Company Registration Number 2913221
Charity ReE5stration Number 1040342
REPORT OF THE DIRECTORS
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
FOR
THE MANCHESTER CONCERT HALL LIMITED
*AEHR7F9E*
1911212025
COMPANIES HOUSE
A33
#77

THE MANCHESTER CONCERT HALL LIMITED
CONTENTS OF THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
Page
Company Information
Report of The Directors
2to5
Independent Examiners Report
Statement of Flnanclal Position
Balance Sheet
Notes to the Financlal Statements
9t012

THE MANCHESTER CONCERT HALL UMITED
COMPANY INFORMATION FOR THE YEAR EIYDED 31ST MARCH ZOZS
DIRECTORS:
Marlan Kathryn Sudbury OBE
Professor Thomas Christian Schmldt
. Mark Dobson
sal￿ Fuller Cook
Vaqas Farooq
John Gerard Rooney
Drjo Yee Cheung
Steven Jame5 Lind50V
Joan Elizabeth Davies
Nicholas Britton Trygstad
Resigned 26th June 2025
Appolnted 11 Aprll 2024
Appointed 9 May 2024
REGISTERED OFFICE:
Manchester Professional Servlces Llmited
Level S, Town Hall Extenslon
Albert Square
Manchester
M60 2LA
COMPANY NUMBER:
CHARITY NUMBER:
2913221
1040342
SECRETARY:
Manchester Professional Service5 Limited
Level 5, Town Ha51 Extension
Albert Square
Manchester
M60 2L4
INDEPENDENT EXAMINERS:
Percy Westhead & Companv
Chartered Accountants
Hanover Hovse
30-32 Charlotte Street
Manchester
M14FD
8ANKERS:
Barclays Bank PLC
51 Mosley Street
Manchester
M2 3HQ

THE MANCHESTER CONCERT HALL LIMITED
REPORT OF THE DIREcfoRS
FOR THE YEAR ENDED 31ST MARCH 2025
The Directors present their report and financial statements for the year ended 31 March 2025.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Board currently con515ts of the Chair and eight Dlrectors.
The Board receives detailed papers on the business to be conducted at each meeting In advance.
All Directors have access to the advice and services of the Cornpanysecretary.
The Company Secretary is responsible for advising the Board on governance matters and for ensuring
compliance with Board procedures.
Directors are appointed for their legal, financial, business, artistic and community engagement
and receive Inductlon on appointment to.the Board that has been tailored to thelr indlvidual needs.
Away Days and training sessions are organised to support Board development as and when they are
required.
The Chief Executive of the 8ridgewater Hall, employed by ASM Global (formerly SMG Europe Holdings
Llmited) attends Board meetings to. present progress reports on the dellvery of the management
agreement.
Manchester Concert Hall Limited is committed to working towards the highest standards of governance
as set out in the Charlty Governance Code.
The Board has approved a Code of Conduct for trustees.
OBJECTIVES AND AcfiviTIES
The Manchester Concert Hall Limited, a company IiTnited by guarantee (reg no. 2913221) and does not
have any Share capital.
It is a550 a registered charity (reg no. 10403421.
The objects for which the Company is estsblished are to promote, maintain, improve, develop and
advance public educatlon by the encouragement of the arts, includlng muslc, opera, drama, singin8,
mime, dancing, paintin8, sculpture, cinema, literature and other arts and in particular provision
of and operation of a Concert Hall in the city of Manchester.
The Dirertors are also trustees of the charity and confirm that they have complied with the duty in
section 1715) of the 2011 Charities Act to have due regard to guidance published by the Charity
Commission on public benefit.

