THE REAL POWER OF MUSIC CIC

Company limited by guarantee

Company Registration Number:
09631243 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

THE REAL POWER OF MUSIC CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE REAL POWER OF MUSIC CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The company exists to offer those most in need the chance to access music. We look to work with our four key demographics (the elderly, children, those in social or economic deprivation, and those with disabilities).



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Alex McNeice
Hannah Amy Grover


The director shown below has held office during the period of
27 October 2023 to 30 June 2024

Lewis Glenn Foreman


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 February 2025

And signed on behalf of the board by:
Name: Alex McNeice
Status: Director

THE REAL POWER OF MUSIC CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 7,629 814
Cost of sales: ( 7,000 )
Gross profit(or loss): 629 814
Administrative expenses: ( 424 ) ( 333 )
Operating profit(or loss): 205 481
Profit(or loss) before tax: 205 481
Profit(or loss) for the financial year: 205 481

THE REAL POWER OF MUSIC CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 158 158
Cash at bank and in hand: 790 690
Total current assets: 948 848
Creditors: amounts falling due within one year: 4 ( 909 ) ( 1,015 )
Net current assets (liabilities): 39 (167)
Total assets less current liabilities: 39 ( 167)
Total net assets (liabilities): 39 (167)
Members' funds
Profit and loss account: 39 ( 167)
Total members' funds: 39 (167)

The notes form part of these financial statements

THE REAL POWER OF MUSIC CIC

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 February 2025
and signed on behalf of the board by:

Name: Alex McNeice
Status: Director

The notes form part of these financial statements

THE REAL POWER OF MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

THE REAL POWER OF MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE REAL POWER OF MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 2023
£ £
Other debtors 158 158
Total 158 158

THE REAL POWER OF MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 645 615
Accruals and deferred income 264 400
Total 909 1,015

COMMUNITY INTEREST ANNUAL REPORT

THE REAL POWER OF MUSIC CIC

Company Number: 09631243 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

We provide music and singing groups for those in need in the community. The groups offer the following benefits: Social cohesion (both between people with dementia and the community, and members of the retired population) Mental health (many reports show the well-being benefits of group singing) Physical health (many reports show the physical benefits of singing, particularly in older individuals). We are involved with a variety of projects, and will be initiating new projects as the need arises.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 February 2025

And signed on behalf of the board by:
Name: Alex McNeice
Status: Director