2023-08-31-accounts - Music Ministry Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Music Ministry Foundation

(Charitable Incorporated Organisation)

TRUSTEES’ ANNUAL REPORT AND ACCOUNTS for the first period ended

31 August 2023

Charity Number 1198770 (England and Wales)

Music Ministry Foundation TRUSTEES’ ANNUAL REPORT For the period from incorporation on 28 April 2022 to 31 August 2023

The trustees of Music Ministry Foundation (‘the charity’) present their annual report for the first period from incorporation on 28 April 2022 to 31 August 2023.

OBJECTIVES AND ACTIVITIES

The objective of the charity is, for the public benefit, the advancement of the Christian faith, particularly, but not exclusively, through the training of Christian church musicians and leaders and the provision of resources for use in Christian worship.

To further this objective the charity:

runs conferences, in-church workshops and regular training days to train, resource and equip Christian church musicians and leaders; and
provides online resources such as course materials, songs, sheet music and service planning materials for Christian church musicians and leaders.

The trustees have had regard to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning future activities. The charity’s activities are open to everyone, and its resources are accessible to everyone at minimal or no cost from its publicly available website.

ACHIEVEMENTS AND PERFORMANCE

Music Ministry Foundation was incorporated as a Charitable Incorporated Organisation (‘CIO’) and Registered Charity (England and Wales) on 28 April 2022. With effect from that date, the activities of a previous unincorporated association (also known as Music Ministry Foundation) ceased, and its funds were transferred to the newly incorporated charity.

Between 28 April 2022 and 31 August 2023, the charity ran day conferences in London, Bristol, Belfast and Edinburgh under the title “Enjoying God” and day conferences in Norwich and Liverpool under the title “Irreplaceable Joy”. It also ran termly training sessions for musicians in London, a seminar programme for a theological training institution, workshops for local churches, and provided the music for gatherings organised by regional gospel partnerships.

The charity maintained an active website, allowing users to access service planning materials, talks and videos, to view and download free sheet music, and to register for and download the “Dwell Richly” music training course. The charity also maintained a blog, reviewing new songs and books about music, and delivering practical advice on serving as a musician in church.

The trustees would like to express their heartfelt thanks to the charity’s regular and one-off individual donors and churches which supported its work financially. Without their generous, sacrificial donations, the charity’s activities could not have taken place. The trustees would also like to record their thanks to the volunteers who contributed their time and expertise to the charity’s work during the period.

FINANCIAL REVIEW

Details of the charity’s income and expenditure during the period is set out on page 4. Total income was £84,039 which included £25,702 funds transferred from the previous association on incorporation of the charity. Excluding this transfer, income was £58,337. Total expenditure was £54,408.

Excluding the funds transferred from the previous association, the charity therefore recorded a surplus for the period of £3,929. Including the funds of £25,702 transferred from the previous association, the charity ended the year with cash of £29,631.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is governed by a constitution dated 25 April 2022 and is constituted as a Charitable Incorporated Organisation whose only voting members are its charity trustees.

Music Ministry Foundation TRUSTEES’ ANNUAL REPORT (continued) For the period from incorporation on 28 April 2022 to 31 August 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)

Trustees are appointed by resolution passed at a properly convened meeting of the charity’s trustees. In selecting individuals for appointment as trustees, the trustees pay close regard to the skills, knowledge and experience needed for the effective administration of the charity. In addition, all trustees must subscribe and adhere to, in belief and lifestyle, the charity’s statement of faith which is the Evangelical Alliance’s Statement of Faith. Trustees are appointed for three-year terms and retire in rotation. Any person retiring as a trustee is eligible for reappointment.

REFERENCE AND ADMINISTRATIVE DETAILS

Music Ministry Foundation is a Registered Charity (registration number 1198770) and is incorporated as a Charitable Incorporated Organisation (‘CIO’). Its registered address is The Emmanuel Meeting House, Lewins Mead, Bristol, BS1 2NN.

The trustees who served the charity during the period and (except where indicated) to the date of approval of this trustees’ annual report were:

N C Styles (appointed 28 April 2022, resigned 25 May 2023) C D Gunter (appointed 28 April 2022) S D Pedley (appointed 28 April 2022) A S McKenna (appointed 2 October 2023)

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees:

.............................................................

