| Page | |||
|---|---|---|---|
| Report ofthe Trustees | I to 12 | ||
| Report ofthe Independent | Auditors | 13to 15 | |
| Statement ofFinancial | Activities | 16 | |
| Balance Sheet | 17to 18 | ||
| Consolidated Cash Flow |
Statement | 19 | |
| Notes to the Financial | Statements | 20to32 |
| The principal sources offunding | were as follows: |
|---|---|
| Retail Sales | f184,681 |
| Welsh Government | $127,473 |
| Public Sector Bodies | $583,563 |
| Charitable Trusts |
6447,399 |
| Private Sector | 6676,739 |
| National Lottery |
$35,723 |
| Local Authority | 6446,158 |
| Housing Association | f63,881 |
| 31.3.23 | 31.3.22 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | Total funds | |||
| fund | fund | |||||
| ND866 | 6 | |||||
| INCOME AND ENDOWMENTS FROM Donations snd legacies |
124,014 | 124,014 | 87,790 | |||
| Charitable activities Income from charitable Other trading income Interest |
activities | 358,921 722,563 1,987 |
355,066 | 713,987 722,563 1,987 |
1,071,109 321,250 |
|
| Other trading activities Subsidiary incotne |
4 | ~875 773 | 127,293 | ~1003066 | 1,861,079 | |
| Total | 2,083,258 | 482,359 | 2465,617 | 3,341,228 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
5/6 | |||||
| Salaries &wages Overhead costs |
1,050,280 198,875 |
161,064 47,893 |
1,211,344 246,768 |
1,222,849 252,441 |
||
| Project costs | 265,902 | 123,986 | 389,888 | 376,335 | ||
| Subsidiary expenditure |
4 | 585 569 | 244768 | 838,337 | 774743 | |
| Total | 2,100,626 | 577,711 | 2,678337 | 2,626,368 | ||
| NET INCOME/(EXPENDITURE) | (17,368) | (95,352) | (112,720) | 714,860 | ||
| Net movement in funds |
(17,368) | (95,352) | (112,720) | 714,860 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 444,365 | 1,506,968 | 1,951,333 | 1,236,473 | |
| TOTAL FUNDS CARRIED FORWARD | 426,997 | 1,411,616 | 1,838,613 | ~1951333 |
| AT 31S | TMARCH 2023 | |||||
|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||
| Unrestricted | Restricted | Total funds | Total funds | |||
| fund | fund | |||||
| Notes | 6 | |||||
| FIXEDASSETS Tangible assets Heritage assets |
11 12 |
152,063 | 418,256 305,044 |
570,319 305,044 |
587,873 305,044 |
|
| CURRENT ASSETS Stocks Debtors |
13 14 |
59,991 269,173 |
25,898 | 59,991 295,071 |
44,626 400,240 |
|
| Investments | 553,141 | 553,141 | 600,000 | |||
| Cash at bank and in hand | 477,935 | 109,277 | 587,212 | 489,335 | ||
| 807,099 | 688,316 | 1,495,415 | 1,534,201 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
15 | (446,323) | (-) | (446,323) | (372,767) | |
| NET CURRENT ASSETS | ~360776 | ~688 316 | 1~049092 | 1,161,434 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 512,839 | 1,411,616 | 1,924,455 | 2,054,351 | ||
| Accruals and deferred | income | 15 | (85,842) | (85,842) | (103,018) | |
| NET ASSETS | ~426 997 | 1~411616 | 1~838 613 | 1~951 333 | ||
| FUNDS | 17 | |||||
| Unrestricted funds |
426&997 | 444,365 | ||||
| Restricted funds | 1~411616 | 1~506968 | ||||
| TOTAL FUNDS | 1~838 613 | 1,951,333 |
| GROUNDW | GROUNDW | RKNORTH WALES | RKNORTH WALES | |||
|---|---|---|---|---|---|---|
| C | RITY | BALANC HE |
T | |||
| AT 31STMARCH 2023 | ||||||
| 31.3.23 | 31.3.22 | |||||
| Unrestricted | Restricted | Total funds | Total funds | |||
| fund | fund | |||||
| Notes | ||||||
| FIXEDASSETS Tangible assets |
