**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).