2024-08-31-accounts

Charity Trustees’ Annual Report For the Year Ending 31 August 2024

Prepared by Ana Joyette Lewis, Chair from 1 January 2025 On behalf of the Trustees, West Norfolk Music Centre

1. INTRODUCTION

This report is presented on behalf of the Trustees of West Norfolk Music Centre (WNMC) for the financial year ending 31 August 2024. As I took up the role of Chair in January 2025, this report reflects a summary of the activities, financial position, and governance of WNMC during the reported period. My thanks go to my predecessor, Derek Stringer, who stepped down as Chair at the end of 2024 but continues to serve as trustee. His leadership and insight during his tenure have been invaluable.

2. MEMBERSHIP AND GROWTH

Membership recovery has continued strongly following the pandemic’s impact. Member numbers have risen from a pandemic low of around 75 to 142 recorded in September 2024. By the end of 2024, the number was over 150, which marks a significant milestone. This recovery has been achieved organically, without substantial advertising expenditure, showing renewed interest in community music-making and a strong reputation within the local area.

A targeted PR campaign aimed at re-engaging lapsed instrumentalists was initiated, with the intention of bolstering ensemble participation without the need for significant new resources.

3. MUSIC TUITION AND PROGRAMME DELIVERY

Music tuition continued on term-time Saturday mornings at Springwood High School, offering a wide range of individual and group tuition. Ensembles including Orchestra, Wind Band, Beginner Band, and various sectional groups such as saxophone, brass, strings, rock, and choral have seen growth in numbers and musical output. WNMC had a rise in interest from younger participants and responded by offering a Music Workshop offering early access to music education.

ABRSM Practical : 6 distinctions, 8 merits, 4 passes

• ABRSM Theory : 4 passes

• Trinity : 1 merit

Group work has expanded, with increased participation in Beginner Band and Music Workshop for children aged 4–8.

4. COMMUNITY ENGAGEMENT

WNMC maintained strong community engagement through concerts and performances:

• Term-end concerts at Springwood High School

• Public Christmas carol performances at Tesco Hardwick

• Participation in the Springwood Festival (July 2nd) and the Walks Bandstand concert (August 4th)

These events enhanced the Centre’s visibility and provided valuable performance experience for students.

5. STAFFING AND TEACHING RESOURCES

Two teachers departed during the year, but six new adult teachers and a new student teacher were recruited. WNMC still faces challenges in recruiting singing teachers and other specific instrumental staff, but staffing overall remained strong.

The administration continues to be managed professionally by Sarah Dennis (Administrator), Diane Rawlinson (Assistant Admin), and Lisa Brian (Finance Officer), whose dedication is fundamental to the smooth operation of WNMC.

6. GOVERNANCE AND MANAGEMENT

The Trustee board met five times in 2024. WNMC continues to benefit from a broad and committed governance team.

Succession planning remains a key focus area, particularly with respect to administrative and finance roles.

7. FINANCIAL POSITION

Trustees are actively working to rebalance the budget and anticipate moving towards break-even, aiming to reduce reliance on dividend income for core subsidy purposes and using it instead for long-term development.

There is concern that the Hub subsidy may be withdrawn in 2025, which could necessitate difficult decisions regarding fee increases or capital usage.

8. INVESTMENTS

Investments are managed with the aim of providing a growing income while maintaining capital stability. A restructuring of the endowment in 2023 resulted in a temporary shift to a 50/50 split between permanent and flexible investments. This will revert to a 75% permanent / 25% flexible structure going forward, ensuring responsible stewardship.

9. LOOKING AHEAD

The Trustees remain committed to providing high-quality music education and experiences. While challenges remain, including funding, space, and staffing, the Music Centre is in a strong position thanks to the dedication of its staff, volunteers, and the local community.

I look forward to building on the foundations laid by my predecessor and working with Trustees, staff, students, and families to sustain and grow this vital community resource.

27 June 2025

Ana Joyette Lewis, Chair West Norfolk Music Centre wnmc.org.uk┃[e-mail] Registered Charity 291104

Charlty No - 291104 WEST NORFOLK MUSIC CEliTRE TRUSTEES REPORT AND FLNANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 MAPUS-sTrii'fH & LEMMOli LLP CHARTERED AccouNfANTS KIliG'S LYINYI

WEST NORFOLK MUSIC CENTRE Charlty No - 291104 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Colltents Page L¢gal a[￿ admirtl8tr#tive infom￿tiOn Trnst¢¢s report Accountants report Statement of financial activities Balance Sheet Notes io the ac¢ouni$ &8

