REGISTERED CHARtTY NUMBER: 1137844 ort of the Trustees and Unaudited FinanclAI Statements for the Year Ended 31 Au st 2024 for Broadwg Arts Festlval Trust Attw(iods Chartcrcd Certified Accountants 90-92 High Strcct Evcsham Worccslcr5hire WRI14EU Broadwa Arts Festival Trust Contenls of the Financial Statements for the Year Ended 31 Au ust 2024 Page Report of the Trustees Independent Examfiner's Report Stat¢m¢nt of FinanclJl Activities Balance Shcel Not¢$ to th¢ Fin#n¢lal Statements 6 to 10 Detalled Statement of Financial Activities Broadwa Arts Festival Trust Re ort ol the Trustees for the Year Ended 31 Au ust 2024 The trustees present their report with the financial slaiemenls of the charity for the year ended 31 August 2024. The truslees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTtVlTIES Objectives and aims To promote, maintain, improve and advance the education of the public in the ths, in parncular but not exclusively fine affj rnusic, drama and the perfom]ing arts, by the provision of d biennial festival in Broadway, Worcestershire. The charitable aim is lo encourage an educaliondl arts legacy in the form of our local primary and secondary schools outreach programme and student bursaries for those pursuing a career in the arts. The Charity aims to make annual financial grants to assist young people from the Broadwdy area who are studying the arts. During the year 18 grants {2023 11) of between £1,000 and £2,000 (2023 £1,000 and £3.500) each were awarded to suitably qualified candidates. SlgnlfAeAnt a¢tlvltl¢s The Charity holds a biennial art.q festival. with a series of arts-related events between festivals. The latest festival was held in 2023. Public bcncfjt The Trustees have, throughout, kept in mind Seclion 4 of the Charities Act, 2006, and the guidance of the Charities Commission in relation lo Public Benefit. To that end that have ensured.. that as far as has been practicable, access lo all venues has been available lo (hose with disabilitie.q' that where there has been a charge for admission lo any of the events the price has been within reach of those with limited means and proportionate lo the nature of the event. As the aims and objectives of the Broadway ArL8 Festival Tru.st are.. To promote, maintain, improve and advance the ediicalion of the public in thL arts, WL have, by advLbrti%ing and othenvise, tried lo ensure that no-one who has an interest in or who would like lo learn more about Ihe arts .8hould feel in any way excluded from the various evenli and aclivilies which form parl of the arts testival and ils ancillary events. The trustees are satisfied that there were no serious incidents or other matters, during Ihe year in question or oihenvise, which should be brought to ihc attcntion of th¢ Charity Commission. The Trust gives due consideration to mthjor risks and has a system and procedures lo manage them. A Risk Rcgi51er is mainlaincd and is updated quarterly. FINANCIAL REVIEW Financial position The accounts for the year cndcd 31 August 2024 have been prepared and %ubmitled on a receipts basis. They indicale an cx¢css of in¢om¢ ov¢r ¢xp¢nditur¢ of £1,29412023- £7,317) The year-cnd tund balance wa5 £76,793 {2023.' £75,499) held primarily in cash al the bunk. The charity aims to hold sufficient reserves to allow the biennial Arts Festival to continue for the foreseeable future. FUTURE PLANS The main arts festival will return in June 2025 wilh an aim to conduct smaller monthly events in the interim. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documetjt The charity Is controlled by ils govcrning document, a dccd of trust and constitutes an unincorporated charily. Broadway Arts Festival Trust is an unincorporated trust governed by a Trust Deed dated 15 June 2009 as amended by a Deed dated 29 August 2013. Organisa¢ional structure The Charity is structured with a Board of Trustees overseeing a Management Convnittee. Page I Broid rts Fesiii'AI Triist url ulthe Trthstee for the l eAr Eniled 31 4u(wu.%l ?024 SI'RI'('I-I:RF.. C'OI'F.RI INC'E .KND NI.4N.IC:F.II&.N'I' Tlic Roard ol- Ti'iisiees lield qiiiriei'li i))¢LIlllLT%. REFF.RENC'F. ,4}1) .4DIIINISTR-ITII'E DF.T4ILS R¢%i.siei'e(I Chgrii!. nuniber 7x44 Pi'incipi l addres RiiÉ.%ell Hoii%e Bri)iidi¥a Kl1111 714L', ruste¢. Nli- J ti R l.LlVIS h1r -kl l. C'haiiil)er.s Ir l) CJlL1I'e TI-IiK[L'¢ Inde endent Examiner's Re ort to the Trustees of Broadw'ai, Arts Festii'al Trust Independent examiner's report to the trustees of Broadwav Arts Festival Trust I report to the Lhdrily trustees on my examination of the accounts of Broadway Arts Festival Trust (Ihe Trust) for the year ended 31 Augiust 2024. Responsibilities and basis of reporl As the charil) trustees of the TIu5t you are responsible for the preparation of the accounts in accordance with the requirements of Ihe Charities Act 2011 ('Ihe Act,). I repon in respect of my examination of the Trust's accounts carried oui under Seciion 145 of (he Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the exan)inaiton giving me cause to believe thai in any material respect: accounting records ivere not kept in respeci ot. the Trust as required by Seciion 130 of the Act; or the accounts do not accord with those records. or the acc()unls do not comply ￿'Ith the