REGISTERED COMPANY NUMBER: 05237882 (England and Wales) REGISTERED CHARiff NUMBER: 1139151 Report of the Trustees and Unauditod Financial Statetnents for the Year Ended 31 Dfjcemr 2024 Saltairn Communty Festlval Blenheim Advisory Limit Charter&J CertIfd Acc£Juntants 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ
Saltsire Community Festival Contents of thg Financial Ststements for the Year Ended 31 December 2024 Report of the Trustees 1 to 3 Independent Examinerfs Report Statement of Financial Activities Balance Sheet 6 to 7 Notes to the Financlal Stslgments 8 to 13 Deta11 Statement ol Flnan¢io1 Activities 14 to 15
Saltaire Community Fesltval Report of the Trustees for the Year Endad 31 December 2024 The trustees who are also diredc¥s of the charity for the wrposes of the Companies Act 2006, present their report wtth the financial statBmenls of the tharty for the penod 1 January 2024 to 31 Dember 2024. The trustees have adopted the prowsions of Accounb'ng and Reporting by Charib'es: Statement of Re(x)mmended Practice applicable to charities preparing their acc£*unts in accordance with the Financial Reporting Standard applicable in the UK and Republic of IreLand IFRS 1021 (effective 1 January 2019). Salta1 Communty Festival is a volunleer-run. registered tharity which promotes an annual Festtval that showcases Saltaire vilLgge la UNESCO Worfd Heritsge site) to first-time and repeat visitors. OBJECTIVES AND ACTWMES Objectives and aims The chariws objects (the 'Obiects') are for.: the public tenefit (residents of. and visitors to, Saltairel the advanment of the arts, culture and heritsge {of Saltaire and its surrounding areal, in particular but not exclusively. by promoting and o>ordinating an annual ptanned projramme of arts events within the locality of Sartaire. Signlflcant actlvitles Over¥lew of the 2024 Festival Sattaire Communty Festival worked in paitnership with C8MDC (City of Bradford Metropolitan District Council) and others in planning, promoting and managing a Workl Heritage Day ¢ebratIOn on 27 April 2024. The World Herttage Day evenl included a range of actrvities in Sattaire vFlloge as well as music, street theatre and stalls in Roberts Park. The event was well attended and concluded with a lantem parade in Roberts Park at sunset The 2024 Festival (the twenty first such event) ran from the 8th to the 17th of September and induded a varied programme of events. many of them free. and alm1 at a raThJe of ages and interests for audiences from the immediate MMUnIty. Bradford distn.ct and beyond. The first weekend had a fami fccus to the street theatre and other events in Roberts Park, as well as the village 'Open Gardens, showcasing up prtvate homes and gardens and offering visitors an additional and drfferent perspective on Mllage Itle. The first weekend prtsjramme also included Y8rdFest, vitth local perfonreTr and a numtw of other events promoted by third parties. Week4ong and mid-week events induded art exhibitions in Salts Mill. ts¥o art exhibitions from k)cal arbsts as well as a comedy nHJhC and organ recital in Vict(yia Hall and a F))ety event. The second. finale, weekend continued ff powl8r (Xjmblnali of markets and outdi)or music on three stages. as well as f¢X and drinks outlets for visitors. The three stage5 offered opportunities for local arttsts and bands to showcase their talent to a vrider audients. There was also another evening ticketed event at the Caroline Street Social Club. Page 1
Saltaire Community Festival Report of the Trustees for the Year Ended 31 December 2024 1 OBJECTIVES AND ACTivmES Resourclng the festlval The Festival has no guaranteed funding. aTrJ rai%irvJ the money required for such a major event becomes more drffiujlt each year as budgets in both the pubfic and prtvale sectors o)ntinue to come under increasing pressure. As a result. the Festival has beCme more dependent on income from traders and, recognising this will establish a. trading subsidiary in eaty 2025. Putting on the festival require partnership Working and the Board is grateful for support from Bradford Counctl {Markels, Highways. Public Safety. and Parks and Gardens departsnenls) as well as the West Yorkshire Police and other suppfiers. artists, perfOrnrs and vendors. Saltaire Community Festival is aL gratefvl to ntribUtiOns, some in kind, from local businesses and pop-ups, members of the F)ublic through donatnS - as well as the numerous volunteers and local