**REGISTERED CHARITY NUMBER: SC050352**
**Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 July 2025**
**for**
**Music Education Partnership Group**
**Music Education Partnership Group**
## **Contents of the Financial Statements for the Year Ended 31 July 2025**
||**Page**|
|---|---|
|**Report of the Trustees**|1|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8|
|**Detailed Statement of Financial Activities**|17|
**Music Education Partnership Group**
## **Report of the Trustees for the Year Ended 31 July 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 July 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**
## **Objectives and aims**
The organisations objectives, aims and purpose are to:
Ensure that every child in Scotland will benefit from a quality music education
Advocate for the life-long benefits of music education enriched by singing and playing- for the children, young people and adult learners in Scotland.
Bring together the diverse music teaching constituencies of the formal and informal sectors in order to optimise the music capacity of Scotland and to extend the benefits of singing and learning to play a musical instrument to as many of Scotland's population as want the opportunity to learn.
Position Scotland as an international leader in music education.
The organisation is empowered to do anything which is calculated to further these purposes or is conducive or incidental to doing so.
## **Public benefit**
The charity meets the definition of a public benefit entity under FRS 102.
## **Grantmaking**
The charity's grant-making policy is designed to support organisations and projects that align with its charitable objectives. Grants are awarded based on a thorough assessment process, ensuring that funding is allocated effectively to achieve the charity's aims.
## **Volunteers**
In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the financial statements as this cannot be reliably measured.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable activities**
The past year has seen MEPG grow in terms of the number of partner organisations and in the range of projects and initiatives being undertaken. In addition to the in-kind collaboration offered by colleagues in partner organisations, a review of the MEPG operational capacity has taken place to ensure that the necessary support is in place to meet demand. MEPG continues to develop links with colleagues elsewhere in the UK and abroad. It is reassuring to know of the regard in which Scotland is held in terms of music education provision.
Various MEPG projects, e.g. Scottish Young Musician, We Make Music Schools and We Make Music Libraries have attracted media interest and political support. Despite the constraints on public sector funding. MEPG has successfully lobbied on behalf of the music education sector to maintain the level of music provision across the country.
The Board of Trustees appreciate the support from the Scottish Government, Trusts and individuals both to partner organisations and MEPG itself as we continue to highlight the importance of music and music education in the lives of the population and in particular of young people.
Page 1
**Music Education Partnership Group**
## **Report of the Trustees for the Year Ended 31 July 2025**
## **FINANCIAL REVIEW**
## **Financial position**
The financial statements show the overall position of the charity for the period to 31 July 2025, its incoming resources and the application of these resources for the period ended that date.
Income received for the period to 31 July 2025 totalled £262,148 (2024: £324,945) and expenditure totalled £210,732 (2024: £294,150). A surplus of £51,416 (2024: 30,795) was generated.
Total funds as at 31 July 2025 were £161,444 (2024: £110,028) - these were made up of £40,123 (2024: £15,470) unrestricted funds and £121,321 (2024: £94,558) restricted funds.
## **Principal funding sources**
The trustees anticipate that the main sources of ongoing operating funds will come from grants and donations.
## **Reserves policy**
The board of Trustees make every effort to ensure that the charity has a sufficient level of reserves to meet governance costs which they are committed to over the next year taking account of the known level of funds which will be received in that period. The Trustees therefore consider that the present level of reserves is sufficient to meet requirements of the charity.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern and have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
## **FUTURE PLANS**
The past year has seen MEPG grow in terms of the number of partner organisations and in the range of projects and initiatives being undertaken. In addition to the in-kind collaboration offered by colleagues in partner organisations, a review of the MEPG operational capacity has taken place to ensure the necessary support is in place to meet demand. MEPG continues to develop links with colleagues elsewhere in the UK and abroad. It is reassuring to know the regard in which Scotland is held in terms of music education provision. Various MEPG projects eg Scottish Young Musician, We Make Music Schools and We Make Music Libraries have attracted media interest and political support. Despite the constraints on public sector funding. MEPG has successfully lobbied on behalf of the music education sector to maintain the level of music provision across the country both in schools and the community. The Board of Trustees appreciate the support from the Scottish Government, Trusts and individuals both to partner organisations and MEPG itself as we continue to highlight the importance of music and music education in the lives of the population and in particular of young people. In looking forward, MEPG plans to:
-Embed the We Make Music Schools Kitemark into every local authority -Provide every local authority with a We Make Music Library by 2030
-Deliver face to face Scottish Young Musician Ensemble Competitions in every local authority. -Continue to research innovative ways in music teaching delivery methodology and teacher education.
