2022-09-30-accounts

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	3
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements	7	to	12

		for t	he Year Ended 30th Septemb	er 2022
				2022	2021
				Unrestricted	Total
INCONIE	AND ENDOWMENTS	FRONI	Notes	fundf	funds 5
Donations	snd legacies			38,337	33,474
Charitable	activities
Worcester	Festival			5,869	1,358
Investment	income			1,201	1,203
Total				45,207	36,035
EXPENDITURE ON
Charitable	activities
Worcester	Festival			46,475	45,590
NET INCOME/(EXPENDITURE)				(1,268)	(9,555)
RECONCILIATION OF FUNDS
Total funds	brought forward			20,171	29,726
TOTAL FUNDS CARRIED FORWARD				18,903	20,171

	Balance Sheet 30th September 2022
		2022	2021
		Unrestncted	Total
		furid	funds
FIXEDASSETS	Notes	5
Tangible assets	12	108	216
CURRENT ASSETS
Debtors Cash at bank	13	3,153 16,630	3,257 20,026
		19,783	23,263
CREDITORS
Amounts falling due within one year	14	(988)	(3,328)
NET CURRENT ASSETS		18,795	19,955
TOTAL ASSETSLESSCURRENT LIABILITIES		18,903	20,171
NET ASSETS		18,903	20,171
FUNDS	15
Unrestricted funds		18,903	20,171
TOTAL FUNDS		18,903	20 171

DONATIONS AND LEG	ACIES
					2022	2021
Donations Gift aid					6 5,210	1,504
Grants					477	244
					32,650	31,726
					38,337	33,474
Grants received, included	in the above, are	as	follows:
					2022	2021
Worcester City Council Eric W Vincent Trust Richard Cadbury Trust Foyle Foundation Fitton Trust Worcester City Council COVID-19Discretionary Business Grant Worcestershire County Council Councillor's Divisional Fund The Ratcliff Foundation					K 23,175 500 1,000 8,000 300 675	8 21,175 500 500 300 4,201 3,050
Other grants under E250					1,000	2,000
					32,850	31,726
INVESTMENT INCOME
Rents received					2022 E	2021f
Bank interest					1,200	1,200
					1	3
					1,201	1,203

INCOME FROM CHARITABLE ACTIVITIES
	2022	2021
	Worcester	Total
	Festival	activities
Sponsorship Advertising	4,250 1,419	1,358
	5,869	1,358

			Direct Costs (see	Support costs (see
Worcester Festival			note 6) 39,345	note 7) 6 7,130	Totals f 46,475
DIRECT COSTS OF CHARITABLE ACTIVITIES
				2022	2021
Performance fees and marketing Brochure and launch costs Marketing expenses Artistic director		expenses		8 r,eee 4,095 6,845	8 8,873 3,749 9,215
Depreciation Professional fees				10,000 108	10,000 378
Postage, printing and stationary Other event expenditure Marketing consultant				506 1,096 1,809 8,997	522 1,005 5,247
				Governance
				39,345	38,987
SUPPORT COSTS
			Management	costs	Totals
Worcester Festival			6,230	900	5 7,130
Support costs, included	in the above, are as follows:
				2022	2021
				Worcester	Total
				Festival	activities
Rent				8
Light, heat and water Insurance				3,250 419	3,000 622
Telephone				1,327	596
Repairs and renewals Independent examination				reg 465 900	879 806 900
				7,130	6,603

			Unrestricted
INCOME	AND ENDOWMENTS	FROM	fundf
Donations	and legacies		33,474
Charitable	activities
Worcester	Festival
			1,358
Investment	income
			1,203
Total
			36,035
EXPENDITURE ON
Charitable	activities
Worcester	Festival
			45,590
NET INCOME/(EXPENDITURE)			(9,555)
RECONCILIATION OF FUNDS
Total funds	brought forward		29,726
TOTAL FUNDS CARRIED FORWARD			20,171

12	. TANGIBLE FIXEDA	S	SETS
							Computer
	COST						equipment f
	At 1stOctober 2021 and
	30th September 2022						1,129
	DEPRECIATION
	At 1stOctober 2021 Charge for year						913 108
	At 30th September 2022						1,021
	NET BOOK VALUE
	At 30th September 2022						108
	At 30th September 2021						216
13.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
	Trade debtors VAT					2022 f 899	2021 f 377
	Prepayments					479 1,775	1,714 1,166
						3,153	3,257
14.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
	Trade creditors Accrued expenses					2022 f 452 536	2021 f 3,328
						988	3,328
15.	MOVEMENT IN FUNDS
						Net
	Unrestricted funds				At 1.10.21 f	movement in funds f	At 30.9.22
	General fund				20,171	(1,268)	18,903
	TOTAL FUNDS				20,171	(1,268)	18,903
	Net movement in funds,	included		in the above are as follows:
					Incoming	Resources	Movement
	Unrestricted funds				resources f	expended f	in funds f
	General fund				45,207	(46,475)	(1,268)
	TOTAL FUNDS				45,207	(46,475)	(1,268)

					Net
				At	movement	At
				1.10.20	in funds	30.9.21
Unrestricted		funds			6
General	fund			29,726	(9,555)	20,171
TOTAL	FUNDS			29,726	(9,555)	20,171
Comparative		net movement	in funds, included	in the above are as follows:
				Incoming	Resources	Movement
Unrestricted		funds		resources 6	expended	in funds
General	fund			36,035	(45,590)	(9,555)
TOTAL	FUNDS			36,035	(45,590)	(9,555)