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2026-03-31-accounts

Company No: 07578987 Registered Charity No. 1143459

CREATIVE FUTURES (UK) LIMITED A COMPANY LIMITED BY GUARANTEE

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

Transformational experiences through the arts

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

INDEX
Company information
Report of the directors
Independent examiner’s report
Statement of financial activities
Balance sheet
Accounting policies
Notes to the financial statements		 Page
1
2 - 10
11
12
13
14
15-19

- CREATIVE FUTURES (UK) LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT & ACCOUNTS, 2025-2026

COMPANY NUMBER : 07578987 CHARITY NUMBER : 1143459 DIRECTORS/TRUSTEES : Marcia Bennie Matthew Brookes – Treasurer Baden Prince Paul Hayday Marcus James – Chair Alistair Pike Aleksandra Trojacanec REGISTERED OFFICE : Office 9a, The Beethoven Centre Third Avenue London W10 4JL CHARITY ADDRESS : Office 9a, The Beethoven Centre Third Avenue London W10 4JL INDEPENDENT EXAMINER : Anthony Epton Goldwins Limited, Chartered Accountants 75 Maygrove Road, West Hampstead, London, NW6 2EG

1

- CREATIVE FUTURES (UK) LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT & ACCOUNTS, 2025-2026

The directors present their report and the financial statements for the year ended 31 March 2026.

MISSION STATEMENT

Creative Futures offers transformative experiences to children, young people and families, especially those from underserved communities, through bespoke and inspiring creative arts programmes.

OBJECTIVES OF THE CHARITY

LEGAL STATUS & TAX STATUS

The charitable company is a private Company Limited by Guarantee governed by its Memorandum and Articles of Association. As a Registered Charity in the UK it is exempt from UK Corporation Tax as all income is applied for charitable purposes.

ORGANISATIONAL STRUCTURE

The Trustees act as Directors for the purposes of company law and as Trustees for the purposes of charity law. New Trustees are appointed by the Directors.

AMBASSADOR

We are delighted to announce that pianist and children’s writer, Konya Kanneh-Mason, has become the first Ambassador for Creative Futures. Konya joined Creative Futures is early 2026 and has already engaged with young people through our Hear My Voice project.

2

- CREATIVE FUTURES (UK) LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT & ACCOUNTS, 2025-2026

MANAGEMENT STRUCTURE

The company was managed during the year by 3 employees:

Tasks undertaken by the management team include devising and planning new projects, fundraising, building partnerships with other charitable and educational organisations, managing and overseeing the delivery and monitoring of all projects including assessing their impact, budgeting and financial management, and organisational development. Trustees are updated regularly.

Creative Futures’ programmes are delivered by experienced, DBS-checked artisteducators who are engaged in a freelance capacity on a project-by-project basis.

RESERVES POLICY

The Board of Trustees aims to build and maintain an unrestricted reserve equivalent to 6 months of core costs, to ensure that the charitable aims and administrative costs of the charity can be met on an ongoing basis. This target level of reserves continues to be met.

PUBLIC BENEFIT STATEMENT

The charity trustees have complied with their duty to have due regard to the guidance published by the Charity Commission including that on public benefit in exercising their powers or duties.

RISKS POLICY

The Board of Trustees has a Risks Register which acknowledges potential risks and outlines the Company's action to limit any contingent liabilities in order to minimize these risks.

3

- CREATIVE FUTURES (UK) LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT & ACCOUNTS, 2025-2026

REVIEW OF ACTIVITIES AND ACHIEVEMENTS, 2025-26

2025-26 saw a decrease in turnover of 9% compared to 2024-25, reflecting the challenging fundraising landscape. However, across its portfolio, Creative Futures has continued to deliver high quality projects and has increased the number of beneficiaries to around 4,000 children, families and young people.

Our three focus areas have shifted slightly, and are now (i) early years: children under 5, their families, carers and educators; (ii) vulnerable children and young people including those with special educational needs, the care experienced, and those at risk of school exclusion; and (iii) mental health and well-being, which features as a core theme in almost every programme we deliver. The majority of our programmes, funding and participants remain in the early years bracket, and Creative Futures continues to be considered a sector leader in early years arts provision.

Activity during 2025-26

EARLY YEARS PROJECTS

Creative Futures is an established sector leader in early years music and arts delivery. Our carefully structured programmes, often with a research element, provide inspiring and developmentally beneficial music, movement, story-telling, and art activities to children in some of the most deprived parts of London and beyond.

Community Families Running since: 2013 Location: north Westminster Reach: 600+ families per year

‘Community Families’ is Creative Futures’ flagship families programme, which reached over 600 families with children aged 0-4 in northwest Westminster. The programme is in its 12[th] year, and in 2025/6 delivered 6 free and accessible music sessions each week during term-time. 2 sessions are specifically for mothers and babies under 12 months old, 2 sessions are open to families with children aged 0-4 years, and 2 sessions are for more vulnerable families referred by partner services and Family Hubs. These ‘Nurture Groups’ have been highly successful in supporting mothers, building their confidence to then join one of our other music drop-in sessions. Our sessions provide fun, creative and stimulating activities for parents and children, information and support from local trained ‘Maternity Champions’ (from Paddington Development Trust), and are proven to reduce isolation, improve mental wellbeing, and strengthen many aspects of early childhood development. During 2026/6, Community Families was funded by the City of Westminster’s Community Priorities Programme and North Paddington Programme, the Young Westminster Foundation, the City of Westminster Charitable Trust, the Westminster Foundation, and the Garfield Weston Foundation.

Until December 2025 the project had been led by Julie Isaac, who, together with project assistant Tonique Lemard, provided hundreds of families every week with a wonderfully welcoming and nurturing musical and social connection point. We – and the whole of Community Families – were devastated at the sudden death of Julie in April 2026, and wish to mark her extraordinary contribution to our organisation, and to the lives of thousands of children and their families who experienced Julie’s loving and musical sessions since 2013. Julie will be sorely missed by us all.

4

Music at Heart Running since: 2022 Location: north Westminster Reach: 40 mothers & babies each year

‘Music at Heart’ is our music in hospitals programme, and currently focusses on a partnership with the perinatal mental health team at St. Mary’s Hospital in north Westminster. Music at Heart consists of weekly therapeutic singing sessions delivered by two specialist musicians to support mothers (and their babies) with acute mental health conditions and post-natal depression. As the project is delivered in the same neighbourhood as Community Families, we have created an innovative ‘Musical Care Pathway’ to support mothers with mental health conditions through the specialist support given at Music at Heart, to our Nurture Groups, and on the open-access drop-in sessions. Music at Heart is currently funded by two generous individual donors . A short-term extension of the project was piloted with Queen Charlotte’s & Chelsea Hospital at Old Oak Family Hub and the Bush Theatre, funded by Imperial Health Charity .

Sound Communities

Running since: 2018 Location: Brent Reach: 15 EYPs & 300 children each year

‘Sound Communities’ is an early years workforce development programme which seeks to embed more music and creativity into Early Years teaching practice through a combination of professional development sessions and in-setting mentoring and codelivery. An underlying aim of the project is to support children’s speech, language and communication skills through teacher-led music activities. During 2025/6, we concluded the second phase of delivery in the London borough of Brent, completing work with 30 settings, funded by National Foundation for Youth Music and John Lyon’s Charity with additional funds from the Ingles Charitable Trust . A third phase of Sound Communities started in September 2025, funded solely by John Lyon’s Charity and remaining in Brent, working closely with Brent Music Service and 8 primary school nursery settings across the borough. A comprehensive online toolkit for the project, created in collaboration with The Communications Trust (part of ICAN), was launched in January 2020 as part of the first phase of the project from 2018-22, and continues to support teachers involved in this programme as well as being freely accessible to teachers and Early Years Professionals everywhere: www.soundcommunities.org.uk

Arts Exchange Running: 2023-25 Location: Harrow Reach: 240 children per year

‘Arts Exchange’ (a strand of our ‘Music for Change’ initiative), a multi-arts early years project in Harrow supported by John Lyon’s Charity , concluded its two year run in summer 2025. In each of the two years of the project, 4 schools took part and received

