## **Killin Music Festival**
**Trustees’ Annual Report** 1 September 2022 – 31 August 2023
## **Reference and admin details**
Registered charity name: Killin Music Festival Charity registration number: SC049439 Principal contact address: Contact details: office@killinmusicfestival.com killinmusicfest.com
Trustees:
## **Structure, governance, and management**
Killin Music Festival is a Scottish Charitable Incorporated Organisation governed by its constitution.
The SCIO was established on 9[th] July 2019 to replace a constituted voluntary group which was dissolved with all assets and liabilities passing to the SCIO on 9[th] July 2019.
This did not introduce any material changes to the objectives, activities, membership or governance regime of the charity, and the accounts are presented under the principles of merger accounting as one ongoing entity.
The charity trustee board may at any time appoint any person to be a trustee - by way of a resolution passed by majority vote at a board meeting. There are a maximum of eleven trustees, and a minimum of three.
The board work with members to organise various events and activities to advance our objectives.
## **Objectives and activities**
The organisation’s purposes are the advancement of arts through the provision of an annual music festival in the village of Killin. Killin Music Festival aims to provide the community of Killin and the wider public with access to high quality arts and culture through the provision of a music festival and other cultural activity throughout the year. We also focus on the advancement of education through working with local schools to learn about traditional and contemporary music and culture.
2
## **Achievements and performance**
Killin Music Fest 2023 was our second highest event ever for ticket sales, and made a significant contribution to the local economy, generating an overall net additional economic impact of approximately £194,000. This remarkable achievement not only helps drive local businesses but also helps safeguard up to three vital tourism-related jobs in the area.
We secured £15,500 of funding through Creative Scotland National Lottery Open Fund for Organisations, which focused on building our Sunday “Celtic Kin” programme of events which showcased Celtic cultures; their languages, performative arts and music from both Scotland and abroad. This support was very much appreciated and helped build upon our outstanding lineup for the 2023 festival.
St Rochs Ceilidh Band delivered a special performance and Q&A session in our local school to around 100 school children. Seeing them all up and dancing was energising for our team that were helping to organise. Some school children were very emotional after the event, telling teachers that they had never had the opportunity to experience such a session and energy.
Aberfeldy Gaelic Choir performed on our main stage, and in their down time arranged a visit to the local retirement home to meet Elizabeth McDiarmid, one of the co-founders of their choir group, which was established over 50 years ago. The choir held a special, moving performance for Elizabeth and the residents in the home before taking to the main stage later that night. Elizabeth sadly passed away in the year following the performance.
Overall funding support enabled us to present a full Sunday schedule of events designed to celebrate Celtic cultures: languages, performative arts and musi Unity Irish Dance, and Aberfeldy Gaelic Choir took us on a journey, and delivered a
memorable closing evening.
Looking forward we are planning on not running our main festival in 2024. This is partly to protect the organisation while costs are spiralling, and ticket sales are trending towards mainly purchases within the last few weeks before the event. This seems to be a dangerous trend throughout the industry. We will also use this dormant year to look at funding streams, and enhancing the logistics of the event, so that when we next run, we will be able to take that next step forward.
## **Financial review**
The accounts for this report period are attached and form part of this report.
No remuneration was paid to any office bearer or committee member (the trustees). Trust email and web hosting services were supplied by DigDes.net at a discounted rate.
We received income from the National Lottery Open Fund for Organisations as shown in the report.
We aim to build a healthy financial reserve by optimising event budgets, to help improve our longterm financial stability.
3
## **Declaration**
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity trustees:
Trustee
4
APPENDIX 3
OSCR
tth Charty Reguktor
Independent examinerfs report on the accounts
Report to th• Charfty r*me
tfusteoslmwnbers of
ILLirJ FÉri IJtL
t) Q-q 4-3q
Reglstered charfty SC
Aumber
On the accounts ot Iho
harlty for th• porbod
PeMo¢ start date
Monih
Period end date
Y8ar
Day
Ye8r
01
OLI loZL .
08 ZOLI
8tt oul on pages
iolndude me p•3È
Re8poctlv• The ¢haritYs tnjstges are responsible for the preparation of the accounts in accordance
r•$pcn8lbllrtlo8 of
Iru$t••o and •xamin•r
wlh the terms of the Chartses aTrd Trustee Inveslment (SCOUat} 2005 Act and the
Ch8rrtl8s Accounts ISco#andl Regulations 2006 las amended). The charity trustees
()nSider Ihal the audlt rgqulremenl of RegulatlDn 10(11 (dl of t1 Accounts Regulations
do8s not apply. It is my responsibilf(y to ex¥mine the accounts 88 required undei section
44{1) 1¢) of Ihe Aca and to stsle whethor partiGular matters have coffle to tny 8ttention.
