2025-08-31-accounts

mailes Goldie CHAA TERED ACCOUNfAP4TS REGISTERED CHARITY NUP41BER: 1076867 Northern Academy of Performing Arts Educational Trust Financial Statements 31 st August 2025 I¢AÉW CHAf¢TERED ACCOVNTANTS

Northern Academy ofPgrforming Arts Edu¢ati¢nal Trust Contants of the Financial Statements for the year gnded 31st August 2025 Pagè Reforgncg and Administrative Detalls Chaimian's Report Report of the Trustees, 9 10 10 Independent ExamI￿r,9 Roport Statement of Flnanclal Acllvltles 12 Balanc• Sh88t Cash Flow Statement 14 Nots5 to the Cash Flow Statsment Notes to the Financial Ststsmonts 16 10 23

Northern Academy of Perfomilng Arts Educational Trust Reference and Admlnl$tratlv& Details for the yèar ended 31st August 2025 TRUSTEES C Gruca (chair from 30151251 K Butler J M 81enkam {Chairl (resigned 30.4.20251 SPKind G Farringlon (resigned 30.4.2025} L Pearson (appointed 1.9.20241 (resigned 30.4.2025} C Ballingham lappoinled 1.9.20241 Iresigned 30.4.2025) H Dunn lappoinled 1.9.20241 Iresigned 30.4.20251 PRINCIPAL ADDRESS 50 Anlaby Road Hull East Yorkshire HU12PD REGISTERED CHARITY NUMBER 1076867 INDEPENDENT EXAMINER Smalles Goldie Chartered Accountsnls Regent's Court Prfncess Street Hul East Yorkshire HU2 88A BANKERS Barclays 8ank PLC Hull Corporate Banking Cenlfe Hull East Yorkshire HU1 1RN CHIEF EXECUTIVE OFFICER Carl W)ealley (resigned 31171251 DIRECTOR OF OPERATIONS Jamie Wllks lappoinled 31171251 DIRECTOR OF EDUCATION Katie Wright (appointed 31t71251 Page I

Northem Acaderny ofP•rfomilng Arts Educational Trust Chairman's Report for thg yoar ended 31st August 2025 The Trust's achievements forthe year are summarised by our Director of Operations Jamie Wilks and Dire¢tor of Education Katie Wright, as follows". Introduction NAPA is a pioneering perfomiing arts charity for adults and children, offering dasses in dance, acting and mu$i¢al theatre. We run a full-time Level 3 Performing and Products'on Arts course in partnerghip wlth Wilberforce College, and UAL (University of the Arts, London). INe also run a highly successful School Outreach Programme, working wlh local primary schools on children'9 performing arts skills. Ourhome Many of our students go on lo WO￿ in the industry, bul our main aim is lo inspire seff-confKlence, communication skills and self-worth in the hundreds of students who attend our classes every week. NAPA School Over the full academic year, we had over 789 individual students tske part in the 'NAPA School'_ our extra. curricular activit￿S that run weekly during term lime and as school holiday5 clubs. We ran dasses in Acting. Musical Theatre and Dance for young people aged be￿een 2 to 22. Alongside these we ran several classes for adults, Adutt Musi¢al Theatre, Adult Acting. Adult Tap, Adult Ballet. Over 55s Drama, and a Visually Impaired Perfomier Class. We managed lo hold Class prices and not pass any increase$ onlo our customers this year, lo make our activities as financially accessible as possible Page 2

Northern Acad•my of Parfomiing Arts Educational Trust Chaimian'6 Report ¢onUnugd This year due to several enquires we also ran a one-year intensive GCSE Drama course wlh 6 students enrolled. All students passed the GCSE, achieving 3 x Grade 6, 2 x Grade 5, 1 x Grade 4. Musical Theatre classes worked towards perfoman¢es in our studio theatre., Christmas Cracker. CATS Jr, Peter Pan Jr, Our Heuse, Spring Awakening, High School MLJsical 2, and end Of term Showcases. Ws also $laged a large-sca18 musical theat￿ pr(￿UctIon of ANNIE, at Hull Truck Theatr8 in April 2025. Over 70 young ople auditioned to be in the show and the final cast gave 36 young peop￿ the opportunity to tske part In a professional standard production at a major regional venue in front of a widei putslic audien¢e ANNIE- Hull Twck Theatre Our Acting classes staged perforMan￿s., Hansel and Gretel, The Sin5 Within. The BFG, & NffJht of The Living Dead. We had two students enter LAMDA acting exams both achieving Distinction. We entered 19 students for London College of Music Singing Exams all achieved high marks wlh eilher distinction or merits awarded NAPA5 dance department had another busy year, alongside their annual dance performance featuring over 200 students at The Middleton Hall, they also staged a Dance festival showcase in the NAPA theatre. They entered several festivals and competitions over the year including Hull Music Festival, Euphoria Dance Festival, and Can You Dance in Sheffield. A group of student5 perfomed several piece5 al the Humberside Police Lifestyle Awards, representing achievements of young people across the city. Our male identfying Dan Troupe 'EMERGENCE' filmed a dance music video on location at Bail Wood Scout Campsite. NORTHERN STARS 2025 Page 3

