The UK Association for Music Education- Music Mark UNAUDITED ANNUAL REPORT AND FINANCIAL STATEMENTS for the year elided 31 March 2025 Company Registration No 6134823 Charity Registration No 1118542 The UK Association for Music Education - Music Mark REFERENCE AND ADMtNISTRATIVE NFORMATION Coinpany Name The UK Association for Music Education- Music Mark Registered Company Number 6134823 Regyistered Charity Number 1118542 Registered Oftice Southgate Chambers 37-39 Southgate Street Winchester S023 9EH Board of Triistees Ciaran George O'Donnell - Elected October 2023 Clair Mccoll - Elected October 2022 Charlotte Erica Payne- Elected November 2024 Emma Calvert- Resi&Fiied November 2024 Gemma Price- Elecied October 2022 Jennit"er Susan Henley - Elected Noveinber 2024 Janice Ford - Co-opted NOvel￿ber 2021 Jennifer Gilbert . Resigyiied November 2024 Steven Robert Greenall - Co-opted December 2024 (Treasurer from July 20?5) Peter Bolton (Treasurer until July 2025) Peter Nicholas Smalley (Chair) Sarah Louise Lee - Elected October 2023 YogFesh Dattani - co-opted Noveit)ber 2021 Kadiatu Kanneh-mason Kris Halpin Nathaniel Dye Faz Shah Champions Conipany Secretary and Chief Executive ndependent Examiner Bridget Whyte Liv Burrell ACA CTA Knox Cropper LLP 65-68 Leadenhall Street London EC3A 2AD Banker5 CAF Bank Liinited 25 Kingys Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ Solicitors Bates Wells l O Queen Street Place London EC4R I BE Page 2 The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 TRI,'STEES'.4rnli11.4L RF,PORT Tlic Truqtce8 Iivho aTC also directors for thc purw8cs of company lawl prcscnt their report and the Iinancial 8tatcments of the UK ASSULiiiliun fur MusiL EdiiLuIiu MusiL MdTk (the "C'hk)rilJ' or"MusiL MilTk"I for the ende(131 MdTLh 2025 The Trusiccs havL adopicd tlic provisioiis ol. iliL %ialcinent of Rccommcndcd Practice IS()RPI 'Accounting and Re￿)rting by Cliarilics" to b¢ coinpliant with Tr'ii)ai)¢ial Rcporling Staiidard IbRSI 102. Rcli'rciice and adn)Iiiistrativc iiilonnalii)11 sci out on pagc 2 liinns part of this rcp()n. 'l-hc linanLial staieincnls havc becn pr¢parcd in ac¢ordui)LL ￿lIh th¢ dL¢Olllltiiig policic4 s¢t out 01) Pa8c4 18-19 aiid c()mply ￿1111 ihc dppli¢ablc law. th¢ Men)orai)dum ol-ArtiLles ol'AssoLiaiioi) k)nd il)c requirLll)ents ofihe C'.hariiies SORP IFRS 1021. OILIF,I'.TIJ'F.S ACYII'ITIF.&> C.haril#blc Objcils As s(atLd ii) i14 MLlI)orniiduni ofArlicle% and A%s()LLaLion. Mu4iL Mark'% LharilgLI)IL ol)jeLt% are 10 advgLI)LL IhL LduLlliion ol. Ihe publiL iii thL arl ofinu4ic. MusiL Mark is a InLmiK'rship or¥aiii%uliiJii lor InLISIL Lducaiion proli4%ioniil% wilh b()Ih iiidiNidu1cl and ()r¥aiii%uliiJii InLii)hir%hip i>plii)n4. 1)rgiini%aiiÉ)1is inLludL II)Lal iiuiliÉ)riiJJ diid indLpindLnl MusiL SLrviiL%. li)r i)IhLr InusiL ¥duidlii>ii tlidl '4PLdk n% IhL IIIL l)I'p&rinLr%hip ii()rkinb). Niipp(>tiing i)Lir mLn)tL'i% li) dLv¥Iop fruiiliil aiid produLlivc pariiiLrsliip ilirougli i)ur loolkils aiid re%ouriL5. Wc ivill u%L parlii¥r%liip% iviili Pyrtncrships Lduiiltii)ii lind ￿111 d¢v¢li)p JnLI diliv¥r rilivanl. iiLKd4 drivlii. IiiiiipJign4 1)Iir%LIvi% M'iih Adi'ocAcy In%ighif ImpH¢t tIIL l)r￿[lniN￿lII1in￿ dl)d iiidividuals i¥'L %UPP(Iri WLII &% thL IIMpaLt ol'our ivork oil ihL LhildrLlI al)d yiiuiig pLI)pl¢ Thhii IiiusiL LduLatii)ii in Ihe Ilk. In ()rdLf Iv dLIIvLr vur %ifcltL8iL prii?ritlL% IhLrL ArL a151? tl)1118% M'L plai) Iv dv IniLrnalli' li? IiiLrL(ISL tI)L rig){)ur dnd %ii%idinabililN ol'ihe organisalioii and to put Ub in ihe optimdl Pobilion to redliye our godlb. rcvicm. and aiigincnt nur Advisory LninmitlcL to bc irtnTC rcprC￿Cll(atIvc ol-thc 8cclnT and crcatc dditioiial c(?n%u1tllli￿f group%. Ll)l)tiiiiic t() rcgiilJrlJ Jnd n)caiiin8full J con%iilt (iur InLmkrs. Lreate d Ndiional Youtl) Coiiniil for MusiL LdLILalion lo iiifluenLe our priorilies. huild capaciti, within thc nrganisation tn ￿Up￿)rt thc dclivcry ot-this plan and dil'cr.￿lfv thc staft- tean). (?rk Ii) belome Inore finaniicilly resilient as a result of divers1fy.ing our InLome slrecims through lundr?¢isinq 'he I,'K Asso¢i#tion for ￿luSiC Tr'ducation lusic Mark Page 4 The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 Public Benefit Tlie TTUStees hdve referred to the g7uidaiiL< offered bj the Clidrity. Coininissiun iii revie￿11)￿j aiins aiid L)bjeLtives aiid iii planning acti￿ltieS. In pafliLular. Ihe TruS￿e9 consider hom. planned aLl1￿111eS will coniribuie to the aims and objec11￿eS and thcy cnsiire that thcsc activitics arc carricd oiit for thc piiblic beiiefit by dclivcring services that are valucd by mcmbcrs and ttnable tliose M'ith responsibilily iii Ihe seLlor tu develop and adupl best praLtiLe. AcHIF.I'E￿1F.WTS,1hD PF.RfoRMAliCE 2024125 has bLLn a ycar ol-stabililN and gromih for Miisic Mark folloiiing Ihc 1< PW)intineni of a 1<1rgLr sial'f Icam in 2023124. Wilh niuT¢ %t¢il'fih¢ ¢hyril)' has b¢Kn Jbli li) d¥v¢lup ¢idditi()nal %tr¢'Jnis uf i￿ork. ¢xpand ils r¥¢i¢h yiid iii¢r¢J%i it5 JdvL)¢y¢J'. L liangL rLinaiiis signilicaiii in musi¥ Lduialion and Illu LILclion ol'a nLiv govcrnniLni in JUIN 2D24 1i&s rLsullLd in a nuniber ol. qignifiLani rLV1i￿s taking placL ivIIiLh will havL a lÉ)ngLf.ILrin IinpaLt pariicularly In F.nglai)d. Advi)Lac)J Ivork in r.ngland Ii&s 11)LludLd si)Laking rLguliirl) Li) DLPaTLillLI)I li)i E.'diiLaiii)n ()IliiigilN 115 ￿LI7 a8 an illvilLd %pLiikLf iii lin LduLalii)ii SLILLI C'oininitl¢L liiaring 20241 'fhi ￿￿¥￿rlh ioiniiii4%ii)n¢d froin th¢ ind¢pLnd¢nl Ihink tJnk Ik'ini)s M'us publisli¢d in I'¥hriiary 21125. coiifirmiiig r¥giilar Il% by IhL %cilor oi'Lr ihL past liN' yLars lor inirL&%cd and sustaiii¥d iiivc4tinLiil. Mu¥1 2025 hk)% kn'n Lllll)pILILd uiid i%ill inl()rni dLvLI(>pmLnl i)fLngiib7LIIILI)l in Ni)rihLrii IrLland 111 2112.5126. i¥itl) IhL 21123 Ll)iilirLnLL. il ILrJ iyLII iltlLI)dLd ivilh 267 dLILgdtL%. f W NPLiikLr%. 