WEST NORFOLK MUSIC CENTRE Charlty No- 291104 LEGAL AND ADMLNISTJL4TIVE INFOR￿￿TIoN Reglstered Office of Cbarlty 3 The Howards North Wootloth Kings Lynll Norfolk PE30 3RS Reg15tered Charlty Number 291104 Charlty Prlneipal Office 3 The Howards North Woollon Kings l.yn Norfolk PE30 3RS Independent Eythmther MapiLS-Smith & IXMt￿J) LLP 48 King Str¢c¢ King's Lynn orfoik PE30 IHE Ch4lrmnn Atta Joy¢tt¢ tLwis Truiteej Mr Derek Sirin8er Mr Ttsby WinieTingham Mr Paul Dcnnis Mrs B¢airic¢ Bray Mrs Sarah-jane Dix Ms Kim Keaies Irs Tityany Meredith MS Patyicia E7Ja Nl8 Jeiinifer Helcii P&i1ison M5 Jes5icts Sanderson Mr Conrad Mcchan

WEST IYORFOLK iKUSIC CEYfRE TRUSTEES REPORT FOR THE YEAR TO 31 AUGUST 2024 Chrity No- 291104 The trllstees present their re￿rt aiollgwith the fitwi¢iiI stat¢m¢nts of the ¢han"ty for the year en(kd 3l August 2024. Statement of trnstÈe's respon$ibl]Itles Chariiy law requires the trustees to prepar¢ accounts that giv¢ a tw¢ and fair view of th¢ statr of affa￿5 of the charity and of 118 illeomc and expenditure for th¢ financial year. Irt dtiing so, the tsWtC￿ are required to: select suilablo accounlillg rrf)lities and ihen apply Ihern consi5tendy. make judgemenLS al]d estimatr5 thai are reasonable ond pruden( stste wb.eiEer applicabl¢ accouniing s￿[1dardS and staments of recorunended f￿anCIal statements, and Prepare the firtancial s¢at¢ments oth L4c 80ill8 concern b&sis uniess i( is inappropriar¢ ￿ p￿sum¢ tha( the charity wiu continue in operation. The trusiees arE responsible for maintaining proper accouniing Teeords which disclose with reasonable aceiiru¢y at wiy tim¢ ihe flnancial posiiion of the charity and which enable them to eniure that th¢ ac¢ouiits comply witii the Chariti¢8 Act 2011. They are a so I￿pOli91b1t for safe8uardillg the &$sets of ihe charity hnd henee for taking Teasonable Steps for th¢ prevention and detection of fraud and other irrc8ulariti¢$. Le%il $lAtug & or%anliAtIo The charity w&8 found¢d on 6th MthTcb 1985. Th¢ Gov¢rnin8 instruTnents UDd¢r which the Chariry operates is die deed dalttd 24th Scptcmber 1980 amended by supplemental d¢¢d 26th January 1985 and scheme dat¢d 4di O¢tobei' 1988, as Ameiided on 10th Junc 1997 a5 amended on 17th Julie 2019 llnd 3 1st July 2019. The oroani58tion is a r¢Risiered chatitv (ChaTity Number 291104). Oili¢r adiKini8trative dethils are i.¥ shown on pa8e l. Struefur4 goveruance *nd m8nngtm¢nl Th¢ tNsl¢es Jre responiEble for the governao¢¢ of the ¢b8rity and ¢￿U[C that it put5ues the objects for whieh it wa5 foiindcd New tyust¥¢8, being qualified by ¢xperiencr, ore appoiEiled by re¢ommendation of the ¢urrent ¢ru5te¢8, or by proposal ora cli￿¢nI Iruylee entiiled to vote al a meeiing ofthe charily. Objeetlvey and aetlvltlfi of the rhurlty for the publle benefit Tli¢ Tnistee.s haN'e had re¥ard to tl)c c.harity ConuT]iSSiOii S 8uidance on publi¢ benefit and have sought to ensure that all actLVlties undertaken have bccn in line wilh the charity's objectives. The muin objeciiv¢s of the charity ore: To 84Jv&Ace the education Df the publi¢ in the atts scienc¢5 and in porticular the art and seiene¢ of miiyic by the provision of tuition. Achievements and Perfurminee The charity bas continued to impl¢Tnent its policy of COn¢inued bjitioll of music to all age gr￿P5. Fln#n¢lal Revlew, Investment Policy attd Rcserv¢J The ottached d(Kuments den)onstrdte in financial tern￿ the acuvitics of the charity for th¢ p&st year. A$ clln be seen the chariiy ha5 a deficit on un-rextrictcd funds ill the CUTrcnt ￿ar of £18,472 wmpar¢d to £873 su￿[￿￿ in the prior year. Accumulated unrestricted funds carried forward are £218.63512023- £237,107), this level of funds is seen as satisfa¢tory in order for th¢ clwriiy to ¢ontitiue llL¢etitig it5 objectivc5. Oo behalf of ¢he Tru$tee5 Ana Joyette I£wi$

