RYE ARTS FESTIVAL CIO
Reilstered charlty no. 1175309
Trustees, Report and Financlal Statements
For the year ended 31 December 2024
CHATSWOOD AssoaATES
Ablngworth
New England Lane
Rye, East Sussex TN317NT

RYE ARTS FESTIVAL CIO
Trustees, Report and Financial Statements
For the year ended 31 December 2024
Contents
Page
Charity information
Trustee5' Report
Independent Examiner'5 Report
Statement of Financial Actlvities
Balance Sheet
Notes to the Financial Statements
8-12

RYE ARTS FESTIVAL CIO
Trustees, Report and Flnancial Statements
For the year ended 31 December 2024
Charlty Infomiati
Trustees:
Andrew Stuart
David Angell
Arabella Ansar
Michael Boyd
Reglstered Charlty Number: 1175309
Re81stered address;
Abin8WOrth
New En8land Lane
Rye, Easi Sussex TN317NT
Accountants:
Chatswood Associates
Abingworth
New England Lane
Rye, East Su55ex TN317NT
Maln Bankers..
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malllng
Kent ME19 4JQ

RYE ARTS FESTIVAL CIO
Trustees, report for the year ended 31 December 2024
The Trustee5 present their report with the financial statements for the Charity for the above period.
The financial statements of the charity which 15 a Charitable Incorporated Organisation ICIOI have been
prepared in accordance with the Charities SORP IFRS1021 "Accounting and Reporting by Charities..
Statements of Recommended Practice" applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011.
The financial statements have been prepared under the historical cost convention.
08JEcfs AND AcnvmES
The objects of the charitable incorporated organisation are to a(fvance education for the public benefit by
promoting and providing Opportunities for the appreciation, understanding and enjoyment of the arts and in
particular music, opera, dance, film, literature and the visual arts. throu8h an annual arts festival in and
around Rye, and other activities from time to time.
STRucfuRE GOVERNANCE ANO MANAGEMENT
Governin8 Document
Rye Arts Festival CIO. formedy Rye Arts Festival, was constituted by the Constitution dated 16 October 2017.
The CIO took over from the Rye Arts Festival charity no 270474 on l January 2018.
Appolntm¢nt of Trustees
The maximum number of Trustee5 is eight. Trustees serve for a three-year period retiring by rotation and
are declded by the members at Annual Genernl Meeting. Vacancles between AGMS may be filled by the
existing Trustees.
Trustee Inductlon and tralnlng
New Trustees are provided with information on structure, business plans and recent financial performance
of the CIO and are encouraged to consult with the Officers to facilitate the understanding of their role.
Or8anlsatlon
The Board of Trustee5 is responsible for the mana8ement of the CIO. It regularly considers the operatlonal
risks that the Charity faces and is satisfied that it has adeqvate system5 in place to minimise their impact.
The Board has appointed. on an annual ba515. a Festival Organising Committee and monitors its compliance
with standing orders and terms of reference.
Health & Safety
In 2017 the Tru>tec> est•blished a H••lth and S*fèty subcomrnitt•• to advi%• on policy and implèmentation.
All appropriate personnel undergo first aid trainin8, and our Stage Manager has under8one 5pecialSst
Safeguarding training. All venues used in the Festival are risk a55essed. The subcommittee regularly review
the insurance policy to ensure adequate cover.
ACHIEVEMENTS AND PERFORMANCE
The 2024 Rye Arts Festival, in our view, was a succe55 on many levels.
Firstly, the Festival has reported a reasonable surplu5 for 2024 which, wlth the previous yearfs result, has
helped rebuild the Festival's finances to a sustainable level. Our reseThes are very nearly at the same amount
as one yearfs Festival costs- a level that the Trustees believe is prudential and would help us survive a repeat
of such recent shocks as the death of the monarch on the eve of a Festival and cancellation due to
pandemic.
The Trustees acknowledge what an excellent job the organising committee had done in recent years to
reduce costs. whilst continuing to deliver a broad range of events with uncompromi5ed high standards. Ticket
sales across the Festival stood up well as we once again brought international and local artistes to our
audience.

