## **The Beaminster Festival and The Friends of Beaminster Festival** 

## **Trustees’ Report** 

The trustees present their annual and financial statements for the year ended 31 December 2021. 

The financial statements have been prepared in a simplified fashion due to the reduced  nature of the Festival because of the Covid 19 pandemic and the fact that the income was under £25,000. 

## **Objectives and activities** 

## _Policies and objectives_ 

Its principal objective is to advance the education of the public in the arts in the town and district of Beaminster, Dorset in particular but not exclusively by organising an annual arts festival in Beaminster. 

In setting objectives and planning for activities, the Trustees have give due consideration to general guidance published by the Charities Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2). 

## _Activities to achieve objectives_ 

The twenty sixth Beaminster Festival was severely curtailed due to the pandemic of Covid 19. 

The Trustees were extremely grateful that monies previously donated and carried over to 2021 were available to help finance the Festival. 

The Festival does not use a professional fund raiser or a commercial participator. 

## _Volunteers_ 

The Trustees would like to take this opportunity to pay tribute to the Festival’s dedicated team of volunteers. They have stood by our decisions and the Trustees hope that they will be willing to step forward again once this crisis is over. 



## **Achievements and Performance** 

Due to Covid a reduced programme was implemented; our volunteers, committees and potential audience were all informed of our decisions as widely as possible. 

_Financial Stability_ 

The Trustees are confident that the Beaminster Festival is in a stable position. 



|**Beaminster Festival Income & Expenditure Account**|**Beaminster Festival Income & Expenditure Account**|**Beaminster Festival Income & Expenditure Account**||
|---|---|---|---|
|**EXPENDITURE**|||**Actual**|
|**2020**|||**2021**|
|1,360|Concert Artists(Church,Outside Ev.Talks etc.)||_2,531_|
|1,000|Hire of Premises||_720_|
|0|Hire of Equipment||_1,422_|
|3,125|PRS/Artists-2021||_-_|
|0|Art Exhibition||_-_|
|1,129|Insurance||_378_|
|0|Art sales payments to artists||_-_|
|1,080|Brochure,web site & printing||_420_|
|687|Advertising & Promotion||_274_|
|260|Postage||_-_|
|960|Photocopying,stationery & printing||_433_|
|336|Catering||_100_|
|0|Schools||_-_|
|0|Banners & Displays||_-_|
|1,337|Misc & General Concert Expenses||_333_|
|4,000|Artistic Director||_5,053_|
|125|Party in the Park||_-_|
|308|Depreciation|||
|250|Manor Party||_-_|
|**15,957 **|**Sub Totals**||**_11,664_**|
|400|Office Accomodation||_-_|
|54|Telephone||_115_|
|0|Accountancy Charges||_948_|
|0|Equipment Purchase||_-_|
|0|Bank Charges/Ticket Comm||_431_|
|0|Contingency|||
|291|Subscriptions||_22_|
|**16,702 **|**Totals**||**_13,181_**|
|**INCOME**||||
|0|Ticket Sales||_6,860_|
|0|Comm on Ticket Sales||_-_|
|750|Programme Advertising||_-_|
|0|Art Sales and Direct Comm.||_-_|
|0|Church,Street Collections& Museum Entrance||_-_|
|0|Donations for Refreshments||_-_|
|24,180|Donations & Sponsorship||_14,400_|
|4,000|Donation from Friends||_-_|
|0|Donations/Grants from Public Bodies||_-_|
|1,188|Party in the ParkPark||_-_|
|4,669|Inland Revenue Repayment||_138_|
|158|Investment Income||_18_|
|0|Misc Recipts & Stalls||_-_|
|250|Manor Picnic||_-_|
|0|Schools-Youth Music|||
|**35,195 **|**Totals**||**_21,416_**|
|**18,493**||**Estimated Surplus**|**_8,235_**|
||**Balances at Bank**|**_66,492.43_**|**_66492.43_**|