## |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|79a| |||||||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| ## ## ## ##