2024-09-30-accounts

Registered number. 2040312 Charity number.. 295329 ORCHESTRA OF THE AGE OF ENLIGHTENMENT TRUSTEES, ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2024

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) CONTENTS Page R8f8renc8 and AdrninistratlV8 Details ol Ihe Charity, its Twustees. and Adwsers Trustees, Annual Report Independent Auditor's Report on the Finanryal Slatements Consolidated St8temènt of Finanual Aclivikn"ès 14 Consolidated Balance Sheèt 15 Charity Balance Sheet 16 Consolidaled Ststement ol Cash Flows 17 Notes to the Flnanaal Statements 18

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. Irs TRUSTEES. AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Trustees Imogen Ch8rfton-Edwards, Chairman Cecelia Bruggemeyer, Vice-chairman Crispin Woodhead, Chief Executive Daniel Alexander KC Alexandra Bellarny (appointed 20 September 20241 Adrian Bending (resigned 20 September 20241 Dr Daniel Edgarloppointed 20 September 20241 Denys Firth Adrian Frost David Marks Rebecca Miller IreswJned 16 June 2024} Alison McFadyen Andrew Roberts Iresigned 20 September 20241 Kathgrine Spencer Christinè Slich8r Dr Susan Tranler Emma-Jane Willan (appointed 2 February 20251 Eleanor Williamson lappoinled 2 Fèbruary 202SI Company regl8ter•d nUm￿r 2040312 Charlty roglstorgd numbtrr 295329 Réglst•r•d offlc• Acland Bufghley School 93 8¢Jrghley Road London NWS 1UH Comp•ny ¥•¢r•tsry Edward Shaw Indépènd•nt audltor8 Crowe UK LLP Charte￿d Accountants & Statutory Auditors 55 Ludgaie Hill London EC4M 7JW Bank•rs Lloyds Bank 39 Picca(lilty London W1V OAA CAF Bank 25 Kings Hill Avenuo King5 Hill West Malling Kent ME194JQ Sollcltors Hamlins LLP 1 Kingsway London WC28 6AN

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The Trustees present their annual ￿port. which indudes the D1￿CtOrS. report. together with the audited finan¢i81 stat8m8nts of the group and the Orch8stra for the y88r from 1 October 2023 to 30 S8Pternber 2024. The Trustees confirm that the Annual Report arKI financial statetnents of the Orchestra comply with the current statutory requirements, the requ1￿MentS ol the Orchestra's gtsveming document and the provisions of the Ststement of Recommended Practice ISORPI. applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland Icharities SORP.. FRS 1021 (Second Edition October 20191. Since the Orchestra and the group qualifies as small under section 383. Ihe strategic report required of medium and large ¢ompanie5 under The Companies Act 2006 Istrategic Report and Directorfs Reportl Regulations 2013 is not r8quir8d. Struetur•, govèrnaneè and managèmènt The Group consists of The Orchestra of the Age of Enlightenment I"OAE", the par8nlorch&stral, and OAE Productions Ltd Ilhe subsidiary). The OAE is a registered Charity and company limited by guarnnte8. &Stablished in 1986 and govemed by its Articles of Assooation. The OAE has no Sha￿ capitsl and in the event of it being wound up the liability ol Members and those who ceased to be Members within one year is limited ¢0 £1. As a 'self-goveming orchestra the majority of Members are Player Memb8rs. being those musicians who. in the opinion of the Board, 'make a significant and conlinuiThJ contribution 85 musician5 to any orchestral or musical en8ernble for the tirne being mainlained by Ihe Orchestr8'. The Board ol Directors comprises all members of the Playe￿,AftsS1lC Committe8. the Chlaf Exacutive, and between five and ten Non-Player Directors elected by the Members. The Players, Artistic Committe6 I"PAC'I coMWs￿ five Player Mambefs. drawn from at least two sects'ons of the Orchestra, elected by ¢he Player Members. Its rde is ¢0 establish the arbS1￿ policy and plans of the Orchestra, supervise the choice of prograrnmes. personnel. cDnduclors. soltysts and other perfom)ers. and generally have responsibility lor the musical direc￿'on and development of the Orchestra and the rnaintenance of arts'stic stsTrdards. PAC mernbers are elec¢ed for a period of Ihree years and are eligible lor ￿eleCtIOn up lo a maximum term of slx years. After retirernenl from the PAC at leasl three years must elapse before 8 P18yer Member is eligible for re-election Non-PI8y8r Dirèctors arè rè(xuit8d by 8 Nominations Committee Ictsmprising lh8 Chair, a non-Play8r Dirècttsr and 8 mombèr ol thè PACI bofore being proptss6d lor èlecb.on by the Membats. Thè Nominations Committeè aims to ensure the Board maintains an appropriate and wide range of skills and experience to complementthose of the PAC, including individuals wth bad(grounds in leadership, govemance. finance. philanthropy. arts. education, communications, law and HR. Non-Play8r Oir8Ctors are glected for a period ol three y88rs and are eligible for rwlection up lo 8 Maximum term of nin8 years, except in th8 cAs9 gf Ihg Chairman IwlK> is elwjible for rw19c1￿n up to a maximum tgrm of fiftegn ye8r51 and the Chief Executwe. New Board members receive a datailed induction pack aThJ meet wilh Ihe Chief Extrcutwe, othèr Board Membèrs and members of the Senior Management Team as requiffjd. and oThJoing support and training Is made aVaila￿a in the areas in which they have specific respM)nsibilily. The Board will make decisions relating to the vision. misS￿n and values lor the OAE, carrying on the charitable purpose of the OAE in accordance wilh the objecis of the OAE as set oul in the Arbcles of Association and designing strategy and structure for the operation of Ihe OAE. The day to day management and decision making of the Orchesfra is delegated to the Chief Executive, who 1$ supported by a Senior Management Team I"SMfi of six (Projects Director, Director of Finance and Govemance., Chief Operating ()￿Icer, Education Director," Director of Marketing," Developrnent Director) and eleven other rnembeis tsf staff leight full-time and three part-timel, and a number of freelance individuals for projeci assistance from time to 'me.

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) TRUSTEES. ANNUAL REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Stru¢ture. govern3n¢e and management (c¢￿11nyed} The CEO is responsible for estsblishing and reviewiro all employee salaries with the exception of the SMT which is r8Vi8W8d by the CEO with the 5UPPOrt of the Rernuneration Cornrnittee. The CEO will obtain guidance as required from relevant SMT m8mb8rs and the Financ8 COMM￿8?. All salary am8ndrnents 8re 8pprov8d by th8 Remuneration Committee. The Remuneration Committee is responsiNe fw setbThJ the CEO and SMT remunerab'on in the light of their performance and prevailing rnarket conditions. The Remunerabon Committee will work with the Finance Committee to ensure that all compensatson changes are within approved budget limits. or Ihat such limits are duly amended. The OAE has one wholly owned subsidiary, OAE Produclions Ltd, which h8s its own Board of Directors cornprised of representstives of the OAE'S Board, PAC and senior m8nagernent ie8m 81ong Wlth an indep9ndgnt Director. OAE Productions Ltd was the production company lor the majority ol the OAE'S concerts until 18 March 2022 when this aetivity was transferred to the OAE and manaoès aspècts ol its commeroal activity including corporate sponsorshlp. The OAE plans to make the subsidiary dormanl. Details ol the relationships between the OAE and related parties arn induded in the notes to the financial ststements. The OAE has achieved the key outcomes and is adoptiThJ recomm&nded practice lor th& Charity Govemance Code principles relating lo organisational purpose. leadership. integrity. decision making and board effectiveness The OAE 15 working towards full compliance with the recommended wacts'cé for Ihe princsples relating to equality. diversity and inclusion and openness and accoun¢ability. To achieve the recommended practice, the OAE will in the current financial year.. 1. Continue to refine Ihe key stakeholder communication stfdte9y; and 2. Contlnue to wor on thè davelopmanl ol an èquality. divèrsity and incluslon pollcy. Obl•ctlv•s and actlvttl•s Our mlsslon The object for which the Orchestra is established is to advance education through the promotion, support, encouragement of the art of music linduding opera. music. drama. dancing. singing and all lomis consists'ng in whole or in part of rnusicl and in p￿￿'CUlar Ihe kxomoD¢)n, encouragement and apprecialion of music as played on period instrLJrnents. Th& OAE 1$ on$ of tho wodd'$ lèading or¢h&stra$. giving wrfomian￿$ ¢h8ra¢tri$èd by enèrgy, insight and vit81ity on p8riod appropriate inslrumants. Wè 8mb(yJy thè values of th* Enlight8nTnènt, challenging Èxisting id885, championing innovation and approaching our music-making, which ranges from Monteverdi to Mahl6r, with a const8nt spirit of enquiry. Whilst run and artistically led by our ￿aYers. we work with the worfd's leading artists. particularfy our Principal Artists, as well as nurturing the next generation of musiaans. We strive to ￿ach the widest audience possible through perfomance and our ￿nOwned educalion programme. Ourstr4tegl¢ prf¢vltles For the ye8r ended 30 Sept8rnber 2024 our strat8giC aims wer8 as follows= Maintain th8 highest standards of artistic attainm8nL Provid8 a comp811ing narrativ8 of artistlc 8Ctivity'. 3. Ensure more diverse participatstsn", 4. Broa¢Jen and ennch audience pa￿Cipath"On- 5. Ensure that our education programrne remained relevant and inspirational.. and 6. Be financially resilient. Please See the Achievements and Impact section on pages 5 to 6 for discussion of our perfortnance against thesè strategic priorities.

