Registered Number.. 8482466
England and Wales
CLIFTON FESTIVAL OF MUSIC LIMITED
Report of the Directors and Unaudited Financial Ststements
Period of accounts
Start date: 01 October 2024
End date: 30 September 2025

CLIFTON FESTIVAL OF MUSIC LIMITED
Contents Page
For the year ended 30 September 2025
Company Information
Directors, Report
Accountants, Report
Income and Expenditure Account
Statement of Financial Position
Notes to the Financial Statements
10
Detailed Income and Expenditure
statement
12
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CLIFTON FESTIVAL OF MUSIC LIMITED
Company Information
For the year ended 30 September 2025
Directors
Richard Jeffrey-Gray
Sarah Duff Jeffrey-Gray
Registéred Number
8482466
Registered Office
4 College Road
Clifton
Bristol
BS8 3JB
Accountants
Paxton Independent Examiners
61a High Street South
Rushden
NN10 ORA
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CLIFTON FESTIVAL OF MUSIC LIMITED
Directors, Report
For the year ended 30 September 2025
Tru8tee3 & Director's report and financial statements
The directors present hislherltheir annual report and the financial statements for the year ended 30
September 2025.
Objectives and activities
Purposes
The purposes of the charity are to promote the public appreciation of and to educate the public in the
art of classical music in particular by delivering a music festival of international standing in Bristol_
Main activities
Festival week this year was held be￿een 6-14 June 2025.
It was again a wonderfully varied programme including renowned vocal ensemble The Gesualdo Six,
acclaimed soprano Elizabeth Watts, baroque violinist Dominika Fehér, plus homegrown talent from
Clifton College and the Bristol Metropolitan Orchestra, alongside festival favourites, the award-
winning Erebus Ensemble.
Highlights included Vivaldis Four Seasons, Strausss poignant Four Last Songs, and musical
anniversaries of leading choral composer Sir John Rutter in celebration of his 80th birthday, and the
500th anniversary of the birth of Palestrina.
In addition, we held a choral workshop and a lecture event. The lecture was the second Memorial
Lesley Lee Lecture.
Public benefit
Trustees have had regard to the guidan￿ issued by the Charity Commission on public benefit.
Donations sponsorship and volunteers
The charty hugely appreciates our corporate and individual sponsors and supporters throughout the
period.
The charity relies on the very generous support of Clifton Cathedral which allows the Cathedral and
its premises to be used for Festivals events without charge. It also relies on the valuable support of
its Artistic Director, Tom Williams, Designer, Marketing adviser, David Reynolds and the Directors,
Richard Jeffrey-Gray, Festival Chair and Sarah Jeffrey-Gray,Treasurer, all of whom provide their
time and expertise without charge.
The charity also very much appreciates the hard work of our volunteers who help with stewarding at
performances and events as well as promotional work such as delivering leaflets and brochures,
including students at the University of Bristol. Special thanks also go to Keith Donoghue for all of his
support not least managing logistics this year.
We are hopeful that our established reputation will lead to increasing sponsorship and support for
our charitable activities in the coming years.
Achievements and performance
Attendance numbers were very good as the Festivals reputation continues to grow.
Whilst our ticket and event prices for events are competitively priced, there is a reduced rate for
students and various events are provided free of charge with a retlfing collection in order to widen
the number of the public who can benefit.
Programmes are currently includad within the ticket price. We also use progr8mmes as tickets for
walk-up sales to be as planet-friendly as we can and ask coupSes to share a programme.
Financial review
Financial position
The Directors are pleased with the financial position of the Charity at the year-end. We continue to
focus on sustainability and building reserves towards future Festival events.
Reserves
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CLIFTON FESTIVAL OF MUSIC LIMITED
Directors, Report
For the year ended 30 September 2025
The Charity has operated a policy of keeping available funds, where not otherwise immediately
needed for operational purposes, as reserves in an interest-bearing deposit account with its bankers.
The policy is to maintain and build reserves towards future Festival events. The deposit account
qualifies for free banking given the policy of the bank to recognise the Charitys status as a registered
charity.
At the year-end reserves amounted to £6,859.
Going con￿rn
Owing to ongoing support from donation8 and sponsorship, the Festival is able to continue as
going concern. At this time, there is no indication that any of these elements of extremely valued
support will cease to be provided and the accounts are therefore prepared on a going con￿rn basis.
Principal sources of funds
During the financial year our main Sour￿ of income has been ticket sales for performances, events
and workshops together with fun¢Jraising and the value of donated facllltles and services.
We are regISte￿d with HMRC for Gift Aid and this too is a valued source of income for us.
