REGISTERED CIO NUMBER: CE019129 (England and Wales) REGISTERED CHARtrY NUMBER.. 1185720 REPORT OF THE TRUSTEES AND UNAUOITED FINANCIAL STATEMENTS FOR THE YEAR ENDEO 30 JUNE 202S FOR THE BRMSH KODALY ACADEMY CIO LDP Luckm8ns 1110 Elliott Court Coventy 8usiness Pa Herald Avenue Cov8nty Wost Midlands CV5 6UB
THE BRifisH KODALY ACADEMY CIO CONTEp4fs OF THE FINANCIAL STATEIIEP fgrth• y•ar •ndod 30 June 2025 R•port ol th• Trn•tM• 1 to 8 Ind•p•nd•nl Examln•rf• R•porl 8l•l•m•nt of FIn0la1 Actl¥ltl•• 10 B•l•nM 8h••t Not•• to th• FIMncl*l 8tatsm•nt• 12 10 16
THE BRITISH KODALY ACADEMY CIO REPORT OF THE TRUSTEES for th• yfjar ¢nd•d 30 June 2025 The tnjstees present Ihelr rgport with Ihe financlal stslemen15 of th9 charity for Ihe y8ar onded 30 Jun8 2025. The Irust88s have adopted the 510Th$ of Accounllng and Reporting by Charttles.. Statement of Recommended Practlce 8ppllcable to chwitSos proparing thelr account8 In accordance wh the Finandal RepOrtg Standard appllcable in th8 UK and R8publiG of Ireland {FRS 1021 leffectlva 1 January 2019). OBJECTIVES AND ACTIVITIES Objecllvos and alms The British Kodaiy Academy Is a mu81c educatlonal ch8rlty, r8g18ter•d undgr Charity number 1185720 as charilablo Incorporated Organisalion on 9 Oclober 2019. Publlc benefft When anng our actlv6188 for Ihe yoar tho trustees con51d8r tho Chartty Commlsslon's guldance on publlc bengfil. 1. Thg BKA'S alms wllh regard lo the advancemgnl of muslcal educ811on In the UK are lo glve acces9 10 an Inlemalk)nalty hlghly-r8gardgd approach lo muslc eduGaUon. In whlch the skllls and COopts arè laught In slfuclured and progresslve way - thus helping to addrgss the lack of structure and progresslon that has been highllghted as a widespread shortcoming in cuThenl British music education provision. Tha Kodaly 8pproach, whilst invaluable for music teachers In their work arKI conlbnued professional development, offers non-sp8aali818 8n effectiv8 way ol dev8loplng th8ii own under81andlng and thelr c4paclty lo leach other8. Whilst relevant al 811 ages, rt can be of partiujar value for thos8 working wllh vary young and prim8ry age chlldren. Generalist class teachers hav8 Usually had v8ry litt18 input on music 18achlng in their inllial trainlng gnd Are often reliant on books and CDS for loachlng rgsour¢e8. BK4 courses bulld an undgT8tantJlng of the dèvelopment of muslcal sklll8. 2. Th8 BIL4's courses are open to anyone whether W8nn9 lo develop Ihelr mL$8le818kllls and under8landlng for their own bendll or, 88 teachers, Wann9 to Improve thelr 198chlng skS11s. We conllnue to update our range of provl8lon for tralnlng and profes81on81 dev8lopm8nt, and to $0ok OPtnItIa8 to wld8n coverage by taklng course bwklngs through sGhools or musl¢ eduG8tlon groups as well as directly from indivlduals. Our accredlled certfflcate course arrangem8nts, previously organlsed In a yeBr4)ng prograrnme format, were re4aunched In 2020 88 8 Se88 of much shorter, self-slanding modules, maklng participallon opportunllSe8 more flexSble and financlally more manawble for sludgnls. Ellglbillty Indudes people wllh Ilwe or no prevlous Kodaty traSnlng, whilst our Kodaiy C8rtific8te FoundAtson Coursg provldgs for Ihoso no, or very 11tt18 music experience. For live" IrainSng activities, possible. the BKA aims to indude courses held in dKleTent parts of the country to make access ea8ler for people from wldely dlfferenl geo9raphlcal bcatlon8. Meanwhlle accesslbillly has been markedy improved by th8 growth in onllne (ielivery of our tralnlng, inging il wilhln reach of peopjg Unab to attand covr8e8 fac8-tlaCe. The JOrity of cour8e8 are on lo 01 adults. except where Prevlous experience or Study on a provlous course Is requSred for gnty 10 8 hlghor level course. 3. The 8KA18 gddresslng a nged ts muslcal 8nd pod8gogical developm8nl, alongside active music moking - recognislng muslc's key Importance in enriching the curriculum and In Its wlder beneflts lo over811 wellbeir¥J In chlhlhood and later Ilfe - as attested by teachers and othars, and supported by varlous re(wl reports. Whilè BKA courses have to be seif-financlng In most ca88s, profit 1$ not a mollvo. m081 admlnistrats've work being done by volunteers who only roc99 expenses, or 8 smal honorBrlum In some cases. Prollts are 8oughl from oth9r activrtlos. such as sales ol books and other resources. to holp build a reserve lo be usod ror devèlopmenl, tutor training and 8dditlonal hèlp for students. Income from membershlp subscriptions and donations IB used lo meet Gov8mance and other core expenses. Efforts are made lo k88p fees to sludents as low as possible, and conc8s8ion8ry price options are usually provided for the main cours88. helping to rnake them Bccesslble lo those on low Incomes. Hardship funding is available to furthgr ben8fil ihgso in dffficull cSrcumstances. For the BKAS Summer School usually held annualty in August, assislanco Is also 91v8n throu Iho Cecilla Valda Memorial Scholarship, financed by dedicated donations and ft3nd-raising, vAth awards made to Qr morg Students in the fomi of full funding of lultlon fees. Grantm•klng The BKA is not a grant making charity. Pago 1
THE 8RITISH KODALY ACADEMY CIO REPORT OF THE TRUSTEES for the year ended 30 June 2025 ACHIEVEMENTS AND PERFORMANCE 1.Introductlon It Is Ilme for our annual report. on behalf of the Trustses - a tomè to look back on thè year 225, to take Stock of progress. to rellect on th8 8KA's vlslon, and h(w the 8F<A 18 rnspondlng to the musiG gduc8tlon scene In the UK. Our 20225 financial yoar opened wilh the third Summer Sthool since the end of the pandemic- and 18wer onllne classes were offered as the focus shifted to the beneffil$ of "in-p8rson' teachlng and IBarnlng. Zoom r8t8in8d its place for most of ¢)ur administrative moelings. The Trustees believe that, durin9 20225, the BIG4 conlinu8d to fu1 Ils mi89ion lo disseminate Kodaty's principles and pTactlce8 8nd to promote knowledge 8nd under8tsndlng of hls phllosophy to many peopl8. They will report on the v8rfety of ways In whlch the BKA contlnued over the year to make a contrlbutlon lo music education Sn the UK and beyond. to support Ihose delivering MUSK lessons aTrJ lo uphold the mmllmonl to individuBls looking to d8valop their own musical Skills. I BKA 3umm•r school August 2024 Th8 40th Summer School look place 81 the UniversSty of Keele. whera we enloyed lovety m8818 and •xc8118nt accommodation, wlthln comfortatle w91ng dlslance of the te8¢hlng rooms. We welmea Sarah B8ttèn as our Administrator, lo wh¢)m we extended hugo thanks, alorw with our grotitude to our othar hèlpgrg 8nd to a membors of our tutor team. Among lhg3e we gladly w8lcom8d Arpad Toth from Hungary. Dr. Jam08 Cuskelly from Auslr811a, and hjlan Hub8rt-Wright from Franc6. Tho Tru8tse8 were pleased to 8W8rd three Cecllla Valdg Memorfd SchoLar8hlp8 ICVMSI whlch pald Ihg 2024 Summer School tijlllon fees for Ihreg enlhuslastlc people 8elecled by th8 CVMS P8n81, lo wtM we g very gratofvl. Tho ulmosl care and appreGialion go into the considgrats'on of every applicallon and th8 8tandard of appllcallons wa5 Smpr8881vety high. BKA M•mb•r8' Day. March 2026 Our sumulating day al the Lancaster Hall Ho191 in wesl London In March 2025 offered 80m8 fascln8ting 8senlakn'ons.' 8KA memb8rs Carole Wlleman gave w65e advlce from har expori8nce 'K8ep OFSTEO happyl Galhgflng evldence and record keeping.; Angela Fogg led a 5g$sion on Slnging Games ond Alan Murdock18d onè on warm ups for wholè school singing. We were graleful that Rebecca Berkley and Katie Nell8on Igd a rTrJ81 ¥•rthWhIl0 Q&A 88881on, wlth mè V8ry useful discussn. Earflgr in Ihg day ROba h8d1gd a 88n nu¢189hIP work wlthln thg contexl of a chll(Iren'8 chdf. She broughl on8 of h8r'M8slers' sludenis with her.. Kil Showèd Such underslandlng of the needs of th8 thlldr8n, with some very thoughtful ways ol wesenllng tho nCePt to them. We wglcomed guests Myrto Loulakl IRunning your Chlldren's Cholrl arK1 Orta Rodger8 (my Kcdaty joumey - Coloyrstrfngs to musbc teachgrl- It wo3 good to be together with Gonver8atlon arKI song - to reinforce cohe8lDn and Kodaly-Snsplred 8harina amongst membèrs and thèirfri8nds. 4. Sprlng We•kend. Aprll 2025 After the disappoinung numbers for our Sn-person 2024 Spring CoLsrse, it Was decided lo offer a series of online presentatKJns In 2025. co118d 'Sprlng Conn8Ctions'. The five one-hour sessions ware well attended on zoom. and all th8 listeners (80 in total across the wo¢kgndl were enomou81y appreciative. We welcomed Dr Peter Tregear who spoke frorn Au8lralba {Sense and Sensibility.. Making the Case for Westem Muslc Nolallon In Muslc Educalionl, as dld Mlthael Bradshaw {Using muslcianship In thg choral rehaarsall," Tham Pel Won lolnod us from Slngapore Iworklng wlth Autism in the Music Classroom) arKI Boal8 Sziranyi from Hungary (Music ear Irainlng in the Primary Schcd }. Allan Hubert-wrighl provided another brilliant analy515 of a mu5ical- this tirne it was 'A Musical Deep Dive into'wicked, the Mus.. Allan hBd presgllted an anglysls of 'DaaT Evan Hanson. back In Nmmber 2024 - sharing h1$ depth of knoedge of the music as well as movingly CDnveyrng the sadness of Evan Hansen'8 plight. Pag$ 2
THE BRITISH KODALY ACADEMY CIO REPORT OF THE TRUSTEES for th• yur ended 30 Jun• 2025 S. Mu¥lclanshlp clas8eB Muslclanship Is at the heart of iho Kodaty phll¢)sophy and Is always such a focal p8rt of Iho Summer School. As well as provlng helpful for individuals are looking to develop their own musical sk1118, musicianship ' an integral part ol thè requirements of ihe Kodaty Certificate Course. In Ihe Spring lemi of 2025, we offered six-week b1kS of MusSdanshlp clasBO$ onlln8, lo enable students to pracliso and kgep up th9ir nw$icianship Skills. As provlously, these ware shared behyeen the BKA and NYCOS. 6. Brltlsh Kodaty Certmcate Wo aro enormously pleased to have bggn ablg lo support teachers with theii CPD. The courses have enabled many to devdop Kodaiy-bas8d wogramme8 in thalr schoo15 and stimulate chikltsn's musical Joumeys. Durlng the Summer School of August 2024. we off8red three Methodology modules of Ihvj Certfficats Course.. Eaily Y8ars 18vel 2,. Prlmgry ve13 and Secondary lev813, with the aim of wmplel¢on within the Swnmèr School timetabl8. The Foundall)n Course, accTediled1Ske the Cgrtfflcale Cours8 by CPD UK, r8n at the Summer School, and was also accessed by a good number of studonls when il ran onllne dufing the Sprlng Tem 2025. 7. M•mlJ•rn Our grateful th&nks go to Salty Edwards who. os well bging Memb8rshlp Secretory and o Trustee, makes hugdy voluablo contrlbulSon mor9 widely bahind the 8cene8. It wa8 Sally who devised the 8xcellent Members, Day menllon8d eartier In this report and, by welcomlng gue8ts, prompted some attendees to 31gn up for th8 next Summer School. Membershlp numb8rs are not StaC, as people can loln through the webslte at any tlmo of tho year, ond many 8ppreclale the faclllty to Pay quarter rather than annu811y. New m8mb8rs are aayS welcome whether they are pr8cIIIIDner8 or 8lmply want to 8UPPOrt the Kodaiy phS10sophy and the BKA'8 work. As wem as a 8KA Members. Facebook page la c1058d group of some 109 mgmbersl and On open 8rlt18h Kodaiy Aca¢Yemy p898 la publlc "DIscu8slon Group- wblh some 671 memb8r¥). we al80 have a third Facebcok group pag¢18 publk group wlth 106 membersl - created a5 0 phtforfn for advortising ond sellifwa books- lch froes up Ihe'open. page lor discussion. Very grat&ful th8nk8 arè extended lo the BKA membefs who look after all our Ilnes of communlcallon. Indudlng Inslagram. We racognlse th818KA memb8rs. whgrever they lfve, are 811 Creang 8w8reness of the Kodaiy approath In thelr p8rtlcular sphere of work and Bclvlty. You are all much 8pprecl8led, even If not 51ngled out by namo. Your membership reflects the value placed on Ihls opproach and affirms bel¢el In the Kodaiy philosophy. 8. W•bsil• Huge appradallon Is due lo Emma Ede for sharlng her lechTr)logy sklls wllh us and loc4(ing after our website, co-ordlnaUng our 8OC5al media pI8Nonn8 and m85nlaining our corporate image. We have a huge g8n8ral e-molling list. and of cour8e some MAII Chimps ar8 design8d specilkally for our members - all sel by Emma whose work behind the scenes includes her beautilul Summer School photogr8phs and blogs. We are gr8teful that Emm8 Contributes so much for the BKA amidst all the demands of her teaching lob. She has recently been exploring a new system for sending bulk mallings as we were outgrowing the "free. facility provided by Mail Chimp. You will See that your EeWS1etterS now come via Email Octopus. 9. Fundralslng Wa reported last year Ih8t. as the BKA workload was InGreasing. Ihg Truste had bgen octively worklTrJ on way5 to move from an entirely volunte8r organ5sation lo one wherg a pald admlnislralor could be employed. and ht)w Ihls could be sustsined. We sought the help of a professional fundraiser and, after somg dlsappointments. Ihe Trustees are planning a fundraising campaign in late spring 2026, mainly to SUPPOrt schd8rships for the 2026 Summer Schocl. We hope eyerycfflo will feel able lo help In Some way great or smo11. Page 3
