IRIS Accounts Production v25.4.0.155 Other Company accounts True false Pounds 1.4.24 31.3.25 31.3.25 FY Mrs A O'Reilly I Piper Dr S Pitt M Buchan D Barton A W T Tait FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true false true true true false true false true iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06778249 2024-03-31 06778249 2025-03-31 06778249 2024-04-01 2025-03-31 06778249 2023-03-31 06778249 2023-04-01 2024-03-31 06778249 2024-03-31 06778249 ns0:CharitableCompanyLimitedByGuarantee 2024-04-01 2025-03-31 06778249 ns15:PoundSterling 2024-04-01 2025-03-31 06778249 ns0:Trustee2 2024-04-01 2025-03-31 06778249 ns0:Trustee3 2024-04-01 2025-03-31 06778249 ns0:Trustee4 2024-04-01 2025-03-31 06778249 ns0:Trustee1 2024-04-01 2025-03-31 06778249 ns0:Trustee5 2024-04-01 2025-03-31 06778249 ns0:Trustee6 2024-04-01 2025-03-31 06778249 ns11:FRS102 2024-04-01 2025-03-31 06778249 ns0:IndependentExaminationCharity 2024-04-01 2025-03-31 06778249 ns11:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06778249 ns11:FullAccounts 2024-04-01 2025-03-31 06778249 ns0:CharitiesSORP 2024-04-01 2025-03-31 06778249 2 2024-04-01 2025-03-31 06778249 ns16:EnglandWales 2024-04-01 2025-03-31 06778249 ns11:RegisteredOffice 2024-04-01 2025-03-31 06778249 ns11:CompanySecretary1 2024-04-01 2025-03-31 06778249 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 06778249 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 06778249 ns0:Activity8 2024-04-01 2025-03-31 06778249 ns0:Activity8 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 06778249 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 06778249 ns0:Activity8 2023-04-01 2024-03-31 06778249 ns0:TotalUnrestrictedFunds 2024-03-31 06778249 ns0:TotalRestrictedIncomeFunds 2024-03-31 06778249 ns0:TotalUnrestrictedFunds 2025-03-31 06778249 ns0:TotalRestrictedIncomeFunds 2025-03-31 06778249 ns10:WithinOneYear 2025-03-31 06778249 ns10:WithinOneYear 2024-03-31 06778249 ns10:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 06778249 ns10:ComputerEquipment 2024-04-01 2025-03-31 06778249 2 2024-04-01 2025-03-31 06778249 3 2024-04-01 2025-03-31 06778249 ns10:OwnedAssets 2024-04-01 2025-03-31 06778249 ns10:OwnedAssets 2023-04-01 2024-03-31 06778249 ns0:TotalUnrestrictedFunds 2023-04-01 2024-03-31 06778249 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 06778249 ns0:Activity8 ns0:TotalUnrestrictedFunds 2023-04-01 2024-03-31 06778249 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 06778249 ns10:FurnitureFittings 2024-03-31 06778249 ns10:ComputerEquipment 2024-03-31 06778249 ns10:FurnitureFittings 2024-04-01 2025-03-31 06778249 ns10:FurnitureFittings 2025-03-31 06778249 ns10:ComputerEquipment 2025-03-31 06778249 ns10:FurnitureFittings 2024-03-31 06778249 ns10:ComputerEquipment 2024-03-31

REGISTERED COMPANY NUMBER: 06778249 (England and Wales)

REGISTERED CHARITY NUMBER: 1128586

| REPORT OF THE TRUSTEES AND |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| FUSION PLUS |

| FUSION PLUS |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

| Page |

| Report of the Trustees | 1 |  | to |  | 4

| Independent Examiner's Report | 5 |

| Statement of Financial Activities | 6 |

| Balance Sheet | 7 |

| Notes to the Financial Statements | 8 |  | to |  | 15

| FUSION PLUS (REGISTERED NUMBER: 06778249) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 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

Mission Statement

Music Fusion aims to access and engage children / young people through music. Our activities encompass our key objectives:

Key Objectives

1. |  | To advance in life and help children and young people by organising programmes of music and related activities so as to develop their skills, capacities, and capabilities to enable them to participate in society as independent, mature and responsible individuals. |

2. |  | To advance the arts, in particular the art of music for public benefit. |

3. |  | To advance the education of the public, in particular children and young people and those who assist young people in music and related arts. |

Public Benefit

The trustees confirm that they have referred to the guidance contained in the charity commission's general guidance on public benefit when reviewing the charity's aims and objectives and planning future activities. The trustees refer to public benefit throughout this report.

| FUSION PLUS (REGISTERED NUMBER: 06778249) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE

Public Value

Since setting up as an independent charity in 2009, Music Fusion have continued to develop appropriate systems of governance and delivery. We have successfully raised the required funding to deliver a complete and appropriate programme of activity. We have continued to develop our highly successful progression routes to encourage engagement, progression and excellence.

