| Statement otEnanclal acdvides (inctudlng | Income and Expendnunt | account) for the year ended 30November 2023 | account) for the year ended 30November 2023 | account) for the year ended 30November 2023 | account) for the year ended 30November 2023 | account) for the year ended 30November 2023 |
|---|---|---|---|---|---|---|
| Restricted | funds | Unrestridsd | funds | Total funds | Total funds (Note | |
| (Note 2) | 8) | |||||
| Incoming reaoumes | ||||||
| Incoming resources from generadng funds |
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| Voluntary income |
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| Donations snd grants (nots 2) | 2,000 | 91,139 | 93,139 | 106,642 | ||
| Acavlties for ganera6ng tunds |
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| Concerts snd music workshops | 23,834 | |||||
| Intresl etc | ||||||
| Total incoming resources |
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| Resources expended | ||||||
| Costs ofgenerating funds |
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| Charltable Activities | ||||||
| Concerts snd music workshops | 16,398 | 41.666 | ||||
| Other costs (note 3) | 2,000 | 50,21T | 52,217 | 56,884 | ||
| Governance | ||||||
| costa | ||||||
| Total resources expended | ||||||
| Net income tor year | -15,196 | 21.918 | -8.252 | |||
| Reconciliation offunds |
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| Tolsl funds brougM forward | B.BTB | |||||
| Trsnsler between funds | 15,196 | |||||
| Total funds carried forward |
| f.Accounung pogcles |
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|---|---|---|---|---|
| The principal accounting policies are summarised below. The accounting policies have been applied |
consistently throughout |
the | ||
| preceding year. | ||||
| (a) Basis ofaccounting | ||||
| The financial slatemenls have been prepared under the hislorlcal cost convention and in accordance |
with the | Companies | Act 2006 | |
| the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005 and |
the | |||
| Charities SOAP (FRS102). |
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| (b) Fund accounting | ||||
| -unrestricte funds are available Ior use at the discretion of the trustees in furtherance olthe general |
activities ofthe charay. | |||
| - restricted funds are subjected to restndions on their expenditure imposed by the donor. |
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| A large majorsy of reslricted funds isfor the schools and outreach programme and for clarity ot presentation, |
only these funds are | |||
| induded in Ihe restricted funds column otthe Statement of Flnandal Activities See note 2for further |
explanation. | |||
| (c)Incoming resources | ||||
| All incoming resources are included inthe statement offinancial activsies when the charily is entitled |
to, and | viriuagy certain |
to | |
| receive, the income and the amount can be quantsled with reasonable accuracy. The following polwies are applied to particular |
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| categorie of income: | ||||
| - Voluntary income is received by way ofgrants and donations and is included in full in the statement |
ol Financial Amivkies | when | ||
| receivable. | ||||
| - Donated servkws and lacililies are induded al the value lothe charily where this can be quantified. | The value ol services | |||
| provided by volunteers has not been included in these accounts. |
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| - Incoming resources from concerts, music workshops and programme advertising are accounted for |
when earned. | |||
| (d) Resources expended | ||||
| Expendkure Is recognised on an accrual basis asa Iiabilky when incurred. Expenditure Includes any |
VAT which cannot be | fully | ||
| recovered. and Is reported as part of the expenditure to whrch ilrehles. |
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| -Costs of generagng funds comprise costs associated with delivering the Festival and associated workshops. |
These costs | |||
| rnclude those which can be allocated directly, Frlnclpaov musicians, and those Indirect costs necessary to support them. |
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| -Governance costs Include those costs associated with meeting the constkutional and statutory requirements |
ofthe charily. |
| Thsee IACludei | 2023 | 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Restrided | Unrestricted | Total | Total | ||||||
| Amstic Director's fee | 1.500 | 2,000 | 1,440 | ||||||
| Administration | 2,000 | 13.907 | 15,907 | 9,624 | |||||
| Hire of venues | 3,630 | 4,130 | 3,814 | ||||||
| Music hire | 5,000 | 5,000 | 7,155 | ||||||
| Reno and harpsichord | hire | 2.826 | 2,826 | 3,977 | |||||
| Pnndng and publicity |
inc websile | 12,641 | 12,641 | 14.777 | |||||
| FainIAg alki edluAg | 4,550 | 4,550 | 8,089 | ||||||
| Toilet hire | 378 | 378 | 708 | ||||||
| SOUAd 8nd | 3,920 | 3,920 | 4.389 | ||||||
| lighting | |||||||||
| Other inc | |||||||||
| insurance |
==> picture [380 x 63] intentionally omitted <==
| 7.Creditors | 2023 | ||
|---|---|---|---|
| Worldng caplal | advance to be repaid to Chairman | 9,507 | |
| Hire oi equipmenl | 2,538 | ||
| usidans forconcerts | 500 | ||
| Due I0venueS | 900 | ||
| Administration | expenses |
| 8.Analysts of msrlcted and unresulctnd |
8.Analysts of msrlcted and unresulctnd |
8.Analysts of msrlcted and unresulctnd |
Income and expenditure | for 2022 | ||||
|---|---|---|---|---|---|---|---|---|
| Restricted | funds | Unrestricted | funds | Total funds | ||||
| 2022 | 2022 | |||||||
| 2 | 2 | |||||||
| Incoming resources | ||||||||
| Incoming resources from generating | funds | |||||||
| Voluntary income |
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| Donations and grants (note 2) | 3,000 | 103,642 | 106,642 | |||||
| Acuvitles tor generating funds |
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| Concerts and music | workshops | 750 | 22,071 | 22,821 | ||||
| Merchandise | etc | () | ||||||
| Tolal lrtcomlhg resources | ||||||||
| Resources expended | ||||||||
| Costs otgenerating funds |
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| Charitable Actlvlges | ||||||||
| Conoerls and musie | workshops | 10.043 | 64,792 | 80.835 | ||||
| Other coals (note | 4,630 | 52,254 | 56,884 | |||||
| 3) | ||||||||
| Governance | ||||||||
| costs | ||||||||
| Tolal resources expended | ||||||||
| Net Income for year | -16,923 | 8,671 | -8,252 | |||||
| Recondllauon offunds |
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| Total funds brought forward |
0 | 8,876 | 8,876 | |||||
| Transler between funds | 1L923 | 0 | ||||||
| Total funds carried forward |