| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Indepeadent Examiner's Report |
|||
| Statement ofPinancial Activities | |||
| Balance Sheet | 6 | to | 7 |
| Notes to the Pinaacia1 Statemeats | 8 | to | 15 |
| Detailed Statement ofFinancial Activities | 16 | to | 17 |
| 31.12.20 | 31.12.19 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | f. | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
116,676 | 70,455 | 187,131 | 189,$20 | ||
| Charitable activities |
||||||
| Festival | 13,218 | 13/08 | 26,426 | 235,648 | ||
| Investment income |
364 | 364 | 1,093 | |||
| Other income | 4,594 | 5,065 | 9,659 | |||
| Total | 134,852 | 88,728 | 223,580 | 426,561 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 6 | $9490 | 831 | 9421 | 10,169 | |
| Charitable activities |
||||||
| Festival | 87,479 | 135,659 | 223,138 | 400,561 | ||
| Total | 95,969 | 136,490 | 232,459 | 410,730 | ||
| NET INCOME/(EXPENDITURE) | 38,883 | (47,762) | (8,879) | 15,831 | ||
| Transfers between funds |
17 | (47,762) | 47,762 | |||
| Net movement in funds |
(8,879) | (8,879) | 15,$31 | |||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 179,$13 | 179,813 | 163,9$2 | ||
| TOTAL FUNDS CARRIED FORWARD | 170,934 | 170,934 | 179,$13 |
| 31.12.20 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | fund | funds | fuads | fundsf | |
| FIXEDASSETS | |||||
| Tangible assets | 14 | 7,730 | 7,730 | 4,201 | |
| CURRENT ASSETS | |||||
| Debtors | 15 | 5,923 | 5,923 | 5,258 | |
| Cash at bank | 168,415 | 168,415 | 191,130 | ||
| 174,338 | 174438 | 196,388 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
16 | (11,134) | (11,134) | (20,776) | |
| NKT CURRENT ASSETS | 163,204 | 163/04 | 175,612 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 170,934 | 170,934 | 179,813 | ||
| NET ASSETS | 170,934 | 170,934 | 179,813 | ||
| FUNDS | 17 | ||||
| Unrestricted funds |
170,934 | 179,813 | |||
| TOTAL FUNDS | 170,934 | 179,813 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| I | ||
| Sponsorship | 128/80 | 133,333 |
| Gifis | 33,636 | 28,869 |
| Grants | 1,250 | 6,250 |
| Gill aid recovered | 23,965 | 21,368 |
| 187,131 | 189,820 | |
| INVESTMKNT INCOME | ||
| 31.12.20 | 31.12.19 | |
| Interest | 364 | 1,093 |
| 31.12.20 | 31.12.19 | ||||||
|---|---|---|---|---|---|---|---|
| Activity | 8 | ||||||
| Ticket sales | Festival | 25,176 | 201,443 | ||||
| Cushion hire proceeds | Festival | 908 | |||||
| Sale offood and drinks | Festival | 22,210 | |||||
| Advertising | Festival | 1,000 | 7,165 | ||||
| Sales ofprogrammes | dt other | ||||||
| income | Festival | 250 | 3,922 | ||||
| 26,426 | 235,648 | ||||||
| 6. | RAISING FUNDS | ||||||
| Raising donations | and legacies | ||||||
| 31.12.20 | 31.12.19 | ||||||
| Supportcosts | 9,321 | 10,169 | |||||
| 7. | CHARITABLE ACTIVITIES | COSTS | |||||
| Direct | Support | ||||||
| Costs (see | costs (see | ||||||
| note 8) | note 9) | Totals | |||||
| f, | |||||||
| Festival | 152,515 | 70,623 | 223,138 | ||||
| 8. | DIRECT COSTSOF CHARITABLE ACTIVITIES | ||||||
| 31.12.20 | 31.12.19 | ||||||
| Cost ofevents - Artists' costs | 45,842 | 134,438 | |||||
| Cost ofevents - Venues | 5,567 | 13,538 | |||||
| Cost ofevents - Equipment | 15,943 | 44,701 | |||||
| Cost ofevents - other | costs | 23,202 | 41,275 | ||||
| Stage manager | 20,156 | 21,282 | |||||
| Artistic director | 31@17 | 38,497 | |||||
| Advertising and promotion |
4,146 | 6,309 | |||||
| Programme costs |
7,483 | ||||||
| Brochure costs | 1,017 | 6,577 | |||||
| Depreciation | 5,325 | 1,023 | |||||
| 152415 | 315,123 |
| Raising | donations | and | legacies |
|---|---|---|---|
| Festival |
| Governance | ||
|---|---|---|
| Management | costs | Totals |
| 9@21 | 9421 | |
| 68,123 | 2,500 | 70,623 |
| 77)444 | 2,500 | 79,944 |
| Festival manager | Tlute | |
|---|---|---|
| Festival manager | assistant | Tllne |
| Telephone | Income | |
| Postage and stationery | Direct | |
| Website | Income | |
