Charity reglstration number 213125 (England and Wales)
Company registration number 00177744
THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Deborah Kale Ward (Chair)
Priscilla Louise Morris (Wice Chair-
Stepped down 17109120251
John Logan (Honorary Treasurer)
Yvonne Balsden
Christopher Philip Blurton {Wice Chair)
Annelle Brown
Fiona McLean-Buechel (Vice Chalr
from 17109120251
Jlll Elisabelh Wrighl
Neill Oldham
Verily Leah Willlams
(Appointed 8 May 2024)
(Appointed 4 Soplember
2024)
{Appoinled 22 May 2025)
(Appoinled 22 May 20251
Senlor management
Claire Lloyd
General hAanager
Charlty number
213125
Company number
00177744
Reglstered offlcè
Festivals Hous8
198 Park Lane
Macclesfield
Cheshire
SK116UD
Independant examiner
V J Alkinson
BK Plus Limited
52 Sl Johns Lane
Halifax
Wesl Yorkshire
HX12BW
Webslte
•M.federalionoffeslivals.org.uk
Investment advlsors
RBC Brewin Dolphin
12 Smithfield Slreet
London
EC1A 9BD

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
CONTENTS
Page
Trustees, report
Statement of trustees. responsibilities
Independ8nt examinees report
Slalemenl of financi81 activities
Balancé sheet
9-10
Notes to the financial slatements

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
Th8 Irusleos present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies Sel out in note 1 to the
linancial statements and comply with the charills governing document, the Companies Act 2006, FRS 102 "The
Financlal Reporting Standard applicable in the UK and Republic of Ireland. and Ihe Charities SORP "Accounting
and Reporting by Charities-. Slalement of Recommended Practtce applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102)"
Objectlves and activltles
The objectives of The British and International Fed8ralion of Festivals for Music, Dance and Speech I'BIFF,) are lo
advance, promote and encourage participalion in all branches of the performing arts.
The benefits to individLJals and communilies of participation in performing arls are widely recognised and occepled.
Particlpallon hones and slrenglhens life skills, quite apart from developing those skills in the performance art itself.
For many people, a performance offers a real sense of achievement which may not be equalled in their experience
of other activities, From a young age, particlpalion in performing arts shotsld be a key component of a balanced
education.
Prlnelple activities
The prinelple acllvity of BIFF is as a key support organisalion for those involved in fesllvals featuring amateur
performers. It provides a wide range ol services and resources lo facililale dellvery of fulfilling, inspirlng and
educational p8rform8nce opportunities for everyone. The services and resources on offer continually evolv8 and
develop lo reflect current best practice and lo meet ever changing needs and expectations.
Festivals play an important role in keeping alive local interesl in Ihe arts. They strengthen and support community
activities by providing a meeting place for amateur artists of all ages. They encourage cooperation among various
arl forms for the common purpose of achieving higher slandards of perfomiance. Many distingulshed artlsts
acknowledge that Ihelr first performance platform was provided by their local festival.
Public benefit
The trustees have complied with their duly lo have due regard lo the guidance on public benefit, published by the
Commission. in exercising their powers or duties. The trustees consider how planned activities will ¢onlribule lo
BIFF'S aims and objectives.
Strateglc report
The description under the headings "Achievemenls and performance" and "Financial review" meet Ihe company law
requiiemenls for the Iruslees lo present a strategic report.
Achlevements and performance
BIFF'S role in providing a platform for performance has become ever more necessary In the current climate of
cutbacks in all the performing arts, bolh in education and elsewhere. To Ihat end. the Trustees have begun a
reslrucluring of ltte activities of tha Board to provide more professional support for Feslivals and Adjudicalors.
Because of the increasing dlverslly of their WOTk, the decision was taken to appoint a second Vice Chair. Qfficers of
the Board now include a Chair, two Vice Chairs and a Treasurer and they and the Trustees are very well supported
by the staff al Feslivals House. A very welcome appointment lo the board in May was Annelle Brown, CEO of the
Wollongong Conservalorium of Music. Annette brings a welcome breadth of knowledge to the board and
strengthens our international experience and expertise.
As part of our determination lo continue to develop a more professional and appropriate structure, we have looked
to appoint Patrons who can advocate on behalf of BIFF. We are delighted that both the Kanneh-mason family and
Anna Jayne Casey have agreed to act In this role and we look lorward lo working with them.

