2025-03-31-accounts - Sounduk Arts

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SoundUK Arts

FINANCIAL STATEMENTS 31 MARCH 2025

Company Registration Number 07300739 Charity Number 1157305

SoundUK Arts

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

CONTENTS	PAGES
Report of the Trustees	1 - 5
Reference & Administrative Information	6
Independent Examiner’s report to the Trustees	7
Statement of Financial Activities	8
Balance sheet	9
Notes to the financial statements	10 - 19

SoundUK Arts

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Structure, Governance and Management

SoundUK Arts is a company limited by guarantee and a registered charity. We are governed by our Memorandum and Articles of Association.

Trustees are recruited through nomination by an existing or managing director with another trustee required to second any nomination.

SoundUK Arts is a small, contemporary music producer that creates live public events and digital work, and supports artists through R&D. In 2024-25 it had two permanent, part-time managing directors who are responsible for the day to day running of the charity, producing its projects and fundraising for the cost of those projects. One of its Managing Directors, Maija Handover, resigned in September 2024 to pursue an MA. She continued to manage two projects as a freelancer.

In addition to the Managing Directors, it employs two permanent part-time staff, an Assistant Producer / Marketing Manager and a Communications Director. It uses a pool of highly-experienced freelancers who are brought in as and when needed to complement the permanent staff’s skills.

Assistant Producer Chloe Arnett started 12 months maternity leave in March 2024 and returned in March 2025.

Communications Director Jamie Harber went on paternity leave for 8 weeks in July and August 2024.

In September 2024, two trustees joined the board, Chisara Agor and Sara Locke, and Lucy Wood retired.

The charity has a risk register which is reviewed every six months.

Objectives and Activities

To promote, improve, develop and maintain the advancement of the education of the public in new music by:

a) The promotion of high- quality public concerts, festivals and sound installations throughout England and further afield if necessary and other event /project/assignments conducive to the attainment of the objects.

b) Co-operating with like-minded organisations at the Trustees discretion so long as conducive to the attainment of the objects.

Activities 2024-25

Public Benefit: SoundUK presented a varied programme of activities including venue tours, a workshops project for libraries and two in-depth community engagement projects. We continued Sound Generator R&D, a development scheme for diverse emerging artists selected through a UKwide open call. As part of this we also delivered second stage development for previous Sound Generator R&D artists.

This was SoundUK’s second year outside of Arts Council England’s National Portfolio.

SoundUK Arts

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Alongside unfunded tours through agency, we managed projects on behalf of artists, who received Project Grants from Arts Council England, delivering workshops and tours across England.

We received a grant through National Landscapes, DEFRA and Arts Council England to produce an extensive, nine-month project involving community.

Events were both ticketed and free. Grants were used to support community engagement work, offer free public art experiences, and subsidise project expenses in order to reduce ticket pricing thereby increasing accessibility.

Achievements and Highlights

In 2024-25 SoundUK continued testing the new financial model i.e. no core funding and an increase in consultancy, agency work and obtaining contracts through open calls.

Through winning two open call applications, as well as a substantial Arts Council Project Grant for Sound Generator, we maintained a high level of activity working in a wide range of settings. Activity took place from North Wales to Weston-super-Mare, Leeds to London.

The work we produced during the year reached an estimated 11,727 people;

9246 live audiences
2068 via streamed recordings
Supported 6 emerging artists to develop an innovative idea through Sound Generator.
• 19 workshops reaching 407 participants

Across its programme SoundUK is passionate about presenting exciting new work that can be experienced by, and inspire, as many people as possible.

Key activities

Bird Bath: nature connectedness project with Sussex University
National Landscapes Mendip: Nature Calling commission
Secured funding for Dream Setting, developing the work of a 2023 Sound Generator artist
Successful fourth year of artist development programme Sound Generator
Increased engagement for the artists we represent on our roster
Built up consultancy work by programming for Turner Sims concert hall and providing press services for Brighton Philharmonic Orchestra.

Projects 2024-25

Bird Bath (May 2024)

A collaboration with Dr Alice Eldridge of Sussex University exploring nature connectedness, Bird Bath was a free sound installation in St Peter’s church in Brighton. Across the one-hour soundscape, people could experience bird song from the local biosphere, spanning dawn to dusk. A dawn chorus breakfast, and evening chorus meditation and concert bookended the free installation.

