REGISTERED COMPANY NUMBER: 02380796 (England and Wales) REGISTERED CHARITY NUMBER: 702670 Unaudlted financlal Statements For the Year Ended 30 September 2024 lelcester Intematlonal Muslc Festlval Llmlted (A Company Umlted by Guarantee) AE5AF8ZE 2310612025 COMPANIES PIOUSE A7
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Contents of the Flnancial Statements For the Year Ended 30 September 2024 Reference and Admlnlstratlve Detalls Report of the Trustees 4tolO Independent Examlnerfs Report 11 Statement of Flnanclal Actlvltles 12 Balance Sheet 13 Notes to the Hnanclal Statements 14to17
Lelcester Internatlonal Muslc Festlval Limited (A Company Llmlted by Guarantee) Reference and Administrative Detalls for the Year Ended 30 September 2024 Trustees K A Rush (Chair) J Gull J C Ladlow (resigned 4 August 2024) L B Simmonds C A Taylor E C Turfus (appointed 17 September 2024) E A Williams G Willingdale-muston REGISTERED OFFICE LeKester Museum 53 New Walk Leicester Leicestershire LEI 7EA REGISTERED COMPANY NUMBER 02380796 (England and Wales) REGISTERED CHARir NUMBER 702670 INDEPENDENT EXAMINER Martin Burrows 46 Harvest Wav Broughton Astlev Leicestershire LE9 6WL Page 3
Lelcester Internatlonal Music Festival Limited (A Company Limited by Guarantee) Report of the Trustees for the Year Ended 30 September 2024 The trustees wl)o are also directors of the charity for the purpoape of thc Companic Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 effective l January 2015. The financlal statement reflects the income and expenditure of the Leicester International Music Festival held in September 2024 and lunchtime concerts that took place between October 2023 and May 2024. OBJECTIVES AND ACTIVITIES Objectlves and alms Tlie iliai-ity's principal aii)i is to enrich the cultural Ilfc of Lciceeter, Leiocrterahiro and Rutland by bringing to those localities established musicians of international, national and local standing to make music in a variety of contexts, and to broaden interest, understanding and audience base through educational and outreach programmes. The current objectives are: a) to organise and present an annual Festival, sustaining the core profile and identity of the company, and comprising: a core series of chamber muslc concerts by internatlonal, national and local musicians and ensernbles commissioned new works educational and outreach activities, which take place both within the Festival period and outside it new developments designed to reach new audiences, including youth participation. b) To rnaintain a year-round presence through related areas and events, particularly bv: suppIDE artistic and administrative support to Leicester City Museums Service in order to run their Lunchtime Concert series, and to develop music provision and music educat5on activitles within the Service organising fundraising and Friends, events organising live music events designed to ralse the profile of Leicester, Leicestershire and Rutland,attracting audiences from beyond the immediate region. The Board strives to provide a sound and efficient adrninistrative and financial base. The compafty is ommitted to ensuring equality of opportunity in all areas of its work. Significant actlvlties Leicester International Music Festival {LIMFI 23/24 season consisted of a range of exceptional quality and extremely enjoyable live music perforrnances and outreach opportunities, curated by Artistic Director, Nicholas Daniel OBE. LIMF delivered its annual September festival, nine Lunchtime Concerts and a range of outreach and participatory activities for children and young people across Leicestershire. Total audiences are estimated to be over 2,500. Page 4
Lelcester Internatlonal Muslc Festlval Llmlted (A Company Llmlted by Guarantee) Lunchtlme Concerts at New Walk Museum October 2023 to May 2024 LIMF launched its 23/24 season with its popular Lunchtime Concerts at Leicesterfs New Walk Museum in October 2023. LIMF'S popular concert series welcomed a range of exceptional soloists and ensembles to give live performances in the stunning setting of the New Walk Museum's Victorian Gallery. The Lunchtime Concert series featured 9 soloists and ensembles comprising: l. Thando Mjandana & Satoshi Kubo 2. Mlchael Foyle & Maksim Itsura 3. The Pelleas Ensemble 4. lyad Sughayer 5. Guildhall School of Music Winds 6. Chetham's School of Music 7. lyad Sughayer 8. Hélène Clément (Viola) & Alasdair Beatson (Piano) 9. Theo Platt (Baritone) & Keval Shah (Piano) Our education projects linked to the Lunchtime Concerts comprised: l. The Pelleas Ensemble gave inspiring and joul performances for primary school audiences In Leicester city. 2. The Chetham's School of Music hosted an inspiratnal masterclass with young local musicians who accessed music groups and ensembles managed by the local Music Education