Northorn Acadamy of Performing Arts Educational Trust Chalmian'$ Report continued Our VIPS and Over 55's actors staged their double bill al the beginning of October. This was very well received, and ticket sales were good. These groups not only leach valuable skills but also combat loneliness and are a real support to P8rti¢ipanls. They went on to work on a show titled'when Cannons Were Roaring, a project part funded by the Hull Marilime Project that was designed lo raise public awareness ol a local heritage based around the Hull South Block House. The showtoured to several venues, Hull Minster. Hymers College, Victoria Dock village Hall and NAPA. It was very well attended, and we have some fantastic feedback from audiences and those taking part in Ihe project. They also look part in two other community projects. Freedom Festival 2025 and High Windows as part of the Avenues Open Gardens event. NAPA Colle The fourth year of the full-time course IUAL Level 3 Perfomiing and Production Arts) started wlh 15 new students enrolling bringing our total number of full-lime students to 27. Throughout the year they staged several public perfomiances CL¢lminatsng in a joint final major project the musical 'THE BOY FRIEND,. This year we also saw the launch of a new fLJII-time course in partnership with Wilberforce College IUAL Level 4 Professional Diploma in Performance). Recognising a need in the region for qualkty training beyond level 3 for those students taking gap years, not yel ready lo leave home or maybe not achieving their first choices of higher education pla￿ment straight after sixth form and wanting lo continue to develop and grow. After initia5 advertising we auditioned over 20 Students forlhe course and accepted 15 onto thefirsl yearlo start September 2025. Level 3 Destinations Many of our lull-time student5 go on to audf(ion for degree level training al a range of top performing art$ schools across the UK- average of 5 applications per student. All students saw some 5ucces$ in the fom of inleNiews and recall auditions (Many performing arts schools take just 12 students per year group- e.g. al ArtsEd the successful application rale is lower Ihan Oxford Univeisily and Royal Welsh Conservatoire have approx. 3000 applic8nls and approx. 250 make il through lo the 2nd roundlrecall auditions). 8 students secured places on BA ¢ourses. 1 student sewred BA in Actor Musicianship al Mounlview College 4 student sewred BA in Musical Theatre al Perfomeis College 1 student secured BA in Acting al Performers College 1 Student secured BA in Mugical Theatre at the University of Lhcoln 2 Stijdents secured HNC in Performing Arts at Hull College All perfomiance pathway students We￿ offered at least 1 pla¢e al a school 8 have taken a gap year, t continue to develop their skill sets and performance experience and re-apply next year to have a stronger hance at an excellence pathway at top schools. 6 students are retuming as students on the new Level 4 course. NAPA Outreach We saw a drop in the number of schools who've signed up for the Otrtreach programrne, all due to school budget conslraint5. 16 school$ signed up for the coming year. This is a reduction from 18 schools last year. De5pf(e the drop we are still delivering vf(al perfomiing arts experiences lo approximately 3300 students weekly, enriching their day-to4ay school lives and benefrtling them in many ways i.e. physi¢al aclivily. creative exp￿sSiOn, confidence, team building, language skills, musicality. Events and Performance5 Over ￿ Sundays, 8th & 15lh Septernber we opened the building to the public a5 Part of the Hentage Open days. We had as several small group5 tours each day, all who attended were extremely interested lo find out more about the building and f(s history. Page 4

Northern Acad&my of Porforming Arts Educational Trust Chaimian's R&port contlnuod Below 1$ a Ilst of all other public ￿rformanCeS and event NAPA took part in ovgr thè academic year Date Event 0￿F EnglandI￿nClaY Moinln Dance Fesiiv;Il Shu'wici)Se An Evening In5 Ired bythe musical Salad Days NAPA FANS.. Quiz Ni hl RENT Company NAPA VIPS and Over 55's Acin NAPA &hotsl NAPA College Fun(J¥¥)i%ifig Event Exteinal Hire- kknll Univeisl Performing Arts Soclety NAPA Ouiri'.ach NAPA Outreach NAPA CollLbgie Fundr8lsing Event NAPA hllol NAPA School EAtLirnil Hire. The Chdmeleon Playors NAPA School NAPA khool Fundrgising Eveni NAPA khool NAPA School NAPA khool NAPA VIPS and Over 55's Aciing Cxass NAPA Collcgc NAPA khool NAPA School NAPAkhool NAPA Schuol NAPA School NAPA School NAPA School Sep.24 Nnv.24 Nov-24 Ni)v.24 arthe Centre of the WDrld aass Nov-24 SI GL'aof41L" Prim(Iry Schvi)I XincJS Show Collingwood Prima School Xmas Show Changing PprspectivEs An(Jrew an(J Padd 's Q)rlsrmas Conceri Chi Isinias Cr3cker.- PriFndly Musical Tlieaire thri5tma5 Show (hri5tmas O en aass.. Pre Primary Musical Theatre ThL, (ALimL.Icvn Plrjyilis D()ublLi Bill G4TSthe Muslcal INFLUEN(ED- GCSE Di(Imd NAPA Red and 81ack Gala Tlie Sins Within-. IriierinL,diaie 2nd Senior Acting Showcase Peier Pan (Tue & Wed Group) Peiei Pan ISalurdJy Groupl When Cannons Were Ro8rine- rhe Story of Hull's &uih Blockhouse Ali Evp.nin ()f DiiVl%Q.d Piece%- UALPiojecl 2 Han5el and Greiel Our HuusL Spring Awakenlne High Srhnnl MiJ%irrf112 ITur.%day Croup) h School Musical 2 (Saturday Grou ANNIE- HLIII Truck Th￿atrO The BFG (Junior Acting Showca5el Jan-25 Dec-24 Dei-24 Dec.24 Jan-25 F(.,b-25 Feb-25 FL>b-25 Feb-25 Mai-2 MBr-25 Mdr-25 M3r-25 MJy-25 May-25 M4?y-25 -25 Apr-25 Jun-25 NAPA CDllegc Exiern81 Hire Wilberforce Cblle NAPA Srlir)t)I NAPA School NAPA School NAPA Outreach NAPA Outfecich NAPA School NAPA S(.'ho()I NAPA School NAPA S¢hi)al NAPA School Ju￿-25 Wilberforce FSIM Festival Nigiht DI IhL, LivinE DL'Jd The Wltches ot Easmick Noitliern Stais 26- MidclletDn Hcl11 CA)Ilin wood Prima School ￿rnrner Show SI GcdofllL'S Primciry .hi)i)I Siimmi'.r Show Junlor Song and Dance Showcase SL'iiior &Jng dnd DancL, ShDvJr(JSL' Dance &mmei khool Perfoimances 2025 Musical fhec?Ire Summer sc.hool Porf(Irmilnces 2025 Actin Jmmer *hool Perfoiman¢e 2025 Jun-25 lul-25 lul-25 Jul-25 lul-25 lul-25 Aug-25 Au -25 Page 5

