2025-09-30-accounts

Registered number: 01850803 Charity number.. 515660 National Youth Choirs of Great Britain (A company limited by guarantee) Annual report 30 September 2025

National Youth Choirs of Great Britain {A company limited by guarantee} Contents Page Reference and administrabve detsils Trustees, report 2-14 Trustees, responsibilities statement 15 Independent 2udilorfs report 16-19 Statement of financial activities 20 B218nee sheet 21 statement of cash flows 22 Notes lo the financial statements 23-41

National Youth Choirs of Great Britsin {A company limited by guarantee) Reference and administrative details Year ended 30 September 2025 Trustees David Andrew Roper Rebecca Helen Driver (resigned 13 February 2025) James Simon Olley Michael John Strutt Georgina Alison Robb Gregor Stanley Walson Margaret O'She8 Gillian Frances Hillier Siu-wai Ng Thomas James Shahani-Tuckwell (appointed 13 February 20251 Tamsin Verity Anderson lappoinled 13 February 20251 Company regISte￿d number 01850803 Charity registered number 515660 Registered office Ushaw Historic House, Chapel and Gardens Woodland Road Durham DH7 9RH Key management team Anne Besford, Chief Executive Lucy Hollins, Creative Director Mark Anyan, General Manager Independent audltor UNW LLP Chartered Accounlanls Citygale St James. Boulevard Newcastle upon Tyne NE14JE Bankers 8a￿layS Bank plc Holmfirth Huddersfield HD9 2DW Page 1

National Youth Choirs of Great Britain IA company limited by guaranteè) Trustees, report Year ended 30 September 2025 The Iruslees present their annual report together with the audited financial slalemenls of the company for the year 1 October 2024 10 30 September 2025. The Annual report serves the purposes of both a Iruslees, report and a directors. report under company law. The trustees conlirm that the Annual report and financial slalemenls of the charitable company comply with the current slalulory requirements, the requirements of thè charitable company's governing document and the provisions of the Statement of Recommended Practice ISORP} applicable lo charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102). Since the company qualifies as small under section 382 of the Companies Act 2006, the strat￿1¢ report required of medium and large companies under the Companies Act 20(% (Strategic Report and Oireclors, Report) Regulation5 2013 has been omitted. Objectives and Activities Objectives More than just a ehoir.. we are a community with a slmred passion for singing and the lrfe-changing opportunities It ean offer. Our vision: Through e￿Ilence in singing. creating music, training and support. we help young people develop the Confiden￿ and skills lo realise their grealesl potenb'al. The National Youth Choir is the place lo come lo for all aspiring singers who want lo be inspired, slrelched. challenged and nurtured. We want lo be a household name, which young people nalionwKle who love singing together aspire lo join, from the widest range of backgrounds. Our mlssion: Nurturing lalenl, reaching new audiences and inspiring new ambitions. Our mission is lo build a nurturing nab'onwide community where young people can explore a diverse range of music, enjoy singing together and shafe their creativity. We champion the wwer ol singing. opening up opportunities so that more young people from all walks of life can find and use their voice. To achieve our mission we are.. Striving for excellence in everything we do. deltvering inspiring. ambitious and relevant creative 2nd learning programmes with young people al their heart. Expanding our reach, opening up opportunities for young singers and emerging professionals from all backgrounds across the UK lo develop their lalenl and polenlial. Raising the publi¢ profile of National Youth Choir, our purpose. values, and the impact of singing, increasing awareness and engagement. Developing organisational resllience, ensuring we have resources, capacity and structures lo achieve ambitions and show our impact. Activities for achieving objectlves Founded in the North ol England in 1983. Nab"onal Youth Choirs of Great Britain Ilrading as National Youth Choir) has evolved from 2 single choir of 100 outstanding young singers lo become a nationwide community and ch8mpion lor youth singing. standing for a￿"stiC excellen￿, ereatsve diversity, and openness and relevance lo all. We are drwen by the passionate belief that all children and young people, regardless of individual circumstance, should be able to make music with othefs. Each one of them should have the opportunity and support lo discover and explore their musical potential, achieving excellence at the hohesl levels. Page 2

National Youth Choirs of Great Britain IA company limited by guarantee} Trustees. report (continued Year ended 30 September 2025 Over the last decade, the National Youth Choir has been on a Iransformalional journey, pulling young people right al the heart of our commijnity. We have expanded our profile, national reach, educational and creative programmes, and created new pathways in music progression for young people and aspiring professionals. We have taken direct action lo be MO￿ representative and inclusive, delivering against ambitious aims lo open up access and achieve life<hanging musical and personal impact for more young people from a wider range of backgrounds. Our creative and learning prog¥amme now comprises four interconnected strands.. l. Education.. National Cholrs Offering over 1,000 of the country's most talented singers aged g to 25 mUs￿al. personal and educational development through intensive residential and online rehearsals 2nd specialist training with professional condu¢lors, musicianship 2nd vocal coaches and guest artists as part of INJr pathway of national choirs. These choirs are Nation81 Youth Choir 118-25 Years) lincorporaling our elile chamber choir National Youth Voices)., National Youth Choir115-18 Years) and Nvo ensembles under our National Youth Choir19-15 Years) umbrella, split by gender and voice part. 11. Perfomiance A unique programme of opportunities for participants to Create and share music wth audiences through a range of creative outputs.. live cOn￿rtS,. broadcasts., festivals.. special even15,' digital recordings and music videos. This includes co-crealing and performing new works from a range of leading and emergin9 composers. We continue to grow exciting partnerships and collaborations. bringing our muse lo wider aUdIen￿S millions of people nationally and internationally. 111. Pathways Open access opportunities for young people to be inspired by singing together, di￿0Ve￿ng and progressing their vocal lalenl through joined up regional and national pathways. with a particulai focus on engag1￿ young people in areas of higher deprivation and with access lo fewer creative opportunities. Engaging thousands of participants each year, this programme comprises strategic partnerships ineluding our growing SINGI inilialive. We aim to reach more young people from a wtder range of backgrounds and to create more sustainable singing opportunities in largeled priority areas. IV. EmergiTng Professionals Training programmes supporting ex(*ptionalty tslented young Ch(￿al musicians, leaders and composers particularly those under-represented in the sector - to develop sustainable music careers. Between 8 and 12 emerging professional musicians are supported each year through our Fellowship. Young Composers and new Young Conductors schemes, developing skills and creative practice. creating new work and growing their professional profile and netsvorks. Supporting young people and equipping them with the tools and eXperIen￿S lo fulfil their polenlial musically, educalion211y and socially is al the heart of all our work. We aim lo lead the way in choral music, developing accessible creative and leaming approaches and ambitious, diverse and represen12tive programming, which will inspire, challenge and engage many more young FEople from all backgrounds and al all stages of their development. Programmes are young people-cenlred and inclusive, televanl to 2nd informed by young people themselves. who we value and empower as co-crealors. Nats'onal Youth Choir has an agreed strategic plan for the peric%J 2022 10 2027 selling out our organisalional vision, values and strategy. Our agreed aims and objectives are delwered by a dedicated core staffing team, together with a pwl of over 140 freelance creative. pastoral and project management speoalisls. National Youth Choir is 2 National Portfolio Organisalion and National Youth Music Organisalion supported by Arts Council England, wth current annual funding for the period April 2025 to March 2026 lotslling £109,756 per year. Page 3

National Youth Choirs of Great Britsin {A company limited by guarantee) Trustees, report {continued) Year ended 30 September 2025 Attivities undertaken for public benefit The Iruslees confirm that they have referred to the Charity Commission's guidan￿ on public benefit when reviewing the charity's aims and objectives in planning future aclivilies. Achievements and performance Review of activities Throughout the year, Nation81 Youth Choif has been working to delwer against our ambitions lo grow our nalional community, becoming even more elfeclive, relevant and impactlul lor young people from the widest range of backgrounds. We are building on strong creative and operalK)nal foundations as we implement our fwe- year strategic plan 2022-2027. Auditions We recruit widely for our national choirs. auditioning young people from across the UK to identify musical potential and passion for singing. Through our open, online auditions programme we saw 646 candidates across 32 days a 4.10 inc¥ease. With the aim of removing barriers and making our auditions process more accessible particularly for young people in slate educab"on, we expanded largeled audition workshops, seeing a further 124 candidates. Through our work lo address access and awareness, we continue to see progress 2ddres8ing issues of under-represenlalion. For example. 25.9% of candidates were from Black, Asian or other ethnically diverse backgrounds, up from 16% in 2020. Residentials and Training We delivered another busy programme of ￿hearsal, training and progression opportunities. including an annual programme ol four projects for the flagship National Youth Choir118-25 years). 9 residential courses for our 9-18 choirs, and concerts in venues natiOnW￿e. In lolal we recorded 1,131 partieipanls in membership activities across the year. a 12% increase on the previous year. Highlights included bringing together members from acTOSS National Youth Choir 19-15 Years) for a joint performan￿ in spring at Warwick Arts Centre and a Joint residenlk81 in summer al Uppingham School. This further developed opportunities for participants of all Vol￿ types lo collaborate musically and socially. We also welcomed new Piincipal Conductor Lynsey Callaghan and a new conducting team. National Youth Choir115-18 Years) worked with three exciting guest conductors Neil Ferris, Mariana Rosas and Ellie Slorach, providing choir members with the Chan￿ lo explore a wde range of repertoire and cultural influences. Lastly, National Youth Choir 118-25 Years) had the once in a lifetime opportunity lo tour lo South Africa, where they spent 10 days collaborating and performing with Cape Town Philhamionic Orchestra, Fezeka High School Choir, Cape Town Camerala and Stellenbosch University Choir. This included the first performance in 40 years of Walton's Belshazzar's Feast on the African Conlinenl to a sell out audience at ca￿ Town City Hall. AcfOSS the year 208 &livity sessions were delivered across 75 days by over 140 creative, pastoral ancl management specialists. National Youth Choir has remained commilled lo ensuring a diverse balan￿ of rnusical programming and has continued lo champion music (x)mposed 01 arranged by artists who have hisloricalty been under-represented in the choral music sector. Through member forums and discussions, we encourage oui young people to explore the wider context of choral music and deepen their understanding beyond the notes on the page. We publish our repertoire annually and curate playlists so that other organisalions can explore and lake inspiration. Page 4