Basls of Indapend•ni My examnalion is carried out in accordance Regulation 11 of the 2006 Accounts
examlnevs statemenl Regulati$. An eKamination indudes a remew of the accountiNJ record$ kept by the
charity and 8 comparison of the acwunts pres8nled with those records.11 also includes
consideration of any unusual rtetns or disclosures in Ihe accounts and seeks
expknations from the tNsiees concerniryJ any Stt matters. The procedures undertaken
do not provide all the evidence that would ts requiTed in an auait 8nd. con$equenlly, I do
not express an audit opinion on the view given by iha accounts.
Indtpend&rrt gxamlnerf5 In the course ol my eXaminatn, no matter has com8 to my attentk?n lother than that
5tatemont dlsdosed on th8 attached page1
which gNes me reasonable Gause lo belitrv& that in any material respect th8
requirements..
to kaop ac¢ounting records in 8¢ffsrd8nce with section 44(1} {a) of the 2005 Act and
Regulath)n 4 of the 2006 Accounts Regulations. and
to prepare aceounls which accord wf(h tha 8¢counling records and coMY with
Regulatbn 9 of th8 2006 Acmunts Regulations
have not been meL
2. to which. in my r¥Jinion. attontion should b8 drawn in order lo enable a proper
reached.
Dat•:
Slgned..
Namè..
Rglovant profosslonal
quallflc*lon{$) or body
(rf any)=
s"Ja abi¥-
Addre55:
'Pleased8let?Ih8Kfth in the brack0 00 m apply. ti th8 *va8 ¢X) aPy. set out those rnattets h8¥e come to YrItten1b)n on th¢
lothng page.
APPENDIX 3
Disclosure section
Only complele rf the examiner needs to highlighl material problems.
Givo here brl8f d?talls of
any ltsms that the
•xamlnor wishes to
disclose
APPENDIX 2
Enter SC No. below
Enter charity name below
**SC049439**
**Killin Music Festival**
## **Receipts and payments accounts**
||||||Period start date|Period start date|Period start date|Period start date|Period start date|||||Period end date|Period end date|Period end date|Period end date|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||**For the period**
**from**||01
Day|09|Month|||2022
Year||**to**||Day
31
08||Month|||Year
**2023**||||||
|**Section A Statement of receipts and payments**|**Section A Statement of receipts and payments**|||||||||||||||||||||||
|||**Unrestricted**
**funds**||**Restricted funds**||||**Expendable**
**endowment**
**funds**|||||**Permanent**
**endowment**
**funds**||||**Total funds**
**current period**||||**Total funds last**
**period**|||
|||**to nearest £**||**to nearest £**|**to nearest £**|**to nearest £**||**to nearest £**|||||**to nearest £**|**to nearest £**|||**to nearest £**|**to nearest £**|||**to nearest £**||**to nearest £**|
|**A1 Receipts**||||||||||||||||||||||||
|Donations||**1,061**|||||||||||||||**1,061**|**1,061**|**1,061**||**253**|**253**|**253**|
|Legacies|||||||||||||||||||**-**|||||
|Grants||**12,225**|||||||||||||||**12,225**|**12,225**|||**11,757**|||
|Receipts from fundraising activities|||||||||||||||||||**-**|||||
|Gross trading receipts||**73,573**|||||||||||||||**73,573**|**73,573**|||**60,104**|||
|Income from investments other than land|Income from investments other than land|||||||||||||||||||||||
|and buildings|||||||||||||||||||**-**|||||
|Rents from land & buildings|||||||||||||||||||**-**|||||
|Gross receipts from other charitable|Gross receipts from other charitable|||||||||||||||||||||||
|activities|||||||||||||||||||**-**|||||
||||||||||||||||||||**-**|||||
|**_A1 Sub total_**|**_A1 Sub total_**|**_A1 Sub total_ 86,859**||**-**|**-**|**-**||**-**|**-**||||**-**|**-**|**-**||**86,859**|**86,859**|||**72,114**|||
|**A2 Receipts from asset & investment**||||||||||||||||||||||||
|**sales**||||||||||||||||||||||||
|Proceeds from sale of fixed assets
Proceeds from sale of investments
**_A2 Sub total_ -**
**-**
**-**
**_Total receipts_ 86,859**
**-**
**-**
~~— =~~|||||||||||~~=~~|**-**
**-**
~~= —~~|||**-**
