2023-03-31-accounts - Bombastic Ltd

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	`SORPreference`
`Summaryofthepurposesof\| Para1.17`		`Toadvancetheeducationofthepublicin`
`thecharityassetoutinits`		`theartofdancetheatre,newmedia`
`governingdocument`		`performancesandworkshopsprimarily`
		`amongstyoungpeopleinWales,`
		`particularlytoregionsdeemedpriority`
		`areasbytheWelshGovernment.`
`Summaryofthemain` `asd,` `;` `activitiesinrelationtothose`	`Para1-17and` `1.19`	`eCreationoftheatricalanddigitalprojects` `;` `foryoungpeopleexploringtheinterface`
`purposesforthepublic`		`betweenliveartsanddigitalarts.`
`benefit,inparticular,the`		`eProjectlinkededucationalworkshopsin`
`activities,projectsor`		`schoolsandcommunities.`
`servicesidentifiedinthe`		`eCreationofdigitaleducational products`
`accounts.`		`toassistchildrenandteacherswith`
		`creativelearningtools.`
`Statementconfirming`	`Para1.18`	`Thetrusteeshavehadregardtothe`
`whetherthetrusteeshave`		`guidanceissuedbytheCharity`
`hadregardtotheguidance`		`Commissiononpublicbenefit.`
`issuedbytheCharity`
`Commissiononpublic`
`benefit`

`Summaryofthemain`		`Inthefinancialyear2023/24Bombastic`
`achievementsofthe`		`continuedtoexpandtheirinnovativework`
`charity,identifyingthe`		`withdigitalmediaforyoungpeoplein`
`differencethecharity’s`	`ParatO`	`WaleswithDIGITREATS2 andthe`
`workhasmadetothe`	`,`	`developmentofworkingwithyoungWelsh`
`circumstancesofits`		`creativesandthecreationofdigital`
`beneficiariesandany`		`contentforyoungpeopleinWales,UK`
`widerbenefitstosociety`		`andtheworld.` `Itcontinuedtobeoneofthe`
`asa whole.`		`company’smainobjectivesbyoffering`
		`uniqueandempoweringengagementand`
		`participationintheartsforyoungpeople`
		`throughdigitalweb-basedprojectsandthe`
		`companycontinuedtosignificantlyexpand`
		`theirreach.`
		`DIGITREATS2:Thedigitalproject`
		`activityspanned2023andwascompleted`
		`byFeb2024andfocussedonthedigital`
		`platformsofanEnglishlanguageYouTube`
		`channelLAUGHINGBOXandtheWelsh`
		`languageversionofBOCSLOL.`
		`Oneofouroverridingaims/objectiveswas`
		`tostarttoproducebilingualcontentfor`
		`socialmediaplatforms,alongside`
		`YouTube,toexpandthecreative`
		`possibilitiesforBombastic’sworkwith`
		`youngpeoplefromWalesaged7-16years`
		`oldonthecreationofnewcomedycreated`
		`withandforyoungpeopleinWelsh,`
		`Englishandbilinguallyforyoungpeoplein`
		`WalesandtheWorld.Thiswasa big`
		`successforthecompanywithconfirmation`
		`thatviewersandyoungpeopleare`
		`intrigued,interestedandimportantly`
		`investedintheworkandalso`
		`demonstratedclearinternational`
		`dimensionwithviewsfromNorthAmerica,`
		`Brazil,Venezuela,Australia,India,`
		`Malaysia,Indonesiaandmanyother`
		`countries.`
		`Weworkedacrosssocialmediaplatforms`
		`(INSTAGRAM/TIKTOKandYOUTUBE)`
		`andsignificantlydevelopedourpresence`
		`andvisibilityinthedigitalworld.We`
		`accumulated41,670viewswith6321likes`
		`onINSTAGRAMandreceivedviewsof`
		`over75,582with5000likesonTikTok.`
		`TheLAUGHINGBOXnewepisodes`
		`createdforYouTubereachedover27,398`
		`ViewswiththeTotallikesof14,341and`
		`theviewingfiguresforprevious`
		`LAUGHINGBOXalsogrewa further6000`
		`views.OurWelshlanguageBOCSLOL`
		`episodeshaveamassedmorethan3800`

