| soRP referen ce | ||
|---|---|---|
| Sum mary of the purposes of | Para1.17 | Toadvancetheeducationof the publicinthe |
| thecharity as set out in its | art ofdancetheatre, new mediaperformances | |
| governingdocument | andworkshops primarily amongst young | |
| peopleinWales,particularly toregions | ||
| deemed priority areas by theWelsh | ||
| Government. | ||
| Summary of the main activitiesinrelation to those |
Para1.17 and 1.19 |
• Creation oftheatricalanddigitalprojects for youngpeopleexploringtheinterface |
| purposesforthe public | betweenlivearts and digital arts. | |
| benefit,inparticular,the | • Project linkededucationalworkshopsin | |
| activities,projects or services | schools andcommunities. | |
| identifiedinthe accounts. | •Creationofdigitaleducational products to | |
| assistchildren and teacherswith creative | ||
| learninqtools. | ||
| Statementconfirming | Para1.18 | Thetrusteeshave had regard to theguidance |
| whether thetrustees have | issued bytheCharity Commission on public | |
| had regard to the guidance | benefit. | |
| issued by the Charity | ||
| Commission on public | ||
| benefit |
| Additionalinformation(optional) | Additionalinformation(optional) | |
|---|---|---|
| y h toincludefurth au mayeoose I u |
tt er s a em en s |
h tbt werere evan aou: |
| SORPreference | ||
| Policvon orant makina | Para1.38 | nIa |
| Policy on social investment | Para1.38 | nIa |
| including program related | ||
| investment | ||
| Contribution made by | Para1.38 | nIa |
| volunteers | ||
| Other | nIa |
| The financial year 2020/21included several fundedprojects that | ||
|---|---|---|
| were either postponedorinitiatedas aresultofthe Covid. | ||
| pandemic. AsBombastic spans both liveartsand digital arts,the | ||
| Summaryofthe main achievementsofthe |
Para1.20 | company successfully managed to navigate and expandtheir ambitionsduring this period,with the continuationof thecompany's |
| charity,identifyingthe differencethecharity's workhas made to the |
objectivesinbothengagement andparticipationinthearts for young people, schools andfamiliesthroughdigitalweb-based projects. |
|
| circumstances of its | ||
| beneficiariesand any wider benefitstosociety as awhole. |
1.ContinuationoftheClwstwrdigitalinnovation in screen mediaR+D: Poli |
|
| ThePOllplatformR+Dcontinued through the Pandemic witha | ||
| change of focus with online usertests andtechnicalinvestigations | ||
| intothe possibilitiesofPOllasaremote learning tool. | ||
| TeacherUsertests wereimplementedonline tofurtherdevelopthe | ||
| platform,but subsequent user tests were delayed until physical | ||
| visits were allowedinschool settings andashift of focusoccurred | ||
| tothe business andcommercialpossibilities ofthe Poliplatform | ||
| duringthis time. | ||
| 2.Digi Creatives | ||
| Thisproject which beganinSwansea schoolsinJanuary 2020 | ||
| continued until March 2020 and was postponed asaresult ofthe | ||
| pandemic untilinperson/Physical visits could resumein2021. The | ||
| project didnotresumeuntilMay 2021. | ||
| **3. DIGItreats. ** | ||
| Asaresult ofastabilisationgrantfrom the ArtsCouncil ofWalesin | ||
| June2020,the company were abletoimplement andcreateanew | ||
| YouTubechannel forchildrenentitled LAUGHING BOX. | ||
| The channelfocusesoncomedy and incorporated many regular | ||
| professional Bombastic collaborators with the exciting additionof | ||
| working directly with young peopleinWales as performers to | ||
| featureinthe series. | ||
| This wasanexciting new directionforthe company toworkand | ||
| develop ideasdirectly withalarge and diverse group ofperformers | ||
| inboth English andWelsh. | ||
| Thefirstepisodes premieredinOctober 2020 andthe company | ||
| were encouraged by the audiencefigures and the international | ||
| engagement/views with the project.Alongside viewersinBritain, | ||
