2025-09-30-accounts

Company r•g15tratlon numb•r N1051710 (Northern Ir•lartdl Ch•rity registratlon number NIC101104 (Horthem Ir•l8ndl THE ULSTER YOUTH ORCHESTRA ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

THE ULSTER YOUTH ORCHESTRA LEGALAND ADMINISTRATIVE INFORMATION Dlrnctors Mr D J Canmore Mr P McCrf8k8ll Mrs C J Wells Lady D E Trimble Mr D W Smylh Mr M McKavanagh Mr R PolleTr Ms R Millar Ms N Curran Mr S M Roblnson Sècrgtsry Mr S M Rob5nson Country ol In¢orporatlon Unitod Kingdom (Plorthem Ireland) N1051710 CharSty r•glalr•tlon Northem Ir8land NIC101104 R•gl¥tsrod offlc¥ D6 Colvln Hous&, Insplr• 8ugln?55 Park C8rrowreagh Rd Belfast BT16 1QT Audltpr HM ChFrter8d AccoLinlants Oth Floor E881 Tower Lanyon Plaza 8 Lanyon Pla¢• Bell8st Co. Antrlm BT1 3LP Bank•rs Ulstei Bank 91193 Unlverslty Roa<J Bgllasl BT7 1NB SollclloT8 Elliott DLJffy Garrett CIO Elliott Duffy Garrelt 40 Linenhall Street Belfast BT2 8BA

THE ULSTER YOUTH ORCHESTRA CONTENTS Pag9 Oirectors. rBPOrt statement of Direciefj#' responslblllti¢s Indopgndènl audltorf$ report 1Q Sl818mgni of Inanclal a¢tivitlo8 11 st8tem•nl of fjnandal posltlon 12-20 Notes to th& flnancial $t@lements

THE ULSTER YOUTH ORCHESTRA DIRECTORS. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The dlreclor8 present their annual report and financial slalefnents lor Ihe year enrSed 30 September 2025. Th8 8cGount8 have been prepared in accordance with the accounting policies sel out in note 110 the accoLbnts and eolnply with thè company's Mgrnorandurn 8nd Articles ol Association, tha Compani85 Act 2006 and "Accounting and Reporting by Chari11è5'. Slalemanl of R8¢0mm&nd4d Practice applicab18 to ch8ritie8 prepgring their accounts in ac¢ordanc& with the Financial Reporting Standard applicab18 in lh8 UK and Republlc of Ireland IFRS 1021. la5 amended lor accounting pèriods commencAng from l January 20161 Structur•, Govgrnanc• and Managem•nt The Ulster YDulh Orchestra Limlted w8s Incorporated on 20 September 2004. There are èlèven dlraettsrs of the company and new directors can be appoiDled al a properly convened company meelng up lo the maxlmum perMitt8d in the company's hrt8morandum and Articles olAssoCla￿0￿. Oble¢tlvo8 and #ctlvltles The company axisls lo glv8 young p8opb from across Northèrn Ireland the vgry bèst qii81ity music luilion as well a8 the opportunity to p8rform with the world'5 leading musiclans and conduetors. 11 does this through th9 provision ol an a￿nUal rgsldgnii81 coutse consisting ol workshops and lutortals anding with two concsrt p¢rfomi&nces with additionel activlliés during Iha yegr. The dir•clors h8v8 paid du8 regard to guldance Is8u8d Oy the ChAilty Cornml8sion In declding wl7al 8¢1ivilies the ornpany should undertakg. A¢hhvvrnents And performan¢? In October 2024 the appllcalion process for 2025 op6nad. and 8 high 18vo1 ol excollenl quality appll¢ants enlered the 8udlty'oTr procèss, To facMlt8te Ihls. on Auditlon Hglp Sgssion w89 h8kl over Zoom In December 2024. Four audltlon panelllsts alld UYO staff rnembers delivered 0 60-mlnule talk and Q&A sesslon on how the au(Jltlon pro¢ess worked. how to prepare foi an audSllon and what to expect on tho day. A recording pl tre 5esslon was msde 8vall8ble lo thos8 who were unable to attend live. 140 8udilion8 were then hekl during Decamber. 2024 wlth the first d8y hèld 41 Slrabene Acad8my and the subsequenl two day8 at Qu88n's Ljnivarslty 3elfasl IQUBI Music Departmont. There was a small ri88 in applicants auditioning in Strab8n8 which w95 &ncour8ging 88 UYO aspires to Increa￿ engagernenl in the Northw8sI, Th8 annual Play.in Day event was held at QUB on 9th Fèbruary 2025. Play.In Day was d8veloped lo give all apKTrlicanls a posilive experiencè ptssl oudilion. 53 young musicians enjoyed a day of reheatsals and a shorl performance ol Samuel Coleridg•-Taylor's 'Th8 Bamboula. and selecled ￿vementS from Mussorgsky arr. Ravel 'Piclur¢s al an Exhibilion, in preporalion for I+Te 3urnmer coursg. Matthew Quinn returned as our 2025 conductor. M8tthew is a vor58tile young conduciorlmusical dlr8ctor from Belf#81, Northem Ifeland who Is dev6loplng a rèpLJiation for his exclting 8nd dyn8mic 8pproa¢tt lo his muslc makSftg. He holds varlotjs poslllons,. Chorus Director of English National Opera. Musle81 Director of Cappella C8eciliana, and Musical Dir8Ctor of London Youth Chamber Choir. Matthew also took up the position ol Princlpal Conductor ol National Youth Choir 115.18 Y&arsl in 2025 to add lo his portfolio. He has also worked wilh Chambèr Choir Ireland, Northem Ire18nd Opèra. Opera c￿leCtiVe IrelandlAcad8my fv'r Alle Musik Btsrfin. th& Ulster Orch88tra, RTÉ Concert OrLhestra, and the Hard Rain Sololsl Ensemble. Folkiwing the initial tut introduclion io both piecgs, the orcha8tra split into se¢tion@Is wilh the strings being t8ken by UYO alumni P8uI Mccuskèr. and br85s, wind and porcussion being led by Matlh8w. UYO'S partnership wilh the Hard Rain Soloist Ensémblg wniinued In April when thg Ensemble. 17 UYO membgrs and 20 Flayers Irom the Limerick School ol Music joined together lor performall￿5 at the Titanic Museum in Bellast. Rehearsals were held al Queens Muslc Department with social activities afterward5 10 introduce the Iwo group3 of young peDple. Ch3rnber ernsembles then performed at Cityside Retail Park, beforè moving on to the fitanic Mus8um for thg performsnce of 'The Sinking of the Titanic, by Gavin 8ry8rs.

