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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||||
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|||**•**||**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|
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|**_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|
||||—===|||
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||**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|
||||||−==|
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|**Not**|**es to the financial statements**_for the year ended 31 M_|**es to the financial statements**_for 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|
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|**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|
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|**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|
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||**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|
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|**Statement of Funds**||**Net Current**||
|---|---|---|---|
||**Tangible Fixed**|**Assets/**|**Total**|
||**Assets**|**(Liabilities)**|**Funds**|
|Unrestricted Funds|121,151|108,949|230,100|
|Restricted Funds:||||
|IMO Ben Muskett||4,772|4,772|
|Canfod y G'an Project||797|797|
|CCC Covid Grant||6,271|6,271|
|IMO Charli Britton||967|967|
|At 31 March 2022|£121,151|£121,756|£242,907|
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|||**1 April**||||**31 March**|
|---|---|---|---|---|---|---|
|||**2021**|**Income**|**Expenditure**|**Transfer**|**2022**|
|**• **|**Unrestricted Funds**||||||
||General Reserve|159,714|350,412|(345,187)|(1,072)|163,867|
||Designated Fund|45,000|−||5,000|50,000|
||Revaluation reserve|• 16,233||||16,233|
|||£220,947|£350,412|(£345,187)|£3,928|£230,100|
||**Restricted Funds**||||||
||**IMO**Ben Muskett|4,952|120|(300)||4,772|
||Canfod y Gan|1,508|46,291|(47,002)||797|
||CCC Covid Grant|15,043|2,010|(6,854)|(3,928)|6,271|
||IMO Charli Britton|−|1,212|(245)||967|
|||£21,503|£49,633|(£54,401)|(£3,928)|_:£‘12,807|