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
#116

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:
supp￿IDE 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 jo￿ul performances for primary school audiences In Leicester
city.
2. The Chetham's School of Music hosted an inspirat￿nal 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