THE BRinsH KODALY ACADEMY CIO REPORT OF THE TRUSTEES for th• y••r •nd•d 30 Jun• 2025 10. Katalln Forral Award The 7th Award of tha Inl8rnatlonal Katslln ForrBi AwBrd scheme was presentèd during the IKS Symposium in July 202S, in Hungary. The redplents were Betsy McLaughlSn-Moll, Zsuz88nna Hegedusné Tolh and James Cuskelly lo whom we offer congr8lu18Uon$ on behalf of the BKAI The Award Committee had been chaired wlth enouS ttjmmitrnenl by BKA Honorary Lrfe Membw Mary Place, 8nd il wa8 wilh deep sadness thst w& reported her death In April 2025. from injuries sustainod in a car 8rGKlonl on her way lo a concart In aid of thg Award. 11. Education 8e•n Th8 Brlllsh Kodaiy AcBdamy Is pleased to be Ilnked to the Inlem8llonal Katy Socl8ty and to be Its Afflllaled N8tknnal ItIlUtIonal Member IANIMI for the UK. At hom8, tha BKA remalns a CofP)rale Membar ol both ISM and MEC, and we're graloful th81 the88 ganisallons keep vs Informed on all curr8nl185ue8. They work relesSlY to keep In Ihe govemmenV8 focus the Importance of musk oduGatlon, as do88 also Maklng whlch ntInUeS lo Infomi and support our admlnlstrath)n quarl•s. We contlnued to have a presen¢8 01 the onnual Musl¢ and Orama Educab"on Expo.. m8nnlng a 8t8nd for two doys at tho end of January 2025. rospondlng lo enqulries about our cours8s and Ihe Kodaiy phllosophy. We also had * sland al the Music T88¢hers' Assoclation IMTAI annual conlerence In May. Wa respond6d to many enquirle8, the thSrd limo we had attended th18 event which, In 2025. look place al Trinity Acodomy, Brlstol. lft Aulum 2025, BKA member Lind8ay Ibbot8on provided a strong response lo Ihg Govemment's Educatlon Committee's Call for Évidence on "Earty Ye8r8 Improving SUPPOrt lor chlldr8n and par8nls' which 8pecmcally addr8s88d the Quallty 8nd Outcomes theme.. .19 there more that could b8 don8 to improve quallty and ou¢com•8 for chlldfen Sn 88ty years Sgttings whlch18 mls81ng from the Governwnenl'8 Glvlng Every Chlkl tho Bast Stsrt In Llfo Str8tsgy?' Thls wa8 Supported by Ihe British Kodaiy Academy. The 8K4'8 8ook8tore conllnued to dèspatch book parcels, 88 t88ch8rn and othern 5gar¢hed for publications of qualSty and value, th¢)ugh the demand was noliceabty lower than in pr8vlou8 yoar8. Howgvor, It wo8 6ncryJr8ging lo se8 d818gates at tha Summer School taking the opportunlty lo browse inerSon and make uBe of the chance to pur¢ha¥e without Sncurrlng post81 c08t8. 12. Tru$ts• mattern Th8 Tru8t8es durin9 2024-25 focused on Governance & Strategy, wlth day-to day ftrnnlng delegated lo thg Opgrolions Team, 8nd detailed plannlng work to tho Educallonal P18nnlng Board IEPBI. These •rr8ngernenls confjnue In place. We werg plgasad to welcome Sally Leemlng and Janey M8xwèI lo th• Trustee board al the 2025 AGM. We 8Tr gral¥ful to Peryn Clgmgnt-Evans for hbs asslslance wlth financlal rnatte and. under hls guSdanco, the dlgital bookkaaplng system has develope(I w811. Our Fln8nce Group of Peryn, David Gregnhalgh and John Olivgr ITrgasur9rl monltor all motters finandal aTrJ provide informath)n for the full Trusteè boar(l. Financial stability is crucial, and enormous thw*$ go to John olfvgr for hls careful and thCUgh worK with his overall SPOnSIbl1 as Trgosurer. The Truste88 ' continug lo searGh for Twstees with FundrolslnglFinancl81 experfenc8,' ' continue to assess the success of our Inleractsons wllh our Slakehold8rs and how wo can Improve" ' have reviewed the BKA Polici88'. COnnve to explore fundralslng Fw6slbllllle8 and ways to develop our 8dmlnlstratlon In respon88 to In¢w5ing needs. Margaret Oliver. Choir of Trust888 April 2026 Page 4
THE BRillsH KODALY ACADEMY CIO REpoirf OF THE TRUSTEES for th• yearended 30 June 2025 FINANCIAL REVIEW Flnancial posltlon 2024125 was a difficult yoar financially. The Summer SchoL4 In August - alway8 our largesl-sGab Kodaty tralnlng event In the BKA'S year- eamgd g8norally good feèdback from participants about tho course content and about the venue. Keele University, which had be8n selectsd lor the hlgh standard ol its facilities. The venu8 dwrges over811 however much higher than 8t Rèading the previous year. necessitating some increase in delegat& PriS. th8 ch8Hengè lThJ lo k88P th8t incre8s8 a8 low as possible wh118t setting 18rget numbgrs high enough lor flnanclal breakaeven. In the ovont, despite best efforts, we 8uffere(l a heavy bss on the course. Conlinualion of lossas on that scale woukj cleady be unsusts¢nab. Choico of a new wnue - Harrogate Ladies. College. wrth a dlfferent cost 8tructure - helped us avert 8 repelloon al Summer SchorA in August 2025 (ln flnanclal year 2025-261. Followlng that. work Is now far advanced On Ihe next Summer School in August 2026 - ag81n al a drff8rgnl venue, Haberdashers. Monmoulh scho - in ful awaren8s8 of the need again to dellv8r an equally effoctiv8 and worthwhile cours8 on a financially viatrle basis. Other Irglnlng ond worksttop a¢AfvIty had boen hlghty welghl8d towards online provlslon a8 0 result ol tha pandemlc, but Ihls ha8 been on a w88k8ning trend. A Musical Thoatre evenlng pr8s8nlation was given by Jlan Hubèrt-wrighl In Novèmber. and well attanded. bul (unlike in 20231 none of thè basic online da$sa8 were run in th& Autumn term of 2024. In earty 2025 our publlc offerfng did indude online Foundation