REGISTERED COMPANY NUMBER: Oi)931434 IEngl•nd and Wales) REGISTERED CHARITY NUMBER: 2S5901 and 30 mit L•Jhfy¥ater Acccwjntanls Limited 2 Quarry Bank Lhjhtsvaler Surrey GU185PE
Folk Cam Contents of for Ihe Peri Financk81 S ments tember 2023 to 30 Se Report ofthe TIlee9 1 to 4 Independent Ex8mlrs Rep)rt Statement of Financial ActNil statement of Financk81 P08rt)n Notes lo FlnancL41 Stat8mnts 9 to 14 Detslled St8lem8nl of Flnan¢ial A£tpiit 1S to 16
F Ikcam Soc mited rt of the T lees for the Period I mber 2 30 ter 20 The trustees who are akn dirtOrS of the charity f( the purwses the Companie5 Act 2006, present their report wilh the financi4 ststents of the chanty for the period 1 September 2023 to 30 September 2024. The tTUStees have adopted the provisKJn8 of knounting and Rewrting by Charities.. Slatenwt of Recommended Praclice aFWic8ble to charities preparing their UnIS in aCdanCe with the Financial Repofb'ng Stsndard epplicabie in the UK and Repu1¢ of Ireland IFRS 1021 leffeclive 1 January 20191. The trustees have wth their duty sedKJn 4 01 the 20C6 Charilbe8 A(# to have due regard to guidarKg publthed ty the Chanty CommwK)n. OBJECTIVES AND ACTMTIE8 Objectlvos and aim• The object of the Socknty i8 to pffjsthve for Ihe benefit of the English folk darS and songs and other folk mus, dance and song (including wrying gam881. to make them known and lo encourage the practice of them in their tradition81 fomts. Slgnlfi¢•nt odlvltl The onty significant activtty of the Scoety18 to organi80 Fo Camps thrghout the year based objectives 8fKI awns. Volunleern All Trustees and camp staff are volunte$ and I4e no n•la for thoir activRl8s on hall of the Scciety. How our adlvltlos d•llv•r publlc benefit All our charitable &tivltTh focus on promling Folk C8mps and are undertaken to further our chaTltable purpose for th8 wblic benefit. Memws attending Folk Camp5 have opportunf(ies to leam. improve and Share Ih8ir knthYkd90 and 8kill$ in folk rn. dance and song. both wr¢hin and subsequently OU.de of Folk Camps with the 91 pu1C. ACHIEVEhlENT AND PERFORMNCE Charltable activitles The So• PTovides 8 suffiaont number ol F(k Camps lo npet current demand and 18 worklng lo increa88 Ihe number of campers in order to lurthw ils 8bms and objectives. The Society strives to 8ncourage and train new volurrteer 818ff in ordw to secure its actlvitiès In the fvlure. E&h year a numter of vdunteer staff undergo extemal Irainirtg funded by the Sc¢iety. The Sc¢lety also trains new staff intemalty. vo Ihe staff apprentK rwwirr. Intsrnal and extemal fa¢tor3 Inlgrnal factors - The Truslees recognise Ihat ts 8ue¢e8s of all camps 15 dependtt its Choir of venues and facilities. rt5 effi¢r4ncy in dealing with rts nrnbs and the •biltty of its O4vn voluntary staff. Extemal factors - Camps are dependent on the g(M)lI1 of all Ih05e who provido facOllli8s for the Soc*tl8 vse. and on conditions prevailing Ilty aThJ nonalty 8t the kn'm& of camp8. Page 1