National Youth Choirs of Great Britain IA company limited by guarantee) Trustees. report (continued) Year ended 30 September 2025 Performances, Commissions and Recordings During 2024-25 we continued lo deliver live and digital perf0mlan￿. showcasing the bre2dlh and brilliance of the national choirs and their work lo national and International aUdien￿S. The National Youth Choirs performed in 50 live concerts in 2024-25, to a total audience of 112,000. This included concerts and showcases al the end of residenlials (Saffron Walden, Watwick, Coventry, Nollingham, Manchester, and Hereford). as well as collaborations with partners for commercial events like Avatar Live. Members of the National Youth Choir118-25 Years} and National Youth Voices were Ihiilled lo perform al three BBC Proms in the summer. alongside Joe Hisaishi and the Royal Philharmonic Orchestra. Ilan Volkov and the BBC Scollish Symphony Orchestra and - most excitingly al the iconic Last Night ol the Proms celebrating the 50th anniversary of Bohemian Rhaps(xly alongside Brian May and Roger Taylorl Digital content across our online platforms reaches a wide intemaitonal audien￿ each year. In 2024-25 this included 20 audio and 8 video tracks, with new music from the last (welve months receiving over 54,000 slreamslviews. Across our full catalogue, streams 2f7d views reached 2.8 million people from 182 counlries175Q of the countrieslleriilories Spotify is available inl. National Youth Choir performances were broadcast across Classie FM, Magic Classical, BBC Radio 3. and BBC 1. Video conlenl of Bring Me A Little Water Silvy performed by 330 members of our 9-15 choir was shared on socials by ClassicFM and went viral, reaching over 1.3 million viewers. National Youth Choir continues to commission and create innovative new choral music by, for and with young people, challenging perceptions of what choral music can be. Our commissions in 2025 were.. 'I'm Here, by Roderick Williams- a richly textured piece for National Youth Choir118-25 Years) inspired by the choirfs own reflections on Iravelling to South Afn"ca and their eXperIen￿S of singing together. The piece premiered al the Three Choirs Festival. 'The Cloud, by Sarah Quartel- a piece specificalty composed for the mixed vol￿S of the National Youth Choir19-15 years) and premiered al Coventry Cathedral. 'To the Moon. by 2024 graduate Young Composer M'ne Mallon- premiered in Saffron Walden by the National Youth Choir11&18 years) 8 new pieces by our Young Composers 2025. to be released in January 2026. Pathways Through our national work with schools and communities we aim to inspire more young people from a wider range of backgrounds to discover and develop their voice, challenging the current inequality of opportunities for high-quality singing in stale education. We work with partners including schools, Music Hubs and music organisalions lo understand barriers and challenges for young people and lo create inclusive singing programmes and progression pathways that meet local needs. Al opportunities are free al the point of access for young participants. In ils third year, we expanded SINGI 10 5 areas where young people face barriers to taking p2rt in high-quality singing activities. This is a proactive. affirming pathway lo support young people aged 9-14 to develop their singing, grow skills and Confiden￿ and pursue their passion. Through a series of fun, accessible and welcoming workshop days over three terms. participants explore a variety of new styles of music and approaches lo singing with a team of expert vocal leaders from National Youth Choir. 285 indivKlual young people look part in SINGI activities, across programmes in the North East. North Wesl. Nottinghamshire, Wesl Midlands and with Ark Schools. Participants reported increased confiden￿, a sense of ￿hIeveMent and new musical skills and interests and we supported 19 to tske up a pla￿ in our national choirs. Wider Pathways activities have included partnership projects and one-off workshops and CPD opportunities. Across the whole programme we engaged and inspired 2,379 young people, lamily groups, teachers and music leaders. In addition, 1,133 audien￿ members aitended showcase events to celebrate participants, achievements. We were also delighted lo continue to offer opportunibes for 18 young people, including national choir members. lo develop peer leadership skills through volunteering to SUPFM)rt regional learning aclivilies. Page 5

National Youth Choirs of Great Britain IA company limited by guarantee} Trustees. report (continued) Year ended 30 Septembor 2025 Professional support and development National Youth Choir takes a leading role in shaping the future of the sector by supporting the professional development of emerging choral musicians. We nurture talent from the widest diversity of backgrounds so that choral music is vibrant. innovatNe and relevant. In 2025 we delivered our Emerging Professional Artisls programme. comprising the Fellowship training programme, Young Composers scheme and Young Conductors programme. We SUPF)Orted ten early career professionals from diverse cultural, geographical and musical backgrounds, through hybrid programmes of online and in-peison training and mentorship by leading representstives from the choral and wider music sector. This included industry workshops by Sleinberg (Dorieo software). publishers Stainer and Bell, industry body AOTOS and creative retreats suptK)rted by 8lltten Pears Arts. The trainee cohort participated in live. recorded and broadcast perfomiances and paid opportunities lo work on National Youth Choir aclivilies. They continued to play a central role in supporting our wmmilment lo new music, undertaking creative collaborations to create and perfomi eight new pieces by the Young Composers lo be released on an album by NMC Recordings in January 2026. Access and financial assistsnce National Youth Choir believes that all young people should have the OPFKSrtunity lo sing. and that aC￿sS lo membership of the national choirs should be on the basis of musical tK)lenlial and passion. No young person should be prevented from taking part in our programmes tecause of their financial Circumstan￿S. All fees lo take part in National Youth Choir activities are subsidised by around a third and we actively and visibly promote the availability of generous financial assistance for young teople from lower-income families to support the cost of audition and residential course fee5, travel expenses. tickets and other costs. We continue to see a growth in demand for financial assistance awards. In 2013-14 we assisted 115 young people with 126 awards., in 2024-25 this has increased lo 318 awards made to 193 recipients The lolal direct value of these awards was £269,202. Of this amount, £64,554. related to exceptional additional support for members of the 18-25 choir lo lake part in the inlemalional lour. The additional support was funded through a grant of £5,000 from the Walton Trust and use of £59.554 from our reslricled Founder's Fund. Comparin9 'standard' awards. these saw an increase of 44Qkn on the previous year, on the basis that we introduced enhan￿d levels of supw)rt for participants coming Ihiough our SINGI programme. Financial assistsnce provided essential supwrt fo¥ one in five of our membership and was equNalenl lo 18.6% of gross course fees. With the ongoing effects of high inflation and cost of living pressures. we continue to plan lor the need to remove financial barriers for more young singers. In 2022-23 we reviewed the level of support given within each income band and in 2024-25 we introduced additional 'lop-up' support for those participants who had taken part and successfully auditioned through our SINGI programme. Inclusion and Representation National Youth Choir is committed to building an inelustve, representative and welcoming community and lo ensuring that young people from all backgrounds are able to participate in ensemble singing and musical experiences of the highest quality. We have an important, seclor-leading role to play as a champion of inclusive practi￿, influencing wider change in choral music and addressing s￿181 injustice. We are Commilled over the long term lo realise change within the sector. The CLfrrenl priorities in our Equality, Diversity and Indusion 2Ction plan are tr) continue work lo= become more inclusive and represenlalive. create and promote a culture of belonging wthin the organisation and the wider music seetor,. be more relevant lo young people", and champion best practice so that anyone who wants to be part of the choral music sector is encouraged and supported lo maximise their true wlenlial. Page 6

