REGisfERED CHARrrY NUMBER: 11114284 REPORT OF THE TRUSTEES AND UNAUDrrED FINANCIAL STATEMEN15 FOR THE YEAR ENDED 30 SEPTEMBER 2025 FOR THE PARKHOUSE AWARD
THE PARKHOUSE AWARD REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER21125 The Irustees present their rtport with the fLttancia] 5t¢m¢nts of the ch8xtty for the year ended 30 Scptcmber 2025. The In]$te¢s hay¢ adopted the ptt)visions of Aceourtting and Rew)rting by Chariiies.. Staiemeni of ReCoMmered Practiee appli¢oble to chwities preparing their accounts in 4c¢ordanw with the Financi Reportin8 Standard #ppli¢abl¢ in the UK and Republic of Irelarbd IFRS 1021 {effective l January 2019). OWEcfivES AND AcfMTIES Objtctlvej •nd alm$ The Parkhouse Award 15 8 biennial Internation Chamber Music comltIOn for piano-b&4ed strin8 ensembles frorn duos w piano quartets. Its purp)se is to aS31St on¢ youn8 ensemble to establish It[r on th¢ musical $Tre by pnividing recitsls at prestigious concert halls in En8land and Wales over a period of two years. The competition is judged by 4 panel of internationally reco8nised adJieor$. Th¢r¢ is no cash pri7e. The Parkhouse Award w&$ fomed in memory of the outsthndin8 pianist David ParkhousE. It also cel¢bra1¢5 the la¢e Eil¢en p8rkY5t, the founder of the Award and its late Presidenl. Their wntribulion to the perfom)ance of chamber music in Brithin ond ¥broad with The Music Group of London lof which Ih¢y were founder members), and their teaching at the Royd College of Music in London, wer¢ inspirniion to countless audiences Ar students. ACHIEVEMENTS AND PERFORMAJ¥CE ChArllble •¢tlvltleJ Activities in th¢ year included conc¢rts for ihe 2023 comp¢tition winners and the 2025 competition which w&$ held in April 2025. In Addition work undertaken on the fuiure direction of the eharity #rtd the fomii of fv¢ure compelition and concerts offered to the witthers. Board of Trugleeg Durin& the year K Hunter OBE resign 8$ Chaimlan find R Cohen was apwjinted chai8n of the Board of TnLqtees. FINAIYCIAL REVIEW FlniThrll 81160 The results for th¢ y¢ar and the cunent level of reserves ar¢ eon$ider¢d by th¢ trustees to be 5atisfAclory for the charity's commitments aThd futur¢ obligations. Prlnelpal fundlng gourees The trustees wish to express their thnks to Th¢ Tertis Foundation and to The Adrian Swire Charitable Trust for their Continued and enerouS suppon. The trustees would also like to thank all the individual donots to the charity. The continued 3UpN of 411 groups is essential for the Conlinu10n of the award. Rejerves policy The charity holds res¢rve5 $0 that it CAn med its eommitments Ls they f1 due in the short and medium tem? and so that it Can Continue its ¢haritable work. STRucfuR& GOVERNANCE AND MANAGEMEJ¥T Governlng doeumenl Th¢ charity is conirolled by its governln8 doeurn¢nt. ¥ d¢¢d of trust and consiiius an Unincorphted charity. The tt dttd is dated l August 1990 and amended by supplementsry deeds dded 7 September 1991 and 24 October 1991. REFERENCE AND ADMINISTrATIVE DETAILS Reglstered CTh*rlty number 1014284 Principal 8ddr I Church Tc Richmond TWIO 6SE Page I
