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|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|
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|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|
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||||||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|
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||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||||
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||||||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|
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||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|