THE ULSTER YOUTH ORCHESTRA DIRECTORS, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The pertnership wilh the Ulster Orchestra also continues, with the Professional Experionce Schem&. The ￿n48Y 8nnu81 r63idential cour¥¢ b¢gon al Greènmounl Agricultural College. Anlrim in August 2025 wilh 8sslst8nt conductor M8tthew Ouinn Inllially plcking up the b8ton. Matthew and 8 team of hlghly expertenced Instrumental tutors look the new orchestra through its pa¢es wlth 8 eombln8tlon ol sectional and tultl Tehearsals. Eleven iulors were ongaged lo 'notB-bash' establishing the rhythms, 8rticulatlor, bowings 8nd a¢cldentals before the handover from assistant and tutors to maln ¢onduclor Michael Seal who then took the or¢hestra up anoth8r levèl by fin6-lunlng Ihe phraslng ancj musicallty ol th• r•pertolre In pr8pardtion for lh¢ publlc ¢onc8rts. Mlcha81 Seal holds the p0511ion of Associale CondudoT <rf thè Clty ol Birmlngham Syrnphony Orchèstra ICBSOI. His in.depth knowladgo ¢1 orchestras from an insid8r's position (he was a violinist wilh thé CBSO early in his ¢areerl gives hlm a uniqu& p8rspg¢liv8. ¥nd has buill a rèputalion for ouislanding results. d8livor8d with great charm. Michael has Irequenlly been Invite(l a8 ouesi wnductor with 811 5 8BC orcheslras, the Roy81 Liv¢rpool Philharmoni¢ orch9Stras. as well 8$ Ihè Academy ol St Marlin in tho Fields. BBC Concert Orcheslra, Bournemoulh Symphony Or¢hestra, Philharm¢nia Ofcht$lr8, Roy81 PhilhBrmonlc Orchgslra, Royal Scotlish N8tlonal Orchestr0, Lon¢on Phllh8rmonlc Or¢h•str8. Ulster Orch6Stra, RTÈ Concert Orch&sir8 and the Natlongl Symphony Orche51ra. Both condu¢ttsrs wer• very popular wlth th& orch&slrJ', th& players r8mark•d that Matthew had the quallly Ih6t thoy would expe¢t ITOM the rnoln conductor 8nd would love lo hlm b8ck. The players appreclaled Mlchael Seal's dlr&¢ln&ss gnd energy. ond thèy onloye¢ Ilslerting lo h1$ 8lorie$ from hi8 vast orchestrBI eKperience. Now tutors In piano, hom, porcusslon, harp and cello section5 811 fittèd In and understood the ¥tho8 of UYO pèrfectly. A tutor s8f8guarding talk w8S 8n $xc4llenl addStion th81 will now be implémènted gvery ye8f. Wellare $81eguardlng Iralning had a sp&cilic spotlighl on Sndusion and o¢¢ommodaling players wilh n&urodiver$41y. Outsldo of rehoarsals. aclivibos included., Ul$l•r Youth Jazz Orcheslra workshop and p￿[OrmanC9, Hard Rai Soloist Ensernble workshop. Inl¢fm81 ¢onc•rt, violo se$slon oll pollegrinas, caregr ialks on arls manggemenl, and le8¢hing slyle5. Itfe al music colloge and workin9 in tho Ihealr¢, Africars drumming, Bo51ywood dJnGing. ¢18sse$ lor fronl dè9k strings and prin¢ipal roles and respon8ibili1Ses. Two publi¢ ¢oncert6 v4$re held. one at Ihe GuIldh￿l1 in D*rylLondond8Try on 151h August and the flnalo al the Ulster Hall on Sslurday 16th August. D&spil8 tha prole¢l for Older People h8vlng finished in 2024, the dienls from Old¢r People Norlhw¢st (Jay ￿ntre w¢re Invlled lo the Gulldhall a6 our guesis whlch wa$ very much

ppr8d8t8d by those who aitend&d.

To Conclude. the residential course was widely consi(18r8d as one ol th8 most enjoyable In s8varal years and the concertB received glowing revl8w8 from a wido range of aitendges and participants. During the y¢8r, string qu8rtelS. br8¥s quintels end oth•r ¥mAII èngembl88 playèd al various ttvants e.g. Thè Gradualion Ceremony lor Bellasi School of Theology. al thè Belfasl Maralhon lor BBC Radio Ul$l8r, at Bèlfast City Hall lor the Rgmemboring Srgbrènica èvenl. al th* Royal Garden Party al Hi115borough Caslle, Sl Anne'8 Cathedral lor a concerl in aid of Cancer Fuad lor Chlldr¢n. and rnany more public and prlvalè perfomiances. Finally. tho 8oard was d8llghled when lh¢ Orthestr8'$ General Manager, Paula Kl&in, was aw8rded the BEM lor services to young people in da5sical music in North¢m Ireland in tho 2025 New Ye8rt5 Honours List. This award was richly deserved, and 18 a liulng tylbuie In recognltion of tho many years ol dedlcated servlce that Pau18 ha8 devoted to the (Sevelopment of young musi¢lans.

THE ULSTER YOUTH ORCHESTRA DIRECTORS, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Flnanclal r•vlow Tha company relies on fvrKling and 6ponsorship a8 well as personal donations to enable u5 to undertake all our aclivilies. We also wish lo acknowledga Ihg ongolng support of momb9r8 01 the Orchestra and thair families along with th8 Invaluable work don8 by our voluntèèr5. Without the 5UPPOrt both Iinancial and in pèrson Ihtr sctivities ol tho Orchestra would b6 greatly curtailed, We are particularly 9r8teful lo the Arts Council of Northern Ireland who h&ve consislenlty provided funding. which has provtd8d a solid foundation on which the lull artistic programm8 could b8 d8vÈloped wlth conflrjgncg. This in turn has supported the Orchestra's success in receiving fundSno owards from othèr Trusts and Found81ion8 Major grants and spon80rshlp rg¢elved Ihls year w8re os foll¢w$.' Art5 Councll ol Northern Ireland 88lfast Clty Councll Leverhulma Trust Enk&lon Foundalon snie MitchBII Tnjst 56.670 6,330 6.000 2,000 1,000 The income from th8 Arls Council ol North¢m Iroland, 84118sI City Council. Lav8rhulm8 Tnjel and Enkalon Found81ion is regarded as rfyslrSct8d and 18 s8paralely shown on Ihg Sialemanl ol Flnanc181 Aclivilieg. All oth8r Income and expenditure is regarded a5 unreslricled, with any surplus or deficit in the year bmught lo reserveg. Th? tol81 level of income ¢Juring thè yegi was highgr Ihgn In prlor ye8r9. due principally to an Incraa80 In Orch&stro Tax rellef. Incomè trom other sources wa5 In Ilne wlth the prevlous y68r. The n81 Incomlng resourc8$ for the year amDunt8d lo E76,208 12024.. £8,845 oulgolngl ￿￿VINg 8 Surplus Sn reJerye5 at Iha ￿er-end of £165.26112024'. £89,053). £162,366 of whl¢h18 unreslrlcled12024.' £79.1711. R88ervé• Pollcy The dlreclors. pollcy Is to ensurg that suffielènt unrestricted r09¢Ne3 are available lo cover core 8dminislralion, fund-ralslng and Supporl eosts, without which the charity COLAd not function. and to provido for known future tjovelopments.118blllt168 gnd un¢ert81ntles. The lèvel of reseryes is r¢vlowed on an ongoing bas1$. Rlsk A$$e•sm&nl The dlrector8 have a$8988ed the mgjor risks lo which th6 Orcheslia is exposed, and ar8 satisfied that systems are in place lo millgaia aXPOSUfe lo rnalor rl3ks. Dlr•ctor• The dlreclors who served durlng the year sre listed b8low Mr A Boyd (Resigned 12 May 20251 Mr D J Canmore Mr P McCrfsk8n Mrs C J Walls Lady D E Trimble Mr D W Smylh Mr M McKBvan8gh Mr R Pollen Ms R Mi118r Ms N Curran Mr S M Robinson