THE PARKHOUSE AWARD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEvfEMBER 2025 Trnste K Hun*rOBE {resi8n¢d 18.6.25) N Parkhouse FRCS R PaTkhous¢ J Unwin P Willan Hott RCM FCMA B G Srnith CBE Rcohen - C1wimion J Hobson KC IDdependent Ex•tnlther Richard Morgan BizN•v Chartered A¢counl8rtts 86 HI Sirttt CarSh&ln Surrey SM3 3AE Treuurer Fras¢r Kttn B.Sc, FCA- Treasurer Cwter Keen LLP Chartered Awountants I Church Terwe Richmond Surrey TW106SE AdmlnSJtrator Gw¢nneth Brnnsby-Z¥hary MA GBL Managem¢n¢ Hamilion Cot¢88e Waterloo Rotd Cranbtvc4o Kent TN17 3JJ Approved by orderof the board of trustees on 25 June 2026 and signed on its behalf by: R Cohen . ChaIrm- Tn1¢£
INDEPENDE EXAMINER'S REPORTTO THE TRUSTEES OF THE PARKHOUSE AWARD Independent ¢xamlneWs report to the trustvs of The Prkhouse Awrd I rewrt to the £harity trLL5t¢¢s on my ex8miThion of th¢ accounts of The Pgrkh(LS¢ Aw4rd (the Tnjst) for the yur ¢nd 30 September 2025. Responsibilititj and basis of report As the ¢harity tn]stees of the Tnt you are re5pon5ible for th¢ preparation of the accounts in attordatKe with the rquirements of the Charities Act 2011 I'the ACVI. I reF in respe of my examination of the Trust's OUnts ¢8rried out Lmder Sectlort 145 of the ALI and in c8rryitt8 out my txaminati¢)n I have followed all applicable Directions given by th¢ Charity Commission und¢r Seciion 145(5Xb) of the Ad. IDdeptndent exgminer'j slatement I have compled njy ¢x4mination. I confimi that no materia] matters have Come to my attention in coijnKlion with the examinion giving me cause to beli¢ve that in any material resp1.. accounting records were not kept in respect of the Tn1 as required by S¢¢tion 130 of the ACL or the cOUntS th) nol aecord wi¢h those records: or ¢h¢ acwwils do nol comply with the applicable requirements concerning the forni and content of occounts set out in th¢ C.hJTili¢S (Accounts and Reports) R¢gulation$ 2008 other than any rwuirement th the accounts 8ive 4 true and f&ir view which is not a matter consid¢r¢d part of an independent exarnination. I h4v¢ no concems and have come a¢ross no other mallers in eonnwtlOD Wth the examination to which attention Jhould be drnwn in this rewrt in order to ¢nabl¢ 4 proper understandin8 of the Ac¢ounts to be reached. Richard Mor BizNav Chhrtered A¢¢ountants 86 High Street carsh10n Surr¢y 5M5 3AE 25 Jwie 2026 Pagc 3
THE PARKHOUSE AWARD BALANCE SHEET Jil SEvfEMBER 2025 2025 2024 Totsl fijnds Unre5triLtsI fund5 Debtors C&sh at bank 421 87,080 478 110,533 87JOI Iii,oii CREDITORS Arnountg falling due within on¢ year (1,512) (1,451) NET CURRENf ASSETS 85.989 109,560 TOTAL ASSETS CURRENT LIABILITIES 85,989 109,560 NET ASSETS 85.989 109,560 FUNDS Unrestrided fimds io 85,989 109,560 TOTAL FUNDS 85,989 109,560 The r]naneial statemen signoj on tts behalf by.. were approved by the Board of Trustees and authorised for issue on 25 June 2026 and were R Cohen . Chaimian- Trustee The not¢5 foTrn P¥rt of th¢s¢ financial stalements