`viewsandover1000likesandnewBOCS`
`LOLepisodescreatedthroughtheproject`
`haveamassedover3900viewsand1800`
`likesandisa clearindicatorthatourwork`
`isbeingenjoyedandwatchedbyyoung`
`Welshaudiences.`
`Weaccumulatedonour socialmedia`
`platforms,thecombinedviewingfiguresof`
`152,350viewsandover28,480likes.`
`Weworkedwithover25youngWelsh`
`creatives(7-16)andemployedover15`
`professionalfreelancecreatives.The`
`youngWelshcreativeswerefromthese`
`areas:Merthyr,GlynnNeath,EastCardiff,`
`Swansea,Aberdare,Treorchy,North`
`Cardiff.Bombasticplantodevelopfurther`
`theirdigitalworkforandwithyoungpeople`
`furtherin2025.`
`Thecompanyalsostartedtoplantocreate`
`live/outdoorworkforfamiliesin2024asa`
`newapproachtofamilyandaudience`
`engagementandwillbegininMay2024`
`witha newoutdoorcommissiontotourin`
`Wales.`
`Summary:2023/24sawa` `significant`
`evolutioninthecompany’sobjectives`
`throughexploringthepossibilitiesand`
`fusionbetweencreatingworkwithandfor`
`youngpeopleinWalesanddigitalarts.`
`Thecompanycontinuedtocreatehigh`
`qualityandengagingbilingualdigital`
`contentthatamassedmorethan152,350`
`viewsandover28,480likesandhas`
`encouragedBombastictofurtherdevelop`
`ourcollaborativedigitalworkwithyoung`
`peoplein2025andbeyond.`

`Additionalinformation(optional)`	`Additionalinformation(optional)`
`Youmaychoosetoinclude`	`furtherstatements`	`whererelevantabout:`
`Achievementsagainst` `.` `.` `objectivesset`	`Para1.41`	`n/a`
`Performanceoffundraising` `aye` `‘` `‘` `;` `activitiesagainst objectives`	`Para1.41`	`n/a`
`set`
`Investmentperformance` `F` `‘` `‘` `againstobjectives`	`Para1.41`	`n/a`
`Other`		`n/a`

`Reviewofthecharity’s`	`Para`	`1.21`	`Bombastic’sturnoverfor2023-24financial`
`financialpositionattheend`			`yearisbasedonanincomelevelof£5000`
`oftheperiod`			`(prioryear:£49,300)andexpenditureof`
			`£28255(prioryear:£21,631).`
			`Our operatingsurplusis£6074(prioryear:`
			`£27,669)foryear-end2024.`
			`Therewasa broughtforwardfigureof`
			`£29329fromtheprioryearcarriedforward`
			`intothe2023-24accountingperiodof`
			`which£28958isdesignatedfundsand`
			`£3771` `isunrestricted.`
`Statementexplainingthe`	`Para`	`1.22`	`Bombasticisfundedona project-by-project`
`policyforholdingreserves`			`basisbasedonsubmissionofbalanced`
`statingwhytheyareheld`			`budgets.Thereiscurrentlynocorefunding`
			`availableandthuslittleopportunitytobuild`
			`upreserves.` `Ifcorefundingissecured,`
			`thentheTrusteeswillreviewitsreserves`
			`policy.`
`Amountofreservesheld`	`Para`	`1.22`	`Reserves(bothrestrictedandunrestricted`
		`4`	`funds)attheyear-endwere£6074(prior`
			`year:£29329).`
`Reasonsforholdingzero`	`Para`	`1.22`	`n/a`
`reserves`
`Detailsoffundmateriallyin`	`\|Para`	`1.24`	`Nil`
`deficit`
`Explanationofany`	`Para`	`1.23`	`Nil`
`uncertaintiesaboutthe`
`charitycontinuingasa going`
`concern`
`dditionalinformation(optional)`
`oumaychoosetoincludefurtherstatements`			`whererelevantabout:`
			`Bombastic’sprincipalongoingfunderisthe`
			`ArtsCouncilofWales,whichsupportedthe`
`Thecharity’s principal` `sourcesoffunds(including`	`\|Pa"`	`1.47`	`creationofthecompany.`
`anyfundraising)`			`Allgrantincomeisappliedforagainst`
			`criteriaspecifiedbythegrantgiving`
			`organisationandthesefundscanonlybe`
			`usedforthepurposedapproved.`
			`Allexpenditureincurredbythecompanyis`
			`insupportofthekeyobjectsofthecharity.`
`Investmentpolicyand` `objectivesincludingany`	`Para`	`1.46`	`n/a`
`socialinvestmentpolicy`
`adopted`
`risksfacingthecharity` `Adescriptionoftheprincipal`	`Para`	`1.46`	`n/a`

