REGISTERED COMPANY NUMBER: 02388535 IEn8land and Walesl RÉGISTERED CHARITY NUMBER.. 701629 Report•f theTrusiee5 aThl Un*tht•d Flnanctal Statsments lorth* Y•ar EThled 310e(ember 202S for Bewdley Festlval ilmtted Dalton Pardoe Llmlted Chartered Accountants 794 Hlgh Street Klngswlnford West Mldlands DY6 8BQ Bewdley FeJ¢lval Llmftsd Contents ofthe fina￿1#15t•ternents for the Year Endtd 31 De¢embtr 2025 Page ft￿ort ofthe Trnslee$ I to 7 Independent Emsmlnerfs Report Stat•m¢ttt of Flnanctal ArttvStle5 Bè15n￿sheet Not•s ttst￿ Flnanrlal Ststements li to 18 Dètsiied Ststemerrt ol FlnaDclJl Athkles 19 to 20 Bewdley Festhtal ilmlted Report of the Trustees frylhe Year Ended 31 December 2015 The trustees who a￿ also dlrectors of the Charlty fw the purpJ5es of the CompaThle5 Act 2006, present thtlr rèport wlth the fvnanclal $tatements of the ¢harlty for the yeat ended 31 December 2025. The tW5tee5 have adopted provlslons of Accountlng and Reportlng by Chafltle5.' Statement of Recommended Praclke appllcable to charirks p￿ParIn8 thelr attounts In accordance vAth the Final￿01 fleportlngstsndard appllcats￿ in the UK and Republlc of Irelafid IFRS 1021 Itfféttfve i January 20191. rArtlttl¢Values At tl* Heart of 8Èwd* for 38Yea Bewdley Festlv?15oclety was formed In December 1987, whÈn a publlc nteetlng held In the Gulld Hall, decldEd to launch an annual festwal otthe arts. The Fem￿81.$ mLsslon Is.. Providlng access to art5 for the communlty of Bewdley & beyond. Bewdjey Fesiival provldes a dlverse rany ol the arts. ensurtng everyone In ourtt*mmunlty has the OP￿rtun￿V to actessand enloy the arts bcallyand to the ￿dest extent PQSslble. Thanks to the contlnued support and encouragement of the many members of the Socltty the Fe5tlval has deVe￿ped and expanded overtht years to become an eaÉerlyawatted partof the Bewdley and Wyre Forest calendar. The trustees have pald due re8ard to 8uldance Issued by the Charty Cornmtsslon on publlc benefftt In decldlng what actlvltles the charfty should undertake. OBJECTIVES AND AcTIV￿lEs Objertlves 8ewdJey Fèstival Is pr￿d to have malntalned Its hlgh artlstlc Stsndards and delNered varkd programmes emtra¢lng all aspetts of the arts for mary years. At the same tlme as ensurlng fjts. finaftclal viablllty. This Involves hostln8 hlgh qual￿ events for the enloyrnent of Ipcal in our beautlful town. We are onty able to hold these events because of the ￿rd work of OUT volunteers- our or8anislng commlttee. our tru5tee5 and the support we receive from our Patrons. Fest6val Frlends and Supporters. Bewdley Fe5tlval Umlted, 1$ a company Ilmrted by guarantee and a regbtered tharlty. Thè objects lor whlch the company wa5 establlshed are= To a(fvance the educatlon of the publlc particularly In the nelghbourhood of 8ewdley by the produrtit*n and promotlon of educatlonal plays and otherforrns of art Incl￿dIng the an of drama, dan¢iw singingand musk. . To provide facIl￿leS In the Interest of socl•l welhrè for recreatlon and other leisure time occupatbns, P3￿cularlY In tha neIgh￿)urhOod 0fBewd￿Y for the benefftt ofihe community. In ourAnnual Report2024we Set out our alm5 for theyear: Ckarty settln8OUtour mlssion and value5. - Dellveringa prograrnme of h)gh-qual￿, varltd tvèntsthrou8hout 2025. l)evel¢)p stratey for by0￿￿￿ the Festfval In terms of the audlence reach and the multl art5 events we del￿er. Thls Includes delNerlnga second step Into Stortes èvenL Bewdley Y¢)uth Festlval. wothn8 wlth k)cal schools, to support young people In developin8 their artlstr skllls and personal development. Help and SUpp￿rt our tommunlty through our Bewdley Comrnunlty Arts Founthtlon by 5ecurln8 fvndlng and encoura8lnB more people to partlclpète In treatfve artlvltles. . Continue to bulld our ￿sourc* base by attr3clln8 new sources of Incorne, attractlnB r*wvolunteers and expert athlsers. - Contlnuing to en5uTe that8ood govèmantè and buslness contlnuity processes are appl￿d. and that 8ewdley Festlval ts flnaftdallv viable. Page I Report of thtTrusie fvtheyear Ended 31 De¢ember 2025 Addevements Hl8hli8hts of 2025 I￿lUde.. In thè first halfof the year hekl 3 Death In Paradtse vlent and tr* ever popJlaf Lesley Smf£h. 80th e¥errts We￿ well