2024-12-31-accounts

aking usic NATIONAL FEDERATION OF MUSIC SOCIETIES Tradin8 as Making Music Annual Report and Financial Statements For the year ended 31 December 2024 Company Number 308632 Registered Charity in England and Wales Number 249219 Registered Charity In Scotland Number SC038849

aking usic Natlonal Federatlon of Muslc Socletles Annual Report & Financial Siatements For the year ended 31 December 2024 Contents Directors, and trustees, report .. Independent auditor's report 29 Consolidated statement of financial activitie5 .................-..............-............. 33 Consolidated balance sheet ..................-...............................-..........................-. 34 Charlty balance sheet ...............-.....-..............................-..............................-.... 35 cor￿OI7dated statement of ca5hflow5 .-....................................-........................ 36 Notes to the financial statements ......- ....... .....-............. 37

aking usic Natlonal Federatlon of Muslc Socletles •lnnual Report For the year ended 31 ￿ember 2024 Reference and administrative details Name of Charity National Federation of Muslc Societies trading as Making Music Company Number 308632 Charity Number 249219 IEngtand) SC038849 (Scotland Prlnclpal Offlce & e81stered Office Directors and Trustees 4 London Wall Place London EC2Y SAU 8 Holyrood Street London SE1 2EL {untll 7 Aprll 2025) Rhiannon Harrison Dorothy Wilson MBE FRSA Andrew Devine Peter Burchill Jayne Barr Robert Guest Margaret Harrison Edward.Rhy5 Harry Nick James Paul hlcKinley Kathy IAcLeish William Prideaux Philip O'Rav Andrew Rixon Valerie Taylor Catherine Trnvers Neil Weir Chair Vice Cholr Treasurer (from 28 Ausust 2024) (former Tre05urer, retired 26 June 2024) (appointed 26 June 20241 (appolnted 26 June 3024) (retired 12 Morch 2025) (retired 26 June 2024) (retired 28 December 2024) (opp)inted 26 June 2024) (oppolnted 8 July 2024) Iretired 26 June 2024) Key Management Barbara Eifler Alison Reeves Chief Executive L)eputy Chief Executive - Advocacy & LobbOng Deputy Chlef Executlve . Membershlp & L)evelopment Finonce Director Ben Saffell Helen Evans Bankers CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ Flagstone Group Ltd Clareville House 26-27 Oxendon Street London SW1 Y 4EL Sollcltors Bates Wells 10 Queen Street Place London EC4R 18E Independent Audltor James Mathleson FCA Lindeyer Francis Ferguson Llmited Chartered Accountants North House, 198 High Street Tonbridge Kent TN9 1BE

aking usic Natlonal Federatlon of Muslc Socletles Annual Report For the year ended 31 December 2024 The trustees (who are also the directors of the company for the purposes of company lawl present their report together with the audited group and parent charity financial statements for the year ended 31 December 2024. The flnancial statements have been prepared In accordance with the accounting policies Set out in the notes to the financial statements and in accordance with the governing document. current statutory requirements and the provlsions of "Acc￿nting and Reporting by Charities: Statement of Recommended Practlce applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191 (Charities SORPI. i*.. Maklng Muslc - who we are Making Music 15 a charity and the UK ass(Kiation for leisure.time music, with around 4,1))O music groups in membership, comprising around 240.(X)O hobby musicians. We support members wlth practlcal servtes and artistic development opportunities, connect them with each other, the wider sector and relevant other organisalions, and celebrate and advocate for the leisure-time music sector and its benefits - physical. social. psychological, educational, economic - to individuals, communities and policy makers. We seek to ensure that conditlons are rfght for leisure-time muslc 8roups to f lourish, for the beneflt of society.

aking usic Natknal Federatlon of Muslc Socletles Annual Report For the year ended 31 December 2024 r￿leY 51nsw5 Summary of the year Our Arts Councll England funded INCLUDE project contlnued to dellver more Inslghts and learning than we had anticipated. The le8acy, from 2025, will not be another-report-to. file, but a practical toolkit to help other music groups go on the journey of including a vlder range of participants frorn their communitles In thelr actlvlty. 4 With the funding support from Esmée Fairbairn Foundation. we were able to expand our work In lobbylng and advocating for leisure-time music, reSP￿ling to a record number of consultations,and ernwwering groups to do 50, too. O It also allowed us to build our pro-active cafflpaigns #MakeSpaceForMusic and Tax Relief for Choirs. We supported ever more members to clalm creative tax relSefs, currently wlth a 100% Success rate Ino clairn disallowed), and now have the data to prove the transformative power of Orchestra and Theatre Tax Reliefs on groups. in terms of ambition and spend. O The year has seen a continued focus on the new website project (due to launch August 20251. Its completion will allow us to support members better, reach potential members more effectively and free up team time for cruclal one to one support. O Members have recovered from Covid financially, with their income brackets back to pre. Covid levels {and rislng further In the 2025 renewals). O The fflembership team continue to review service5 and streamline processes, in order to be able to focus as much time as possible on the highly appreciated one to one support for the more complicated challenges our members face. In 2024, changes included: o dlscontlnuing our DBS service Inegotlatlng a deal with another suppllerl o expanding further the capacity for supporting members to set up a lVA Platform (template Online admin tool and website) o partnering with Easyfundraislng to help members fundraise. After a prolonged gap, we welcomed a new Marketing I•Anager, meaning a renewed focus on understandlng and attracting new members to the Maklng Music famlly. rf l)rfer the course of the year, we have been working towards moving office In 2025.

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the year ended 31 December 2024 Objectives and activities What does Maklng Muslc do7 Support members.. practical serwces, tools and guidance, aTrJ artistic development opportunities; facilitating and building connections between members and between members and relevant experts and stakeholders. empowering everyone and anyone to Set up and run a resilient and sustainable leisure.time music group. and supporting groups to keep growing. f ind inspiration and aspire to excellence; celebrating and highlighting our members, achievements; and standing up for their needs with policy makers and other stakeholders. Support lei5ure-tirne music.. standlng up for and celebratlng the lelsure-tlme muslc sector lof which our members are partl to policy makers so that policy can take into account the individual and community benefits of participating in music as a hobby. and to the general public so that more new people are able to draw down such beneflts and may be encouraged to Join one of our member 8roups. Our 5 year plan was published in January 2023 and runs until December 2027. Our bellef We believe in the value of leisure.time music sroup5 (to individuals, comrnunities and society). Our vision Everyone has the opportunity to be part of a music group. Our mlsslon To support. connect. champion and celebrate groups of people making and presenting music In their communities. Our values We are respectful of everyone we connect with We Ilsten, we care, we are always learn5ng We are transparent and value the trust we earn We share and collaborate generously We do what we say we're going to do We are facilltators, we empowLY Our four alm5 A. Muslc groups make the most of Makln8 Muslc as thelr home and ally B. Muslc groups are more sustafnable C. Muslc groups are connected D. Lelsure-tlffle muslc Is reco8nlsed and valued

aking USIC Natlonal Federatlon of Muslc Socletles Annual Report For the year ended 31 December 2024 How do our activities benefit the public? Our main activities and who we 5UPPOrt are described below. All our charitable activitie5 focus on our charitable objective to 'maintain, improve and advance education by promoting the art and practice and public perfOrm￿ce of music throughout the United Kingdom and In other countries. and are delivered to further that charitable purp05e for the public benefit. The trustee5 have complied with their duty to have regard to the Charity Commi55ion'5 guidance on publlc beneflt when exerclslng any powers or dutles to whlch the suldance Is relevant. The trustees are confldent that Maklng Muslc's actlvltles offer publlc beneflt: All individuals in society have the potential to benefit f rom the activities of Maklng Muslc, for example its publicly available search facility on the website I'Find a Group. I, and from the activities of its members, either by joining a leisure.time music group or experiencing their performances, workshops and oiher event5. hlaking Music's advocacy work is of benefit to all. whether or not they are involved In music already, by seeking to maintain or establish an environment in which live muslc. making by and for everyone can flourish and be available to participant5 and audience5 In communities across ihe UK. There are no restrictions on membership of Making Music, any leisure-time music group can become an Associate Member, although Full Alembership is restricted to not.for.proflt constituted groups. Flnanclal asslstance with Joinlng Making Muslc Is consldered In cases of individual hardshlp. Since 2015 Making Music has had a specially reduced rate 150% discount) for new groups Just settin8 up and for youth gr¢)up5125%1 where all partlclpants are 21 or under. Staff at Moklns Muslc ore ol¥Yays frlendly, helpful ond responslve. Thry exploln thlnss very well and put me ot ease whenever I telephone, coupled with alwoys belns efficient and professlonal - Makln8 Muslc member How does society benefit? Leisure-time music groups made up of hobby musicians create many benefits for the Individuals taking part in their musical activity; for the individua15 experiencin8 the resulting performances: and for the communities in vthich they are active. For individuals, there Is now a large and growing body of research which provides clear evidence of the 50cial, educati¢Jnal, psychological, and biological {physical health and well-beingl benefits of group music activity. For society. there is a developing evidence base to show that connectedness across socio-economic and cultural divides within communities through group activity brings many benefits to a local area, including making it a more desirable place to live and work, contributing to place-making and regeneration. Leisure-time music groups also raise millions of p￿ndS annually for local charitles and community resources

aking U51C Natlonal Federatlon of Muslc Socletles Annual Report For the year ended 31 December 2024 o For their audiences. the events our members present may be the only locally available and accesslble Ilve rnuslc, so for them, too, there are social, educatlonal and well.belng beneflts o These locally created and promoted events also play a signif icant part in generating pride of place and raising the ambitions of a community For the economy, these groups collectively have a significant financial impact. Whllst Small individually169% had a turnover of below £14.5k a yearl. they are estimated to be around 13.5CiI in number across the UK. comprising around 8CQ,000 participants. 98% of them engage a conductorlmusical director and contract professional musicians in some capaclty {includlng soloists, accompaiists, etc. I with fees an estimated £123m a year. commissioning 1 ICQ new pieces of music and 61x1 arrangements annually; spending slgnif icantly with suppliers such as music publishers and other sheet music providers 1£5.7m a yearl. retailers linstruments. accessories). on promotion. etc. All these benefits are created by very small groups led and run by volunteers. Making Muslc's support enables them to continue provid'ng these benefits to individuals and society and facilltates more and dlfferent people benefltting by joining or settlng up such music groups. Thanks The Board would like to thank the Staff throughout the UK who continue to put in huge efforts on behalf of members. We are fortunate that every member of staff is deeply committed to the cause of live music-making in communitles. In 2024, they continL tlrelessly to support members and respond to thelr needs. Our thanks also go to the funders who supported activity during 2024. These are: Esmée Fairbairn Foundation, Arts Council England {ACEI, Creative Scotland, PRS Foundation and the Philip & Dorothy Green Music Trust. Maklng hluslc also owes Its volunteers a large debt of thanks and would Ilke to take thls opportunlty to thank them and pay tribute to thelr dedication and enthusiasm: 1 President, 14 Board members, 2 Mus?c Bank volunteers. We also have a 'bank' of 71 Llsteners standlng by to help benchmark professlonal performers and small ensembles when our Recommended Artists Guide 8oe5 online with the new web51te in 2025 thank you to them for their patience during this temporary suspension due to website development. Thank you also to the Members who generously volunteer their expertise or practical help on various occasions when we put a call out. IAoking Alusic are greatl Ever￿)ne I have met from Mokins Music hos been very knowledgeoble ond helpful. Their onllne resource5 are incredibly useful. (Tonyue & Gr(￿ve cholr) - Maklng Muslc member 99

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fff the year ended 31 December 2024 Peterboioiiyn Community Orchestia Ucllield Concert 8ras5 Achlevements and performance Our current 5 year plan can be found here: ht uslannual-re ort-and-accounts in kl 1. Supportlng members A. Muslc groups make the most of Makin8 Muslc as their home and ally Thls alm Is about ensurln8 that music gr￿p$ are aware of the full range of support avallable to them through their membership of hlaking Music and that they know how to access that offer. In 2024, Making Music continued to focus on the first part of that aim. the foundations for the second part were being laid by work on the new website and digital delivery portal which will make It easler for memf)ers to access the support relevant to them. Th5$ will launch in 2025. WHAT WE DID: Event., Making the most of your membership, 67 {821 attendees o NEW monthly email newsletter for members only, MemberNotes. highlighting resources avallable to members - two In 2024: November, December, malllng Ilst of 8,328 Articleslli5tings for membership services and resource5 in print magazine Hishnotes, published three times a year and sent to members o Monthly email newsletter iNotes and separate Wales, Scotland, Northem Ireland updates highlighted resources and events Fortnightly broadcast emai15 at￿ut PIAking Music's events for members Sharlng of relevant resources arKI other support avallable durln8 each of hlakln8 Music's online events in the year RESULTS IN NUMBERS: Total vlews of resources in 2024: 319.359 {2023: 189.9321 o Number of users Ilnked to a gyoup as a member: 16,136 s 4.1 average per group 12023: 14,485 4 average) o Number who were new website users: 1,983112.3% of totall 12023: 1.844. 12.7%) o Number of individuals logging in: 6.970 143.2% of totall12023: 6.271, 43. 3%) o Number of grwps represented by those1098ing In: 3,478 189. 32% of totall 12023: 3,439, 96.1%)