Hub. Lelcester Internatlonal Muslc Festlval - 19-21 September 2024 The Leicester International Music Festival presented the highest qualtty of muslc and musicians throughout its festival programme and featured expanded outreach and education initiatives. This year saw a focus on British Chamber Music, and featured: l. Three ticketed concerts featuring our festival artists, performed at venues such as Leicester Cathedral and Hansom Hall. 2. A Schools, Tour- where festival artists visited four schools in the Leicester City Council area 3. A Family Concert- free for all to attend- with a programme specifically aimed at younger audiences, performed at Hansom Hall 4. A special bespoke workshop for young people who attended an evenlng community group, dellvered at the Soft Touch Arts Café. The Composer in Residence was Elena Langer- a prolific composer of dramatic and often hurnorous music, familiar to audiences across Europe and America through her operative, vocal and orchestral pieces. We were joined by artists: l. Adarn Walker {flutel 2. Nicholas Daniel {oboe / core anglaise) 3. Hugo Hymas (tenor) 4. Carducci String Quartet 5. Katya Apekisheva {piano} 6. Ashok Klouda Icello) 7. Hilary Cronin (soprano) 8. Richard Gowers Iharpsichord) 9. Anna-Liisa Bezrodny (violin) Page 5
Leicester Internatlonal Music Festival Limited (A Company Limited by Guarantee) LIMF were unable to host events at Leicester Museum on New Walk owing to capital works. Therefore, we hosted events in other venues in the city, including an evening recital that launched the festival held in the beautiful setting of the Leicester Cathedral. Our first concert of the festival spotlighted British Chamber Music between 1920 and 2022 with performed works by 81iss, Warlock, fippett, Dring, Williams and Elena Langer. We were delighted to host our audiences, Friends and supporters in this exquisite settin& which felt the perfect setting to launch the festival. The Friday was an outreach day, which comprised a schools, tour and a performance at a drop-ln session at a community arts organisation. We engaged over 500 children and young people, giving performances and workshops at: l. Westgate Special School 2. Imperial Avenue Infant School 3. Uplands Infant School 4. Catherine Infant School 5. Soft Touch Arts On Saturday, we held our annual 'Music For All, family concert- a free event specifically prepared for young children and young music-lovers (e.g. those who play music in schools or community settings). It provided a relaxed introduction to ensemble music, encouraging listeners to enjoy the music in a way that felt comfortable to them. Many of the 100 audience that attended the Family Concert were signposted to the session through partnerships with Talent 25, City of Sanctuary and British Red Cross. We did rneet and greets with all groups and helped them to get settled and familiar wlth the space and the artist5, which all added to a welcorning, relaxed and enjoyable session of music. Our Friday evening concert was held in Hansom Hall. 'Stay, Oh Sweet... presented British Chamber Mus1¢ from Baroque to Contemporary composers, from Handel to J.C Bach and Maconchy to Langer. The final event of the Festival was a major concert of works by the Great British Composers - Purcell, Tippet, Britten, Vaughan Williams, Bax, and Langer. This concert featured Mind Garden- the final piece presented by our Composer in Residence, Elena Langer, and it finished with a performance of On Wenlock Edge by Ralph Vaughan Williams. We employed a festival coordinator to support delivery of the festlval and lead on the hugely successful outreach work we delivered. We want to thank the Cathedral and Hansorn Hall for hosting our festival for the first time whilst capital works are carried out at the Museum. We look forward to returning to the Museum soon. Wldenlng our audlences LIMF was able to offer young people who took part in education projects and outreach activities access to all our concerts via our free and subsidised ticket schemes. We also provided free tickets to those studying music at local further education colleges. We continue to widen our network across colleges based in Leicester and Leicestershire to increase awareness of our ticket schemes for music classes/groups. Also demonstrating our commitment to widen our audiences, LIMF'S social media engagement improved during this season, as we invested further in promoting our profiles on Facebook and Instagram. We made links to local arts charities and community groups to promote our activities. We continue to invest in social media advertising and importantly be in touch with our core audience, Friends and supporters. We were also grateful for the support of Leicester Events and Festivals team based at the Leicester City Council in supporting our audience engagement, especially promoting Our special family concert. Page 6
