REGISTERED COMPANY NUMBER: 05237882 {England and Wales) REGISTERED CHARITh NUMBER.. 11391S1 Report of the Twstees and Unaudited Financial Statements for the Year Ended 31 December 2023 Saltaire Community Festival Blenheim Adwsory Limited Chartered Cerbfied Accountsnts 3 Feast Field Horsforth Leeds West Yorkshire LS184TJ
Saltalre Communtty Fesbval Contents of the Flnan¢ial Statements for the Year Ended 31 December 2023 Page Report of the Trustees 1 to 4 Independent Examinerfs Report Statement of Financial Actlvitios Balance Sheet Notes to the Financial Statements 9 to 13 Delailed Statement of Financial Activities 14 to 15
Saltsire Community Festival Report of the Trustees for the Year Ended 31 December 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 January 2023 to 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Prachce applicable to charities pparing their accounts in ac(x)rdance wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)18ffective 1 January 20191. Saltairè Community Festival is a volunteer-wn. registered charity which promotes an annual Festival that showcases Sallaire village (a UNESCO W0d Henlage site) lo first-time and repeat visitors. OBJECTIVES AND ACTivrriES Objectives and aims The charity's objects (the 'Objects') are for the public benefft (residents of, and visitors to, Saltaire} the advancement of the arts. culture and herrtage lof Saltaire and its surrounding areal, particular but not exdusively. by promoting and ct>ordinatiNJ an annual planned programme of arts events within the localty of satta1. Page 1
Saltaire Community Festival Report of Ihe Trustees for the Year Ended 31 December 2023 OBJECTNES AND ACTIVITIES Significant activities Overview of the 2023 Festival The 2023 festwal programme used Sallaire Village and Roberts Park as the backdrop. with events h05ted in public acesSible spas. buildings and streets induding Roberts Park. Exhibition Road, Victoria Road. Shipley College. Victoria Hall, Salts Mill. the Sall Beer Factory. Caroline Street Social Club and Caroline Street park. The 2023 Fests'val (the Iwentieth such event) ran from the 8th to the 17th of September and included a varied prramrne of events. many of them free, and aimed at a range of ages and interests lor audiences from the immediate community, Bradford district and beyond. The 2023 fesllval started wtth a fijnd-raising outdoor cinema in Roberts Pat1(, WTU) the showng of 'The Greatest Shovmian., complemented by a cir5 skills workshop for children. The first weekend had a family fccus to the street Iheatre and other events in Roberts Park, as well as the village 'Open Gardens, showcasing up private homes and gardens and offering visitors an additional and different petspective on village lrfe. The first weekend programme also included YardFesl, with local performers. a ticketed event at the Caroline Street Social Club, organ perfoan$ in Victoria Hall and the West yorkshi Organic Show in Shipley College. Week4ong a1 mid-week events induded a David Hockney display IA Year in Nomiandiel in Salts Mill. two art exhibitions from local artists as well as a comedy night. a celebration of Yorkshire-ness and a poetry event and film 5Fw)wng. The second, finale, weekend continued its popular combinatK)n of markets, Makers Fair in Victoria Hall and oUtdr music on three stages, as well as food and drinks outlets for visitors. The three stages offered opportunrties for local artists and bands lo showcase their talent lo a wider audience. There was also another evening ticketed event at the Caroline Strt Social Club. Resourcing the festlval The Festival has no guaranteed ftjnding and raising the money required for such a major event becomes more drfficult each year as budgets in both the public and private sectors continue to come under increasing pressure. Grants were Shipley Town Council and RBS architects, and The Sall Brewery rx)nb'nued as the Festival StM)nsor Putting on the festival require partnership worknng and the Board is grateful for support from Bradford Council (Markets. Htghways. Public Safety. and Parks and Gardens departments) as well as the West Yorkshire Poli and other suppliers, artists, perforrners and vendors. Saltsire Communty Festival ts also greful to contributions. some in kind, from local businesses and pop-ups, members of Ihe public through donations as well a5 the numerous volunteers and local residents who all play their part in maknng the festival a SUcs. Public benefft In setting our objectives and planning our actsvtties, our Tmslees have given serious consideration to the Charity Commission's general guidance on public benefft and in particular the advancement of education and especially the arts. Page 2
