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← British Association For Music Therapy

2024-12-31-accounts

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31st December 2024 for

BRITISH ASSOCIATION FOR MUSIC THERAPY

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The British Association for Music Therapy 86-90 Paul Street, London, EC2A 4NE Registered Charity no 1137807 Registered Company no 7301585

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Office: ies : TC SWP 3rd Floor, Suffolk House George Street Croydon CRO OYN

Table of contents About BAMT (I) BAMT'S Aims and Objectives (i) Our cultural Positioning (2) Structure, Governance and Management (3) Our Trustees Reference and Administrative Details (7) Our Operational Team (8) Memberships (9) (4) Reports Chair's Report (10-11) Social Impact Committee Report (12) Governance Committee Report (13) Remunerations Committee Report (14) Communications and Marketing Committee (15) Training and Education Committee Report (16) Clinical Affairs Sub-committee Report (17) Financial Report (18-19) Independent Examiner's Report (20-21) Statement of Financial Activities (22) Balance Sheet (23-24) Notes to the Financial Statements (25-37) Detailed Statement of Financial Activities (38-39)

About BAMT At the British Association for Music Therapy (BAMT), we are passionately committed to empowering Music Therapists through unparalleled support, resources, and advocacy. Our mission extends beyond the provision of services; it's about fostering a thriving community where Music Therapists can grow, innovate, and excel. This commitment begins the moment a Music Therapist becomes a part of our association, ensuring that they are not just joining an organisation, but becoming part of a movement dedicated to elevating the practice of Music Therapy. From professional development to cutting-edge research, up-to-date guidelines to networking opportunities, BAMT stands as a beacon of excellence and support, ensuring that our members are equipped, inspired, and recognised as pioneers in the transformative power of Music Therapy. BAMT'S Aims and Objectives The British Association for Music Therapy (BAMT) is the professional body for Music Therapy in the UK, providing both practitioners and non-practitioners with information, professional support, and training opportunities. It is also a charity committed to promoting and raising awareness of Music Therapy and providing information to the general public. Our aims are: To promote the art and science of Music Therapy; To promote the use and development of Music Therapy for children and adults with a wide range of needs; To promote the understanding of Music Therapy for the general public; To advance education in Music Therapy. Our mission continues to be: To promote the profession and practice of Music Therapy in the UK; Act as a voice for those who could benefit from Music Therapy and for those who provide Music Therapy.

Our Cultural Positioning At BAMT we recognise that a vibrant, inclusive, and dynamic culture is essential to our success. It shapes the way we interact, innovate, and approach challenges. Our culture is built on a foundation of mutual respect, continuous learning, and a commitment to excellence. We celebrate diversity, encourage open communication, and foster a sense of belonging among all members. By valuing each individual's unique contributions, we create an environment where creativity flourishes, collaboration is natural, and collective goals are achieved with enthusiasm and integrity. This cultural ethos not only drives our internal dynamics but also reflects in the quality of service we provide to our members, shaping their experience and satisfaction.

Structure, Governance and Management BAMT Governance Structure 8o•rd of TruMe•s g&E Urn•Ta C¢mmitt•• Comrnin Crynmitt Finw c￿￿rnrtt•* arkei¥n9 c￿￿rn Sub-Cornmill8• Director of Operations Administrati Officer 're¢tor ol Professional Affairs DIFeCtor of Ethcati & Researth Communic•tions & ma￿eting Officer Ayea Groups: 9eogr•phic•l mwnb•rship groups BAMT Networks.. 8p•cialist irtt•r•$t IN•d exp•ri•nc• 9roups Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Reference and administrative details Registered Company number 07301585 (England and Wales) Registered Charity number 1137807 Registered office 86 - 90 Paul Street London EC2A 4NE

Our Trustees The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of 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 (FRS102) (effective l January 2019). Recrultment and appointment of nowtrusteos In accordance with the Articles of Association, any person who is so willing may act as a Trustee and may be elected by ordinary resolution of the members. As a professional organisation we commit to having Music Therapists as a minimum of 50 /0 of the board and that the Chair of the board will always be a Music Therapist. At the third AGM after their appointment or election, a Trustee shall retire and be eligible to be re-elected for a further two three-year terms. No elected Trustee may senie for a period of more than nine years without a period of at least one year out of office. Inductlon and tralnlng of new trustees New Trustees undergo orientation sessions which include observation at a Board meeting prior to becoming a Trustee and meeting members of the operational team in order to familiarise themselves with the way the organisation carries out its day to day duties and implements decisions. Business planning, the Articles of Association and financial performance are also covered. Trustees are encouraged to attend external training events which assist them in undertaking their role. Rlsk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Via regular meetings and other forms of communication, the Trustees have examined all areas of operation and have identified the key risks to which the organisation is exposed. In the opinion of the Trustees, the Association has established processes and systems which, under normal circumstances, should allow the risks identified by them to be mitigated to an acceptable level in its day-to-day operations. Publlc beneflt The Trustees have complied with their duty in Section 17 of the Charities Act 2011 to have due regard to the guidance published by the Charity Commission. The benefit to the public is demonstrated by the activities and achievements contained in this report.

