## 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**<br>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**|



3/4 

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**|



4/4 

My Cool Music Foundation