REGISTERED col￿PANy NUMBER: 07779153 (England and Wales) REGISTERED CHARITY NUM8ER: 1146560 Chort8ied Accountonts Report of the Trustees and Audited Financial Statements for the Year Ended 31 March 2022 for Llenyddiaeth CymrulLiterature Wales (A Company Limited by Guarantee) CorUTf Goie BuJrpss r¥rt Cc*dlt CF23 8A4 •ABJUR8hQ' 2911212022 COMPANIES HOUSE #220 business polentiol-unleashed Llenyddiaeth CymrulLiterature Wales Contents of the Financial Statements for the Year Ended 31 March 2022 Page Report of the Trustees 1 to 43 Report of the Independent Auditors 44 to 47 Statement of Financial Activities 48 Balance Sheet 49 to 50 Cash Flow Statement 51 Notes to the Cash Flow Statement 52 Notes to the Flnanclal Statements 53 to 70 Detailed Statement of Financial A¢tivities 71 to 72 Cymw LiieraDJq Literature Wales Annual Report & j Accounts 2021/202 For the year ended h 2022 Llenyddiaeth Cymru Literature Wales Cymnt Liietotwo woies Introduction Literature Wales is the national company for the development of literature. Our vision 15 a Wales where literature empowers. improves, and brightens lives. We will inspire communities, develop writers, celebrate the literary culture of Wales by increasing the accessibility and impart of creatlve writing for participants, and enable eady Cdreer writers to engage with opportunities and strengthen the range. reach and reputation of Wales, wrtters. Contents Statement by the Chair of the goard ol Directors and the Interim CEOS............................... Perfomiance Summary.......................................................................-................ . Our year in number5....................-.-..........-.-..-....-....-...-.....-.-.-.-..................... Expenditure on Wrf(ers and Artists. Our Year in Money........-.......-.-.-......-..-..-.......-....................... Our Activity...................................................................... .. Health and Well-being...................................................... Children and Young People.................................................................................................. .10 .12 Representation and Equality-...................... ....................... Wales. Literary Culture..........................................................-...-................................. Writer Development......................... . ........ participation..................-.-.....-.-.-.........-.........-............................. .... .14 .16 .18 .20 Operations............................................................................-....-............ Fundraisin8.................-...-.......-....-....-..............-.............................. .22 .23 Communications ... .25 onitoring & Evaluation........-...........-.......-.....-..............................:........... . Ty Newydd 2021122...................... .27 .29 .31 Governance & Sertor conSu￿at•0n................................................... . .33 sector Facilitation. .35 Risk........................................................................................................................... .36 Finance.......-....................... .37 Our Partners................................................................................-.......... . .38 Strurture. G¢¥ernance and Managemenl............................................................................ .39 Cyrnru wo*5 Statement by the Chair of the Board of Direclors and the Interim Chief Executive Officers of Literature Wales We are proud to p￿sent this annual report, detailing our attivtties and operation5 for the year 2021- 22. ag we continued to inspire communities. develop writers, and celebrate Wales. literary culture whilst also developing our new strategy for 2022-25. We beBan the year in the spring of 2021 by bidding farewell to our Chair, Kate North, and welcoming a new Chair. Cathryn Charnell-whtte; an(1 we ended the year in the spring of 2022 by saying goodbye to Lleucu Siencyn, our long-standing CEO of nearty eleven years. Once more it has been a year of challenges and change, yet tt has also been a year of opportunities and success for our organisation. Leu5a Llewelyn and Claire Furlong stepped into joint interim CEO roles in April 2022 to lead the organisation and launch tts new Strategic Plan 2022-25. Throughout the year, preparations were made to research, consult. and develop thi5 new StrategTrc Plan. Directors and the whole team of staff took part in its development, in consultation with Cfltical Friend$ and stakeholders, creating a vision for literature in Wales based on shared values and a belief that literature empowers, improves, and brightens lives. The new strategic plan build5 on the strengths of the last strategic plan, placing representation and equality front and centre of all our work. and also includes a new focus on climate emergency. Itis designed to enable u5 to stay agile and shape an exciting and innovative future for our or8ani5ation and. more importantly, for our literary culture and communities. COVID-19 continued to pose challenges for us and our sector during the year a5 face-to-face actwity still proved difficult in ihe face of rising cases and uncertainty. However. some positive learning points were implemented for the long term durire thi5 period. 5pecificalty how to ￿8¢h new audiences in an accessible way and how to emphasise the power of literature to change live5 for the better. Virtual T* Newydd courses allowed the trialling of new tutors, and enabled us to reach new audiences across Wales, the UK and globally. To mark two years Since the first lock(lown, and to remember those lost to Coronavirus, the Welsh Government created a video of a commission poem by our National Poet. Ifor ap Glyn. The video was tweeted b First Minister Mark Drakeford and shared by Welsh Government on Facebook. As the (langer of the pandemic abated. some highlights of resumed face to face artivities included some strategic course5 at Ty Newydd. Books for All was a five-day residential course offered free of chars.e for Wales-based writers of colour taught by Patience Agbabi and Jasbinder Bilan on how to writefor children and young people- and some notable Welsh language events took place including our annual Cwrs Olwen in partnership with Urdd Gobaith Cymru for the young literary winners, and GiiJyfGerallt. Cymdeithas Barddas, annual poetry festival. Ty Newydd's 2022 programme of courses was launched in January 2022. noting the return of normality after pausing the programme for two vears. Other artistic highlights included working with the BBC on the Wales Book of the Year radio programmes. ensuring a wider audience for the Prize as the announcements were broadcast to the nation. Both winners, Catrin Kean and Megan Angharad Hunteras well as many others on the shortlists in both Welsh and Engl￿h, have benefitted from numerous writer development programmes, and they a￿ both great examples of case studies of the writer development pathways. Lien￿￿001￿ Cym+ Woie5 Our new lottery-funded programme, Representingwales, began in April 2021. offering an intense 12- month writer development programme for a cohort of 12 writers of colour. An exciting range of mentors featuring some of the most engaging and high-profile writers in their f ield were announced to SUPPOrt the cohort, including Malika Booker. Inua Ellarns. Abi Morgan, Alastair Reynolds, Manon Steffan Ros, and Michael Rosen. During the year, the application window for the second iteration of Representing Wales was launched. aimed thi5 time at writers from low-income backgrounds. and attracted 95 applic3tions.frorn all over Wales. Durin8 the year, following a new proces5 of open call out5. the search for our two new cultural ambassadors. Bardd Plant Cymru and Children's LaU￿ate Wales, was successful and we welcomed Casi Wyn and Connor Allen to the roles- two inspiring role models for young au(liences and writers. The laureates will collaborate more tlosety than prevlous role-holders. and contribute towards nurturinga healthier, more creative. and more diverse generation of readers and writers across Wales. Similarly. for the first time everwe launched an open call out for nominations for the National Poet of Wales role and after a competitNe process are thrilled to be working with Hanan Issa from 2022-25 We were very pleased to be able to continue to work closely with the former Children's Laureate Wales. Eloise William5. as she began heryear-long wrrter-rn-residence atTonyrefail Community School in Rhondd3 Cynon Taf, working with pupils who live with anxiety and other mental health challenges. This project, funded by" First Campus. offered Literature Wales an opportunity to work more strategically with a school to gather more in-depth evidence of the benefits of a long-term writers-in- residence which we hope will inspire other schools to deliver similar project5 in future. Two othèr core projects were launched anew this year, including the-1nspiring Communities Fund (formerly known as Writers on Tour Funding Scheme) and our Wrrters of Wales D1￿Ctory. These projects aim to showcase and celebrate the dNerse writers of Wales and offer grassroots literary organisations funding to host and employ these"writers irnsthoob and communities across Wales. Several projerts were held in partnershipwith excitingorganisationswho share our priorities including Natur a Ni, a poet-in-residence project in collatvjration with Natronal Resources Wales, tasked with responding to a public consulration regard4ng the climate emergency,. and a new series of Plethulweave videos with National Dance Company Wales featuring collaborations between writers ahd dancers including Marged Tudur. Ffion Campbell-Davle5.-Jaffrin Khan, Patrick Jone5. Richard Chappell, and Kai Tornioka. Literature Wales. reswnses to the Constant￿ changing world over the past year- living through the pandethic. the rising cost of INing, and climate emergenc¥ - have highlighted the Profound impact engagin8 in literature can have on writers and audiences and have also renewed our commitment to our vision of a world where literature empowers. improves, and brightèns lives. We are confident that the work we do, collertively and collaboratively. help5 make Wales a better place and provides hope for the future of the country and its writers. CkLJ LA LL4 Cathryn Charnell-white Chair Claire Furlong Interim Joint CEO Leusa Llewelyn Interim Joir)t CEO Cyr¥u LJteroiuF• woies Perform Su,mm. Llenyddiaelh Cymru Literolure Woles Lienhthi¢lh Cyfflru Liieiotw• Woles Our Year in Numbers 2021/2022 151,970 14,264 1,339 porticiptJDts ond ouoiencè mernbers hove engoged with ovr octwity Iincluding Uigitollyl pÈopiÈ substribed to- Literoture Woles. newsletter. 241 in the Welsh longuo9e. ond 1.098 in En91ish. uniqve po9e view5 of our online write¥ development Inforrnation houfs of sector focilitotion hos been delivered 375 347 181 13 creative and professional opportunit*È5 for early. caieer wiiters were creoted individuu15. groups ond or9onisotioAs.received in-kind support creotive porticiponts hove been diiected to our writer developfflent opportunities youn9 W¥lters lage(J 16-301 were provided with svstoined support throu9n our activity 54 34 13 portnèr-led projects were supported by us us o foci14Tr.Otor or secondoryportner commissions oworded to estoblished writers by othefs through our inlervenlion new self-run literory proRects in oreos of need were stirnulnlgd_. througn our support of collobo¥otive pttrtnÈrships outside of wttre exchonged y4. Lienyddioeih Cymrv Lileraiuie Woies Liitfotuie Woies Expenditure on Writers and Artists 2021/2022 ENvlwlh)n Other Artist Fee5 Grants to IndivKluois and tr9oThsotions 18.5% Wiitws. Fees and ExpÈnsès 71.8% Lienyddiaeth Cymfu Literolure V.*oles Cymj Literaluf• Wolts Litieratiu re Our Year in Money 2021/2022 Port.icinat*ion Wr,iter Development Literary ulture £93,875 / 1:. £247,414 ,Op.er,ational ,y',C"osts:: Grants FundRaising Y- .*Figvres !ol.per.iod.Apfil.2024 Lly.y.dlioeth".