2023-03-31-accounts

Charity Information
Report ofthe Trustees		3-5
Report ofthe Independent	Examiner
Statement of Financial Activities
Balance Sheet
Notes to the Accounts		9-15

Charity number	Charity number	Charity number		1019789
Company		registration	number	2802394
Registered		office		Glenwood Church
				Circle Way West
				Llanedeyrn
				Cardiff
				CF23 6UW
Trustees				Paul Francis (Chair)
				William Norman	Adams
				Peter Brooks
				Peter Richardson
				Esther Mantle
Bankers				Barclays Bank
ent	Examiner			Clive Evans
				Evans Consulting
				52 Hastings Crescent
				Old St Mellons
				Cardiff
				CF3 5ET

Independ	Bankers ent Examiner

		Note	Unrestricted	Restricted	Year	Yearended
			funds f	funds f	ended	31/03/22 E
					31/03/23
					E
Income
Income from generating	funds:
Voluntary income			30,827	5,029	35,856	42,043
Income from charitable	activities		174		174	20,769
Other income			2,716	3,133	5,849	15,900
Total income			33,717	8,162	41,879	78,712
Expenditure
Charitable activities			38,037	12,113	50,150	63,805
Total expenditure			38,037	12,113	50,150	63,805
Net (outgoing)/incoming	resources
forthe period			(4,320)	(3,951)	(8,271)	14,907
Prior Year Adjustment			(7,041)	1,385	(5,656)
Total funds brought forward			16,643	8,262	24,905	9,998
Total funds carried forward			5,282	5,696	10,978	24,905

as at 31March 20	2	3
			Note	31"March	2023	31"March		2022
				f	f	f		f
Current assets
Debtors				1,454			891
Cash at bank and	in	hand		25291		31	854
				26,745		32,745
Creditors: amounts		falling due within	10	4549		1	594
one year
Net current assets					22 196			31151
Creditors: amounts		falling after one			11,218			6,250
year
Net Assets					10,978			24,901
Funds
Restricted funds					5,696			8,262
Unrestricted funds					5,282			16,643
Total funds					10,978			24,905

		Unrestricted	Restricted	2023Total	2022
		funds	funds	funds	Total
		f	f	f	funds
					f
Regular Donations		25,643	4,556	30,199	33,729
One-off Donations		754		754	2,697
Reclaimed Tax		4,430	473	4,903	5,617
		30,827	5,029	35,856	42,043
Income from charitable	activities
		Unrestricted	Restricted	2023Total	2022 Total
		funds	funds	funds	funds
		f	f	f	f
Theatre in Education Sound ofWales		174		174	16,499
Internship fees					4,270
		174		174	20,769
Otherlncorne
		Unrestricted	Restricted	2023Total	2022Total
		funds	funds	funds	funds
		f	f	f	f
Grant Income			3,133	3,133	14,480
Sale ofequipment					1,420
Other income		2,716		2,716
		2,716	3,133	5,849	15,900

			Unrestricted	Restricted	2023Total	2022 Total
			Fundsf	Funds f	funds f	funds f
			29,560	3,133	32,693	36,448
Employment costs						651
Marketing	costs		4,757		4,757	4,783
Operating	expenses		609	6,265	6,873	18,824
Establishment costs			3,111		3,111	3,099
Internship	expenses			2,715	2,715
Salt R Light Management		Charges	38,037	12,113	50,150	63,805

Employment	costs	Year ending	Year ending
		31/3/23	31/3/22
		f	f
Wages 8 salaries		32,097	35,806
Social security	8 Pension costs	596	642
		32,693	36,448

Year ending	Year ending
31/3/23	31/3/22
1.7

Debtors
	Year ending	Year ending
	31/3/23	31/3/22
	f	f
Trade debtors	637	450
Gift Aid tax recoverable	817	441
	1,454	891

		Year ending	Year ending
		31/3/23	31/3/22
		f	f
Trade	creditors	4,311	1,446
Other	creditors	238	144
		4,549	1,594

		Year ending	Year ending
		31/3/23f	31/3/22 f
Loan from Glenwood		650	1,250
Others Loans		5,000	5,000
Stewardship	grant	5,568
		11,218	6,250

12.	Unrestric	te	d Funds
									Balance at
					Balance at			Incoming Resources		31 March
					1April 2022 f			Resources expended f f		2023 f
General fund						16,643		33,717	38,037	12,323
Adjustment						(7,041)
Total						9,602		33,717	38,037	5,282
13.	Restricted	Funds
										Balance at
						Balance at		Incoming	Resources	31March
						1April 2022 f		Resources f	expended f	2023f
alt g Light is an	Salt g Light Stewardship grant Kickstart grant					2,694 5,568		150 3,133	2,716 3,133	128 5,568
organ isatio	Sound of	Wales monies				1,386		4,879	6,265
by an	Total					9,648		8,162	12,113	5,696
associate, Peter Cole, who is involved				in schools		work.
	Stewardship		grant was given	toward	the Primary School project
	Kickstart grant was provided			for work placement for			Isaac Camilleri
	Sound ofWales monies —donations				being received for			Sound ofWales which is now a charity
	its own right
14	Analysis	ofnet assets between funds
						Unrestricted		Restricted	2023	2022
						Funds		Funds	Total	Total
							f	f	funds f	fundsf
	Current assets					21,049		5,696	26,745	32,745
	Current	liabilities				(4,549)			(4,549)	(1,594)
	Long-term		liabilities			(11,218)			(11,218)	(6,250)
						5,282		5,696	10,978	24901

				Note	Unrestricted	Restricted	Year ended	Year ended
					funds f	funds f	31/03/22 f	31/03/21 f
Income
Income from	generating		funds:
Voluntary	income				41,518	525	42,043	44,746
Income from	charitable		activities		10,769	10,000	20,769	5,035
Other income					11,420	4,480	15,900	14,143
Total income					63,707	15,005	78,712	63,924
Expenditure
Charitable activities					54,893	8,912	63,805	57,711
Total expenditure					54,893	8,912	63,805	57,711
Net (outgoing)/incoming			resources
for the period					8,814	6,093	14,907	6,213
Total funds brought		forward			7,829	2,169	9,998	3,785
Total funds carried forward					16,643	8,262	24,905	9,998