REGISTERED CHARITY NUMBER: SC047504 AYR FESTIVALS RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR T031 DECEMBER 2022 Galbraith Pritchards Chartereil Accountants 20 Barns Stre¢t Ayr KA7 IXA
AYR FESTIVALS Fif4ANCIAL STATEMENrs YEAR ENDED 31 DECEMBER 2022 Cont¢Jbts P•¥e Report of the Tnjmees Indep¢nd¢nt Examinels Report Receipts & Payments Account Siakrneni of Balances Notes to the Financtal Siatements
A YR FESTIVALS REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2022 The TSt¢¢$ preseni their re[ with the fJDanciai Ststrments of the chaTiry for the year to 3 1st De¢ernb¢r 2022. REFERENCÈ AND ADMINISTRATIVE DETAII Registered Chrity Nunbber SC(M7504 Prln¢lpl Addr Cjo Gaiety Theatre Cam'¢k Street Ayr Ayrshire KA7 INU IndctTremdcnl Cxamin¢r Chanered A¢counian¢ Galbraith Priithard$ 20 Rarns Stre Ayr KA7 IXA STRUCTURE, GOVERNANCE AND MANACEMENT CovernlTrg D¢xument "ll)e organisatlon was regiskred on 13 June 2017 as a Scfflish Charitable Incirporated Organisation and is controlled by its governing d(Kumeni. a constilulion. Recrultmellt and oppoinlmtrtt of iew Trurtees Thr o015&1]0n compeS a Board of Trwees which shill number betM"e¢n 3 and 7. The lljdividuais who si¢d the charity trusiee declaratlon fomis were deemed 10 be tsvstees from the dat¢ of incoryorniion. The Bogrd may apwiTrt any prr50n lo b¢ a tharity mwee. One third of the tjoard shall reiire by rotaiion and b¢ eligible for pOIntM¢n1. Page I
A YR FESTIVAI REPORT OF THE TRUSTEES IcoAil•ued) YEAR ENDED 31 DECEMBER 2022 7he Board, by way of regularmeetings, Teyicw all activilie5 lo tnaximizeopportuniiies avallabk to ¢haTity and 10 reco8nJse therisks to which tt 1$ exposed and to a¢t accordingty. Risk M#n*gemen¢ The Board have a dty to identify and reviem. the risks to which the charity is exposed and to ensure appropriate controls aTe in place to PTovith rtawnable assurance against frlud and ¢r. OPJECTIVES A]YD ACTIVITIES ObJ¢ctlves and Aims The objeclive of the charity is to 4dvae the r¢8a)eraiion of Ayr through events and a¢tivities ftt the mmunity in and around the town centre and advanc¢ ts arts. herst4e and culture in Ayr and Ayrshire through engagjng people ID art aDd culiural events. FINAi¥CIAL KEVIEW ReS¢rV Poll¢y The charity operatu within a O¢nual fund. The Genernl fvnd IJ Available for ux at di%r¢tion of the trwtees kn funhemce of the 8enernl obJertivvJ of th¢ eh4rity. The trustees consider it prudènt to relain the wffici¢nt moni¢s kn meci the f14[ conl)entS io b¢ undertakeft by the or8ani581ion in advan¢e of events. Athievements and Perfornijnee With Covid restrictions now lifted the tharity. once again wilh the v8lued Sup1 of South Ayrshire Coun¢il and other sponsors, was able in October. 2022 10 organise a fvll Halloween festiVAI on the theme of Tam O'shanier in Ayr High Str¢¢t. Rozelle H(5¢ and the surroundin8 Pk. The event was c411ed T4mfest and received a very positive and encouraging reswTrnse from the genernl publK. rnvrd b iiic Tru btbalfr. Date.. o Page 2
