BRISTOL
FOLK HOUSE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2024
Company Registralion Number 11752084
Charity Number 1184395

BRISTOL FOLK HOUSE
FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
Contents
Pages
Trustees. Annual Report
1to4
Reference & Administrative Infomiation
Independenl Examiner's Report
Statement of Financial Activities
Balance sheet
Statement of Cash Flows
Notes to the financial statements
10t019

BRISTOL FOLK HOUSE
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 AUGUST 2024
The Trustees present their report and financial statements for the year ended 31 August 2024.
This year has brought successes for Bristol Folk House. After the major challenges our organisation
faced. we are proud as a charity to have emerged from this period with a strategy for our future and this
year sees the first full year of ils implementation.
Beyond our core business, our achievements have included..
Community Engagement & Inclusion: We were able to work beyond our building and outreach
to diverse communities in Bristol through patherships with charities, the diversifiG4tion of our
events program to attract new aUdIen￿S (Latin Project, Salsa, etc.}, offering free course spaces,
and providing support for students with carers. It emphasizes our ongoing commitment lo
accessibility and community building.
Creative Programming & Innovation.. We ￿lebrate a diverse range of courses including new
offers. Workshops, the success of the darkroom program, the innovative use of social media,
and the café's growing popularity. This underscores our commitment to staying relevant and
offering unique experiences.
Operational Excellence & Sustainability.. We continue to prioritise improvements in accessibility,
as well as good staff retention, efficient room utilisation, and the skill-share training for staff. We
are committed to continuous improvement and responsible management.
Marketing & Outreach.. We have seen the evolution of a suc￿Ssful social media strategy,
increased engagement, Bristol Bid events, the café's growing popularity and the successful flea
markets. This demonstrates our efforts to raise awareness and attract new audiences.
Financial Stability & Resour￿ Development- Finally, we continue to operate sustainably and
sensibly wilh a surplus, and ongoing efforts to build up financial reserves. It demonstrates our
responsible financial management and preparedness to invest in Ihe future.
We are supported in everything we do by a strong team of staff and volunteers without whom none of
this would be possible.
Objectives and activities
In October 2022, we published our first fomial strategy which builds on the objectives of the charity laid
out in the Articles of Incorporation dated 7th January 2019..
Our charitable objective
The charitable purposes of the Charity are to
improve the conditions of life of the inhabitants of
Bristol and surrounding districts by the provision
and maintenance of a ￿ntre for adult education,
recreation and other leisure lime occupations.
Our vision
Engaging Bristol..
to learn, make, create, appreciate

BRISTOL FOLK HOUSE
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 AUGUST 2024
Our mission
To be stimulating, engaging and inclusive
through..
Inspiring Ideas
Crealing Crafts
Celebrating Arts
Sparking Spiril
Connecting Community
Providing Opportunities
Involving You
Our slrategic themes
We want to set oul an ambitious, visible
and sustainable role today and into the
future
We want to support our existing
participants and increase the diversity of
our audience
We want to connect with communities
and partners
We want to evolve our offer
To deliver this, Ihe charity designs and facilitates educational courses and workshops, provides other
leisure activities, SoUr￿S and deploys appropriately qualified tutors and manages paid stsff and
volunteers.
The leisure activities which the Folk House hosts includes a programme of music and entertainment
events, festivals, concerts, poetry readings, lectures, comedy nights, art and craft fairs, exhibitions eto.
Events include cxjllaboration with other creative and charitable organisations across Bristol.
The environment is further enhanced by the Folk House Cafe which provides food and drink for our
students, tulors and passers-by. This is operated by the Folk House Trading Company which is wholly
owned by the charity.
In delivering its services to the public, the charity has regard to the Commission's public benefit
guidance and inlends no delrimenl or harm from its purpose to people, property or the environment.
The freehold of the Folk House site was originally purchased in 1965 for the same purposes as today.
Siluated in the centre of Ihe city, the freehold is a valuable asset of the charity and a convenient location
for its patrons.
Achievements, perfomiance and financial review
It is difficult to separate performance and finance as our business model is based on the fees paid by
our sludenls being the primary source of income. Therefore, in general terms, Ihe more beneficial adult
education delivered, the greater the income.
This year totsl income was £750k, which is a 10% increase on 22-23 up from £679k. Within this figure
the income from Gharilable activities was £737k. Expenditure of £617k reflected the increasing staff

