2020-12-31-accounts

	Page
ReferenceandAdministrativeDetails	1
ReportoftheTrustees	2to	8
ReportoftheIndependentAuditors	9to	12
StatementofFinancialActivities	13
BalanceSheet	14to	15
CashFlowStatement	18
NotestotheCashFlowStatement	17
NotestotheFinancialStatements	18to	28
DetailedStatementofFinancialActivities	29to	30

					2020	2019
		Unrestricted	Restricted	Endowment	Total	Total
		funds	funds	fund	funds	funds
	Notes	£	£	£	£	£
INCOMEAND
ENDOWMENTSFROM
Donationsandlegacies	3	530,532	18,509		547,041	480,67?
Charitableactivities	8
Ticketsales		28,358			26,358	723,202
Otherincome		43,098			43,098	62,325
Othertradingactivities	4	5,006			5,006	513,936
Investmentincome	5	181,078			191,078	181,350
Total		796,072	16,509		812,581	1,941,490
EXPENDITUREON
Raisingfunds	7	257,482	-	-	257,482	359,880
Charitableactivities	8
Festivaldelivery		424,038	21,861	-	445,899	1,529,211
Total		681,520	21,881	-	703,381	1,889,071
NET
INCOMEZ(EXPENDITURE)		114,552	(5,352)	-	109,200	52,419
RECONCILIATIONOF
FUNDS
Totalfundsbroughtforward		169,778	5,352	-	175,130	122,711
TOTALFUNDSCARRIED
FORWARD		284,330	-	-	284,330	175,130

					2020	2019
		Unrestricted	Restricted	Endowment	Total	Total
		funds	funds	fund	funds	funds
	Notes	£	£	£	£	£
FIXEDASSETS
Tangibleassets	13	43,856			43,858	41,848
CURRENTASSETS
Debtors	14	31,361			31,361	80,745
Cashatbankandinhand		781,400	27,788		809,188	443,858
		812,781	27,788		840,549	524,600
CREDITORS
Amountsfallingduewithinone
year	15	(572,287)	(27,788)		(800,075)	(391,118)
NETCURRENTASSETS		240,474			240,474	133,484
TOTALASSETSLESS
CURRENTLIABILITIES		284,330			284,330	175,130
NETASSETS		284,330			284,330	175,130
FUNDS	17
Unrestrictedfunds:
FestivalFund					267,815	189,778
ImaginationFund					18,515
					284,330	189,778
Restrictedfunds						5,352
TOTALFUNDS					284,330	175,130

		2020	2019
	Notes	£	£
Cashflowsfromoperatingactivities
Cashgeneratedfromoperations	1	374,058	8,643
Netcashprovidedbyoperatingactivities		374,055	8,843
Cashflowsfrominvestingactivities
Purchaseoftangiblefixedassets		(8,722)	(8,497)
Netcashusedininvestingactivities		(8,722)	(8,497)
Changeincashand cashequivalents
inthereportingperiod		385,333	148
Cashandcashequivalentsatthe
beginningofthereportingperiod		443,855	443,709
Cashandcashequivalentsattheend
ofthereportingperiod		809,188	443,855

1,	RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATINGACTIVITIES	RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATINGACTIVITIES	RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATINGACTIVITIES	RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATINGACTIVITIES
			2020		2019
			£		£
	NetIncomeforthereportingperiod(aspertheStatementof
	FinancialActivities)		109,200		52,419
	Adjustmentsfor;
	Depreciationcharges		6,512		4,908
	Decrease/(increase)indebtors		43,384		(39,189)
	lncrease/(decrease)increditors		208,059		(9,493)
	Netcashprovidedbyoperations		374,055		8,843
2,	ANALYSISOFCHANGESINNETFUNDS
		At1,1,20	Cashflow	At	31,12,20
		£	£		£
	Netcash
	Cashatbankandinhand	443,855	385,333		809,188
		443,855	385,333		809,188
	Total	443,855	365,333		809,188

DONATIONSANDLEGACIES
	2020	2019
	£	£
Greenbeltangels	433,003	402,147
Donationsandfundraising	97,529	30,879
Environmentallevy	-	4,539
Trustgreenbelt	16,509	23,112
	547,041	480,677

OTHERTRADINGACTIVITIES
	2020	2019
	£	£
Partnersandassociates	-	165,862
Sponsorship	-	72,450
Greenbelttrading	5,008	100,517
Tradingandcatering	-	124,480
Other income	-	45,079
Yearroundevents	-	5,768
	5,006	513,936

