| Page | ||||
|---|---|---|---|---|
| Report ofthe | Trustees | 1to 2 | ||
| Report ofthe | Independent | Auditors | 10to 12 | |
| Statement ofFinancial | Activities | 13 | ||
| Balance Sheet | 14to 15 | |||
| Consolidated | Cash Flow | Statement | 16 | |
| Notes to the Financial | Statements | 17to 29 |
| he principal sources offunding were |
as follows: |
|---|---|
| Welsh Government | 8508,366 |
| Other Public Sector Bodies | |
| 8375,782 | |
| Charitable Trusts |
8408,674 |
| Private Sector | $1,428,310 |
| National Lottery |
$182,961 |
| Local Authorities | $437,135 |
| 83,341,228 |
| FORTHE | YEARE | NDED 31STMA | RCH 2022 | |||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| Unrestricted | Restricted | Total funds | Total funds | |||
| fund | fund | |||||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
87,790 | 87,790 | 326,323 | |||
| Charitable activities |
||||||
| Income from charitable | activities | 346,413 | 724,696 | 1,071,109 | 859,113 | |
| Other trading income |
321,250 | 321,250 | 167,760 | |||
| Other trading activities |
||||||
| Subsidiary income |
4 | 879,833 | 981,246 | 1,861,079 | 1,319,878 | |
| Total | 1,635,286 | 1,705,942 | 3,341,228 | 2,673,123 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
5/6 | |||||
| Salaries sit wages | 882,536 | 340,313 | 1,222,849 | 1,068,009 | ||
| Overhead costs |
109,241 | 143,200 | 252,441 | 226,632 | ||
| Project costs | 31,369 | 344,966 | 376,335 | 199,097 | ||
| Subsidiary expenditure |
4 | 567,167 | 207,276 | 774,743 | 707,300 | |
| Total | 1,590,613 | 1,035,755 | 2,626,368 | 2,201,038 | ||
| NET INCOME/(EXPENDITURE) | 44,673 | 670,187 | 714,860 | 472,085 | ||
| Net movement in funds |
44,673 | 670,187 | 714,860 | 472,085 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 399,692 | 836,781 | 1,236,473 | 764,388 | ||
| TOTAL FUNDS CARRIED FORWARD | 444,365 | 1,506,968 | 1,951,333 | 1,236,473 |
| AT31 | STMARCH 2022 | ||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Unrestricted | Restricted | Total funds | Total funds | ||
| fund | fund | ||||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 11 | 134,770 | 453,103 | 587,873 | 456,879 |
| Heritage assets | 12 | 305,044 | 305,044 | 219,794 | |
| CURRENT ASSETS | |||||
| Stocks | 13 | 44,626 | 44,626 | 42,838 | |
| Debtors | 14 | 360,204 | 40,036 | 400,240 | 284,333 |
| Investments | 600,000 | 600,000 | |||
| Cash at bank and in hand | ~362 545 | 126,790 | 489,335 | 622,990 | |
| 767,375 | 766,826 | 1,534,201 | 950,161 | ||
| CREDITORS | |||||
| Amounts faEing due within one year |
15 | (354,762) | (18,005) | (372,767) | (268,500) |
| NET CURRENT ASSETS | 412,613 | 748,821 | 1~161434 | 681,661 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 547,383 | 1,506,968 | 2,054,351 | 1,358,333 | |
| Accruals and deferred income | 15 | (103,018) | (103,018) | (121,861) | |
| NET ASSETS | ~444 365 | 1.506,968 | 1~951 33 | 1~36473 | |
| FUNDS | 17 | ||||
| Unrestricted funds |
444,365 | 399,692 | |||
| Restricted funds | 1~506968 | 836,781 | |||
| TOTALFUNDS | 1~951,333 | 1~236473 |
| T31 | ST | ||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Unrestricted | Restricted | Total funds | Total funds | ||
| fund | fund | ||||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 11 | 80,284 | 9,598 | 89,882 | 92,459 |
| CURRENT ASSETS | |||||
| Stocks | 13 | 16,255 | 16,255 | 18,498 | |
| Debtors | 14 | 327,424 | 17,850 | 345,274 | 141,868 |
| Cash at bank and in hand | ~58 920 | 72,495 | 131,415 | 233,235 | |
| 402,599 | 90,345 | 492,944 | 393,601 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (357,940) | (9,598) | (367,538) | (172,940) |
