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2022-12-31-accounts
Independentexaminer |
MarilynBryan |
|
2MonsClose |
|
Allt-yr-yn |
|
Newport |
|
NP205ET |
Bankers |
CAFBankLtd |
|
25KingsHillAvenue |
|
KingsHill, |
|
WestMalling |
|
Kent,ME194JQ |
Solicitors |
HardingEvans, |
|
QueensChambers, |
|
2NorthStreet, |
|
Newport,NP201TE |
CONTENTS |
Page |
Trustees’report |
|
StatementofTrustees’responsibilities |
|
Independentexaminer'sreport |
|
Statementoffinancialactivities |
10 |
Balancesheet |
11 |
Notestotheaccounts |
12-18 |
|
|
|
2022 |
2021 |
|
Notes |
£ |
|
£ |
Incomefrom: |
|
|
|
|
Donations,Grants& legacies |
3 |
|
388,157 |
168,633 |
OtherIncome |
4 |
|
74,460 |
20,100 |
Totalincome |
|
|
462,617 |
188,733 |
Expenditureon: |
|
|
|
|
Charitableactivities |
5 |
|
461,405 |
183,665 |
Net(expenditure)/incomefortheyear/ |
|
|
1,212 |
5,068 |
Netmovementinfunds |
|
|
|
|
Fundbalancesat1 Jan2022 |
|
|
5,684 |
616 |
Fundbalancesat31December2022 |
|
|
6,896
|
5,684
|
|
Note |
|
2022 |
|
2021 |
Currentassets |
|
|
|
|
|
TangibleAssets |
lo |
|
7,672 |
|
|
CashatBank& inHand |
|
9,119 |
|
5,684 |
|
|
|
|
|
|
5,684 |
Creditors:Amountsfallingdue |
|
|
|
|
|
withinoneyear |
‘A1 |
(4,211) |
|
|
|
|
|
|
4,908 |
|
5,684 |
NetCurrentAssets/(liabilities) |
|
|
12,580 |
|
5,684 |
Totalassetsless |
|
|
|
|
|
currentliabilities |
|
|
12,580 |
|
5,684 |
IncomeFunds |
|
|
|
|
|
UnrestrictedFunds |
|
|
12,580 |
|
5,684 |
|
|
|
12,580 |
|
5,684 |
|
Theestimatesand |
underlyingassumptionsare |
reviewed
on
an |
ongoing |
basis.Revisions
to |
|
accountingestimatesarerecognisedintheperiodinwhichtheestimateisrevisedwheretherevision |
|
|
|
|
|
affectsonlythatperiod,orintheperiodoftherevisionandfutureperiodswhere |
|
|
|
therevisionaffects |
|
bothcurrentandfutureperiods. |
|
|
|
|
3 |
Grants,Donations& Legacies |
|
|
|
|
|
|
|
2022 |
|
2021 |
|
|
|
£ |
|
£ |
|
Grants,Donations& Legacies |
|
388,157 |
|
168,633 |
|
GrantsandDonations |
|
|
|
|
|
ArtsCouncilWales |
|
223,613 |
|
78,306 |
|
AwardsforAll |
|
10,000 |
|
|
|
Donations |
|
7,008 |
|
2,600 |
|
G-Expression |
|
68,013 |
|
|
|
NCC |
|
60,779 |
|
23,574 |
|
PCC |
|
1,750 |
|
25,000 |
|
PeoplesPostcodeTrustGrant |
|
|
|
39,153 |
|
ProspectUnion |
|
16,994 |
|
|
|
|
|
388,157 |
|
168,633 |
|= |
OtherIncome |
|
2022 |
|
2021 |
|
Consulting |
|
|
|
300 |
|
FestivalIncome |
|
69,879 |
|
|
|
InterestReceived |
|
11 |
|
|
|
RentalIncome |
|
|
|
4,800 |
|
