Charity registration nthnber. 12093 Instrumentalist of the World Annual Report and Financial Statelnents for the period from 26 July 2024 to 31 January 2025 Instrumentalist of the World Contents {continued) Reference and Administraiive Details Tnjstees, Report 2to3 Staternent of Trustees. Responsibilities Independent EXamine￿S Report Ststemenl of Financial Aciivities Balance Sheet Notes to ihe Financi21 Ststements 8t012 Instrumentalist of the World Reference 4nd Administrative Details Trusttts Mr lan Roberts Ms Fiona Healey Hutchinson Mr Alisiair Keith Mr Andrew Waltham Charlty R£gis¢r8tion Number 12093(M) Principal Ornee and Registered orrice Rose Cottage Brede Road Westfield Hastings East Sussex TN35 4SY Independent Ex*min¢r David Boobbyer. FCA Mccabe Ford William5, Chartered Accounianis Bank Chambers. 61 High Street Cranbrook Kent TN173EG Page I Instrumentalist of the World Tru$te¢s' Report The trustees present the annual report together with the finaneial stthtements of the charity for the period ended 31 January 2025. Objectives and ¥¢tivities Objeckn. slrnlegles and ocilvlil IDStnJmentalisi of the World is a competition set up for the public benefii io improve, advanc¢ and maintain public education in. and appreciation of, the art of musi¢ in all its aspects. in particular by staging a biennial classical instrum¢ntal music compeiition in Bexhill-on-S¢& E&st Sussex providing public concerts at th¢ De La wa￿ Pavilion and other venues, together with yeor round educational activities and other live music events designed to encourage the appreciation of music amon8 all age groups. Youn8 artists will k assisted by the provision of education, workshops, training and career development. Instrumentalist of the World is a new charithble music organisation founded by lan Roberts, a respected iniernaiional music competition and festival director and producer. thai will produc¢ a new international classical music competition held in Bexhill-on-sea, a music education programme for ¢hildren and young people in East Sussex and y¢ar round concerts featuring British and iniemaiional artisis. The charity wa5 launched on 12th October 2024 with a spectscular ¢on¢¢rt at ihe De La Warr Pavilion, Bexhill-on-sea, with the BBC Concert Orchesira and iniernational solo instrumenialists.- Amy Dickson. Plinio Femandes and Laure Chan. Amy Dtckson is a Grammy-nominated and Classical Bril Award-winning saxophonist. who perfom¢d John Williams's Escapades Saxophon¢ Concerto. Plinio Fernandes 15 a tk¢ca Gold Recording Artist, who p¢rformed the Rodrigo Guitar Concierto de Aranjuez. Laure Chan is a BBC Music Magazine Rising Star and is on Classic FM'S "30 under 30" lisi who perfomied Bruch's Violin Con¢¢rto. THE COMPETITION The first ¢ompeiiiion will take place in 2026 and will welcome international competilor5 of all instruments (¢xcept piano) aged 18-30 who will compet¢ for the title Instrumenialist of the World with the Jury President being Paul Hughes. fornier Director of ihe BBC Symphony Orchestra. Three finalists will each give a concerto perfoTman¢e with orchestra at the De La Warr Pavilion in Bexhill-on-sea, th¢ Competition's home. The charity will produce a progrnmme of rnusie education for school children and youn8 people and will shine a spotlight on world class live classical music audience experiences for the Rother and East Sussex communitl¢S. The compdition is a major addition to the UK classical music calendar. Publle beneJ71 The trustees confirni thot th¢y have complied with lh¢ requirements of section 17 of th¢ Charities Act 201 I to have due regard ¢0 the public beftefii guidance published by the Charity Commi55ion for England and Wales. Going ¢oncern Th¢ charity has a deficit of fund5. A Trn$iee who has underwritten this deficii has indi¢at¢d th￿ he will not request re-paymeni of his loan or the re.imbursement of the expenses incurred on behalf of the chaTity until sutricieni funds are rai5¢d as a result of fundraising and expecied receipts from Ix)th Gift Aid or Orchestrd Tax Relief. As a Te5ult. the Trustees consider that there are no material uncertainlies about ihe charity's ability to continue as a going ¢on¢ern. Page 2 Instrumentalist of the World Trnstee$' Report (continued) structu￿ govtrnanct and management Nal4re ofgow¢rning doeument Instrumentalist of the World is a Charitable In¢orporat¢d Organisation (CIO). incorporated in England and Wales. that is governed by its Constitution, registered on 26th July 2024. The annual report wa5 approved by th¢ twstees of the charity on 19 September 2025 and signed on its behalf by: Mr lan Roberts Trustee Mr Andrew Waltham Trustee Page 3 Instrumentalist of the World Statemenl of Trnstees, Responsibilities The trustees are ￿SPonsible for preparing ihe trustees. report and the financial siatements in accordance with the United Kingdom Accounting Standards {Uni(ed Kingdom Generally Accepied Accounting Practice) and applicable law and regulations. The law applicable io charities requires the