SoundUK Arts

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

JUMP (June – November 2024)

A celebration of nature and a call to arms, in JUMP field recordings of insects and amphibians become part of an exciting musical score, taking audiences on a musical journey through their world. Conceived, composed and performed by composer-clarinettist Karen Wimhurst, we commissioned video artist Sonia Killman to create videos for each movement, taking the patterns and colours of each insect to create captivating abstract film. In each of the 8 tour locations, we ran two insect and singing workshops with primary school aged children, working with a local entomologist to take the children out on a bug hunt.

Hack-Poets Guild – festival performances (July 2024)

A project originally created by SoundUK in 2016 as Broadside Ballads, Hack-Poets subsequently recorded an album for renowned label One Little Independent which achieved very positive media coverage. The group continue to be in demand and in summer 2024 they performed at Cambridge Folk Festival and WOMAD festivals. They are now working on a second album for One Little Independent.

Sound Generator – artist development scheme (Sept – March 2025)

This was the fourth cohort of Sound Generator R&D artists. Six early career artists researched and developed pioneering ideas from an AV project exploring the communication of fishes, to music, word and film of brown people of the Hebrides, a community workshop creating aeolian instruments, and a new choir piece featuring a Ukrainian Choir.

Dream Setting – R&D

National Landscapes Mendip: Nature Calling (October 24 – Jul 25)

Sound artist Jason Singh worked with songwriter/ poet Gwyneth Herbert and nature TV producer Chris Howard to explore the landscape, nature and people of Mendip and Weston-super-Mare. We ran workshops with a range of groups of young people: Open Door (a SEN drama group), home education groups, and a local primary school.

Through exploring their responses to their neighbourhoods, and to nature out in Mendip, Gwyneth Herbert created a poetry cycle. Jason Singh gathered recordings of tree bio-data, field recordings and the voices of people living in Mendip.

The project culminated in a week-long sound installation in a shop in Weston-super-Mare in July 2025.

Beach of Dreams, Colwyn Bay (October 24 – May 2025)

SoundUK helped produce a project led by Jason Singh working in Colwyn Bay, North Wales. This involved working with local recording studio TAPE (led by young people), recordings across the bay including woodland, oysters, bird song and bio-data of trees. The project culminated in a promenade along the beach accompanied by the soundtrack created by these recordings.

Nils Okland and Sigbjorn Apeland tour

Norwegian Hardanger fiddler and organist Sigbjorn Apeland ran workshops and performed concerts in three locations: Bristol, Southampton and London.

Arve Henriksen & Harmen Franje (November 2024)

Three date tour from Norwegian Trumpeter Arve Henriksen and pianist Harmen Franje.

SoundUK Arts

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Tord Gustavsen Trio tour (November 2024)

Three date tour by this leading Norwegian piano trio with performances in Bristol, Southampton and London.

Financial Review

From 2012-2023 SoundUK Arts was principally funded by Arts Council England as part of the National Portfolio, amounting to approximately 40% of income. Our core funding agreement from Arts Council ended in March 2023. Following that we succeeded in obtaining a Transition Grant which supported work through 2023-24.

The year 2024-25 was a test year of working without any core funding from Arts Council or Ellerman, or Arts Council Transition funding. Income in the year stood at £244,777 (2024: £199,191), increasing by 23% over the prior year, driven largely by increased performance fees. However, expenditure also increased, totalling £250,086, an increase of £13.7% over the prior year (2024: £219,952). This led to an overall deficit of £5,309 for the year (2024: deficit of £20,761).

Closure and Planned Redundancies

Since losing Arts Council National Portfolio Organisation support in March 2023, and the John Ellerman Foundation grant ending in March 2024, SoundUK Arts has needed to rely more on project grants, agency and client work to support core costs.

Despite building up agency and client work, in 2025 the impact of losing both sources of core funding became apparent. Arts Council Project Grants (and independent trusts) are increasingly difficult and, whilst historically we have had a very high success rate, the current climate has meant we have had to make repeated applications to get grants. These declining success rates are apparent across the country. The time required, and delays, to successful funding makes this unsustainable as such work is unpaid through any other means. In addition, the loss of one of the Directors, meant that the Polly Eldridge was the sole staff member able to secure contracts whilst also being the main fundraiser.