BRISTOL FOLK HOUSE
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 AUGUST 2024
costs and otheroverheads. In comparison to 22-23 when expenditure was £593k, this is a 40/0 increase,
we've SUC￿ssfUllY increased income whilst keeping (x)sts under wntrol.
At year end, a cash balan￿ of£486k was held. within which the Trustees hold a general reserves fund
of £80k to cover ourselves in Ihe face of unforeseen events. An increase in cash position of £133k for
the financial year. The year on year conlinuingly improving financial position ensures we can move
forward with phase 2 of the Accessibiliiy Project wilh confidence.
Neither during the reporting period nor at the lime of approval were there any Un￿rtaIntieS about the
charity's ability lo continue as a going concem. During the period of reporting, no fund or subsidiary
undertaking is materially in deficit.
Reserves Policy
The trustees resetve policy is to hold a reseNe of £30k to cover any major urgent building maintenance
requirement. The trustees plan to review this policy in the coming year. At the year end the charity held
free reserves (total funds less any restricted, less illiquid fixed assets but including the designated
Contingency fund) of 221,507. The trustees acknowledge that free reserves are well above the policy
amount and expect these to reduce wilh an anticipated building project.
Neither during the reporting period nor at the lime of approval were there any Un￿rtaIntieS about the
charity's ability to continue as a going concern.
Structure, governance and management
The goveming document underwhich the charily exists is the Articles of Association Bristol Folk House,
Incorporated on 7 January 2019. The charity is constituted as a Private Limited Company by guarantee
without share capital.
The principal source offunds comes from the fees paid by students for courses and workshops as well
as other fundraising events in line wilh the charity's primary purpose. There is no corporate funding
from government sources, national or local. Thus the charity is totally financially independent.
The Board ofTrustees meets bimonthly and there is a monthly Operations Management Group meeting
comprising two trustees delegated by the Board of Trustees. The purpose of this group is lo ensure
delivery of the charitable purpose and to address matters arising from that delivery.
Trustees are recruited by advertising. No other extemal body or person is entilled to appoint a trustee.

BRISTOL FOLK HOUSE
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 AUGUST 2024
Trustees, responsibilities in relation to the financial statements
The Irustees (who are also directors of Bristol Folk House for Ihe purposes of company lawl are
responsible for preparing the Trustees. Report (incorporating the strategic report and directors, report)
and the financial statements in accordan￿ with applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable
in the UK and Republic of Ireland (Uniled Kingdom Accepted Accounling Practi￿).
Company law 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 charitable company and of the income and expenditure,
of the charitable company for that period. In preparing these financial statements, the trustees are
required to-
select suitable accounting policies and then apply ihem consistenlly.,
observe the methods and principles in the Charities SORP-
make judgments and accounting estimates that are reasonable and prudent.,
stale whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements., and
prepare the financial statemenls on the going con￿rn basis unless it is inappropriate to
presume that the charitable company will continue in business.
The Iruslees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any lime the financial position of the charitable company and enable them lo ensure that
Ihe financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitsble company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approval of Accounts
The accounts were approved on behalf of the Trustees on 19 March 2025
..by:
Matthew Bazeley-Bell
Chair of the Board of Truslees

BRISTOL FOLK HOUSE
REFERENCE & ADMINISTRATIVE INFORMATION
YEAR ENDED 31 AUGUST 2024
Company number
11752084
Charity number
1184395
Trustees
The Trustees (who are directors for Ihe purpose of company lawl who have served during the year
and since Ihe year end were as follows..
Matthew Bazeley-Bell
Marguerite Knight
Graham Knight
Robert Pepper
Richard Bretton
Isabelle Ryan
Julie Williams
Rachel Williams
Ariana Ahmadi
Chair
Vice-chair
Minute Secretary
(From 20 November 20241
(Resigned 20 November 20241
(Chair until 20 November 20241
Registered Office
40A Park Street
Bristol.
BS1 5JG
Independent Examiner
Joshua Kingslon Bsc ACA
Burton Sweet Limited
The Clock Tower
5 Fadeigh Court
Old Weston Road
Flax Bourton
Bristol BS48 1 UR