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) TRUSTEES. ANNUAL REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Obje¢ti¥es and a￿l¥ltieS Icontinuedl Our activities To 5UPPOrt our mission, deliv8r ouv strat8gic priorities and furth8r our puwposes for th8 public b8n8fit. The principal activities we undertake are a worfdwde prtsgfamme Of concerts, recordings and broadcasts, and a cornprehensive programme ol music education and outreach acts"vib"es aimed at involving, emwwering and Inspiring participants. At the core of ourartislic activity is our pioneering ￿SIdencY al Adand Burghley Schod. Alongside that key community partnership. we maintain an annual series of concerts al London's Southbank Centre and Kings Place. We aim to nurture relationships with audiences in other IC￿tionS through partnerships and residencies with venues. promoters and festsvals in the UK and overseas. In addition. we seek to make our work relevant to different audiences through innovative methods of concert presenlalion and perfomiances in venues not traditionally associated with 18s5i¢81 mu51C. In our education an(J outre8th work wg 81s9 aim to focus w rggions where the orchestra perforrn5, nurturing relationships with local partners and building an OAE community in those areas. Our education activities are streamlined into six distinct strands". TOTS Ilor those aged S and underand their parents and camrsl, schools, special needs, nurturing tslent, opera, and flagship projects which integrate Ihe other five strands. Publlc Benellt In the preparation ol this Rewt. Ihe trustees have been aware ol their responsibilities to demonstrate that the activities of the OAE offer a ￿81 and praclic81 public benefil as required under Section 4111 of the Charities Acl 2011. The OAE Board of Trustees confirrns th81, in exerrising its powers and duts'es, il h85 cDrnplied with its duty to have ragard to thè guidanc8 issued by th8 Charity Commission on Ihè provision of public banafit by ch8ritiès. Thè OAE'S objèctivès and stralagie prioritiès arè sèt out abovè. Wè have raptsrtèd against Èach of thasa stratègic prioritiès in relation to activity lor thè financial year 202312024. Th• Trusta•s havè had règard to thè Commission'g guidance on public benefit when reviewing activities against objeclives set and in planning future activities, including our fundraising and charitable trading activitses as detsiled below. Fundraising and charitable trading play a crucial role in helping us reach the widest audience. enabling us to set ticket prices and offer discounts Ihal reduce financial barrier5 to attendance. Broadcasts, recordings and online Streaming of selected concerts. whelher free of charge or a¢ low prices. In¢￿ase Ihe number of people able lo experience our music beyond the p8rform8n(% ￿Nu•. Thé selling ol eharyés for eduea￿.0na1Snd participatory progr8rnrnes is fund81ll8nlally aimed at ansuring thay arè actassibla to th• vAd•st F¥JssI￿a communrty, and thèsè ar•, in most casès. provided freo to benèfieiariès. This Annual Report shows that Ihe guidance has been met. Achl•v8m•nts and Impact 1. Artistic attainmenl and narrative W8 rnaintained our artistic s8asons at Southbank Centr8 wtth lh8 following prDgr8rnrn8'. Haydn.. First and L8St Symphoni8s, Bath= Complete Chrislrnas Oratorio Imasaaki Suzuki), The Fairy Qu8en (Community Opera), Mozart.. Arias and Overtures ILoui5e Ader, Ricrardo Minasil, Bach.. Easter Oratorio (Peter Whelanl, Sibelius". Symphony No. 5 (Maxim Emelyanychevl, Mendelssohn.. Complete Symphonies & Piano Concerti IsirAndras Schiff). Al Kings Place. the Bach. the Universe and EVe￿ing series continued for another season alongside the Night Shift programme in London pubs. The OAE continued its ￿idenCY at Glyndeboume Festival for operas IHandel.. Giulio Cesare. Mozart.. Die Zaubefflotel.

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) TRUSTEES. ANNUAL REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Achievements and impa¢t Icontinuedl International touring included.. Denmark. Gennany. France. Belgium. Czech Republic and Austria. Domestic tOLJring featured pertormances at.. Basingstoke, Saffrrjn Hall, Wiltshir8 Music Centr8, York, Plymouth, Durham and Norfolk. The residency at Acland Burghley saw the expansion of its offeracross multiple strands Including workshops, mainstage collaboration. mentoring. and whole school musiuanship. Key components ol this wort( We￿ the Dreamchasing Young Producers programme of mentoring students in creative industry skills. our innovative Musical Connections programme for students. staff and OAE musicians. our flagship community opera at Southbank Centre and regular workshops and enr￿inter sessions lo enrich school life. Diverse partlClP8tion W8 continued our programme of ed(￿ation touring to primary schools across London and comrnunities in Norfolk, Durham and the South Coast. Through th• residency at Acland 8urghley school, workshops, SEND programmes le.g. Musical Connecbonsl and the menlonng pfogramme Iofeamchasing Young Produeersl w& maintainèd our offer lo underprivileged students across the campus. 3. Audience participation The 2023-24 season saw further improvement in box office performance by comparison with the previous 8ea50n. Overall, we exceeded box office largels by 10% in 8ttend8nce and 240k in incixne. YouTvbe audience increased by 1.5k in subscription wlh a sleady performance 8¢ross all other social rnedia channels. 4. Educational programmirKJ Educational work w8S Stron9ly ￿P￿Sent￿ a¢ros$ our ¢$tabli$h¥d t&rritori&$.' London l¥.g. Nawh8rn, Brgntl, the South Coast, Norfolk an¢J County Dutham. The range ol acbvity followed the pattem 012022-23 with particular areas ol ernphasis on earty years le.g. The OAE TOTS programmel, Key Stages 1 and 2 and SEND support with flagship work based around the projects such as The Fairy Queen. 5. Financial resilience This was an important year in our graded pr(>Jramme of investrnenl in activity to la(ilitrte the rewvery of the orch8Stra and its activity Irom the Covid-19 pand8rnic so thal lulur8 years c8n offer a 5t8ble and resilient programme. Thi5 5trat8gy ol investment 8nsur8S thal the relationship with audience5 15 m8iritain8d, roots ar8 set down in the new resident community. artists"c attainment is supported at the highest level with commensurate critical reception and that. all taken logelher. Ihe reputation of the orchestra is advanced. This advancement can then be translated into finanaal support and artisbc invitation. This strategy aims to ensure that the fundarnenlal mission of the organisalion conlinues vnhampered by the many negative consequen￿$ of Ihe pandemic and the war in Ukraine le.g. inflation. audience retic2nce, depression in overseas ¢ouring, energy crisis, restriction in overseas actNityl. Finan¢ial review Income The group's prinapal sources of funding are income frthn donab.ons and legaues and income from charitable activities, principally ticket sales and engagement fees for con￿rtS given. Donation and grant income raised in the year totalled £1.781k 12023.. £1.258kl, an increase from the prior year, including £208k from Arts Council England grants12023'. £217kl.

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) TRUSTEES. ANNUAL REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Finan¢ial review l¢ontinued} Income (continued) Donation and grant income was raised frimn IrKlividuals (from Friends Patron memberships, in addition to unrestricted donations, Gift Aid clÈitns, and project Supp￿1) - £884k 12023". £511kl, Arts Council England National Portfolio funding - £208k 12023. £217kl, corporate donations £19k 12023". £16kl, legacies £7k 12023". £29kl, education partnerships - £115k 12023.. £128kl. and trusts and foundations £548k 12023.. £357kl. Total direct expenditure on fundraising events in the financial year totalled £33k12023.' £29kl. Income from charIta￿e activities increased to £1.644k from £1.363k in the prior year. refiecting the ￿ significant tours in 2023-2024. and an expansion in funding for the programme of edU￿tiOn work. EX￿n￿ltur• The group'5 total expendrture for the year was £3,739k, an inuease on Ihe prior year of £3.199k. Expenditure on ch8ritsble activities and on raising lunds for the financial year w85 £3,304k 8nd £435k respectively 12023.. £2.810k and £389kl. 01 the txpendilura on Charitablè activits"&s. 80% is attributabl8 to concèrt aetivitiès and 20Q/ts to education activilies12023.. 78Qh and 22%1. The cost of raising funds in the year is ccfflposed of direcl exp8ThJiiure of £33k. allocated stsff costs of £293k and allocated support costs of £109k Isee nole 6: 2023". £29k. £266k and £94k respectively). Funds At 30 Seplernber 2024 the group held lotal funds of £1.247k12023'. £1.174kl consisting ol restricted funds of £69k 12023.. £205kl and designated funds 01 £714k12023.' £749kl. Unrestricted general funds were £465k12023', £220kl. Restricted and designaled funds are predominantly composed of Ihe £660k designated reserve fund (see risk and re5erve5 section below,. 2023.. £660kl, desi9n8led ￿pital projects lund 1£24k,. 2023.. £49kl, fystricl•d ¢apit81 ftjnd 1£69k,. 2023.. £75kl and restrictad funds lor education acbvitsas ol £nil12023.. £130kl. The resulting net increase in total funds of £73k 12023.. £325k deueasel is in line with the Tmstees, objective of expending funds on charitable activities. while maintaining an appropriate levd ol reserves. This use of funds is consistent with the aim ol enhancing the Orchestra's reputation. so necessary for its lulure rnission. The unrestricted general funds as at 30 September 2024 01 £465k12023.' £220kl wll be spent to deliver the OAE'S ambitious Flans in 2024125 and beyond as il invesls lo deliver ils mission. Rlsk and Reserves The Trustees h8V8 identified the principal risk5 faong the Orch85tra, wth th8 most irnportant risks, the k8y 818tll8nts tsf the mitigationlmanagement strategy ftsr these nsks, listed in the table below".

