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2024-03-31-accounts

AMP Music Yorkshire

(formerly North Yorkshire Youth Music Action Zone)

A company limited by guarantee and a registered charity

ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended

31 March 2024

UNAUDITED

Company Number: 07035894 Charity number 1134287

HPH Chartered Accountants 54 Bootham YORK YO30 7XZ

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

CONTENTS page
Directors' and Trustees' Annual Report 1 - 18
Independent Examiner's Report 19
Statement of Financial Activities and Income and Expenditure Account 20
Balance Sheet 21
Notes to the Financial Statements 22-30

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

The Directors (who are also the Trustees of the Charity and whose details are shown in the reference and administrative section of this report) are pleased to present their Annual Report together with the Financial Statements of the Charity for the year ended 31 March 2024.

The Financial Statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

The Charity is a Public Benefit Entity.

Objectives and activities

The objects for which the charity is formed shall be to advance the music education of children and young people, primarily but not exclusively in rural North Yorkshire, by:-

North Yorkshire Youth Music Action Zone (“NYMAZ”) rebranded to AMP in February 2024, after a period of consultation with trustees and stakeholders (including young people).

AMP works with strategic partners to deliver high quality music-making activities for children and young people across rural North Yorkshire. Working across a range of music genres and styles, the company’s projects enable young people to access learning, performance and progression routes opportunities with highly skilled artists and develop new musical, personal and social skills.

The Trustees believe they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to guidance published by the Charity Commission in respect of public benefit.

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Objectives and activities

AMP aims to:

Main Objectives for the Year 2023/24:

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Objectives and activities (continued)

Strategies for Implementation

Project Delivery

Monitoring and Evaluation

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Objectives and activities (continued)

Promoting the Charitable Company

Finances

4

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Statistics, achievements and performance

AMP measures its performance against strategic objectives targets identified in AMP’s Business Plan 2023-26, as well as against projected outcomes agreed with funders such as Youth Music. Key targets were met and exceeded in 2023-24 across a range of strategic objectives including:

Successful engagement with children and young people

(In 2022-23 we engaged 2,270 children and young people in person and 6,825 online. In 202122 we engaged 4,503 children and young people in person and 127,958 online. In 2020-21 we engaged 354 participants in person plus 287,227 online. In person figures were 3,234 in 2019-20, 1,578 in 2018-19)

Anomalies seen in figures seen in 2020-22 were affected by lockdown trends in engagement.

Evidence of impact

Evaluation of music projects using Youth Music’s Outcomes approach showed that activities delivered against a wide range of musical, social, and personal outcomes for young participants experiencing a range of challenging circumstances from economic deprivation to rural isolation. Sources of evidence from questionnaires were collected from participants, music leaders, parents/carers and professionals, alongside progress assessments, peer observation notes, case studies and partner reports. We analysed data from across the whole programme which indicated that, in 2023-24, AMP has met or made significant progress towards its projected outcomes. The statistics cited below indicate selected samples of the various evidence we collected to demonstrate impact.

“My biggest takeaway is that I should believe in myself more because sometimes I stop myself doing things in apprehension that I'm not going to be good enough or because of my learning difficulties that people will think I'm useless, but by doing this I know I can achieve good things.” AMP: Plugged In Participant

“P enjoyed the show and rated day one a 9.5 out of 10. He’d never stayed in a hotel room on his own before, he managed to stay alone all night with no disturbances.”

Participant from a PRU on a music project which involved a residential trip to London

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

“This time round I’ve been far more independent, working more independently with the school and developing skills in managing a project overall which has been great and going from AMP: Plugged In to now this internship has provided those stepping stones and been really helpful.” SEND Practitioner Intern

“R now has more confidence being in close proximity to other children and performing in front of them. He previously would avoid being too close to other young children.” Parent from Little Notes

“S now has better emotional self-regulation when things don’t go ‘his way’.” Parent from Little Notes

Outcome 1: Improve children and young people's creativity, musical skills and expression through music.

Early Years weekly music sessions in libraries are growing, with two new locations being established in 2023-24 (Catterick and Bentham). 43% of attendances are regular attendees. 93% of parents (all parents/carers at Little Notes sessions) reported that because of the project their child has improved their ability to express themselves through music

235 schools from across England, from Cumbria down to Kent, have accessed our online concert, ON Tour (Opera North), and its associated resources.

55% of core participants responded to evaluation.

62% of responding participants shared that they felt they’d got ‘better’ at playing music in a group.

