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2024-12-31-accounts

Society for Education, Music and Psychology Research (SEMPRE)

Annual General Meeting, Thursday 10 April 2025

13.10 – 13.50pm online via Zoom and in person (Carole Nash Recital Room) at the ‘RNCM 2025 Conference’

M I N U T E S

1. Present:

Dan Baczkowski, Freya Bailes, Kate Blackstone, Josephine Borradaile, Karen BurlandClark, Ian Cross, Jane Ginsborg, Dana Greaves, Melissa Kirby, Theo Kozlowski, Alexander Lamont, Geraldine Leighton, Elizabeth MacGregor, Gerardo Acosta Martinez, Nikki Moran, Diana Omigie, Michelle Phillips, Helen Prior, Dawn Rose, Lilian Simones, John Sloboda, Borges SMEAM, Mary Stakelum, Eunice Tang, Graham Welch, Simone Willis, Karen Wise, Xi Zhang

2. Welcome

IC (standing in as Chair for GfW who was attending online) welcomed everyone to the AGM and extended particular thanks to Professor Jane Ginsborg and Dr Michelle Phillips (RNCM) and Professor Alexandra Lamont (University of Queensland), for timetabling this meeting to take place during the annual spring conference of SEMPRE, Intersections between music psychology and education , 9-10 April 2025 at the Royal Northern College of Music in Manchester. Our congratulations to all involved in the conference.

3. Apologies

IC noted that apologies had been received from the following members: Julie Ballantyne, Scott Bannister, Margaret Barrett, Christopher Dalladay, Sue Hallam, Alexis Kallio and Kathy Marsh

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SEMPRE AGM 10 April 2025 MINUTES

4. Minutes of the previous AGM held on Friday 14 June 1014 during the MET2024

Conference.

IC asked members present to confirm their agreement that these were a true record: agreed.

5. Matters arising

IC confirmed that there were no matters arising from the previous minutes but reported

the outcomes of Elections for Committee Members as follows:

Elections for Committee Members: To note that the following elections have been made: Trustee:

Dr Helen Prior replacing Professor Alexandra Lamont

PhD Student Representative:

Dan Baczkowski

Lisa Thorpe

Early Career Researcher

Kate Blackstone

Lay members

Margaret Barrett, Raymond MacDonald and Kathy Marsh

6. Chair’s Report (Professor Graham Welch)

IC presented highlights from GfW’s Chair’s Report:

6.1. Special thanks

6.1.1. Committee My thanks again as Chair to everyone on the SEMPRE

Committee, Officers and Trustees for their positive contributions to the work of the Society over the past twelve months and more. Special thanks to Professor Alexandra Lamont who resigned as Trustee in November 2024 and, in particular, for all her work both as Trustee and Editor in Chief of PoM over a number of years. Despite the continuing fall-out from the pandemic and the need for extensive virtual communication, we continue to have a successful global presence in the worlds of music education and music psychology through our charitable work. This embraces our portfolio of publications (three journals, a significant web presence and book series), support for international conferences and small grants award schemes, as well as funding for special projects to support underserved communities in different parts of the world now badged as ‘Making a Difference’ (see below).

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SEMPRE AGM 10 April 2025 MINUTES

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6.3. SAGE-based Income for SEMPRE over the past decade and more (January to

December)

IC presented the overview of royalties noting how these had remained healthy despite significant changes to publishing in recent years: Income 2010 = £61,312.15 Income 2011 = £59,673.18 Income 2012 = £102,480.50 Income 2013 = £111,310.33 Income 2014 = £112,944.58 Income 2015 = £128,134 Income 2016 = £134,482.90 Income 2017 = £150,593.98 Income 2018 = £146,684.04 Income 2019 = £159,460.48 Income 2020 = £161,221.50 Income 2021 = £133,354.13 Income 2022 = £162,479.25 Income 2023 = £152,163.68 Projected Income for 2024 = £143,278.67

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6.4. Routledge (formerly Ashgate SEMPRE Book Series) 2024

To note the continued growth in the number of volumes – see details below: https://www.routledge.com/SEMPRE-Studies-in-The-Psychology-ofMusic/book-series/SEMPRE = N = 55 authors and 46 volumes to date, including new volumes by Tuomas Eerola, Oscar Odena, Georgia Volioti and Daniel Barolsky, Janson Goopy, and an edited collection by Mats Kussner, Liila Taruffi and Georgia Floriou, plus 6 volumes commissioned.

6.5 SEMPRE Awards

IC drew members attention to the number of awards made over the last two decades and to the additions to Sempre’s award portfolio.

2024

In November 2024 the Trustees reviewed the current award portfolio and wording. Two new awards have been instigated: One for Rosamund Shuter following her recent legacy for the Society

(https://sempre.org.uk/awards/award-categories/rosamund-shuter-award/) and the other for Fabia Franco (https://sempre.org.uk/awards/awardcategories/fabia-franco-award/):

Rosamund (text by Desmond Sergeant): New SEMPRE award of £3000 on ‘assessment in the psychology of music and/or music education’

Rosamund Shuter was a psychologist who had a great interest in music and musical abilities. She was a founder-member of the Society for Research in Psychology of Music and Music Education (SRPMME – now SEMPRE) and later a distinguished editor of its journal Psychology of Music . Rosamund presented her doctoral research at London University in 1964 on An

Investigation of Hereditary and Environmental Factors in Musical Ability. This theme became a principal thrust of her subsequent work, which over a period of thirty years brought some thirty papers in professional journals, many of them in the Bulletin of the Council for Research in Music

Education (CRME). Her first book The Psychology of Musical Ability 1968) became a go-to resource for anyone interested in the field and still, after 60 years since its first publication, provides a valuable background to this area of research. Rosamund was a person of great charm, and in her later years

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SEMPRE AGM 10 April 2025 MINUTES

her religion became a great support in her life and lead to several researches on the beliefs and attitudes of church musicians.

Fabia (text by Ian Cross): New SEMPRE award of £3000 on ‘early

childhood development and music’

Fabia Franco's research focused on the development of communicative behaviours, with significant contributions on the roles of gesture, culture and music in the establishment of multimodal communicative capacities. Her work has implications throughout the lifespan but she was particularly concerned with the importance of music in infancy and early childhood.

b. Latest awards overview comparison for the last 10 years (see below):

6.6 Miller Investments

2024

These stand at £376,093 as at December 2024.