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 o Over 2,695 phone calls wlth 1.122 groups {2023: over 2,216 calls with 972 groups) Member Interactlon5 reglstered on Customer Relations Management system: 8,580 with 1,744 groups 12023: 7,986, with 1.968 groups) We buddled up member groups to share thelr learnlnq on speclflc services: In 2024, we made 18 12023: 671 connections between 36 12023: 1341 groups - 1312023: 58} regarding of hlaklng Music Platform, 5 (2023: 91 regarding Orchestra Tax Relief B. Muslc groups are more sustainable Thls alm ha5 four objectives 51ttlng underneath it. 1) Ffnanclally re5111ent Z) Wlth robust governance 3> Open to change; embraclng new opportunltles 41 Skllled: prepared for a digltal future 1) Flnancially re5tllent This objective is about helping music groups maximise their incorne. minimlse thelr costs and having the right tts)Is and support at their disposal to manage their flnances, as well as SUPPOrting the individuals who manage group finances as volunteers (the Treasurers). WHAT WE DID: o Event on Gift Ald, 118 attendees 2 events on Creatlve Tax Rellefs, 99 attendee5 o Event 'Breaklro8 Even - the flnances of runnln8 a muslc 8roup' 67 attendees 2 Treasurers. Networks, 123 attendees Artlcle on Treasurers in Highnotes Autumn Event 'Where do I flnd sheet music and at what price., 115 attendee5 2 updated resources (Discounts; Recommended Rates for En8aging Professionals) 1 new resource (recordlng of sheet music event), 464 viev Promoted corporate mernbers. dlscounts, to help grtyjps mana8e thelr costs, including 3 new ones resources. via monthly iNotes and blogs Informed members of speclflcally relevant fundln8. via our Fundln8 Flnder tool 121 new entries, 2023: 391. RESULTS IN NUMBERS: 77 12023: 72 I members used Orchestra Tax Rellef £521,000 was paid out to members under thls tax relief 12023: £381,000) 912023: 141 members newly registered to use the service durin8 2024 0 512023: 21 members used Theatre Tax Rellef £16.500 was paid out to members under thls tax rellef12023: c9.(￿) 3 12023: 21 member5 newly registered to Use the service during 2024 93% of member5 took Insurance in 2024 12023: 93% Fundln8 Flnder tool. 4.328 views12023: 4.4611 47 promoters supported with subsidy between 2021 and 2024 18 had never previously claimed a subsidy £4,711 pald out In total over 3 years Phlllp & Dorothy Green Young Artlsts subsidie5 - 2024 avallable funds spent. 26 groups used12023: 40)

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 6 had never previously claimed this subsidy12023: 111 £9,800 paid out 12023: £4,850) Relevant resources and events were re9￿arlY highlighted in broadcast emalls, in monthly email newsletter iNotes and in the print magazine Highnotes. 2) Wlth robust governance This objective is ab￿t supportin8 music groups to Ch¢￿ and put in place the most appropriate legal structure, to be compliant with any relevant legislation and regulations; and to have the right land right number) of volunteers to run and govern their group. WHAT WE DID: Event on Performln8 Rlghts Soclety (PRSI rules arrfl royalties, 104 attendees o Event on Enqagln8 and Workin8 Wlth the Musical Leader of your group, 46 attendees. we a150 followed this up with a new re50urce, 1,251 view5; and an article in Highnote5 Promoted hlm Safe service, in partnership with Brass Bands England, which makes administration and management of child licensing requirements easier for groups wishing to include young peoFle regularly in their activity or perform with them for their events. Includes safeguarding training. Resource on MM Safe. 733 views12023: 447) RESULTS IN NUMBERS: CharltylCIO reglstratlon, used by 42 groups 12023: 34 PRS - resources and declarationslroyalties collection servlce Resources viewed 28.483 times (2023: 9.3821 £168.125 royalties collected from members12023: £96.3181 Safe8uardlng WA Safe used by 14 members 12023: 81 Safe and other safeguarding resources, 4,360 views {2023: 3,9911 228 OBS checks carried out 12023: 3041 this service has now been discontinued., we have negotiated a Ibetterl deal with a provider, offedng discounts to members and removing admin from MM 19 groups undertook specially developed online safeguarding training Relevant resources and events V￿re regularly highlighted in broadcast efflails, in monthly email newsletter iNotes and in the print magazine Highnotes. 3) Open to change: embraclng new opportunltles This objective is abwt SUPPOrting music groups to adapt to changing circumstances and manage change withln thelr grow)s to keep flwrlshlng. WHAT WE DID1sUPPOrtln8 8roups to be more Inclu51ve: and understand the need & how to achleve chan8e 0 3 general Access & Incluslon events, 161 attendees 0 3 Conversatlon about Incluslon events, 110 attendees; online events held with people with lived experience. allowing members to ask questions and hear from someone affected by excluslon. The 2024 events were about including repertoire, music & autism, and socio-economic backgr(￿nd Access & Incluslon workln8 group, 1 meeting. 7 attendees o Continued wlth the INCLUDE programme. an Arts Council England funded project which supports 4 member groups over 2 years to attract a wider range of people to their group. This deep dive learnlng is being turned into resources to become a toolklt for all members to use in 2025 {end of project)

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 o Regularly updated on INCLUDE programme through 4 participating groups, total 8 blogs and articles in all three editions of 2024 Highnotes Census Comparlson Survey, facllitatlng groups to collect, anal￿, benchmark participants, and audiences demographic data. used by 118roups, resource 264 views o Comlng out to your muslc group. blog by Exeter Festlval Chorus member featured In Highnotes magazine 5 new resources - Supporting deaf people and those with hearing loss 1171 views), Addressing barriers with your group's performance wear 1602 views}, Reading sheet music in a choir: a beginner's guide11 ,111 VIev￿>, Recording Welcoming and Includlng new people in your band 173 views), Peterborwgh Sings recruitment toalklt {989 views) Equallty. Dlverslty and Incluslon pollcy and plan templates, 566 vlews12023: 6731 o Event We Need To Changel But Where Do We Start?, 36 attendees, led to starting a Chairs Network Ithtry are often the change 'champions') Followed up with article in Highnotes Summer 2 Chalrs Networks, 70 attendees, to be wogrammed now twice a year, wlth some external speakers 0 2 blogs on Classically Black S￿nPosiUrn (18 views), Connecting disabled muslclans vAth adapted Instruments {90 vlews) WHAT WE DID {supportln8 & encouraqln8 muslcal development & tryln8 new actlvlty): Delivered Adopt a Muslc Creator project, matching 4 groups with a music creator each for a year; 21 applications from rnember5 (2023: 17), 7 blo8511 vlog Itogether 483 viev￿), 1 news itern 1440 views) 2 blogs on new muslc (Whitehall Choir, Winkleigh Singers), 63 views 3 Insplratlon blogs on making musical history (White Rosettes) 1254 VieV￿￿' collaboration between choir and art trail 170 view51', The Sun Does Shine Vox Holloway project 172 views1 0 1 event on The Positive PoV￿r of Projects, followed up as 4 recordln85 on the 4 featured projects 0 1 event Where Do l Find Sheet Music, and at what price? 115 attendees 3 case studle5: Worklns with music hub5 (Wolverhampton Symphony Orchestral, 422 views; Wetherby Choral Society and Royal National Lifeboat Instituion. 197 vlews; Diversifying Repertoire (Sheffield Philharmonic Society), 540 views o Artlcles In Hl8hnotes magazlne on various opportunities (Make Music Day etc. I. case studies and inspiration 5torie5 - we use print, online content and Social rnedSa to share material with the widest possible audience Muslc bank is a tool to research repertoire. access free programme notes and exchange sheet music with other hlaking Music members 19.112 artistic works listed 12023: 18,9351 12,611 Items of sheet musSc avallable thr(Kryh member-to.member exchange 12023: 12, 3641 5.710 programme notes available free12023: 5.707) 29.483 Muslc Bank webpages viewed12023: 40.6471 0 109,947 views for the AIu51cal Vacancles pages 12023: 64,7261 WHAT WE DID {helpln8 volunteer promoters adapt, Incl. thelr subscrlptlon models): 0 1 event on tlcket sellin8 Strategies, 129 attendees 2 promoter network meetin85, one on alternative5 to sub5CriPtion mode15, one on programming Iboth with member5 as speakers) 31 attendees 10

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the year ended 31 December 2024 WHAT WE DID (helping 8roups en8a$e wlth Soclal Prescrlbln8): Blog on new app for social prescribing. 98 view5 Collection of Soclal Pre5crlblng resource5 hlghll8hted re8ularly, 149 views WHAT WE DID {helpln8 members adapt to and Influence on cllmate change) 2 Cllmate Change network rneetln85, Z9 attendees, recordln851 94 view5 Topicslspeakers included travel. banking. an organisational 'digital footprint, card game: an introduction by the Green Award winners to their work: Arts Council England; Matthew Elderton.Le+ViS. comp)ser, on his Ecomelodies project o Continued to add resources and slgnpostlng to webpage, 227 vlev Green Award, given to Big Noise Chorus Relevant resources and events were reS￿arlY highlighted In the monthly emall newsletter iNotes and the print magazine Highnotes. 4) Skilled: prepared for a digital future This objective is about supporting members to be able to take advantage of the new digital world and all its tools in order to help their group to fiourlsh WHAT WE DID Makln8 Muslc Platform: this ￿line admin tool and public-facing website template Is available to members at an affordable price and supported by a full-time team member. It helps members manage thelr administration more efficiently and communicate better externally and internally. 0 41 l users 12023: 340) 97 new ones set up12023: 931 4 events {3 for exlstlnq users). 271 attendees, 3 recordlngs. 385 views Makln8 Muslc Platform Servlce hub. 4,732 views Dlqital marketing skills: 0 4 evènts Ismartphone photographylvideo, Canva for beginners, Soclal hledla strategy, Inclusive Marketing & Communication51, 291 attendees 1 resource (Sourcing royalty.lree imagery onlinel, 307 views 1 case study (Overhauling systems wth Howdenshlre Music), 142 vfev Onllne banklng; it would support groups. efficiency to use onllne banklng, but during 2024 it bKame clear that there are obstacles to thi5 due to way that most banks treat charities and unincorporated a$s￿latIons. hlaking Muslc SUPPOrted a national survey on this topic in early 2024. C. Muslc groups are connected This aim is about connecting groups to new and more participants and audiences, supporting them to connect more widely In thelr communitles, and connecting them to each other for peer.to.peer support. There are four objective5 Sltting underneath thi5 aim: 1) Music groups are visible to potential partldpants 2) Music 8roups are visible to potential audiences 3) Muslc groups are networked In thelr communltles 4) Muslc groups are sharlng wfth and learnlng from fellow members 1) Music groups are visible to potential participants Thls objectlve Is abcMJt helping Mem￿rS recruit. welcome and retain new partlclpants. 11

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 WHAT WE DID 2 events Iwelcoming new people. Inclusive Alarketln8 & Comms). 91 attendees 2 new resources, combined 193 views 0 1 case study. Peterborough Sings! toolkit. 989 views 40,008 Flnd a Group pa8es vlewed (2023: 48,0021 BENCHAIARK NUMBERS Ito follow up over perlod of 5 year plan Average number of partlclpants per performlng group: 2023: 61 12016.. 57) o Average number of subscrlbers per promoter group: 2023: 92 12016.. 86 2) Music groups are visible to potential audience5 Thls objectlve Is ab￿t helping members understand and grow thelr audlences; 2023 saw the start of this work, we focussed more strongly on this in 2024, and expect to grow thls area of support further in 2025 WHAT WE DID 0 3 events IRemovin8 barrfers to concerts. Managln8 events In the hWI Platform, Ticket Selling 5trategiesl, 251 attendees 3 events on dlgital marketin8, 239 attendees 0 54,154 Events pages vlewed total. including MM events12023: 60.2631 3) Muslc groups are networked in thelr communities This objective is about helping memLErs build connections in their communitie5, to raise awareness of their actlvlty with p)tentlal participants and audiences, to enhance their value to their communities, to ensure local stakeholders and policymakers know of groiips, activities and value to the area. WHAT WE DID 0 1 event (The posltlve power of projects). 15 attendees, recordln8. 4 vldeos on 4 projects 0 2 case 5tudles (Wolverhampton Symph¢)ny Orchestra and music hub, Sheffield Philharmonic Orchestra Diversifying Repertoire. combined 962 views 0 1 news Item (Gaudeamus Chamber Choir & Leigh Art Trail) 70 views o Promoted opportunltles - hlake Muslc Day, 825 views 12023: 1,0541, Learn to Play, Fun Palace5, 'get involved. webpages, 446 vlews 12023.. 1,220) Opportunities and tips for connections were regularty highlighted in the monthly email nev￿letter iNotes and print magazine Hishnotes. 4) Muslc groups are sharfng with and learning from fellow members This objective is abwt encouraging peer learning thr￿jgh online member rneet-UP5, specific networks. and faalitating bUdd￿'n9 up. WHAT WE DID Encouraged members to stand as trustees for the Making Music Board; 1 event, 22 attendees. 9 candidates stood for 3 vacancies Onllne member networks, 2 each for Wales, Northem Ireland, Scotland. 37 attendees, 1 general one for everyone, 12 attendee5, Annual General Meeting, 28 attendees Specific networks - 2 each for Treasurers (123 attendees), Chairs170), Promoter members 131 }, vocal groups 1471: and 1 each for Instrumental 8roups 1251 and for a new network for conductors of Instrumental 8roups125> o Faceb¢)ok group for MM Platform users. 206 users. 157 posts 12