attended and￿11 ￿e1Ved. Creatlve Art5: For the first time hehl three Pe￿1 aTrJ Palnt wkshops at Wrfbbenhall Rooms. The were sold outand enjoyed tythosetskFTh8 Part Wt*ryll hdd Morew￿￿Sh￿ in 2026. In additlon a Palm the Day*•*nt held In Lkiobtr. thr thanksto all tr#)se thjrtook part ar￿ & Newton for provldlng the pwiie5. ￿s0 thanks to Colln Slmmorth and Peter Shread for tl*lr excement •rt exhllltlon at the ￿ Wyre Forest Gallery In the Bewdley Museum. In October we htkl 17 events •yvss a ray of arts wrrt. tthmty. drdma and spoken vKrd. We tA￿rned both local and IntematThalty kn(ywn Muslc evenlngs incbJde(l the Toby Lee Band and Roland GlfL v1h1￿ the httemath)nalfv rer#)wned pian151 MaFk Bebblngron Ireturnlng to fest￿al after 19 years) brought U5 a *vnderfvl evening of dassKal musKat StAnne's awJrch. Come¢fy from Rla Urta, pw frorn the brillièrt Brian 8i15ton and t￿ one man play Anlrnal Farm Idelfvered wlth great sklll and nergy by Sam Btyrhel were just partof thevaried and w0nderful￿delI￿ered wogrnmme. For the 17 evtnts ￿ld In the nHln fesU¥41 we sold Illj) tkkèty whkh wa5 72% of the tthts avaIlab￿. Slmltsr to the fl￿￿$fOr2024. SIX ebtntswere sold out We used fwr kol venues arwj attraC￿d sponsorshlpfrom 25 IDcal ￿lnesS Pathrs. In NobErnbertA* Issued woJstorneryJr¥eyto $85 (￿t￿$￿1th 160128%) tolry retymed. The Onts: 91% wtrt satbr￿d wlththelr exper*nce oFftstNal. 90% thovght ￿ dellvered ￿lut formonev. 97% ofall ￿StOmerS confftm11￿tlW7￿￿1d corne backto 8e*xl* FestP4alagaln. Comments Sncllthd: Yhevoltsntws ltsjked after us wwell leftn* a warn1 thrwl. °Otte a8aln. the Femival sewned to go very smoothty_.purthd ¢YJer we4hL A credrt to all In¥ofved from irteptlon to tompletlon." 'IVsan Incfedlbty hlKh war￿4nd Int ￿tar$￿ a rekththfsrrtsill le5tt¥al. We'￿%￿YfortYnateto in Bewd*.' Importantty artists enjry performirq at ￿ert$. I￿1 audi?￿e5 arevery*EkoTrlry and thank5 to tremendoustAYJrk done by ovrorBanisingcornmlttee and Ow*￿n1eel1 e¥•)ts a￿ prknly The Wyre Forest Young Mu51cian olthe Year was held In (h*r a do￿Th aetstook part. Thè performance5 *Ere ofa very hlRh standard and 7 prizes *Ere awarded Indudlng bÈtt comwslt*)n: best sok) performartt ar￿ L￿t tlassital muslctsn. Our thanks to Peter Barnett lor Or8a￿￿lng these events cr•er many yéar& Atso our thanks to Bewdky Rotsry aub for their supp)rt In provldln8 the prlze5. Delfi¥erl￿ eventsto the arts forywry people r•)Wrs a key obittifve ol our FestPAI and Is somethI￿we vRnt to devebpfvrther in 2026. Step Imo stO￿e$. wt held our second on+&y fe$￿al In AN4. a ce*br*ion of and storie5 for chlldren whkh I￿ so Important to thelr development. We learn more abwt ourselves wr enwtK)r•l a)nneciions to the chardcters we read ab)ut. but we also learn to devehjp empathy through maklng conr*ctk)r& wlth characters who a￿ ¥ery different from oursefves. Ttr￿re Ls mountlng of a thclirte in thibjren's reathnq. Page 2 BewdkyFestfval Limited Report of theTrustee5 lorthe Year Ended 31 December 2025 08JEcmiES AND AcllviTIES Tar8eting chlldreTh In school 48e 8roups from reception. key sts8es l and 2, our programme was fvll of performan￿$, and in some cases h•nd$ on sesslons. wlth some of the besr avthors, Illustrators. ￿ets and storytsllers in the children's story world today to bring storles al￿e. Nineteen events held across sIXdlffe￿nt¥efiUes provided a Breatday In the town. New thts yearwe Introduted a stries of free. In-school author Èvents across the 3 xh¢)ol$ In Bewdley. Thesè were held the day before the maln event In the town and wets generousfy supported by The Elmley F¢wndatlon. Our than*salso 80 to Ed Shedfor supportingthe day. In Septsmber the Councll of Mana8ement a8reed to Introduce a new 5peda115ed Theatre Managemerf System whkh WIN streamllne 5elllng tlckets to our customers. lrnproye wr ¢ustofftr relati¢)n$ rnana8ement and enabte us to keep our webslte mole p to datt. The OSCAR system h*ni Ilve in November. FINANaAL A￿￿Ew Fina￿[al Revlew Wrth regard to ourfinances ouralms art to- -énsure that hl8h standard5 of regularty and propdetyare applled tothe management of ourlunds. . ensure that Bewdley Festfval Llmlted 15 flnanclalty vlable and an adeqU￿t level of fvnds are held In