## **Trustees’ Annual Report for the period** **From 01/09/2024 Period start date To 31/08/2025 Period end date Charity name: MAIDSTONE YOUTH MUSIC SOCIETY Charity registration number: 29340** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the Society shall be to
promote, improve, develop and maintain
public education and appreciation of the art
and science of music in all its aspects of
the presentation of public concerts and
recitals in Maidstone and elsewhere and
also to do all such other lawful things as
the Society, through its Committee should
determine.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17
and 1.19|Main activities on offer include:
Concert Band
String Ensemble
Massed Voices Choir
Symphony Orchestra
Choir| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|I can confirm that the trustees have had
regard to the guidance issued by the
Charity Commission on public benefit.| **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**_**| |Policy on social investment
including program related
investment|Para 1.38|**_**| |Contribution made by
volunteers|Para 1.38|**_**| Other **_** ## **Achievements and Performance** **----- Start of picture text -----**
SORP reference
The objects of the Society were again met
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|SORP reference|SORP reference|SORP reference| |---|---|---| |||The objects of the Society were again met| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|this year. The Society, although smaller
than last year has still been able to
promote, improve, develop and maintain
public education and appreciation of the art
and science of music in all its aspects
including the presentation of public
concerts in Maidstone. It has continued to
re-engage students to the huge benefits of
music in a safe and welcoming
environment. MYMS held a number of
public concerts last year and provided a
clear pathway to many students so they
can develop their music skills to a higher
level if so desired.| **Additional information (optional)** You may choose to include further statements where relevant about: |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:| |---|---|---| |||| |Achievements against
objectives set|Para 1.41|**_**| |Performance of fundraising
activities against objectives
set|Para 1.41|**_**| |Investment performance
against objectives|Para 1.41|**_**| |Other||**_**| ## **Financial Review** **----- Start of picture text -----**
Review of the charity’s Para 1.21 For the year ended 31 August 2025,
financial position at the end Maidstone Youth Music Society
of the period demonstrated a strong improvement in its
financial position compared to the previous
year. The Society’s net assets increased
from £25,893.39 at the end of August 2024
to £42,108.66 at the end of August 2025.
This growth reflects a successful year in
both fundraising and operational
management.
Income and Earnings:
Total turnover for the year was £31,960.06,
a significant rise from £6,731.42 in the
previous year. This was driven by
increased grants and funding, membership
fees, donations, and other revenue
streams, including tuckshop sales. After
accounting for costs of sales and
administrative expenses, the Society
achieved an operating profit of £16,215.27,
reversing the previous year’s loss of
£11,718.80.
Assets and Reserves:
The Society’s cash at bank and in hand
increased to £27,294.47, up from
£12,558.82 the previous year. Additional
current assets, such as Gift Aid due and
the Virgin Charity Account, contributed to
total current assets of £42,107.65. Fixed
assets decreased, primarily due to the
disposal or depreciation of musical
instruments, but overall net assets rose
substantially.
Financial Stability:
The Society holds no reserves, as all funds
are unrestricted and used for the charity’s
running expenses. The positive operating
profit and increased net assets indicate a
stable financial footing at the end of the
reporting period.
Conclusion:
Maidstone Youth Music Society has
strengthened its financial position over the
past year, ensuring it is well placed to
continue its charitable activities and support
public music education in Maidstone and
beyond.