6.7 SEMPRE International Projects:

We are celebrating our impact as a Society under the umbrella of our new - ‘Making a Difference’ Awards (https://sempre.org.uk/awards/success stories/)

Our international projects over the past few years have involved initiatives in cultural education in India and Nepal; special needs projects in Pakistan, Haiti and Brazil; music for young children in Afghanistan; new and ongoing support for post-earthquake survivors in container schools in Turkey, several projects on music for inclusion and literacy in Kenya, plus music education in Uganda and family support through music in Gambia. We have also supported a new music education and ecology programme in an underserved community in NE Brazil. We also have been working with ISME in its new regional initiative to enrich and promote music education in under-served communities in various parts of the world, originally launched in 2021. Recipients are from Kenya, Malaysia, Mexico,

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South Africa and US (focused on native Americans). See

https://www.isme.org/news/isme-sempre-music-education-research-grantrecipients-announced Our latest collaboration is with the ISME Research Commission in 2025-2026 to support research-informed music education for underserved communities in Kenya, Uganda, Nepal, Canada and India.

7. Treasurer’s Report overview for 2024 (Professor Karen Burland)

(See Annex for the official accounts as reported to the Charity Commissioners for the period ending 31 December 2023 and an overview of our finances as at December 2024.) IC invited KB-C to introduce this item. KB-C said she had little to add to the report below but noted that Sempre was in a really good position, investing wisely and keeping a weekly eye on the performance of the society’s Miller Investments.

SEMPRE’s finances are extremely healthy for two reasons:

In 2024 we have promised around £80,423 of awards with an overall committed total of £1,143,042 (£1,134,372 paid) since 2004/05. Trustees have reviewed the award portfolio taking into account the £15,000 legacy payment received on 1 June 2023 from Rosamund Bourke’s estate and these revisions are reflected in the expanded range of awards on the new SEMPRE website (https://sempre.org.uk/awards/).

Finances are very healthy across our accounts and with a total of £82,778 of funds committed overall and projected annual running costs for SEMPRE of just over £49,000, I would suggest that our spending is appropriate.

By way of some background to this proposal: our Miller Investments were opened in December 2015 with an initial investment of £50,000, £50,000 in December 2018, £50,000 in March 2019 and most recently £150,000 in August 2024 making a total investment of £300,000. As at 2 December 2024 our Miller Investments portfolio value stands at £376,093 an increase in value of £76,000.

SEMPRE AGM 10 April 2025 MINUTES

Lastly, just to confirm that our auditors Crouch Chapman reviewed our 2022-2023 accounts and these were submitted as part of our Charity Commission submission on 31 January 2024 for the financial period 1 April 2022 to 31 March 2023. Then in line with the recommendations of Crouch Chapman we moved our reporting period to calendar years which required an additional submission on 31 October 2024 for the period 1 April 2023 to 31 December 2023.

Just to note that our next submission for the Charity Commission will be 31 October 2025 for the financial period 1 January 2024 to 31 December 2024. This move will better reflect the way our income from both royalties and membership is received.

Finally, I would like to thank Josephine once again for her continued efforts in supporting the Society – she is vital to its smooth operation.

8. Membership Report (Josephine Borradaile)

See Annex for report. IC invited JfB for comment and she noted that there had been a pleasing increase in memberships in 2024 with a return to pre-pandemic levels in part due to previous members returning and also the impact of the Music & Science author initiative.

9. Editors’ Reports (see Annex for editors’ reports)

IC asked the editors present if they had any additional comments but they all advised members to view the reports contained in the annex.

10. Conference Secretary and Conference Liaison Officer (report by Dr Helen Prior and Dr

Mary Stakelum)

See Annex for report. IC invited comments from HP and MS: they put in a plea to members for future conference hosts particularly internationally as they are keen to extend their reach. In addition, hosts are needed for both the Autumn of 2025 and the Spring of 2026. HP reiterated her thanks to the current conference organisers who have done such a fantastic job.

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11. Webmaster’s Report (GfW)

On behalf of GfW, IC reported that following a tendering process and independent advice, Sempre commissioned a specialist web design company OSCH to design a new website for SEMPRE. In December 2024 a new Sempre Electronic Media Officer, Xi Zhang, was appointed who has been instrumental in the populating of the new design with updated text from the original site and also adding new elements, such as testimonials and images related to successful awards. The new website launched on Wednesday 19 February 2025 (https://sempre.org.uk).

IC then presented some of the elements of the new website, focusing in particular on the Awards section and how the kinds of research being supported is being evidenced through previous award recipient testimonials and visual material, noting that it is hoped that this will help to broaden Sempre’s reach internationally.

12. Any Other Business

IC noted that Sempre remains committed to supporting diversity and inclusion in all our activities, as illustrated by our range of awards globally in each of the world’s regions. Dr Mary Stakelum continues to lead on our policy development related to Equality, Diversity and Inclusion, working with music colleagues across the higher education sector in the UK.

13. DONM

To be confirmed for Spring 2026.

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Annex 1: AGM 2025 Reports

SAGE Overview for 2024

SEMPRE Journals headlines:

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SEMPRE AGM 10 April 2025 MINUTES

Sage Publishing 2024 news:

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SEMPRE AGM 10 April 2025 MINUTES

Psychology of Music Editorial Report

As incoming Editors in Chief, we are delighted to have taken on this role for Psychology of Music in a joint capacity. We extend our sincere thanks to Prof Alex Lamont for all the guidance and instruction shared during this generous transition period, including several induction meetings and fairly continuous email exchanges since late September. We are grateful to Alex for remaining involved as outgoing editor until the end of the month, and of course for her huge contribution to the continuing health and success of the journal. We have big shoes to fill.

Since picking up the reins at the start of October, we have enjoyed meeting Sage editorial and production teams; establishing working arrangements between ourselves as joint Editors and with Assistant Editors, Karen Wise and Katerina Drakoulaki; and generally familiarising ourselves with the various stages of editorial workflow. We have also found the SEMPRE music journal editors team meetings to be highly supportive.

The start of our stewardship is of course an opportunity to reflect on the journal's strengths and strategy and set the course for the coming few years. We have begun to review and to expand the Associate Editor team in order to keep pace with the increasing submission load to the journal, and we are pleased to report a further four ASEs will shortly join the team. We expect to recruit at least as many again early in the new year. We will be targeting various specialisms which we feel could broaden the scope of the expertise in this group, including VR, music and evolution, and pop music. We intend to maintain and develop Prof Lamont’s strategy to move towards stricter triage at each stage (Assistant Editor, Editor in Chief, and Associate Editor), in order to focus ASE, peer-review and editorial efforts on those submissions which can best serve the journal’s aims in terms of scope, quality, and impact.

