2023-01-31-accounts - Hexham Abbey Festival Of The Arts

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Trustees’ Annual Report for the period

From 01/02/2022 To 31/01/2023

Charity name: Hexham Abbey Festival of the Arts

Charity registration number: 1184685

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To encourage and promote amongst members of the public knowledge, understanding and appreciation of the arts, primarily but not exclusively, music.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Three concerts of varying musical genres held during the Hexham Abbey Festival, September 21-24 2022.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have had regard to the guidance as set out in Charity Commission documents PB2 and PB3

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38	Volunteers made a significant contribution to the Festival, both in terms of Front of House (ticket/programme sellers, stewards, etc.) and set-up and clear-up for the concerts.
Other		The management committee of the Festival consists of the trustees, and sundry other volunteers with specialist skills, such as marketing/promotion and technical ability.

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Festival of three well-attended concerts providing the opportunity for the general public to experience a variety of musical forms. Following COVID, the Festival has successfully returned to its main objective of providing an understanding and appreciation of the arts, especially music. In addition, the Festival welcomes visitors to the town, thus benefiting local businesses and contributing to the town’s aims in promoting tourism.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	A successful festival was delivered.
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Balance of >£9000 in Bank
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	To prepare for a successful, and possibly more adventurous, Festival in future years
Amount of reserves held	Para 1.22	>£5000
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Currently, there are no uncertainties

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Donations and ticket sales
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46	Sustained poor attendance
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	By unanimous invitation from current trustees. Trustees are selected in order to maintain a skill set commensurate with delivering the aims and objectives of the charity.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Hexham Abbey Festival of the Arts
Other name the charity uses	None
Registered charity number	1184685
Charity’s principal address	Parish Centre Beaumont Street Hexham Northumberland NE46 3NB

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Charles Richard Snow	Trustee, Chair
Denis McCaldin	Trustee
Martin John Hughes	Trustee
James Curtis	Trustee
CraigJohn Wills	Trustee	Resigned Apr 2022

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s)

Position (eg Secretary, Chair, etc)

Date

Charity Name			No (if any)
Receipts andpayments accounts				CC16a
For the period from	Period start date	To	Period end date

Section A Receipts and payments

to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £ 2,502 12,150 8,279 1,562 - - - - 24,493 - - - 24,493 11,471 1,273 1,650 200 496 - - - - 15,090 - - - 15,090 9,403 - - 9,403	Last year to the nearest £
	-	2,502	-
	-	12,150	-
	-	8,279	-
	-	1,562	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	24,493	-

	-	-
	-	-	-
	-	-	-

	-	24,493	-

	-	11,471	-
	-	1,273	-
	-	1,650	-
	-	200	-
	-	496	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	15,090	-

	-	-
	-	-
	-	-	-

	-	15,090	-

-	-	9,403	-
-	-	-	-
-	-	-	-
-	-	9,403	-

Section B Statement of assets and liabilities at the end of the period

Details Cash at Bank Details None Details None Details None Details None *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ - - - - OK to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Restricted funds Restricted funds Amount due (optional)	to nearest £ Endowment funds
		-
		-
		-
		-
		OK
		to nearest £ Endowment funds
		-
		-
		-
		-
		-
		-
		Current value (optional)
		-
		-
		-
		-
		-
		Current value (optional)
		-
		-
		-
		-
		-
		-
		-
		-
		-
		When due (optional)
None	-
	-
	-
	-
	-

Signed by one or two trustees on behalf of all the trustees

Signature

Date of Print Name approval