National Youth Choirs of Great Britain {A company limited by guarantee} Trustees. report (continued) Year ended 30 September 2025 To deliver against these Priorities this yeaf, we have.. Embedded the new joint opportunities within National Youth Choir19-15 Years) and continued lo evolve member evaluation., Expanded our free targeted workshop auditions for young people in stale education, and fundraised to make all auditions free from 2025-26., Continued to grow our SINGI programmes in five areas where there are fewer singing OPPOrtunilies'. Substantially increased financial assistance lo offer more suptx)rt to th0￿ who need il most, including lop- up support for young people coming through our Pathways programmes,. Embedded inclusive rectuilmenl practI￿S for NatiOf7al Youth Choir staff and training opportunities, including introducing a specilic strand of the EPA schenE for conductors from global majority backgrounds," Appointed new trustees. induding bringing lived experience of disabilty and neurodiversity onto the board", Participated in national partnerships. conversations and netsvorks lo share inclusive practi￿S and identify opportunities forjoinl-woiking. Impact- Changing Lives Young people are supported lo realise Iheir highest ambth.ons in singing with the National Youth Choir. No maller what their background or future ambitions. every singer is emFX)wered lo make a unique contribution to our community and walk away with a life-changing experience. We firmly believe that the benefits of singing extend far beyond the development of musical expertise. As young people continue lo face incredibly challenging b'mes and fewer opportunit*s to engage with music al school, singing with us can be life<hanging. It supports the growth of skills and allributes including confidence. aspiration, teamwork, communication and leadership skills. as well as impioving health and wellbeing. We enable young people lo go out into the wortd as confident. bright, engaged and empowered individuals valuable additions to any organisalion or community. whether connected to music or not. The feedback we receive trom our beneficianes, partners. Stakeholde￿ and alumni provides overwhelming eviden￿ of these many benefits. Members in 2025 reported an average score of 8.8110 for enjoyment ol our programmes and 8.8110 for feeling a sense of tElonging to the National Youth Choir community. 680K said that taking part had significantly improved their musical skills and abilrties, and 91% said that il had positively impacted on their happiness and wellbeing. We galhef a range of qualilalive feedback from participants and staff, which add depth lo these metrics. This is reviewed regularfy and shared with stakeholders and publicly in our impact report. Principal sources of funding National Youth Choir fundraises from public and private sources by making funding applications lo trusts, foundations and public bodies, running public campaigns and regular giving schemes. and soliciting corporate, individual, and legacy donations. National Youth Choirfs fundraising is carried out by a specialist in-house development team employed directly by the organisation. wth support from other staff members and a small number of volunteers. National Youth Choir 15 registered with the Fundraising Regulator and 811 fundraising activities comply with the Code of Fundraising Practice. We are open and transparent in our fundraising communications and Ireal donors and supporters fairly and elhicalty, following best practice in cuttivaling new supporter relationships. We process personal data in accordan￿ with UK Data Protection law and clearly sel out how we use personal data in our Privacy Policy, which is reviewed annually. During 2024-25 National Youth Choir did not re￿1ve any complaints relating lo our fundraising aclivilies. Page 7

National Youth Choirs of Great Britain (A company limited by guarantee) Trustees. report {continued) Year ended 30 September 2025 The trustees are very grateful lo all our funders who have supported the National Youth Choir this year and cord their particular thanks lo major supporters.. Arts Council England and the Department foT Education,. ACE National Lollery Project Fund", The Leverhulme Trust.. Peter Sowerby Foundation", Gillian Dickinson Trust., John S Cohen Foundation and CHK Foundation. We are also pleased lo recognise successful ongoing corporate partnerships with the Associated Board of the Royal Schools of Music IABRSMI. Slainer & Bell and Sleinberg Media Technologies (Doricol. National Youth Choir was successful in secunng a range of grants from further regional and national trusts and foundations and the Iruslees wish to pay thanks lo". The Alice Ellen Cooper Dean Charitsble Trust , Andor Charitable Twsl, Arts Council England, Bagheera Trust, CHK Foundation. Community Foundation North East. t)oris Field Charitable Trust, Fenton Arts Trust, Finn Family Fund, Frazer Trust, Garfield Weston Foundation. Gartick Charitsble Trust. Hadrian Trust, Idlewild Trust, Kathleen Beryl Sleigh Charitsble Tnjst. Leverhulme Trust. Lord and Lady Lurgan Trust. Misse5 Barrie Charitable Trust, Peter Soweiby Foundation. Roger and Sarah Bancroft Clark Charitable Trust. Scarfe Charitable Trust, Scops Arts Trust, Sophie's Silver Lining Fund, The Alice Ellen Cooper Dean Charitable Foundation, The Beeding Foundation, The Belslead Ganzoni Charitable Settlement. The Big Give Trust. The Blylh Walson Charitable Trust, The Edward and Dorothy Cadbury Tnjsl. The Elmley FoundatKJn. The Emily Fund, The Floren￿ Turner Trust, The Gillian Dickinson Trust, The HR Taylor Charitable Trust, The J & S Asquith Charitable TrLJsI. The Jack Lane Charitable Trust, The John James Bristol Foundation. The John Thaw Foundation, The Mulberry Trust, The Paul Bassham Charitable Trust, The Payne-Galiwey Charitable Tnjsl, The Samuel Gardner Mèmorial Trust, The Simon Gibson Charitable TrusL The Sylvia and Colin Shepherd Charitable Trust, The D'oy￿ Carte Charitsble Trust. Vaughan Williams FOUndat￿n. Verontca Awdry Charitable Tnjst. W. E. Dunn Charitable Trust. Valuable in-kind support was provided during the year ty a number of our partners, including Brillen Pears Arts Iyoung Composers, residential relreatsl." NMC Recordings (production of Young Composers album),. ABRSM (free use of their space)," Slainer & Bell {mentoring and publishing support) and Sleinberg Media TeChnOl(￿leS (free Dorico So￿are and Ifainingl. In December 2024 and March 2025, National Youth Choir look part in Big Give Challenges raising funds lo support fin8nci21 assistance reeipienls and Ouf Sing! programme. Over 200 people generously donated just over £35,000, and we would like lo thank them and our hvo match funders The Big Give Trust arid The Emily Fund who m21ched donations £ for £. The Injstees would like to extend their gralrtude to all the followng rEople who most generously donated their lime or money to National Youth Choir in 2024-25. We would also like to thank all our kind supporters and funders who have chosen lo remain anonymous. Benefactor Supporters: The Emily Fund Impresario Supporters. Michael Bass. Mr anij Mrs D von Preyss. David Roper, The Bagheera Trust Fortissimo Friends.. Lady Hilary Browne-wilkinson, Kiefan Cooper. Prof. Christopher Higgins Forte Friends: The J&S Asquith Charitable Trust. The Hillief Family. Mr & Mrs Holl, Paul & Susan Mccreesh, Ben Parry, Garth & Lucy Pollard, Bob & Camilla ReKI, Michael & Tina Strutt Mezzo Forte Friends: Dr Elizabeth Baigenl, Bryony Coapes, Kale Davies, The Delap Family, Katherine Douglas, The Dunn Family, Andrew Evans. Andy Farris, Julian Forbes, Mr & Mrs Foulkes. The GraftonlLilherland Family. Scott & Simone Green, Christian Grobel, Dominic & Sophie Jones, The Kalra Family, The Kilpalrick Family, Samara Kirapaty. Felix Leach, The Marklew Family, Geoff & Jean Mounlfield, Janel Reid, Dr. Alan Renwiek. Michael Seeney, Carde Vamey, Katey Wood, Mike Wright, Fiona Yeomans Alumnl Champions Committee- Tom Appleton., Hannah Berridge,. Liz Bingham Inée Hurranl., Charlotle Brosnan., Jessica Coapes.. Charlotte Dougan Inée Mobbsl., Andy Farris (Relired in 20251., Anna George (née Tonkin},' Lizzie Hogarth- Chair,. De￿1 Lewis IReb"red in 2025). Kale Smith., Georgia Slryder (Retired in 20251,. Amy Thompson- Anna von Preyss Campaign Committee- Angela Au., Helen Kihmm von-Preyss", David Roper., Greg Walson-, Phillippe Busslinger,. Thomas Shahani Tuckwell,. Michael Bass", Anne Besford., Eve Powers," Rob Colbert,. Rebecca Smith.. Isotel Froslon., Lucy Hollins,. Nic Chalmers." Elizabeth Hogarth,. Martin Kaufman Iconsullanll. Page 8