Fol Soc Limited Re ortof he Trustee5 for th Period 1 Se tembeT 2 to30 emtH 20 AcHIEVEmETr AND PERFORMANCE Post Covld The Trustees re able to run ¢pS for the third season fOlkIng ces5alion during the pandem. Cornpared to 2023. weekend camw nymbets yre dthvn, but the $umThr number of campers increased sllghtty. We were atAe to wn 4 weeks of summer camps. In vithv of the depleted re5erve$, the Trustees have continuetl to tsk& adions to reduce o¥efh&ad wsl$. FINANCIAL REVIEW Chang• of End Date of Flnanclal Year The financial year is extèrNJed by e mnth lfrrmm 31 August lo 30 Sept 20241 to 8implty administrath)n. These )Unts are a 1&mnth pericKI. However. few trans*tnS lake • in September, so the compa[nS wtth th8 previc4Js year are generalty valwj. Prlnclpal fundlng soure The main source of income ofthe S(ty18 from rts trlty oforganrsing Folk Camp$. Inv••tm•nt polScy and oble¢tlv•8 The Society's reserves are invested lo providè incCE arKI av(yd long-tem) depreciation of capital in ordef lo provide a contingency against unplann&J and unexpected costs. We expect $hort temi vol8tlllty in som8 of the investrnents, but long tem stability, h8ve lIneSsed Ihat over the ksl few yèar8. Réserv pollcy A8 a charrtabb company, thè Scthty alms lo ¢o¥er its wknlni$trative cost8 and paYnIS maintslnin9 an even lev81 of resaves al a Ve1 lo re8sonabty foresb ¢onb'ngencie5 in the long term. Should an exce$8 surplus awue. the coundl of mwyagement may using tho axces$ to invest lo further rret the obieclwes of the sccw. FUTURE PLANS The Trustees intend to reverse the bng temi decline in camp8rs through Improved markellrrfJ to further the obJ'eclNe$ of Folk Camps within the limit of its financi81 restraints. STRUCTURE, GOVERNANCE AND MANAGEMEKr Goveming documènt The charty Ss controlw by its governing docurrth, the nwmorandum and artleS of assoclation, and constitutes a limited coffoany, limrted by guarantee. as definecl by the Companies Act 2006. Ro¢rultm•nt and appobntment of new trust• Trustees 8re elected by the Goveming Membership from Iheir cr•m number. Org•nisatlonal strudure Folk Camps Society Limited is a charitab Company and as such its TnJst8es are DirectQf5 of the Company. A Chairman and a Company Secretary are appointed by the Trustees from anKsng5t their own number. Page 2
Folk Cam Sori ort of thè Trustaes f r the Period 1 Se tember 20 30 mber 024 STRUCTURE, GOVERNAIKE AND MANAGEMENT Induction and tralning ol new truste New Trustees are supplied with the infom)ation producaj by the Charity CommlssDn r81ating to TnJ8t8e ReSpSIbil"e$. Wider ngtworf( Fglk Camps Society Limited does not haNY a wor nots¥th of branch8S. Related partlos Folk Camps Society Llmited thos not have any related partles. REFERENCE AND ADMINISTRATIVE DETAILS Regi$tsr•d Company number 00931434 (England and Wales) RggiSt•rnd Ch•Ylty numb•r 255901 R8gl¥t•r•d offlc• 2 Quarry Bank L vJhtwgtar Surrey GU185PE Trustsgs P So11 A Keen ImsJgnod 25.11.231 Ms C Mycock Ms E H Coopor O E Rob*rts Ms A Colrnon (Mlgned 25.11231 M$ S Savage B J Pollard Ms H Hill (appolntod 22.1.24} MS J Hopwr lappointsd 22.1.241 8 Stokgs lappoint8d 25.11.23. reshJnod 28.9.241 Ms J Wheol•r lapFointgd 28.09.24} Indepnd•nt Examin•r Kalharin8 Sarah Har Lighfvlater A¢countants Llmited 2 Quary Bank LIghater Surey GU185PE Pa3
Fdk Cam Llmited Re rtoftheTT f T the Period 1 lees leMr 2023 to eMr This report has been prepared in accudance with the srrtal pro¥IDn$ of Part 15 of the Conynies Act 2006 relating to smau compan. Appr¢)ved ty OTtJer of the board of trustees on .. ....... . and sned on Its behaff P Self- Trustee Page 4
