2025-10-31-accounts - Music In Country Churches

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REGISTERED CHARITY NUMBER: 801073

Trustees' Report and

Financial Statements for the year ended 31 October 2025

for

Music in Country Churches

Stephenson Smart (East Anglia) Limited Chartered Accountants & Statutory Auditors 22-26 King Street King's Lynn Norfolk PE30 1HJ

Music in Country Churches

Contents of the Financial Statements for the year ended 31 October 2025

	Page
Reference and Administrative Details	1
Trustees' Report	2 to 3
Report of the Independent Auditors	4 to 6
Statement of Financial Activities	7
Statement of Financial Position	8
Statement of Cash Flows	9
Notes to the Statement of Cash Flows	10
Notes to the Financial Statements	11 to 19
Detailed Statement of Financial Activities	20 to 21

Music in Country Churches

Reference and Administrative Details for the year ended 31 October 2025

Patron	His Majesty The King
Trustees	Mr Matthew Rice (Chairman)
	Mr Robert Abel Smith
	Mr Nigel Savory
	Sir John Parsons KCVO
	Mrs Anna Stanton (appointed 17.12.2024)
Director	Dr Philip Burnett
Principal address	PO Box 1645
	Oxford
	OX4 9PE
Registered charity number	801073
Independent auditors	Stephenson Smart (East Anglia) Limited
	Chartered Accountants & Statutory Auditors
	22-26 King Street
	King's Lynn
	Norfolk
	PE30 1HJ
Solicitors	Farrer & Co LLP
	65-66 Lincoln's Inn Fields
	London
	WC2A 3LH
Website	musicincountrychurches.org.uk

Music in Country Churches

Trustees' Report for the year ended 31 October 2025

The Trustees present their report with the financial statements of the Charity for the year ended 31 October 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objectives and activities

Music in Country Churches was established as a charitable trust in 1989. It has two aims:

to assist churches in rural regions of England and Wales with holding concerts of classical music;
to raise funds to assist those churches with the costs of their repair and maintenance.

The Charity is particularly keen to provide performance opportunities to young and emerging musicians.

Achievements and performance

The Charity held concerts at churches in Chedworth (Gloucestershire), Ross-on-Wye (Herefordshire), Church Stowe (Northamptonshire), Wickhambrook (Suffolk), Longworth (Oxfordshire), Newton St Cyres (Devon), Bruton (Somerset), Wiveton (Norfolk) and Burnham Thorpe (Norfolk) during the year. Donations totalling £6,500 were made to the churches where the concerts were held.

The Trustees have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

Financial review

The Charity's investment portfolio was administered by Rathbones Group Plc and in November 2023 the investment portfolio was sold for cash.

Reserves policy

The Trustees define the Charity's reserves as the value of assets over and above those which are required to meet its current commitments and planned expenditure. Trustees aim to have sufficient reserves to enable the Charity to meet its financial objectives for one year.

Future plans

Further concerts for 2026 have been announced at Wycliffe (County Durham) in May, Dalham (Suffolk) in June, Farringdon (Hampshire) in June, Abbey Dore (Herefordshire) in June, Hawkesbury (Gloucestershire) in June, Combe Longa (Oxfordshire) in June, Thenford (Northamptonshire) in July, Rotherfield (East Sussex) in July, Dittisham (Devon) in July, Mells (Somerset) in July and Dersingham (Norfolk) in July.

Structure, governance and management

The Charity is run by a Committee of Trustees who meet at least twice each year, but usually more often, to discuss not only matters of policy and direction, but also to make decisions about the way the Charity is run and to keep a close eye on budgetary matters. The Trustees have the power to appoint new Trustees. Training and induction of new Trustees is undertaken on an informal and continual basis through discussions with existing Trustees and attendance at board meetings.

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Music in Country Churches

Trustees' Report for the year ended 31 October 2025

Statement of Trustees' responsibilities - continued

Charity law requires the Trustees to prepare financial statements for each financial year. Under that law, the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period. In preparing those financial statements, the Trustees are required to

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of Trustees on 24[th] August 2026 and signed on its behalf by:

........................................................................ Mr Matthew Rice - Chairman

Report of the Independent Auditors to the Trustees of Music in Country Churches

Opinion

We have audited the financial statements of Music in Country Churches (the 'Charity') for the year ended 31 October 2025 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In our opinion the financial statements:
give a true and fair view of the state of the Charity's affairs as at 31 October 2025 and of its incoming resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'; and
have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Report of the Independent Auditors to the Trustees of Music in Country Churches

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

the information given in the Trustees Report is inconsistent in any material respect with the financial statements; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Trustees

As explained more fully in the Statement of Trustees' Responsibilities, the Trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following: the nature of the industry and sector, control environment and business performance including the key drivers for remuneration; the Charity’s own assessment of the risks that irregularities may occur either as a result of fraud or error; results of our enquiries of management; any matters we identified having obtained and reviewed the Charity’s documentation of policies and procedures relating to identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance; detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud.