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) TRUSTEES. ANNUAL REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Risk and Reserves l¢onlinuedl Uncertainty in economic oudook Review of 8dditronal st8ff and player support off8rings Review ol surplus cash management options Environmental impact of touring UFMlate OAE'S 8nvironm8nt p(Aicy 8nd 8nsur8 communicated to all stakehoklers Continue the annual carbon reportitYJ Consider 8lt8matives to 8ir-travd for European touring Fraud induding cY￿r fraud coM￿henSlve fraud resilience slrategy in place including anti- Iraud [￿licY Continu8 Staff Iraining and gngaggment De¢line in phil8nlhrL¥)i¢ gNing Strategic fundraising plan io increase number of donors and a broader'spread, of donors Over-reliance on key players, stsff and senior volunteers Maintsin open ¢tynmuni¢ation Structures Maintaining standards and CLintinuous development programme Robusl trials and auditions in operation Effecliv& SU￿$S1on planni professional These and other areas of risk are monilored by the Trustees and management team. and strategies are developed lo manage them as they are identified. As part of this process the potential financial impact of each risk is assessed and weighted according to its likelih<)od. TheTruslees' reserv95 policy is to hold sufficient reserve5 to cover this over311 level of ri8k, resulting in a currgnl requirement to hold £660,000 in reserv95. This amgunl 15 held in 8 dg5ign8ted reserve fund, enabling the organisation to lakè appropnale artisbc risks and plan confidenuy for the future. Golng Coneérn The ability to secure future domestic and international perfomiance may be impacted by several sources of uncertainly.. the extent ol economic uncertainty in the UK. with asscKialed inflats'onary increases and dedine in philanthropic generosity,. competitson in Ihe digital licensing market.. and the possibility of a decline in perforrnance standards. The Trustees have prepared projected cash flow infomalion, induding sensitivity analy5e$. These cash flows consider projected cash inflows from both eharitable actiwties, and grants 8nd donations. Duè tts their natur8, th8re ar8 inharènt uncèrtaintias with iagards to th8 valuè and timing of wcèipt of grnnts and donations. On the basis of this cash flow inforrnation, which (x)vers a p8ri(yJ olat leastone ye8r from the 8pproval of th8 Iin8nci81 statements, and the level of available reseNes and cash funds, the Truslees continue to adopt the going COn￿M basis of accounts'ng in preparing the annual finanaal ststements. Plans for future perlods In the 202412025 season the OAE has continued lo invest in recovery ol a full artist￿ schedule. The challenges of global econornic turbulence rernain signifiG4nt, but it is Ihe Orchestra's unanirnous ￿)MMItMent to r8spond with SU5t8ined activity. This implies a full artistic programme at the Swlhbank C8ntre.' Bruckn8r 5th Symphony with Adam Fischer, Baroquebust8r5 Wlth Julia Bullock, Complete Brandenburg Concertos, Beethoven Violin Concerto with Maxitn Emelyanychev and Vilde Frang. a cycle ol new commissions ins￿re￿ by the life and work of Fanny Mendelssohn, Bach St Matthew Passion, Magic Flute Community Opera. Mendelssohn aThJ Schumann with Andras Schiff. Elgar Sea Pictures and Enigma Variations with Dinis Souza. The Kiros Place residency has continued with another series of Bach, the Universe and Everything. Brandenburg c￿￿rt0S and Baroquebusters have toured widely across the UK including major regular partnerships in Manchester, Sheffield, Darlington. Sheffield, Basingstoke,

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) TRUSTEES. ANNUAL REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Plans for future periods l¢ontinuedl Saffron H811 and Malvem. Intemational touring has induded v8nues in the Uniled States, Denmark, Gemany, France, Austria, Switzerfand. The N8therfands. Belgium. Hungary and Romania. Work at Acland Burghley continu85 to enrich curricular and extra-curricular activity wth major flagship work including th8 internatiollal premiere of 'Breaking 8ach' renowned choreiyJrapher Kirn 8randstrup directing professional dancers and students from Acland 8ur9hley Schoc4. the OAE Education Community Opera at Southbank Centre and new work with Unit9 and Curved music on a projecl that connecis hamiony and light. Infornialion on fundraising practices The OAE is registered ￿th the Fundraising Regulator body and our Development department's work is to ensure a reliable financial platforrn for the delivery of the OAE s artists'c acbvity within their code of best practice. We have received no complaints via the Fundraising Regulat(, and we believe thal we CoM￿Y with the 8t8nd8rds set by the Fundraising Rggul8tor. Fundraising 8cliviliÈs are locus8111)n building funds by.. continuing to grow major donor support One￿ concerts and proi8cts', increasing annual individual membership income al Friend and Patron levels., retaining and increasing trust and foundation support for education and project work., retaining key corporale supporters.. cullivats'ng polential Sponsors 8t all levels lor cash and in-kind supwrt., using concerts and lundraising events to steward exisbng supporters and cults'vate new ones. All ol this aetlvity is monltorad and r8corde(l on tha OAE'S CRM system, T8ssitura, which it shar•s wlth tha Soulhbank Cèntre. We work dosely wth sènior volunteers to invdv& th&ir nelwoths in our work. Wa do not employ commeraal participators lo cary out any ol these activits￿ on our behalf. Two exlemal fundraising consultants are engaged lo support with gran¢ bid submissions and assoclated grant reports'ng. The OAE Developrnenl Team cultivales and manages relationships ￿th supporters and has robust procedures to protact vulnerablè paoplè and othèr mm￿r$ of thè public from bÈh8vitsur which is 8n unr8astsnablÈ intrusion on 8 rson's priv8cy, is unrèasonably pèrsistènt or placés unduè prèssurè on a parson to givè monay tsr othèr proparty. These pr¢Kedure$ are wdified in the OAE Priv8¢y Policy and include trdnsparency of communications and supporter rights around data handling.

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) TRUSTEES. ANNUAL REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 ststement of Trusteej. reJpon$ibili¢ies The Trustees (who are also the directors of the Orchestra for the purposes of Company lawl are responsible for pr8paring the Truste85' Report and the Iinancial statements in accordance with appliGqbl8 law and United Kingdorn Accounts'ng Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare finanual st2tements for each financial year. Under Company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and lair view ol the slate ol affairs ol the group and the Orchestra and of their 1￿MIng resources and application ol ￿sourCes. including their income and expenditure. for that period. In preparing these financial slalements. the Trustees are required to.. 5919Ct 5Ult8b19 8c¢ountin9 wAicies and then apply them consistenuy.. observe the methods and principles in the Charities SORP.. make judgments and 8c¢ounting estimates th81 are reasonable and prudenl.. prepare the financial slalernents on the going u)ncèm basis unless it is inappropriatè to presumé th8t thè charitable group will continue in operation. The Trustees are responsible lor keeping accthJnling records which disclose with reasonable accuracy at any lime the financial position ol the OAE and the group and vthich enable them to ensure that the financial statements comply with the Charities Act 2011 and the Sts¢ement of Recommended Practice "Accounts'ng and Reporting by Charities" which is applicable to charities preparing their accounts in accordance with the "Financial Reporting Standard applicable in Ihe United Kingdom and Republic of Ireland" IFRS 1021, second edits'on effective 1 January 2019. They arg also responsibl8 lor safeguarding Ihg assgts ol the OAE and thg group and hen¢e lor taking reasonable Steps lor tha pravèntion and datection of fraud and brèathès oflaw and regula1￿$. Audltors A resolution to re-appolnt Crowe U.K. LLP as tha Orchastrn's audiiors ￿11 be proposed at tha forthcomlng Annual General Meeting. Olsclosur• of Infomiatlon to audltors Each of the persons who are Truslees at Ihe bme when Ihis Trustees. Report is approved has confimied that.. $0 18r as thai Trustee is aware, there is no reltrvant audit infomwtion of whi¢h the ¢h8rit8ble group's auditors are LJnaw8re, and that Trustee has taken all the steps that ought lo have been taken as a Trustee in order to be aware of any relevant audit infomiation and to establish that the charitable group's auditors are aware of that inforrnation. In preparing this report. Ihe Trustees have laken advantsge of the small companies. exemptions provided by section 415A ol the Companies Act 2006. This report W8s approv8d by the Trustéès and signÈd on Ihoir bèhalf by.. Alison MeFady•n, Trusiè• 28 Jul 2025 Datè.. 10

INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF ORCHESTRA OF THE AGE OF ENLIGHTENMENT AND SUBSIDIARY UNDERTAKINGS FOR THE YEAR ENDED 30 SEPTEMBER2024 Opinion We have audited the financial statements of Orchestra of Ihe Age of Enlightenment I'the charitable company l and its subsidiary I'the group'l for the year ended 30 September 2024 which comprise the Consolidated Statement of Financial Activities, the Con501id8ted and Charity Balar￿e Sheets, the Consolidated and C8sh Flow Statements and notes to the financial statements, including signrficant accounting policies. The financial ieptsrting framework that has been applie¢J in th&r preparation is applicable law and United Kingdom Accounts"ng Standards, Including Financial ReFQrting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally A¢￿ple￿ ACC￿nting PraciKtl. In our opinion the financial statements.. give a true and fair view of the state of the group's and the charitable company s affairs as at 30 Sepiernber 2024 and of the group's income and expenditure. for the year ihen ended.. have been property prepared in accordance with United Kingdom Generally Accepted Accounting Pr8etiC8', and h8ve been prepared in 8ccordance with the requirernents of the Companies Act 2006. Basls lor oplnlon We eonducted our audit In accordance with Inlemational Standards on Auditing IUKI IISAS IUKII and applicabla law. Our responsibilities under those standards are further described in Ihe Auditor's responsibilities lor the audll ol the financial slalemenls section of our r6POrt. We are in¢Jependenl ol the group in accordance with the ethical requirernents that are relevant to our audit ol the financial statements in the UK. including the FRC'S Ethical Stsndard, and we have fulfilled our olher ethical ￿SponsIbl11bes in accordance wth these requirements. We believe that ¢tte audit evidence we have obtained is suffirient 8nd appropriate to provide a basis lor our opinion. Con¢luslons rglatlng to golng concern In auditing th8 financial s18tgrngnlS, w8 havè condude(I that lh8 I￿$t¢￿'S Use of Ihe going Can￿M basi$ of aeeounling in tha preparation of the financial statèments is appropriat•. Basod on tha woth wa h8vè parfomie(l. we have not ￿ents"fI•d any matarial unc&rtaints'8s r8latlng to wants or condits'ons that, indwidually ￿ collectively, may cast significant doubt on the charitable company's or the group's ability lo continue as a going concem for a per￿ ol at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilibes of Ihe Injslees with resFecl to gThng o)ncem are described in the relevanl 8eclions of Ihis rep￿1. (Xhgr Informatlon The trustees are respOnsi￿e for Ihe other information C￿laine{l wthin the 8nnual report. The other informats'on comprisès the information included in the annual report, other than th6 financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover thè other information and, except to the extent othe￿1$e expliatly stated in our report, we do ￿t eXp￿sS any fomi of assurance conclusion thereon. Our responsibility is lo read Ihe other information and. in doing so. consider whether the other information is materially inconsistent with Ihe finanaal slalemenls or our knowledge obtained in the audit or othetwise appears to be materially mi5Stated. If we identify such material inconsisiencies or apparent material rnisstaternenls, we are required lo determine whether this gives rise io a material misstatement in the financial stat8rnenis themselves. If, based on th8 work we have perfO￿ed, we condude that ther8 is a m81erial mi55t8tem8nt of thi5 Other information, we are required to report that fact. We have nothing to report in Ihis regard. 11

