Charity Rggistration No. 1188959 DEVIZES ARTS FESTIVAL (1188959) TRUSTEES. REPORT AND AUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
DEVIZES AR TS FESTIVAL LEGAL AND ADMINISTIU TJVE INFORAU TION Trustees- Mr V M¢Namara Mrs J Edwards Mrs C GOod"n-FIgeS Mr G Batten Ms G Neil Mrs P Morgan Mr J 8radford Mrs D Junghanns Mrs L Holmshaw Ms M Jackson Mrs K Campbell Mr M A McQuiad Mr A Woc4Jison S•cr•tsry.' Mrs C G¢>>Jwin-Fues Ch•rlty nUrnr. 1188959 Page 2
DEVIZES AR TS FESTIVAL TRUSTEES, REPOR T For The Year Ended 31 August 2025 The trustees present their report and accounts for th• ar endod 31 August 2025 Th@ accounts h3v8 bgon prepar•d in actordan¢e with the accounting pollcieg s@t out in noté 1 to the 0nts and comply with the charity's governing document, the chaftb.es Act 2011 and the Ststement of Recommended Practti. "Accounting and Rewrtin9 by Charities" issued in March 2005. Stw¢turo, gov8manc• and man•g•rn•nt The charity was estsblished by a Charitable trust deed on 14 January 2000. The trustees who served during the year were.. Mr V McNamara Mrs J Edwards Mrs C GoodwIn-FeJ Mr G Batten Mr A Woodison Ms G Neil Mrs P Morgan Mr J Bradford Mrs D Junghanns Mr5 L Holmshaw Ms M Jackson Mrs K Campbell Mf M A McQuaid The Irustees have assessed the major risks to which th• chanty is éxpomd, and ar• satssfied Ihal systems ore In place to miligat• •xpo$ur• lo tha major risks. The Iruslees review the level ol reserves to ensure the continuation of the feslNal in the future. A target Ve1 h8s b8en sat equivalent to a minimum of the total antiapaled annual cost of tha festival, and a maximum of vo years anticipated costs. Tru•t¢M' r••pon•lblllty lor th• •¢¢ount• Charity law requires the trustees of the festNal to prepare slatements of a¢Unt for eaGh financial year which give a true and fair view of the state of affairs of tho fosttval and of its Incoming rosourc8s and application of resources for that period. In preparing those financial ststements, the trustees are required to.. 4eleet suitable 8e¢ounting policies and appty them consistently", -make judgments and estimates that are reasonable and prudent., -lo prepare the financial statements in accordance with the methods and principles sel out in the Stslemenl ol Recommended Practice Accounting and Reportjng by Charities and to slate whether or not the accounts have been prepared in accordance wlh that statement and applicable accounknng slandards." -prepare the financial stslernenls on the going cnncem basis unless tt is inappropriate lo presume that the festival will contsnue in operation. The trustees are responsible for keeping proper a(xounting records, w#hi¢h a suffirienl to show and explain the Festival's tran5action5. and to disclose wth reasonable accuracy. at any time, the h'nancial position of the Festival, and to enable them to 8nsure Ihal any statements of account compty the requirements of the Pag¢ 3
DEVIZES AR TS FESTIVAL TRUSTEES, REPOR T For the Year Ended 31 August 2025 Charity IAccounts and Reports) Regul8tion$ 2C08. They are also responsible for safeguarding th8 asset5 of the festival 8nd taking rea80nable steps for the prevention detect# offraud and olh8r irreguL4rits95. Obloctlv•• and aclvltl•• The tharity's oti•d3 ar• lo adv¥n¢o th¥ ¥On of the put4ic in Ihe atts and In particular, but ty)t exclusively, by the organisln9 018n annual ans fesiivol in Oevlz8s and the surroundlng area. Tho trust•8s hgvo paid due regard to guidan¢e isd by the Charty Commiwon in d8eaing 01 activitiés tha thaNty should undertake. 