2025-07-31-accounts

REGISTERED COMPANY NUMBER.. 06274330 IEngland aT￿wales) REGlSfEREDCFIARITY NLIM8ER= 1125303 IEngland and Wale51 REPORT OF THETRUSTEESAND UNAVDITEDFINANCIAL STATEMENTS FORTHEYEAA ENDEL131STJULY2025 FOR MUSIC AND AR15 PRODucnoN LEEDS Bu5ines5 WDrk5 UK Ltd 4 Ltd8ett Lane Garforth Leeds West Yurkshlre LS25 IEQ

MUSIC AND ARTS PRODUCTION LEED5 CONTENTS OF THE ANNUAL REPORT FOR THE YEAR ENDED 31STJULY 2025 ReterencE andAdmlnistratlve Detalls Report ofthefrustee5 Independent Examlner's Report Statement of Fln?nclolArtlvRI¢s Balance Sheet StatemÈnt of Cash Flows Notes to the Stst•Mentof C45h Flows iu Note5 to the Fln4nclal Siatements 11 to 18 DEtalledStatementof FlnandalArtlvltles 19 to 20

MUSICAND ARTS PRODUCTION LEED5 REFERENCE AND AOMINISTRATIVE DETAILS FOR THE YEAR ENDED315TJULY 2025 TRUSTEES l Gude115 Iresigned 26.01.20261 SHassan Q Hope L Lloyd-Henry M Maokerjee G Rosenberglolorni G Y#tÈ5 COMPANYSECREfARY Tsmlth REGISTERED OFFICE Hope HDU5e 65 Mabgate Le2d5 West Yorkshlre LS9 7DR REGISTERED COMPANY NLIMBER 06274330 (England and Wales) REGISTERED CHARITY NUMBER 1125303 IEn8land #nd Wales) INDEPENDENTEKAMINER Hancock & Hastlng5 Llmrted Sulte 2. Ashton Squa Bu51ness Centre 22 Ashton Squ8re DuDst&ble LU6 3SN BANKERS The Co-operattve bank PO Box 250 Skelmersdale WN86WT KEY MANAGEMENT PERSONNEL Tom Smlth Charlotte Stobb2rt Zen4 Zenon05- Walke¥ WEBSITE wN*w.mapcharlty.org Pa8e I

MUSIC AND ARTS PRODUCTION LEEDS REPORT OFTHETRU5TEES FOR TTrIE YEAR ENDÉD 31STJULY 2025 Thetru5teeswho are alsa dlredors of the charityforthe purposes ol the Companles Act20061 Present their rpportwith the financial statements of the charfty for the year ended 315t July 2025. The trustees have adopted the prov15ions of Accounting and Reporting by Charltie5.' StatemEnt af Recommended praC￿ce appllcable to chaiities prepadng their account5 In attordÈnte with the Flnancial Reportlng Stèndard applicèble in the UK£nd Republlc of Ireland IFRS 1021 leffectlve lJinvJry 20191. OBJErnVESAND AcrivrriES Obledlves and alms OblÈetlvÈs The advancementof ed￿￿tIOn in the arts and muslc. 21 The promot5on of racial ham￿nY and diversitythroyEh the Medi￿rn of arts forthe public benefit by promotln8aCtl¥ltles to foster knowledge and understandlng between people of different raclal groups at)d dlverse backgrounds. The promotlon of èquallty ènd dlverslty for the publk beneftt by (for example).. lal the ellmlnat5on of dlserlmlnatlon on the grounds gf racei gender, disabllityi sèxual orlÈntation or religlon., Ibl advancing educatlon Ènd ra15ip8 awarene55 in eqvality and dlversity; Icl promoting artivities to foster understsndinE between people from diverse backBrounds,' Idl cultivatsng 1 sÈntim@nt In favourofeqvallty and dlverslty. In fvrtherance ofthese oblectlves, Music and Art5 Production leeds IMAP), ha5 establlshed an arts centre situated at Hope Foundryi 65 Mab8ate, Leeds. whlch Is made up of arts and music studios far educ8tlon sesstons. creatlve workspaces and an 8dloln5ng space that is su5tableforexhibition5, workshups & pprformance. MAF'S arts¢entrÉ provides afi altegnatlve Èducatton provlsion programme offerfn8arts. muslt and dlgital medla Èducation tourses to voung people who have difficulty ID attÈsslng malnstrÈÈm school educktlon. MAP Élso prtrvldÈs aftÈr-sthool arts sesslons and intains a volunteer proeromme. Hope House 6allery Is hostto art exhlbltlons Jnd events.. the work presented ranEe5 from that of young people at school to colle8e and unlverslty students. rhrough to professlonal artists. Alms To empower young peopleto take a greater responsibility for their own well-bein& To en3bleyoun8 peoplewlth dlfflculty &cces%ng mainstream educatlon to access provlslon. To eocourage young people to 8thlovÈ accrodltod quèllfltatlons for EhÈlr wo To Increase opportunities In 4rts mu51c foryoung people In Leed& To entouraBeyoung people to furthertheir educatlon after schDOI. To encouraEethe developrnentof new skills in the arts and mu51C. To enablegre8ter access to the arts and music for the public To broaden posslble Ilfe experlences of the public and in particular within disadvantaged communiti￿. Actlvltles and strategy The alms are addressed by a serlES of attlvitlÈs dèsl8nÉd to 2chiÈve spÈtlfit resuks. Targets wlll bÈ set by the manègemènt In IlnÈ wlth activltyexperlenced durlngthe previousyearand will t3ke inta account any proposed eX￿nsIon, whichwi11 be ratifie41 by the nexttrusteÈs' méÈtlng. Page 2

