## **Charity Commission Annual Return 2022**
THE BRECKNOCK ART TRUST Charity registration number: 1086339 PART A - Charity information Financial period Financial period start date 01/01/2021 Financial period end date 31/12/2022 Income and spending
**Income £** £629,477
**Spending £** 14,730
## **Report on the Trusts Activities**
The aim of the charity remains to promote the appreciation and display of works of art in the Brecknock Area. To purchase works of art related to the culture, society and environment of Brecknock and its surrounding areas.
During this year grants have included a major grant of £6280 to Powys County Council towards the rebuilding of the Brecknock Museum and Art Gallery, known now as y Gaer which is both a Museum and Art Gallery and Library and college space.
The support for purchases works of art for y Gaer have included grants for the purchase of a work produced during lock down by Sue Hiley Harris from the Table Gallery in Hay (£1700) and for a wooden sculpture by Philippine Sowerby from the Tower gallery (£800) .
Other support for artistic enterprises in our area included £1000 for the Swansea Print Workshop which services many Brecon artists, £1000 for the Brecon Festival Ballet and the creation of a theatre backdrop, £3000 to the National Museum to support the purchase at auction of two historically important works of the 19[th] century recording the Iron Works in the Rhymney Valley at night, now with Cyfarthfa Castle Museum, £500 towards the commissioning of a portrait for Brecon Boys
School, £6000 towards the creation of an impotent biography of the artist Ray Howard jones, and £1000 towards the continued photographing of key artists by Bernard Mitchell for the Welsh Group.
A major source of funds for the Trust was realised by the sale of a picture by William Scott donated to the Trust which raised well more than its reserve of £200,000 by selling for £600,000 at auction. The Trust is grateful for the auctioneers , Christies, for waiving the normal commission on this sale.
Expenses were the Independent Examiner’s fee of £450.
William Gibbs October 31[st] 2023
Charity number 1086339
## Brecknock Art Trust
Report and Unaudited Accounts
31 December 2022
## **Brecknock Art Trust Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Trustees' report|2|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
## **Brecknock Art Trust Charity Information**
## **Trustee**
Robert MacDonald Ruth Gibbs Dr John Edward Gibbs Dr Jane Elizabeth Siberry Mr Kenneth Jones William Malcolm Gibbs Nicola Maughan (appointed 7th December 2022)
## **Independent examiner**
Catherine A Williams Ltd Chartered Accountants The Old Bank Beaufort Street Crickhowell Powys NP8 1AD
## **Bankers**
Lloyds Bank plc 38 High Street Brecon LD3 7AR
## **Registered charity address**
The Barn Cyffredyn Lane Llangynidr Crickhowell Powys NP8 1LR
**Registered charity number** 1086339
1
**Brecknock Art Trust Charity number: 1086339 Trustees' Report**
The trustees present their report and accounts for the year ended 31 December 2022.
## **Structure, governance and management**
The trust is a registered charity, number 1086339 and is constituted under a trust deed dated 22nd March 2001, as amended on 7th June 2010 and 7th September 2010.
## **Financial Review**
The trust is entirely self-funding, its main source of income this year has been from a donation from the Charity Aid Foundation.
Funds are not specifically set aside or designated for future expenditure. Funds held are for the day to day running of the charity.
The charity holds cash reserves in the deposit and current accounts with Lloyds Bank.
## **Objectives and activities**
The charity's objectives are to advance the education of the public by the creation, appreciation and display of works of art in Brecknockshire and the surrounding areas.
## **Achievements during the year and future plans**
The Brecknock Art Trust continued its support of the newly developed Brecon Museum, now known as Y Gaer, which contains the collection of Art donated by the Brecknock Art Trust over the last 20 years. This has been through the purchase of works of art and through helping to improve the environment of the Sir John Lloyd gallery which will hold major exhibitions in the future.
The Trust also supported the creation of art cards for the Museum shop and the publication of a book with the Crickhowell Archive Centre which focussed on the historical record in words and pictures of visitors to the town. The Trust also supported the work of the charity, Mind, in our community helping with mental health through the medium of art therapy.
