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||||||Unrestricted||Funds|Total||Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Income||Capital|2022||2021|
||||Note|||||E||E|
|Income from:|||||||||||
|Royalties|||2||440,568|||440,568||4,692|
|Interest from bank deposits|||||135|||135||171|
|Total income|||||440,703|||440,703||4,863|
|Expenditure
on:|||||||||||
|Charitable
activities|||3||201,929|||201,929||101,457|
|Total expenditure|||||201,929|||201,929||101,457|
|Net income before|other||||||||||
|recognised
(losses)|||||238,774|||238,774||(96,594)|
|Fair value movement|of reversionary||||||||||
|interest|||||||(18,627)|(18,627)|||
|Net movement
in funds|||||238,774||(18,627)|220,147||(96,594)|
|Reconciliation
of Funds:|||||||||||
|Total funds
brought|forward|at|||||||||
|1 April 2021|||||||969,332|969,332||1,065,926|
|Total funds carried|forward|at||F|238,774|F|950,705|F 1,189,479|E|969,332|
|31 March 2022|||||||||||
##
##
||||||Unrestricted|Unrestricted|Funds|
|---|---|---|---|---|---|---|---|
|||||Note|2022
f||2021
f|
|Intangible
Fixed Assets:||||||||
|Reversionary
interest|in "The Mousetrap"||play|5/6|516,081||534,708|
|Current Assets:||||||||
|Debtors||||7|207,854||1,420|
|Cash at bank||||8|1,008,805||1,025,635|
||||||1,216,659||1,027,055|
|Liabilities:||||||||
|Creditors
-amounts|falling due within one||year|9|(211,149)||(167,674)|
|Net Current Assets|||||1,005,510||859,381|
|Total Assets less Current||Liabilities|||1,521,591||1,394,089|
|Creditors
- amounts|falling due in more than one year|||10|(332,112)||(424,757)|
|Total Net Assets|||||L' 1,189,479|E|969,332|
|The funds ofthe charity:||||||||
|Unrestricted
Capital|Funds||||950,705||969,332|
|Unrestricted
Income|Funds||||238,774|||
|Total charity funds|||||E 1,189,479|E|969,332|
|Approved
on behalf|ofthe trustees:|||||||
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||FOR THE|FOR THE|FOR THE|YEAR ENDED 31 MARCH 2022|YEAR ENDED 31 MARCH 2022|YEAR ENDED 31 MARCH 2022||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2021|
|3.|CHARITABLE ACTIVITIES||||||||E|
||Grants made to charitable|organisations:||||||||
||Mousetrap
Foundation
for the Arts|||(Mousetrap||Theatre Projects)|40,000|||
||Valley Kids||||||30,000|||
||Buxton International
Festival||||||18,600|||
||Benedetti
Foundation||||||10,000|||
||Hijinx Theatre||||||10,000|||
||MusicFest Aberystwyth||||||10,000|||
||National
Opera Studio||||||10,000||5,000|
||Theatr na nOg||||||10,000|||
||Afan Arts||||||7,000|||
||UPROAR||||||6,000|||
||Art UK (Public Catalogue
Foundation)||||||5,000|||
||Carmathen
& District Youth Opera||||||5,000|||
||Changing
Tunes||||||5,000|||
||Vale of Glamorgan
Festival||||||5,000|||
||Aberystwyth
University||||||4,800|||
||Longborough
Festival Opera||||||4,500|||
||Bangor New Music Festival||||||4,000|||
||NMC Recordings||||||4,000|||
||National
Dance Company
Wales||||||||20,000|
||National
Museum
ofWales||||||||12,500|
||National
Eisteddfod
Wales||||||||10,000|
||National
Youth Arts Wales||||||||7,000|
||OPRA Cymru||||||||6,500|
||Ffotogallery||||||||5,000|
||Mid Wales Music Trust||||||||5,000|
||Forget-me-not-Chorus||||||||3,000|
||Grants made to charitable|organisations|||||188,900||74,000|
||Finance income arising
on new long term grant|||||commitments|(27,888)||(12,742)|
||Finance income written
back|on long term commitments|||||12,742||14,421|
||Sub-total||||||173,754||75,679|
||Governance costs (see note 4)||||||28,175||25,778|
||Total charitable activities||||||f 201,929|L|101,457|
|4.|GOVERNANCE COSTS|||||||||
||Consultant
director's
remuneration|||and|expenses||15,600||12,600|
||Accountancy
and related administration||||fees||10,290||13,134|
||Independent
examiner fees||||||2,100|||
||Bank charges||||||515||499|
||Reclaimed
VAT on accountancy||fees||||(330)||(455)|
