| MINEHEAD AND EXMOOR FESTIVAL SOCIETY | ||||||||||
| Income and expenditure account for the 2007 season | ||||||||||
| INCOME | 2006 | 2007 | Differences | % Increase / Decrease | ||||||
| Note | £ | £ | £ | £ | £ | £ | % | % | ||
| Donations | ||||||||||
| Gift Aid | 1,491.80 | 1,848.84 | 357.04 | 23.93% | ||||||
| Gift Aid Tax repayment | 426.41 | 521.47 | 95.06 | 22.29% | ||||||
| Non-Gift Aid | 367.44 | 934.39 | 566.95 | 154.30% | ||||||
| Patrons | 18.00 | 2,303.65 | 18.00 | 3,322.70 | 0.00 | 1,019.05 | 0.00% | 44.24% | ||
| Grants and Sponsors | ||||||||||
| ARTlife Grant | 750.00 | 1,000.00 | 250.00 | 33.33% | ||||||
| Sponsors | 1,900.00 | 2,830.00 | 930.00 | 48.95% | ||||||
| Town Councils | 350.00 | 3,000.00 | 400.00 | 4,230.00 | 50.00 | 1,230.00 | 14.29% | 41.00% | ||
| Sales | ||||||||||
| Advertising | 0.00 | 75.00 | 75.00 | n/a | ||||||
| Programmes | 464.00 | 444.20 | -19.80 | -4.27% | ||||||
| Refreshments | 28.88 | 36.80 | 7.92 | 27.42% | ||||||
| Tickets | 10,115.26 | 12,131.51 | 2,016.25 | 19.93% | ||||||
| Uncategorised income | 6.00 | 10,614.14 | 0.00 | 12,687.51 | -6.00 | 2,073.37 | -100.00% | 19.53% | ||
| Bank Interest | ||||||||||
| Bank interest (gross) | 0.00 | 85.23 | 85.23 | n/a | ||||||
| Bank interest (net) | 1 | 0.00 | 0.00 | 8.12 | 93.35 | 8.12 | 93.35 | n/a | n/a | |
| Total Income | 15,917.79 | 20,333.56 | 4,415.77 | 27.74% | ||||||
| Excess of Expenditure over Income | ||||||||||
| 15,917.79 | 20,333.56 | |||||||||
| EXPENDITURE | ||||||||||
| Administration | ||||||||||
| Accountancy | 0.00 | 27.56 | 27.56 | n/a | ||||||
| Advertising | 151.00 | 123.80 | -27.20 | -18.01% | ||||||
| Domain Name fees | 10.54 | 10.56 | 0.02 | 0.19% | ||||||
| Insurance | 248.88 | 184.54 | -64.34 | -25.85% | ||||||
| Postages | 91.57 | 64.81 | -26.76 | -29.22% | ||||||
| Printing | 711.55 | 731.00 | 19.45 | 2.73% | ||||||
| Stationery | 13.18 | 1,226.72 | 7.94 | 1,150.21 | -5.24 | -76.51 | -39.76% | -6.24% | ||
| Performers and Orchestra | ||||||||||
| Catering | 1,545.36 | 1,873.09 | 327.73 | 21.21% | ||||||
| Conductor | 1,400.00 | 1,500.00 | 100.00 | 7.14% | ||||||
| Fixing | 250.00 | 220.00 | -30.00 | -12.00% | ||||||
| Honoraria | 1,320.00 | 1,470.00 | 150.00 | 11.36% | ||||||
| Instrument hire/tuning | 0.00 | 78.00 | 78.00 | n/a | ||||||
| Music hire | 849.58 | 1,159.79 | 310.21 | 36.51% | ||||||
| Presentations | 141.97 | 137.56 | -4.41 | -3.11% | ||||||
| PRS | 202.69 | 628.41 | 425.72 | 210.04% | ||||||
| Soloists | 1,750.00 | 1,525.00 | -225.00 | -12.86% | ||||||
| Travel | 3,909.26 | 4,093.34 | 184.08 | 4.71% | ||||||
| Venue Hire | 2,080.00 | 13,448.86 | 2,841.25 | 15,526.44 | 761.25 | 2,077.58 | 36.60% | 15.45% | ||
| Capital Expenditure | 2 | 0.00 | 383.80 | |||||||
| Total Expenditure | 14,675.58 | 17,060.45 | 2,384.87 | 16.25% | ||||||
| Excess of Income over Expenditure | 1,242.21 | 3,273.11 | ||||||||
| 15,917.79 | 20,333.56 | |||||||||
| Total Profit/Loss for the Season | 1,242.21 | 3,273.11 | ||||||||
| RECONCILIATION | ||||||||||
| Ledger | 2006 | 2007 | ||||||||
| Opening balances: | ||||||||||
| Treasurer's account | 430.66 | 2,058.86 | ||||||||
| Deposit account | 0.00 | 0.00 | ||||||||
| Debtors | 385.99 | 816.65 | 0.00 | 2,058.86 | ||||||
| Income less expenditure | 1,242.21 | 3,273.11 | ||||||||
| Closing balance | 2,058.86 | 5,331.97 | ||||||||
| Bank | ||||||||||
| Bank closing balances: | ||||||||||
| Treasurer's account | 2,058.86 | 202.62 | ||||||||
| Deposit account | 0.00 | 5,129.35 | ||||||||
| Add o/s debtors | 0.00 | 2,058.86 | 0.00 | 5,331.97 | ||||||
| Less o/s creditors | 0.00 | 0.00 | ||||||||
| Closing reconciled balance | 2,058.86 | 5,331.97 | ||||||||
| NOTES | ||||||||||
| 1. The bank inititally paid interest net in error | ||||||||||
| 2. Purchase of new music stands | ||||||||||