The Beamilr Festival and The FrleBdg of The BeamiDJter Fejtival (&ehtrktsble Inrad Or8'S'th (CIO) with dClArity Commmsitin Dumber 1164346) Annua] Rep1 knd Fin*n¢iAI statements ftyth¢ Y¢4r Eryjed 31 tyecember 2023
The Be#mE•ster Ftstivjl imd The PrY•¢b ofTb¢ Be**Ir Festival Comte•ts 2to4 stst¢mertofFin8ncial A¢tiviti¢s Balance Sheet
The Bemimster F¢slivl •d Tbt Fylejth ofTkt Ftslival Referemce amd Admirnts¢r4tive Drtads Trusttts SylviaBan(lini Pder Brook Philip Crawford (a)airnian} Hugh L]TKtsay (died 18m8r2023) Bri] Rkdl¢y Murrny Rosc Michael Ryan Pr1D¢I trwtet Philip Cmrford (Thairrn&) Ch8lrof Fesllvl Commlttee Chair •f Frl¢4ds Cbrlty regtst¢r¢d 1164346 Prtselpal offi¢¢ 6 Fle4 Sire4t tA)rn¢¢ DT83DR Bankerj HSBC I?EStre Bridp tkTrrset DT6 3JZ HoDordry &)Iltltor Kitson & Trotman The Champions Beamin¢1 Dots¢¢ DTr3AN Independent Emtylxr MT R Hudspith S HuT5t BeaminAer DORSET DT8 3ES
TrW¢es' Rewjrt The fin8Trcial 5t4t¢W have been pryrtyl tn xcordance with Accourittn8 and Reportithg by CharitLes' Stment of Recommended Pr¢¢ appli41t to elt8rrt wepgring thetr attothits tn wcordw with thc Find181 RertIn8 Startd8rd 8ppILc8ble in th¢ UK Rwbli¢ of Ireland issutyj m Ocknbcr 2019 (Charty SORP (FRS J021). the Financ] Repxw St•thrd 4p11ble Untted Kird0 ld Rq)ubhc of Ir¢l•thd IFRS 102). th¢ ChaTiiie5 Aet 201 UK GtncTrlty A¢¢¢ptyJ ACC18 Pr8Ctic¢. Obj¢¢tfveJ aod atlivits Poli¢i4g omd objedi Its pnncipal obJ¢aive is to adv8fte¢ th ¢duc8tson of pubhc in the in the town and disknet of Beamimster. In sett]ng obj£ctiv¢s aThl planning for activiti Tntsrees have gtven due consideNioD to gencrnl guidan¢¢ publislw1 by the Chanty Commission Tel&W ty public betyefi4 includlng the guidance 'Publi¢ knfil". rnnnin8 a charity {PB2y. Aeiivitiu toachIe nbjedi Tht Festry81 Iteld during Jun¢lJyty 21Y23. A fu17 of ev(•ts w&8 hebd with a corrtinu¢d policy of gagIn8 quality artysts. There were thirt¢eft musical events 8nd fow lila8ry talks ID St Mwy's Church. We held a play in th¢ Manor G8Tdens. an ¢xhibitI ollrxal Craft skilly in the Towft Hall and a cMunity event for th¢ %Diots I"Songs and Scones") in the H1. wos a 8T¢¥ deal of educat rLh'vity with tM)th the Prllnary who h1 musicikns visiiing and dem¢)nstraling rnusical rttsrruMts, and the Sen1 Sch1 wlK• held thu"r ¢)wn conc¢n m the church wrth a d¢monJtrntion from a wsrting professional plan In dIti( som¢ lotal sthools have held mini ¢oncuts befort the morning concerts and the students hove been eour89j to