##
##
##
##
##
##
|Officials||
|---|---|
|Hon Chairman:|Hon Company Secretary|
|Sarah Ecob|Nico DeCourt|
|Hon I/ice Chairman:|Lead hoard member for safeguarding|
|Chris Adams|Sarah Ecob|
|Hon Treasurer:||
|Lucy Morris||
|Directors/Trustees||||||||
|---|---|---|---|---|---|---|---|
|SEcob (Chair) (Appointed||10/8/22)||L.Jones||||
|CAdams
(Vice Chair)||||I.A. Lebbon (Retired 10/08/22)||||
|K. Boydon||||I. Llewelyn-Jones||||
|G Carlton||||L Monte (Treasurer)||||
|R. A Device (Dr)|(Retired 10/8/22)|||M. Webb de Gonzales|(Retired 10/08/22)|||
|N Decourt||||K. Young||||
|J.Gambles||||||||
|Registered
office and|operational||address|Solicitors,||||
|Royal International|Pavilion|||Aaron Partners||||
|Abbey Road||||5-7 Grosvenor
Court||||
|Llangollen||||Foregate Street||||
|Denbighshire||||Chester||||
|LL20 8SW||||CH1 1HG||||
|Bankers||||Auditors||||
|HSBC||||Sallsburys
& Company|Business Solutions||Ltd|
|17-19Regent Street||||Irish Square, Upper Denbigh||Road||
|Wrexham||||St Asaph,
Denbighshire||||
|LL11 1RN||||LL17 ORN||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|
||||Note|funds|funds|Total|Total|
|||||f|f|f|f|
|Incoming resources||||||||
|Incoming resources from generated||funds||||||
|Donations,
legacies and similar||||||||
|Incoming
resources||||51,093|43,994|95,087|11,250|
|Inveslment
income||||31|14|45|40|
|Incoming
resources from charitable||activities||||||
|Tickets and other sales||||312,414|102,923|415,337|11,373|
|Sponsorship
Income||||40,000||40,000||
|Grants
and local authorities||||161,814|159,660|321,474|522,911|
|Total Incoming resources||||565,352|306,591|871,943|545,574|
|Resources expended||||||||
|Costs of generating
funds||||477||477|612|
|Charitable
Activities||||||||
|Site|||7|162,760|19,797|182,557|33,510|
|Music and staging|||8|98,773|209,204|307,977|96,299|
|Competitors|||9|33,624|11,703|45,327|7,193|
|Commercial|||10|105,240|46,277|151,517|230,105|
|||||400,874|286,981|687,855|367,720|
|Governance
Costs|||11|3,450||3,450|3,150|
|Other resources
expenditure|||12|28,598|5,363|33,961|14,518|
|Total resources expended|||13|432,922|292,344|725,266|385,388|
|Net Incoming
resources before||||||||
|other recognised
gains or losses||||132,430|14,247|146,677|160,186|
|Fair Valuation
AdJustment|of|||||||
|Freehold
Land||||||||
|Net Movement
in funds||||132,430|14,247|146,677|160,186|
|Total funds brought
forward||||188,872|142,319|331,191|171,004|
|Total funds carried forward|||20,21,22|321,302|156,566|477,868|331,191|
##
|||||Note|Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||E|f|
|Tangible assets||||15|106,000||106,000|106,000|
|Current assets|||||||||
|Stocks||||16|2,197||2,197|4,354|
|Debtors and prepayments||||17|54,000||54,000|97,273|
|Cash at bank|and|in|hand||247,876|186,727|434,603|510,368|
||||||304,073|186,727|490,800|611,995|
|Creditors: amounts|falling due within||||||||
|one year||||18|(88,772)|(30,161)|(118,933)|(386,804)|
|Net current assets|||||215,301|156,566|371,867|225,191|
|Total assets less current|||liabilities||321,301|156,566|477,867|331,191|
|Creditors: amount|falling||due after||||||
|more than one year||||19|||||
|Net assets|||||321,301|156,566|477,867|331,191|
|Income funds|||||||||
|General
fund||||20/22|||321,304|188,872|
|Restricted funds||||21|||156,563|142,319|
|Total funds|||||||477,867|331,191|
##
||||||Note|Unrestricted|Restricted|2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|
