Unaudited Financial Statements for the Year Ended 31st December 2023 

for 

Darnhill Festival Assocation 



Darnhill Festival Assocation 

Contents of the Financial Statements for the Year Ended 31st December 2023 

||Page|
|---|---|
|Income Statement|1|
|Balance Sheet|2|
|Trading and Profit and Loss Account|3|
|Detailed Balance Sheet|4|





Darnhill Festival Assocation 

Income Statement for the Year Ended 31st December 2023 

|**TURNOVER**<br>Cost of raw materials and consumables<br>Other charges<br>Taxation<br>**LOSS**|£<br>29,451<br>(30,121)<br>(832)<br>-<br>(1,502)|
|---|---|



Page 1 



Darnhill Festival Assocation (Registered number: 01138567) Balance Sheet 31st December 2023 

|**CURRENT ASSETS**<br>**CREDITORS**<br>Amounts falling due within one year<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**RESERVES**|£<br>1,363<br>(240)<br>1,123<br>1,123<br>1,123|
|---|---|



## **NOTES TO THE FINANCIAL STATEMENTS** 

## 1. **STATUTORY INFORMATION** 

Darnhill Festival Association is a constituted community group 

Monies within the accounts are restricted funds and are not monies directly available to the Association and it's Trustees 

## 2. **AVERAGE NUMBER OF EMPLOYEES** 

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006. 

- The director acknowledges her responsibilities for: 

- (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of  Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. 

The financial statements have been prepared in accordance with the micro-entity provisions. 

The financial statements were approved by the director and authorised for issue on 21st February 2024 and were signed by: 

Ms K Chorlton - Director 

Page 2 



Darnhill Festival Assocation 

Trading and Profit and Loss Account for the Year Ended 31st December 2023 

|**Turnover**<br>Grants<br>Fundraising<br>Donations<br>**Cost of sales**<br>Cartwheel arts<br>**GROSS LOSS**<br>**Expenditure**<br>Post and stationery<br>Party cost<br>Licences and insurance<br>Accountancy<br>Training<br>Gifts & donations<br>**NET LOSS**|£<br>28,219<br>1,112<br>120<br>87<br>74<br>120<br>240<br>180<br>131|£<br>29,451<br>30,121<br>(670)<br>832<br>(1,502)|
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This page does not form part of the statutory financial statements 

Page 3 



Darnhill Festival Assocation 

Detailed Balance Sheet for the Year Ended 31st December 2023 

|**CURRENT ASSETS**<br>Bank account no. 1<br>Cash in hand<br>**CREDITORS**<br>**Amounts falling due within one year**<br>Accrued expenses<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**NET ASSETS**<br>**RESERVES**<br>Retained earnings|£<br>1,013<br>350<br>1,363<br>(240)<br>1,123<br>1,123<br>1,123<br>1,123|
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This page does not form part of the statutory financial statements 

Page 4