Northern Acadomy of P8rforming Arts Educational Trust Chaiman's Roport contlnuod anisational Chan es Carf Wheatley NAPA$ CEO since 2019. announced in April that he would be leaving the Charity at the end of this academic year to take a up a new Position as CEO of The WISHH Charty The trust took this opportunty to review NAPAS management strucbjre and chose under Carf's advice from his past 5 years, experien￿ to cre81e a joint leadership structure, splitting the CEO role into two defined areas of responsibility Coming under the lilles Director of Operations, and D1￿Clor of Education. After a recruitment process, two longslandir@ members of 5tsff Jamie Wilks and K*ie INrighl were appointed to these roles. Fundraisin The NAPA Fans group grganised several fundraising events, raffles and draws over the year including an Anniversary GALA, Pub Quiz Nights, Grand Raffle Draw and over the academ￿ year raised thousands of pounds lo help support the charty. This year we also took part in Arts For Impact run by The 8ig Give. A seven-day online match funding campaign supporting arts and culture charities working lo achtve societal impact across the UK. With the match funding and gift aid the campaign raised £5406 towards student scholarshlps for the next academic year. Please find a list of grant fvnding secured over the year. Hull Cty Council Hull & East Riding Charitable Trust ull Maritime Project University of Hull The Hedley Foundaticn Theatres Trust 2.000 - Emergen￿ Boys Dano video costs 2,000 Backstage Studio upgrades 2,920 - When Cannons Were Roaring production costs 15,313 LED Lighting Upgrades 2,730 Visual IMpai￿d Perfom7er5 & Over 55s class ¢osts 5.000 Backstage Studio upgrades Frankish Fund This year NAPA raised £3571 through a combination of donations received and fundraising events for the Paul Frankish Fund. We awarded £1442.00 in grants to cover costs associated with the application and auditsons proces5 to University and Drama schcols, splrt between 8 Indwiduals. NAPA Buildin This year we undertook the huge task of upgrading the old fluorescent lube lighting to LED fixtures. The new fixtures are muth more energy efficient and need less Mainlonan￿ at there ate no lubes to replace. Thi5 upgrade was made possible with a grant via Humber Innovation Support Programme which paid for 500k of the cost towards the upgrades. Page 6

Northern Academy of P•rfom)Ing Arts Educational Trust Chaimian'$ Report continued Lighting upgwjes in pmgress A muli purpose space on the ground floor of the building IG11, one ol the only spaces accessible by wheel¢hair users, or uses who required step free access was in much need of some repairs and upgrades to ensure it was frt for use and a welcomng environment for our students. Vve managed lo secure some grant funding lo make these upgrades which began this year restoration of the Parquet fk)oring. Vvork will wntinue next year with new window dressings, restoration of folding room partitions and decoratson, throughout. NAPA'S home in the Cent￿ ofHull Page 7

Northom Academy of Performlng Arts Educatlonal Trust Chairnian's Rtrport continued Our building despite the many successes of the year remains a huge concern to us. We a￿ housed in Hull'5 former Art School, built in 1904. 11,5 an incredible building, Grade Il, ligled, perfect for our use. Sadly, the building is in dire need of resloralion and repair, the problems are only getb'ng worse. We need some major nvesln7ent to ensure it remalns a safe friendly environment that enables us to carry out our charitable activrties. Last year we created a Capital Project Funding Strategy and have been working with a bjndraisei lo help deliver that 51r3legy. We have developed a good relationship with two potential funders. Historic England and the National Lottery Heritage Fund and will be looking at putting in some bids to both next year lo take the project forward. Jamie Wilks Dir&ctor ol OperdtA)ns. Katie WIFghl Director of EducalAOn. Page 8

