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||||Page|
|---|---|---|---|
|Report ofthe|Trustees||1-4|
|Independent.|Examiner's|Report||
|Statement<br>of|Financial|Activities||
|Balance Sheet|||7-8|
|Notes to the Financial Statements|||9-17|





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|FO|R THE YEAR ENDE|D 31MARCH|2023|||
|---|---|---|---|---|---|
||Total|Total|Total|||
||Unrestricted|Designated|Restricted|Funds|Funds|
||Funds|Funds|Funds|2023|2022|
|Income and Expenditure||||||
|Incoming'resources||||||
|Gallery Income (2)|31,191||0|31,191|17,753|
|Other Income (2)|680||85|765|207|
|Trading Income (2)|22,583||36,264|58,846|49,937|
|Loca I Authority<br>(2)|3,849||44,486|48,335|56,493|
|Arts Council ofWales (2)|141,323||6,980|148,303|134,377|
|Health Board (2)|16,053||4,351|20,404|9,345|
|Other Grant Income (2)|12,252||46,295|58,547|36,102|
|Total Incoming Reserves|227,931|0|138,461|366,392|304,214|
|Resources Used||||||
|Direct Charitable<br>Expenditure||||||
|Project Costs (4)|91,392|0|140,596|231,988|154,440|
|Support Costs (5)|93,601|0|0|93,601|95,889|
|Administration<br>Costs (6)|13,754|0|0|13,754|13,696|
|Gallery Costs (7)|54,249|0|0|54,249|28,387|
||252,996|0|140,596|393,592|292,412|
|Net incoming / (outgoing)||||||
|resources before transfers|(25,065)|0|(2,134)|(27,200)|11,802|
|Transfers/Funds<br>Introduced|0|0|0|0|0|
|Net movements<br>in funds|(25,065)|0|(2,134)|(27,200)|11,802|
|Balances brought<br>forward||||||
|at 31March 2022|82,417|7,500|2,135|92,052|80,250|
|Balances carried forward||||||
|at 31March 2023|57,352|7,500||64,852|92,052|





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|||||||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Note|E||||||
|FIXEDASSETS|||||||||||
|Tangible||||9|||9,155|||10,884|
|Intangible||||10|||||||
|CURRENT ASSETS|||||||||||
|Stock|||||890|||890|||
|Debtors||||11|6,792|||26,087|||
|Cash at bank|||and in hand||86,439|||83,723|||
||||||94,121|||110,700|||
|CREDITORS|||||||||||
|Amounts|falling due||||||||||
|within one||year||12|38,424|||29,532|||
|NET CURRENT ASSETS|||||||55,697|||81,168|
|TOTAL ASSETS LESS|||||||||||
|CURRENT LIABILITIES|||||||64,852|||92,052|
|TOTAL ASSETS|||||||64,852|||92,052|
|RESERVES|||||||||||
|Unrestricted|||funds|13|||57,352|||82,417|
|Designated||funds||14|||7,500|||7,500|
|Restricted||funds||15|||1|||2,135|
||||||||64,852|||92,052|





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|INCOME RESOURCE|S||||||
|---|---|---|---|---|---|---|
|||||Total|Unrestricted|Restricted|
|TRADING INCOME|||||||
|Workshop fee||||60||60|
|Room hire||||1,331|1,331||
|Dance Money Classes||||12,229|12,229||
|Adoption<br>UK's Children||&Youn|g People|1,060|1,000|60|
|Llwynhendy<br>ICC||||4,987|500|4,487|
|Carmarthen<br>Town Bid||||2,692|150|2,542|
|Blaenau Gwent CBC/Head4ars||||576|576||
|Caerphilly<br>Arts||||4,500||4,500|
|Merlins Walk||||500|100|400|
|Ballet Cymru||||4,833||4,833|
|Cardiff University||||750||750|
|Stroke Association||||480||480|
|E Morgan||||924|130|794|
|CCC Communities4W+||||590|70|520|
|Felinfoel Integrated|CC|||480|60|420|
|Fundraising/donations||||1,506|1,506||
|Links Llanelli||||1,569|180|1,389|
|Living Memories||||205||205|
|Llanelli<br>Flying Starts||||750|90|660|
|WWHAM||||230|230||
|The Rowan Organisation||||2,562|256|2,306|
|Pembrokeshire<br>Peoples||First||578|518|60|
|Hijinx||||190||190|
|Llanelli<br>Mind||||270|30|240|
|5 Phillips||||3,318|332|2,986|
|H Jones||||2,226|223|2,003|
|Diverse Cymru||||3,318|332|2,986|
|5 Hopkins||||3,318|332|2,986|
|Model Church<br>in wales||Primary|School|365|365||
|Peter Llewellyn||||140|140||
|Rubicon Dance||||100|100||
|Small Steps Team||||240|30|210|
|Tim Camau Bach||||740|665|75|
|Tywi gate Trust||||135|15|120|
|Crymych<br>Leisure Centre||||842|842||
|Ty Cwm Gwendraeth||||250|250||
|Ysgol Bryn Teg|||||||
|||||58,846|22,583|36,264|





