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||||||Page|
|---|---|---|---|---|---|
|Reference and administrative|||details ofthe charity, its trustees|and advisers||
|Trustees'<br>report|||||2-4|
|Independent|auditors'|report|||5-7|
|Consolidated|statement|offinancial activities||||
|Consolidated|balance sheet|||||
|Charity balance sheet|||||10|
|Consolidated|statement|ofcash flows||||
|Notes to the|financial statements||||12-25|





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|||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||||As Restated|
|||||||2020|2020|2019|
||||||Note||||
|Income from:|||||||||
|Charitable<br>activities:|||||||||
|Ticket sales||||||79,105|79,105|1,648,062|
|Sponsorship<br>fees||||||8,750|8,750|275,300|
|Donations<br>and membership|||fees|||353,732|353,732|329,585|
|Concessions||||||11,014|11,014|26,788|
|Other trading<br>activities||||||||240,147|
|Investments||||||220|220|575|
|Total income||||||452,821|452,821|2,520,457|
|Expenditure<br>on:|||||||||
|Charitable<br>activities:|||||||||
|Artist costs||||||||622,111|
|Event costs||||||37,916|37,916|1,158,187|
|Sponsor and fundraising||support costs||||1,050|1,050|39,937|
|Marketing<br>costs||||||52,986|52,986|104,784|
|Donations<br>payable||||||||20,469|
|Other direct costs||||||65,018|65,018|97,056|
|Support costs||||||430,088|430,088|465,908|
|Total expenditure||||||587,058|587,058|2,508,452|
|Net expenditure<br>before taxation||||||(134,237)|(134,237)|12,005|
|Taxation||||||6,385|6,385|(24,948)|
|Net expenditure<br>before other recognised||||gains and|||||
|losses||||||(127,852)|(127,852)|(12,943)|
|Net movement<br>in funds||||||(127,852)|(127,852)|(12,943)|
|Reconciliation<br>offunds:|||||||||
|Total funds brought|forward|||||230,864|230,864|243,807|
|Total funds carried|forward|||||103,012|103,012|230,864|









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||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Note|||||
|Fixed assets||||||||
|Tangible assets|||11||8,587||5,865|
|Investments|||12||10||10|
||||||8,597||5,875|
|Current assets||||||||
|Debtors: amounts|falling due after more than|||||||
|one year|||14|915,380||915,380||
|Debtors: amounts|falling due within one year||14|1,293,660||337,903||
|Cash at bank and|in|hand||290,158||8,156||
|||||2,499,198||1,261,439||
|Creditors: amounts||falling due within one||||||
|year|||15|(1,520,649)||(167,043)||
|Net current assets|||||978,549||1,094,396|
|Net assets|||||987,146||1,100,271|
|Charity Funds||||||||
|Unrestricted<br>funds|||||987,146||1,100,271|
|Total funds|||||987,146||1,100,271|






## 

|||||Note|2020f|2019|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash|provided<br>by/(used|in) operating|activities|19|1,030,283|(174,107)|
|Cash flows from investing||activities:|||||
|Dividends,|interest and rents from investments||||158|575|
|Purchase|oftangible<br>fixed assets||||(5,805)|(1,517)|
|Net cash|used in investing|activities|||(5,647)|(942)|
|Change<br>in cash and cash||equivalents|in the year||1,024,636|(175,049)|
|Cash and|cash equivalents|brought<br>forward|||9,433|184,482|
|Cash and|cash equivalents|carried forward||20|1,034,069|9,433|





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|3.|Income|from|trading<br>a|cti|vities||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total|Total|
|||||||funds|funds|funds|
|||||||2020|2020|2019|
||Catering|and|other trading||income|||240,147|
|||||||||240,147|
||Net income from trading|||activities||||240,147|
|4.|Investment||income||||||
|||||||Unrestricted|Total|Total|
|||||||funds|funds|funds|
|||||||2020|2020|2019|
|||||||R|||
||Bank interest|||||220|220|575|
||Total2019|||||575|575||





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|5.|Direct costs||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
|||||||Charity|2020<br>R|2019f|
||Artistic costs|||||||622,111|
||Event costs|||||37,916|37,916|1,158,187|
||Sponsor and|fundralsing|support costs|||1,050|1,050|39,934|
||Marketing<br>costs|||||52,986|52,986|104,784|
||Donations|||||||20,469|
||Reusable glassware|||||8,068|8,068|26,367|
||Freelance staff|||||66,501|66,501|70,692|
|||||||166,521|166,521|2,042,544|
||Total 2019||||2,042,544||2,042,544||
|6.|Support costs||||||||
||||||||Total|Total|
||||||Activities||2020|2019|
||||||||R||
||Office costs|||||87,272|87,272|109,480|
||Professional|costs||||34,013|34,013|34,404|
||Wages and salaries|||||249,211|249,211|271,447|
||National<br>insurance|||||24,992|24,992|24,646|
||Pension cost|||||21,966|21,966|23,645|
||Depreciation|||||3,083|3,083|2,286|
|||||||420,537|420,537|465,908|
||Total 2019|||||465,908|465,908||
|7.|Analysis ofExpenditure||by expenditure|type|||||
||||Staffcosts|Depreciation|Other|costs|Total|Total|
|||||||||As Restated|
||||2020f|2020<br>E||2020|2020|2019|
||Charity||296,169|3,083|287,806||587,058|2,508,452|
||Total 2019||319,738|2,286|2,186,428||2,508,452||





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|Staff costs<br>Staff costs were as follows:|||
|---|---|---|
||2020|2019|
|Wages and salaries|249,211|271,447|
|Social security costs|24,992|24,646|
|Other pension costs|21,966|23,645|
||296,169|319,738|
|The average<br>number ofpersons employed|by the group during the year was as follows:||
||2020|2019|
||No.|No.|
||7|9|