Provision

Skills on offer included MCing, freestyling, singing, music tech and instrumental skills (bass, guitar, drums, keyboards, vocals). These sessions are ideal places for agencies to refer young people who are regarded as at risk. We worked with our local authorities, youth justice teams, children and adult services, special education units and wider young people's charities.

Progression opportunities

Our programme continued to offer progression opportunities for our young people. This included free rehearsal / recording at our own East Street Studio. We offered live performance opportunities. We promoted our young artists via our extensive social media presence. Our workshops provided excellent diversionary activity for young people. It taught them transferable skills such as teamwork, communication, negotiation, professionalism, critical thinking and empathy as well as boosting their confidence, self-esteem and resilience. .

Music Lab - supporting young artist development.

Music Lab provided regular sustained music making opportunities that enabled young people to progress their skills through taster sessions, 1-2-1 mentoring, rehearsing, recording and performing as well as artist development. The programme specialised in contemporary genres / new music.

Mavericks - offering young people facing tough times a safe place to co-create, explore and make music.

Mavericks is an ongoing project that bridges feuding communities through music. Mavericks shows the path to a bigger picture, a better perspective. Going to prison for a postcode or a rift on social media is the biggest waste of a life. The project brings everyone together to celebrate their individual talents and show how people from different areas can put aside their differences, make peace and collaborate to make great things happen.

Music Leader Training Programme - opportunities for continuing professional development.

Music Fusion have continued our programme where we took young people who had excelled at Music Fusion and trained them up to become paid Music Leaders. The programme was successful and now we have six young people who now work for us. Music Fusion see the value of employing our young participants as Music Leaders:

o They have lived experience of the same challenges our young people face.

o They have attended Music Fusion as a young person and understand how our programme works first hand.

| FUSION PLUS (REGISTERED NUMBER: 06778249) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

FINANCIAL REVIEW

Music Fusion raised £140,351 in funding during 2024-25. This came from a range of sources / partners including Hampshire County Council, The Children In Need and Youth Music. A proportion of our income came from organisations who raised their own funds to buy in our services. Music Fusion raised a proportion of our income through donations and corporate social responsibility.

Reserve Policy

Our strategic plan outlines that we should build our reserves to £70,000 (6 months' worth of trading). Our strategic plan also outlines a PLAN B, which would be instigated if our core Youth Music funding were reduced or dropped entirely.

Plans for the future

Our aims and objectives continue to inspire the development of our existing programme as well as consultation with our partners / young people which is helping to develop new programmes for 2025-30.

Through our Music Leader Training programme we are investing in the next generation of Music leaders, ensuring we remain inclusive, relevant and authentic in our offer.

Music Fusion are very much aware that our current economic environment is a strong threat to our sector. Our strategic plan has been revisited to maximise our security, income diversity, resilience and sustainability during this period. We have built on a set of key mitigations to address potential threats including loss of income, venue, partners and young people. Through this ongoing strategy we have continued to reduce our overheads and increase engagement / outputs.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Induction and training of trustees

Trustees are given an induction including guidelines for the responsibilities of trustee directors, last years independently examined accounts, the minutes from at least three previous meetings, our strategic plan and the Memorandum and Articles of Association.

Organisation

The board of trustee directors administers the Charitable Company. The board meets at least three times a year. It decides over all policy for the organisation based on its objectives and delegates the day-to-day management to the chief executive officer, who is not a member of the board and is a paid employee of the charitable company.