THE ULSTER YOUTH ORCHESTRA DIRECTORS, REPORT FOR THE YEAR ENDED 30 SEPTEPABER 2025 Audttor Harbinson Mulholland have indlcated thelr willlngness lo continue in offi¢9 and B resolution conceming their re- appoinimenl wi15 be proposed al tha Annual General Meallng. Dl$closur? of Informatlon to audltor To the knowledge 8nd bBlief ol Ihe director$. there Is no relevant Infomiatlon that the company's a¢Jdltor8 are not awarg of, and the dlrectors have iaken all stgps n¢ces$ary to en8ure lh• dlrectors arg awaro of any relevant Informahon, and lo establSsh that the Companls audltors are aware ol the informatlon. Th6 Direct approvèd by the Board ol Dlreetors. MT S M Roblnson See￿1$ry Dated,. ..././ Zoz6

THE ULSTER YOUTH ORCHESTRA STATEMENT OF DIRECTORS, RESPONSIBILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 The al￿¢1¢Y5. who also act as trustees for the charitable activities of The Ulsltr Youth Orchestra, are re8FK)nsib for preparing th8 Dlrociors, Report and th8 8ccounts in ac¢ord8ncg wilh applicablp law and Uni18d Kingdom Accounting Stand8rds Iuniled Kingdom Generany A¢￿PI&d Accounting Pracllcel. Company Law requlrgs the dirtsclors to prepare accounts for each flnancial year whkh glve a Iwe and lair view of the slate of affalrs of the company gnd ol the In¢omino resources and appllcation of ￿sOUl¢e$. Indudln9 tho Incorne and expenditure, of the charitable company for that year. In preparing the58 account5, th8 dir8CtOTS arB requlred lo.. sel&EI suitable accountin9 policlas and then app4y Ihgrn consi8tently'. - obsorv& thg m8(hods prlnciplgs Sn the Charili88 SORP.. mak8 ludgemeni$ and eslim8lès that are reasonable gnd prudent., state whether applleable UK Accounting Sland8rd$ have begn followed, subj￿1 to any materS41 departures disclDsed gnd explain&d in the accounts. and prepare the gccounls on the golng ¢on¢•rn be818 unl•ss It 18 Inapproprl8t• to presum& Ihot th¢ company wlll ¢onllnue In 0￿ratIOn. Th6 dlr6Cttyrs ar• respon51ble for ke•plng adequale accounUng r8cords that dlsclose with rea￿nable accurqcy gt any timtr thè fiiionrial position of the ¢ornpany and 8nable them lo en8ur8 Ihal the accounts cornply with th8 Companie8 o steps I 06. Thèy Arg also responslb18 for ￿f￿guardIng the asBOt$ of the ¢ompany and h8nce lor laklng th8 prBv8nth)n and d8tectlon of fraud and olher irieguladli&5, Mrs M RoblnFon S&cr8tary

