Re9lsterednumber.. 015920J2
Chrytty number.. 5]2201
Lichfield Festival Limited
Trustees, report ond financial statements
for the year ended 31 December 2025
'AFI08M5rt
2W04W26
ComP￿[Es trIC
#218

Llchfield Festlval Llmited
(A<0Mp￿Yl1mltedbY84K￿teQ)
Contents
Ref￿er￿e cnd c￿￿n￿lr0t￿ ¢Yetols of the c￿r(thy. its tIV5tees ¢)*ws
Charts statement
Twstees, report
Storwrwt of finctthy cKtiwt
Bo1¢2rte sheet
Cosh flow stotemit
Notes to thé finrffte￿l stotertents
M-26

Lichfield Festivol Limited
(Acamp(my Iimltedbygu￿teeJ
Ihforence (mdolmlnistrotlvedetollsof theCoMp￿¥. itstnJsteesffid(thisers
forthe
eorended31t)ec•mber2025
BrWwoEer CBE
JufKn LWI Wet*w C￿E
. Tony Fh)Jey MBE
Tr￿V Borrr&￿ OBE
Prpsklpnt
¢Json CBE
Vke Presthnts
Fr(Ytss Lcn9
trs &orp Iy-hne5-Ldkry5ton
Lcrtj G L(Kty Bomford
Ckire Tetiey
Cokn Wc4*Èr
Le￿¢Y WIIKMYS loA￿ted on 2 JU￿ 2￿5)
t Fèvergnd J(w*t
Corn￿ reS￿t•redno.
01592(J2
Ch•r*yrnslFteredno.
S22(
Reg￿ter*dOfft•
LichfekJ
StofftrdshYÈ
6NE
Seeretwy
Festfvajstoff
Fe5tivcl (irector- ThC￿treY
Hecd of Cwekjrfftnt . King
Festml Produ￿r- Joshw Cwon
Asgstoit Festivcl Pr¢ylucer- Alexts)der
Box Offie ￿lOW- Cotheftr* Swdlow
*£tountcAt
Oecr L*rAtetl
LKhtield
49EP
Pose I

Lichfield Festival Limlted
(Ac¢mp(ny Ilmltedby gUCff•)tee)
Refer•nce ￿dIxImin1strat1vedetd1s0f thec¢*Thp￿y. StstrusteescuKlodvJsers(contlnu•d)
forth? eorended 31Dxember2025
Independent•xomkner
K4yen Nelw FCA
BlrrriW(¥n
83 34X
8gnkers
47 Mtyket Street
StoFf(*(tshK•
6LE
Bittet5COte trknvse
Bonehll FkncKI
Tcrrw￿th
878 X)
POSE 2

Lichfield Festlval Limited
(A¢omp¢my limltedby Sugr￿te¢>
Ch(xVsstatern•nt
forthe
earerrfled3lDacember202S
The choir wesents her 5totwrwt the&*￿L
Overvlew
2025 w05 OTlOther very SL￿CeSsful chopter n ihe oincls of LKthfthJ Fe5tMY. un¢JerriMed by stron9 tyc￿t sc4es.
ombitious (n ÈxKXyY￿ outrecxh schethJle. 96 wcdLI-clcss wl¢xrTKJrxes took otross ll
vemes. boostwlg the kxol ecrnry ovl ￿-off￿n￿L￿rrek1 os o keyTrJt￿ncl F4oyer ￿ the Arts & Curtu
The Literoture Festivd set the I￿e in the o ¢Sverse ￿c*M of est*2t4thed cuthws ottr<Ktns o
whse Quelen￿ cThY Incre￿ry ticket srAes yery on yety try 17%
The rfxxrentum cOnt￿￿d in )Jy with the &JrNTW FeslNd ¢xl*evn9 0 15% i￿ets$e in ticket
revewe year on yetr. The fir* up in the Cothedrd Ir￿[[￿e£l S"r Wlord ￿lle 6 tho BT(KJsky OuortÈt. Tenebroe.
Jenebo Konneh Its(￿. Neil Jor*s. The Unthcnks uJr surerstc* *)xrw T￿Y FthJthÈy. The wpulority of the
mm? ottr¢xted ￿ree SFKm%Jf5 o plethoro of mem￿[0$ fty LKhteld Festivd FrwKts.
The yeor ended with o wdl reCe￿Ed ctrcert by Ex.Cotlwkn fft t)ècen*w. C¢￿tr￿jtirS to u yew-encl Sur￿￿$ of
É214e8 in¢reos#i9 our reserwes to £159217.
L•urthJ gnd Portkwknn
'AspYel' the FestiKI s ccKwYwryty $ desp)ed to cre0￿*7ty. bjihy ond
broocjen occess to the Arts.
This yegr'young CrEOtNes' offerecl workshop5. oncl tehind-the-scerves eX￿rienCe for 16-25 yeor
0105. whilst'Ywn9 CritKs' o pk)tfcmi f¢Y OVOlK)nd writers. ¥) SSTr&*'. run in cOL￿t￿0tH)n with
Entrust MUSK ￿Nces. p'ned tr¢)rtK)n ond now hos F¥fftyy schcKI chik*en receMiry free. nstrumwto1
rTrJyc lessons undw the Fesbvcls Umb-el
Stoff <mdOpeYottrJnoI￿lfv￿Y
The scole ond s¥￿sS of the Lthf*kJ wouly not be kWt*e wrihtxjt the cmd r*dCotK￿ of ClJrThon
Thontrey. the FÈstDKI Thrector. our hcrd-wthin9 Stoff tecm ToFther they cre o PDwerhoLJ* of tolent ond
cre0t￿lty.
In (ktober we recruited o r*yt.tirre LSP tsJ•x CkYk-P*W io oNwsee ¢>K exP]Th￿￿ccKr￿￿nity
wtrk (￿d SUFWt the core teo
In December. we were incre(fibty scyry 10 105e of Prytner5hps & King whose
profeSs￿ndiSM onLI dtive hos tr(Jn5forrned (xjr funrSn9 wwrr¥re over the bst yx ¥wrs As CrKdine emtyj
on o new chopter. Kote wrjy)t￿ sieps into her SMÈS ro bjld LO £*Jte.
Effort5 to 5treomline cxlmwNstrtstK?n ¢2ThY wctesses hove Cont￿￿1 ot [￿. vt*rew tethnow ond
votwe thpnfrins to ensure the Festivols effwo effectNeness