`Descriptionofcharity’s`
`trusts:`
`Typeofgoverningdocument\| Para1.25`		`MemorandumandArticlesofAssociation.`
`Howisthecharity`	`Para1.25`	`Charitablecompanylimitedbyguarantee.`
`constituted?`
`Trusteeselectionmethods`	`Para1.25`	`Elected.`
`includingdetailsofany`
`constitutionalprovisionse.g.`
`electiontopostornameof`
`anypersonorbodyentitled`
`toappointoneormore`
`trustees`

`Additionalinformation(optional)`	`Additionalinformation(optional)`
`Youmaychoosetoincludefurtherstatements`		`whererelevantabout:`
`Policiesandprocedures` `adoptedfortheinduction`	`Para1.51`	`n/a`
`andtrainingoftrustees`
`Thecharity’sorganisational` `structureandanywider`	`Para1.51`	`n/a`
`networkwithwhichthe`
`charityworks`
`Relationshipwithanyrelated` `parties`	`Para1.51`	`n/a`
`Other`		`n/a`

`Charityname`	`BombasticLimited`
`Othernamethecharityuses`	`n/a`
`Registeredcharitynumber`	`1121380`
`Charity’sprincipaladdress`	`185RailwayStreet`
	`CardiffCF222NB`
`Registeredcompanynumber`	`06138214`

					`Nameof`
`Trusteename`	`Office(if`	`any)`	`Datesactedif` `year`	`notforwhole`	`person(or` `body)entitled` `toappoint`
					`trustee(ifany)`

	`Notes`	`Unrestricted`	`Unrestricted`	`Restricted`	`Restricted`	`Restricted`	`Total`	`foryear`
		`funds`		`funds`			`2023/24`	`2022/23`
		`£`		`E`			`E`	`£`
`Incomefrom:`
`CharitableActivitias`
`Digital!Innovation`			`-`		`§,000`		`5,000`	`48,300`
`TouringProductions`			`-`			`-`	`-`	`-`
`EducationalProgramme`			`-`			`-`	`-`	`1,000`
`BankInterest`			`-`			`-`	`-`	`-`
`TotalIncome`			`-`	`§,000`			`6,000`	`49,300`
`Expenditureon:`	`243`
`CharitableActivities`
`DigitalInnovation`			`147`	`28,108`			`28,255`	`19,631`
`TouringProductions`			`-`			`-`	`-`	`-`
`EducationProgramme`			`-`			`-`	`-`	`2,000`
`TotalResourcesExpended`			`147`	`28,108`			`28,255`	`21,631`
`Netmovementinfunds`			`(147)`	`(23,108)`			`(23,255)`	`27,669`
`Reconciliationoffunds`
`Totalfundsbroughtforward`			`371`	`28,958`			`29,329`	`1,660`
`Totalfundscarriedforward`			`224`		`5,850`		`6,074`	`29,329`
			`Boombastic`
	`Balance`	`Sheet`	`asat31st`		`March`		`2024`
		`Notes`	`31`	`March`		`202`	`4`	`31March`	`2023`
			`£`				`E`		`E`
`Currentassets`
`Cashatbank`				`6,074`				`29,329`
`Debtors`		`4`		`-`
				`6,074`				`29,329`
`Creditors:` `Amountsfalling`	`due`
`withinoneyear`		`6`		`-`
`Netcurrentassets/(liabilities)`									`29,329`
`NetAssets`							`6,074`		`29,329`
`Funds`
`Unrestrictedincomefunds`		`8`					`224`		`371`
`Restrictedincomefunds`		`9`					`5,850` `6,074`		`28,958` `23,329`