Lelcester Internatlonal Music Festlval Llmlted (A Company Llmited by Guarantee) Hnancial Informatlon This year, the LIMF Trustees approved a planned investment from our reserves to support the festival's ambitions and expand our outreach activities. This decision reflects that we recognised the rising costs of delivery owing to inflation, increased venue hire (due to capital works at Leicester Museum, which prevented us from benefiting from in-kind venue support), and higher artist fees driven by the cost-of- living crisi5. Despite these challenges, the Trustees remain encouraged by consistently positive audience feedback and are confident in the continued growth of attendance at live music events. LIMF will continue to strategically invest its reserves in 2025 to deliver a diverse programme that attracts both new and returning audiences, as well as re-engage Friends and donors who have not recently supported the festival. In addition, we are preparing applications to a range of Trusts and Foundations to support our programme particularly new commissions and our composers-in-residence initiative. Expenses in this financial year related to the staging of live concert performances such as artist fees (including expense5, travel and accommodation); production costs such as venue htre, piano tunings, Instrument hire; and marketing- primarily through social media sponsored posts. Our artistic programme in 23134 was well received 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, ensurlng that the Charlty is able to engage artists of the highest calibre. We also rernain grateful for the financial and in-kind support of the Leicester City Council and Leicester Museums and Galleries. Publlc benefit The Trustees have had regard to the Charity Commission's guidance on public benefit and to its supplernentary guidance on fee charging& and believe that the Charity complies with Charity Commission requirements. Audience members are presented with exciting and innovative performances of the highest quality, offering not only pleasurable cultural experiences, but also occaslonal 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 programmes are available online free of charge, and guide dogs are welcome. Induction loops improve the quality of sound for concertgoers with hearing difficulties. In setting ticket prices and charges, the Trustees glve careful consideration to the accessibility of the charity's concerts to those on low incorne5 and to young people. Concessionary 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. 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 also welcomed in all our projects and given training and sUPPOrt to enable them to work alongside the Trustees. The Trustees would like to thank all its volunteers for giving their time and commitment so generously in 23124. Page 7
Leicester Internatlonal Muslc Festlval Limited (A Company Limited by Guarantee) FINANCIAL REVIEW ReseNes policy At 30th September 2024 the company had Total Funds of £42,420, a planned reduction from the previous vear, which was £53,559. The Board continues to market its activities electronically and predominantly via social media advertising. It continues to reduce concert literature and rnake programrne 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 high-quality ¢oncert5. STRucfuRE, GOVERNANCE AND MANAGEMENT Governlnc document Leicester International Music Festival Limited is a Registered Charity, No. 702670. The charity is a companv limited by guarantee registered at Companies House in England and Wales, No. 2380796.lts governing document is its Memorandum and Articles of Associatlon.. thls places no specific restriction on the way the company can operate or on its investment powers other than that the company is established for charitable purposes. Recrultment and appolntment of new Trustees Trustees are recrulted through professional and business contacts: expressions of interest are also sought 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 being, 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 Board 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 re-electlon. Organlsatlonal 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 delegate to a professional Artistic Director the tasks involved in achieving the alm5 of the company. The Artistic Director consults, on an ad hoc basis, individual Trustees who offer expertise in various areas, and reports to the full Board of Trustees. The Festival office is based in the Leicester Museum and Art Gallery. Board5 of Trustees meet on a regular basis and all decisions on agenda items are taken by vote. Trustees are the chair, treasurer, secretary, and 8oard members with assigned responsibilities, such as leading on education and outreach opportunities. These meetings are held online and face-to-face. Page 8
