Registered number: 07942156 Charity number: 1147891
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Company, its Trustees and advisers | 1 |
| Trustees' report | 2 - 6 |
| Independent examiner's report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 - 19 |
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
John Robert Boas, Trustee Lord Charles Edward Vere Cecil, Trustee Elizabeth Barbara Fagg, Trustee Nicholas John Moorhouse, Trustee Mary Cheyne Moseley, Trustee Allan Douglas Erskine Arthur, Trustee Edward Graham Blakeman, Chair (appointed 4 January 2024) Maja Wegrzynowska, Trustee (appointed 22 April 2024)
Company registered number
07942156
Charity registered number
1147891
Registered office
Hatfield House Hatfield Hertfordshire AL9 5NQ
Company secretary
Eleanor Cranmer (appointed 15 September 2025)
Accountants
GMBC LLP Chartered Tax Advisers and Accountants Marine House 151 Western Road Haywards Heath West Sussex RH16 3LH
Page 1
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL (A company limited by guarantee)
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report together with the financial statements of the Hatfield House Chamber Music Festival for the period 01 January 2024 to 31 December 2024. The annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small company under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The charity's objects are to promote and advance the education and appreciation of the public generally in the study and practice of music and similar arts, in particular by means of presenting an annual music festival and other events.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
b. Activities undertaken to achieve objectives
The policies adopted in furtherance of these objects are the design, marketing and presentation of musical and other arts events. Most events take place at Hatfield House Estate and there has been no change in these during the year.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Page 2
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Achievements and performance
a. Review of activities
In 2024 the Festival continued to offer a full programme of concerts, talks and other events, over a four-day weekend at venues in Hatfield House and its grounds. The Festival’s theme was Musical Time Travel and explored the times and places of particular pieces of music, ranging from Dowland - who was once composer in residence at the House – right up to the present day.
According to the current Lord Salisbury, the House was built by the first Earl of Salisbury, Robert Cecil, with the intention of filling it with music and entertainment and the annual Festival is certainly fulfilling that desire.
Fauré and Schoenberg were the anniversary composers in 2024 and the Festival also celebrated the 25th anniversary of the BBC Radio 3 New Generation Artists scheme, supporting talented young musicians. The concert given by the Consone Quartet was broadcast on Radio 3. The Festival also welcomed the Guy Johnston’s newly formed Bechstein Piano Trio for the opening concert.
The line-up of other artists in 2024 included Magnus Johnston (violin), Maggie Cole (harpsichord), Gwilym Simcock (jazz piano), Emma Rawicz (saxophone), Merryweather Theatre, Purcell School students, Recordare, Victor Maslov (piano), Kaleidoscope Chamber Collective, and Ensemble 360. The concert days were also punctuated with interesting insights by writer and broadcaster Stephen Johnson in conversation with the performers from the stage in the Marble Hall.
As always, education played an important role during the Festival. The activity comprised a Schools Concert, given by the Bechstein Piano Trio; a Family Musical Performance; workshops, both in schools and also in the Festival venues; and a new venture for 2024: a popular Come and Sing event led by Harry Bradford, conductor of the chamber choir Recordare.
Audience numbers were still slightly down on pre-Covid levels, but efforts to spread the word of the Festival did bring in some new concert goers – an encouraging sign for the future.
Page 3
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
b. Reserves policy
The Trustees intend to hold sufficient reserves to cover 3 months operating costs, which relate mainly to the cost of the Festival Manager.
c. Financial review
Income decreased to £66,102 (2023 £77,357) and the charity made an overall surplus in the year of £5,883 (2023 - deficit £10,198). Funding specifically for education and schools activities was lower than in 2023 resulting in a deficit on restricted activities. This deficit has been offset by a transfer of funds from unrestricted reserves. Overall reserves are £25,568 at 31 December 2024..
