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|OBJECTIVES|AND ACTIVITIES||||
|---|---|---|---|---|
|In school|holidays
and
inset days,
we also provide
creative
activities|for older children
during
these|Friday||
|sessions.|During
the summer
holidays
we secured
additional
funding|from
No Fit State Circus'
'Square||Mile'|
|project. Funds were
held
by the Aurora
Trinity
Collective.
This part-funded
seven weeks of activities
for||||older|
|children
which we ran
in collaboration
for the third year
in a row with Welsh Refugee
Council's
Playgroup.||||The|
|programme|culminated
in the
collective
and
their
children
taking
part
in the
Clifton
Street
Parade|||on
2|
|September.|||||
|The development
of the group's
collaborative
artworks
has progressed,||and these
will be exhibited
at the|Glynn||
|Vivian
Art|Gallery
alongside
AM10 presentations
from October 2023.|Led by Ogechi
Dimeke,
the group||have|
|created a 50-metre-long
dyed textile work, along with around 20 smaller||2x1 metre dyed textile works that can be|||
|worn
by
the
group.
This
has
now
been
photographed
on
Penarth||Beach
by
Amak
Mahmoodian,||with|
|choreography
supported
by June Campbell-Davies,
and an accompanying
audio work.
In this, members|||of the||
|group
discuss
their
relationship
to textiles
and
their
experiences
of||being
part
of the
group
in
their||own|
|languages,|including
Urdu, Farsi, Bengali, Arabic, English and Tigrinya.||||
|The group|also performed
in a 'march
for friendship'
and exhibited
their|banner
work at g39 in August 2023 as|||
|part ofthe|'Made
in Roath Open Exhibition'.||||
|The collective have continued
work on several mini-projects
which include:|||||
|a)|A short bookwork
on the group's purpose
and history||||
|b)|Additional
sewing
lessons,
led by Marianne
Barwise. This has now been completed
and the group||||
||independently
looking for funding
to continue
this strand of provision.||||
|c)|We continue
to support
ATC organisational
development|(creating
clarity
around
how decisions|||
||made,
getting
ATC membership
agreements
signed
and|beginning
to articulate
a structure||to|
||steering group).||||
|Creating
new networks
across South Wales.|||||
|a)|The group continues
to collaborate
with Welsh Refugee Council (as detailed above) but in addition,||||
||continue
to develop
new relationships
with Glynn Vivian's Threads
group. They will also be||||
||consulting
with Oriel Davies on the development
oftheir new|programme
where they hope to work|||
||with newly
arrived
families
in Newtown.||||
|Additionally,
we|have help set up the ATC group now being regularly
attended|by a Community
Employment
Mentor from|||
|Cardiff
Council|who
runs
one-on-one
employment
surgeries
regularly
(around
2 per month)
alongside
our|||Friday|
|provision.|||||
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
|||||Notes|fund
F|funds|funds
f|fundsf|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations|and legacies||||262,776|144,930|407,706|411,297|
|Charitable|activities||||||||
|Promoting|contemporary|visual|art||806|17,567|18,373|5,850|
|Investment|income||||459||459|25|
|Total|||||264,041|162,497|426,538|417,172|
|EXPENDITURE ON|||||||||
|Raising funds|||||44,318||44,318|43,792|
|Charitable|activities||||||||
|Promoting|contemporary|visual|art||216,126|140,084|356,210|407,529|
|Total|||||260,444|140,084|400,528|451,321|
