| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement ofFinancial Activities | 12 | to | 13 |
| for t | he Year Ended 31Au ust | 2022 | |||
|---|---|---|---|---|---|
| 31.8.22 | 31.8.21 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME | AND ENDOWMENTS FROM | ||||
| Donations | and legacies | 39,517 | 130,157 | ||
| Other trading activities | 585 | ||||
| Investment | income | 13 | |||
| Total | 40,115 | 130,162 | |||
| EXPENDITURE ON | |||||
| Raising funds | 26,130 | 97,733 | |||
| Charitable | activities | ||||
| Bursaries | 24/00 | 8,000 | |||
| Other | 1,878 | 1,784 | |||
| Total | 52/08 | 107,517 | |||
| NET INCOME/(EXPENDITURE) | (12,093) | 22,645 | |||
| RECONCILIATION | OFFUNDS | ||||
| Total funds | brought forward |
80/76 | 57,631 | ||
| TOTAL FUNDS CARRIED FORWARD | 68,183 | 80,276 |
| Balance | Balance | Sheet | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31August | 2022 | |||||||||||
| 31.8.'22 | 31821 | |||||||||||
| Unres'tr'icted | Total | |||||||||||
| fund | funds | |||||||||||
| .Iotes | ||||||||||||
| AXEDASSETS | ||||||||||||
| Tangible 'assets | 421 | |||||||||||
| CURRENT ASSETS | ||||||||||||
| Debtors | 4,098 | 500 | ||||||||||
| Cash at bank | 65,898 | 81,091 | ||||||||||
| 69,996 | 81,591 | |||||||||||
| CRKMTOSS | ||||||||||||
| Amounts: falling. due wMn one year | (1,813) | (1,736) | ||||||||||
| 68,183 | 79,855 | |||||||||||
| TOTAL cWSSKTSLESSCWOKWT | ||||||||||||
| LIABILITIES | ||||||||||||
| M,276 | ||||||||||||
| FUNDS | ||||||||||||
| Unrestrictec1 funds | 68,183 | 80,276 | ||||||||||
| 68,183 | 80276 | |||||||||||
| The financial statements were .....I.g.-...@g .....~.g3....and mere |
approved sled'on |
by the its behalf by: |
Board | of | Trustees | and | authorised | for | issue on |
| 31.8.22 | 31.8.21 | ||
|---|---|---|---|
| Merchandise | sales | 107 | |
| Bar sales | 478 | ||
| 585 |
| 31.8.22 | 31.8.21 | |||
|---|---|---|---|---|
| Deposit account interest | 13 | 5 | ||
| RAISING | FUNDS | |||
| Raising donations | and legacies | |||
| 31.8.22 | 31.8.21 | |||
| Website | 1/85 | |||
| Programme | design | 100 | ||
| Event expenses | 692 | 5,408 | ||
| Competition | expenses | 560 | 5,630 | |
| artBEAT | 360 | |||
| Artist fees | 1,450 | |||
| Activities | 4,073 | |||
| Support costs | 17,210 | 85,625 | ||
| 25,830 | 96,663 |
| COMPAR | ATIVES FOR THK STATEMENT OF FINANCIAL ACT | IVITIES |
|---|---|---|
| Unrestricted | ||
| fund | ||
| INCOME | AND ENDOWMENTS FROM | |
| Donations | and legacies | 130,157 |
| Investment | income | |
| Total | 130,162 | |
| EXPENDITURE ON | ||
| Raising funds | 97,733 | |
| Charitable | activities | |
| Bursaries | 8,000 | |
| Other | 1,784 | |
| Total | 107,517 |
| Notes to the Financial Statements -continued for the Year Ended 31Au ust 2022 |
Notes to the Financial Statements -continued for the Year Ended 31Au ust 2022 |
|||
|---|---|---|---|---|
| 6. | COMPARATIVES | FORTHE STATEMENT OF FINANCIAL ACTIVIES - continued | ||
| Unrestricted | ||||
| fund | ||||
| NET INCOME | 22,645 | |||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 57,631 | ||
| TOTAL FUNDS CARRIED FORWARD | 80,276 | |||
| 7. | TANGIBLE FIXED | ASSETS | ||
| Plant and | ||||
| machinery | ||||
| COST | ||||
| At 1 September 2021 and 31August 2022 | 1,711 | |||
| DEPRECIATION | ||||
| At 1 September 2021 | 1/90 | |||
| Charge for year | 421 | |||
| At 31August 2022 | 1,711 | |||
| NET BOOKVALUE | ||||
| At 31August 2022 | ||||
| At 31August 2021 | 421 | |||
| 8. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.8.22 | 31.8.21 | |||
| Trade debtors | 3,848 | 500 | ||
| Other debtors | 250 | |||
| 4,098 | 500 |
| 9. | CREDITORS: AMOUNTS | FALLING DUE | WITHIN ONE YEAR | ||||
| 31.8.22 | 31.8.21 | ||||||
| Trade creditors | 1,813 | 1,200 | |||||
| Other creditors | 536 | ||||||
