Company registration number: 04819935 Charity registration number: 1174236 Bollington Festival (A company limited by guarantee) Annual Report and Unaudited Financial Statements for the Year Ended 30 September 2024 Bright Partnership Limited Suite 1 Armcon Business Park London Road South Poynton Cheshire SK12 1LQ
Bollington Festival Contents Trustees, Report 1 to2 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 6t08
Bollington Festival Trustees. Report The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 September 2024.The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Structure, govemance and management Governing document The charity is controlled by its governing document. the artides of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Reference and Administrative Details Charity Registration Number: 1174236 Company Registration Number: 04819935 The charity is incorporated in England and Wales. Registered Office: Suite 1 Am)con Business Park London Road South Poynton Cheshire SK12 1LQ Independent Examiner: Bright Partnership Limited Michael Senior FCA Suite 1 Amcon Business Park London Road South Poynton Cheshire SK12 1LQ Trustees and officers The trustees and officers serving during the year and since the year end were as follows: Trustees: Mr M S Butcher (resigned 30 November 2023) Ms R C Roth-Biester DrRGay Dr V N Marten Mr C Bennett Page 1
Bollington Festival Trustees. Report The annual report was approved by the trustees of the charity on 13 June 2025 and signed on its behalf by: Mr C Bennett Trustee Page 2
Bollington Festival Independent Examinerfs Report to the trustees of Bollington Festival ('the Company.) Independent examinerfs report to the trustees of Bollington Festival {Yhe Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5){b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of Bollington Festival as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records" or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordan with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Michael Senior FCA Bright Partnership Limited Suite 1 Armcon Business Park London Road South Poynton Cheshire SK12 1LQ 13 June 2025 Page 3
Bollington Festival Statement of Financial Activities for the Year Ended 30 September 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Total 2023 Note Income and Endowments from: Donations and legacies Other trading activities 6,547 58,665 11,098 2,416 Total income 65,212 13,514 Expenditure on: Raising funds Charitable activities {935) {527) (65,158) Total expenditure (65,158) (1.462) Net income 12.052 Net movement in funds 12.052 Reconciliation of funds Total funds brought forward 75,776 63,724 Total funds carried forward 75,830 75,776 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 6. The notes on pages 6 to 8 fomi an integral part of these financial statements. Page 4
Bollington Festival (Registration number: 04819935) Balance Sheet as at 30 September 2024 2024 2023 Note Current assets Cash at bank and in hand 76,256 76,178 Creditors: Amounts falling due within one year (426) 75,830 (402) 75,776 Net assets Funds of the charity: Unrestricted income funds Unrestricted funds 75,830 75,776 Total funds 75,830 75,776 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006. The Trustee acknowledge their responsibilities for: ensuring that the charitsble company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance wth the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial ststements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements on pages 4 to 8 were approved by the trustees. and authorised for issue on 13 June 2025 and signed on their behalf by- Mr C Bennett Trustee The notes on pages 6 to 8 fomi an integral part of these financial statements. Page 5
Bollington Festival Notes to the Financial Statements for the Year Ended 30 September 2024 1 Statutory inforniation Bollington Festival is a private company, limited by guarantee, registered in England and Wales, registration no. 04819935, and a registered charity. no. 1174236. 2 Accounting policies Basis of preparation The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised On the charity has entiement to the income, it is probable that the income will be received and the amount of the income re1vable can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of reSoUrs. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitsble objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 6
Bollington Festival Notes to the Financial Statements for the Year Ended 30 September 2024 3 Other trading activities Total funds Total 2023 Fundraising Event Festival Income 2,455 56,210 2.416 58,665 2,416 4 Trustees remuneration and expenses There were no trustees, remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023. Trustee's Expenses There were no trustees. expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023. 5 Creditors: amounts falling due within one year 2024 2023 Accruals 426 402 6 Funds Balance at 30 September 2024 Balance at 1 October 2023 Incoming resources Resources expended Unrestricted funds General 75,776 65,212 65,158 75,830 Balance at 30 September 2023 Balance at 1 October 2022 Incoming resources Resources expended Unrestricted funds General 63.724 13.514 (1,462) 75,776 Page 7
Bollington Festival Notes to the Financial Statements for the Year Ended 30 September 2024 7 Related party disclosures There were no related party transactions for the year ended 30 September 2024. 8 Company limited by guarantee The company is limited by guarantee and as such does not have any share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up. such an amount as may be required not exceeding £10. Page 8
Bollington Festival Detailed Statement of Financial Activities for the Year Ended 30 September 2024 Total 2024 Total 2023 Donations and legacies Donations general Grants general 6,547 10,098 1,000 6.547 11.098 Other trading activities Festival Income General Fundraising events general 56,210 2,455 2,416 58,665 2,416 Raising funds Fundraising costs Donation general (635) (300) (935) Charitable activities Festival Costs general Accountancy and legal fees General (64,732) (426) (65,158) {125) {402) {527) This page does not fomi part of the statutory financial statements. Page 9