@rprE]* lule'vloles Cyfflv Literolwe w¢ies 2021/2022 UenwJJKie Lispratu WulÈS Healt,h Our Year 2021/2022 The coronaviru5 pah"demic saw inc￿a$1ng p￿s$￿Te$ on health services, and whilst h"avigating recovery plans. Wales noticed an increase in feelin of loneliness especial￿ within individua15 Wlth intersertional characteristics, meaning they were more likely to ex rience fvrther •ne ualitie5 within health and social care settin . As we continue to adapt our seNices, it was clear that the arts, and in particular literature has a role in addressin this imbalance. Leaning on the expertise of partners, Literature Wales wa5 able to support at r￿k communities to explore, understand and build resilience of their circumstances. Our Writer Commissions project. in partnership wrth th"è.Royal College of Psychiatrists in Wales, focused on creative.writing projects for Fjeople on low incomes with a focus on mental health. for example. Artistic activity for young people and their families who have experienced mental health trauma started wtthin our activity in partnership with Newport Mind- Piece by Piece. As a go31, Health and Wellbeing can arguably feature in most, if not all our artwity. An example of this comes wiihin ourcore activity when Creative Conversations a series of free events to support writers, began in February on the subject Writing for Well-being. Strategy By understanding and actualizing the various ways literature can contribute positively to the nètion's healih and well-being and by advocating this to other organisatK)ns and institutions beyond the arts sector, we will improve the lives of people in Wales. hts 45 258 sess￿￿$ ron ocr0s5 Neèo" It MirKI. Creoiive Coweisoii(M)s ortd Ar y Oibvn ptsriiciponisvJere reachedo¢ross heollh ono weMDeiry otknlies IroiniTrJ sessws on£1 I ' c¢¥n5dlin9 ses$￿Tr w05 Ovmiea io ortists Activity Hi ht:Ar Dib Ar v Dibyn is a project that offers series of ¢￿at[ve workshops for individuals affected by addiction. The emphasTrs of the project is on promoting participants. self-esteem and creativity in a series of short and imaginative tasks. There are no wrong answers, only possibilities and a chance to see the best in each other. The project is led by Theatr Genedlaethol Cymru, in partnership with Literature Wales, Adra IHousingl and4ead artist lola Ynyr wÉth the support of the N¢rth Wales Area-Substan¢e 10 Cyffrf Litèiotu Vloles Misuse Planning Board. The project received the support of the Health. Arts. People Resear¢h IHARPI program in 2021- 2022. funded by the Arts Council of Wales and Y Lab (Cardiff University and Ne5tal. hen IAeel low I know thot when I come to the writin9 session I know thot I willjeel ok with everything- Tr.articipant, 2021 Between April 2021 and March 2022, Ar y Dibyn hekl 37 workshops, three of which were formatted as taster workshops, to allow vulnerable participants to access the arts in a relaxed and pressure less environment. Artists also held 6, 1-2-1 sessions with participants, to concentrate on their artistic development. Two training sessions were held for artists. and all staff. participants and artists were offered free counselling sessions as part of the project to maintain wellbeing for all. -when Ifeel vulneroble Icome here ondleel refreshed ond happierwith thing5 ondfeellike I can deol with things better.- -Participant 2021 Learnin Points and The Future Due to the coronavirus pandemic. some activity, such as Newport Mind. Piece by Pie¢e was delayed or put on hold. We found that some vulnerable groups did not easity adapt to an online format, due to C051 and growing anxiety of external events. This is something to take note when planning activity for vulnerable groups io the future. In Ar y Dibyn, a succesknul model of safeguarding was implemented through free counlelling sessions. However. some members noted they felt uncomfortable to receive this. due to having a working relationship with the counsellor offered. In futu￿ activity, we will aim to supply and advice a range of options for support to ensure equal access for all. In the upcoming year 120221231 we will aim to gain strong partnerships with organisations that specialise in hea￿h and wellbeing (such as health boards) to ensure any participants will receive a well- rounded experience of creative output alon85ide specialist support. 11 CyThv wo •hildren Our Year 2021/2022 People We believe In nLJrturing• healthier, more C￿atIVe, and rn0￿ diversegeneration of readRrs an(1 writers across Wales. We do this primarily through our Bardd Plant Cymru and Children's Laureate Wales projects and by helping to fund lrterary events in 5thoobs across Wales through our Insp4ring Communities Fund. The year saw us saying farewell to Eloise Willi￿5 and Gruffydd Owen as our Children's Lov￿8te Wales and 8ardd Plant Cymru and welcoming two new poets into the role5- Connor Allen and Casi The projects, format wa5 revised during the year and both roles attracted a high and diverse number of applications during the public call-out. The chosen Laureates have both set out clear mission5 for their tenu￿ with both sharing the vision of expanding chtldren and young people'5 acces5 to literature and increasing children and young people's enjoyment of poetry. Strate By increasing accessibility to and conveying the joy of creative writing and reading for children and voung people, and developing a cohort of talented young writers, we will makè￿3 significant contribution to improvin8 the lives and well-being of the future generations of Wales. hts 1,100 950 £1,560 vnK4ue (j￿1t0¢ views ocross Chiloren's Lauieote Woles oThJ eoroa Honi Cymiu Sludents Pfyaicipote in Chil(Jren's LourEole and Bo¢drJ Plont ott¢vity ros oeengivenionwp fo=ililote literory oclmty for Ch￿dren ond young people the lftsTriin9 C(¥rThunities Fun(J Activit H ighlight: Children's Laureate Wales Children's Laureate Wales worked in partnership with National Trust Cymru to support the launch of this yearfs #Blossomwatch campaign in Wales at an event at the Senedd on Wednesday 16 March 2022. The annual eampaign encourages people to share the joy of connecting with nature and to consider the importance of caring for it. To celebrate the 2022 launch of #Blossomwatch in Wales, Children'5 laureate Wales, Connor Allan composed a new wem entitled In these times,. The poem was inspired by a workshop with students at Penyrheol Primary School, in Gorseinon, Swansea. Four of the young pupils attended the Senedd event to hear the premiere reading of the poem and had a tonversation with Connor and Sian Uoyd about their experience of the poetry workshop and being invofved in planting blossom trees. 12 Cymi Liiefatuie Woies The partnership marked the beginning of Literature Wales. efforts to thematically incorporate the climate emergency into existing projects. and to emw)wei young people to creatively express their worries and hopes about the future of our planet. Learnin Points and the Future Learning to balance the value of reachin8 a higher number of children with more intensive projert5 with the same group of young participants was a key consideration over the past year. Alongside this, we also reconsidered the environmental impact of the.two Children's Laureate projects which historically encouraged the poets to travel the breadth of Wales. With this in mind, plans to develop geographitalty spread and diverse pool of school workshop facilitators wh￿h we can promote through our new Writers of Wales Directo have been set in motion. The ways in which we Select Schools for projects was also refined during the year a5 we based our decisions on government statistics to increase our projects, impact and widen our reach. Our education strateBy was also reviewed during the year aswe starte¢J developing a new educational project in partnership with the Welsh Government. The project will focus on implementing some of the recommendations set out in Professor Charlotte Williams OBE'S re ort. The projeci will help address the lack of diversity in set texts and wrthin schools, workforce. 13 Literoiu Woles Repre.sen,tpatiion Our Year 2021/2022 Equality Delivering on our strategic commitment to help create a national literary culture which represents the diverse communities of contemporary Wales was a key con5iderath)n 3cross the organisation over the last year. At the.10￿frOnt of our attivity programme was the pilot year of Representsn8 Wales, our writer development scheme which saw us working intensely with 12 emerging writers of colour. In parallel to this, staff also developed plans forthe second yearof the prograrnmethis time preparing to support writers from low-income backgrounds. The year also saw Tg Newydd introducing two strategic courses- Book5 For All and Stori i 8awb- with the aim of helping diversify the pool of children's writers in Wales. These particular courses were influenced by the ground-breaking Reflectin Realities reports whKh brought to light the shockin8 and often huwnblinE Statistics on representation in children's ficfion. Drawing the Word was also a noteworthy project which consisted of poet and wrrter Kittie Belltree and Disability Arts Cymru's National Officer for Performance Arts ènd Creative Word Sara Beer working with D/deaf and disabled participants and exploring playing with words. The poetry collection created at the end of the projert conslsts of the work of people from across Wales and beyond. celebrating a representative,Ninclusive, Itterary Wales. It can be viewed here. Strate By delivering much of our participation activity for individuals and communities who identify with our Target Client Characteristics. we will create a nationèl literary culture which ￿P￿SentS contemporary Wales and offers equal and fair acce5S to artistic innovation. hli hts 10 hours of sector fotilitolion spent ¢JevelopirwJ iepieseAtotion ond eouoli¢y in our octivity ond Internol processes Wfiters f¥om l¢)w- income back9foLtnds consulted in the leveioprnent of Represeniin9 Wole5 #2 14 uenyfyJKJeth Liteiotwe Woies Activit Highli ht: Re resentin Wales 2021-2022 Representing Wales is a 12-month programme. funded by the National Lottery through the Art5 Council of Wales and which aims to improve ￿p￿sentatIon wtthin the sector. The pilot yearprovided development opportunttie5 fbr 12 writers of cobuT who wrote across Itterature, playwritin& and screenwriting. The writers were offered a total of 12 workshop5. 4 masterclasse5. 6 Q & A sessions wrth high-profile authors. and 5 mentoring sessions. Yhe support ond genemsify I've re¢ei¥edfrom Literature W171es over the course oAthe pro9ramme has been incredible. I now have o literory Monoger, and my confidence in my writing hos grown so much. 0$ wellos my desfflre to explore new genre&" -Emily Burnett. Representing Wales 2021-22 Cohortfvlember During the year. we checked-in quarterly with the cohort members, welcoming feedback on the programme and updates on their development. l(MfA of the writers interviewed at the end of the programme said that the programme had helped moved their career as a writer fo￿ard. increased their knowledge of the industry, and widened their professional network. Watch th15 Video to hear more about the writers, experiences on the programme. Our commitment to these writers 15 ongoing as we continue to identify relevant external opportunities and commission them for new Literature Wales projects. We recognise that Representing Wples can only contrhbuie toward5 drNing.change within the sector and that redressing historical and str.uctural inequalities 15 an ongoin8 and collaborative commitment. Learnin Points and the Future The delivery of the first year of the Representingwales programme brought with it key learning points on how we externally comm¥nicate our Representation and Equality work. Working alongside the cohort, Riot Communications and Lucent Oreamin8 Publisher5. we learnt more about the importance of differentiating between programme and individual writers. promotion. The development work in preparation for the second year of the programme offered us a deeper understanding of historical and structural barriers faced by writers from low-income backgTounds. This important consultation work in turn also fed into our 2022-25 strate8y and wider artivity. As an organisation, we ￿COgnIse that more staff training is needed to help us gNe meaningful support to disabled writers. During the year, staff receNed training from Disability Ar5 Cyrnru and Taking Fli8ht Theatre and learning will continue as we develop plans for future editions of the Representing Wales programme. 15 teroiwe wol Wt)W WaEMFV Litiera ry Our Year 2021/2022 Itiure Continuing from previous year5.lwe have adapted the way in which literature and literary events are consumed. This new kind of ￿adership has developed wider audiences and provided an opportunity to showcase Welsh literature onto bigger stages. Following the successes of the previous Wales Book of the Year IWBOTYI digital announcements, thi5 vear was no different. as we had- 10,000 807 554 The submissions for Wales Book of the Year opened in November 2021. considering new publications throughout the 2021 calendar year. Key dates forthese awar(1s can be found here. In November, Ltterature Wales re-opened the Ins iri Communities Fund offering financial support of up to 50% of the fees paid to writers for events. enabling more ￿0p￿e in Wales to discover the joys of actively participating in literature, whilst also, connectin& comforting and inspiring cornmunities. From November 2021-March 2022. 