**REGISTERED COMPANY NUMBER: 02380796 (England and Wales) REGISTERED CHARITY NUMBER: 702670**
## **Unaudited Financial Statements**
**For the Year Ended 30 September 2025 for**
**Leicester International Music Festival Limited**
**(A Company Limited by Guarantee)**
**Contents of the Financial Statements For the Year Ended 30 September 2025**
|**Reference and Administrative Details**|**3**|
|---|---|
|**Report of the Trustees**|**4 to 9**|
|**Independent Examiner’s Report**|**10**|
|**Statement of Financial Activities**|**11**|
|**Balance Sheet**|**12**|
|**Notes to the Financial Statements**|**13 to 16**|
**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **Reference and Administrative Details for the Year Ended 30 September 2025**
Trustees K A Rush (Chair) J Gull (resigned 10 March 2026) L B Simmonds C A Taylor E C Turfus E A Carpenter (formerly E A Williams) G Willingdale-Muston REGISTERED OFFICE Leicester Museum 53 New Walk Leicester Leicestershire LE1 7EA REGISTERED COMPANY 02380796 (England and Wales) NUMBER REGISTERED CHARITY 702670 NUMBER INDEPENDENT EXAMINER Martin Burrows 46 Harvest Way Broughton Astley Leicestershire LE9 6WL
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **Report of the Trustees for the Year Ended 30 September 2025**
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 2025. 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 102) effective 1 January 2015.
The financial statement reflects the income and expenditure of the Leicester International Music Festival held in September 2025 and lunchtime concerts that took place between October 2024 and May 2025.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity’s principal aim is to enrich the cultural life of Leicester, Leicestershire 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:
## **1. to organise and present an 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 outreach activities, which take place both within the Festival period and outside it
- new developments designed to reach new audiences, including youth participation.
## **2. To maintain a year-round presence through related areas and events, particularly 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.
## **Significant activities**
Leicester International Music Festival (LIMF) 24/25 season consisted of a range of exceptional quality and extremely enjoyable live music performances and outreach opportunities, curated by Artistic Director, Nicholas Daniel OBE.
LIMF delivered its annual September festival, 12 Lunchtime Concerts and a range of outreach and participatory activities for children and young people across Leicestershire. Total audiences are estimated to be over 3,400.
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **Lunchtime Concerts at New Walk Museum October 2024 to June 2025**
LIMF launched its 24/25 season with its popular Lunchtime Concerts at Leicester’s Hansom Hall in October 2024. LIMF’s popular concert series welcomed a range of exceptional soloists and ensembles to give live performances in Leicester’s Hansom Hall—a hidden gem of a concert venue, based at the Leicester Adult Education Centre.
The Lunchtime Concert series featured 12 soloists and ensembles comprising:
1. Ivana Gavric (Piano)
2. Trio Bohemo (piano trio)
3. Fibonacci Quartet (string quartet)
4. Jack Hancher (guitar)
5. Rebecca Caine (soprano)
6. Mathilde Milwidsky & Huw Watkins (violin & piano)
7. Nicholas Daniel & Julius Drake (oboe & piano)
8. Jess Dandy & Keval Shah (contralto & piano)
9. Junction T
10. Sacconi Quartet
11. Fiachra Garvey
12. Oliver Pashley & George Fu (clarinet & piano)
In support of our Lunchtime Concert Series, we are grateful to the Fidelio Trust for its support towards the commissions of Philip Cashian’s multi-movement work _Fiction_ and Zoë Martlew’s _Pyrrhos_ , which were premiered at the final concert of the 2025 lunchtime series on Friday 27 March 2025.
Linked to our lunchtime concert series, the Sacconi Quartet led an inspiring outreach day. At South Wigston High School, Year 10 GCSE students explored professional techniques through music by Haydn, Ravel and Jonathan Dove, before hearing their own compositions performed live by the quartet—an incredibly impactful experience. Afterward, Montrose Primary School’s Year 1 and 2 classes enjoyed interactive concerts and hands-on conducting.
## **Leicester International Music Festival – 17–20 September 2025**
The 2025 Leicester International Music Festival engaged over 1,800 people and combined high-quality chamber music performance with a strong programme of outreach, family activity and young people’s development. In addition to the continued generous support of our Friends and donors, the Trustees are grateful to Leicester City Council for its continued support and also the support of The Leche Trust and Vaughan Williams Foundation, which helped us deliver a more ambitious festival and extend our reach across the city.