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|||||Tota I|Unrestricted|Restricted|
|---|---|---|---|---|---|---|
||LOCAL AUTHORITY||||||
||Pembrokeshire||County Council|12,754|1,275|11,478|
||Carmarthenshire||County Council|21,058|1,142|19,916|
|'|Ceredigion<br>County Council|||12,642|1,432|11,210|
||Pembs CC- Leisure|||1,882||1,882|
||Powys CC||||||
|||||48,335|3,849|44,486|
||ARTS COUNCIL||OF WALES||||
||Core Grant|||136,393|136,393||
||ACW Lottery|||11,910|4,930|6,980|
|||||148,303|141,323|6,980|
||HEALTH BOARD||||||
||Hywel<br>Dda|||20,404|16,053|4,351|
|||||20,404|16,053|4,351|
||OTHER GRANT||INCOME||||
||Pembrokeshire||Association|19,048|1,000|18,048|
||Community<br>Foundation<br>ofWales|||2,000||2,000|
||CAVS|||2,941|1,500|1,441|
||Anter Teifi|||7,223|1,659|5,564|
||Cost of Living|||4,228|4,228||
||PAVS|||4,440|3,500|940|
||Katheryn<br>Dodd|||300||300|
||Careres|||1,167|125|1,042|
||Moondance|Foundation||240|240||
||NESTA|||16,960||16,960|
|||||58,547|12,252|46,295|
||OTHER||||||
||Bank Interest|||207|207||
||Bank Loyalty|Reward||53|53||
||Menter<br>Cwm|Gwendraeth||420|420||
||DBCcheck|||85||85|
|||||765|680|85|
||Gallery Income|||31,191|31,191||





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|2023|2022|
|---|---|
|f|f|
|15|15|



|||2023|2022|
|---|---|---|---|
|||E|f|
|Wages|and Salaries|119,267|105,623|
|Social|Security Costs|14,252|8,254|
|||133,519|113,877|



|4|PROJECT|COSTS||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||E|E|
||Activities|||89,110|139,452|228,562|149,320|
||Telephone|||565||565|422|
||Printing,|stationery|& postage|331||331||
||Travel||||||259|
||Training||||||480|
||Insurance|||1,386||1,386|923|
||Refreshments|||||||
||Equipment||||1,144|1,144||
||Venue<br>Hire||||||2,961|
||Subscriptions||||||75|
|||||91,392|140,596|231,988|154,440|





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|SUPPORT COSTS||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||||2023|2022|
|||E||f|f|
|Salaries||72,224||72,224|76,283|
|Training||25||25||
|Telephone||565||565|422|
|Printing<br>&Stationery||331||331||
|Alarms||252||252|258|
|Insurance||1,386||1,386|923|
|Rent &Rates||6,293||6,293|9,364|
|Heat 8 Light||6,885||6,885|2,651|
|Financial<br>Costs||1,590||1,590|1,400|
|Depreciation||2,289||2,289|2,721|
|Cleaning||480||480|612|
|Travel||529||529||
|Subscri ptions||310||310|51|
|Moving Costs||200||200|300|
|Repairs &Maintenance||191||191|903|
|Marketing||52||52||
|||93,601||93,601|95,891|
|ADMINISTRATION|COSTS|||||
|Salaries - Administration||8,568||8,568|7,154|
|Telephone||565||565|422|
|Printing<br>&Stationery||331||331|517|
|Software/Online|subscriptions|1,391||1,391||
|Equipment<br>Costs||2,117||2,117|2,843|
|Sundries||23||23|280|
|Postage||63||63||
|Solicitor Fees|||||152|
|Web Design update||331||331|1,167|
|Refreshment||261||261|59|
|Job Advert||105||105||
|Subscriptions|||||926|
|Translation|||||176|
|||13,754||13,754|13'696|





