2021-08-31-accounts

		Page
Trustees' report		1-7
Statement oftrustees'	responsibilities
Independent examiner's report
Statement offinancial	activities	10
Balance sheet
Notes to the financial	statements	13-23

Reference	and administrative	and administrative	and administrative	details
Reglstemd	charity	number		1147922
Registered	company		number	08116295
Board oftrustees				ASCanton
				M Richards	- resigned		02/03/2021
				E LHowelb	- resigned		15/7/2021
				KAAli
				JWilliams
				D G Pugh
				E RE Ress
				MJBurton
				AEagle - appointed		29/09/2020; resigned			12/09/2021
				F FJones -	appointed		29/09/2020
				lan Ress - (Chair) appointed				11/02/2021
Key management		personnel		Rachel Dominy - Chief Executive Oflicer					(to May 2021)
				Ca/ye Wynneklorgan			-Chief	Executive Dicer (frcm July 2021)
				Craig Yaies	- Acting	Music Director
Registered	oNce			Ty Derw, Lime Tree		Court
				Cardiff Gate	Business		Park
				Cardiff
				CF23SAB
Independent	examiners			AzetsAudit	Services
				Independent	Examiners
				Ty Derw, Lime Tree		Court
				Cardiff Gate	Business		Park
				Cardiff
				CF23SAB
Bankers				HSBC Bank	pic
				15Churchill	Way
				Canliff
				CF102HD

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021	2021	2021	2020	2020	2020
~hf	Notes	f	8	5	8		8
Donations and legacies	3	55,618		55,618	78,006		78,006
Charitable activities	4	340,131		340,131	275,279	16,553	291,832
Other trading activities	5	854		854	75,743	667	76,410
Total income		396,603		396,603	429,028	17,220	446,248
Eeandit~g. Charitable activities	6	332,688	387	333,075	373,600	59,265	432,865
Net income/(expenditure)
forthe yearl
Net movement in funds		63,915	(387)	63,528	55,428	(42,045)	13,383
Fund balances at 1
September 2020		115,008	11,380	126,388	59,580	53,425	113,005
Fund balances at 31
August 2021		178,923	10,993	189,916	115,008	11,380	126,388

			2021		2020
		Notes	8		6
Fixed assets
Intangible assets		10		3,525		4,775
Tangible assets		11		4,480		223
				8,005		4,998
Current assets
Debtors		12	1,029		4,843
Cash at bank and in	hand		340,374		183,985
			341,403		188,828
Creditors: amounts	falling due within
one year		13	(159,492)		(67,438)
Net current assets				181,911		121,390
Total assets less current liabilities				189,916		126,388
Income funds
Restricted funds		16		10,993		11,380
Unrestricted funds
Designated funds		17	33,005
General unrestricted	funds		145,918		115,008
				178,923		115,008
				189,916		126,388

						Unrestricted	Unrestricted	Restricted	Total
						funds	funds	funds
						2021	2020	2020	2020
						6			5
	Merchandise						743	667	1,410
	Sponsorship						75,000		75,000
	Other trading		activities			854	75,743	667	76,410
6	Charitable	activities
								2021	2020
								6	6
	Staff costs							220,985	201,198
	Depreciation							1,619	2,111
	Artistic and	performance			costs			57,300	173,397
								279,904	376,706
	Share ofsupport costs				(see note7)			51,521	54,509
	Share ofgovernance			costs (see note7)				1,650	1,650
								333,075	432,865
	Analysis by		fund
	Unrestricted		funds					332,688	373,600
	Restricted funds							387	59,265
								333,075	432,865

		2021	2020
		Number	Number
Artistic
Administrative
Employment	costs	2021	2020
		K	K
Wages and salaries		201,788	183,015
Social security	costs	13,355	12,561
Other pension	costs	5,842	5,622
		220,985	201,198

10	intangible fixed assets	intangible fixed assets	intangible fixed assets
						Arrangements
						8
	Cost
	At 1 September 2020		and 31August 2021			12,500
	Amortisation	and impairment
	At 1 September 2020					7,725
	Amortisation	charged for the year				1,250
	At 31August	2021				8,975
	Carrying amount
	At 31August	2021				3,525
	At 31August	2020				4,775
11	Tangible fixed assets
				Computer	and	music equipment
						6
	Cost
	At 1 September 2020					4,449
	Additions					4,627
	At 31August	2021				9,076
	Depreciation	and impairment
	At 1 September 2020					4,227
	Depreciation	charged	in the year			369
	At 31August	2021
	Carrying amount
	At 31August	2021				4,480
	At 31August	2020				223
12	Debtors
				2021		2020
	Amounts falling due		within one year:		8	8
	Trade debtors					1,800
	Other debtors			1,029		3,043
				1,029		4,843

13	Creditors: amou	nts f	alling	due within one year
							2021	2020
						Notes	E	E
	Other taxation and social security						5,171	4,355
	Deferred income					14	138,102	52,336
	Trade creditors						7,611	3,316
	Accruals and deferred		income				8,608	7,431
							159,492	67,438
14	Deferred income
							2021	2020
							E	E
	Arising from grants						134,816	49,050
	Other deferred income						3,286	3,286
							138,102	52,336
	Deferred income	is included		in the financial statements	as follows:
							2021	2020
							E	E
	Balance brought	forward					52,336	131,005
	Income received						425,898	288,183
	Income released						(340,132)	(366,832)
	Balance carried	forward					138,102	52,336

					Movement	Movement	in funds
			Balance at		Incoming		Resources		Balance		at	Resources	Balance at
		1	September		resources		expended		1 September			expended	31August
				2010						2020			2021
				E				E			E		E
Only Kids Aloud				53,425		17,220	(59,285)			11,380		(387)	10,993
Only Kids		Aloud: A pan-Wales		choral initiative		in partnership with		the	Hodge		Foundation.
Designated		funds
The income funds of the charity				include	the following		designated	funds		which	have	been set	aside out of
unrestricted		funds by the trustees for specific purposes:
							Movement
							in funds
							Incoming		Balance		at	Transfers	Balance at
							resources		1September				31August
										2020			2021
											E
The Aloud		Girl's Choir										10,000	10,000
Only Boys	Aloud West											10,000	10,000
Brand and		Identity Work										5,000	5,000
Intangible	and Tangible Fixed Assets											8,005	8,005
												33,005	33,005

18	Analysis	ofnet assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
			8			5		8
	Fund balances at
	31August	2021
	are represented
	by:
	Intangible	fixed assets			3,525	4,775		4,775
	Tangible	assets			4,480	223		223
	Current assets/
	(liabilities)		145,918	10,993	181,911	110,010	11,380	121,390
			145,918	10,993	189,916	115,008	11,380	126,388