| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | ||
| Independent Examiner's |
Report | ||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | |||||
| Notes to the Financial Statements | 6 | to | 13 | ||
| Detailed Statement ofFinancial | Activities | 14 |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| Notes | |||||||||
| INCOME | AND ENDOWMENTS | FROM | |||||||
| Donations | and legacies | 326 | 326 | 5,034 | |||||
| Charitable | activities | ||||||||
| Grants | 18,251 | 221,541 | 239,792 | 237,196 | |||||
| Investment | income | 650 | 650 | 16 | |||||
| Total | 19,227 | 221,541 | 240,768 | 242,246 | |||||
| EXPENDITURE | ON | ||||||||
| Charitable | activities | ||||||||
| Grants | 9,939 | 220,942 | 230,881 | 231,530 | |||||
| Net gains on investments | 431,000 | 431,000 | 53,000 | ||||||
| NET INCOME | 440,288 | 599 | 440,887 | 63,716 | |||||
| Transfers | between | funds | I | (I) | |||||
| Net movement in |
funds | 440,289 | 598 | 440,887 | 63,716 | ||||
| RECONCILIATION | OF FUNDS | ||||||||
| Total funds | brought | forward | (295,436) | 8,781 | (286,655) | (350,371) | |||
| TOTAL FUNDS CARRIED FORWARD | 144,853 | 9,379 | 154,232 | (286,655) |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| CURRENT ASSETS | |||||
| Debtors | 2,750 | ||||
| Cash at bank and in hand | 146,945 | 10,915 | 157,860 | 144,377 | |
| 146,945 | 10,915 | 157,860 | 147,127 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
10 | (2,092) | (1,536) | (3,628) | (2,782) |
| NET CURRENT ASSETS | 144,853 | 9,379 | 154,232 | 144,345 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 144,853 | 9,379 | 154,232 | 144,345 | |
| PENSION LIABILITY | 12 | (431,000) | |||
| NET ASSETS/(LIABILITIES) | 144,853 | 9,379 | 154,232 | (286,655) | |
| FUNDS | |||||
| Unrestricted funds |
144,853 | (295,436) | |||
| Restricted funds |
9,379 | 8,781 | |||
| TOTAL FUNDS | 154,232 | (286,655) |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Interest | Received | 650 | 16 | ||||
| 3. | CHARITABLE | ACTIVITIES COSTS | |||||
| Direct | Support | ||||||
| Costs | costs | Totals | |||||
| Grants | 229,345 | 1,536 | 230,881 | ||||
| 4. | NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||||
| 2023 | 2022 | ||||||
| Auditors' | remuneration | for non audit work | 1,536 | 1,440 | |||
| Other operating | leases | 11,000 | 11,000 |
| STAFFC | OSTS | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Wages and | salaries | 141,199 | 135,205 | |||
| Social security costs | 6,020 | 7,335 | ||||
| Other pension costs | 22,000 | 19,705 | ||||
| 169,219 | 162,245 | |||||
| The average monthly | number ofemployees | during | the year was as follows: | |||
| 2023 | 2022 | |||||
| Charitable | Activities | 6 | 6 | |||
| Governance | I | I |
| NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31MARCH 2023 |
|||
|---|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
5,034 | 5,034 | |||
| Charitable activities |
|||||
| Grants | 200,434 | 36,762 | 237,196 | ||
| Investment income |
16 | 16 | |||
| Total | 205,484 | 36,762 | 242,246 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Grants | 184,649 | 46,881 | 231,530 | ||
| Net gains on investments | 53,000 | 53,000 | |||
| NET INCOME/(EXPENDITURE) | 73,835 | (10,119) | 63,716 | ||
| Transfers between funds |
(10,175) | 10,175 | |||
