REGISTERED COMPANY NUMBER: 05023067 (England and Wales) REGISTERED CHARITY NUMBER: 1103002 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR SOUNDABOUT Ad Valorem Accountancy Services Limited Chartered Certified Accountants 2 Manor Fam Court Old Wolverton Road Old Wolverton Buckinghamshire MK12 5NN SOUNDABOUT CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Reference and Administrative Detsils Report of the Trust8es 2 to 16 Independent Examinerfs Report 17 Statement of Flnancial Activities 18 Balance Sheet 19 to 20 Notes to the Flnancial Statsments 21 to 27 Detailed Statement of Finan¢ial A¢tfvttles 28 SOUNDABOUT REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES S J Claridge (resigned 101712024) Y Dattani (resigned 31912024) M Hartley K Ungerer (resigned 151112025) E Newsome (resigned 101712024) C Thomson B Weston-conway E Nunns Cwyuen H Chandler (appointed 17nr2024) B Travis (appointed 17￿12024) J Baird (appointed 17n12024) I Pasricha (appointed 241312025) REGISTERED OFFICE John Eccles House Robert Robinson Avenue Oxford Oxfordshire OX44GP REGISTERED COMPANY NUMBER 05023067 (England and Wales) REGISTERED CHARITY NUMBER 1103002 INDEPENDENT EXAMINER Ad Valorem Accountancy Services Limited Chartered Certified Accountants 2 Manor Fami Court Old Wolverton Road Old Wolverton Buddesigned with attendees, following their lead and their choices throughout. Eviden￿ towards increasing self-expression: "It's just so uplifting and the way he copies, recognition of sounds and beats, how he claps his hands to the beat, he really loves music and singing, so enjoyable. Just makes the children all so happy, so lovely to see all their smiles. I think it's really beneficial for the children. Literally our highlight of our week. He has got so confident over the weeks." Parent (Sounds Together- Early Years} Page 9 SOUNDABOUT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES "My son M has been in the choir Sin￿ the very first session and he's also s gr8duate emerging leader. He's virtually nonverbal. He's got severe learning difficulties and he's very Shy as well. He knows everyone at the choir. He knows what's going to happen. There's no Su￿rises. And he can just be on his own rf he wants to and spin about and do whatever he wants. Anyway, Ellen [SoundaboLrt Practitioner] had asked him in one of the sessions rf he wanted to take part in a song and help to lead li as part of his graduate emerging leader experience. And we suggested we would but also we knew there was no pressure rf he didny want to on the day. His dad came with us to the rehearsal and this song came up. And before Ellen had said it, he jumped up to go... He took the mic and he just sang and led this song in front of everyone. We were. well we were in shock, he's never done that before. It was so wonderful to see. His father was laughing, through joy and shock... cause he knew that was his song. He sang in his own way and then afterwards, all the practitioners, everyone, was all so excited to come and speak to him and ￿lebrate him. Martin, our [SoundaboLrt Practitioner] instrumentalist came up and said 'Do you know what? He was completely in piich, he was singing all in piich., Everyone thought it was fantastic! The choir and the Emerging Leaders programme has just made such a big impact on him and us, please just continue doing what you're doing." Parent (Choir, Graduate Emerging Leaders) "I've told anybody for Soundabout, I so enjoy what I do, it's a joy to do it and I say, even though it Can be hard, I like to give it go and other people need to realise that anyone that's in a chair needs to give anything a go. Needs to realise who they actually are and just be themselves because a lot of people aren't their selves in any chair. So, in a Soundabout way, it 18 all about music and you can talk with music, you can sing with music.. you can do anything. I've been to a Soundabout session where you can make music up and I've been one of their online sessions where you have to make a song and being in that way of making is very enjoyable and I think people need to know that you can... I've seen people make music with their mouths and I think how talented they are not using their hands but to move their heads lo make music is a brilliant thing because th8t shows people you can do different things with drfferent technologies. Participant (Graduate Emerging Leaders) 'Work experients is a lot of ftjn and enjoyable. Wrthin the work experience I have kept my leading skills and trying new things like