The festival’s core activities included:
1. Three ticketed concerts – two evening concerts and one lunchtime concert – held at Hansom Hall.
2. A special world premiere performance of _Still Life_ by Emma-Ruth Richards, with Q&A and a friends’ reception at Attenborough Arts Centre.
3. A schools’ tour and community outreach programme, with festival artists visiting two schools and a retirement community within the Leicester City Council area.
4. A free family concert at Hansom Hall, specifically tailored to younger and first-time listeners of classical music.
5. A piano masterclass for three young Leicester pianists aged 16–18, delivered by Charles Owen and open to the public.
The 2025 composer-in-residence was Emma-Ruth Richards. Her residency included the world premiere of _Still Life_ and three further works in the festival programme, strengthening LIMF’s commitment to supporting composers, underrepresented voices in classical music and emerging talent. Support from The
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
Leche Trust and Vaughan Williams Foundation helped make this strand of work possible.
On stage, our Artistic Director, Nicholas Daniel OBE were joined by festival artists including:
1. Anna-Liisa Bezrodny (violin)
2. Ashok Klouda (cello)
3. Charles Owen (piano)
4. Lizzie Ball (violin)
5. Rachel Roberts (viola)
6. Jan-Erik Gustafsson (cello)
7. Gemma Rosefield (cello)
8. Lynda Houghton (double bass)
Across the festival, audiences experienced a distinctive blend of established chamber repertoire and contemporary work. The programme combined familiar music, including Schubert and Ravel, with new work by Emma-Ruth Richards, and the premiere of _Still Life_ brought together oboe, viola and cello with live visuals in a setting particularly suited to Attenborough Arts Centre.
The schools and outreach programme engaged around 780 young people and extended our reach out into communities where access to live classical music may otherwise be limited. This programme included interactive performances by Anna-Liisa Bezrodny and Jan-Erik Gustafsson at Uplands Infant School and Montrose Primary School, as well as a performance for approximately 80 residents at Wyggeston’s Hospital Residential Care Home. The public piano masterclass delivered by Charles Owen supported three young local pianists aged 16–18 and was attended by around 40 audience members following the lunchtime concert.
The 2025 Family Concert welcomed approximately 100 attendees. We promoted the opportunity to the public and also through partner organisations including Talent25 and direct engagement with Soft Touch Arts, Highfields and Belgrave Community Centres, Spark Arts, Attenborough Arts, the British Red Cross and City of Sanctuary. The concert retained an open, welcoming format, with informal meet-and-greet support from festival staff and volunteers, and enabled children and families to engage actively with the music.
Audience feedback highlighted the ambition of the programme, including the additional festival day dedicated to the premiere performance, and the accessibility of the family concert for first-time and younger listeners. The Trustees were particularly pleased by the level of participation across family and outreach activity and by the opportunity for young audiences to meet performers and a contemporary composer directly.
Promotion was further supported through social media, Eventbrite listings, a Talent25 feature and a radio discussion by the Artistic Director on Soar Sound’s _Spotlight on Art_ . The collaboration with Attenborough Arts Centre also helped LIMF connect with audiences interested in contemporary and experimental work.
## **Widening our audiences**
Leicester City Council support continues to play a crucial role in enabling LIMF to reach a wide and diverse audience across Leicester. In 2025, audience development activity included schools and community performances, family-focused work, ticketed concerts and development opportunities for young musicians. Access for young people was further supported through our continued offer of free tickets for under-25s.
Activities such as the world premiere and post-concert discussion, school workshops, the public masterclass and the family concert enabled audiences to engage directly with performers and the creative process. These strands helped LIMF deepen audience experience while also reaching new participants and broadening access to classical music in the city.
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
We are grateful to Leicester City Council, Attenborough Arts Centre, Hansom Hall and our wider delivery partners for helping us present a festival that combined artistic quality, new work, outreach and meaningful audience development.
## **Financial Information**
This financial 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 our commitment to our charitable objectives despite the rising costs of delivery owing to inflation, and a desire to maintain competitive artist fees during the cost-of-living crisis. This strategy, coupled with challenges experienced in the fundraising landscape, resulted in a higher utilisation of reserves in 24/25 than in previous years.