Structure, governance and management
a. Constitution
Hatfield House Chamber Music Festival is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
b. Methods of appointment or election of Trustees
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.
c. Organisational structure and decision-making policies
The Trustees of the charity manage the business and appoint a Festival Manager and an Education and Outreach Manager to organise and run the annual event.
d. Financial risk management
The Trustees have assessed the major risks to which the Company is exposed, in particular those related to the operations and finances of the Company, and are satisfied that systems and procedures currently in place and those agreed to be implemented in the future will mitigate exposure to major risks.
Page 4
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Plans for future periods
The Hatfield House Music Festival is moving forward with new developments and renewed optimism for the future. Since the 2024 Festival, there have been various fundraising, publicity and marketing initiatives, spearheaded by the various subgroups of the Trustees. A new Learning and Participation Manager has been appointed and brings many fresh ideas. Two new Financial Controllers have also been appointed, to share this key role and take forward the excellent work undertaken for many years by the current holder of this post.
Positioning the Festival a fortnight later in 2024 was a considered to be a success, enabling more interaction with local schools for learning and participation projects, and this is being continued. The 2025 Festival will therefore run from 9 to 12 October and engage actively with the local community.
The Festival’s concert giving activities continue to be inspired by the desire to bring together top musicians for an intense weekend of quality music making. The 2025 Festival will be one of the most ambitious so far. The theme is The Gift of Music and the Festival finale will be a choral and orchestral concert juxtaposing John Tavener’s The Protecting Veil and Handel’s Messiah . The link with Hatfield House itself and the support of the Salisbury family remain as strong as ever. This year there is a direct connection with Handel and his gift of Messiah to the Foundling Hospital, which was built on land once owned by the Salisbury family. In 2026 the Festival will celebrate its 15[th] anniversary and the 80[th] birthday of Lord Salisbury with, among other things, the commission of a significant new work, and it will also mark the 400[th] anniversary of the death of John Dowland, whose patron was the first Earl of Salisbury.
The financial position of the Festival, which was a cause for concern, is already improving. The 2024 Festival made a small profit, and the Trustees remain committed to rebuilding and safeguarding the reserves to provide increased security for the future of the Festival. Fundraising remains key to this, and the Trustees are working to attract corporate sponsorship (already with some success), as well as the support of individuals, and also to increase the number of Festival Friends with new Friends and obtaining some lapsed renewals. A special fundraising concert took place in June which was financially neutral and the intention for the 2025 Festival has been to offer group bookings with bespoke hospitality packages offering a high-end experience in this unique venue. Several groups have already been booked. In addition, increased publicity on various forms has resulted in a notable increase in ticket sales in comparison to the previous year.
Most importantly, the Festival is reaching out to as many people as possible in Hertfordshire and the surrounding counties, confident that it has a great deal to offer to music lovers and audiences of all ages.
Members' liability
The Members of the Company guarantee to contribute an amount not exceeding £1 to the assets of the Company in the event of winding up.
Page 5
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of Trustees' responsibilities
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Edward Blakeman
Edward Blakeman (Sep 26, 2025 09:54:26 GMT+1)
Edward Graham Blakeman
(Chair of Trustees)
Date: 26/09/2025
Page 6
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL (A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
Independent examiner's report to the Trustees of Hatfield House Chamber Music Festival ('the Company')
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2024.
Responsibilities and basis of report
As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body, for my work or for this report.
Signed: Dated: 26 September 2025
Graham Hole
GMBC LLP
Chartered Tax Advisers and Accountants Marine House 151 Western Road Haywards Heath West Sussex RH16 3LH
Page 7
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024
| Note Income from: Donations and legacies 3 Other trading activities 4 Total income Expenditure on: Raising funds 5 Charitable activities 6 Total expenditure Net (expenditure)/income Transfers between funds 13 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2024 £ 1,400 1,045 2,445 - 6,615 6,615 (4,170) 4,170 - - - - |
Unrestricted funds 2024 £ 31,272 32,385 63,657 2,440 51,164 53,604 10,053 (4,170) 5,883 19,685 5,883 25,568 |
Total funds 2024 £ 32,672 33,430 66,102 2,440 57,779 60,219 5,883 - 5,883 19,685 5,883 25,568 |
Total funds 2023 £ 46,948 30,409 77,357 4,241 83,314 87,555 (10,198) - (10,198) 29,883 (10,198) 19,685 |
|---|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 19 form part of these financial statements.