MU51CAND ART5 PRODUCTION LEEDS REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 315TJULY2025 ACHIEVEMENT AND PERFORMANCE CharitsblÈactlvitlÈs Educatlon Schools Edu¢atlon 37 p&rtlcltKnts 64.7% attend£￿e 3622 hours used 96% achlevement of qualificatlons entered Work Experlente Educatlon Volunteers 4partldpants 4 p3rt1clpant5 20 opportunlti 57 everts 254.5 opÈnltsg hours 142 hour5 263 haurs Creatlve Partners Input Events & Exhlbltlons 377 artlswpartlclpants 7586V151torsfylewers Summary young people have contlnued to access educ2tlon cours￿, develop thelr5kllls, confidence and Self esteem and succe5sfullyachleve quallflcations. P051tlve enEagemeDt wlth crea￿ve partnershlpopportunltles has contlnued and MAP has recelved posltlveleedback from qualltyassurance actlvltles by relerrln8 organisations and ex3rn1natlork boards. MAP Charity ha5 used both its restrlctÈd and deslgnated fund to Invest In the 6feund Iloor Hope House spaces thls year and has developed the representatlon of MAP Charity and cultural offerÈngs at fpstivals and othprvenues as well as tnaintainin8 the incomE stream through tu1tural èvents In Hope House. The Events team have maintalned and developed relatlonships ￿th profes51onal artlsts and corporate partners to supportthe cultural piogram. education pfovtslon and fundralslns activitle5. The lÈadÈ¥shipteam has reviewed the assl8nment of assoclated f￿ndS aTSd c05t allocation directlyto departments has been Implemented in this year's afjnu31 accuunts. allowln8 foTTllOTe accuratE [no￿lt￿rIng and repurtlng wlthln each 8¢￿VEly. Edutatloh The attendance levels for theyear 2024-25 are broadly CDn515tentwhen compared to the prevk>usyeirl-2.4%1. The eduratiijn progran>me continuès to be highly regaTded as dellverlne quality provlslon. meetlngthe Quallty Assurance requlrementsfor exam board5 and rp.ferrinE schoo15 and organisatlDn5. The Educatlon teatn cDntlnups to dEllver BT£C Level I Introdvctory qU811fl£8tlon5 8nd Funttlonal Skills. and the achlevement rate for 2024-25 is cons15tentwith that Inthe PTevlou5 academlc year. with 24 qualifications achieved. CrÈatlvÈ partnershlps with the education team have5trengthened thisyeaf, Wth young peDple accwing 20 opportunitie5 to Èn888È wth professional creative partners, Includlng those whD aretenants In Hope Foundry Workspace ThÈ Èducatlon Income for 2024-25 of £141.SS2 has decreased from the pwiou5yearwhere it was £156,000 forthe arèdemi¢ year dueto slightly lower ￿ferra1 numbeTS. Cultural Events Income from cultural events was£162,000 in the year endingjuty 25 compared to £144,000 In the year endlngjuly 24. th15 In¢re8se Is duÈto the Increased numberof evEnts tsklrE place In Hope House, in other venues and at fe5tiv?15. This Income stream Is expected to Increase In the year eDdingJuly 2026 dueto refvrblshed spacès on thtr8round floor. Sncreasln8 the capacity to deliver a wlder range of tultural events. Hope Foundry W¢)rk$pacÈs The Hope Foundry Workspaces have had an average occupancy of È2% for the year endln8 2025 and an Incorne of É78,OD), In Ilne with MAP'5 targets redevelopment ptsns for the building. Irwestment ID the Second floor part5tloned workspaces made Workspa￿ more accesslble to potential treative partners from summer 2025. MAPTradln8 Leeds Ltd, a whollyownÈd subsldlarytradingarm to MAP Charlty. collects Incomefrom refttlngw0r￿p3ces wlthin Hope Foundry and doThates theseto MAP Charlty on a monrhly basis. Ten3nts beneflt from the development of publicfacing swce5 ori the grouod floor. Page 3

MUSICAND ARTS PRODUCTION LEEDS REPORT OFTHEYRUSTEES FOR THE YEAR ENDED JIST)ULY 2025 ndrablng The total Incorne from vnre5tilcted gÈneral donètlons fc>r theyear ending31 July 2025 year is £62,aoowhlch 15 lower than thai of the year endin£ 31 JUEY 2D24, which was £168,ODD, the hl8htrflgtsre from 2024 was due predominantly to one13rge majorgift. Thetotal incomp frotn granls throughout theyear ending 31 July 2025 was approxÈmately £57,000 compared to £150,000 in theypar endlnE 31 ju￿ 2024. Th1$ decrease in gr4nt Incomè Is dtse to Teduced capacity in the fundralsing team In the year pndln8 July 25. Thls is belng addressed In theyear8head through recruitrnent of a Trusts and Grants Mana8er. FIIIANCIAL REVIEW Performance In year Income from Grant5 and donations In the yearto 31 July 2D25 was É119,0(Xl. Iniomefrom eventswas £162,000. an Increase from 20241£144,8911 due to conilnued Input of resource5. Capltal Investment ffOlS1 the de5igTrated fund and extendlng the programme of evenls. MAP Charityalms to increase the del￿ery0f cukural Event5 throughout the yeèrendln8 2026, Includlng the use ofthe relurbSshed Refectoryspaceto dlverslfy and Intenslfy the cultural programrnlnB. In 2019 MAP purchased Hope Foundryfor£l.075.OtKI using a loon torthe full Jmountwhich wa5 relinanced in Septernber 2024. u51ng a mort8a8ed loan, repayable by 31 AuEUSt 2029. The interest on this loan is pald each month throuzhoutthe 24-25 flnan¢ial year. shO￿ld fln3n£lal health allowthefund5to become available, MAP Charlty hopes to de¢r￿se the loan amountln orderto reduce Interest p3ymeDtS. ReseNes Pollcy Itlsthe policy of MAP Charityth4t free regerves should be maSntalned at a level sufficientto 5U5taln the opÈratk>n of the charityfor four month¥ th£ t2r2et being at least £IOO,000. Thls is due to be revlewed In the yearahead. Durlng the piior ye3r the ch¥rity e5tabllshed è deslgnated fund which equals the equitythatthÈ tharity holds In Its properry. belng the cafrylng value le$5 Qutstandlng balance on thÈ mortgè8e, thls amount5 to £325,(YJO12024'. £325,0001- The trustee5 have 4lsotr3nsfÈrred £87.51)J oul of the designated furLd for thls yearfs devÈlopment of the bulldln8. At the year end the free reSeTh￿ ofthe charity amttuthted to £126,861 for 202512024.. E124.6881 whlch Is In accordance wlth the chariV5 reserves pollcy. Futurepl#n5 In 2025126 MAP Charlly's alms to Sustain and dEvelop IncDmp opportunities from educatlon. cultural event￿ Income stream53s well 3s Increased trvrts 8nd Krants income throuEh the recruitmènt of a Trusts and Grants Mahager. Itls MAP CharIt￿$gOaL to maintaiTh a lenancyoctupancy of at least 80%on Hope Foundrfs workspaces InthÈ yÈarendlngJuly 2026. Thech4riÉyw¢ll npedto grow the capacltyand expertlse 0ftheeventSte&￿todeWelQp4nd dlverslfythecultural offeratHope House, as well a5 malntaln relationships wlth partners and promoters in the wlder cultUT41 scene. MAP'5 Educatlon team wlll contlnue to maintain gix>d relations wlth exlstlng referrlng organisa￿On5 and seek to enEage In regional nd titywlde alternatl¥e educatlon partner5hlp5 to 5UPPtrrt increased referral Impact and Income. Page 4