Reserves policy The charity aims to hold reserves equivalent to one year's expenditure. In calculating this figure, the direct costs of the biannual conference are excluded as it is always planned that the conference is self-financing. This level of reserves allows for unexpected demands on resources as well as providing funds for future expansion by investing in new services and enhancing support to members. At the balance sheet date free resenies stood at £313,085 compared to unrestricted expenditure of £222,616 for the year. Board Meetings and Committees in 2024 The Board of Trustees met six times during the year. There were two new appointments, resignations and re-appointments during the year 2024. Expanding the Board has brought new experience and perspectives, from both within Music Therapy and beyond. The Board Commlttees and Sub-commlttees are: Finance Governance Training and Education Social Impact Remunerations Clinical Aff airs Sub-committee Communications and Marketing

BAMT Trustees 2024 E Tingle - BAMT Chair Music Therapist (MT) J E Kirkwood - MT A J Sullivan - Vice Chair L Jeffery N J Uddin P Maton - Treasurer L Al-Bandar- MT H J Davies C J Warner- MT P Rogers - MT

Reference and Administrative Details Company Secretary U Aravinth Independent Examiner TC Group Office: Croydon - TC SWP 3rd Floor, Suffolk House George Street Croydon CRO OYN Bankers Unity Trust Bank PIC Birmingham BI 2HB Approved by order of the board of trustees on ......1.7..Qfj.,2.Q.25........... and signed on its behalf by: E Tingle - Chair of Trustees

Our Operational Team Andrew Langford Chief Executive Karen Diamond Director of Professional Aff airs Clare Maddocks Director of Education and Research Zoe Summers Communications and Marketing Officer Usha Aravinth Director of Operations Lisa Partridge Administrative Officer

Music Therapists registered with HCPC 2021-2025 The overall membership numbers have remained largely unchanged from last year, with only a very small variation. The membership numbers below show the changing pattern of memberships during the past five years. Jan 20 Jan 2022 Jan 2023 Jan 2024 Jan 2025 1,174 1278 1216 IA23 1,409 To make it easier to compare, the membership types have been grouped into 3 main categories. They are members (full practitioner & newly qualified practitioner), non- practising (retired, overseas, career break and transitional members), trainees (all trainee members) and associates (full and concessionary associate members). Membership 2021-2025 Jan 20 Jan 2022 Jan 2023 Jan Jan 2025 Members (Full. ¢>Klified) 856 905 896 976 993 Transitional, 128 124 116 127 Trainees mbers All Trainee 112 121 134 (Full and 82 78 66 68 1215 1.303 IAoo

Chair's Report 2024 The year has seen BAMT continuing to focus on advocating for the profession at both regional and national level; providing increased CPD opportunities for our membership," developing further network groups; running a unique conference for Music Therapists; and actively seeking to further engage with and support our membership. A key moment of the year was the BAMT Conference, which took place May 17th-19th at the Curve Theatre, Leicester. The conference 'About All of Us, For All of Us, By All of Us, brought together Music Therapists from across the UK and focussed on celebrating diversity and promoting inclusion. Service Users were involved in some presentations, and voices were heard from within and outside the profession, enabling further discussion on how the profession can better reflect the communities within which therapists worl and how we can include in both individual and systems level research and clinical practice, an embedded understanding of the complexity of all that it means to be human. Whilst the conference was a great success, the Board commissioned an external consultant to undertake a 'lessons learnt, exercise in subsequent months. As a result, we are looking to a future in which BAMT conferences will move towards ensuring greater inclusivity is built into every planning decision, this will include the balance of in person and online events as a central consideration. The conference also saw the Board sharing with BAMT membership the Strategic Development Plan 2024-2029 (SDP). This plan sets out not only our core vision but also the steps which BAMT will take across this time in order to further the aims of the charity in order to better serve BAMT members, Service Users and the profession. The Board continues to hold itself accountable to the SDP as we continually work to take BAMT forwards. BAMT'S CPD offering to its members continues to grow. The Newly Qualified Music Therapist CPD training package is popular and the Board has committed to continuing this through supportive funding. BAMT has further developed other CPD offerings which are now available to BAMT members at a discounted rate, with other professionals being able to attend at a full charge. As a Board, we were sorry to lose Sofia Khan but have been delighted to welcome Liz Jeffrey, an HR expert, and Philip Maton, a financier, who has taken up the role of Treasurer. 10