|NET INCOME/(EXPENDITURE)|||||3,597|22,413|26,010|(34,149)|
|RECONCILIATION
OF||FUNDS|||||||
|Total funds|brought
forward||||182,525|66,840|249,365|283,514|
|TOTAL FUNDS CARRIED FORWARD|||||186,122|89,253|275,375|249,365|
##
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes||F|F||
|FIXEDASSETS||||||
|Tangible assets|14|3,017||3,017|4,805|
|CURRENT ASSETS||||||
|Debtors|15|3,513|25,830|29,343|34,287|
|Cash at bank||202 035|76,805|278 840|232 24?|
|||205,548|102,635|308,183|266,534|
|CREDITORS||||||
|Amounts
falling due within one year|16|(22,443)|(13,382)|(35,825)|(21,974)|
|NET CURRENT ASSETS||183,105|89,253|272,358|244,560|
|TOTAL ASSETS LESSCURRENT LIABIUTIES||186,122|89,253|275,375|249,365|
|NET ASSETS||186,122|89,253|275,375|249,365|
|FUNDS|17|||||
|Unrestricted
funds||||186,122|182,525|
|Restricted funds||||89253|66840|
|TOTAL FUNDS||||275,375|249 365|
##
##
||||2023|2022|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated
from operations||1|46,134|~24,365)|
|Net cash provided
by/(used|in) operating|activities|46,134|~24,365)|
|Cash flows from investing|activities||||
|Purchase oftangible
fixed assets||||(2,847)|
|Interest received|||459|25|
|Net cash provided
by/(used|in) investing|activities|459|~2622)|
|Change
in cash and cash|equivalents|in|||
|the reporting
period|||46,593|(27,187)|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||232,247|259,434|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||278,840|232,247|
|RECONCILIATION|OF NET|OF NET|INCOME/(EXPENDITURE)|INCOME/(EXPENDITURE)|TO NET CASH FLOW FROM OPERATING||
|---|---|---|---|---|---|---|
|ACTIVITIES|||||||
||||||2023|2022|
||||||F||
|Net income/(expenditure)||for the reporting||period (as|per the||
|Statement of Financial||Activities)|||26,010|(34,149)|
|Adjustments
for:|||||||
|Depreciation
charges|||||1,788|2,069|
|Interest received|||||(459)|(25)|
|Decrease
in debtors|||||4,944|13,362|
|Increase/(decrease)|in creditors||||13,851|~5,622)|
|Net cash provided|by/(used||in) operations||46,134|L24,336655)|
##
||At 1/4/22|Cash flow|At 31/3/23|
|---|---|---|---|
||F|F||
|Net cash||||
|Cash at bank|232,247|46,593|278,840|
||232,247|46,593|278,840|
|Total|232,247|46,563|278,840|
##
##
##
##
##
##
##
##
##
|DONATIONS
AND L|EGACIES||||
|---|---|---|---|---|
||||2023
f|2022f|
|Donations|||3,275|12|
|Grants|||404,431|411,285|
||||407,706|411,297|
|Grants received,
included
in the above, are as follows:|||||
||||2023
f|2022|
|Arts Council ofWales|- core funding||151,834|149,590|
|Colwinston
Charitable|Trust||50,000||
|Cardiff County Council|||20,960|20,960|
|British Council|||10,000|1,000|
|Arts Council ofWales|- Cultural
Recovery Fund|||90,000|
|Arts Council ofWales|- Sharing Together|||200|
|Welsh Government
Major Events||Unit||15,000|
|Weston Jerwood Creative
Bursary||||8,044|
|Arts Council ofWales|- Connect 8|Flourish||95,991|
|Bagri Foundation|||25,000|30,000|
|Battersea Arts Centre||||500|
|Arts Council ofWales|- AM10 Create Public Programme||46,930||
|Arts Council ofWales|- Perspectives||30,000||
|Arts Council ofWales|- AM Cymru|Fenis 10Partnership|65,000||
|Arts Council ofWales|- Cost of Living Award 2022-23||4,707||
||||404,431|411,265|
##
##
||||||||||2023
f|2022f|
|---|---|---|---|---|---|---|---|---|---|---|
||Deposit account interest||||||||459|25|
|5.|INCOME|FROM CHARITABLE ACTIVITIES|||||||||
||||||||||2023|2022|