5

- CREATIVE FUTURES (UK) LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT & ACCOUNTS, 2025-2026

weekly workshops for 13 weeks delivered by a musician and another artist. We have worked with dancers and artists alongside our musicians, and learned much from the opportunity to collaborate in a multi-arts format and to explore and develop new practice with the children. Arts Exchange engaged approximately 240 children aged 3-4 years each year. We also supported teachers to develop their confidence and practice around music in order to embed more music, dance and movement, and art into their everyday teaching practice. The project provided our artists with treasured opportunities to develop and reflect upon their practice with artists from different art-forms, and the rare opportunity to fully collaborate.

London Early Year Music Network

Running since: 2021 Location: London

Sound Connections ‘London Early Years Music Network’: our Creative Producer and early years music specialist, Vanessa Stansall, continued to act as Early Years Music Lead for this network, supporting existing and emerging music leaders who work in Early Years with networking and professional development opportunities.

Sound Start Running since: 2024 Location: Across London Reach: 480 children per year

Sound Start is a significant new project funded by the Paul Hamlyn Foundation which explores ways of embedding more music into the practice of the Early Years workforce by providing training and mentoring for early career EYPs. We are working in close partnership with the London Early Years Foundation (LEYF) and their Apprenticeship Academy, providing a mix of group CPD sessions and one-to-one mentoring in settings across LEYF’s London network of nurseries. Our evaluation partners at the University of Middlesex, Mona Sakr and Kayla Halls, have added valuable learning and insights to the project, and helped develop a series of vignettes which are presented on our website. The project also involves training for a number of early career music specialists (some recruited through the above mentioned LEYMN programme), and we are delighted to be growing the number of early years music practitioners through this project.

Steps into Music

Running since: 2012 Location: Hackney Reach: 400+ children per year

Steps into Music is Creative Futures music and movement project in Hackney Children’s Centres and other nurseries in Hackney, which has this year significantly expanded from four Centres to ten, reaching hundreds of families every week and especially targeting ‘hard to reach’ families to support early childhood development and parent-child bonding. Sessions are generally split into mother and baby sessions, and then broader 0-4 years sessions, and include singing songs from around the world as well as songs with movement and instruments.

6

Together We Sing Running since: 2025 Location: Thanet, Kent Reach: 19 families to date

This new singing project for mothers who are vulnerable, isolated or suffering with poor mental health, and their babies, took place from May to November 2025, with funding from the National Lottery Awards for All fund. This pilot took place in community venues in Margate and Ramsgate, Thanet. The project was managed and delivered by local musicians who have worked on our London programmes. It is modelled on the Community Families ‘Nurture Groups’, providing a welcoming and nurturing environment through which mothers build their confidence and connection with their baby and other families. In this pilot we reached 19 mothers, and funding is sought to establish the project more permanently.

YOUTH PROGRAMME

Hear My Voice Running since: 2024 Location: north west London Reach: 20+ young people per year

Our programmes with Care Experienced Young People sit at the heart of our new Youth Strategy, continuing the work we began with this particularly vulnerable sector of young people in 2012. In 2024, Creative Futures delivered two pilot song-writing and band projects with care experienced young people in the boroughs of Harrow, Brent, Ealing and Barnet, in partnership with the 4 borough’s Virtual Schools and an enrichment officer funded by John Lyon’s Charity. This has led to new 3-year funding from BBC Children in Need , in addition to smaller grants from D’Oyly Carte Charitable Trust , the Hedley Foundation and the Shanly Foundation , for a music and art project with further care experienced young people from this area of northwest London. The project is delivered in partnership with, and located at, the University of Westminster’s Harrow campus, and the University of West London in Ealing, and supported by student ambassadors from both institutions – giving our pupils a taste of university life. To date the project has engaged with 20 young people who formed bands, developed instrumental skills, and create their own songs. We were delighted that our new Ambassador, Konya Kanneh-Mason, could join us for a day of workshops at Easter.

Young Producers

Running since: 2022 Location: Barnet Reach: 15+ young people

We are currently seeking funding to continue and grow this area of our work with young people at risk of school exclusion.

