BRENT MUSIC ACADEMY
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Charity Number: 1204014
BRENT MUSIC ACADEMY
FOR THE YEAR ENDED 31 AUGUST 2025
| Contents | Page |
|---|---|
| Reference and administrative information | 1 |
| Trustees’ report | 2-4 |
| Independent examiner’s report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8-14 |
Brent Music Academy Reference and Administrative Information
Trustees and Key Management Personnel:
| Errington Angus | |
|---|---|
| Brian De Lord | |
| Antony Harris (Resigned 2ndApril 2026) | |
| Philip Keller (Resigned 23rdSeptember 2024) | |
| James Pickles | |
| Titania Altius (Resigned 8thJanuary 2026) | |
| Sarah Batten (Resigned 23rdSeptember 2024) | |
| Jonathan Whiskerd | |
| Sal-Wyn Ryan (Resigned 8thJanuary 2026) | |
| Lisa Rodio | |
| Christoper Stones (Appointed 1stNovember 2024, | |
| resigned 2ndApril 2026) | |
| Shirley Parks (Appointed 15thNovember 2024) | |
| Stuart Birnie (Appointed 15thNovember 2024) | |
| Sarah Bardwell (Appointed 8thJanuary 2026) | |
| Soumitra Chakravorty (Appointed 8thJanuary 2026) | |
| Benjamin Wynter (Appointed 8thJanuary 2026) | |
| Benjamin Jones (Appointed 8thJanuary 2026) | |
| Charity registered number | 1204014 |
| Principal Address | 1B Dyne Road |
| London | |
| NW6 7XG | |
| Independent Examiner | Miriam Hickson FCA CTA |
| JCS Accountants Ltd | |
| 5 Robin Hood Lane | |
| Sutton | |
| Surrey | |
| SM1 2SW | |
| Bankers | The Co-operative Bank - Business |
| Business Customer Services | |
| PO Box 250 | |
| Skelmersdale | |
| WN8 6WT |
Page 1
Brent Music Academy Trustees’ Report for the year ended 31 August 2025
The Trustees present their Annual Report for the year ended 31 August 2025. This report has been prepared in accordance with the Charities Act 2011, the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). Brent Music Academy (“BMA”) was registered as a charitable incorporated organisation with the Charity Commission on 18[th] July 2023 and is governed by its constitution.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of Trustees
The Trustees during the period and up to the date of signing this report are set out on page 1.
The charity’s founding partners are the Royal Philharmonic Orchestra (“RPO”), Brent Music Service (“BMS”) and the Institute for Contemporary Music Performance (“ICMP”). Each of the charity’s founding partners can appoint up to two Trustees, so six in total. There can also be up to six nominated Trustees. All new Trustees are provided with a copy of BMA’s constitution and the Charity Commission’s Guidance for Trustees.
Organisational Structure
Organisational Structure The affairs of BMA are managed by the Board of Trustees. Board meetings are held every three months. Decisions may be taken in between meetings by a majority of Trustees based on resolutions circulated electronically. Certain day to day decisions are delegated to the Academy Director within agreed parameters. All bank payments require Trustee authorisation.
Risk management
The Trustees believe they are aware of the major risks to which the charity is exposed and that controls are in place to mitigate them. A Risk Register is in use and the Trustees aim for robust management oversight. The Trustees consider the principal risks and uncertainties facing the charity, and the plans and strategies for managing these risks, to be:
-
Safeguarding;
-
Inability to operate due to a lockdown.
The charity has safeguarding policies in place and a tailored insurance policy to cover other risks.
Objectives and activities
The object of the CIO is, for the public benefit, to advance education in the subject of music, including but not limited to, music learning, performance, and industry talent development.
BMA’s mission is to provide higher level musical and vocational training and experiences for young people in the borough of Brent. BMA works closely with its community partners, including key partners the Royal Philharmonic Orchestra (“RPO”), Brent Music Service (“BMS”) and the Institute for Contemporary Music Performance (“ICMP”).
BMA will deliver its programmes through a Performance Pathway and an Industry Pathway. The Performance Pathway is for advanced young musicians aged 8 to 19 who demonstrate a passion for music performance and composition in any genre, style, instrument or voice type. The Industry Pathway will introduce participants aged 14 to 19 to the inner workings of the music industry, demonstrating the range of opportunities and roles across business, administration and production responsibilities.
