The National Youth Wind Orchestra
Trustees’ Report and Financial Statements for the year ended 31 October 2025
Registered Charity Number 1205305
2
The National Youth Wind Orchestra of Great Britain
Charity Information
| Patron | Sir Simon Rattle, OM, CBE |
|---|---|
| Honorary Advisors | James Gourlay |
| Jonathan Freeman-Attwood CBE | |
| Tim Reynish MBE | |
| Trustees | Paul Harris |
| Andrew Somerville | |
| Catherine Millar | |
| CEO & Artistic Director | Louisa Denby |
| Honorary Treasurer | Debbie Mealings ACMA CGMA |
| Registered Charity Number | 1205305 |
| Principal office | 15 Mallard Drive |
| Buckingham | |
| Bucks | |
| MK18 1GJ |
2
3
The National Youth Wind Orchestra
Contents
| Page | |
|---|---|
| Trustees’ report | 5 - 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10-14 |
4
The National Youth Wind Orchestra Trustees’ Report For the year ended 31 October 2025
The Trustees present their report and the financial statements for the year ended 31 October 2025.
Governing Instrument
The charity's objects and regulations are regulated by a trust deed dated 1 January 1986 and, under that deed, NYWO is constituted as an unincorporated association.
The National Youth Wind Orchestra (NYWO) was originally named The British Youth Wind Orchestra when founded by clarinettist Eric McGavin in 1968. Stephen Dodgson, Andrew McGavin, Robert Montgomery and Leonard Salzedo established it as a charity on 1[st] January 1986 and registered it with the Charity Commission on 28[th] February 1986. NYWO has benefited generations of young musicians, their parents and the community at large. Due to COVID-19 NYWO ceased running any courses during 2020 and the charity ran into financial difficulties leading to the closure of the National Youth Wind Orchestra of Great Britain (Charity No. 327024) in 2023.
In October 2023 The National Youth Wind Orchestra Charitable Incorporated Organisation was formed and registered with the Charity Commission with new Trustees.
The charity was established in order to advance the musical and orchestral development of young persons. There have been no changes in the charity's trust deed or objectives during the year.
Trustees and Management Team
The following officers of the charity have held office for the whole or a major part of the year.
Trustees
Paul Harris Andrew Somerville Catherine Millar
The trustees are permitted to appoint additional trustees under the terms of the trust deed.
Principal Officers
Honorary Treasurer – Debbie Mealings
5
The National Youth Wind Orchestra Trustees’ Report (continued) For the year ended 31 October 2025
Review of transactions and financial position
The statement of financial activities reflects the fact that the organisation received donated funds from the National Youth Wind Orchestra of Great Britain and ran their first course in April 2024. Bank and cash balances stand at £28,770 at the end of October 2025 with creditors of £4,042.
Reserves are needed to bridge the gap between receipts and payments should there be an unexpected fall in income. The trustees consider that the level of reserves are sufficient to ensure sufficient funds are available without impacting upon the provision of charitable services. This level has been met in the year ended 31 October 2025.
Risk Management
The Trustees have assessed the major risks to which the charity is exposed, in particular those relating to the operations and finances of the charity and are satisfied that systems are in place to mitigate exposure to the major risks facing the charity. The Trustees have also put in place mechanisms to frequently review potential risks and the measures in place to mitigate those risks.
Public Benefit
The charity carries out its core activities in pursuance of its charitable aims. The Trustees consider that these activities provide benefit both to those who directly receive services and the wider community. The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.
Meetings
The NYWO Board of Trustees and senior management team aim to meet formally at least three or four times per annum.
On-going activities
The NYWO resumed activities with a one-day chamber music course at the Royal Academy of Music in April 2024, its first event since the recent hiatus. The orchestra built on this success with a residential Main Orchestra course at Stamford School, Lincolnshire, in August 2025, conducted by Dr Glenn D. Price. The course brought together 36 excellent young players from across the UK (inc. representatives from England, Wales, and Northern Ireland), joined by members from Spain and Canada.
