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





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|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<br>MJ BuAon|||||
|||||AEagle - Resigned|||12/9/2021||
|||||F FJones|||||
|||||IRess|||||
|||||JBany - Appointed<br>8 Ham - Appointed||3/1/2023<br>3/1/2023|||
|Key management||personnel||Csrys Wynne-Morgan|||-Chief Executive Discer||
|||||Hannah<br>Beadsworihy|||-Development|Manager|
|||||Craig Yates|- Creagve Director||||
|Registered|office|||Ty Derw,<br>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.|||||





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2022|2022|2022|2021|2021|2021|
|||Notes|||8|6|||
|Income from:|||||||||
|Donations<br>and|legacies|3|105,957|14,447|120,404|55,618||55,618|
|Charitable<br>activities||4|311,237|128,386|439,623|340,131||340,131|
|Other trading<br>activities||5|49,511||49,511|854||854|
|Total income|||466,705|142,833|609,538|396,603||396,603|
|Rttgggt)ittmug;|||||||||
|Charitable<br>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|





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|||||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<br>U~ti<br>t|funds<br> 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|





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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|8||||
|Cash flows from operating||activities||||||
|Cash (absorbed|by)/generated|from||||||
|operations|||||(18,010)||161,015|
|Investing<br>activities||||||||
|Purchase oftangible<br>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<br>in||cash and|cash|||||
|equivalents|||||(20,938)||156,388|
|Cash and cash|equivalents<br>at beginning||ofyear||340,374||183,985|
|Cash and cash|equivalents|at end of|year||319,436||340,374|





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|||||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|



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|||||||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<br>by||fund|||||
||Unrestricted||funds|||474,040|332,688|
||Restricted funds|||||117936|387|
|||||||591,976|333,075|





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|The average<br>|monthly<br>number ofemployees<br>during th|e year was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Artistic||||
|Administrative||||
|||10||
|Employment|costs|2022f|2021<br>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|





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|10|Intangible<br>fixed assets|Intangible<br>fixed assets|Intangible<br>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<br>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<br>amount||||||
||At 31August|2022||||5,004|
||At 31August|2021||||4,480|
|12|Debtors||||||
||||||2022|2021|
||Amounts<br>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|





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|Creditors: amo|unts<br>fa|lling|due within one year|||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||Notes|6|6|
|Other taxation<br>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<br>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|



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|||||Movement<br>in funds|Movement<br>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|





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||||Transfers|Balance at|Transfers|Balance at|
|---|---|---|---|---|---|---|
|||||1 September||31August|
|||||2021f||2022<br>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|



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|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|





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