trainlng, and alx) onèthour-per-weok 'r8fresh8f' Muslc18n8hlp da58es in blocks of six weeks, bul r1 online d88888 In Malhodology. Thgr8 was good tBka-up al Ihe Sprlng Connecttons weakend in AprS12025 - a series of onfrhour onllne prgsgntations by di5tingulsh8d sp8aker8 of intematlonal slandlng. Overabl Income from tralnlng 8CtlvltS88 other than the Summer School Indudlnu Ilve tralnlng for 188ch8r8, commissioned from the BKA Under local Music Hub arrangomgnt8 - 8howod an exc086 Ovgr the oxpendlluro Involved bul 01 a slgnlflcantly low8r1ovel than In 2023-24. A81dg from cour888 and workshop8, B1kS1ore recelpts were 8ubsthntlally down comp8r8d lo Iha prevknus yèar, and the stock valuauon on Ihe balance Sh1. atready re(luced al June 2024 compared to Jun8 2023. showed a further reduction al Jun8 2025. New gxp8ndilur8 In 2024-25 Induded the cost of lal bookkeeplng and relatèd dlollal 8&rvIC introducèd to pmvlde necessary SUPPOrt for the BKA'S finance function (bl consultancy fee8 to assi81 the 8ear¢h for additlonal fundiw support to 8uppl8menl the charity'8 Incom8 from traditional 80urce8 such as membership 8ub8¢rlpon8. Th18 8earGh has yel lo bear frull and remaln8 8 key Issue lor ongolng work In 2025-26 and beyond. Re8•mB pollcy The alm Is lo hold 8 reserve qulvalent lo 3 months, budgeted expendltUTe plu8 an allowance for potential adrnin cosls In tho gvent of windlng-up of Ihg org8nis8tion, and lo kgep enough 8urplu8e8 for Immeili8te wojeds. On updated calculation usin9 20245 llgurgs. the yearnd total of unreslricled funds, excludlng money lied up In strkS, remalned well above the level necessary lo hold in ro$etVo under the pollGy. Restrlct•d lund Tha fund reserved for Cecilia Vajda Memorial Scholarshlp Bwards, stantlirvJ at £3,302 when the year b8gan. had £1.015 income during 2024125 from dedicated donations and fund-ralslng proceeds received for the 5chc4arship fund. Schol8T$hlps We awarded lo three selected applicants covering thèir luilion fees al the Summer School Sn August 2024. uiilising £1.941 from Ihe fund. so th81 the Restrfcled Fund balance carried foArd Bt the year-end was £2.376. Schcdarshlp awBrds from Ihe fund lor the next Summer School (August 20251 b8long for accounting purp(Ises in the next financial yoar. 202&26. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov•rnlng documant Tho Charity is ¢ontrollod by its governing document. a deed of trust, and constitutes a charitable incorporat8d organisation. limited by guarantee. as defined by Ihe Charities Act 2011. Pago 5
THE BRlnSH KODALY ACADEMY CIO REPORT OF THE TRUSTEES for the year •nd•d 30 Juno 2025 STrUCTURE, GOVERNANCE AND MANAGEh1ENT Manag•m•nt and Governanco Arrangemonts The Executtva Committee is composed of 8l&ctad membèrs, mlnlmum of ihree and maximum of nine. who undertake lo cary out 011 the runnkng of the organISaOn on a voluntary basS8, ellher by carylng out the work themselves, or by appointing others lo doll. Officern and Truslges are appointgd at the AGM. If a n trustee is appointed after thè AGM th8y must re&gn or b8 confirmed at the next AGM. A membor of the executive committee automatilY beGeynes a truBtee. BKA hAS no llxad preml88s bul or9anise8 courses and WOTk8hop8 In Kodaty Mu$lclan8hlp and Pedagogy in differÈnt V8nu8s in ar8as where a need is present and whère a viable cours8 ran be run. usually wlth the help of a local repr&sentstlve who Is a member of the 8KA or In sympathy wllh Its aims. All c¥)urses are Inlended lo be self4nondng. Rl•k Manaym•nl The trustee8 have ass8s5ed the rnar rfsks to whlch the charfty Is exposed In partlcular Ih08e relalir4J lo OP8r8tions and flnonce of the Trust gnd are 8aU8fied Ih8t systerns are In ploce lo mlligale Ihelr exposure to malcf rfsk6. St•t•m•nt of Truslw•' Rvdpon$lbllltl•¥ Charity18w requSres the twsl09$ to prepar¢ flnan¢lal statsmanls for each flnanclal year whlch 8h¢y•V a INe nd fair viaw of tha stole of affairs of the charity and ils financial actlvltles for Ihat riod. In pr8parfn9 th088 rinandal Slalements. the tru8loe8 raquir8d to.. - Select Suttable 8ccounfjry pollcl•8 and then apply them wislslenty; - Make ludgement8 and estlmal88 that are reasonable and prudent.. Stsl8 wh8lher appllcabla account(ng Standards and 8tat8m8nt8 of rncommandgd proctlce h8ve been fc41owed, subject to any departures dlsclosed and explalned In the financlal $tslemonts', and - Pr8p8dng the flnandal 8tstsm8nt8 on the golng nrn b8818 unl8851118 Inapprowlale to presum8 that th? ch8rity wlll conllnue In operatlonal axl8lenc6. Th8 tIU81888 8r8 responsi8 for keewng Pfopef 8ccounling records which disclose with reason8bl8 accuracy 81 any tlmg the flnanclal ltiOn of Ihg charlty and lo enaile Ihgm to ensure that Ihè financlal slalarnents comply with the Chaiilles Act 2011. They arè also responsible for safeguarding the 88se18 of the ch8rlty and hence for taking rea8onable 8tsp8 for Ihe prevention and detec*on ol fraud and olhor Irreguladllas. REFERENCE AND ADMINISTRATIVE OETAIL8 R•glst•rnd CIO numb•r CE019129 IEn9land ar Wa) R•gl$tered Charlty number 1185720 Rogistsred offiG• 58 Franklon Avenuè Coventy West Midlands CV3 5BB Pago 6