Lichfield Festlval Umited
(A￿￿￿•V1￿1t•dbVwrn1tre)
forth•
Py4

Lichfield Festival Limited
compa)y limitedbYgU(Wf¥)tee>
Trustees, report
forthe
earended310e¢ember2025
The Trustees wesent they l*ther with the i1dÈpend￿lty exorrined firyKiol statery￿nls of
LIChf￿1￿ Festiv(A Limted for the year ended 31 fEcerrtJer 2(ES A5 i(MYw)y qu(*fies os ymll ￿r￿er 5ectDn
3. the strofe9t rerwt repJred of rrÈthJm kyse LYKler Th8 c￿n[w￿5 ￿t IStrttte9C
Report Dwectors FèFrfytl FWbtKJ15 20]3 is not re(¥
0¥edfv•sor￿0rf￿titrs
o)Rev*wotacth4(tlp5
DJrin9the >*tr. there wos cn ir￿fe0$e bi chrxitcknle crtMtie& to the fftvÈstrr*nt of funds in brin9n8
sorr* ncreditrdy popuky hou5ehdd narres nto L￿hr￿cl. Totd mccY￿ S￿ on Yveose of £37.218 ITh c[￿￿￿$on
to the prior yeor. (nd tick£i sde ir*£¥r* n is¢)lOtion tntyeose of E]L672 woss events held ￿ 2025
Expenditure wos increosed from the pYeM(xJs yeor by EX)J￿. 05 ÈXF*rted n kne wth the Hicreose in churt0￿e
OCbvitsÈs. knjt dso os o resutt of cLMtThJed Infthion ￿0$5 Certon tYE(]s of the cost txJ*. Cwoll. the net effect
was tfrot IrKi*ne exceedett expeThiture ty £21.428. regjtngn c￿ *lUé05e n tot¢Y re5érnes from E13a789 to
£ISS217.
The Trustees use the folowng k*y Ferforrrty￿e v¥*cut4ys to rrth(se the ￿rf{￿M[￿ice of the.
c¢wVs ¢xtMt*&.
- PercentO5e of $￿t5 for irK*Mduoi events
- PercentO5e of seot5 scAd for venue$
Fbtti of tickets s¢JcS to wtists. fees
- Profitthlity of indivvJJd festi￿￿ 1sjr￿r. Litergivre. OKJrn￿r oid Chris¢rT¥)5)
c) puNc￿￿efft
The Trustees hove e(xh COFxe5 of Chority C£¥Y¥Th5￿ on PLt* Benelit ond this rKX¥
torryts I￿rt of the hduction for New Tru5teg&
The p￿iC Benefit by chcniy ndL*Yes".
- Irveu>ng the depth ond qwkty of oJltur¢Y exper*r￿S
- hcreasi￿ opportunities for thro[￿ o YoUn9￿#￿st se￿5
. Creoting o Le[Y￿Su￿1 p(ytur￿tth ycNJorr¥Y* fLY ¢￿￿WhY￿ re9onc4 corrwNThty gO¢JP5
tsnd schods
The benefwri85 are dt mwrtws of the 0￿1 c£cess Js enctAed 05 fdtrMs..
- Throu* conces510ncry trket schwy*5
Wrthout charge to free evwts
- CdltsborotNÈly throu* Lewnwi9Ql¢Y P￿t￿)￿On heki in xho(4s ¢yKY other kKol or9Jnisotions
- M oreos of the festiv(l wheekhcir fKCèSSt4e
Pa￿5

Lichfield Festival Limited
(Acompany Ilmltedbygurrr*)tee)
Truste•s' report (ContIn￿oI
forthe
eorended31Dxember2025
FIX￿¢0 Revl*w
al Gohs corK•m
r the pJst few yecrs the Trustees hove ot6erNtd o in txx4ry hcbts otross e¢th of th• 0)mP￿V$
event5. In rorboJlcr. of the losiin9 t￿r￿6 hos been o re<*Jttth in tm)0*ir￿ wrth o hwer
percentosE of tKkets now 501d In the finol weeks tefore ￿ event. or even cn the LSXK. Thi5 h05 on up¢)n
coshflow. orKI requi￿5 observuth)n thr(Wout the yeu. A crmtThI￿ foajs on the cthwence of the comroiy's
rrrfJrtrEtin8 Strotw hos boosted ttht sdes overcdL
Hovr£ con&derèd the Autumn 8Ltyt (wtlthed 26 NoNemter 2¢￿5) the I¢￿)C￿cope for Sm￿1 enwloyers
rewKis thollen9ry n Iwt of the &onned IrKreos• ￿ the Liwrs W<£e from Awl 2026. ctyrpounded
with the previous Ye(￿5 increa￿ ErnFAoyers Ntstior￿ Insuroxe bJr¢Yen The chority hos teen Sh￿LIe￿ from the
incre0* in ￿p￿yerS fiotx)TrJ InsJr(xKe Lry the corKwrent IrKreose in &ntaoyerts Alowon¢e. oll of ¢)ur
emyoyee5 WKJ in ex￿$5 of the Fxqy)sed weose n the Notiond Lmrs Wose cs it stcfft(J5. therefore these
C￿ns*S ore not Consh*￿ rrvJter*J fft terffs of irwL
The corrwiy continues to h(we o strm3 cosh o rotLEt 12 rrDnth fr￿ec0stry womsiw. crtTrely
m(rn9Th3ond rr￿ti93ting Cny tth+ntK4 cashfkvw ¢ortem&
Afier con&eErotion of dl r*vor)t f(Ktoo the Ttustee5 h(Ne re05cK￿*Ae ex[￿101￿￿ thoi the corrwny hos rr
thon adeqwte ￿5￿r(e5 to ¢cntmuo in cFerotv)ncd exIster￿ for the nemt ]2 rrtsiths ond Èeyond
b) Reser￿ *y
At 31 Dectrrbw 2(ES the￿ were totc4 reserves of EiS5.217 12Ce4. £L33.7891. The re5er¥e5 were dl
vnrèstrirtecj and fcKrr*d the tngs of workin9 COFAtd forwor(l. Thè ￿Ve1 of reser￿ ot the yeor end ore
cons4(lerecJ odew¢xe n the kng terr
The Trustees hove estot4ished the of ffee reswves Ithot ￿. those fLnJ5 thot ore freely ovcilcblel thot the
charity ou*t to hove. l￿d ccfftsders this lo te E147.014. whKth t5 e{v￿ to l(XY* of f<)rec¢)st fpxed costs thè
next E mnths lin fine vAth the reS￿S rK4yl. The ctrrent levd of free reswwes t5 £15L4158 12024. £k9.244).
Pose 6