Lelcester Internatlonal Muslc Festlval Llmlted (A Company Llmlted by Guarantee) Induction and trainin8 of new Trustees A formal policy of Trustee training and induction was introduced and implemented in July 2021. in accordance with Charity Comrnission guidance. Rlsk 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 reglstered Charity and a company limited by guarantee. 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 City Council to provide a cultural experience for the benefit of the City, in return for which grants are recelved and a concert venue provided. The greatest financial risk remains continued challenges around ticket sales and grant funding as part of the organlsation's recovery from the impact of Covid restrictions. LIMF'S programrne in 23124 featured live concerts only, and it is clear that audience number continue to increase. Lunchtime concerts given at New Walk Museum in 23124 regularly attracted between 150 and 200 audience members-these afe similar numbers to pre-covid audience numbers. LIMF'S 24125 Lunchtime Concert serles was held at Hansom Hall and has now cornpleted, and the 8oard of Trustees are working towards its regular September testlval slot and programmlng its 25/26 Lunchtime Concert Series at Hansom Hall. Further financial risks revolve around the Charlty's ability to meet Its financial obllgatlons. 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 reductions 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's cash position for the period up to September 2025 can be met, although the Charity will continue to generate 5UPPOrt from Donatlons and Sponsorship wherever possible. The Board is made up of a cross section of individuals with experience'gained in Music, Education, Business and the Creative Industries. In 23/24, LIMF welcomed one new Board Member. 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 prograrnmes consist predominantly of Chamber music with both UK and Internationally renowned artists, the costs for which 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 more necessary in the future. Concerts were held in conjunction with LCC in the Leicester Museum in Leicester. Owing to capital works taking place at the New Walk Museum, LIMF programmed its 24125 concerts in Hansom Hall. At the time of writing, this arrangement is set to continue into 25/26. The Board through its diverse members and regular meetings considers risk5 to the company's operations and takes the necessary actions to minimise such risks. Page 9
Lelcester Internatlonal Music Festival Llmlted (A Company Limited by Guarantee) TRUSTEES The Trustees received no remuneration or benefits for their contribution to the charity, and no Trustee was connected to any artist professionally engaged by the charity. The Board of Trustees incurred no governance costs in the running of the charity. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 19 June 2025 and signed on its behalf by: Lynn Slmmonds Trustee Page 10
Lelcester Internatlonal Muslc Festlval Llmlted (A Company Limlted by Guarantee) Independent exarnlnerfs report to the trustees of Lelcester Internatlonal Muslc Festlval Llmlted (A Company Llmlted by Guarantee) ('the Companv) I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2024. Responslbilitles and basls of report As the charitVs trustees of the Company {and 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 Companies Act 2006 {'the 2006 ACV). Having satlsfied 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 accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Independent examlnerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination 8ivin8 me cause to believe: accounting records were not kept in respect of the Company as required by section 386 of the 2006 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requlrements of sectlon 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter'considered as part of an independent exarnlnation; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)). I have no concerns and 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 Broughton Astley Leicestershire LE9 6WL 19 June 2025 Page 11
Leicester Internatlonal Music Festival Llmlted (A Company Llmlted by Guarantee) Statement of Financlal Actlvitles for the Year Ended 30 September 2024 30.9.24 Unrestricted fund 30.9.23 Unrestricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 11,988 12,364 Charltable attivltles Grant funding- Leicester City Councsl Other Grant funding Festival and other income 5,000 5,000 1,000 23,057 26,059 Total 43,047 41,421 EXPENDITURE ON Charltable actlvltles Festival and other activities 54,186 38,196 Total 54,186 38,196 NET (EXPENSE)IINCOME 111,139) 3,225 RECONCILIATION OF FUNDS Total funds brought forward 50,334 TOTAL FUNDS CARRIEO FORWARD 42.420 53,559 The notes forrn part of these financial statements Page 12