||||||||28,175|E|25,778|
##
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##
||FOR THE YEAR ENDED 31 MARCH 2022|FOR THE YEAR ENDED 31 MARCH 2022|FOR THE YEAR ENDED 31 MARCH 2022|FOR THE YEAR ENDED 31 MARCH 2022|FOR THE YEAR ENDED 31 MARCH 2022||||
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|7.|DEBTORS|||||||E|
||Adam Spiegel Productions
Limited - royalties||due|||179,396|||
||Agatha
Christie
Ltd - Curtain
royalties due|||||28,458||1,420|
|||||||207,854|F|1,420|
|8.|CASH AT BANK||||||||
||Cash with Coutts 8Co - on current account|||||284,552||414,168|
||-on reserve account|||||602,655||602,594|
|||||||887,207||1,016,762|
||Cash on client monies account with Rawlinson||8 Hunter||LLP|121,598||8,873|
|||||||1,008,805|F|1,025,635|
|9.|CREDITORS - Amounts
falling due within||one|year|||||
||Charitable
commitments
to:||||||||
||Mousetrap
Foundation
for the Arts (Mousetrap|||Theatre Projects)||20,000|||
||Welsh
National
Opera
Limited|||||65,000||75,000|
||Sinfonia
Cyrnru|||||12,500|||
||Hijinx Theatre|||||10,000|||
||Musicfest Aberystwyth|||||10,000|||
||Valley Kids|||||10,000|||
||Buxton International
Festival|||||8,600|||
||Royal Welsh College of Music 8 Drama|||||5,866||5,866|
||Vale of Glarnorgan
Festival|||||5,000|||
||Longborough
Opera|||||4,500|||
||Agatha
Christie Festival|||||2,500|||
||National
Dance Company
Wales|||||||20,000|
||National
Museum
ofWales|||||||12,500|
||National
Eisteddfod Wales|||||||10,000|
||National
Youth Arts Wales|||||||7,000|
||Opra Cyrnru|||||||6,500|
||Mid Wales Music Trust|||||||5,000|
||Agathie
Christie Festival (IACF)|||||||5,000|
||Forget-me-not-Chorus|||||||3,000|
||Charitable
commitments
(balance)|||||153,966||149,866|
||HM Revenue
&Customs - VAT|||||35,073||468|
||Accountancy
and related administration|fees||||17,610||11,940|
||Consultant
director's fees and expenses|||||2,400||3,600|
||Independent
examiner's
fees|||||2,100||1,800|
|||||||211,149|6|167,674|
##
##
##
||||||2022||2021|
|---|---|---|---|---|---|---|---|
|CREDITORS - Amounts||||falling due in more than one year|||F|
|Charitable||commitments:||||||
|Welsh|National||Opera|Limited|332,112||412,621|
|Sinfonia||Cyrnru|||||12,136|
||||||332,112|F|424,757|
##
|hold elsewhere
is not de|pendent
on fu|nding
from|charity.|||||
|---|---|---|---|---|---|---|---|
||||||Commitments||Balance|
|Charity|Reg no.|Connected|Person|Position|2022|2021|at 31.3.22|
||||||||B|
|Forget-me-not-Chorus|1151812|Rebecca Evans||(1)see below||3,000||
##
##
##
##
##
##
|ANALYS|IS OF NET A|SSETS|BET|W|EEN F|UN|D|S|S|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Income||Capital||Total|Total|
|||||||||Fund|||Fund|2022|2021|
|||||||||E|||||E|
|Intangible|assets||||||||||516,081|516,081|534,708|
|Debtors||||||||207,854||||207,854|1,420|
|Cash||||||||574,181|||434,624|1,008,805|1,025,635|
|Creditors|(amounts
due within||1 year)|||||(211,149)||||(211,149)|(167,674)|
|Creditors|(amounts
due in more than||||1 year)|||(332,112)||||(332,112)|(424,757)|
|Total Funds|||||||F|238,774||E|950,705|F 1,189,479|6 969,332|
|||||||||||||2022|2021|
|FINANCIAL
INSTRUMENTS||||||||||||||
|The carry|amounts
ofthe charity's|||financial||instruments|||are as follows:|||||
|Financial|assets|||||||||||||
|Measured|at fair value|through|SOFA:|||||||||||
|- Intangible
fixed asset||reversionary|||interest|||||||516,081|534,708|
|- Cash at bank||||||||||||1,008,805|1,025,635|
|Measured|at amortised|cost:||||||||||||
|- Accrued income||||||||||||207,854|1,420|
|Financial|liabilities|||||||||||||
|Measured|at amortised|cost||||||||||||
|- Accruals||||||||||||57,183|17,808|
|The
income,
expenses,
net|||gains||and|net|losses||attributable||to the|||
|charity's|financial
instruments||are summarised||||as follows:|||||||
|Income and expense||||||||||||||
|Measured|at fair value|through|SOFA:|||||||||||
##