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|---|---|---|
|Trustees' report||1-6|
|Statement oftrustees'|responsibilities||
|Independent
examinei"s report|||
|Statement offinancial|activities||
|Balance sheet||10|
|Notes to the financial|statements|11-21|
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|Trustees||||Mrs C JLancaster||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Mr D T Lloyd||||||
|||||Mr JRWalker||||||
|||||SJBest||||||
|||||D RPrice||||||
|||||H A Chance||||||
|||||L G Roberts||||||
|||||FRJ Banks||||||
|||||M SWooldridge||||||
|||||JRAndrews||||||
|||||CEL Kenyon-Wade||||||
|||||D A Childs||||||
|||||LKBrighouse||||(Appointed|24 October 2022)|
|Secretmy||||C JLancaster||||||
|Senior Management/Leadership|||Team|JMustafa,
General|Manager|||||
|||||TRFerrett, Building/Technical|||Manager|||
|||||RA Warlow, Finance Manager||||||
|||||CE Spencer, Marketing||Manager - (Finished||10July 2023)||
|Charity number||||505656||||||
|Company|number|||01279900||||||
|Registered||office||Castle Street||||||
|||||Builth Wells||||||
|||||Powys||||||
|||||LD2 3BN||||||
|Independent||Examiner||Mitchell Meredith|Limited|||||
|||||Chartered
Accountants||||||
|||||The Exchange||||||
|||||Fiveways||||||
|||||Temple Street||||||
|||||Llandrindod
Wells||||||
|||||Powys||||||
|||||UK||||||
|||||LDI 5HG||||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|||
|||||2023|2023|2023|2022|
||||Notes|||g||
|Igggglgfttgiit;||||||||
|Donations
and|legacies|||84,159|4,000|88,159|207,652|
|Charitable
activities||||182,070||182,070|92,909|
|Investments||||255||255|26|
|Total income||||266,484|4,000|270,484|300,587|
|KXItgittiltttt'8310;||||||||
|Charitable
activities|||6|338,106|17,996|356,102|252,131|
|Total expenditure||||338,106|17,996|356,102|252,131|
|Net (expenditure)/income||for the year/||||||
|Net movemcnt|in funds|||(71,622)|(]3,996)|(85,618)|48,456|
|Fund balances|at I April|2022||250,997|122,123|373,120|324,664|
|Fund balances|at 31March 2023|||179,375|108,127|287,502|373,120|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||f||
|Fixed assets|||||||||
|Tangible assets||||||224,425||241,156|
|Current
assets|||||||||
|Stocks|||||1,574||2,862||
|Debtom||||12|10,479||37,535||
|Cash at bank|and in|hand|||87,593||123,023||
||||||99,646||163,420||
|Creditors: amounts||falling due withiu|one||||||
|year||||13|(36,569)||(31,456)||
|Net current assets||||||63,077||131,964|
|Total assets|less curreat liabilities|||||287,502||373,120|
|Income funds|||||||||
|Restricted funds||||14||108,127||122,123|
|Unrestricted|funds|||||179,375||250,997|
|||||||287,502||373,120|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|||
||||2023|2023|2023|2022|
|||||f|||
|Friends k. Supporter||Scheme Donations|16,175||16,175|17,984|
|Other Donations,|Gift Aid etc||9,890||9,890|7,034|
|Donations|||26,065||26,065|25,018|
|Grants receivable|||58,094|4,000|62,094|182,634|
||||84,159|4,000|88,159|207,652|
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||||||||Unrestricted|Restricted|Total|Totnl|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|||
||||||||2023|2023|2023|2022|
|||||||||f|f||
|Grants|||||||||||
|PCC Arts Service - Annual||||Grant|||15,904||15,904|15,905|
|ACW - Wales Cultural||Recovery Fund||||(1)||||6,500|
|Theatre Mwtdan/ACW||-|Programming|||and support|||||
|grant|||||||19,740||19,740|19,488|
|HMRC Coronavirus|Job||Retention||Scheme|||||14,406|
|ACW - Wales Cultural||Recovery Fund||||(2)||||49,000|
|ACW - Wales Cultural||Recovery Fund||||(3)||||57,335|
