to-I psychotherapy and counselling sessions. Funding will also be soughl to provlde a s6rles of preventative workshops. Including Music Performance, Substance Use Awareness and Emotional Resilience. Additional bespoke r8sources for people working in music will continue to be created, such as increasing the range of mental h8alth zines and posters available on our website. Tonic Rider is also expanding it5 reach by wllaborating with a range of music organisations and events. to provide exclusive mental health support to meet the needs of people within th8se communities. Alongside the Tonic Rider programme, we will be launching Toni¢ Futures, a programme of mental health support for 18 to 25 year olds working in music. This will be aided by working in partnership with three music colleges andlor youth projects, who can apply this package of seNices. In the spirit of progress and transformation, we are poised to expand our event caléndar with gigs, festivals and other music evènts, along with conferences and networking fairs. Annual Reportof theTru¥te85 and Fina81 Sl8t8m8nl$ forthB Y8arEnded 30 JUM 2024 TWIC
IllllTMIMd NQVEr ThE STIGMa IIIRE'S TOX Never Mlnd The Stlgma Our Never Mind the Stigma programme has redirected its focus from providing in-person music workshops localty, to an online programme of mental health support for music fans. Funding will be sought to provide online Album Clubs and Record Refiection groups, offering music fans tailored mental health support without the requirement to play music or sing. These groups will offer music fans a space to talk about the benefrts of listening to music on their mental health, facilitated by a mental health professional. In addition, funding wll also be sought to provide a series of online preventative workshops equipping participants with skills around mental health and hobbyisl music activities. This includes workshops on Gig Anety, Festival Survival and Music for Mèntal Health. It is hoped by running mental health programmes nationally, one for the music industry and another for music fans, this will streamline our work as a national charity. Alongside this, these developments will bring the two programmes closer together, as part of new focus on establishing good mentsl health within music communities- as the onty known charity providing tailored mental health support to those professionally and recreationally engaging in music. ThL Report ofthe Tru8tees and Finand81 Ststern8nts trthe Year End•J 30 June 2024 TOXIC
22 8unmary of Tradsng Perforjnance and ljoaJ]g Ooncern During the year the Charity had total income and endowmenls from donations, legacies and other trading a¢tivtties of £462,884 (2023.. £396,489), an increase of 16.7 /0, of which £197,418 (2023.. £183,759) was unrestricted income and £265,46612023.' £212,730) was restricted income. After expendtture on raising funds and charttable activities the charity had net expenditure of £66,658 from unrestricted funds and net income of £63,969 from restricted funds giving tot21 net expenditure for the year of £2,689 (2023.. net income of £111,702). Total unrestricted )lJnds brought foTward as at 1 July 2023 were -£4,386. Total unrestricted fvnds carried forward as at 30 June 2024 were therefore -£71,044. Total restricted funds brought foTward as at 1 July 2023 were £162,254. Totsl restricted fvnds carried forward as at 30 June 2024 were therefore £226,223. Totsl funds Irestrlcted and unrestrlcted) brought foNard as at 1 July 2023 were £157,868. Total funds carrled fotward as at 30 June 2024 wer8 therefore £155.179. The charity had a challenging year in which expenditure on additional fundraising staff did not lead to an anticipated increase in unrestricted income. Since the end of the.financial year changes have been made to the staffing team and the approach to fundraising, trading and commissioning services leading to an increase in revenue generated from commissioning and at events supported by the charity. As a result the financial performance of the charity in the year ending 30 June 2025 is anticipated to improve significantly. Based on the actual trading performance of the charity for the eight months ended 28 February 2025 and the budget for the remaining four months of the financial year unrestricted income in the year ending 30 June 2025 is budgeted to increase by approximately £102,000, a 52 % increase, and the 202412025 finanoial year is predicted to end with a surplus in excess of £70,000. In addition. repayment of a loan of £33,764 from a member of the key management personnel is not being sought until the charity has sufficient unrestrtcted funds to do so. While the charity had negative unrestricted funds at the year-end of 30 June 2024 therefore, the Trustees consider that it is appropriate to prepare the finzn¢ial statemenls on a going concern basis. knnual Report oflho Trustse# Ind FinanLaal Sl8tem8Th18 frjrthe Year Ended 30 Juno 2024
