# ## |||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| ## ##