2024-08-31-accounts - North Tyneside Music Opportunities For Young People

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North Tyneside Music Opportunities for Young People

a Charitable Incorporated Organisation, charity registration number 1203835

Trustees’ annual report for the year ending 31st August 2024

The Trustees of North Tyneside Music Opportunities for Young People , also known as mo4y, present their annual report and accounts for the year ending 31st August 2024 and confirm that they comply with the requirements of the Charities Act 2011, and the charity’s Constitution.

Our Charitable Objects

The objects of the charity shall be to advance the education of the public, specifically children and young people who reside in North Tyneside and surrounding area, in the arts, specifically music and the performing arts, in such ways as the charity trustees think fit.

What we do

We raise funds from grants and fund-raising activities and use these funds to support activities that advance musical education for children and young people in and around North Tyneside.

We have enjoyed a close working relationship with North Tyneside Music Education Hub. Our relationship is defined by a Partnership Agreement. We hope to have a similar relationship going forward with the new North East Music Hub, and with North Tyneside Council as lead partner of the new Hub, in so far as such a relationship can help the charity in furthering our charitable objects and providing public benefit.

Review of activities

The charity was registered with the Charity Commission on 4th July 2023. However, our first year of operating as a charity is from 1st September 2023 to 31st August 2024.

The undoubted highlight of our first year is successfully bidding for a grant from the UKSPF and commissioning a project to give music opportunities to young people in the north-west of the borough of North Tyneside. See more detailed report below.

Much of our work has however been in continuing to develop the foundations of the charity.

Our bank account was opened on 31st January 2024 with a donation of £500 from North Tyneside Brass in Schools. We have received a small amount in individual donations since. Our financial review is below.

We have registered with HMRC as a charity eligible for Gift Aid with HMRC Charities reference number ZD32111.

We have developed a website at mo4y.org.uk and started to publicise our existence through networks of people involved in music education and at music events involving children and young people in and around North Tyneside.

We ran a logo competition to engage young people with the charity and will continue this in the coming year.

We have developed several Policies which are accessible from our website, and we are continuing to develop further policies.

We do not have any paid staff and have no plans to employ any in the near or medium future. Neither do we currently have any volunteers, but we do intend to develop a team of volunteers once we have appropriate Volunteer Policies in place.

Our fund raising and charitable work is still at an early stage while we continue to establish the charity and our policies.

Projects

We have so far commissioned one project named “Sounding Out” to provide music opportunities for young people in the north-west of the Borough of North Tyneside. This is funded with a grant from the UK Shared Prosperity Youth Fund (UKSPF) and managed by North Tyneside Music Education Hub. This project is ongoing and scheduled to run until the end of March 2025.

An interim report on progress has been published and is available to view at: htps://drive.google.com/fle/d/1Y2dbAMU5zZ1dMudMEV40Jco-S18pLqgm/view?usp=drive_link

Financial Review

Restricted funds

Restricted funds
Sounding Out project
Income	£29,776
Expenditure	£7,206
Current balance	£22,570
General funds
Income	£543.99
Expenditure	£523.79
Current balance	£20.20

Note that current unrestricted funds balance is £336.88 with £316.68 expenditure to be reimbursed to treasurer for payments including insurance and miscellaneous. Also, we will be billed £18 bank charges in September to cover 3 months 4th June to 3rd September.

We have no financial reserves, and we do not as yet have a reserves policy. We are aware that we will need to raise further funds to continue to operate over the next year and we are actively working on plans to do so.

We have no assets or liabilities other than the cash sums shown in our annual financial statement.

Trustees

We are currently managed by a committee of 6 trustees:

	Trustee name	Ofce (if any)	Dates acted if not for whole year
1	Stephen Joseph Wegryzynski	Chair
2	Dr Katherine Anne Butler	Secretary	Secretary since Jan 2024 (Trustee since Dec 2022)
3	Gavin Richard Dudley	Treasurer
4	Alexander James Ashton Lewis
5	Rachael Claire Bailey
6	Lorna JennyWilliams

Two of our founding trustees resigned during the year for personal reasons.

We will be looking to appoint additional trustees in the near future to help further the work of the charity. New trustees are appointed by a resolution at a trustees meeting.

We have no corporate trustees.

No trustees hold title to property belonging to the charity (the charity does not own any property).

