Company registration number: 08924895
Charity registration number.. 1157683
Nottingham Youth Orchestra Limited
(A company limited by guarantee)
Annual Rcport and Financial Statem¢nts
for the Year Ended 31 August 2024
RWB CA Limited
Northgat¢ House
North Gate
New Ba5foTd
Nottingham
NG7 7BQ

Nottingham Youth Orchestra Limited
Contents
Reference and Administrdtive Details
Trustees, Report
2to4
Statement of Trustees, Re5POnStbilities
Independent Examiner's Report
StstemeTht of Financial Activities
7t08
Balance Sheet
Notes to the Financial Ststements
IOto22

Nottingham Youth Orchestra Limited
Reference and AdmiDlStrative Details
Charity Registr4tion Number
1157683
Company RegistratlOD Number
08924895
The Charity is incorporated in England and Wales.
Northgate House
North Gate
New Basford
Nottingham
NG7 7BQ
RWB CA Limited
Northgate House
North Gate
New Basford
Nottingham
NG7 7BQ
Registered Office
IDdepeDdeDt ExamiDÈr
Page I

Nottingham Youth Orchestra Limited
Trustee51 Report
The I￿ste¢S, who are directors for the purposes of company law, present the annual report together with the
financial statements of the charitable wmpany foT the year ended 31 August 2024.
Objectives and activities
Objeets oimf
The Company is a registered charity, governed by its Articles of Association.
The objects of the charity are the advancement of education and of the arts and in particular the art and science of
music in all its aspects by the maintenance and support and development of youth orchestras and other music
ensembles for the young people of Nottinghamshire and its environs and the fostering of public knowledge and
appreciation of music by public perfonnance.
Objeelives, slralegies and adiviil
The orchestra runs four music groups.. there are three orchestras. a training orchestra for members with a standard
above grade 3, an intern)ediate Orchestra for members who have reached a standard aTound grade 5 and above. and a
senior orchestra for players from grade 6 to grade 8+. There is also a jazz group operating under the name of
Nottingham Youth Jazz Orchestra (NYJO).
All groups rehearse towards the presentation of public perforn]ances. The concerts for the three orchestras and
NYJO, perfornied in the Albert Hall, Nottingham, were ail of a high standard and well sUPPQrted by parents and
families.
We have continued to maintain membership at over 200 through an a¢tive recruitment campaign.
In addition to regular weekly rehearsals, the organisation also ruTh5 workshop training days and other offsite
a¢tivities. when groups of instrumentalists from all three orchestras are given coaching by nationally recognised
tutors with a view to enhancing the participants. appreciation and understanding of the skill of orchestral playing. A
rehearsal and team-building day was also held at Wal¢sby Forest Activity Centre.
All musical activities are overseen by an experienced group of music thtors and conduGtors, without whose
enthusiasm and committnent the Company would not be able to do all it doe5, and their contribution is greatly
valued. We have a small budget for professional development which tutors are able to acces5.
Public benefil
The orchestra's objects, whi¢h the trustees believe embra¢e any public benefit requir¢menL are shown above. In
addition. the orchestra has developed a system of bursaries to ensure that musicians. whatever their background or
finanGial means. can join in our athiviti¢s. The bursaries are means-tested. and this year 25 children {from 15
families) have benefitted from the scheme. This is a considerdbl¢ in¢re&8e from the previou5 year (nine children
from seven families). For concerts. tickets are made available at a greatly-reduced pric¢ sp¢¢ifically aimed at
¢hildren attending schools in the more deprived areas of the local community.
The trustees confirn] that they have complied with the requirements of section 4 of the Charities Act 2011 to have
due reg￿d to th¢ publi¢ benefit guidance publish¢d by the Charity Commission for England and Wales.
Page 2

