CHARITY REGIST114TION NUMBER: 1191491 Volee8 For Llfe Unaudlted Flnanelal Statements 31 Mar¢h 2025 Sue Larter l.'LA DChA Mak¢ Your Figur¢5 Count Limikd Charicrcd Accountants 17 Cl9￿ Housc Sydney Kuad Baih IIA2 6NS Voiees For Life inancial Statements Year ended JI Marth 2025 P*ge Trust¢es' annual rerort Indcpcndeni cxaminef s rcpon to lh¢ Irusi¢es Staiemcnt of financial activities 8iai¢m¢ni ol-financial p05ltion Accouniitig wli¢i¢s 10 Nol¢s to lh¢ financial siaiemenis 13 Volcts For Ltfe Trustees, Annu41 Rtport Yt8r ended 31 Mirch 202S The tyusie¢s prcscni (heir rewrt th¢ unaudiied financial slalements of ihe charity for the year ended 31 March 2025. Referenc¢ ¥nd •dmith1stritive dtthils R¢gist¢red th*rlty nAme Voic¢s Fur Lif¢ Charity registrAtion number 1191491 Prin¢ip#l offl¢¢ 128 Easirip Lane Col¢rne ChippLnha SN148AX The trustces Mr P Martin Mrs M F.dwwd% Mr l) lil)uLh¢r Mr% J Bird M% D I MBr. Mrn F. ()Idfi¢ld Ms C E Iluddin¥ion Mrs'l. M I lartley IRcsigned 19 March 20251 IRcsigned 30 May 20251 IAppoiniLd 14 Ikiob¢r 20241 IApp()inl¥d 17 July 20251 {Appoini¥d 9 May 20251 Ei¢¢¥tlvt dlrtctor Mr5'f Ann%lTon8 Fin&nr¢ l¢id Mrs % J IlaywaTd Indeptndent exgmlntr ui Ciwicr I,'LA I)LhA Miiki Your l.'i8urL's Lount Limil¢d LhiirtiKd Accounlwits 17L18n IIou5C ydnLy Roi Bath 14A2 6NS Struclurei govern&nr¢ ind m#n4g¢m¢nt Constitution Vuiccs IOT Lifc is a Churiluble In¢orporated UrB#ni￿ti0n ICIOI and is 8ovLmLd by ils con51iiution which was adopl¢d on 28th ScplLmb¢r 2020. OrganlsatM)n of the tharity 'hb board ol. ITUSICCS Rrc rnsponsiblc tor Ihc manB8etnenl ol- the Lharily. 'I'here arc no p&id cmployccs. The administrative I'unLiion is ￿rIOrm￿d by lh¢ Irus￿¢s, freelunle professiona15 dnd Voluniiirs. The day to day opcrdiion of the charity 15 d¢legat¢d by the ¢ruslee5 lo th¢ kx¢cutive r)ir¢¢tor. Appointment of Trustees 'FThsiiLs are appoinied by a re501ulion pa55¢d at a properly convcned meeting of the board of INslttS. In selttting individuals for apwinimcnl as a iru%lcc i>f Ihc charity. Ihe will lakc 3ccDunt of lh¢ skills, knowlcdgc and cxpcrience needed for the cffcclivc admini5trution of th¢ chorily. Voice5 For Life Tru$tet$' Ahnual R¢port (eorfltsued) Year tnded 31 Mxrth 2025 Objtetivts and aeti*ities Th¢ Obj￿IS ofthe ¢harity ore defined in ihe Consliiuiion and are.. To u¢1 as a re&ourc¢ for primary school children up io the a￿¢ uf12 living in the UK by providing advi¢¢ and assisianee and OTgani5ing musical cducaiion programmcs and uthcr a¢tiviiiLs as a means ur.. lal adv&niin¥ in lif¢ and helping such children andYoun￿p¢up1¢ by d¢v¢lopin8 their skills, capaciii¢s and utpabilit1¢5 to enabl¢ them 10 participate in S(￿Icty as indep¢ndcni, matUTe and responsible individual& Ibl 4dvan¢ing ¢ducatii)n. 'I'he IruslLLS ¢OrtfirtD ihal they hav¢ r¢f¢rred 10 Iht Ch￿ilY Cotntnission'5 guidgnce on publi¢ b¢nefit when reviewing the charity'8 aims und vbjcctives and in pl￿nIng lUtu￿. a¢iivit1¥5 and projccls. About Volt¢i for Lif¢ Voic¥% lar l.ili bring% the ww¢r ()r mu%i¢al Lxp¢ri¢iiL¢ inio Ihe Llassruum and ¥iv¢% iV¥ry Lhild thi opportunity 10 bL happy and LunfidLnt Ihrough music. It beliLV¢% Ihut Ihl j(iy ond poliniial ol'qualiij musiL ldurulicin %hould hc accu%siblc 10 all priinary sihuul ¢hildr¢D. r¢g(Irdl¢s5 ol. baLk8round. D¢livering high quality musiL and WLllbLing proj¢LiS 10 Lumplcment thc ndiional curriculum. IhL Lhllrity LhildrLn a journLy of %¢ll'.di%u?vLry uiid griiwih Ihrougli Inuhic. creativity pLrfi)mianc¢. In ju%1 ihrcc yea￿. Vi)i¢¢E II)T l.ife ha% rcached ovLr l(I.11110 ¥hildrth d¥livcring Iranslornialive musiLal and w¢llb¢ing ¢xp¢riLnces ￿r￿lS Httih and North F.'J%l %i)m¥r%LI. Somerset. %iTruih (rlL)ULCXtLr%hirc, Wil14hirc and Lornwall. l.rom in-$Lh()i)I WOTkxh()p%, ta iiLLc.4%iblL ihoir% tnuliiw%Lhi)L)I maK%i(I p¢rli)rmanLtt%. VoiLes fi>r l.il¥ br¢ak4down aLL¢ss burriirs and bril1g￿5 lhildrin lugLihir aLrLlS% social divid¢%. l)r()fL%%i(Inal Illusici￿n5 Gnd wcllb¢in8 laLilitutor% nunurc ihc conlidcnce. pa%%ic)n cind kill% i)f iach child. hLlping Ihem explor¢ Ih¢ir polcnliul and show Iheir ¢ommuniiies. #nd ihemselve5 - what IhLy ue Iruly Lupubl¢ of. Voicc% r(Ir l.ifc's fouT %pceially commi%¥1¥)n￿ pmjccl% arL' Hl IhL hL'art ol. li¥ wi)rk. 