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|Contents||Pacae|
|---|---|---|
|Trustees and Other Information|||
|Trustees'
Report|||
|Independent
Examiners'|Report to the Trustees||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||6to8|
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##
|Trustees|||G Vass|
|---|---|---|---|
||||KT Hatfield|
||||L BS Hungate|
||||C N Lane|
||||D H Keyser|
||||E L Lilley|
||||JATrew|
|Secretary|||A Giles|
|Registered|Office||1 St Mary's Street|
||||Ross-on-Wye|
||||Herefordshire|
||||HR9 5HT|
|Company|Number||02952926|
|Registered|Charity|Number|1039968|
|Accountants|||Thorne 8 Co.|
||||1 St Mary's Street|
||||Ross-on-Wye|
||||Herefordshire|
||||HR9 5HT|
|Bankers|||HSBC Pic|
||||The Cross|
||||1 Broad Street|
||||Newtown|
||||Powys|
||||SY162LX|
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||||||31.12.21|31.12,20|
|---|---|---|---|---|---|---|
|||Note|Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
|Incomln
Resources|||||||
|Voluntary
Income|||||||
|Grants,
Donations etc.|||127,451|3,277|130,728|98,893|
|Investment
Income|||||||
|Interest Receivable|||||1|26|
||||127,452|3,277|130,729|98,919|
|Incoming
Resources
from|||||||
|Charitable
Activities|||||||
|Income from Festival Activities|||27,740||27,740|3,230|
|Total Incomin
Resources|||155,192|3,277|158,469|102,149|
|Resources Expended|||||||
|Charitable
Activities|||||||
|Direct Festival Expenditure||5/7/8|145,882|2,047|147,929|111,538|
|Governance
Costs||6|1,200||1,200|1,200|
|Total Resources Expended|||147,082|2,047|149,129|112,738|
|Net lncomln
Resources|Ex endlture||8,110|1,230|9,340|(10,589)|
|Transfer between
Funds|||(8,110)|8,110|0||
|Total Funds at 1stJanuary|2021||3,080|25,957|29,037|39,626|
|Total Funds at 31st December 2021|||3,080|35,297|38,377|29,037|
##
|||BALANCE SHEET - 31S|TDECEMBER|2021||
|---|---|---|---|---|---|
||||Note|2021|2020|
|Fixed Assets||||||
|Tangible Assets||||||
|Current Assets||||||
|Debtors||||10,000|1,345|
|Cash at Bank and|in|Hand||59,858|96,024|
|||||89,858|97,369|
|Creditors: amounts||falling due within one year|10|31,481|66,332|
|Net Current Assets||||38,377|29,037|
|Total Net Assets||||38,377|29,037|
|Unrestricted
Funds|||11|||
|General Funds||||3,080|3,080|
|Restricted
Funds|||12|35,297
~PT|2ra3
25,957
7|
##
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||administrative
fees and 5% ofone festival'|s
direct costs.|||
|---|---|---|---|---|
|2|Tan
Ible Fixed Assets|Fixtures|Fittin
s||
|||~and E|ci ment|Total|
||Cost||||
||At 1stJanuary 2021||16,655|16,655|
||Additions||||
||At 31stDecember 2021||16,655|16,655|
||~De recieiicn||||
||At 1stJanuary 2021||16,655|16,655|
||Charged
in Period||||
||At 31stDecember 2021||16,666|16,655|
||Net Book Value||||
||At 1stJanuary 2021||||
##
|||||2021|2020|
|---|---|---|---|---|---|
|4|Income from Festival|Activities||||
||Ticket Sales|||24,882|0|
||Online Booking Fees|||526|0|
||Programme
Sales and|Advertising||1,543|500|
||Fund Raising
Events|||0|2,530|
||Outreach
Projects|||||
||Miscellaneous|||789|200|
|||||7,|,23|
|5|Direct Festival Ex enditure|||||
||Artists' Fees|||39,898|28,673|
||Production
and Venue|Costs||48,171|27,586|
||Advertising,
Programme|and BoxOffice Costs||16,811|10,339|
||Artistic Director's Fees|||17,866|18,963|
||Employers
National
Insurance||on Director's Fee|2,539|1,414|
||Producer's
Fees|||10,000|10,800|
||Administration
Wages|||3,625|3,625|
||Outreach
Projects|||2,967|4,515|
||Other|||7,053|5,623|
|||||ATY29||
|6|Governance
Costs|||||
||External Accountant's
Fees|||1,200|1,200|
|7|Staff Costs and Numbers|||||
||Staff costs were as follows:|||||
||Salaries|||21,490|22,586|
||Employers
National
Insurance|||2,539
2 le%|1,414
,0|
||No employee
earned
in|excess ofF60,000 (2020: nil)||||
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||||||||||2021|||||2 20|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|9|Debtors||||||||||||||
||Grants Receivable||||||||0|||||350|
||P repayments||||||||10,000
10,000|||||995
1,345|
|10|Creditors:
amounts||falling|due within|one|year|||||||||
||Festival|Futures|||||||28,388|||||28,386|
||Accruals|and Deferred Income|||||||3,096|||||39,946|
||||||||||31,431|||||68,332|
|11|Unrestrlct
d Funds||||||~st|||||||A~st|
||||||||1.1.2021||Income|Transfer|ocr|~Ex endlrore||31.12.2021|
||General|Funds|||||3,080||155,192|8,110||147,082||3,080|
||Total Unrestricted
Funds||||||3,080||155,192|8,110||147,082||3,080|
||The Directors have||agreed|that the New Commissions||||Fund|should be|reclasslfed|as|Restricted|Funds and||
||merged|with the George Vass Commission||||Fund|during|the|year ending|31 December||2020.|||
|12|Restricted
Funds||||||~As a|||||||A~sa|
||||||||1.1.2021||Income|Transfer|In|~Ex endrfore||31.12.2021|
||Outreach|Projects|||||5,011||650|||2,047||3,614|
||George|Vass Commission||Fund|||20,946||988|||||21,934|
||Festival|Futures
Fund|||||||1,639|8,110||||9,749|
||||||||25,957||3,277|8,110||2,047||35,297|