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2020-12-31-accounts

Charity No. 1159059

TWICKFOLK

Annual Report for the year ended 31st December 2020

Summary of objects

The study, practice and encouragement of folk music in all its forms in order to foster public knowledge and appreciation of such music by means of public performance or otherwise, including training and education of folk singers and instrument players, male or female, from all age groups and backgrounds.

Trustees serving as at 31st December 2020

Paul Vile, John Hocking, Geraint Evans and Sue Graves

Trustees’ Report – year to 31st December 2020

TwickFolk continues to involve itself with local community activities and initiatives in the London Borough of Richmond upon Thames.

In accordance with our objectives, we offer regular performance opportunities to all members of the community, especially the young (under 25s), who benefit from generous admission discounts.

Due to the restrictions imposed because of the COVID pandemic, the club was closed and unable to operate from mid-March until the end of 2020.

Treasurer’s report for the year ended 31st December 2020

TwickFolk is run on a not-for-profit basis, by volunteers, in the Twickenham area.

Our income in 2020 was greatly reduced by being unable to open for most of the year, while some expenses were ongoing.

At the year end, our expenditure had exceeded our income by £251, so we made a loss. Some expenses for website hosting were outstanding - these will be reflected in the 2021 accounts.

Resources at the year end were £2,876. This is still comfortably above our target reserve of £2,000.

Sue Graves – Treasurer 30[th] November 2021

TWICKFOLK Charity No. 1159059

Receipts and Payments Account for the year ended 31st December 2020

Receipts
Ticket sales
Other sales + donations
Total receipts
Payments
Artist Fees
Expenses
Total payments

(Deficit) for period
2020

£

1,194

34

1,228

1,080

399

1,479

(251)
2019
£
8,549
60
8,609
7,695
1,166
8,861
(252)

Statement of Assets and Liabilities for the year ended 31st December 2020

Funds brought forward
Deficit for period
Funds as at 31/12/20
Represented by:
Building society balance
Cash in hand
Funds as at 31/12/20
£
2,876
(251)
2,625
2,500
125
2,625