2023-03-31-accounts - Wales Council For Deaf People

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	Page
Trustees' annual report
Independent examiner's report to the trustees
Statement offinancial activities	12
Statement offinancial position	13
Statement ofcash flows	14
Notes to the financial statements	15

Year end	ed 31 Nlarch 20	ed 31 Nlarch 20	23
Reference	and administrative		details
Registered	charity	name	Wales Council For Deaf People
Charity registration		number	1035893
Principal office			Glenview House
			Courthouse Street
			Pontypridd
			CF37 1JY
The trustees			Mr RRess-Evans
			Mr G Moses
			Mr C Lewis
			Mr D Skivington
			Mrs N Moses
			Ms N Evans		(Appointed	28January 2022)
			Mr AWilliams		(Appointed	20 September 2022)
			Ms S Elin Melbourne		(Appointed	June 2022 )
Officers			Patron		Baroness	Jenny Randerson
			President		Mr D Skivington
			Chairman		Mr R Rees-Evans
			Treasurer		Mr G Moses
Other Significant Pemons			Training/Education	Sub Committee	Mrs S Durbridge
			Finance Sub Committee		Mr G Moses
			Secretary and Chief oificer		Ms LSweeney (Left January 2023)
			Finance Manager		Ms N Hollister
			Active Inclusion Project Manager		Mrs G Hampton ( Left December
			2022 )
			Support Services	Officer	Miss KLewis
			Support Services Assistant		Mr C McLean
			BSLInterpreter		Ms RWilliams
			BSLTutor		Mr C Hampton
			BSLTutor		Ms K Barnes
			Engagement Oificer		Mrs SDerrick
			Chariiy Fundraiser		Ms AJones
Independent	examiner		Farzana Ahmed	FCCA
			1st Floor, Tudor	House
			18Cathedral Road
			Cardiff
			CF119LJ
Bankers			HSBC Bank pic
			30Station Road
			Port Talbot
			SA131JR

						2023		2022
					Unrestricted	Restricted
					funds	funds	Totalfunds	Total funds
				Note		E	E
Income and endowments
Donations and legacies				4	12,100	230,596	242,696	183,185
Charitable activities				5	315,438		315,438	231,136
Investment income				6	6,812		6,812	3,728
Other income				7	17,492		17,492	17,933
Total income					351,842	230,596	582,438	435,982
Expenditure
Expenditure on raising funds:
Investment management		costs		8	3,000		3,000	1,500
Expenditure on charitable	activities			9,10	358,316	214,562	572,879	480,999
Other expenditure				12	307		307	79
Total expenditure					361,623	214,562	576,186	482,578
Net losses on investments				13	(12,538)		(12,538)	(6,255)
Net expenditure and net	movement		in
funds					(22,319)	16,034	(6,286)	(52,851)
Reconciliation offunds
Total funds brought forward					422,391	185,069	607,460	660,312
Total funds carried forward					400,072	201,103	601,175	607,460

31 March 2023
				2023	2022
			Note
Fixed assets
Intangible assets			19	4,138	8,268
Tangible fixed assets			20	140,402	145,294
Investments			21	285,799	295,288
				430,339	448,850
Current assets
Debtors			22	72,838	78,978
Cash at bank and in	hand			123,621	112,154
				196,459	191,132
Creditors: amounts	falling	due within one year	23	25,624	32,521
Net current assets				170,835	158,611
Total assets less current		liabilities		601,175	607,460
Net assets				601,175	607,460
Funds ofthe charity
Restricted funds				201,103	185,069
Unrestricted funds				400,072	422,391
Total charity funds			25	601,175	607,460

Year ended 31 March	2023
			2023	2022
			a	F
Cash flows from operating Net expenditure	activities		(6,286)	(52,851)
Adjustments /orr
Depreciation oftangible fixed assets			5,596	7,224
Amortisation ofintangible assets			4,130	4,223
Net losses on investments			12,538	6,255
Dividends, interest and rents	from investments		(6,049)	(3,043)
Other interest receivable and	similar income		(763)	(685)
Loss on disposal ofintangible	assets		307	79
Accrued (income)/expenses			(1,396)	1,675
Changes in:
Trade and other debtors			6,140	(44,994)
Trade and other creditors			(5,501)	12,581
Cash generated from operations			8,716	(69,536)
Interest received			763	685
Net cash from/(used in) operating activities			9,479	(68,851)
Cash flows from investing Dividends, interest and rents	activities from investments		6,049	3,043
Purchase oftangible assets			(1,011)	(2,517)
Proceeds from sale oftangible assets			307	80
Purchases ofother investments			(36,727)	(597,835)
Proceeds from sale ofother investments			33,370	296,213
Net cash from/(used in) investing activities			1,988	(301,016)
Net increase/(decrease) in	cash and cash	equivalents	11,467	(369,867)
Cash and cash equivalents	at beginning	ofyear	112,154	482,021
Cash and cash equivalents	at end ofyear		123,621	112,154