INDEPENDENT AUOITORS. REPORT TO THE MEMBERS OF ORCHESTRAOF THEAGE OF ENLIGHTENMENT AND SUBSIDIARY UNDERTAKINGS ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Opinions on other matters pres¢ribed by the Cornpanies Act 21)06 In our opinion based on the work undertaken in the course of our audit the inlomation given in the trustees, report, whi¢h indudes the dirertOfS' feport prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements,. and the directors. report included within the trustees. report have been prepared in accordance with 8ppli¢able legal r8quiremen¢s. Matters on which we are required lo ￿port by excepllon In light of the knowledge and understsnding of the group and chantable crynpany arKI their environment obtsined in the course of the audit, we have not identifigd material misstatements in the directors. report included within the trustees. report. We have nothing lo report in respect of thè following matters in rnlalion to which thè Companies Act 2006 requirès us lo report lo you il, in our opinion". adequate and proper accounting records have not been kept,. or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures ol Iruslees. remuneration speufied by 18w are not made.. or we have not received all the inlormalion and explanations we require for our audit.. or the Iruslees were not enlilled lo prepa￿ the financial statements in accordance with the small companies regime and take advaniage of the small companies. exemptions in preparing the trustees. annual report. R•8ponslbllltl•s ol trusté•s As explainad mora lully in thè truste&s' resF¥)nsibilili&s stal•mènt sat wt ￿ pag• 10, thè trustè&s (who arè also thè directors of the charitable company for the purposes of company lawl are ￿spOnSible for the preparation ol the f1nancial stalernents and for being Sa￿'$fIed that they give a true and fair view. and for such internal control as the Iruslee5 delerrnine 15 necessary to enable Ihe preparalK)n ol financial slalements that are free from rnaterial mi33talernent, whether due lo fraud or error. In preparing the financial statements. Ihe InJslee3 are resp)n$ible for assessing Ihe charitable company s ability to conlinLJe a5 a going concern, disd05ing, as applicab18. matt8rs related lo g(xng eoneem and using th8 going concèrn basis of accounting unless thè Iwstèès aithr int8nd to liquidatè thè charitablè company or to Ca8Sa operations, or have no realisb"c altemative bJt to do so. Audltorfs r•8ponslbllltles for the audlt of the flnanclal statements Our objectives are to obtain reasonable assurance at)ut whether the finanual statements as a whole are free from rnaterial misstatement. whether due to fraud or error. and lo issue an auditor's report thal includes our opinion. Reasonable assurance is a high level of a55urance, but 15 not a guarantee that an audit conducted in accordance wilh ISAS IUKI will always detecl a rnalerial mi5slalement when il exists. Misslalernenis can arise frorn fraud or rror and are considered material if, individually or in the aggr8gate, they could reasonably b8 8XP?cted to influèncè tho oeonomie decisions of users taken on the basis of Ihese finanaal statements. Details of the extent to which the audit was considered capable of detecting irregularitses, including fraud and non- compliance with laws and regulations are sel out below. A further description of our responsibilibes for Ihe audit of Ihe financial slalements is located on the Financial Reporting Council's website at: www Ir¢.or -ukl8udil(ursres onsibililies. This description forms part ol our audilorfs report. Extent to which the audit wa5 considered capable of detecting Irregularit￿5. including fraud Irr8gulariti85, inclLJding fraud, are instanc85 of non-COtnplk3nce with laws and re9ulation5. We identffi8d and a55es5ed the risks of material rnisstaternent of the finanaal ststements frorn irregularitie5, whether due to fraud or error, and discussed these between our audit team members. We then designed and perfomed audit procedures sponsive to those risks. induding obtaining audit evidence sufficient and appropriate lo provide a basis lor our opinion. 12

INDEPENDENT AUOITORS. REPORT TO THE MEMBERS OF ORCHESTRAOF THE AGE OF ENLIGHTENMENT AND SUBSIDIARY UNDERTAKINGS ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 W8 obtained an understanding of the legal and regulatw frameworks within which the charitable cornpany and group operat85, focusing on those laws and r8gul8tions Ihat have 8 direct eff8Ct on the d8t8rrnination of mat8rial aTnount5 and disclosures in the financial statements. The laws and regulations we considered in thi5 context were the Companies Act 2006, the Charities Act 2011, together with the Charities SORP IFRS1021. We assessed the required compliance with these laws and regulations as part of our audit procedures on the related finanaal statement iterns. In addition. we conshyered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fvndamenlal to Ihe charitable company s and the group s ability to operat8 or to avoid a material p8nalty. W8 also considered the opportunities and incentlV8S that may exist within thg charitab18 company and the group for fraud. The laws and regulation5 we considered in this context for the UK operations were health and safety legislation. taxali¢)n legisla1￿n, employment legiglats"on, and General Data Protection Regulation IGDPRI. Auditing standards limit the reqUI￿d audit procedures lo ￿entify Th)n-cc¥npliance with these laws and regulations to enquiry ol the Trustees and other management and inspection of regulatory and legal correspondence. il any. We identified the greatest risk of material impacl on the financial statements from irwularities. including fraud. to be within the timing ol recognition of income lin particular granl income. ticket sales. and performance fees). and the override of controls by management. Our audit pr(￿dureS to respond ¢0 these risks included enquirie3 of rn8nagement, and the Finance Cornrniltee abovl their own identification and assessment of the risks of irregularitiès, sample tasting on thè posting oljoumals, rèvièwing accounting •sts"matès lor biasès, rèvièwing regulatory eorrèspondanc wlh tha Chanty Commiss￿n, and readiThJ minutes ol meetin9s of those charged with governanca. Owing lo the inherent limitations ol an audit. there is an unavoidable risk Ihat we may not have detected some material misstatements in the financial slatemenls. even Ihough we have property planned and perfom)ed our audit in accordance with auditing standards. For example. the further removed non•compliance with laws and regulations lirregularitiesl is frorn the events and transactions reflected in the financi81 staternenls, the less likely the inherently limited prO￿dureS required by auditing slandards w)vld Klentify it. In addition, as with any audit. there remained 8 hlgher risk of non-d6t6etion ol irra9ularitiès. as th&sè may involvè collu￿On, forgèry, Intèntion81 omissions, misrepresentations, or the 0￿m¢ye of Int&rnal controls. We are not reswnsible lor p￿ventIng non-eomplianee and cannot be expected to d&t6Ct non-compllancè with all laws and rngulab"ons. U8• of our r•port This report is made solely to the charilable company s members. as a body. in accordan￿ with Chapter 3 01 Part 16 of the CcYnpanie3 Acl 2006. Our audil work has been undertaken so Ihat we might 5tste to the charitable ompany s members those rnatters we are required io slate to them in an avditor'5 report and for no other purpose. To the fullest extent permitted by law, w8 do not ac￿p1 or assume restxjnsibility to anyone other than the charit8b19 company and the eharitable company s members as a bcxjy and the charitable company's members as a body, lor our audit work, lor this report, or lor the opinions we hav& lom)6d. Jayne Rowe Senior Statutory Auditor For and on behalf of Crowe U.K. LLP Statutory Auditor London Date.. 28 july 2025 13

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENOED 30 SEPTEMBER 2024 UnrgStri¢tsd funds 2024 Restri¢t¢d fund5 2024 Total funds 2024 Totsl fund5 2023 Income frorn= Donations, grants 8nd 19gaci98 Chanlable activities 1.099,632 681,050 1.780,682 1,258,368 1.578.075 12.440 65,793 1.643,868 12,440 377,409 1,362,817 7.396 Investment income Other income 377.409 252.607 Totsl Incom? 3.067.556 746.843 3.814.399 2,881,188 Expendllure on: Raising ￿ndS Charitable activities 1431.2771 12,394,943) 12,826,220> 14,1071 IWJ8,8071 1912,9141 1435,3841 13.303,7501 13,739,134) 1389,3311 12,810,168) 13,199,499) Total 0x￿ndIt￿re Not Ineomé I l•xp•ndlturél 241,336 1166,0711 7S,26S 1318,3111 Transfer behveen funds 19 129,2961 29,296 Othèr r•cognlsèd galns I Ilossasl: (Lossesl I gains on revaluation ol fixed assets Effects ol foreign exchange ¢ontract movements 12 12,1CM)I 12,1001 18,OCK)I 680 Net movement In funds 209,940 1136,7751 73,165 1325,4311 Reconclllatjon of funds: Total funds brought forward 968,881 205,374 1,174,255 1,499,686 Net movement in funds 19 209,940 1136,7751 73,165 1325,4311 Total fvnds carrled fon¥ard 1,178.821 68,599 1,247.420 1,174,255 The Consolidated St8tem8nt of Financial Acltvitses includ85 all gains and losses r8cognTS8d in the year. The above ￿sUltS are from conts'nuing activities and there a￿ no other gains and losses except as stated above. The notes on pages 18 to 41 fom part of these finanaal slalements. 14