Inde endenl Examinerfs Re Folk Cam s Socie Limrted rttolhe Independent èxamln•f8 rei>ort to the trustees of Folk CArnP Soclety Limited IYl Compan> I report to the ch8rity Iwslees on ry exarThn8t¥)n of acc1 of the Company fcf the period I September 2023 to 30 Seplemèer 24. Responsibiliti05 and tsasl8 of rgport As the challtys trustees of the Company land also rts the purpjses of c¢Jnpany I} you are reswnsible for the preparat of the accwnts in acc181 wth the requir8nEnts of the Companie8 Act 2006 Ilhe 2006 kt.). Having 88lisfie<l myself that the accounts of the ConN)any are nol requlred to Buded under Part 16 of the 2006 Act and a eligible lor independent exarnin8t, I report in re8t of my examinatlon of your charity's accounts as carried out urM18r seCtn 145 of the Chaiits Acl 2011 Ilhe 2011 Act'l. In carrying out my examuiation I have folb)vd the Direclions gNen by thè Charity Commission under SectHJn 145ISI Ibl of the 2011 Act. Indep•ndent examlnerf• •t•t•m•rt I hÈve completed ry ex8minatKsn. I confirm that no matters have c4Jme to my atterrtlon in connection with the examinatn gmng me cause lo te.. aecounllng records were not k8Pt in re8FrfI of the Crynpany as requlred by Sectrjn 386 of the 2006 Act.. or th¢ 8ccounts do ncrt *Kcord with th¢)se fewds,. or the 8ccounts do not ccynpty WTth the &counting requirements of Se¢th 396 of the 2006 Act olhei than arty requireThnt that the Unts gNe 8 Iruo and fair vlew which Is not a matter considered as part d an indewndent exarrinalion.. or the accounts have not been ppared in accordance with Ihe methods and principles ol the Statement of Recommende(I Pr¥li¢o for aecounlino 8tKI rewting by charities lapplkable lo chartties preparing their accounts in xcordance with tho Financial Reportlng Slgndard applic8bk8 In the UK and Repuuk of Ireland (FRS 10211. I have no concerns and hÈ¥è ccrn across other matters In connectKJn wtth the oxamination lo whkh attenlbn should be drawn in thi8 reiKYt in order lo ena? a proper understanding of the aUnts to be reached. Katharine Sarah Harty LigIater Accountants Limtied 2 Quarry Bank Lighfvlater Surrey GU18 SPE Page 5
Ik Cam Statement of Financi81 ivitts Incor ratin n Inco and Ex nditure for the P riod 1 S tember 2023 to 30 S mber 2024 Period 1.9.23 lo 30.9.24 Unrestrictfjd funds Year Ended 31.8.23 Total fijnds Notes INCOME AND ENDOYMEp¥fs FROM Donatn8 and i&)acies 316 Charltable acllvttlo8 Folk Camps 128,300 126,998 Other Iraling activitles Investment inco 659 382 Total EXPENDITURE ON Raising fund8 Charltsble ctlvld•8 Folk Camps 133451 131715 Total 133459 131716 Net gain81llos8e$) on Investment8 NET INCOMEIIEXPENDITURE) 5,238 13,7391 RECONCILIATION OF FUNDS Totsl funds broughl fcThard 103.218 1C6,957 TOTAL FUNDS CARRIED FORWARD 103,218 The notes fomi part of these finanaal staterFnts Page 6
olk Ca Soc Limited Slalemenl of Finan¢ 30.9.24 Unrestricted funds 31.8.23 Total funds FIXED ASSETS Tangible assets Investments 17.144 17,606 71.606 93.661 89.212 CURRENT ASSETS Slod(s Debtors Cash at bank and in harnl 876 10,140 48.054 16,556 58.103 59,070 CREDITORS Amounts lalllng due within ong ye 10 143,3081 145,0841 NET CURRENT ASSErs TOTAL ASSETS LESS CURRENT LIABILITIES 108,4S8 103.218 NET ASSETS 103 218 FUND8 Unreslricted fund8 103 218 TOTAL FUNDS 108456 103 218 The charrtable company is enlilled lo exempb'on from alt under Se¢Yon 477 of Ihe Companles Acl 2006 for the perd ended 30 September 2024. The members have not requlred the company to obtain an 8udÉt of its finan¢581 ststements for the period ended 30 September 2024 in aCcjydan wrth sec1v 476 of the Companles Ac* 2006. corblinued...