National Youth Choirs of Great Britsin IA company limited by guarantee) Trustees. report {continued) Year ended 30 September 2025 Financial review Financial position The statement ol financial activitses for 2024-25 shows an overall annu21 deficit of £123,874. This includes a £3,591 decrease in the value of invested funds during the year. A deficit was planned 2nd expected due lo investment in aC￿sS and inclusion initiatives and particularfy in provKJing addib.onal financial assistance support lo choir members. National Youth Choir has Continued lo grow principal income-generaling activities residentials and performances - during 2024-25. Consequently. we saw an increase in eamed income from fees and charges and a coiresponding increase in the associated expenditure relating lo these activities including venue hires and staffing costs. Delivery of the inlemalional tour to South Afn"ca and the aPpI￿￿"0n of VAT to independent school venue hires were two key factors in increased expendilure. Participation in residential and annual programme activities increased by 12% compared lo the previous year, and mel the budgeted targeL We remain on track for significant growth over the peiiod of the current strategic plan. Fundraised income streams grew again during the year by £53k, with particular growih in support from key trusts and foundations. In a challenging fundraising climate for the charity sector. we remain hugely grateful for the vital help and financial support of donors. lunders. participants. partners and g0Vemn￿nl, as well as the volLtnleers on our Campaign Committee. £60k of the reported annual deficit relates lo planned investment of restricted reseryes from our Founders Fund, lo support the increased need for financial assistan￿ for members of the National Youth Choir118-25 Years) who took part in the South Africa lour. Through designated reserves we have also continued to offset some of the impact of inflation on the costs of our programmes for families, wlh the non-lour related finanryal as51slance pol increasing by £62k. Unfortunately, as a result of the unexpected insolvency of one of our regular residential venues (Queen Margarèt's School, Escrickl, our final position was impacted by the loss of £19k paid in deposits, and the need lo hire a more expensive venue to be able lo deliver the course as planned - costing an additional £11 k. Looking ahead, tmslees continue to recognise the importance of balancing the carefully planned investment of funds lo achieve charitable objectives and organisalional resilience, wlh sustaining a suitable level of cash reserves to provide future security and address any unforeseen challenges. Having invested reserves in recent years we have returned lo selling a small surplus budget in 2025-26. Reserves policy Total resetves al 30 September 2025 were £249.181. Future planning is fundamental to the National Youth Choir's operation, combining the seasonal nature of annual activities with the necessity of planning programmes more than one year ahead, to link with the advance schedules of partner organisalions and guest artists. The reserves policy reflects the need to provide a degree of security lo support advan￿ planning over longer timescales, and lo provide confidence lo stakeholders that plans are soundly based and funded. Trustees have previously agreed the need to hold sufficient reserves to cover a sujtable periocl of salary and other operational costs as a budget and cash flow contingency in the event of a significant loss of income. Currently this designated cashflow and contingency fund stands al £201,986. This is considered to be a suitable minimum sum lo enable National Youth Choir lo manage the organisation through exceptional events and core cashflow needs for 3 months. However, over the medium term we intend lo build this fund lo a target balance of £280k reflecting the equivalent of 4 months, essential costs and cashflow requirements. A Founderfs Fund of £47.195 is restricted lo providing finallcial assistan￿ supporting Nation81 Youth Choir members lo tske part in ex￿p￿"0￿21 activities such as international touting, in accordance with donor wishes. Page 9

National Youth Choirs of Great Britain IA company limited by guarantee) Trustees, report Icontinued Year ended 30 September 2025 Free reserves, after deducting those lied up in designated funds. restricted funds and fixed assets, are £59,554. A subslanlial proportion of reserves are required as working cay'tal. which is the cash held lo enable the organisation to meet ils commitments throughout the year. Twslees will continue lo review the reserves position on an annual basis. Investments During 2018-19 the trustees agreed lo invest a proportion of reserves lo provide a longer-lerm income stream for vo key purposes". To support the increasing need for access inibatives as National Youth Choir widens its reach and raise5 its profile. To invest in the development of exceptional Creative projects and programmes. particularly where sources of income are not otherwise available. Since October 2019, £350,000 in lolal has been used to invest in Ihe CCLA COIF Charities Investment fund, which compiised the Founders Fund and a proportion of the National Youth Choir's cash reserves. Our policy Is lo invest for long-lerm growth, however we are able to sell units lo support cashflow needs as required. During 2024-25 we sold £300k of units in the fvnd to support cashflow needs and subsequently reinvested £200k lalei in the year. AI 30 September 2025 National Youth Choir holds 1.390 units valued at £354.002, a decrease of £104k over the year. due to nel sale of units of £100k and a revaluation loss of £4k. In 2025-26 Iruslees will review the approath to investment. wilh a view to establishing a more flexible. low risk approach Its investing cash throughout the year, while retaining a proportion of feserves in investments for longer-lerm returns. Going concern Trustees have given careful consideration to the matter of financial sustainability and the National Youth Choir's viability. Trustees have reviewed a number of different budget assumptions, scenarios and cashflow projections in setting a budget for 2025-26. which aims to achieve a sustainable financial future for the organisalion and to rebuild reserves in line wlh our target balance. Trustees have also undertaken a detsiled assessment of financial and organisalional risks. This means we are confident in our financial projections and equipped lo miligale risks if they malerialise. Trustees agree that the National Youth Choir culrenlly Telains a suitable level of reserves lo help miligale immediate financial pressures and manage anlicipaled cashflow needs in the coming year. After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources lo continue in operational existence for the foreseeable future. For this reason. they continue lo adopt the going ￿n￿rn basis in preparing the financ￿1 statements. Page 10

National Youth Choirs of Great Britain IA company limited by guarantee) Trustees, report (continued) Year ended 30 September 2025 Financial risk management objectlves and policies Our management team and Finance Committee robustty monitor financial risks induding regular review of a comprehensive budget risk assessment. This ensures appropriate risk mitigation strategies can be implemented and contingency plans made. Management of risks is underpinned by a strong reserves F)olicy. This approach ensures that National Youth Choir las a registered charity and a company limited by guarantee) meets ils legal an(J charitable financial compliance and probity requirements. The control environment 2nd framework are appropriate for the current and planned future scale of the organisalion and assure a strong p12tform of financial governan￿ and control lo National Youth Choir fundeis and slakehoklers. To support prudent financial management and mitigation of financial risK trustees have Carefully considered and agreed an investment strategy, described above. Plans for future periods By 2030 we want the National Youth Choir to be the go-lo organisalK)n ftir any young singer in the country who wants lo LE inspired. challenged and nurtured. We aim lo provide unparalleled opportunities for young people from the widest diversity of backgrounds through performance, education and regional, national and international engagement opportunities. We want the National Youth Choir lo be a household name that all passionate young singers, from the widest possible range of backgrounds. and from every part of the UK, aspire lo join. Strategic Plan 2022.27 N81ional Youth Choir is working to a five-year strategic plan for the perityj Oelober 2022 - September 2027. A mid-term review of the p12n was completed in January 2025 to restxind to progiess lo dales and to external factors and their impact on progiammes and beneficiaries. The plan sets out a clear ambition for how we plan lo build our eommunity and develop our reach and impact. The plan is based on consullalion with audience and stakeholder groups to ensure our plans and priorities are relevant. inspiring, inclusive and sustainable Core strategic aims are to strive for excellen￿. expand our reach," raise Our public profile and develop our resilience. In 2025-26 the programme of 8Ctivilies will contribute towards the delivery of the slated organisalional and charitable aims and objectives. Courses, Training and Pmfessional Development Eight residential courses are currently planned for 202&26 for National Youth Choir19-15 Years) and National Youth Choir115-18 Years). Alongside this we will deliver the annual programme of activity for National Youth Choir118-25 Years). We aim lo engage at least 1.204 participants across the choir programmes. We are committed to continuing lo refine and develop our creative and leaming programmes, ensuring that our training remains at the forefront of excellent ehoral practi￿ and is inspiring, relevant and inclusive. We will continue lo evolve programmes for the 9-15 and 15-18 choirs along&de our new Prinopal Conductors. National Youth Choir {18-25 Years} will take part in exciting partnership programmes with Gesualdo Six and Jess Gillam. Our sector leading development progffimmes wll conlinue with delThiery of the 2026 Emerging Professional Artists programme, engaging 8 participants across reshaped strands." Choial Leaders and Composers. Focus will remain on supporting eatty career professionals from under4epresented backgrounds. Page 11

National Youth Choirs of Great Britain {A company limited by guarantee) Trustees, report (continued} Year ended 30 September 2025 Performances. Commissions and Recordings Seeking lo continue to offer members unbeatsble creative opportuniiies, we aim to deliver a programme of over 20 concertslperfom)ances, regular digital recording releases and broadcasts across our ensembles in 2025-26. The programme will continue our estsblished partnerships with the Royal Afbert Hall and with the BBC Singers. 11 11 also include the release of the seventh emerging Composers album by NMC Recordings. 3 new commissionslcollaboralions are planned.. award-winning American-lndian composer land EPA aluml Shtulhi Rajasekar will collaborate with National Youth Choir118-25 years)." New York-based composer Jim Papoulis will write for National Youth Choir19-15 Years) and we will commission one of our graduate Young Composers from 2025 to create a new work for National Youth Choir115-18 Years). During the ye2r we will review our recordings strategy with the aim of creating repertoire and playlists that will appeal lo a growng digital audience and our media partners. Pathways In 2025-26 we will continue lo grow our national work in schools and communities, with 8 continued focus on expanding the SINGI programme lo support young singers and create strong progression pathways across six areas, including current partnerships in the North East, Greater M8nehestei, Mansfield, Wesl Midlands and with Ark Schools, as well as a new region." Tees Valley. We will expand largeled audib'ons and introduce free online auditions for all candidates. We also plan to pilot a new programme to support dèvelopment of exlra<urficular school choirs, Supercharge, wrth resources and CPD for choif leaders. Together wth other strategic activities we aim to reach over 3,000 participant5. Access. Inclusion and Representation National Youth Choir is committeij to being an incluswe and representative organisation, championing high- quality singing opportunities for all young people. We passionately believe that all children and young people with the widest range of backgrounds and regardless of individual circurnstance should be able lo make music with others and have the opportunity to discover and explore their musical talent. achieving al the highest levels. We will priorilise ongoing Equality, Diversity and Inclusion work. taking action lo identify and remove barriers for potential participants, audiences, staff and trustees. so that the National Youth Choir Is a welcoming and inclusive community for all. Key activities indude a focus on a￿$$ planning, new auditions approaches, growing our financial assistance programme, developing our work around young people's voice. and taking proactive steps lo develop a more representative workforce. We will also be developing partnerships with specialist organisalions lo inft)mi this work and act as critical friends. This work will k a key focus as we develop our ambitions and strategic planning lor the period from 2027 onwards. Budget For 2025-26, Trustees have set a prudent budget with a small surplus. Following planned investment of reserves in recent years lo support our strategic aims. Trustees wish to ensure a financially sustainable business model going forward. This will balance ongoing support for a￿$S to excellent singing opportunibes for young people and growing reserve funds for future investment. In 2025-26 we will continue lo deliver our four-year fundraising campaign. with the aim of raising £2.75 million by 2027. This will support investment in our leaming and engagemeTrt and access inilialives, development of creative inilialives and projects, and SUPFQrt organisalional sustsinability. Arts Council England The National Youth Choir will continue to receive funding of £115,244 from Arts Council England as a National Portfolio Organisalion for the period April 2026 - Mafch 2027 and we have been invited lo make an extension application lo cover the period to March 2028. We are commilled to embedding Arts Council's Investment Principles across the organisats.on and these principles are aligned with our strategic objectives. Page 12