Operationally, the team has welcomed Zoe Summers to the role of Communications and Marketing Off icer. BAMT continues to be fortunate to have such a strong and dedicated Operational Team, led so excellently by our Chief Executive, Andrew Langford. Andrew's continued determined advocacy for Music Therapy in sometimes difficult high-level national conversations, is work which is often unseen and we are immensely grateful to him for this and all he does. Together with Andrew, Zoe Summers, Karen Diamond, Clare Maddocks, Usha Aravinth and Lisa Partridge continue to work towards the smooth running of BAMT Operations and, crucially to support our members. 2024 has seen Andrew, Karen and Clare engaged in a project created by NHS England which considers the way forward for Music Therapists, career pathways, better support for the training of Music Therapists, and the promotion of Music Therapy to the public and other health and social care professionals. As the Chair l am grateful to each member of the board for their successful leadership of BAMT, to all of the Operational Team for their work, and service to BAMT, and to our membership who we continue to seek to serve as we promote and advocate for the Music Therapy profession. EleanorTingle. Chair BAMT

Social Impact Committee Report 2024 We have worked on facilitating a feeling of belonging and inclusivity within the profession: Feedback from the conference showed that delegates were impressed with the diversity of the presentations. Improvements relating to accessibility have been noted in order that action can be taken for future events. A membership survey on inclusivity in the profession has been completed, these results are being used to form a baseline from which we can monitor our progress. We have begun improving our organisational structure: The committee has contributed to the risk register so that social impact risks are now being addressed for the first time. A demographic survey of our staff was completed so that we can make further steps towards diversifying the team. The recruitment process will be reviewed next year in order to enable us to move forward with this. BAMT has invested time into linking with networks such as the NHS and higher education institutions. The Committee has supported the Operational Team as it has contributed to guidance and policies aimed at diversifying the profession, and minimising health inequalities and barriers to access for Service Users. The Committee has ensured that BAMT has started to collaborate with organisations to increase awareness and lobby for systemic change in regard to climate change and sustainability: We shared information on sustainable practice on social media and contributed to Greener AHP week. The spotlight session on sustainability at the conference was a success and we are arranging further CPD on sustainability to take place this year. We joined the Climate Minds Coalition. Laura Al-Bandar, Chair Social Impact Committee 12

Governance Committee Report 2024 The Governance Committee has been active across 2024 and have met three times across 2024. Work has continued on developing a framework for writing BAMT policies that includes an Equality and Quality Impact Assessment (EQIA) for all policies. It is anticipated that this document will be ready in 2025. Karen Diamond has led the development of Terms of Reference for the Area Groups and Professional Networks Groups. The Board of Trustees have asked that an annual report be received from the Area Groups and Professional Networks, thus Karen has developed a template that will be used to capture annual activities from these groups and networks feeding into the annual report. The Committee has worked with Usha Aravinth to develop an Operational Dashboard that will provide the Board of Trustees with an overview of key performance and governance metrics in BAMT. The Operational Dashboard was introduced in the summer of 2024 and includes information such as employee compliance with statutory and mandatory training, compliance with employee annual appraisals, membership numbers, policies and guidelines due for review or overdue. The dashboard is updated by the Operational Team and presented to the Board of Trustees at every meeting. The Governance Committee has continued to develop the BAMT Risk Register into a dynamic document. Having completed this piece of work the Board of Trustees will be taking a line-by-line review of all risks on the risk register in early 2025 with a view to ensuring the risk register is reflective of the true risks affecting BAMT; that all open risks have mitigations in place, with actions, owners and timelines for completion. Anthony Sullivan stood down as Chair of the Governance Committee after nearly three years in the position. Penny Rogers will assume the role of chair in 2025. Anthony Sullivan. Chair Governance Committee. Vice-chair BAMT Board 13

Remuneration Committee Report 2024 The Remunerations Committee was formed in 2023 to ensure that a structured and transparent approach is followed annually to determine the salary uplift that should be applied to employees, salaries to ensure that their remuneration aligns with increases in the cost of living. The committee considers a number of factors and makes a recommendation to the Board of Trustees on the cost of living salary increase applied to salaries from the Ist of January each year. It was noted when the first draft of the 2025 BAMT budget was being made that there was no process in place for the review of discretionary employer pension contributions. All employers have a legal requirement to award their employees a minimum pension contribution this is currently set at 3°A in the United Kingdom. Employers have the freedom to make additional employer pension contributions above this should they wish. BAMT does award its employees with a discretionary employee contribution, thus it was agreed the remit of the remunerations committee would be expanded to include the annual review of discretionary employer pension contributions. In view of this the committee expanded the Employee Annual Cost of Living Review Policy, to include review of discretionary employer pension contributions. The BAMT Employee Annual Cost of Living and Employer Pension Contributions Review Policy was finalised by the Remunerations Committee at the end of 2024 and is awaiting sign off by the Governance Committee and Board of Trustees. The Committee recommended a 2/0 increase in employee salaries for 2025 this was accepted by the Board of Trustees. BAMT currently awards employees with a discretionary 4 percent employer pension contribution thus their total employer pension contribution is 7/.. The committee recommended that no increase to discretionary employer pension contributions was made in 2025, and this too was accepted by the Board of Trustees. Anthony Sullivan, Chair Remunerations Committee, Vice-chair BAMT Board 14