THE MANCHESTER CONCERT HALL LIMITED
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST MARCH 2025- continued
The Company's re5ponslblllty Is the provision and operation of the Hall, which is Manchesterf5 principal
Concert Hall.
The Hall is leased from Manchester City Council (The Council) to the Company at one red rose rental for a
period of 35 years. The Company is responsible within the lease for the operation of the Hall on term5
acceptable to the Council and the Company.
The Company Itself has no flxed assets.
Under the current rnanagement agreement, the Company has appointed ASM Global as operator to manage
the Hall on its behalf.
The Manchester Corncert Hall Limlted board met on 6 occasions during this period.
Plans for future periods
It Is envisaged that the company wlll cease activlty during the 12 months followin8 the date of this report.
Financial Review
The accounts are prepared under the historlcal cost conventlon and In accordance with the Financlal
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and In compliance with the
provisions of part 15 of the Companies Act 2006 and the Charities Act 2011.
The Company's balance sheet as at 31 March 2025 shows a balance of £69,246 on the General Fund
12023/24 £65,806). This balance remains sufficient to meet all outgoing items of expenditure and future
plans and commitments,
As the operator makes no further contributions, the Council has a direct responsibility for the replacement
of items of capital equlpment within the Hall. The operator still has a responsiblllty for the day-to-day
maintenance costs of the bulldin8 and the costs for preparation of a new tender.
The Company recesved incorne from the Hallé Concerts Society by way of rent. Expendlture represents
management and adminlstration costs and costs in monitoring the operator's performance In accordance
with the Management Agreement.
The company did not engage in any investment activity durlng the financlal year.

THÉ MANCHESTER CONCERT HALL LIMITED
REPORT OF THE DIREcfoRS
FOR THE YEAR ENDED 31ST MARCH 2025- continued
Dlrectors and thelr Interests
The Company is limlted by guarantee and the Dlrertors were all guarantors at the year-end. The Council may
appoint up to two Directors of the Company. The malor rlsks to which the charity is exposed, as identlfied by the
Directors, have been reviewed in the past but will need to be reviewed periodically in future, and appropriate
Systems established to mitlgate these risks.
In the event of the winding-up or dlssolutlon of the Company, any surplus assets shall be glven or transferred to
some other charitable Institution havlng charitable oblettives similar to the objects of the Company.
Member5 and Dlrectors
The members and Directors who served durlng this year were as follows:
Date of a
08.12.21
08.12.21
09.08.19
04.02.22
04.02.22
07.02,23
15.09.23
15.09.23
11.04.24
09.05.24
polntment
Date of reslgnatlon
NIA
NIA
NIA
26.06.25
NIA
NIA
NIA
NIA
NIA
N/A
Marian Kath n Sudbury (Chair}
Thomas Christian Schmidt (Vice Chalrl
Mark Dobson
Sall Fuller Cook
Vaqas Farooq
John Gerard Rooney
Orjo Yee Cheung
Steven James Llndsa
Joan Elizabeth Oavies
Nicholas Brltton Trygstad

THE MANCHESTER CONCERT HALL LIMITED
REPORT OF THE DIREcfoRS
FOR THE YEAR ENDED 315T MARCH 202> contlnued
Statement of Dirertors, responsibilities In respert of the accounts
The Dlrertors are responsible for preparing the Directors. report and accounts In accordance with applicable law
nd regulation5.
Company law requires the Dlrectors to prepare accounts for each financlal year. Underthat law, the Dlrectors
have elected to prepare the accounts in accordance wlth the UK Generally Accepted Accountln8 Practlce,
Unéer company law the Direttors must not approvè the accounts unless they are satisfied that they give a true
and fair view of the State of affalrs of the Company and of the net incorne or expenditure of the Company for that
period.
In preparlng the accounts, the Oirectors are required to:
Select sultable accountlng policle5 and then apply them con51stently
Make judgements and estlmates that are reasonable and prudent
Prepare the accounts on the going concern basis unless it is inapproprlate to p￿SUme
that the Company wlll conrinue business.
The DlrKtors are responslble for keeplng adequate accountlnB records that are sufficlent to show and explain the
company.:s.transactlons and disclose wlth reasonable accuracy at any time the financial position of the company
and to eiiable them to ensure that the accounts comply with the Companies Act 2CM)6. They are a150 responslble
for safeguardlng the assets of the company and hènce for takln8 reasonable steps fof the preventlon and
detectlon of fraud and other irregularities.
Srnall companles, exemptlon
Thi5 report has been prepared In accordance wlth the special prov151ons of Part 15 of the Companles Act
2006 relatSng to small companies.
The statutory profit and1055 account headin8 set out in the Companies Act have been amended to reflect
the charitable nature of the Company and that it Is not trading for proflt.
By order of the 8oard.
For and on behalf of Manchester Professional Services Limited
Company Secretary
Date..
1611212025