**-**
~~—~~|**-**
**-**
**-**
**-**
**86,859**
**72,114**
~~—~~||||||||
|**A3 Payments**||||||||||||||||||||||||
|Expenses for fundraising activities||**88,171**|||||||||||||||**88,171**|**88,171**||||||
|Gross trading payments|||||||||||||||||||**-**||**73,021**|||
|Investment management costs||||||||||||||||||||||||
||||||||||||||||||||**-**|||||
|Payments relating directly to charitable||||||||||||||||||||||||
|activities|||||||||||||||||||**-**|||||
|Grants and donations||**310**|||||||||||||||**310**|**310**|**310**||**337**|**337**|**337**|
|Governance costs:||||||||||||||||||||||||
||||||||||||||||||||**-**|||||
|Audit / independent examination||||||||||||||||||||||||
||||||||||||||||||||**-**|||||
|Preparation of annual accounts||||||||||||||||||||||||
||||||||||||||||||||**-**|||||
|Legal costs|Legal costs|||||||||||||||||||||||
||||||||||||||||||||**-**|||||
||Other|Other||||||||||||||||||||||
||||||||||||||||||||**-**|||||
||||||||||||||||||**-**|**-**|**-**|||||
|**_A3 Sub total_**|**_A3 Sub total_ **|**88,481**||**-**|**-**|**-**||**-**|**-**||||**-**|**-**|**-**||**88,481**|**88,481**|||**73,358**|||
|**A4 Payments relating to asset and**||||||||||||||||||||||||
|**investment movements**||||||||||||||||||||||||
|Purchases of fixed assets
**-**
Purchase of investments
**-**
**_A4 Sub total_ -**
**-**
**-**
**-**
**-**
**-**
**_Total payments_ 88,481**
**-**
**-**
**-**
**88,481**
**73,358**
~~SSSSS~~||||||||||||||||||||||||
|**_Net receipts / (payments)_**
**A5 Transfers to / (from) funds**
**_Surplus / (deficit) for year_**||**1,622)**
**(**
**-**
**-**
**-**
**1,622)**
**(**
**1,244)**
**(**
**-**
**1,622)**
**(**
**-**
**-**
**-**
**1,622)**
**(**
**1,244)**
**(**
~~————~~||||||||||||||||||||||
APPENDIX 2
**SC049439**
**Killin Music Festival**
## **Section B Statement of balances**
|**Categories**
**Signed by one or two trustees on**
**behalf of all the trustees**
**B3 Other assets**
**B5 Contingent liabilities**
**B4 Liabilities**
**B1 Cash funds**
**B2 Investments**|**Details**|**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Expendable**
**endowment funds**
**to nearest £**|**Permanent**
**endowment**
**funds**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total last period**
**to nearest £**|
|---|---|---|---|---|---|---|---|
||Cash and bank balances at start of year|**19,437**
**1,622)**
**(**||||**19,437**|**20,681**|
||Surplus / (deficit) shown on receipts and
payments account|||||**1,622)**
**(**|**1,244)**
**(**|
|||||||**-**||
|||||||**-**||
||**Cash and bank balances at end of year**
(Agree balances with receipts and payments
account(s))
**Details**|**17,815**|**-**
-
**Fund to which**|**-**|**-**|**17,815**|**19,437**|
|||0||
-|
-|
0|-|
|||||**Fund to which**|**asset belongs**|**Market valuation**
**to nearest £**|**Last year**
**to nearest £**|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
||**Details**|||**asset belongs**|**Total**
**Cost (if available)**
**to nearest £**|**-**|
**-**|
|||||||**Current value (if**
**available)**
**to nearest £**|**Last year**
**to nearest £**|
||Container 1||Conta|iners||**500**|**548**|
||Container 2||Conta|iners|**1,488**|**500**|**725**|
||Sum Up Terminals||Te|ch|**979**|**500**|**587**|
||Whisky Barrels||Whiskey Barrels||**250**|**-**|
**63**|
||Ladders||Ladd|ers|**327**|**200**|**-**|
||Radios||Rad|ios|**948**|**500**||
|||||||||
|||||||||
|||||||||
||**Details**|||**Total**
**Fund to which li**|**3,992**|**2,200**|**1,923**|
||||||**ability relates**|**Amount due**
**to nearest £**|**Last year**
**to nearest £**|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
||**Details**|||**Fund to which li**|**Total**
**ability relates**|**-**|**-**|
|||||||**Amount due**
**(estimate)**
**to nearest £**|**Last year**
**to nearest £**|
|||||||||
|||||||||
|||||||||
