2021-06-30-accounts

Status, Objectives and Ethos of the Festival	3	—	4
Governance, Structure and Management	5	-	6
Other Reference information
Achievements, Performance and Future Plans	8	-	11
Financial Review	12	—	17
Independent Examiner's report to the Trustees
Financial Statements	19	-	20
Notes to the Accounts	21	-	26

	/Adverse) / Favourable Movements
	Accept/one//terna
	Prevfoud Year
	Refund of2018/19 Venue Hire overpayment				(6469)
	Transactions related to2018/19 First	Aid Training			(f78)
	:- Current year
	Adjustment to prior year stock issues				6194
	Adjustment to RMF Fees pre-2019				(f107)
	Adjustment to 2019/20 RMF Fees				f66	(f394)
	Current YearAdverae /Novementa
,	Not seeking Corporate Sponsorship				(E14,620)
~	Reduction in Donations —Members,	Friends	and Miscellaneous		(f279)
'	Reduction in Suilding Society Interest	Rates			(2245)
	Investment in Equipment				(f687)	(E15831)
	Current Year Favourabfe Movementa
	Net impact ofthe cancellation ofFestival Events				E7,916
	Net impact of Events completed —BYA and		Virtual events		2241
	Fee Refunds declined by Entrants				f.867
	Reduction in Admin and Overheads				f760	K9,784
			Net Adverse	movement		(C0,441)

IteN Movement Music R6,425 Speech 8 Drama f900 Dance (f2,704) Creative Writing (2592) Musical Theatre (6235)		Entry Fees Box Qtrice Takings Specific Sponsorship Merchandising / Catering	Movenlent (614555) (K7,414) (f3,988) (f782) income Lost (f26,749)	Movenlent (614555) (K7,414) (f3,988) (f782) income Lost (f26,749)
Festival Office E1,953 Publications f.1,400 Bursartes E548 Booking System Fees 6427 Festival Wide Support Activities Bath Young Musician (f206) Festive IDisciplines	K4,328 R3,588	Adjudicators Venue Hire Resources Prizes Misc. Running Costs Publications Bursaries Booking System Fees Costa	not R11,760 f13,481 f4,200 f1,335 K1,514 F1,400 f548 6427 incurred	R34,665
NET MOVEMENT	R7,816

Refunds specifically declined Gift Aid thereon Non responders timed out Written back refund cheques	f326 f94 f400 f47 Dance Music Speech & Drama Creative Writing		f492 f345 f24 f6
TOTAL	TOTAL
where, the Festival did in fact manage to run three events during the ye
Actor event went ahead in a very pared down and Covid secure format cific sponsorship. Last year the cost ofthe event was in excess ofth
nd Speech &Drama both ran virtual classes Forvarious reasons, Speech 8 Drama broke even, The details are shown in the table			Music beiow
	2019I20 2020/21	Move
Bath Young Actor Sponsorship Box0%ca	f1,000 f772 f100
Adjudication Venue Hire	(f475) (f318) (f255) (f84)
Prizes	(f400) (f350)
Other costs Net Surplus I(Deficit)	(f77) (f20) (f107) f.0	f107
Music Virtual Events
Entry Fees Adjudicabon Other costs Net Surplus I(Oeficit)	f590 (f398) (fes) f134
Speech 8 Drama Virtual Event Entry Fees Adjudication f240 (f230)
Other costs	(810)
I Net Surplus I(Deficit)	EO
NET MOVEMENT AS REPORTED ABOVE		f241

No delegates attended the cancelled Holding Meetings virtually —reduced Discount on Audit fee due to reduced Reduced need to spend on Health S Other net movements	BIFFannual conference venue hire costs activity Safety	BIFFannual conference venue hire costs activity Safety	BIFFannual conference venue hire costs activity Safety	R881 F112 E77 E106 65
Donation to Mission Theatre Roof appeal Full Year effect ofZoom Licences				(F100) (@120)	(F220)
			NET IliIOVEIIIIKNT AS REPORTEO ABOVE		f761

					YEAR	ENDED 3	0JUNE
				Res(rioted Funds	Unrestricted Funds	Total Funds	keuncled I'unds	I nreslnc(ed I:unds	Io(al I'unds
				ZOZI	zezI	ZIIZI	202o	2OZC	2020
			Xnle		E		F		F.
lncorrnrfg Resrpfrrces
Dona()ons and legacies					2.947	2,947		21 !9s	21,238
lnvestmcnls							58	184	242
Chan(able Activittes						894	27	25.422	2S.449
Other (radlng acllvlucs								1.077	1,077
Total Incoming		Resources			3J)34	3J)41	128	47,878	48,(X)6
Evpenrhrnrc onr
Charitable Actis itics					6,119	6.119	190	43.!78	43.328
Other activ)ties									&44
Total Resources Vsed					6,119	6,'119	190	4'3.722	43.872
Net incoming	i'	(outgoing)	)r)	7	(ZQSSI	(2/78)	(22)	4.1)s	4.I34
Transfer of Funds
(Ical)sod gasns / (losses'
Net Movements		on Funds		7	238S)	(2378	(22)	4.156	4,134
Total Funds brought forss ard				103(6	90,798	101,114	)0.338	86642	s)6980
Total Funds carried forn ard				10323	88$13	98JO6	10,316	90.798	101.114