IYDEPEIYDEP4T EXAMifiER'S REPORT TO THE TRusfEES OF A YR FEsfIvALS I report OD the accounts of the charity for the year ended 31 Decemb¢r 2022 s¢t (Wi on pag¢s four to six. Respectlve r¢snSIbl11t1e9 of trnsleu and eA•llliDer The charity'$ ¢rusiees ar¢ r¢spnsible forth¢ PTOPThtion of the a¢wunts in accordanrc wilh th¢ ienns Df the Awities Xnd Trustee Investhient IScot12ndl Act 2005 And the Chwiti¢s Accounis (Scotl1d) rulationS 2006. The charity' tnjslees consider that the audit Tequir¢ment of R¢gulation I1) (d) of th¢ Accounts Regulation5 tkjes noi apply. It is my Tesponsibilitr to examin¢ the accounis as required undcr SC¢iKJn 4411) (c) of the Act and to state whether PArficul2r mattets have comt to my attention. B8$15 of Independent ¢xamiTrer's $tstemenl My examinaiion w&8 ¢arried out in xcordthce with Regulation I l of the Ch8ritits4 Accoijnls (S¢oiland) Regulations 2006. An examtnation includes a revi¢w of the a¢¢oumling records kepi by ihe charity and comparison of ihe accounts presented with those rexords. It also i#¢ludes con$ideraiK)n of ally unusual iiemg or disclosures in the accounis, and seeking explanations from you as trjstees concerning any such matters. The procedures undenaken do not provide 811 th¢ eiidence th would be Tired in an audil, and consequently I do not eKpress an audit opinion on the vi¢w wven by the accounts. Indendent exgmlner'$ staterntt In ¢{m¢¢t10n my ¢xamat0. no malleT hos c(m)e to m>. 8tteniion.' which give¥ m¢ r¢as(uJable cause io beli¢ thal in any marid rw the requirernents:. to kc¢p acGounliiig r¢Lvr(1s" in Jr¢ordance with Sealon 44{IKa) of the 2tK)5 Act and Regul&tion 4 of th¢ 2006 Ac¢ounis Rcsulativns. and to pr¢pare acCot5 whiLh aL¥vrd with the ¢ntIng rd$ pIY with Regulation 9 of th¢ 2006 Accounts Regulations have noi been met. lo whieh, in my opiniory atteniion should b¢ drawn in ordcr io thabl¢ a w)F¢T undenthndkng ufthe accounts to be rexhed. ere ecountant Gslbrailh Priiehirds 20 Barn5 Street Ayr KA7 IXA D•t¢: Page 3
AYR FESTIVALS RECEIPTS AND PA YMENTS ACCOUNT FOR THE YEAR ENDED31 DECEMBER 2022 2022 2021 RECEIPTS Donation5 Sponsorship Advertising Ticket Sales Merchandising Bucket Collections Grants 10 5.630 186 42.000 656 443 TOTAL RECEIPTS 78,535 53,815 PAYMENTS Payment for Charltabk Actlvltl¢s Eveni Managernent Perfomers Transport Sout)d Systems Eveni Direct Cos Support facilities Publicity and Advertising Road Closure Costs Stewarding and First Aid Insurance Fundraising Ball Exp$¢3 Sundry Expenses 12.750 26.935 16.000 8.685 11,471 4.735 25.747 2230 lJ30 102 2,074 10,359 3,969 4,474 97 TOTAL PAYMENTS IDEFICITYSURPLUS FOR PERIOD All unrestricted Page 4
AYR FESTIVALS STATEMENf OF BALANCKS AS AT 31 DECEMBER 2022 2022 2021 Unrc5trict¢d Unrc5tri¢i¢d Funds Funds BANK AND CASH IN HAND Opening BalaThces SurPlu{Deri¢]t} 15,920 9.255 CLOSING BAIANCES RESERVES Unrestricted ndS.. General fund TOTAL RESERVES Approved by the Trust¢t¥ and si8ned on th¢ir behalf.. Page 5
AYR FESTIVALS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 BAsfs OF ACCOUNTING These accounts have been prepared on the Receipts and Paymenis b&sis in accordance with the Chariiies & Tn]stee Inveskneni (Scoiland) Act 2005 pnd the Charilies Accounts (Scotland) R¢8ulations 26 (a5 amend¢d). 2. NATURE AND PURPOSE OF FUNDS Unrestriued fvnd5 are those that may be used * the dis¢retion of the trustees in fiwtherance of the object of the charity. The trLW¢¢S maintain 8 single unrestri¢ted fund for the day-kn-day nJnnin8 of Ihe charity. TRUSTEES. REMUNERATION & BENEFITS Mrs M McCrindl¢ received an honorarium of £2,0(M) during the year. None of the oth¢r trustees (or any persons conne¢ted with them) received any remuneraiion or benefits from ihe charity during lh¢ kXriOd. TRUSTEES, EXPENSES There weTe no trustees, expenses paid for the pprithl endoj 31 December 2022. Page 6