INDEPENDENT EXAMINER5 REPORT AuDifoRS TO THE fRUSTEES OF MANCHESYER CONCERT HALL UMITED
I report to the charlty trustee5 on my examlnation of the accounts of the company for the year ended 31. March 2025
whlch a￿ set out on pages 7 to 12.
Rt5ponsibifrties and basls of report
As the charitytru5tees of the company lond also its dlrecttsrs lor the purposes of (ompany lawl you are responsible for
the preparatlon of the accounts In accordaft￿ with the requlrements of the Companle$ Act 20061.the 2006 Aev).
Havlng satlsfied myself thatthe accounts of the company are not requlred to be audited under PJrt 16 of the 2(*)6 Art
ènd ère ellglble lor inilependent examinatSon. l iepDrt in respect of my examlnatlon of your company's accounts as carried
out under sectlon 145 of the Charlties Att 20111'the 2011 A¢YI. In carrylng out my examlnatlon I have folkswed the Dlrectlons
given by the Charlty Commisslon under se¢rlon 14515llbl of the 2011 Art.
Independent examlner's st•¢ement
I have compkted my examlnatlon. I c£>nfirm that no matters have corne to my attentlon in connection w6th the examinatlon
glvlng me cause to belleve that In any materlal ￿speCt-
Jccountlng records wert not kept In respect of the company as required by sectlon 386 of the 2006 Act,. or
the atcounts do not accord wfth tl105e record5 . or
the accounts do not comply with the accountini requlrements of sectlon 396 of the 2006
Art other than any requlrement that the accounts 8lve a 'true and falr vlev/ which Is not
m)tter consldered •$ part ol an Independent examinatlon: or
the account5 have not been prepared In accordance wlth the methods and prlnclples ol thè
Staternent of Recommended Practice for actountSng ènd reportln8 by chJrftle$ lappllcable
to charltles preparing their account5 In accordance wlth the Financlèl Aeportlng Standard
oppllcable In the UK and Republlc of Irel•nd IFRS 10211.
I have no concerns and have corne atross no other matters In connectlon with the examlnatlon to
whlch attention should be drawn In this report In order to enable a proper understandln8 of the
accounts to be reached.
S*ned'.
Tlmothy A R Elston BA FCA
Percy WÈSthead & Companv
Chartered Attountants
Hanover House
32 Charlotte Stfeet
Manchester
M14FD
Date
Il IL Zoi

THE MANCHESTER CONCERT HALL LIMITED
STATEMENT OF FINANCIAL AcnviTIES AND INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
Notes
Unrestrlcted
Funds
2025
Restrlcted
Funds
2025
Total
Funds
2025
Total
Funds
2024
INCOME
Donatlons and lega¢lès
Voluntary income- Donation MCC
Grant recelved Fundraising Consultan¢y
9,703
9.703
28,350
30,000
58,350
9.703
9,703
INCOME
Incom• ttOLn ch•rltabl• ¥rti¥iti•s
Rental Income from Or¢hestra
23.OOJ
23.OQJ
23,000
23,000
23,000
23,OLM)
TOTAL INCOME
32,703
32,703
81,350
EXPENDITURE
Ch•rltable adlvltles
Monltorlni performance of the Hall
Consultancy
Governance and support cost$
TOTAL EXPENDITURE
2,977
2,977
27,974
25,312
56,263
2,790
9,960
41,649
54,399
27,974
25,312
28,289
27,974
Nrf INCOMEIEXPENDITVRE FOR THE YEAR
Transfers between funds
NET MOVEMENT IN FUNDS
Balances brought foThvèrd at l Aprll
4,414
974
3.440
65.806
127,9741
974
27,¢)001
27,000
123.5601
26,951
123,5601
92,806
26,951
65,855
BALANCES CARRIED FORWARD AT 31 MARCH
69,246
69,246
92,806
There were no feco8nlsed 8aln$ 011055es Other than the net loss fof ihe year of £23,56012024 net
proflt of £26.9511.

