**REGISTERED CHARITY NUMBER: 1070179** 

## **REPORT OF THE TRUSTEES AND** 

## **FINANCIAL STATEMENTS** 

## **FOR THE YEAR ENDED 31ST DECEMBER 2024** 

## **FOR** 

## **HAYDN FESTIVAL TRUST** 

Stanton Ralph & Co Limited Chartered Accountants The Old Police Station Whitburn Street Bridgnorth Shropshire WV16 4QP 



**HAYDN FESTIVAL TRUST** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Statement of Financial Position**||5||
|**Notes to the Financial Statements**|6|to|9|
|**Detailed Statement of Financial Activities**||10||





**HAYDN FESTIVAL TRUST** 

## **REPORT OF THE TRUSTEES** 

## **FOR THE YEAR ENDED 31ST DECEMBER 2024** 

The trustees present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of Accounting and Reporting by  Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance  with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1  January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and activities** 

This year I was very pleased that we were able to support another full weeks festival. 

The week of lunchtime and evening concerts were enthusiastically received by the audiences who  were delighted by the live performances of Joseph Haydn's music. 

We are already planning another full week of concerts for the 2025 season. 

I want to thank the Trustees, the Festival Friends for their financial support, and all our volunteers for their dedication to the task of supporting the Trust's mission of the advancement of classical music, particularly relating 18th century compositions, by financially supporting the Festival, and by educational school visits. 

## **ACHIEVEMENTS AND PERFORMANCE Charitable activities** 

This year has seen an increase in the number of 'Friends', who contribute to the Trust funds. 

Moreover, we were successful in obtaining a substantial grant from the Continuo Foundation who  supported the Festival Orchestra. 

However, with their continuing financial problems, we did not receive any funding from the Town and  County Councils who normally provide the financial support of a Schools' Concert. This was replaced with a visit by musicians providing a master class at the local infants' school. 

I am pleased to report a surplus of funds, providing a firm financial base for the future. 

## **FINANCIAL REVIEW Financial position** 

During the year ended 31st December 2024, there was a surplus of income over expenditure of £13,674 compared to a deficit of £4,457 last year. The Charity continues to promote classical musical to the  local area. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, dated 2nd June 1998, and constitutes  an unincorporated charity. 

## **Recruitment and appointment of new trustees** 

The charity does not use any particular method to recruit and appoint new trustees but relies on the  goodwill and assistance from local residents. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

1070179 

## **Principal address** 

20 West Castle Street Bridgnorth Shropshire WV16 4AB 

Page 1 



**HAYDN FESTIVAL TRUST** 

## **REPORT OF THE TRUSTEES** 

## **FOR THE YEAR ENDED 31ST DECEMBER 2024** 

## **Trustees** 

Mr M C Proudman Mrs A Macdonald A S G Thompson 

**Independent Examiner** Stanton Ralph & Co Limited Chartered Accountants The Old Police Station Whitburn Street Bridgnorth Shropshire WV16 4QP Approved by order of the board of trustees on 16th October 2025 and signed on its behalf by: 

## M C Proudman 

Mr M C Proudman - Trustee 

Page 2 



**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAYDN FESTIVAL TRUST** 

## **Independent examiner's report to the trustees of Haydn Festival Trust** 

I report to the charity trustees on my examination of the accounts of Haydn Festival ended 31st December 2024. 

Trust (the Trust) for the  year 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance  with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and  in carrying out my examination I have followed all applicable Directions given by the Charity Commission  under Section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no material matters have come to my attention  in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any  requirement that the accounts give a true and fair view which is not a matter considered as part of an  independent examination. 

I have no concerns and have come across no other matters in connection with the examination to  which attention should be drawn in this report in order to enable a proper understanding of the accounts to  be reached. 

Stanton Ralph & Co Limited 

Stanton Ralph & Co Limited Chartered Accountants The Old Police Station Whitburn Street Bridgnorth Shropshire WV16 4QP 

16th October 2025 

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**HAYDN FESTIVAL TRUST** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024** 

|||31.12.24|31.12.23|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies||43,479|40,920|
|Other trading activities|2|13,750|8,358|
|**Total**||57,229|49,278|
|**EXPENDITURE ON**||||
|Other||43,555|53,735|
|**NET INCOME/(EXPENDITURE)**||13,674|(4,457)|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward||10,297|14,754|
|**TOTAL FUNDS CARRIED FORWARD**||23,971|10,297|