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
There are CUTTently Iwo main sub.committees who report to the board. The Adjudicators. Council is made up of
three discipline specific groups and is chaired in lurn by a represenlalive from each disciplin8. Work has continued
on the process of appointing new adjudicators and also providlng CPD as a means of ensuring the maintenance of
high standards in adjudication.
The Festivals, Council is made up of regional representatives and is chaired by one of those represenlatives. Their
meetings provide a useful forum to promote best practice in the wnning of fesliv815 and much valuable work Is done
as reglonal reps visit festivals in action, both to support and act as a channel of communication.
In addltion lo these Iwo main 5ub-commitlees. the board has agreed lo set up a Youth Board and work on this
project is currently In progress. There are plans also lo sel up project specific and lime limited 'lhlnk tanks" as and
when the need arises. these will be populated by indlviduals with the appropriate skills and experience for the task
in hand.
As a part of the conlinuing drive lo provide up-lo-dale and professional support lo our mernbers. the board agreed
lo appoint a Membership Officer. Their role will be lo look at th8 current mernbership struclure and the benefits of
membership for fe51ivals, 2djudicalors, accompanists and friends. AlongsSde Ihls element will be responsibility for
marketing, PR and the general promollon of 81FF. supporting and co-ordinaling tha work done by so m8ny
volunteers.
The annual Conference was held in September al thè University of Wa￿iCk Conference Cenlre. This was a great
opporlunlly for Festival and Adjudicator members to exchange experiences and ideas for good practice. Members
were able lo lake part in sessions on marketing, the use of social media and fundraising and we had pracllcal
8xperience of the benefits of partnership. Kawai was Ihe official sponsor. providing a baby grand piano for our use
over the Conference. In addition, every delegate received a Kawal notebook and pen. We were able lo share
experiences across the disciplines ol the new Marking Scheme which was adopled in April and we ware reminded
of the Smportance of ensuring equality, diversity and incluslon in all our evenls. We were delighted lo welcome two
exceptional young musiclans, Braimah Kanneh-mason and Winnie Su, who spoke eloquently about their different
experlences of musical education, including feslivals, in the UK and Australia and of their hopes for the fulure.
Festivals House has become an increasing drain on the Federalion's finances. Patlerns of work developed by staff
mean that Ihe building is used much less, with staff working from home and having one "crossover" day during the
week. The decision ha5 been made lo sell the building and lo find suitable olfice space to rent In Macclesfield. Due
care and attention Ss being given lo the care of Ihe archive of the Federatlon.
The board Is hugely grateful to the leam al Festivals House, who enable and adminislrale our work. For part of lh6
year, they have been under-staffed bul Ihey have as always been at the end of Ihe phone or a computer terminal lo
answer the myriad questions which come their way. We 81so acknowledge the tireless work pul in by Feslival
members and supporters in providing a platform for the performance of life-enhancing art in all ils forms. The
Iruslees will continue working lo strengthen and improve the seNices which fulfil the aims of the Brillsh and
International Federation of Festivals.
Financial review
The financial statements for the year ended 31 March 2025 rellecl a year of on-going sector-wide pressures.
Income for the year was marginally less compared to 2024, primarlly due lo reduced conference Income 811ied wilh
a similar reduction in conference costs. The Charity's overall expendilure conlinues lo oulslrip lolal income-, mainly
due lo a notable increase in member seNices and admin costs. The combination of lower investment gains and
higher expenses have resulted in nel worth being reduced by £21.446.
Investment performance remained modest, prompling the board to undertake a review of strategy lo ensure
alignment wilh risk appelite and financial goals.

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCEAND SPEECH
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
R8sewes policy
The Iruslees consider reseNes equivalent lo 6-12 months of overheads lo be necessary, and the sum £150,000 is
judged appropriate to hold Sn reserve lo cover cash flow requirements and a contingency agalnst unforeseen
expenditure or income shortfalls.
The charities primary liquld asset is the sum of £236,176 held in inveslmenls, and excludlng tangible fixed assets
Ihe value of unreslricled funds is £254,433.
Post Balance Sheet Event
Following the decision to s611 Festivals House and in compliance with Section 11g of the Charities Act 2011, the
Iruslees obtained a wrillen report lo assess the viability of the sale, and determine a market value prior to sale. The
inspe¢lion was undertaken by an Associate of the RICS as required by the slalule.
