She￿and Folk Festival SocEty
ANNUAL REPORT OF THE TRUSTEES AND
UNAUDITED RECÈIPTS & PAYMENTS ACCOUNTS
for Ihe ye8E ended
30 Sepl8mber 2024
Charty RwJI*rat￿n ￿ SC013446

Shetland Folk Festival Society
AJ4NUAL REPORT OF THE TRUSTEES
for the year 8nded 30 September 2024
i'e T'.J*pes refth towthÈr*ith
de￿nd￿nI o¥•ivrérf$ JO $4tsthr2024.
REFEREkn%ANDADPANISTrATrVEINFORMAnOM
JENTEXIMINER
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. & Accounbn
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bib-. .IS4CHAIITY NWBFR

Shetland Folk Festival Society
ANNUAL REPORTOFThE TRUSTEES
fof the yearend￿l ￿ Sept￿ber 2024
S-<UETJ URE, G(bVEIWNeEAHD MANAGEMFNT
fA)t4S"I"ii-Jrio
Sheihnd FrAk Fe*pA was d#bTed as o Ch8rtèDk Tnp* uThJer fv L¥w ￿ &xl￿
Trust&%tsW #*dob¥of27 Mtyy 1987 31 Awust 1987iDrknSP+P.
aT#abkn St&tsw4•9r4ntsd ty And CuJtUM on 31 I￿7
AFp0,','4niEfr￿￿ TRUSTEES
Tr,..￿.eS *14d a￿￿￿ by a maiofity v£ie d thoae and erth to th qt
.:*[ ov.ard M88kngdlhÉ ￿mb¥S oftrtsÈo
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' ¢'"_3F"IT 'espcp2*1[thas dè*gatert lo '"ithkluE¢ po￿10￿. T￿￿tee9 rertht
fvoTh '.fe =￿12￿1[{ clynm￿ rn￿lE( wth 5LWOrt fr(￿ the Ch3YpTw &¥J (*her
a5 Al errfwag8d w ￿￿en￿e tr8i¥tyJ
t? kw ￿ to dete WI￿ re￿¥* pcty Th￿0 18 e d8dirAted commltee
Me..￿.￿￿.. ry•)n8ibl& foi ¢n8￿n? that the S¢c*V¥ ￿¢￿¥ ￿l￿Ard &* app￿n8￿.
TO ts* &sy Ttriè c¢rp C(mMtr*E o,. ten members, are r*JW
-J 4dho supp¢rtlh& oro¥M$•fr¢n 41 yèar rthnd aq ¥￿1￿& thoamy
'"5¥:. CLimmllt£è Ph•¥8 risks IG w*,ith the thaty Is kn
'.onE clthg L ¢BtpMI. V£nuBB and Fezt..iia￿tr￿ breth oftr
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". ¢8￿ry th au(IBn(35 due ¢0*80f AsthÈ tr*d*aging tyjr
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p¥
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ACVIWr.V.=NTS IIND PERFORkWCE
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.% sra putthllcn W￿DIn$￿e￿and. hoyryto
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". ty *J*.latyl* Ol4J￿ e.XI*4L* fundinp bii¥iiie5$ $wnxYsh¥. In 2024,
rtsiftr.: ts*&. Wth= 'thow mustgo 5Prt'. Mlhff

