MINEHEAD AND EXMOOR FESTIVAL SOCIETY
Income and expenditure account for the 2005 season
INCOME 2005 2004 Differences
    £ % %
Sales      
  Ticket Sales 10,001.00   10,009.00   -8 -0.08%
  Programme sales 498.00   286.60   211 73.76%
  Refreshments 39.16 10,538.16 36.65 10,332.25 3 6.85% 1.99%
Donations      
  Gift Aid 1,037.70   1,348.10   -310 -23.02%
  Gift Aid Tax recovered # 292.68   374.59   -82 -21.87%
  Non Gift Aid 583.01 1,913.39 255.62 1,978.31 327 128.08% -3.28%
Grants      
  Local Authority Grants 350.00   350.00   0 0.00%
  Other Grants 0.00 350.00 0.00 350.00 0 0.00%
Friends of the Festival and Patrons 23.00 23.00 0 0.00%
Sponsorship 1,650.00 1,000.00 650 65.00%
Interest 0.00 0.00 0
Sundry 0.00 24.00 -24 -100.00%
    Total Income 14,474.55 13,707.56 767 5.60%
    Excess of Expenditure over Income 1,515.70    
15,990.25 13,707.56  
     
EXPENDITURE      
     
Principals      
  Conductor 1,350.00   1,350.00   0 0.00%
  Soloists 1,650.00   1,315.00   335 25.48%
  Presentations 85.00 3,085.00 70.00 2,735.00 15 21.43% 12.80%
Orchestra      
  Catering 1,744.11   1,557.02   187 12.02%
  Fees 1,475.00   1,345.00   130 9.67%
  Fixing 225.00   250.00   -25 -10.00%
  Travel 3,508.08 6,952.19 3,563.64 6,715.66 -56 -1.56% 3.52%
Music      
  Hire 665.13   370.00   295 79.76%
  PRS 451.26 1,116.39 220.68 590.68 231 104.49% 89.00%
Venue Hire 2,060.23 2,250.00 -190 -8.43%
Piano 1,280.00 0.00 1280
Equipment 0.00 0.00 0
Advertising 92.00 38.88 53 136.63%
Administration      
  Accountancy 0.00   0.00   0
  Bank Charges 0.00   0.00   0
  Insurance 238.88   238.87   0 0.00%
  Miscellaneous 458.85   352.80   106 30.06%
  Printing 695.91   702.86   -7 -0.99%
  Stationery 10.80 1,404.44 31.06 1,325.59 -20 -65.23% 5.95%
Sundry Expenses 0.00 0.00 0.00 0
    Total Expenditure 15,990.25 13,655.81 2334 17.09%
    Excess of Income over Expenditure   51.75  
15,990.25 13,707.56  
   
Total Profit/Loss for the Season -1,515.70 51.75
   
RECONCILIATION    
Ledger    
Opening balance 1,239.04 987.29
Income less expenditure -1,515.70 51.75
ARTlife guarantee against loss 1,000.00   0.00
Closing balance 723.34 1,039.04
   
Bank    
Bank closing balance 430.66   1,239.04  
Add o/s debtors # 292.68 723.34 0.00 1,239.04
Less o/s creditors 0.00   0.00
Closing reconciled balance 723.34 1,239.04
# Note: Gift Aid not yet received.