-Develop training programmes and conferences for those working in the music sector.
-Engage more with partner organisations across the tertiary education sector in developing planned progression routes for students.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Music Education Partnership Group is a scottish charitable incorporated organisation (SCIO) and registered as Scottish charity, charity number SC050352. The charity was formed on 31 July 2020. The SCIO is governed by its Constitution which established its objects and powers.
## **Recruitment and appointment of new trustees**
The trustees may make appointment of additional or replacement trustees as they from time to time deem appropriate and such appointments may be made by a resolution of a meeting of the trustees provided that such resolution be signed by the person presiding at such meeting.
Page 2
**Music Education Partnership Group**
## **Report of the Trustees for the Year Ended 31 July 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
The day to day running of the charity is the duty of the trustees who meet regularly to set policy and take all major decisions regarding the charity, using the powers granted to them by the charity's constitution.
## **Induction and training of new trustees**
The policies of the charity for the induction and training of new board members are tailored to suit the knowledge and experience of the appointee.
## **Key management remuneration**
The Board do not consider any one individual to have responsibility as key management.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
SC050352
## **Principal address**
Royal Conservatoire of Scotland 100 Renfrew Street Glasgow G2 3DB
## **Trustees**
## **Independent Examiner**
Gillespie & Anderson 147 Bath Street Glasgow G2 4SN
SCIO company number - CS004765
Page 3
**Music Education Partnership Group**
## **Report of the Trustees for the Year Ended 31 July 2025**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Scotland, the Charities and Trustee Investment (Scotland) Act 2005, Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity's constitution, 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 Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- 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 and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity's constitution. 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.
## **Independent Examiner**
Independent Examiner, , of Gillespie & Anderson, Chartered Accountants, has expressed a willingness to continue in office.
Approved by order of the board of trustees on 5 December 2025 and signed on its behalf by:
Page 4
## **Independent Examiner's Report to the Trustees of Music Education Partnership Group**
I report on the accounts for the year ended 31 July 2025 set out on pages six to sixteen.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention :
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
The Institute of Chartered Accountants of Scotland
Gillespie & Anderson 147 Bath Street Glasgow G2 4SN
5 December 2025
Page 5
**Music Education Partnership Group**
## **Statement of Financial Activities**
## **for the Year Ended 31 July 2025**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
11,434
**Charitable activities**
4
Main Charitable Activities
37,653
Investment income
3
1,285
**Total**
50,372
**EXPENDITURE ON**
Raising funds
1,185
**Charitable activities**
5
Main Charitable Activities
52,907
**Total**
54,092
**NET INCOME/(EXPENDITURE)**
(3,720)
**Transfers between funds**
12
(1,627)
**Net movement in funds**
(5,347)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
As previously reported
15,470
Prior year adjustment
10
20,000
**As restated**
35,470
**TOTAL FUNDS CARRIED FORWARD**
30,123|Year Ended
31.7.25
Restricted
Total
funds
funds
as
£
£
127,373
138,807
84,358
122,011
45
1,330
211,776
262,148
-
1,185
156,640
209,547
156,640
210,732
55,136
51,416
1,627
-
56,763
51,416
94,558
110,028
(20,000)
-
74,558
110,028
131,321
161,444|Period
1.4.23
to
31.7.24
Total
funds
restated
£
125,127
199,716
102
324,945
-
294,150
294,150
30,795
-
30,795
79,233
-
79,233
110,028|
|---|---|---|
The notes form part of these financial statements
Page 6
## **Music Education Partnership Group**
|**Balance Sheet**
**31 July 2025**
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Cash at bank
39,893
**CREDITORS**
Amounts falling due within one year
11
(9,770)
**NET CURRENT ASSETS**
30,123
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
30,123
**NET ASSETS**
30,123
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
131,321
-
131,321
131,321
131,321|2025
Total
funds
as
£
171,214
(9,770)
161,444
161,444
161,444
30,123
131,321
161,444|2024
Total
funds
restated
£
110,028
-
110,028
110,028
110,028
35,470
74,558
110,028|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 5 December 2025 and were signed on its behalf by:
The notes form part of these financial statements
Page 7
**Music Education Partnership Group**
## **Notes to the Financial Statements for the Year Ended 31 July 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 (FRS102) '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)', the Charities and Trustee Investment (Scotland) Act 2005 and the Scottish Charitable Incorporated Organisations Regulations 2011. The financial statements have been prepared under the historical cost convention.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. There are sufficient cash resources and reserves at the year end to adopt the going concern basis in preparing its financial statements.
