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|Trustees'
report||1-4|
|Statement
oftrustees'|responsibilities||
|Independent
examiner's
report|||
|Statement
offinancial|activities||
|Balance sheet|||
|Notes to the financial|statements|10-20|
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||||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|---|---|
||||funds|funds||funds|
||||2022|2022|2022|2021|
|||Notes|f|6|6|6|
|Ittgttmafmm;|||||||
|Donations
and legacies||3|430,597||430,597|395,000|
|Charitable
activities||4|485,957|76,000|561,957||
|Total income|||916,554|76,000|992,554|395,000|
|KmaadituraJtm|||||||
|Charitable
activities||5|470,577|76,000|546,577||
|Net Income for|the period/||||||
|Net movement|in funds||445,977||445,977|395,000|
|Fund balances at 1 January 2022|||395,000||395,000||
|Fund balances|at 31 December 2022||840,977||840,977|395,000|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|6||E||
|Fixed assets||||||||
|Goodwill|||10||10,557|||
|Other intangible|assets||10||1,800|||
|Total intangible|assets||||12,357|||
|Tangible assets|||||544,480|||
||||||556,837|||
|Current assets||||||||
|Stocks|||12|21,431||||
|Debtors|||13|86,923||||
|Cash at bank and in||hand||343,993||395,000||
|||||452,347||395,000||
|Creditors: amounts||falling due within||||||
|one year|||14|(138,700)||||
|Net current assets|||||313,647||395,000|
|Total assets less current liabilities|||||870,484||395,000|
|Creditors: amounts||falling due after||||||
|more than one|year||||(29,507)|||
|Net assets|||||840,977||395,000|
|Income funds||||||||
|t)gfaatfigtaftfgftda||||||||
|Designated
funds|||18|556,837||||
|General
unrestricted||funds||284,140||395,000||
||||||840,977||395,000|
||||||840,977||395,000|
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|||||||2022|||2021||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Notes|5||6|||
|Cash flows from operating|||activities||||||||
|Cash generated
from operations|||||21||439,065|||395,000|
|Investing
activities|||||||||||
|Transfer of goodwill||||||(11,085)|||||
|Transfer ofintangible|assets|||||(2,213)|||||
|Transfer
oftangible|fixed|assets||||(553,708)|||||
|Net cash used
in investing|||activities||||(567,006)||||
|Financing
activities|||||||||||
|Repayment
of bank|loans|||||76,934|||||
|Net cash generated|fromi(used|||in)|||||||
|financing
activities|||||||76,934||||
|Net (decrease)/increase||in|cash and cash||||||||
|equivalents|||||||(51,007)|||395,000|
|Cash and cash equivalents|||at beginning||ofperiod||395,000||||
|Cash and cash equivalents|||at end of||period||343,993|||395,000|
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|||||2021|
|---|---|---|---|---|
||||2022||
||||6||
|Entrance|fee|income|199,996||
|Grants|||76,000||
|Bar income|||267,979||
|Hire fees|||10,509||
|Other income|||7,473||
||||561,957||
|Analysis|by|fund|||
|Unrestricted||funds|485,957||
|Restricted|funds||76,000||
||||561,957||
|Performance||related grants|||
|Welsh Government|||75,000||
|PRS|||1,000||
||||76,000||
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||||||2021|
|---|---|---|---|---|---|
|||||2022||
|||||6||
|Staff costs||||121,827||
|Depreciation
and impairment||||10,169||
|Stock Purchases||||||
|||||109,405||
|Marketing||||||
|||||28,612||
|Performers||||112,677||
|Event Costs||||66,775||
|Security Costs||||25,820||
|Insurance||||2,951||
|Premise costs||||4,208||
|Repairs &Maintenance||||7,483||
|Cleaning||||14,083||
|Hire ofEquipment||||671||
|Telecommunications||||1,546||
|Office &Travelling|Expenses|||7,548||
|Computer
software,||Consumables|&Maintenance|1,951||
|Entertainment
licenses||||11,182||
|Bank Charges||||5,295||
|||||532,203||
|Share ofsupport costs (see note|||6)|1,271||
|Share ofgovernance||costs (see|note 6)|13,103||
|||||546,577||
|Analysis
by fund||||||
|Unrestricted
funds||||470,577||
|Restricted funds||||76,000||
|||||546,577||
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|||||Support|Governance|2022|
|---|---|---|---|---|---|---|
|||||costs|costs||
|||||6|6||
|Accountacy|and payroll costs|||1,271||1,271|
|Independent|Examination||fees||2,750|2,750|
|Legal &Professional||Fees|||9,832|9,832|
|Trustee Expenses|||||521|521|
|||||1,271|13,103|14,374|
|Analysed
between|||||||
|Charitable|activities|||1,271|13,103|14,374|
