2022-12-31-accounts

Contents		Pacae
Trustees and Other Information
Trustees' Report
Public Benefit Report		3to 4
Independent Examiners'	Report to the Trustees
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts		8to 10

Trustees			G Vass
			KT Hatfield
			L BS Hungate
			C N Lane
			D H Keyser (resigned 31.07.2022)
			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 &Co.
			1 St Mary's Street
			Ross-on-Wye
			Herefordshire
			HR9 5HT
Bankers			HSBC Pic
			The Cross
			1 Broad Street
			Newtown
			Powys
			SY162LX

					31.12.22	31.12.21
		Note	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
Incomin Resources
Voluntary Income
Grants, Donations etc.			135,004	2,563	137,567	130,728
Investment Income
Interest Receivable			97		97	1
			135,101	2,563	137,664	130,729
Incoming Resources from
Charitable Activities
Income from Festival Activities			33,037		33,037	27,740
Total Incomin Resources			168,138	2,563	170701	158,466
Resources Expended
Charitable Activities
Direct Festival Expenditure		5/7/8	161,330	5,306	166,636	147,929
Governance Costs		6	1,200		1 200	1,200
Total Resources Expended			162,530	5,306	167,836	149,129
Net Incomin Resources	Ex enditure		5,608	(2,743)	2,865	9,340
Transfer between Funds			0	0	0	0
Total Funds at 1stJanua	2022		3,080	35,297	38,377	29,037
Total Funds at 31stDecember 2022			8,688	32,554	41,242	38,377

	administrative fees and 5% ofone festival's	direct costs.
2	Tan ibis Fixed Assets	Fixtures,	Fittings
		and Equipment		Total
	Cost
	At 1st January 2022		16,655	16,655
	Additions
	At 31stDecember 2022		16666	16666
	~De preciation
	At 1stJanuary 2022		16,655	16,655
	Charged in Period
	At 31stDecember 2022		16,655	16,655
	Net Book Value
	At 1stJanuary 2022

					2022	2021
4	Income from Festival		Activities
	Ticket Sales				28,937	24,882
	Online Booking Fees				616	526
	Programme Sales and		Advertising		1,833	1,543
	Bar sales				1,651	0
	Miscellaneous				0	789
					33,037	27,740
5	Direct Festival Ex	enditure
	Artists' Fees				eo,4eo	39,898
	Production and Venue		Costs		50,360	48,171
	Advertising, Programme		and	BoxOffice Costs	18,280	15,811
	Artistic Director's Fees				17,873	17,865
	Employers National	Insurance		on Director's Fee	3,397	2,539
	Producer's Fees				10,400	10,000
	Administration Wages				4,119	3,625
	Outreach Projects				0	2,967
	Other				6,451	7,053
					161,330	147929
6	Governance Costs
	External Accountant's	Fees			1,200	1,200
7	Staff Costs and Numbers
	Staff costs were as follows:
	Salaries				21,992	21,490
	Employers National	Insurance			3,397	2,539
					29 399	24,029

	NO	TE	S TO	TH	E	FINANCIAL STATEMEN	TS FOR TH	E YEAR END	ED 31ST	D	ECEMBER 20	22
								2022				2021
9	Debtors
	Grants Receivable							0				0
	Prepayments							10000				10,000
								10000				10,000
10	Creditors:		amounts		falling due within one year
	Festival	Futures						28,386				28,386
	Grants							2,600				0
	Accruals	and Deferred				Income		1 200				3,095
								32,086				31,481
11	Unrestricted		Funds				As at					As at
							1.1.2022	Income	Transfer		~Ex endt ore	31.12.2022
	General	Funds					3,080	168,138		0	162,530	8,688
	Total Unrestricted			Funds			3,080	168,138		0	162,530	8,688

	merged wi	th the George V	ass Commissi	on Fund during the	year ending	31 December	2020.
12	Restricted	F nds		As at					As at
				1.1.2022	Income	Transfer	~Ex endtt	r	31.12.2tl22
	Outreach	Projects		3,614	0	-3,614		0	0
	Education	Outreach						0	0
	Community	Project			1,500	3,614	5,306		-192
	George Vass Commission		Fund	21,934	614				22,548
	Festival Futures Fund			9,749	449	0			10,198
				35,297	2,563	0	5,306		32,554