for the Period Ended 31 December 2022
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2022
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
29 December 2021 to 31 December 2022
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2022 | ||
---|---|---|
| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | |
Profit(or loss) for the financial year: | |
As at
Notes | 2022 | ||
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| £ | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 3 | ( | |
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Total net assets (liabilities): | | ||
Members' funds | |||
Profit and loss account: | | ||
Total members' funds: | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2022
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 December 2022
2022 | ||
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Average number of employees during the period | |
for the Period Ended 31 December 2022
2022 | ||
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£ | ||
Accruals and deferred income | | |
Total | |
Charlbury Riverside Festival is an annual festival held in the town, run entirely by volunteers to enable free access to all members of the public, with an emphasis on providing a platform for young and aspiring musicians from the local area to experience large, open air audiences.The festival has enabled the local community to come together for two days of the year in July, to experience a weekend of free entertainment, mainly through the three music stages put on, but also from the provision of a children’s area, a green field showcasing local crafts, as well as a busking stage for anyone to join in.Across the three stages, over 40 local acts were able to perform to audiences, with a maximum capacity of 2,000 attendees a day.We employed a professional security company, to ensure that from set-up to take-down, the site and its patrons as well as staff were taken care of. By being run by a dedicated team of volunteers, we hope to ensure that the festival can run year-on-year by using any profits from bar, programme and merchandise sales to fund the set-up costs of the following year. Given we are an outdoor festival with no entry fee, we are weather dependent upon patrons attending, and so we are actively looking for sponsorship as an additional funding stream to provide some financial future-proofing.
The company’s stakeholders are the residents of the town of Charlbury, as well as those of surrounding villages who may travel to the festival either as patrons or potentially as performers or volunteers.We hold regular meetings with the volunteers who help run the festival, as well as with stage managers to ensure everyone is happy with the arrangements for weekend. We also use social media channels for feedback and reviews of the weekend, which if possible, we act upon for future years. For instance, this year we received feedback for a gluten free and alcohol free option behind the bar, which we will pursue for next year’s festival.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
19 October 2023
And signed on behalf of the board by:
Name: Mr A N Pickard
Status: Director