'I'hLse projLcls engggL whole yellr ri)up% bringy 11)gJLIIILr hutidrL'd% ()I' ¢hildrbii from dillirLni %Lhi>i>l% a¢rnss %ocioiconomic dividis in o lurgL-%¢iilL puhlii p¥tli>riiiiiiith. l>i'i)li%Niiiiial inusiLidn% #r¥ pldthd in Ii>L41 primary %Lhools 10 J¥liv¢r w¥¥kly sin&ying und willbLinb* WOrk%ho￿ d￿rIn¥ ¢urri¢ulum iimL SL￿1%$ IW() th¢tsd¢illic Icmis. All childrLn orL' enLnuru¥id io purtiLiplllc. ri8lLrdlL%s ol. b￿lL￿g￿)Und c)r biliiy. l)VLr 10 W¥Lk¥, Lhildr¢n arL laught onL ol. lh¥ Lharily's uriginul musiLul works,, %turdusi, %paLL bLiwiin IhL 418ri. tnusii IL'uLhin¥ wilh 41ruLlurnd Lmuiioii L{?dlhin￿ SLfiL% LulminatL'% with u high-profilL pcrfi)rnianLL C)PPllrtunity l(Ing*iidL live mu%iLiun%. Ih¢%c pcrlom)oncc% brin8 UP lo 2511 Lhildrun IN)m up 111 7 ¥Lhi)i?l% li)¥¥ihLr lo %ing in u In&ji)r vLnuL. u¢h 14aih AbbLy und WilishiN. Music CLnlrL Q truly m¢moruble LxpcriLnce rnrely Jlli)rd¢d by those I'rom the mo%1 (lisadvaiiiagcd b￿CK8￿)UndS. Voicc% lor l.ilL'% 8ddiii(>nMI provision include5 eommuniiy ¢holrs co.designing musi¢ with ¢hlldren and wholc school sin8in8 and willbcin8 wnrk%hiips. Voi¢es For Life Tru$ttes' Annual Report {eonllnuedJ YeAr ended 31 Marth 2025 Achievements and perform*nte During this piri(Kl of operuiion, Voi¢e5 for Life deliv¢r¢d muliiple in school workshops. rehearsals and 5 lar8e-scale perl(IrtnanLLs aLro%% Bath and Northell51 Somersel, Willshire, South Gloucestershire and Cornwall. The ¢h2riiy wws also featurcd on 14BC Ncw%round during Childrcn's M¢nial Ilcalih W¢¢k11.ebruary 20?51. Whai IhL charity d¢liv¢rul ls¢lL¢l¢d mil&%tOllC5 Wlthin the ycarl.. Jun¢ 20?4. Bliih Abb¥y.'I'hi fr.l¢tnbnls (personal growihl premiered wilh 250 children alongside a new song composed by ViiiL¥s for l.ili's Ilath Childrin'% C'.hoir YLur 65. July 2024- Tnjro Coihedrol. Stordusi rea¢h¢d Cornwall with around 120 childT¢n. including pupils traveling from the Isle5 Sep.D¢c 2024. LhHrity rebrand launched.. lunchtime choir esisblished ai Si m1¢h￿.1,¥ Junior S¥hLK)I, Twerton Iwbekly. free to P8rticipÈttisl. Nuv 2024- wi11shir¢ Musie Lentre. The Elernenis p¢rformed thver sold•tsUt ni¥h15 with 2SO LhildrL'n. Auiumn 2u24.mar 2025. Twv %taTdusi projecis ran &eros% Baih and North E&si Somcrs¢i and South Cilou¢¢si¢rshire with p¥rl()m)anL¢% in Iluth Abbey and Si (ieorges Bri5101. Stale and reach 979 Lliildrln tix)k part in the Charity'5 commi55ioned ma55ed pn)jecls Istsrdusl, Exlraordinaryl Th¢ Ll¢m¢ni%l across 40 %¥hoi)l¥ ¥upp(irt¢d by 275 work¥hopslrehLuf5llls. (.'ommunily ingtsg¢m¢ni inrlud¢d approximalcly J.IIID IivL lludiencL' members: 2.814 PLx>ple WL'ro r¢'J¢h¢d (inlin¢ ihmugh Ibum. vidLo% und iw'ativl le#min¥ resouK'es: d¢livLry was SUPPOrted by 50 volunlLLrs and 55 ¢r¢81iv¢ pro¢iitii)n¢rs. Outrome5 for chlldren Imasged prolectB, 2024 evaluthtlonl tl%in¥ b¢l()rLliill¥r pupil liaLIILr quL%ii()niiairLS ali)ii¥%iclL qualiiaiiv¢ f¢edbMik, Ihe charily's 2024 cvaluation indicated.. ConfLdLnce.' 75% shuw¢d improved beif-LonfidenLc. Mu%iLal divLlvpmLnt.. 64Qkn showcd impTovLmLni in mu8ical %kill. l.'nji>ymcnl.. 93% rcpart¢d incr¢u%￿ ¢njoymeni in 5insin8. Inlirp¢Ninal skills.. 70¥0 found li ¥&%i¢r Iv build positiv¥ rLlaliunships. Who btnefited lintlusion prolll¢l Arn(Ing portiLip&iin¥ ihildr¢n in 2U24 proj¢cls.' 38%wir¢eligible for Pupil Pretnium.. 35Q/o hlld SENI)ISEMII ntt(Jb', 14% wcre Irom iihniL mini)rity b)¢kground%. A significant proportion atlcndd njral ￿h0o15. '1'hc lunchtimc choir al Si MiLh#el's spe¥illLally largels children who mighi oiherwi%¢ mi55 OUL providing a we¢kly poihway. Evldttht¢ and learning In 2024 VviLib for Lil¢ iniliaied 8 partn¢Tship with Bath Spa University to ￿rengthen the evaluaiTon of longer term OUlLDme lor cmolional wcllbtirtg and musicul d¢vclopmLni. sir¢rt8thening th¢ charity's eYid¢nLL base infumiing pr()Brnmm¢ design. Voltes For Life Trustees, AnrtuAI Rtport (eOAflwied) Y¢ar ended 31 Marrh 2025 A¢hi¢vemerbts #nd performance Projects and Cholr$ Stsrdust Voi¢¢5 1()r Lil¢'s flagship projeci has bLLn dLv¥lup¢d wilh the suppori uf Th¢ Arts CounLiI. It is a 3-rnonih schools projo tuking childrcn on a musical journLy Ihrottgh SP&CL' Vl%ltin8 diff¢Nnl fcLling plan¢t% Lulillinaling in perfomi#nLLs vl. IhL 45- minull wvrk accotnpanied b> an orchc51ra. Workshops cnablc childr¢n i() und¢r%lund how music and movcmcnt can hc uscd tc? h¥lp Ihctn copc with challLnging lcelings in a hcallhy manner dnd develop a pu%illVL ouIIIM)k dbuul ih¢mYlv&%.'I'h¢ %1(￿dUlt prvjLLi hu5 bccn dclivcrcd () limcs Wtih pcrtorn1￿)¢CS in Baih AbbLy, Wili%hirL' Mu%ii CLnlT¢, WLII.