96% of responding participants felt they had improved their musical listening skills because of the project.

We covered the following genres in provision this year including Beat Boxing, Jazz, Classical, Folk, Indie, Alternative, Nursery Rhymes and story-telling songs, DJing, plus activities featured African Instruments and South Asian Instruments.

Rural Fest became the AMP: Plugged In Producers programme, which meant the six young producers got to fully create a brand and curate a line up for their own event series or festival at a venue of their own choice.

Outcome 2:

To enhance Participants' wellbeing, confidence and self-esteem.

100% of children and young people who completed our evaluation said they felt they were given the chance to share their ideas.

After producing AMP: Plugged In festival, Come As You Are, 100% of the young producers (aged 1825) reported the programme had ‘showed them there are things (they) can be proud of'.

95% of parents at Little Notes sessions who answered our feedback reported that their child/children appeared calmer and more relaxed after the session

100% of respondents said over the course of the project they have got more confident in sharing ideas and speaking with others.

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Case Study: PRU participant, residential trip from North Yorkshire to London:

K didn’t want to come to the overnight residential the day before it was due to happen, however she came along in the end.

She was quiet at the start of the trip and reluctant to chat.

She did express an interest in beatboxing & hip hop so was very up for watching the show.

She stated afterwards she loved it. The two young people then got to take part in a workshop with Conrad Murray afterwards. She didn’t want to get involved at first and only wanted to watch, however with some encouragement she did join in and even beatboxed with a microphone in front of the other participants.

She said she would be happy to be involved in the show next year, despite being a school leaver by that point. This prompted a conversation with the Pied Piper producer, who is more than happy for ARCADE to facilitate this and make it possible.

K has mentioned being anxious when walking around in Scarborough, however she was leading the way around London and seemed very comfortable. Both teachers commented on this and said how impressed they were.

Here are some words that participants used to describe their experience on AMP projects:

“Educational” “Brilliant” “Fun” “Awesome” “Beautiful” “Amazing” “Happy” “Entertaining”

Outcome 3: To embed youth voice and inclusion within music leaders and partner practice and delivery.

We have provided training in inclusive practice through our Networks and CPD offer. We can see that through this support and guidance we are reaching more and more children and young people in challenging circumstances.

93% of core participants that responded to our evaluation identified as being in challenging circumstances compared to 64% last year. The four most prominent of these circumstances were Rurally Isolated, Special Educational Needs, Economic Deprivation and Mental Ill Health. We also reached:

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Outcome 3: (continued)

64% of our core participants that responded to evaluation identified as White British, 20% identified as Irish, and 4% as Other White. 12% of our core participants were from global majorities. The county representation of global majority population of citizens is 6%.

Youth voice is more embedded with visible long-term progression. E.g. our board has two further young trustees: 55% now aged 30 or under, including the Chair; four are former participants. A current AMP: Plugged In producer has just been accepted on to Launchpad Future Leaders and another has set up their own audio technology company. One of our alumni is now a Project Coordinator at Launchpad, managing the EMI North Partnership.

Strengthening the sector through workforce development

Monitoring and evaluation demonstrated that AMP’s workforce and organisational development activities continue to have strong levels of engagement and contributed to improving quality and standards of music delivery for children and young people in North Yorkshire. 100% of attendees to our Early Years Conference in March 2024 rated the quality of the conference as excellent or good.

“The day was very well organised; the content and guest speakers were very informative and engaging. Lots of opportunities for questions. An all-round great day.” Conference Attendee

“Huge thanks – I felt nourished, nurtured, and genuinely cared for!” Conference Attendee

Our freelance team has grown to include alumni from our AMP: Plugged In (youth voice) programme. We now have a greater number of young artists aged 25 or under regularly delivering work for us, including specialist music practitioners, a photographer, marketing and tech for events.

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Diversification of income streams:

Year Youth Music Matched
Funding		 Other Income Turnover
2018-19 47% 11% 42% £337,915
2019-20 45% 14% 41% £341,587
2020-21 54% 11% 35% £296,574
2021-22 73% 22% 5% £217,738
2022-23 82% 17% 1% £165,138
2023-24 35% 21% 44% £213,056

Advocacy of AMP mission, communicating a strong brand profile & recognition: NYMAZ has rebranded as AMP in 2024, following a period of consultation with trustees and stakeholders, including young people. The new website has been designed with access and inclusion as a priority.