The r6POrt indic8ted the property was capable of refurbishment and conversion lo resid8nlial occupancy. Subject lo
planning and necessary consents, the recommended valuation of the property was estimated al £290,000. This is
slgnificanlly greater than the balan￿ sheet valuation- however. following discussions with a local eslale agency,
there remains a degree of doubl on the likelihood of achieving this sum. 11 has been decided lo market Feslivals
House al a sale price of £260,000. The sale process will be closely monitored and. if no significant inleresl shown,
consideration will be given to listing the property at public auction.
Structure, governance and management
Company and charity information
Th8 British and International Federation of Festivals for Music, Dance and Speech I'BIFF,) is a private company,
limiled by guarantee, and registered in England and Wales, number 00177744. Ils registered office, which is also its
principal office, is Festivals House, 198 Park Lane, Macclesfield, SK11 6UD. 11 is registered as a charily with the
Charity Commission, charity number 213125.
Goveming documenl
BIFF is governed by ils Memorandum and Articles ofAssocialion which were last amended on 5 October 2014. The
company was formed in 1921.
Recrulfm8nl and appointmenl of Irustees
Trustees are elected by members of BIFF and may be proposed by members or identified by serving Trustees. A
skills analysis of Iruslees is conducted and where a shortfall is identified a recruilment plan is devised lo address it.
All Iruslees, includlng those elected honorary officers (chair, vlce chair and honorary treasurer), retire al the Annual
General Meeting following the third year of their appoinlmenl. A Iruslee who is not elected an honorary officer may
seNe continuously for a maximum of nine yeafs. In normal circumstances, an honorary officer may serv8
conlinuoLJsly for a maximum of nine years from the dale of first election lo the honorary office.
Risk management
The trustees have a duly to idenlify and review the risks to which BIFF is exposed and lo ensure appropriate
controls are In place to provide reasonable assurance against fraud and error.
The risk management strategy is managed by the Board of Truslees and comprises an annual review of the risks
the organisalion may face., Ihe eslablishmenl of systems and procedures lo millgale Ihose risks,, and the
implemenlalion of procedures designed lo minimise any polenlial impact on the organisalion.
The Board of Truslees maintains a risk reglsler, which is reviewed annljally. Insurance covers the major financial
risks and is reviewed annually. Systems of internal conlrol are designed to provide reasonable, bul not absolute.
assurance against material mis-slalemenl or loss. The controls are..
Regular consideration ol financial resulls in comparison to budgets
Regular review of non-financial performance indicators
Appropriate levels of delegation of authority lo slaff and segregation of duties
Idenlificalion and management of risks across a wide range of headings
Safely and fire risk assessments meeting legislative requirements

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCEAND SPEECH
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
{CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Truslees
Deborah Kale Ward {Chalrl
Priscilla Louise Morris (Vice Chair
1710912025)
John Logan (Honorary Treasurer)
Yvonne Baisden
Christopher Philip 81urton Ivlce Chairl
Annelle Brown
(Appointed 8 May 2024)
Clara Angela Iris Lane
(Resigned 24 November 20241
Robert M8cDonald
(Resigned 24 November 2024)
Fiona McLean-Buechel {Vice Chair from 1710912025) (Appoinled 4 S8Plember 2024)
Jill Ellsabelh Wright
Nelll Oldham
Verily Leah Williams
Stepped down
(Appointed 22 May 2025)
(Appointed 22 May 20251
Approv8d by order of the board of Iruslees and signed on ils behalf by..
Christopher PhS1ip Blurton (Vice Chair)
Tiustee
Dat8,.
1611212025

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Iruslees, who are also Ihe direclors of The Brilish and International Federation of Festivals for Music, Dance
and Speech for the purpo58 of company law, are responsible lor preparing the Trustees, Report and the financial
slalemenls in accordance with 8pplicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Company law r6qulres the trustees to prepare financial sialements for each financial year which give a true and falr
view of the state of affairs of the charity and of the incoming resources and appllcalion of resources, Including Ihe
income and expenditure, of the charitable company for thal y8ar.