THE BRITISH KODALY ACADEMY CIO REPORT OF THE TRUSTEES for th8 y•ar •nd•d 30 June 2025 Twstse8 M Ollvgr J Oliver D Greenhalgh S M Edward8 S Leeming lappoinlgd 13.4.251 J Maxwell (appointed 13.4.25) Patrr•ns Mme Sarolla Kodaiy George Calrd Bob Chilcott Dr Douglas Coombos fvan Fischer Gllb8rt de Gre•ve Dad Hlll Dr Lasz16 Norbart Nemes Monornry Pr••ld•nt Glllan Earf GRSM LRAM Ad Dlp BKA CKME Ind•p•nd?nt Ex•mlD•r LOP Luckmans 1110 Ellkjtt Court Coventy Buslne3s Park Herald Av8nu8 Covanlry Wosl Midlands CV5 6UB Apprnclatlon and CoTrclu•lon Heartf811 thank8 90 lo evèryone, won if not mentioned by name intlividuamy. We 8re privi18ged lo hav Luclnda Geoghegan's v88t profo581on81 experfence to keep u8 focused on the heart and essence of the Kodaty approoch. None of th8 8CtlvNl89 reFle here woul¢J have been posslble wllhoul the teamwork and shared vi8lon of tho EPB, Oper8tlon8 Team 8ntl Trustees, whllst both our onllne 8nd In-person classes have continued to bè appreuaied thanks to Ihe expertise, Imagination and ded1110n of ¢)ur increaslng number of tu¢or8. It Vdas vlth great sadne&ry that we reportfjd the dealh of Joe Clark in March 2025.. husbarKI of our tutor, Lynne, hlmself 8 8tauncl) 811PPOrteT and teacher ol the Kodaty approach aTrJ foTmerfy a strong Flnonce cmIttee memb8r. One of tho strengths of the BKA is the care and support wo try lo provSde lor each other. W8 beliève our Toport deplcls an active org8nisotion, furtherfng our objectives with th8 events we hav8 off8T8d. developing the range and Scale of what we do. 8xlendlng our outrèach and enjoying good relations with like-mlnded organisations Such as ABCD. Sing for Pleasure and Dalcroze UK. However, il remains true lo say that more volvnleers are n8ed8d, in comblnalion with some paid 8dminlslrallve support when Ihls bècomes flnanclally posslblfr. Plans for 2025 - 26 included further InYrS ulseS. with a new venu8 for the 2025 Summer School: in-per50n FoUr80n Courses,. the contlnualion of the Certfficate Course and the CVMS awards and, of cours8, the Incluslon of another Member5, Day. Wo look forward to continuing to dlsseminale l(odaiy's principles and pr8Ctlceg. and to promote krthAedgè and understanding of his philosophy lo as many individual teachers and organisatfons as we can. at a time creative subjects and arts funding ramoin su¢h pressing issuos in tyjr educatiorb scen8. Page 7
THE BRITISH KODALY ACADEMY CIO REPORT OF THE TRUSTEES for the ye•r d•d 30 2025 oved by ordgr of tha board of trustees on .. . and ¥ignod on Its b8haW by.. Trustee Page 8
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRITISH KODALY ACADEMY GIO Indapendent oxamlngrfs report to the trust••s of The British Kodaly Acad•my CIO IYh• CIO'I l port to the charity Iruslees on my examinalton of Ihg accounts of the CIO for ihe year ended 30 June 2025. Ro8pon$lbllrtl¢$ and ba818 ol roport As th8 charity's trustges of the CIO you are responslble for the preparalon of th8 accounts kn aco)rdan Ih the requirgments of the Charities Act 20111lhe 2011 ACVI. Havlng 8atlsfi8d mys8W that Ihe actnts of the CIO are not reqUed to b8 audited under the 2011 Act and oro eliglble for Irependent examinalion, I r8POrt in respéct of my oxamination of your charity's accounts a$ Corried out under S8¢tion 145 of the Charities Act 2011 Ilhe 2011 AGt'I. In carrying out my examination I have followed the Dlrections swen by the Charity Comml8slon undor Section 145151 {bl of the 2011 Act. Ind•p•nd•rrt •xamln•rf• 8tat•m•ftl I have compbted my examinatlon. I confim that no matter¥ have come to my altenllon In connectSon vAlh the examination gbvkng me cause to belleve.. accountbng iecord8 waro nol kept In respect of the CIO as requlred by Sgction 130 of the 2011 Act.. or the accounts do not accord wlth Ih08e record8', or th8 accounts do not compty with the aPicable requirements wn¢ernlng the fom and contenl of accounts set out In the Chadll8s (Accounls and Reports) Regulation8 2008 olhar than any roquiromonl that the anIS gfvo a tru6 and falr VI whlch (s not a m8ttgr con8idere(1 98 P8rt of an IndeperK19nl