Company Registration Number- 00995728
The Charity Registration Number is :_ 500687
STOKE-ON-TRENT FESTIVAL LIMITED
Trustees Annual Report and Accounts
Year Ended 30 June 2024

STOKE-ON-TRENT FESTIVAL LIMITED
Report and accounts for the year ended 30 June 2024
Contents
Page
Income and Expenditure account
Balance Sheet
Notes to the account8
Independent Accountant's Roport

STOKE-ON-TRENT FESTIVAL LIMITED
statement of Financial Activities for the year ended 30 June 2024
SORP
Ref
Currènt year
Unre5trictsd
Fund
Current year
Restricted
Funds
Current year
Endowment
Fund5
Current y•ar
Total Fund5
Prior Year
Total Funds
2024
2024
2024
2024
2023
Income
In¢ome & Endowments from:
Donations and legacies
Charitable a¢livilies
Other trading activities
Investments
Separale malerial item of Inwme
Other
S01
161.167
97.592
161.167
97,592
122,468
105,017
S02
S03
S04
3,800
228
S05
S06
Totsl incom8
S07
262,559
262,559
227.713
Expenditure
Expendltura on:
Raising funds
Charitable aclivilles
Separate material expense item
Other
S08
S09
S10
246.403
246,403
242,377
S11
Total expondlture
S12
246,403
246,403
242,377
Net Ineomel{expènditurèl before
tax for the reportlng perfod
S13
16,156
16,156
114,664)
Tax payable
N81 Incomellexpenditure) after tax
before investment gainslllosses)
S14
S15
Nel gainsl{losses) on investrnents
S16
Net Incomel(expendlturel
Extraordinary Items
Transfors botween funds
Other recognlsed galnsl{108ses)
Gains and10s$8s on revaluation of
fixed asselsfor the charity's use
Other gainsl(losses)
Net movement In funds
S17
16.156
16.156
(14,6641
S18
S19
S20
S21
S22
16.156
16,156
(14,664)
Reconclllatlon of funds:.
Total funds brought forward
S23
72,713
72,713
87.377
Total funds carrled forward
S24
88,869
88,869
72.713

STOKE-ON-TRENT FESTIVAL LIMITED
Balance Sheet as at 30June 2024
SORP
Notes Ref
2024
2023
Flxed assets
Intangible assets
Tangible assets
Heritage assets
Investments held as fixed assets
Social inveslrnenls
Total fixed assets
A1
A3
A4
Curr8nt assets
Stocks
Debtors
B1
B2
62.947
18,767
Investments held as cuffent assets
Cash at bank and in hand
Total current assets
Creditors: amounts fallirtg due within
one year
B3
B4
148.793
211,740
207,683
226,450
C1
(122,871)
{153,737)
Net current assets
88.869
72.713
Creditors: amounts falling due after more
than one year
Provisions for contingent assets
Net assets
C2
C3
88,869
72,713
Defined benefit pension scheme
assets
The total net assets of the charlty
88,869
72,713
The total net assots of the charlty are funded by the funds of tho charity, as follows:_
Details of
Restrlcted fund8
Restricted Revenue Funds
Restrlcled Fixed Assel Funds
Restricted Revaluation Reserve
25,000
25.000
D2
D4
25.000
25.000
Unrestrfcted Funds
Called up share capital
Share premium
Unrestricted Revenue Funds
D3
63.869
47,713
Unrestricted Revaluation Reserve
63,869
47,713
Designated Funds
Designated Revenue Funds
Designaled Fixed Asset Funds
D3
D3
Penslon reserve
D5
Total charity funds
88.869
72.713

The company was entitled to exemption from audit under s477 of the Companies
Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance
with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the
requirements of the Companies Act with respect to accounting records and the
preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable
to small companies subject to the small companies regime and in accordance
with FRS102 SORP.
Date of
approval
ddlmmlyyy
Signed by one or two Irusteesldirectors on behalf of
all the trusteesldirectors
Print Name
24/45 3
ate
ddlmmlyyy
Slgnature of director authenticating accounts being
sent to Companies House
Signature
112>
Print nama