## **Accounting and reporting responsibilities**
The charity's trustees are responsible for preparing an annual report and financial statements in accordance with the applicable law and UK GAAP (Generally Accepted Accounting Practice). The annual report and financial statements have been prepared in accordance with the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). The Charities Act 2011 requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity for that period. In preparing the financial statements, the trustees are required to;
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities Statement of Recommended Practice (SORP)
- Make judgements and estimates that are reasonable and prudent
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue as a going concern
2
**Brecknock Art Trust Charity number: 1086339 Trustees' Report**
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of Trustees on . . / . . /2023 and signed on its behalf.
William Gibbs Trustee
3
## **Brecknock Art Trust Independent Examiner's Report**
## **Independent examiner's report to the board of trustees on the preparation of the unaudited accounts of Brecknock Art Trust for the year ended 31 December 2022**
We report on the accounts of the trust for the year ended 31 December 2022, which are set out on pages 1 to 7.
## **Respective responsibilities of trustees and examiner**
The Charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is our responsibility to;
- examine the accounts under section 145 of the 2011 Act; - to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act ;and
- to state whether particular matters have come to our attention
## **Basis of the independent examiner's report**
Our examination was carried out in accordance with the General directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required of an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In the course of our examination, no matter has come to our attention;
(A) which gives us reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that;
* proper accounting records are kept in accordance with section 130 of the 2011 Act; and
* accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act; or
(B) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Catherine A Williams Ltd Chartered Accountants The Old Bank Beaufort Street Crickhowell Powys NP8 1AD
. . / . . /2023
4
## **Brecknock Art Trust**
## **Statement of Financial Activities for the year ended 31 December 2022**
|Notes
**Incoming resources**
2
Donations and legacies
Charitable activities
Investments
**Total incoming resources**
**Resources expended**
3
Charitable activities
Legal and professional costs
**Total resources expended**
**Net incoming resources/(net resources expended)**
**Total funds brought forward**
**Total funds carried forward**|**Total**
**Unrestricted**
**Funds**
**2022**
**£**
628,064
1,391
22
629,477
(14,280)
(450)
(14,730)
614,747
16,336
631,083|**Total**
**Total**
**Unrestricted**
**Unrestricted**
**Funds**
**Funds**
**2021**
**2020**
**£**
**£**
1,500
25,000
205
668
-
2
1,705
25,670
(73,000)
(17,242)
-
(420)
(73,000)
(17,662)
(71,295)
8,008
87,631
79,623
16,336
87,631|**Total**
**Total**
**Unrestricted**
**Unrestricted**
**Funds**
**Funds**
**2021**
**2020**
**£**
**£**
1,500
25,000
205
668
-
2
1,705
25,670
(73,000)
(17,242)
-
(420)
(73,000)
(17,662)
(71,295)
8,008
87,631
79,623
16,336
87,631|
|---|---|---|---|
||||25,670|
||||(17,242)
(420)|
||||(17,662)|
|||||
||||8,008|
||||79,623|
||||87,631|
5
|**Brecknock Art Trust**
**Registered number:**
**Balance Sheet**
**as at 31 December 2022**
**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
6
**Net current assets**
**Net assets**
**Capital and reserves**
Unrestricted funds
**Total funds**|1086339
**2022**
**£**
631,533
(450)
631,083
631,083
631,083
631,083|16,336
-|**2021**
**£**
16,336|
|---|---|---|---|
|||||
||||16,336|
||||16,336|
||||16,336|
Approved by the board of trustees on . . / . . /2023 and signed on their behalf by:
William Gibbs Trustee
6
## **Brecknock Art Trust Notes to the Accounts for the year ended 31 December 2022**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared on an accruals basis under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## _**Incoming resources**_
All incoming resources are recognised once the charity has an entitlement to the resources, it is certain that the resources will be received and the monetary value of the incoming resources can be measured with sufficient reliability.