WEST IYORFOLK MUSIC CENTRE Charity No- 291104 INDEPENDEiYf EXAMINER'S REPORT TO THE TRLSTEES OF WEST NORFOLK MLSIC CENTRE I report on the ￿Counts of the Tnjst for the period ended 31 August 2024, which are set out oll pages 5t09. Respective responslbllltlej of trMst¢eJ •nd independenl ex#JDiDer The try￿ttEs ar¢ responsible for the pr¢para¢ion of the accoullts. The Charl￿S tr￿￿tees Consider tbat an udit is not required for this year under seciioo 144(2) of the Charities Act 2011 {the 2011 Act), and that an independait examination is needed. Havillg Satisfied myself that the charity is uot subject to audit ullder company law and is eligible for ind¢p¢nd¢ut examination, it is my r¢5ponsibility lo.. examin¢ the accounts under seerion 145 tlie 2011 ACL . to follow the pro¢edur¢s laid dowi in the G¢n¢ral Direciions given by the Ctwrity Conimission under section 14515)(b) of the 2011 Ael, aud to stal¢ whcthcr particular matt¢ts have come io n)y attention Bails of Independent tXAmlner'g rep(tyrt My eXaMi￿tiOn w&5 carried out iu a¢¢ordgnce with the Genernl Dir¢¢tions given by the Chority Commission. An exatrJii]ation includes a review of the acco1￿11118 records kept by the ¢hui¢y a comparison of the ￿cOU[lts presented with those r¢¢ords. Lt algo includcs consid¢ra¢ion olaDy unusual 1￿mS or dis¢losure$ ii? th¢ a¢¢ounts, and the seeking of explanations from you AS misw wn¢erning any such matters. The procedures undeitsken do nol provide all ¢he ¢vidence that would be required in an audi( and. cons¢qu¢n¢ly, no opii)ion is giv￿1 as to whether the accoui)t8 pregeni a'trne and fair vi¢w' and the report is limited to those maiters set out in the gtat¢rnent below. Indepetsdent ¥xamlnoTS itAtement In connection with my cxamit]ation, no inattcr has come to Iny ttil¢ntion.' (l} which 8ives me reasonable cause to ￿lIeVe that in any inaterial respect the tr￿le¢S hAve not inet tlie requirements to ensure ihat- a) proper accouiiting rccard8 ar¢ kept (in accordan¢e with 8ection 130 of the 2011 Act), Thi b) a¢coullt8 are prepLred which agree with the accowitin8 record¥ and coinply w'ith tho lle¢(>iinting reqiiir¢ments of the 2011 Act. or (2) lo whiciL in my opinion, aiiention should be drawll in order to enablt a proper understanding of the ￿￿O￿nts tu be reache(L apus-smlth & Lejnmon LLP Chartered Accouiitants 48 King Street King5 Lyn Norfolk PE30 IHE

WEST NORFOLK MUSIC CENTRE Charity f40- 291104 STATEMELYT OF pL%￿NCIAL ACTTrITIES ONCLUDING INCOME AND EXPEf4DITURE ACCOUNT) FOR THE YEAR EI¥DED 31 AUGUST 2024 Un- Notes Re8trlcted Fulld$ Restrlcted Funds 2024 Totsl 2023 Total tNCO.MtNC RESOURCES Fees frojy. smdents Surplu$ from refreshnwit sales Donations Hire of Instrun￿nIS WNMC Membership Ftts Conbert donation$ Other trdding &ctiviti¢y Oiher in¢ome Tothl incomwng rawurces 52,329 1,643 141 771 52.329 1,643 141 771 39,549 615 994 4,245 677 1.953 359 48,393 633 633 316 316 55,834 Norfolk Music Hub grant HMRC lax relief Huggins L¢ga¢y Rent Tcbglte Inv¢$kn¢nt income 6,716 394 12,165 409 409 4.433 4.433 56242 16.403 72,645 96,756 peiise.w Tiitori¢il Tffld staff paym¢nis Rei)t Tnsurw¥e Eicp&irs and r¢newals Postaye, ielephone and stationery Other trading activities Accouniancy Sundry expcnses 72,455 72,455 5.025 151 153 103 518 480 709 55,332 3,138 489 221 67 410 252 5,025 153 103 518 480 709 5.0?5 Oiher Costs DepreciAtion 146 146 l94 194 146 Total resources txpeftded 5,025 Net (deflelty8urplus foT the yetr

