CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110112024 Period start date 3110312025 Period end date (15 month period) Charity name: London Contemporary Muslc Festlval Charity registration number: 1193409 Objectives and Activities SORP r8fer8r Summary of the purposes of the charity as set out in its goveming document Para 1.17 The objects of this CIO are to promote, improve, develop, sustain and advance education by encouraging the arts, for the public benefit, with particular but not exclusive regard to new music. opera, dan. film, literature and the visual arts, both in the United Kingdom and abroad, through. bul not limited to. the presentation of live events of the highest artistic merit. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Par8 1.17 ond 1.19 The main activities of Ihis CIO are the provision and promotion of an annual festival of contemporary music. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 The trustees have referred to the guidance of the Charity Commission on the subject of public benefit. Additional Information (optional) You may choose to include further statements where relevant about: SORP rel8r8n(* Policy on grant making Para 1.38
Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Para 1.38 Other Achievements and Performance SORP reference
Summary of the main achievements of the charity. identifying the difference the charily s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 2024 was the 1 Oth edib.on of the London Contemporary Music Festival ILCMFI and we celebrated with a critically-acclaimed festival, cenlred at Sl John Hackney, that ran from the end of November 2024 to the stsrt of January 2025. The festival induded nearfy 50 new commissions. the participation of well over 150 musicians and artists, the involvement of 20-odd instslutional partners, and several broadcasts on BBC Radio 3. The festival was featured in the New Yorft Times and Art Review and obtained 4-s18r reviews in the Daily Telegraph and Guardian. Through all these avenues. the festival will have reached lens of thousands of people in Britsin and around the world. The highlights included four nights al St John Hackney lo a capacity crowd, where we presented premieres by composers Laurence Crane, Maggie Nicols. Sofia Jernberg, Catherine Lamb & Johnny Chang, Laura Steenberge. Charlemagne Palestine. electronic producers Aya and EVOL, artists Dominique Gonzalez-Foersler and Matt Copson, and filmmaker Amalia Ulman. There was a sell-out off-site collaboration with Wigmore Hall lin January 20251 that saw the first visit lo the UK In 100 years of tha pionearing fulurisl intonarumori and a wortd premiere by legendary composer Eliane Radigue. There was a rare presentation of some Kurdish dengbej music by Ali Tekbas and Mural Savas, a very successful collaboration with composer Laure M. Hiendl and artist Jack O'Brien al Camden Art Centre INovember 20241. a new opera from noise artist Russell Haswell and choir Musarc, talks with Palestine and Nicols, and we organised a mini- lour for electronic producer Yamanlaka Eye and videc*Jrapher C.O.L.O, which saw them visit While Hotel Imancheslerl and Strange Brew (Bristol) alongside LCMF. The Gvardian noted in their 4-star review that the festival remains 'the capital's Mecca for cutting-edge art.. Earlier in the year in July. we initiated a mini- festival that opened the Hotel du Couvenl, in Nice, France. This acted as the perfect place for some of our artists to experiment and develop ideas for the main festival. a5 well as introducing some highlights of previous festivals lo a whole new audience in the south of France. Our charitable aims undery)inned every one of our activities- txjth our main festival, as well as our off-site events. In every one of these, we were advancing important new works of music and art to the widesl possible audience, many of whom would have been unfamiliar with these particular composers and artists. In this way, the charity successfully realised ils main aim.. the education of the public in music and art of the highest quality.
Additional information (optional) You may choose to include further ststements where relevant about- Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment perfomance againsl objectives Para 1.41 Other Sadly our founding chair Richard Wyatt had to step down from his role, owing to his other commitments. and we all Ihanked him for his vital contribution to the festival. Igor Toronyi-Lalic was elected as the new chair. Financial Review Review of the charity's financial position at the end of the period Para 1.21 The financial results for the 15-month period are set out in the attached accounts. They show a surplus of £1,189. The charity had reserves of £5,477 at 31st March 2025. Total expenditure during the period wa5 £155.275. Statement explaining the policy for holding reserves staling why they are held Para 1.22 The Board undertakes to Maintain $tricted reserves to cover any outstanding work on resiricted projects. where appropriate. The Board aims to establish free reserves lunreslricted reserves minus the value of fixed assets) equating lo 250/0 of the organisation's annual running costs within three years. Free reserves currently rèpresent 4.kn of annual running cosls. Amount of reserves held Para 1.22 At 31st March 2025 the charily held unrestricted reserves of £5,477. There were no restricted reserves. Reasons for holding zero reserves Para 1.22 Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23 The Festival fulfilled all of its financial obligations during the year, and there are no legal or other issues outstanding. We believe there is no reason to assume the organisation is not a going concem. Additional information (optional) You may choose to include further ststements where relevant about:
The charity's principal sources of funds (including any fundraising) Investment policy and objectives including any social investment policy adopted A description of the principal risks facing the charity Other Pata 1.47 Para 1.46 Pard 1.46 Structure, Governance and Management Description of charity s trusts.. Type of goveming document Par8 1.25 Constitution How is the charity constituted? Para 1.25 cio iorated association, CIO)
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Eligibility for trusteeship (a) Every charity trustee must be a natural person. (b) No individual may be appointed as a charity trustee of the CIO.. rf he or she is under the age of 16 years" or rf he or she would automatically cease to hold office under the provisions of clause 1211 Ile). (c) No one is enlitled to acl as a charity trustee whether on appointment or on any re- appointmenl until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. (dl At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act lo call a meeting of the charity Iruslees, or appoint a new charity trustee. Appolntment of charlty trustees {1) Apart from the first charity Iruslè8S, every trustee must be appoinled by a resolution passed al a properfy convened meeting of the charity trustees. {2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard lo the skills, knowledge and experience needed for the effective administration of the CIO.