## _**Resources expended**_
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for an on accruals basis and has been classified under the headings that aggregate all costs relating to that category.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Independent examiner's fees**_
The independent examiner's fees for the year ending 31st January 2022 were £450
## _**Trustees and key management personnel remuneration**_
The trustees received no renumeration during the year (2021: £nil). Other than trustees, the charity did not have any key management personnel during the year ending 31st December 2022.
|**2**
**Incoming resources**
Donations and Legacies
Sale of Donated Picture
Sales of books
Interest receivable|**2022**
**£**
29,000
599,064
1,391
22
629,477|**2021**
**£**
1,500
-
205
-|
|---|---|---|
|||1,705|
7
## **Brecknock Art Trust Notes to the Accounts**
**for the year ended 31 December 2022**
|**3**
**Resources expended**
Grants
Independent examiner's fees
**4**
**Grants**
Grants - Ray Howard Jones Book
Grants - Brecon Festival Ballet Limited
Grants - Swansea Print Workshop
Grants - Table Gallery V J Harris
Grants -Tower Gallery Book
Grants - NMW
Grants - Welsh Group BM
Grants - Brecon Boys GS
Grants - Y Gaer
**5**
**General unrestricted fund**
General unrestriced funds at 31 December 2021
Net incoming (outgoing) resources
General unrestriced funds at 31 December 2022
**6**
**Creditors**
Accruals|**2022**
**£**
14,280
450
14,730
**2022**
**£**
6,000
1,000
1,000
-
-
-
-
-
6,280
14,280
**2022**
**£**
16,336
614,747
631,083
**2022**
**£**
450|**2021**
**£**
73,000
-|
|---|---|---|
|||73,000|
|||**2021**
**£**
-
-
-
1,700
800
3,000
1,000
500
66,000|
|||73,000|
|||**2021**
**£**
87,631
(71,295)|
|||16,336|
|||**2021**
**£**
-|
## **7 Related party transactions**
During the Year Mr William Gibbs - a trustee provided as a gift the picture which was sold for net proceeds £599,064 during the year ending 31st December 2022.
8
## **Brecknock Art Trust**
## **Detailed statement of financial activities for the year ended 31 December 2022**
_for the information of the trustees only_
|**Incoming resources**
Donations and legacies
Donations
Sale of Donated Picture
Charitable activities
Sales of books
Investments
Interest receivable
**Resources expended**
Charitable activities
Grants - Brecon Festival Ballet Limited
Grants - Swansea Print Workshop
Grants - Ray Howard Jones Book
Grants - Table Gallery V J Harris
Grants -Tower Gallery Book
Grants - Y Gaer
Grants - Brecon Boys GS
Grants - Welsh Group BM
Grants - NMW
Legal and professional costs:
Independent examiner's fees|**2022**
**£**
29,000
599,064
628,064
1,391
1,391
22
22
1,000
1,000
6,000
-
-
6,280
-
-
-
14,280
450
450
14,730|**2021**
**£**
1,500
-|
|---|---|---|
|||1,500|
|||205|
|||205|
|||-|
|||-|
|||-
-
-
1,700
800
66,000
500
1,000
3,000|
|||73,000|
|||-|
|||-|
||||
|||73,000|
9
Charity number 1086339
## Brecknock Art Trust
Report and Unaudited Accounts
31 December 2022
## **Brecknock Art Trust Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Trustees' report|2|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
## **Brecknock Art Trust Charity Information**
## **Trustee**
Robert MacDonald Ruth Gibbs Dr John Edward Gibbs Dr Jane Elizabeth Siberry Mr Kenneth Jones William Malcolm Gibbs Nicola Maughan (appointed 7th December 2022)
## **Independent examiner**
Catherine A Williams Ltd Chartered Accountants The Old Bank Beaufort Street Crickhowell Powys NP8 1AD
## **Bankers**
Lloyds Bank plc 38 High Street Brecon LD3 7AR
## **Registered charity address**
The Barn Cyffredyn Lane Llangynidr Crickhowell Powys NP8 1LR
**Registered charity number** 1086339
1
**Brecknock Art Trust Charity number: 1086339 Trustees' Report**
The trustees present their report and accounts for the year ended 31 December 2022.
## **Structure, governance and management**
The trust is a registered charity, number 1086339 and is constituted under a trust deed dated 22nd March 2001, as amended on 7th June 2010 and 7th September 2010.