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) CONSOLIDATED BALANCE SHEET FOR THE YEAR ENDED 30 SEPTEMBER 2024 Note 2024 2023 Flxed assets Tangible assets 12 171.654 192,214 Current a5S8ts Dèbtors 14 1,146,243 1,003,699 Cash al bank and in hand 553.447 495,020 1,699,690 1.498,719 Cr8dilors'. amounts 1811ing due wilhin on& e8r 15 1623,924 1516.6781 N?t currgnt assots 1.075,766 982,041 Net assets 1,247,420 1,174,255 Charlty lund• Restricted funds 19 68.599 205,374 Unreslricled lund$ 19 1,178.821 968,861 Total funds 1,247,420 1,174,255 The financial statements have been prepared in accordance wth the prowsions applicable to 6nts'ti6s subject to the small companias, mgima. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Allson M¢Fadyen, Trustee 28 Jul 2025 Date.. The notes on p8g8s 18 to 41 form part of thes8 financial slalements. 15

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) CHARITY BALANCE SHEET FOR THE YEAR ENDED 30 SEPTEMBER 2024 Note 2024 2023 Flxed assets Tangible assets Investments 12 171.654 192,214 13 100 100 171,754 192,314 Current assets Debtors 14 1.297.901 1.062.917 Cash al b8nk and in hand 417,469 449,797 1,715,370 1.512,714 Creditors.. arnounts f811ing due wilhin one ear 15 {668,178 1560,7531 Net Gurr•nt as80ts 1.047,192 951,961 Ntt assèts 1.218.946 1,144.275 Charlty funds Restricted funds 19 68.599 205,374 Unrestricted funds 19 1,150,347 938,901 Total funds 1.218.946 1,144,275 The financial statements have been prepared in accordance with the provisions applicable io enb'ties subjec¢ to the srnall companies, regirne. The Charity has t8kgn 8dv8nt8ge ol lh8 ex8mption undèr séetion 408 of the Ctsrnpani8g Act 2006 and hag not presented its own Staternent ol Financial Activities in these financial 5tat8ments. The surplus of the parent Charity for the year was £74.671 12023. deficit of Ihe pa￿nt chanty was £330,688). The financial statements were approved and aulhorised lor issue by ihe Trustees and signed on their behalf by.. 3+ Allson McFadyen, Trustee 28 Jul 2025 Date.. The notes on pages 18 to 41 form part of thes8 financial 51alem8nts. 16

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Note 2024 2023 Cash flows from operatlng a¢￿vItIeS Net cash provided by I (used inl operating activities 23 83,319 1714,9031 Cash flows from Inv85tlng actlvltles Dividends, interest and rent from invesiments Purchase of tangible fixed assets Net cash used in Investing activitle¥ 12,440 137.3321 124.8921 7,396 177.8211 170.4251 Chango In cash and cash equlval•nts In tho y•ar Cash and cash equivalents at Ihe beginning of the year Cash and eash •qulvalènts at thè ènd ol th• yèar 58,427 1785,3281 1,280,348 495.020 24 553.447 495,020 Th¥ notgs on pages 18 to 41 lom part of th$$e finan¢ial statements. 11

OAE Productions is exempt from the requirements of the Companies Act 2006 relating to the audit of the individual accounts by virtue of section 479A of this act.

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 2. Accounting policies Iconlinued) 1.4 In¢ome All income is ￿e0gniSed On￿ the Charity has enb"Uement lo the income. it is probable that the income will be received, and the amounl ol income receivable can be measU￿d reliably. Income tax recoverable in relation to inveslmenl income is recognised at the time the investment income is receivable. Other income is re¢ognised in the pwiod in which it is ￿￿1Vable and to the extent the goods have been provided or on completion of Ihe Service. Donationty Donations recèlved with Smwsed restrictsons afe dassth•d as restrict￿ funds. Donations in kind are valued and included in income tothe extent that they represent goods or services which would otherwise be purchased. The valuation is based on what a third party would pay for the goods or seryices. An equivalent amounl is charged as expenditu￿. Income and the corresponding expense are recognised in lh8 year Ihal the gc)ds or S&r¥Ic￿ are received14Jsed. Grants rec•lvablg Revenug grants are {Y￿lted 8$ ir￿rne when they are receivablg provided ¢ondition$ for receipt have baèn complied wilh. During the year the 9rtsup ree8ivèd a £207,656 National Portfolio Organisation grant from the Arts Council England12023." £216.8221. In accordance wth our accounting policy thls cre(Jil is indude(J in Incomè from donaljons and legaci&s wlhin the Income Statement ovar the sama period as the expen¢Jilur6 on charitable acts"vilies Ihat are bein9 funded by tha 9ranls. Logacl•8 Legacy gift5 are recognised on a case-by-case basis when the charity 18 notrfied and when the value and entitlern8nt Ol th8 le9aey is known with rèasonable cèrtainty. Oreh•itra Tax Rèll•f Oreh6str8 Tax Rèliaf is fecognisèd in the period in which qualifwng eX￿ndItUr& is rècognisad. In 2024, accrued income includes £522.379 in relation to (he OTR daims for the years ende(J 30 September 2023 and 30 September 202412023: £203.703 for the year ended 30 Seplember 20231. Charftable tradlng actlvlUe$ Ch8rit8ble trading activiligs represgnls incryne received Irorn live and recorded music31 performances, including concerts, recordings and broadGqSts over various m8dia. The inwmg is recognised on thg completion of the perforvnance or, in the case of rtsyalb"es. vthen receivable. Other trading adivities rep￿sents income received from fundraising events, membership subscriptions and sales of merchandise. The income is recognised when receivable. Interest recelvable Interest on funds hdd on depositis included vthen re(ivable and the amount can be measured reliably by th8 Charity., this is normally upon notification of the interest paid or payable by th8 Bank. Investrnent income Investment itKome. gains aThJ losses are allocated to the appropriate fund. 19

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 1. Accounting policies Iconlinued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive 0￿19allOn lo transfer economic benefit to a third party, il is probable that a transfer ol economic benefits wll be required in setUement and the amount ol the obligation can be measured reliably. Expenditu￿ is classified by activity. The costs ol each activity are made up olthe iotal of direct costs and shared costs. including support costs involved in undertaking each acbvity. Direcl costs at¢ributsble to a single activity are allocatsd directly to that activity. Shared costs which contribute to more than one activity and support costs which are not 8ttribut8ble to 8 single actsvity are 8pwrboned between those actNitie5 on a b8SIs consistent with the U58 of r850urcgS. Costs ol raising funds am those incurr811 in s8ekin9 voluntary contributs"c•)s and do not include thè costs ol ¢Jisseminabng inlomialion in support of the chanlable acts"vilies. Support costs are those costs incurred directly in support ol expenditure on Ihe objects ol the Charity and include project management costs. Governance costs are those incurred in connection wth administration of the Charity and c#)mpliance with constitutional and statutory requirements. Expenditure on raising lunds indudes all expgn(Jilure i￿VrTed by the Group to r8isg funds lor 115 charitable purposes and include5 cosls of all fundraising actsvibes events and non-charitable trading. Expèndituw on ¢h8ri18blè activities 1$ Incuff￿ on dire¢tly undtrrtaking tho a¢tivili&s whi¢h furth&r th$ Group's obl6ctivès. as well as any associat￿ supporl costs. Grant making chantablè aclivity expenditur• ralatas to grants to tha Orchèstra of tha Aga of Enlightenment Tnjsl I"OAE Trusl") and Ihe OAE Benevolent Fund. 1.6 Fund accountlng General lunds are unrestrided funds which are available for use at Ihe discretion of the Trustees in lurthèranc& of th$ gèneral objocbvas ol tho Group and whi¢h havè not bèan d&signatÈd for tsthar purposes. Designated funds comprise Un￿StriCted funds that have been set aside by th& Trustees for particular purposes. The aim and use of each designaled fund is set oul in the notes lo the financial statements. Restricted funds a￿ funds which are lo be useLI in a￿rdance with speafic restrictions irnposed by donors, or which have been raised by the Group for particular purposes. The costs of raising and adminisiering such hjnds are charged 898inst ihg specific fiJrKI. The aim and use of each restri￿ed fund a￿ set out in thg notes to the financial st8ternents. 1.7 Operatlng lea￿5 Rentals paid under operating leases are charged to the Consolidated Siatementof Finanaal Activities on a straight-line basis over the lease iemi_ 20

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 1. Accounting policies Iconlinued) 1.8 Tongible fixed assets and dep￿1¥tion Tangible fixed assets costing £500 or more are capitalised and ￿cogniSed when future economic benefits are probable, and the cosl or value ol the asset can be measured reliably. Tangible f xed assets a￿ initsally recognised at cmt. After ￿cOgni￿on. under the cost rnodel. tangible fixed assets are measured al cosl less accumulated depreciation and any accumulated irnpairment losses. ￿1 costs incurred to bring a tsngible r￿ed assel inlo its inlended working condition are induded in thg mea5urernent of c05t. A review for impaiment of a fixed asset is carried rf events or changes in circumstances ind1cate that the carrying value ol any fixeil asset may not bè recoverable. Shortfalls between the carrying value ol fixed assets and their recoverable amounts arè r*cognis8d as impaimi•nts. Impaimènt loss&s are recognised in the Stalem8nl of Financial Activities. Depreciation is charged so as to allocate the cost ol langible fixed assets less their residual value over their estimated useful lives. using the $tr8igh¢-line method. Oepreci8tion is provKled on the following bases- Long-term leasehold property Office equipmenl Computèr èquipment - over 5 years - over 4 yea - ovèr 5 yèa The Charity has adopled a revaluation policy in regard to its music81 instruments. The Charity will review Ihe value of the assels regularfy to ensiire thal the carying arnount does nol differ materially from th81 which would be delerrnined using fair value al the end of Ihe reporting period. No depreciats'on is ¢hargad on musi¢al in$trum¢nts as the &xp8dod r¥$idual valua will bè èqual tts valuats"on. 1.9 Inv•8tm•nts Investmenl in Ihe subsidiary is valued at cosl less FKovision for impaimRnl. 1.10 Debtor¥ Trado and other dabtors arn recognised at Ihe settlem&nl amcwjnt aft&r any trad6 discount offered. Prepayments aro valued at Ihe amount prèpaid net of any trade discounts due. 1.11 Cash at I￿nk and In hand Cash at bank and in hand includes cash and short-iemi highly liquid investments with a short Maturity of three months or less from the dale ol acquisilion or opening of the deposit or similar aa￿unt. 21