RYE ARTS FESTIVAL CIO
Trustees report Icontinued)
ACHIEVEMENTS AND PERFORMANCE Icontinuedl
Lookin8 at the dlfferent categories that make up the Festival. classical music remains at its heart. The
organisers were pleased to welcome back the Piatti Quartet. on the 10th anniversary of their initial
appearance in Rye as the Quartet in Residence in 2014. They gave two concerts - one in St Marfs Church.
Rye and the next night in St Thoma5. Winchelsea, the second of which was in memory ol former Rye Arts
Festival classical music director Peter Brice who had firsi brought them to Rye.
We were also thrilled to welcome back, by popular demand, the young Liihuanian pianist Gabriele Sutkute.
Her musicality, emotion and choice of programme in 2023 left the lucky audience members demanding that
we should bring her back, and soon. Around three times as many came to witness her 2024 concertl There
was also short concert and a Q&A with Teddy Otieno. a young Kenyan pianist who had appeared on the TV
Programme The Piano. Cri5pian Steele-Perkins. a venerable British classical trumpet player of global
reputation. gave a memorable concert at St Marf5. And Michael 8oyd entertained wlth a pianola concert
featurlng Gershwin's Rhapsody in Blue and other jazz stondards.
The Traditional and Contemporary team's programme Served up recently reformed Le Rue, 8ritain'5 finest
players of Zydeco and Cajun music; the British 8Uitarist Steve Tilston,. middle American troubadour Ben
Bedford,. Struggle Bu88y, from Sunderland, played down good-time blues from pre-war Chicago,. and An
Dannsa Dub, who combined traditional Scottish music dub re88ae fusion got the Rye Community Centre on
Its feel and skanklng.
Books and talks were wide ranging. with a highlight being best5elling Robert Harris whose latest novel
Precipice launched at the end of August. He also trailed Conclave- the multi-award-winnin8 film based on
one of his novels. And Robert's wife Gill Hornby tslked about her historical novels, Wlth the audience gettin8
the added of bonus of Robert doin8 the interview - a lovely family affairl The recent ITV miniseries Miss
Austen was based on Gill's novel and much of it was filmed in Rye. Camber and Pett Level. Helen Simonson,
who was brought up in and around Rye, came home from the USA to talk about her latest novel rooted in
the charmlng, pre-war, bucolic England.
The film programme featured a 70th annNersary screening of Godzilla, introduced and explained by Rye's
biggest fan of the glant Ilzard, Oliver Brooks. Chinatown, starring Jack Nicholson, got a Soth anniversary
screening, and aficlonados of the finest wines available to humanity watched a bi8 screen showing of Withnail
and l. And Green Grow the Rushes, which was filmed on Romney Marsh, was screened to a packed audience
at Rye Community Centre.
Drama was provlded by Heather Alexander whose Havisham was a fascinating study of the manipulative anti-
heroine of Great Expectations - a one-woman tour de forcel Jonny Fluffypunk offered a kind of theatre of
the absurd, whilst delving into his and our inner heroism. And the Rye Players, Holmes Under the Hammer
was a rip-roarin8 farte aboul Sherlock Holmes penned by local polymath Oliver Brooks.
There were ghost and historical walks in Rye- cellar tours in Winchelsea.. the annual coach tour to selected
Romney Marsh churches,. a literary walk to East Guldeford- and nature walks in Rye Harbour Nature ReseNe.
The opening weekend featured street entertainers in the centre of Rye offering fun for all the family,. juggling
and circu5 skills and Captain Pugwash workshops at Tilling Green Community Centre- the Town Crier, crying;
and Ryebellion Drummers beating their driving rhythms.
The Trustees would like to thank all the performers. the or8anisers and volunteers who work tirele551y,
throughout the year and not just in the fortnight in September to put on the festival.
We would also like to thank our members. a5 well as the advertisers in the brochure and sponsor5, both
private and corporate, whose upfront financial commitment mean5 income is guaranteed before any ticket5
are put on sale. Work is well under way for the 2025 Festival.

