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|---|---|---|---|
|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|
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|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||||
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|||||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|
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||||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|
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|||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|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||||2023|2022|
||||||6|
|Charitable|Activities|74,165||74,165|69,693|
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|||||Unrestncted|Restricted|Tote I|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
|||||||2023f|2022f|
|Interest|on|cash|deposits|2,164||2,164|178|
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||||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|
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|||Raising||
|---|---|---|---|
|Support Costs||Funds|Other|
|Salaries &Expenses||10'|90Yo|
|Legal &Professional|Fees|5Yo|95'Yo|
|Facilities||59o|95'Yo|
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|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|
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|||||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|
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||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|
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|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|
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||||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|
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||||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|
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|||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|
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|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|
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