Young Carers Project Running since: 2024 Location: Westminster Reach: 15+ young people

We are currently seeking funding to continue and grow this area of our work with young carers.

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- CREATIVE FUTURES (UK) LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT & ACCOUNTS, 2025-2026

PROJECTS WITH CHILDREN WITH SPECIAL EDUCATIONAL NEEDS

Creative Futures is pleased to have continued to work with deaf and hearing impaired children during the year.

Sounding Out Running since: 2014 Location: Islington, Tower Hamlets, Newham Reach: 90 children per year

‘Sounding Out’, our flagship music programme for deaf children, has continued to be delivered in three primary schools with specialist deaf units: Selwyn Primary School (Newham), Laycock Primary School (Islington), and Hague Primary School (Tower Hamlets), with 3-year funding from the City Bridge Foundation . Weekly music sessions with small groups of pupils aged 4-9 years focus on singing, vocalisation, playing instruments, improvisation and composition. A free online Toolkit on our website, developed in an earlier phase of the project, supports teachers of the deaf. The project is delivered by pairs of specialist musicians, and supported by a researcher from UCL. Our lead musicians have been joined by two trainee music leaders who have now become embedded in the project team as co-leaders. Other funders of this programme are the Ingles Charitable Trust, and the Makers of Playing Cards Charity.

CORE FUNDING

We are particularly grateful to Ingles & Hayday which has supported us over the years with a venue for our Trustees’ meetings, and this year with another unrestricted corporate donation. We are grateful to all those organisations and individuals that have supported our work, on whatever scale: without these contributions we would not be able to deliver our inspiring projects to the children, young people and families who value them.

RESEARCH & PARTNERSHIPS

We continue to enjoy a strategic partnership with the UCL Institute of Education , especially with Professor Graham Welch with whom we have launched a Music and Cognition Research Group to underpin our various collaborations. We are also privileged to be collaborating with researchers at a number of universities in the USA, notably James Madison University in Virginia where our director, Julian Knight, spent a semester in 2024 as a Fulbright ‘scholar-in-residence’. A number of ongoing collaborative projects are underway with JMU, including an annual summer visit by arts students who spend the month of June exploring the cultural offer of London, and volunteering in London arts organisations; and a new rendition of ‘Sound & Symbol’, a collaborative research project in early years music and literacy which is underway in Harisonburg, Virginia.

Our partnership with a range of voluntary and community sector organisations in our home locality of north Westminster (including One Westminster, Paddington Development Trust, St Mary’s Hospital, Queen’s Park Family Hub, the Portman Early Years Centre, Family Lives, Westbourne Park Family Centre to name a few) has enabled us to reach and support hundreds of vulnerable families in the area.

Creative Futures continues to be a Delivery Partner of the Triborough Music Hub and its wider London West Hub , and to collaborate with numerous other Music Education Hubs in London and the southeast, and music institutions such as the Royal College of Music .

8

STRATEGIC OBJECTIVES

During the final quarter of 2025/6, our Director Julian Knight worked with a volunteer from Cranfield Trust (supported by the Westminster Foundation ) to refresh and rethink the organisation’s Strategic Plan. This is currently being approved by Trustees.

VALUES

FUTURE PLANS AND DEVELOPMENT

A number of new programmes are in the pipeline for 2026 and beyond, including ‘BabySounds’ for which we have received a grant from Youth Music’s Trailblazer Fund for a short pilot project in the summer and autumn of 2026. We hope that this will lead to the further development of work within the baby rooms of nurseries – an area little explored. Further new, and ongoing, programmes are planned which will continue to embed our values, support our core areas of work, build on existing and new partnerships, and enrich the lives of children, young people and families across London and beyond. We will continue to invest in our family of artists, reflecting and learning together from the work we deliver in order to improve the quality and reach of our programmes, as well as continuing to collaborate with leading researchers in the field.