101,177 | 6,404 | 107,581 | 89,882 | ||
| CURRENT ASSETS Stocks Debtors Cash at bank and in hand |
13 14 |
17,334 200,116 157,167 |
25,898 80,166 |
17,334 226,014 237333 |
16,255 345,274 ~131415 |
|
| 374,617 | 106,064 | 480,681 | 492,944 | |||
| CREDITORS Amounts falling due within one year |
15 | (385,772) | (-) | (385,772) | (367,538) | |
| NET CURRENT ASSETS | ~11,155) | ~106 064 | 94,909 | ~125406 | ||
| TOTAL ASSETSLESS CURRENT | 90,022 | 112,468 | 202,490 | 215,288 | ||
| LIABILITIES | ||||||
| NET ASSETS | ~90 022 | ~112 468 | ~202 490 | 215,288 | ||
| FUNDS Unrestricted funds |
17 | 90,022 | 124,943 | |||
| Restricted funds |
~112468 | 90,345 | ||||
| TOTALFUNDS | 202,490 | 215,288 |
| GR UNDWORKNORT | GR UNDWORKNORT | GR UNDWORKNORT | GR UNDWORKNORT | W' | ES | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| C SOLIDATED FOR AR |
ASH PL W S IT |
ATE R |
N 22 |
|||||||
| 31.3.23 | 31.3.22 | |||||||||
| Notes | ||||||||||
| Cash flows from operating activities: |
||||||||||
| Cash generated froio operations |
139,266 | 7~26 989 | ||||||||
| Net cash provided by (used in) operating activities |
139,266 | 7~26989 | ||||||||
| Cash flows from investing activities: Purchase oftangible fixed assets |
(41,953) | (176,222) | ||||||||
| Sale oftangible fixed assets | 773 | |||||||||
| Purchase ofinvestinents | (600,000) | |||||||||
| Purchase ofheritage assets | (85,250) | |||||||||
| Interest received | 563 | 55 | ||||||||
| Net cash provided by (used in) investing |
(41,390) | (860,644) | ||||||||
| activities | ||||||||||
| Change in cash and cash equivalents reporting period |
in the | 97,876 | (133,654) | |||||||
| Cash and cash equivalents at the beginning of the reporting period |
489,335 | 622,990 | ||||||||
| Cash and cash equivalents at the end reporting period |
ofthe | 587,211 | 489,335 | |||||||
| RECONCILIATION OFNET INCOME/(EXPENDITURE) | TONET CASH FLOW FROM | OPERATING | ||||||||
| ACTIVITIES | 31.3.23 | 31.3.22 | ||||||||
| 6 | ||||||||||
| Net iacome/(expenditure) for offlinancial activities) |
the reporting | period | (as | per the | statement | (112,720) | 714,860 | |||
| Adjustments for: Depreciation charges |
59,507 | 44,455 | ||||||||
| Revaluation ofassets Interest received Decrease/(increase) in investments Decrease/(increase) in stocks Decrease/(increase) in debtors Decrease/(increase) in group debtors (Decrease)/increase in creditors |
(563) 46,859 (15,365) 189,446 (73,557) ~45 659 |
(55) 2,975 (193,633) 31,087 127,300 |
||||||||
| Net cash provided by (used in) operating |
activities | 139,266 | 7~26 989 |
| Land &buildings | -2%- 10%on cost (down to residual | value) |
|---|---|---|
| Specialised cycles | -2%on cost | |
| Plant &machinery Fixtures &,office equipment |
-20%on cost -15%-33%on cost |
|
| Motor vehicles | -20%on cost | |
| Computer equipment |
-20%on cost |
he trust isacompany limited by guarantee and has no share capital. Th ffice address can be found on the Company Information page. |
he trust isacompany limited by guarantee and has no share capital. Th ffice address can be found on the Company Information page. |
e charity's registered number a |
nd registered |
|---|---|---|---|
| DONATIONS AND LEGACIES |
31.3.23 | 31.3.22 | |
| Donations Grants |
19,014 105,000 |
87,790 | |
| 124,014 | 87,790 | ||