Contact details

To contact the charity please send an email to:

secretary@mo4y.org.uk

Registered charity address for correspondence:

4 Victoria Avenue, Forest Hall, Newcastle upon Tyne, NE12 8AX

This version updated Jan 2025

Charity Name No (if any) North Tyneside Music Opportunities for Young People 1203835 Receipts and payments accounts For the period Period start date To Period end date 1st Sept 2023 31st Aug 2024

CC16a

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ - 500 44 - - - - - 544 - - - 544 - 26 - 121 60 - - - - 207 - - - 207 337 - - 337	Restricted funds to the nearest £ 29,776 - - - - - - - 29,776 - - - 29,776 5,739 - - - - - - - - 5,739 - - - 5,739 24,037 - - 24,037	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 29,776 500 44 - - - - - 30,320 - - - 30,320 5,739 26 - 121 60 - - - - 5,946 - - - 5,946 24,374	Last year to the nearest £
SoundingOut Project	-				-
Donations from organisations	500				-
Donations from individuals	44				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	544				-

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					-

SoundingOut Project	-				-
Bank fees	26				-
Insurance	-				-
Website,IT and marketing	121				-
Miscellaneous	60				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	207				-

A4 Asset and investment purchases (see table)
,	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					-

	337	24,037	-	24,374	-
	-	-	-	-	-
	-	-	-	-	-
	337	24,037	-	24,374	-

CCXX R1 accounts (SS)

10/06/2025

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B4 Assets retained for the charity’s own use B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities	Details Details Details Details Details Signature Insurance reimbursement Miscellaneous reimbursement The Cluny venue Gosforth Academy room hire SumUp payment machine Sounding Out project General unrestricted funds Gift aid to be reclaimed on donations *Total cash funds* (agree balances with receipts and payments account(s))	Unrestricted funds Restricted funds to nearest £ to nearest £ - 24,037 337 - - - 337 24,037 OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ 11 - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) General 78 - - - - - - - Fund to which liability relates Amount due (optional) Sounding Out 600 Sounding Out 867 General 239 General 78 - Print Name	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval

CCXX R2 accounts (SS)

10/06/2025

North Tyneside Music Opportunities for Young People (mo4y)

Independent examiner’s report to the Trustees of mo4y for the period ended 31 August 2024

Registered charity number 1203835

Mo4y is a non-company charity preparing receipts and payments accounts, with a gross income of £250,000 or less (~£30k in the period).

As the charity trustees of mo4y you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the “Act”).

This report is in respect of my examination of mo4y’s accounts carried out under section 145 of the 2011 Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act and the directions and guidance for examiner’s issued by the Charity Commission (CC32, issued in December 2017).

No material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.

Please see attached:

Appendix A – Examiner’s checklist (CC32a of the Charity Commission’s direction and guidance)
― Appendix B – Examiner’s notes

Signed:

Name: Stuart Stephenson BSc (Joint Hons) CTA

Address: 38 Linden Road, NE3 4HB

Date: 23 June 2025

Appendix A – Examiner’s checklist

The Directions and documentation	Status	WP ref

Direction 1: Check whether the charity is eligible for an independent examination
Checked the charity audit threshold applying to the accounts to be reviewed		1.
Checked an audit is not required for any other reason		1.
Confirmed the charity is eligible for independent examination		1.
Confirmed the amount of the charity’s income to figure shown the accounts (including any branches) and confirmed that income and assets are below the audit threshold or, if applicable, obtained a copy of the letter from the Commission approving an audit dispensation		1.
If the charity has one or more subsidiaries confirmed that group accounts are not required by law	N/A
If a charitable company checked that the audit exemption statement has been made	N/A
If applicable, rechecked the threshold calculation during the examination	N/A
If the charity’s income is more than £250,000 confirmed that the examiner is a member of one of the listed bodies	N/A
If applicable, informed the trustees that the charity is not eligible for an independent examination	N/A
If receipts and payments accounts have been prepared, checked that the charity’s gross income is less than £250,000 and that it is not a company		1.
If receipts and payments accounts have been prepared, check that there is no requirement to prepare accruals accounts in the charity’s governing document or for any other reason		1.
If applicable, informed the trustees that the charity is not eligible to prepare receipts and payments accounts	N/A	1.
Direction 2: Check for any conflict of interest that prevents the examiner from carrying out their independent examination
Confirmed that there are no close personal relationships with the trustees that compromise independence		2.
Confirmed as having no the day to day involvement in the administration of the charity		2.
If providing other services to the charity then confirmed that all the criteria in Direction 2 necessary for independence are met		2.
Identified that there are no circumstances in the examiner’s judgment that would reasonably lead to the perception that the examiner is not independent		2.
Considered whether sufficiently skilled to carry out the examination and, where required, confirmed membership of a listed body		1.
If applicable, informed the trustees that you are not eligible to carry out the independent examination	N/A

