ANDfi RSON.STOWN TRAJ)JTIONAL & CONTF.MI)nllAIIY
MUSIC SCIIOOL
FINANCIAL STATF.MlI NTS
FOII THE YEAII ENDED 31ST MARCH 2026
I A COMI'ANY LIMI'I'I,'I) HY GUAIIAN'I'LE AND NO'I. IIAVING A SIIAIIL CAI>I'I'AL)
COMPANY REGISTRATION NUMBER NI 036660
CHARITY IIECISTIIATION NUMBER NIC 103431
O'HARA SHEAREII
CIIARTEREI D ACCOUNTANT.S AND STAI'UI"OIIY AUDI'I"ORS
547 FALLS IIOAD
BELFAST
BTI 19AB

ANI)LI IISONSI'OWN TRADITIONAI. & CONTEI MP()IL41IY
IU.SIC. SCIIOOL
Ir4ANCEAL S'I'A'fbMLN"I'S
riOR THE YEI AR fi.NDEt D 31ST MARCH 2026
CONTEI NTS
Members and Prolessional A(IvisuT5
Tivslees Aniiiial Rcporl
(incliiding the Sialenienl of DirectOl'5 R¢sponsibRlitics
in I'i.spe¢l ol- fiiiancial slalciiicnls)
Repoi'c of the Ind¢pendent Auditors to the meinbe￿,
Accoiinling Policie5
12-14
8iateinenl of Financial Activities (in¢orpordlii)¥ Ihe income and expendilure ¢iLLoun
15
BulanLC Shcel
16
Sialemeiit ot Cash Flows
17
Noles lo Ihe Finaiieial Siaiements
18-23

N￿ERsoN￿OWN TRADITIONAL & CONTEMPOIIAIIY MUSIC %Clln()L
REPORI. or TIIE DIRECTOIIS AND FIIYANCIAL s-fA'I'LMbN"I'.4
FOR TFIE YEAR F.NI)ED JIST MAIICII 2026
OFFICF.RS AYD o'rTriri R INFOIIMATI()N
Directoi's
0 1S¢iison ILhair}
V Quinn (Trcasiirer)
P I'oliill IResi8ned 1310112026)
G Eiajasinbih Jo%epli IRe5i&iiied 13101120261
N O'Donncll IResi¥neil l)10112026}
T Giliiiore
Conor mcK￿Y
Coiniiany.Seci'elAI'y
Loiior M¢Kav
Re¥i5tei'ed Office
Weslcourt Ccntre
8-30 Bari?ck StrLXt
Belfasl
BI'1?4AH
Aiidilui.
O'l laTa Sliearer
ChdrlLfLYI AcLuunlanis
& Slc1111fOry Audilors
547 Falls Road
Belfast, BTI19AB
Bank of Ireland
20? Athrs(Jii.%town Road
Belf￿1. BTI 19EB
Company R¢gi.%trgti(bn Nuinbei.
Nl 036660
Cliarity Regi5ti'#tion Number
XR 33007
Cliarily Coniiiiissioii fni- NoE'thern li*14n(l Registrntion Nurnbcr
NIC 103431
Rcglst¢i'¢d Clithi'lty Nanie
Anthtsonsiown Tr8diiiotial & ConlenipofaTy Music S¢liool
Page I

ANDEI RSONSTOWN TRADITIONAL & cowfEMPORARY MUSIC SCHOOL
REPORT OF THE TRUSTEES AND FINANCIAL STATEMEwrs
roil THE YEAR ENDED 31ST MARCH 2026
Trustees, Annual Report
The Trustees, who are also directo￿ for the puryx)ses of company law. have pleasure in
presenting their annual reFQrt together with the financial statcmcnls of the charity for the year
ended 31 March 2026 which are also p￿pared to meet the requirements for a directors, report
and accounts for ComparÈies Act 2006 purposes. The Trustees confirm that the financial
statctnents comply with the requirernents of the Charilies Act (Northern Ireland) 2008 and
Accounting and Reporting by Charities.. Statement of Recommended Praclice which applies
lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of [￿land (FRS 102) (effective l Januaiy 2015).
Reference & AdtDilliStrative Details
Refercnce and administraliv¢ details ar¢ shown in the schedule of and professional
advisers on page l of the financial statements.
Dire¢tor5 and Truste¢s
The direclors of Lhe charitable company are Ils t￿￿tee5 for the purpose of cl]￿-ity law. The
Directors and trustees who served the charity during the period were as follows:
Olive Benson {Chairperson)
V Quinn (Treasurer)
Conor McKay (Secretary)
Pei1rse Tohill- rebigned l3101r26
Goldston Rajasingh Joseph- resigned 13101r26
Niamh O'Dotmell - resigned 1310 Ir26
Tyler Gilmore
Structure. Cov¢rnaDc¢ & M¥nagemeDt
GovLrning Document
Tlie charity is conlrollcd by ils governing document, a Memorandum and Articles of
Association, which was last amended at an EGM in October 2009. and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006. Each member has
agreed lo contribute £1 in the event of a compulsory winding up. It is registered as a charity
with the Charities Commisbion ￿1).
Appointment of Trustees
The Board of I"rustees is reswnsible for the overall govemance of Ilie charity. Truste¢s are
elected at the Annual General Meeting by the mem1￿rS pro8entand the totsl numberof Trustees
shall not be less than 3.
Trustees shall hold o￿lCe until the next Annual General Meeting following hislher
appointment. A retiring Trustee shall be eligible for r¢<le¢lion.
The Tru5tecs shall have the power at any time and ftotn lillke to lime lo appoint any person lo
be a Truslee, either lo fill a wual vacancy or as an additioi) lo the existin8 Trustees. Any
Trustee so appoinl¢d shall hold o￿lCe until the next following Annual General Meeting and
shall then k eligible for election.

Despite severnl Board recruitment Campaigns to address Succession planning, we were
Linsuccessful in recnjiting any new Trustees with Ihe.skills and necessary experience lo succeed
the positions of ChaI￿)e[Son and Treasurer and enhance Ihe future deveLopment of the School.
Ti'utptee Induction Training
New Trustees undergo an induction to brief them on their legal obligations under charity and
company law. the Charities Commlssion guidarncc orn public ben¢fil, content of the
lemoraiiduni and Articles of Association. the IK)ard ol tnJst¢es and deci5ion-niaking
processes. policies and procedu￿. th¢ busiiiess plan and recent financial performance of the
charity. Tnislee5 are en¢ournged to attend appropriate external training events where tlie8e will
facililale Ilie undertaking of their role.
Orglinisation
The Board ol Trustees meet monthly and delegales certain iesponsibilities to 11)e Scliool
Manager. The School M&iagyer is rebponsible for the day-to-day managemeiit of the affaii's of
the charity and for implementing the policies and operdlional plans as agreed by the Board of
Truslees. Between meetings of the Board of Trusleeb. the S¢h(K)l Manager reports to the
Chairy)ei'son. Tlie School Manager is assisted by the tK)st of Project Dev¢lopmenl Manager,
full time Prog17llT]me Co-ordinator and a part time Administralor.
Related parties
None of the Trustees receive remuneration or other I￿nefit for their work as trustees with the
Charity. Any cotffteclion between a trustee or scnior manager of the chai'ily to related parties
must be disclosed to the full Board of Trustees in the same way as Any other contractual
relationship with a third party. There were no such disclosures in the ¢urr¢nl year.
Risk Mlinagement
Ttle Tnistees have a risk managelnenl strategy which comprises:
An annual review of the risks the charity may face.
The establishment of systems and procedures to mitigate those risks identified. and
The impl¢meiilalioii of procediires designed io minimise any potential impact on the
charity should those risks materialise.
In providing access and opportunities to people and children. the Clwity recognises that there
are polenlial risks to children Èind vulnernble adults. A key element in the maiiagem¢n¢ of this
risk is the establishment and implementation of a robust chart of policies and pi'ocedure5
inclilding Privacy Policy. Acce&8 NI Disclosure Check. Child Protection Policy and che renewal
and trainin¥ OF yldlT Jnd iutors in these areas. Online Protocols introduced in 20121 where
reviewed and maintained througboul the year.
The Tiwslees are satisfied that the n¢ce&sary policies and procedures are in place to safeguard
staff and participants. and ensure Ihai the ￿nefIts provided outweigh any ￿tential I￿rm.
The second main area of Risk Management has focused on the financial stability of the Charity
and lias i'esiilied in the Trustees invcsting in scenario planning in the event of possible futlire
funding reductions. A key element in the management of financial risk is via the reserves
policy and the Charity's ability to increase unreslricled reserves. To this end, as part of the
Charity's Strategic Plan for the period 2021- 2026. we will seek to secure at least three year
grdnl funding from aliemalive funders in order to give us the resources lo establish and deliver
new comM¢rciallsale￿Market[n8 opportunities and build and blend on activities and styles of
delivery.
Back in August 25. the Trustees mode the decision to Cease the activities of the Music School
at the end of Nov 25 and move for a voluntary windup (strike off) aftei- year end March 26.