Our social media presence has developed an increase in interaction with younger audiences, particularly on Instagram. We have a combined number of 1,559 followers on Facebook for our AMP: Plugged In and AMP pages. We have continued to grow our AMP: Plugged In and AMP Instagram accounts with 954 combined followers. We have 2,320 X (formerly Twitter) followers.

Significant Activities

During 2023/24 under the AMP Programme Amplify for North Yorkshire, AMP delivery partners provided a programme of activity through a wide variety of developmental music projects. The programme included provision for children and young people aged 0-25 years old, and with a range of challenging circumstances, with particular priority areas of Early Years, SEND and Cold Spots. The projects are summarised below. 231 group sessions and 54 1 to 1 sessions were delivered in locations across North Yorkshire.

Get Musical Junior Band for 6-11 years: In partnership with BlueBoxt, Wensleydale. Project designed for complete beginners to explore different instruments. Women led delivery team.

Sound Collective : In partnership with Flash Company Arts, Whitby. Exploring composition and improvisation through instruments, technology, song-writing and spoken word.

AMP: Plugged In PODs: Short courses led by music industry professionals, programmed in response to consultation with young people.

Five a Day: Created by our partners Flash Company Arts, the next stage of this daily singing resource was developed for KS2.

All Together Now: Musical sessions for families with SEND children, led by Live Music Now musicians in libraries across North Yorkshire.

Musicians in Residence: Regular sessions and performances for young people who are experiencing a range of special educational needs between the ages of 3 and 16.

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Objectives and activities (continued)

Little Notes: Weekly early years sessions at Harrogate, Ripon, Bentham and Catterick libraries.

Early Years Tour and Resource: AMP partnered with Orchestras Live to deliver a touring live performance of A Day at the Pond/Mausam across three locations in North Yorkshire, designed for early years audiences and performed by the Orchestra of the Age of Enlightenment and SAA-uk. Our associated digital resource (which preceded the live performance) also proved popular, with digital watch parties taking place in libraries, schools and community settings.

Online Concert Stream: AMP partnered with Orchestras Live, Opera North, North Yorkshire Music Hub and Skipton Town Hall to produce a concert recorded and streamed from Skipton Town Hall. This was available from February to May 2024. 235 schools across the country registered to stream this resource, from Cumbria to Kent. However, 47% of schools that engaged with the resource did tune in from Yorkshire, which indicates a strong local brand.

AMP: Generators: Two young women conductors aged under 25 were engaged in a placement with Shepherd Group Brass Band, with mentorship from Katrina Marzella-Wheeler.

Arcade: AMP partnered with Arcade to deliver a beatboxing musical residency at a Scarborough PRU.

Come As You Are: A team of young producers, supported with training and mentoring, delivered an event at The Barn, Tadcaster. In addition to the production team, 20 young artists also performed.

Workforce Development

We delivered a varied professional development offer for music leaders and others working in the music and education sectors in North Yorkshire, including the coordination of four professional networks. To date, the networks have a combined membership of 1010. Three of these, the AMP SEND Music Network, Early Years Music Network and Music Partner Network, were delivered as part of the Fund C programme.

During 2023-24, we reached 93 individuals through our CPD programme.

Highlights include:

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Objectives and activities (continued)

Strategic Work

AMP continues to advocate for the benefits of participatory music for children in challenging circumstances, to champion musically inclusive practice and to influence policy, infrastructure and practice accordingly.

Our work in this area has included:

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Organisational and Board Development

The financial year 2023-24 was the first year of AMP’s strategic plan for 2023-26. The Business Plan for 2023-26, has the following Strategic Objectives:

Performance against targets in the Plan are reviewed by staff and trustees quarterly, with targets reviewed according to the charity’s changing working context. The Board reviews all organisational policies twice annually.

The organisation continues to benefit from the combined and individual expertise of the Trustees, who have provided leadership and guidance in legal and financial matters, organisational development, business development and the development of the AMP artistic programme.

Financial Review

Financial Summary

Total income of the Charitable Company during the year amounted to £213,056, of which £8,677 related to the unrestricted funds and £204,379 to restricted funds.

Total expenditure during the year, all relating to charitable activities, amounted to £238,836, of which £9,087 related to unrestricted funds and £229,749 to restricted funds.

Net expenditure (deficit) amounted to £25,780 and total funds (reserves) carried forward at the year end amounted to £86,075, of which £74,882 related to the unrestricted funds and £11,193 related to restricted funds.

