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2025-07-31-accounts

REGISTERED COMPANY NUMBER: 07719125 (England and Wales) REGISTERED CHARITY NUMBER: 1146228

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 July 2025

FOR

NATHAN TIMOTHY FOUNDATION LTD

Focal Business Group Limited 4A Church Street Market Harborough Leicestershire LE16 7AA

1

NATHAN TIMOTHY FOUNDATION LTD

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 July 2025

Report of the Trustees Pages 3-11 Independent Examiner's Report Pages 12-13 Statement of Financial Activities Page 14 Balance Sheet Pages 15-16 Notes to the Financial Statements Pages 17-23 Detailed Statement of Financial Activities Pages 24-25

2

NATHAN TIMOTHY FOUNDATION LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 July 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07719125 (England and Wales)

Registered Charity number

1146228

Registered office

7 Reservoir Close

Greenhithe

Kent

DA9 9BX

Trustees

M P Buckley

M Lewis

P J Rhodes

Company Secretary

Independent examiner

Focal Business Group Limited

4a Church Street,

Market Harborough, Leicestershire,

LE16 7AA

3

NATHAN TIMOTHY FOUNDATION LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 July 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The trustees and directors who served during the year to 30 July 2025 were as follows:

Mr Melvyn Lewis

Mr Peter Rhodes

Mr Mark Buckley

The Trustees of the Nathan Timothy Foundation - The Songwriting Charity (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with financial statements of the Nathan Timothy Foundation - The Songwriting Charity (the charity) for the year ended 30 July2023. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

The company is constituted under a Memorandum of Association and is a registered charity number 1146228. The charity is constituted as a company limited by guarantee and is therefore governed by its memorandum and articles of association. Legal responsibility for the management and stewardship of the Charity is vested in the Board of Trustees.

4

STRUCTURE, GOVERNANCE AND MANAGEMENT

Method of appointment or election of trustees

The management of the charity is the responsibility of the Trustees who are elected and under the terms of the Articles of Association. Potential trustees are identified by various methods:

Trustees meet at least four times a year via Skype, telephone conference or face-to-face are held as and when opportunity and need require it. The charity's Trustees are proactive and if they are aware of an opportunity that could positively impact our beneficiaries, they communicate these to the charity's senior management team.

Policies adopted for the induction and training of trustees.

5

STRUCTURE, GOVERNANCE AND MANAGEMENT

Reserves

We acknowledge the Charity Commission's guidance provides the basis of our commitment to maintaining and where possible growing our reserve, with particular focus on mitigating either of the following scenarios:

  1. A source of income, e.g., a grant, not being renewed. Funds might be needed to give the trustees time to take action if income falls below expectations.

  2. The need to fund short-term deficits in a cash budget, e.g., money may need to be spent before a funding grant is received.

Public Benefit

The Trustees of the charity confirm they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission in determining the range of activities undertaken by the charity. The Trustees confirm that in planning the activities of the charity, that such activity is undertaken in the best interest of beneficiary groups and not at the detriment or exclusion of any beneficiaries.

Risk 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.

6

STRUCTURE, GOVERNANCE AND MANAGEMENT

Slavery and Human Trafficking Statement

The Modern Slavery Act 2015 introduces new obligations in relation to slavery and human trafficking. The Charity is fully supportive of the new legislation. Whilst the Charity feels it has a low risk of being exposed to suppliers who utilise human trafficking or slavery, we are committed to improving our practices to combat slavery and human trafficking, where we can. Through vigilance and internal consultation and discussion, we enforce controls to ensure slavery and human trafficking is not taking place anywhere in our limited supply chains.

Due diligence processes for Slavery and Human Trafficking .

As part of our commitment to identify and mitigate risk, we regularly review our buying practices, ensuring we have in place systems to:

Identify and assess potential risk areas in our supply chains; mitigate the risk of slavery and human trafficking occurring in our supply chains; and monitor potential risk areas in our supply chains.

We work closely with a small number of regular suppliers of music technology, software, and hardware. We also purchase hardware from established businesses such as Apple Computers, eBay, Amazon UK, and other technology companies. In such cases, we are reliant on company transparency, corporate diligence, and self-regulation.