Page 2
Brent Music Academy Trustees’ Report for the year ended 31 August 2025
Achievements and performance
The mission of Brent Music Academy (“BMA”) is to provide higher level musical and vocational training and experiences for young people in the borough of Brent. BMA works closely with its community partners, including key partners the Royal Philharmonic Orchestra (“RPO”), the Institute for Contemporary Music Performance (“ICMP”) and Brent Music Service (“BMS”).
BMA delivered its first full programme this year, opening doors for 30 young people to develop their talents, build confidence and explore the possibility of a future in music.
Performance Pathway students worked with outstanding workshop leaders, including musicians from the RPO. Across five modules, they developed performance and composition skills, learned to improvise, and discovered new ways of expressing themselves. Students consistently praised the excellent teaching, resources, and curriculum that challenged them to grow. Industry Pathway students explored careers behind the scenes in music. Across 25 workshops, professionals taught skills in production, songwriting, branding, rights, and marketing. Students valued the real-world insight, calling it “a window into what the future could be.”
We are grateful for the financial support provided by John Lyon’s Charity, the Orp Foundation, the RPO, Sovereign Network Group, Three Monkies Trust, Edward Harvist Trust, and Radcliffe Trust, and for gifts in kind from the RPO and ICMP (Note 12).
Public benefit
The Trustees believe they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.
All the activities of the Charity (as summarised below) were undertaken to further its charitable purposes for public benefit.
Fundraising
An annual fundraising plan is agreed by the Trustees, with progress against this plan monitored at quarterly Board Meetings. The charity’s eligibility for certain funding streams will increase with the issuance of this first set of financial statements. In line with the reporting requirements included in the Charities Act 2016 the Trustees are pleased to confirm that all fundraising is done in compliance with best fundraising practice. No complaints were received about our fundraising practices.
In line with the reporting requirements included in the Charities Act 2016 the Trustees are pleased to confirm that all fundraising is done in compliance with best fundraising practice. No complaints were received about our fundraising practices.
Related Parties
BMA works with and receives support from its founding partners, RPO, BMS and ICMP. BMA also intends to work in partnership with the Brent Black Music Co-op and the Young Brent Foundation.
FINANCIAL REVIEW
During the year, income and expenditure amounted to £137,673 (2024: 175,379) and £126,541 (2024: 74,385) respectively. As a result, there was a surplus of £11,132 (2024: £100,994 surplus) and the net assets increased by the same amount. Net current assets amounted to £110,329 (2024: £110,695).
Reserves Policy
The Trustees intend to build sufficient reserves to cover operating overheads for three months. At 31 August 2025 the charity had reserves of £112,126 (2024: 100,994), of which £4,680 (2024: 20,000) was restricted and £107,446 (2024: 80,994) was unrestricted. The level of unrestricted reserves is above the reserves policy, reflecting funding received to support the charity’s programmes in the next financial year.
Page 3
Independent Examinerfs report to the Trustees of Brent Music Academy Independent examinerfs report to the trustees of Brnnt Music Academy I report to the charity trustees on my examination of the accounts of Brent Musi Academy for the year ended 31 August 2025. Regponsibllltl•s and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance With the requirements of the Charities Act 2011 ('the Acr). I report in respect of my examination ol the Trust's accounts as carried out under Section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5}{b) of the Ad. Indepondont examinafs slat•ment I have Completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect ofthe Trust as required by section 130 of the Act.. or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the applicable requirements concerning the fomi and content of aGcounts set out in the Charities {Accounts and Report} Regulations 2008 other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination., or 4. the accounts have not been prepared in accordance with the methods and principles of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charrties pParing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and the Republic of Ireland {FRS 102) I have no concems and have come auoss no other matters in connection with the examination lo which attenlion should be drawn in this report in order to enable proper understanding of Ihe accounts to b8 reached. Miriam Hickson CTA FCA JCS Accountants Limited 5 Robin Hood Lane Sutton Surrey SM1 2SW Iq rn* Zoz Pa$