## **Financial Review**
The trust is entirely self-funding, its main source of income this year has been from a donation from the Charity Aid Foundation.
Funds are not specifically set aside or designated for future expenditure. Funds held are for the day to day running of the charity.
The charity holds cash reserves in the deposit and current accounts with Lloyds Bank.
## **Objectives and activities**
The charity's objectives are to advance the education of the public by the creation, appreciation and display of works of art in Brecknockshire and the surrounding areas.
## **Achievements during the year and future plans**
The Brecknock Art Trust continued its support of the newly developed Brecon Museum, now known as Y Gaer, which contains the collection of Art donated by the Brecknock Art Trust over the last 20 years. This has been through the purchase of works of art and through helping to improve the environment of the Sir John Lloyd gallery which will hold major exhibitions in the future.
The Trust also supported the creation of art cards for the Museum shop and the publication of a book with the Crickhowell Archive Centre which focussed on the historical record in words and pictures of visitors to the town. The Trust also supported the work of the charity, Mind, in our community helping with mental health through the medium of art therapy.
## **Accounting and reporting responsibilities**
The charity's trustees are responsible for preparing an annual report and financial statements in accordance with the applicable law and UK GAAP (Generally Accepted Accounting Practice). The annual report and financial statements have been prepared in accordance with the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). The Charities Act 2011 requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity for that period. In preparing the financial statements, the trustees are required to;
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities Statement of Recommended Practice (SORP)
- Make judgements and estimates that are reasonable and prudent
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue as a going concern
2
**Brecknock Art Trust Charity number: 1086339 Trustees' Report**
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of Trustees on . . / . . /2023 and signed on its behalf.
William Gibbs Trustee
3
## **Brecknock Art Trust Independent Examiner's Report**
## **Independent examiner's report to the board of trustees on the preparation of the unaudited accounts of Brecknock Art Trust for the year ended 31 December 2022**
We report on the accounts of the trust for the year ended 31 December 2022, which are set out on pages 1 to 7.
## **Respective responsibilities of trustees and examiner**
The Charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is our responsibility to;
- examine the accounts under section 145 of the 2011 Act; - to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act ;and
- to state whether particular matters have come to our attention
## **Basis of the independent examiner's report**
Our examination was carried out in accordance with the General directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required of an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In the course of our examination, no matter has come to our attention;
(A) which gives us reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that;
* proper accounting records are kept in accordance with section 130 of the 2011 Act; and
* accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act; or
(B) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Catherine A Williams Ltd Chartered Accountants The Old Bank Beaufort Street Crickhowell Powys NP8 1AD
. . / . . /2023
4
## **Brecknock Art Trust**
## **Statement of Financial Activities for the year ended 31 December 2022**
|Notes
**Incoming resources**
2
Donations and legacies
Charitable activities
Investments
**Total incoming resources**
**Resources expended**
3
Charitable activities
Legal and professional costs
**Total resources expended**
**Net incoming resources/(net resources expended)**
**Total funds brought forward**
**Total funds carried forward**|**Total**
**Unrestricted**
**Funds**
**2022**
**£**
628,064
1,391
22
629,477
(14,280)
(450)
(14,730)
614,747
16,336
631,083|**Total**
**Total**
**Unrestricted**
**Unrestricted**
**Funds**
**Funds**
**2021**
**2020**
**£**
**£**
1,500
25,000
205
668
-
2
1,705
25,670
(73,000)
(17,242)
-
(420)
(73,000)
(17,662)
(71,295)
8,008
87,631
79,623
16,336
87,631|**Total**
**Total**
**Unrestricted**
**Unrestricted**
**Funds**
**Funds**
**2021**
**2020**
**£**
**£**
1,500
25,000
205
668
-
2
1,705
25,670
(73,000)
(17,242)
-
(420)
(73,000)
(17,662)
(71,295)
8,008
87,631
79,623
16,336
87,631|
|---|---|---|---|
||||25,670|
||||(17,242)
(420)|
||||(17,662)|
|||||
||||8,008|
||||79,623|
||||87,631|
5
|**Brecknock Art Trust**
**Registered number:**
**Balance Sheet**
**as at 31 December 2022**
**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
6
**Net current assets**
**Net assets**
**Capital and reserves**
Unrestricted funds
**Total funds**|1086339
**2022**
**£**
631,533
(450)
631,083
631,083
631,083
631,083|16,336
-|**2021**
**£**
16,336|
|---|---|---|---|
|||||
||||16,336|
||||16,336|
||||16,336|
Approved by the board of trustees on . . / . . /2023 and signed on their behalf by:
William Gibbs Trustee
6
## **Brecknock Art Trust Notes to the Accounts for the year ended 31 December 2022**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared on an accruals basis under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## _**Incoming resources**_
All incoming resources are recognised once the charity has an entitlement to the resources, it is certain that the resources will be received and the monetary value of the incoming resources can be measured with sufficient reliability.