Lichfield Festival Limited
(Acompanylimlted bygu(r(mteel
Truste•s' report (continued)
forthe eor ended31Detember2E&S
Str￿t￿e.90¥tm￿n¢eQndrn￿n09crnent
al Consthutl
The ot4¢et of the c(xrpJ)y is to K*rxwte The Lthr￿ Festwd osswoted events The ccryony is
reg'stered os o comrony lyrited bv ￿OrQntee (nd w05 VKortK)roted w 16 (kt¢*)er 198L The mnFX)ny wo5
re9Stered os o choiiy on 7 J￿u¢yY 1982 with the cwty nLrter S)220L The c(wny 15 9)verned vneer tts
Memorondum of A$s￿l0tiOn ond ￿￿￿e5 of Assc(w￿￿ OJted 16 Cttober 198L On￿r￿*￿ 22 Morch 2CD4.
bl Methodof appohtm•ntore*ctkJhotTntste•s
Tw5tegs oré qyyntecl fr<)m orTX)ns* the rrvY**rthp of the C￿r￿MY ot thè AGM Yhe Trustee5 h¢NÈ the
power to oFwnr Trustees to 111 c05u¢J ￿(￿oeS t)Jt reton offre untl the next AGM ot wh
they will then ehg"Ue for re-¥erthx ￿ (yeenEnt wtth the of A$5￿K)t*)rL thrd of thg
Trustees retire ot the AGM. t￿1 elgble for re-elect
c)P0lt*sadDPt*df￿t￿è1ndUctb)nundi￿ry0t Trustees
The in(kJctioft tr<xning for nev4ty oFwnted Trustees ctiyyses tsi •WttiY meetsng %Mth the 8wd of TrLtstees ot
wh¢h o Ko¢k is This Inducles o ¢¢w of the so¥trr4rE (Ictuff￿L o copy of the most rècent ￿nucl
rewrt gn(J finorcd stoteryEnts. o copy of the rrinutes of Trustee ft*etNI95 ond o copy of the Chority
com￿1551¢n￿rS SU￿Once Yhe Essentrl Trustee. Per￿￿dI¥. the ctre th*rship of the Comp￿¥ lindudins
9xists￿ ne￿¥ VE￿nted Tru5￿5)0tter￿knl tri3¥)￿thryS. whith benefKv
d) P0Y￿ky1orJeTr￿r$t0ff
The Trusrees are res￿￿9￿1e for EY￿c￿8direct1cfft to the ch¢￿tY onct this ctyrEd wt free of o%orse for
borh tiry* exrensex The Festi￿1 tlrector 15 en9W on o trEnnK4 b05ts tx nxrtet rotes to curote the
FestMI prworTYr* The Trustees om to wy o for solwy to ottrrxi oxl reta￿ ond exFErt stoff. S)trries
and benefrts ore dey9ied to be COEYretit￿￿ wth•i the choritot4e sectty ond ￿(4))rti￿te to the of
e(Kh ro￿. An gJb-ComrrittÈe creotes ¢￿￿ fOrr￿S crnud wy rewi&¥s os of the opproisc4 proces
•) Orygni5atvJno15ttuciure gndderi5*n makkng
The 8oord of Tru51ee5 ccNY¥Jnse5 not *ss th￿ 3<wKI not 15 ThÈ Botrd meets ot ￿$1
qucrterw with sèwrote 5ub-c(ThThttées of relewrnt Trusteè5 CO￿?￿F￿￿¥)Ce. HRiy)d PoLr
A rYOtessi￿c4 tecm. the Fe5tNd Etrect￿. C(￿ (Mjt the ¢*￿Y o￿OtK>AS of the Festi￿￿ reKwtir)s d￿¢¢￿y to
the cho￿ ond of TrLtstee5 Throu*wt very. esFe¢rly ￿nn9the FestNo4. the C￿n￿￿)Y tEnefits
from the congderot4e supwr of the LKhfeld Festwcd Frends IwevKW os Lthfield Festivol A5SCtthionl
ond the 05SSt¢yi¢e of o sut6tcnt#* nuff*Ér of Trjcknieer
Pose 7

Lichfield Festival Umited
(Acompanylimitedbyguar<mtM)
Trust••s' report (contlTM*d)
forthe
egrended31Dp.cember2025
Structure.8ow•moncear#*manugeMentkonth￿d>
f)Rlskmtsrw•m¢ht
The Trustees hove 05s*ssed the rrrfJ>)r risk5 to whth the cryrwiy ￿ exFQ5ed. in pyucukr those rebted to the
OFerotions ond fin￿eS of the conymy. ¢Jid ore sotisfEd fhot sysiems (nd $yocedLJ￿S ore in F4oce to mitisrte
expjsurè to the nwr nsls
Tbe Trustees r￿￿te1n oRsk Re95ter wlKh 15 rev￿ed re9Jtsty. wtth h'w risk (* tin* senstNe Iter￿ flw'for
discussKJn ot BoNcl l*ti
pky4forf￿￿IePer19ds
o) F￿￿dÈve￿)Pffttnts
Over Ihe next year. the 8wd ￿OnS to ryK¥ntr•n curTent of reserves thrtrJs* c(*itnuws risvrous
oversi*L The 8oorLt hopes to rr￿nt￿n the reser¥*s ¥Kknxe by C￿mUm910 rotse the FestNol'5 ￿0f￿e. 0551Stgd
by a focus on the £￿tinued coherence of the ccryts)y¥ stroiw (which wos furthw r*veloped ckjring
2Ce4 ts7(J 2ce5X to ￿Into￿l fundng(wKJ thtst c*tTh)nstrotes tx)th comnwool oo*Jed (¥
ortisti¢ intesyity. whlst ¢nsurmg C￿ (¥yowot¢ Use of fu￿ (x) O Wk*r Leornry ond P¢rtriFX)tion syopmme.
An inueaitly sUtte5$f￿ Chr6tmc6 e￿t h05 fKW t*en pyt of the Fe￿￿￿$ reFert¢yre fc￿ o nutri)erof yeors.
Thi5 successfully contnued nto ￿s lortl ￿ in the ￿l￿93t05￿$ 2ce6). h05 gnowecs o much
steodiw srreom of kicorre throu*out the yeor. wtth on r>JOtwyKd ccshflow t))ost ￿ o wevDJYy le55 ¢Xtivg
Feriod.
P￿8

