REGISTERED COMPANY NUMBER: (1415(J772 ffDgland and Wales) REGisfERED CHARrrY NUMBER: 1088711 REPORT OF THE TRusfEES AND FOR THE YEAR ENDED31 MARCH 2021 FOR L M Gr1￿1th5 & Co Limi*d amrtered Cenified Accounwi l&? MeTlios Coutl WRn¢h Lane Haverfordwrsl PeTDbrokeshire SA61 ISB SPAN AR]5 LID. coKrENfs OFTHE FINANCLIL STATEMENIS for thE Year £￿Ied 31 March 2021 Report ofthe Trnstees l io IJ 12 ststemeDt Adivities 13 StstemeDt ofFllwmi 14 ￿ 15 Notrs to the FlnaDaal Sthtemeuts 16 to ?1 22 kn 23 SPAN AIU5 LTD. REPORT OFTHE TRusfELS ror the Year Ended 31 Marrh 2021 The tTU5tees who are also dir￿10[5 of the charil) for PUTtK)5es of the Companies Act 21KNfj. Pr￿n[ iheir rwrt with the financial siatements of the chariiy for the year ended 31 Mar¢h th? 21. The trustees bave adoNed Ihe provisions of Accouniing and RetK)rting by Cljariiies.. Statement of Rea)n￿Thded Pradicr applicable ￿ charities ￿￿rIng Ihttit accounis in acc*>rdance with FJnatKial Rew)rtin8 Standard applicabk in the UK aThJ Repub]ic of ITelatLd (FRS 102) {effective l January 2019). Objeftives and aims for publlc beDEfit Span Arts, new Nision io create Art as Chattgt iti Rurnl Wak5 1 Cdf fe] Newid Cymdeithasol yng Nghym Wledig ￿a5 launched in April 2019. Span Arts, vision.. Enewse a healthier and happierxKiety in PembTDkeshir Bring Ll)mmunilies togethcr10 enjoy collective shared creative eXFrien￿$ Reduce barriers to allendan￿ in Ihe arts and intk)vaiion for rural audict SPAN is a ￿Thr2￿¢ COJnEnunity arts organis￿￿ with a 30-year himory of making a signifjont (x)ntribution io the arts in PembrokeshiTe. SPAN delivers wmmwiity ans rn the LY>Unty to on the ￿#t￿M￿1ve p)wer of the arts ty create ￿ClaI change in West Wales. We work with volllnteers, artisis ￿r[Om￿rS and pr(yJuLYrs to Cteate PTojeclS and e￿nell(l5 thai enrich the liyes of EKople liN'ing rura] areas, injprove health and wellteing, redLKe bne]i1X￿ and I￿>latiO[￿. (x)mb& barriers to accessing service& tacue the impaci of secoThd horne ownership and conthl)uie di￿1 illdusitin agenda in Wales. We are alllbitious for the arts ill Pembrokeshire ￿ insplte & (y)nnert rural ￿p]¢ pla￿5 and collllDuniues creauvely and seek to Challenge ￿[c£pl10￿5 01 couulluniiie5 a￿ opabEe of and Wh￿ ￿5) aLhieve when they work together. All activilit5 are develo[￿d in liE￿ With the key principles of Welsh C￿n￿nI1 wel￿1[18 of Future Generaiions Ad IWale512015. Our main services are the delivery of.. . A diverse and ￿(￿Ssible PTogramn* of LIVE arts evcTtts and workshots held at variety of venues and setlitkgs acros5 Pembroke5hire. . A vibTanl and diYeTse pT0grdmll￿ of higbquality Lx>mmuniry w(Kikwion projeLX5 that b￿L. [￿W gtound in the f*ld of ans and Well￿]ng. arts and xKial Change. . Awell￿11S1￿d volynieering in the ans progr SPAN AR75 L]I). for the Year FJMJed 31 Marth 2021 OBJEcfivES AND AcrtvrriES AchievEriitnts a￿d ptrfornthutr 2020121 has an exLfdordinary ytar for SPAN in relation ￿ the Ct)vtD.19 F4ndemic and aSS(￿iated Goveitltnent restriaions for the arts and on gatheritkg5 of ￿pIc. We are very proud to have made an im￿nan1 a)niribuuon 10 Teswn* io ihe COVID uisas in Pcmbroktshire throughout thi5 ￿Ti[￿l by PTovidÈnu a crtliiye comTnunil)" a)nneaed indiTridua15 with ueative aciivities and eoniributed to PembTokeshire¥ CaJnrAign for Kll￿ne5& SPAN is confident. fro￿ feedbrt evaluation alld ￿UdieS thai we have llwje a Si￿lficant £ontnlx]tion to reducing isolation and loneliness in Pe]nbTokeshire through arts ¢ngagcm¢nt during the Coronavirus pandemic. We have iten nsistrntly told by participants, artis￿ audicnces and parther4 we have i￿£Th able io provide fun, regulat. engagin& thnughtful, meatlingful atMI interesting wa)s 10 wilh othets thFougknut this difficult year. We are pmud to have been able to LX)JJned wle through cr￿1Ve xtivilies and ￿ have able to contribu(e ￿ the crisis in ihe way we know Iw ihrough art and workitigwitty wpp)rtingand paying proles5ionai artists alld musician5. We have corktributed to digital i￿]USiOTI and arts and welllKing agendas in PettLbroke5hire and have run projects th have Tlloiivated ￿0p]e iogei on]ine and sur1￿lled digithl skills ¢knh)pment aTwJ iMENt￿nts in welllring. SPAN'S bui flexible team quickly io Covid 19 partthmic, renegotiaiing tunding 5tTeams and Iransf()m)ing aur Working p￿l¢eS LO work exclusively onlire offering a