2025-07-31-accounts

CAMBRIDGE PHILHARMOMC TRUSTEES, REPORT AND FINMTCIAL STATEMENTS For the year ended 31 July 2025 INDEX Section Page(s) Tru5tees' r¢port Independent Examiner's report Statement of Financial Activities Balance Sheet Not¢s to th¢ fuwicial statements 2to8 io 12to22 Charity DO. 1203360 Page l of 22

Cambrldge Phllharnionlc Year ended 31 July 2025 Trustees, report The Trustees present their reprt and financial statements of Cambridge Phil])a￿OniC (th¢"CIO" or th¢"Ch￿lty,? for the year ended 31 Juty 2025. Cambridge Phi)harn]onic, charity numb¢r 1203360, was regist¢r¢d with the Charity Commission on 1st June 2023 as a ¢haTitable Incor￿ated organisation forn]ed to continue the activitics of the Cambrid8¢ Philharmonic So¢ity, clwity number 243290. On 22 August 2024. the fonner clwity (Cambridge Philbannonic Society) transf¢rred all of its property to the CIO, Cambridge Phillwmonic. The Charity Con)mi&sion has been asked to close the Cambridge PhilharmoDiC Society. Th¢ registered address of the CIO 18 3 The orchard￿ G￿at Shelfrf Cam￿ld8¢, CB22 SAB. The following w¢r¢ TTh￿tee8 of the CIO on 31 July 2025: Madc Goodridge Neil Caplan Elisabeth Crowe Elain¢ Fulton Mari O'Neill Lynne Mcclure Edna Murphy Chris Wykes Treasurer Trustees are dected according to the Rules of the Charity. at AGM8 as elected by membw8 or by existing Tn￿tea4 at trLts m¢¢tings otherwis The Committee The Committee runs the activities of the Charity and As accountable to the Trustees. The Con)mitt¢e comprises the Truste￿, the Principal ConductOTIMu8i¢ DirectOT (Harry Sever) plus elected volunteers as not￿ below: Adrienne Jackson Caroline Courtney Cl)ristophet Wykes Concert Co-manager, 0￿heStra Representative Assistant Secretary- Contracts Marketing L¢ad (Chris stood downfrom thii role in October 2025) Or¢hestra Fixer Orchestra Secret Chorus Rq)T¢5entative (Laura stood down fvm this role in Juty 2025) Concttt Co.Manager David Brown Rael￿e1 Dunlop Laura Sin)mons Sarah Sharrock Pa8¢ 2 of 22

Cambrldge Philharmonlc Year ended 31 July 2025 Trustees, re￿rt (eoDtinued) Advlwr8 for th¢ year ended 31 July 2025: Bankers: HSBC Bank plc. 63-64 St Andrews Street, Carnbridw CB2 3BZ Independent Examlners: Fairway and Accounting Limited, 11¢ Alma Road, Snettisharn. Kings Lynn, Enslalld, PE317NY Page 3 of 22

Cambridge Phllharnionic Year ended 31 July 2025 Trustees, report (continued) Chair's Introduelion The 202¥25 se8son h&8 been a truly rema￿able year for Combridge Pbilharnionio Almost evffy concert wld OUL and our audience8 responded with warnith and ￿thusiaSM to adventurous pro8rdniw powerful pthrnwicE4 and projects that pla￿￿ community ut the heart of our worL This success is the result of thc dedication of m¢mb¢rs and volunteer4 the inspiring l¢ad¢rship of m￿1¢ Director, Hany Sever. and chon￿ Master, Tom Prin]rosfy and the generosity of fill￿ers, donors, and parthers who 8har¢ our b¢li¢f in tE¢ transfornwtive Powff of musi This y¢ar has shown how our obj¢¢tiv¢s ar¢ being r¢aJised - througb inspiring perfornance innovative collaborations, and projpxts that build bridges across our community. Harry Sever's artisti¢ direction shaped a season of ambition at￿ variety, combining much-loved masterpieces with bold new works. Thls balance ensured that our T￿rf0mlanc¢S challenged and inspkr¢d musicians wbil¢ Off￿Ill￿ audiences a rich and varied musical experienc¢. The 8¢&w)n included newly compos¢d wo￿. Wynton Marsalis. Hera14 Holler andHalleluiahl and Jonathan Dove's Odys&ey) both perfoTmed with energy and freshness. We were especially proud to present a new commission, Rouzbth P8rsa's Concerto for Kamancheh and Orchestra. Festive ¢onc¢rts f¢atured T¢haikovsky's Nutcracker, with a n￿TatOr, and our iMa￿￿atsve family concerts were built around a space thcm4 desigTh￿ to delight children and adults alike. The season also included g￿al pillars of th¢ ry¢rtoirfy such as Stravinsky's The Rile of Spring. Beethov¢n's Siryhony No. 9, Elgar's TheDream ofGemnlius, and Britten's Peter Grimu. The wnsist¢ntly high level of rnusic-making across this widtrranging pro￿ is t¢stamcnt to th¢ commitment of our members the leadthip of our Music Direction team. Collaborationg and Partn¢rshAp$ Collaboration has long been cffltral to the Cambridge Philharnwnic idffltity, and this year w continued to expand those connections. perforn)an¢e of Elgar's The Dream of Gerontiw with the University of East Anglia Choir dKp¢lld musi¢al bonds across the re810￿ Jonathan I)ove's Odyssey brought together sehool choirs 8nd a spe¢iaJly creat￿1 Community Chorus of local re￿get and sWed the Can)bridge Refugee Re8¢tt1¢ment Campaigo. This project w&8 both artistically excitin8 and soeially sigaificanL demonstr&inB how music can give voice to shared stories of journey. b¢longing) and hope. Later in the season, Britten's Peter Grimes was perfornia in partnership with British Youth Operd as part of th¢ Cambridge Summer Music F¢stival at SalTron H811 and London's Cadogan Hall. This collaboration not only enriched th¢ production but also supported the development of young professional sing¢rn. Page 4 of 22