Uchfield Festival Lirnlted
(Acompthryllmlt￿byg1KwtrtW)
foir blew of the state of offoY5 crf the th￿t￿le c¢Jr(<xy ¢JwJ of rÈsowtss a￿] wF4Uti￿ of

Llchfield Festival Limited
(Acompory Ilmltedbygwrntee)
Independent exlwnine￿srwOrtt0theTrttsteQ$Qf U¢hfieldFestlvd Llmited
forthe
earended 31December2025
Indepen¢lent•xamnerf5 fEpwlto theTru5teesol L*hf*ldFesth4dLrted
I rgtxyt to thè Trustees on rry e¥£Thrth￿ of the ￿L￿15 of the c(ry￿y for the w endea l December
2CES whth ore set ojt on p¥s ll to 26.
R•spo￿1b*￿SQ￿dbt*lSoI report
As the Trustees of the ccKtwy its LtrectL¥s the [￿P)Se5 of ccYrpJy kn¥) you 0￿ rewyble f
thÈ wèporCt￿n of the tmxjnts in ttcor(*xe wth the rewremÈnts of thè C￿r￿¥￿eS Act 21XE (the 21x16
Act'l.
Howng SOt15fYèd Myse￿ thot thè occounts of the c￿r￿>}Y cye not re¢pNed to be cuAtecl ￿der Port 16 of the
2(￿ Act ond ore ¥gble for ￿deF*￿ent eX(yThTh)ti￿. I repyt in resr*ct of my extsnkiotts)n of componys
accounts os corr￿￿ CNJI undw SectL￿ 145of Ihe ch¢￿t￿ Act 2011 I'thè 20ll Act) kn ctyryn9OUt rny exoff*notion I
hove followéd the tJrectUlS 9￿en by the Charrty ComrTyssion untsr Secti(￿ 145(5Xbl of thÈ 21JJ Att
Independent•xuTr*wr%stat•rn•nt
Since the chontys sross ÈxceedÈd £?￿.(￿￿ ycLty ex(rriner rrntst bo o of o tc<ty Isted in secth
145 of the 20ll Aci I confirm tFi¢Jt l tyn w01rf￿1 to tAxkntotrÈ thè ex{Th￿tIOn b8c(xJse l om o tYvntEr of hstitute
af Chortergd •1cCoun￿t5 n EnygrKI Wc*s. whth ts cYY& of the h51Ed bo￿&
I hove comF4eted my excrn*ioth)n. I confrm thot rn rmtters hove CCy￿ to my ottentKffi COnn￿t￿￿ with the.
exominotion 9vin9 me coJse to thot in ony mterKI respect..
L accountin9 records were not Wjt ￿ res￿ of CCryw￿y os rec11￿e￿ by 5ectw W of the 2CXE Act. or
2. the o¢covnts do nt>t w*th those r¢uwd&"
3. the occounts £10 not c(MnFly wtth Ihe wcountryrequreTh)ts of sectth 396 of Me Act other tFKn any
rec¥JireThent thot tr* ¢xcountS 9ve o'true ¢)x¢ fc*r w￿ch i% not o rrotter Ccns￿ereCl os pJrt of L
Idependent exomW￿t1W. or
4 the acctyjnts hove been F*eptred wi rXcOrd￿ with the methcoJ5 ¢JxI of the Stotement of
Rk¢omry￿nde￿ ProctKe for 4X￿ntI)S ond repyrn9 by chcritÈs opFl￿tle to d1tsrit￿S ryemnn9 the￿ cttounts
(Kcordonce with the Finon(icA Si(￿(kjrtS tjpFkn￿e in thè UK IYKI ReFxJi4c of kÈlcirid IFK61021
l no con¢ems hove cKr055 m other rnotter5 in cOr)nett￿ wth ihe extYr￿1￿ to wh¢h
ottentscn shouks ctrthvn in this repxt or￿r to enotje o Frfoper urN*rstcnL5ng of the occounts to be
Ka￿fi Nel50n FCA
Cknns Audit Lmted
ChortereLI ACCOUnt￿t5
Birr[mn￿Qm
Dote..
24 2fj26
P4e 10

Lichfield Festival Limited
(Acompany limited by gu¢rantee)
Statement of fin(rKlal (Ktivities fj.ncorporatln9lncomea￿exPenthture ￿cO￿t)
forthe
eor*hnded31December20)
Rest￿ed
fund5
fvnds
Totalfund5
Ye¢rertdÈd
31Dec 202S
Totd funds
Yeor er&tl
3] Cec 2024
31Dec2025 311>Èc 2025
lrtom*from:
DonotH)ns mcl le9Th5
Choritoble xli￿ltE5
hvestrTEnts
238J89
254360
2250
23109
261298
2S4260
2250
23).766
247.076
494.799
23109
5t7S08
480.890
&6.7
4733n
23109
496.479
466327
Totole)¥ent
4733n
23J09
496A79
as6.￿7
Not movementinfun
21A28
14363
R•Concr￿n0ffvn￿.
Tot<A fun(ls browt f¢Th<xd
Tottslfvndscot71edfoTh¥¢wd
133389
133,789
]19.426
155217
155217
133.789
l <ttiwtyes ￿￿te ¢0 contirnJww3 ¢)perotKX)&
The Th)tes cn FKEes 14 to 26 form F*rt of these f￿￿K1 stoterr*nts
PCSE ll

Uchfield Festlval Umltad
. (Acompay Nmlt•dbyglmrt••)
at*c
2ce4
LT1fi24
(47SJ
Unrestrtted t￿￿$
P¢>3p 12