| Sundries | Direct | |
| Bank charges | Income |
| 31.12.20 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Raising | |||||
| donations | |||||
| and | Total | Total | |||
| legacies | Festivtd | activities f |
activities | ||
| Social security | 3,119 | 3,119 | 2,121 | ||
| Pensions | 1,470 | 1,470 | I)206 | ||
| Festival nmnager | 2,143 | 32,173 | 34416 | 35,775 | |
| Insurance | 6,172 | 6,172 | 5,946 | ||
| Assisnmt | festival manager | 14,979 | 14,979 | 18,000 | |
| Telephone | 1,004 | 144 | 1,148 | 975 | |
| Postage and stationery | 1,562 | 4,829 | 6@91 | 13,704 | |
| Website | 1468 | 196 | 1,564 | 2,494 | |
| Sundries | 1,576 | 4,802 | 6478 | 8,464 | |
| Bank charges | 1,668 | 239 | 1,907 | 4,422 | |
| 9/21 | 68,123 | 77,444 | 93,107 |
| 9. | SUPPORT | COSTS - contiaued | COSTS - contiaued | ||
|---|---|---|---|---|---|
| Governance | costs | ||||
| 31.12.20 | 31.12.19 | ||||
| Total | |||||
| Festival | activities | ||||
| f | |||||
| Independent | examiner's | fee | 27500 | 2,500 | |
| 10. | NKT INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 31.12.20 | 31.12.19 | ||||
| Depreciation | - owned assets | 5425 | 1,023 |
| Expenses totalling 14,820(f8,780 in 2019)were reimbursed to 4 Trustees in the ye office and administration expenses incurred on behalf ofthe Charity. |
Expenses totalling 14,820(f8,780 in 2019)were reimbursed to 4 Trustees in the ye office and administration expenses incurred on behalf ofthe Charity. |
Expenses totalling 14,820(f8,780 in 2019)were reimbursed to 4 Trustees in the ye office and administration expenses incurred on behalf ofthe Charity. |
ar. These expen | ses related |
|---|---|---|---|---|
| COMPARATIVES FOR THK STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| INCOME | AND ENDOWMENTS FROM | |||
| Donations | and legacies | 101,925 | 87,$95 | 189,820 |
| Charitable | activities | |||
| Festival | 235,648 | 235,648 | ||
| Investment | income | 1,093 | 1,093 | |
| Total | 338,666 | 87,895 | 426,561 | |
| EXPENDITURE ON | ||||
| Raising funds | 10,169 | 10,169 | ||
| Charitable | activities | |||
| Festival | 312,666 | 87,895 | 400,561 | |
| Total | 322,$35 | 87,895 | 410,730 | |
| NKT INCOME | 15,831 | 15,831 |
| COMPARATIVES FOR THK | COMPARATIVES FOR THK | STATEMENT OF FINANCIAL | STATEMENT OF FINANCIAL | ACTIVITIES - continued | ACTIVITIES - continued | ACTIVITIES - continued | ||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||
| fund | funds | funds | ||||||
| f | ||||||||
| RECONCILIATION OFFUNDS | ||||||||
| Total funds brought forward | 163,982 | 163,982 | ||||||
| TOTAL FUNDS CARRIED FORWARD | 179,813 | 179,813 | ||||||
| VOLUNTEERS | ||||||||
| The charitable company |
benefits | &om many voluntary | hours given | by supporters | and | some goods | and | service |
| are supplied at discounted | rates. | Itis not possible to place a value on these gifis in | kind. | |||||
| TANGIBLE FIXEDASSETS | ||||||||
| Online | ||||||||
| sales | Computer | |||||||
| Equipment f |
system | equipment | Totals | |||||
| COST | ||||||||
| At 1Janumy2020 | 8,782 | 2,238 | 11,020 | |||||
| Additions | $,640 | 214 | $,854 | |||||
| At 31December 2020 | 8,782 | $,640 | 2,452 | 19,$74 | ||||
| DEPRECIATION | ||||||||
| At 1 January 2020 | 6,170 | 649 | 6,819 | |||||
| Charge for year | 392 | 4)320 | 613 | 5425 | ||||
| At 31December 2020 | 6,562 | 4420 | 1462 | 12,144 | ||||
| NET BOOKVALUE | ||||||||
| At 31December 2020 | 2420 | 4420 | 1,190 | 7,730 | ||||
| At 31December 2019 | 2,612 | 1,589 | 4,201 |
| 15. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | AMOUNTS FALLING DUE WITHIN ONE YEAR | AMOUNTS FALLING DUE WITHIN ONE YEAR | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||||||
| 6 | ||||||||
| Prepayments | and accrued income | 5,923 | 5,258 | |||||
| 16. | CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR | |||||||
| 31.12.20 | 31.12.19 | |||||||
| f | ||||||||
| Trade creditors | 1 | |||||||