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 o Buddled up members on speclflc Issues, in 2024. we made 18 12023: 671 connections between 36 12023- 134} groups - 13 12023: 581 regarding of Making MusSc Platform, 5 12023: 91 regarding Orchestra Tax Rellef Summary support work - data overvlew 29 new or updated onllne resources12023: 401 319,359 total page vlews of resources pages (2023: 337,5441 1.1m total website paqe views 12023: 1.19ml All rnember5 recelve 1 copy of each of the three annual edltlons of Hl8hnotes Iprlnt magazine, also sent digitally to Members. with a 61% email click through rale 14,000 recelve INotes (monthly email newsletter 12 updates to members In Scotland, 7 to members in Wales, 4 to members in Northern Ireland 168 broadcast emalls to 783.690 reclpients (average per mailing 4,665) 12023: 207 to 834,085. average 4.029 per mailin8) this was a deliberate change of policy to reduce number of emails sent 51 onllne events for 2, 267 attendee5 12023: 53 event5 for 2,303 attendees) We also communicated with our mefflbers and the wlder lelsure-tlme muslc, muslc and charit5es sector via extensSve use of soclal medla, to ensure tyjr activlties are avallable to the widest Possible number of potential benef iciaries. Sorne statistics: Facebook. posts 25012023: 911, engagements 8,855 12023: 5.185) o Twltterlx. posts 344 {2023: 3681. engagements 3.11712023: 51651; to avoid reputational damage and in order not to support an increasingly one.sidedly political platform, we have Started reducing our actTVlty on X, with a view of leaving when most members have migrated to different platforms o We therefore created a profile on 8luesky. as well as Intensifylng our activity on Instagram, Linkedln and YouTube o Instagram, posts 166 12023: 68), enga8ements 832 (2023: 6681 Linkedln. posts 92 12023: 37}, engagements 359 12023: 3721 We also have a presence on Threads. YouTul)e and Soundcloud Info & Advlce Genernl & speclallst Guert speaker 2024 120231 bout Other events All events 140. ol events 141201 201181 6161 6151 51 1531 Total number of event artty)dee5 Average attendance 848 19631 376 12421 443 16501 22611211 37414481 2267 123031 60 1481 74 11081 381241 75 1721 44 1431 13

aking USIC Natlonal Federatlon of Muslc Socletles Annual Report For the year ended 31 December 2024 Flrst-class support for amateur muslc groups. Making Music Is the umbrella body for amateur music groups. The advice, guidarKe and support Tt give5 15 unrivalled and help5 all of us be more professional, in our activitTe5. The sub5CriPtions are very affordable and the optional insurance cover is essential. . Maklng Muslc member 2. Supporting leisure-time music / supporting members D. Lelsure-tlme rnuslc Is recwlsed and valued This aim is at()ut ensuring that lelsure-time music is recognised and valued. There are flve objectives sittlng underneath thls alm: l ) Making Music members know how to advocate on thelr own behalf 2) There Is a louder collectlve volce 3) Leisure-tlme music is defended agalnst threats; and condltlons enable It to thrive 4) The breadth and rlchness of lelsure-tlme muslc actlvlty Is celebrated 5) Data & research about lelsure-tlme mu$lc are collected and promoted; and beneflts hl8hllghted 1) Maklng Muslc members know how to advocate on thelr own behalf This objective is about empowering music groups and giving thern the ri8ht informatlon and tools to be able to make their own case to the relevant policymakers, regulators and stakeholders In their communitles. WHAT WE DID 1 event: Learn more about cholrs and tax rellef, 61 attendees 0 1 event: #MakeSpaceForMusk - Get Involved: 46 attendees; recordlnq: 102 vlews 3 tralnln8 sesslons for staff, to enable them to Share knowledge with member5 and enhance their own ability to advocate 0 14 articles in Hl8hnotes {prinl magazine, 3 times a year), 27 items in INotes {monthly email newsletter) and 22 items in the area update5 to UK natlons Update at the start of each ￿lIne event includes at least one item on current advocacy. lobbying or consultatlons. 2) There is a louder collective voice This objective is about ensuring that Making Muslc is connected to and collaborates ¥•Ath others, to ampllfy our voke on behalf of cwr members and the lelsure-tlrne muslc sector. WHAT WE DID Continued convening, chairing and growing Slnglng Network UK, a loose network of 35 networks & organisations with an interest in singing. meets online. 2 new members Jolned in 2024 (Chorally. Sing Space Choirl Meetlng 1 on creatlve tax rellef for cholrs., invitees beyond regular group: Musician5 Union, UK hlu5ic, Arts Council England, professional choirs 14

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 Meetln8 2: update on tax relief for choirs campaign: Peterl)orough Sings! about their recruitment toolkit. MM about INCLUDE project. ContTnued hosting, convening and growing the Communlty Spaces Forurn to support campaign on accessible, affordable local spaces for community activity Two meetings In 2024: electlon asks; planning consultatlon., Martyn's Law progresslon In parliament External events attended by staff.. the purpose 15 to raise the visibility of leisure- time music with others & make contacts for collaborations or campaigns. Attendance: Association of British Orchestras IABOI conference: ABO Scottish members. meeting. Music and Drama Education Expo; Music Education Partnership group IScotlarKII; Royal Philharmonic Society Awards. Scotland Cros5 Party Groups on Music. on Culture & Communitles: Wales Cross Party Group for hlusic; What Next? meetings. Campaign for the Arts meetlng5' Muslc Publisher A5soclatlon summer event., Culture Counts (Scotlandl; PRS for Music summer event., UK Music summer event. Charity Finance Group London mernbers meeting; Indigo webinars. Scottish Community Link Worker Network; Arts Culture Health & Wellbeing Scotland report launch: Creative Lives events/awards'. Welsh Massed Male Voice Choirs concert; Social 8ehavioural Research Group research presentation. Culture Health and Wellbeing, Strategic Alliance Members meeting; Campaign for the Arts, State of the Arts report launch; Federation of Scottish TheatreslS(xiety of London TheatrelUK Theatre Edlnbur8h Festlval reception. Launch of Arts Councll for Nl 10 year Strateglc Plan, Welsh Music showcase. Scottish Advi50ry meeting, Schools Enterprise Association. Event Healthcare Standard consultation round tables: Brass Bands England conference; Scottish Youth Music Exchange: London Gay Men's Chorus Christmas concert and other WA member concerts and events Spoke at: presented a provocatlon at the AHRC Research 'Sandplt' meetlng on Arts & Wellbeing., spoke at event hosted by Arts Council England on music libraries. took part in Guinness World Record-status-achieving 'Let Her Muslc Play, 124-hour live-streamed concert of all women composers. musicl. 2 5e55ions at Hand in Hand Festival ILGBTQ+ Choir Fe5tivall; co. h05ted event with Arts Council England on providing a creative tax reliefs service: spoke at a classical leisure-time music groups, gathering at St George's in Bristol: spoke about churches as spaces for leisure-time music at Heritage Religious Buildings, conference; presentation on Access & Inclusion, and workshops to create international advocacy document The Prague Convention 2024 at IHEIARTSBEATS conference (hosted by Czech Republic)., chaired panel on the role of choirs in society. and co-presented on Social Prescrfbing for Slng For Pleasure's 60th Annlversary conference External connectlons ICEOI Treasurer, Amateo, European Network for participation in cultural activities. (Deputy CEO) Treasurer. Natlonal Muslc Councll. ICEOI Chair, Make Muslc Day UK: ICEOI trustee. Muslc Llbrarles Trust laeetln85 additionally wlth Hull University; ABRSM; Venue St George's Bristol. UK hlusic; Arts Council England. David Taylor; Sarah Gee. Nordicity: Voices Weaving; Mycake; Interkultur; Polyphony Arts; Learn to Play Day; ISM; Together Coalition; 15

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 Creative Lives., MD Brunch. Serpentine Gallery: Society of London Theatrel UK Theatre. Helen Harrison Iconductorl., Paul Barton Hodges; Ruth Harperl Masters supe￿$0r. former MM Chair Peter Lawson. Peterborou8h Sings!; Westrninster Library., Audience Agency.. Bennett Institute, Cambridge University. conductor Peter Manning., Future Arts Centres: Dunard Centre (Edinburghl. composer Nathan Dearden., music publisherljournallst Katy Hamilton. Military Wives. Choirs., Jennifer Fuller (PHD candidate); National Youth Orchestra of Scotland; St George's, Bristol. London Gay Men's Chorus. Presto Music; Association of Teachers of Singing; Royal Welsh College of Music and Drama; Anthem {Wales 3) Lelsure-tlme muslc defended agalnst threats: condftions enable It to thrlve This objective is al)out reactive adV￿a(Y - restKJnding to rx)tential threats, e.g. from unintended consequences of new regulation or legislation; and alx)ut proactive advocacy working to Improve conditions for lelsure-time music gr￿ps. WHAT WE DID - reactlve o Terrorlsm (Protectlon of Premlses) Draft Blll I'hlartyn's Law, Addltlonal Consultat1(￿ in early 2024, as a result of submissions to the 2023 one lof which a third from community sector, including our members) Produced a briefin8 document for members and encouraged them to resF(Ind', we made a submisslon on behalf of members Attended Z workshops wlth Home Offlce to explain our sector This draft bill was taken on by the new government elected in July and started its progre55 through parliament in the autuffln of 2024 RESULT The new draft bill now reflects some of the changes we have been asking for, Including minimum capacity (now raised to 2001 of venues that have to engage with this legislation, traSnln8 requirements, types of events We responded to the followlng consultatlon51calls for Submissions: DCMS consultation on the Participation Survey which provides the only large and regular data on participation in arts activities. Result. Results summary and DCMS re¥￿nse published August 2024. we recognise some of the comments listed from our submission. Adjustments, if any, to the surveyis} no earlier than 2025126 survey on the Natlonal Plannln8 Pollcy Framework (Englandl, with the alrn of supporting what is already there in terms of community assets to be builtl protected in new developments, and to ask for more explicit articulation of the kind5 of space5 our Members need (more like mentions for 5POrt Infrastructure. Result. Government response published in February 2025. No new mention of sp￿e5 for community cultural activity to HM Treasury for the Autumn Budget, with the proposal that 'volce' should be 5ncluded as one of the eligible instruments in Orchestra Tax Relief. We argued this meets Government's aim for growth in the creative industries. and will result in increased tax revenue longer term. We encouraged members to wrlte to their MPS to make their case to the Chancellor. Resul . hisher level Orchestra and Theatre Tax Relief confirmed; Orchestra Tax Relief not extended to choir5 pre-budget scrutlny by the Scottlsh Parllament Culture Commlttee to highlight the need to rrfotect resources that leisure time music groups rely on, covering tax relief for choirs. joined up strategy with local authorities 16

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 to support grass roots culture and the venues it operates from. ￿Resul . Our submission mentioned in the report Ipage 2, para 261 wrltten evidence to the Iwales Parliament) Culture. Communlcatlons, Welsh Lan8Ua8e. Sport. and International Relations Committee inquiry Into the lrnpact of fundlng reductlons for culture and sport. Result: our submission {in relation to rehearsal spaces for music groups) referenced In the report (published Jan 20251 p66, para 215 Currlculum Revlew (Englandl. we articulated the benefits of mu51C learnlng for all. referenced research whlch shows Its Impact on the cognitive development of young people, and how the most disadvantaged young people are missing out on these benefit5 due to barriers including Cost, and argued that music is for all pupils, not just the 'gifted and talented, We created a briefing for members and encouraged thern to reswnd to the consultation. Result: interim report expected July 2025 the next NHS 10 year plan (England). we asked for social prescribing to be equitably available all across England, for cros5.departmental and non. siloed working (too of ten departmental actions affectlcancel each other), and su98ested that greater awareness and signposting to community muslc- making could support prevention of sickness. Result: not yet known Northern Ireland draft Programme for Government (PfGI, highlighting the vital role music and the arts play in key priorities of the PfG. There were no mentions music and arts in the draft program. Result. still no mention of music and arts in the final version published March 2025 to the second draft of the Arts Councll of Nl strateglc plan which included our suggestion to make one of their outcomes focus on 'participation' a5 well as 'audience devdoprnent,. no further improvement Vlhen members alerted us to closure of the Westmlnster Muslc Llbrary. ￿￿ met with the library service to understand the cause, involved members, and offered support for staff recruitment Imain cause of the temporary c105urel. Result: spring 2025: member of staff apwinted, no timeline yet for service re-openin8 WHAT WE DID - proactlve

MakeSpaceForMusic campaiin launched in 2023, to address the long.term and

increasingly acute problem facing community groups to find accessible and affordable spaces for their regular activlty In thelr local area. The campaign continued in 2024 l event for members I#MakeSpaceForMusic . get involved), 46 attendees, recording 102 views Convened two meetings of the Communlty Spaces Forum in 2024 On: election asks. planning consultation- Martyn's Law In parliament Made a submlssion to the Second con5ultatlon on Martyn's Law, created notes for members an¢J encouraged them to respond, too Created brleflng paper with case studies for members, use in influencing Publlshed case study by member steel pan band Pan Nation. 70 views Spoke at Hlstorlc Rellqlous Bulldln8s Alllance's conference, on the signifTcance of churches for leisure.time music groups Responded to consultatlon on the Natlonal Plannlng Pollcy Frarnework (England) Became charity partner of Schools, Enterprlse Assoclatlon. attended thelr Scottish advisory group'5 meetin8 17

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 Met with Arts Council England ab(yJt their Culture and Place Data Explorer Article in magazine Highnotes Tax rellef for cholrs: Meetlng on creatlve tax relief for choirs: invitees beyond regular group: Musicians Union. UK Music, Arts Council England. professional choirs" the meeting suggested adapting Orchestra Tax Relief to include choirs. This was then turned into a proposal by MM whlch was slgned by 40+ organisations from all across the mu51c sector (including PRS for Music. Independent Society ol Musicians, Ivors Academy. etc. in addition to the ones listed above). produced a press release template for all to use 1 event (Learn more about choirs and tax relief), 61 attendees 2 artlcles In magazlne Hlshnotes Muslc Ilbraries: Making Muslc CEO contlnues as trustee of the Muslc Llbrarles Trust IMLT) Spoke at and promoted event hosted by Arts Council England on the challenges facing music libraries Intervened when Westminster Music Llbrary suspended the servlce, to identify causes (staff shortage) and support resolution RESULT awaiting next steps from Arts Council England., Westminster Music Library successful new appointment, service return expected this year o Electlons and polltlclans: formulated 2 asks for member5 to use In the run up to UK elections in July 2024 Electlon Asks campaiw pa8e includes outline of the 2 asks. downloadable f Iler and image f ile Ifor social media) Artlcle in magazine Hishnotes 2 asks were: #MakeSpaceForMusic; Add 'voice' to Orchestra Tax Relief Publlshed open letter on webpage, promoted on S￿la1 media. emailed to headquarters of major political parties. Letter content two election asks Dlwt for members ol manlfestos of major political partles where statements related to culture and community life Attended What Next? Arts Hustings - 26 June to highli8ht our asks o Muslc educatlon: Participated In round tables on planned National Music Educatlon network Developed a parfnership with Norfolk and Suffolk Music Hub Made a submission to the Curriculurn Review IEnglandl o Assoclatlon of Brltlsh Orchestras, campalgn on classlcal muslc: supported this public engagement campaign ..to capture the hearts and minds of the general public and change the narrative around classical music and orchestras. We disseminated a survey; shared the campaign on social media when launched and invited staff, Board and Presi(ient to create video content on 'music that moves . 6 videos shared 10 blog5 or news Items on advocacy matters and cMsultatlMs, combined 3,025 vlews 4) The breadth and rlchness of lelsure-tlme muslc actlvlty Is celebrated Thi5 Qbjective is abwt increasing the visibility of the leisure.time music sector and Showing how diverse it is and what it doe5 weil. WHAT WE DID Maklng Muslc Award5, celebrating hlaking Music members and the profe551onals and volunteers working with and supporting them 18

