REGISTERED CHARITY NUMBER: 1090446
REPORT OFTHE TRUSTELS AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
FOR
Greenwood Wilson
The Old School
The Stennack
St Ives
Cornwall
TR26 IQU

LAFROWDA FESTIVAL
CONTENTS OF THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Page
Report of the Trustees
Independent Exarniner's Report
ststement of Flnanelal Actlvltles
Balance Sheet
Notes to the Financial Statements
6 to 10
Detailed Statement of Financial Activitie5
Il to 12

LAFROWDA FESTIVAL
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 30 September 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 Slandard applicable in the
UK and Republic of Ireland (FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To advance education in the arts and culture in particular but not exclusively in the St. Just in Penwith area and to
promote the arts for the beneflt of the public in general and in particular for the inhabitants of St. Just in Penwith by
promoting an annual festival of all fornis of the arts and music.
Significant activities
The committee has worked very hard putting on fundraising events and connecting with the community and businesses
of St Just and the surrounding area, as well as bringing in-depth knowledge of grant funding opportunities. This put us in
a good financial position for Lafrowda 2024 but unfortunately, rising costs (for example. Insurance, security, PA and
equipment hire) mean that we paid more than we received. If this was to happen in 2025 ihen the Festival would not be
able to continue. The Trustees decided that the best move forwards was to cancel the 2025 Festival and spend the year
on fund raising events whilst still maintaining a presence in the town. This vms put to Lafrowda Committee which agreed
unanimously. Lafrowda 2026 is being planned.
Public benefil
In Shaping our objectives for the year and planning our activities. the Trustees have considered the Charity Commission's
guidance on public benefiL including the guidance on public benefit and fre charging. The charity does not charge the
public to attend the Lafrowda festival which is freely available for the public to attend. They do charge fees for various
fundraising events held throughout the year in order to ra15e funds to cover the operating costs of running ihe festival. A
small charge is also made to cover the costs of workshops held but these are predominantly funded by schools and
groups thus ensuring free access to all.
FINANCIAL REVIEW
Reserves policy
The Trustees of Lafrowda Festival operate the following reserves policy:
A reserve is required:
l. To cover the eventuality of needing to cancel Lafrowda Day due to unforeseen circumstances, the most likely being
bad weather causing a Health and Safety issue, and
2. To cover a shortfall in funding of the following yeavs activities, and
3. To cover any major project spending.
The amounts required for this reserve are:
1. £5.000 to £6,000 to cover partial stall re-imbursementy 500/0 perfoTmers costs and some hire costs, in the case of
cancellation.
2. Varying year by year, but a figure of £l.000 is seen as sutTicient.
3. £3,000 to cover the costs of replacing old and worn staging ¢quipment.
The amount held at the end of the financial year in bank accounts and in cash will be compared with the above figures.
Any shortfall or excess will then be explained and decisions made on any actions required.
In accordance with our Reserves Policy, the amount of reserves held is £27,627 compared to a necessary amount of
£10,000.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing documenL a deed of trust and constitutes an unincorporated charity.
Page I

LAFROWDA FEsfivAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
sTRU￿uRE GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
We actively engage with the community by means of Lafrowda Friend4 Facebook and Twitter. and face-to-face through
year round events and open meetings, and encourage interested individua15 to become members of the committee and
seek nomination as a Trustee. Appoinlment is then made according to our constitution.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1090446
Principal Vdddress
Bos¢ean Fami
St Just
Cornvrnll
TR19 8QP
Trustees
J Hancock
Miss J Kerrison
Miss D Gibbs
A Snelson
M Perry
Mrs R Griffiths
Mrs C Watling
Independent Examiner
Greenwood Wilson
The Old School
The Stennack
St Ives
Cornwall
TR26 1 QU
Approved by order of the board of trusttts on 17 July 2025 and signed on its behalf by:
A Snelson - Trnslee
Page 2

