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2020-12-31-accounts

					Page
Reference and administrative		details ofthe Company,	its Trustees	and advisers
Trustees' report					2-5
Independent auditor's	report	on the financial statements			6-9
Statement offinancial	activities				10
Balance sheet					11-12
Statement ofcash flows					13
Notes to the financial	statements				14-27

Trustees					Sarah Crowhurst	Sarah Crowhurst
					Martin Eaton
					Simon Holley
					Royden Loveley
					Andrew Martin
					David Mome
					Michael Sexton
					Andrew Simpkins
					Richard Wightman
Company	registered			number	08284434
Charity registered			number		1150242
Registered		office			Herfford Place
					Coventry
					West Midlands
					CV1 3JZ
Independent		auditor			MHA Maclntyre	Hudson
					Chartered Accountants
					Moorgate House
					201 Silbury Boulevard
					Milton Keynes
					Buckinghamshire
					MK9 1LZ

					Unrestricted	Total	Total
				Restricted funds	funds	funds	funds
				2020	2020	2020	2019
			Note	f	f	f	f
Income from:
Donations and	legames			841,533	177,672	1,019,205	588,803
Charitable activities					48,696	48,696	132,216
Investments					1,023	1,023	1,552
Other income					57,048	57,048	3,128
Total income				841,533	284,439	1,125,972	725,699
Expenditure on:
Charitable activities				762,351	314,697	1,077,048	609,731
Total expenditure				762,351	314,697	1,077,048	609,731
Net movement	in funds			79,182	(30258)	48,924	115,968
Reconciliation	offunds:
Total funds brought		fonvard		217,054	377,043	594,097	478,129
Net movement	in funds			79.182	(30258)	48.924	115,968
Total funds canied forward				296,236	346,785	643,021	594,097

					2020		2019
			Note		8		f
Current assets
Cash at bank and	in hand			679,025		601,597
				679,025		601,597
Creditors amounts	falling due within one year		14	(36,004)		(7,500)
Net current assets					643,021		594,097
Total assets less	current gabgltles				643,021		594,097
Net assets excluding		pension asset			643,021		594,097
Total net assets					643,021		594,097
Charity funds
Restricted funds
Restricted funds —General			16	284,355		88,741
Restricted funds -	Festival		16	11,881		128,313
Total restricted funds			16		296,236		217,054
Unrestricted funds
Designated funds			16	174,777		228,487
General funds			16	172,008		148,556
Total unrestricted	funds		16		346,785		377,043
Total funds					643,021		594,097

				2020	2019
					f
Cash flows from operating	activities
Net cash used in operating	activities			76,405	119,338
Cash flows from investing	activities
Dividends, interests and rents from investments				1,025	1,552
Net cash provided by investing activities				1,025	1,552
Cash flows from Rnancing	activities
Net cash provided by financing activities
Change in cash and cash	equivalents in	the year		77,430	120,890
Cash and cash equivalents	at the beginning	ofthe year		601,597	480,707
Cash and cash equivalents	at the end of	the year		679,027	601,597
The notes on pages 14to 27 form part ofthese finanmal			statements

				Festival	Festival
			Restricted	restricted		Unrestricted	Tots
			funds		funds	funds	fund
			2020		2020	2020	202
			6		6	f.
Donations			242,924			2,641	245,565
Other				80,236		890	81,126
Grants			518,373			174,141	692,514
			761,297	80,236		177,672	1,019,205
					Festival	Unrestricted	Tot-
			Restricted funds	restncted	funds	funds	func
			2019		2019	2019	201
			6		6	6
Donations			58,000			33,682	91,682
Other				145,517		2,215	147,732
Grants			53,755			295,634	349,389
			111,755	145,517		331,531	588,803
Income from charitable		activities
						Unrestricted	Tata
						funds	fund
						2020	202
						f.
Income from chantable	activities					48,696	48,696
						Unrestricted	Tot-
				Restncted funds		funds	func
					2019	2019	201
					6	6
Income from charitable	activities			17,952		114,264	132,216

			Tata
		Grants	fund
		2020	202
		f.
Supporl	of churches	559,562	559,562
Other grants		139,124	139,124
		698,686	698,686
			Tot-
		Grants	func
		2019	201
		f
Support	of churches	192,800	192,800
Other grants		23,559	23,559
Individual	grants	8,286	8,286
		224,645	224,645