STATEMENT OF TRUSTEES' (DIRECTORS') RESPONSIBILITIES

Company law requires the directors, who serve as trustees for the purposes of charity law, to prepare Financial Statements for each financial year, which give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing those Financial Statements, the directors are required to:-

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable him to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

9

- CREATIVE FUTURES (UK) LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT & ACCOUNTS, 2025-2026

The Directors’ Report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

By Order of the Board

Marcus James Chair of Trustees, 10.06.2026

10

- CREATIVE FUTURES (UK) LIMITED (A COMPANY LIMITED BY GUARANTEE)

ANNUAL REPORT & ACCOUNTS, 2025-2026

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CREATIVE FUTURES (UK) LIMITED

I report on the accounts of the company for the year ended 31 March 2026, which are set out on pages 12 to 21.

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

Since the Company’s gross income exceeded £250,000, I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, 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:

  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.

Anthony Epton BA, FCA, CTA Goldwins Chartered Accountants, 75 Maygrove Road, West Hampstead, London NW6 2EG

11/06/2026

11

Creative Futures (UK) Limited Statement of financial activities

(incorporating an income and expenditure account)

For the year ended 31 March 2026

Note
Income from:
Donations
3
Charitable activities:
4
Grants
Schools and local authorities
Investment income
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net gains / (losses) on investments
7
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net income / (expenditure) for the year
Net income / (expenditure) before net gains /
(losses) on investments		 Unrestricted
funds
£
4,202
1,000
77,960
5,537
88,699
91,539
91,539
-
(2,840)
183
(2,657)
91,039
88,382
(2,840)		 Restricted
funds
£
1,153
312,989
8,575
-
322,717
384,490
384,490
-
(61,773)
(183)
(61,956)
183,158
121,202
(61,773)		 2026
Total
funds
£
5,355
313,989
86,535
5,537
411,416
476,029
476,029
-
(64,613)
-
(64,613)
274,197
209,584
(64,613)		 2025
Total
funds
£
5,625
354,607
85,190
5,825
451,247
436,783
436,783
-
14,464
14,464
-
14,464
259,733
274,197

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.

12

Creative Futures (UK) Limited Balance sheet As at 31 March 2026

Note
Fixed assets:
10
Current assets:
11
Liabilities:
12
13
Total unrestricted funds
Funds
General funds
Total funds
Unrestricted funds:
Restricted funds
Total net assets
Tangible assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
Net current assets		 2026
£
3,750
207,485		 2026
2025
£
£
569
3,900
271,806
275,706
2,220
209,015
209,584
121,202
91,039
88,382
209,584		 2025
£
711
273,486
211,235
2,220
88,382
274,197
183,158
91,039
274,197

The Charity's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The Trustees consider that the Charity is entitled to exemption from the requirement to have an audit under the provision of section 477 of the Companies Act 2006("the Act") and members have not required the Charity to obtain an audit for the year in question in accordance with section 476 of the act. The Trustee acknowledge their responsibilities for complying with the requirement of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Approved by the trustees on 10 June 2026.

and signed on their behalf by:

Matthew Brookes Treasurer

Company registration no. 07578987

The attached notes form part of the financial statements.

13

Creative Futures (UK) Limited Notes to the financial statements For the year ended 31 March 2026

1 Accounting policies

a) 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 of Ireland (FRS 102 - effective 1 January 2019) - (Charities SORP FRS 102) and the Companies Act 2006.

The charitable company 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 or note.

b) Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

c) Income

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

Income from government and other grants, whether grants or grants, 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 received in advance for the provision of specified service is deferred until the criteria for income recognition are met.

d) Interest receivable

e) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the work or for specific projects being undertaken by the charity.

f) Expenditure

g) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities.

h) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Equipment 20% Reducing Balance

i) 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.

j) 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.

k) Creditors and provisions

14

Creative Futures (UK) Limited Notes to the financial statements For the year ended 31 March 2026