trusiees io prepare financial Matements for each financial period which give a true and faÉr view of the stale of affairs of the chariiy and of the tncoming resou￿¢5 and application of resour￿5 Of the charity for that peritwj. In preparing th¢s¢ financiAI stsiements, the trLL5tees are required io.. s¢l¢ct suitable accounting poli¢ies and then apply them eonsisienily. observ¢ the methods and principles in the Charities SORP. moke judgements and estimates that are reasonable and prudent. state whether applicable ac¢ountin8 Standards hav¢ been followed, subject io any material departures disclosed and explained in the financial sthi¢m¢nts: and prepare th¢ financial 51arements on the going concern basis unless it Is inappropriate to presume that the charity will ¢ontinue in bu5in¢ss. The trustees are reswTrsible for keeping proper accounting records that disclose with r¢asonable accurdcy at any time the financial position of the chariry and enable them io ensure that the flnancial stateTnents comply with the Charitie5 Act 2011. the Charities {Accounts and Reports) Regulation$ 2008. and th¢ provisions of ihe constitution. The trust¢e5 are also responsible for safeguarding the assets of the charity and hence for taking reasonable step5 for the prevention and detection of fraud and other irreg¢Jlaritie5. Th¢ trustees are responsible for the maintenance and integrity of the corporaie and financial infomiaiion included on the charitable company's websiie. Legislation governing the preparation and disseminaiion of financial statements may differ from legislation in other jurisdictions. Approved by the trustees of lh¢ eharity on 19 Sept¢rnb¢r 2025 and signed on its behalf by: Mr lan Roberts TTU51e¢ MT Andrew Waltham Tnjstee Pa8e 4 Instrumentalist of the World Independent Examiner's Report to the trusle¢$ of Instrumentalist of the World I report to the trustees on my examination of the accounts of InstrumentslLSt of ihe World for the period ended 31 January 2025. Respon$ibilitks and basis of report As the charity trustees of Insirnmentalist of the World you are responsible for the prewation of the a¢¢ount5 in accordance with the requir¢m¢nts of the Chariiies Act 2011 {'the Act.). rep)rt in respe¢t of my examination of the Instrumentalist of the World's accounts carried out under section 145 of the 201 l Act and in canying out my examination I have followed all the applicable Direction5 given by the Charity Commission under section 145{5Mb) of the Ac(. Independent exaThiner's St8tement I have completed my examination. I confirn) thai no material matters have come to my attention in conneclion with the examination giving me cause to b¢lieve that in any material r¢spect= aecounting records were not kept in respect of Instntmentalisi of the World &$ required by Section 130 of the Att., or 2. the accounts do not a¢cord with those records; or 3. Ihe accounts do not comply with the ac¢ountirt8 requirements conc¢ming ihe forni and conient of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement thai ihe accounts give a 'irue and fair view, which is not a tnatter considered as part of an independent examination. I have no concems and have come across no other matters in conne¢lion with the examination to whi¢h attention should be drawn in this re￿rt in order to enable a proper understanding of the accounts to be r¢a¢hed. David Boob yer, FCA Mccabe Ford William5, Chartered Accountsnts Bank Chambers. 61 High Street Cranbrook Keni TN173EG 19 S¢ptember 2025 Page 5 Instrumentalist of the World Statement of Financial Activitie$ for the Period from 26 July 2024 to 31 January 2025 Unrestrict fund5 Totsl 2025 Note Ineome and Endowments from: Donations and legaci¢s Charitable activities Investment income 31.575 9.169 31.575 9,169 Total income 40.747 40,747 Expenditure on: Charitable aciivities Oth¢r expenditure Total expenditure N¢t expenditure Net movement in funds (53.419) (500) (53.419) 1500 153,919) 53.919 13,172 {13.172 13,172) (13.172) Reconciliation of funds Toial funds carried forward 13,172 13,172 All of the charity's a¢tivities derive from continuing operation5 durin8 the abov¢ period. Th¢ notes on pages 8 10 12 fomi an integral part of thes¢ financial slatements. Page 6 Instrumentalist of the World (Registration numb¢r: 1209300) Balance Sheet as at 31 January 2025 2025 Note Current assets Cash at bank and in hand 24 Creditors: Amounts falllng due wlthin one year 10 (13.196) Net 118bllitles {13,172 Funds of the charlty: Unre5trieted irteome funds Unrestricied funds (13.172) Total funds (13,172) The financial Statements on pages 6 10 12 were approved by th¢ tW5te¢s. and authorised for issue on 19 September 2025 and signed on their behalf by- Mr lan Roberts Trustee Mr Andrew Waltham Trustee The notes on pages 8 to 12 forni an integral part of these financial $thtements. Page 7 Instrumentalist of the World Notes to the Financial Statements for the Period from 26 July 2024 to 31 January 2025 l A¢£ounting policies Statement ofcomplian¢e The