the backing track for the new songs. I have learnt new things within the work experience and really enjoyed myself. Like in the past, I would have been really shy. I wouldn't be able to do it, but now that l overcome that knowing IYII be ok, it does help. I never thought I'd be a role model. But it's just amazing." Participant (Graduate Emerging Leaders) 100°h of participants who took part in Sounds Together Programmes across England showed evidencè of making developments self*xpression throughout the project. "She reached out whilst smiling, took a support workers hand and made a beat by tapping her finger on the fingers of the support worker. She enjoyed playing the wind chimes independentty and understood that we were all listening to her solo. She also pSayed sounds using the iPad, Iwking up and smiling and understanding that we were listening to the sounds she was creating." Practitioner (Sounds Together) 750/0 of participants in Sounds Sensory Online participants showed evidence of seSf*xpression in Levels 1 & 2 of Sounds of Intent 'Me Framework, (me, my thoughts and feelings). 25 % of participants have showed evidence of setfexpression in Levels 4 of Sounds of Intent 'Me Framework. (me, my thoughts and feelings). Practitioner (Sounds Sensory Online) Outcome 5: Promoting Health and Wellbeing Music, Sound and Silence can support a sense of well-being by engaging in positive, enjoyable activrties. We refer to health and wellbeing of our communiiy as any obseNedlrecorded positive impact on physical and mental health. This could refer to direct impacis e.g. on mental health, or in-direct e.g. by emotionally supporting participants while having medical interventions. Our sessions bring groups together for meaningful activities, reducing isolation and bringing wellbeing through sense of purpose. Our Sounds Wild provision provides opportunities to wnne¢t with nature and reap the beneffts of being outdoors. Page 10 SOUNDABOUT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Eviden￿ towards promoting health and wellbeing: "It serves as neNes relaxation after spending time at the session he sleeps soundly. His movement has also improved as he was motivated to do what other children are doing." Parent (Sounds Together- Early Years) "I swear to God, your sessions should be available in the,NHS. They're the best medicine anyone has ever prescribed and the only side effect is pure joy. Your impact in hospital settings is immeasurable. You have made the room safe for Ava when she has felt anything but safe. You've b￿n there for cannulas going in, ECGS, EEGS. YOu￿e been there post-surgery, prior to surgery. YOu￿e sang to her as she's gone to sI￿p under the care of an anaesthetist. On many occasions, you didnl even know you were there. But Ava did, and I did. and you made everything feel less terrifying. We weren't alone." Parent {Sounds Virtual and SoundaboLrt Participant Advisory Group) "I havenl been very well, that's why her carer is here too but I really wanted to come as we rarety get out to places like this and it's done me good too being in the fresh air. She loves the music... and the sensory elements as you can see!" Parent (Sounds Wild) Just a quick message of thanks to Soundabout, for T experience at NAIDEX yesterday. He really enjoyed and learned from it. He was also delighted to meet L IGraduate Emerging Leaderl in the flesh for the first time. For us Iparents] the visit was also instructive in other areas. We got helpful information from exhibitors around helping T get into the workplace... It is hard to express the extent to which T is enriched by his engagement with Soundabout. Thank you again., Parent (Graduate Emerging Leaders) In the practitioners refiection reports, practitioners observed improvements in the Health and Wellbeing of 600/0 of After School Club Participants. "Even during some of her most poorly or most dystonic days, we have found thst attending After School Club can sometimes offer her a respite from her discomfort and allow her to relax for a short while or ease her to sleep., Practitioner {After School Club) Across all Soundabout programmes, improvements were reported in practitioner reflections around the 'Me & My Body, area of the Sounds of Intent.. Me Frameworf(. Most participants were reported to be 'Having a go,, achieving or excelling in the Levels 1 & 2 of the framework with a particular focus on movement. Review of Strategic Aims This section reviews progress towards Soundabout's 4 Strategic Aims for 'Soundabout