**Registered Charity Number: 1181262**
## **CROYDON PERFORMING ARTS FESTIVAL**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2025**
**AND TRUSTEES' REPORT**
## **CROYDON PERFORMING ARTS FESTIVAL**
## **ANNUAL REPORT OF THE TRUSTEES for the period 1 September 2024 to 31 August 2025**
The trustees present their annual report along with the financial statements of the charitable incorporated organisation for the period 1 September 2023 to 31 August 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to those statements and comply with current statutory requirements and the Statement of Recommended Practice — Accounting and Reporting by Charities.
## **Constitution**
Croydon Performing Arts Festival is a registered Charitable Incorporated Organisation number 1181262. The governing document of trust is a constitution adopted on 19 November 2018, and revised in November 2020.
## **Registered Office**
55 Dalmally Road, Croydon CR0 6LW
## **Trustees**
Lucy Rodgers - Appointed November 24th 2024 Richard Deering (Chairman) Flynn Le Brocq - Standing down August 31st 2025 Christopher Hutchinson Vamshikrishan Vishnudas Arun Chatterjee (Vice Chair) - Appointed November 24th 2024 Laura McHale - Appointed November 24th 2024 Louise Rodgers - Appointed November 24th 2024: resigned August 29th 2025
## **Recruitment and Appointment of new Trustees**
New trustees must be appointed by a resolution of the members passed at a special meeting. In selecting individuals for appointment as trustees, regard must be had to the skills, knowledge and experience needed for the effective administration of the charity.
## **Induction and Training of new Trustees**
Upon their appointment, new Trustees are advised of their responsibilities and directed to the guidance provided by the Charity’s Commission website. For guidance on the performance of their duties at the Festival new Trustees are briefed by the appropriate member of the Committee.
## **Affiliation and Patronage**
The Croydon Performing Arts Festival is affiliated to the British and International Federation of Festivals for Music Dance and Speech
1
## **CROYDON PERFORMING ARTS FESTIVAL**
## **ANNUAL REPORT OF THE TRUSTEES for the period 1 September 2024 to 31 August 2025**
## **Bankers**
National Westminster bank PLC, Wallington (A) Branch, 27 Woodcote Road, Wallington, Surrey SM6 0LN
COIF Charities Deposit Fund, Senator House, 85 Queen Victoria Street, London EC4V 4ET
## **Independent Examiner**
Matthews Hanton Limited, Chartered Certified Accountants, 93 Aldwick Road, Bognor Regis, West Sussex PO21 2NW
## **Objectives, Activities and Achievements**
The objects of the charity are to advance the education of the public in the arts of music, dance and speech in all its branches through the Croydon Performing Arts Festival.
## **Public Benefit**
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. The trustees have considered their duty to have regard to the Public Benefit guidance issued by the Charity Commission in relation to the objectives and actions of the charity. The trustees consider that the charity does act in a beneficial way to the public and will continue to do so.
## **Investment Powers**
Under the terms of the Trust Deed, the trustees may invest the capital in accordance with the powers given by the Trustee Act 2000.
## **Reserves Policy**
The trustees are satisfied that the accumulated General Fund will enable them to run the Festival in 2025.
The charity began the year with reserves of £88,805 and ended the year with reserves of £87,018.
## **Risks Strategy**
The trustees have considered the major risks likely to be encountered by the charity and are satisfied that procedures are in place to mitigate these.
## **Financial Management Policy**
The nature and value of the assets and cash deposits comprising the charity’s capital endowment are kept under constant review and an up-to-date report is presented to the trustees at their meetings.
2
## **CROYDON PERFORMING ARTS FESTIVAL**
## **ANNUAL REPORT OF THE TRUSTEES for the period 1 September 2024 to 31 August 2025**
## **Statement of Trustees’ Responsibilities**
The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the trustees of the charity on Sep 10, 2025 and signed on its behalf by:
Richard Deering Richard Deering (Sep 10, 2025 09:22:37 GMT+1)
Richard Deering (Chairman)
3
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name **members of** Croydon Performing Arts Festival
|**On accounts for the**
**period ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|31stAugust 2025|**Charity no**
**(if any)**|1181262|
|---|---|---|---|
|||||
||6 to 9
(remember to include the page numbers of additional sheets)|||
||I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended**31 / 08 / 2020**.
As the charity's trustees, you are responsible for the preparation 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, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
**Signed: Date:** Sep 10, 2025 **Name:** Mr Guy Witcher **Relevant professional** MAAT **qualification(s) or body (if any): Address:** Matthews Hanton Limited, 93 Aldwick Road, Bognor Regis, West Sussex, PO21 2NW
4
**Section B Disclosure**
Only complete if the examiner needs to highlight material 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** .