% (.'aihcdrnl."I ruro Laihcdrol d Si CJeorg¢'s Bri5101 wilh 1,375 children. Splee between tht StArs l)cvclopcd in 21124125 &Lq & prequel 10 8i*rdvsl. thi% thre¢ mnnih pTrth¢£i%l %i)mirw L(Ihort hcgan in March 2025 Ahcad ol. a JunL 2025 p￿'m1￿rl', L%tubli¥hin¥ a cunliiiuiiy pathway when p#ir¢d wilh 4iardu%l. ExtrAordinllry. A 20 minute %ong cycle exploring musical stylcs and the uniqucn¢ss of¢a¢h child. I,aun¢hcd in 2023 und delivered iwice to ddlL %4'iih pLrlurM￿¥¢% at Buth Abbey and Wilishir¢ Musli Cenire, as w¢ll as being recorded a5 an album with ovcr 3(M) hildr¥D Partilipalin Element5 C.'ommi%sioned in 2023 wilh & fo¢u8 on pLr%iinul growth. l-. Icmcnls has bcLn dcliv¢r¢d Iwi¢¢ lo dai¢, including ihc June 2024 wiTrrld prLmierL ¥t Elttih Abb¢y and two November 2024 perforniances in Wiltshirc r¢a¥hing over J(M) childrcn. B#th Chlldren'5 Cho5r lest. 20221 l>r()viclL% an iirtgi>iii¥ N)uli liir cli11d￿n lu conlillue sin8in8. In 2024125 th¢ choir collaboraled wilh partner ens*mbl¥& And PLrl(Irmid ai Livic and Li)mmunil}' Ivinl%. Ari)und h￿11.1?1.mLmhLr￿ hiivL' PN'VlI)u%ly lJk¥ii pun in Ihi Lhariiy's M￿.￿5¢￿ pn)jLci%. VviLI.4 r()r l.ilL aLlivily seLk Lo11￿bi)raI1i>n￿, uiid lh¥ Llii)ir iiij<)yLd.%inging wilh Iluth 13u¥h Lhoir in Luruls by Cundlili&ihi in the Iluih l>ump Rwms in l)eLKmbir 2024 ond %in¥ing ol QuRrtIl C'.ommiinity l.oundaiion's Annu81 L¥l¥bruliun in Ncivimhcr, St Mlchoel's Junlor S¢hDol Choir l.1iiiihiiiiiL iliiiir Ll>-IaunLhL￿ in lighi uf lh¢ ba￿liT5 faLid by childN'n in ihis ¢op IO% deprivation arca, CurrLnily 28 children, IhL nillj()rily fr(irn low.inwmc fomilics. rLhcur¥¢ wcckly. Young Chgmplothj SILI)ndiiry silii)i)l Lhildr¥n liurrL*ily ycars 7.111 suppc?ri rehL'&rsul% p¢rliirmuncLs. guining Icadur%hip, m¢niorin8 and ¢v¢ni is1iiiiLL LxpLri¥ii¢k.'I'hL pr(>¥rtunmc grLW iu inilud¥ ¥ix uitiv¥ Young Lhampiuns during Ihe PLrioJ. Exttndtd OpportunititS i)Iii i)ppiirtiinilic% wirc ollcrcd Ihrou8h partncr5hip5 Wlth 14rislol Youth Choir. Comwall Yuuih Choir &nd Sla8eLo&¢h. ChildrL'n have also thkcn instrum¢nMI lesson5 or u ncw activity, having experienced singing with a live orch¢sir8 with Vuices The Team 'I'hL Lhllriiy wiirks with a Icam DI. profcssional mu%iL lri¢lanc¢rs and projLLI b&4eil drtisliL dir¢Ltors. led by Ihe ExeLuliYe Dir￿l￿r. Funding fri)m The l.urc during Ihe yL'ur ¢nJblcd slrcngihcncd copaciiy in mllrkding aiid cvcnl%. Ambas￿dI)r.￿ and upportcrs inuludc prolessivnlll mu.4i¢i8ns #n(1 iommuniiy leuder% who advo¢81¢ for its mi55ion. The Lhariiy recruilid a Young Ambtssttdor, Ilelinda Giffvrd-Guy. (BBC Yuun& C'.hori51cr of the Yctsr 211231 to join its Amb&%vAdor i¢Jm which incliide l)cpiily LiculcnanLs'fiiom￿￿ Shcppard And l.'dward I4ayniun-Cowgrd, Wera 14()bhvu%¢ MP. Marian MLNeir Mlll.. childrcn'% atsihor Jamila Gavin and world r¢nowned musician Suzi l)i8by l(IBr.i and w¢lcDmcd a new trustee. l.ouisa OldfJ¢ld. Aw4rd$ In Mdrch 2024, Voices for Life was a finali51 in the'Ans and Culture, Category in th¢ Bath I,ife Awards. In May 2U24. Voices for Lite wa5 Highly Commend¢d in th¢ catcgory of 'Lre&tivity t(IT Good, in ihe Lreative Baih Award5. Voices For Life Trustee5' AnDu#l Report (conrtnued) Year endd 31 Mgreh 2025 inanriil r¢view In thi8 financial year. th¢ costs of the proj¢cts' that hail been partially fundcd in Ihe prtVlOl15 period were ineurrcd, and funding bL*'n received lor th¢ ii¢rations of ihc proj¢ct410 run in ihe ncxi finonLittl year. A breakduwn vf inLome and cost5 by prujL*I is in¢ludcd in thc notC5. W¢ have also received &7runis and donaiions tOW4rds Ihe developnienl ofihL Lhariiy and it5 non-prc)jcet costs whiLh w¢ partially unspent ai th¢ end of the year. Donations und 8ifL sid received in th¢ yw amounied tu £99.10412024.. £129.0521. including £43.41112024.. £59.0401 given tuward5' %p¢¢ifiL l)Utcom¢s. 'Ih¢ charity wishes lo aLknvwlLdbpL' Wlth gral¢ful Ihank% Ihc 8ranls and don)lions it h8S received from individual donur5 dir¢cily or thmugh ('.A Tr and'l rust. corpi)rni¢ and Organi￿111￿￿￿I donors, inLluding.' The An5 Council. Bath Abbey. Ilaih Invc$tm¢nt and Building So¢i¢ty. The Baih ilvules Trllsl. The Giv¢ Trusl. Charles I lignLrt. ChclvLni)n A%%&￿1 Managcmcnl, IX"nman Chariiable'T'rusL The Fore Trus1. l.ulmLr Lhariiahle'l rusl. (iurfiLld Wcslon 'oundatiLin. (iou¥h's SoliLitLirs. I Iarnptt?n￿. Joyce l.'ILlihir Lharitablc 'l'ru%l. Maydln FOUnd￿tion. Medli>¢k ChMriiabl¢ l.ouiidalion. N(Irlund LollLgc. l)1isiciidL I.i)L&l 'l'ru%i. Kt)y I laTri% 'frus1, RopLr l.aniily I'ru%l, Roiork. 'I'h¢ %LILiely of IliL I loly Lhild. St JamLs'51)lac¢ Foundgtion IR¢giionalk Sione King, 'I'h¢ Ilnivlrsiiy ol. i￿117 Slud¥ni Union. Virdun.