Re8erveB Poucy To manage tha fifiandal Impact ofTiSk and fulfil our flsk management obligations the chariV$ Reserves Pollry is to alm to hold at a mlnimum unrestrlded funds equlvalent lo Ihree monlhs (apPr0m8teIY £90,000) and at a maxlmwn ewlvdlenl to slx months (approximalety £180.000) of operaling runnlng cosis. Glven Ihe negative unrestricted funds balance as at 30 June 2024 the charity had not athleved the minimum targel reserve at the year-end. Howeverglven the actlons taken since the yeaf end oullined above, ffte Improved finandal pèrfomwnce and IncTease In unreslrfcted Income. ¥ve 8ntiiwate Ihat the reserves wlll be dose to the mlnimum reseNes target by the yearthend 30 June 2025 (in èxcèss 01£70.000. a$ set oul abt)ve): and thal th& tsrgel wlll be met In the earfy part of the year endlng 30 June 2026 {Ihe current budget anticipates an unreslricled balance In excess of £100,000 by 31 August 2025, inlxeasing to in excess of £160,000 by the yearnd). Publlc beneAt The Iiustees c{firM that thtsy have referred to the guidance o)ntslned In the Charity Commlsslon's general guidance on publlc benefft vthen revlewlny the aims and objectives and In plannlng future adivltles. In thls report. the tnjslees refer to the charfvs purposes, what il has done to carry oirt those purposes. and Ihe publEc benefit that it has swghl to provlde. Signed: y Morpuss, Chair of Trustees Dats: Z7.oS. aoZ< AJb¥J•l RportDfth• Twst•es fwth•Y•wEr4•d >J &m•2024 TQXIC
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TONIC MUSIC FOR MENTAL HEALTH LTD Independent examlner's report to the trustgeg of Tonlc Musl¢ for Mgntal Hgalth Ltd {Ihg Company.) report to the charty trustees on my examination of th8 accoun of the Company for th8 year ended 30 June 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its dlrectors for the purposes of company lawl you are responsible for the preparation of the a¢coLtnts in acwrdance with the requirements of the Companies Aet 2006 Ilhe 2006 Act,). Having Satisfied myself that Ihe accounts of the Company are not roquired to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charitls accounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In cairying OLrt my examination I have followed the DirectiC)ns gNen by thè Charity Commission under Section 145(5} (b) ofthe 2011 Act. Independent examinorfs statoment- matters of concgrn Idontmgd Since your charivs gross income exceeded £250,000 your examiner musl be a member of a listed body. I can confirrn that l am qualified lo undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, whlch is one of the Ilsted bCleS. I have coMplet8d my 8xamination. Given the neg8tive unreslrict8d funds of th8 charity al th8 year end a detailed review of the going concern Status of the charity has been undertaken by the Iruslees of which a brief narrative is included within the accounting policies. I confirm that no matters have come lo my attention in connection w(th the examination giwng me reasonable cause lo believe that in any material respect.. accounting records wern not kept in respect of the Company as required by Section 386 of the 2008 Act., 01 the accounts do not accord with those records,. or the accounts do not comply wth the accounting qUirementS 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 examinalbgn., and the accounts have not been prepared in accordanc8 with th8 methods and principles of the Statement of Recommended Practi¢& for accounting and reporting by charities (applicable to charities preparing Ih8ir actounts in accordance with the Financial Reporting Stsndard applicable wi the UK and Republi of Ireland (FRS 10211. I confimi that there are no other matters lo which your attention should be drawn lo anable a proper understanding of tha accounts lo be r8ached. S F Ma¢kie FCA Morris Crocker Chartered Accountants Sl*ion Hous& North Street Havanl Hampshire P091QU 2810312025 Page 24
TONIC MUSIC FOR MENTAL HEALTH LTD STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 30 JUNE 2024 2024 Total funds 2023 Total fUS Unreslricted R8stricled fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 129,023 265,466 394,489 373,892 Other tradSng activities 68,395 68,395 22,597 Total 197.418 265.466 462,884 396,489 EXPENDITURE ON Raising funds 32,048 27,981 60,029 29,117 Charitable activiknes Charitable activities 232 028 173,516 405,544 255,670 Total 201,497 465,573 284,787 NET INCOMEIIEXPENDITURE) {66.658} 63,969 {2.689} 111.702 RECONCILIATION OF FUNDS Total funds brought forward (4,3861 162,254 157.868 46.166 TOTAL FUNDS CARRIED FORWARD 226,223 155,179 157,868 The notes form part of these financial statements Page 25