THE ULSTER YOUTH ORCHESTRA INDEPENDENT AUDITOR'S REPORT TO THE DIRECTORS OF THE ULSTER YOUTH ORCHESTRA Oplnlon We have auditod the linan0i81 sialèments of Th8 Ulster Youth Orchestra Ilhe 'eompany'l for thè year endad 30 Septamb8r 2025 which compris8 the $1818menl ol fin8naal aclivilios, Ihe s181ement of financial position and noles lo the Iin8nclal slaiemgnls, including significant accounling policies. Tha financial fgPOrtin9 Itamework ih81 has beèn applied in Ihgii preparation 15 applicable law and Uniièd Kingdom Accounting siandards. including Financlal Reporting Sl8nLlard 102 The Financi81 R&porting Standard 8ppli¢able In Ihe LIK and R6publi¢ ol Irgland (Uniled Klngdom Generally Accspled Accounting Praclicel. In our oplnion, lh8 fin8ncial s181emonls.' 91ve a true and lair view of tho slate ol the char41able ￿mpanY'S offalrs as at 30 Sep￿mber 2025 and of Its Incornlng resources and applical50n ol resources, for tha year then endod.. have b¢$n properly preparad In accordance wlth Uniied Kingdom Generally Ac¢gpted Accountlng Practlce., and hov8 been prep8red in acc¢rdanGe with the raquir8ments ol the Compani¢s Acl 2006. Ba•18 for oplnSon We conductel our audlt In accordanco wlth Internstton81 Standards on Audlllng IUKI IISAS IUKII 8nd 8ppIIc8t48 law. Our re5ponslbillll¢s under those standards aro further descrlbed In Ihts Audilors rasponsibllitles lor Ihe audlt of the finan¢i81 slalgm•nt8 $8Ctlon of our report. We are Indep•nd8nt of the company In acoordanctr with th8 èthlcBI requirements that are rolevanl lo our Budll ol the financial ststem9nts in the UK, Including Ihe FRC'S Ethical Sl8ndard, and w6 hava fulfill80 our oth8T •thicg1 responslbilltles In acwrd8nce with Ihèso r8qulr9m•niS. W8 bell8va thot thg audit gvid&iiGg we have obtained Is sufficienl ai)d appropri81tr lo provide o basis for our gpinion. Concluslony relatlng lo golng concern In auditiro tho fln8n¢ial si&iemenls. wè h8vg condudèd Ihol Ihe Dlr8Ctors' use ol tre golng concern bosls ol occouniiw in the prapar81ion ol lh8 fln8ndal stolements Is appropriale. B8sed on Ihe work we have performed. we have noi Idenlllled any malerial uncert•lnlles rel8tlng 10 events or condillons that. Ind￿￿1￿￿$11Y or colle¢tlvely, may ¢0gt significant doubl on the ¢ompany'g abllily lo conllnutr as 8 going concern Ic* 8 perlod Lsf al least tw#lve months from when the Ilnanclal $tatomenl$ are aulhorfsed foY13guo. Our re8ponslbilltles and the responslblllll88 ol Ihg dir?dors wlth rtyspecl to oolng concern ¥ro described in the rglevant sections ol this raport. othor Inforn)atlon Thè Olher inlomation comprises th? informalion Included in tha annual reptsrt other Ih8n lh& flnandal stalemgnts and our auditor's report t￿er@¢n. The direclors are responsible lor Ihe other inform81ion ¢onlained wllhin the annual Toport. Our opinion on Ihe financial $18lements does nol cover Ihe other informalion and we do not ¢XPT8SS any form ol assurance ryjnclusion Ihereon. Our rasponsibilily is 10 lead Ihe Qlher inlomalion arid, in doing so, consid8r whether Ihe olher Information 15 malerially in¢onsislènl W￿1b th¢ finan¢i81 si8iemont5 Or our knowltrdgo obiained in the course of the audit, or othetwise appears io be materially ml$slated. If we identlfy Such malerlal incon5isienoSes or apparent malerlal mls5tat&menls, wt are required to delermino whtther thSs glve8 dse to a msterlal mlsslatemenl In the flnanclal stalernents Ih¢mselves. If, based on Ihe work we have perforrned. Ive conclude that there is a material mlsstatement ol this Other informailon. we are rwuired to report that fact. We have nothing to report in this regard. M8tt•rs on whi¢h we aro rèqulred to report by exc•ptlon We hav6 nothing lo report in rosp¢¢t ol Iha following matiers in ralalion to which the Charilias Accounts 8nd Rèports Regulations (Norlhern Ireland) 2015 requires us to report lo you il. in our opinion.. the inlorm8lion given in the financial slat8menls is inconsistent in any material respect w￿h the Directgr5' report., or sufficlent accountlng records havs not been kept.. of the financial statements are not in agreemEnl wlth Ihè 8ccountlng reGords'. or we have not r￿1Ved 811 lh8 information and explanations we require for our 8udit.

THE ULSTER YOUTH ORCHESTRA INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE DIRECTORS OF THE ULSTER YOUTH ORCHESTRA Responsibilitie8 of drrèctor• explain8d more fulty in the stat8m8nl of Diroctorg, responsibilities. the d4￿ctOrS are responslble fr)r the preparaiion ol th8 finanual $18lemenls and for being saiisfiad thkt Ihey give a Iruè and fair vi8w. and lor such Inlernal control as the direclors d$iermln is n8ces8ary lo 6nat4a th¢ preparation ol financial statements that are freo Irorn materi81 misstalernenl. whtsiher due 10 fraud or error, In preparing Ihe financial slaiemèni$, thtt direclofs 8re responsible Ipr 8ssessing the company's ability io continue a8 0 going concern, disclosin9, 8$ applicable, rnattors rel$igcl lo go5ng concern and tssing Ihe going concern basi5 of accounting unless Ihè dlr6clors ellher intend lo Ilquidate the charllablo ¢ornpany or Io ¢o8s8 operallon$, of have no reall8lic 81tomalivg but to do so. Audltorfs r•sponolblllt1è8 tor th• audll of thè Ilnancial •tatemènt W8 hav8 b8en appolnled as audltors under $8ctlon 65 of the Chadts'gs Act INorthgTn Ireland) 2008 and report In accordance ￿th the Act and relevant 16gulslions mad6 or havlng 8ffect thefgunder. Our oble.ctiV8s 8re to obtaln reason8ble 8gsur8n¢e about wh&lher the flnonclal ststements as a whole are free from mgterial mlsstal¢ment, whether due to fraud Dr error, ond lo Issue an 8udlttsr's report Ih8t Includ85 our oplnlon. Reasonable assurance Is a hlgh lev81 of assuran¢8 bul is not 8 guarantee th81 &n audit conductvjd in accordanc8 wth ISAS IUKI w41 aJv48y5 rjelecl a m8terial mlsstat•menl when it exlsts. Mlssiatements can arlse from fraud or error and are consldered materlal If. Indlvidually or in the aggregate, they could roasonably b8 &XP8cl•d to Influgnce the economic decisions ol us8rs taken on thg basis of Ihes8 financi818ts18m8nts. Thè extent to vthi¢h our procedurès ar8 capabl8 ol d¥lecling Irreguladlla$, Inclu(Jlng fraud,19 d81èlled below.

