2024-11-30-accounts - The Windsor Festival Society Limited

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R€turoncoandadministrative detsiBof thocharity,its tru3tees andadvissrs	1-2
Trultoor'rcport	3-7
Trustees'responaibilities statement	8
lndepondontexamino/s r€porl	9-10
Statom€nt offinancial activities	11
Balancosheet	12
Notosto thofinancialstatements

				As restated
	Unrcsticted		Total	Total
		funds	funds	funds
	Nolo	2024 e	2024 e	2023 f.
lncomefrom:
Donalions andlegacies	2	187,815	187,815	83,728
Charitable activities (lncome from events, including corporate sponsorship) lnvestments	3 4	119,439 3,183	'fi9,439 3,183	148,882 1,602
Total incomo		310,437	310,437234,212
Expondituro on:
Charitable activities:
Coslofevents		164,646	r64,646	175,181
Advertising andpublicityofevents Feslival administration andgovernance		18,229 146,805	18,229 146,805	16,187 127,107
Total expenditure	5	329,680	329,680318,475
Netoxpenditur€ beforeinvestnontgaing Netgainson investrnents	14	119,2431 17,858	(19,243) 17,858	(84,263) 4,361
l{et axpenditur6 befors otherrocognisod gains and losses		(r,385)	(1,385)	(79.e02)
Nstmovsmentinfunds		(1,38s)	(1,38s)	(79,902)
Reconciliationoffunds: Totalfunds broughtfoMard		175,817	175,817255,719
		174,432	174,432175.817
Totalfundscarriedforward

					Asrestaled
	Not6	e	2024 e		2023t
Fixedassets
lnveslments	14		170,883		150,871
Curr€nt assets
Debtors		36,755		48,763
Cashatbank and inhand		18,372		40,472
		55,127		89,235
CreditoE:amounts fallingduewithinone
year		(sr,5781		(64,289)
l{et current assets			3,549		24,946
Netassets			'174,432		175,817
Charlty Funds
Restricted funds	17
Unrestricled funds	17		174,432		175,817
Totaltunds			174,432		175,817

lncome fromdonatioN8nd legacies
			4s	reslated
	U	nrestrictod	Total	Total
		funds	funds	funds
		2024	2024	2023
		e	E	f
Donations from trusts and foundations Corporate donations		59,500 11,000	59,500 1,t,000	15,404
Donationsftomindividuals		1l't,3't5	t't1,315	65836
Legacies		6,000	6,000
Grants-PublicBodies				2,488
Total donations and legacies		'187,815	187,81s	83,728
Total2023		83,728	83,728

lncome from charitabloactivities
			As rBstated
	unre3t icted	Total	Total
	funds	funds	funds
	2024f	2024 e	2023t
Ticket sales andeventfood Corporate sponsors and advertising	82,439 37,000	82,439 37,000	111,726 37,156
	119,439	119,439	148,882
Total2023	148,882	148,882

lnvestnentincome
			As restated
	Unresticted	Total	Total
	funds	funds	funds
	2024 e	2024t	2023 E
lnvestment income-local listed investments	2,154	2,154
Bank interest receivable	1,029	1,029	1,602
	3,183	3,183	1,602
Total2023	1,602	1,602

AnalysisofExpenditur€ by expenditur€ ty	po
	Other costa	Total	Total
	2024	2024	2023
	€	E	E
Directcosts	324,866	324,866	309,432
lnterestpayable	1,714	1,714
Charitabl6 actiYitios	326,580	326,580	309,432
Expenditure ongovernance	3,100	3,100	9,043
	329,680	329,580	318,475
Total2023	318,475	318,475

Supportcosts
			Total	Total
	Governance s	Other e	2024 e	2023f
lndependent examiners'iees	1,300		r,300	3,465
Accountancy andlegaliees				4,943
lndependent examiners' ieesfor
other services	't,800		1,800	635
lnterest payable		't,714	1,714
	3,'t00	1,714	4,814	9,043
Total2023	9,043		9,043

	2024I	2023f
lndependent examiners' fees	1,300	3,465
lndependentexaminers'fee iorother services	1,800	635

Fixed asset invssEnents
		List€d
		securities
		€
Market value
At1December 2023		150,871
Additions		2,1
Revaluations		17,858
At 30 November 2024		170,883
lnvestments at market value compdse:
		2023
	2024 €	Asrssaalodf
Listed investments	170,883	150,871
All lhe fixed asset investments are heldintheUK

CroditoB:Amountsfallingduswithinoneye	ar
	2021	2023
	e	e
Trade creditors Other creditors Accrued expenses	4,578 1,850 5,150	60,189 4,100
	51,578	64,289

Statement offunds-cuF	entY6ar
							Balanceat
	Balanceat						30
	IDgcember 2023 E	lncomeExPenditutE EE		Transfels in/out s	Gains/ (Losses)t		Novembsr 2024 E
Designatsdfunds
Young Musician fund		10,000					10,000
Festival Foundation reserve	175,817			(195,829)		20,012
	't75,817	10,000		(195,E29)		20,01210,000
Generalfunds
GeneralFunds - allfunds		300,437	(329,680)195,829			12,1il1164,432
Total Unrestrictedfunds	175,a17	310,437	(329,680)			17,858174,432
Totaloffunds	175,817	310,437	(329,680)			17,858174,432
Statement offunds-prior year
							Balanceat
	Balanceat						30
	1December			Transfers		Gains/	Novembet
	2022 E	lncomeExpenditure tt		in/out	(losses) f		2023
D€signatadfunds
Festival Foundation
reserve	227,321			(55,865)		4,361	175,817
Generalfunds
GeneralFunds-alltunds	28,398	2U,212	(318,475)s5,865
Total Unrestricted tunds	255,719	2U,212	(318,475)			4,361	175,817
Totaloffunds	255,719	,*,r,	(318,475)			4,361	175,817

						Balance at
	Balance at					30
	1Docember			Transfers	Gains/	November
	2023 €	lncomoExpenditurc te		inroutt	(Lossss) E	2024 e
Designated tunds	175,817	10,000		(195,829)	20,012	10,000
Generalfunds		300,437	(329,680)	't95,829	(2,'ts1l	164,432
	175,817	310,437	(329,680)		17,858174,432
Summary oftunds-prioryear
						Balanceat
	Balanceat					30
	1December			Iransfers	Gains/	November
	2022 E	lncomeExpenditurc 2 f		in/out E	(Losses) f	2023 2
Designated tunds Generalfunds	227,321 28,398	234,212	(318,475)	(s5,865) 55,865	4,361	175,817
	255,719	234,212	(318,475)		4,361	175,817

Analysisofnetassets betweonfunds-currenlyeaa
	Unresticted	Total
	fundg	funds
	2024	2024
	€	0
Fixedasset investments Curentassets Credilorsduewilhin one year	170,883 55,127 (s1,s78)	170,883 55,'127 (s,r,s78)
	174,132	174,432

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