## **Presentation currency**
The financial statements are presented in pound sterling (£), which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
## **Critical accounting judgements and key sources of estimation uncertainty**
The Trustees have made judgements, estimates and assumptions that affect the amounts reported within the financial statements during the year. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. The Trustees estimates, assumptions and judgements that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the financial statements are addressed and detail is provided in the associated notes.
## **Changes in accounting policies**
The reporting period covers a 12 month period - the year to 31 July 2025. The prior reporting period covered from 1 April 2023 to 31 July 2024 - 16 months. The comparative figures seen in these financial statements are not entirely comparable due to the differing period lengths involved.
## **Income**
All income is recognised when the charity is entitled to the income, 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:
Donations and legacies income is received by way of grants, donations, gifts and is included in full in the Statement of Financial Activities when the charity is entitled to the goods or services, receipt of the goods or services is probable and the value of the goods or services can be measured reliably. Grants where entitlement is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.
Investment income is included when receipt is probable and the amount can be measured reliably, and consists solely of bank interest.
## **Expenditure**
Expenditure has been classified under the headings that aggregate all costs 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 the resources.
Expenditure is recognised on an accrual basis when a legal liability is incurred, payment of the liability is probable and the amount can be measured reliably. The amount includes any VAT which cannot be fully recovered. VAT is reported as part of the expenditure to which it relates.
Charitable activities comprise all resources expended undertaking work to meet the charity's charitable objectives. Such costs include the direct costs of charitable activities approved by the charity and all support costs relating to these activities. Governance costs include direct resources expended in the general running of the charity and are primarily associated with constitutional and statutory requirements. These costs are allocated entirely to charitable activities.
continued...
Page 8
**Music Education Partnership Group**
## **Notes to the Financial Statements - continued for the Year Ended 31 July 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Support costs**
Support costs are allocated wholly to charitable activities. Whilst the Trustees recognise that a small part of some items of expenditure included in support costs do relate to indirect governance costs, they are of the opinion that the time and costs involved in performing such an analysis outweigh the potential benefits arising from any such work.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Funds are classified as either unrestricted funds or restricted funds, defined as follows:
Unrestricted funds are expendable at the discretion of the Trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the Trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the Trustees' discretion to apply the funds.
Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal process, but still within the wider objects of the charity.
## **Financial instruments**
The charity has no complex financial instruments but does hold basic financial instruments of; cash at bank, debtors and creditors.
Cash and cash equivalents comprise cash at bank and on hand, foreign currency on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. A bank overdraft would be shown within current liabilities.
Debtors are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less losses for bad debts except where the effect of discounting would be immaterial. In such cases, debtors are stated at cost less losses for bad debts.
Creditors are initially recognised at fair value and subsequently measured at amortised cost using the effective interest rate unless the effect of discounting would be immaterial. In such cases, creditors are stated at cost.
## **Provision for liabilities**
A provision is initially recognised when there is an obligation at the balance sheet date as the result of a past event, it is probable that there will be the transfer of funds in settlement and the amount of the obligation can be estimated reliably. The provision is subsequently measured by placing a charge against the provision only for expenditure for which the provision was originally recognised.
## **2. DONATIONS AND LEGACIES**
|Year Ended
31.7.25
a
£
Donations
130,366
Gift aid
8,441
138,807|Period
1.4.23
to
31.7.24
s restated
£
122,910
2,217
125,127|
|---|---|
continued...
Page 9
**Music Education Partnership Group**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 July 2025**
## **3. INVESTMENT INCOME**
|Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grant Income
Main Charitable Activities
Grants received, included in the above, are as follows:
General
Scottish Government
Creative Scotland
The William Syson Foundation
**5.**
**CHARITABLE ACTIVITIES COSTS**
Main Charitable Activities|Year Ended
31.7.25
a
£
1,330
Year Ended
31.7.25
a
£
122,011
Year Ended
31.7.25
a
£
-
30,000
62,011
30,000
122,011
Direct
Support
Costs (see
costs (see
note 6)
note 7)
£
£
137,879
71,668|Period
1.4.23
to
31.7.24
s restated
£
102
Period
1.4.23
to
31.7.24
s restated
£
199,716
Period
1.4.23
to
31.7.24
s restated
£
199,716
-
-
-
199,716
Totals
£
209,547|
|---|---|---|
continued...