MUSICAND ARYS PRODUCTION LEEDS REPORT OF YHETRUSTEES FOR THEYEAR ENDED 31STJULY 2025 STRUrntRE, GOVERNANCE AND MANAGEMENT Go¥Èrnln8 dtstument The charityiscontrolled byitsgovernlnE docvment, a deedoftru5t, and constitutes4 IlmltÈd company, Ilmlted by8uarèntee, as defined bythe Companles Act 2006. Nature of fjovernlng Docurnent Muslc And Arts Production Leed515 o private re¥i5tered charltable company Ilmlted by guarantee, with no sharp capitsl, intorporated on the 8thJtrnÈ 2007 and governed by Its MemL>randum and A¥ticles ofA550flation. Each Member undertaku to pay an amount not e¥ceeding£lO towards IlabllltSes In the event of the charity belnE dlssolved. M4wmEhl The policy and general managetnent of the affalrs of MAP are dlrected by the Tru5tee5, or third of whom rÈtlre eath year by rtstatlon. but are ellglble for re-election. The da￿t￿daY m3na¥ement of MAP Is carrled out by the managers, Tom Smlth, Charlotte Stobbart, Cat Havers and Zena Zenonos- Walker. The trustees affirm and malntain thelrcommltment to Safeguarding and Chlld Protectlon, He£lth and&fety, Behaviour and Antl-Bullylng policies and Equal Dpportunrcie5 PDllcles. Pay Pollcy The char5ty employs three sÈnlor mÈmbers of staff. Their remuneratlon is deterrnrned by the trustÈÈs, havlng regard to the nature of the r¢>lÈ. the Indlvldual'5 eXper1p.n￿ and the charfV5 flnanclal posltlon. The trustees alm to ensure that remuneT4tion rernalns appropriate and tonslstÈntwlth comparable roles In similar organ15ation5. Retrultmen¢ appolntmentand IrolTringof trustee5 Trustees 4re appolnted with 3 vlew to dlverslty. sound experience In a Telatèd flÈld or protesslon21 eKpertlse In a relevant area. Such cand1dates afe gNÈn flrst-hand experlence ol the work of MAP and are InvttÈd to a Trustees, meetlng. Apwlntment Ss then condltlon81 on the approval of the TrustÈes eÈnerallv. All newtrustees are approprlately trained, and ill exi5tlDgtru5tPE5 reolve updates from the Chorltles Commission. Key m8naEemerbt remuneTatlon The tru5teesconsiderthe PrDjett DlrÈctors. FtnanclalOfflc&r and Educatlon Managewsa5 comprfslngthe kty mana8ement personnel of the chatlty In ch8r8e of directing and controlling the charity and runnlng and operatlng the charity on a d3y-to-day ￿515. All trustee5 givp their timÈ freely ènd no trustee remuneratlon w45 P31d in the year. Deta115 of trustee expe4)se5 and related p%rty IransaC￿enS3re dlsclosed in note 8 and 18 to thetln2ncial siatements. Go¥ernanca MAP forma51y supports the PTIntl￿ÉS of the Code Df Good Governance as devetoped byThe Governance Hub. R15k Pollry Ttustee5 place a high prlorityon rlsk management. Rlsk51dentified are categorised as folk)ws.' -Governanceand management rlsks Operitional risks -External a#dtampllance rtsks, including the Government reducing 5chLTrD15' 8blllty to spend on a1teMatlve provision fortheir pupils. It15th2 pollcyof the trusteesto review all rlsks an an anntsal b3$15. Thegnnual revlew seeks to e5tabli5hthèt all risks are docotnÈnted andthat steps to mltlgate such risks are e5tabllshed expcJied. A5 a result of thls proces4 the trustees are 5attsfied that resldual rlsks are mlnlmi5ed. Page 5