%miih Ch￿ril￿bI 'Fru514md WL%l i)ri..'ngl4md Music und Art8. In¢om¢ from proj¢cl-relal¢d #Llivities wgs £23.47012024.. £25,032) The LVSt5 S￿¢1￿¢￿11Y aitribulablc to proj¢¢l-relat¢d aciivitics r¢wncd in these tinllnciol Sthicmcnts were £43.003 12024.. L75.6()51. '1'his ¢xcludL% arn(iunl% wh¢re projLct-rLlal¢d Lv4t% wcre LTILurMd in ¢¥#S￿ ul. resirictcd incom¢ rL'Lcivcd. 'I'hi atnounl¢d 10 £42,IW 12024,. £13,374) and b￿17 Irlatuj £X.OOU12U24.. Inill d¥%ignal¢d and L34.199 {2024.. £13.574j unrL'siriLlcd, Ai Ih¢ p¢riud L'nd th¢ charily h4KI ioial rcscrvc8of£133,36912024.. £14t4.123lofwhi¥h £50.88312024'. £38.241 Iwcre r¢striGl¢d, Il¢K'rv¢% of £12.387 fi)r LorL' Loil& 12024.. £24,136), £41.300 riTrr projiLI dilivLry LOSI.% 121124.. £19.S(K>l, £7.727 for proj¢¢t devLlupm¥nl Lv%t¥12024.. £.1.1￿11} and £f?.111111 l()r pn)jcLI %h()ffllall.4121124.. 18.IXIIII WLrc dL4ignut¢d. 'rhis leaves £15.07212024,. £35,248) ttvailable as an uniommiticd gcnLrul r¢8¢rv¢. Reserves pollty 'I'h¢'l'ru%lco4 Iiiivc Liin¥iderLiJ IhL ILVLI (If rL%¢rv¢% IhLy wi%h to rLluin. appmpri&LiC lo thc chority'% n¢¢ds.'I'hi8 1% b&scd on the Lhariiy's Sli& thL' IL'VLI i>l' Iiiiiiiiciul uiminiimLni% hLld. 'I'hC'l'rusl￿￿ Jim 10 cnsurc thc churity will bL Jbli Io L(intinu¥ 10 lullil il% iharilJbl¢ i?bjiLlivu% ¢vcn if IherL' 1% o ILmpDrury %h<)rtfull in inLomL ur unixp¥¢i¢d LxrKndiiurL. 'I'h¢ 'l'ru%lL'L¥ will ndiaviiur n()1 10 %LI u%idL fiiiids unn￿¢￿y&rIIY. bui will aiin ti) kilp an unrcslricicd and und¢%i¥noiLd Te%crvc ol'upproximtsiLIy 115.IKIII l() Li)vcr unliiiiicipntcd LXPL'n%i and projccl cosL% liir whiLh IhL charity not yei rLKI'iv¢d tutal fundin& IknL Trustee5 4c)n%idLr Ihis J nL¥¥ssury aiiumulation ol'risirvLs, 1% %ubjLLI lo p￿ri￿li{ tCViL'W by th¢'l'ru%lccs, ltswcver. duc lo thc timing diifcrences bctwccn 5c¢king grllnis or sponsorship i)f thL pr()¥ram% b¢f(iT¢ the Lhgfiiy c*n commit 10 runiiing th¢m, artd IhL' IdLI Ihai 115 PTiijLcls arc 8¥n¢rally i)rKTiiicd on a.4chii()l.yLJr bd%lS. thi charity will oll¢n h()Id rL%LfvLs which arc dcsignat¢d Iowt)rds Ihol ncxi itcrnlion, whiih muy bL in thi next fin4th1ial ye8r. The charily shuw¥ a dL,fiiii ol. rLstr1c￿d t'unds in thi8 yiatrs accounis whiih 1% LuvLred by ru￿rViS broushi lurward. Voltes For Life Trusteeg, Annual R¢port (eomimitd) Y¢#r trtdtd 31 M8rch 2025 Plang for future period Funding has been SVLured Ihrough an incr¢ay¢d number ot ITUSt and %upport cvent5. VoiLeb for Lifc is curr¢ntly advancing its fundraising %irategy. wilh a specific focus on growing the Trus15 and Foundations stream. ulon8sid¢ oiher inLorn¢-gLnLrating i)pponuniiics. In 2023. a n¢w 5-year strategy was launched to build un the achievements of Voice$ for Life. Voices for Lif¢ will be focusing on csiablishiDk7 Bdih ils Ceiiire L)f l.'xLvllL'nLe wilh rL'giollal Mu%iL I-IivLS in %omcrsct. Ilaih and Narth ].'￿( Some￿¢1. South CTIouLesiershire, Wili%hirL' and Lornwall pr(ividing DuirLach musiL and w¢llbeing proj¢Lt5'. Building on thi5 IKal gULLLSS. in 2026-27 lh¢ charity plan4 to ¢oniinuL dclivtriiig projeLl% 10 hutidreds of %Lhui)ILhildr¥ii acro.K% lh¢ %()uihwc%l. whil%1 also wvrkinb t¥ to develop and pilL)l a sLal#ble, belf-%u%laiDin¥ naii()nal Spacc Betwl￿ th¥ Sts]rs and Siurdu%i model. VoiL¢s for .ifc will al%ts h¢ launching 115 fird Wilt%hire Children's Chijir. The trus11¢s' annuul report upproved on ITuslLC% by.. and signed on b¢holf of ihe board or Mr% E Oldli¢ld Voices For Life Independent Examiner'5 Report to the Trustee5 ofvoicej For Uft Year ended 31 M8r¢h 2025 I report io ihe twsiees on my examinatitsn of lh¢ financial slatetnents of Voices For Life I'lhe chariiy'l for ihe year Lnded 31 March 2025. Responsibilities and bgsis of report As ihe Iruslees of the charity you are responsibl¢ for Ihe preparation of the finanLi¥I statctnenls in aLcordance with the requircmcnls of the Lharities Act 2011 I'ihe Act'l. I rcpi)rt in rnspccl (Il. my examinaiioii ol'ilil chariiy's findniial siaiLmL'nis Ldrried oul undLr %wliun 145 ufth¥ 2()1 I ALI and ID carrying Dui my ¢xamin8tion I have foll(>wcd ull th¢ appli¢Jbl¢ l)ircc¢ion% giv¥n by Ihc (.'harily C'.ommis%ion undcr Yction 1451SKbl ufthe Act. Ind¢p¢nd¢tht ¢i#mln¢r'$ $tsi¢mertt I hAv¥ ¢omplii¢d my lxamination. l ¢unilrm Ihul no mat¢rlul matters hav¢ come lo my attention in connection with the examination giving me cause 10 believe that in dny mgtviJl rL'5PCfl'. LLounting r¢l￿rJir' view whi¥h 1$ n()1 ) malt¢r tt)n%id¢rvd as part iifun ind¢p¢ndcnt