Le1$ter International Muslc Festlval Llmlted (A Company Llmlted by Guarantee) Balance Sheet 30 September 2024 30.9.24 Unrestricted fund 30.9.23 Unrestricted fund Notes CURRENT ASSETS Debtors Cash at bank 6,813 42,456 49,269 26,233 32,134 58,367 CREDITORS Amounts falling due within one year (6,849) (4,808) NET CURRENT ASSETS 42,420 53,559 TOTAL ASSETS LESS CURRENT LIABILITIES 42,420 53,559 NET ASSErs 42,420 53,559 FUNDS Unrestricted funds 42,420 53,559 TOTAL FUNDS 42,420 53,559 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.The rnembers have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companles Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply wlth Sections 386 and 387 of the Companie5 Act 2006,. and (b) 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 requlrements of the Companies Act 2006 relating to financial statements, so 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 2025 and were slgned on its behalf by: Lynn Simmonds Trustee Page 13
Lelcester International Music Festival Limlted (A Company Limited by Guarantee) Notes to the Flnanclal Statements for the Year Ended 30 September 2024 I. ACCOUNTING POLICIES Basls of preparlng the financlal statements 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 (FRS 102) 'Accountlng and Reportlng by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) {effective l January 2015),, Financial Reporting Standard 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 The Flnancial Reporting Standard applicable in the VK and Republlc of Ireland,: The requirements of Section 7 Staternent of Cash Flows. Income All income Is recognlsed in the Statement of Financial Activities once the charity has entitlement of the funds, it is probable that the incorne 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 102). Further detall Is given in the Trustees, Annual Report. Income from the tradlng activitles 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 recognised at fair value when the charity has entitlement after any performance conditions 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. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation cornmitting the charity to that expenditure, it is probable that a transfer of econornic benefits will be required in settlement and the amount of the obli8ation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs 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 charitable activities. Page 14
Lelcester Internatlonal Muslc Festlval Limited (A Company Llmlted by Guarantee) Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes withln the objects of the charity. Restrictions arise when specified by the donor or when funds 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 credltors recelvablelpayable wlthln one year Debtors and creditors are stated at transaction price. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and cash on deposit. Golng concern The financlal statements have been prepared on J going concern basis as the trustees belleve that no material uncertainties exist. 2. DONATIONS AND LEGACIES 30.9.24 30.9.23 'Friend of the Festival, donations Other donations Donations 2,433 9,555 11,988 2,628 9,736 12,364 3. CHARITABLE AcfiviTIES COSTS Festlval and other Income 30.9.24 30.9.23 Direct costs {see note 41 Support costs (see note 5) 53,292 894 54,186 37,474 722 38,196 4. DIRECT COSTS 30.9.24 30.9.23 Marketing Artistlc director Artists fees, travel, accommodation other stsffing costs Venue hire and other production costs Other 2,485 8,500 36,624 2,000 3,314 369 53,292 1,696 8,000 23,694 2,012 1,898 174 37,474 Page 15
Leicester Intematlonal Muslc Festival Limited (A Company Llmlted by Guarantee) 5. SUPPORT COSTS 30.9.24 30.9.23 Governance costs Accountsncy and legal fees Other costs Web site hosting Insurance Other 306 543 45 894 343 239 140 722 Total 894 722 6. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 September 2024. General running of the charity expenses amounting to £613 were reimbursed to two trustees12023: £9S7 reimbursed to two trustees). 7. AMOUNTS PAYABLE TO INDEPENDENT EXAMINER The arnount paid to the independent examiner for the independent examination was £nil (2023: £nil). 8. DEBTORS: AMouNfs FALLING DUE WITHIN ONE YEAR 30.9.24 30.9.23 Glft ald Other debtors 1,969 24,264 26,233 6,813 6,813 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.24 30.9.23 Other creditors, including festival costs Deferred income 6,849 4,808 6,849 4,808 Page 16
Lelcester Internatlonal Muslc Festlval Limlted IA Company Llmlted by Guarantee) 10. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 September 2024. 11. ULTIMATE CONTROLLING PARTY The company is controlled by the trustees. Page 17