In preparing these financial slalemenls, the trustees are required to..
select suitable accounting policies and then apply them consislenlly-
observe the methods and principles in the Charities SORP..
make judgements and estimates that are reasonable and prudent- and
prepare the financial slalemenls on the going concern basis unles5 il is inappropriate to presume that the charity
will continue in operallon.
The Iruslees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al
8ny lime the financial posilion of the charity and enable them lo ensure that the financial slalemenls comply willi 11)e
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for tho prevention and detection of fraud and other irregularities.

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE BRITISH AND INTERNATIONAL FEDERATION OF
FESTIVALS FOR MUSIC, DANCE AND SPEECH
I report to the Iruslees on my examination of the financial slalemenls of The British and International Federation of
Festivals for Music, Dance and Speech (the charity) for the year ended 31 March 2025.
Responslbilitles and basis of report
As the trustees of the charily (and also Its directors for the purposes of company law), you are responslble for the
preparation of the financial slalemenls in accordance with Ihe requ1￿mentS of the Companies Act 2006.
Having satislied myself that the financial stalements of the charity are not required lo be audited under Part 16 of
the Companies Act 2006 and are eligible for independent examinalion, I report in respect of my examination of the
charlty's financial statements carried out under secllon 145 of the Charilies Act 2011. In cafrying out my examinatlon
I have followed the Direclions given by the Charity Commission under section 145(51(b) of the Charities Act 2011.
Independent examiner's statement
I have completed my examination. I confirm Ihal no mallers have come to my attention in connection with Ihe
ex8minalion giving me cause lo believe that in any material respect..
accounllng records were not kept in respect of the charity as requlred by section 386 of the Companles Act
2006.
the financial statements do nol accord with those records., or
the financial statements do not comply wllh the accounting requirements of section 396 of Ihe Companies A¢1
2006 other than any requlremenl Ihal the financial slalemenls give a true and fair view, which is not a maller
considered as part of an Independent examination., or
the financlal slalemenls have not been prepared in accordance with the melhods and principles ol the
Slalement of Recommended Practice for accounting and reporting by charities applicable lo charities
preparing their financial slalemenls in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
I have no concerns and have come across no othèr mallers in eonnect5on wilh the examination to which allenlion
should be drawn in Ihls report In order to enable a proper understanding of the financSal slalements lo be reached.
V J Atklnson
BK Plus Llmited
52 Sl Johns Lane
Halifax
Wesl Yorkshlre
HX12BW
Date.. 16.Q.£o.i.Trb.cr 20U
IL f Ivs Limimd

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted Restricted
fund5
funds
2025
2025
Total Unrestricted Restrlcted
funds
funds
2024
2024
Total
2025
2024
Notès
Income from:
Donations and legacles
Charitable 2clivilies
Copyright and
Insurance
Members Subscrlptlons
Other trading activities
11,514
11,514
10.668
10,668
56,719
76,772
22,482
56,719
76,772
22.482
54.453
75.565
30,820
54,453
75,565
30,820
Investments
7,006
7,006
7,243
7,243
Total income
174,493
174,493
178,749
178.749
Expendlture on:
Raising funds
Charllable activities
Copyright, Insurance
and DBS
Membèrs Servlces
Members Support and
Adminislralion
Governanc6
26,591
26.591
43,095
43,095
67,990
88,260
67,ggo
88.360
57,650
79,690
57,650
81,286
100
1,596
11,310
5,977
11,310
5,977
10.121
2,278
10.121
2.278
Total charltable
expenditure
173.537
100
173,637
149,739
1,596
151,335
Total expendlture
200,128
100
200,228
192,834
1,596
194,430
Nel gainsl(lossesl on
inveslmenls
11
4,289
4,289
13.388
13,388
Net expenditure and
movement In funds
(21,346)
{100)
(21,446)
(697)
(1,596)
{2,293)
Reconclllatlon of funds:
Fund balances al 1 April 2024
433,401
3,754
437.155
434.098
5,350
439,448
Fund balances at 31 March
2025
412,055
3,654
415,709
433,401
3,754
437,155
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from conlinuing activities.