The Directions and documentation	Status	WP ref

Direction 3: Record your independent examination
File of working papers prepared to document the work undertaken (see the Direction for guidance on key working papers)		6.
Evidence of appointment on file		6.1
If issued, letter of engagement signed by the trustees on file	N/A
Documentation of steps required by Direction 1 are all done		See above
Documentation that steps required by Direction 2 are all done		See above
Analytical review documented		3.
Areas of concern identified and noted whether these were resolved or if unresolved and significant have included them in the examiner’s report		4.
Verification and vouching procedures undertaken and any checks made are on file		3., 4., 5.
Copy of approved accounts on file	TBC	To confirm
Copy of trustees’ annual report on file		6.2
Copies of information relied upon as part of the examination are on file		6.
If applicable, copies of written assurances given	N/A
Recorded the conclusions drawn as an outcome of the independent examination that support the examiner’s report are on file		5.
Recorded any matters of material significance about which a report must be made direct to the Commission	N/A	4.
Recorded whether to exercise discretion and report on relevant matters direct to the Commission	N/A	4.
Direction 4: Plan your independent examination
Obtained an understanding of the charity’s constitution, objectives, organisational structure, the funds managed, its activities and accounting records and systems		6.
Planned specific examination procedures appropriate to the circumstances of the charity		3., 4., 5.
Reviewed whether any areas for improvement were advised to the trustees in the previous year’s independent examiner’s report (or audit report and management letter) and looked to see if any action taken	N/A	1stperiod
Considered the financial risks identified and, where accruals accounts prepared, considered whether the trustees have evidence that shows that the charity is a going concern		3., 4., 5.
Noted any implications for the examiner’s report and for separate reporting to the Commission		5.
Direction 5: Check that accounting records are kept to the required standard
Checked that accounting records have been kept are complete and considered if they have been kept to the required standard		3., 4., 5.
Asked the trustees about how they ensure the accounting records are complete		6.12

The Directions and documentation	Status	WP ref

If corrections made or records created during the examination, the trustee approval for these has been sought and obtained	N/A
Asked the trustees if they carried out a review of the charity’s internal financial controls in the year reported		6.12
Noted any implications for the examiner’s report and for separate reporting to the Commission		4., 5., 6.
Direction 6: Check that the accounts are consistent with the accounting records
Compared the accounts with the underlying accounting records	
Checked some entries from the listing of transactions of income and expenditure to vouchers such as invoices, bank statements, and receipts.	
If applicable, confirmed that the trustees have taken the necessary steps to ensure that restricted or endowed funds are correctly reported in the accounts	
If additional checks were necessary, the evidence was found that showed the accounting record was complete, voucher present, and both supported the entry in the accounts	
Direction 7: If the accounts are prepared on an accruals basis and one or more related party transactions took place the examiner must check if these were properly disclosed in the notes to the accounts
Checked that the disclosures required by the SORP have been made and are complete	N/A
Considered whether there are any implications for the examiner’s report and reporting to the Commission	N/A
If receipts and payments accounts prepared and a related party transaction note was provided, then checked the note for any implications for the examiner’s report	N/A
Direction 8: Check the reasonableness of the significant estimates and judgments and accounting policies used in accounting for the types of fund held and in the preparation of the accounts
Checked with the trustees that the separate funds of the charity have been correctly accounted for and reported correctly in the accounts	
Checked the reasonableness of any significant estimates or judgments that have been made in preparing the accounts	
Where accruals accounts are prepared, checked that the accounting policies adopted are consistent with the SORP and are appropriate to the activities of the charity	N/A
Where accruals accounts are prepared, checked that the accounts were prepared on a going concern basis	N/A
Noted any implications for the examiner’s report and for separate reporting to the Commission	
Direction 9: The examiner must check whether the trustees have considered the financial circumstances of the charity at the end of the reporting period and, if the accounts are prepared on an accruals basis, check whether the trustees have made an assessment of the charity’s position as a going concern when approving the accounts