4. Donation	s and legac	ies
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2023
			B	6	8
Donations
Donations			338		338
Grants
WCVA			700		700
WCVA - Active Inclusion		Project		85,897	85,897
HMRC CJRS
RCT - various grants			9,962	47,550	57,512
Moondance	Foundation
Interlink Micro grant			1,100		1,100
ScrewFix				5,000	5,000
Morrisons				18,793	18,793
Blaenau Gwent CBC				11,416	11,416
GVS				17,857	17,857
C3SC				2,606	2,606
WCVA - Third Sector Resilliance				41,477	41,477
			12,100	230,596	242,696
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
				6	6
Donations
Donations			785		785
Grants
WCVA			700		700
WCVA - Active Inclusion		Project		84,278	84,278
HMRC CJRS			40,942		40,942
RCT - various grants				54,230	54,230
Moondance	Foundation			2,000	2,000
Interlink Micro grant				250	250
ScrewFix
Morrisons
Blaenau Gwent CBC
GVS
C3SC
WCVA - Third Sector Resilliance
			42,427	140,758	183,185

Charitable	activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds f	2023 f	Funds F	2022 f
Training		46,957	46,957	21,251	21,251
Other income		15,133	15,133	2,849	2,849
Interpreter	/ Lip Speaking Agency	222,598	222,598	168,001	168,001
Translation		30,750	30,750	39,035	39,035
		315,438	315,438	231,136	231,136
Investment	income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023 f	Funds	2022 F
Income from listed investments		6,049	6,049	3,043	3,043
Bank interest receivable		136	136	29	29
Other interest receivable		627	627	656	656
		6,812	6,812	3,728	3,728

7.	Other inco	me
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2023 f	Funds	2022 f
	Rental &hire offacilities			17,492	17,492	17,933	17,933
8.	Investment	management	costs

		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds f		2023	Funds f		2022
Portfolio	management	3,000		3,000	1,500		1,500

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2023
					6
Communication		agency			170,668	55,877	226,545
Training Projects	&courses &activities				52,694 105,801	52,577 46,151	105,271 151,953
Supportcosts					29,153	59,957	89,110
					358,316	214,562	572,879
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
						6
Communication agency Training &courses					150,683 40,330	81,163	150,683 121,493
Projects	&activities				55,251	54,480	109,730
Support	costs				83,798	15,295	99,093
					330,062	150,938	480,999
Expenditure on		charitable	activities by activity type
				Activities
				undertaken	Support	Totalfunds	Total fund
				directly	costs	2023	2022
				F.	F	6	F
Communication		agency		226,545	15,821	242,366	177,838
Training	&courses			105,271	40,186	145,457	160,894
Projects	&activities			151,953	27,115	179,068	136,827
Governance costs					5,988	5,988	5,440
				483,769	89,110	572,879	480.999
Analysis	ofsupport costs
		Communicati		Training &	projects 8
			on agency 6	courses f	activities F	Total2023	Total 2022
Staff costs			4,940	20,932	14,420	40,292	49,713
Premises			2,157	1,715	1,715	5,587	5,699
General	office		8,725	17,539	10,980	37,244	38,245
Governance costs			1,997	1,997	1,997	5,988	5,435
			17,819	42,183	29,112	89,110	99,092

12.	Other expenditure
					Unrestricted			Total Funds		Unrestricted		Total		Funds
						Funds			2023		Funds			2022
							E				E			E
	Loss on disposal of intangible assets
	for charity's own use						307		307		79			79
13.	Net losses on investments
					Unrestricted			Total	Funds	Unrestricted		Total		Funds
						Funds			2023		Funds			2022
									6		6			6
	Gains/(losses) on listed	investments			(12,538)				(12,538)		(6,255)		(6,255)
14.	Net expenditure
	Net expenditure is stated		after charging/(crediting):
											2023			2022
														F
	Amortisation ofintangible		assets								4,130			4,223
	Depreciation oftangible	fixed assets									5,596			7,224
	Loss on disposal ofintangible assets										307			79
15.	Independent examination		fees
											2023 E			2022 f
	Fees payable to the independent			examiner for:
	Independent examination		ofthe financial		statements						3,120			3,120
16.	Staff costs
	The total staff costs and	employee		benefits for		the reporting			period are		analysed as	follows:
											2023		2022
														F
	Wages and salaries										269,017		271,425
	Social security costs										24,761		24,673
	Employer contributions to		pension	plans							10,104			8,513
											303,882		304,611
	The average head count	of employees			during	the year		was	12(2022:		13).The average		number
	offull-time equivalent employees			during	the year		is analysed		as follows:

Transfer offunds from restricted to unrestricted reserves re previous year from unrestricted reserves for the project. Intangible assets	presents resources expended in the
	Website &
	rebranding
Cost
At 1 April 2022 and 31 March 2023	21,114
Amortisation
At 1 April 2022	12,846
Charge for the year	4,130
At 31 March 2023	16,976
Carrying amount
At 31 March 2023	4,138
At 31 March 2022	8,268

