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|Page No.|||
|---|---|---|
|1 —11|Report ofthe Trustees||
|12-15|Independent
Auditor's|Report|
|16|Statement ofFinancial|Activities|
|17|Balance Sheet||
|18|Cash Flow Statement||
|19—31|Notes to the Financial|Statements|
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|FORTHE YEAR ENDED 31~|MARC|H 2022||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
||Note|||2022|2021|
||||f|||
|Income and endowments||||||
|from:||||||
|Donations
and Legacies|3|324,087|112,641|436,728|444,607|
|Covid 19Support|3|92,625|108,015|200,640|791,844|
|Capital Funds|3|42,011|95,000|137,011||
|Charitable
Activities|4|442,666||442,666|375,571|
|Retail and Other Trading Activities|5|411@03||411/03|125,994|
|Investment
Income|6|1,719||1,719|7,455|
|Other Income||1,071||1,071|721|
|Total Income||1415,482|315,656|1,631,138|1,746,191|
|Expenditure on:||||||
|Raising
Funds||||||
|Retail||272,525|7,618|280,143|273,680|
|Other
fundraising||146755|67 798|214553|165048|
|||419,280|75,416|494,696|438,728|
|Charitable Activities—||||||
|Therapy Provision||790,171|235,398|1,025/69|767,405|
|Administration
and Other Costs||211,800|3,408|215/08|177,577|
|Total Expenditure||1,421/51|314/22|1,735,473|1,383,710|
|Net Income/(Expenditure)||(105,769)|1,434|(104/35)|362,841|
|Transfers Between Funds||||||
|Net movement
in funds||(105,769)|1,434|(104/35)|362,841|
|Total Funds at 1"April 2021||1,955,472|1,826,943|3,782,415|3,419,934|
|Total Funds at31"March 2022||1,849,703|1,828/77|3,678,080|3,782,415|
||||Note|2022|2021|
|---|---|---|---|---|---|
|Fixed Assets||||||
|Tangible Assets|||10|2465,724|2,318,535|
|Current Assets||||||
|Stock ofpromotional||items||8,753|3,333|
|Debtors and prepayments||||116,467|92,774|
|Cash at bank and in|hand|||1/44,452|1,805,325|
|||||1/69,672|1,901,431|
|Current Liabilities||||||
|Creditors:
Amounts||||||
|falling due within one||year|12|(257416)|(437,551)|
|Net Current
Assets||||1,112456|1,463,880|
|Net assets||||3,678,080|3,782,415|
|Funds ofthe Charity||||||
|Restricted Funds -|Building||13|1,751,655|1,687,832|
|-|Other||13|76,722|139,111|
|||||1,828@77|1,826,943|
|Unrestricted
Funds||||||
|Contingency
Fund|||14|30D,ODO|300,000|
|Legacy Fund|||14|17,976|41,976|
|Charity Development||Fund|14|987,895|1,106,406|
|Revenue Reserves||||543,832|507,090|
|Total Unrestricted|Funds|||1,849,703|1,955,472|
|||||3,678,080|3,782,415|
||Note|Note||2022|2021|
|---|---|---|---|---|---|
|Cash generated
from / (used in)|operating|||||
|activities||19||(214,698)|561,915|
|Cash flows from investing
activities||||||
|Investment
income — Interest receivable|||1,719||7,455|
|Purchase oftangible fixed assets|||(347,894)||(647,503)|
|Sale proceeds oftangible fixed assets|||||400,222|
|||||(346,175)|(239,826)|
|Increase / (decrease) in cash and|cash equivalents|in the|year|(560,873)|322,089|
|Cash and cash equivalents
at the beginning ofthe year||||1,805425|1,483,236|
|Total cash and cash equivalents|at the end ofthe year|||1/44,452|1,805,325|
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|Freehold|Buildings|50years|
|---|---|---|
|Fixtures|and Equipment|10years|
|ITEquipment||3 years|
|Therapy|Equipment|5 years|
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|3.|INCOME FROM DONATIONS|INCOME FROM DONATIONS|AND LEGACIES|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f,||
||Donations
and Legacies|||||
||Legacies||||20,000|
||Moondance
Foundation|||50,000|30,000|
||Hodge Foundation|||31,711|23,048|
||Slater and Gordon|||36,000|36,000|
||Mowgli Street Food|||12,158|2,901|
||Merthyr
South Wales||||50,000|
||Garfield Weston Foundation|||5,000|25,000|
||Admiral||||25,000|
||CF in Wales||||20,000|