Shetland Folk Festival Society
ANNUAL REPORT OF THE TRUSTEES
fortne year anded 30 Seplèmt*r 2024
the
2r'24 was taBnt w*h A Scots wth 8 TWBI ther
thryP￿l* th& prC8rknn￿9 sho￿￿ng ￿t￿n￿'S very wn eN4th cl
ja￿b￿th*. th were ¢e￿bratin9 10 years ol •fMI opportunths al Rty
aiiLBii"gr. WLtary T*tJo ThÉ r*￿Val prtMdEd a th• out*4ndry W
-￿alty, a- cli è.-iv¢k'¥ '.all Ships Lvwinq evert In July 2023 Wth
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& Y￿￿."£ Sh&&nd p6trn prtyb￿d
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.'ia. 2*xi. Ross Cotw Ba?d The FDel S&er5 HwRnnwereaH as F4rt&
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Shetland Folk F6Stival Sociaty
ANNUAL REPORT OF THE TRUSTEES
for ttr,e yearended 30 September 2024
Sirr.e r&urr￿ryll o8nd*mpTr Fo¥hv4 r￿¥ r4¥hapw Ihe Fesb¥al Club tg
al UF￿, 4nd afforda)￿ OPIM tor Fesbval gcets to arceBS wir&J clxs v19fting and Sholond
I'W¥1￿ r￿3￿6￿41 llioli￿L6il￿p as hcket wth 4 days ￿ prL¥rafflrn￿
c4atsttl w a fir* b¥$K4 IA Roryn 16 ￿ Iswwh Cunrnunrfy C¥tre, as Is mutt
¥cngthJhd $956byS are cpeD to all FHrni596 have been part￿L9ty
.kna I14a>￿S cfjlhe Fe5bval In 2024,
r4￿ a tr.h&rs io¢th ithts Club for
i£..￿]￿.: SE.J.Ig' w.+* iv0￿51￿ r9..￿e￿ frfrm f245 wKIp3ntJ
ng.'::J "i.>) the ￿￿.".45￿0P s* IDr a
Fe51.val ClJ&, ¥fri¢h
Yi.f.21.L_
LP.yrs'kn.? our accDTrvDcdation hojts. I￿ F48tNqI
l i&elè Wristb￿ fot mu5K prrstyzYn#l ul 12 part of lh¢ 2024
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Ir. t4p ts & Wair.ry*)t5" Th A phanjs ITr acjxvnbng Slwe
-f_ii.-dty Cijr CF1* OSC.P..

Shetland Folk Festival Society
AN'NLIAL REPORT OF THE TRUS-, EES
>r the Yearend￿ 30 September 2024
A¥ty rswiROltrew&i$ofVI.842 fortherytr*dwty ofC131.079 •tuk•yur¢nd.
""¥-L: 3,* iVtNllur& n 2D25. VA £18.OW ID
Office uwrade (utwj.
C*y.$¥ JrE up.fiÉtnth fjJnth are for ula at the cc4nmfft¢ in
f.i*pe-.Y.'3 )1 vt1u￿j￿ll Jf Ibe
-"?*. '4hich h4K* h•pr. Inr w •*hèr

Shetland Folk Festival Society
UNAUDITED RECEIPTS AND PAYMENTS ACCOUNT
for the ye8rended 30 sept￿tser 2024
2024
Unrn&￿etyJ ResiiKX
2Ch23
.V*5
voÈUri￿ry ￿￿pts..
17.r
17.0
209
13,
Q582
wyj
20.900
15,fr70
14.417
13.539
2,801
876
Ider*.nd
8,SW
29,570
29.570
21,102
115.128 1(￿,3[
-. * MLislCF•￿pAtrgl￿1Tr￿rkn￿
1.d9
1.649
2,429
191.321
17.(
.321 1n13S
Cost offuThtr•no.
1.579
e252
1.578
6252
1.674
3.157
8.640 SI￿ 59.805
1&116
16,292
43,679
40.511
17,
17.
1S,
15,607
1.016
13
43.679
4.861
.J4rtightsboc*
ur*n
4.IS2
3.811
3,800
078
17.878
1&',47$ 183,734
17,87B
8.IX-ff F)A TrE YEAA

Shetland Folk Festival Society
Crtarity R*i5trabon No. SC013445
UNAUDITED STATEMENY OF 8ALANCES
gt 39 sep￿rnt￿r 2024
2gr24
2024
2022
Funds
Funds
Funds
FVNDSRECON1CILL4nON
82.LU 2Q13J 11C,137 117,733
p8yrwsa¢oJnl
16781 21.042
(T,S961
(1&tW 1&frfyJ
86.524
45.455 131,979 110.137
2024
2ts23
J4KAWDCASH &4L4NCES
131,9&O 110,118
19
131,979 110.137
2023
QThERAs3Ef8
Tarn￿8 fixwy *s* l*cost
45.478
4,6
45,478
3.858
50.014
49.355
GrsfLlS &Trd
3,000

