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





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|||||Unrestricted|Restricted|Total|Restricted|
|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|
|||||2023|2023|2023|2022|
||||Notes|6|F.|8||
|Income from:||||||||
|Donations<br>and|legacies||||253,311|253,311|426,604|
|Total income|||||253,311|253,311|426,604|
|Expenditure<br>on:||||||||
|Charitable<br>activities|||||212,872|212,872|414,264|
|Total expenditure|||||212,872|212,872|414,264|
|Net income|||||40,439|40,439|12,340|
|Transfers<br>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|





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||||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<br>funds||||7,653|||
|||||52,779||12,340|





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|Income from||donatio|ns<br>and legacies|||
|---|---|---|---|---|---|
|||||Restricted|Restricted|
|||||funds|funds|
|||||2023|2022|
|||||8|8|
|Donations<br>and gifts||||253,311|396,420|
|Other general||grants|||25,793|
|Donated goods and services|||||4,391|
|||||253,311|426,604|
|Charitable<br>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<br>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,<br>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|



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||||||||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|



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|The average<br>monthly<br>number ofemployees<br>during th|e year was:||
|---|---|---|
||2023|2022|
||Number|Number|
|Employment<br>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|





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|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<br>and impairment|||||
||At 1 April 2022||1,797|916|2,713|
||Depreciation<br>charged|in the year|1,678|90|1,768|
||At 31 March 2023||3,475|1,006|4,481|
||Carrying<br>amount|||||
||At 31 March 2023|||2,440|2,440|
||At 31 March 2022||1,678||1,678|
|11|Debtors|||||
||Amounts<br>falling due|within one year:||2023f|2022f|
||Other debtors|||2,262|56,870|
||Prepayments<br>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|





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|||||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|



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