STOKE-ON-TRENT FESTIVAL LIMITED
Notes for the year ended 30th June 2024
1 Accounting policies
Policies relatlng to the production of the accounts.
Basls of preparatlon and accountlng conventlon
The accounts have been prepa￿d on the accruals basi8, under the historical cost convention. and in accordance with the
Financial Reporting Standard 102, (effective 1 st January 2016) and FRS 102 SORP (Statement of Recommended Practice
forAccounting and Reporknng by Charilies) 2015 (as amended by the Bulletin issued in February 2016) published by the
Charity Commission in England & Wales (CCEW) .effective January 2016, (The SORP}. and in accordance wilh all
applicabl8 law In thé charity's jurisdictÉon of registration. excepi that the charity has prepared thé financlal st8temènts in
accordance with the FFIS 102 SORP {Staiement of Recommended Practice for Accounting and Reporting by Charilies)
2015 (as amended by the Bulletin Issued In February 2016) in preferonce lo Ihe previous SORP, the SORP 2005. whlch
has been wlthdrawn. nO￿lthstandIng the fact Ihal the extant statutory regulations. th8 Charities (Accounts and Reports)
Regulalions 2008 refer expllcitly to the SORP 2005. This has been done to a¢¢ord wtth current best pr8Cti¢e.
2 Llability to taxation
The Trustees consider that the charity satisfies the tests set oul in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK
corporation tax Purposes. Accordingly, the Charily is potentially exempt from taxation in respect of income or capltal gains
recelved wlthin cal8gorl8s covered by chapt8r 3 part 11 of th8 Corporatlon Tax Act 2010 or Sactlon 256 of th8 Taxatlon of
Chargeabla Gains Acl 1992. to the extenl that such income or gains are applled èxcluslvèly on tha spacific charStabl8
objects of the charity and for no olher purpose. Value Added Tax is not recoverable by the charSly, and is th8refore included
in the relevant costs in the Stst8ment of Financial Activities.
3 Wlndlng up or dlssolutlon of the charlty
If upon wlndlng up or dlssolution of the Charity there remain any assets, after Ihe satisfa¢iion of all debts and Ilablllties, ihe
assets represenled by the accumulated fund shall be transferred to some other chariiable body or bodies having 5irnilar
objects to the charity.
4 Staff costs and emoluments
Numbers of full tlme employees or full time equlvalents
2024
2023
The average number of toial staff employed in th8 year was
The average number of part tlme staff employed in the year was
The average number of full time staff employed in the year was
The estimated full time equivalent number of all staff employed in the year was
The estlmated equlvalent number of full tlme staff deployed In dlfferent actlvltles In the year was...
Engaged on charitsble activities
Engaged on publlcity activities
Engaged on fundraising activltles
Engaged on management and administration
The estlmated full time equlvalent number of all staff employed as above
5 Debtors
2024
2023
Debtor8
18,767
6 Creditors: amounts falling due wlthin one year
2024
2023
Credilors
153,737

STOKE-ON-TRENT FESTIVAL LIMITED
Detailed analysis of income and expenditure for the year ended 30 June 2024 as required by the SORP
This analysis is classif led by conventional nominal descriptions and not by activity.
7 Donations and Legacies
Current year
Current year
Current year
Prlor year
Unrestricted
Restricted
Total
Total
Fvnd5
Funds
Funds
Funds
2024
2024
2024
2023
Revenue grants from government and public bodies
Arts Council
Stoke-on-Trent Clty Councll
Total publlc sector revenue grants
45,000
18,000
63,000
45,000
18,OOQ
63.000
20,000
6,750
26,750
Revenue grants and donatlons from non publlc bodles
Harding Trust
Donations
80,000
80,0(X)
75,000
I,ioo
3,000
79,100
H Gibson
Total Private sector revenue 8rants
3,000
83,000
3,0
83,000
Membership subscriptions as donatlons
Repayments
Repayments
Total Repaymentg
Patrons & Glft Ald
Patrons
Gift Aid
Total Glft Ald
7,475
7,692
15,167
7,475
7,692
15,167
7,800
8,818
16,618
Totsl Donations and Legacles (SOI)
161,167
161,167
122,468
8 Income from charitable activities- Trading Activities
Current
Current year
Restrf¢ted
Current year
Total
Prlor yèar
Unrestricted
Funds
Funds
Funds
Fund5
2024
2024
2024
2023
Primary purpose and ancillary tradlng
Ticket Sales
Total Primary purpose and anclllary trading
97,592
97,592
97,592
97,592
105,017
105,017
9 Total Income from charitable activities
Current year
Curfefttyear
Current year
Prlor yeaf
Unrestrirted
Restrkted
Total
Total
Funds
Funds
Funds
Funds
2024
2024
2024
2023
Total income from charitable trading
Total from charitable activities 1502)