This decision was not made lightly. After more than 30 years of providing accessiblc and
affordable music education aero&s Belfast. the decision to close was made followiiig significant
and sustained financial and environmental pressures. We were tsnsuecessful in securingy lonL'
Icrn] ftinding for our posts of Programme Coordinator beyond Sept 25 . full cost recovery for
the pobl of School Man<lg7er and Administralor.ftnd in year rising overhead costs. These factors
wei'e pi'ominent in our decision. Despite every effort to adapt and 5ccurc thc school's lon
lerni $us142inability. our ciirrent model of low cost outreach tuition was no loiiger sustainable.
Aligned with this, the intention of long standing Trustees lo niove on following year5 or
dedication as volunlary Board ￿eM￿r8 and several unsuccessfiil Board ircruitment
campaign5. effectively ruled out any succession options.
Objectives and Activities
The piirpose.s of the Charity are= _ (a) advancement of the arts and culture, parliculArly but not
exclusively the art of traditional and coiit¢mporary music- (b) advancemcnl ot. education,. (¢)
pIDinolion oFsuch other ch￿'Itable purposes as may from time to limc bc detcrmincd.
Tlie m#in activities undertaken in relation ¢0 our purposes
In planning the Charities programme of activities for the year. the TNstees have considered
tlie Charity Commission's guidance on publi¢ beiiefit including fee charging. Affordability
and ncccss lo thc programme is important and in setting the level of class fees, the truslecs give
carclLII Lunsiderdlion lo Ilie acLessibilily ofour activilies for tliosc on low incomes.
The focus of the Chai'ilies programme is to provide aETordable and accessible opportunities foi.
those living within disadvantaged areas of Belfast to engage and participate in niusic activities.
This is achieved through the provision of a rolling programme of Irish traditional and
coiitetnpoi'aiy music classes. workslHlPS. perforrnanccs and examinations. All of oui. class
activities wer¢ now being delivcred face-to-face for our beneficiaries.
During the year, our programme of activities delivered ID the period April - November
25, involved-
l. Musieal Instrumcnt CI4ss¢s:
Pursuing the Charity's purpose ot 'Advanccmcnl of the Arts & Culture. in total we deliv¢r¢d
426 tuloi'ial music classes beiween April - September '25. On average. class delivery eqiialed
10 33 classes per week tlial consisted olour own music class programme and service provision
class delivery. All of oiir activities were delivered in disadvantaged area5 of Belfast. Ovei?11,
257 individu1c1s engJged in our music classes, workshops, perforniaiices and other a¢tivities,
during tlie April- Nov 25.
2. Performances:
In Jiine, we delivered 3 end of terni perforniknce concerts in the outreach venues where our
lasses were delivered. Additionally. between April- November, we also engaged in a fui'ihei.
15 p¢rformanees dLtring commiinity lestival events and in the Kennedy Centre mall. The,%e
were pei'foiThed by oiir clas5 particitwlts, our main beneficiaries. and in total, approximately
50 paiticipanls look part iii these. We also provided a weekly series of perfomanees in Victoria
Square ￿]d in Hickson's Poin( (lotalling 56 over the period), that attracted in the region of
20,000 audience numbers and who eX￿rIenCed the beneficiaries showcase their achievement's
and talent.
3. Examinations:
Thi'ough the Charily's progratnme of activities. the 'Advancernent of Education, was addressed
via the provision of music classes. which are stllscttired lo follow the progressive syllabuses of
a variety of examinaiion boards. In June. 2 of our pupils engaged in accredited examination5,

via the LCM and RGT Boards {LCM for traditional inslnjmenls and RGT for contemporary
guiiar). Both passed, achieving Distinction awards.
4. Workshops:
During April - November'25. the Charity's workshop programme entailed the delivery of 22
music workshops. which were delivered in variou5 community venues. These included- Féile.
Voice of Young People in Care. and several Nursing Homes. Participants. caine fiDm loeal
and various culiiirdl l ethnic backgrounds. Parlicipaiils were provided with tin wlii511¢s,
bodluans and guitars. enabling them to leam. experiment and join in. These were designed to
en¢oui'age and inspire participation in the arts. Workshops were provided 'free ot charge., and
it is eslimaled that 250 individuals attended and iKnefiled Irom the worksliops.
Acliievements and Performance
The trustees conliniied to meet monthly, face-to-Fdce and also via Zoom whichever was most
conveni¢nl. Monthly Board Meelingys provided the forum for planning. timely monitoring,
evaluation and budgetary conlrol. Our manager provided monthly project updates to the Board
and any variation from the protrf)sed timetable was highlighted. The Board also reviewed how
the delivery of our programme was meeting our original targets and the needs of the
beneficiaries we serve.
Tlirough the Charity's 'Monitoring and Evalualion Procedures.. die T￿￿te¢S used infol￿atIOn
fi'om Registration Fornis, Aitendance Records. Questionnaires and Activity Data, elc. which
provided inforniation that allowed the monitoring ot class provision and project, progi'ess.
against the main thrgels on a terni by tenn basis.
These monthly meelings along with this monitoring & evaluation process highlighted falling
participaiit number5 and redii¢ed class pmvision and was a deciding factor in the decision to
cease the activities of Ihe Music School al the end of Nov 25 and move for a voluntary windup
(strike off) after year end Mai'ch 26.
Records of ExaTninalion Entrants, Grades and Pass Rates were updated and re￿)rted upoii lo
intum] the Evaluation Procedure. Participant and Audience numbers attending workshops and
performance events were ¢oll¢¢ted on a temi by tern] l ev¢nl by event basis.
Feedback from partlCiP<lnts wa5 reviewed througli
quesliomiaires. comment fomis.
interviews, etc. in accordance with the Charity's procedures. Feedback was also souglit from
a wider beneficiary group, e.g.: parents, community workers and Schools. this enabled the
Tii]stees lo identify the broader impact of the project on the community.
During the fuwThcial year 25r26, The School only operated activities between April-November
25. The table bclow shows the numeric comparison of activities and beneficiarics during 24125
and 25r26.
Actual Achievements for
2024 12025
(April 2024- March 2025)
971
47
52
12
566
20.O¢J)
Aetugl A¢hievementy fur
2025 12026
(April 2025- NovLmber 2025)
426
22
58
Music Classe5
Workshops
Pei'fonnances
Examination Entries
Participants
Audience
257
20,000

"I'lie niain benefits that derive froni the Charity's work and impact directly on the bencficiaries,
are..
In¢reiffj %ed Sliills And Per50nMI Development-
children and young people living within disadvantaged areas, have access and
opportunilies to participllle in affordable arts and cultural activities, where such
facilities and resouires would nol b¢ available.
develop practical musical skills.
leatn-work, self-discipline, Social skills., communication and respeLI ure encouraged
and enhanced.
encourages crealivily. raises ambition. irnproves confidence and 5elf-esteem.
our liitor• ¢ire supportive. give prnise. rea&sure and encourage Ihe ChIld￿n to progress
at their own pace.
Increased KdiielltlDnal and Employ#bility Opportunities-
participants g)ain accredited music examinations.
young people can dcmonslratc Ihcir ability lo apply thcmsclvcs ￿ a specific discipline
such as music and allainingy an Iiciredited qualifiL(Ilion slrengithens this - Loiitribuling,
to Ihcir eduLational and employment opportunities in their future.
a positive outcome of Icaming to play a musical inslrumenl, 'in the ￿tUre,, participants
are able to demonstratc that Ihcy have ability. disciplinc. confidence and skills that will
enhance opportunities wlien seeking employmenl or entry into university.
some participants progress to more advanced levels of playing and move OD to learn the
skills of leachin￿ and sharing their knowledge with others.
Improved Rel4ltionsliips ivith Fiimil)'• Friends i?nd Others-
ali oiilcoille of the Charity's activitie4 evidenced on the experience of our tutors, is that
yoiing people and children partlLipaling showed positive changes relative lo being
disnjptive, restless in class, mixing better, inleractive, attention spans and more
attentive.
onfirmed by parents. others showed positive changes within and outside of the home
MO￿ engaEemenL le&s introveLL better relationships, mixing with olheL3.
the Charity'5 programme of activities also impacts positively on young people,
especially those who demonstrate shyness: and as a result they are more confidcnt lo
e.xpress themselves and show-off their abilities to others, both at a ￿er level, a fatnily
wid wider public Icvcl.
the Charity's pn)gramme assisted older people lo strengthen social networks, learn
something new. build confidencc, improve opportunities to have fun, improve physical
and mental well-being.
Testimoniii Is from benefieiari¢s hearing about the sehool's closure:
"Many good years when my children w¢re younger, thank you"