BRISTOL FOLK HOUSE
INDEPENDENT EXAMINER'S REPORT
YEAR ENDED 31 AUGUST 2024
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 August 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company lawl you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 {'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are nol required to be audited under Part 16
of Ihe 2006 Act and are eligible for independent examination, I report in respect of my examination of
your charity's accounls as carried out under section 145 of the Charities Acl 2011 {'the 2011 Act'l. In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 14515) Ib) of the 2011 Act.
Independent examiner's statement
Since the Company's gross income ex￿eded £250,000 your examiner musl be a member of a body
listed in section 145 of the 2011 Acl. I confimi that l am qualified lo undertake the examination because
l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the
listed bodies.
I have completed my examination. I confirrn that no matters have come to my attention in connection
with the examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by sectKJn 386 of the
2006 Act., or
the accounts do not accord with those records" or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a 'true and fair view which is not a matter
considered as part of an independent exarnination,. or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by Gharilies applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021.
I have no COn￿r￿S and have come across no other matters in connection with the examinalion to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Joshua Kingston Bsc ACA
Burton Sweet Limited
The Clock Tower
5 Fadeigh Court
Old Weston Road
Flax Bourton
Bristol BS48 1 UR
Date
19 March 2025

BRISTOL FOLK HOUSE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME & EXPENDITURE ACCOUNT
YEAR ENDED 31 AUGUST 2024
Unrestricted
Funds
Restricted Total Funds Total Funds
Funds
2024
2023
Note
Income from:
Donations and legacies
Charitable activities
Investments
5,899
737,403
6,578
5,899
737.403
6,578
9,142
669,814
579
Totsl income
749.880
749,880
679,535
Expenditure on:
Raising funds
Charitable activities
1,040
615,743
1,040
615,774
498
592,600
31
Total expenditure
616,783
31
616,814
593,098
Net incomellexpenditurel and
net movement in funds
133.097
1311
133,066
86,437
Total funds at start of year
15
299,957
52
300,009
213,572
Total funds at end of year
15
433.054
21
433,075
300,009
The Charity has no recognised gains or losses other than the results for the year as set out above.
All of the activities of the charity are classed as continuing.
The comparative Statement of Financial Activities can be found in note 8
The notes on page5 10 to 19 form part of these financial statements

BRISTOL FOLK HOUSE
BALANCE SHEET
AS AT 31 AUGUST 2024
Company number: 11752084
2024
2023
Note
Fixed assets
Tangible assets
Investments
136,546
133,671
10
136,547
133,672
Current assets
Debtors
Cash at bank and in hand
11
28,080
486,203
22,175
359,671
514,283
381,846
Liabiliti8$
Creditors Amounls falling
due within one year
Net current assets
12
1217,7551
296,528
1215,509}
166,337
Total assets less current liabilities
433,075
300,009
Ngt assets
433,075
300,009
Funds
Unrestricted funds
Restricted funds
16
16
433,054
21
299,957
52
Total fund$
433,075
300,009
For the year ending 31 August 2024 the charity was entitled lo exemption from audit under section 477 of the
Companies Act 2006 relating lo small companies.
Trustees responsibilities..
The members have not required the company to obtain an audit of its a¢¢ounts for the year in question in
accordance with section 144121 of the Charities Act 2011.
The members have not required the charity to obtain an audit of its financial statements for the year in question
in accordance with section 476.,
The trustees acknowledge their responsibilities for complying with the requirements of the Act wlh respect to
accounting records and the preparation of financial slalements.
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act
applicable to small companies subject to the small companies reqime and in accordan￿ with FRS102 SORP.
These financial statements were approved by the Trustees on. 19 March 2025
and are signed on their behalf by..
Matthew Bazeley-Bell
Chair of Trustees
The notes on pages 10 to 19 form part of these financial Statements