| Grants received, included | in the above, are as follows: | 31.3.23 | 31.3.22 |
| 8 | 8 | ||
| Welsh Government | 105,000 | 62,500 | |
| Furlough payments |
25,290 | ||
| Economic resilience | |||
| INCOME FROM CHARITABLE ACTIVITIES | 31.3.23 | 31.3.22 | |
| Activity | |||
| Income from charitable Other trading income Interest |
activities | 713,987 722,563 1,987 |
1,071,109 321,250 |
| 1,438537 | 1392359 |
| 31.3.23 | 31.3.22 | |
|---|---|---|
| Summary Income and Expenditure |
||
| Account: | ||
| Incoming resources | 763,533 | 964,274 |
| Intra group transactions Total incoming resources |
763,533 | 964474 |
| Resources expended Intra group transactions Total resources expended |
(800,306) 80065 (720441) |
(813,760) 92998 (720,762) |
| Surplus for the tlnancial year | 43,292 | 243,512 |
| Summary Balance Sheet: Total assets |
701,425 | 704,591 |
| Total liabilities | 151595 | 117988 |
| Net assets | 549,830 | 586,603 |
| Restricted funds carried forward | 427 962 | 483 855 |
| Unrestricted funds carried forward |
121 868 | 182 748 |
| 31.3.23 | 31.3.22 | |
|---|---|---|
| Summary Income and |
||
| Expenditure Account: |
||
| Incoming resources | 239,533 | 896,805 |
| Intra group transactions | ||
| Total incoming resources | 2~39 533 | ~896805 |
| Resources expended | (302,682) | (234,627) |
| Intra group transactions | 192586 | 180646 |
| Total resources expended | ~110096 | ~53981 |
| Surplus for the tiaaacial year | 129,437 | 842,824 |
| Summary Balance Sheet: |
||
| Total assets | 1,194463 | 1,337,150 |
| Total liabilities | {1107 | ~18 8 |
| Net assets | 108 | ~1149442 |
| Restricted funds carried forward | 871,186 | 932,768 |
| Unrestricted funds carried forward |
215,107 | 216,674 |
| Direct cost of | |||||
|---|---|---|---|---|---|
| Expenditure | on projects comprised: | activities | Support costs | Total 2023 | Total 2022 |
| 5 | |||||
| Staffs overheads project costs |
748,493 389 888 1,1311.381 |
436,968 436,968 |
1,185,461 389 888 1373349 |
1,475,290 ~37 3 1.831,623 |
| DIRECT COSTSOF C | HARITABLE ACTIVITIES | ||
|---|---|---|---|
| 31.3.23 | 31.3.22 | ||
| 6 | |||
| Staff dt overhead costs Project costs |
1,185,461 ~389 888 |
1,475,290 376,335 |
|
| ~1575 349 | ~1,851625 | ||
| NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | ||
| 31.3.23 | 31.3.22 I |
||
| Depreciation - owned assets Auditors' remuneration Operating leases |
59,507 7,450 76,096 |
44,455 7,450 ~56 890 |
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| Wages Social Other |
and salaries security costs pension costs |
1,081,583 97,699 54,266 |
1,112,011 93,372 55,345 |
| 1~233,548 | 1~260728 |
| The average monthly number ofemployees during the year wa |
s as follows: | |
|---|---|---|
| 31.3.23 | 31.3.22 | |
| Direct charitable | 38 | 34 |
| Fundraising and publicity Governance |
4 4 |
4 4 |
| Wild Ground oflice and management Refurbs Flintshire |
6 25 |
6 31 |
| 77 | 79 |
| Plant, fixtures | |||||
|---|---|---|---|---|---|
| Land /h | Specialised | /tt computer | |||
| buildings | cycles | equipinent | Motor | Totals | |
| vehicles | |||||
| 8 | |||||
| COST At 1stApril 2022 Additions |
497,561 | 51,620 | 438,149 28,985 |
115,611 14,163 |
1,102,941 43,148 |
| Disposals | (14,225) | (14,225) | |||
| Revaluation | |||||
| At 31stMarch 2023 | ~497 561 | 51,620 | 467,134 | 115,549 | 1~131864 |