5X Lxliibiliirts diid dddiiiiiiidl >Ji)uiig PL()pIL pLrl()ni)Lr%. 'I'hL l¥LdbiiLk rLLLiVLd Iri)In Ix?Lli d¥l¥¥lliL4 and L¥hibil()rNl%sx)nNiir% N)%itivL. l)¢irlni'r%hipi IirL J kLy prii)rilJ fi)r Mu%iL Mdrk.. In tliL ￿ut[Inin i?1. 21124 il wa4 Li)nfirmLd Ihai Yi)Iing %i)Iiii(Ls IIK wi)Iild dl11￿￿r (hL mu.￿lL Mark mLmbCr￿hlp. l)n801118 partnLr%hlp.￿ wilh ihL AEIR%M, I)MLL. ljrass IJand% F.ngland and LhL (wi) i)LhLY uhj¢it A%%i)4ialinn Ihi I%M and lh¢ M'I'A- haN'¢ siipp()rtid ili¢ ¥liJrity's vi%iiTrn li)r %lriin8¢r ciTrnn¢¢liiin% al a natii)nal l¥v¢l Art% Couiicil LnbilanLI - Ic) uii-sui?p(Irl Ilie Mii%ii I lub iieiw()rk diriis% Liibiland tl)rÉiiigili Irdiiiiiig. 1.2.1 %uppt)ri. ddviLe and resi)urLes. Paxe 5 The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 Trustees Report In 202412) Ihe expanded stair ieam lapwinted in 20231. which l)<2S seen no cl)42nges in personnel during the 5Jear. has enabled tlie ul)arity io expand and dL'velop its work which liaq I￿en ialucd by ai) incrcaqLd Mcmbcrsliip baqL. The PrograiiiiiiLs ￿ld nga8em¢Jit Dir¢ctor Rosie LO￿.¢ v¢Jit on niat¢miry leai'e iii Jwiiiarn. 2024 and thTOU8h an open r¢cniitnienl PTOC¢SS a i)nsiiltanl li&$ b¢¢ii worki1i8 Wltli Miisic Mark - Cjari, Cjriftiths isa￿ appoint¢d ti) cov¢r for h¢r. '[ hi.% r¢￿U[t¢d in a sIMI)utl) tr￿1￿￿ltI0n iviiliin ihe senior leadetship It￿1￿7. A number of Lonsultants Lontinue (o ii'ork w'ith MusiL Mark as spcakcrs and advisors throughout the jcar. A r¢vieis' of th¢ Cliarity's policies and govem¢lnce arrangen)ciits 15 ongoiii& but lias alrcadv ¢n￿ured clo8¢r conipliancc ￿ll11 ChiiTilv Liim, lind o n)or¢ fo¥us¢d iiPPTuu¢h to EM)UTd m¢¢tinss ￿n￿ bTuv¢rntin¥¢. For the Iirsr lime, MugiL Mark. underl(K)k a rccruiimcnt proccss to appÉ)Iiii Lowopicd Trusiccs t() Ihc Fli)ard. Thcrc werc four applicati()n8 and ()nL appiiinlinLnl (%(¥￿ln (-irLx'nhdlli. ()n¥ i)I'ih¥ candiddlL% dLLidLQ io lakL a n)IL i)n ihi Advisi)ry C1)IninitlL￿, evoing concern 'I'hL IiiiiiiiLiiil 4lolLIIILliiS hAvL hLL'ii prLpArcd undLr tlic gning COliCLrii bc15iS. ThL irustL￿'￿ liclVL rcviLwLd IhL linaiiciiil oullonk ¢haril>' 15 IL g()illg u)i)¢¥rn Mii%iL Mark rL'¥ord¥d a %urplLl4 111. iiiLonii ovLr LxpLndilurL lor illl y¥ar lotalling £31.403 Liiiiiparid io a %iirplu% ol'£Q9.502 for 21123124. IlnrL%iriLILd inL(IiiiL inLrL'USLd Ihis )'Lur b> £25,811111() £8111,867 L(ImparLd i() las1 yLar. l-.xp¢iiditurL ol. £15.2111 agaiii%t TLslriLILd luiids rLprcsLnLs I14.813 usld li)r ihi Norih Wist C'.i)iiliriti¥i and r¢inaiiiin8 AC.. granl Iniiney u%ed ti) tuwdrd% Muyil Ldulaliiin I lub parlnership pr()jeLIs. Lxp¢nditurL Iri)In unrL%iriclLd liii)ding incrLdsLd bj £g6,830 11) £769.322. '1'hi5 ri.%¢ ¥viis primurily drivLn b> inLrLu%Ld spLiiding on m¥mlK'r%hip %uppi)rl. Iraining aiid ¥duiation ¥vinls. will as r¥latid ¥iin%uliaii¥y s¥rn'i¢is usid io suppi)rl uiid run and trainiii8. Additionall J. Illi ixpanbiiin ol. aclivililb rLbuliLd in lnirLa￿d iobtb, adinin. IravLI and n￿￿ l¥aJn In¢iMbLrs. impailing payroll LxpLn5l5, IlJirc￿1r1ltcd rcscrvcs inLrc&scd fmm £285,536 to L3111.082. '1'1)crc arc no rcstrictLd fundE carricd lorward. Cash balanLes decreased by £2.524 (0 £322.826 Page 6 The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 Reserves Poliey 'I'lirougli ¢aT¢ftIl inanag¢m¢iit of incom¢ and ¢xp¢nditur¢. Music Mark lias built up r¢s¢rv¢s ov¢r th¢ past y¢ars for g¢n¢Tal L<)ntinbJenLy ieqiiir¢nientS Tlic TrU￿t¢¢.5 hav¢ r¢vi¢iv¢d th¢ l¢v¢l i)f fr¢¢ rcs¢rvcs Itho.%¢ not ti¢d up iii fix¢d ass¢L%. d¢818iiat¢d for a spwific purposc or resiriLtLdl aiid Loll5ider tl)ai a level ol. free reserves equivalent 10 Ihree Imonihs. IMaiiageiMLni and k)dininisiraiion Losts 10 be 8uflILicnt to Lnqiire Ihal ihc Charity could Liintinuc lo mcL't ihL ncedg ol. benLIiLiarics and 8lakLhiildLrs In thc Lvent i)f uii¢xpLLt¢d. %uh4li¢ nlial advcrsl Iiiiaiiknial iircuin%laiiic%. UnrLsirictLd rcscrvcs standing at £318.1182 rL'presLnt 4.54 months ot 2112.$126 bLidgeted InanagLIMeni ai)d adininisiratii)n expciiditure. excludiiig co.frs ()f deliveriiig contereiice%. traiiiiiig and other eveiiL%. 'I'his level is therelore in line with the wlicy. lrtTrL4Stmibnt Poliey ciivir(IiiniLiil ()I' Iiiw ri4k-IrLL' ii)vLslmLnl rLiiim%. liiii(L% dr¥ hLld iii ali iiitLrL¥l-bLiiriiig baiik dLpi)¥il aLiouiit. All in¥oniL Irom invL%lmLnLs 1% U%Ld l()r lurtliLring ihL Lharil&blL ()hjLLIiv¢%. 'I'RII(:'I-l.'liTr,, (7()VTr:RN.IY(.'￿. AND MAy,1(¥￿.MTr,Y.l' <'.onNtitiitiiin (if the ('.h#rity #nd thi. n#ture ol. the (yiiverninx l)Iicument 'I-IIL C'haril)J is a LÉiinpiin>' liii)ilLd b> 8umrdnl￿, IrL8I%ILrLd nunilK'r 61348231 and 1% 811VLrnLd by ils MLini)ruiidLllI) and ArliLIcs iil'A%4()Lialiiin IAdiipl¥d 18 2007, rL'vi%LQ 7 1.Lbruary 21113 diid 4 Ni)vLinbL'r 211211. 