|||Page|| |---|---|---|---| |Report ofthe Trustees|I|to|7| |Report ofthe Independent
Auditors|8|to|10| |Statement ofFinancial Activities|||| |Statemeot ofFinancial Position||12|| |Notes to the Financial Statements|13|to|19| |Detailed Statement ofFinancial Activities|20|to|21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||for|the year e|nded 31March|2023||| |---|---|---|---|---|---|---| ||||||31.3.23|31.3.22| ||||Unrestricted|Restricted|Total|Total| ||||fund|fund|funds|funds| |||Notes||||| |INCOME AND ENDOWMENTS FROM||||||| |Donations
and legacies|||585||585|6,476| |Charitable
activities||||||| |Co-Producers
Income||||||17,821| |Other charitable
income|||17,900||17,900|12,183| |Fundraising
income||2|372,190||372,190|430,761| |Investment
income||3|239||239|| |Other income||||||~4494| |Total|||390,914||390914|~471 735| |EXPENDITURE ON||||||| |Charitable
activities||||||| |Production
fees|||870||870|61,721| |Creative fees||||||27,416| |Accommodation
and subsistence||||||17,041| |Development
tk engagement|||28,047||28,047|27,126| |Artistic development|||9,198||9,198|8,393| |General administrative|costs||29,105||29,105|25,096| |Staff costs|||175,260||175,260|239,053| |Premises costs|||76,840||76,840|80,063| |Staff costs|||10,113||10,113|| |Accountancy|||10,120||10,120|8,828| |Marketing|||5,218||5,218|24,858| |Other|||~13607||13,607|35,794| |Total|||358,378||358,378|555,389| |NET INCOME/(EXPENDITURE)|||32,536||32,536|(83,654)| |RECONCILIATION|OFFUNDS|||||| |Total funds brought forward|||127,351||127,351|211,005| |TOTAL FUNDS CARRIED FORWARD|||159,887||~159887|~127 351| ## |HighTide Festival|Productions
Limited (Registered|Productions
Limited (Registered|number: 063|26484)|| |---|---|---|---|---|---| ||Statement ofFinancial Position||||| ||31March 2023||||| |||||31.3.23|31.3.22| |||Unrestricted|Restricted|Total|Total| |||fund|fund|funds|funds| ||Notes||||| |FIXEDASSETS|||||| |Intangible
assets|8|13,800||13,800|| |Tangible assets|9|480||480|928| |||14,280||14,280|928| |CURRENT ASSETS|||||| |Debtors|10|12,049||12,049|20,689| |Cash at bank||~161 691||161,691|166,245| |||173,740||173,740|186,934| |CREDITORS|||||| |Amounts
falling due within one year|11|(28,133)||(28,133)|(60,511)| |NET CURRENT ASSETS||~145607||~145607|~126423| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||159,887||159,887|127,351| |NET ASSETS||~159 887||~159 887|127,351| |FUNDS|12||||| |Unrestricted
funds||||~159887|~127
51| |TOTALFUNDS||||~159887|~127 51| ## ## ## ## ## ## ## ## ## ## ## ## ## ||FUNDRAISING
INCO|ME||| |---|---|---|---|---| ||||31.3.23|31.3.22| ||Commission
income|||7,850| ||NPO Funding||195,179|318,855| ||Trust and Foundation||77,917|22,500| ||One OffDonations||93,476|81,556| ||Individual
giving||5618|| ||||~372 190|~430761| |3.|INVESTMENT INCOME|||| ||||31.3.23|31.3.22| ||Deposit account interest||239|| |4.|NET INCOME/(EXPENDITURE)|||| ||Net income/(expenditure)|is stated after charging/(crediting):||| ||||31.3.23|31.3.22| ||Auditors'
remuneration||10,120|8,828| ||Depreciation
-owned assets||2,371|28| ||Other operating
leases||1,840|2,322| ## ## ## |The average monthly
nu|mber ofem|ployees
during the year was as|follows:||| |---|---|---|---|---|---| |||||31.3.23|31.3.22| |Office staff||||5|5| |No employees
received|emoluments|in excess of560,000.|||| |COMPARATIVES FORTHE STATEMENT OF FINANCIAL|||ACTIVITIES||| ||||Unrestricted|Restricted|Total| ||||fund|fund|funds| ||||||6| |INCOME AND ENDOWMENTS||FROM|||| |Donations
and legacies|||6,476||6,476| |Charitable
activities|||||| |Co-Producers
Income|||17,821||17,$21| |Other charitable
income|||12,183||12,183| |Fundraising
income|||430,761||430,761| |Other income|||4,494||4,494| |Total|||471,735||471,735| |EXPENDITURE ON|||||| |Charitable
activities|||||| |Production
fees|||61,721||61,721| |Creative fees|||27,416||27,416| |Accommodation
and subsistence|||17,041||17,041| |Development
&engagement|||27,126||27,126| |Artistic development|||8,393||8,393| |General administrative|costs||25,096||25,096| |Staff costs|||239,053||239,053| |Premises costs|||80,063||80,063| |Accountancy|||8,828||8,828| |Marketing|||24,858||24,858| |Other|||35,794||~35 794| |Total|||~555 389||~555
89| |NET INCOME/(EXPENDITURE)|||($3,654)||(83,654)| |||Notes to the Financial Statements - continued
for the year ended 31March 2023|Notes to the Financial Statements - continued
for the year ended 31March 2023|Notes to the Financial Statements - continued
for the year ended 31March 2023|Notes to the Financial Statements - continued