WEST NORFOLK MUSIC CENTRE Charity No - 303959 BALANCE SHEET AS AT 31 AUGLST 2024 Notes 2024 2023 Flxed A88¢t$ 437 582 Current Assets StoLks D¢btOTS Bank CUTrent accounts Iiivestmellts - Pennanent Elldowrnent Investments . Expendable Endowment Holdin¥ Account Cash in hond 624 695 48,100 205,510 20S,510 13,165 647 473,556 55,268 205,510 205,510 12,165 647 479,794 Current Llabllltles Sundry crediior8 and accr￿&15 862 150 Net Current Assets 472,694 479,644 Tot41 Asscts lejj Current LIAbllltle 473,131 4¥50,225 FUNDS Accumulatlon of restrlcted funds Permanent cttdowm¢nt General funds 229,654 229,654 244,610 233,233 ALcumulatlon of unrestrleted funds General fvnd$ 218 635 237.107 218,63S 237,107 RevAlu4tlon ReserTr'e 9,886 9,886 Totsj ch￿rItY Funds 473,13J 480,22S 25thJune 2025 The accounts were approved by the tr￿Ste¢S on................................. and are signed on their behalf by.. Ana Joyetie Lewis- chairn￿n

WEST NORFOLK MUSIC CENTRE Charlty No- 291104 NOTES TO THE FINAI¥CIAL STATEIIENTS FOR THE YEAR TO 31 AUGUST 2024 l. Accounting polleles The significant accounting polici¢s used in the PTeparalion of these finan¢i#i slatements are:_ 1.] Basis of aC¢OUllting The tinancial siatemtDt$ are prepared iu accordance with 8pp icable accounting standards and on the b&sis that the charlty ¢an Continue to operate as a going eoneem. The th￿tte8 believe this basis to b¢ appropriate as the music Cent￿ has suificient funds available io finan¢¢ its opcraiions for the forese¢able futvre. The music centre has prepared its fi]]Hn¢ial statements in g¢cordance with the requIren￿nts of th¢ Charitie9 A¢t 2011 and the $tsternent of reconunended practice Accounting and Reporting by Charitie5 (SOP￿ 20051 at oppli¢8ble UK Accounting StaTMl8rd. 12 In¢omin¥ resources All ill¢oming rcsources are included in the SOFA whcn the charity is legally entitled to ttie income alld the amount can b¢ quantified with reasonablc accuracy. nTr¢ following sp¢eifi¢ policie5 arc applied to partieu12r ¢ate8orie8 of income.. I￿¢0￿ing Resources comprise8 PriDCiP8]ly of ￿ltiOn ineom¢ and ¢v¢nt incoine. DonAilon$ ¥nd grants Incoine fiom donations and ￿artt$ ate included in iticoming resources when these are re¢eivable, InteTe5t recelvable ltti¢re¥t is included wh¢n receivable by rh¢ ¢h4rity. 1.3 Resource8 expended r,XPLndiiurc is r¢Gognised a liability is incurred. Contractual arr8n8ements and p¢rfoTnunc¢ related giants are reco8iiised ￿ goods or servic¢s are supplied. 01h￿ gTant paymcnts are recognised when a constructive obligation arig¢s that re$L￿tS in the payment king tstVdvoid8ble. Cost8 of generaiing fi)[￿S ar¢ those COSL8 Incurr￿ in troding activities thai rBisÈ funds, Governance costs include those incurred ui the govemance of the charily a[￿ its assets and are prin￿ri[Y auo¢i4ted with the ¢ortxtitulional gnd stalulory Tequir¢n)ents. .4 FuTrd% Strncture General funds ar¢ unrestrictcd tiind$ which are available for use ar the disereiion of the trustees ii) ￿1th¢r￿n¢¢ of the genernl objectives of the chan.ty and which have noi been de5i8nated for other pu4)05eg. Desi8nat¢d funds bomprise unrc5trict¢d funds that have been set &side by the truste¢s (oi. pArtiLular purposes. The im and use of eacll designad fut￿ is set out ITh the notes lo the financial 5tal¢nxnts. Res',ricted fwids *￿e funds Mthich we to be used in ac¢ord4Lnce with speL'ific restrictions imposed by donors or which have been Taised by the charity for panicular purposes. The cost of raising and adininist¢ring such funds are agaiiist thc specifie ￿1]d. The aim and use of each resiricted fund ig s¢t out in thc notes of the finaicial tktemenl5.

