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2024-03-31-accounts

Annual Report

&

Financial Accounts 2023-24

Wiltshire Rural Music

113 Gloucester Road, Trowbridge, Wiltshire, BA14 0AE

www.wiltshireruralmusic.co.uk

www.facebook.com/wiltsruralmusic www.instagram.com/wiltsruralmusic

Registered Charity No : 309496

Registered Company in England & Wales No : 835252

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Contents

Page

  1. History of Wiltshire Rural Music

  2. Mission and Objectives

  3. Our Values

  4. Overview of our activities

  5. The Team and our Hub

  6. Fundraising and Partners

  7. Chairman’s Report

  8. Financial Report

History of Wiltshire Rural Music

Wiltshire Rural Music is an independent charity set up in 1933 to provide music (singing and instrumental) lessons to school children in Wiltshire and lead music/choral performances in rural communities in an age when far more people played and sang. The educational element changed in 1979 when the Local Education Authority formally took responsibility for school music.

Now, Wiltshire Rural Music brings the joy of professional live music performances and music making to isolated/marginalised communities (both as a result of rural isolation and societal isolation) and to people on low incomes across Wiltshire.

We want to ensure that live music of all kinds, but especially classical and acoustic, continues to be learnt and heard in a modern world where even whistling is hardly heard. Ear-buds can provide continuous streamed music – but take away the shared community provided by live performance.

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Our Mission and Objectives

We believe everyone in Wiltshire should have the opportunity to discover, explore and engage with music-making. We provide music for all stages of life - from the early years to retirement, and everything in between. Through our rural outreach programmes, ( Keep Music In Mind, Musical Lunch Club, Rural Recitals), we will enable Wiltshire’s remote and isolated communities to access participatory music-making opportunities on their doorstep, offering them a social outlet when they

need it most. We will support and encourage people of all ages to progress their musical learning through our Bursaries and Awards programmes. From our building, we will provide an inspiring space for our local community in Trowbridge, where music can be made, appreciated and celebrated.

Our Values

Overview of our activities

Hear Our Song – November 2023

Funded with thanks by the Walter Guinness Charitable Trust. Hear Our Song was a song writing workshop for 6-10 year olds, lead by local songwriter Felicity Courage and in partnership with Voices For Life - a children’s singing workshop charity based in Bath and Trowbridge. The children, from Christchurch School and the Home Education Community, attended sessions whereby they learnt the basics of songwriting, including phrasing and rhyming. In total, 64 under 10s took part in the workshops and the project culminated in a live

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performance of their fantastic compositions at Wiltshire Music Centre in front of 200 people, accompanied by a live band. The songs written can be heard here: https://wiltshireruralmusic.bandcamp.com/album/hear-our-song

Keep Music in Mind – Ongoing

An ongoing project whereby WRM sends professional musicians into Care Homes and Memory Cafes throughout Wiltshire, providing live music to enrich and inspire those who attend. Music has been proven to unlock memories and boost wellbeing in Alzheimer’s patients and the results speak for themselves. A sleepy care home lounge is transformed into tapping toes and broad grins once the music starts. Keep Music in Mind has brought violinists, singers, clarinettists and piano players into homes and cafes on occasions per year, bringing smiles to an average of 15 people every time. In a 12 month period we have visited care homes and memory cafes in Trowbridge, Bradford on Avon, Chippenham, Warminster, Swindon and Downton.

Musical Lunch Club – Fortnightly

Funded with thanks by Wiltshire Community Foundation, the Musical Lunch Clubs run from February 2024 – February 2026. Based at our Gloucester Road hub, we welcome over 65s from the local community for an hour of singalongs, musical memory games and live performance, followed by a simple lunch. The aim is to target those craving social interaction, providing them with a reason to leave the house and the opportunity to make friends whilst enjoying music from professional artists.

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Tune@Noon - monthly

On the 2[nd] Wednesday of the month we open our doors to the local music lovers for our monthly Tune@Noon – an hour’s concert for £5, which includes unlimited coffee and cake. We have enjoyed sets from violinist Sue Lord, cellist Kate Robey, Doves Peace Choir and Drum Together. Our audiences have grown since covid dissipated as we now expect 35-40 through the door every month, bringing an average of £120 back into the charity’s pockets.

