REGISTERED COMPANY NUMBER: 00931434 (England and Wales) REGISTERED CHARITY NUMBER: 255901 ort ofthe Tr ees and Unaudited Finan ial Ststements for the Year End 30Se ember 2025 for Folk Cam ocie Limited Ll9htsvater Accountants Limited Fairlawns Sandersfield Plymtree Cullompton Devon EX15 2JZ
Folk Cam s Soci Limited Contents of the Financial Slatements for the Year Ended 30 Se tem r 2025 Page Report of the Trustees Independent Examiner's Report statement of Flnan¢ial Activities Statement of Financial Position Notes to the Financial Statements 8 to 13 Detailed Statement of Financial Activities 14 to 15
F Ikcam s Soci Limited ort of the Trustees for the Year Ended 30 Se tember 2025 The trustees who a also directors of the charity for the purposes of the Companies Act 21X)6, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Aocounting and Reporting by Charities.. Statement of Recommended Practice applicable to Gharities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) {effective 1 January 2019). The trustees have compli8d with thelr duty under section 4 of the 2006 chareS Act to have due regard to guidance published by the Charity Commission. OBJECTIVES AND ACTIVITIES Objectives and alms The object of the Society is to preseNe for the benefit of the public English folk dances and song5 and other folk music, dance and song {induding singing 9ames). to make them known and to encourage the practice of Ihem in their traditional fomis. Significant actlvltles The only significant activlty of the Society is to organise Folk Camps throughout the year based on its objectNes and aims. Volunteers All Trustees and camp stsff are volunteers and receive no remuneration for their activities on behalf of the Society. How our actlvities dellver public beneflt All our charitable activities focus on promoting Folk Camps and are undertaken to further our charitable purpose for the public benefrt. Members attending Folk Camps have opportunities to learn, improve arid share their knowledge and skills in folk music, dance and song, both within and subsequently outside of Folk Camps with the wider publi¢. ACHIEVEMENTS AND PERFORMANCE Charltable actlvities The Society provides a sufficient number of Folk Camps to meet current demand and is working to inGrease the number of campers in order to further its aims and objectives. The Society strives to encourage and train new volunleer staff in order to secure its activities In the future. Each year a number of volunteer stsff undergo external training fvnded by the Society. The Society also trains new staff internally, via the staff appronlice programme. Intèrnal and extemal factors Internal factors The Trustees recognise that the success of all camps is dependent on its choice of venues and facilities, its effiGiency in dealing with its members and the ability of its own voluntsry stsff. Extemal factors - Camps are dependent on the goodwill of all those who provide facilities for the Society's use, and on conditions prevailing locally and nationally at the time of camps. Page 1
Folk Cam s Societ Lim ed Re ort of thè Trustees for the Year Ended 30 Se lem r 2025 FINANCIAL REVIEW Princlpal funding sources The main source of income of the Socw Is from its activity of organising Folk Camps. Invastment policy and objectlves The Society's reserves are invested to provide income and avoid long-tem depreciation of capital in order to provide a contingency against unplanned and unexpected costs. We expect short term volatilty in some of the investments. bLrt long-teTh stability, and have witnessed that over the last few years. Reserrfes pollcy As a charitable company, the Society alms to cover its administrative costs and payments maintaining an even level of reseNes at a level lo meet reasonably foreseeable contingencies in the long term. Should an excess surplus a¢crue, the council of management may consider using the excess to invest to further meet the objectives of the society. FLTfuRE PLANS The Trustees intend to reverse the long-tem decline in Campers through improved marketing to further the objectives of Folk Camps Wlthin the limit of its financial restraints. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing document, the memorandum and articles of associalion, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Recruitment and appolntment of new trustees Truslees are elected by the Governing Membership from their own number. Organisatlonal structure Folk Camps SoGiety Limfied is a Charitable Company and as such ils Trustees are Directors of the Company. A Chairman and a Company Secretary are appointed by the Trustees from amongst their own number. Indu¢tlon and training of new trustees New Trustees are supplied with the information produced by the Charity Commission relating to Trustee Responsibilities. Wlder network Folk Camps Society Limited does not have a wider network of branches. Related partles Folk Camps So¢iety Limited does not have any related parti8s. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 00931434 {England and Wales) Reglstered Charity number 255901 Page 2
Folk Cam s Societ Limited ort of the Trustees for the Year Ended 30 Se tember 2 25 Registered offl¢e Fair18wns Sandersfield Plymtree Cullompton Devon EX15 2JZ Trustees Pse Ms C Mycock Ms E H Cooper {resigned 20.8.25) O E Roberts Ms S Savage B J Pollard Ms H Hill Ms J Hopper Ms J Wheeler Dr M Golding (appointed 20.8.25) Independent Examiner Kalharine Sarah Hardy Lightwater Accountants Limited Faidawns Sandersfield Plymtree Cullompton Dèvon EX15 2JZ This report has been prepared in accordance wilh the special provisions of Part 15 of the Companies Act 2006 relating to small oompanies. Approved by order of the board of Irustees on by.. and signed on Its behalf - Trustee Page 3