THE PARKHOUSE AWARD STATEMENf OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 UnTestrid fillkds 2024 Total nds INCOME AND ENDoWMEfS FROM Donations ortd le¥1¢5 25.(KK 25,105 Other trading activiti&S Investh)¢nt ineome 2.218 2,028 262 2.799 Totsl 29,246 28,166 EXPENDITURE ON Chlrltable Artlvltl Fundraising aThd promotion Monagement of cycles 16th cycle12021) 17th eycle12023) 18ih cycle12025) 19th ¢ycle (2027) Future direciion 70) 8.562 1,5Th) 9,643 25,446 405 2.384 8,252 14,406 Other 4,177 3,950 Totll 52,817 30,554 Nrf INCOMFJ(EXPENDITURE) (23.371) 11388) RECONCILIATION OF FUNDS Tothl funds bTOU8ht fotiyard 109.560 111,948 TOTAL FUNDS CARRIED FORWARD 85,989 109,500 The t1¢5 forni part of these finan¢iai 5tatement5 Pagc 4
THE PARKHOUSE AWARD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 311 SEFfEMBER 2025 ACCOUNTINC POLICIFS Basts of prepArlng the fm#neil stAtements The financial statements of the tharity, which i5 a publi¢ benefit entity under FRS 102. have been prepwed in accordance with the Charities SORP (FRS 102} 'A¢countin8 artd R4rtIng by ChaTiti¢s'. Stat¢meni of R¢commenda Prn¢ti applicable io charities preparing th¢ir accounts in aCrdanCe with th¢ Finoncial Reporting Standard applicable the UK Jnd Republic of Ireland (FRS IQ21 (effeeiive l January 20191., Fin&ncial R¢w)rting StWId 102 The Finatici Reporting Standard applicable in the UK and Republic of Ir¢land' and the ChaTiti¢s Act 2011. The financial statements have been pjrpared under the historica] cost convention. Th¢ financial statements have be¢n prepartd on & 80ing nCern b&4i$. Imeome All income is r¢w8nised in the Ststemeni of Financi Afflivities once the charity has entitlement the ful5, it is prob&ble that the income will be re<ived the amount can b¢ rn$d reliably. ExpeNdltur¢ Liabilitiej ar¢ reco15¢d as exFtndityr¢ ks soort as there is a l¢g81 or constn]¢tive obligation conunittiD8 ¢hty to expendiluTe, it i$ probable that a transf¢r of ¢eothomic benefiis will be rquirtd in settlemeni and the wnount of th¢ obligotion eon be measured Teliably. EXpendIre is accounted for on an accnJ81s basis and has been ¢lwsified under heing$ that B88re8ate 011 eosi relad to the ¢at¢sory. Where Costs cannth be dir¢c¢ly attribut¢d to particulAr heing$ they h&ve be diocated a¢tiviti¢$ on a basis consistent with the use of r¢sour¢es. TAxAtIoD The chority is exempt from tsx ott its chwitable activitieg. Fund •ccoyntlng Unresiricied funds ¢th be used in acwrdan¢e with th¢ ¢hari¢able objective5 41 the dis¢r¢tion of the tnths. R¢strided fijnds only b¢ used for particular restricd purp)ses within the objects of the charity. Restridions grise when specified by the donor or when funds rnised for particular restricted puryK)s¢$. Further ¢xplan*ion of the natwe and purpose of each fund is in¢lud¢d itt the notes to the financial 3tal¢m¢nts. DONATIONS AND LEGACIFS 2025 2024 tk)naii¢)n$ 25.(KJO 25,103 Unftstricted donations of £25.1)00 (2024 £25,105) wer¢ received durin8 the year and th¢se eontribuie to meetin8 the Charity's obi¢ctives and aims overthe next few years. Page 6 continued...