Liz Lawrence Award

An annual invite for applications from young musicians heading off to study music at further education. The Liz Lawrence Award is a £1,000 prize for one 17-18 year old who has shown skill and promise in their musical discipline. After an informal audition, the winner is presented with a cheque as well as the opportunity to curate their \7 Ls a own winner’s concert the following summer. The concerts are a showcase of their talent as well as the chance to collaborate with musical friends and colleagues in a one off performance celebrating THEM, all with the support of WRM. Previous winners have played at Longleat House, Edington Priory and Wiltshire Music Centre. The 2023 winner is jazz pianist Thomas Sladden from Malemesbury who’s concert is in July at Wiltshire Music Centre.

Instrument Hire

We have a huge range of classical and acoustic instruments available for hire in varying sizes. We offer these instruments on a daily or quarterly basis for more permanent learners, particularly giving younger learners the opportunity to try out an instrument, alleviating the expense of buying an instrument for just a trial period. We supported 6 adults and 23 young students over the course of the year with this service. ABRSM runs their termly exams from our centre too, with a team of volunteers, appointed by WRM, stewarding for a period of 3/4 days. We welcome, no average, 50 students per session over three terms of the year. So that’s 150 nervous candidates who are welcomed by our kind stewards on the day of their exam.

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Bursaries

Wiltshire Rural Music provides bursaries and financial assistance for musical families who may need help with music tuition and related expenses. This is available to all children and adults residing in Wiltshire. Funding meetings take place on a termly basis and students are assessed regularly to keep WRM in the loop with their learning and progress.

Age Ranges No of
bursaries
awarded
6 - 8 Years 3
9 - 11 Years 5
12 - 14 Years 7
15 - 18 Years 2
18 Years + 1

The Team

Trustees: -

Peggy Snell - Chairman
Graham Coatman - Vice Chairman
Sheila Parker - Treasurer
Amanda Bayley -
Doug Benson - Bursaries
Emma Davies -
Ian Thorn - Wiltshire Council Representative
Lorna Watchman -
Phil Springate - Bursaries, Liz Lawrence Award
Trevor Carbin -
Vernon Hitchman - Health & Safety

Staff (Part-time): -

Daisy Chapman Rachael Holtom Sue Dawson

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Members: -

129 Members (52 Paid up members)

Our Hub

113 Gloucester Road in Trowbridge is a vibrant and busy venue, where ensembles rehearse, individuals teach and practice and young people learn. As well as our WRM ensembles (Saturday Orchestra, Ebonite Clarinet Choir, String-A-long, Singing Mamas, String Ensemble), the venue is also home to our monthly Tune@Noon events, at which local musicians perform an hour-long concert to WRM members and the general public. Our hub is also often hired by external groups such as, the Associated Board of Royal Schools of Music for the Trowbridge area exam hub (3 times per year), Wiltshire Young Musicians for their weekly Trowbridge Junior String group, Doves singing choir, a flute choir, plus individuals for private hire.

Breakdown of Members / Activity Participation

2023/24 Average
Attendees		 Sessions Total
Reach		 Additional Notes
Keep Music in Mind 15 27 405
Bursaries:
Under 18 Years		 17 - 17
Bursaries:
18 Years +		 1 - 1
Instrument Hire 29 - 29
Adult Music
Ensembles, and Choirs		 64 119 7,616
Music Groups
(under 18 Yrs)		 15 45 675 Little Piccolos +
Trow Junior Strings
Liz Lawrence
Award/Concert		 50 1 50
Musical Lunch Club 18 4 72 32 attendees on the
register who have all
returned at least once.
ABRSM Exams 50 3 150
Fundraiser Concert 90 1 90

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Publicity & Social Media

As well as our Newsletter that goes out to registered members three times a year (Summer, Winter and Easter), our social media following has continued to grow. Facebook may be on slow-down, but it’s worth noting that the mid to older generations still really turn to it for information in the community. Thanks to reaching out to FB groups in Trowbridge and surrounding areas, we have really seen a huge growth in our Tune@Noon audiences, particularly from neighbouring streets. Instagram has allowed us to reach younger groups using reels and short videos - this has particularly worked for the newest Singing Mamas choir. Trowbridge’s local newspaper ‘Celebrate’ has also given us a great deal of column inches to shout about what we do which has been a huge help. And our local radio (BBC Wiltshire and West Wilts Radio) have been very supportive in spreading the word on our events.