rèséNe to meet unforeseen clrcumstances. - ensure thatour￿£ket prlclng Is cornmensutate w￿h ourcompany's oblettlve. In the 12 months endln8 On the 31 Decèmber 2025. we delIve￿d a surplus of £8,851 and the money held at the bankwas £58,350. Networth ofthe tharrty £60,163. step Into5tor]es. . . Fest￿al Events 1£) 1£) Totsl 1£) 77.691 7.924 8S.615 169,9781 16,7861 176,7641 7.713 1.138 8￿1 Income Surpbjs ReseNes pohty The tnjstees conslder It prudent to mal#tsin feseNès of appToxlm8tely £50,CQ) or 50% of turrthier whlchever 15 the greater. Thls take5 Into acc¢yJTht our heavy rell8nce on tfcket sales whith (an be volatlle and the (ash flow whlch Is uneven rnonth to rnonth. Thls level of reserves Is Intended to allow us to have two toss maklnB year5 and 5tlll be able to operate for a thlrd year.The pollcy Is nder re¥lew a5 we conslder the1￿Ule plan5 of the festlval and thetype/slie oteventswe wlll hold. We do face challenges. Relatw small venues make It drfr￿uIt to attract ￿11 known artlsts. Costs such as hlrlng ¥enues,' artlst's fees: buyfjn8 In sound and IIBhtlng equlpment are Sncreaslng. We lace cornpetltlon and the Impact of reduclne levels ol dtsposable Income when tryln8to sell tltkets. It Is dear that muslc and art festfvals Ilke ours fa￿ slmllar 5ignlflcant challenges Includlng lThcreaslng costs,. a drop In demand for titkets and attf8ctin8 the levels of 5ponsorshlp needed to deliver a qualrty prograrnmt. Thè Assotlatl¢Th of Independent Fesdvals repJrted on November 2024 that 204 test￿41$ have closed slnce 2019. Pay3 Rtpwt o1theTn￿eq$ frytheyear Ended 31 December 2025 ANANaAL REWEW Rtsk manawnent The trusrees have a duty to Idenufyand rev*wtte rtsk$tyTMthkhthèthar￿ Is ÉXF￿$￿ t0en5ureapF￿OprIate controls a￿ In place to provlde reason•lJle a$sUra￿e agaI[￿fraud and em>r. The rtsksthe charlty faces are at leasttykna ￿r.Atte￿tkn 158i¥en tOtsacih￿ to be taken to Wp mll*ate tr￿ rtsks: artlst]s Inluredata festr4al ev2nL compknd at eath ¥enue.flrstAldws ateach evenLPubltt Ilabllity tr￿Ura￿e In plKe.Trnlnln8 prryilded forour Proper•ccounttri malntalt*il.Hold a prydent [c￿l0f thetru%tresthlthrthly meei1r)8soft￿ ory1n￿1ng c￿nn￿.Tkket saksd05e￿ monltsred. and actkin tsken as .. Key peoplewlth valuabfe artdskllbarE ' S￿CeSS￿n plafLn￿K￿ krfrymatknn hekl ￿ntraIlY.E￿￿r1gÈ notable to 511pwirt rnorEv0￿n1eer5 to get lrhv0b￿d Indi￿n8 subfvrtexp&ts. Rekwtstbnal rbk of e¥pnts WrqcarKelW •t$fr￿ Careful selecthjn of actsznd Ma￿thIn good contsctwlth Ilsts malntsined.Tlcket rethjnd pr¢¢e$5es In ￿ and PLANS FOA 2026 In 2026 we wlll= - Furtherdevehjp our llnkstott￿ community** ser¥e. Delfverourthlrd Step Into St￿1*$ event In Aprl. . Dellvèra wogramme ofhigwlty, var*d events yearand p•rtkuhrly In October. . Work kncal schoo￿. to supwtyoun8 people In develtyMDgtslrart15* skllbaNI per50nal d￿lopme￿L . Seektoa¢trartaddilional fundlngto suppJrtthe*Thk we th). - k*lp and 5UPPOrt our community thrtrJ8h our Bewdley C(Wn￿nItY Arts Fwndathn ty securlrq fvndlng and enc(wraging more peop* to participate In uea¥¥e actsvths. . ContsnuetOensu￿ good80bErnan￿ and COminthproce5Sesa￿apPled. and 8ewdleyFestfval Tr5 financIally￿a￿e. Structure and M4na¢*nent The tharity Is controlled by its wMiir¥ docurrrt a deed of rruK a￿1 ¥ Omthl company. fwnited by guarantee, as defi￿d byt￿ Compan*s 2006. fteptxt ofthe Trnstees l•rth•Year Erkled 31 December 21ll5 There a￿ IV￿ key groups. The Councll of and the Festi¥31￿ CL¥nwrkn. The chaiity15 governed by a Coun¢il of Mana8ement la maxlnxmi of IITnkns1 of S can be nomlnees of FestNal Soclety lone gfwhth & the ￿ety Chatrl. remalnby 6 n*mbers are hxal pe* appointed for theweyrtlse. the Festlval T￿aSUrer d the CornpanySe¢retary.The tFUStÉesvKYk tothequklaKe Iytscharlty Ctyrtmls Councrl ouldesthe strategk dlrecthjn oftr* Festr¥al and ￿nItorS c0mprw￿e with its statutoryobugathns. It rneets bl monthty to Consider progress, approve tyJdgets and anrH*l flsks. rv4ryew ￿ ¢wln8 flAanck)I POSit*)n ar￿ to Safeguard the Festivafs orSgfnal alms and obpc¥ve5 ONI o¥erall art￿ integr6ty. It akn Iktses wlth organtsatbr6 such as Companles House, (harfl￿$ Commlsshjn and PerlmlwJ R*hts IPPLPRS Ltdl. 8ewdley Festfval SocSety Commjttee meet every