MUSIC TALENT & MORE CIC

Company limited by guarantee

Company Registration Number:
16262892 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2026

Period of accounts

Start date: 19 February 2025

End date: 28 February 2026

MUSIC TALENT & MORE CIC

Contents of the Financial Statements

for the Period Ended 28 February 2026

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

MUSIC TALENT & MORE CIC

Directors' report period ended 28 February 2026

The directors present their report with the financial statements of the company for the period ended 28 February 2026

Principal activities of the company

The principal activity of Music Talent and More CIC is to provide opportunities that support the personal, creative and professional development of young people, particularly those aged 16 to 25, including individuals with disabilities and those from disadvantaged backgrounds, through music, arts and creative industry initiatives. The company was established to promote social inclusion by improving access to music education, talent development, mentoring, training and employment pathways within the creative industries. Its objectives include reducing barriers to participation, developing confidence and skills, enhancing wellbeing, and creating opportunities for young people to realise their creative potential. During the financial year, the company focused on developing its programmes, engaging with stakeholders, building strategic partnerships and applying for external funding to support the delivery of its community projects. Although funding applications were unsuccessful during the year, the company continued to strengthen its operational plans and remained committed to achieving its community interest objectives. The directors intend to continue pursuing funding opportunities and collaborative partnerships to expand the organisation's activities and deliver sustainable programmes that provide lasting social, educational and economic benefits to the communities it serves.

Company policy on disabled employees

Music Talent and More CIC is committed to promoting equality, diversity and inclusion in all aspects of its activities. The company is an equal opportunities organisation and does not discriminate on the grounds of disability, age, gender, race, religion, sexual orientation or any other protected characteristic. The company is committed to ensuring that disabled employees, volunteers and participants are treated fairly and with dignity. Recruitment, training, career development and progression are based on merit, skills and ability, with reasonable adjustments made where appropriate to enable disabled individuals to carry out their roles effectively. The company actively promotes an inclusive working environment and seeks to remove barriers that may prevent disabled people from participating fully in employment and community activities. In line with its community interest objectives, Music Talent and More CIC is dedicated to creating opportunities for talented young disabled people aged 16 to 25 to develop their skills, confidence and employment prospects within the music and creative industries.



Directors

The directors shown below have held office during the whole of the period from
19 February 2025 to 28 February 2026

Andrews Owusu-Boamah
 Albert Hanson

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
31 July 2026

And signed on behalf of the board by:
Name: Andrews Owusu-Boamah
Status: Director

MUSIC TALENT & MORE CIC

Profit And Loss Account

for the Period Ended 28 February 2026

2026


£
Turnover: 0
Cost of sales: 0
Gross profit(or loss): 0
Distribution costs: ( 5,000 )
Administrative expenses: ( 30,000 )
Other operating income: 6,000
Operating profit(or loss): (29,000)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (29,000)
Tax: 0
Profit(or loss) for the financial year: (29,000)

MUSIC TALENT & MORE CIC

Balance sheet

As at 28 February 2026

Notes 2026


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 25,000
Investments: 4 15,000
Total fixed assets: 40,000
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments: 5 50,000
Total current assets: 50,000
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 50,000
Total assets less current liabilities: 90,000
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 90,000
Members' funds
Profit and loss account: 90,000
Total members' funds: 90,000

The notes form part of these financial statements

MUSIC TALENT & MORE CIC

Balance sheet statements

For the year ending 28 February 2026 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 31 July 2026
and signed on behalf of the board by:

Name: Andrews Owusu-Boamah
Status: Director

The notes form part of these financial statements

MUSIC TALENT & MORE CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 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 fair value of income receivable by Music Talent and More CIC from its ordinary activities, excluding Value Added Tax (VAT), where applicable. Income includes grants, donations, training and workshop fees, project income, event income and any other services provided by the company. Turnover is recognised when the company has fulfilled its obligations, the amount of income can be measured reliably, and it is probable that the economic benefits will flow to the company. Grant income is recognised when there is reasonable assurance that the conditions attached to the grant have been met and the funding will be received. Donations are recognised when received or when the company has an unconditional entitlement to the funds. During the financial year, the company generated little or no trading income while continuing to develop its activities and seek external funding to support its community interest objectives.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided using the straight-line method to write off the cost of each asset over its estimated useful economic life at rates considered appropriate to the nature of the asset. Assets are reviewed annually for impairment where events or changes in circumstances indicate that the carrying value may not be recoverable.

MUSIC TALENT & MORE CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 2. Employees

    2026
    Average number of employees during the period 2

MUSIC TALENT & MORE CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 0 6,000 12,000 7,000 25,000
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 28 February 2026 0 0 6,000 12,000 7,000 25,000
Depreciation
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 28 February 2026 0 0 0 0 0 0
Net book value
At 28 February 2026 0 0 6,000 12,000 7,000 25,000

MUSIC TALENT & MORE CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

4. Fixed assets investments note

No fixed assets investments

MUSIC TALENT & MORE CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

5. Current assets investments note

The company held no current asset investments during the financial year. The carrying value of current asset investments at the balance sheet date was **£0**.

COMMUNITY INTEREST ANNUAL REPORT

MUSIC TALENT & MORE CIC

Company Number: 16262892 (England and Wales)

Year Ending: 28 February 2026

Company activities and impact

During the financial year, Music Talent and More CIC remained committed to its social purpose of supporting talented young people aged 16–25, particularly those living with disabilities, by creating opportunities to develop their creative, musical and personal skills. Although the organisation was unsuccessful in securing external funding during the year, it continued to advocate for greater inclusion and equal access to opportunities within the creative industries. Significant time and effort were invested in researching and applying for grants and funding programmes that would enable the delivery of music training, mentoring, workshops and career development opportunities for disabled young people. While these applications were not successful, they strengthened the organisation's strategic planning, partnerships and readiness to deliver impactful programmes once funding is secured. The organisation has continued to raise awareness of the barriers faced by disabled young people seeking careers in music and the creative sector and has engaged with stakeholders to promote the importance of inclusive talent development. This work has helped build the foundation for future projects that aim to reduce inequality, improve confidence, develop employability skills and increase participation in creative activities. Music Talent and More CIC remains dedicated to its mission of empowering young disabled people through music and creativity and will continue pursuing funding opportunities to deliver sustainable community programmes that create lasting social, educational and economic benefits.

Consultation with stakeholders

During the financial year, Music Talent and More CIC consulted with a range of stakeholders, including talented young people aged 16–25, particularly those with disabilities, their families and carers, community organisations, music professionals, educators, and potential funding bodies. Consultation was carried out through informal discussions, meetings, networking events, email correspondence, and feedback received during funding applications and engagement with community partners. These conversations helped the company better understand the barriers faced by disabled young people in accessing music education, training, mentoring, and employment opportunities within the creative industries. Feedback from stakeholders highlighted the need for accessible, affordable, and inclusive music programmes, as well as greater support for career development, confidence building, and pathways into the music industry. In response, the company refined its proposed programme delivery, strengthened its funding strategy, and continued developing partnerships with organisations that share its commitment to inclusion and equal opportunity. Although the company was unsuccessful in securing funding during the financial year, stakeholder feedback has informed future project planning and reinforced the organisation's commitment to delivering high-quality, accessible services that meet the needs of disabled young people. Music Talent and More CIC will continue engaging with stakeholders to ensure its activities remain relevant, responsive, and capable of delivering meaningful social impact.

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
31 July 2026

And signed on behalf of the board by:
Name: Andrews Owusu-Boamah
Status: Director