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible asset5
Investments
13
14
157,522
236,176
159,791
234,130
393.698
393,921
Current assets
Stocks
Debtors
Cash at bank and In hand
15
16
417
48,730
304
400
46,693
21,282
49,451
68,375
Crtdltors: amounts falllng due within
one year
18
(18.869)
(14,991>
Net current assets
30,582
53,384
Total assets less current Ilablllti8$
424,280
447,305
Credltors: amounts falllng due after
more than one year
20
(8,571 >
(10,150)
Net assets
415,709
437,155
The funds of the charlty
Restricted income funds
Unreslricled funds
21
22
3,654
412.055
3,754
433,401
415,709
437,155

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
BALANCE SHEET {CONTINUED)
ASAT31 MARCH 2025
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2025.
The diroclors acknowledge their responsibilities for complying with the requirements of Ihe Companies Act 2006
with respect to accounting records and the preparation of financial slatemenls.
The members have not iequired the company to obtain an audit of ils financial slalem8nts for Ihe year in question in
accordance wilh section 476.
These financial stalemenls have been prepared in ac¢ordance with the provisions applicable lo companies subject
lo the small companies reglme.
The financial statements were approved by the trustees on
1611212025
John Logan (Honorary Treasurer)
Trustee
Company reglslrallon number 00177744 (England and Wales)
10-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charlty Informatlon
The Brilish and Inlernalional Federation of Festivals for Music, Dance and Speech Is a private company
limited by guaranlee incorporated in England and Wales. The registered office is Feslivals House, 198 Park
Lane, Macclesfield, Cheshire. SK116UD.
1.1 Accounting convention
The financial sl8lemenls have been prepared in accordance wilh the charlly's governing document, the
Companles Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" and the Charitles SORP "Accounting and Reporling by Charilies.. Statement of Recommended
Praclice applicable to charitie5 preparing their accounts in accordance wilh the Flnancial Reporting Standard
appllcable In the UK and Republic ol Ireland IFRS 102)" The charity is a Publlc Benefit Enlily as defined by
FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not lo prepare a slalement of
cash flows.
The financial slalemenls are prepared in sterling. which is the functional currency of the ch8rily. Monetary
amounts in these financial slalements are rounded to Ihe nearest £,
The flnanclal slalemenls have been prepared under the hlslorical cosl convenllon, Imodifled lo include the
revaluation of freehold properties and lo include investment properties and certain financi81 Inslrumenls at fair
valuel. The prlnclpal accounting policies adopted are sel out below.
1.2 Golng concérn
Al Ihe lime of approving the financial statements, the Iruslees have a reasonable expectation that the charity
has adequat8 resources lo continue in operation21 exislence for Ihe foreseeable future. Thus the trustees
continue lo adopt the going concern basis of accounting in prepartng the financi81 sla18m8nls.
1.3 Charltable funds
Unreslricled funds are avallable for use at Ihe discretion of the trustees in furtherance of their charitable
objectives.
Reslricled funds are subject lo specific conditions by donors or granlors as lo how they may be used. The
purposes and uses of the restricted funds are sel out In the notes to the financial slalemenls.
Endowment funds are subject lo specific conditions by donors thal the capital musl be maintained by Ihe
charity.
1.4 Income
Income is recognised when the charity is legally enlilled to it after any performance conditions have been met,
the amounts can be measured reliably, and il is probable Ihal income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of Ihe donation, unless performance conditions require deferial of the amount. Income tax recoverable in
relation lo donalions received under Gift Aid or deeds of covenant is recognised al the time of the donation.
Legacies are recognised on receipt or otherwise if Ihe charity has been notified of an impending dislribulion,
the amounl is known. and receipt is expected. If the amount is nol known, Ihe legacy is treated as a
contingent asset.
11

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcle5
(Continued)
1.5 Expendlture
Expenditure is recognlsed once there is a legal or construclive obligation to Iransfer economic benefil to a
third party, it is probable that a transfer of economic benefils will be required in selll8manl, and the amount or
the obligation can be measured reliably.
ExpendlluTe is classified by activily. The cosls of each activity are made up of the total of direct costs and
shared costs, Including support costs involved in undertaking each aclivily. Direct costs altribuleble lo a single
activity are allocated directly lo Ihat aclivily. Shared costs which contribute lo more than one aclivily and
support costs which are nol allributable lo a single activity are apportioned belween Ih05e acliville5 on a basis
consistenl with the use of resources. Central staff costs are allocated on the basis of lime Spent, and
depreciation charges are allocaled on the portion of the asset's use.
