| Page | ||
|---|---|---|
| Report ofthe Trustees | ||
| Report ofthe Independent Examiner |
||
| Statement ofFinancial | Activities | 3 |
| Balance Sheet | ||
| Notes to the Financial | Statements | 5 to 12 |
| Detailed Statement of | Financial Activities | 13 |
| Charity | Number: | Number: | 1055211 | ||
|---|---|---|---|---|---|
| Company | Number: | 3180805 | |||
| Registered | Office: | Canton House | |||
| 435 Cowbridge | Road | East | |||
| Cardiff | |||||
| CF5 1JH | |||||
| Directors / | Trustees: | Clayton Williams | Chair | ||
| Paul Sutton | |||||
| Owen Thomas | K.C | ||||
| Dennis Clarke | |||||
| Rhodri Davies | |||||
| Haydn Osborne | (Resigned 11.05.2021) |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| Income and endowments | from: | ||||||
| Donations and legacies |
10,000 | 10,000 | 10,000 | ||||
| Charitable activities |
227,717 | 113,757 | 341,474 | 278,766 | |||
| Investments | 85 | 85 | 60 | ||||
| Other | 178 | ||||||
| Total Income | 237&802 | 113,757 | 351,559 | 289,004 | |||
| Charitable activities |
202,476 | 126,647 | 329,123 | 248,182 | |||
| Total Expenditure | ~12 4C |
~~ | 241~12 | ||||
| Net income/(expenditure) | 35,326 | (12,890) | 22,436 | 40,822 | |||
| Transfer between | funds | (532) | 532 | ||||
| Net movement in |
funds | 34,794 | (12,358) | 22,436 | 40,822 | ||
| Reconciliation ofFunds |
|||||||
| Total funds bought | forward | 173421 | 26 194 | 199615 | 158793 | ||
| Total funds carried | forward | 16 | 21l8~i | ~13 @ | 2;~+I}51 | ~199 5 |
| 202? | 2021 | ||
|---|---|---|---|
| ~No | |||
| FIXEDASSETS | |||
| Tangible Assets | 10 | 1,122 | 501 |
| CURRENT ASSETS | |||
| Debtors | 4+53 | 5,174 | |
| Cash atBank and in Hand | 225025 | 202 394 | |
| 2?9+78 | 207,568 | ||
| CREDITORS: Amounts | Falling | ||
| Due within One Year | 12 | 8449 | 8454 |
| NET CURRENT ASSETS | 220 29 | 199 114 | |
| TOTAL ASSETSLESS | CURRENT LIABILITES | ||
| FUNDS | 16 | ||
| Unrestricted funds |
208/15 | 173,421 | |
| Restricted funds | ~13836 | 26 194 | |
| TOTAL FUNDS |
| This is stated after charging:- | This is stated after charging:- | This is stated after charging:- | 2022 | 2021 |
|---|---|---|---|---|
| Depreciation | on owned | assets | 1,622 | 3,467 |
| Independent | Examiners | Fees | ~1840 | 1 806 |
| ~27 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 3 | Income: Donations and legacies |
|||
| Donations received |
I0000 | |||
| All donation &legacy income is unrestricted | in 2022 and the 2021 year. | |||
| 2022 | 2021 | |||
| 4 | Income from charitable activities |
~4~ | 278 766 | |
| Grants received, included in the above, are as |
follows: | 2022 | 2021 | |
| Total | Total | |||
| Unrestricted rants &contracts receivable: |
||||
| Cardiff City Council - Service specification | 14S,136 | 145,231 | ||
| Vale County Council - Letter ofUnderstanding | 51,302 | 49,328 | ||
| Ludlow Street Health Care | 21,S52 | 21,853 | ||
| Ocean Community Services Ltd |
6,427 | 6,427 | ||
| 227,717 | 222,839 | |||
| Restricted rants receivable |
||||
| National Lottery Community Fund |
84,007 | 41,327 | ||
| The Herny Smith Charity | 29,750 | 14,600 | ||
| 113,757 | 55,927 |
| 5 | Investments | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Bank interest received | 60 | ||||
| All investment | income is unrestricted | in 2022 and the 2021 year, | |||
| 6 | Other | 2022 | 2021 | ||
| Gain on disposal | ofFixed Asset | 178 | |||
| All other income is unrestricted. |
