REGISTERED COMPANY NUMBER". 02380796 (England and Wale51 REGisfERED CHARITY NUMBER: 702670 Unaudited Financial Statements For the Year Ended 30 September 2023 lor Leicester International Music Festival limited (A Company Limited by Guarantee) N,Inl 4AD5ZCBtr3' 251(*J2024 COMPANIES HOUSE A12 ¥136
Contents of the Financial Statements For the Year Ended 30 September 2023 Reference and Administrative DeLiils Report of the Trustees 4tolO Independent Examinerfs Report li Statement of Financial Artivities 12 Balance Sheet 13 Notes lo the Financial Staternents 14to17
Leicester International Music Fertival Limited (A Company Limited by Guarantee) Reference and Administrative Details for the Year Ended 30 September 2023 Trustees K A Rush (Chairl J Gull (appointed 6 September 20231 J C Ladlow lappointed 6 September 20231 L B Simmonds C A Taylor E A Williams G Willingdale-muston lappointed 16 Au8USt 20231 REGISTERED OFFICE Leicester Museum 53 New Walk Leicester Leicestershire LEI 7EA REGisfERED COMPANY 02380796 (England and Wales) NUMBER REGISTERED CHARITY NUMBER 702670 INOEPENDENT EXAMINER Martin Burrows 46 Harvest Way Brovghton Astley Leicestershire LE96WL Page 3
Leicester International Music Festival Limited IA Company Limited by Guarantee) Report of the Trustees for the Year Ended 30 September 2023 The trustees who are also directors of the charity for the purpose of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 30 september 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 effective l January 2015. The financial statement reflects the income and expenditure of the Leicester International Music Festival held in September 2023 and lunchtime concerts that took place between October 2022 and June 2023. OBJECTIVES AND AcfiviTIES Objectives and aim5 The charity's principal aim 15 to enrich the cultural life of Leicester, Leicestershire and Rutland by bringing to those localities established musicians of international, national and local standin8 to make music in a variety of contexts, and to broaden interest, understanding and audience base through educational and outreach prograrnmes. The current objectives are= al to organise and presentan annual Festival. sustaining the core profile and identity of the company. and comprising.. a core series of chamber music concerts by international, national and local musicians and ensembles - commissioned new works educational and OutaCh activities. which take place both within the Festival period and outside it new developments designed to reach new audiences. includin8 youth participation. bl To maintain a year-round presence throvgh related areas and events, partitularly by.. supplying artistic and administrative support to Leicester City Museums Service in order to run their .Lunchtime Concert series, and to develop music provision and music education activities within the Service organising fundraising and Friends, events organising live music events designed to raise the profile of Leicester. Leicestershire and Rutland, attracting audiences from beyond the immediate region. The Board strives to provide a sound and efficient administrative and financial base. The company is committed to ensuring equality of opportunity in all areas of its work. Page 4
Leicester International Musi¢ Festival Limited {A Company Limlted by Guarantee) OBJECTIVES ANDA1VITIEs Signilicant artivilies Leicester International Music Festival ILIMFI 22123 season consisted of a range of exceptional quality and extremely enjoyable live music performances and outreach opportunities. LIMF delivered its annual September festival, 9 Lunchtime Concerts and a range of outreach and participatory activitie5 for children and young people across Leicestershire. Total audiences are estimated to be over 2.500. Lunchtime Concerts at New Walk Museum October 2022 to June 2023 LIMF launched its 22123 season wtth its popular Lunchtime Concerts at leisterf$ New Walk Museum on 13 October 2022. LIMF'S popular concert series welcome(l a range of exceptional soloists and ensembles to give live performance5 in the stunning setting of the New Walk Museum's Victorban Gallery. The Lunchtime Concert series featured 12 soloisis and ensembles comprising.. l. Orsino Ensemble Piatti Quartet Fenella Hurnphreys (Violin) and Daniel Grimwood Ipianol 4. Jame5 Newby Ibaritonel and Simon Lepper Ipianol 5. Elysium Brass 6. Yugen Saxophone Quartet 7. The Mithras Trio 8. Selected young artists from the Purcell School of Young Musicians 9. Ben Gold5cheider Ihornl ar Richard UttY Ipianol Our education projects linked to the Lunchiime Concerts comprised= Fenella Humphreys gave an inspiring and joyful performance for the nursery and KSI pupils at Uplands Infant and Nursery School 2. The Purcell School hosted an inspirational masterclass with young local musicians from Wyggeston and Queen Elizabeth I College, which included an informal concert alongside the young professional artists at the New Walk Museum to the delight of local teachers, parents and carers. Leicester International Music Festi¥al- 21~ 23 September 2023 At it5 epicentre, the Leicester International Music Festival presented the highest quality of music and musicians and featured expanded outreach and education initiative5 throughout the weekend: We were joined by artists.. l. lyad Syghayer Ipianol 2. Anna-Liisa Belrodny Ivrolrnl 3. Katerina Nazerova Iviolinl 4. Ting-Ru Lai Iviolal 5. Tetsuumi Nagata Iviolal 6. Ashok Klouda Icellol 7. Thomas Hancox lflutel 8. Nicholas Daniel loboel 9. Ben Goldscheider Ihornl Page 5