rnonth. The 15 ￿MberS of wmmlltee a￿ responslble fr*r the plannln& orgaThlsln8and de￿ery of fe5tfval events. In 2025Tre•Th Piice Tttlred asthe chairolthe committee passed the-baton" ¢)ver to Alastair ElllotL Trevor led the commlttee thrtyjgh many ChaI￿Nee$ ffftr hL* 7 years In (￿rye. HIS many aCh￿eMe1￿ Include bri￿1￿¥ newpeople onto the commlitee: at11atti￿ new Partners and a vakwble networkofcontacts. Legal EMIty Bewdley FestNal LirnSted 15 a thjrltsble company Ilmlted ty guarantee. It Twas irKorpJrated on 24 May 1989 and rewstered as a charity on S June 1989. The company was ertablished under a Mel￿rand￿m of A550d*k>n whkh estab]bshed the obkcts and )wers of the charltsbk comp•ry and L% etr¥tmtd wxler r4AsxxiatTh. The trustees. who are aLw ihe dlrectofs ftr tht wrpost CA CO￿￿nY and wlK* seThed the year. up to the thte of sIEnaturè of the flnandal ststements *tre: Orthnary Members: Mr PG Potter ICh•lrl Mr N Subert (Company Secretary) MrGM Comer MrG J La-Borde (TreaSU￿rI Mr ￿ Mander Ms N Appwrth 5￿ty Commlttee tr&)mlnated Members: MrTE Prke (Retsred 7th Juty 20251 Mrs S Humphd Mrj Fr05t Ms R Tucker MrA Elliottlappolnted 29th AprS120251 MrG Wllllarns lappolnred 30th June 20251 In May were sad to hear Jock Galts£her had passed away. Jock was Or￿ of the or5Blnal ￿￿rnber5 who stjrted Bewdley Festlval. Through wth BBC at pebb￿mIll he w•5 re¥￿nSIble for br*lfig Some great acts to 8ewdley. He was a twstee for manyyears and remained a great frknd and wpporrerof fes¥¥al. He ￿11 be s•d4f mlssed. A5 well as wekomln8 Alastsirto the Coundl of Mana8ernertwe also pleased to *tkome GwVlllll•ms as a r*wtrustte. We are f¢)rtunateto have such a stroryteaffl of tru5tee5wh) are wllllryto ghe thektlme andexperttse t0￿rfe$￿V•1. As required by our ff*morandum Graham Com?r Rkhrd MaThler lev￿ ty rotstkn and belry el￿b￿ offer themsefves for re*lertion. All tnjstees gfft their v￿u￿ta￿fy and berth from th? dwrfty. *Jry expew redalmed ty the trustees fr￿ the har￿ are set out In the notes to the accounik In t￿ eventofthis tompany belryw>und up. tre labaity ofa Btwdlty F*s￿al Umknds trustet is Imittd toÉl. Induttlon and tralnln¢ of I￿￿truSte¢S Where the￿ s a Wuire￿t fLY newtru5tees. ttwtAwld be Identlw and apM)knted ty the remathi￿tA￿ÈeS. The chalrof the trustees Is responsib￿ for the indLKtw of any new twstee. which Irr￿¢$ aware￿$$ ol a trustee￿ respon51bllltle5. the 8ry4ernln8 document, adminlstrati¥e procedu￿ the historyand p￿105￿ka[4pprQ￿th dthe Bewdley Fe5tlval LIM￿ad Aeport of the Trnstees for the Year Ended 31 December 20Z5 STRUCTURE. GOVERNANCE AND MANAGEMENT wtder network The tharity is not part ol a wder network Related panl•s On 20th June 2012 SGH Vènue ManagemenL now known as St George's Hall Bewdley Icornpany Ilmlted by guarantee), was Incorporated. It was ￿lIStered as a charlty on 23rd October 2012. 7he membefshlp of th1$ comyny Includes one 8eW￿eV Festh*al Limiied's trustse. Mrs S Humphrles. The oblett of SGM Venue M•na8ement Is to furtheror ber*fit the resldents of aewdley and the wrroundln8 aw. In partlcular, tt refurbtshmentand runnlng of St George's Hall. as a Communlty Arts Centre. In the eventof thls company beln8 wound up, thè Ilèbllltyof bewdley Festfval Llmlted's rnemkr Is Ilrnlted to El. REFERENCE AND AOMINISTRAmiE D￿All5 Reglstered Compar)y number 0238853S (England and Wales) Reglstered Ch¥lty number 701629 Reglsiertd offlce St Georges Hall Load St￿t Bewdley Worcestershlre DY12 2EQ Trustees G M Corner J H Frost Mrss Humphrfes G J ia-Borde R J Mander P G Potter - Chalrrnan I Chalr I T E Price (resigned 7.7.251 M5 R CTucker M5 NJ Apple8arth AS Elllott ¢aP￿]nted 29.4.251 G M William5 lappolnted 30.6.251 Companysecretsry N 5ubert Independent Emamlner Colin Da￿on FC4 Dalton Pardoe Lirnlted Char(ered ActountsThts 794 Hi8h Street Kln8swlnford West Midlands DY688a Page 6 Bewdley Fe5tlval Umtted Report ot the Trustees fortheyear Ended 31 December 2025 REFERENCE AND ADMIN15TrATIVE DETAILS 8ankers HSBC Bank PLC 31 Church Street Klddemilnster Worte5tershlre OYIO 2AY Unlted Trust Bank Ltd l Ropemaker Street London EC2Y 9AW TRUSTE￿, RESPONSIBIL￿ STATEMEKr The trustees Iwho are also the dlrertors of 8ewdley Festlval Llmlted for