YORK MUSIC EDUCATION CIC

Company limited by guarantee

Company Registration Number:
10416341 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

YORK MUSIC EDUCATION CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

YORK MUSIC EDUCATION CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 256,182 253,627
Cost of sales: ( 32,451 ) ( 52,501 )
Gross profit(or loss): 223,731 201,126
Administrative expenses: ( 233,669 ) ( 191,256 )
Operating profit(or loss): (9,938) 9,870
Interest payable and similar charges: ( 269 ) ( 1,089 )
Profit(or loss) before tax: (10,207) 8,781
Profit(or loss) for the financial year: (10,207) 8,781

YORK MUSIC EDUCATION CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 97,141 96,994
Total fixed assets: 97,141 96,994
Current assets
Debtors: 4 15,994 22,051
Cash at bank and in hand: 7,083 27,526
Total current assets: 23,077 49,577
Creditors: amounts falling due within one year: 5 ( 20,646 ) ( 30,523 )
Net current assets (liabilities): 2,431 19,054
Total assets less current liabilities: 99,572 116,048
Creditors: amounts falling due after more than one year: 6 ( 29,507 ) ( 35,776 )
Total net assets (liabilities): 70,065 80,272
Members' funds
Profit and loss account: 70,065 80,272
Total members' funds: 70,065 80,272

The notes form part of these financial statements

YORK MUSIC EDUCATION CIC

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The notes form part of these financial statements

YORK MUSIC EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

YORK MUSIC EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 29 25

YORK MUSIC EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 210,105 1,137 4,996 216,238
Additions 1,147 1,147
Disposals
Revaluations
Transfers
At 31 March 2025 210,105 1,137 6,143 217,385
Depreciation
At 1 April 2024 113,316 1,137 4,791 119,244
Charge for year 1,000 1,000
On disposals
Other adjustments
At 31 March 2025 113,316 1,137 5,791 120,244
Net book value
At 31 March 2025 96,789 0 352 97,141
At 31 March 2024 96,789 0 205 96,994

YORK MUSIC EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 5,994 12,051
Prepayments and accrued income 10,000 10,000
Total 15,994 22,051

YORK MUSIC EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 5,625 5,625
Taxation and social security 1,451 1,509
Accruals and deferred income 8,540 8,540
Other creditors 5,030 14,849
Total 20,646 30,523

YORK MUSIC EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 29,507 35,776
Total 29,507 35,776

COMMUNITY INTEREST ANNUAL REPORT

YORK MUSIC EDUCATION CIC

Company Number: 10416341 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

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

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

£12,500 salary

Transfer of assets

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