Page 8
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee) REGISTERED NUMBER: 07942156
BALANCE SHEET AS AT 31 DECEMBER 2024
| Note Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Total net assets Charity funds Restricted funds 13 Unrestricted funds 13 Total funds |
4,646 21,612 26,258 (690) |
2024 £ 25,568 25,568 - 25,568 25,568 |
7,516 12,829 20,345 (660) |
2023 £ 19,685 |
|---|---|---|---|---|
| 19,685 | ||||
| - 19,685 |
||||
| 19,685 |
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Edward Blakeman
Edward Blakeman (Sep 26, 2025 09:54:26 GMT+1)
Edward Graham Blakeman
(Chair of Trustees)
Date: 26/09/2025
The notes on pages 10 to 19 form part of these financial statements.
Page 9
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. General information
Hatfield House Chamber Music Festival is a private company, limited by guarantee, domiciled in England and Wales, registration number 07942156. The registered charity number is 1147891. The registered office of the Company is Hatfield House, Hatfield, Hertfordshire, AL9 5NQ.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Hatfield House Chamber Music Festival meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Income
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including direct costs and governance costs are allocated to the applicable expenditure headings.
Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 10
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
2. Accounting policies (continued)
2.5 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.6 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.7 Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Page 11
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
3. Income from donations and legacies
| Donations Total 2023 |
Restricted funds 2024 Unrestricted funds 2024 £ £ 1,400 31,272 8,000 38,948 |
Total funds 2024 £ 32,672 46,948 |
Total funds 2023 £ 46,948 |
|---|---|---|---|
4. Income from other charitable activities
Income from fundraising events
| Concert ticket sales Advertising income Bar and programme income Launch concert ticket sales Total 2024 Total 2023 |
Restricted funds 2024 Unrestricted funds 2024 £ £ 1,045 18,690 - 6,000 - 1,333 - 6,362 1,045 32,385 728 29,681 |
Total funds 2024 £ 19,735 6,000 1,333 6,362 33,430 30,409 |
Total funds 2023 £ 17,630 6,250 1,573 4,956 |
|---|---|---|---|
| 30,409 | |||
Page 12
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. Expenditure on raising funds
Costs of raising voluntary income
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| Fundraising and publicity | 2,440 | 2,440 | 4,241 |
6. Analysis of expenditure on charitable activities
Summary by fund type
| Promote and advance education and appreciation of music and similar arts Total 2023 |
Restricted funds 2024 Unrestricted funds 2024 £ £ 6,615 51,164 9,920 73,394 |
Total 2024 £ 57,779 83,314 |
Total 2023 £ 83,314 |
|---|---|---|---|
7. Analysis of expenditure by activities
| Promote and advance education and appreciation of music and similar arts Total 2023 |
Support costs 2024 £ 57,779 83,314 |
Total funds 2024 £ 57,779 83,314 |
Total funds 2023 £ 83,314 |
|---|---|---|---|
Page 13
(A company limited by guarantee)
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. Analysis of expenditure by activities (continued)
Analysis of support costs
| Venue and equipment hire Musicians and related costs Print design and filming creative work Festival management and education fees General expenses Accountancy fees Website design and hosting costs Total 2024 Total 2023 |
Activities 2024 £ 4,516 25,486 4,489 20,252 1,696 720 620 57,779 83,314 |
Total funds 2024 £ 4,516 25,486 4,489 20,252 1,696 720 620 57,779 83,314 |
Total funds 2023 £ 17,333 36,450 6,620 18,183 3,821 690 217 |
|---|---|---|---|
| 83,314 | |||
Page 14
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
8. Independent examiner's remuneration
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Fees payable to the Company's independent examiner for the independent | ||
| examination of the Company's annual accounts | 690 | 660 |
9. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .
During the year ended 31 December 2024, no Trustee expenses have been incurred (2023 - £NIL) .
10. Debtors
| Due within one year Other debtors |
2024 £ 4,646 4,646 |
2023 £ 7,516 |
|---|---|---|
| 7,516 |
11. Creditors: Amounts falling due within one year
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 690 | 660 |
Page 15
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
12. Financial instruments
| Financial assets Financial assets measured at amortised cost Financial assets measured at fair value through income and expenditure Financial liabilities Financial liabilities measured at amortised cost |
2024 £ 21,612 21,612 21,612 2024 £ (690) |
2023 £ 12,829 12,829 12,829 2023 £ (660) |
|---|---|---|
Financial assets measured at amortised cost comprise cash at bank and in hand and other debtors. Financial liabilities measured at amortised cost comprise accruals.
Page 16
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
13. Statement of funds Statement of funds - current year
| Unrestricted funds General Funds - all funds Restricted funds Educational concerts and workshops Total of funds |
Balance at 1 January 2024 £ 19,685 - 19,685 |
Income £ 63,657 2,445 66,102 |
Expenditure £ (53,604) (6,615) (60,219) |
Transfers in/out £ (4,170) 4,170 - |
Balance at 31 December 2024 £ 25,568 |
|---|---|---|---|---|---|
| - | |||||
| 25,568 |
Aim and use of restricted fund:
Educational concerts and workshops restricted fund was set up in a previous year to extend education and outreach work, with a focus on young people. The costs relate to the provision of concerts, workshops and other activities.
Page 17
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
13. Statement of funds (continued) Statement of funds - prior year
| Unrestricted funds General Funds - all funds Restricted funds Restricted Funds - all funds Total of funds |
Balance at 1 January 2023 £ 29,883 - 29,883 |
Income £ 68,629 8,728 77,357 |
Expenditure £ (74,290) (13,265) (87,555) |
Transfers in/out £ (4,537) 4,537 - |
Balance at 31 December 2023 £ 19,685 |
|---|---|---|---|---|---|
| - | |||||
| 19,685 |
Page 18
HATFIELD HOUSE CHAMBER MUSIC FESTIVAL
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
14. Analysis of net assets between funds Analysis of net assets between funds - current period
| Unrestricted funds 2024 £ Current assets 26,258 Creditors due within one year (690) Total 25,568 Analysis of net assets between funds - prior period Unrestricted funds 2023 £ Current assets 20,345 Creditors due within one year (660) Total 19,685 |
Total funds 2024 £ 26,258 (690) 25,568 Total funds 2023 £ 20,345 (660) 19,685 |
|---|---|
Page 19
Hatfield House Chamber Music Festival 2024 Accounts
Final Audit Report 2025-09-26
Created: 2025-09-26 By: Graham Hole (graham@gmbc.uk) Status: Signed Transaction ID: CBJCHBCAABAAMOjr4ZzAx9Qaougoyppe80Aw9TS6YqBt
"Hatfield House Chamber Music Festival 2024 Accounts" History
Document created by Graham Hole (graham@gmbc.uk)
2025-09-26 - 8:38:15 AM GMT
Document emailed to Edward Blakeman (e.blakeman@btinternet.com) for signature 2025-09-26 - 8:38:20 AM GMT
Email viewed by Edward Blakeman (e.blakeman@btinternet.com) 2025-09-26 - 8:52:18 AM GMT
Document e-signed by Edward Blakeman (e.blakeman@btinternet.com)
Signature Date: 2025-09-26 - 8:54:26 AM GMT - Time Source: server
Agreement completed.
2025-09-26 - 8:54:26 AM GMT