The charity realises this is not always ideal, but where such checks and balances exist outside of our control, trustees will help inform direction and any action to be taken to ensure the charity acts in accordance with its values, aims and objectives.

7

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the Nathan Timothy Foundation ‘The Songwriting Charity ’are the advancement of education and training, through the provision of songwriting (drawing on sport, multimedia, and creative arts practice) programs that enhance and support children's learning in schools and communities throughout the UK.

To act as a resource for young people up to the age of 25 living in the United Kingdom by providing advice and assistance and organising programs of physical, educational and other activities as a means of:

a) Advancing in life and helping young people by developing their skills and capabilities to enable them to participate in society as independent, mature and responsible individuals;

b) Advancing education, specifically music education and literacy;

c) Relieving unemployment, through advancement of training, creation of internship and volunteering opportunities that facilitate attainment of new skills for all young people and young adults;

d) Providing recreational and leisure time activity using songwriting and creative musical expression in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons

STATUS

The company is limited by guarantee and as such does not have any share capital. The company is also a registered charity. The charity number is 1146228.

ACCOUNTS

The trustees and directors have pleasure in submitting their report, together with the unaudited financial statements for the period ended 30 July 2025.

8

TRUSTEES' AND DIRECTORS' RESPONSIBILITIES

The trustees and directors are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:

The trustees and directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust and to enable them to ensure that the financial statements comply with the Charities Act 1992. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the trustees and directors.

Signed:

Mr Mark Buckley

9

ACHIEVEMENT AND PERFORMANCE

Popular workshops again this year have been our one day Bully Beat in school workshops our School Anthem workshops and Leavers Songs . Completed songs can be performed by the whole school and give the children a sense of pride and ownership. We have delivered 63 workshops in Kent, Essex, Southend and as part of Kent Music’s Annual Conference. We also ran workshops at Kings Hill and Maddingford Summer schools and Holiday Clubs in Medway. Our work with Nexus School in Tonbridge has also been ongoing building on our excellent relationship there.

Month Stem Hub Mentoring
Sessions (One to One)		 Number of School
workshops		 Young people taking
part
August 8 16 408
3 2
September 53
October 19 2 69
13 4
November 113
December 7 2 57
15 0
Jan 15
Feb 13 0 13
23 8
March 223
April 12 0 12
14 7
May 189
June 15 14 365
10 8
July 210
Totals 152 63 1727

In addition to this we have completed an additional 152 one to one mentoring workshops either face to face or online. Pupils have reported an increased confidence and marked improvement in their skills of singing and songwriting. One student said ‘ Thank you Nathan. I feel like saying it a million times, but that still ain’t enough. You are so much more than just a teacher. You are a mentor and a friend.’

Our focus school this year has been the Ifield School In Gravesend where we completed some fantastic work supporting not just the young people but staff also. We ran workshops with all the staff and children and shot a video that included the whole school community. This was a huge amount of work but the response was outstanding. Head of School Maddie Arnold-Jones said ‘ “Thank you very much for creating such a brilliant video! You have captured something truly special. It is a wonderful reflection of our school community, and I am incredibly grateful.

10

It was a genuine pleasure working alongside you. Your presence was felt in the most positive way, and the care you have taken in editing this video is evident in every frame. Thank you for making everyone feel so comfortable and for bringing such joy and professionalism to the process.

I am excited to share the video with all staff this coming Monday. Thank you again for your time, energy and passion.”

The total number of children we’ve worked face to face with this year is 1727.

We applied for a number of grants this year and were successful in getting support from CAF Bank and we are grateful to The Mad Chat Community for their fundraising efforts and support of the Kent Community Foundation. The trustees would like to offer their collective thanks to Nathan for his hard work and ongoing commitment to seeing projects through to their conclusion. He donated considerable amounts of time to the charity’s projects and operational work.

