|||||Page|| |---|---|---|---|---|---| |Report ofthe|Trustees|||to|6| |Report ofthe|Independent
Auditors|||6 to|9| |Consolidated|Statement ofFinancial|Activities||10|| |Consolidated|Statement oflanancial|Position|||| |Charitable
Company Statement ofNnandal|||Position|12|| |Consolidated|Statement ofCash Flows||||| |Notes to the|Statement ofCash Flows||||| |Notes to the|Finandal Statements|||15 to|27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||&uxt|on Arts Festival limited|on Arts Festival limited|||||| |---|---|---|---|---|---|---|---|---|---|---| ||||Consolidated|Statement ofFinancial||A|i|'
s||| ||||forthe|Year|Ended 310
aber|2023||||| ||||||||||2023|2022| ||||||Unrestricted|Restricted|||Total|Total| ||||||funds|||funds|funds|funds| ||||Notes||E|||E|E|E| |INCOME AND|ENDOWMENT5||FROM|||||||| |Donations
and|legacies|||3|649,622||169,672|||1,059,101| |Charitable
activities||||6||||||| |Public sector grants|||||140,069||||140,069|163,740| |Other trading
activities
Investment
mcome||||4
5|985,080
3,223||||9&9,680
3~|862,503
299| |Total|||||1,777,994||174,272||1,952+66|2,0&5,643| |EXPENDITURE|ON|||||||||| |Charitable
activities||||||||||| |Charitable
donations
Festiva
I costs|||||1~~8||267,601||1,635,139|125,000
1,510,037| |Other||||&|104465|||5,988|110~3|129,769| |Total|||||1,471W3||273,589||1,745392|1,764,806| |NET INCOME|||||306,191||(99317)||206474|320,837| |Transfers between||funds||19|(61,184)|||61,184||| |Net movement|ln funds||||245,007||(38,133)||206474|320,837| |RECONCIUATION
OF FUNDS||||||||||| |Total funds brought||forward|||546487||116,648||662,935|342,098| |TOTAL FUNDS|CARRIED FORWARD||||791494|||78515|8692I09|662,935| ## ||||||2023|2022| |---|---|---|---|---|---|---| ||||Unrestricted|Restncted|Tote I|Total| ||||funds|funds|funds|funds| |||Notes|E|E|E|E| |FIXED ASSETS||||||| |Tangible assets||13|164,628||164,628|162,713| ||||164,628||164,628|162,713| |CURRENT ASSETS||||||| |Stocks||15||||860| |Debtors||16|406918|||303,128| |Cash at bank and|in hand||3572I54|78415||409,357| ||||764,172|78415||713,345| |C REDIT0RS||||||| |Amounts
falhng due within one year||17|(128829)||(118,429)|(176,748)| |NET CURRENT ASSETS|||645,743|78,515||536,597| |TOTAL ASSETS LESSCURRENT UABILmES|||810371|78,515||699,310| |CREDITORS||||||| |Amounts
falling due after more than one year||18|(19,077)||(19,077)|(36,375)| ||||791494|78,515|8692RF3|662,935| |FUNDS||20||||| |Unrestricted
funds|||||791~|546,287| |Restricted funds|||||78,515|116,648| |TOTALFUNDS|||||869~|662,935| ## |ha '|nt|Finandal|Position||| |---|---|---|---|---|---| ||31October 2023||||| |||||2023|2022| ||Unrestricted||Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes|E|6|E|6| |POLED ASSETS|||||| |Tangible assets|13|164,628||164,628|162,713| |Investments|14|1||1|1| |||164,629||164,629|162,714| |CURRENT ASSETS|||||| |Stocks|15||||860| |Debtors
Cash at bank and in hand|16|377,662
353~|78415|377,662
432459|308,222
348,806| |||731,006|78,515|809,521|657,888| |CREDITORS|||||| |Amounts
falhng due within one year|17|(85,570)||(85,570)|(121,599)| |NET CURRENT ASSETS||645836|78,515|723,951|536,289| |TOTAL ASSETS LESSCURRENT UABIUTIES||810,065|78,515||699,003| |CREDITORS|||||| |Amounts
falling due after more than one year|18|(19,077)||(19,077)|(36,375)| |||790388|78,515|869403|662,628| |FUNDS|20||||| |Unrestricted
funds||||790,988|545,980| |Restricted
funds||||78,515|116,648| |TOTAL FUNDS||||869,503|662,628| ## ||||n|lidated 5|ment of|h Flows|| |---|---|---|---|---|---|---|---| ||||for|the Year Ended 31October 2023|||| |||||||2023|2022| ||||Notes|||6|E| |Cash flows from|operating|activities|||||| |Cash generated|from operations|||||47~5|201,448| |Interest
