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2021-12-31-accounts

2021 2020
Unrestricted Total
fund funds
Notes F F
INCOME AND ENDOWMENTS FROM
Donations
and legacies
166,865 427,170
Investment
income
19 315
Total 166,884 427,485
EXPENDITURE ON
Charitable
activities
Support of Hay Festival ofLiterature and The
Arts
Support of Hay on Wye library
45,853 180,409
5,000
Total 45,853 185,409
NET INCOME 121,031 242,076
RECONCILIATION OF FUNDS
Total funds brought forward 297,627 55,551
TOTAL FUNDS CARRIED FORWARD 418,658 297,627

2021 2020
Unrestricted Total
fund funds
Notes
CURRENT ASSETS
Debtors
Cash at bank
8,963
457,930
219,767
394,105
466,893 613,872
CREDITORS
Amounts
falling due within one year
12 (48,235) (316,245)
NET CURRENT ASSETS 418,658 297,627
TOTAL ASSETSLESSCURRENT LIABILITIES 418,658 297,627
NET ASSETS 418,658 297,627
FUNDS
Unrestricted
funds
418,658 297,627
TOTAL FUNDS 418,658 297,627

DONATIONS
AND LEGACIES
2021 2020
Membership
income
Donations
61,322 E
89,330
Gift aid 90,869 285,829
14,674 52,011
166,865 427,170
INVESTMENT INCOME
2021 2020
Deposit account interest 19 315
GRANTS PAYABLE
2021 2020
Support ofHay Festival of Literature
Support ofHay on Wye library
and The Arts F E
148,629
-5,000
153,629

SUPPORT COSTS
Governance
Finance Other costs Totals
F f F
Support of Hay Festival ofLiterature and
The Arts 98 40,185 5,570 45,853

DEBTORS:A MOUNTS
FALLING DUE WITHIN ONE YEAR
2021
f
2020
F
Trade debtors
Gift aid recoverable
Prepayments
and accrued income
2,334
3,422
3,207
1,917
5,Q32
212,818
6,963 219,767

CREDIT ORS: AMOUN TS
FALI ING DUE WITHIN ONE YEAR
2021
f
2020
VAT 1,392 1;295
Accruals and deferred income 46,843 314,950
48,235 316,245
Included within accruals and deferred income above is the following deferred income:
2021 2020
Benefactor membership in advance 7,778 11,111
Grant funding 301,544
7,778 312,655

As At 31 December
2021 the
following balances were due (to)/from the Hay Festival of Literature and the
Arts
Limited:
31.12.21 31.12.20
F
Accrued income - membership income 3,134 12,745
Accrued income - grant payable to be returned 200,000
Accrual - Support Services (36,770)