Nottingham Youth Orchestra Limited
Trusteesl Report
The trnstees confirnl that they have complÈed with the requirement5 of section 4 of the Charities Act 201 I to have
due regard lo the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
Total income for the year was £141.477 and total expenditure wa5 £140.493 resulting in an overall operating surplus
of £984 - a break-even budget had been set by the trustees for the financial year. This is a significant improvement
upon the previous year when an operating deficit of £20,138 was incurred. The board of trustees 15 Gonfident that the
organisation remains on a sound financial footing.
Poliry on r￿erV
It is the poli¢y of the trustees to ￿￿uMUlate and maintain unrestri¢ted funds, which are the free reserves of the
charity, to a level which will equate to at l¢a5t four months. expenditure. The overall Net Asset Value of the charity
as at 31st August 2024 was £235.358, all of which are un￿strICted funds.
Trustees and officers
The trustees and officer5 scrving during the year and since the year end were as follows:
Trustees:
Miss E A Bratton
MrTNBooth
Dr M Chadwi¢k
MrFJBL¢Brocq
MrJWALowe
Mr S G Ma50n
Mrs W McDonald
Mr J M Saville
Mrs E M St¢v¢n$
Mr J E Stork
Structure? governanre and management
Reeruilmenf and appointment oflrmslees
The Directors wh05¢ names are shown on page I served from and to the dates shown on that page. Whilst no fomial
training ha5 been undertaken, all trustees appointed have a wide and practical knowledg¢ of the workings of musical
ups and o￿heStraS. Amongst the Directors are those with legal and accountancy b￿kgrOundS and previous
charitable experience. The Company aims to have a wide range of Skills amongst the Directors and representation
from both parents and the musical staff, both gTOUPS being key stakeholders in the organisation.
Page 3

Nottlngham Youth Orchestra Limited
Trustees, Report
Orxanisaiional.ftnthre
Th¥ Q'onipany is ¥¢)v¢rn¢d by a Board consisiin¥ of the Direcwrs Itstcd vn p4e l. The Board has ovcrdll
i¢sponsibiliLy for governaEice of the Compauy, approves the annual budgci ovetsrts the finances, Apptoves
policies, appoints key p¢rsottnel, and develops the strategic direction of th¢ Company.
) UPCFdfiuiib Lummittcc ivmprising th¢ Orthestra Managcr {whv th￿"r5 ihib. rummittcc), Administr41tutS, d tuwr
representhtive and parent and oth¢r volunteus m¢ets regularly to ov¢rs¢¢ the dLy404lay operats.ons of the Company.
The Company 15 assist¢d by an Artistic Advisw. Jome6 Ix)we, wh05¢ ¢xperien¢c and w75c counsel is greatly
apprccialcd.
ThL orche.stra valws very much the time devoted to its athninistration and smooth wnning by volunteers. Thcse arc
prInci￿1[Y p￿ertIs. helping ai concerts and oth¢r fuucLÈotis. In adth'tion ts) th¢ ￿￿51e1¥ all other rnembe￿ of the
commii(ce givc frccly of their tim¢.
Some ycars ago, NYO decided to appoint a paid administrator due lo the very considerablc amount of work
generdted in running an organisation invofving th¢ deltv¢ry of our activiiics to more than 200 childrcn acro55 fouT
uups. P¢iuld Wall ib Dur employed administrator. and 5h¢ dnes a supert) job in hatjdiinbi myriad qLLerics. k¢vpin¥
our r¢cor(ts up to dale, communi¢ating with all involvcd and g¢n¢Ta]ly kccping the AdmJ'nistT81ion iti order. We also
brnefit trum the serviLCS ol. a s¢lf-employed assistarst thinistrdtor, Cath4Tin¢ Lester (who is also 01)e of our
orchebira iuior.s1, ti) 8UPPOrt Paula. Her role focuK4 on reLrnithienr. orchcstrn auditions and orgdnisaiion of ¢vents
such as r¢sidcnti4ls and socials. We owe Paula attd Catharine a hug¢ debt of gratitud¢ for all their hard work on our
bel)*lf.
The Board prolidcs a xtnall annual remuncNion to its Tr￿sUrer, Laur￿￿ Cunnington ACIB.
Rl$k m#n#gement
The trus￿eS hav¢ ¢onsid¢red the major opcrAtion41 risks faced by ¢h¢ ￿lty and believe that they have impos¢d
suffiLicni cuntrols l() rcduL'e thcsc to a Tninimum.
The annual rcport was Jpproved by th¢ ttllSt¢¢s of th¢ Cbarity ollG ..ft&... tsand sagtt￿ oll its behalf by..
MrTrJBLeBrocq
TrusLLC
Pa%c 4