"So sorry lo hear this. Donal lovcd his Tin Whistle classes and will really miss his
Saturday lessons."
"Very sorry to hear this. great work and dedication done over many Ye￿3."
"So sony to hear this. my son loved the past few yrs the￿. Thartyou for everyiliing
you taughl hiin & doiie for hts confidence, good luck to you all!"
"A real loss to the local community. l am so sorry to hear this."
6. "I'm saddened to hear this ncws."
7. 'This is awful news, this school had been part of my family's upbringing"
"Sorry to hear thisl I will keep beating my bodh￿.
"I wanted lo write to say how sad l am to hear the Andersonstown School of Musi¢ is
closing. My daughiei Aoife ha5 attended An Droichead for around eiglit years. The
classes have taught her tin wliistle. given her confidence to perfonn and nuitured a love
of traditional music. I would like to thank you and twticujarly Amy for your hand in
instilling that apprecialion of traditional music."
Financial Review
The charity achieved a nel income deficit of £35,262 from a lolal income of £86.712.
(For 2025.. Net income deficit was £4,154 from a total income of £164247).
Our prinuipal fuiiding sources were grants from the ACNI, Donnant Accounts Fund. Halifax
Foundation. Foyle Foundation along with sclf-generated income from Class fees. .8crvice
pi'ovision and fundrnising.
Pricing Policy
Oiir pricing policy reflects oiir strategy of enabling people iii Belfast. especially childiEn and
youftb people living within disadvantrdged areas., ￿ have acetss and op]x)rtunities to participate
in aits and cultural activities, al an atTordable price ottcrin&J value for money. Class Fees
remained at £40 per lerni. Attendance at conce￿, workshops and perforniances ￿'e generally
for free.
Reserve8 Policy
Utu'estricled funds are needed to provide ￿ndS which can be applied lo specific pi'ojects to
enable these projects to be undertaken at short nolice, to Cover the running costs of the Charity
for a limited period should there be a signifiwil shortfall in projected income and to allow for
investment in Changc/Strntegic Development initiatives.
Following constanl review of the School's unrestricted reserves throughoul the financial yeai.
25126, th¢ Trusiees were predicting a very real possibility of a negative unrestricted reserveb
position at yvar end March 26.
The failure to Secu￿ long term restri¢t¢d funding, and falling class participant numkrs leading
to a decrease in unrestricted income. along wilh other significant and sustained financial and
environmental pressures, lead lo the Trustees making the decision to cease the actlVLlies of the
Music School at the end gf Nov 25 and move for a voluntary windup (strike offj aftcr yeai. end
March 26. Therefore. these Financial Statements atE prepared on a 'Break up. basis.
The amount oFunrestricted funds held at 3 1st March 2026 was £0.00. (For 2025: £14,712).

Auditors
The services of O'Hllra Shearer Chartered Aeeounlants and Stalulory Auditors will be retained
throughout the strike off proce&8.
Smiill Comp￿nY ExemplioD
This report has been prepared in accoi'dance with the speclal prnvisions for small companies
under Part 15 of the Companies Act 2006.
R¢sponsibiliti¢.8 of tlie Trustees
The chai'ity li'ustees (who are also the directOf5 of AndeTsonstown Tradilional & ConlemporRry
Music Scliool for Ihe purposes of company law) are responsible for preparing the Trustees
Report and the financial $lalements in accordance with applicable law and regulations.
Company law requires the trustees lo prepare fjnancial gtalements for each financial year. The
I'iuslees pi'esent their report &nd the financitsl statements of Ihe ehariiy for Ilie year ended 31 st
March 20?6. The Trustees ¢ontirm that they comply with tlie requirements of the CharitlC5
Act (Northern IrelatKI) 2008 and Accounting and Reporting by Charities- St&tem¢nl of
Reconunended Practice which applies to charities preparing their accouThts in accoi'dance with
the financial Rew)rting Standard applicable in UK and Republic of Ireland (FRS 102)
(cffcclive 1st January 2015).
Under company law Ihe Trustees must not approve the financial statements unless they are
satisfied that they give a true and lair view of the state of affairs of the company and of the
surplus or deficit of Ihc company for that period. In preparing those financial slatemenls. the
trustees are required to:
Select suilable accounting polici￿ and then apply them consislently.
observe the methods and principles in the Charities SORP (FRS 102)"
make jiidLFemenls and esliliia￿S that ￿'e reasonable and prudent.
prepare the financial slat¢ments' on Ihe going eoncern basis unle&8 it is inappropriate to
presume that the ¢ompany will continue in busin￿.
Back in Aiigust 25, thc Trustees made the decision to cease the activities of the Music School
al Ilie end of Nov ?5 and move lor a voluntary windup (strike offj after year end Marcli 26.
Therefore, these Financial Stalem¢nEs are preparcd on a 'Break up. basis. All outs-lunding
debis, including final staff wages. pension liabilities. and creditor payments have been paid.
Remaining 8sse15 httvc bcen transfetted to other charities with similar charitable purposes
andlor in liiie with funder requiTemenls. The final accounts show a'nil balance, indicating that
all assets have been disposed of and no liabilities remain. Financial records will be retained
for al least 7 years after the charity clos&s. Stakeholdet¥ and funders were kept infom)ed
tlu'oughout the windup period and restricted funds used only for their spKeified purposes.
The finan¢ial slalemenls depart from accounting standards and the Cliarities SORP (FR.S 102)
and the Companies Act 2006, to the exlent necessary to give a true and fair view
The Tnjslees are responsible for keeping7 adequate accounting records that air sufficient to
show and explain the company's transactions and disclosc with reasonablc Accuracy Al any
lime the financial position of lh¢ LvInp¢iny and enable them lo ensure Ihal the IindnLial
statements comply with the Companies Act 2006. They are also responsible for safeguarding
the assets of the Company and hence fortaking reasonable steps for the p￿ventIOn and dclection
of traud and other irregularities
By order of the Trustees:
Valerie Quinn {Tre
Date: 0210412026