for the year ended 31March 2023|| |---|---|---|---|---|---|---| ||COMPARATIVES|FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued||||| |||||Unrestricted|Restricted|Total| |||||fund|fund|funds| ||RECONCILIATION||OFFUNDS|||| ||Total funds brought|forward||211,005||211,005| ||TOTAL FUNDS CARRIED FORWARD|||||| |8.|INTANGIBLE FIXEDASSETS|||||| |||||||Computer| |||||||software| |||||||6| ||COST|||||| ||Additions|||||13,800| ||NET BOOKVALUE|||||| ||At 31March 2023|||||~13 800| ||At 31 March 2022|||||| |9.|TANGIBLE FIXED||ASSETS|||| |||||||Computer| |||||||equipment| ||COST|||||| ||At I April 2022|||||983| ||Additions|||||1,923| ||At 31March 2023|||||2 906| ||DEPRECIATION|||||| ||At 1 April 2022|||||55| ||Charge foryear|||||~2371| ||At 31March 2023|||||~2426| ||NET BOOK VALUE|||||| ||At 31 March 2023|||||480| ||At 31 March 2022|||||928| |||Notes to the Financial Statements - conti
for tbe year ended 31March 2023|Notes to the Financial Statements - conti
for tbe year ended 31March 2023|Notes to the Financial Statements - conti
for tbe year ended 31March 2023|Notes to the Financial Statements - conti
for tbe year ended 31March 2023|nued||| |---|---|---|---|---|---|---|---|---| |10.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR||||||| ||||||||31.3.23|31.3.22| ||Trade debtors|||||||480| ||VAT||||||6,062|7,018| ||Prepayments|and accrued income|||||5,987|~13 191| ||||||||12,049|20,689| |11.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||| ||||||||31.3.23|31.3.22| ||Trade creditors||||||731|10,520| ||Social security||and other taxes||||4,902|6,107| ||Accrued expenses||||||22 500|~43 884| ||||||||28,133|60,511| |12.|MOVEMENT||IN FUNDS|||||| ||||||||Net|| ||||||||movement|At| ||||||At|1.4.22|in funds|31.3.23| |||||||f.||| ||Unrestricted|funds||||||| ||General
fund||||127,351||32,536|159,887| ||TOTAL FUNDS||||127,351||32,536|159,887| ||Net movement||in funds, included||in the above are as follows:|||| ||||||Incoming||Resources|Movement| ||||||resources||expended|in funds| ||Unrestricted|funds||||||| ||General
fund||||390,914||(358,378)|32,536| ||TOTAL FUNDS||||390,914||f358,37S)|32,536| ||Comparatives||for movement|in|funds|||| ||||||||Net|| ||||||||movement|At| ||||||At|1.4.21|in funds|31.3.22| ||Unrestricted|funds||||||| ||General
fund||||211,005||(83,654)|127,351| ||TOTAL FUNDS||||~211 005||~83654)|~127 351| ## ## ## ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| |Unrestricted||funds|||| |General|fund||471,735|(555,3$9)|(83,654)| |TOTAL|FUNDS||471,735|~555 $9)|$3654| |||||Net|| |---|---|---|---|---|---| |||||movement|At| ||||At 1.4.21|in funds|31.3.23| |Unrestricted||funds|||| |General|fund||211,005|(51,118)|159,887| |TOTAL|FUNDS||211,005|~51,118)|~159887| |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in funds| |Unrestricted|funds|||| |General fund||862,649|(913,767)|(51,118)| |TOTAL FUNDS||$62649|~913767)|~51,118)| ## ## ## ## |for the year ended 3|1March 2023|| |---|---|---| ||31.3.23|31.3.22| |INCOME AND ENDOWMENTS||| |Donations
and legacies||| |Gift aid|585|1,553| |Subscriptions||4,923| ||585|6,476| |Fundraising
income||| |Commission
income||7,850| |NPO Funding|195,179|318,855| |Trust and Foundation|77,917|22,500| |One OffDonations
Individual
giving|93,476
~5618|81,556| ||372,190|430,761| |Investment
income||| |Deposit account interest|239|| |Charitable
activities||| |Core activity|10,450|12,183| |Engagement
Income|~7450|~17821| ||17,900|30,004| |Other income||| |Furlough
income||4,479| |No description||15| |||4,494| |Total incoming
resources|390,914|471,735| |EXPENDITIJRE||| |Charitable
activities||| |Wages|175,260|196,403| |Premises costs|75,000|75,000| |Production
fees and costs|870|40,114| |Marketing|5,218|31,464| |Creative fees||27,641| |Accommodation
and subsistence||18,333| |Engagement|8,547|12,999| |Artistic development|28,698|15,695| |General administration||18,711| |Staffcosts|~10 113|~56 134| ||303,706|492,494| ## |||||HighTide Festival Productions
Limited||| |---|---|---|---|---|---|---| |||||Detailed Statement ofFinancial Activities||| |||||for the year ended 31March 2023||| ||||||31.3.23|31.3.22| |Charitable|activities|||||| |Other||||||| |Wages|||||12,607|35,794| |Governance|||||1,000|| ||||||13,607|35,794| |Support costs||||||| |Management||||||| |Insurance|||||2,687|| |Finance||||||| |Other operating|||leases||1,840|2,322| |Bank charges|||||1,090|| |Bank fees||||||827| ||||||2,930|3,149| |Information||technology||||| |ITCosts
Computer|equipment||||3,341
~1697|6,082| ||||||5,038|6,082| |Other||||||| |Insurance||||||2,333| |General admin|||overheads||20,290|5,529| |Computer|equipment|||||27| ||||||20,290|7,889| |Governance||costs||||| |Auditors'
Sundries|remuneration||||10,120|8,828
~II53| ||||||~10120|~9981| |Total resources||expended|||~358378|~555 389| |Net income/(expenditure)|||||~32 536|83654|