WorkshopDelivery(G |
Expressions) |
4,570 |
|
15,000 |
|
|
|
74,460 |
|
20,100 |
Im |
CharitableActivities |
|
2022 |
|
2021 |
|
|
|
|
£ |
£ |
|
ShareofSupportcost |
(seenote6) |
459,355 |
|
183,665 |
|
ShareofGovernancecosts(seenote6) |
|
2,050 |
|
|
|
|
|
461,405 |
|
183,665 |
SupportCost |
|
|
|
|
|
|
SupportCost |
Governance |
2022 |
2021 |
BasisofAllocation |
|
£ |
£ |
£ |
£ |
|
AdvertisingandPromotions |
4,707 |
|
4,707 |
=10,371 |
ActualCost |
BankingCharges |
81 |
|
81 |
96 |
ActualCost |
ComputerSoftware |
513 |
|
513 |
1,231 |
ActualCost |
Consulting |
14,984 |
|
14,984 |
31,179 |
ActualCost |
ContentProduction |
14,000 |
|
14,000 |
|
TraininglVideo |
ContractingCosts |
11,870 |
|
11,870 |
80,740 |
TimeSpent |
|
|
|
|
|
Depreciationof |
Depreciation |
852 |
|
852 |
|
RelevantAsset |
|
|
|
|
|
Equipmentusedto |
EquipmentExpensed |
438 |
|
438 |
1,746 |
provideservices |
FestivalCost |
232,681 |
|
232,681 |
|
EventCost |
Insurances |
540 |
|
540 |
1,274 |
ActualCost |
LegalandProfessionalFees |
|
2,050 |
2,050 |
2,000 |
Governance |
Lightandheat |
|
|
- |
64 |
ActualCost |
OtherSupportingCost |
2,822 |
|
2,822 |
6,222 |
VolunteerCost |
PAYE/ENIC |
17,559 |
|
17,559 |
|
TimeSpentBasis |
Pensions |
4,016 |
|
4,016 |
4,854 |
TimeSpentBasis |
Rent |
9,310 |
|
9,310 |
|
ActualCost |
Stafftrainingandwelfare |
1,015 |
|
1,015 |
23,376 |
ActualCost |
Stationeryandprinting |
259 |
|
259 |
109 |
ActualCost |
Subscriptions |
|
|
- |
604 |
ActualCost |
Sundry |
20 |
|
20 |
|
ActualCost |
Telephoneandemail |
655 |
|
655 |
- |
ActualCost |
Travelling& Subsistence |
24,560 |
|
24,560 |
6,731 |
ActualCost |
VenueHire/MeeetingRoom |
6,738 |
|
6,738 |
13,068 |
ActualCost |
Wages& Salary |
111,737 |
|
111,737 |
|
TimeSpentBasis |
|
459,355 |
2,050 |
461,405 |
183,665 |
|
Analysedbetween |
|
|
|
|
|
Charitableactivities |
459,355
|
2,050
|
461,405
|
|
|
were: |
|
|
2022 |
|
Number |
|
9 |
Employmentcosts |
2022 |
|
£ |
Wagesandsalaries |
111,737 |
Socialsecuritycosts |
17,559 |
Otherpensioncosts |
4,016 |
|
133,312 |
|
Computers |
|
|
Cost |
|
|
|
At1 Jan2022 |
|
8,524 |
8,524 |
At31Dec2022 |
|
8,524 |
8,524 |
Depreciationandimpairment |
|
|
|
At1 Jan2022 |
|
|
|
Depreciationchargedintheyear |
|
852 |
852 |
NBVAt31Dec2022 |
|
7,672 |
7,672 |
11 |
Analysisofnetassetsbetweenfunds |
2022 |
2021 |
|
|
£ |
£ |
|
TangibleAssets |
7,672 |
|
|
NetCurrentAssets/(liabilities) |
4,908 |
5682 |
|
|
12,580 |
5,684 |