the purp05es of company lawl a￿ resp)nsible for preparlr the Report of the Trustees and the ftnaftclal statements In accordance wlth appllcable law and Uniied Kln8dom Accountlng Standards Iunlted Xlngdom Generally Accepteil AcCou￿1n$ Practkel IrKlUdI￿ Flnanclal Reportlrg Standard 102 °The Financlal Reportlng Standard applkable In the UK and Repubjkol Ireland.. Company law requ1￿$ the trU￿te$ to prepare ftnarKlal statements for ￿ch 1STranclal year. Under that law. the trurtees have elected to prepare the flnanclal statements In accordance wrth Unlted Kln8dom Genenlty Actepted Auountlng Practlce (United Kln8dom Accountingstandards and appllcable lawl. Llnder company law the trustees must not approve the financkl staternerts unless they are satlsfled that they give a true and falr view of the stste ol affalrs of the charl¢able company and of the Irntomlng resources and applkallon of resources, includlTrg the Income and e%￿ndIture. of the charltable company for that perlod. In preparjng those ftnandal ststements, the tnthees are requived to selett sultable accoufttln8 poncles aftd thèn appty tl*m ¢on$tsientty- observe the methods and princlples in the Charittes SOAP: MakelLtdgeMer￿ and estlmates that are reasonable and prudent- P￿pare the financkl statements on the going concern basls unless It15 Inappropriate to presume that the charStable compny 11 contlnue In busIn￿. The trustees are responslbk for keeplng pr¢¥)Èr account1r￿ recwd5 whlch disclose with rea$￿ablE accuracy at any tlme the flnanclal posllton ol the charltable company and to tnable them to ensure thatihe finarrt*l statements compty with the Companles Act 2006. They area150 reSpon￿bIe for safeRuardln8the assets of the tharltsblecompany and herKe fortskin£ ￿¥Sonable 5tep5 for the weventlon and dttectlon of fraud and other Irrequljrltk Thls report has been prepared In a￿rdance wtth speclal provislons of Part 15 of thÈ Companle5 Art 2Crt16 relatln8 to small comynles. Approved tyorder he board oftrustees on 18 May 2026 and $￿Tred OTr ￿ behalf by: PGPottèr. halrman. Trustee Page 7 lrtdependent Exarniner'5 Report to the Trustee5 01 8ewdley Festival Lifflited Independent examlnerfs report to the ttustee5 of Bewdley Fesilval Llmlted I'the Company'l I report to the charity trustees on my examination of the account5 of the Cotnpany for the year ended 31 December 2025. Responslbilities Ènd basi5 of report A5 the charity's trustees of the Company land zlso its directors for the purposes of company lawl you are responsible for the prepar3tion of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having 5at15fied myself that the a¢¢ounts of the Cornpany are not required to be audited under Part 16 of the 2006 Act and are eliglble for independent examination, I report in respect of my examination of your chzriry's accounts as carried out under Section 145 of rhe Chèritie5 Act 20111'the 2011 Act'l. In carrying out rny exarnination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Act. Independent exarniner's statement I have completed my examinètion. I confirm that no matter5 have come to my attention In connectlon with the examination giving me cauke to believe. accounting records were not kept in respect of the Company as requlred by Settion 386 of the 2006 Act.. 01 the accounts do not accord with those record5; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair viewwhith 15 not a mztter considered as part of an independenr examinatiDn,' or the atcounts have not been prep3red in accordance with the rnetho05 and principles of the Statement of Recommended Practice for accounting and reporting by ch8rities Idpplicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have corne across no other marters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Colin Dalton FCA The Institute of Chartered Accountants In England ènd Wale5 Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Midlands DY6 88Q Date.. Page 8 3L12.25 T4x•I lunds 31.12.24 Total fvnds INCOME AND ENDOWMEP4TS FROM Oonatlonsand ￿@adeS 38.637 Ch•rttabl• athttles Incorne 54A78 5V78 55,546 Investment Inton $41 292 T¢x•I 85.615 94.475 EXPENOITURE ON Chithable •ttMtI•s ExpendRure 110,815 NET