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2022-03-31-accounts

Unrestricted Unrestricted Restricted Total
funds funds funds
2022 2021 2021 2021
Notes 8 8 6
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Donations
and legacies		 3 407,978 351,243 351,243
Charitable
activities		 5 48,040 41,431 6,752 48,183
Investments 4 2,889 1,505 1,505
Total income 458,687 394,179 6,752 400,931
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Charitable
activities		 6 453,905 385,600 6,752 392,352
Net Income for the year/
Net movement in funds 4,782 8,579 8,579
Fund balances at 1 April 2021 198,893 190,314 190,314
Fund balances at 31March 2022 203,675 198,893 198,893

Donations
and legacies
Unrestricted Unrestricted
funds funds
2022 2021
6 6
Donations
and gifts		 229,302 210,608
National
Arts government		 grants 178,676 140,635
407,978 351,243
Donations
and gifts
Arts &Business Trading Limited 71,731 67,304
Creative Intemships 59,000 40,000
CultureStep
Investment		 Programme 55,000 75,000
Prosper 12,500 'i2,500
Skills fpr Success 17,500 12,500
Impact circle 2,630 (2,750)
Raffle &Sundry 941 6,054
Arts Bursaries 10,000
229,302 210,608

Unrestricted Unrestricted
funds funds
2022 2021
6
2,669 1,505

Charitable
activities
2022 2021
6
Arts Membership 23,789 18,077
Conference/seminar fees 12,964 9,380
Arts consultancy fees 11,135 13,025
Performance
related		 grants 6,752
Sundry income 152
Creative Freelancers Consultancy fee 949
48,040 48,183
Analysis
by fund
Unrestricted
funds		 48,040 41,431
Restricied funds 6,752
Forthe year ended
Unrestricted
funds		 31 INarch 2021 41,431
Restricted funds 6,752
48,183
Performance
related		 grants
Job Retention
Scheme		 6,752
6,752

2022 2921
6 6
Staff costs 263,007 238,785
Sundry expenditure 115 1,247
Other direct costs 4,413 3,650
Premises 15,059 13,703
282,594 257,385
Grant funding ofactivities (see note 8) 169,411 133,067
Share ofgovernance costs (see note 7) 1,900 1,900
453,905 392,352
Analysis by fund
Unrestricted funds 453,905 385,600
Restricted funds 6,752
For the year ended 31 Starch 2021
Unrestricted funds 385,600
Restricted funds 6,752
392,352
7 Supportcosts
Support Governance 2022Support costs Governance 2021
costs costs costs
6 6 6 f f 6
Independent examination
fee 1,900 1,900 1,900 1,900
1,900 1,900 1,900 1,900
Analysed between
Charitable activities 1,900 1,900 1,900 1,900

2022 2021
f 6
Grants to institutions:
Grants and services to the arts, advocacy, research &events 169,411 133,067
The charity made one grant to the Investment Programme Wales during the year.

The average monthly
number ofemployees
during
th		 e year was:
2022 2021
Number Number
Permanent staff
Employment
costs		 2022 2021
8 6
Wages and salaries 229,727 210,421
Social security costs 22,891 16,152
Other pension costs 10,389 12,212
263,007 238,785

2022 2021
Number Number
260,000 - 669,999

11 Tangible
fixed assets		 Tangible
fixed assets		 Tangible
fixed assets
Computers
6
Cost
At 1 April 2021 3,369
At 31 March 2022 3,369
Depreciation
At 1April 2021 859
Depreciation charged in the year 628
At 31 March 2022 1,487
Carrying
amount
At 31 March 2022 1,882
At 31 March 2021 2,510
12 Fixed asset investments
Other
investments
Cost or valuation
At 1 April 2021 &31 March 2022
Carrying
amount
At 31 March 2022
At 31 March 2021
2022 2021
Other investments comprise: Notes 6 6
tnvestments in subsidiaries 19

13 Debtors
2022 2021
Amounts
falling due within		 one year: 6
Trade debtors 7,866 10,930
Amounts
owed by subsidiary		 undertakings 64,064 58,181
Prepayments
and accrued Income		 8
71,930 69,119
14 Creditors: amounts
falling		 due within one year
2022 2021
Notes 8 8
Other taxation snd social security 6,156 6,510
Deferred income 15 58,600 100,500
Trade creditors 5,956 3,999
Accruals 144,106 205,877
214,818 316,886
15 Deferred income
2022 2021
8
Arising from Deferred income 58,600 100,500
2022 2021
6 8
Deferred income is included within:
Current
liabilities		 58.600 100,500
Movements
in the year.
Deferred income st 1 April 2021 100,500 33,000
Released from previous
periods		 (100,500) (33,000)
Resources deferred
in the year		 58,600 100,500
Deferred income at 31March 2022 58,600 100,500

Movement Movement Movement In funds llllovement llllovement
in funds
Incomtng Resources Balance at Incoming Balance at
resources
f		 expendedf 1 April 2S21
f		 resources st March 2022
f
f
Job Retention Scheme 6,752 (6,752)
Job Retention Scheme income was received from government
to		 provide funding towards the costs of
furloughed staff.
Designated funds
The income funds of the charity include the following designated
funds		 which have been set aside out of
unrestricted funds by the trustees for specific purposes:
Movement in funds
Balance at 1 Incoming
Resources		 Transfers Balance at 31
April 2021f resources
expended
f		 f March 2022
f
Designated 142,811 (27,135) 115,676
142,811 (27,135) 115,676
Designated Funds
The designated fund as detailed in the trustee report represents
3 months		 operating costs reserves.
Analysis of net assets between funds
Unrestricted Unrestricted Restricted Total
funds funds funds
2022
f		 2021
f		 2021 2021f
Fund balances at 31 March 2022 are represented
by:
Tangible assets 1,882 2,510 2.510
Investments 1 1
Current assets/(liabilities) 201,792 53,571 196,382
203,675 56,082 198,893

Detafis ofthe charity's sub sidiaries
at 31 Ma		 sidiaries
at 31 Ma		 rch 2022 a re as foficws:
Name ofundertaking Registered Nature ofbusiness Class of 'A Held
office shares held Direct Indirect
Arts 8 Business Cymru England and Trading arm ofcharity Ordinary 100,00
Trading Limited Wales

Analysis of net assets between funds -previous year
Unrestricted Designated Restricted Total
funds funds funds
8 8
Fund balances at 31 March 2021 are
represented
by:
Tangible assets		 2,510 2,510
Investments 1 1
Current assets/(liabfiities) 53,571 142,811 196,382
56,082 142,811 198,893

2022
8		 2021f
Within one year 9999 11,147
Between two and five years 7,220
9,999 18,367