62 sessions ran ￿a(hIng 689 individuals. This year, we also announced 2 new laureates.. Connor Allen as Children's Laureate and ￿caSI n as Bardd Plant C mru. Over the next two years both Connor and Casi will contribute towards nurturing a healthier, more creative, and more diverse generation of readers and writers across Wales. They will primarily work wtth young people aged 5-13 year5. Strate We will strengthen the range, rèach, and reputation of Wales. writers by delivering and supporting significant national and international project5, facilitating literary commission5. developing opportunities for wider ￿cognItion, antl artively sourcing new writers with potential for these opportunities, especially from under-represented group5. This will celebrate the best of our contemporary writers antl the diverse literary heritage of Wales. Highlights 164 38 13 earty coreorwrlters hove engag*J in high- levd piojects since Apfii 20ZI to estobDshea wrfters byothers Ihrough c4Jr interyention 16 Cyrnryt Literotwe woies Activity Highlight: National Poet The National Poet of Wales title, is currently held by ￿lfOr a GI￿. Thi5 hiEh profile role represents the nation- it's diverse cultures and languages- and celebrates writing from Wales both at home and abroad. Iforfs community work was celebrated amongst a weeklon series of communi events.. LleCHI. This project celebrated the culture and heritage of north Wales, slate areas through literature and music. This year, Ifor also celebrated Snowdonia National Park's 70 annFversary, through a series of commi55ioned poems, with the video of these commi55ions reaching 262 digital views within the time of release. (May 20211 International work continued, when Ifor ap Glyn visited Gemiany during the Welsh Government's Wales in Germany year. where hevisited the Bonn. Marburg and Bremen. In addition, Ty Newydd hosted a visit from et Anisur-Rahman National Peet Ifor ap Glyn, and the literary collective Write4Word. Originally from Bangladesh, Anisur Rahman now lives in Sweden and was visiting Wales for a week to develop the literary exchange and translation links that have been built between Wales, Sweden and the Bangladeshi diaspora over the last eight years. You can read more about this visit here. Since becoming the National Poet of Wales in 2013. Ifor has done a tremendous amount of work to showtase Welsh lite¥ature both at home. and internationalty. In January 2022, Literature Wales completed an open call out for the next National Poet in a new style application and nomination form. You can rea(J more about this heré: Ifor ran the lasr project as part of his tenu￿ at T* Newidd in March 2022-. the Sudoku Poems project, which brought together 6 FKJets writing in several different languages to translate each otherfs ￿etry and explore language. Learnin Points and The Future Over the coming year120221231 we will continue to build uwn the successe5 of the National Poet, Ifor ap Glyn, with his sutcessor. The new style application and nomination form betame a time intensive process for staff. and fèÈdback from this process hi8hli8hted that a process for incluryion, also creates more work for underrepresented groups to-prove- their worth. This is something we i•iill continue to review and develop. The Inspiring Communities Fund, will also become more strategic in targeting areas and groups. currently underutilising this resource, to ensure all communities will benefit from Wales, Litknary culture. We continue to develop our activity, to ensure we work closety with communities, and give them power to tailor literary events and participatory work to the specrfic needs of the individuals taking part. 17 LiiefobJre woies ritier Deve,lopme.nt Our Year 2021/2022 Writer5 are the beating heart of:'literature Wales and are integral to everything we (leliver. Throughout the year. we worked hard to ensure continued support to early career writers, as we trialled and discovered new ways of offering prOfeSs￿nal and creative opportunities through digital platforms. Ty f4ewydd's Emerging Writers Course, sponsO￿d by the Rhy5 Da¥iesTrust, forwriters of colourfrom Wales took place virtually in June 2021. tutored by Jacob Ross and Désiree Reynolds. The five-day digital tourse was provided lor 10 writers and was followed by mentoring sessions for 6 of the writers to offer continued support. Staff continue to signpost writers to our r e encouraging writers to continuousty develop past their initial interaction and support with Literature Wale5. urces Strategy We will engage Wales, writers with opportunities to hone and dNersify their skills by developing and delivering creative and professional development activity tailored to the needs of early careerwriters, providing information and signposting writers to other relevant opportunities, and identifyinB a tohort of young writers with signrficant literary potential and developing their skills through long-term intervention and peer-to-peer support. hts 181 14,264 138 creotive on¢ professionol opportunities provKJe(I to eorly coreef writeis uniove po9e views on our wriler develokN))eni iriformolton yovn9 writers Prov￿e wilh sustoined support Activity Hi hlight: Booksfor all Back in December 2021, Literature Wales launched a call-out for Wales-based writers of colour to apply for an opportunity to take part in a residential course at Ty New¥dd Writing Centre. Led bv experienced writers Patience Agbabi ènd Jasbinder Bilan. the course would offer workshops, talks and discu55ions to help new authors develop creative wrFting for children and young people. The children and young people of Wales should be able to identrfy wtth the books they read, to see familie5 and situations that are similar to their own INes, and to find role models in their favourite characters. Only 9% of the children's books published in the UK over the last four years feature characters of colour. as defined within the CPLE'S reflerting realities report. which you can read here.. Together with strategic partners, Literature Wales will Continue to add￿$5 this inequality and under- representation within Wales, literary culture by offering training courses and mentoring. platforming opportunities, career advlce. and signposting to under-represented writers. 18 Cymtu Litèiolure woies Fast forward to 2022. the Books for All Cohort have just completed their week-long residential course at TTr Newydd. During the course. held between 21-25 March, the writers enjoyed several workshops and tutorial sessions from Patience Agbabi and Jasbinder BFlan, and an aftemoon of t31k5 looking at the publishing industry in the company of Simran Sandhu, editor at Ma¢millan Children's Books- Leonie Lock, editor at Firefly Press, and Aley Wharton, who recently published hi5 collection of children's poetry, Doydreoms ondjelfybeons with Firefly Press. Learnin Points and The Future Within the upcornin8 yeai120221231, we plan to develop rn0￿ resource5 for writers, and increase to increase the support. as well as reflect and explore the new questions and barriers raised to writers off the back of the pandemic. Literature Wale5 has developed new operational tracker5. such as the project planning sheet, which can highlight activity which may need future follow up. This encourages our support to wrrf(ers far beyond the programme and supports them throughout their writing journeys. Finally. staff received training by Disability Arts Cymru. building awareness and advising Literature Wales on building accessible activity. We continue to develop this for online resources too, to ensure writers from all backgrounds have equal aC￿SS to development opportunities with us. 19 Cyrnru wo￿5 p'a.tii on Our Year 2021/2022 Over the course of the year, rt was Crucial for us to Tevise projects as we transitioned back to primarily face to face activity.. and explore innovatNe ways of engaging with individua15 and communities through literature. Strategy We will increase the accessibiltty and impact of creative writing for participants in Wales by directly engaging under-represented individuals and.communities across a range of cultural experiences and literary genres. directing participants with creatNe potential to opportunities within our writer development activity. This will inspire some of our most marginali5ed individuals and communities through active participation. Highlights 151,970 347 cieorive pO¢t￿1p0nts Ir(lu(kn9 ¢igital fvJure51 eFvJogeiJ Wthlh Qui actI￿tY ioct5 ￿1kno tKwtrfwtOiyfocv5we creotlve Ponicponis weie direclÈ(J 10 our wrii* ￿e¥￿0pment opporturmlies Ocihtoled byLiiefolwe ¥oiÈs Activity Highlight: Do You Get Me? In September 2021, award-winning children's writer and the first ever Children's Laureate Wales, Eloise Williams. started an adventure. as a year-lon8 Wrrcer-ln-￿$ldence at Tonyrefail Community. S¢h¢ol rn Rhondda Cynon Taf. Over the course of the academic year, all Year 8 pupils at the school. ￿ well as some vulnerable and disengaged groups in other school years, enjoyed a series-of creative writing workshops and reading5 with Eloise. inspiring them to read, learn about the craft of storytellin& 3nd providing them the Space and too15 to write their own stories. Tonyrefail Community School draws pupils from areas with high levels of socio-economic deprivation, with Tonyrefail West ranking as 185 in the Wales Index of Multiple Dèprivation, where l is the most deprived and 1909 is the least deprived. 26% of pupils qualfy for Free khool Meals. 20 L￿r￿￿LIa91Th . Woles The wider aim of the projert. beyond inspiring and supporting the young people through literature. is" to learn the impact that prolonged engagement with a writer can have on the students and the wi(Jer school community. The impact of the project will be shared with schools across Wales to inspire them to explore the possible benefit5 of appointing writers and artists in residence at their own schools. "l enjoyed IL Mode meftel bette&because I ht7ve cnxiety and hote talking obout IL" -Participant Learning Points and The Future As we transitioned from digital activity to face to face projects once more, the year brought with it key learning points. We're confident that projects where artlSts and facilitators work closely alongside vulnerable individuals lend themselves better to physical interaction. Our Newport Mind project which works with young people who have experienced mental health traumalissues was put on hold during the lockdown due to issues linked to digital poverty and safeguarding. The Ar y Dibyn project, delivered in partnership with Theatr Genedlaethol C ru restarted face to face with positive responses from the participants and facilitators alike. Valuable learning points also came from the relaunch of our Inspiring Communities Fund which saw a high number of applications being receNed. Movingforward, we hopeto engage with new audiences more in-line with our priorities through pinpointed and community-level marketing. The launch of our new serie5, Cfeative ConveTsations was a150 a brilliant addition to our digital offer. The online sessions aim to equip wrrfters and practitioners wrth the knowledge they need to work with diverse audiences in their communities. Moving forward. we'A like io turn the SesS￿n$ into permanent resources and increase audience numbers yet again. Developrng more community prartitioners is aft organisational priority which features in our plans for a new projett to be launched in September 2022. and in our plans to help train a wider and more diverse pool of school workshop facilitators. 21 Liety￿￿eth Cy Lrtrwalu woip% Operations 2021/2022 Llenyddiaeth Cymru Lileralure Woles 22 Cy Lilèffjlure woies Fundraising Strategy We will reduce the proportion of income derived from public funding from 66% in 2018119 to 62% by 2023 Ithis equates to raising around £465.869 in non-public funding by 20231 by.. Building lastin& fruitful relationships Wlth two key Trusts and Foundations Developing and capit3lising on a series of corporate partnership initiatives Maxiwni5ing the use of our existing assets, including through increased ticket revenue and merchandising Optimising audience stream funding. The fundraising tafgets for 2021122 were revised during Summer 2020 to reflert the COVID-19 pandemic. For example, our target for raising funds for CSR projetts1£27.0001 was removed due to businesses suffering with economic uncertainty. The revised targets were to raise.. £80.0(Ki from Commercial courses, venue hire & merchandise £124.056 from Trusts & Foundations and Lottery £2.500 from Corporate Commission5 £4.000 from corporate sponsorship E2.000 from donations and campaigns" E500 from High Net Worth Individua15 IHNWlsl Performance Data Perfomiance was hindered by the COVID-19 pandemic. both intemally Ireduced programme to fundraise for) and externally (Trusts & Foundations onty focusing on providing emergency grants). However, all targets were exceedeil. Final figures were: £92.396 from Commercial courses, venue hire & merthandise £156.134 from Trusts & Foundations and Lottery £8,545 from Corporate Commissions £5.540 from Corporate Sponsorship.- £3,662 from donations and campai8ns £500 from individual donations It is very hard to determine whether we are still on track to raise £465. 