'l-lie Q'harilj 14 regi4l¢r¢d ii'iih the Lhdrily C'i)Ininissi(In Iregi%leTed number 11185421 and d(￿% nol have 4hare ¥apilal. Laniiol divid¢nds and Mu￿1 ulilii.c all ils lunds lo lurihcr ils slDt¢d ¥hJrilahli ()bjL¢livc5, Rerruitment ind Appointml￿rtt of 'l'rustces Thc apkX)inlin¢iil ofili¢ Floard ol-Trus11¥5 is gov¢riiid by ihi C".harily's ¥onslilulion. F.li¢l¢d irusliL5 dra￿tI by noniiiialion Irom Ihe Meinbersliip. iiiih d voliiig proL¢bs lor eligible Menibers wl)ere ihere dre more Ldiididdleb tlidll avdildble kX)bly. EleGled Irusleeb generdll) serve flir a terin i)r Ihree year5 eiidingl on Ihe tl)irJ ACJM lollili￿In￿j eleLtii)n. -l-lie BodfLI al￿> has Ihe option to LO-OPt Ic furiliLr ￿iK trU￿tL￿￿ bj qkill %LI to coinplLI)ILnt tl)c LILCtLd board. C'o-OPtLd IrustLL8 l()r tLmi8 ot nnL ycar ￿hli11 lan k" r¢n¢wLd ai disirition ol'ihi ￿)ard. Page 7 The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 Those who served during the year were.. C'haTlotle EriLa Pdyiie Ciarai) CJ¢org¢ O'Donii¢ll C lair Mccoll Elecied Member IN0￿ember 20241 El¢¢t¢d M¢inb¢r F.leclcd Mcmber Emn)a Calveri EILciLd Member (resigned No￿ember 20241 El¢d¢d M¢mh¢r CJ¢mma l)ric¢ Janice Ford Co-optcd Mcmber F.ILclcd Mcniber INoNLinbcr 211241 EILclcd MLinhcr IrL'%igned Noveinber 20241 CI)-É)PlLd MLmber Cn-oplLd MLmber EILctLd MLmbLr IF.IL¥tLd ()LtohLr 211231 Ci)-i)plcd Member luppiiinlcd l)LccinbLr 20241 Co-OPl¥d ETL¢nib¢r Jennilcr %iisaii Hcnley Jennilcr (ill￿￿ ITreL4ureri P¥l¥r Ni¥hola4 8nialliy (C'liuirl %ari( h l.oui.sc l.cc SILvLn Rnk'rl CJreL'I)all Y()g¢sli Diltloni ILD&I Lead) Induetliiii And'l'rAlnlni Ibf NLbW'I'ru%tee All n¥iv 'l'ruslL¥% Hll¢iid tin iiidii¢li(In .1 ru%lw 141)iird M¥¢liiiB wh¥r¥ tli¥ir riilL% lir¥ lullv ¥xpliiiii¢il, 'I'h¥y r¥¥Liv¥ r¢gulJr C liciril) 4 LiirrLnl VILH￿ 111. il% prÉiyrLs5i()n. .1 rii%lLL% Illic y Llaim l()r rLd%()iidblL LxpLn%L% dLILniiiiiLd by uii ￿￿led p(IliL>'l lii¥U￿￿d in und¥rtaking lh¥ Q'haTily-¥ bu.%in¥%s. bul (IILY ￿,￿Li￿, iio r¥inunLra¢ion or oihLr finaniial bLn¥fi(. OrgMnislltion#l %tructure fvlanugement AcLording io the Cl)ari(y s con.stiiulion, the 14(?ard of .1 rusLcLs must hold at least (lirLe IneLtings slear lo take dLcisions abnui ilic stralL8ic dircctiort ai)d ruiiiiing i)f tlic ('liari￿., guidLd b}. Ihc C'hicf F.xcclltLVL. ITalc8ic ￿ld opcratiiiiial dclivcTN' is uiidcriakcn hv thc L'liiLf F.xLcutivc aiid a Ic￿￿ i)f dircclors. I￿￿1aScrS ￿ld i)Iliccrs. Additioiial. stKiialisl suptK)rl is broughi in by way ol. a numb¢T ol. Ir¢clanic ioiitrailoTS and 5upplicrs liniluding HR. IT and rinaniel. 'qILHlity of Opportunity Musli Mdrk is Loniniitied Iu cl pulIL! vf equal uppurtunilies fur dll eniplul'ees dl)d Iv ensuriiig M'itl)In the frdiMei¥urk vf Ihe Idl tlial it% ii'oikplace5 ale fi-et from uiilawtiil or iiiifair di%ciiniiiialion. 'I'lie piinciplts ol-equality art enibeddcd within the NqusiL Mark ethos aiid aTe coiisistently adhei-ed lo iii all activitj ItiLliidiiig recruitilleiit 113oclTd %tafD, plaiining and delivering events and Service￿, IMaTketing and coinmunicationE and within PTogTainine developinent. Page 8 The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 Risk mgn9gement The Trusiees and the Chief E.xeLUtl￿e pa) due Lare ai)d allLntion io risk mai)41gLll)Llli ai)d it is a sianding agenda iien) at all Bi)ard mectingq. Thc ('hicl- F.xcLuiivc. 011 bchalf ill. the Truqtces, maiiitainq an ongoiiig Risk. Rcgister covcring all arcaq of rjiiancial. r¢giilatory. biisii)¢ss, aiid op¢ratioiial risk. Tlie Chief ExeLutlV¥ LS tusked to Jltrt TTU5ttes tu ncw or iliLrtrased risks identified in tjnv LJttbYOry 50 that niiliBatinsi IiLtio11s Lan bL agreLd and IiiiplLIIILnicd &s apprnlpriatc. Riqk &%%Lq%iiicnt of all new activitlcs Is lull51 undcrtaken bsll wa!, of Trustce discu%sians and. wli¥rL nLLo%sary. cxpcrt adviLc i%.%ought and tollowcd. 'I'lie priiicipal risks faced hy the CliaritN'. aiid the acri()iis ro Initigi¢ t¢ th&%e ri8k8. are coii8id¢r¢d lo bc.. Iti,%k Ik'grLL ol'dLpLiidLlILL on MuqiL Setl'lLe ai)d L()ntinii¥d rl￿'ilW and dl￿.￿1()pI17Lnl i)I' NILiiik.r%hip k.nLlil% al()n&%idL in¥(Ini¥. mum￿'r¥hlp di%%iili%luLliiTrii with %uppori NLniiLL% pri)vidLd. I,'IILILd triislLK. ￿)d￿ Idiking iii all rL,ILvanl opiioii i)l-'I ruslLLS willi dL%irLd kn(IwlLd8L arL£LN l?r skill-SLLs i(i.siipplLIIILlIt Related PArtle5 None ol-the current-I'nJ.%tees have any bei)eficial intert%t in any contraLt with tl)e Charits,. Llefven of the .1 rnsiee% who.%er¥ed during ihe vedr were empli)yed (luring Ilie vear bv Musli Serviies or MusiL LduLatii)i) Organisaiic)iib tlidl pdid ani)ual m￿nbcr￿hIp fccs. ()nc i)t tlic'l ruslcL% is an individual McJnlKr of Music Mark and onL thc Lb.() ot-an IndLlStry l)aTtncT. In carry'ing out its obj¥clivcs thL C"haTiII Works in parlncrship ii'iih otliLT organisalions. None ol'ih¥s¥ Organisations is a TelalLd partv within tl)e tem)s of tl)e SORP. Page 9 The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 Fund5 held on b¢half of others In tli¢ ordinclry, Lourse ot-business, MusiL hL)lils anil adrniiiist¢TS fuiids, froin time to tinie, oli behalf of gJTUUPS uf NIusiL Educaiion Org<2nisation MLmEL'rs. Funds are held withii) MusiL Mark's bank aLcounts but are accounied lor beparaiely (see Nol¢ 171. Dishiir%¢in¢iit nf tli¢%¢ fuiid% is niad¢ oli ivritt¢ii agre¢in¢iit fmin Ilie ftiiid liold¢rf%l. PL4NS bOR'I-HE F-11-I'IIR MusiL Mk)rk coniinues to locus on ihe ihree core values ideniilied as part ofihe 202.3 to 2026 business plan.. Bold.. we arL' thL voicc ol. music education. ainbilioiis for ours¥lv¥s and th¢ s¢ctor, striving for excellenLe iii all ihat i%'e do aiid Lnable. Open.. wc arc open to new idLas. Ivays ol'work'ing. and to diversitN of expLricncL'S' wc cfLaiL spaccs wh¢r¢ all ar¢ i￿¢1¢01￿¢ aiid plaltorin iiiaTsfiiidlisLd vuiL¢5: w¢ aT¢ al￿ayS ILdrnilibY and iliiPTovinb. Ilseful." Lvcrything M'L do is rLILvani And USLlul lor IhL Individuals aiid orgunisations WL SUPPOrt: we r¢i()giii4¢ rl iiot alwdy% IIIL ¢xpLri aiid hLliLv¢ ilial partiiLr4liip workiiiu i% kly. Suppi)rl pri)vidin8 an ¥nbiuginy. rLbJ{)r()us und dLv¥fsL pr()gr4LIMIM¥ (il. Iraining and pr(Ili%%i(Inul PdrlnLr%hip% 4lrL'ngthLiiiiig ()ur Lxi4ling Piirlnir%hips and buildiiig nLW ()IIL% ul a nuti()iial ILw¢l and adv(i¢JliiiB lh¥ voliil ol'parin¢r4hip w(Irking al p lii¥iil and r¢sii)iial l¥v¥l. iniludiii8 diliviriiig rilivaiil. n¥id%-dTivin ¥ainpLiign% aiid ¥iill¢iliiig diid %h¢lTing gui(lanL¥. rib()ur¥Ls In%i8JiLS aiid ImpaLL enMn)l*￿IQn1n8 and Lliampioiiiii8 rl￿.