Northern Academy of Perfomilng Arts Educational Twst R•port of the Trustees for the year ondgd 31st August 2025 The Iruslees p￿sent their report with the financial statements of the ¢harily for the year ended 31st August 2025. The Iruslees 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 Stsndard applicable in Ihe UK and Republic of Ireland IFRS 1021 leffe¢twe 1 January 20191. OBJECTNES AND ACTIVITIES Objectivos and aim$ The objectives of the charity are to foster, encourage and provide opportunities for people of all ages to partiCApale, increase their confidence and enjoy being involved in creative perfoming arts activities. Public benefit In setting objectives and planning activities the trustees have given due consideration lo general guidan published by the Charity Commission relating to public benefit. Grantmaklng Grants are payable lo individual$ for help wlh audition costs from money collected through the Frankish Fund. FINANCIAL REVIEW Financial position The annual accounts show a defidl of £54,725 12024 deficjt of £77,740) with a totsl cumulative surplus of £485.25412024 £539,979) availabk to carry forward. Al 31 sl August 2025 total funds carried forward a￿ split £478,429 unrestricled12024 £534,092) for general use and £6,825 reslricled {2024 £5,887) for distribution under the Frankish Fund. Imiostment policy and obl8¢tlvès The charity has the power lo make any investment that the trustees see ff(. Resorvgs policy The Iruslees consider that a level of reserve5 required in order tor the charity to operate at its current ￿Ve1 of activity has now been attained The trustees continue lo ￿VIeW the administrative controls and systems to ensure that all sources of income a￿ enhanced sufficiently to enable the ftjture development ofthe Academy. FUTURE PLANS We will continue to pursue our plans lo increase our collaborative working, lake our productions out of NAPA more and to offer more places for children who COLJld not olhew5e attend dLJe to financial conslrainls, through our bursary scheme. These plans would not be p055ible without the strong foundats.ons built up over a number of years by our talented and dedicated team of staff and volunteers, to whom we owe a huge debt of thanks. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng documont The charity is controlled by ils goveming document, a deed of trust and constitutes an L¢nincorporated charity. The trust is conslituled by Deed of Trust dated 12 May 1998 a5 amended by special re501utions dated 25 July 1999 and 29 June 2006. It 15 ￿gIStered as a charity wth the Charity Commission. Rgcruitment and appointment of new truSt￿S Trustees are elected for a period of 3 years on a rolling basis. Trustees are nominated lo serve on the board by recommendation of currently serving trustees. If the board agrees to the nomination, the candidate is Invited to serve on the board. Organi5ational Structure The charity has a board of Iruslee8 that meets regularly and is responsible for Ihe strategic direction and policy of the trust's work. The trust employs several workers lo whom the Iruslees delegate the day lo day responsibility fof the provisii)n of services. including artistic development. produth'on. leaching and administration. Regular staff meetings occur throughout the year. Induction and training of n•w tru$tso$ There is no fomal training provided by the charity as most trustees are already familiar with the practica5 work of the trust. The role is formally discussed with an existing serving trustee, for new Iruslees lo familiarise themselves. Page 9

Northern Academy of Performing Arts Educational Trust Report of thè Trustees for thè year &ndad 31st August 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Related parties The trust does not have any dose relationship5 wlh any other group or party operating entirely on its own. All classes and perfomiances are advertised k)cally within school$ and other council premises. Rl$k management The trustees have a duty lo identify and review the risks lo which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Iruslees have a risk managernenl 51rategy that comprises.. An annual r8view of the risks the trust may face.. The eslablishrnent of sy51erDs and prO￿dureS to mitigate those risks identified in the plan., The implementation of procedures design&d to minimise any potential Impact on the charity shoukl those risks materialise. This work has identified onty a few minor new risks, bul il has ￿S￿lled in better emergency procedures and contingency plans and has given the Impetus for better planning. Particular attention has focused on non- financial risks arising from fire, health and safely and management ol performing rBJhls. A key element in the management of financial risk is the detsiled controls and systems that prevail within the trust. Approved by order of thg board of trustees on 20 May 2026 and signed on its behalf by.. C Gruca - Trustee Page10

Independgnt Examiner'$ Rèport to tho Truste•s Of Northorn Acad8my of Performing Arts Educatlonal Trust Indgpgndent examinorfs report to tho trustee$ of Northam Academy of Performlng Arts Educatlonal Trust I report lo the charity trustees on my examination of the accounts of Northem Academy of Perfomiing Arts Educational Trust (the Trust) for the year ended 31 sl August 2025. Rosponsibilities and basis of rnport As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act'l. I report in re5pe¢t of my examination of the Trust's accounts carried out under Section 145 of the Act and in carying out my examination I have followed all applicable 01￿ctiOnS given by the Charity Commission under SectK•n 14515)Ib} of the Act. Ind&pendent èxaminarfs statement Since your charity's grDSS income exceeded £250,000 your examiner must be a member of a listed body. I Can confirm that l am qualified to undertake the examination because l am a member of the Inslilule of Charteretl Accountants in England and Wales, which 1$ one of the listed bodies. I have completed my examination. I confimi that no material matters have come to my attentK)n in connection with the examination giving me cause lo believe that in any material respect". accounting records were not kept in respect of the Trust as reqUI￿d by Section 130 of the Act,. or the accounts do not a¢¢ord wth those records." or the accounts do not comply wlh the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulation5 2008 other than any requI￿rnent that the accoun15 give a true and fair view which is not 8 matter considered as part of an independent examination. I have no concerns and have come acros5 no other matters in ￿nnectIOn wrth the examination lo which allenlion should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Luke Damren Taylor Bsc (Honsl FCA The In8tf(ute of Chartered Accountsnts in England and Wales Smalles Goldie Chartered Accountsnts Regent's Court Princess Slfeel Hull East Yorkshire HU2 8BA Date.. 20 May 2026. Page11