THE ULSTER YOUTH ORCHESTRA INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE DIRECTORS OF THE ULSTER YOUTH ORCHESTRA Our approach to idèntifying and assessing th8 riyks ol mat6ri81 mis$tOt8mènt in respect ol irwularities, induding fraud and ￿on&coMpliance wllh laws and regulations, was a5 Idlows.. lh8 engagEmnl parin61 8nsurod that the 8ngagemenl l98m colloEtively had the approprlatp compel&nc$, cap8bililios and 8kills io identily or recognise non-complian￿ wilh appltcable laws and regu181ionB,' we identif￿d th law$ and regulailons applicable 10 Ihe company Ihrough discussions ivilh Lllroctors 8ndlor 38nior management, and from our commorciol knowledge and experience of the se¢tor', We fo￿Sed on specif4c18ws and regu181ion8 which we consldered may have a dlrecl moterial effect on lttè financi81 gtatemnts or Ihe oper811ons of Ihe cornpany, includlng Companies Act 2006, taxalton leglslatlon, data protectlon, •t)tl.brbery, omptoyment, &nvironrnenlal and heollh and $81ety18glslalign W8 asse55ed the extent of compllanee with the 1gw5 and r*gulatlons Idéntlfled above through maklng enquirtes ol managemènt and inspediny legal COTrespondence', and Identlfled laws ènd regulations were commvnic8ted wlthin tho audit team regul8dy arnd Ihe team r¢m8lned alert to Instancès of non￿mplIanCe throughout the audit. Wè assgssed the susc8Ptibillty ot the company's financl8181alèmenls to material mlgstatemont, includlng oblalnlng ar5 und8rstsnding ol how fraud might occur. by.. maklng enquirles of man8gemenl as lo whore they conslder¢d Ih8r8 Was SUSC8ptlblllty to fraud, Ihelr knowledg• of oclual. susp8Cted and allèged fraud.. and eonsld8ring the Inlèmal eonlrols in place to mllig81e risk8 of fraud and non-compllance wlth lawB and r8gulations'. To address thg rlsk ol fraud through m8nagem8nt bias and overrfdo of control8, we.. performed an8lytical procedures lo identify arTry unusual or unexpected ralalionghips.. le$t&d journal gntri85 to idonlify unusual transactions.. assessèd whether judgemènts and assumptions mada in dalwmlning thg ¥ccounling 8stirnales sét out In Note 2 We￿ indi¢81ive ol polenlS01 bias., and Inv&siigaled Ihe ratbnale behind 5ignificanl or LbnuBuo1 transactions; In respon88 to IA8 fSsk of irwgularitlos gnd nonacompll8nce wSlh laws and re9ul8tions, we daslgrnod procedures which induded, bul wor6 nol limit¢d to.. agreeing financial $18ièment disclosuros to underlying supporting documenlallon., rèading the minule5 01 mealin as ol Iho$e ch8rged wilh govern8nce, tnquiring of m8nagemenl as lo aclual and polential liligalion and ¢lairns', and ra¥￿WIng COr￿SpOndenG6 wilh HMRC and the company's legal advisors., There afe Inhefent IlmitaliDnS in OLir audlt procedures described above. Th8 more r•moved that laws 8n¢J r6gul81ions ar• from financial Iransaclions, the less Ilkely 11 Is Ihal we would become aware ol non-complian¢o. Audlting standards also Ilmll the 8udlt pr¢¢eduros requlred lo Identify noTr¢omplian¢e with laws and regulallons lo •nquiry ol the direelors and other management and the Inspection of regulalory and legal corrosponden¢e, if any. Matèrial misstatements that arise due to fraud can b8 hardeT to deted than those ihal arise from prror as they may involvo deliberate wncealrnent or collusion. A furthèr description of our resportsibilllies is avallablè on Ihe Finan¢ial Rèporting Council's wgbsite al.. htws."Il www.frc.org.uklauditorsresponslbllilie5. Thls deScrfp￿.0n forms parl of our audlto¢s roport.

THE ULSTER YOUTH ORCHESTRA INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE DIRECTORS OF THE ULSTER YOUTH ORCHESTRA This report is made solely to the charity's trustees, as a body, In accordance with part 4 of th8 chart￿e$ (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might stste lo the charitys trustees those mallers we aro required lo stale lo them in an auditors, raport and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's trustee8 as a body, for our audit work, for Ihls report. or for the opinions we have fomed. Angela Cral an Isonlor Ststutory Au for and on boh•lf of HM Charter•d A¢countants ..Il...l.S)2Q Chart•red Accountsnts ststutory Audltor 6th Floor East Tower Lanyon Pl8za 8 Lanyon Place Belfast Co.Anlrim BT1 3LP HM Chartered A¢¢ount8nts is eliglble for appolntment 85 auditor of the company by virtu• of Its eliglbllty for appointment 8$ auditor of a company under section 1212 of the CompanlesAcl 20C6.

THE ULSTER YOUTH ORCHESTRA STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unr•stricted R•stricted fund8 funds 2025 2025 Totsl Unr•strfcted Rostrlctod furtds fund$ 2024 2024 Total 2025 21124 Notss Ineorne and endowment5 from: DDnalions ènd18g8Ci85 Charitable activilies Invesiments Other Incom• 14.812 59,027 1,443 25.161 78,721 93,533 59.027 1,443 25.161 12,345 59,811 1,735 122,41 71.300 63,645 59,811 1,735 122,416 267,607 100.443 78.721 179,164 Total Incom• 196,307 71,300 Exp•ndltur• on- Ch8ri1abl8 aclivilias 188,009 113,112 78,287 191.399 g8.198 89,811 Total •xp•ndltur• 113.112 78,287 191,399 98,198 89.811 188,009 N•t Sncom•llexp8ndStur•l and mov•m8nt In lund• 76,206 2.245 111,0901 18,8451 83,19S 16,9871 ReconGlllatlon of lunds.. Fund balanc8s at 1 October 2024 79,171 9,882 89,053 76.926 20,972 97,898 Fund balance¥ #t 30 Sapt•mb•r 2023 162.386 2,895 165.261 79,171 9.682 89,053 Tha Statèment of fin8nelal activities includ08 all g8ln8 8nd10$8es recognlged in lh¢ year. All income 8nd &xpenditure derlve from conbnuing actlvwos. 10

THE ULSTER YOUTH ORCHESTRA STATEMENT OF FINANCIAL POSITION AS A T 30 SEPTEMBER 2025 2025 2024 Notes Flx•d as66t8 Tangible 2&8els Current 488et• Debtors Cash at bank and In hand 12 2,831 9.108 14 22.165 76,85rJ 172.451 172,451 99,015 Cr¢di¢ors: amount• falllng du• wtthln on• y••r 15 110.0211 119.0701 Nel currellt assets 162,430 79,945 Total &•s•t8 l•J current Ilabllltl•i 165,261 89,053 In¢om• fund• R¥strlcl8d funds slrlct6d f cls Desiyi)dtod funds Gen•ral unreBtrl¢ted funds 17 2.895 9.882 18 150,000 12,366 8S,000 14,171 162.366 79.171 165,261 89,053 The company is entitled lo Ihe exemption from thè 8udil Tequirem8nt contalned in section 477 ol th$ Companies Act 2008, lor th• year ended 30 September 2025. Th9 dir8clor6 acknowledge their r•spoN8ibililies for complying with th• requirem•nts of Ihe Comp8ni8s Ac12006 with r•specL lo a¢counlin9 records and Ihts preparation of linanual slalements. The members hmve not requlr?d the comp8ny lo obtain an audit ol Its fillancial statsments under the requlremnts of the CorTTrpanies kt 2008. fL>r Ihp year in qu89lion In acc￿d8nce wlttt section 476. These frnanGial statements h£v& been prepared In 8ccordance wllh the pro￿$10￿5 applrAble lo cornpanles subhect 10 the srnall eomp3nies regirne. Tha finanryal glalemants wèr9 approved by the Dirgctor8 on . Mr M MGK8vanagh Director Company Ro918tration No. N1051710 11