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 1. Accounting policies Iconlinued) 1.12 Liabilities Liabilities are ￿COgniSed when Ihere is an obligabon al the Balance Sheet date as a ￿SuIt ol a past event, it is probable that a transfer ol economic benefit will be required in seltlemenl, and the amount of the selllement can be estimated reliably. Liabilities are ￿COgnised al the amount that the Charity anticipates it will pay to selue the debt or the amount rt has received as advanced payrnents for the goods or services il must provide. 1.13 Flnan¢lal In$trurn•nts Th* charity's basic financial instruments afe inits.ally r8eognis•d at transaction valuè and subsèquèntly mèasurad at Ihalr sèttlèment valu&. 1.14 For•lgn curr•ncl•s Monelary assets and li8bilitigs dgnorninated in loreign ￿rrenc1&S artr translated into sterling at rates of exchange ruling at Ihe balance sheel date. Traftsaetion$ in loffjign ¢urr&n¢ios are tran$l8t¢d into $torling al the r81& ruling on th¥ date of th$ transaction. Exchang6 gains and loss&s are recognised in lh& Statamènt of Financial AclVIt￿. 1.15 P•nslon• Th$ Group ¢ontribut&$ to a dgfinod contribution ponsion ￿hOM$ managod by Avwa, and thg p¥n$ion ch8r9e represen13 the amounls payable by Ihe Group to the 3theme in respect of the year. 1.16 Crltleal Estimatè8 and ar•a8 of Slgnrfleant Judg•mént In the application of the Charity's accountsng policies. Trus¢ees are required to make judgements, estimates and assumplions about the carrying values of assels and liabilities that are not readily apparent from other sources. The eslimates and undertyiThJ assumptions are based on historical eKperien¢e and other faciors that are considered tg be relevant. Actual results may differ fro)m these 8Stim8les. The estirn8tes and underfying assumptiijns are reviewed on an ongoing basis. In tho view of the Trusleès, no assumpb'ons c£￿e&m1n9 the lulum or trstim8ts.tsn uncèrtainty 8ffeeting assets and liabilities at thè Balance Sheet date are likely to wsull in a material adjustm6nt to their carrying amounts in the nexl finanaal year. Key sources of estima1￿ uncertainty Ihat have a significant effect on the accounts are.. Depreciation Value of donated gcM)ds aThJ seThices Valuation of instruments Please refer to the relevant a(xounling policy notes atKJve ts more infomi8tion.

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 2. Income from donations, grants and legacies Current year Unrestricted fund5 2024 Restricted funds 2024 Total fund5 2024 Arts Council England (National Portfolio) Corpor8t8 donation5 Education partner funding Gift Aid 207.656 207.656 8,775 10,000 18,775 16,933 97.851 114,784 56,857 732.411 56,857 827.509 Individual donations 95.098 Legacies Orehastra of thè Age ol Enlightènmènt Tru$t Trusts & Foundations grants and donations Total 2024 7.000 123,138 354.983 123,138 424,963 70,000 1.099,632 681.050 1.780,682 Grants and donations from Twusls & Foundations in Ihe year ended 30 Sepiember 2024 includes support from the lollowing org8ni$ation$'. Big Givè Foundation Cevian Capital Cockayne Founda11￿) Dreamchasing Garfield Weston Fovndalion John Arrnil898 Ch8ritabl& Twst John Lyon's Charity Mark Allen Foundation Paul Hamlyn Foundation Peler Cundill Fovndalion Skyrme Hart Charitable Trust The Albert and Eugenie Frost Music Trust The BriNord Bridge Trust The Chadtss Peol Charitabla Trust The De Laszlo Foundabon The John Thaw Foundation The Linbury Trust The Vemon Ellis F￿ndal￿n The Weinsiock Fund 23

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Income from donations. grants and le9acies (continued) Prior year Unrestrlcted lunds 2024 Restrfcted funds 2024 Total funds 2024 Arts Council England (National Portfolio) Corporatg don8tion5 Education partner funding Gift Aid 216.822 216.822 3,000 124,768 127,788 84,395 84,395 Gift in Kind 13.103 13,103 426,452 Individual donations 348.118 78.334 Legacies Orch8Stra of thè Age ol Enlightenmènt Trust Trusts & Foundations grants and donations Total 2023 29,408 29,408 42,000 251.000 42,000 315,400 64,400 762,246 496.122 1.258,368 Grants and don81ion$ from Tw$l$ & Foundation$ in th& y¢ar en¢J&d 30 Sgpl$mbor 2023 in¢lud¥$ support from the following organisations.. Apax Foundation D￿8M¢h8￿1n9 Foyle Foundati Linbury Trust Ling Ch8riiabl& Trusl Mark Allen Foundation Skyme Hart Charitable Trusl The 29th May 1961 Charilable Trust The Brian Mitchell Chari(able Tnjst The Brilford Bridge Trusl The Chadès Peel Charitable Trust The De Laszlo Foundalion The Vemon Elli5 Foundation Worshipful Company ol Vintners 24

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Income from charitable activities Unrestrlcted fund5 2024 Restrfcted funds 2024 Total funds 2024 Concerts 1.572.412 65.793 1,638.205 Education81 activities 5.663 5,663 Total 2024 1.578,075 65,793 1,643,868 Unr•strlcted fvnd$ 2023 Re$trlct•d fvnds 2023 Total fundB 2023 Concerts 1,314.944 31,801 1,346,745 Educational activities 16.072 16.072 Total 2023 1.331,016 31.801 1.362,817 4. Inv•stment Incom• Total funds 2024 Total funds 2023 Bank interest receivable 12,440 7,396 The 2024 arnount consists solely of unreslricted ir￿e12023'. amount o)nsisb solely of unreslricled income). 5. Other In¢om¢ Total funds 2024 Total funds 2023 Fundraising events Orchestra Tax Relief 10.492 11,232 318.676 203,703 Other income 48,241 37,672 Total 377,409 252,607 The 2024 arnount consists soldy of unrestricted income12023'. am(xJnt consists %Aely of unrestricted incotnel. 25

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Expenditure on rai¥ing funds Unrestricted funds 2024 Re$trfct8d funds 2024 Total funds 2024 Total funds 2023 General expenditure on raising funds 30.325 2,215 32,540 29.020 Support costs - office rent and rates 27.287 27.287 18,010 Support costs- office facilities 12.334 12.334 26.438 Support Costs- general administrative costs 31,028 31,028 17,191 Support C03ts- profe83ional and leg81 fees Support costs . audit and accountancy lees Support Costs - bank ch8rgèS and finance costs 1,508 1.508 2,717 8,556 8,350 3,574 3,S74 822 Support cost$- depreciation and rev8lLJ8tion 13.651 1.769 15,420 12,635 Support costs- governance costs 9.985 123 10.108 7,780 Support costs - Wagès, salari9$ and pènsion Contributions Support costs - Social Security CO81 17,374 17,374 14,722 1,605 1,605 1,321 Wages and salaries 239.509 239,509 215.014 Soclal Security costs 23.178 23,178 20,618 Pension cost8 11.363 11,363 14,693 Total 431,277 4.107 435,384 389,331 The 2024 arnounl consists ol both reslricled and unreslricted expendilure12023: amounl consists solely of unrestricted expenditurel. 26

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Analysis of expenditure on Charitsble activiti Summary by fund type Unrestricted funds 2024 Restricted funds 2024 Total fund5 2024 Concerts 2.357.605 272.049 2.629.654 Education818Ctiviti8s 27.336 636,758 664,096 Grant making 10.OCM) 10,000 Total 2024 2,394,943 908.807 3,303,750 Unr•strlet•d fund5 2023 R•8trletÈd funds 2023 Total fund$ 2023 Concerts 2,C4)1,349 184,775 2,186,124 Edu¢alion318¢tivthe$ 295,404 325,096 620,500 Grant making Total 2023 3.544 3,544 2.300,297 $09.871 2,810,168 Summary by •xp•ndltur• typ• Staff eo#t# 2024 Oth•r e05ts 2024 Totsl fund8 2024 Concerts 472,512 2.157,142 2,629,654 Educational aclivthes 226,001 438,095 664,096 Grant making Total 2024 10,000 10,000 698,513 2,605.237 3,303,750 staff costs 2023 other costs 2023 Total fund¥ 2023 Concerts 415.344 1.733.649 2.148,993 Educational activthes 202.903 454.728 657.631 Grant making Total 2023 3,544 618,247 2,191,921 2,810,168 21

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Analysis of expenditure by a¢ti¥i¢ies Activrtles und8rtak8n dirèctly 2024 Support Costs 2024 Total funds 2024 Concerts 2.421.969 207.685 2.629.654 Education81 activitiès 564,762 99,334 664,096 Grant making Total 2024 10,0 10,000 2.996,731 307.019 3,303,750 Aetlvhl•• und•rtak•n dlr•ctly 2023 Support costs 2023 Total funds 2023 Concerts 1,966,502 182,492 2,146,994 Edu¢ation81 a¢tivth&$ 568,480 89,150 657,630 3,544 Grant making Total 2023 2.538,526 271.642 2,810,168 Analysls of support eosts Totsl funds 2024 Conc•rts 2024 Educatlon 2024 W8ges and salarie Office rent and ratès 30,605 44,001 19,889 50,033 2,432 14,638 45,243 21,045 9,513 23,930 1.163 65,046 29,402 73,963 3,595 Office facilities General administrative costs Professional and legal fees Audit and Accountancy f8es Bank charges and finance costs Oepreciation and revaluation Governance costs 13,797 6,599 20,396 5,763 24.866 2,757 11,893 8,520 36,759 16.299 7.796 24.095 Total 2024 207.685 99.334 307.019 28