| there were viewersinIndia,Bolivia, Russia, Australia,America and | ||
| confirmed the realtangible possibilities of growinganinternational | ||
| digital audience for ourwork. | ||
| Summary: | ||
| 2020/21 includedanumber of both live educationalprojectsand | ||
| new digital engagement/ developmentalprojects thatoffer | ||
| diversification and newfurthersustainabilityavenuesforthe | ||
| companyin2021-2022. |
| Achievements against objectives set |
Para1.41 | nia |
|---|---|---|
| Performance of fundraising activities against objectives |
Para1.41 | nia |
| set | ||
| Investment performance aqainst objectives |
Para1.41 | nia |
| Other | nia |
| Review of the charity's financial position at the end of the perjod |
Para1.21 | Fromanopening balance of £1,898 (prior year £30,239),asurplus of£16,531(prior year deficit: £19,954) arose from income of £67,200 (prior year:£61,737)andspend of£50,669(prioryear: |
|---|---|---|
| £81,691).Theclosing balanceis£18,429. | ||
| Statement explaining the | Para1.22 | Bombasticisfunded onaproject-by-project |
| policyforholding reserves | basis based on submission of balanced | |
| stating why they are held | budgets. Thereiscurrently no core funding | |
| available and thus little opportunity to buildup | ||
| reserves. If core fundingissecured, then the | ||
| Trustees will review its reserves oolicv. | ||
| Amount of reserves held | Para1.22 | Reserves (both restricted and unrestricted |
| funds) at the year end were £ 18,429 (prior | ||
| year: £1,898). | ||
| Reasonsforholding zero | Para1.22 | nia |
| reserves | ||
| Details of fund materiallyin | Para1.24 | Nil |
| deficit | ||
| Explanation of any | Para1.23 | Nil |
| uncertainties about the | ||
| charity continuing as a going | ||
| concern |
| Bombastic's principal ongoing funderisthe | ||
|---|---|---|
| Arts Council of Wales, which supported the | ||
| Thecharity's principal | creation of the company. | |
| sources of funds (including any fund raising) |
Para 1.47 | All grant incomeisappliedforagainst criteria specified by the grant giving organisation and |
| these fundscanonly be usedforthe purposed | ||
| approved. | ||
| All expenditure incurred by the companyisin | ||
| support of the key obiects of the charity. | ||
| Investment policy and objectives including any |
Para 1.46 | nia |
| social investment policy | ||
| adopted | ||
| A description of the principal risks facing the charity |
Para 1.46 | nia |
| Other | nia |
| Description of charity's | |||
|---|---|---|---|
| trusts: | |||
| Type ofgoverning document | Para1.25 | MemorandumandArticles ofAssociation. | |
| (trust deed, royal charter) | |||
| How is thecharity | Para1.25 | Charitablecompanylimited byguarantee. | |
| constituted? | |||
| (e.g unincorporated | |||
| association, ClO) | |||
| Trusteeselectionmethods | Para1.25 | Elected. | |
| includingdetails of any | |||
| constitutional provisionse.g. | |||
| electiontá postorname of | |||
| any personor body entitled | . | ||
| toappoint one or more | |||
| trustees | |||
| Additional information (optional) | |||
| y h toincludefurth ou mayeoose o I |
tt er s a emen |
t h tbt swerere evan aou: |
|
| Policies andprocedures adoptedfortheinductionand |
Para1.51 | nia |
|
| traininqoftrustees | |||
| The charity'sorganisational structure and anywider |
Para1.51 | nia |
|
| networkwithwhich the | |||
| charityworks | |||
| Relationshipwith anyrelated parties |
Para1.51 | nia |
|
| Other | nia |
| Trustee | name | Office | (if | any) | Dates actedifnotforwhole year |
Nameofperson(orbody)entitled toappointtrustee(ifany) |
|
|---|---|---|---|---|---|---|---|
| 1 | Geraldine | Hurl |
Chair |
| Notes | Unreslri'ded | Resbi'cted | reeIfory'ear | reeIfory'ear | |
|---|---|---|---|---|---|
| funds | fUnds | 2020121 | 2019120 | ||