The players received sectional tuition from leading performers and educators, many of whom hold positions in professional orchestras and at conservatoires, including a number who are themselves NYWO alumni. The NYWO also established a successful partnership with the Royal Marines Band Service, and thirteen musicians of the Band of His Majesty's Royal Marines Scotland rehearsed and performed alongside the orchestra throughout the course. Generous individual donors funded £3,888 of scholarship support, which enabled eight deserving young musicians to take part.
The course concluded with a public concert on 9 August 2025, in which the orchestra performed a programme entitled "Around the World in Eighty Minutes", including Holst's First Suite in E-flat, Victoriano Valencia Rincón's Suite No. 2 for Band, Frank Ticheli's An American Elegy, and Yasuhide Ito’s Gloriosa.
6
The NYWO's 2026 activities comprise a residential Chamber course in April and a further Main Orchestra course in the summer. The Trustees have prepared the financial statements on a going concern basis, as they consider that sufficient cash reserves are available to support the NYWO's continuing activities.
Approved by the trustees on 28 August 2026 and signed on their behalf by:
Paul Harris Louisa Denby Trustee CEO & Artistic Director
7
The National Youth Wind Orchestra Statement of Financial Activities For the year ended 31 October 2025
| Unrestricted Restricted Funds Funds 31 2025 2025 Notes £ £ Incoming resources Course fees 2 30,111 - Donations and grants 3 9,348 - Restricted funds9- - Sale of tickets 781 - Bank interest 116 - _ _ Total incoming resources 40,356 - _ _ Resources expended Direct charitable expenditure (21,736) - Other expenditure: Management and administration of the charity (14,144) - _ _ Total resources expended 4 (35,880) - _ _ Net movement in funds 4,476 - Fund balances brought forward At 31 October 2024 89,893 - _ _ Fund balances carried forward At 31 October 2025 94,369 - |
Total Total October 31 October 2025 2024 £ £ 30,111 1,534 9,348 16,200 - - 781 - 116 174 _ _ 40,356 17,908 _ _ (21,736) (3,709) (14,144) (20,694) _ _ (35,880) (24,403) _ _ 4,476 (8,287) 89,893 81,606 _ _ 94,369 89,893 |
|---|---|
The notes on pages 10 to 14 form part of these financial statements
8
The National Youth Wind Orchestra Balance Sheet
As at 31 October 2025
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |||
| Fixed Assets | |||||||
| Tangible assets | 6 | 69,641 | 81,930 | ||||
| Cash at bank and in hand | 28,770 | 8,287 | |||||
| _ | _ | ||||||
| 98,411 | 90,217 | ||||||
| Creditors: amounts falling | |||||||
| due within one year | 7 | 4,042 | 324 | ||||
| _ | _ | ||||||
| Net current assets | 94,369 | 89,893 | |||||
| _ | _ | ||||||
| Total assets less current liabilities | 94,369 | 89,893 | |||||
| _ | _ | ||||||
| Funds | |||||||
| Unrestricted | 8 | 94,369 | 89,893 | ||||
| Restricted | - | - | |||||
| _ | _ | ||||||
| 94,369 | 89,893 | ||||||
| _ | _ |
The financial statements were approved by the Board on 28 August 2026 and signed on its behalf by: -
Paul Harris Louisa Denby Trustee CEO & Artistic Director
The notes on pages 10 to 14 form part of these financial statements
9
The National Youth Wind Orchestra Notes to the Financial Statements For the year ended 31 October 2025
1. Accounting Policies
1.1. Accounting convention
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK FRS 102 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom (FRS 102) and the Charities Act 2011.
The Charity constitutes a public benefit entity as defined by FRS 102.
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were required.
The financial statements have been prepared on a going concern basis. The Trustees have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. In particular, in response to the COVID-19 pandemic, the Trustees have tested their cash flow analysis to take into account the impact on their business of possible scenarios brought on by the impact of COVID-19, alongside the measures that they can take to mitigate the impact. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts
1.2 Donations and voluntary income
Donations and voluntary income are accounted for gross when received.
1.3 Grants receivable
Grants for immediate expenditure are accounted for when they become available.
Grants received for specific purposes are treated as restricted funds.
Grants restricted to future accounting periods are deferred and recognised in those periods.
1.4 Course fees
Income from course fees is recognised in the Statements of Financial Activities when the charity is Legally entitled to the income after performance conditions have been met, the value can be measured reliably and it is probable that the income will be received. This point is considered to be when the services are invoiced.