Saltsire Community Festival Report of the Trustees for the Year Ended 31 December 2023 FINANCIAL REVIEW Financial position Net income for Ihe pericwj was £1,339 {(x)mpared to last year r1 expenditure of £2,156). all relab'ng to general {unrestncled} funds. ReseNes policy The Charity's free reserves at the perKxY end were £27.985 (al December 2022.. £26,646). The trustees aim to maintain suffiuent reserve funds to o)ver beeen 3 and 6 rnonths operats'ng expendtture. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing documenl The charity is conlrolled by its goveming document. the memorandum and articles of 88s0¢iation as amended by Speal resolLrtions dated 4 August 2009 and 6 September 2010. The charity constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The liability of the mernbers in the event of the c¥JMpany being wound up is limited lo a sum not exceeding £1. Recruitmenl and appointment of new trustees The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 05237882 (England and Wales) Registered Charlty number 1139151 Registered office 36 Brornley Road Shipley BD18 4DT Trustees J A Henkel {appointed 17.320231 H N Hussain I Swailes Chair B Travis {appointed 17.3.2023) W Towler lapFointed 17.3.2023) (resigned 5.10.2023) J Reed R Baltt Treasurer (resigned 3.1.20231 M Moreau Treasurer (appointed 7.6.20231 Company Secretary J A Henkel Page 3
Saltairè Community Festival Report of the Trustees forthe Year Endad 31 December 2023 REFERENCE AND ADMINISTRATIVE DAlLS Independent Examiner M Arshad BIenhrn Advisory Lirnited Chartered Certified Accwnlants 3 Feast Feid Horsforth Leeds West Yorkshire LS18 4TJ Approved by order of Ihe board of twstees ... ... . . . behalf by-. and sKJn&J on rts JAHen 4i/b.IA l- Trustee
Independent Examinerfs Report to the Trustees of Sattaire Community Festival Independent examlnerfs report to the trustees of Saltslre Community Festival ('the Company,) I report to the charity trustees on my examInatn of the accounts of the Company for the year ended 31 Dember 2023. Responsibilities and basis of report As the charlty's trustees of the Company land also ils directors for the purposes of company 18wI you are responsible for the preparalion of the accounts in accordance with the requirements of the Companies Acl 2006 (Ihe 2006 ACVI. Having satisfied myself that the aoJ)unts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charitys accounls as carried Dut under Section 145 of Ihe Charities Act 2011 {Ihe 2011 Act,). In caryng OLrt my examination I have followed the Directions given by the Charity Commission under Section 14515} (bl of the 2011 Act. In(lependent examIneS statoment I have completed my examination. l (L)nfin that no matter5 have come to my attentson in (xinnection with the examination gNing me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 01 the 2006 Act,. or the accounts do not accord wth those rerdS.. or the accounts do not comply wilh the a(Lounting reqU1MentS of Seckn'on 396 of the 2006 Act other than any qUirement that the accounts gtve a true and faif view which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practi for a(munting and reporting by charitie5 {applicable to charities pparing their acfJ)unts in aCa)rdan wth the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021)- I have no COnm5 and have CO across no other matters in c>Jnnection with the examinakn'on to which attention should be drawn in this rerK)rt in order to enable a proper understanding of the accounts to be reached. M Arshad Blenheim Advisory Limited Chartered Certified Accountants 3 Feast Field Horsforth Leeds Wesl Yorkshire LS18 4TJ ac2* Page 5
Saltaire Community Festival Statement of Financial Activities for the Year Ended 31 December 2023 Period 114122 to 31112122 Year Ended 31112123 Unrestricted fund Totsl funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 8,951 Other trading acbvities Other InMe 49,461 137 28,462 75 Total 59.086 37,488 EXPENDITURE ON Raising fvnds 54.858 36,735 Olher 2.889 2,909 Total 57,747 39,644 NET INCOMEI(EXPENDITURE) 1,339 (2,1561 RECONCILIATION OF FUNDS Total funds brought forward 26,646 28.802 TOTAL FUNDS CARRIED FORWARD 27.985 26,646 The notes fom part of these financial Statents Page 6