TONIC MUSIC FOR MENTAL HEALTH LTD BALANCE SHEET 30 JUNE 2024 21Y24 2023 Jlés FIXED ASSETS Tangib asset$ 11 1,777 CURRENT ASSETS Stocks Debto Cash al bank and in hand 12 13 32.492 29,000 234.886 174,840 CREDoRs Afrmnts lalllng due whhin one year 14 (81.484) (20.874} NEf CURRENT ASSETS TOYALASSEfs LESS CURRENT LIAalUTIES 155.179 157.8 NET ASSETS 157.868 FUNDS Unrestricted fvr#Js Restricted funds 16 (71.044} 226,223 (4.386) TOTAL FUNDS 157.868 The charhable company is gnbtW to exgmption from under StiOn 477 ofthe Companies Act20Cfj for the year ended 30 June 2024. The membws have not required the company to obtain an audit of its finan¢i81 statements lorthe year ended 30 June 2tr24 in accordance with Section 476 of the Companies Aci 2(#]6. The trustee8 acknuwledge the respsibilitYa5 for (a) eUring that the ¢harilable ¢L¥npany keeps accounting record5 that cfxnpty with Section5 386 and 387 of the Comp8nio8 Ad 2005 grKr (b) preporirvJ fironcial statements whi¢h gwe a true and fair of the stato of affaits of the charitab company as at the end of each financial yoar and of its surplu5 or errt for ea¢h finanual year In aldance wilh the re9uiremen18 of Sectlons 394 and 395 and whieh otherwise MplY wth the requiremènis of th¢ Companies Aet 2006 relating to finan¢L818talemenl8. so far as applicablo to the choritable rnpany. These fancIal statements have been prepared In accd wilh Iha provi8bns appli¢ablo lo charitabl companie$ suWe# to the small ccffjpanks reglma, were apwovod by the Board of Trusleos and authoTis¢d for Issue on ond wer& $bned on Ily behaw by., The financi81 statem z?.-..s>>...2f.... Tho note$ fom part of Ihe80 flnan¢lal stalements PgJo 26
TONIC MUSIC FOR MENTAL HEALTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 ACCOUNTING POLICIES Basis of preparing the financial staternants The finanGial slalernents of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance With the Charilies SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recomrnended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Slandard applicabl@ in the UK 2nd Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Rep(Kting Stsndard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial slatemenls have been prepared under the historical cost convention. While the chartty had negative unrestricted funds at ihe year end, the Trustees consider that il is appropriate to prepare the financial slalements on a going Goncern basis. The going ¢oncem assumption is based on the actual trading performance of the charity for the 8ight months 8nded 28 FebrLJary 2025 and the budget for the remaining four months of the financial year. Unrestricted income in the year ending 30 June 2025 is budgeted to lAaSe by approximatgly £102,000, a 52% increase, as 8 resuft of changes within the staffing team and the approach to fundraising, trading arKI commissioning services. Consequently, this has led to an in¢r8as& in revenue generated from commissioning and al events supported by the charity. The 202412025 finanaal year is predi¢ted to end with a surplus. In addrtion, repayment of a loan of £33,764 from a member of the key management personnel is not being sought until the charity has sufficient unrestricted funds to do so. As a result of all the abov8 the Trustees consider the going concem basis is appropriate. Incomo All income is recognised in the Statement of Financial ActNities once the charity has entitlement lo the funds, il is probable that the income will be received and the amount can be moasured reliably. Expendlturo Liabilities are rocognistrd as expenditure as soon as there is a legal or constructive obligation committing the charity lo that expenditure, it is prab8bl8 that a transfer of ecA)nomic benefits will be required in settlement and the amount of the obligation can be mgasured r81iably. Expenditure is accounted for on an accruals basis and has been dassifi8d undoi headings that aggregate all cost related to the calegory. Where costs ¢annot be directly attribut lo particular headings they hav8 been allocated to 8Ctivities on a basis consistènt with the use of resources. Tangible ftx8d 8ss8t$ Tgngible fixed assets ar& dgpreciated over their estimated useful livgs as follows.. Fumilure Computer 1 straight line 33% straight line Stocks stocks are valued al the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxatlon The charity is exempt from corporation tax on ils charitsble 8¢tivitias. Fund accounting Unrestrict8d funds c8n be used in accoréanc8 with the tharitable oLyectives at the discretion of the Iruslees. Restricted ful$ can only be used for partIlar restrcled purposes within the objects of the charity. Restrictiorts aris6 wh8n specified by th8 donor or when funds are raised for parlicular restricted purposes. Page 27 continued...
