AGM June 2024 ## **Treasurer’s Report 2023/4** Annual Account of the Norfolk County Music Fes;val for the year ending 31 May 2024. The accounts for 2023/4 show a total income for the year of £59,717.42 (£34,360.00 from Grants plus interest from the Fidelity fund of £1848.02) with expenditure being £53,397.98. The bank account shows a final balance of £6319.44 On 31[st] May 2024. Sheila Coakes Treasurer |Norfolk CountyMusic festival Accounts:|Norfolk CountyMusic festival Accounts:|Norfolk CountyMusic festival Accounts:|Norfolk CountyMusic festival Accounts:||||| |---|---|---|---|---|---|---|---| |Year Ended 31st May2024|||||||| ||||||||| ||||||2024||2023| |**Income**|||||||| ||||||||| |**Balance b/fwd May 31st 2023**|||||£ 1,253.29||| |Grants/ Donations|||||£34,360.00||£
5,500.00| |Local Giving/EasyFundraising|||||£
52.51||| |Festival EntryFees|||||£12,143.94||£
5,470.00| |Festival Door Receipts (incl £1200 foat)|||||£10,059.66||£
7,925.04| |Investment Portfolio Income|||||£ 1,848.02||£
2,093.40| |Investment Portfolio Withdrawal|||||||| ||||||||| |**Total Income**|||||£59,717.42||£ 20,988.44| ||||||||| |**Expenditure**|||||||| |Venue Hire|||||£ 9,489.80||£
2,809.00| |Adjudicator Fees & Expenses|||||£ 7,435.87||£
3,509.98| |Hotels for Adjudicators|||||£
529.93||£
1,037.19| |Accompanist Fees|||||£
666.00||£
1,257.35| |Piano Hire & Tuning|||||£
950.00||£
1,015.00| |IT Costs|||||£ 2,252.50||£
172.66| |Printing, advertising, display|||||£ 3,456.08||£
2,520.45| |Admininstration Salary/Dev/Exp|||||£22,881.27||£
8,027.95| |Insurance|||||£
916.20||£
1,173.20| |Float & Card Reader|||||£ 1,616.20||£
1,200.00| |Stewards Expenses|||||£
182.64||| |Filming|||||£
300.00||£
837.76| |Coaches|||||£ 2,587.89||| |Misc|||||£
133.60||| |**Total Expenditure**|||||£53,397.98||£ 23,560.54| ||||||||| |**Total Income Less Total Expenditure**|||||£ 6,319.44||| ||||||||| |**Bank balance as at 31st May 2024**|||||£ 6,319.44||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| 1 AGM June 2024 ## **Treasurer’s Report 2023/4** Annual Account of the Norfolk County Music Fes;val for the year ending 31 May 2024. The accounts for 2023/4 show a total income for the year of £59,717.42 (£34,360.00 from Grants plus interest from the Fidelity fund of £1848.02) with expenditure being £53,397.98. The bank account shows a final balance of £6319.44 On 31[st] May 2024. Sheila Coakes Treasurer Grapex Accountancy Solutions Ltd Stable Barn Witton Norwich NR13 5DN 5 March 2025 ## **Sheila Coakes** Norfolk County Music Festival Association Dear Sheila Please find attached the Statement of Financial Activities for the Norfolk County Music Festival Association for the financial period 01/06/2023 - 31/05/2024. These financial statements have been reviewed in accordance with the requirements of the _Charities Act_ 2011 (‘the Act’). Upon completion of the review, I confirm that no material matters have come to my attention giving me cause to believe that the accounts give a ‘true and fair view’ of the activities of the association. My sole recommendation would be for the charity to align their financial reporting period with that of the Charities Commission. Sincerely, ## _**Fawn Hindle ACCA**_ ## **Norfolk County Music Festival Association Statement of Financial Activities** ## **June 2023 - May 2024** |**Income**
Annual Fees
Door Entry Income
Grants Income
Legacy Income
Miscellaneous Income
**Total Income**
**Expenditure**
Adjudicator fees
Administrative expenses
Advertising
Insurance
IT Expenses
Miscellaneous expenses
Musician fees
Travel expenses
Venue Hire
**Total Expenditure**
Net income/(expenditure)
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|12,143.94
10,059.66
34,360.00
1,848.02
52.51| |---|---| ||58,464.13
3,769.74
24,680.11
5,172.21
916.20
2,252.50
2,383.60
4,203.89
529.93
9,489.80
**53,397.98**
5,066.15
1,253.29
**6,319.44**| _*Disclaimer: This financial period does not align with the Charities Commission financial year._