||Waterloo Foundation|||10,000|10,000|
||Lottery Community|Fund||41,509|33/07|
||Other Trusts and Corporate|||87@71|50,160|
||Other Private Donations|||162,979|119/90|
||Covid 19Support|||||
||Local Authority
Grants|||12,000|146385|
||CJRS Grant|||8,143|333,778|
||Welsh Government|||15,000|25,000|
||CF in Wales||||15,000|
||Lottery Community|Fund||16,084|24,906|
||Global Community||||20,000|
||Moondance
Foundation|||41,398|43,875|
||WCVA VSEF||||99,938|
||WCVA TSRF||||56/50|
||WCVA VSRF|||43,335|22,601|
||WCVA TSRF2|||64,680|4/12|
||Capital Funds|||||
||Garfiekl Weston|||75,000||
||Giamorgan
GVS|||10,000||
||Lottery Award|||10,000||
||Slater and Gordon|||20,000||
||Hugh James|||10,000||
||Other Donations|||12,011||
|||||774,379|1/36,451|
|4.|INCOME FROM|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES|||
|---|---|---|---|---|---|---|
||Local Health Authorities||||341,419|300/86|
||Therapy Course||||66,025|7,912|
||Challenges||||7,458|24,173|
||Other Fundraising|Events and Activities|||27,764|43,199|
||||||442,666|375,571|
||Local Health Authority||income related|to the provision oftherapy|sessions.||
|5.|RETAIL AND OTHER||TRADING ACTIVITIES||||
||||||2022|2021|
||Retail Shop Sales||||334,346|118,447|
||Retail Online Sales||||11,251|144|
||Retail Rag||||20,368|5,778|
||Reatil Gift Aid||||42,119||
||Other||||3,219|1,625|
||||||411,303|125,994|
|6.|INVESTMENT INCOME||||||
||||||2022|2020|
||Bank Deposit Interest||||1,719|7.455|
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|XPENDITURE|ON CHARI|TABLE ACT|IVITIES||||
|---|---|---|---|---|---|---|
|||Fundrais ing|Charitable|Adminis tration|Total|Total|
|||and Retail|Activities|and Other|2022|2021|
|Staff Costs (Note 8)||295,462|799,963|159,075|1,254,500|1/39,748|
|Establishment||13,507|47,275|6,754|67,536|26,252|
|Direct Costs||34,884|21,756||56,640|6,055|
|Professional
Fees|||35,870||35,870|30,688|
|Auditor's
Remuneration|||9,000||9,000|9,000|
|Other Amounts|Paid to Auditor:||||||
|Payroll Services|||1,530||1,530|],830|
|Stationery,
Telephone &IT||13,929|34,868|10,887|59,684|42/22|
|Training|||9,234||9,234|4,574|
|Travel and Accommodation|||14,757||14,757|11,127|
|Retail||110,805|||110,805|113,058|
|Other costs||3,658|11,553||15,211|11/45|
|Depreciation||21,846|39,763|38,492|100,101|46,832|
|Loss/(Gain) on:|||||||
|Tang'ble Fixed Assets||605|||605|5,732|
|19Park Road||||||(164,753|
|||494,696|1,025,569|215,208|1,735,473|1,383,710|
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|The costof|employing|staff was:|||
|---|---|---|---|---|
||||2022|2021|
|Wages and|Sahries||1,062,046|1,034,943|
|Social Security Costs|||95/15|86,902|
|Pension Costs|||97,239|88,059|
|Redundancy|Costs|||29,845|
||||1,254,500|1/39,749|
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|The|average weekly|number ofemployees|during the|year was:||
|---|---|---|---|---|---|
|||||2022|2021|
||Fundraising|and Publicity (Inc. Retail)||17|23|
||Management|and Administration||8|4|
||Therapy|||15|19|
|||||40|46|
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|||Freehold|Fixtures &|Therapy|Therapy|IT||
|---|---|---|---|---|---|---|---|
|||Pro e|E ui ment|E|ui ment|E ui ment|Total|
|Cost||||||||
|At 01/04/21|2,202,551||175,999||97,852|112,809|2,589,211|
|Additions||278,205|19,475||1,778|48,436|347,894|
|Disposals|||24,999|||2,727|27 727|
|At 31/03/22|2,480,756||170,475||99630|158,518|2,909@79|
|~De 'n||||||||
|At 01/04/21|||139,810||78,460|52,406|270,676|
|Charge for||||||||
|Year||42,313|16,174||4,770|37,844|101,101|
|Other|||(1,000)||||(1,000)|
|Disposals|||24,394|||2 727|27,121|
|At 31/03/22||42/13|130,590||83430|87+23|343,655|
|NBV||||||||
|At 31/03/22||2,438,443|39,885||16,400|70,995|2,565,724|
