Management Report
MyCoolMusic Foundation For the period ended 31 March 2022
Prepared on 10 February 2023
For management use only
Table of Contents
Financial Activities............................................................................................................................................3 Balance Sheet..................................................................................................................................................4
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Financial Activities
9 October, 2020 - 31 March, 2022
| Financial Activities 9 October, 2020 - 31 March, 2022 |
|
|---|---|
| Total | |
| INCOME | |
| Donations and legacies | 12,136.40 |
| Services | 40.00 |
| Total Income | 12,176.40 |
| TOTAL | 12,176.40 |
| EXPENDITURES | |
| Advertising/Promotional | 144.00 |
| Insurances | 100.80 |
| Office/General Administrative Expenses | 307.20 |
| Other Professional Services | 450.00 |
| Total Expenditures | 1,002.00 |
| NET OPERATING INCOME | 11,174.40 |
| NET INCOME/(EXPENDITURE) | £11,174.40 |
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MyCoolMusic Foundation
Balance Sheet
As of March 31, 2022
| Balance Sheet As of March 31, 2022 |
|
|---|---|
| Total | |
| FIXED ASSET | |
| Total Fixed Asset | |
| CASH AT BANK AND IN HAND | |
| Checking (2951) | 16,643.24 |
| Total Cash at bank and in hand | 16,643.24 |
| NET CURRENT ASSETS | 16,643.24 |
| NET CURRENT ASSETS(LIABILITIES) | 16,643.24 |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 16,643.24 |
| TOTAL NET ASSETS (LIABILITIES) | £16,643.24 |
| CHARITY FUNDS | |
| Opening Balance Equity | 5,468.84 |
| Retained Earnings | |
| Surplus/(Deficit) | 11,174.40 |
| Total Charity funds | £16,643.24 |
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MyCoolMusic Foundation