2023-03-31-accounts - Community Music Wales/cerddoriaeth Gymunedol Cymru

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				2023	2022
		Unrestricted	Restricted	Total	Total
	Notes	fund f	funds	funds	funds
FIXEDASSETS
Tangible assets		5,422		5,422	7,487
CURRENT ASSETS
Debtors	12	402	11,774	12,176	22,285
Cash at bank and in hand		8,427	51,853	60,280	46,153
		8,829	63,627	72,456	68,438
CREDITORS
Amounts falling due within one year	13	(9,534)	(26,976)	(36,510)	(17,485)
NET CURRENT ASSETS		~705)	36,651	35,946	50,953
TOTAL ASSETSLESSCURRENT LIABILITIES		4,717	36,651	41,368	58,440
NET ASSETS		4,717	36,651	41,368	58,440
FUNDS	15
Unrestricted funds				4,717	30,908
Restricted funds				36,651	27,532
TOTAL FUNDS				41,368	58,440


DONATIONS AND LEGACIES
						2023 F	2022f
Donations						2,092	1,211
Arts Council ofWales						111,436	106,488
Garfield Weston Foundation						25,000	25,000
						138,528	132,699
INCOME FROM CHARITABLE	ACTIVITIES
						2023	2022
Activity							F
Training	Taith					18,367
	ACW - Apprenticeships					3,641	29,297
	Youth Music						29,500
Workshops	BBCChildren	in	Need			21,100
	ACW - Calonnau		Cerddorol			64,101	18,847
	Postcode Community			Trust		3,395
	ACW - Ffordd	Sain				19,741	18,129
Commissions	Project invoiced		income			65,553	49,340
						195,898	147,509
CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 6)	Totals
					F	F	F
Training					26,370	16,359	42,729
Projects					116,993	81,803	198,796
Commissions					59,404	50,569	109,973
					202,787	148,731	351,498

6.	SUPPORT COSTS	SUPPORT COSTS
				Staff		Finance
				costs f	Depreciation	charges f
	Training			13,869	227	20
	Projects			69,346	1,136	100
	Commissions			42 868	702	62
				126,083	2,065	182
					Governance
				Other f	costs f	Totals f
	Training			1,887	356	16,359
	Projects			9,439	1,782	81,803
	Commissions			5,835	1,102	50,569
				17,161	3,240	148,731
.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
					2023f	2022
	Depreciation	-owned assets			2,065	2,065
	Independent	examination	fee		3,260	2,760

STAFF CO	S	TS
					2023	2022
					f
Wages and	salaries				183,888	155,794
Social security costs					12,128	9,777
Other pension costs					8,950	7045
					204,966	172,616
The average		monthly	number ofemployees	during the year was as follows:
					2023	2022
Administration		staff			2	2
Managerial	staff				2	2
Development		staff			3	2


10.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
				F	F	F
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			132,699		132,699
	Charitable activities
	Training				58,767	58,767
	Projects				39,393	39,393
	Commissions			49,340		49,340
	Total			182,039	98,160	280,199
	EXPENDITURE ON
	Charitable activities
	Training			66,258	47,323	113,581
	Projects			47,520	56,154	103,674
	Commissions			79,608		79,608
	Total			193,386	103,477	296,863
	NET INCOME/(EXPENDITURE) Transfers between funds			(11,347) 98	(5,317) ~98)	(16,664)
	Net movement in	funds		(11,249)	(5,415)	(16,664)
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		42,157	32,947	75,104
	TOTAL FUNDS CARRIED FORWARD			30,908	27,532	58,440
11.	TANGIBLE FIXED	ASSETS
				Office	Musical
				equipment	instruments f	Totals
	COST
	At 1 April 2022			24,456	12,563	37,019
	Disposals			~11,704)		~11,704)
	At 31 March 2023			12,752	12,563	25,315
	DEPRECIATION
	At 1 April 2022			17,244	12,288	29,532
	Charge for year			1,924	141	2,065
	Eliminated on disposal			~11,704)		~11,704)
	At 31 March 2023			7,464	12,429	19,893
	NET BOOK VALUE
	At 31 March 2023			5,288	134	5,422
	At 31 March 2022			7,212	275	7487


12.	DEBTORS:A	MOUN	TS	FALLING DUE WITHIN ONE YEAR
						2023	2022
						F	f
	Trade debtors					302	1,412
	Grants due					11,774	8,464
	Other debtors						11,311
	Prepayments	and accrued			income	100	1,098
						12,176	22,285
13.	CREDITORS:	AMOUNTS			FALLING DUE WITHIN ONE YEAR
						2023 f	2022 f
	Trade creditors					2,160	4,331
	Social security	and other		taxes		3,894	3,800
	Accruals and deferred		income			30,456	9,354
						36,510	17,485
	included within	deferred		income above is the foilowing:
						2023	2022
							f
	Taith					9,970
	Postcode Community		Trust			17,006
						26,676

Minimum lease payments under non-cancellable operating	leases fall due as follows:
	2023	2022
	f	f
Within one year	12,960	12,960
Between one and five years	12,960	25,920
	25,920	38,880

				Net	Transfers
				movement	between	At
			At 1/4/21 f	in funds f	funds f	31/3/22 f
Unrestricted funds
General fund			42,157	(11,347)	98	30,908
Restricted funds
Paul Hamlyn Foundation			12,056	(12,056)
Children in Need			18,338	(14,306)		4,032
National Lottery Awards ACW- Covid-19: Support	for Arts		2,455	(2,455)
Organisations			98		(98)
Youth Music				23,500		23,500
			32,947	~5,317)	~98)	27,532
TOTAL FUNDS			75,104	~16,664)		58,440
Comparative net movement	in funds,	included	in the above are as follows:
				Incoming	Resources	Movement
				resources f	expended f	in funds f
Unrestricted funds
General fund				182,039	(193,386)	(11,347)
Restricted funds
Paul Hamlyn Foundation					(12,056)	(12,056)
Children in Need					(14,306)	(14,306)
National Lottery Awards					(2,455)	(2,455)
ACW - Apprenticeships				29,267	(29,267)
ACW - Calonnau Cerddorol ACW- Ffordd Sain Youth Music				18,847 20,546 29,500	(18,847) (20,546) ~6,000)	23,500
				98,160	~103,477)	~5.317)
TOTAL FUNDS				260,199	~296,663)	~)6,664)