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





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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2023|2023|2023|2022|2022|2022|
||||Notes||8||6|f|6|
|Income from:||||||||||
|Donations<br>and||||||||||
|legacies||||182||182|582||582|
|Charitable<br>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<br>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|





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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2023|2022|
|8|8|
|182|582|





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||||||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<br>City Council|||||12,105||
||||||129,943|96,773|



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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
||||8|
|Bank|interest|||





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||||||||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<br>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<br>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|



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|The average|monthly<br>number ofemployees<br>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|



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|Creditors: am|ounts<br>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|



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|12|Deferred income||||||||||||||(Continued)|(Continued)|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||2023||2022|
|||||||||||||||8||E|
||Deferred income|is|included||within:||||||||||||
||Current<br>liabilities|||||||||||||||23,580|
||Movements<br>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<br>income|in the||prior|year||related|to|funds received||in advance|for|projects|which were|undertaken<br>in||
||2022/23 as agreed||with|the funders.|||||||||||||
|13|Restricted funds||||||||||||||||
||The income<br>funds||of the charity||||include|restricted||funds|comprising|the following||unexpended||balances<br>of|
||donations<br>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<br>City||||||||||||||||
||Council||||||||||12,105|||(11,370)||735|
||||90,196||||(90,196)||||140,629|(101,845)||(29,460)||9,324|





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|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|



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