Cambridge Philharmonle Year ended 31 July 2025 Trustees, report (continued) Through these partnerships we showed the pow¢r of music to cDnnect profrssional, amateur, aud community musi¢ians, md to reach audiences far Iwond our core supw)rters. Ed￿￿tion 4nd Conlmunity Engagement Edu￿tiOn and outreach are vital strands of oura¢tiVity. This year w¢ were fortunate to secure support from the Py¢ Foundation and the Garfield Weston Foundation, enabling us to bring high-quality music-making into schools. With school budgets under increasing pres$ur¢ opN)rtLmities for young people to ¢xpeTiCn￿ and participate in live music are becoming ever rarff. Our projects addressed this g¥ inspiring pupils And nurturing the next generation of ￿rformerS and audienc￿. Another major highlisht of the y¢ar was the creation of a Community Chorus of re￿get8, most from Ukraine but also from Hong Kong and Oth￿ counlriu, support￿1 by Cambridge City Council, BTinging together people from divers¢ backgrounds to sing side by sid¢ with Cambridge PhiIharnionic members demoijstrated music's unique ability to bulld brAdge4 reduce isolatioffj and crcats shared joy. We were also d¢eply grat¢ful to ￿e1ve a substantial legacy from fornier member Bill Parker. His generosity supported our perfonnanc¢ of The Dream ofGerontiw and will underpin firtber projects in 2025-26 and beyond. Such legacies provide a lasting impact and remind us of the enduring place the Cambridge Philhannonic holds in th¢ liv¢s of its MeMb￿S. Bulldlng Audlenees The 202£k25 season also saw continued growth in audience numba5 aad engagement. We triall earlier 4pm starts to concerts, which proved highly successful, Suitingboth many of existing a￿llenC rn¢mbets and attracting new ones. Marketing innovation was another key factor: our Marketing Manager, Nikki Goldup, produeed vibrant visual campaigns, inc]uding a short film that brought our activities to life online and a¢ross social media. Members also play¢d a crucial role iti audience developmenl invAting friends and family and acting a8 ambassadots for the organisatio As a rcsult of these efforts we achieved some of the highast attendance in recent years, improving the financial resilien¢e of Cambridge Pbillwmonic and strengthffling our cultural role in the city. Cambridge Philharniotiic's strong artisti¢ progrdmme was matched by sound financial n)anagem¢nt thrnughout the year. TO￿ inLX)m¢ in 202<25 was £160,136, drawn from a combination of ticket sales, membership subscription4 grants. donations. and Orchestral Tax Relief. With ahnost every concert sold OUL earned income frorn perfonnances far ¢x¢¢eded ourbudget. This was complemented by vital SUp￿rt from trusts and foundations, including the Pye Foundation and the Garfield Weston Foundation, and Cambridge City Council and anonymo￿8 donors, whose graats underpit)ned our ucation and outreach projects. Page 5 of 22