Thanks to:

CAF Bank Kent Music Hub The Nexus Foundation School Ifield School Community Amy Vinnicombe Tim Cawte Ian Fitzgibbon Fay Morgan Hine (The Estate of Rupert Hine) Focal Business Group Limited Clear Financial Advice Limited - MD, Barry Greening, DipPFS Korg UK Mr. Jon Rye Bubble & Scruff CIC Cadsoft Solutions Limited Mr. Nicholas Johnson Mrs. Helen Hannam Users of The Giving Machine Players of the Giving Lottery Estelle Timothy Howard Jones

Signed for and on behalf of the Songwriting Charity

Trustee

11

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF NATHAN TIMOTHY FOUNDATION LTD

I report on the accounts for the year ended 30 July 2025 set out on pages fourteen to twenty-five.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of the independent examiners report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

12

I 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.

Michael Osborne Focal Business Group Limited 4a Church Street, Market Harborough, Leicestershire, LE16 7AA

13

NATHAN TIMOTHY FOUNDATION LTD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR 30 July 2025

INCOMING RESOURCES
Incoming resources from generated funds
Voluntary Income
Activities for generating funds
Investment Income
Total incoming resources
RESOURCES EXPENDED
Costs of generating funds
Direct Charitable Expenditure
Governance Costs
Other resources expended
Total resources expended
NET INCOMING / (OUTGOING)
RESOURCES BEFORE TRANSFERS
Gross transfers between funds
Net incoming / (outgoing) resources
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Funds
Notes
£
2
27,112
3
8,650
4
92
35,855
5
37,836
0
0
37,836
(1,981)
11
0
(1,981)
6,324
4,343		 Unrestricted
Funds
Notes
£
2
27,112
3
8,650
4
92
35,855
5
37,836
0
0
37,836
(1,981)
11
0
(1,981)
6,324
4,343		 Restricted
Funds

£

0
0

0

0
0		 Restricted
Funds

£

0
0

0

0
0		 2025
Total
Funds
£
27,112
8,650
92
35,855
37,836
0
0
37,836
(1,981)
0
(1,981)
6,324
4,343		 2024
Total
Funds
£
22,352
12,750
34
35,136
34,354
0
0
37,836
(1,981)
0		 0

0

0		 34,354
782
0
(1,981)
6,324		 0

0		 782
5,542
4,343 0 6,324

14

NATHAN TIMOTHY FOUNDATION LTD

BALANCE SHEET FOR THE YEAR 30 July 2025

Notes
FIXED ASSETS
Tangible Assets
8
CURRENT ASSETS
Debtors
9
Cash at bank
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
Funds
£
1,035
525
2,783
3,308
0
3,308
4,343
4,343		 Restricted
Funds
£
0
0
0
0
0
0
0
0		 Restricted
Funds
£
0
0
0
0
0
0
0
0		 Restricted
Funds
£
0
0
0
0
0
0
0
0		 2025
Total
Funds
£
1,035
525
2,783
3,308
0
3,308
4,343
4,343
4,343
0
4,343		 2024
Total
Funds
£
0
525
5,800
£
0
0
0
0
0
0
0
0
6,325
0
6,325
6,325
6,325
6,325
0
6,325

15

NATHAN TIMOTHY FOUNDATION LTD

BALANCE SHEET - CONTINUED FOR THE YEAR ENDED 30 July 2025

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 July 2025.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 30 July 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the special provisions of Part J5 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on 27[th ] March 2025 and were signed on its behalf by:

Mr Mark Buckley - Trustee

16

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 July 2025

1. ACCOUTING POLICIES

Accounting Convention

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts, and with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Charities Act 2011.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Where income is received with obligations that must be fulfilled but are out of the control of the Charity, the income is deferred.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery – 33% cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

17

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 July 2025

1. ACCOUNTING POLICIES

Fund accounting

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.

Donated services and facilities

Where services are provided to the charity as a donation that would normally be purchased from our suppliers, this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

18

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 30 July 2025

2. VOLUNTARY INCOME

Gifts
Donations
Donated Services and facilities		 2025
2024
£
£
0
0
8,644
3,884
18,468
18,468
27,112
22,352

Donated services

Included within donated services and facilities are the following;

Music production and workshop facilitation
Accountancy services
Hire of equipment
Subcontractors
Promotional expenses
Software licences and server hire
3. ACTIVITIES FOR GENERATING FUNDS
Project Income
4. INVESTMENT INCOME
Deposit account interest		 7,600
600
5,268
5,000
0
0
18,468
2025
£
17,294
17,294
2025
£
92
92		 7,600
600
5,268
5,000
0
0
18,468
2024
£
16,634
16,634
2024
£
34
34