Ik Cam emen Financial P emter 2024 nlin The tru8tees acknowledge their resrM)nsibilis for lal 8nsunng that the charitable company keeps accountin9 records that ccmpty with Sect)n$ 386 and 387 ofthe Companies Act 2cN)6 and Ibl preparing financkgl statements whh give a true and fair vithi of the state of affairs of the charitable company as al the end of financial year arnl of its surplus or dil for each financial year in accCwd8e with the requirem5 of Sect#)n$ 394 and 395 and which otherwise compty Wbth the requirements of the Companies Act 20[ rel8tsrrfJ to financial statwrts, so far as akWKable to the Chable company. These financial ststements have been prepared in 8ccordanc* wilh the provi8lon$ appllcablg to Charitab eompanies suty'ect to the small companies regim&. The fin8nclal ststenwits were approved by tho Board of Tfusteas and aulhorfsed for i88ue on .. and were sig1 on ts behair ty.. P Self- Trustee The notes fom part of these ffinancial staterTwnts Pago 8
Folk Ca Limited Notes to the Fin forthe Peri tembei 2023 to r 2024 AccouiifiNG POUCIES B••ls of preparing the financlal statèm•nts The financial ststements of the charitse crAnpany. thich is a publk effl entity under FRS 102, have been yepared in 8cwdance with the charit SORP IFRS 1021 'A¢¢ounting and Reporting by Chairties.. Slatert of Recunmended Practice applicabl8 to charTtses prepaTing their accounts in accordan th the Financial Rewting Standard applicable in the UK and Republic of IrelarKt IFRS 1021 (effective 1 January 2019)., FinancKal Reporting Standard 102 The Finanual ReportirvJ StarK18fd aFWicable in the UK aTrJ Republic of Ireland, and the Companies Aci 2CKkS. The financial statements have been prepafed under the histor1 cost ¢onventk)n, with the exception of inve6tmeftls wthich are induded at market value, as modified by the revaluation olcertaln assets. Incom• All incomo 1$ recognised in the SLement d Financial Activities once the charrty has entitlement to the funds. it Is probat48 that the incoThE will b& received and the wnounl can be measured reliabty. Rour¢# •xpend•d. allocatlon and apporOonm•rt of co•ts Expenditure is accounted for on an 8CCfuats basis and has been ¢lassifd under headings thal aggregate all cost rel8led to the category. there costs cannot be dir8Ctty attribLrted to particular headSngs they have been dkncated to a¢tiviti95 • baws consi¥lent with Ihe usé of r880urces. Tanglbl• flxed a¥••ts Deprecialion is Pfwded at the follNirq annuol rates in 0r to wrlt6 off exh 8SSat over its eslim•l¢d useful life. Planl and machlnery 10% on redIng baL Stock• Stocks 8re valued at the lower co81 and net realis&lè value. after making due allwanCe fcx Obsote and moving Taxatlon The ch8rity is exempt Irom CorP)rat tax on its chafitth acttvitigs. Fund 8ccountlng Unreslricled funds cem be in aCnIanCe with the chwilat48 obieckn at the diretIOn of thé trustees. Restrieted funds can ¢)nty be used partthLqr restricted purp)ses within the objects of Ihe tharity. Resldctions arise when spe by ts donor or when fuTrJ$ are ratsed for parti¢ular restricted PUTP05es. Continued...
Folk C Limited es to the Financial eme . contynued for Ihe Period I Se lember 2023 10 30 Se 24 OTHER TRADING ACTivrriES Period 1.9.23 Year Ended 31.8.23 30.9.24 Other income Merchandise sa 117 542 329 53 382 INVESTMENT INCOME Per 1.923 to 30.9.24 Year End 31.8.23 Deposit account interest In¥e8tmgnl Account incc*n8 685 3.812 1.130 NET INCOMEIIEXPENDITIJRE) Net incomellexFWKliture}18 81oled aftef tharglngll¢rèSitthgl.' Perlod 1.9.23 Year Ended 31.8.23 30.9.24 Depreciation- ¥ned as$6ts Page10 continued..
Limited Notes lo the Financk81 tements- (x)nlinued for tt) Per lemtrer 2023 10 30 Se TRUSTEES. REMUNERATION AND BENEFITS There were no tru$tee8' (emuneration or other benefits for ts peTit)J ended 30 Septemter 2024 Ir for the year ended 31 August 2023. It ts the policy of the charrty to relmburse In lull any expenses W0[rty incurfed by its Iwslees in connect*)n with its charitable ¥lMtw. During the per¥)d, Ihe total amunt reimbuTsed to nine trustees who seryed during the peric#J in res[1 of trav costs vm £1,40512023. £839 - nin tru$le8sI. TANGIBLE FIXED A38Ers Plant and rnachinery COST At 1 September 2023 Additions 44.411 At 30 SeFrtember 2024 DEPReciATION Al 1 September 2023 Charge for year 26.805 AI 30 SeKlember 2024 NET BOOK VALUE At 30 September 2024 At 31 August 2023 FIXED ASSET INVESTMENTS Listed inv8$tm8nt MARKET VALUE At 1 September 2023 RevalUatnS 71,806 At 30 September 2024 NET BOOK VALUE AI 30 September 2024 At 31 August 2023 Page 11 continued...
