CHELTENHAM FESTIVAL OF PERFORMING ARTS INCOME & EXPENDITURE ACCOUNT YEAR ENDED 30th JUNE 2023
| Notes INCOME Box Office 1 Events Competitorss' Entry Fees Community Grant Donations Friends Gift Aid Grants & Awards Interest on Investments Sponsorship Programme Sales Gift & Other Sales Misc GROSS INCOME Accountancy Adjudicators Expenses Adjudicators Fees Admin Assistant Advertising & Publicity Comptetition Trophies School Transport Assistance Federation of Festivals Hire of Halls 2 Hire of Equipment 3 Insurance Miscellaneous Postage & Telephone Printing of Programmes Secretaries' Honoraria Sheet Music Purchases Stationery & Printing Subscriptions Website B Roberts Award Valerie Walsh Award K Nutland Award Corporation Tax SURPLUS/(DEFICIT) FOR THE YEAR Advertising EXPENDITURE |
2023 £ 800 11,430 17,142 20,000 844 871 671 1,500 1,698 400 55,356 300 6,042 8,787 2,974 398 34,168 964 290 1,336 120 2,400 30 600 100 1,000 59,509 (£4,153) |
2022 £ |
|---|---|---|
| 275 9,917 14,012 20,000 5,425 1,431 513 1,150 1,763 105 394 |
||
| 54,985 | ||
| 300 5,115 7,678 48 3,150 397 36,552 1,021 290 1,444 13 2,347 687 62 600 100 1,000 |
||
| 60,804 | ||
| (£4,153) | (£5,819) |
CHELTENHAM FESTIVAL OF PERFORMING ARTS BALANCE SHEET 30th JUNE 2023
| Notes CURRENT ASSETS Debtors 4 Bank Current Account 5 Bank Deposit/Savings Accounts 6 Investment Accounts 7 CURRENT LIABILITIES Creditors 8 NET ASSETS Represented by: FESTIVAL FUND At 1st July 2022 (Deficit)for the year At 30th June 2023 |
2023 £ 9,205 39,338 0 81,600 130,143 17,096 £113,047 117,200 (4,153) £113,047 |
2022 £ |
|---|---|---|
| 20,430 31,474 3,406 80,930 |
||
| 136,240 | ||
| 19,040 | ||
| £117,200 | ||
| 123,019 | ||
| (5,819) | ||
| £113,047 | £117,200 |
Independent examiner's report to the trustees of Cheltenham Festival of Performing Arts
I report on the accounts of the Trust for the year ended 30th June 2023 which are set out on the pages attached.
Respective responsibilities of Trustees and Examiner
The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts under Section 145 of the 2011 Act
-
To follow the procedures laid down in the general directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act.
-
To state whether matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records maintained by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements:
-
To keep records in accordance with section 130 of the2011 Act and
-
To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met
Matthew A Bennett
Fellow Member of the Association of Accounting Technicians 43 Ryeworth Road, Cheltenham, GL52 6LG 29th December 2022
CHELTENHAM FESTIVAL OF PERFORMING ARTS NOTES TO THE ACCOUNTS YEAR ENDED 30th JUNE 2023
1. Box Office
Box office income is included Gross for the year.Commission and Card Fees are included in Hire of Halls
2. Hire of Halls
Includes full Hire Cost of Town Hall (£32,175) plus Commision on Ticket Sales & Card Fees
3. Hire of Equipment
Hire of Equipment includes Piano Tuning and Dance Floor
| 4. Debtors Includes Town Hall deposit for 2024, £8,880 5. Bank Current Accounts Barclays Current Account Barclays Entries Account Lloyds Current Account Lloyds Entries Account 6. Bank Deposit/Savings Accounts Barclays Business Saver Account Barclays Saver Account-Cup Contingency Barclays Saver Account-Computer Contingency Barclays Saver Account-Workshop Contingency 7. Investment Accounts National Savings Account National Savings Account re Barbara Roberts United Trust Bank Charity 1 year Bond |
2023 £ 27,041 12,297 39,338 0 16,400 13,171 52,029 81,600 |
2022 £ |
|---|---|---|
| 14,055 17,419 |
||
| 31,474 | ||
| 145 730 1,692 839 |
||
| 3,406 | ||
| 16,385 13,158 51,387 |
||
| 81,600 | 80,930 |
8. Creditors
Includes outstanding Town Hall Charges of £16,079, (2022, £18,654).