	`EXPENDITURE`	`Direct`	`Direct`		`Support`		`2023/24`	`2022/23`	`2022/23`
	`ChartableActivities`	`£`			`£`		`£`	`£`
	`DigitalInnovation` `TouringProductions`		`28,108` `-`		`-` `-`		`28,108` `-`		`19,610` `-`
	`EducationProgramme`		`-`		`-`		`-`		`2,000`
	`TotalResourcesExpended`		`28,108`		`-`		`28,108`	`21,610`
	`SUPPORTCOSTS` `Governance` `Management` `£` `E` `DigitalInnovation` `-` `-`				`Office` `E` `=`		`2023/24` `£` `4`	`2022/23` `£` `-`
	`TouringProductions`	`-`	`“`		`*`		`a`		`r`
	`EducationProgramme`	`-`	`~`		`“`		`“`		`»`
	`CoreCosts`	`124`	`22`		`-`		`147`		`21`
	`TotalSupport`	`124`	`22`		`=`		`147`		`21`
	`OTHERTRANSACTIONINFORMATION`
	`Thecharilydogsnotemployanystaffand,ascommon` `extensiveuseoffreelancecontractors.`		`fora`	`projectbased`		`arls`	`company,makes`
	`Therewerenomaterialwaivedtrustee`	`expenses.`
	`DEBTORS`						`2023/24`	`2022/23`
	`Tradedebtors`						`£` `-`		`£` `-`
	`Totaldebtors`						`-`		`-`
	`CREDITORS`						`2023/24`	`2022/23`
	`Tradecreditors`						`£` `7`		`E` `-`
	`Accrualsanddeferredincome`						`-`		`«`
	`Totalcreditors`						`-`		`-`
	`DEFERREDINCOMEANALYSIS` `IncludedwithinNote6 isthefollowingdeferredincome:`						`2023/24` `£`	`2022/23` `£`
	`OpeningdeferradIncame`						`ie`		`-`
	`ReleasedtotheSOFA` `Freshincomedeferredin-year`						`-` `“`		`-` `-`
	`Closingdeferradincome`						`=`		`-`
	`UNRESTRICTEDFUNDS`	`1Apr2023`			`Income`		`Spend`	`31Mar`	`2024`
				`£`		`£`	`£`		`E`
	`General`		`371`		`-`		`147`		`224`
	`RESTRICTEDFUNDS`	`1Apr`	`2023`		`Income`		`Spend`	`31Mar`	`2024`
	`Ciwstwr` `ArtsCouncilWales` `Others`	`£` `747` `26,394` `1,817`			`5,000` `-`	`£`	`£` `26,105` `-`		`£` `v4?` `3,286` `1,817`
		`28,958`			`5,000`		`28,108`		`5,850`
	`FundingfromCiwstwristoresearchanddevelopa newdigitaleducationalplatform,` `TheArsCouncilWalesfundingistoenabletouringproductionsandtheCreativeCollaborations` `aductionprogramms.`
	`Thefundingfrom‘Others’representscontributionsfromvenues`				`andtheAdamsdownproject.`
`10`	`FUND/ASSETANALYSIS`	`Unrestricted`			`Restricted`		`2023/24`	`2022/23`
			`funds`		`funds`		`totalfunds`	`total`	`funds`
			`£`			`£`	`£`		`£`
	`Netcurrentassets`		`224`		`5,850`		`6,074`	`29,3929`
			`224`		`5,850`		`6,074`	`29,329`

		`Unrestricted`	`Restricted`	`Total`
		`funds`	`funds`	`2022/23`
		`£`	`£`	`E`
`Incemefrom:`
`CharitableActivities:`
`DigitalInnovation`			`48,300`	`48,300`
`TouringProductions`			`-`	`-`
`EducationProgramme`			`1,000`	`1,000`
`BankInterest`		`-`	`-`	`-`
`TotalIncome`		`-`	`49,300`	`49,300`
`Expenditureon:`
`ChartableActivities:`
`DigitalInnovation`		`21`	`19,610`	`19,631`
`TouringProductions`		`-`	`-`	`-`
`EducationProgramme`		`-`	`2,000`	`2,000`
`TotalResourcesExpended`		`21`	`21,610`	`21,631`
`Netmovementinfunds`	`-`	`(21)`	`27,690`	`27,669`
`Reconciliationoffunds`
`Totalfundsbroughtforward`		`393`	`1,267`	`1,660`
`Totalfundscarriedforward`		`372`	`28,958`	`29,329`