||||||||||f|f|
||Provision|ofservices|||||||17,567||
||Sundry income and|||shared costs|||||781|3,988|
||Catalogue|sales|||||||25|1,862|
||||||||||18,373|7,183|
||The only charitable||activity is promoting|||contemporary|visual art.||||
|6.|RAISING|FUNDS|||||||||
||Raising donations|||and|legacies||||||
||||||||||2023|2022|
||Staff costs||||||||44,318|43,466|
||Staff expenses|||||||||326|
||||||||||44,318|43,792|
|7.|CHARITABLE ACTIVITIES COSTS||||||||||
|||||||||Direct|Support||
|||||||||Costs (see|costs (see||
|||||||||note 8)
f|note 9)|Totals|
||Promoting|contemporary|||visual art|||307,906|46,304|356,210|
|.|DIRECT COSTS OF|||CHARITABLE ACTIVITIES|||||||
||||||||||2023|2022|
||||||||||f||
||Staff costs||||||||155,120|153,431|
||Exhibition costs||||||||74,781|96,301|
||Education|and Outreach|||||||63,622|74,161|
||Marketing||||||||14,383|18,144|
||Publication|costs||||||||370|
||||||||||307,906|342,407|
##
|SUPPORT|COSTS||||||
|---|---|---|---|---|---|---|
|||Staff|||Governance||
|||costs
f|Finance
F|Other
f|costs|Totals|
|Promoting|contemporary||||||
|visual art||16,727|511|27,043|4,023|48,304|
##
##
##
##
|There was no trustees'
r
Trustees' expenses|There was no trustees'
r
Trustees' expenses|emuneration
or|emuneration
or|othe|r benefits|r benefits|paid for the year ended|paid for the year ended|paid for the year ended|31|March|2023 (20|22: Fnil).|22: Fnil).|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|There were no expenses||paid to trustees||in|the year||(2022: FNil). All trustees|||are|entitled|to claim|reimbursement||
|of the cost of attending||meetings,|but|some waive|||that|right.|The expenses||waived|are immaterial||to these|
|financial statements.|||||||||||||||
|STAFF COSTS|||||||||||||||
|||||||||||||2023
f||2022
f|
|Wages and salaries|||||||||||195,879|||189,405|
|Social security costs||||||||||||13,619||13,313|
|Employers
pension|contributions|||||||||||5,644||4,730|
||||||||||||215,142||207,448||
|The average
monthly|number ofemployees||||during|the year||was as follows:|||||||
|||||||||||||2023||2022|
|Curatorial||||||||||||3||3|
|Fundraising||||||||||||1||1|
|Management,
Marketing||& Administration||||||||||2||1|
|Learning
and Community||Engagement||||||||||2||2|
|||||||||||||8||7|
##
##
##
||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||fund|funds|funds|
||||||F|||
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||292,062|119,235|411,297|
||Charitable
activities|||||||
||Promoting
contemporary||visual|art|5,850||5,850|
||Investment
income||||25||25|
||Total||||297,937|119,235|417,172|
||EXPENDITURE ON|||||||
||Raising funds||||43,792||43,792|
||Charitable
activities|||||||
||Promoting
contemporary||visual|art|280,064|127,465|407,529|
||Total||||323,856|127,465|451,321|
||NET INCOME/(EXPENDITURE)
Transfers
between
funds||||(25,919)
~8,438)|(8,230)
8,438|(34,149)|
||Net movement
in funds||||(34,357)|208|(34,149)|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought|forward|||216,882|66,632|283,514|
||TOTAL FUNDS CARRIED FORWARD||||182,525|66,840|248,365|
|14.|TANGIBLE FIXEDASSETS|||||||
||||||||Fixtures|
||||||||and|
||||||||fittings|
||||||||F|
||COST|||||||
||At 1 April 2022 and 31 March 2023||||||16,221|
||DEPRECIATION|||||||
||At 1 April 2022||||||11,416|
||Charge for year||||||1,788|
||At 31 March 2023||||||13,204|
||NET BOOK VALUE|||||||