2
Detailed comparatives for the statement of
Income from:
Donations
Charitable activities:
Grants
Schools and local authorities
Investments
Total income
Expenditure on:
Charitable activities
Total expenditure
Transfers between funds
Net income / (expenditure)
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Donations
4
Income from charitable activities
Grants
Schools and local authorities
Total income from charitable activities
5
Income from investments
Bank interest
Net income / expenditure before gains /
(losses) on investments		 financial activities
2025
Unrestricted
funds
£
4,046
1,000
58,265
5,825
69,136
67,130
67,130
2,006
136
2,142
88,897
91,039
Unrestricted
funds
Restricted
funds
£
£
4,202
1,153
4,202
1,153
Unrestricted
funds
Restricted
funds
£
£
1,000
312,989
77,960
8,575
78,960
321,564
Unrestricted
funds
Restricted
funds
£
£
5,537
-
5,537
-		 2025
Restricted
funds
£
1,579
353,607
26,925
-
382,111
369,653
369,653
12,458
(136)
12,322
170,836
183,158
2026
Total
funds
£
5,355
5,355
2026
Total
funds
£
313,989
86,535
400,524
2026
Total
funds
£
5,537
5,537		 2025
Total
funds
£
5,625
354,607
85,190
5,825
451,247
436,783
436,783
14,464
-
14,464
259,733
274,197
2025
Total
funds
£
5,625
5,625
2025
Total
funds
£
354,607
85,190
439,797
2025
Total
funds
£
5,825
5,825

15

Creative Futures (UK) Limited Notes to the financial statements For the year ended 31 March 2026

6 (a) Analysis of expenditure

Musicians and Practitioners to deliver workshops
Other project costs
Research fees
Staff training
Rent and rates
Insurance
Telephone and internet
Printing, postage and stationery
Independent examination fees
Computer costs
Professional fees
Depreciation
Support costs
Total expenditure 2026
Total expenditure 2025		 Charitable Charitable Support
costs
£		 2026
Total
£		 2025
activities
£		 Total
£
159,744
39,725
220,847
25,882
6,650
-
-
-
-
-
-
-
-
-		 -
-
-
-
-
852
9,740
1,256
1,658
1,223
2,220
2,233
3,857
142
23,181
(23,181)
-
-		 159,744
39,725
220,847
25,882
6,650
852
9,740
1,256
1,658
1,223
2,220
2,233
3,857
142
476,029
-
476,029
436,783		 133,750
41,651
216,816
9,752
12,300
370
7,917
1,256
1,531
208
2,340
3,711
5,003
178
452,848
23,181		 436,783
476,029
436,783

Of the total expenditure, £91,539 was unrestricted (2025: £67,130) and £384,490 was restricted (2025: £369,653).

Musicians and Practitioners to deliver workshops
Other project costs
Research fees
Staff training
Rent and rates
Insurance
Telephone and internet
Printing, postage and stationery
Independent examination fees
Computer costs
Professional fees
Depreciation
Support costs
Total expenditure 2025		 Charitable Charitable Support
costs
£		 2025
Total
£		 2024
activities
£		 Total
£
133,750
41,651
216,816
9,752
12,300
-
-
-
-
-
-
-
-
-		 133,750
41,651
216,816
9,752
12,300
370
7,917
1,256
1,531
208
2,340
3,711
5,003
178
436,783
-
436,783		 122,876
40,941
174,691
7,968
1,000
406
7,338
1,243
2,013
299
2,140
2,497
6,733
222
414,269
22,514		 370,367
436,783

16

Creative Futures (UK) Limited Notes to the financial statements For the year ended 31 March 2026

7 Net income / (expenditure) for the year

This is stated after charging / (crediting):
Depreciation
Independent examiner's fees- Net of VAT		 2026
£
142
1,850		 2025
£
178
1,850

8 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:
Salaries and wages
Social security costs
Other staff costs		 2026
£
165,371
22,510
2,860
8,728		 2025
£
161,280
11,313
2,808
-
199,469 175,401

The total employee benefits including Employer's NIC and pension contributions of the key management personnel were £62,499 (2025: £50,192).

No employee earned more than £60,000 in the year.

No charity trustees were paid or received any other benefits from employment with the charity in the year (2025: £nil), one trustee received reimbursement of travel expenses of £174.40 during the year (2025: £nil).

Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows:

Charitable activities
Governance		 2026
No.
4
1		 2025
No.
5
1
5 6

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

10 Tangible fixed assets

Cost
At the start of the year
Additions in year
Disposals in year
At the end of the year
Depreciation
At the start of the year
Charge for the year
Eliminated on disposal
At the end of the year
Net book value
At the end of the year
At the start of the year		 £
5,677
-
-
Equipment		 Total
£
5,677
-
-
5,677 5,677
4,966
142
-		 4,966
142
-
5,108 5,108
569 569
711 711

17

Creative Futures (UK) Limited Notes to the financial statements For the year ended 31 March 2026

11 Debtors

Other debtors

12 Creditors: amounts falling due within one year

Accruals

2026
£
3,750		 2025
£
3,900
3,750 3,900
2026
£
2,220		 2025
£
2,220
2,220 2,220

13 Analysis of net assets between funds

Analysis of net assets between funds
Tangible fixed assets
Net current assets
Net assets at the end of the year
Analysis of net assets between funds- prior year
Tangible fixed assets
Net current assets
Net assets at the end of the year		 Unrestricted
funds
£
569
87,813		 Designated
funds
£
-
-		 Restricted
funds
£
-
121,202		 Total
funds
£
569
209,015
88,382 - 121,202 209,584
Unrestricted
funds
£
569
90,470		 Designated
funds
£
-
-		 Restricted
funds
£
-
183,158		 Total
funds
£
569
273,628
91,039 - 183,158 274,197

18

Creative Futures (UK) Limited Notes to the financial statements For the year ended 31 March 2026

14 (a) Movements in funds
Restricted funds:
Hear My Voice
Altmore
Community Families
YM Open Doors
Sound Start with LEYF
Sound Communities (III)
Arts Exchange (MFC Harrow)
Sounding Out (2023-)
Music at Heart - QCCH
Sound Communities II
Music at Heart II
One Voice
Together We Sing
Total restricted funds
Unrestricted funds:
General funds
Total unrestricted funds
14(b)
Movements in funds-prior year
Restricted funds:
Hear My Voice
YHF-Short Breaks
Community Families
Young Producers
Sound Start with LEYF
London Rhymes 2023-24
Arts Exchange (MFC Harrow)
Sounding Out (2023-)
Music at Heart - QCCH
Sound Communities II
Music at Heart II
LENA: Music in the home Research
Together We Sing
Total restricted funds
Unrestricted funds:
General funds
Total unrestricted funds		 £
7,008
-
25,100
-
35,411
-
15,212
9,343
4,219
36,105
30,796
-
19,964
At the start of
the year		 £
26,840
5,000
75,897
19,000
93,100
50,000
-
43,925
-
4,981
-
3,974
-
Incoming
resources &
gains		 £
18,934
3,774
95,101
9,007
85,073
31,181
15,210
39,339
4,181
40,966
20,709
1,074
19,941
Outgoing
resources
& losses		 Transfers
£
-
-
-
-
-
(2)
-
(38)
(120)
-
-
(23)		 £
14,914
1,226
5,896
9,993
43,438
18,819
-
13,929
-
-
10,087
2,900
-
At the end
of the year
183,158 322,717 384,490 (183) 121,202
91,039 88,699 91,539 183 88,382
91,039 88,699 91,539 183 88,382
£
-
850
37,707
1,900
(156)
1,841
12,293
9,089
11,940
40,815
53,557
1,000
-
At the start of
the year		 £
10,580
2,925
68,397
250
105,150
18,170
37,500
41,865
-
77,310
-
-
19,964
Incoming
resources &
gains		 £
3,572
3,745
81,004
2,100
69,583
19,955
34,581
41,611
7,721
82,020
22,761
1,000
-
Outgoing
resources &
losses		 Transfers
£
-
(30)
-
(50)
-
(56)
-
-
-
-
-
-
-		 £
7,008
-
25,100
-
35,411
-
15,212
9,343
4,219
36,105
30,796
-
19,964
At the end
of the year
170,836 382,111 369,653 (136) 183,158
88,897 69,136 67,130 136 91,039
88,897 69,136 67,130 136 91,039

15 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. Each member is liable to contribute a sum not exceeding £1 in the event of the charity being wound up.

16 Related party transactions

During the year, a company connected to one of the trustees made a donation of £2,500 to the charity.

19