Communications and Marketing Committee Report 2024 Three meetings of the committee were held during the course of the year, February, July and November. Zoe Summers joined the Operations Team at the beginning of 2024 as Communications and Marketing Officer, which has significantly contributed to BAMT'S work in this area with increased focus on priority comms activities throughout the year such as World Music Therapy Week, Greener AHPS Week, National Adoption Week, World Mental Health Day, European Music Therapy Day, as well as Comms support for the BAMT Conference held in May. The committee has provided strategic oversight for direction of communications and media activities, as well as membership engagement activities developed in the latter part of the year. The committee supported the Operations team in carrying out a review of the British Journal of Music Therapy via member survey, including discussion on potential change of publisher and the decision to support better sustainability to only publish the journal online. Support for investment in website and rebranding - recommended to be put forward as two separate suggested areas for investment, rather than having to be taken forward together, in alignment with Finance Committee's recommendations on managing reserves. Agreement of parameters for full membership survey to be held in early 2025. The committee has regularly reviewed relevant items on the risk register so that these are addressed in a timely manner and on an ongoing basis. Jenny Kirkwood. Chair Communications and Marketing Committee 15

Training and Education Committee Report 2024 The TEC continues to meet every three months for business meetings and several times more informally to discuss training issues and share good practice. A Training Day for course teams was held at University of West of England (UWE) in September 2024. The draft Curriculum Guidance Document was completed following a two-round consultation undertaken with BAMT members, then BAMT trustees. The document is finalised with the exception of the following areas which are still in draft: recommendations for personal therapy hours as there is ongoing consultation on this aspect. recommendations for minimum placement hours - this is unlikely to be resolved quickly. The working party for the curriculum document has worked with the Social Impact Committee (sic) chair to ensure sustainability and EDIB principles are embedded, ensuring the document is congruent with the Strategic Development Plan. The Education and Research Off icer has attended all business meetings and has represented training and education issues in working party B of the NHSE consultation for Art, Drama and Music Therapists The draft sections of the Curriculum Guidance document relate to ongoing discussions in this working group, and contribute to the potential development of a placement tariff for NHSE placements for Art, Music and Drama Therapists in the future. Present and potential course leaders in Wales, Scotland and Northern Ireland have also assisted the consultation. The TEC Chair, Dr Cathy Warner, has also been involved in some of the development work relating to Supervision development of competencies this year in a training consultative role. From the recent review of the TEC Terms of Reference, the Governance Committee made a recommendation to change the name of TEC to more accurately reflect its purpose. The preferred name is awaiting sign-off from the Governance Committee. Dr Cathy Warner, Chair - Training and Education Committee 16

Clinical Affairs Committee Report 2024 The Clinical Affairs Committee develops specific guidelines, information, resources etc that supports best practice in Music Therapy. The committee is led by Penny Rogers, a trustee who is a Music Therapist, with support from the Director of Professional Affairs and each topic that is being developed will have a specific special interest working group to ensure best possible expertise in each topic. During the year Penny and Karen have supported a working party from the BAMT Supervision Network to develop new BAMT guidelines for supervision that will be published in 2025. The working party has been very successfully led by Wendy Ruck who has done an outstanding job and to whom we are immensely grateful. The work of this group will ensure that guidelines are created which will have a positive effect on the profession, further supporting both Music Therapists and Service Users in the future. Penny Rogers. Chair - Clinical Affairs Committee. 17