tff08TaMT￿ of onlirt wothop5 atMI live 5tTearncd events. Key achievements: - Presented an exclusively online and diveTse PrO￿a￿e of arts events and activities engaging with aver lfj,tNX) teople. By engaging with. we mean wple w￿) either WX)k pan in online workshops. rehear￿% productions and anline aciivities, volunieers wle who trfx)ked io w￿ch live styeankd conieni or views on our digital oUtI￿t and channels. These numbers are SI￿￿rieanl1Y highei than p￿￿70￿5 years1￿USe they were digi(al audienLY . We re2ched wple from right actoss Pembroknhire and Iw'ond due lo the electronic nat￿re of our PTogrdmme, with evidetlce of ￿0p1¢ tsking part Irom Lonth)n, North Wales and as tar as San Frnicisco. - SPAN delivered a diverse and high-qualii) oDJine prograrn￿ of SPAN Proje(ttS as Ollt]ined in the programrtk section below. - Deliyered l?th online communily art5 WOTk51w 5e55iOn5 led b) professional artists atld musicians ranging fmm rttiry, singing. choir5, PUP5Klry. we15h singing. black hi￿Ory wo]*sh)ps. ]iYe St￿ll1]ng atld skills shares b) Ihe Yolunteer5 theJn5elves. . Provided a rich and varied pft)gran￿ of online live streamed events and *iviiies induding live streall￿d rformanct4 gÉgs and online children￿ tkatre ex￿Timents. - Established atml C￿rdinated a Arts and Health PernbrokeshiTE Network lo build on the growing EKxiy of eVIde￿e Ihais shows thai ihe afts can play a wta] role in tyansforniingixm)muniii&s and impff)vingwellLxing. - Susiaitted our volunoering in ihc arts pr0grarnn￿. We rn2naged ￿ a)nuftuc to deliver our Create and Connecl Voluniccring PTogr3mrnc and ￿gniSed early in the I￿kd1￿ our Volunte¢rs weTQ a vulnerable group in and of theM￿]VeS, and wc had a duty of orc conncct them wilh Lic￿7ve oEy>nuniiies, fortnighily (x)ffee mornings and skills Sha￿$. Impact ofCOVID SPAN'S ciraJn]slatKf5 have I￿ell fundatllcntally atfcclcd b) COVID 19 and government ￿$trictiOns. O¥r live PTogFatnme and building has shui Sit>ce Mareh Ipth. We have lost £45.600 in tickei sales for 202001. Our turnover has decreased by In. We have also £12,IX)O in *ldiiion21 105ses such as loss of T¢Y)m bire, MeM￿lShip Tetlvciion. loss of fundraising aciivitie5 and evenl& We very ￿areful for crisis funding (from Welsh Governtnent, The Arts Council of Wales PAVS and m￿n￿alKe Fourtdatson as oudined Fkn) which have alloThEd us Lo survive. SPAN ARTS LI1). REpoirr OFTHE TRUSTEFS Ye4r FJ¥leA 31 Marth 2021 Siatfillg has also ￿dUCed. We ]M)w wothng with a 0123 FfE &aff as suNyykd ￿ a of 4.3 FfE staff MCMt￿F5 in normal times. This 4￿ntinUeS io on our ￿￿llY 10 ¢klKver pilol cx)vid &ife aaiviues. Neaily of our lurnoveT wenl on artist fres 2020121 which deD￿n5￿￿e$ SPAN¥ Ix>nJnJithknl Io sUPPTrrting artists and freelantrrs during Ihis dktfiotsli liti￿. Ongoing restsiciioi)s uri(Ynainly with regards ￿ le0￿￿]n& reduced Ca￿ltIeS d￿e to sKial distancing. lack of conf1den￿ in attending live events and a team will add ongoingchalleDges for J>21 and I￿5,0nd. OUR IMPAcr - Our n]i55LOll lo create Art5 a5 xKial cbxnge ID ru￿1 WalE5 w&s the10￿d ￿ res￿nd to ihe needs of rural communities, but crisis exa£Ethated ilK challenges faced by communities living ITh Pembrokeshite with increasing levels of i￿18￿0n and loneliThe&s. increakd runl Ix)verty and depTivalion, low digitsl 5ktlls atHI t*K)r transtK)rt nelwoik. - SPAN is cortfjdent, fr¢>m feedback. eyaluaiion, re￿ ar￿ ￿ studies that we have made a sigJifi¢ani colliributian to reduciDg isolation and loneli1￿$5 I￿ Pembrokeshitt through ans engagerneDL througF#)ul Coronavirus pandemic. We have bee(k consistently iold by participartis, artis4 audiencr5 and part￿15. Ihai we have been able ￿ provide lun, regular, engaging, Ihoughifvl. n]eaningful and inte resting wa}'s 10 47)nw wilh (khe￿ lh￿ugh0u( this most difficuli year. . EDeryised * healthier a￿d happier ￿ in Pembrolteshire - A(xubnling ￿ leedback and review, SPAN SUCLYeded in bringing people and communities toge1￿T 10 enjoy colleLtive shared creative e￿rIenceS. We klieve that the Programme ￿nInb￿led io an I￿￿Se in LM)mmunily cohesion with llK)Te fricEJdship5 ￿Ing made and 5UStained through ans eX￿rienCes. "W¢ didnl know each oiher Itfore Orto￿T IPJ) bul li¥ ]ike we￿e a family during ihis ume.. Artist C£ri Ashe 'l(K)% of panicipants of Theair Soffa ihai testx)nded 10 us said that iky felt an tncr&ise in iheir seD%e of well4TreÈng having iak.ett pan. . Seen rnduetiODS AD knnelinw IsolatM￿ irnpmFerneDts wthing and n￿nts1 health, reduction5 in impaa of second home ownership, ei¢ . Reduced Imrriers to attendaJKe ID the arts aThl Trnnovation for ruTrl twple: Reaclwj ovei 25.