2022-03-31-accounts - Canolfan Gerdd William Mathias Cyf

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Contents	Page
		p:	• .	.
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	• − Ai at
		Unrestricted	Restricted	31 March	31 March
	Notes	•Funds	Funds	2022	2021
Income
Grants and donations	3	167,125	49,633	216,758	231,924
Charitable activities	4	183,271		183,271	146,922
Investments		16		16	42
*Total*		350,412	49,633	400,045	378,888
Expenditure on:
Charitable activities	5	345,187	54,401	399,588	321,359
*Total*		345,187	54,401	399,588	321,359
Net income / (expenditure)		5,225	(4,768)	457	57,529
Funds at 1 April 2021		220,947	21,503	242,450	184,921
Transfers		3,928	(3,928)
Funds at 31 March 2022		£230,100	£12,807	£242,907	£242,450

*Balance Sheet*as at 31 March 2	022
			2022		2021
	Notes
Fixed Assets
Tangible fixed assets	9		121,151		112,812
Current Assets
Debtors	10	37,162		22,751
Cash at bank and in hand		125,542		141,987
		162,704		164,738
Creditors: amounts falling due
Within one year	11	40,948		35,100
Net current assets			121,756		129,638
Net assets			£242,907		£242,450
Funds
General unrestricted fund	15		163,867		159,714
Designated fund	15		50,000		45,000
Restricted fund	15		12,807		21,503
Revaluation reserve			16,233		16,233
			£242,907		£242,450
			—===

	Unrestricted	Unrestricted	Restricted	Total	Total
		Funds	Funds	2022	2021
3.	Grants and Donations	£	£	£	£
	Grants and donations	67,211	47,623	114,834	56,274
	Arts Council o f Wales	81,134	−	81,134	81,134
	COVID Support:
	Arts Council o f Wales	17,635	2,010	19,645	45,239
	Welsh Government Support
	through Gwynedd Council				46,000
	Job Retention Scheme	1,145		1,145	3,277
		£167,125	£49,633	£216,758	£231,924
	Unrestricted		Restricted	Total	Total
		Funds	Funds	2022	2021
4.	Income from Charitable activities	£	£	£	£
	Income from tutorials −Galeri	100,922		100,922	84,592
	Income from tutorials −Denbighshire	27,937		27,937	20,414
	Rent and admin income −Galeri	31,467		31,467	27,196
	Rental and admin income −Denbighshire .3,385			7,385	5,499
	Special events	15,002		15,002	8,660
	Hire, rents and other income	558		558	561
		£183,271	£−	£183,271	£146,922
	Unrestricted		Restricted	Total	Total
		Funds	Funds	2022	2021
5.	Cost of Charitable activities
	Tutor fees −Galeri	100,922		100,922	84,592
	Tutor fees −Denbighshire	27,937		27,937	20,414
	Taster sessions	54		54	96
	Rental costs −Denbighshire	5,643		5,643	1,197
	Special events and other costs	62,010	300	62,310	44,063
	Canfod y Gan direct costs		18,574	18,574	15,999
	Support costs (Note 6)	146,009	35,527	181,536	153,018
	Governance costs (Note 7)	2,612	−	2,612	1,980
		£345,187	£54,401	£399,588	£321,359
					−==

Not	es to the financial statementsfor the year ended 31 M	es to the financial statementsfor the year ended 31 M	arch 2022 (Co	ntinued)
	Charitable		Restricted	Total	Total
		Activities	Funds	2022	2021
6.	Support Costs		• £
	Wages	89,224	24,649	113,873	97,962
	Employer pension contributions	3,649	1,276	4,925	. 4,362
	Travelling expenses	383	503	886	263
	Advertising and marketing	2,425	−	2,425	3,403
	Telephone, post, printing and stationery	1,472		1,472	1,268
	Photocopier lease	2,991		2,991	2,758
	Computing costs	1,564	935	2,499	1,779
	Bank charges	1,057		1,057	783
	Insurance	3,380	−	3,380	3,250
	Rent and rates	31,024	2,000	33,024	21,812
	Sundry	2,648	231	2,879	1,470
	Instruments	919	245	1,164	6,549
	Direct Covid costs		−	−	4,236
	Paritor administrative system		5,688	5,688
	DBS Checks	532		532	93
	Piano tuning and repairs	1,327		1,327	1,699
	Training and courses	2,025		2,025	924
	Depreciation	1,389		1,389	407
		£146,009	£35,527	£181,536	£153,018
		=====
		•
	Unrestricted		Restricted	Total	Total
		Funds	Funds	2022	2021
7.	Governance
	Accountancy fees	2,064		2,064	1,740
	Policy costs	300		300	240
	Board meeting costs	248		248	−
		£2?512	£−	£2,612	£1,980
8.	Staff costs and trustees' remuneration
			2022		2021
	Wages and salaries		109,623		94,770
	Social security costs		4,250		3,192
	Employer pension contributions		4,925		4,362
			£118,798		£102,324

9.	Fixed assets
		*Musical*	*Other*
		*Equipment*	*Equipment*	*Total*
	*Cost or valuation*
	At 1 April 2021	111,592	18,959	130,551
	Additions	5,800	3,928	9,728
	At 31 March 2022	£117,392	£22,887	£140,279
	*Depreciation*
	At 1 April 2021		17,739	17,739
	Charge for the year		1,389	1,389
	At 31 March 2022	£−	£19,128	£19,128
	*Net Book Value*
	At 31 March 2022	£117,392	£3,759	£121,151
	At 31 March 2021	£111,592	£1,220	£112,812
		===
10.	Debtors
			2022	2021
	Other debtors		7,187	9,624
	Tutorials, rents and administration		26,810	10,476
	Prepayments		3,165	2,651
			£37,162	£22,751

Creditors: amounts falling due within one year
	2022	2021
Trade creditors	21,129
Taxation and social security	2,224
Accruals and deferred income	17,587	35,100
	£40,940	£35,100

	2022	2021
During the year the charity received the following income:
The Friends of Canolfan Gerdd William Mathias −Donation	5,000	2,500
Denbighshire Leisure Limited	3,500	3,500
Cyngor Gwynedd −strategic	7,500	7,500
Cyngor Gwynedd −specific projects	4,188	4,015
Ty Cerdd (Piano Festival)		500
Cyngor Gwynedd (Gaeaf Llawn Lies)	2,369
Arnold Clark	1,000
Funding towards the Piano Festival held during the year:		Total (£)
Foyle Foundation		16,000
Colwinston		5,000
ACW Lottery		5,000
A&B Culture Step		1,500