2022-08-31-accounts

		Page
Trustees' report
Statement oftrustees'	responsibilities
Independent examiner's report
Statement offinancial	activities
Balance sheet		10 - 11
Notes to the financial	statements	13-24

Reference	and administrative	and administrative	and administrative	details
Registered	charity number			1147922
Rsgistemd	company		number	08118295
Board oftrustees				ASCarlton
				KAAli - Resigned 20/6/2022
				J Williams
				D G Pugh
				ERERess - Resigned 29/9/2022 MJ BuAon
				AEagle - Resigned			12/9/2021
				F FJones
				IRess
				JBany - Appointed 8 Ham - Appointed		3/1/2023 3/1/2023
Key management		personnel		Csrys Wynne-Morgan			-Chief Executive Discer
				Hannah Beadsworihy			-Development	Manager
				Craig Yates	- Creagve Director
Registered	office			Ty Derw, I ime Tres			Court
				Cardiff Gate	Business Park
				Cardilf
				CF23 SAB
Independent	examiners			Azsts Audit	Services
				Independent	Examiners
				Ty Derw, Lime Tree		Court
				Cardiff Gate	Business Park
				Cardiff
				CF23 8AB
Bankem				HSBC Bank	pic
				15Churchill	Way
				Cardiff
				CF102HD
The trustees'	report	was	approved	by the Board ofTrustees.

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2022	2022	2022	2021	2021	2021
		Notes			8	6
Income from:
Donations and	legacies	3	105,957	14,447	120,404	55,618		55,618
Charitable activities		4	311,237	128,386	439,623	340,131		340,131
Other trading activities		5	49,511		49,511	854		854
Total income			466,705	142,833	609,538	396,603		396,603
Rttgggt)ittmug;
Charitable activities		6	474,040	117,936	591,976	332,688	387	333,075
Net (outgoing)/incoming
resources before transfers			(7,335)	24,897	17,562	63,915	(387)	63,528
Gross transfers	between
funds			966	(966)
Net (expenditure)/income		for
the year/
Net movement	in funds		(6,369)	23,931	17,562	63,915	(387)	63,528
Fund balances	at 1 September
2021			178,923	10,993	189,916	115,008	11,380	126,388
Fund balances	at 31August
2022			172,554	34,924	207,478	178,923	10,993	189,916

				2022		2021
			Notes			f
Fixed assets
Intangible	assets		10		2,274		3,525
Tangible assets			11		5,004		4,480
					7,278		8,005
Current assets
Debtors			12	51,829		1,029
Cash at bank and in		hand		319,436		340,374
				371,265		341,403
Creditors:	amounts	falling due within
one year			13	(171,065)		(159,492)
Net current	assets				200,200		181,911
Total assets less current liabilities					207,478		189,916
Income funds
Restricted U~ti t	funds d t		18		34,924		10,993
Designated	funds		17	33,732		33,005
General unrestricted		funds		138,822		145,918
					172,554		178,923
					207,478		189,916

				2022		2021
			Notes	8
Cash flows from operating		activities
Cash (absorbed	by)/generated	from
operations					(18,010)		161,015
Investing activities
Purchase oftangible fixed assets				(2,928)		(4,627)
Net cash used	in investing	activities			(2,928)		(4,627)
Net cash used	in financing	activities
Net (decrease)/increase in		cash and	cash
equivalents					(20,938)		156,388
Cash and cash	equivalents at beginning		ofyear		340,374		183,985
Cash and cash	equivalents	at end of	year		319,436		340,374

				Unrestricted	Restricted	Total	Total
				funds	funds	2022	2021
Donations		and sponsorship		105,957	14,447	120,404	55,618
				55,618			55,618
Charitable			activities
					2022		2021
					6		5
Earned	income				50,318		17,550
Grants,	trusts and foundations				389,305		322,581
					439,623		340,131
Analysis		by	fund
Unrestricted			funds		311,237		340,131
Restricted		funds			128,386
					439,623		340,131

