REGISTERED COMPANY NUMBER: 32650S7 (EttglDd and Wales) REGISTERED CHARITY 14UMBER: 1059465 REPORT OF THE TRUSTEES AI¥D UL¥AUDITED FINANCIAL STATEMENTS FOR THE PEIUOD ENDED 31 K4RCH 21J23 FOR LEDBURY POETRY FESTIVAL LI[TED ',llllNII 'ACDRXC20 0911012W23 COMPANIES HOUSE
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CONTEf4TS OF TllE FINANCIAL STATEMENTS FOR THE PEIUOD ENDED 31 MARCH 2(123 lieport of theTnL8tS 1104 Independent Examinerfs Report Ststement of Financial Activitits Balance Sheet 7t08 Notes to the Financial Statements 91013 I)etaIl Statrment of Financial Activities 14to15
LEDBURY POETRY FLSTIVAL LIMITED REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2023 The tsvstees who are also dire¢tors of the ¢lwi"ty for the PUTP05es of the Companies Act 2006, present their r¢port with tb¢ rjnancial staternents of the cbarity for the peri¢)d endd 31 March 2023. The truseS have adopted the provisionsof the Statement of Recommende4J Pnctice (SORP) applicable to chariti&s preparing tbeir accounts in accordance with the Financial Reporting Standard IFRS 102). REFEREf4CE AND ADMINISTRATIVE DETAll Rtgistertd CompaY Dumber 3265057 IEngland and Waks} Reglstered Ch8rity number 1059465 Registered offite The BaTret Browning InstiNte Bye Street HR8 2AA Tru$tee P Arscott M Amherst J Cuttl¢ N Falls C Fulcher J Gardosi S J Hickson S Howe D R Ingram L Jackson JLee CGNoel U (hveo S Parn]ar D Punt¢r B M Read-Brown P Sali S Scott Appoint 28th April 2023 ApEID1 P Octokr 2022 Appoinied 28tb April 2023 Resigned 21° Febnwy 2022 Appoitiied 21° February 2022 Appoinied 2 1¥ Febrw 2022 Resigned 7 October 2022 Resigned 14th (kber 2022 Appoinied ill Novernber 2022 Resigned 28 April 2022 Resigned 2V July 2022 Resigtted 28. Apzil 2022 R&%igtied 21. Febnwy 2022 Comp¥Jny Se£ret*ry D R It)gra N C Falls Resi8tted V October 2022 Appointed 30th Mah 2022 Independent examlner Luke Keegan Chartered Management AtallI IA The HomeDd Ledbury Herefordshire HR8 IBN STRucfuRE, GOVERIYANCE AND MANACEMENT GoverniDg document The charity is controll¢d by its Memordndum and Anicles of A&8ociation aod constinites a limited company, limited by guarantee, as defjned by the Comparties Act 26. The liabihty of each member 15 limited to £10. RecruitmeDt and appointment of new trustees Our policy for appointing new tru5ttts is to seareh oui pwjle wllo bave parnculaT skills and clwacteristiu who we fetl will want to bKome similarly committed. The Festival rLxrnits eveni managers frorn amongst its Frieods Group and other well hing local people; the Council WeIrlte offer4 of people wi-hing to bccom¢ tnJsiC¢s in arts organi5ations' lS1]ng trustees sometinie8 have Inter¢sd contscts who are able io offer pani¢u]¥r skills. All of these p[1$ aT¢ sources for fubjre trustees. Pag¢ 2
LEDBURY POETRY FESTIVAL LIMrrED REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCU 2023 InduttiOD aud tr#illiDg of new tThStees On appoinlment the truses receive a copy of the 8ov¢rniDg Jocum¢nts and Cknity Conllnis5ioll documents regarding tntste&ship. New trustees are briefed on the history. baCkpr wolk of the clwity. STRUCTURE, GOVERNANCE AND MANAGEMENT Funders Arts Council ErtBl8nd Community Firs¢ E]mley Foulldation Eveson Trusl Foyle Foundation Friends of Ldbury & District Healthcare Get Active Cultural A¢tivits¢s Ftt0 (Community First and Herefor&%hire Council) H¢r¢ford Colleg¢ of Arts Herefordsbire Community Fowidation Ledbury Towll CouD¢iI Malvern Hills AONB Pennington Mellor Munthe Clwity Tn1 Rowlands Trust Ta]k Community (Herefordstrure Council) Te0 Community Fund University of Liverpool with fimding from th¢ Arts and Humanities Research Couttcil Versopolis (Cr¢ative Europe) WorcesteE5bire County CouDciI Ri$k mADgemeDt The Intte5 have a duty to identify and review the nsks to