Due to this climate, in July 2025 the Trustees took the decision that the Charity could not support permanent members of staff. A redundancy process was undertaken and at a board meeting on 20 August 2025, the decision was made to make the permanent staff redundant at the end of November when all committed activity was due to have taken place.

Protected conversations took place with staff members on 4 August and notice of Redundancy issued on 31 August. Staff were made redundant on 30 November 2025.

The company will deregister as a charity & company by 31 March 2026.

In 2025-26, once redundancy and winding up costs have been covered, the trustees will be redistributing remaining reserves to music charities that share the values and objectives of SoundUK Arts.

Free Reserves as at 31 March 2025 were £61,660.

SoundUK Arts

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Statement of trustees’ responsibilities

The trustees (who are also directors of SoundUK Arts for the purposes of company law) are responsible for preparing the Trustees’ Report (incorporating the strategic report and directors’ report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company [and the group] and of the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

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

In so far as the trustees are aware:

there is no relevant audit information of which the charitable company’s auditors are unaware; and
the trustees have taken all steps that they ought to make themselves aware of that information.

19 December 2025

Approved by the Trustees on: ____

and signed on their behalf by: ______Julia Payne (Chair of Trustees)

SoundUK Arts

REFERENCE AND ADMINISTRATIVE INFORMATION

YEAR ENDED 31 MARCH 2025

Status

SoundUK Arts is a registered charity (number 1157305) and a company limited by guarantee (number 07300739) and is governed by its Memorandum and Articles of Association.

Registered Office

22 Stanley Avenue Bristol BS7 9AH

Trustees

The Trustees (who are directors for the purpose of company law) who served during the year and since the year-end were as follows:

Julia Payne Chair Clare Jack Sarah Jones Nadav Mordechai Chisara Agor Appointed 11 September 2024 Sara Lock Appointed 11 September 2024 Lucy Wood Resigned 11 September 2024

Other Key Management Personnel

Polly Eldridge Maija Handover Resigned October 2024

Other Key Management Personnel

Polly Eldridge

Maija Handover – standing down as co-ordinator as of October 2024

Independent Examiner

Joshua Kingston BSc. FCA Burton Sweet Limited, Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

SoundUK Arts

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

YEAR ENDED 31 MARCH 2025

Independent examiner’s report to the trustees of SoundUK Arts

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

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

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

Independent examiner’s statement

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

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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.

osha

Joshua Kingston BSc. FCA Burton Sweet Limited, Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

19 December 2025 Date: ………………………

Sound UK Arts

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) YEAR ENDED 31 MARCH 2025

Note Income from: Donations and legacies 2 Charitable activities 3 Interest receivable Total income Expenditure on: Charitable activities 4 Total expenditure Net income/(expenditure) 7 Transfers between funds 14 Net movement in funds Total funds brought forward 14 Total funds carried forward 14	Unrestricted Funds £ 67,654 161,829 294 229,777 235,086 235,086 (5,309) - (5,309) 66,969 61,660	Restricted Funds £ 15,000 - - 15,000 15,000 15,000 - - - - -	Total Funds 2025 £ 82,654 161,829 294 244,777 250,086 250,086 (5,309) - (5,309) 66,969 61,660	Total Funds 2024 £ 111,525 87,389 277 199,191 219,952 219,952 (20,761) - (20,761) 87,730 66,969

The charity has no recognised gains or losses other than the results for the period as set out above.

All of the activities of the charity are classed as continuing.

Prior year fund comparatives are shown in note 10.

The notes on pages 10 to 19 form part of these financial statements

AS AT 31 MARCH 2025

Company number: 07300739

Sound UK Arts

BALANCE SHEET

Note Fixed assets Tangible fixed assets 11 Current assets Debtors 12 Cash at bank and in hand	2025 2024 £ £ - 155 27,801 25,698 53,151 55,951
Current assets Creditors: Amounts falling due within one year 13	80,952 81,649 (19,292) (14,835)
Net current assets	61,660 66,814
Net assets	61,660 66,969
Funds Restricted funds 15 Unrestricted Funds Designated funds 15 General funds 15	- - - 10,744 61,660 56,225
	61,660 66,969

For the year ended 31 March 2025, the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the period in question in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

19 December 2025

These financial statements were approved by the Trustees on ……............................ and are signed on their behalf by:

……………………………………..