2025 Rwl•w Lel'i $lart with a leok back al th18 summerf8 f8sbv81. In $hort, it went 11. To exp9nd Slightly. il w•nl very well IndeeL1. To gxp8nd a bit rnore.. it wanl so 11 Ihat for almost a fortnight nobody mentloned the words"heath and 8afety' "budget 8hortfall", or Ivho'J stolen all th0 1•8 ba98 this b"m•?'_ whth my81 some sort of record. Even our ongoing skimil8h ¥¥Sth Winshir• Council over roadside signs didn'l manage to derail things. We mad8 full usè tsf t concessions Valiant won last yfrar by lo¢al hero Georg• Batt•n. though we still had lo scale back our presence around town. That p•rtwl•i 9• co)ts"nu•$, $0 rf •nyon• h•r• hopp•n$ lo know o o)undllor, do fevl free lo mention it- polittsly. of cour8•. A f•w hffjhlighl$ $land out. K•th Brymor Jone8 fill•d the Com Exthang• and chamod everyone in ihe proc&$s - giving a passionate and he8rtfdl talk about pottery. ¢ro8liwty, and family. Tnje lo form. thére were a few tears (his not ours), which only made the evening more genuSne and rnernoralje. Dame Maggi8 Aderin-PocK)ck look us on a whi611e-slop lour ol the univ•rs•. managing lo make •slrophysics t¢)th understandable and fun- èvèn if Shè didn't hang around aftewwards. Kikl 8rtd C8miek) Sh1¢ us onc ag8ift tho1 real mu86c4anship doesn't need backing tracks gimmicks, and the Shertock Holmes play was suth a hrt Ihol several audience membe suggested we il on again next year. (We probabty Dn't. but rt's ni¢x lo tre asked.) Beyond those headline events. th• prografflrne delivered on our goal of offering somethlng for evwgng- from comedy with Mark Watson, to music from the Julian Coslello Quart8t and Balh Male Choir. lo walks and the ¢v?r-popular F Fringe. W? tri•d $omelhin9 new- some saw rt 44 o brt of 4 ri•k lor an Artg F•Btiv•l to •pon•or s•ri•s of artistic workshops but Ih•y w•r• all aw•som•. So thaV$ som•thing w• 4ft lo do more Of goin9 forward. Likewise, lor tne first time In many years our leslival goi Involved Wih an auual art exhlbitbn bui thanks lo Bryony and While Chalk, Ihal nI realty 11 loo. 11 ¥Yas good to see w fac athgsido old favountes. and we ev8n spottod the odd young P8Tson al some events. As aN¥ays, Jean and l owe a huge dobt of thanks to our trusty volunt¢ors- 01 1$ il voluntry trust- who kept everything wnning smoothly and theerfylly. Partilar Ihank$ to Danny and his n*j team. who seem able lo make even the trickiesl venues behave. Also lo Ida and Dave Mcconnell- a massivo amount of their lime and supm. we re.18uncheil our website this year vAlh a new dewgn and stye. Oo let us know al you thought ol it. Thanks also lo our sponsors. especially Wiwshire Wgatth managent. and not forgetting D8vize5 Town Council, Devizgs Books. While Chalk Gallery, The Wharf Theatre, and all those local businesses who conlinv& to support us. Page 4
DEVIZES AR TS FESTIVAL TRUSTEES'REPORT For the Year Ended 31 August 2025 Financially, we more or less hekj our own. We kept to our polw of keeping licket prices as low 85 possible, which continues to make the accounts h)ok ex¢itingly unpredictable. Il's skn'll the right thing lo do. a good year, a strong programme, and a reminder that the arts are alive and well in Devizes. My thanks lo the committee, the Friends, and everyone who helped or attended. Let's do it all again nexi June. Bul before that. let's do it all again next month. Hope to see you all at our autumn tt)mety night- Simon Evans. Sharp suit. Sharpef tongug. Buy e8rty, before the committee takes all the tickets. Vincent McNamara Devttes Arts Festival c(ChaIr 21 October 2025 J¢an Edwards Devyzes Arts Feslival co£hair 21 October 2025 Page 5
