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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Strategic Report|||
|Trustees' Report||3to6|
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities|8to9|
|Balance Sheet||10|
|Notes to the Financial|Statements|IIto 26|
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|(Including
Inc|ome an|d Expenditure|Account and
and Losses)|Statement o|fTotal Recogn|ised Gains|
|---|---|---|---|---|---|---|
|||||||Total|
|||||Unrestricted|Restricted|2023|
||||Note||||
|Income and Endowments||from:|||||
|Donations
and legacies|||3|462,312|142,469|604,781|
|Charitable
activities|||4|521||521|
|Other trading activities|||5|101,897||101,897|
|Investment
income|||6|453||453|
|Other income|||7|27,823||27,823|
|Total Income||||593,006|142,469|735,475|
|Expenditure
on:|||||||
|Raising funds|||8|(63,194)||(63,194)|
|Charitable
activities|||9|~628,968|(307,727)|(936,692)|
|Total Expenditure||||(692,159)|(307,727)|(999,886)|
|Net expenditure||||(99,153)|(165,258)|(264,411)|
|Transfers between|funds|||(40,232)|40,232||
|Net movement
in funds||||(139,385)|(125,026)|(264,411)|
|Reconciliation
offunds|||||||
|Total funds brought|forward||22|2,961,082|125,026|3,086,10S|
|Total funds carried|forward||22|2,821,697||2,821,697|
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||||||Total|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|2022|
|||Note||||
|Income and Endowments|from:|||||
|Donations
and legacies||3|472,488|249,312|721,800|
|Charitable
activities||4|100||100|
|Other trading activities||5|95,752||95,752|
|Investment
income||6|15||15|
|Other income||7|19,184||19,184|
|Total Income|||587,539|249,312|836,851|
|Expenditure
on:||||||
|Raising funds
Charitable
activities||8
9|(58,227)
~664,827|337,981|(58,227)
~l.0ll 2.808|
|Total Expenditure|||~723,054|337,981|1,061,035)|
|Net expenditure|||(135,515)|(88,669)|(224,184)|
|Transfers
between
funds|||(44,344)|44,344||
|Net movement
in funds|||(179,859)|(44,325)|(224,184)|
|Reconciliation offunds||||||
|Total funds brought
forward|||3,140,941|169,351|3,310,292|
|Total funds carried forward||22|2,961,082|125,026|3,086,108|
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||||Balance Sheet as at 31|March 202|3||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note||K|
|Fixed assets|||||||
|Tangible assets||||15|2,842,288|3,003,424|
|Current
assets|||||||
|Stocks||||16|26,857|16,196|
|Debtors||||17|84,414|67,627|
|Cash at bank|and in hand|||18|99,466|188,867|
||||||210,737|272,690|
|Creditors: Amounts||falling due within one year||19|(219,987)|(178,665)|
|Net current|(liabilities)/assets||||9,250|94,025|
|Total assets|less current||liabilities||2,833,038|3,097,449|
|Creditors: Amounts||falling due after more than one year||20|(11,341)|(11,341)|
|Net assets|||||2,821,697|3,086,108|
|Funds ofthe|charity:||||||
|Restricted income funds|||||||
|Restricted
funds||||22||125,026|
|Unrestricted|income|funds|||||
|Unrestricted|funds||||2,821,697|2,961,082|
|Total funds||||22|2,821,697|3,086,108|
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||||Unrestricted||||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||General|Retricted|2023|2022|
|||||K|||
|Donations
and legacies;|||||||
|Donations|from|individuals|10,580|23,709|34,289|7,322|
|Grants, including||capital grants;|||||
|Government|grants||15,500|9,870|25,370|37,197|
|Non government||grants|436,232|108,890|545,122|677,281|
||||462,312|142,469|604,781|721,800|
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||||Unrestricted|||
|---|---|---|---|---|---|
|||||Total|Total|
||||General|2023|2022|
||||8|||
||Exhibitions||521|521|100|
|5|Income from other trading|activities||||
||||Unrestricted|||
|||||Total|Total|
||||General|2023|2022|
|Trading income;||||||