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 Best Muslc Creator for a leisure-time music group: joint winners John Gourlay, for Kirkcaldy Orchestral Society, and Roderick Williams, for 5affr¢Jn Walden Choral Soc5ety Best Arranger for a lei5ure.time music group: Simon Arnott. for Central London Barbershop Harmony Club Best Project wlth New Muslc: Vox Holloway Commun5ty Cholr's 'Behlnd the Bars. documentary developin8 new oratorio The Sun Does Shine, telling the true Story of an innocent man's 30.year imprisonment on death row Lady Hllary Groves Award: Jane Edwardson of Gay Abandon. Jane Edwardson is a pioneer in the LGBTQ+ movement. founding Gay Abandon in 1997, the first LGBTQ+ choir in the North Presldent's Award: winner decided by on15ne open votlng Sue Jolley of Scunthorpe Cooperative Junior Choir, tlrelessly volunteering for 15+ years Green Award: Big Noise Chorus The wlnners were announced by Maklng Music Presldent Debble Wlseman OBE at an onllne ceremony. 115 attendees Press release. 3 use5 in mixture of media, 249 recipients), 226 total opens Created broadcast opportunities to showcase mernbers.. Classlc FM annual broadcast of carols by 5 Making Music groups showcased daily from 14-18 December: PAersey Wave Choir {Liverpool, En8landl - Carol of the 8ells' Eden Singers Icurnbria, England) - I Sow a Malden; Dunbartonshire Concert Band Iscotlandl In the Bleak Midwinter; Belfast Philharmonic Society (Northern Irelandl - A Tender Shoot; Llandaff Cathedral Choral Society Iwalesl Red and White o BBC Radlo 3's broadcast 7 Adopt a Musk Creator projects, new pleces, Notes on Joy (Joshua Kayel performed by Orchestra of the City, And still we carry on (Peter Falconer) performed by Band of the Surrey Yeomanry. Singing for Pleasure (Dominic Matthe¥vsl performed by Singin8 for Pleasure. Castle In the Sky (Robin Fledlerl performed by Regent Brass and Camden Brass Band, Banks of Lyme Brcok,. IrKlustry Icharlotte Marlowl performed by Newcastle.under.Lyme Community Orchestra, Over the Moor (Hannah Fredsgaard-Jonesl performed by Voices of Exmoor. Salt of the Earth IGeDrgina MacDonnell Finlayson) performed by Shenstone Roses and ShenSt0￿ Singers Created showcase opportunltles for groups: on Make Muslc Day 121 June) - Northern Ireland: Making Muslc @ Linen Quarter Buslness Improvement District event in Belfast: 25 performefs/groups performed at eight city centre locations from 8 am to 9 pm. Wales: 7 groups provided a two-hour performance within Internal spaces of the Senedd (Welsh parliament building}. Scotland: supported Music Education Partnership Group's project We Make Music Libraries to programme events in several libraries across the nation. England: The Big Summer Wind Orchestra and Choir Imeynber group) performed in Potters Field near Tower Bridge 1255 signed up to play and singi between 7-9pm. Our President Debbie Wiseman donated an arrangement of one of her pieces and conducted it Promoted lelsure-tlme muslc 8roups vla our online Find a Group tool, our Event5 calendar, our communications, includlng Highnote5 magazine, iNotes e- nebvsletter, press releases, social media. Flnd-a-Group 40,008 page views12023: 48,IJ)2 Events pages 54,154 w.ews 12023: 60,2631 3 editions of Highnotes. featuring 60 members overall (plus a list of new members in each edition) 12 editions of INotes and 23 nation updates. featuring, name-checking and celebratlng members 58+ tlmes 19

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the year ended 31 December 2024 9 blogslvlo8slnews Items on Adopt a Muslc Creator projects. 923 views 40 other blogs/new5 items about members, 5.653 views 7 press releases, 242 recipients, 583 click-throughs. 46 uses Soclal medla, see statistics above Contrtbuted nominations to the Royal Philharmonlc 5oclety's Insplratlon Award and the hlaking Music Vice Chair was part of the shortlisting panel We were able once again to secure the support of Debbie WSseman OBE as Presldent of Maklng Mu51c, to act as ambassador and figurehead for Making Muslc and Its members. 5) Data & research about leisure-time music is collected, promoted; benefits hlghlighted Thi5 objective is ab￿t making Sure that hlaking Music and is member5. and others in the leisure-time music sector, have as much evidence. research and infomiation as possible at their fingertips demonstrating the size, breadth, impact artd benefits of leisure-time mu51C activity for individua15 and cornrnunitie5. Thi5 will support advocacy of all kinds. WHAT WE DID 0 1 event focussed on research, Dr Anita Collins of Bigger Better Brains on Uslnq neuroscience to advocate for music. 96 attendees. recordln8, 206 views The information held on our website is due to be thoroughly reviewed and restructured for the new website launch in 2025. Summary of membershlp data We benefltted: 3,282 full members12023: 3,2791 325 associate members 12023: 3301 385 Affiliate members 12023: 439) TOTAL 3,992 (2023: 4.048) This breaks down into: 2.169 slnging groups - 54% of members12021: 2.167, 54%> 1.444 Instrumental groups - 37% of members12023: 1.486. 37%) 379 promoters - 10% of members {2023: 395. 10%) Groups. annual income on which their subscription for 202412023 in brackets) was based: Less than £7.2k: 45% 12023: 54%1 £7.2k-10k Inew bracket introduced 20241: 10% £10k-14.5k: 14% 12023: 22% = £7.2-£10k + this bracket) 14.5k-£21k: 11%19%) £21k-£31k: 9%16%1 £31k-£IOOk: 9% (7%) More than £100k: 2% (2%) 20

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the year ended 31 December 2024 Note: groups had not only recovered in 2D24, they started growing - in 2024. 69% of our members had a turnover of below £14.5k12023: 77%). This also means where previously only a quarter had a turnover above £14.5k, now It Is a thlrd of members. We now have the data to show that those 80 members claiming creative tax relief5 have increased their event budgets by an average of 50%. building confidence to become bolder and more ambitlous in their programming and promoting of concerts. This growth of theirs will a150 be feeding into the membership renewal figures. ri Plans for future periods 2025 & 2026 Alm - Lelsure-tlrne muslc Is recognlsed and valued: we will continue to balance reactive and proactive advocacy, and to celebrate members, and feature evidence and data more strongly on our new website. Some priorities: Continue to campaign to extend Orchestra Tax Relief to cholr5 by makin8 'voice' one of the instruments: having the data frorn the instrumental groups claiming this (increased production budgets, especially spending on professional musicians and new music) makes us doubly determined to work to secure this for choirs too Continue to hi8hlight the need for (and threats to) hyperlocal affordable spaces for muslc group actlvlty (regular rehearsalslmeetings and performancesleventsl. widening focus more to performance venues (includin8 aspirational ones, e.s. Royal Albert Hall). Continue to help find creative l¢xal solutions when music libraries are under threat le.g. Westminster Music Library) and to work towards an England wide forum to look for joint national solutions; engaging with relevant services in the other three UK nations Work to support other organisations campaigning to reform bankln8 for small charltles Follow progress of Martyn's Law (Terrorlsm bllll through parliament, and follow up with guidance and support once it becoffle5 law Collate and share research and data on the new webslte Respond to consultatlons as they arlse from government and other agencles and pollcy makers and are relevant to members, e.g. the current revlew of Arts Council En8land Our lobbyln8 & advocacy work has increased in the last two years, alongside our support for members to help them advocate for their ovm groups. especially locally. Alm - muslc qroups are connected: Continue to help members recruit and retain partlCFpants - the resources and events for thls are now well.establlshed, and thls remains members, number one concern 21

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 Focus on developing new tools and events to help members grow and develop their audiences . this area of work is not new, but we plan to expand it this coming period Continue to help members learn from and connect with each other. The new website will make It easier to buddy up members. we will continue our online events whlch offer opportunities to connect., and are considering other onllne dlscussion platforms Consider how to encourage and support groups to build more connections in their communities which we have seen helps them grow and increase their sustainabillty. Case studles are useful ttr)ls for thls, as well as opportunities such as hlake Music Day. Alm - muslc groups are more sustainable: we will focu5 Strongly on helping members become financially more resilient; erKouraging them to Ii)ok holistically at their income, to consider creative tax reliefs and Gift Aid. supporting their Treasurers Improve their governance; supportlng legal status reviews. encouraglng adoptlng model constitutions., succession planning; volunteerltrustee recruitment, etc. be open to and embrace change. conclude the INCLUDE project, disseminate the resulting toolkit throughout 2025. continue the Chairs Netvlork to support changemakers in groups streamllne their processes and Improve their onllne presence. Increasing our capacity to offer Making Music Platform to more mernber5; deliverin8 more di8ltal ski115 trainin8' exploring the possibilities and challenges of Al for members apply for fundlng for another 'deep dlve. project wlth a small number of members, modelled on the INCLUDE project ingredient5 of focu5 on four participating groups, carefully chosen geographically and in terms of 8roup type. a dedicated project manager; and a blend of 'prescribed' and group-envisaged activity over a fixed time period. survey members about exlstin8 services and their delivery; consult members on new services, especially those from under.represented types and genres Alm - muslc 8roups make the most of Makin8 Muslc as thelr home and ally: our main focus here for 2025 is to launch the new website and then to roll out information and tralnlng to members in late 2025 and 2026, 50 they are able to Make the most of it very quickly. We are half way through the 5 year plan and successfully working towards achleving our objectives, with the exception of the delay to completing the delivery of the new webslte, now due for launch in 2025. Or8anlsatlonally, Makln8 Muslc wlll focus on: dellverln8 the new webslte (due Auiust 2025); this strategic project Is crucial for members, and Making Music's future resilience, enabling members to make the most of our resources and services and enabling Making Music to reach more groups and strengthen its voice. It is therefore our view that investing in the new website is responsible use of our reserves and of staff resource for the preparation and development, as it furthers our purpose to support the lelsure.tlme music sector Increasln8 our membershlp; so that we may strengthen our representative voice and be able to deliver greater value to more individuals and communities by empowering and supporting the volunteers who run music groups, enabling groups to thnve; with a new Marketing Manager now in place (after a considerable Sap in this rolel, this will be a focus contlnuing our work on becomin8 an inclusive and diverse or8anisation. able to welcome the most talented people to join us and support them to flourish and develop; and to support and represent the widest range of leisure-time muslc groups expandlng our capaclty in order to ￿ able to offer services to more members and to advocate on behalf of the sector more effectively. 22

aking usic Natlonal Federatlon of Muslc Socletles Annual Report For the year erKled 31 December 2024 Vox Holloway Black Sheep marn￿Y Financial review Flnanclal result for 2024 Making Music continued its return to positive net income in 2024. While grant income supported the grovrth In total net income to £201,804 12023: £98.1J)91. we continued to re- build an underlying net operating income position. Funding was invested to expand our 5ervice5, produce new resources and broaden the advice offer to members. Total income of £1,021,12512023". [928.9901 included membership subscription income of £571,483 12023: £493,521). This, our largest income stream. finally returned towards a more usual pattern. Based on our members, Income in the preceding year. It has taken until 2024 to fully recover from the pandemic. As member activity recovered, income from ¢)ur pald.for member servfces Increased by 26% to £146,430 12023: C115.9511. FundTng from the ESrn￿ Fairbaim Foundation IEFF) enabled us to Invest In additional staff time towards meeting the demand for our Making Muslc Platform member website product and support Orchestra Tax Relief clalm service. Unrestricted grants from the E$M￿ Fairbairn Foundation (EFF} and Arts C¢)uncil England IACEI also contributed to the long-tenn health of the sector by funding new work to help our groups Identify and remove barrlers to retalnlng and attractlng new members & new audlences. With membership fee5 collected annually in advance and funds Set aside for the new website project, Making Music continued to benefit from con51Stently high interest rates durin8 the year. Total expendlture for the year was £826,903 (2023: £841,299). The decrease was In the expenditure of restricted funds, following the end of several projects. Consolidated cash balances of £1,620.119 at 31 December 202412023: £1,306.0651 include deferred membership subscription income collected for 2025 and insurance premiums and PRS fees collected from members to be paid over to third parties early in 2025. Net current assets of £656,50712023: £536,236} provide a more accurate picture of working capital. The Increase in working capital reflects net cash provided by operating activities. hlaking Muslc contlnues to invest In the development of a new website and digital delivery portal. The development costs to date have been capitalised and recognised as an intangible fixed asset. Amortlsation of these c05t5, over the expected useful life of the website, will begln once the website goes live In 2025. The trading subsidiary, NFMS Enterprises Llmited, Sef￿rated a profit of £51,473 {2023: £38,444) whlch was donated to tre charlty under deed of covenant. 23