Our plans for the next few months include inductions for new ASEs; review and update of web content to ensure consistency and accuracy across both the journal’s SAGE and SEMPRE landing pages, including our review of author guidelines where these have lately been overtaken by the new SAGE generic guidelines. With sister SEMPRE music journal editorial teams, we will continue to explore and implement strategies around Open Research. We’re expecting to formalise the journal handover in the new year with an Editorial (likely Issue 2), and a separate communication to all PoM authors, reviewers and associate editors.

Finally, it seems likely that we’ll be finessing the way we carry out the role of Editor(s)-in-Chief in a joint capacity for a little while yet, to make sure that the workload and our relationships across all team members are effective and distributed, rather than doubled. (We’ve got a very swish system of communicating which is a combination of Teams, One Note and Outlook to do lists!)

Thanks again to the SAGE team for excellent support – welcome to Saphire Wallis and our best wishes to Hollie Evans - and sincere thanks as always to Karen Wise and Katerina Drakoulaki for all their support and valued contributions as we learn the ropes.

We look forward to feeling very at home as part of the PoM family, and to working with and learning from all of you.

Michelle Phillips and Nikki Moran Editors in Chief, Psychology of Music

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SEMPRE AGM 10 April 2025 MINUTES

Research Studies in Music Education Editorial Report

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SEMPRE AGM 10 April 2025 MINUTES

1 kn202)￿3] thx2021 rffrknerof Deir￿ REitti.r P4 b&d￿All￿n￿￿I￿lNpedhN￿Wt Dedam 1 kn20Xond31 L*2424. (ce E￿d.rEIEF . hL(Epi Of tnaiiuscrip15 m.ith decisions since Janw2024. m05t ￿ere submitted frotn theUS112). Swin {81. Aii%rrnliLI17). China {7}. Finlartd 1514 ￿Trnd M£i141y%la (51. Aii%irlc li￿9 h￿ld rhe highe%1 aecepiance rat¢ {86.1￿). folliiM¢d bj Finlalid {80:'DI. D¢￿pIT¥ l)igli nujnbers ofsubJni5si011s, Ihl uLLii)unL¢ rate tor the US ￿a5 only 25Q/o and tor Spaiii M."as ￿10. No papers ￿'¢re L2ccepted from Malaysia and only one wa5 accepted from China.. hoM'es"er. the authors of th¢ latter paper failed to sign th¢ copyight fO[m￿ and th¢Tef()re the paper has not pTogr¢￿￿td to piiblication. Thi¢¢ Chines¢ In#nu￿l￿ipts ihdi WLre rejeLted were submiiied by tl)e group of auihors and Ihe verllLily or Iheii ￿,tsrk ¢i)ulLI ni)t be proven. 14 SEMPRE AGM 10 April 2025 MINUTES

Julie Ballantyne, Alexis Kallio and Elizabeth MacGregor, December 2024

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SEMPRE AGM 10 April 2025 MINUTES

Music & Science Editorial Report

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SEMPRE AGM 10 April 2025 MINUTES

Of Ihe 274 ers a¢¢e 2017118. ted for 2019 ublication. the followin 2020 2021 2022 countries are re 2023 2024 resented: Total Count Ar entina Australia Austria Bel iurn Canada Colornbia Cze¢h 23 22 Denrnark Finland France German Gieece Hon Kon Hun 16 32 Ja an Mexico Netherlands Norwa Poland Portu Republic of Korea Sin ore South Africa Spain Sweden Switzerland Taiwan UK USA Total 40 19 33 "Date = decision dale (not publication datel 14 10 12 57 36 273 41 35 49 56 Al present, there are 12 original or revised submissions where we await reviewer scores., 2 submissions await a decision by the Action Editor., 15 papers are awailing major revisions. 17 SEMPRE AGM 10 April 2025 MINUTES

statistics Manuscri Month Jan Feb Mar Apr Ma June ts received b 2017 2018 ear ori 2019 inal submissions 2020 2021 2022 10 2023 2024 10 14 10 10 Jul Au Sep Oct Nov Dec 12 16 16 12 21 18 14 10 10 13 16 57 55 61 62 96 94 113 Time until first decision (original submissions since June 20171". Average days.. 71 {N = 5921 Time to Accept (since June 2017)= Research articles {N=2491: M=263 days ISD=158.63 days),. range.. 1-980 days. Book reviewslconference reports IN=22).' M= 22 days {SD46.90 days}- range.. 0-182 days. Rejectionlacceptance rate: Year ect 2017 42.9% IN=12 2018 42.9% N=18 2019 52.4% N=22 2020 41.7% N=25 2021 42.2% N=27 2022 52.9% IN=371 2023 42.9% N=39 2024 48Qlo IN = 48 Total.. 45.8% IN=2281154.2% IN=2691 Acce 57.1% IN=161 57.1% N=24 47.6% N=20 58.30/0 N=35 57.8% N=37 47.1% IN=331 57.1% N=52 52% N=52 18 SEMPRE AGM 10 April 2025 MINUTES

Scott Bannister and Ian Cross, December 2024

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SEMPRE AGM 10 April 2025 MINUTES

SEMPRE Conference Update, December 2024

Recent events:

In association with SEMPRE:

ESCOM12 Multi-Hub Conference, based in York; La Plata; and Melbourne Andrea Schiavio and Helena Daffern (York) July 3–6 2024 https://sites.google.com/york.ac.uk/escom12/

SEMPRE Conference: Autumn 2024: Online Student Study Day Date: Friday 8[th] November HP (University of Hull)

Presentations from students across the globe – Mexico, Brazil, Canada, Australia, Italy, Poland, UK. Surprisingly, no delegates from India, despite their keen interest in the latest MET conference, and none situated in China.

Future Events:

SEMPRE Conference: (See the SEMPRE Website for details) Spring 2025: Intersections between music psychology and education RNCM (Jane Ginsborg, Michelle Phillips) April 9–10 2025

Conference in Association with SEMPRE (tbc):

SYSMUS 25 11th to 13th June 2025 https://www.uio.no/ritmo/english/news-and-events/events/conferences/2025/sysmus25/

Conference in Association with SEMPRE: ICMPC 18 – Sao Paulo, Brazil July 21-25, 2025 https://icmpc2025.abcogmus.com/

SEMPRE Autumn Conference 2025 – host needed!