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|The average|monthly
number
ofemployees
during th|e period was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|||30||
|Employment|costs|2022|2021|
|||6||
|Wages and salaries||111,257||
|Social security costs||8,363||
|Other pension costs||2,207||
|||121,827||
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|Intangible
fixed assets||||
|---|---|---|---|
||Goodwlg||Total|
||8||5|
|Cost||||
|At 1 January 2022||||
|NBVTransfer from CIC|11,085|2,213|13,298|
|At 31 December 2022|11,085|2,213|13,298|
|Amortisatlon
and impairment||||
|At 1 January 2022||||
|Amortisation
charged for the period|528|413|941|
|At 31 December 2022|528|413|941|
|Carrying
amount||||
|At 31 December 2022|10,557|1,800|12,357|
|At 31 December 2021||||
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|Tangible fixe|d assets|||||||
|---|---|---|---|---|---|---|---|
||||Freehold
land|Plant and|Fixtures and|Computers|Total|
||||and buildings|equipment|fittings|||
||||8|8|8|8||
|Cost||||||||
|NBVTransfer|from CIC||444,916|53,539|46,437|8,816|553,708|
|At 31 December 2022|||444,916|53,539|46,437|8,816|553,708|
|Depreciation|and impairment|||||||
|Depreciation|charged|in the period|2,429||2,902|551|9,228|
|At 31 December 2022|||2,429|3,346|2,902|551|9,228|
|Carrying
amount||||||||
|At 31 December 2022|||442,487|50,193|43,535|8,265|544,480|
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|13|Debtors||||||
|---|---|---|---|---|---|---|
||Amounts
falling due||within one year:||2022f|2021|
||Trade debtors||||62,272||
||Other debtors||||4,961||
||Prepayments|and accrued income|||19,690||
||||||86,923||
|14|Creditors: amounts||falling due within one year||||
||||||2022|2021|
|||||Notes|6||
||Bank loans|||16|47,427||
||Other taxation|and social security|||20,447||
||Trade creditors||||66,265||
||Other creditors||||1,261||
||Accruals and deferred||income||3,300||
||||||138,700||
|15|Creditors: amounts||falling due after more than one year||||
||||||2022|2021|
|||||Notes|F|5|
||Bank loans|||16|29,507||
|16|Loans and overdrafts||||||
||||||2022|2021|
||||||6||
||Bankloans||||76,934||
||Payable
within|one year|||47,427||
||Payable aRer|one year|||29,507||
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|||Movement||Movement|in funds||
|---|---|---|---|---|---|---|
|||in funds|||||
|||Incoming|Balance at|Incoming|Resources|Balance at|
|||resources1|January 2022|resources|expended|31 December|
|||||||2022|
|||||||6|
|Welsh|Government|||75,000|(75,000)||
|PRS||||1,000|(1,000)||
|||||76,000|(76,000)||
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|||Movement||||
|---|---|---|---|---|---|
|||ln funds||||
|||Incoming|Balance at|Transfers|Balance at|
|||resources1|January 2022||31 December|
||||||2022|
|||||6|6|
|Intangible|Fixed Assets|||12,357|12,357|
|Tangible|Fixed Assets|||544,480|544,480|
|||||556,837|556,837|
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|19|Analysis||ofnet assets between funds|ofnet assets between funds||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Designated|Restricted|Total Unrestricted||
||||||funds|funds|funds||funds|
||||||2022|2022|2022|2022|2021|
||||||6|6|6|6|6|
||Fund balances at 31 December|||||||||
||2022 are||represented|by:||||||
||Intangible||fixed assets|||12,357||12,357||
||Tangible||assets|||544,480||544,480||
||Current|assets/(liabilities)|||313,647|||313,647|395,000|
||Long term liabilities||||(29,507)|||(29,507)||
||||||284,140|556,837||840,977|395,000|
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|21|Cash generated|from|operations|operations||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||6|6|
||Surplus for the period|||||445,977|395,000|
||Adjustments
for:|||||||
||Depreciation
and|impairment||oftangible fixed assets||10,169||
||Movements
in working||capital:|||||
||(Increase) in stocks|||||(21,431)||
||(Increase) in debtors|||||(86,923)||
||Increase
in creditors|||||91,273||
||Cash generated|from|operations|||439,065|395,000|
|22|Analysis ofchanges||in net|funds||||
||||||At 1 January|Cash flows|At 31 December|
||||||2022||2022|
|||||||6||
||Cash at bank and|in hand|||395,000|(51,007)|343,993|
||Loans falling due|within|one|year||(47,427)|(47,427)|
||Loans falling due|after|more|than one year||(29,507)|(29,507)|
||||||395,000|(127,941)|267,059|