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 Reserves Posltlon Total funds held at the end of the year were £1.053,35012023: £851,546). ThSs Increase ref lects the Impact grant fund5ng has had on strengthening the underlying flnanclal posltlon of both Making Music and many of our rnembers. who then renew their subscriptions at higher levels. Funds have been invested in the completion of a new website and digital delivery portal which wlll continue this process. Of these funds, £342,56012023". £335,2LXI) were held In a permanent endowment fund and £113,281 {2023: £93,107l were held in flnds for restricted purposes. Unrestricted funds of £597. 50912023: £423,239) included C128,764 12023: E114.3331 held in designated funds to spend on projects in 2025, including £128,614 to complete the development of the new webslte and digital delivery portal. The remaining unrestricted general funds of [468.745 12023: £308,906) include £278,134 {2023: C169.1821 which can only be realised by disposin8 of flxed assets. This leaves free reserves of £190,611 12023: £139,724I. Reserves Pollcy It is the policy of the charity to malntaln adequate reserves to cover between 3 and 6 months of unrestricted expenditure, In normal circumstances. This target has been set because the charity has a high committed cost base. Staff costs account for approximately two thirds of expenditure, with our staff team vital to providing services paid for in advance by our members. Unrestricted funds at 31 December 2024 were £597.509 12023: £423.2391 but after deducting designated f unds and fixed assets. the remaining f ree reserves of £190.611 12023: £139.7241 represent 3 months, 12023". 2. 3 months. l of unrestricted expenditure, excluding depreciation (based on current year figures). Thls returns the reserves position to with7n the parameters of the reserves policy. Investment Pollcy The Inve5lment Policy, approved by the Board in February 2023 and reviewed annually, recognises two distinct pools of funds available for investment: An operatlng fund comprlslng surplus unrestrlcted and restrlcted funds. The purF#)se of thls fund Is to provlde sufflclent cash to meet the day-to.day flnarKlal obligatlons of the charity. The investrnent objectives I￿ lude capital preservation and liquidity which limit the risk appetite for these funds. FurKls are held in a mixture of current, short-term and medium-term bank deposits. A Perrnanent Endowment Fund c¢Jmprisln8 the capital of the Phllip & Dorothy Green legacy for young musicians. The fund mLJSt balance returns to maintain the capital value of the endowment in perpetuity while providing income for subsidies. grants and awards within the purposes of the endowment. A diversified approach, using a pooled multi.asset fund IIFSL CAF ESG Income and Growth Fund l and cash deposits, help5 mitigate the risk of volatility and exposure to one sector or investment class. The balance of the overall portfolio is reviewed on a quarterly basis and is consistent with the charity's ethical policies and values. Following a peri￿ of investment growth, a partial sale was made in November 2024 to rebalance the portfolio, realising a gain of £3,045. At 31 December 2024, the capltal value of the CAF ESG Fund was £118,709, 12023: £146,128). The unrealised gain for the year was £4,537. Investment income ean￿d by the Fund in the year was £4,046 12023: £4,055). 24

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 Goln8 Concern With grateful support from external funders, we have Invested In serrflces and resources to dlversify the activlty of our members and strengthen their flnanclal posit5on to face the challenges of the future. At the same time, we have returned our own reserves position to within the optimal parameters of our reserves policy and continued to invest in creating new website and digital delivery portal which will underpin the future services of hlaking Muslc. Since the end of the financial year, membership retention for 2025 has remained high and consistent, with 95% of meml)er groups renewing their subscription 12023: 94%). Our conslstently high retention rate demonstrates both the resilience of our member groups and the value they place on thelr membership of Making Music. Members renew thelr subscrlptlons based on thelr own Incorne for the prevlou5 accountlng period. For 2025. 40% of members renewed at the lowest subscription rate reflecting income earned in 2023124. This is an improvement from 2024 when 45% members renewed at the lowest subscriptlon rate and compares to 54% for 2023 and 64% for 2022. Thls demonstrates the impact of the pandemlc on both the income of Makin8 Muslc and Its members and the lag in recovery. We are fortunate that the timing of membership renewals and some other income streams Is heavily weighted to the flrst quarter of tie year, giving us highly predictable annual Income at the start of the year. By 31 March 2025, 85% of forecast income for 2025 12024: 85%) had been earned, allowing US to make effectTve financial plan5 for the rest of the year. As our underlying financial position returned to net income last year, we felt confident to make a significant investment of reserves in a new website and digital delivery portal. Thls project, due for dellvery in 2025, will enhance the service we provide to fflember5, improvlng both their lon8.term resilience and that of Makir)8 Music. The Board's Finance & Compliance Committee scrutinises the management accounts, reforecasts and draft budgets for future years on a regular basls. ahead of presentatlon at the following full Board meeting. At the date of approvlng the report and accounts, the Board believe5 there are no material uncertainties about the charity's ability to continue as a going concern and the financial statements are prepared on a 80ing concern basis. Other Prlnclpal R15ks and Uncertalntles The Board has carried out a review of the major risks to which the charity is exposed and has put in place controls and activities to mitigate those risks which are within their control to inf luence I'strategic risks., 'preventable risks, I, and to be prepared for any risks which may be out51de thelr control I'external risk5'). In addition, as part of the work for the 5 year plan, In force since January 2023 and valld until December 2027. the Board and Senior hlanagement Team reviewed the internal risks and priorities for Making Music, to ensure the organisation remains Sustainable and able to deliver public benefit and relevant support to the lelsure-tlme mus5c sector. To achieve the aim of Making Music sustainability, 5 objectives have been identified: l) Grow and broaden membership and membership offer. this will strensthen Maklns Music financially and as the voice for the leisure-time music sector. 21 Retain, recruit. develop, support staff team & Board. Making MuslC'S team and 8oard are it5 bigse5t 055et and unique selling point, due to their in-depth understondins and knowledge of the sector. it is therefore cruciol to support the team to thrlve. 25

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 3J Clarify and communicate brand identity., launch & embed new website. the new web51te, due to launch 2025. will focilitote members. occess to services ond resources, reduce uptoke of teom tlme, and provlde o clearer poth for non.members to be suided to membership or to relevant re50urce5. opportunitie5 and compaisns. 41 Rebuild reserves & ensure suitable premises. os a 10 year office leose comes to on end. o detolled feoslbility study identifled the best way forword for the orsanlsatlon (o move withln London)." reserves - plans ore in ploce to grow Income seneratlon, to ollow rebuildins of the reserves invested in the new web51te. 51 Document outcome5 and impact., Makins Music ha5 developed thor￿Sh and detolled plans on how to measure. report on and disseminote the outcomes of its ¥vork. Rlskltype of rlsk Impact x Llkellhood Mltl8atlon Strateqlc r15k: new website project overrun Itime. cost) Strateqlc rlsk: capacity for new service development & actlvlty to Meet demand Project close to completion Case by case consideration of additional needs 4x4-16 (high) Invest In systems Improvements to improve efficiency Invest in more staff for ser￿Ce/reSOUrCe development Investi ate fundin tosu rt scale u of activit Prioritise member recruitment & retention Develop earned income in our control Help members maximise their Income Contain costs & keep reserves under review Consider external fundin ortunities Ensure vision, mission. objectives and plan clear to Board. staff and members Invest in Board communlcatlons, development, Induction Policies, procedures & processe5 in place with compliance oversight & training for staff and Board Keep abreast of regulatory changes and best practice Seek professional advice where appropriate Review risk assessment four times a ear Strong focus on fil for purpose IT infrastructure; cyber security: investment in training and processes Appropriate Insurance pollcles Best practice HR management, focusing on support and development of staff: prioriti5e resources on & terms Regular refresh of values with team Monitoring of social media policy for staff and Board Emergency media plan in place Careful consideration of lobbying, advocacy & campaigns Timel & a (medium) Preventable rlsk: Lack of financial sustainability Imedlum) Preventable r15k: Weak governance and non-compliance 4x2.8 (medium) Preventable rlsk: Infrastructure failurel Data breachlcyber attack/ Loss of Staff 4x4-16 Ihi8h} Preventable rlsk: Reputational damage 4x2z (medium) ro nate res onse to ubllc comments 26

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 External rlsk: economic (rising costs, local authority crises, infrastructure failure - especially spaces for member actlvit External rlsk: technologlcal {Al: skills to maximise dlgltal beneflts and minimlse onllne threat5 Regular and systematic monitoring of external environment for potential threats, for Making Jmusic and for members Regular management meetings to evaluate and respond to changing circurnstances for Making Music Campaigning on #AlakeSpaceForMuslc and creative tax reliefs on behalf of members, collaboratlns $￿th others (medium) IDve5t in understanding and training in use and Implications of Al. cyber security. digltal too15 Write Fdicy and strategy on Al for Making Music Support members with digital skills, cyber security and Al Imedlum) Structure, governance and rnanagernent Maklng Muslc's govemlng documents are Its Artlcle5 of Assoclatlon. As well as being a registered charity in England and Wales, Making Music is a registered charity In scotland and a company limited by guarantee. Making Music's Board of Directors is made up of 9 trustees elected by and from the membership and up to 5 trustees co-opted by the Board of Directors. The Chair, Vice Chair and Honorary Treasurer are elected by the Board from among their number and can serve in their role for up to two terms of three years each. Co-opted trustees can serve one term of three years each. In l#larch 2024. the Chair, an elected member of the Board, became a co. opted member of the Board when their group ceased to be a member of Maklng Muslc. Every year, a thlrd of elected trustees retire. Retirlng trustees can put thernselve5 forward again for election for a maximum two terms of three years each. A call is put out to members for nominations and when there are more nominations than vacanc5es. an election is held Ithis is usually the casel, wlth the result announced at the Annual General Meeting. When a new trustee is appolnted or co-opted. they receive a full day induction from the Chief Executive and Chair. including on procedures. policies, strategy. and have an opportunlty to meet all the staff of the charity. Or8anlsatlon Overall responsibility for the Charity's strategy and direction rests with the Board of Trustees, which comprises all Directors. The carrying out of day-to.day activities is delegated to the staff under the management of the Chlef Executlve and Senlor Management Team. A remuneration committee of the Board sets the pay structure for all staff. If applicable, any annual percentage increase is applied consistently to all staff. Subsldlarles The charity has a tradlng subsidiary, NFMS Enterprlses Ltd, whose accounts a￿ reported separately, and are consolidated into these accounts. 27

aking usic Natlonal Federatlon of Muslc Socletles Annual Report Fw the ytar ended 31 December 2024 Statement of Directors. responsibilities The Directors are responsible for preparing the Annual Report and accwnts In accordance with applicable law and regulations. The Trustees are the company's Dlrectors. Company law requires the Dlrectors to prepare accounts for each financial year. Under that law they have elected to prepare the accounts In accordance with United Kingdom Generally Accepted Accountin8 Practice (United Kingdom Accounting Standards and applicable lawl. Under company law the Dlrectors must not approve the accounts unless they are satisfled that they glve a true and falr vlew of the state of affa5rs of the company and of the surplus or deficit of the company for that perk>d. In preparing these account5, the Directors are required to: select suitable acc￿ntIng poLicles then apply them conslstently; observe the methods and principles of the Charities SORP; make judgements and estimates that are reasonable and prudent; and prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue In business. The Dlrectors are responslble for keeplns adequate accountlng records that are sufflclent to show and explain the company's transaction5, dlsclose vAth reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2(￿6. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the company and to prevent and detect fraud and other irre8ularities. In accordance with company law, the trustees, as the company's D?rectors, certify that: so far as we are aware, there is no relevant audit infomation of which the company's auditors are unaware; and each director has taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit informatlon and to establish that the company's auditors are aware of that informati(m. This report was approved by the Board on 21 May 2025. By order of the Board Rhlannon Harrison Chair 28

Natlonal Federatlon of Muslc Socletles Independent Auditor's Rewrt to the Trustees For the year ended 31 December 2024 aking usic Opinion We have audited the flnanclal statement5 of Natlonal Federatlon of Muslc SocletSe5 I'the parent charitable company'l and its subsidiary Itogether "the group" for the year ended 31 December 2024. which comprise the Consolidated Statement of Financial Activities. Consolldated Balance Sheet, Charity Balance Sheet, Consolidated Statement of Cash Flows, and the notes to the financial statement5, including a summary of significant accountin8 policies. The financial reporting f ramework that has been applied in their preparation is applicable law and Unlted Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our oplnlon, the flnanclal statements: give a true and fair view of the state of the group's and the parent charitable company's affair5 as at 31 December 2024 and of the group's incwiin8 resources and application of re50urce5 for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; have been prepared in accordance with the requirements of the Companies Act 2006. the Charities and Trustee Investment Iscotlandl Act 2LN)5 and regulation 8 of the Charities Accounts {Scotlandl Regulations 2006. Basls for oplnlon We conducted our audlt In accordance V￿th International Standards on Auditing (UK) IISAS IUKII and applicable law. Our responsibilities under those standards are further described In the Auditor's responsTbillties for the audTt of the flnancial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, an¢ we have fulfilled our other ethical responsibilitie5 In accordance with these requirements. We believe that the audit evidence we have obtalned Is sufficient and appropriate to provide a basis for our opinion. Concluslon5 relatln8 to goln8 concern In auditing the financial statements. we have concluded that the trustees, use of the going concern basis of accountin8 in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group or parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responslbllltles and the responslbllltles of the trustees wlth respect to golng concern are described in the relevant secti￿5 of this report. Other Informatlon The other informatlon comprlses the Informatlon Included In the trustees. report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other informati(￿. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion there￿. 29

Natlonal Federatlon of Muslc Socletles Independent Auditor's Rewrt to the Trustees For the year ended 31 December 2024 aking usic In connection with our audit of the financial statements, CAJr responsibility is to read the other information and, in doing so. consider whether the other information is materially Inconsistent with the financial statements or our knowledge obtained in the audit or othewse appears to be materially misstated. If we identify such material inconsistencles or apparent material misstatements. we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other Information. If, based on the work we have perfomied, we conclude that there Is a materlal misstatement of this other Informati￿, we are required to report that fact. We have nothin8 to report in this regard. Oplnlons on other matters prescrlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audlt: the information 8iven in the trustees. report. which includes the directors, report for the purposes of company law. for the financial year for which the financlal statements are prepared is consistent wlth the financial statements; and the directors. report included within the trustee5' report has been prepared in accordance with applicable legal requirements. hlatters on whlch we are requlred to report by exceptlon In the light of the knowledge and under5landing of the group and parent charitable company and their environment obtained in the cwrse of the audit, we have not identified material misstatements in the directors, report included within the trustees, report. We have nothing to report in respect of the following matters in relation to ¥vhich the Companies Act 2W6 and the Charitie5 Accounts Iscorlandl Regulation5 2006 requlre us to report to you if. In our opinion: adequate and proper accounting records have not been kept by the parent charTtable company, or returns adequate for our audit have not been received from branches not v151ted by u5; or the parent charitable company's flnancial statements are not in agreement with the accounting records and returns. or certain diKlosures of trustees, remuneration specified by law are not made: or we have not recelved all the Infomiatlon and explanatlons we requlre for our audlt. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companles. exemptions In preparlng the trustees. report and frThn the requlrement to prepare a strateglc report. Responslbllltles of trustees As explained more fully in the trustees. responslbllltles statement set out on page 28, the trustees {who are a150 the directors of parent charitable company for the purp¢)se5 of company lawl are responsible for the preparation of the financ7al statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine Is necessary to enable the preparatlon of financial statements that are free from matertal mlsstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the parent charitable company's ability to continue as a going concern. disclosing, as applicable, matters related to going concern and uslng the going concern basis of accounting unless the trustees either Sntend to liquldate the charltable company or to cease operations, or have no realistic alternative but to do so.