cxamination. I hav¢ no concerns and have ¢omc across no other mattcr5 in conncction with the cxaminalion lo whi¢h 8lt¢ntion should b¢ drown in thi4 r¢port In order 10 en8bl¢ a pruper undcThlandin8 i>f th¢ accounts to b¢ r¢ach¢d. %uL LanLr I,'I'A I)ChA IndLpLnd¢ni Examiner MJkL Yi)ur l.igur¥% Louni Limited Ch￿r1LrL'd AcLI)uni3ni 17 C.'lun I Ii)usL ydiiiy Iload IIA2 (7NS 2O3S Voicei For Lift StAtemtnt of FinantjAI Activities Year ended 31 March 2025 2025 Restricied funds 2024 Unrcstricted funds Totsl funds Totsl funds Note Income tndowments Dc)ndtii)n% I¥Bd¢l¢S Lhuriluhl¢ u¢tivitie IDV¢Stm¥ni in¥i)m¢ S3.693 20.478 1,494 99,104 23,470 1,494 129.052 25.1112 2,W2 Tot91 Income 75,663 48,403 124,Q68 134.093 Expenditure r.¥pcndiiiiri an rni%ing funds.. Cusls L)r ruiidraiyin ExpLnditiirL' C)n Lharii&bl¢ aclivilics Totsl expendtture 14,880 68,IX3 14,880 123.444 5,737 101.544 55.7f>l 83.063 55,761 138.824 107.2111 Net Itxpenditurevincome And net movement fund5 17.3Y81 17.3581 114,7561 46,812 Re¢onciliotion of fuThd$ T()iuI fund% bTuu¥hi furwurd TotAI funds tgrrl¢d forw#rd 89.884 58.241 148.125 82.4¥6 S11.X113 133,369 1411,125 I'h¢ siaiLmint orrinan¢ial acilvilics includcs all 8ains and lo%scs r¢¢o8ni8ed in th¢ yw. All inLi¥mi ¥xp¢nditure dLrive froin ¢i)iilinuing ULliviliis. Tht notes p*g¢5 10 to 19 form pArt of these nnAn¢lal st*ttmtrtt$. Voire5 For Ltfe Statement of Financial Position 31 M4r¢h 2025 2025 2024 Not¢ Fixed assets IniangiblL asscls Tangiblc lixcd assets. 14 15 4.669 3.447 4.364 2.619 8.116 6,983 Current assets DL'bii)rs Cash ai bank and in hand 16 20,163 125.042 47.679 96.317 145.205 143.996 Cr¢ditorJ'. amount8 falling due withln one yeir Ntt ttsrrent Assets 17 19,952 2,854 125,253 TotAI assets le5$ current liabilitleJ 133,369 148,125 P4et Assets 133.369 148,125 Fund& of the ¢har5ty 50.883 82.486 58.241 119.X84 UnrL'sifiLIL'd funds Tot41 charlty fund 19 133.369 14X.125 'I'hL¥¢ finfjniiul %liit¥m¥nts w¥re #pprov¢d by lh¢ of irusie¢s Ind authoris¢d for issue on nd arc %ignLd on behalf (Il-Ih¥ ixwd by., Mrs l.. Oldlield The not¢y on pag¢s 10 to 19 form part of these finan¢lAI st*ttme#t$. Voitcs For Lif¢ Ar¢ounttng Policies Yeir ended 31 M&r¢h 2025 Basi5 of preparation 'rhe finan¥i#l %thi¢ineiits have been pr¢parcd on IhL hisiorieal Lust knsig ond are PTepar¢d in 51erlin& which is th¢ funciional ¢urren¢y of the ch￿lty rounda to the nearcst £1. 'I'hv finanLial slaiemeni% hnve trK'Ln prtparLJ ti? ¥iv¢ a"tru¢ and fair" vicw wid havc departed Irom the Chariii¢s IAILounis and Reports) Regul&tii)n% 2008 Dnly ie ihL ¢Xtimt rwuir¢d iv providc u truc ond fair vicw" 'I'hi% dcporturc ho% involvcd fDllawing th¢ ALLouniiiig ￿rtd RLpi)rtin¥ by Lh¢iriliis.' Stuieiiiuiil of Recoinm¢ndLd PraLiice applicable 10 chdriiies prLparing IhLir acci)uni% in a¢¢()rdanLi with thc l.inuncial Rcporting %iandRrd tor 4mallcr l..niilies publishLd on 16 July 2014 rdiher Ihart th¢ ALLounlingi yn(l Repuning by Chariiies.. Si&t¢mwni i)I'R¢iomm¢ndLd l>ructi¢¢ cffcctivL from l April 2005 which has since been wiihdrdwn. Goln% ton¢¢rn Th¢r¢ are no mat¢Tial uncertaintics about th¢ ¢hariiy'8 obility 10 continue. Dl$elo$ure exemptlon5 Th¢ ¢nii¢y %aiisfies the criteria of bcing a qualityin8 entity as defin¢d in FRS 102. A8 such. advaniage hths been txkcn of lh¢ folluwing diSLlosure exL'mpiions llvdil#bli und¢r p4rngrnph 1.12 of FRS 102.. IMI Ni) fluw 4tui¢tn¥nl h&% bL*n prL%Lniid for thL ¢hllriiy. Ibl I)1￿1{?￿lirL￿ in rL￿p￿1 of liDan¢ial iii%lrumLnts havL nui bcen presented. Judgement5 and key Jour¢es of estimatlon un¢tri¥ln¢y J'h¢ pr¢paralion ()I' thc financial statLinL'n15 fLquir¢s mJn4¥em¢ni lo muk¢.jud¥Ltn¢n15. L51imatL's and u55umpiions Ihtji ulTcci Ihc umi>unt% rctMiriLd. I'hcsc c%limuic% wid jud8Lm¥ni% ¢()rtliiiu#lly reviLwid aiid iiN bK%cd on ixperiiiiLL Und i>lhLr IiiLiors. iniluding Lxp¢Llalions ul. lulur¢ evcnls ihui llrL b¢li¢v¢d 10 k r￿￿￿)nable undLr Ihe Lircum%thnccs. Fund Aeeountlng (iLnLral unreslricl¢d in¢om¢ fund$ ¢omprise th05c I'und5 which the Irusiees are frL'L io u¥¢ for iny purp(i¥e in thc furth¢rance ofLh4LritablL objLctives. Dbsignai¢d unr¢¥ificicd lunds arc funds designaiid lor a pArti¢ulur Pur￿.￿ by Ihc trus1eL￿. IIL'%iriit¥d lunds ar¢ tunds r¢r¢ivcd lor purposes s[￿lIf1¢d hy lh¢ di)n()r4 tho.%c lund% arc Lxpcndcd in aLLI)rdanx' with doni>rb' wishL's. Ineome All inLI)me is inLlud¢d In lh¢ sluiem¢nt offin#nLial tsLIiviiiL'% wh¢n Liiliilcminl has pa%%Ld li) Ihl Lharily, il is pmhablc that thc cconumiL bLnLfii% ii%%iKiiilLd wilh lh¥ Iru11411i111)ii will Ili)w 10 IhL Lh&rily and Ihc amount can bi Nliably mL¥%urL'd. 