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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|3|
|Indepeadent<br>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|





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||||||31.12.20|31.12.19|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes||f.|||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations<br>and legacies|||116,676|70,455|187,131|189,$20|
|Charitable<br>activities|||||||
|Festival|||13,218|13/08|26,426|235,648|
|Investment<br>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<br>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<br>between funds||17|(47,762)|47,762|||
|Net movement<br>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|





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|||||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<br>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<br>funds||||170,934|179,813|
|TOTAL FUNDS||||170,934|179,813|





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|DONATIONS<br>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|





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|||||||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<br>and promotion|||||4,146|6,309|
||Programme<br>costs||||||7,483|
||Brochure costs|||||1,017|6,577|
||Depreciation|||||5,325|1,023|
|||||||152415|315,123|





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|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|



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|||||31.12.20|31.12.19|
|---|---|---|---|---|---|
|||Raising||||
|||donations||||
|||and||Total|Total|
|||legacies|Festivtd|activities<br>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|



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|Expenses totalling 14,820(f8,780 in 2019)were reimbursed<br>to 4 Trustees in the ye<br>office and administration<br>expenses incurred on behalf ofthe Charity.|Expenses totalling 14,820(f8,780 in 2019)were reimbursed<br>to 4 Trustees in the ye<br>office and administration<br>expenses incurred on behalf ofthe Charity.|Expenses totalling 14,820(f8,780 in 2019)were reimbursed<br>to 4 Trustees in the ye<br>office and administration<br>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|





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|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<br>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<br>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|



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|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<br>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)|





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|Comparatives|for moveme|nt<br>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<br>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|



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|||||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<br>income||||||
|Interest||364||364|1,093|
|Charitable<br>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<br>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<br>and promotion||3i324|822|4,146|6,309|
|Programme<br>costs|||||7,483|
|Brochure costs||717|300|1,017|6,577|
|Plant and machinery||392||392|463|
|Online sales system||4i320||4420||
|Computer<br>equipment||613||613|560|
|||56/71|96/44|152i515|315,123|





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||||||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<br>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|