| DEPRECIATION | |||||
| At 1stApril 2022 Charge for year Eliminated on disposal |
61,028 26,156 |
5,629 1,033 |
366,773 20,382 |
81,638 11,936 ~13030) |
515,068 59,507 ~13030) |
| At 31stMarch 2023 | 87,184 | 6,662 | 387,155 | 80,544 | 561,545 |
| NET BOOKVALUE At 31stMarch 2023 |
~410 37'/ | 44,958 | ~79 979 | ~35 005 | ~570 319 |
| At 31stMarch 2022 | ~436 533 | ~45 991 | 71,376 | ~33 972 | ~587 872 |
| TANGIBLE FIXEDASSET | S —CHARITY | ||||
|---|---|---|---|---|---|
| Fixtures Ec | |||||
| Land dr | Specialised | office | |||
| buildings | cycles | equipment | Motor | Totals | |
| vehicles | |||||
| COST At 1stApril 2022 Additions Disposals |
71,567 | 51,620 | 253,560 28,502 |
63,055 (13,950) |
439,802 28,502 (13,950) |
| Revaluation | |||||
| At 31stMarch 2023 | 71,567 | ~51 620 | 282,062 | ~49 105 | ~454354 |
| DEPRECIATION At 1stApril 2022 Charge for year Elimination on disposal |
51,138 657 |
5,629 1,033 |
232,482 6,729 |
60,664 1,471 ~13030 |
349,913 9,890 ~13030) |
| At 31stMarch 2023 | 51,795 | 6,662 | 239,211 | 49,105 | ~346773 |
| NET BOOKVALUE | |||||
| At 31stMarch 2023 | 19,772 | 44,958 | ~42 851 | - | ~107 81 |
| At 31stMarch 2022 | 20,429 | 45 991 | 21,078 | 2,391 | 89889 |
| Sites of | |||
|---|---|---|---|
| specific | Totals | ||
| scientific | |||
| interest | |||
| COST | |||
| At 1stApril | 2022 | 305,044 | 305,044 |
| Additions | |||
| Disposals | |||
| At 31stMarch 2023 | 305,044 | 305,044 | |
| DEPRECIATION | |||
| At 1stApril | 2022 | ||
| Charge for | year | ||
| Eliminated | on disposal | ||
| At 31stMarch 2023 | |||
| NET BOOKVALUE | |||
| At 31stMarch 2023 | 305,044 | ~305 044 | |
| At 31stMaroh 2022 | ~305 044 | ~305 044 |
| 13. | STOCKS —GROUP | STOCKS —GROUP | 31.3.23 | 31.3.22 | |
|---|---|---|---|---|---|
| 6 | |||||
| Stocks | 59,991 | 44,626 | |||
| STOCKS —CHARITY | 31.3.23 | 31.3.22 | |||
| Stocks | ~17 334 | 16,255 | |||
| 14. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR—GROUP | 31.3.23 | 31.3.22 | ||
| 8 | |||||
| Trade debtors | 181,332 | 325,330 | |||
| VAT Other debtors Prepayrnents & |
accrued income | 2,625 ~ll 1 114 |
2,625 ~72 285 |
||
| ~295 071 | ~400 240 | ||||
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR-CHARITY | 31.3.23 | 31.3.22 | |||
| Trade debtors Prepayments & |
accrued income | 151,593 ~74 421 |
329,493 ~15 781 |
||
| 226,014 | 345,274 | ||||
| 15. | CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR—GROUP | 31.3.23 | 31.3.22 | |
| 6 | |||||
| Trade creditors | 100,889 | 80,195 | |||
| Social security and other taxes VAT |
35,437 34,305 |
28,379 27,840 |
|||
| Accruals &deferred | income | 275,692 | 236,353 | ||
| 446,323 | ~372767 | ||||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR—CHARITY | |||||
| 31.3.23 | 31.3.22 | ||||
| 6 | |||||
| Trade creditors | 63,755 | 30,459 | |||
| Social security VAT |
and other taxes | 30,125 17,840 |
21,852 13,926 |
||
| Accruals &deferred | income | 195,731 | 222,980 | ||
| Inter-company | loans | 78321 ~385 772 |
78 321 ~367 538 |
| accordance with t | he conditions set out in |
the funding ag |
reement. | ||
|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||
| Balance as at 1st | April 2022 | (190,050) | (20,500) | ||
| Amount released Amount deferred |
to income in the year |
176,856 | ~190050 | ||