Fundraising

This has been a critical year for Wiltshire Rural Music, as we strived to recover from the £20,000 deficit from 2023-4. This deficit was due to a variety of reasons: the lingering effect of the Covid era; staff changes resulting in hiatus in funding applications and ticketed events; the 2022 economic crisis’ impact on investments; the cost of living crisis - combined with an increase in activity as ‘we got back to normal’. We have weathered the storm and are now in a stronger position, having halved that deficit. Our fundraising strategy has involved the following:

Applications to Trusts and Foundations

In April 2023 Wiltshire Rural Music hired a new freelance Fundraising Consultant, Rachael Holtom, who was contracted to work 3 days a month for 11 months of the year. Thirty-nine applications to trusts and foundations were made in the financial year 2023-4. Eight of these were successful, and six payments totalling £15,226 were received by the end of March 2024. They are listed below.

We would like to thank the following:

Trust
Walter Guinness Charitable Trust
-
The Golsoncott Foundation
-
Wiltshire Community Foundation, Older People’s Fund -
Chippenham Town Council
-
Trowbridge Area Board
-		 Project
Amount
Hear Our Song project
£1,000
Young Persons’ Bursaries
£500
Musical Lunch Club
£9,576
Keep Music In Mind
£1,500
Projector, air pot for hot water,
a coffee hot plate/jug,
and 7 tables
£500		 Amount

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We are very pleased to receive notification of grants from Music For All (Bursaries) and The Ammco Trust (Keep Music In Mind) which were received early in April 2024. We would like to thank the following organisations for their continued vital support of the charity.

Fundraiser Concert

At the end of 2023 it was decided that we could run an event that would really shout about who we are, and what we do. With a never ending list of musicians and artists at our disposal, it seemed like a musical concert in Trowbridge would provide the perfect celebration. The beautiful Emmanuel’s Yard was offered to us at a discounted rate, and we filled the room with acts from the county, including Trowbridge & District Youth Band, Ebonite Clarinet Ensemble,

Doves Peace Choir and Daisy Chapman. Over two hours, we welcomed just under 100 people through the door, who enjoyed drinks from the local gin distillery, Still Sisters, and brewery Kettlesmiths. We raised over £800 in profit and not only did it line our pockets, but it also provided a stage for us to sing about what we do, and advertise our wonderful ensembles and services. People are still talking about the evening, it was a huge success.

WRM 100 Club

This initiative raised £1,015.00 towards the charity’s core costs over the year. Thank you to all who take part.

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Chairman's Re ort- Peggy Snell Where to begin? I think the years are getting shorter as they seem to come around a lot quicker. This last year has had its ups and downs. Last September we said goodbye to Kirsten our Creative Director as she decided to return to Cornwall to pursue her career, we were sorry to see her go. This left us with a dilemma however having spoken with Daisy, our Press Officer who had been working closely with Kirsten on projects, Daisy agreed to take up the challenge temporarily and is now doing both jobs, and I would like to say Daisy is doing very well so a very big thank you. Following last years AGM we were given a brilliant display by Timur, a young musician from St. Augustine's School who played piano with music and from memory a number of pieces what an inspiration, we also received a cheque from St Augustine's School presented by Richard O'mahony (Head of Music). Tune at noon continues to thrive with the continued support of musicians who travel from all over the county to the hub to perform. MII 14JIIA We are so grateful to all the musicians who support us - Beckford Strings, Kistina Takashina, David Knowles and Karen Goddard, Peter French, Bissboro Wind Trio, Doves Peace Choir, Claire King, David Knowles, Faith Hutton, Sian Dicker and Krystsl Tunnicliffe, Sue Lord, Charlotte Dunling, Emma Davies - without you there would be no music. Ludmila has given us a couple of brilliant concerts at the hub which were well attended as usual. We thank her and her fellow musicians for their continued support. What a delight it was to have our Ebonite Clarinet Ensemble perform at the Trowbridge Weaver's Market a flagship monthly event visited by the whole community. It was a pleasure to provide musicians for the market. At the September meeting it was agreed that Graham Coatman would be Vice Chairman and we would share the work between us, a very big thank you Graham for your help. There have been new projects throughout the year with Charlotte Sloane-Hill's String-a-long concert at Trowbridge Town Hall, in which a few young pupils were given the opportunity to perform to a live audience. Hear Our Song was another new project, approximately 250 local children wrote their song in partnership with Voices For Life and put together by Felicity Courage, the children enjoyed the challenge and who knows one or two may in later life be song writers we all recognise. Keep Music in Mind has travelled all over the county delivering music to care homes and other groups, and spreading the word thanks to the musicians who support us and provide enjoyable music to those listening and some of the audience occasionally joining in if they can. 10