RYE ARTS FESTIVAL CIO
Trustees report (continued)
Volunteers Members and Sponsors
The Organisers and Trustee5 of Rye Arts Festival are delighted by and thankful for the loyal support of our
Members, Benefactors, sponsors and advert15ers whose generosity gives the Festival'5 finances o huge b005t
before the tickets go on sale and whose contributions allow us to bring world class act5 to Rye and char8e
very reasonable ticket prices, thereby meeting our charitable objective of promoting the arts and providing
experiences which will encourage people to participate. The Trustees would also like to thank all the
members of the Organlsin8 Committee and volunteers, without whom we could not put on the festival.
FINANCIAL REVIEW
The accounts for the year ended 31st December 2024. which are attached to this report. show the festival
finances to be in better shape than they have been for some years. The account5 show a surplus for the year
of £9,77312022 £18.7731. Thls surplu5 has meant that the CIO'S rese￿e5 have increased to £60,485, which
the Trustees believe to be an appropriate level of reserves as it would enable the festival to survive a
disastrous year should the festival have to be cancelled at the last minute.
Reserves Pollcy
The policy of the Trustees is to malntain sufficient reserves, which in the opinlon of the Trustees, allow them
to cover management and administration costs and plan for future years, Festivals.
Investment powers and pollcy
The Trust Deed authorised the Trustees to make and hold Investments using the General Funds of the Clo.
The Trustee5 havin8 regard to the cash flow requirements of the Charity keep available fund5 in interest
bearing accounts.
Tru5tees' responslbllltle5 In relatlon to the flnanclal statements
The charlty trustees are responsible for preparing a trustees, annual report and financial statements in
accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generallv
Accepted Accounting Practice), for keeping proper accounting records which disclose, with reasonable
accuracy al any time, the financial position of the charity and which enable them to ensure that the financial
Statements of the charity comply with Charlty Commission guidance and for maintenance and integrity of
the corporate and financlal inforrnatlon included on the charity's web51te. Legislation In the United Kingdom
governing the preparation and dissemination of financial statements may differ from leglslation in other
jurisdlctions.
FUTURE PLANS
We continue to seek new trustees. The Board will be seeklng to broaden audlence base and introduce new
forms of event which will help achieve an increase in revenue. The Tru5tee5 are keen to develop the
membership base and to increase involvement ljy them in the Festival.
APPROVAL
This report was approved by the Trustees and SiBned on their behalf.
Andrew Stuart, Trustee
4 March 2025

RYE ARTS FESTIVAL CIO
Independent Examlners Report to the Trustees
I report on the unaudited occounts of the charity for the year ended 31 December 2024 set ovt on pages 7
to 12.
Respective Responslbllltles of the Trustees and the Independent Examiner
The charivs trustees are responsible for the preparation of the account5. The ch3rity'5 trustees consider
that an audit is not required for this period under section 144121 of the Charlties Act 2011lthe 2011 Act) and
that an independent examination is needed.
It is my responsibility to..
examine the accounts lunder section 145 of the 2011 Act
follow the procedures lald down in the general Directions 8iven by the Charity Commission lunder section
14515llbl of the 2011 Act, and
state whether partlcular matters have come to my attention.
Basls of Independent Examlner's Report
My examinètlon was carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting record5 kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in
the accounts and seeklng explanations from you as trustees concerning any such matter5. The procedures
undertaken do not provide all the evidence that would be required in an audit and consequently no opinion
is given as to whether the accounts present a 'true and fair vlew,, and the report is limited to th05e matters
is sel out in the statement below.
Independent Examlner's Statement
In connection with my examlnation, no matter has come to my attentlon..
111 which Blves me reasonable cause to belleve that In any material respect the requirements..
io keep accounting records in accordance wilh section 130 of the 2011 Act, and
to prepare accounts which accord with the accounting record5 and Comply with the
accounting requirement5 of the 2011 Act
have not been met,. or
121 lo which, In my opinion, attention should be drawn in order to enable a proper understandin8 of the
accountJ to bc rer4ch¢d.
David Andrews ACIB, MCICM, FCT
Chatswood Associates
Abingworth
New England Lane
Rye, East Sussex, TN317NT
5 March 2025