￿rl1t and 118 OUtLomL%. promoiing ihL iinpiiTlanLL lil. data litLfaLI'. diid Lvalualing our iinpaL( as a InLinbLrsliip assolialion and InvLslin¥iil Priniipl¥b Suppon Organisalion, Page IQ The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 Ubjectii'es for 2U25126 Duiin¥ the next il M'ill Temuin k) ke! ubjeLliv¢ fur MiisiL lu siippuil ils Inembersliip tu nJvi¥ule Lliaiiue In En¥lJnd this ￿.111 spwifically h¢ link¢d to j1¢￿. goi'¢rninent polici￿ and pri)grWiiM￿ incliidiiig tli¢ outwine of th¢ L'urriculuni and AssLssinent Review.. Devolution and l.ocal liovcniment Rcorganisaiion ai)d thc cstablishmcnt of a new National ('cntre lor Art5. dnd MusiL EduLdtiun. MusiL MuTk will Lontiiiiit to Lliainpiun the inipurtaiiLt uf niiLSiL eduLation OtLbyoin¥ inLrtd5trd riiiancial pr¢%siir¢s on fainili¢% and %¢hools acri)%_% tlic IJK is r¢%ultin8 in incr¢a%¢d iiicquitabl¢ a¢c¢_%s to opwrtuiiili¢s. Iii addiiion. the charity will coniinuc lo loLus on F.qiiiti,. l)ivcrsiisJ and InLlusion. Sustainabilit)'l(hL climate crisis, and devLlop I IuiLI)¢l) a new LI￿1pai￿ link¢d tu nll15i¥ t¢JLhtrr rc¢iiLjtmtrnL rtrltrnlion. Tli¢ BouTd of Trvst¢¢s and Chi¢f Ex¢¢utiv¢ l)uv¢ ugr¢¢d iipon th¢ follom'ing Sp￿]ri¢ u¥tiviti¢s for th¢ furih¢oining y¢UT itl lin¢ 'i(h ihe organisaiion's ihariiable i)bJe¥livcs'. ConlinuL to pravidL rLgular iipportunilie% lor ihL mcinbLY%hip 10 fLcd inio MUNIL Mark's work in pri)vidiiig ¥upporl diid coi)ncction.s &$ M'ell &$ cn4LITiiig tliL voicos ol. mcmhLr8 arc iiilluLncii)g policy aiid pr()LIiLL. Ti) niii iinlinL tind In-￿r8()n evLnL4 and Irciining for llll tlio%e M'i)rkirtg in Inusi¢ Ldu¥ation gLS ILgLd¥rs, lea¥hLrs uiid %iipp()ri %tall'. 11)Lludinb) IhL Ai)Iiudl C'É)nlirL'iiLL INI)vL'inbLr 202fj1. To SpL￿111L￿l1) prowidL %uppori i() IIIL ILadLr% ol. InusiL LduLalion orgai)i%ati()iis as IIILY naviyatL Q"()nlinue lo w()rk wilh Pi)sitii'e PlanLI li) Iiiid wa)5 in wliiLh Mu4ii Mlc Tk Lan reduie it% Larbon foiTrtprint and 5UPP()ri its InLinbirship diid th¢ widir si¢l()r l(I do so ihr()ugli Iraining aiid r¢si)IirLL5. wiirklnrcL. r)¢vLlop partncTShips whiih cn5urc Ihal i'oung rKoplc s voiccs arc h¢ard ul a national lcvcl in musi¢ cduiatioii poliLy aiid praLtiLL. Puge 11 The UK Association for Music Education- Music Mark TRUSTEES, REPORT For the year ended 31 March 2025 STA'I'LMLN'I. Ob 'l'RI,'S'I'LLS' RL%PONSIBILITIES The Trusiees (who are also direLiors ol'The UK AssoLl<2lion lor MusiL Educaiion- Music Mark for ihe purposes ol-Lompan)' laivl are rLsponsible for preparing Ihe Trusiees, RLpori and Ihe linancial siaieinei)Is in aLcordanLe with applicable laiv and lJnit¢d Kingdotn Ac¢oiiiitiiig Siaiidards IlJnit¢d Kii)gdoni (J¢l)¢rall J A¢¢¢pt¢d Accolliitiiig Pra¢li¢¢l. Company la￿, requires (he TrUS￿S to prepare linanLial siatemenis lor eaLh linanclal )'ear whiLh give a true and fair view ol. tlie slJlt uf atliiiTS oftlitr Llial-lt￿lblt LUlliPklllN', inLludii)b tlie inLunie aiid txptnditiire ()f tlie Lliuritable Lunip()ny fuT Iliiit peiiud. In prcparinB th¢st financial %tat¢mcnrs. th¢'l'riist¢es ar¢ r¢quir¢d 10.. Select sui12)ble k)CCOUI)ling poliLies and Ihen appl) (hem consis￿n(ly. Ob5¢rv¢ tli¢ In¢tliods uiid priii¢ipl¢s in tli¢ SORP., MakL judgmLnts and csriniatLS tliat arL fLasonable and prudLni'. Siali ￿h￿ill¢T appliiuhli IIK A¢i()unlinbT %iaiidurds liuvi billi lu110￿¢d, subj¢Lt tu unv Inii¢Lrial dLpiirliiiLS disLliisLd and ¥xplllinLd in tl)L linthnLial %li)tLmLnlN. 'I'li¢ 'l'ru%t¢¢s ar¢ r¢%pi)n%ibl¢ fi)r k¢L'ping pr(IP¢T aiLoiiiiling r¢¥i)Tds ihui di%Llu4¢ wilh T¢&%l)Iiahl¢ aiLuTa¢)' at aiij lini¢ lh¢ 'I'lii% r¢p(irt bL¢rt pr¢pur¢d in #¢¥()rd¥Jn¥L wilh th¢ %p¥¢iul pr(Ivisi()rts i)I' l)#rl l S (Il'll)¢ C'()Inpani¢% ALI 20116 r¢luling i(1 siiiall g¢ 12 Thc UK A.8sociation for m￿sIC Education - Music Mark TR[TffELS' RF.]￿Rr FDr ihe 11 U•rrh m?1 9 Oct .7{￿15 th•lpl*thdl*'. ¢idlJ ij REPORT OF THE INDEPENDENT EXAMINER TO THE MEMBERS OF THE UK ASSOCIATION FOR MUSIC EDUCATION- MUSIC MARK Independent examiner's report to the trustees of Music Mark I report to the charity trustees on my examination of the accounts ol-the Company lor the }'ear ended 31 March 2025. Responslbllltles and basls of report As the charit) s tiwstees ot. the Company land also its directors tor the purw.qes of coinpan). la￿.) you are re.qponsible for the preparation of the accounts in accordance ivith the requirements ol-the Coinpanies Act 2006 {'the 2006 Act,). I lai'ing li8liLd mysLlI- thi& I the aLLOLiiils ol. the Compaii!, are nol rLquirLd to bL aiiditLd under 111& rl 16 01. IhL 2006 ALI and ai'L cligyiblL lor indLpcndLnl exaniinali()n, I rLpoil in rL8PLui ol. my Lxaminali()n ol'yc)ur Lharilv's aLL()unls a% LarriLd out iindLI' 8L¥li()n 145 1)I' th¢ L hariliL4 ALI 21111 I'thL' 2111 l Act'l. In Lai'ry ing) out my Lxamin£ili()n I ha￿'l t<)Ili)M'Ld thL t)ireLlii)ns given hy ihe Chdl'ily Ciiminis8i()n under beclion 145151 (b) ol-lhe 201 l Act. Independent Examiner's Statement Tho Lhcirilcibl¢' ¢()Inpuny'.