| NET CURRENT ASSETS | 44,659 | 80,747 | 125,406 | ~220 661 | |
| TOTAL ASSETSLESSCURRENT | 124,943 | 90,345 | 215,288 | 313,120 | |
| LIABILITIES | |||||
| NET ASSETS | ~124 943 | 90,345 | ~215 288 | 313,120 | |
| FUNDS | 17 | ||||
| Unrestricted funds |
124,943 | 118,992 | |||
| Restricted funds | 90,345 | ~194 128 | |||
| TOTAL FUNDS | 215,288 | 313,120 |
| 0 | DW | DW | RK | ORTH | WAL | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| FLOW | STATEMENT | ||||||||||
| FORTHE YEARENDED 31STMAR | H2022 | ||||||||||
| 31.3.22 | 31.3.21 | ||||||||||
| Notes | |||||||||||
| Cash flows from operating | activities: | ||||||||||
| Cash generated from operations |
726,989 | 509,878 | |||||||||
| Net cash provided by (used |
in) operating | ||||||||||
| activities | 7~26 989 | 5~09 8'/8 | |||||||||
| Cash flows from investing | activities: | ||||||||||
| Purchase oftangible fixed assets | (176,222) | (340,409) | |||||||||
| Saleoftangible fixed assets | 773 | 3,005 | |||||||||
| Purchase ofinvestments | (600,000) | ||||||||||
| Purchase ofheritage assets |
(85,250) | ||||||||||
| Interest received | 55 | 171 | |||||||||
| Net cash provided by (used in) investing |
(860,644) | (337,233) | |||||||||
| activities | |||||||||||
| Change in cash and cash equivalents | in the | ||||||||||
| reporting period |
(133,655) | 172,645 | |||||||||
| Cash and cash equivalents | at the beginning | of | |||||||||
| the reporting period |
622,990 | 450,345 | |||||||||
| Cash and cash equivalents | at the end | ofthe | |||||||||
| reporting period |
489,335 | 622,990 | |||||||||
| RECONCILIATION OFNET INCOME/(EXPENDITURE) | TO | NET CASH FLOW FROM | OPERATING | ||||||||
| ACTIVITIES | |||||||||||
| 31.3.22 | 31.3.21 | ||||||||||
| Net income/(expenditure) for |
the reporting | period | (as per the statement | ||||||||
| offinancial activities) | 714,860 | 472,085 | |||||||||
| Adjustments for: |
|||||||||||
| Depreciation charges |
44,455 | 30,008 | |||||||||
| Revaluation ofassets | |||||||||||
| Interest received | (55) | (171) | |||||||||
| Decrease/(increase) | in stocks | 2,975 | 8,106 | ||||||||
| Decrease/(increase) | in debtors | (193,633) | (89,315) | ||||||||
| Decrease/(increase) | in group debtors | 31,087 | |||||||||
| (Decrease)/increase | in creditors | 127,300 | ~89 167 | ||||||||
| Net cash provided | by (used in) operating | activities | 726,989 | 509,878 |
| Land ttc buildings | -2% - 10%on cost (down to residual value) |
|---|---|
| Specialised cycles | -2%on cost |
| Plant k machinery | -20%on cost |
| Fixtures tie office equipment |
- 15%-33%on cost |
| Motor vehicles | -20%on cost |
| Computer equipment |
-20%on cost |
| 2. | DONATIONS AND LE |
GACIES | ||
|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||
| Grants | 87,790 | 326,323 | ||
| Grants received, included | in the above, are as follows: | |||
| 31.3.22 | 31.3.21 | |||
| Welsh Government | 62,500 | 62,500 | ||
| Furlough payments |
25,290 | 211,573 | ||
| Economic resilience | 52,250 | |||
| 3. | INCOME FROM CHARITABLE ACTIVITIES | |||
| 31.3.22 | 31.3.21 | |||
| Activity | 6 | |||
| Income from charitable | activities | 1,071,109 | 859,113 | |
| Other trading income |
321,250 | 167,760 | ||
| 1,392,359 | ~1026,873 |
| 31.3.22 | 31.3.21 | |
|---|---|---|
| Summary Income and Expenditure |
||
| Account: | ||
| Incoming resources | 964,274 | 1,071,663 |
| Intra group transactions | ||
| Total incoming resources |
964,273 | 1,071,663 |
| Resources expended Intra group transactions |
(813,760) ~28 |
(749,201) 80560 |