The Directions and documentation	Status	WP ref

Asked the trustees whether they expect the charity to be able to settle outstanding invoices, bills and commitments as and when they fall due	
Asked the trustees about the reserves policy and the adequacy of the level of reserves held	
Where accruals accounts are prepared, checked that the trustees’ have made an assessment of going concern and that their assessment is reasonable given the information available	N/A
Where accruals accounts are prepared, checked that the SORP’s disclosures about going concern have been made	N/A
Noted any implications for the examiner’s report and for separate reporting to the Commission		5.
Direction 10: Check the form and content of the accounts
Where receipts and payments accounts have been prepared, checked that the charity can lawfully prepare such accounts, that all the accounting statements are present and that the funds of the charity are correctly identified	
Where accruals accounts are prepared, checked that they comply with the SORP and applicable accounting standard	N/A
If the charity is a company, checked that the accounts also comply with the applicable company law requirements	N/A
Noted any implications for the examiner’s report and for separate reporting to the Commission		5.
Direction 11: Identify items from the analytical review of the accounts that need to be followed up for further explanation or evidence
Carried out an analytical review	
Following the analytical review, selected material items in the accounts for further explanation or supporting evidence	
If the accounts could be materially misstated, additional checks were undertaken and the examiner is satisfied that the item(s) identified were satisfactorily explained and correctly included in the accounts	N/A
Noted any implications for the examiner’s report and for separate reporting to the Commission		5.
Direction 12: Compare the trustees’ annual report with the accounts
Checked that any figure for reserves quoted in the trustees’ annual report is not materially inconsistent with the accounts	
Compared the trustees’ annual report with the accounts for any material inconsistency	
Noted any implications for the examiner’s report and for separate reporting to the Commission		5.
Direction 13: Write and sign the independent examination report
Reviewed the conclusions from the independent examination	

The Directions and documentation	Status	WP ref
Considered whether the examination has identified a matter of concern that should be reported in the examiner’s report	
Checked that the examiner’s report covers all of the matters required	
If relying on the work of others in undertaking the independent examination, the examiner is fully satisfied with their work and that work has been fully documented	N/A
Signed and dated the examiner’s report	
Reported matters of material significance direct to the Commission	N/A
Exercised discretion and reported relevant matters direct to the Commission	N/A

Appendix B – Examiner’s notes

Working paper (WP) references are to the below.

Income ~£30k, > £25k requiring external scrutiny, <£250k examiner does not need to be a member of specified body. An audit is not required due to revenue or per mo4y’s constitution or any other reason I have identified on review of all the materials under 6. Receipts and payments accounting has been used – accruals basis is not required due to revenue or per mo4y’s constitution or any other reason I have identified. Note - examiner has worked in big 4 and other accounting firms throughout career and is familiar with accounting principles and practice.
1.1. The grant agreement with the Council of the Borough of North Tyneside in respect of the UK Shared Prosperity Youth Fund has been provided and reviewed and does not trigger the need for an audit or other requirements relevant for the accounts and this review.
My only connection with mo4y is that my son plays drums in groups ran by North Tyneside Music Education Hub (NTMEH), which has a partnership with mo4y. Otherwise, I have no direct or indirect relationship with the organisation or trustees.
Analytical review
Areas of potential concern and how resolved
4.1. Trustee meetings/ minutes and appropriate record keeping – minutes now provided and reviewed
4.2. Review charity’s internal financial controls – the Treasurer has consulted with qualified individuals and taken on board suggestions and improvements in the year
4.3. Over-reliance on an individual to handle the charity’s accounts and finances – as above the Treasurer has sought input from experienced third parties
4.4. Asked the trustees if they carried out a review of the charity’s internal financial controls in the year reported – discussed with the Treasurer
Conclusions – no issues have been identified that need to be brought to the attention of the Trustees of the Commission. I have discussed the review and findings with the Treasurer and remain available to provide input as the charity enters its second year.
Documents, communications and information made available to the examiner and reviewed, and where relevant maintained on the examiner’s file for the period:
6.1. [EXTERNAL] Fwd: Looking for help [Email confirming appointment as examiner]
6.2. NTMOfYP Trustees annual report 2023-24 [Trustee’s report FY24]
6.3. mo4y Treasurer report 20240913 v2 [Treasurer’s report FY24]
6.4. North Tyneside Music Opportunities for Young People Constitution [mo4y constitution]
6.5. Partnership_Agreement_NTMEH_NTMOfYP Signed [Partnership agreement]
6.6. Grant funding agreement with the Council of the Borough of North Tyneside in respect of the UK Shared Prosperity Youth Fund
6.7. NTMOfYP Accounts 2023-24 [Excel accounts file]
6.8. NTMOfYP annual accounts return 20240831 draft v3 [Excel HMRC disclosures]
6.9. North Tyneside Music Opportunities for Young People [Mo4y website]
6.10. Sounding Out! - Blog post [PDF]
6.11. Charity account requirements [Treasurer’s notes of meeting and requirements for accounts and independent examination]
6.12. Interview with Treasurer 25 May 2025