| 13194 | ~169 550 | ||||
| OPERATING LEASE COMMITMENTS —GROUP | |||||
| The following operating lease payments |
are committed | to be paid within one year: | 31.3.23 | 31.3.22 | |
| Expiring: Within one year Between one and |
five years | 2,882 | 6,938 ~2882 |
||
| 2,882 | 9,820 | ||||
| OPERATING LEASE COMMITMENTS —CHARITY | |||||
| The following operating lease payments |
are committed | to be paid within one year. | |||
| 31.3.23 | 31.3.22 | ||||
| Expiring: Within one year Between one and |
five years | 2,882 | 6,938 ~2882 |
||
| 2,882 | 9.820 |
| MOVEMENT IN FUNDS —GROUP | |||
|---|---|---|---|
| Net movement | |||
| At 1.4.22 | in funds | At 31.3.23 | |
| 8 | 8 | 6 | |
| Unrestricted funds |
|||
| General fund | 444,365 | (17,368) | 426,997 |
| Restricted funds | |||
| Wild Ground Refurbs Flintshire Create your Space Flintshire Families First |
932,768 483,855 35,481 2,407 |
(61,582) (55,893) 12,708 (2,407) |
871,186 427,962 48,189 |
| THRIVE (Third Sector Resilience) Miners Country Park - Landfill Resilience communities |
25,000 17,246 2,714 |
25,000 17,246 2,714 |
|
| Millenium Stadium Charity Resilience fund HLF |
4,746 8,169 |
4,746 8,169 |
|
| Nationwide Family Project Miners Brilliant Basics —Digital Kiosks |
42,859 9598 |
(42,859) ~3194 |
6 404 |
| Restricted funds | I 506968 | 95352 | I 411616 |
| TOTAL FUNDS | 1~951 333 | (I12,720) | 1~838,613 |
| MOVEMENT IN FUNDS —CHARITY | MOVEMENT IN FUNDS —CHARITY | MOVEMENT IN FUNDS —CHARITY | |||
|---|---|---|---|---|---|
| Net | movement | ||||
| At 1.4.22 | in funds | At 31.3.23 | |||
| 8 | 8 | ||||
| Unrestricted funds |
|||||
| General fund | 124,943 | (34,921) | 90,022 | ||
| Restricted funds | |||||
| Create your Space | 35,481 | 12,708 | 48,189 | ||
| Flintshire Families First | 2,408 | (2,408) | |||
| Thrive Third Sector Resilience | 25,000 | 25,000 | |||
| Miners Country Park - Landfill Resilience communities |
17,246 2,714 |
17,246 2,714 |
|||
| Millenium Stadium Charity Resilience fund - HLF |
4,746 8,169 |
4,746 8,169 |
|||
| Nationwide Family Project Brilliant Basics —Digital Kiosks |
42,858 9898 |
(42,858) ~3194 |
6404 | ||
| Restricted funds |
90345 | 22 123 | 112468 | ||
| TOTAL FUNDS | 215288 | ~12,798) | ~202 490 | ||
| All carried forward | funds have been agreed as canyover | and be spent in 2023-24 | |||
| NET MOVEMENT IN FUNDS | —GROUP | ||||
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement in |
|||
| resources | expended | funds | |||
| 8 | |||||
| Unrestricted funds |
|||||
| General fund | 2,083,258 | (2,100,626) | (17,368) | ||
| Restricted funds | |||||
| Restricted fund |
482,359 | (577,711) | (95,352) | ||
| TOTAL FUNDS | ~2,565617 | ~2,678,337) | ~112720) |
| NET MOVEMENT IN FUNDS | —CHARITY | ||||||
|---|---|---|---|---|---|---|---|
| Net inovement in funds, included |
in the above are as follows: | ||||||
| Incoming | Resources | Movement | in | ||||
| resources | expended | funds | |||||
| Unrestricted funds |
|||||||
| General fund | 1,207,485 | (1,242,406) | (34,921) | ||||
| Restricted funds | |||||||
| Restricted fund | 355,066 | (332,943) | 22, | 123 | |||
| TOTALFUNDS | ~1562551 | ~1575349) | ~12,798) | ||||
| 18. | CAPITAL COMMITMENTS —GROUP & | CHARITY | 31.3.23 | 31.3.22 | |||
| Contracted but not provided for in the financial |
statements |