The Liz Lawrence Award Concert was given by Gabriel Longbotham, 2022 winner, accompanied by Madeleine his sister at The Cause Chippenham was a great succe55 Wlth music played on the Organ, Piano, Guitar and Flute what a great evening, it was lovely to see Mary Teed who sponsors the award each year also enjoying it. The 2023 winner, pianist Thomas Sladden, will perform at Wiltshire Music Centre in July 2024. We haven't had any success in finding someone to take on the position of President or Treasurer, all our attempts to fill both positions have drawn a blank but we will continue to search and if anyone out there has any suggestions l am happy to follow them up. Funding of WRM is of vital importance. without it we would not be able to continue. Thanks to Rachael who has worked her socks off to get funding from places you would not believe. We are now getting a gradual flow of funds. Last year, with Rachael's help, the trustees had a meeting with David Dawson who put forward a number of valid suggestions to help us in the future. I would like to finish this report with grateful thanks to Sue who does a tremendous job of keeping everything ticking over day to day. to Daisy for taking on two jobs, to Rachael for her fundraising, to Graham for his help as Vice Chair, our Trustees for their continued support and to all our Volunteers for what you do to help. So until next year, enjoy whatever music you like to listen to and smi le. Peggy BUSINESS PLANNING Full details of our financial position can be found in our annual accounts, where it can be seen that we continue to operate at a loss. For that reason, the board continues to concentrate our efforts on our core funttion, that of assisting young people in their musical education and reaching new communities Wiltshire wide. To that end, the Board continues to support the statement from previous reports that we would: Protect and safeguard the assets of our charity against unforeseen emergency Protect against unforeseen day-to-day operational costs Protect our Bursaries and Awards which give financial support to the people of Wiltshire STATEMENT OF RESPONSIBILITIES OF THE BOARD Company law requires the Board to prepare financial statements for each fi'nancial year, which give a true and fair view of the affairs of the Company and of the profit and loss for that period. In preparing these financial statements. the Council is required to: l. Select suitable accounting policies and then apply them consistently 2. Make judgements that are reasonable and prudent 11

  1. Prepare the financial statements on a "going concern" basis, unless it is inappropriate to presume that the company will continue in business The Board is responsible for keeping proper accounting records that disclose at any time, with reasonable accuracy, the financial position of the Company and enable it to ensure that the financial statements comply with the Companies Art, 1985. It is also responsible for safeguarding the assets of the Company and, hence, for taking reasonable step5 for the prevention and detection of fraud and other irregularities. REVIEW OF BUSINESS A summary of the results for the period is given in the accounts. The Board considers the state of the Company's affairs to be concerning with professional advice now being sought. The operating deficit for the year amounted to-£3,057. FIXED ASSETS Movements in fixed assets are shown in the accounts. The freehold shown of the Balance Sheet is 113, Gloucester Road, Trowbridge, and is stated at cost. This property had, at the end of the year, a market value of approximately £275,000 (valued in 2015), although this does not reflect recent changes in the property market. AUDITORS The Company has not appointed an auditor as provided under Section 294A CA 1985, but R.E.Froud & Associates have carried out an independent examination. A current and a Treasurer's Account are held at Lloyd's Bank, 64, Fore Street Trowbridge. A further Deposit account, together with the accounts of the Wilts Rural Music School and the restricted account of the Liz Lawrence Award Fund are held with COIF Charity Funds, l Angel Lane, London, EC4R 3AB SMALL COMPANY RULES In preparing this report. the Board has tsken advantage of the special exemptions applicable to small companies. BY ORDER OF THE BOARD Dated:... /O... 'Mrs Peggrf Snell (Cha 12