MUSIC AND ARTS PRODUCTION LEEDS REPORT OFTHE TRUSTEES FOR THE YEAR ENDED alSTJULY 2025 Publlt Beneflt Thetrustees are aware of the Charktycommlsslon's advlce on Charltle5 and Publlc BenefiL Thetru5teesconfirm thatthey have referred tDthe wJld8ncecontalned In the Charlty comm15slon'sgeneralg￿IdèThCe on publlcbeneflt when rèvlewln8 the Charlty's 21ms and oblectlves and in plannlng future actl¥lties lorthÈyÈar. MAP Is of beneflt to the publlc. speEiflcalty youn8 peE>ple 5truglin8 to accEss mglnstream edtscatlon. Thls benefit Is not ￿$trI￿ed by the public's ?bility to pay. nor Is It unreasonably restrlcted geographically. MAP is also of benefit to the publle In piovldln8 arts exhlbltlons and events that foster understanding between pwple of dlfferent groups and promotinB equallty Hnd dlversity. For quantitÈtive evldence supportlng thSs please see 5￿tion oD'Achievement and Performance, Ipage 31 Approved by ordÈrofthe board of rrustees on.al.1R￿.￿I{.. and 51gned on Its behalFby'. M Mookerlee-chalr of the Board ofTNJsiees Page 6

INDEPENDENTEXAMINER'S REPORTTOTHE TRUSTEES OF MUSICAND ARTS PRODUCTION LEEDS FOR THEYEAR ENDED 315TIULY 2025 Independentexamlner's report tothe tru5teps of Muslc8nd Arts Produdlon Leeds I'the Companw) I reportio thÈtrustees Iwhoare alsodlrectorsforthe purpose of ajmpany lawl on myexamlnatlon of thefinanthal statementsof Mu51c and Art5 Productlon Lepd5 Ithe charkable comp8nVI for the year ended 31st luly 2025 whlth comprlse the statement ol Flnancl81 Attlvltles, the Ba￿nce Sheet, the Staternentof Cash Fltsws and related Th)tes. This report ts made solelyto the charlty's trustsè. as 3 body. In accordance wlth Section 145 of thÈ Ch2ritlÈs Act 2011. Mywork has been undertaken so that I mlaht state to the charitvs trustees those matters l %m requlred to state to them 5rk thi5 report and foT no ather purposp. To the fullESt extent permltted by law, I do not ac￿pt or a55ume re5ponslbilllYt08nyone otherthat)thetharlryand the chorits trustees as b body,for rnyworl forth￿ repo¥t.orforthe oplnlons I have formed. Responslbllltle5 and bas15 of Teptirt As tru5tee5 of the ChaTltable Company. you are re5pon%ble for the preparatlon rif the fittanclÈl statements In accord8nce wllh the requlrements of the Companie5Art 2006 lhe Act'l. Having 5at15fied rny5elf that the financlal statements of the charitable coM￿nY are not rpqulred to be audited under Part 16 of Ihe Act and are eliglble for independent eyamlnatlon. I report In respect of my examiDatlon of your Charitable CoTnp4nVs flnanclal 5t4teFnent è5 carrled out undersectlon 145 of the Charittes Att 2011 I'the 2011 Act'l. In carrying out my examinatlon I have followed the Dlrectlons glven by the Charity Commlsslon under sectlon 145151 Ibl of the 2011 ACL An Independent pxamlnatlon does not Involvegatheringall the evideDte that Is rÈquirÈd In an audlt and consequentty does not cover all the matters that an auditor wn51ders In glvlne thelr Dplnlon on the flnanci31 statements. The plannln8 and conduct of an audk 80es beyDnd thE Ilmlted 8ssu¥ance that an indeppndent ex4mlnatlon can provlde. Consequentlyi l express no oplnion 35 to whether the firEanclal stslements preset>t è'true and falrf view, and my report Is lirnlted to those specific rnattets Set in thE IndEpendent examlner's statement. Indepondentex4mlnÈrf$stateMent Slnte the charitable company's gr055 income èxceeded £250,IX)Oyour examiner musl be a member of a body listed in 5ertiDn 145 of the 2011 Alt. I ian conf4rm that l am qualified to undÈrtakè the examln2tlon because l am a reglstered member of CJMAwhlch is one of the115ted bodies. I have completed iTry exèmlnat5on. I confSrm that n? matter5 have tome to my attontlon In connectlon wlth the examlnatlon glvlnB me eause to believe.. èccountin8 iecords were not kept in re5pert otthe Chèrltable Company as requlred bysection 386of the 20[￿ ACL. or the flnan¢181 statement5do not auord with those records; or the flnancial staternent5 do not comply wlth the accountlT¥g requiremenis of sertion 396 of the 2006 Att other than any requlrementthattheflnanclal statementsgfve a true and fairviewwhlth is nota matter consldered as of an Independent exarnln3tion,' or the finÈnclal statements have not been prep4red In a￿OrdaThCe wlth the mÈthods and prlnclples of the Statement of Recomrnethded prattl￿ for accounting and reportlng by charities lapplIca￿E to ch8rltles preparlnE their accounts In accordance with the F14)anclal Reporting5tsndarrt appllt&ble in the UK 2nd Republic of Ireland IFR5 10211. have no concÈrns and havè tome across no other matters in connection with the examlnatlon to whlch attentlon should be drawn In thls report In order to enablea proper under5taNJlnÈ of the fln£ncl8l statements to be reached. Hancock & Ha5tings Limited Suite 2, Ashton Square Buslne5sCentre 22 Ashtan Square Ounstable LU6 3SN Date.. 2610512026 Page 7

