||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|9|
|Independent<br>Examiner's|Report||10||
|Statement ofFinancial|Activities||||
|Balance Sheet||12|to|13|
|Notes to the Financial Statements||14|to|23|
|Detailed Statement ofFinancial Activities||24|to|25|





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|||||Percentage ofIncome|Percentage|ofIncome|Notes||
|---|---|---|---|---|---|---|---|---|
|||||2021|2022||||
|1|Tickets &Programmes|||58|56||7%more tickets sold||
||||||||in 2022, Decision||
||||||||made to reduce||
||||||||prices.||
|2|Partners &Advertising|||22|27||New sponsors joined||
||||||||us. Existing sponsors||
||||||||increased their||
||||||||support,||
|3|Grants|||6|2||||
|4|Society Members|&Fund Raising||10|12||Members||
||||||||subscriptions||
||||||||important<br>source of||
||||||||income.||
|5|Patrons||||||||
|6|Other||||||||
||Total|||100|100||||
|Expenditure<br>during the year totalled f72,427|||||||||
|||||Percentage ofExpenditure|Percentage|of|Notes||
|||||2021|Expenditure|2022|||
||Artists Fees&Expenses|||51|||2major acts in 2021||
||||||||increased our costs.||
|2|Venues - hire, sound,||etc|12|17||Increase in sound&||
||||||||hghting costs. Larger||
||||||||venue used for I||
||OfIice costs|||16|17||more night.||
||Youth Festival|||2|3||||
||Other eg. commission||on ticket|19|17||Savings in some costs||
||sales, professional<br>fees,<br>marketing,<br>PRSetc.||||||offset by increases<br>others.|in|
||Total|||100|100||||





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||||||31.12.22|31.12.21|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||f.||
|INCOME|AND ENDOWMENTS FROM||||||
|Donations|and legacies||31,903|750|32,653|37,528|
|Charitable|activities||||||
|Income|||42,44$||42,44$|47,435|
|Investment|income||62||62|69|
|Total|||74,413|750|75,163|85,032|
|EXPENDITURE ON|||||||
|Charitable|activities||||||
|Expenditure|||70,115|2PI2|72,427|77,359|
|NET INCOME/(EXPENDITURE)|||4,29$|(1,562)|2,736|7,673|
|RECONCILIATION OF FUNDS|||||||
|Total funds|brought<br>forward||56,322|2,952|59/74|51,601|
|TOTAL FUNDS CARRIED FORWARD|||60,620|I@90|62,010|59,274|





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||31 De|cember 2022||||
|---|---|---|---|---|---|
|||||31.12.22|31.12.21|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|13||||4|
|Investments|14|27||27|27|
|||||27|31|
|CURRENT ASSETS||||||
|Debtors|l5|2,517||2,517|1,870|
|Cash at bank and in hand||59/23|1,390|60,713|60,176|
|||61,840|1,390|63+30|62,046|
|CREDITORS||||||
|Amounts<br>falling due within one year|16|(1/47)||(1@47)|(2,803)|
|NET CURRENT ASSETS||60,593|I+90|61,983|59,243|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||60,620|1,390|62,010|59,274|
|NET ASSETS||60,620|I+90|62,010|59/74|
|FUNDS|18|||||
|Unrestricted<br>funds||||60,620|56,322|
|Restricted<br>funds||||i@90|2,952|
|TOTAL FUNDS||||62,010|59/74|





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|DONATIO|NS<br>AND LEGACIES|||
|---|---|---|---|
|||31.12.22|31,12.21|
|Donations|and gifts|32,653|34,373|
|Government|grants||3,155|
|||32,653|37,528|
|INVESTMENT INCOME||||
|||31.12.22|31.12.21|
|Deposit account interest||62|69|





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|||for the Year Ended 31 Dec|for the Year Ended 31 Dec|for the Year Ended 31 Dec|for the Year Ended 31 Dec|for the Year Ended 31 Dec|for the Year Ended 31 Dec|ember 2022|||
|---|---|---|---|---|---|---|---|---|---|---|
|4.|INCOME|FROM CHARITABLE ACTIVITIES|||||||||
||||||||||31.12.22|31.12,21|
||||||||Activity||||
||Ticket and|programme|||sales||Income||42,448|47,435|
|5.|CHARITABLE ACTIVITIES COSTS||||||||||
|||||||||Direct|Support||
|||||||||Costs (see|costs (see||
|||||||||note 6)|note 7)|Totals|
||Expenditure|||||||51,824|20,603|72,427|
|6.|DIRECT COSTSOF||||CHARITABLE ACTIVITIES||||||
||||||||||31.12.22|31.12.2]|
||Artists fees||||||||33,553|40,864|
||Hire ofvenue||etc||||||12,571|10,023|
||Commission||on ticket sales||||||827|852|
||Art projects||||||||1,515|2,128|
||Performing|Right Society|||||||908|1,310|
||Youth events||||||||2,450|1,712|
||The Bewdley||School Arts|||- Grant funding||||2,034|
||||||||||51,824|58,923|
||||||||||Governance||
|7.|SUPPORT|COSTS|||||||||
|||||||||Office|||
|||||||||and other|||
|||||||||costs|costs|Totals|
|||||||||E|||
||Expenditure|||||||19,703|900|20,603|
||Support costs,|||included|in the above, are as follows:||||||
||Office and|other costs|||||||||
||||||||||31.12.22|31.12.21|
|||||||||||Total|
||||||||||Expenditure|activities|
||Wages||||||||9,679|10,277|
||Office running|||costs|||||4,218|3,871|
||Website amortisation|||||||||600|
||Fixtures depreciation||||||||4|41|
||Postage and|stationery|||||||277|601|
||Advertising||||||||4,138|670|
||Sundries||||||||1,238|705|
||Carried forward||||||||19,554|16,765|





