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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|
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|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||||
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|||||||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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||||||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|
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|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:||||||
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|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|
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|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|
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|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|
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|||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|
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||||||||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|
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|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|
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|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||
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|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||||||