10
The National Youth Wind Orchestra Notes to the Financial Statements (continued) For the year ended 31 October 2025
1.5 Allocation of management and administration costs
Costs are allocated between direct charitable and other expenditure according to the nature of the cost. Where items involve more than one category they are apportioned between the categories according to the nature of the cost. Management costs are those functions that assist the work of the charity but do not directly undertake charitable activities.
1.6 Donated goods and services
Donated services and facilities are received by the charity from a number of sources. These services are considered immaterial to the function of the charity and no provision has been made in the financial statements for these services.
1.7 Tangible fixed assets and depreciation
Fixed assets for charity use are capitalised at cost, where acquired, or market value as determined by the trustees where donated. They are stated at cost/original value less depreciation: Musical instruments and administration equipment - 15% reducing balance
1.8 Cash at Bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less.
1.9 Creditors
Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured reliably.
2. Course Fees and Bursaries
Bursaries are granted, with assistance from other benefactors, by NYWO to support students
| 3. Donations and grants Donations |
2025 £ 9,348 ______ 9,348 |
|---|---|
11
The National Youth Wind Orchestra Notes to the Financial Statements (continued) For the year ended 31 October 2025
4. Analysis of Total Resources Expended
| Analysis of Total Resources Expended | ||
|---|---|---|
| Unrestricted Restricted Funds Funds £ £ Direct Charitable Expenditure Hire course venues 13,824 - Hire concert venues - - Recordings - - Hire and storage of musical instruments 540 - Music and royalties (571) - Transport and mileage 1.070 - Tutors/mentors 6,503 - Audition expenses 173 - Printing, post & stationery 197 - _ _ 21,736 - _ _ Unrestricted Restricted Funds Funds £ £ Management and Administration Fees and Subsistence - - Insurance 502 - Public relations and advertising 1,273 - IT and communications 79 - Professional Fees - - Bank & Pay Pal Fees - - Depreciation 12,290 - _ _ 14,144 - |
Total 2025 £ 13,824 - - 540 (571) 1,070 6,503 173 197 _ 21,736 _ Total 2025 £ - 502 1,273 79 - - 12,290 _ 14,144 |
Total 2024 £ 1,381 - - 530 - - 1,750 - 48 _ 3,709 |
| _ Total 2024 £ - 324 1,070 - 4,812 30 14,458 _____ 20,694 |
The members of the Board of Trustees received no remuneration during the year.
12
The National Youth Wind Orchestra Notes to the Financial Statements (continued) For the year ended 31 October 2025
| 5. Creditors: independent examiner’s fees Accruals and creditors 6. Tangible fixed assets Cost At 16 October 2024 Additions At 31 October 2025 Depreciation At 16 October 2024 Charge for the year At 31 October 2025 Net book value At 16 October 2024 At 31 October 2025 |
2025 2024 £ £ - - _ _ Musical Instruments £ - 96,388 - _ 96,388 _ 14,458 12,290 _ 26,748 _ 81,930 _ 69,640 |
|---|---|
13
The National Youth Wind Orchestra Notes to the Financial Statements (continued) For the year ended 31 October 2025
| 7. Creditors: amounts falling due within one year Accruals and creditors 8. Unrestricted funds Balance at 31 October 2024 Net movement in funds Balance at 31 October 2025 |
2025 £ 4,042 _ 2025 £ 89,893 4,476 _ 94,369 |
2024 £ 324 _ 2024 £ - 89,893 _ 89,893 |
|---|---|---|
The unrestricted fund is necessary to enable the charity to fulfil its objectives, to meet existing commitments, to provide a fund for tangible asset replacement, and to enable the charity to meet its day-to-day working capital requirements.
The Charity aims to achieve a reserve level assessed at a figure equivalent to 6 months operating costs and is subject to an annual risk assessment of obligations and liabilities.