Lelcester Inlernational Music Festival Limited {A Company Limited by Guarantee) 10. Anna filbrook Ipiano) The festival started with a lunchtime recital from award-winning Jordanian-palestinian pianist, lyad Su8hayer, who paired Mozart Piano Sonatas with short pieces of new musit. and on this occasion we specially commissioned Phoenix Rousiamanis, a Manchester based composer to Premiere a new work. We were delighted that there were a large number of school children at the concert. The Friday was an outreach day, which compr?sed three events for different audiences. Selected artists went to play music by Thea Musgrave. Handel, Mozart and Beethoven to 400 infant school children and their teachers at the Catherine School. The second event was at Agnes House care home, and was in the large livinE room surrounded by around 30 residents, which was capacity. The final event Wa5 at Freedom Youth Club. A floating audience of about 50, sometime5 more, came and went and were happy to see u5 after our visit last year. Artists Stated that they felt privileged to share their love of music with these young people who have been through so much. On the Saturday we hostetl 'Mu5ic for Everyone, _ our special family event where the Museum is filled with music for families to enjoy and discover. Musicians musically guided families to different parts of the museum where artists were waiting to play to them. They heard music by Mozart, Thea Mvsgrave. and Nicola Lefanu. At least 100 people of all ages took part. Our final event of the Festival was a major concert with an English Premiere of a new work, and three British septuagenarian female composers- Thea Musgrave. Eleanor Alberga and Nicola Lefanu- were played alongside Mozarfs music. It was hiEhly satisfyrng musically and the audience was very enthusiastic 35 alway5. We employed a young festival toordinator who was a current Leicester university student to support the festival and in particular social media and commLJnications. We provided a fantastic opportunity for someone at the entry level of a career in ihe arts and cultural sector. The connection with DMU and the work we did with them to recruit the Young Festival Coordinator was much apprechated. Festival audiences increased on the previous yearfs, with thanks to our continued partnership with the Museum, which is $0 valued. The Museum's SUPPOrt in promoting information about visitinE the museum helps to ensure that audiences are confident about what they can expect to experience when taking part in the concerts in the Gallery. We will continue to expand on our joint marketing initiatives in future. LIMF 15 currently looking to host rts 2024 festival in other venues in 2024/25 owing to planned capital works due to be carried out at the Museum. However, we look foard to returning to the Museum in the near future. Special events Charles Owen, Pianist, was our featured artist in our 22123 Summer Recital. Owen performed in ihe Victorian Gallery at Newwalk Museum on 20 May 2023. Owen presented a programme that grouped music by Mende1550hn, Clara and Roben Schumann, and Chopin. .a musical event that would, l guess, be unforgettable for all those lucky enough to be in the Museum... Leicester Concert-8oer Page 6
Leicester International Music Festival Limited IA Company Limited by Guarantee) Widening our audiences With thank5 to the support of the Cavatina Chamber Music Trust. LIMF was able to offer young people who took part in education projects and outreach artivitie5 access to our other concerts in the series via our free and subsidised ticket schemes. We also provided free tickets to those studying music at Wyggeston and Queen Elizabeth College. We continue to widen our network across colleges based in Leicester and Leicestershire to increase awareness of our ticket schemes for mustc classes/Eroups. Also demonstrating our commitment to widen our audiences. LIMF'S social media engagement improved during this season, as we invested further in promoting our profile5 on Facebook and Instagram. We made link5 to local arts charities to promote our activities. We continue to invest in soclal media advertlsing and importantly be in touch with our core audience to ensure they have the confidence to return to ovr live music concerts. We were also grateful for the support of Lercester Events and Festrvals team based at the Leicester City Council in supporting our audience engagement, especially promoting our special family concert. Flnancial Inforniation Overall, income and expenditure levels have been maintained. LIMF Trustees continue to be encouraged by increased audience numbers to its concert5 as confidence to attend live music concerts starts to recover too. It recognises that whilst it can On deliver small.scale festivals. this has resulted in smaller levels of donations and Friends subscriptions land thus Gift Aid). LIMF hopes to offer an expanded Festival offer in 2024. which is hoped to attract Friends and donors who haven't engaged with the festwal recer)tty. Expenses in thi5 financial year related to the staging of live concert performances such as Artist Fees (including expenses. travel and accommodation),. production costs such as venue hire, piano tunings. instrument hire; and marketing *rimarity through