## **Trustees' Annual Report for the period**
Period start date Period end date **1 Apr 2018 31 Mar 2019 From To**
## Section A Reference and administration details
**Charity name** Wealden Festival Foundation **Other names charity is known by Registered charity number (if any)** 1170588 **Charity's principal address** Boldshaves Woodchurch Ashford, Kent **Postcode** TN26 3RA
## **Names of the charity trustees who manage the charity**
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8
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15|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Michael Ross
Buchanan||||
||Caroline Rosemary
Jessel||||
||Alex Preston||||
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**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
**TAR**
March **2012**
1
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
||||
||||
||||
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|**Name of chief executive or names of senior staff members (Optional information)**|||
|Staff members: L Willan, A Willan, P Massey, D Massey|||
Staff members: L Willan, A Willan, P Massey, D Massey
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document (eg. trust deed, constitution)[Constitution dated 18 November 2016 (last amended) ]
How the charity is constituted[Charitable Incorporated Organisation ]
- (eg. trust, association, company)
Apart from the first charity trustees who are appointed for a term of two Trustee selection methods years, every trustee must be appointed for a term of three years by a (eg. appointed by, elected by) resolution passed at a properly convened meeting of the charity trustees. The only voting members are the charity trustees.
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
All trustees give their time voluntarily and receive no remuneration or other benefits. Wealden Festival Foundation runs primarily through volunteers giving their time to the organisation.
- trustees’ consideration of major risks and the system and procedures to manage them.
**TAR**
March **2012**
2
## **Section C Objectives and activities**
The Charity’s Objectives are as follows:
1) To advance the education of the public in the subject of literature, the arts and the environment; **Summary of the objects of the** 2) To promote excellence in literature, poetry and the arts; and **charity set out in its** 3) For the public benefit, to promote learning for pleasure through **governing document** the continued development of individuals’ capabilities, competencies, skills and understanding in subjects of educational value.
The Charity operates an annual festival of literature, the arts and the outdoors (Wealden Literary Festival) which aims to further the Charity’s objectives by helping individuals and communities to thrive through improved access to literature, the arts and the natural world. **Summary of the main activities undertaken for the** The Charity also seeks to work with local primary and secondary schools **public benefit in relation to** through the implementation of outreach programmes. **these objects (include within this section the statutory** As required by Section 17(5) of the Charities Act and the Charities **declaration that trustees have** (Accounts and Reports) Regulations 2008, the Charity Trustees have **had regard to the guidance** complied with their duty to have due regard to the guidance on public **issued by the Charity** benefit published by the Charity Commission in exercising their powers **Commission on public** or duties. **benefit)**
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## Section D Achievements and performance
**TAR**
March **2012**
3
## Section D Achievements and performance
**Summary of the main** The results for the year, and the charity's financial position at the end of **achievements of the charity** the period, are shown in the attached financial statements. **during the year** During the year the charity supported educational projects within the Charity’s objectives. In particular: • A packed programme of outdoor events and creative workshops for children during Wealden Literary Festival • Residencies for artists and authors • Work experience for students and young adults during Wealden Literary Festival • A packed programme of events and workshops for adults led by leading writers, poets and artists during Wealden Literary Festival
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
The Charity has completed its second financial year. The Trustees recognise the importance of maintaining a realistic level of unrestricted reserves in future to ensure that adequate funds are available to enable the charity to continue in its activities in the event of a drop in funding or any significant event. The Charity aims to achieve reserves equivalent to 6 months’ expenditure.
**Details of any funds materially in deficit**
None
**TAR**
March **2012**
4
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Michael Ross Buchanen Caroline Rosemary Alex Preston Jessel **Position (eg Chair)** Trustee Trustee Trustee **Date**
**TAR**
March **2012**
5
**Charity name No (if any) Wealden Festival Foundation 1170588 Receipts and payments accounts CC16a For the period** 01/04/2020 31/03/2021 **To from**
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**-**
**-**
**3,007**
**-**
**-**
**-**
**-**
**-**
**3,007**
**-**
**-**
**-**
**3,007**
**-**
**6,502**
**-**
**-**
**-**
**-**
**-**
**-**
**6,502**
**-**
**-**
**-**
**6,502**
**- 3,494**
**-**
**7,294**
**3,799**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**-**
**-**
**3,007**
**-**
**-**
**-**
**-**
**-**
**3,007**
**-**
**-**
**-**
**3,007**
**-**
**6,502**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**6,502**
**-**
**-**
**-**
**6,502**
**- 3,494**|**Total funds**
**to the nearest £**
**-**
**-**
**3,007**
**-**
**-**
**-**
**-**
**-**
**3,007**
**-**
**-**
**-**
**3,007**
**-**
**6,502**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**6,502**
**-**
**-**
**-**
**6,502**
**- 3,494**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
||**-**|||||**-**|
|Membership/Grants/Donations|**-**|||||**19,500**|
|Events income: Charitable Activities|**3,007**|||||**24,229**|
||**-**||||||
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**3,007**|||||**43,729**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**||||||
||**-**
|||||**-**|
|~~**_Sub total_**~~|**-**|||||**-**|
|**_Total receipts_ **
**A3 Payments**|||||||
|||||||**43,729**|
||||||||
||**-**|||||**-**|
|Costs of charitable activities|**6,502**|||||**36,078**|
|||||||**10,000**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**6,502**|||||**46,078**|
||||||||
|**A4 Asset and investment**
**purchases, (see table)**|||||||
||**-**||||||
||**-**||||||
|**_Sub total_ **|**-**|||||**-**|
|**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||
|||||||**46,078**|
||||||||
||**- 3,494**|**-**|**-**|
**- 3,494**||**- 2,349**|
||**-**|**-**|**-**|**-**||**-**|
||**7,294**|**-**|**-**|**7,294**||**9,643**|
||**3,799**|**-**|**-**|**3,799**||**7,294**|
CCXX R1 accounts (SS)
31/01/2022
1
|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||
|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**
CCXX R2 accounts (SS)|Trade debtors
**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Bank account
Stock
**Details**
Signature
2|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**3,799**
**-**
**-**
**-**
**-**
**3,799**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Michael Buchanan
Caroline Jessel|**Endowment**
**funds**
**to nearest £**|
||||**-**|
|||||
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||||
|||||
||||31/01/2022|
CCXX R2 accounts (SS)