(XX) with the arts during this challenging year which is farhi gher tham any Yearp￿￿0U$Iy. Made an irnronani a)nIn￿l10Th to SUR￿ll]ng. and prnviding paid ￿p￿r￿DitieS to 8rtÉsty tllUsiciaDS and freelaDttfs during this incredibly difficuli yeai for frtela￿Crt It is more than the 8mix]ni we have on our key leadership lea￿ which demonswdies SPANS ￿n￿li￿￿en1 ￿ suMThing fteelancets and anisrs in an effort to supw)rt the ans in Pembrokeshite and de]iver on our obiedive - Contributed 10 digital iDdusi0o agend&% ID Pembrokeshift throu￿ ¢reauve Projeas that have motivated twle io gel online and hel￿d to develop dwtai skills. We worked Is a meEtLtKI ol DAgiiai Tas&fjoTlY for PembrokeshiFC to help Sha￿ digitsl services and er&ute actrss for new usets. We piovided site. suMx*llive and nunuring ￿0￿￿entS lo help artists to lest out new wdys of worknng and iLkas and erthunged Iisk takin& - Arts Health and WeIll￿1￿g -. We have worked hard to utilise the arts to illjprove wellbeins developing partnerships and projects 10 find way5 lo strengthen and sustain ans and health provision iti we￿ Wales aDd have es(ab]ished a new Art5 and Healih Nelwork foi Pe tnbrokeshire. - Vojunteernig enrich￿ the live5 of rkople with pr￿eded char￿￿riS￿ with meanittglul cX>D￿ullIlY engagemeni and volunteering otv)rtuniiies by provided 23 fortnighuy coffe¢ tllorning and sLill shares and meet for SPAN voluntee - helping io sustain the volunteer family) levels of welllKing and feelingsof logcihcrness. "The program put iogeiher by Span has helFal me by giving keep rlly life as tK)rmal as p)ssibk, a reason get out of bed gei dre￿d and have a shav¢l The s&ff involved in Ihe ptOgra￿ haye caring and In￿￿s￿d in my well being at each contacL I have found this a great (x)mfonlN St*n Volurtieer . Accessibility aDd I￿lUSion . SPAN h&s worked hard throughout the pndtmic to ensu￿ the wides( access to the arts as pos8ib]c by uti1￿]￿g a rjftgc of dtffer¢nt sirdiegies anij wotking with key 3rd seLtor Partne￿ such a5 PAVS. PCC, Mcnlcr laith, Dl￿￿111ty Arts Cyrnnj, Ans & Business C￿TrI. - SPAN- buiii a stronger 2Ttd resilieni artSOTganisauon- - Enabled SPAN 10 ￿)]dlY adopt ils new artistic Vi8ffiOTt 10 Crcalc ART AS S(UAL CHANGE in tutai Wales and evolve by rey)nding to ihe rapidly changing needs and demands of PeTnbrok¢shirc ￿0P1¢ during the rAnilemic. - Contribuied to securing SPANS fi]iure viability a[￿ 5UStainabiliry through styeftgthening ]MrtThetship . Helped to build a new website through aD it￿￿1ble Yolulltrer effoffj thai Tefleas and pmttK)tes (he work of the charily Page 3 SPAN Airfs LTD. REPORT OF THETRUSTEES rorthe Year Ended 31 Marth 2021 OWECTIVES AcnvmES EveDts aDd charitsbk 2Ctivities for the public betstfft Arts as SoLTal Chang SPAN'S ACW fundcd anisttc for 201)r21 in order to deliver SPAN￿ artistic vision for itllproying jives in Pembrokeshire ihTough engdgeTneni with the arts. Key activities included-. - Online workshops wilh KeTry Steed. Kate Keckwick. Guy Mannin& Ni& l£wi% Di Ford, Mola￿ Curtis R(￿neY - Live streamed ￿rf0M)8nCes by Tr Baghdaddies Bard¢i Ead￿h. Black VoiLf& tnwri Evans and Lee Mason. National Dance Q)tnpany Wales. - Our ￿nneC￿0￿S AIrica. with Molan, Phil Okwedj and Etic Ngalle Cljaries. . Chitdren'5 onLinc th¢2tre exFerimen¢s by LyngoTraue and Tessa Bide. - Thealr ￿[ta (see below) Spatt Digidol 2020lll saw the CO￿lUSion of our SPAN Di￿d91 woje£t. This leathT and Ans Council of Wales fi]nded project was insirumeniai iti SPAN'S abiliiy 10 rapidly adapt lo the CTISIS. SPAN Digidol (J)I&_W20) w&$ a pre-pandernic, 2-year project designed io 0[￿n up culture xross the wknle of Pembrokeshi¥e thtwgb developing a new way of de]ivering cuIIuTal seTrice5 digital t￿hnOl￿V lo rural communiues. The project reathed ov¢r live audiences and ovei 27.