financial statements have been prepared in accordance with the second edition of ihe Charities StateTnent of Recommended Practice issued in O¢iob¢r 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ir¢lY4nd IFRS 102) and the Charities Act 2011. Bajis of preparation Instrumentalist of the World m¢ets the definiiion of a public benefit entity under FRS 102. The accounts (financial 5tatemenis) have been prepared under the historical cost convention with items rKo8nised at cosl or transaction Yalue unless otherwise siaied in the relevant noie(s) lo these accounts. Going ¢oneern The charity has a deficit of funds. A Trust¢e who has underwritten thi5 defi¢it has indicated that he will not request re-paym¢nt of his loan or th¢ re-imbursement of the expense5 incurred on behalf of the charity until sutTicient funds are raised as a result of fundraising and expecied receipts from both Gift Aid or Orchestra Tax Relief. As a result. the TrustKs consider ihat there are no malerial uncertsinties about the charity'5 ability to ontinue as a going concern. Income 4Dd endowments Income 15 r¢cognised when received. Invtsimeni Income Dividends ar¢ recognised once lh¢ dividend has been declared and notification received of the dividend due. Expenditure All expenditur¢ is recognised once there is a legal or constructive obligation to ihai expenditure, li is probable settlement 15 required and the amount can be measured reliably. All costs are allocated io th¢ applicable expendilur¢ h¢ading that aggregat¢ similar costs to that ¢ategory. Ch&rlioble acilvliles Charitable expenditure comprise5 thos¢ costs incurred by the charity in ihe delivery of its a¢livÉties and services for its beneficiaTies. It includes both ¢osts th￿ can be all￿ated directly lo such activitie5 and those costs of an indirect nature ne¢¢ssary io support th¢m. Tax8tion As a UK-registered Charitsble Incor￿)rated Organi50tion (CIO), the Charity is exempt from taxaiion. Cash ¥nd egsh equivglenl$ Cash and cash equivalents comprise ¢ash ￿ bank and in hand. Po8e 8 Instrnmentalist of the World Notes lo the Financial Statements for the Period from 26 July 2024 to 31 January 2025 (continued) Tr4de treditors Trade creditor5 ar¢ obligations lo pay for good5 or s¢rvices that have b¢en acquired in th¢ ordinary course of business from Suppliers. Fund structure Unrestricted income funds are general funds that are availabl¢ for use at th¢ trustees discretion in furtherance of the objectives of the charity. 2 Income from donations and lega¢ie5 Unrestrieted fund5 General Tolal funds Grnnts and donations 31.575 31,575 Totsl for peri￿1 ended 31 Janu#ry 2025 31.575 31.575 3 IDcome from charltable #¢tiYltles Unrestricted rundg Genernl Total funds Concert ticket sales 9,169 9,169 Tot*1 for perlod tnded 31 January 2025 9,169 9.169 4 Investment Ineorne Unrt5tri£ttd funds General Total funds Interest receivable and similar income. Interest receivable on bank deposit5 Total for period ended 31 J*nu*ry 2025 Page 9 Instrumentalist of the World Note8 to the Finoneial Statements for the Period from 26 July 2024 to 31 January 2025 (continued) S Eipettdlture on charit*ble activitie5 Total f￿ndS Note A£tivity undertaken directly Tot*1 expenditure Artl5ts' Fees and Expenses Concert Venue HiTe Box Offic¢ Commission Catering Security and First Aid Design, Advertising and MaTketin8 Total for period ended 31 J#nugry 2025 42.704 7.161 434 42.704 7.161 434 921 653 1,546 921 653 1.546 53,419 53,419 6 Other expenditure Unrestrict fund5 General Total fund5 Nott Indep¢ndeni examiner fees Examination of the financial statements 500 500 Total for peri(Kl ended JI J8nu#ry 2025 500 500 7 Trustees remuner4lion and expenses During the period the charity made ihe following transactions wilh trullees.. Mr lan Roberts £4,395 of ¢XP¢DS¢S were reimbursed to Mr lan Roberts during the period. The expenses reimbursed were in connection wilh concert ¢osis and design. advertising and marketing costs i the norrnal course of business. No trustee5, nor any persons Connected wilh them. have r¢¢etved any remuneration from the charity during the No tnjstees have re¢¢ived any other benefits from the charity during the year. Page 10 Instrumentalist of Ihe World Notes to the Financial Statements for the Period from 26 July 2024 to 31 January 2025 (continued) 8 T#xatlon The charity is a regist¢red charity and is therefore exernpt from ￿Kation. 9 C¥$h and eash equlvalents 2025 Cash at bank Short-t¢rm deposits 24 10 Creditors: *mount$ f#lllng due within one ye*r 2025 Trade credilors Other loans Other creditor5 Accnjals 6,395 6.300 500 13,196 Pagell Instrumentalist of the World otes to the Financiydl Statements for the Period from 26 July 2024 to 31 January 2025 (continued) Other borrowings Private iA)an, which is from a Tntstee. with a carrying amount of £6.3(MI { £Nil) is d¢nominated in with a minal interest rate of 00/0 (- ). The final insialment Is due on 31 January 2026. The loan is repayable within one year. I l Funds Incorning resources Resour