STOKE-ON-TRENT FESTIVAL LIMITED
th
Detailed analysis of income and expendÈture forthe year ended 30 June 2024 as required by the SORP 2015
10 Investment income
Currentyear
Current year
Current year
Total
Prior year
Unrestrtted
estricted
Total
Funds
Funds
Funds
Funds
2024
2024
2024
2023
Bank Interest Receivable
Total Investment income S04
3,800
3,800
3,800
3,800
23
23
11 Support costs for charitable activities
Ctsrrent year
Current year
Cwrent year
Prlor year
Total
Unresirirted
Restricted
Total
Funds
Funds
Funds
Funds
2024
2024
2024
2023
Volunteer costs
Volunteers, expenses
Administrative overheads
Telephone, fax and internet
2,530
Postage
3,165
Software licences and expense5
7,657
Advertising and marketing
60,965
Sundry expenses
1,734
Administration
12,875
Professional fees pald to advlsors other than the auditor or examiner
Professional Charges
3.150
Flnancial costs
Credit card charges
Bank charges
Support costs before reallocation
Less support costs reallocated to specific artivities
To Costs of raising funds
5,433
5,433
2,766
2,530
3,165
7,657
60,965
1,734
12,875
2,292
4,855
3,772
60,938
847
12,000
3,150
3,206
4,383
277
102,169
4,383
277
102,169
3,942
296
94,914
1102,169)
102,169
(94,9141
The basis of allocation of costs between activities is described under accounting policies
12 Expenditure on raising funds and costs of investment management
cUr￿rttYear
Curfent year
Current year
Prioryear
Total
Unrestritted
Restricted
Total
Funds
Funds
Funds
Funds
2024
2024
2024
2023
Commissions payable
Cost of fundraising activities
Reallocated from support costs
Total fundraising costs (S09)
13,398
130.836
102,169
246,403
13,398
130,836
102,169
246,403
10,719
126,989
94,914
232,622

Independent Examiner's Report to the Trustees of
Stoke-on-Trent Festival Ltd
for the period ended 30th June 2024
I report on the accounts of the Charity.
Respective responsibilities of Trustees and examiner
The Charity's Trustees are responsible for the preparation of the accounts. The Charity'5
Trustees consider that an audit is not required for this year under section 144(21 of the
Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act.
follow the procedures laid down in the general directions given by the Charity Commissioners
Under Section 14515llbl of the 2011 Act; and
state whether particular matters have come to my attention.
Basls of Independent examlnerfs report
My examination was carried out in accordance with the general directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the Charity
and a comparison of the accounts presented with those records. It also includes consideration
of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit, and consequently no opinion is given as to whether the accounts
present a 'true and fair view, and the report is limited to those matters set out in the statement below.
Independent examlnerfs statement
In connection with my examination, no matter has come to my attention.
l. Which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with settion 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the 2011 Act.
Have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to b
reached.
Signed...........
Glen
BE, ACPA
Glenn Par
es&CoLtd
The Manse
Temple Street
Stoke-on-Trent
ST44NW
ar

STOKE-ON-TRENT FESTIVAL LIMITED
Company Registration Number- 00995728
Trustees. Annual Report for the year ended 30th June 2024
th
The Trustees present their Report and Accounts for the year ended 30 June 2024, which also
comprises the Directors, Report required by the Companie5 Act 2LKI6.
Reference and admlnlstrative details
The charity name.
The legal name of the charity is:_ sfoKE-ON-TRENT FESfivAL LIMITED
The charity is also known by its operating name, STOKE-ON-TRENT FESTIVAL
The charl￿5 areas operation and UK charitoble registration.
The charity is registered in England & Wales with the Charity Cornmission in England & Wales
ICCEWI with charity number 500687.
Legal structure of the charity
The governing document of the charity is the Memorandum and Articles of Assoclatlon establishing
the company under company legislation.
By operation of law all tru5tee5 are directors under the Companies Act 2006 and all directors are
trustees under Charities Segislation and have responsibilities, as such, under both company and
charity legislation.
Objects and activitie5 of the charlty
The purpose OA the charity as set out in its goveming document.
TO FOSTER AND PROMOTE THE KNOWLEDGE, UNDERSTANDING AND APPRECIATION OF THE ARTS AMONG
THE INHABITANTS OF STOKE-ON-TRENT AND THE SURROUNDING AREA.
Method of preparatlon of accounts- Small company provisions
The financial statements have been prepared implementing the FRS SORP (Statement of
Recommended Practice for Accounting and Reporting by Charities} 2015 {as amended by the Bulletin
issued in February 20161 and in accordance with the Financial Reporting Standard 102, (effective I,
January 2016)
These financial statements have been prepared in accordance with the provisions in Part 15 of the
Companies Act 2006, applicable to companies Subject to the small companies regime.

