2023-09-30-accounts

CONTENTS			PAGES
Members ofthe Board	and Professional	Advisors
Trustees' Report			2to9
independent Examiners'	Report		10
Statement of Financial	Activities
Balance Sheet			12
Notes to the Financial Statements			13to 22

The Board	ofTrustees'	ofTrustees'	0 N Bull - Chairman	(Appointed	(Appointed	01/12/2022)
			H Blair (Appointed	01/10/2023)
			TA Davis (Resigned	22/05/2023)
			R J D Dodgson MBE (Resigned 22/01/2024)
			R Hall (Resigned 22/05/023)
			H TG Hands (Resigned		20/01/2023)
			M G Heyes (Appointed		12/12/2023)
			G M Hoadley (Appointed 12/12/2023)
			R Kellaway (Resigned		22/05/2023)
			W Lloyd (Resigned	06/04/2023)
			Ms A R G McCooey	(Appointed		01/12/2022)
			L Mileto (Appointed	25/01/2024)
			M W M Rayner
			J Rink
			W H Sang (Resigned	16/10/2023)
			JScott (Resigned 07/11/2023)
			FStuart (Appointed	01/10/2023)
			CWardle
			J RWood (Appointed		01/12/2022)
Trust Operations		Director (Senior Management)	N Hardisty
Registered	Office		Stricklandgate House
			92Stricklandgate
			Kendal
			LA9 4P(J
Accountant			Dixon Gibbs
			Suite 2,The Mintworks
			124Highgate, Kendal
			LA9 4HE
Independent	Examiner		Saint gr Co
			Sterling House
			Wavell House
			Carlisle
			CA1 2SA
Bankers			HSBC
			64 Highgate
			Kendal
			LA9 4TF

				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
						2023	2022
			Note				6
INCOME
Donations				35,310	121,150	156,460	175,292
Income from charitable activities				74,165		74,165	69,693
Other income				2,164		2,164	178
TOTAL INCONIE				111,639	121,150	232,789	245,163
EXPENDITURE
Expenditure on raising funds				13,534	2,000	15,534
Expenditure on charitable	activities			115,101	119,150	234,251	225,152
TOTAL EXPENDITURE				128,635	121,150	249,785	225,152
NET INCOME/(EXPENDITURE)		FOR THE YEAR
BEFORE TRANSFERS				(16,996)		(16,996)	20,011
Transfers between funds
NET MOVEMENT IN FUNDS				(16,996)		(16,996)	20,011
Total funds brought forward				144,409		144,409	124,398
TOTAL FUNDS CARRIED FORWARD			12	127,413		127,413	144,409

			2023		2022
		Note	F		6
FIXEDASSETS
Tangible assets				695	889
CURRENT ASSETS
Debtors		10	40,332		59,409
Cash at bank			111,790		106,232
			152,122		165,641
CREDITORS: Amounts	falling due within one year	11	(25,404)		(22,121)
TOTAL ASSETS LESS	CURRENT LIASILITIES			126,718	143,520
NET ASSETS				127,413	144,409
THE FUNDS OF THE CHARITY
Restricted Funds		12
Unrestricted Funds		12		127,413	144,409
TOTAL CHARITY FUNDS				127,413	144,409

		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
			f	2023 Z	2022f
Individual	Donations	35,310	7,000	42,310	32,406
Gifts in Kind			8,200	8,200	4,800
Grants			105,950	105,950	138,086
		35,310	121,150	156,460	175,292

		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
				2023	2022
					6
Charitable	Activities	74,165		74,165	69,693

				Unrestncted	Restricted	Tote I	Total
				Funds	Funds	Funds	Funds
						2023f	2022f
Interest	on	cash	deposits	2,164		2,164	178

			Raising	Other	Total	Total
			Funds f	Expenditure f	2023 f	2022 f
Direct Costs
Artists				74,347	74,347	63,144
Festival Support Team				9,116	9,116	7,713
Event Costs				24,712	24,712	31,526
Ticketing				9,888	9,888	3,252
Fundraising			7,859		7,859	5,266
Marketing				27,600	27,600	20,583
Filming				11,249	11,249	11227
			7,859	156,912	164,771	142,711
Support	Costs
Salaries	& Expenses		6,850	61,646	68,496	67,487
Legal & Professional		Fees	410	7,788	8,198	4,435
Facilities			416	7,904	8,320	10,519
			7,675	77,338	85,014	82,441
TOTAL EXPENDITURE			15,534	234,250	249,785	225,152