Inde endent Examinefs Re Folk Cam s Societ Limited ort to the Trustees of Independent examlnerfs report to the trustees of Folk Camps Soclety Llmited I'the Company'l I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025. Responsiblllties and basls of report As the charity's trustees of the Company land al$0 ffs directors for the purposes of company lawl you are responsible for the preparation of Ihe accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'i. Having satisfied myself that the accounts of the Company are not reqUId to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charrty's accounts as carried out under Section 145 of the Charities Act 2011 Ilhe 2011 ACV). In carrying out my examination I have followed the Directions given by the Chaiity Commission under Section 14515) Ib) of the 2011 Art. Independent examlner's ststement I have completed my examination. I confim that no matters have come to my attentlon in connection with the examination giving me cause to believe.. a¢counting record$ were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or the accounts do not accord th those records., or the accounts do not comply with the accounting requirem8nts of Sectlon 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 examination., or the accounts have not been prepared in accordance with the methods and principles of the Slatement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)). I have no ¢oncerns and have come across no other matters in ¢onnectlon with the examination to which attention should be drawn in this report in order to enable a proper understanding of the a¢¢ounts to be reached. Katharine Sarah Hardy Lightwater Accountants Limited Fairlawns Sandersfield Plymtree Cullompton Devon EX15 2JZ Date.. ..*fvA42•M............. Page 4
Folk Cam Socie Limited Statement of Financial Activities Incor oratin an Income and Ex nditure Accoun for the Year Ended 30 Se tember 2025 Period 1.9.23 to 30.9.24 Total funds Year Ended 30.9.25 Unrestricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 600 330 Charltable actlvlties Folk Camps 122,662 128,300 other tradlng activities Investment income 73 5,132 659 4,497 Totsl 133786 EXPENDITURE ON Raising funds Charitable actlvltles Folk Camps 132 149 133,451 Total 132,149 133,459 Net gains on investments 4,911 NET INCOMEI(EXPENDITUREI (1,555) 5,238 RECONCILIATION OF FUNDS Totsl funds broughl forward 108,456 103,218 TOTAL FLINDS CARRIED FORWARD 106,901 108,456 The notes fomi part of these financial statemenls Page 5
Folk Cam s Socle Limf(ed Statement of Financial Posf(ion 30Se tember 2025 30.9.25 Unrestrfcted funds 30.9.24 Totsl fvnds Notes FIXED ASSETS Tangible assets Investments 16,486 43,622 17.144 76,517 60,108 93,661 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 868 16.556 40,679 17,860 76,328 95.056 58.103 CREDITORS Amounts falling due within one year 10 {48,283} {43,308) NET CURRENT ASSETS 46,793 14.795 TOTAL ASSETS LESS CURRENT LIABILITIES 106,901 108,456 NET ASSETS 106,901 108,456 FUNDS Unrestricted funds 11 106,901 108,456 TOTAL FUNDS 106,901 108,456 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025. The members have not required the company to obtaln an audit of its financial statements for the year ended 30 September 2025 in aGcordance with Section 476 of the Companies Act 2006. The notes fomi part of these financial ststements Page 6 Continued...
Folk Cam s Societ Limited Statement of Finan 30Se tember 2025 I Position - continued The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounts'ng records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the stste of affairs of thé charitable company as at the end of each flnancial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which othetwise comply wth the requirements of the Companies Act 2006 relating to financial slatemenls, so far as applicable to the charitable company. These financial slatements have been prepared In accordan with the provlsions applicable to charitable companies subject to the srnall companies regime. The financial statements were approved by the Board of Trustees and authori$ed for issue on ..FY..Iw.uAI4...&0.£6........ and were signed on its behalf by.. Poll nJ5tee The notes form part of these financial statements Page 7
Folk Cam s Societ Limited Notes to the Financial Statements for the Year Ended 30 Se tember 2025 ACCOUNTING POLICIES Basls of preparlng the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charfties SORP (FRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 200S. The flnancial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. Income All income is recognised in the Statement of Flnancial Activities once the charity has entitlement lo the funds, it is probable that the income will be received and the amount can be measured reliably. Resources expended, allocatlon and apportlonment of costs Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery 1 Oyo on reducing balance stocks StoGks are valued at the lower of cost and net realisable value, after making due allowan for obsolete and slow movlng items. Taxation The charity is exempt from corporation tax on its charitable actNities. Fund accounting UnStriCted funds Can be used in accordance wtth the chartsble objectives at the discretion of the trustees. Restrlcted funds Can only be used for particular restricted purposes wlthin the objects of the charity. Restrictions arise when specthed by the donor or when funds are raised for particular restricted pUOSe8. Page 8 contlnued...
