2024-03-31-accounts - Wealden Festival Foundation

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	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	for theperiod	for theperiod	for theperiod
	From	Period start date			To	Period end date
		1	Apr	2022		31	Mar	2023

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

1 2 3 4 5 6 7 8 9 10 11 12 13 14 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

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

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information)

Type of adviser	Name Address	Name Address




Name of chief executive	or names of senior staff members (Optional information)
Staff members: L Willan, A Willan

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 (eg. trust, association, company)[Charitable Incorporated Organisation] 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:

The trustees have a duty to identify and review the risks to which the
additional information, where Charity is exposed and to ensure appropriate controls are in place to
relevant, about: provide reasonable assurance against fraud and error.
policies and procedures The Trustees have assessed the major risks to which the company is adopted for the induction and exposed, in particular those related to the operations and finances of the training of trustees; company, and are satisfied that systems and procedures are in place to
the charity’s organisational mitigate exposure to the major risks. This year they have, in particular, structure and any wider appointed an independent chair of the Festival Committee to oversee the network with which the charity Charity’s legal and governance operations and to ensure objective works; scrutiny of the Charity’s activities.
relationship with any related All trustees give their time voluntarily and receive no remuneration or other
parties; benefits. Wealden Festival Foundation runs primarily through volunteers
trustees’ consideration of giving their time to the organisation.
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 2) To promote excellence in literature, poetry and the arts; and document 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 communities to thrive through improved access to literature, the arts and the natural world. Summary of the main activities undertaken for the public The Charity also seeks to work with local primary and secondary schools benefit in relation to these through the implementation of outreach programmes. 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 or Commission on public benefit) duties.

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.

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 Festival
Residencies for artists and authors
Work experience for students and young adults during Wealden Festival
A packed programme of events and workshops for adults led by leading writers, poets and artists during Wealden Festival

Section E Financial review

Brief statement of the charity’s policy on reserves

The Charity has completed its sixth 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

The Charity’s expenditure increased significantly during the relevant period largely due to events outside of the Charity’s control. The Charity’s directors have donated funds to support the Charity’s operations.

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 Caroline Rosemary Buchanen Jessel Position (eg Chair) Trustee Trustee Date 31 January 2025

March 2012

TAR

Charity name No (if any) Wealden Festival Foundation 1170588

Receipts and payments accounts For the period 01/04/2023 To from

31/03/2024

CC16a

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ - - 82,053 - - - - - - - - 82,053 - 63,799 - - - - - - 63,799 - - - 63,799 18,254 82,053 -	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £	Total funds to the nearest £ - - 82,053 - - - - - - - - 82,053 - 63,799 - - - - - - - 63,799 - - - 63,799 18,254 82,053 - - 16,329	Last year to the nearest £
	-		- - - - - - - - -		- - 56,414 - - - -
Membership/Grants/Donations	-
Events income: Charitable Activities	82,053
	-
	-
	-
	-
	-
*Sub total*(Gross income for AR)	82,053				56,414

A2 Asset and investment sales, (see table).
	-		- - -		-
	-
~~*Sub total*~~	-				-
*Total receipts* A3 Payments
			-		56,414

	-		- - - - - - - - - -		- 69,162 - - - - - - -
Costs of charitable activities	63,799

	-
	-
	-
	-
	-
	-
*Sub total*	63,799				69,162

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*
			-		69,162

	18,254		- -		- 12,749
	-				- - 3,580
	- 16,329	-	-
	1,925	-	-	1,925	- 16,329

CCXX R1 accounts (SS)

29/01/2025

Section B Statement of assets and liabilities at the end of the period

Details *Total cash funds* (agree balances with receipts and payments account(s)) Details Details Details Details Bank account Trade debtors Stock Prepayments Trade creditors Loan: A Willan	Unrestricted funds to nearest £ 137 - 1,788 -	Restricted funds to nearest £ - - -	Endowment funds to nearest £
		- - -	-

			-
			-
	1,925	-	-
	OK	OK Restricted funds to nearest £ Cost (optional) Cost (optional) Amount due (optional) - - - - - - - - - - - - - - - - - - - - - -	OK
	Unrestricted funds to nearest £ Fund to which asset belongs Fund to which asset belongs Fund to which liability relates - - - - - - - -		Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
Trade creditors		- -
Loan: A Willan

Signed by one or two trustees on behalf of all the trustees

Signature	Print Name Michael Buchanan Caroline Jessel	Date of approval
		31.01.25
		31.01.25

CCXX R2 accounts (SS)

29/01/2025

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Independent Examiner's Report J¥t-.; Section A Report to the trusteesl members of Wealden Festival Foundation On accounts for the period ended Charity no (if any) 1170588 31 March 2024 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3110312022. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act ). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: Independent examiner's ststement accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: 3110112025 Name: James obbins Relevant professional qualification(s) or body (if any): ACCA Address: The Old Post Office, High Street, Hartley Wintney, Hampshire RG27 8NZ IER October 2018

Sectlon B Dlsclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018