THE MANCHESTER CONCERT HALL UMITED
BALANCE SHEET
AS AT 31ST MARCH 2025
Company Reglstration Number 2913221
Charlty Registration Number 1040342
Notes
2025
2024
CURRENT ASSETS
Debtors
Cash at bank and in hand
154
76.186
76,340
81
99.090
99.171
CREDITORS
Amounts falllng due wlthln one year
7,094
6,365
TOTAL NET ASSETS
69,246
92,806
FUNDS
Unrestricted funds
Restrlcted funds
69,246
65,806
27,000
69.246
92,806
The accounts have been prepared in accordance with the special provlslons of part 15 of the
Companles Art 2006 relatlng to small companies and wlth the Charitles Act 2011.
Approved by the Board
And 5isned for and on thelr behalf by
Marian Kathryn Sudbury OBE {Chair)
Date .1611212025

THE MANCHESTER CONCERT HALL LIMITED
NOTES TO THE AccouNrs
for the year ended 31 March 2025
I STATUTORY INFORMATION
The Manchester Concert Hall Limited is a charitable company,1Smited by guarantee, re8lStered in
England and Wales. The company's re8lstered number and registered offlce address can be found on
the Company Information page. The presentation currency of the financial ststements is the Pound
Sterling 1£).
2 ACCOUNTING POUCIES
Accounting convention
The Charlty constltutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared In accordance with Accounting and Reporting bycharities:
Staternent of Recommended Practlce appllcable to charities preparing their accounts In accordance wlth
the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 effective 1st
January 2015 - (Charitles SORP IFRS 102}I, the FSnandal Flnanclal Reportln8 Standard applicable in the
UK and Republlc of Ireland IFRS 1021 and UK General Accepted Accountlng Practlce.
The accounts are prepared on a goin£ concern basls under the historical cost convention. The flnanoal
statements are presented in sterling whlch is the functional currenry of the charitv.
Fund5
Unrestrlrted funds are available for use at the dlscretlon of the trustees In fijrtherance of the general
objectives of the charity and which which have not been deslgnated for other purposes.
Restrlcted funds are funds whlch are to be used in accordance wlth specific restrictlons imposed by
donors or which have been raised by the charity for particular purposes. The costs of raising and
admlnistering such funds are charged against the specific fund. The aim and use of each restrlrted fund
Is set out In the notes to the flnancial statements.
Income recognitloh
All Incomlng resources are Included In the Statement of Flnanclal Actlvltles ISOFAI when the charlty15
legally entitled to the income after any performance conditions have been met, the amount can be
measured reliably and It is probable that the income will be received.
Donated professlonal servlces are recognised In Income at thelr fair value when thelr economlc benefit
is probable, It can be measured reliably and the charity has control over the item. Fair value is
determined on the basls of the value of the gift tothe charity. For example. the amountthe charity
would be wllllng to pay In the open market for such faolltles and servlces, A corresponding amount is
recognised In expenditure.
Income from grants is recogni5ed at fair value when the charity has entltlement after any perfomance
conditions have been met, it is probable that the income will be received, and the amount can be
measured rellably. If entitlement is not met. then these amounts are deferred.

THE MANCHESTER CONCERT HALL UMITED
NOTES TO THE ACCOUNTS- continued
for the year ended 31 March 2025
Expenditure recognition
All expenditure is accounted for on an accruals basls and has been classified under headings that a88regate
all costs related to the category.
Expenditure is recognised where there is a legal or constructive obligation to make payments to third
parties, it is probable that the settlement will be required, and the amount of the obligation can be
measured rellablv.
Irrecoverable VAT Is charged as an expense against the activity for which expÈnditure arose.
Support costs allocation
Support COSts are those that assist the work of the charity but do not directly represent charltable actlvltles
and include office costs, governance costs and administrative costs. They are incurred directly in support of
expenditure on the objects of the charity. All support costs have been allocated to expenditure on
haritable activities as the sole attributable activity of the charity.
Repalr and Maintenance of the Bridgewater Hall
The capital repairing obllgations of the Bridgewater Hall remain with Manchester City Council as
Freeholder. The company• on behalf of Manchester City Councll, previously Involced the Operator for a
contribution towards those costs. The amount of this contributlon was Specified in the lease agreement
with the Operator. However, Manchester City Council agreed that the operator be released from the
obligatlon to make further contrlbut5ons from January 2004 onwards. The money was held In a designated
fund (referred to as a 'sinking fund, in the Directors, report) in the accounts of the Manchester Concert Hall
Llmited until it was drawn down by the City Council to meet repalr and maintenance expenditure. The fund
ha5 now been exhausted and the on80ing capital repalrlng obllgatlons of the Hall will be met by the City
Council,
Taxatlon
The company, being a registered charity, is not liable for income and corporation tax on it's
net income.
Golng Concern
It is envisaged that the company will cease activlty during the 12 months following the date of this report
and the accounts have been prepared on the break up basis.
io