Brent Music Academy Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 August 2025
| 18.7.23 | |||||||
|---|---|---|---|---|---|---|---|
| 2025 | To 31.08.2024 | ||||||
| Notes | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| £ | £ | £ | £ | £ | £ | ||
| Income from | |||||||
| Donations and legacies | 2 | 128,114 | 5,000 | 133,114 | 155,020 | 20,000 | 175,020 |
| Charitable activities | 3 | 3,100 | - | 3,100 | - | - | - |
| Investments | 1,459 | - | 1,459 | 359 | - | 359 | |
| ────── | ────── | ────── | ────── | ────── | ────── | ||
| Total income | 132,673 | 5,000 | 137,673 | 155,379 | 20,000 | 175,379 | |
| ────── | ────── | ────── | ────── | ────── | ────── | ||
| Expenditure on | - | ||||||
| Raising funds | 1,100 | - | 1,100 | 5,075 | - | 5,075 | |
| Charitable activities | 4 | 105,121 | 20,320 | 125,441 | 69,310 | - | 69,310 |
| ────── | ────── | ────── | ────── | ────── | ────── | ||
| Total expenditure | 106,221 | 20,320 | 126,541 | 74,385 | - | 74,385 | |
| ────── | ────── | ────── | ────── | ────── | ────── | ||
| Net income/(expenditure) | 26,452 | (15,320) | 11,132 | 80,994 | 20,000 | 100,994 | |
| Transfers between funds | - | - | - | - | - | - | |
| ────── | ────── | ────── | ────── | ────── | ────── | ||
| Net movement in funds | 26,452 | (15,320) | 11,132 | 80,994 | 20,000 | 100,994 | |
| Reconciliation of funds | |||||||
| Total funds brought forward | 80,994 | 20,000 | 100,994 | - | - | - | |
| ────── | ────── | ────── | ────── | ────── | ────── | ||
| Total funds carried forward | 107,446 | 4,680 | 112,126 | 80,994 | 20,000 | 100,994 | |
| ══════ | ══════ | ══════ | ══════ | ══════ | ══════ |
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above. The notes of pages 10 to 16 form part of these financial statements.
Page 6
| Notes | 2025 f |
L | f, | 2424 t |
|||
|---|---|---|---|---|---|---|---|
| Fixedassets | |||||||
| Tangible assets | 7 | 1,797 | 299 | ||||
| Current assets | |||||||
| Debtors | I | 3,737 | 2,7rc | ||||
| Cashatbank and inhand | 109,7'19 | 100,942 | |||||
| 113,456 | 103,652 | ||||||
| Greditors:Amounts falling due within one year |
I | (3,127) | (2,e57) | ||||
| Netcurrent assets | 14,329 | 100,695 | |||||
| Net assets | 11 | 112,126 | 100,994 | ||||
| Funds | |||||||
| Restricted Funds | 10 | 4,680 | 20,000 | ||||
| Unrestricted Funds | 10 | 107,446 | 80,994 | ||||
| Totalfunds | 112,126 | '100,994 |
Brent Music Academy Notes to the Financial Statements for the year ended 31 August 2025
1 ACCOUNTING POLICIES
Brent Music Academy is a charitable incorporated organisation registered with the Charity Commission in England and Wales. The charity’s registered number and principal address can be found on the Charity’s Information page.
1.1 Basis of preparation
The financial statements have been prepared under the Charities Act 2011, and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)), and Financial Reporting Standard 102 (FRS 102).
The financial statements are prepared in sterling, rounded to the nearest pound. The charity is a Public Benefit Entity as defined by FRS 102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees will continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity, which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
1.4 Grant Income
Grants are recognised in full in the Statement of Financial Activities in the year in which the charity has entitlement to the income, the amount of income receivable can be measured reliably and there is a probability of receipt.
1.5 Expenditure
All expenditure is accrued as soon as a liability is considered probable and has been classified under headings that aggregate all costs related to the category.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
1.6 Tangible fixed assets and depreciation
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Equipment 25% straight line.
Page 8
Brent Music Academy Notes to the Financial Statements for the year ended 31 August 2025
1 ACCOUNTING POLICIES (continued)
1.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.8 Debtors
Prepayments are valued at the amount prepaid. Other debtors are included at the settlement amount due.
1.9 Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount. Provisions have been calculated at the best estimate of the settlement amount.
1.10 Deferred Income
Grants received in advance and specified by the donor as relating to specific future periods or subject to conditions which are still to be met, are deferred to the period to which they relate.
1.11 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
1.12 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
1.13 Accounting estimates and judgements
There were no significant estimates and judgements made by the charity.