Statement explaining the Para 1.22 N/A
policy for holding reserves
stating why they are held
Amount of reserves held Para 1.22 Nil
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|Reasons for holding zero
reserves|Para 1.22|There are no reserves held by agreement
all funds are unrestricted and for use of the
charity running expenses| |---|---|---| |Details of fund materially in
deficit|Para 1.24|**_**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**_**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**_**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**_**| |A description of the principal
risks facing the charity|Para 1.46|**_**| |Other||**_**| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution (adopted 11 February 1977, as
amended 10 October 1986, 20 March
1987, 8 May 1987 and 23 June 2007).| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Unincorporated association| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The charity is governed by a management
committee (the trustees). Trustees are
elected/appointed in accordance with the
charity’s constitution through the Society’s
governance arrangements .| ## **Additional information (optional)** You may choose to include further statements where relevant about: |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:| |---|---|---| |||| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|**_**| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**_**| |Relationship with any related
parties|Para 1.51|**_**| |Other||**_**| ## **Reference and Administrative details** **----- Start of picture text -----**
Charity name Maidstone Youth Music Society
Other name the charity uses MYMS
Registered charity number 297018
Charity’s principal address Damian Pevy
68 Florence Road
Maidstone
Kent
ME16 8EL
**----- End of picture text -----**
**Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Claire Worrall Secretary
2 Barbee Vaughan Librarian
3 Phill Hyde Manager
4 Damian Peavy Chairperson
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
## – Corporate trustees names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity **----- Start of picture text -----**
Trustee name Dates acted if not for whole year
N/A
**----- End of picture text -----**
## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| |-||| |-||| |-||| |-||| **Name of chief executive or names of senior staff members (Optional information)** - ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details - ## **Other optional information** - ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|| |---|---| ||Phill Hyde| ||
Manager| ||19/01/2026| ||19/01/2026| Docusign Envelope ID: 25F7B2B4-035F-494B-A606-9FDDE54F2D25 ## **Profit and Loss** ## **Maidstone Youth Music Society For the year ended 31 August 2025** |**Profit and Loss**
**Maidstone Youth Music Society**
**For the year ended 31 August 2025**|||| |---|---|---|---| |||**2025**|**2024**| |**Turnover**|||| |Grants and Funding||2,784.90|165.00| |Membership Fees||5,779.54|6,383.16| |Other Donations||618.98|-| |Other Revenue||22,309.62|-| |Tuckshop sales||467.02|183.26| |**Total Turnover**||**31,960.06**|**6,731.42**| |**Cost of Sales**|||| |Orchestra Conductors||4,309.26|5,525.52| |**Total Cost of Sales**||**4,309.26**|**5,525.52**| |**Gross Profit**||**27,650.80**|**1,205.90**| |**Administrative Costs**|||| |Advertising & Marketing||90.00|-| |Audit & Accountancy fees||-|350.00| |Bank Fees||320.14|-| |Book keeping Fees||250.00|650.00| |Insurance||-|181.00| |IT Software and Consumables||-|490.00| |Management Fees||7,284.00|7,152.99| |Rent||3,259.25|3,650.50| |Repairs & Maintenance||-|231.75| |Subscriptions||232.14|218.46| |**Total Administrative Costs**||**11,435.53**|**12,924.70**| |**Operating Profit**||**16,215.27**|**(11,718.80)**| |**Profit on Ordinary Activities Before Taxation**||**16,215.27**|**(11,718.80)**| |**Profit after Taxation**||**16,215.27**|**(11,718.80)**| |10/28/2025|10/28/2025||| Profit and Loss Maidstone Youth Music Society 12 Oct 2025 Page 1 of 1 Docusign Envelope ID: 25F7B2B4-035F-494B-A606-9FDDE54F2D25 ## **Balance Sheet** ## **Maidstone Youth Music Society As at 31 August 2025** |**Balance Sheet**
**Maidstone Youth Music Society**
**As at 31 August 2025**|**Balance Sheet**
**Maidstone Youth Music Society**
**As at 31 August 2025**| |---|---| |**31 AUG 2025**
**31 AUG 2024**|| |**Fixed Assets**|| ||**Tangible Assets**| ||Buildings
1.00
1.00| ||Computer Equipment
0.01
0.01| ||Musical Instruments
-
2,640.38| ||**Total Tangible Assets**
**1.01**
**2,641.39**| |**Total Fixed Assets**
**1.01**
**2,641.39**
**Current Assets**|| ||**Cash at bank and in hand**| ||Maidstone Youth Music Society
25,824.15
11,088.50| ||MYMS CO OP BANK
1,470.32
1,470.32| ||**Total Cash at bank and in hand**
**27,294.47**
**12,558.82**| ||Gift Aid Due
6,490.00
2,370.00| ||Virgin Charity Account
8,323.18
8,323.18| ||**Total Current Assets**
**42,107.65**
**23,252.00**| |**Net Current Assets (Liabilities)**
**42,107.65**
**23,252.00**|| |**Total Assets less Current Liabilities**
**42,108.66**
**25,893.39**|| |**Net Assets**
**42,108.66**
**25,893.39**
**Capital and Reserves**|| |Current Year Earnings
16,215.27
(11,718.80)|| |Retained Earnings
25,893.39
37,612.19|| |**Total Capital and Reserves**
**42,108.66**
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