RYE ARTS FESTIVAL CIO
Statement of Financial Activities
for the year ended 31 December 2024
Unrestrlcted Funds
Notes
2024
2023
Intome:
Donations
Charitable activitles
9,225
56,341
10,884
57,970
Investment income
Memberships
1,580
5,905
232
6,150
Total Income
73,051
75,236
Expendlture:
Charbtable ActlvitSes
63,278
56,463
Total expendlture
63,278
56,463
Net Incomel lexpendlturel
belng net movement of funds for the perlod
9,773
18,773
Reconclllatlon of funds
Total funds brought forward at l January
Total funds carrled forward at 31 December
50,712
31,939
60,485
50,712
The accompanying notes form part of these financial statements.

RYE ARTS FESTIVAL CIO
Balance Sheet as at
31 December 2024
Notes
2024
2023
Flxed assets
io
Current assets
Debtors
li
8,500
112,480
8,500
62,354
70,854
Cash at bankand in hand
14
120,980
Creditors
12
60,495
60,495
20.142
20,142
Net current assets
60,485
50,712
Total a55ets less ¢urr¢nt
60,485
50,712
Funds
Unrestricted funds
15
60,485
50,712
Approv•d by tho Agard of Tru6tg06 on 4 March 2025 •r*d ¢i8n•d on its b•half bv
Andrew Stuart, Trustee
The accompanying notes form part of these financial statements.

RYE ARTS FESTIVAL CIO
Notes tothe finandal ststements
forthe year ended 31 December 202
Accounting Policies
1.1 Basis of preparatlon of accounts
The financial statements of the charity, which 15 a public benefit entity under FRS102, have been
prepared in accordance with the Charities SORPIFR51021 Accounting and Reporting by Charities..
Statements of Recommended Practice applicable to charities preparin8 their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS1021 leffectNe l January 20151, Financial Reportin8 Standard 102 'The Financial Reporting
Standard applicable to the UK and Republic of Ireland, and the Charities Act 2011. The financial
statement5 have been prepared under the historical cost convention.
1.2 Tanglble flxed assets for use by the charity and deprec5atlon
Tangible fixed assets costing at least £500 for use by the charity are stated at cost less
depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of
fixed assets. less their estimated residual value, over the expected useful lives on the following
basis..
Equlpment and 50ftware
1.3 Income retognltlon pollcles
Items of income are reco8nised and included in the accounts when all of the followin8 criteria
are met..
The charity has entitlement to the funds
any performance conditions attached to the Item(51 of income have been met or are fully
within the control of the charity
there is sufficient certainty that receipt of the income is considered probable
the amount can be measured reliably.
2￿ pa straight line basis
1.4 Interest recelvable
Interest on funds held on deposit Is Included when receivable and the amount can be measured
reliably by the charity. this is normally upon notification of the interest paid or payable by the
bank.
1.5 Fund 3ccountln8
Unrestricted funds are available io spend on activities that further any of the purposes of the
charitv.
1.6 Expenditure and Irrecoverable VAT
Expenditure is recognised once there 15 a legal or constructive obligation to rnake a payment to
third party, it is probable that settlemerbt will be required, and the amount of the obligation
can be measured reliably.
Expenditure is classified under the following activity heading-
Expenditure on charitable aciivities includes the costs of events and edutatlonal actlvities
undertaken to further the purposes of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was
incurred.
1.7 Allocatlon of sUPPOrt Costs
Support costs are those funttions that assist the work of the charity but do not directly
undertake charitable activities. Support costs include back-office Costs, finance. and governance
C05ts which support the Charity'5 artistic programmes and activitEs.