Saltalre Community Festival Balance Sheet 31 December 2023 2023 Unrestricted fund Total funds 2022 Notes CURRENT ASSETS Debtors Cash at bank 28,645 29.666 29.425 29,666 CREDITORS Amounts falling due within one year (1.440) (3.020) NET CURRENT ASSETS 27,985 26.646 TOTAL ASSETS LESS CURRENT LIABILITIES 27,985 26,646 14ET ASSETS 27,985 26,646 FUNDS Unrestricted funds 27.985 26.646 TOTAL FUNDS 27.985 26,646 The charitable company 15 entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023. The members have not required the mmpany to obtain an audit of its finarrial statements for the year ended 31 December 2023 in a¢)rdance Sectn 476 of the Companies Act 2006. The trustees acknowledge their resFK)nsibilities for lal ensuring that the charitable company keeps a(Lounling records that comply wilh Sections 386 and 387 of the Companies Act 2006 and (bl preparing finanaal slatements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in ac¢x)rdance wth the requirements of Secttons 394 and 395 and which otherwise comply wtth the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the chartiable cfjmpany. The notes fomi part of these financk41 slatements Page 7 continued...
Saftaire Communlty Festival Balance Sheet. contlnugd 31 December 2023 finan(ial statements have been preFAred Hi ac£(xdarts vth the provisions applitsble lo charitatAe companies gJbJ"ecl lo the small ¢xNiynies re91. The fDianck?I stslements ¥%*re aroVed by the Board of Tr authortsed for tssue on aThJ re sned C ts behaff by: Henkel- Trustee P&Je 8
Saltaire Community Festival Notes to the Flnancial Statements for the Year Ended 31 December 2023 ACCOUNTING POUCIES Basis of preparing the financial statements financial statements of the charitable company, which is a public benefft entity under FRS 102. have been prepared in accordan with the Charities SORP IFRS 102) 'Accounting and Reporting by Charilies: Statement of Rewmmended practi applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 The Financial Reporttng Slandard applicable in the UK and Republic of IrelarKI' and the Cofflpanies Act 2006. The financial 51alements have been prepare(J under the historical cost convention. Income l income is recognised in the Statemenl of Financial Activities once the charity has entitlement to the funds. it is probable thal the income w711 be received and the amount can be measured reliably. Expendlture Liabilrties are recognised as expendtture as scon as there is a legal or constnjctive obltgalion committing the charity lo that expenditure, it is probable that a transfer of econornic benefits will be required in setttemenl and the amount of the obligalK)n can be measured reliably. Expenditu is accounted for on an accnjals basis and has been classtfied under headings that 8ggregale all cost lated lo the category. Where (x)sts cannot be direclly attributed lo particular headings they have been allocxled to activities on a basis consistent with the use of resources. Taxation The charty is exempt from cOrwraln lax on its charil8ble aCte$. Fund a¢Unting Unrestricted funds can be used in aCrdan wrlh the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restn.cted purposes within the objects of the charity. Reslriclion5 arise when specffied by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is induded in the notes lo the financial statements. Page 9 continued...
Saltaire Community Festival Notes to the Financial Statements - ¢onlinued tor the Year Ended 31 December 2023 DONATIONS AND LEGACIES Period 114122 to 31112122 Year Ended 31112123 Donats'ons Sponsorship income Grants 451 2,000 6.500 3.300 2,500 9.488 8,951 Grants reived, induded in the at(Jve. are as follows: Perlod 114122 to 31112122 Year Ended 31112123 Other grants 2,500 6,500 Grants and donalions 31.12.23 31.12.22 RBS Architects Ltd Online donations The Salt Foundation Cash collections Sir George Martin Trust Bradford MDC Aire Valley Arts Givey Ltd Shipley Town Counc 298 153 5,000 3,212 1,000 2.000 330 145 500 187 OTHER TRADING ACTivmES Period 114122 to 31112122 Year Ended 3111W23 Tickets income Admissions.. concessi)ns 1,169 48,292 28.462 49,461 28,462 Page 10 continued...