NDERSONS7'OIVY'I'RADII'II)Nill. & c-oKfEfvIVORIlRI'
fviiJ%ic' sciiooI.
FINAINCI,IL sTATEh.lE￿Ts
()ii-riib. Ytr.,Iii rN'DTr.i) Jl.ST 11,KRCII 2026
IIEPOIII. nF TIIE INDEPEIYDI.:Pq-I" AliDJ'I'I)R-l-O'l'llb' MTr.MllTr:IlS'
We have aiidiied Ilie financial stalcmEii15 ofAnders(Xislth￿ Tradiiional & Coniemwdry Music SclMx)I IilJe'¢hJriiy'l for Il
year ¢iiil¢d 31 March 2026 whiLh coillpris¢ Ilie Skniemeni of fityartcithl Acitvtli¥s. th¢ B.￿1￿￿¢¢ Shccl. Ihc Siaicmcni of C4sh
Floi¥s ond tlic iiolcs io Ilie financial Siaieinenis. iiicliidiiis a suinmiry ofsignifi¢ani accouiiliii¥ policies. llie fiii%iiicial
reporiin8 friliiieivork Ih<l1 hiis beeii applied in Ilieir prepil rnlion is applicable law atid Uiiiied Kiiig*doin Acco￿nI11)g Sii111dnrd5.
iiicludiiiui Fiiianciul Reponing Siandard 102 71Kfimiixi¢rf ReportlirySithxl￿d(Wp1iCIkn1¢ iIK• IJA R¢iwibliG ol'lreliiml
Iuniicd Kingdoln GLnLrally A¢¢¢wed Accouniithg Prac¢i¢¢l.
In opiiiioii. tlie fin4L1￿lal stAlements.-
stvc • Irue and fair vi¢w of lh¢ Slaie of Ihe Charilablc rompanl5 Bffair5 a5 al .1 l 2026 and of 115 Irici)min8
r¢50Urt¢s and ic ppli¢slioTr of r¢50Utrys, including lis iiicoin¢ and ¢.xpcndiiiire for Ilic yeaf ilieii elided..
havc bccn propcrly prcpuTcd in nccordancc wth thc financilll Rctthin¥ Standard applicablc iii the UK and
Repiiblic of Irelaiid IFRS 10?) leffcciive l Jajiauary 20151 ICThariiies SORP IFRSlO?11, the Piiiancihl Fitportlll8
Slandnrd applicable in the UK 8Jid Rewjblit ofirclAnd (FILS 102}'.
hav¢ bcrn prep&r¢d in acco¥dance iviih lh¢ ￿qUI￿￿e￿I$ of the Companic5 Act Th76.
B•sls fDr opiDIo
We coiiducied oiir audit iii accordance with liil¢nhilic￿2l Slandards on Auditlll8 IUKI {ISAs IUK}l aiid fipplieablc law. Our
reswnsibiliiies ihose $I￿ld￿r￿S ire further described in die Audito¢s resKM)nsibiliiies for ilie audit ofihe a¢¢¢)uiiis
srclioii of our rc5K>rl. We llr¢ iDdependenl ofthc ch￿ilY in accord￿7c￿ iviih the eiliical requireinents i1￿1 are r¢l¢valll lo owi.
gudit of Ilie accouii15 111 the UK, including Iht PRC"S F.Ibiral 8iuiidard. and we h4ve fulfilled our oiher ethical re$W￿SibIlIllrs
iii aLLoixldiKe wii11 Iliese re4iiireineiits. We belicvc Ihal ihc al￿11 evidciice iyc havc O￿ained is sufficicni aiid Approwiillc to
pIDvidL' ll basis fvr our opiniort.
Cojiclusioiis relTrliiig to going toncer
WL, iiiusi refer yoii lo ilie Slater￿ellI of Accwntbng PolKics Going CoKcrn N)t¢ a5 iyc reporf in f¢5p¢cI ufihe fi)Ilowiii&
Ivalltr$ in rLlaiion 10 which the ISAS (UK) require us lo rewt lo you where..
tlic Iru51¢¢%' ￿¢ of the goirkg con¢¢rn bosis ofoc¢tyiniinx in Ihe preparn1￿ ofihe financial sittteinenis is nol
opproprinie.. or
the Ir1151¢es hiive nol disc105ed in Ilie financial siaieintnis Sny ideniified niaiLrilll iineertaiiiiies Iliai niay tASl
sigiisficThiil doubt about Ihc Ghafity5 ability to continue lo a(k)pl ihe ￿1￿8 cothccni b#sis of iccounling fora period
of al leasi iwelve months fr￿￿ ihc dat¢ whcn lh¢ finHncial stal￿ne￿I5 arc auiljorised for issu¢.
Other infoi'niniioii
Th¢ oilicr iiiforninlion cO￿PriS￿ Ihe iDfvm8lin lrtclth in the 8nniial orli¢r Ihffn the financial siaieinenis and our
8udiloe5 report Iliereon. The Iru51ccs llrr rc5PTrV5iblE for Ilic oiher infMiiaiion. Our opiiii¢x) oil Ilic fill￿217¢101 siAtciii¢iits docs
nol Lovei. the oilJer tJ)fonnatioii and. cxGcpt lo Ihc CXl¢ni vthenyise expli¢iily stsied iii oiir retM)rf, w¢ do iioi cxprLSS aiiy foi'm
of a55vn#Le ¢on¢lll$ion Ihereon.
Iii conDtciiTh) willi oiir iiiilil ofihL, financial.%lalcmcnt5. ￿1r rE$N￿sibili1Y is kn tethd Ihe other infornialion and, iii doiii¥ so.
COll.4idL'r %¥lieiliL'r the oilier infom11i 111)ii is inaierially incoiisi51¢ni i￿117 Ihv finThncial stsienitiiis orrnit knowlcdLTrc vbiaiiied iii
Ihc aiidil or dlierwise aPP¢11 rs 10 bc malerially Inii$lalcd. If wc idcnlify such iThilcrial iknconsisiencies or appareni maieritsl
Inissial¢niciit5, we are irquired io d¢leri￿117¢ whether Ilicre 1% a maierial iiii551atcniriil in Ilic finJDcial $lalcmcii15 or o mThlcrial
missialciiiciit ofilic oihcr iiiforinalion. Ir, bas¢d on Ihc we hHV¢ pcrfnnncd. w¢ (¥)nclud¢ Iliut Ihrrc 15 a InHlcrial
mis¥lAiemenl of thi5 ￿lie¥ informati￿. w¢ are rcquired 10 rewttt IhAI fad.
We have n()Ihin8 lo reTM)rl iii this regard.
P4g¢ g

IlIYJ)LR.S1)
I)WN-l-IlIll)J'TI()YI Al, & C.'O%'-l-fr.MlbUIIAIII'
ML'SIC SCFIOOL
OR TIITr- I'P.,111 F.Ni l)b.i) JisI' r41.,KRCII 21126
RKlTrnll'l' nl. I'IIL IND￿.y￿.￿D￿'Y.l' AIJI)I'I'()Il'l-()'I'llb. Ml:. fvlllli RS,
Il¢i'¥ oti iyhich we Thre reqLtlrc(I lo report by excq>tio
In ilie lighi of ihe ktiowledge and undersiatMiiEh8 of ihe I'rusiee5 and ils ¢nvironm¢nl obiaiiKd iii the COUT5C of Ilic audit. I
hav¢ noi idcnlifid Jn8l¢rial ml551nle￿¢nl5 in th¢ Tn151¢cg R¢port.
We lillv¢ noiliiiikj 10 report in respcci of Ilic following mailers in relation ￿ which Ihe Companies A¢1 2006 rty¥irts v$ 10
report 10 YO￿ if. iii our opinion-.
511rriLicnl #LLOUJ)liiig records have lid b¢cii k¢pl',
Ilic Iiiiaiicial siaitmeiils arL in agr¢cm¢nl iviih Ihe ac¢outtling records-. ot
¢i'laiii di%closures of Ini$te¢s' Temut)etalioD SPEcified by IJIY Hrr ￿01 n)ade- or
we liave Mi received all the inforjnaiion and expianaiMWiS we wuire our audil.
Responslbllliles of tr￿$1¢¢$
As cxplaiiied murc flilly in the Sthiernenl ofTrustccs' Respon5tbilili¢s. lh¢ Irusi¢es, who are also the directors ofihe chariiy
for Ilie piirpose ofcompony law, are rcsponsible for ihe prcpAraiion of ihe fimneial siaieiiienis and for bcing Sl4 iisficd Ihal
Ili¢y give a Iru¢ aiid fair 14¢w, niid for SLi¢li ittiemial control a8 Ihe dirttiors deienntne is iiecessary io ¢nabl¢ th¢ pr¢p•rniioii
or rinauciol 51alcmcnls that ur¢ (￿¢ fmm mat¢rial misstsi¢meni. wheilier dtye 10 frnud ot error.
In prcpii riiig Ihc tiiiatsctal slnlciiicnis, Ihc Inistec% are rE5W)nsihlc for a55C55ing Ihc thariils ahilily In L(Mliiiiie as a ¥oiiig
CI)IILL'TlI, disLIu%in¥b ai)pli¢able. ii)aiiers r¢lThle(l io going concern and using Ihc 8oin8 conccni basi5 01.accoiiiiling unlc%%
the l¥u%l¥¥s eiihcr iiilend i() IiqLiiddlL Ihc or 10 tease (weraiions. or Ibave rcalislic alieriiativc bill lo do so.
Auditai s I'expun5ilJilitlC5 fui. the Audit ofthe financial stAtemen(s
Oiir objLclivcs ure Iv O￿llb￿ rew¢ nabl¢ assurance abo￿[ *heilier Ille flnancial slalcniL'iits ts a ivhule are free froin malerial
Inissiaiciiieni. wlieiher duc lo fraii(l ur crrur. an(1 i55ue ali avdilprfs rep¥t Iliai ioclud¢s our opithion. 11¢1¢ soij4bl¢' a5sufaJiLt
is a hi￿ level ofagsurniice. bui is Iiol A Liiiaranlec Ihal an audil cnllduded in aLcord3￿ce wilh ISA5 ILJKI ivill alivays dciLci a
material Dii551alLIDenl wlien li eiisis. Miss11￿ Icmctt15 Call iirisc fmm friiiid or error aiid are cixisidered Iiialerial if. i4Jdividiiiilly
oi. iii IIIC 41xgr¢xolc. Ihty wuld rei£ 5ofiably be expected lo iiifliicncc Ilic ccon¢MiiiC decisioDs ofv5¢r5 takeii Ilie basis ()r
Iliese finAnciol slalctncni5.
Irrcgii14ll'llir%, in¢liid¢ng frdii<l. i115lanc￿ of TK)n%ornpliancc with laws rexulaiions. We desiwi procedures in liiie %Yiili
oiir respoiisibiliites, oullined dtrA)VL, li) deleLI malerial lliiSSlHioii¢o1S Ilb rtswi of irtrgulaiiljes. ir￿ludi]I￿* fraiid. I'lie exlenl
lo wliirh our PTo¢¢dur¢5 art caprtble of deiectiTh¥ irregularilie5. irKluding [Ta￿l. is d¢iailEd ￿10￿.
Ir•iplaniiiloii As lu wh*1 exlent the All(lil was coiisidpred capablt ofdEietting Évregulai'itits. in¢luding fraud
The objL'Liives ofuvr Audii in Tespecl of fr#ud. Lre io iden(ify and ￿esS Ihe risks ofiiiai¢rial niisstsieiiieiii of Ilic fiiwn4ial
51aleiiieiiis di1¢ 10 fraud., 10 oblain surricieiil appropriate )udii evidencc Ihe ￿Sessed risks ofiiialerial niisslaiciii¢iii
di1¢ la fraiid, 11)r￿igh dcsi8nin¥ and implcmcnling appropriaie resp)nses io ihose llSSL'Ssed risks4 lin￿ 10 reswiid approiJrinl¢ly
10 iNs11¢ acc$ of Iriiud or.1iisp¢¢tcd frrkud idcniificd dvriijbp lh¢ audil. Hol￿￿er. I1￿ priinary reswisibiliiy for Ilie i)revei)lion
And deleclinn of frniid with EK*th management thos¢ charged wiib 8ov¢rnonce of the Chariiy.
Our appiY)ncli wlls as follows..
We O￿TrI￿¢d an un(terstandiiig of I1￿ kgal reyl&iory requirements apylicabk lo IlJ¢ charily ond ¢on5idLr¢d
Ilini Ihc illosl significani are Ihc Compaiii¢5 A¢1 21)06 and IhL' FinanLial Reporniiig Siandyrd applic￿ble Ihc UK
and ftepublic ofirelattd IFRS 1021 (crr¢cli￿ l Jalia￿ry 20151 laiariiies SORP11-.RS 10
Fnqiiiry of mniiagein¢nl. Ihox Charged iyiih B0￿M￿l(¢ aiid lh¢ etyiiils soliriiors aroiind o¢lual and polenlial
Enqiiiry of¢iiliiy iii eoniplianLe funci¥)rn$ 10 identify any insiances ofany I￿￿-¢0￿)vIl￿tt¢c iviili
re&Julalions.
Il¢vi¢iYin¥ fin<in¢ial siJleiFieiil discl(mires Ind iesiiii¥ io Sl4ipNling dttumenl￿•o￿ ¢0 as5¢ss coinplianGt iyiih
11p1)liLuble law5 r¢8ulaliahs.
Pa8¢ 10

