THE NATIONAL FOUNDATION FOR YOUTH MUSIC

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sayer Vincent LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue in operational existence to restructure, if for example a major funder was to withdraw. The charity therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “Youth Music launched its ambitious 'Rescue the Roots' partnership fundraising campaign, targeting £1 million, with Trustees agreeing to release £1 million of reserves to match external donations. As of March 2025, 40% of the target was reached.”
• “NextGen Community subscribers grew 24% over the year to almost 5.5k. Events took place in London, Glasgow, Bristol and Leeds, reaching over 550 people, with industry partners including Levi's, Bandcamp, Wingstop, Kobalt and PPL.”
• “Opportunities for NextGen fund recipients expanded to include writing camps, open mics, and a new Discord server.”
• “Youth Music teamed up with BBC Introducing to curate a day of panels at The Great Escape Festival and spoke at Beacons Wales Conference and BBC Introducing LIVE in Birmingham.”
• “2025 Ones to Watch artists were invited to a songwriting camp ran in collaboration with Wingstop and Qube Studios.”
• “English Teacher won the 2024 Mercury Prize for their debut album, 'This Could Be Texas'.”
• “ALT BLK ERA won a MOBO Award 2025 in the Best Alternative Music Act category.”
• “Jayahadadream performed at Glastonbury 2024 on the main stage after winning their Emerging Talent Competition.”
• “Saloni's latest EP "Rani" debuted at #1 on the UK iTunes Worldwide Genre Charts.”
• “The launch of the Sounds of the Next Generation 2024 report generated 44 pieces of media coverage in its first month, focusing on the north of England's musical heritage.”
• “The "Are nursery rhymes outdated?" question stimulated debate about diverse modern childhoods of 0 to 5s, featuring across 29 BBC television and radio stations and national press coverage.”
• “The launch of Rescue the Roots campaign spotlighted the vital importance of grassroots youth music spaces, generating 33 pieces of media coverage, including a full-length feature in The Independent.”
• “Youth Music picked up an award for the Rescue the Roots documentary from the British Documentary Film Festival.”
• “A new partnership with Spotify was created to establish the 'Open Doors Fund', supporting 15 grassroots youth spaces in the UK facing imminent closure or struggling to survive.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +6.1%

  £14,121,418 → £14,984,987

• Net assets

  +21.1%

  £3,950,766 → £4,784,305

• Employees

  +10.7%

  28 → 31

• Wages

  +11.8%

  £1,063,976 → £1,189,208

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers