Charfity registration number 1142980 Company regislration number 07145737 (Engl#nd and Wales) WIMBLEDON INTERNATIONAL MUSIC FESTIVAL LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31 MARCH 2025 WIMBLEDON INTERNATIONAL MUSIC FESTIVAL LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees ARF Lenon J RM Hardwick J P Marland N Thomas E Wigley (Appointed 28 April 2025) Secretaiy CIL&rity nuThber CompHny number Registered office N Thomas 114298 071457.37 I l Burghley Road Wimbledon London SW19 5BG WIMBLEDON INTERNATIONAL MUSIC FESTIVAL LIMITED CONTEP4TS PA%e Trustees, report Independent ex*miner's report Statefftent uf finaneiAI activities Bg18nce sheet Notes to the fin￿nCl￿A statements IOto14 WIMBLF.DON INTERNATIONAL MUSIC FESTIVAL LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 Th¢ tyusiees prcsent Ilieir aThnual ￿POrt and fIn￿rIal siai¢m¢nls for Ihe yearended 31 March 2025. The finnnciol siaieinenis have been prcpll￿d IFJ ac¢ordance iviih Ihc accounling rx)licics s¢¢ out in note I lo Ihe financial la¢crncni% and comply iyiih the clI￿ritable coinpaiiy's memorandum and article5. Ilic Compllnies Aci 2006 and 'Acwuniithg und R¢porting by Cliariiies.. Siaicrncntof Recommended PraLlic¥ appli¢ablelo cliarilic5 preparin8 their accoiiiiis in acc(>rdance vith Ilie Financial Reporting Standard applTcabl¢ in the IJK and Republic of Irclatid IFRS 1021 leffeciivc l January 20191 Oble¢tlvr$ #nd itlivilieB 'I'lic chlliitthbl¢ ¢ompany's principal objective 15 to advance, improv¢, dcvclop and maintain public education in music and appreciation ofihe ari k)nd science ol'inu5ic in all ils aspec1%, including Ihrou8h Ihc pre5enlA(ion af public concerts And reciluls. Its primary aeiiviry, in pursuii of iliis objectivc far publi¢ b¢nefii, 15 to promote and manage w) annual music fesiivil I'the re¥tivul'l basrd in Wimbledon and Ihc surroundiiig ar¢a of Souih-W¢st London. The IrustBe% have paid due re8ard 10 8uideiice i55u¢d by Ilie Ch&iiiy Commission in decldlrng what aciivitics the charilablc company should undertake. Achievement5 performhnee I'he 2024 Wimbledon Inicrn¥Liionul Mu5LC Fcstival ivas Ihe sixieenih F¢siivo15inee ils founding in 2009. There ivere 16 mojor ¢v¢ning concerts. Iviili liv(I duublr ev¢nis Iboili iyiih iheincd lea or dinn¢r b¢iiveen Iliem. in conjunction viili locul r¥%laurant$l: 8 faniily (:oncen,' Pla),l-es1. a ci>mmuAiiy perforrning day.. lour lunchiiiii¢ 'Neiv-Generation Artists, eY¢nl%', und a m•jor ']41ucs and Raot5' cducaiionll prolLLt in portn¢r$liip iviili MLrtori Music foundaiion Ii'iih in-%ch()ol i114iru¢iion Icllin8 Ihe slury ol. sreat Lharle5 Mingus, and a eonLert ultcn(kd by approxii))4i¢ly l.6QO Mertun l)Timllry children ui the Nciv Wiinbledon lknealre. The Lun¢htlm¢ concerts, Family Concen. PlayFesi, and tk 'Blues and Roo(8. educational project all bencfjted from o 8r&ni rroin Arts Council En8loiid and IIK Nailottal Loilcry Fund, Tli¢ directors are cxlrcmely graieful for tli¢ir support. wa5 tlie r¢v¢lation vf the mu5icuI gifts 8nd m$iur¢ly ofihe then 17-)'¢arold Chincsc-Britisli violini%1 l.ciy £lits. Ivho pcrfotrn¢d d i¢¢linicully und mu5icolly deinanding conrcrt c()rnpl¢i¢ly Ironi memory. Tlic oihcr lunLhiiine concer15 includid a very scn%iiive ttnd ll85ure pcrforinancc by the young Turkisli plan1￿ Can ¢ukinur'. tivo fine young singers. soprano Daisey l.ii'esy. ¥iid Boss-Bariione Florian Slortz in iivo ¢an813s by J% lluch: Iviih Ihc finul luiicSitim¢ being o shuivcast concert by th¢ iniern&tion81 young siudenis ufihe Yehudi Mcniihin School in a p¢rformancc ofihc 16 year.old mendL15￿71n,$'s1Tili8 Oriel.. Tliis ivas fulli)%¥ed by a 18lk on 'Tlic Bu5inc55 of Mu5i£' by Gr&mmy-Aivard i%'iNner US celli41 Zuill Bailcy, folloived by a Lellts M#%(exlLS5. The op¢ning ¢lioral concerts showed ihe Acadcilly C.liolr And Ilttroquc OTclicslr& in fine forni in Handel'5 drainaiie oratorio. drama'J¢philia', and this sei ihc tlitmc ofihe 2024 FESlivul'. MUSICAL STORYTELLINti. 'lama MJthcson ivrotc and llcted the story of Russian ProkofiLv. 'Tlie Wandering Toiver., revealing Prokofiev as considciubl¢ story.t¢ller. PTokofiei' iYa5 the featured coniposer IhrouEhDut Ilic Fc51ival. Iviih Iiis violin sonala, his'Li¢uienani Kije Suit¢ t¢llingly performed by Ilie oulsl&iiding )'oung Connllught Brass Enscmblc. Prokofbev featurcd iti violist Laivrcnc¢ Poiyer's reLiidl wilh his suitc from Ihe balle( for 'Romco and Juliet: and also his 'Llassical 8>'mpliony in (lic final concert glven hy the l)hilh&rmonia Orchcslra. US £elli517vill B&illy il'as Ihe Anisl in Resideace. perform A mighty rcciiol of Rllchmaninov 8nd Chopin iviili pianist Piers Laiie,'.joining the Brodsky Quanei in a du&1 programm¢ of MDZiIrt inspired Quinlcl& perfomiing Schub¢rt's"Slriiig Quintet, and S¢hoenherg's 'Vttrklartc Naclil" giving & talk. und coiJdu¢iin8 a masicrclass, and a5 ￿][￿15{ in Tchaikoi'5K) s 'Rorc>¢o varialions ViTrIi￿ Judith Busbridgc. and clarinct I'irtUOFA) Mi¢hael Collins la long-standing art151ir p81ron of the Feslivall vere a150 gucst p¢rfomi¢rs iviih Ihe Brodskys. WIMBLEDON INTERNATIONAL MUSIC FESTIVAL LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Otlier notable performances were given by pianist Steven OsbornE. again f¢aturins (lie wil'er of musTC as ￿Ory-telling in sch￿rn￿nn's 'Stenes of Cliildliood-. and Ilie exlraordinar), 'Winsboro Cotion Mill Blues, describing thE 51iallerin8 8nd r¢l¢nil¢ss sounds of a liugc cotton mill and lh¢ PTOltst of Ihe t4'0rktrs'. Story-lelling again. Rcgrnt's Opcra offcrcd a fijiely sung and dramatic performance uf Mu£art's'Dun Giuvanni . ArmO￿lcO Consort pre5¢ni¢d a %vondrously litlie tnacied uccounl of Purcell's'Fairy Qu¢¢n' and Ili¢ ou¢%ianding Czech Pavel Haa5 Quariel in¢luded Buhuslav Martinu s Seventh Siring Quart¢i, folloiving a SCT¢cning of Ili¢ film 'Music of Qxile, telling ili¢ life story vf il iVrnFK)xr forced to lii'e in txile. The Fesiivbl losed %vith a dramatic perforjnance revealing Beellioven's 'indDtniiabl¢ i%'ill' as exprcssed in Iiis Sevenih Symphon>'. a performance movingly dedicaied lo thc departing found¢r and Fe$iivol Dircclor. Fin&nciAI rfview For Ili¢ y¢Jr ended 31 March 2025 tli¢ charitable coinpany N'corded n¢1 expendilurc of £31,474 {2024'. nci income £153,070). Total cliarily funds stood at £153,949 with no r¢strici¢d fund5. The re51ricled funds on l April 2024, Ivere uscd during ihc 2024 Tresiival lo support atlrndan¢¢ ai F¢%lival ¢on¢¢rts by sludenis aThd otliET young peaple, sptcificfilly scliaol pupil% attciiding Ilic collubornlii'c ¢v¢ni or&ianir¢d iviili Merton Music foundaiioii al Ilie N¢iv Wimbledon Tliesire. Givcn Ihe acknowlcd8¢d cliallenges of securing su51uiiiuble fuiiding for Ilie Festiv&l, Ihe board regHrd5 Ihc8L fv'suli% a% sutisfoctory. Crants and donatlon5 'rhe financial viubilily Df Ili¢ F¢siival reinaiiis Iiu8ely dependent on Ilie very generous finan¥ial support Ilint ive have r¢¢¢ived from rnany diff¢Teiii organisotions &nd individusls. Tlie dircclor5 Ivould likL its r¢¢ord Ilieir 8raiitudc lo all those ivho Iiave provided us %viih financial %upJx)rt. r¢¢ogiiisin8 in pArticular Ihe cuniribulions madL to Ilie 2024 fe51ival by ili¥ TLflIS l.'oundiili()n und Atls Couii¢il Englfjnd nnd Ilie Naiional Loiiery Furid. Tli¢ diN'cior$ h#v¢ also b¢£n cncouru¥Ld by Ihe strength of %upw)rt fr(im ()ur Friends and f4¢iiefaLtors. Re$ervu poll¢y Tlic charil) aim.% li) build linmciul r¢s¢rv¢s 10 ensDrL' Ililli Ih¢rc arc adtquniL £oniinuenLy fiiiids avBilablc to u%sisi th¢ niuiiRgcmLnl d¢liv¢ry of annu21 Fe%livalf rjn a c()niinuing b￿ls. And fi>r ivinding up Ihc l.-cslivul und Coinponi,, sliould Ihal ¢v¢r b¢¢onie nLCC¥5firy.'I'hL' Irusl¢e% urc siitisfi¢d Ili&l Ihc rcfcr¥cN ul 31 MarLlI 2024. ()r£153.949. provid¢ IIL'.%ihility und alloiv Ili¢ ¢hJriiul)le ¢oinpuny 10 In¢ei its obligatioris in any T¢uwnably fores¢eJble cirLumslai)ce5. Future fund rai¥iJ)8 10 build rcsilicnre l()ng¢r i¢rin reJn8in3 a key priorily. PIAn.$ forthe Futurt 'I'lic 2024 F¢stiYal Inorkcd Ilic rclircment ol'ouT founder Arfi811¢ DireLtor. Anthi)ny Wilkinson. Ivho ¢rc&lEd ik Festiv&l. Willi hi5 reliiEfibEni and Ilie 4ppoinlment of a successor. Aniliony Friend, in ellrl). 2025. Ihc Fcslival has bcgun u n¢1¥ thapier in 115 hi510ry. Th¢ diredoTh look forivard 10 Ihe furih¢r arti51iL dcvelopineni ol'ili¢ fr¢*ivul, building on ihc oul51andiiig legacy of 115 roundcT. and ¢ombining boili coniinijity and innovaiion. sccking io atiract neiv and wider audieThces i¥hilc malniaining the exceplionally high standards by precedeni. With the Arti￿1C dircciion of ihe Fc51ival secured for th¢ n¢xl stag¢. the directors are very focused on Ihe need to secure ¢ontinuit>' tsnd durabilit). of funding, Ivliich is Ihc most 5ignificanl risk fa¢ed b), (he LI1￿lIUbIC coilipany, Th¢ dir¢¢iois have 55esscd Ihc Dthrr risks 10 ivliich the chari14Lble cornpany 15 ¢Apos¢d and irtt suiisficd 11181 proccdurc5 iii pla¢¢ lo mitigate cxposurc lo th¢ rnajoT iisks. Stru¢turt* governance and managtmtni The Charily is coThsiiluted 85 a compaiiy limited by guorttniee, illct)rporaicd