for the Period Ended 31 March 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
( |
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| Interest payable and similar charges: |
(
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(
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| Profit(or loss) before tax: |
( |
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| Profit(or loss) for the financial year: |
( |
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As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
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£ |
£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 5 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 6 |
(
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(
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2025
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 March 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 April 2024 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 March 2025 |
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| Depreciation | ||||||
| At 1 April 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 March 2025 |
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| Net book value | ||||||
| At 31 March 2025 |
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| At 31 March 2024 |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Total |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Total |
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York Music Education CIC provides music education services to children and young people across York and the surrounding areas. The organisation delivers a broad range of activity including individual and group tuition, whole class ensemble teaching in schools, ensemble provision through York Music Centre, youth orchestras, instrument hire, and partnership projects with schools and cultural organisations. The company operates on a not for profit basis with a strong focus on inclusion, quality, and long term sustainability. During the year ended 31 March 2025, the organisation continued to operate in a challenging funding environment, following a sustained reduction in public funding for music education in recent years. In response, York Music Education CIC has further strengthened its financial resilience through careful cost control, diversification of income streams, and continued growth in earned income from tuition, schools services, instrument hire, and digital provision. Alongside face to face delivery, the organisation maintains a strong digital offer. York Music Education CIC has for many years been an authorised reseller and delivery partner of Charanga, supporting schools with access to high quality digital teaching resources, curriculum aligned content, and professional development for teachers. This long standing partnership enables the organisation to support schools in meeting the requirements of the National Plan for Music Education through a blended model of in person teaching, digital resources, and specialist support. Despite ongoing funding pressures, the organisation remains in a stable financial position and continues to deliver a significant volume of music education activity across the city. Demand for services has remained strong, particularly in schools and at York Music Centre, reflecting the organisation’s established relationships, experienced staff team, and reputation for high quality delivery. The period also coincided with national and regional changes to the Music Hub framework. York Music Education CIC has a long history as the principal delivery organisation for publicly supported music education in York, having originally been established following the transfer of services from local authority provision. The director remains hopeful that the revised Hub arrangements, under the leadership of North Yorkshire Council as Hub Lead Organisation, will in time lead to improved clarity, coordination, and the effective flow of public funding to frontline delivery partners. Looking ahead, the organisation enters the next financial year with cautious optimism. While uncertainty remains around future public funding levels, York Music Education CIC is well placed to respond to emerging opportunities, continue supporting children and young people from all backgrounds, and work constructively with partners to strengthen music education provision across the Hub area
No consultation with stakeholders
£12,500 salary
No transfer of assets other than for full consideration
This report was approved by the board of directors on
17 December 2025
And signed on behalf of the board by:
Name: Daniel Hield
Status: Director