						Unrestricted	Unrestricted
						funds	funds
						2022	2021
							8
	Merchandise					7,176	854
	Sponsorship					42,335
	Other trading		activities			49,511	854
6	Charitable	activities
						2022	2021
						8	8
	Staff costs					273,684	220,985
	Depreciation					3,655	1,619
	Artistic and	performance			costs	251,855	57,300
						529,194	279,904
	Share ofsupport costs				(see note7)	60,082	51,521
	Share ofgovernance			costs (see note7)		2,700	1,650
						591,976	333,075
	Analysis by		fund
	Unrestricted		funds			474,040	332,688
	Restricted funds					117936	387
						591,976	333,075

The average	monthly number ofemployees during th	e year was:
		2022	2021
		Number	Number
Artistic
Administrative
		10
Employment	costs	2022f	2021 8
Wages and salaries		248,242	201,788
Social security	costs	18,017	13,355
Other pension	costs	7,425	5,842
		273,684	220,985

10	Intangible fixed assets	Intangible fixed assets	Intangible fixed assets
						Arrangements
	Cost
	At 1 September 2021		and 31August 2022			12,500
	Amortisation	and impairment
	At 1 September 2021					8,975
	Amortisation	charged for the year				1,251
	At 31August	2022				10,226
	Carrying amount
	At 31August	2022				2,274
	At 31August	2021				3,525
11	Tangible fixed assets
				Computer	and	music equipment
						8
	Cost
	At 1 September 2021					9,077
	Additions					2,928
	At 31August	2022				12,005
	Depreciation	and impairment
	At 1 September 2021					4,494
	Depreciation	charged	in the year			2,507
	At 31August	2022				7,001
	Carrying amount
	At 31August	2022				5,004
	At 31August	2021				4,480
12	Debtors
					2022	2021
	Amounts falling due		within one year:
	Trade debtors			46,597
	Other debtors			1,700		1,029
	Prepayments	and accrued income		3,532
				51,829		1,029

Creditors: amo	unts fa	lling	due within one year
						2022	2021
					Notes	6	6
Other taxation and social security						4,270	5,171
Deferred income					14	135,042	138,102
Trade creditors						20,499	7,611
Accruals and deferred		income				11,254	8,608
						171,065	159,492
Deferred income
						2022	2021
						6	6
Arising from grants						135,042	134,816
Other deferred income							3,286
						135,042	138,102
Deferred income	is included		in the financial statements	as follows:
						2022	2021
							6
Balance brought	forward					138,102	52,336
Income received						436,562	425,898
Income released						(439,622)	(340,132)
Balance carried	forward					135,042	138,102

				Movement in funds	Movement in funds
	Balance at	Resources	Balance at	Incoming	Resources	Transfers	Balance at
	1 September	expended	1September	resources	expended		31August
	2020		2021				2022
	6		6				6
Only Kids
Aloud	11,380	(387)	10,993	75,035	(58,554)		27,474
Only Kids
Aloud Disney
23				9,530	(8,700)		830
Academi				43,821	(37,201)		6,620
Crowdfunder:
Album 2022				14,447	(13,481)	(966)
	11,380	(387)	10,993	142,833	(117,936)	(966)	34,924

			Transfers	Balance at	Transfers	Balance at
				1 September		31August
				2021f		2022 f
The Aloud	Girl's Choir		10,000	10,000		10,000
Only Boys	Aloud West		10,000	10,000		10,000
Brand and	Identity Work		5,000	5,000		5,000
Intangible	and Tangible	Fixed Assets	8,005	8,005	727	8,732
			33,005	33,005	727	33,732

Analysis		of net assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2022	2022	2022	2021	2021	2021
			f	f		f		f
Fund balances at
31August		2022
are represented
by:
Intangible		fixed assets	2,274		2,274			3,525
Tangible		assets	5,004		5,004			4,480
Current	assets/(liabilities)		165,276	34,924	200,200	145,918	10,993	181,911
			172,554	34,924	207,478	145,918	10,993	189,916