on 4111 Fcbruary 2010. The overall mallagcment of the Charity is vested in ihc IM)ard of dircctors olih¢ Company, Ivho are the Irusiees ofihe Chariiy. The board of direcloTS meels pcriodically during the y¢ar lo Iransacl the principal acttvity ofihe Clirtriiy. Reference Rnd ndmini$tritivè ddAIIs The Company Iregisfered iiumbeT 071457371 1$ also o r¢gisi¢r¢d charily {No. 11429801 Ind its ￿BIll¢red orficc is I I Burghley Road London SW19 5BG WIMBLF.DON IIYTERNATIONAL MUSIC FESTIVAL LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUFD) FOR THE YEAR EJVDED 31 MARCH 2025 Du¢ to lh¢ size ofihe Compan},. the Company is eienipl frotn Ih¢ requirements for a Comparties Aci audit. Iii Ilie opinion of Ihe dirc£iors, tlie CompRny. a5 a rcgi51¢red cliarily irading solely for it5 priinary purpose las (kfined by thc Cotporatioii Tax Act 20101, is tu exenipl. Dire¢tors The Ii'u51ees, Ivlio arc a150 lh¢ dir¢¢iors for Ihe piirpose ofcoiKpany laiv, and ivho served during the year and up lo (he dale of signatur¢ of lh¢ fin0ncl￿ siaiernents %i'erc'. ARf Lenon J RM Har¢J%vick J P Marland N ThDmas Wigley Chair Treasurer (Appointcd 28 April 20251 8iralcBi¢ oversight and direciion of the company is undertaken by th¢ dir¢cloTS. SUPPOrted by Ilie FeJival Artistic Dircctor, vho lias responsibility forilie anistic progrnmmc. ih¢ Frsiival Producer, Ivho leads on Ilie day-to-day planni￿8 nThd delivcry of ih¢ f¢5tival.'lkne Artislic DireclOT dnd F¢siival Produccrare supported by jUniUT m¢inber8, the Benelactors &rtd Friends Admini51rntOT and a number of vol￿niCerS ivl)o provide invaliiablc %upwrt ai fill Ihc fesiii'al eveiiis io ensure Ihoi iliey run smoothly. Al liJn¢s. the board of dir¢ciors eslabli51ies conitni11#¥5 druivn from 12mniig8t tlic dircctors. willi e.xternol suppon ivherc ppropri81e, 10 05sisI Iheni in Ihcir ii'ork. Tliis #pproJ¢h ￿,￿$ iaken lo sup￿rt the rc¢ruiim¢ni procek% llnd pun¢ls for ihe )ppc>inlrnLnt ()I'th¢ neiv Artisti¢ r)irecior, ¥vhich %Yas adi'cff iscd by opcn C(1￿)p¢11ls0n. For ne%Y'l ru%lcc appoiniiiiLni8, a simi1OT approatli will bc token, Lx¢¢pt ivlicr¢ Ilie board is aivare (>fu ivrll.qu81ilied Lnndidole i¥hom Ili¢ Lxisling Irusi¢¥s beliLve ii'tiuld briii¥ valuabl¢ ¢xperience and.%Kill.s 10 Ilic board, iii ivhich ca%e sucli ll pcrson Inay bc invii¢d 10 becomL ￿ Iruslcc by direei invilalion. In either case Ilie vlews of all exisiing Iru51e¢s Bre CELnvassed and a ¢onsensus rellchcd bcfore an uppoinlmvnl IS mud¢. In carrying oui Ilie aciiviiics of Ilie Chllri¢y, the dtreclOTS as iruste¢s h8v¢ ¢omplied iviih the duly under se¢iion 1715} of the (.'hArillt% ALI 2011 lo liavc reg￿rd IL) Ihc Cliurity Comiiii$8ion's Ruidonce ot) public benefit and they fyr¢ salisfied thai the Charil), fuifils 115 fun(SJminlul obj¢clS and so provides publiL bLntf*t. Our Bcncf¢1clor5 and Friends orB8nisaiion is a key componcThl ofour Ft%iival ctsmmunity. boih a5 audien¢¢ member$ and as provid¢rs ol'thn(ling.'I'hL dir¢LI(ITS iliaiik All ofour B¢ncfariors und Fri¢nds, Ivithoul