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||||Operasonie
Cyf||
|---|---|---|---|---|
||||Contents||
|Trustees'|Report|||1 to 8|
|Independent
Examiner's||Report|||
|Statement|ofFinancial|Activities||10|
|Balance|Sheet||||
|Notes to|the Financial|Statements||12to 19|
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|The trustees|and officers serving|during|thc year and since thc year cnd|thc year and since thc year cnd|were as follows:|
|---|---|---|---|---|---|
|Triistccs:|||R C Hutchings|||
||||C Daccy|||
||||SMahabir|||
||||ENcrwick|||
||||C Turner (appointed|22 January|2022)|
||||JN Voyle (appointed|27 April 2022)||
||||C R Williams|||
|Chief Executive Officer:|||R C Hutchings|||
|Secretary:|||R C Hutchings|||
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||||and Lo|sses)|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2022|
||||Note|f|f.||
|Income and Endowments||from:|||||
|Donations
and legacies|||3|39,177|65,917|105,094|
|Total income||||39,177|65,917|105,094|
|Expenditure
on:|||||||
|Charitable
activities||||(25,194)|(78,624)|(103,818)|
|Total expenditure||||(25,194)|(78,624)|(103,818)|
|Net income/(expenditure)||||13,983|(12,707)|1,276|
|Transfers between|funds|||10,800|(10,800)||
|Net movement
in funds||||24,783|(23,507)|1,276|
|Reconciliation
offunds|||||||
|Total funds brought|forward|||5,289|44,942|50,231|
|Total funds carried|forward||15|30,072|21,435|51,507|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2021|
||||Note|f|||
|Income and Endowments||from:|||||
|Donations
and legacies||||11,742|59,211|70,953|
|Total income||||11,742|59,211|70,953|
|Expenditure
on:|||||||
|Charitable
activities||||(10,412)|(15,805)|(26,217)|
|Total expenditure||||(10,412)|(15,805)|(26,217)|
|Net income||||1,330|43,406|44,736|
|Transfers between|funds|||1,104|(1,104)||
|Net movement
in funds||||2,434|42,302|44,736|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||2,855|2,640|5,495|
|Total funds carried|forward||15|5,289|44,942|50,231|
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|||||2022|2021|
|---|---|---|---|---|---|
||||Note|||
|Fixed assets||||||
|Tangible assets||||364|486|
|Current assets||||||
|Debtors|||12|9,738|4,148|
|Cash at bank|and in hand||13|42,695|46,697|
|||||52,433|50,845|
|Creditors: Amounts||falling due within one year|14|(1,290)|(1,100)|
|Net current|assets|||51,143|49,745|
|Net assets||||51,507|50,231|
|Funds ofthe|charity:|||||
|Restricted
income funds||||||
|Restricted
funds||||21,435|44,942|
|Unrestricted|income|funds||||
|Unrestricted|funds|||30,072|5,289|
|Total funds|||15|51,507|50,231|
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|||||Unrestricted||||
|---|---|---|---|---|---|---|---|
|||||funds|Restricted|Total|Total|
|||||General|funds|2022|2021|
|||||f||||
|Donations|and legacies;|||||||
|Donations||from|individuals|5,051||5,051||
|Grants, including|||capital grants;|||||
|Grants|from other charities|||34,126|65,917|100,043|70,953|
|||||39,177|65,917|105,094|70,953|
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|||||Unrestricted||||
|---|---|---|---|---|---|---|---|
|||||funds|Restricted|Total|Total|
|||||General|funds|2022|2021|
||||Note|||||
|Direct project costs|||||78,502|78,502|22,596|
|Staffcosts||||13,680||13,680||
|Allocated|support|||||||
|costs||||5,268||5,268|2,197|
|Governance||costs||6,246||6,246|1,366|
|||||25,194|78,502|103,696|26,159|
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|Support costs allocated to raising|Support costs allocated to raising|Support costs allocated to raising|Support costs allocated to raising|Support costs allocated to raising|Support costs allocated to raising|Support costs allocated to raising|funds|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Administration|Total|Total||
