2021-12-31-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

The Council ofMembers is compile	d ofthe follow	ing who served during t	he year:
Right Rev Dr Gregory Cameron The Very Rev N H Williams	Dr Kevin Cllr Dewi	Sharp Owens	Mr John Hosking Mr Meirick Lloyd Davies
Mrs Mair Dowell	Mrs Vera	Savage	Prof John Solbe
Ms Susan Mason	Venerable	E Bernard Thomas	Mr Neil C Halsall
Mrs Anne Wolley	Ms Eleri Llwyd Jones		Mr Robat Arwyn Jones
Mrs Kathryn Heeley	Mrs Beryl	L Roberts	Mr Andrew Thomas
Dr Prydwen Elfed-Owens	Mr Paul Booth

	for	the year ended 31 Decembe	r 2021
			2021	2020
			Unrestricted	Total
			fund	funds
		Notes	F	f.
INCOME AND ENDOWMENTS	FROM
Donations and legacies			104,659	68,552
Other trading activities			12,679	10,641
Investment income			4	31
Total			117,342	79,224
EXPENDITURE ON
Raising funds			125,981	76,242
NET INCOME/(EXPENDITURE)			(8,639)	2,982
RECONCILIATION OF FUNDS
Total funds brought. forward			37,258	34,276
TOTAL FUNDS CARRIED FORWARD			28,619	37,258

		Balance Sheet 31 December 2021
			2021	2020
			Unrestricted	Total
			fund	funds
		Notes	F	F
CURRENT ASSETS
Debtors			14,039	4,785
Cash at	bank		26,192	65,758
			40,231	70,543
CREDITORS
Amounts	falling due within one year	10	(11,612)	(33,285)
NET CURRENT ASSETS			28,619	37,258
TOTAL	ASSETS LESSCURRENT LIABILITIES		28,619	37,258
NET ASSETS			28,619	37,258
FUNDS
Unrestricted funds			28,619	37,258
TOTAL	FUNDS		28,619	37,258

2021	2020
E	F
	31

The average monthly number o	fem	ployees during the year was as follows:
			2021	2020
Management and administration			1	1
No employees received emoluments		in excess ofF60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted
				fund
				E
INCOME AND ENDOWMENTS	FROM
Donations and legacies				68,552
Other trading activities				10,641
Investment income				31
Total				79,224
EXPENDITURE ON
Raising funds				76,242
NET INCOME				2,982
RECONCILIATION OF FUNDS
Total funds brought forward				34,276
TOTAL FUNDS CARRIED FORWARD				37,258

TANGIBLE	FIXEDAS	SE	TS
							Fixtures
							and
							fittings
							E
COST
At 1 January	2021 and	31	December 2021				2,043
DEPRECIATION
At 1 January	2021 and	31	December 2021				2,043
NET BOOK	VALUE
At 31 December 2021
At 31 December 2020
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
						2021 F	2020 f
Trade debtors						14,039	4,785
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
						2021	2020
						F
Trade creditors						9,117	8,260
Accruals and	deferred	income					22,305
Accrued expenses						2,495	2,720
						11,612	33,285
MOVEMENT	IN FUNDS
						Net
						movement	At
					At 1/1/21	in funds	31/12/21
							F
Unrestricted	funds
General fund					37,258	(8,639)	28,619
TOTAL FUNDS					37,258	(8,639)	28,619
Net movement	in funds,	included		in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
						F	P
Unrestricted	funds
General fund					117,342	(125,981)	(8,639)
TOTAL FUNDS					117,342	(125,981)	(8,639)

					Net
					movement	At
				At 1/1/20	in funds	31/12/20
				E	F
Unrestricted		funds
General	fund			34,276	2,982	37,258
TOTAL	FUNDS			34,276	2,982	37,258
Comparative		net movement	in funds, included	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				F	P	E
Unrestricted		funds
General	fund			79,224	(76,242)	2,982
TOTAL	FUNDS			79,224	(76,242)	2,982

A current yea	r 12months and prior year 12	months combined position is as follo	ws:
			Net
			movement	At
		At 1/1/20	in funds	31/12/21
		F		F
Unrestricted	funds
General fund		34,276	(5,657)	28,619
TOTAL FUNDS		34,276	(5,657)	28,619

as follows:	p y	n	uns, cue	n te aove
		Incoming	Resources	Movement
		resources	expended	in funds
		F
Unrestricted	funds
General fund		196,566	(202,223)	(5,657)
TOTAL FUNDS		196,566	(202,223)	(5,657)

North Wales International Music Festival Limited
Detailed Statement of Financial Activities
for the year ended 31 December 2021
	2021f	2020
INCOME AND ENDOWMENTS
Donations and legacies
Donations and sponsorships	20,874	17,300
Grants Job Retention Scheme	77,400 6,385	40,681 10,571
	104,659	68,552
Other trading activities
Fundraising events	2,340
Boxoffice receipts	4,974
Friends subscriptions	1,045	1,127
Virtual Festival donations	4,320	9,514
	12,679	10,641
Investment income
Deposit account interest		31
Total incoming resources	117,342	79,224
EXPENDITURE
Other trading activities
Artists fees Artistic directors' fees	55,162 12,233	19,188 15,000
Staging 8 Hire	3,079	720
Dean and Chapter ofStAsaph Cathedral	3,625	550
Performing rights	2,982	3,395
Event expenses Education project costs	8,150 1,321	3,709 1,100
	86,552	43,662
Support costs
Management
Administrators wages and expenses	24,533	23,414
Insurance	846	798
Telephone	312	195
Postage and stationery	3,015	96
Advertising and marketing	7,965	5,565
Motor and travel expenses	120	136
Bank interest and charges	235	210
	37,026	30,414
Governance costs
Accountancy and legal fees	2,403	2,166
Total resources expended	125,981	76,242
Net (expenditure)/income	(8,639)	2,982