ivlioIn Ilie l.'esiivlll Ltyuld not coiiilnue lo be As successful. We are also rnost grateful io the mllny volunt¢crs ivho provide invaluablc 5uppori 4t 911 the Festival cvenis lo ensure thai ih¢y ruii sinotsihly, Thc dir¢clOTS ¢xpress their immensc grotitude to Ibr outgoing Fesiival Dir¢¢ior, Anlhony Wilk'inson, Ivhose remarkable i¥iork ensutEd llnoilier suLLcssful ycar for tlic Fc51ival, and cxtgnd a v¢ry ivam) ivclcome 10 his siitte*sor. The tnL5tces' rcport iv&s approv¢d by the Boord ofTrLwees on 181h December 2025. N Thoma$ Trustee Datod.. 18" December 2025 WIMBLEDON INTERNATIONAL MUSIC FESTIVAL LIMITED INDEPENDEIYT EXAMINER'S REPORT TO THE TRUSTEES OF WIMBLEDON INTERNA TIONAL MUSIC FESTIVAL LIMITED rerxin io Ili¢ irusl¢e5 on rny examinolion of Ilie financial slat¢menis of Wimbledon Iniernalional Music Festival Ltmiied Iilie cliarilable cornpanyl for Ili¢ year ended 31 Marcli 2025. Responsibilitit$ #hd b&sls of report As Ilie Inislee8 of IliB clioriiJbl¢ ¢ompany land also its directors for ilie purposc8 of CoMp￿nY laivl you are re5ponsibl¢ for Ilie preparaiion of Ille financial slal¢mcn¢5 in a¢¢ordaiicc ivitli the requirL'menis of the Con)panies Act 20061llie 2006 Act). Having 5alisfi¢d Inyself iliat the fjnancial statcinents oftlie charitable company arc not required to be audited under Part 16 of Ihe 2006 Act and are eligibl¢ fvr ind¥p¢ndent ex￿Mination. l Teport in respecr ol. my examin£Itio￿ of the cI18riiable coinpany's financial sttti¢iii¢nis £arricd oui under seciian 145 of Ilic Clinrilie5 2011 Iilit 2011 Acil. In carr)'ing out m) c%amiiiaiioD I havc folloi4rd all the Jppliiabl¢ Directions givcn by th¢ Cliarity Conimission undcT 5CCtio# 1451Sllbl oftlie 2011 Aci. Ind¢pEndenl tXAmlner's stAtemcnt Sin¢¢ Ilie cliarilal)le compall) s grtsss income exceeded £25Q,000 your cxamin¢r must be & rncmber of body lisied in 5CCtioii 143 of the 2011 A¢1. l ¢onfirin IIIRI l am 4ualified 10 undertakc the examinaiion bc£ause l um a member Of ICAEW, which is one oftli¢ lisied bodic5. I hove ¢oiDpl¢led my examinulion. I confirni thai no maiicrs have coine to my att¢niioii in coNneclion %YS111 Ihc ¢xuininaiion 8iving ML Lau5c lo bcliev¢ 11141 in any niaicrial r¢spccI'. accounting r¢¢ords were not kepi in re5peei of the chlriiable wmpany as TCqUiTed by s¢¢iion 386 of lh¢ 2006 ALI., or Ihc financial ilutemcnts do not &¢cord iviili thofe records.. or tli¢ fiiiancial siaiL'meni% do not Lomply %VTilI Ilie J¢¢()uniin8 rcquirement5 ofs¢¢ilon 396 of (he 2006 A¢1 olh¢r thw) any requir¢m¢ni thai Ihc a¢¢ouni% give a Irue and fllir vicw ivhl¢h 1$ noi g mlltt¢r consid¢r¢d 8$ of un indep¢nd¢iil c.K8rninulion'. or Ilii financiul sill(¢nienis hLVC n()t htcn prepored in accoi'dancc iviih ilie mLllI(?ds und prineiplcs of the Si&ienicn¢ of IiL¢pmmcnd¢d Pro¢ticc for accounling and r¢poriing by charilic5 applicabl¢ 10 Lharilics prcparing thcir o£counl$ 111 a¢tordanee iviih Ihe FinanciHI IlewTrrting Siandard applicabl¢ in Ihe UK and Rcpubli¢ of Sr¢l8rtd11.'EiS 1021. I have no ¢on