Hosting by Lower-HDI Countries:

Helen Prior and Mary Stakelum, December 2024

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SEMPRE AGM 10 April 2025 MINUTES

Extract from SEMPRE’s Independently examined accounts for the year ended 31 December 2023

SEMPRE

S�A�EMEN� �� ��NANC�A� AC������ES ��R ��E PER��D ENDED �� DECEM�ER 202�

Note
�n��me �r�m:
Donations and legacies
4
Charitable activities
5
Investments
6
Other income
7
��ta� in��me
E��en�iture �n:
Charitable activities
8
��ta� e��en�iture
Net in��me be��re net �ain�������e��
�n in�e�tment�
Net gains��losses� on investments
Net m��ement in �un��
Re��n�i�iati�n �� �un��:
Total funds brought forward
Net movement in funds
��ta� �un�� �arrie� ��r�ar�
Unrestricted
funds
Period
31 December
2023

15,000
163,992
3,906
6,039
188,937
64,467
64,467
124,470
9,700
134,170
593,663
134,170
727,833
Restricted
funds
Period
31 December
2023

-
-
-
-
-
-
-
-
-
-
1,236
-
1,236
Total
funds
Period
31 December
2023

15,000
163,992
3,906
6,039
188,937
64,467
64,467
124,470
9,700
134,170
594,899
134,170
729,069
Total
funds
�ear
31 March
2023

-
166,455
5,365
5
171,825
134,832
134,832
36,993
�8,805�
28,188
566,711
28,188
594,899

The Statement of Financial Activities includes all gains and losses recognised in the period.

The notes on pages 11 to 25 form part of these financial statements.

Page 9

21

SEMPRE AGM 10 April 2025 MINUTES

SEMPRE

�A�ANCE S�EE� AS A� �� DECEM�ER 202�

Note
Investments
13
Current a��et�
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net �urrent a��et�
��ta� a��et� �e�� �urrent �iabi�itie�
��ta� net a��et�
Charity �un��
Restricted funds
17
Unrestricted funds
17
��ta� �un��
153,799
386,967
540,766
�16,655�
31
December
2023

204,958
167,507
307,839
475,346
�73,928�
31 March
2023

193,481
204,958
524,111
193,481
401,418
729,069 594,899
729,069
1,236
727,833
594,899
1,236
593,663
729,069 594,899

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

������������������������������������������������ Pr��e���r �raham � �e��h

Trustee Date: 31 October 2024

The notes on pages 11 to 25 form part of these financial statements.

Page 10

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SEMPRE AGM 10 April 2025 MINUTES

Financial Summary

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SEMPRE AGM 10 April 2025 MINUTES

Membership Report (Josephine Borradaile)

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SEMPRE AGM 10 April 2025 MINUTES

Charity number. 295670 SEMPRE UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 RPGCC Chartered Accountants & Sialutory Audltor 40 Gracechurch Strg¢t London EC3V OBT

SEMPRE CONTENTS Pa Reference and administratlve details of the charty, Its Trustees and adwsers Trustees, report Trustees, responsbilikn'8S Statement Ind8pendent examinerfs report Statement of financial activities Balance sheet 10 Notes to the financial statements

SEMPRE REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees Professor lan Cross Professor Adam Ockelford Professor Graham F Welch, Chair Dr Mary Stakelum (resigned 2 June 2025) Professor Aex Lamont (resigned 30 November 20241 Dr Helen Prior (appointed 6 December 20241 Professor Karen Burland Clark lappointed 13 June 20251 Charity registered number 295670 Principal offic8 Collage Artspac& 2 4 Coburg Road Londo N22 6UJ Secretary Professor Adam Ockelford Treasurer Professor Karen Burland Clark Accounlanls RPGCC Chartered Accountants 40 Gracechurch Street Lon¢Jon EC3V OBT Flnanclal Adviserg SCM Prlvate LLP Wavedey Court Wllteil Road Llchfield Slaffordghlre WS14 9ET Independent Examlner Jeremy Tyrr811 RPGCC 40 Grace¢hurch Street London EC3V OB T Page 1

SEMPRE TRUSTEES, REPORT FOR THE PERIOD ENDED 31 DECEMBER 2024 The Trustees present their annual report together with the financial slalements for the period ended 31 December2024. The financial statements comply with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective from 1 January 2019) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102} and Charities Act 2011. Objects and Actlvltles The objed of the Society is the advancement of educatlon and research conceming the Psychology of Mu51c and Muslc Education for the benefit of people throughout the worfd. In furtherance of the above oblecl, but not further or otherwise, the Soclety through its Trustees, has the following powers.. To bring together, through the medium of regular regional, national and intarnational conferences and associated publicallons lin print and electronic forms). researchers, policy makers and practitioners in the field of music education and music psychology and contingent fields arts and sciences who may be worklng in comparative isolation, and lo foster a positive relationship between praclislng music teachers, music psychologists, music therapists. cornmunily musicians. other praclits'oners, policy makers 8nd researchers and their respective fi8ld$ of advity; To support, In any appropriate way, research undertaken in the psychology of muslc and music education by members of the Society and others working in the field. This may include financial support al the dis¢rellon of the Trustees, should funds be available Ifor ex8mple, for Ihe SEMPRE Awards programmel., To enable individual$ Involved In research lo Inform others about their work and obtain comment and criticism., To publlsh perlodically journals, includlng the Society's current loumals as 8t the date of adoption of thi$ Constitullon {being the following. Psychology of Music,, 'Research Studies in Music Education, and 'Music and Sclence'l, eilher acting alone or with an appropriate inl8rnalionally recognised publlsher; To publish book series, including as al the date of adop￿On of this Constitution 'SEMPRE Sludie5 In the Psychology of Music,: To make gr8nl$, awards or loans ol money and lo give guar8nlees', To co-operale with other bodies- To raise funds (but not by means of tsxable Iradingl., To borrow money and give security for loans (but only in accordance with the restrictions imposed by the Charities Act 2011 {as amended or re-enacted from time lo lime))., To acquire or hlr& property of any klnd- Page 2

