## ## |||Page| |---|---|---| |Trustees'
report||1-to| |Statement oftrustees'|responsibilities|| |Independent
examiner's
report||12| |Statement
offinancial|activities|13| |Balance sheet||14-15| |Statement
ofcash flows||16| |Notes to the financial|statements|17-36| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| ||Notes|2021
6|2021
8|2021
8|2020f|2020f|2020
8| |Donations and legacies||968||968|2,033||2,033| |Charitable
activities||327,257|219,060|546,317|376,681|122,927|499,608| |Other trading
activities||7,498||7,498|7,205||7,205| |Investments||159||159|345||345| |Other income||39,228||39,228|19,769||19,769| |Total income||375,110|219,060|594,170|406,033|122,927|528,960| |Emgndittt~g;|||||||| |Charitable
activities||373,596|159,343|532,939|375,949|137,247|513,196| |Net income for|the year/||||||| |Net movement|in funds|1,514|59,717|61,231|30,084|(14,320)|15,764| |Fund balances at 1|||||||| |April 2020||421,816|16,844|438,660|391,732|31,164|422,896| |Fund balances|at 31||||||| |March 2021||423,330|76,561|499,891|421,816|16,844|438,660| ## ## ## |||||2021||2020|| |---|---|---|---|---|---|---|---| ||||Notes|6||6|| |Fixed assets|||||||| |Intangible assets|||12||4,730||5,280| |Tangible assets|||13||182,303||180,000| ||||||187,033||185,280| |Current assets|||||||| |Stocks|||14|70||70|| |Debtors|||15|118,051||169,379|| |Cash at bank and|in|hand||221,364||118,352|| |||||339,485||287,801|| |Creditors: amounts||falling due within|||||| |one year|||16|(26,627)||(34,421)|| |Net current assets|||||312,858||253,380| |Total assets less|current liabilities||||499,891||438,660| |Income funds|||||||| |Restricted funds|||18||76,561||16,844| |~nr atrr'g~ltgda|||||||| |Designated
funds|||19|420,033||418,280|| |General
unrestricted||funds||3,297||3,536|| ||||||423,330||421,816| ||||||499,891||438,660| ## ## ## ## ## ## ||||||2021||2020|| |---|---|---|---|---|---|---|---|---| |||||Notes|6||6|| |Cash flows from operating|||activities|||||| |Cash generated||from/(absorbed
by)||24||||| |operations||||||115,260||(93,434)| |Investing|activities|||||||| |Purchase|oftangible fixed assets||||(12,407)||(3,959)|| |Investment|income received||||159||345|| |Net cash|used|in investing|activities|||(12,248)||(3,614)| |Net cash|used|in financing|activities|||||| |Net increase/(decrease)
in|||cash and cash|||||| |equivalents||||||103,012||(97,048)| |Cash and|cash|equivalents|at beginning|ofyear||118,352||215,400| |Cash and|cash|equivalents|atend of|year||221,364||118,352| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||||6|6| |Class fees||||||6,064|35,489| |Full time course fees||||||51,671|42,268| |Outreach
income||||||14,494|39,265| |Grants||||||469,339|294,192| |Boxoffice and studio|rentals|||||533|27,192| |Consultancy,
training|and||other|||4,216|61,202| |||||||546,317|499,608| |Analysis
by fund|||||||| |Unrestricted
funds||||||327,257|376,681| |Restricted funds||||||219,060|122,927| |||||||546,317|499,608| |Grants|||||||| |Arts Council ofWales|-|revenue||funding||196,749|194,608| |Arts Council ofWales|-|other||||17,082|29,658| |National
Lottery Awards||for All Wales||||8,684|9,948| |Age UK|||||||1,000| |Arts 8 Business Cymru||||||4,000|6,000| |Garfield Weston Foundation||||||52,000|6,500| |Wales Millennium
Centre|||Charitable||Trust||12,120| |The Architectural
Heritage|||Fund||||5,919| |Children
in Need||||||10,000|10,000| |Lloyds Bank Foundation||||||18,444|7,645| |The Austin and Hope|Pilkington|||Trust|||1,000| |D M Thomas Foundation|||for Young People||||1,000| |The Oakdale Trust|||||||1,000| |The Gwendoline