ANDERsON￿.0wN'l.M￿DI1.lONAL & C.ON"I'EMPQRAR
fvILISIC SCIIOOL
FOII'I'IIE YEIlll ENDLD JISI- NIAIIC."112026
Aiidrtin.4 ihc Tisk of n7RnuBciiicni override ofer￿1￿0￿. includinR 1hr￿tgh tesiith% jounial eniitts a*d oihcr
adjiJ51ineiils for approprÈ*ien¢ss. and evalu31itt¥ lh¢ busil￿5$ ralioiial¢ o(5i¥nif1¢3nl Ira115Trcli¢Jns oiilsidc Ihc
Morinal course ofbtssiness.
As nf Hii audxl in acrordanG¢ wilh ISAS (UK} ￿ excrcisc professional judge11￿￿1 and Inaiiiiaiii profesSi￿1a1 scepiieisir)
lhi￿lI￿VIl￿ul Ihc dudil. Wc also..
Ideiilily and thsses% the risks nf maicrial missiaiem¢iii of Ihc fiii4inciil sialeincni& wlieil*t due 10 fraud or error.
desi￿ dii<l perfonii al￿11 procedU￿S reswisive 10 ihose iisks'4 11nd ubiain iiudil tvid¥iice Ilial is %itITicieiil ¢ind
.1ppropriaie 10 provide a bi¢ $15 forouT vpiiiioD.'fh¢ risk of Iwl d¢l¢Ylii)b a mTrl¢rijil li11551￿￿1cMeHI rcsiiliiiig fmiii
fraud is hi¥h¢r thnii for oiic r¢5uliing Ir(Jni wror. a5 fwaud may involvc Collusi￿1. furxcry. liileiiii￿dI ￿771$510175,
¢nisreprc5enlaiions. or Il)e override of iniemal LYMirol.
Obiain aD iind¢r51anding of inlernal ¢onlrol ¥¢l¢Y3nt lo Ihc Judi¢ in order to d¢5iwi audil procedure5 Ihal are
aPPLDprilllc in the circiLm51ance& ￿11 not for thc puqN)5es of expressing an opinion on ilie effecliveiiess of Ihe
<ompany's internal control.
Evaliiaie Ihe approprilfj ttness of )¢¢oun¢ing policies used and Ihe r¢•sonhblcrt5s ofaccountlTIB C5timalcs and
rclAlcd di5c105ur¢s made by the dircctor5.
Collclud¢ on the app¥opTiaients5 ofthe dirrfF¢Jts' usc of Ihe goiii¥ conc¢rn b￿lS of ￿￿Ou￿41￿¥ an(l. ba￿d on Ihc
aiidit ¢vi￿.ncc o￿ThI￿Cd. whciher maleriiil unceNainiy e¥isis relaied 10 events or condi11￿lS thai nilly cast
SILinifi¢aiil doiibi on Ihe chority's fibiliiy 10 coiiiinuc ￿ a goiiig Lon¢L'ni. Ifive Lolitlude 11114 i a iiiaierial uiicertainiy
¢Xi$15, Ive hre T¢quired ￿ diaw lli1eni￿n iii thir ￿1￿￿1101& resM)rt 10 Iht rtlfiicd di$clostsTCS ID lh¢ fi￿￿￿LIa1 51aieiiieiiis
or. if Such disc105urc5 inadEq￿tt. 10 IT￿lifY our opinion. Ovr ¢on¢lusions ur¢ bascd Ihc audil cvidcncc
obt&iiicd lip to oiir Rudilorfs rcpom. Ilowcver. fulur¢ cvcnls or co1￿111￿mIS cause the charity lo ¢casc lo conlinuc
as g gniNg concem.
fvllliiRlc Ihc i>v¢riill pr¢.%eDldilM)n. 51rucIu￿ ar￿ coDi¢iiI ofihe fina￿1#] $ittiem¢D15. tncliidiiiu Ihc. disLItt%iiTC%. llsid
wli¢ili¢r Ihe linilncial sinicmciil% rci?re.4cnl ihe underlyins ITallSncli(Mis lliid evti)Is til a InaiiDcr Ilial llchicvc5 flir
presenlilion.
A fiirilier descripttoii ol'our res￿￿￿1￿1]it1C$ fiw Ihe 3udil tsl'ihe finiinctal sthien*iits is ltt#ied on IhL kinaiiLial Repurfin
LounLil'¥ webyile al.. hiip.'l/wivw.fr¢.org.uklaudilor5r¢swibililies. This descnpliThi forms part of our a￿dI1(￿S report.
We LuinJnunicAie iviili 1110se chargcd wilh govcrJiaiir¢ rebihrdinbl. aiiiuibp ￿ller liiaiiL'rs. Ihc pla*ncd scupe liniitbLi ofili¢
ijdil anil %iLTniliLdnl findin￿, intludiJi# signilicafil dCrKi￿7(lc5 inlcrii•l roiiirol Ilia¢ iyc ider)iify duriii¥ our Riiilil.
Usv (Trf ouv I'tport
I'his repoii is 11)ade y)lely to Ihc chariittblc con1pan￿5 mcmbrrs. a5 a IK¥ly. ID xcordaTKe wilh Ch3pler 3 of 16 DfihL
Co￿7PanI¢S Act 200(> r¢&ptsl•tioii$ niode undci ihal Affl. Our audii work ha5 iindcrtgkcn 50 Ihal mi&ihi 51Hl¢ lu ili¢
cl)xrilablc coinpaiiy's iiicinbcr5 ¢110￿ It¢(s lye arc wuired 10 Slthl¢ 14) Iliein iii an aud¢iors' report aiid for no oihci. pllrsx>.￿.
'[{) Ihe fiillcsl cxlctil pcm?irtcd by IHIV. ￿ do atcepi or assumc rcsponsibiliiy 10 anythie ￿ller IhaD thc charitable company
and 115 mLmbers 4L8 a bdy. for our audil wo￿. Ihis r¢FxM. lh¢ opinions ￿ liave foniied.
LANVTII.-,YCE SFIEARCR F.C.,
FOR IIND I)N iir.11A1.F OF O'IIARA SIIF.ARkR, Si*luloiy tluililor
O'HillliK SHEIKRCR
(:HIlRTfRI.-t) Al-COIJN'I'Awrs
AND S'I'ATUTORY AUDI'I'UIL
547 falls Roil d
Dcifasi
BTII 9AB
DAted:
2iid April 2026
Pag¢ I I