SEMPRE TRUSTeES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 OECEMBER 2024 To let or dlspose of property of any kind (but only in accordance with the restriction5 imposed by the Charities Act 2011 (as amended or re-en8Cted from time to timel),. To sel aslde funds for special purposes or as reseNes agalnst future expenditUTe- To deposit or Invest in funds in any manner Ibul to invest only after obtaining such advice from a financial expert as the Trustees Gonsider necessary and having regard to the sultability of investments and the need for diverslficationl., To delegate the management of investments to a financial expert, but only on terms that.. the investment policy is recorded in writing for the financial expert by ihe Trustees., every Iransacllon Is reported promptly to the Trustees., the perfomiance of the inveslmenls is reviewed regularly with the TNslees- iv) the Trustees are enlilled to cancel the delegation arrangement at any lime the investment policy and the delegallon a￿angement are reviewed al least once a year., vl) all payments due to the financial expert are on a 5Gale or al a level which is agreed In advance and are reported prornplly to the Trustees on receipt., vil) the financial expert must not do anything outside the pow8rs of the Trustees,, To insure th8 prop8rty of the Society against any foreseeable risk and tske out other insurance poIIci85 to protect the Society when required., To employ paid or unpaid agents, staff or advisers; To enter into contracts to provlde seNices to or on behalf of other bodles., To establish or acquir8 subsidiary companies lo a5S1St or act as agents for the Society; To do all such other Ihlng5 as shall further th& oblect of the Socbety. PubllG beneflt SEMPRE is achieving publlc benefit by 8gS1511ng in the advancement and promotlon of education and research concerning the Psychology of Music and Music Education for the benefit of peopl8 throughout the worfd. Achlevamènts and Pertomianc8 The year 2024 was rnarked by Sempre continuing wilh ils wide range of successful core acllvities. Our th￿8 successful journals are published commercially by Sage.. Psychology of Music, Research Studies in Music Education, and Music and Science and, in consultation with colleagues, we look the opportunity to refresh the editorial teams of the first iwo of these loumals. Meanwhile. our book series with Routledge In The Psychology of Music now has 46 tilles and 55 authors, and with more books in p￿$S and under review. Both of ￿10 publishers report a continued healthy take-up by intemational audiences, and the Sempre titles are seen ag central to (heir music offerings. We have also continued to support a range of national and international conferences, both by our own members and also by associated organisalions in the music education and music psychology fields. such as the Inlemational Society for Music Education. Our porifolio of charitable award5 has continued, now lotalling over £1.1 m since its inception in 200415. and with support for major global confefftnces in the plannlng phase for 2025 and 2026. The award5 ¢x)nlnue to be mainly a5 prime funding for small- scale research as well as for individual students and unwaged researchers lo attend national and international events in the Psythology of Music ané Music Education, in line with SEMPRE'S distinct mission. Also, in accordance with our ethical travel policy, we continue to provide funding to organisations lo use electronic media to allow more remote participation in their conferences and to Page 3

SEMPRE TRUSTEES. REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 OECEMBER 2024 reduce air travel. Our financial a5S151ance includes website development Costs and the employment of specialist IT staffing. We also initiated a major review of our own web presence in a competitive tendering exercise, with the revised website being launched early in 2025. Investment Pollcy and Performance In accordance with the trust's conslilution, the Irustees have tfve power to deposit or invest funds, employ a professional fLJnd-manager and arrange for the investment or other property of the trust lo be held in the name of a nominee S￿bJect lo the Trustee Act 2000. The bulk of th8 trust's free reserves are currently held in a common investmont fund managed by SCM Private LLP. 11 was decided 81 add an additional £150,000 of unreslricled funds to the investment portfolio within the year ending 31st Dec&mb8r 2024 Flnanclal R8vlgw The Trust had total nel Income, as defi'ned in the Statement of Rècommended Practice, for the year of £43,10512024.' £132,4051- Thls is after tsklng Into account the effects of nel gains on investments of £11.692 Imarch 2024.. net gain of £7,935.) Nel incom8 bel￿@ investrnent gains was a £31,413 (March 2024.. £124,470). Res•ryeJ Pollcy Funds which are not required for Immediate use lincludlng those which will be required for use at future dale) must be placed on deposit or Invested until needed. The charity maintains sufficient, but not excesslv8, reserves In order to continue 51s charitab obleclives in the foreseeable future. structuro, Govèrnance and Managgment The Society is constiluled under a Constitution originally agreed at the AGM on 13th AprS12002 and subsequently revised on 291h July 2016. The Society consists of the member5, the Trustees, and the Committee. which includes the Officers of th8 Society. The Trustees The Trustees that seThed during the year were as follows., Professor lan Cross Professor Alex Lamont (resigned 30 November 2024} Professor Adam Ockelford Dr Mary Stakelum (resigned 2 June 2025) Professor Grah8m F Welch. Ch8ir Professor Karen Burland Clark lappoinled 13 June 20251 Dr Helen Prior (appointed 6 December 2024) The Twstees have responsibility for the general manag8ment and adminlstrats'on of th8 Society. Page 4

SEMPRE TRUSTEES, REPORT ICONTINUEDI FOR TPIE PERIOD ENDED 31 DECEMBER 2024 The Trustees may delegate any of their powers or fLJnctions to ¢ommillees consisting of two or more individuals appointed by them (but al least two members of every committee must be a Tru5teel and all proceedings of cornmitt8es musl be recorded in the minute book and reviewed regularly by the Trustees. They may impose conditSons when del8gab.ng and may r8vok8 or alter a delegation at any time. There shall be at least three, bul not moTe than five, Trustees. Trustees are appointed by the Commlttee from among its number. Each Trustee holds office until the fifth annivers8ry of his or her appointment, when he or she must retire but shall be eligible for reappointment. Every Trustee, after appointment or ￿￿apPo1ntrnenl, must sign a dedarxtion of wlllingness to act as charity trust88 of the Society. A rellring Trustee or member of the CommSttee Is entitled on written request to an indemnity from the Society in respect of any li8bililies property incurred while he or she held offlce. The Chair of Trustees is appolnled by the Trustees from their number, and rnay be removed from that office by the Trustees al 8ny lime. A person Gan serve at the same lime as both the Chair of Trustees and the Chair of the Committee. The Chair of Trustees does not automatically cease lo be a Twslee as a result of c8a5ing to be the Chair of Twstees. Thec mmittee The Committee. as eslsblished by the Trustees. has responsibllity for supportlng the Trustees in their management and admlni¥tralion of the Society. The Trvslees delegate such powers to tho Committee in relation to management and administration of the Society as the Trustees deem fit from time to lime. Such delegation Includes the followbng powers: To appolnl, from among its number, the Trustees. To make standing orders consistent with this Constltullon to govem proc6edings at General Meetings. To make rules conslstenl with this Constltutlon to govern Its proceedings and proceedings of committees (including itself). To make regulatlons con51Stent with this Constitullon to govern the admlnistration of the Soclely including the operation of bank accounts and Ihe commitment of funds. To res0￿8, or establish procedur85 to assist the resolution of, disputes wllhin thesociety. The Comrnittee consists of the Ghair of the Committee a5 elefjled by the members, the other Honorary Officers of the Society as elected by the members., Ihe Lay Officers, who are lay members elected by members with speclfic designated roles,. up to two Dodoral Student Poge 5

