nverclyde usic estival INVERCLYDE MUSIC FESTIVAL ASSOCIATION ACCOUNTS FOR YEAR TO 31" MARCH 2025 Scottlsh Charlty Number SC022119 IhTr'EXLYDE INVERCLYDE MUSIC FESTIVAL ASSOCIATION Recelpts and Payments Accounts year endlng 31st March 2025 General Scholavshlp Tolal Funds Total Funds Fund Fund 3110312025 3110312024 Recelpts: Admission Daynckets Season Tickets 7,582 7.562 540 7.748 425 Concert Tickets Concert Raff le Programme Sales E ntry Fees Dorailons Gift Aid 820 315 820 910 315 401 401 492 5.391 7.892 9.689 637 9,689 637 246 240 Bank Inleiest Mornoèrs Suoscripiions Inverclyde Council Cr2rit IWF Grant The McLashan Trusl 246 192 162 3,563 1.000 240 4,300 2,000 3.500 2.000 2.500 500 4,300 2.000 3.500 2,000 2.500 500 Hugh Fiaser Four)dalion The Robertson TrLJSi The Rotary Project Grani ITH Charitable Trust Sundry Incorne Total Recelpts 500 500 *30 41,699 41.699 28,005 Payments: A(ijudication Costs Actowpanist Costs Hiie ol Town Hall AdverlisinE Pnnting and Stationery Post38es Insuiance Hall Hiie 8.202 2.545 7.392 89 8.202 2.545 7,392 89 7.469 1.561 8,250 85 82 301 301 117 270 3.947 117 152 270 3,947 713 300 1,463 742 Cerrificates. Ticke15 and Labels cornp￿er and Website EApen5es Audio and Lighting Support Plano RernDV31 1.820 i.ioo 1.820 I,ioo 540 719 1,000 Progrgmme Prinling Fees an(J Subscripiions Trophy and Quaich C05tS Scholarsbip Costs Storage Costs MiscellaneDUS Total Payments 527 427 1.407 527 63S 412 924 427 i.a90 1.000 214 i.ooo 214 699 699 1.336 26.016 30,310 31,393 Surplus for Yeai 11.389 -1.083 10,306 Inverclyde Music Festlval Assoclatlon Statement of 8818nces Total Funds Total Funds General schoiarshlp Yeario Fund Fund 311031202S Yearto 3110312024 Bank balance at srart otyear 11.524 14.524 12.535 sUrpl￿S/Deti¢ t per Recelpts and Paymenis Account 11,389 -1.083 10.306 1.989 Bank balance at end otyear 25.913 -1,083 24,830 14.524 Reconclilatlon of Bank Balances wtth Surpluses and Deflclts Total Bank Balance at l Apri,, 2024 14.52d Adé.. S￿IPlUs1DelIClI'. General Fund Schftiaishlp Fund 11,389 -1.083 10.306 Tota. Bank Balarice al 31 March 2025 24.830 Represented by: Virgin Mor,ey Royal Ban< DI Scotland 11.516 13.314 lotai Llank Ela13rce al 31 March 21J25 24.830 INVERCLYDE MUSIC FESTIVAL ASSOCIATION Notes to the Accounts Note l. Nalure and purpose of fu nds.. The fund Is restrlctee for the purpose of sponsoring young performers to fiJrther thelr careers In Muslc. Dance or Drama by providlne grants. rhis fund is unreslricted. Note 2. No remuneration was paid to any Committee Nember duringthe year. Inverclyde Muslc Feslfval As50clatlon Annual Report of the Commlttee The object5 01 the A55ocialion ale: lal 10 organise a cornpeiilive fest ival in Inveiclyde and by iha". and other means lo cullivate and encoufage the apprecialioi". and study of music. dance ané, speech. Ibl lo be alf Ilialed lo t￿e British and Internatioyai Federation ol Festivals, and to carry out as lar as Possible. the objecis 01-￿ie FedefaliOII. The maln actlvttlesofThe Assoclallon andlhe achlevementsduilngthe yeai weie: lal to run Ihe Inveclyde Music Fes- val curlng rwo weeks in JaiiiarylFebrua'y Thls Involves designlng and prlniing a SWLabus. eiterlng cornpeiitors names lo a computer, complllng a progtamme, organlslng aQludicatJ's and acccmpanlsts and maniing GreenocK Town Hallforlhe wee* pe,lod, Ibl 10 sponsoryoune performers iofurther Iheir careers In muslc ororama by prwidin8 Iinanciai support. The undernolvd clie life niembeis". ThÈ n2mos Dllho comm111oe momborsasal 31sl March. 2025weie: CONSTITUTION The Associaiion s registeied by ils CwstiluliM which was last aowoved in May 2019. Reciuilmenl and 8PPOinlrnenl Cf commitiee members IS by el£clior each year ey.epi for Hon. Secretary ane Hon. Treasarer who are elec&ed lor three years. and wmo may Je re.ecred. Ordnary membersh,p Is open to anyone, Ihough a recommendallon by an exlsllne membef Is iormai The approprlate level of Reserve held is by defaul". approxlmately a year's expendmuie whlch rouc- Iy ?(IL..41s r leA"'C 'c.Dm¢ Ind•pend•rnt Exwnkner's Report to Commltto• Members of th• Inverdyde mu￿¢ Fertlval Assodatl(¥n The thanty's Iru8tee8 are responsible for the prop8retlon of the accounts h aG(xYd8nce wrf the t8rms of the Charit188 and Tru8t88 Inv8stm8nt (Scotland) 2005 Act and tho Charltled Accounts (ScotlarKI) R8gulallons 2006 (as arn8nd8d). The charfty truste89 eonsid8r that tho, audlt roquiromenl of Regulallon 10(1) (d) of the Accounts Regulatlons does not apply. ft Is my r8sponsibility to examine the accounts as requlred under seciion 44{1) (c) of the Act and lo slate whether particular matters have come to my attention. My exarnlnatlon Is carrled out in accordance wilh RegLlation 11 of the 2CQ6 Accounts RegJlations. An ex8rnlnatlon includes a review of the accounting ￿COrdS kepl by the ch8nty and a comparlson of the actounts presented wlth those records. It also Inclthes consid6ration of any unusual It8rn8 or disclosures in the accounts and s&8ks oxplanatk)ns I frorn the trustsos Concom￿g any 8uth rnattors. The protsdures undwtsken do not provide,, 811 evidence that woubd be required in an audlt and, conwuontly, I do not express an , audlt opinlon on thg vipw given by the accounts. In the course of my oX8mination, no matlor has come to my 4tt6ntion 1. ￿fjCh glv88 rn8 rnasork*l8 caus8 to b8118v8 Ihat In any materlal re8PgCt Ihe r8quir8ments: to keep accxjuntlng r￿￿rdS in accofdanc8 ￿1th section 4411) (a) of the 2005 Acl and Regulation 4 of the 2006 Acrx)unts Regulations, and to prepare accounts which accord wrth ts accounknng records compty wlth Regulab.c￿ 9 01 the 2006 Accounts Regu18tions have not been me1. or 2. to ￿NCh, In my opinion, attentk)n Shoukl b6 dravm In ord6r lo enab￿ a proper undersl8nding of the acthunts to be reached.