CHARITY REGISTRATION NUMBER: 1182255
STROUD FESTIVAL
Financial Statements
31 March 2024
House of Tax
10 Springdale Close
Hardwicke
Gloucester
GL2 4JD

STROUD FESTIVAL
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report
Independent exarniner's report to the trustees
statement of financial activities
statement of financial position
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed ststement of financial activities
13
Notes to the detailed statement of financial activities
14

STROUD FESTIVAL
Trustees. Annual Report
Year ended 31 March 2024
The trustees present their report and th8 unaudtted financial statemants of the charity for th8 year
endad 31 March 2024.
Reference and adminlstrative details
Registerod charity name
STROUD FESTIVAL
Charity registration nun
1182255
Prlncipal offl¢e
2 Uplands Villas
Springfield Road
Uplands
Slroud
GL5 1TR
The trustees
J Greenshlelds
J Collins
J Gavin
Company s•¢retary
J GREENSHIELDS
Independenl examiner
HOUSE OF TAX
10 Springdale Clo8
Hardwicke
Gloucester
GL2 4JD
Structure. governan¢e and managemont
The charrty is registered with the Charity Commission number 1182255. Stroud Festival is a charltablo
incorporated organisation.
ObjeG¢lves and actlvltles
The charity's objective is lo as91st in fhe advancement ol educatron.
The principal activity of the charity during the ye8r was to promole the annual Stroud Festival.
The truste￿ have had due regard to the gui(Jance published by the Charity C(Mnmission on public
benefiL

STROUD FESTIVAL
Trustees. Annual Report (Gothiftued)
Year ended 31 March 2024
Tiuslees, Annual Report for the Fin2neial Year Ending 31 March 2024
Stroud Art5 Festival
Achievements and Perfomiance
The 77th Annual Stroud Arts FestNal {22-29 October 2023) showcased diverse programming across
the arts. multiple gonros and formats. Throughout the year. the festival delivered and supported
numerous events, enriching Stroud's cultijral calendar and furthering its mission to make the arts
accessible to all.
Approximately 1.200 people attended Stroud Arts Festival's own events. generating net ticket receipts
of £12,004.
June.. The ChoSr of Clare College Cambridge perfomied a Summer Concert under the
direction of Graham Ross al Holy Trinity Church. Thls event. supported by an exceptional
£5,000 grant from the M&NB Trust, captivated audience5 Wlth world<lass choral music.
Octob•r'. Seven main events during fe51ival week were programmed by Artistic Director Dave
AY￿ lo appeal to a broad audience with genres spanning dassical. jazz, op&ra, and musical
theatre. High1￿hts included..
Relaxed Opera: Inclusive perfomiances featuring Abigail Sudbury, Allstslr
Sulhedand, artd the Siroud Arts Festival Ensemble.
Bristol Ensemble.. Orchestral celebral*)n of Pink Floyd's Dark Side of the Moon.
Jazz Night.. Duke EHington's Sacred Conc8rt and Will Todd's Mass in Blue. involving
a community choir under the composerfs direction.
Visual Arts." 7he Weaving Tapestry of Connections. (xjrated by Katy Sirr, induded
The Hands Project and WOTks from local arbsts.
Slroud Arts Festival also supported lo(xl artists and audiences through grants1£2,759) and
sponsorships1£3.400). funding projects such as=
Art w0￿$hop8 for isolated individuals (The Loneliness Projecll, participatory events
(Landscapes of the Lartl, and youth creative writing (ln Our Own Words).
Theatre projects at the Cotswold Playhouse (Circus Tales and Through Female Eyes)-
Movemenl and dan￿ workshops. the dosing event of Stroud Book Festiva celebrating Laurie
Lee. and the contemporary music festival Hffjden Notes.
Financial Review
The festival received £25.000 for activities during the financAal year 2023-2024. These fund5 were
allocated across festival activiti8s, grants, sponsorships. and operab.ng costs. Highlights of financial
dlstribulion include..
Festival Programming.. Supported by tid(et sales and grarts. including £5.000 from the
M&NB Trust.
Grants and Sponsorships." Totalling £6,159, lunding local arts and community projects.
Operating Costs.. Supported festival administration and Coofdination.