C8mbrldge Philharnionle Year ended 31 July 2025 Truste¢s' report (continued) Expenditure for the year st(XMI at £146,501 refj¢¢tins both the scale of our artisti¢ ambition8 and the inv&gtment n¢dql to deliv¢r bigb-quality perfonnances and community activity. This was in line with the previous year, taking into a¢count the lega¢y funds rca)￿18￿ in th¢ prwious year. W¢ achieved a SLW)lus of £13,635 rather than th¢ b￿l8¢t￿l £937 deficit (which was based cm more conservative ticket sales expertations). A partIC￿adY significant development in 2023-24 was the re¢eiptof a sUbSt￿)ti8I l¢ga¢y from fornier member Bill Parker. This not only enabled us to stage The Dre(un of Gerontius and Peter Grimes in 202425 at the hW)est artistic level but also provides a foundation for fithre activity in 2025-26 and beyond. Donations by members given alongside thcir subscriptions. as well as donations by audien¢¢ Dlembers and other indivithials, businasses and organisatioJ)s continued to be a significant SOUTce of fillther income. The Tru8ttts Continue to regard legacies and philanthr￿¢ giving as essential to sustsining our long-tcrni financial hcalth and artistic ambitions. T￿thIn Status Camtridge Pbilharnkoni¢ is a regi8ter&l cl)arity and is not subje¢t tr) t&xatio Inveslment powers Governol by th¢ CIO Rules which perniit funds to be invested at the discretion of the Tr1￿¢¢8. Re8erve8 The charitys free r¢s¢rve8 are repreSellt￿ by th¢ g¢neral fund of £102,991 and have Increas￿ from £67,627. The level of the frec reserves is advised by the Rules of the CIO to b¢ that anjount as to cover tY￿1ve months, o￿ating expenses. whi¢h the TTUStees regord as a prndent provision. Risk MaDag¢ment The Trustees regularly review the princÉpal risks fa¢ing the Organisatio￿ which include the financial ¢h8llenges of rising production costs, the nefyl to apply for Or¢hestral Tax R¢li¢f rdrospectively, and the need to maintsin and grow audiences in a LThWitive ¢u]tUTal environment. Th¢ Trustees are satisfied that systems are in pla￿ to mitigate ex￿sUre to suth risks. Overall, Cambridge Philhannorric ended the fmancial year with a stsble financial positio￿ a strong base of reserves. and the ￿)nfidenC to plan ambitious projects for the futur Page 6 of 22

Cambrldge Philharnionie Year ended 31 July 2025 Trustees, report (continued) AeknowledEem¢nts and thanks Cambridge Philharnioni¢ is sustained by the passioJL skill, and commitment of its members. The Trustees and Conllnittee are partiC￿2r￿Y grdtehl to those who volunteer their lime and expertise behind the scen￿, ensuring the smooth running of rehearsals, concerts, and cornm￿ty pmjects. So many volunteers, in addition to thoK with Committee rol4 are essential to our su(u8s. We ￿80 extend Siticere thanks to our fimdern, donor8, partners, and audiences. Your sUp￿rt ¢nables s to pursue ambitio￿$ programming, invest in eth￿ation and community activity. and n￿intain Cambridg¢ Philharnionic &8 a bea£x)n of high-quality music-making in the region. In particular, we thank the Pye Foundation, G&￿eld Weston Foundation and Cambridge City Council for SUPPKJrting our education and community activities. We are grat¢ful to the two anonymous don0￿ who enabled us to comnussion the Concertofor Kamancheh and Orehestra by Rouzbeb Parsffj 4nd a very special acknowledgement must go to the late Bill Parker, a long-standing member whose substantial legacy will support activity across multiple season8. t)onations by other indiv1th￿S are also gratefully receiv¢d, including anonymous donors WIKJ contribute a monthly gill and those memb¢rs who )ntribute an additional donation on top of their annual subscription. Looklng Ahead The achievements of 2024-25 providea strong fouadation forthe thture. tn202P26 we will eontitiu¢ to balance masterworks with contemporary voices, expand our work with schools and community group4 and explore new collaborations. Our goal remains clcar. to share th¢ joy and p)wef of orchestral and choral musi¢ with the widest possible audienc4 enri¢hing th¢ Cultural life of Cambridg¢ and beyond. Pa8¢ 7 of22