MUSIC AND ARTS PRODUCTION LEEDS STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING THE INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDEU JISYJUIY 21)25 2025 Totsl fund5 2024 Total lunds Unrestrkted fvnd Aestrlcted funds Notes INCOME FROM Donatlons Donatlons Grants 61305 2,000 62,305 57.082 168,636 151,317 55,082 CharltabIe¥tt￿ttleS Education IncomÈ Eventslncome Instsr8ntÈ woceeds MerchandI5e 141.856 162,134 141,856 162,134 155,947 26,765 17,505 17,505 Invesimeni Income Investment Income Tolal 464,520 55,082 519,602 715.S99 EXPENDITURE ON Raisingfund5 37,730 37,730 54,189 Charlt&bleartMtles Irectcost5 Personnel costs Supportiosts LD3n interest 284,941 104,113 45,IZ4 Tl,938 139.OB2 424.023 104,113 45,124 77,938 143,571 28L186 56.980 43.(MJO Total 549,846 139,082 6B8.928 578,926 NET INCOME 185,3261 184,0001 1169,1261 136,673 Los5 on m5xed rnotive Investment property Gain on rev31u8tlon of tat)glble fixed asset Transfer between fund5 Nel movement In funds 185,3261 184,0001 1169,3261 136,673 RECONCILIATION OF FiINDS Totsl funds brouBhtfoTward 617,D26 701.026 564,353 TOTAL FUNDS CARRIED FORWARD 531,700 531.7LYJ 701,026 The notes fomi partof thesèfinonciÉl statÈmÈnts Page 8

MUSICAND ARTS PRODucfioN LEEDS BALANCE SHEET 31STJULY 1025 2025 Total fund5 2024 Total fijnds FIXEDASS Unrestricted fund Restricted funds Notes Tar¢glble flxed asset li 7(X),000 700,000 700.000 Mixed mOt￿e Inve5ttnent property 700 700 CLIRRENT ASSETS Debtors Cash at bank and In hand 13 55,9Y9 40300 96.279 279.117 208,679 40,300 248,979 483,033 CREDITOR5 Amounts falllng due YAthin oneye4r 14 42,2Y9 41279 11.182,1)071 NEfcuRRENT A55ETS 206 700 roTAtASSETS LESS CURRENT LIABILMES 1,566AOO 40,300 L606,7 701,026 CREDITOR5 Amountsfallingdue aftpr moTethèn one year 15 11,075,QOOI (Lo75,￿0} NET ASSErs FUNDS Designated lund-capitsl Assets Restrletedfunds Deslgnated fund- Hope Foundry Unrestrkted fundslfree reserve51 18 325000 325￿(￿) 84.000 167.338 7938 TOTALFUNDS The charitsble company Is entitled to exemptitsn from &udlt under Sectlon 477 of the Companie5 Act 2CK16 for the year ended 31st Ivly 2025. The members have not required tho company to obtaln an audlt of Its financial 5tsteTnents for the year ended 31stJuly 2025 accordèncew¢th Sectlon 476 olthe CompaniesAct 2006. Thetrustees acknowledge their re5ponslbilitles for epsuring that the charitable CDtnpany keeps accountlnE record5 that comply with Se¢tlor>s 386 and 387 of the Companles Act2006 ènd preparl)g flnanclal statement5 whlch glve 8 true and falr vlew of the state of zffairs of the charltable comparty as at thÈ end of each lin4nciÈl year and of Its surplu5 or deficit fDr e8ch financial year in accordancp wlth the requlrements of Sectlons 394 and 395 and which othprwlse comply wlth the requlrements of the Companles Act 2006 ￿lating to the rinanclal statements, so far a5 3pplicable to the charitable company. These financi415t&ternents have been prepaTed in accordance with the provtslons applicèble to chariiable companles sublett to the small companles, resime. The flThancl315tatemeht5 wÈre approved by the Board of Trustees Ènd a￿thOrIsed for Issue on2q+l.14nd were slgt)ed on Its behalf O Hope ITrpa5urerl-Trustee The #otÈs fDrm partof these flnanclal staiemenls Page 9

MUSIC ANDARTS PRODUCTION LEEDS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31STJULY 2025 1015 2024 NotB5 Cash Ilows from operatlngactfvltle5 ash generated from operatlons Net cash provided by opÉratlng advltles Investin8 actlvities Income from Investment propertie5 Expendlture In relatlon to flKed èsset 78,720 68,042 Nèt cash provlded by lused Inl1nve5tment ictlvlties Flnanclng a¢tlvkles 177,9381 143,0001 Change in cash and cash equfvalents the reportlng PErled 151,8161 124,945 Cash and cish eq￿l￿alentS atthe be8lnnln8 of the reportln8 perlcd 203 916 Cash and t8sh equlvalents atthe erxl of the reportln8 period 152,100 203,916 The note5 fom part of these flnanclal ststements Pa8e 10

MUSIC AND ARTS PRODUCTION IEEDS NOTESTO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 315TJULY 2025 RecoNCILIATIONOF NETINCOMETO NET CASH FLOW FROM OPERATING AcrivmES 2025 2024 14et Incomtfw the report1￿ perlod la5 per the Staiement of Flnan¢lal ActlvStlesl 1169,3261 136,673 lThterèst Pay8ble eueasellncrease In debtors Income from Inwestment propÈrtlÈs IDecreaselllntrease In credltor5 77,938 182,238 178,7201 43,000 1117.4851 168.0421 Nettash provlded byoperatlons 152,59È1 99.903 The nores form part ofthe5e finan¢lal statements Page It