wbich the charity is exposed alld to ensuTe appropriate controls aTe in place to provide rcasonabk assurance against ftaud and UTOF. OBJECTIVES AND ACTivfnES Objtttives #tsd aims The chan"ty's objectives are to advance the ducation of the public in the appreciation of the arts in all their fonns. iticluding but without prejudice io the gellerality ofthe foT¢going. th¢ pr¢5¢DIall or8allwtioD and PT¢)rnotion of poety. The objectives of the charity aTe achieved through the pmthciion of the JEY p Fe5tiv¥L SlgDlflcDt aetivities The signsficant activity is th¢ production of th¢ txdlmry Pty Festival. which every year over a *n day period during the summer rnonths. The event is organised by the dirttiors of the compaDy with the b¢lp of a part tlttie paid Festival Director. part time paid Festival Manager, part lime paid FiDan¢¢ Manager. part time paid helper5 and ttumerous volurttttts. Tbe Festival also runs a yedr routsj Poety in the coll)n Programme and a Pttt in Schools Prograuun¢. Both tbese prograttllnes are subject io fimditig. VolnIr$ This very important group of p¢ople are S[BbI ftom the: Friends of Ledbury Poetry Festival and their friends and neighi. UDsolicited offers of belp from members of the public sin)ply contxt the clwity. ACHIEVENNT AND PERFORMANCE The trustees aTe aware of the Public BeDefii provisi0tt8 of tbe Charities Aci 2006 and of the guida0 on tbem published by the Charity Ci>mmi&sion. They are satisfied that the objects of the ¢haTiry and the tiVItieS of tbe Charity are witbin the definitions of Charitable Purposes as set down iti the ACL The knjstees ar¢ Dot aware of zny publi¢ detriment caused by the charitys objects or activitie& and llor are they aware of anyone receiving athy wivatc benefit from the clmritys activities. Page 3
LEDBURY POETRY FESTIVAL LIMITED REPORT OF THE TRUSTEES (tont) FOR THE PERIOD ENDED 31 MARCH 2023 Charitable aetivities Full d¢tai]s of th¢ activities of tbe Poety Festival can be seen ID OUT Annual Report 2022 avai]able from Ledbury Poety, Barrett Brownin8 ILsti¢ut¢. The Homend. L4lbury. Herefordshwe. HR8 2AA and OD ow website at httpsJnedburypo¢ty.org.uk ANC REvw Re5¢rves poII¢y In gen¢ral. a¢tivitieg ulldertaken by the F1val are Jnatched tbe resourn available. The ¢ompany c8ny a ¢¢rtain l¢v¢l of ov¢rhead. and reserves are needed._ To give tntee5 tim¢ to take xlion if inwne falls below expxtations To cover troughs in tb¢ c&5h budget due to the Uneve[esS of cash receipts and payments A srnall CODtitL8ency fijnd to meet ullforeseen OPu10naI costs Following a review of the Festival's budget. and guided by the of the overheads and nearly 20 years of expeTience, the tmstees have wncluded thal an unrestricted reserve equivalent lo 4 montbs overheads is sufficient to rnect these objectives. At the period end the clwlty trd free reserves of £33 J98 (2021.. £57.198) which is the equivalent of four months awdgemenL goYernan¢e and fthance costs ON BEHALF OF THE BOARD.. S Hickson- DArector 6th Ociober 2023 Page 4
INDEPEI¥DENT EXAMINER'S REPORT TO THE TRUSTEES OF LEDBiJRY POETRY FESTtVAL LI[ITED I report on the acc4)unts for the p¢Tiod ended 31st March 2023 set out rn pages eighi to scventeeD. Respective responsibilitie5 of trllstees ind examiner The Charity's trust¢¢s (who aTe aiso the dire¢tors for the PWFX)ses of wmpany law) are responsible for the preparation of the acunts. The chaTity's trustees coosideT that an audit 15 not requir¢d for this year (uTrJer Sectiott 144(2) of th¢ Ch4Tities Act 2011 (the 2011 Act)) and that an inder£knt examiDaiioD is Jtquiral. Having satisfied myself the ¢7ty is subject to audit under cmpany ]aw aod is eligibk for }jependen1 exaMItiOn, it is my resJx)nsibility to." examine th¢ accounts under Section 145 of the 2011 Act to follow the procedures