Natlonal Federatlon of Muslc Socletles Independent Auditor's Rewrt to the Trustees For the year ended 31 December 2024 aking usic Audltor's responslbllltles for the audlt of the flnanclal statements We have been appointed as auditor under section 44111{c} of the Charities and Trustee Investment Iscotlandl Act 2005 and under the Companies Act 2(K)6 and report in accordance with the Acts and relevant regulatlons made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance 15 a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will alwa detect a material misstatement when it exists. Mlsstatements can artse from fraud or error and are consldered materlal If, Indlvldually or In the aggregate, they could reasonably be expected to influence the economic decislons of Users taken on the ba515 of these financial statements. Irregularities, including f raud. are instances of non-compliance with la￿￿ and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting Irregularltles. Includ5ng fraud Is detalled below. We obtained an understanding of the le8al and regulatory framewo￿ applicable to the preparation of the flnancial statements of the group, and the procedures that management adopt to ensure compliance. We have considered the extent to which non.compliance might have a material effect on the f inancial statements, and in particular we identified: the Companies Act 2CIJ6, the Charities Act 2011. Charities SORP, Charities and Trustee Investment Iscotlandl Act 2(KJ5 and regulation 8 of the Charities Accounts {Scotland) Regulations 2006. We have a150 identified other lav45 arKI regulations that do not have a direct effect on the amounts or disclosures Wlthin the financial statements, but for which compliance is fundamental to the group's operations and to avoid material penalties, includlng GDPR, employment law, and health and safety regulations. Having reviewed the laws and regulations applicable to the group. we designed and performed audit procedures to obtain sufficient appropriate audit evidence. Specifically, we: Selected a team with sector experierKe to perform the audit. Obtained and reviewed internal policy and procedure documents. Made enquiries of management and the trustees regarding whether they were aware of any actual or suspected incidences of non-cornpliance with the laws and regulations. Obtained and reviewed meeting minutes; Obtained and reviewed correspondence with the regulator; Reviewed legal expenses acC￿ntS for indications of any posslble non.compliance; and Reviewed the completeness and accwacy of any disclosures made in the financial statements. We assessed the susceptlbility of the group's financlal statements to material misstatement, Including considering how fraud might occur. This was performed by: hlaklng an assessment of the group's systems and controls. Including identifylnq any weaknesses and consldering the risk of management override of controls. Assessing the susceptibility of the grojp's financial statements to material misstatements, including considering how fraud could occur; 31

Natlonal Federatlon of Muslc Socletles Independent Auditor's Rewrt to the Trustees For the year ended 31 December 2024 aking usic Consldedng If there are any Incentives or Op￿rtUnitIeS for management to manlpulate financial results. Obtaining and evaluating the trustees, assessment of the r75k of fraud, and enquirin8 as to wthether they were aware of any actual or suspected fraud: Reviewing the accountin8 policies and accounting estimate5 for signs of managernent bias: and Identifying key risks relating to irre8ularitie5 as relating to management override of controls, the completene55 of income and deferred income in relation to membership subscriptions. We then designed audit procedures in response to the risks identified, including reviewing Journal entries, assessing management estimates and judgements, performing substantive testing and analytical review supported by te5tin8 of underlying controls for income and deferred income. The audit has been planned and performed in In accordance wlth auditing standards, however, because of the Inherent Ilmltations of audlt procedures there remalns a rlsk that we wll not detect all irregularities. including those that may lead to material misstatements In the f inancial statements. There are inherent difficulties In detecting irregularities, and Irregularities that result from fraud may be more difficult to detect than irregularities that result from error, for example due to concealment. override of controls, collusion or mi5repre5entatTons. In addition, the further removed non.compliance with law5 and regulation5 15 from the events and transactions reflected in the financial 5tatement5, the less audit Pr￿edureS are able to identify it. A further descrlptlon of our responslbllitles Is avallable on the Flnanclal Reportlng Councll's webslte at: htt s:/ Iwww.frc. .uklauditorsres nsibllltles. Thls descrIptl￿ forms part of our auditor's report. Use of our report This report is made solely to the parent charltable company's members, as a body, In accordance with Chapter 3 of part 16 of the Companies Act 2CQ6, and to the charitable company's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts {Scotlandl Regulations 2CQ6. Our audit work has been undertaken so that we might state to the parent charitable company's members and trustees those matters we are required to state to them In an audltor's report and for no other purpjse. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the parent charitable company. the parent charitable company's members as a body and the parent charftable company's trustees as a body. for our audlt w￿rk, for thls repjrt, or for the opinions we have formed. JIMes MithiffA)n J MathSeson FCA For and on behalf of Llndeyer Francls Ferguson Llmlted. Statutory Audltor North House 198 High Street Tonbridge Kent TN9 18E Date: 2) 202) 32

THE NATIONAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC Trg&-. CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDEO 31 DECEMBER 2024 2024 2024 24 Unr•$trl¢t¢d R•$trkted Endowmont fun¢ts funds fvnds 2024 Tolal funds 2023 Total fund• Income from: Donations and legacKgS Charitable adivitie$ Other Irading aclivili8s Interest and dividends 153.023 717,913 42,050 23.719 64.181 217.204 717.913 42,050 43.958 241.818 609.472 45,162 32.538 20.239 Tolal 936,705 84,420 1.021,125 928.990 Expendlture on: Raising funds Charilablo activltias 19,Cfj2 743.373 19.062 807.841 19.665 821,634 64.246 222 Tolal 762,435 64,246 222 826.903 841.299 Nel galns on Investments 12 7,582 10,318 N•t In¢omo 174,270 20,174 201.804 98.009 Translers be￿￿8n funds N•t mov•ment In funds 174,270 20.174 7.360 201.804 98.009 R¢¢on¢lllatlon of funds: Total funds broughl foTh¥8rd 423.239 93.107 335.2CA) 851.546 753.537 Total funds Carr￿ forward 15 597,509 113,281 342.560 1.053.350 851,546

THE NATIONAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC CONSOLIDATED BALANCE SHEET AS A T 31 DECEMBER 2024 2024 2024 X123 2023 Flxod assets Intangible assets Tangiblo assets Investments 10 11 12 267,805 10,329 118,709 162,822 6,360 146,128 396,843 315.310 Curr•nl ass•ls DebtOf8 Cash al bank and In harKI 13 153. 1.620.119 179.602 1.306.065 1.774.023 1.485.667 Cr•dltors'. amount$ lalling wllhin one year 14 { 1.117.516) { 949.4311 Nel current assets 656,507 536,236 Totsl n•t a88•t• 1,053,350 851.546 Th• lunds ol th• ¢h¥rlty'. Endowment lunds R651Ticled fund5 Unrestricted lunds 342,560 113,281 597,509 335,200 93,107 423,239 15 1,053,350 851,546 The financial slalemenls were approved by the Board ol Trustees on 21 May 2025 and were signed on ilg behall by.. Rhlannon Harrlson Trustee Andr•w D•vln• Truste•

THE NATIONAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC CHARITY BALANCE SHEET AS A T31 DECEMBER 2024 2024 2024 2023 2023 Not• Flxed assets Intang1t￿O assets Tanglble a55els Investments 10 11 12 267.805 10.329 118.713 162.822 6.360 146.131 396,847 315.313 Current asa•t• Debtors Cash al bank and in hand 13 19).787 1,561.782 200.789 1.268,892 1.752.569 1.469.681 Crodltors". amounts falling duo within on8 year 14 { 1.096.IX61 1933.448) Net current assets 656,503 536.233 Total not ••sets 1,053,350 851,546 The funds of th• charlty: Endowment funds Reslncled funds Unreslricled funds 342, 113.281 597.509 335.200 93.107 423.239 15 1.053,3 851.546 The financial statements vM6 approved by the Board ol Trustees on 21 May 2025 and were signed on ils behalf by: Rhlannon Harrl•on Tru•to• Andr•w D•vln• Tru•te• Company number: 308632 35

THE NATIONAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Nol• CaBh flow¥ from operating activitie#- Nel cash provided by operating aclivilies 349.368 124,745 Cash flows from Inv•stlng actlvltlos: Dividends and interest Irorn investments Purchase of intangible fixed as3els Purchase of tangible fixed assets Proceeds from sale of inveslmenls 43,958 { 104,9831 19.2901 35.001 32,S38 1162.8221 18401 Nel cash us&J in inveslw aclNIt 135,3141 { 131,1241 Chang• In ¢a•h and ca•h •qulval•nts In th• y•r 314,054 16,379} Cash and cash equfvalents at the beginning of Ihe year 1,306.065 1,312,444 Cash and ¢a•h •qulvahnts at th• •nd of tho yo* 1.620.119 1,306,065 A. R•conclllatlon of n•t Incom• to n•t ￿8h flow from op•rntlng actlvltl•s Net income for Ihe 08preciab.on and amofb'sation charges Gains orb investments Dividends and inleresl fr￿n inveslments De¢rease in debtors INGrea￿ in crgditors 201.804 5,321 { 7.5821 143.9581 25.698 168.085 98.009 6,013 110,3181 { 32.5381 11,355 52,224 Net cash sxovided by operating activities 349.368 124.745

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 ACCOUNTING POLICIES £counllng ¢on¥•ntlon Th• financial slaièm•nts ha¥• be￿ pr8p•rnd in aecordAne• wrth 'AcC￿ni1￿2 and R•porting by Chanl$." S181•rth•ni of Recommended Practice applu￿ to charils wepanno ￿r Ac￿nIS in 8cecdante wllh th& Financial Reportlng Standard ap￿￿01 in the UK and R￿ubl￿ ol Irèland IFRS 1021" lèffèthv8 l January 20191- IChanb8s SORP IFRS 10211. th• Financial Rowt"ng S￿nd￿rd ap￿1¢abl0 In th• VK 4nd RpUbl￿ ol Ir•land IFRS 1021. Saclth 4411llel of th• charit￿S and T￿sta0 Inv¢stn￿ni Iscoiiandl Ad X#JS and lh• Convan￿$ Act 2006. M8king Music n￿ets the defini1￿ ol a public benefil enbty uThJer FRS 102. ABsots ond liabilibe$ 8re initially recogrbi8ed al historical cost or transactKJn value un￿$ otherwise ststed in the relevanl Jccounb'ng nole(51. Ther• aF¥ no rnal•n•l unc•rtainh• atr￿1 Il chgitys ab'lty lo (wliriw, ¥nd ￿ lh• png conc•rn bJ8is of aCcoUn￿n9 hA¥ bgon adopt•d. Th• finon¢i•l #tst•m•nt8 arn wu•nt•d ) st•rtiN4 and I(￿￿1•d th• n￿￿•11 p￿nd. Ba•1• of con•olld•tlon The con$oli¢aled financial slat•nKnls i1Kryporth I1)￿ ol Making M￿lC arKI ils thly Jubsidijry undortaking, NFMS Enierwiges Lwnrted. Wl intr¥roup •rwJ c4nsolKl•ib)n. Goln9 ton¢•rn At Ihe time of approving Ihe fm8naal 51alerrnts. the truste05 haw a reasonable expeclation thal the group has 8dequ8le rgsources lo continue in ?￿raI￿oI 9xi91?n￿ lor the fores￿able fvture. Thus th? Trusloo$ conlinue to Jdopt tho 9oln9 con¢wn baw 01 a¢(￿TIng Mi prep8rry thtr fMwky•l Incom• Income from donab'ons and grant$16 recognffjed ¢h8 charity is entsljed ¢0 the fvnds. the receipt Is prob8ble and the amount can b8 moasured r8liabty. For ¢JOn81K￿$. thts is usually on re￿1￿. For grants. this is usually wh8n 8 lom￿1 offor Is made in wnling. unless Ihe grant conlains lerms and CCMKIrt￿ns outs#Je of Ihe charills control which must be mel before the charity Is enb.led ¢0 the funds. Where grants are recewed in res[￿Se to 8 ￿￿O￿o$al Including 8 budgeted m8scale. such that the brnescakn for th8 expendrture ffj inwicrt In ts granl ogreennt. the income 16 reojgnised in accordance wlth that bngcak•. Income Irom log0c￿$ is focrynls•d v4hen ther• has a grant of prob•t•. the •￿cutorS have 6slab118h8d Ihat Ihfjr• a￿ sufficient assets In the estate to pay the gw. pA¥J any condAyM attached we i¢hin Ihe c￿trOl ol lh8 charlly or have already been ￿1 Ing)rr• from tharrtable activrfles. in¢kKlirvJ rnenkn sorvKeJ, over ts pwiod to the Incom relales. Mernbwshlp 8ub8ulpllons ofe rwnlsed cffi o 8traiqhl line b8w$ over the tem ol Ihg subwpltyjn Gths io klnd are only wyknlod In Ihe financial sIale￿nts 1h￿ tho chaiity ij enbuvd lo them, t•then 11 Is probab￿ thal the ¢h8dty will receive the econonlc bwwfits, and ¥abJ• w v•hJo to Ihe tharty, ag 8ppropFiate, tse m?8sured with sufficient ￿liat￿lty. Invèslmènl incom• Is r8ccJnts•d wh•n rMivth. Intw•st li acuuntsd for 08 ACULd whèr• is li dua bul has ntsi yel b8•n cr•dil•d. Exp•ndltUf• El￿n{jIture Is r•ccgnis8d wh•n 8 pl￿ftt l•981 ty ¢fy)stnJelN• ob1vt￿ •XJ8ls 81 th• ￿8￿fic sh8•1 da￿ as a rnsull ol J past went. rt Is probab18 that a trdnsfer ol •corwxrt bw*frts bè rnquirnd lo salk lh• 0￿19a1￿, and Iha am￿nt Can b• èslirnal8d r•llabty. 37

