2022-03-31-accounts - Memorial Hall And Theatre

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					2022	2021
			Unrestricted	Restricted	Total	Total
		Notes	fund f	funds 8	funds	funds
INCOME AND ENDOWMENTS	FROM
Donations and Iegaaes		2	240,036	39,569	279,605	328,237
Charitable actlviges		4
Income from theatre and centre			153,936		153,936	14,154
Operation ofbar &cafe			29,501		29,501
Investment income		3	15		15
Other income						17,101
Total			423,488	39,569	463,057	359,492
EXPENDITURE ON
Charitable activities
Income from theatre and centre			376,953	46,289	423,242	355,649
Operation ofbar8cafe			13,849		13,849	907
Other			5,000		5,000	7,550
Total			395,802	46,289	442,091	364,106
NET INCOMEI(EXPENDITURE)			27,686	(6,720)	20,966	(4,614)
RECONCILIAllON OF FUNDS
Total funds brought forward			3,301,632	149,350	3,450,982	3,455,596
TOTAL FUNDS CARRIED FORWARD			3,329,318	142,630	3,471,948	3,450,982

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	E		E	E
FIXEDASSETS
Tangible assets	11	3,135,455	125,044	3,260,499	3,318,534
CURRENT ASSETS
Stocks	12	4,986		4,986	2,631
Debtors	13	125,684		125,684	43,580
Cash at bank and in hand		222,818	17,586	240,404	200,036
		353,488	17,586	371,074	246,247
CREDITORS
Amounts falling due within one year	14	(118,934)		(118,934)	(67,966)
NET CURRENT ASSETS		234,554	17,586	252,140	178,281
TOTAL ASSETSLESSCURRENT
LIABILITIES		3,370,009	142,630	3,512,639	3,496,815
CREDITORS
Amounts falling due afier more than one year	15	(40,691)		(40,691)	(45,833)
NETASSETS		3,329,318	142,630	3,471,948	3,450,982
FUNDS	18
Unrestricted funds				3,329,318	3,301,632
Restricted funds				142,630	149,350
TOTAL FUNDS				3,471,948	3,450,982

DONATIONS AND	LEGACIES
		2022	2021
		5	5
Donations		1,913	367
Grants		277,692	327,870
		279,605	328,237
Grants reoeived, Included in the above, are asfollows:
		2022 8	2021f
Bany Town Council Chapter Cardiff - Film Hub Wales			112,500 9,850
Barry Town Council	—Phase 3Toilet Refurbishment		22,800
Vale of Glamorgan Bony Making Waves Fund Arts Council ofWales Cultural Recovery Fund		12,690 159,783	136,220
Vale of Glamorgan	Council - Covid rates relief	4,000	45,000
Bany Town Council	- Covid Recovery Grant		1,500
Gwynlan Festival		500
WCVA TSRF		50,000
Vale ofGlamorgan	- Summer ofFun	11,150
Arts Council ofWales - Slapping Stones to Brighter Days		39,569
		277,692	327,870

STAFFCOSTS
			2022 6	2021 f
Wages and salaries Social security costs Other pension costs			144,112 7,966 2,808	144,930 6,588 2,406
			154,886	153,924
The average monthly	number ofemployees	during the year was as follows:
			2022	2021
Management 8 Administration Barf other			8 2	8 2
			10	10

full-time	g py equivalent employees during the year	is analysed as follows:
		2022	2021
		No.	No.
Number	ofstaff	8	8

pemonnel forservices provided tothe charit	pemonnel forservices provided tothe charit	pemonnel forservices provided tothe charit	y was 647,528 (	2021f47,321).
COMPARATIVES FORTHE STATEMENT			OF FINANCIAL	ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
				6	6	6
INCOME AND ENDOWMENTS		FROM
Donations and legacies				297,406	30,831	328,237
Charitable activities
Income from theatre	and centre			14,154		14,154
Other income				17,101		17,101
Total				328,661	30,831	359,492
EXPENDITURE ON
Charitable activities
Income from theatre	and centre			293,997	61,652	355,649
Operation ofbar8cafe				907	-	907
			-19-			continued. ..

10.	COMPARATIVES FOR THE STATEMENT	COMPARATIVES FOR THE STATEMENT	OF FINANCIAL	ACTIVITIES - continued	ACTIVITIES - continued
				Unrestricted	Restricted	Total
				fund	funds	funds
				E	6	E
	Other			7,550		7,550
	Total			302,454	61,652	364,106
	NET INCOME/(EXPENDITURE)			26,207	(30,821)	(4,614)
	Transfers between	funds		(1,136)	1,136
	Net movement in funds			25,071	(29,885)	(4,614)
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		3,276,561	179,035	3,455,596
	TOTAL FUNDS CARRIED FORWARD			3,301,632	149,350	3,450,982
11.	TANGIBLE FIXEDASSETS
					Fixtures
			Freehold	Plant and	and
			property	machinery	fridngs	Totals
			E	9	E
	COST
	At 1 April 2021		3,428,420	203,727	7,928	3,640,075
	Additions			1,925	6,999	8,924
	At 31March 2022		3,428,420	205,652	14,927	3,648,999
	DEPRECIAllON
	At 1 April 2021		147,544	169,822	4,175	321,541
	Charge foryear		38,818	25,981	2,160	66,959
	At 31March 2022		186,362	195,803	6,335	388,500
	NET BOOK VALUE
	At 31March 2022		3,242,058	9,849	8,592	3,260,499
	At 31March 2021		3,280,876	33,905	3,753	3,318,534