Umbrella / related parties

Youth Music has provided essential funding to the Charitable Company from 2009. Programmes in Portsmouth, Havant, Gosport and Fareham were hence referred to as the 'Youth Music Action Zone'. In April 2012 Youth Music restructured the way they distributed their funds. Youth Music Action Zones were disbanded. Youth Music are no longer an umbrella / related party.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06778249 (England and Wales)

Registered Charity number

1128586

Registered office

The Spring Arts & Heritage Centre

56 East Street

Havant

Hampshire

PO9 1BS

| FUSION PLUS (REGISTERED NUMBER: 06778249) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

Trustees

I Piper |  |

D Barton |  |

Miss E West-Thomas |  |

M Buchan |  |

A Tait |  |

R Collett |  |

K Loader |  |

Chief Executive

J Prowse

Company Secretary

J Prowse

Independent Examiner

Stuart Mackie

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

Bankers

NatWest

130 - 132 Commercial Road

Portsmouth

Hampshire

PO1 1EJ

The charity operates under the name Music Fusion.

Approved by order of the board of trustees on 8 December 2025 and signed on its behalf by:

M Buchan - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

FUSION PLUS

Independent examiner's report to the trustees of Fusion Plus ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. | the accounts do not accord with those records; or

3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Stuart Mackie

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

9 December 2025

| FUSION PLUS |

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2025

| 2025 |  | 2024

| Unrestricted |  | Restricted |  | Total |  | Total

| funds |  | funds |  | funds |  | funds

| Notes | £ | £ | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 2 | 28,961 |  | - |  | 28,961 |  | 6,444 |

Charitable activities | 3

Music delivery sessions and music studio | 60,304 |  | 51,085 |  | 111,389 |  | 160,248 |

Total | 89,265 |  | 51,085 |  | 140,350 |  | 166,692 |

EXPENDITURE ON

Charitable activities | 4

Music delivery sessions and music studio | 99,936 |  | 77,358 |  | 177,294 |  | 144,302 |

NET INCOME/(EXPENDITURE) | (10,671 | ) | (26,273 | ) | (36,944 | ) | 22,390 |

Transfers between funds | 15 | (26,273 | ) | 26,273 |  | - |  | - |

Net movement in funds | (36,944 | ) | - |  | (36,944 | ) | 22,390 |

RECONCILIATION OF FUNDS

Total funds brought forward | 136,705 |  | - |  | 136,705 |  | 114,315 |

TOTAL FUNDS CARRIED FORWARD | 99,761 |  | - |  | 99,761 |  | 136,705 |

| FUSION PLUS (REGISTERED NUMBER: 06778249) |

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS |

Tangible assets | 11 | 750 |  | 1,499 |

CURRENT ASSETS |

Debtors | 12 | 7,721 |  | 12,207 |

Cash at bank and in hand | 98,658 |  | 129,038 |

106,379 |  | 141,245 |

CREDITORS |

Amounts falling due within one year | 13 | (7,368 | ) | (6,039 | )

NET CURRENT ASSETS | 99,011 |  | 135,206 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 99,761 |  | 136,705 |

NET ASSETS | 99,761 |  | 136,705 |

FUNDS | 15

Unrestricted funds | 99,761 |  | 136,705 |

TOTAL FUNDS | 99,761 |  | 136,705 |

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 8 December 2025 and were signed on its behalf by:

M Buchan - Trustee

| FUSION PLUS |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The trustees consider that there are no material uncertainties regarding the charity's ability to continue as a going concern.

| 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.

| 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.

| Tangible fixed assets

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

| Fixtures and fittings | - | 10% on cost

| Computer equipment | - | 33% on cost

| Individual fixed assets costing £100 or more are capitalised at cost.

| Taxation

| The charity is exempt from corporation tax on its charitable activities.

| Fund accounting

| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

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

| FUSION PLUS |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

1. | ACCOUNTING POLICIES - continued

| Financial instruments

| The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and investments in stocks and shares.The measurement basis used for these instruments is detailed below.

| Debtors and cash at bank

| Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand included cash held on deposit or in a current account.

| Creditors and provisions

| Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2. | DONATIONS AND LEGACIES

| 2025 |  | 2024

£ | £ |

| Donations | 28,961 |  | 6,444 |  |

3. | INCOME FROM CHARITABLE ACTIVITIES

| 2025 |  | 2024

| Activity | £ | £ |

| Grants |  | Music delivery sessions and music studio | 80,153 |  | 99,917 |  |

| Other income |  | Music delivery sessions and music studio | - |  | 393 |  |

| Invoiced income |  | Music delivery sessions and music studio | 31,236 |  | 59,938 |  |