14
The National Youth Wind Orchestra
Trustees’ Report and Financial Statements for the year ended 31 October 2025
Registered Charity Number 1205305
2
The National Youth Wind Orchestra of Great Britain
Charity Information
| Patron | Sir Simon Rattle, OM, CBE |
|---|---|
| Honorary Advisors | James Gourlay |
| Jonathan Freeman-Attwood CBE | |
| Tim Reynish MBE | |
| Trustees | Paul Harris |
| Andrew Somerville | |
| Catherine Millar | |
| CEO & Artistic Director | Louisa Denby |
| Honorary Treasurer | Debbie Mealings ACMA CGMA |
| Registered Charity Number | 1205305 |
| Principal office | 15 Mallard Drive |
| Buckingham | |
| Bucks | |
| MK18 1GJ |
2
3
The National Youth Wind Orchestra
Contents
| Page | |
|---|---|
| Trustees’ report | 5 - 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10-14 |
4
The National Youth Wind Orchestra Trustees’ Report For the year ended 31 October 2025
The Trustees present their report and the financial statements for the year ended 31 October 2025.
Governing Instrument
The charity's objects and regulations are regulated by a trust deed dated 1 January 1986 and, under that deed, NYWO is constituted as an unincorporated association.
The National Youth Wind Orchestra (NYWO) was originally named The British Youth Wind Orchestra when founded by clarinettist Eric McGavin in 1968. Stephen Dodgson, Andrew McGavin, Robert Montgomery and Leonard Salzedo established it as a charity on 1[st] January 1986 and registered it with the Charity Commission on 28[th] February 1986. NYWO has benefited generations of young musicians, their parents and the community at large. Due to COVID-19 NYWO ceased running any courses during 2020 and the charity ran into financial difficulties leading to the closure of the National Youth Wind Orchestra of Great Britain (Charity No. 327024) in 2023.
In October 2023 The National Youth Wind Orchestra Charitable Incorporated Organisation was formed and registered with the Charity Commission with new Trustees.
The charity was established in order to advance the musical and orchestral development of young persons. There have been no changes in the charity's trust deed or objectives during the year.
Trustees and Management Team
The following officers of the charity have held office for the whole or a major part of the year.
Trustees
Paul Harris Andrew Somerville Catherine Millar
The trustees are permitted to appoint additional trustees under the terms of the trust deed.
Principal Officers
Honorary Treasurer – Debbie Mealings
5
The National Youth Wind Orchestra Trustees’ Report (continued) For the year ended 31 October 2025
Review of transactions and financial position
The statement of financial activities reflects the fact that the organisation received donated funds from the National Youth Wind Orchestra of Great Britain and ran their first course in April 2024. Bank and cash balances stand at £28,770 at the end of October 2025 with creditors of £4,042.
Reserves are needed to bridge the gap between receipts and payments should there be an unexpected fall in income. The trustees consider that the level of reserves are sufficient to ensure sufficient funds are available without impacting upon the provision of charitable services. This level has been met in the year ended 31 October 2025.
Risk Management
The Trustees have assessed the major risks to which the charity is exposed, in particular those relating to the operations and finances of the charity and are satisfied that systems are in place to mitigate exposure to the major risks facing the charity. The Trustees have also put in place mechanisms to frequently review potential risks and the measures in place to mitigate those risks.
Public Benefit
The charity carries out its core activities in pursuance of its charitable aims. The Trustees consider that these activities provide benefit both to those who directly receive services and the wider community. The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.
Meetings
The NYWO Board of Trustees and senior management team aim to meet formally at least three or four times per annum.
On-going activities
The NYWO resumed activities with a one-day chamber music course at the Royal Academy of Music in April 2024, its first event since the recent hiatus. The orchestra built on this success with a residential Main Orchestra course at Stamford School, Lincolnshire, in August 2025, conducted by Dr Glenn D. Price. The course brought together 36 excellent young players from across the UK (inc. representatives from England, Wales, and Northern Ireland), joined by members from Spain and Canada.
The players received sectional tuition from leading performers and educators, many of whom hold positions in professional orchestras and at conservatoires, including a number who are themselves NYWO alumni. The NYWO also established a successful partnership with the Royal Marines Band Service, and thirteen musicians of the Band of His Majesty's Royal Marines Scotland rehearsed and performed alongside the orchestra throughout the course. Generous individual donors funded £3,888 of scholarship support, which enabled eight deserving young musicians to take part.