||**Signature**|||**Print Name**|**Total**|**-**|
**-**|
||||||||**Date of**
**approval**|
KillinMusicFestival 21-22 accounts.xlsx / Statement of balances
2
December 2007
ApPEx 2
Klllln Musk F8stlval
SC049439
Section C Notes to the Accounts
C1 Nature aThJ purFth8
(maybp sts*d on ènalyg'$ of
nds worksheetsl
¢2 Gran1•
C3a TrLWSt•• r•mth*ratllln
¢r<6s t% t*)x
Authority under which paid
C3b Tr{•0 r•mth*ratllln-
dgtsl
C4a Th*le• •xp•nMs
C4bTno1oe exponJes-d8t•l
Pafk
Natu Of rpla
Natu ol transadion
C5 Transactbjm *lthtrMts•8
and eonnoet•d
rGhJ5erfswvre
675
C6 Irrfrym¥lkn
Rec5 r1% irrforn 14313 fNXV21 tATI £
KYffjIlthG¢•121-22 armunts.)tsxiP4Jt•s
0gcethr2(Q7
APPENDIX 2
**SC049439**
**Killin Music Festival**
## **Additional analysis (1)**
## **Analysis of receipts and payments**
## **1 Donations**
||**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Expendable**
**endowment funds**
**to nearest £**|**Permanent**
**endowment funds**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total last period**
**to nearest £**|
|---|---|---|---|---|---|---|---|---|
|Amazon Smile|**61**|||||**61**||**38**|
|Tolbooth|**1,000**|||||**1,000**|||
||||||||||
||||||||||
|**Total**
**2 Grants**|**1,061**||**-**|**-**|**-**|**1,061**||**38**|
||||**-**
**Restricted funds**
**to nearest £**|**-**|**-**|||**reference**
**Total last period**
**to nearest £**|
|Stirling Community Lottery|**200**|||||**200**|||
|Creative Scotland National Lottery|**11,625**|||||**11,625**|||
|Stirling Council|**400**|||||**400**|||
|||||||**-**|||
|**Total**|**12,225**||**-**|||**12,225**||**-**|
||||**-**|||||**reference**|
## **3 Gross receipts from other charitable activities**
||**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Expendable**
**endowment funds**
**to nearest £**|**Permanent**
**endowment funds**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total last period**
**to nearest £**|
|---|---|---|---|---|---|---|---|---|
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|**Total**|**-**||**-**|**-**|**-**|**-**||**-**|
||||-|-|-|||-|
## **4 Payments relating directly to charitable activities**
|**4 Payments relating directly to charitable activities**|||||||||
|---|---|---|---|---|---|---|---|---|
||**Unrestricted**
**funds**
**to nearest £**||**Restricted funds**
**to nearest £**|**Expendable**
**endowment funds**
**to nearest £**|**Permanent**
**endowment funds**
**to nearest £**|**Total current**
**period**
**to nearest £**||**Total last period**
**to nearest £**|
|||||||**-**|
||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|**Total**|**-**||**-**|**-**|**-**|**-**||**-**|
||||-|-|-|||-|
KillinMusicFestival 21-22 accounts.xlsxAdditional notes (1)
December 2007
APPENDIX 2
**SC049439**
## **Additional analysis (2)**
**5 Breakdown of unrestricted funds**
|**5 Breakdown of unrestricted funds**||||||||
|---|---|---|---|---|---|---|---|
|**Receipts**|**Unrestricted fund**
**1 - enter name of**
**fund below**
**1,061**
**12,225**
**73,573**
**86,859**||**Unrestricted fund**
**2 - enter name of**
**fund below**|**Unrestricted fund**
**3 - enter name of**
**fund below**|**Unrestricted fund**
**4 - enter name of**
**fund below**|**Total unrestricted**
**funds**|**Total unrestricted**
**funds last period**|
|Donations|**1,061**|||||**1,061**||
|Legacies||||||**-**||
|Grants||||||**-**||
|Receipts from fundraising activities|**12,225**|||||**12,225**||
|Gross trading receipts||||||**-**||
|Income from investments other than land and buildings||||||**-**||
|Rents from land & buildings||||||**-**||
|Gross receipts from other charitable activities|**73,573**|||||**73,573**||
|**_Sub total_**
**Receipts from asset & investment sales**|**86,859**||**-**|**-**|**-**|**86,859**|**-**|
|||||||-||
|Proceeds from sale of fixed assets||||||**-**||
|Proceeds from sale of investments||||||**-**||
