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.
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