| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | |||
| Independent examiner's report |
to the | trustees | ||||
| Statement. offinancial | activities | (including | income and | |||
| expenditure account) |
||||||
| Statement offinancial |
position | |||||
| Notes to the financial | statements |
| Registered | charity | name | name | Cheltenham | International | International | Film Trust Limited | |
|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1183506 | ||||||
| Company | registration | number | 11574356 | |||||
| Principal office and | registered | Midway House | ||||||
| office | Herrick Way | |||||||
| Staverton Technology | Park | |||||||
| Staverton | ||||||||
| Cheltenham | ||||||||
| GL51 6TQ | ||||||||
| The trustees | ||||||||
| Mr L Sheldon | ||||||||
| Mr L Marks | ||||||||
| Mr M R Ratcliffe | ||||||||
| Mr S KSheldon | ||||||||
| Mr M Chittenden | ||||||||
| Mrs L Bell | ||||||||
| N Blackburn | ||||||||
| Independent | examiner | Jane Liston | ||||||
| 23The Plantation | ||||||||
| Abbeym cad | ||||||||
| Gloucester | ||||||||
| UK | ||||||||
| GL4 5TR |
| 2023 | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| Note | funds f |
Total | funds | Total funds | |||
| Income and endowments | |||||||
| Donations and legacies Charitable activities Other trading activities Investment income |
5 6 7 8 |
20,942 12,221 104 |
20,942 12,221 104 |
28,778 15,114 5,000 106 |
|||
| Total income | 33,267 | 33,267 | 48,998 | ||||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 9,10 | 42,679 | 42,679 | 51,742 | ||
| Total expenditure | 42,679 | 42,679 | 51,742 | ||||
| Net expenditure and net |
movement | in funds | (9,412) | (9,412) | (2,744) | ||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
756 | 756 | 3,500 | ||||
| Total funds carried forward | (8,656) | (8,656) | 756 |
| 30September 20 | 23 | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Note | ||||
| Fixed assets | ||||
| intangible assets Tangible fixed assets |
16 17 |
1,218 205 |
3,009 287 |
|
| 1,423 | 3,296 | |||
| Current assets | ||||
| Debtors | 18 | 7,022 | 1,088 | |
| Cash at bank and in hand |
1,809 | 8,636 | ||
| 8,831 | 9,724 | |||
| Creditors: amounts | falling due within one year | 19 | 10,587 | 7,932 |
| Net current liabilities |
(1,756) | 1,792 | ||
| Total assets less current liabilities | (333) | 5,088 | ||
| Creditors: amounts | falling due after more than one year | 20 | 8,323 | 4,332 |
| Net liabilities | (8,656) | 756 | ||
| Funds ofthe charity Unrestricted funds |
(8,656) | 756 | ||
| Total charity funds | 21 | (8,656) | 756 |
| 5. | Donations | and | legacies | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2023 | Funds | 2022 | |||||
| F | ||||||||
| Donations | ||||||||
| Cheltenham | Film Society | 500 | 500 | 500 | 500 | |||
| Watershed GML Limited |
9,000 5,000 |
9,000 5,000 |
7,150 5,000 |
7,150 5,000 |
||||
| Lottery | 442 | 442 | 278 | 278 | ||||
| Harper Sheldon | Limited | 5,000 | 5,000 | |||||
| Individual | Supporters | 1,000 | 1,000 | 1,250 | 1,250 | |||
| Grants | ||||||||
| Cheltenham | Borough Council | 14,600 | 14,600 | |||||
| 20,942 | 20,942 | 28,778 | 28,778 | |||||
| 6. | Charitable | activities | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2023 | Funds | 2022 | |||||
| F | E | |||||||
| Ticket Sales | 12,221 | 12,221 | 15,114 | 15,114 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | |||
| F | ||||||
| Sponsors hips | 5,000 | 5,000 | ||||
| 8. | Investment | income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2023 | Funds | 2022 | |||
| E | E | |||||
| Bank interest | receivable | 104 | 104 | 106 | 106 | |
| 9. | Expenditure | on charitable | activities by fund type |
| Expenditure on charitable activitie |
s by fund type | |||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2023 | Funds | 2022 | |
| Film Hire and Promotion | 35,729 | 35,729 | 47,620 | 47,620 |
| Venue Hire and accommodation | 763 | 763 | 648 | 648 |
| Support costs | 6,187 | 6,187 | 3,474 | 3,474 |
| 42,679 | 42,679 | 51,742 | 51,742 |