stry for the following cmc¢rt¥ knd ask quemon5 to the perfomubg artwt3. There Iws be an the theme of do if yetr. exp18ming ImT E of owmaTvelous artists xtarttd end th¢ rwult&a in their ¢¢. Thlswu Alx) ¢xhrtal & the skilts and tsIe exbibrtD. The Friendsof The £tlMS1Cr F¢Stsl held two independ1 Con dwiti8 theye4rwhi¢h w part of tha"r fund rnising actsviti¢s. The TD]stvA would like to t&k¢ this opportunty to pfiy tributc to th¢ Festival's dedi(d te8rn of volunteers. There A¢hkvemtkts d Perfornilnte TIK programmew& very well by our All the Cts wert well sEppOrt wrth one Selling wrek Th¢ continMI use of mi¢met tiCk¢tlIM8 ha5 vay w¢ce&8fv1 wrth mOT¢pwk ing attrxed fiwi furtheraway and
Beami•ster Festlv•l The Frit]Mts ofTh¢Be•h#¢r F¢stivl Truttej, Report FiniThciol &ttbility The Tntyt¢¢s are coDfidert the BeeTnir&er FasiTval is Tn 8 slabk financial pcsition. MaiTttainin8 & sub5tEnti81 reserve in css¢ of¢ri5i5 kn alway5 be a p)ticy ofthe TTu%ie FA8•neil revle Going cont¢r After m8kin8 opwopne enquirie4 the trwtees have a.reasoTrable eXp¢a0 tht kn.ty hag adequate r¢source to cortinue in opts#(ion81 cxistence for the fores¢&l¢ For this reasw they corfinue thpt the 80in8 cot)¢ern blsrs PTEpgfin8 the fir¢111 st8tcmcnts. Ruerm policy An adequ level of res¢rvts foT the Festiv81 is con$id¢red by the Trustees to be UO.W Thi5 is neede41 to ¢oThtr8¢t 800d qualty arti4& mttt ¢xher e55erti21 costs before th¢ FeAiV81 btyns tcsdh¢r wrth a COThin8ency Al December 31° 2023 ihe lovel of rw¢r¥¢s forth¢ Festml stOLI ot£XXXXX thllt 18 in litit with the desir¢d level. Prlnclp71 rI47nd uneertainli Const$nt with many thher Art attd Music FE5Lr we • de of &1&1%¢$. The bigge51 of these 1$ the unforew? and UTmT(Md8ble cancellatKm of a ftSt1% wh¢Te the ¢osts and (snc¢llth'LM ¢h&rgeJ are incurr&A without any correspondin8 inc(¥n¢. Th75 ha4 now been dernOt IM)th in thisye4r 202Q aThJ subsequently in 2021 when we hod to cwKel the Festival. In addltion. the F&ttrval isd¢pthMknt ontheWth wport of¢Mr¢bJnors and $ponsorn and the dedicated Str¥durs gov•r••m¢e Rd The Beaminster Festival End The Fneuds ofTh¢ Bewninster Festival (The BeAMiNtr F¢5tival) 15 a charrtable incoOrted or8aFITS#tiOlb (CIO) thBt was It¢Ted wrtb the awrty C¢xrffni&8lon on I November ?015. Its rrystered numb¢r 1$ 1164346. MeihodtofappoinimÉni or¢110 ofTrxfieE contribute toward$ ihr ¥hitvement of the Festiv21's0bie£ti. They ITE for a terni ofihm yeaf5 and m8y b¢ re4le¢ted at 8n annu81 me¢ts1.