|Cash Provided
Activities|by (Used in) Operating||||28|26,200|(102,009)|(75,809)||226,583|
|Cash flows from investing||activities|||||||||
|Interestincome|||||6|31|14||45|40|
|Purchase
oftangible fixed||assets|||15|0|0||||
|Cash provided|by (used In) Investing|||||31|14||45|40|
|activities|||||||||||
|Cash flows from financing||activities|||||||||
|Repayment
of|borrowings|||||||||(50,000)|
|Cash used in financing
activities||||||||||(50,000)|
|Increase
in cash and cash||equivalents||ln the||26,231|(101,995)|(75,764)||176,623|
|year|||||||||||
|Cash and cash|equivalents|at the|beginning|||221,646|288,722|510,368||333,745|
|ofthe year|||||||||||
|Total cash and|cash equivalents||at the end||||||||
|ofthe year||||||247,877|186,727|434,604||510,368|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|incoming
resources|||||
|---|---|---|---|---|
||||2022|2021|
|Net Incoming resources are stated after charging|||f|6|
|Auditors'
remuneration|||3,450|3,150|
|Depreciation
of tangible
fixed assets —owned||||6,509|
|Hire of plant and machinery|operating|leases|||
||short-term|hires|81,769|4,192|
|Lease of land and buildings|||7,000|7,000|
##
|kets and oth|er sales|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2022|2021|
|||funds|funds|Total|Total|
|Tickets and|other sales|6||6|6|
|Tickets||195,639||195,639||
|Broadcasting||30,000|95,000|125,000|10,000|
|||225,639|95,000|320,639|10,000|
|Site Income||||||
|Site Rents||25,111||25,111||
|Rents Received||989||989|989|
|||26,100||26,100|989|
|Other Income||||||
|Competitors|Liaison|35,540|6,375|41,915|10|
|Other sales||||||
|Advertising||650||650||
|Bar Income||6,033||6,033||
|Booking Fees & Postage &Packing||4,521||4,521||
|Floral||0|1,397|1,397||
|Fundraising|||151|151||
|Merchandise||1,889||1,889||
|Parking
Income||8,291||8,291||
|Programmes||3,723||3,723||
|Sundries||28||28|374|
|||25,135|1,548|26,682|374|
|||312,414|102,923|415,337|11,373|
##
|4.Donations||||Unrestricted|Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||funds||funds|Total|Total|
|||||||f|f|f|
|Friends of Llangollen||International|||||||
|Musical Eisteddfod||||9,500||26,500|36,000||
|General Donations||||19,670||4,809|24,479|3,019|
|Anonymous
Donations||||18,000|||18,000||
|Donated services||||||2,510|2,510||
|Prizes||||||9,036|9,036||
|Floral||||||500|500||
|Hospitality||||||639|639||
|HMRC Gift Aid||||3,784|||3,784|6,731|
|Legacies form prior year||||||||1,500|
|Legacy
—Gwfiym|Pennant||Roberts||139||139||
|||||51,093||43,994|95,087|11,250|
|5.Grants and local authorities||||Unrestricted||Restricted|2022|2021|
|||||funds||funds|Total|Total|
|Local Authorities||||f||f|f||
|Unitary
and Communily||Councfis||6,814||1,600|8,414|650|
|Grants|||||||||
|Arts Council ofWales||||80,000||120,000|200,000|5,656|
|Major Events
Unit,|WAG|||||||183,700|
|Cullural
Recovery|Fund|||75,000|||75,000|295,000|
|Garfield Western||||||||7,500|
|James Pant||||||12,000|12,000||
|Blakemore Grant||||||100|100||
|MBNA||||||18,000|18,000||
|Heritage
Lottery Fund||||||7,960|7,960|4,429|
|O'Oyly Carte|||||||||
|Cooperative
Grant||||||||1,243|
|HMRC JRS Grants||||||||24,733|
|||||161,814||159,660|321,474|522,911|
|6.Investment
Income||||Unrestricted||Restricted|2022|2021|
|||||funds||funds|Total|Total|
||||||||f|F|
|Bank and money market|||interest||31|14|45|40|
||||||31|14|45|40|
