## ||CONTENTS||| |---|---|---|---| ||Yearended31August2021||| |||Page|| |TheCharity,itsmembers,board oftrustees,|||| |staff|andprofessionaladvisers|3|| |Trustees' Annual Report||4 -|13| |Financial accounts:|||| |•|Independent examiner's report|14|| |•|Balance sheet|15|| |•|Statement offinancialactivities(incorporatingan||| ||incomeandexpenditure account)|16|| |•|Notestothefinancialaccounts|17-|21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |NumbersbenefittingfromPorts Fest 2021:|| |---|---| |Artists
Participants
Audience(live)
Audience (broadcast,online,inwriting)
Total|220
540
5,405
415,488| ||421,653| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||**31 August**|**2021**||||| |---|---|---|---|---|---|---|---|---| |||||Note||**2021**||| |||||||£||| |**CURRENTASSETS**||||||||| |Debtors||||4||**5,240**||_28,358_| |Cashatbank|andinhand|||||**79,350**||_78,818_| |||||||**84,590**||_98,376_| |**LIABILITIES**||||||||| |Creditors:Amounts||fallingduewithin||||||| ||oneyear|||5||**4,157**||| |||**NETCURRENTASSETS**||||**80,433**||_98,376_| ||||**TOTALNETASSETS**||£|**80,433**|_£98,376_|| |**THEFUNDSOF**|**THECHARITY:**|||||||| |**ACCUMULATED**|**FUNDS**|||||||| |Unrestrictedfunds
Restrictedfunds||||9,10
9,10||**80,330**
**103**||_89,376_
_9,eee_| |**ACCUMULATEDFUNDS**|||**AT31 August 2021**||£|**80,433**|£|_98,376_| ## ## ## |||||2021||||2020|| |---|---|---|---|---|---|---|---|---|---| |||~~unrest-~~||Rest-||~~Unrest-~~||~~Rest-~~|| ||Note|ricted||ricted|Total|ricted||ricted|_Total_| |||£||£|£|£||£|£| |INCOMEFROM|||||||||| |Donationsandlegacies|6|21,250|||21,250|50,030||9,900|_59,930_| |Charitableactivities|7|4,230|||4,230||||| |Other income||**303**|||**303**|_103_|||_103_| |Totalincome||25,783||-|25,783|_50,133'_||9,900|60,033| |||--|||||||| |EXPENDITUREON|||||||||| |Charitableactivities|8|34,829
--||8,897|43,726|_28,59B_||900|_29,490_| |Totalresourcesexpended||34,829||8,897|43,726|_28,590_||900|_29,490_| |NETINCOME(EXPENDITURE)||(9,046)||(8,897)|
(17,943)|_21,543_||9,000|30,543| |NETMOVEMENTINFUNDS||(9,046)||(8,897)|
(17,943)|_21,543_||9,000|_30,543_| |RECONCILIATIONOFFUNDS|||||||||| |Totalfunds brought forward|9,10|89,376||9,000|98,376|_67,833_|||_57,833_| |TOTALFUNDSCARRIEDFORWARD|9,10|£80,330|£|
103|£80,433|_£89,376_|£|9,000|£_98,375_| ## ## ## ## ## ## ## ## |2021
E
5,240
5,240|2020
£
_20,358_| |---|---| ||| |NOTE5 - CREDITORS||||| |---|---|---|---|---| |Fallingdue withinoneyear||2021||2020| |||E||£| |Accruals||4,157||| ||£|4,157|£|| ## |2021
Yearended31August2021
~~unrest-~~
Rest-
ricted
ricted
Total
E
E
E
Donationsandgifts
21,250
21,250
£21,250
E
£21,250
2020
Yearended31August2020
~~Unrest-~~
~~Rest-~~
ricted
ricted
Total
E
E
E
Donationsaodgifts
48,550
_48,550_
Grants
_1,480_
_9,900_
_11.,,380_
_£50,030_
£9,900
_£59,930_||2021|| |---|---|---|---| ## |NOTE7 - INCOMEFROMCHARITABLEACTIVITIES||| |---|---|---| |Year ended31August2021
Ticketsales
Year ended31August2020
Ticketsales
NOTE8 -
EXPENDITUREONCHARITABLEACTIVITIES
Year ended31August2021
Subscriptionsandlicences
Marketing
General expenses
Legal/professionalfees
Performers
Lighting, soundandtechnical
Venuehire
Insurance
Salaryandprojectmanagement
Accountancy
~~Unrest-~~
ricted
£
4,230
£4,230
~~Unrest-~~
ricted
£
£
~~Unrest-~~
ricted
£
998
11,343
2,897
666
8,671
1,781
1,013
282
5,678
1,500
£
2021
~~Rest-~~
ricted
£
£
2020
~~Rest-~~
ricted
£
2021
~~Rest-~~
ricted
£
94
281
805
£34,829
£ B,897
Year ended31August2020
_Subscriptions_
_Marketing_
_General expenses_
_LegaL/profess.ionaLfees_
_Performers_
_Trustee expenses_
_Insurance_
_Salarycosts_
_Accountancy_
~~Unrest-~~
ricted
£
_518_
_14,561_
_611_
_2,664_
2,530
_/154)_
_488_
_5,872_
1,500
2020
~~Rest-~~
ricted
£
900
£
|2021|| ||~~Rest-~~
ricted
£
£
2020|Total
£
4,230
£4,230| |||
Total
£| |||Total
£
998
11,343
2,991
666
15,735
2,434
1,013
563
6,483
1,.500
£43,726
Total
£
_518_
_14,561_
_611_
_2,664_
_3,430_
_(154)_
_488_
_5,872_
1,500
_£29,490_| ||~~Rest-~~
ricted
£
900
|| ## |Balances
Yearended31August2021
brought
Incoming
forward
resources
£
£
Unrestricted
General fund
89,376
25,783
Restricted
National Heritage
Submerged
9,000
f98,376
f25,783
Balances
Yearended31August2020
brought
Incoming
forward
resources
£
£
_Unrestricted_
General fund
_67,833_
_50,133_
_Restricted_
National Heritage
Submerged
9,900
£_67,833_
£60,033
NOTE10- ANALYSISOFNETASSETSBETWEENFUNDS
Yearended31August2021
Unrestricted
General fund
Restricted
- National HeritageSubmerged
ACCUMULATEDFUNDSAT31AUGUST2021
Yearended31August2020
_Unrestricted_
General fund
_Restricted_
- National HeritageSubmerged
ACCUMULATEDFUNDSAT31AUGUST2020|Direct
Transfers
Balances
outgoing
between
carried
resources
funds
forward
£
£
£
(34,829)
80,330
(8,897)
103
f(43,726)
£
f80,433
Direct
Transfers
Balances
outgoing
between
carried
resources
funds
forward
£
£
£
_(28,590)_
_89,376_
(900)
9,@00
£_(29,490)_
£
_£98,376_
Fixed
Netcurrent
Net
assets
assets
assets
£
£
£
80,330
80,330
**103**
103
£
£80,433
£80,433
Fixed
Netcurrent
Net
~~assets~~
assets
assets
£
£
£
_89,376_
_89,376_
9,000
9,000
£
£_98,376_
£_98,376_| |---|---| ||| ## ## ## ## ## ##