Co. Reg. No: Charity no: 00835252 309496 WILTSHIRE RURAL MUSIC SCHOOL LIMITED (The company is limited by guarantee without share capital) 113 Gloucester Road Trowbridge Wiltshire BA14 OAE UNAUDITED FINANCIAL STATEMENTS 31st March 2024 R. E. Froud & Associates Ltd Chartered Management Accountants 61 Robins Lane Frome Somerset BA113ET

WILTSHIRE RURAL MUSIC SCHOOL LIMITED The company is limited by guarantee without share capital Chaimian P Snell Treasurer S G Parker Board membersrrrustees A Bayley D Benson T W Carbin G Coatman E Davies V Hitchman P Springate A Stonham- resigned 13 July 2023 C Teal - resigned 18 September 2023 l Thorn L Watchman Administrator S W Dawson Reglstered Office 113 GIOU￿ster Road Trowbridge Wiltshire BA14 OAE Bankers Lloyds TSB 64 Fore Street Trowbridge Wiltshire BA14 8EU Examlner R. E. Froud & Associates Ltd 61 Robins Lane Frome Somenset BA113ET Registered Number 00835252 Registored Charity Number 309496 Page 1

WILTS RUR MUS We are extremely graleful for the following donationsffinanclal support recelved during the Year 2023124. A Plowright ABRSM volunteer stewards (Claire King, Sue Martin. Tr8vor Carbin, Helen Cash, Jennrfer Adams. Christine Champeny, Sue Dawson) Alison Hicks Audience at st Augusts'ne's Coronats'on Concert Barchester Ltd Bradford on Avon Dementia Action Alliance B Tarlton Chippenham Day Centre Chippenham Town Council Dementia Friendly, Bradford on Avon Elmfield Care Ltd Golsoncott Foundation Haydon Wick Memory Cafe Luke Brichard-Parsons Lyn Keen John Ryan Mill Street Club Pat Kenwrick Peggy Snell Racheal Holtom Richard & Celia Young Sarah Dicker Staverton House Residential Home String-a-long group Sue Daniels Voices for Llfe W & B Thomson Walter Guinness Charitable Trust Wiltshire Community Foundation Warminster Community Choir All donations received from audiences attending Ludmila Bezpaftchaya and friends concerts. which go directly into the Young Persons, Bursary budget to help support musicians under 18 with their lesson costs. To all our wonderful Tun8@noon musicians'.- Kate Robey, John & Abigail Wise, Beckford Strings. Bath Spa Trio. Kristina Takashina. David Knowles. Peter French. Bissboro Flute Trio, Doves Choir, Sian Dicker, Sue Lord Claire King who gave up their time to provide a little lunchb'me restbite whilst raising a few pounds towards the charity's core costs. Special thanks to Daisy Chapman for organising and perfonning in the March Fundraising concert. along with all the other performers (Trowbridge & District Youth Brass band. Ebonite Clarinet Choir, Doves Peace Choir and Sue Lord) who gave up their time to help raise funds for the charity, as well as the volunteers who provided support on the night, and especially the amazing audience who attended. A big thank you to the volunteers who help at the bi weekly Musical Lunch Club (Alison, Cath. Rachael and Claire) for your time in providing the participants a socially wam) and engaging atmosphere to enjoy. All anonymous donations received, donations received from purchases made through Easyfundraising and all participants of the '100 Club. campabJn. Thank you all Tax will be recovered on all donations for which a Gift Aid Fomi has been completed.