20.	Tangible fixed assets
		Freehold	Fixtures and
		property	fittings	Total
		6	F	6
	Cost
	At 1 April 2022	197,887	28,238	226,125
	Additions		1,011	1,011
	Dieposals		(529)	(529)
	At 31 March 2023	197,887	28,720	226,607
	Depreciation
	At 1 April 2022	56,519	24,312	80,831
	Charge for the year	3,958	1,638	5,596
	Disposals		(222)	(222)
	At 31 March 2023	60,477	25,728	86,205
	Carrying amount
	At 31 March 2023	137,410	2,992	140,402
	At 31 March 2022	141,368	3,926	145,294
21.	Investments
		Cash or cash	Listed
		equivalents	investments	Total
		F
	Cost orvaluation
	At 1 April 2022	22,141	273,147	295,288
	Additions	22,355	14,372	36,727
	Disposals	(17,373)	(24,650)	(42,023)
	Fair value movements		(4,193)	(4,193)
	At 31 March 2023	27,123	258,676	285,799
	Impairment
	At 1 April 2022 and 31 March 2023
	Carrying amount
	At 31March 2023	27,123	258,676	285,799
	At 31 March 2022	22,141	273,147	295,288

Debtors
		2023	2022
		5
Trade debtors		48,872	60,303
Prepayments	and accrued income	1,256	722
Other debtors		22,710	17,953
		72,838	78,978

		2023	2022
			6
Trade creditors		18,253	20,677
Accruals and deferred	income	3,453	4,849
Social secudity and other taxes		2,819	5,536
Other creditors		1,099	1,459
		25,624	32,521

							At
		At				Gains and	31 March 2
		1 April 2022	Income	Expenditure	Transfers	losses	023
		E		E	F	E
General funds		342,391	351,842	(351,123)		(12,538)	330,572
Designated	Fund
-(Swansea	HOH)	80,000		(10,500)			69,500
		422,391	351,842	(361,623)		(12,538)	400,072
							At
		At				Gains and	31 March 2
		1 April 2021	Income	Expenditure	Transfers	losses	022
				E	E	E	E
General funds		366,613	295,224	(331,641)	18,450	(6,255)	342,391
Designated	Fund
-(Swansea	HOH)	80,000					80,000
		446,613	295,224	(331,641)	18,450	(6,255)	422,391

Restricted	funds
							At
		At				Gains and	31 March 2
		1 April 2022	Income	Expenditure	Transfers	losses	023
			F	F	E	F	E
Glenview	House	111,073		(3,267)			107,806
Active Inclusion
Project JEJames			85,897	(85,897)
Legacy		23,829					23,829
Dr A C Evans
Legacy		43,508		(1,698)			41,810
Sensory Garden
Project		4,959		(691)			4,268
RCT - Various
grants			47,550	(44,650)			2,900

Yea	r ended 31 March	r ended 31 March	2023
25.	Analysis ofcharitable		funds	(cont(nued)
	Moondance
	Foundation		1,700		(503)			1,197
	GVS Various
	Grant			17,857	(17,857)
	ScrewFIX			5,000	(4,500)			500
	WCVA			41,477	(41,477)
	Blaenau Gwent
	CBC			11,416	(11,416)
	C3SC			2,606	(2,606)
	Monison			18,793				18,793
			185,069	230,596	(214,562)			201,103
									At
			At				Gains and	31 March	2
		1 April 2021 f		Income	Expendituref	Transfers	losses f	022 f
	Glenview House		114,340		(3,267)			111,073
	Active Inclusion
	Project		18,639	84,278	(84,467)	(18,450)
	J EJames
	Legacy		23,877		(48)			23,829
	Central Heating		589		(589)
	DrAC Evans
	Legacy		48,814		(5,306)			43,508
	Sensory Garden
	Project		5,650		(691)			4,959
	Pontypridd	Hard
	of Hearing	Group	957		(957)
	Lottery - website
	rebrand fund		833		(833)
	RCT - Various
	grants			54,230	(54,230)
	Moondance
	Foundation			2,000	(300)			1,700
	Interlink Micro
	grant			250	(250)
	GVS Various
	Grant
	ScrewFIX
	WCVA
	Blaenau Gwent
	CBC
	C3SC
	Morrison
			213,699	140,758	(150,938)	(18,450)		185,069

Yea	r ended 31 March 2023	r ended 31 March 2023
28.	Analysis of net assets between funds
			Unrestricted		Restricted	Total Funds
				Funds f	Funds f	2023 f
	Intangible assets			4,138		4,138
	Tangible fixed assets Investments			27,131 285,799	113,271	140,402 285,799
	Current assets			83,003	87,832	170,835
	Net assets			400,071	201,103	601,175
			Unrestricted		Restricted	Total Funds
				Funds	Funds f	2022 f
	Intangible assets			8,268		8,268
	Tangible fixed assets			27,562	117,732	145,294
	Investments			295,288		295,288
	Current assets			91,273	67,337	158,610
	Net assets			422,391	185,069	607,460
27.	Analysis ofchanges	in net debt
						At
			At	1 Apr 2022	Cash flows f	31 Mar 2023 f
	Cash at bank and in hand			112,154	11,467	123,621
28.	Related parties