To ensure long-term financial sustainability following this investment, the Trustees have adjusted our forward strategy. We plan to reduce the festival programme in 2026, allowing us to project a significantly lower reliance on our reserves in 25/26.
Despite these adjustments, the Trustees remain encouraged by consistently positive audience feedback and are confident in the continued growth of attendance at live music events. LIMF will strategically utilise its remaining resources in 2026 to deliver a focused, diverse programme that attracts both new and returning audiences, while actively re-engaging Friends and donors who have not recently supported the festival.
Expenses in this financial year related to the staging of live concert performances such as Artist Fees (including expenses, travel, and accommodation); production costs such as piano tunings and instrument hire; and marketing—primarily through Facebook sponsored posts.
The Charity's funds were assisted by a number of vital donations and sponsorships, for which the Trustees continue to be grateful, ensuring the Charity is able to engage artists of the highest calibre. We also remain grateful for the financial and in-kind support of the Leicester City Council and Leicester Museums and Galleries.
## **Public benefit**
The Trustees 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 presented with exciting and innovative performances of the highest quality, offering not only pleasurable cultural experiences, but also occasional 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 give careful consideration to the accessibility of the charity's concerts to those on low incomes and to young people. Concessionary prices are available for fulltime 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 24/25.
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **FINANCIAL REVIEW**
## **Reserves policy**
At 30th September 2025, the company had total funds of £27,037, a reduction from the previous year, which stood at £42,420. The Trustees had planned to utilise reserves in this financial year to support the festival's ambitions. However, challenges in fundraising and income generation for our 2025 festival meant that a higher amount of reserves was required to be invested. Nonetheless, the remaining balance remains above our Reserves Policy, which ensures the Charity maintains sufficient financial resilience to support its existing agreements and operational commitments.
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 concerts.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Leicester International Music Festival Limited is a Registered Charity, No. 702670. The charity is a company limited by guarantee registered at Companies House in England and Wales, No. 2380796. Its governing document is its Memorandum 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 established for charitable purposes.
## **Recruitment and appointment of new Trustees**
Trustees are recruited 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-election.
## **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 delegate to a professional Artistic Director the tasks involved in achieving the aims 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.
The Board of Trustees meet on a regular basis and all decisions on agenda items are taken by vote. Trustees are the chair, treasurer, secretary, and Board members with assigned responsibilities, such as leading on education and outreach opportunities. These meetings are held online and face-to-face.
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **Induction and training of new Trustees**
A formal policy of Trustee training and induction was introduced and implemented, 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 guarantee. Its Board of Directors and Trustees are all volunteers with a passion for music and the local community. 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 received and a concert venue provided.
The greatest financial risk remains continued challenges around ticket sales and grant income. LIMF’s programme in 24/25 featured live concerts only, and audience numbers continue to increase. Lunchtime concerts given at Hansom Hall 24/25 regularly attracted between 150 and 200 audience members.
LIMF 25/26 Lunchtime Concert series was held at Hansom Hall and has now completed, and the Board of Trustees are working towards its regular September festival slot and programming its 25/26 Lunchtime Concert Series. These concerts are due to take place in the Victorian Gallery at Leicester Museum and Art Gallery on New Walk.