Financial Report 2024 The Finance Committee, chaired by the Treasurer and supported by three other members, is responsible for overseeing the sound financial management of BAMT. Its role includes ensuring sustainability, identifying and managing financial risks, and maintaining good governance. The directors believe that the finances of BAMT have been managed consistent with the budget set in advance of the year, with variations subject to appropriate scrutiny. This review covers the financial year from l January 2024 to 31 December 2024. BAMT incurred a surplus of £20,349 during the period ending 31 December 2024. Total expenditure for the period was £402,489. Restricted and Designated Funds Restricted funds represent amounts received which were earmarked for specific purposes outlined by donors at the time of donation. At the end of the financial year, BAMT had restricted funds totalling £45,236. Designated funds represent amounts received which were set aside by the trustees for specific purposes. These include accumulated conference surpluses (allocated for CPD activities) and funds for projects supporting the provision of music therapy in underserved communities. At the end of the financial year, BAMT had designated funds totalling £35,338. In 2024, all restricted funds from various bank accounts were consolidated into one account for streamlined administration. The different funds will be clearly delineated in the annual accounts and expenditure from restricted funds subject to enhanced oversight from the Treasurer. In summary the key features ol the period were as follows: During the period, the Finance Committee met regularly to oversee BAMT'S financial management. The Committee seeks to establish a sound framework for finance within the charity. The new treasurer was supported by the continuing members of the Committee, and the staff team who run the day-to-day finances of the charity. Policies and processes were reviewed during the period, and the risk register maintained and updated to reflect evolution in the operating environment of the charity. The Committee seeks to ensure transparency in the financial dealings of the charity, to which end this document forms a key part. The Committee is also responsible for meeting legal requirements and following good practice recommendations, as outlined in the commission's guidance on internal financial controls for charities. 18

To ensure financial stability, BAMT operates within annual budgets and financial plans presented at each Finance Committee meeting. An increase in the subscription rate was implemented in 2024, reflecting areas of rising expenditure. To ensure that such increases are not excessive, financial discipline is maintained in respect of expenditures. BAMT'S normal financial operations are concentrated, with income predominantly from member subscriptions, and expenditure mostly arising from staff costs. The concentration itself represents a risk, but both have been historically stable and predictable. The increase in staff salaries was, in part, attributable to certain projects for which the charity received earmarked funding and whose delivery was achieved through additional staff hours. During the year, enhanced oversight of changes in membership were introduced, to ensure appropriate reactions to any deviations from expectations. Engagement with members remains key, to demonstrate the value delivered by the expenditure and to ensure that any concerns can be appropriately addressed. Unlike prior years, expenditure on the conference exceeded its income. This loss was budgeted at the start of the year, and was acceptable in the context of the broader budget. 2025 will not have a conference, and future conferences will likely aim to at least break even. Finance operations continue to be performed within parameters agreed by the Committee, with appropriate governance applied to contracts and payments. Bank accounts are subject to appropriate authorisation and checks. Excess cash not immediately required is held in an interest-bearing account, consistent with a minimal appetite for investment risk. BAMT requires a prudent level of reserves to ensure continuity in the event of unforeseen variations in income or expenditure. In 2024, this was set at one year of expenditure but this may change in 2025. Reserves at year-end exceeded the target set by our reserves policy, in part due to a large legacy, and form part of the regular Key Performance Indicators (KPIS) continuously reviewed by the Finance Committee. The reserves will be strategically managed to align with the reserves policy over the medium term, and to support the Strategic Development Plan adopted during the year. BAMT'S financial position at the end of 2024 is strong and well-managed. Through continued oversight, disciplined budgeting, and strategic reserves planning, the charity is well placed to continue delivering its core aims. Philip Maton. Chair Finance Committee 19

Independent Examiner's Report 2024 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2024. 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 charitys 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 Since your charitys gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 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: l.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). 20

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. 4cUNk& Patrick du Casse TC Group Office: Croydon - TC SWP 3rd Floor, Suffolk House George Street Croydon CRO OYN 17.06.2025 Date:............................................. 21

Statement of Financial Activities for the year ended 31st Dec 2024 31.122023 Total funds Notes Unrestrkted lunds Restrkted lund5 31.1224 Total fvnds INCOME AND ENDOWMENTS FROM Donadon• and l•gad 94.&34 94,834 995 Charltabl•aetl¥llS Prornotlon ol Mu•lc Th•rapy 316.061 316,081 190,000 Inv••trn•ntlncom• Il943 11,943 9,e38 Total 421838 421838 200.631 EXPENOITUREON CharItabl•actl￿1l•• Promotlon ol Mu•lcTh•rapy 401185 300 401485 256,515 Olh•r 435 Total 401189 300 402,489 256,950 NETINCOMEI(EXPENDITURE) 20,649 (300) 20,349 158?19} RECONCILIATION OF FUNDS Totallund* brought lorword 327.774 4S536 373.310 429.629 TOTAL FUNDS CARRIED FORWARD 348A23 45236 393.059 373.310 The notes form part of these financial statements 22