19

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 30 July 2025

5. DIRECT CHARITABLE EXPENDITURE

Sundry Project Expenses
Hire Of Equipment
Travel and Accomodation
Subcontractors
Depreciation
Support Costs		 2025
2024
£
£
0
0
5,268
5,268
0
0
31,160
28,045
292
0
1,116
1,041
37,836
34,354

6. NET INCOMING/(OUTGOING) RESOURCES

Net resources are stated after charging/(crediting):

Depreciation - owned assets 2025
2024
£
£
292
0
292
0

7. TRUSTEES’ RENUMERATION AND BENEFITS

Trustees’ expenses

There were no trustees' expenses paid for the year ended 30 July 2025 nor for the year ended 30 July2024.

20

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 30 July 2025 NATHAN TIMOTHY FOUNDATION LTD

8. TANGIBLE FIXED ASSETS

8. TANGIBLE FIXED ASSETS
COST
At 1 August 2024
Additions
At 31 July 2025
DEPRECIATION
At 1 August 2024
Charge for year
At 31 July 2024
NET BOOK VALUE
At 1 August 2024
At 31 July 2025
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Trade debtors
525
525
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Trade creditors
0
0		 Plant and
machinery
£
7,842
1,327
9,169
7,842
292
8,134
0
1,035
2024
£
525
525
2024
£
0
0

21

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 30 July 2025

11. MOVEMENT IN FUNDS

Unrestricted funds
General
Restricted Funds
TOTAL FUNDS
Net movement in funds, included in the above ar		 At 1/8/24
£
6,324
0
0
0
0
6,324
s follows :		 Net
Movement in
Funds
£
(1,981)
0
0
0		 Net
Movement in
Funds
£
(1,981)
0
0
0		 Transfer
between
funds
£
0
0
0
0		 Transfer
between
funds
£
0
0
0
0		 At 31/7/25
£
4,343
0
0
0
0 0 0
(1,981) 0 4,343
e a
Unrestricted funds
General
Restricted funds
TOTAL FUNDS
Transfers between funds
Transfers between funds represents the following;
Overspend on restricted projects
Net transfer's to restricted from general funds		 Incoming
resources
£
35,855
0
0
0
0		 Resources
Expended
£
(37,836)
0
0
0
0		 Movement
in funds
£
(1,981)
0
0
0
0		 Movement
in funds
£
(1,981)
0
0
0
0
0 0 0
35,855 (37,836) (1,981)
£
0
0

22

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 30 July 2025

12. ULTIMATE CONTROLLING PARTY

The Charity is under the joint control of the trustees.

13. TAXATION

The company is treated as a charity within the meaning of the Income tax and Corporation Taxes Act 1988 and has been afforded exemptions from taxation under section 505 of that act.

14. COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have a share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

23

NATHAN TIMOTHY FOUNDATION LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR 30 July 2025

INCOMING RESOURCES
Voluntary Income
Gifts
Donations
Donated services and facilities
Activities for generating funds
Project Income
Sales of Product Income
Investment Income
Deposit account interest
Total Incoming Resources		 2025
2024
£
£
0
0
8,644
3,884
18,468
18,468
27,112
22,352
8,650
12,750
0
0
92
34
35,855
35,136

24

RESOURCES EXPENDED
Direct Charitable Expenditure
Sundry project expenses
Hire of equipment
Travel & accomodation
Subcontractors
Depreciation of tangible fixed assets
Governance Costs
Accountancy
Management & Administration Of The Charity
Rent, Rates & Water
Light & Heat
Telephone
Sundries
Subcontractors
Computer and internet expenses
Finance
Bank Charges
Other
Promotional Expenses
Dues and subscriptions
Printing & reproduction
Total Resources Expended
Net Income		 2025
2024
£
£
0
0
5,268
5,268
0
0
31,160
28,045
292
0
36,720
33,313
600
600
0
0
0
0
0
0
52
97
0
0
230
202
282
299
55
60
0
0
0
0
179
82
179
82
37,836
34,354
(1,981)
782

25

Issuer

Focal Business Group Ltd

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Audit history log

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