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## Hurst Festival - Report of the Trustees for the year to 30 April 2022
The trustees present their report with the financial statements of the charity for the year to 30 April 2022.
## Registered Charity number
1127445
Principal address 112A High Street Hurstpierpoint BN6 9PX
## Trustees
Michel Olszewski
Margaret Carey Shaughan Parish Bob Sampson Martin Williams John Barry (appointed 2 August 2021) Belinda Sharp (appointed 2 August 2021) Charlotte Wilson (appointed 2 August 2021)
## Company Secretary
Barry Budibent
## Independent Examiner
Martin Watts
## STRUCTURE, GOVERNANCE AND MANAGEMENT
## Structure
Hurst Festival was incorporated as a private limited company ( No 6565917) on 15 April 2008 and commenced activities on that date. The funds of the Hurstpierpoint and Sayers Common Arts Festival society were transferred to the company at that date. Charitable status was granted on 9 January 2009.
## Governing document
The Hurst Festival is controlled by its governing document, its memorandum and articles of association incorporated 15 April 2008 as amended by special resolution 6 January 2008.
## Risk management
The trustees have a duty to identify and review the risks to which the Hurst Festival is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
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## OBJECTIVES AND ACTIVITIES
## Objectives and aims
Hurst Festival’s principal objective is to advance the education of the public in the visual and performing arts by the production of an annual festival.
## 2021 Festival
During the year, the trustees oversaw the holding of the 2021 festival which took place from 11 September to 26 September 2021. The running of the festival was delegated to a separate festival committee which has been chaired by Colin Matthews. The Festival manager is Katherine Jackman.
> communityThe objectiveevents was towhi a **c** hieveh required a balancedfunding programmebut with little withor a high no income proportionand t **o** fachieve a small surplus where possible with income mainly from other events and sponsorship, The 2020 festival had to be held in a virtual format because of the covid restrictions. As a result, many activities had to be curtailed and this resulted in a deficit on unrestricted funds for the year ended 30 April 2021 of £8572. The festival held in September 2021 was mainly back on to a normal basis and resulted in a surplus on unrestricted funds for the year ended 30 April 2022 of £5152, reflecting a more normal financial outcome. Unrestricted funds carried forward at 30 April 2022 totalled £27615. There is income and expenditure which is dedicated for specific purposes. This is included as restricted funds.
The policy remains of preserving the reserves of the company to enable it to continue to have future festivals with a wide range of community events and also provide for future contingencies.
## ON BEHALF OF THE TRUSTEES
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Michel Olszewski
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5 August 2022
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NRA \ | AS
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¥ HURST FESTIVAL Charity No
ORES Annual accounts for the period CCi7a
categoriesRecommendedby activity | Details ofanalysis own g Unrestrictedfunds ‘—funds Endowmentfunds Totalthisyear Totalyear last
£ £ € £ £
Incoming resources (Note 3 FO! FO2 FG3 FO4 FD5
incomingsomeinedtansresources from |. | =| . ae
foActwitesfor generating wz| 1400; | ‘| 400! 00
ieeteetivorn,_—_ a) re ee ee | eee)
Cahn nsomingreonarses o - | .| . oe |
Total incoming resources o| 65533 _5240| | 70873! 18,788
Resources expended (Notes
a sr} _se00| _- | - | 5800| 5050,
favemang vary con =| =| .| - ey.
acter ow! =| | + ey |
communeresources cot 7
transfers | Sia 152 5 8827 898
ee aol sel | | al nl
Grosstranstersbetweentunds S15|_—||P
mimeoother recognised gainw{loxmey Sis 5.162 | 5 627 ag8
Other recognised gains/(losses}
assets|for the chafity’s own use sv
Gains andiosses onimentmentassets sw) = | | = | |.
Total funds broughtNetmovementforward in funds s om | 224635,152! 003)1475| - || za.556ega7 | . 31.454,7,808
For the above pariod. the comparty waa antitiad to exemption from audit under section 477 of the
Companies Act 2006 relating fo amall companies: The members have not required tha company to obtain
an audit of its accounts for the period in queetion in accordance with section 476.
The trustees as directory acknowledge {heir mponsibilities tor complying with the requirements of the
Act with respect to accounting records end the preparation of the accounta. ‘ ; vk
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and were wignedon its behall by:
Michel Oiszewsk!
## Independent Examiners Report to the Trustees of Hurst Festival
I report on the attached accounts of the Hurst Festival for the year to 30 April 2022
## Respective responsibilities of trustees and examiner
As trustees of the Hurst festival you are responsible for the preparation of the accounts; you consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
* examine the accounts under section 145 of the 2011 Act;
* follow the procedures laid down under section 145(5)(b) of the 2011 Act), and * to state whether particular matters have come to my attention.
## Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
## Independent examiner's statement
In the course of my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements:
* to keep accounting records in accordance with section 130 of the 2011 Act; and * to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper Mkartin Watts ofthe accounts to be reached. 8 Mill Lane Shoreham-by-Sea BN43 SAB
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