INTERNATIONAL CHAMBER MUSIC SUMMER SCHOOL A charitable incorporated organlsatlon reglstered wlth the Charity Commlsslon of England and Wales registered number: 1213114 ANNUAL REPORT AND ACCOUNTS For the financial period ended 30 Novembèr 2025
INTERNATIONAL CHADLBER pausic suMpaER SCHQQL SIGNIFICANT INFORMATION FOR THE FINANCIAL PERIOD 28 APRIL 2025 TO 30 NOVEMBER 2025 TRUSTEES: Stuart Cannon (TreasuFer} Rosamund Chalmers Alexander Galloway {Chairl Gabrielle Sanders {for two years) John Seddon (for bNO years) Mark Welling (for years) All the tnISt were appointed OFI 28 April 2025 (the date of registration) for initial terms of three years (except where indicated) REGISTERED OFFICE: 19 Lower End Swaffliam Prior Cambridge CB25 OHT 8ANKERS: Lloyds Bank INDEPENDENT EXAMINER: Richard Mansfield
INTERNATIONAL CHAMBER MUSIC SUMMER SCHOOL TRUSTEES, REPQRT FOR THE FINANCIAL PERIOD 28 APRIL 2025 TO 30 NOVEMBER 2025 STR.u¢Tu GOVERNANCE AND MANAGEMENT Intemational Chamber Music Summer School (ICMSS) was registered by the Charity Commission of England and Wales as a Charitable Incorporated Organisation (CIO) on 28 April 2025 and is governed by a constitution based on the Foundation model for CIOS. ICMSS assumed all the assets and liabilities of the unincorporated association which for some years had been operating under the same name. Apart from the first Trustees (listed above), every Trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the Trustees. The Trustees listed above have been duly appointed for (where not otherwise specified) three-year terms in accordan with thi5 requirement. CHARITABLE OBJECT ICMSS'S charitable object is to affvan education for the public benefit by providing short residential courses in England for adults lutored by experienced professional musicians to promote, sustain and increase participants. Instrumental skills and knowledge and understanding of chamber music. In setting ICMSS'S charitable object, the Trustees have considered the Charity Commission's public benefit guidance. ACTIVITY DURING THE ACCOUNTING PERIOD The accounting period covers the activity of ICMSS during the first Pgrsod of operations as a CIO which principally involved the running of a one week fully residential chamber music course for adult instrumentalists In August 2025 at Queen Anne's School, Caversham, Berkshire. Key elements of the 2025 Summer School were the following.. 51 adult instrumentslists attended the Summer School ofwhom 45 were from the United lQ'ngdom, 5 from the Nethertands and 1 from the USA. Of these, 8 had not previously attended a Summer School run by ICMSS. The Summer School faculty comprised.. Adam Precious (Course Director. double bass)., Michael Bell {piano)- Diana Cummings (violin),. Jane Hanna (horn). Jonathan Price {bassoon)' David Rix Iclarinet),. Nick Stringfellow {cello)', Justin Ward (violal- and Richard Weigall (oboe). 54 different pieces of chamber music (ranging from trios to nonets by composers from the 18th century through to living composers) were studied with each participant studying up to six pre4eslgnated pieces in three sessions involving the same players and tutor. ICMSS paFtFcipants provid8 a Bubstartrtial Ikbrary of chamber music which can be accessed by any participants throughout the week.