|At 31/03/21||2,202,551|36,189||19,392|60,403|2,318,535|
|11.DEBTORS||||||||
||||||||2022
2021|
|LHB Funding
Due|||||||6,370|
|Event Courses income|||due/Expenditure||Prepaid||19,234
3,902|
|Furlough||Claim Due|||||10,023|
|Gift Aid|||||||43,384
4,501|
|Retail Rents Prepaid|||||||7,739
8,562|
|Retail Rag Collection|||||||3,734|
|Other debtors
and prepayments|||||||36,006
65,786|
||||||||116,467
92,774|
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||2022|2021|
|---|---|---|
|Sundry Taxes and Social Security|4,378|37,760|
|Audit &Accountancy|9,000|9,000|
|Amounts
Owed to Bobath London||57,544|
|Deferred Income|106,934|234,425|
|Other Creditor &Accruals|137,004|98,822|
||257,316|437,551|
##
|be utilised|in future periods.|||
|---|---|---|---|
|||2022|2021|
|Brought|forward at
1 April|234 425|130,695|
|Released|in the year|(234,425)|(93,985)|
|Deferred|in the year|106,934|197,715|
|Carried forward at 31March||106934|234425|
##
||||Balance|Movement|in Year|Balance|
|---|---|---|---|---|---|---|
||||01,04.21|Income|Expenditure|31.3.2022|
|Various Property|Grants||187,832||(3,444)|184,388|
|Welsh Government||Grant Property|1,500,000||(27400)|1,472,500|
|Hodge Foundation|||31,801|31,711|(31,711)|31,801|
|Garfield Weston|||5,000|5,000|(10,000)||
|Children
In Need|||9,988||(9@88)||
|Sick Children
in Wales Trust|||24,710||(8,114)|16,596|
|Sundry
Small Specific Grants|||12/05||(1/45)|10,960|
|Neumark
Charitable||Foundation|3,750||(3,750)||
|Neumark
Charitable||Foundation|3,333||(3/33)||
|CIN Booster|||798||(290)|508|
|Community
Foundation|||14,911||(14,911)||
|Lottery Community||Fund|8,302||(8002)||
|Welsh Government||AV equipment|24/13||(8/09)|16,104|
|Moondance||||42,151|(41398)|753|
|WCVA VSRF||||43/35|(43/35)||
|WCVA TSRF 2||||64,680|(64,680)||
|Neumark
Charitable||Foundation||729|(729)||
|Chiklren In Need||||12,100|(12,100)||
|Global Charities||||15,000|(15,000)||
|Masonic Charity Fund||||4,950|(4,950)||
|Oakdale Trust||||1,000|(1,000)||
|Garfieki Weston Phase 2||||75,000||75,000|
|Ghmorgan
GVS||||10,000|(50)|9,950|
|Lottery Awards||||10,000|(183)|9,817|
||||1,826,943|315,656|314222|1,828,377|
##
|NRESTRIC|TED D|ESIGNA|TED FUNDS||||
|---|---|---|---|---|---|---|
||||Balance at|Tfr General||Balance|
||||01.04.21|Reserves|Expenditure
f|31.03.22|
|Contingency|Fund||300,000|||300,000|
|Legacy Fund|||41,976||(12,000)|29,976|
|Charity Development||Fund|1,106,406||(118,511)|987,895|
||||1,448,382||(130,511)|1,317,871|
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|ALYSIS OFNET ASSETSBET|WEEN FUNDS|||
|---|---|---|---|
||Tangible Fixed|Net Current||
||Assets|Assets|Total|
|RESTRICTED FUNDS|1,734,157|94,220|1,828/77|
|UNRESTRICTED FUNDS|831,567|1,018,136|1,849,703|
||2,565,724|1,112@56|3,678,080|
##
|||2022|2021|
|---|---|---|---|
|Payments|Due|||
|Within One Year||15,000|16,875|
|Between|One and Five Years|7,500|22,250|
|||22,250|39,125|
##
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|19.|RECONCILIATION
OFINCOME/(EXPENDITURE)|RECONCILIATION
OFINCOME/(EXPENDITURE)|RECONCILIATION
OFINCOME/(EXPENDITURE)|||
|---|---|---|---|---|---|
||TO NET CASH FLOWS FROM OPERATION ACTIVITIES|||||
|||||2022|2021|
||Net movement
in funds|||(104@35)|362,481|
||Add back: Depreciation
charge|||100,101|46,832|
||Loss on disposal oftangible fixed assets|||605|5,732|
||Gain on disposal of19Park Road||||(164,753)|
||Deduct: Investment
income|||(1,719)|(7,455)|
||Decrease / (Increase) in stocks|||(5,420)|(3,333)|
||Decrease
/ (Increase) in debtors|||(23,693)|77,720|
||Increase / (Decrease) in creditors|||(180/37)|244,691|
||Net cash generated
from/(used|in) operating|activities|(214,698)|561,915|
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