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||OIIice and o|ther costs -|continued||||
|---|---|---|---|---|---|---|
||||||31.12.22|31.12.21|
|||||||Total|
||||||Expenditure|activities|
||Brought forward||||19,554|16,765|
||Bank interest||||149|5|
||||||19,703|16,770|
||Governance|costs|||||
||||||31.12.22|31.12.21|
|||||||Total|
||||||Expenditure|activities|
||Independent|examination|||900|1,666|
|8.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)||is stated|after charging/(crediting):|||
||||||31.12.22|31.12.21|
||Depreciation|- owned assets||||41|
||Computer<br>software amortisation|||||600|
|9.|TRUSTEES' REMUNERATION|||AND BENEFITS|||



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|||||||31.12.22|31.12.21|
|---|---|---|---|---|---|---|---|
||Wages and|salaries||||9,679|10,277|
|||||||9,679|10/77|
||The average monthly||number ofemployees||during the year was as follows:|||
|||||||31.12.22|31.12.21|
||Administrator|||||1|1|
||No employees<br>received emoluments|||in excess of160,000,||||
|11.|COMPARATIVES FOR STATEMENT OFFINANCIAL ACTIVITIES -YEAR|||||ENDED 31.12.21||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||INCOME|AND ENDOWMENTS||FROM||||
||Donations|and legacies|||35,728|1,800|37,528|
||Charitable|activities||||||
||Income||||47,435||47,435|
||Investment|income|||69||69|
||Total||||83,232|1,800|85,032|
||EXPENDITURE ON|||||||
||Charitable|activities||||||
||Expenditure||||75,171|2,188|77,359|
||NET INCOME/(EXPENDITURE)||||8,061|(388)|7,673|
||RECONCILIATION||OF FUNDS|||||
||Total funds|brought<br>forward|||48,261|3,340|51,601|
||TOTAL FUNDS CARRIED FORWARD||||56,322|2,952|59@74|





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||for the Year Ended 31December 2022|for the Year Ended 31December 2022||
|---|---|---|---|
|12.|INTANGIBLE FIXEDASSETS|||
||||Computer|
||||software|
||COST|||
||At<br>1 January 2022 and 31 December 2022||1,200|
||AMORTISATION|||
||At<br>1 January 2022 and 31 December 2022||1+00|
||NET BOOK VALUE|||
||At 31 December 2022|||
||At 31 December 2021|||
|13.|TANGIBLE FIXEDASSETS|||
||||Fixtures|
||||alld|
||||fittings|
||COST|||
||At 1 January 2022 and 31 December 2022||10,761|
||DEPRECIATION|||
||At 1 January 2022||10,757|
||Charge for year||4|
||At 31 December 2022||10,761|
||NET BOOK VALUE|||
||At 31 December 2022|||
||At 31 December 2021|||
|14.|FIXEDASSET INVESTMENTS|||
||||Unlisted|
||||investments|
||MARKET VALUE|||
||At<br>1 January 2022 and 31 December 2022||27|
||NET BOOK VALUE|||
||At 31 December 2022||27|
||At 31 December 2021||27|
||There were no investment|assets outside the UK.||





## 

||||Notes to the Financial Statements - continued<br>for the Year Ended 31 December 2022|Notes to the Financial Statements - continued<br>for the Year Ended 31 December 2022|Notes to the Financial Statements - continued<br>for the Year Ended 31 December 2022|Notes to the Financial Statements - continued<br>for the Year Ended 31 December 2022|||
|---|---|---|---|---|---|---|---|---|
|15.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||
||||||||31.12.22|31.12.21|
||Other debtors||||||330|556|
||Prepayrnents<br>and accrued||income||||2,187|1,314|
||||||||2,517|1,870|
|16.|CREDITORS: AMOUNTS FALLING DUE||||WITHIN|ONE YEAR|||
||||||||31.12.22|31.12.21|
||||||||f.||
||Other creditors||||||63||
||Accruals and deferred|income|||||11184|2,803|
||||||||1,247|2,803|
|17.|LEASING AGREEMENTS||||||||
||Minimum<br>lease payments||under non-cancellable||operating|leases fall due as follows:|||
||||||||31.12.22|31,12.21|
||||||||f,||
||Between one and five years||||||720|720|
|18.|MOVEMENT IN FUNDS||||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.1.22|in funds|31.12,22|
||Unrestricted<br>funds||||||||
||General fund|||||55,751|4@58|60,109|
||Designated<br>funds|||||571|(60)|511|
|||||||56,322|4/98|60,620|
||Restricted<br>funds||||||||
||The Helen Rachael Mackaness Charitable||||||||
||Trust|||||150|(50)|100|
||SGH Venue Management|||||790||790|
||Roger k, Douglas Turner||Charitable|Trust||724|(724)||
||Bewdley Town Council|||||500|(50D)||
||Other|||||788|(288)|50D|
|||||||2,952|(1,562)|11390|
||TOTAL FUNDS|||||59,274|2,736|62,010|