|Church
Fund in Wales grant||||||||||10,000|
|PCC Covid Community|||Recovery||Fund|||||10,000|
|PCC Health Case Study||||||||1,000|1,000||
|PCC Warm Spaces Grant||||||||1,500|1,500||
|Builth Wells Tovm Council|||||||3,500||3,500||
|The Ashley Family Foundation||||||||1,500|1,500||
|Moondance
Foundation|||||||15,000||15,000||
|Film Hub Wales|||||||3,750||3,750||
|Glascwm
Council|||||||100||100||
|Cilmery
Community|Grant||||||100||100||
||||||||58,094|4,000|62,094|182,634|
|Income from charitable||||activities|||||||
||||||||||Total|Total|
||||||||||2023|2022|
||||||||||f|f|
|Live show income|||||||||17,903|4,335|
|Film income|||||||||92,152|55,578|
|Exhibition
income|||||||||1,114|23|
|Satellite live income|||||||||14,811|2,706|
|Bar and ices sales|||||||||47,112|21,584|
|Sundry
income|||||||||8,978|8,683|
||||||||||182,070|92,909|
|Analysis
by fund|||||||||||
|Unrestricted
funds|||||||||182,070|92,909|
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||||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|
||||||||2023|2022|
||||||||f.||
|Interest receivable|||||||255|26|
|Expenditure|on charitable|||activities|||||
||||||Charitable|Governance|Total|Total|
||||||activities||||
||||||2023|2023|2023|2022|
|||||||||g|
|Wages|||||151,971|2,860|154,831|115,271|
|Recruitment|costs|||||||60|
|Training costs|||||282||282|2,504|
|Rates|||||1,769||1,769|1,533|
|Bar purchases|and vending|||supplies|25,726||25,726|10,406|
|Licences|||||295||295|1,314|
|Live show costs|||||14,334||14,334|3,475|
|Film costs|||||43,567||43,567|26,779|
|Satellite live|costs||||7,134||7,134|1,451|
|Insurance|||||8,092||8,092|7,897|
|Light and heat|||||26,354||26,354|14,809|
|Cleaning|||||4,234||4,234|],802|
|Equipment
and property|||upkeep||13,998||13,998|19,095|
|Telephone|||||2,285||2,285|1,713|
|Printing, postage and||stationery|||350|250|600|1,201|
|Gaming
in the Gallery|||costs|||||437|
|Subscriptions|||||386||386|659|
|GSice contracts etc|||||11,086||]],086|9,310|
|Sundry
and petty cash expenses|||||199||199|72|
|Motor and travelling||expenses|||67||67|145|
|Marketing|||||11,950||11,950|2,918|
|Independant|examiner's||fees|||4,400|4,400|4,000|
|Legal and professional|||||1,199||1,199|1,699|
|Bank interest|and charges||||6,583||6,583|4,106|
|Depreciation|||||16,731||16,731|19,475|
||||||348,592|7,510|356,102|252,131|
|Analysis
by|fund||||||||
|Vnrestricted|funds||||330,596|7,510|338,106|236,044|
|Restricted
funds|||||17,996||17,996|16,087|
||||||348,592|7,510|356,102|252,131|
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|7|Net movement|in funds||2023|2022|
|---|---|---|---|---|---|
||||||8|
||Net niovement|in funds is stated|ager charging/(crediting)|||
||Depreciation ofowned tangible||fixed assets|16,731|19,475|
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||||2023|2022|
|---|---|---|---|---|
||||Number|Number|
|Charitable|activities||12|13|
|Employment||costs|2023|2022|
||||8|f,|
|Wages and|salaiies||150,675|114,053|
|Social security||costs|2,146|14|
|Employers|pension costs||2,010|1,204|
||||154,831|115,271|
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|11|Tnngible
fixed assets|Tnngible
fixed assets|||||||
|---|---|---|---|---|---|---|---|---|
|||||||1'i'cchoid|Furniture
&|Total|
|||||||property
&|cmcc||
|||||||specialist|cquipnicnt||
|||||||0xturcs &|||
|||||||fittings|||
||Cost or valuation||||||||
||At
1 April 2022|||||561,742|154,803|716,545|
||At 31March|2023||||561,742|154,803|716,545|
||Depreciation|and impairment|||||||
