## **JAZZ MIDLANDS** FINANCIAL STATEMENTS 31ST MARCH 2025 REGISTERED NUMBER 1198322 Charitable Incorporated Organisation ## **JAZZ MIDLANDS** FINANCIAL STATEMENTS for the year ended 31 March 2025 ## CONTENTS ||Page| |---|---| |Company Information|1| |Trustees'' report|2| |Profit and loss account|3| |Balance sheet|4| |Schedule of payments|5| |Examiners Report|6| ## **JAZZ MIDLANDS** CHARITY INFORMATION 31ST MARCH 2025 |INCORPORATED|England| |---|---| |NUMBER|1198322| |DIRECTORS|| ||P J Rose| ||Annette Gregory| ||David Logan| ||Neil McGowan| ||Xhosa Cole| ||Devon Harrision| ||Christopher Norton| ||Stephen Evans| |REGISTERED OFFICE|10 Viiceroy Close| ||Birmingham| ||B5 7UR| |BANKERS|The Co-operative Bank| ||Kings Valley| ||Yew Street| ||Stockport| ||Cheshire| ||SK4 2JU| 1 ## **JAZZ MIDLANDS** ## TRUSTEES REPORT & STATEMENT OF RESPONSIBILITIES 31ST MARCH 2025 The Trustees present their report and the financial statements for the year ended 31 March 2023 ## **Principal Activity** The Principal Activity of the company in the period under review was that of grant aiding the promotion and development of the appreciation of music. ## **Legal structure of the company** The organisation is a Charitable Incorporated Organisation ## **Review of the financial position** The Trustees are satisfied with the performance of the business and is looking to consolidate its grant raising results in the forthcoming year. ## **Audit** As described in the balance sheet, the charities trustees are responsible for the preparation of the accounts. They consider that the charity is except from audit. Accordingly, no audit has been carried out in accordance with Auditing Standards or procedures as set out in the Statement for Auditors. The Trustees consider that the accounts give a true and fair view of the company at 31 March 2023. as certified by an External Examiner ## **Statement of Directors Responsibilities** We are required under charitable law to prepare financial statements for each financial year which give a true and fair view of the state of the charity and the profit or loss for the year. In preparing those financial statements we are required to: - select accounting policies and apply them consistently - make reasonable and prudent judgments and estimates - prepare financial statements on the ongoing concern; unless inappropriate to presume that the company will continue in business We are also responsible for: - keeping proper accounting records - safeguarding the charities assets - taking reasonable steps for the prevention and detection of fraud On behalf of the Board ………………………………………. P J Rose 1st October 2025 2 ## **JAZZ MIDLANDS** ## PROFIT AND LOSS ACCOUNT for the year ended 31 March 2025 |Note
**Turnover**
Grants Disbursed
**Operating (loss)/profit**
Interest receivable and similar income
Interest payable and similar charges
**Profit/(Loss) on ordinary activities before tax**
Taxation
**Profit/(Loss) after tax**|**2025**
**£**
9,950
9,950| |---|---| ||0| ||0| ||0| ||0
**0**| ||0| None of the company's activities were acquired or discontinued during the above financial year. There are no recognised gains or losses in the year other than the profit/(loss) for the year. 3 ## **JAZZ MIDLANDS** BALANCE SHEET as at 31 March 2025 |**Note**
**Assets**
Fixed assets
Current assets
Debtors
Cash at Bank
**Liabilities**
Directors Loan
Creditors:
amounts falling due
within one year
**Net current assets/(liabilities)**
**Total Assets Less Current Liabilites**
**Capital and reserves**
Profit and loss account
**Total funds**|**2025**
**£**
0
0
0
0|**£**
**0**
0| |---|---|---| |||0| |||0| |||0| The Trustees are satisfied that the company was entitled to exemption under subsection 1 of section 249A of the Companies Act 1985 and that no members have requested an audit pursuant t subsection 249(B) 2 in relation to the accounts for the financial year. The Trustees acknowledge their responsibilities for: - 1 ensuring that the company keeps accounting records which comply with section 221 and 2 preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or in that year in accordance with the requirements of section 226, and which otherwise comply with the requirements of this Act relating to the accounts, so far as applicable to the company. Advantage has been taken of the exemption for small companies conferred by the section A part 3 to the Companies Act 1985 on the grounds that, in the directors' opinion, the company is entitled to benefit from those exemptions as a small company. These accounts were approved by the Board on 1st October 2025 **----- Start of picture text -----**
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P J Rose
Trustee 4
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## **JAZZ MIDLANDS** ## STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025 |**INCOME AND EXPENDITURE**
**Incoming Resources**
ARTS COUNCIL GRANT
**Total Incoming Resources**
**Resources Expended**
Direct Charitable Expenditure:
Grants to Jazz Midlands Netwrok
Fund-raising and Publicity:
Advertising and promotion
Postage
Management and Administration of the charity:
Administration fees
Rent and rates
Heating & Lighting
Insurance
Bank Charges
Bank Interest
Audit and Accountancy Charges
Sundry Expenses
Depreciation
(Profit)/Loss on Asset Disposals
**Total Resources Expended**
**Net incoming resources for the year**
**Other recognised gains and losses**
**NET MOVEMENT IN UNRESTRICED FUNDS**
**UNRESTRICED FUNDS BROUGHT FORWARD**
**UNRESTRICED FUNDS CARRIED FORWARD**|YEAR ENDED
31/03/2025|YEAR ENDED
31/03/2025| |---|---|---| ||£
9,950|£
9,950| |||9,950

9,950| ||9,950|| |||| ||0|| ||-|| ||0|| |||| |||0
-| |||0
0| |||0| 5 ## **JAZZ MIDLANDS** FINANCIAL STATEMENTS 31st March 2025 We have audited the financial statements of Birmingham Jazz for the project ended 31st March 2025 which comprise the Statement of Financial Activities, Income & Expenditure for the end of the project. The financial reporting framework that has been applied in their preparation is applicable law and Financial Reporting for Smaller Entities (effective January 2015) (United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities). ## **Respective responsibilities of trustees and auditor** This Report is made solely to the Trustess, as a body, in accordance with Section144 of the Charities Act 2011 and regulations under section 154 of that Act. Our audit work has been undertaken so that we might state to the Directors those matters we are required to state to them in Auditor’s Report and for no other purpose. ## **Scope of the audit of the financial statements** A description of the scope of the audit of financial statements is provided on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities ## **Opinion on financial statements** In our opinion the financial statements: - give a true and fair view of the state of the Jazz Midlands income & Expenditure at the 31st March 2025 and of its - incoming resources and application of resources, for the project - have been properly prepared in accordance with the United Kingdom Generally Accepted Accounting Practice - applicable to Smaller Entities, and: - have been prepared in accordance with the requirements of the Charities Act 2011. J M Anderson External Examiner 6