ANDfi R.SONSTOWN TRADITIONAI. & CONTEMPORAIIY
MIISIC.SCFIO()I,
FINANCIAL STAI'EMENTS
IOR TIIE YEAR ENDID 31ST MAIICH 2Q26
STA'fEMENT OF ACCOUNTING POLICIES
AccoiiiitiiiLJ Coiiveiilion 8nd Basis of A¢eouiitii)g
I'li¢ finai)cial 51aleiiicii15 have bcen prepaiEd under Ihc his101-ical cosl convcntioii.
'I'lic finq( ncial slalcmcnls havc beei) prepared in accordai)ce with Accoiinling ai)d Rew)rting by ('.hai'ilies'.
Stalem¢i)t of R¢¢omin¢nded Praclice applicable to charitlL% preparing ih¢ir ac¢oynls in accoi'(lancc willi
the l.-iiiancilll Rcporting Standai'd which applies in Ihe UK and Repiiblic of Irelaiid {FRS 1021
(eflcclive l Jai)Liary 2015} - (C.hiirilirs .SORP (rii$ 102)). (he I"'inanLial Ileporiii)g Siandard applicable
in Ilic IJK and R¢p(Ibli¢ of Ir¢land (FRS 102) and the Con)paiiies Acl 2006.
Gi)iiig ConLcrn
Ai Ihc lime ot'approving the fin8ncial slatemenls, Ihe fiiiancial sthlenienis ar¢ iiot pi'epai'ed oli a goinbj coiicei'n
basis. Tlie Trustees, made tl)e decision on 7th Augusi 2025 to wind dowii and close the Cl)arily becaiisc or
difficulties secui'ing sufficicni funding io meet budget and cash flow forcca%ls lor 202512026 diid iiiecl Ilic
reqii1iEi￿eI)ts of tl)e charity's unreslricted reserves policy. 'I'he TrusteLs' l)ave iiiacle the d¢'cision lo vuliiiitai'ily
ccase lo operate.
The 'fruslees' Consider il no longer appropriale to prepare the financial sl4l¢ni¢iils on a g>oing> ¢oii¢erii bblSI%.
InL'omL¥ RLiengnition
IiiLI)mL is recagnised wlicn thc Charity hRs cntirleiiieiil to the fLind%, any pei'forniaiice condilions 11riaclicd
io rl)¢ iiein{s) ofr income liavc bccn mei, il is pn)b#ble Ihui ihe inconie will be rc¢eived aiid IliL aiiinuiil
cali be meosured reliably.
IntLbfL¥.4t ReLL'ivybl¢'
Iiilcrcsl 011 lui)ds lield is iliLlud¢d whcii rLLeivablL and Ili¥ ai)iounl C41n b¢ Ineasuwl reliably.. Ihis is
Iioiinthlly Llpoli nolifibulion ol- the inlerl'st paid or payablL by tliL I3￿k.
Ilesources El xpended
All cxpendilure is accounted for on an accruals bosi5 and is classified Linder headings Ihal aggrcgate all
costs I'elated lo Il)e ¢atcgory.
riindi'aising costs includ¢ the wsls ofadyeriising, producing publications, prinling aiid mailing fuiidi*ising
mgterial, and Staffc￿lS in these areas.
Cobts of chai'ilable aclivilies include dir¢¢l expendilurL inLurred tlirougl) opcralional aclivilie5.
Govei'iiaiiLe c051% rL'piYsenl the cosls assoLidicd wilh the govcniaiicc Mrrang¢mLnls of Ihr charily whi¢h
relulL lo tlie g¢iieral niilning of the charity as Oppos￿ lo those costs associated with fundraising 01-
cliai'ilable activity.
Fixed A&¥et4
All laiigible fixed ass¢ls are recorded ai cost.
Page 12

ANDEIISONS'I'OWN"I'IIAI)J-I'IONAI. & C.'C)N-I'I,:MI)OIIAIIY
MU.%IC SCII()I)L
FIP*ANCIAI. STIl'l-I,-Ml,;
F()R THr. Yri Ali r.NJ)fi.D 31.ST MARCII 2026
STATEMII NT OF ACCOUNTINC POLICIE.
Cniiliiiiiefl
Dvpi'cciii tion
DL'I)fcLialion is LalLulalecl lo wrile off Ihe Lost of fixed abseis ovei. Ilicir e5tiiiiatcd iiseful Ilves
al Ilic tollowiiig rates..
OffiLe equipinenl
33.330/0 $11?ight line
Ilepfiirs And Ileneiva15
All ￿paIrS and renewals are written off as incurred
Pen.¥ion Ci)8t.%
I'lie ch&irily does cui'rcnily opcrale a dcfined contribution pension sL"heme.
Debtors rfin(I I'repayments
Tiade debt0￿ aiid oiliLI' dcbioi3 rccogniscd ai the seltlciiicnl aiiiount due aftcr any discoiinl ottered.
Prepayments are valued at the amount prepaid nel of aiiy trade discouiils due.
Cj'ediloi's and Provisions
Lrediloi's and pi'ovisions are rL*ogJiiised wherc Ille chdrily has a present Iibli&Ndlj(Trn I'esuliiiig froin a Pclst
event Ih¢il will pi'obably ￿5VIt in Ihe In1i5fcr of fuiids Lo a ihii'd Pill'ly ancl thL diiioiii)I duL lo seiile Ilie
obliLJalion can be mei)siired or cslimated ieliably. C.redilor% and prnvi.sioD.s al'e normally IL'¢ngiiiseol ai
their settlement amoiint aftcr allowing for any liidc discoiinls due.
Finiincilll Instriimenti
I'h¢ Cl)ai'ity only has fiiiancial as5els and financial liabililics of a kiiid Ihal fjiialify as basic financial
iiisli'um¢nls. Basic FinallLial inslrumenls air initially r¢co8nised al Iransa¢lioJi value aiid siibscquLnily
niea.sui'ed at their 5Cttlcmenl value with the exceplion of bank Iodns which are subsequciiily mc4sui'Ld al
amoilised Lost using the elT¢ctive interest method.
ri oreign Currencie¥
M()nLlciry assLis and liabilities in foreign currencies are lrnnslaled into slerliiig al the l'ates of cxchaiige
ruliiig al tlie balance sh¢el dale. Transaclions in foreign ¢urr¢n¢i¢s ar¢ Irdnslaled ii)lo stci'liiig ai IIIL rnle
r cxchange rilling al the date orth¢ tréiwclion. Exchange differences are lakeii iiito accouiil iii dl'riving,
al th¢ n¢1 nivv¢m¢nl in lunds.
Page 13