WEST NORFOLK MUSIC CENTRE ChArhy No- 29111M NOTES TO THE FINANCLIL STATEMZNTS FOR Tllf YEAR TOJI AVGusf 2D24 2. Other In￿rne Othir ittwjno is ￿LSe6 oftr¢ foUowiD8.' Ebay SBle& Rock Scjjool 3. D4¢1 E¥erjrtltu￿ for theye Thli Is lltedlltTrtr charslbw, 24 Acwunton¢y 01￿ bth¢¢pu 252 4. Flxtd AIIEII Plwt#d thlTrtry T•tl Cost At I SffjltmbDr 202Y AddiiiOts% i1 th¢ yeor 13.210 13280 DfpTecltlo At I S¢pi¢Tnber2Q23 LJi¥r¥¢ fvr y¢ Al 31 Auyst2024 I2￿97 146 11697 146 et Book Value t 31 Augy812W14 437 437 At I Sept¢mb¢r 2023 J82 582 5. Credltvri 2•24 2023 rrade u¢thtnts A¢¢ixi&ls 712 Iso 6. MovtmeTrtlll fwndj Ai31 Augu 2024 ScptLinikY kn41rr￿ 2023 linc. R¢￿luation Reslrlcled funds.. endowtlle￿l O¢neod fvtsl5 229,054 3.578 229.654 14.956 16,403 (S,D251 TotyI rert¢t¢d fiilldJ 233333 16.403 15.025) 244.610 uhttytr￿ed fuwdi: General 237,107 56.242 174.7151 Fullds 470 339 72.&15 R¢5tdrled FUB Resiiiciedfuttds ieprtseot5(fAof ¢h¢ lThVE6tedcapi￿

WEST NORFOLK MLSIC cE￿TrE Charlty No- 291104 NOTES TO THE FINANCIAL STATEMLYTS FOR THE YLIR TO 31 AUGUST 2024 6. Revilu#tion R￿ErVe 2024 2023 Balance brought forward 9,886 27,193 InCre￿¢1(De¢reaSe) in InVestn￿nI a&sets (17,307) BAlan¢e carried forward 9,886 9,886

Charlty No - 291104 WEST NORFOLK MUSIC CEliTRE TRUSTEES REPORT AND FLNANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 MAPUS-sTrii'fH & LEMMOli LLP CHARTERED AccouNfANTS KIliG'S LYINYI

WEST NORFOLK MUSIC CENTRE Charlty No - 291104 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Colltents Page L¢gal a[￿ admirtl8tr#tive infom￿tiOn Trnst¢¢s report Accountants report Statement of financial activities Balance Sheet Notes io the ac¢ouni$ &8

WEST NORFOLK MUSIC CENTRE Charlty No- 291104 LEGAL AND ADMLNISTJL4TIVE INFOR￿￿TIoN Reglstered Office of Cbarlty 3 The Howards North Wootloth Kings Lynll Norfolk PE30 3RS Reg15tered Charlty Number 291104 Charlty Prlneipal Office 3 The Howards North Woollon Kings l.yn Norfolk PE30 3RS Independent Eythmther MapiLS-Smith & IXMt￿J) LLP 48 King Str¢c¢ King's Lynn orfoik PE30 IHE Ch4lrmnn Atta Joy¢tt¢ tLwis Truiteej Mr Derek Sirin8er Mr Ttsby WinieTingham Mr Paul Dcnnis Mrs B¢airic¢ Bray Mrs Sarah-jane Dix Ms Kim Keaies Irs Tityany Meredith MS Patyicia E7Ja Nl8 Jeiinifer Helcii P&i1ison M5 Jes5icts Sanderson Mr Conrad Mcchan

