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|---|---|---|---|---|
|Report ofthe Trusbnn||1|to|3|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||7|to|14|
|Detailed Statement ofFinancial Activities|||15||
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||||
|INCOME|AND ENDOWMENTS||FROM||||||
|Donations|and legacies||||5,034||5,034|2,788|
|Charitable|activities||||||||
|Grants|||||200,434|36,762|237,196|269,009|
|Investment|income||||16||16|103|
|Total|||||205,484|36,762|242,246|271,900|
|EXPENDITURE ON|||||||||
|Charitable|activities||||||||
|Grants|||||184,649|46,881|231,530|234,134|
|Net gains on investments|||||53,000||53,000|24,000|
|NET INCOME/(EXPENDITURE)|||||73,835|(10,119)|63,716|61,766|
|Transfers|between
funds|||11|(10,175)|10,175|||
|Net movement
in funds|||||63,660|56|63,716|61,766|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought||forward|||(359,096)|8,725|(350,371)|(412,137)|
|TOTAL FUNDS CARRIED FORWARD|||||(295,436)|8,781|(286,655)|(350,371)|
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||31M|ARCH 2022||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes||f,||8|
|CURRENT ASSETS||||||
|Debtors||2,750||2,750|7,129|
|Cash at bank and in hand||135,596|8,781|144,377|128,075|
|||138,346|8,781|147,127|135,204|
|CREDITORS||||||
|Amounts
falling due within one year|10|(2,782)||(2,782)|(1,575)|
|NET CURRENT ASSETS||135,564|8,781|144,345|133,629|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||135,564|8,781|144,345|133,629|
|PENSION LIABILITY|12|(431,000)||(431,000)|(484,000)|
|NET ASSETS/(LIABILITIES)||(295,436)|8,781|(286,655)|(350,371)|
|FUNDS||||||
|Unrestricted
funds||||(295,436)|(359,096)|
|Restricted
funds||||8,781|8,725|
|TOTALFUNDS||||(286,655)|(350,371)|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||f.||
|interest|Received|||||16|103|
|CHARITABLE||ACTIVITIES COSTS||||||
||||||Direct|Support||
||||||Costs|costs|Totals|
||||||f||f|
|Grants|||||230,090|1,440|231,530|
|NET INCOME/(EXPENDITURE)||||||||
|Net income, '(expenditure)||||is stated after charging/(crediting):||||
|||||||2022|2021|
|Auditors'|remuneration||for|non audit work||1,440|1,440|
|Other operating||leases||||11,000|11,000|
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|STAFF C|OSTS|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f,||
|Wages and|salaries|||135,205|147,274|
|Social security costs||||7,335|8,727|
|Other pension costs||||19,705|23,599|
|||||162,245|179,600|
|The average monthly||number ofemployees|during the year was as follows:|||
|||||2022|2021|
|Charitable|Activities|||6|6|
|Governance||||1|1|
||NOTES TO THK FINANCIAL STATEMENTS - continued
FORTHE YEAR ENDED 31MARCH 2022|NOTES TO THK FINANCIAL STATEMENTS - continued
FORTHE YEAR ENDED 31MARCH 2022|NOTES TO THK FINANCIAL STATEMENTS - continued
FORTHE YEAR ENDED 31MARCH 2022|||
|---|---|---|---|---|---|
||COMPARATIVES FOR THK STATEMENT OF FINANCIAL ACTIVITIES|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies||2,788||2,788|
||Charitable
activities|||||
||Grants||223,091|45,918|269,009|
||Investment
income||103||103|
||Total||225,982|45,918|271,900|
||EXPENDITURE ON|||||
||Charitable
activities|||||
||Grants||176,081|58,053|234,134|
||Net gains on investments||24,000||24,000|
||NKT INCOME/(EXPENDITURE)||73,901|(12,135)|61,766|
||Transfers
between
funds||4,810|(4,810)||
||Net movement