MUSIC ANDARTS PRODUCTION LEEDS NOTES TOTHE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31STJULY 2025 ACCOVNTtNG POLICIES 8a$150f prepoTinKftnattclalstatements The flnancial statements of the charltable eompanyt whlch is a public bÈnÈfit entty under FRS 102, have b2en prepared accordance wlrh thp. Charlties SORP IFRS 1021'Attountlng and Reporting byCharltie5'. StatemÈnt of Recommcnded Practlce applicablÈto chÈrltlÈs preparing their accounts in acCordan￿WIth the Flna)clal Reportlng Standlrd applicable in the UK and Republic of Ireland IFRS 1021 Ipffective lJa)uary 20191., Fioancial Reportingstandard 102 Yhe Flnanclal Reportingstandard appllcable In the UK and Republlc of Ireland, &nd the CDmpanles Act 2006. The f5nancial 5tstements have been prepared underthe historltal costconventlon, exceptforinve5trnent properties andtan8ibleflxed asset5 whlch 3re includpd at market value. The financlal stBtÈments are presented In sterllng* which Is the funttlonal currency of the comwny and round2d to the nearest £. The financlal statpmeEIt5 have been prepared on i going concern basls. the trustee5 have assessed the foreseeable lutuie belng a perlod of not les5 than 12 month5 Irorn the date of slEnlng of the balance sheet 2nd have identlfled no materlal uncertainties re8arding the c￿rIt￿$ go1￿￿ concem status. As documented Irs notes 14 and 16 the chaiity rn0rt8a8e amountlng to É1,075,OOD was duE for rep8yment on 30 September 2025. The twsteès h&ve secured fundlng to repay the cuirent mortgage and the newfuDdin815 rep8yable on 31 August 2029. The sl8nlflcantaccountÈnB policies app11ed In preparatlon of these financ￿1 statementsaresetotst below.Thesepoll¢ie5 have been conslstenttyapplied to all years presented unless otherwlse stated. Al Inctsmèisrecognlsed In Income and e¥penditure once the tharlty hasentitlementto thefuntLs, itis prob¥blethatthÈ Income wlll be re￿iVed, and the amount can be measured reliably. For dc>Dat¢ons to be recognlsed the charitywlll have been nollfied of the amo¥nts and the settlement dateln wrltin8. If there are conditions attachEd to thp donation and thls requires a level uf perfotmance before entitlement can be Libtalned, then lthtome Isdeferred untilthose condition5 arefully met orthefulfllmentof th05econditions Is withln the control Dftheckr1ty. and it Is probable th2t theywlll be fulfilled. IntomÉ from govemment and other are retognlsed at lalr value when the rhartly has entltlement after any performance colldltlons have been met, It Is probable that the inctsme wlll be recelved, and the amount can be me3sured Yellably. If entltlement15 riot met, then these amounts are deferred. Expendlture Llablllrles are recogni5ed as expendlture as soon as there 15 a legal or constrUttlvÈ obll8ation commlttlng the charliy to that expenditure, it Is probable that a transfer of economSc beneflts wlll be requlred in settlement the arnount of the obligatlon c£n be measured rellably. Éxpenditure is accountedforon an accruals bas15 and has beenclas5ifled under heading5 that &ggre83te 811 cost related to the ￿tegOry. Where costs cannot be direct5y 3ttributÈd to particular he2dlngs, they have bÈÈn allocèted to activitles on a basis COn515tent with the use of resources. Propertle$ The ch3rity only h35 une bulldinE. belng Hope House. thls property has been recognized based on It5 functlonality. The top two floorszre cla$5ifled as a mlxed motnie Investment property a5 theyare eltherturrently bolng rented out orwill be In the futtsro. The tonanis are predominantly sm311 to med5￿m-s1Zed creatlve buslnesses and £re part of the charlty's v15Ion to develop a creatlve hub. The grDund floor and basement are used by the charlty to run Its èctiwties and house It5 admlnlstratlve fuTrctlon and 3re classlfied as a tanelble asset. The origlnal costDfthe bulldlngand Itscurientvaluearepro-rated between thetwoelementsbased on floorspace. Addltlon5 to the b￿lI￿rn8 are recognlzed on an actual b8s1s. The buildsng was valued by an Independent quollfied RICS surwor on 7 December 2024. The trustees do not belleve that there was a matcrfal dlfference If thevaluB of the bulldlng at th15 date and asat the iÈporting date. The valuer has extenslye experience of valuing bulldinES of th15 nature the local arèa. The Valua￿on was based on the Red Book and wa5 rnain derfved from the ￿leS prlre5 achieved by ￿MIlar bulldlnE inthè area, IlÈxÈd for the speclal characterlstics of Hope House. TanEiblollxed assets Freehold property- depreciatlon rate 0% The bulldlng iscarrled at falrvalue, and thecontlnued programme of maintenance and development means that the re5Idual V31ue Is not materially dlfferent from the current£arryln8value. Galns and losses are recognized In the othercomprehenslve PaEe 12 contlnued...

