2021-09-30-accounts

Contents ofthe Financial Statements
forthe Year Ended 30th September 2021
		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	3
Independent Examineds Report
Statement ofFinancial ActiviTies
Balance Sheet
Notes to the Financial Statements	7	to	12
Detailed Statement ofFinancial Activities		13

		for	the Year Ended 30th Septembe	r 2021
				2021	2020
				Unrestricted	Total
				fund	funds
			Notes	8	6
INCOME AND ENDOWMENTS		FROM
Donations and legacies				33,474	34,223
Charitable activities
Worcester Festival				1,358	3,550
Investment income				1,203	1,206
Total				36,035	38,979
EXPENDITURE ON
Charitable activities
Worcester Festival				45,590	34,251
NET INCOMEI(EXPENDITURE)				(9,555)	4,728
RECONCILIATION	OF FUNDS
Total funds brought forward				29,726	24,998
TOTAL FUNDS CARRIED FORWARD				20,171	29,726

		Balance Sheet 30th September 2021
			2021	2020
			Unrestricted	Total
			fund	funds
		Notes	6	f
FIXEDASSETS
Tangible	assets	12	216
CURRENT ASSETS
Debtors		13	3,257	1,281
Cash at	bank		20,026	28,729
				30,010
CREDITORS
Amounts	falling due within one year	14	(3,328)	(553)
NET CURRENT ASSETS			19,955	29,457
TOTAL	ASSETSLESSCURRENT LIABILITIES		20,171	29,726
NETASSETS			20,171	29,726
FUNDS
Unrestricted funds			20,171	29,726
TOTAL	FUNDS		20,171	29,726

							2021f	2020
Donations							1,504	1,863
Gift aid							244	250
Grants							31,726	32,110
							33,474
Grants received,		included	in the above, are	as	follows:
							2021	2020
							2	2
Worcester City Council							21,175	26,810
Eric WVincent Trust							500	500
Richard Cadbury		Trust					500
Foyle Foundation								5,000
Fitton Trust							300	300
Baron Davenport								800
Worcester City Council COVID-19 Discretionary					Business Grant		4,201
Worcestershire	County Council Councillor's			Divisional		Fund	3.050
The Ratdilf Foundation							2,000
							31,726	32,110
INVESTMENT INCOME
							2021	2020
								6
Rents received							1,200	1,200
Deposit account		interest					3	6
							1,203	1,206

INCOME FROM CHARITABLE ACTIVITIES
	2021	2020
	Worcester	Total
	Festival	activities
	5
Sponsorship	1,358	3,550

Included in sponsorship	is 5900 (2020:f750) in relation	is 5900 (2020:f750) in relation	to the Independent	Examination	Examination	fees provided	by	Richards
Sandy, in exchange forsponsorship.
CHARITABLE ACTIVITIES COSTS
			Direct			Support
			Costs	(see	costs (see
			note	6)		note 7)	Totals
			5			6		E
Worcester Festival			38,987			8,803		45,590
DIRECT COSTS OF CHARITABLE ACTIVITIES
						2021	2020
						5
Performance Fees and Marketing		Expenses				8,873		4,310
Brochure and launch costs						3,749		2,000
Website Costs								517
Marketing Expenses Artistic Director						9,215 10,000		6,308 10,000
Depreciation						376		268
Professional Fees								2,002
Postage, Printing and Stationary Other event expenditure						522 1,005		570 686
Marketing consultant						5,247
						38,987
SUPPORT COSTS
					Governance
			Management			costs		Totals
						F		5
Worcester Festival			5,703			900		6.603
Support costs, included	in the above, are as follows:					2021		2020
						Worcester		Total
						Festival	activities
						5		2
Rent						3,000		3,000
Light, heat and water Insurance						622 596		1,037 1,169
Telephone Repairs and renewals Independent examination						879 606 900		827 807 750
						6,603		7,590

COMPARA	TIVES F	OR THE ST	ATEMENT	OF FINANCIAL ACTIVITIES
					Unrestricted
					fund
					F
INCOME AND ENDOWMENTS			FROM
Donations	and legacies				34,223
Charitable	activibes
Woroester	Festival				3,550
Investment	income				1,206
Total					38,979
EXPENDITURE ON
Charitable	activities
Worosster	Festival				34,251
NET INCOME					4,728
RECONCILIATION		OF FUNDS
Total funds brought forward					24,998
TOTAL FUNDS CARRIED FORWARD					29,726
				Page 10	continued. ..

	Worcester Festival Ltd	Worcester Festival Ltd
	Detailed Statement ofFinancial Activities
	forthe Year Ended 30th September	2021
			2021	2020
				6
INCOME AND ENDOWMENTS
Donations and legacies
Donations Gilt aid Grants			1,504 244 31,726	1,863 250 32,110
			33~74	34,223
Investment income
Rents received Deposit account interest			1,200 3	1,200 6
			1,203	1,206
Charitable activities
Sponsorship			1,358	3,550
Total incoming resources			36,035	38,979
EXPENDITURE
Charitable activities
Performance Fees and Marketing Brochure and launch costs Website Costs Marketing Expenses Arbstic Director Depreciation Professional Fees Postage, Printing and Stationary Other event expenditure Marketing consultant	Expenses		8,873 3,749 9,215 10,000 376 522 1,005 5,247	4,310 2,000 517 6,308 10,000 268 2,002 570 686
			38,987	26,661
Support costs
Management
Rant Light, heat and water Insurance Telephone Repairs and renewals			3,000 622 598 879 606	3,000 1,037 1,169 827 807
			5,703	6,840
Governance costs
independent examination			900	750
Total resources expended			45,590	34,251
Net (expenditure)/income			(9,555)	4,728