STROUD FESTIVAL
Trustees. Annual Report {rontlnu¢dJ
Year ended 31 March 2024
Plans for Futur8 Perlods
Looking ahead, Stroud Arts Festival remains committed lo its mission of fostering creativity. indusivity,
and artistic excellence. Key priorities for fLrture periods indude..
Expanding Outreach: Increasing engagement wth local communities through tailored arts
programs.
2. Sustaining Collaboration: Strengthening partnerships with local and national artists,
institub"ons, and funders.
3. Innovative Programming.. Continuing lo offer diverse artistic experiences that resonate wtth
broad and varied audiences.
4. Funding Growth: Securing additional resources to sustain atKI exparKI the lestival's offerings
and communty support initiatives.
By bL¢ilding cm the suixesses of 2023-2024, Stroud Arts Festival aims to inspire. connect. and engage
au¢Jiences and artists alikg in the year8 to come.
Stroud Fe8tiv81 CIO Trustees are extremely grateful for the continued financial support from the
Margaret and Neljam Bigg TnJsL
The trustees, annual report was approved on 28th January 2025 and signed on t*haff of the board of
trustees by..
J Greenshields
Trustee

STROUD FESTIVAL
Inde￿ndent Examinerfs Report to the Trustees of STROUD FESTIVAL
Year ended 31 March 2024
I report to the trustees on my examination of Ihe fflnancial stalements of STROUD FESTIVAL I'the
chariv) for the year ended 31 March 2024.
Responslbllitios and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statgments in
accordance wilh the requirements of the Charities Act 2011 {'Ihe Act'i.
I report in respect of my examination of the charity's financial statements carried out uftder section 145
of the 2011 Ad and in carrying out my examination I have followed all the applicable Directtons given
by the Charity Commission under section 145{5llb} of the ACL
Independent examinerfs statement
I have completed my examination. I ￿nfirn7 that no material rnatters have come to my attention in
connection wtth the examination giving me cause to believe that in any material respect:
accAiunting records were not kept in respecl of charity as required by section 130 of Ihe
the financial statements do not accord with t￿lSe records., or
the financial staÉements do not comply with the applicable requirements conceming the
fomi and content of accounts set out in the Charities IAccounts and Reports) Regulations
2008 other than any requirement that Ihe accounts give a 'true and faif view which ts not a
matter considered as part of an independent examination.
I have no COn￿m5 and have (x)me across no other matters in conneciion wilh the examination to
whith altenlion should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Katherine Ford FMAT A
IndepeNlent Examiner
House ofTax
10 Springdale Close
Harrlwck8
Gloucester
GL24JD

STROUD FESTIVAL
statement of Financial Activities
Year ended 31 March 2024
2024
Restricted
funds Total fijnds Total fijnds
2023
Unrestricted
fvnds
Income and endowments
Donations and legacies
Investment income
Other income
17,3
252
25,000
42,642
17.390
252
25.000
22,881
203
15,000
Total income
42.642
38.084
Expenditure
Expenditure on charitable activities
Total 8x￿ndI￿re
48.098
48,098
41,102
48.098
48.098
41.102
Net {expenditurelllncome and net
movement in funds
(5,456)
15,4561
13,0181
Reconciliation of funds
Totsl funds brought forward
Total funds carrled forward
7,692
10.0(M)
17.692
20,710
2.236
10.000
12.236
17,692
The statement of financi818ctivities includes 811 gains and losses recc*Jnised in the year.
All income and expenditure delive from continuing acts"vitie$.
Tho not•s on paw 7 to 12 form part of these flnancial $talement

STROUD FESTIVAL
Statemenl of Financial Position
31 March 2024
2024
2023
Current assets
Debtors
Cash at bank and in hand
13
150
12,236
12,386
450
17.417
17,867
CredltoYs.- amounts falllng due wlthln one year
Net current assets
14
150
175
12.236
17,692
Totsl assets less current liabilitiès
12.236
17.692
Net assets
12.236
17,692
Funds of the charlty
Restricted funds
Unrestricted funds
10,000
2,236
10,000
7.692
Totsl charlty funds
15
12.236
17.692
These financial statements were approved by the board of truslees and aulhorised for Issue on 28
January 2025, and are signed on behalf of the board by."
ollins
Trustee
J Gavi
Trustee
Thg notss on pag9¥ 7 to 12 lomi part ofthese flnancial statem•nts.