The Be4m0tr Festh?l #ad Th¢ Frlewdj of The Be•minJter F¢stii"•l Trwgtrts, r¢spDNsibiliti¢s io to the fmAei•l $l•lemt• Thetrtsstees Ire spor01blt forprepnS theTns' Annual Re[18[¢ fill¢1 sWtm¢nts in x¢or48nee with 8pplie2bk Jaw xnd Lnited Kingdom Accourring STandtrts(lJttiied Kin8dthTk Cneralli Accwed AccntIn8 Pra¢ttc¢} lThe lam" applKd>le ts) chantses En EryilaThl & W'ak5 r(4U15 the truecs kn prpjre financial 5tatcmtm% for each rirt#nci sear uhich and fail iiJi' of the ofaffairs of ch2nty aThl ofthe IiKoming r¢wurce8 and application of ttsOur. of ik Chan for rI In preparins these fintheiaj rAtemenik ihe tru5ke4 required l¢ci suithNe Kcwnting polKie$ 8frtl then applTr them consigently. observe the m¢thods principles in the Ch8rilie$ SORP 2019 IFRS 702). mak'e Judgemerts and eIaleS Ére reason prtxlthit 51ate whether applicable accounn8 StaNl8rds have been folloed. subjeci w My matenal de111¢$ di8cloYd afjd explaid ir> the s¢aiements. pryre ihe finaficl ttaremMts wnB COeM ba51s untess h inJrorWe 10 pte5WTt¢ that thc chanty. Mill conlinue In operrtion. The mtstte.8 are Ye¥onble for keepifis K¥(BY rttords reds8bk xcurncy fil any Tbme the financial positt( nf the ch&rit)' and cnahle Ihtsn inensurE th the finffti1ej $NMents compl>. w'ith ihc ChanEies A¢t 2n1 I, the C.IMn"ti¢s IAuounu ar41 RewAtsI 2( the prwistons of ihe t1 d¢d. 'fhcw aTe 41.qo T¢sponslblt for safegwding the rf iht ¢hariiy aThl Ie for lakry ¥(bble slqys for the preven11} and deieclion of fraud aTrJ niher iTregulaiiries Tk. MmL4 of ihe tru5t{K lh2 charTL) 5 I,01S are on pw l. Approved bv order tsfthe members of the Imwd of Tnts*e4. oft I'ff. J:i...I•tMI $18ned tbtlr bewf try. Phil AV Cravrtord Clfw Chatman of thc thustees
InthpeDdent Exauunerfs report th the IetS of The Beamlnstrr Ftsiival and The lendS of The BearnI Feslival Basis of report I have examined the acrounts Presell to rne for the year endthg 31" Decen]ber 2023 usin8 the applioble secuons of the Q>mmityon's Trcollded Check (CC32a). I have been assured thai the trustees havt prcthcal these accounts in aLwrdance wllh the offlcial prOlS rwifred of charitable oryaWsOns such as thi's. Statement Frotn my examinatlon of the comprehen&ve Ytconts aDd explanlOn5 thereof. in my opinion no marIal matters Ih9ve been ithnofied which would leal me to belk'eve that la) Tecords were not kept correaly, Ib) the accouffjs are In accordanct with these records. R. P. Hu¢tspiih S Hurst Beammster Dorset DTh 3ES
2022 Totsl Operatlng acll¥ltles: Fest814¢11eS Frlends aCtMe$ lrtvestmentlncome Total Incom• +16471 46471 519S 163 n4 16 6245 78927 52793 Expondliur••yr. ChaFlt8ble oxpondlture.. FestNal actmlies Fflends athiti8s Management8nd admln1sifa0n T11*XpeIllurn .74100 -741CKI 41500 41500 4239 -797 -6239 48536 -1195 -1195 -797 41797 42297 Net movementlnlunds -1144 -28n -15749 .15743 Totsifvnds brouorttorwanl Totslfundscarrled fopward 50411 12454 6286s 661eo 12448 78808 11310 59995 $0411 12454 62865 17 Ail ofthe chaws acii¥llle5dert¥efromcorrtlnuts4opuatkmdurlr4thealxM two perf¢¥ts. The lund5 breakdovmfor20ZI Isstv•nin nrAe 17. vailali( ol+l-£l kn agyegates aretOr01iW.