##
|7.Site Expenditure||||||Unrestricted|Restricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds||Total|Total|
|||||||f|||f|f|
|Salaries,
Nl and||Pensions||||6,401|15,836||22,237|7,953|
|Cleaners and Materials||||||5,755|||5,755|132|
|Ushers
8, Volunteer|||Costs|||1,822|||1,822||
|Utilities||||||4,376|||4,376||
|Car Park Costs||||||6,365|||6,365||
|Equipment
Hire||||||16,531|||16,531|4,192|
|Canvas
& Porta|Cabins|||||25,681|||25,681||
|Site Decoration|||||||2,187||2,187|9,592|
|Security
& Medical||||||36,582|||36,582||
|Maintenance||||||38,075||55|38,130||
|Temp Power||||||7,159|||7,159||
|Floral||||||||969|969||
|Exps & Training||||||400|||400||
|Rent & Rates||||||7,026|||7,776|7,000|
|Postage,
Printing||and Stationery||||395|||395|108|
|Telephones||||||1,129|||1,129|827|
|Insurance||||||1,656|||1,656|363|
|HeaRh &Safety||||||3,210|||3,210|3,148|
|Sundries||||||197|||197|60|
|Depreciation||||||||||127|
|||||||162,760|19,797||182,557|33,510|
|8.Music and staging||expenditure||||Unrestricted|Restricted||2022|2021|
|||||||funds|funds||Total|Total|
|||||||f.|f|||f|
|Salaries,
Nl and||Pensions||||5,322|21,300||26,622|41,151|
|Production
Manager||||||5,310|||5,310||
|Concert artists'|fees and|||expenses||5,422|42,706||48,128|(80,146)|
|Sound Equipment,|||stagelng||and lighting|38,700|107,205||145,905||
|Community
days||||||3,950|17,200||21,150||
|Digital Eisteddfod||Costs||||||||133,801|
|Competitors'
club||||||100|||100||
|Ad)udlcators,
Presenters||||and Accompanists||11,645|||11,645||
|Prizes and Trophies||||||10,844|20,183||31,027||
|Performing
rights||||||8,151|||8,151||
|Hire of Halls and||instruments||||4,265||510|4,775||
|Staff expenses|and||Iraining||& Recruitment|320||100|420||
|Volunteers'
meals and expenses||||||1,367|||1,367||
|Postage,
Printing||and Stationery||||395|||395|108|
|Telephones||||||1,129|||1,129|827|
|Insurance||||||1,656|||1,656|363|
|Sundries||||||197|||197|60|
|Depreciation||||||||||127|
|||||||98,773|09,|09||96,299|
##
|9.Competitors'
expenditure|9.Competitors'
expenditure|9.Competitors'
expenditure||Unrestricted|Restricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds||Total|Total|
||||||||f|6|
|Accommodation||||19,885|||19,885||
|Transport|||||||||
|Local coaches||||5,995|||5,995||
|Long-distance
coaches||||4,140|||4,140||
|Other|||||||||
|Meals||||978|||978||
|Group Assistance|||||2,950||2,950||
|Other Misc. Associated costs||||||339|339||
|Salaries, Social Security|||costs and Pensions|2,613|8,414||11,027|7,193|
|Staff expenses||||13|||13||
|||||33,624|11,703||45,327|7,193|
|10.Commercial
Expenditure||||Unrestricted|Restricted||2022|2021|
|||||funds|funds||Total|Total|
|||||6||||E|
|Salaries Social Securlly costs and Pensions||||9,268|37,483||46,751|117,669|
|Staff expenses
&|recruitment|||3,481|||3,481|3,923|
|Staff training||||803|||803|39|
|Advertising||||16,681|||16,681|2,414|
|Subscnpbons||||633|||633|562|
|Sponsorship
&Corporate|||Hospltsllly|2,665|2,000||4,665||
|Archive
&Research|||||4,|173|4,173|3,588|
|Publicity
& Marketing||||2,938|1,600||4,538||
|Programme,
Ticket||&Seat label printing||2,292|||2,292||
|Advertising
Signs|& Banners|||1,327|||1,327||
|Consultancy
& Licence Fees||||16,101|1,000||17,101|42,780|
|Public Relations||||8,000|||8,000|5,000|
|Bank & Credit Card||Charges||5,338|||5,338|1,994|
|Ticket Agency commission||||6,111|||6,111|3,500|
|Repairs, Servicing||and leasing of Equipment||2,584||21|2,605|3,996|