Julia Payne (Chair of Trustees)

The notes on pages 10 to 19 form part of these financial statements

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

1 Accounting policies

a) The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy note) and in accordance 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 (FRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Companies Act 2006.

The Charity is a public benefit entity as defined under FRS102.

The accounts have been prepared on a basis other than going concern due to the trustees decision post year end that the charity will cease operations and close by the end of the next financial year. Fixed assets have been fully depreciated in the year and there are not considered to be any balances held that would require the calculation of their expected net realisable value, or balances held would be immaterial to do so. Please see the trustees' annual report for further information.

b) Income from donations is included as income when these are receivable, except as follows:

i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods.

ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-condition have been met.

c) Fees receivable and charges for services are accounted for in the period in which the service is provided.
d) Grants, including grants for fixed assets, are recognised within the accounts as they become receivable. Grants received in the accounting period in respect of future accounting periods are deferred until those periods. All material grants are disclosed in accordance with the Statement of Recommended Practice.
e) All expenditure is directly attributable to charitable activities and has been included in that cost category. Support costs have been included entirely under the heading Charitable Activities.
f) Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include costs linked to the strategic management of the charity.
g) Any fixed assets purchased are capitalised at cost. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Equipment - 3 years straight line
h) Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due.
i) 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.

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1 Accounting policies (continued)

j) Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.
k) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the - Free funds represent the free reserves of the charity
Designated funds represent funds set aside by the trustees.
l) 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. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2 Donations and legacies

Grants receivable Prior year comparative Grants receivable	Unrestricted Funds £ 67,654 67,654 Unrestricted Funds £ 42,748 42,748	Restricted Funds £ 15,000 15,000 Restricted Funds £ 68,777 68,777	Total Funds 2025 £ 82,654 82,654 Total Funds 2024 £ 111,525 111,525

3 Income from charitable activities

Performance fees Project management fees Merchandise Repayment of costs linked to projects Press services	Unrestricted Funds £ 94,546 39,992 2,866 24,425 - 161,829	Restricted Funds £ - - - - - -	Total Funds 2025 £ 94,546 39,992 2,866 24,425 - 161,829	Total Funds 2024 £ 37,831 24,527 1,565 20,539 2,927 87,389

Income from charitable activities in the prior year was unrestricted.

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

4 Expenditure on charitable activities

Wages and salaries Artists fees Outreach costs Freelance payments Equipment hire Telephone Post and stationery Advertising & Marketing Design and printing Insurance Computer repairs & maintenance Licences and subscriptions Travel and subsistence Sundry expenses Depreciation Entertainment Legal and professional expenses Website development Bank charges Accountancy costs Training Governance costs (note 5)	Unrestricted Funds £ 57,643 97,150 22,204 11,408 15,767 1,413 300 4,336 2,178 3,192 1,617 304 5,480 1,693 155 374 3,825 665 355 2,073 360 2,594 235,086	Restricted Funds £ - 14,952 - - 48 - - - - - - - - - - - - - - - - - 15,000	Total Funds 2025 £ 57,643 112,102 22,204 11,408 15,815 1,413 300 4,336 2,178 3,192 1,617 304 5,480 1,693 155 374 3,825 665 355 2,073 360 2,594 250,086

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

4 Expenditure on charitable activities ( continued )

Prior year comparatives Wages and salaries Artists fees Outreach costs Freelance payments Rental of office space Equipment hire Telephone Post and stationery Advertising & Marketing Design and printing Insurance Computer repairs & maintenance Licences and subscriptions Travel and subsistence Sundry expenses Depreciation Entertainment Legal and professional expenses Website development Bank charges Accountancy costs Training Governance costs (note 5)	Unrestricted Funds £ 69,760 34,744 1,021 732 75 4,044 1,499 162 2,960 3,837 3,317 1,502 2,103 4,150 2,017 196 30 11,260 1,857 359 1,997 882 2,671 151,175	Restricted Funds £ 18,426 29,430 7,312 - - 12,450 - - - - - - - 1,159 - - - - - - - - - 68,777	Total Funds 2024 £ 88,186 64,174 8,333 732 75 16,494 1,499 162 2,960 3,837 3,317 1,502 2,103 5,309 2,017 196 30 11,260 1,857 359 1,997 882 2,671 219,952