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountln9 pollclts 1.1 Accounllng Conventlon The aeccyjnts hav8 been pi6parad in accordance wlth the the Gompanies Act 2006 and "AccDuntlng and Rèportlng by Charities.. Sl3t•ment of R8comm6nded Pracbce appllcabl8 lo charitles Fffeparlng their accounts in aCc￿d3n¢e with the Financial Repcting stsndard applicable in the UK and Republic ol IrelanL1 IFRS 1021. 185 amended for accounting periods commencing from 1 January 20161. The Ulster Youth Gompany Is Public Bbnefit Enlity 8s definwl by FRS 102. Th8 company has taken advontaga ol Ihe provisions in the SORP lor charities applying FRS 102 Updatg 8ullelin 1 nol lo pmpar8 8 Sla18m8nt of CaBh Flows. The account5 are prepared In sttsrfing. whlch 15 thè functlonal currency ol Ihts company. Monetary 8mounl8 In theso flnarclal statemenls are roundad lo the neareBI £. The flnancl81 statements have boen prapared under Ihe histtsrical wst convenllon. The prlnclpgl accounting pollcles adopted or$ set Out b810w. 1.2 Golng concfjrn Th8 charrty roportèd nel Income of £76,208 lor Ihe year, of wlwch £83,19S nel Income rolale(J lo urrestrlcted fvnds. At th8 y8ar end the charity hald unr•strict8d funds of E162.366. The dir8clors havè prap8red proj6¢li¢ns and, hovin9 consldored the circumstancos outlined obovo. Are ol the viaw th81 they hav¢ $gcured $ufficitrni funding to 8nsure that the company can continue to trado lor tho nexl 12 monlhs. For Ihls tsasc thoy continu9 to adopt the ooin9 concern b851B in proparing Iho financial stst8manis. 1.3 Charltablg fundj Unrestricted funds ar8 avallablo for use 81 Ihe dl$crBlion ol Ihe dlreclors in furtherance ol Iholr Charltsbla objeclivas. R$$tricled funds are subject to sp8cifl¢ condltions by donors or granlofs 8S to how they may ba usad. Thè purp)8e5 and u588 of the restricted ftsnds ars sel out in the note3 to lh8 lknancial sl8tem?ntS. Endowménl lund$ are 8ublect lo speciflc conditions by donorg that the capital must be mainlalned by th company. 1.4 Incom• Income Is ￿￿gnised when the company Is legally enlllled lo It after any p8rformance condidon5 have been met. the amounts can be m¢asuTed ￿lIablY. gnd rt Is Probable tho1 in¢x)me will be r&celved. Grants and donations are cradl1￿ to incoming rfrsourcès on Ihg •arI￿r dat8 ol when they ara r¢¢ved or when Ih&y arè receivable, unless Ihey relate to a sp*cifpd lulur¥ p8dod. in whlch case thay are deferr&l. Gr8nts 8nd donations which have been restrictèd for use by the donor or which relale lo capital expenditure aro treated 3$ r¢slrict8d income and are cr6(5ited lo the Statement of Financial Activilies when Ih•y are receivable and when any performance conditions altached 10 the granl or donation have bèen met. Le9acies art recognised on rèceipt or otherwise if the Ulster Youth 0￿h￿Stra h88 be8Tr notllied of an impending distributton. the amount Is known, and r8coipI s expect8d. If the amount is not knolvn, the legacy is treated as a contingent a8set. Incorne from charitable activities indudes all incorning re8ource8 gen8raled from 8uéition fee¥, course fe98. performonces ol orchestra and other sundry Item5 arfsing from the charftable 8ctiviUès of the organisallon. All income is recognised in full In the Statement of Financial Activllie5 when recoivable.

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2025 A¢countlng pollcleg IContlnu•dl Incorne from other trading actlvalos Includes all IncomSng r8sourc98 frorn the sale of Ulster Youth Orchestra branded hoodies and t-shlrt$. All incom6 is recognised in lull in the Staternenl of Flnancial Activities when r8ceivable. Inveslmanl income Is recognSsed when recelved 8nd 15 allocated to the gppropriate fund. 1.5 R•8oiirc•8 •xp•nded Expendllure Is recognlsed On￿ 18 a legal or conslwcfjve obllgatlon io transler economlc tienefil to 8 third party, it is probab￿ that a Ir8n3fer of economic benefit5 wlll be r6qulred In settlernenl, and the amount of the obllg8llon can be measured rellabty. Expendllure 15 classilled by Bcllvity, The costs of 85th acuvlty are madè of the lot81 of dlrect costs and shared costs, including gUPPOrt C0518 Involved in undertaking each activity. Direct costs attributable 10 8 sin9le 8clivity aro allocated directly to that activity. Shar8d co8ls whlch contribute to rnore than one activity 8nd support costs whlch are not att+ibul8blg lo a glngle aclivlty are 8PPOrtioned betwe8n thos8 activllles on a b3si8 consi8t8nt with tha usè of rgBoufc8s. C8ntral stsff costs arè allocated on th8 b8818 01 lime spent, and depracialion chargas arg allocated on th& portion ol th8 ass8t's usè. Thls ¢¢rnprises all resgurces 8pplS•d by the charlty whon worklng to me8t Its ch8rll8bl8 objectlves. This Indud6s $upport costs allocat8d lo actlvllla$ on the ba813 of Ilmo 9PoTh1 those actlvltles. Support cosls ar• Ih03e costs incurred direcuy In support of 6xwndllure on th8 objects ol Ihts charlly and Include the costs ol mallllalning tho office. Govèrnanc& e0$15 are Ihoso incurred in connecllon with lh8 adminlstrallon ol Ihg ch8rlly and ￿MplianCe wlth constilutsonal and slalulory requlrernents. All expen¢Ylluts Is accounlèd for on an accruals ba81$ 8nd has boon cl858ined under hoadlngs Ihal aggregale 011 costs related lo the cal&gory. 1.8 Ta[)gIb￿ flx•d a•s•ti Tangiblts fixed asstrts are Initially m8a$urod al c061 and 9ub8equenlly mea5ure¢J al c081 or valuauon, not of depreci&tlon ancl any ImpaiTmgnt10gSaS. DeprecialSon is recognised so as lo wri18 OH Ihe cosl or valu8Uon of assets less their residual valuès ovgr Iheir useful livo8 on the lollowing bases.. Fixtures and litting8 20Wll S￿Ight line The galn or loss arislng on thè dlsposal ol 8A 858et Is determined as the differonce between the sale proceeds and the carrying valu$ of the assel, and is recognised in th$ st8lèmenl of nnan¢ial acbviiles. 1.7 Irrp•irment ol flx•d ass•ls Al each reportlng ond dale, the Company revlews Ihe ¢8rrylng amounts of115 t8nglble 85sets to det9rmine whelh8r there is any indication that those asse￿ have suffered an impalrm8nt loss. 11 any such 5ntJi¢dliorb exists, the recoverab￿ omounl ol asset Is 8Stlrnated In order lo delemilne the extent of the Impalrment loss Ilf any). 1.8 Cash and cash •quIVa￿nIS Cash and cash equivalents includo cash in hand, deFO81ts held at Cg11 with bank5, Qther short-tem liquid invgstrnents with original maturiti85 01 three months or18ss. and bank ov8rdrafts. Bank ovèrdrafts are shown within borrowings In current liabilities. 13