'I'he rollowing Specific policie% 8rL' opplied tv particular calc80ri¢s of in¢om¢.' incomL fri)m donbiicini i?r ¥rAnlx Is rcc08nj￿d whLn the Lhllrily h&% cnliilcrncnl to Ihc funds. it is probabl¢ thai the in¢ome will b¥ reLLiVLd dnd thL dmouni Lan be m¢asur¢d rLliably 1% nÉ?t deterrcd. l¢gaLy inLoinL IS reLogni%¢d ill lh¢ Liirlicr of thc d81L l)n whiLh cithcr. I'hc charily 1% awarc thai pn)bai¢ hu5 b¢cn gronlcd, Ihc CSiaiL has bLLn find11￿.d diid ii()lifiLaiiun hds bLLn hy th¢ ex¢LUtorlsl lo lh¢ Irusi ihdi a distribution will bc madc. or whcn a disiribuiion is rL'ceivLd Ir()tn Ihc c%iaic. Kcccipi i)fa Ic8acy, in wholc or in part, is only Li>n%idL'red probabl¢ when the ￿nOUn1 can be measured relidbly ￿(t th¢ ¥hurity h85 becn n()tifi¢d of the executols inlcntion to m&k¢ o disiribulion. Income ￿ rLxoverable vrt 8ift uid donations is TLxogni5cd when Ihc donalion is rcccivcd. .ineum¢ fTOtn concerts is recognised when the conccrt is perform¢d. -incom¢ for n programmc of %chiiul WQTk%hop5 15 sprcad equally ￿tween ihe numb¢r of workshops within a programme and is rL*ognis¢d when each workshop 15 Comp1L￿1ed. io Voices For Life Aceounting Polities (conrln4ed) Ye*r ended Jl March 2024 Volunt¢trs and donAted $trvi¢e5 f*¢illties The valu¢ of vrvices provided by volunte¢TS is noi incorporated into these financial 51atemenls. Dtbtors .1 rnd¢ And oiheT debtors with no stated inierest raie and due wiihin one yeuT Jre recordcd at th¢ Amount of the ¢￿h or other consid¢ralion expLLled 10 be rceeiva. Pr¢puym¢nis arc valued at IhL amuunt paid. Expendl¢yre Lxpcnditur¢ is rccogniKd on an accruals basis as o liabiliiy is inLurred. Ex￿ndItUr￿ includes any VAT whi¢h cannot be fully r￿0vered, and is rlassifiLd undLT hciidin8s of the %lat¢Tneni nf financial a¢tivi(ics 10 whiLh il r¢laies. Expindilur¢ on Lharithbl¢ a¥*iYiiies include% all Lo%is incurrcd by u ¥hariiy in undLrtJk-ing activit1¢5 that lurther lis Lhorilubl uims I'or thc b¥n¢fii of its bcnifiLIHriis. inLluding Iho¥¥ suppurt iosts. und 10515 reluiin8 lo th¥ SOVLrn￿cL of th¥ chariiy pportiun¢d lu LharitAbl¢ aciivitiLs. LiabilitiLs are r¢cogni5ed when there is an obli¥alion al ihe balance %h¢¢l date a5 u re$uSt of a past evenL it is probabl¢ Ihai Iransler of UL()nUrnIL bLnelit will b¢ rwuirLd in %LiIILm¢ni, and Ihc um(>UDI of ihc sLtilLm¥ni can b¢ Lstimdt¢d reliably. l.iubiliiiis rL¥i)gnis¢d at ihc am()uni (hat thL charity anliLipai¢s it will pay Iu s¢iile ihe dibi Iir lh¢ 8mounl it h&4 rec¢ivcd a5 dvanccd puymeni& for the gio¢xl4 ur s¢rviLes it Inu%1 providc. IntAngible 1$$¢¢9 Inlangibl¢ a85¢ts are initially r¢wrd¢d llt w%1. and w¢ sub4equenily .%iai¢d JI cost le55 any ￿cuMUlated amortisaiion and impuirm¥nt li)sses. Amorllsfitlon AmcinL%aiion 1% ￿1¢u1￿1Ld lo wri1¢ UtT IhL U)yl ol. a&8eL ils estimalLd r¢%idulll v&luc, ov¢r lh¢ usLful lifc uf Ih#i l)cvclopm¥ni co8ls 20YD &lr&l8hi lin¢ If thLr¥ is &n iiidiLaiiuii Ihul ih¢re bLun a si¥nilirJni LhdngL in Amortiwiion rll￿. u5cful lifc or r¢¥idual value ofart ini#n¥iblL L%%cI, lh¢ umtsrtisalian 1% rcvib¢d pra%peciivLly lu N'll¢xi IhL llLW L41iinal¢s. Research and development RLsLwch ex￿nditu￿. is WriiILn off in thc p¥riod in which il is incuttcd. Voices For Life Accounting Policies fcomlttued) Year ended 31 March 2025 Dev¢lopmeni expenditur¢ invurred is Lapitalised as an inwigible ossei only when all of the followin8 criteria are met.. It is technically fwible to complete the intangible asset $0 ¢hai il will bc availabl¢ for us¢ or sal¢,. 'rhLrc 1% Ihc ini¢niiDn ID complctc thc inlangiblc asset and usc or Sell IL Th¢Y¢ 1% lh¢ abilily 10 USL (>r %ell thL inianEiblt as%ei- Th¢ ub¢ vr %¢il¢ uf Ihe inian¥ibl¥ will bT¢ntyrai¢ probabl¢ future economic benefit& There are ad¢qual¢ i¢Lhnical, financial and other rtsourc¢s av&ilable 10 ¢ompleie lh¢ d¢velopm¢ni and 10 use or sell the intungiblc ￿￿%¢1., ond The cxpcnditurc attributsLble to th¢ intangibl¢ a55el during it5 d￿cl￿pmen1 Can be measured reliably. Lxpbndilurc Ihat does noi meei IhL abDve LfiiLri4 1% ex￿nSed incurrcd. D¢pr¢¢ihtioh l)cprccialion is ulculalcd so lo writc ofTihc or Yaluulipn oran lex* ils r¢%iduJl value, 4Jvw Ih¢ us¢ltil cci)nomic Ilfi ofihai Assfl #% folli)w%'. Equiprneni Bciw#n 2 8nd 4 years sirai8hi line FSnftn¢lil In$trum¢nt$ A finan¢ial as¥cl or a finanLial liability 15 r¢cogni¥ed only whcn the entity keumes a p#rty to Ihe ¢i)nirn¢iual provisinn% of lh¢ inslrumcnt. 