and|Margaret|||Device Charity|||3,000| |Masonic Benevolent|Fund||ofSouth Wales||||1,650| |Wesleyan
Foundation|||||||2,000| |Cardiff Council||||||51,440|1,144| |Cardiff Third Sector Council||||||3,530|| |Comic Relief||||||4,225|| |SirJules Thorn Trust||||||750|| |Community
Foundation||in Wales||||19,264|| |Groundwork
Wales||||||500|| |Clothworkers
Federation||||||2,480|| |IndependentAge||||||13,582|| |Vale Crisis Heros||||||2,100|| |Glamorgan
Voluntary|Services|||||4,834|| |University
ofSouth Wales||||||336|| |Margaret
and Gwendoline|||Device Trust|||2,500|| |Welsh Government||||||36,550|| |Edgar Lawley Foundation||||||1,500|| ## ## ## |4|Charitable
activities|Charitable
activities|Charitable
activities||(Continued)| |---|---|---|---|---|---| ||Gibbs Charitable||Trust|2,000|| ||lyloondance|Foundation||39,300|| ||Cardiff Sport|||2,106|| ||Cardiff &Vale College|||(24,617)|| |||||469,339|294,192| |5|Other trading activities||||| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2021f|2020| ||Sale ofdancewear|||16|33| ||Community
fundraising|||7,482|7,172| ||Other trading|activities||7,498|7,205| |6|Investments||||| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2021|2020| |||||5|| ||Interest receivable|||159|345| |7|Other income||||| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2021|2020| |||||8|5| ||Theatre Tax|Relief||39,228|19,769| ## ## ## |||2021|2020| |---|---|---|---| |||6|| |Staff costs||272,530|255,101| |Depreciation
and impairment||7,990|5,786| |Advertising,
marketing|and publicity|6,238|7,118| |Bank charges||606|481| |General expenses||7,419|4,112| |Insurance||2,570|3,411| |Light and heat||3,845|4,575| |Pdnting,
postage and|stationery|1,579|2,989| |Rates and water||339|2,102| |Repairs and maintenance||6,587|5,694| |Specific project expenses||16,208|29,119| |Staff training||2,090|4,224| |Telephone
and internet||5,530|4,645| |Travel and subsistence||18|7,660| |||333,549|337,017| |Share ofsupport costs (see note 9)||171,745|171,015| |Share ofgovernance|costs (see note 9)|27,645|5,164| |||532,939|513,196| |Analysis
by fund|||| |Unrestricted
funds||373,596|375,949| |Restricted funds||159,343|137,247| |||532,939|513,196| ## ## |9|Support costs||||||| |---|---|---|---|---|---|---|---| |||Support|Governance|2021|Support|Governance|2020| |||costs|costs||costs|costs|| |||6|6||5|8|| ||Staff costs|156,808||156,808|153,416||153,416| ||Depreciation|2,663||2,663|1,929||1,929| ||Advertising
and publicity|2,079||2,079|2,373||2,373| ||Bank charges|202||202|160||160| ||General expenses|2,473||2,473|1,371||1,371| ||Printing,
postage and||||||| ||stationery|526||526|996||996| ||Property expenses|5,434||5,434|8,225||8,225| ||Travel and subsistence|6||6|||| ||Staff training|697||697|1,408||1,408| ||Insurance|857||857|1,137||1,137| ||Independent||||||| ||examination
fees||3,000|3,000||3,000|3,000| ||Legal and professional||24,645|24,645||2,164|2,164| |||171,745|27,645|199,390|171,015|5,164|176,179| ||Analysed
between||||||| ||Charitable
activities|171,745|27,645|199,390|171,015|5,164|176,179| ## ## ## ## ## |The average|monthly
number
ofemployees
during t|he year was:|| |---|---|---|---| |||2021|2020| |||Number|Number| |Full time||11|11| |Temporary/|term time|14|13| |||25|24| |Employment|costs|2021|2020| |||8|8| |Wages and|salaries|401,222|381,613| |Social security costs||22,455|21,867| |Other pension costs||5,661|5,037| |||429,338|408,517| ## |Intangible