ANDERSONsfowN TRADITIONAL & CON'I'EMI>ORARY
MUSIC bLIIU()L
riNANCIAL STATEMF.NTS
FOII'I'Hk YEAII kNDLfD 31S'I' MARCH 2026
S'I'A'I'EMLNT OTr ACCOUNI"ING POLICIE
Coiiiiiiiierl
Fun(1 ALeounting
Uiiresli'icied fiiiids are geiieral funds tlial are available for use al the Truslees. discreti011 in Fuilliei"aiiie or
thc objcclives of the charity.
Designated fiind5 are unreslricied fiinds set aside by the tru51ees out of unresiricid furKls for specific
fuiure purposes.
Ilesli'iLied fiinds are those given for use in a particular area or lor specific i)uryy)ses. tlie use ofwliich 15
re511'iLie(l io Il)al are8 or purposc.
The iiiconie received fi'oin fundcrs depend5 on ihc cliarily Inceting detailed criieria on expenses plw)s.
Giinls givei) uiidei. sucli conditions are a150 givcn 5ubjccl to ihcin ￿1￿8 obtained lor in coiineclion wilh ilie fiiflliliance ol'ihe
charilys aims and objectivcs.
Sucli iiicon)e Can be Irpay8bl¢ (o Ihe funder if such aipcnses plans and crileria are not me(.
SLich incoine is only deferred when ilie donor S￿¢111eS ihal grdiiildoiiolion IMiist ￿)lY be uscd ifj lutiirc acLoLiiilii)g r￿rIOdS.,
or Il)L d()nnr l)as lini￿Sed coiidiiiTriis whicl) IlllLs1 be niel I￿rore ihc cl?arily ha% uiicondi(itsi)al eniiilci)ieiii.
IIiLoine from Ll)aritdble activi11￿ inLllKl￿ received utmler conlrdLI ur whctc erhlitl¥merit Iv birani fuiidiiig is Subject
to specific perf(Trri?iaii¢e condtlioiis 15 recogiii5cd as ean)ed as the relaied goodslservices are provided.
Graiil incuine iliLILided in this category provid¢s futvliiig lo suprM)n ￿rfor17)ar￿e aciivilies aiid is recogiii5ed whei
tliei'e is ell¢i¢lein¢nt, c¢rt8inty of receipi and the amounl can be measured wilh sunicieiil Irliability.
Incoimc 15 def¢Trcd whcwh- ree511￿rrornianCC relaled granL$ are rcccivcd in advancc of Ihe ￿l'fon￿all¢eIevtn1 10
whicl) Il)ey I'elate.
Re.seiwe5 Ilolicy
IJIiiL'siriLILd I￿11dS air needed to provide fiinds which can be applied io si)cLiliL projLLls lo ciiablL
these pi'ujecl.¥ to be underlaken al Short notice, lo cover the ruiining cosls ol-the Charily lor a litniled
pei'i()d shoiild (here be A 5igniliban¢ shortfrall in projeLie(l incoine. and lo allow for inve51nieni in ChaiiL>LISiralegic
Developiiient iiiiliative5. Thi5 poIiGy 15 currently ￿￿lef review.
Page 14

DERSONsfoivN TRADITiof4AI. & coTrrrFMPORARY
MUSIC.. SCIIO()I.
STIlTEhlENT I)F FINI ANC.liI1..4C.i'ivI-fiE5
>(TrR-rFII' F.IYI)VI) JISI. fvIAIIC.-112026
Ilibrrslricled Re%lricltd Tr.ndn1i.￿￿ic￿l
Funil
Funilj
'roTAI. 'I'()'IAL
Z026
No'l'b
INCOME AND F.NDOWNMF.Frrs FROM..
l)onations I¢¥¥¢i¢s
1.752
1.752
J.755
23.814
61.146
Iiiii)tDL frvni ￿tIl¢r It•liiig IIVII
I-I)'I'AI. INLUIML tlYI D KND()IVNMENTS
2&YTr6
61.146
¥6.712 164.247
EXPENDITURE OIY..
r.￿￿nditurC raising
Lxpendilure churilablL aclivilic5
011￿r ¥x￿lId11I1r¢
N¢1 gUin￿lI￿N￿￿¥) on iliY¢hin￿n
1.22U
40.278
81.696
TOTAL RESOURCES ExPE￿DED
dO.278
81,696
NK1' INCOMTrJif.XPF.NDITUREI
120.5501
135.26ZI 14.1541
raiisfers bLiii¥cen fiin¢L8
NET MovfMFNT IN FUNDS
110.5501
135.1621 14.1.441
Rb.C.ONC.11,Ih-I'ION 0￿ FUND.5
'IOTAL TrUNI)S JIROUGHI. VOKIVAIiD
14.71?
20.55U
35.2h2
TOTAL C.ARRIED FORWARD
35.262
The 518loThoTrt of Trin*ntlAI Actii'Éii¢s in¢ludrs all gJi•5 and 105ses in Iht year IlicreforE X
StAlcn*crst ofToi41 Rt¢oRni$¢d Giins IAJ&sc% h*s nol llttn pi%p#rc¢l
All Dfihe aboye rel￿te lo a¢liviti¢s
Thr Iht f•rn parl Df Ibl￿
P¥gc IS

ANDEI RSON.STOWN TRADITIONAI. & CONI'EMPOllIlRY
MUSIC SCII()()L
BALAfic:F..SHb:b:T
AS A1- 315'r MAIICI121126
2026
Ixri D AS.5EI TS
Tai)giblc asscts
CIIRRfNT ASSLI'l'.S
DcbtiJi'.q and pirpayiiienf.%
Cash al bank
c.ash on deposit
Cash in hand
10
8,414
33,253
70
41,737
Ci'¢ditor%: #niiiunls f•illing duc ivilhin onc year
(6,4761
NLt"r cuiiiiri NT ASSE"I'SI(LIABILITIES)
35,261
TOTAL ASSEI TS LESS CURIIENT ASSETSI( LIABILITIEI S )
35,262
Cre(litors: umounts falling (lue aftei. more th￿n one )'Ciir
NEIT A,SSETSI(LIABILITIES)
35,262
riUNDS:
I ND()WNMENI' FUiYDS
UNRf,.8TRifTF,I) INC.o￿lF. FIIND.S
12114
14,712
RFSTRIcfF.D I]YCOMF. FUNDS
12115
20.550
3S,2()2
I"licsc fiiianLial slalemenis. were Jppmved by ihe Trustees on 2nd April 2026
and rfirc signcd on Iheii. bchaif by=
VALLiiif. QUINN
'I'Rfi ASUIIEI R
DATL 2nd A ril 2026
The #¢rompAiiying aeroiintiiiR policr¢J Dott* fnrm pyrl of Ihtse fii)aiieial stklcineEhls
Page 16

ANDF.R.SON.%TOWN TRADITIONAL & CI)NTII.MPQIIAIIY
MU.SIC.SCHOOL
S'l'A'I'*.f¥lEN"I" CA.SFI FLOWS
YII'AR LI Nl)Tr.1) 31s'r MIIRCH 2026
21126
NI)TLI
C.A.siifi J.OWS FIIOM OPI,:RATING Arrivi'riF..S
Cash gencrated fmm opcralions
{33.323) 17,679)
Nil iiillowl{uiilllow) from operaiiiiLi aclivilies
(33,3231 {7.679)
IIivL'Stiiig xLliYilie
Ii)ve.slmeiil inLoJne
Piii'chase of langiblc fixcd asscts
ALqlllSition of investmenls
Disposal (If investinents
Di%i)osal of tangible fixed assets
Net casli frnni investiiig uclivitic5
Ii)ci'ea5el(deere*se) iii cash and casli cqlliYAlents in the year
(33J23) (7,679)
Cx.4h lliid e#sli equivalents at thc beginlling of the year
33,323
41.OQ2
ca￿11 cllsh equivalL'iits ilt th¢ end of the year
33,323
Relating lo..
CiiJli al bank iilld in hand
33,323
The i¢compAnyINg i?croynilnR polltks Aiiil nolts form pArf ofihev fiii4111iAI 51il¢vJeD15
Page 17

DEIISONSI'OIV14 TllIlDI'I'IONrll. AND c.oNfF.MPOIIAR Y MUSIC
N()TF.4 To THTr. fiiYANClIlL S-I-ATEfv.ILN'I"S
FOR"IIIE YFAIR F.NDED J
2026
I. DQNATION.% iliYD l.LlvilCIES
Il4resirirlvl Rtstrirlcd
uiids
2016
th)n*ilion%
GLneYul 8ranix provided by g0vemm¢n￿O¢hL￿￿h￿IÉ1eS
Lc¥4oic5
1.752
1.752
3.755
3,755
1.752
1.752
3.755
J.755
2. INCOTr¥lE Fnofwl INVE5'1'Tr1 IcTr¥rs
UDrESiri¢ltd RL%lri¢ied
unds
iillds
21J26
2025
IIiioinL froiii UK lislcd INT￿￿111￿1%
IiiLoin¢ froni cash
J. INCO￿lE FRO￿[ CIIARI'fAULE ACTIVITILS
un￿StrICt¢11 Re5tJ'itl¢d
Fun(Is
2026
2025
Ari% C()Iincil ofNnrthi'm Irclo
Ari¥ CoiiiiL'iI L)l-Noi'ih¢rn IYL'land. ￿uIpmen1
29.(A6
29.646
46.71)1
3.561
35.561
3..$61
35.561
16.5¢M)
16.5(K)
10.(MKJ
1-1glilgx l.viindfili(
Att% And IIiisin155. Illvcprinl lJr(>Ernmll
ATIS anil BIiyinc83- m￿¢¢1711￿ Iiiv¢sini¢ni Pr¥)gwamD
Screen Nl
Clahs ILLS
IR.I)u(I
i %,uoo
23,527
23.5?7
34.347
694
uiidly
21.814
61.146
¥A.96
4. INCOME lillOfvI 01-HbR I-RADING Acri￿.iT1Fs
Ilnrestricled Re5trirled
F¥ttds
1026
2025
ruiidiw551n
PREC IS