Northern Acadomy of Porfomiing Arts Educational Trust Statement of Flnanclal Activities for the year end•d 31$t August 2025 2025 Total funds 2024 Total funds Unreslricled Restricted fund fvnds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 7,717 7,717 10,341 Charitable activitie$ Performing arts activities Musical theatre tuili 473.604 148.179 473,604 148,179 453,969 135.323 Other trading activities Investment income 66,424 6,969 3.571 59,995 6,969 53.081 .537 Totsl 691,883 3.571 695,454 659,251 EXPENDITURE ON Raising funds 46,132 46,132 36,596 Charitable a¢tlvStle$ Performing arts activitie5 Grants pai¢J for audibon costs 702,605 702,605 1.442 898,860 1,535 1,442 Totsl 748,737 1.442 750,179 736,991 NET INCOMEIIEXPENDITUREI Transfers between fundg 156.8541 1,191 2,129 154,7251 177,7401 Not movamgnt in funds 166,6631 164,7251 177,7401 RECONCILIATION OF FUNDS Total funds brought foward 534,092 5A87 539,979 617.719 TOTAL FUNDS CARRIED FORWARD 478,429 6,82S 485,254 539.979 The notes fomi part of these financial slalemenls Page 12

Northern Academy of Porfomiing Arts Educational Trust Balance Sheot 31st August 2025 2025 Total fund$ 2024 Total fund5 Unrestricted Restricted fund funds Note5 FIXED ASSETS Tangible assets 14 180,833 180,833 144,S83 CURRENT ASSETS Debtors Cash al bank 15 13,505 418,284 13,505 425,109 43,555 502.656 6,825 431.789 6.825 438,614 546,211 CREDITORS Amounts falling due within one year 16 142,29BI 142,2981 140,9771 NET CURRENT ASSETS 389,491 6,825 396.316 505,234 TOTAL ASSETS LESS CURRENT LIABILITIES 670,324 6,82S 677,149 649,817 CREDITORS Amounts falling due after more than one year 17 191.8961 191,8961 1109.8381 NET ASSETS 478A29 6.826 485,2S4 539.979 FUNDS un￿StriCted funds.. General ftjnd Restricted funds.. Frankish Fund 19 478,429 534,092 6,825 5,887 TOTAL FUNOS 465,254 539,979 The financial ststemenls were approved by the eoard of Trustees and authorised for issue on 20 May 2026 and were signed on ils behalf by.. C Gruca - Trustee The notes form part ol these financial slalements Page13

Northam Academy ofPorforniing Arts Educational Tw$t Cash Flow Statement for th• ygar ended 31st August 2025 2025 2024 Notes Cash flow$ from oparating activities Cash generated from operations Interest paid 11S,2491 177,3931 10,886 Nel cash used in operating activities 124,S031 188,2791 Cash flows from investing activitie5 Purchase of tangible fixed assets Inte￿$t received 144,2671 5,959 {3,7901 6,537 Nel Cash (used iillprovided by investing acliwlies 138.3081 2.747 Cash flows from financing activitÉ•$ Loan repayments in year Net cash used in financing activilios 114.7361 112,3771 Changè In cash and cash equivalènts in the reporting period Cash and cash equivalents at th& beginning of the rnporting period 177,$471 197,gJ91 602,656 600,565 Cash and cash equlvalents atthe and of the reporting poriod 425.109 502.656 The notes fomi part of these financial statements Page 14

North&rn Acadèmy of Parforniing Arts Educational Trust Not6s to tho Cash Flow Statement for the y¥ar ¢ndgd 31$t August 2025 RECONCIUATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net expenditure for the rèporting pgrlod las par tha Statemont of Financial Activities} Adjustments for: Depreciation charges Interest ￿ceiVed Interest paid De¢￿aSe in debtors Decrease in creditors 1$4,7261 177,7401 8,017 15,9S91 9,254 30.050 1.B86 5,479 16,5371 10,886 22.687 32.168 Not cash us8d in operations 115.2491 177,3931 ANALYSIS OF CHANGES IN NET FUNDS Al 1 9.24 Cash flow At 31.8.25 Not cash Cash at bank 7.547 425 109 502.656 7.S47 42S.109 Dobt Debts falling due wf(hin 1 year Debts falling due after 1 year 113.0901 {109,838 3,2071 17,943 116.2971 91.895 {122,928 14,736 {108,192 Total 379 728 316 917 The notes fomi part of these financial Statements Page 15