BRISTOL FOLK HOUSE
STATEMENT OF CASH FLOWS
YEAR ENDED 31 AUGUST 2024
2024
2023
Note
Net cash inflow from operating activities
13
131,861
105.942
Non-operational cash flows:
Investing activities
Payments for tangible fixed assets
Interest received on investments
111,9071
6,578
182,4401
579
15,3291
181,8611
Net cash inflowlloufflow) for the year
14
126,532
24,081
Cashflow Restrictions
Charity law prohibits the use of nel cash inflows on any endowed or other restricted fund to offset net cash
oufflows on any fund outside its own objects, except on special authority. In practice, this restriction has not had
any effect on cash flows for the year.
The notes on pages 10 to 19 form part of these flnanclal statements

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
1 Accounting policies
Accounting convention
The financial slalements have been prepared in accordance with the historical cost convention lexcepl where
othe￿iSe stated in the accounting policy note) and in accordance with the Slalement of Recommended Practice..
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 102} issued in October 2019, and the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, and the Companies Act
2006.
The Charity is a public benefit entity 8$ defined under FRS102. The Trustees Consider that there are no material
uncertainties affecting the ability of the charity to continue as a going concern. The Trustees, have considered the
national cost of living crisis and their effect on the charity and the wider economy when assessing going concem.
Income
Income from donations is included in income when these are receivable, except as follows-
l. When donors specify that donations given to the charity must be used in future accounting periods. the income
is deferred until those periods.,
11. When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such
income, the income is deferred until the pr&condilions have been met.
Expenditure
Expenditure is recognised in the period in which it is incurred. Expenditure includes allribulable VAT which
cannot be recovered.
Raising funds
Raising funds expenditure include those costs incurred in seeking voluntary contributions, Costs of goods sold and
other costs which include the costs of running and participating in fundraising events and collections and cost of
goods purchased for resale.
Charitable Activities
Charitable activity costs have been reported on a functional basis as allowed by the SORP for smaller charities.
Govemance costs
Governance costs include those costs associated with meeting the conslilulional and statutory requirements of
the charity and include the examination fees and costs linked to the strategic management of the charity.
Governance costs are included within charitable activity costs.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objects at the discretion of the Iruslees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds form part of unreslri¢led funds and have been identified as being for particular purposes by the
Trustees. They are not restricted and can be transferred lo general funds at any time at the discretion of the
Trustees.
10

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
1 Accounting policies Icontinuedl
Investments
Investments are stated at market value al the balance sheet dale. The Slalement of Financial Activities includes
the nel gains and losses arising on revaluations and disposals throughout the year. Investments in subsidiaries
are valued at cost less provision for impairment.
Tangible fixed assets
Tangible fixed assets are staled al cost le88 depreciation, which is provided at rates ¢al¢ulated to write off the
cost of fixed assets, less their estimated residual value, over their expected useful lives.
Depreciation
Depreciation is calculated so 85 to write off the c05t or valuation of an asset, less its residual value, over the
useful economic life of that asset as follows..
Plant and Machinery
Fixtures and fittings
Office equipment
Building improvements
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments ￿th 8 short maturity of
three months or less from Ihe date of acquisition or opening of the deposit or similar account.
. 5 years slraight line
. 5 years straight line
. 5 years straight line
. 20 years straight line
Debtors
Trade and other debtors are recognised at the selllement amount due after any trade dis¢ounl offered.
Prepayments are valued at the amount prepaid nel of any trade discounts due.
Creditors and provision$
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount
after allowinq for any trade discounts due.
2 Income from: Donations and legacies
Unrestricted
Funds
Restricted Total Funds Total Funds
Funds
2024
2023
Donations
Grants received
Other income
5.839
5,839
6,316
2,800
26
60
60
5,899
5,899
9,142
All income from donations and legacies in Ihe prior year was for unreslricled funds except for £2.800 received as
a grant. The charity received no such grants in 2024.