5EMPRE TRUSTEES. REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 DECEMBER 2024 Representstives, nominated by members and appointed by the Committee. and any 5ndividuals c opted by the Committee lo fill any v8concies arising. The Honorary and Lay Officers of the Society have such roles and dutles as may be delermlned from time lo lime by the Trustees lor the Committee, where it has been given due delegated authority by the Trustees). The Honorary Officers of the Society (all of whom serve on the Commilleel comprise the Chair of the Committee, the Secretary, the Treasurer, the Editors of the Society's Joumals, and such other persons to fulfil such honorary positions as may be approved by the members at General Meeting from time to b'me {whether following a proposal of the Trustees. the Committee or of the members). In th8 event of any casual vacancy on the Comrnittee, the Commi118e has the power lo co-opt a member lo fill the vacancy", suo* a COryOPted meml)er shall exercise the full rights of a member of the Comrnittee and serve until the next Annual General Meeting, al the end of which h8 or she must retir8 bul shall become eligible for election by the members. The Trustees have considered the risks to which SEMPRE is exp¢s6d. The malor rfsk concèms the continued demand for the chaAly's publicatlons and the Tru81ees conslder thal the rlsk of a fall In subscriptions 18 mitigated by- A Board of Trustees with the necessary experience and Competen￿ to ensure continued research and the subsequent publishing of findings and opinions in the publicallons that are relevant to praclitioners and researchers in the fields of music education and music psychology, both individually and comblned. Regular Trustees, meetings with effective reporting lo ensure proper review of Operations, Achievement and Performance. Regular and positive engagement with our internatlonal commercial publlshing partners to ensure the fitness of our publication portfolio. Golng Concem With solid levels of reseTves. a firm control over expenditure. and in the absence of any materfal uncertainties over the Charlly's ability lo continue, il is considered by the Trustees lo be a going concern for the forthcoming year and the foreseeable future. Thus the Trustees continue lo adopt Ihe going concem basis Sn preparin9 the accounts. The Trustees pregent their annual report togother with the financlal statements for the year ended 31 December 2024. Approved by order of the members of the board of Trustees and signed on their behalf by.- Prof•$sor Graham F Welch Date-. Page 6

SEMPRE STATEMENT OF TRUSTEES. RESPONS181LITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Tru5tee8 lo prepare financial statements for each financial whlch give a true and fair view of the state of affairs of the charity and of ils incoming resources ar)d applirabon of resources, including ils income and expenditure, for that pertod. In preparing these financial statements. the Truslees are required to.. select suitable accounting policies and then apply them consistently., obserye the methoés and principles of the Charities SORP IFRS 1021.. make judgments and acGounting estimatas tttal are reasonable and prudent., slate whether appllGable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the fin8ndal statements on the going concem basls unless it Is Inappropriate lo wesume that the charity will continue In bu$in85S. The Trustees are responsibl8 for keeping adequate accounting records that are sufficient lo show and explaln Ihe charlty's Irans8CtSons and disclose with reasonable accuracy at 8riy lime the financial posltion of the Charity and enable them lo ensure that the financial statements comply with Ihe Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and éetecllon of fraud and other irregu18rities. Approved by order of the.members of the board of Trustees and signed on it5 behalf by: J a.wL Prof••8or Grtham F Welch Trustee 0818.. 2gl,4,- Page 7

SEMPRE INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DEceMBER 2024 Independent Examinerfs Report lo the Trusle8s of SEMPRE I'the charily'l I report to th8 charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2024. Responsibilitie5 and Basis of Report As the Trustees of the charity you are responsible for the preparation of the accounts in accordanc8 with the requirements of the Charities Act 2011 I'the 2011 Act'l. I report in respect ol my èxamination of Ihe charity's accounts carried out under section 145 of the 2011 Act and in carying out my examination I have followed the applicable Directions given by the Charity Commisslon under section 145{51(bl of the 2011 Act. Independent Examiner's Statement Your allenlion is drawn to the fact that thè charity has prepared th8 accounts in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing Ihelr accounts in accordance with th& Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 in preferonce to the Accounting and Reporting by Charities.. Sla18rnent of Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations but has been withdrawn. l understand that this ha8 been done in order for the accounts to provid? a true and falr vlew Sn accordance with the Generally Accepted Accounting Practice eff8Ctlve for reporting periods beginnlng on or after 1 January 2019. I have completed my examinalion. I confim that no matters h8ve come to my attention In connection with the examinalion giving me cause lo belleve that In any material respect.. accounting records Were not kept in resp8cl of the Gharily as required by section 130 of the 2011 Act., or the accounts do not accord with those records,. or the accounts do not comply with the applicable ￿qUirements concernSng the fomi and content of accounts sel oul in the Charities IAccount5 and Reports) Regulations 2008 other than any requlremenl that the a¢¢ounls give 8 'tru8 and fairf wew whlch is not a matter consiéered as part ofan independent examinatson. I have no concerns and have come across no other matters in connection ￿th the examination to which attention should be drawn in this report in order lo enable a proper understanding of th& accounts lo be reached. Signed.. Dated: Jeremy Tyr￿1[ { A) 291,.1 40 Gracechurch Street London EC3V OBT P8ge 8

