2020-12-31-accounts

			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		9	to	13
Detailed Statement ofFinancial Activities			14

			for	the year ended 31 Decembe	r 2020
					2020	2019
					Unrestricted	Total
					fund	funds
				Notes	F
INCOME AND ENDOWMENTS			FROM
Donations and legacies					68,552	87,851
Other trading activities					10,641	35,225
Investment income					31	71
Total					79,224	123,147
EXPENDITURE ON
Raising funds					76,242	121,223
NET INCOME					2,982	1,924
RECONCILIATION	OF FUNDS
Total funds brought		forward			34,276	32,352
TOTAL FUNDS CARRIED FORWARD					37,258	34,276

North	Wales International Nluslc Festival Limited
	Balance Sheet
	31 December 2020
		2020	2019
		Unrestricted	Total
		fund	funds
	Notes		F
CURRENT ASSETS
Debtors Cash at bank		4,785 65,758	9,320 36,260
		70,543	45,580
CREDITORS
Amounts falling due within one year	10	(33,285)	(11,304)
NET CURRENT ASSETS		37,258	34,276
TOTAL ASSETS LESSCURRENT LIABILITIES		37,258	34,276
NET ASSETS		37,258	34,276
FUNDS
Unrestricted funds		37,258	34,276
TOTAL FUNDS		37,258	34,276

INVESTMENT INCOME
									2020		2019
									F
Deposit account interest										31	71
TRUSTEES' REMUNERATION		AND	BENEFITS
There were no trustees' remuneration ended 31 December 2019.				or other benefits for the				year ended 31	December	2020 nor for the ye
Trustees' expenses
There were no trustees' 31 December 2019.	expenses			paid	for the year		ended	31 December	2020 nor	for the year ende
STAFF COSTS
The average monthly number ofemployees					during	the year was		as follows:
									2020		2019
Management and administration									1		1
No employees received emoluments			in	excess of		F60,000.
COMPARATIVES FOR THE	STATEMENT				OF FINANCIAL		ACTIVITIES
											Unrestricted
											fund
INCOME AND ENDOWMENTS		FROM
Donations and legacies											87,851
Other trading activities											35,225
Investment income											71
Total											123,147
EXPENDITURE ON
Raising funds											121,223
NET INCOME											1,924
RECONCILIATION OF FUNDS
Total funds brought forward											32,352
TOTAL FUNDS CARRIED FORWARD											34,276

TANGIBLE	FIXEDAS	SE	TS
							Fixtures
							and
							fittings
							F
COST
At 1 January	2020 and	31 December 2020					2,043
DEPRECIATION
At 1 January	2020 and	31 December 2020					2,043
NET BOOK	VALUE
At 31 December 2020
At 31 December 2019
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
						2020	2019
Trade debtors						4,785	9,320
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
						2020	2019
							E
Trade creditors						8,260	8,288
Social security and other			taxes				1,016
Accruals and	deferred	income				22,305
Accrued expenses						2,720	2,000
						33,285	11,304
MOVEMENT	IN FUNDS
						Net
						movement	At
					At 1/1/20	in funds	31/12/20
						F	E
Unrestricted	funds
General fund					34,276	2,982	37,258
TOTAL FUNDS					34,276	2,982	37,258
Net movement	in funds,	included		in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					P		F
Unrestricted	funds
General fund					79,224	(76,242)	2,982
TOTAL FUNDS					79,224	(76,242)	2,982

				Net
				movement	At
			At 1/1/19	in funds	31/12/19
				E	E
Unrestricted		funds
General	fund		32,352	1,924	34,276
TOTAL	FUNDS		32,352	1,924	34,276

Comparative	net movement in funds, include	d in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		F		E
Unrestricted	funds
General fund		123,147	(121,223)	1,924
TOTAL FUNDS		123,147	(121,223)	1,924

A curren	t yea	r 12months and prior year 12	months combined position is as follow	s:
				Net
				movement	At
			At 1/1/1 9	in funds	31/12/20
			F		E
Unrestricted		funds
General	fund		32,352	4,906	37,258
TOTAL	FUNDS		32,352	4,906	37,258

as follows:	p y		,
		Incoming	Resources	Movement
		resources	expended	in funds
		F	F
Unrestricted	funds
General fund		202,371	(197,465)	4,906
TOTAL FUNDS		202,371	(197,465)	4,906

	for the year ended 31 Dec	ember 2020
		2020	2019
		f.
INCOME AND ENDOWMENTS
Donations and legacies
Donations and sponsorships		17,300	25,266
Grants		40,681	62,585
Job Retention Scheme		10,571
		68,552	87,851
Other trading activities
Boxoffice receipts			24,035
Programme and records sales			1,515
Programme advertising			2,850
Receptions and fundraisers	surplus/(deficit)		5,608
Friends subscriptions		1,127	1,217
Virtual Festival donations		9,514
		10,641	35,225
Investment income
Deposit account interest		31	71
Total incoming resources		79,224	123,147
EXPENDITURE
Other trading activities
Artists fees		19,188	41,922
Artistic directors' fees		15,000	15,000
Staging 8 Hire		720	8,134
Dean and Chapter ofStAsaph Cathedral		550	4,560
Performing rights		3,395	1,570
Event expenses		3,709	1,983
Volunteers			4,000
Education project costs		1,100	7,002
		43,662	84,171
Support costs
Management
Administrators wages and expenses		23,414	22,791
Insurance		798	888
Telephone		195
Postage and stationery		96	309
Advertising and marketing		5,565	9,912
Motor and travel expenses		136	474
Bank interest and charges		210	432
		30,414	34,806
Governance costs
Accountancy and legal fees		2,166	2,246
Total resources expended		76,242	121,223
Net income		2,982	1,924