2023-03-31-accounts

			Page
Chair's Report
Trustees' report			2-7
Independent examiner's		report
Statement offinancial	activities
Balance sheet			to
Notes to the financial	statements		11-17

				Unrestricted	Restricted	Total	Restricted
				funds	funds		funds
				2023	2023	2023	2022
			Notes	6	F.	8
Income from:
Donations and	legacies				253,311	253,311	426,604
Total income					253,311	253,311	426,604
Expenditure on:
Charitable activities					212,872	212,872	414,264
Total expenditure					212,872	212,872	414,264
Net income					40,439	40,439	12,340
Transfers between		funds		7,653	(7,653)
Net movement	in funds			7,653	32,786	40,439	12,340
Reconciliation	offunds:
Fund balances	at 1 April 2022				12,340	12,340
Fund balances	at	31March 2023		7,653	45,126	52,779	12,340

			2023		2022
		Notes	5	5	5	5
Fixed assets
Tangible assets		10		2,440		1,678
Current assets
Debtors			7,922		56,870
Cash at bank and in	hand		52,013		20,802
			59,935		77,672
Creditors: amounts	falling due within	12
one year			9,596		67,010
Net current assets				50,339		10,662
Total assets less current liabilities				52,779		12,340
The funds ofthe Charity
Restricted income funds		13		45,126		12,340
Unrestricted funds				7,653
				52,779		12,340

Income from		donatio	ns and legacies
				Restricted	Restricted
				funds	funds
				2023	2022
				8	8
Donations and gifts				253,311	396,420
Other general		grants			25,793
Donated goods and services					4,391
				253,311	426,604
Charitable activities
				Restricted	Restricted
				funds	funds
				2023	2022
				5	8
Staff costs				77,371	38,693
Depreciation		and impairment		1,768	2,713
Freelance/staff		support costs		10,658	42,365
Production costs				82,366	131,878
Travel/motor		costs		4,875	2,063
iTexpenses				1,709	631
Advertising/Marketing				17,257	24,001
Insurance				829	1,209
Bank charges				539	78
Printing, postage and			stationery	3,712	24,573
Storage fees					2,980
Accountancy				6,120
Telephone costs				310
Recruitment	costs			1,044
Repairs and	renewals			255
Sundries				629
				209,442	271,184
Grant funding		of activities (see note 5)			140,680
Share ofgovernance			costs (see note 6)	3,430	2,400
				212,872	414,264

							2023	2022
							8	8
	Grants to institutions:
	Cresweg Hertitage Trust							140,680
8	Governance	costs
			Support	Governance	2023	Support	Governance	2022
			costs	costs		costs	costs
			8	8				8
	Independent	examination
	fees			3,430	3,430		2,400	2,400
				3,430	3,430		2,400	2,400

The average monthly number ofemployees during th	e year was:
	2023	2022
	Number	Number
Employment costs	2023	2022
	8	8
Wages and salaries	72,450	34,477
Social security costs	3,355	3,541
Other pension costs	1,566	675
	77,371	38,693

10	Tangible fixed assets
			Fixtures and	Computers	Total
			ettings
			6
	Cost
	At 1 April 2022		3,475	916	4,391
	Additions			2,530	2,530
	At 31 March 2023		3,475	3,446	6,921
	Depmciation and impairment
	At 1 April 2022		1,797	916	2,713
	Depreciation charged	in the year	1,678	90	1,768
	At 31 March 2023		3,475	1,006	4,481
	Carrying amount
	At 31 March 2023			2,440	2,440
	At 31 March 2022		1,678		1,678
11	Debtors
	Amounts falling due	within one year:		2023f	2022f
	Other debtors			2,262	56,870
	Prepayments and accrued income			5,660
				7,922	56,870
12	Creditors: amounts	falling due within one year
				2023	2022
				8	6
	Other taxation and social security			2,809	1,902
	Trade creditors			3,567
	Other creditors				1,575
	Accruals and deferred	income		3,220	63,533
				9,596	67,010

				At 1 April	Transfers	At 31March
				2022		2023
				5	f	2
General funds					7,653	7,653
The transfer represents	the full cost recovery contribution	from The	Arts Council.
Analysis ofnet assets	between funds
	Unrestricted			Restricted	Total	Restricted
		funds		funds		funds
		2023		2023	2023	2022
			6	5	2	5
Fund balances at 31 March 2023are represented
by:
Tangible assets				2,440	2,440	1,678
Current assets/(liabilities)		7,653		50,339	50,339	10,663
		7,653		52,779	52,779	12,341