Nottingham Youth Orchestra Limlted
Statement of Trustees, Responslbilltles
The tnjstees (who also the directors of Noiiinghlun Youth 0￿h¢Str￿ Limited for the pu4)os¢& of company law)
arc rc5poiisiblc for preparing the uustees, report and the financial 5ts1ements iti ac¢ord#]Ice with applicable law and
LTnii¢d Kin¥dom Accounting SuDdards Iuniicd Kingdom Gellerally Acc¢pi¢d Aclounting Practicc). illcluding FRS
102 'The Financlal RepiTrrting Sundard applicable in the UK and Republic of trctand..
Company law requires thc trust¢¢s to ptr¢par¢ tinancial staiuDents for ¢ad) financial yw. Under company law th¢
tw.qtecs must noi approve the financial ststemcnL$ Unl￿ ihey aTe satisfied rhat they a tNe and fair N'iew of (hL
late ol. affair4 of the eharilable company and of the incoming resources atKI applicaLion of tesource¥, itlLluding i(s
incomc and ex￿ndItI￿c. of the charitablc company for thai pcrio& In pr¢paring these fiDancidl stAtellients, thc
tr￿gLet5 are required ro:
select suirttble accourttiiig policies and apply ihem consistently.
ub5erve thc mctholts and prinLiples in the Chariti¢% SURP:
idkL judgkYn¢nts and estimates thac arc rcason&bl¢ and pn￿en(
stht¢ whcther dppIiLablc accoulliing stsndards, comprising FRS 102 have bccn followe& subjcct ￿ ￿lY maieriaL
dcpthur¢s disLlvsed dnd cxplain¢d in th¢ financial ststem¢nlS.' and
prepare the financial sthtancnts on the going conccrn bL%is Unle￿ it is illappropriate w pr¢sume that th¢
Chittl￿ble conipany will colliinue busincss.
Thc trusic¢s arc r¢spollsiblc for kccpiug prop¢i accounting ￿(OrdS that can discloK with ￿asOnable 8ccuro¢y af 8ny
rim¢ th¢ financial p¢)bition of the charitable conipany and enabl¢ them to ¢nsure tha( (he fIn￿cial ststcm¢n¢s ioinply
with the Coiiipanies Act ?006. They are also responsible for bafegudr(bng Ihe assets of the charitsble compatty and
hence lor takii)g r¢asonable stLys for thc pr¢v¢ntion and deiccuon of fraud and othcr irre8ulariue&
The trusiecs are r¢spoTLsible for the maint¢Tranc¢ and intcgTity ot-thc eorporatc and financilll infomiatiom in¢luded on
the Lharilahlc comp8ny's we￿.11¢. Lcgtslation governing th¢ preparniion dissunintttion of financial sthtemenLS
may th'ff¢r from le￿51allOn in other jurisdictions.
Approved by the [n￿(c¢S of the Lharity on ........
- and sI￿¢d on it& behalf by..
J B Le Brocq
T￿blee
Pagc 5