INC(V¥lVIEXPENDITUAe} 116,3401 RECONCILIATtON OF FUNDS Tot•1 lunds brou8ht lomrd 51JlZ SL3 67,652 TOTAL FUNDSCAARIED FORW¥•JlD 60.163 51.312 The notes forni part0ft￿ fin￿￿1 stthnxnts Page 9 Blwdley Festlv¥l Urnlted Balance Shtrt 31 Dicember 2025 31.12.25 fotsl 31.12.24 Unrestvkted fvnds Restritted fvnd$ fur Notes FIXEO ASSETS Tanglble assets InVe￿￿ents 14 439 17 439 27 27 CURRENT ASSETS Debtor$ Cash at bank and In hartd 16 6,193 5B350 6.193 $8,550 IA87 51,937 53124 CREDITORS Amounts fallln8 due wf(hin one year 17 14W61 14.8461 12.5391 59.697 59.697 51285 TOTAL ASS￿ LESS CURRENT LIABILMES 60.163 60.163 51,312 NEfASSETS 60.lfa 611,163 51,312 FUNDS Unrestrlrted funds 19 60,103 51,312 TOTAL FUND5 60,165 51,312 The charftabje company ts entitled to exemption from audlt under Sectknn 477 of the Companles Act 2￿6 for the year ended 31 December 2025. The members not requlred the company to obtaln an audlt of its fina￿￿1 statemeDts for the yearended 31 DeCem￿r2025 In accordan￿ wf(h Settion 476ofthe CompanlesArt 2C*)6. Thetrustees acknowledge thelr ￿spOnsIbIlItIeS for ensyrlnE that the charitsble company keeps accountlnl rec¢Yds that comply wlth Sertlons 386 and 387 of t￿ Companles t 2Q)6 and preparlngfftnanclal ststemertswhkh glve a true and falf vlew of the state of affalrsolthe chariiable comparry a5 at the end of each Anancl81 year and of it5 Surplus or deftdt for each ftnanc141 year In accordance wlth the rerwiiemènts of Sectlons 394 and 395 and whl£h othe￿1$e comply vAth the requlremthts of the Companfes Act 2006 ￿latIng to finarKlal statements. so far as applicable tothe charltsble CoM￿nY. These financlal statements have been p￿pared In acCOrda￿e wlth the pro¥L8lon$ applicable to charltable compan*$ sublett to the $mall companles re8im2. The financlal ststements were approved by the Board of Trustees and authorlsed for Issue on 18 May 2026 arKI ¥Rre slgned on ts behaff by.. PGP - Chairrnan-Trustse The notes fvrn partofthese financial 5taternents Pa8e 10 for the Y67r Ended 31 December 1025 B•sls ol Pl￿rI￿# the Ilnandal statemu The ftn•nckl stattrnents of the charltsbk crffipgny. T*thkh b • Ndjllc berdt •niity under Ff¢S 101 h•vt betn wépared In accordance wlth the Chariltes SORP IFRS I021'AcC￿nI￿nK and RepNtlng ty Charltles: Statemem of Recomft*nded Practke appltcabk to charftles p￿￿rITh8 thelr atttyjnts In accOrda￿e wlth the Flnandal Reptrrtlng Standard applkable In the UK and Republlc of Ireland IFRS 1021 (effec￿* l January 20191,. FlnarKlal Aepjrting Standard 102 The FInanc￿l RepMin8 stsndaid appficable In the UK and Rewbk of Irel•nrf aThJ th• Cth))panl•s N£t 2006. The fiNncl•l staternerts have b¢wh paf•d under the htstorlcal costcOn￿n¢￿￿. tth the exceptIoAoflbweskn￿ts whkh are lftduded at m•iketv•lue. Inrome I Ir)come Is reco8r¢lsed In t￿ 5totsment of FIn•￿41 Artfv￿ orte the ch•rlty h•$ *ntltlemwtt to the fund4 11 & probab thatthe Irlcome wbll be rtteTh*d and the arnc￿rt can be rneaswed ￿l￿1b￿. Cash donatlons I￿ rtco8nlsed on iecelpt. Other are rLwn15ed oncé thè charity has been ￿lfied of tP donatlon. unless perfom4rKe condith)ns wilf* dèlerral of thè arn￿￿L Ir*orne t•Jt rtcCNtrab￿ In relatlorb to donatlons recew underGWr Aldor deeds ofcfNen•rt b reccfn1￿d at thètlme ofthe domiion. L•81cl￿ Ire retognlsed on recelpt orLtheTh¥￿ Ifthe ¢hrlty Iw been of •n lrnpendlrq dlstrfbullon. the aft￿U￿t Is kntr•m. and recelpt bexpected. Ff thè ts trnated￿ • contlrytnt •S*t. Income from tradln8 adfvities InC￿deS frorn fvndr•Wni e4ents Jnd tr•dlft8 •rtJ¥ttks to ralse fvnds ts the charlty. Income Is recèNtd In exchary for supptylnq goods and serte5 kn rydei to rnlse funds and 15 le￿nIsed wrt*n entltleme h•s occurred. No •mount b lrtchJded In t1￿ stJten*nts In llne wfth the SOftP IFAS 1021. Furthor dttall Is ilwft Trustoes'Annwl Re￿. Government8rants aré recoBntsed at thelrfalrv¥lue of the ass•t rtt•trrtd or rnc•+4•blet*t*n thero Is re•son•blè issur•fi¢e th•t the ir•nt condltlon5 ￿11 be met •nd the irant¥AII be rttefved. A grnnt th•t sp•cffies performinc* condMoAs Is reWnl￿d kn knxr* *ther* tr* perfQrrn•n￿ cor*dltlons •r• m•t. Where • 8rnrbt does not speclfy performarKe Mr￿￿10Th5 k Is re(￿A￿ed ITh t*hen the pr(Keeds •re reckned or