The course concluded with a public concert on 9 August 2025, in which the orchestra performed a programme entitled "Around the World in Eighty Minutes", including Holst's First Suite in E-flat, Victoriano Valencia Rincón's Suite No. 2 for Band, Frank Ticheli's An American Elegy, and Yasuhide Ito’s Gloriosa.
6
The NYWO's 2026 activities comprise a residential Chamber course in April and a further Main Orchestra course in the summer. The Trustees have prepared the financial statements on a going concern basis, as they consider that sufficient cash reserves are available to support the NYWO's continuing activities.
Approved by the trustees on 28 August 2026 and signed on their behalf by:
Paul Harris Louisa Denby Trustee CEO & Artistic Director
7
The National Youth Wind Orchestra Statement of Financial Activities For the year ended 31 October 2025
| Unrestricted Restricted Funds Funds 31 2025 2025 Notes £ £ Incoming resources Course fees 2 30,111 - Donations and grants 3 9,348 - Restricted funds9- - Sale of tickets 781 - Bank interest 116 - _ _ Total incoming resources 40,356 - _ _ Resources expended Direct charitable expenditure (21,736) - Other expenditure: Management and administration of the charity (14,144) - _ _ Total resources expended 4 (35,880) - _ _ Net movement in funds 4,476 - Fund balances brought forward At 31 October 2024 89,893 - _ _ Fund balances carried forward At 31 October 2025 94,369 - |
Total Total October 31 October 2025 2024 £ £ 30,111 1,534 9,348 16,200 - - 781 - 116 174 _ _ 40,356 17,908 _ _ (21,736) (3,709) (14,144) (20,694) _ _ (35,880) (24,403) _ _ 4,476 (8,287) 89,893 81,606 _ _ 94,369 89,893 |
|---|---|
The notes on pages 10 to 14 form part of these financial statements
8
The National Youth Wind Orchestra Balance Sheet
As at 31 October 2025
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |||
| Fixed Assets | |||||||
| Tangible assets | 6 | 69,641 | 81,930 | ||||
| Cash at bank and in hand | 28,770 | 8,287 | |||||
| _ | _ | ||||||
| 98,411 | 90,217 | ||||||
| Creditors: amounts falling | |||||||
| due within one year | 7 | 4,042 | 324 | ||||
| _ | _ | ||||||
| Net current assets | 94,369 | 89,893 | |||||
| _ | _ | ||||||
| Total assets less current liabilities | 94,369 | 89,893 | |||||
| _ | _ | ||||||
| Funds | |||||||
| Unrestricted | 8 | 94,369 | 89,893 | ||||
| Restricted | - | - | |||||
| _ | _ | ||||||
| 94,369 | 89,893 | ||||||
| _ | _ |
The financial statements were approved by the Board on 28 August 2026 and signed on its behalf by: -
Paul Harris Louisa Denby Trustee CEO & Artistic Director
The notes on pages 10 to 14 form part of these financial statements
9
The National Youth Wind Orchestra Notes to the Financial Statements For the year ended 31 October 2025
1. Accounting Policies
1.1. Accounting convention
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK FRS 102 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom (FRS 102) and the Charities Act 2011.
The Charity constitutes a public benefit entity as defined by FRS 102.
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were required.
The financial statements have been prepared on a going concern basis. The Trustees have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. In particular, in response to the COVID-19 pandemic, the Trustees have tested their cash flow analysis to take into account the impact on their business of possible scenarios brought on by the impact of COVID-19, alongside the measures that they can take to mitigate the impact. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts
1.2 Donations and voluntary income
Donations and voluntary income are accounted for gross when received.
1.3 Grants receivable
Grants for immediate expenditure are accounted for when they become available.
Grants received for specific purposes are treated as restricted funds.
Grants restricted to future accounting periods are deferred and recognised in those periods.
1.4 Course fees
Income from course fees is recognised in the Statements of Financial Activities when the charity is Legally entitled to the income after performance conditions have been met, the value can be measured reliably and it is probable that the income will be received. This point is considered to be when the services are invoiced.
10
The National Youth Wind Orchestra Notes to the Financial Statements (continued) For the year ended 31 October 2025
1.5 Allocation of management and administration costs
Costs are allocated between direct charitable and other expenditure according to the nature of the cost. Where items involve more than one category they are apportioned between the categories according to the nature of the cost. Management costs are those functions that assist the work of the charity but do not directly undertake charitable activities.