'h¥ Lhurily only ha% linonl1￿1 u%%¢lE and linanciul liabililii.4 ol. a kind Ihllt 4uulily a% h&%iL flttancial insirumenis whi¢h are initially r¢¥ogni%ed #i lh¢ Jini)uni ￿'￿¢Vabl￿ i)r puyublb in¥ludin¥ uny rL'Iui¥d Ir)n%u¢iiun ¥i)51s. CurrL'nl &￿￿.18 llnd curreni liabilitlLS ore 5ub$cqu¥m¢ly m¥L%ur¢d oi the cash or oihLr Lonsideroiion expecied lo be pAid or 12 Voices For Lif¢ Notes t(k the FiDatheiil Stlttments Ye#r ended 31 M9rth 2025 GtnerAI information Th¢ ¢harity is a charitable incorporated organisalion Und u publiG b¢nefil entity and was registered in F.ngland and Walc. on 28 September 202U. The oddre55 of thc principal offi¢¢ i% 128 Essirtp Lane. Colerne. Chippenham. SN14 8AX. St*ttmttht of compll*nee ThL￿e financial staiemenis ha¥¢ been pr¢pared in cotnplianre with FRS 102, The FinanLial R¢ponin8 %iandard appliLahle in Ihc IJK ￿rtd Ihc Rlpiiblic of Ircland,. th¢ Sthi¥mLni of RLtyi)mmLndLd Practicc applicable io charitiL% pN'poring IhLir aLii)unt% in occordancc with (he Financial Repuning 4tundord JppliLablL' in thL UK and Eiepublic ol. I￿land IFRS 1021 Ichariii¢% %oKp IfRS 10211 and the Charili¢s Act 2011. Don*tions ind leg8cies Unre51ricied Re51riLI Fund5 Tot41 Fundy DonRtiort$ 19.178 2,215 8.410 751 27,588 2.￿6 Gill Aid GrAnty Grttiiis receivable 611.5511 45.411 ResiriLied l.'unds Toial fund 2U24 27.943 2.069 43.050 412 70.993 2,481 Gill Aid GrAnts Grunis rL'cLi¥abl¥ IS.57¥ 53,57R 59.114U 12Y,1152 ChArllgble Aetlvltlej Unr¢btriLtLyJ R¢btri¢t¢d Totwl Fund$ WLllbcing and Mu%ic Programmes Chi)ir subsLripiii)n fce. oiher income 20.1187 330 2.662 20.417 391 391 20.478 2,992 23.47 IlnrLitricte Funds R¢%tri¢r¢d Funds Total l.'und8 2024 Wellbcing and Music Progrdmme5 Choir subsLripiion fees Oiher ittcom¢ 5.515 1,614 138 23.126 154 292 17.765 7,267 23.U32 13 Voltes For Lift Notes to the FinaTrcial Statements (Con￿￿￿e&) Ye4r ended 31 March 2025 Investment income Unre51fiL4¢d Totsl Funds Unresiri¢i¢d Total Fund5 2024 Bank inicrest reccivable 1,4114 1.494 Cost$ of fundraising Unrc%iricied Funds Total Funds UnreslriLILd Toial Fund% 2024 Fundrui¥ing cos15 14,11110 14.¥80 5.737 5,737 Expenditure on chArltgble At¢lvitle$ by fund type Unrcsiricied Trunds Rtslricled Funds TotAI Funds 2023 W¥llFK'ing Mu%ic l)rogrdmmes Supporl 39.744 2X,439 47.783 7.Y78 87,527 36.417 68,183 55.761 123.944 Unr¢4triLt¢d Resiriited I'oial fund 2024 Wellbein¥ and Musl¢ Pro8ramrn¥5 upport Ln%l$ 15.621 10,228 71.554 7.175 14.369 25.849 75,69J 101,544 Exptndltyre on ch#rltAble actlvltles by ictlvlty type Aclivilie5 und¥rlithin dirL'LIIy Totil funds 2025 Support co%ls 2024 WcllbL'in8 llnd Mu%ic l)rograinmL5 GovLni¥nLL LÉ)%15 ¥7.527 33,217 1,200 122.744 1.200 IVU.344 N7.527 36.417 121.944 101,544 AnAlysls of YUpp￿rt costs Total 2025 Toial 2024 CJov¢rn8ncL Losls Chorily sdmini#ra¢ion MarkL*lin¥ prtimolion Community. cngagcmcnt GenLrdl v￿1¢¢ costs AeLiiunlanry Depreciation 1.200 13.550 .282 6.037 3.456 4.315 1.759 4,300 772 2.023 2.679 36.417 14,369 14 Voitts For Life Notes to the Financiil Statements (conrfnued) YeAr ended 31 March 2025 10. Net Itxpethditurellintom¢ Nel lexpenditur¢llincotne is stated after char8in8 2025 2024 Aiiioriisaliun ol. inian8ible assets l)LprLxiaiion ol'iangible fixcd 8S*'ts 1,364 932 Independent ex#mill#tion fees 2025 20?4 reLs p￿Yabl¢ ID thc indepcndeni ex4min¢r for.. Ind¥p¥iidinl lxaminution ufth¥ linaiicial staiemenis ()IhLr tinanci￿1 sLrvic¢s 600 600 6110 1.200 1,200 12. St¥ff eoi¢$ I'h¢ ¥hAriiy did not Lmpluy any 5tstTduriny Ihe current or previous year. 13. Trustee remuntrAtlon and éxpon$¢8 No Irustee rcccived rernuncralion or r¢imburs¥m¢ni of ¢XPinK* during the ycNr. 14. Intxngible assets Development CQStS Cost Al l April 2024 Additii)n% fr()tn inlirnlll dcvclopmLnl% At 31 March 2025 5.455 7.075 Amort15AtI(p Ai l April 2024 ChurgL fi?r lh¢ year At 31 M*r¢h 202$ 1.091 2.4116 CArrying amo￿nt At 31 March 2025 4.6fi9 Ai 31 MdrLh 2024 4.364 l)igilal iraining and I¢￿h$￿8 rc50Urte5 havc bccn dcvelopLd and are b¢in¥ u%vd by Lhildren and 5choDls. 'I'he reyoure¢s provide a com effeciive meth(Kl of¢rt5uring projects can be accessed by & wider and rnore inclusivc audicnce. 15 Voite5 For Life Notes to the Financial Stxtement5 {eoHiillued) Year ended 31 Mgrth 2025 IS, TAngibl¢ fixed #55et$ Equipment Cost At l April 2024 Addili(In% 3.51)5 2.192 At )1 MArch 2025 5.71$7 D¢pretiAtion Al l April 2024 IciT Ihc ycar 976 ,364 At 31 March 2025 2,340 CArrykthE amount At JI March 2025 3.447 At 31 M*rch 2024 2.619 16. Debtors 2025 2024 Trdde Il¢hti)r% PrL'puym¢nis and ￿lru￿ income Gift Aid rLLLiv￿blC (iraiilx r¢cLiv&bl¥ OihLr dLbt(ir5 2,465 9.IY3 35.500 7.106 20,103 47.