| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 |
| FOR |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 |
| FOR |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 OCTOBER 2025 |
| Page |
| Report of the Trustees | 1 | to | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 | to | 5 |
| Notes to the Financial Statements | 6 | to | 9 |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL (REGISTERED NUMBER: 04108406) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 OCTOBER 2025 |
| The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 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 2019). |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| The organisation's objectives are to promote and advance the education of the public generally in the study and practice of the arts of music, poetry, acting, dancing, literature and similar arts in all their branches and the cultivation of public appreciation of those arts, in particular by means of presenting an annual music festival in Alnwick. |
| In setting our objectives and planning our activities the trustees have given careful consideration to the Charity Commission’s general guidance on public benefit. |
| Public benefit |
| The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's purposes for the public benefit and in planning future activities. |
| STRATEGIC REPORT |
| Achievements and performance |
| Charitable activities |
| Plans were to collaborate to deliver a live event in 2025. Unfortunately, our prime venue was under new contractual obligations, and the Market Place was unavailable for an event of our scale. Despite searching for alternatives our collaborative partners decided not to run an event. A concern facing the Trustees is recruiting other trustees and volunteers to both assist with the planning and set up as well as delivering our stand alone event Due to this along with ill health of Trustees and unforeseen circumstances with the locations traditionally used. Consequently a decision was made not to run an extended event in 2025 due to operational and financial considerations. |
| Future plans |
| In 2026, plans are to review the future operations of the festival. Offering individual events at a established venue such as the Playhouse are being considered rather than the collaboration with other organisations to deliver joint ventures. Working in collaboration with young people we are investigating funding the tuition and promotion of the traditional arts. |
| These options will ease the demands on the Trustees, festival committee and volunteer work force, while still contributing to the maintenance of traditional music and culture in the area. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| Alnwick International Music Festival is a registered charity and a company limited by guarantee as defined by the Companies Act 2006. Under the memorandum and articles of association with which the organisation is governed, the charity has the power to make any investment which the trustees see fit. |
| Recruitment and appointment of new trustees |
| Trustees are appointed by existing trustees who serve throughout the year. The trustees meet monthly and a treasurer is appointed by the trustees to handle the day-to-day finances of the charity. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL (REGISTERED NUMBER: 04108406) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 OCTOBER 2025 |
| Registered office |
| Trustees |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL |
| STATEMENT OF FINANCIAL ACTIVITIES |
| FOR THE YEAR ENDED 31 OCTOBER 2025 |
| 2025 | 2024 |
| Unrestricted | Restricted | Total | Total |
| fund | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| EXPENDITURE ON |
| Charitable activities |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 14,133 |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL (REGISTERED NUMBER: 04108406) |
| BALANCE SHEET |
| 31 OCTOBER 2025 |
| 2025 | 2024 |
| Unrestricted | Restricted | Total | Total |
| fund | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 7 |
| Unrestricted funds | 14,133 |
| TOTAL FUNDS | 14,133 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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. |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL (REGISTERED NUMBER: 04108406) |
| BALANCE SHEET - continued |
| 31 OCTOBER 2025 |
| 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 |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 OCTOBER 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 102, 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 2019)', 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. |
| 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. |
| Tangible fixed assets |
| Equipment is stated at cost less accumulated depreciation and impairment losses. Depreciation is calculated on the depreciable amount of each asset, being its cost less its estimated residual value, over its estimated useful life. |
| 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. 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. |
| 2. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024. |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2025 |
| 3. | STAFF COSTS |
| There were no employees, and no staff costs for the year ended 31 October 2025 nor for the year ended 31 October 2024. |
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| fund | fund | funds |
| £ | £ | £ |
| EXPENDITURE ON |
| Other |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | 14,409 | - |
| TOTAL FUNDS CARRIED FORWARD | 14,133 | - | 14,133 |
| 5. | TANGIBLE FIXED ASSETS |
| Equipment |
| £ |
| COST |
| At 1 November 2024 and 31 October 2025 |
| DEPRECIATION |
| At 1 November 2024 and 31 October 2025 |
| NET BOOK VALUE |
| At 31 October 2025 |
| At 31 October 2024 |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Accrued expenses |
| 7. | MOVEMENT IN FUNDS |
| Net |
| At | movement | At |
| 1.11.24 | in funds | 31.10.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 14,133 | (352 | ) | 13,781 |
| TOTAL FUNDS | (352 | ) | 13,781 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | - | (352 | ) | (352 | ) |
| TOTAL FUNDS | ( |
) | (352 | ) |
| Comparatives for movement in funds |
| Net |
| At | movement | At |
| 1.11.23 | in funds | 31.10.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 14,409 | (276 | ) | 14,133 |
| TOTAL FUNDS | 14,409 | (276 | ) | 14,133 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | - | (276 | ) | (276 | ) |
| TOTAL FUNDS | - | (276 | ) | (276 | ) |
| ALNWICK INTERNATIONAL MUSIC FESTIVAL |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2025 |
| 7. | MOVEMENT IN FUNDS - continued |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| At | movement | At |
| 1.11.23 | in funds | 31.10.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 14,409 | (628 | ) | 13,781 |
| TOTAL FUNDS | 14,409 | (628 | ) | 13,781 |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | - | (628 | ) | (628 | ) |
| TOTAL FUNDS | - | (628 | ) | (628 | ) |
| 8. | RELATED PARTY DISCLOSURES |