Principal Funding Sources

The principal funding sources were a grant award from The National Foundation for Youth Music (£70,000), match funding from delivery partners (£49,706), Arts Council grants (£50,000), Other foundations (£40,000) and direct payments for the delivery of activities (£1,529).

The support of our partners, whose match funding comes from a range of sources including participant fees, ticket sales and private donations, continues to be essential to maintaining such a varied programme of activities as the majority of activities are not self-supporting and rely on a mixed economy of funding.

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Financial Review (continued)

Investment powers and policy

Under the Memorandum and Articles of Association, the Charitable Company has the power to make any investments that the Trustees see fit. However, the Charitable Company did not hold any investments during the year ended 31 March 2024 nor does it have any plans for the immediate future.

Reserves policy

Having regard inter alia to their legal duties of prudence and care the Trustees believe it is prudent for the Organisation to maintain minimum reserves equivalent to at least 3 months' core expenditure and ideally aim to accumulate unrestricted reserves equivalent of at least 6 months' expenditure.

The Trustees feel that it is prudent to maintain a sufficient amount in reserves to:

The Charitable Company’s activities are informed by the objectives laid out in its Strategic Plan, with particular emphasis given to its specialism of music, young people and rural isolation. As the Charitable Company's operations are sustained through a combination of multi-year and single year grants, with Youth Music multi-year funds currently secured to 2026, the Trustees also feel that it is prudent to maintain a sufficient amount in reserves to allow time to consider other options to raise money or to cover operational costs or costs associated with winding the Charitable Company down, should sufficient funding no longer be available after that date.

As such, the target level of unrestricted reserves has been set at £60,000 which should enable the organisation to cover 6 months’ core costs, and in the event of any funding shortages in the future allow time to consider other options whilst covering committed and operational costs.

Reserves are to be maintained through generation of surplus from trading activities and sustainability fundraising appeals and events and shall be defined as unrestricted cash and debtors less liabilities. The current reserves figure includes the funds transferred from the consortium in 2010, which have not yet been utilised in full, and continue to allow the Charity to expand its activity levels and cover its core costs, both current and future. The reserves also serve to underpin the charity’s cash flow by balancing seasonal demands on funds made by delivery partners against a limited turnover.

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Financial Review (continued)

As project delivery is supported by grant funding, by income received for services and by a commitment from partners to contribute match funding, the AMP artistic programme cannot by itself make a loss. The Charitable Company's key organisational call on reserves is therefore for operating costs. Every effort is made to restrict these operating costs to match anticipated income, but there remains a need to raise additional amounts each year to ensure all core costs are covered.

Whilst many supporters wish to make a direct contribution to activities, as project delivery increases so there is an increase in the core costs needed to support the artistic programme. It is therefore our policy to make fundraising appeals to support core operational costs and the future long-term sustainability of the Charitable Company and the work we deliver.

Plans for future periods

AMP’s priorities for 2024-25 are to:

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Reference and administrative details

The company was incorporated on 1 October 2009 and received charitable status on 15 February 2010. The Charitable Company commenced its activities effective from 1 April 2010.

A Registered Charity – number 1134287

A Company Limited by Guarantee – number 07035894

Registered Name: AMP Principal Office and Clements Hall Trading Address Nunthorpe Road York YO23 1BW

Company Secretary Sarah McWatt

Members of the Board, who are Directors for the purpose of company law and Trustees for the purpose of charity law, who served during the year and up to the date of this report are set out below:

Directors and Trustees Chloe Asquith Sarah Baumann (Chair) Sarah Beckett Helen Dawson Rebecca Denniff Eleanor Gill Jonathan Gregory (Treasurer) Ben Lee Helen Mahoney (Deceased 27 September 2024) James McPherson Callie O’Brien Sophie Rudge (Resigned 7 July 2023)

Bankers Unity Trust Bank plc Nine Brindleyplace Birmingham B1 2HB

Independent examiner Sarah Wearing, FCA, DChA HPH Chartered Accountants 54 Bootham York YO30 7XZ

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Structure, Governance and Management

Governing document

AMP is a company limited by guarantee governed by its Memorandum and Articles of Association dated 1 October 2009.

Appointment of Trustees

The Directors of the Charitable Company are also Charity Trustees for the purposes of charity law and under the Company’s Articles are known as members of the Board. The Board may at any time co-opt any person as a Director, either to fill a casual vacancy or by way of addition to their number, provided that the maximum of 14 members is not exceeded and the total number of co-opted persons does not exceed one-third of the total number of Directors. Any member co-opted shall remain in office until the next Annual General Meeting, but shall then be eligible for re-election. At the first Annual General Meeting and at each following Annual General Meeting one-third of the Directors shall retire from office.