(MM) digital audiences from righi across the couniy atd beyond with repre￿ntaliOn from all ages thTough an inTh)vaiive of 10 pilot projeLts. SPAN Digidol engaged of the vulnerable, or tyaditionaJ]yl*TuXypiLzlly ]ess digitally cOnfukt)u￿rt4xtellt ple IhTough projects such as Can Sing online and 1kntr We We￿ able io extend the funding an extra 3 monihs to nffcr ￿0p]e oTh1it￿ (r￿1ve actiyiiies during L￿Lth)wn. Arts and Health Pembroloshirt Nehork SPAN h&s establishcd a new Ans and Hcalth tttwork for PembTokeshiTe ￿ build on the growing Ixmly of eviderKe that shows thai Ihe arts play a vitsl mle in transfomiing tsckjing k)neliness and i￿latIon and improvittg health al￿ Well￿1ng. Arts at a Distaj An online s(xially disthnced artistic PTogrdTDme io reduce i*>latioD and I0￿11￿e$S alki4ate fear. Stress and tx>r¢dom, and build con]munit) neiworks in PembrokeshiTe during the lin* olCovtd-19. This progran]rae SPAN 10 re¥M)nd to the crisis and bufld yesiliet*e and was develO￿d in line with oui vision to make Art a5 xKiai change in njral Wales and (o c¥)Itali￿ on the tKNer of the affls ￿ EnaLe ￿PIe feel Ixlter. Between July - Dcttmber 207) SPAN delivered an inclusive and far-reaching online progrdmme for the people of P¢mbTokeshiTe and Teached over 9.IM people in Pembrokeshire atKJ bejond with ￿ art5 through ]ive stffamed rfornjances, online creattve workshop5 li￿ St￿aMEd cx)mtnunily I￿&re. Shared Worlds As rort of SPAN'S contribution kn the res￿[￿ ￿ Covid Crisis and Pembrokeshireg Campaign for KtndrKss, SPAN delivered a wide rdnge of online artisi-led WOTkshop &tivttie5 in Auiutttn 203) in or(kr to tmpme 5tKial coThnectedne5S and wclI￿1ng and reducc lonelir￿sS and ￿la1 isolauon for all ages. A series of five arti￿ led online worknhop ex[Krien￿5 in danLE. Welsh folk stnging. rtttry, PUTWry and mindful photogrdphy We￿ delive￿d. fftr 19X> attenda￿¢$ pla￿ wath 47 Fople cnjojllng iegular otkline crealive Cx[￿nCncCS dclivcred by cornm1￿lOned anists and musicians Ke￿ &ctd. Jeremy Huw William& Richard Cha￿￿]1. Emily IAurens and Ray Hobbs. Feedback showed us thai these exrEriences p¥ovided a va]uable, r¢gular and up]iftEng opw)ftunity for indxviduals Ihmughout the Autumn llM)llths. The Kindjw Pryiect An Onli￿ creative community for Pernbrokeshire, slh)ww your cre*ive Id￿ to ￿1P wple feel I￿t￿r. Can Sing FOrt0￿111Y on]ine singng WO￿ deliVe￿E by Dalural voice pr&tilioner Catriona Fothetgll thioughout the pandemic. REPORT OFTHE TRUSTEES for Year E4thd 31 Ma￿h 2021 cor P#wb A programme of Online singing W0￿hOp5 for SPAN% (y)mmuniiy, choir for everyone in singing for we]n*ing and sea slwjty singing. LEd by choir leaders Molar4 CatrioTra Fothergill and Ma}'a Waidman. Arts and Healih Pembrokeshire Network SPAN esthliskd a new Arts. and Healih ￿(work for Pembrokeshire to build on the growing ix)dy of evidence that shows that the arts can p]ay a vi￿] role in tyaLsfonlling o)nllllunilie& tsckEing loneliness and i9)13tion and improving health and wellbeing. Creaie ar)d Conrtct Create and Connea was a pan-PembTokeshite volunieeTing iti the atts progra￿ to cornbai the impaa of seo)nd FK)n owneTship io create mTe op￿rtUni1]eS IOT Yoluntee15 10 get involved Èn the arts through In￿res(l￿8 volunieering exF¢rienLYs al￿ helps ￿0p]e to contTibuie 10 ihe TegeneTation and enrichment of life in their comnjvniues. Theatr Soffa A ry)pular new online live stseaming coll)￿ll￿1ty theat￿ LX)mFAny, Fff(xlucing 5 Ix)J)Mnunity d*aiTe produdions in English and Welsh duTing the pandemic. PToduaions included.. - Under Milk W(KKI by Dylan Thomas - tknt) y Wenalli, Ihe Welsh iranslat￿n by Richa￿ Tjan - Dracula - IA)ckdown Talcs.. Bread and Babies by Ashe - Chwedlauy Q'fn(NJ Clo: Barn a Baba]KNI by Ceri Ashe - Bynji Jlltnping CreatÈve priKluctTrtin by Jake Ivhiitaker. atMI p￿Ill￿￿)n ￿ Rowan O NellI, Siobhan Ath. Anna SheTfdtt, Ceri As and Deri MoEgau ACC￿lbIlitY and indwioD SPAN has worked hard througknut l)20121 to e￿re the witst to the ans as Fossibk and have iEgun to develop a Culiutal ConlrdLt to supwri the wider ￿lIcY cojjlexl of We]sh Government io ensu￿ pub]ic invesLmenl 15 deployed with a social pu4X)se. We are cojjllrriiied lo ihe four Wir￿1p1eS ol: - gr0￿h tK>ieniial - fair work - promotion of health. including a ycia] emphasis on mental health. and learning in th¢ workp]ace. - progress in reducing cathn fiM)tprini SPAN is commatted to ensuring that all of OUT Xtiviues are I￿]USiVe. relevanl and accessible Lo everyone. Thts year we have.. - Increased Welsh language conient thriwJoJ tmrtnetship WOTk MenteT laith, Cered and recruiting MOTE Welsh s￿aking stsff and artiSi5. - Attcmptcd our