% gri)%% in¢()mL ¢x¢L'L.dLd £25U.11110 cind l ain (IUiilili¢.d t() undL'rtiiL¢' IhL L'xuminiili()n by bL'in&J u qualili¢.d mLmb¢'r i)r ILAL W. I huvL ¢(Impl¢'l¢.d my ¢xuminali()n. l L()nlirm Ihul n() mullLr4 huvL c()mL l() my ullLnli()n in L(InnL'Lli()n wilh IhL ¢Xiimin4ilii)n giiwing) mc. Luii%¢ l() bLIi¢i'L: a¢¢()unting r¢¢(Irds w¢r¢ ni)L k¢pl in I'¢'sp¢'LI i)I' Ihl C'()mpany a8 r¢quir¢d bj sL¢lic)n 386 c)I'ih¢ 211U6 A¢¢. or IhL' aLLounl% d() nol aLLnrd i¥.'iih ili(IsL rLLI)rds,' (Ir thL aLL()unls d(> n()l L(Imiily ￿..Ith IhL aLL()unliiig) rLqUII'LinLnl% ()I' %Luli(In 396 ()I' Ihc 20116 ALI ()IhLr Ihdll dny rLquirLniLnl thal ihL aLU(>uiiIs givL a 'li'uL dnd lair i'iLi4' iihiLh is nol a mallLr L(>nsidLrLd pari i)l- an iiidLpLnLILnl Lxamiiiali()n' (>r IhL' ac¢ounls havc n()I b¢¢'n pi'L'pur¥d in a¢Loi'dan¢¥ M.'iih Ihc m¢ih()ds and prinLipl¢s ()I' Ihc Sial¢'in¢nl ()I' Rcc()mincndcd l)r6icIiiL l()r a¢¢(iunlin8 (ind rLporting bv ¥harilics. I havc no conLerns and hal'e Lome ucros% no othcr mattcrs in Lonncction iviih thL cxainination to ￿'hICh altcntion should bL draw'n in this report in c)rdLr to Lnablc a pr(Ipcr undLr%landing of thL aLLC)unls lo bc rLaLhed. Liv BurrLII ACA C'I-A For and on behalf of Knox Cropper LLP Chartcrcd Accountants 65-68 Leadenhall Sireet London EC3A 2AD Date: 0611112025 Page 14 The UK Association for Music Education - Music Mark STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 March 2025 Total Total UnrestriLted Restricted Funds Llnrestricted Reslricled 'ole Funds Funds 2025 Funds 2024 Income from: Dunations dnd ]Lg￿lL& c.haritable aLlii'ilies 40U.614 314.566 77,357 4UU.614 14,076 328.642 77,357 41 Ig.()117 286.480 62,070 -495 418.492 17,630 304.110 62.070 OthLI' trading aLlii ilies Inwc%linciils Total income 8111.867 14.1176 81i.943 776.U67 17.135 793.2112 Expenditure on: Raising tundq Q'.IiaritablL aLL1￿117¢S 24.584 721.963 24.584 18,607 633.1169 20.n16 18,607 6iO.217 15.218 737.181 16.348 4.1100 ()IhLI' 22.775 22.775 24.81 () TotAI expenditure Net incomel(expenditurel Trun%lir 76().322 15.218 7t14,5411 672.492 21.1411 693.6411 32.545 1.142 -31.411.1 1113.575 -4.1113 ()().5()2 1.532 1112,1143 1.532 Net movement in funds 32.545 1,142 31,4113 -2.4111 ()9,562 ReconelllAtion of funds: .1 (Ital lund% hroughi loward "l-i)tdl lunds carried t(Invard 2115.536 1,142 2116,C)711 183.493 3.C)23 1147.1 IC) -3 l R.082 118.0112 2115.i3C) 1.142 28(1.(178 All aLtivitics dLrivL frc)m L()ntinuing OPLI'ali()nb. A Sialemenl ol. Ile¥ognised (rains and l.osses is not required as all gains and losses are included in the Sialemenl or inaniial Aclii'ilie5. The note.8 on pages 18 to 27 torm part of the.se tinancial .8tatements Page 15 Thc UK Association for Music Education- MusiL m(￿k BALANCE SHEET as ￿ J l MaTrh ?025 Tt*l fiThlJ 31-MM.24 FIX￿ i) 1049 1649 16 1SJ.112 109.127 325.350 134877 f•llb4 >¥ -161575 -147.7 315.43J 216.678 Tc4•1 Auets 318.082 ?11).678 3IK082 215J36 1.142 Tot•1 ¢h•rt¢y ludl 311.1182 2f4¥.678 For the ￿04￿1 JI 202J the chvlfy eNliled io fnkn undff 477 wth ie¢iMxi 471J Of Act 21KY•. Amall ujmwiex, rymt The fill￿rial the Tnwel IM*p 9 Oct :02$ •wl P¢t¢r Chiir PIV 16 The UK Association for Music Education - Music Mark STATEMENT OF CASH FLOWS For the Year ended 31 March 2025 Total funds Total fiinds 31-Mar-25 31-Mar-24 lole Cash flows from operating activities Net Cash provided by (used inl Operatin8 activities (,gee belolly 11,854 1,142 Cash flows from investing activities Investment inLome 9.330 8.530 Change in Cash And Cash Equivalents in the Reporting Period 2.524 7,388 c.asli aiid L.'ash I'.quivalenls ai Ihe t3cginning ol. thc Repi)I'ling l)erii)d 325.350 317,962 Cmsh Anil c.ash F.qulvalents at the End of the Reporting Period 322.1126 325.350 ReconelllAtion of net movement In funds to net cash flow from operating Aetivltles Net movement in funds for the reporting period 31.723 1)9,562 Adjuslmcnls lor.. Inv¢slmcnl in¥oine 9.330 8.530 I InLrea8cl/dccrcase in dcbtors InireaselldeLrease) in uredilors PurLha%L i)t Fixcd Asscls Net Cash provided by (used in} operAting ctivitie5 46,055 14.776 67,946 24.228 2.969 -11.8)4 1.142 Analysis of cAsh cash equivAlents Cash al bank 322.826 325.350 TotAI cash And cAsh equivalent 322.8?6 325.350 Page 17 The UK Association for Music Education- Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 ACCOUNTINCI POLICIES 1.1 ACCOUNTINO CONVENTIONS ThL finanLial 5tatcincnts haiwc bLLn preparcd undcr the historiLal Lost Lonvcntiun and in alLord￿le M'ith thc Companies Act 2006 and. as a publiL bLnLtit Lntit!.. also M'ith thL' rLquirLmLntS Ut thL StatLmLnt uf RLLommLndLd PraLticL' ALLountin¥ dnd RLPOrting bv ChdritiLS undL'r FinanLidl RLpurting stand￿d IFRSI 102. The fiiianuial sialemenls are prepared in slerling, whiuh is ihe funLlional currenuy ofihe Charily. MonLtdry amounts in thLsL linanLial stdtL'mLnts drL l'oundL￿ to thL llLarLYt pound. 1.2 GOING CONC'ERN The financial statements have been prepared on a going concern ba.si.s. Having ¢arri¢d out r¢guldr r¢vi¢'M.' ot'sLrvi¢Ls and provision. and lunding. thu indi¢ation is thdt th¢ ¢hdrit)' Ivill ruinain s()1￿¢nI. Trusl¢LS r¢'main %4tis1 ILd Lhdt th¢ Qhdrily hd5 suIIILi¢nt ¢ash flow to mL¢l its liabili¢i¢5 (15 ¢h¢'y tall du¢ for at ILust unc ycar li'om IhL dal¢ of. appi'ovul ul'th¢ linun¢ial stat¢'m¢nls. 1.3 ACCOIJN'I'INCJ L4'1-IMA'I'LS In IhL vicw ()l- Ihe .1 rustecs in applying IhL acc<)unling policies ad()plcd, nn.judgemcnls wcrc rLquired Ihal havL a signiliLanl LIILLI ()n IhL aini)unl% rLL()gnisLd in IhL l inaiiLial %tatLmLnl%, noi. d() any LslimalLS (Ir a88uinpli(Ins maLle Larry signi I ILanl I'isk i)I' Inaleriul adjuslmenl in ihe nex( linanLial year. 1.4 '1'AN(il141.1.; I.'IXI,;I) A%SI."I'% ANI) I)I.'PIII.;C IA I'I()N A8sLI.8 iviih d u()sl in LKLL.45 1)1'£500 ihul urL inlLndLd li) bu (Il'()n-gi)ing usL lo Music Murk in Lurr}'ing ()ul ils ULliviliLS urL L'apilalisLd a% lixLd d%SLI%. DLprLLiatic)n 1% pr()vidL'd al I'alLs LalLulalL'd i() wrilLI (Ill'ihL L()%l i)I' IIxL'd a%sL(.4. IL'S.4 IhLif I'L'.