1.14 Pensions
The charity contributes to a defined pension contribution scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. Contributions to the scheme are charged to expenditure as they become payable.
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Brent Music Academy Notes to the Financial Statements for the year ended 31 August 2025
2 Donations and legacies
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| £ | £ | £ | £ | ||||
| Grants receivable | 106,735 | 5,000 | 111,735 | 145,800 | |||
| Gifts in Kind | 21,379 | - | 21,379 | 29,220 | |||
| ────── | ────── | ────── | ────── | ||||
| 128,114 | 5,000 | 133,114 | 175,020 | ||||
| ══════ | ══════ | ══════ | ══════ | ||||
Charitable activities |
|||||||
| 2025 | 2024 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| £ | £ | £ | £ | ||||
| Student Fees | 3,100 | - | 3,100 | - | |||
| ────── | ────── | ────── | ────── | ||||
| 3,100 | - | 3,100 | - | ||||
| ══════ | ══════ | ══════ | ══════ | ||||
Expenditure on charitable |
activities | ||||||
| 2025 | 2024 | ||||||
| Direct | Support | Governance | Total | Total | |||
| £ | £ | £ | £ | £ | |||
| Consulting | 1,500 | - | - | 1,500 | 6,399 | ||
| Insurance | 1,456 | 443 | - | 1,899 | 1,315 | ||
| IT Software and Consumables | - | 594 | - | 594 | 249 | ||
| Rent | 1,925 | - | - | 1,925 | 264 | ||
| Payroll Costs | 43,790 | 18,265 | - | 62,055 | 26,644 | ||
| Core Performance - professionals | 16,139 | - | - | 16,139 | - | ||
| Core Industry - professionals | 11,686 | - | - | 11,686 | - | ||
| Provision of supporting musicians | |||||||
| and performance spaces | 21,379 | - | - | 21,379 | 29,220 | ||
| Staff Training | 320 | - | - | 320 | 893 | ||
| Advertising & marketing | - | 1,294 | - | 1,294 | 220 | ||
| Travel and meeting costs | - | 46 | - | 46 | 4 | ||
| Printing, Telephone & internet | 777 | 547 | - | 1,324 | 500 | ||
| Subscriptions | - | 645 | - | 645 | 400 | ||
| General expenses | 595 | 100 | - | 695 | 61 | ||
| Payroll fees - accountancy | - | - | 800 | 800 | 641 | ||
| Accountancy fees | - | - | 1,200 | 1,200 | 1,200 | ||
| Independent examiner’s fee | - | - | 1,260 | 1,260 | 1,200 | ||
| Depreciation | - | 680 | - | 680 | 100 | ||
| ────── | ────── | ────── | ────── | ────── | |||
| 99,567 | 22,614 | 3,260 | 125,441 | 69,310 | |||
| ══════ | ══════ | ══════ | ══════ | ══════ |
3 Charitable activities
4 Expenditure on charitable activities
Page 10
Brent Music Academy Notes to the Financial Statements for the year ended 31 August 2025
5 Staff costs
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 59,817 | 25,375 |
| Social security costs | - | - |
| Pension costs | 2,238 | 1,269 |
| ────── | ────── | |
| 62,055 | 26,644 | |
| ══════ | ══════ | |
| The average number of employees during the year was: | Number | Number |
| Academy Director | 1 | 1 |
| Programme Manager | 1 | 1 |
| Fundraiser | 1 | - |
| Head of Learning Pathways | 1 | - |
| ────── | ────── | |
| 4 | 2 | |
| ══════ | ══════ | |
| £ | £ | |
| Key management personnel remuneration | - | - |
| ══════ | ══════ |
No member of staff received payments in excess of £60,000 in the current or prior year.
6 Trustees’ remuneration and expenses
The Trustees, who are also the key management personnel, did not receive received any remuneration or other benefits (2024: £nil).
The Charity purchased professional indemnity insurance at a cost of £232 (2024: £260).
No trustees were reimbursed expenses in the year (2024: nil).