|Website & IT Costs||||9,890|||9,890|32,476|
|Volunteer
Costs||||1,367|||1,367|20|
|Postage,
printing|and stafionery|||1,843|||1,843|504|
|Telephones||||5,266|||5,266|3,858|
|Insurance||||7,726|||7,726|1,696|
|Sundries||||921|||921|278|
|Depreciagon||||||||6,254|
|Bad Debts|||||||||
|Fundraising
costs|||||||||
|Planning
Permission||Costs||||||(445)|
|||||105,240|46,277||151,517|230,105|
|11.Governance|Costs||||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|Total|Total|
||||||||f||f|f|
|Audit and Accountancy|||fees||||3,450||3,450|3,150|
||||||||3,450||3,450|3,150|
|12.Other Resources Expenditure|||||||Unrestricted|Restricted|2022|2021|
||||||||funds|funds|Total|Total|
||||||||||F.|f|
|Irrecoverable|MAT||||||28,598|5,363|33,961|14,518|
||||||||28,598|5,363|33,961|14,518|
|13.Total resources expended|||||||||||
||||||Staff|Costs|Depreciation|Other Costs|2022|2021|
|Cost ofGenerating||Funds||||||477|477|612|
|Site|||||22,237|||160,320|182,557|33,510|
|M&S|||||26,622|||281,355|307,977|96,299|
|Competitors|||||11,027|||34,300|45,327|7,193|
|Commercial|||||46,751||0|104,766|151,517|230,105|
|Governance||||||||3,450|3,450|3,150|
|Other||||||||33,961|33,961|14,518|
|Sad Debts|||||||||||
||||||106,636||0|618,629|725,266|385,387|
|14.Employees|||||||||||
||||||||||2022|2021|
|Staff costs consist of:|||||||||||
|Wages and|salaries||||||||93,265|160,853|
|Social Security Costs|||||||||8,886|8,154|
|Pensions|||||||||4,485|4,960|
||||||||||106,636|173,966|
|No Individual|employee||was paid f60,000 per||annum|or above.|||||
|The average|number|of|employees,|analysed|by function, was:||||||
||||||||||2022|2021|
||||||||Administration||||
||||||||Marketing||||
##
##
##
|xed assets||||||
|---|---|---|---|---|---|
||Freehold|Property|Plant and|||
||Land|Improvements
f|Equipment
f|Total||
|Cost or valuation||||||
|At 1 October 2021|106,000|75,953|302,892||484,845|
|Additions|||0||0|
||106,000|75,953|302,892||484,845|
|Oeprectat(on||||||
|At 1 October 2021||75,953|302,892||378,845|
|Charge for the year||0|0||0|
|||75,953|302,892||378,845|
|Net book value||||||
|At 30 September 2022|106,000||||106,000|
|At 30September 2021|||||106,000|
|||Freehold|Property|Plant and||
|---|---|---|---|---|---|
|||Land
f|Improvements
f|Equipment|Total
f|
|Cost||6,725|75,953|302,892|385,570|
|Accumulated|depreciation||(75,953)|(302,892)|(378,845)|
|Net Book Value at 30September 2022||6,725|||6,725|
|Net Book Value at 30September 2021||6,725|||6,725|
|16.Stocks||Unrestricted|Restricted|2022|2021|
|||funds|funds|Total|Total|
|||f|f|f|f|
|Merchandise||646||646||
|Trophies||1,551||1,551|4,354|
|||2,197||2,197|4,354|
##
|otes|formin
ar|t ofthe ffinanclal stat|t ofthe ffinanclal stat|ements
for the
ear end|ed 30September|2022 Continued|||
|---|---|---|---|---|---|---|---|---|
|17|Debtors and|prepayments|||Unrestricted|Restricted|2022|2021|
||||||funds|funds|Total|Total|
||||||6|E|||
||Debtors||||53,224||53,224|96,305|
||Prepayments|and accrued income|||776||776|968|
||||||||54,000|97,273|
|18|Creditors: amounts||fafflng due within one year||Unrestricted|Restricted|2022|2021|
||||||funds|funds|Total|Total|
||||||||F.|6|
||Creditors
Accruals and
VAT|deferred|income||15,488
66,394
6,890
2|30,161
15,488
96,554
6,890
11»||27,070
351,394
8,340
3|
|19|Creditors: amounts||falffng due after more than one year||||||
||||||Unrestricted|Restricted|2022|2021|
||||||fundsf|funds
6|Total
E|Total
E|