Build, our strategy and business plan for 2023-27. Each strategic aim has related objectives to help achieve the aim and we've shared highlights below to demonstrate prcgress towards these aims. Strategic Aim 1: To become the 'go to, charity within our specialism in England and Wales, by C￿atIng consistently high-quality musical opportunities with our participants facilitated by a divers8 team of expert music practitioners. Soundabout's geographical reach continues to widen through, Sounds Together programmes and Associate Choirs in areas such as Devon, Kent. and the North West. While good progress is being riiade, there are many more possible areas of the country that might benefrt from in-person Soundabout opportunities. In the interim, Soundabout continues to reach wider ne￿orkS of Leaming" Disabled people indirectly through the training and mentoring of parents, carers, and professionals who support them. In the last year Soundabout supported 1.159 Parents and Carers and 723 Professionals were supported via public training programmes, training projects with schools and other organisations, mentoring programmes, and reflective sharing sessions, as well as through informal pradice M￿ellIng during music making sessions. Many of the 1,882 parents, carers, and professionals trained by Soundabout support more than orie Leaming Disabled person. Page11 SOUNDABOUT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Soundabout's commitment to ensuring the highest quality of delivery was supported by 'Soundabout Grow, our Youth Music funded Workfor￿ development programme. Year 2 of the 3 year programme saw the implementation of a new and bespoke Qualty AssuranTr Framework designed using feedback from our community. 25 peer obseNation visits were undertaken by practitioners and staff across virtual and in-person provision ensuring consistency and qualty of delivery. As part of the programme, 5 open agenda peer support sessions offered space for peer discussion and reflection around any specific topics or concerns related to their practice. In addition, 6 practitioner training days saw our commitment to best practice enhanced by external experts in areas such as intensive interadion, non-verbal communication, Makaton signing, and mental healih with Profound and Multiple Learning DisabilTties. "I've realty noticed the paid training opportunities provided by Soundabout grow and I really am grateful. The ones I've been ab￿ to attend have been so helpful and inspiring, thank you! Practitioner Data from practitioner self-evaluation includes; 80/0 selected "overall, I have felt satisfied in my work at Soundabouv,, 1 OOOA selected I feel like my work is valued and my voice is heard" Soundabout's Emerging Leaders and Graduate Emerging Leaders programmes continued to develop Learning Disabled young people who are interested in careers in the sector, while also diversifying the workforce. The young leaders have b88n infomiing organisational developm8nt and bring a wealth of creattve thinking to Soundabout. Cohort 3 (autumn 2023 to summer 2024) completed their course with all 10 Emerging Leaders successfully achieving Bronze Arts Awards through Trinity College London, gaining fomial accreditation and UCAS points. Targets for Graduate Emerging Leader work placements wer8 ex￿eded with 180 placements undertaken during the year, an 1760/0 increase from the previous year. Placements were bespoke to the young leader's choices and goals, including video production, sounds together project assistant, group facilitation, choir leading. graphic design. concert hosting, signing video production, DJ, presenting, audio recording. Strateglc Aim 2: To further understsnd and demonstrate the value of our work by developing the way we measure Impact. Throughout the year the team have worked hard to continue implementing Soundabout's evaluation framework which captures data against the five core outcomes we reported on in the previous section of this report. The use of the Sounds of Intent Framework and the Sounds of Intent Me Framework (demonstrated above) has supported the capture of quantative data across some outcomes, however we are still experimenting with other meaningful ways of capturing and measuring progress outside of observations and quotes. Alongside our outcomes evaluation, the Soundabout Participant Advisory Group, Emerging Leaders, and Graduate Emerging Leaders, have been pivot81 in offering their feedback into decision making at every level. Ac￿ssIbl11ty measures to support