| Total resources expended | (720,762) | (668,641) |
| Surplus for the financial year | 243,512 | 403,022 |
| Summary Balance Sheet: |
||
| Total assets | 704,591 | 594,167 |
| Total liabilities | ~ll | 158078 |
| Net assets | 586,603 | 436,089 |
| Restricted funds carried forward | 483,855 | 348,470 |
| Unrestricted funds carried forward |
102,748 | 87,619 |
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Summary Income and |
|||||
| Expenditure Account: |
|||||
| Incoming resources |
896,805 | 248,215 | |||
| Intra group transactions | |||||
| Total incoming resources |
896805 | ~248 215 | |||
| Resources expended | (234,627) | (215,801) | |||
| Intra group transactions Total resources expended |
180646 ~53981 |
177142 ~6 |
|||
| Surplus for the financial year | 842,824 | 209,556 | |||
| Summary Balance Sheet: |
|||||
| Total assets Total liabilities |
1337,150 ~84690 |
666,330 ~10 |
|||
| Net assets | ~152460 | 487264 | |||
| Restricted funds caned forward | 932,768 | 294,183 | |||
| Unrestricted funds carried forward |
216,674 | 193,081 | |||
| CHARITABLE ACTIVITIES COSTS | |||||
| Direct cost of | |||||
| Expenditure on projects comprised: |
activities | Support costs | Total 2022 | Total 2021 | |
| 8 | |||||
| Staff dt overheads Project costs |
1,038,027 376335 |
437,263 | 1,475,290 376335 |
1,294,641 ~I909 |
|
| 1,414362 | 437263 | 1,351,625 | 1,493,7311 |
| DIRECT COSTS OF C | HARITABLE ACTIVITIES | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Staffk overhead costs |
1,475,290 | 1,294,641 | |
| Project costs | 376,335 | 199,097 | |
| 1,851,625 | 1,493738 | ||
| NKT INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | ||
| 31.3.22 | 31.3.21 | ||
| Depreciation -owned assets |
44,455 | 30,008 | |
| Auditors' remuneration |
7,450 | 9,025 | |
| Operating leases |
56,890 | ~60 585 |
| STAFF COSTS | ||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| Wages and salaries | 1,112,011 | 992,348 |
| Social security costs | 93,372 | 78,028 |
| Other pension costs | 55,345 | 51281 |
| 1~260728 | 1~121.657 |
| The average | monthly nmnber ofemployees during the year wa |
s as follows: | |
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Direct charitable | 34 | 26 | |
| Fundraising | and publicity | 4 | 3 |
| Governance | 4 | 2 | |
| Wild Ground | office and management | 6 | 6 |
| Refurbs Flintshire | 31 | 28 | |
| 65 |
| Plant, fixtures | ||||||
|---|---|---|---|---|---|---|
| Land & | Specialised | k, computer | ||||
| buildings | cycles | equipment | Motor | Totals | ||
| vehicles | ||||||
| COST | ||||||
| At 1stApril | 2021 | 368,703 | 51,620 | 415,441 | 91,736 | 927,500 |
| Additions | 129,631 | 22,708 | 23,875 | 176,214 | ||
| Disposals | (773) | (773) | ||||
| Revaluation | ||||||
| At 31stMarch 2022 | ~497561 | 51,620 | 438,149 | 115,611 | 1,102,941 | |
| DEPRECIATION | ||||||
| At 1stApril | 2021 | 52,912 | 4,597 | 344,092 | 69,020 | 470,621 |
| Charge for | year | 8,116 | 1,032 | 22,688 | 12,619 | 44,455 |
| Eliminated | on disposal | |||||
| At 31stMarch 2022 | ~61028 | 5,629 | 366,773 | ~81639 | ~515 069 | |
| NET BOOKVALUE | ||||||
| At 31stMarch 2022 | 436,533 | 45,991 | 71 376 | ~33 972 | 587 872 | |
| At 31stMarch 2021 | 315,791 | 47 023 | 71,356 | ~22 716 | 456,879 |
| Fixtures di. |
||||||
|---|---|---|---|---|---|---|
| Land & | Specialised | office | ||||
| buildings | cycles | equipment | Motor | Totals | ||
| vehicles | ||||||
| 8 | ||||||
| COST | ||||||
| At 1stApril | 2021 | 71,567 | 51,620 | 242,617 | 63,055 | 428,859 |
| Additions | 10,943 | 10,943 | ||||
| Disposals | ||||||
| Revaluation | ||||||