## 

|Tangible fixed assets||
|---|---|
||Plant and|
||machinery|
|Group||
|Cost||
|At 1 November 2019|10,607|
|Additions|5,805|
|At 31 October 2020|16,412|
|Depreciation||
|At 1 November 2019|4,742|
|Charge for the year|3,083|
|At 31 October 2020|7,825|
|Net book value||
|At 31 October 2020|8,587|
|At 31October 2019|5,865|





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|||||Plant and|
|---|---|---|---|---|
|||||machinery|
||Charity|||F|
||Cost||||
||At 1 November 2019|||10,607|
||Additions|||5,805|
||At 31October 2020|||16,412|
||Depreciation||||
||At 1 November 2019|||4,742|
||Charge for the year|||3,083|
||At 31 October 2020|||7,825|
||Net book value||||
||At 31 October 2020|||8,587|
||At 31October 2019|||5,865|
|12.|Fixed asset investments||||
|||||Shares in|
|||||group|
|||||undertakings|
||Charity||||
||At 1 November 2019|and 31 October 2020||10|
||Charity investments|comprise:|||
||||2020|2019|
||||F||
||Investments<br>in subsidiaries||10|10|





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|13.|Stocks|||||||
|---|---|---|---|---|---|---|---|
||||||Grou||Chari|
|||||2020|2019|2020|2019|
||Finished|goods and goods for resale||8,067|16,'/35|||
|14.|Debtors|||||||
||||||Grou||Chari|
|||||2020<br>F.|2019f|2020f|2019|
||Due after more than one year|||||||
||Amounts|owed by group undertakings||||915,380|915,380|
||||||Grou||Chari|
|||||2020f|2019|2020|2019|
||Due within one year|||||||
||Trade debtors|||142,270|292,982|13,252|9,420|
||Amounts|owed by group undertakings||||89?,702|273,884|
||Other debtors|||72,143|34,685|54,677|34,685|
||Prepayments||and accrued income|338,029|74,523|328,029|19,914|
||Deferred|tax asset (see note 16)||26,554|20,169|||
|||||578,996|422,359|1,293,660|337,903|



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|||||Grou||Chari|
|---|---|---|---|---|---|---|
||||2020<br>R|2019|2020f|2019|
|Trade creditors|||240,645|74,467|240,545|69,397|
|Other taxation|and social security||230,605|4,656|230,605|4,645|
|Other creditors|||8,057|52,570|8,057|4,766|
|Accruals and deferred||income|1,047,400|91,235|1,041,442|88,235|
||||1,526,707|222,928|1,520,649|/67,043|





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|||||Grou||Chari|
|---|---|---|---|---|---|---|
||||2020|2019|2020|2019|
||||||R||
|At beginning|ofyear/period||20,169|45,117|||
|Released during/(charge||for) the year|||||
|(P&L)|||6,385|(24,948)|||
|At end ofyear/penod|||26,554|20,169|||



||||||Grou||Chari|
|---|---|---|---|---|---|---|---|
|||||2020|2019|2020f|2019|
|Tax|losses|carried|forward|26,554|20, '/69|||





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|Statemen|t<br>of|funds - current year|||||
|---|---|---|---|---|---|---|
||||Balance at|||Balance at|
||||1 November|||31 October|
||||2019|Income|Expenditure|2020|
|Unrestricted||funds|||||
|General|Funds||230,864|452,821|(580,673)|103,012|
|Statement of||funds - prior year|||||
||||Balance at|||Balance at|
||||1November|||31October|
||||2018|Income|Expenditure|2019|
|General|Funds||243,807|2,520,457|(2,533,400)|230,864|
|Total offunds|||243,807|2,520,457|(2,533,400)|230,864|
|Summary|offunds - current year||||||
||||Balance at|||Balance at|
||||1 November|||31 October|
||||2019|Income|Expenditure|2020|
|||||K|||
|General funds|||230,864|452,821|(580,673)|103,012|
|Summary|offunds - prior year||||||
||||Balance at|||Balance at|
||||1November|||31 October|
||||2018|Income|Expenditure|2019|
|General funds|||243,807|2,520,457|(2,533,400)|230,864|





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|Analysis|of net assets between funds - current year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2020|2020|
|Tangible|fixed assets|8,587|8,587|
|Current assets||1,594,578|1,594,578|
|Creditors|due within one year|(1,526,707)|(1,526,707)|
|Provisions|for liabilities and charges|26,554|26,554|
|||103,012|103,012|



|Analysis|of net assets|between<br>funds - prior year|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||As Restated|As Restated|
||||2019|2019|
|Tangible|fixed assets||5,865|5,865|
|Current assets|||427,758|427,758|
|Creditors|due within one year||(222,928)|(222,928)|
|Provisions|for liabilities|and charges|20,169|20,169|
||||230,864|230,864|



## 

|||||||Grou|
|---|---|---|---|---|---|---|
||||||2020|2019f|
|Net expenditure<br>for|the year (as per Statement|||of Financial Activities)|(127,852)|(12,943)|
|Adjustment<br>for:|||||||
|Depreciation<br>charges|||||3,083|2,286|
|Dividends,<br>interest|and rents from investments||||(158)|(575)|
|Decrease/(increase)|in stocks||||8,068|(16,135)|
|Increase<br>in debtors|||||(150,252)|(133,454)|
|Increase/(decrease)|in creditors||||1,303,779|(38,234)|
|Taxation|||||(6,385)|24,948|
|Net cash provided|by/(used|in) operating|activities||1,030,283|(174,107)|





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