Northorn Academy of Porforming Arts Educational Trust Notes to the Financial Statsmonts for th• year •ndod 31st August 2025 ACCOUNTING POLICIES 8a81s of preparlng the financial statements The financial slalements of the d)arity. vthich is a public benefit enlily under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial RetM)rting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The finanaal stslemenls have been prepared under the historical cost convention. Inct)m8 All income is recognised in the Statement of Financial Activities once the tharity has entitlement to the funds, il is probable that the income will be ￿ceiVed and the amount can be measured ￿lIablY. In¢ome from donations and grants is included in incoming resources when the9e are receivable, ex¢ept as follows.. When donors specify that donations and grants given to the charity musl be used in future a¢¢ounting periods, income is deferred until these penods When donors impose conditions which have to be fuffilled before the charity becomes enlilled lo use such income, the in¢ome is deferred and not included in incorning resources until the p￿-COndItIonS for the use have been mel. When donors specify that donations and grants are for particular restricted purposes, which do not amount lo pre-conditions regarding ents'tlement, this income is included in incoming resources of reslricled funds when receivabk. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, f( is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. ExpendiluTe is accounted for on an accruals bas15 and has been clasSif￿d under headings that aggregate all cost related to the category. Vvhere costs cannot be directly attributed to particular headings they have been allocated to activities cn a basis consistent wth the use of resources. Grants offered subject lo condits'on$ which have not been met al the year end date are noted as a commitment but not accrued as expenditure. Raising funds Incorne from productions and show admission fees, together with cafe income, is included in incoming resources in the period in which they are re￿1Vable. Invostment income Investment income is included when ￿ceivable. Gov•rnanc• costs Governance costs ￿preSentS the costs associated with meeting the statutory requirements of the Charity. Allo¢ation and apportionment of costs Resources expended are recognised in the period in which they a￿ incurred. They indude attributable VAT which cannot be recovered. Costs of generating fvnds comprise the Costs associated wrth attracting voluntary income and the costs of productions, shows and the Cafe. char((ab￿ expenditure compri5e9 those costs incurred in the delivery of its activities for its beneficiaries and includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary lo support them. All costs a￿ allo¢ated be￿een expend((ure categories in the ststement of fi'nancial activilles on a basis designed to reflect the use of the ￿SOurce. Tangible fixed assets Depreciation is provided * the following annual rates in order to write off each asset over ils estimated useful life. Page 16 continued...

Northem Acad&my of Perfomiing Arts Educational Trust Notes to th& Financial Statements - contIn￿d forth& y•ar gnd&d 31st August 2025 ACCOUNTING POLICIES -contin￿d Tangibl8 fixed assets Freehold property Fixtures and fittings Computer equipment 2% on cost 10% r)n ¢ost 10% tsn cost All fixed assets are initially recorded al ¢051, which is then depreciated over the estimated useful life of the asset COn￿med. Taxatlon The charity is exempt from lax on its charitable actwities. Fund accounting Unrestricted funds can be used in aecordan¢e wlh the charitable objectNes al the discretion of the Irusleos. Designated lunds are unreslricled funds earmarf(ed by the trustee's for particular purposes. Restricted funds can only be used fr)r partiCLJlar restricted purposes within the objects of the ¢harily. Reslriclion$ arise when spea1￿d by tre donor or when funds are raised for parti¢ular restricted purposes. Further explanabon of the nature and purpose of each fuTKI is included in the notes lo the financial stalemenls. Pension costs and other postryretirèment beneflts The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged lo the Statement of Financial Activities in the period to which they relate. DONATIONS AND LEGACIES 2025 2024 Donations 7,717 10.341 OTHER TFiADING ACTIVITIES 2025 2024 Fundraising events Cafe income Sponsorships 13,973 48,022 6,865 44,216 2,(K)O 53,081 INVESTMENT INCOME 2025 2024 Deposit account interest 5,959 6,537 Page 17 continued...

Northern Academy of Performing Arts Edu¢ati¢nal Tru$t Notes to thg Financial Ststoments - ¢ontinugd for tha year ended 31st August 2025 INCOME FROM CHARITABLE ACTIVITIES 2025 2024 Perfoming arts activities Musical theatre luilDn Total activities Total activitie5 Dired income Outreach Grants 443.641 443,e41 148,179 29,963 463,969 135.323 148.179 29,963 473 604 148 179 621783 589 292 Grants ￿Ce￿ied, induded in the above. are as follows.. 2025 2024 Hull City Council Hull & Ea51 Riding Charitable Trust Hull Marrtime Project University of Hull The Hedley Foundation Theatres Trust 2.000 2,000 2.920 16,313 2,730 5,000 RAISING FUNDS Other trading actlvltles 2025 2024 On-site cafe staff costs On-site cafe costs Fundraising costs 17,682 22A13 6,037 13,865 22,731 CHARITABLE ACTIVITIES COSTS Grant funding of activities (see note Direct Cos15 {5ee note 81 SLJPPOrt costs Isee note 101 9} Totals Perfomiing arts adivities Grants paid for audition costs 677.782 24.823 702,603 1,442 1,442 677.782 24,823 Page 18 continued...