1.6 Tanglble flxed assets
Tangible fixed assels are initially measured at cost and subsequently measured at cost or valuation, nel of
depreciation and any impairment losses.
Depreciation is recognlsed so as to write off Ihe cost or valuation of assets less thelr resldual values over Ihelr
useful lives on the following bases:
Freehold land and bulldings
Fixlures and fillings
1 % on rev81ualion
250A on reducing balance
The galn or108s arising on the dlsposal of an asset Is determined as Ihe dlfference between Iho sale proceeds
and th6 carrylng value of the assel, and is recognised in the statement of financlal acliiAtiès.
1.7 Flxed asset Investments
Fixed asset investments are initially measured al transaction price excluding transaction cosls, and are
subsequently measured al fair value at each reporting dale. Changes in fair value are recognised In nel
Incomel(expendilure) for the year. Transa¢lion costs are expensed as incurred.
1.8 Impairment of flxed assets
Al each reporting end date. the charily reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impaiment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to delermine the exlenl of the impairment
loss lif any).
1.9 Stocks
Stocks are stalod al the lower of cosl and eslimated selling price less cos15 to complete and sell. Cost
comprises direct materials and, where applicable, direct labour cosls and those overheads that have been
incurred in bringing Ihe stocks lo their present location and condition. Items held for distribution al no or
nominal consideration are measured the lower of replacement cost and cosl.
Net realisable value is the eslim21ed selling price less all eslimaled cosls of completion and cosls to be
incurred in marketing. selling and dislribulion.
1.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposils held at call with banks, other 5hort-lerm liquid
investments with original maturilies of three months or less. and bank overdrafts. Bank overdrafls ar6 shown
within borrowings in current liabilities.
12-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng policies
(Contlnued)
1.11 Financial instruments
The charity has elected lo apply ihe provisions of Section 11 'Basic Financial Inslrumenls, and Section 12
'Olher Financial Inslruments Issues, of FRS 102 lo all of ils financial inslrumenls.
Financial instruments ar6 racognlsed in the charilrfs balance sheet when Ihe charily becomes party lo the
conlraclual provisions of the inslrumenl.
Financial assets and liabilities are offset, with the nel amounts presented in the financial slalem8nts. when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a net
basls or lo reallse the asset and sellle the li8bilily simultaneously.
Baslc flnanclal assets
Basic financial assets, which include debtors and cash and bank balances, are initially m8asur8d al
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement conslilul6s a financing Iransaclion, whérè Ihe Iransaclion Is
measured al the present value of the future receipts dlscounled al a market ra16 01 interest. Financial assets
classified as reeeivable wllhin one year are nol amortised.
Basic financial liabillties
Basic financial liabili116s, including creditors and bank loans are initially recognlsed al transaction price unless
the arrangement constilules a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted al a markel rale of inleresl. Flnanclal Ilabilllies cla$6iffed as p8yable
within one year are not 8mortised.
Debt inslrumenls are subsequently carried al amortised cost, using the effective Interest rate method.
Trade creditors are obligations lo pay for goods or seNices that have beén acqulred In th8 ordinary course of
operalions from suppliers. Amounts payable are classified as current liabilities if paymonl is dué within one
year or less. If nol, they are presented as non-currenl liabililies. Trade creditors are recognised initially al
transaction price and subsequently measured al amortised cost using the effeclive inler6sl m81hod.
Derecognillon of flnancial Ilabllltles
Financial liabilities are derecognised when the charity's contractual obligations expire or 8re discharged or
cancelled.
1.12 Employee benefits
The cost of any unused holiday enlillemenl is recognis8d in Ihe period in which the employee's services are
received.
Termination benefits are recognised immedialely as an expense when Ihe charity is demonstrably committed
lo lerminale the employment of an employee or to provide lerminalion benefits.
1.13 Retlrement beneflts
Payments lo defined conlribulion reliremenl benefit schemes are charged as an expense as Ihoy fall due.
13-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Critlcal accountlng estimates and judgements
In the application of the charity's accounting policies. the Iruslees are required to make judgements, eslimales
and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other
sources. The eslimales and associaled assumptions are based on historical experience and other factors that
are considered lo be relevant. Actual results may differ from these estimates.