laid ¢Jown in the GeneTal Direciiottsgiven by tbccharity Cojnmission {under Section 145(5Xb) of tbe 2011 Aci). and to state whether parlicularma¢rs hav¢ com¢ to tny attention. Basis of tbe independent examlner's rept)rt My examination was carrled out in accordaau with the General Dir¢10nS given by the Clwity comm$10. An examination iticludes 8 review of the accounting TOrdS k¢pi by th¢ charity and a comparison of the accounts presented with those rOrdS. It also Includes ¢0ttsideration of any unusual itcrns or disclosures ID the accounts. and seekmg explanatioJ)s fron) you as trustees concerning any sucb mattu5. Tbc procethwes undertaken do not provKie all the eviden that would be required in an audit, and collsequendy llo opinion is given to wheth¢T the arxounts pr¢sent a and fair view ' aDd thc report is limited to those tnatters set out ill the ststernents below. Independent eXamItr.$ sts¢emeDt tn conttection with my exan)inaU0 DO matr ha5 com¢ to my alt¢ntion: (i) which gives me Teasonable cause to believe thaL in aDy Iiiaterial re5pxL th¢ requirements to keep accounting T¢¢ords in a¢¢ordance with Section 386 athd 387 of the Companies Act 2006. and to prepare acwLDts which accord with the accowitmg rttords. comply witb th¢ a¢¢ountiDg r¢quir¢ments of Sectioos 394 and 395 of the Companies Aci 21y)6 and with the #nd principles of the Ststemettt of have not been met.. or (2) to Whic in my Opinio attention sbould be drawn in order to enable a proper understsnding of the accounts to be reached. Luke Keegan Chartered Management AccowilaDt IA The Homend Ledbury Herefordshire HR8 IBN L_L I Date.. Page 5
LEDBURY POETRY FESTIVAL LIMrrED STATEMENT OF FL¥ANCIAL ACTivrriES FOR THE PERIOD EIYDED 31 MARCH 21123 2023 Totsl fimds 2021 Total fvnds Unrestricted fuDds Restricied INCOMING RESOURCES IDeomlllg rewurees from geDerated funds Dollatlons ID¢oming resources from ¢h•ritable attitie1 Poetry competition Ticket and event sal¢s On-line and sbop sal¢$ Other in¢i)m¢ Inve5trnent ltttome Interest Receivabk 110.991 174.107 285.098 144.098 8.142 53,495 3.721 3.475 ,142 54.879 3,721 3.475 7,857 9,909 1.384 816 166 Totsl Intomlng resourees 180,938 175.491 356,429 162.846 RESOURCES EXPENDED Chfiritable activities Promotion costs Core Festival Poetry Competitio Comrnunity programme Volunteayng Herefordsbire Learning Projec Versopolis New Wrilers BBI Project Emerging Critics Kickstsrter Elmley Marketing Auth't Briiish Coull¢il Africa Research Wesc Midlands Railway PIoje¢i Malvern Hills AONB Ledbury Towm Council Banners 2nd Coll¢ction Overheads furtding Support costs Governance costs 6.067 90,387 4,721 6.067 90,437 4,721 23,802 56.189 26.616 5,259 498 3.616 970 17,982 50 23.802 56.189 26.616 5259 5.628 12,810 6.570 8,719 350 300 5.754 300 5,754 3.381 257 .352 3,500 747 4.999 7.300 3.500 747 4,999 7.300 3,062 76,612 102,368 102J68 iJoo Total resourees expeDded 205,042 134.517 339,559 150,306 NET INCOMINGIIOUTGOING) RFSOURCES BEFORE TRANSFERS (24,104) 40.974 16,871 12,542 Gross transfers between funds Net iDcomiDy/(outgoiDg) rtsources (22.592) 39.462 16.871 12.542 REcoNCILTION OF FUNDS Total funds brought fornard 57.904 47235 105.138 92,598 TOTAL FUNDS CARIUED FORWARD 105 138 The notS5 form part of tbese financial ststenTrents _ Page 6
LEDBURY POETRY FFSTIVAL LIMITED BALANCE SHEET AT 31 MARCH 2023 2023 Utit&4tri¢ted Restricted Total llas Total fimds 2021 FLXED ASSETS Tangible wets 2.270 2270 704 CURRENT ASSETS Debtors Cash atbank and in hand 3,819 3.818 127 237 117 681 44.359 86.697 131.056 117.681 CREDITORS (11,317) (IlJ17) (13248) NET CUIIRENT ASSETS 119737 TOTAL ASSETS LESS CURRENT LIABILITIES 35,311 86.697 122,(K17 105,138 NET ASSETS 105 138 Fuf4DS UDr¢stricted fidS Restricted fids 10 35.311 57.903 TOTAL FUNDS 105 138 Page 7 continued..