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Analysis of expenditure by a¢tivities (continued) Analysis of support costs Icontsnu•dl Total fund5 2023 Concorts Education 2023 2023 Wages and salaries Office r8nt and rates 26.619 13.004 39.623 29,883 14,598 44,481 Office laciliti8s 43,866 21,429 65,295 General administrative costs 28.524 13,935 2.202 42,459 6,710 20,623 Professional and legal fees Audit and Accountancy lees Bank eharg¥$ and fin8n¢& ¢¢￿t$ Daprèciation 8n¢J révaluation Governanc6 eosts 13.855 6.768 2,030 31,207 20,965 10,242 12.908 6,306 19,214 Total 2023 182,492 89.150 271,842 Support costs 8lloealed to costs of raising lunt1s totalled £109,81 $12023.. £109,986). Total support eosts for tha year were £371,S9112023'. £381.6281. Support costs included wlhin charitable acbvi¢y costs in 2024 lolalled £261.776 12023.. £271.6421 of which £177.08012023'. £182,4921 was allocated to concerts and £84.69612023.' £89.1501 lo edu¢ats'onal acts'wlies. Support costs h8ve begn alltscat￿ al p9reentage rates of 29% (Fundraising ¢ostsl, 48% (Concerts) and 23% IEducation81 aetivitièsl, which is eon&stènt wilh thè of Ihè rèsourcès 12023.. 29%. 48%, 8nd 23Oh respectivelyl. Total depreciation for the year ended 30 September 2024 was £55.79212023.' £46,651). g. Audltors. romun•ratSon 2024 2023 Fees payablè to the Ch8rity's auditor ft)r thè 8udit of th$ Charity's annu81 accounts 24,000 37,570 Fees payable to the Charity's auditor in respect of.. All non-audil services not included above 4,000 7.220

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 10. Staff costs Group 2024 Group 2023 Charlty 2024 Charlty 2023 Wages and salaries Social security costs Contribution to defined contribution pension schemes Freèlance individuals ,087 83.862 712,535 76,124 790,087 83,862 712,535 76,124 41.111 50,501 41.111 50,501 76,482 73,468 76,482 73,468 Total staff costs 991,S42 912,628 991,542 912,628 Tot815t8ff costs of £991,54212023.. £868,572) have tr￿n allorAl8d to ¢osts of rdising vduntary incomo Z293,02912023.. £250,32518nd lo ¢haiit8blè *tivitièS t698,51312023.. £618,247). The average number ol persons employed by the Charity duriThJ the year was as lollows.. Group 2024 No. Group 2023 No. Fundraising Management and administrattve staff Total 14 15 18 19 Thè numbèr ol •m￿oYs&S whosè èmployeè b8nèfits18xcluding 8mployèr pansion eostsl èxe8￿8d £60,000 was.. Group 2024 No. Group 2023 No. In the band £60,001- £70,th)0 In the band £70,001- £80,￿0 In the band £80,001- £90.CiIO In the band £90,001 - £100.000 In the band £100,001 - £110,0 Freelan￿ individuals are engaged by the charity from time lo time to provide assisiance wth projects. They are sellemployed and a￿ not included in average slaff numbers. 11. Directors and Key Management Personnel remuneration Key managetnent personnel for the Group and for the Charity are the sarne and have been determin8d to be the Senior Management Team. See page 3 for a list ol members ofthe Senior Management Team.

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 11. Directors and Key Management Personnel remunerntion {continuedl Group 2024 Group 2023 Remuneration 500.770 534,677 No other ￿Muneration. apart from as disclosed in nole 22. was received by a director or ￿nnected party during the ye8r12023.' £nill. No expenses12023: £nill were ￿1mbu[sed lo any directors during the year. The Articles ol Association ol the Ofchestra ￿mIll the Dirèdots to ￿ctIvÈ femunerats.on for certain serviees, which overrides the ￿StriCtIon in th• Chanlies Acl 2011. All such services are paid at rates in line wth or below those which would be paid to an indep8ndenl supplier for lfv)se ServicA￿. 12. Tanglble flxed ass•ts Group tsnglble Ilxed as$et• Long4èm l•as•hold Offie• Comput•r prop•Trty •qulpm•nt •qulpm•nt Instrum•nt8 As8•t8 und•r constructlon Total Cost or valuatlon At 1 October 2023 123,083 108,768 32.307 48.850 30,281 343,289 Additions 2,615 22.034 12,199 37,332 Transfer from assets under construction 42,480 142,4801 Revaluation adjustment 12,1CK)I 12,1001 At 30 September 2024 168,178 130,802 32,791 46,750 378,521 O•preclatlon At 1 October 2023 73,281 54.542 23.252 151,075 Charge for the year 27,282 24,922 3,588 55,792 At 30 S•pt•mb•r 2024 100,563 79,464 206,867 N•t book valu• At 30 September 2024 67,61S 51.338 5,951 46,750 171,654 At 30 September 2023 49,802 54,226 9.055 48,850 30,281 192,214 31

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 12. Tangible fixed assets l¢ontinuedl Charity tangible fixed assets Long4erm l•as•hold Offieè Computtr pro￿rtY •qulpm•nt 8qulpm•nt Instrum•nt8 Assets und•r Constructlon Total Cost or valuatlon At 1 October 2023 123.083 108.768 32.307 48.850 30,281 343,289 Additions 2.615 22.034 12,199 37,332 Transfer from assets under construction 42.480 142.4801 Revalual'on adjuslmenl 12.1CK)I 12,1001 At 30 Sgplgmbgr 2024 168.178 130.802 32.791 46.750 378.521 O•pr•clatlon At 1 October 2023 73,281 54,542 23,252 151,075 Charg$ lor th¢ ￿Or 27.282 24.922 55,792 At 30 S•pt•mber 2024 100,563 79,464 206,867 N•t book valu• At 30 S•ptombor 2024 67.615 51,338 S,951 46,750 171,654 At 30 September 2023 49,802 54,226 9,055 48,850 30,281 192,214 Group and Chartty The office equipment and computerequipmenl is used in the administration of the charitable companys actimties. Addition5 to and transfers from assets under co￿truC110n con5iSted of the Ix)nstnJ¢tion of 8 new storage facility. In respect of assets stated at valuation, the keyboards were valued at a current market value of £38,00012023." £40,000), and the piccolo was valued at a current market value of £1.25012023.' £1,350). The Trustees are not aware of any other material changes since the last valuation. 32

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 13. Fixed assgt inve$tments Cost or valuatlon Nèt book valu• Investments Sn subsldlary companSes At 30 September 2024 100 100 At 30 September 2023 100 100 The Charity owns 100 /0 of the ordinary share capital of OAE Productions Ltd (Company number.. 09789990 and registered office.. Adand Burghley School. 93 Burghley Fioad. London. NWS 1UHI. The financial results for the year ended 30 September 2024 ￿re.. L055 after tsx rellof Aggr8gat8 capltal and rèserve$ Tumovèr Expondltur• OAE Productions Ltd 850 2.355 1,505 28,574 The financial results for the year ended 30 September 2023 ￿re.. Profft after tax r•ll•f Aggr8g8t8 eapltal and r•8•rv•s Turnovèr Ex￿ndItur• OAE Productions Ltd 21,183 14,276 6,9)7 30,079 14. D•btor8 Group 2024 Group 2023 Chartty 2024 Charlty 2023 Due wlthln on? year Trade deblors 305,517 319,433 305,517 319.433 Amounts owed by group undertakings Other debtors 151,658 151.182 1,579 316.768 129,753 258.846 1,579 316.768 129,753 258.846 Prepayments and accrued income Tax recoverable 522.379 295.667 522.379 203.703 Totsl 1.146,243 1.003,699 1,297,901 1,062,917 33

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 15. Cr¢ditors= amounts falling due within one year Group 2024 Group 2023 Charity 2024 Charity 2023 Trade creditors 175.724 103,597 111.385 173,478 111.182 103,597 111.385 Other taxation and social security Amounts owed to group und8rtakingS Amounts owed to associate 111.182 48,000 48,000 69,713 44,076 69,713 44,076 Other creditors 12.979 11,435 246.185 12,979 252.826 11,435 242.260 Accruals and deferred incom8 254.326 Total 623.924 516.678 668.178 560.753 D•f•rred Incom• Deferred income relates to cOn￿rt ticket Ir￿Me which h85 been received in advance. and to grants spanning the year end for which the corresponding aclivity has nol yet occurred. Deferred inwme brought forward was £150k of which £146k was released and additional deferred incryne recognised of £106k in 2023124. 16. Flnanclal In8trum•nt• Group 2024 Group 2023 Charlty 2024 Charlty 2023 Flnanclal ¥sJg1s Financial assets measurnd at fair Val￿ through income and expenditu Fin8nei818SSats maasurtd at amrtise(I cost 484.924 641,166 636,582 792.348 Total finan¢ial a¥¥ets 484.924 641.16fj 636.582 792,348 Flnan¢5al Ilabill¢ies Financial liabilrties meaSU￿d at fair value through income and expenditu Financial liabil￿e5 measured at amortised cost 1378.9221 1255,0591 1423,1761 1299,1341 Total financial liabilities (378.922) {255.0591 1423.1761 1299.1341

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 16. Financial in5trum8nts Icontinued} Finan¢i81 assets measured at amortised cost comprisg of trade debtors, arnounts owed by group undertakings, accrued inctsrne and other debtors. Financial liabilities measured al amortised cost o)mprised ol trade C￿llOrS. amounts owed io group undertakings. amounts owed to asswates. accruals and other creditors. 17. P8n51on commltments Th8 group contribut8s io a d8fin8d contribulion pension The assets of th8 sch8me ar8 held s&parat&ly from those tsf the group in an independently administered fund. The pen*on cost charge represents contributions payable by the group to the fund and amounted lo £40.63112023". £50.5011. No outstanding conlributions12023'. nil) were payable to the fund at Ihe balance she81 date. 18. Opgrallng 190ty9 commltmgnts AI 30 September 2024 the Group and the Charity had ￿mmItMents to make future minimurn le859 payments undèr non-c8neèllablg 0￿ratIng lèases as I￿loWS.. Land and bulldlngs 2024 Oth•r assets 2024 Total 2024 Group ond Ch¥rlty Not later than one year Later than one year and not later than five years Total 62,315 46.736 3,789 2.289 66,104 49,025 109.051 6,078 115.129 Land and bulldlngs 2023 Other assets 2023 Total 2023 Group and Charlty Not later than one year Later than one year and not later than five years Total 55,0 110,0(YJ 4.052 59,052 116,720 6,720 165,000 10,772 175,772 Lease paym8nt5 reeognised as an expense in th8 year tolall8d £68.43812023.. £49,967). 35

