2021-12-31-accounts - Bewdley Festival Limited

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			Page
Trustees' report			1-9
Independent	examiner's	report	10
Statement of	financial activities
Balance sheet			12-13
Notes to the financial statements			14-24

Description					ction Taken
Pandemic, ofour main	Covid 19restrictions venue.		and	closure	Ensure we follow Government Guidance. entilate venues as much as possible. Hand sanitiser, face mask and social distancing precautions in place.
					Contingency plans should events have to be cancelled at short notice.
					Research venue options.
A member ofthe public, volunteer, employee or artist is injured ata festival event.					Health & Safety policy in place. H&S risk assessments completed at each venue. First Aiders at each event.
					Public liability insurance on place. raining provided for our volunteers.
Insufficient funds to meet		our commitments.			Proper accounting records maintained.
					Financial forecasts regularly completed and reported to the trustees.
					Monthly meetings ofthe Society Committee. Ticket sales closely monitored, and action taken as required.
					Close working with Partners.
Key people with valuable knowledge skills are not able to support us.				and	Succession planning. Key information held centrally.
					Encourage more volunteers to get involved including subject experts.
Reputational risk ofevents being cancelled at short notice.					Careful selection ofacts and maintain good contacts with agents.
					Contracts management arrangements. Customer contact lists maintained.
					Ticket refund processes in place and tested.

f	Unrestricted funds 2021	Restricted funds 2021 6	Total 2021 6	Unrestricted funds 2020	Restricted funds 2020 8	Total 2020
D ti dl 1 Charitable activities Investments	35,728 47,435 69	1,800	37,528 47,435 69	10,671 2,914 157	250	10,921 2,914 157
Total income E~t	83,232	1,800	85,032	13,742	250	13,992
Charitable activities	75,171	2,188	77,359	20,446	290	20,736
Net income/(expenditure) for the year/
Net movement in funds	8,061	(388)	7,673	(6,704)	(40)	(6,744)
Fund balances at 1
January 2021	48,261	3,340	51,601	54,965	3,380	58,345
Fund balances at 31
December 2021	56,322	2,952	59,274	48,261	3,340	51,601

		Notes	2021 6		2020 6
Fixed assets
Intangible assets		11
Tangible assets Investments		12 13		4 27		600 45 27
				31		672
Current assets
Debtors Cash at bank and in hand		14	1,870 60,176		2,848 49,799
Creditom: amounts	falling due within		62,046		52,647
one year		15	(2,803)		(1,718)
Net current assets
				59,243		50,929
Total asseia less current liabilities
				59,274		51,601
Income funds
Restricted funds ~dt i t dt d				2,952		3,340
Designated funds General unrestricted	funds	17	571 55,751		48,261
				56,322		48,261
				59,274		51,601

		Unrestricted funds	Restricted funds	Total	Unrestricted funds	Restricted funds	Total
		2021 8	2021 8	2021 6	2020 5	2020 f	2020 8
Donations Government	and gifts grant	32,573 3,155	1,800	34,373 3,155	9,409 1,262	250	9,659 1,262
		35,728	1,800	37,528	10,671	250	10,921

				2021	2020
				6	6
Artists fees
Flyer and programme				40,864	1,215
Hire ofvenue etc					32
Commission on ticket			sales	10,023	530
Art projects				852	72
Performing Right Society Youth events				2,128 1,310	261
				1,712	1,530
				56,889	3,640
Grant funding ofactivities (see note 7)				2,034
Share ofsupport costs (see note 8) Share ofgovernance costs (see note 8)				16,770 1,666	15,628 1,468
				77,359	20,736
Analysis by fund
Unrestricted funds
Restricted funds				75,171	20,446
				2,188	290
				77,359	20,736
For the year ended	31 December 2020
Unrestricted funds
Restricted funds				20,446
				290
				20,736
Grants payable
					2020
				2021
Grants to institutions	(2	grants):
The Bewdley School Arts Funding				2,034

Support costs
	Support costs	Governance costs	2021	Support costs	Governance costs	2020
				E	f
Staff costs Postage and stationery Advertising Sundries Bank and card charges Office expenses Fixtures and fitting	10,277 601 670 705 5 3,871		10,277 601 670 705 5 3,871	9,846 263 112 970 32 3,703		9,846 263 112 970 32 3,703
depreciation Website amortisation	41		41	102		102
cost	600		600	600		600
Independent
examination		1,666	1,666		1,468	1,468
	16,770	1,666	18,436	15,628	1,468	17,096
Analysed between
Charitable activities	16,770	1,666	18,436	15,628	1,468	17,096

11	Intangible fixed assets	Intangible fixed assets
			Websits costs
	Cost
	At 1 January 2021 and 31 December 2021
			1,200
	Amortisation and impairment
	At 1 January 2021
	Amortisation charged	for the year	600 600
	At 31 December 2021
			1,200
	Carrying amount
	At 31 December 2021
	At 31 December 2020
			600
12	Tangible fixed assets
			Fixtures and fittings
	Cost		6
	At 1 January 2021
			10,761
	At 31 December 2021
			10,761
	Depreciation and impairment
	At 1 January 2021
	Depreciation charged	in the year	10,716 41
	At 31 December 2021
			10,757
	Carrying amount
	At 31 December 2021
	At 31 December 2020
			45

				Movement	in funds
			Balance at 1January 2021	Incoming resources	Resources expended	Balance at 31 December
						2021
						6
The Helen Rachael Mackaness Bewdley Town Council SGH Venue Management Roger 8 Douglas Trust Other	Charitable	Trust	150 790 2,400	500	(1,676)	150 500 790 724
				1,300	(512)	788
			3,340	1,800	(2,188)	2,952

charity once the project	rusees in is established.	a separate ba	nk account,	with the inten	tion of setting	up a new
Analysis ofnet assets	between funds
Fund balances at 31	Unrestricted 2021 5	Restricted 2021 8	Total 2021 8	Unrestdicted 2020 5	Restricted 2020 6	Total 2020 F
December 2021 are
represented by:
Intangible fixed assets Tangible assets Investments Current assets/	4 27		4 27	600 45 27		600 45 27
(liabilities)	56,291	2,952	59,243	47,589	3,340	50,929
	56,322	2,952	59,274	48,261	3,340	51,601

2021	2020
	f.
720	720