NOTESTOTHEFINANCIALSTATEMENTS-continued	NOTESTOTHEFINANCIALSTATEMENTS-continued	NOTESTOTHEFINANCIALSTATEMENTS-continued
FOR	THEYEARENDED31DECEMBER2020
5,	INVESTMENTINCOME
			202©	2019
			£	£
	NESTincome		191,078	181,350
6,	INCOMEFROMCHARITABLEACTIVITIES
			2020	2019
		Activity	£	£
	Ticketincome	Ticketsales	26,358	723,202
	Otherincome	Otherincome	43,038	82,325
			69,458	785,527
7,	RAISINGFUNDS
	Raisingdonationsandlegacies
			2020	2019
			£	£
	Directfundraisingcosts		10,459	10,097
	Supportcosts		20,374	21,887
			30,833	31,784
	Othertradingactivities
			202©	2019
			£	£
	NESTexpenditure		122,981	125,308
	Tradingcostsandcostsof	goodssold	9,850	112,877
	Yearroundevents		13,929	4,959
	Supportcosts		79,889	84,952
			226,849	328,098
	Aggregateamounts		257,482	359,860

SUPPORTCOSTS
	Other
	£
Raisingdonationsandlegacies	20,374
Othertradingactivities	79,889
	100,283

			2020	2019
	Raising
	donations	Other
	and	trading	Total	Total
	legacies	activities	activities	activities
	£	£	£	£
Wages	12,700	49,796	62,496	55,378
Socialsecurity	1,102	4,323	5,425	4,730
Pensions	724	2,839	3,563	3,351
Otheradministrativecosts	5,848	22,§31	28,779	43,160
	20,374	73,889	100,263	106,610

	2020	2019
	£	£
Depreciation-ownedassets	6,512	4,908
Hireofplantandmachinery	122,981	125,308
Other operatingleases	9,850	112,877
Auditorsremuneration	3,600	4,200
Operatingleases	148,000	148,000

	2020	2019
	£	£
Wagesandsalaries	231.816	205,413
Socialsecuritycosts	20,124	17,548
Otherpensioncosts	13,216	12,432
	235,393	235,393
Theaveragenumberofemployeesduringtheyearwasasfollows:
	2020	2019
Administration	8	8
Noemployeesreceivedinexcessof£60,000.
	2020	2019
	£	£
Keymanagementcompensation,remunerationandbenefits	139,367	153.141

13,	TANGIBLEFIXEDASSETS
		Fixtures
		and	Computer
		fittings	equipment	Totals
		£	£	£
	COST
	At1January2020	50,991		50,991
	Additions	5,532	3,190	8,722
	At31December2020	56,523	3,180	59,713
	DEPRECIATION
	At1January2020	9,345		9,345
	Chargeforyear	5,459	1,053	6,512
	At31December2020	14,804	1,053	15,857
	NETBOOKVALUE
	At31December2020	41,719	2,137	43,856
	At31December2019	41,848		41,648
14,	DEBTORS;AMOUNTSFALLINGDUEWITHINONEYEAR
			2020	2019
			£	£
	Tradedebtors		2,730	30,778
	Otherdebtors		-	848
	Prepaymentsandaccruedincome		28,631	49,121
			31,361	80,745
15,	CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR
			2020	2019
			£	£
	Tradecreditors		28,020	18,147
	Socialsecurityand othertaxes		21,181	40,083
	Othercreditors		1,055	2,944
	Accrualsanddeferredincome		549,819	329,962
			600,075	391,118

			2020	2019
			£	£
Withinoneyear			148,000	148,000
Betweenoneandfiveyears			111,000	272,548
			259,000	420,548
MOVEMENTINFUNDS
		Net	Transfers
		movement	between	At
	At1.1.20	infunds	funds	31.12,20
	£	£	£	£
Unrestrictedfunds
NESTFund		68,097	(68,097)
FestivalFund	169,778	48,455	51,582	287,815
ImaginationFund			16,515	16,515
	189,778	114,552		284,330
Restrictedfunds
TrustGreenbelt	4,628	(4,626)
EnvironmentalLevy	726	(726)
	5,352
TOTALFUNDS	175,130			284,330