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 19. Statement of fund$ Currgnt year Balan¢• at 1 October 2023 Balanc• at 30 September 2024 Transfers In I lout) Losses Income Expendlture Unre5trlctad D•slgnat•d funds Revaluation reserve 21.317 12.1(KJl 19.217 Reserve fund 660.000 660.000 C8PIt81 project fund Education fund 48,665 125,1141 17.4631 23.551 19,OLN) 11,537 Total d•slgnat•d r•8orves 748.982 132,S771 12,1001 714,305 Ggnor•l funds Gengral fvnd$ 219,899 3.￿7,556 12.793,8431 129,2961 464,516 Total unr•strfcted funds 968.881 3,067,556 12,826.2201 {29.2961 12,1001 1,178,821 R•strlct•d funds Concert activities 241.918 (271,2141 1635,2991 16,4011 1912,9141 29,296 Education projects Capital fund Total r•strlct•d funds 130,374 504,925 75,OCK) 68,599 205,374 746,843 29,296 68,599 Total funds 1,174,255 3,814,399 13,739,134) 12,1001 1,247,420

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 19. Statement of funds (continued) Prior year Balancè at 1 October 2022 Balane• at 30 September 2023 Transfers Galns I In I loutl 1108sesl Income Expendlture Unrestrlcted Dèslgnatèd funds Revaluation reseNe 29.317 18,0001 21.317 Reserve fund 660.000 660.000 C8Pltal project fund Education fund 72.997 {24,3321 48.665 19.O¢X) 19,000 Totsl d•slgnat•d res•rve8 781,314 {24,3321 18,0001 748,982 Ggneral funds G8n6r81 lund$ 569,738 2,353,265 12,665,2￿) 137,8081 219,899 Totsl unrestrlcted fvnds 1,351,052 2,353,265 12,689,628) 137,8081 18.0001 968,881 R•8trlct•d funds Concert aclivilies 59,OC 89.634 49.956 1147.6441 1362,2271 37.808 880 Educats'on projects C8PIt81 lund Total rostrlet•d funds 402.967 130,374 75,IK)O 75.000 148,e34 S27,923 1509,8711 37,808 880 205,374 Total funds 1.499.686 2.881.188 13.199.499} 17.1201 1.174.255 De$lgnated Fund¥= These (x)mpri5e 8mountswhith the tharity h85 Set 8side forthe following sp8cific purposes.. Revaluation reserve." The revaluation ￿SeNe was created by the revaluats.on of instruments in 2002 at open market value by various members of the orchestra. d1￿CtOrS and employees familiar with market values of the instruments in questson. This reserye is increased I decreased when the instruments a￿ revalued. Reserve lund.. Funds held to (x)v8r th8 ar￿￿￿t identtfied in charity's r858rv85 Oicy 5tat8ment. C8Pit81 project fund.. Fund5 held relating to the office leasehold improvements. Thi5 fund will reduce by th8 valu8 of annual depreciation charge for leasehold improvements over Ihe next four years. Education fund.. Funds set aside for future education projects indudiThJ the ABS educational projects and the cornmeraal educational pilot. 31

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 19. Statement of funds (continued) Restrict￿ Fund$: Thgse comprise donations r￿81¥811 ft)r Ihe SPeCAfic projects that the charitable company adrninisters. These are as follows.. Concert activities.. To support specific fve or recorded perforn)an￿. Education projects.. To SUPF¥)rt the chanty's education and outreach th. Capital fijnds.. To sUPPOrt SP8cific capital improvements at ABS to promote improved player wellb8ing and to enhance performances, such as the purchase ol swaalised rehearsal equipment and the storage thereof. The balance of unrestricled ￿ndS in the Charity's balance sheet is E1,150,34712023'. £938.9011. 20. Fund transfers Expenditure during the year on concert aclivilies and educalion projects which were parly fun(Jed by re8lricied inc0rn8 8XCe8d8d that incom8 by £29,296 and £nil12023'. expendilure on wncert 8ctivits.es 8nd 8duc81iori projec18 exceeded restricted income by £37,808 and £nil respectively). Transfers lotallin9 £29,29612023." £37,8081 have therefore been made from unrestn'cted funds lo ￿striCted funds in order to m6et this shortfall. 21. Analy•ls of n•t ass•t$ htwe•n fund• Unf•8trlct•d fund• 2024 R•strlet•d funds 2024 Total funds 2024 Tangible fixed assets Current a53et8 103.200 68,454 165,277 171,854 1.699,690 1,514,413 Creditors.. amounts lalling dve within one year Total 2024 1438,7921 1185,1321 1623,9241 1,178,821 68,599 1,247,420 Unr•strlct•d fund• 2023 R•strfet•d funds 2023 Total funds 2023 Tangible fixed assets Cvrrent 855ets 117.359 74.855 192,214 1,272.876 225,843 1.498,719 Creditors.. amounts falling due within one year Total 2023 1421,3541 968,881 195,3241 205,374 1516,6781 1,174,255

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 22. Transa¢tions ￿th related parties During the year music4an fees and salaries for management services We￿ paid to the followng Trustees and other r81ated p8rti85'. Management ser¥Sces 2024 Management servlces 2023 Muslclans fees 2024 MuslcSans fees 2023 A Be118rny A Bending C Bruggemeyer C Forbes 24,095 32,453 38,720 1,804 2.279 28.184 35.843 2,228 16.155 S Devine 19,731 1.899 D Edgar A Roberts 28,654 23,191 14.837 15,808 18.823 1,337 2,228 1,268 1,466 K Spencer K SP￿ckelsen C Sticher 9.735 33,333 6,536 2,Th)5 1.279 C Woodhead I20,￿)0 126,028 Total 200.902 145,196 129.402 134,219 Al the balance sheet date. trade crediiors indude Ihe lollowng amounts due io Trustees and other related parties.. 2024 2023 A Ballamy A Banding C Bruggemeyer S Devine 220 3,144 2,667 550 150 D Edgar C Forbes 648 660 M Mandel 150 A Roberts 1,337 2,435 K Spencer C Sticher 323 1,855 150 Total 12,966 1,330 The amounts due to Trustees and other related parties are in relth.on to musicians. fees, instrumenttransport and tuning lees, and lees and expenses incurred as members ol the Playernthstic Committee. 39

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 22. TranSa￿lOn$ with related parties l¢ontinued) During the year the charity received donabons of £123.13812023'. £42.0001 from Ihe Orchestra of the Age of Enlightenment Trust, 8 charity of which I Charfton-Edwards and A Frosl are Trustees. During the year donations received from Truslees and other ￿lated parties totslled £177,14912023'. £133,304). During the year. consideration received Irom Tnjsiees in respecl ol tickets for concerts and other fijndraising events was £8.70912023.' £3.9511. At the year end, an 8mount of £151,65812023.' £151,182) was due from OAE Producbons Limited. Al the balance sheet date, èn èmount ol t48,OLK)12023." £48.LK)01 was du• to OAE Productions Limited In respect of the acquisits'on ol tan9ible fixe(l assets. These amounts are unsecured. interest free and repaya￿8 on demand. 23. Rg¢on¢lllatlon of ngt movem•nt In lund$ to ng1 ¢•$h Ilow from operntlng actl¥ltlgty Group 2024 Group 2023 Charlty 2024 Charlty 2023 Net movement In funds las For Statemanl of Financial Acliviliesl 73,165 1325,4311 74.671 1330,6881 Depreciats'on ¢h8rges 55,792 46,652 55.792 46,652 Losses on revaluation of fixed assets 2.100 8,CKJO 2,100 8,000 Dividénds, int$r$st and r¢nt$ Irom investments 112.4401 17.3961 112,4401 17,3961 Increase in arnounts due from group undertakings 14761 Increase in debtors {142.5441 (394.0751 1234.5081 1417.9851 Increase I Idecreasel in creditors 107,246 142,6531 107,425 4,592 N•t cash provld•d by I (US￿ Inl operatlng actlyltles 83,319 1714,9031 17,4361 1696,8251 40

ORCHESTRA OF THE AGE OF ENLIGHTENMENT IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 24. Analysis of cash and ￿$h equivalents Group 2024 Group 2023 Charlty 2024 Charlty 2023 Cash at bank and in hand 553,447 495.020 417.649 449,797 Total cash and cash 8qulval•nts 553.447 495.020 417.649 449.797 25. Analysls of changès Sn not debt At 1 Octo￿r 2023 Cash flow• At 30 S•ptemb•r 2024 Cash at bank and in hand 495.020 58,427 553,447 Totsl 495,020 58,427 553,447 41

Orchestra of the Age of Enlightenment Audit Trail Document Detalls Title OAE 23-24 AcccNJnls- fcK signing Flle Name OAE 2023-24 accounts - FINAL.￿tt Docurnent ID e3a13daOc9a04dd786061d3c316e3d89 Fingerprint 838761a10181cbd3b6319d6b55e2092a Status Compleled Docum8nl Hlstory Document Croatod Dccumenl Created by Edward Shaw [e-mail] 28 Jul 2025 Document Sent tkcumenl Sent lo Ali9)n McFatyen [e-mail] 28 Jul 2025 07.'22AM UTC Document Vlewed Dooumenl Viewed by Aliw M¢Fadyen lanKladyen26@gmail.¢oml 28 Jul 2025 tkcumenl Signed by Alison McFadyen [e-mail] Document Signed 28 Jul 2025 07.'38AM UTC Document Completed This document has been COM￿eted. 28 Jul 2025 16b55e2092a Procp55ed by xodo sign