WEST IYORFOLK iKUSIC CEYfRE TRUSTEES REPORT FOR THE YEAR TO 31 AUGUST 2024 Chrity No- 291104 The trllstees present their re￿rt aiollgwith the fitwi¢iiI stat¢m¢nts of the ¢han"ty for the year en(kd 3l August 2024. Statement of trnstÈe's respon$ibl]Itles Chariiy law requires the trustees to prepar¢ accounts that giv¢ a tw¢ and fair view of th¢ statr of affa￿5 of the charity and of 118 illeomc and expenditure for th¢ financial year. Irt dtiing so, the tsWtC￿ are required to: select suilablo accounlillg rrf)lities and ihen apply Ihern consi5tendy. make judgemenLS al]d estimatr5 thai are reasonable ond pruden( stste wb.eiEer applicabl¢ accouniing s￿[1dardS and staments of recorunended f￿anCIal statements, and Prepare the firtancial s¢at¢ments oth L4c 80ill8 concern b&sis uniess i( is inappropriar¢ ￿ p￿sum¢ tha( the charity wiu continue in operation. The trusiees arE responsible for maintaining proper accouniing Teeords which disclose with reasonable aceiiru¢y at wiy tim¢ ihe flnancial posiiion of the charity and which enable them to eniure that th¢ ac¢ouiits comply witii the Chariti¢8 Act 2011. They are a so I￿pOli91b1t for safe8uardillg the &$sets of ihe charity hnd henee for taking Teasonable Steps for th¢ prevention and detection of fraud and other irrc8ulariti¢$. Le%il $lAtug & or%anliAtIo The charity w&8 found¢d on 6th MthTcb 1985. Th¢ Gov¢rnin8 instruTnents UDd¢r which the Chariry operates is die deed dalttd 24th Scptcmber 1980 amended by supplemental d¢¢d 26th January 1985 and scheme dat¢d 4di O¢tobei' 1988, as Ameiided on 10th Junc 1997 a5 amended on 17th Julie 2019 llnd 3 1st July 2019. The oroani58tion is a r¢Risiered chatitv (ChaTity Number 291104). Oili¢r adiKini8trative dethils are i.¥ shown on pa8e l. Struefur4 goveruance *nd m8nngtm¢nl Th¢ tNsl¢es Jre responiEble for the governao¢¢ of the ¢b8rity and ¢￿U[C that it put5ues the objects for whieh it wa5 foiindcd New tyust¥¢8, being qualified by ¢xperiencr, ore appoiEiled by re¢ommendation of the ¢urrent ¢ru5te¢8, or by proposal ora cli￿¢nI Iruylee entiiled to vote al a meeiing ofthe charily. Objeetlvey and aetlvltlfi of the rhurlty for the publle benefit Tli¢ Tnistee.s haN'e had re¥ard to tl)c c.harity ConuT]iSSiOii S 8uidance on publi¢ benefit and have sought to ensure that all actLVlties undertaken have bccn in line wilh the charity's objectives. The muin objeciiv¢s of the charity ore: To 84Jv&Ace the education Df the publi¢ in the atts scienc¢5 and in porticular the art and seiene¢ of miiyic by the provision of tuition. Achievements and Perfurminee The charity bas continued to impl¢Tnent its policy of COn¢inued bjitioll of music to all age gr￿P5. Fln#n¢lal Revlew, Investment Policy attd Rcserv¢J The ottached d(Kuments den)onstrdte in financial tern￿ the acuvitics of the charity for th¢ p&st year. A$ clln be seen the chariiy ha5 a deficit on un-rextrictcd funds ill the CUTrcnt ￿ar of £18,472 wmpar¢d to £873 su￿[￿￿ in the prior year. Accumulated unrestricted funds carried forward are £218.63512023- £237,107), this level of funds is seen as satisfa¢tory in order for th¢ clwriiy to ¢ontitiue llL¢etitig it5 objectivc5. Oo behalf of ¢he Tru$tee5 Ana Joyette I£wi$

WEST IYORFOLK MUSIC CENTRE Charity No- 291104 INDEPENDEiYf EXAMINER'S REPORT TO THE TRLSTEES OF WEST NORFOLK MLSIC CENTRE I report on the ￿Counts of the Tnjst for the period ended 31 August 2024, which are set out oll pages 5t09. Respective responslbllltlej of trMst¢eJ •nd independenl ex#JDiDer The try￿ttEs ar¢ responsible for the pr¢para¢ion of the accoullts. The Charl￿S tr￿￿tees Consider tbat an udit is not required for this year under seciioo 144(2) of the Charities Act 2011 {the 2011 Act), and that an independait examination is needed. Havillg Satisfied myself that the charity is uot subject to audit ullder company law and is eligible for ind¢p¢nd¢ut examination, it is my r¢5ponsibility lo.. examin¢ the accounts under seerion 145 tlie 2011 ACL . to follow the pro¢edur¢s laid dowi in the G¢n¢ral Direciions given by the Ctwrity Conimission under section 14515)(b) of the 2011 Ael, aud to stal¢ whcthcr particular matt¢ts have come io n)y attention Bails of Independent tXAmlner'g rep(tyrt My eXaMi￿tiOn w&5 carried out iu a¢¢ordgnce with the Genernl Dir¢¢tions given by the Chority Commission. An exatrJii]ation includes a review of the acco1￿11118 records kept by the ¢hui¢y a comparison of the ￿cOU[lts presented with those r¢¢ords. Lt algo includcs consid¢ra¢ion olaDy unusual 1￿mS or dis¢losure$ ii? th¢ a¢¢ounts, and the seeking of explanations from you AS misw wn¢erning any such matters. The procedures undeitsken do nol provide all ¢he ¢vidence that would be required in an audi( and. cons¢qu¢n¢ly, no opii)ion is giv￿1 as to whether the accoui)t8 pregeni a'trne and fair vi¢w' and the report is limited to those maiters set out in the gtat¢rnent below. Indepetsdent ¥xamlnoTS itAtement In connection with my cxamit]ation, no inattcr has come to Iny ttil¢ntion.' (l} which 8ives me reasonable cause to ￿lIeVe that in any inaterial respect the tr￿le¢S hAve not inet tlie requirements to ensure ihat- a) proper accouiiting rccard8 ar¢ kept (in accordan¢e with 8ection 130 of the 2011 Act), Thi b) a¢coullt8 are prepLred which agree with the accowitin8 record¥ and coinply w'ith tho lle¢(>iinting reqiiir¢ments of the 2011 Act. or (2) lo whiciL in my opinion, aiiention should be drawll in order to enablt a proper understanding of the ￿￿O￿nts tu be reache(L apus-smlth & Lejnmon LLP Chartered Accouiitants 48 King Street King5 Lyn Norfolk PE30 IHE

