| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to | 8 |
| Independent Examiner's Report |
||
| Statement ofFinancial Activities | 10 | |
| Balance Sheet | ||
| Notes to the Financial Statements | 12 to | 16 |
| Detailed Statement ofFinancial Activities | 17 to | 18 |
| Statement ofFinancial Activities for the Year Ended 1December 2021 |
|||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
59&597 | 76,110 | |
| Charitable activities |
|||
| Charitable activities |
19&151 | 14&073 | |
| Other trading activities | 40&527 | 21,156 | |
| Investment income |
5 | 62 | |
| Total | 119,280 | 111,401 | |
| EXPENDITURE ON | |||
| Raising funds | 4,6o5 | 3,561 | |
| Charitable activities | |||
| Charitable activities |
108,295 | 65&253 | |
| Total | 112,900 | 68,814 | |
| NET INCOME | 6,38o | 42,587 | |
| RECONCILIATION OFFUNDS | |||
| Total funds brought forward | 112&217 | 69,630 | |
| TOTAL~SCARRIED FORWARD | 118,597 | 112&217 |
| Balance Sheet | |||
|---|---|---|---|
| 1December 2021 | |||
| 31.12.21 | 31.12.20 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | F | ||
| FIXEDASSETS | |||
| Tangible assets | 5&343 | 2,069 | |
| CURRENT ASSETS | |||
| Stocks | 500 | 500 | |
| Debtors | 1&107 | ||
| Cash atbank | 113&388 | 113&617 | |
| 114995 | 114,117 | ||
| CREDITORS | |||
| Amounts falling due within one year |
10 | (1,741) | (3,969) |
| NET CURRENT ASSETS | 113&254 | 110,148 | |
| TOTALASSETSLESSCURRENT | |||
| LIABILITIES | 118,597 | 112&217 | |
| NETASSETS | 118,597 | 112&217 | |
| FUNDS | |||
| Unrestricted funds |
118,597 | 112,217 | |
| TOTAL FUNDS | 118,597 | 112,217 |
| OTHER TRADING AC | TIVITIES | |||
|---|---|---|---|---|
| 31.12.21 f |
31.12.20 f |
|||
| Commission on art sales |
22,873 | 6,637 | ||
| Books, catalogues, cards, | posters, prints and craft | 13&406 | 6,ooo | |
| Exhibition fees | 4&248 | |||
| Fundraising income |
8&519 | |||
| 40&527 | 21&156 | |||
| 3. | INVESTMENT INCOME | |||
| 31.12.21 | 31.12.20 f |
|||
| Deposit account interest | 62 | |||
| 4. | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | |||
| 31.12.21 f |
31.12.20 f |
|||
| Depreciation -owned assets |
942 | 365 | ||
| Other operating leases | 100 | 100 |
| The average | mon | thly number ofemployees during th |
e year was as follows: | |
|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||
| Governance | and | education | 7 | 6 |
| for t 7. |
he Year Ended 1December 2021 TANGIBLE FIXEDASSETS |
||||
|---|---|---|---|---|---|
| Improvements | Fixtures | ||||
| to | and | Computer | |||
| property | fittings | equipment f |
Totals f |
||
| COST | |||||
| At 1January 2021 | 490,566 | 20,785 | 18,354 | 529&705 | |
| Additions | 4,216 | 4,216 | |||
| At 31December 2021 | 490,566 | 2o,785 | 22,570 | 533 921 | |
| DEPRECIATION | |||||
| At 1January 2021 | 490,566 | 18,716 | 18,354 | 527,636 | |
| Charge for year | 310 | 632 | 942 | ||
| At 31December 2021 | 490,566 | 19&026 | 18,986 | 528,578 | |
| NET BOOKVALUE | |||||
| At 31December 2021 | »759 | 3,584 | 5&343 | ||
| At 31December 2020 | 2&069 | 2&069 | |||
| 8. | STOCKS | ||||
| 31.12.21 | 31.12.20 f |
||||
| Stocks | 500 | 500 | |||
| DEBTORS:AMOUNTS FALLING DUEWITHIN ONE YEAR | |||||
| 31.12.21 f |
31.12.20 f |
||||
| Tax and social security | »107 | ||||
| 10. | CREDITORS:AMOUNTS FALLING | DUEWITHIN ONE YEAR | |||
| 31.12.21 f |
31.12.20 f |
||||
| Trade creditors | |||||
| Social security and other taxes | i,o89 | ||||
| Accrued expenses | »740 | 2,88o | |||
| »741 | 3,969 | ||||
| 11. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.1.21 f |