12.	STOCKS
				2022	2021
				4,986	2,631
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				2022	2021
				6	f
	Trade debtors			28,414	18,636
	Other debtors			40,057
	VAT			7,336	4,169
	Prepayments			49,877	20,775
				125,684	43,580
14.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2022	2021
				6
	Bank loans and overdrafts	(see nota 16)		5,136	4,167
	Trade creditors			43,142	7,369
	Taxation and social security			2,594	1,846
	Other creditors			68,062	54,584
				118,934	67,966
15.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
				2022	2021
				2
	Bank loans (see note 16)			40,891	45,833
16.	LOANS
	An analysis ofthe maturity	of	loans is given below:
				2022	2021
				6	5
	Amounts falling due within one year on demand: Bankloans			5,136	4,167
	Amounts falling between one		and two years:
	Bank loans —1-2years			5,000	5,000
	Amounts falling due between		two and five yeann
	Bank loans - 2-5years			15,000	15,000
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans mom 5yr by instal			20,691	25,833

Minimum lease p	ayments under	non-cancell	able operating le	ases fall due	as follows:
					2022 f	2021 f
Within one year					1,065	1,198
Between one end	five years				266	1,598
					1.331	2,796
Lease payments	recognised as	an expense	in the period was	f1,065
MOVEMENT IN FIINDS
					Net
					movement	At
				At 1.4.21 f	in funds f	31.3.22 f
Unrestricted funds
General fund				3,301,632	27,686	3,329,318
Restricted funds
Arts Council ofWales				18,589	(16,378)	2,211
Vale ofGlamorgan	Council			4,763	(4,763)
Bany Town Coundl				55,325	(1,225)	54,100
Bany Town Council				70,673	(1,940)	68,733
Arts Council ofWales - Stepping
Stones to Brighter	Days				17,586	17,586
				149,350	(6,720)	142,630
TOTAL FUNDS				3,450,982	20,966	3,471,948
Net movement in	funds, induded	in the above are as follows:
				Incoming	Resources	Movement
				resources f	expended f.	in funds f.
Unrestricted funds
General fund				423,488	(395,802)	27,686
Resbtcted funds
Arts Council ofWales					(16,378)	(16,378)
Vale ofGlamorgan	Council				(4,763)	(4,763)
Bany Tawn Council					(1,225)	(1,225)
Bany Town Council					(1,940)	(1,940)
Aria Council ofWales - Stepping
Stones to Brighter	Days			39,569	(21,983)	17,586
				39,569	(46,289)	(6,720)
TOTAL FUNDS				463,057	(442,091)	20,966

Comparatives for	movement in fu	nds
			Net	Transfers
			movement	between	At
		At1.4.20	in funds	funds	31.3.21
		8	8		8
Unrestricted funds
General fund		3,276,561	26,207	(1,136)	3,301,632
Restricted funds
Arts Council ofWales		34,967	(16,378)		18,589
Vale ofGlamorgan Barry Town Council Barry Town Council	Council	11,905 56,550 72,613	(7,142) (1,225) (1,940)		4,763 55,325 70,673
Vale Stronger Communities		3,000	(4,136)	1,136
		179,035	(30,821)	1,136	149,350
TOTAL FUNDS		3,455,596	(4,614)		3,450,982

Comparative net m	ovement in funds, included	in the above are as follows:
		Incoming	Resources	Movement
		resources 8	expended f	in funds 8
Unrestricted funds
General fund		328,661	(302,454)	26,207
Restricted funds
Arts Council ofWales		8,031	(24,409)	(16,378)
Vale ofGlamorgan	Council		(7,142)	(7,142)
Bony Tawn Coundl Bany Town Coundl Vale Stronger Communities		22,800	(1,225) (24,740) (4,136)	(1,225) (1,940) (4,136)
		30,831	(61,652)	(30,821)
TOTAL FUNDS		359,492	(364,106)	(4,614)

A currant year 12m	onths and prior yea	r 12months combine	d position is as	follows:
			Net	Transfers
			movement	between	Al
		At 1.4.20	in funds	funds	31.3.22
		8	5		5
Unrastricted funds
General fund		3,276,561	53,893	(1,136)	3,329,318
Reetrictad funds
Arts Council ofWales		34,967	(32,758)		2,211
Vale ofGlamorgan	Council	11,905	(11,905)
Bany Town Council		56550	(2450)		54,100
Bany Town Council		72,613	(3,880)		68,733
Vale Stronger Communities Arts Council ofWales - Stepping		3,000	(4,136)	1,136
Stones to Brighter Days			17,586		17,586
		179,035	(37,541)	1,136	142,630
TOTAL FUNDS		3,455,596	16,352		3,471,948

A current year 12 months	net movement	net movement	in funds,	induded in the
above are as follows:
	Incoming		Resources	Movement
	resources 6		expended 2	in funds f
Unrestricted funds
General fund	752,149	(698,256)		53,893
Restricted funds
Arts Coundl cfWales	8,031		(40,787)	(32,756)
Vale ofGlsmcrgan Council			(11,905)	(11,905)
Barry Town Council			(2,450)	(2,450)
Berry Town Council	22,800		(26,680)	(3.880)
Vale Stronger Communities			(4,136)	(4,136)
Arts Council ofWales - Stepping
Stones tc Brighter Days			(21,983)	17,586
	70,400	(107,941)		(37,541)
TOTALFUNDS	822,549	(806,197)		16,352
Bastricted~fund gbdis