fir51 evcr ￿rf0r￿￿t￿e with BSL traJJslaiions- lots of lesx)ns learned. - PtoNided a breadth of choice of artfonn and activiues 10 siiit all intrrests and ages. - Provided work free olcharge. - Worked closels. wilh a range of 3rd seaor panners io reach rtw and more vulnerable Ixnefici2Ties. Try)k an active role in several County CaMp￿gn$ includino - Pembroke5hiTeS Casnpaign for Kindness and w on Pernbrokeshire's Digitsl Q)nneaions Ta$kfOr￿ find Wa￿ ￿ tackle issues of Digital exclusion in PembroLeshire. - Diversified our PTograM0￿ further by tuntiing Th]r Conttdion5 With Africa a progTarnme designe3)Pl, as a resllli of svNx)rt from Pcmbrok-￿hITc County Council and the Enhancing Pembrokeshite Fut￿. The Volunleer Manager sup￿E￿ the iy)ke E)eeds of our often-vult)erdble volunteeT5 ants friendly and Jively volunieeTing¢ollllDunity. Page 7 SPAN ARTS LTD. REPORT OF THE TRUSTELS for the Year ENltd 31 March 2021 OBJEcfivES AND AcrivrriEs The futUTE The TTUStee5 nuiniain 2 clear view of currenl work- which (X)ntribu￿S io gwd gmemance arhd helps ￿th future planning. 2020QI saw u5 rt of a numiEr of fi]nders WIK) have either adjuthl our funditkg prO￿drn￿ offered flexibility and sUp￿rted us with crisis lund& We u)ntinue io [￿e challcnges funding our *affing and o￿T cwe (xws for J)2V21 t$￿￿tillY in the Itght of the Q)vid 19 p8ndemic, ongoing restsicLions and ￿n￿lIal￿ty. As a chatily with no core futtding Ibis ts always a challellge. bui 2020r21 ]J&s proven lo tx an exc£puonally ditfieult year and we extert Ihis io continue. We will coniinlle 10 for lor a wide ra￿8£ of funding. including ihe Alts CoJncil of Waks and plan to apply for Arts Council Wales Portfolio thtus in ?OL). We will L7)niinu¢ to wotk hard to Te5wnd to the current challenges we lace arwj to ensure thal we can wiihstand ihe crisis througholll 21ll2 aDd emerge in th? 22 as a viable, Tritai and Tobust d￿rity. whose work cuts acro&s ￿anY agend&s and is a leading c￿lIVe conllllunity service ft)r the County. We are indebted to our fu￿le[S prtners artisis ond musicians wlk) have all a)niT￿l wl to safeguarding the organisation at thi5 most difficult of times. We Ten￿1Th committed io enahjing SPAN io ¥t progressively, and surry￿ the kn foTward thinltiEJg approach enab]ing thc charity ts) c￿riMent, ada￿ and refle£t in order to thckle gTrme of ￿ very Teal challcn8cs ihat our rurdl audiefi￿S face in ac£essints hiJts qua]ity arts ¢￿Tle￿￿ We strong I￿lIeve thai we can capitslise on the iTansfoTtnative PK)wer of arts io Crea￿ p)siiive ￿￿la1 d]ange in Pembrokeshirt and illjprove the jives of teople tiving in our tural communi(ies. We will LY)tilin￿c lo sirive io ensure thai we c*n bring the ans ￿ as many wle in outlying conllnunities in Pembrukeshire as I￿Ible. We believe F0ssion*ely thai the ans ate es*niial in eEJ5uring wle's wellbeing aod ihai arts activities can help build iK)th individlla] health and thai of wh)le a)mmuniiies. In addition, we will ly promoung optK)rtunitie5 tt) increase our donatM)r4 Voting mem￿[5 SPAN Friends and a¥ix)ithi new Prf)atd mem￿[5 in 2021r22. (￿r new rok of a Vol￿￿tter Deve]Opll￿nt Officrr will colltinue lo f(Kus on gTowg a vibrani team of volun￿[S. who are the lifeline of the Organi￿tiOn. We will ry)niinue ￿ proviLt ￿$t0￿1 ote and 5UNXbrt and meet the changing needs of our volunteers Ihroughoui Ihe year. The TTUStets aim to gJp]x)rt t￿ Director and ieam in en￿g]llg in relevant training atKI attend events and networking activities which wÈll help develop skills and bTing a stimu]ating and gjstainable progr￿ of arts aciiviiies and comMu￿]ty evenis to the Ans audierKe. Finally. the TrU￿teS with io Ihank Ihe stxff. volunteer5 a[￿ Span Arts Friends and MeM￿[S for all iheir tK>sittve (x)ntribulion. dedication and supp)rt over ihe ￿e1ve monihs. We al￿ thank memiErs of ihe community who continue io sUp￿rt ourprogrdnjme aftd L8wa]1s I(￿1 busi]Ysses foi IheiT swnsotship in 5UPtK)n of our activities. Span Arts is the vibranl CODllnunity charily il is I￿USe of tkn. Page 8 SPAN Airrs LTD. REPORT OF THE TRUSTELS for the YtarEJMltd 31 March 2021 FINANCLIL REVIEW Reserves p￿iCY SPAN has a reserves p)licy that sets i)ut the kvel of unrestrickd finatKial reserves that Izn IK kld by SPAN and t IMITlX)se to which they used. Tr wlicy is ￿ewed annually. SPAN aims io n]ainthin unrestrictrd re*Tves * a kvel