Additional information (optional) You may choose to include further ststements where relevant about- Policies and procedures adopted for the induction and training of trustees The charity's organisalional structure and any wider network with which the charity works Relationship with any related parties Other Para 1.51 P*a 1.51 Pafa 1.51 Reference and Administrative details Charity name Other name the charity uses Registered charity number Charity's principal address London Contemporary Music Festival LCMF 1193409 Flat B, 10 Inglebert Street, London EC1R 1XR Names of the charlty trustees who manage the charlty Nam• of person lor body) •ntltl•d to appolnt trust•• Ilf any) Offl¢¢ Ilf onyl Datos acted If not fw whole y•ar Tru$t¢• n•m• Igor Nicholas Istvan Toronyi-Lalic Selvi May Akyildiz Chair. Treasurer and Secretary LCMF LCMF Valery Grego LCMF Elaine Samantha Milchener LCMF Corporate trustees- names of the directors at the date the report was approved Director name Name of trustees holding title to property belonging to the charity
Trust8• nama Datès act If not fix whol• yèar Funds held as custodian trustees on behalf of others Description of the assets held in this capacity nla Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets nla nla Addltlonal Informatlon (optional) Names and addresses of advlsers (Opllonal Inforniatlon) Type of Name advlser Address Name of chief executive or names of senior staff members {Optional Exemptions from disclosure Reason for non4isclosure of key personnel details Other optional information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of Ihe ¢harity's trustees
Signature{s) Full name{sl Igor Nicholas Istvan Toronyi-Lalic Position (eg Chair, Treasurer and Secretary, Chair, etcl Secretary Date 18 December 2025
London Contemporary Music Festival
Balance Sheet 31st March 2025
| Fixed Assets Fixtures & Fittings Current Assets Metro Bank Debtors, prepayments & accrued income VAT Current Liabilities Trade creditors Accruals & deferred income Net Current Assets / (Liabilities) Net Assets / (Liabilities) Representing Unrestricted reserve brought forward Surplus (deficit) for the period Unrestricted reserve carried forward Total reserves carried forward |
- - 3,291 11,385 (349) 14,326 337 8,512 8,849 5,477 5,477 4,288 1,189 5,477 5,477 to March 2025 15 month period |
Year to Dec 2023 |
|---|---|---|
| 3,291 11,385 (349) |
- | |
| - 4,084 204 |
||
| 14,326 | 4,288 | |
| 337 8,512 |
- - |
|
| 8,849 | - | |
| 4,288 4,288 |
||
| 4,422 (134) |
||
| 4,288 | ||
| 4,288 |
| London Contemporary | London Contemporary | |
|---|---|---|
| Music Festival | ||
| Income & | Expenditure | |
| 31st March 2025 | ||
| 15 months to | December | |
| March 2025 | 2023 | |
| Income: | ||
| Ticket sales | 29,596 | - |
| Reimbursed costs | 8,277 | - |
| Fees received | 8,382 | - |
| Grants received | 86,081 | 2,000 |
| Donations | 24,127 | - |
| Bank interest | 1 | 0 |
| Total Income | **156,464 ** | **2,000 ** |
| Expenditure: | ||
| Artist fees | 76,536 | - |
| Artist travel & accommodation | 5,402 | - |
| Hire of venues | 17,006 | - |
| Production / technical costs | 26,737 | - |
| Travel & subsistence | 13,117 | - |
| Accountancy | 3,426 | 2,135 |
| Equipment costs | 7,535 | - |
| Marketing | 5,401 | - |
| Administration costs | 115 | - |
| Total Expenditure | **155,275 ** | **2,135 ** |
| Surplus (deficit) for the period | **1,189 ** | (134) |
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LONDON CONTEMPORARY MUSIC FESTIVAL
I report on the accounts of the London Contemporary Music Festival for the fifteen month period ended 31[st] March 2025. We note that the year was extended by three months to reflect the period of activity of the Festival, and to enable each future year’s activities to be reported in the appropriate financial year.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of examiner’s statement
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Christopher J Wright, Independent Examiner
- 80 Sylvan Road, Crystal Palace, London SE19 2RZ
20[th] December 2025