||At 31 March 2023||||||3,017|
||At 31 March 2022||||||4,805|
##
##
##
|DEBTORS:|A|MOUNTS|
F|ALLI|NG DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|||||||||F|
|Trade debtors|||||||2,955|26,060|
|Prepayments||and accrued||income|||26,388|8,227|
||||||||29,343|34,287|
|CREDITORS:||AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
||||||||2023|2022|
||||||||F|E|
|Trade creditors|||||||12,228|1,061|
|Social security||and other taxes|||||4,134|4,553|
|VAT||||||||114|
|Other creditors|||||||5,061|2,339|
|Accruals and|deferred||income||||14,402|13,907|
||||||||35,825|21,974|
|MOVEMENT|IN FUNDS||||||||
||||||||Net||
||||||||movement|At|
|||||||At 1/4/22|in funds|31/3/23|
||||||||F|F|
|Unrestricted|funds||||||||
|General
fund||||||182,525|3,597|186,122|
|Restricted funds|||||||||
|Arts Council ofWales -|||Connect||& Flourish|66,840|(66,180)|660|
|Arts Council ofWales -|||Perspectives||||30,000|30,000|
|AM10 Create|Public Programme||||||45,422|45,422|
|Wales Venice||10|||||13,171|13,171|
|||||||66840|22,413|89,253|
|TOTAL FUNDS||||||249,365|26,010|275375|
|Net movement||in funds,|included||in the above are as follows:||||
|||||||incoming|Resources|Movement|
|||||||resources
E|expended
F|in funds
f|
|Unrestricted|funds||||||||
|General
fund||||||264,041|(260,444)|3,597|
|Restricted funds|||||||||
|Arts Council of||Wales -|Connect||8 Flourish||(66,180)|(66,180)|
|Arts Council of||Wales -|Perspectives|||30,000||30,000|
|AM10 Create|Public Programme|||||46,930|(1,508)|45,422|
|Wales Venice|10|||||85,567|~72,396)|13,171|
|||||||162,497|)140.084)|22,413|
|TOTAL FUNDS||||||426,538|)400,528)|26,010|
##
##
##
|MOVEMENT
IN F|MOVEMENT
IN F|UNDS - co|UNDS - co|UNDS - co|ntinu|ed|ed||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Comparatives
for||movement|||in|funds|||||||
|||||||||||Net|Transfers||
|||||||||||movement|between|At|
|||||||||At 1/4/21||in funds|funds|31/3/22|
|||||||||F||f|f|F|
|Unrestricted
funds|||||||||||||
|General
fund||||||||216,882||(25,919)|(8,438)|182,525|
|Restricted funds|||||||||||||
|Welsh Government||Major|Events|||Unit||||(8,393)|8,393||
|Arts Council ofWales - Sharing Together||||||||1,800||(1,845)|45||
|Weston Jerwood|Creative||Bursary|||||1,799||(1,799)|||
|Public Programme||(Learning|||and||||||||
|Outreach)||||||||62,873||(62,873)|||
|Japanese Artists'|Fund||||||||160|(160)|||
|Arts Council ofWales - Connect 8 Flourish||||||||||66,840||66,840|
|||||||||66,632||~8,230)|8,438|66,840|
|TOTAL FUNDS||||||||283,514||J34.149)||249,365|
|Comparative
net movement||||in funds,|||included|in the above are as follows:|||||
|||||||||||Incoming|Resources|Movement|
|||||||||||resources|expended|in funds|
|||||||||||F||F|
|Unrestricted
funds|||||||||||||
|General
fund||||||||||297,937|(323,856)|(25,919)|
|Restricted funds|||||||||||||
|Welsh Government||Major Events||||Unit||||15,000|(23,393)|(8,393)|
|Arts Council ofWales - Sharing Together||||||||||200|(2,045)|(1,845)|
|Weston Jerwood Creative|||Bursary|||||||8,044|(9,843)|(1,799)|
|Public Programme||(Learning||and|||||||||
|Outreach)|||||||||||(62,873)|(62,873)|
|Japanese
Artists'|Fund||||||||||(160)|(160)|
|Arts Council ofWales - Connect & Flourish||||||||||95,991|~29,151)|66,840|
|||||||||||119,235|~127,485)|~8230)|
|TOTAL FUNDS||||||||||417,172|)451,321)|J34,149)|
##
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