Facebook sponsored posts. Our artistic progrnmme in 22123 was well receNed by audiences. The Charity's funds were assisted again in the year by a number of donations and sponsorships, for which the Trustees continue to be grateful. ensuring that the Charity is able to engage international artists of the highest calibre. We also remain grateful for the financial sUPPOrt of the Leicester City Council and Leicester Museum5 and Galleries. Public benefit The Trustee5 have had regard to the Charity Commission's guidance on public benefit and to its supplementary guidance on fee charging, and believe that the Charity complies With Charity Commission requirements. Audience members are pre5ente(I with exciting and innovative performances of the highest quality, offering not only pleasurable cultural experiences, but also occasionèl challenges, and opportunities to extend their musical knowledge. All the venues used for live concert performances are accessible to wheelchair users. Wheelchair spaces are available and can be reserved with a Complimentary seat for a companion. Concert proErammes are available online free of charge, and guide dogs are welcome. Induction loops improve the quality of sound for concertgoers with hearing difficulties. In settinE ticket prices and charges, the Trustees 8ive careful consideration to the accessibility of the charity's concerts to those on low incomes and to young people. Concessiorbary prices are available for full- time students. senior citizens and the unemployed. The Board review its ticketing policy each year to test and ensure affordability for our audiences. Page 7
Leicester International Music Festival Limited (A Company Limited by Guarantee) Volunteers The Festival and the Lunchtime Concerts are organised and managed by an entirely voluntary Board of Trustees and individual volunteers who are keen to support LIMF and be part of its exceptional events. Further volunteers are a150 welcomed in all our projerts and given training and support to enable them to work alongside the Trustees. The Trustees would like to tharbk all its volunteers for giving their time and commitment so generously in 22123. FINANCIAL REVIEW- Reserves policy At 30th September 2023 the company had Total Fun(Js of £53,559. an increase on the previous year, which was £50,334. The Board continues to market its activitie5 electronically and predominantly via social media advertising. It continues to reduce concert literature and make programme notes available online as part of its budgetary prudence and also environmental motivations. Budgetary control systems have been maintained and are monitored with variance explanations being provided to the Board. LIMF continues to be hugely grateful to the individual donors and Friends of LIMF, which continue to provide financial support,both in subscriptions and in extra donations. to make these concerts possible. In addition, the Charity continues to receive support from Leicester City Council without which the Charity would not be able to offer its hi8h-quality concerts. Page 8
Leicester International Musk Festival Limited IA Company Limited by Guarantee) STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document Leicester International Music Festival Limited is a Registered Charity. ND. 702670. The charity is a company limited by 8uarantee registered at Companies House in England and Wales, No. 2380796. Its governing document is its Memoran(lum and Articles of Association= this places no specific restriction on the way the company can operate or on its investment powers other than that the company is estsblished for charitable purposes. Recruitment and appointment of new Trustees Trustees are recruited through professional and business contact5= expre55ions of interest are also SOUEht from Festival concertgoers as part of feedback questionnaires. All Trustees are interviewed by the Chair and one other member of the Board as to their appropriateness for appointment. Under the requirements of the Memorandum & Articles of Association and at the Annual General meeting one third of the members of the Board shall for the time bein& or if their number if not a multiple of three then the number nearest to one- third shall retire from office. The members of the 8oard to retire shall be those who have been the longest in the office since their last election or appointment. A retiring member of the Board shall be eligible for -elettI0n. Organisational structure It is run by a Board of voluntary Trustees in accordance with the company's Articles of Association and the relevant legislation. The Trustees are responsible for policy decisions, and (lelegate to a professional Artistic Director the tasks involved in achieving the aims of the company. The Artistic Direttor tonsults, on an ad hoc basis, individual Trustees who offer expertise in various areas. and reports to the full Board of Trustees. The Festival offKe is based in the Leicester Museum and Art Gallery. Boards of Tru5tee5 meet on a regular basis and all decisions on agenda items are taken by vote. Trustees are the chair, treasurer, secretary. and Board member5 Wlth assigned responsibilities, such as leading on education and outreach opportunities. These meetings are held online and face-to-face. Induction and training of new Trustees A formal policy of Trustee training and induction was introduced and implemented in