| 1,813 | 1,736 | ||||||
| 10. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.9.21 | in funds | 31.8.22 | |||||
| Unrestricted | funds | ||||||
| General fund | 80/76 | (12,093) | 68,183 | ||||
| TOTAL FUNDS | 80/76 | (12,093) | 68,183 | ||||
| Net movement | in funds, included | in the above | are as follows: | ||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 40,115 | (52408) | (12,093) | ||||
| TOTAL FUNDS | 40,115 | (52408) | (12,093) | ||||
| Comparatives | for movement in |
funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.9.20 | in funds | 31.8.21 | |||||
| Unrestricted | funds | ||||||
| General fund | 57,631 | 22,645 | 80,276 | ||||
| TOTAL FUNDS | 57,631 | 22,645 | 80,276 | ||||
| Comparative | net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 130,162 | (107,517) | 22,645 | ||||
| TOTAL FUNDS | 130,162 | (107,517) | 22,645 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.9.20 | in funds | 31.8.22 | ||
| Unrestricted | funds | |||
| General fund | 57,631 | 10,552 | 68,183 | |
| TOTAL FUNDS | 57,631 | 10,552 | 68,183 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | nl funds | ||
| Unrestricted | funds | |||
| General fund | 170,277 | (159,725) | 10,552 | |
| TOTAL FUNDS | 170,277 | (159,725) | 10,552 |
| Detailed Statement ofFinancial Activities | Detailed Statement ofFinancial Activities | ||||||
|---|---|---|---|---|---|---|---|
| for the Year Ended 31Au | ust 2022 | ||||||
| 31.8.22 | 31.8.21 | ||||||
| INCOME AND | ENDOWMENTS | ||||||
| Donations and |
legacies | ||||||
| Benefactors | 11,139 | ||||||
| Donations | 522 | 16,905 | |||||
| GiA aid reclaimed | 2/48 | 3,350 | |||||
| Grants | 6,000 | 10,500 | |||||
| Advertising income |
4,200 | ||||||
| Festival income | 5 | 49,640 | |||||
| Event income | 6,951 | 3,712 | |||||
| Rental income | 9,915 | ||||||
| Competition income |
6,614 | 20,685 | |||||
| Auction income | 4,838 | ||||||
| Sponsorship | 1,100 | 11,250 | |||||
| 39/17 | 130,157 | ||||||
| Other trading | activities | ||||||
| Merchandise sales |
107 | ||||||
| Bar sales | 478 | ||||||
| 585 | |||||||
| Investment income |
|||||||
| Deposit account | interest | 13 | |||||
| Total incoming | resources | 40,115 | 130,162 | ||||
| EXPENDITURE | |||||||
| Raising donations | and legacies | ||||||
| Website | 1/85 | ||||||
| Programme design |
100 | ||||||
| Event expenses | 692 | 5,408 | |||||
| Competition expenses |
560 | 5,630 | |||||
| artBEAT | 360 | ||||||
| Artist fees | 1,450 | ||||||
| Activities | 4,073 | ||||||
| 8,620 | 11,038 | ||||||
| Other trading | activities | ||||||
| Bar/merchandise | stock | 300 | 1,070 | ||||
| Charitable activities |
|||||||
| Grants to individuals | 24/00 | 8,000 | |||||
| Other | |||||||
| Entertainment | 1,528 | 1,784 | |||||
| Carried forward | 1,528 | 1,784 |
| Detailed Statement ofFinancial Activities | |||||
|---|---|---|---|---|---|
| for the Year Ended 31Au ust 2022 | |||||
| 31.8.22 | 31.8.21 | ||||
| Other | |||||
| Brought forward | 1+28 | 1,784 | |||
| Security | 350 | ||||
| 1,878 | 1,784 | ||||
| Support costs | |||||
| Management | |||||
| Insurance | 1/14 | 1,173 | |||
| Travelling | 261 | ||||
| Telephone and website |
1,448 | ||||
| Postage and | stationery | 450 | 3,578 | ||
| Advertising | and PR | 4,911 | 9,236 | ||
| Sundries | 1,009 | ||||
| Donations | 100 | ||||
| 6,936 | 16,444 | ||||
| Finance | |||||
| Bank and card charges | 375 | 1,353 | |||
| Other | |||||
| Plant and machinery | 421 | 430 | |||
| Governance | costs | ||||
| Technical services | 125 | ||||
| Festival management | expenses | 7,105 | 60,254 | ||
| Management | fees | 200 | |||
| Professional | fees | 7,144 | |||
| Accountancy | and bookkeeping | 2,048 | |||
| 9,478 | 67,398 | ||||
| Total resources expended | 52/08 | 107,517 | |||
| Net (expenditure)/income | (12,093) | 22,645 |