paid||||||(115)|(423)| |Net cash provided
by operating
activities||||||47,230|201,025| |Cash flows from|investing|actMties|||||| |Purchase oftangible
fixed
Interest recenied||assets||||(6,143)
3~|(3,423)
299| |Net cash used m investing||activities||||(2820)|(3,124)| |Cash flows from|Rnandng|activities|||||| |Loan repayments|in year|||||(17~8)|(17,526)| |Net cash used in|financing|activities||||(17,298)|~17,526)| |Change
in cash and cash equivalents|||in the||||| |reporting
perfod||||||27,012|180,375| |Cash and «ash equivalents||at the beginning|||||| |ofthe reporting|period|||||409,357|228,982| |Cash and cash equivalents||at the end|of||||| |the reporting
period||||||436~9|409,357| ## |||forthe Y
r E
310
ob|forthe Y
r E
310
ob|forthe Y
r E
310
ob|er 2023|||| |---|---|---|---|---|---|---|---|---| |L|RECONQLIAllON|OF NET INCOME TO NET CASH FLOW FROM|||OPERAT)NG|ACTIVlllES||| ||||||||2023|2022| ||||||||E|E| ||Net income for the||reporting|period (as per the Statement of|Financial|||| ||Activities)||||||206474|320,837| ||Adjustments
for:
Depreciation
charges||||||4~|4,034| ||Interest recerved||||||(3,223)|(299)| ||Interest
paid||||||115|423| ||Decrease in stocks|||||||243| ||Increase
in debtors||||||(103,190)|(216,610)| ||(Decrease)/increase||in creditors||||JSSP19)|92,820| ||Net cash provided||by operations||||47@45|201,448| |2.|ANALYSIS OF CHANGES IN NET FUNDS|||||||| ||||||At 1/11/22||Cash flow|At 31/10/23| |||||||E|E|E| ||Net cash|||||||| ||Cash at bank and in||hand||409,357||27,012|436969| ||||||409357||27,012|436,369| ||Debt|||||||| ||Debts falling due withm 1year||||(17,412)|||(17,412)| ||Debts falkng due after 1year||||(36,375)||17498|(19,077)| ||||||(53,787)||17398|(36,489)| ||Total||||355,570||44310|399~| ## ## ## ## ## ## ## ## ## ## ## ||DONATIONS|AND|LEGACIES|||| |---|---|---|---|---|---|---| ||||||2023|2022| ||||||E|E| ||Donations||||777+71|694,595| ||Legacies||||42~3|364,506| ||||||819494|1,059,101| ||DONATIONS|||||| ||||||2023|2022| ||||||E|E| ||Gift Aid||||13„rRIS|2,577| ||Sundry Donations||||222,083|189,472| ||Friends of Buxton||international|pestwal|215,000|243,000| ||Foyle Foundation||Grant|||20,000| ||Theatre Tax Credit||||248,127|234,710| ||Outreach||||59A76|1,336| ||Syndicates||||18PHJD|3,500| ||||||777,071|694,595| |4.|OTHER TRADING ACTIVmES|||||| ||||||2023|2022| ||||||E|E| ||Festival income||||961,670|830,701| ||Sponsorships||||28AILO|31,802| ||||||989,680|862,503| |5.|INVESTMENT|INCOME||||| ||||||2023|2022| ||||||E|E| ||Deposit account interest||||3~3|299| ## ## ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| ||||||Actlvhy|||f|f| |||||||Public sector grants||140,069|163,740| ||Grants received, included|||in the||above, are as follows:|||| |||||||||2023|2022| |||||||||f|f| ||Arts Council|Exchequer||||||122,208|137,208| ||Derbyshire|County Council||||||2W1|4,532| ||Orchestras|live|||||||7,000| ||I-ligh Peak Borough Counol||||||||15,000| |||||||||140,069|163,740| |7.|CHARITABLE||ACllVITIES COSTS||||||| ||||||||Direct|Support|| ||||||||Costs|costs|Tata Is| ||||||||f|f|f| ||Festival costs||||||1,629,541|5498|1W5,139| |8.|OTHER EXPENDITURE||||||||| |||||||||Governance|| |||||||Management|Finance
f|costsf|Tote Is
E| ||Postage and||stationery|||116|||116| ||Advertismg|||||80,183|||| ||Sundries|||||7318|||7318| ||Travel costs|||||11A59|||2tr459| ||Recruitment
Depreoation||expenses|||1,066
4~|||2/I66