Saltaire Communlty Festival Notes to the Financial Statements - continued for the Year Ended 31 December 2023 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. muneratIon or other benefits for the year ended 31 December 2023 nor for the period ended 31 Drnber 2022. Truslees. expenses There were no trustees. expenses paFd for the year ended 31 Dember 2023 nor for the period ended 31 December 2022. COMPARATIVES FOR THE STATEMENT OF HNANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donats'ons and legaues 8,951 Other trading aclivrlies Other income 28,462 75 Total 37.488 EXPENorruRE ON Raising ftjnds 36,735 Other 2,909 Totsl 39,644 INCOMEI{EXPENDITUREI (2,156) RECONCILIATIOM OF FUNDS Total funds brought forward 28,802 TOTAL FUNDS CARRIED FORWARD 26.646 Page 11 continued...
Saltaire Communlty Festival 14otes to the Financial Statements - continued for the Year Ended 31 Decembèr 2023 DEBTORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2023 2022 Trade deblors 780 CREDITORS: AMOUPtrs FALUNG DUE WITHIN ONE YEAR 2023 2022 Trade cmlitors Accwed expenses 2,516 504 1,440 3,020 MOVEMENT IN FUNDS Net movement in funds At 31112123 At 111123 unstricted funds General fund 26,646 1.339 27.985 TOTAL FUNDS 26,646 1,339 27,985 Net rr4)vemenl in funds, induded in the atove are as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 59.086 {57.747) 1,339 TOTAL FUNDS 59.086 157,7471 1,339 Comparatives for movement In funds Net movement in funds At 31112122 At 114122 Unrestricted funds General fvnd 28,802 (2,156) 26,646 TOTAL FUNDS 28.802 12,156) 26,646 Page 12 rx)ntinued...
Saltalre Communty Foslival Notes to the Financial Ststements - continued for the Year Ended 31 December 2023 MOVEMENT IN FUNDS. continued Comparative nel movemenl in funds, induded in the atx)ve a as follows.. Incoming Resources Movement sources expended in funds Unrestricted funds General fund 37.488 (39.6441 {2,1561 TOTAL FUNDS 37,488 (39.644) (2,156) RELATED PARTY DISCLOSURES There were rKJ lated paty transaclk)ns the year ended 31 December 2023. Page 13
Sallaire Community FeslNal Detailed Statement of Financial Activities for the Year Ended 31 December 2023 Period 2022 to 31112122 Year Ended 31112123 INCOME AND ENDOWMEpirs Donations and legacies Donations Sponsorship income Grants 3,688 3,300 2,500 451 2.000 6,500 9,488 8,951 Other trading actlvlti8s Tickets income Admissions: concessK)Ds 1,169 48,292 28,462 49.461 28.462 Othèr income Other income 137 75 Total Incoming resour$ 59.086 37,488 EXPENDITURE Raising donations and legacies Fundraising costs 40 Other trading activities Staging and security Performers Other direct event (x)sts Venues 22.574 7,765 21,046 18,749 2,050 13,746 30 51.385 34,575 Other Website Design and print Other publicty and marketing Administration costs Subscriptions 833 723 788 212 333 705 1,560 2,889 2,909 This page does not fomi part of the statutory financial statements Page 14
Saltaire Communlty Festival Detailed Statement of Financial A¢tivities for the Year Ended 31 December 2023 Perlod 2022 to 31112122 Year Ended 31112123 Support costs Management Ac¢ounling & independent exam. 1,440 504 Finance Insurance Sundries Bank charges 1,955 1,217 354 45 78 2.033 1,616 Total resources expended 57.747 39,644 Net incomellexpenditure) 1.339 (2,1561 This page does not form part of the statutory financial statements Page 15