MUSICAND ART5 PRODUCTION LEEDS NOTESTO THE FINANCIAL STATEMENTS-¢ontlnued FOR THE YEAR ENDED 3tsrJuiY 2025 Ittcome section of the State¥nent ef FlnaDclol Art￿lly. Invesh7)ent propqrtSE$ Investment property is shown atfèlrvalue. Anya88re8ate surplus ordeficlt arlsithE from changes in falrvalue Is Tecognlsed incomE and expenditure. T7xatlon The charlty Is emempt from corporatlon tax on It5 charltoblÈ actfvitles. IrrecoverableVATls Included Inthe cost ofthe Iternsto whlch It relatesto. Fund accourrtlng Unrestrlcted funds can be used In accordancewlth the charitable oblectlves atthe dlxretion of thetrustees. Dp51gD*edfundsare uorestrlrted fijnds whlchthe trustees have ear-marked foTa specSflc purpose. Restrlcted hjnds can only be used fDr p8rtlcular Te5tri¢ted purposes wlthin the objerts tsf the charlty. Restrlctlon5 arise when speclfted bythedonor orwh&n funds are ralsed for partlcular restrlctd purp05e5. Furtherexpl4n4tlon of the nature and pyrpose of each fund Is included Sn the notestoiheflnttnclal 5tateMent& Penslon £05ts and other p05t-retlrempnt bet)efit$ charitoble compèny operatP5 a deflned contributlon penslon scheme. CoDtrfbutions payable to the charitable company's pen51on scheme are charged to Income and expenditure in the p2riod to whlch they relate. Debtor$ Ind credltors reolv•ble I pay4blewlthln one year Debtor5 and credltors with no stated Interest raie and recelvable or payable wlthln one year are tecorded &t trèn5actlon price. Any losses ar151ng from irDpal¥mÈnt are recognlsed In expendlture. GRANTS RECEIVABIE 2025 2024 Gr8nt5 TEceSved NatlDnal Lottery GrJnt YoTk5hlre YotsngAchSeveT5 Foundatlon Leeds CSty Council West York5hlre Combined Authorlty Henry Smlth Ch3rity Innovatlon Leeds Tar6etEd Community Experience5 St Jameg Place Charitable Foundatlon The Charles and E151e SykesTru5t Unllmlted Micro Capltal grant 1.633 14,701 5,000 1,25D 10,000 25.000 23,500 84,000 10,866 10,000 2,000 8.449 2,0 io,oc 57,082 151,317 INVESTMENT INCOME 2025 2024 Property renial Income 78,720 68.042 Pale 13 tontSnued...

MUSIC AND ARTS PRODucfioN LEEDS NOTES TOTHE FINANCIALSTATEMENTS- ¢ontlnued FOR THEYEAR ENDED 31STJULY Z025 RAISING FLINDS 2025 2024 C05t of s81es Fund raislng costs-wages 28,797 8,933 22.995 3¥194 37.730 54.189 CHARITABLE AcfiviTIES COSTS Dlrect 0St515er Note 61 Stsyport ¢o$ts (see Note 7) Totals Direct Costs PeTSDnnÈl costs Other costs Loan Interest 424,023 424M23 104,113 45,124 104.113 45,124 424,023 Z27,175 651,198 DIREcf COSTSOF CHARITAOLE ACTIVITIES 2025 2024 Educalion expenses Events expenditure Merchandlse Rent and ratÈ5 Facilitlès and maintènance Office expenses Le631 & prole$51onal fees Refurblshment costs 149,777 102,996 4.781 1,242 29,099 8,203 25,141 8,865 37,502 1,934 3,017 9,873 5,203 17,516 424,023 143,571 5UPPORTCOSTS Managemtnt Flnance Tota15 Personrtel costs Facilltie5 and general cost5 L08n Interest 104,113 45.124 104,113 45.124 149.237 77,938 227,J75 TRUSTEE5' REMUNERATION AND BENEFIT5 Therp were no trustee5' remuneratlL>n or irther benefits for the year endlng31stJuly 2025 nor for the year ended 31st July 2024. Tru5teE$' expenses There were no Èrustees. expÈnses pald for the yÈ#r endlng 31stJuly 2025 nor for the year ended 31stJuly 2024. INDEPENDENT EMfvgINEW5 REMUNERATION The Independentex8mlnerfs remuneratlon amounts to an Independent exaffllnatlon fee of £75012024= £3.6541. Farother serv1ces the independent examlDer recelved £nll12024 £1,967). Page 14 Dntinued...

MUSICAND ARTS PRODUCTION LEEDS NOTESTO THE FINANCIAL STATEMENTS-continued FOR THE YEAR ENDED JISTJULY 2025 io. STAFF COSYS 2025 2024 Wages and 5alarles Social security c05ts Other pen51on costs Freelance costs 265,242 9,633 5,105 25 233.759 17.460 5.188 24 305.503 281.186 The Chtsrfty considers It5 key management personnel comprlsed.. the trustee5, the Prolect tJ1rertors, Office ènd Education ana8er5. The totsl employment cost5 of the key management peisonnel in the financial year were £171,295 12024..£166.1691. Staff cost5 have been allocated beiween ch3rltable actlvlties and futsdra151n8 actlvltie5 on a reasonable ba515. based en the proportion of tlme spent by st£ff on eJth actiwty. The number ol empbyee5 vJhose employee beneflts lexcluding ptnplDypr pen5Ion c05ts1 forthe reporting peritxl ex£eeded E60,000 was,, ZOZ5 2024 £60,ODDto £69.999 Reimknrsed expen5e5, which are all 5ubjÈtt to the c￿rI￿9 process of Internal contru15, do not form part of remuneration 8nd are not Included atrrfjve. The average menthly nurnberof employees durlng the yearw45 8slollow5'. 2025 2024 Mana8ement Delfvery5taff Ji. TANGIBLE FIXED ASSET VALUE As 151 A￿Ust 2024 At 31$1 July 2025 700.000 700,OOD 12. MIXED MOTIVE INVESTMENT PROPERTY VALUE At I"August 2024 At 31" July 2025 700,1X)O 700,￿0 Page 15 contlnued...

MV51CAND ART5 PRODUCTION LEEDS NOTÉSTO THE FINANCIALSTATEMENTS- ¢tsntlnued FOR THE YEAR ENDED 315TJ15LY 2025 13. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONEYEAR 2025 1024 Trade and ftsndlng debtor5 Other debtors- secured Erant fundln8 VAT Stock Prepayments 56,971 16,800 66,065 162,265 2,544 2,993 96,279 279,117 14. CREDITORS: AMOUNTS FALLING DUE w￿MIN ONE YEAR 2025 2024 Credltor5 in the ordinary coursp trf 3ctlvilie5 Social 5ecurltyand other taxes VAT Other loans Isee note 161 Accruals and deferred Income other creditors 6,365 12.8401 6,449 30,312 9.604 7.438 1075,000 59,653 31,318 42,279 1,182.007 15. CREDITORS: AMOUNTS FALLING DUE AFTER MOREYHAN ONE YEAR 2025 2024 Other102ns1see rsote 161 1,075,IA)O LOANS An 3nalysls of the rnaturity of loans is glven below.. 2025 2024 Amounts f&lllng due between two 3Dd flve years: other loans- 2-5 years 1,075.000 other loans TÈpreseni a flxed rate17.5%1 mort8agewlth a flnal repayment date of 31st Au8USt 2029. The Set￿rItY for the loan Is Hope House. PaEe 16 continued...