Lichfield Festival Limited
IAcomp(¥)y limit•dbyguai%witee)
C05hfiow st<rtement
forthe ewended31C)ecember2025
2025
2024
Net tfOVKle(I by oper¢JtYs (Ktimt
2SJ41
24,869
Neteosh provk4edby operoth8<xtr4kns
2SJ41
24.969
2250
Purchose4f tIX9ile fixed ti5setS
0881
4731
Nettosh uaedhknvesth9actlvi￿s
lJ62
12.625)
Ch¢nge tneash•ndcosh e•*•<*Atsknthe yeor
Cosh'and c05h e(wNolent5 brou*t forward
26303
143284
22244
12LI>I0
Coshandcosh e¢yJp4ol•ntsc<yr*dfonb￿rd
169587
141284
Pose 13

Lichfield Festival Limited
IA¢fimpony limltedby S￿<￿tee)
Not•stothefln(mcial statements
forthe
eorend•d310ecember2025
Generalknformoth)n
Liqhfieky Festwrl Lmted is o Ch￿l10￿￿e corff<ny ncorrxY¢xed in the UniteLI Kn9Jm (Jx¢ re9Stered n
Eng(￿ rxKI Wthes. The othke55 of the re9Stwed off￿e ts 9￿1 the referer￿e cxlmini8tratKy) det¢ils
on l of these fjno￿￿1 stoterrents ￿ notwe of the thtyitvs oFwotWS w￿l￿j Octmties Ixe
detoiled n the Trustees. ￿KOrt on FOPS 5 ro g of these frthocd s10tew¢t
#cc•untVl9 pokns
These fwwcKJl stOWTEThts been rxewred with Actwntir£ ond Rewtin9 by
Chontie& Stoterfent of Rect¥YYrErKled Pr¢xEre (¥¥4￿0￿￿e to Ch￿1¢*5 p￿[KI￿n9 they ttcounts in
occorcknrncÈ wrth thÈ Fincy)tsol ¥*rutJn9 StcrKkn4Y cr¢*ot4e in the UK 5¥pJt4r of IF￿6
](El {effectNe l J¢)nutry 2019). F￿ ILE <md with the reqLvrerrwts of the Comwn*s Act
LthfK4cJ Fes(Nd L￿rIcedrI￿ts the of o tawfrt entity un¢Yer FfsicE. Assets ont¥
liob"litEs ¢￿￿ initKlly recwtse(l ot his1c￿OI cost or trtsisocticxi u￿eSS OtherwEe stoted in thè
rdevont oc0)unt￿sp￿Icy.
The siwrftoni C￿CoUntIng por￿ in the weForot1￿ of these flicn￿ Stater￿tS ore set
out below. These hove twi ccn>stently O￿le￿ to cth ￿rIXI$ syesented un*5S Othgwse
stoted
After nTrJbingtWWk)te the Trust￿ o reosiythe ex￿￿Otfft thot the compony
hos ¢x*vote resovrces to continue ￿ ￿rot￿￿Kd ex15tente for o of et leost 12 months
frem the c*Jte of opFYovd of these firoictcl siole￿ents. Fly this reoscffi they continue to odc>pt
Ihe s￿9 ctsKem syepyrg the fIr￿KIC4 stoterfWt&
Comparby StotUS
The comKx)ny is o Iwywted by 9xnntee The of the Corry￿Y ore the Trustee5
ntynÈd ￿ pogtr i In thtr event of the corwrny berywwnd up. the I¥*￿11¥ fft respecr of the
sj￿<￿tee ts JirThted to £1 Fer ol the ciryoiy.
Pose 14

Llchfield Festival Limited
(Acompony Hmitedby gwront•e)
Notestothefinancld st¢)t•ments(¢¢)ntlnued)
forthe
eorènded31DecÉ.Yb•r2025
¢ountfvJ poklws(contknu•d)
Generd furKts ￿.e uwestricted fun¢ts whKhtye Ot thp ¢SscrÈtv)n of the Trustees in
furthW0n￿ of the otfaives of c(¥T1P￿Y ThKI whth hove rK>t been 1*51gYJteLI lor
other WrE￿se
F¥strrted fth(ts (*e funds txe orty I￿1(￿1e fu use in furtherrmce ot the SFeofK wrpose
fcf whKh they were
InNestrrwt nccme. sr•ns kJsse5 we cknoted to the wcyb?te fund
IS

Lichfield Festival Limited
(Acornpmy Ilmitedby giirriYit•e)
Notesto thefin(¥Klol stotements(cOntin￿d)
forthe
oar ended31December2025
ountlng pgkles(contiMKdJ
JI tywme is recowised cyre the C￿r￿￿Y h05 entrtI￿nt to the inc¢yr*. it is the
For le9x*& entit*rrent is t¢JlEn os tr￿ etyherof the L*xe wlKth eithw. Ihe CL￿nY B LTb¥c￿e
thot protKxe hos teen gonted. the estote hcs been ￿trfICul￿In htss teen mode by
thg eXeCUtu(sl to thp Trust thtst o ctslntsJtk￿ wrfl be ny)*. when o 015trthtpon rÈceivecl from
the estote. Recopt of o lewy. n whoqp or i5 ¢y4y cwsKtwed when the ar￿Unt
coi te rreosured r￿￿)t￿Y ond the c(*nrffiy t*en notified of the ex￿￿10￿5 Intentrfft to o
thstritrxJth)n. Where We5 ho* noiif*l to Ihg ccwrwiy. w the corY¥)my is (w4are of the
ontws of wot*itÈ. the criterri for incorr* rec0wit*￿ not teen n*t. then the Wcy is
treuied 05 0 c￿tin5￿t 05set rftsdosed rf rrK*eriol.
&"fts in ￿ ￿nOte￿ for dstribjtrm Ind￿je￿ ot ond recwtsed os [r￿Orne when they
d$trknt￿ to th¢ syopcts. ￿lS donoted fc￿ res0￿ ore irduLled 05 irwr¥* when they ore sold.
Ckjnoted fuc11t￿5 tye I￿jUded ot the valje to the ccrr<ny this con ke {W￿tif1ed ond o third
beory the cost. No WKxJnts tye in thÈ sroterfwts for serwces ofonot¢<l
vrJunteer&
Lkrthed services or f¢*￿￿*$ recw¥secl when the hos ecffitrd o%Èr thÉb itefft ond
con&rt￿5 0550CbJieol with the (knoted item ho¥* been the ￿elpt of econorr*c tr*nefit trom
rhe use of the item is ond thot eccnorrK benefrt can te rreosured reliotAy. In ￿cord￿￿te
with the Chorities ￿)1¥1 IF￿ ￿). the serwd v(knteer tin* of the LichfÈkl Festivrj FrieThJs 6 rot
recowised •eose reter to Ihe Trustees, repx for ryve ￿f(￿rIm3t￿?Th oithjt their contritrxjtion.
On recgpt. donoted ry0fess￿￿ servitss orKI dontsted f(￿lit* ore on the of the
vclue of the gft to cryryyry whth ￿ the affwnt the corrw)y Wol￿￿ ho¥* Ixen wlliTh9 tts poy
to obt(w) sefyKes c* fxditE5 of eqLIvrJ￿t ecor￿￿r￿ t￿fit {￿ the c*)en nyjrket.. o correspondng
omwn¢ s then recowd tn expeTrJtLwe in the of recthpt.
hcome t¢x retovÈr(*Ye in rek)tth to dO￿tic¥1$ recei*d Lnder (3ft aid ordeeds of ¢(yvenont is
recowised ot the t1￿* of the £tyK￿n.
hcomp tox recoverot4e *i reh)Ip￿ io in¥e5trTWt mcc￿T* 15 recowd ot the li￿ the investrrent
15 rsce￿oblÈ.
Other wcome is recowi5ed ￿ the perityl ￿ whith it 6 r￿V¢*Ie on¢J to ihe extent thot ￿0dS hove
n ￿0￿￿e£l CK on Corr￿￿￿t￿ of the service.
Pos* 16