Cambridge Philharmonlc Year ended 31 July 2025 Trustees, report (continued) Objectlves and Publie Benefit statement Th¢ Charity was ￿blIshed foT the ￿1van¢¢M¢nt of public education in the art and science of music in particular by giving perfornthnces of choral and instrumentsl music in Cambridge and its environs to the highest musical standards attaitiabl¢ by its perfonw members. who shall in the Dwin be local amateur or profe8sionaI mwicians not engag￿ principally in public perfomwice alone. The Charity h&s continued to give perfomiances of a wide range of choral and InStn￿ental music to Incr￿InglY high standards and ¢ritical a￿laiM in accordance with the Charity's objectiv¢s. In the exewise of our powers to tIMt ¢nd w¢ have paid due regard to th¢ publishryl guidan¢¢ from the Charity CoD)mission on th¢ operation of thc Public Benefit re&￿Irement und¢r the Charities Act 2011. Stat¢meDt of Trnstees. responsibilities Law applithle to charities iti England 8nd Wala8 requireg the Tn￿tee8 to prepare financial $taternents for each financial year which give a t￿￿ and fair view of the charity's fllwicial activities dwing the year and of its financial position at the end of the year. In preparing these financial Statements, thc Trustees hav¢ followed best practice and are required to: l+Xt suitable aLxounting policies and then apply them consistently. ' make judgements and estimates that ar¢ reasonable and prudent. • state whether applkcable accounting standards and statsments of recommended practice have been follow￿ subj¢¢t to any material departures th'sclosed and explained in the financial ststem¢nts' ' Prepare the financial statements on a going concern b9sis Unless it Is IIiappTO￿late to assume that the charity will continue in operation. The Th￿te¢S ar¢ T¢sFwibl¢ for kceping proper accounting reLth that ate sufficient to show and explain the clwity's transactions and disclose with reasonable accuracy at &ny time the fmancial position of the tharlty and which enable them to ensure that the financial statements comply with applicable law and th¢ Charity's Rules. They ar¢ also responsible for sar¢gu￿1Th8 the assets of the charity and hcncc for taking T￿￿Onabl¢ step3 for th¢ pr¢v¢ntion and detection of fraud and other iTregularitie8. The Trustees declare that they have approved th¢ Tr￿. re￿rt above. Signed on behalf of the charity's tTh￿eS M￿k Goodridge (Tnstee, Pa8e 8 of 22

Cambridge Philharnionic Year ended 31 July 2025 Ind¢pendent Examiner's report to the trustees of Cambridge Philharmonie I report on the acwunts of the chaTity for the year ended 31 Ju]y 2025 which are set out on pa8￿ 10 to 22. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMtNER The tharAty's are responsible for the preparation of th¢ a(￿unt& The charitys trnstees consid¢rthat an audit is not required ftir this yeftr under section 144(2} of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Under Bull¢titi I to the Stst¢mcnt of Recommended Practice (SORP(FRS102)) the chaTity is not required to incorporate a Cashflow Statem¢nt in its Financial A￿Unt$. It is my responsibitity to: ex&mine the accounts under section 145 of the 2011 Ad. to follow the procedures laid doMTr in the Genwal Directions given by the Chatity Con)mi&sion under section 145(5Xb) of the 2011 Act. and to stat¢ whether particular matters have come to my atte￿ti￿ll. BASIS OF INDEPENDENT EXAMINER*S REPORT My examination was carried out in accordance with the G￿eral Direetlons given by the Clwity conllnisslo￿ An examination includes a review of the accounting records kept by the ¢haTity and a comparison of the accounts present￿ with those records. It also includes consideration of any unusual items or disclosures in the ￿CoUnts, and the seeking of explanations from you &s trust¢¢s concerning any su¢h matters. The prothjures undertaken do not provide all the evId￿Ce that would be wuired in an audit an4 consequently no opinion 18 given as to whether the ac(x)unts present a Yrue and fair view, and the report is limit￿ to thi)se rnatt￿S set out in the statement below. It￿￿PE1yDE￿T EXAMINER'S STATEMENT In connection with my exarninatso￿ no matter has Coll￿ to my attention: (l) which giveg me re&8onable cause to believe thal in any material rcspert th¢ following uirements have not been m¢t: to keep accounting records in accordance with section 130 of the 2011 Act. and to prepar¢ aLYA)unts which aLYord with the a¢counting records and to con]ply with the accnunting requir¢mcnts of thc 2011 Act. or (2) to whieh, in my Opinio￿ att¢ntion should be drawn in order to enabl¢ a proper understanding of the accounts to be reach Gary Eves, FCCA For and on behalf of Fairway Tax and Accounling Limited Indepa]d￿t Examin¢r ADDRESS., I Ic Alma Roa4 Snettisham, King'8 Lynfy Englan4 PE317NY Dated ..•.-IO -.IPA%.... Pa8e 9 of 22