TONIC MUSIC FOR MENTAL H&4LTH LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024 ACCOUNTING POLICIES - continuèd Fund accounting Further explanation of the natur8 and purpose of each fund is included in the notes to the financial statements. Penslon costs and other post-retireTnent benèfits The charitable Company op8r8tes 8 defined Contribution pension sch8m8. Contributions payablè to the charf(able company's pension scherlle aro charged lo the Statement of Financial Activities in the period to which they relate. Flnancial instruments The charity only enlerE inlu basiG finanGial instrurnents transactions that result in the recognition of fin8ncial assets and liabilities like trade 8nd other 8ccounts receivable and payabl8 and investments in stocks al shares. The measurement basis used for these instrurnenls is d8tailed below. Dgbtors and cash at bank Tr8de and other debtors are recognised at the settlement amount du8 after any trade discount offered. Prepayments are valued al the amount prepaid nel of any trade discounts due. Cash at bank and in hand induded cash held on deposlt or In a current 8ccounl. Craditors and provisions Creditors and provisions are recognised where the charity has a present obligation reSUng from a past èvènt that will probably rèsult in th8 transf8r of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised al their settlement amount after allowing for any trade discounts dug. DONATIONS AND LEGACIES 2024 2023 tlonations Grants 64.772 329.717 112.214 261,678 394,489 373,892 OTHER TrADING ACTIVITIES 2024 2023 Fundraising events M8rchandis8 salés other incorne 24.600 30.704 13.091 21,862 735 68.395 Page 28 continued...
TONIC MUSIC FOR MENTAL HEALTH LTD NOTES TO THE FINANCIAL STATEMENTS - continuad FOR THE YEAR ENDED 30 JUNE 2024 RAISING FUNDS other trading activltlos 2024 2023 openi[ stock Purchases Closing stock Event acts ane bands Paypal fees Interest payable and similar charges 1.302 61,305 (32.4921 29,256 492 7,751 10.768 (1,3021 10,655 1245 29,117 CHARITABLE ACTIVITIES COSTS Support costs {see note 61 Direct Costs Totals Charitable act6vlUes 391,290 14,254 405.544 SUPPORT COSTS Gov8manc& costs Finance Totals Charitsble activitivs 66 14.188 14.254 Supp)rt costs, included in the abova, are as follows= Finance 2024 Charitable activities 2023 Total activtties Bank Charges 66 Govornancg costs 2024 Charitable activities 2023 Totsl activities Accountancy fees Independent examinalSon fees Legal and prolessional fees 4,460 1,248 8,480 3,713 1,194 6,380 14,188 11,287 Page 29 conlillued...
TONIC fvIUSIC FOR MENTAL HEALTH LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024 NET INCOMEI{EXPENDITUREI Net Inwmellexpendf(urel is staled after chargingl{credilingl'. 2024 2023 Depre¢ialK)n - owned assets DeficAt on disposal of fixed assets 2.125 4,906 21,415 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, rgmuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. Trustees. gxpgnses During the year no trustee12023.' none) ware reimbursad oul of pock8t 8xp&ns&s lotalling £nil12023: STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 327,356 21.558 8,772 171,603 7,626 357,686 185,636 The key management personnel of the Charity comprise of the Chief Executive Offic8r. Th8 total employee benefits ofthe key management personnel of the Charity were £54.77212023.. £45,453). The average monthly number of employees éuring the year was as follows: 2024 2023 Charitable staff No employee received emoluments in excess of £60,000 {2023= nong). 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donalk)ns legleS 161.162 212.730 373.892 Other Iradlng activities 22.597 Total 183 759 212.730 396,489 EXPENDITURE ON Raising funds 29,117 29.117 Charltable activltles Charitable activities 205.194 50,476 255,670 Total 234,311 50,476 284,787 Pagg 30 continued...