fi|xed assets|| |---|---|---| |||Webslls| |||8| |Cost||| |At 1 April 2020 and 31 March 2021||5,280| |Amortisation|and impairment|| |At 1 April 2020||| |Amortisation|charged for the year|550| |At 31 March|2021|550| |Carrying
amount||| |At 31 March|2021|4,730| |At 31 March|2020|5,280| ## ## ## |13|Tangible fixed assets|||||| |---|---|---|---|---|---|---| ||||Leasehold|Assets under|Plant snd|| ||||properties|construction|machinery|| |||||f||| ||Cost|||||| ||At 1 April 2020||324,765|14,283|68,249|407,297| ||Additions||||12,407|12,407| ||At 31 March 2021||324,765|14,283|80,656|419,704| ||Depreciation
and impairment|||||| ||At 1 April 2020||164,571||62,726|227,297| ||Depreciation
charged|in the year|6,495||3,609|10,104| ||At 31 March 2021||171,066||66,335|237,401| ||Carrying
amount|||||| ||At 31 March 2021||153,699|14,283|14,321|182,303| ||At 31 March 2020||160,194|14,283|5,523|180,000| |14|Stocks|||||| ||||||2021|2020| ||Finished goods and goods for resale||||70|70| |15|Debtors|||||| ||||||2021|2020| ||Amounts
falling due|within one year:|||8|6| ||Trade debtors||||6,075|73,470| ||Other debtors||||104,444|91,823| ||Prepayments
and accrued income||||7,532|4,086| ||||||118,051|169,379| ## ## ## ## |Creditor|s: amo|u|nts
falling|due within on|e year||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2021|2020| ||||||||Notes|6|| |Other taxation and social security|||||||||19,661| |Deferred|income|||||||4,459|5,850| |Trade creditors||||||||2,005|2,198| |Other creditors||||||||1,261|1,134| |Accruals||||||||18,902|5,578| |||||||||26,627|34,421| |Deferred|income||||||||| |||||||||2021|2020| |||||||||6|6| |Other deferred||income||||||4,459|5,850| |Deferred|income||is included|in the financial|statements|as follows:|||| |||||||||2021|2020| |Balance|brought||forward|||||5,850|26,786| |Income received||||||||71,371|123,278| |Amounts|released|||||||(72,762)|(144,214)| |Balance|carried||forward||||||| |||||||||4,459|5,850| ||||nl0
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Pu Q x|| ## ## ## ||||Balance at|Transfers|Balance at||Balance at| |---|---|---|---|---|---|---|---| ||||1April 2010||1April 2020||31 laarch 2021| |Operating|reserve|fund|59,000|17,000|76,000||76,000| |Property|upgrade|fund|140,000|17,000|157,000||157,000| |Fixed asset fund||||185,280|185,280|1,753|187,033| ||||199,000|219,280|418,280|1,753|420,033| |||||cc
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O|| ## ## ## ## ## ||||2021|2020| |---|---|---|---|---| ||||6|5| |Within|one|year|107|107| ## ||Every member of the company
undertakes
55to the assets ofthe charitable
company
or within one year after he or she cease to|Every member of the company
undertakes
55to the assets ofthe charitable
company
or within one year after he or she cease to|to contribute
in the event
be a member.|such amount as
of its being wound|may be required
(not exceeding
up while he or she is a member,|may be required
(not exceeding
up while he or she is a member,| |---|---|---|---|---|---|---| |24|Cash generated
from operations||||2021|2020| ||||||5|6| ||Surplus for the year||||61,231|15,764| ||Adjustments
for:|||||| ||Investment
income recognised
in statement||offinancial activities||(159)|(345)| ||Depreciation
and impairment
oftangible|fixed assets|||10,653|7,715| ||Movements
in working
capital:|||||| ||Decrease/(increase)
in debtors
(Decrease) in creditors
(Decrease)
in deferred income||||51,328
(6,402)
(1,391)|(92,029)
(3,603)
(20,936)| ||Cash generated
from/(absorbed
by) operations||||115,260|(93,434)| |25|Analysis ofchanges
in net funds|||||| ||The chadty had no debt during the year.||||||