| Net movement in funds |
63,660 | 56 | 63,716 | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
(359,096) | 8,725 | (350,371) | ||
| TOTAL FUNDS CARRIED FORWARD | (295,436) | 8,781 | (286,655) | ||
| 8. | TANGIBLE FIXEDASSETS | ||||
| Fixtures | |||||
| and | |||||
| fittings | |||||
| COST | |||||
| At 1 Apri12022 and 31 March 2023 | 18,563 | ||||
| DEPRECIATION | |||||
| At 1 April 2022 and 31 March 2023 |
18,563 | ||||
| NET BOOK VALUE | |||||
| At 31 March 2023 | |||||
| At 31 March 2022 |
| DEBTORS: | A | MOUNT | S FALL | ING DUE WITHIN ONE Y | EAR | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Trade debtors | 2,750 | ||||||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||||
| 2023 | 2022 | ||||||
| Trade creditors | 3,628 | 2,782 | |||||
| MOVEMENT | IN FUNDS | ||||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.4.22 | in funds | funds | 31.3.23 | ||||
| Unrestricted | funds | ||||||
| General fund |
105,564 | 9,288 | (999) | 113,853 | |||
| Pension Fund | (431,000) | 431,000 | |||||
| Development(Designated) | Fund | 30,000 | 30,000 | ||||
| Interpretors (Designated) |
Fund | 1,000 | 1,000 | ||||
| (295,436) | 440,288 | 144,853 | |||||
| Restricted funds |
|||||||
| Ceredigion Dev Worker |
4,289 | (4,237) | 52 | ||||
| Pembrokeshire | Dev Worker | (10,730) | 10,730 | ||||
| Spirituality | 616 | 616 | |||||
| Golfing Project | 3,817 | (712) | 3,105 | ||||
| Mental Health | Forums | 59 | 1,218 | 1,277 | |||
| Hywel Dda | 15,060 | (10,731) | 4,329 | ||||
| 8,781 | 599 | 9,379 | |||||
| TOTAL FUNDS | (286,655) | 440,887 | 154,232 | ||||
| Net movement | in funds, | included | in the above are as follows: | ||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| Unrestricted | funds | ||||||
| General fund |
19,227 | (9,939) | 9,288 | ||||
| Pension Fund | 431,000 | 431,000 | |||||
| 19,227 | (9,939) | 431,000 | 440,288 | ||||
| Restricted funds |
|||||||
| Ceredigion Dev |
Worker | 21,256 | (25,493) | (4,237) | |||
| Pembrokeshire | Dev Worker | 14,310 | (25,040) | (10,730) | |||
| Golfing Project | (712) | (712) | |||||
| Mental Health | Forums | 1,256 | (38) | 1,218 | |||
| Hywel Dda | 184,719 | (169,659) | 15,060 | ||||
| 221,541 | (220,942) | 599 | |||||
| TOTAL FUNDS | 240,768 | (230,881) | 431,000 | 440,887 |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.4.21 | in funds | funds | 31.3.22 | ||||
| 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 | |||
| Pembrokeshire | 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) |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 205,484 | (184,649) | 20,835 | ||
| Pension Fund | 53,000 | 53,000 | |||
| 205,484 | (184,649) | 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) | I | |
| 36,762 | (46,881) | (10,119) | |||
| TOTAL FUNDS | 242,246 | (231,530) | 53,000 | 63,716 |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.4.21 | in funds | funds | 31.3.23 | ||||
| Unrestricted | funds | ||||||
| General fund |
124,904 | 30,123 | (41,174) | 113,853 | |||
| Pension Fund | (484,000) | 484,000 | |||||
| Development(Designated) | Fund | 30,000 | 30,000 | ||||
| Interpretors (Designated) |
Fund | 1,000 | 1,000 | ||||
| (359,096) | 514,123 | (10,174) | 144,853 | ||||
| Restricted funds |
|||||||
| Ceredigion Dev |
Worker | 4,234 | (4,182) | 52 | |||
| Pembrokeshire | Dev Worker | (20,905) | 20,905 | ||||