INDEPENDENT EXAMINER'S REPORT TOTHETRUSTEES OF
LAFROWDA FESTIVAL
Independent examiner's report to the trusttts of iafrowdA Festival
I report to the charity trustees on my examination of the accounts of tafrowda Festival (the Tn￿t) for the year ended
30 September 2024.
Responsibilities 2nd 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 Acr).
I report in respect of my examination of the Trusvs 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 examlner's ststement
I have completed my examination. I confirni that no material matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or
the accounts do not accord with those record5: or
the accounts do not comply with the applicable requirements concerning the fomi 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 dra￿1 in thi5 report in order to enable a proper understanding of the accounts to be reached.
ff/3X
Pete Brotheridge
Greenwood Wilson
The Old School
Stennack
St Ives
Cornwall
TR26 IQU
17 July 2025
Page 3

LAFROWDA FLSTIVAL
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
10.971
26,223
Charltable activitles
Festival activities
6,070
7,025
Other trading activities
Investhient income
22.929
124
19,640
42
Total
40,094
52,930
EXPENDITURE ON
Raising funds
5,536
6,590
Charltable actlvltles
Festival activities
39,928
31299
Totsl
45,464
37,889
NET INCOMEI(EXPENDITURE)
(5,370)
15,041
RECONCILIATION OF FUNDS
Total funds brought forward
32,997
17.956
TOTAL FUIYDS CARRIED FORWARD
27.627
32,997
The notes forni part of these financial sthtements
Page 4

LAFROWDA FEsfivAL
BALANCE SHEET
30 SEPTEMBER 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
FIXED ASSETS
Tangible assets
980
1,470
CURRENT ASSETS
Cash at bank
26,947
31,827
CREDITORS
Amounts falling due within one year
(300)
(300)
NET CURRENT ASSETS
26,647
31,527
TOTAL ASSETS LESS CURRENT
LIABILtTIES
27.627
32,997
NET ASSETS
27,627
32,997
FUNDS
Unrestricted funds
27,627
32,997
TOTAL FUNDS
27.627
32,997
The financial statements were approved by the Board of Trustees and authorised for issue on 17 July 2025 and were
signed on its behalf by:
A Snelson - Trustee
The notes forni part of these fmancial statements
Page 5

LAFROWDA FESTIVAL
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
ACCOUNTING POLICIES
B2$i$ of preparfing the fin#neial 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 Rew)rtin8 by Charities: Ststement 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 l January 2019),,
Financial Reporting Stsndard 102 The Financial Reporting SL￿dard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements have been prepared wider the historical cost
convention.
Ineome
All income is recogni5ed in the Statement of Financial A¢tivitits once the charity has entitlement to the funds. it
is probable that the income will be received and the amount can be measured reliably.
Expendlture
Liabilities are r￿Qgnised as expenditure as soon as there is a legal or constructive obligation Committing the
charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligalion can be m¢8sured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all ¢ost related to the category. Where Costs cannot be direcily
attributed to particular headings they have bcen allocated to a¢livi¢ies on a basis consistent with the use of
resources.
Tanglble flxed assets
Depreciation is provided at the followin8 annual rates in order to write off each asset over its estimated useful
life.
Plant and machinery
Straight line over 10 years
Taxgtlon
The charity is exempt from tax on its ¢haritsble activities.
Fund aeeountlng
Unrestri¢ied fun(ts can be used in accordance with the charitable objectives at the discretion of the trustees.
Re5tricled funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor OT when funds are raised for particular restri¢ted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to Ihe financial ststements.
DONATIONS AND LEGACIES
2024
2023
Donations
Grants
6,471
4.500
9,898
16,325
10,971
26.223
Page 6
continued...

LAFROWDA FESTIVAL
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 SEiYfEMBER 2024
DONATIONS AND LEGACIES- eontlnued
Grants received, included in the above, are as follows:
2024
2023
St Just Town Council
Creative Kernow
Cornwall County Council
Arts Council
Other grants
3,450
900
2,975
9,000
4,500
4,500
16,325
OTHER TRADING ACTIVITIES
2024
2023
Fundraising events
Sponsorships
Programme advertisement
Merchandise Sales
11,184
4,900
2,714
4,131
10,347
4.650
3,590
,053
22,929
19,640
INVESTMENT INCOME
2024
2023
Deposit a¢¢ount interest
124
42
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefils for the year ended 30 September 2024 nor for the year
ended 30 September 2023.
Trustees, expenses
There were no twstees, expenses paid for the year ended 30 September 2024 nor for th¢ year ended
30 Septemb¢r 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
26,223
Charitable activities
Festival activities
7,025
Other trading activities
Investment income
19,640
42
Total
52,930
EXPENDITURE ON
Page 7
continued...