Page 10
**Music Education Partnership Group**
## **Notes to the Financial Statements - continued for the Year Ended 31 July 2025**
## **6. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|Project costs
Education & training
Travel
Donations
Venue staff & media
Adjudicator & MC
Accompanist
Trophies
Room hire
Research costs
**SUPPORT COSTS**
Management
£
Main Charitable Activities
67,762
Support costs, included in the above, are as follows:
**Management**
Telephone & IT
Postage and stationery
Sundries
Admin fees
Repairs
Subscriptions
Development costs
Display media & PR
Project management|Year Ended
31.7.25
a
£
-
45,527
4,963
30,230
13,963
4,329
770
3,980
6,852
27,265
137,879
Governance
Finance
costs
£
£
66
3,840
Year Ended
31.7.25
a
Main
Charitable
Activities
£
6,135
1,148
1,221
29,777
399
532
3,508
6,320
18,722
67,762|Period
1.4.23
to
31.7.24
s restated
£
229,899
-
-
-
-
-
-
-
-
-
229,899
Totals
£
71,668
Period
1.4.23
to
31.7.24
s restated
Total
activities
£
-
-
-
-
-
-
-
-
-
-|
|---|---|---|
## **7. SUPPORT COSTS**
continued...
Page 11
**Music Education Partnership Group**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 July 2025**
## **7. SUPPORT COSTS - continued Finance**
|**SUPPORT COSTS - continued**
**Finance**|||
|---|---|---|
|||Period|
|||1.4.23|
||Year Ended|to|
||31.7.25|31.7.24|
|||as restated|
||Main||
||Charitable|Total|
||Activities|activities|
||£|£|
|Bank charges|66|-|
|**Governance costs**|||
|Secretarial and project management costs|Year Ended
31.7.25
Main
Charitable
Activities
£
-|Period
1.4.23
to
31.7.24
as restated
Total
activities
£
49,470|
|Other Costs|-|14,781|
|Examination fee|3,840|-|
||3,840|64,251|
||||
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
## **Trustees' Remuneration**
There were no trustees' remuneration or other benefits for the period ended 31 July 2025 nor for the year ended 31 July 2024.
## **Trustees' Donations**
There were no donations made by the trustees for the period ended 31 July 2025 nor for the year ended 31 July 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 July 2025 or period ended 31 July 2024.
continued...
Page 12
**Music Education Partnership Group**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 July 2025**
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|as restated|
|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|Donations and legacies|38,919|86,208|125,127|
|Charitable activities|
|Main Charitable Activities|59,998|139,718|199,716|
|Investment income|-|102|102|
|Total|98,917|226,028|324,945|
|EXPENDITURE ON|
|Charitable activities|
|Main Charitable Activities|75,774|218,376|294,150|
|NET INCOME|23,143|7,652|30,795|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|12,327|66,906|79,233|
|TOTAL FUNDS CARRIED FORWARD|35,470|74,558|110,028|
**----- End of picture text -----**
## **10. PRIOR YEAR ADJUSTMENT**
In the prior year, £20,000 of unrestricted grant income was reported as restricted grant income. There was no net effect on the statement of financial activities or balance sheet due to this. Unrestricted reserves and unrestricted receipts from charitable activities, however, have been understated by £20,000 whilst restricted reserves and restricted receipts from charitable activities have been overstated by £20,000. The comparative amounts for the period to 31 July 2024 have been restated to correct this in the year to 31 July 2025..
## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**----- Start of picture text -----**
|||
|---|---|
|2025|2024|
|as restated|
|£|£|
|-|
|Accrued expenses|9,770|
**----- End of picture text -----**
continued...
Page 13
**Music Education Partnership Group**
## **Notes to the Financial Statements - continued for the Year Ended 31 July 2025**
## **12. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
St Giles
Schools Project
EIF
Research
Libraries
Scottish Young Musician
Training
**TOTAL FUNDS**|At 1.8.24
£
15,470
20,000
(26)
5,462
16,567
(959)
32,198
23,099
(1,783)
94,558
110,028|Prior
year
adjustment
£
20,000
(20,000)
-
-
-
-
-
-
-
(20,000)
-|Net
movement
in funds
£
(3,720)
-
4,017
(300)
-
(668)
32,539
1,185
18,363
55,136
51,416|Transfers
between
funds
£
(1,627)
-
-
-
-
1,627
-
-
-
1,627
-|At
31.7.25
£
30,123
-
3,991
5,162
16,567
-
64,737
24,284
16,580
131,321
161,444|
|---|---|---|---|---|---|
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
St Giles
Schools Project
Research
Libraries
Scottish Young Musician
Training
**TOTAL FUNDS**|Incoming
resources
£
50,372
4,097
1,400
30,000
59,224
96,794
20,261
211,776
262,148|Resources
Movemen
expended
in funds
£
£
(54,092)
(3,720)
(80)
4,017
(1,700)
(300)
(30,668)
(668)
(26,685)
32,539
(95,609)
1,185
(1,898)
18,363
(156,640)
55,136
(210,732)
51,416|
|---|---|---|
continued...
