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 expc*Jied. 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 chorit*s
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 l*he 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
79*38
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