In common with all audits under ISAs (UK) we are also required to perform specific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory framework that the Charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included tax legislation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Report of the Independent Auditors to the Trustees of Music in Country Churches

Use of our report

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Charity's Trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Christopher Goad BFP FCA (Senior Statutory Auditor) for and on behalf of Stephenson Smart (East Anglia) Limited Chartered Accountants & Statutory Auditors 22-26 King Street King's Lynn Norfolk PE30 1HJ

Date: 24[th] August 2026

Music in Country Churches

Statement of Financial Activities for the year ended 31 October 2025

		31.10.25	31.10.24
		Unrestricted
		fund	Total funds
	Notes	£	£
Income and endowments from
Donations and legacies	3	124,315	69,573
Other trading activities	4	31,097	36,657
Investment income	5	16	240
Total		155,428	106,470
Expenditure on
Charitable activities	6
Concert expenses		80,281	85,481
Grants payable		6,500	9,000
Support costs		18,885	18,686
Governance costs		3,452	4,514
Total		109,118	117,681
Net gains on investments		-	367
NET INCOME/(EXPENDITURE)		46,310	(10,844)
Reconciliation of funds
Total funds brought forward		4,113	14,957
Total funds carried forward		50,423	4,113

The notes form part of these financial statements

Music in Country Churches

Statement of Financial Position 31 October 2025

		31.10.25	31.10.24
		Unrestricted
		fund	Total funds
	Notes	£	£
Fixed assets
Tangible assets	12	373	156
Current assets
Debtors	13	3,138	3,136
Cash at bank		61,414	12,883
		64,552	16,019
Creditors
Amounts falling due within one year	14	(14,502)	(12,062)
Net current assets		50,050	3,957
Total assets less current liabilities		50,423	4,113
NET ASSETS		50,423	4,113
Funds	16
Unrestricted funds		50,423	4,113
Total funds		50,423	4,113

The financial statements were approved by the Board of Trustees and authorised for issue on 24[th] August 2026 and were signed on its behalf by:

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

Mr Matthew Rice – Chairman

The notes form part of these financial statements

Music in Country Churches

Statement of Cash Flows for the year ended 31 October 2025

		31.10.25	31.10.24
	Notes	£	£
Cash flows from operating activities
Cash generated from operations	1	43,857	(10,748)
Net cash provided by/(used in) operating	activities	43,857	(10,748)
Cash flows from investing activities
Purchase of tangible fixed assets		(342)	-
Sale of fixed asset investments		-	22,111
Interest received		16	19
Dividends received		-	221
Net cash (used in)/provided by investing activities		(326)	22,351
Cash flows from financing activities
New loans in year		5,000	-
Net cash provided by financing activities		5,000	-

Change in cash and cash equivalents in the
reporting period		48,531	11,603
Cash and cash equivalents at the beginning
of the reporting period		12,883	1,280
Cash and cash equivalents at the end of
the reporting period		61,414	12,883

The notes form part of these financial statements

Music in Country Churches

Notes to the Statement of Cash Flows for the year ended 31 October 2025

1. Reconciliation of net income/(expenditure) to net cash flow from operating activities

Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Losses on investments
Interest received
Dividends received
Increase in debtors
(Decrease)/increase in creditors
Net cash provided by/(used in) operations
2.
Analysis of changes in net funds
At
Net cash
Cash at bank
Debt
Debts falling due within 1 year
Total

31.10.25
31.10.24
£
£
46,310
(10,844)
125
53
-
(367)
(16)
(19)
-
(221)
(2)
(860)
(2,560)
1,510
43,857
(10,748)
1.11.24
Cash flow
At 31.10.25
£
£
£
12,883
48,531
61,414
-
(5,000)
(5,000)
12,883
43,531
56,414

The notes form part of these financial statements

Music in Country Churches

Notes to the Financial Statements for the year ended 31 October 2025

1. Accounting policies

Basis of preparing the financial statements

The financial statements of the Charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income:

Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

Legacy income is recognised when receipt is probable and entitlement is established.

Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

Income on listed investments includes all realised and unrealised gains on investment. Dividends are recognised when receivable and the amount can be measured reliably by the Charity.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% p.a. reducing balance

Taxation

The Charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees in furtherance of the general objectives of the Charity.

Music in Country Churches

Notes to the Financial Statements - continued for the year ended 31 October 2025

1. Accounting policies - continued

Fund accounting

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors. There are no restricted funds.

Cash and cash equivalents

Cash is represented by cash in hand and deposits held with financial institutions repayable without penalty, net of bank overdrafts which are shown within borrowings in current liabilities

Pension costs and other post-retirement benefits

The Charity operates a defined contribution pension scheme. Contributions payable to the Charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

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.

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events, that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are in respect of investments as described below.

Music in Country Churches

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

3. Donations and legacies Donations and gift aid Legacies Grants Grants received, included in the above, are as follows: Concerts 4. Other trading activities Concert income Merchandise sales Sponsorships 5. Investment income Income from listed investments Deposit account interest	31.10.25 £ 24,315 50,000 50,000 124,315 31.10.25 £ 50,000 31.10.25 £ 24,490 1,432 5,175 31,097 31.10.25 £ - 16 16	31.10.24 £ 22,573 - 47,000 69,573 31.10.24 £ 47,000 31.10.24 £ 33,487 780 2,390 36,657 31.10.24 £ 221 19 240

Music in Country Churches

Notes to the Financial Statements - continued for the year ended 31 October 2025

6. Charitable activities costs

Grant
funding of
activities
Support
Direct
(see note
costs (see
Costs
7)
note 8)
£
£
£
Concert expenses
78,795
-
1,486
Grants payable
-
6,500
-
Support costs
-
-
18,885
Governance costs
-
-
3,452
78,795
6,500
23,823
7.
Grants payable
31.10.25
£
Grants payable
6,500
The total grants paid to institutions during the year was as follows:
31.10.25
£
St Andrew, Chedworth
1,000
St Mary the Virgin, Ross-On-Wye
250
St Michael, Church Stowe
1,000
All Saints, Wickhambrook
1,000
St Mary, Longworth
1,000
St Cyr and St Julitta, Newton St Cyres
250
St Mary the Virgin, Wiveton
1,000
All Saints, Burnham Thorpe
1,000
Friends of Northleach Church
-
Chagford PCC
-
PCC Clare with Poslingford
-
Geddington PCC
-
Holy Trinity Colemans Hatch
-
8.
Support costs
Governance
Management
Finance
costs
£
£
£
Concert expenses
-
1,486
-
Support costs
18,582
303
-
Governance costs
-
-
3,452
18,582
1,789
3,452

Totals
£
80,281
6,500
18,885
3,452
109,118
31.10.24
£
9,000
31.10.24
£
-
-
-
-
-
-
-
-
2,000
2,000
2,000
2,000
1,000
Totals
£
1,486
18,885
3,452
23,823

Music in Country Churches

Notes to the Financial Statements - continued for the year ended 31 October 2025

9. Trustees' remuneration and benefits

There were no Trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.

Trustees' expenses

There were no Trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.

10. Staff costs

	31.10.25	31.10.24
	£	£
Wages and salaries	10,800	10,800
Other pension costs	137	137
	10,937	10,937
The average monthly number of employees during the year was as follows:
	31.10.25	31.10.24
Staff	1	1
No employees received emoluments in excess of £60,000.
2024 Comparatives for the statement of financial activities
		Unrestricted
		fund
		£
Income and endowments from
Donations and legacies		69,573
Other trading activities		36,657
Investment income		240
Total		106,470
Expenditure on
Charitable activities
Concert expenses		85,481
Grants payable		9,000
Support costs		18,686
Governance costs		4,514
Total		117,681
Net gains on investments		367