The Directors to retire shall be those who have been longest in office since their last election or appointment. At the meeting at which a Director retires the Charitable Company may appoint a new Director in place of the retiring Director. If standing for re-election the retiring Director shall be deemed to have been re-elected, unless at the meeting it is expressly resolved not to replace the retiring Director or a resolution for the re-election of the retiring Director shall have been put to the meeting and lost. Directors shall be appointed for a 3-year term of service, after which they can retire and be reelected. Directors may serve a maximum of 3 consecutive 3-year terms, after which they must retire and shall not be eligible for re-election.

Trustee induction and training

Potential Trustees meet with the Chair of the Board and the Charitable Company’s Director and are invited to attend a Trustee’s meeting as an observer prior to consenting to being put forward for appointment. Due diligence is exercised in checking that there are no reasons as to why they should not be appointed as a Trustee. New Trustees are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the Board and decisionmaking processes, the business plan and recent financial performance of the Charitable Company. During their induction they meet key members of the Charitable Company and other Trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role and relevant external training opportunities are brought to the attention of the Trustees by the Director. We operate a regular appraisal process whereby Trustees can identify specific areas of interest, assess their contribution to the Board and identify skills and areas of knowledge they would like to develop further. Trustees are also encouraged to visit activities delivered by the Charitable Company to facilitate their understanding of the work of the Charitable Company.

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Structure, Governance and Management (continued)

Organisation

The Board, which can have no less than 3 but no more than 14 members, administers the Charitable Company. The Board meets quarterly. A Director is appointed by the Trustees to manage the day-today operations of the Charitable Company. To facilitate effective operations, the Director has delegated authority, within terms of delegation approved by the Trustees, for operational matters including finance, fundraising, employment and artistic programme related activity.

Related parties

None of our Trustees receive remuneration or other benefit from their work with the charity. Any connection between a Trustee or senior manager with a contracted artist or organisation must be disclosed to the full Board of Trustees in the same way as any other contractual relationship with a related party. Details of transactions with related parties are contained within the notes to the accounts.

Risk management

The Trustees have a risk management strategy which comprises:

This work has identified that financial sustainability is the major financial risk for the Charitable Company. This risk is managed by ensuring that the Charity has adequate unrestricted cash reserves to cover any short-term cash fluctuations and deficits in income whilst alternative funding sources are sought.

Trustees’ responsibilities in relation to the financial statements

Company law requires the Trustees to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the Trustees are required to:

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Trustees’ responsibilities in relation to the financial statements (continued)

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enables them to ensure that the financial statements comply with the Companies Act 2006 and applicable charity law. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Exemption

This report has been prepared in accordance with the special provisions of the Companies Act 2006 applicable to small companies.

By order of the Board

Sarah McWatt Company Secretary 27 September 2024

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEE’S OF AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

This report is made solely to the charitable company’s trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company’s trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the charitable company’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members as a body and the charitable company’s trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sarah Wearing, FCA, DChA HPH, Chartered Accountants 54 Bootham YORK YO30 7XZ 27 September 2024

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Note
Income and endowments from:
3
Other trading activities
4
Investment income
Total
Expenditure on:
Charitable activities
6
Total
Net (expenditure) / income
Transfers between funds
10 & 11
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Grants and match funding from
charitable activities		 Unrestricted
Funds
£
5,327
1,580
1,770		 Restricted
Funds
£
204,379
-
-		 Total
2024
£
209,706
1,580
1,770		 Total
2023
£
163,670
476
992
8,677 204,379 213,056 165,138
9,087 229,749 238,836 177,512
9,087 229,749 238,836 177,512
(410)
(8,000)		 (25,370)
8,000		 (25,780)
-		 (12,374)
-
(8,410)
83,292		 (17,370)
28,563		 (25,780)
111,855		 (12,374)
124,229
£ 74,882 £ 11,193 £ 86,075 £ 111,855

The notes on pages 22 to 30 form part of these financial statements.