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 ACCOUNTING POLICIES contlnwd Ey[￿￿￿11ur• l¢ontlnu•dl Slalf costs hav8 bs•n allocatsd to •yr#Jltu(• h•8dlngs on th• b8&8 of an •slmal• of ts omc4Jnt of $p8nl by Staff mtrmt•rs In eaeh affja. Support costs are Ihose lunc1￿$ Ihal assist Ihg work ol th? charity i￿1 do nol dlfectly re￿te lo the charitable ￿tIvItieS, •nd Include 9overn8n¢e cosls Sup￿1 ¢o$ts h8v¢ been alrKated lo charil8bL8 aCtNiti95 on the basis ol dI￿¢t 818fl c95ts. Fund a¢eountlng Unrestricted funds can be u•ed in with the ch8ril8bl8 ot￿ ot ts discrnbon of the tnjsteots. Rost￿e￿ lunds can onty b• lor th• r•strt•d W￿0£•$ wlthln th• oblgcts of th• ¢thty. Rèstrictions ari$• wh•n by th• donor or v•n fvndj ￿ rno•d fty p•rtKth r¥$1￿ purpow. Tha pom)an•r¢l ft￿d ￿al•S to a l&Ja¢y from Phllp & Oc(cthy Gr••n for mu8lcian8. The IncAYM18 tr8nsf6Th0d lo a soparat8 f•81nct8d fund. Deslgnaied fund6 are unrestrtcted lun(Is tho Iwvstees havo desnaled to be used ft¥ a pathyjlar PUfPOBe, T•nglbl• Ilx•d #nd i￿1¢10110n fix•d 8888t8 are statsd at eo•t1888 dow￿tion. Durh)g th• ￿ar. th• Boa￿ approv•d a n•w accoul￿n9 ftx1ur•s. fittlngs and •quipm•nt thanglng from a histor reduciNJ balanca basis ol botweèn 7 and 33% to a Stra￿h1 line baws H¢stort assats which mèt th• definilk)n of 16as8hcdd impfov8m8nts transf8fr•d to 8 ntr¢V catawy and d•weoat•d ov81 lh8 rema)ing ￿ngth of th8 oific8 I80￿. Th• Irtsst••s b•lk•v• Ih•t W m•asur•s • an wopilat• aTh1 pr￿1 r•s¢￿￿ to •tvJ of th• ojrnnt offt• lease in 2025. D&pr•c￿1¥jn Is provKled at rai•8 ¢•kU￿ to vnit• oll th• eosl ¥$tim8t•d wltsablè valua ol •och oslet ov•r its •yct•d usèlul lrfè, as folbws.. Leasehold inwro¥•m8nts Fixtuffjs. fflbngs and equipnrt Compuier equipment straJhl h"n• basis over rem•lning lease lil• remaining nel bc)k vahJe on straight lino baso ov•r >ars 33% on the stravjhl ￿n8 basi Assèts cosbn9 hs8 than £5￿ not c•prtAh8•d bjt •r• rncogniwl M •Npèndilurn A) th• sts￿￿nt of Fin8ncwl ACt￿lt￿S y•or I￿rI•￿. Intsnglbl• fix•d 8•Mts •nd amortlMt¥on Inlangible fixed assets are recognSsed wthen rt is wobatAe Ihat lubtsre eCtV￿ benefits wll be reafised and Ihe cost or value ol dèvelopm6nt can b• measured rel￿b￿ Thay afe stat•d at cosl loss amorbsatKM) The cost ol the asset comwses rts purchas• pnce and directly attn'bu12N• costs ol yepariThJ th• ass•t lor rts Int•nt1•d uso. This Includes employ80 costs ansing from Ihe genera￿on ol th• int8ngible asset. Exp8ndrtUffj rosearch is oxpensad. Completed assets are ary￿rt￿d ovor thelr uselul ecOr￿n￿ hfe frrmn the ff￿￿th ol conWel￿. Durhig 2023. tow ty) th• d•v•kpnwl Fths• of • •bslt• d¢it•l kN)rt•l fty our rTwmb•n. The 8velopmènt costs hav b¢¥n capiialised and trSat8d a$ an IntangiN• fixèd asset IpTrvK)u$ wèbwt¢s hovo ba•n trogt¢d •$ tan9ible fwl a8¥elsl. Afftjrbsolw will b•3in Wh￿ thg websil? op•rgtiwl in 202$. Music eatak4Jw ¢opynght licèn￿$ Now w•b￿al2025> S% on Ih& strai9ht lino W"$ Inv••tm•nt• Listed Investments 8r• statsd 8t fair ¥&￿. ln¥wtrr￿l pns WMI th•th•f r•alisod or unr•8lls•d. afe ¢￿bined 8n¢J shown In thè headiThJ "Nel gainsjllossesl on irveslmenls. In Ibe Sts￿rrent of Flnanual Activrtles Inveslmet)1g In $ubsJlary undertakings are stst•d ￿ tho k*•r of fA)St aTh1 n•t r•asaN• t4am￿.

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 ACCOUNTING POLICIES contlnwd Fln•n¢l•l In¥trum•n Other th8n listed inveslrwts. the chaity onty has fin8rKial lns1wTh￿nty of a ￿'n￿ that quality as 1)gwc fin8ncig1 In3trtsnnts. Short lern basic inthlly rwnty•d al Iransacbon ¥ahJe aTrJ subsequenyy 8survd at their $eNleffffjnl value. Employ•• b•n•fits The costs of shm-itsmi ben•frts ar• r•cx)gnis•d as a Ilat¥"lity aTrJ an •xp•n8•. Th• co8t of any unts80d hdhJ8y •ntil•m8nl is r•coJn19•d ￿ lh• pwtsj to ¥knKh •nblb8m•nt rnt•8. Pa￿￿•nts to d•fin•d C1￿1￿￿rt￿ p•nskn •choff￿ •r• dwry•d as an •• th•y fal duo. L￿1￿n9 Rentals p8y8bkn under operntyrKJ l•as•fy •rn charp•d I9&n￿ on a 8tr8oht b•$ty 0￿r IM kna88 t•mi. 2 STATUS Maklng Music 19 a chartlat4• c4Mry>ony by kwranl•o In[￿r￿ in Eng￿Thj w¢J Wakn$. kn tho event ol Iho company being wound up. Ihe l￿bIlity ￿ r8spe¢l o, the guarantee ￿ lirTht•d to £1 par n￿ntsr ol lh8 chanty. The addre8S of the regist•r8d offic8 Is 4 Lon￿ Wall PLaco. London EC2Y &4U. INCOME FROM DONATIONS AND LEGACIES 2024 2023 35.721 181.483 30,339 211.479 Gran1$ 217.204 241,818 In thè ￿ta￿1￿j pèritsy. 01 È71.8fy) and lotal 01 £85.088 rosirthd. 4 INCOME FROM CHARIT£LE ACTMTIES 2024 2023 Mgrnb•rnhlp $ub8¢rtpl)n$ 571.483 146.430 493,521 115,951 717.913 609,472 INCOME FROM OTHER TRADING ACTMTIES 2024 2023 Adverbsing R•nlal Othèr incoma 23.5S1 18.0(h) 24,827 19,711 624 42.050 45,162

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 EXPENDITURE ON RAISING FUNDS 2Q24 2023 Staff costs Adv6rb"sSng ag•nt Other lundTai8ir4J costs 10.331 8,485 248 9,957 8,858 850 19.062 19,66S EXPENDITURE ON CHARITABLE ACTMTIES R•sl•t•d 2023 2024 3024 Supportlnq Supportlnq lolsurnvtln m•mb•rs fftu•k 2Q24 Totsl Tot•1 Staff costs Dirnet tost8 Publ￿ts.0n costs Promoter subsklieg Event cosls Grant3 payabsg supp￿ costs alloeat¢d 401.$29 75.796 14,658 1,072 8.672 10.225 191.739 61.286 13,628 462.795 89.424 14.658 1.072 8.672 10.225 220.995 444,358 102.684 24,716 2,679 3,288 8,275 235.634 29.258 703.691 104.150 807.841 821,634 SupFty)rt ¢osts ¢onWs•'. Support staff costs Other stall costs MarkebrvJ Premises and office costs Dgpr8CiatK)n Legal and aC¢OLM)thney f•è$ Oih•r costs Govemanc6 cosis.. Trustee expenses Audil 1•08 72.815 7.086 73.120 12,450 15,990 108,799 6,013 752 8,934 112.656 5.321 6.828 2.030 2,326 7,250 220.995 235.634 In the pl•￿dIng P•r￿1. •¥w￿"I￿r• of £88.105 from r•slrthd aTh1 •ndowm•nl fuThJ8. NETINCOME ZQ24 2023 N¥t In¢om b SI￿•￿ oft•r chgrtynWlcr•dltlrwJl'. Dapredat￿N Audito￿. renNJrffjratkm for atjdtt gthces Auditors. feTh￿nerat￿ for non-audit seNuJB Operating lo•$0 ffjnt•l8 5.321 6,013 7,250 270 38,887 38.922 As pam)ilt•d by s408 c￿ft￿$ Acl 2￿￿. pornnt charfty has rnt pr*S￿t•d its ovm Stal•m8nt ol FIna￿la1 Actlvhigs 8n¢J ralaied notos. The parent tharills nei inccm? lor lh• ￿•r. b•th dC￿￿kn of subsH1iary profil and 8xclu¢Jlng inv&stsn&nt Q8lnslk)ss￿. was £142.74912023' £4$.2481.

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 9 sT￿F COSTS R•sl•t•d 2023 2024 Gross salaries Ernployers Na￿n91 In8uranc• contr￿1￿9 Empkjyprfs pensw contrt￿l Redundancy paymenl 503.057 42.581 15.365 494,694 42,810 15,303 3,858 562.267 556,665 Capilalssod As Inlan￿ble FiyJ As••t 116.3261 129,2301 545.941 527,435 On• lèmiin8thx paYrt￿nt wa$ p•y¥￿• (rf>J I>Y23'. wl. No emph)yee had eiiWsyTrnt benefrts ley£lud1r￿ pens)n conlnbutionsl above £60,(￿ in the current perfod 12023. one b8trrt•n £60.000. £70.(￿￿1. At the balance 6he•t date. Ihore war• no unp8KI p•nBion cryrtwth812023'. rtho). Tha avèrag• numb•r ol •nWoy••s dunng thè ￿ar was 18 I2023."171. Th• numbér ol ful￿tim ffjulvaknnt •mpIo￿8 wa8 1412023..14k Two ￿Mp￿y￿ toc p8r8nthi dunng lh8 b8r12023.. thrèl. Duriry Ihe preparation ol Ihes? fThro81 staten￿nlq. rt wa$ nthl th81 in Ihe prky pefKé upitalised s¢alf cos¢s of £29,230 had been deduc¢ed from direct costs in Ihe SOFA. The prior FWK)d fvJures have therefo￿ been restated lo reduce staff Costs £556,665 to £527.435 Irbote 91 and iwK¥e06e direct CQ8ts frryn £73.454 10 £102,684 Incts 71. 1Q INTJIGIBLE FIXED A8SETS Group and ch•rlty Hc•nc•¥ W•bstt• Tol•l Cost Broughi Iomfard at 1 January 2024 Addibons 162.822 104.983 164,322 104,983 Car￿d Icmward at 31 Decwntw 2024 267.805 269,305 Am0rtl•4tlon Broughl ftsrwArd at 1 January 2024 Charged lor tho y8ar 1.500 Car￿d foThvard at 31 O•c•mb•r 2024 1.500 Net book valu• Al 31 December 2024 287.805 287.805 At 31 D•cwnber 2023 162.822 162,822 In 08eenw 2022. Iho ch•rlty m•J• a contraciual c4xrthlm8nl lof the dov•hwMnt ol a n•w websrt• and dlgtsl d•liv•ry portal. tJu• lor delivery in 2025. Devobw•nt Costs to 31 00￿mber 2024 have be￿ treated as an Intan9ible fixed assel. The •s￿Mated remainlro devekjpmenl cost 01 £128.614 has baen transleffed io a d&sHJnaled lund. Any)rbsakn wlll commnco vthen tho websito r6 OP6ralthal. Rosaarch 6xp0Thjrtu￿ for the proh8ct was trea￿d as an eypense in prk y88rs. 41