| Social security | and other taxes | 1,462 | 1,398 | |||||
| Other creditors | 112 | 400 | ||||||
| Accrued expenses | 9,560 | 18,977 | ||||||
| 11,134 | 20,776 | |||||||
| 17. | MOVEMKNT | IN FUNDS | ||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.1.20 | in | funds | funds | 31.12.20 | ||||
| f | ||||||||
| Unrestricted | funds | |||||||
| General fund | 179,813 | 38,883 | (47,762) | 170,934 | ||||
| Restricted funds | ||||||||
| Literary | (47,762) | 47,762 | ||||||
| TOTAL FUNDS | 179,813 | (81879) | 170,934 | |||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund | 134,852 | (95,969) | 38,883 | |||||
| Restricted funds |
||||||||
| Festival | 49,016 | (49,016) | ||||||
| Literary | 39,712 | (871474) | (47,762) | |||||
| 88,728 | (136,490) | (47,762) | ||||||
| TOTAL FUNDS | 223,580 | (232,459) | (8,879) |
| Comparatives | for moveme | nt in funds |
|||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.1.19 | in funds | 31.12,19 | |||
| Unrestricted | funds | ||||
| General fund | 163,982 | 15,831 | 179,813 | ||
| TOTAL FUNDS | 163,982 | 15,831 | 179,813 | ||
| Comparative | net movement | in funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | |||
| resources | expended | in funds f |
|||
| Unrestricted | funds | ||||
| General fund | 338,666 | (322,835) | 15,831 | ||
| Restricted funds | |||||
| Festival | 87,895 | (87,895) | |||
| TOTAL FUNDS | 426,561 | (410,730) | 15,831 |
| 31.12.20 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| f | f | ||||
| INCOME AND ENDOWMENTS | |||||
| Dooatioas aad legacies | |||||
| Sponsorship | 61,763 | 66,517 | 128+80 | 133,333 | |
| Gills | 33,636 | 33,636 | 2$,869 | ||
| Grants | 1,250 | 1,250 | 6,250 | ||
| Gill aid recovered | 20,027 | 3,93$ | 23,965 | 21,368 | |
| 116,676 | 70,455 | 187,131 | 189,820 | ||
| Investment income |
|||||
| Interest | 364 | 364 | 1,093 | ||
| Charitable activities |
|||||
| Ticket sales | 12,71$ | 12,458 | 25,176 | 201,443 | |
| Cushion hire proceeds | 908 | ||||
| Sale offood and drinks | 22,210 | ||||
| Advertising | 500 | 500 | 1,000 | 7,165 | |
| Sales ofprogrammes | 4k other income | 250 | 250 | 3,922 | |
| 13,218 | 13i208 | 26,426 | 235,648 | ||
| Other income | |||||
| Furlough receipts | 4,594 | 5,065 | 9,659 | ||
| Total incoming resources | 134,852 | 88,728 | 223i580 | 426,561 | |
| Charitable activities |
|||||
| Cost ofevents - Artists' costs | 11484 | 34,458 | 45,842 | 134,438 | |
| Cost ofevents - Venues | 3,204 | 2,363 | 5,567 | 13,538 | |
| Cost ofevents - Equipment | 11,631 | 4,312 | 15,943 | 44,701 | |
| Cost ofevents - other | costs | (3,793) | 26,995 | 23,202 | 41,275 |
| Stage maoager | 9,586 | 10,570 | 20,156 | 21,282 | |
| Artistic director | 14i$93 | 16,424 | 31i3I7 | 38,497 | |
| Advertising and promotion |
3i324 | 822 | 4,146 | 6,309 | |
| Programme costs |
7,483 | ||||
| Brochure costs | 717 | 300 | 1,017 | 6,577 | |
| Plant and machinery | 392 | 392 | 463 | ||
| Online sales system | 4i320 | 4420 | |||
| Computer equipment |
613 | 613 | 560 | ||
| 56/71 | 96/44 | 152i515 | 315,123 |
| 31.12.20 | 31.12.19 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Support costs | ||||||
| Management | ||||||
| Socialsecurity | 1,484 | 1,635 | 3,119 | 2,121 | ||
| Pensions | 699 | 771 | 1,470 | 1,206 | ||
| Festival manager | 16@19 | 17,997 | 34,316 | 35,775 | ||
| Insurance | 2,935 | 3237 | 6,172 | 5,946 | ||
| Assistant festival manager |
7,124 | 7,855 | 14,979 | 18,000 | ||
| Telephone | 546 | 602 | 1,148 | 975 | ||
| Postage and stationery | 3,039 | 3@52 | 6@91 | 13,704 | ||
| Website | 1,564 | 1,564 | 2,494 | |||
| Sundries | 3,892 | 2,4$6 | 6@78 | $,464 | ||
| Bank charges | 907 | 1,000 | 1,907 | 4,422 | ||
| 38,509 | 38,935 | 77,444 | 93,107 | |||
| Governance | costs | |||||
| Independent | examiner's | fee | 1,189 | 1&311 | 2,500 | 2,500 |
| Total resources | expended | 95,969 | 136,490 | 232&459 | 410,730 | |
| Net income | 38,883 | (47,762) | (8,879) | 15,831 |