RYE ARTS FESTIVAL CIO
Notes to the financlal statements lcontinued)
for the year ended 31 December 2024
1.8 Debtors
Trade and other debtors are recogni5ed at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid after taking account of any trade
discounts due.
1.9 Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a
short maturity of one year or le55 from the date of acquisition or openin8 of the dep051t or similar
account.
1.10 Credltors and provlslons
Creditors and provisions are recognised where the charity has a present obligation resultin8
from a past event that will probably result in the transfer of funds to a third party and the
amount due to settle the obli8ation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowlng for any trade
discounts due.
1.11 Financlal Instruments
The charity only had financial assets and financial liabilitles of a kind that qualify as basic financial
ir15truments. Basic financial instrument5 are initially recognised at transaction value and
subsequently measured at their settlement value.
1.12 Volunteers
The Festival is run almost entirely by unpaid volunteers and their input continues to be a kev
element in the Festival's ability to control expenditure.
Donatlons
2024
2023
Sponsorship
Donations
GSft aid claimed
6,530
550
2,145
9.225
7,980
560
2,344
10,884

RYE ARTS FESTIVAL CIO
Notes to the financial statements (continued}
forthe year ended 31 December 2024
Z024
2023
Charltable artlvitles
Income
Ticket and programme sales
Bars Inetl
Advertising revenue
Other income Inon-festivall
Total Income
48,054
1,897
6,390
51,230
1,420
5.320
56,341
57,970
Less expendlture
Direct cost of events
Prlor year costs
Other Festlval expenses
Printing and design
Publicity expenses
Other costs Inon-fe5tivall
Total expendlture
Net incomellcostsl
Festival sponsorship Inote 21
Festival surplus/ Ideficitl
36.377
36.840
16,7881
1,421
8,547
7,735
78
128
9.658
7.849
319
54,331
2,010
6,530
47.833
10,137
7,980
18,117
Expendlture
Direct costs
Governance costs Inote 61
Support costs (note 51
54.331
391
8.556
63,278
47,833
276
8,354
56,463
Membershlp and 5UPPOrt costs
Advisors
Stationery and postage
Website costs
li
3,854
303
127
3,424
583
2.128
Subscriptions and sundry expense5
Insurance
2,375
Travel cost5
Accountancy
Telephone
Bank charge5
Depreciation
750
88
1,175
750
121
1.221
8,556
8.354
io

RYE ARTS FESTIVAL CIO
Notes to the financial statements {continued)
for the year ended 31 December 2024
Governance costs
2024
2023
Committee expenses
AGM costs
391
276
391
276
Staff costs
No staff were employed during the year and therefore no staff
remuneration was paid.
Trustees. expenses
There were no Trustee expenses during the period.
Relaled party transartlon5
There were no related party transactions during the year.
io
Flxed a55els for use by the Charlty
Equlpment
Software
Total
Flxed Assets
At l January 2024
Addltion5
Disposals
Al 310ecember 2024
Depreclatlon
At l January 2024
Charge for year
At 31 December 2024
Net book value
2024
2023
li
Debtor5
Trade debtors
Prepayments
GiftAid
8500
8,500
8.5
8,500
Iz
Current liabllitles
Sundry creditors
60,495
60,495
20,142
20,142
li

RYE ARTS FESTIVAL CIO
Notes to the financial statements Icontinuedl
for the year ended 31 December 2024
13 Investment Income
All of the charity's investment income arises from money held in interest bearing deposit
accounts.
14 Cash at bank and In hand
2024
2023
CAF Bank
Lloyds Bank
Paypal
Cash In hand
54,657
57.106
717
34,548
26,944
862
112,480
62,354
15 Analy51s of charltable funds
Analy515 of movements in unrestricted funds
Funds at
01-Jan-24
Funds at
Income Expendlture 31-Dec-24
General Fund
50,712
73,051
163,2781
60,485
16 Taxatlon
As a re8lStered charlty, the Festlval Is exempt from tax on charltable activity.
12