National Youth Choirs of Great Britsin (A company limited by guarantee) Trustees. report (continued) Year ended 30 September 2025 Structure, governance and management Constitution National Youth Choifs of Great Britain (trading as National Youth Choir) was estsblished in 1983 and registered as a eharily and incorporated as a company limited by guarantee in 1984. The cornpany was established under a Memorandum of Association which established the objects and px)wers of the charitable company, and is governed under ils Arlicles of Assoctalion. renewed in 2010 and revised in 2025. Effective governance The Iruslees are committed lo ensuring the effective governan￿ of the National Youth Choir and in 2023 completed a review lo ensure voluntary compliance with the Charity Governan￿ Code. Following the review process the Iruslees were satisfied that the National Youth Choir mel the key requirements of the code and identified actions to further enhance the National Youth Choir's approach lo gove¥nan￿. The charity is a member of the Cultural Governance Alliance. a national neNvofk championing governan￿ best practi￿. Recrultment and appolntment of trustees The directors of the company are also charity trustees for the purpose of charity law and. under the company's Articles, are known as members of the Board of Iruslees. Under the requirernents of thè Memorandum and Articles of Association the members of the Board of Iruslees are elected to serve for a period of three years, after which they musl be reelected at the next meeting of trustees. Ttuslees are elected for a maximum of three cycles. The Bgard of Iruslees seeks lo ensure that ils members possess the range of skills. expertise 2nd perspectives required to benefit the diverse range of work the company undertakes. In the event of particulai ski115, expertise or perspectives being lost due lo reliremenl, a recruilmenl process is undertaken comprising open advertisement alongside targeted approaches to identify appropriate individuals for election lo the Board of Iruslees. Trustee recruitment is led by a Nominations Committee. which is a sub<ommiit&e of the board. Policies adopted for the induction and training of trustees On appointment Iruslees participate in an established induclton process and meet wlh the senior management team lo understand the workings of the charity and their roles. All trustees are required lo undertake safeguarding training and further training is provided on an ad hoc basis as and when required. Pay policy for senlor staff The Iruslees are responsible for setting the remuneration level for the senior team. which is done taking account of the financial position of the charity and prevailing market rates for similar roles. Organisational structure and dè¢ision-making The National Youth Choir has a Board of trustees which meets quarterfy and is responsible for the strategic direction and policy of the charity. Ml trustees give their lime voluntarily. Any expenses claimed by the Iruslees from the charity are sel out in note 9 to the financial statements. The trustees employ a Chief Executive 2nd a Creabve Director as an Executive team, with overall responsibility for a team of creative and operational staff (including the General Manager, Director of Development, He8d of Cornmunicalions and Head of Cieative Pfogfammesl to develop and imptemer71 the vision of the charity and ils aclivilies. The Board, with detailed work carried out by its Finance Committee. approves the draft annual budget. The Chief Executive and Creative Director are afforded full creative and operational control subject lo the budgeting limits set by the 8oard. Page 13

National Youth Choirs of Great Britain {A company limited by guarantee) Trustees. report (continued) Year ended 30 September 2025 Risk management The Board of Iruslees and the management committee regularfy undertake a review of the major risks lo which the charity is or may be exposed. Where appropriate, systems and procedures have been established lo miligale the risks that the charity is facing or may fa￿. Appropriate policies and procedures are in place lo ensure ￿)mplIan￿ with legislative requirements, which include employment laws, equality duties. child protection p)licies. data protection policies and health and safety of members, staff, and volunteers. 11 is National Youth Choir poliGy that 'all persons be accorded full and equal consideration on the basis of merit or other relevant, meaningful criteria. regardless of any potential Sour￿ of discrimination.. We aim to achieve this by nurturing a culture of mutual respect and twsl. fairness and dignity, and positive, indusive behaviour. Following a comprehensive review of our safeguarding practices by NSPCC in 2013. we have priorili*d 'youlh Vol￿,, ensuring that any young person participating in our programmes has the means and opportunity lo express themselves and be heard. To SUPF)Ort this the National Youth Choir employs a permanent Head of Safeguarding who is ￿spOnSible for delivering a safeguarding training programme to all staff members and volunteers and working with staff lo ensure appropriate future plans afe put in place for young people, espeaally those with protected characlerislics where and when required. Disclosure of informatlon to audltor Each of the persons who are trustees at the tsme when this Trustees. report is approved has confirmed that.. so far a5 th21 trustee is aware. there is no relevant audit infomialion of which the charity's auditor is unaware, and that trustee has laken all the steps that oughl to have been taken as a tajstee in order lo be aware of any relevant audit information and lo establish that the charity's audrtof is aware of that infomialion. Auditor Pursuant lo section 487121 of the Companies Act 20￿, the auditor wll deemed to be reappointed and UNW LLP will therefore continue in offi￿. Approved by order of the memtErs of the board of trustees on 3 February 2026 and signed on their behalf by.. David Andrew Roper (Chair of Trusleesl Page 14

National Youth Choirs of Great Britain IA company limited by guarantee) Statement of trustees. responsibilities Year ended 30 Septsmber 2025 The Iruslees (who are also the directors of the company for the purposes of company lawl are responsible for preparing the Trustees, report and the financial slalemenls in al￿0[dance with applicable law and United Kingdom A￿untIng Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requires the trustees to prepare financial stalements for each financial . Under company law, the Iruslees musl not approve the financial sialemenls unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of its incoming resources and application of resources, including ils income and expenditure, for that peiiod. In preparing these financial slalemenls. the Iruslees are required lo. select suitable accounting F)olicies and then apply them consistently., observe the methods and principles of the Charities SORP {FRS 102).. make judgments and accounting estimates that are reasor7able and prudent.. stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial statements.. prepare the financial statements on the going con￿rn basis unless il is inappropriate lo presume that the company will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the company's transactions and disclose with reasonable accuracy al any time the financial position of the company and enable them lo ensuie that the financial statements compty with the Companies Act 20￿. They are also responsible for safeguarding the assets of the company and hen￿ for taking reasonable steps for the prevention and detection ol fraud and other irregularities. Approved by order of the members of the board of tnJstees and signed on its behalf by.. David Andrew Roper (Chair of Trusleesl Dale.. 3 February 2026 Page15

Independent auditor's report to the members of National Youth Choirs of Great Britain Opinion We have audited the financial statements of National Youth Choirs of Greal Britain {Ihe 'charilable company.) for the year ended 30 September 2025 which comprise the Slalemenl of financial aclivilies, the Balance sheet, the Slalemenl ol cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, Including Financial Reportj'ng Stsndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. {Uniled Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial stalements-. give a true and fair view of the slate of the charitable (x)mpany's affairs as at 30 September 2025 2nd of its incoming resources and application of resources, including rts income and expenditure for the year then ended.. have been property prepared in accordan(* with United Kingdom Generally Accepted Accounting Practice.. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for oplnlon We conducted our audit in accordan￿ with Internatsonal Stsndards on Auditing IUKI I'ISAS IUK}'l and applicable law. Our responsibilities under those standards afe further described in the 'Audilorfs responsibilities for the audit of the financial statements section of our report,. We afe independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, includin9 the Financial Reporting Council's Ethical Standard. and we have fulfilled our other ethical resptsnsibililies in accordan￿ wilh these requirements. We believe that the audit eviden￿ we have obtained is sufficient and appropriate lo proV￿e a basis for our opinion. Conclusions relating to golng concern In auditing the financial ststemenls, we have concluded that the trustees, use of the going concem basis of a￿oUntIng in the preparation of the finanual statements is appropriate. Based on the work we have performed, Y￿ have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue a5 a going concem for a period of at least tsvefve months from when the financial slalemenls are auth0ri5ed ft)r issue. Our responsibilities and the resFX)nsibilib"es of the trustees with respect lo going con￿rn a￿ described in the relevant sections of this report. Page 16