THE PARKHOUSE AWARD N(yrES TO THE FINANCIAL STATEMENTS. CODtinued FOR THE YEAR ENDED 30 SEPTEMBER 2025 OTHER TRADING ACTIVITILS 2025 2024 Ticket & pro8T8rnme 5ale5 Entry fees and other income 262 707 2218 262 INVESTMENT INCOME 2025 2024 lTh*r¢$t on inve51Tnenls 2,028 CHARITABLE AcTIvlFs COSTS Direct Costs Fundrnising And promotion Mthag¢m¢nt of cycles 16th cycle12021) 17th cycle120231 18th cycle (2025) 19th cycle (2027) Fu¢ur¢ dirKtion 8,562 1.500 9.643 25,446 405 2,384 TRusfEESI REMUNERATION AND BENEFITS There were trustee5' remuneration or other benefrts for the year ended 30 September 2025 rKJr for the y ended 30 September 2024. Trustees. expens Th¢r¢ were no ttwste¢s' expenses paid ft)r the yew ¢nd¢d 30 Sept¢mb¢r 2025 nor (or th¢ year ended 30 Septemb¢r 2024. COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITJES Unrestricted funds INCOME AND ENDOWMENTS FROM rkjnations and le8a¢i 25,105 Other trading acliyiiies Inve5bnent income 262 2,799 Total 28,166 EXPENDITURE ON Charl¢•ble actlvltks Fundrai5in8 and promolion Management of cycle5 17th cycle (2023) 18th cycle (2025) 480 8.252 14,406 3,466 Page 7 continuaj...
THE PARKHOUSE AWARD NOTES TO THE FINANCIAL STATEMEKfs- eorttlnuwl FOR THE YEAR ENDED 30 SEPTEMBER 2025 COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACTivrfiES- CODtlnued utestriCted fwids 3.950 Totsl 30,554 NET INCOMEI(EXPENDITURE) (1388) RECONCILIATION OF FUNDS Totsl fimds broughi fon¥¥d 111.948 TOTAL FUNDS CAIiRIED FORWARD 109.560 DEBTORS: AMouNfs FALLING DUE wrrHIN ONE YEAR 2025 2024 Otr¢r debtots {VAT) 421 478 CREDITORS: AMOUNfs FALLING DUE WITHIN ONE YEAR 2025 2024 Other 1t0 ,512 1,451 MOVEMENT IN FUNDS Net movement in funds At 1.1024 At 30.9.25 Unrestrided fund% 109.560 (23.571) 85,989 T(wfAL FUNDS 109,560 {23.571) 85,989 Net movem1 in fiJnds. included in the aErf)v¢ are 8s follows.. IncomLt18 resou¢$ Resources expended M0Ment in fd$ Unrtstrlcted fvnds General fund 29246 (32.817) (23,571) TOTAL FUNDS 29,246 (52,817) (23.5711 Pa¥¢ 8 continued...
THE PARKHOUSE AWAKD NOTES TO THE FINANCIAL STATEMENfs- con¢inMe41 FOR THE YEAR ENDED 30 SEPTEMBER 2025 io. MOVEMENf IN FUNDS- eoRtlTrued CompAradveg for movemeTh¢ in funds Net movement in funds Ai 1.10.23 At 30.9.24 Unrestrleted fytsdj Genernl 111,948 (2,3881 109J60 TOTAL FUNDS 111,948 12.3881 109.$60 Comparativ¢ n¢t movement in funds, incJud¢d in the above are as follow5: Incoming resources Movem¢nl in fund$ expended UTrre8trletod General fiJt)d 28,166 (30.554) 113881 TOTAL FUNDS 28,166 (30,5541 12,388) A ¢urr¢nt ye& 12 rnont and wioryeaT 12 months combined p)5ition is as follows.. N¢t At 1.10.23 movemen¢ in fijnds At 30.9.25 urIrl¢t funth General fund 111,948 125,9591 85,989 TOTAL FUNDS 111.948 125,959) 85.989 A current year 12 month5 and prior year 12 months mbIned net movement in nds. included in the 4boYe are follows.. Inwming resource$ Resources exttnded Movement in furtds Uttrestrkted fundi Generat Ilmd 57,412 (83,3711 (25,959) TOTAL FUNDS 57,412 (83,371) 125.959) continued...
THE PARKHOUSE AWARD NOTES TO THE FINANCIAL STATEMENTS- ¢oDti FOR THE YEAR ENDED 30 SEPTEMBER 2025 RELATED PARTY DISCLOSURES The]r wer¢ rto r¢lat¢d pany transactions fordK yearended 30 Sept¢mber 2025. Pa8e 10