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|Reference
and Administrative
Details|Reference
and Administrative
Details||
|---|---|---|
|Trustees' Report||2 to 3|
|Statement ofTrustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet||7to8|
|Notes to the Financial|Statements|9to 19|
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**==> picture [402 x 76] intentionally omitted <==**
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|(Including
Inco|me an|d Exp|enditure|Account and
Losses)|Statement
ofTo|tal Recognised|Gains and|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||Unrestricted|Restricted|2023|2022|
||||Note|||||
|Income and Endowments||from:||||||
|Donations
and legacies||||37,585|5,500|43,085|38,869|
|Charitable
activities||||20,403||20,403|8,479|
|Other trading
activities||||118,717|5,200|123,917|133,283|
|Total Income||||176,705|10,700|187,405|180,631|
|Expenditure
on:||||||||
|Raising funds||||(11,428)||(11,428)|(10,797)|
|Charitable
activities||||(143,431)|(8,700)|(152,131)|(177,415)|
|Total Expenditure||||(154,859)|(8,700)|(163,559)|(188,212)|
|Net income/(expenditure)||||21,846|2,000|23,846|(7,581)|
|Net movement
in funds||||21,846|2,000|23,846|(7,581)|
|Reconciliation
offunds||||||||
|Total funds brought|forward|||35,134||35,134|42,715|
|Total funds carried|forward||19|56,980|2,000|58,980|35,134|
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|||Balan|ce Sheet as at 3|1December 2023|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note|||
|Fixed assets|||||||
|Tangible assets||||14||237|
|Current
assets|||||||
|Stocks||||15||1,190|
|Debtors||||16|1,351|1,473|
|Cash at bank|and in hand||||60,012|34,343|
||||||61,363|37,006|
|Creditors: Amounts||falling due within|one year|17|(2,383)|(2,109)|
|Net current|assets||||58,980|34,897|
|Net assets|||||58,980|35,134|
|Funds ofthe|Charity:||||||
|Restricted income funds|||||||
|Restricted
funds|||||2,000||
|Unrestricted|income|funds|||||
|Unrestricted|funds||||56,980|35,134|
|Total funds||||19|58,980|35,134|
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|3|Income||from donations|and legacies|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||||
||||||funds|Restricted|Total|Total|
||||||General|funds|2023|2022|
|Donations||and legacies;|||||||
||Donations||from individuals||26,732|5,500|32,232|26,106|
||Gift aid reclaimed||||10,853||10,853|12,763|
||||||37,585|5,500|43,085|38,869|
|4|Income||from charitable|activities|||||
||||||||Unrestricted||
||||||||funds|Total|
||||||||General|2023|
||Orchestra||tax relief||||20,403|20,403|
||||||||Unrestricted||
||||||||funds|Total|
||||||||General|2022|
||Orchestra||tax relief||||8,479|8,479|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Restricted|Total|
||||General|funds|2023|
|Events income;||||||
|Ticket and|programme|sales|65,213||65,213|
|Fundraising|events||11,989||11,989|
|Sponsorship|income|||5,200|5,200|
|Friends ofSMF|||41,515||41,515|
||||118,717|5,200|123,917|
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||||Unrestricted||
|---|---|---|---|---|
||||funds|Total|
||||General|2022|
|Events income;|||||
|Ticket and|programme|sales|59,848|59,848|
|Fundraising|events||14,335|14,335|
|Sponsorship|income||21,000|21,000|
|Friends ofSMF|||38,100|38,100|
||||133,283|133,283|
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|a) Costs of|trading
activities||||
|---|---|---|---|---|
|||Unrestricted|||
||||Total|Total|
|||General|2023|2022|
|Fundraising|trading costs;||||
|Fundraising||10,238|10,238|10,318|
|Costs ofgoods sold||1,190|1,190|479|
|||11,428|11,428|10,797|
##
|7
Expend|iture|on cha|ritable
activities||||
|---|---|---|---|---|---|---|
|||||Unrestricted|funds|Total|
|||||General|Other|2023|
|Music hire|and|purchase|and PRS|4,355||4,355|
|Musicians||||51,903|3,500|55,403|
|Hospitality|and|catering||7,435|5,200|12,635|
|Box office|charges|||4,791||4,791|
|Venue expenditure||||11,695||11,695|
|Insurance||||1,858||1,858|
|Printing,
postage and stationery||||1,052||1,052|
|Piano hire|and|tuning||4,924||4,924|
|Miscellaneous||expenses||1,973||1,973|
|Accommodation||||1,674||1,674|
|Marketing|and|PR||7,983||7,983|
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|||Unrestricted|Unrestricted|funds|Total|
|---|---|---|---|---|---|
|||General||Other|2023|
|Programme
expenditure||3,740|||3,740|
|Subscription
s|||430||430|
|Festival makers &box|office manager|2,941|||2,941|
|Telephony
&broadband|||720||720|
|Travel &subsistence||2,|193||2,193|
|Small equipment
& software||2,719|||2,719|