WILTSHIRE RURAL MUSIC SCHOOL LIMITED The company is limited by guarantee vrithout share capital ACCOUNTANTS REPORT T THE DIRECTORS ON THE UNAUDITED FINANCIAL TATEMENTS OF WILTSHIRE RURAL MUSIC SCHOOL LIMITED I report on the financial statements for the yèar ended 31 March 2024. vthich comprise the statement of financial activities (induding income and exp8nditure account). statement of financial posits"on. and the related notes. Respective responsibilities of trustees and examiner The trustees (vtho are also the directors of the company for the purposes of company law) ar8 responsible for the preparats'on of the financial statements. Th8 trustees consider that an audit is not ￿qUired for this year under section 144(2) of the Charities Act 2011 and that an irKlependent examination is needed. l am qualified to undertake the examination by being a qualffied member of the Chartered Insttiut8 of Management Accountants (CIMA). Having satisfied myself that the charity is not subJ'8¢t to audit under company law and is eligible for independent examination. It is my responsibility to.. examine the accounts under section 145 of the 2011 A¢ to follow the procedures taid dwi i￿th￿general direCti￿S given by Ihe Chartty Commission under section 145{5){b) of the 2011 Act,. and to state whether particular matters have rA>me to my attention. Bas1$ of independent •xaminorfs report My 8xaminats.on was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the chanty and a comparison of th8 accounts presented with those records. It also includes consideratson of any unusual items or disdosures in the accounts, and seeking 8xplanats.ons from you as trustees conceming any suth matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to vthether tha accounts present a 'true and fair vio%V and tha report 18 limited to thoso Matters set out in the next statem8nt. Independent examlnefs ststemenl In connection with my examination, no matter has come to my attents'on.. (1) which gives me reasonable cause to believe that in any material respect the requirem8nt$". to keep accounting records in accordanc8 Wrth section 386 of the Companies Act 20(￿, and to prepare accounts which accord with the accounb'ng rewds, comply the accounting reqU1￿MentS of sects'on 396 of the Companies Aci 20[￿ and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charibes have not been met., or (21 to vthich, in my opinion, attention should be drdvm in order to enable a proper understanding of the accounts to be reached. Natalie d Bmus MA ACMA CGMA FFA FIPA FISM. Independent Examiner on behalf of R. E. Froud & Associates Ltd 61 Robins Lanè Frome Somerset 8A113ET Date'.- 21_s-&l+ Page 3

WILTSHIRE RURAL MUSIC SCHOOL LIMITED The company is limiled by guarantee without share capital STATEMENT OF FINANCIAL ACTiwllES FOR THE YEAR ENDED 31 MARCH 2024 INCOME AND EXPENDITURE 2024 2023 Total funds Unrestricted funds Deisgnat&J funds Restricted funds Total funds Income Donations and grants Charitable activities other trading activities Other income Note 14.361 2.210 19 17,666 5,692 15,007 9.840 2,937 11,380 12,419 8.760 35,495 3.482 14,988 Total in¢ome 31,615 16,589 48,204 Expendituro Expenditure on charitable activities Expenditures on other activilies Total expondlturo (40,6951 f12,è75) (53,6701 (54,1951 140.6951 (12.975) 153.670) 154,1951 Net gainsllloss8s) on investments Gains and losses on revaluation of fixed assets for the charity's own use 2,409 {2,6791 260,871 Movement in funds (9,080) 2,409 3,614 13,057) 239,492 Transfers between funds (28,433) 25,333 3,100 Net movèment In funds (37.5131 27,742 6,714 13,057) 239,492 Reconclllatlon of funds Total funds brought forward 312,804 275,291 23,593 51,335 12,482 19,197 348,879 345,823 109.387 348,879 Total funds carried fonvard The Statement of Financial Activities includes all gains and h)sses in the year and Iherefore a ststemént of totsl re¢ognised gains and lossés has not baen prepared. All of the above amounts relate to continuirKJ activities. Page 4

WILTSHIRE RURAL MUSIC SCHOOL LIMITED The company is limited by guarantee wtlhout share capita5 STATEMENT OF FINANCIAL POSITION AS AT 31 ST MARCH 2024 Notes 2024 2023 FIXED ASSETS Tangible Assets Investmenls (at Market Value) COIF Fund.. 192.98 units M & G Charifund: 1708 units 275,144 275.160 26,465 24.870 23,593 25,333 51.335 48,926 326,478 324.085 CURRENT ASSETS Cash at bank and in hand COIF Deposit Fund COIF DeFK)Sit Liz Lawrence Fund Other debtors Trade Debtors 18,214 403 141 4,908 19,985 122 53 162 722 19.479 25,231 CREDITORS.. Amounts falling due wtthin one year 10 135 436 NET CURRENT ASSETS 19,344 24.794 NET ASSETS 345,823 348,879 FUNDS OF THE CHARITY Restricted funds Designated funds Unrestricted funds Revaluation resenie 19,197 51.335 14,420 260,871 12,482 23,593 312.804 11 TOTAL CHARITY FUNDS 345,823 348,879 For the year ended 31 March 2024 the charity was entitled to exemption from audrt under section 477 of the Companies Act 2006 relating to small companies. Trustees, responsibilities.. The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476" and The trustees acknowledge their responsibilities for compl5fj.ng with the requirements of the Act with respect to accounting recprds and the preparation of accounts. These financial statements vrfere approved by the members of the committee and authorised for issue on the .101114 2Q.*lk..and ar8 signed on their behalf by: P£nell Company registratioh number. 00835252 Page 5