STROUD FESTIVAL
Notes to th¢ FinanGial Statements
Year ended 31 March 2024
G¢neral inforniation
The charity r8 a public benefit entity and a registered charlty in England and Wales and is
unincorw)raled. The addre￿ of the principal office is 2 Uplands Villas. Springfield Road,
Uplands. Slroud. GL5 ITR.
statement of compllance
These financial slalements have been preparod in compliance wilh FRS 102. The Financial
Reporting Slandard applicabl8 in the UK and the Republic of Ireland,. the Statement of
Recommended practi￿ applicable to charities p￿paring their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities
SORP (FRS 102)) and the Charities Act 2011.
Accounting polfclos
Basis of preparation
The financial statements have been prepared on the historfcal ￿st basis. as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The finanual slalements are prepared in steding, Ythith is the functional currency of the entity
and are rounded to the nearest £.
Going conGgm
There are no material uncertainties aljout the charivs ability to o)ntinue.
Disclosure exomptlons
The entity satlsfies the criteria of being a qualtfying entity as defined in FRS 102. As such,
advantage has been tsken of the foHowng disdosure exemptions 8vailablo under paragraph
1.12ofFRS 102..
No c8sh flow statement has been presented for the company.
Disdosures In respect of finanaal instruments have no* been presented.
Judgements and koy sourcos of gslimation uncertainty
The preparation of the financial statements r￿UireS management to make judgements.
estimates and assumptions that affect the amounts rep)rted. These estimates and judgements
are wnliTrually rèvtewed and are based on experience and other factors. including expectalions
offvture events th* are believed to bg reasonable under the Gir￿mstanCes.

STROUD FESTIVAL
Notes to the Financial Statements (Ctsnllnuerfj
Year ended 31 March 2024
A¢¢ounth)g pollc108 (wR*inwdJ
Fund accountlng
Unrestricted fuMIs 8re available for use at tho discretion of the twstees lo further any of the
charivs purposes.
Designated funds are unrestricted funds eamiafited by the trustees for parti(yJ18r future projed or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the dono¥ or
through the temis of an appeal and fall into one of two sub<lasses: ￿$trIcted income funds ¢x
endowment fijnds.
Incoming ro$OU￿e8
All inrA)mlng resources are included in the staterEJent of financlal activilies when entitlement has
passed to the charity-, it is probable that the economic benefits associated with the transaction
will flow to the charfty and the amount can be reliably measured. The following specific policies
are applied to particular categories of inc(xne'.
income from donations or grants is recoJnised when there is evidence of enlitlemenl to Ihe
gift, re￿Ipl is probable and 115 amount can be measur￿1 reliabty.
legacy income is recognised when receipt is probable and entitlernent IS 8stsblished.
income from donated goods is measured at the fair valtje of the g￿d$ unless this is
impractical to measure reliabty, in which case the value is derived from the cost to the donor
or the eslimaled resaFe value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are includ&1 for
the contribub'on of general volunleefs.
income from contracts for the supply of services is recognised with the delivery of the
contracted seN1￿. This is class¢fied as unrestricted funds unless there is a contractual
requirement for It to be spent on a particular purpose and retumed rf Llnspent. in which case
it may be regarded as restr￿ted.

STROUD FESTIVAL
Notes to the Financial Statements (conttnue¢l
Year ended 31 March 2024
Accountlng policies (contin￿￿)
Resour¢•s expended
Expenditure is recognised on an accruals basis as a liabilty is bncurred. Expendllure includes any
VAT which cann(rt be knlly recovered, and is dassified under headings of the stslement of
financial activities lo whith il relates..
expendilurg on raising funds indudes the (r)sts of all fundraising activibgs, events. non-
charitable trading activities. and the salo of donated go￿$.
expenditure on charitable actiwties indudes all costs incurred by a charity in undertaking
activities thal further its charitable aims for the bene)It of its beneficiari&s. including those
support costs and costs relating to the g0Veman￿ of the charity apportioned to charitable
activities.
other expenditure incluL1es all expenditure that is neither related lo raising fvr￿s for the
charity nor part of its expendrture on charitsble 8Ctivilies.
All costs are allot*d to expenditure categories refiecting the use of the resource. Direct costs
attributable lo a single atithvity are allocated directly to thal activity. Shared cosls are apporti￿ed
between the activities they contribute lo on a reasonable, justsfiable and consistent basis.
Financlal Instruments
Financial instruments are classified and accour)ted for, according lo the substance of the
contractual arrangement, as eilh8r financial assets. financial liabilib.es or equity instruments. An
equity instrument is any contract that eviden￿5 a residual interest in the assets of the company
after deducting all of its liabilities.
Donatlons and legacies
Unrestricted Total Funds Unrestiicted Total Funds
Funds
2024
Funds
2023
Donations
Ticket sales
Advert Sales
Sponsorship
16.640
16,640
14,561
370
14,561
370
7,950
750
750
Gifts
Gifts
17.390
17.390
22.881
22,881
Investment Income
Unre*riGled Total Funds Unreglricted Total Funds
Funds
2024
Funds
2023
Bank interest receivaNe
252
252
203
203