One participant ¥vas financially assisted tr) enable them to partiapale in the 2025 Summer S¢hool. FINANCIAL REVIEW The accounting penod covers the first part year of opeffttions by ICMSS as a CIO. AI the lime of registration as a CIO128 April 20251 ICMSS assumed all the assets and liabilities of ils predecessor unincorporated association. lnco.we jirom course foes tor the 2025 Summe", School).. amouning LO £45,1'I0 was generated by the predecessor association and accordingly was usèd by ICMSS, 8S intended, to pay for the costs ol the 2025 Summer School. Expenditure in the accounting period was £40.869 of which the principal elements were lil the cost of full residential accommodation: meals and course facilities al Queen Anne's School and (ill the fees and {where relevant) exoenses of the faculty of lulors. More Informalfi on income and expenditure Can be found in 'ihe chaiily cFGcounts in this document. Absent any unforeseerl everits, the Trustees are reasonably able to foreca51 incom8 {from course fees) and expenditure lon delivering the 2026 Summer School) for the accounting peFiod started 1 December 2025. The Trustees intend to ensure that, at all times, ITrMSS has sUtficierTI Funds to permiL an orderly i¥inding LJP of ICMSS sriouid that ever become necessary. On this basis land having regard lo ICMSS"'8 existing finan¢i81 resources). the Trustees consider ICMSS to be a going concern. PAYMENTS TO TRUSTEES No paymanls were made to ans1 01 tne Trusieee in ttTr.e accounting period (except Tor the reimbursement of expenses reasonably incurred in connection with the organisation of the 2025 Summer School)- ASSETS AND RESERVES At 30 November 2015 ICMSS had lotai net assets {cash at balk ena ',n nand) of £13,317. The Trustees periodi¢a5iy review the financtal position of ICMSS and periodically up- date ICMSS'S budget afjd cash-ff ow projections to ensure that al all limes ICMSS is able to meet lis committed exjenditure ar.d other debts as they fall due. PUBLIC BENEFIT In exercising their powers and duties the TrLJStees have comolied with their duty to have due regard to the guidance on public benefit published by the Charity Commission. Approved and signed on bei ialf of Ihe TrusLees Dated-. 271711 Chair of Trustees
INTERNATIONAL CHAMBER MUSIC SUMMER SCHOOL Charlty Accounts for the perlod 28 Aprll 2025- 30 November 2025 133 of the Charities Act 2011. INCOME AND EXPENDITURE ACCOUNT Notes 3011112025 INCOME Course Fees £170.00 TOTAL INCOME £170.00 EXPENDITURE Course Accommodation Director of Music & Tutors £27,722.73 £11,355.40 OTHER COSTS Music Purchases Re tion Drfnks Course Set-u IPre aration Public Liabili Insuran Web domainllT Other Committee Ex Bank Char es TOTAL OTHER COSTS £858.29 £59.17 £25.00 £175.50 £202.80 £427.09 enses £1.782.27 TOTAL EXPENDITURE £40.860.40 NETLOSS -£40.690.40 BALANCE SHEET Cash at bank at 30 November 2025 £13 316.62 Cash transferred in at 28 Net Loss for the eriod Cash at bank at 30 November2025 ri12025 £54,007.02 -£40 690.40 Notes to Accowits 1. On 28 April 2025. the Int8mational Chamber Music Summer School was awarded charitable status by the Charity Commission. Following the change to charitsble status, £9,069.02 of reserves were transferred in on 28 Apr(12025, together with nel course fees of £44.938 (total £54,007.02). Going foNard, the financial year*nd date is 30 November.
- Accommodation costs at Queen Anne's School were budgeted to include VAT. It was only after 28 April 2025 and the granting of charitable ststus that the charity was able to arranga for these costs to he settled without the addition of VAT. This explains the larger than expected surplus for Ihis course1£4,247.60)-
- The Net Loss does not reflect the underlying result for the whole year. This is because the bulk of the yoarfs income was received before 28 April 2025 while the bulk of the year's expenditure was incurred after 28 April 2025. The ?ocounts for the next financial yogr will be for a fu.11 yea.r and will reflect_tho t_ru.e position. Stuart Cannon ICMSS Treasurer 20 July 2026
INTERNATIONAL CHAMBER MUSIC SUMMER SCHOOL (tCMSS) INDEPEND EXAmINEs REPORT TO THE TRusfEES FOR THE PERIOD 28 APRIL 2025 TO 30 NOVEMBER 2025 I report lo the trustees on my examinatson of Ihe acujunts of ICMSS (the CIO) for the period ended 30 November2& I do not r&port on any accwTrts relating kn the period priorto 28 April 2Q25 on whith date the CIOVRS regi5ter>J by the Ghartty CoTnmission as a Charttabb IfKupordted Organisalion. The arJxx]nts are set out on pages 5 and ResponsTh1 ilities and basis of report As the iruslees of a CIO you are resw)nsible for the weparation of the accounts in accordance with the requtrements of the Charities Act 2011 (the A¢t). I report in respect of my examination of the CIO'S accounts Caled out under section 145 of the Act and in tsrn9 out my examination I have trllowed all the applicable Directions given by Ihe ChaTity Commission UFkder section 145(5}(b) of the Act. Independenl examinees statement I have completed ry examinatton. I confirm Ihat no malertal mattets have come to rny attention in connection with the examination gMn9 me cause to believe that in any mattirial rèspoct. accounting reGords were not kept in respecl gf the CIO as required by sectron 130oftheAct Dr the accounts do rK)l accord wlh Ihose re)rds. I have no CDncems and have come across no other rnatteTS in connedion wilh the examination lo which attenb.on should be drawn in this rewt in ordet lo enae a proper understanding of the acc(yJnts to be reathed. Slgnature of the examiner. Name of examlner. Rl¢hard Milrbos Mansfiekl Qualificalton of the examsner. BA (Hons) Accountancy Address." 25 Ridgeway Garden5. Highgale Lr)ndon N6 5XR Date: 27 Juty 2026