participant voice have been experimented with such as video and audio recording responses as well as incorporating interactive music making in focus group sessions to encourage contributions. Work in this area is contributing to a greater understanding of the impact of our work and 8 robustness to our practI￿S. An example of the Sounds of Intent Framework in action from a report to the Lightbulb Trust in July 2024: Measurlng against a Framework: Sounds of Intent To measure outcomes more effectivety, Soundabout has implemented the Sounds of Intent Framework into practitioner practice and feedback fonns. Sounds of Intent focusses on three key musical areas of development which pemeates into wider areas of personal development, these areas are.. 'Reactive' listening and responding to sounds and music, 'Proadive' making sounds, singing and playing alone, and 'lnteractive' making sounds and music with other people. . In this example the SOI Framework was used to explore the following specific project outcome. Develop inclusive musical communities that reduce isolation of profoundty Disabled people., We used observations of progress made in the interactive area of the framework. An increase in progress made in interactivity would translate into wider d8velopment such as being able to listen to and respond to others and therefore forming connections with the wider community and reducing feelings of isolation. Page 12 SOUNDABOUT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Sounds of Intent identifies six levels of musical engagement that occur sequent￿allY in human development. Neurotypical age of occurrence, together with the levels of Neurodiversity likely to be associated with each form of musical engagement in older children, young people and adults, is compared with associated level of disabilty. For example, Level 1 '1earnin9 to hearf which in neurotypical Occurren￿ would be prior to three months before birth and relates to those with the most profound leaming disabilities. In the interactivity area of the framework, the six levels of interactive progress descriptors are as follows: 1. Relates unwittingly through sound. 2. Interacts with others using sound. 3. Copies others, sounds andlor is aware of own sounds being copied. 4. Engages in musical dialogues using motits. 5. Perfomis andlor improvises short and simple pieces of music with other people which may increase in complexiiy over time. 6. Performs andlor improvises music of increasing sophistication expressively with other people. Each descriptor pertains to one of three sub-levels of engagement.. 'having a go,, got itl, (which for the purpose of the report we have called 'consistently achieving,) and 'taking things furtherf. Once a participant is consistently achieving at a particular element, they can tske things further and 'excel' within that area. Example Case Study: As an organisation we are particularly focussed on supporting participants to access and progress between levels 2 4. Using the practitioner evaluations from Sounds Together Touchbase Pears we are able to see how the Sounds Together sessions directty impact progress made by participants against the Sounds of Intent Framework with evaluations being measured at the beginning middle and end of the project. J's Progress against th6 Sounds of Intent Framework (Levels 2 - 4) Please note.. areas of progress from start to the end of the project are highlighted in bold. Sounds of Intent Levels of Interactivity L2 Interacts with others using sound L3 Copies others, sounds andlor is aware of own sounds being copied L4 Engages in musical dialogues using motifs start of Project Mldway of Projact Consistently Achieving End of Project Taking it Further Taking it Further Consistently Achlevlng Having a Go Taklng it Further No Evidence No Eviden Having a Go As seen in the above example, J mad8 progress across three levels of the Sounds of Intent framework specffi¢ally in the area of interactivity across the 12-week project. By showing evidence of interacting using sound, being aware of others using sound, and beginning to engage in musical dialogues, it gives J the skills and outlet to express himself and connect wrth others. Example of practitioner comments in relation to interactivty progress of J during the sessions: 'J was smiling and shrieking, turning his head towards sounds and familiar people making sounds to himlcopying him., 'J was happy and confident to engage with both myself and Emily Isoundabout Practitioner], resting hand on drum