STROUD FESTIVAL
Notes to the FinanGial Statsments (continuod)
Year ended 31 March 2024
Olh¢r income
Unrestricted Total Funds Unrestricted Total Funds
FL¢nds
2024
Fsjnds
20T3
Margaret and Neuam Bigg Trust
25.000
25.1)00
15.000
15.000
Expendliurg on charftsblg activitios by fund type
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Charitablg activity
Support costs
42.088
6.010
48.098
42,088
6,010
36,117
4,985
36.11T
4.985
41,102
48.098
41,102
Expendlture on charftable activities by activity typo
Activities
undertaken
directly
Support Total funds
costs
2024
Total fund
2023
Charitsble activity
Governance costs
42,088
42,088
6,010
36,117
4,985
41,102
6.010
42,088
6,010
48,098
Anatysis of support costs
Analysis of
support costs Total 2024 Totsl 2023
Communications and IT
General office
Govemance costs
253
3.607
2,150
253
3,607
2.150
416
1.894
2,675
6.010
6.010
4,985
10. Independent examination fees
2024
2023
Fees payable to the independent examiner fcr.
Inde￿ndent examination of the financial slatsments
150
175
11. Staff costs
The lolal staff costs and employee benefits for the repottng period are analysed as follows..
2024
2023
The average head (x)unt of employees during the yearwas Nil {2023: Nil).
-1D-

STROUD FESTIVAL
Notes to the Financial Statements (Conllnwdl
Year ended 31 March 2024
11. Staff costs (¢onllnu¥d)
No employee re￿iVed employee beneffts of more than £60,000 during Ihe year12023.. Nill.
12. Trusleg remuneration and expenses
No remuneration or other benefits from ernployment with th& charity or a related enlity were
received by the twstees.
13. Debtors
2024
2023
PrepayTnenls and accrued income
150
450
14. Greaitws: amounts falllng due withln one year
2024
2023
Accruals and deferred income
150
175
15. Analysls of charitable funds
Unre5tTiCted funds
At
1 April 2023
At31
Income Expenditure Ma￿h 2024
General funds
7.692
42,642
48.098
2,236
Restricted funds
A131
Income Expenditurt March 2024
1 April 2023
Capital reserve
10.000
10.000
16. Analysls of not assets betweèn funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Current assets
Creditors less than 1 year
Net assets
2,386
11501
2.236
10,000
12,386
1150)
12,236
{10.0001
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Current assets
Creditors less than 1 year
Net assets
10,361
1175}
10,186
10,000
20.361
11751
20,186
10.000
11

STROUD FESTIVAL
Management Information
Year ended 31 March 2024
The following pages do not forni part of the financlal statements.
12-

STROUD FESTIVAL
Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Income and endowments
Donations and legacies
Ticket sales
Donalionslsponsorship
Advertlsing
16.640
750
14.562
7,950
370
17,390
22.882
Invostment income
Bank interest recewable
252
202
Other income
Margaret and Nellam Bigg Trust
25.000
15,000
Totsl income
42.642
38,084
Expendltura
Expenditure on charitablo adlvltlos
Direct festival costs
Hire of premises and equipment
Advertising publicFty
Festival C(￿Ordinal0r
Administration expenses
Other g0Veman￿ costs
30,478
7,304
4,306
2,000
3,860
150
23.717
5,403
6,997
2,500
2,310
175
48.098
41,102
Total expenditure
48,098
41,102
Net {oxponditurallincom8
(5.456)
(3,018)
13-

STROUD FESTIVAL
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Exponditure on ¢haritsb18 activities
Charltabl¢ •¢tlvlty
Activities undertaken dir8cty
DI￿¢t festival costs
Hire of premises and equipment
Advertising aThJ publicity
30.478
7,304
4,306
23,717
5,403
6,997
42.088
36,117
Gov•man¢e costs
Festival co-ordinator
Administration expenses
other governance costs
2,000
3,860
150
2.5(X)
2,310
175
6.010
4,985
ExpeDdKure on charltable actlvltles
48,098
41,102
14.