Directors
The directors who served the company throughout the year were as follows:
Richard Jeffrey-Gray
Sarah Duff Jeffrey-Gray
This report Was approved by the board and signed on its behalf by..
Richard Jeffrey-Gray
Director
Sarah Duff Jeffrey-Gray
Director
Date approved: 04 June 2026
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CLIFTON FESTIVAL OF MUSIC LIMITED
Accountants, Report
For the year ended 30 September 2025
I report to the charity trustees on my examination of the accounts of the company for the year ended
30 September 2025 which are set out on the attached pages.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you
are responsible
for the preparation of the accounts in accordan￿ 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 your
company's accounts as 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
have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect..
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.
Paxton Independent Examiners
61a High Street South
Rushden
NN10 ORA
04 June 2026
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CLIFTON FESTIVAL OF MUSIC LIMITED
Income and Expenditure Account
For the year ended 30 September 2025
Notes
2025
2024
Income and endowments
29,871
30,849
(22,125)
8,724
Direct costs
{24,173)
5.698
Gross profit
Expenditure
Operating profit
Profitl(Loss) on ordinary activities before taxation
Tax on profit on ordinary activities
Profitl(Loss) for the financial year
(5,454)
(6,034)
244
2,690
244
2,690
244
2,690
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CLIFTON FESTIVAL OF MUSIC LIMITED
Statement of Financial Position
As at 30 September 2025
Note8
2025
2024
Current assets
Debtors
641
496
Cash at bank and in hand
5,877
6,048
6,518
6,544
Creditors: amount falling due within one year
Net current assets
{420)
6,098
(690)
5,854
Total assets less current liabilities
6,098
6,098
5,854
5.854
Net assets
The funds of the Charlty
Unrestricted funds
6,098
6,098
5,854
Members. funds
5,854
For the year ended 30 September 2025 the company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities-
1. The members have not required the company to obtain an audit of its accounts for the year in
question in accordance with section 476.
2. The directors acknowledge their responsibilities for complying with the requirements of the
Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordan￿ with the provisions applicable to
companies subject to the small companies regime.
The financial statements were approved by the board of directors on 04 June 2026 and were signed
on its behalf by..
Richard Jeffrey-Gray
Director
Sarah Duff Jeffrey-Gray
Director
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CLIFTON FESTIVAL OF MUSIC LIMITED
statement of Financial Position
As at 30 September 2025
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CLIFTON FESTIVAL OF MUSIC LIMITED
Notes to the Financial Statements
For the year ended 30 September 2025
General Information
Clifton Festival of Music Limited is a private company, limited by guarantee, registered in England
and Wales, registration number 8482466, registration address 4 College Road, Clifton, Bristol, DS8
3JB.
The presentation currency is £ sterling.
The company is a registered charity with the Charity Commission - registered number is 1152272
1. Accounting policies
Significant accounting policie8
Statsment of compliance
These financial statements have been prepared in Complian￿ with FRS 102 - The Financial
Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified
by the revaluation of land and buildings and certain financial instruments measured at fair value
in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the
company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company. net of
Value Added Tax and trade discounts.
2. Average number of employees
Average number of employees during the year wa8 0 (2024 0).
3. Debtors: amounts falling due withln one year
2025
2024
Trade Debtors
641
641
496
496
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CLIFTON FESTIVAL OF MUSIC LIMITED
Notes to the Financial Statements
For the year ended 30 September 2025
4. Creditors: amount falling due within one year
2025
2024
Accruals
420
420
690
690
5. Unrestricted funds
2025
Balance at 01 October 2024
Profit for the year
Balance at 30 September 2025
5,854
244
6,098
6. Guarantees
In the event of the charity being wound up, the liability in respect of the guarantee is limited to
£10 per member of the charity.
7. Company Limited by Guarantee
The company is limtted by guarantee and therefore has no shares.
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CLIFTON FESTIVAL OF MUSIC LIMITED
Detailed Income and Expenditure Statement
For the year ended 30 September 2025
2025
2024
Income and endowments
Donations and legacies
Investment income
Charitable activities
Other trading activities
3,925
70
2,444
29
26,062
2,314
30,849
23,872
2,004
29,871
Direct costs
Event and associated costs
24,173
22,125
(24,173)
5,698
(22,125)
,724
Gross profit
Expenditure
Governance costs
Support costs
420
5,034
690
5,344
(5,454)
244
(6,034)
2,690
Operating profit
Profitl(Loss> on ordinary activities before
taxation
244
2.690
Profitl(Lo83) for the finanGial year
244
2,690
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