2022-08-31-accounts

			Ports	Fest Ltd
			(Limited by guarantee)
			Legal and Administrative		Information
Charity Number			1114695
Company	number		5447367
Principle	address		10High Street
			Old Portsmouth
			Hampshire
			PO1 2LP
Trustees:			David Wickes- Chairman
			Louise Chantal
			Maxwell Craft
			Dr Adrian Hull
			Ming Wu
			David Hampshire	(Resigned 11 January 2023)
			Drusilla Moody (Resigned		13' December 2022)
Company	Secretary:		Cindy Peche
Independent		ezaminer	BCgrA Chartered	Accountants
			161-163Elm Grove
			Southsea
			Hampshire
			PO5 ILU

			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
		Notes	2022	2022	2022	2021
			8	g	R
Income and endowments:
Other trading	activities		57,236		57,236	25,480
Other income			870		870	303
Total income	and endowments		58,105		58,105	25,783
~Ed't
Charitable activities			79,284		79,284	42,226
Governance costs			1,440		1,440	1,500
Total charitable expenditure			80,724		80,724	43,726
Net movement	in funds		-22,619		-22,619	-17,943
Fund balances	at 1 September 2021		80,433		80,433	98,376
Fund balances	at 31August 2022		57,814		57,814	80,433

		Ports Fest Ltd	Ports Fest Ltd
		(Limited by guarantee)
		Balance Sheet
		As at 31August 2022
		Notes		2022		2021
			S	S	S	S
Fhred assets:
Tangible assets				1,911
Current assets:
Debtors		10	12,614		5,240
Cash at bank and hand		11	81,224		79,350
Total current assets			93,838		84,590
Creditors falling due within	1year	12	37,935		4,157
Net current assets				55,903		80,433
Net assets				57,814		80,433
The funds ofthe charity:
Unrestricted funds:
General funds		13	57,814
Total unrestricted funds				57,814		80,330
Restricted income funds						103
Total charity funds				57,814		80,433

3	Other trading	Other trading	Other trading	activities	activities	activities	Unrestricted	Restricted	Total	Total
							Funds	Funds	Funds	Fuads
							2022	2022	2022	2021
							P	8	8	8
	Ttcket sales						11,023		11,023	4,230
	Sponsorship						46,213		46213	21250
	Total						57,236		57,236	25,480
4	Other Income						Unrestricted	Restricted	Total	Total
							Funds	Funds	Funds	Funds
							2022	2022	2022	2021
							8	8	8	8
	Other Income						870		870	303
							870		870	303
5	Charitable	activities					Unrestricted	Restricted	Total	Total
							Funds	Fuads	Fuads	Funds
							2022	2022	2022	2021
							8	8	6	8
	Advertising						1,502		1,502	1,060
	Commissions			Paid			1,400		1,400
	Depreciation						377		377
	Donations	Paid					1,288		1,288
	Entertaining						890		890	614.20
	Insurance						655		655	562.77
	Legal fees						7,079		7,079
	Lighting/Sound/Technical						2,741		2,741	2,434
	Marketing						12,964		12,964	10,283
	Misc						93		93	2,330
	Parking						109		109
	Performers						31,345		31,345	15,735
	Performers	Expenses					1,391		1,391
	PPSA						1,286		1,286	105.00
	Professional		fees							666
	Professional		snbscriptions				535		535	665
	Project Management				Costs					500
	Provision for		Bad Debts				1,500		1,500
	PRS									228.04
	Staif Training						1,072		1,072
	Tickets/Box		Ogice				480		480	47
	Travel and	Accommodation					584		584
	Venue hire						3,181		3,181	1,013
	Wages and	Salaries					8816		8816	5983
							79,284		79,284	42,226
6	Gmrernanee		costs				20228	2022 8	2022 8	2021 8
	Audit and accountancy					fees	I 440		1,440	I 500
									1,440	1,500

			2022	2021
7	Employees		Number	Number
	Average number of	employees
			1	1
			1	1
			2022	2021
	Employment costs Wages and saiaries Projects management	contractor	8 8,816 8,816	8 5,983 500 ~6483

				2022
11	Analysis	ofcash movement
	Balance Income	b/f		79,350 12,278
	Payments Balance	At 31August 2022		-10,404 81,224
12	Creditors	falling due within I year	2022	2021
	Accruals Other creditors )PGS)		2,831 35,104 ~37935	4,157 ~4157

Analysis of	fund movement	Balance b/f 3	Incoming resources 5	Resources expended 8	Transfers 5	Fuad c/f 8
Unrestricted	fhnds:
Unrestricted	general funds	80330	58 105	-80724	103	57814
		80,330	58 105	-80 724	103	57814
		Balance	Incoming	Resources		Fund
		b/f	resources	expended	Transfers	c/f
Restricted funds:
Restricted general funds		103			-103
		103			-103