| At 31stMarch 2022 | 71,567 | 51,620 | 253,560 | 63,055 | 439.802 | |
| DEPRECIATION | ||||||
| At 1stApril | 2021 | 50,482 | 4,597 | 225,031 | 56,283 | 336,393 |
| Charge for | year | 656 | 1,032 | 7,451 | 4,381 | 13,520 |
| Elimination | on disposal | |||||
| At 31stMarch 2022 | 51,138 | 5,629 | 232.482 | 60,664 | 349.913 | |
| NET BOOKVALUE | ||||||
| At 31stMarch 2022 | ~20 429 | ~45 991 | 21,078 | 2391 | ~89 889 | |
| At 31stMarch 2021 | 21,085 | ~47 023 | 17586 | 6,772 | 92,466 |
| Sites of | |||
|---|---|---|---|
| specific | Totals | ||
| scientific | |||
| interest | |||
| COST | |||
| At 1stApril | 2021 | 219,794 | 219,794 |
| Additions | 85,250 | 85,250 | |
| Disposals | |||
| At 31stMarch 2022 | 219,794 | 219,794 | |
| DEPRECIATION | |||
| At 1stApril | 2021 | ||
| Charge for | year | ||
| Eliminated | on disposal | ||
| At 31stMarch 2022 | |||
| NET BOOKVALUE | |||
| At 31stMarch 2022 | ~305044 | 305,044 | |
| At 31stMarch 2021 | ~219794 | 219,794 |
| 13. | STOCKS —GROUP | STOCKS —GROUP | STOCKS —GROUP | STOCKS —GROUP | ||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| 8 | ||||||
| Stocks | 44 626 | 42,838 | ||||
| STOCKS —CHARITY | ||||||
| 31.3.22 | 31.3.21 | |||||
| Stocks | 16,255 | 18,498 | ||||
| 14. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR- GROUP | ||||
| 31.3.22 | 31.3.21 | |||||
| Trade debtors | 325,330 | 227,975 | ||||
| VAT | 39,428 | |||||
| Other debtors | 2,625 | 2,625 | ||||
| Prepayments | & | accrued income | ~72 285 | 14,305 | ||
| 400,240 | ~284333 | |||||
| DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR- CHARITY | |||||
| 31.3.22 | 31.3.21 | |||||
| Trade debtors | 329,493 | 129,708 | ||||
| Prepayments | & | accrued income | 15,781 | 12,160 | ||
| 345,274 | 141,868 | |||||
| 15. | CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR —GROUP | ||||
| 31.3.22 | 31.3.21 | |||||
| Trade creditors | 80,195 | 152,270 | ||||
| Social security | and other taxes | 28,379 | 26,004 | |||
| VAT | 27,840 | 18,574 | ||||
| Accruals &deferred income | 236,353 | 71,652 | ||||
| 372,767 | 268 500 | |||||
| CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR —CHARITY | |||||
| 31.3.22 | 31.3.21 | |||||
| Trade creditors | 30,459 | 20,936 | ||||
| Social security | and other taxes | 21,852 | 19,437 | |||
| VAT | 13,926 | 18,574 | ||||
| Accruals &deferred income | 222,980 | 35,672 | ||||
| Inter-company | loans | 78 321 | 78 321 | |||
| 367,538 | 172940 |
| 31.3.22 | 31.3.21 | ||||||
|---|---|---|---|---|---|---|---|
| Balance | as at 1stApril 2021 | (20,500) | |||||
| Amount | released to income | ||||||
| Amount | deferred in the | year | 190,050 | 20 500 | |||
| 169,550 | ~20 500 | ||||||
| 16. | OPERATING LEASE COMMITMENTS —GROUP | ||||||
| The following operating |
lease payments | are committed | to be paid within one year: | ||||
| 31.3.22 | 31.3.21 | ||||||
| Expiring: | |||||||
| Within one year | 6,938 | 7,571 | |||||
| Between | one and five years | 2,882 | 7,926 | ||||
| 9,820 | 15,497 | ||||||
| OPERATING LEASECOMMITMENTS- CHARITY | |||||||
| The following operating |
lease payments | are committed | to be paid within one year: | ||||
| 31.3.22 | 31.3.21 | ||||||
| Expiring: | |||||||
| Within one year | 6,938 | 7,571 | |||||
| Between | one and five years | 2,882 | 7,926 | ||||
| 9,820 | ~15 497 |
| Net movement | ||||||
|---|---|---|---|---|---|---|
| At 1.4.21 | in funds | At 31.3.22 | ||||
| 6 | ||||||
| Unrestricted funds |
||||||
| General fund | 399,692 | 44,673 | 444,365 | |||
| Restricted funds | ||||||
| Wild Ground | 294,183 | 638,585 | 932,768 | |||