WILTSHIRE RURAL MUSIC SCHOOL LIMITED The cornpany is limited by guarantee without share capital FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 T MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 1. ACCOUNTING POLICIES Basls of accountlng These financi81 statements have been prepared in compliance with FRS 102. The Financial Reporting Standard applicable in the UK and the Republic of Ireland., the Stslement of Recommended Practice applicable lo charities preparing their accounts in accordance the Financial Reporting Standard applicabl8 in the UK and Republic of I￿land IFRS 1021 (Charities SORP (FRS 102)) and the Chafities Act 2011. Incomlng resources Grant income is recogni8ed in the period specified by the donor. Olher grants and donations received are recognised as voluntary income. HI￿ and renlal income is recognis&l once it becomes receivable. Income from ￿)rkShOpS. concerts, music projects and any other fo￿ of income is recogni5ed at time of receipt. Resources expended Resources exp8nded are recognised in the period they aro incurred and include any atributable VAT thich cannot be recovered. Flxed A880ts All fixed assets are Inltially rewded at cosL Assets costing less than £250 are charged lo re$our¢e8 9xpended in the year they are purchased. Depreclallon Depreciation is calculated so as to V•Tite off the cost of an asseL less Its estimated resldual valu8, over th8 useful economic life of Ihal asset as follov•S'. Musical Instruments Office Equipment 10 years straight lin8 - 10% reducing balance Ff68hold property is nol depreciated. Depre¢ialion of assets commences once the asset is installed and r@ady to use. Funds Unrestricted funds are available for use al thg discretion of the trustees to further any of tha charity's purposes. Designated funds are unreslricled funds earmarked by th6 truslea$ for particular future project or commitment. Rèstricted funds are Subjected lo restriclions on their expendibjre dectared by the donor or through thé tèmis of an appeal, and fall into one of Su￿laSses. restricted incorne funds or endoyrnent funds. Transfer belween funds have been due to fund matching and correction to previous year ba18nce for the Liz Lawrence award. Investm8nts Unlisted equity investments are initially recroded at cost. and subsequenuy measure al fair value. If fair valuè cannot be reliably measured, assets are measured at cost less impaimenL Listed inveslmenls a￿ measured at fair value V4ith changes in fair value being re¢ognised in income or expenditure. Cash Flow Statsment The company has opted not to prepare 8 Cash Flow Stslement for the period. 2. LIMITED BY GUARANTEE The company is limited by guarantee not having a share capilal. Every member of Ihe rxjmpany undertakes to contrtbute such amounts as may ba required {not exceeding £1) to the assets of the company if it should be V*ound up while he is a member or wthin one year after he ceases to be 2 member. for payments of the company's debts and liabilities contracted before he ceases to be a member, and of the costs. charges and expenses of smnding up. and for adjustment of the rights of the contributories among themselves. Pagg 6