%idual wdluL. ()vLr ihLii' cNpLLILd U4Llul IiiiLs ()n IhL li)11()Iving) basis: Olli¢¥ l..Liuipm¢nt - 3 J'cars on a sli'aighi-lin¥ basis 1.5 INCOMI:. All inLI)Ining rLX)ufLLb arL inLludLd ()n IhL %lalLmLnl i)l- l.'inanLial ALliviliLS whLn thL Charity ib ILgall>' LnliilLd ic) IhL inL()mL and ihL ainc)unl Ldn bL qUdnliliLd with rLabc)nablL dLLuraLV. S(>niL Mu%iL SLfi'iLL and L(Irp()rdlL InLmliLrs' IncmbLI'bhip licb rLlalL l(> IhL I￿,LIv￿ mc)nihs lollom'ing joining MusiL Mdi'k. 'I'hcsu ILLS arc Ll'cdilLd ti) inLIiillL prc) I'ala in aLLC)rdanLL M'iih ihu linanLial ycai.. Inuomc reLeiiJed in advance ol'ilie period or ihe evenl lo ￿,hICh il relales is shown as deferred inconie ai Ihe balance shivl dale. 1.6 EXPLNDI'I'URL All expeiidilui'e is avcounled for on an aL¥ruals basis as Ihe liability is incurred and has been classi fied under headings that aggregate all cosls relaled io each aclivily. 1.7 VALUE ADDLD'I'AX I'he Charity. is regislered foi. Value Added 'l'a.x and charges and reinils and recovers lax as appropriale on ils income and expendilure. 1.8 TAXATION The Charitv is exempt from tax on inLome and gains falling within sections 472489 of the Cotyoration Ta.x ALt 2010 or SLL'tion 252 of thL Taxation of ChargcablL Qiains ALt 1992 to thc LXtLnt that thLsL arc applicd to its Lharitablc objcLts. Page J¥ The UK Association for Music Education- Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 1.9 FUND ACCOUNTING Unreslricled funds Lan be used in accordance iviih the charitable objecliiies at the Trustees, discrecion. Restricted tunds can only be used tor prescribed purposes, within the objects of the Charity, Th'hen specitied by the donor or Th'hen lunds are raised tor paili¢ular identilied purposes. Further explanation of the nature of each tund is included in the note.s ¢0 the financial statements. 1.10 STAFF AND SUPPORT CUSTS Staly LOSts al'e dttributL.d to JLtiN'ilies basLd on eslimatLS Ot time spLnt b)1 eaLh member of statf on eaLh aLtiiwity. The Lusls ol. suppc)rL aLlii'iliL's. bLing CiL'llLrdl IndnagL'imLnt and Gc)iJL'I'ndllLL' dLidilL.d in NotLS Yd and 9b. ai'L' alloLatL.d to thL L'xpLndilurL hLadings that appLar on thL 4tatLmL'nt of FinanLial ALtivitiLs in proportion to thL. dirLLtly attributLd staff costs, subj¢Lt to ￿ J. spiLifiL alloivdn¢iy spLLiti¢d in thL tLrms of th¢ us¢ ot'r¢ytriLtLd funds. 1.1 I FINANCIAI, INSTRIIMF.NTS Th¢. charit￿ has ¢l¢¢l¢d i() apply Ih¢' pr(Ivisi()ns c)t %¢¢li()n I I'Basi¢ Finan¢ial instrum¢'nt5' ()I' FR%102 t() ull ()f its fin¢in¢ial inslrumc'nls. l.'inan¢ial ins1i.umunl4 arL I'LK()gnis¢d in lh¥ ¢()mpan> % balanL¢' %hLcl M.'hLn Ih¢' ¢()mp¢iny b¢'¢om¢s parl). ts ihL LonlraLlual provi%ion% ol. IhL in.strumLnl. Basiu linan¥ial as%LI.4. IN'hi¥h inLludu IrudL and oihLr rcuL'ivublLS and Lash and hank balanuL'4. arL iniliully mLasurLd at trunsaLli()n priiL' inLludiiig) Ir¢illsiiulii)ii ui)%l% and arL suhsLquLnily ¢¢irriL.d ul uni()rli4Ld ¢()%l u4ing Ih¥ ¢.I'l¥ulivL' inl¢rLs1 mL'ih()d unlL'%4 IhL uri'ang)¢'inLnl i(In%lilulL'% u Iiiiuniiiig) Ii'¢)nsii¥li(In, Ivh¥rL ihL Ii'aii%iiili(In is mLusur¢d ul Ih¥ prL%Lnt i'(IIuL ()I'ihi lulurL rL¥L'ipl% di4i1)unliJ ul u mdrkLI I'alL' ill. inlirL41. Ilu%i¢ Iinun¥iul liubil iliL.%. including IradL und ()IhL'r puJ'ablL's ihul urL ulu%%i I IL.d dLhi. urL iniliully rLc()gini4Ld ul IhL IransuLlii)n pricL' unli%% IhL' urrung?Iminl L()n%lilulL% u Iinuncing Ii'iinsaLli()n. whLr¢' IhL dL.bi in%lrumLnl 1% mL'asiirLd ui IhL prL.sL'nl vuliiL l)I' IhL lulurL puymL'nl% di%￿)UnIld ul u murkc'l rulL ol. inlLr¢'%l. 'l-radc payables are (IE)li&)atii)ns l() pay l()r g?()i)d.% ()r serviLe.g Ihal hai'e been aL4uired in iIiL ()rdinary' courge i)r busineqs Ir(Im suppliLr%. ALL(iunls payablL ai'L' Lla%%iliLd a% LUI'fLnl liabililiL8 it. paymL'nl li duL' Iviihin i)nL yLar ()r IL%5. 1 [' ni)I, IhL!' afL pfLtsLniLd a% ni)n-LurrLni liabililiL% ihL'n. in whiLh La%L.. IradL' pavahlLts ai'L rL'LI)gni%ed inilially al (ransaelion pricL and .%ub.%L'4uLnili' mLa5urLd al ami)rli%Ld Lo%1 Usin￿ IhL LIILLIIVL inlLfL.%l ralc mLih(7d. 1.12 CAS11 ANI) CASII I.;QUIVAI,I'N'I'S C,ash and ¥ash eqiiival¥nl5 in¥lude ¢a5h ai banks and in hand and shoil-l¢rm d¢tK)sils Thiih a maluril) dlc l¢ ol. Ihree months or le.s5. INCOMF.- DONATIONS AND I.F.CIACIF.S TntAI l1rtrc￿trictcd Rc5trictcd unds Unrc8trictcd Rc8trictcd Fund5 unds Fuiids unds unds 2024 Arts CounLiI Engldnd IACEI Spnnsnrship Donations 400.614 400.614 400.612 495 400.117 14.375 14.375 4.000 4.UOO Total donations and legacies 400.614 400.614 418.987 495 418,492 The negative restl'iLted incoine of Nil (2024- £495) is due to a reduction to the grant income as the project ivas an underspend. Page 19 The UK Association for Music Education - Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 INCOME- CHARITABLE ACTIVITIES Total Total Unreslricled Reslricled Funds Unreslricled Reslricled Funds Funds Funds 2025 Funds Funds 2024 MLmbL'rship sLrviLLS= Meinbership subscriptions Annual LontLfLllLL tLL5 164,041 103.788 164.041 157,367 92.628 157,367 92.6211 14.076 117.864 5,793 Other Lonterence lees 5,793 4,980 17.630 22.610 Education .￿er￿ ice.s'. 