||Shop income||101,897|101,897|95,752|
||||101,897|101,897|95,752|
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|||||||IJnrestricted|||
|---|---|---|---|---|---|---|---|---|
|||||||funds|Total|Total|
|||||||General|2023|2022|
||||||||K||
|Interest receivable|||and similar income;||||||
||Interest|receivable||on bank deposits||453|453|15|
|7|Other|income|||||||
|||||||Unrestricted|||
||||||||Total|Total|
|||||||General|2023|2022|
|Cafe rental||||||4,458|4,458|500|
|Room hire||||||100|100|60|
|Museums||and galleries exhibition|||tax relief|23,265|23,265|18,624|
|||||||27,823|27,823|19,184|
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|a) C|osts of tra|ding
activities|||||
|---|---|---|---|---|---|---|
|||||IJnrestricted|||
||||||Total|Total|
|||||General|2023|2022|
||||Note||f.||
|Costs|ofgoods|sold||63,194|63,194|58,227|
|||||63,194|63,194|58,227|
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|9
Expenditure
on c|haritable
acti|vities||||
|---|---|---|---|---|---|
|||Unrestricted||||
|||||Total|Total|
|||General|Restricted|2023|2022|
||i%ate|8||||
|Publicity costs||14,291|2,334|16,625|15,460|
|Premises costs||97,439|5,200|102,639|97,270|
|Exhibition
program||73,622|220,444|294,066|336,935|
|Travel and||||||
|subsistence||34,607|310|34,917|14,609|
|Office costs||17,097|2,009|19,106|33,850|
|Sundry
expenses||453||453|13,461|
|Bank charges||1,815||1,815|1,820|
|Interest payable||692||692|756|
|Depreciation||161,137||161,137|160,914|
|Legal and||||||
|professional||1,500||1,500||
|Staff costs||222,312|77,430|299,742|321,483|
|Governance
costs|10|4,000||4,000|6,250|
|||628,965|307,727|936,692|1,002,808|
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|||||||Uarestricted||||
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|Total||Total|
|||||||Geaeral|2023||2022|
|||||||8||||
|Audit fees||||||||||
|Audit ofthe financial||statements|||||||6,250|
|Independent|examiner
fees|||||||||
|Examination ofthe financial||||statements||4,000|4,000|||
|||||||4,000|4,000||6,250|
|11 Net incoming/outgoing|||resources|||||||
|Net outgoing|resources|for|the|year include:||||||
||||||||2023||2022|
|Operating
leases - other||assets|||||46,|145|36,250|
|Audit fees|||||||||6,250|
|Other non-audit
services|||||||3,870||2,993|
|Depreciation|offixed assets||||||161,135||161,295|
|Finance charges payable||||||||692|756|
|Independent|examination||||||4,000|||
|12 Trustees|remuneration||and expenses|||||||
|During the year the charity|||made the following||transactions|with trustees:||||
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|13 Staty costs|||
|---|---|---|
|The aggregate
payroll costs were as follows:|||
||2023|2022|
|Staffcosts during the year were:|||
|Wages and salaries|279,872|299,087|
|Social security costs|13,973|15,475|
|Pension costs|5,076|5,125|
|Other staff costs|821|1,796|
||299,742|321,483|
|2023||2022||
|---|---|---|---|
|No||No||
||19||22|
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|15 Tangible fixed assets||||
|---|---|---|---|
||Land and|Plant and||
||buildings|machinery|Total|
||8|||
|Cost||||
|At 1 April 2022|4,726,549|125,537|4,852,086|
|At 31March 2023|4,726,549|125,537|4,852,086|
|Depreciation||||
|At 1 April 2022|1,732,752|115,909|1,848,661|
|Charge for the year|157,392|3,745|161,137|
|At 31March 2023|1,890,144|119,654|2,009,798|
|Net book value||||
|At 31March 2023|2,836,405|5,883|2,842,288|
|At 31March 2022|2,993,797|9,628|3,003,425|
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|16 Stock|||
|---|---|---|
||2023|2022|
|Stocks|26,857|16,196|
|17 Debtors|||
||2023|2022|
|Trade debtors|57,158|3,193|
|Prepayments|13,097|14,188|
|Other debtors|14,159|50,246|
||84,414|67,627|
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|18 Cash and cash equivalents|18 Cash and cash equivalents||||