examination- or thè accounts have not been prepargd In accordance wlth the rn8ihods and prlndples of the Stslement of Recommended Pr8Ctico for accounllng and reporting by charititis {apIcable to charities prèparing Ihek accounts In aGGordance wlth th8 Flnanclal Reporfng StHrHlard appllcabl8 In the UK and RepLtblk of Ireland (FRS 1021). I havo no concems havg como across no oth$r mattèrs In connection wlth the examlnotlon to which attonllon should drawn In Ihls report In order to •n8bk 8 proper under5tandno ol the aco)unts to b• reached. M D Spafford FCCA FCA LDP Luckman8 1110 Elllott Court Coventy Buslne88 Park Hgr8ld Avenuo Covgnlry Wesl M6dlands CV5 6UB ..o.eA.IL lej2<.. Paye 9
THE BRrrisH KODALY ACADEMY CIO STATEMENT OF FINANCIAL ACTIVITIES for tho yoar •nded 30 June 2025 30.6.25 30.6.24 Totsl UrwestCted Restrided fund fund funds COME AND ENDOWMENTS FROM Don?n5 and 1ogaci•s 6,711 7,194 12,458 Charltabl• actlvltl•• General 53.080 53.612 95.452 Olhw trading adivities 16,027 Total 123 937 EXPENDITURE ON Ralslng funds 9A38 9,438 17.049 Ch•rftabl• actlvltl Gon8ral 1,941 89.970 Tolal NEf INCOMEIIEXPENDITUREI 127,9681 1926} 128.894> {1,627) RECONCILIATION OF FUNDS Total funds tjrought forword 113.740 3,302 117,048 118,675 TOTAL FUNDS CARRIED FORWARD Th8 notes form part ofthese financial ststements Page 10
THE BRITISH KODALY ACADEhlY CIO BALANCE SHEET 30 Jun• 2025 30.6.25 Total fund8 30.6.24 Totsl lunds Unr86trktsd Reslrictsd fiJr*d fund Notes URRENT ASSETS Stocks Dèbto Cash al bank 8,846 17,737 8,846 17.737 103,312 10,321 17,299 118.743 2,376 127.519 2.376 129.895 146.363 CREDITORS Amount8 lalllno due wlthin on8 yr {41,7411 141.741} (29,3151 NEf CURRENT ASSETS 85.778 TOTAL ASSEfs LE88 CURRENT LIABILITIES 85,778 2,376 88.154 117.048 NET ASSETS FUNDS Unfgslrlrted lund$ Rèstricted fund8 85,778 113,746 TOTAL FUNOS The ch8thable IncorpLY8ted organl8allon 18 enlNled to 8xempllon from audlt undar th8 CharMe8 Act 2011 fr)r Ihe year endfrd 30 June 2025. Thèse financLql 81aternents have been prepared In accOrdar9 wth tho pvovlsions appllcabl• to charftabl knc0rp0r81 OTganlsationB. The fin ncial slalemen18 were approved by the 808rd of Trustee8 and aUtlri88d for Issue on and were 81gned on Its behaw by.. Trustee The nr)tes form part of these flnanclal stalernents P8ge11
THE BRITISH KODALY ACADEMY CIO NOTE8 TO THE FINANCIAL STATEMEt4TS for th• y•ar•nded 30 June 2025 ACCOUNTING POUCIES Basis of pr¢parlng the Ilnancial statements The finand81 slatemen15 of the chartlable IncorFX)ratsd organlsJon. whtch Is a wbllc bènefit enuty uTrJer FRS 102. have been pr8p8red In aocordanco vAth the Chafltles SORP IFRS 1021 'Accounllng Reporting by Charitlos.. Statement of R8commond•d Practic• appl to Charits preparlng Ih8ir accounts in accordan wth the Fin8n¢i81 Reporting Stsndard applicablè in the UK and Republic of Iland {FRS 1021 (effective 1 J8nu8ry 2019),. Financi81 RertIng Standard 102 The Flnancial Roporting Standard applicabl8 In th8 UK and RepubliG ol Ireland. and Iho Charilles Act 2011. Th9 financi81 ststemenls have been pr8paTad under the historical cosl convention. Incom• All Inwme bs recognlsed in the Stalomenl of Flnan¢W Actlvftles once tho charlty has entéuemenl lo the lunds,11 is probabl8 that the kKom& wijl be received and the amount can b8 rnred reliabfy. ExndItur¢ Llobllils are recognl$ed as 8XpdItU1e as 800n a8 th8ro 16 a Iggal or Gonstrucuve oblallOn o)mmltting tha charity to that exnditur, 11 Is probable that a transfèr of èconomt b8nefts bo rnquifed in setuèment and the amount of th8 obligatlon can b8 m888ured reliably. Expenditure is accounted for on 8n accrua18 ba818 and ha8 been cl8sslfied under headings Ih8t aggregats all coBt ro101od lo th8 category. Whgro costs cannot dirfjdy attribuled to particular heading8 thoy hav• been all¢)calèd lo activiti8s on a b$ consistsnt with the use ol resources. Stock8 are v8lued at the IowaT of cost and nel re81189ble valuo, 8fter rn8klng du• allow8nG8 for ob8018le slow moving rtèm8. T¥xatlon Tha charfty18 exempt from rporatIon tax on 118 chadtablo actlvlllè6. occountlng Unrestrlcted fund8 can be used In accordanc8 wlth the charllablg obleGtfv•8 8t the dlscretk)n of Ihe trustees. Restricted funds can only be used for particular r8Strict8d purpo8es thIn th8 objects of the charity. R881rlcllon8 arf8e when 8peclfled by the don or when fvnds are r8I88d for partiear restricted purp068s. Further expl8n811on of the noture and purF#)88 of e8ch lund 18 Includ8d In the rleS lo th8 financlal statemonl8. OTHER TRAD114G ACTMTIES 30.6.25 30.6.24 Sale of musl¢ books & vld808 Page 12 eontlnued...