WEST NORFOLK MUSIC CENTRE Charity f40- 291104 STATEMELYT OF pL%￿NCIAL ACTTrITIES ONCLUDING INCOME AND EXPEf4DITURE ACCOUNT) FOR THE YEAR EI¥DED 31 AUGUST 2024 Un- Notes Re8trlcted Fulld$ Restrlcted Funds 2024 Totsl 2023 Total tNCO.MtNC RESOURCES Fees frojy. smdents Surplu$ from refreshnwit sales Donations Hire of Instrun￿nIS WNMC Membership Ftts Conbert donation$ Other trdding &ctiviti¢y Oiher in¢ome Tothl incomwng rawurces 52,329 1,643 141 771 52.329 1,643 141 771 39,549 615 994 4,245 677 1.953 359 48,393 633 633 316 316 55,834 Norfolk Music Hub grant HMRC lax relief Huggins L¢ga¢y Rent Tcbglte Inv¢$kn¢nt income 6,716 394 12,165 409 409 4.433 4.433 56242 16.403 72,645 96,756 peiise.w Tiitori¢il Tffld staff paym¢nis Rei)t Tnsurw¥e Eicp&irs and r¢newals Postaye, ielephone and stationery Other trading activities Accouniancy Sundry expcnses 72,455 72,455 5.025 151 153 103 518 480 709 55,332 3,138 489 221 67 410 252 5,025 153 103 518 480 709 5.0?5 Oiher Costs DepreciAtion 146 146 l94 194 146 Total resources txpeftded 5,025 Net (deflelty8urplus foT the yetr

WEST NORFOLK MUSIC CENTRE Charity No - 303959 BALANCE SHEET AS AT 31 AUGLST 2024 Notes 2024 2023 Flxed A88¢t$ 437 582 Current Assets StoLks D¢btOTS Bank CUTrent accounts Iiivestmellts - Pennanent Elldowrnent Investments . Expendable Endowment Holdin¥ Account Cash in hond 624 695 48,100 205,510 20S,510 13,165 647 473,556 55,268 205,510 205,510 12,165 647 479,794 Current Llabllltles Sundry crediior8 and accr￿&15 862 150 Net Current Assets 472,694 479,644 Tot41 Asscts lejj Current LIAbllltle 473,131 4¥50,225 FUNDS Accumulatlon of restrlcted funds Permanent cttdowm¢nt General funds 229,654 229,654 244,610 233,233 ALcumulatlon of unrestrleted funds General fvnd$ 218 635 237.107 218,63S 237,107 RevAlu4tlon ReserTr'e 9,886 9,886 Totsj ch￿rItY Funds 473,13J 480,22S 25thJune 2025 The accounts were approved by the tr￿Ste¢S on................................. and are signed on their behalf by.. Ana Joyetie Lewis- chairn￿n