4/28| ||Bank charges||||||2,033||2,033| ||Interest payable||||||115||115| ||Audit fees||||||||| |||||||104970|2,148||| |9.|NET INCOME/(EXPENDITURE)||||||||| ||Net income/(expenditure)|||is|stated after charging/(crediting):||||| |||||||||2023|2022| |||||||||f|f| ||Auditors'
remuneration|||||||8,060|7,026| ||Depreciation||—owned assets|||||4228|4,034| ## ## ## ## ## ## ## |STAFF COS|TS||||| |---|---|---|---|---|---| |||||2023|2022| |||||E|E| |Wages and|salaries|||309,596|203,098| |Social security costs||||20,747|19,868| |Other pension costs||||4369|4,747| ||||||227,713| |The average|monthly|number ofemployees|during the year was as follows:||| |||||2023|2022| |Full-time
Equivalent-Admin||||8|7| ## ||||Unrestricted|Restricted|Tots
I| |---|---|---|---|---|---| ||||funds|funds|funds| ||||E|E|E| |INCOME AND ENDOWMENTS||FROM|||| |Donations|and legaoes||884,651|174,450|1,059,101| |Charitable|acthrities||||| |Public sector grants|||162,070|1,670|163,740| |Other trading
activrties|||862,503||862,503| |Investment|income||299||299| |Total|||1,909,523|176,120|2,085,643| ## ## ||Not
tothe Finandal Statements - con in
forthe Year Ended 31October 2023|Not
tothe Finandal Statements - con in
forthe Year Ended 31October 2023|Not
tothe Finandal Statements - con in
forthe Year Ended 31October 2023||| |---|---|---|---|---|---| |12.|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||||| ||||Unrestricted|Restncted|Total| ||||funds|funds|funds| ||||E|E|E| ||EXPENDITURE ON||||| ||Charitable
activities||||| ||Other||125,000||125,000| ||Festival costs||1,443,032|67,005|1,510,037| ||Other||129,769||129,769| ||Total||1,697,801|67,005|1,764,806| ||NET INCOME||211,722|109,115|320,837| ||Transfers between|funds|50,105|(50,105)|| ||Net movement
in funds||261,827|59,010|320,837| ||RECONQUATION
OF FUNDS||||| ||Total funds brought|forward|284,460|57,638|342,098| ||TOTAL FUNDS CARRIED FORWARD||546,287|116,648|662,935| |13.|TANGIBLE AXED ASSETS||||| ||||Long|Computer|| ||||leasehold|equipment|Tata Is| ||||6|E|E| ||COST||||| ||At 1November
2022|||26,012|222448| ||Additions|||6,143|6,143| ||At 31October 2023|||32,155|228491| ||DEPRECIATION||||| ||At 1November
2022||46,436||59,735| ||Charge for year||||4328| ||At 31October 2023||46,436|17,527|| ||NET BOOK VALUE||||| ||At 31October 2023||150,000|14,628|164,628| ||At 31October 2022||150,000|12,713|162,713| ## ## ## |2023|2022| |---|---| |E.|f| ## ||||||||Company|Class|ofshares|| |---|---|---|---|---|---|---|---|---|---|---| ||||||||number|||Holding| ||Buxton Festival Productions|||Limrted|||09500088||Ordinary|| |15.|STOCKS|||||||||| ||||||||||2023|2022| ||||||||||E|E| ||Stocks|||||||||860| |16.|DEBTORS:AMOUNTS|FALUNG|||DUE WITHIN ONE YEAR|||||| |||||||Group|Group||Charity|Charity| |||||||2023|2022||2023|2022| |||||||E|E||E|E| ||Trade debtors|||||38,930|5,731||38,673|5,731| ||Other taxation and social security|||||71,713|21,195||71,713|21,195| ||Amounts
owed by group||undertakings||||||258,353|279,403| ||Other debtors|||||284,197|253,961|||| ||Prepayments
and accrued|||income||11,478|22,241||8,923|1,893| |||||||406418|303,128||377,662|308,222| |17.|CREDITORS: AMOUNTS||FALUNG DUE WITHIN ONE YEAR|||||||| |||||||Group|Group||Charity|Charity| |||||||2023|2022||2023|2022| |||||||E|E||E|E| ||Other loans (see note
Trade creditors|19)||||17,412
9~|17,412
43,339||17pt12
9~|17,412
23,417| ||Social security and other||taxes|||5577|10,008||5,565|9,995| ||Other creditors|||||29+46|74,168|||45,385| ||Accruals and deferred|income||||56371|31,821||53370|25 390| |||||||118,429|176,748||85,570|121,599| |18.|CREDITORS: AMOUNTS||FALUNG DUE AFTER|||MORE THAN ONE|YEAR|||| ||||||||||2023|2022| ||||||||||E|E| ||Other loans (see note|19)|||||||19,077|36,375| ## ## ## |An analysis ofthe maturit|y