Lichfield Festival Limited
{Acomp￿v limited bygu(r(mte•)
No*estothefln(xKiul staternents(con
forthe
e<y".ended31t*amver2925
pok*5 kontkHwprfJ
ExFen¢Jiture 15 reCry￿e￿ <)ffKg there is o c￿StruCt￿? otfjsutkx to tr￿sfer econorrit
benefit to Q Ihrd pyty. it IS Fxot￿tIe thot o tr<xtsfw of ￿¢￿0￿￿ Lenefits wiv be ￿quIreLY
settlery*nt crKJ arrKX￿t of tPE be rn￿sUred r￿￿y. ExFwLfitLKe ts ck3ssfied
tiwty. Thè costs of eG£h octiwty ore rTh)Ye up of the totcl of drect costs cknd costs.
lu<*￿ WF¥￿ COSt5 Invdverj in ur**rtcthng ecth c£tMty. Ckect costs (jttri￿ta￿￿e to o swge
(3Cti%fjty ore oM¢xated (Irttly to that ￿tl￿tY. costs whth ￿￿tr￿tste to thon
cctsvity supKur Costs whth ore ntst ottritxjtl￿* to o W fxt1￿IY (Ye oprrf)rti¢xied between
those octmt￿s ￿ o tCSS Cty1Si5t￿t wth ttr* use of rÈs(xJrce& Centrd stoff costs ore (￿ctoted on
the t￿5[5 of ￿ ¥ent ond £￿￿eCI010￿ ch(rses L*xoted thg Kwtion of thp osset's use
SJpkXrt costs tye thosÈ costs inafftd dreth n gjwrt of exKEn(fiture the objects of the
Choritotle (Ktiwti¢S (WKI Cx)¥*rnuKe cosis Costs wicurre(J on ihe ccry￿¥¥ ethjcotion
operoiicns rOu¢Sn9 SUFPVt Costs ¢￿t05¢s r4otv)9 ¢0 the 9)veMOr￿ of the cOm￿Y
o￿tioned lo cho￿t￿e octwtie>
L7 TongllJl*fft•d055•ts(v￿tkw¢ckn
A review for imF**rrent of o fixed Cfaset iscorrwl out rf events or CWCLm5ttyKes
(Icote thgt the c(*ryn9 vduÈ of tyiy fL¥ed 05set rrw not r¢coverotle gKrtf¢Y4s t)etween the
ctXryV￿ of fixed ossets (Jnc¢ reco¥wct* orfDunt ¢xe recwi5ed 05 lThkKxr￿￿￿t
ImFKMrmwt losse5 rwEed ￿ the Stoiemit of inccrt ond
ex￿en0*tUrey ￿COUnt
TC￿9t￿e fixed 05sets tye corTied oi COSL nÈt of deryeCiotx￿ ond ony for Impj￿rren1.
Oetyeciotion is ￿0￿ded ot rotes ccdoJknted to wnte off Ehe cost of f￿￿cl ossÈt& less th*r
Fumitvre. fittiy or%J offKe equyr*nL Xa Str¢>*tlne
Pknt ¢ncS equiFwwt. 2(fA Strwi Iir
18 Int•rest r2ceP4able
rel￿tlY by the cc¥Twy. thts ts nLYrr(4ty rotrfr0tI￿ of the ntsrest ¢)r KM)y￿e by the
t￿Thl
Pogè 17

Lichfield Festival Limited
(Acompany Ilmltedbygu¢rnitee)
Notes to the firKv)¢iul stotements (contin4
garend￿310ecer.b?r2O2J
0untlngp0￿es (conthued)
IS Debtlys
Trod@ oid other debtors c￿e recwwl ot the setuwrent crnwst oftw cmy trocje Llscwnt
offered Prerx)yn*nts volued ot the onKJvnt net of ony trcxye cb5COUnts due
UO Cashot bankondln hond
Cosh ot tKnk (nd in hond indLKles cosh sh¢yt term frtwid inve5trr*nts with o short
motwity of 3 rronths or less from the ck)te of or oreniTraof the depoyt or snrylc
count
Lh*itities recwd when there is cn oNgJtNJi ot the 8r*an￿ *oet th2te os a resLAt of o pjst
event. it is prO￿￿Y that o trwsfer of eclYK￿ le￿it reryved ￿ SettIerr￿n￿ the
Th)unt ol the SeLtlWr￿r ccm be esttiytited
L.ioLilrf(ies (we ot thÉ* (￿￿￿tth0t the cCwnp￿Y ￿t01X￿¢es it will poy to set¢le thÉ& rJ2bt
or it hos rff￿ve￿ 05 tikncecl rwrÉnts fu the serwKes it rryJst prowde.
Prowsws rrE05ured ot L*5t estKYK)tè of the Lyrwnts reqLHre£l to settle the rt4yJtw.
Wnere the effect of the twi* vdue of rrX￿eY i% rrM)tÈr*A. thÈ yowsitin ts txysed on the wÈsÈnt
volue of those £rrKJwts. dscountEd ot the ￿e-tOx ¢YisccxJnt rote thot ref*t5 the r&5 specif￿ to
the l￿b￿lIV The uriwThfiry of tP>È dtscount Is rÈc(wised withw) nterest KX)yc*Ae ¢YKI swnAor rhor*s.
112 FhKwKknlJnstrum•r
The onty ￿S fmncioy ossets fI￿id k*J"iit*s of o lind t￿r quolrfy os bosr fina￿1￿
iristrvmwts Bosic r￿K￿CK)I w)strwwts tye inrtKIty wEed ot tr￿s£￿t￿ volug onLI
subseouently n*ogJred ot their settleff￿L vdue with the exception of kxJDS which o
5ubsEoJentty rrEowred ot ¢y￿t￿l cost uw£ effectNe nterest rrethod
Prip 18