Cambridge Philhgrmonlc Year ended 31 July 2025 Statement of F￿ancIal Actlvltles (Including Restrletedl deglgnated Funds Total Totsl Funds Funds Funds 2024 Notes 2025 2025 2025 Incoming Resour generating fimds: Membership subscriptions Donations and legacies 35,684 3,602 106,859 1.887 883 35,684 7,423 11,025 3,613 110,472 185 2,072 883 33.H8 48,625 93,086 4.352 Sundry incA)me Interest Totsl Ineomlng Resour¢e8 148 915 11 21 160 136 Resourees E￿ended Charitable adivities: conC￿t expenditur¢ Other operating costs GovernanLx costs 104.010 8,341 32,950 136,960 8,341 113,084 5,457 Totsl Resourees Expended 113 51 32 0 14 119741 Net (Deficttysurplus For The Year 35a64 (21,729) 13,635 60,91M Tokni funds brougllt forward Total funds carrled fonvard 41717 109 102,991 19,988 122,979 109J44 The not&s on pages 12 to 22 forni part of thes¢ financial statements P488 10 of 22

Cambridge PhI￿ArmOnIC Year ended 31 July 2025 Balance Sheet Unrthcted (Ineludlng designated) Fwids Restrlet¢d Tot#1 Total Funds Funds 2024 Not¢s 2025 2025 2025 Pr¢-CiO FlxÈd assets Current a8sets Debtors Cash at bank and irt hand Total current as$ets 23.575 91,019 114A94 23,575 19988 111007 19,988 134J82 41,652 80,431 122,083 Current Ilabilttles Amounts falling due within on¢ year 11.(A)3 11.603 12,739 Net current assds 102,991 19988 122,979 109J44 Iyonrycurrent Ilabilides Amounts falling due after mor¢ than one year Net assetsloiabilitses) 102 19 988 122 79 109 Funds Unrestricted (including deSI￿ated) fimds R&8tiicted funds io 102,991 102,991 67,627 io 19,988 19 988 122 979 102 991 109 Approved by the board of iTustres and signed on its b¢balF. Mark Goothidge (Trustffj Chair Dated . 26/111.2c!zs P4ge 11 of 22

Cambridge Philharnionie Year ended 31 July 2025 Balance Sheet The notes on pages 12 to 22 forn) part of these fitjancial statements Page 12 of 22

Cambridge Philharmonlc Year ended 31 July 2025 Accounting Policies l Ae¢ountRng pollcle a) Compllanee wlth aeeounling standards These financial statements are prepared in accordanc¢ with applicable a￿Unting standards and thc Statement of Recommended Practice on Accouuting by chariti￿ (SORP (FRS102)). The partIc￿&T accounting policies adopted are deSLylb￿ bdow. b) Ac¢ounthig conventloD These financial statements a￿ prepared under the historical cost cL)nvention with iterns r￿ogniSed at cost or transaction value unl¢ss oth¢nvAse stat¢d in the relevant note(s) to th¢se accounts. These financial 8tstemttAts are prep￿￿1 on an &c￿￿lS basis. e) Incomlng Resour￿1 Th¢se are included in the StatenLent of Financial Activities (SOFA) when: the charity becomes entitled to the re80urces' it is nLor¢ lik¢ly than not that the trust￿$ will receive the resources. and the monetary value can be medsured with sufficient re]iability. There has been no Offsetti￿ of assets and liabilities, or )ll￿m¢ and expens&8, unless required or p¢rniitted by the FRS 102 SORP or FRS 102. Membership subscriptions income is ¢rediteJJ to income in the year to which th¢ subs¢ription r¢lat¢s. The total includes Gift Aid rec1￿Med on members, subscrAPtions where eligible. Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unl&ss the donor or the t¢rnis of the appeal have specified otb¢rwise. Grants and donations are only included in the SOFA when tbe general ]nL￿me r¢¢ognition oitaia aTe met (5.10 to 5.12 FRS102 SORP). In the c&se of E*rfornwice related grants, ino)me must only be recognised to the extent that the charity has proviaed the specified goods or s¢rYiccs as entitl¢ment to the wnt only occurs when the p¢rfon]wic¢ related condition5 are met (5.16 FRS 102 SORP). Receipt of a legacy must be recognised when it is probable that it will be receiv￿. Receipt ts nornially probable when: there has be¢n grant of probat • the executors have established that there ar¢ sufficient assets in th¢ estate. after sett]ing any liabilitie4 to pay th¢ legacy: and any conditions attached to thc legw are either within the control of the charity or hav¢ be met. Page 13 of 22

