Charity number.. 1169822 Highgate International Chamber Music Festival Financial Statements Period Ended 31 March 2025
Highgate International Chamber Music Festival
Charity number: 1169822
Trustees:
Miss I O Botan (Artistic Director) Lady Gavron Ms M Hellebo Mr A A Klouda (Chair and Artistic Director) Mrs N M Klouda (Artistic Director) Mr A C Lloyd Mr S D M Potts
Registered office:
22 Wey Lane Chesham Bucks HP5 1JH
Index to the financial statements Page
Report of the Trustees 1-3 Statement of Financial Activities 4 Balance Sheet 5
The following do not form part of the statutory accounts
Trading and profit and loss account 6 Accountant’s report 7
Highgate International Chamber Music Festival
Report of the Trustees
Period Ended 31 March 2025
The Trustees present their report and the unaudited financial statements for the year ended 31 March 2025.
On 20 October 2016 Highgate International Chamber Music Festival was registered as a charity with the Charity Commission. Its registered charity number is 1169822. It is constituted as a Charitable Incorporated Organisation. The governance and activities of the charity are managed by the Trustees as set out in the charity’s memorandum and articles of association. Day to day decisions on planning and organising the charity’s activities are delegated to the three Trustees who are the Artistic Directors of the festival.
The Trustees have considered the major risks to the charity and are satisfied that the measures in place to mitigate these risks will ensure the continued successful operation of the charity in the short to medium term.
Objectives and activities
The objects of the charity are for the benefit of the public to promote knowledge and appreciation of the arts and in particular the art of music. The objects are fulfilled primarily by organising an annual chamber music festival with concerts open to the public and associated activities including a free outreach project delivered to local schools.
Achievements and performance
HICMF 2024 took place from 2[nd] - 8[th] December, with seven concerts spread over the festival week. The festival again focussed on bringing together the very best, most inspirational musicians to explore and perform chamber music masterpieces old and new for audiences to experience at close quarters in the beautiful setting of Highgate’s St Anne’s Church.
The 2024 festival showcased a wide ranging and exceptional line up of performers including Rachel Podger, the ‘queen of baroque violin’, oboist Nicholas Daniel, clarinettist Julian Bliss, violinist Elena Urioste as well as Sheku and Isata Kanneh-Mason. The Kanneh-Mason duo performed the world premiere of Natalie Klouda’s ‘Tor Mordôn’ for cello and piano as part of a memorable night of music to a sold-out St Anne’s Church.
HICMF’s programmatic trademark of featuring much-loved staples of the chamber music repertoire alongside lesser-known works was given added dimensions through the advent of an all-baroque music evening, a late evening devoted to film scores and new works performed by composer/pianist Gavin Greenaway and cellist Caroline Dale and a showing of
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the Buster Keaton classic silent film Sherlock Junior with a live piano quintet accompaniment composed by Stephen Prutsman.
To complement the festival’s work with local Haringey primary schools, and to cast light on the music education funding issues which state schools face, HICMF organised a special fundraiser for Haringey Young Musicians (registered charity no. 1105957) as part of the 2024 festival. HYM is a local charity which supports the out-of-school ensemble programme run by Haringey Music Service. Multi Grammy Award winner Jacob Collier supported this initiative by allowing the festival to arrange and perform his composition ‘Hideaway’ – with the festival musicians performing alongside children from local primary schools – as well as recording a personalised video message shown at the evening, discussing the value of music education in schools and appealing to the audience for donations. Over £900 for HYM was raised through donations on the night with just under a further £500 raised from online donations during the booking process for the festival.
The 2024 programme was the most broadly varied that HICMF has ever presented, thus helping to widen the appeal of the festival.
Audience feedback continued to be very positive. During the final concert, audience members were asked for their views, and an online questionnaire was circulated to collect feedback. Among the comments received were:
‘ HICMF is the cultural highlight of my year’
‘ ….. brilliant performances and an infec�ous, real joy in music-making’
‘The music was sublime and the playing masterful. ….. Thank you again for bringing such wonderful music to Highgate.’
Attendance continued to be good, with two sold-out concerts.
In addition to the Jacob Collier ‘Hideaway’ project, HICMF’s education work continued with HICMF Co-director Ashok Klouda, lead animateur Polly Ives and assistant Amy Quinton performing musical story concerts based on the children’s book “The Dinosaur Department Store” to three primary schools around Haringey. These were very well received by the children who joined in with spirited singing and deafening roars with positive feedback from the teachers involved. One of the teachers at St Francis de Sales sent the following message to HICMF:
‘Thank you so much for the wonderful performance. We have some SEN (special educational needs) children who wear ear defenders all day and I saw some of them take the ear defenders off during the concert – I’ve never seen them do that before!’
HICMF will be organising these story concerts again in 2025 for Haringey primary schools.
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Looking forward the Trustees will continue their work to develop the festival so that it can continue to successfully deliver its charitable objects, strengthen its links within the local community and build its profile.
Financial review
Income from the 2024 event was the highest since the festival began at just over £61,000, with expenditure slightly lower resulting in a small surplus for the year. Ticket prices were increased but this did not have a negative impact on attendance numbers. Fees for performers were also increased slightly. Overall reserves remained healthy at £52,809. The income received came from a range of sources - grants, donations from festival friends and supporters, ticket sales and corporate support/advertising. Gift Aid was also claimed on several donations. HICMF remains very grateful for the ongoing support of a number of grant-making foundations, generous individual supporters as well as many loyal friends who donate, attend concerts and volunteer their help.
Reserves Policy
The Trustees consider that it is prudent to hold reserves to cover at least 6 months’ annual operating expenditure to mitigate any fluctuations in future income, to deal with unforeseen risks and to allow for further development of the main activities of the charity, namely the annual chamber music festival as well as the education/outreach work.
On behalf of the Trustees:
……………………………………. Trustee Date
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Highgate International Chamber Music Festival Statement of Financial Activities Ycar Ended 31 March 2025 Unrcstricted Toliql 2025 2024 Iiicoinin% rcsources from gencratcd funds 'I"ickei and progiramme Siilcs Otlier inLc)Ine Total inL'oming resources 26.551 341)17 61 .4()8 26,551 21,946 61,468 40,756 Resources expended LharitablL' activitics CJ()veriiilliL¢ Loblb Total resources expendL,d 60.490 ?40 6().710 60.41)0 240 60.730 51,83C) 24() 52.079 Nct movement in t'unds 738 738 (5,323) Tntal funds brougihi forward rund balan¢Ls at 31 March 2025 52 IIOC) 52 1171 All ihL above results dL'rivL Iroiii ciinliiiiiiiigy charitablL gir¢inl4 aiid activities and thcrL were ii(I recogynised gains or108ses other ihan ili(Ise stdlLd iibuv¢. There is no diffcrencL betw¢en the net movLmLnt in flind4 staled above and thc historiL<il cost CguivalL'nt.
Highgate International Chamber Music Festival Balance Sheet As at .11 March 2025 2024 Current asset.s Debtor8 Cash lit bank in hand 52.809 52,071 Creditor Amoiints t"allingy diie within one year Net current assets 52,80C) 52,071 Net assets 52 81)9 Rcscrvcs Unre%tricted fund¥ Signed on behalt. of thc trustees Approved by the trustees Meeting 5 November 2025
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Income
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