STOKE-ON-TRENT FESTIVAL LIMITED
Company Registration Number- 00995728
th
Trustees, Annual Report for the year ended 30 June 2024
The principal operating address and telephone number of the charity are:_
415 PICCADILLY ARCADE
HANLEY, STOKE-ON-TRENT
STAFFORDSHIRE, STII IDL
The registered office of the charity for Companie5 Act purpose5 15 the same a5 the operating addres5
shown above
01782 206000
The Trustee5 In office on the date the report was approved were:_
C F SMART
M N LLOYD
DR F D MORINI
B L PIDGEON
D BLAKE-ROBERT
The following persons served as Trustees during the year ended 30 June 2024:_
The trustees who served as a trustee in the reporting period were as shown above, and there were
no changes during the year, or in the period between the year end and the approval of the accounts.
C F SMART
M N LLOYD
DR F D MORINI
S A ROBINSON- resigned 18 August 2024
B L PIDGEON
D BLAKE-ROBERT
th

STOKE-ON-TRENT FESTIVAL LIMITED
Company Registration Number- 0995728
Trustees, Annual Report for the year ended 30 June 2024
Statement of the Directors Trustee's Responsibilities
The charity's trustees are responsible for the preparation of the accounts in accordance with the
terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports)
Regulations 2008. Notwithstanding the explicit requirement in the statutory regulations, the
Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in
accordance wlth the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the
Trustees determined to interpret this responsibility as requiring them to follow current best practice
and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for
Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016).
In particular, the Companles Act 2006 and charity law require the Board of Trustees to prepare
financial statements for each financial year which give a true and fair view of the state of affairs of
the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing
those financial statements the Board is required to:.
To prepare the accounts in accordance with United Kingdom Generally Accepted
Accounting Practice {United Kingdom Accounting Standards and applicable law).
Select suitable accounting policies and apply them consistently;
Make judgements and estimates that are reasonable and prudent;
Prepare the financial statements on the going concern basis unless it is inappropriate
to presume that the charity will continue in business;
State whether applicable accounting standards and statements of
recommended practice have been followed, subject to any material
departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are sat15fied that they
give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the
charity for the year,
The Trustee5 are also responsible for maintaining adequate accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and which are sufficient to Show
and explain the charit¢s transactions and enable them to ensure that the financial statements
comply with the Companies Act 2006 and comply with regulations made under the Charities Act.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable
Steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees, report and the statutory
responsibility of the Independent Examiner in relation to the Trustees, report is limited to examining
the report and ensuring that, on the face of the report, there are no material inconsistencies with
the figures disclosed in the financial statements.

STOKE-ON-TRENT FESTIVAL
YEAR ENDED 30th JUNE 2024
TRUSTEES ANNUAL REPORT
In 2023124 a full series of eight orchestral concerts in thc Classics season, four
recitals in the Piano Masters Series were programmed.
Season ticket sales were lower than 2022/2023 and when ticket.price increases
were taken into consideration they were lower still. Season tickets for the Piano
Masters were slightly higher, which was encouraging.
Single ticket sales were also down for the orchestral concerts, but higher for the
Piano Series.
Overall ticket sales were 6.7 % lower than the previous season.
We have, however, managed to improve our overall financial position.
We managed to secure a £90,000 grant from the Arts Council England over two
years 2023124 and 2024/25. Additionally, interest rates were higher, so we were
able to increase the interest received which made a significant difference to the
final figures and we turned a £14,664 deficit into a £16,156 surplus. Our total
funds on the balance sheet are almost £89,000 which is the highest figure yet. So
our reserves are quite healthy.
Ticket prices were increased as agreed across the board by an average of 5 % with
rampant inflation of l O % plus this was quite reasonable. However, we are still
considerably cheaper than Birniingham, Manchester and Liverpool.
The Hon Hugh Gibson Trust awarded us £3,000 and The Harding Trust increased
their grant by another £2,000 to £82,000, split bctwccn the orchcstral and the
piano series. We also applied to the City Council for grants for special projects
and that was successful too, Overall our best ever year for grant income!
Festival Friends
Donations were down as I mentioned earlier as were the number of donors. All
charitable organisations are reporting falling income and I cannot envisage any
improvernent in the short terni.

Patrons
We had 23 Patrons which was exactly the same as the previous season.
I am still working hard on finding new Patrons especially because part of their
annual membership is all allowable for Gift Aid.
Steinwa
Piano Mana
ement
As I reported last year, we had a problem in not being able to hire out the piano
because of the strong trading laws. The Harding Trust agreed to pay for the ivory
keys to be removed and replaced with another product. The work was undertaken
last summer and so we can start hiring it out again soon. However, the demand
for hires has dropped from Music Societies since Covid.
Finance
We are in the strongest position ever with £89,000 of reserves.
Signed on behalf of the trustees
Michael Lloyd