Folk Cam S¢Xi Limrt Notes lo th Financial Stalerwls- c¢)ntinued r the Peri emtei 2023 10 30 Se FIXED ASSET IMVESTMENTS - ¢ontinu•d There were no Investment a8sds outsth the UK Fixed A1 Investnts are based on Iheir value at the year end. STOCKS 30.9.24 31.8.23 Books and ThIrtS stock 876 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.24 31.8.23 Other debtor8 10. CREDITORS: AMOUMTS FAWMG DUE WTHIN ONE YEAR 30.9.24 31.8.23 Trade (x8ditor8 Deferre(I Incoff Credit8 avai18bK8 lor ff*nber5 AGGnRd exper 7.872 11,725 22,825 18.931 23,394 43.308 45.064 11. MOVEMEfrif IN FUNDS Net Trovèmènt in funds At 30.9.24 At 1.9.23 Unr•strfctsd fund• Accumulated Fund 103,218 5.238 108.456 TOTAL FUNDS 103.218 Page 12 onlinued...
Folk Cam sle Notes t the Financial Stements- nlinued for the Period 1 Se em r2023t 30Se em r 2024 MOVEMENT IN FUNDS - Gontinued Net mcwement in luNJs, jndu(kd in the atorfe are as folltY4¥S.' Inccffling ResourGes Gains and Movement in lunds Unfestrlctsd funds AcGumulaled Fund 133,786 {133,4591 4.911 5.238 TOTAL FUNDS 133,786 133.4591 4,911 C¢)mpar•tlvM for mv•m•nt In fund• N8t nwement in funds At 31.8.23 At 1.9.22 Unre8trkt•d fund Accumulated Fund 1{,957 13,7391 103,218 TOTAL FUNOS 1(6.957 103 218 Comparatlve not nkniement kn funds, in the abov8 are as folknY8'. IrK))m¥ Resource8 Gains and Movement resr¢¢8 6XFended k>s8es in funds Unrestrlcted fund• Accumulated Fund 131,342 1131.718) {3,3851 13,739) TOTAL FUNOS 3,7391 Page 13 continued...
kcam Llmited Notes lo the Financi for Period 1 terrEnts- ntinL mter 2023 to 30 Se emtw 20 12. RELATED PARTY DISCLQSURES There were no relale(I paity transactions for the perNJJ wvjed 30 September 2024. Page 14
Folk Cam s Sc¢ie iled Stslernent of Financial Activrties he Peri(xl 1 Se emtrEr 202 030 2024 Period Ended Year Ended 30.9.24 31.8.23 INCOME AND ENDOWPIEPS Donation8 andlggacles DonalK)ns Subscriptiong 24 292 330 330 316 othor tradlng a¢Ovltl•• Other incom8 Merchandise sa188 117 542 329 53 859 382 Inv•stment Incom• Deposit a¢counl interest Inves1nI Account Incon 1,130 4,497 3,646 Charltsblo aGtlvltl•• Camp8 In Unrted lthngdom Total Inc¢mlng resour¢ 133.786 131,342 EXPENDITURE Othor tradlng •¢tlvltle• Purchase5 Char5t¥bl• actlvltle• Camp expenses Insuronce EquIpThnt maintenance Printing, postsge ond statK)nery Website costs Carried forward 78,848 2,073 1.673 600 285 83.479 80,262 1,187 H8 85,532 This page does notf(Km part ofthe statutory finanual statemen15 Page 15
ie Lim Detailed Statement of F. rthePe ial Activitvs 202 to3 2024 Pericd Year ErKlod 30.9.24 31.8.23 Charitabl& actlvltl Brought forward AdminislratK)n fees- officé Contror fees 83,479 6,073 85,532 1,402 128,058 125,772 Support Go8ts Managem•nt Travel aNJ meetings 5.132 3,487 oth•r Plant and mhinery de7 1,761 1,956 Goyornart co•ts AcntanCY and legal fees soo 500 T)tsl r88ources expend•J 133459 131716 Nèt Inc¢mo11oxp•ndltur•) 327 This page does not fom pwl ofthe statutory facHI statements Pag8 16