recolv•ble. A Irnrbt rec¢￿ed before ihe r•co¢nlllon Ire ut15f*d ￿ rewylsed u • Ib•blllty. ¥endI￿r• Ll•bllltlt$ 4r• r•co8nls•d as e¥4>endlture is s(W •5 thu•1s a orc￿lIn￿tI￿ oblWtlun COMM￿lfie the chrfty to th•t exFend￿ufe, pr+)b•bl• t￿t a tran51er ol ecowk benents VAII be requlred In setllemeni •nd the amount of tht obllgatlon con te measured rell•bty. Expèndbturt ts amnted for on In ¥cA￿lS tsa$15 •nd has been cl•ssined undtr headlny that •88reyte all cost re￿1￿ to the category. Where cgsts cannot be dlreclly ¥ttritwted to yrtlcul•r headlngs th•y h•v• bÈen allocated lo•¢t￿ on • b•Shcon￿$teftlWlth the use of resour Supwt Co Support costs are costs th•t •ssbrt the *•rk of tht d￿rfty trxrt do hot dréttiy rew•sont ch•rltsble xtI¥ll￿$ and Include offke al￿ 1ry4•mIn￿ co$￿ Incurred dtrertlyln YJPFrf ofe¥pendlture on the otyects of the charlty. Tan￿1*1￿ •s3ets Depredatlm Is wvllded 4ttr* folkyMry•nnual rate5 knryderto*Ytteoff exh •s%etover ltsexim•ted usefvl Ilfe. Flxwres and fitting5 Computef e4ulpmint 20% on wst I￿onC0st The galn or loss on the ￿￿PD5al of an asset ts detefrnined as dIIfe￿tte bet*en thE 54le Proceeds and the c•rrylw value ofthe asset, and ts rtttfn15ed In the w Ir<{•￿/{eXPendrtvrè} year. The cost of rnlTh)r oddlltrffis orthosec05tSr¥ b¢kw £5￿4￿ not c•oi•llsed. Tax•tlon The charlty Is exempt fromcorm1ra￿Th taxon115thawltsb* atthltjes Charknbk fvnds Unrestrkted fundstan be ￿ed In Kc(YdarKe with thèd*rttablè objeckn atts th5¢￿tIOn ofthe trustees. eli Bewdley F•rtlval Llmlted Ilotes to the Flnandal Statements- c4>ntSnued forthe Year Ended 310e¢ernber 2025 AccoupifiNG pouaES-contlnued Charltsble fvnds Deslgnated fvnds comprlse lunds whkh have been set aslde at the (Mstretlon of t￿ trustees for specik purp95es. The PUrF&￿sand uses of the desl8natsd fvnds a￿ set ￿t in the notes to the financlal statements. Restritted fvnd5 can orbly be used for partlcuiar restrtrted purposes wlthln the obherts of the charlty. ReSt￿tIonS arlse when spKlfled by the orwhen funds are ra15ed for partlculaT restrtcted purFose5. Further ex￿•￿81￿n of the natufe and p￿r￿￿e of whfund Is Included In the notes to the financlal ststements. GolThK Atthe tlmeof approving finantial ststèmtnt% the trustee5 have a reasonable èxptrtatlon that the chadty has adequate resources to contlnue in operational exlstence for the I0￿$ee3Ne future. Thus the trustees continue to wdopt the golni concern basis of accountlng In preporlnglhe finarKlal statements. DONATK)NSAND LEGAaES 31.12.2S 31.12.24 Donatlons andwfts 38,637 INVESTMEpif INCOME 31.12.25 31.12.24 Deposltaccount Interest 292 INCOME FROM CPIARITABLEACTivmES 31.12.25 31.12.24 Artmty cket and programme sales Commlsslon ￿ceiVed Advertlsements Other Incorne Intome Income Income Income 51555 $4,056 425 425 640 869 L054 $4,478 SS,546 QIARITABLEAcnvmES COSYS Olrert C05ts1see 61 support 05ts1see note 71 Totsis Exptndlture 44.536 76.764 Pagè 12 tlnued... 8ewdleyFesllval Umlted 14otesto ihq Flnandal Ststements- contlnuqd forthe Yeat Ertded 31 De¢ember 2025 DIREcfcosTS OF CHARITABLE AcfMTIES 31.12.25 31.12.24 Antsts fee$ Hlre of venue etc Comml55kJn on tlcket sales Art projects Performlng Rlght 5 Youth events 33.461 7.938 950 707 7YS 705 37,404 31,939 1,013 1,809 525 44.536 73.679 SUPPORTCOSTS oirice and other cos GOverna￿e costs TotaLs Expendliure 31,148 1.080 31228 sUP￿rt¢0$ts. Included In the abfft, are asfollows: OFllce and other wsts 31.1125 31.12.24 Total art￿ltIeS Expendlture Waees Office runnlng costs Ftsiures depretiation Posta8e and statlonery Adventsin8 Sundrles Glfts Meetln8 rooms Subscrlptlons OE Refunds DonottOnS Raffle Prlze5 Workshop &)up Trall Bank charges 9.IS5 8.951 iio 39 IL955 7.222 8.490 3,285 783 352 $41 2SO 3.027 L132 422 430 ioi 3L148 36.116 >LIZ.Z5 31.12.24 Total actlvlties £xpertditurt Indeperthnt examinatlon L020 Pa8e 13 contlnued... Bewdley Festhl Umlted Notqs tuthe Flnandal Statemerbts- contlnued forthe YearEnded 31 De¢ember 2025 OTHER 51.12.25 31.12.24 Support costs 32.228 37,136 NEfiiicoMVIEXKNDITURE) Net Income/lexpèndlturÈl Is stattd afterthar8lWlcredllln81: 31.1125 31.12.24 D•predatlon- owmd assèts iio YAU5TEEY REMUNERATION ANO BENEFITS None of the trustees lor any p•rson$ connethtd wlth them) rece￿ed Iny remuneratk>n or beneflts from the ch•rlty durlnq the year. Tru￿4•¥, qxponi Sundry expèn5e5 of £2,082 were relmtr￿r$ed to four Councll members for hoswiallty exp•nses and admlnlstratbrb C05ts. In 2024, £1,294 was pald to fl¥t members of the Councll. STAFF COSTS 31.12.25 31.12.24 W•4e$ and salarles 9.155 IL955 9.155 11,9 The ovef•ie rnorithty nurnberot employees durlnBthtye•r •5 followj: 91.12.25 31.12.24 Admlnlstr•tOT No employees recelv•d emolurneTht5 In excesj of £60,000. 