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
3 Income from: Charitable activitie5
Unrestricted
Funds
Restricted Total Funds Total Funds
Funds
2024
2023
Course fee8 and cancellation fees
Events
Room hire
Membership
Miscellaneous sales
639,485
43,065
48.345
5,910
598
639,485
43,065
48,345
5,910
598
581,046
34,230
49,038
5,223
277
737.403
737,403
669,814
All income from charitable activities in the prior year was for unreslricled funds.
4 Expenditure on- Charitable activities
Unrestricted
Funds
Restricted Total Funds Total Funds
Funds
2024
2023
Direct costs
Materials for classes
Class tutors, fees
Choir
Events costs
Outdoor space expenditure
Prospectus
Licences
Direct S818ry costs
Support costs
Premises costs
Computer and software
Cleaning & repairs
Admin salaries
Office costs
offi￿ equipment rental
Heal & light
Bank charges
Depreciation
Sundry expenditure
Professional fees
Accounting fees
Govemance costs
Independent examiner's fees
44.462
210,162
5.360
3,166
44,462
210,162
5,360
3,166
31
10,152
2,521
97.664
36,299
199,666
4,703
22,073
2,748
6,147
2,287
87,914
31
10.152
2,521
97.664
18.798
16,010
21,445
102,505
18.231
7,317
29.067
13.763
9,033
2,504
18.798
16,010
21,445
102,505
18,231
7,317
29,067
13,763
9,033
2,504
18,754
14,621
42,553
56,660
14,668
6,726
49,822
12,191
8,107
1,113
263
3,299
1.399
1,399
2.184
2,184
1,986
615,743
31
615,774
592,600
All expenditure on charitable activities in the prior year was from unrestricted funds, except for outdoor space
expenditure amounting to £ 2,748, which was restricted.
12

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
5 Taxation
The charity is exempt from corporation tax on its charitable activities.
6 Net incomellexpenditure) for the year
2024
2023
This is stated after charging:
Independenl examinerfs fees.. Independent examination
Accounts preparation
Prior year
894
1,092
180
8,107
1,200
Depreciation
9,032
7 Staff costs and numbers
2024
2023
The aggregate payroll costs were..
Wages & salaries
Social security costs
Pension contributions
197,899
12,953
3,546
179,489
12,025
3,229
214,398
194,743
No employee earned over £60,000 either in the current, or preceding year.
The average weekly number of employees during the year was 14 {2023'. 141, calculated on the basis of average
headcount.
In the CLJrrent year the trustees considered themselves and the Head of Operations, Programme Manager and
Finance Officer to be the key management personnel. Total employment benefits received by key management
personnel were £ 111.89212023.. £94,058).
13

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
8 Statement of Financial Activities comparative figures
For the year ended 31 August 2023
Unrgstricted Rgstrictgd Total Funds
Funds
Funds
2023
Income from:
Donations and legacies
Charitable activities
Investments
6,342
669,814
579
2,800
9,142
669,814
579
Total income
676,735
2,800
679,535
Expenditure on:
Raising funds
Charitable activities
498
589,852
498
592.600
2,748
Total expenditure
590,350
2,748
593,098
Net incomel(expenditure)
86,385
52
86,437
Transfers between funds
Net movement in funds
86,385
52
86,437
Total funds at start of year
Total funds at end of year
213,572
213,572
299,957
52
300,009
14

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
9 Tangible fixed assets
Plant and
Machinery
Property
Improvements
Fixtures and
fittings
Office
equipment
Total
Cost or valuation
At 1 September 2023
Additions
2,066
176
135,330
7,287
3,131
3,212
2,831
1,232
143,358
11,907
At 31 August 2024
2,242
142,617
6,343
4,063
155,265
Depreciation
At 1 September 2023
Charge for the year
At 31 August 2024
826
449
6,610
6,610
1,133
1,268
1,118
705
9,687
9,032
1,275
13,220
2,401
1,823
18,719
Net book value
At 31 August 2024
At 31 August 2023
967
129,397
3,942
2,240
136,546
1,240
128,720
1,998
1,713
133,671
10 Flxed asset Investments
2024
2023
Investment in Bristol Folk House Trading Ltd
Bristol Folk House Trading Limited {Company No. 125137341 is a wholly owned subsidiary of Bristol Folk House,
a company limited by guarantee (Company No. 117520841. A summary of the trading results for the subsidiary
for the current year is shown below. The subsidiary company provides catering services.
31 August
2024
31 August
2023
Turnover
Cost of sales
225,615
{167,6391
57,976
189,944
1150,605}
39,339
Gross profil
Adminislralive expenses
Profil on ordinary activities before taxation
140,222)
144,0341
14,6951
17,754
Shareholder's funds brought forward
Profit for the period
Dividends paid
Shareholder's funds carried foNard
14,1091
17,754
682
14,6951
1961
4,109
13,645
15