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 11 TANGIBLE FIXED ASSETS Flxtur•s. LMs•hdd ftttlftgs •nd Compul•r •qulpm•nt •qulpm•nt Group Ind chrlty Tot•1 Colt Brought fO￿8rd at 1 January 2024 AddilKns Di5P05als 10.265 6,969 130.196 147,430 9,290 18.6761 11521 18.5241 Carl￿d fcward at 31 D•c•mbw ￿24 10.285 6.817 130.962 148,044 D•pr•clatbon Brought foward 811 January 2024 Ch8rg¢d lor the year Disposals 7,472 1.862 6,389 127.209 2.879 18.5241 141,070 5,321 18.6761 11521 Cath8d I￿91d at 31 D•¢wnb•r 2024 6.817 121.584 137,715 N•t book valu• Al 31 Decwnber 2024 931 9,398 10,329 Al 31 D•c•mb•r 2023 2.793 2.987 6,360 12 INVESTMENTS 2024 2023 Group Llst•d Inv••tm•nt• Fair value al l January Aijditions Disposals un￿811$8￿ gakn$ 146.128 135,810 141,152 1135,8101 4,976 131.9561 4.537 Fair va￿• ot 31 D•¢•rt 118.709 146,128 In addtbon, the ¢h•rity h48 ￿ i)¥•sbYnt of £412023.. £41. • Wing al1￿% ol Iho sh•r• c•ptsl, #i NFMS Enterpnses Limited Icompany nurrthr 028445321. its tr8diThJ sUb￿dIary. NFMS Enl8rprises Lirnited is a company feglsièr•d In England and Wa￿# wth hum￿r 02644532. Its rtyL8I?r￿ ollts 9 Holyrood Slmt, Ltsndtsn SE1 2EL. AII ol ils pro11￿ aro convnant*d 10 Ihg por•nt chanty. The subsklAry contrtwJl8d bJmov•r of £120.95612023.' £98.4751. expondrttsr• 01 £89.48312023." £80,031> and a profrt to the charhy of £51,47312023." £38,4441. Al th• baknc• sh￿t dat•. I￿ SUb￿lary h•J net ass•ts 01 £412023." £41. 42

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 13 DEBTORS fjroyp 2023 Ch•rty 2024 Ch•rty 2023 2024 Trade debtors Arnoun16 by group underlaktys Pr8paym•nts #nd accfued incom 116,447 137,563 94.131 62.620 34.036 125,052 35,685 40.052 37.457 42.039 153.904 179.802 190.787 2CQ,789 14 CREDITORS: AMOUNTS F￿LING DUE bThlN ONE YEAR Gmup 2024 Group X123 Ch•rlty 2024 Ch•rlty 2023 Trad8 and oth•rer•dftors Dolerred subscripbon in¢0 Accruals and 0￿er deferred InconvJ Tax and $0ry81 $W￿rity 452.231 543,721 77,681 43.983 379.154 434.891 106.450 28.936 448.207 543,721 63.131 41.007 379.091 434,891 96,776 22,690 1.117.$18 949.431 1.096.1)66 933.448 Included in trade and other creditorn aro Snstsrance 01 £420,842 12023. £341,035) cdkrycled from m&mb8rs by Maklng Plusic as agont ￿ beh8W ot the Insumr. ￿s0 Induded are PRS contribubons of £8,447 12023.. £7.8391 collected from members to be rem￿8￿ to PRS alter the year end. D•forr•d subscnptmyi Income includes mnefship paym8nts fecelved Sn advance ol Ihe Thmbefship period. Wrthin accrual$ and other delerred incom are defeffed grant incorne balanc￿. where the charity does not have entslleffenl to the Incon al the Balance Sheel date. The nK)vernen¢ on deferred 8ubscripivJnB ￿ ¥s Icknv5.' Group Jnd ¢hthrlty 2024 2023 Balance al 1 January 2024 R81oa5ed to in¢oTh R¢¢•lv•d In lh• ￿r and d•l•wrn 434.891 1434.8911 543.721 426,823 1426,8231 434.891 Balanc• at 31 D•c•mt•r 2024 543.721 434.891 43

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 15 MOVEMENT ON FUNDS Crrl•d lonv•rd CURRENT YE￿1 lon¥•ral mov•m•nl Tr•n•fw¥ P•mian•nt •nd¢>wm•nt Philip and C)orolhy Gfoon 0ndOw￿nt lund 335,2 342,560 R••trlGt•d fvnd• Philip and Oorolhy Gr￿ Ingyr lund Adopt a Music Cr88tor P & D Green Young Arbsts fuTh1 ACE Feasltslrty Projoct lund Other restrKt•d hJnd8 51.149 24.999 49,787 11.9151 { 19.7331 17.9191 {261 120,383) 313 19.733 80,533 23.397 7.919 9.040 337 9,351 93.107 20,174 113,281 Unr••¢rlct•d fvnd• Dsign31￿ funds General fund 114.333 11.0721 175.342 15.503 115.5031 128,784 468,745 423,239 174.270 597,509 Tol41 lund• 8S1.548 201.804 1,053,350 G•ln (los•sl Cumtnty••r n•t mov•m•nt c¢mpYlsK.' N•t mov•m•nt P•m)an•nt •nd¢)wm•nt Philip and C)orolhy G￿en endowThnt lund 12221 7,582 7,380 R•strlct•d fund• Philip and tr*0lhy Gregn In¢cfft lund Adopt a Music Crèator P & D Gr••n Young Arn'sts fuTh1 ACE Fe8slblty Project lun(1 (hher re61rKted funds 49.854 25.000 1871 { 26.9151 { 19.7331 9.7091 17.8021 49,787 11,9151 119,7331 17,9191 1261 1.7 7.776 84,420 164.2461 20,174 Unr••irf¢t•d fund¥ Designaied iunds General fund 11.0721 1761.3631 11.0721 175,342 936.705 936,705 1762,4351 174,270 Tol•l lund• 1.021.12S I826.￿3) 7.582 201,804

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 15 MOVEMENT ON FUNDS ¢ontlnu•d 8mught fonvrnf mov•m•nt C•nl•d fornrd PRIOR YEJI Trnnf P•rnian•nt •ndowm•nt Philip and Dorolhy Grogn ondownnl lurKI 325,27S 9,92S 335,200 Ae•lrl¢tsd fvnd• Philip and Dorothy InC￿rn• lund A(Jopt a Music Creator P & D Green Young Arb'sts fuThl ACE Fg8$ibilty Projed fvnd Oth•r r•S1￿¥d lynd8 76.058 24,(KX) 31,143 121.6831 { 18,2991 7,919 11,7041 156.0521 22.682 18.299 51,149 24,999 7,919 9.040 8.894 1.850 108.952 12.6241 113.2211 93,107 Unr•8trfjct•d lund• Designated lund6 Gener81 fund 49.445 269.865 18.8941 99.402 73.582 160.3611 114,333 308,906 319.310 ,70B 13.221 423,239 Total lund• 753.S37 851,546 G•lnsl (lo•••s) Pl¢¢ movom•nt P•m)an•nt •ndowm•nt Philip and Dorolhy G￿en endowrTK•nt fwxl 13931 10,318 9,925 R•slrSct•d fund¥ Philip and Dorothy Gr••n incoTh lund A(Jopt a MusSc Crnalor P & D Green Young Artssts luThl ACE Fe8sib'lrty Proiecl fund OthFJr mlrkted lunds 31.344 25.0(K) 12011 146.6831 118.2991 114.5811 17,9481 31,143 121.6831 118,2991 7,919 11,7041 6,244 187.7121 12,6241 Unr•strlct•d lund• Designaied funds General fur 18.6941 1744,5(K)I 18,6941 99,402 843,￿2 843,￿2 1753.1941 ,708 Total fvnd• 928.9 1841.2991 10.318 98.009 45

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 15 MOVEMENT ON FUNDS ¢ontlnu•d Phlllp and Dorothy Grn•n •ndtyatm•nt and rnslrtct•d lunds This endowment enables us lo provKle grants. awarrls. prize5, donJbon8 or financkgl sponsorship lo >vung musici&n8. In￿rne is Iransferred to project hjnds Induding Ihe P & O Green Young Arfls15 fund whth enables young musiclans al the stsrt of Ihthr cgrfjer to vilal concert and fwilal experience 8CTOS$ lh8 UK. The s¢hemg also allows Making Mv$ member groups to tsp into ol the very best fftung musKal laknt to prograrrffie inlo Iheir con￿rt. Income from the endowrrnt also part-fund5 ¢he Adopl a MUS￿ CreatL¥ pr(¥ecL run annuauy by Makn'n9 20QJ and th? Awards progr8rnm8 for con¥wrs and a[￿r￿je1¥. Adopl 4 Muslr Cr•4tor This project enables us to pair a •rwmbkn wthh an em8rgiThJ conwer. 11 provx1es a uniqu& opportunity lor leisure.lime musicians to direclty Wnth 8 conwoser. be athe￿ involve¢J in the creatNe process and discover new musle. The project Is fuDdad by the PRS lor MUSK FoundaJon and the Philip and Doffjlhy Greon fund. Separale l¢Jnding for tho proi•cl m Scoll8n(J is r•cw•d Irom CrnalN• Sc4Jland. Ace F••lblllty Prol•ct Fund This grant was awarded by Arts CouTral England lo lund inv8stKJatw Into the Ioasiblity ol moving the bcalKJn ol the charitys olfice outshye of London This w8s awarded ￿ conjuncbon wrth the charitys status ol an ACE Investment Principles Suprth Organisation IIPSOI under the transfer kwogrnrnftx. The prw completed In FebNary 2024 and the Board deckjed lo remain in Londcffi lo relw tho staff team. Oth•r T••1￿¢1•￿ fund• These funds enable us lo m8ke 8 nurtw ol aw•rds. tw89￿9. and wizes lo mus￿￿n$. groups. and organisatk)ns in both the vdunlary and prolessional seclcrf. Sorn of Ihese. SUL as Ihe Sir Charles Groves Pnze, f8cognL8e lrfekng C<￿trIbulkIn5 to the lrfe ol the UK. D•slgn•t•d fvnd• Tho do$+gnated funds v•prns•nt th• r•maining dav•bwtxnl cost Iwd9•t now w•boit• of É128,614 12023.. t113,1121 and artist Sub￿d￿8S of £15012023" £1.2221. 16 ANALYSIS OF NET ASSETS BETWEEN FUND8 Group 2024 Unrn¥trkt•d lunds 2024 2024 R￿tr￿l•d Endowmont nd• funds 2024 Tol•l fvnds CURRENT YEMI Fixed assets Nel ctsrrent agsols 278.134 319.375 118.709 223.851 396,843 656,507 113,281 597,509 113,281 342.560 1,053,350 2023 Unr•strkl•d lunds 2023 202J R•stricid Endowment rund• und¥ 2023 Tol•l fund• PRIOR YEAR Flxed ass•ts Nel curyfrnl 888ols 169.182 254.057 146.128 189.072 315,310 536,236 93.107 423.239 93,107 335.200 851,546

THE NAnoNAL FEDERATION OF MUSIC SOCIETIES TRADING AS MAKING MUSIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2024 16 ANALYSIS OF NET A8SETS BETWEEN FUNDS contlnu•d Ch•TIty 1024 2024 ZQ24 Unrnstrkt•d R•sti¥¢t•d Endowm•nt nds und$ 2024 Tol•l fu•Trd• CURRENT YEA Fixed 888•ts Net current Bswts 278.138 319.371 118.709 223.851 396,847 856.503 113.281 $97.SOg 113.281 342.560 1.OS3.350 2023 2023 202) VnrnSt￿t•d R•$1￿¢•￿ Endowm•nt fund¥ nds lund 2023 PRIOR YER Fixed as38ts Net ¢￿r￿n1 as591s 169.185 254.054 146.128 189.072 315.313 536,233 93.107 423.239 93.107 33S.2th) 8S1,546 17 FINI4CIAL COMMITIIENTS Al 31 D•c•mb8r 2024 lh• charfty was to fftnNm 18aBe pa￿Nn￿ und•r I￿nde8n¢81l9b￿ op•ratSng 188s8s a8 I￿lows.. 2024 2023 18.C#)S 1.712 38.887 17.346 Duè in to ￿ar9 At 31 Oecember 2024, the chanty had cornnwtrn8rt5 of £34.039 for Ihg developrnent of a new websrte and dvJrtal deliv&ry portal due lor delivery in 202512023.. £98,424) and an annual cOmmrt￿il 01 £23.850 lor a mniloriTr4 and malntenanco •gr9emnt untsi 31 Auyu$l 202812023.. £23.850). 18 RELATED PARTY TRANSACTIONS The key managerwt perS￿ne1 are consmjwed to be the tr￿lee$. ts Chiel Execubve, the Oeputy D1￿ctOr IMernber5hip 8 8usiness Developnntl, the Deputy Olreclor IA¢fvocacyl and the FknarK8 Director. Tho total amount ol t￿01519 IndudiThJ empb)rf8 naiwl kn8urnnc• •ThJ w8lon conidbukn.onsl f•c•N•J by key man8g6ment personnel during the was £174.31312023'. £209.5201. Thorn weto ￿ Tru6ts93' r•rm1￿￿n b¢rfts dwThJ thtr ¢uTh•nt ty prw peTrxl. Truste￿ were r•Irth￿¢￿ of £1,311 (2023.. £2,3491, kn respo<a ol gwJhl12023.' seven) twsle¢s ltsr Iravol and subgk8tence costs. The￿ wer8 no otsr related pa1y Ir8n5actU￿ in Ihe year. In 2023. M$ Cbre Bi￿$ ser¥ed as 8 trustee nd was rdated lo thfj ownef of Ihe property Lgased by Ihe charity. The ￿n￿nt ol Ihe Kryase charyae payable per 8nnum was £36.996 Whde serviTrJ as a twsle8. MS 8rfks was exduded Irom any discussK)ns on property-relaled rn3Ngrs and thè reni was negotsated th18n arm's ltrrwl 0￿. 47