SEMPRE STATEMENT OF FINANCIAL AGTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrbcled funds Restricted funds Total funds Total funds Period 31 Oecember 31 De¢ember 31 December31 December 2024 2024 2024 2023 Note Incom• from: Donations and legacies Charitable activities Investments other income 15,000 163,992 3,906 6,039 148,360 8,038 709 148,360 8,038 709 Total Incom• 157.107 157,107 188,937 Expendltur• on: Charitable activltles 123,482 2,212 125,694 64,467 Total exp•ndltur• 123,482 2,212 125,694 64,467 N•t Incom•llexpondltur•l ￿lOr9 not galn8 on Inve8tmont• Net galns on investments 33.625 11,692 (2,2121 31,413 11,692 124,470 7,935 Net Incomèll•xp•ndltur•) Tiansfers be￿00n funds 45,317 19761 12,212) 976 43,105 132,405 16 Net mov•mont In fund8 44,341 11.2361 43,105 132.405 R•concillatl¢n of fund•'. Total funds brought forward Nel movement in funds 726,068 44,341 1,236 (1,2361 727,304 43,105 594,899 132,405 Total fund8 carrl•d forward 770,409 770,409 727,304 The Stat8ment of Flnancial Actlvllies Sncludès all gains and losses rècognised in the year. The notes on pages 11 to 25 fo￿￿ part of these financial slatemenls. Page 9

SEMPRE BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Note Investments 12 369,000 203,193 369,000 203.193 Curront assets Debtors Cash al bank and in hand 13 144,913 262,596 153.799 386,967 407,509 540,766 Current Ilabllltl•• Creditors.. amounts falllng due within one year 14 16,1001 {16,6551 Net ¢urr•nt isat8 401,409 524.111 Total u••et l•1• curr•nt Ilablllti 770,409 727,304 Toial Mt aJ••ts 770,409 727,304 Charlty funds Reslricled funds Unre81ri¢t8d funds 16 1,236 726.068 770,409 Total fund• 770,409 727,304 The financial slalemenls were approved and authorised for issue by the Trustees on 29 October 2025 and slgned on their behalf by.. Professor Grabam F Welch Trustee The noles on pages 1110 25 form part of these flnancial slaiements. Page10

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 General information SEMPRE Is a registered charity, charity number 295670. Its principal office is Collage Artspace 2, 4 Coburg Road, London N22 6UI. The objective ofthe charity remained Ihe adv8nc8ment of education and research concemlng th8 Psychology of Music and Music Education for the benefit of people throughout the world. AcGounts'ng policies Basis of aralSon f flnancial sts ments The financial statements have been prepared in accordance with the Charitles SORP (FRS 1021 Accounting and Reporting by Charities.. Slalernenl of Recommended Practice applicab18 to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'lrue and fairf wew and have departed from the Charities (Accounts and Reports) Regulation5 2008 only to the exlenl required to provide a 'lnJe and fairf view. This departure has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charilles.. Stalemenl of Recommended Practice effective from 1 April 2005 which has since been withdrawn. SEMPRE meet5 the deflnition of 8 public benefit entsty under FRS 102. Assets and Ilabililies are initially recognised al historical cost or transacllon value unless otheNise stated in the relevant 8ccountlng policy. 2 2 Income All Income is recognis8d once the chartty h8s entltlemenl lo the Income, il Is probable that the income will be re¢eiv8d and the amount of income r8ceivable can be measured reliably. The recognllion of income from leg8cies Is dependent on establishing enli118menl, the probabllity of receipt and the ability to estimate wllh sufficlent accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity ha5 suffieient èvidence that a glft has been left lo them (through knowledge of the existence of a valid will and the deaih of the benefactor) and the executor is sat15fled that the property Sn question wlll not be required lo satisfy claims in the eslale. Receipt of a legacy must be recognised when it is probable that il will be received and the fair value of the amount receivable, which will generally be the expected cash awount lo be distributed to the charily, can be reliably measured. Income tax reo)verable Sn relation to investment income is recognised at the tlme the investment income is receivable. Other income is recognised in the period in which it is recelvable and to the 8Xtent the goods have been provided or on completion of the servlce. Page11

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBeR 2014 Accounting policies (continued) 2.3 Ex endllure Expenditure is recognised once there Is a legal or conslructs've obligation to transfer economic benefit lo a third paty. it is probable that a transfer of economic benefits will be required in settlement anQ the amount of the obligation can be measured reliably. Expenditure Is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support cost5 involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis consigtent with the use of resources. Central staff costs are alloc8ted on the b8sls of time spent. and depreciation charges allocat8d on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as w611 as any associated support costs. All exp&ndSlure Is incluslve of Irrecoverable VAT. 2.4 Interest r ivable Interest on funds held on deposit 15 included when receivable and the amount can be measured reliably by the charlty,. this is normally upon nolificalion of the interest paid or payable by the institution with whom the funds are deposited. Fixed a55el investments are a form of financial inslrLtmenl and are initially recognised al Ihelr Iransacllon cost and subsequently measured at fair value al the Balance sheet date, unless the value cannot be measured reliably in whlch case it Is measured al cost less impairment. Investment gains and losses, whether ￿alised or unrealised, are combined and presented as 'GainsllLosses1 on investments, in the Statement of financial aclivilies. Trad8 and other debtors 8re recognised al the settlernenl amount after any trade discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. 2.7 Cash al bank and in hand Cash at bank ané in hand indudes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the d8F)osiI or similar account. Page 12

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER2024 Accounting policies {continuedl 2.8 Liabllities and rovisions Liabilitles are recognised when there is an obligation at the Balance sheet dale as a result of a past event, it is probable that a transfer of economic benefit wlll be required in Settlement, and the amount of th8 Settlement can be estimated reliably. Liabilities are rewnised at the amount that the charity antidpales11 wll pay lo settle the debt or the amount it has received as advanced payments for the goods or seNices il must provide. Provisions are measured at the best estimate of Ihe amounts required to sellle the obligallon. Where the effect of thè time value of money is material. the provision is based on the present value of those amounts, discounted al the pre-tax discount rale that reflects the risks specific to th8 liability- The unwinding of the discount 1$ reco9ni5ed in the Statement of financial activities as a finance c05t. 2 9 Financl instrument The charity only has financial 8ssels and financial liabilities of a kind that quallfy as baslc financial instruments. Basic financial Instruments are Initially recognised al transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortlsed c05t using the effective interest method. The charity only has general funds. General funds are unrestricted funds whlch are available for use at the discretion of the Trustees in further8nce of the general objecllves of the Charity and whlch have not been deslgnated for other purposes. Restn'cted funds are funds whlch are to be used In accordance with specific reslrictlons imposed by donors or which hav8 been raised by the chanty for parb'cular PUTposes. Tha costs of ralsing and admlnislering such funds are charged against the speciflc fund. The aim and use of each restricted fund is set out in the notes lo the financial statements. Investment income, gains and Ios5eg are allocated to the appropriate fund. ashF Exem Ilon The financial statement5 do not include a cash flow slalemenl because the chaTity, as a small reporting entity, is erslitied lo exemption to provide such a staternent. Page13

