2023-03-31-accounts

		Page
Trustees' report		1-5
Statement oftrustees'	responsibilities
Independent examiner's report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements	10-17

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2023	2023	2023	2022	2022	2022
			Notes		8		6	f	6
Income from:
Donations and
legacies				182		182	582		582
Charitable activities				1,554	140,629	142,183	21,883	90,196	112,079
Investments				66		66	9		9
Total income				1,802	140,629	142,431	22,474	90,196	112,670
Emattflit~n;
Charitable activities					101,845	101,845	18,610	90,196	108,806
Net incoming	resources
before transfers				1,802	38,784	40,586	3,864		3,864
Gross transfers
between funds				29,460	(29,460)
Net income for		the year/
Net movement		in funds		31,262	9,324	40,586	3,864		3,864
Fund balances	at 1		April
2022				26,409		26,409	22,545		22,545
Fund balances		at	31
March 2023				57,671	9,324	66,995	26,409		26,409

Unrestricted	Unrestricted
funds	funds
2023	2022
8	8
182	582

					2023	2022
					8	8
Programmes		and sessions			12,240	15,306
Grants					129,943	96,773
					142,183	112,079
Analysis	by	fund
Unrestricted		funds			1,554	21,883
Restricted	funds				140,629	90,196
					142,183	112,079
Grants
Arts Council		Wales				1,577
Community		Fund Wales (National	Lottery Community	Fund)	112,409	90,196
Caerphilly	County Borough Council				4,225	5,000
Co-Operative					1,204
Newport City Council					12,105
					129,943	96,773

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
			8
Bank	interest

							2023	2022
							E	E
Staff costs							19,972	30,351
Freelance,	artist and	project	costs				71,700	71,708
Marketing	and PPS						1,867	595
Office costs							4,801	2,231
Other staff	costs						723	645
							99,063	105,530
Share ofsupport costs (see			note 7)				1,507	1,745
Share ofgovernance		costs	(see note 7)				1,275	1,531
							101,845	108,806
Analysis	by fund
Unrestricted funds								18,610
Restricted	funds						101,845	90,196
Support costs
			Support	Governance	2023	Support	Governance	2022
			costs	costs		costs	costs
			E	E	E	F	E	E
Staff costs			1,051		1,051	1,597		1,597
Bank charges			105		105
Marketing	and PPS		98		98	31		31
Office costs			253		253	117		117
Independent examination
fees				1,275	1,275		1,531	1,531
			1,507	1,275	2,782	1,745	1,531	3,276
Analysed	between
Charitable	activities		1,507	1,275	2,782	1,745	1,531	3,276

The average	monthly number ofemployees during th	e year was:
		202$	2022
		Number	Number
Employment	costs	202$	2022
		6	8
Wages and salaries		20,660	30,848
Other pension costs		363	1,100
		21,023	31,948

Creditors: am	ounts falling due within one	year
			202$	2022
		Notes	8	8
Deferred income				23,580
Trade creditors				44
Accruals			1,529	2,531
			1,529	26,155
Deferred income
			202$	2022
			8
Other deferred	income			23,580

12	Deferred income														(Continued)	(Continued)
														2023		2022
														8		E
	Deferred income	is	included		within:
	Current liabilities															23,580
	Movements in the	year:
	Brought forward													23,580		36,054
	Released from previous			periods										(23,580)		(28,243)
	Resources deferred		in the year													15,769
	Carried forward															23,580
	Deferred income	in the		prior	year		related	to	funds received		in advance	for	projects	which were	undertaken in
	2022/23 as agreed		with	the funders.
13	Restricted funds
	The income funds		of the charity				include	restricted		funds	comprising	the following		unexpended		balances of
	donations and grants held on trust						for specific purposes:
		Movement			in	funds					Movement		in funds
			Incoming			Resources			Balance at		Incoming	Resources		Transfers		Balance at
			resources			expended			1 April 2022		resources	expended			31Slarch 2023
				F			8				8
	Community
	Fund Wales		90,196				(90,196)				112,409	(101,845)		(1,975)		8,589
	Caerp hilly
	County
	Borough
	Council										16,115			(16,115)
	Newport City
	Council										12,105			(11,370)		735
			90,196				(90,196)				140,629	(101,845)		(29,460)		9,324

14	Analysis of	net assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
			6	6	6	5		6
	Fund balances at 31
	March 2023	are
	represented	by:
	Current assets/(liabilities)		57,671	9,324	66,995	26,409		26,409
			57,671	9,324	66,995	26,409		26,409