DITIONAI. ANDCONTFAMI PORARY MUSICSCIIQ
NOI'KSTOTTIF
IAI. ¥fATEhlENI'S
OR THE ¥EIlR £NDED Jisr MAIICII 2026
5. EXPF.NDITIIRf. ON RAISINC. FUIYDS
UNre51licl￿ Acsiriried
Funils
2026
2025
Proinniioiiiil li￿ luixlr41i.<ln# LYM5
1.220
1.220
6. EXPENDI'fuiik ON CIIARI'I-ABLL ACI'IVITIFS
Ilnresfriclcil Re511'Klrd
Funds
21126
21I2S
WagL% And s*lnriei ISe¢ Nd¢ 8}
20.71J
39
12.025
5Y.(M2
7Y.755
39
18.925
lJ7U
Y.577
12Y
14.750
42(X)
089
Y14
84.YOI
1)4.378
129
?9.USO
AriisiiL cos15
Veiiue hir¢
Exominaiion feLs
IvmbLf5hip fce5
Woi'k'sliop li1￿ LIsis5 m&liYia
1)osl￿1￿L. priiiliiig 51all￿
Sundyy L.xpens1
lainieiian¢e (>f L4uipmeni
1.370
(1%9
844
844
)34
643
3J4
906
)35
1.985
9.15
1.985
34.949
67JlJ
102,262
34,¢185
99,101
lJ3,186
Supiiort c.nsts ￿￿(1 ItoYeniAncc cTr5tJ
1,285
1.285
157
2.124
7%
J.561
64
J.561
Siora¥i w%15
Lighi ond hLai
Rent and %crY¢¢cy
In%uronL
Audii fL'eg
Lcgal and oihet wolcssionxl fee%
627
?1?
627
2J50
10.315
8fv1
2.138
10.264
4.51lb
l.QJ4
1.5(X)
15.396
,n34
1.500
1,4
825
1.41M)
825
34
34
ljdnk inlL'fL'%I illKI LI￿1¥gi
775
775
1.8(K>
1.800
5J29
14J83
19.71Z
165DU
17.49.5
J3.Y95
'I'o'rAL LXPF.NDITIIRF. ON C.IIARII'ABLL ACI'IVI-I'IE
0378
81,696
121,974
50,585
16,596 167,181
19

ANDF.RSONSI'OWN I'IiADITIONAL & CON'I'LMI>OIIARY
MUSIC SCIIOOL
NO"fii S'l'O"I-HI,' I,'IIY ANCIAI, S'I'A'I. "MI,;N'I'S
FOII 1'11L Yr.All b.NDfi l) 31.%'r MAIICH 2026
7. NE*l' (OUTGOING)I INCOMING RESOUKLES Tr"OK I'IIL YEAR
This is st41te(l aflei. cli4irgingl(cre(liting)
2026
2025
Audiioi's remuncration
Depi'eci4ilion
1,400
1,500
8. SALARY COSTS AND EMOLUMENTS
2026
2025
Total staff costs were as follows..
WaL7CS aiid salaries- key nian1c Lyeinenl peisonnel
Wagc8 and 5alaries- other staff
Employer social securily costs - key nian<1g¢meiil personnel
Fniployei. 8ocial 8ecurily costs - other slaty
Employer pension costs - key managFein¢iil persoDnel
Employer pension costs - oiliLf slaft
Einployer social seciirily costs - Slatulory Malemity Pay Recoverable
Eiiiployer social 5￿ul11Y costs - Employincnl Allowance
53.163
25.767
3,695
2,916
742
82
34.704
54,()75
1,533
4,175
l.Q41
950
(6,61 U)
5,000
79,755
94,378
T]ie average inonthly iiuinber of employees duriiig Ihc ycar was as follows..
2026
Number
2025
Numbei.
No einployc¢s l￿d cmolLimcnls in cxccss of £60.000 (2025: £Nil)
Trustees, remuneration and binefi15
There was no trustees. remunei'alion or other bei)efils for the year ended 31st March 2026. (2025.. £Nil)
I'niitee¥' li xpenses
There weir no trustees, expenses paid for the year ended 3 1st March 2026. (2025.. £Nil)
Page 20

ANDfi RSON.8TOWN TR.IDITIONAL & CONTf.Ml'ORAIIY
MU,8IC SCHOOL
NOTEI S TO 'fiIE FINANCIAL S'l'AI'fi.￿lF.N'l's
FC)11 'I"HF. YI.-All CNI)fi l) 3 1ST MARLFI 2112(1
9. TANCYIBLE filXEI D ASSETS
OtTi¢e
Equipinenl
Total
CO.ST
As al I sl April 2025
20,381
20,3111
Addilioiis
Dibposals
As at 31 st March 2026
20,381
20,381
DLI'IILI CIA'I'ION
A5 ai l.%t April 2025
20,380
Chai'ge foi. y¢ai'
Eliminated nn dispo8al
As at 31 st Mai'ch 2026
20,381
20,381
Nel book valu¢ 2026
Nel book value 2025
Page 21

ANDfi,ILS()NSTOWN I'RADII'IONAI, & CON'rri MPORARY
MUSIC SCHU()L
NOTES I'O I'IIE filNANCIAL STATII Mb:NTS
FOR I'HE YEAII ENDED 31ST MAIICH 2026
11). Dri JJT()RS: AMOUNTS fiAI.I.IIYG DIIE WITHIN ONE YE¢ AR
2026
2U25
Dcblors
Pi'epaymcn15
Rcl'iindable dep05ils
5,820
1,344
1,25U
8,414
IJ. CIUI DII'ORS: AMOUIYI'S FALLING DUL WI'I'HIN UTrIC YEIAR
2026
2U25
Sociul seL'urily Losts and uiher luxes
ALcnied expeiises
Delerird income
1,995
4,481
6,476
12. MOVEMENT IN FUNDS
Opening Net Moi'ement
in Fiiiids
2026
OvLrall lunds
35.262
(35,2621
35,262
3S,262
(35,262)
35,262
13. Illl CONCILIAI'ION OF OPEI RATINC, PROFIT TO NEI T CASH fiLOW fiROM
()pri IIATINC AcfivITIES FROM OPEIiATif4C ACTJVITJF.S
2026
2112.
Operuling) Surpluslll)eficil) for Ihc year
Deprccialion
Moveinenl in debtor5
Movement iii ci'edilors
Gain on investments
(Pr()filyI,o*% un disposal of Fixed Assels
Invc51menl income
(35.262) 14,154}
8,414 12,160)
16,475) {1.365)
NLt La$li infloivl(outfloiv) from oper:Itin% aLlivities
(.33,-323} {7,(?79)
Page 22

ANI)EI IISONSTOWN TRAI)ITIONAI. & CONTfi.MPOIIAIIY
MIJ8IC. .8CHOOL
NOI'fi.S TO'I'Hf FINANCI.LiL.S'A'A'fLMLN'rs
riOII TIIE YII AR ENDI.'D 31S'I' MAIICH 2026
14. UNIILI STRICTED IP4COME FUNDS
2026
Balance at Isl Api'il 2025
14,712
26,501
Ii)coniing resouires for Ihe yeai.
Resouires expended for Ihe year
Ti'linsfers belwevn Iiinds
25,566
38,796
(40,278) (50,585)
BalanL'e at 31 sl Mairh 2026
14,712
15. RFSTRICTF.D INCOMF. FUNI)S
2026
2Q25
Balance al Isl April 2025
20,550
12,915
Incuiniii&J resourccs for Ihc ycar
Res1?ur¢cs cxpeiid¢d loi. the year
I'ranslei¥ belween lunds
61.146
125,451
(Xl.696) {117.8161
Balance at 3 Isl M<Ych 2026
20,550
16. LEGAL STATUS
Aiidei'sonstown Tradilioncil <lnd Conlcinpordry Musi¥ School is 7¢ Company I,iniiled by (iuuranlcc.
Each member has agreed to conlribule £1 in Llic evcni of a compiilsory windingj up.
Aiideisonstown 'l'raditioncil and ConlLinpoiMI'y Miisic Scliool is regislLred willi l-he Charity
Commission for Norihern Ireland Charity Nuinber 103431. 1)ale of registralion 17th SeplLmbcr 2015.
And¢￿0￿st0wn Traditioiial and Contemporary Music SLhool 1.% a recugiiised Charily within Ilie defiiiition
of SeLlion 360(3) InLome and Corporalioii'l'axes Act 1970 by th¢ Coiniiii5sioiicrs of Ilie Iiilaiid IIL'VLIIIIC.
Page 23