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 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 2026 can be met, although the Charity will continue to generate support from Donations 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. 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 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. The Board through its diverse members and regular meetings considers 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 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 15 June 2026 and signed on its behalf by:
Lynn Simmonds Trustee
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **Independent examiner’s report to the trustees of Leicester International Music Festival Limited (A Company Limited by Guarantee) (‘the Company’)**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘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 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 examiner’s statement**
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:
1. accounting records 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 requirements 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 as part of an independent examination; 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 (FRS 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
15 June 2026
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **Statement of Financial Activities for the Year Ended 30 September 2025**
|||30.9.25||30.9.24|
|---|---|---|---|---|
|||Unrestricted||Unrestricted|
|||fund||fund|
||Notes||||
|**INCOME AND**|||||
|**ENDOWMENTS FROM**|||||
|Donations and legacies|2|7,092||11,988|
|**Charitable activities**|||||
|Grant funding – Leicester||5,000||5,000|
|City Council|||||
|Other Grant funding|3|10,000||-|
|Festival and other income||22,602||26,059|
|**Total**||44,694||43,047|
|**EXPENDITURE ON**|||||
|**Charitable activities**|||||
|Festival and other|4|60,077||54,186|
|activities|||||
|**Total**||60,077||54,186|
|**NET (EXPENSE)/INCOME**||(15,383)||(11,139)|
|**RECONCILIATION OF**|||||
|**FUNDS**|||||
|**Total funds brought**||42,420||53,559|
|**forward**|||||
|**TOTAL FUNDS CARRIED**||27,037||42,420|
|**FORWARD**|||||
The notes form part of these financial statements
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **Balance Sheet 30 September 2025**
|||30.9.25||30.9.24|
|---|---|---|---|---|
|||Unrestricted||Unrestricted|
|||fund||fund|
||Notes|£||£|
|**CURRENT ASSETS**|||||
|Debtors|9|6,135||6,813|
|Cash at bank||23,185||42,456|
|||29,320||49,269|
|**CREDITORS**|||||
|Amounts falling due within one|10|(2,283)||(6,849)|
|year|||||
|**NET CURRENT ASSETS**||27,037||42,420|
|**TOTAL ASSETS LESS CURRENT**||27,037||42,420|
|**LIABILITIES**|||||
|**NET ASSETS**||27,037||42,420|
|**FUNDS**|||||
|Unrestricted funds||27,037||42,420|
|**TOTAL FUNDS**||27,037||42,420|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies 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 requirements 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 15 June 2026 and were signed on its behalf by:
Lynn Simmonds Trustee
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
**Notes to the Financial Statements for the Year Ended 30 September 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial 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) ‘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 102) (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The 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 Financial Reporting Standard applicable in the UK and Republic of Ireland’:
- The requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is 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 (FRS 102). 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 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.
## **Expenditure**
Liabilities are recognised as 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 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.
## **Fund accounting**
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 within the objects of the charity.
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
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 creditors receivable/payable within one year**
Debtors and creditors are stated at transaction 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 uncertainties exist.
|**2.**|**DONATIONS AND LEGACIES**||||
|---|---|---|---|---|
|||30.9.25||30.9.24|
|||£||£|
||''Friend of the Festival' donations|2,553||2,433|
||Other donations|4,539||9,555|
||Donations|7,092||11,988|
|**3.**|**OTHER GRANT FUNDING**||||
|||30.9.25||30.9.24|
|||£||£|
||Fidelio Trust|1,000||-|
||Vaughan Williams Foundation|5,000||-|
||The Leche Trust
Donations|4,000
10,000||-
-|
|**4.**|**CHARITABLE ACTIVITIES COSTS**||||
||**Festival and other income**||||
|||30.9.25||30.9.24|
|||£||£|
||Direct costs (see note 5)|59,181||53,292|
||Support costs (see note 6)|896||894|
|||60,077||54,186|
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **5. DIRECT COSTS**
||30.9.25||30.9.24|
|---|---|---|---|
||£||£|
|Marketing|478||2,485|
|Artistic director|8,500||8,500|
|Artists fees, travel, accommodation|44,007||36,624|
|Other staffing costs|3,107||2,000|
|Venue hire and other production costs|3,089||3,314|
|Other|-
59,181||369
53,292|
|**SUPPORT COSTS**||||
||30.9.25||30.9.24|
||£||£|
|**Governance costs**||||
|Accountancy and legal fees|-||-|
|**Other costs**||||
|Web site hosting|268||306|
|Insurance|566||543|
|Other|62||45|
||896||894|
|**Total**|896||894|
## **6. SUPPORT COSTS**
## **7. TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustees remuneration or other benefits for the year ended 30 September 2025.
General running of the charity expenses amounting to £268 was reimbursed to one trustee (2024: £613 reimbursed to two trustees).
## **8. AMOUNTS PAYABLE TO INDEPENDENT EXAMINER**
The amount paid to the independent examiner for the independent examination was £nil (2024: £nil).
## **9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||30.9.25||30.9.24|
|---|---|---|---|
||£||£|
|Gift aid|886||-|
|Other debtors|5,249||6,813|
||6,135||6,813|
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**Leicester International Music Festival Limited (A Company Limited by Guarantee)**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||30.9.25||30.9.24|
|---|---|---|---|
||£||£|
|Other creditors, including festival costs|2,283||6,849|
|Deferred income|-
2,283||-
6,849|
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 September 2025.
## **12. ULTIMATE CONTROLLING PARTY**
The company is controlled by the trustees.
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