## Management Report 

My Cool Music Foundation For the period ended 31 March 2023 

Prepared on 4 August 2024 

For management use only 



## **Table of Contents** 

Profit and Loss ................................................................................................................................................3 Balance Sheet .................................................................................................................................................4 

2/4 



## **Profit and Loss** 

April 2022 - March 2023 

|**Profit and Loss**<br>April 2022 - March 2023||
|---|---|
||**Total**|
|INCOME||
|Charitable activites|-4,940.00|
|Donations and legacies|5,285.00|
|Non-Profit Income|4,088.64|
|**Total Income**|**4,433.64**|
|TOTAL|**4,433.64**|
|EXPENDITURES||
|Advertising/Promotional|144.00|
|Insurances|100.80|
|Office/General Administrative Expenses|460.80|
|**Total Expenditures**|**705.60**|
|NET OPERATING INCOME|**3,728.04**|
|NET INCOME/(EXPENDITURE)|**£3,728.04**|



3/4 

My Cool Music Foundation 



## **Balance Sheet** 

As of March 31, 2023 

**Total** 

||**Total**|
|---|---|
|FIXED ASSET||
|**Total Fixed Asset**||
|CASH AT BANK AND IN HAND||
|Checking (2951)|2,585.64|
|**Total Cash at bank and in hand**|**2,585.64**|
|NET CURRENT ASSETS|**2,585.64**|
|NET CURRENT ASSETS(LIABILITIES)|**2,585.64**|
|TOTAL ASSETS LESS CURRENT LIABILITIES|**2,585.64**|
|TOTAL NET ASSETS (LIABILITIES)|**£2,585.64**|
|CHARITY FUNDS||
|Opening Balance Equity|5,468.84|
|Retained Earnings|-6,611.24|
|Surplus/(Deficit)|3,728.04|
|**Total Charity funds**|**£2,585.64**|



4/4 

My Cool Music Foundation