Independent auditor's report to the members of National Youth Choirs of Great Britain (continued} Other information The other Information comprises the information included in the annual report other than the financial slalemenls and our Auditorfs report Ihereon. The trustees are resp)nsible for the other information contained wilhin the annual report. Our opinion on the financial statements does not cover the other information and, except to the exlenl otherwise explicitly slated in our reF)Ort. we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other infomalion and. in doing so, consider whether the other information is materially inconsislenl with the financial statements or our knowledge obtained in the course of the audit, or olhetwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misslalemenls. we are required lo determine whether this gives rise to a material misstatement in the financial slalements themselves. If. based on the work we have performed, we condude that there is a material misststemenl of this olher Information. we afe required to report that fact. We have nothing lo ￿port in this regard. Opinion on other matters prescribed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees. report fof the financi81 year for which the financial slalemenls are prepared is consislenl with the financial slalemenls. the Trustees. report has been prepared in accordan￿ with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and ils environment obtained in the course of the audit, we have not idenb.fied material misstatements in the Trustees. report. We have nothing lo report in reS￿ct of the following fflattets in relab.on to which Companies Act 2006 requires us lo report to you if, in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us.. or the financial stslemenls are not in agreement with the 2ceounting records and relums.. or certain disclosures of Iruslees, remunerab.on specified by law are not made- or we have not re￿iVed all the information and explanations we require lor (xjr audil,- or the Iruslees were not entitled to prepafe the financial slalemenls in accordan￿ with the small companies regime and tske advantsge of the small companies. exemplKsns in preparing the Trustees, report and from the requirement lo prepare a Strategic report_ Page 17

Independent auditor's report to the members of National Youth Choirs of Great Britain (continued) Responsibilities of trustees As explained more fully in the Trustees. responsibilities slalement. the trust￿9 (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fair view. and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial ststemenls that are free from material misstatement, whether due lo fraud or error. In preparing the financial statements, the trustees ate responsible for assessing the charitable company's ability lo continue as a going COn￿rn, disclosing. as applicable, mallers related lo going con￿rn and using the going concern basis of accounting unless the Iruslees either intend to liquidate the charitsble company or lo ￿ase operations. or have no realistic allemalive but lo do so. Auditorfs responsibilities for the audit of the financial stalements Our objectives are lo obtain reasonable assuran￿ about whether the financial statements as 8 whole a￿ free from material misslalemenl, whether due to fraud or error, and lo issue an Audilorfs report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance wth ISAS {UKI will a￿VayS delecl a material misslalement when il exists. Misslalements can arise from fraud 01 error and are considered material if, individually or in the aggregate, they could reasonably be expected lo inllijence the economic decisions of users taken on the basis of these financial stalemenls. A further description of our responsibilities for the audit of the financial stslemenls is located on the Financial Reporting Couneil's website al". www.frc.org.uklauditorsresponsibililies. This description forms part of our Auditorfs report. Extent to whieh the audit was consldered capable of detecting Irregularities, including fraud ITregu12rities, including fraud, are instances of non-complian￿ with laws and regulations We design prO￿dureS in line with our responsibilities, outlined above. lo delect material misstalemenls in respect of irregularities. including fraud. The extent lo which our procedures are capable ol detecting irregularities, including fraud is detailed below. However, il is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the preventson and detection of fraud. We obtain and update our understanding of the charitable company. its activities, ils control environment, and likely future developments, including in relation lo the legal and regulatory framework applicable and how the charitable company is complying with that framework Based on this understanding, we identify and assess the risks ol material mis51alement of the financial stalemenls, whether due to fraud or erfof, design and perform audit procedures responsive lo those risks, and obtain audit evidence Ihal is sufficient and appropriate lo provide a basis for our Opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud. Based on our understanding of the charitable company, we identified that the principal risks of non-complian with laws and regulations related lo laws and regulations that directly affect the financial slalemenls including financial reporting legislation lincluding related companies legislation), pension legislation and UK lax legislation. In addition, the charitable company is subject lo many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial stalemenls, for instance through the imposition of fines and lib"galion. We considered the extent to which non-complian￿ with laws and regulations might have a material effect on the financial statements and we have assessed the exlenl of compliance with these laws and regulations as part of our prO￿dureS on the related finan￿al slalemenl items. Page 18

Independent auditor's report to the members of National Youth Choirs of Great Britain {continued) We also evaluated managements, incentives and opportunities for fraudulent manipulation of the financial slalemenls (including the risk of override of controls) and determined that the principal risks related lo posting inappropriate journal entries lo manipulate financial results. management bias in accounting eslimales, as well as improper income recognition which includes fraudulent FK)sts"ng of purnal entries to income. Audit procedures perfomed by the engagemenl team included.. Inquiry of management and those charged with goveinance regarding actual and FK)tenlial liligalion or daims as well as whether they have knowledge of any actual, suspected or alleged fraud", Reviewing the financial statement disclosures and testing lo suptK)rting documentation lo assess compliance with applicable laws and regulations.. Reviewing meeting minutes lo identify reported frauds and any potent￿1 non-compliance wth laws and regulalions".and Challenging assumptions and judgments made by management in their significant accounting estimates and evaluating whether there was any eviden￿ of bias by the directors that represented a risk of material misslatemenl due lo fraud. Because of the inherent limitations of an audit, there is a risk that we will not delecl all irregularities, including those leading lo a material misslalemenl in the financial stslemenls or non-complian￿ wlh regulation. This risk increases the more that compliance with a law or regulation is femoved from the events and transactions reflected in the financial slatemenls, as we will te less likely to become aware of Instances of non-compliance. The iisk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery. (x)Ilusion. omission or misrepresenlab"on. Use ofour report This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Ael 20￿. Our audit work has been undertaken so that we might state lo the charitable company's trustees those matters we are required to slate to them in an Audilorfs reF)0rt 2nd for no other purpose. To the fullest extent permitted by law, we do not accept or assume ￿SpOnsIbl11ty to anyone other than the charitable company and ils members, as a l)ody. for Ouf audit work, for this report, or for the opinions we have formed. Anne Hallowell Bsc FCA DChA (Senior Ststutory Auditor) for and on behalf of UNW LLP. Statutory Auditor Chartered Accounlanls Newcastle upon Tyne 3 February 2026 Page 19

National Youth Choirs of Great Britsin (A company limited by guarantee) Statement of ftnancial activities (incorporating income and expenditure account) Year ended 30 September 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donabons and legacies Charitable activities Investments 149,720 1.265,441 4,383 504,352 654,072 1.265.441 4.383 601,200 985,612 4.504 Total income 1A19.544 504.352 1.923.896 1,591,316 Expenditure on". R2ising funds Charitable activities Other 147.255 1,373,612 18.960 147.255 1,877.964 18,960 86,648 1,721,083 504,352 Total expenditure 1,539,827 504.352 2,044.179 1,807,731 Net expenditure before net {losses)Igains on investments Nel {lossesllgains on investments {120.283} {3,5911 {120,283} (3.5911 1216,4151 51,566 Net expenditure Transfers between funds 1123.874) 59.554 1123,8741 1164,849} 15 (59.5541 Net movement in funds {64,320) 159,554) 1123.8741 1164,849) Reconciliation of funds: Total funds brought forward Nel movement in funds 266,306 {64,320) 106,749 159,554) 373,055 1123.8741 537,904 1164.8491 Total funds carried forward 201.986 47.195 249,181 373,055 The notes on pages 23 to 41 fomi part of these financial slalements. Page 20

National Youth Choirs of Great Britain {A Company limited by guarantee) Balance sheet At 30 September 2025 2025 2024 Note Fixed assets Intangible assets Tangible assets Investments 10 12 364,002 457,593 354.002 457,593 Current assets Debtors Cash al bank and in hand 13 64.931 137,481 76,561 18.871 202,412 95,432 Current liabilities Creditors.. amounts falling due within one year 14 1307.2331 1179,9701 Nel current liabilities {104.8211 184,5381 Total net assets 249.181 373,055 Charity funds Restricted funds Unreslricled funds 15 15 47,195 201.986 1C6.749 266,306 Total funds 249.181 373,055 The trustees acknowledge their responsibilities for complying with Ihe requirements of the Act wth respect lo accounting rewrds and preparation of financial stalemenls. The financial statements have ken prepared in accordants wth the provisions applicable to entities subject lo the small companies regime. The financial statements were approved and authorised for issue by the Iruslees on 03 February 2026 and signed on their behalf by.. David Andrew Roper ICh8ir of Trustees} Company registration number 01850803 The notes on pages 23 10 41 fomi part of these financial statements. Page 21

National Youth Choirs of Great Britsin IA company limited by guarantee) Statement of cash flows Year ended 30 September 2025 2025 2024 Note Cash flows from operating activities Nel cash used in operating activib'es 17 14,227 1260,6081 Cash flows from investing activities Proceeds from sale of investments Purchase of investments Dividends. interests and rents from investments 300.000 {200.0001 4,383 4.504 Net cash provided by investing activities 104,383 4,504 Change in cash and cash equivalents in the year Cash and cash equivalents al the beginning of the year 118,610 {256.1041 274.975 18,871 Cash and cash equivalents at the end of the year 18 137,481 18,871 The notes on pages 23 to 41 fom) part of these ffinancial statements Page 22

