2022-03-31-accounts - Wealden Festival Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

From

Period start date

Period end date

1 Apr 2018

31 Mar 2019

Section A Reference and administration details

March 2012

TAR

Charity name

Wealden Festival Foundation

Other names charity is known by

Registered charity number (if any)

1170588

March 2012

TAR

Charity's principal address

Boldshaves

Woodchurch

Ashford, Kent

Postcode

TN26 3RA

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any) TAR 3

March 2012

Michael Ross Buchanan

Caroline Rosemary Jessel

Alex Preston

March 2012

TAR

TAR March 2012

io li 12 13 14 TAR March 2012

15 TAR March 2012

TAR March 2012

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

March 2012

TAR

Name of chief executive or names of senior staff members (Optional information)

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 Constitution dated 18 November 2016 (last amended)

(eg. trust deed, constitution)

How the charity is Charitable Incorporated Organisation constituted

(eg. trust, association, company)

Trustee selection methods Apart from the first charity trustees who are appointed for a term of two years, every trustee must be appointed for a term (eg. appointed by, elected by) of three years by a 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.

March 2012

TAR

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 charity set out in its governing document

2) To promote excellence in literature, poetry and the arts; and
3) For the public benefit, to promote learning for pleasure through 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 Summary of the main communities to thrive through improved access to literature, the activities undertaken for arts and the natural world. the public benefit in relation to these objects The Charity also seeks to work with local primary and secondary (include within this schools through the implementation of outreach programmes. section the statutory declaration that trustees As required by Section 17(5) of the Charities Act and the have had regard to the Charities (Accounts and Reports) Regulations 2008, the Charity guidance issued by the Trustees have complied with their duty to have due regard to the Charity Commission on guidance on public benefit published by the Charity Commission public benefit) in exercising their powers or duties.

Additional details of objectives and activities (Optional information)

March 2012

TAR

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

March 2012

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The results for the year, and the charity's financial position at the end of the period, are shown in the attached financial statements.

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 fourth 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.

March 2012

TAR

Details of any funds materially in deficit

None

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 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 Jessel Alex Preston

March 2012

TAR

Position (eg Chair)

Trustee

Date

March 2012

TAR

Charity name No (if any) Wealden Festival Foundation 1170588 Receipts and payments accounts CC16a For the period 01/04/2021 31/03/2022 To from

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ - - 46,715 - - - - - 46,715 - - - 46,715 - 54,095 - - - - - - 54,095 - - - 54,095 - 7,379 - 3,799 - 3,580	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ - - 46,715 - - - - - 46,715 - - - 46,715 - 54,095 - - - - - - - 54,095 - - - 54,095 - 7,379	Last year to the nearest £
	-				-
Membership/Grants/Donations	-				-
Events income: Charitable Activities	46,715				3,007
	-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	46,715				3,007

A2 Asset and investment sales, (see table).
	-
	-				-
~~*Sub total*~~	-				-
*Total receipts* A3 Payments
					3,007

	-				-
Costs of charitable activities	54,095				6,502
					-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	54,095				6,502

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*
					6,502

	- 7,379	-	-	- 7,379	- 3,494
	-	-	-	-	-
	3,799	-	-	3,799	7,294
	- 3,580	-	-	- 3,580	3,799

CCXX R1 accounts (SS)

21/12/2022

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	Trade debtors Details Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Details Bank account Stock Prepayments Signature Trade creditors Loan: A Willan Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 209 - 1,350 861 - 6,686 - 9,106 - Agreement Error 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) 6,686 - 6,000 - 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
		Michael Buchanan
		Caroline Jessel	23.11.22

CCXX R2 accounts (SS)

21/12/2022

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to th• trust•e m¢mb•rn of Wealden Fest81 FouThJalion On accounts lor the p•rlod •nded 31 March 2022 Charity no 111 any) 1170588 Set out on pages 1102 Ibe ol •OQliaj Sl. I report lo the trustees on my examination of the aOUnts of the abovè charity I'lhe Trugl'l for t yeai ended 3110312022 R•spon•lbllItl and As lh• chanty tru$tee5 of the Trusl. you are responSie for the preparation ba81¥ af f•POrt ol the accounts in accordance wilh the wuiremenls ol the Charili•s Act 2011 I'the Act'i. I report in resFect of my examination of Ihe Trust's occounls carrled out undgr section 145 of the 2011 Act and in carrying out my examination, I have followed Ihtr appli¢oble Direction$ giv•n by the Charity CmiSSion under section 1451511bl of the Ad. I have Mpleted my examination. I confimi that no material matters have me to my attention in ¢onn•dion wrth the examination which gives m8 cause lo telieve that in. any matenal respect". Indeyndent •Xomln•r'8 ststement accountrng r?rdS were not kept in crdance knth section 130 of the Act or th• acrUnts do not accwd wth Ihe aunts.J record8 I have no con¢ems and have corne atross no other matters in connection th the examination lo which attention 8hould drawn in order to enots a prowl understandt ol the accounis to be reached. Slgned: Date: 2211212022 Name.. James Rob"n5 Relevant profesylonal qualificatlonlsl or body Ilf *ny}: ACCA Addr¥. The Old Posl Office, High Street. Hartley Wnlney, Hampshire RG27 8NZ IER Octobgr 2018

Section 8 Disclosure Only complele sf the examiner need5 to highlight matters of conGern (see CC32, Independent examination ol charity accounts. direction5 and guidance for examiners). Glve here br5ef d•talls of any items that th• examin8r wlshe¥ to di¥¢lose. IER October 2018