860 in non-publi¢ funding by 2023 due to the huge effed ofthe COVIO-19 pandemic on our work. 23 Lienfftoolh LiierobJre Woles Highlights Natural Resources Wales- Commencing in the Coronavirus pandemic 2020-2021. this partnership developed to help bring NRW staff together to creatrvely explore their experiences during the year. Aneirin Karailo8 delivered several online workshops with staff and then composed a bilingual film poem which was presented back as part of TeamNRW day on the 30th of June 2021. Following the success of the creative experience. NR W partnered with Literature Wales to 5UPPOrt the development and delivery of Writer commi￿10n5 4. This programme will see 8 artists deliver four literary projects of £4.OCKI on the theme of Nature and the Efftvironment for Well-being. Ty Newydd Resilience-As a resuh of the covi[￿19 pandemic, Ty Newrydd {usually a major source of income) was forced to close. During 21122 the team responded to rapidly changing government advice and offered a varrety of ways to engage digitally or in-person when safe to do so. We also took on a more commercial outlook and ensured the building was raising money for the charity through holiday rentals where appropriate. We We￿ delighted to welcome back school groups and courses in March 22. Learning Points Literature Wales, fundraising has been quite re3ctTve in 21122, making the most of opportunities presented to us, inclvding approache5 by Welsh Government. Whilst this is wonderful, a new Fundraising Action Plan has been tlevised which is more strategic in its outlook and aims to plan further. ahead to enable MO￿ effective fundraising from Trusts & Foundations. We have recognised the. need for specialist fundraisers and have engaged Cause4 to SUPPOrt us in"creating a vibrant case for support and approaching new funders. 24 Llenyddhjelh Cyhwv Liierolwe woies Communications Strategy We will increase the understanding and value of our work amongst our stakeholders bv.. Regularly mapping our 5takeholder$ and developing bespoke communications. based on which elements of our activity and Tactical Pxiorities most appeal to ea£h one Condurting a collaborative mapping exercise. capturing the wider PLtblishin8 and literature sector in Wales to better clarify and communicate our remit Communicating our impart and reach through new promotional moteria15 and strategic tampai8Ths which tell our clients. stories. and in turn, our story Our aim is to build and strengthen our relationships with our stakeholders, whether they are individuals, organisations. or groups. Since 2020, our baseline Communications targets are identified per quarter to allow for an accurate comparison in high-profile communications moments Isijch as Wales Book of the Year in June/Julyl. The targets for each quarter in 2021122 we￿= A 25% increase of impressions and reach on Literature Wales. social media platform5 A 15% increase in our social media audiences A IO% increase in our website page views A IO% increase in Literature Wales presence at events A 15% increase in Literature Wales newsletter subscribers A IO% increase in recipients opening Literature Wales newsletters Performance Data A 9% increase in users on our core website which engaged with over 80,(X)O new users over the year and which wa5 viewed from 177 countries. Total of 3. 010, (KIO impressions on our Twitter accounts over the year and an average of 7, 900 people reached on our Fa￿boOk account and 1, 104 people ￿ached on our Instagram account per month. 1, 165 new followers on our ￿ltter accounts. Appearance5 at over 30 successful high-profile events. Highlights Thi5 year saw Literature Wales roll out its new Communications Strategy. Running from 2022-2025, it is a live and responsive document. designed to reflect the organisation's agility and fleyibility. The strategy Outlines what Literature Wales wishes to achieve through its communications and offers a rationale and a roadmap for that achievement. To coincide with the Communicatvjns Strategy, the Communications Team ha5 created a Toolkit which is rolled out to all staff in bitesize pieces throughout the year, alongside informal training. This equips all staff members with the iools needed to 5UPPOrt succe55ful communication of our activity and our organisational key messa8e5. 25 LIenyth￿bll Cy LileiolL WOleS Alongside the launch of our 5trateglc Plan 2022 - 2025, the Communications Team restructured the Literature Wales website to improve the user experience. We have created better pathways towards tailored information for a number of stakeholders and will endeavour to collect data to ensure that the process of improving the user experience is ongoin& We had many organisational and activity announcements over the year. and secured media coverage in all tiers and in both Wales-based and UK-wide outlets. Highlights include launching the search for the new Children's Laureate Wales and Bardd Plant Cymru, announcing the first cohort of writers SUPPOrted through our Representing Wale5 programme. Wales Book of ihe Year announcements, naming the new Bardd Plant Cymru and Children's Laureate Wales and muth more. Learning Points We are beginning to See how ch3n8es to the media lan(Iscape post-COVID 1$ affecting the type an(1 the amount of coverage our announcements have. BBC Cymru no longer has an arts correspondent" and home or hybrid working means that joumalists a￿ harder to pin down. We will work on developing better media relationships with ta￿eted outlets and individuals and consider training on pitching articles and sharing news stories to increase take-up and engagement. A process for ensuring our communications is accessible has long been established with all Callouts, application forms. and similar documentation provided in dyslexia-friendly formats. However, following Deaf Awareness Training in March 2022, we have realised that there is still much more we can do to ensure our communications is more accessible across the board. This will be one of the Communitations Team's priorities during 2022-2023. We need to improve our processes of colleciing our website and social media analytic5 and analysing the resutts to evaluate the suctess and reach of our comrnunications efforts and use our learning to inform future campaigns. These processes are currently being developed with a view of implementing them in autumn 2022. 26 Cymru Literalwt Monitoring & Evaluation Strategy We will increase the external and internal influence of data regarding the impact of our activity by- More effertively ¢aptuTin& analysin& and communicating relevant data from across all projects. inclvding operations Trackin& analy5in& and reporting progress internally. induding at organisational level Learning from our analysis and feeding this into our planning, including the new pitching process This will optimise informed development and communicate our worth. Our targetsfor 202V22 were- 100% of ourdata from oijr activity and operational projects is stored in our central monitoring & evaluation IM&EI hub l Annual Report communicating our impact has been circulated 12 monthly IPausedl and 4 quarterly evaluation report5 have been produced 100% of new or perennial project5 are pitched to SLT, and all reference leaming points from our analysis {PausedJ Performance Data 2020-2021 Annual Report created 4 quarter￿ evaluation reports produced I new 2022-2025 impact framework created Highlights Much of the year was spent on designing the organisation's 2022-2025 impart framework. This entailed consulting internally, a5 well as wrth arts consultant. Gerri Moriarty to create a new, simpler, and more cohesNe system with an emphasis on the social impact of every project. Basing the framework on the Well-being of futu￿ Generations Aet sees the organisation spearheading the monitoring and evaluation processes within Wales. arts sector. Previous processes were also reviewed such as our annual longitudinal survey, project pitching systems, internal databases and internal communication prcwses. 27 LienyOOKieth Cy Liiewiure woies Learning Points Impact Framework The implementation and roll-out of our Monitoring & Evaluation Strategy 2019122 enabled us to identify the key elements of the framework that worked well and worked less well. We quickly understood from internal and external consuliation that we needed to simplify our approach and make it more user-friendly. The importance of aligning the irnpa￿ framework with the Communications calendar was also made clear in order to avoid duplication of content. We therefore worked hard to create a clear proce55 which links data colleLtion with our external communications. Internal Communication We reviewed the project pitching system and developed new ways of communicating learning points within the team. This will be done via project evaluation presentations delivered durin8 Staff meeting5, and during our monthly Creative Meetirt￿. 28 LlerydOAlqih Liierolure woies Ty Newydd 2021/22 Strategy Our goal, as set out in the 2019122 Strate8i¢ Plan was to increase non-public fundinE income generated through Ty Nevrydd Writing Centre activtty from £181.904 in 2018119 to £199.000 by 2022. This goal was met and surpassed in 2019120, however the COVID.1g pandemic put a stop to most creatNe activity in 2020121 and 2021122, wtth the centre Closing tts doors for the most part of ' two years. As the centre closed it5 doors due to the COVItP19 lockdown jtsst before the beginning of the 2020121 financial year, our strategy had to swiftly change. After postponing the programme of courses for 2020121. focus was shffited towards'securing and protecting staff. the building and minimising unnecessary expenditure lo avoid becoming a financial burden on the organisation. New health and safety procedures were developed in anticipation of re-opening. with the buildings being utilised for venue hire purposes during the relaxation of the lockdowns to generate income where possible. During relaxation of the IcKkdowns, this strategy proved successful. with Nant Wrtters. Retreat Cottage filling lo capacity in quarter 2. Nant Writers. Retreat cottage generated £28,821 in unrestricted income during 2021122, whilst Ty Newydd generated £55.170 in unrestricted income during the same period, in 5Plte of the continued inte￿uptIonS to the business. A programme of virtual courses was developed to ensure that we continued to engage with audiences and develop writers, whilst also offering paid work for freelance tutors. These pilot virtual courses offered invaluable learning to the staff in reaching new audiences and increasing the accessibility of our offer- something that we hope to continue into 2022 and beyond. .During the year, some str•teÈi¢ ¢ouYses managed to take place Isee highlights belowl. and in anticipation of a betteryear- we launched a full programme of courses in January 2022, to take place throughout the year. March 2022 saw us reopen our doors properly again after two years of closure, as we welcomed two school groups to the centre. Performance Data 88.8% of Ty Newydd Course attendees agree that their visrt helped them pro8res$ 85 an author, and 100% stated that they will return to the center in the future. 18 writers benefitted from a Nant retreat. with I stay awarded as a bursary for a low-income writer. 9 early career writers engaged with a high-level opportuntty. over 5 courses. 34 participants took part in Ty Newydd'5 educational retreats, one being Cwrs Olwen for 12 young people who received awards at the Urdd National Eisteddfod. 60 writers attended a digital Ty Newydd course. 