Cambrldge Philbarnionic Year ended 31 July 2025 Accounting Po]ieies d) Resoureeg Expended Expenditure is r￿0g￿ls￿ on an accruals basis as a liability As Incur￿￿. Liabilities are re￿guIS wh¢r¢ it is more likcly tban not that there is a legal or constiuctive obligation conllnitting the to pay out resources the amount of the obligation can be measured with reasonable certainty. ChaTilablc expenditure compiscs those c4)sts inanThl by the charlty in fi￿tberan¢¢ of the charity's obj¢cttves and represents the c(JSt of goods and servi¢¢s and ancillary trading costs that have be¢n inatrr¢d iti charitsble activities. It includes both ￿StS that con be allocated dir￿tlY to such activities and those costs of an Indi￿ nature necessary to support th¢m. Governance ￿sts include those LX)sts a&8ociated with meeting the constitutional and statutory requirement of the clwity and include annual Indwd¢nt Examination ftts and ¢o$ts linked to the strategic management of the chaEity. As the dwity's aclivities are classified as exempt or non-business activitie8 for thepU￿ of value addal ta4 the charity is unable to reclaim the value added tax whith it incurs on its purc11￿. Expenditure in these financial statements is therefore shovm I￿luSive of value added tax. e) Tanglble fixed 955ets These are capitsliscd if tlw can be used for more than one ycar, and Lx)st at least £500. They are valuql at cosL Provision is made for d¢prrfiation on all tangible fixed a&8¢ts by the straight-line m¢tly)d at rat¢s calculated to write oty the Lx)sl less the estimated residual valu4 of each awt over its estimated lif¢. fj Debtors Debtors (incluthng trade debtors and loans r￿¢￿vable) are measuml on initial recognition at scttIem￿t amount aft¢r any trade diwunts or amount advanced by the charity. Subsequently, they are rneasured at the cash or other consideration expect￿ to be received. g) Creditors The charity has creditors which are measur&1 at settlement amounts I￿S any tradc discounts. h) Provlslon8 for Ilabllities A liability is measur&1 on recognition tt it&historAcal cost and then subwuently Me&sUr￿l at thebest eStill￿te of the amount rw4Ui￿i to settle the obligation at the reporting date. Page 14 of 22

Cambridge Phllbarmonlc Year ended 31 July 2025 Aeeounthig Policies i) Fund accounting General are Un￿strIcted funds which 8re available for use at the discretion of the Trustecs in furtherance of the genffal objectives of the Charity and which have not been designated for other purpse5. Designat￿ fimds comprise unr¢5trACted funds that have been set aside by th¢ Trustets for particular purposes. Restrict¢d fimds ar¢ funds which are to be used in ac￿nI&ll¢e with specifi¢ restrictions Impos￿ by donors or which have been rnised by the Charity forparticularpurwses. The aim and wse ofrestrict￿l fund4 if any, are s¢t out in the notes to the aco)unts. Page 15 of 22

Cambridge Phi￿armOnIt Year ended 31 Juty 2025 2 kn#ly8ts of income Unrestricted (Including Restricted deslgnatsd) Fullds Totsl Totsl Funds Funds Funds 2024 2025 2025 2025 Membersblp subserlptlon8 Subscriptions ftom members Gift Aid on subscriptions 29,212 29212 28,086 Donatlons and legacfle8 Donations from coox)rdtes Donations from individuals (incl mcmbers) Gift aid on donations I£gacies 7,423 8,123 2,602 300 2,145 5J70 1,110 300 23 625 Concert kncome Ticket sal¢s Programm¢ sales Payments from mentheLB for transport Orchestra Tax Relief Conwt sponsorship from COTporates Concut sponsorsTrllP from 1ndivldu￿S 82,762 1,514 968 83,730 1,514 3.635 15,948 5,645 79,401 1.593 1,050 3,635 15.948 3.0(J) 2.645 11,042 106 1111472 Sundry Income 2,730 127 Refreshment sales at reheArsals Coll￿tion from members for leader (Paula) and aC￿mpaniSt (Andrew) Sales of fold¢rs Friends sch¢m¢ income Oegacy income from PayPal) Othw income 85 85 983 983 162 162 87 405 405 496 252 185 185 437 912 52 P￿¢ 16of22

