## **Trustees’ Annual Report for the period** **From 1[st] August 2023 To 31[st] July 2024** ## **Charity name: The City of Hull Young Musicians Friends Association.** ## **Charity registration number: 1003886** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|to advance the musical education of
young persons within the city of Hull
and the surroundingarea| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**We raise funds by serving refreshments**
**at events, running a weekly lottery,**
**making collections after concerts and**
**occasional other events as needed.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**All our funds are used to ensure that**
**young persons are able to achieve their**
**full potential and not limited by their**
**families ability to fund their activities.**| **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**We provide support to students**
**(identified by the music service) by**
**means of bursaries for travel to**
**ensembles, examination fees, music or**
**instrument costs or other support as**
**appropriate.**| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|**All our trustees and committee**
**members are volunteers who give their**
**time freely and are not paid.**| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**During this financial year we took over**
**the administration of funds raised by**
**the local Rotarians group which is**
**specifically used to fund a number of**
**talented students through their school**
**years by covering some of their music**
**tuition fees. Without this support many**
**would be unable to continue to receive**
**lessons and progress. We aim to**
**continue and expand on this work with**
**funds from our own resources. Many**
**students have benefitted from this**
**support and go on to a career in the**
**arts.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|**Sufficient to support our activities.**| |Investment performance
against objectives|Para 1.41|**We do need to move more funds into**
**interest bearing account(s).**| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Our total funds increased significantly**
**due to our taking on the Rotarians**
**funds.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We do not have a policy to hold**
**reserves – we would never commit to**
**spending more funds than are available.**| |Amount of reserves held|Para 1.22|**None**| |Reasons for holding zero
reserves|Para 1.22|**As 1.22 above.**| |Details of fund materially in
deficit|Para 1.24|**None**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**No uncertainties.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**The Weekly lottery (Using the online**
**“OneLottery” system) brings in a**
**regular sum, along with membership**
**fees and funds raised at concerts.**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|**It increasingly hard to recruit new**
**volunteers to the charity. Traditionally**
**we have had parents of some of the**
**students help but since lockdown this**
**seems to have stopped.**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution last updated October 2017**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Small charity with 2 trustees and up to**
**20 volunteers.**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The trustees are volunteers that have**
**now been involved with the charity for**
**over 20 years. Replacement would be**
**done at an AGM by election.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The charity holds committee meetings**
**regularly during the academic year and**
**works with the local Music Service to**
**enhance musical education within the**
**City of Hull.**| |Relationship with any
related parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|City of Hull Young Musicians Friends Association| |---|---| |Other name the charity uses|Friends Association| |Registered charity number|1003886| |Charity’s principal address|c/o The Albemarle Centre
60, Ferensway
Hull
HU2 8LN| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Martin Steven
Clark|Hon Secretary||| ||John Brien|Retired from
committee.||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name None** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**No property owned**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|£22,000.00 was transferred into our account during this
year by the Rotarians who were closing down the charity
they set up to provide bursaries to promising students.| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|We have agreed to continue to administer these funds in
the manner specified and agreed at the time of the
transfer.| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|These funds have been ring fenced by our treasurer. They
are expected to be exhausted over the next two years.| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser None Name of chief executive or names of senior staff members (Optional information)** No staff employed. ~~=———~~ **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## ~~OC~~ **Other optional information** ~~OC~~ ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Martin Steven Clark **Position (eg Secretary,** Secretary **Chair, etc) Date** 31/05/2025 ~~——~~ ||**City Of Hull Young Musicians Friends**|**City Of Hull Young Musicians Friends**|**City Of Hull Young Musicians Friends**|**City Of Hull Young Musicians Friends**||**No (if any)**|||| |---|---|---|---|---|---|---|---|---|---| |||**Association**|||||||| |||||||**1003886**|||| |||**Receipts and payments accounts**||||||**CC16a**|| |**Section A Receipts and payments**
**For the period**
**from**
Period start date
**To**
Period end date
1st August 2023
31st July2024
~~a~~|||||||||| ||**Unrestricted**
