**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)
Page 2
## **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