## _**Resources expended**_
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for an on accruals basis and has been classified under the headings that aggregate all costs relating to that category.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Independent examiner's fees**_
The independent examiner's fees for the year ending 31st January 2022 were £450
## _**Trustees and key management personnel remuneration**_
The trustees received no renumeration during the year (2021: £nil). Other than trustees, the charity did not have any key management personnel during the year ending 31st December 2022.
|**2**
**Incoming resources**
Donations and Legacies
Sale of Donated Picture
Sales of books
Interest receivable|**2022**
**£**
29,000
599,064
1,391
22
629,477|**2021**
**£**
1,500
-
205
-|
|---|---|---|
|||1,705|
7
## **Brecknock Art Trust Notes to the Accounts**
**for the year ended 31 December 2022**
|**3**
**Resources expended**
Grants
Independent examiner's fees
**4**
**Grants**
Grants - Ray Howard Jones Book
Grants - Brecon Festival Ballet Limited
Grants - Swansea Print Workshop
Grants - Table Gallery V J Harris
Grants -Tower Gallery Book
Grants - NMW
Grants - Welsh Group BM
Grants - Brecon Boys GS
Grants - Y Gaer
**5**
**General unrestricted fund**
General unrestriced funds at 31 December 2021
Net incoming (outgoing) resources
General unrestriced funds at 31 December 2022
**6**
**Creditors**
Accruals|**2022**
**£**
14,280
450
14,730
**2022**
**£**
6,000
1,000
1,000
-
-
-
-
-
6,280
14,280
**2022**
**£**
16,336
614,747
631,083
**2022**
**£**
450|**2021**
**£**
73,000
-|
|---|---|---|
|||73,000|
|||**2021**
**£**
-
-
-
1,700
800
3,000
1,000
500
66,000|
|||73,000|
|||**2021**
**£**
87,631
(71,295)|
|||16,336|
|||**2021**
**£**
-|
## **7 Related party transactions**
During the Year Mr William Gibbs - a trustee provided as a gift the picture which was sold for net proceeds £599,064 during the year ending 31st December 2022.
8
## **Brecknock Art Trust**
## **Detailed statement of financial activities for the year ended 31 December 2022**
_for the information of the trustees only_
|**Incoming resources**
Donations and legacies
Donations
Sale of Donated Picture
Charitable activities
Sales of books
Investments
Interest receivable
**Resources expended**
Charitable activities
Grants - Brecon Festival Ballet Limited
Grants - Swansea Print Workshop
Grants - Ray Howard Jones Book
Grants - Table Gallery V J Harris
Grants -Tower Gallery Book
Grants - Y Gaer
Grants - Brecon Boys GS
Grants - Welsh Group BM
Grants - NMW
Legal and professional costs:
Independent examiner's fees|**2022**
**£**
29,000
599,064
628,064
1,391
1,391
22
22
1,000
1,000
6,000
-
-
6,280
-
-
-
14,280
450
450
14,730|**2021**
**£**
1,500
-|
|---|---|---|
|||1,500|
|||205|
|||205|
|||-|
|||-|
|||-
-
-
1,700
800
66,000
500
1,000
3,000|
|||73,000|
|||-|
|||-|
||||
|||73,000|
9