|**_Sub total_**
**_Total receipts_**
**Payments**|**-**||**-**|**-**|**-**|**-**|**-**|
||**86,859**||**-**|**-**|**-**|**86,859**|**-**|
|||||||-||
|Expenses for fundraisingactivities|**88,171**|||||**88,171**||
|Gross trading payments||||||**-**||
|Investment management costs||||||**-**||
|Payments relatingdirectlyto charitable activities||||||**-**||
|Grants and donations|**310**|||||**310**||
|Governance costs:||||||**-**||
|Audit / independent examination||||||**-**||
|Preparation of annual accounts||||||**-**||
|Legal costs||||||**-**||
|||||||**-**||
|||||||**-**||
|**_Sub total_**
**Payments relating to asset and investment**
**movements**|**88,481**||**-**|**-**|**-**|**88,481**|**-**|
|||||||-||
|Purchases of fixed assets||||||**-**||
|Purchase of investments||||||**-**||
|**_Sub total_**
**_Total payments_**
**_Net receipts / (payments)_**
**Transfers to / (from) funds**
**_Surplus / (deficit) for year_**|**-**||**-**|**-**|**-**|**-**|**-**|
|||||||-||
||||**-**|**-**|**-**|**88,481**|**-**|
|||||||-||
||||**-**|**-**|**-**|**1,622)**
**(**|**-**|
|||||||||
|||||||**-**||
|||||||||
||||**-**|**-**|**-**|**1,622)**
**(**|**-**|
|||||||-||
**Nature and purpose of funds**
KillinMusicFestival 21-22 accounts.xlsxAdditional notes (2)
December 2007
APPENDIX 2
**SC049439**
## **Killin Music Festival**
## **Additional analysis (3)**
**6 Breakdown of restricted funds**
|**Receipts**|**Restricted fund 1**
**- enter name of**
**fund below**
**-**|**Restricted fund 1**
**- enter name of**
**fund below**
**-**|**Restricted fund 2**
**- enter name of**
**fund below**|**Restricted fund 3**
**- enter name of**
**fund below**|**Restricted fund 4**
**- enter name of**
**fund below**|**Total restricted**
**funds**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
-|**Total restricted**
**funds**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
-|**Total restricted**
**funds last period**|
|---|---|---|---|---|---|---|---|---|
|Donations||||||**-**|||
|Legacies||||||**-**|||
|Grants||||||**-**|||
|Receipts from fundraising activities||||||**-**|||
|Gross trading receipts||||||**-**|||
|Income from investments other than land and buildings||||||**-**|||
|Rents from land & buildings||||||**-**|||
|Gross receipts from other charitable activities||||||**-**|||
|**_Sub total_**
**Receipts from asset & investment sales**|**-**||**-**|**-**|**-**|**-**||**-**|
||||||||||
|
Proceeds from sale of fixed assets||||||**-**|||
|Proceeds from sale of investments||||||**-**|||
|**_Sub total_**
**_Total receipts_**
**Payments**|**-**||**-**|**-**|**-**|**-**||**-**|
||**-**||**-**|**-**|**-**|**-**||**-**|
||||||||||
|Expenses for fundraising activities||||||**-**|||
|Gross trading payments||||||**-**|||
|Investment management costs||||||**-**|||
|Payments relating directly to charitable activities||||||**-**|||
|Grants and donations||||||**-**|||
|Governance costs:||||||**-**|||
|Audit / independent examination||||||**-**|||
|Preparation of annual accounts||||||**-**|||
|Legal costs||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|**_Sub total_**
**Payments relating to asset and investment**
**movements**|**-**||**-**|**-**|**-**|**-**||**-**|
||||||||||
|Purchases of fixed assets||||||**-**|||
|Purchase of investments||||||**-**|||
|**_Sub total_**
**_Total payments_**
**_Net receipts / (payments)_**
**Transfers to / (from) funds**
**_Surplus / (deficit) for year_**|**-**||**-**|**-**|**-**|**-**||**-**|
||||||||||
||||**-**|**-**|**-**|**-**||**-**|
||||||||||
||||**-**|**-**|**-**|**-**||**-**|
||||||||||
|||||||**-**|||
||||||||||
||||**-**|**-**|**-**|**-**||**-**|
||||||||||
|**Nature andpurpose of funds**|||||||||
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KillinMusicFestival 21-22 accounts.xlsxAdditional notes (3)
December 2007