Northern Academy of Perfomilng Arts Educational Trust Note5 to tho Financial Stst•m•nts - continuèd for the year ended 31st August 2025 DIRECT COSTS OF CHARITABLE ACTIVITIES 202S 2024 Staff costs Rates and water Insurance Light and heat Telephone Postage and slalKY)ery Advertising Sundries Freelance and instructor costs Repairs and maintenan Production costs Exam and festival fees Consultancy Hire costs Oeprecialion 273,703 4,155 12.000 23,806 12,974 4,160 11,617 7,971 238.359 15.690 34,Y11 7,805 19,SOO 3.314 8,017 266.225 3,777 15,809 18,499 12.312 6.487 1,541 11,539 228,232 22,354 49,858 13,232 16,800 3,498 5,479 677,782 675,642 GRANTS PAYABLE 2025 2024 Grants paid for aL#dilion costs 1,442 1.535 10. SUPPORT COSTS Governance costs Performing arts 8clivilie$ 24.823 Support costs, included in ihe above, are a5 follows.. 2025 Performing arts activities 2024 Total activits'es Accountancy Profe55ional fee5 Bank charges Book-keeping Intere51 payable and similar charges 7.674 4,716 2,065 1,12S 9,264 6,240 4.Q49 2,043 10.886 24.823 23.218 Page 19 continued...

Northern Academy of Porfomiing Arts Educational Trust Nots$ to the Financial Statements - contlnued for the year ènded 31st August 202S 11. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31st August 2025 norfor the year ended 31 sl August 2024. Trusts•$' •xpens8s There were no trustees, expenses paid for the year ended 31 sl August 2025 nor for the year ended 31 st August 2024. 12. STAFF COSTS 2025 2024 Wages and salaries Social security ¢osts Other pension costs 250,472 17.532 S,699 243,318 17,788 5,119 273 703 266,225 The average rnonthly number of employees during the year was as follows.. 2025 2024 Dance and perfornan¢e Administration No employees received emoluments in excess of £60,000. 13. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES Unrestricted ftjnd Restricted fund5 Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 7,466 2,875 10,341 Charitable activiti¢s Perfoming arts activities Musical theatre luilion 453,969 135.323 453,969 135,323 Other trading activities Investment income 50,000 6.537 3.081 53,081 6.537 Total 653,295 5.956 659,251 EXPENDITURE ON Raising ftjnds 36,596 36,596 Charltabla activities Perfomiing arts a¢livrties Grants paid for audition costs 698,880 698.860 1.535 1,535 Total 735,456 1,535 736,991 NET INCOMEIIEXPENDITUREI 182,1611 4.421 177,7401 RECONCILIATION OF FUNDS Total funds brought forward 616.253 1,466 617.719 Page21 ntinued...

Northern Acadamy of Perforniing Arts Educational Trust Note$ to tho Financial Statements - ¢ontlnu&d for the year èndad 31st August 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continu•d Unrestricted Restricted fund funds Tola funds TOTAL FUNDS CARRIED FORWARD 534.092 5,887 539.979 14. TANGIBLE FIXED ASSETS Fixture$ and fittings Freehold property Computer equipment Tota15 COST Al 1 st September 2024 Additions 231,746 114,B78 44,267 63,117 409.741 44,267 Al 31 st August 2025 231.746 169,145 63.117 464,008 DEPRECIATION Al 1st September 2024 Charge for year 93,388 4.635 110.163 3,208 61,607 174 265.158 8,017 Al 31 st August 2025 98,023 113,371 61,781 273.176 NET BOOK VALUE Al 31 st Augug12025 133,723 45,774 1,336 180.833 Al 31 st August 2024 138,358 4.715 1,510 144.583 15. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments 9,161 4,344 40,788 2.767 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Bank loans and overdrafts (see note 181 Trade creditors Social securrty and other tsxes Other creditors Accrued expenses Deferred government grant5 16,297 4,357 6,537 13,090 8,750 5,357 8,431 5,349 8.107 7,000 42,298 40,977 Page21 continued...

Northarn Acadamy of Porforniing Arts Educational Trust Notes to tha Flnancial Statements . contlnuod for the year ended 31st August 2025 17. CREDITORS.. AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2025 2024 Bank loans (see note 181 91,896 109.838 18. LOANS An analysis of the maturity of toans is given below.. 202S 2024 Amounts falling due wlhln one year on demand.. Bank loans 16.297 13,090 Amounts falling due be￿en tw¢ and five years.. Bank loans- 2-5 years 91,89S 109,838 19. MOVEMENT IN FUNDS Net movement in fLJnds Transfers between funds At 31.8.25 Al 1.9.24 Unrastrlcted funds General fund $34,092 156.8541 1,191 478.429 R&strict&d funds Frankish Fund 5,887 2.129 6,825 TOTAL FUNDS 539,979 154,7251 485,254 Net movement in funds, included in the above are as follows". Incoming resources Resoijrces expended Movement in funds Unre$trl¢tgd fund5 General fund 691.883 1748,7371 158.8541 Restrictèd fund5 Frankish Fund 3￿71 11.4421 2,129 TOTAL FUNDS 695,454 1750,1791 154,7251 Comparatives for rnovement In funds Nel rnovemenl in funds At 31.8.24 At 1.9.23 Unrestrlctsd funds General fund 616.2S3 182,1611 534,092 Restricted fund$ Frankish Fund 1.466 4.421 5,887 TOTAL FUNDS 617.719 177.7401 539,979 Page 22 continued...