Cambridge Philharnionle Year ended 31 July 2025 3 Analysts of e￿enditUre Unrestrlcted (lllcluding Restrlcted Total deslgnated) Funds Total Futtd8 FuDds Fund5 2024 PrtrCJO 2025 2025 2025 Concert Expendlture Commissions Auditions Rehearsal Costs Musicians & Other Professionals reheaTS Musicians & Otber Profe&%ionals ¢c￿¢￿ts IDStruments Music Rights & Hire V¢nuc & Staging Concert Travel Publieity Box Offic¢ Costs Pro￿￿mme$ Misc. Activity costs 1,000 1,000 1,659 1,707 14.629 1,020 23,284 6.885 30.786 135 4.378 5,276 14J53 11,682 18,047 299 7,018 1,350 12,696 1.773 5.601 259 1,564 1,659 12.922 22,264 23,901 4,243 9,077 6,365 6,719 11,346 3,828 1,305 381 1,787 9,249 18,715 30.052 2.933 14,125 15.512 2,311 10.123 5,306 1,594 377 113.08 104,010 32,950 13fj96 Other Operating Costs Management Fees Subscriptions Gifts (retireAnenUleaving) 4,625 1,396 792 157 87 664 216 404 4.625 1.396 792 157 87 3,500 1,330 Banking Finance Support Website Miscellaneous costs 151 78 216 198 200 41 Governance costs Independent Examinefs f¢¢s 1300 Page 17of22

Cambridge Phill￿rn10nfiC Year ended 31 July 2025 4 Con¢erts UJrntrfict¢d (Includlng deslgnated) Restrlcted Totsl Total Funds Funds Funds 2024 2025 2025 2025 Prtrao Incom¢ 106,859 (104,010) 2049 3,613 110.472 (32,950) (136,960) (29J37) (2fy488) 93,086 (I l3,084 EX￿dIt￿re Surplusl(Deficit) on concttts (19.998) 5 Remuneratlon The tharity had no employtts during the year ortheprior year. No remuneration directly orindireclly out of the funds of the clwity was paid or payable to any Tnts during th¢ yebr or the prior year. 6 Fixed assets The Charity owns no fix￿ assets. There wffe no additions or disp)sals during the year. 7 Debtor* Unrestrlcted (Ancludlng designatsd) Funds Re8tri¢ted Totsl Totsl FDndJ 2025 2025 2025 2024 PrtsCIO A¢cru&J In￿￿)e- legaci¢8 inc¥m)e. bank inteff8t Prepayments Gift Aid on tn¢mb¢rs subs Gift Aid on donations OTR for rehe8rsals OTR for COn￿t inwm¢ Unpaid membership 8ubscriplions 40,￿0 169 1.483 465 6,472 300 6,434 9,514 6,472 434 9,514 390 390 75 23A75 41,652 PaBe 18of22

Cambridge Philharnionic Year ended 31 July 2025 8 Cash At bank Ind ID hand Unrestricted (including de$ignatsd) Restrkted Total Total Funds Fund$ 2024 Prtrcio 2025 2025 2025 Short t¢mi dwits Cash at bank and on hand 55,707 35,312 91,019 55,707 55,3ThJ 54,880 25.551 19,988 19988 111,007 80 9 Credltors and accruals Unrestrieted (induding Restrlcted Total designated) Funds Funds Fund8 Funds 2024 2025 2025 2025 Pre-CIO Apnotlntsfalling due within oneye Defetred income - subs and friends income Defetred income- restrictal grants 2250 2,250 6,(Al AcoThls 9.353 9,353 11.603 11.603 Amountsfalling th after more than one Defe￿￿ incom¢ Movanent in def¢rred income falling due after more than one year: Unrestrirted (including designydted) Funds Restricted Total Total Funds Fundi Funds 2024 2025 2025 2025 Pre-cio Brought forward 15,196 Pa8e 19 of 22