ihai wlll cover. - Profc&sioTral fees re]aung to winding up the business (fn)m capithl asws) - Employee woges for 3 ]Th)nths aE)d redundancy cos(S ￿ iry)vered by woiea funding - 3 monih5 OVCThead cost5 - CanLYllation fees foi events (￿rfor[lItTs, faci]ithlOTS. venues) - Emergency fund io supwn cashflow, athnin1￿lal10n cos¢s OT capitsl costs for a S￿¢IfiC projea or agreed objective As at Isi Feb 2021 the amount required for the aiKJve RS.. Wages and Tedundancy paylllents 3 month5 oveiheads Canc£llation fees Etnergency fund £ 135(X) £ 35(K) £ 5,0(M) £ 5,OIK) £271KIO Policies . SPAN review5 and u￿1¢5 3ll p)Iicie5 OD a regular basis through foThD81 th￿lon ￿ Trustee B(Mrd me£tings. Governillg document The company OPYfdies umler the nanje Span Ans and was inLly￿raled ￿ a company lill]ikd by guarJntee on 30 January 2(X)l. It LS g0ven￿d by its Memorandum and Articles of As4Kiation as amended by 5Fcial re￿>l￿tIOnS daied 25 July 2(M)l and 4 July 3x12 and all￿nded by an extrth)rdiDary meeting of 15 Augusi 2(K￿. li was Te￿$￿Ted as a chaTity orb 3 CkxolKr XMJI. It is a]Xb a ￿K￿l￿TshiP organi5atio RecrnitmeDt al￿ appointment of neTF tsILfj¢efs New Mem1￿r5 of the Trusiee Ik)ard are aptx>Énied in aC(X)rdan￿ ￿th ihe goveming ¢knimellt. During the year, the Tn]slee Board iijcreased by three metnbeTS wilh one re5igllation thiring the Jear following ihe Annual General Mecting. The ajair and Manager ate in the I￿￿£$S of xtivelj Ttcruiling Th knrd Mem1￿[5 ￿ nvinlain the divetsily and energy of ihe Board. Page 9 SPAN ARTS LTD. REPORT OFTHE TRusfEFS forthe Year E4thd JI Marth 2021 srRUCTiTri4 GOTr'ERNANCE AND h14NAGE￿￿E￿r Organisational Stn￿t￿ Span kn5 15 matlaged by its tru&e&direC￿[s. New mem￿ts of the Tru&tt PA)ard are appTrinted in xcordarrtr with go￿rning (kKumenL During the year the This￿ &)ard a￿x)InTed l and 2 trustee5 resi￿d. MetnlKrs of the Trustee &)ard (Dntinue lo JrK)tes equa]ity. It works in prtr¢rship with (thr voluntary, sthtuiory and private gencies where this can l￿fil its target rMrt1ci￿ Voti￿8 Member5 SPAN is a Q)mpany timited by Guaraniee With￿Ul a Shate CapitaL It therefore has Mem￿￿ who act as guardntors of Ihe Charity. In accordance with SPAN'S Articles of As$￿1￿10n anyone ircome a Memter of SPAN pr￿￿dIThg their app]icatton n]ee15 the ￿ndItionS outlincd on the SPAN website. As o m¢M￿r of the ¢I￿lty. Voting mernI￿lS Vote on lopi￿ raised * t]* annual AGM. Risk maDagemeD¢ The trustecs have a duty to ideniify atyj ]rYiew the Tisks to whKh charity is extosed and to etLSure approwiate ntTols are in place io provide rt4sotthle assufdrr£ winst frawj and etroi. REFERENCE AM) ADMINIsfRATIVE DEfAiIS Registered CompaDy DwDber (41507T? {Eng13nd and Wales) RegIste￿d Chrfty llumber SEYatL Arts Town M￿1 M￿rri¢l(l Road Narberth Pembrokeshire SA67 7AG Page io SPAN ARTS LTD. tor the Year FJMled 31 March 2021 Trusttts Ms C D Davies Chair Ms M A Moss (resigned 22.7.20) Ms N J Rogu5ki (resigtled 9.6.21) Ms N Warrinwon TreaSU￿r Ms A Marriott vi￿ Cjair Mrs S Gavin Mrs A Quani {￿signed 22.7.￿) Mr S Malpass Mr M Rey)olds (Eesiwd 22.7.20) Mrs S Lewis Dr A Wi]15 Ms L DeBenedictis (apwbinted 8.10.20) M5 V S&hai (apw>inted 20.5.?1) Compally SecTrtary Ms N Wa￿1￿￿ort IDdepeDdeDt Exarniner Mr M HaTries FCCA L M Gtiffiths & Co Limited Charteted Qrtifjed Accountants 1&2 Merlins Coun Winch Lane Haverfordwest Pembrokeshite SA61 ISB Approved by orderof the ￿ard of trn*es on 21 July Jf21 and S1￿cd on its tKhalf by: Ms C D DavRes- Trustee Page 11 Ir4DEPENDENf EX4MLYER'S REPORT TOTHE TRusfEES OF sPANAl￿s LID. IDdep¢ndent examiDer's re￿rt to the trustees ofspiV4 ARTS LTD. ('the Compatty'l I rewrt 10 the chariiy trus*es on my exatnin￿lo￿ ulthe accoullL5 of the Compan> for the yeat ended 31 March 2021. RespO￿lbIlItieS aDd ba5R5 ofreport As the Lhdrily's trusie¢5 of the CotDpaDy (a￿1 akn its direc￿[$ for the ol COULpany law) you are Tewnsible for the preparation of ihe a¢¢￿tItS in xxx)rdanLr with the requirernenrs of the Companies ALX JM)6 (Ihe 2{￿ Act). Havtng ￿lisfied myse]f that the acwjnts of tk Comw)y *e not requitEd ￿ IK audkted uThder Part 16 of the ￿)6 Act and are eligible for iniktrndent examination. I retK)n in rest*a of rnj" examination of your charxty& accounts as CaTtied oul undeT seaion 145 of the Charities Aa ￿11 (Ihe 2011 ALI). In canying oui my examination I have followed the