1.6 Donated goods and services
Donated services and facilities are received by the charity from a number of sources. These services are considered immaterial to the function of the charity and no provision has been made in the financial statements for these services.
1.7 Tangible fixed assets and depreciation
Fixed assets for charity use are capitalised at cost, where acquired, or market value as determined by the trustees where donated. They are stated at cost/original value less depreciation: Musical instruments and administration equipment - 15% reducing balance
1.8 Cash at Bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less.
1.9 Creditors
Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured reliably.
2. Course Fees and Bursaries
Bursaries are granted, with assistance from other benefactors, by NYWO to support students
| 3. Donations and grants Donations |
2025 £ 9,348 ______ 9,348 |
|---|---|
11
The National Youth Wind Orchestra Notes to the Financial Statements (continued) For the year ended 31 October 2025
4. Analysis of Total Resources Expended
| Analysis of Total Resources Expended | ||
|---|---|---|
| Unrestricted Restricted Funds Funds £ £ Direct Charitable Expenditure Hire course venues 13,824 - Hire concert venues - - Recordings - - Hire and storage of musical instruments 540 - Music and royalties (571) - Transport and mileage 1.070 - Tutors/mentors 6,503 - Audition expenses 173 - Printing, post & stationery 197 - _ _ 21,736 - _ _ Unrestricted Restricted Funds Funds £ £ Management and Administration Fees and Subsistence - - Insurance 502 - Public relations and advertising 1,273 - IT and communications 79 - Professional Fees - - Bank & Pay Pal Fees - - Depreciation 12,290 - _ _ 14,144 - |
Total 2025 £ 13,824 - - 540 (571) 1,070 6,503 173 197 _ 21,736 _ Total 2025 £ - 502 1,273 79 - - 12,290 _ 14,144 |
Total 2024 £ 1,381 - - 530 - - 1,750 - 48 _ 3,709 |
| _ Total 2024 £ - 324 1,070 - 4,812 30 14,458 _____ 20,694 |
The members of the Board of Trustees received no remuneration during the year.
12
The National Youth Wind Orchestra Notes to the Financial Statements (continued) For the year ended 31 October 2025
| 5. Creditors: independent examiner’s fees Accruals and creditors 6. Tangible fixed assets Cost At 16 October 2024 Additions At 31 October 2025 Depreciation At 16 October 2024 Charge for the year At 31 October 2025 Net book value At 16 October 2024 At 31 October 2025 |
2025 2024 £ £ - - _ _ Musical Instruments £ - 96,388 - _ 96,388 _ 14,458 12,290 _ 26,748 _ 81,930 _ 69,640 |
|---|---|
13
The National Youth Wind Orchestra Notes to the Financial Statements (continued) For the year ended 31 October 2025
| 7. Creditors: amounts falling due within one year Accruals and creditors 8. Unrestricted funds Balance at 31 October 2024 Net movement in funds Balance at 31 October 2025 |
2025 £ 4,042 _ 2025 £ 89,893 4,476 _ 94,369 |
2024 £ 324 _ 2024 £ - 89,893 _ 89,893 |
|---|---|---|
The unrestricted fund is necessary to enable the charity to fulfil its objectives, to meet existing commitments, to provide a fund for tangible asset replacement, and to enable the charity to meet its day-to-day working capital requirements.
The Charity aims to achieve a reserve level assessed at a figure equivalent to 6 months operating costs and is subject to an annual risk assessment of obligations and liabilities.
14
Independent examiner's report on the accounts
| Section A Independent Examiner’s Report | Section A Independent Examiner’s Report |
|---|---|
| Report to the trustees On accounts for the year ended Set out on pages |
The National Youth Wind Orchestra 31 October 2025 Charity no (if any) 1205305 7-13 |
| 7-13 |
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 October 2025. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Date: 28 July 2026
Signed: Name: Simon Brown Relevant professional Fellow of the Institute of Chartered Accountants in England and Wales qualification(s) or body (if any): Address: C/o Dowing College, Regent Street, Cambridge CB2 1DQ
1
Oct 2018
IER
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
Oct 2018
IER