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

BALANCE SHEET

AS AT 31 MARCH 2024

Company number: 07035894

Note
Current assets:
Debtors
8
Cash at bank and in hand
Total current assets
Liabilities:
Creditors: amounts falling due
within one year
9
Net current assets
Total net assets
The funds of the charity:
Unrestricted funds
11
Designated funds
11
Restricted funds
10
Total charity funds		 £
£
18,922
119,458
138,380
(52,305)
86,075
£ 86,075
68,666
6,216
11,193
£ 86,075
2024		 £
£
18,922
119,458
138,380
(52,305)
86,075
£ 86,075
68,666
6,216
11,193
£ 86,075
2024		 £
£
27,602
191,834
219,436
(107,581)
111,855
£ 111,855
77,076
6,216
28,563
£ 111,855
2023		 £
£
27,602
191,834
219,436
(107,581)
111,855
£ 111,855
77,076
6,216
28,563
£ 111,855
2023
138,380
(52,305)		 219,436
(107,581)
£ 86,075 £ 111,855
68,666
6,216
11,193		 77,076
6,216
28,563
£ 86,075 £ 111,855

In the directors' and trustees' opinion the Charitable Company was entitled under section 477 of the Companies Act 2006 ('the Act') to exemption from the audit of its financial statements for the year ended 31 March 2024. No notice from members requiring an audit has been deposited under section 476 of the Act in relation to its financial statements for the financial period. The directors and trustees are responsible for ensuring that the Charitable Company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the Charitable Company as at the end of each financial period and of its income and expenditure for each period in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with its requirements, so far as applicable to the Charitable Company.

The financial statements have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to small companies.

Approved by the Board on 27 September 2024

and signed on its behalf by:

Sarah Baumann Director and Trustee

The notes on pages 22 to 30 form part of these financial statements.

21

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

a) Legal Entity

AMP is regulated by the Charities Commission (1134287), limited by guarantee and is registered in England and Wales. The address of the registered office and principal place of business is Clements Hall, Nunthorpe Road, YORK, YO23 1BW.

In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

b) Basis of Preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic or Ireland (FRS 102) (effective 1 January 2019) - (Charites SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

AMP meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

c) Preparation of the accounts on a going concern basis

The directors have considered the cash requirements beyond 12 months from the date of approval of the accounts and have a reasonable expectation that the Charitable Company has adequate resources to continue in operational existence for the foreseeable future. They continue to beleive that the going concern basis of accounting is appropriate in preparing the annual financial statements.

d) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Grant income from government and public bodies, whether ‘capital’ grants or ‘revenue’ grants, and matched funding, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income from donations and fundraising is included in the period in which it is received.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

e) Fund Accounting

Unrestricted funds are funds which can be used in accordance with the charitable objects at the discretion of the directors/trustees.

Restricted funds are funds which are subject to specific trusts, either declared by the donor when making the donation or grant conditions, or accepted by the donor in responding to a specific appeal.

22

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES (continued)

f) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Expenditure on charitable activities relates to activities undertaken to further the purposes of the charity and includes their associated support costs.

Support costs include central functions and governance costs, and have been allocated to activities on a basis consistent with the use of those resources, e.g. allocation of staff costs by time spent and other costs by their usage. Governance costs include those incurred in the governance of the charitable company and its assets and primarily associated with constitutional and statutory requirements.

g) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

h) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

i) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

j) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2. LIABILITY OF MEMBERS

AMP is a company limited by guarantee. The liability of each member is limited to a sum not exceeding £1.

23

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 MARCH 2024

3. GRANTS AND MATCH FUNDING FROM CHARITABLE ACTIVITIES

Matched Funding (from partners)
Arts Council England
Other foundations
The National Foundation for Youth Music		 Unrestricted
Funds
£
-
5,327
-
-		 Restricted
Funds
£
70,000
44,379
50,000
40,000		 Total
Total
2024
2023
£
£
70,000
136,000
49,706
27,670
50,000
-
40,000
-
£ 209,706
£ 163,670
£ 5,327 £ 204,379

In 2023, income from charitable activities amounting to £163,670 related to restricted funds.

4. INCOME FROM OTHER TRADING ACTIVITIES

Earned Income: Music workshops, training
and consultancy
Other income		 Unrestricted
Funds
£
1,529
51		 Restricted
Funds
£
-
-		 Total
Total
2024
2023
£
£
1,529
476
51
-
£ 1,580
£ 476
£ 1,580 £ -

In 2023, income from other trading activities amounting to £52 related to restricted funds.

5. STAFF COSTS AND TRUSTEES' REMUNERATION

Wages and salaries
Social security costs
Employer pension
The average monthly number of employees for the year was as follows:
Management and administration		 Total
2024
£
78,867
7,808
2,245		 Total
2023
£
70,786
1,752
1,529
£ 88,920 £ 74,067
3 3

During the year no employees were paid emoluments amounting to £60,000 or more (2023 - none).