Balance sheet 31st Dec 2024 31.12 24 Total funds 31.1223 Total funds Notes Unrestricted lun¢ts Restricted fLmds FIXEO AS5Ers Tangible as88ts 639 639 CURRENT ASSETS Debtor5 Co$h at b2nk 12 1.980 351524 l980 398,760 51149 377,932 45.236 305.504 45. 238 400,740 430,081 CREDITORS Amount$ lolllng rJu¥ wrthin on¥ ij 17.720) 17.7201 156,7711 NIT¢URP¢NT ASSITS 347.784 45,236 393,020 373,310 TOTALAs$eT$LeS$ CURRENT UAUlUnE$ 348,423 45.236 393,659 373,310 NET ASS 348.423 45.238 393,809 373,310 VUNDS 348A23 327,774 unr$trkte<l lund$ 45,236 45.536 R$trkted lund$ TOTALILWDS 393,65• 3n.￿O The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b)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 year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwse comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements 23

Balance sheet continued 31st Dec 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on .....1.7.,Q&,2Q25................. and were signed on its behalf by: E Tingle- Chair of Trustees The notes form part of these financial statements 24

Notes to the Financial Statements for the year ended 31st Dec 2024 . ACCOUNTING POLICIES Basls ol preparlng the flnanclal statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. British Association for Music Therapy meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transactional value unless otherwise stated in the relevant accounting policy. The financial statements have been prepared in sterling, the functional currency of the charity, and monetary amounts in these financial statements have been rounded to the nearest £. Golng Concern The trustees consider that there are no material uncertainties around the charity's ability to continue as a going concern. The trustees have considered the level of funds held and expected level of income and expenditure for 12 months from authorising these financial statements and have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees therefore consider it appropriate to prepare the accounts on the going concern basis given the charitable operations, current projections and historic performance. Legal status ol the Charlty The charity is a company limited by guarantee (incorporated in England and Wales) and has no share capital. Its registered off ice and head office addresses are listed on page 7 of these financial statements. Flnanclal reportlng standard 102- reduced dlsclosure oxemptlons The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Statement of Cash Flows; the requirement of paragraph 3.17(d); the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)("""), 11.48(a)(' ), 11.48(b) and 11.48(c); the requirements of paragraphs12.26,12.27,12.29(a),12.29(b) and12.29A; the requirement of paragraph 33.7. 25

Income Items of income are recognised and included in the accounts when all of the following criteria are met: The charity or its subsidiary have entitlement to the funds; Any performance conditions attached to the items of income have been met or are fully within the control of the charity or its subsidiary; and There is sufficient certainty that receipt of the income is considered probable and measured reliably. Specific accounting policies for income recognition ore as follows: Donations, gifts and legacies All monetary donations, gifts and legacies are credited to the income and expenditure account in the period of receipt. Donations under Gift Aid together with the associated income tax recoveries are credited to the income and expenditure account when the donations are received. Incom• Charitable activities Incoming resources from charitable activities are accounted for when earned. Exp•ndltur• Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but are not accrued as expenditure. Tanglblellxed assets Tangible fixed assets are stated at historical cost less accumulated depreciation less any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixtures and fittings 15 /0 on cost Computer equipment- 25/0 on reducing balance 26

Taxation The charity is exempt from corporation tax on its charitable activities. Fund aceountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Penslon costs and other post-retlrement beneflts The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company s pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Dobtors other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any discounts due. Cashat bankand In hand Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Crodltors Creditors 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 are recognised at their settlement amount after allowing for any trade discounts due. Flnanclal Instruments The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities. 27

  1. DONATIONS AND LEGACIES 31.1224 31.12.23 Donations Gift Aid Legacies Total 2,466 368 92,000 94.834 718 277 995
  2. INVESTMENT INCOME 31.1224 31.1223 D•poslt account Int•r•st 11,943 9,636
  3. INCOME FROM CHARITABLE ACTIVITIES Actlvlty 31.1224 31.12.23 Journal Income Subscriptions Conferences Event income National CPD Programme Virtual Job Fair NHSE Project Job advertisement income Promotlon of Music Therapy Promotion of Music Therapy Promotion of Music Therapy Promotion of Music Therapy Promotion of Music Therapy Promotion of Music Therapy Promotion of Music Therapy Promotion of Music Therapy 1,961 186,025 107,338 737 12,950 1,909 173,659 920 8,536 4,976 3,850 3,200 316,061 190,000 The charity hosts a conference every two years, the last conference was held in May 2024.