July 2021, in accordance with Charity Commission guidance. Risk management The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. LIMF is a registered Charity and a company limited by Euarantee. Its Board of Directors and Trustees are all volunteers with a passion for Chamber Music. The Board are aware also of its obligations placed on it by Leicester Ciiy Council to provide a cultural experience for the benefit of the City, in return for which grants are received and a concert venue provided. The greatest financial risk remains continued challenges around ticket sales and grant funding a5 part of the organisation's recovery from the impact of Covid restrictions. LIMF'5 programme in 22123 featured live concerts only. and it is clear that audience number continue to increase. Recent lunchtime concerts given at New Walk Museum in 22123 gUlarlY attracted between 150 and 200 audience members- these are similar numbers to pre-covid audience number5. Page 9
Leicester International Music Festival Limited IA Company Limlted by Guarantee) LIMF's 23/24 Lunchtime Concert series has now completed, and the Board of Trustees are working towards its regular September festival slot and programming its 24125 Lunchtime Concert Series. Further financial risks revolve around the Charity's ability to meet its financial obligations. Costs are regularly reviewed by the Board at Board Meetings, which are held every 4-6 weeks. Cost variance explanations are provided to the Board and action taken wherever reductior)s can be made. No assumptions are made regarding the receipt of donations or sponsorship until received or formally committed. The current projections. based on the revised grant terms. shows that the Charity'5 cash position for the period up to September 2024 can be met, although the Charity will continue to generate 5UPPOrt from Donations and Sponsorship wherever possible. The 8oard is made up of a cross section of indNiduals with experience gained in Music, Education, Business and the Creative Industries. In 22123, LIMF welcomed three new Board Members. The Board is assisted by an experienced musician in the role of Artistic Director who has been in the role for a significant period of time. Programmes of events are prepared, costed and booked up to 12 months in advance. Selected programmes consist predomir)antly of Chamber musit with both UK and Internationally renowned artists. the costs for whith are Set on a commercial basis. The choice of music is important as its popularity will have a direct impact on the number of ticket sales and a good response will be even mo nece55ary in the future. Concerts are held in conjunction with LCC in the Leicester Museum in Leicester and the venue is provided 3$ part of the grant arrangements. Chving to capital works that are scheLluled to take place at the New Walk Museum. LIMF 15 looking to programme its events in 24125 in other local venues that suit its chamber mysic programme. The Board through its diverse members and regular meetings consider5 risks to the company's operations and takes the necessary actions to minimise such risks. TRUSTEES The Trustees received no remuneration or benefits for their contribution to the charity, and no Trustee was connected to afty artist professionally engaged by the chartty. The Board of TrLSStees incurred no governance costs in the running of the charity. Thi5 report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2(N)6 relating to small companie5. Approved by order of the board of trustees on 19 June 2024 and signed on its behalf by.. Lynn Simmonds Trustee Page 10
Leicester International Music Festival Limited IA Company Limited by Guarantee) Independent examinerfs report to the trustees of LeKester International Music Festival Limlted {A Company Limited by Guarantee) I'the Companv) I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2023. Responsibilities and basis of report As the tharity's trustees of the Compary land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 20061'the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's atcounts os carried out under section 145 of the Charities Act 20111.the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examinerf5 ststement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting record5 were not kept in respect of the Company as required by section 386 of the 2006 Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirement5 of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered a5 part of an independent examination- or the accounts have not been prepared in atcordance with the methods ènd principles of the Statement of Recommended Practice for accounting and reporting by charities13pplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable ir) the UK and Republic of Ireland IFRS 10211. I have no concerns arbd have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Martin Burrows, Chartered Accountant 46 Harvest Way 8roughton Astlev Leicestershire LE9 6WL 19 June 2024 Page 11
Leicester International Music Festival Limited (A Company Lirnited by Guarantee) Statement of Financlal Activities for the Year Ended 30 September 2023 30.9.23 Unrestricted fund 30.9.22 Unrestricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 12,364 17,363 Charitable activities Grant funding- Leicester City Council Other Grant funding Festival and other income 5,OtJO 10,000 1.000 23,057 21,285 Total 41.421 48,648 EXPENDITURE ON Charitable adivitie5 Festival and other actlVLties 38,196 39,244 Total 38.196 39,244 NEf INCOME 3,225 9,404 RECONCILIATION OF FUNDS Total funds brought lorward 50.334 40,930 TOTAL FUNOS CARRIED FORWARD 53,559 50.334 The notes fomi part of these financial statements Page 12
