|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 5|
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements||gto15|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total funds|Total funds|
||||Notes|fund
f|funds
F|||
|INCOIIE AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||10,074|2,500|12,574|15,053|
|Charitable
activities||||||||
|Performances||||~18511|~62089|80600|23560|
|Total||||28,585|64,589|93,174|38,613|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Performances||||7,805|~58223|66,028|39,181|
|Total||||7,805|58,223|66,028|39,181|
|NET INCOMEI(EXPENDITURE)||BEFORE TAX||20,780|6,366|27,146|(568)|
|Orchestra
tax relief||||6,978||6,978||
|NET INCOME/(EXPENDITURE)||AFTER TAX||27,758|6,366|34,124|(568)|
|Transfers
between|funds||12|~1,020)|1,020|||
|Net movement
in funds||||26,738|7,386|34,124|(568)|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||8,602||8,602|9,170|
|TOTAL FUNDS CARRIED FORWARD||||35,340|7386|42,726|8602|
|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Totalfunds|Totalfunds|
||Notes|fund
f|funds
f|F||
|CURRENT ASSETS||||||
|Debtors|10|1,128||1,128|3,787|
|Cash at bank||~35212|17383|52,595|26412|
|||36,340|17,383|53,723|30,199|
|CREDITORS||||||
|Amounts
falling due within one year||(1,000)|(9,997)|(10,997)|(21,597)|
|NET CURRENT ASSETS||35,340|7,386|42,726|8,602|
|TOTAL ASSETS LESSCURRENT LIABILITIES||35,340|7,386|42,726|8,602|
|NET ASSETS||35,340|7,386|42,726|8602|
|FUNDS|12|||||
|Unrestricted
funds||||35,340|8,602|
|Restricted funds||||7,386||
|TOTAL FUNDS||||42,726|8,602|
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|||||||||2020
f|2019
f|
|---|---|---|---|---|---|---|---|---|---|
|Performance|income|||||||2,000|6,841|
|Grants||||||||78,600|16,719|
|||||||||80,600|23,560|
|Grants received,|||included|||in the above, are as follows:||||
|||||||||2020
f|2019
f|
|The Garrick|Charitable||||Trust||||4,000|
|Arts Council|of|Wales||||||43,511||
|PRS Foundation||||||||5,000|5,000|
|Hinrichsen
Foundation||||||||2,000|1,500|
|Ty Cerdd||||||||12,839|1,219|
|RVW Trust||||||||1,000|2,000|
|The Michael|Tippett Musical Foundation||||||||2,000|
|The Gibbs Charitable||||Trust|||||1,000|
|Garfield Weston||||||||5,000||
|Italian Cultural||Institute||||||1,250||
|Diaphonique||||||||8,000||
|||||||||78,600|16,719|
|CHARITABLE ACTIVITIES COSTS||||||||||
||||||||Direct costs|Support costs|Totals|
||||||||(See note 6)
F|(See note 7)
f|F|
|Performances|||||||65,028|1 000|66,028|
|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||||||
|||||||||2020|2019|
|||||||||F||
|Performance|fees|||||||40,637|24,319|
|Broadcasting|||||||||1,560|
|Marketing||||||||4,357|2,192|
|Access||||||||404|412|
|Vehide costs|||||||||1,765|
|Travel||||||||8,149|3,220|
|Telephone|||||||||46|
|Administration||||||||856|601|
|Room hire||||||||945|1,367|
|Instrument
hire||and porterage||||||2,401|311|
|Stationery
and postage||||||||72|17|
|Research||||||||10|722|
|Accommodation||||||||4,846|1,649|
|Insurance||||||||486||
|Music hire||||||||1,865||
|||||||||65,028|38,181|
|SUPPORT COSTS||||||||||
||||||||||Governance|
||||||||||costs|
||||||||||F|
|Independent|examiners'||||fees||||1,000|
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||COMPARATIVES FOR|THE ST|ATEMENT OF FINANCIAL AC|TIVITIES|||
|---|---|---|---|---|---|---|
|||||2019|2019|2019|
|||||Unrestricted|Restricted|Total|
|||||fund|funds|funds|
|||||F|F|f|
||INCOME AND ENDOWMENTS||FROM||||
||Donations
and legacies|||12,553|2,500|15,053|
||Charitable
activities||||||
||Performances|||6,841|16,719|23,560|
||Total|||19,394|19,219|38,613|
||EXPENDITURE ON||||||
||Charitable
activities||||||
||Performances|||10,792|28,389|39,181|
||Total|||10,792|28,389|39,181|
||NET INCOME/(EXPENDITURE)|||8,602|(9,170)|(568)|
||RECONCILIATION
OF|FUNDS|||||
||Total funds brought forward||||9,170|9,170|
||TOTAL FUNDS CARRIED FORWARD|||8,602||8,602|
|10.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2020|2019|
||Income tax recoverable|||||38|
||VAT||||1,128|149|
||Prepayments
and accrued income|||||3,600|
||||||1,128|3,787|
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||||F|F|
|Accruals|and deferred|income|||10,997|21,597|
|Included|within accruals and deferred||income above is the following deferred|income:|||
||||||2020|2019|
||||||F||
|Ty Cerdd||||||2,100|
|ACW
ACW- WAI|||||4,997|13,500
4,997|
|Garfield Weston|||||5,000||
||||||9,997|20,597|
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|||||Net movement|Transfers|Transfers||
|---|---|---|---|---|---|---|---|
||||At 1/9/1 9|in funds|between|funds|At 31/8/20|
||||F||||f|
|Unrestricted|funds|||||||
|General
fund|||8,602|27,758||(1,020)|35,340|
|Restricted funds||||||||
|Ensemble
and Electronics fund||||7,386|||7,386|
|CoDI Sound fund||||~1,020)||1,020||
|||||6,366||1,020|7,386|
|TOTAL FUNDS|||8,602|34,124|||42,726|
|Net movement|in funds,|included|in the above are as follows:|||||
||||Incoming|Resources|Gains and||Movement
in|
||||resources|expended||losses|funds|
|Unrestricted|funds|||||||
|General
fund|||28,585|(7,805)||6,978|27,758|
|Restricted funds||||||||
|Ensemble
and|Electronics fund||55,100|(47,714)|||7,386|
|CoDI Sound fund|||9,489|~10,509)|||~1,020)|
||||64,589|(58,223)|||6,366|
|TOTAL FUNDS|||93,174|~66,028)||6,978|34,124|
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|Comparatives|Comparatives|for movement|for movement|in funds|in funds||||
|---|---|---|---|---|---|---|---|---|
||||||||Net movement||
|||||||At 1/9/18|in funds|At 31/8/19|
|Unrestricted||Funds|||||||
|General|fund||||||8,602|8,602|
|Restricted Funds|||||||||
|10x 10|fund|||||9,170|(9,170)||
|TOTAL|FUNDS|||||9,170|~568)|8,602|
|Comparative||net movement|in|funds,|included|in the above are as follows:|||
|||||||Incoming|Resources|Movement
in|
|||||||resources|expended|funds|
|||||||F||F|
|Unrestricted||funds|||||||
|General|fund|||||19,394|(10,792)|8,602|
|Restricted funds|||||||||
|10x 10|fund|||||19,219|(28,389)|(9,170)|
|TOTAL|FUNDS|||||38,613|~39,181)|~568)|
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