MINEHEAD AND EXMOOR FESTIVAL SOCIETY
Income and expenditure account for the 2006 season
INCOME 2005 2006 Differences % Increase / Decrease
Note £ £ £ £ £ £ % %
Donations      
  Gift Aid 1,045.70   1,491.80   446.10 42.66%
  Gift Aid Tax repayment 385.99   426.41   40.42 10.47%
  Non-Gift Aid 583.01   367.44   -215.57 -36.98%
  Patrons 23.00 2,037.70 18.00 2,303.65 -5.00 265.95 -21.74% 13.05%
Grants and Sponsors      
  ARTlife Grant 0.00   750.00   750.00 n/a
  Sponsors 1,650.00   1,900.00   250.00 15.15%
  Town Councils 350.00 2,000.00 350.00 3,000.00 0.00 1,000.00 0.00% 50.00%
Sales      
  Programmes 498.00   464.00   -34.00 -6.83%
  Refreshments 39.16   28.88   -10.28 -26.25%
  Tickets 9,760.80   10,115.26   354.46 3.63%
  Other Income 0.00 10,297.96 6.00 10,614.14 6.00 316.18 n/a 3.07%
    Total Income 14,335.66 15,917.79   1,582.13 11.04%
    Excess of Expenditure over Income 1,422.39    
15,758.05 15,917.79  
     
EXPENDITURE      
     
Administration      
  Advertising 92.00   151.00   59.00 64.13%
  Insurance 238.88   248.88 10.00 4.19%
  Miscellaneous 63.34   80.53 17.19 27.14%
  Printing 695.91   711.55 15.64 2.25%
Stationery 10.80 1,100.93 13.18 1,205.14 2.38 104.21 22.04% 9.47%
   
Performers and Orchestra    
  Catering 1,744.11   1,545.36 -198.75 -11.40%
  Conductor 1,350.00   1,400.00 50.00 3.70%
  Fixing 225.00   250.00 25.00 11.11%
  Honoraria 1,475.00   1,320.00 -155.00 -10.51%
  Instrument hire 1,280.00   0.00 -1,280.00 -100.00%
  Music hire 810.82   849.58 38.76 4.78%
  Presentations 85.00   141.97   56.97 67.02%
  PRS 451.26   202.69   -248.57 -55.08%
  Soloists 1,650.00   1,750.00   100.00 6.06%
  Travel 3,508.08 12,579.27 3,909.26 11,368.86 401.18 -1,210.41 11.44% -9.62%
     
Sundries 17.62 21.58   3.96 22.47%
Venue hire 2,060.23 2,080.00   19.77 0.96%
     
     
     
    Total Expenditure 15,758.05 14,675.58   -1,082.47 -6.87%
    Excess of Income over Expenditure   1,242.21  
15,758.05 15,917.79  
   
Total Profit/Loss for the Season -1,422.39 1,242.21
RECONCILIATION
Ledger
Opening balance 1,239.04   816.65  
Income less expenditure -1,422.39 -183.35 1,242.21 2,058.86
ARTlife Guarantee Against Loss 1,000.00   0.00
Closing balance 816.65 2,058.86
Bank
Bank closing balance 430.66   2,058.86  
Add o/s debtors 1 385.99 816.65 0.00 2,058.86
Less o/s creditors 0.00   0.00
Closing reconciled balance 816.65 2,058.86
Notes
1 Gift Aid repayment due for 2005 paid in 2006