Nottingham Youth Orchestra Limited
Independent Examiner's Report to tbe trustees of Nottingham Youth Orchestra Limited
('the Company,)
I report to the Charity trustees on my examination of the accounts of the Company for the year ended 31 August
2024.
Responsibilities and basis of report
As the Charity's trustees of the Company (and also its directors for the purposes of company law) you are
r¢sponsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the
2006 Ath,).
Having sat15fied myself that the accounts of the Company are not required tr) 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 Garying out my examination I have
followed the DiTections given by th¢ Charity Commission under se¢tion 145(5)(b) of th¢ 2011 Act.
Independent examiner's ststement
I have wmpleted my examination. I confirni that no matters have come to my attention in connection with the
examination giving me cause to believe:
accounting re¢ords were not kept in respect of Nottingham Youth Orchestra Limited as required by section
386 of the 2006 A¢t' or
2. the accounts do not accord with those Tecords. or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
requirement that the accounts give a 'true and fair view, which is not a matter ¢onsidered as part of an
independent examination. or
4. the accounts have not b¢¢n prepared in accordanGe with the method5 and principles of the Stakm¢nt of
R¢wmmended 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 Gome across no other matters in connection with the examination to whi¢h attention
should be dra￿ in this report in order to ¢nable a proper understanding of the accounts to be reached.
Neil Coup
FCA DCbA
Northgate House
North Gate
New Basford
Nottingham
NG7 7BQ
Page 6

Nottingham Youth Orchestra Limited
Statement of Financial Activities for the Year Ended 31 August 2024
ncluding Income and Expenditure Account and Statement of Total Recognised Gains and
Losses)
Unrestricted
funds
Total
2024
Note
Ineome and Endoivments from:
Donations and legaGi¢s
Charitsble activities
Investment income
5,881
130,286
5,310
5.881
130,286
5,310
Total income
141,477
141,477
Expenditure on:
Raising funds
Charitable activities
(1.729)
(138.764)
(1,729)
(138.764)
Total expenditure
GainsAosses on inve5tm¢nt &8sets
(140,493)
18.129
(140,493)
18.129
Net income
19.113
19.113
Net movement in fi￿d$
19.113
19.113
Reconci]i8tion of funds
Total fimds brought forward
216,245
216,245
Totsl fill￿$ carried forward
20
235,358
235,358
The notes on pages 10 to 22 forni an integral part of the5¢ financial statements.
Page 7

Nottingham Youth Orchestra Limited
Statement of Financial Activities for the Year Ended 31 August 2024
ncluding Income and Expenditure Account and Statement of Total Recognised Gains and
Losses)
Unrestricted
funds
Restrieted
nds
Totsl
2023
IYot¢
Income And Endowments from:
Donation5 and legaci¢s
Charilable activities
Investment income
1.091
131.116
5.569
1,091
131,116
5.569
Total inwme
137,776
137,776
Expenditure on:
Raising funds
Charitable activities
(1.391)
(153,317)
(1,391)
(156,523)
(3,206)
Total expenditure
Gainsllos5¢5 on investment assets
(154.708)
(4.101)
(3.206)
(157.914)
(4,101)
Net expenditure
Transfers between funds
(21,033)
228,319
(3,206)
(228.319
(24.239)
Net movement in fijnds
207,286
(231,525)
(24,239)
Reconciliation of funds
Total fimds brought forward
8.959
231,525
240,484
Total fimds carried foThYard
20
216.245
216,245
All of the Charity'5 activities derive from continuing operati0Th5 during the above two periods.
The note5 on pages 10 to 22 forni an integral part of these fllw]cial statements.
Page 8