| Refwbs Flintshire | 348,470 | 135,385 | 483,855 | |||
| Children in Need (Main Grant) |
13,582 | (13,582) | ||||
| Create your Space | 43,438 | (7,957) | 35,481 | |||
| Landfill Tax —Plus Power | 8,784 | (8,784) | ||||
| 5 WAYS —Outdoor Wellbeing | CAMHS | 1,378 | (1,378) | |||
| Flintshire Families First |
6,100 | (3,693) | 2,407 | |||
| Toyota —Year 3 | 6,674 | (6,674) | ||||
| Coastal Education Project | 10,228 | (10,228) | ||||
| Youth Shed | 9,069 | (9,069) | ||||
| Cominunity Cohesion Fund |
2,980 | (2,980) | ||||
| Legacy —Steps to Progression | 37,617 | (37,617) | ||||
| Green Clywedog Valley Partnership |
for Nature | 9,228 | (9,228) | |||
| Early years transformation | grant | 2,245 | (2,245) | |||
| Energy redress crises fund —round 2 | 21,383 | (21,383) | ||||
| Moondance / Pare adfer |
10,000 | (10,000) | ||||
| Landfill Connah's Quay |
11,422 | (11,422) | ||||
| Nationwide Fainily Project |
42,&59 | 42,859 | ||||
| Miners Brilliant Basics | 9598 | 9598 | ||||
| Restricted funds | f336@ | ~71 6 | I 506968 | |||
| TOTALFUNDS | (~336 473 | 714,860 | 1~951,333 |
| MOVEMENT IN | FUNDS | —CHARITY | —CHARITY | —CHARITY | ||||
|---|---|---|---|---|---|---|---|---|
| Net | moveinent | |||||||
| At 1.4.21 | in funds | At 31.3.22 | ||||||
| Unrestricted funds |
||||||||
| General fund | 118,991 | 5,591 | 124,943 | |||||
| Restricted funds | ||||||||
| Children in Need (Main Grant) |
13,582 | (13,582) | ||||||
| Create your Space | 43,438 | (7,957) | 35,481 | |||||
| Landfill Tax —Piss |
Power | 8,784 | (8,784) | |||||
| 5 WAYS —Outdoor Wegbeing CAMHS | 1,378 | (1,378) | ||||||
| Flintshire Families |
First | 6,100 | (3,692) | 2,408 | ||||
| Toyota —Year 3 | 6,674 | (6,674) | ||||||
| Coastal Education | Project | 10,228 | (10,2228) | |||||
| Youth Shed | 9,069 | (9,069) | ||||||
| Community Cohesion Fund |
2,980 | (2,980) | ||||||
| Legacy —Steps to Progression | 37,617 | (37,617) | ||||||
| Green Clywedog Valley Partnership |
for Nature | 9,228 | (9,228) | |||||
| Early years transformation | grant | 2,245 | (2,245) | |||||
| Energy redress crises fund —round 2 | 21,383 | (21,383) | ||||||
| Moondance / Pare |
adfer | 10,000 | (10,000) | |||||
| Landfill Connah's | Quay | 11,421 | (11,421) | |||||
| Nationwide Family |
Project | 42,858 | 42,858 | |||||
| 9598 | 9 | 598 | ||||||
| Restricted funds | 194 127 | 106782 | 90 | 345 | ||||
| TOTALFUNDS | 313,120 | ~97,832) | 215,288 | |||||
| All carried forward | funds have been | agreed as carryover | and be spent in 2022-23 | |||||
| NET MOVEMENT IN FUNDS | —GROUP | |||||||
| Net movement in funds, included |
in the above are as follows: | |||||||
| Incoming | Resowces | Movement | in | |||||
| resources | expended | funds | ||||||
| Unrestricted funds |
||||||||
| General fund | 1,635,286 | (1,590,613) | 44,673 | |||||
| Restricted funds | ||||||||
| Restricted fund | 1,705,942 | (1,035,755) | 670,187 | |||||
| TOTALFUNDS | ~341228 | ~2208038 | 114060 |
| NET MOVEMENT IN FUNDS | NET MOVEMENT IN FUNDS | —CHARITY | |||||
|---|---|---|---|---|---|---|---|
| Net movement in funds, included |
in the above are as follows: | ||||||
| Incoming | Resources | Movement in |
|||||
| resources | expended | funds | |||||
| Unrestricted funds |
|||||||
| General fund | 755,453 | (749,502) | 5,951 | ||||
| Restricted funds | |||||||
| Restricted fund | 724,969 | (828,479) | (103,783) | ||||
| TOTAL FUNDS | 1,480,149 | ~1,577,981) | ~97,832) | ||||
| 18. | CAPITAL COMMITMENTS —GROUP &CHARITY | ||||||
| 31.3.22 | 31.3.21 | ||||||
| Contracted but not pmvided |
for in the financial | statements |