No remuneration was paid to any of the Trustees. No Trustees were reimbursed for expenses in the year (2023 - £nil).

The key management personnel of the charity comprise the trustees and the Company Secretary. The total employee benefits (including employer's pension and National Insurance contributions) of the key management personnel were £48,174 (2023 - £44,169).

24

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 MARCH 2024

6. TOTAL EXPENDITURE
Unrestricted
basis of
Funds
allocation
£
Costs directly allocated to charitable activities
Youth Music Programme delivery costs
direct
-
Paul Hamlyn Foundation delivery costs
direct
-
Other project delivery costs
direct
-
Staff salaries
direct
-
Support costs allocated to charitable activities
Staff training, development and recruitment
usage
-
Office expenses and telephone
usage
-
Premises costs
usage
-
Meetings costs
usage
-
Insurance costs
usage
-
Staff travel and accommodation
usage
-
ICT costs
usage
503
Organisational development
usage
-
Post and delivery
usage
-
Fees and subscriptions
usage
-
Freelance fees
usage
8,187
Bookkeeping fees
usage
-
Independent examiner's fees
usage
-
Bank charges
usage
119
Miscellaneous expenses
usage
278
Bad debt
usage
-
Total expenditure
£ 9,087		 6. TOTAL EXPENDITURE
Unrestricted
basis of
Funds
allocation
£
Costs directly allocated to charitable activities
Youth Music Programme delivery costs
direct
-
Paul Hamlyn Foundation delivery costs
direct
-
Other project delivery costs
direct
-
Staff salaries
direct
-
Support costs allocated to charitable activities
Staff training, development and recruitment
usage
-
Office expenses and telephone
usage
-
Premises costs
usage
-
Meetings costs
usage
-
Insurance costs
usage
-
Staff travel and accommodation
usage
-
ICT costs
usage
503
Organisational development
usage
-
Post and delivery
usage
-
Fees and subscriptions
usage
-
Freelance fees
usage
8,187
Bookkeeping fees
usage
-
Independent examiner's fees
usage
-
Bank charges
usage
119
Miscellaneous expenses
usage
278
Bad debt
usage
-
Total expenditure
£ 9,087		 Restricted
Funds
£
97,653
-
10,832
88,920
958
398
1,992
918
1,847
1,455
14,619
431
361
1,019
-
5,760
2,586
-
-
-		 Total
2024
£
97,653
-
10,832
88,920
958
398
1,992
918
1,847
1,455
15,122
431
361
1,019
8,187
5,760
2,586
119
278
-		 Total
2023
£
68,077
1,473
-
74,067
9,772
670
1,950
262
633
1,631
1,000
814
49
3,114
3,072
7,841
2,382
128
498
79
£ 9,087 £ 229,749 £ 238,836 £ 177,512

In 2023, expenditure amounting to £168,763 related to restricted funds.

7. GOVERNANCE COSTS

Governance costs included in total expenditure above are made up as follows:

Independent examiner's fees Total
2024
£
2,586		 Total
2023
£
2,382
£ 2,586 £ 2,382

25

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 MARCH 2024

8. DEBTORS

DEBTORS
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Trade debtors - 10,454 10,454 1,002
Other Debtors - 1,468 1,468 -
Accrued income - 7,000 7,000 26,600
£ - £ 18,922 £ 18,922 £ 27,602

In 2023 all debtors related to restricted funds.

9. CREDITORS: amounts falling due within one year

Trade creditors
Deferred income
Tax and social security
Accruals		 Unrestricted
Funds
£
-
-
-
-		 Restricted
Funds
£
3,384
43,000
-
5,921
£ 52,305		 Total
2024
£
3,384
43,000
-
5,921
£ 52,305		 Total
2023
£
3,157
99,000
307
5,117
£ - £ 107,581

In 2023 all creditors related to restricted funds.

Deferred income relates to pre year end receipt of funding relating to 2024/25.