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||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted<br>funds||||||
|General fund|||74,413|(70,055)|4/58|
|Designated<br>funds||||(60)|(60)|
||||74,413|(70,115)|4,298|
|Restricted funds||||||
|The Helen Rachael Mackaness|Charitable|||||
|Trust|||250|(300)|(50)|
|Roger 4,Douglas Turner Charitable||Trust||(724)|(724)|
|Bewdley Town Council||||(500)|(500)|
|Other|||500|(788)|(288)|
||||750|(2+12)|(1,562)|
|TOTAL FUNDS|||75,163|(72,427)|2,736|
|Comparatives<br>for movement|in funds|||||
|||||Net||
|||||movement|At|
||||At 1.1,21|in funds|31.12,21|
|Unrestricted<br>funds||||||
|General<br>fund|||48,261|7,490|55,751|
|Designated<br>funds||||571|571|
||||48+61|8,061|56,322|
|Restricted funds||||||
|The Helen Rachael Mackaness|Charitable|||||
|Trust|||150||150|
|SGH Venue Management<br>Roger4Douglas Turner Charitable||Trust|790<br>2,400|(1,676)|790<br>724|
|Bewdley Town Council||||500|500|
|Other||||788|788|
||||3,340|(388)|2,952|
|TOTAL FUNDS|||51,601|7,673|59,274|





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## 

||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted<br>funds||||||
|General fund|||80,322|(72,832)|7,490|
|Designated<br>funds|||2,910|(2,339)|571|
||||83,232|(75,171)|8,061|
|Restricted<br>funds||||||
|Roger4 Douglas Turner Charitable||Trust||(1,676)|(1,676)|
|Bewdley Town Council|||500||500|
|Other|||1,300|(512)|788|
||||1,800|(2,188)|(388)|
|TOTAL FUNDS|||85,032|(77,359)|7,673|
|Purpose ofrestricted funds:||||||
|The Helen Rachael Mackaness|Charitable||Trust funds held are to be used for the Youth Festival.|||



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||||Bewdley Festival Limited|Bewdley Festival Limited|||
|---|---|---|---|---|---|---|
||||Detailed Statement ofFinancial Activities||||
||||for the Year Ended 31December 2022||||
||||||31.12.22|31.12.21|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|INCOME AND ENDOWMENTS|||||||
|Donations and legacies|||||||
|Donations<br>and gifts|||31,903|750|32,653|34,373|
|Government<br>grants||||||3,155|
||||31,903|750|32,653|37,528|
|Investment<br>income|||||||
|Deposit account interest|||62||62|69|
|Charitable<br>activities|||||||
|Ticket and programme|sales||42,448||42,448|47,435|
|Total incoming resources|||74,413|750|75,163|85,032|
|EXPENDITURE|||||||
|Charitable<br>activities|||||||
|Artists fees<br>Hire ofvenue etc|||33,553<br>12,571||33,553<br>12,571|40,864<br>10,023|
|Commission<br>on ticket sales|||827||827|852|
|Art projects|||1,515||1,515|2,128|
|Performing<br>Right Society|||908||908|1,310|
|Youth events|||138|2PI2|2,450|1,712|
|The Bewdley School Arts||- Grant|funding|||2,034|
||||49,512|2PI2|51,824|58,923|
|Support costs|||||||
|OIIice and other costs|||||||
|Wages|||9,679||9,679|10@77|
|Office running<br>costs|||4,218||4,218|3,871|
|Website amortisation||||||600|
|Fixtures depreciation|||4||4|41|
|Postage and stationery|||277||277|601|
|Advertising|||4,138||4,138|670|
|Sundries|||1,238||1,238|705|
|Bank interest|||149||149|5|
||||19,703||19,703|16,770|
|Governance<br>costs|||||||
|Independent<br>examination|||900||900|1,666|





||for the Year Ended 31Decembe|r 2022|||
|---|---|---|---|---|
||||31.12.22|31.12.21|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
|Total resources expended|70,115|2,312|72,427|77,359|
|Net income|4,298|(1,562)|2,736|7,673|