| £ | £: | £ | £ | ||
| Incomefrom: | |||||
| CharitabteActi'!itres | |||||
| Oigi:taJ: Innovation |
67,200 | 67,200 | 10,587 | ||
| TouringProductions | 51,150 | ||||
| EducationalProgramme | |||||
| BankInterest, | |||||
| Total Income | 67,200 | 67,200 | 61,737 | ||
| EXpenditureon: | 2&3 | ||||
| CharitabteActt'llities | |||||
| DigitalInnovation | 1,636 | 44,M2 | 46,079 | 4,056 | |
| TourtngProducttons | 150 | 1E.Q | 77,635 | ||
| Educati,QfIPlUJramme | 4,440 | 4,440 | |||
| To,tal Resources Expended | 1.636 |
49,032 | 50,669 | 81.691 | |
| Netmovementinfunds | (1,636) | 18,168 | 16,531 | (19,~.A) | |
| Reconciliation of funds | |||||
| TotaffundsbwughtforwaJid | 1,840 | 58 | 1,898 | 50,193 | |
| Total fUndscarried forward | 203 | 18,226 | 18,429 | 30,239 |
| Notes | 31NIarch2021 | 31NIarch2021 | ||||
|---|---|---|---|---|---|---|
| £ | £ |
|||||
| Current assets | ||||||
| Cash | atbank | 18,429 | 2,048 | |||
| 18,429 | 2,048 | |||||
| Creditors: | Amountsfalli'ngdue | |||||
| wtthinoneyear | 5· | (150) | ||||
| Netcurrentassetsl(li,abiliti,es) | 18,429 | 1,898 | ||||
| Net Assets | 18,429 | 1,898 | ||||
| Funds | ||||||
| Unrestnctedineornefunds | 7 | 20,3 | 1,8-40 | |||
| Restrictedincame funds | 8 | 18,226 | 58 | |||
| 18,429 | 1,898 |
| 2 | EXPENDITURE | Direct | Support | 2020/21 | 2019/20 | |
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||
| Charitable Activities | ||||||
| DigitalInnovation | 44,442 | 44,442 | 16,500 | |||
| TouringProductions | 150 | 150 | 68,857 | |||
| Education Programme | 4,440 | 4,440 | 3,087 | |||
| TotalResourcesExpended | 49,032 | 49,032 | 88,444 | |||
| 3 | SUPPORT COSTS | Governance | Management | Office | 2020/21 | 2019/20 |
| £ | £ | £ | £ | £ | ||
| DigitalInnovation | .- | |||||
| TouringProductions | 4,393 | |||||
| EducationProgramme | ||||||
| CoreCosts | 1,636 | 1,636 | 2,063 | |||
| TotalSupport | 1,636 | 1,636 | 6,456 |
| 5 | CREDITORS | 2020/21 | 2019/20 | 2019/20 | |||
|---|---|---|---|---|---|---|---|
| £ | £ | ||||||
| Trade creditors | |||||||
| Accruals anddeferred income | 150 | ||||||
| Totalcreditors | 150 | ||||||
| 6 | DEFERRED INCOME ANALYSIS | 2020/21 | 2019/20 | ||||
| IncludedwithinNote6is thefollowing | deferred income: | £ | £ | ||||
| Opening deferred Income | |||||||
| Released to theSOFA | |||||||
| Fresh incomedeferred in-year | |||||||
| Closingdeferred income | |||||||
| 7 | UNRESTRICTED FUNDS | 1Apr | 2020 | Income | Spend | 31Mar | 2021 |
| £ | £ | £ | £ | ||||
| General | 1,840 | 1,636 | 203 |
| RESTRICTED FUNDS | |||||
|---|---|---|---|---|---|
| 1Apr | 2020 | Income | Spend | 31Mar 2021 | |
| £ | £ | £ | £ | ||
| Clwstwr | (9,000) | 37,500 | 44,442 | (15,.942) | |
| Arts Council Wales | 8,609 | 29,700 | 4,440 | 33,869 |
|
| Others | 449 | 150 | 299 |
||
| 58 | 67,200 | 49,032 | 18,226 |
| 9 | FUND/ASSET ANALYSIS | Unrestricted | Restricted | 2020/21 | 2019/20 |
|---|---|---|---|---|---|
| funds | funds | total funds | total funds | ||
| £ | £ | £ | £ | ||
| Netcurrent assets | 203 | 18,226 | 18,429 | 1,898 | |
| 203 | 18,226 | 18,429 | 1,898 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | 2019/20 | |
| £ | £ | £ | |
| Incomefrom: | |||
| Charitable Activties: | |||
| DigitalInnovation | 316 | 7,500 | 7,816 |
| TouringProductions | 40,850 | 40,850 | |
| EducationProgramme | 13,500 | 13,500 | |
| BankInterest | |||
| Total Income | 316 | 61,850 | 62,166 |
| Expenditureon: | |||
| Charitable Activities: | |||
| DigitalInnovation | 2,063 | 16,500 | 18,563 |
| TouringProductions | 68,857 | 68,857 | |
| EducationProgramme | 3,087 | 3,087 | |
| Total ResourcesExpended | 2,063 | 88,444 | 90,507 |
| Netmovementinfunds | (1,747) | (26,594) | (28,341) |
| Reconciliation of funds | |||
| Totalfunds brought forward | 3,587 | 26,652 | 30,239 |
| Totalfunds carried forward | 1,840 | 58 | 1,898 |