29 LIen￿l&ae]h Cyttmj WOLe5 Highlights The re-opening of the centre meant that our 2Q2V22 Representing Wales cohort were able to meet in-person for the first time for their final masterclass with tutor Ja¢ob Ross arid guest speaker Patience Agbabi. The weekend solidified relationships developed between the cohort members over a year of digital actNity and highlighted the more satisfying and lonE-term connertions that can be achFeved by in-person meet UPS. Whilst the centre was closed due to COVID-19, most works remained on hold. However, 4 bathroorns and l of the centre's publit toilets were refurbished to a high standard in the above period. Literature Wales wa5 accepted. through an application process. onto the GnAtp Uandrillo Menai Green Digital Academy, to ￿Ceive a free consultation, and an actK)n plan to work towards a Carbon neutral status. We actively contributed towards a more equal representation in Wales. literary culture with courses such as our Books for All cou which saw 8 writers of cO￿￿r developing their creative writing for children and young people. Our popular digital courses returned, providing writer development opportunities for writers on all sta8es of their literary careers, with attendees joining from further afield including Ireland. Canada. Patagonia and Australia. A weekend retreat was offered in kind for 10 young emerging writers who had collaborated on a series of bcM)ks featuring main characters with under-represented charatteristics for voung adults- Y Pump- published by Y Lolfa. Most of the writers were meeting for the first time, havin8 collaborated virtually on the books during the lockdown, and received their first copies of their books at Ty Newydd. Barddas. Gwyl Gerallt visited LIan￿t￿M￿w¥ in October 2022. Ty NeWd was thrilled to be hosting it. along with Menter y Plu and the village hall. The weekend consisted of a variety of events Such a5 lectures. workshops. book launches and the annual YmrysonyBeirdd. We hope Giijyl Gerallt will ￿turn again in future. Cwrs Olwen, our annual course for young people who-sUc￿ed in the Urdd Natlonal Eisteddfod writing competttions, ￿tUrned in December 2021 after a year-long hiatus due to the pandemic. We had 12 young writers in attendance, who recerved excellent tuition from previous Cwrs Olwen attendee Uyr Gwyn Lew•s as well as An8harad Price. Fast forw3rd to 2022, one of ihis yearfs Urdd winners mentioned that the onty reason they competed again was because they enjoyed their time at Ty Newydd so much. Nant Writers. Retreat continued to attract bookings from wrf(ers and creatNes wishing tofind a quiet retreat to focus on their creative works. The cottage received excellent revièws in temis of its faciltties and recent renovation. Learning Points Over the year we adopted a hybrid model of delivery, holding our first course with both in-perwn and virtual participants. We will continue to review the effectiveness and impact of these style of courses for all participants to ensure our courses support as many individua15 as possible. Working within the COVID-19 restriciions h￿hlighted some staffing issues within this time. During the next year, we will mitl8ate this risk by employing and training more members of staff, who will be able to cover for sicknes5 and holiday5 as appropriate. Ty Newydd will continue to have commercial appeal through holiday rentals during quieter times to help increase the viability of the busine55 through non-public funding 5tream5. Over the next year, we will continue to consider environmental adaptations to the centre in the view of becoming a carbon neutral establishment. LIen>￿￿￿eIh Cymj Liierolure W¢Jies HR Strategy Our HR Goals outlined in our strategic plan for 2019/22 are- 100% stsff have attended at least 3 cross-team training sessions annually At least 4 staff have benefttted from 5U5tained pro*e55ional development opportunities le.g., courses) annually Staff job satisfaction rating5 have increased by at least 25% At least 7% of our employees. volunteers. contractors, and Directors identfy as Black, Asian and Minority Ethnic- IO% have disabilities or long-term illnesses and 20% are from a low- income background. l of each TCC will be in senior positions on the staff and Board (pending vacancy availability) We will have worked with at least 20 volunteers annuallv These goals aim to create a positive and inclusive culture at Ltterature Wales, with the right skills. roles, and 5trurtures to effectNèly deliver our mission. Performance Data 100% staff have attended at least 6 cross-team training sessKJns during the year including Deafness Aware Training. At least 4 staff have benefitted from sustained professional development opportunitie5 including our Bookkeeper Appienti¢e who is studying for AAT exams. 3 staff members also attended regular Welsh4angua8e classes. During 21122 we didn't measure staff job satisfartion as a percentage but instead have focussed on engaging staff in conversations about well-being, particularty around navigating the pandemic and, more recently. how to develop hybrid working prartTrce5 that SLlPPOrt both the business and the individuals. Over this period 13.8% of our employees, volunteers and directors identrfy as Black. Asian or Minority ethnic,.O% have disabilities. Three of these individuals are members of our Board. We worked with 7 volunteers during the year. This was lower than the target due to the impact of Covid-19 and reduced in-person activtty- 31 LienydllAIQth Cynyv Woles Highlights For the first time we offered guaranteed interviews for candidates who were from a minority ethnic or low-income background or who lived with a disability or chronic illness and met the basic requirements for the role. We learnl a lot from this pro￿55..Firstly, we recewed more applicants than previously who met these requirements177% of Creative Exec applTrcants, and 50% of Creative Lead) which indicates that people who wouldn't ordinarily applied. did. Our interview candidates were therefore more diverse and panel members reported being positNely surprised by some candidates who presented themselves much better in interview context than through written application. This indicates that we have previously overlooked good candidates and not progressed them to inteNiew. Finally, the recruitment processes ended up wrfrth two new team members coming from Blatk Caribbean and mixed- whitelind(FCaribbean backgrounds. Thewve both brought a wealth of experience to the team and are two strong new voices contributingto ourdecision-making processes. Durlng the year, the line-management Structu￿ was altered tonsiderably to ensure that no one manager was responsible for too many people. Job role and personal relationships were taken into equal consideration giving all staff the ability to be managed by someone who they feel comfortable talking about their well-being with. Learning Points In Autumn 2021. the organisation review that was Started pre-pandemic was concluded. The final task was implementing changes to job title5. which was not received wholty positively. All has now been re501ved and, if this were to happen again. the leadership team have learnt a lot about managing emotional ￿SponSe$, listenin& and dealing more quickly with dtfficulr conversations. 32 Lien>thdh Cyrtrfv Lilèlotuie Wales Governance & Sector Consultation St-rategy. We will increase our awareness of, and response to, feedback from across and beyond Wales, literature sertor bv.. Embedding stakeholder consultation into our annual cycle, and widening the netWOTk of stakeholders we con5ulr Systematically flowing data and analysis to and from stakehoklers. staff. and Directors Tracking informed decision-making at all levels. including in project pitches and meeting minutes Per.for,.mance Data In 2021122: 61 Board of Directors Advi%ory Group meetings, 52 SLT Operational MeetinES and 13 cr05S- staff Creative Sessions took place 21 Critical Friend meetings We￿ condurted to SUPPOrt OUT Strate8K direction and high-level decision making 148 individuals responded to our Stskehokler Survey which captured feedback on how we're doing so far 10(Ml individuals responded to our State of the Nation Su￿eY which aimed to help us understand the reading and writing habrts of the nation Hlgh'liglits￿.. In the summer of 2021, Literature Wales undertook its first Stote ofthe Notiort research projett into the reading and writing habit5 of the Welsh population. This research will help Literature Wales, and other literary organisations. to deliver attivity and content that is of interest to the We15h public. The researth was delwered in partnership wtth StrategFC Research & Insight, an experienced research and evaluation agency based in Cardiff. We surveyed over 10(Kl residents of Wales, giving a confidence inteNal of *3.1%. We used a random prowrtionate stratified $3mpling strategv- meaning we monitored respondents according to dernographit factors to ensure that they were broadly proportionate to the entire population's demographic land therefore the results are representative of the entire populationl- The results give us fascinating insight into the reading and writing habits of the nation. such a5 40% of respondents had participated in some form of creatNe writing in the past year. The most popular form5 were keeping a diary118%1. essay writing19%1 and writing poetry19%1. We learnt that location145%1 and cost140%1 were the biggest barriers to attending literary events and w can use thi5 information to help us and other literary organisations develop events that meet the needs of the public better. 33 Cyrmu LpteTOtwe woies lea rningsPoints We attempted to track the long-temi impact we have with our clients sincethe launch of our Strategic Plan 201912022. However. we deaded to pause on the delNery of our Lon8ltudinal Survey due to the impact of the COVID-19 pandemic. We will now re-evaluate our approach to tracking the long-term changes we deliver for our clients whilst developing our new Strategic Plan. We learnt a lot about the pros and cons of engaging in sector consultation and governance virtually rather than in-person. Whilst we found existing relationships thrived and were able to have more regular contatt, it's been harder to develop new relationships. We have decided to focus on this for 22123 as the world reopens and have ensured engaging with stakeholders is prominent in all SLT task Litettsty Yéoip> Sector Facilitation Strategy We will increase our support for the wider literature sector by- Directly delivering less activity, by directly delr¥ering no more than 10 projerts annually. Focusing more on our work a5 facilitators or partners with those already. or new to. working in thi5 field Actively seeking out smaller organisations, and innovative artists, social activists and arts administrators, an(1 providing our expertise in-kind Stimulating new Ir(erary activity prOv￿ron by other sector facilttation targets for 2020121 which were revised to reflect the COVID-19 pandemic. Intensively support at least 30 partner-led projects as facilitator5 or secondary partners annually and support another 70 with general in-kind stspport. Provide funding and/or in-kind support to at least 7(K) individuals. groups, and organisations annuallv Have stimulated at least 10 new self-run sustainable literary project5 in areas of need Performance Data In 202112022= 7 projerts delivered directly by Literature Wales Over 240 hours of facilitation work was deliVe￿d to the sector 375 groups, individuals and organisations received facilitatory support 34 partner-led projects received intensive facilitation or secondary partnership support and 20 provided with general in-kind support 34 new self-run 5U5tainable literary projects were stimulated in areas of need Highlights Due to our intensive support, the Ar y Dibyn project received external funding for a literary project in an area of need. -we contributed to wider Welsh cuknre conversations such asbelpingto infomi the new 2022- .27 Bilingual Cardiff Caerdydd Ddwyieithog Strategy -Developed partnerships with the Royal Cdlege of Psychiatrists which fed into our wrfter commissions athivity. Learning Points Staff remained confvsed about the definition of facilitation, and as a result, we reviewed the system and developed a new support108. With clear definitions on what can be included. There have been discrepancies in how to ￿pOrt on facilitation, therefore we have moved into a time as value model, whereby a coded system can break down how much staff time is spent on giving information or receiving information. We now include SMART8oals as outcomes forthe log so It ts easier for staff to recognise stale or missed opportunities. 