DE VIZES AR TS FESTIVAL INDEPENDENT EUMINER'S REPOR T TO THE TR USTEES OF DEVIZES AR TS FESTIVAL I report on the accounts of the charty for the year ended 31 August 2025 whh are sel out on pages 7 to 14. Re•¢t1V• rnfjpon•lbllftlM of tnMt•M and •xamln•r The charity's trustees are responsible for Ihe preparatson of the accounts. The charity's trustees consider that an audit is not required for this year under sectbon 14412) of the Charitses Act 2011 Ilhe 2011 Acll and that a independent examination is needed. It is my responsibility to.. 111 examine the accounts under Sect 145 of the 2011 Act.. lill to follow the procedures laid down in Ihe general Direction$ given by the Charity Commlsslon under section 1451Sllbl of the 2011 A¢t.' and liiil to state whether partscular matters havo come to my attenb'on. 8asl• of Independent exarnlnerf• roport My examSnalKsn was carried out In accordance with general Directions given by the Charity CommissK)n. An exarninalion includes 8 review of the accountr.ng records kept by the charity and a comparison of the accounts presented with those fecords It also includes consideration of any unusual items or dlsckjsures In the ac¢ounl$, and seeking explanations Irom you as Irusleas ¢onceming any such rnatter5. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opin¢on 1$ given as to whether the accounts present a'true and fair vMv' and the reFQrt 1$ limited to those matter$ Set out in the ststemenl below. Ind•pendl •x•mln•rfs 8tat•ment In connection wth my examination, no matter hag come to my attention.. 18) That gives me reasonable cause to believe Ihal in any material respect the reqU1ments.. To keep accounting Tecofds in accordance wrth section 130 of the 2011 Act., and To prepare accounts which accord wrth the a¢counkn"ng r•cords and compty with th¢ a¢Munling requirements ol the 2011 Acl; have not been met,. or (bl To which, in my opinion, attenlK)n should be drawn in order to enable a proper understsnding of the Accounts lo be reached. Richard Hopkins 61 Avon Road Devtres SN10 1PS Signalure..-........................ Page 6
DEVIZES AR TS FESTIVAL STA TEME T OF FIN"ANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOU,VT For Year Ended 31 August 2025 2025 2024 Not Incomln resources from DonalionslGrants Sptsnsorship Investment Inme •nerated fund• 12.361 7.350 7.038 10.350 71 Incoming r••ourc•8 from ch•ritsbl• actlvltl•• 53.254 38,041 Total Incornlng resource• RosourceB expendod Charltabl• •etlvltl•8 Fest+val costs Governance costs Other Expenditure 69,906 2.079 60,191 1,575 Total r••ourc•• expended Not Incom• for tho ymrl N•t mov•m•nt In lund• la) Fund balances at 1 September 2024 116.370 124.857 Audit Over accrued Prior Year Adiuslment 250 -150 AdJu8t•d Rotalned Eamlng* (bl 116.620 124,707 Fund balances at 31 August 202qa+b) Page 7
DE VIZES AR TS FESTIVAL BALANCE SHEET As At 31 August 2025 2025 2024 Not•• InvMtm•nts 13 Low Risk MPS Defensive Portfol 92,801 £87,833 Investment Revaluation ReseNe -22,801 -£17,833 FSxed A•••t• 14 Aecm N•1 Net 2024 Curr•nt ••ut• 202S 2024 16 Cash al bank and in hand. HSBC Oeblors Prepayments 47,334 47,788 50,960 48,967 Total Assels Page 8
DE VIZES AR TS FESTIVAL BALANCE SHEET (CONT) As At 31 August 2025 2025 2024 Credltors: amounts f•lllng du? wlthln on• y•ar 16 Incom• In Advanc• 17 3,160 2,098 Accruals 18 Currnnt Llabllltle• 3.360 2,S97 Total A•••ts I Curr•nt Li•bllill•• UnT8slrtled funds The a¢coun15 were approved by the Trustee8 on 21 October 2025 Vincent McNam8ra Devvzes Arts FestNal thhaIr Jean Edwards Devizes Arts Fe$ts"val cTrChair Tony Woodison Devizes Arts Fests'val Treasurer Pag¢ 9