11. 2024 Comparatives for the statement of financial activities

Music in Country Churches

Notes to the Financial Statements - continued for the year ended 31 October 2025

11.	2024 comparatives for the statement of financial activities - continued
			Unrestricted
			fund
			£
	NET INCOME/(EXPENDITURE)		(10,844)
	Reconciliation of funds
	Total funds brought forward		14,957
	Total funds carried forward		4,113
12.	Tangible fixed assets
			Computer
			equipment
			£
	Cost
	At 1 November 2024		6,335
	Additions		342
	At 31 October 2025		6,677
	Depreciation
	At 1 November 2024		6,179
	Charge for year		125
	At 31 October 2025		6,304
	Net book value
	At 31 October 2025		373
	At 31 October 2024		156
13.	Debtors: amounts falling due within one year
		31.10.25	31.10.24
		£	£
	Other debtors	2,749	2,925
	Prepayments	389	211
		3,138	3,136

Music in Country Churches

Notes to the Financial Statements - continued for the year ended 31 October 2025

14. Creditors: amounts falling due within one year

14.	Creditors: amounts falling due within one year
			31.10.25	31.10.24
			£	£
	Taxation and social security		152	53
	Other creditors		14,350	12,009
			14,502	12,062
15.	Loans
	An analysis of the maturity of loans is given below:
			31.10.25	31.10.24
			£	£
	Amounts falling due within one year on demand:
	Other loans		5,000	-
16.	Movement in funds
			Net
			movement	At
		At 1.11.24	in funds	31.10.25
		£	£	£
	Unrestricted funds
	General fund	4,113	46,310	50,423
	TOTAL FUNDS	4,113	46,310	50,423
	Net movement in funds, included in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		£	£	£
	Unrestricted funds
	General fund	155,428	(109,118)	46,310
	TOTAL FUNDS	155,428	(109,118)	46,310

Music in Country Churches

Notes to the Financial Statements - continued for the year ended 31 October 2025

16. Movement in funds - continued

Comparatives for movement in funds

At Unrestricted funds General fund TOTAL FUNDS	Net movement At 1.11.23 in funds 31.10.24 £ £ £ 14,957 (10,844) 4,113 14,957 (10,844) 4,113

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	106,470	(117,681)	367	(10,844)
TOTAL FUNDS	106,470	(117,681)	367	(10,844)

A current year 12 months and prior year 12 months combined position is as follows:

At Unrestricted funds General fund TOTAL FUNDS	Net movement At 1.11.23 in funds 31.10.25 £ £ £ 14,957 35,466 50,423 14,957 35,466 50,423

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	261,898	(226,799)	367	35,466
TOTAL FUNDS	261,898	(226,799)	367	35,466

Music in Country Churches

Notes to the Financial Statements - continued for the year ended 31 October 2025

17. Related party disclosures

Mr Nigel Savory is a trustee of The Lady Hind Trust from which the Charity received a donation of £10,000 (2024 : £12,500) during the year. Mr Nigel Savory is also a trustee of the Charles Littlewood Hill Trust from which the Charity received a donation of £nil (2024 : £12,500).

During the year Mr Matthew Rice loaned the Charity £5,000 interest fee. At the year end the amount owed to Mr Matthew Rice was £5,000.

Expenses were reimbursed to the Director during the year totalling £4,726 (2024 : £5,114).

Music in Country Churches

Detailed Statement of Financial Activities for the year ended 31 October 2025

Income and endowments Donations and legacies Donations and gift aid Legacies Grants Other trading activities Concert income Merchandise sales Sponsorships Investment income Income from listed investments Deposit account interest Total incoming resources Expenditure Charitable activities Merchandise costs Concert expenses Grants to institutions Support costs Management Wages Pensions Insurance Stationery, postage and advertising Other office costs Computer equipment	31.10.25 £ 24,315 50,000 50,000 124,315 24,490 1,432 5,175 31,097 - 16 16 155,428 968 77,827 6,500 85,295 10,800 137 489 5,196 1,835 125 18,582	31.10.24 £ 22,573 - 47,000 69,573 33,487 780 2,390 36,657 221 19 240 106,470 3,799 81,636 9,000 94,435 10,800 137 277 5,811 1,505 53 18,583

This page does not form part of the statutory financial statements

Music in Country Churches

Detailed Statement of Financial Activities for the Year Ended 31 October 2025

Management Finance Payment processing fees Governance costs Auditors' remuneration Legal and professional fees Total resources expended Net income/(expenditure) before gains and losses Realised recognised gains and losses Gains/(losses) on other investment assets Net income/(expenditure)	31.10.25 £ 1,789 2,400 1,052 3,452 109,118 46,310 - 46,310	31.10.24 £ 149 2,720 1,794 4,514 117,681 (11,211) 367 (10,844)

This page does not form part of the statutory financial statements