THE MANCHESTER CONCERT HALL LIMITED
NOTES TO THE ACCOUNTS- continued
for the year ended 31 March 2025
2 GOVERNANCE AND SUPPORT COSTS
2025
2024
Insurance
Admin support costs
Legal fees
MCC Business Rates
Bank charges
Independent Examiners. remuneration
Trustees expenses
478
13,077
3,626
6,300
290
31,512
2,556
5,811
1,620
211
25,312
1,440
40
41,649
* Insurance relates to directors and liabillty insurance
3 OPERATING PROFIT
2025
2024
Fees payable to the charltvs Independent Examiner for the
Independent examlnatlon of the charStVs annual accounts:
Independent examlnation fee
Additional accountancy work
1,200
420
1,620
1,080
360
1,440
4 TRUSTEE'S REMUNERATION AND EXPENSES AND STAFF COSTS AND NUMBERS
Expenses of £211 were paid to the trustees during the year (2024: £401. The Manchester
Concert Hall Limited does not employ any staff; the company is served by the staff of
Manchester Clty Councll for whlch a management charge Is payable. Additlonal staff tlme
in excess of this is recogni5ed as donated services.
No remuneration has been paid to the trustees in the year (nor in the comparatlve period).
5 DEBTORS
2025
2024
Prepaid expenses
154
154
81
81
6 CREDITORS
2025
2024
Trade creditors
Accruals
65
6,300
6,365
- 7,094
7,094
li

THE MANCHESTER CONCERT HALL UMITED
NOTES TOTHE ACCOUNTS- continued
for the ye8r ended 31 Marth 2025
7 FUND RECONOLIATION
Balance at
151 April 2024
8alance at
Tr4nsfer$ 31st Marth 2025
Income
Expendlture
Unrestilrted FuAds
General Fund
65,806
65,806
32,703
32,703
128,2891
128,2891
9741
{9741
69,246
69,246
Restrlcted Funds
Fundraising consultan
27.000
27.000
127,9741
127,9741
974
974
92,806
32,703
56,2631
Balance at
'lstApril 2023
Balance at
Transfers 31st Marth 2024
Income
EKpendlture
Unrestrlrted Funds
G*neral Fund
65.855
65.855
51,350
51,350
151,3991
15L399)
65,806
65.806
Re5trlite(l Fund5
Fundrèi51rtr8 consultancv
30,OC4)
30,OC
13.0001
13.0001
27,000
27,000
65.855
54,399
92,8L
Restrided funds relate tofundlni to support fundraisin8 Consultancy work
ANALYSIS OF FUNDS
2025
2025
2025
rotal Funds
Restrkted Funds Unrestrf¢ted Funds
Current Assets
Creditois
Net Assets
76,340
17,0941
69,246
76.340
17,0941
69.246
9 MEMBERSHIP
The Manch•ster Concert Hall Llmited Is a cornpany limited by 8uarantee wlth a permittéd rnaximum membership of 11.
Every member of the cpmpany undert?ke5 to contrlbute one pound to the asset5 of the cornpary In the eventof the cornpany
beln8 wound up whlle he Qr she Is • member. or within one year after he or she ceases to b• • rn4mb•r, for pdymerbt of th•
debts and Ilobilitle5 of the company controrted before he or She tea5e5 to be a member.
If upon the winding-up or dlssolutlon of the compary there remains, after the satisfaction of all its debts and fiabililles, anv
property whatsoever. the surplu5 Shall be glven or trwn5ferred to some other charitable institution ha¥lng chirltpble Oblerts
slmilor to the Objects of the company.
10 RELATED PARTY TRAN5AcfioN5
Thero were no relat•d party transirtlons durln& tht ye•r, which requlre disclosure In the Accounts.
12