5
## **CROYDON PERFORMING ARTS FESTIVAL**
## **Statement of Financial Activities for the year ended 31st August 2025**
|Note
**Incoming resources:**
Subscriptions and donations
Legacies
Awards and prizes
Entry fees
Box office and programme sales
Refunded PayPal fees
Bank interest
Investment Income (CCLA)
**Total Income**
**_Direct Charitable Expenses_**
Hotels and Pianos
Hire of premises
Adjudicators and accompanists
Printing and postage (syllabus / programme)
Awards and prizes
Refreshments
Entry refunds
**_General Administration_**
BIFF, AED, insurance, licences
Website and online entry system
Dance trophies and medals
Independent examiner's fee
Misc
Depreciation of Carpet and Equipment
**Total Expenses**
**Gains/(Losses) on Investments**
**Net (outgoing)/incoming resources**
**Total Funds brought forward**
**Total Funds carried forward**
RICHARD DEERING
Chairman
**Resources expended:**
Richard Deering (Sep 10, 2025 09:22:37 GMT+1)
Richard Deering|**Unrestricted**
**Funds**
£
431.38
-
-
17,627.24
8,756.85
-
533.02
-
**27,348.49**
889.92
11,504.44
5,106.43
2,285.80
-
376.01
-
**20,162.60**
688.00
2,730.23
2,771.70
805.00
194.69
474.00
**7,663.62**
**27,826.22**
**-**
**477.73)**
**(**
**23,766.97**
**23,289.24**|**Designated**
**Funds**
**£**
-
-
-
-
-
-
-
1,652.66
**1,652.66**
-
-
-
-
1,050.00
-
-
**1,050.00**
-
-
-
-
-
-
**-**
**1,050.00**
**1,912.70)**
**(**
**1,310.04)**
**(**|**Total**
**2025**
**£**
431.38
-
-
17,627.24
8,756.85
-
533.02
1,652.66
**29,001.15**
889.92
11,504.44
5,106.43
2,285.80
1,050.00
376.01
-
**21,212.60**
688.00
2,730.23
2,771.70
805.00
194.69
474.00
**7,663.62**
**28,876.22**
**1,912.70)**
**(**
**1,787.77)**
**(**
**88,805.43**
**87,017.66**|**Total**
**2024**
**£**
391.28
-
-
3,611.66
-
473.15
504.56
1,601.30|
|---|---|---|---|---|
|||||**6,581.95**|
|||||2,234.63
4,449.35
5,453.46
887.10
850.00
247.82
-|
|||||**14,122.36**|
|||||1,042.74
683.12
-
755.00
571.45
-|
|||||**3,052.31**|
||||||
|||||**17,174.67**|
||||||
|||||**5,346.86**|
||||||
|||||**5,245.86)**
**(**|
||||||
|||**65,038.46**||**94,051.29**|
|||**63,728.42**|||
|||||**88,805.43**|
||||||
10/09/2025
6
## **CROYDON PERFORMING ARTS FESTIVAL**
## **Balance Sheet at 31st August 2025**
|Note
**Fixed Assets**
Carpet and equipment
3
Investments (CCLA)
4
**Current Assets**
Stock of medals
Cash at Bank
**Total Assets**
**Current Liabilities**
Creditors
5
**Net Current Assets**
Capital and Reserves
6
Restricted Funds
6
**Funds**|**Unrestricted**
**Funds**
**£**
1,894.00
-
**1,894.00**
375.00
21,710.24
**22,085.24**
**23,979.24**
690.00
**690.00**
**23,289.24**|**Designated**
**Funds**
**£**
-
61,729.60
**61,729.60**
-
1,998.82
**1,998.82**
**63,728.42**
-
**-**
**63,728.42**|**Total**
**2025**
**£**
1,894.00
61,729.60
**63,623.60**
375.00
23,709.06
**24,084.06**
**87,707.66**
690.00
**690.00**
**87,017.66**
23,289.24
63,728.42
**87,017.66**|**Total**
**2024**
**£**
-
63,642.30|
|---|---|---|---|---|
|||||**63,642.30**|
|||||375.00
25,363.13|
|||||**25,738.13**|
|||||**89,380.43**|
|||||575.00|
|||||**575.00**|
|||||**88,805.43**|
|||||23,766.97
65,038.46|
|||||**88,805.43**|
Richard Deering Richard Deering (Sep 10, 2025 09:22:37 GMT+1) RICHARD DEERING Chairman
10/09/2025
7
**CROYDON PERFORMING ARTS FESTIVAL**
## **Notes to the Financial Statements for the Year Ended 31st August 2025**
## **1. ACCOUNTING PRINCIPLES**
## **Accounting convention**
The financial statements are prepared in accordance with 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 the Republic of Ireland (FRS 102) (effective 1 January 2015) — (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Croydon Performing Arts Festival meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Exemption from preparing a cash flow statement**
The charity opted to adopt Bulletin 1 published on 2 February 2016 and has therefore not included a cash flow statement in these financial statements.