National Youth Choirs of Great Britsin {A company limited by guarantee) Notes to the financial statements Year ended 30 Septsmber 2025 Aceounting policies 1.1 Basls of preparation of financial ststements The financi21 statements have been prepared in accordan￿ with the Charities SORP IFRS 1021 Accounting ancl Reports"ng by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Retx)rting Standard applicable in the UK and Republic of Ireland IFRS 102) (effecbve 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. National Youth Choirs of Great Britain meets the deffinIt￿ of a public benefit entity under FRS 102. Assets and liabilities are initialty recognised al historical cost or lransacts.on value unless otherwise slated in the relevant accountsng policy. The financial statements are prepared in sterfing. which is the functional currency of the charity and are rounded lo the nearest £1. 1.2 Company status The company is a company limited by guarantee, incorporated and domiciled in England. The members of the (x)mpany are the ttuslees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited lo £10 per member of the company. 1.3 Going concern As sel out in more detail in the Iruslees report, the Iruslees have reviewed a number of different budget assumptions, scenarios and cashflow projections in setting a budget for 2025-26, which continues lo balance investment in organisational growth and long-temi sustainability. Consequently the Irustees have a reasonable expeclalton that the charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason they continue to adopt the going con￿r￿ basis in preparing the financial statements. 1.4 Income All income, including course fees and grant income. is recognised once the company has enlillemenl lo the income, il is probable that the incnme will be recewed and the amount of income re￿1vable can be measured reliably. Donated goods or services are included in income al a valuation wh￿h is an estimate of the financial cost bome by the donor. where such a cost is quantifiable and measurable. No income is recognised where there is no financral cost bome by the third paty. Income lax recoverable in relation to donat￿nS re￿1Ve￿ undei Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable in relation lo investment income is recognised al the lime the investment income is receivable. Page 23

National Youth Choirs of Great Britain (A company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 Accounting policies Icontinuedl 1.5 Expenditure Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation lo activities. Where costs cannot be directly attributed lo P8rticular activities they have been allocated on a basis consistent with the use of resourees. Support costs are those costs incuffed directly in support of expenditure on the objeels of the company They include govemance costs. which are those incurred in connection with the administration of the company and compliance with constitu￿nal and statutory requirements. Costs of generating funds are costs incurred in attracting voluntary income. and th0￿ incurred in trading activities that raise funds. Expenditure on raising funds includes all expenditure incurred by the company lo raise funds for ils charitable purposes and includes costs of all fundraising activities events and non-charilable trading. Expenditure on charitable aclivrties is incurred on difeclly undertaking the acttvilies which further the company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 1.6 Intangible assets and amortisation Intangible assets are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Intangible assets are initially recognised al cost and are subsequenlty measured al cost nel of amortisalion and any provision for impairment. Amorb'salion is provided al the following rates.. Software Website 5 year slraighl line basis 3 year sliaighl line basis 1.7 Tangible fixed assets and depreciation All 2ssels costing more than £5,000 are capitalised. Tangible fixed assets are carried al cost. nel of depreaab.on and any provision for impairment. Depreciats'on is provided at rates caiculaled to write off the Ix)st of fixed assets. less their eslimaled residual value, over their expected useful lives on the following bases Office equipment 5 year slraighl lifte basis 1.8 Investments Fixed asset investments are a form of financial instrument and are ini118lW recognised at their transaction cost and subsequenlty measured al fair value al the balance sheet dale, unless the value cannot be measured reliably in which case il is measured at cost less impaimenl. Investment gains and losses. whether realised or unrealised, are combined and presented as 'GainsllLossesl on inveslmenls. in the statement of finanryal aclivilies. Page 24

National Youth Choirs of Great Britsin IA company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 Accounting policies {continuedl 1.9 Debtors Trade and other debtors are reeognised al fhe settlement amount after any trade discount offered. Prepaymen15 a￿ valued al the amount prepaid net of any trade discounts due. 1.10 Cash at bank and in hand Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity of three months or less from the date of acquisition or OFening of the deposit or similar account. 1.11 Liablllties and provisions Liabilities are recognised when there is an obligatson al the Balance sheet ijale as a result of a past event. il is probable that a transfer of economic benefit will be required in setllemenl, and the amount of the settlement can be eslimaled reliably. Li8bililies are recognised at the amount that the company anticipate5 it wll pay to settle the debt or the amount it has feceived as advanced payments for the goods or setvices il musl provide. 1.12 Penslons The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company lo the fund in respect ol the year. 1.13 Fund accounting General funds are unrestricted funds which are available foi use al the discretion of the Iruslees in furtherance of the general objectives of Ihe company and which have not been designated for other purposes_ Designated funds comprise unreslricled funds that have been set aside by the Iruslees for particular purposes. The aim and use of each designated fund is sel out in the notes lo the financial slalements. Reslricled funds are funds which are to be used in a(Mrdance with speafic restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administenng such funds are charged against the speafic fund. The aim and use of each reslricled fund is sel out in the notes lo the financial statements. Investment income. gains and losses are allocated lo the appropriate fund. Page 25

National Youth Choirs of Great Britain IA company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 Crltlcal accounting estimates and areas of judgment Eslimales and judgments ale c￿ntinUalty evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions.. In preparing these financial statements the directors do not consider there were any significant areas of jud9ment that were required in applying the companls accounting polictes as sel out above. Estimates included within these financial slalements include depreciation and asset Impairments. None of the eslimales made are considered to carry significant estimation uncertainty, nor lo bear significant risk of causing a material adjuslmenl lo the carrying amounts of assets and liabilities within the next financial year. Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Donations Grants 110,906 7.000 31,814 17,964 486,388 128,870 493,388 31.814 Membership fees 149.720 504,352 654,072 Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Donations 97,949 16,875 25,586 21,682 439.108 119,631 455,983 25.586 Grants Membership fees 140,410 460.790 601,200 Page 26

National Youth Choirs of Great Britain IA company limited by guarantee) Notes to the fjnancial ststements Year ended 30 September 2025 Income from charitable a¢tiviti¢s Unrestricted funds 2025 Total funds 2025 Course fees 1,134,995 12,346 3.799 19,475 69,207 25,619 1,134,995 12.346 3,799 19,475 69.207 25.619 Audition fees Sales of merehandi Concert and performing fees Ticket sales and contributions- ￿ncertS Other income 1,265,441 1,265,441 un￿StriCted funds 2024 Total funds 2024 Course fees Audition lees 866,155 10.204 2,718 15,373 62,865 28.297 866,155 10,204 2,718 16,373 62,865 28.297 Sales of merchandise Concert and performing fees Ticket sales and contributions- concerts Other income 985,612 985,612 Page 27

National Youth Choirs of Great Britain IA company limited by guaraTrleel Notss to the financial statements Year ended 30 September 2025 Expenditure on raising funds Costs of raising voluntary income Unrestricted funds 2025 Total funds 2025 Fundraising - other costs Wages and salaries National Insurance Pension costs 15,350 114,779 13,842 3,284 15,350 114,779 13,842 3,284 147.255 147.255 Unreslricled funds 2024 Total funds 2024 Fundraising - other costs Wages and salaries National insurance Pension costs 9.641 67,393 7,919 1,695 9,641 67,393 7.919 1,695 86.648 86,648 Page 28

National Youth Choirs of Great Britain {A company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 other costs Unrestricted funds 2025 Total funds 2025 Total funds 2024 Irrecoverable venue hire costs 18.960 18,960 Analysis of expenditure by activities Direct costs 2025 Support costs 2025 Total funds 2025 Charitable actFvilies 1.711.777 166.187 1,877,964 Direct costs 2024 Support costs 2024 Total funds 2024 Charitable activities 1,553,515 167,568 1.721,083 Page 29

National Youth Choirs of Great Britain IA company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 Analysis of expenditure by activrties (continued) Analysls of direct Costs Charitable activities 2025 Total funds 2025 Staff costs Courses accomodation, music Insurance Tfavelling expenses Advertising, website, promotion and printing Consulting and training Office costs Bank Charges 348,030 1,188,496 8.286 41,222 30,949 14,163 61,087 19,544 348,030 1.188,496 8,286 41,222 30.949 14,163 61,087 19,544 1,711,777 1.711,777 Charitsble livities 2024 Total funds 2024 Staff costs Courses accomodalion, music Insuran Travelling expenses Advertising, website, promotion and printing Consulting and training Office costs Bank charges 420,616 957.165 6,553 46,917 35.123 9,128 62,285 15,728 420,616 957,165 6.553 46,917 35,123 9.128 62,285 15,728 1,553,515 1,553,515 Page 30