LEDBURY POETRY FFSTfvAL LIMITED BALANCE SHEET- CONTINUED AT 31 WCH 2023 The ¢haritable company is eotitle41 to ¢xernption frotn audit under Seaion 477 of the C4)mpanJes Act 2006 for the period ended 31 March 2023. The members have noi required the chan"table company to cljtsin an audit of its financial ststements for the p¢riod ended 31 Ma 2023 in accordance with Section 476 of the Companie5 Act 2006. The trustees a¢knowled8e th¢y respo1111t7es for (a) ensuring thai the ¢haritsble company kwsaccowiting rewrds that¢omply with S¢ction$ 386 and 387 of the Companies Act 26 and preparing financial sta¢¢ments wbi¢h give a true and fair view of the thte of affairs of the cban"tsble company as at the end of each fancIal year and of its surplus or deficit foT ¢b financial year in arxordaoce with th¢ requirem¢nts of Sections 394 and 395 and which othenvisecornply with th¢ re4wirenwLLsof tbe Companies Act 2006 relatiug to flltsncial ststements, so far as applicable to the CFlble ¢ompaDy. (b) These fltwiciai statements have been prq)ared in accordance with th¢ special provisions of Part 15 of th¢ CornpaDi¢S Act 2006 relatsng to small cljaritsble c4)mpanies and with the Financial R¢p)rtiDg Standard applicable in the UK (FRS 102). Th¢ fJnaDcAal stat¢ments wer¢ approved by the Board of Tntstees on 6* 0¢ber 2023 and w¢r¢ signed on its b¢half by.. P Salt-Trustee S Hi¢kson- Tntstee The not¢s fonn part of these fina]41 wtetn¢nts Page 8
LEDBURY POETRY FLSTIVAL LIMrrED IYOTES TO THE FINAI¥CIAL STATEMENTS FOR THE PEIUOD ENDED 31 MARCH 2023 ACCOUNTING POLICIFS A¢cowitlng CODveDtiOD Th¢ fujancial statements have beett prepard ulldex the historical cost convention. and in accordance with the Financial Reporting Standard (FRS 102), tbe CornpaDies Act 2(M)6 and the requiremellrs of tbe Statement of Recommended PtiCe. Accoullting and by Cl1(1¢ IDeomiug resources All incoming resow¢ts ¥r¢ included on th¢ Stsiernent of Finawial Activities wh¢D tk cTrAarAry is legally entitled to the income and the arnount catt be quantified with reasonable accuracy. Resources expended ExpendiDJre is a¢county] for on an arTrlS b85is and has been classifioj wider headings thai aggregate all cost related to the category. Where costs Cannot bc directly allTibutd to particulzrhelin8s they have been allocated to activities on basis Consistent with the use of resourcts. Tanglble Ilxed assets DepCIatiOn is PTovid¢d at th¢ following ntes iti (wderto lIe off eaeb asset over its estitnated useful life. Office equiptneni ond Sound equipmeot- 33 In% on cos1 T8xtioD The charity is excmpt corporntion on its ¢l)aYitsble activiues. Fuud ac¢ounthig UDrestri¢ied funds can be used in accoTd with the charithble objectives at the discretion of the ttustees. Restricted fimds call only be used for parti¢uJar Testricttd purpw within thc objeets of the charity. Restrictions arise when splfied by th¢ donor cr wh¢n fuDts are raised for particular r&%tri¢ted purposes. Further explatsaiion of the nature and pp of exh fiuKI is Ihthd in th¢ not¢5 to tbe fitwjciai $tsternenLS. Hire pur¢hase and l¢aJing commitments Rentsls paid Under operdtitig leases are charged the StsD]ent of Floala1 Activitie5 on a stsight lin¢ basis over the period of the lease. P¢Dsion co$ts and other post-retiremetti beDefits The charitable copanY cryyeTates a defined conmlNtion potL40fj ContributiO- payable to the Gbaritablc compan$ pension scheme are cbaTged to th¢ Stst¢m¢nt of FinaDcial Activities ID the period to which they rela. INCOME FROM DONATIONS 2023 2021 Public FundiDg Private Trusts 238,956 79,524 23,196 27,470 31,142 GraDt- Elmley Foundation Page 9
