2020-09-30-accounts

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Registered number: 01850803 Charity number: 515660

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�nnual re�ort

Year ended 30 �e�tember �0�0

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

	Page
Reference and administrative details	1 - 2
Trustees' report	3 - 18
Trustees' responsibilities statement	19
Independent auditor's report	20 - 22
Statement of financial activities	23
�alance s�eet	2�
Statement of cas� flo�s	2�
�otes to t�e financial statements	2� - ��

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Referen�e and administrati�e details Year ended 30 �e�tember �0�0

�rustees

Professor ��ristop�er �rancis �iggins� ��air �avid �en�amin �arold �spinall �resigned 1 �anuar� 2020� �ic�olas Step�en Sears Patricia �arion �eir �ndre� �art� Pollard Rebecca �elen �river ��nne �a�son �ames Simon �lle�

�ic�ael �o�n Strutt

�eorgina �lison Robb �appointed 28 �anuar� 2020� �regor Stanle� �atson �appointed 28 �anuar� 2020� �argaret �'S�ea �appointed 28 �anuar� 2020�

�illian �rances �illier �appointed 28 �anuar� 2020�

Com�any registered number

018�0803

Charity registered number

�1��0

Registered offi�e

T�e Rivergreen �entre ��le� �eads �ur�am ��1 �TS

�ey management team

�en Parr�� rtistic �irector and Principal �onductor �nne �esford� ��ief ��ecutive �ar� �n�an� �eneral �anager

�nde�endent auditor

�� P ��artered �ccountants � Statutor� �uditor �it�gate St �ames' �oulevard �e�castle upon T�ne ��1 ��

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Referen�e and administrati�e details (�ontinued� Year ended 30 �e�tember �0�0

Ban�ers

�arcla�s �an� plc �olmfirt� �uddersfield ��9 2��

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort Year ended 30 �e�tember �0�0

T�e trustees present t�eir annual report toget�er �it� t�e audited financial statements for t�e �ear 1 �ctober 2019 to 30 September 2020� T�e trustees confirm t�at t�e annual report and financial statements of t�e compan� compl� �it� t�e current statutor� re�uirements� t�e re�uirements of t�e compan��s governing document and t�e provisions of t�e Statement of Recommended Practice �S�RP�� applicable to c�arities preparing t�eir accounts in accordance �it� t�e �inancial Reporting Standard applicable in t�e �� and Republic of Ireland ��RS 102� �effective 1 �anuar� 2019��

�b�e�ti�es and ��ti�ities

�b�e�ti�es

T�e mission of t�e �ational �out� ��oirs of �reat �ritain �� is to inspire and empo�er �oung people t�roug�out t�e �� t�roug� t�e life c�anging e�perience of singing toget�er� �e are a national c�ampion for �out� c�oral music� standing for artistic e�cellence� creative diversit�� and openness and relevance to all�

�e ac�ieve our mission b��

delivering e�cellent and innovative training and progression opportunities nurturing talented �oung singers at a national level�
providing e�ceptional performance opportunities� e�tending t�e reac� and s�o�casing t�e diversit� of �out� c�oral music�
engaging and inspiring more �oung people t�roug� participation in strategic and targeted singing programmes �it� partners�
establis�ing ��s role as a national c�ampion and sector leader for �out� c�oral music and music education�
developing organisational resilience� ensuring �� is fit for purpose and able to clearl� demonstrate t�e impact of its �or��

I am an ordinary kid from an ordinary background. NYCGB taught me how to be extraordinary. �ational �out� Training ��oir �ember

Undoubtedly, being a member of this organisation has changed the course of my life. �ational �out� ��oir �ember

��ti�ities for a�hie�ing ob�e�ti�es

We are more than �ust a choir� we are a community with a shared �assion for singing and the life�changing o��ortunities it can offer.

�en Parr�� rtistic �irector and Principal �onductor� ��

�e are t�e most e�citing� innovative and accessible organisation for �oung c�oral singers across t�e �� providing our �oung people �it� unbeatable opportunities to develop s�ills in music and performance� leaders�ip and team�or�� and to gro� in confidence and aspiration� �� is in t�e middle of an e�citing and ambitious five-�ear plan to develop our role as a national c�ampion for �out� c�oral music� focusing on four principal areas of activit��

i� �du�ational Courses � offering over 8�0 of t�e countr��s most talented �oung singers e�ceptional c�oral training and participation opportunities annuall�� including engaging �it� professional conductors� composers� musicians�ip and vocal coac�es� and guest artists� �e are divided into four c�oirs � our flags�ip �ational �out� ��oir �age 18-2�� incorporating t�e �ational �out� ��amber ��oir� mi�ed-voice �ational �out� Training ��oir �age 1�-18�� ational �out� �irls' ��oir �age 9-1�� and �ational �out� �o�s� ��oir �age 9-1�� forming an unrivalled progression environment for �oung singers aged 9 to 2��

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

ii� �erforman�es � uni�ue opportunities for c�oir members to ta�e part in concert performances� in some of t�e countr��s leading venues� t�e �� Proms and ma�or arts festivals� national commemorations� international touring� digital recordings� music videos and broadcasts� including performing ne� �or�s from leading composers�
iii� �earning and �ngagement � open access learning and engagement opportunities for �oung people outside of our members�ip to e�plore and be inspired b� singing toget�er� �ore t�an 3��00 �oung people and multiple local partners are engaged eac� �ear in areas of �ig� social deprivation and lo� levels of accessible cultural activities� improving access and inclusion� and supporting deliver� of t�e �ational Plan for �usic �ducation�
i�� merging �rofessional �rtists � supporting e�ceptionall� talented �oung c�oral artists t�roug� tailored initiatives suc� as our �ello�s�ip programme - for future c�oral leaders s�illed at delivering learning and engagement programmes as �ell as performance� and t�e �oung �omposers Sc�eme - supporting a ne� generation of talented composers from diverse bac�grounds and regions�

��s programme is structured in suc� a �a� t�at passion for singing and e�cellence can be nurtured and flouris�� e create essential� accessible pat��a�s to support our participants from t�e point ��en t�e� discover t�eir voice to t�e development of t�eir talent at t�e �ig�est level� T�ose differing pat��a�s ensure t�at man� more �oung people are able reap t�e musical� personal and social benefits of singing� and fulfil t�eir potential in ��atever career pat� t�e� c�oose to pursue� inside or outside music� �t t�e same time� �e up�old ��s trademar� artistic brilliance� t�roug� ambitious and diverse programming�

�� is a �ational Portfolio �rganisation supported b� �rts �ouncil �ngland and t�e �epartment for �ducation� �� as an agreed business plan for t�e period 2018 to 2022 setting out our e�citing organisational vision� values and strateg��

Since 2013� �� as �or�ed to transform and develop t�e organisation� putting in place t�e necessar� staffing� s�stems� fundraising� planning� policies and programmes to support sustainable gro�t� and strategic e�pansion� � dedicated operational staffing team� toget�er �it� a pool of over 90 freelance specialists� provide support to deliver against ��s aims and ob�ectives� T�is includes specialist development support to �elp raise funds to deliver t�e strategic plan� �rtistic programmes are led b� outstanding professional conductors� music leaders and guest artists and supported b� a dedicated pastoral care team�

��ti�ities underta�en for �ubli� benefit

T�e trustees confirm t�at t�e� �ave referred to t�e ��arit� �ommission�s guidance on public benefit ��en revie�ing t�e c�arit�'s aims and ob�ectives in planning future activities�

��ess and finan�ial assistan�e

�� believes t�at all �oung people s�ould �ave t�e opportunit� to sing� and t�at access to members�ip of t�e c�oirs s�ould be on t�e basis of talent and potential alone�

�o �oung person s�ould be precluded from ta�ing part because of financial �ards�ip� �ll �� participation fees are subsidised and a �e� message in t�e promotion of �� auditions and opportunities is t�e availabilit� of additional generous financial assistance for �oung people from lo�-income families to support costs of auditions� members�ip� uniform costs� course fees and associated travel for members and t�eir families�

T�e development of our national �earning and �ngagement programme �as continued to enable us to reac� a greater number of talented �oung singers from an increasingl� �ide range of bac�grounds� T�is is reflected in an ongoing gro�t� in demand for financial assistance a�ards� In 2013-1� �e assisted 11� �oung people �it� 12� a�ards� in 2019-20 t�is �as increased to 2�0 bursaries a�arded to 1�2 recipients� �lt�oug� t�e total value of t�ese a�ards �as reduced t�is �ear to ��2�832 due to t�e impact of �ovid-19 on our programmes� �e continue to pro�ect a gro�ing need to remove financial barriers to participation for more �oung singers� and �ill continue to

�

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

support financial assistance t�roug� securing funding from regional and national Trusts and �oundations and gro�ing our base of individual donors�

�I was fortunate enough to recei�e a bursary for the �� annual National Youth Choir �rogramme. It was always my intention that this would be my final year with NYCGB, ha�ing been �art of the organisation since I auditioned for the Boys� Choir � years ago, aged ��.�

�It sim�ly would not ha�e been �ossible for me to finance my time with NYCGB without a bursary. �he once�in�a� lifetime ex�eriences such as �erforming in concert with the �allis �cholars and the National Youth Chamber Choir or e�en being scheduled to �erform at the World �ym�osium on choral music are one of the many reasons I lo�ed NYCGB, and the bursary scheme has made this all �ossible. It is not only the ex�erience, but also the skills �both musical and inter�ersonal� that I ha�e taken away from NYC. �he musical training, I recei�ed is world�class, and I ho�e to further these skills in any choirs that I �oin �ost�lockdown.� �ational �out� ��oir �ember 2019-20

��hie�ements and �erforman�e

�uilding on t�e successes of t�e previous �ear� �� planned an ambitious and inspirational programme for 2019-20� T�e arrival of t�e �ovid-19 pandemic� si� mont�s into t�e financial �ear and �ust t�o �ee�s before t�e start of our busiest period of deliver�� as inevitabl� �ad a significant impact on our abilit� to deliver against t�is planned programme and associated strategic ob�ectives t�is �ear�

�ollo�ing restrictions implemented b� t�e �� overnment� �� too� t�e decision to cancel all planned spring and summer residential courses� concerts and open events in 2020� T�is �as an unprecedented situation in our 3�-�ear �istor� but an essential step in ensuring �e pla�ed our part in protecting our members� staff and t�e �ider public�

�o�ever� ��s et�os is to bring �oung people toget�er� �e �ave been determined to come t�roug� t�is and ensure �e not onl� �eep t�e nation singing in t�e future� but also support our �oung singers and our team of permanent and freelance staff during t�is crisis� ��ile not�ing can replace t�e visceral t�rill of live ensemble singing� in t�e period �pril to September 2020 �e �ave e�plored alternative �a�s to continue to engage our members� emerging artists and �ider communit� in e�ceptional musical learning opportunities s�ills development and performance� and �ave found innovative �a�s to deliver �e� aspects of our programme digitall��

Re�ie� of a�ti�ities

Auditions

�� continues to recruit �oung singers for our c�oirs b� auditioning �idel� across t�e �� In 2019� �80 �oung singers auditioned to �oin �� for our 2019-20 programme� 28 audition da�s �ere �eld across 2� locations� �it� a furt�er t�o online audition da�s aiming to provide an increased level of support to �oung singers in more remote areas and t�ose facing barriers to attending an �in-person� audition� T�is broug�t t�e total audition da�s to 30 � our �ig�est ever� �13 ��1�� applicants �ere successful in being a�arded places to �oin t�e c�oirs as a ne� member or to progress t�roug� t�e c�oirs�

�e are committed to being an inclusive� representative organisation� In �arc� 2020 �e commenced a revie� of our member recruitment processes� �it� t�e aim of ma�ing auditions more accessible� and gro�ing t�e pool and t�e diversit� of candidates� �ovid-19 �as accelerated c�anges to ��s auditions programme� In �a� �e successfull� moved all auditions for t�e �ational �out� ��oir �nnual Programme 2020-21 online� and in �ugust �e over�auled t�e format� scoring criteria and communications for �ational �out� Training ��oir� �irls� ��oir and �o�s� ��oir auditions due to ta�e place online in �ctober and �ovember� �e plan to complete our revie� of auditions �it� furt�er c�anges to be implemented in 2021�

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

Courses and Training

�ue to its largel� seasonal nature� ��s programme of innovative training and progression opportunities for our c�oirs in 2019-20 �as been severel� impacted b� �ovid-19�

T�e flags�ip �ational �out� ��oir commenced t�e second �ear of t�e ne� �nnual Programme� ��ic� aims to offer unbeatable musical e�periences for our �oung people� empo�ering t�em to develop advanced vocal s�ills and perform more c�allenging �or�s� and supporting creative collaborations �it� a diversit� of artists across a range of musical st�les� �embers attended t�e �iscover� �ee�end in autumn 2019 and performed as part of t�e Ro�al �lbert �all ��ristmas programme in �ecember� Sadl�� t�eir planned spring residential� and t�e summer international tour to �e� �ealand and �ustralia �ere cancelled� In addition� t�e seven planned residential courses for members of t�e �ational �out� �irls�� o�s� and Training ��oirs in �pril and �ugust 2020� �it� 900 participants boo�ed to attend� �ere also cancelled�

T�e �� team �or�ed �ard to plan and develop an alternative online course programme across our c�oirs� In spring� despite cancellation ta�ing place �ust t�o �ee�s before courses �ere due to start� �e delivered free digital activities and resources via �oom and �ouTube for our �irls� and �o�s� ��oir members� and piloted online courses for Training ��oir and t�e �ational �out� ��oir� In summer� �it� a longer lead-in� �e �ere able to plan and deliver a compre�ensive online course programme for eac� of our c�oirs�

�ll �� courses and programmes aim to offer members a ric� and inspirational learning e�perience� and �e �ere �ust as ambitious for our �or� online� T�e programme �as designed to deliver as muc� of t�e e�perience of an �� residential course as possible� including musicians�ip �ebinars� masterclasses �it� professional artists� �or�s�ops� individual singing lessons� �le�ander Tec�ni�ue classes� social activities� full and sectional virtual c�oir re�earsals� and virtual recordings� �ur online programmes engaged �30 members in total� �it� 9�� of participants reporting a positive and en�o�able e�perience�

I en�oyed so much about the online �rogramme � it felt �ust like a real course and I lo�ed it� I really struggle with anxiety and being able to reach out to the �astoral team and staff members no matter what time, made a big difference so that I could comfortably engage in the course in my own way. Training ��oir �ember 2020

�oving online afforded uni�ue opportunities to connect our members �it� a diverse range of inspirational international artists� �uest artists �or�ing �it� t�e c�oirs t�is summer included �nt�on� Trece�-�ing in t�e �S� Sofi �eannin from �rance and �nders �denrot� in S�eden� It �ould �ave been impossible to bring toget�er t�is prestigious roster in person and �e are e�cited about t�e potential of future international collaborations�

T�e artistic t�eme celebrated across ��s programme for t�e �ear �as ��ultural Identit�� Inspired b� t�e �orld S�mposium on ��oral �usic �e e�plored t�roug� c�oral music t�e relations�ip �umans �ave �it� t�e land t�at supports t�em� t�e sense of identit� t�e� derive from it and t�e tensions t�at arise out of it� T�e t�eme called to mind suc� notions as famil�� identit�� place� communit�� culture� celebration� colonialism� dispossession� alienation� partners�ip� freedom� environmentalism� to name but a fe��

�� as remained committed to ensuring a diverse balance of musical programming and �as continued to c�ampion music composed or arranged b� artists ��o �ave �istoricall� been under-represented in t�e c�oral music sector� T�roug� member forums and discussions� �e encourage our �oung people to e�plore t�e �ider conte�t of c�oral music and deepen t�eir understanding be�ond t�e notes on t�e page� �e continue to include a range of voices and perspectives in our planning processes� including our �reative �orum members� and our �ember Representatives� �lected eac� �ear b� t�eir peers� t�e reps contribute to evaluation� strategic planning� �oard meetings and are no� vital organisational voices ensuring t�at our programmes remain relevant and inspiring to t�e �oung people at t�e �eart of ��

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

Per�or�an�es� Co��issions and �e�ordings

�� c�oirs gave a total of 1� live performances in 2019-20� �an� sc�eduled performances post-�arc� �ad to be cancelled� including our end of course concerts� pop-up performances and appearances at t�e �� Proms� T�ree ��oirs and Spitalfields festivals� so concerts fell s�ort of t�e �� delivered in t�e previous �ear� �o�ever� �� c�oirs reac�ed total live audiences of �8��3� � a 3�� increase on our audience reac� in 2018-19� T�is is in large part t�an�s to our performance partners�ips� notabl� �it� t�e Ro�al �lbert �all and a ne� relations�ip �it� t�e Tallis Sc�olars launc�ed in �ebruar��

�e �ere �een to ensure our c�oirs continued to �ave t�e opportunit� to s�o�case t�e breadt� and brilliance of t�eir �or� to a �ider audience� and in lieu of t�e usual end of course concert performances� �e supported eac� c�oir to ta�e part in virtual recording pro�ects� �ac� participant recorded and submitted t�eir individual part and t�ese trac�s �ere digitall� edited into c�oral ensemble performances� T�e programme included t�ree ne� �or�s commissioned b� ��

T�e �ational �out� ��oir �ould �ave premiered �orld-celebrated composer T�ea �usgrave�s moving and poignant ne� �� commission �� t�e River� to an international audience at t�e �orld S�mposium on ��oral �usic in �e� �ealand� Instead� members of t�e �ational �out� ��oir �it� �en Parr�� rtistic �irector � Principal �onductor� recorded t�e trac� from t�eir �omes and it �as released as bot� an audio and video trac� in �ul��
S�rut�i Ra�ase�ar� a graduate of our 2019 �oung �omposers Sc�eme �as commissioned to �rite a �- minute �or� for t�e �ational �out� Training ��oir� �T�e ��ange �e �eed� �as inspired b� t�e c�oir�s discussions about t�e t�eme of �ultural Identit� and t�eir reflections on current social �ustice issues� it �as recorded in �ugust and �as released in autumn 2020�
�en Parr� composed a ne� �or� for t�e �irls� and �o�s� ��oirs� ��ust �eing �e� �it� l�rics and accompan�ing video supplied b� members of t�e c�oirs reflecting on ��at cultural identit� means to t�em� T�e piece �as recorded in �ul� for release in �ovember 2020�

�� continues to create and release regular digital content and broadcasts as part of our �igital Plan� via �pple �usic� Spotif�� oogle Pla� and �ma�on �igital� and in 2020 t�is �as become a vital �a� of continuing to �iden public engagement �it� ��s programme and �it� t�e ric�ness and diversit� of c�oral music more generall�� In total 2� digital recordings and t�ree music videos �ere released in 2019-20� receiving over �1��000 streams and vie�s� Streams and vie�s across ��s full catalogue e�ceeded 1 million for t�e second �ear in a ro��

�earning and �ngage�ent

�� strives to increase t�e accessibilit� of �ig�-�ualit� singing opportunities across t�e �� and to empo�er more �oung people t�roug� t�e transformative and po�erful e�perience of singing toget�er� �espite t�e gro�ing bod� of evidence of t�e personal and social benefits of music-ma�ing� opportunities for �oung people to participate and develop t�eir s�ills var� �idel�� T�roug� our national �earning and �ngagement programme �e aim to inspire more �oung people in state education and from a �ider range of bac�grounds to discover and progress t�eir passion for singing� t�roug� inclusive and �ig� �ualit� regional opportunities� �sing our uni�ue musical and educational e�pertise� �e see� to understand barriers and c�allenges for �oung people and �or� �it� partners including sc�ools� music education �ubs and music organisations to create bespo�e singing programmes t�at meet local needs and �elp remove regional ine�ualities in singing provision and participation�

In t�e first t�o terms of 2019-20 �� continued to develop and deliver strategic partners�ip �or� in target regions to address singing �cold-spots�� e particularl� focussed on establis�ed partners�ips in �otting�ams�ire� t�e �ort� �ast� �or�s�ire �particularl� �ort� �or�s�ire and �ull�� and aimed to develop ne� partners�ips in t�e �est �idlands� targeting activit� in areas ��ere �oung people are less li�el� to ta�e part in cultural activities� and more li�el� to face financial� cultural� geograp�ical or aspirational barriers� In addition� �e �ave continued our complementar� national programme of s�orter-term learning and engagement activities� ��ic� ensures t�at �e ac�ieve a greater reac� and engagement of �oung people and build ne� net�or�s to raise a�areness of

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��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

�� and our opportunities�

�ll programmes �ere all free to access at t�e point of deliver� for �oung participants and included �or� developing secondar� sc�ool c�oirs� s�o�case events� inspirational �or�s�ops as part of our primar� Read� Stead� Sing programme� Taster events to support talented �oung singers to progress and continuing professional development ��P�� events for teac�ers and music leaders�

�I learnt singing is fun and �ractise makes �erfect�� You can do anything with your �oice�� I learned � new songs and how to sing more confidently in different �arts.� ��he musicianshi� worksho� about sight reading and scales was really hel�ful.� �I feel a lot more confident about singing now.� ��erforming songs from lots of different cultures was incredibly interesting and fun.� �I en�oyed it so much that it has encouraged me to look out for other o��ortunities to take �art in. I am also keen to gain more ex�erience and work on the skills I need to take �art in the NYCGB choir auditions.� �earning and �ngagement Participant �eedbac�

��antastic� �eally en�oyed it and I didn�t want it to finish. If I can e�en gi�e the children at our school a little of what I got from this worksho� I will be ha��y. It really �ro�es that you �ust ha�e to go for things with children and you will get sur�rising results.�

�I came away with a renewed intention to start a new singing grou� at my �rimary school.� Teac�er and �usic �eader feedbac�

�rom �arc�� e �ad to postpone our bus� planned programme in sc�ools and communities� �o�ever� �e �ave delivered ne� online open events to support �oung singers to audition for �� and �ave �or�ed to appl� t�e learning from our spring and summer course programmes to progress t�e core elements of our �earning and �ngagement programme t�roug� a blended model of digital and �or�s�op activities from autumn 2020�

�cross t�e �earning and �ngagement programme� �e reac�ed and inspired 1��9 �oung people� 329 of ��om �ere supported to ta�e part in progression activities and encouraged to ta�e t�eir singing furt�er� In addition� over 1�000 people attended s�o�case performance events as audience members� to support t�e ac�ievements of participants� �8 teac�ers and music leaders too� part in �P� sessions� �e �ere also delig�ted to continue to offer opportunities for �ational �out� ��oir members to develop peer leaders�ip s�ills t�roug� volunteering to support regional learning activities�

Pro�essiona� su��ort and de�e�o��ent

�s part of ��s sector leaders�ip role �e support t�e professional development of t�e ne�t generation of professional artists� nurturing talent from t�e �idest diversit� of bac�grounds and s�aping t�e future of c�oral music so t�at it is vibrant� innovative and relevant�

In 2019-20 �e recruited our fift� co�ort of eig�t talented aspiring professionals aged 18 to 2� to ta�e part in t�e annual �� ello�s�ip training programme� ��ic� aims to develop participants as effective c�oral leaders and educators as �ell as performers� T�is �as t�e second �ear t�at t�e �ello�s �ere Section �eaders of t�e �ational �out� ��oir� adding a furt�er dimension to t�eir training as peer leaders and mentors for t�e c�oir in re�earsal and performance� and forming t�e core of t�e �ational �out� ��amber ��oir�

�e also successfull� completed t�e first �ear of our ne� �oung �omposers Sc�eme� launc�ed in �anuar� 2019 to support four emerging composers from a diverse range of cultural� geograp�ical and musical bac�grounds and to develop t�eir compositional s�ills for ensemble voice� Recordings of seven ne� �or�s b� t�e composers� performed b� t�e �ello�s� �ere released as an album b� programme partners �� Recordings in �anuar� 2020

�ollo�ing t�e success of our inaugural �ear� in autumn 2019 �e recruited our second co�ort of �oung �omposers and launc�ed t�e sc�eme in �anuar� �it� an induction �ee�end� a S�o�case �vent at t�e Ro�al �lbert �all �it� t�e 2019 co�ort� a �or�s�op �it� our ne� �igital Partner Steinberg �edia Tec�nologies ��o

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

provided free licenses and training on t�eir �orico Pro-notation soft�are and a �ee�end of masterclasses �it� professional composers�

��alking to the Young Com�osers was as educational for me as it might ha�e been for them. In so many ways, the �rofession of com�osing has changed enormously since I started out nearly �� years ago. �owe�er, this lot were all incredibly bright, s�arky and engaging and com�letely able to im�lement the suggestions I made re� communication with audiences and �erformers, during e�ery �art of the com�osition �rocess. It was also �ery gratifying to see how interested they were in music from other countries and cultures and I ho�e it�ll �ro�ide �lenty of ins�iration for them, in years to come.�

Ro�anna Panufni�� omposer � �asterclass �ee�end

��ile �ovid-19 prevented our co�orts of emerging professional artists from meeting in person after �arc�� participants in bot� programmes embraced a move online and training sessions� virtual recordings � ranging from �lgar to R�ianna� masterclasses� mentoring� and participation in �� digital courses all too� place over t�e summer� T�an�s to t�e support of �ritten Pears �rts our �oung �omposers �ere also able to ta�e part in �ee�-long creative composition residencies at t�e �ome of �en�amin �ritten as loc�do�n eased in t�e summer� T�eir final compositions �ill be recorded in t�e autumn and released in earl� 2021�

��he �irtual session was hugely en�oyable in so many ways. It was wonderful to ha�e time to work with the �ellows, to hear their comments on the draft �ieces and to continue building a feeling of community with the grou�. �he sessions with guest s�eakers were all incredibly hel�ful and interesting. I �articularly gained from learning about tax from �manda �ean and the session with �oxanna �anufnik. It was also really great to meet the team from �tainer and Bell and to learn about the �ublishing �rocess.� �isa Robertson� �oung �omposer 2020

Toget�er �it� our ne� commissions programme t�e �oung �omposers Sc�eme �as �uic�l� become an e�citing and central part of ��s commitment to t�e support of innovative ne� c�oral music and to embedding diversit� and representation at t�e �eart of our music polic��

��a�t � C�anging �i�es

�oung people are supported to realise t�eir �ig�est ambitions in singing �it� �� t�roug� a diverse arra� of c�oral repertoire � from �onteverdi to beatbo�� o matter ��at t�eir bac�ground or future ambitions� ever� singer ma�es a uni�ue contribution to our communit� and �al�s a�a� �it� a life-c�anging e�perience� �e �or� tirelessl� to open �oung people�s e�es to t�e breadt� and beaut� of music� and to brea� do�n barriers preventing c�ildren and �oung people from engaging �it� music�

�e firml� believe t�at t�e benefits of singing e�tend far be�ond t�e development of musical e�pertise� Singing �it� us supports t�e gro�t� of s�ills and attributes including confidence� aspiration� team�or�� communication and leaders�ip s�ills� �e enable �oung people to go out into t�e �orld as confident� brig�t� engaged and empo�ered individuals ��o are valuable additions to an� organisation or career pat�� et�er or not connected to music�

��ile t�e feedbac� �e receive from participants� partners� sta�e�olders and alumni regularl� bears testimon� to t�ese man� benefits� in 2019-20� t�e importance and impact of �� activities for our communit� of �oung singers �as never been more clear� �ur drive to ensure t�at our c�oirs could continue to engage t�roug� online programmes despite �ovid-19 �as not onl� successfull� ensured t�at members could continue to develop t�eir musical� personal and social s�ills� but also supported t�eir �ealt� and �ellbeing t�roug� an incredibl� c�allenging time in t�eir lives�

�I really en�oyed the musicianshi� session with Greg. With ��e�el exams being cancelled, it was refreshing to feel like I was really learning something worthwhile, after missing out on learning lots o�er the last few weeks.�

��ust a massi�e thank you for making this online week so memorable and fun� I was really struggling before this week and ha�ing mental health su��ort and something to moti�ate me to get u� in the mornings for the first time in a month really has made a massi�e difference� I had such a great time and ha�e made so many new friends

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

and can�t thank you all enough��

�In my career I would lo�e to be a �art of a �rofessional ensemble and meeting the �wingles and finding out about their �ourneys made my future goals seem more achie�able. It was great to know that some of them started in NYCGB, so I am taking the right ste�s to get there.�

�I liked how we did almost e�erything we would normally do on an off�line NYC course that we could to kee� the o�erall atmos�here, es�ecially the dancercise. I think it made e�eryone feel a little bit more cheery at this weird time and I�m �ery glad the course still went ahead ��

�It was so good to be able to sing again, e�en at a distance.�

�I felt the course really hel�ed me de�elo� my �ocal techni�ue, including mouth sha�e and tongue �osition. I felt my �osture for singing has also im�ro�ed and I ha�e gained many other useful ti�s and tricks for music o�erall �fter ha�ing had se�eral months of lockdown it was really nice to see my friends and ha�e some structure in my day, it was such a fun week and I really en�oyed the whole ex�erience.�

��he sessions with the guest s�eakers were an absolute delight and I lo�ed e�ery minute of their �am�acked �resentations. �or exam�le seeing �nthony�s �ourney of �merican Choral �usic from the time of sla�ery right u� to the modern day and how it�s influenced e�erything we listen to today was one of my standout moments.�

��he female musicians we had on the course were absolutely ama�ing and it made me feel like I could do anything� �ore, �lease��

�It hel�ed me with musical skills, like sight singing the new music, and it greatly im�ro�ed my wellbeing as I was so excited e�ery day for the �irtual course and it has gi�en me a �ro�ect to do to record the songs really well.� ��oir �ember feedbac� 2020

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

�rin�i�al sour�es of funding

T�e trustees are most grateful to all our funders ��o �ave supported �� during t�e �ear� T�e� are particularl� pleased to report ��'s successful ongoing partners�ips �it� t�e �ssociated �oard of t�e Ro�al Sc�ools of �usic ��RS�� and t�o ne� partners�ips �it� Stainer � �ell and Steinberg �edia Tec�nologies� ��RS� �ave supported our �idening �ccess and �ngagement programme and our �ello�s�ip Programme since its launc� in 201� and our t�o ne� partners �ave bot� come on board to sponsor our �oung �omposers Sc�eme� Steinberg �edia Tec�nologies also sponsored ��s �e� �usic Programme in 2020� ��ic� resulted in t�o ne� music commissions b� �en Parr� and S�rut�i Ra�ase�ar�

T�e trustees �is� to record t�eir t�an�s to ma�or supporters �rts �ouncil �ngland and t�e �epartment for �ducation� �sm�e �airbairn �oundation� T�e �ever�ulme Trust� �arfield �eston �oundation� Peter So�erb� �oundation� T�e �fen�eim Trust� �illian �ic�inson Trust� PRS for �usic �oundation� �o�n S �o�en �oundation� �o�n �ames �ristol �oundation� �olbec� Trust� Sc�roder ��arit� Trust and T�e Radcliffe Trust for t�eir �ind and ongoing support�

In 2019-20� man� of our funders gave permission to c�ange t�e use of t�eir grant to �elp t�e organisation during t�ese difficult times for ��ic� t�e trustees �ould li�e to e�press �eartfelt gratitude for t�eir �ind understanding and fle�ibilit�� T�e �sm�e �airbairn �oundation also a�arded an additional unrestricted grant to �� ic� �as crucial in �elping us t�roug� 2020� �e are incredibl� grateful to t�e �sm�e �airbairn �oundation for t�is unsolicited support and to �ur�am �ount� �ouncil for t�eir additional support during 2020�

�� as successful in securing a diverse range of grants from regional and national trusts and foundations and t�e trustees �is� to pa� t�an�s to�

��RS�� ndor ��aritable Trust� T�e Roger and Sara� �ancroft �lar� ��aritable Trust� �aron �avenport�s ��arit�� T�e �eerling �oundation� �at�erine �oo�son Trust� T�e ��apman ��aritable Trust� �o�n S �o�en �oundation� T�e �errill �llatt �oundation� �ur�am �it� �ouncil� T�e �lmle� �oundation� �rnst von Siemens �usic �oundation� �sm�e �airbairn �oundation� T�e �idelit� �� oundation� �arfield �eston �oundation� T�e �arric� ��aritable Trust� �oldsmit��s �ompan� ��arit�� T�e �olsoncott �oundation� �adrian Trust� �olbec� Trust� T�e ��R� Ta�lor ��aritable Trust� �o�n �ames �ristol �oundation� T�e �osep� Strong �ra�er Trust� Sir �ames �nott Trust� T�e �ever�ulme Trust� �oc�lands Trust� t�e �ord �elstead ��aritable Settlement� T�e �ord and �ad� �urgan Trust� �ercers� �ompan�� T�e �ic�ael Tippett �usical �oundation� �ulberr� Trust� T�e �fen�eim Trust� T�e Paul �ass�am ��aritable Trust� Peter So�erb� �oundation� PRS for �usic �oundation� T�e Radcliffe Trust� t�e Ro�al �lbert �all� R�� Trust� T�e Samuel �ardner �emorial Trust� Scarfe ��aritable Trust� Sc�roder ��arit� Trust� Stainer � �ell� Steinberg �edia Tec�nologies ��orico�� S�lvia and �olin S�ep�erd ��aritable Trust� �eronica ��dr� ��aritable Trust� T�e � � �unn ��aritable Trust�

In 2020� �� launc�ed a fundraising appeal entitled ��eep t�e �ation Singing� �it� t�e aim of raising funds to support t�e organisation and our members during t�e �ovid-19 pandemic� In total� �e received over 1�200 donations� ��ic� included over �00 parents donating all or a portion of t�e cancelled course fees bac� to �� T�e trustees �is� to conve� a �uge t�an� �ou to all t�e donors for t�is ama�ing and �eart-�arming support� ��ic� ensured �� as able to �eep our members singing and smiling during 2020�

T�e trustees �ould li�e to e�tend t�eir gratitude to all t�e people ��o most generousl� donated t�eir time or mone� to �� in 2019-20� �e �ould also li�e to t�an� all our �ind supporters ��o �ave c�osen to remain anon�mous and t�e �lumni ��ampions �ommittee members ��o continue to �ave a �uge impact on our fundraising capacit��

�o�al �u��orters �le� �c�oll �nt�on� To�nsend �en Parr� T�e �a�er �amil� �lfreda Tealb�-�atson �o�n �as�a�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

�ad� �argaret �lliot �state of �rs �li�abet� � �ain �nd� �arris Prof� ��ristop�er �iggins �drian �elrose T�e �unden �amil� �art� � �uc� Pollard �ic�olas Sears �r � �rs R Tett �le� �c�oll and ��arles ��nn-�vans �iona �eomans

Gold �riends

Soot� �s�uit� �ndre� �ri�e�-�illiams ��ris and �li�abet� ��ng �r�on� �oapes �avid �spinall �ieran �ooper �ate �avies �ndre� �vans ��ristian �robel T�e �illier �amil� �eli� �eac� �eoff �ountfield Poll� Penter Step�en and ��dia Pierce �anet Read �aret� Saunders �r � �rs P Tuc� �iona �eomans