WEST NORFOLK MUSIC CENTRE Charlty No- 291104 NOTES TO THE FINAI¥CIAL STATEIIENTS FOR THE YEAR TO 31 AUGUST 2024 l. Accounting polleles The significant accounting polici¢s used in the PTeparalion of these finan¢i#i slatements are:_ 1.] Basis of aC¢OUllting The tinancial siatemtDt$ are prepared iu accordance with 8pp icable accounting standards and on the b&sis that the charlty ¢an Continue to operate as a going eoneem. The th￿tte8 believe this basis to b¢ appropriate as the music Cent￿ has suificient funds available io finan¢¢ its opcraiions for the forese¢able futvre. The music centre has prepared its fi]]Hn¢ial statements in g¢cordance with the requIren￿nts of th¢ Charitie9 A¢t 2011 and the $tsternent of reconunended practice Accounting and Reporting by Charitie5 (SOP￿ 20051 at oppli¢8ble UK Accounting StaTMl8rd. 12 In¢omin¥ resources All ill¢oming rcsources are included in the SOFA whcn the charity is legally entitled to ttie income alld the amount can b¢ quantified with reasonablc accuracy. nTr¢ following sp¢eifi¢ policie5 arc applied to partieu12r ¢ate8orie8 of income.. I￿¢0￿ing Resources comprise8 PriDCiP8]ly of ￿ltiOn ineom¢ and ¢v¢nt incoine. DonAilon$ ¥nd grants Incoine fiom donations and ￿artt$ ate included in iticoming resources when these are re¢eivable, InteTe5t recelvable ltti¢re¥t is included wh¢n receivable by rh¢ ¢h4rity. 1.3 Resource8 expended r,XPLndiiurc is r¢Gognised a liability is incurred. Contractual arr8n8ements and p¢rfoTnunc¢ related giants are reco8iiised ￿ goods or servic¢s are supplied. 01h￿ gTant paymcnts are recognised when a constructive obligation arig¢s that re$L￿tS in the payment king tstVdvoid8ble. Cost8 of generaiing fi)[￿S ar¢ those COSL8 Incurr￿ in troding activities thai rBisÈ funds, Governance costs include those incurred ui the govemance of the charily a[￿ its assets and are prin￿ri[Y auo¢i4ted with the ¢ortxtitulional gnd stalulory Tequir¢n)ents. .4 FuTrd% Strncture General funds ar¢ unrestrictcd tiind$ which are available for use ar the disereiion of the trustees ii) ￿1th¢r￿n¢¢ of the genernl objectives of the chan.ty and which have noi been de5i8nated for other pu4)05eg. Desi8nat¢d funds bomprise unrc5trict¢d funds that have been set &side by the truste¢s (oi. pArtiLular purposes. The im and use of eacll designad fut￿ is set out ITh the notes lo the financial 5tal¢nxnts. Res',ricted fwids *￿e funds Mthich we to be used in ac¢ord4Lnce with speL'ific restrictions imposed by donors or which have been Taised by the charity for panicular purposes. The cost of raising and adininist¢ring such funds are agaiiist thc specifie ￿1]d. The aim and use of each resiricted fund ig s¢t out in thc notes of the finaicial tktemenl5.

WEST NORFOLK MUSIC CENTRE ChArhy No- 29111M NOTES TO THE FINANCLIL STATEMZNTS FOR Tllf YEAR TOJI AVGusf 2D24 2. Other In￿rne Othir ittwjno is ￿LSe6 oftr¢ foUowiD8.' Ebay SBle& Rock Scjjool 3. D4¢1 E¥erjrtltu￿ for theye Thli Is lltedlltTrtr charslbw, 24 Acwunton¢y 01￿ bth¢¢pu 252 4. Flxtd AIIEII Plwt#d thlTrtry T•tl Cost At I SffjltmbDr 202Y AddiiiOts% i1 th¢ yeor 13.210 13280 DfpTecltlo At I S¢pi¢Tnber2Q23 LJi¥r¥¢ fvr y¢ Al 31 Auyst2024 I2￿97 146 11697 146 et Book Value t 31 Augy812W14 437 437 At I Sept¢mb¢r 2023 J82 582 5. Credltvri 2•24 2023 rrade u¢thtnts A¢¢ixi&ls 712 Iso 6. MovtmeTrtlll fwndj Ai31 Augu 2024 ScptLinikY kn41rr￿ 2023 linc. R¢￿luation Reslrlcled funds.. endowtlle￿l O¢neod fvtsl5 229,054 3.578 229.654 14.956 16,403 (S,D251 TotyI rert¢t¢d fiilldJ 233333 16.403 15.025) 244.610 uhttytr￿ed fuwdi: General 237,107 56.242 174.7151 Fullds 470 339 72.&15 R¢5tdrled FUB Resiiiciedfuttds ieprtseot5(fAof ¢h¢ lThVE6tedcapi￿

WEST NORFOLK MLSIC cE￿TrE Charlty No- 291104 NOTES TO THE FINANCIAL STATEMLYTS FOR THE YLIR TO 31 AUGUST 2024 6. Revilu#tion R￿ErVe 2024 2023 Balance brought forward 9,886 27,193 InCre￿¢1(De¢reaSe) in InVestn￿nI a&sets (17,307) BAlan¢e carried forward 9,886 9,886