2020-10-31-accounts

						Page
Trustees' annual report	(incorporating		the	directors'	report}
Independent examiner's report		to the	trustees
Statement of financial	activities	(including		income	and
expenditure account)
Statement of financial	position
Notes to the financial	statements

			Unrestricted	Total Funds	Total Funds
			Funds	2020	2019
		Note	E	E	E
Income from:
Donations and legacies			24,891	24,891	26,721
Other trading activities			3,533	3,533	71,438
Investments			27	27	18
Total income			28,451	28,451	98,17?
Expenditure on:
Charitable activities			26,846	26,846	92,503
Total expenditure			26,846	26,846	92,503
Net income/(expenditure)	and
net movement in funds			1,605	1,605	5,674
Total funds at start ofyear		15	32,428	32,428	26,754
Total funds at end ofyear		15	34,033	34,033	32,428

YEAR ENDED 31	YEAR ENDED 31	OCTOBER 2020	OCTOBER 2020		Company	number: 04413366
					2020	2019
				Note
Current assefs
Debtors					2,490	4,992
Cash at bank and		in hand			32,918	28,932
					35,408	33,924
Liabilities
Creditors: amounts		falling
due within one		year		14	(1,375)	(1,496)
Net current	assets				34,033	32,428
Total assets	less current		liabilities		34,033	32,428
Net assets					34,033	32.428
FUNDS
Unrestricted	funds
General	funds			15	34,033	32,428
Total funds					34,033	32,428

Income from: Donations and legacies
	Unrestricted	Total Funds	Total Funds
	Funds	2020	2019
	E		f.
Donations	7,118	7,118	1,598
Sponsorship	1,900	1,900	9,613
Friends subscriptions	3,686	3,686	4,560
BarSales			950
Grants received	12,187	12,187	10,000
	24,891	24,891	26,721

		Unrestricted	Unrestricted	Total Funds	Total Funds
		Funds		2020	2019
				E
Ticket Sales					58,185
Event income			268	268	10,216
Brochure advertising			815	815	2,600
Fundrasing,	CD Lcard sales	2,450		2,450	437
		3,533		3,533	71,438
Income from: Investments
		Unrestricted		Total Funds	Total Funds
		Funds		2020	2019
		E
Interest received			27	27	18
			27	27	18

					Unrestricted	Total Funds	Total Funds
					Funds	2020	2019
					E	E	E
Frome	Festival	Costs			10,404	10,404	74,684
Support	Costs		(Note	6)	16,442	16,442	17,819
					26,846	26,846	92,503

Support co	st	s, included in n	ote 5,are as follows:
				Charitable	Total	Total
				Activities	2020	2019
				E	E	F.
Staff costs				9,813	9,813	10,752
Premises				16	16	55
General office				3,703	3,703	3,316
Insurance	costs			1,340	1,340	1,983
Governance		costs	(Note 7)	1,328	1,328	1,334
Stationery	and postage			31	31	197
Conference		costs		211	211	182
				16,442	16,442	17,819

			Unrestricted	Total Funds	Total Funds
			Funds	2020	2019
			E	E	F.
Independent	Examiner's fees
-for examination		services	1,316	1,316	1,250
Other governance		costs	12	12	84
			1,328	1,328	1,334

The agg	regate payroll costs were:
		2020	2019
			R
Wages	8,salaries	9,672	10,690
Pension	contributions	141	62
		9,813	10,732

11	Statement of Financial Activities comparative	Statement of Financial Activities comparative	Statement of Financial Activities comparative	Statement of Financial Activities comparative	figures
						Unrestricted		Total Funds
	Forthe year ended 31October 2019					Funds		2019
								F.
	Income from:
	Donations and legacies					26,721		26,721
	Other trading activies					71,438		71,438
	investment income					18		18
	Total income					98,177		98.177
	Expenditure on:
	Expediture on charitable			activities		92,503		92,503
	Total expenditure
	Net income/(expenditure) and net movement		for the year in funds			5,674		5,674
	Total funds at start ofyear					26,754		26,754
	Total funds at end ofyear
12	Tangible fixed assets
							Equipment	Total
							f,	F.
	Cost or valuation
	At 1 November	8,31 October 2019					3,358	3,358
	Additions
	Disposals
	Revaluations
	Transfers
	At 1 November	8 31 October 2020					3,358	3,358
	Depreciation
	At 1 November	L31 October 2019					3,358	3,358
	Charge for the	year
	Disposals
	impairment
	Transfers
	At 1 November	L31October 2020					3,358	3,358
	Net book value
	At 31 October 2019 8,31			October 2020

13	Debtors
							2020	2019
							E
	Due in less than one year:
	Prepayments		and	accrued income			771		871
	Other debtors						1,719		4,12 I
							2,490		4,992
14	Creditors: amounts			falling due within one year
							2020	2019
							E
	Accruals and		deferred income				1,375		1,496
							1,375		1,496
15	Movement	in	funds
	Forthe year	ended		31October 2020
					At 1 Nov			At 31	Oct
					2019	Income	Expenditure	2020
						K	E	K
	Unrestricted	funds
	General funds				32,428	28,451	(26,846)	34,033
	Total funds				32,428	28,451	(26,846)	34,033

		At 1 Nov			At 31 Oct
		2018	Income	Expenditure	2019
		E		E	E
Unresfricted	funds
General funds		26,754	98,177	(92,503)	32,428
		26,754	98,177	(92,503)	32,428
Total funds		26,754	98,177	(92,503)	32,428