2023-04-30-accounts - Hurst Festival

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Hurst Festival - Report of the Trustees for the year to 30 April 2023

The trustees present their report with the financial statements of the charity for the year to 30 April 2023.

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 Belinda Sharp Charlotte Wilson

Company Secretary

Barry Budibent (to 28 May 2023) John Barry (from 29 May 2023)

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.

The comprehensive risk and controls review exercise conducted by Trustees in 2019 was updated in 2022-23 to reflect current circumstances and experience with e.g. the pandemic.

Hurst Festival - Report of the Trustees for the year to 30 April 2023

The trustees present their report with the financial statements of the charity for the year to 30 April 2023.

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 Belinda Sharp Charlotte Wilson

Company Secretary Barry Budibent (to 28 May 2023) John Barry (from 29 May 2023)

Independent Examiner

Martin Watts

STRUCTURE, GOVERNANCE AND MANAGEMENT

Structure

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 comprehensive risk and controls review exercise conducted by Trustees in 2019 was updated in 2022-23 to reflect current circumstances and experience with e.g. the pandemic.

----- Start of picture text -----
HURST FESTIVAL Charity No
{if any) 1127445
a r \iiinaimalannes Annual accounts for the periodPeriod end CC17a
01/05/2022 date 30/04/2023
Section A Statement of financial activities
Restricted
Recommended Details of own g Unrestricted income Endowment Totalthis Total last
categories by activity analysis 3 funds funds funds year year
£ £ £ £ £
incomingIncomingresourcesresourcestrom (Note 3 FO1 F02 FO3 FO4 FOS
Valerie loom sx| 10,008] —- | —-~—| 10,008] 11,660
Activities for generating funds 802 1g00{ T18001,400 |
charitable activities S04 46,590 57,809
Other incoming resources sh)(tl
Total incoming resources sos ae ae ee 58,148 70,873
Resources expended (Notes 4-8
eres a) er ee Ty T=]
Investment managoment costs oof = - | - ]l- Leee-
Net incomingoutgoing)Total resourcesresources expended before sis|__59,095| _2.099| —- ~+| 61,194
transfers $14 - 2,414 - 3,046 6,627
Gross transfers between funds as} | CC |eS.i
Net incoming/outgoing) resources before
other recognised gains/(losses) sis - 2,414 6,627
Other recognised gains/(losses)
Gains and losses on revaluation of fixed assets
for the charity's own use S17
Gains and losses on investment assets es ee ee ee ee
Net movement in funds s19 2 aay - 2,414 bee a). ome eet 6,627
Total funds brought forward soo|_27.615| sea] | s0.te3| 23.556 |
Total funds carried forward sx| _26,983| 154]= - =| 27.437] 30,183|
For the above period, the company was entitled to exemption from audit under section 477 of the
Companies Act 2006 relating ta small companies. The members have not required the company to obtain
an audit of its accounts for the period in question in accordance with section 476.
The trustees as directors acknowledge their reponsibilities for complying with the requirements of the
ActThe with above respect financial to accounting statementsrecords were approvedand the bypreparation the Boardof of the Trustees accounts. on ... AC tyeChars Lar LS
and were signed on its behalf by: =
| i (WALL f , Ath 2%
Michel Olszewski
----- End of picture text -----

CC17a (Excel)

20/11/2023

----- Start of picture text -----
Section B Balance sheet
----- End of picture text -----

----- Start of picture text -----
Restricted
w Unrestricted income Endowment Totalthis Total last
3 funds funds funds year year
£ £ £ £ £
Fixed assets FO1 FO2 FO3 F04 FO5
Tangible assets (Note 9) B01 3333] -| =] 3,333[ - |
e2 fo eae|
Current assets Total fixed assets bo | ESSE eee ee eee
Stock and work in progress es [|
(ShortDebtors (Note 11) cs es-| -|~-ye Y.-J
Cash term) investments I
at bank and in hand eos [27208 | ee | ara | 34,838
Total current assets sa [T2820 Te]SUE eet
Creditors: amounts falling due within
one year (Note 12) B10 4,590 4,590 6,000
Netcurrent asseta(WabMitios) ov [RIG ieee a0 i een
Total assets less current Nabilities 812 [26 UeT TAT TSE] 80,183 |
Creditors: amounts falling due after
one year (Note 12) B13
Provisions for liabilities andcharges 64 [| - [ - | -| -| - |
Funds of the Charity Netassets ss ["26UET | Tee ere, 163
Unrestricted funds BiG 26,984 26,984 27,615
ev || .—l [llr]
Restricted income funds (Note 13) Bis | 154 | 2,568
Endowment funds (Note 13) Bie —
Total funds bao [EEN on [ee ee IS
For the above period, the company was entitled to exemption from audit under section 477 of the
Companies Act 2006 relating to small companies. The members have not required the company to obtain
an audit of its accounts for the period in question in accordance with section 476.
The trustees trustees as directors acknowledge acknowledge their reponsibilities reponsibilities for complying with the requirements of the the
Act with with respect to to accounting records and the preparation of the the accounts.
The above financial above financial financial statements were were approved by the the Board of Trustees Trustees on .............000008. :
and were signed on its behalf by:
Signature Print Name Date of
isa approval
| Michel Olszewski (Chair’ \Ai2,-23:
----- End of picture text -----

The trustees trustees as directors acknowledge acknowledge their reponsibilities reponsibilities for complying with the requirements of the the Act with with respect to to accounting records and the preparation of the the accounts.

The above financial above financial financial statements were were approved by the the Board of Trustees Trustees on .............000008. and were signed on its behalf by:

CC 17a (Excel)

20/11/2023

Independent Examiners Report to the Trustees of Hurst Festival

| report on the attached accounts of the Hurst Festival for the year to 30 April 2023

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

und Te ofthe accounts to be reached.

Martin Watts 8 Mill Lane Shoreham-by-Sea BN43 5AB