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|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||
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|||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|
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||||||||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|
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|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|
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|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|