LEDBURY POETRY FESTIVAL LIMrrED NOTES TO THE FtNANCIAL STATEMENTS. CONTINUED FOR TUE PERIOD EIYDED JI MARCH 2023 NET ll¥COMINGI(OUTGOING) RESOURCLS 2023 2021 Depreciation- owned assets Other operating lease5 Independent Examiner Fee 835 6,562 1.500 235 6.812 TRUSTEES, AND RELATED PARTIES REMUNERATION AND BENEFrrs There were no tnte¢s, r¢D)un¢ration or otlxer benefits for thc ptriod ended 31 Marcb 2023 nor for the year etyded 31 Ociober 2021. As expressly witted by the 8overnin8 document tte¢S rvxived f¢¢s forproviding oth¢r services as under. M Read.Brown £12 (2021 £400) Community programm¢ services. Trustees, eJp¢nxs No Trdvel expenses were paid for the period elldejj 31 MaTcb 2023, (2021.. £Nii). STAFF COSTS UJlltStricted fijnds Restricted fim(ts Total filnds Total fimd5 2023 2021 Wages and salaTtes Social se¢wity Costs Other pension costs 69.053 2.406 21.115 90,168 2.406 69.511 ,538 The average monthly DUTDber of employees (iticluding part llme slaft) duTing th¢ y¢ar was &s follows: 2023 2021 No employees received emoluments in exc of £60.(#)O. The Staff Costs show tbe costs of employing four members of staff. Some of the stsff salaries are allocated to restricted funds in accordance with time spent on those xiivities. Totsl wages 4nd salari¢s allocated to restricted fill$.. £21,115(2021.. £7,4ffl) Pension contributiotis made to defined contribuiion pension 1¢5. Page 10
LEDBURY POETRY FESTIVAL LIMITED NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE PERIOD ENDED 31 MARCH 2023 TANGIBLE FIXED ASSETS Offirx and Sound equipn)eDt COST At l November 2021 Additions Disposals 5.874 2,4 As 3 1 March 2023 DEPRECIATION At l November 2021 Charg¢ for year Disposa 5.169 835 At 31 March 2023 NET BOOK VALUE At 31 Marth 2023 At 31 October 2021 704 DEBTORS: AMOUNTS FALLING DUE THIN ONE YEAR 2023 2021 Pre-payments Trade debtor5 Other debtors 365 2.865 589 CREDITORS: AMOUNTS FALLll¥G DUE THll ONE YEAR 2023 2021 Trade ¢reditors Taxation and social srIty Other ¢redito Acerua]s 1219 8J46 252 1.586 8.350 OPERATING LEASE co1mITMENTs The following operatin8 le&se payments aye committed to Pa within one year: 2023 2021 Expiring: Witbin one year Page 11
LEDBtIRY POETRY FLSTIVAL LIMITED NOTES TO THE FINANCIAL STATEMENTS- CONTll¥uED FOR THE PEIUOD ENDED 31 hYARCB 2023 io. MOVEMENT IN FiINDS Net movement Transfers funds betW¢¢D funds At 31.03.23 Ai 1.11.21 UDrestricted fndS Generdl fund 57,904 (24.104) 1.512 35,3 12 Restrieted funds Volunteering Herefordsbir¢ Community programmes Community- Get A¢tiv¢ CommuDity- Family Fun CommuDity-Talk 38,311 (830) (204) 4.704 346 1,135 1,345 4,199 753 38,311 4.811 4.826 815 204 4.704 346 20,798 1,345 4.199 19.476 188 Ledbury Town Council Versopolis Malvern Hills AONB New Writers 2 Collection British Council West Midlands Railway "ckswter International Emerging Critics Elmley Marketing Audit BBI ProjKt {753) 7.039 8.0(J) 1.743 4.908 699 455 88 7,039 700 1,743 (7.350) 50 (3,5(Y)) (1,408) (699) 180 (88) (635) 47 TOTAL FUNDS 105 138 Net movunenl in fidfj. included in the above are as follows.. Tr8mfers Movement in Expended between fid5 Unrestricted funds General fund 180.938 {205.042) 1,512 (22.592) Restricted fuDd$ Volunteering Herefordshire Community programmes