26

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 MARCH 2024

10. RESTRICTED FUNDS

RESTRICTED FUNDS
Balance b/f Incoming Resources Transfers Balance c/f
Current year 01/04/2023 Resources _Expended _ _between funds _ 31/03/2024
£ £ £ £ £
The National Foundation for Youth
Music & associated match funding 28,511 114,379 (146,617) 8,052 4,325
Arts Council England - 50,000 (43,132) - 6,868
Other foundations - 40,000 (40,000) - -
Bloom Sessions 52 - - (52) -
£ 28,563 £ 204,379 £ (229,749) £ 8,000 £ 11,193

All totals carried forward have been approved by relevant funders. The c/f amounts relate to activities that have been allocated to 2024/25 due to grant financial years not matching the AMP financial year, with exception of The National Foundation for Youth Music and associated match funding. This carry forward relates to a limited number of activities and associated costs being rescheduled to the 2024/25 financial year. The transfer from unrestricted to restricted funds was approved by the Board, to fund restricted expenditure.

Balance b/f Incoming Resources Transfers Transfers Balance c/f
Comparative year 01/04/2022 Resources _Expended _ _between funds _ 31/03/2023
£ £ £ £ £
The National Foundation for Youth
Music & associated match funding 33,604 163,670 (168,763) - 28,511
Bloom sessions - 52 - - 52
£ 33,604 £ 163,722 £ (168,763) £ -
 £ 28,563

27

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 MARCH 2024

10. RESTRICTED FUNDS (continued)

The National Foundation for Youth Music and associated Matched Funding

This represents annual monies received from the National Foundation for Youth Music as funding for service delivery. The terms of the funding agreement stipulate that this funding is restricted and cannot be used to build up the Charitable Company's reserves. This also represents matching of funds from delivery partners.

Bloom Sessions

Income received as donations from audience members and poster pruchases at events, for a project delivered by AMP: Plugged in Producers, hosting a gig for a series of artists, specifically profiling women and artists of marginalised genders.

11. UNRESTRICTED FUNDS

General funds
Balance at 1 April
Incoming resources
Resources expended
Transfers between funds (see note 10)
Balance at 31 March
Designated funds
Balance at 1 April
Incoming resources
Resources expended
Transfers
Balance at 31 March		 Total
2024
£
77,076
8,677
(9,087)
(8,000)		 Total
2023
£
82,936
1,416
(7,276)
-
£ 68,666 £ 77,076
Total
2024
£
6,216
-
-
-		 Total
2023
£
7,689
-
(1,473)
-
£ 6,216 £ 6,216

Digital Projects Seed funding

The designated funds represent seed funding allocated as match for future digital project activity applications, supporting work planned to take place 2023-26. During the year £nil (2023: £Nil) was transferred from this fund to cover final expenditure on the Connect Resound project.

28

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 MARCH 2024

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted funds
Designated funds
Restricted funds
2023 Comparatives
Unrestricted funds
Designated funds
Restricted funds		 Current
assets
£
68,666
6,216
63,498		 Current
liabilities
£
-
-
(52,305)		 Total
2024
£
68,666
6,216
11,193
£ 138,380 £ (52,305) £ 86,075
Current
assets
£
77,076
6,216
136,144		 Current
liabilities
£
-
-
(107,581)		 Total
2023
£
77,076
6,216
28,563
£ 219,436 £ ( 107,581) £ 111,855

13. RELATED PARTIES

Flash Company Arts Limited CIC and Rebecca Denniff Music

During the year expenditure was incurred to Flash Company Arts Limited CIC amounting to £11,500 (2023: £10,350) and to Rebecca Denniff Music amounting to £250 (2023: £374) for programme delivery. At the year end £Nil (2023: £2,000) was due to Flash Company Arts Limited CIC and £Nil (2023: £Nil) was due to Rebecca Denniff Music. Rebecca Lucy Gross is a Director and Trustee of AMP, she is a director of Flash Company Arts Limited CIC and the sole proprietor of Rebecca Denniff Music.

There were no other related party transactions.

14. TAX STATUS

As a registered charity, AMP is exempt from the payment of income and corporation tax on its income falling within sections 466 to 493 of the Corporation Tax Act 2010.

29

AMP Music Yorkshire (formerly North Yorkshire Youth Music Action Zone)

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 MARCH 2024

15. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES

Income and endowments from:
Other trading activities
Investment income
Total
Expenditure on:
Charitable activities
Total
Net (expenditure) / income
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Grants and match funding from charitable
activities		 Unrestricted
Funds
£
-
424
992		 Restricted
Funds
£
163,670
52
-		 Total
2023
£
163,670
476
992
1,416 163,722 165,138
8,749 168,763 177,512
8,749 168,763 177,512
(7,333)
-		 (5,041)
-		 (12,374)
-
(7,333)
90,625		 (5,041)
33,604		 (12,374)
124,229
£ 83,292 £ 28,563 £ 111,855

30