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|7|GALLERY C|OS|T5|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|2023|2022||
||||||E|E|E|E||
||Salaries - Gallery||||8,567||8,567|7,154||
||Postage, printing|||and stationery|573||573||450|
||Equipment|costs|||581||581||88|
||Card machine||costs||356||356||282|
||Telephone||||565||565||422|
||Volunteer|expenses|||1,955||1,955||370|
||Gallery Artist||Payments||23,367||23,367|13,587||
||Collectorplan||Interest||78||78||30|
||Music License||||344||344||295|
||Repairs Maintenance||||42||42|||
||Marketing||||193||193|||
||Rent||||10,000||10,000|3,332||
||Rates||||1,153|||||
||Alarms||||348||348||174|
||Heat & Light||||3,441||3,441||617|
||Refreshments||||337||337||28|
||Sundries||||144||144||176|
||Insurance||||1,386||1,386||923|
||Cleaning||||819||819||458|
||||||54,249||53,096|28,386||
|8|SURPLUS FOR||THE YEAR||||2023|2022||
||||||||E|E||
||The deficit|is stated after the following:||||||||
||Depreciation||||||2,289|2,721||
|9|FIXEDASSETS|||||||||
||||||Other|Computer|Gallery|Total||
||COST|||||||||
||At 1.4.22||||13,448|25,586|9,201|48,235||
||Additions||||||560||560|
||Disposals|||||||||
||At 31.3.23||||13,448|25,586|9,761|48,795||
||DEPRECIATION|||||||||
||At 1.4.22||||12,782|21,042|3,527|37,351||
||Charge||||133|909|1,247|2,289||
||Disposals|||||||||
||At 31.3.23||||12,915|21,951|4,774|39,640||
||NET 8OOK|VALUE||||||||
||At 31.3.23||||533|3,635|4,987|9,155||
||At 31.3.22||||666|4,544|5,674|10,884||





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|10|INTANGIBLE ASSETS|INTANGIBLE ASSETS|||
|---|---|---|---|---|
||COST|||2,584|
||ADDITIONS||||
|||||2,584|
||DEPRECIATION||||
|||At 1st April 2022||2,584|
|||Charge|||
|||At 31st March 2023||2,584|
||NET BOOK|VALUE|||
|||At 31st March 2023|||
|||At 31st March 2022|||
||||2023|2022|
||||f|f|
|11|DEBTORS||||
||Trade Debtors||6,792|26,087|
|12|CREDITORS||||
||Monies received<br>in advance||35,220|26,434|
||Sundry Creditors||3,204|3,098|
||||38,424|29,532|
|13|UNRESTRICTED FUNDS||||
||Balance as at 31st March 2022||82,417|58,329|
||Movement|in the year|(25,065)|24,088|
||Balance as at 31st March 2023||57,352|82,417|





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|14|DESIGNATED|FUND|Balance|Movement|in|Resources|Balance|
|---|---|---|---|---|---|---|---|
||||31March|Incoming||Outgoing|31March|
||||2022||||2023|
||Redundancy|Fund|7,500||||7,500|
||||7,500||||7,500|



|15|RESTRICTED|RESTRICTED|FUNDS|Balance|Movement|in|Resources|Balance|
|---|---|---|---|---|---|---|---|---|
|||||31March|Incoming||Outging|31March|
|||||2022||||2023|
|||||E|E||E|E|
||Activities|(i)||2,135|138,461||-140,596||
|||||2,135|138,461||-140,596||



|||Tangible|Intangible||Net Current||
|---|---|---|---|---|---|---|
|||Fixed|Fixed||Assets/|Total|
|||Assets|Assets||Liabilities||
|Restricted|Funds||||||
|Designated|Funds||||7,500|7,500|
|Unrestricted|Funds|9,155|||48,196|57,351|
|||9,155||0|55,697|64,852|