WILTSHIRE RURAL MUSIC SCHOOL LIMITED The company is limtted by guarantee wthout share capitsl FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31ST MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS - cont'd 3. DONATIONS AND GRANT¢ 2024 Restrided funds 2023 Total funds Unrestrided funds DeS￿nated funds Total funds Donations General donations Liz Lawrence donatron Grants Grantslmatch funding Haine and Smith Opticians 3.305 3,305 1,856 1.081 14.226 135 14.226 135 4. CHARITABLE ACTIVITIES 2024 Restrl¢ted funds 2023 Total funds Unrestricted funds Designated funds Total funds General Fundraising Fundraising for Young Persons Bursaries Music Projects 3.482 3.482 3.338 383 7.659 1,426 1,426 5. OTHER TRADING ACTIVIT 2024 Restricted funds 2023 Total funds Unrestricted funds Designated funds Total fund8 Ensembles and v￿rkshopS Room hire Instrument hire Income from investments Other incorne 5.183 3,714 3,581 1,911 600 5,183 3,714 3.581 1,929 600 3,829 3,070 3,081 1.821 617 19 19 6. OTHER INCOME 2024 Restricted funds 2023 Tolal funds Unrestricted funds Designated funds Total funds Rental income 9,840 9.840 8,760 7. STAFF COSTS AND EMOLUMEKrs Total staff costs were as foll0v￿. 2024 2023 Wages and salaries Subcontractors Employers Nl Pension costs Staff training 12,663 13,848 333 190 11,559 15,376 353 160 23 27,470 27,033 Particulars of employees: The average number of employees during the year. was as follows: 2024 No. 2023 Management and administration staff Page 7

WILTSHIRE RURAL MUSIC SCHOOL LIMITED The company is lirnited by guarantee ￿lthOUt share caoit& NANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 NOTES TO THE FINANCIAL STATEMEKfs- ¢onfd FIXED ASSETS Freehold rropety Musical Instruments Equipment Totsl ai 1 Apftl 2023 4ddition$ Revaluation As at 31 March 2024 1.901 9,833 286,TJ4 275,C 1.901 9,833 286.734 DEPRECiATION As at 1 April 2023 Charge for the vear A5 at 31 March 2024 1.741 16 9.833 11.574 1P 11.590 9.833 NET BOOK VALUE As at 31 March 2024 275.000 144 275.144 at 31 March 2023 275.000 160 276,160 The Freehold prop8rty at 113 Gloucestsr Road is slated at cosL A valuats'on has not been obtalned In the year to 31st March 2024 9. INVESTMENTS Movement In market value 2024 2023 Marfcet Value at 1 Apr COIF Fund M&G Ch81ifLmd 23.593 25,333 44,623 26.981 M8rket Value at 31 Marcri COSF Fund M&G Chaiifund 26,465 24.870 23,593 25,333 10. CREDITORS: Amounts falling duo wlthln ono y•ar 2024 2023 Other Credltors Deferred income 135 436 135 436 11. Analysls of charftable funds At 1 Aprll 2023 At31 March 2024 14.420 Income Expenditure Transfers Unre8tiicted funds 51.933 31.615 (40.695) (28,433) Deslgnated ftmds M&G Fund Jean Horsfall {4631 25.333 24,870 26,465 51.335 23,593 23.593 2.872 2.872 (463) 25.333 Restrtcted funds Young Persons Bursary Visible Voices Keep Music in MrTh Hear Our Song Musical Lunch Club Adult Bursary Premises Improvemenl Liz Lawrence 3.782 2,934 {2.512) 6.203 1445) 100 8.134 (5.881) (2.871 } {1,211} (5001 2.426 9.576 8.365 500 135 141 19,197 135 19 16,589 122 (12.975) 3.100 Revaluation reserve 260.871 260.871 Tota funds 348.879 51.076 54,133 345,823 Pagg 8

WILTSHIRE RURAL MUSIC SCHOOL LIMITED The company is limited by guarantee Iwthout share capital STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2024 DETAILED INCOME AND EXPENDITURE AccOu￿r 2024 2023 INCOME Grants- other Donations Special Events Fundraising Ensembles and workshops Room Hire Music Projects Incom8 From Investments Instrument Hire Other income Rent Received 2.285 3.305 1.280 2.985 5.183 2,937 1,249 2.472 3.829 I I 3.714 13.502 1.929 3.581 600 9.840 3,070 7,659 1.821 3,081 617 8,760 48,204 35,495 EXPENDITURE staff costs Community pot Bursaries Ensembles and workshops Music projects Instruments Special Events Publicity Premises Running Costs Management and administration 27,033 373 3.012 2.666 9.963 744 27.470 340 5,327 1,744 7,955 1,124 248 456 5,266 4,266 615 6.005 2.874 53,670 54,195 Net gainsl(losses) on investments 2.409 (2.679) OPERATING SURPLUSI(DEFicrr) FOR THE YEAR 3,057 21,379 Pagg 9