for the Period Ended 31 July 2022
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | 3 | | |
Tangible assets: | 4 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2022
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Valuation information and policy
Other accounting policies
for the Period Ended 31 July 2022
2022 | 2021 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 July 2022
Goodwill | Other | Total | |
---|---|---|---|
Cost | £ | £ | £ |
At 1 August 2021 | | | |
Additions | | | |
Disposals | |||
Revaluations | |||
Transfers | |||
At 31 July 2022 | | | |
Amortisation | |||
At 1 August 2021 | | | |
Charge for year | | | |
On disposals | |||
Other adjustments | |||
At 31 July 2022 | | | |
Net book value | |||
At 31 July 2022 | | | |
At 31 July 2021 | | |
for the Period Ended 31 July 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 August 2021 | | | ||||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 July 2022 | | | ||||
Depreciation | ||||||
At 1 August 2021 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 July 2022 | | | ||||
Net book value | ||||||
At 31 July 2022 | | | ||||
At 31 July 2021 | | |
for the Period Ended 31 July 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
for the Period Ended 31 July 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
Despite the challenges posed by the COVID pandemic, we were able to resume in-person Music Therapy and Community Music sessions for the majority of our clients in 2021-2022. We continued to offer digital sessions for those who prefer it or who are unable to leave their home, and with some of our clients we have continued to offer a hybrid mix of in person and virtual sessions. We developed our services into specific programmes of care: Acute Care, Developmental and Rehabilitative Care, Continuing Care, Preventative Care and Disseminative Care, which will include our expanded focus on delivering training and making a wider impact.Over 1828 people received Music Therapy or Community Music sessions this year, in one to one and group sessions, 1230 of those were over 18. Our full-service delivery includes Music Therapy, Neurologic Music Therapy and Community Music, with expansion in delivering training across education, health and social care and also to carers and families. We worked in over 26 counties with just over half of those in the South East. We had 178 services on contract.We completed our move to Employee Ownership in September 2022 with an expansion of the board of Director to 6 and the creation of a Membership Council.Our fundraising efforts have become more challenging following the pandemic but we continue to expand our reach and audience through our communications, so that more people can access either training or Music Therapy services, regardless of their financial situation, location or diagnoses.
We have continued to evaluate and adapt the ways in which we meet with our stakeholders, to ensure that (our staff and our clients); at the end of the financial year, the organisation had a team of 51 staff, including Music Therapists, Community Musicians and our operational team, which are made up of a number of roles supporting HR, finance, referrals and scheduling, communication and data and training coordinator.The expansion of the board of Directors to 6 (with 4 Directors who also hold an internal role, plus 2 Directors who are external and hold a skill set of legal and financial experience), sat alongside the creation of a Membership Council, which include representatives from each part of the organisation. We also began to develop a steering group made up of clients and members of the community who have accessed our services. This is still in development but the aim of the group will be a two-way relationship which can further our understanding of our client’s needs and ability to access our services, as well giving more opportunity to our clients to design and adapt our services for the future.We remain in touch with the current sector needs and research through engagement with external professional bodies and organisations across education, health and social care in addition to projects with partner universities.
Directors’ remuneration during the year was £8706. Each board member receives a contribution towards their time, which currently stands at a minimum of 1 meeting per month plus interim conversations and meetings with the team as needed.
No transfer of assets other than for full consideration has been made
This report was approved by the board of directors on
22 March 2023
And signed on behalf of the board by:
Name: Rosamund Axon
Status: Director