l%ottin%ham Youth Orchestra Llmitcd
(Registration number: 08924895)
Bal&nce Sbeet a5 at 31 August 2024
2024
2013
Ntste
Flxed assets
T4ngiblL ag%cts
Iiivestmcnts
14
15
10,700
197,816
7,210
201.313
208.516
20A.$23
Current usets
I>ebtors
C￿￿ at bank and in hand
16
13,963
25,573
644
8,717
39,536
9.371
Credl¢ors: Amounts falllng due wlihln one year
18
(12.694
(1,649)
Yet Lurrent Ilsfts
26,84?
7.722
Net asset$
235.358
216,245
Funds uf the Chtrlry:
Unrestrlcted IDcome funds
Unrcstricted funds
235.358
216,245
Tot*1 fun411
20
235,358
?16,245
Fi)I" thv linancial y&v ending 31 August 2024 the Charity was cnlided to exemption from audit under ￿tiOn 477 or
the Companies Act 2006 relating to small companies.
Dirtttors, rcsponsibilities=
TIiL nicinbLYS huvc not r¢quircd the Charity to obtsin an audit of its accounts for thc ￿￿T in questiim in
accordance with gection 476; Knd
Th¢ directors iiLknL)wIL*lgL th¢ir r¢spotLsibilili¢s for cumplying with th¢ Trquirvmenis of the Act with r¢spec( ts)
LLounung rccords ond prLPdraiion of acLounts.
Th¢ fin￿￿131 sr4t¢iii¢ntb un pl￿¢5 7 w ?2 wcrc approvrd by the uust¢es, authoris¢d for issuc on ....................
and signed on their belialf by:
MrFJBLCBro￿q
TNstee
The notes on pagc5 10 10 22 fi)nn an integral part of th¢st financial staiements.
Pa8e 9

Nottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
I Charity $t*tu$
The Charity is limited by gu￿antee. inci)rporated in England and Wales, and Consequently does not have share
capital. Each of the trustee5 is liable to contribute an amount not exceeding £10 towards the asset5 of the Charity in
the event of liquidation.
The address of its registered office is..
Northgate House
North Gate
New Basford
Nottingham
NG7 7BQ
2 Aeeounting policies
SummAry of significant #ttounting policies and key Accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These
policies have been consistently applied to all the years presented, unless othenvise stated.
Statement of compliance
The Fmancial statement5 have been prepared in a¢cordance with Accounting and Reporting by Charities: Statement
of Recommended Practice (applicable to charities preparing their acwunts in accoTdanG¢ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities
SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and
the Companies Act 2006.
Basis of preparatiOD
Nottingham Youth Orchestra Limited meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unles5 otherwise stated in the Televant
accounting policy notes.
Going concern
The trustees consider that there are no material uDc¢rtainties about the charity's ability to continue as a going
concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Exemption from preparing a c¥sh flow ststemelll
The Charity opted to early adopt Bulletin I published on 2 Feb￿ary 2016 and have therefore not included a rash
flow 5tatem¢nt in these financial statements.
Income and eDdoiYments
All income is recognised once the Clwity has entitlement to the income, it is probabl¢ that the income will be
received and the amount of the income receivable can be m¢a5ur¢d reliably.
Page 10

Nottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
Donations and legqci
Donations are recognised when the Charity has been notified in WTiting of both the amount and settlemeni date. In
the event that a donation is subject to ¢onditions that require a level of perfomance by the Charity before the
Charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met,
or the fulfilment (Trf those conditions is wholly within the control of the Charity and it is probable that these
condition5 will be fulfilled in the reporting period.
Deferred income
Def¢￿ed income represents amounts received for futur¢ periods and is relea5¢d to incoming resources in the period
for which, it has been received. Such income is only deferred when:
- The donor specifies that the grdnt or donation must only be used in firture accounting periods" or
- The donor has imposed conditions which must be met before the Charity has un¢onditional entitlement.
Expenditure
All expenditure is recognised once there is a legal or ¢onstructive obligation to ihat expenditure, it is probabl¢
settlement is required and the amount can be m¢￿ured reliably. All costs are allocated to the applicable expenditure
heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings
they have been allocated on a basi5 consistent with the use of resources, with central staff costs allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are
allocated b&8ed on the spread of staff costs.
Raisingfunds
These are c05ts incurred in attracting voluntary income, the managem¢nt of investments and th05¢ incurred in
trading activities that raise funds.
Choritoble activities
Charitable expenditure comprises those Costs inCu￿ed by the Charity in th¢ delivery of its activities and services for
its beneficiaries. It includes both ¢osts that can be allocated directly to 5u¢h activities and those cost5 of an indirect
nature necessary to SUPPOrt them.
Governance costs
These include the costs attributable to the Charity's compliance with ci)n5titutional and statutory requirement5,
including audit, strategi¢ management and trustees meetings and reimbursed expenses.
Taxation
The Charity is considered to pa55 the tests set out in Paragraph I Schedul¢ 6 of the Finance Act 2010 and therefore it
meets the definition of a charitable company for UK corporation tax purposes. Ac¢ordingly. the Charity is
potentially exempt from twtion in respect of income or Capital gains received within cat¢gori¢s covered by Chapter
3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the
extent that such income or gains are applied exclusively to ¢haritable purpose5.
Page 11