Direciions ￿en by the ￿arIty Commission undei 5eLtion 145(51 (b) of the Jjll Illdepellde￿t exarniDer's ststement I have completed tny examirbation. l LX)nfirni that rKb Mail¢￿ have ￿me ￿ my atiention ITr (x)nneaion with the examination giving me io tKlieve.' accounting recoT(Ls were noi kept in Jysjxa of com￿lY as required by seoM)n 386 of the 21MhS Act", or the accounts do tK)t acwrd (hw T￿X)r￿S. or the XLI)unts do not comply with the a(xouniing requirements ol 396 of ihe 2(Xb Aa other ihan any reqlliremeni that the xo)unlS gi￿ a true a￿1 fair v￿W which is a mauer considered as part of an Inde￿ndent exatninaiion,. or the acLX)un15 have Th)t iEen prepared in aca)rda)Ke with ihe ￿￿th[￿lS and principles of the Ststemenl of Recomtnended Practkce lor acthllnting and reEM)ning by charities {app]icable to djariues preparing iheii ac£ounts in a¢£ordan ]nai¢rial un¢en3irtiies in making their ￿55[￿ent ol going concern. As a resulu the goingconccrn b&sis of aca)uniing has adol￿d. All inc￿sne is rttw)ised in ihe St￿ett￿nI of F￿)3￿]21 Aaivities 0￿¢ the charity has enudement io the funds. il is probable thai the iwme will t¢ reitived aThJ am(wni cats ix ￿&￿red reliably. Expendithre liabililies are recognised a5 eAFnditure &5 there is a legal or (x)nstruaive obligation (x)tnmitting the chariiy io ibai e￿AllI1V￿, li is probable that a IransleT ol economic irnefiLS will require(l in *tUement and Ihe amouni of the abligaiion te meagLted rtliably. E4rndilutE is ac£DuiJled for on an accruals basis and has been cli%sified ￿[m￿r headings thai all cosi related 10 ihe caiegory. Whete costs call[￿1 ￿ direaly attributed io particular h￿ding5 they have all￿ated to ￿1VI￿¢S on a basis consistenl with the use of resources. Pmptrty. plant equipmeDI Depreciation is p￿VIded at ft>llowing annual rn¢5 in order ￿ wriie off each as*t over it5 eslitnated useful ]ife. Plant and machinery 25% on redUcingbaJa￿t aAI IO% on [ed￿1Thg balan Freehold Pro￿nY was previously depreciated at 4% on a straighi ]ine basis. The tn151ees have reconsidered theÈi wiicy aTrd where the e5tin]aled residual value is i￿lieVed ￿ be in exLYSS of the curTeni carrying value no depreciaiion is provided in ihe alvx￿ Taxatiott The charity 15 exemO coryxjrdtion tax on its thaTithie a(tiviti Fund aLtounting un￿$tTI¢ltd hEnd$ be used in a￿thall￿ wilh th chaFitabk d>Fdives ai the diThtion of the trust Restricted fund5 only Used for partTCU]ar restTÈLtd within the objects of ihe djariiy. RestTidiotLS arise when 8￿Cified by ihe doÉM)r or when funts are lor Imrtiojlar restriLtied purw>ses. Further explanaiion of ihe Da￿￿ and pUrEX￿ of exh is iT￿lUthd in the ￿te5 to the financtal statemettts. Pen￿ll (XKsts and otherity.retirerneDt I￿nefits The charitable Éi)mtMny t￿rateS a defi1￿￿ contEibutiou ￿￿510￿ Schco￿. Coniribuiions payable 10 the tharitsble cornpany's ￿￿￿10￿ scheme are charged 10 ihe Siatement of Financial A¢(ivilies in Ihc ￿n(mI io which Ih¢y r¢late. Page 16 (x>ntinued... SPAN ARTS LID. ror the Year Fjthd 31 Marth 2021 INVESTMEP￿ INCOME 2021 2020 Bank intere 75 Net itK0mel(ex￿ndit￿re) is Stakd after chargingJ(ctediting): 2021 2020 Depreciation- owned 3334 TRUSTEES, REMUNERATION AND BEf4EFrIs There were no tru5tees' remunerdtion or od*r t*nefits foT the year enthd 31 March ￿21 wr for the year ended 31 Match 2020. There w¢re no tn￿s.e￿￿S paid for the yeat enthd 31 MaT¢h 2021 TKJr for ihe year ended 31 Ma￿h 2020. srAFF cosrs The averdge monthly nuM￿r0[ employees duringthe yearvrd5 &s follows: 203) Etllpk>y¢¢s No employees TeceTved emoluments in excess of £60.(KKI. PIUOR YEARADJUSTMEr ACW A prior year adju5toJeni has t£en ma(k io correct the allintion ol fu￿1$ for the year ended 31103Pth. This related io an under accrnal of fi￿(L5 dating bxk ￿ 31ffj3113 and it Ikcided by ihe (Tr￿ees ￿ bring the lunding back in line this year. Page 17 (x>ntinued... SPAN ARTS LTD. forthe Year ￿ded 31 2021 FTeelwld pro￿rtY ptani and machinery Tothls COST Ai l April 2011 A(kiiuons 185.W 5&745 XJ,745 1972 At 31 March 2021 185.