Leicester International Music Festival Limited IA Company Limited by Guarantee) Balance Sheet 30 September 2023 30.9.23 Unrestricted fund 30.9.22 Unrestricted fund Notes CURRENT ASSETS Debtors Cash at bank 26,233 32,134 58,367 20,535 30,399 50,934 CREDITORS Amount5 falling due within one year {4.8081 16001 NET CURRENT ASSETS 53,559 50,334 TOTAL ASSETS LESS CURRENT LIABILITIES 53.559 50,334 NEf ASSErs 53.559 50,334 FUNDS Unrestritted funds 53,559 50,334 TOTAL FUNDS 53.559 50.334 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 ft)r the year ended 30 September 2023.The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006. The trustee5 acknowledge their responsibilities for lal ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Art 2006,. and Ibl preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statement5, $0 far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 19 June 2024 and were signed on its behalf by: Lynn Simmonds Trustee Page 13
Leicester International Music Festival Limited IA Company Umited by Guarantee) Notes to the Financial Statements for the Year Ended 30 September 2023 I. ACCOUNTING POLICIES Basis of preparing the financial staternents The financial statements of the charitable company, which is a public benefit entity under FRS 101, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Aeporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20151,, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 21x16. The financial statements have been prepared under the historical cost convention. The charitable company has taken advanta£e of the following disclosure eyemptions in preparing these rinancial statements. as permitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,: The requirements of Section 7 Statement of Cash Flows. Income All income 15 recognised in the Statement of Financial Activities once the charity has entitlement of the funds, it is probable that the income will be received and the amount can be measured reliably. No amount is included in the financial statements for volunteer time in line with the SORP IFRS 1021. Further detail is given in the Trustees, Annual Report. Income from the trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. The charity receives government grants in respect of festivals. Income from government and other grants are recogni5ed at fair value when the charity has entitlement after any performance condition5 have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Expenditure Liabilities are recognised a5 expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all c05t related to the category. Where cost5 cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Taxation The charity is exempt from corporation tax on its charrtable actNities. Page 14
Leicester International Music Festival Limited IA Company Limited by Guarantee) Fund accounting Unrestricted funds can be used in accordance with the charitable objectNes at the discretion of the trustees. Restrirted funds can only be used for particular $tritted purposes within the objetts of the charity. Restrictioris arise when specified by the donor or when fund5 are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Debtors and creditor5 receivablelpayable within one year Debtors and creditors are stated at transartion price. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and cash on deposit. Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertèintie5 exist. 2. DONATIONS AND LEGACIES 30.9.23 30.9.22 'Friend of the FestNal' donations Other donations Donations 2,628 9.736 12.364 5,290 12,073 17,363 3. CHARITABLE AcfiviTIES COSTS Festival and other income 30.9.23 30.9.22 Direct costs Isee note 41 Support Costs Isee note 51 37,474 722 38.196 37,607 1.637 39,244 4. DIREcf COSTS 30.9.23 30.9.22 Marketing Artistic director Artists fees, travel, accommodation Other staffing costs Venue hire and other production costs Other 1.696 8,000 23,694 2,012 1,898 174 37,474 1,093 25.832 2.682 37,607 Page 15
Leicester International Music Festi¥al Limited (A Company Limited by Guarantee) 5. SUPPORT COSTS 30.9.23 30.9.22 Governance costs Accountancy and legal fees Other costs Web site hosting Insurance Other 343 239 140 722 29 526 1,082 1,637 Total 722 1,637 6. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 30 September 2023. General running of the charity expenses amounting to £957 were reimbursed to two trustees12022- £1.581 reimbursed to two trustees). 7. AMOUNTS PAYABLE TO INDEPENDENT EXAMINER The amount paid to the ir7dependent examiner for the independent examination was Enil12022: £nill- 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.23 30.9.22 Gift aid Other debtors 1,969 24,264 26.233 1,125 19,410 20,535 9. CREDITOR5: AMOUNTS FALUNG DUE WITHIN ONE YEAR 30.9.23 30.9.22 Other creditors, including festival costs Deferred incorne 4,808 600 4.808 600 Page 16
Leicester International Music Festival Limited (A Cornpany Limited by Guarantee) 10. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 September 2023. 11. ULTIMATE CONTrOLLING PARTY The company is controlled by the trustees. Page 17