Shetland Folk Festival Society
Ck8rlly Raglstr•iion No. SC013445
UNAUDITED NOTES TO THE FINANCIAL ACCOUNTS
at 30 S9pten*ei 2024
AAS.'S OF ACCIMTING
*6 &114 Itkvestrn￿￿t andlh CharthesAuthnbl8K(*
RequWknng Is.1 afflendJJl
GrRA14TS
2024
2￿3
3.150
",** ts SGtrJand-SuataYifvJ Prr4rarffl
17.NO
17.LX
15,070
SPONS￿$￿1p & DOK4MC*4S
2023
350
i￿[$[￿7 strattwn
6r8&btar
. 14ir4ty 8 C4 &Cartk
rfw & Brewi
..ii. k".? 4tyYX4IW¢y
-al￿.3
1.60C
14.417
".¢ Jr .(.￿ dunng l*e yeBr knm Tay and AcC￿nIng
. J s61￿V ￿￿￿rthInk 0￿rAY & sI￿andF¢Th*￿ Ltd£6204 I2￿".
.14.6161 ar
tyr￿1￿￿. ￿￿￿￿￿58n1ApWÉ2.7J21202>.£3.Ol2)

Shetland Folk Festival Society
Chgrily Aegbtratw)n No. SC013445
UN.AUDITED NOTES TO THE FINANCIAL ACCOUNT8
at 30 September 2024
2023 Re￿J1￿￿ ReBWC*B Tran&fw4
JLI.¥6mctaalwds.'
I1￿801> I18,(￿)
P4sLrthd funds.
Prollraprffling BTh
SWef4yte.-.t fur.d
',Jr4J
14.OQO
3,893
C*rée
17.QCK)
(IT.
81
18.C
fvjnds
110,137
20Y.321
1186,4791
131,979
ihi ￿￿or￿v￿r￿ Fund h&s create& ￿ fma-rn fLrture *j￿￿n34
. pbyw¢Jpcon(£rts Ènd 8upport￿¥ some coBla dal￿ta. mua
If* iv£e and,'T Upgtad& tundwat¢rta8oio lundtrl Of￿ tJwiy8
w4tsSik, ￿l￿$￿eS aswélast￿ tnarteftanceax1pLthseolit￿1s
b&yn*on the Ltyeepofts0lf￿ buwdlry.
ba lili&1￿ wJuc*oiiJl rh the
-ÉN)rdicTrthe woiert, 8tag8d in2f
lNèt￿lI1thI Is a to bè l￿ed to h￿p ihty4caae
. ILNA ol L14£ ￿$1 1fi8pke our rnuw*
IUbf_PA-,,?'.' Mir. FXPErl£F.S
'.￿￿ *vLiPJtrts f¢Ep..'vad in pBriud I￿￿te9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
OF SHETLAND FOLK FÈSTIVAL SOCIETY. SC013445
30 Septèmber 2024
H￿¢trYe1e$wn9I￿l￿•s oftrui1*6 and
I liè cr..a'.uy's trUSi&8 Bré rtspon￿ for the prepara￿￿ Lrf tha in lh•
terms cé 118 Charitiea and ISco8atidl Act 2005 Ill• 2005 Artl and the Chartti¢8
ActswniÈ jsthlandl Rryukn'on$ Ilbe 2tyJ8ACco￿lS Regulaliffisl
Tn" Lllliit* Juslpes conKI16rth* ttH ￿￿1r￿ent cl. 10111 Idl ￿ the 20C6AtULV
. h 16 Iviy lo the 85
44111 j¢1 bl r¢. ni&,ler& h6v6£tsne tomy
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1. .￿v￿ OJ 41ifr &￿￿11.¥ IdL￿rd& LI.￿ &wtiy S,￿ a of the
Ui Civwllllits *F&tr iicfii 01¢ hrY¥l￿ Gmcemns swh mattérs
Tlle do provth 811 t￿ bo raqL4rÈd ￿ * aL￿ffj #hd
. OL£￿er1￿* l ￿.".￿ &Ayiask gN4n bythv accort.
-1￿+.￿ dki'Q4L hél4"k. 44,11 Df lh3 lo￿ Act ReguithJn 4 of
v￿A￿l￿P R￿LI1￿tkIrts,
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