35 Llensthth Liieroiure wo Risk Strategy In 2019122, we need to generate a more risk-conscious culture within all levels of decision-makers by.. Completing the development and embedding a new risk management SVStem, aligned with our Activity Pillars, to identify and assess th￿at5 and opporlunities on an ongoing basis Allocating a sliding scale of reswn5ibility for risk management across the Board of Directors and staff Regularly and systematically attending to and reviewing all risks and associated mitlgating tactics A5ses5ing our risk appettte annual Highlights During 2021122 we improved our Risk Register by separating high level and projert level risk. Executives and managers are now encouraged io as5e55 and develop projec15 Wbth risks in mind, whilst the Senior Leadership Team complete project level spot checks to highlight recurring risks. This split makes it easier for the Senior Leadership Team to identify mitigating actions sooner. SMART goals have been introduced as part of the mitigating tattics, to ensure that the staff who complete spot checks can identify upcoming actions, as well as request updates on missed actions. As a result, the board are presented wtth both Amber and Red risks, but also missed tactics for mitigation, g.iving a clearer and more rolxjst overview. Quarter four of this financial year, saw the beginning of this separation process Ibetween high level and project level risk). with the Senior Leadership Team introduced to the "if mitigation principle. Here. staff are encouraged to reassess the inherent and residual rank impart ratin& to review that if all mitl8ation tactics are deployed, 15 the risk reduced. This allows the SLT to see how many activitie*/parts of the bu5ine55 are inherentfy risky. Learning Points The Senior Leadership Team will control a smaller amount of organisational risk, and whitst they still overviewwroject level risk, this will primarily become the responsibility of the executive level of staff. The risk dashboard process continues. with the board receiving quarterly updates on the Red, Amber and rnisse(I mitigation tactics which allows for more effective govemance. Lienpknxlh Liieroture woies Finance Strategy We will improve our financial resilience and diversrfy fundinE Streams by= ' Continuing scenario modelling for a range of scenarios. i.e., ￿laxatiOn1re-Introduction of government restriclions Appointing an Apprentice Bookkeeper who will receive AAT. training Rollout of standardised budgets for all staff Introduction of Anti-Fraud poliry Switch to cloud based accounting software Performance Data In 2021122 4 management accounts produced with scenario modelling l Apprentice Bookkeeper appointed in September 2021 I new policy produced for annual update, Anti-Fraud. and training for staff to be completed Highlights During 2021122 we contFnued to use scenario modelling to enable effective planning for variable outcomes. The inclusion of the scenarios within the quarterly management accounts has been well received by trustees and SLT, therefore. we will continue to produce them at each quarterly meeting. They will focus on any potential i$5ues on the horizon, i.e.. increased ener8Y Costs, reduced course uptake due to the public cuttin8 back on their expenditure. The appointment of an Apprentice Bookkeeper in September has enabled further segregation of duties strengthening our internal financÉal controls. An anti-fratid policy wa5 also introduced to ensure all staff are aware of tth"e potential threat of fraud and the adions to take should fraud be detected. This is essential to us remaining financially resilient for the upcoming challenges. Alon8side the Anti-Fraud policy, the ReseNes policy was also updated with our designated funds reviewed to ensure they are fit for purpose. In the final quarter of the financial year we successfully migrated our accounting system to a cloud based version, in preparation for the new financial the move was completed in March. This has allowed for more efficient processing of financial transactions. During this time we also rolled out new standardised budgets for staff to Use while running their projects, this will allow staff to easily check accounting reports against their own records. This will also enable other members of the team to See at a glance how a projert is progressing should the project lead be absent for a long period. The 2021 Reseryes policy was updated to identrfy the purposes and level of reserves and designated funds required by the organisation. At the year*nd Ltterature Wales had total unrestrirted rese￿e5 fund of £416,09912021= £354,788) and total restricted reserves of £962.83812021- £950,189). At the vear-end Literature Wales have the following levels of funds.. Available general unrestricted reseThes: £205.680 Ty Newydd building fund.. £25.000 Ty Newydd capital development fund= £20.(￿) Pilot activity fund= £25,OCQ Legacy fund: £21,030 37 wtsies OurPartners S4C CYNGOR LLYFRAV CYMRU BOOK5 COUNCIL of WAIES CR=0 barddas HAY FESTIVAL +cadw golwgJ&o First Campus radio NotK)nol Literocy Trust galeri CARDIFF 'SLIFY5GOL CAERDY Naturi Cymru Natural Wales PSYCH Disability'-J- Arts CYMTU BBC National Orchestra ofwales Urdd .N*wr+ GIG Llamau t￿￿téOnC Artworks Cymru ceneoloethoiqmr TME Welsh Parliament READING A6£MCY Cynsor Sir Ac %'_ Ceredi8irSn eRN￿DAylE$TOU¥r Couniy Council C(kYGOLESE DEVELOPMENTPROJEC Festival (fWale5 EISTE•IF•D GWE golwg? 360 L￿n>￿th LiiÈrokn* Woles Structure, Governance & Management 2021/2022 Llenycsdioelh Cyrniu J. Lilerolure ' Woles 39 Cywrfu utetolure wol Structure, Governance and Management Govemance dOC￿￿ent Literature wale5.is a charitable company limited by guarantee, incorporated on 19 September 2011 and registered as a charity on 23 March 2012. The company was established under a Memorandum of Association which established the objects and powers of the charttable company and is governed under it5 Articles of Association. which were updated in 2019120. Recruitment and appointment of new trustees All new trustees are appointed as Directors of the organisation following an open and transparent recruitment process as defined by the Articles of Association. Trustees are appointed to strengthen the skills and experience represented by the Board of Director5. All new trustee>receive an induction pack and receivèinformation regarding the roles and responsibilitles of beinta trustee. as well as training on charity governance. Organisational strurture Literature Wales is led by the Board of Directors. who are also trustees of the organisation. The Board of Dirertors meets four times a year and is ￿spOnSible for the strategic direction of the organisation and overall financial planning. The Board delegates day-to-day running of the organisation to the executive team, led by the Chief Executive, who is supported by a Senh)r Leadership Team that meets regularly to discuss progre55 towards strategic aims and other targets. Key Management Personnel The Key Management Personnel of the organisation are Interim Chief Executive's, Claire Furlong and Leusa Llewelyn,. Corporate Mana8er and Company Secretary Aly5 Lewin. and Finance Executive, Emma Richèrds. Remuneration forthe Key Management Personnel is set and approved annually by the Chair of the Board and follows the organisation's banded salary strurture. 40 Lkn>q1dKle Literotvie Wole5 REFERENCE AND ADMINISTRATIVE DEfAILS Charity name Charity registration number Company registration number Registered office Uenyddiaeth Cymru l Literature Wales 1146560 07779153 Glyn Jones Centre Wales Millennium Cent￿, Bute Place, CARDIFF CFIO SAL Trustees C. Charnell-white N. Jerome E Charles C Austin J D Ellis A Finlayson J O'shea D Roberts O Taylor-shaw CThatcher Interlm Chief Executive Officers Claire Furlong and Leusa Llewelyn Company Secretary Alys Lewin Prin¢ipal Bankers CAF Bank 25 Kings Hill Avenue. Kings Hill, Kent ME194JQ Audilor5 BPU Chartered Accountants Radnor House Greenwood Close Cardrff Gate Business Park CF23 8AA Signed: Alys Lewin Company Secretary ILI Dated: 29.09.2022 41 Woies Llenyddiaeth Cymru Literature Wales llenyddiaethcymru.org literaturewales.org post@llenyddiaethcymru.org post@literaturewales.org LlenCymruLitWales @Llencymru @Litwales @LlenCymruLitWates 029 2047 2266 42 uenyJaKielh Cymiu Literotuie wuies Llenyddiaeth CyrnrulLiterature Wales Report of the Trustees for the Yeai Ended 31 March 2022 STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees (who are also the directors of Llenyddiaeth CymrulLiterature Wale5 for the purposes of company lawl are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally AC￿pted Accounting Practi￿). Company law requires the trustees lo prepare financial ststements for each financiol year which give a true and fair view of the state of'affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for thal period. In preparing those financial statements. the trustees are required to select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charity SORP.. make judgements and estirnate5 that are reasonable and prudent- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and fo enable them to ensure that the financial statements comply wth the Companies Act 2006. They are also responsible for safeguarding the assels of the Charrtable company and hen￿ for tsking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are avrdre- there is no relevant audit informab.on of which the charitable CoMpan￿S auditors are unaware.. and the trustees have taken all steps that they ought to have taken lo make'themselvps aware of any relevant audit information and to establish that the audttors are aware of that infomiation. Approved by order of the board of trustees on ..1. +x 10 LL by.. and signed on rts beha Cathryn Charnell-white Trnstee LlenyQQQÈth Cymru Lileroiwfy woles Report of the Independent Auditors to the Trustees of Llenyddiaeth CymrulLiterature Wales Cnarteied Accountonts Opinion We have audited the financial statements of Llenyddiaeth GymrulLiterature Wales (the 'charitable company,) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, Ihe Cash Flow Statement and notes to the financial statemenls. including a summary of signrficant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practs'ce). In our opinion the financial stalemenls.. give a true and fair view of the slate of the-charitsble companws affairs as at 31 March 2022 and of its incoming resources and application of resources. induding tts income and expenditure. for the year then ended- have been properly prepared in accordance with Untted Kingdom Generally Accepted Accounting Pfaclice,. and have been prepared in accordance wilh the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with Intemational Standard5 on Auditing {UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in.the Auditors, responsibilities for the audit. of the financial statements section of our reFYJrt. We are.independent of the charitable company in accordance with the ethical requirements that are relev2nl to our audit of the financial statements in the UK, induding the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance wilh these requirements. We believe that the audil evidence we have obtained is sufficient and appropr4ate lo provide a basis for our opinTron. Gre&7￿00d ac6e CcxJrf Goie Bus1r￿S Fll C￿0th Cyrnw Woles Llenyddiaeth CymrulLiterature Wales Balance Sheet 31 March 2022 2022 2021 Notes FIXED ASSETS Tangible assets 15 888.925 893,004 CURRENT ASSETS stocks Deblors Cash at bank and in hand 16 17 1,424 106.706 722.401 1.472 66,495 537.691 830.531 605,658 CREDITORS Amounts falling due wthin one year 18 1340.519) (193,685) NET CURRENT ASSETS 490.012 411.973 TOTAL ASSETS LESS CURRENT LIABILITIES 1,378,937 1,304,977 NET ASSETS 1 378 937 1.304.977 FUNDS Unrestricted funds Restricted funds 20 416.099 962,838 354,788 950.189 TOTAL FUNDS 1,378,937 1,304,977 The notes form part of these financial statements 49 continued. Lièfvjthjhxlts CYMJ LitÈn)lure Woies Llenyddiaeth c￿rUlLitera￿re Wales Balanco Sheet- continued 31 March 2022 The charitable Gompany is entiued to exemption from audii under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. The members have nol"deposited notice. pursuant to Section 476 of the Companies Act 2006 requiring an audit of'these finanual statements. The trustees aCknO￿edge their reswnsibilities for (a} ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (bl preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of ils surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Acl 2006 relating to financial statements. so far as applicable to the charitsble eA)mpany. These financial statements have been audited underthe requirements ol Section 145 ofthe Charitie5 Act2011. These financial statements have been prepared in accordance with the provisK)ns appI￿able to charitable companies subject to the small companies regime. The financial ststements were approved by the Board of Trustees and authorised for issue on . and were signed on its behatf by: Cathryn Charnell-white Trustee The notes fomi part of these financial statements LtenydO*ip Cy woies Llenyddiaeth CymrulLiterature Wales Cash Flow Ststement for the Year Ended 31 March 2022 2022 Notes Cash flows from operating activities Cash generated from operations 184,849 84,384 Net cash provided by operating actNities 183.849 84.384 Cash flows from investing a¢tivities Purchase of langible fixed assets Interest received {805) 666 1,197 Net cash (used in)Iprovided by investirvJ activibes (139 1.197 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 184,710 85.581 537.691 452,110 Cash and cash equivalents atthe end of the reporting period 722.401 537.691 The notes form part of these financial statsments 51 fyrnru Lllelo￿le Wq*5 Llenyddiaeth CymrulLiterature Wales ' Notes to the Cash Flow Ststement for the Year Ended 31 March 2022 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2022 2021 Net income for the reporting period {as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Decrease in slocks Ilncrease)Idecrease in debtors In¢reasel{decrea5e) in credttors 73,960 78.826 4.884 (666) 5,046 (1.197) 89 75.520 73.900) 140.211} 146.834 Net cash provlded by operations 184.849 84.384 ANALYSIS OF CHANGES IN NET FUNDS At 114121 Cash flow At 3113122 Net cash Cash at bank and in hand 537,691 184,710 722.401 537.691 184.710 722.401 Total 537,691 184.710 722.401 The notes form part of these financial statements 52 Literoh woles Llenyddiaeth CymrulLiterature Wales Notes to the Financial Statements for the Year Ended 31 March 2022 ACCOUNTING POLICIES 8asls of preparing the financial statements The financial statements of Ihe charitable company, which is a public benefit enttty under FRS 102, have been prepared in accordance the Charities SORP (FRS 102) 'Accounting and Reporting by Chaiities.. Statement of Recommended Practs'ce applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) leffeclive 1 January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the . Companies Acl 2006. The financial statements have been tKepared under the historical cost convention. modrfied to include the revaluation of freehold propertEs. The principal accounting policies adopted are set out below. Incorning resources All income is recognised in the Statement of Financial Activities On￿ the charity has entitlement to the funds, it is probable that the income wll be received and the amount can be . measured reliably. Grants Grants receivable are treated in drfferent v￿yS dependent upon their purposes and the temis of the grant. Grants receivable for specrfic purposes are treated as restricted funds so that any unused funds can be sepaTalely identified. Grants receivable to facilitate .tlie general running of the project i.e. where the directorsllrustees can choose how the funds are expended. are treated as unrestricted funds. Cash donations are recognised on receipt. Other donations are recc*3nised once the charity has been notified of the donation, unless perf0rnan￿ conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is re¢ognised at the time of the donation. Tumover is measured at the faif value of the consideration received or re￿1vable and represents amounts recervable for goods and seNices provided in the normal course of business, net of discounts. VAT and other sale5 related taxes. Resources expended Expenditure is accounted for on an accruals basis and has been classrfied under headings that aggregate all cost ￿lated to Ihe category. Where costs cannot be directly attributed to part￿ular headings they have been allocated to activities on a basis consistent with the use of resources. 