||Long term Creditors||||||||
|20|General fund||||||||
||Balance at 1 October||2021||||89,599||
||Surplus on income and expenditure
Balance at 30September 2022|||account|||132,430
22 23||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|21 Restricted funds (Continued)|21 Restricted funds (Continued)||||||
|---|---|---|---|---|---|---|
|||Balance at||||Balance at|
|||1 Oct
f|2021|Income
f|Expenditure|30Sept 2022
f|
|ACW Connect & Flourish Grant||||30,000|1,000|29,000|
|ACW Slategic Grant||||90,000|59,791|30,209|
|Archive Project|||2,426|8,019|4,923|5,522|
|Assistance
from Friends||||26,500|21,199|5,301|
|Cefn Bryn Bequest||18,764||||18,764|
|Chlldrens
Day Grant||||18,000|18,000||
|Competitors
Bursaries|||6,539|2,251|2,950|5,839|
|Donations
& Services
in|kind|||97,510|97,510||
|Floral|||4,035|2,050|969|5,116|
|Future Eisteddfod
Events||83,000||8|48,069|34,939|
|Hospitality|||1,926|189|189|1,925|
|Inclusion
Project Grant|||1,243|0|1,243||
|James Pentyfedwen
Grant||||12,000|12,000||
|Prize Funds||14,971||15,862|20,183|10,650|
|Reach out project|||704|0||704|
|Site Development
Fund|||5,418|1|2,392|3,026|
|Town Decoration
Grant||||1,600|1,600||
|Volunteer Assistance||||2,500|126|2,374|
|Volunteer
Development|||2,318|0|100|2,218|
|||142,319||306,590|292,346|156,563|
|22.Fair Value reserve||Balance at||Revalued|Balance at||
|||1 Oct 2021
f||In Year
f|30Sept 2022
f||
|Freehold
and leasehold|land|99,275|||99,275||
##
##
|nalysis ofnet assets bet|ween|funds|||||
|---|---|---|---|---|---|---|
||||Tangible|Net current|Long4erm||
|At 30September 2022
Restricted funds:|||fixed assets|assets
f|liabilities
f|Total|
|ACW Connect & Flourish|Grant|||29,000||29,000|
|ACW Stategic Grant||||30,209||30,209|
|Archive Project||||5,522||5,522|
|Assistance
from Friends||||5,301||5,301|
|Cefn Bryn Bequest||||18,764||18,764|
|Competitors
Bursaries||||5,839||5,839|
|Floral||||5,116||5,116|
|Future Eisteddfod
Events||||34,939||34,939|
|Hospitality||||1,925||1,925|
|Peace message
&Competitors||Club||975||975|
|Prize Funds||||10,650||10,650|
|Reach out project||||704||704|
|Site Development
Fund||||3,026||3,026|
|Volunteer Assistance||||2,374||2,374|
|Volunteer
Development||||2,218||2,218|
|||||156,563||156,563|
|Unrestricted
Funds|||106,000|215,301||321,301|
|Balance|||106,000|371,864||477,864|
##
##
##
##
##
|econciliation
ofnet|m|ovement|in funds to net c|ash flow from operating
act|ivities|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2022|2021|
|||||funds|funds|Total|Total|
|Net movement
in funds||||132,432|14,247|146,679|160,188|
|Add back depreciation||charge|||||6,509|
|Deduct interest income||shown|in|(31)|(14)|(45)|(40)|
|Decrease (increase)in|stock|||2,157||2,157|611|
|Decrease (increase)in|debtors|||33,973|9,300|43,273|28,282|
|Increase (decrease)in|creditors|||(142,331)|(125,541)|(267,872)|31,033|
|Net cash provided
by (used in)||||26,200|(102,008)|(75,808)|226,583|
|operating
activities||||||||
|pport Costs||||||||
|||||Unrestricted|Restricted|2022|2021|
|||||funds|funds|Total|Total|
|Commercial
Salaries|&|Staffing|Costs|14,918|37,483|52,401|121,650|
|Marketing
Activities||||29,580|1,600|31,178|7,976|
|Office Costs||||20,504|4,194|24,698|44,699|
|Consultancy
& Legal|Costs|||16,101|1,000|17,101|42,335|
|Banking &Administration
Costs||||19,175||19,175|7,190|
|||||100,278|44,277|144,553|223,850|
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