## ## |**Contents**|**Page**| |---|---| |Legal and administrative information|2| |Report o f the trustees|3 −5| |Independent accountants' report|6| |Statement o f financial activities|7| |Balance sheet|8| |Notes forming part o f the financial statements|9 −15| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||**As at**|**As at**| |---|---|---|---|---|---| |||**Unrestricted **|**Restricted**|**31 March**|**31 March**| ||**Notes**|**Funds**|**Funds**|**2021**|**2020**| |**Income**|||||| |Grants and donations|3|1−80,373|51,551|231,924|162,028| |Charitable activities|**4**|146,922||146,922|236,138| |Investments||42||42|125| |**_Total_**||327,337|51,551|378,888|398,291| |**Expenditure on:**|||||| |Charitable activities|**_5_**|276,512|44,847|321,359|399,100| |**_Total_**||276,512|44,847|321,359|399,100| |**Net income / (expenditure)**||50,825|6,704|57,529|(809)| |Funds at 1 April 2020||170,122|14,799|184,921|185,730| |Funds at 31 March 2021||£220,947|£21,503|£242,450|£184,921| ## |**_Balance Sheet_**_as at 31 March 2021_|**_Balance Sheet_**_as at 31 March 2021_|_•_ 4:|||| |---|---|---|---|---|---| ||||**2021**||**2020**| ||**Notes**||||| |**Fixed Assets**|||||| |Tangible fixed assets|**_9_**||112,812||107,592| |**Current Assets**|||||| |Debtors|**_10_**|22,751||24,051|| |Cash at bank and in hand||141,987||113,245|| |||164;138.||137,296|| |**Creditors:** _amounts falling due_|||||| |_Within one year_|**_11_**|35,100||59,967|| |**Net current assets**|||129,638||77,329| |**Net assets**|||£242,450||£184,921| |**Funds**|||||| |General unrestricted fund|**_15_**||159,714||113,889| |Designated fund|**_15_**||45,000||40,000| |Restricted fund|**_15_**||21,503||14,799| |Revaluation reserve|||16,233||16,233| ||||£242,450||£184,921| ## ## ## ## ## ## ## ## ## ## ## ## ## ||**Unrestristed**|**Unrestristed**|**Restricted**|**Total**|**Total**| |---|---|---|---|---|---| |||**Funds**|**Funds**|**2021**|**2020**| |**3.**|**Grants and Donations**|**£**|**£**|**£**|**£**| ||Grants and donations|22,813|33,461|56,274|81,777| ||Arts Council o f Wales|81,134||81,134|80,251| ||COVED Support:
Arts Council o f Wales|.,
27;149|18,090|45,239|| ||Welsh Government Support||||| ||through Gwynedd Council|..
46,000||46,000|| ||Job Retention Scheme|3,277||3,277|| |||£180,373|£51,551|£231,924|£162,028| ||**Unrestricted**||**Restricted**|**Total**|**Total**| ||||**Funds**|**2021**|**2020**| |**4.**|**Income from Charitable activities**||||| ||Income from tutorials −Galeri|84,592||84,592|115,117| ||Income from tutorials −Denbigh|20,444||20,414|25,501| ||Rent and admin income −Galeri|27,196_||27,196|37,610| ||Rental and admin income −Denbigh|5,499||5,499|6,859| ||Special events|8,660||8,660|49,055| ||Hire, rents and other income|561||561|1,996| |||£146,922|£−|£146,922|£236,138| ||**Unrestricted**||**Restricted**|**Total**|**Total**| |||**Funds**|**Funds**|**2021**|**2020**| |**5.**|**Cost o f Charitable activities**|**•**
**.•**
**r**|||| ||Tutor fees −Galeri|84,592||84,592|115,117| ||Tutor fees −Denbigh|20,414||20,414|25,501| ||Online taster sessions|96||96|−| ||Rental costs −Denbigh|1,197||1,197|4,831| ||Special events and other costs|43,681|382|44,063|67,132| ||Canfod y Gan direct costs|−|15,999|15,999|31,052| ||Support costs (Note 6)|124,552|28,466|153,018|153,525| ||Governance costs (Note 7)|1980,||1,980|1,942| |||£276,512|£44,847|£321,359|£399,100| ## ||**Charitable**|**Charitable**|**Restricted**|**Total**|**Total**| |---|---|---|---|---|---| ||**Activities**||**Funds**|**2021**|**2020**| |**6.**|**Support Costs**||||| ||Wages|75,830|22,132|97,962|92,234| ||Employer pension contributions|. ..