ofloans is given below:||| |---|---|---|---| |||2023|2022| |||E|E| |Amounts
falling due within one year on demand:|||| |Other loans|||17,412| |Amounts
falling between|one and two years:||| |Other loans - 1-2years||17,412|17,412| |Amounts
falkng due between two and five years:|||| |Other loans -2-5 years||1,665|18,963| ## |MOVEMENT|IN FUN|DS||||| |---|---|---|---|---|---|---| |||||Net|Transfers|| |||||movement|between|At| ||||At 1/11/22|in funds|funds|31/10/23| ||||E|f|E|E| |Unrestricted|funds|||||| |General fund|||545,981|306,191|(61,184)|790,988| |Subsidiary
Company||Reserves|306|||| ||||546,287|306,191|(61,184)|791,294| |Restrl*ed funds||||||| |Music Series|||2,500|(55,633)|53,133|| |Oratorio
Young Artists|Program||1,426
13~1|25,096||1,426
38927| |Young instrumentalists||Program|14,000|||14WO| |Platf'orm 3|||13,726|(8,464)||5+62| |April
ln Your|Eyes||71400|(71400)||| |BIFRoadshow|||565|(4,066)||| |Core Costs||||7,500||7~0| |Cendrillion
/Touring||||||| |Four 20||||5,000||5,000| |Carmen||||2,000||2,000| |webslte||||5,000||5,000| |Super Monday||||||| |Book Festival||||(4550)|4,550|| |La Sonnambula||||||| ||||116,648|(99827)|61,184|78,515| |TOTALFUNDS|||662,935|206+74||| ## ## |||Incoming|Resources|Movement| |---|---|---|---|---| |||resourcesf|expended
E|in funds
E| |Unrestricted|funds|||| |General fund||1,777,994|(1~72W3)|306,191| |Restricted funds||||| |Music Sel'ies||2,200|(57~3)|(55433)| |Young Artists|Program|35,150|(10454)|| |Platform 3
April ln Your|Eyes|3,000
54~|(llvt64)
(126,100)|(BPI64)
(71+00)| |BIFRoadshow
Core Costs||1,922
15,000|(5988)
(7,500)|(4AI66)
7~| |Cendrillion/Touring|||(19,000)|| |Four 20||5,000||5,000| |Carmen||2,000||2,000| |Website||5,000||5,000| |Super Monday||27,500|(27~)|| |Book Festival
La Sonnambula||2,000
1,600|(6850)
(3~)|(4850)| |||174772|(273~)|~99@17)| |TOTAL FUNDS||1,952,266|~1,745992)|206474| ## ## |||||Net|Transfers|| |---|---|---|---|---|---|---| |||||movement|between|At| ||||At 1/11/21|in funds|funds|31/10/22| ||||E|f|E|E| |Unrestricted|funds|||||| |General fund|||284,154|(67,681)|50,105|266,578| |Subsidiary
Company||Reserves|306|279,403||279,709| ||||284,460|211,722|50,105|546,287| |Restricted funds||||||| |Music Series|||2,500|||2,500| |Oratorio|||16,000|(14,574)||1,426| |Donna De Lago|||6,500|(6,500)||| |Young Artists|Program||11,638|1,593||13,231| |Young Instrumentalists||Program|5,000|9,000||14,000| |Platform 3|||10,000|13,726|(10,000)|13,726| |April
tn Your|Eyes||6,000|65,200||71,200| |Gypsy||||20,000|(20,000)|| |BIFRoadshow||||10,500|(9,935)|565| |Core Costs||||7,500|(7,50D)|| |Transport||||2,670|(2,670)|| ||||57,638|109,115|(50,105)|116,648| |TOTALFUNDS|||342,098|320,837||662,935| ## ## ## |||||Incoming|Resources|Movement| |---|---|---|---|---|---|---| |||||resources|expended|in funds| |||||6|6|E| |Unrestricted||funds||||| |General fund||||1,909,523|(1,977,204)|(67,681)| |Subsidiary|Company||Reserves||279,403|279,403| |||||1,909,523|(1,697,801)|211,722| |Restrfcted|funds|||||| |Oratono||||12,000|(26,574)|(14,574)| |Donna De|Lago|||3,500|(10,000)|(6&00)| |Young Artists||Program||21,750|(20,157)|1,593| |Young Instrumentalists|||Program|9,000||9,000| |Platform 3||||24,000|(10,274)|13,726| |April
ln Your||Eyes||65,200||65,200| |Gypsy||||20,000||20,000| |BIFRoadshow||||10,500||10,500| |Core Costs||||7,500||7,500| |Transport||||2,670||2,670| |||||176,120|(67,005)|109,115| |TOTAL FUNDS||||||| ## ## ## ## ##