�il�er �riends

T�e �o� �amil� Scott � Simone �reen Simara �irapat� �ames Prescott-�artin �ic�ael Seene� Patric� and �aroline Strafford �arole �arne� Trac� � Robert �atson

�lumni Cham�ions Committee �nd� �arris �1980s� �nna �eorge �nee Ton�in� 1980s�1990s� �r�on� �oapes �nee �onsdale� 1990s� ��arlotte �ougan �nee �obbs� 1990s� ��arlotte �rosnan �2000s� �aret� Saunders �1980s�1990s� �os� �erri �2010s� �i� �urran �1980s�1990s� �i��ie Spear �nee Ro�e� 1980s�1990s� �ic� �efferson �1980s� Simon �rig�t �1980s�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

�inan�ial re�ie�

�inan�ial �osition

�s �ill be t�e case for so man� organisations� t�e �ovid-19 pandemic �as impacted �� financiall� as �ell as operationall��

T�e statement of financial activities for 2019-20 s�o�s an annual deficit of �28�8�8� T�e principal factor contributing to t�e loss �as t�e immediate cessation of activities re�uired to support t�e nation�ide measures applied to restrict t�e spread of t�e pandemic� T�e loc�do�n �as re�uired �ust as t�e ��s season of residential courses � our principal income earning activit� � �as about to start� S�itc�ing from residential to online provision enabled some activit�� but t�is �ad a significant impact on t�e financial model� �e �ere able to offset some of t�is loss of income t�roug� related reductions in direct programme e�penditure�

T�e detrimental effect of t�e virus on t�e final �ear-end position �ould �ave seen a muc� greater loss �ad �� not benefitted from t�e �elp and financial support of donors� suppliers� members and bot� national and local government� all of ��ic� mitigated t�at loss� T�an�full�� previous trustees �ave prudentl� built a suitable level of reserves� ��ic� �as meant t�at t�e organisation �ad sufficient cas� to meets its ongoing commitments during t�e course of t�is financial �ear� In t�e face of t�e ongoing impact of �ovid-19 in 2020-21 Trustees recognise t�e critical importance of sustaining t�ose reserves to ensure t�e� are sufficient to provide future securit��

Reser�es �oli�y

��'s total reserves at 30 September 2020 �ere ��33�� uture planning is fundamental to ��s operation� combining t�e seasonal nature of annual activities �it� t�e necessit� of planning programmes and pro�ects more t�an one �ear a�ead� to lin� �it� t�e e�pected advance sc�edules of partner venues and guest artists� T�e reserves polic� reflects t�e need to provide a degree of securit� to support advance planning over longer timescales� and to provide confidence to sta�e�olders t�at artistic plans are soundl� based and funded�

Trustees �ave previousl� agreed t�e need to �old sufficient reserves to cover a suitable period of salar� and ot�er operational costs as a budget and cas� flo� contingenc� in t�e event of a significant loss of income� In 2019-20 a balance of �3��000 �as designated to t�is purpose� In t�e lig�t of t�e �ovid-19 pandemic� t�e trustees �ave revie�ed t�ese funds to ensure t�e� are sufficient� T�e� �ave determined t�at t�e suitable level of budget and cas�flo� contingenc� needs to cover t�e e�uivalent of 12 mont�s� staffing costs ��ic� �ill enable �� to manage t�e organisation t�roug� potential future c�anges in t�e economic climate or e�ceptional events and to commit to longer-term planning� ��00�000 is no� designated as a budget and cas� flo� contingenc��

� �ounder's �und of �10��9 is restricted to providing financial assistance supporting �ational �out� ��oir members to ta�e part in e�ceptional and additional activities suc� as international touring� in accordance �it� t�e �is�es of t�e donor�

In 2018-19� t�e trustees designated ��0�� as a fi�ed asset fund reflecting t�e e�pected amortisation costs of t�e �R� s�stem over t�e ne�t five �ears� � furt�er �810 of �R� costs �ere capitalised in t�e current �ear� T�e amortisation for t�e current �ear amounts to �18��8� T�is leaves an overall balance of ��2�828 in t�e fund� �rant funding for t�e pro�ect �as received and reflected in t�e accounts in a previous financial �ear� and currentl� forms part of ��'s reserves�

�uring 2018-19 t�e trustees agreed to invest a proportion of reserves for t�o �e� purposes� �irstl�� to provide an initial income stream to support t�e increasing need for access initiatives as �� broadens its reac� and� secondl�� to invest in t�e development of e�ceptional artistic pro�ects and programmes �particularl� ��ere sources of income are not ot�er�ise available�� In �ctober 2019 an initial investment of �200�000 �as placed in a �� I� fund� ��ic� comprises t�e �ounder�s �und and a proportion of ��s designated budget and cas� flo� contingenc�� T�e intention is to add to t�is fund as t�e opportunit� arises� and to use t�e annual interest generated to contribute to t�e provision of financial assistance to members� Toget�er �it� interest

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

received in 2019-20 t�e fund �as valued at �21��30 at 30 September 2020�

��cluding balances tied up in designated funds� restricted funds� and fi�ed assets� ��'s total free reserves are ��0��83� � substantial proportion of reserves are re�uired as �or�ing capital� ��ic� is t�e cas� �eld to enable t�e organisation to meet its commitments t�roug�out t�e �ear�

T�e e�perience gained during t�e period since �arc� 2020� reinforces t�e need for sufficient reserves to ensure t�e future of t�e organisation is sustainable and trustees �ill continue to revie� t�e reserves position on an annual basis�

Going �on�ern

�iven t�e li�el� ongoing impact of �ovid-19 into 2020-21� t�e trustees �ave given careful consideration to t�e matter of financial sustainabilit� and ��s viabilit� in t�e coming mont�s� Trustees �ave revie�ed a number of different budget assumptions� scenarios and cas�flo� pro�ections� �e are fortunate to �ave direct e�perience in 2019-20 of t�e potential impact of �ovid-19 on ��s usual activit� programme� and �no� �e �ave t�e abilit� to respond and adapt programme� T�is e�perience �as been invaluable in developing t�ese financial pro�ections�

Trustees agree t�at �� currentl� retains a suitable level of reserves to �elp mitigate immediate financial pressures and manage anticipated cas�flo� needs in t�e coming �ear�

�urt�ermore� trustees are grateful t�at ��s financial position in 2020-21 is furt�er supported b� t�e a�ard of a generous grant of �1�0�000 from t�e �overnment�s �ulture Recover� �und� administered b� �rts �ouncil �ngland� T�is grant �ill support ��s core organisational costs during t�e period �ctober 2020 to �arc� 2021� ��ile �ovid-19 restrictions are ongoing and enable �� to plan �ovid-secure programmes for t�e follo�ing period�

�fter ma�ing appropriate en�uiries� t�e trustees �ave a reasonable e�pectation t�at t�e compan� �as ade�uate resources to continue in operational e�istence for t�e foreseeable future� �or t�is reason� t�e� continue to adopt t�e going concern basis in preparing t�e financial statements�

�inan�ial ris� management ob�e�ti�es and �oli�ies

�ur management team and our �inance Sub committee robustl� monitor financial ris�s� and in 2020-21 t�is includes regular revie� of a compre�ensive budget ris� assessment� T�is ensures appropriate ris� mitigation strategies can be implemented and contingenc� plans can be made� T�is management of ris�s is underpinned b� a strong reserves polic�� T�is approac� ensures t�at �� as a registered c�arit� and a compan� limited b� guarantee� meets its legal and c�aritable financial compliance and probit� re�uirements� T�e control environment and frame�or� are appropriate for t�e current and planned future scale of t�e organisation and assures a strong platform of financial governance and control to �� funders and sta�e�olders�

To support prudent financial management and mitigation of financial ris�� trustees �ave carefull� considered and agreed an investment strateg�� described in t�e reserves polic� above�

�lans for future �eriods

��ile �� is alread� a national leader� engaging man� talented �oung singers nation�ide� b� 2030 �e �ant it to be t�e go to organisation for an� talented �oung singer in t�e countr� ��o �ants to be inspired� c�allenged and nurtured� �e aim to provide unparalleled opportunities for �oung people from t�e �idest diversit� of bac�grounds t�roug� performance� education and regional� national and international engagement� �e �ant �� to be a �ouse�old name t�at all talented �oung singers� from t�e �idest possible range of social� et�nic and cultural bac�grounds� and from ever� part of t�e �� aspire to �oin�

�� trustees approved a ne� business plan for t�e period 2018 to 2022 in autumn 2018� and t�is plan �as been updated annuall�� T�e plan sets out ��s ambitious organisational mission and strategic aims across

1�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

artistic� engagement and learning� national leaders�ip and organisational development strands�

In 2020-21 ��s programme of activities �ill continue to contribute to�ards t�e deliver� of t�e stated organisational and c�aritable aims and ob�ectives� �o�ever �it� �ovid-19 e�pected to continue to impact into 2021 �e are planning to be fle�ible and creative in order to navigate t�e ongoing c�allenges in t�e s�ort-term� and ensure t�at �� is in a solid position to pursue t�e gro�t� t�at �e need for t�e future� Plans �ill be revie�ed and refres�ed regularl� b� management and trustees�

Courses� Training and Pro�essiona� �e�e�o��ent

�ig�t courses are currentl� planned during 2020-21� �ational �out� �irls�� o�s� and Training ��oir in spring and summer� and alongside t�is �� ill deliver t�e �ational �out� ��oir �nnual Programme� �e aim to engage over 900 members� �e �ill deliver our courses residentiall� if �e are able to do so safel� and �it�in government guidelines� �o�ever �e are also planning alternative programmes blending digital and in-person deliver� s�ould contingencies be re�uired� �e �ill be carr�ing for�ard our artistic t�eme of ��ultural Identit�� from 2020�

�cross all our programmes� regardless of t�e �a� �e deliver t�em� �e �ill continue to offer uni�ue and �ig��ualit� learning and performance opportunities� including t�e c�ance for members to �or� �it� guest artists and practitioners from t�e �idest diversit� of cultures and musical genres� �e strive to ensure t�at our training remains at t�e forefront of c�oral practice and is inspiring and relevant to our �oung people�

�ur development programmes for emerging professional artists �ill continue for t�e si�t� co�ort of t�e �ello�s�ip Programme� and t�e t�ird �ear of our �oung �omposers Sc�eme in partners�ip �it� �� Recordings� �e �ave revie�ed t�e structure and content of t�e �ello�s�ip programme to align t�is more closel� �it� t�e �oung �omposers Sc�eme and to e�pand t�e focus on c�oral leaders�ip and s�ills in educational deliver��

Per�or�an�es� Co��issions and �e�ordings

�� ill aim to deliver a programme of around 2� concerts across our ensembles in 2020-21� see�ing to continue to offer members unbeatable performance opportunities� T�ese concerts �ill include a mi� of live and broadcasted performances� responding to c�anges in �ovid-19 restrictions as re�uired� ��citing plans include t�e �ational �out� ��oir performing as part of t�e ��ive from �ondon� digital broadcast series �it� t�e Tallis Sc�olars� a live-streamed �nnual S�o�case in �ebruar�� participation in t�e Ro�al �lbert �all�s 1�0t� anniversar� celebrations and performances at t�e Spitalfields and T�ree ��oirs festivals in summer 2021�

T�o ne� c�oral commissions are planned� connected to our t�eme of �ultural Identit�� T�is includes an e�citing ne� �or� from a�ard-�inning �ritis�-Iranian composer and turntable artist� S�iva �es�are�i� for t�e �ational �out� ��oir� � furt�er ne� piece �ill be commissioned for t�e �ational �out� �irls� ��oir�

�� ill continue to develop ne� virtual audiences for c�oral music b� creating and releasing a regular programme of audio and video recordings across streaming platforms� T�is �ill include releases of virtual recordings created b� our c�oirs during loc�do�n in 2020 and release of t�e second �oung �omposers album b� �� Recordings�

�earning and �ngage�ent

�rom t�e autumn term 2020 �e �ill restart deliver� of our �earning and �ngagement programme� �ue to ongoing restrictions� �oung people face more barriers t�an ever before in accessing �ig�-�ualit� singing programme� T�erefore� it continues to be important for �� to find �a�s to support �oung singers even in c�allenging times� �e plan to create a ��brid model of bot� online and in-person deliver�� dra�ing on t�e uni�ue e�perience and learning �e �ave developed t�roug� creating online programmes in 2020�

�e �ill continue to focus on developing our strategic partners�ip programmes in �or�s�ire� t�e �ort� �ast and t�e �est �idlands and continue �legac�� partners�ip �or� in �otting�ams�ire� �longside t�is �e plan to reboot our �ider national programme of outreac� �or�s�ops� open events� and �P�� e �ill aim to engage around 3��00 �oung people t�roug� our learning and engagement activities�

1�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

A��ess� �n��usion and �e�resentation

�� is committed to being an inclusive and representative organisation� c�ampioning �ig�-�ualit� singing opportunities for all �oung people� �e passionatel� believe t�at all c�ildren and �oung people �it� t�e �idest range of bac�grounds and regardless of individual circumstance s�ould be able to ma�e music �it� ot�ers� and �ave t�e opportunit� to discover and e�plore t�eir musical talent and ac�ieve at t�e �ig�est levels� �s a national organisation� �e �ant all talented �oung singers to e�perience ��at �� as to offer� and to be supported to t�rive and contribute e�uall� to our communit��

�e �ave made significant progress in reac�ing and inspiring more �oung people and in supporting artists from a greater diversit� of bac�grounds� �o�ever� �e believe t�ere is muc� more �e could do� in particular around engaging communities t�at do not �ave eas� access to opportunities for ensemble singing� and in addressing barriers to �lac�� sian and �inorit� �t�nic singers �oining and progressing �it�in �� T�e �lac� �ives �atter movement �as �ig�lig�ted t�e ongoing issues and discrimination man� communities still face� and in 2020-21 �e �ill be �or�ing �it� greater urgenc� to deliver actions against ��s e�ualit�� diversit� and inclusion priorities�

T�is �or� �ill include ta�ing part in �I�m I�� a pilot initiative for music organisations to assess and improve diversit� and inclusion� implementing ne� approac�es to our auditions processes � removing barriers to recruiting �oung singers from t�e �idest range of bac�grounds� continuing to c�ampion diverse voices in our programmes and supporting our members voices to be �eard� and recruiting and training members� staff and trustees from a �ider diversit� of et�nic� socio-economic� and geograp�ical bac�grounds�

�igita� �e�e�o��ents

�e �ave learned a �uge amount from t�e rapid development of online programmes in 2020� and digital platforms offer a significant opportunit� for �� to deliver fle�ibl� t�roug� furt�er periods of �ovid-19 restrictions and� longer-term� to reac� more �idel� t�an ever before� In 2020-21� �e �ill be evaluating �o� �e can integrate t�ese ne� �a�s of �or�ing alongside our regular programmes� �or e�ample� �e are e�ploring t�e potential to create a regular online programme to �elp �oung people improve t�eir musicians�ip s�ills� T�is ne� approac� �ould aim to level t�e pla�ing field for �oung people �it�out t�e financial means or access to private singing tuition or regular learning opportunities in t�eir communit��

In addition to t�is� �e are considering �o� �e can create more regular contact �it� members� alumni and our audiences b� using digital tec�nolog�� T�is could include online masterclasses �it� professionals� annual virtual c�oir recordings �it� alumni and sc�ools� online open da�s for aspiring members and even social sessions so members can get to �no� eac� ot�er and develop as a communit� before and bet�een courses�

1�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

�tru�ture� go�ernan�e and management

Constitution

�� as establis�ed in 1983 and registered as a c�arit� and incorporated as a compan� limited b� guarantee in 198�� T�e compan� �as establis�ed under a �emorandum of �ssociation ��ic� establis�ed t�e ob�ects and po�ers of t�e c�aritable compan�� and is governed under its �rticles of �ssociation� rene�ed and revised in 2010�

�ffe�ti�e go�ernan�e

T�e trustees are committed to ensuring t�e effective governance of �� and in 2019-20 �ave revie�ed current policies and procedures to ensure voluntar� compliance �it� t�e ��arit� �overnance �ode as updated in �ul� 201�� T�e revie� process �as resulted in an action plan ��ic� �ill furt�er en�ance ��s approac� to governance�

Re�ruitment and a��ointment of trustees

T�e directors of t�e compan� are also c�arit� trustees for t�e purpose of c�arit� la� and� under t�e compan�'s �rticles� are �no�n as members of t�e �oard of trustees� �nder t�e re�uirements of t�e �emorandum and �rticles of �ssociation t�e members of t�e �oard of trustees are elected to serve for a period of t�ree �ears� after ��ic� t�e� must be re elected at t�e ne�t �nnual �eneral �eeting� Trustees are elected for a ma�imum of t�ree c�cles�

T�e board of trustees see�s to ensure t�at its members possess t�e range of s�ills and e�pertise re�uired to benefit t�e diverse range of �or� t�e compan� underta�es� In t�e event of particular s�ills or e�pertise being lost due to retirement� appropriate individuals are identified and approac�ed to offer t�emselves for election to t�e �oard of trustees�

�oli�ies ado�ted for the indu�tion and training of trustees

�n appointment trustees participate in an establis�ed induction process and meet �it� t�e senior management team to understand t�e �or�ings of t�e c�arit� and t�eir roles� �urt�er training is provided on an ad �oc basis as and ��en re�uired�

�ay �oli�y for senior staff

T�e trustees are responsible for setting t�e remuneration level for t�e senior team� ��ic� is done ta�ing account of t�e financial position of t�e c�arit� and prevailing mar�et rates for similar roles�

�rganisational stru�ture and de�ision ma�ing

�� as a �oard of trustees ��ic� meets �uarterl� and is responsible for t�e strategic direction and polic� of t�e c�arit�� ll trustees give t�eir time voluntaril�� n� e�penses claimed b� t�e trustees from t�e c�arit� are set out in note 10 to t�e financial statements�

T�e trustees emplo� a ��ief ��ecutive and an �rtistic �irector � Principal �onductor as an ��ecutive team� �it� overall responsibilit� for a team of creative and operational staff �including t�e �ead of �rtistic Planning and Participation� �eneral �anager� �irector of �evelopment� and �ead of �ommunications and �udience �evelopment� to develop and implement t�e vision of t�e c�arit� and its activities�

T�e �oard� �it� detailed �or� carried out b� its �inance Sub committee� approves t�e draft annual budget� T�e ��ief ��ecutive and �rtistic �irector are afforded full artistic and operational control sub�ect to t�e budgeting limits set b� t�e �oard�

1�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

Ris� management

T�e �oard of trustees and t�e management committee regularl� underta�e a revie� of t�e ma�or ris�s to ��ic� t�e c�arit� is or ma� be e�posed� ��ere appropriate� s�stems and procedures �ave been establis�ed to mitigate t�e ris�s t�at t�e c�arit� is facing or ma� face�

�ppropriate policies and procedures are in place to ensure compliance �it� legislative re�uirements� ��ic� include emplo�ment la�s� e�ualit� duties� c�ild protection policies� data protection policies and �ealt� and safet� of members� staff� and volunteers�

It is �� polic� t�at �all persons be accorded full and e�ual consideration on t�e basis of merit or ot�er relevant� meaningful criteria� regardless of an� potential source of discrimination�� e aim to ac�ieve t�is b� nurturing a culture of mutual respect and trust� fairness and dignit�� and positive� inclusive be�aviour�

�ollo�ing a compre�ensive revie� of our safeguarding practices b� �SP�� in 2013� �e �ave prioritised �member voice�� ensuring t�at an� member �as t�e means and opportunit� to e�press t�emselves and be �eard� To support t�is �� appointed a permanent �ead of Safeguarding ��o is responsible for delivering a safeguarding training programme to all staff members� and �or�ing �it� staff to ensure appropriate future plans are put in place for �oung people and especiall� t�ose �it� protected c�aracteristics ��ere and ��en re�uired�

�is�losure of information to auditor

�ac� of t�e persons ��o are trustees at t�e time ��en t�is trustees' report is approved �as confirmed t�at�

� so far as t�at trustees are a�are� t�ere is no relevant audit information of ��ic� t�e c�aritable compan�'s auditor is una�are� and

� t�at trustees �ave ta�en all t�e steps t�at oug�t to �ave been ta�en as a trustee in order to be a�are of an� relevant audit information and to establis� t�at t�e c�aritable compan�'s auditor is a�are of t�at information�

�uditor

Pursuant to section �8��2� of t�e �ompanies �ct 200�� t�e auditor �ill be deemed to be reappointed and �� P �ill t�erefore continue in office�

T�is report �as approved b� t�e trustees� on 29 �anuar� 2021 and signed on t�eir be�alf b��

�rofessor Christo�her �ran�is �iggins (�R�� ed��i �R�� Chair

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�tatement of trustees� res�onsibilities Year ended 30 �e�tember �0�0

T�e trustees ��o are also t�e directors of t�e compan� for t�e purposes of compan� la�� are responsible for preparing t�e Trustees' report and t�e financial statements in accordance �it� applicable la� and �nited �ingdom �ccounting Standards ��nited �ingdom �enerall� �ccepted �ccounting Practice��

�ompan� la� re�uires t�e trustees to prepare financial statements for eac� financial � �nder compan� la�� t�e trustees must not approve t�e financial statements unless t�e� are satisfied t�at t�e� give a true and fair vie� of t�e state of affairs of t�e compan� and of its incoming resources and application of resources� including its income and e�penditure� for t�at period� In preparing t�ese financial statements� t�e trustees are re�uired to�

select suitable accounting policies and t�en appl� t�em consistentl��
observe t�e met�ods and principles of t�e ��arities S�RP ��RS 102��
ma�e �udgments and accounting estimates t�at are reasonable and prudent�
state ��et�er applicable �� ccounting Standards ��RS 102� �ave been follo�ed� sub�ect to an� material departures disclosed and e�plained in t�e financial statements�
prepare t�e financial statements on t�e going concern basis unless it is inappropriate to presume t�at t�e compan� �ill continue in business�

T�e trustees are responsible for �eeping ade�uate accounting records t�at are sufficient to s�o� and e�plain t�e compan�'s transactions and disclose �it� reasonable accurac� at an� time t�e financial position of t�e compan� and enable t�em to ensure t�at t�e financial statements compl� �it� t�e �ompanies �ct 200�� T�e� are also responsible for safeguarding t�e assets of t�e compan� and �ence for ta�ing reasonable steps for t�e prevention and detection of fraud and ot�er irregularities�

��

�nde�endent auditor�s re�ort to the �embers of National Youth Choirs of Great Britain

��inion

�e �ave audited t�e financial statements of �ational �out� ��oirs of �reat �ritain �t�e 'c�aritable compan�'� for t�e �ear ended 30 September 2020 ��ic� comprise t�e Statement of financial activities� t�e �alance s�eet� t�e Statement of cas� flo�s and t�e related notes� including a summar� of significant accounting policies� T�e financial reporting frame�or� t�at �as been applied in t�eir preparation is applicable la�and �nited �ingdom �ccounting Standards� including �inancial Reporting Standard 102 'T�e �inancial Reporting Standard applicable in t�e �� and Republic of Ireland' ��nited �ingdom �enerall� �ccepted �ccounting Practice��

In our opinion t�e financial statements�

give a true and fair vie� of t�e state of t�e c�aritable compan�'s affairs as at 30 September 2020 and of its incoming resources and application of resources� including its income and e�penditure for t�e �ear t�en ended�
�ave been properl� prepared in accordance �it� �nited �ingdom �enerall� �ccepted �ccounting Practice� and
�ave been prepared in accordance �it� t�e re�uirements of t�e �ompanies �ct 200��

Basis for o�inion

�e conducted our audit in accordance �it� International Standards on �uditing �� IS�s �� and applicable la�� ur responsibilities under t�ose standards are furt�er described in t�e �uditor's responsibilities for t�e audit of t�e financial statements section of our report� �e are independent of t�e c�aritable compan� in accordance �it� t�e et�ical re�uirements t�at are relevant to our audit of t�e financial statements in t�e �nited �ingdom� including t�e �inancial Reporting �ouncil's �t�ical Standard� and �e �ave fulfilled our ot�er et�ical responsibilities in accordance �it� t�ese re�uirements� �e believe t�at t�e audit evidence �e �ave obtained is sufficient and appropriate to provide a basis for our opinion�

Con�lusions relating to going �on�ern

�e �ave not�ing to report in respect of t�e follo�ing matters in relation to ��ic� t�e IS�s �� re�uire us to report to �ou ��ere�

t�e trustees' use of t�e going concern basis of accounting in t�e preparation of t�e financial statements is not appropriate� or
t�e trustees �ave not disclosed in t�e financial statements an� identified material uncertainties t�at ma� cast significant doubt about t�e c�aritable compan�'s abilit� to continue to adopt t�e going concern basis of accounting for a period of at least t�elve mont�s from t�e date ��en t�e financial statements are aut�orised for issue�

��

�nde�endent auditor�s re�ort to the �embers of National Youth Choirs of Great Britain (�ontinued�

�ther information

T�e trustees are responsible for t�e ot�er information� T�e ot�er information comprises t�e information included in t�e �nnual report� ot�er t�an t�e financial statements and our �uditor's report t�ereon� �ur opinion on t�e financial statements does not cover t�e ot�er information and� e�cept to t�e e�tent ot�er�ise e�plicitl� stated in our report��e do not e�press an� form of assurance conclusion t�ereon�

In connection �it� our audit of t�e financial statements� our responsibilit� is to read t�e ot�er information and� in doing so� consider ��et�er t�e ot�er information is materiall� inconsistent �it� t�e financial statements or our �no�ledge obtained in t�e audit or ot�er�ise appears to be materiall� misstated� If �e identif� suc� material inconsistencies or apparent material misstatements� �e are re�uired to determine ��et�er t�ere is a material misstatement in t�e financial statements or a material misstatement of t�e ot�er information� If� based on t�e �or� �e �ave performed� �e conclude t�at t�ere is a material misstatement of t�is ot�er information� �e are re�uired to report t�at fact�

�e �ave not�ing to report in t�is regard�

��inion on other matters �res�ribed by the Com�anies ��t �006

In our opinion� based on t�e �or� underta�en in t�e course of t�e audit�

t�e information given in t�e Trustees' report for t�e financial �ear for ��ic� t�e financial statements are prepared is consistent �it� t�e financial statements�
t�e Trustees' report �as been prepared in accordance �it� applicable legal re�uirements�

�atters on �hi�h �e are re�uired to re�ort by e��e�tion

In t�e lig�t of our �no�ledge and understanding of t�e c�aritable compan� and its environment obtained in t�e course of t�e audit� �e �ave not identified material misstatements in t�e Trustees' report�

�e �ave not�ing to report in respect of t�e follo�ing matters in relation to ��ic��ompanies �ct 200� re�uires us to report to �ou if� in our opinion�

ade�uate accounting records �ave not been �ept� or returns ade�uate for our audit �ave not been received from branc�es not visited b� us� or
t�e financial statements are not in agreement �it� t�e accounting records and returns� or
certain disclosures of trustees' remuneration specified b� la� are not made� or
�e �ave not received all t�e information and e�planations �e re�uire for our audit� or
t�e trustees �ere not entitled to prepare t�e financial statements in accordance �it� t�e small companies regime and ta�e advantage of t�e small companies' e�emptions in preparing t�e Trustees' report and from t�e re�uirement to prepare a Strategic report�

��

�nde�endent auditor�s re�ort to the �embers of National Youth Choirs of Great Britain (�ontinued�

Res�onsibilities of trustees

�s e�plained more full� in t�e Trustees' responsibilities statement� t�e trustees ��o are also t�e directors of t�e c�aritable compan� for t�e purposes of compan� la�� are responsible for t�e preparation of t�e financial statements and for being satisfied t�at t�e� give a true and fair vie�� and for suc� internal control as t�e trustees determine is necessar� to enable t�e preparation of financial statements t�at are free from material misstatement� ��et�er due to fraud or error�

In preparing t�e financial statements� t�e trustees are responsible for assessing t�e c�aritable compan�'s abilit� to continue as a going concern� disclosing� as applicable� matters related to going concern and using t�e going concern basis of accounting unless t�e trustees eit�er intend to li�uidate t�e c�aritable compan� or to cease operations� or �ave no realistic alternative but to do so�

�uditor�s res�onsibilities for the audit of the finan�ial statements

�ur ob�ectives are to obtain reasonable assurance about ��et�er t�e financial statements as a ��ole are free from material misstatement� ��et�er due to fraud or error� and to issue an �uditor's report t�at includes our opinion� Reasonable assurance is a �ig� level of assurance� but is not a guarantee t�at an audit conducted in accordance �it� IS�s �� ill al�a�s detect a material misstatement ��en it e�ists� �isstatements can arise from fraud or error and are considered material if� individuall� or in t�e aggregate� t�e� could reasonabl� be e�pected to influence t�e economic decisions of users ta�en on t�e basis of t�ese financial statements�

� furt�er description of our responsibilities for t�e audit of t�e financial statements is located on t�e �inancial Reporting �ouncil's �ebsite at� ��frc�org�u��auditorsresponsibilities� T�is description forms part of our �uditor's report�

�se of our re�ort

T�is report is made solel� to t�e c�aritable compan�'s members� as a bod�� in accordance �it� ��apter 3 of Part 1� of t�e �ompanies �ct 200��ur audit �or� �as been underta�en so t�at �e mig�t state to t�e c�aritable compan�'s members t�ose matters �e are re�uired to state to t�em in an �uditor's report and for no ot�er purpose� To t�e fullest e�tent permitted b� la�� e do not accept or assume responsibilit� to an�one ot�er t�an t�e c�aritable compan� and its members� as a bod�� for our audit �or�� for t�is report� or for t�e opinions �e �ave formed�

�nne �allo�ell B�� C� �Ch� (�enior �tatutory �uditor� for and on behalf of �N� �� tatutory �uditor

��artered �ccountants �e�castle upon T�ne

29 �anuar� 2021

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�tatement of finan�ial a�ti�ities (in�or�orating in�ome and e��enditure a��ount� Year ended 30 �e�tember �0�0

Note �n�ome from: �onations and legacies 3 ��aritable activities � �t�er trading activities � Investments �otal in�ome ��enditure on: Raising funds � ��aritable activities � �otal e��enditure �et gains on investments Net mo�ement in funds Re�on�iliation of funds: Total funds broug�t for�ard �et movement in funds �otal funds �arried for�ard	�nrestri�ted funds �0�0 � �8��0� 130�51� � 1�638 �1��55� 8��00� 3�5��3 �6��3� 16�530 (�8�8�8� 555�5�� (�8�8�8� 5�6��6	Restri�ted funds �0�0 � �8��80 � �80 � �88�060 � �88�060 �88�060 � � 106�� � 106��	�otal funds �0�0 � 5��68� 130�51� �80 1�638 �0��61� 8��00� 663��83 �5�� 16�530 (�8�8�8� 66��3�3 (�8�8�8� 633��5	Total funds 2019 � �3��390 ��108 19��80 3�28�
				1�30��3��
				�8�3�8 1�1�2��0�
				1�2�1�0�2
				-
				��312
				�98�011 ��312
				��2�323

T�e notes on pages 2� to �� form part of t�ese financial statements�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Balan�e sheet �t 30 �e�tember �0�0

Note �i�ed assets Intangible assets 11 Tangible assets 12 Investments 13 Current assets Stoc�s �ebtors 1� �as� at ban� and in �and �reditors� amounts falling due �it�in one �ear 1� Net �urrent assets Net assets Charity funds Restricted funds 1� �nrestricted funds 1� �otal funds	� 10�� �51�5�0 555�� (1��	�0�0 � 5��8�8 3�115 �16�530 ��3 361�00� 633��5 106�� 5�6��6 633��5	98� 8��130 �8��89� ��1�013 �182�839�	2019 � �0�� 3��3 -
				��1�9 �88�1��
				��2�323 10��9 ��

				��2�323

T�e trustees ac�no�ledge t�eir responsibilities for compl�ing �it� t�e re�uirements of t�e �ct �it� respect to accounting records and preparation of financial statements�

T�e financial statements �ave been prepared in accordance �it� t�e provisions applicable to entities sub�ect to t�e small companies regime�

T�e financial statements �ere approved and aut�orised for issue b� t�e trustees on 29 �anuar� 2021 and signed on t�eir be�alf b��

�rofessor Christo�her �ran�is �iggins� Chair

�ompan� registered number� 018�0803

T�e notes on pages 2� to �� form part of t�ese financial statements�

2�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�tatement of �ash flo�s Year ended 30 �e�tember �0�0

Cash flo�s from o�erating a�ti�ities �et cas� used in operating activities Cash flo�s from in�esting a�ti�ities Purc�ase of intangible assets Purc�ase of investments Net �ash used in in�esting a�ti�ities Change in �ash and �ash e�ui�alents in the year �as� and cas� e�uivalents at t�e beginning of t�e �ear Cash and �ash e�ui�alents at the end of the year	�0�0 � (33�56�� (810� (�00�000� (�00�810� (�3��3�� 685�8�� �51�5�0	2019 � 8��928 �29��1�� - (��615� 58�313 �2��8� �8��89�

T�e notes on pages 2� to �� form part of t�ese financial statements

2�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

1� ��ounting �oli�ies

1�1 Basis of �re�aration of finan�ial statements

T�e financial statements �ave been prepared in accordance �it� t�e ��arities S�RP ��RS 102� - �ccounting and Reporting b� ��arities� Statement of Recommended Practice applicable to c�arities preparing t�eir accounts in accordance �it� t�e �inancial Reporting Standard applicable in t�e �� and Republic of Ireland ��RS 102� �effective 1 �anuar� 2019�� t�e �inancial Reporting Standard applicable in t�e �� and Republic of Ireland ��RS 102� and t�e �ompanies �ct 200��

�ational �out� ��oirs of �reat �ritain meets t�e definition of a public benefit entit� under �RS 102� �ssets and liabilities are initiall� recognised at �istorical cost or transaction value unless ot�er�ise stated in t�e relevant accounting polic��

T�e financial statements are prepared in sterling� ��ic� is t�e functional currenc� of t�e c�arit� and are rounded to t�e nearest �1�

1�� Com�any status

T�e compan� is a compan� limited b� guarantee� incorporated and domiciled in �ngland� T�e members of t�e compan� are t�e trustees named on page 1� In t�e event of t�e compan� being �ound up� t�e liabilit� in respect of t�e guarantee is limited to �10 per member of t�e compan��

1�3 Going �on�ern

�s set out in more detail in t�e trustees report� t�e c�arit��s activities �ere severel� impacted b� t�e onset of t�e �ovid-19 pandemic in �arc� 2020� �o�ever� t�an�s to t�e generous support of a number of funders and supporters� and t�e �or� underta�en to ensure t�at deliver� of programmes and activities �ere able to run at least in part virtuall�� t�e financial impact on t�e organisation �as �ept to a minimum and t�e c�arit� remains in a relativel� strong cas� position� ��ilst muc� uncertaint� remains� t�e a�ard in �ctober 2020 of an additional �1�0� from t�e �ulture Recover� �und �as added to t�e organisations abilit� to meet future c�allenges �it� confidence and to ensure t�at it is able to furt�er adapt to t�e restrictions on t�e normal operations t�at remain in place�

�onse�uentl� t�e trustees �ave a reasonable e�pectation t�at t�e c�arit� �as ade�uate resources to continue in operational e�istence for t�e foreseeable future� �or t�is reason t�e� continue to adopt t�e going concern basis in preparing t�e financial statements�

1�� n�ome

�ll income� including course fees and grant income� is recognised once t�e compan� �as entitlement to t�e income� it is probable t�at t�e income �ill be received and t�e amount of income receivable can be measured reliabl��

�onated goods or services are included in income at a valuation ��ic� is an estimate of t�e financial cost borne b� t�e donor� ��ere suc� a cost is �uantifiable and measurable� �o income is recognised ��ere t�ere is no financial cost borne b� t�e t�ird part��

Income ta� recoverable in relation to donations received under �ift �id or deeds of covenant is recognised at t�e time of t�e donation�

Income ta� recoverable in relation to investment income is recognised at t�e time t�e investment income is receivable�

2�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

1� ��ounting �oli�ies (�ontinued�

1�5 ��enditure

��penditure is accounted for on an accruals basis and �as been included under e�pense categories t�at aggregate all costs for allocation to activities� ��ere costs cannot be directl� attributed to particular activities t�e� �ave been allocated on a basis consistent �it� t�e use of resources�

Support costs are t�ose costs incurred directl� in support of e�penditure on t�e ob�ects of t�e compan�� T�e� include governance costs� ��ic� are t�ose incurred in connection �it� t�e administration of t�e compan� and compliance �it� constitutional and statutor� re�uirements�

�osts of generating funds are costs incurred in attracting voluntar� income� and t�ose incurred in trading activities t�at raise funds�

�ll e�penditure is inclusive of irrecoverable ��T�

1�6 �ntangible assets and amortisation

Intangible assets are capitalised and recognised ��en future economic benefits are probable and t�e cost or value of t�e asset can be measured reliabl�� Intangible assets are initiall� recognised at cost and are subse�uentl� measured at cost net of amortisation and an� provision for impairment�

�mortisation is provided at t�e follo�ing rates�

Soft�are	-	�	�ear straig�t line basis
�ebsite	-	3	�ear straig�t line basis

1�� angible fi�ed assets and de�re�iation

�ll assets costing more t�an ��000 are capitalised�

Tangible fi�ed assets are carried at cost� net of depreciation and an� provision for impairment�

�epreciation is provided at rates calculated to �rite off t�e cost of fi�ed assets� less t�eir estimated residual value� over t�eir e�pected useful lives on t�e follo�ing bases

�ffice e�uipment

� �ear straig�t line basis

1�8 �n�estments

�i�ed asset investments are a form of financial instrument and are initiall� recognised at t�eir transaction cost and subse�uentl� measured at fair value at t�e balance s�eet date� unless t�e value cannot be measured reliabl� in ��ic� case it is measured at cost less impairment� Investment gains and losses� ��et�er realised or unrealised� are combined and presented as ��ains��osses� on investments� in t�e statement of financial activities�

1�� to��s

Stoc�s are valued at t�e lo�er of cost and net realisable value after ma�ing due allo�ance for obsolete and slo�-moving stoc�s�

Stoc� comprises branded merc�andise �eld for resale�

2�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

1� ��ounting �oli�ies (�ontinued�

1�10 �ebtors

Trade and ot�er debtors are recognised at t�e settlement amount after an� trade discount offered� Prepa�ments are valued at t�e amount prepaid net of an� trade discounts due�

1�11 Cash at ban� and in hand

�as� at ban� and in �and includes cas� and s�ort-term �ig�l� li�uid investments �it� a s�ort maturit� of t�ree mont�s or less from t�e date of ac�uisition or opening of t�e deposit or similar account�

1�1� �iabilities and �ro�isions

�iabilities are recognised ��en t�ere is an obligation at t�e �alance s�eet date as a result of a past event� it is probable t�at a transfer of economic benefit �ill be re�uired in settlement� and t�e amount of t�e settlement can be estimated reliabl��

�iabilities are recognised at t�e amount t�at t�e compan� anticipates it �ill pa� to settle t�e debt or t�e amount it �as received as advanced pa�ments for t�e goods or services it must provide�

1�13 �ensions

T�e compan� operates a defined contribution pension sc�eme and t�e pension c�arge represents t�e amounts pa�able b� t�e compan� to t�e fund in respect of t�e �ear�

1�1� �und a��ounting

�eneral funds are unrestricted funds ��ic� are available for use at t�e discretion of t�e trustees in furt�erance of t�e general ob�ectives of t�e compan� and ��ic� �ave not been designated for ot�er purposes�

�esignated funds comprise unrestricted funds t�at �ave been set aside b� t�e trustees for particular purposes� T�e aim and use of eac� designated fund is set out in t�e notes to t�e financial statements�

Restricted funds are funds ��ic� are to be used in accordance �it� specific restrictions imposed b� donors or ��ic� �ave been raised b� t�e compan� for particular purposes� T�e costs of raising and administering suc� funds are c�arged against t�e specific fund� T�e aim and use of eac� restricted fund is set out in t�e notes to t�e financial statements�

Investment income� gains and losses are allocated to t�e appropriate fund�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

�� Criti�al a��ounting estimates and areas of �udgment

�stimates and �udgments are continuall� evaluated and are based on �istorical e�perience and ot�er factors� including e�pectations of future events t�at are believed to be reasonable under t�e circumstances�

�ritical accounting estimates and assumptions�

In preparing t�ese financial statements t�e directors do not consider t�ere �ere an� significant areas of �udgment t�at �ere re�uired in appl�ing t�e compan�'s accounting policies as set out above�

�stimates included �it�in t�ese financial statements include depreciation and asset impairments� �one of t�e estimates made are considered to carr� significant estimation uncertaint�� nor to bear significant ris� of causing a material ad�ustment to t�e carr�ing amounts of assets and liabilities �it�in t�e ne�t financial �ear�

3� �n�ome from donations and lega�ies

�nrestri�ted funds �0�0 � �onations 82�923 �overnment grants 31��81 �rants 118�8�1 �embers�ip fees 21�8�9 �egacies 32�000 28��0�	Restri�ted funds �0�0 � 28�8�� - 2�8��0� - - 28��280	�otal funds �0�0 � 111�� 31��81 3��5 �1�85� 3��000
		5��68�

�onations comprise donations from individuals of �82�923 and from corporate partners of �28�8��

�onations �rants �embers�ip fees �egacies	�nrestricted funds 2019 � ��328 - 21�21� �8�000 11��3	Restricted funds 2019 � 2��000 39��8�� - - �19�8��	Total funds 2019 � �1�328 39��8�� 21�21� �8�000
			�3��390

�onations comprise donations from individuals of ��328 and from corporate partners of �2��000�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

�� n�ome from �haritable a�ti�ities

�nrestri�ted funds �0�0 � �ourse fees ��2� �udition fees 20�832 Sales of merc�andise 3�� �oncert and performing fees 30�128 Tic�et sales and contributions - concerts ��8 �t�er income 8�28� �otal �0�0 130��12	�otal funds �0�0 � 66�� �0�83� 3�� 30�1�8 ��68 8��86
	130�51�

�ourse fees �udition fees Sales of merc�andise �oncert and performing fees Tic�et sales and contributions - concerts �t�er income Total 2019	�nrestricted funds 2019 � �0��309 19�8�0 1�892 ��1� 2��099 �0��32 ��108	Total funds 2019 � �0��309 19�8�0 1�892 ��1� 2��099 �0��32
		��108

5� �n�ome from other trading a�ti�ities

�n�ome from fundraising e�ents

	Restri�ted	�otal
	funds	funds
	�0�0	�0�0
	�	�
�undraising events	�80	�80

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

5�	�n�ome from other trading a�ti�ities (�ontinued�
	�n�ome from fundraising e�ents (�ontinued�

�undraising events 6� ��enditure on raising funds Costs of raising �oluntary in�ome	Restricted funds 2019 � 19��80	Total funds 2019 � 19��80

�nrestri�ted funds �0�0 � �undraising - ot�er costs 10�3�1 �ages and salaries �0��1� �ational Insurance 8�132 89�009 �nrestricted funds 2019 � �undraising - ot�er costs 1�290 �ages and salaries �9�0�3 �ational insurance ��98� �8�3�8	�otal funds �0�0 � 10�361 �0�516 8�13�
	8��00�
	Total funds 2019 � 1�290 �9�0�3 ��98�
	�8�3�8

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

�� nalysis of e��enditure on �haritable a�ti�ities

�ummary by fund ty�e

�nrestri�ted funds �0�0 � ��aritable activities 3��923 �nrestricted funds 2019 � ��aritable activities �23�2�� 8� �nalysis of e��enditure by a�ti�ities �ire�t �osts �0�0 � ��aritable activities �20�112 �irect costs 2019 � ��aritable activities 1�011�039	Restri�ted funds �0�0 � 288�0�0 Restricted funds 2019 � �39��2� �u��ort �osts �0�0 � 1�3�8�1 Support costs 2019 � 1�1��	�otal funds �0�0 � 663��83
		Total funds 2019 � 1�1�2��0�
		�otal funds �0�0 � 663��83
		Total funds 2019 � 1�1�2��0�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

8� �nalysis of e��enditure by a�ti�ities (�ontinued�

�nalysis of dire�t �osts

Staff costs �ourses accomodation� music Insurance Travelling e�penses �dvertising� �ebsite� promotion and printing �egal and professional �onsulting and training �ffice costs �an� c�arges Staff costs �ourses accomodation� music Insurance Travelling e�penses �dvertising� �ebsite� promotion and printing �egal and professional �onsulting and training �ffice costs �an� c�arges	Charitable a�ti�ities �0�0 � 22��9�1 201��3� 12�019 12�803 19�9�� 3��3 2�8�9 3��33 2�023 �20�112 ��aritable activities 2019 � 2��2�9 �2��80� 8�8�0 3��0 22�321 9�329 9��8� �1�0�8 10�2�3 1�011�039	�otal funds �0�0 � ��1 �01��36 1��01� 1��803 1��5 3�5�3 ��86� 3��533 ��0�3
		5�0�11�
		Total funds 2019 � 2��2�9 �2��80� 8�8�0 3��0 22�321 9�329 9��8� �1�0�8 10�2�3
		1�011�039

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

8� �nalysis of e��enditure by a�ti�ities (�ontinued�

�nalysis of su��ort �osts

Staff costs �egal and professional fees Rent and rates �ffice costs Trustee costs �epreciation Staff costs �egal and professional fees Rent and rates �ffice costs Trustee costs �epreciation	Charitable a�ti�ities �0�0 � 9��8�� 10�� 1��828 2�318 318 19�01� 1�3�8�1 ��aritable activities 2019 � 99��8� 9��23 22�8�� 2�0�9 219 1��313 1�1��	�otal funds �0�0 � �6�8�� 10�5�� 1��8�8 ��318 318 1��016
		1�3�8�1
		Total funds 2019 � 99��8� 9��23 22�8�� 2�0�9 219 1��313
		1�1��

3�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

�� uditor�s remuneration

	�0�0	2019
	�	�
�ees pa�able to t�e compan�'s auditor for t�e audit of t�e compan�'s
annual accounts	5�350	��300
�ees pa�able to t�e compan�'s auditor in respect of�
�t�er services	1�000	1�000

10� �taff �osts

�ages and salaries Social securit� costs �t�er pension costs	�0�0 � 360��8 3��88 10��1� �03��33	2019 � 3�8�192 33��9� 9�033

		�20�921

T�e average number of persons emplo�ed b� t�e compan� during t�e �ear �as as follo�s�

�verage no� of emplo�ees T�e average �eadcount e�pressed as full-time e�uivalents �as� Staff	�0�0 No� 11 �0�0 No� 8	2019 �o� 13
		2019 �o� 8

3�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

10� �taff �osts (�ontinued�

T�e number of emplo�ees ��ose emplo�ee benefits �e�cluding emplo�er pension costs� e�ceeded ��0�000 �as�

In t�e band ��0�001 - ��0�000

�0�0	2019
No�	�o�
1	1

�ey management �ersonnel

�e� management personnel are deemed to be t�ose �aving aut�orit� and responsibilit�� delegated to t�em b� t�e trustees for planning� directing and controlling t�e activities of t�e c�arit�� uring 2019�20 t�e� �ere�

�irector - �en Parr�

�irector - Robert �olbert

��ief ��ecutive - �nne �esford

�eneral �anager - �ar� �n�an

T�e total emplo�ee benefits of t�e �e� management personnel of t�e c�arit� �ere �22��8� �2019� �1��2��

�rustees� remuneration and e��enses

�o trustees received an� remuneration during t�e current or prior �ear�

�uring t�e �ear� t�o trustees �2019� one trustee� received reimbursed e�penses of �318 �2019� �219� in respect of travel and subsistence costs�

3�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

11� �ntangible assets

Cost �t 1 �ctober 2019 �dditions �isposals �t 30 September 2020 �mortisation �t 1 �ctober 2019 ��arge for t�e �ear �n disposals �t 30 September 2020 Net boo� �alue �t 30 September 2020 �t 30 September 2019	�oft�are � �1�686 810 � ��6 �1��10 18��58 � 3��668 5��8�8 �0��	�ebsite � 18��0 � (18��0� � 18��0 � (18��0� � � -	�otal � 110��06 810 (18��0� ��6 3��30 18��58 (18��0� 3��668 5��8�8 �0��

3�

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

1�� �angible fi�ed assets Cost or �aluation �t 1 �ctober 2019 �t 30 September 2020 �e�re�iation �t 1 �ctober 2019 ��arge for t�e �ear �t 30 September 2020 Net boo� �alue �t 30 September 2020 �t 30 September 2019 13� �i�ed asset in�estments Cost or �aluation �dditions Revaluations �t 30 �e�tember �0�0 Net boo� �alue �t 30 �e�tember �0�0	�ffi�e e�ui�ment � 15�11�
	15�11�
	11��6 558
	1��00�
	3�115
	3��3
	�nlisted in�estments � �00�000 16�530
	�16�530
	�16�530

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

1�� ebtors

Trade debtors Prepa�ments and accrued income Creditors: �mounts falling due �ithin one year Trade creditors �t�er creditors �ccruals and deferred income �eferred income at 1 �ctober 2019 Resources deferred during t�e �ear �mounts released from previous periods	�0�0 � 1��1� ��005 10�� �0�0 � ��31� �1�� 168�833 1�� �0�0 � �1�6�0 13��311 (�1�6�0� 13��311	2019 � 11�3�� �2��3 8��130 2019 � �2��9 2��2�3 102�88� 182�839 2019 � �9�3�1 91��90 ��9�3�1� 91��90

15� Creditors: �mounts falling due �ithin one year

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

16� �tatement of funds

�tatement of funds � �urrent year

�nrestri�ted funds �esignated funds �eneral contingenc� � budget �R� � �PI pro�ect �ontingenc� - ne� programme General funds �eneral funds �otal �nrestri�ted funds Restri�ted funds �ounder's Sc�olars�ip �und �rts �ouncil �ngland �illian �ic�inson Trust T�e �ever�ulme �oundation Peter So�erb� �oundation PRS �oundation �t�er small grants and donations	Balan�e at 1 ��tober �01� � 3��50 �0��6 30�000 ��5��6 80�1�8 555�5�� 106�� � � � � � �	�n�ome � � � � � �1��55� �1��55� � 108�016 10�000 35�0�0 16�333 10�000 108�6�1	��enditure � � (18��58� � (18��58� (��6�� (�6��3�� � (108�016� (10�000� (35�0�0� (16�333� (10�000� (108�6�1�	�ransfers in�out � �5�050 810 (30�000� (��1�0� ��1�0 � � � � � � � �	Gains� (�osses� � � � � � 16�530 16�530 � � � � � � �	Balan�e at 30 �e�tember �0�0 � �00�000 5��8�8 �
						�5��8�8
						�3�8�8
						5�6��6
						106�� � � � � � �

�0

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

16� �tatement of funds (�ontinued�

�tatement of funds � �urrent year (�ontinued�

�otal of funds	Balan�e at 1 ��tober �01� � 106�� 66��3�3	�n�ome � �88�060 �0��61�	��enditure � (�88�060� (�5��	�ransfers in�out � � �	Gains� (�osses� � � 16�530	Balan�e at 30 �e�tember �0�0 �
						106��
						633��5

T�e �R� � �PI fund �as been designated b� t�e trustees to represent t�e amount tied up in intangible assets� and conse�uentl� a transfer �as been made from general funds representing additions in t�e �ear� �mortisation �as been c�arged against t�e fund�

In 2018 t�e trustees designated �30�000 to provide a contingenc� reserve to support t�e potential additional costs of introducing a ne� �nnual Programme for t�e �ational �out� ��oir� T�is ne� programme �as no� been successfull� embedded and t�e trustees agree t�at t�is designated fund ma� be released�

�1

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

16� �tatement of funds (�ontinued�

�tatement of funds � �rior year

�nrestri�ted funds �esignated funds �eneral contingenc� � budget �R� � �PI pro�ect �ontingenc� - ne� programme General funds �eneral funds �otal �nrestri�ted funds Restri�ted funds �ounder's Sc�olars�ip �und �rts �ouncil �ngland �illian �ic�inson Trust T�e �ever�ulme �oundation Ro�al �lbert �all Peter So�erb� �oundation �arfield �eston �oundation PRS �oundation �t�er small grants and donations �otal of funds	�alance at 1 �ctober 2018 � 3��9�0 21�390 30�000 �2��3�0 ��922 �91�2�2 10��9 - - - - - - - - 10��9 �98�011	Income � - - - - 8��93� 8��93� - 10��000 ��000 3��20 3��000 1��333 30�000 2��0 123��2� �39��2� 1�30��3��	��penditure � - �38�1�� - �38�1�� ��3��80� �801��2�� - �10��000� ��000� �3��20� �3��000� �1��333� �30�000� �2��0� �123��2�� ��39��2�� �1�2�1�0�2�	Transfers in�out � - 8��231 - 8��231 �8��231� - - - - - - - - - - - -	�alance at 30 September 2019 � 3��9�0 �0�� 30�000
					��2�
					80�1�8
					��
					10��9 - - - - - - - -
					10��9
					��2�323

�2

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

1�� nalysis of net assets bet�een funds

�nalysis of net assets bet�een funds � �urrent �eriod

�nrestri�ted funds �0�0 � Tangible fi�ed assets 3�11� Intangible fi�ed assets �2�828 �i�ed asset investments 109��81 �urrent assets ��9�� �reditors due �it�in one �ear �19��9�2� �otal �2��2�	Restri�ted funds �0�0 � - - 10��9 - - 10��9	�otal funds �0�0 � 3�115 5��8�8 �16�530 555�� (1�� 633��5

�nalysis of net assets bet�een funds � �rior �eriod

Tangible fi�ed assets Intangible fi�ed assets �urrent assets �reditors due �it�in one �ear �otal	�nrestricted funds 2019 � 3��3 �0�� ��2�� �182�839� ��	Restricted funds 2019 � - - 10��9 - 10��9	Total funds 2019 � 3��3 �0�� ��1�013 �182�839� ��2�323

�3

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National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

18� Re�on�iliation of net mo�ement in funds to net �ash flo� from o�erating a�ti�ities

�et income�e�penditure for t�e period �as per Statement �ctivities� �d�ustments for: �epreciation c�arges �mortisation c�arges ��ains��losses on investments �ecrease in stoc�s Increase in debtors Increase in creditors Net �ash �ro�ided by�(used in� o�erating a�ti�ities 1�� �nalysis of �ash and �ash e�ui�alents �as� in �and �otal �ash and �ash e�ui�alents �0� �nalysis of �hanges in net debt �as� at ban� and in �and	of �inancial �t 1 ��tober �01� � 685�8�� 685�8��	�0�0 � (�8�8�8� 558 18��58 (16�530� �86 (�0�� 1��103 (33�56�� �0�0 � �51�5�0 �51�5�0 Cash flo�s � (�3��3�� (�3��3��	2019 � ��312 ��8 1�� - 9�0 �18�8�0� 2��183 8��928 2019 � �8��89� �8��89� �t 30 �e�tember �0�0 � �51�5�0 �51�5�0

��

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Notes to the finan�ial statements Year ended 30 �e�tember �0�0

�1� �ension �ommitments

T�e compan� operates a defined contribution pension sc�eme� T�e assets of t�e sc�eme are �eld separatel� from t�ose of t�e compan� in an independentl� administered fund� T�e pension cost c�arge represents contributions pa�able b� t�e compan� to t�e fund and amounted to ��0 �2019� �8�9� �ere pa�able to t�e fund at t�e balance s�eet date and are included in creditors�

�� Related �arty transa�tions

T�ere �ere no related part� transactions in t�e current or prior �ear�

�3� �ost balan�e sheet e�ents

In �ctober� t�e c�arit� �eard t�at it �ad been successfull� a�arded a grant of �1�0�000 from t�e �ulture Recover� �und to support its financial position follo�ing t�e �ovid-19 pandemic in t�e period �ctober 2020 to �arc� 2021� �n amount of �1�3�000 �as received in �ovember 2020� �it� t�e balance of �1��000 receivable in �pril 2021�

��

National Youth Choirs of Great Britain

�nnual re�ort

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Contents

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Referen�e and administrati�e details Year ended 30 �e�tember �0�0

�rustees

Com�any registered number

Charity registered number

Registered offi�e

�ey management team

�nde�endent auditor

National Youth Choirs of Great Britain

Referen�e and administrati�e details (�ontinued� Year ended 30 �e�tember �0�0

Ban�ers

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort Year ended 30 �e�tember �0�0

�b�e�ti�es and ��ti�ities

�b�e�ti�es

��ti�ities for a�hie�ing ob�e�ti�es

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

��ti�ities underta�en for �ubli� benefit

���ess and finan�ial assistan�e

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

��hie�ements and �erforman�e

Re�ie� of a�ti�ities

Auditions

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

Courses and Training

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

Per�or�an�es� Co��issions and �e�ordings

�earning and �ngage�ent

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

Pro�essiona� su��ort and de�e�o��ent

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

���a�t � C�anging �i�es

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

�rin�i�al sour�es of funding

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

Gold �riends

�il�er �riends

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

�inan�ial re�ie�

�inan�ial �osition

Reser�es �oli�y

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

Going �on�ern

�inan�ial ris� management ob�e�ti�es and �oli�ies

�lans for future �eriods

National Youth Choirs of Great Britain

(� �om�any limited by guarantee�

�rustees� re�ort (�ontinued� Year ended 30 �e�tember �0�0

Courses� Training and Pro�essiona� �e�e�o��ent

Per�or�an�es� Co��issions and �e�ordings

��ess and finan�ial assistan�e

��a�t � C�anging �i�es

�rofessor Christo�her �ran�is �iggins (�R�� ed��i �R�� Chair

�nne �allo�ell B�� C� �Ch� (�enior �tatutory �uditor� for and on behalf of �N� �� tatutory �uditor

1� ��ounting �oli�ies

1�� n�ome

1� ��ounting �oli�ies (�ontinued�

1�5 ��enditure

1�� angible fi�ed assets and de�re�iation

1�� to��s

1� ��ounting �oli�ies (�ontinued