Nottingbam Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
Tangible fixed assets
tndividual f￿ed assets costing £50 or more are initially recorded at cost, less any subsequent accumulated
depreciation and subsequent accumulated impairnient losses.
Depreciation aDd amort159tion
Depreciation is provided on tangible f￿ed as5et5 so as to write off the cost or valuation. less any estimated residual
value, over their expected useful economic life as follows..
Asset class
Plant aThd machinery
Depreciation method gnd rate
250/0 straight line basi5
Fixed Asset investments
Fixed asset investments. other than programme related investments. are included at market value at the balance Sheet
date. Realised gains and losses on investments are cal¢ulated as the difference between sales proceeds and their
market value at the start of the year. or their subsequent CQ5t, and are charged or Credited to the Statement of
Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are cr¢dited or charged to
the Statement of Financial Activities based on the market value at the year end.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherdnce of the
objective5 of the Charity.
Restricted incoTne funds are those donated for use in a particular area or frir specific purposes, the use of which is
restricted to that area or purpose.
PensioDS gnd other post retirement obligotions
The Charity operates a defined contribution pension schem¢ which is a pension plan under which fixed contributions
are paid into a peTh5ion fund and the Charity has Do l¢gal or constructive obligation to pay further contributions even
if the fund doe5 not hold sufficient asset5 to pay all employees the benefits relating to employee service in the
current and prior periods.
Contributions to defined contribution plans are recogni5ed in the Statement of Financial Activities when they are
due. If contribution payments exceed the contribution due for service, the excess is re¢ogni5ed as a prepayment.
Financial instruments
Fair value measurenwnt
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are
unavailable. the price of a recent transaction for an identical asset provides evidence of fair value ￿ long as there
has not been a significant change in economic circumstances or a significant lapse of time since the transaction took
place. If the market is not active and recent transactions of an identical &sset on their own are not a good estimate of
fair value. the fair value is estimated by using a valuation technique.
Page 12

Iyottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
3 In¢ome from donations And leg4cies
Unrestricted
funds
Generil
Total
2024
Tot41
2023
Donation5 and legacies.
Donations from individuals
5,881
5.881
1,091
5,881
5,881
1,091
4 Income from cbaritsble activities
Unrestrieted
lunds
General
Total
2024
Gift aid tax reclaimed
SubscrÈptions - Members
Concert income
Other income
Orchestra tsx relief
13,132
68.215
11,901
1,448
35,590
13,132
68,215
11,901
1,448
35,590
130,286
130,286
UDre5trirted
fund5
General
Totsl
2023
Gift tiid t&x reclaimed
Subscriptions - M¢mbers
Concert income
Other income
Tours
Orch¢5tra t&x relief
11,460
64,390
13,365
1.974
18,067
21,860
11,460
64.390
13,365
1.974
18.067
21,860
131,116
131,116
Page 13

Nottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
5 Investment ineome
Unrestricted
funds
General
Total
funds
Other investment income
5.310
5.310
Total for 2024
5.310
5,310
TotAI for 2023
5,569
5,569
6 Expenditure ijn raising funds
4) Investment management co$ts
Unrestricted
funds
General
Total
2024
Total
2023
Other investment management costs;
Other portfolio management costs
1.729
1,729
1,391
1,729
1.729
1,391
7 Expenditure on charitable activities
Unrestritted
funds
GeDer41
Total
2024
Conductors. tutors and rehearsals
Tours
Concert costs
Rehearsal room5 hire
Events and workings
OrGhestra administratOT
Wages and pensions
1Th5urance
Printing, postage and 5tstionery
Trade subscriptions
Sundry expenses
67,383
350
9,791
10.240
4,410
4,583
25.943
304
274
331
4,751
67,383
350
9.791
10,240
4.410
4,583
25,943
304
274
331
4.751
Page 14

Nottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
Unrestricted
funds
General
Total
2024
Advertising
Bank charges
Website costs
Depreciation of instruments
714
60
70
2,234
714
60
70
2,234
131.438
131,438
UDre5triettd
funds
General
Restricted
funds
Total
2023
Conductors. tutors and rehearsa15
Tours
60.951
20,693
10,510
10.655
1.886
3.755
24,693
2,596
290
127
220
620
2,039
675
1,187
60
2,757
63,708
20,693
10,510
10,655
1,886
3,755
24,693
3.045
290
127
220
Concert Costs
Rehearsal rooms hire
Events and working5
Orchestrd administrator
Wages and pensions
Bursary payments
Insurance
Equipment repydirs and renewa15
Printing, postage and stationery
Trade subscriptions
Sundry expenses
Advertising
Professional development and training
Bank charges
Website costs
Depie¢iation of instruments
449
620
2.039
675
1,187
60
3,050
2.160
3.050
2,160
146.167
3,206
149.373
Page 15

Iyottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
In addilion to the expenditure analysed above, there are also governan¢¢ Gosts of £7,326 (2023 - £7.150) which
relate directly to charitable activities. See note 8 for further details.
8 knalysis of governance and support costs
Governance costs
Unrestricted
funds
General
Total
2024
Total
2023
Independent examiner fees
Examination of the financial statements
Other fees paid to examiners
Administration fees
768
806
5,752
768
806
5,752
732
959
5,459
7,326
7,326
7.150
9 Net incomiDyloutgoing resources
Net incomingl(outgoing) resources for the year include:
2024
2023
DepT¢ciation of f￿ed assets
2,234
2.160
10 Trustees remuneration and expenses
During the year the Charity made the following knnsactions with trustees:
Mrs W McDonald
Mrs W McDonald received Temuneration of £125 (2023: £1.920) during the year.
Remuneration wa5 for the supply of deputising for rehetsals.
The charity has authority to remunerdte trusfres under the Articles of Association.
No trustees have r¢¢eived any reimbursed ¢xpcn5es or any other benefits from the charity during the year.
Page 16

Nottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
11 Stsff costs
The aggregate payroll costs were as follows..
2024
2023
Staff costs during the year iYer¢:
Wages and salaries
Pension costs
24,985
958
23,814
879
25,943
24,693
The rnonthly average number of persons (including senior rnaThagement / leadership team) employed by the Charity
during the year expressed a5 filll time equivalents was ￿ follows:
2024
2023
Average number of employees
No employee received emoluments of more than £60,000 durlng the year.
12 llldepeDdent ex4rniner's remuneration
2024
2023
Examination of th¢ financial statements
768
732
Other fees to examinen
All other tax advisory services
All other services
756
50
720
239
806
959
13 TaxAtioll
The Charity 15 a registered charity and is th¢refore exempt from taxation.
Page 17

Nottingham Youth Orcbestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
14 Tangible r￿ed x55ets
Furniture And
equipment
Total
Cost
At I September 2023
Additions
21.307
5,724
21,307
5,724
At 31 August 2024
27,031
27,03 I
Depreciation
At I September 2023
Charge for the year
14,097
2.234
14,097
2,234
At 31 August 2024
16.331
16,331
Net book v4lu¢
At 31 August 2024
10,700
10.700
At 31 August 2023
7,210
7,210
15 Fix¢d Asset investments
2024
2023
Other investments
197,816
201.313
Page 18

Nottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
Other investments
Listed
investments
Cash deposits
Total
Cost or V21uation
At I September 2023
ReV￿uatiOll
Additions
Disposa15
196,215
17.121
32,898
(52,413)
5,098
201,313
17.121
53.524
86,422
54,627) (107,040)
At 3 1 August 2024
193,821
3.995
197,816
Net book value
At 31 August 2024
193,821
3.995
197,816
At 31 August 2023
196,215
5,098
201,313
16 Debtor5
2024
2023
Prepayments
Other debtors
13.570
393
214
430
13.963
644
17 Cash and eash equivalents
2024
2023
Cash at bank
25,573
,727
Page 19

Nottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
18 Creditors: amounts fAIIiDg due iyithin one year
2024
2023
Accrua15
Deferred in¢om¢
1,730
10,964
1.649
12.694
1,649
2024
2023
Deferred income at I Septemb¢r 2023
Resources deferred in the period
Amounts released from previous periods
Deferred income P¢t year end
1,300
10,964
1.300
10,964
19 Pension and other Schemes
Defmed CODtribution pension scbeme
The Charity operate5 a defined contTibution pension scheme. The pension cost charge for the year represents
ontributions payable by the Charity to the scheme and amounted to £958 (2023 - £879).
20 Funds
Balance #t I
September
2023
Other
recognised
gAinslOosses)
Blllanee At
31 August
2024
Incoming
resources
Resour¢
expended
UDTestricted funds
General
Income fund
216.245
141,477
140,493)
18.129
235.358
Page 20

Nottingb¥4m YDUtb Orchestra Limited
Notes to the Fin*nci*l St8tements for the Year Ended 31 August 2024
Bglince gt I
September
2022
Other
recognijed
gain¥l{1055rs)
Jntoming
rwourcu
Resour¢es
¢XPEnde41
B*]4n¢¢ #131
August 2023
Tnnsfrn
Unrcyirieted furtdg
IDwme furyl
8,959
137.770
1157.9141
231,525
(4,1011
216.245
Restricted
Bursary Fund
The Needham Fund
Peter Hotril Scholarship
449
228,319
2,757
{449)
(228,319)
2,7571
TDtsI rt#tTitted
231,525
3,206
28.319
Totsl fuDds
240,4
137,776
161.120
4,101
216,245
Pag¢ 21

Iyottingham Youth Orchestra Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
21 Analysis of net Assets between funds
UDrestrieted
funds
Gener¥1
Total funds 4t
31 August
2024
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
10.700
197.816
39,536
(12,694
235,358
10.700
197,816
39.536
12.694)
Totsl net assets
235.358
Unrestricted
funds
General
Totsl funds At
31 August
2023
Tangible fixed assets
Fixed asset invesknents
Current assets
Current liabilitie5
7,210
201,313
9,371
1.649)
7.210
201.313
9.371
(1.649)
Total net &8sets
216.245
216.245
22 Related party transaetions
During the year the Charity made the following related paty transactions:
MrFJBLeBrocq
(Mr F J B Le Brocq is the Chairman of the charity. )
Within the year. £70.59 was paid to Mr F J B Le Brocq for travel expenses for rehersals on 13th June 2024. At the
balance sheet date the amount due to/from Mr F J B Le Brocq was £Nil (2023 - £Nil).
Ms W McDon8ld
(Wendy McDonald is a Trustee to the Charity. )
Within the year. a total of £124.76 was paid to Ms W McDonald for deputising for reher5a15. At the balance sheet
date the amount due tolfrom Ms W MGDonald w&q £Nil (2023 - £Nil).
Dr M Cbadwick
(Dr M ChadwiGk is a Trustee to the Charity. )
Wiihin the year. £186.25 was paid to Dr M Chadwick a reimbursement of hiring parts for March concert. At the
balance sheet date the amount due to/from Dr M Chadwick was £Nil (2023 - £Nil).
Page 22