in funds||78,711|(16,945)|61,766|
||RECONCILIATION|OF FUNDS||||
||Total funds brought
forward||(437,807)|25,670|(412,137)|
||TOTAL FUNDS CARRIED FORWARD||(359,096)|8,725|(350,371)|
|8.|TANGIBLE FIXEDASSETS|||||
||||||Fixtures|
||||||and|
||||||fittings|
||||||f,|
||COST|||||
||At 1 April 2021 and 31|March 2022|||18,563|
||DEPRECIATION|||||
||At 1 April 2021 and 31|March 2022|||18,563|
||NET BOOK VALUE|||||
||At 31March 2022|||||
||At 31March 2021|||||
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|9.|DEBTORS:|A|MOUNT|S PALL|ING DUE WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||Trade debtors||||||2,750|7,129|
|10.|CREDITORS: AMOUNTS FALLING DUE~ONE|||||YEAR|||
||||||||2022|2021|
||||||||f,||
||Trade creditors||||||2,782|1,575|
|11.|MOVEMENT||IN FUNDS||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.21|in funds|funds|31.3.22|
||||||I|||f,|
||Unrestricted|funds|||||||
||General fund||||124,904|20,835|(40,175)|105,564|
||Pension Fund||||(484,000)|53,000||(431,000)|
||Development(Designated)|||Fund|||30,000|30,000|
||||||(359,096)|73,835|(10,175)|(295,436)|
||Restricted funds||||||||
||Ceredigion
Dev Worker||||4,234|55||4,289|
||Pembrokesture||Dev Worker|||(10,175)|10,175||
||Spirituality||||616|||616|
||Golfing Project||||3,817|||3,817|
||Mental Health|Forums|||58|||59|
||||||8,725|(10,119)|10,175|8,781|
||TOTAL FUNDS||||(350,371)|63,716||(286,655)|
||Net movement||in funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
||||||f.||8||
||Unrestricted|funds|||||||
||General fund||||205,484|(184,649)||20,835|
||Pension Fund||||||53,000|53,000|
||||||205,484|(]84,649)|53,000|73,835|
||Restricted
funds||||||||
||Ceredigion Dev||Worker||21,256|(21,201)||55|
||Pembrokeshire||Dev Worker||14,310|(24,485)||(10,175)|
||Mental Health|Forums|||1,196|(1,195)||1|
||||||36,762|(46,881)||(10,119)|
||TOTAL FUNDS||||242,246|(231,530)|53,000|63,716|
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|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.20|in funds|funds|31.3.21|
|||||||f,|
|Unrestricted|funds||||||
|General
fund|||70,193|49,901|4,810|124,904|
|Pension Fund|||(508,000)|24,000||(484,000)|
||||(437,807)|73,901|4,810|(359,096)|
|Restricted
funds|||||||
|Ceredigion Dev Worker|||2,066|2,168||4,234|
|Pembrokeshire|Dev Worker|||(2,099)|2,099||
|Mind Your Heart|||17,194|(12,262)|(4,932)||
|Spirituality|||616|||616|
|Golfing Project|||3,817|||3,817|
|Am Dro Am|Glonc||1,977||(1,977)||
|Mental Health Forums||||58||58|
||||25,670|(12,135)|(4,810)|8,725|
|TOTAL FUNDS|||(412,137)|61,766||(350,371)|
|Comparative|net movement|in funds, included|in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||f.||f,|f,|
|Unrestricted|funds||||||
|General
fund|||225,982|(176,081)||49,901|
|Pension Fund|||||24,000|24,000|
||||225,982|(176,081)|24,000|73,901|
|Restricted
funds|||||||
|Ceredigion Dev Worker|||21,256|(19,088)||2,168|
|Pembrokeshire|Dev Worker||14,310|(16,409)||(2,099)|
|Mind Your Heart|||9,174|(21,436)||(12,262)|
|Mental Health|Forums||1,178|(1,120)||58|
||||45,918|(58,053)||(12,135)|
|TOTAL FUNDS|||271,900|(234,134)|24,000|61,766|
##
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|||||Net|Transfers|Transfers|||
|---|---|---|---|---|---|---|---|---|
|||||movement|between||At||
||||At 1,4.20|in funds||funds|31.3.22||
||||||||f.||
|Unrestricted|funds||||||||
|General