**funds**|**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**||**Last year**|| ||**to the nearest**|**to the nearest**
**to the nearest**||**to the nearest**||**to the nearest**||**to the nearest**|**to the nearest**| ||**£**|**£**||**£**||**£**||**£**|| |**A1 Receipts**|||||||||| |Small fundraising projects|**457 **|**7**
**0**||**0**||**457**|**457**|**626**|| |Memberships|**175**|**0**||**0**||**175**|**175**|**434 **|**4**| |Lottery|**1,697 **|**7**
**0**||**0**||**1,697**|**697**|**1,646**|| |Donations|**77**|**77**
**22,000**||**0**||**22,077**|**077**|**605**|| |Raffles and collections|**0**|**0**||**0**||**0**|**0**|**1,247**|**247**| |Songfor Hull|**4,070**|**0**||**0**||**4,070**|**070**|**4,877**|**77**| |Interest on deposit account|**1,710**|**0**||**0**||**1,710**|**710**|**943**|| ||**0**|**0**||**0**||**0**|**0**|**0**|| |**_Sub total_**_(Gross income for_
_AR)_|_(Gross income for_
_AR)_
**8,186**|**8,186**
**22,000**|**22,000**|**0**|**0**|**0**
**30,186**|**30,186**|**10,378**|**10,378**| |**A2 Asset and investment**
**sales**
None
**0**
**0**
**0**
**0**
**0**
**_Sub total_**
**0**
**0**
**0**
**0**
**0**
**_Total receipts_**
**8,186**
**22,000**
**0**
**30,186**
**10,378**
~~——————~~|||||||||| |**A3 Payments**|||||||||| |Music,equipment etc
**12,822**
**0**
**0**
**12,822**
**587 **
Administration
**-**
**0**
**0**
**0**
**149**
Insurance
**134 **
**0**
**0**
**134**
**129**
Myton Bursary
**-**
**746**
**0**
**746**
**34 **
**_Sub total_**
**12,956**
**746**
**0**
**13,702**
**899**
~~SSSSe~~|||||||||**7**
**4**
**899**| |**A4 Asset and investment**
**purchases**
None
**0**
**0**
**0**
**0**
**0**
**_Sub total_**
**0**
**0**
**0**
**0**
**0**
**_Total payments_**
**12,956**
**746**
**0**
**13,702**
**899**
~~——————~~|||||||||| |**_Net of receipts/(payments)_**
**(4,770)**
**21,254**
**0**
**16,484**
**9,479**
**A5 Transfers between funds**
**0**
**0**
**0**
**A6 Cash funds last year end**
**79,940**
**13,657**
**0**
**93,596**
**84,117**
**_Cash funds this year end_**
**75,170**
**34,911**
**0**
**110,080**
**93,596**
~~===>~~|||||||||| 06/06/2025 CCXX R1 accounts (SS) 1 |**Section B Statement of assets**|**and liabilities at the end of the period**|**and liabilities at the end of the period**||| |---|---|---|---|---| |**Categories**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
Signed by one or two trustees
on behalf of all the trustees
**B1 Cash funds**|Barclays
Deposit
~~t~~
Cash
None
**Details**
**_Total cash funds_**
(agree balances with receipts
and payments account(s))
**Details**
**Details**
**Details**
None
**Details**
None
None
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**52,756**
**22,000**
**21,677**
**12,911**
**737**
**-**
**-**
**-**
**-**
**75,170**
**34,911**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost**
**(optional)**
**-**
**Fund to which**
**asset belongs**
**Cost**
**(optional)**
**-**
**Fund to which**
**liability**
**relates**
**Amount due**
**(optional)**
**-**
Print Name||**Endowment**
**funds**
**to nearest £**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**When due**
**(optional)**| |||||| |||||| |||||Date of
approval| |||||| |||||| 06/06/2025 CCXX R2 accounts (SS) 2 City of HUU Young Musldans Friends Assocfatfon Report of Independent Eyaminer for the financi81 year ending 31 st July 2024 Independent Examinerfs Report to the Trustees of City of Hull Young Musicians Friends Association I report to the trustees on my examination of the accounts of the Association for the year ended 31stJuly 2024which are set out on pages 1 to 2 Responsibilities and basis of rewt As the Club's trustees you are responsible for the preparation of the accounts. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any m8ters81 respectr. 1. accounting records were not kept in respect of the Club or 2. the account8 do not accord with those records: I have no concerns and I have come across no other matters in connection with the examination to which attention should be drawn in this report in ertoe ble a proper understsnding of the accounts to be reached. Signed Name-Adrian Al Relevant professional qu8lific8tion or body- FCA Address- 261 knertey Road. Kifkella, HU10 7AQ Date- 26 June 2025 CHARITY COMMISSION FOR ENGLAND AND WALES City 01 Hull Young llusicians Friends No (If any) 1003886 Receipts and paymont8 accounts CC16a For th• perfod Period start date 1slAu 2023 To Period end date 31st Juty 2024 Section A Receipts and payments restrithd funds to tho noare8t to the n•aro•t to th• naar••t to tho noarn8t to the near68t A1 Recel Small fundraising prqects Memberships Lottery Donations Rafftes and collections Song for Hull Interest on deposit accounl 457 175 1.697 457 175 1,697 22.077 626 605 4,070 1.710 Sub total(Gmss incom for AR) 8.186 30,186 10,378 A2 A8•Ot and Inv08t￿ •algs None A3Pa ents Music, equipment etc Administration Insurance Myton Bursary 12,822 587 149 129 134 134 746 746 Sub total A4 A88Ot and Invo8lm•nt Ycha808 Not 0frnce1￿(Payrn•rtsj A5 Transfor8 between ￿Trds A6 Cash funds last year end Cash funds this year end 110.080 93,596 cr￿ Rl accounts {SSI 2610612025 Section B Statement of assets and liabilities at the end of the period Unrestricted Restrictsd End¢)wment to noar•8t £ to noarB8t £ to n￿r•st £ 51756 21.677 737 B1 Cash fvnd• 12.911 75,170 34,911 (agree balancas Mlh recepts arxl payments account(s}> Unr•8tslct•d RMtrlct•d Endowmont fund8 fund• funds to nMre8t £ to n•ar••t £ to near•st £ B2 Oth•r mon•tary a•8•t• None Fund to whlch a8s•t belong• Co•t (optlonal) Curront valuo (optlonal) B3 Invmtment a86•ts None Fund to whlch as8ot b•long• Curr•nt valu• (opttonal) (optlonal) 84 A88•ts r•taln•d for th• charlty'$ own u4• None Fund to vthlch Amount due Ilabillty (optional) relatos Wh•n duo (optional) B5 Llabllfti•s None Signed by one or two trustees on behalf of all the trustees Signature PTinl Name Date of roval CCXX Rzaccounts ISS) IV06nOZ5