5 Governance costs

Independent examiner's fees Trustees' meeting expenses	Unrestricted Funds £ 2,055 539 2,594	Restricted Funds £ - - -	Total Funds 2025 £ 2,055 539 2,594	Total Funds 2024 £ 2,368 303 2,671

Governance costs in the prior year were unrestricted.

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

6 Staff costs

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|||| |---|---|---| |2025|2024| |The total staff costs were as follows:|£|£| |Wages and salaries|55,673|84,713| |Social security costs|-|852| |Other pension costs|1,970|2,621| |57,643|88,186| |The average number of employees during the year was as follows:|Total|Total| |2025|2024| |Average number (headcount) of employees|4|4|

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No employee received remuneration of more than £60,000 during the year (2024: Nil).

The total aggregate employment benefits received by key management personnel were £42,953 (2024: £57,567).

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|||| |---|---|---| |7|Net income/(expenditure) for the year| |2025|2024| |This is stated after charging:|£|£| |Depreciation|155|196| |Independent examiner's fees| |- for current year|2,055|1,870| |- for other services|-|333| |- over/under accrual|-|165|

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8 Trustees' remuneration and related transactions

There were no donations from Trustees, key management personnel and related parties in either the current year or preceding year.

No Trustees had expenses waived during the year (2024: Nil). No Trustees (2024: Nil) were reimbursed (2024: £Nil) for travel expenses incurred during the year. No trustee received remuneration either in the current, or preceding year.

9 Taxation

The charity is exempt from Corporation Tax on its charitable activities.

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

10 Prior year fund comparatives

Income from: Donations and legacies Charitable activities Interest receivable Total income Expenditure on: Charitable activities Total expenditure Net income/(expenditure) Transfer between funds Net movement in funds Total funds brought forward Total funds carried forward 11 Tangible Fixed Assets Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net Book Value At 31 March 2025 At 31 March 2024	Unrestricted Funds £ 42,748 87,389 277 130,414 151,175 151,175 (20,761) - (20,761) 87,730 66,969	Restricted Funds £ 68,777 - - 68,777 68,777 68,777 - - - - - Equipment £ 4,264 - 4,264 4,109 155 4,264 - 155	Total Funds 2024 £ 111,525 87,389 277 199,191 219,952 219,952 (20,761) - (20,761) 87,730 66,969 Total £ 4,264 - 4,264 4,109 155 4,264 - 155

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

==> picture [414 x 634] intentionally omitted <==

----- Start of picture text -----
12 Debtors
2025 2024
£ £
Trade debtors 21,809 21,988
Prepayments and accrued income 3,455 3,710
Other debtors 2,537 -
27,801 25,698
13 Creditors: Amounts falling due within one year
2025 2024
£ £
Trade creditors 7,997 765
Taxation and social security 7,954 10,730
Accruals and deferred income 2,294 2,108
Other creditors 1,047 1,232
19,292 14,835
14 Movement in funds
At At
1 Apr 31 Mar
2024 Income Expenditure Transfers 2025
£ £ £ £ £
Restricted funds
PRS - Sound Generator - 12,500 (12,500) - -
PRF - Drifters - 500 (500) - -
PRF - Unfunded/Agency - 250 (250) - -
- - -
PRS - Jump 1,000 (1,000)
PRS - Dream Setting - 750 (750) - -
- - -
15,000 (15,000)
Unrestricted funds
Designated funds
- -
Future programmes 10,744 (14,256) 3,512
General funds 56,225 229,777 (220,830) (3,512) 61,660
-
66,969 229,777 (235,086) 61,660
Total funds 66,969 244,777 (250,086) - 61,660
----- End of picture text -----