Llchfield Festival Llmited
(Acompmyllmltedby guar(￿te•)
Notestothefin(wKiol stotements(contlnued)
fert￿
earended31December2025
RestrfKted
funds
funds
Y*￿end0& Y￿e￿llEd
31 tkn2025
31 Dec202S
Totol
tunds
Yoorendod
31DEe2025
Jn50rship d(mtK
¢￿t5 ond Publ￿ ixKfig5
233.939
4250
240548
20.750
16500 .
Totd dOn0t￿S bnd
238J89
23J09
261298
UnrestrKted
fur
F*stricted
funcls
Tot
fLtnds
31 Dec. 2CE4 & E*c 2ce4 31 Dec 2(￿4
188.278
&762
188.278
42.487
ants bJdie5
.725
Totol (*Jnorions oid lews
194.041
.72S
230.766
Intamefft¥mthtw*tiblÈot￿VIt[es
fur+d5
Yerye¥Kled
31 Dec202S
frJThd5
Yearended
YeorendEd
31 Dec 2025
31 Dec 2025
rtht sc4Ès
225OlS
28544
22&81S
28.S44
Totol Inco￿ from choYtt(tye (tt￿$
254260
254?60
Unrestricred
r*trictecl
Totd
furég
Yeor en¢Jed
Yeor endÈd
31 Dec 2(E4 31 Oec 2CE4 31 Dec 2CÉ4
214J43
.933
214.143
32.933
&le of n￿rCh0nd￿e (YKf Othw f￿l*<i5￿￿
Toiol ince￿* from th¢yrcoL4th (tri￿l*S
247.076
247.078
Pop 19

Lichfield Festival Limited
(Acomp<my Ilmlted bysuornte•)
toth•finoDciol stotements (¢ontlnued)
forthe
earended31Dècèmk?er202
Incon*frnm (nvestments
ihrE#rK-led
fund5
Ygw•nded
31 D•c 2025
flmds
y￿eftded
31 Dec 2025
Yory¢nded
31D•c2025
Bonk Ihttrest recefftl
22SO
2250
Tctcl inccrre frcrn in*Str7￿ts
2250
2250
Lknrestitted
fund5
F&5trrted
Totd
f￿r￿S
Y￿r ended
Cjec 2￿4 3E C*c 2CE4 31 OÈC 2ce4
8onk interest re￿it1
Totd rrorre fr(yn in¥estn*nts
2,848
2.848
ntslyslsof re50urcesewndedbyoctfvths
05ts
Yew*nded
31DÈc 2025
Tott
Y*tyendÈd
31 Dec2025
Yew¢Thdpd
31Dec2025
FestiKls ¢md events
414287
82J92
496,479
costs
Totd
Yeor ended
31 L)Èc 2024 31 Dec 21E4
FestNoLs events
SJ93
466.327
20

Lichfield Festival Limited
(Acompo)ylimbtedbygU(rryitee)
Notes tothe fir￿-.t1(A statements(¢ontlnwd)
etrendfrd31DKem.ber2025
& ￿¢￿Sts
tunds
Y•orended
31 De¢ 202S
3ll)ec202S
31 Dece02S
iisi fee5
E¥ent costs
Irrecover(*le VAT
1*088
144A50
29080
4814
57213
1.058
IB74
151M88
0950
e9￿80
11.423
$7213
1.058
IA74
I6￿00
6A09
Per6￿n
Totol ¢Jirect costs
39U79
23JOg
414287
Imresrrtted
funcÈ
I￿str￿le￿
fund5
Totd
Yeor ended
31 Dec 2CE4
31 C*c 2CE4 31 Dec 2ce4
Artist fges
Ewent cast5
Ir￿0Ver￿tIe VAT
Letsmin9 ond pryt￿r￿t￿￿Tr
Wys ￿(rieS
Pensk)n cC￿Er￿jtN￿s
OeFKeuotN)n
I￿.683
J29.]26
27.1
4.171
135.683
I49.ODI
27.OQ3
2LQJ
5U98
904
L382
19.875
16.8S)
904
Totol direct costs
349,468
.725
6J93
POF 21

Lichfield Festival Limited
(A¢ompany limit•dby9￿<mtee}
Note5 tothe fln(NKlol statementslcontkm￿
farthe
eai ended31December<￿5
Suppjrttosts
fur
Total
Ytorel￿d Yetyended Y•orended
31 Dee2025 310ec2025
310ec 2025
EstOt4trknr￿t exFenses
)notons tts IcK(I th9rit￿$
Con5Lltoncy fee5
(*vernon¢e tost5
12n25
2S
63285
6BS8
12Q25
25
63285
6858
Totd supwt cosis
82J92
B2J92
L￿￿sts￿led
Restrrted
fund5
Yecr erK￿￿
[* 2CE4 2CE4
Totcl
Yeor ended
310ec 2(E4
Estolsishment èxwsÈs
Oonotions to kxol chortl
ConsultcrKy fees
)v¢rrKYKe costs
Jll
S9.844
Totd SUp￿rt c¢)sts
eo.L33
8OJ33
a N¢t&KOm￿lEsa1IrceSItr￿ouTr¢5 •¥PWKW)
This 15 Stoted tyfter
Yeor•nded
310¥2025
Yeor ended
31 Dec 2CE4
Depre￿t￿n of ton9tAe fYKed (r>5et5 owr￿0 by chority
h￿Q￿ndent exomner¥ fee
IB74
2570
2.2CO
POSE 22