National Youth Choirs of Great Britain A company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 Analysis of expenditure by activltles (continued Analysis of support costs Charitable activities 2025 Total funds 2025 Stsff costs Legal and professional fees Rent 8nd rales Governance costs 135,529 14.029 12,900 3,729 135,529 14,029 12.900 3.729 166,187 166,187 Charitable activities 2024 Total funds 2024 Stsff costs Leg81 and professional fees Rent and rates Governance costs 131.330 13,676 17,349 5.213 131,330 13,676 17,349 5,213 167,568 167,568 Auditor's remuneration 2025 2024 Fees payable to the company's auditor for the audil of the company's annual accounts 10,000 9,500 Fees payable lo the company's auditor in respect ofr Other servi￿$ 1,500 1,200 Page 31

National Youth Choirs of Great Britsin IA company limited by guarantee} Notss to the financial statements Year ended 30 September 2025 staff costs 2025 2024 Wages and salaries s￿la1 security costs Other pension costs 548.745 52,653 14,066 563,698 51,277 13,978 615,464 628,953 The average number of persons employed by the company during the year was as follows.. 2025 No. 2024 No. Average no. of employees 17 17 The average headcount expressed as full-time equivalents was.. 2025 No. 2024 No. Staff 15 13 Page 32

National Youth Choirs of Great Britsin IA company limited by guarantee) Notes to the financial ststements Year ended 30 September 2025 Staff costs Icontlnued) The number of employees whose employee benefits lexduding employer pension costs) exceeded £60,000 was= 2025 No. 2024 No. In the band £60,001 - £70,000 In the band £70,001- £80,000 In the band £80.001- £90,000 Key management personnel Key management personnel are deemed to be those having authority and responsibility. delegated lo them by the Iruslees for planning, directing and controlling the activities of the charity. During 2024125 they were". Creative Director- Lucy Hollins Director of Development- Robert Colbert Chief Executive- Anne Besford General Manager- Mark Anyan The total employee benefits of the key management ￿rsonnel of the charity were £275,556 12024.. £280,139). Trustees. remuneration and expenses No trustees received any TeMunerat￿n during the current or prior year. During the year, one Iruslee {2024'. one trustee} received reimbursed expenses of £34512024.. £1,434) in respect of travel and Subsisten￿ costs. covering a number of previous years, which was subsequently donated to the charity. Page 33

National Youth Choirs of Great Britain {A company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 10. Intangible assets Software Cost At 1 Ocloter 2024 92.496 At 30 September 2025 92.496 Amortisation Al 1 Oclokr 2024 92,496 At 30 September 2025 92,496 Net book value At 30 Seplember2025 At 30 September 2024 Page 34

National Youth Choirs of Great Britain IA company limited by guarantee Notes lo the financial statements Year ended 30 September 2025 11. Tangible fixed assets Office equipment Cost At 1 October 2024 15,119 At 30 September 2025 15,119 Depre¢iation Al 1 October 2024 15.119 At 30 September 2025 15,119 Net book value AI 30 September 2025 AI 30 September 2024 12. Fixed asset Investments Unlisted investments Cost or valuation At 1 October 2024 Additions Disposals Revaluations 457,593 200.000 1300,000) 13,5911 At 30 September 2025 354,002 Net book value At 30 September 2025 354,002 AI 30 September 2024 457.593 Page 35

National Youth Choirs of Great Britain IA company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 13. Debtors 2025 2024 Trade debto Other debtors Prepayments and accrued income 12.305 1,920 50,706 8,996 1,920 65,645 64,931 76,￿1 14. Creditors: amounts falling due within one year 2025 2024 Bank overdrafts Tode credito Other creditors Accruals and deferred ineome 53 21,223 38,303 247,654 20,651 32,985 126,334 307.233 179,970 2025 2024 Deferred income at 1 October 2024 Resources deferred during the year Amounts released from previous periods 111,521 200,933 (111,5211 98.383 109,521 {96.383} 200.933 111,521 Page 36

National Youth Choirs of Great Britain IA company limited by guarantee} Notes to the financial statements Year ended 30 September 2025 15. Ststement offunds Statement of funds - cuirent year Balance at 1 October 2024 Balance at 30 Sèptember 2025 Transfers inlout Gainsl (Losses) Income Expenditure Unrestricted funds Designated funds General contingency & budget 266.306 {123.8741 142,432 General funds General funds 1.419,544 (1.539,827) 183.428 13,5911 59,554 Total Unrestrlcted funds 266.306 1.419,544 11.539.827) 59.554 (3,591) 201,986 Restricted funds Founder's Scholarship Fund Arts Council England Peter Sowerby Foundation The Leverhulme Trust 106,749 {59.554} 47,195 150.867 1150.8671 49,241 {49.2411 68,980 {68.980) The Sequoia Trust Other small grants and donations 82,513 182.513) 152.751 {152,7S11 106.749 504.352 {504.3521 159,554) 47,195 Total of funds 373.055 1.923.896 {2,044,1791 {3,5911 249,181 Page 37

National Youth Choirs of Great Britain {A company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 15. Statement of funds Icontinuedl Statement of funds - prior year Balance at 1 October 2023 Balan￿ at Gainsl 30 September {Lossesl 2024 Transfers inlout Income Expendrlure Unrestricted funds Designated funds General contingency & budget AC￿$$ and inclusion 410,000 {143.6941 266,3( 7.000 {7,000) Organisalional development inibats've 14,155 (14,155} 431,155 {21.155) 1143,6941 266,306 General funds General funds 1,130.526 11.325,7861 143,694 51,566 Total Unrestricted funds 431.155 1.130.526 11.346.941) 51,566 266,306 Restricted funds Founder's Scholarship Fund 106,749 106,749 Arts Counryl England Peter Sowerby Foundation The Leverhulme Trust 149,997 1149.9971 51.243 (51.2431 41,980 141.980) The Sequoia Twsl 10.000 (10.0001 Page 38

National Youth Choirs of Great Britain {A company limited by guaranteel Notes to the financial ststements Year ended 30 September 2025 15. Statement of funds Icontinuedl ststement of funds - prior year (continued) Balan￿ al 30 Gainsl September {Lossesl 2024 Balan￿ al 1 October 2023 Transfers inloul Income Expendtiure The Offenheim Charitable Trust 7,000 17.000) Other small grants and donations 200.570 (200.570) 1C6.749 460,790 {460,7901 106,749 Total of funds 537,904 1.591,316 11,807.731) 51.566 373,055 As part of work to develop the current strategic plan, Iruslees identified areas where future investment would be needed. Designated funds aligned with the mission and piiorities were allocated as follows.. Access 2nd Inclusion fund which provides dedicated resources t() underpin the delivery of the Equality. Diversity and Inclusion plan and enable to support costs of specific access needs,. Organisab'onal development initiative which supp)rt the costs of new staff posts, which will support the growth of more sustainable income streams. Both funds were spent down in 2023124 as expected. NYCGB wtll continue to seek specific lunding new init￿liVeS as the need arises. Page 39

National Youth Choirs of Great Britain IA company limited by guarantee) Notes to the financial statements Year ended 30 September 2025 16. Analysis of net assets between funds Analysis of net assets betsveen funds - current year Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Fixed asset inVest￿nts Current assets Creditors due within one year 3r￿,807 34,975 {139.7961 47.195 354,002 167,437 202.412 1167,437} {307,2331 Total 201,986 47,195 249,181 Analysis of net assets between funds - prior year Unrestricted funds 2024 Reslricled funds 2024 Total funds 2024 Fixed asset investments Current assets Creditors due within one year 350,844 32,299 {116,837) 106,749 63,133 163,1331 457,593 95,432 {179,9701 Total 266,306 106.749 373,055 17. Reconciliation of net movement in funds to net cash flow from operatlng activities 2025 2024 Nel expenditure for the year las per Statement of Financial Acliviliesl 1123.8741 1164,8491 Adjustments for: Depreciation charges Lossesllgainsl on investments Dividends, interests and rents from investments Decreasellincreasel in debtors (Decrease) l increase in creditors 3.591 14.3831 11.630 127,263 151,5661 14.5041 110,7491 128,9401 Net cash generated byllused in) operating activities 14,227 1260.6081 Page 40

National Youth Choirs of Great Britain (A company limited by guarantee} Notes to the financial statements Year ended 30 September 2025 18. Analysis of cash and cash equlvalents 2025 2024 Cash in hand 137,481 18,871 19. Analysis ol changes in net debt At1 October 2024 Cash flows At30 September 2025 Cash at bank and in hand Bank overdrafts repayable on demand 18,871 118,610 {531 137,481 1531 18,871 118,557 137.428 20. Pension commitments The company operates a defined contribution pensron scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by Ihe company lo the fvnd and amounted to £14.066 12024." £13,978). Contributions lotalling £1,68912024'. £1,330) were payable lo the fund al the balance sheet dale and are included in creditors. 21. Related party transaetions A direelor at Atom Holdco Limited is a trustee of National Youth Choirs of Great Britsin Atom Holdco Limited charged National Youth Choirs rental income for use of their office building until they changed premises in April 2024. Rent payable recognised in the year is £nil12024'. £14.56812nd the balance owed lo Atom Holdco Limited al yeai end is £nil12024'. £nill. During the year donations lolalling £nil12024.' £21,414) were receNed from the Injslees or organisalions that Iruslees had declared an interested in. Trustees expenses have been disdosed separalety within note 8. Page 41