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

14 Movement in funds (continued)

Prior year comparatives Restricted funds PRS - Sound Generator Arts Council - Sound Generator PRF - Trees Arts Council - Trees PRF - Drifters PRF - Unfunded/Agency Arts Council - Overheads Unrestricted funds Designated funds Future programmes General Funds Total funds	At 1 Apr 2023 £ - - - - - - - - 25,000 62,730 87,730 87,730	Income £ 12,000 11,000 1,250 29,527 1,500 250 13,250 68,777 - 130,414 130,414 199,191	Expenditure £ (12,000) (11,000) (1,250) (29,527) (1,500) (250) (13,250) (68,777) (14,256) (136,919) (151,175) (219,952)	Transfers £ - - - - - - - - - - - -	At 31 Mar 2024 £ - - - - - - - - 10,744 56,225 66,969 66,969

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

14 Movement in funds (continued)

Restricted funds

PRS - Sound Generator

Funds towards artist development programme.

Arts Council - Sound Funds towards artist development programme. Generator PRF - Trees Funds towards creation outdoor sound installation. Arts Council - Trees Funds towards creation outdoor sound installation. PRF - Drifters Funds towards supporting commission for a rural tour of the SW.

PRF - Unfunded/Agency Arts Council - Overheads

Funds to support development of The Paper Cinema. Funds towards core costs and consultancy for business development.

JUMP Dream Setting

Designated funds Future programmes

Schools workshops and live performances involving field recordings of insects and amphibians. A project with live musicians and a dancer using improvisation and storytelling.

This represents unrestricted income carried forward to cover project or overhead costs in subsequent years. These funds were spent on the allocated projects in the year. Funds have also been allocated for charitable activities scheduled to take place in the following year.

Sound UK Arts

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

15 Analysis of net assets between funds

Restricted funds Unrestricted funds Designated funds General funds Prior year comparatives Restricted funds Unrestricted funds Designated funds General funds		Tangible Fixed assets £ - - - - Tangible Fixed assets £ - - 155 155	Other Net assets £ - - 61,660 61,660 Other Net assets £ - 10,744 56,070 66,814	Total 2025 £ - - 61,660 61,660 Total 2024 £ - 10,744 56,225 66,969

16 Related party

There were no related party transactions during either the current or preceding year.

17 Company limited by guarantee

The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each.

18 Going concern and post balance sheet events

The trustees have taken the decision to close the charitable company post year end due to loss of funding and the continued operations of the charity becoming unfeasible. As part of this decision, all staff members were made redundant in November 2025. All remaining funds will be distributed to other charities that share the same charitable purpose and values as SoundUK Arts. Please see the trustees' annual report for further information.

Audit Trail

Document Details	Document Details
Title	SoundUK YE 2025 final accounts.pdf
File Name	SoundUK YE 2025 final accounts.pdf
Document ID	0f751b42aee44c03bc64a54954c93722
Fingerprint	810e9a028bc78e93211d133e98fee7fb
Status	Completed Ld
Document History
Document Created Document Created by Burton Sweet (accounts@burton-sweet.co.uk) Fingerprint: 3def79ad5ffe81d0fd3127b954531077		Dec 23 2025 10:44AM UTC
Document Sent	Document Sent to Julia Payne (julia@thehubuk.com)	Dec 23 2025 10:44AM UTC
Document Sent	Document Sent to Joshua Kingston (josh.kingston@burton-sweet.co.uk)	Dec 23 2025 10:44AM UTC
Document Viewed Document Viewed by Julia Payne (julia@thehubuk.com) IP: 18.168.47.123		Dec 23 2025 10:50AM UTC
	Document Signed by Julia Payne (julia@thehubuk.com)
	IP: 18.168.47.123
Document Signed		Dec 23 2025 10:51AM UTC
Document Viewed Document Viewed by Joshua Kingston (josh.kingston@burton-sweet.co.uk) IP: 185.249.213.98		Dec 23 2025 11:21AM UTC
	Document Signed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)
	IP: 185.249.213.98
Document Signed qos Kingston		Dec 23 2025 11:21AM UTC
Document	This document has been completed.	Dec 23 2025
Completed	Fingerprint: 810e9a028bc78e93211d133e98fee7fb	11:21AM UTC