LAFROWDA FESTIVAL
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL A￿1vITIEs- continued
Unrestricted
funds
Raising funds
6,590
Charltable actlvltles
Festival activities
31,299
Totgl
37,889
NET IIYCOME
15.041
RECONCILIATION OF FUNDS
Total funds brought forward
17,956
TOTAL FUNDS CARRIED FORWARD
32,997
TANGIBLE FIXED ASSETS
Plant and
ma¢hin¢ry
COST
At l October 2023 and 30 September 2024
4,901
DEPRECIATION
At l October 2023
Charge for year
3,431
490
At 30 September 2024
3,921
NET BOOK VALUE
At 30 September 2024
980
At 30 September 2023
1,470
Page 8
continued...

LAFROWDA FESTIVAL
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 SEPTEMBER2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
300
300
MOVEMENT IN FUNDS
Net
movement
in funds
At
Iiior23
At
3019r24
Unrestrlcted funds
General fund
32,997
(5,370)
27.627
TOTAL FUNDS
32,997
(5,370)
27,627
Net movement in funds, included in the above are as follows:
Incoming
Movement
in funds
expended
Unrestrlcted funds
General fund
40,094
(45.464)
(5,370)
TOTAL FUNDS
40,094
(45,464)
(5,370)
Comparatlves for movement In funds
Net
movement
in funds
At
Iiior22
At
3019123
Unrestricted funds
General ￿nd
17,956
15.041
32,997
TOTAL FUNDS
17,956
15.041
32,997
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in fvnds
Unrestricted funds
General fund
52,930
(37,889)
15,041
TOTAL FUNDS
52.930
(37,889)
15,041
Page 9
¢ontinued...

LAFROWDA FESTIVAL
NOTES TO THE FINANCIAL sfATEMENTS- continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
MOVEMENT IN FUNDS - eontinued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
IiIOll2
At
3019124
Unrestricted funds
General fimd
17,956
9,671
27.627
TOTAL FUNDS
17,956
9,671
27,627
A current year 12 months and prior year 12 months combined net movement in funds. included in the above are
follows:
Incoming
resources
Resources
expended
Movement
in fimds
Unrestrieted funds
General fimd
93.024
(83.353)
9,671
TOTAL FUNDS
93,024
(83.353)
9,671
io.
RELATED PARTY DISCLOSURES
There were no related party trdnsactions for the year ended 30 September 2024.
Page 10

LAFROWDA FESTIVAL
DETAILED ￿ATEMENT OF FINANCIAL A￿1VITIEs
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
6,471
4,500
9.898
16.325
10,971
26,223
Other trading activities
Fundraising events
Sponsorships
Programme advertisement
Merchandise Sales
11,184
4,900
2,714
4,131
10,347
4.650
3.590
1,053
22,929
19,640
Investment income
Deposit account interest
124
42
Charitable aetivities
Sialls & hire charges income
Income from schools
4,820
1.250
4,225
2,800
6,070
7,025
Total incoming resources
40,094
52,930
EXPENDITURE
Other trading ?ctivities
Fundraising costs
Plant and machinery
5,046
490
6.100
490
5,536
6,590
Charitable aetivitles
Insurance
School costs
Rent
Perfonners
Hire of plant and machinery
Licenses
Printing. postage and stationery
Road ¢losure and security
Sundry expenses
Infrastructure costs
Health & Safety costs
Merchandise
2.041
8.030
,155
10,324
1,717
158
2.048
900
9,701
1,088
6,600
144
1,964
149
465
7.217
1,700
430
7,018
1,800
2,317
37,202
29,928
This page does Dot fomi part of the ststutory financial slalements
Page 11

LAFROWDA FESTIVAL
DETAILED STATEMENT OF FINANCIAL A￿1VITIEs
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2023
Support cost$
Information technology
Repairs and renewals
2,426
1,071
Governance costs
Accountancy and legal fees
300
300
Total resources expended
45,464
37.889
Net (expendlture)lincome
(5.370)
15,041
This page does not fonn part of the statuiory financial ststements
Page 12