Charity number: 1044602
EAST DEVON MUSIC FESTIVAL CIO
ANNUAL REPORT AND RECEIPT AND PAYMENT ACCOUNTS
YEAR ENDED 31 AUGUST 2023
EAST DEVON MUSIC FESTIVAL CIO
CONTENTS
| Page | ||
|---|---|---|
| Reference and administrative details | 1 | |
| Trustees' report | 2 | |
| Receipt and payments | 3 | |
| Statement of assets and liabilities | 4 | |
| Accountants Report | 5 |
EAST DEVON MUSIC FESTIVAL CIO
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2023
Trustees
D Reeks, Chair of Trustees M Bowen, Secretary I Jeeves T Bolshaw
Charity registered number
1044602
Principal office
165 High Street Honiton EX14 1LQ
Accountants
Griffin Chartered Accountants 165 High Street Honiton EX14 1LQ
Page 1
EAST DEVON MUSIC FESTIVAL CIO
TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2023
Constitution
East Devon Music is a Charitable Incorporated Organisation governed by its constitution dated 21 February 2020.
Objectives and Activities
The principal objectives of the charity are to advance, promote and develop the arts for the people of Honiton and its surrounding district, but without prejudice to the generality of the foregoing, to broaden the range of educational and community activities through the mediua of expressive and performing arts. The principal activity of the charity is the presentation of high quality live music.
Achievements and Performance
Our activities were severely compromised by the untimely death of our Artistic Director, Tim Phillips, in November 2022. As a result we were able to present only one concert (dedicated to our benefactor Jean Price) in June 2023, featuring harpist Harriet Adie. We are keen to help young musicians and in this regard sponsored an Award for East Devon through the charity Awards for Young Musicians.
Financial Review
Our total income for the year was £1,107 (2022 ‐ £629) and our expenditure was £5,296 (2022 £6,718). Our accumulated cash funds for the year are £ 111,159 (2022 ‐ £115,348)
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EAST DEVON MUSIC FESTIVAL CIO
RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 AUGUST 2023
| Receipts Ticket Sales Interest income TOTAL RECEIPTS Payments Concert costs Hall hire Printing, publicity and stationery Charitable Donations Computing and Web Costs Governance Insurance Sundry TOTAL PAYMENTS SURPLUS/(DEFICIT) FOR THE YEAR |
Unrestricted funds 2023 £ - 1,107 1,107 860 - 10 2,000 1,946 480 - - 5,296 4,189.00 - |
Restricted funds 2023 £ - - - - - - - - - - - - |
Total funds 2023 £ - - 860 - 10 2,000 1,946 480 - - 5,296 4,189.00 - |
Total funds 2022 £ 585 44 |
|---|---|---|---|---|
| 629 | ||||
| 5,318 175 750 - - 480 487 137 |
||||
| 7,347 | ||||
| 6,718.00 - |
Page 3
EAST DEVON MUSIC FESTIVAL CIO
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 AUGUST 2023
| Cash funds Current Account Savings Account Deposit Account TOTAL ASSETS |
Unrestricted funds 2023 £ 252 59,275 51,632 111,159 |
Restricted funds 2023 £ - - - - |
Total funds 2023 £ 252 59,275 51,632 111,159 |
Total funds 2022 £ 1,548 62,965 50,835 |
|---|---|---|---|---|
| 115,348 |
06/03/2024 The accounts were approved by the Trustees on and signed on their behalf by:
D Reeks Chair of Trustees
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EAST DEVON MUSIC FESTIVAL CIO
ACCOUNTANTS REPORT FOR THE YEAR ENDED 31 AUGUST 2023
In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of East Devon Music Festival CIO for the year ended 31 August 2023 which comprise the Receipts and Payments and the Statement of Assets and Liabilities from the Charity's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the Board of Trustees of East Devon Music Festival CIO, as a body, in accordance with the terms of our engagement letter dated 24 February 2022. Our work has been undertaken solely to prepare for your approval the financial statements of East Devon Music Festival CIO and state those matters that we have agreed to state to the Board of Trustees of East Devon Music Festival CIO, as a body, in this report in accordance with ICAEW Technical Release TECH08/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than East Devon Music Festival CIO and its Board of Trustees, as a body, for our work or for this report.
The Board of Trustees have approved the financial information for the year ended 31 August 2023 and have acknowledged their responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the receipts and payments accounts.
Griffin
Chartered Accountants Courtenay House Pynes Hill Exeter EX2 5AZ
Page 5