Northgrn Acad8my of Performing Arts Educational Trust Notès to the Financial Statemefts - contlnuad for the year 8ndèd 31st August 2025 19. MOVEMENT IN FUNDS- continued Comparative nel movement in fvnds. included in the above are as folk)ws'. Incoming resources Resources expended Movement in funds Unrostricted funds General fund 653.295 1735.4561 182.1611 R8strict8d funds Frankish Fund 5,956 11.5351 4,421 TOTAL FUNDS 659,251 1738.9911 (77.7401 A current year 12 months and prior year 12 months combined position is as follows.. Nel movernent in fiJnd$ Transfers between fundy At 318.25 Al 1.9.23 Unrestricted funds General fund 616,253 1139,0151 1,191 478,429 Restricted fund5 Frankish Fund 1,466 6.550 6,825 TOTAL FUNDS 617.719 1132,4651 485,254 A current year 12 month5 and prior year 12 months combined net movement in fund5, included in the above are as follows.. Incorning resources Resources expended Movement in funds Unrè$tri¢ted funds General fund 1.345,178 11,484,1931 1139,0151 Rostrictsd funds Frankish Fund 9,527 12.9771 6,550 TOTAL FUNDS 1,354,705 11,487,170) 1132.4651 20. RELATED PARTY OISCLOSURES There were no related party transactions for the year ended 31st August 2025. Page 23

nable Issuer Srnailes Goldie Do¢um8nt generated Wed. 20th May 2026 15'.55.27 BST Documont flngorprint 3368be3d8bl aa3fe873968434cf6ab99 Parties involved with this (Jocument Document pro¢*$sgd Party + Fingorprint Fri 22nd May 2028 9.21 47 BST Chris Gruca - Signer15aOe61ab04071310c2a7bd6feca21 aa61 Helen Rhodes - Signer Ibdb1aebd431 c¢Ob¢85a05abb41dfd31Q Luke Taylor- Signer190cb5d6bd258c57a89a284f5¢f7449321 Tue. 26th May 2026 9".02".18 BST Tue. 26th May 2026 10 25 00 BST Audit history log Date Action Wed 20th May 2026 15.55."27 BST Envelope generated by Jordan Tyson1213.249.229.1221 Document generated with fingerprint 3368be3d8b1 aa3fe873968434cf6ab991213.249.229.1221 Sent the envelope lo Chns Gruca Ichrisgru¢[e-mail] for signing Wed. 201h M8y 2026 15.55 28 BST Wed. 20th May 2026 15 57 418ST 1213.249.229.1221 Oocumenl emailed to chrisgruca@holmail,¢om Wed. 201h May 2026 15 57.42 BST Wed 20th May 2028 19 11 32 BST Chris Gruca opened the document email.183.100.202.941 Chns Giuca opened the document email.183. 100.202.941 Chris Gruca opened the document email 183.100.202.941 Chris Gruca opened Ihe document email.183. 100.202.941 Chris Gruca viewed the envelope183.100.202.941 Wed. 20th May 2026 19 41.09 BST Wed 20lh ￿laY 2026 19.42 47 BST Fn 22nd May 2026 9 09. 36 BST F￿. 22nd May 2026 9 20'.36 BST Fri 22nd ￿laY 2026 9.21 47 BST Chris Gruca signed the envelope183.100.202.941 Sent the envelope to Helen Rhodes [e-mail] Fn. 22nd May 2026 9 21'.47 BST for signing183.100.202.941 Document emailed to [e-mail] Helen Rhodes opened the document email.172.145.144.2511 Document emailed to [e-mail] Helen Rhodes opened the document em3il.148.209.223.851 Document emailed lo [e-mail] Helen Rhodes opened the docurnenl email.172.145.76.1071 Helen Rhodes viewed the envelope1213.249.229.1221 Fn. 22nd May 2026 9 21 48 BST Fri 22nd May 2026 9 22 12 BST FN 22nd Mai 2026 15."i8 12 BST Fn 22nd May 2026 15.i8.27 BST Sun. 24th May 2026 15 59.'09 BST Sun 24th May 2026 15 59.25 BST Tue 26th ￿laY 2026 9 02 05 BST

Tue, 26th May 2026 9'.02.18 BST Helen Rhodes signed the envelope1213.249.229.1221 Sent the envelope to Luke Taylor [e-mail] for signing1213.249.229.1221 Document emailed lo [e-mail] Luke Taylor opened the document email.148.209.223.641 Luke Taylor opened the document email. (146.75.185.38) Luke Taylor viewed the envelope1185.188.233.1741 Luke Taylor signed the envelope1185.188.233.1741 This envelope has been signed by all parties1185.188.233.1741 Signed document confirmation emailed to chrisgruca@holmail.¢om 1185.188.233.1741 Signed document corifirmalion emailed lo [e-mail]1185.188.233.1741 Signed document confirmation emailed to luketaylor@smailèsgoldie.co.uk (185.188.233 1741 Signed document confirmation emails have been sent to 811 parties. Document URL.. Tue. 26th May 2028 9'.02'.19 BST Tue. 26th May 2026 9'.02. 19 BST Tue, 26th May 2026 9.'02.'57 BST Tue 26th May 2026 10.24 24 8ST Tue. 26th May 2026 10.'24'35 BST Tue. 26th May 2028 10 25 00 BST Tue. 26th May 2026 10.25 00 BST Tue. 26th May 2026 10.25 00 8ST Tile. 26th May 2026 10.25 00 8ST Tue. 26th May 2026 10.25 00 BST Tue, 26th May 2026 10."25"00 BST https."Ilapi.signable.applshareablelenvelopeTr-Ob49e862-9031-4ded-9aca- aOfff345492d1185.188.233.1741