2022-12-31-accounts - Arafest

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Object	i	v	es and	Acti	vit	ies	ies
						SORP reference
Summary		ofthe purposes			of	Para	1.17	The advancement in life and the relief of
the charity			as set out	in its				need among children and young people
governing		document						living in Hull and the East Riding of
								Yorkshire by providing grants to charities
								and other organisations to;
								A. Provide recreational and leisure time
								activities in the interest of social welfare,
								designed to improve the conditions life
								of children and young people, and,
								B.Provide supported activities which
								develop the skills, capacities and
								capabilities of children and young people
								enable them to participate in society as
								mature and responsible individuals.
Summary activities		ofthe main in relation to those				Para 1.19	1.17and	We again delivered our two main events of a summer music festival and a Christmas
purposes		for the public						ball. Both events were well attended and	in
benefit,	in particular,			the				combination with our sponsors provided
activities,		projects or						positive return for the trust.
services	identified in			the				We have also administered other events
accounts.								such as a sponsored run and have received
								donations from individuals that have
								organised their own fundraising efforts to
								support the trust.
Statement			confirming			Para	1 18
whether	the trustees			have
had regard			to the guidance
issued by		the Charity
Commission			on public
benefit

Achievements and Pe	rformance
	SORP reference
Summary ofthe main		We have extended our	list ofcharities that we
achievements ofthe charity,		support to include:
identifying the difference the		FRCA
charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a	Para 1.20	Dyslexia Sparks Special Stars Foundation Park Street Performing	Arts
whole.		The donations to these	charities provided
		essential services and activities to the groups
		outlined within our trust schedule.

Financial Review
Review ofthe charity's		Para	1 21	See attached
financial position at the end
ofthe eriod
Statement explaining the		Para	1.22	The Trustees ensure that it holds sufficient
policy for holding reserves				reserves	at the end ofeach financial year to
stating why they are held				ensure that it can meet the upfront cost ofthe
				following	years events
Amount ofreserves held		Para	1.22	f113,949
Reasons for holding zero		Para	1.22	N/A
reserves
Details of fund materially	in	Para	1.24	NIA
deficit
Explanation of any		Para	1.23	None
uncertainties about the
charity continuing as a going
concern

Description of charity's
trusts:
Type of governing document	Para	1.25	Trust
How is the charity	Para	1 25	CIO Foundation		Constitution
constituted?
Trustee selection methods	Para	1.25	Appointed	by existing Trustees
including details ofany
constitutional provisions e.g.
election to post or name of
an erson or bod entitled

O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES			Receipts and payments	Receipts and payments	Receipts and payments	accounts	accounts		CC16a
							For the		period	To
								from
~	r			~	~	~	~
							Unrestricted funds Restricted funds			Endowment funds		Total	funds	Last year
							to	the nearest to the nearest f		to the nearest	E	to the nearest f		to the nearest E
								E
A1 Receipts
Sponsorship									24,340				24,340
Festival Income									14,771				14,771
Chanty Walk / Runs									9,948				9,948
Chnstmas Ball	Income								19,152				19,152
MISC									18				18
Sub total (Gross income for AR)									68,230				68.230
A2 Asset and investment				sales
(see table).
			Sub total
		Total		receipts					68,230	-		-	68,230
A3 Payments
Festival Costs									12,712				12,712
Chnstmas Ball	Costs								14,607				14,607
Donations									19,100				19,100
MISC									414				414
			Sub total						46,834				46,834
A4 Asset and investment
purchases,	(see table)
			Sub total
	Total payments								46,834	-	-		46,834
Net ofreceiptsl(payments)									21,396				21,396
A5 Transfers	between		funds
A6 Cash funds last year				end					92,553				92,553
Cash funds		this	year		end				113,949				113,949

					~ ~	~		~ ~	~ ~ ~
							Unrestricted		Restricted	Endowment
	Categories			Details				funds	funds	funds
							to	nearest 9	to nearest 9	to nearest	K
Bt Cash	funds			Bank Account				113,949
					Total	cash funds		113,949
				(agree bsishcss	with receipts shd psymehis
						scccuhi(s))
							Unrestricted		Restricted	Endowment
							funds		funds	funds
				Details			to	nearest hs	to nearest 9	to nearest	9
B2Other	monetary assets
				Details			Fund to which asset belch s		Cost (optional)	Current value o tional
B3Investment		assets
				Details			Fund to which asset belch s		Cost (optional)	Current value o (iona)
B4Assets retained for			the
charity's	own use
							Fund	to which	Amount due	When due
				Details			liabili	relates	o (iona(	o tional
65 Liabilities
Signed by one or two trustees behalf of all the trustees			on	Signature				Print Name		Date of a royal
								M Arama	o	31 10.2023