					Unrestricted	rois
				Restricted funds	funds	func
				2019	2019	201
					6
Support	ofchurches			109,722	468,164	577,886
Other grants				1,000	22,559	23,559
Individual		grants			8,286	8,286
				110,722	499,009	609,731
Analysis		ofexpenditure	by activities
				Grant funding		Tata
				ofactivities	Support costs	fund
				2020	2020	202
				6	f.
Support	of churches			559,562	378,362	937,924
Other grants				139,124		139,124
				698,686	378,362	1,077,048
				Grant fundmg of		Toto
				activities	Support costs	func
				2019	2019	201
				f	6
Support	ofchurches			192,800	385,086	577,886
Other grants				23,559		23,559
Individual		grants		8,286		8,286
				224,645	385,086	609,731

			Total
		Activities	funds
		2020	2020
		6	6
Staff costs		126,809	126,809
Support and	other office costs	43,372	43,372
Travel		5,426	5,426
Festival costs		193,647	193,647
Finance costs		1,193	1,193
IT and computer costs		2,766	2,766
Governance	costs	5,149	5,149
		378,362	378,362
			Total
		Activities	funds
		2019	2019
		6	f
Staff costs		156,433	156,433
Support and	other office costs	157,268	157,268
Travel		43,740	43,740
Festival costs		16,837	16,837
Finance costs		737	737
IT and computer costs		3,160	3,160
Governance	costs	6,911	6,911
		385,086	385,086

11.	Auditor's	remuneration	remuneration
						2020	2019
							5
	Fees payable		to the Company s auditor for the audit ofthe Company's	annual	accounts	2,900

			2020	2019
			6	5
Wages and	salaries
Wages and	salaries		119,199	139,289
Social security costs			1,193	5,269
Contribution	to defined contribution	pension schemes	6,417	11,875
			126,809	156,433

2020	2019
No.	No.

	2020	2019
	6	6
Other creditors	32,004	3,500
Accruals and deferred income	4,000	4,000
	36,004	7,500

										2020	2019
											6
Financial	assets
Financial	assets	measured	at	fair	value	through	income	and	expenditure	679,025	601,597

16.	Statement offunds	Statement offunds
	Statement of funds		-current year
				Balance at 1				Transfers	Balance at 31
				January	2020	Income	Expenditure	In/out	December 2020
					6	8	6	6	6
	Unrestricted funds
	Designated funds
	Designated Funds			228,487		71,999	(150,944)	25,235	174,777
	General funds
	Unrestncted Funds			148,556		212,440	(163,753)	(25,235)	172,008
	Total Unrestricted	funds		377,043		284,439	(314,697)		346,785
	Restricted funds
	Supporl of churches				827	48,194	(45,156)		3,865
	Ukraine fund				13,371	5,400	(12,728)		6,043
	Development fund				74,543	40,000	(30,049)		84,494
	Turkey fund					300	(300)
	Covid-19 fund					666,803	(477,450)		189,353
	Business redevelopment		fund			600			600
					88,741	761,297	(565,683)		284,355
	Restricted funds -	Festival
	Festival			128,313		80,236	(196,668)		11,881
	Total Restricted funds			217,054		841,533	(762,351)		296,236
	Total offunds			594,097		1,125,972	(1,077,048)		643,021

										Restricted	funds	Unrestricted	Tots
							Restricted		funds	-	festival	funds	fund
									2019		2019	2019	201
									6		6	f.
	Current assets							88,741		128,313		384,543	601,597
	Creditors	due	within	one year								(7,500)	(7,500)
	Total							88,741		128,313		377,043	594,097
18.	Reconciliation		ofnet movement		in funds	to net cash	flow from	operating		activities
												2020	2019
													6
												48,924	115,968
	Net income for the period (as per				Statement	of Financial	Activities)
	Adjustments		for:
	Dividends,	interests		and rents from investments								(1,023)	(1,552)
	Decrease	in debtors											4,352
	Increase	in creditors										28,504	570
	Net cash	provided		by operating	activities							76,405	119,338
19.	Analysis	ofcash and cash equivalents
												2020	2019
												6	6
	Cash in hand											679,027	601,597
	Total cash and cash equivalents											679,027	601,597

						At	I	January		At 31
								2020	Cash flows	December 2020
									f
								E
Cash	at	bank	and	in	hand			601,597	77,428	679,025
								601,597	77,428	679,025