| Spirituality | 616 | 616 | |||||
| Golfing Project | 3,817 | (712) | 3,105 | ||||
| Mental Health | Forums | 58 | 1,219 | 1,277 | |||
| Hywel Dda |
15,060 | (10,731) | 4,329 | ||||
| 8,725 | (9,520) | 10,174 | 9,379 | ||||
| TOTAL FUNDS | (350,371) | 504,603 | 154,232 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted | funds | |||||
| General fund |
224,711 | (194,588) | 30,123 | |||
| Pension Fund | 484,000 | 484,000 | ||||
| 224,711 | (194,588) | 484,000 | 514,123 | |||
| Restricted funds |
||||||
| Ceredigion Dev |
Worker | 42,512 | (46,694) | (4,182) | ||
| Pembrokeshire | Dev Worker | 28,620 | (49,525) | (20,905) | ||
| Golfing Project | (712) | (712) | ||||
| Mental Health | Forums | 2,452 | (1,233) | 1,219 | ||
| Hywel Dda | 184,719 | (169,659) | 15,060 | |||
| 258,303 | (267,823) | (9,520) | ||||
| TOTAL FUNDS | 483,014 | (462,411) | 484,000 | 504,603 |
| The amounts recognised in the statement offinancial position are as f |
ollows: | |
|---|---|---|
| 2023 | 2022 | |
| Fair value ofscheme assets | 1,487,000 | 1,509,000 |
| Present Value ofdefined benefit obligation | (1,371,000) | (1,940,000) |
| Defined benefit pension scheme surplus (deficit) | 116,000 | (431,000) |
| Defined Benefit Obligation | ||
| Changes in the defined benefit obligation are as follows: |
||
| 2023 | ||
| Present value at start ofyear | 1,940,000 | |
| Current Service Cost | 37,000 | |
| Interest | 54,000 | |
| Members' Contributions |
6,000 | |
| Past Service Cost | ||
| Remeasurements (Gains) |
(618,000) | |
| Benefits/transfers paid |
(48,000) | |
| Present value at end ofyear | 1,371,000 | |
| Fair Value ofscheme assets | ||
| Changes in the fair value ofscheme assets are as follows: |
||
| Fair Value at start ofyear | 1,509,000 | |
| Interest income | 42,000 | |
| Remeasurements (assets) |
(41,000) | |
| Administration Expenses |
||
| Employer Contributions |
19,000 | |
| Member contributions | 6,000 | |
| Benefits Paid | (48,000) | |
| Fair value at end ofyear | 1,487,000 |
| WEST WALES ACTION FOR MENTAL HEALTH | ||||||
|---|---|---|---|---|---|---|
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||||||
| FOR THE YEAR ENDED 31 MARCH 2023 | ||||||
| 2023 | 2022 | |||||
| INCOME | AND ENDOWMENTS | |||||
| Donations | and legacies | |||||
| Donations | 326 | 5,034 | ||||
| Investment | income | |||||
| Interest Received | 650 | 16 | ||||
| Charitable | activities | |||||
| Grants | 239,792 | 237,196 | ||||
| Total incoming resources |
240,768 | 242,246 | ||||
| EXPENDITURE | ||||||
| Charitable | activities | |||||
| Wages | 141,199 | 135,205 | ||||
| Social security | 6,020 | 7,335 | ||||
| Pensions | 22,000 | 19,705 | ||||
| Rent Paid | 11,000 | 11,000 | ||||
| Insurance | 903 | 878 | ||||
| Telephone | 3,485' | 4,059 | ||||
| Postage and stationery | 2,264 | 2,686 | ||||
| Advertising | 1,147 | 1,873 | ||||
| Sundries | 41,327 | 47,349 | ||||
| 229,345 | 230,090 | |||||
| Support costs | ||||||
| Governance costs |
||||||
| Auditors' | remuneration | for | non audit work | 1,536 | 1,440 | |
| Total resources expended | 230,881 | 231,530 | ||||
| Net income | before gains | and losses | 9,887 | 10,716 | ||
| Realised recognised | gains and losses | |||||
| Actuarial Losses on Pension |
431,000 | 53,000 | ||||
| Net income | 440,887 | 63,716 |