	Incoming	Resources	Movement
	resources	expended	infunds
	£	£	£
Unrestrictedfunds
NESTFund	191,078	(122,981)	88,097
FestivalFund	604,094	(558,539)	46,455
	796,072	(681,520)	114,552
Restrictedfunds
TrustGreenbelt	18,SOS	(21,135)	(4,828)
EnvironmentalLevy		(726)	(726)
	16,503	(21,881)	(5,352)
TOTALFUNDS	812,581	(703,381)	109,200

		Net	Transfers
		movement	between	At
	At1.1.19	infunds	funds	31.12.19
	£	£	£	£
Unrestrictedfunds
Generalfund	122,711		(122,711)
NESTFund		56,042	(58,042)
FestivalFund		(8,975)	178,753	189,778
	122,711	47,087		189,778
Restrictedfunds
TrustGreenbelt		4,828	-	4,828
EnvironmentalLevy		728		728
	-	5,352	-	5,352
TOTALFUNDS	122,711	52,419	.	175,130

	Incoming	Resources	Movement
	resources	expended	infunds
	£	£	£
Unrestrictedfunds
NESTFund	181,350	(125,308)	58,042
FestivalFund	1,732,489	(1,741,484)	(8,975)
	1,913,839	(1,888,772)	47,067
Restrictedfunds
TrustGreenbelt	23,112	(18,488)	4,826
EnvironmentalLevy	4,539	(3,813)	728
	27,851	(22,299)	5,352
TOTALFUNDS	1,941,490	(1,889,071)	52,419

		Net	Transfers
		movement	between	At
	At1.1.19	infunds	funds	31.12,20
	£	£	£	£
Unrestrictedfunds
Generalfund	122,711		(122,711)
NESTFund		124,139	(124,139)
FestivalFund		37,480	230,335	287,815
ImaginationFund			16,515	18,515
	122,711	181,819		284,330
TOTALFUNDS	122,711	181,819		284,330

	Incoming	Resources	Movement
	resources	expended	infunds
	£	£	£
Unrestrictedfunds
NESTFund	372,428	(248,289)	124,139
FestivalFund	2,337,483	(2,300.003)	37,480
	2,709,911	(2,548,292)	161,619
Restrictedfunds
TrustGreenbelt	39,821	(39,621)	-
EnvironmentalLevy	4,539	(4,539)	-
	44,180	(44,160)	.
TOTALFUNDS	2,754,071	(2,592,452)	181,819

DETAILEDSTATEMENTOFFINANCIALACTIVITIES
FORTHEYEARENDED31DECEMBER2020
	2020	2019
	£	£
INCOMEANDENDOWMENTS
Donationsandlegacies
Greenbeltangels	433,003	402,147
Donationsandfundraising	97,529	30,879
Environmentallevy	-	4,539
Trustgreenbelt	16,509	23,112
	547,041	460,677
Othertradingactivities
Partnersandassociates	-	185,882
Sponsorship	-	72,450
Greenbelttrading	5,006	100,517
Tradingandcatering	-	124,460
Otherincome	-	45,079
Yearroundevents	-	5,768
	5,006	513,938
Investmentincome
NESTincome	191,078	181,350
Charitableactivities
Ticketincome	26,358	723,202
Otherincome	43,098	82,325
	89,456	785,527
Totalincomingresources	812,581	1,941,490
EXPENDITURE
Raisingdonationsandlegacies
Directfundraisingcosts	10,459	10,097
Othertradingactivities
NESTexpenditure	122,981	125,308
Tradtngcostsandcostsofgoodssold	9,850	112,877
Yearroundevents	13.929	4,959
	148,760	243,144
Charitableactivities
Supportcosts	250,938	288,850
Carriedforward	250,938	286,850

DETAILEDSTATEMENTOFFINANCIALACTIVITIES FORTHEYEARENDED31DECEMBER2020
	2020	2013
	£	£
Charitableactivities
Broughtforward	250,938	286,850
Governancecosts	24,305	28,218
Festivaldelivery	64,876	872,978
Festivaloperationscosts	63,239	227,278
Festivalcontent	16,341	248,194
Festivalmarketing costs	3,857	34,215
Otherfestivalcosts	171	34,213
Volunteersupport	311	8,430
Trustgreenbeltexpenditure	21,135	18,488
Environmentallevy	726	3,813
IrrecoverableVAT	-	(7,462)
	445,899	1,529,211
Supportcosts
Other
Wages	§2,496	55,378
Socialsecurity	5,425	4,730
Pensions	3,563	3,351
Otheradministrativecosts	28,779	43,160
	100,263	108,819
Totalresourcesexpended	703,381	1,889,071
Netincome	109,200	52,419