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountlng pollclos IContlnu•dl 1.9 Flnanclal Instrum•nts Th8 company has elected to 8pply the provislons ol Saction 11 '8asic Flnanci81 Instrument6. Sactlon 12 'Olher Flnanck41 Instrurnenls Issues, cf FRS 102 to all e¢ its financSal InstrLtments. Flnan¢ial instruments are recognlsed In Ihe companys balance sheet wtten the company becomes party to Ihe contractual provI5Ions of th& inslrum6nt. Fin8nclal as88tg and liabililitss are off9è1. wilh th• nal 8mounl8 pr•Bent8d in the linanci816tatemenl8, when there is a leg8lly anforc88blg right 10 $61 off th8 recognised amounts and ther8 is an Int8nlion lo Jettlg on n81 ba818 or lo raalise thg ass8t and getlle the liability $multsneously. 8osl¢ Ilnancl41 $s•ts Basic fin3nci81 assets, whlch Includ8 d8btors and cash 8nd bank balancos, arg In5tlally measurad at transaction price including Ir8nsaclion cosis and gre subsequ8ntly carrled ot 8morllsed cost using th& effectlvt Inte￿$1 method unless the arr8ng6menl eonslllutes 8 fln8n¢lng ITansacllon. where the trans8cllon Is measured 81 the pr8$enl v81ue ol tha future recolpts dlscouftled at 0 market rate ol Intere81. Flnonclal assets cl8$slfled as re¢olvabl8 wIINn on8 ygar ar& not amortlsed. Ba$1¢ flnanclal Ilablllii•s 885ic financial limbilllies. Including creditors 8nd benk lobns ar8 initlally re¢tsgniyed al Irai)saoknon prlce unleJ$ Iha arrangern¢nl consty'lut6s a finaneinq 118ns8Ction, whgre lh$ debt inslrumgnl Is measured at tr)e PTes¥nt value ol thè lulure p8ym8nls diseounlo(1 91 a market rat8 01 inl8r•st. FinancAal Ilabilili65 ¢lassified as payable wilhln one year ara not amortiged. Debl In8lrumenl$ are 5ubseouently Cgfrled at amortlsed cost, using the $ffeotivt Interest ratè rnetrod. Trade ttrèdilors ere obligatlons to pay for goods or 8ervic88 that have been gc4uired in Iha ordinary courso of opeTallons from 5uppllors. Arnounis pay8b18 Bre cl8sslfled as current liabllltles 11 payment Is due wllhin one year or lejs. 11 nol, they are presented as non-currenl Ilabililies. Trade credStors are re¢ognl$&d inllkglly al IT8n$actlon prl¢e 8n¢J subsequently rneasured 818mortlseé Cost vsln9 the ett$etSve Intorest rnelhod. D•rncopnlllon of )Ynanclal Ilablllil•s Financial Iiabililies are derecognised wh8n the cgmpany's contractu81 obligalion8 expire or are dlschar9d or canc•118d. 1.10 Employ•• ￿n•fItS Th8 cosl of any ullusgd holiday entitlernenl Is r8cognised in the perlDd In which the èmployee's services are reeèived. Termlngllon bgn6fits are ￿COgNised Immedlatdy as an 8KpèThse when the wmp8ny Is demonstrably ommltted io t8milnats Ihe employment of an gmploy¥e or to provlde lermlnatlon b8nefits. 1.11 R•llromènt b0n*fit8 Payments to dèllned contribution retlrement b8n8fit 6¢hem9s are charged as an expense a6 thèy fall due. 14

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Crltlcal accountlng •StJmat*s ondjudgements In Ihg appllcalion of the compBny's occtsunlino poli¢les, tho dire¢turs arè rgquired lo makè judgements, &stimales and a55umptior4s about the carrying amount of a55els and Siabililies that are nol rèadily appar&nt from other sources. The estimates and associated 8ssumplioTrs are based on historical experience ond other laclors that arè consid8red lo b8 relewant. Actual r8suIts may differ from these estima(8s. The estlmates and underlyln9 assumptions afa rèvlèwed ¢n 8n ongolng basls. Revislons to accouniing e8liTn8les aro recognised in the period in which the estimo1& is revised wherè Ihè revisi¢n affeets only Ihol padod, or In thts period of the revlslon and future periods where iho revision affects both ￿rrant and future pedods. Incom• from donallon8 and 1oga¢lo• Unr••trlct•d R•strlcl?d fund• funds 2025 2025 Total Unr•strlrt•d R•$trSctgd funds lunds 2024 2024 Totsl 2025 2024 Dong1I¢)ns and g1ft8 Gr8nt5 10,690 1,655 10,890 72.955 9,852 4,960 9,852 83,681 71,300 78,721 12,345 71,30LI 83,645 14,812 78.721 93,533 Ch#rftabl• 4ctlvltl•g 2025 2024 Box offlc8 Income Mtrrnbers, fees 6.858 52,953 4,675 54.352 59,811 59.027 All income from charitable adivilies Is unrestricted in 2025 & 2024. Inve•tm•nts 2025 2024 Intgresl rerievable 1.73S 1,443 All investment Incom¥ 1$ unreslrfcted in 2025 & 2024. 1s-

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 othèr Income 2025 2024 Olher incoma 122.416 25,161 Other income IndudeB £118,04912024- £22,184) respect of Orchèstrg 18x relief. l Othèr Ineom8 15 unre8trict8d in 2025 & 2024. Exp•ndlture on ¢harltabl• Actlvltlès 2025 2024 Depreci8tlon and Imp8irrnent Dirg¢1 costs and ovarheads 7,246 135,478 11,551 126,gS4 142,724 138,505 Share of support costs (sèe noig 91 Sh8r8 of govem8nce coslg Is89 nota 91 46,375 2.300 47,204 2,300 191,399 188,009 Anlllygls by fund UnrestrfGled fund$ Reslricted lunds 113,112 78,287 98,198 89.811 191,399 188,009 Net mo¥trm•nl Sn funds 2025 2024 The net movem8nt In fund$ is $tBted 8fter chargingllcradSllngl-' Fees payable for lh8 audit of the charitys financial slalements Dapreciation ol owned tBngiblg flxod assgls 2,300 7,246 2,300 11,551