in funds f |
31.12.21 f |
|||
| Unrestricted funds |
|||||
| General fund | 112,217 | 6,38o | 118,597 | ||
| TOTAL FUNDS | 112,217 | 6,38o | 118,597 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources f |
expended f |
in funds f |
|||
| Unrestricted | funds | ||||
| General fund | 119,280 | (112&900) | 6,38o | ||
| TOTAL FUNDS | 119&280 | (112,900) | 6,38o | ||
| Comparatives | for movement | in funds | |||
| Net | |||||
| movement | At | ||||
| At 1.1.20 | in funds f |
31.12.20 f |
|||
| Unrestricted | funds | ||||
| General fund | 69,63o | 42,587 | 112&217 | ||
| TOTAL FUNDS | 69,63o | 42,587 | 112,217 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds f |
||
| Unrestricted | funds | |||
| General fund | 111,401 | (68,814) | 42,587 | |
| TOTAL FUNDS | 111,401 | (68,814) | 42,587 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.20 f |
in funds f |
31.12.21 f |
||
| Unrestricted | funds | |||
| General fund | 69,63o | 48,967 | 118,597 | |
| TOTAL FUNDS | 69,630 | 48,967 | 118,597 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources E |
expended E |
in funds f |
||
| Unrestricted | funds | |||
| General fund | 230,681 | (181,714) | 48,967 | |
| TOTAL FUNDS | 230&681 | (181)714) | 48,967 |
| for the Year Ended 1December 20 |
21 | ||
|---|---|---|---|
| 31.12.21 f |
31.12.20 f |
||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations and gifts | 7,822 | 5,150 | |
| Grants receivable for core activities; | Arts | ||
| Council ofWales | 2o,783 | 2o,484 | |
| Grants receivable; CCBC,Town Council | 19,500 | 30431 | |
| Grant receivable; Gwynt yMor Coronavirus Job Retention Scheme |
7&942 | 5,000 15&045 |
|
| Grant receivable; Bug Bunting |
2,050 | ||
| CTCEducation | 1,500 | ||
| 59&597 | 76,110 | ||
| Other trading activities | |||
| Commission on art sales |
22,873 | 6,637 | |
| Books, catalogues, cards, posters, prints and | |||
| craft | 13&406 | 6,ooo | |
| Exhibition fees | 4,248 | ||
| Fundraising income |
8,519 | ||
| 40&527 | 21&156 | ||
| Investment income |
|||
| Deposit account interest | 62 | ||
| Charitable activities | |||
| Education/art classes |
7,161 | 2&493 | |
| Members' fees and Members applications |
11,990 | 11,580 | |
| 19,151 | 14&073 | ||
| Total incoming resources | 119,280 | 111&401 | |
| EXPENDITURE | |||
| Other trading activities | |||
| Opening stock | 500 | 500 | |
| Fundraising trading costs - purchases |
4,6o5 | 3,561 | |
| Closing stock | (5oo) | (5oo) | |
| 4,6o5 | 3,561 | ||
| Charitable activities | |||
| Office costs/education outgoings |
8,147 | 1,326 | |
| Prizes | 1&100 | 300 | |
| Exhibition costs and printing | 742 | 350 | |
| 9,989 | 1,976 | ||
| Support costs |
| 31.12.21 | 31.12.20 | |||
|---|---|---|---|---|
| E | ||||
| Support costs | ||||
| Management | ||||
| Staffcosts | 69,767 | 43&493 | ||
| Pensions | 6o8 | 219 | ||
| Rent | 100 | 100 | ||
| Rates and water | 536 | 403 | ||
| Insurance | 3&013 | 2&920 | ||
| Light and heat | 3&993 | 4,488 | ||
| Telephone | 1&494 | 1,189 | ||
| Stationery, printing | 8zpostage | 3,564 | 1&351 | |
| Advertising | 6,3o4 | 6oo | ||
| Sundries | 456 | 131 | ||
| Repairs and maintenance | 2,627 | 4,669 | ||
| Travel and transport | 13 | |||
| Professional fees | 1&671 | 965 | ||
| Accountancy fees | 1,740 | 1&500 | ||
| Bank charges and other | charges | 1&491 | 821 | |
| Stafftraining | 50 | |||
| Depreciation oftangible | and heritage assets | 942 | 365 | |
| 98,306 | 63277 | |||
| Total resources expended | 112,900 | 68,814 | ||
| Net income | 6,38o | 42,587 |