as we tap it and singing into microphone., 'J sang an ah sound responding quickly and rhythmically to Emily [Soundabout Practitionerl in a call and response manner, Page 13 SOUNDA80UT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Strategic Aim 3. Build Soundabout's resilience and sustainability by diversifying income streams, enabling the org anlsation to evolve within the landscape we operate In. Soundabout continued to focus fundraising efforts on unrestricted income, in multi-year forn where possible. and from a diverse range of sources. This approach has been working well, with multi-year grants secured for unrestrided income, choirs, volunt*ring, and emerging leaders from The National Lottery Reaching Communities England Fund, The Lightbulb Ttust, and St James's Place Charitable Foundation. Currently ￿Jndra1$lng responsibilities lie with the Chief Executive Officer and a freelance Trusts and Foundations fundraiser who works for the charlty 2 days per mnth. Soundabout sourced funding to bring additional fundraising support for 2 days per week from September 2024 - March 2025. This gave a boost to the charity's communty and events fundrdising work, with the production of many resources. Additional fundraising capacty is being worked towards to further develop and diversify Soundabout's frjndraising and income generation. New areas of fundraising have started to be trialled such as legacy fundraising. During this period Soundabout signed up to the National Free Wills Network and is now able to offer supporters the opportunity to write their wi15 for free in the hope that they teave a gift to Soundabout On￿ they have sorted their loved ones. Donor stewardship is an ongoing area of development for Soundabout. The charity's Sparkle with Soundabout 'Light' campaign in the winter of 2024 included a Christrnas Big Give appeal which introduced naw donors to Soundabout and encouraged higher donations from previous donors. We continue to build on the work above modestly while looking at ways to increase capacity in this area. In early 2025 Soundabout undeNent a recruitment drive for 3 staff team roles; Administrator (due to a staff member moving on), Marketing & Communications Officer (new post, repurposing some of the previous Administratols duties). and a Volunteer CO￿rdInatOr (new post, ful￿ funded by the National Lottery grant). This recruitment drive was incredibly successful with 1,074 applications across the roles. The Marketing 8nd Communications Officer started the role in May, outside of this reporting period, and is already enhancing fundraising and income generation efforts. We are incredibly grateful to all our supporters and have listed below, with thanks, the Trusts and Foundations who gave over £5,000". Bally Thomas Charitable Trust EBM Charitable Trust Garfiekl Weston Foundation Golden Bottle Trust Heart of England Inclusive Communities Fund MacFarlane Family Foundation Mariamarina Foundation Morgan Blake Charitable Trust National Lottery Reaching Communities Fund and Awards For All St James's Place Charitable Foundation The Charles Plater Trust The Promenaders Musical Charity The Thomas Curtis Foundation Youth Music Strategic Aim 4: Grow Soundaboufs professional. personal, and cultural profile. Over the past year we have worked hard to grow our profile among organisations within the music sector. the arts sector more widety, as well as the health and social care sector. Most of our efforts have been building connections in the local areas su￿Ound1ng our in-person delivery, creating tangible signposting opportunities and raising awareness of our work among potential recipients and supporters. We worked with 61 partners across the year including 24 from our Choir network. Page 14 SOUNDABOUT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Media coverage has been limited due to staff capacity relating to changes among the Soundabout team and reduced capacity due to the workload of recruitment. Press coverage included Graduate Emerging Leaders being inte￿IeWed live and the 'Shine a Light, original comp¢Y6ition being aired on BBC Radio West Midlands, alongside Sounds Wild articles featuring in NHS publications. Engagement with Soundabout social media channels has increased for example views on the Soundabout YouTube channel InC￿aSed by 180h to 48,138, and Facebook followers has increased by 4.