111,389 |  | 160,248 |  |

| Grants received, included in the above, are as follows:

| 2025 |  | 2024

£ | £ |

| Arts Council of England | 365 |  | - |  |

| Youth Music | 51,085 |  | 25,995 |  |

| BBC Children in need | 14,750 |  | - |  |

| Blagrave Trust | - |  | 16,500 |  |

| Mavericks | - |  | 57,422 |  |

| ASDA | 1,583 |  | - |  |

| Co-op Neighbourly | 10,000 |  | - |  |

| NHS Mind | 2,370 |  | - |  |

80,153 |  | 99,917 |  |

| FUSION PLUS |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | CHARITABLE ACTIVITIES COSTS

| Direct | Support |

| Costs (see | costs (see |

| note 5) | note 6) | Totals

£ | £ | £ |

| Music delivery sessions and music studio | 138,667 |  | 38,627 |  | 177,294 |  |

5. | DIRECT COSTS OF CHARITABLE ACTIVITIES

| 2025 |  | 2024

£ | £ |

| Staff costs | 55,974 |  | 36,360 |  |

| Music leader fees | 76,804 |  | 61,135 |  |

| Equipment purchased | 554 |  | 277 |  |

| Venue hire | 5,335 |  | - |  |

138,667 |  | 97,772 |  |

6. | SUPPORT COSTS

| Governance |

| Management |  | costs |  | Totals

£ | £ | £ |

| Music delivery sessions and music studio | 37,633 |  | 994 |  | 38,627 |  |

| Support costs, included in the above, are as follows: |

| Management |

| 2025 |  | 2024

| Music |

| delivery |

| sessions |

| and music |  | Total

| studio |  | activities

£ | £ |

| Wages | 15,799 |  | 23,309 |  |

| Social security | 533 |  | 2,251 |  |

| Pensions | 400 |  | 575 |  |

| Rent | 12,250 |  | 12,199 |  |

| Insurance | 1,799 |  | 1,867 |  |

| Telephone | 662 |  | 712 |  |

| Office expenses | 2,875 |  | 2,398 |  |

| Sundries | 369 |  | 371 |  |

| Travel expenses | 467 |  | 265 |  |

| Bank Charges | 192 |  | 155 |  |

| Bookkeeping and payroll costs | 60 |  | 72 |  |

| Subscriptions | - |  | 162 |  |

| Training | 1,434 |  | - |  |

| Advertising and marketing | 44 |  | - |  |

| Depreciation of fixed assets | 749 |  | 1,234 |  |

37,633 |  | 45,570 |  |

| FUSION PLUS |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | SUPPORT COSTS - continued

| Governance costs |

| 2025 |  | 2024

| Music |

| delivery |

| sessions |

| and music |  | Total

| studio |  | activities

£ | £ |

| Independent examiner's fees | 994 |  | 960 |  |

7. | NET INCOME/(EXPENDITURE)

| Net income/(expenditure) is stated after charging/(crediting): |

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | 749 |  | 1,305 |  |

| Other operating leases | 12,250 |  | 12,199 |  |

8. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

| Trustees' expenses

| During the year no trustees (2024: none) were reimbursed out of pocket expenses (2024: £Nil).

9. | STAFF COSTS

| 2025 |  | 2024

£ | £ |

| Wages and salaries | 71,773 |  | 59,669 |  |

| Social security costs | 533 |  | 2,251 |  |

| Other pension costs | 400 |  | 575 |  |

72,706 |  | 62,495 |  |

| Key management personnel consist of the Chief Executive Officer of which total remuneration for the year was £39,500 (2024: £36,635)

| The average monthly number of employees during the year was as follows:

| 2025 |  | 2024

| Direct charitable | 2 |  | 2 |  |

| No employees received emoluments in excess of £60,000.