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Support costs Support Govamanc• costs cot 2025 2024 Staff Gosts Offic8 overheads 37,644 8,731 37,644 8,731 38,712 8,492 Audit fa88 2,300 2,300 2.300 46,375 2.300 48,675 49,504 Analysed between Ch8rit8ble acllvllles 46,375 2,300 48,675 49,504 Govamance costs includ88 paym6nls to the auditols of £2,30012024- £2,300) for audit fees. 10 Dlr•ctors Non8 of th8 diie¢lors lor any pgrsons cY)nnoclèd wilh th￿) r8ceiv8d gny rèmun8ralion or b8n8fiis from th8 ¢omp8ny during the year. 11 Employ•o• The average monthly number of employees durlng the year wa3.. 2025 Number 2024 Number Employmeni co•tg 2025 2024 Wages and s8lari8$ Olber pensitsn cosis 33,794 3,850 33,287 5,425 37,644 38,712 RomL•n•ration of key manag•mont p?r8onno1 The total amount of employee bgnèfits r8e91v8d by key managernent pgrsonn81 in the perlod was £37,644 12024. £38.7121. The charity conslders its k¢y management personnel to b¢ the Orch¢$tra Manager and the Administrative Ass1Stant. There We￿ no 6mployee$ whose annu81 remuneration was more than £60,000.

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 12 Tangible fix&d assets Flxlumi and fltting Cost Al 1 Oclobgr 2024 Addltions Dlsposa15 57,756 122,4921 AI 30 Sepièmb8r 2025 36,232 Deproclatlon and Impalrment At 1 Octobar 2024 Deprèciation charg8d in th8 yaar Ellmlnaled In mspect of dlsposals 48,647 7,246 122,4921 AI 30 S&plèmb8r 2025 33.401 Carrylng arnount At 30 Sèptèmber 2025 2,831 At 30 S•pt8mber 2024 9,108 13 Flnan¢l41 In•lrumant• 2025 2024 Carylng amount of flnan¢l•l Ilabllltl•¥ M¢aBured at amortSsad cost 10.021 19,070 14 Doblorn 2Q25 2024 Amounts falllng du• wlthln on• y••r: oth8r deblors 22,16S 15 Credltors.. amownts falllng du• wlthln on• y••r 2025 2024 Accruals and dtlarred Income 10.021 19.070 18 RotlMm•mt b•ngfit sch•mos 2025 2024 Dèflned contrlbutlon $ch•m•s Charg8 lo profit or108$ In resp8Ct of delin8d contributson 8chem8S 3,850 5.425 18

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 16 Rotirement b8n8flt schem85 Icontlnued The company op8ialas a defined eonlrfbullon scheme. The panslon cost and tharg8 repTe8ents conlrfbutlons payable by th8 company lo the fund amounted to £3.850 12024- £5.425 1. AI 30 S&pt8mber 2025 £283 contiibution8 were payable lo the fvnd12024- £Nill. 17 Re8trlct•d funds The festricled lunds ol the charity comprise the unexp&nded balances ol donations and grants held on Irust subject lo spocific condillons by donors as lo how they may be used. At 1 October 2024 Incomlng r•iourc•8 Resourcex At30 •xpend•d S•ptemb•r 2025 ACNI ACNI Capital Ulster Gardon Villag8s Belfast Clty Counol Enkalon Foundallon L8vothulme Trust 55,702 968 155,7021 17,1651 1800 16,3301 12,0001 ie,3001 9,082 600 2,8g5 6,330 2,000 6,300 9,882 71,300 178,2871 2,895 Prevlous y•ar'. At 1 October 2023 Incomlng ro¥ouree RoBources At30 expBnd?d Soptember 2024 ACNI ACNI Capital Garh'Eld W$lon U15ter Garclen VilL9ge5 R8dcliffe Trust Enkalon Foundalion Arts & Business 57.727 157,7271 110,2901 115,0001 18001 12,5001 12,0001 11,4941 19,372 9,082 15,000 1,600 800 2,500 2,000 1.404 20,9T2 Y8,721 189,8111 9,882 The ACNI, G8rftéld W8Ston, Foyle Foundatlon, Nl Op8ra and Belfast Clty Councll fvnd8 rèpresent granis received towar(15 corE programming costs of the Orchestra. The ACNI Capital fund represents grants received from the Arts Council of North&rn Ireland towards th8 purchase of mu81C81 instruments for the Orchestra. The Ulster Garden Wllag6s award represents a grant r8ceived towards the purchase of muslc81 in9truments for the Orchestra. 19.

THE ULSTER YOUTH ORCHESTRA NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 18 Unro8lrfct•d lunds Th& unre$lrtcted fullds ol Ihe eharity compri88 tho un8xp8nd8d balancos ol donations and grants which ar not subject to speGific condtlions by donors arid grentors as to how ihey may b8 used. These include dasigna18d lunds whth have be8ll $91 aside out of unresirictèd funds by INslees for specifi¢ purpo$&s. Tran8f0rs At30 Septomber 2025 At 1 Odob•r 2024 Incomlng reaourc•s Resourc8¥ •XP8nded Cash Ilow reserve Orcheslra Tour R988rv8 Genaral funds 65.000 115,0001 100,000 185,0001 50,000 100.000 12,366 14,171 196.307 1113,1121 79,171 196.307 162.366 Rosourr•• •xpend•d Trangfer• A130 S•plofflb•f 2024 Pr•vlous y••r: At l Octobor 2023 Ineomlng r•sour¢o* Cash flow resarye General funds 85,000 11,926 85.000 14,171 100.443 198,1981 76,926 100.443 198,1981 79.171 19 Analy$ls of n•t a•••t¥ bth•en fund• Unrè8twlct•d RoStrtet•d fuTrd$ funds 2025 2025 Total Unrosldclad funds 2024 Reslrlclod lunds 2024 Totol 2025 2024 Fund balance$ at 30 S8Ptember 2025 are represented by.. Tanglble assels Current asselsllliobillliesl 2.631 2,831 162,430 9,108 773 9.108 79,945 162,￿8 79.172 162,366 2,895 165.261 79,172 9,881 89,053 20 Contlngent liabllltt•s At the reporing end date the company hBiJ tot81 outstandng ¢ommiThen15 lor future minlmum lease p8ym8nt8 under non-¢ancellabl8 operating leases, whlch fall du¢ as follows". Withln one ye8r £4,803 12024- £4,803), wllhin to flve years £NII12024- £Nill. 21 Relatèd party tr•nsoctlon$ Ttt8ie were no disclosable r81ated parly transactions durin9 the ye8r12024- non8). -20-