fund|||70,193|70,736|(35,365)||105,564||
|Pension Fund|||(508,000)|77,000|||(431,000)||
|Development(Designated)||Fund||||30,000|30,000||
||||(437,807)|147,736||(5,365)|(295,436)||
|Restricted
funds|||||||||
|Ceredigion Dev Worker|||2,066|2,223|||4,289||
|Pembrokeshire|Dev Worker|||(12,274)||12,274|||
|Mind Your Heart|||17,194|(12,262)||(4,932)|||
|Spirituality|||616||||616||
|Golfmg Project|||3,817||||3,817||
|Am Dro Am Glonc|||1,977|||(1,977)|||
|Mental Health|Forums|||59|||59||
||||25,670|(222,54)||5,365|8,781||
|TOTAL FUNDS|||(412,137)|125,482|||(286,655)||
|A current year|12 months|and prior year 12 months|combined|net movement|in funds,|included|in the above||
|as follows:|||||||||
||||incoming|Resources|Gains and||Movement||
||||resources|expended||losses|in funds||
|||||||f,|||
|Unrestricted|funds||||||||
|General
fund|||431,466|(360,730)|||70,736||
|Pension Fund||||||77,000|77,000||
||||431,466|(360,730)||77,000|147,736||
|Restricted
funds|||||||||
|Ceredigion Dev Worker|||42,512|(40,289)|||2,223||
|Pernbrokeshire|Dev Worker||28,620|(40,894)|||(12,274)||
|Mind Your Heart|||9,174|(21,436)|||(12,262)||
|Mental Health|Forums||2,374|(2,315)|||59||
||||82,680|(104,934)|||(22,254)||
|TOTAL FUNDS|||514,]46|(465,664)||77,000|125,482||
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|The amounts
recognised
in the statement|offinancial position are as f|ollows:||
|---|---|---|---|
|||2022|2021|
|||f.||
|Fair value ofscheme assets||1,509,000|1,428,000|
|Present Value ofdefined benefit obligation||(1,940,000)|(1,912,000)|
|Defined benefit pension scheme deficit||(431,000)|(484,000)|
|Defined Benefit Obligation||||
|Changes
in the defined benefit obligation|are as follows:|||
||||2022|
|Present value at start ofyear|||1,912,000|
|Current Service Cost|||37,000|
|Interest|||39,000|
|Members'
Contributions|||6,000|
|Past Service Cost||||
|Remeasureinents
(liabilities)|||(10,000)|
|Benefits/transfers
paid|||(44,000)|
|Present value at end ofyear|||1,940,000|
|Fair Value ofscheme assets||||
|Changes
in the ifair value ofscheme assets|are as follows:|||
|Fair Value at start ofyear|||1,428,000|
|Interest income|||30,000|
|Remeasurements
(assets)|||70,000|
|Administration
Expenses||||
|Employer
Contributions|||19,000|
|Member contributions|||6,000|
|Benefits Paid|||(44,000)|
|Fair value at end ofyear|||1,509,000|
##
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||||FORTHE YEAR ENDED 31|MARCH 2022||
|---|---|---|---|---|---|
|||||2022|2021|
|INCOME|AND ENDOWMENTS|||||
|Donations|and legacies|||||
|Donations||||5,034|2,788|
|Investment|income|||||
|Interest Received||||16|103|
|Charitable|activities|||||
|Grants||||237,196|269,009|
|Total incoming
resources||||242,246|271,900|
|EXPENDITI1RE||||||
|Charitable|activities|||||
|Wages||||135405|147,274|
|Social security||||7,335|8,727|
|Pensions||||19,705|23,599|
|Rent Paid||||11,000|11,000|
|Insurance||||878|914|
|Telephone||||4,059|3,955|
|Postage and stationery||||2,686|4,618|
|Advertising||||1,873|8,297|
|Sundries||||47,349|24,310|
|||||230,090|232,694|
|Support costs||||||
|Governance
costs||||||
|Auditors'|remuneration||for non audit work|1,440|1,440|
|Total resources expended||||231,530|234,134|
|Net income|before gains||and losses|10,716|37,766|
|Realised recognised||gains and losses||||
|Actuarial
Losses on Pension||||53,000|24,000|
|Net income||||63,716|61,766|