The Bejmlnstw Fesll¥al•nd Frlmd$ ot8¢Jrnln#eT Fe5thYg1 8alanE• Sh•e18s31st O•cemborXQ3 2022 Tol•l F¢¥tr4•1 FQnd Fe511val FendI FlxedAss¢ts Tanoble Flx8dAssets 14 CurreritAMets Debtors Cbsh at8ank and In Hand 15 5374 791 10519 8165 55005 61170 1738 53621 $53Sg 12217 12915 65838 68274 Credltors 18 -1174 -1174 .5256 717 NettCuN•nl Au•ts 11310 50103 12454 62557 NettAsietti I10 59396 50411 12454 62865 Fundsolth• charlty Unre5triciert lunds 11310 SW $0411 454 62865 Totalfundi 17 11310 50411 12454 62865 The flnanc al staten7ents weve approved tythe tru#ees.and authofised foilssue on I ! ' .IL¥. . 8nO slgned on theli beh8lf ty.. MrPCrOrd ChaiTrnan ol the Trusiees
Notesto RThanclalStatementsfoTthè Year Ended 31 Decenthi2023 l Generallnlommllon The Beaminstsr FestivalAnOThe Friends OlThe BeamlnsterFestival l The BeamlnsterFeivall is a charltable incoryrated O[ganat10n ICIOlthattrds IEgistedwrth the Chafity Commissioll on 10th Nfftmber2015. reostered number is 1164346. 2 A¢counllTrgpoUcles GolniCoTrcern The twstees conslderthatthereare no matsrfal unCertaIneS aboutthe CIO'S ablutyto ¢onts'nue as a golngconcem. lftcome ond endowmnts Incomlng resources and resoUrcesexpenj on acti¥Stes in lurY)eranceofthe chantys objecti$. reportthe income rel"n8to thefestlvalthat has been fjganlsed Iniheyear. Expendltufe enditure15 ciassffled by a¢tMty Governance eosts These include the costs attrfbutsNeiothe charws cOmnceIth consiiiuilonal and ststutsry requirements Includlngaulrt. Tangible Ilxed assets Tan¥bLefixe(1 assels are stated as hlstoric&co#tsss accumulated depreciaiion. Depre¢l•iion Depre¢iatlon Is charged so asto aUoce thecost ofassets lesstheir lIal¥alUe (Plprthelr estlmated useful li. uslngthe straw Une method. Equlpment 25% per annum Debtofs Shorttefm debtors ale measured attr8raCtltin price. Prepaymentsarevaiued atthe amount prepald. Cash is represented by cash in hand.
The BeamlnsterFesii¥aandTbe Frltnds olTh¢ Beamlnst¢r Fesllval Notesto FIMnclalSlern8ntsforlheYear Ended 31December 2023 Liabliitse5 are recognisefj wfftenthere ts an oirtIon the Balancesheet date as a result ota past event and ale recognised the amountthe charityanti¢ipiates itwiu payto settlethe debt orthe amourt ithas recerod as advanced penlOthe sep4ices it mustpTo¥ide. Fund struethre Generalfunds are ufiresmctedfunds¥thlch arewdlLitJiefortt use atthe dtscretlon oftheTrustees Infvrthefaft¢e 01thegeraI obJ8Ctl¥esofthe charlty. Investment Income Interest income Ss reColSe(l In Income.