|---|---|---|---|---|
||||2023|2022|
|Cash on hand|||40||
|Cash at bank|||99,426|188,867|
||||99,466|188,867|
|19Creditors: amounts|falling due within|oue year|||
||||2023|2022|
|||||8|
|Trade creditors|||148,700|82,438|
|Other taxation and social|security||3,200|4,880|
|Other creditors|||55,363|81,947|
|Accruals|||12,724|9,400|
||||219,987|178,665|
|20 Creditors: amounts|falling due after|one year|||
||||2023|2022|
|Other loans|||11,341|11,341|
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|22 Funds|||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at I|Incoming|Resources|||31March|
||April 2022|resources|expended|Transfers||2023|
|||8||8||K|
|Unrestricted
funds|||||||
|General|||||||
|General|2,961,082|593,006|(692,159)|(40,232)||2,821,697|
|Restricted
funds|||||||
|Summer offun project||2,500|(2,500)||||
|Digital Innovation||5,000|(5,000)||||
|Llandudno
Tourist &|||||||
|Innovation
Grant||7,370|(7,370)||||
|Cerith Wyn Evans||33,500|(44,596)|11,096|||
|Criw Celf|1,565|39,596|(41,161)||||
|Jacqueline de Jong|||||||
|Exhibition|||(18,721)|18,721|||
|Angharad
Williams|||||||
|Exhibition||2,000|(6,902)|4,902|||
|Garfield Weston Culture|||||||
|Fund|89,307||(85,807)|(3,500)|||
|NRW L&E - Undergrowth|||||||
|program||45,863|(47,150)|1,287|||
|Heating
system repairs||1,200|(5,200)|4,000|||
|Project Space|25,842|(1,785)|(27,586)|3,529|||
|Creativity
is Mistakes|520||(569)||49||
|Temporary
Atlas|(148)||||148||
|Frances Disley Project
Podcast Digital Project|6,950
990|7,225|(14,175)
~990)||||
|Total restricted
funds|123026|142469|~307727)|40|232||
|Total funds|3,086,11)8|731471|~999,886),|||2,821,697|
##
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||Notes to the F|inancial Stateme|nts
for the|Year Ended 3|1March 202|3|
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1|Incoming|Resources||31March|
|||April 2021|resources|expended|Transfers|2022|
|||8|8||||
|Unrestricted|funds||||||
|General|||||||
|General||3,140,941|587,539|(723,054)|(44,344)|2,961,082|
|Restricted|||||||
|BBorzello|Female||||||
|Perspective||6,000||(3,000)|(3,000)||
|Criw Celf|||129,275|(124,846)|(2,864)|1,565|
|Foyle Foundation||8,402|14,500|(22,902)|||
|Learning
and Curatorial|||||||
|Fund||38,467||(38,525)|58||
|Jacqueline|de Jong||||||
|Exhibition||7,447|34,261|(63,365)|21,657||
|Angharad|Williams||||||
|Exhibition||3,000|14,000|(24,535)|7,535||
|Garfield Weston Culture|||||||
|Fund||106,035||(3,228)|(13,500)|89,307|
|Project Space|||47,626|(21,784)||25,842|
|Anathemata|Exhibition||5,000|(12,372)|7,372||
|Cultural
Professionals|||||||
|Connection|||2,500|(13,086)|10,586||
|Creativity|is Mistakes||2,150|(1,630)||520|
|Temporary|Atlas|||(148)||(148)|
|Frances Disley Project
Podcast Digital Project||||(3,050)
~5.550|10,000
6,500|6,950
990|
|Total restricted
funds||169,351|249,312|(337,981)|44,344|125,026|
|Total funds||3.310.292|836,851|~1,065,035||3,086,108|
##
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|23 Analysis ofnet assets between funds|23 Analysis ofnet assets between funds|23 Analysis ofnet assets between funds||||
|---|---|---|---|---|---|
|||||Unrestricted|Total funds at|
|||||funds|31March|
|||||General|2023|
|Tangible|fixed|assets||2,842,288|2,842,288|
|Current|assets|||210,737|210,737|
|Current|liabilities|||(219,987)|(219,987)|
|Creditors over||1 year||(11,341)|(11,341)|
|Total net assets||||2,821,697|2,821,697|
||||Unrestricted||Total funds at|
||||funds|Restricted|31March|
||||General|funds|2022|
|Tangible|fixed|assets|2,996,448|6,976|3,003,424|
|Current|assets||48,505|224,185|272,690|
|Current|liabilities||(72,530)|(106,135)|(178,665)|
|Creditors|over|1year|(11,341)||(11,341)|
|Total net assets|||2,961,082|125,026|3,086,108|
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