Folk Cam s Soael Limited Notes to the Financial Statements- continued forthe Year Ended 30 Se tember 2025 OTHER TRADING ACTIVITIES Period 1.9.23 Year Ended 30.9.25 30.9.24 other income Merchandise sal8S 48 25 117 542 73 659 INVESTMENT INCOME Period 1.9.23 to 30.9.24 Year Ended 30.9.25 Deposit account interest Investment Account Income 1,371 3,761 685 5,132 NET INCOMEI{EXPENDITURE) Net incomellexpenditure) is stated after chargingl(crediting)'. Period 1.9.23 to 30.9.24 Year Ended 30.9.25 Depreciation - owned assets 1,832 1,761 Page 9 continued...
Folk Cam Socie Limited Notes to the Financial Statements- continued forthe Year Ended 30 Se tember 2025 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefts for the year ended 30 September 2025 nor forthe period ended 30 September 2024. Trustee5' expenses It Is the policy of the charity to reimburse in full any expenses properly incurred by its trustees in connection wf(h its charitable activities. During the period. the total amount reimbursed to nine trustees who served during the period in respect of travel wsts was £92712024: £1,405 - nine trustees). TANGIBLE FIXED ASSETS Plant 2nd machinery COST At 1 October 2024 Additions 45,710 1.174 At 30 September 2025 46,884 DEPRECIATION At 1 October 2024 Charge for year 28,568 1,832 At 30 September 2025 30,398 NET BOOK VALUE At 30 September 2025 16.486 At 30 September 2024 17,144 Page 10 Continued...
Folk Cam s Socie Limited Notes to the Financial Statements - continued for the Year Ended 30 Se tember 2025 FIXED ASSET INVESTMENTS Listed investment MARKET VALUE At 1 Oclober 2024 Disposals Révalualions 76,517 135,0221 2,127 At 30 September 2025 43,622 NET BOOK VALUE At 30 September 2025 43.622 At 30 S8Ptember 2024 There were no investment assets outslde the UK. Fixed Asset Investments are based on their value at the year end. STOCKS 30.9.25 30.9.24 Books and T-shirts stock 868 868 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.25 30.9.24 other debtors 17,860 Page 11 continued...
Folk Cam s Soci Limfced Notes to the Financial Ststements- continued for the Y ar Ended 30 Se tember 2025 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.25 30.9.24 Deferred income Credits available for members Accrued expenses 19,815 25,543 2,905 16,931 23,394 2,983 43,308 11. MOVEMENT IN FUNDS Net movement in funds At 1.10.24 At 30.9.25 Unrestricted funds Accumulated Fund 108,456 (1,5551 106,901 TOTAL FUNDS 108,456 106,901 Net movement in funds, included in the above are as follows.. Incoming reSourS Resources expended Gains and Movement losses in funds Unrestrlcted funds Accumulated Fund 128,467 (132,1491 2,127 {1.555} TOTAL FUNDS 128,467 132.149 Comparatives for movemont in funds Net movement in funds At 30.9.24 At 1.9.23 Unrestricted funds Accumulated Fund 103,218 5,238 108,456 TOTAL FUNDS 103,218 5,238 108,456 Page 12 continued...
Folk am s Soci Limit8d Notes to the Financial Statements- continued for the Year Ended 30 Se tember 2025 11. MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follow$-. Incoming ReSoUrS Gains and Movement resource5 expended losses in funds Unrestrlcted funds Accumulated Fund 133,786 (133.4591 4,911 5,238 TOTAL FUNDS 133 786 11 RELATED PARTY DISCLOSURES Ther8 were no related party transactions for the year ended 30 September 2025. Page 13
Folk Cam s Societ Limited Detailed Statement of Flnancial Activities for the Year Ended 30 Se lember 2025 Period 1.9.23 to 30.9.24 Year Ended 30.9.25 INCOME AND ENDOMIENTS Donatlons and legacles Donations Subscriptions 190 410 330 600 330 Other tradlng activilles other income Merchandise sales 48 25 117 542 73 659 Investment Income Deposit account interest Investmenl Account income 1,371 3.761 685 3,812 5,132 4.497 Charitable activities Camps in Untted Kingdom 122,662 128,300 Total Incomlng resources 128,467 133,786 EXPENDITURE Other tradlng activitles Purchases Charitable activitles Camp expenses Insurance Equipmenl maintenance Printing, postage and stationery Website costs Carried foward 81,994 1,072 2,170 429 229 85,894 78,848 2,073 1,873 600 285 83,479 This page does not form part of the ststulory financial statements Page 14
Folk Cam s Socie Limited Detailed Statement of Financial Activities f r the Year Ended 30 Se tember 2025 Period 1.9.23 to 30.9.24 Year Ended 30.9.25 Charllable actlvltles Brought foward Administration fe85 - office Contractor fees Grants to individuals 85,894 2,987 36.803 625 83,479 6,073 36,506 126,309 126,058 Support costs Management Travel and meetings 3,508 5,132 other Plant and machinery depreciation 1,832 1,761 Governanca costs Accountancy and legal fees 500 500 Total resources expended 132,149 133,459 Net lexpendilureylncome 327 Thls page does not form part of thg statutory finan¢lal statements Page 15