3,373|989|4,362|3,960| ||Travelling expenses|210|53|263|1,832| ||Advertising and marketing|2,834|569|3,403|4,598| ||Telephone, post, printing and stationery|1,002|266|1,268|3,756| ||Photocopier lease|2,758||2,758|1,570| ||Computing costs|1,144|635|1,779|| ||Bank charges|783|−|783|2,479| ||Insurance
Rent and rates|, 1,250
20,874|,
_
938|3,250
21,812|3,265
29,330| ||Sundry|•'1,470|−|1,470|1,716| ||Instruments|4,265|2,284|6,549|5,112| ||Direct Covid costs|4,236||4,236|−| ||DBS Checks|93||93|1,637| ||Piano tuning and repairs|1,099|600|1,699|908| ||Training and courses|1
924||924|784| ||Pension support costs|..fi .|||125| ||Depreciation|407||407|219| |||£124,552|£28,466|£153,018|£153,525| |||−•|||| ||**Unrestricted**||**Restricted**|**Total**|**Total**| |||**Funds**|**Funds**|**2021**|**2020**| |**7.**|**Governance**|**£**|**£**|**£**|**£**| ||Accountancy fees|1,740|−|1,740|1,710| ||Policy costs|240||240|| ||Board meeting costs||||232| |||£1.,980|£−|£1,980|£1,942| |**8.**|**Staff costs and trustees' remuneration**||||| ||||**2021**||**2020**| ||Wages and salaries||94,770||88,699| ||Social security costs||3,192||3,535| ||Employer pension contributions|•|4,362||3,960| ||||£102,324||£96,194| ## ## ## |**Fixed assets**|||| |---|---|---|---| ||**_Musical_**|**_Other_**|| ||**_Equipment_**|**_Equipment_**|**_Total_**| |**_Cost or valuation_**|||| |At 1 April 2020|107,592|17,332|124,924| |Additions|4,000|1,627|5,627| |At 31 March 2021|−£111,592|£18,959|£130,551| |**_Depreciation_**|||| |At 1 April 2020||17,332|17,332| |Charge for the year||407|407| |At 31 March 2021|£−|£17,739|£17,739| |**_Net Book Value_**|||| |At 31 March 2021|£111,592|£1,220|£112,812| |At 31 March 2020|£107,592|£−|£107,592| |**Debtors**|||| |||**2021**|**2020**| |Other debtors||9,624|9,092| |Tutorials, rents and administration||10,476|11,815| |Prepayments||2,651|3,144| |||£22,751|£24,051| ## ## ## |**Creditors:** _amounts falling due within one year_||| |---|---|---| ||**2021**|**2020**| |Trade creditors||**17,484**| |Taxation and social security||3,378| |Accruals and deferred income|35,100|39,105| ||£35,100|£59,967| ## ## ||**2021**|**2020**| |---|---|---| |During the year the charity received the following income:||| |The Friends o f Canolfan Gerdd William Mathias −Donation|2,500|5,000| |Denbighshire Leisure Limited
Cyngor Gwynedd −strategic|3,500
7,500|2,450 ,
7,000| |Cyngor Gwynedd −specific projects|4,015|8,832| |Ty Cerdd (Piano Festival)|500|1,500| ## ## |||||| |---|---|---|---|---| |**Statement o f Funds**|||**Net Current**|| |||**Tangible Fixed**|**Assets/**|**Total**| |||**Assets**|**(Liabilities)**|**Funds**| |Unrestricted Funds||112,812|108,135|220,947| |Restricted Funds:||||| |IMO Ben Muskett|||4,952|4,952| |Canfod y Gan Project|||1,508|1,508| |CCC Covid Grant,|'||15,043|15,043| |At 31 March 2021||£112,812|£129,638|£242,450| ## ||**1 April**||||**31 **|**March**| |---|---|---|---|---|---|---| ||**2020**|**income**|**Expenditure**|**Transfer**||**2021**| |**Unrestricted Funds**||||||| |General Reserve|113,889|3'47,337|(276,512)|(5,000)||159,714| |Designated Fund|40,000|||5,000||45,000| |Revaluation reserve|16,233|||−||16,233| ||£170,122|£377,337|(£276,512)|£−£220,947||| |**Restricted Funds**||||||| |IMO Ben Muskett|4,832|120||||4,952| |Harps for Patagonia|382|.|(382)|||| |Canfod y Gan|9,585|33,341|(41,418)|−||1,508| |CCC Covid Grant||18,090|(3,047)|−||15,043| ||£14,799|,!:51,551|(£44,847)|£−||£21,503|