|Festival management||24,910|||24,910|
|||137,296||8,700|145,996|
|||||Unrestricted||
|||||funds|Total|
|||||General|2022|
|Music hire and purchase|and PRS|||4,066|4,066|
|Musicians||||67,683|67,683|
|Hospitality
and catering||||17,895|17,895|
|Boxoffice charges||||4,711|4,711|
|Venue expenditure||||17,032|17,032|
|Insurance||||2,502|2,502|
|Printing,
postage and stationery||||2,004|2,004|
|Piano hire and tuning||||5,820|5,820|
|Miscellaneous
expenses||||3,741|3,741|
|Accommodation||||1,325|1,325|
|Marketing
and PR||||7,738|7,738|
|Programme
expenditure||||6,374|6,374|
|Video, audio and photography||||900|900|
|Subscriptions||||365|365|
|Depreciation oftangible|fixed assets|||1,042|1,042|
|Festival makers &box|office manager|||3,136|3,136|
|Telephony
&broadband||||684|684|
|Travel & subsistence||||2,280|2,280|
|Small equipment
& software||||2,291|2,291|
|Festival
management||||19,706|19,706|
|||||171,295|171,295|
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|||||||Unrestricted|Unrestricted||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Total||
|||||||General||2023|2022||
|Independent
examiner|fees||||||||||
|Examination
ofthe financial|||statements||||714|714||690|
|Other fees paid to examiners||||||1,026||1,026||930|
|Trustees remuneration|and|expenses|||||58|58||500|
|Bookkeeping||||||4,|100|4,100|4,000||
|||||||5,898||5,898|6,|120|
|9
Net incoming/outgoing||resources|||||||||
|Net incoming/(outgoing)|resources for the year|||include:|||||||
|||||||||2023|2022||
|Depreciation offixed|assets|||||||(237)|(1,042)||
|10 Trustees
remuneration||and expenses|||||||||
|During the year the Charity||made the following||transactions||with trustees:|||||
|Mr Flynn Le Brocq|||||||||||
|Travel expenditure
of|f58 (2022:f334)was reimbursed||||to|the trustee.|||||
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|Staff costs during|the year were:|2023 K|2022 K|
|---|---|---|---|
|Wages and salaries||35,960|29,512|
|Social security costs||2,174|1,629|
|Pension costs||633|473|
|||38,767|31,614|
|during
the ye|ar e|xpress|ed
as|full ti|me equivalents
was as follows:|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2023|2022||
||||||||No|No||
|Management||||||||||
|Administration||||||||||
|No employee|received||emoluments||ofmore than f60,000 during|the year.||||
|12 Independent||examiner's||remuneration||||||
||||||||2023|2022||
|Examination|ofthe financial|||statements|||714||690|
|Other fees to examiners||||||||||
|All other tax|advisory||services||||624||600|
|All other services|||||||402||330|
||||||||1,026||930|
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|||||Furniture
and||
|---|---|---|---|---|---|
|||||equipment|Total|
|Cost||||||
|At I January 2023||||11,013|11,013|
|At 31 December 2023||||11,013|11,013|
|Depreciation||||||
|At
I January 2023||||10,776|10,776|
|Charge for the year||||237|237|
|At 31 December 2023||||11,013|11,013|
|Net book value||||||
|At 31 December 2023||||||
|At 31 December 2022||||237|237|
|15 Stock||||||
|||||2023|2022|
|Stocks|||||1,190|
|16 Debtors||||||
|||||2023|2022|
|Prepayments||||1,351|1,473|
|17 Creditors:|amounts|falling due within|one year|||
|||||2023|2022|
|Trade creditors|||||238|
|Other creditors||||119|131|
|Accruals||||714|690|
|Deferred
income||||1,550|1,050|
|||||2,383|2,109|
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||Notes|to the Fin|ancial Statements
for the Year E|nded 31December 2023|
|---|---|---|---|---|
|||||2022|
|Deferred|income at|1 January 2023||1,050|
|Resources|deferred|in the period||1,550|
|Amounts|released
from previous||periods|(1,050)|
|Deferred|income at|year end||1,550|
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|19 Funds||||||
|---|---|---|---|---|---|
||||||Balance at 31|
|||Balance at 1|Incoming|Resources|December|
|||January
2023|resources|expended|2023|
|Unrestricted||||||
|General||35,134|176,705|(154,859)|56,980|
|Restricted|||(10,700)|8,700|(2,000)|
|Total funds||35,134|187,405|(163,559)|58,980|
||||||Balance at 31|
|||Balance at 1|Incoming|Resources|December|
|||January
2022|resources|expended|2022|
|Unrestricted|funds|||||
|General||42,715|180,631|(188,212)|35,134|
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||Notes to the Financial Stateme|nts
for the Year Ended 31December 2|023|
|---|---|---|---|
|||Unrestricted|Total funds at|
|||funds|31December|
|||General|2023|
|Current|assets|61,363|61,363|
|Current|liabilities|(2,383)|(2,383)|
|Total net assets||58,980|58,980|
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