￿ to 5,513. Recwitment of a Marketing and Communications OffI￿r has been the main significant development towards this aim. This is a completely new post and it will provide capacity and expertise in this area which should signifi'cantly. support the growth of Soundabout's profile. Thè recruitment of a Volunteer Co-ordinator will also help to boost Soundabout's profile. This is also a brand new role for the organisation and will allow us to launch a programme that reaches out to new potential supporters offering chances to engage with the organisation in a more bespoke and meaningful way than we have previously been able to offer. We hope that the recruitment of new volunteers will create a pool of engaged people who can advocate for.the charity and raise awareness in their commLtnities and ne￿OrkS, complementing the charity's current small scale champions programme. Finally, to grow our profile we committed to finding and creating platfoms for our participants to perfomi or share their music. achievements, and stories in meaningful ways. Events and perfonnances included the Tewkesbury Big Weekend, Chalkhouse Green Farm Open Gardens, Soundabout concerts in Wiltshire and Oxford, plus a joint workshop with the Nation81 Children's Choir of Great Britain at their spring residential course. The Soundabout Choirs recorded and released 6 music videos, including composing a brand new original song called 'Shine a Light,. Collectively the 6 music videos have been viewed 5,584 times on YouTube. Flnancial Review SoundaboLrt continued to raise sufficient funds to deliver our core projects and services despite a backdrop of high competition for funding and the increased cost of living. The charity's income increased from. the previous financial year by £137k driven by increased grants and donations raised from Trusts and Foundations. Income highlights include new project funding of £216,556 over 3 years from the National Lottery Community Fund, continuation funding of £75,000 from the Mariamarina Foundation, £31,250 from The MacFarl8ne Family Foundation for our community projects and £20,000 each from EBM Charitable Trust and Garfield Weston for our core work. The charity has also spent time in the year developing relationships with new trusts and fundraisers, holding showcasing events and meetings. Expenditure grew by £50k refleding the increase in project activity and service delivery resulting from the rise in income. Looking to the future the charity aims to continue diversifying income streams and prioritising muf(i-year support. Areas of development include eamed income. individual giving, legacies, and communty fundraising. The charity aims to continue stabilising finances in preparation to design an ambitious strategy which will be launched in the 2027 aligning with Soundabouys 30th anniversary. Reserves Policy Under the charity's reserve policy, the Trustees have resolved that the upper limit for unrestricted funds should be set at approximately 3 months staff salaries and core costs {£75,699). Current unrestricted reserves a￿ £62.740. The charity aims to increase Its unrestricted reseNes to their upper limit over the next 2 years. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 20C6. Page 15 SOUNDABOUT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees Trustees are recwited openly, with the role advertised publicly invrting applications from a diverse range of applicants. Applicants are shortlisted and interviewed by a panel of Trustees and Soundabout's CEO. The panel then take their recommendation to the full board of Trustees at a general meeting or annual general meeting who vote to appoint the new Trustees. The Articles of Association provide that one-third of the board shall retire from Offi￿ at each annual general meeting. The Articles allow retiring directors to be eligible for re-election. At the meeting at which a director retires the Articles allow the board to appoint a new director in place of the retiring director. A chair is elected by the Trustees who will then determine how long the chair will hold office. The trustees in the fomi of the Board of Management are responsible for the overall strategic development and control of the charity's activities. Sub was paid to 3 Trustees for expenses incurred during the year. Page 22 continued... SOUNDABOUT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 STAFF COSTS No member of staff eamed more than £60,000 a year. The average number of employees during the year was 11 (2024- 14). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unre5trlcted fund5 R¢8trl¢tèd fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 27,008 27,008 Charitable activities Restricted Funds Unrestricted funds 245,357 245,357 43,605 43,605 Other trading activities Investment income 32,001 4,402 32,001 4,402 Totsl 107,016 245,357 352,373 EXPENDITURE ON Raising funds 7,200 7,200 Charitable activities Restricted Funds Unrestricted funds 291,705 291,705 96,463 96,463 Total 103,663 291,705 395,368 NET INCOMEI{EXPENDITURE) 3,353 (46,348) (42.995) RECONCILIATION OF FUNDS Total funds brought fotward 52,415 132,697 185,112 TOTAL FUNDS CARRIED FORWARD 55,768 88,349 142,117 Page 23 continued... SOUNDABOUT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 INTANGIBLE FIXED ASSETS Wobslto Costs COST At 1 April 2024 Disposals 27,007 (27,007) At 31 March 2025 AMORTISATION At 1 April 2024 Eliminated on disposal 27,007 127,007) At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 10. TANGIBLE FIXED ASSETS Flxture8 and Ilttlngs Plant and ma¢hln Totsls COST At 1 April 2024 and 31 March 2025 34,622 17,874 52,496 DEPRECIATION At 1 April 2024 Charge for year 32,722 1,554 14,924 1,223 47,646 2,777 At 31 March 2025 34,276 16,147 50,423 NET BOOKVALUE At 31 March 2025 1,727 2,073 At 31 March 2024 1,900 2,950 4,850 11. STOCKS 2025 2024 stock 1,235 1,293 Page 24 continued... SOUNDABOUT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trdde debtors Prepayments and a¢cwed income 18,884 2,442 4,096 2,500 21,326 6,596 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Social security and other taxes Accrued expenses 4,161 6,545 4,849 9,105 10,706 13,954 14. MOVEMENT IN FUNDS movement In funds At 114124 At 3113125 Unrestricted funds Unrestricted funds 55,768 6,972 62,740 Restricted funds Restricted funds 86,349 37,163 123,512 TOTAL FUNDS 142,117 44,135 186,252 Net movement in funds, included in the above are as follows: Incomlng resources Rosour¢o5 xpended Movam•nt In funds Unr8Stricted funds Unrestricted funds 139,699 (132,727) 6,972 Restricted funds Restricted funds 350,078 (312,915) 37.163 TOTAL FUNDS 489,777 (445,642) 44,135 Page 25 continued... SOUNDABOUT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Not mov¥m*nt In funds At 114123 At 3113124 Unrestricted funds Unrestricted funds 52,415 3,353 55,768 Restricted funds Restricted funds 132,697 (46,348) 86,349 TOTAL FUNDS 185,112 (42,995) 142,117 Comparative net movement in funds, included in the above are as follows: Incomlng r•sou￿¢S Resources expendod Movement In funds Unrestrfcted funds Unrestricted funds 107,016 (103,663) 3,353 Restrfcted funds Restricted funds 245,357 (291,705) (46,348) TOTAL FUNDS 352,373 (395,368) (42,995) 15. RELATED PARTY DISCLOSURES There have been no relatèd party transactions in the year. Page 26 continued... SOUNDABOUT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 16. SUMMARY OF FUND MOVEMENTS Funds Incoming 31.03.24 Resources Outgoing Resources Funds at 31.03.25 Transfers Restrictsd Income Funds Youth Music Community Programme Soundabout Choirs Emergency Fund Emerging Leader8 Sounds Wild Sounds Sensory Family Support Sounds Together l Lightbulb Community Commissioned Work Associate Choirs Training Schools Music Making 14,189 5,520 18,841 123 3,562 20,470 165 10,401 9,331 66,083 71,514 70,076 74,909 81,382 56,228 5,363 15,652 32,889 123 17,770 14,219 20,000 10,025 5,792 16,276 165 49,535 9,331 75,000 35,866 {25) 3,716 22,715 14,095 570 21,907 16,954 436 783 857 134 56 56 Totsl restricted funds Unrestricted income funds Unrestricted income funds 86,349 350,078 312,915 123,512 55,788 139,699 132,727 62,740 Total charity funds 142,117 489,777 445,642 186,252 Page 27 SOUNDABOUT DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INCOME AND ENDOWMENTS Donations and legacles Donations 18,658 27,008 Other tradlng activities Fundraising events Other trading activities 17,291 24,407 23,865 8,136 41,698 32,001 Investment income Investments 5,534 4,402 Charitsble activities Charitable aGtivities 423,887 288,962 Total Incoming resources 489,777 352,373 EXPENDITURE Ralslng donations and legacles Raising funds 7,458 7,200 Charltable activities Wages Social security Pensions Hire of plant and machinery Rates and water Insurance Practitioner fees Telephone Postage and stationery Advertising Sundries Plant and machinery Fixtu￿$ and fittings 190,135 12,125 4,814 189,219 10,891 4,483 3,150 10,492 2,507 126,177 4,895 2,275 167,351 1,858 3,456 2,670 46,028 1,554 1,223 789 36,788 2,001 6TT 438,184 388,168 Total resour￿ expended 445,642 395,368 Net incomel(expenditure) 44,135 (42,995) This page does not form part of the statLrtory financial statements Page 28