Page 14
**Music Education Partnership Group**
## **Notes to the Financial Statements - continued for the Year Ended 31 July 2025**
## **12. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.4.23
£
**Unrestricted funds**
General fund
12,327
**Restricted funds**
Restricted fund
66,906
**TOTAL FUNDS**
79,233
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
98,917
**Restricted funds**
Restricted fund
226,028
**TOTAL FUNDS**
324,945|Net
movement
At
in funds
31.7.24
£
£
23,143
35,470
7,652
74,558
30,795
110,028
Resources
Movement
expended
in funds
£
£
(75,774)
23,143
(218,376)
7,652
(294,150)
30,795|
|---|---|
## **Unrestricted General Fund**
The general fund represents funds to operate the core objectives of the charity.
## **Restricted Funds**
## St Giles fund
Represents funds received to assist St Giles Cathedral in celebrating Edinburgh 900.
## Schools Project fund
Represents funds received to support the pilot and delivery of the We Make Music Schools project.
## EIF fund
Represents funds received to produce and organise events and music for the Edinburgh International Festival.
## Research fund
Represents funds received to conduct research or assist in conducting research regarding the impact of government policy in removing charges for instrumental lessons.
## Libraries fund
Represents funds received for use in activities relating to the We Make Music Instrument Libraries project.
## Scottish Young Musician fund
Represents funds received to support and deliver the Scottish Young Musicians Schools Solo and Ensemble competitions.
## Training fund
Represents funds received to deliver training for the Youth Music Sector.
continued...
Page 15
**Music Education Partnership Group**
## **Notes to the Financial Statements - continued for the Year Ended 31 July 2025**
## **12. MOVEMENT IN FUNDS - continued**
## **Transfers between funds**
A transfer of £1,627 was made from the unrestricted general fund to the restricted Research fund to support research activities.
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 July 2025 nor for the period ended 31 March 2024.
Page 16
**Music Education Partnership Group**
## **Detailed Statement of Financial Activities**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
**Investment income**
Deposit account interest
**Charitable activities**
Grant Income
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Fundraising costs
**Charitable activities**
Project costs
Education & training
Travel
Donations
Venue staff & media
Adjudicator & MC
Accompanist
Trophies
Room hire
Research costs
**Support costs**
**Management**
Telephone & IT
Postage and stationery
Sundries
Admin fees
Repairs
Subscriptions
Development costs
Display media & PR
Carried forward|**for the Year Ended 31 July 2025**
Period
1.4.23
Year Ended
to
31.7.25
31.7.24
as restated
£
£
130,366
122,910
8,441
2,217
138,807
125,127
1,330
102
122,011
199,716
262,148
324,945
1,185
-
-
229,899
45,527
-
4,963
-
30,230
-
13,963
-
4,329
-
770
-
3,980
-
6,852
-
27,265
-
137,879
229,899
6,135
-
1,148
-
1,221
-
29,777
-
399
-
532
-
3,508
-
6,320
-
49,040
-|
|---|---|
This page does not form part of the statutory financial statements
Page 17
**Music Education Partnership Group**
## **Detailed Statement of Financial Activities**
## **for the Year Ended 31 July 2025**
||||Period|
|---|---|---|---|
||||1.4.23|
||Year Ended||to|
||31.7.25|31.7.24||
|||as restated||
||£||£|
|**Management**||||
|Brought forward|49,040||-|
|Project management|18,722||-|
|**Finance**|67,762||-|
|Bank charges|66||-|
|**Governance costs**||||
|Secretarial and project management costs|-||49,470|
|Other Costs|-||14,781|
|Examination fee|3,840||-|
||3,840||64,251|
|Total resources expended|210,732||294,150|
|**Net income**|51,416||30,795|
|||||
This page does not form part of the statutory financial statements
Page 18