||At 1 April 2022|||||323,641|151,748|475,389|
||Depreciation|charged|in the year|||15,712|1,019|16,731|
||At 31 March|2023||||339,353|152,767|492,120|
||Carrying
amount||||||||
||At 31March|2023||||222,389|2,036|224,425|
||At 31March|2022||||238,101|3,055|241,156|
||The carrying|value of|land included|in land and buildings|comprises:||||
||||||||2023|2022|
||Freehold
land||||||72,500|72,500|
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|||||||
|---|---|---|---|---|---|
|Creditors: amounts||falling due within|one year|||
|||||2023|2022|
||||||f|
|Creditors &accruals||||28,836|26,425|
|Other taxation and|social security|||2,833|537|
|BoxoAice income|in|advance||4,900|4,494|
|||||36,569|31,456|
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|||Movement|in funds||
|---|---|---|---|---|
||Balance ot|Incoming|Resources|Balance st|
||IApril 2022|resources|expended|31hlarch 2023|
|ACW Transitional
Funding|343|||343|
|Aggregate
Levy Funds for Wales Grant|4,340||(4,340)||
|ERDF Grants|6,664||(290)|6,374|
|Arts Council ofWales Lottery Grants|62,742||(2,727)|60,015|
|PCC Community
Enablement
Grant|5,169||(225)|4,944|
|Wales Tourst Board Capital Grant|997||(43)|954|
|Gaefield Weston Foundation|882||(39)|843|
|Builth Wells Town Council Cinema Grant|882||(39)|843|
|Jonathon
Morgan Memorial
Fund|11,577|||11,577|
|PCC and CFIW Equipment
Project|2,100||(1,050)|1,050|
|National
Lottety Awards for All|882||(882)||
|Wyeside Flooding Fund|4,117||(789)|3,328|
|Church Fund in Wales|8,571||(1,429)|7,142|
|ACW - Wales Cultural
Recovery Fund (2)|4,286||(714)|3,572|
|PCC Covid Community
Recovery Fund|8,571||(1,429)|7,142|
|PCC Health Case Study||1,000|(1,000)||
|PCC Warm Spaces Grant||1,500|(1,500)||
|The Ashley Family Foundation||1,500|(1,500)||
||]22,123|4,000|(17,996)|108,127|
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|||||Movement|in funds||
|---|---|---|---|---|---|---|
||||BAIAACC At|Incoming|Resources|Balance at 31|
||||IApril 2021|rcsourccs|expended|March 2022|
||||||f.||
|ACW Transitional
Funding|||343|||343|
|Aggregate
Levy Funds for Wales Grant|||8,683||(4,343)|4,340|
|ERDF Grants|||6,954||(290)|6,664|
|Arts Council ofWales Lottery Grants|||65,469||(2,727)|62,742|
|PCC Communily
Enablement
Grant|||5,394||(225)|5,169|
|Wales Tourst Board Capital Grant|||1,040||(43)|997|
|Gaefield Weston Foundation|||921||(39)|882|
|Builth Wells Town Council Cinema|Grant||921||(39)|882|
|ACW
—Equipping
Wyeside for a sustainable||future|1,217||(1,217)||
|PCC Regeneration k Development|Capital|Grant|548||(548)||
|Jonathon
Morgan Memorial
Fund|||11,577|||11,577|
|PCC and CFIW Equipment
Project|||3,150||(1,050)|2,100|
|National
Lottery Awards for All|||2,087||(1,205)|882|
|Wyeside Flooding Fund|||4,906||(789)|4,117|
|Church Fund in Wales||||10,000|(1,429)|8,571|
|ACW - Wales Cultural
Recovery Fund (2)||||5,000|(714)|4,286|
|PCC Covid Community
Recovery Fund||||10,000|(],429)|8,571|
||||113,210|25,000|(16,087)|122,123|
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|Analysis|ofnet assets between
funds|||||
|---|---|---|---|---|---|
||||11nrestricted|Restricted|Total|
||||funds|funds||
||||2023|2023|2023|
||||||f|
|Fund balances at 31March 2023 are repmsented||by:||||
|Tangible|assets||128,217|96,208|224,425|
|Current|assets/(liabilities)||51,158|11,919|63,077|
|Total net assets|||179,375|108,127|287,502|
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||2023|2022|
|---|---|---|
|||f.|
|Within one year|5,366|5,366|
|Between two and five years|13,195|18,560|
||18,561|23,926|