Th8 eslimales and underlying assumplions are reviewed on an ongoing basis. Revislons to accounting
eslimales are recogniséd in the period in which the estimale Is revlsed where the revision affects only that
period. or in th6 period of the revision and fulure periods where the revision affects bolh current and future
P6riods.
Income from donatlons and legacles
Unrastricted
funds
2025
Unrestricted
funds
2024
Donations and gifts
11.514
10,668
Income from charltable actlvltles
Unrestricted
funds
2025
Unrestrlcted
funds
2024
Copyrlght and Insurance
Copyright and insurance
56,719
54,453
Members Subscrlptions
Members Subscriptions
76,772
75,565
Other tradlng activSties
Conference
Members servlces and other
21,094
1,388
29,385
1,435
155,973
160,838
Income from Investments
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
7.006
7,243
14-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on raislng funds
Unrestricted Unrestricted
funds
funds
2025
2024
Fundralslng and publlcity
Travel and other costs
Conference costs
Centenary cosls
Sales and MarketinglProfile Raising
2,469
23,505
3,169
35,781
4,025
120
617
26,591
43,095
Expendlture on charitablo acllvltles
Copyrlghl,
Insurance
and DBS
Members
Members Governance
Servlces Support and
Admlnlslratl
on
Total
2025
2025
2025
2025
2025
Dlrect costs
Staff costs
Depreciation 8nd impairment
Copyright cover and insurance
Adjudlcalor and festival costs
20,085
953
38,595
72,977
1.166
9,275
148
102,337
2,287
38,595
601
451
150
59,633
74,594
9,573
143,800
Share of support and governance Costs (see nole )
Support
8,357
Governance
13.766
1.737
23,860
5,977
5,977
67.990
88,360
11,310
5,977
173,637
Analysls by fund
Unreslricled funds
Reslricled funds
67.990
88.260
100
11,310
5,977
173,537
100
67.990
88,360
11,310
5,977
173,637
15-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charltable actlvltles
(Continued)
Previous year".
Copyright,
Insurance
and DBS
Members
Members Governance
Services Support and
Administrati
on
Total
2024
2024
2024
2024
2024
Dlrect costs
Staff costs
Depreclalion and impairment
Office costs
Copyrlghl cover and Insurance
Adludicalor and festival costs
18.864
955
(1.826)
30,230
1,095
66,977
1.322
8,490
168
94,331
2,445
{1,826)
30,230
1,095
49,318
68,299
8,658
126,275
Share of support and governance costs (see note )
Support
8,332
Govern8nce
12,987
1,463
22,782
2,278
2,278
57,650
81,286
10.121
2,278
151,335
Analysls by fund
Unrestricted funds
Restricted funds
57,650
79,690
1,596
10,121
2,278
149,739
1,596
57.650
81.286
10,121
2,278
151,335
Net movement In funds
2025
2024
The nel movement in funds is staled after chargingl(crediting)'.
Fees payable for the independent examination of the charivs financial
st81emenls
Depreciation of owned langible fixed assels
2,391
2,268
2,278
2,444
Trustees
There was a total of £1,121 of expenses paid to Iruslees during the financial year, £1,060 was reimbursed for
Iraveling expenses {2024 - £9281 and £61 (2024 £130) ielaled to other expenses incurred.
16-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Employees
The average monthly number of employees during the yearwas:
2025
Number
2024
Number
General manager
AdminSslralive and support
Total
Employment costs
2025
2024
Wages and salar16S
Social security costs
Other pension cosls
96,594
3,824
1,919
89,649
2,703
1.979
102,337
94,331
There were no employees whose annual remuneration was more Ihan £60,000,
Remuneratlon of key management personnel
The remuneration of key management personnel was as follows..
2025
2024
Aggregale compènsation
45,385
43,369
The key management personnel of the charity have been identified as the general manager. Th8
remuneration of the key management Is sel and reviewed annually by the trustee board.
11 Galns and losses on Investments
Unrestrlcted UnrestrScted
funds
funds
2025
2024
Galnsl(lossesl arising on..