  4. CHARITABLE ACTIVITIES COSTS Dlroct costs Grant fundlng of actlvltlo$ Support costs (so• not• 6) Totals Promotion of Music Therapy 393.634 4.700 4,151 402,485 28

  5. SUPPORT COSTS Managemont Financo Governanco Totals Promotion of Music Therapy 1,033 364 2,754 4,151 Support costs, included in the above. are as follows: Management 31.1224 Promotlon of Muslc Thorapy 31.12.23 Total Actlvltles Sundries Trustee expenses Meeting costs Total gio 732 1,744 3.386 345 688 1,033 Flnance 31.12.24 Promotlon ol Muslc Thorapy 31.1223 Total Actlvltlos Bank charges Depreciation of tangible fixed assets Total 350 14 364 306 194 500 Governance Costs 31.1224 Promotlon ot Musk Therapy 31.1223 Total A¢tlvftles Accountancy fees 1754 1,788 29

  6. NET INCOME (EXPENDITURE) Net incomel(expenditure) is stated after charging/(crediting): 31.1224 31.1223 Depreciation - owned assets Deficit on disposal of fixed assets Independent examiner fees Independent examiner fees - other accountancy services 13 194 435 1,200 588 1,470 1,284

  7. TRUSTEES. RENUMERATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 31st December 2024 nor for the year ended 31st December 2023. Trustoos. expenses Trustee expenses, relating to travel costs, totalling £345 (2023 - £732) were paid to 2 (2023 3) trustees during the year.

  8. STAFF COSTS 31.1224 31.1223 Wages and salaries Social security costs other pension costs Total 175,033 11,728 10,449 197,210 150,392 9,778 6,976 167.146 The average monthly number of employees during the year was as follows: 31.12.24 31.12.23 Administration Development Operations Total No employees received emoluments in excess of £60,000. 30

  9. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES Unrestrkted funds Restrlcted funds Total Funds INCOME AND ENDOWMENTS FROM Donations and legacies 995 995 Charltable activities Promotion of Music Therapy Investment income Total 190,000 9,488 200.483 190,000 9,636 200,631 148 148 EXPENDITURE ON Promotion of Music Therapy other 256,115 435 400 256,515 435 256,550 400 256,950 NET INCOMEI(EXPENDITURE) (56,067) (252) (56,319) RECONCILIATION OF FUNDS Total funds brought forward 383,841 45,788 429,629 TOTAL FUNDS CARRIED FORWARD 327.774 45.536 373.310 31

  10. TANGIBLE FIXED ASSETS Computar oquipmant COST At Ist January 2024 Additions Disposals 2,842 652 (480) At 31st December 2024 3014 DEPRECIATION At 1st January 2024 Charge for year Eliminated on disposal 2,842 13 (480) At 31st December 2024 2,375 NET BOOK VALUE At 31st December 2024 At 31st December 2023 639

  11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1224 31.1223 Trade debtors other debtors Prepayments 360 1,620 2,875 487 48,787 52.149 1980 32

  12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1224 31.1223 Trade creditors Social security and other taxes VAT other creditors Accruals and deferred income Total 501 151 48 71 1,770 54,731 56.771 302 2720 4,197 7.720 Within accruals and deferred income, deferred income amounts to £1,105 (2023 - £22,946). The deferred income in 2024 relates to 2025 subscription fees. In the year £22,946 was released into revenue in the Statement of Financial Activities (2023 - £350).

  13. MOVEMENT IN FUNDS Atl.124 N•t mov•m•nt In fund$ At 31.12.24 Unrostrlctod fund* General fund Designated fund Total 233,151 94,623 327.774 79,934 (59,285) 20,649 313,085 35,338 348.423 R•8trkt•d fund8 Guildford Academic Associates Music Therapy Fund Juliet Alvin Music Therapy Fund - General Juliet Alvin Music Therapy Fund - Scholarship Fund Juliet Alvin Music Therapy Fund - Research Fund Total 25,393 15,465 365 4,313 45.536 25,393 15,465 65 4,313 45.236 (300) (300) TOTAL FUNDS 373.310 20.349 393,659 33

  14. MOVEMENT IN FUNDS- Continued Net movement in funds, included in the above are as follows: Incoming resources É Resourcas ex￿nded £ Movomont in funds£ Unrestrlcted funds General fund Designated fund Total 302,550 120,288 422.838 (222,616) (179,573) (402.189) 79,934 (59285) 20.649 Rastrkt•d fund$ Juliet Alvin Music Therapy Fund - Scholarship Fund Total (300) (300) TOTAL FUNDS 422.838 (402.489) 20.349 Comparatlv•s for mov•m•nt In funds Ati.1.23 N•t mov•m•nt In lund# At 31.12.23 Unr•8trlct•d fund$ General fund Designated fund Total 257,728 126,113 383,841 (24,577) (31,490) (56,067) 233,151 94,623 327,774 R•strlct•d lund• Guildford Academic Associates Music Therapy Fund Juliet Alvin Music Therapy Fund - General Juliet Alvin Music Therapy Fund - Scholarship Fund Juliet Alvin Music Therapy Fund - Research Fund Total 25.393 15,450 763 4,182 45,788 25,393 15,465 365 4,313 45,536 15 (398) 131 (252) TOTAL FUNDS 429.629 (56.319) 373.310 34

Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund Designated fund Total 191,948 8,535 200.483 (216,525) (40,025) (256.550) (24,577) (31,490) (56.067) Restricted funds Juliet Alvin Music Therapy Fund- General Juliet Alvin Music Therapy Fund- Scholarship Fund Juliet Alvin Music Therapy Fund- Research Fund Total 15 15 (398) 131 (252) (400) 148 (400) TOTAL FUNDS 200,631 (256,950) (56,319) 35

Movement In lunds- contlnued Deslgnated funds The designated funds comprise accumulated conference surpluses to be used for CPD activities, and funds for projects supporting the provision of Music Therapy. Gulldford Academlc Assoclates Muslc Therapy Fund Donations totalling £25,000 from Guildford Academic Associates established a fund of money from which to make grants to support Music Therapists on recognised trainings. Jullet Alvln Muslc Therapy Funds The funds were established by a Deed of Trust in 1984 in memory of the late Juliet Alvin who founded the first music therapy training programme in the UK in 1968 at the Guildhall School of Music and Drama. The Trust is administered through BAMT but does not allow administration costs to be drawn from the fund itself. There are four sub-funds: Scholarship fund Research fund Humphrey Mews Memorial fund General fund The scholarship fund is to be used to provide student grants to music therapy trainees from Guildhall School of Music and Drama. The research fund can be used to support music therapists undertaking research at any recognised Higher Education Institution. The Humphrey Mews Memorial was established at a later date for the specific purpose of supporting research into Vibroacoustic Therapy. As of recently these funds are now able to be spent on other activities. The general fund is available to be used to support the purposes of the fund at the discretion of the trustees. 15. OTHER FINANCIAL COMMITMENTS The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. Contributions are reflected in expenditure on the same basis as an individual's salary allocation. The charge to the Statement of Financial Activities in respect of defined contribution schemes was £10,449 (2023 - £6,976). At the year end all commitments have been paid over to the independent administered fund with the exception of £1,615 (2023 - £949) which is due to be paid after the year end. 36

  1. RELATED PARTY DISCLOSURES An amount of £2,930 was paid to P Rogers (2023 - £2,400), a trustee, for providing a safeguarding training course in the year. These transactions have been reviewed and were considered reasonable expenses. 37

Detailed Statement of Financial Activities for the year ended 31st Dec 2024 INCOME AND EN(>OWMENTS 31.1224 31.IZ23 Donatlons and1ogacl•s Donations Gift aid L8gaci8S Total: 2,466 368 92000 94,834 718 277 995 Inv•8tm•nt Incom• Deposit account interest 11,943 9,636 Charltabl• actlvltl•s Journal income Subscriptions Conferences Event income National CPD Programme Virtual job fair NHSE Project Job Adv8rtlS8m8nt Scheme Total: 1,961 186,025 107,338 737 IZ950 1,909 173,659 920 8,536 4,976 3,850 3,200 316,061 190,000 Total In¢omlng r•sours•s 422.838 200.631 EXPENDITURE Charltabl• aetlvltl•• Salaries Social security Pensions Office costs Website maintenance costs Journal costs Marketing and publicity Regional events Subscription costs AHP rewards Consultancy Fees Training and education costs Conference costs EDI Project Mentor for Chair AHA costs National CPD Programme 175,033 11,728 10,449 8,843 4,615 30,907 766 1,980 2,674 618 4,500 697 116,723 1,496 30 150,392 9,778 6,976 13,128 2,799 30,127 716 641 2,835 576 296 419 30 5,090 2,856 4,602 Carried fO￿ard 375,661 226,659 This page does not form part of the statutory financial statements 38

BRITISH ASSOCIATION FOR MUSIC THERAPY Detailed Statement of Financial Activities for the year ended 31st December 2024 31.1124 31.1123 Charitabl• activit508 Brought forward NQMT Training Virtual job fair expenses Music & drama expo costs EMTC meeting costs Supervision Work Group student grants Total: 375,661 15,453 226,659 12,470 5,051 1,260 901 1,106 492 922 4,700 398,334 4,500 250,841 oth Loss on sale of tangible fixed assets Interest Poyable Total: 435 435 Support costs Managom•nt Sundries Trustee exp8nses Meeting costs Total: 910 732 1,744 3.386 345 688 1.033 Flnane• Bank charges Computer equipment Total: 350 14 384 306 194 500 Govwnane• eo8t8 Accountancy fees 2,754 1,788 Total r•sourc•s •xp•nd•d 402,489 256,950 Not {oxpondltur•)Iincom• 20.349 (56.319) This page does not form part of the statutory financial statements 39