|||||||||||costs|2022|2021||
||||||||Basis|ofallocation||f||f||
|Costs ofgenerating|||donations|||and||||||||
|legacies|||||||A|||5,268|5,268|2,|197|
|Basis ofallocation||||||||||||||
|Reference||||Method||ofallocation||||||||
|A||||100%of||expenditure||incurred|in relation to support activities|||||
|Governance||costs||||||||||||
|||||||||||Unrestricted||||
|||||||||||funds|Total|Total||
|||||||||||General
g|2022|2021f||
|Independent|examiner|||fees||||||||||
|Examination||of|the|financial||statements||||1,446|1,446|1,366||
|Professional|fees|||||||||4,800|4,800|||
|||||||||||6,246|6,246|1,366||
|6
Net incoming/outgoing|||||resources|||||||||
|Net incoming||resources for the year|||||include:|||||||
||||||||||||2022|2021||
||||||||||||f|f||
|Operating
leases -|||other assets||||||||1,808|||
|Depreciation||offixed||assets|||||||121||58|
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|1 1 Tangible fixed asset|s||||
|---|---|---|---|---|
|||Furniture|and||
|||equipment
f||Total|
|Cost|||||
|At 6 April 2021|||1,065|1,065|
|At 5 April 2022|||1,065|1,065|
|Depreciation|||||
|At 6 April 2021|||579|579|
|Charge for the year|||122|122|
|At 5 April 2022|||701|701|
|Net book value|||||
|At 5 April 2022|||364|364|
|At 5 April 2021|||486|486|
|12 Debtors|||||
|||2022||2021|
|Trade debtors||9,305||3,669|
|Prepayments||433||479|
|||9,738||4,148|
|13 Cash and cash equivalents|||||
|||2022||2021|
|Cash at bank||42,695||46,697|
|14 Creditors: amounts|falling due within one year||||
|||2022f||2021|
|Accruals||1,290||1,100|
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|15 Funds|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Balance at 6||Incoming|||Resources|||||Balance at 5||
|||||April 2021
f|resources
f|||expended
f|Transfers
f||||April 2022
f||
|Unrestricted
funds|||||||||||||||
|General||||5,289||39,177||(25,194)|||10,800|||30,072|
|Restricted
funds||||44,942||65,917||(78,624)||(10,800)||||21,435|
|Total funds||||50,231||105,094||(103,818)||||||51,507|
||||Balance at 6||Incoming|||Resources|||||Balance at 5||
|||||April 2020|resources
f|||expended
f||Transfers
f|||April 2021
f||
|Unrestricted
funds|||||||||||||||
|General||||2,855||11,742||(10,412)|||1,104|||5,289|
|Restricted
funds||||2,640||59,211||(16,909)||||||44,942|
|Total funds||||5,495||70,953||(27,321)|||1,104|||50,231|
|Thc specific purposes||for which thc funds arc to|||be applied are||as follows:||||||||
|Singing projects|- there are still some costs associated|||||with Winter||Sonic Singalongs||and Canu||Casnewydd
that|||
|were yet to bc paid at||year|cnd. Funding
for this||project came from|||Newport
Council||and|Riverfront||Theatre.||
|Opera Creators (Associates - this||||project was funded||by Arts Council Wales, Moondance
Foundation,||||||||Newport|
|Council
as part of Winter|||of Wellbcing.
There||will|be further|work
with
the||Operasonic
Associates|||||in 2022,|
|offering training,|and|songwriting||sessions.|||||||||||
|Lullaby
projects|were|commissioned
by Arts Active||||to take place||across Cardiff.||The|project|is|due|to cnd in|
|April 2022 and the surplus|||will support
the final||costs|ofthis project.|||||||||
|16 Analysis ofnet assets|||between|funds|||||||||||
|||||||Unrestricted||||||Total funds at|||
||||||||funds||Restricted||||5|April|
|||||||General
f|||fundsf|||||2022f|
|Tangible
fixed assets|||||||||||364|||364|
|Current
assets||||||||31,362||21,071||||52,433|
|Current
liabilities||||||||(1,290)||||||(1,290)|
|Total nct assets||||||||30,072||21,435||||51,507|