Page 11
Brent Music Academy Notes to the Financial Statements for the year ended 31 August 2025
7 Tangible fixed assets
| Equipment | Total | |
|---|---|---|
| £ | £ | |
| Cost | ||
| At 1 September 2024 brought | ||
| forward | 399 | 399 |
| Additions | 2,178 | 2,178 |
| Disposals | - | - |
| ────── | ────── | |
| At 31 August 2025 carried forward | 2,577 | 2,577 |
| ────── | ────── | |
| Depreciation | ||
| At 1 September 2024 brought | ||
| forward | 100 | 100 |
| Charge for the period | 680 | 680 |
| Amount released on disposal | ||
| ────── | ────── | |
| At 31 August 2025 carried forward | 780 | 780 |
| ────── | ────── | |
| Net Book Value | ||
| At 31 August 2025 carried forward | 1,797 | 1,797 |
| ══════ | ══════ | |
| At 1 September 2024 brought | ||
| forward | 299 | 299 |
| ══════ | ══════ | |
Debtors |
||
| 2025 | 2024 | |
| £ | £ | |
| Trade Debtors | 200 | - |
| Prepayments | 946 | 710 |
| Other debtors | 2,591 | 2,000 |
| ────── | ────── | |
| 3,737 | 2,710 | |
| ══════ | ══════ |
8 Debtors
Page 12
Brent Music Academy Notes to the Financial Statements for the year ended 31 August 2025
9 Creditors: Amounts falling due within one year
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Taxation and social security | 607 | 557 | |||
| Accruals & deferred income | 2,520 | 2,400 | |||
| ────── | ────── | ||||
| 3,127 | 2,957 | ||||
| ══════ | ══════ | ||||
| 0 Funds |
|||||
| Balance at 1 | Income | Expenditure | Balance at 31 | ||
| September 2024 | August 2025 | ||||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General funds | 80,994 | 132,673 | (106,221) | 107,446 | |
| ────── | ────── | ────── | ────── | ||
| Restricted funds | |||||
| Industry Pathway | 20,000 | - | (20,000) | - | |
| Staff Training Grant | - | 5,000 | (320) | 4,680 | |
| ────── | ────── | ────── | ────── | ||
| Total funds | 100,994 | 137,673 | (126,541) | 112,126 | |
| ══════ | ══════ | ══════ | ══════ | ||
| Balance at | 8 | Income | Expenditure | Balance at 31 | |
| June 2023 | August 2024 | ||||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General funds | - | 155,379 | (74,385) | 80,994 | |
| ────── | ────── | ────── | ────── | ||
| Restricted funds | |||||
| Industry Pathway | - | 20,000 | - | 20,000 | |
| ────── | ────── | ────── | ────── | ||
| Total funds | - | 175,379 | (74,385) | 100,994 | |
| ══════ | ══════ | ══════ | ══════ |
10 Funds
The Industry Pathway funds are restricted for use on the programme to introduce participants to the music industry.
A grant was made by the RPO Garrick Trust for to be used for staff training.
Page 13
Brent Music Academy Notes to the Financial Statements for the year ended 31 August 2025
| 11 | Analysis of net assets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| £ | £ | £ | ||
| Fund | balances at 31 August 2025 are represented by: | |||
| Tangible fixed assets | 1,797 | - | 1,797 | |
| Current assets | 108,776 | 4,680 | 113,456 | |
| Creditors due within one year | (3,127) | - | (3,127) | |
| ────── | ────── | ────── | ||
| Total | net assets at 31 August 2025 | 107,446 | 4,680 | 112,126 |
| ══════ | ══════ | ══════ | ||
| Unrestricted | Restricted | Total | ||
| £ | £ | £ | ||
| Fund | balances at 31 August 2024 are represented by: | |||
| Tangible fixed assets | 299 | - | 299 | |
| Current assets | 83,652 | 20,000 | 103,652 | |
| Creditors due within one year | (2,957) | - | (2,957) | |
| ────── | ────── | ────── | ||
| Total | net assets at 31 August 2024 | 80,994 | 20,000 | 100,994 |
| ══════ | ══════ | ══════ |
12 Related party transactions
The charity received gifts in kind of £16,479 (2024: £28,100) and in the previous period received a £45,800 grant, from the Royal Philharmonic Orchestra Limited in which Philip Keller, Sali-Wyn Ryan, and Sarah Bardwell are directors. The charity received gifts in kind of £4,900 (2024: £1,120) from the Institute of Contemporary Music Performance in which Antony Harris is a director.
There were no other related party transactions during the year, except as disclosed in note 6.
Page 14