The notes form part of these financial statements 

Page 4 



**HAYDN FESTIVAL TRUST** 

## **STATEMENT OF FINANCIAL POSITION** 

## **31ST DECEMBER 2024** 

|||31.12.24|31.12.23|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**CURRENT ASSETS**||||
|Debtors|5|2,502|-|
|Cash at bank||21,469|10,297|
|||23,971|10,297|
|**NET CURRENT ASSETS**||23,971|10,297|
|**TOTAL ASSETS LESS CURRENT**|**LIABILITIES**|23,971|10,297|
|**NET ASSETS**||23,971|10,297|
|**FUNDS**|6|||
|Unrestricted funds||23,971|10,297|
|**TOTAL FUNDS**||23,971|10,297|



The financial statements were approved by the Board of Trustees and authorised for issue on 16th October 2025 and were signed on its behalf by: 

## M C Proudman 

Mr M C Proudman - Trustee 

The notes form part of these financial statements 

Page 5 



**HAYDN FESTIVAL TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have  been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by  Charities: Statement of Recommended Practice applicable to charities preparing their accounts in  accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)  (effective 1 January 2015)', Financial Reporting Standard 102 The Financial Reporting Standard applicable in  the UK and Republic of Ireland ' and the Charities Act 2011. The financial statements have been  prepared on a receipts and payments basis under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to  the funds, the income has been received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, a transfer of economic benefits will be required  in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted  for on an payments basis and has been classified under headings that aggregate all cost related to  the category. Where costs cannot be directly attributed to particular headings they have been  allocated to activities on a basis consistent with the use of resources. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the  charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the  financial statements. 

## **2.** 

## **OTHER TRADING ACTIVITIES** 

Subscriptions & donations 

31.12.24 31.12.23 £ £ 13,750 8,358 

## **3. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31st December 2024 nor for the year ended 31st December 2023. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31st December 2024 nor for the year ended 31st December 2023. 

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**HAYDN FESTIVAL TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** 

## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

|||||Unrestricted|
|---|---|---|---|---|
|||||fund|
|||||£|
||**INCOME AND ENDOWMENTS FROM**||||
||Donations and legacies|||40,920|
||Other trading activities|||8,358|
||**Total**|||49,278|
||**EXPENDITURE ON**||||
||Other|||53,735|
||**NET INCOME/(EXPENDITURE)**|||(4,457)|
||**RECONCILIATION OF FUNDS**||||
||Total funds brought forward|||14,754|
||**TOTAL FUNDS CARRIED FORWARD**|||10,297|
|**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||31.12.24|31.12.23|
||||£|£|
||Other debtors||2,502|-|
|**6.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
|||At 1.1.24|in funds|31.12.24|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|10,297|13,674|23,971|
||**TOTAL FUNDS**|10,297|13,674|23,971|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|57,229|(43,555)|13,674|
||**TOTAL FUNDS**|57,229|(43,555)|13,674|



Page 7 



**HAYDN FESTIVAL TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** 

## **6. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.1.23|in funds|31.12.23|
||£|£|£|
|**Unrestricted funds**||||
|General fund|14,754|(4,457)|10,297|
|**TOTAL FUNDS**|14,754|(4,457)|10,297|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|49,278|(53,735)|(4,457)|
|**TOTAL FUNDS**|49,278|(53,735)|(4,457)|



A current year 12 months and prior year 12 months combined position is as follows: 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.1.23|in funds|31.12.24|
||£|£|£|
|**Unrestricted funds**||||
|General fund|14,754|9,217|23,971|
|**TOTAL FUNDS**|14,754|9,217|23,971|



A current year 12 months and prior year 12 months combined net movement in funds, included in  the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|106,507|(97,290)|9,217|
|**TOTAL FUNDS**|106,507|(97,290)|9,217|



Page 8 



**HAYDN FESTIVAL TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** 

## **7. RELATED PARTY DISCLOSURES** 

There are no related party transactions for the year ended 31st December 31st December 2023. 

2024, nor for the year  ended 

Page 9 



**HAYDN FESTIVAL TRUST** 

## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024** 

||31.12.24|31.12.23|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Tickets, programmes and discs|9,576|13,012|
|Sponsorships and other income|28,335|20,501|
|Gift aid|5,568|7,407|
||43,479|40,920|
|**Other trading activities**|||
|Subscriptions & donations|13,750|8,358|
|**Total incoming resources**|57,229|49,278|
|**EXPENDITURE**|||
|**Other**|||
|English Haydn Festival Limited|43,071|52,916|
|Advertising|484|819|
||43,555|53,735|
|Total resources expended|43,555|53,735|
|**Net income/(expenditure)**|13,674|(4,457)|



This page does not form part of the statutory financial statements 

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