||||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||
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|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|||
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||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|
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|||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|
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|2021|2020|
|---|---|
|E|F|
||31|
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|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|
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|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)|
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||||||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)|
##
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|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|