## 

||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<br>activitiesinrelation to those|Para1.17 and<br>1.19|• Creation oftheatricalanddigitalprojects for<br>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<br>h<br>t**o**i**nc**l**u**d**e**furth<br>au mayeoose<br>I<br> <br>u|<br>tt<br>er s a em en s|h<br>tbt<br> 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<br>achievementsofthe|Para1.20|company successfully managed to navigate and expandtheir<br>ambitionsduring this period,with the continuationof thecompany's|
|charity,identifyingthe<br>differencethecharity's<br>workhas made to the||objectivesinbothengagement andparticipationinthearts for<br>young people, schools andfamiliesthroughdigitalweb-based<br>projects.|
|circumstances of its|||
|beneficiariesand any<br>wider benefitstosociety<br>as awhole.||**1.Continuation**ofthe**Clwstwrdigitalinnovation in screen**<br>**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<br>against<br>objectives set|Para1.41|_`nia`_|
|---|---|---|
|Performance of fundraising<br>activities against objectives|Para1.41|_`nia`_|
|set|||
|Investment performance<br>aqainst objectives|Para1.41|_`nia`_|
|Other||_`nia`_|



## 

|Review of the charity's<br>financial position at the end<br>of the perjod|Para1.21|Fromanopening balance of £1,898 (prior year<br>£30,239),asurplus of£16,531(prior year deficit:<br>£19,954) arose from income of £67,200 (prior<br>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<br>any fund raising)|Para 1.47|All grant incomeisappliedforagainst criteria<br>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<br>objectives including any|Para 1.46|_`nia`_|
|social investment policy|||
|adopted|||
|A description of the principal<br>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<br>h<br>toi**nc**l**u**d**e**f**u**rth<br>ou mayeoose o I<br>|<br>tt<br>er s a emen|t<br>h<br>tbt<br>swerere evan aou:||
|Policies andprocedures<br>adoptedfortheinductionand|Para1.51|_`nia `_||
|traininqoftrustees||||
|The charity'sorganisational<br>structure and anywider|Para1.51|_`nia `_||
|networkwithwhich the||||
|charityworks||||
|Relationshipwith anyrelated<br>parties|Para1.51|_`nia `_||
|Other||_`nia `_||



## 


||Trustee|name|Office|(if|any)|Dates actedifnotforwhole<br>year|Nameofperson(orbody)entitled<br>toappointtrustee(ifany)|
|---|---|---|---|---|---|---|---|
|1|Geraldine|<br>Hurl|Chair|||||






## 


## 

## 

## 

## 

## 

## 






## 

## 



## 

## 

||**Notes**|**Unreslri'ded**|**Resbi'cted**|ree**Ifor**y'ear|ree**Ifor**y'ear|
|---|---|---|---|---|---|
|||**funds**|**fUnds**|**2020121**|**2019120**|
|||£|£:|£|£|
|**Incomefrom:**||||||
|CharitabteActi'\!itres||||||
|Oigi:taJ:<br>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|<br>33,869|
|Others||449||150|<br>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|





## 

##