## **Going concern**
The trustees consider that there are no material uncertainties about the trust's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## **Donations and legacies**
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings, they have been allocated on a basis consistent with the use of resources and depreciation charges allocated on the portion of the asset’s use.
## **Taxation**
The charity is exempt from taxation on its charitable activities.
## **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives of the trustees. Restricted funds can be used only for particular restricted purposes within the objects of the charity. Further explanation of the nature and purpose of the fund is included in the notes to the financial statements.
## **2. TRUSTEES' REMUNERATION**
No remuneration was paid during the year ended 31st August 2025 (2024: Nil)
8
## **CROYDON PERFORMING ARTS FESTIVAL**
## **Notes to the Financial Statements for the Year Ended 31st August 2025**
|**3.**
**4 **
**5 **
**6 **|**FIXED ASSETS**
At Cost
Additions
Disposals
**Cost carried forward**
**Depreciation**
Opening
Disposals
Period
**Depreciation carried forward**
**Net book value at 31 August 2025**
**INVESTMENTS**
COIF Charities Investment Fund
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Independent Examiner's fee
**MOVEMENT IN FUNDS**
**Balance at 1st**
**September**
**2024**
Unrestricted funds
23,766.97
£
Designated funds
65,038.46
£
Net movement in funds
**88,805.43**
**£**
**Balance at 1st**
**September**
**2024**
Unrestricted funds
35,110.99
£
Designated funds
58,940.30
£
Net movement in funds
**94,051.29**
**£**|**Carpet**
496.00
£
-
£
-
£
**496.00**
**£**
496.00
£
-
£
-
£
**496.00**
**£**
**-**
**£**
**Incoming**
**Resources**
27,348.49
£
1,652.66
£
**29,001.15**
**£**
**Incoming**
**Resources**
4,980.65
£
6,948.16
£
**11,928.81**
**£**|**Equipment**
1,518.34
£
2,368.00
£
-
£
**3,886.34**
**£**
1,518.34
£
-
£
474.00
£
**1,992.34**
**£**
**1,894.00**
**£**
**2025**
£ 61,729.60
**£ 61,729.60**
**2025**
£ 690.00
**£ 690.00**
**Outgoing**
**Resources**
27,826.22
£
2,962.70
£
**30,788.92**
**£**
**Outgoing**
**Resources**
16,324.67
£
850.00
£
**17,174.67**
**£**|**Total**
2,014.34
£
2,368.00
£
-
£|
|---|---|---|---|---|
|||||**4,382.34**
**£**|
|||||2,014.34
£
-
£
474.00
£|
|||||**2,488.34**
**£**|
||||||
|||||**1,894.00**
**£**|
|||||**2024**
£ 63,642.30|
|||||**£ 63,642.30**|
|||||**2024**
£ 575.00|
|||||**£ 575.00**|
|||||**Balance at**
**31st August**
**2025**
23,289.24
£
63,728.42
£|
|||||**87,017.66**
**£**|
|||||**Balance at**
**31st August**
**2025**
23,766.97
£
65,038.46
£|
|||||**88,805.43**
**£**|
9
## Finalised Accounts CPAF 31-08-2025 v2
Final Audit Report
2025-09-10
Created: 2025-09-10 By: Guy Witcher (guy.witcher@matthewshanton.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAQLSxOb5pNFcOmh8n_i_JV3_KntlNTHDV
## "Finalised Accounts CPAF 31-08-2025 v2" History
Document created by Guy Witcher (guy.witcher@matthewshanton.co.uk) 2025-09-10 - 08:15:13 GMT
Document emailed to Richard Deering (cpafchair@gmail.com) for signature 2025-09-10 - 08:15:59 GMT
Email viewed by Richard Deering (cpafchair@gmail.com)
2025-09-10 - 08:21:29 GMT
Document e-signed by Richard Deering (cpafchair@gmail.com)
Signature Date: 2025-09-10 - 08:22:37 GMT - Time Source: server
Document emailed to Guy Witcher (guy.witcher@matthewshanton.co.uk) for signature 2025-09-10 - 08:22:38 GMT
Email viewed by Guy Witcher (guy.witcher@matthewshanton.co.uk) 2025-09-10 - 08:45:57 GMT
Document e-signed by Guy Witcher (guy.witcher@matthewshanton.co.uk) Signature Date: 2025-09-10 - 08:46:31 GMT - Time Source: server
Agreement completed.
2025-09-10 - 08:46:31 GMT