## 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 

2/4 



## **Financial Activities** 

9 October, 2020 - 31 March, 2022 

|**Financial Activities**<br>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**|



3/4 

MyCoolMusic Foundation 



## **Balance Sheet** 

As of March 31, 2022 

|**Balance Sheet**<br>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**|



4/4 

MyCoolMusic Foundation