2020-08-31-accounts

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3-4 8-9

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T e ec a d ded 3 20. h ir torpresents his report nd accounts for the perio en 1 August 20	T e ec a d ded 3 20. h ir torpresents his report nd accounts for the perio en 1 August 20
Principal activities
a c a ac d ea ed be Thecomp ny's prin ip	tivity uring the y rcontinu§ to organizing the
M c Valley Chamber usi Festival.
Director
T ef e da c d ea : h_ ollowing p rson serve’ sdire tor uring the y r DanielTong
Directors Responsibilities
c b e a e dacc acc a ce The dire tor is responsi le for pr p ring the r port an ountsin ord n_	e with
a e a . pplicabl law and regul tions
a eac ac a c Company law requires the director to prep r countsfore h fin n 1al yearwhich
e a a e a faff a a giv atrue ndfirvi wofthest teo airsofthe comp ny nd of the incoming
resources and the application of resource, including income	and
a a d. I eacc e expenditure, ofthe comp ny for th t perio —_n preparing thes ounts th director
is required to:
c c e c ; e sele t suitable accounting poli ies and then apply th m_ onsistently
e observe the methods and principles ofthe Charity SORP
e a a a a e a de ; e makejudgem nts and estim tes th t rereason bl ndpru_ nt
c ba e a a e e prepare the accounts on the going oncern — sisunl ss it isin ppropri t_ to
e e . pr sum that the company will continue in business
e e a e a a The director isr sponsible for ke ping adequ t records th t disclosewithre son	ab e
ac ac a cur y tany time the financial position ofthe company andenable him to ensure
a acc th t the — ounts comply with the Companies Act 2006. He isalso responsible for
e c a d safeguarding the assets of th omp ny an hence for taking reasonable steps for
a a . thepreventionanddetectionoffrud ndotherirregularities

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This report W<lS c1PPI"oiied by tIIL board on /6/71£, Daniel Tong Dircctor

Independent Examiner's Report to the Trustees Wye Valley Chamber Music Festival I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31 August 2020 set out on pages 6 to 9. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent Examiner's Statement I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records. or the accounts did nol comply with the applicable requirements concerning the forni 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 drawn in this report in order to enable a proper understanding of the accounts to be reached. 2 {-C>b - 2C)2{ John Wheelock

Wye Valley Chamber Music Festival Ltd

Statement of Financial Activities for the year ended 31 August 2020

Income (Note 2) Income from: Donations Charitable activities Investments Total Expenditure Expenditure on: Raising funds Charitable activities Total Net income/(expenditure) Reconciliation of funds Total funds brought forward Total funds carried forward	2019 Unrestricted funds Total funds Total funds £ £ £ 15,298 15,298 12,946 19,147 19,147 37,956 5 5 5 2020
	34,450 34,450 50,907
	2,654 2,654 2,489 30,585 30,585 54,688
	33,239 33,239 57,177
	1,211 1,211 (6,270.00) 30,327 30,327 36,597
	31,538 31,538 30,327

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11 ic. l-iilli'i ('h:iiiihi'r 11 Ii%ji fr-i'%tii Al l.td 2019 I'(Ilal lirnd.s To¢al funds .L'btors INoie 31 iivestments (Note 41 3sh3t bankand in hane (Note 51 ().l)(19 10.( 2J.169 (Tr.969 l O.O(K> ?_3,169 411.13 6.9116 i 0.000 17.269 34.175 r¢diloTh: :Iiiioiinl% r.Illiiig Illi¢ li itliiii on if:Ir 3.848 Li currcn( aslei 31.)38 30.3?7 tr'un(Is uf tlie ch4iriii' I nrestlcled fiinds 30.3?7 I'le direcior 1% %atis1 ￿E'd ili.'Ii ili¢ ¥l)IiipJiii- is eniitled i(Tr cxenipiion Iri)m ille requiremeni 10 obrJin an audit -'Idei scciion 4 1 i ul. Ihi L vinp"Ililii ALI ?006 :Ind Ihiil Ihi mi'miK'r hai noi re(iuiriil ilii iunipdn J. lo ubiain an iudii in aeeordJncc i¥ lili iiiliiin 4 16 Ol- Ihi Aci I le director aLknou leJg-. mpanies Ac i !00(i li Ith r￿S￿l.( Iu ."li¢viinliiig i<Lordi dnd Ihl pfipJfiilion ul'*lL¥oulli5. l )dniel I'ong )Irccior pproved by the bo,Ii"d oli

Wye Valley Chamber Music Festival Ltd

Notes to the accounts

for the year ended 31 August 2020

Note 1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

Note 2 Income Donations Donations and gifts Gift aid Grants provided by other charities Total Charitable activities Interest income Total income Note 3 Debtors Analysis of debtors Prepayments and accrued income Total debtors Note 4 Investments The value of all investments is stated at historic cost Analysis of current asset investments Listed investments Note 5 Cash at bank and on hand Short term deposits Cash at bank and on hand Total	2019 Unrestricted funds Total funds Total funds £ £ £ 10,389 10,389 8,420 4,909 4,909 4,526 6,000 6,000 12,400 2020	2019 Unrestricted funds Total funds Total funds £ £ £ 10,389 10,389 8,420 4,909 4,909 4,526 6,000 6,000 12,400 2020
	21,298 21,298 25,346
	13,147 13,147 25,556
	5 5 5
	34,450	34,450 50,907
		2020 2019 £ £ 6,969 6,906
		6,969 6,906
		2020 2019 £ £ 10,000 10,000
		2020 2019 £ £ 10,016 10,011 13,153 7,258
		23,169 17,269

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Note 6 Creditors and accruals Accruals for grants payable Accruals and deferred income Total Note 7 Related party transactions	2020 2019 £ £ 8,000 600 3,847
	8,600 3,847

During the year purchases of wine were made from Fingal Rock, a company of which a trustee, Tom Innes, is a director.

During the year investments were arranged by Pembroke Asset Management LLP, a firm of Financial Advisers to which a Trustee, Michael Butterfield, is a consultant.

Premises for charitable events are hired from R.A. & J.P. Wheelock, a partnership of which the Independent Examiner, John Wheelock, is a member.

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