Lichfield Festival Limited
(AcornponylSmftedbygu(Y(mtw)
Notes totheflr<•Klol st¢7tements (c¢ntinwd)
forthe
eorended31C)ecember202S
Stoff ¢a5ts
Yegrendpd
310Èe2025
Yeor ended
31 Dec 202.4
57213
I￿56
SU98
904
Pensiti) costs
Yotul 5toff c05t5
$8271
52Jce
The Over0￿ wrTthr of pErs￿S erTWoyed by the ¢(￿¥￿V Ihe pernd wos as folow&.
Yeorended
Yeor entsgd
31Det 2025 .31 Dec 2ce4
Festbwil stoff
iQ. T￿9￿**IXed{S$¢tr
Fumlture.
fftlkngsand
PkmttyKI
Total
Cost
At 31 De£erthr
A￿&t￿n$
2.cej
13.010
L088
ICB8
At 31 Oecents 2￿5
2P21
14.098
16Jlg
DeprKblknn
At 31 0￿￿rter 2ce4
Chcrst for the period
io.'i
1470
10.486
L874
At 3] llkCer￿r 2(E5
740
llfj21
12361
Netbook va￿e
At 31 Decemter 2ces
2.478
3.759
At 31 Decèrnbw 2ce4
L685
2.860
4.$45
Pose 23

Lichfield Festival Limited
IAcompanylimitedby guarrmt•e)
Notestotb.¢flncmr.Id stotements(conllnuod)
eorended310ecember202
31Det2025 & De¢ 2CE4
Trthe debt¢Y5
OthÈr debtors
prèp0vr￿nts and r￿Cr￿￿ incC￿e
4.455
990
20.436
5.194
933
28.2ll
Totd
25B81
Ji crytht￿(￿nayTrts￿kn8 wlthnoneye•r)
31D¥2025 31 Dec,2￿4
Trode tre£AtcKs
Orhffr toxatb)n ¢rKJ 50CtoJ securrty
19.591
S867
21938
7.574
34389
Totd
41.963
47.357
2025
2CÉ4
Defwecl hicc￿ ot l J(*￿Y 2CP5
50urce5 dÈferreci the K*ri¢xJ
15376
31,574
QS376)
2L326
15.376
(21*61
Tot(A
31574
15.376
11 Cr•th0r5:(￿nath￿ts1OthS uft•ron•yttr)
31fiec 2025 J D8c 2ce4
2n46
Ice3
rotd
2.046
1023
Post 24

Llchfield Festival Limited
(Acomponyllmlted by8utyonte•)
Notesto theflnoKkd st¢)tements(contlnt
forthè earended31December2025
14 Statement offvnd5
Brnught
Summbxyoflund5-31 DKembEr2025 lonvud
Irthmbis
CorTled
forwor
G•ner4lfvn&
133389
494299
23J09
(4733711
3J091
15W7
Tottdtunds
133389
517.908
(496.479)
155217
8rw*t
Corrie
forwttrd
rrYrKryof fun(ts- 31 C*errt*r 2(E4
C*nercl fur￿5
f*trKted fvnds
ll9.426
44ag85
.725
1429.$Ce)
136.7251
133789
Totol funds
119.426
48Q690
1466.327)
IU789
Restrrted funds djring the yecy enc*d 31 [￿rnt)er 2CPS rek)te to fundry recewed fror Lichfietd
Cistrict Countil. ts)d nuffÉrous iidvdurj c¢wote ¢Jwors. T￿* were to cover
¢ommunity events provK*d os pyi of the FRstNcd 202& Klu5 ry1s¥yrw319(mng oThJ
rAjrtiCir￿tXjn yotyfree rrKJ&r lessons to chikjren ￿ lo￿ School
. R•conc&Jtknnofn•t mgvEmentknfvndsior*t¢ashlknwfromop•rathyiKtl¥ths
2025
2CE4
Net expeThJrture f¢y the yecy Io&kW %oten*nt of w1￿11￿s)
21A28
14.*3
AIJu5tmertfotr.
8onk interest recavéd
OeJyecvJkin chorses
rkcrÈ05e / Irtse(3sel in c*btcYs
lfttreose / {d￿e0$e) ￿ credtCWS
250>
1074
8.789
14,71)0>
12.8481
L￿2
1774
IOJ98
Netcosh Fv•vl*dbYop•mtry￿*lVkn%
25J41
24.869
Po5p 25

Lichfield Festival Limited
(AcoMp￿yllrnIted bygu(rontee)
Not8stotheflnrmciolstat•men.tslcontkn￿d)
forthe
eitrended31DeKember
310e¢ 2025
31 Doc 2￿
Cosh in hond
169587
143.284
T¢)tdfvrwJs
169587
143284
17. R¢lot•dparty tran50CtK¥ns
Jrin9 the yeor erthd 31 Ckcert*r 2CE&
- The COm￿Y wofesyincl fees respect ot the ¢YèFhYot￿ri oThJ SLtsrYs￿r$ of the stotutory
occounts by the ¢wrent Tre￿rer. Ck** Lug. o%Ckt* knountins LKhfield Lirrited
. The comwy *)CLKred ￿￿Ofe￿I0￿￿ fees respÈrtof pjffoll wctessry bcx)k-kÈepn9 ffyaewnt
occLyJnting¢nd forecostry by the current Trecwrer. Otsre Lue. troJng 05 ￿or kn￿nti￿LichfIttld
Lrnted
- The cL¥yP￿y ￿Kwre￿ eXpen(fitY￿ ￿￿tyrSt0 venL* (md rr*etws rocm with LKhfeld Cothedrol.
(¥￿ther entity with corTYrrf)n trusteesh
- The cornpjny receNtd soles r￿tIN￿ to"1)￿￿￿ frLYn Cothetrd. onother entity wf(h
COnYr*￿ trusteeshi
At the sheet dote. these orr#￿t$ htyl dl tw setts
311)e¢ 2025
31 t*c 2CE4
Adve￿￿}9 inron
venL￿ ond rr*etirv3 room hire
Preporatiw ond sutnW55w of stotutory CKCWtts
Poyrdl [￿esSn8 (thd rTh)yrrent fees
4S5
25J20
2.8
22.048
2X>
4.378
4.004
Pose 26