2022-03-31-accounts - Groundwork Caerphilly

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Groundwork Caerphilly ANNUAL REPORT AND FINANCIAL sfATEMENTS 2021122

Company numBer	02501192	Note	2022	2022 8	2021 8	2021 c
Fixed assets
Intangible assets Tangible assets Investments		9 10 11		2,678 186,389 100		4,076 155,749 100
				189,167		159,925
Current assets
Stock			11,090		8,717
Debtors		12	14,103		55,008
Cash at bank			292,868		254,603
			3181161		318,328
Creditors: amounts	falling due
within one year		13	(201,853)		(243,482)
Net current assets				116,208		74,846
Net assets				305,375		234,771
Reserves
Unresb icted funds:
General Funds		16		33,508		18,314
Designated funds		16		82,800		65.000
Restricted funds		16		189,067		151,457
				305275		234,771

					Note	2021/22	2020/21
						E	f
Cash flow from operating activities
Net cash	provided by operating activities				18	33,598	185,991
Cash flows from investing activities
Dividends,	interest and rents from investments						5
Purchase Proceeds	ofproperty, plant and equipment from disposal offixed assets					4,667	(838)
Net cash	provided by investment activities					4,667	(833)
Change in cash and cash equivalents in the		reporting	pedod			38,265	185,158
Cash and	cash equivalents at the beginning	ofthe reporting		period		254,603	69,445
Cash and	cash equivalents atthe end ofthe	reporting	pedod			292,868	254,603

orvaluation less any re basis:-	sidual value iswdtte
Computers	33.339'on cost
Office equipment	2096 on cost
Plant and machinery	20%on cost
Buildings	2.5X on cost
Land	096on cost

ncoming	reso	urces from ch	aritable activities pro	vided by:
			2022	2022	2022	2021
			Unrestricted	Restricted	Total	Total
			E	E	E	E
Grants			22,139	8,229	30,368	138.552
Environment		Centre	35,790		35,790	20,193
Furniture	revival		204,264		204.264	71,959
			262,193	8,229	270,422	230.704

		2022	2021
		Total	Total
Direct costs
Staff costs		141,101	139,726
Volunteer costs		713	1,159
Material &direct purchases		49,730	20,942
Subcontractors	&consultancy		66
Project travel and transport		12,779	9,237
Project publicity		702
Depreciation		7,020	1",134
		212,045	182,264
		2022	2021
		Total	Total
			E
Support costs
Premises expenses		13,544	24,247
Depreciation/Amortisation		10,289	1,277
Motor Travel and expenses		15,434	6,924
Communications	&IT	1,329	457
Administration	&sundry	1,660	7,474
Staff costs		28,428	18,099
Governance		7,004	4,150
		77,688	62,628
Analysed between:		2022	2021
			E
Unrestricted		262,183	127,364
Restricted		27,550	117,528
		289,733	244,892

et incoming	resources
			2022	2021
			E
Net incoming	resources for the year is stated after charging:
Auditor's remuneration:
Audit			3,348	4,150
Depreciation	ofowned fixed assets		15,996	11,013
Amortisation	of intangible	assets	1,398	1,398

	Plant and	Motor	Freehold	Total
	machinery	vehicles	Land gi
			Buildings
			e
Cost or Valuation
At 1Apdl 2021	18,736	26,023	150,000	194,759
Additions		56,931		56,931
Disposals	(18,106)	(12,873)		(30,979)
At 31March 2022	630	70,081	150,000	220,711
Depreciation
At 1April 2021	9,045	11,215	18,750	39,010
Charged for the year	3,833	10,288	1,875	15,996
Disposals	(12,852)	(7,832)		(20,684)
At 31March 2022	26	13,671	20,625	34,322
Net book value
At 31March 2022	604	56,410	129,375	186,389
At31March 2021	9,691	14,808	131,250	155,749

Debtors
			2022 E	2021f
Trade debtors			9,701	43,649
Prepayments		and Accrued Income	4,402	8,512
Other debtors				2,847
			14,103	55,008
Creditors
			2022f	2021f
Trade Creditors			5,048	2,395
Amount Accruals	due to group entities 6Deferred Income		164,697 30,524	217,269 22,806
VAT			1,584	1,012
			201.,853	243,482

Income	Transferred from	Net	incoming
Received f	deferred income f		resources f

		Unrestricted	Restricted	Total
		funds	funds
		E	E
Intangible	g.Tangible
fixed assets			189,067	189,067
Investments		100		100
Net current assets		116,208		116,208
		116,308	189,067	305,375
Analysis ofnet assets at31March 2021
		Unrestricted	Restricted	Total
		funds	funds	E
		E	E
Intangible 6Tangible
fixed assets		9,144	150,681	159,825
Investments		100		100
Net current assets		74,070	776	74,846
		83,314	151,457	234,771

				2022 E	2021f
Net income for the	reporting	period (as per the SOFA)		70,604	42,375
Adjusted for,
Dividends, interest	and rents from investments				(5)
Depreciation charge				17,394	12,411
Gifted non-cash donations				(56,931)
Loss from sale offixed assets				5,628
{Increase)/decrease	in stocks			(2,373)	(1,014)
(Increase)/decrease	in debtors			40,905	(27,720)
Increase/(decrease)	in creditors			(41,629)	159,944
Net cash provided	by operating		activities	33,598	185,991
				2022	2021
				8	E
Cash in hand				292,870	254,601
Total cash and cash	equivalents			292,870	254,601

Appointed trustees	First appointed	Retired/resigned	Retired/resigned
Councillor C Mann	18July 2012
Mr P Fiander	17September 2019
Mr J Greenidge	17September 2019
Mr D Havard	17September 2019	27 May 2022
Ms KHeenan-Davies	17September 2109	11November	2022
Ms N Rees	17September 2019