MUSIC AND ARTS PRODUCTION LEEDS NOTESTO THE FINANCIAL STATENIENTS-contlnued FOR THE YEAR ENDEP 319TJULY 202S 17. MOVEMENT IN FUNDS Net movement In f￿dS Transfer between fijnds At 3117125 At V8124 Vnrestrlcted fund5 General fund Designated futhd4uture developmentof Hope Foundry Desi8nated fUnd-ca￿trI Assets 124,688 176.5421 78.716 126,862 167,338 825,000 784) I78,7￿) 79.83B 325.000 Restrlcted funds Leeds Clty Council- Innov8tlon Leeds 84,000 TOTAL FUNDS The tran5ferfrom restricted fund5 to unrestricted fund51s because of ￿pits1 expendlture on the bulldlng belng undertaken, meaning thatthe promlse that treated the restrictÈd fund has been satisfled. Net movement In funds, Included In the above are a5follows.' Incorning Resources Resour￿5 expended Movement In fijrtds Unrestrlded funds General fund De5ignatÈd fijnd4utu￿deVertspMent of Hope Foundry 464,520 1541.0621 176,5421 18.7841 18,7841 RestTl£ted funds Natlonal Lottery Grant Henry Srnlth Charlty West York5hlre Combined authorltv Innovatlon Leeds Targeled Communlty Experlences Unlim>tÈd Micro capltèl grÈnt 1,633 25.000 10,000 11,6331 125,0001 iio,oool 184.0001 18.4491 184,1M)01 8.449 io 139 082 TOTAL FUNDS 28 16 PaEe 17 tontlnued...

MUSICANDARTS PRODUCTION LeEDS NOTESTOTHE FINANCIAL STATEMENTS- contlnued FOR ThE YEAR END£D 31STJULY 2025 CoMpara￿ve$fOrMe¥eM8nt In funds Net movement Infund5 Tiansfets b¢twe¢ fund5 At 3117124 AI 118123 Uttrestrtcted fund$ General fund Desi8natEd funds-future dÈveSopment of Hope Foundry De51gthated funds- Capital A55et5 115,832 112,500 325,OOD 7.1 52,838 3,750 126,688 165.338 325.000 Re5trftted fund5 Sir Geor8c MartlnTTUSt Leeds In5plred Fund Yorkshlte Young Achievers Arts Leeds 5ma11 Sparks Fund Leeds aty Council- lonovatloo leed5 13.0001 11,4211 12,5001 1,421 2,500 3,750 350 13.7501 13501 TOTAL WJNDS Comparatl¥e net movement In funds, includEd In the above are as fallDW5'. IncornlDg Re5ouFce5 Resotjrces expended Moverwent in funds Unre5trf¢ted furvjs General fund Desl8nated fLtn(Ffvtwe devÈlopment of Hope Foundry 455,032 447.926 7.106 59,662 52,838 Restrkled funds Slr George Martln Trust Leeds Inspired Fund Small Sparks Fund N4tionil LotteryGrant Henry Stnith Chailty Yorkshire Young Achlevers Innevatlon Leeds Tar8eted Community Experlence5 St James. Placp Ch3ritable Foundatlon 3.000 1.421 350 14,701 23,5 7,500 13,0001 11.4211 13501 14.701 23,500 5,000 84,mD 10,866 12,5001 84,LN)O 10,866 148 067 338 TOTAL FUNDS 715 599 Desisthated fund-future development ol bulldlng Thls has been de51gnatÈd for tho development of the Hope House Project. DeslKnatesfund- CapltalAssets Aseparate fund has beÈn ostabllshed to iepre5ent the value ol the bulldlng less any autstandlr* mort6aBe. Page 18

MUSICAND ARTS PRODUCTION LEEDS NOTESTOTHE FINANCIALSTATEMENTS-contlnued FOR THE YEAR ENDED315TJVLY 2025 R¢$trfcted fund$ Art5 C()uncll England- Nati￿31 Lottery Grant 5UPPOrt Awarded to assbt with the dellvery of workshops for women Grant znd non-binaEY pÈople on muslc productlon. deeSayln8 and analog mlxers. Provlslon of music industry talks wlth a grass roots record label on professlonal muslc development. Pravlslon of Ilve muslt events from a diverse range of lotal and national ￿rtISerS. WÈst Yorkshlre Combined Author5ty Gr4nt support awzrded to supportthe EducatSon programmÈ UnlimitÈd Micro Capltal 8T4nt Funding toward5 anaccesslble ramp and toilets In Hope House Henry Smith Charlty Awarded to support53laryttssis In the Educatlon department leeds Clty Councll- Innovatlon Leeds Awaided lof the refurb15hmeni of the bulldlng Tar8eted Cammunlty Experlences Awardedto supportsalarytostslnthe Edu£atii)n department ofyrll cohort dellvery 18. REL4TED PARTY DISCLOSURES uring the year. the company made the following rplated party tr8nsaction5. MAPTr2dlnE LITnited DurlDg theyear. Muslcand Art5 Productlon Leeds receNed £78,720 In donatlOn512D24.. £66,514) from MAPTradin8 Llmlted, company in which M¥slc and Arts Productlon ieeds15 4 diredur. Page 19