The 8eamlnster Fe511¥aland Frfends Ot Beamlnstèr Fesiival Nolesto FlnanctslSY•tMwtsforthe YearEnd4d 31 December2023 Unyestrlcted nds General Total 2023 Totsl 2022 cket sales Cholr Donatlons for wffeshments DOnaon5 & sponsortship Donatlons from pubuc bodles Donatlons from Friends of Beamlnster Festtwdl HM Revenue & Customs tsxrepaymeftt Wine sales MlscÈUaneous receipts 29906 873 24 12497 iooo 565 4000 3231 1506 714 1213 852 106 1506 714 73569 73569 46471 4 Incomeand Endomnentslrom: Frfend$ acll¥ldes Subscrlpilons Event Income Glft aid 4095 1658 476 6229 1349 5195 5195 Other recelpts Interest 163 163 16 5358 6245 S In%*stmenl Income 877 8ri
The Beamlnster Festlvaiand Friends ol BeamineT Festi¥8l Notesto the Flnanclalstatementsfortheyear Ende(131 December 2023 Unreslrfcted Totsl Totsl 2022 6 Charltsble expendilure:Fesll¥#lPLtl¥ftles Gener¥1 Concertartists HIolVeeS Hlre ol equipment PRS Insurance Schooltransport Wlne Stage UgiThng Sponsor5 event Research 26101 5832 26101 5832 780 1007 527 500 537 7735 925 451 18046 970 1007 527 500 537 35 925 451 853 380 6088 1654 1525 OCNJ Artlsc dlrector 15000 k111 ricket commisslon Piano hire. transport &tuning Advertising & promoll.on Brochure & webslte Photocopyln& prlntlng& siatlonery Caterfng Depre¢l8tlon In(Jependeniexamlnatlon Miscellaneous 2158 1717 1660 2528 3138 2457 2528 3138 2457 3020 3076 583 308 308 308 924 924 126 618 61500 74100 74100 7 Ch•riiable wpgndltyre:FTlondsAcll¥ftl Eventcosts Sponsoiship otBeamlnsterFesl Advertlslng& pmmot.on Pianoknning Catering Photocopyi prlnttng& statsonery Miscellaneous 1437 4300 1437 4300 1527 20 20 50 410 127 85 523 62 523 75 75 6502 6239
Ihe Beamlnstef Fesllvaland Frlends of aeamlnster Fesdvai Unrestfkled Dds General Totsl 2022 8 Charllabie expendltyr•: manageme and admlnlstratlon Adminlstratlon and marketlng assIstsre Clfficelbox offlce accomodatfion &seiceS TelephonelcommuniCa"OnS Subscrlptions Bankcharyes 135 536 100 74 100 74 loo 77 797 1195 1195 9 Govefnance costs Independent examlnaoon 924 924 126 126 924 10 Trustees rnmuneratlon and expetts¢s No Irustees. noranypersons connectsd thllhthem. hab* received anyrernuneratlon fiom the ¢harftydunngtheyeaf. Notwstses ts¥e recelbEd anyreimbursed expenseslromthe ¢haFTtyduringtheyear. In accordancewlththec0nstll0ft, Irusiees Indemnltylnsurance has been aryanged. 11 siaff Costs No employee rece emolumentsofmote than £60.1) durlngthe)ear. The artlstlc DlrectorTece6 a paymentot£15.00012022£110001.
Nolestothe FAna•clalStalenntsfortheYear Ended 31 Deeembof 2023 Jlrf 12 Indep¢ndeirt eXIne$ remuner•llM Examlnatlon otthefinancialstatements 924 126 Included in g0vemare costs 13 Taxatlo The chafrty Is a rstsred chafityand Istherelore exemm from tsxatson. 14 TanOlllellx8d assets Equlpment Totsl At l January2023 A(JiJttions Dlsposais At 31 emIr2023 3S38 3538 3538 Deprecl•don At ljanuary 2023 Charge lorthe year Ellmlnatlon on dlsposal At31 December2023 3230 308 3538 Net amount At 31 December2023 At31 De¢embeT 2022 308 15 Debtors Debtors PlepaYn 4774 600 5374 1936 500 2436
cdItorS Dewjslts held in adnrte Accwais 10 1174 1174 1074 5717 17 Funds Balance at Incomlng Resouf¢es Balance at 01.Jan.23 resource5 expended 3111212023 Unrestrfcted funds Festty81 Friends 50411 454 .75295 4502 1797 11310 Balan at Incom5ng Resources 8ai8n¢e at 0110112022 resources expended 3111212022 Unfestrfcted lunU$ Festl¥81 Frlends 661 46548 42297 8245 *239 52793 48536 $0411 62865 18 An8tystsola3¥etsbetrthnlunds lJnresll¢¢•dfvnds Festl¥al Ftd5 yotal FIKed assets CutTent assets CLsrrentllabilits"e5 11310 61170 -1174 -1174 11310 19 Flnanclalln5tunnents FInalaLasSels thatare lebts MistDJmentsmea5uredat alTh)rt cost FinanCialllakn'lit ff3red atamorti5edcost 55005 1174 65838 5717