Cambrldge Phlllthrnionie Year ended 31 July 2025 Amounts adtsl iti the p¢riod (8.555 Amounts released to income TranSfe￿¢d to amounts falling due within I (6,641 CaTried forward In tb¢ puiod the charity sp¢nt grant in r¢latAon to two projects. Firstly. money from Cambridge City Council w&8 granted to h¢lp ukraini￿ refuges inte in Cambridge. A cboir was forn]￿ to sing tn Jonathan Dove's Odyssey with the Phil chorus, made up of people whose Stat￿ was refi]ge the majority Ukrainian but aEso from Hong Kong. A total of £2,645 was gTallted and £743 unspent w&s returned at the Council's request (recorded as miscellaneous costs in the concert record for C6- note 4). Secondly, the remainder of the multi-year grants from the Pye Foundation and Garfield Weston was spent on the same concert and a related schools choir evpAt. Half of the legw frorrt Bill Parker was spent in accordancE with the ternis of the bequ￿t. The money w&8 ￿l0¢￿t￿l for costs for C4 and C7 and the £19.988 ranaining WAII be allocat￿ in 2025-26. 10 Movement in fundy 2025 Brought forward Income Expens¢8 C8nd fonvard Restricted fiu Unrestricted fi Designat￿1 funds (Jmeral fi￿d9 41,717 11,221 32,950 19,988 2,043 2.043 l(K),948 122 979 148 915 160 136 113 14 51 oi 109 2024 PTrCIO Brought forward Carrled fibrward Income Exp¢n$es Restricted fi]n(ts 53272 11,555 41,717 Unrdstsicted D￿ignated fimds 2,043 1043 Gffleral funds 46,397 127,373 108,186 119 741 109 Breakdown of Restrfieted funds Brought forvrnrd Incomv Exp¢n8e8 Carried forward Pyc Foundation 2,0(Xi Page 20 of 22

Cambrldge PhI￿arni0￿1¢ Yegr ended 31 July 2025 Schools proj¢ct ￿ant moni¢8 Grant from Cambridge City Council for Refuge conccrt 6.391 6,391 2,645 2,645 IKgacy from the ￿tate of Bill Parker 20,012 19,988 Refugee project comnwsion 1,717 185 41,717 11221 32950 R¢8trllcted fimds Pye FoundatioD Thts (again in 2024-25) includes a £2,000 annual donation from the Py¢ Foundation which must be used for the benefit ofp￿pIC within the CB or PE postal are4 or another area where Pye employecs were located. This was put towards Core costs of the Charity dwing th¢ y¢ar. Schools project grant monles £6,641 of Schools project grant monies w&s carrled forward into 2024-25 and w&8 included withxn defe￿¢d incom¢ rath￿ than restrict￿ funds. See Note 9 for further details. This was Spent on concert C6, with £250 Temainitig ID deferred income to covtt final expenses in 2025-26. Legacy from the estate of Blll Parker A restrithd legacy of £40,000 was left to the charity in the will of Bill Parker, a fornier long-terni member of the choTUS and also a genenjus supporter. £20,012 of these fimds were US￿ to support the concerts C4 and C7, respectively Elgar's Dréam of Geront1￿ and Britten's Peter Grimes. The remaining £19,988 will be carried fonyard to the Coming 2025-26 Se￿)n as stipulated by the legacy it should b¢ spent on British choral music. In the Consider￿ opinion of the trustees this may include commissioning a British choral composer to write a piece for the chorus to p¢rfonn at the workshop in April￿aY 2026. The tn￿teeS did not wish to 8p¢nd the entire legacy on what are year-to-year concert costs and will invest halfofth¢ remaining legacy in this comnllssion and in chornl tslenvskills development- to also be discvssed with the executors of th¢ legacy. Rehgee project £1,717 rfflnained at I" August 2024 of donated money (£2,717) towards a refugee project including a Con￿ and comMi￿10n for a Kamanch¢h concerto by Rouzbeh Parsa in 2023. The work had been ommissioned with £l,(K(i of this money and the ren￿ining £1,717 W8B 8p¢nt on the Conccrt, including Rouzbeh's fee for Wro￿1ng. Additional donati¢)ns of £185 w¢r¢ collected on behalf of the CRRC 8nd pass￿ onto them. Degignated hnds Following a generous donation t() the chaTity in the 2018-19 season, the Trust¢¢s designat￿ fi￿dS of £10,000 to be used in the future development of the organisation. The funds were llnre5trict￿ in nature the Trustees decidrAI to rtng-fcnc¢ its use to assist with the tracking of futt]re expenditure rclat¢d to this. The money remains at £2,(M3 and will be used for its ring-fenced PUTpose in 2025-26. Page21 of 22

Cambridge Plthrnionic Year ended 31 July 2025 11 Th18tee5' ¢xpeDse8 2D25 Purehased on behalf of the cl￿rIty Thistee name Posfition AdiDlnl8tr4tlve Expenses Neil Caplan Total . Purchased on behalf of th¢ Charity Trnstee name Position Total Admlntstratfve Expenses Neil Caplan Totsl 142 142 142 142 Page 22 of 22