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Critical accounting estimate5 and areas of ludgment Estirnales and judgments are conts'nually evaluated and are based on historical experience and other factors, including expectations of future events that are believed lo be reasonable under the circumstsnces. crttlcal accounling estimates and assumptions: The charity makes estimates and assumptions conceming the future, The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. However, for the period ended 31 December 2023. the trustees are of the view that there are no esUmale5 or assumptions that carry the rlsk of having a material impact on the accounts. Income from donations and18gacl8S restricted funds Total funds 31 31 December December 2024 2024 Legacies Unre5tricle d funds Period 31 Total funds Period 31 December December 2023 2023 Legacies 15.000 15,000 Page 14

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from charitable activities restricted funds Totsl funds 31 31 December December 2024 2024 Royallles Indivldual membershlps Conference contributlons 143,278 2.864 2,218 143,278 2,864 2,218 Total 202 148,360 148,360 Un- restrfGted Totsl funds funés perlod period 31 31 December December 2023 2023 Royalties Individual memberships Conf8r8nce contributions 149.222 1,740 13.030 149,222 1,740 13,030 Total 2023 163,992 163,992 Page 15

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Investment income rastricted funds Total funds 31 31 December Decernber 2024 2024 Dividends Interest 7,426 612 7,426 612 8,038 8,038 reslrlcted Total lunds funds P8rfod period 31 31 December December 2023 2023 Dlvidands Interest 3,490 416 3.490 416 3,906 3,906 Page 16

SEMPRE MOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2024 Other incoming regourc8S restricted funds Total funds 31 31 December December 2024 2024 Olher Incomlng resources 709 709 restrfcted Total funds funds Period periijd 31 31 December Decemb8r 2023 2023 other Incomlng re80urces 6,039 6,039 Page 17

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysis of expenditure on charitable activities Summa b fundt Un restricted Reslricled funds funds Total 31 31 31 December De￿mber December 2024 2024 2024 Promotion of Music81 Educatlon 123,482 2,212 125,694 restricted funds Total period period 31 31 December December 2023 2023 Promollon of Muslcal Educalon 64.467 64,467 Page 18

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysis of expenditure by activiUes Activities undertaken directly Support costs Total funds 31 31 31 December December December 2024 2024 2024 Promollon of Muslcal Educ8Uon 102.041 23,653 125,694 Activkles undertaken Support Total directly costs funds period period period 31 31 31 D8cember Dacernber December 2023 2023 2023 Promotlon of Musical Education 46.439 18,028 64,467 Paga 19

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2024 Analysls of expenditure by activities (conts'nued) Analysis of direcl costs Total funds Total funds Period 31 December December 2024 2023 31 Awards Bank interest and charge8 Conference costs Editorial and webslte Inv8Stmenl management Sundry Travel and Subslslence 47,412 3.210 16,913 28.992 1,270 3,865 379 19,002 362 18,756 769 7,550 102,041 46,439 Analysis of support cosls Total funds Total funds Perlod 31 31 December Dec8mber 2024 2023 Admlnistration Independent Examinats'on Rent 11,373 3,240 6,760 1,455 825 8,282 3,306 5,070 921 422 27 Insurance Trustees expenses 23,653 18,028 P8ge 20

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 10. Governance costs Un- restricted funds Total funds 31 31 December December 2024 2024 Accountancy fees & Indep8nd8nt examination 3,240 3,240 restricted Total funds funds Perlod Period 31 31 December December 2023 2023 Accountancy fees & Independent 8xamln8tlon 3,474 3,474 Poge 21

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2024 11. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits12023 - £NILI. During the year ended 31 December 2024, expenses totalling £NIL were reimbursed or paid directly lo any Trustee12023 - £NIL lo Trusleel. 12. Fixed asset investments LSsted Investments st Al 1 January 2024 Additions Disposals Revaluations 203.193 225.685 171,570 11.692 At 31 December 2024 369,000 At 31 December 2024 369,000 Al 31 December 2023 203.193 13. Debtors 2024 2023 Due wi in one Other debtors 144,913 153.799 144,913 153,799 Page 22

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2024 14. Creditors.. kniounts falling due within one year 2024 2023 Trade cr8dllors Accruals and deferred incom8 3.120 13.535 6,100 6,100 16,655 15. Flnancial Snstruments 2024 2023 Flnanc181 assets Flnancial assets measured al fair value through income and expenditure 369,000 203,193 Financial ass8ts measured at falr value through income and 8xpendllur8 Gompnse the charflls Inv85tment portfolio. Page 23

SEMPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 16. Statement of funds Statgmenl of fullds- cuThenl year Ba18nce al 31 Galnsl December {Losses) 2024 Balance at 1 January 2024 Transfers inlout Income Expenditure Unreslncted funds General Funds all funds 726,068 157.107 1123,4821 19761 11,692 770,409 Restrict d fijnds Support for Afghsnislan 1,236 12,212) 976 Tota of nds 727,304 157.107 1125.6941 11.692 770.409 R8slricted funds represent donations collected lo support communities In Afghanistan. The Irusle8s have transferred them to a charity supporting Afghanlslan In May 2024. An amount of £976 was tranSfer￿d In lo support the lolal donab'on lo the charlly. statement of funds- prior year 8alanc8 at 31 Galnsl December {Lossesl 2023 Ba18nce at 1 April 2023 Income Expenditure nreslricl General Funds - all funds 593,663 188,937 164,4671 7.935 726,068 slricl d f n Support for Afghanistan 1,236 1,236 f funds 594,899 188,937 164,467) 7,935 727,304 Page 24

SEPAPRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2024 17. Analysls of net assets between funds Unrestricle d funds Totsl funds 31 31 December December 2024 2024 Fixed Asset Investments Current Assets Credits due withln one year 389,000 407.509 16,1001 369,000 407.509 {6.1001 770,409 770.409 Unreslrfcle Restricted Total d funds funds funds Period Period Peiiod 31 31 31 December December December 2023 2023 2023 Fixed Asset Investrnents Current a558ts Credltors due wlthin one year 203,193 539,530 116,6551 203,193 540,766 116,6551 1,236 726,068 1,236 727,304 18. Related paty transacllon5 There were no related party transactions during the year {ye8r ended 31 December 2024- none). Pa￿ 25