12. COMPARAnvtS FOR STATEMEwf OF FIP4ANaAL AcnvmE$- YEAR ENDED 31.1124 Unrestrlct•d funds R•stritted funds Totsl lundi INCOME ANO ENDOWMEfr17S FROM Donatlons and legacles 35,537 3,100 38,637 Ch•rh•bl• •rtlvhlei Incorne 55,546 55.546 In¥e51ment Income 292 292 Tothl 91,375 3.100 94,475 EXPENOITURE ON Charttabl• artl¥llle5 ExpendRure 106,825 110.815 NET INC￿￿￿(ExPE￿OlTUfftÉ} 115.4501 18901 116,3401 Page 14 ontlnued... Bewdl•yl•siival Ltmltld Nolesto the Nnondal Statement$- wntlnued fortheyear Ended 31 D￿eMber 2025 COMPARATIVES FORSTATEMENTOF FINANaALACTMnES.YEAR ENDf0 3L1124.¢th)tlnued Unre5trtted Restrkted funds Total lund5 RecoNauATION OF FUNDS Totsl funds brought torward 66,762 67.652 TOTAL FUNDS CARRIED FORWARD 51,312 51,312 INTANfjIBLE FIXEDASseTS Computer software COST At l JaNary 2025 and 31 December2025 1.200 At l January 2025 aml 31 December2025 ZOD NEf BOtX( VALUE At 31 December 2025 At 31 Decembèr 2024 14. TANGIBiE FIXED ASSETS Flxtures and ffttlngs Computer equlpment Totals COST At l January 2025 Addlllons 10,761 10.761 $49 At 31 Oecernljei 2025 lQ.761 549 DEIIREOATION At ljanuary 2025 Chargelor year 10,761 .761 iio At 31 December 2025 10.761 10.871 NEf BOOKVALUE At 31 December 2025 439 At 31 December 2024 Pa8e IS contjnued... UnlTrsted IrNestments MARK￿vALUE At l January 2015 and 31 Oecember 2025 27 At 31 Otcernber2025 27 At 31 Oe(ember2024 27 There We￿ ￿ Investment assets UK. i& OE8TOKi. AMOUlnS FAW146 OUEIfftIN ONE YEAR 3L12.25 31.12.24 Othef debtors Pfepaym*nts and accrued kKome 335 1,552 5.549 1,887 17. CREDrrLK. AMCW14TS FALL￿6 DVEWIThIN ONE YE 31.1125 31.12.24 Otr*r creditors <¢Yuats and dèfeffed Incorne 2,045 2,539 Mlnbmurn kase payments under nonn, J pr￿at¢ cOrn￿ny Ilmlted by gu•rnntee, w•$ IrKorpornted. Membershlp of th1$ cornparbv Includes two @ewdley Festfval Soclety Committee members Mr5 S Pennlngton •nd Mr N The object of The Bewdley School Foundatlon Is to advance the educatlon of the puplls It eowdl•y School whlle PAylng due reeard io the obllytltsn to promote ¢ommunlty ¢ohe$lon underthe Educatlon Acts. In t￿ ev•nt of thlscornpany belry wound UP* the118blllty of e•ch Bewdley Festhial Soclety Commlttee member ￿ Ilmknd to £10. Page 18 Bewd* Fe￿￿41 Urnked Detalled Statement of Flnan¢l41 A¢tl¥ltles fortheyear Ended31 December2025 31.12.25 Total funds 31.12.24 Total funds Unrestrlcted funds Restrfcted funds INCOME AND ENDOWMEIM Donatlons and le8ades Dongtlons and 8ifts 30.S94 30￿94 38.637 Investm￿t In¢om¢ Deposlt account intèrest S43 292 ¢h•rftsble artl¥ltEe5 Tlcket and programrne sales Commlsskjn recerwed Athertlsernents Ol￿rInC0Me 52.555 54.056 425 425 640 L054 L054 Y1.478 S4A78 55,546 Total InMmI￿1e51)ur(es BS615 85.615 94,475 (PENDITURE Charltable acll¥ttles Art￿ts fees Hire of venue etc Commlssion on tlcket sales Art projects Performln8 R*ht Soclety Youth events 33061 7,938 950 707 775 705 33.461 7,938 950 707 77S 705 37.404 3L939 L013 525 44,536 44.536 73,679 Support costs Offlce and other costs Wages OFfKe runnlngcosts Fixture5 dep¥ecbatlon Postage and 5tstlonery Advertisin8 Svndries Glfts eetln8 room5 Subscrfptlons 9.155 8,951 iAo 9.155 ¢951 11,955 7,222 39 5.345 3.783 X16 352 262 29 8.490 3,285 so 541 250 3,027 1,132 3.78J 352 unds Donatlon5 Raffle Prttes Workshop SoupTrall Bankcharges 129 422 430 ioi 422 430 ioi 135 3L148 3L148 36,116 Go¥emarKec05ts Independent examlnatlon 1,020 Th15 page does not form partof the ststutoryfinancial stattments Page 19 lor the Year Ended 31 December 2025 31.12.25 Total funds 31.12.24 Total funds funds Total re￿ICe$ expended 74764 76.764 110,815 Net lexpendttsreVlnwm• 8A51 8151 116.3401 Thls pale does l￿forM partofthe statutory fvna￿l thtemer Page 20