2021-09-30-accounts - Broadstairs Folk Week

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				2021	2020
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	f	f	f	f
FIEDASSETS
Tangible assets	10	874		074	361
CURRENT ASSETS
Stocks	11	4,033		4,033	3,838
Debtors	12	5,997		5,997	7,131
Cash at bank		82,961		82,961	71,841
		92,991		92,991	82,810
CREDITORS
Amounts falling due within one year	13	(4,470)		(4,470)	(29,045)
NET CURRENT ASSEfS		88,521		88,521	53,765
TOTAL ASSETS LESSCURRENT LIABILITIES		89,395		89,395	54,126
		89,395		89,395	54,126
FUNDS	14
Unrestricted funds				89,395	40,871
Restricted funds					13,255
TOTAL FUNDS				89,395	54,126

		2021f	2020 f
Donations and street collections		29,094	16,406
Sponsorship		6,875
Grants		85,197	55,590
		121,046	71,996
Grants received, included	in the above, are as follows:
		2021f	2020 f
Job Retention Scheme		14,730	13,781
Thanet District Council		10,512	7,500
Arts Council - Culture Recovery Fund		41,594	21,054
Arts Council		1,473	13,255
Broadstairs BtSt Peters Town Council		5,000
KCC Members Grant		1,500
Arts Council Emergency	Fund	10,298
		85,107	55,590
OTHER TRADING ACllVIllES
		2021f	2020 f
Fundraising events		13,524	7,106
INVESTMENT INCOME
		2021	2020
			f
Deposit account interest		4	16

							Direct	Support
							Costs	cosis	Totals
							f	f		f
Festival							211,660	83,830	297,490
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is	stated after charging/(crediting):
								2021f	2020 f
Depreciation -owned assets								291		120
Independent examination								816		660
TRUSTEES' REMUNERATION			AND	BENEFITS
There were no trustees'	remuneration			or other benefits for the			year ended 30	September 2021 nor	for the		y
ended 30September 2020.
Trustees' expenses
There were no trustees'		expenses		paid	for the year	ended	30 September	2021 nor for the	year	en	d
30September 2020.
STAFF COSTS
The following staff costs	were incurred:-
								2021		2020
								f		f
Gross Salaries								48.838	47,855
Employers NI Employers Pension Contributions								3,027 ~1	3,927 ~8
Total								$226

FOR	THE YEAR ENDED	30SEPTEMBER2021	30SEPTEMBER2021	30SEPTEMBER2021
9.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL			ACIIVlllES - continued
						Unrestricted	Resticted	Total
						fund	fund	funds
						f	I	f
	EXPENDITURE ON
	Raising funds					147		147
	Charitable activities
	Festival					84,015		84,015
	Total					84,162		84,162
	NET INCOME					2,176	13,255	15,431
	RECONCRIATION	OF FUNDS
	Total funds brought		forward			38,695		38,695
	TOTAL FUNDS CARRIED FORWARD					40,871	13,255	54,126
10.	TAN15IBLE HXED ASSETS
						Fixtures
				Plant	and	and	Office
				machineqr f		fittings	equipment f	Totals f.
	COST
	At 1October 2020			2,679		127		7,654
	Additions							804
	At 30September	2021				127		8,458
	DEPREOATION
	At 1 October 2020			2,393		126	4,774	7,293
	Charge for year			272			19	291
	At 30September	2021		2,665		126	4,793	7.584
	NET BOOK VALUE
	At 30September	2021		818			55	874
	At 30September	2020			286		74	361

11.	STOCKS
								2021	2020
								f	f
	Stocks							4,033	3,838
12.	DEBTORS:AMOUNTS				FALUNG	DUE WITHIN ONE YEAR
								2021f	2020 f
	Trade debtors							1,840
	Prepayments	and accrued income						4,157	1,766
	Other debtors								5,365
								5,997	7,131
13.	CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
								2021	2020
								f	f
	Trade creditors							1,013	2,230
	Social security		and other taxes					457	547
	Other creditors								13,781
	Accruals and	defened		income					12,487
								4,470	29,045
14,	MOVEMENT	IN FUNDS
								Net
							At	movement	At
							1/10/20	in funds	30/9/21
							f	f	f
	Unrestricted	funds
	General fund						40,871	48,524	89,395
	Restricted funds
	Grassroots Live		Music				13,255	(13,255)
	TOTALFUNDS						54,126	35,269	89,395
	Net movement		in funds,		included	in the above are as follows:
							Incoming	Resources	Movement
							resources f	expended f	in funds f
	Unrestricted	funds
	General fund						331.876	(283,352)	48.524
	Restricted funds
	Grassroots Live		Music				1,473	(14,728)	(13,255)
	TOTAL FUNDS						333.349	(298,080)	35,269

FOR THE YEAR END	ED	30SEPTEM	BER2021
				2021	2020
				E	f
INCOME AND ENDOWMENTS
Donations and legacies
Donations and street	collections			29,064	16,406
Sponsorship				6.875
Grants				85,107	55,590
				121,046	71,996
Other trading activities
Fundraising events				13,524	7,106
Investment income
Deposit account interest					16
Charitable activities
Season tickets, camping		and events	(including
pubs)				107,494
Craft fair				29,531
Programmes and other income				7,020	118
Merchandise sales				10,704	600
Marquee bar sales				40.919	406
Winter Festival income					16,068
Employment allowance				3,027	3,083
				198,775	20,475
Total incoming resources				333,349	99,593
EXPENDITURE
Raising donations and		legacies
Sundries				590	147
Charitable activities
Merchandise and programmes				9,793	2,154
Artist fees, expenses and		accommodation		72,532	519
Venue hire including	all	PA hire		5,555
Concert area				49,140
Campsite				27,197
Craft fair				21,866
Road closure (parade)				150	75
Marquee bar costs				2tr439	1,656
Performing rights and lottery				3.989
Winter Festival costs					5,836
				211,660	10,242