| Expenditure | on charitable activitie |
s by activity type | |||
|---|---|---|---|---|---|
| Activities | |||||
| undertaken | Total funds | Total fund | |||
| directly Support costs | 2023 | 2022 | |||
| Film Hire and Promotion | 35,729 | 5,986 | 41,715 | 50,893 | |
| Venue Hire and accommodation | 763 | 763 | 648 | ||
| Governance | costs | 201 | 201 | 201 | |
| 36,492 | 6,187 | 42,679 | 51,742 |
| Analysis of | sup | port costs | |||
|---|---|---|---|---|---|
| Film Hire and | |||||
| Promotion | Total 2023 | Total 2022 | |||
| Communications | and IT | 1,204 | 1,204 | 161 | |
| General office | 2,428 | 2,428 | 823 | ||
| Finance costs | 438 | 438 | 418 | ||
| Governance | costs | 200 | 200 | 200 | |
| Amortisation | 1,790 | 1,790 | 1,790 | ||
| Depreciation | 82 | 82 | 82 | ||
| 6,142 | 6,142 | 3,474 |
| 12. | Net expenditure | Net expenditure | |||||
|---|---|---|---|---|---|---|---|
| Net expenditure | is stated | after charging/(crediting): | |||||
| 2023 | 2022 | ||||||
| Amortisation | of | intangible | assets | 1,791 | 1,790 | ||
| Depreciation | of | tangible fixed assets | 82 | 82 | |||
| 13. | Independent | examination | fees | ||||
| 2023 | 2022 | ||||||
| f | |||||||
| Fees payable | to | the independent | examiner for: | ||||
| Independent | examination | ofthe | financial statements | 200 | 200 |
The total amount of expenses reimbursed to the trustees or paid on an arms length basis. The expenses related to administration costs incurred on behalf of Intangible assets |
directly to third parties were all the Trust. |
|---|---|
| Website | |
| f | |
| Cost | |
| At 1 October 2022 and 30September 2023 | 8,952 |
| Amortisation | |
| At 1 October 2022 | 5,943 |
| Charge for the year | 1,791 |
| At 30September 2023 | 7,734 |
| Carrying amount |
|
| At 30September 2023 | 1,218 |
| At 30September 2022 | 3,009 |
| Tangible fixed assets | |
|---|---|
| Equipment f |
|
| Cost | |
| At 1 October 2022 and 30September 2023 | 410 |
| Depreciation | |
| At 1 October 2022 | 123 |
| Charge for the year | 82 |
| At 30September 2023 | 205 |
| Carrying amount |
|
| At 30September 2023 | 205 |
| At 30September 2022 | 287 |
| Debtors | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| E | ||||
| Trade debtors | 6,312 | |||
| Prepayments | and accrued income | 378 | ||
| Other debtors | 710 | 710 | ||
| 7,022 | 1,088 | |||
| Creditors: amounts | falling due within one year | |||
| 2023 | 2022 | |||
| f | F | |||
| Bank loans and overdrafts | 1,600 | 1,600 | ||
| Trade creditors | 8,387 | |||
| Accruals and deferred | income | 600 | 1,332 | |
| Trustee Loans | 5,000 | |||
| 10,587 | 7,932 | |||
| Creditors: amounts | falling due after more than one year | |||
| 2023 | 2022 | |||
| Bank loans and overdrafts | 3,323 | 4,332 | ||
| Other creditors | 5,000 | |||
| 8,323 | 4,332 |
| At | At | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 October 202 | 30Septembe | |||||||
| 2 | Income | Expenditure | r2023 | |||||
| F | ||||||||
| General | funds | 756 | 33,267 | (42,679) | (8,656) | |||
| At | At | |||||||
| 1 October 202 | 30September | |||||||
| 1 | Income | Expenditure | 2022 | |||||
| F | ||||||||
| General | funds | 3,500 | 48,998 | (51,742) | 756 | |||
| 22. | Analysis | of net assets between funds | ||||||
| Unrestricted | Total Funds | |||||||
| Funds | 2023 | |||||||
| Intangible | assets | 1,218 | 1,218 | |||||
| Tangible | fixed assets | 206 | 206 | |||||
| Current assets | 8,830 | 8,830 | ||||||
| Creditors | less than | 1 | year | (10,587) | (10,587) | |||
| Creditors | greater than | 1 year | (8,323) | (8,323) | ||||
| Net liabilities | (8,656) | (8,656) | ||||||
| Unrestricted | Total Funds | |||||||
| Funds | 2022 | |||||||
| F | ||||||||
| Intangible | assets | 3,009 | 3,009 | |||||
| Tangible | fixed assets | 287 | 287 | |||||
| Current assets | 9,724 | 9,724 | ||||||
| Creditors | less than | 1 | year | (7,932) | (7,932) | |||
| Creditors | greater than | 1 year | (4,332) | (4,332) | ||||
| Net liabilities | 756 | 756 |