'I'raining Lourse lees Sern'ices 20,253 20.691 20,253 211.691 12,135 19.3711 12.135 19.370 Total charitable activities 314.566 14.U76 328.()42 286.4110 17.6.111 -IU4.110 INCOMI.. O'I'I I I,'II I-11A1)ING AC'I'I VI'I'II.;S Total lJnrL%lri¢lL.d RcslriLl¢d Funds lJnr¢%lriulLd RL'%lriulLd Funds 2025 I,'unds I,'und.8 21124 AdvLrti%in 34.5llll 34.5nn 3() 1)50 3().()511 p(In%(Ir%hip Sirvi¢is 37.1157 37.1157 5.11110 5.IlllU TotAI other trAdlng actlvltles 77..157 77..357 ()2.1170 ()2.1170 Spi)ns1)r%liip include% inLnme reLeived loi. prom(Itional %erN'iLe.s proi'ided loi. Ihe A.sM)eialed Board ()I'ihe Royal SLh(Inl% ot MusiL IABIISM). INCOMI:. _ INvf.STMF.NTS Total "l-olal LlnreslriLlcd RcslriLlcd Funds lJnrc%trietcd Rc%trieted Funds 'Iinds 2025 'unds 2U24 Bank intLfLSt 9.33U 9.33U 8,530 8.530 Tot#1 investment income 9,33n 9.330 8.530 8.530 Page 20 The UK Association for Music Education- Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 EXPENDITURE- RAISING FUNDS Total Total Unrestricted Restricted Funds Unrestricted Restricted Funds 2025 Funds 2024 Stall ¢oqLs Idire¢t) Support and indirL'Lt Stdff L05ts Total Raising funds Cosls of raising funds represenls slarriime, assoLialLd support costs for idLnlil j'ing and applying for granl inLomL and dei'eloping i)Iher income slrL&ims. 11.070 13.)14 24.584 11.070 7.788 7.788 13.514 24.584 10.819 10.819 18.6117 18.6117 EXPENDITURE- LHARITABLE ALTIVITIE Total Total Llnreslricled ReslricleL1 Funds Llnre.8lricled Re.8lricted Funds Funds Funds 2025 Fund5 Fund.5 2024 MLmbci%liip support: FreclunLL und Lon.%uliunl8 17.883 2,167 550 4115 111.288 2.1()7 5511 32.297 450 32.747 1.835 LLhniLal .8LlPP()rl (lrtd (IthL'r Ilud dLhis & mi%LLllunL()us 1.835 lall. ¢i).%L% Idir¢¢ll 211.1134 211.1134 179.2111 179,2111 uprA)rl lind indir¢'¢l %l4111'¢()sl% 13.()411 113.()41S 93.4.36 93.436 Anniial and (Iih¢'r ¢()nlii'in¢¢'s: li)ILI &ind i'LnuL hirL 79.3111 .4711 117.771 75.6()7 11.437 117.1114 ¥¢hni¥al SLlPP()rl and ()Ih¢'r I, I'LLlanLL and L()n%ultsnl 32.7311 2,4118 37.253 4,3011 31.086 4,461 35.547 339 ,11211 339 Prinling %tatl' LC)%ts Idirectl 32,454 32,454 29.797 29.797 Supp()rt and indireLt staff c()sts 25,958 25,958 21.681 21.681 Training and cduLali()n: l. reLlanie and consulthnls 45,937 1,316 2.701 45,937 ,316 2.701 33,898 33,898 Bad dcbts & misLLllanL(IUS echiiiLal supporl and oiliei. Stall. co.sL8 Idirectl 9,574 67.936 9.574 83,378 83,378 67.936 Supwrt and indirect staff c05t5 69,618 69.618 57.122 57.122 Total Charitable activities 721.963 15,218 737.181 633.869 16.348 650.217 Page21 The UK Association for Music Education - Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 OTHF.R F.XPF.NDITURF. Total Total UnrestriLted RestriLted Funds UnrestriLted RestriLted Funds Funds Funds 2025 Funds Funds 2024 Other tradin8 activilie.s'. 'I'echniu&i1 SUPPL)ri and oiher Statl'Losts {direct) 70 70 1,768 12.371 4,800 6.568 15,301 15,301 12,371 8upport and indirect scalT costs 7.404 7.404 5,877 5.877 Total 22,77) 22,77) 20.016 4.800 24.816 9a SLIPPORT COSTS- General Inanagcincnl Totol Funds Ilnre.qtricted Total IlnreslriLled ReslriLleLI Re.qtricted l.'unds 2025 2024 CILnLral manugumLnl'. IT & gLnL'rul ()Ifi¢¢' L()St& InsuranLL 19.422 1,353 3,Ilhg 14,11118 1.544 19.422 1,353 3,869 14,808 1.544 24.236 24.236 1,2119 6.1140 16.712 1.209 C'.i)n%ulian¢y & %upp()rt f¢L.% 'I'rawLI and 8ub8i8lLnLL 6.114U 16.712 Prinlingi and udvLrli4ing ALLI)untanLy %LfviLC8 2.579 45.753 2.579 45.753 47,()1111 47.()ll8 43.140 43.140 iall. trainin8 I'c)Idl (jLnLral InanagLinLnl C7.4()4 (7.4()4 1)5,11614 1)5,11614 143.61111 143.680 9b 8111)I)OR'I- CO%'I-8- Cjovcrnance TotAI Funds lJnrc%triLtcd 2025 Unrc%triLtcd RcstriLtLd l. Iinds Rc%triLtcd Funds 2U24 Ciovcrnancc: Sial'flosts 26.201 26.201 3.n84 Accounts preparation IndLPLndcnl Lxaminalion Travel and Ineeting costs StratLgiL dei'Llopmenl Total Ciovernan¢e ¢osL 3,392 2.80U 3.392 2.8UU 3.084 2.000 2.UUO 7,674 40.777 7.674 40.777 4,493 9.477 4,493 Y.477 54.643 54.()43 45.255 45.2)5 TotAI support costs 149.711 149.711 188.9.15 188,915 Governance costs include staff costs for suppK)Iting the Trustee Ineelings for the strategic planning for the charity, the prLparation of 5tdtutor)' aLLL)unts and indLPLndLnt Lxamindtion fLLs. Page 22 The UK Association for Music Education- Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 10 ALLOCATION OF SUPPORT COSTS Total Total Unreslricled Reslricled Funds Unreslricled Reslricled Funds Funds Funds 2025 Funds Funds 2024 Raising tunds C harilable aLtiN'ilies'. 13,514 13,514 10.819 10,819 Membership suppart Annual and othLr LonfL'I'LllLes 113.648 113.648 93.436 93.436 2i.95ti 69,018 7,404 2.111,143 25.L)511 69,618 7.404 2.311,14 21.681 21.681 F,ducation services 57,122 5,877 188.9.35 57,122 5.877 1 ¥8,915 OthLr ¢'xp¢nditur¢ TotAI Alloeated support Costs Supporl Losts al'e alloLalL'd io oihLr aLliviLiLS in propoi'lion lo dirLLI slafi'Losls inLurrLd by ihosL aLL1￿ iliLs. I I EMI)I,()YF.F. Year ended 31-Mar Year ended 31-Mar 2n24 I'h¢' uvL'rugiL numbL'r ()I'Lmpl()yL¢'s diirinu IhL' yL'ur ivus.. C'.hiLI' I..XLLUtivL N(). N(). l)IliLL and admini5lruliN'L %upp()rt 12 12 'I'hL avL'rugL nuiiibLr ()l- lull-limL LqUlfviilLnl Lmpli)yLLS during ihL' )L'ar 10 12a 4'1'AI.'I.' L'()%'I' Year ended 31-Mar Yccir Lndid 31-Mar 21124 SialT Losls for ihc above enipl()vces'. WagLS and salariL5 Nalional insurance 393.4114 331.1181 34.)21 Pension contributions 8.778 7.316 436.783 366.435 PLnsion Lonlribulions I'LlalL to paNmcnls mddc for Incmbcrs ol-slan- in IhL NLS'I. aulo-LnrolmLnl