é79 17. Crtdbtor$: amounts filllDg due wlthln one ye•r 2024 'rrud¢ irL'dilor Accrual% und diliTred incume 8.451 2.830 19.952 2.1154 18. D¢ferred intome 2025 2024 Ai l April 2024 Ami)uni N'lcisld 10 iniomc 5.8511 15,8501 At 31 March 2028 D¢ferrcO incom¢ (onsists ofincom¢ r¢¢eived for school workshop5 whilh hove not yet taken pl￿¢. 16 Voitts For Life Nott$ to the Financlil Siatements (conrfn#ed) Year ended 31 M#r¢h 2025 19. Analysis olch*rlt8ble funds Unr¢$trided fund$ Al I'ransfers 31 March 2025 Ai l April 2024 Income Exwdiiure G¢n¢rul tund8 Lwdusi Exin￿rdInary. 211?.3 pri?gramine Curn ()pcroting ¢o%i$ Stardu%1 and Llcmint¥ 2024 prngrllmtne ProjLLt dcvelopmLnt cost5 l)rojLci dLliv¢ry custs Aniicipoied projccl shonfall 35.248 75,665 174.4261 15,072 24.136 18,6371 12,387 8.000 3.0110 19.5(K> 18,(MX)I 4,727 21.1100 7,7?7 41.300 89,8X4 73.665 183.0631 82.4X(I Ai 'I'rnnsfern 31 March 2024 Al l April 21123 In¢otne Expl￿dIture G¢n¢rlll fund 8i#r(lusl and F.xlrwrdin8ry. 211?I pr<)gr&immc 6.290 87.786 120.2761 13X.5521 35.248 16,0114 11.052 24,136 prcigrnrnrn 8,0(10 3,000 3.0(10 33.6114 87,786 131.5861 89.RR4 'I'h¢"¢orc LOSLS" d¢signatcd fund ¢untain5Brants from lh¥ l>¢oplcs Po.%li¥dc l.oltcry und oth¢rTrust 8fwii¥ and individuaj d()nthii()n% til cov¢r Ihc corc c4)¥ts ofihL chllriiy. 'h¢ 'projLLI dLlivcry" and 'pr()jiLI diwLlI?pminl" fund% ionioin m()nics sci a8id¢ I'rom dcinaiii?n4 gnd gr>Jnis Io CLiv¢r SPL'Lifi¢ projiKI d¥liv¢rics IL'.g. 13aih PTOjLXl%l or lulurL' d¢v¢lopmLni ol'ih¢ charity's ¢urr¢nl and aniicipaicd proj¢ct5. Th¥ uniiiipat¢d projiLI shontall. fund 3cts asiil¢ muni¢s requlr¥d io lh¢ unfundLd lost% of proj￿1% in Mtty and Jun¢ 21125. 'I'h¢ chaTIIy's 8en¢ral reserve% ofunre%iri¢lLd and npn.dL%i8naicd tiinds at lh¢ ycar end #rv £15.07212V24.. £35.2481. Voi¢e$ For Life Notes to tht Fin•thcial Statements (eortiin¥ed) Y¢¥r ended 31 March 2025 19. Anglysis of charilablt funds (coKlin4edJ Restricted funds At Transfers 31 Mar¢h 2025 At l April 2024 Income EKp¢nditure Siar(lu%t %lardusi devclcipm¢ni VoiLLS for Life Lhvir F.xlTiV)rdindry. Ilthur rL%tri¢tLd fund$ 10.528 18,036 1,197 2,504 4.685 14,US0 13.100 116,9361 14.9981 153UI 6,301 2.500 1,974 3.447 84 360 2.692 138x1 17.0001 5,179 lo.￿0 6,IX)O 14uih AhhLy 9.170 16.0001 16.3631 Spicific wl¢$ CurL' 15.000 iu,000 8,637 10,000 58,241 411.403 50,883 Al Trnnsfcrs 31 MarLh 2024 Al l April 2023 Income Expcndiiure Swrdusi %lardii%l dcvLlopment VoicL% for l.il4 ¢hoir 9.8116 25.0•¥ 1,327 2J,771 J,617 21,050 12U,4OXI 16.9921 10,528 18.036 1.197 2.5114 4.685 5,577 6.465 129.7321 IY.121 17.(IllNI 7,IIIKI 6.950 IU,111M) 5,179 10.000 6,iXIII Bath Abb¥y Si john's Founduiiun 2,4()5 12,4651 67.C)29 175.6951 511.241 'hL %lar(lu%i and V()i¢¥% li)r l.if¥ choir rLslriciLd funds Loniuin l¢¢¥ and di)nation% nxci¥¢d $P¢LifiLally toward5 ihi cost of¢Jiliviry lif L￿ch projiLt. The Bath Abb¢y re%iriiied fund Lonillin5 U grunt toward% ¢nablin8 Lhililren wiihin IJ&NI:.S io iit¢nd projLLls al Ihe Abbey. L4#ih r¢striLiLIl lund conlainid donation5 to b¢ u%¢d iowords any projccls ba5¢d in Ih¢ V4ath 8rc Th¥ Core resiriciLd lund contains a grant tD b¢ Used lowards corc c0515 ol'thc ¢h8riiy. SrKcific Rol¢s re5tri¢t¢d fund ¢onlains a grani lo k used towar(1$ 4osis ofspecific roles as ag￿ed with lh¢ fundLY. Thc "Othcr rc5tri¢t¢d fund ¢onthins fees and donation5 rcc¢iv¢d towards specific cost5 acr055 all proj¢Lts rdihcr Ihan toward5 delivery of J SP¢LifiL project, ¢.g. purchase of in51rum¢nts. The following reberves¥oniJin thL nLI bLN)k ¥alu¢ ol-intsngibl¥ a55¢ts funded from thcse reserve5.' Siardusl Ikv¢lopmcni £I.IM. Exlraordinaryl Ll.374, IKt'5 (lo £84 and Elcments £72. 18 Voices For Life Notes to th¢ Finineiil Ststtments (eo#iin#e Year ended 31 Mareh 2025 20. An&ly515 of net a$$ets bttween funds Unr¢slriLi¢J Resiricted Fund5 Total Funds 2025 Intangiblc asset5 lan¥ible lixLd assets (..u￿￿nI asscis CrLdiloT5 les5 Ihwi l year 2,630 2.075 59.507 {13,3291 4,609 3.447 145.205 119.95?) 1.372 85,698 16.6231 N¢t 98sets 82.486 511,883 133,369 Unrcstricted l.'und. R¢stri¢lLd Total Funds 2024 Inianoibli ass¢ts 'I'Jn¥ible lixed asset5 LurrLni &sscls Cr¢diiors les4 than l y¥&r 1.652 2.712 2.619 54,5(50 11.6501 4.3CI4 2.619 143.990 12.8541 89.436 11.2U41 89.11114 Net ass¢¢s 58.241 148,123 19