Community- Get Active Community- Family FUD Community- Talk Lean)ing Ledbury TOWD Council Versopolis Malvern Hills AONB New Writers 2 Collection British Council West MidlaDds B2ilway Kickstarter Internatsonal Emerging CTitiCS Elmley Marketing Audit BBI Project 94.5(M) 7.919 9,4(K) (56,189) (8,749) (9,604) (3,296) (2,154) (26.616) (4.999) (5.259) (747) 38,311 (15} 815 204 4.704 346 lJ23 lJ45 4,199 2,5CKI 27,751 6.344 9,458 1.5(Y) 188 (753) (7.350) 50 {7JOO) (3,5(Y)) (1,408) (6991 180 (88) (4,908) (699) (455) (88) 5.119 (5.754) 175491 (134 517 TOTAL FUNDS 356 429 (339 559) Page 12
LEDBURY POETRY FESTIVAL LIMITED NOTES TO THE FINANCL4L STATEMENTS- CONTINUED FOR THE PEIUOD ELYDED 31 MARCH 2023 11. COMPANY LIMITED BY GUARANTEE The c¢)mpany is limited by guwtee and h¥ no sbaTe capitsl. Every m¢TnbeT of the company und¢rtakes to contribute to the of the c(trmpaDy. ID the event of li Iwmditig wy, ¢b an atllOUDI as may b¢ Tequired. Dot ¢xeeeding £10. 12. GENERAL U¥FORMATION Ledbury P¢xty Festival Limitrd. is a priva* e4Jmpany. limite41 by guaTantee, iDCotea ID EDgland alld Wales. registered nutnber 03265057. The regIered addTe&s is The Barrt BrowDiDg Institute. Bye Streel LedEw. Herefordshire. HR8 2AA. Page 13
LEDBiJRY POETRY FESTIVAL LIMITED DETAILED STATEMENT OF FINM'CLAL ACTivrriFS FOR THE PEIUOD ENDED 31 ARCH 2023 2023 2021 INCOMING RESOURCES Voluntary ill¢omt Public fiLndiDg Private trust 238,956 79,524 23.196 27.470 31.142 Grdnts- Ejmley Foundation 285.098 142.190 IDeomlng resourees from ch*ritabk aftivities Ticket and event sales Poetry competition Other in¢otne 49.226 8.142 9.244 7,857 70.217 20.490 Investment Imcome Inter¢st Receivable 166 Total intomlng resourees 356.429 162,846 RESOURCES EXPENDED Cbaritable a¢tiviti¢s Fesiival Lnfras¢w¢tUTe Costs Hospitslity Perf¢)nners' fees and costs Brtsehure and otherevent costs Ticket ¢osrs and box offxce Mer¢handis¢ and cost of sales Comrnunity pro8rammes Volunteering HerefoTdshire Community Family Fyn Community Talk CommuEtity Gei Active Leaming Malvern Hills AONB Ledbury Town Council Poetry competition Kickstarter Costs Vers¢)polis 2 Collectio New Writers Emerging Critics British Council Africa R&search E]mlry Marketing Audit West Midlands Railway Project BBI Prgject Governance costs- lJJ&wdent ¢x3miner's fees 40.152 61 29.660 33 2.859 725 3.948 13,747 8,749 56,189 3.296 2,154 9,604 26,616 747 4.999 4,390 14,982 2.628 970 5.259 7,3LN) 11,350 6.570 350 257 3,381 8,352 4,969 3.754 3.500 300 1.500 227.925 58,923 Thi.$ ee. dr1 not fmm part of the ststhtory fu¥ncial siatemeDts Page 14
LEDBURY POETRY FFSTTVAL LIMITED DETAILED STATEMENT OF FINAI¥CIAL ACTIVTTILS (cont) FOR THE PERIOD ENDED 31 MARCU 2013 2023 2021 Support C4)sts Salaries Employers National InsuTan PeDsion contributions 69,053 2,406 5,038 6250 3218 1292 202 799 2,438 2.428 796 ,007 7.642 1,923 69.511 1,538 3,280 6.812 Rates and Water Rates Ele¢tricity Repairs & R¢newals Cleaning Computer and iernet IDsuran¢e Telephone Printing. postage alld staiionery Advertising and publicity Suodries Professional fe Travelling Accoulltsncy Costs Training SubsCriPtiQDS Ikpreciation of office and sound ffjuipment 2.470 1.506 1,408 1.457 498 669 58 4,180 468 271 486 60 235 835 110.033 90.219 FinxD¢¢ Bth ¢harges Credit card charges 217 369 794 Total rer¢¢5 e3pended 339.559 150,305 Net (expenditur¢)nD¢orTre This pag¢ does not fonn part of tbe ststutory financial statements Pa8e 15