( 61.717 717 DEPRECL4TION At l April 2020 Charge for )ear IIM,828 At 31 March J)?1 41,188 1tr1,788 NEf BOOK VALUE At 31 March J121 A18.41XI 211.529 I38,￿9 Al3]M￿￿￿ 118.4(X) 138.917 2021 2020 Pre￿y￿ellts alld accnjed i]Kome 11522 14.766 2021 20 Otkr c￿dItOrS Accmed ewnses J053 1186 7(M) 3,053 2,886 Page 18 coniinued... SPAN Ai¥fs LTD. for Year Ewjed 31 2021 111. MOVEMENf INFUNDS Nei x)vemeot in fvnds Trdll5fcTS Iwecn funds AÈ 1.420 31.3.21 Genernl fund 1799)3 &791 I￿},407 Rtstrfcted ftumts ACW Pembmkeshire ￿$S(￿latiOn of Voluntary &rVi￿S ANain Sir Benfro LEADER ACW Digi (PCCI Enhancllng Pembrokeshire Fund West Wales CaTe Partnership c0-0￿ra￿ve M(y)n(JanLf ?021 ACW Aaad Crisis 20J) 15JOiI ai 6861 5821 2651 (3391 339 io, 5,626 (4626) 7J72 (1.611) TOTAL FUNDS 187,165 1&886 204.051 Net m0ven￿nI ID included in the ab)ve a￿ as lollows: ItKoming Re￿￿T(￿s eX￿n Movement in fijnds Unrestsicted fuDds Gtnerai fund 28176 (16J85) 791 Restricted ACW Pembn)keshiye Awciatio]] of Voluntary Tvices A￿aIn Sir BenfTO ￿DER ACW Digi (PCC) Enh&￿ing Petllbrokeshire Fund West Wales CaTe Partne￿ip c0-0￿rative M(x)ndance 2021 ACW Arts and Hea]th NetWOTk ACW Recovery ACW knd CTi5iS 2(rJJ 1&952 013￿) 15JOII I1(￿2) 19584) 13581) (29246) Q3,774) {3th5) 121 12,6861 15821 122651 1339 *981 11.435 3.930 iO,(KKJ 10,000 11,883} 13,168) (19,184) 3.168 24810 5,626 122,076 {113,981) 8.IYJ5 TOTAL FUNDS 147252 (13DJ661 1fj886 Page 19 continued... SPAN ARIS LII). for thE Year Ended 31 Marrb 2021 io. MOVEMENT IN FUNDS. LThItiDued Cornparatives formowement fiuMIs TAnsfrr5 een funds vemeni in funds Ai 1.4.19 31.3.20 un￿$t￿Cted fvtsds GetLeTal fund 163,045 15,217 1,731 179,993 Restric￿1 fiwds ACW Arnvain Sir Beth tFADER ACW Digi Planed (Preseb Heanlandsl Souih HIM)k LNG CoJ))munily FuTrJ West Wales Care Partnership li,(V)3 (5.792) (176) (1.199) {5) (4,451) 339 5301 950 582 (1,736) 1,781 4.451 339 2fj.187 (ilJ4) (1.731) 7,172 TOTAL FUNDS 183232 3,933 187,165 Compatative net ￿￿￿e[￿ent in funds IrKlU(￿ in the as lollows: Rewu Movement in funds reg)uices Ujwestricied fuDds General fut)d 84,481 (69.26A) 15,217 Restsicted ACW Pembroke5hire of Voluntary Services Anvain Sir BetthD tFADER ACW Digi Planed IPtt5eli HeartlaEMIs) {PCCl Enhan(xng PembtDk¢shiTe Fund >uth H(K)k LNG Community FuThJ Haverfoidwest Town Cou]]cil Raxse Your Voice Petnbs W¢st Wales Care PartneTship 13,052 (18,S44) (5,792) (5,(KKJI (176) (1.19)) (5) (14.61A)I (7.6511 (43,0321 (4,4511 {33M)I (iO.(MK>I (1224) 43,032 (4.451) io,( I￿3 339 123J61 {134,645) (11284) 207&12 3,933 TrnDsfers between funds Iwime has accn]ed where the clktity w&% kgally entitled ￿ it ￿ the tdance sheet date and it was quanufiable and aL2ually ]Yceived atteT the yeaT t￿1. Page 20 contisjued... SPAN ARIS LII). fortb¢ Year Wed 31 Matth 2021 11. REIATED PARTY DISCIA)SURES There were no Telated party trnn5actions fortk yeareth 31 March 2021. Page 21 SPANARTS LTD. for Year E￿￿ 31 Marcb 2021 INCOME AND ENtK)WMEprrs Donatiotss and ItgaLies Donations Friendship incoll Gilt aid Arts G)uncil of Wales Arts Council of Wale5 Digidol Pembmke8hire Aswiaiion of Voluniary Services Anvain Sir ￿E)frO LEADER Plancd (HL {PCC) Enhancing Pembrokeshire Fund Haverfordwest Town Counal Nationa] Lottery Community FUNI West Walcs Carc Partnership West Walcs Freema￿￿5 MwndanLY Camiarthenshire of Voluntary Services C(M)p IAxAi Community Fu]]d (hher 3227 1,147 1,637 3,619 474 29.(XX) 135CA) 7,647 43,032 29239 io,(Kx) 1562 4U6 1693 3,9iO 12&030 147,450 InveslnJeDt income Bank iniere 75 Charitable activities Mwndance grant WG Ci)vid grdt)ts Fundraising incorne Gigs and events ticket sale5 Hiting illLQllLe Sales workshops Sw)nsorship incorne 7,174 45,978 3235 ?,487 475 968 iJ(N) 530 19,198 (A)J17 Total incoming resWn 147.252 207042 EXPENDrruRE Charitsbk adiwities Employee ¢osis Pension5 Carried forward 72J76 967 733 J,974 1,053 92,027 This ydge not forni ￿TI of statutory fina￿lla1 5tsÈemeThts SPAN AR75 LTD. DEfAllED SFATEMENf OF FINANCIALACTlVfnLS ror thE yearFJ￿ed 31 Marcb 2021 2021 20 Charitable actiiities Brought lorwaTd MarLeiing and publicAIy Evcnt ex￿nSeS Volunlecr e￿nSeS Project cost5 IT and website costs Fundraising ex￿nseS Depreciation of plant & m￿h]ftery 73J43 1,140 13,713 202 27J71 1576 92.027 3,098 47,U23 5,950 39,139 1915 122 3J34 12(JJl> 193.608 Supwbrt costs Other Insurani Light and heat T¢lephone Pos(age and stationery Cleaning Repaits and renewa]s Subsuiptions TTasning ALxYJun￿T￿y Sundries Bank" and card Charges 1,104 578 418 iJ(y) 1,043 751 181 157 3J13 1.951 120 1,693 152 10,051 10,301 Total resources extEnded 66 203,9)9 Net incom¢ 16,886 3,933 This Fage does forn) part of ￿ S￿llIOry financial statetnents