residents who all play their part in maknng the festival a sut)XS. Publlc benefrt In setting our objectives and planning acbts, our Trustees have given serious nSideration to the Charity Commission's general guidance on public benefft and in parti(xJlar the advanment of education and espeualty the arts. FINANCIAL REVIEW Financial position Net income for the period was £8.052 (compared to last year net income of £1,339). all relating to general lUn$trIcted) funds. Resen pollcy The thariiys free reserves al the periiKI end were £36.037 (at December 2023.. £27,985). The trustees aim to mainlain sufficient rrve fiJTrJs to cover between 3 and 6 months operab'ng expenditure. STRUCTURE, GOVERNANCE AND MANAGEMEiir Goveming document The tharity is conlrolled by ifs govemiThJ dcxxmenL the memorandurn and artictes of association as amended by speaal resolutions dated 4 August 2009 and 6 September 2010. The charity conslitule5 limited company, limited by guarantee, as defined by the Companies Act 2006. The Ikqbllity of the members in the event of the company being wound up is limited to a sum not ex(Eeding £1. Recruitment and appointment of new trustees The trijstees of the charty are also the directors the purposes of (x)mpany law and are appointed by the members at the AGM. REFERENCE AND ADMINISTRATIVE DAlLs Registered Company numbor 05237882 (England and Wales) Page 2
Saltalre Communty Festival Report of the Trustees for the Year Ended 31 December 2024 Registered Charity number 1139151 Registered office 36 Bromley Road Shipley BD18 4DT Trustees J A Henkel H N Hussain I Swailes Chair B Travis J Reed (resigned 3.2.20241 M Mowu Treasurer {wgngJ 3.2.2024) 1 Company &cretsry J A Henkel Independent Examlner M Arshad Blenheim Adviw Limit Chartered Certff AccrAJntants 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ Approved by order of the tThrd of trustees on .. .. . by: and sned on its behalf h21 enkel- Trustee Page 3
Indepondent Exarninerfs Report to tho Tntste•s of Saltaire Community Fesllval Independent examinerfs report to the tnlstees of Sattaire Communty Fesllval fthe Compan) I report to the charity tnjstees on my exarthination of the accounts of the Company for the year ended 31 December 2024. Responsibilities and basi5 of rvport As the charity's trustees of the Company (and also its d1CtOrS for the purposes of company law) you are responsible for the preparation of the accounts in a(xx)rdance the requirements of the Companies Act 211)6 {Ihe 2006 Acr). Having Satisfied myself thal the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for Indepdent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the chariti.es Act 2011 {Ihe 2011 Ad'l. In carying out my examination I have loliowed the Directions given by the Charity Commission under Section 145(5} {b} of the 2011 ACL Independent examinerfs ststement I have completed my examination. I confimi that no matters have come to my allention in (x)nrwtion with the examination givtng me (2use to believe- accounliro recx)rds were not kept inj respect of Ihe Company as required by Sedion 386 of the 2006 Act.. or the accounts do no.t acrord wth those recx)rds" or the accounts do not Comp th the accounting requirernents of Secb'on 396 of the 2006 Act other than any requirement that the ac(x)unts grve a twe and fair view which is not a matter considered as part of an independent examination" or the acUnts have not been prepared in a(X0rdan with the methc>ds and principles of the Statement of Recommended Practice for accounting and reporting by charits'es {applic2ble to charitÉe5 preparing their accounts. in accordan with the Financial Reportlng Standard applicable in the UK and ReFiubbc of Irdand IFRS 102))- I have no concems and have come acros5 no other m8tters in connection with the examination to which attention should be drawn in this in order to enable a proper understsnding of the accounts lo be reached. M Arshad Blenheim Advisory Limited Chartered Certified Accountants 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ Date.. OSlo71 u)Ir Page 4
Saltsire Community Festival Statement of Financial Activities for the Year Ended 31 December 2024 2024 UnrB$tricted fund Totsl funds 2023 INCOME AND ENDOWMENTS FROM Oonations and legaaes 3,323 9.488 Other trading activitie5 Other income 67.130 49.461 137 Totsl 70,453 59,086 EXPENDtruRE ON RaiwThJ funds 58,069 54,858 Other 4,332 2.889 Total 62,401 57,747 NET INCOME 8,052 1,339 RECONCILIATION OF FUNDS Total fvnds brought forward 27.985 26,646 TOTAL FUNDS CARRIED FORWARD 36,037 27,985 The notes fomi pa, rt of these ffinanual statements Page 5
Saltalre Communlty Festlval Balance Sheet 31 D8cernber 2024 2024 Unrestricted fund Total funds 2023 CURRENT ASss Debtors Cash al bank 740 39,820 780 28,645 40,560 29.425 CREDrroRS Amounts falling due vthhin one year {4,523) (1,440) NET CURRENT ASSETS 36.037 27,985 TOTAL ASSETS LESS CURREP LIABILITIES 36.037 27.985 NEf ASSETS 36.037 27,985 FUNDS Unrestricted fvnds 36.037 27,985 TOTAL FUNDS 36,037 27,985 The charFtable company is entiued to exetiiption from audit under Sectk)n 477 of the Compan$ Act 2006 for the year ended 31 December 2024. The members have rKJt required the company to obtain an audtt of its financial statements for the year ended 31 December 2024 in accordance wtth Section 476 of the Companies Act 2(KJ6. The trustees 8d(noedge their responsibiltbes for la) ensuring that the charitable company keeps atcwnting records ttt comply with SectK)n$ 386 and 387 of the Companies Act 2006 and (bl preparing financial slalements whth give a tnje arHd tair view of the slate of affairs of the charitable company as at the end of each finanaal year and of its surplus or deficit 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 relatrng lo financial ststements. so far as app(ab lo thé charitable company. The notes fonn part of these financial ststements Page 6 continued...
Saltaire Communlty Festival Balance Sheet. contlnued 31 December 2024 These finanaal statemnts ha prepared in aC(X)rdan viith the promsions applic2ble lo Charitab (x)mpanies suty.ecl to the small [npanS regime. The financ481 statements were approved, by the Board of Trustees and authori1 fDr issue on ../.i....S4..a.o.....lo.%£.... and were sMJned on its behalf by. J A Henkel- Trustee The notes fomi part of these finanaal statements Page 7
Saltalre Communty Festival Notes to the Financial Ststements for the Year Ended 31 December 2024 ACCOUNTING POUCIES Basis of preparlng the financlal slatsments The finanaal statements of the charitable ciNnpany. which is a public benefft entity under FRS 102, have been prepared in accordan wth the Charibes SORP IFRS 1021 'A¢counting and Reporting by Charilies: Statement of Rec£smmeTKled Pra£ applI(Xb to charib'es preparing their accounts in aOrdanCe wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019),, Financial Reporting Sl2ndard 102 'The Finanaal Reporting Standard applicable in the UK and Republic of Ireland, a1 the Companies Act 2CX)6. The financial. statements have been prepared under the historbcal cost onvenlion. Income All income is recognFsed in Ihe Slatement of Finanryal A¢tvtbes once the charity has entitlement to the fvnds, it is probable that the,.incmie will be reVed and the amount can be measured reliably. Expenditure Liabilities are recognised a5 expenditure as sth)n as there is a legal or constructive obligation commttting the charity to that expenditu. it is probabk that a transfer of economic benefrts will be required in setuemenl and amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost relaled to the tegOry. Where cosis cannot be directly attributed to particular headings they have been albxated lo "VIlieS on a basis consistent with the use of resources. Taxation The tharty is exempl from CQTporatiOn tax on its charilable acbvilies. Fund accounting Unrestricted funds can be used in ¥aYdance with the tharttable objectives at the discretion of the trustees. Restricted fvnds can only be used i for parb.(xjf restricted purposes within the objects of the charity. Restrtctons arise when spectfied by the donor or when funds a raised for particular restricted purFX)ses. Further explanation of the nature and purtN)se of ead) fund is induded in the notes lo the finanaal ststements. Page 8 continued...
Saltsirè Communlty Festival Notes to the Financial Statements- conlinued for the Year Ended 31 December 2024 DONATIONS AND LEGACIES 2024 2023 Donations Sponsorship income Grants 2.753 570 3.688 3,300 2,500 3,323 9,488 Grants r1ved. hwJud&J in the at4)ve, are as follows.. 2024 2023 Other grants 2.500 Grants and donations 2024 2023 Marshalls Amusements Online Donations Bradford MDC Shipley Town Counol Aire Valley Arts Cash Collections 1.090 170 145 2,000 500 330 212 OTHER TRADING ACTlVtriES 2024 2023 Tickets inoome AdMisSns. concessions 1,169 48,292 66.134 67,130 49,461 Page g continued...
Saltairo Communlty Festfval Notes to the Financial Statements - contlnued for the Year Ended 31 December 2024 TRUSTEES. REMUNERATION ANd BENEFrrs There were no trustees. remuneration or other benefits kn the year ended 31 December 2024 nor for th8 year ended 31 December:2023. Trustee$. expenses There were no trustees. expenses ended 31 Decernber 2023. id for the year ended 31 December 2024 nor for the year COMPARATIVES FOR THE STATÉMENT OF FINANCIAL ACTMTIES Unrnstricted fund INCOME AND ENDOWMEKfs FROM Donations and legacbes 9,488 Other Irading actrvitses Other income 49,461 137 Total 59,086 EXPENDITURE ON Raising funds 54,858 Olher 2,889 Total 57,747 NET INCOME 1,339 RECONCILIATION OF FUNDS Total funds brought foThvard 26.646 TOTAL FUNDS CARRIED FORWARD 27.985 Page 10 continued...
Saftairn Communlty Festlval Notes to tho Financial Ststements - ¢ontinued for thè Year Ended 31 December 2024 DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2024 2023 Trade debtors 740 780 CREDITORS: AMOUNTS FALLIN6 DUE wrrHIN ONE YEAR 2024 2023 Accrued expenses 4,523 1,440 MOVEMENT IN FUNDS Net movement in funds At 31112124 At 111r24 Unrestricted funds General fuThJ 27.985 8.052 36,037 TOTAL FUNDS 27.985 8,052 36.037 Net movement In fuThYs. induded in W aix)ve a as folk)ws: Incoming Resources resources expended Movgrnent In funds Unrestricted funds General fund 162.401) 8.052 TOTAL FUNDS 70.453 (62,4011 8.052 Page11 continued...
Saltalrn Communlty Festfval Notes to the Financial Ststements - continued for the Year Ended 31 D8rnber 2024 MOVEMENT IN FUNDS - ¢ontlnued Comparatives for movement In funds Net movement in funds At 31112123 At 111123 Unrestrictod fvnds General fund 26.646 1.339 27,985 TOTAL FUNDS 26,646 1.339 27,985 Comparative net movement in fiJnd4 includ&J in the aix)ve are as follows: Incoming Resources resour¢os expended Movement in funds Unrestricted funds General fund 59.086 {57.747) 1.339 TOTAL FUNDS 59.086 (57.747) 1,339 A ujrrent year 12 months and prM)r Fr 12 rrwths )MbIned [MtiOn is as follows: Net movement in fund5 At 31112124 At 111123 Unr•stricted funds General fund 9,391 36,037 TOTAL FUNDS 9.391 36,037 Page 12 ry)ntinued...
Saltslre Community Fesllval Notes to the Financial Statements- conllnued for the Year Ended 31 December 2024 MOVEMENT IN FUNDS- continue(I A ojrrent year 12 months and prIyear 12 months ecKnbined net movement in funds, induded in the above are as foll0v.. Incoming Resources reSoUrS expended ovement in funds Unrestrlcted funds Gener81 fund 129.539 (120,148) 9.391 TOTAL FUNDS 129,539 (120.148) 9,391 RELATED PAR DISCLOSURES, There were no related paty transaclons for the year end&J 31 December 2024. Page 13
Saltaire Communlty Feslfval tailed Statement of Financial Activities ft>r the Year Ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacies Donations Sponsorship income Grants 2.753 570 3,688 3,300 2.500 3,323 9,488 Other trading actmtles Ticke15 income Admissions.. concessions 1,169 48,292 66.134 67.130 49,461 Other Income Other income 137 Total Incomlng resources 70,453 59,086 EXPENDrruRE Other trading a¢tivities staging and secunty Perfomers Other direct event costs 33,963 4.812 16,806 22,574 7,765 21,046 55.581 51.385 Othgr Website Design and print Other publirAty and markeltng Administration costs Subscriptions 261 1.316 1.666 757 332 833 723 212 333 4,332 2,889 Support costs Management Accounting & independent exam. 1.440 This page does not fom part ofthe statulory financial ststements Page 14
Saltaire Communlty Festival Detailed Statement of Financial Activities for the Year Ended 31 Decemb8r 2024 2024 2023 Management Finan¢e Insurance Bank charges 1.043 1,955 78 1.048 2,033 Total resources exFended 62,401 57,747 Net in¢ome 8.052 1,339 This page does not fom pa.'rt ofthe statutory financial statements Page 15