Revaluation of Investments
Sale of investments
4.690
14011
11,189
2,199
4,289
13,388
12 Taxation
The charity is exempt from taxation on Ils acltvilies bocau5e all ils income is applied for charitable purposes.
a7-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Tangible fixed assets
Freehold land Flxluros and
and bulldlngs
rittlngs
Total
Cost
At 1 Aprll 2024
160,000
66,761
226,761
Al 31 March 2025
160,000
66,761
226,761
Depréclation and Impalrment
At 1 April 2Q24
Depreciation charged in the year
3,200
1,600
63,771
66,971
2,268
Al 31 March 2025
4.800
64,439
69,239
Carrylng amount
Al 31 March 2025
155,200
2,322
157,522
Al 31 March 2024
156.800
2,991
159,791
14 Flxed assat Snvastments
Add
Investments I
Cost or valuation
Al 1 April 2024
Additions
Valuation changes
Management fees
Movernent in cash
Disposals
234,130
46,036
15,304
11,8691
3,712
161,1371
Al 31 March 2025
236,176
Carrylng amount
At 31 March 2025
236,176
Al 31 March 2024
234,130
15 Stocks
2025
2024
Finished goods and goods for resale
417
400
18-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Debtors
2025
2024
Amounts falling dua wlthin one year:
Prepayments and 8￿rUed income
48,730
46,693
17 Loans and overdrafts
2025
2024
Bank loans
10,434
12,013
Payable within one year
Payable after one year
1,863
8,571
1,863
10,150
18 Creditors: amounts falllng due wlthln one year
2025
2024
Notes
Bank loans
Other taxation and social securlty
Trade creditors
Other creditors
Accruals and défÉrr8d incomè
17
1,863
1,017
2,963
37
12,989
1,863
1,944
2,251
252
8,681
18,869
14,991
19 Secured Debts
A b8nk overdraft facility is secured via a fixed legal charge, dated 19 March 2010. over the charity property al
198 Park Lane, held by Roy81 Bank of Scotland.
During the year ended 31 March 2025, and Ihe prior year, the facilily has not been ulilised.
20 Creditors.. amounts falling due after more than one year
2025
2024
Notes
Bank loans
17
8,571
10,150
19-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
21 Restricted funds
The reslric18d funds of the charity comprise Ihe unexpended balances of donations and granls held on trust
subject lo specific conditions by donors as to how they may be used.
At 1 Aprll
2024
Resources At 31 March
expended
2025
Margaret Lane Award
Wesl London Pi2noforte Festival
3.250
504
(100)
3,150
504
3,754
(100)
3,654
Prevlous year:
At 1 Aprll
2023
Resourcès At 31 March
expended
2024
S Harrison Fund
Margaret Lane Award
Wesl London Pianofortè Festival
50
3,300
2,000
150)
150)
{1,4g6)
3,250
504
5,350
(1,5961
3,754
22 Unrestrlcted funds
The unreslricled funds of the charity comprise the unexpended balances of donallons and grants whlch are
nol subjecl lo specific conditions by donors and grantors as lo how Ihoy may be used. These Include
designaled funds which have been sel aside out of unreslricled funds by the Iruslees for specific purposes.
At 1 April
2024
Incoming
resources
Resources
expended
Galns and At 31 March
105ses
2025
General funds
433,401
174,493
(200,1281
4,289
412,055
Prevlous year:
Al 1 Aprll
2023
Incomlng
resources
Resources
expended
Galns and At 31 March
losse5
2024
General lunds
434.098
178,749
(192,834)
13,388
433,401
-20-

THE BRITISH AND INTERNATIONAL FEDERATION OF FESTIVALS FOR
MUSIC, DANCE AND SPEECH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
23 Analysis of net assets between funds
Unrestricled
funds
2025
Restricted
funds
2025
Total
2025
At 31 March 2025:
Tangible assets
Investments
Current asselsl{118bililies}
Long term liabilllies
157.522
236,176
26.928
18.571)
157,522
236,176
30,582
18,5711
3,654
412,055
3,654
415,709
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Total
2024
At 31 March 2024:
Tanglble assets
Investments
Current assetsllliabililles)
Long term liabilili6s
159,791
234,130
49.630
(10.150)
159,791
234,130
53,384
(10,1501
3,754
433.401
3,754
437,155
24 Operatlng lease commitments
Lessee
At the reporting end dale the charity had ou151anding commitments for future minimum lease payments under
non-cancellable operating leases. which fall due as follows-.
2025
2024
Within one year
Between two and five years
696
348
1,044
25 Related party transactions
There were no disclosable related paty Iransaclions during the year (2024 - none).
21