DEVIZES AR TS FESTIVAL NOTES TO THE ACCOUNTS For The Year Ended 31 Augusr 2025 Aceountlng pollclos B•818 of preparatlon The accounts have beèn prepared under the hk8lorul cost Convention. The accounts hav8 been prepared in aCcOrdare with applicable accounts.ng stsndards. the Stslement of Recommended Pract, "Accounting and Reporting by Charitw" issued in March 2005 and the Chanlies Ac12011. Donitlon• 2025 2024 Frlends subscripllons11 Sept 2024 to 31 Aug 2025) Donation5 Grants reeeivablts 3.316 5,240 3,800 2,963 158 Frl•nd• of th• F••tlval As al 31 August 2025, th• numbèr of $ubsenb8d fri•nds stood at 254, 66 moré than thé previou$ year. The actual value of subscription5 reGeived at that date amounted to £3.810. However, as the fests'va5 (Summer and Aulumnl falls across M financlal years. 50% of 2024125 subscdptions are carried forward to the followlng year and 50% txought forward from 2023r24. Grants r•c•lvabl• for cor• actlvlll•8 Unrestricted ftinds.. Devizes Town Council Benefrt 3,806 3.918 Local Aulhority Grants DgvYes Town Council allows the Festival use of Town Counal venues for perfomian¢o$, free of charge during the festival and at reduGed rates at other tsmes. These amounts have been quantified with the benefft shtywn under Grants recervable and the expense under tho levant headings. Page 10
DEVIZES AR TS FESTIVAL NOTES TO THE ACCOUNTS (Continued) For The Year Ended 31 August 2025 Actlvltl88 for gonoratlng lund8 2025 2024 Event sponsors 10,350 InvMtm•nt Ineom• Bank Interest Incomlng rn8ources from charltabl• •ctlvlll•8 Fe$llval Ilckel sales Total rnsourcu •xpondod 2025 2024 Chirttable •ctlvltl•8 Festival costs. Activities undertaken directly (Note 7) Dep¢ration (Note 9) 69,906 60,191 Gov•rnanca costs (Not• 8) 2.079 1,575 Pagell
DEVIZES AR TS FESTIVAL NOTES TO THE ACCOUNTS (Continued) For The Year Ended 31 August 2025 Actlvltl•8 undertaken dlrectty 2025 2024 Asts Fees an Costs Sound and lighting Venues Security Event Other C061s Liability Insurance Launch Party Programme & Web8lte Oesign Programme BrcKhure Pnnting Publicity and Advertising Box Office and Telephone costs 44,493 9,14S 4A06 983 36,136 10,694 4,168 381 324.01 1.431 361 2,420 1.483 713 3129 20 3,231 51 Gov•rnane• Colts 2025 2024 Govémance Costs comprise.. Independent Examiner Admin Expenses Licences Purchases Credit Card Cost Bank & PayPal Charges AGM Costs 200 499 266 432 362 167 153 200 379 226 225 234 159 152 Oth•r Expondftur• 2020 2024 In-Ye8r Depreckqts'ofi 10 Frultl••s Payments IExp•ndltur• ¥Ath R•tsm or B•n•fftl There were no Fruitless paents. 11 None of thg tru5te95 lor any pgrsons connected with them) received any rernuneralion during the year. Page 12
DEVIZES AR TS FESTIVAL NOTES TO THE ACCOUNTS (Continued) For The Year Ended 31 August 2025 12 Employoe8 There were no employees dunng the year. 13 Inv•8tm•nts £70,000 was Invested on 14 July 2014 in a low nsk investment portfolio wth Inveslec Wealth. Movements in valuation, as al 31 August each year, are not aled through the Income and Expenditure Account but are taken 10 the Investment Reserve on the 8alance Shoet. 2025 2024 Balance as at 1 September Addrtions 87,833 80,443 Appreciation l- Deprecb81ion 4,968 Balance as al 31 August 14 Flx•d A•8•t• IDeprn¢lat•d ov•r 6 yurn) Gro•• A¢cum Dep NBV 2025 NBV 2024 All Fixed A55e15 have been deprwated and accounted for through the Income & Expenditur• AGcounL 7.984 7,984 Page 13