| FUSION PLUS |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

10. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted |  | Restricted |  | Total

| funds |  | funds |  | funds

£ | £ | £ |

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 6,444 |  | - |  | 6,444 |

| Charitable activities

| Music delivery sessions and music studio | 96,831 |  | 63,417 |  | 160,248 |

| Total | 103,275 |  | 63,417 |  | 166,692 |

| EXPENDITURE ON

| Charitable activities

| Music delivery sessions and music studio | 69,491 |  | 74,811 |  | 144,302 |

| NET INCOME/(EXPENDITURE) | 33,784 |  | (11,394 | ) | 22,390 |

| Transfers between funds | (11,394 | ) | 11,394 |  | - |

| Net movement in funds | 22,390 |  | - |  | 22,390 |

| RECONCILIATION OF FUNDS

| Total funds brought forward | 114,315 |  | - |  | 114,315 |

| TOTAL FUNDS CARRIED FORWARD | 136,705 |  | - |  | 136,705 |

11. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 and 31 March 2025 | 25,524 |  | 22,714 |  | 48,238 |  |

| DEPRECIATION

| At 1 April 2024 | 25,524 |  | 21,215 |  | 46,739 |  |

| Charge for year | - |  | 749 |  | 749 |  |

| At 31 March 2025 | 25,524 |  | 21,964 |  | 47,488 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | 750 |  | 750 |  |

| At 31 March 2024 | - |  | 1,499 |  | 1,499 |  |

| FUSION PLUS |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

12. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Trade debtors | 6,596 |  | 12,207 |  |

| Prepayments | 1,125 |  | - |  |

7,721 |  | 12,207 |  |

13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Trade creditors | 4,781 |  | 3,448 |  |

| Other creditors | 1,627 |  | 1,673 |  |

| Accrued expenses | 960 |  | 918 |  |

7,368 |  | 6,039 |  |

14. | ANALYSIS OF NET ASSETS BETWEEN FUNDS

2025 | 2024 |

| Unrestricted |  | Restricted |  | Total |  | Total

| funds |  | funds |  | funds |  | funds

£ | £ | £ | £ |

| Fixed assets | 750 |  | - |  | 750 |  | 1,499 |  |

| Current assets | 106,379 |  | - |  | 106,379 |  | 141,245 |  |

| Current liabilities | (7,368 | ) | - |  | (7,368 | ) | (6,039 | ) |

99,761 |  | - |  | 99,761 |  | 136,705 |  |

15. | MOVEMENT IN FUNDS

| Net |  | Transfers |  |

| movement |  | between |  | At |

| At 1.4.24 |  | in funds |  | funds |  | 31.3.25 |

£ | £ | £ | £ |

| Unrestricted funds

| General Funds | 136,705 |  | (10,671 | ) | (26,273 | ) | 99,761 |  |

| Restricted funds

| Youth Music | - |  | (26,273 | ) | 26,273 |  | - |  |

| TOTAL FUNDS | 136,705 |  | (36,944 | ) | - |  | 99,761 |  |

| Net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General Funds | 89,265 |  | (99,936 | ) | (10,671 | ) |

| Restricted funds

| Youth Music | 51,085 |  | (77,358 | ) | (26,273 | ) |

| TOTAL FUNDS | 140,350 |  | (177,294 | ) | (36,944 | ) |

| FUSION PLUS |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

15. | MOVEMENT IN FUNDS - continued

| Comparatives for movement in funds

| Net |  | Transfers |  |

| movement |  | between |  | At |

| At 1.4.23 |  | in funds |  | funds |  | 31.3.24 |

£ | £ | £ | £ |

| Unrestricted funds

| General Funds | 114,315 |  | 33,784 |  | (11,394 | ) | 136,705 |  |

| Restricted funds

| Youth Music | - |  | (11,394 | ) | 11,394 |  | - |  |

| TOTAL FUNDS | 114,315 |  | 22,390 |  | - |  | 136,705 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General Funds | 103,275 |  | (69,491 | ) | 33,784 |  |

| Restricted funds

| Youth Music | 63,417 |  | (74,811 | ) | (11,394 | ) |

| TOTAL FUNDS | 166,692 |  | (144,302 | ) | 22,390 |  |

| General Fund

| This consists of the general unrestricted activities of the charity, which includes 1:1 / group studio time, recording, production and performance opportunities, as well as other activities and core costs.

| Youth Music

| This is a project to fund music activities for young people.

| Transfers between funds

| The transfer between unrestricted to restricted funds this year was to fund a shortfall on restricted funding.

| FUSION PLUS |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

16. | RELATED PARTY DISCLOSURES

| There were no related party transactions for the year ended 31 March 2025.

17. | ULTIMATE CONTROLLING PARTY

| The charitable company is not under the control of another entity or any one individual.