Groundwork Caerphilly
ANNUAL REPORT AND FINANCIAL sfATEMENTS 2021122

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||||2022|2022|2022|2021|
|---|---|---|---|---|---|---|
|||Note|Unrestricted|Restricted|Total|Total|
||||funds<br>8|funds f|||
|Income From:|||||||
|Donations|||32,000|56,931|88,931|37,267|
|Charitable<br>activities||3|262,193|8,229|270,422|230,704|
|Other trading|activities|4|984||984|19,291|
|Investments||2||||5|
|TOTAL|||295,177|65,160|360,337|287,267|
|Expenditure<br>on:|||||||
|Charitable activities||5|262,183|27,550|289,733|244,892|
|TOTAL|||262,183|27,550|289,733|244,892|
|Net movement|in funds|8|32,994|37,610|70,604|42,375|
|Reconciliation|offunds||||||
|Fund balances|brought forward|16|83,314|151,457|234.771|192,396|
|Fund balances|carried forward|15,16|116,308|189,067|305,375|234,771|





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|Company numBer|02501192|Note|2022|2022<br>8|2021<br>8|2021<br>c|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Intangible<br>assets<br>Tangible assets<br>Investments||9<br>10<br>11||2,678<br>186,389<br>100||4,076<br>155,749<br>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<br>Funds||16||33,508||18,314|
|Designated<br>funds||16||82,800||65.000|
|Restricted funds||16||189,067||151,457|
|||||305275||234,771|





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





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|orvaluation<br>less any re<br>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|



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|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|



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|||2022|2022|2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||E|E|E|F|
|Other|income|984||984|19,291|
|||984||984|19,291|





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|||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<br>between:||2022|2021|
||||E|
|Unrestricted||262,183|127,364|
|Restricted||27,550|117,528|
|||289,733|244,892|





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|||2022|2021|
|---|---|---|---|
|Direct chadtable||10||
|||10||
|he aggregated|cost ofthese persons|was as follows.||
|||2022|2021|
|Wages and salaries||158,661|148,501|
|Social security|costs|6,099|5,223|
|Pension costs|(see note 20)|4,770|4,100|
|||169,530|157,824|



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





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|Cost||
|---|---|
|At 1April 2021|6,988|
|At 31March 2022|6,988|
|Amortisation||
|At 1April 2021|2,912|
|Additions|1,398|
|At 31March 2022|4,310|
|Net book value||
|At31March 2022|2,678|
|At 31March 2021|4,076|



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||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|





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|Debtors|||||
|---|---|---|---|---|
||||2022<br>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<br>Accruals|due to group entities<br> 6Deferred Income||164,697<br>30,524|217,269<br>22,806|
|VAT|||1,584|1,012|
||||201.,853|243,482|




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|o the 2021/21|financial yea|r.||
|---|---|---|---|
|Balance at|Transferred|from|Balance at|
|1April 2021|deferredincome||31March 2022|
|E||E|E|



|Income|Transferred<br>from|Net|incoming|
|---|---|---|---|
|Received<br>f|deferred<br>income<br>f||resources<br>f|





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|||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|





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|tatement offunds||||
|---|---|---|---|
|Unrestricted<br>funds||||
||Designated|General||
||fund|fund|Total|
|||E|E|
|At 1April 2021|65,000|18,314|83,314|
|Incoming resources||295,177|295.177|
|Resources expended|(14,200)|(247,983)|(262,183)|
|Transfers|32,000|(32,000)||
|At31March 2022|82,800|33,508|116,308|
|At 1ApIij 2020|30,000|3,040|33,040|
|Incoming resources||177,638|177,638|
|Resources expended||(127,364)|(127.364)|
|Transfers|35,000|(35,000)||
|At31March 2021|65,000|18,314|83,314|



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|||Balance at||||Balance at|
|---|---|---|---|---|---|---|
|||1April|Incoming|Resources||31March|
|||2021|resourcesf|expended|Transfers<br>E|2022<br>f|
|Building|||||||
|maintenance|costs|65,000||(14.200)|32,000|82,800|
|At31March|2022|65,000||(14,200)|32,000|82,800|
|||Balance at||||Balance at|
|||1April|Incoming|Resources||31March|
|||2020|resources|expended|Transfers|2021|
||||||E|E|
|Building maintenance|||||||
|costs||30,000|||35,000|65,000|
|At31March|2021|30,000|||35,000|65,000|





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|||Balance at|Incoming|Resources|Balance at|
|---|---|---|---|---|---|
|||1April 2021|resources|expended|31March 2022|
|||E|E|E||
|Ty Mynyddislwyn||||||
|Environment||||||
|Centre||131,250||(1,875)|129,375|
|Garfield Weston||18,859||(9,828)|9,031|
|Windpower||||||
|Community|Fund|572||(200)|372|
|Job Retention||||||
|Scheme|||8,229|(8,229)||
|GrantScape||776||(776)||
|Circular Economy||||||
|Fund|||56,931|(6,642)|50,289|
|At 31March|2022|151,457|65,160|(27,550)|189.067|



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|Previous Year|Previous Year|||||
|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Balance at|
|||1April 2020|resources|expended|31March 2021|
|||E|E|E||
|Ty Mynyddislwyn||||||
|Environment||||||
|Centre||133,125||(1,875)|131,250|
|Garfield Weston||25,459||(6,600)|18,859|
|Windpower||||||
|Community|Fund|772||(200)|572|
|Job Retention||||||
|Scheme|||67,724|(67,724)||
|GrantScape|||2,000|(1,224)|776|
|Circular<br>Economy||||||
|Fund|||39,905|(39,905)||
|At31March|2021|159,356|109,629|(117,528)|151,457|





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|||||2022<br>E|2021f|
|---|---|---|---|---|---|
|Net income for the|reporting|period (as per the SOFA)||70,604|42,375|
|Adjusted for,||||||
|Dividends,<br>interest|and rents from investments||||(5)|
|Depreciation<br>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|



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|Appointed<br>trustees|First appointed|Last 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||||