		Raising
Support Costs		Funds	Other
Salaries &Expenses		10'	90Yo
Legal &Professional	Fees	5Yo	95'Yo
Facilities		59o	95'Yo

GOVERNANCE	COSTS
			Total	Total
			Funds	Funds
			2023	2022
			6	6
Accountancy	fees			1,800
Bookkeeping	costs		4,258	1,915
Independent	examiner's	fee	1,000	720
Legal & professional			2,940
Trustee Meeting Costs			743	2,730
			8,941	7,165

				2023 F	2022f
	Depreciation			194	194
	Independent	Examiner's Fee		1,000	720
8.	STAFF COSTS
	Staff costs were	as follows:
				2023	2022
				E	E
	Wages and salaries			35,556	33,000
	Employers national		insurance
	Employer Pension		Contribution	1,420	1,210
				36,976	34,210

	The average monthly	number ofemployees	during the year was as follows:
				2023	2022
				No	No
	Charitable activities			1	1
9.	TANGIBLE FIXEDASSETS
				Piano, Staging
				&Office
				Equipment
				E
	COST
	At 1 October 2022			76,446
	Additions
	Disposals
	At 30September 2023			76,446
	DEPRECIATION
	At 1 October 2022			75,557
	Charge for year			194
	On disposals
	At30September 2023			75,751
	NET BOOK VALUE
	At 30September 2023			695
	At 30September 2022			889
10.	DEBTORS
	Trade Debtors				27,159
	Prepayments and accrued income			40,332	32,250
				40,332	59,409

REDITORS: Am	ounts fa	lling due within one year
			2023	2022
			E	6
Trade creditors			4,156	15,421
Other taxation	and social security		2,189	658
Accruals and deferred		income	19,059	6,042
			25,404	22,I21

			Bal b/f	Income	Expenses	Bal c/f
Unrestricted Funds			144,409	232,789	249,785	127,413
Restricted Funds
Anonymous Funders				20,900	20,900
Art Council England				40,000	40,000
Stephen Bell Trust				3,000	3,000
The Coin Trust				3,000	3,000
The Cosman Keller Art and		Music Trust		5,000	5,000
The D'Oyly Carte Charitable		Trust		3,000	3,000
Fidelio Charitable Trust				2,000	2,000
SirJohn Fisher Foundation				5,000	5,000
Granada Foundation				5,000	5,000
Hadfield Trust				3,750	3,750
Haworth Trust				10,000	10,000
Helen Hamlyn Trust				3,000	3,000
Kirckman Concerts				2,000	2,000
The John Thaw Foundation				1,000	1,000
The Thistle Trust				2,000	2,000
Westmorland Arts Trust				5,000	5,000
Westmorland &Furness	Council			7,500	7,500
Total Restricted Funds				121,150	121,150
			144,409	353,939	370,935	127,413

			Bal b/f	Income	Expenses	Bal c/f
Unrestricted Funds			124,398	225,027	205,016	144,409
Restricted Funds
Backstage Trust				5,000	5,000
The D'Oyly Carte	Charitable	Trust		3,936	3,936
Fidelio Charitable	Trust			1,500	1,500
SirJohn Fisher Foundation				6,000	6,000
Idlewild Trust				3,700	3,700
Total Restricted	Funds			20,136	20,136
			124,398	245,163	225,152	144,409

		Unrestricted	Restricted	Total Funds	Total Funds
		funds	funds	2023	2022
		E	E	E	E
Tangible	fixed assets	695		695	889
Current	assets	152,122		152,122	165,641
Current	liabilities	25,404		25,404	22,121
		127,413		127,413	144,409

Operating Leases:	Operating Leases:
At 30September 2023 the		charity had the following			annual	commitments	under non-cancellable
operating	leases. Amounts	relate to the franking		machine		and online booking		system.
								2023	2022
								E	E
Operating leases payments			due:
Within	one year							2,820	2,820
Within	two &five years							6,240	9,060
Over five years
								9,060	11,880