sLhLmL. ThL numbLr ol- highLr paid LmpIO￿.lLs Il'as as lollows.. Year ended 31-Mar Year ended 31-Mar 2n24 No. Total emoluments {salar)'I No. £80.000 to £89.999 The TrustLLS LonsidLr that thL ChiLI- ExLLUtivL rLpfL5Lnts thL kL)' managLniLnl PLrsonnLI tor thL Charity. ThL total remunLrdlion Isdlarv, EmplovLr's National insuranLe Losts and pension contributions) for the Chiet ExeLutl￿e for the year Was £¥0,92912024- £77,877). Pu¥# 23 The UK Association for Music Education- Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 12b ALLOCA'I'ION OF S'I'AFF cos'rs Bl, ACTIVITY Total Total Unreslricled Reslricled Funds Unreslricled Reslricled Funds Funds Funds 2025 Funds Funds 2024 ALtivities'. Raising tunds MLtnbLrship support Annual and other conferences 11,070 211.834 32,454 83.378 11,070 211.834 34,770 83.378 7,788 179.201 7.788 179.201 2,316 29,797 67.936 29,797 67.936 Education seiTr'ices OthLr trading dLtivitiL'Y Support costs: Gcn¢'ral m¢inagLm¢nt (Tovemance 15.301 15.301 12.371 12.371 51,276 29.15h 51,276 29.156 43.140 43.140 2h.202 2fy.202 Tot%1 staff costs 434.467 2.316 436.7x3 366.435 366.435 Stall Losls liave becn ic IIoLatcd to aulivilie.q. inLluding lo support Lo%1%. hascd on the Lstimatcd timc .qpcnt. 13 NL-I. INC()ML Year ended 31-MAr YL'ur Lnd¢.d 31-Mur 2()24 NLt ini(ImL is slalLd allL'r Lhdrgiing: Ind¥p¢'nd¢nl i'xaminLI' .% l¥L.' ¢ui'r¢nl y¢ar IndLPL'ndLnl L'xuminLr .5 IL'L.. pri()r yLur 2.xllo 14 '1'1IIJ%'I'I.'I.:8' 111.'MIJNI,'IIA-I'ION ANI) I.'XI)I.:N%I.:S l)uring lh¢ ycai. a lolal ()1'£1,337 W6￿ paid l() liN'¢ .1 rusl¢cs in rLinibursLininl L'xp¢nsL's.12024 - £457). 15 TangiblL A5SLtS Year ended 31-Mor Year ended 31-Mar 2025 2U24 Office Equipment BalanLC al ihL bLginning of IhL yLar Addition durin8 the year Disposed of dui'ing the }'ear Depreciation charge for ihe year 2,91)9 320 2.649 Page 24 The UK Association for Music Education- Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 16 DEBTORS Year ended 31-Mar Year ended 31-Mar 2025 2024 Trade debtors 64.540 56.287 OthLr dLbtors= Prepayinenls ALLruL.d inLome 90.907 52.825 265 155.182 109,127 17 CASH AT EIANK AN[) AT HAN[) Year ended 31-Mar Y¢(Ir L'nd¢.d 31-Mdr 2024 Flank. _ Lurrenl aLLounls 500 800 Bunk- dLPI)%iI ULL<)Lint8 Lqual LXPLll%L4 Lard 320.IC)4 324.550 322.X2(? 325.350 18 CRI.'I)I'I-()IIS.. AM()I IN'I'% I.'AI.I.INCJ l)111.' WI'I'I I IN ()NI.' YI.'AII Year ended 31-Mar Yc'ar Lnd¢.d 31-Mar 21124 Oih¢r laxu% and social %L¢urily Costs oihLI' Lreditors1sL'L bLI()Ivl AL'Lriidls & dLliri'L(i inuome 827 21.551 21.520 84.522 19 86.996 Trade crcdili)rs 54.855 27.625 162.575 147.799 Other Creditors breakdown MoiiiLs hlld lor rigional groups ol. Inusic service Inembers Musiclll.. 987 Wcst Midlands 5.197 12.189 EdSlLrn 4.538 4.538 Nnrth F.ast 5.789 1.793 16.51 18,520 PMLL liabilities for licence invoices raised 5.040 3.nOO 21.551 21.520 Page 25 The UK Association for Music Education- Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 19 ACCRUALS AND DEFEEiEiED INCOME Year ended 31-Mar Year ended 31-Mar 2025 2024 Trade aLLrua15 7.931 7.564 I'olal ALcruals and creditors 7,9.71 7.564 Deteri'ed income.. Annual subsLriptions Training Iccq Sponsorship and oth¢r lunding ServiLes 53.440 48.995 25 3.588 16.225 15.000 Tot611 DL.l¢'rrLd in¢()mc 79.065 76.9)8 Totals Ilh l)L)6 84.522 D¢l¢rr¢d In¢om¢ Ye4r ended 31-MAr 202.$ DLl¥rrLd inLI)mL' ai l April 21124 InL(Ime dLliri'Ld in IhL yLar Am()unl% ruluasud Iri)m prLVI()US yLars 76.()58 79.1165 -76.L)58 Deferred income at 31 March 2025 79.1165 20 ANAI.YSI% ()P NF."I' AS%P.'I'S BP.'I'Wk.k.N PIJND TotAI T()lal Llnreslri¢l¢d R¢slriLlcd Funds UnrL5lri¥lid Reslri¥t¥d I". unds 2025 Fund.% Fund.$ 2024 Tangible Assets C'.uri'Lnl a5bLIs 2,649 478.UU8 2.649 478.UU8 433.335 1,142 434,477 -147,799 Current liabilities -162,575 -162,575 -147.799 Total funds 318.U82 318.U82 285.536 1.142 286,678 Page 26 The UK Association for Music Education- Music Mark NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 21 MOVEMbN'f IN FUNDS Ai IsiApril 2024 Transfer between runds At31st March 2025 Incoine Expendilure Unrestric(ed funds.. General tund 285.536 801.867 -769.322 318,082 Reslricled inuome lunds: Ails Council England North WLYt C'ontL'rLnLL 405 405 737 14.076 14.813 Totdl R15ti'iLt¢d Fund 1.142 14.076 15.218 TotAI Funds 28fi.6711 815.94.3 -7114.540 3111.nX2 21 MUVF.MI.:N'f% IN FUN[)% {u)ntinucdl .1 ranslir Ai l.8( April 2U23 Ai31st lund5 Mar¥h 2U24 Incoine l.;xpendilure UnrLtstriL(Ld fund8'. (JLnLral lund 183.493 776.067 -672.492 1,532 285,536 RL%lriLLLd inL(?m¢ lund8: Alt% L'()unLiI I',ngiluiid l.l)P N()rth WLs1 C'()nlii'L'nLL 1.350 495 -450 405 2.273 17.(130 -20.()98 1.532 737 ()lal RL.%lriclLd I. unds 3.623 17,135 71)3.?112 1,532 1.142 TotAI Funds -()93.()40 2¥().1)78 ReslriLled lunds li)r the Art.% CounLiI l.'ngland sh(Iivn in (able ahove lo(alling £405 wa8 an underspend due lo not rele1￿ ing purLhase ini'oice lor a cnnlracled cosl. this ivas cleared in 2024-25. The North West C.onlerence balance of £737 was used in ihe 2024 ConlerenLe. 22 RLLA'I'LD PAR'I'Y 'I'RANSAC'.'I'IONS Thirteen trLlStees who ￿er￿'ed dliring the J'ear; Ciaran Q'Dnnnell. Clair Mccoll. Charlntte Pa)Jne. F.mma Caliwert. Cjemma Price. Jennitei. Henley. .lan Ford, Jenniter Ciilbert. Steven Cireenall. Peter Bolton. Peter Smalley, Sarah l.ee and Yogesh Dattani ivcrc cmploycd during thc )wcar b), MusiL Education Organisations that paid mcmbci'ship tee5. and loi. conterence and training attendance. These fees were at standard, advertised 'amis-length' rate5. Pag¢27