C D Gunter Trustee 27 June Date: ......................................... 2024

Music Ministy Foundation INDEPENDENT EXAMINER'S REPORT For the wiod from incorpcKatKJn on 28 Awl 3)22 10 31 August 2023 R•3ponsblHM•5 and ba1 ol r•port I repcwl lo the frusfees on my examnakn of Ihe occ(nIS 0fMU mlry FOLdation I'lhe Charity'l f( the peiK)d from incotFKsra1K)n on 28 Aptl 2022 to 31 August z)23. As the chtY trustee5 of the Ch(Nity. yw (Te resp5 Ihe prepJalh)n ol the accounts in occ<ydance wlh tt)0 reqv¥ennts ol the Chartties Acl 2011 I'lhe Act'i. I reFKJrt 41 respect of my exarrinoth)n of the Chcyity's occovnts caThied out under 5ectKJn 145 of Ihe I Act and in corTrvig out my exarrHnath)n. I have fOb)V Ihe appcle Dwecknns gNen by fhe Charity ConTrnYssion undei sectb)n 14515llbl of Ihe Act. Ind•pènd•nl •xamln•r's slul•m•nl I have completed my exan¥nalion. I conlwm Ihat no malerkjl MtIe hove corYE lo my ollention connecthon Ihe examnalb)n gNes cause k) befEve Ihal. n any nJ]lerhJl respect: occovnting records not kept acCdnCe vthh seclh?n IXI of Ihe Act.. or the oc¢wnts do not oc¢<xd Tth Ihe (rcovnting tecuds. I have no concem5 and have acT055 no olher rTh]tters n connection the examination I0h C7ttenl(on 5houkl be dro in order k) enab a proper undetslanifing ol the accounts to be reached. Howard Evan5 6 Courtside Mew5 Redland Bristol BS6 6PS

Music Ministry Foundation

STATEMENT OF INCOME AND EXPENDITURE For the period from incorporation on 28 April 2022 to 31 August 2023

Unrestricted
funds
Restricted
funds
£
£
INCOME
Funds transferred from previous association
25,702
–
Conference income
2,835
–
Donations
54,103
–
Donated royalty income
1,305
–
Other income
94
–

TOTAL INCOME
84,039
–

EXPENDITURE
Conference related:
Conference technical production
(514)
–
Conference speakers’ gifts and expenses
(743)
–
Conference materials
(217)
–
Conference marketing
(180)
–
Conference catering
(43)
–
Conference travel and subsistence
(2,468)
–
Conference other expenditure
(49)
–

(4,214)
–
Other expenditure:
Advertising and marketing
(60)
–
Books and resources
(148)
–
Contractors
(25,345)
–
Equipment and software
(3,540)
–
Licences and subscriptions
(247)
–
Sound engineering and mastering
(1,849)
–
Speakers’ gifts and expenses
(383)
–
Travel and subsistence
(21)
–
Wages and salaries
(18,055)
–
Website and design costs
(546)
–

TOTAL EXPENDITURE
(54,408)
–

SURPLUS FOR THE PERIOD
29,631
–
RECONCILIATION OF FUNDS
Total funds brought forward
–
–

TOTAL FUNDS CARRIED FORWARD
29,631
–

Total
2023
£
25,702
2,835
54,103
1,305
94

84,039

(514)
(743)
(217)
(180)
(43)
(2,468)
(49)

(4,214)
(60)
(148)
(25,345)
(3,540)
(247)
(1,849)
(383)
(21)
(18,055)
(546)

(54,408)

29,631
–

29,631

The statement of income and expenditure set out above has been prepared on a receipts and payments basis.

Music Ministry Foundation STATEMENT OF NET ASSETS As at 31 August 2023
2023 £ CURRENT ASSETS Cash at bank 29,631 NET ASSETS 29,631 FUNDS Unrestricted funds 29,631 Restricted funds – TOTAL FUNDS 29,631 These accounts were approved by the trustees on .................................................... 2024 and are signed on their behalf by: 7 June

............................................................. C D Gunter Trustee