TONIC MUSIC FOR MENTAL HEALTH LTD NOTES TO THE FINANCIAL STATEMENTS - continugd FOR THE YEAR ENDED 30 JUNE 2024 10. COfvIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fvrbd funds Total funds NET INCOMEI{EXPENDITUREI 150.5521 162,254 111,702 RECONCILIATION OF FUNOS Total funds broughl foThvard 46.166 46,166 TOTAL FUNDS CARRIED FORWARD 157,868 11. TANGIBLE FIXED ASSETS Fixtures and fittings Plant and machinery Computer equipment Totsls COST Al 1 July 2023 and 30 June 2024 394 10,198 14,880 DEPRECIATION Al 1 July 2023 Charge for year 158 79 7,883 1.020 2,937 1,026 10,978 2,125 Al 30 June 2024 237 8,903 3.963 NET BOOK VALUE At 30 June 2024 157 1.295 325 1,777 AI 30 June 2023 236 2,315 1.351 3,902 12. STOCKS 2024 2023 stocks 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Page 31 ntinued...
TONIC MUSIC FOR MENTAL HEALTH LTD NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30 JUNE 2024 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Other creditors 265 81,484 81.484 20,874 ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Total funds Unrestricted fund Rgstiicled funds Fix a8sets Current assets Current liabilities 1,777 8,663 1.777 234,886 3,902 174,840 20,8741 226.223 71,044 226,223 155.179 157,868 16. MOVEMENT IN FUNDS Net mov8m8nt in funds At 1.7.23 30.6.24 Unrestrktsd funds GENERAL 14,3861 166,6581 (71.0441 Rgstr5ctgd funds HIWCF National Lottery CMF Youth Music Grant Peoples Health Trust 4,000 3,900 131,350 20,000 14,0001 13,9001 82,189 17.3161 213,539 12.684 162.254 226.223 TOTAL FUNDS 157 868 155 179 Net movement in furKls, included in the above are as follows= Incoming resources Resources expended Movement in fuThYs Unrgstricted funds GENERAL 197,418 1264,0761 (66,6581 Restricted funds HIWCF National Lottery CMF Youth Music Grant Peoples Health Trust 14.CK)O) {3,0) {183.277} 17.316) 3,004 14,0001 13,9001 82,189 17,3161 265,466 265,466 201497 63.969 TOTAL FUNDS 462,884 465,573 2,6891 Page 32 continued...
TONIC MUSIC FOR MENTAL HEALTH LTD NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30 JUNE 2024 16. MOVEklENT IN FUNDS- ¢ontinuèd Comparativo$ for movement in funds Net movement in funds At 30.6.23 Al 1.7.22 Unrestricted funds GENERAL 46,166 150,5521 (4.386) Restricted funds HIWCF National Lottery CMF Youth MusiG Grant P8opl8s He81th Trust 4,000 3.900 131,350 20,000 3,004 4,000 3,900 131,350 20,OCrf) 3,004 162,254 TOTAL FUNDS 46,166 111.702 Comparative net movement in funds, included in the above are as follows.. Incoming resources Resour expended Movement in funds Unrostricted funds GENERAL 183,759 (234,311) 150,552) Restrictgd funds HIWCF National Lott8ry CMF Youth Music Grant Peoples Health Trust Community Indusion Grant 17,036 10,000 145,000 27.000 11,694 2,000 {13,0361 16,100) {13,6501 I7,0) 18,6901 2.(K>O} 4,0(Xl 131,3 20,000 3,004 212,730 50.4761 162.254 TOTAL FUNDS 396,489 284.787} 111,702 HIWCF Funding to support the delivery of a prcsramme of music workshcps for adu]ts experiencjng mental health probl8ms in Portsmouth. National Lottery - Provlding support lo men experfendng sulcidal ideation in Portsmouth under our Never Mind The Stigma programme. CMF- Providing support to musicians and people working in the music industry under our Tonic Rider Program. Youth Music- Providing thr88 music gradu*8 jobs and m&ntorship for six months. People's Health TnJst- Providing support lo men exwriencing suicidal eStIOn and people who have n bereaved by suicide in Portsmouth under our Never Mind the Stigma programme. Page 33 cor)tinued...
TONIC MUSIC FOR MENTAL HEALTH LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024 16. MOVEMENT IN FUNDS-¢ontlnuod Community Inclusion Gr2nl - Providing support lo merb exp8riewng sui(adal ideation in Portsmouth under our Never Mind Ihe Stigrlla prDgramme. 17. RELATED PARTY DISCLOSURE5 A mèmber of the key management personnel k)aned money lo the charity to allow bllls to be paid whilst there was an issue with th& banking arrangements. Interesl is not being charged on this loan. The amount OLrtstsnding a5 of 30 June 2024 w85 £33,764. 18. ULTIMATE CONTROLLING PARTY The charitable company is not under the conlrol of another entity or any one Individual. Page 34