THE BRITISH KODALY ACADEMY CIO NOTES TO THE FINANCIAL STATEMENTS . contlnu•d for th• ar ond•d 30 Jun• 2025 NEf INCOMEI(EXPENDITURE) Nat Incom81(8xpIdItUre} 15 ststgd after chargin{credingl'. 30.6.25 30.6.24 Indyndenl examiners fves TRU8TEES' REMUNERATION AND BENEFrrs There were no IIu8te88' remuneratlon or other benefft8 the y8ar ended 30 June 2025 nor for the yaar ended 30 June 2024. Tru•t••¥' •xp•n• 30.6.25 30.6.24 Tru8le86' axpen888 Durfn9 tho year, the CIO pakl TTUSteg8 expen of £nl (2024: £nill COMPARATIVE8 FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted Rgstrldod fund fund Tolol funds INCOME AND ENOOWMENTS FROAI Donatlons and legacl•s 8,527 3,931 12,458 Charltabl• •¢tlvlll•• Gènèr81 95,452 96.4S2 other Iradlng actM8¥ Totsl 120 006 123 937 EXPENDITURE ON Ralslng fuTh16 17.049 17,049 Ch•rlt•bl• aGd¥ltl General 106070 108 515 Total 123 119 MET INCOMEIIEXPENDITURE} (3,1131 1.486 (1,627) RECONCILIATION OF FUND8 Total knd8 brght ftxward 116.859 1,816 118.675 TOT FUNDS CARRIED FORWARD 113746 Pago 13 contlnued...
THE BRITISH KODALY ACADEMY CIO NOTES TO ThE FINANCIAL STATEMENTS - contlnu•d for the year ended 30 June 2025 STOCKS 30.6.25 30.6.24 Stod($ 8.846 10.321 DEBTOR8: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.25 30.6.24 other debtor8 Prgpayments 11.489 1.753 CREDITOR8.. AMOUNTS FAWNG DUE WtrHIN ONE YEAR 30.6.25 30.8.24 Acuua15 and deferred Income 41.741 MoveMENT IN FUND8 Net movemanl In fund8 Al 1.7.24 30.6.25 Unrn•trlctsd fund General fund 113,746 (27,9681 85,778 Rwtrld•d fund• CVMS 3.302 19261 2,376 TOTAL FU14DS 28 8941 Nel movement In funds, Included in the ave are as follcN4$'. Incoming resourc88 Resour expended Movornent In funds Vnr••trlct•d fvnds Gen9ral fund 69,499 {97,467 (27.9681 Rvitrkt•d fund• CVMS 1,015 11,941) 19261 TOTAL FUNDS 70.514 99,4081 28.8941 P8ge 14 continued..
THE BRITISH KODALY ACADEMY CIO NOTES TO THE FINANCIAL STATEMENTS - contlnued for the year ended 30 June 2025 MOVEMENT IN FUNDS- contlnuod Comparativ•s for movèm•nt In fund¥ Net movomanl in funds At 30.6.24 Al 1.7.23 Unro$trS¢t•d funds General fijnd 118,859 {3,113) 113.746 RtrIcted fund* CVMS 1,816 1,486 3,302 TOTAL FUNDS 118675 Compar8tlve not movement In funds, Included tn tho above are as follows.. Incoming resour¢88 ReSJrCe8 Movement exnded In funds Unr••trlct•d lund¥ General fund 120,006 {123,119) 13,1131 R••trlct•d lund• CVMS 3,931 12,445) 1.486 TOTAL FUNDS 123937 125,5641 A current year 12 months 8nd prfcf year 12 month8 comblned posin Is ## fdlows: Nel movement In funds At 30.6.25 Al 1.7.23 UnrostrlCl fund• Ggngr81 fvnd 116,859 131.0811 85,778 Rutrlct•d ftsnd• CVMS 1.816 560 2,376 TOTAL FUNDS 118675 30 521) 88.154 Page 15 conlinu8d...
THE BRITISH KODALY ACADEMY CIO NOTES TO THE FINANCIAL STATEMENTS - ¢ontinu•d for tho year •nd•d 30 Jun• 2025 MOVEMENT IN FUNDS- contlnued A current year 12 months and prlor yaar 12 months combined net movement in funds, induded In th• •bovb aro as follows: Incomlng rÈsourcè8 Resources expended Movèment In funds Unr•8trtct fund8 General fund 189.505 1220.5861 (31.0811 R•*tri¢t•d fund• CVMS 4,946 14,3861 560 TOTAL FUND3 1224 9721 The G8n8ral fund roprg88nts thè freè re88rve8 of thg charfty that are not d88lgnètsd or rostrfd9d for particular purpose8. Thfr Cedlla Vald8 Mernorfal Scholarnhlp ICVMSI re5trfclgd funds reprosonts donatbns fecelved to provldg $GhoLqrships which pay for thè lultlon fee8 on 8p8dflc Kodaty cours85 fcllowng an annual applKalion and sélection proce89. 10. RELATED PARTY DISCLOSLIRE8 There vme no related party tran88don8 for the year ended 30 June 2025. Page 16