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
11 Debtors
2024
2023
Due inlgss than one year:
Trade debtors
Amounts owed by Bristol Folk House Trading Ltd
Prepayments and accrued income
3,914
5,295
4,963
11,917
24,166
28,080
22,175
12 Creditors: amounts falling dug Within on9 ygar
2024
2023
Trade creditors
Social security and other taxes
Accruals and deferred income
Other creditors
6,341
2,284
179,622
29,508
217,755
6,987
2,603
182,626
23,293
215,509
Movement in deferred income
2024
2023
Deferred income balance at 1 September
172,930
159,055
Income released
Course fees for autumn term
{172,9301
174,751
1159,055}
172,930
Total amount deferred as at 31 August
174,751
172,930
13 Reconciliation of net movement in funds to net cash inflow from operating activities
2024
2023
Statement of Financial Activities.. Nel movement in funds
133,066
86,437
Depreciation
Investment income
IDecrease)lincrease in creditors.. current liabilities
Decrease I lincrease} in debtors
9,032
16,5781
2,246
15,9051
8,107
15791
21,641
19,6641
Net cash inflowlloutnowl from operating activities
131,861
105,942
16

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
14 Analysis of Changes in cash during the y•ar
2024
2023
Change
Cash at bank and in hand
486,203
359,671
126,532
2023
2022
Change
Cash at bank and in hand
359,671
335,590
24,081
15 Movement in funds
Forthe year ended 31 August 2024
At1Sep
2023
At 31 Aug
2024
Income
Expenditure
Transfers
Restricted funds
Community Outdoor Space
fund
52
1311
31
21
52
21
Unrestricted funds
General funds
Designated funds
Contingency fund
224,957
749.880
1616,7831
358,054
75,000
75,000
299,957
749,860
616,783
433,054
Total funds
300,009
749,880
616,814
433,075
Designated fund
Contingency fund - the trustees set aside funds towards closedown expenses if required.
Restricted funds
Community Outdoor space fund - funds received to promote biodiversity. The funds were used to build a pond in
the charitls garden.
17

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
15 Movement in funds (continued)
Forthe year ended 31 August 2023
At1Sep
2022
At 31 Aug
2023
Income
Expenditure
Transfers
Restricted funds
Community Outdoor Space funi
2.800
12,7481
2,748
52
2,800
52
Unrestrlcted funds
General funds
Designated funds
Contingency fund
213,572
676,735
1590,3501
(75,000)
224,957
75.000
75,000
213,572
676,735
590,350
299,957
Total funds
213,572
679,535
593,098
300,009
16 Analysis of net assets between funds
Unrestricted funds
Designated
General
funds
funds
Restricted
funds
As at 31 August 2024
Total
Fixed assets
Other net assets
136,547
221,507
136,547
296,528
75,000
21
75,000
358,054
21
433,075
Unrestricted funds
Designated
General
funds
funds
Restricted
funds
As at 31 August 2023
Total
Fixed assets
Other net assets
133,672
91,285
133,672
166,337
75,000
52
75,000
224,957
52
300,009
17 Trustee remuneration & expenses
No remuneration or other benefits from employment were received by the Trustees or other related parties. No
expenses were claimed in the year by Trustees.
18

BRISTOL FOLK HOUSE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
18 Related party transactions
Bristol Folk House Trading Ltd
The balance of nil in debtors for 2024 {2023.. £4,963) related to a repayment of a balance owed by the Bristol
Folk House Trading Company Ltd which consisted of income received in the Company on behalf of the charity.
There are no other transactions with trustees or other related parties other than those disclosed above and as
required by the SORP elsewhere in the financial slalements.
19