						Asat30	June
						2021	2020
					rvotr	s	t
FIXED ASSETS
	UIr. Quoted Invcstmcnts
CURRENT	ASSETS
Stocks
	Badges. IVlcdals k		Ribbons			IJII9	1.62:
Debtors
		Accounts Receivable
		Other		Debtors		2.020	836
1nvestnteats
	Building Soci~ Accounts
Cash
	Buildmg Societi Accounts					70,142	70.(IOO
		Bank Accounts				29Jnta	37666
		Fi~ed Rate		Deposit
			On Hand				6g5
Total Cttrrent		Assets				103~5	I I(i,ttI()
CURRENT LIABILITIES
		Accounts		Parable			4.624
		Other	Crcdttors			5,028	.'t.072
Total Current		Liabilities				5.029	9.696
NET CURRENT ASSETS						9$JU6	101 I i4
TOTAL NET		ASSETS				9S+36	litI,I It
REPRESENTED BY:
		Restricted		Funds		l0323	III,316
		Unrestricted		Funds		sa 4jt3	Qt
						9SJO6	101.114

ote 2: Do	nations an	d Leg	acies
			Restricted	Unrestricted		Total	Restricte	Unrestricted		Total
			Funds	Funds		Funds	Funds	Funds		Funds
			2021	2021		2021	2()70	2020		2020
			R	C				E		E
Friends dt Members'	Contributions			1,292		1,292		1,538		1,538
Refunds Declined					$67	867			779	779
Other Donations					16	l6	43		128	171
Sponsors					772	772		18,7CO		18.750
		Total		2	947	2 947	43	21	195	2I 238

ote 3:	income	froln charita	ble activi	ties
			Restricted	Unrestricted	Total	Restricted	Unrestricted		Total
			Funds	Funds	Funds	Funds	Funds		Funds
			2021	2021	7021	2020	2020		2020
					R				E
Competitor	Enuy Fees			830	$30		14,436		14,436
Accompanist	Fees							129	129
Ticket Sales							7,514		7,514
Publications							3	031	3.031
Misc.				13	13			208	208
interest on short term cash		deposits		44	51	27		104	131
		Total		887	894	27	25422		25449

Note 4:	Incolne from other	trading activities	trading activities
		Restricted	1lnrestricted	Total	Restricted	Ilnrestricted		Tnisl
		Funds	Funds	Funds	Funds	Funds		Funds
		2021	2021	2021	2020	2020		2020
		K	K		E
Merchandising							358	358
Catering							719	719
	Total					I	077	I 077

	Charitable Ac	tivities
			Restricted Funds 2021	Unrestricted Funds 2021		Total Funds 2021	Restricted Funds 2020	Unrestricted Funds 2020	Total Funds 2020
			E			E		E
Adjudicators	Fees and Expenses				946	946		12.235	12,235
Hire ot' Venues								13 792	13 792
Resources				1,273		1,273		4,181
Prizes (inc medals)					350	350	150	1,734	1,884
Refreshments	& Hospitality							620	620
Publications					780	780		5,408	5,408
Bursary Scheme								548	548
l.T.Expenditure				1,122		1,122		1,353	l.353
Governance,	Admin k Overhead			1,564		1,564		3,307	3,307
		Total			6,119	6.119	150	43,178	43,328

ote 6: Other	Costs
		Restricted	Unrestricted	Total	Restricted	Unrestricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
		2021	2021	2021	2020	2()20	2020
			E	E	E	E	E
Merchandising						127	127
Catering						417	417
	Total					544	544

10 INanagement Acco	unts: Gener	al I'und S	urplus ana	lysed by	Activity
	Financial	Year	Financial	Year	Financial	Year
Net Income / (Expenditure)	2020-21		2019-20		2018-19
Bath Young Musician
Bath Young Actor	RO		(K107)		(K368)
Creative Writing			K592		R754
Dance	R4$2		R2,704		K2,208
Music	R478		(R6,425)		(R7,033)
Musical Theatre			R23$		(R241)
Speech 8 Drama	R24		(R900)		(R668)
Wc%shops					(f100)
Total for Festival Disciplines		R1,000		(R3,695)		(R5,495)
Festival Level Fundraising	K1,308		R16,207		R17,420
Corporate Pubiications	(R780)		(R2,180)		(R1,461)
Bursary Scheme			(R548)		(K1,165)
Total for Support Activities		R528		R13,479		R14,794
IT8 Data Processing	(R1,228)		(R1,353)		I(R1,335)
Office Costs	(R1,499)		(K3,748)		(R4,455)
Other Overheads	(R1,086)		(R527)		(R505)
Total Net Overheads		(R3,813)		(R6,628)		(R6,286)
Total Surplus Generated		(K2,28$)		R4,156		R3,014

ote 11: Movement in Fun	ds
	M June 2018 f	Resources In Out f f		3DJune 2020	Resources ln Out f		30June 2021
Restricted Funds May King Memorial Award May King Vocal Award Muriel King Vocal Award Public Speaking Award Thelma King Instrumental Award Wayne Jones Memorial Award Total Restricted Funds	57 1,428 1,078 471 6,735 569 10,338	43 11 9 4 56 5 128	(150) 150	100 1,289 1.087 475 6,791 574 10,316			100 1,290 1,087 475 6,796 575 10323
Unrestricted Funds Designated Funds					830	(651)	179
General Fund
Total Unrestricted Funds

expenses reimbursed is show	n in the f	ollowing table:
		2020/21	2019/20
Equipment &Minor Assets		kSS3
Once Expenses (post, stationery	etc)
Other miscellaneous		f20	f40
BiffConference Fees			f650
Catering supplies &refreshments			E552
Adjudicatore' expenses			K235
Health &Safety consumsbles			%139
Total for year		k03t	k2.156