53 continued... Llen>rdKIP Cymw Liierotu Wults Llenyddiaeth CyrnrulLiterature Wales Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ACCOUNTING POLICIES - continued Resources expended Charitable expenditure comprises these costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indi￿t nature ne￿SSary lo support them. Govemance costs include those costs associated meeting constrtulional and statutory requirements of the charity and indude audit fees and costs linked to the strategic management of the charty. All costs are allocated between the expendiiure categories of the Stalement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly. Offsetting There has been no oftsetting of assets or liabll￿-es. or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants offered subject to conditions *fvhich have not been met at the year end date are noted as a commilment but not accrued as expendilure. Charitable funds Unrestricted funds Unrestricted funds Can be used in accordance ￿th the charllable objectives at the discretion of the trustees. Designated funds Designaled funds are unrestricted fuDds of the charity which have been sel aside to fund particular future activities of the charity. Restricted funds Restricted funds can only be used for particular purposes wthin the objects of the charity. Restrictions arise when specrfied bythe donor or bthen funds are raised for particular restricted purposes. Further explanalion of the nature and purpose of each fund is included in the notes to the financial slaternents. Tangible fixed assets Depreciation is provided at the following annual rates in order lo write ¢)ff each asset over its estimated useful lrfe. Freehold land and buildings Planl and machinery Fixtures and frttings 2% straight line. 100/0 and 20.10 ieducing balance 10% reducing balance . The trustees have agreed to revalu8 the freehold land and buildings owned by the chanty every 5 years from October 2019. Depreciation has not been charged on the freehold land. and buildings because due to Iheir expected realisable value at the end of 50 years the Trustees consider the value of the depreciation charge to be insignificant. continued... lIen￿￿KIeth Cymru Lil4Yuluro woies Llenyddiaeth CymrulLiterature Wales Notes to the Financial Statements - continued for the Year Ended 31 MaT¢h 2022 ACCOUNTING POLICIES - continued Tangible fixed assets Fixed assets are stated at cost less accumulated depreciation. Addilions costing less than £500 are not capitalised. stocks Stocks are staled at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct malenals and. where applicable. direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the estimated selling price less all estimated costs of completion and cosls to be incurred in marketing. selling and distribution. Taxation As a charity. Lleny(Idiaeth Cymru l Literature Wales is enbued to the exemption from taxation in respect of income and capital gains received wth sections 47￿89 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the exient that these are applied to its chartlable objects purposes only. Financial instruments The charty onty has financial assets and finanual liabililies of a kind that qualrfy as basic financial instruments. Basic financial instruments are inf(ially recognised at transaction value and subsequently measured at their settlement value. Basic financial assets Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the arnount prepaid net of any trade discounts due. Basic financial liabilities Creditors and provisions Credf(ors and provisions are recognised where the charity has a present obligation resulting from a past event that wll probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are nomally recognised at Iheir settlement amount after allowng for any trade discounts due. Liabilities policy Liabililies are recognised in the Slatement of Financial Acttvlties as they become payable. Irrecoverable VAT Irrecoverable VAT is charged against the category of resour￿$ expended for which tt was incurred. 55 continued. L*nyMAieih Cymru LiieFotwe waios Llenyddiaeth CymrulLiterature Wales Notes to the Financial Statements - continued forthe Year Ended 31 March 2022 ACCOUNTING POLICIES- continued Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks. other 5hort- term liquid investments with original maturities of three monlhs or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilrties. Pensions The charity operates a defined contribution scheme for the benefrt of its employees. The assets of the scheme are held separately ffom Ihose of the charity- Contributions payable are charged to the profrt and loss account in the year they are payable and are charged against unrestricted funds. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the charity's accounting policies, the trustees are required to make judgement5, estimates and assumptions.about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be re￿Vant. Actual results may differ from these estimates. The estimates and undeilying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in Ihe period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and futu￿ periods. DONATIONS AND LEGACIES 2022 2021 Donations 4,281 3.828 OTHER TRADING ACTIVITIES 2022 2021 Sale of books Hire of Ty Newydd 4.266 65.572 7,861 13,430 69.838 21.291 56 continued... Llen>%lthoetb Cyrniy LiieroiL¥e wo*s Llenyddiaeth CymrulLiterature Wales Notes to the Financial Statements - continued for the Year Ended 31 Mar¢h 2022 INVESTMENT INCOME . 2022 2021 Interest receivable 666 1,197 INCOME FROM CHARITABLE ACTIVITIES 2022 2021 Income froffl activities Grants 49,380 907,385 , 24,838 860,447 956,765 885,285 Grants received. included in the above. are as follo￿.. 2022 2021 Arts Council of Wales Welsh Assembly Government Bardd Plant Cymru Reading Friends other 848,485 4.800 10.000 799,485 1.000 10,000 10,540 39.422 44.100 907,385 860,447 RAISING FUNDS Raising donations and legacies 2022 2021 Fundraising Ty Newydd Operational 39.158 54.792 23.709 9,033 93,950 32.742 57 continued... Cy Lilwoluie Woles Llenyddiaeth CymrulLiteralure Wales Notes to the Financial Statements - Continued forthe Year Ended 31 March 2022 CHARITABLE ACTIVITIES COSTS Grant funding of Direct activities Costs (see (see note note 9) 10) Support costs (see note 11) Totals Income from aclivibes Grants 787,592 24.261 811,853 58,388 58.388 787.592 58,388 24,261 870.241 DIRECT COSTS OF CHARITABLE ACTIVITIES 2022 2021 Participation Writer development Wales literary culture Operational costs 93,875 235,921 247.415 210.381 157,008 109.658 296.679 186.000 787,S92 749.345 10. GRANTS PAYABLE 2022 2021 Grants S8,388 34,275 The total grants paid to insts"tutions during the year was as follows- 2022 2021 Granls to organisations Grants to individuals via organisations Grants to individuals (Bursaries) 15.404 500 42.484 11.000 2.680 20.595 58,388 34.275 58 continued... LleTh>thKieth Lrierotwe Woies Llenyddiaelh CymrulLiterature Wales Notes to the Financlal Statements - continued for the Year Ended 31 March 2022 11. SUPPORT COSTS Governance costs Depreciation Totals Incorne from activitie5 4,884 19.377 24.261 Support costs, included in the above. are as foll()ws". 2022 Income from activities 2021 Totsl activities Depreciation of fixed assets Auditors. remuneration Governance costs Administrative costs 4,884 7,740 9,242 2,395 5.046 7.500 15,669 3,521 24.261 31.736 12. NET INCOMEI(EXPENDITURE) Net incomellexpendrture) is stated after chargingl(credrting): 2022 2021 Auditors, remunerats'on Depreciation - owned assets 7,740 4.884 7.500 5,046 13. TRUSTEES. REMUNERATION AND BENEFITS No trustees received reffluneration for the year erided 31 March 2022 {2021'. £nil). However. payments were made to trustees and connected persons by Ltterature Wales for activities organised direclly by Literature Wales or for ath"vities supported by Literature Wales Ihrough Wrilefs on Tour. There were 6 board and committee members (2021.. 3) who received fees totalling £1,415 (2021.. £1,100). 59 continued... Cymw Liierotwe wgl Llenyddiaeth CymrulLiterature Wales Notes to the Financial Ststements - continued for the Year Ended 31 March 2022 13. TRUSTEES. REMUNERATION AND BENEFITS - continued . Trustees. expenses No travel expenses were reimbursed to the board members12021: 0 board members) during the financial year12021: £0). 14. STAFF COSTS The average monthly number of employees during the year was as follows.. 2022 19 2021 18 Average number of employees The number of ernployee5 vthose employee benefits (exduding employer pension costs) exceeded £60.000 was. 2022 2021 £60.001- £70.000 Key managernent personnel The total benefits paid to key management personnel during the year was £152,289 5 key personnel (2021.. £156,CEO - 4 key personnel). 2022 2021 Gross Staff Costs Employers National Insurance Employers penS￿n Contn"bLrtJ"ons 607.379 46.869 18,302 486,619 42.381 18.469 Total Slaff Costs 572.550 547.469 60 continued... LIen>￿eth Cyryu Liieiotwv w￿¢5 Llenyddiaeth CymrulLilerature Wale5 Notes to the Financial Statements - continued for the Year Ended 31 March 2022 15. TANGIBLE FIXED ASSETS Freehold land and buildings Fixiures and frtlings Plant and machinery Totals COSTIVALUATION Al 1 April 2021 Additions 2,219,446 3.020 50.217 2,272,683 805 805 Al 31 March 2022 2.219.446 3.020 51,022 2 273.488 DEPRECIATION At 1 April 2021 Charge for year 1,349,446 2.199 82 28.034 1,379.679 4.802 4,884 At 31 March 2022 1.349.446 2.281 32,836 1,384.563 NET BOOK VALUE At 31 March 2022 870,000 739 18.186 888,925 At 31 March 2021 870.000 821 22,183 893.004 Arts Council of Wales has a legal charge over the properties held within fixed assets. These properties are Ty Nebvydd and Nanl and Hafodty. Criccieth. Gwynedd. The freehold property was valued at £900.000 on an open market basis on the 30th of October 2019 by North Wales Surveyors. Its value has been reviewed and is deemed to be £870,000 in the trustees. opinion at the balance sheet date. 16. STOCKS 2022 2021 Stocks 1.424 1.472 17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade deblors Prepayments and accnjed income 90.759 15.947 47.500 18,995 106.706 66,495 61 conb'nued... CyThru Liieta¢ui¢ Wa￿5 Llenyddiaeth CymrulLiterature Wales Notes to the Finan¢lal Statements - continued for the Year Ended 31 March 2022 18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade creditors Other creditors Deferred income 127,488 99,045 113.986 104,106 39,164 50,415 340,519 193.685 Deferred Income: 2022 2021 Balance brought forward Income received Income released 50.415 141.769 78.188) 78,035 64,888 92,508) 113.986 50,415 Contained within deferred income is £58.652 that relates to courses and trading, and £55,334 thal relates to performance related grants received in advan￿. 19. LEASING AGREEMENTS Minimum lease payments under non"cancellable operating leases fall due as follows: 2022 2021 Within one year Betr￿n one and five years 228 912 228 228 1.140 Total lease payments recognised as expenses in the SOFA during the year were £91212021.. £912). 20. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2022 Tolal funds 2021 Total funds Unrestricted Restricted funds furKIs Fixed assets Current assetsl(liabilrf(ies) 18,925 397.174 870,000 92.838 888,925 490,012 893,004 411,973 416,099 962,838 1,378,937 1,304,977 62 continued. Cymru Liierotuie wa*$ Llenyddiaeth CymrulLiteralure Wales Notes to the Financial Statements - continued for the Year Ended 31 March 2022 21. MOVEMENT IN FUNDS Net movement in funds Transfer5 be￿een funds Al 3113122 At 114121 ,Unrestricted funds General fund Glyn Jones Bequest John Trtpp Fund Ty Newydd Bursaries Legacy Fund Pilot Activity Fund Repiesenting Wales - Aftercare Tg Nevrydd Buildings Ty Newydd Capital Reserve BOTY Consultation Child￿n,$ Lavreate Do You Get Me Somali Dance Cornmissions 218,638 53,282 4,580 2,2S8 16.030 20,000 5.000 20.000 15.000 24,446 12,332 118,479) 224,605 65.614 4.580 2,538 21,030 25,000 4,800 25,000 20,000 3,000 1,842 1.090 1,000 16.000 280 5,000 5,000 1200 5,000 5,000 3.000 1,842 1,090 1.000 16,000 354.788 59.790 1,521 416,099 Restricted funds 8ardd Plant Cymru Dylan Day Llen Pawb l Lf( Reach Reading Friends Rhys Davies Trust Roald Dahl 100 Weird & Wonderful Wales Capital Development Fund Jan Mark Bursary Judi Thwaite Bursary Literature & Health Bridging the Gap (MIND> Representing Wales (Lottery) 2.849 662 1.754 1,521 3.684 6.000 1,142 870,000 5.870 500 14.328 6.252 35.627 2.944 5.793 662 1,754 11.521) 3,684 6,000 1,142 870,000 5.870 soo 10,368 13,027 44,038 {3,960) 6,775 8.411 950,189 14,170 1,521) 962,838 TOTAL FUNDS 1.304,977 73,960 1.378.937 63 continued... Cyrnru Liter0￿+ w¢*s Llenyddiaeth CymrulLiterature Wales Notes to the Financial Ststements - contlnued for the Year Ended 31 March 2022 21. MOVEMENT IN FUNDS- continued Net movement in funds. included in the above are as folloKE'. Incoming Resources Movement Tesources expended in funds Unrestricted funds General fund Glyn Jones Bequest Tg Newydd Bursaries Representing Wales - Aftercare BOTY Consultation Children's Lavreate Do You Get Me Somali Dance Commissions 868,915 12,332 280 {844.4691 24.446 12,332 280 1200) 3,000 1,842 1,090 1,000 16,000 (200) 3.000 13.468 17.100 1.000 16.000 111.626) 116.010) . 932,095 1872,305) 59.790 Restricted tunds Bardd Plant Cymru Literature & Heamh Bridging the Gap {MIND) Representing Wales (Lottery) 12.500 (9,556} (3.9601 (4,2251 74.145) 2.944 {3,9601 6,775 8,411 11.000 82.556 106,056 (91.886) 14,170 "TOTAL FUNDS 1.038.151 964.191) 73,960 continued.. Cy Liieralur• woies Llenyddiaeth CymrulLiterature Wales Note$ to the Financial Staternents - ¢ontinued for the Year Ended 31 March 2022 21. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net mvement in funds Transfers be￿￿n funds Al 3113121 At 114120 Unrestricted funds General fund Glyn Jones Bequest John Tripp Fund Ty Newydd Bursaries Fran Wen Fund Ty Newydd Digital Courses National Dan￿ Fund Legacy Fund Pilot Activity Fund Representing Wales - Aftercare Ty Newydd Buildings Ty Newydd Capital Reserve 254.920 40.621 4.580 1,922 1.500 2.000 34,748 12.661 (71,030) 218,638 53.282 4.580 2.258 336 (1,500) (2,000) (2.000) 16,030 20.000 16.030 20.000 5,000 20.000 15.000 5.000 20.000 15,000 307,543 47,245 354.788 Restricted funds Bardd Plant Cymru Dylan Day Llen Pawb l Lit Reach 'Reading Friends Rhys Davies Trust Roald Dahl 100 Weird & Wonderful Wales Capilal Development Fund Jan Mark Bursary Judi Thwarte Bufsary Literature & Health Bridging the Gap (MIND) Representing Wales (Lottery) 6.177 662 1.754 7.491 3.684 7,000 1.142 870,000 5,870 500 14,328 (3.328) 2.849 662 1,754 1,521 3,684 6,000 1,142 870.000 5.870 500 14.328 6,252 35.627 15.970) (1.000) 6.252 35.627 918.608 31,581 950.189 TOTAL FUNDS 1.226.151 78.826 1.304.977 65 ontinued... lieTh￿L￿o9th LiieTh]hM¢ Wa￿5 Llenyddlaeth CymrulLiterature Wales Notes to the Financial Statements - continued for the Year Ended 31 March 2022 21. MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows.. Incoming Resources Movement sources expended in funds Unrestricted funds General fund Gtyn Jones Bequest Ty Newydd Bursaries Fran Wen Fund Ty Newydd Digital Courses National Dance Fund Representing Wales - Aftercare 818.332 12.661 336 (783,5841 34,748 12.661 336 {1,500) (2,000) (2,000) 5.000 (1.500) {2.000) (2,000) 5,000 836,329 (789.084) 47,245 Restricted funds Bardd Plant Cymru Reading Friends Roald Dahl 100 Bridging the Gap (MIND) Representing Wales (Lottery) 10,000 10.539 {13,3281 116.509) (1.000) (4,748) 23.429) (3,328) (5,970) (1,000) 6.252 35.627 11.000 59.056 90.595 59.014 TOTAL FUNDS 926,924 848.098) 78.826 continued... LIeTh￿￿t￿ Cymiu Liierotwe w¢ies Llenyddiaeth CymrulLiterature Wales Notes to the Financial Ststements - continued for the Year Ended 31 March 2022 21. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined position is as follows= Net movement in funds Transfers between funds At 3113122 Al 114120 Unrèstricted funds Gener21 fund Glyn Jones Bequest John Tripp Fund Ty Nevrydd Butsanes Fran Wen Fund Ty Newydd Digital Courses National Dance Fund Legacy Fund Pilot Activity Fund Representing Wales - Aftercare Ty Newydd Buildings Ty Newydd Capital Reserve BOTY Consultation Children's Laureate Do You Get Me Somali Dance Commissions 254.920 40,621 4.580 1,922 1,500 2,000 2.000 59,194 24.993 (89,509) 224,605 65,614 4,580 2.538 616 (1,500) (2.000) (2,000) 21,030 25,000 21,030 25,000 4.800 25.000 20,000 3,000 1.842 1,090 1.000 16.000 4.800 25.000 20.000 3.000 1.842 1.090 1,000 16,000 307.543 107.035 1,521 416.099 Restricted funds Bardd Plant Cymru Dylan Day Llen Pawb l Lrt Reach Reading Friends Rhys Oavies Trust Roald Dahl 100 Weird & Wonderful Wales Capital Development Fund Jan Mark Bursary Judi Thwaite Bursary Literature & Health Bridging the Gap {MIND) Representing Wales (Lottery) 6.177 662 1.754 7,491 3.684 7.000 1.142 870,000 5,870 500 14.328 (384) 5,793 662 1.754 15,970) (1.521) 3.684 6.000 1,142 870,000 5,870 500 10.368 13,027 44,038 {1.000) {3,960) 13.027 44.038 918.608 45.751 1.521 TOTAL FUNDS 1.226.151 152,786 1,378,937 67 continued... uw)yOrfKIp 'Cymru Liierotwe woks Llenyddiaeth CymrulLiterature Wales Notes to the Financial Statements - continued for the Year Ended 31 March 2022 21. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months cornbined net movement in funds, included in the above are as follow5- Incoming Resources Movement resou[￿S expended in funds Unrestricted funds General fund Glyn Jones Bequest Ty Newydd Bursaries Fran Wen Fund Ty Newydd Digital Courses National Dance Fund Representing Wales- Aftercare BOTY Consultation Children's Laureate Do You Get Me Somali Dance Commissions 1.687.247. (1,628,053) 24.993 616 59.194 24,993 616 11.500) 12,000) {2,000) 4,800 3,000 1,842 1,090 1,000 16,000 11,5001 12.000) 12.000) (200) 5.000 3.000 13,468 17,100 1.000. 16,000 (11.6261 (16,010) 1.768.424 (1,661.389) 107.035 Restrlcted funds Bardd Plant Cymru Reading Friends Roald Dahl 100 Literature & Health BridgDg the Gap (MIND) Representing Wales {Lottery) 22.500 10,539 {22,884) (16,509) {1.000) {3,960) {8,973) 97,574) 1384) {5,970) {1,000) {3,960) 13,027 44,038 22,000_ 141.612 196.651 150,900 45,751 TOTAL FUNDS 1.,965,075 1.812.289) 152.786 RESTRICTED FUNDS Literature Reach is a programme which provides opportunities for lrterature to benefrt the health and wellbeing of the most disadvantaged and vulnerable individuals in our communities. It is funded by Arts Council Wales and the participating Local Authoiities. Literature and Health includes various grants received for promoting healih and wellbeing through lrteralure. Young People's Laureate indudes funds received for international activllies for the Laureate. The balance has been allocated to Children's Laureate Wales activity during the year. Rhys Davies Trust- Literature Wales received a grant from The Rhys Davies Trusl for various aclivrties including communty vnrkshops in South Wales. Bardd Plant Cymnj - Lf(erature Wales re￿iVeS annual funding from Welsh Government and S4C towards this projecL which is the Welsh-langu2ge Children's Post Laureate. Lienytklvelh Cyrnru liter0￿￿* Llenyddiaeth CymrulLiterature Wales Notes to the Financial Statements - continued for the Year Ended 31 March 2022 21. RESTRICTED FUNDS- continued Capital Development Fund - funded the purchase and substantial improvement works on the fTeehold properties. The value of the properties reflected in the accounts refie¢t the market value. The Arts Council of Wales IACW) has a legal charge over the properties until April 2031. Should the charity sell or change tts use of the properties the charity would be required to repay ACWS original investment of£1.010.192. Jan Mark Bursary offers bursaries towards the costs of attending a course at Ty Nevrydd to applicants meeting the specified Criieria. Judi Thwaite Bursary offers bursaries towards the costs of attending a Course at Ty Newydd to applicants meeting the specified criteria. Reading Friends Funding VRS provided by the Reading Agency for a befriending project to connect older people and people with dementia by starting conversations through reading. Roald Dahl 100 funding was provided for.specific projects surrounding the Roald Dahl centenary. The remaining balan￿ is to be spend on supporting legacy activities with young people across Wales. Weird and Wonderful Wales funding vms provided for a tour of Wales exploring myths and legends and includes funds received frorn sales of merchandise that will be eannarked for activities with largel clients and communities. Dylan Day funding was awarded by the Welsh Govemment to run events in ￿lebration of Dylan Thomas, birth following the centenary in 2014. Representing Wales - a 12 month professional writer development programme for writers of colour launched in 2020-21 funded by the Lottery through the Arts Council of Wales. The programme aims to support a cohort of 12 writers in developing their professional career as a writer. Bridging"the Gap - Funding from Newport Mind through Comic Relief to provKle support to young people with mental health conditions. DESIGNATED FUNDS The income funds of the chanty include the following funds which have been set aside out of restricled funds by the trustees for speCrf￿ purposes.. Glyn Jones Bequest - A legacy was bequeathed to Literature Wales with the purpose of supporting new writer5 and crealing a meeting pla￿ for wrrters. This furKJ is allocated to developments at the Glyn Jones Centre in the Wales Millennium Cent￿- John Tripp Fund- A reserve Set aside to assist vrriter development: and Ty Newydd Bursaries- A reserve set aside to assist writer development. Represehting Wales - Aftercare - A designated fund created to-support the 2021 cohort of Representing Wales On￿ the programme comes to an end. 69 LIer￿l*Ot1Th Cyryvu Litertsi¢x* Woles Llenyddiaeth CymrulLiterature Wales Notes to the Financial Statements - continued for the Year Ended 31 March 2022 21. DESIGNATED FUNDS - continued Ty Newydd Buildings in order to ring-fence funds to respond lo unforeseen repairs or maintenance costs as well as large scale ¢onseNation or renovation work at Ty Newydd. This is not for ongoing or planned maintenance or repair work, or for work which may be covered by an insurance claim. Tg Ne￿dd Capital Development Combined wtth the Capttal Development Reserve (Restricted Fund). Direclors aim to hold sufficient funds to meet the requirements to repay the ACW grant awarded to develop Ty Newydd in 2005, should it default on any of the condrtions of the Legal Charge or Grant Agreement. This agreement comes to an end on 3 April 2031, after which any funds remaining wll be transferred to General Unrestricted Reserves. Pilot Activity Fund - lo allow LW to pilot rthy activity and partnership in a low risk manner. Directors have created a new fund which wll allow staff to pursue new opportunities and continue to extend the organisats'on's reach. Legacy Fund - to allow LW to extend adivty or support partner organisations in takirKJ ownership of projects. Do You Get Me- A year long residential project at Tonyrefail Comprehensive School involving fomer Children's Laureate Eloise Williams. Children's Laureate- designating unspent funds for use at the end of Connor Allen's first year as Children's Laureate. Somali Dance- Contribution to Somali Dance project in partnership with NDCW. BOTY Consultation - funds ringfenced for consultation on Book of ihe Year, orwJinally planned for early 2022 but postponed until new CEO in post. 22. EMPLOYEE BENEFIT OBLIGATIONS The charity operates a defined contn'buts'on pension scheme for all qualfying employees. The assets of,the scheme are held separately from those of the charily in an independently administered fund. The charge to the income and expendf(ure account in respect of defined contribution schemes was £18.302 (2021- £18,469)- 23. RELATED PARTY DISCLOSURES Details of trustee remuneration and benefrts are disclosed in note 13. 24. COMPANY STATUS The organisation is a cofflpany limited by guarantee. The guarantors are the trustees as set oul on page 41. The liability is limited to an amount of £1 member in accordariee wlh ihe organisation's Memorandum of Association. 70