Management Report
My Cool Music Foundation For the period ended 31 March 2024
Prepared on 20 January 2025
For management use only
Table of Contents
Profit and Loss ................................................................................................................................................3 Balance Sheet .................................................................................................................................................4
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Profit and Loss
April 2023 - March 2024
| Profit and Loss April 2023 - March 2024 |
|
|---|---|
| Total | |
| INCOME | |
| Donations and legacies | 5,410.00 |
| Total Income | 5,410.00 |
| TOTAL | 5,410.00 |
| EXPENDITURES | |
| Event booking in Advance | 1,410.00 |
| Grant (Charity) | 4,920.00 |
| Grants | 1,250.00 |
| Insurance | 100.80 |
| Office/General Administrative Expenses | 376.80 |
| Other Miscellaneous Service Cost | 172.80 |
| Other Professional Services | 720.00 |
| Total Expenditures | 8,950.40 |
| NET OPERATING INCOME | -3,540.40 |
| NET INCOME/(EXPENDITURE) | £ -3,540.40 |
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My Cool Music Foundation
Balance Sheet
As of March 31, 2024
Total
| Total | |
|---|---|
| FIXED ASSET | |
| Total Fixed Asset | |
| CASH AT BANK AND IN HAND | |
| Checking (2951) | -954.76 |
| Total Cash at bank and in hand | -954.76 |
| NET CURRENT ASSETS | -954.76 |
| NET CURRENT ASSETS(LIABILITIES) | -954.76 |
| TOTAL ASSETS LESS CURRENT LIABILITIES | -954.76 |
| TOTAL NET ASSETS (LIABILITIES) | £ -954.76 |
| CHARITY FUNDS | |
| Opening Balance Equity | 5,468.84 |
| Retained Earnings | -2,883.20 |
| Surplus/(Deficit) | -3,540.40 |
| Total Charity funds | £ -954.76 |
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My Cool Music Foundation