| Restricted | Restricted | Restricted | Restricted | Restricted | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ~Th | Vi | t | ~NL | L tt | Restricted | |||||||||||
| Unrestricted | Restricted | ~Mone | C | ttt | T~hH | 2tt22 | 202t | |||||||||
| Note | ~Fundin | Nationwide | Foundation | Fund | $ | tth Ch | ttt | TOTAL | TOTAL | |||||||
| Direct costs | ||||||||||||||||
| Salaries, Nl and Pensions | 8 | 163,782 | 11,525 | 76,397 | 27,063 | 278,767 | 200,348 | |||||||||
| Recruitment Costs |
47 | 47 | 372 | |||||||||||||
| StaffTravel Expenses | 1,709 | 864 | 2,572 | 373 | ||||||||||||
| Su ort costs allocated |
to activities - staff usa | e | ||||||||||||||
| Rent &Rates | 13,63I | 416 | 3,257 | 1,140 | 18,444 | 18,219 | ||||||||||
| Utilities, Repairs, Equipment | &IT | 3,699 | 114 | 1,621 | 567 | 6,001 | 7,821 | |||||||||
| Print, Stat,photocopier | lease | 90 | 411 | 144 | 646 | 632 | ||||||||||
| Telephone &Postages | 1,394 | 56 | 576 | 156 | 2,183 | 2,168 | ||||||||||
| Insurances | 881 | 38 | 326 | 114 | 1,359 | 1,330 | ||||||||||
| Volunteer &Meeting Expenses | 159 | 103 | 36 | 298 | ||||||||||||
| Professional Fees &Subs |
3,161 | 377 | 132 | 3,670 | ||||||||||||
| Publicity and Promotion |
757 | 757 | ||||||||||||||
| Office Sundries and Cleaning |
58 | 13 | 75 | 138 | ||||||||||||
| Depreciation | 1,622 | 1,622 | 3,467 | |||||||||||||
| Governance costs |
12,242 | 326 | 114 | 12,682 | 12,203 | |||||||||||
| 202,476 | 12,149 | 757 | 84,271 | 29,470 | 329,123 | 248,182 | ||||||||||
| Governance costs were |
as follows: | |||||||||||||||
| Salaries, NI and Pensions | 8 | 10,159 | 10,159 | 9,715 | ||||||||||||
| Professional Fees |
13 | 13 | 13 | |||||||||||||
| Insurances | 545 | 545 | 544 | |||||||||||||
| Bank Charges | 125 | 125 | 125 | |||||||||||||
| Independent Examiners |
Fees | 1,400 | 326 | 114 | 1,840 | 1,806 | ||||||||||
| 12242 | 326 | 114 | 12,682 | 12,203 |
| 8 | STAFF COSTS AND | NUMBERS | NUMBERS | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Salaries and Wages | 255,955 | 186,197 | |||||||
| Social Security Costs | ~17591 | 11718 | |||||||
| 273,546 | 197,915 | ||||||||
| Pension contributions | to defined Contributions | Scheme | ~15380 | 12 148 | |||||
| 210063 | |||||||||
| Allocated as lollows: | |||||||||
| Charitable activities |
278,767 | 200,348 | |||||||
| Governance | 10,159 | 9715 | |||||||
| 210063 | |||||||||
| No employee received |
emoluments | of | more than 560,000 | ||||||
| The number ofemployees | (part-time | and full-time) | during | 2022 | 2021 | ||||
| the year was as follows:- | |||||||||
| Cost ofactivities in furtherance ofthe |
charity's | objectives | 11.8 | 10.8 | |||||
| Governance Costs |
0.2 | 0.2 | |||||||
| 12 | 11 |
| COMPARA | TIVES | FOR | THE STATEM | ENT OF FINANCIAL AC | TIVITIES | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds 2021 | funds 2021 | funds 2021 | ||||
| Income and | endowments | from: | ||||
| Donations | and legacies | 10,000 | 10,000 | |||
| Charitable | activities | 222,839 | 55,927 | 278,766 | ||
| Investment | income | 60 | 60 | |||
| Other | 178 | 178 | ||||
| Total Income | 233,077 | 55,927 | 289,004 | |||
| Ex enditure | on: | |||||
| Charitable | activities | 169,324 | 78,858 | 248,182 | ||
| Total Expenditure | 169,324 | 78,858 | 248,182 | |||
| Net income/(expenditure) | 63,753 | (22,931) | 40,822 | |||
| Reconciliation ofFunds |
||||||
| Total funds | brought | forward | 109668 | 49 126 | 168793 | |
| Total funds | carried | forward | 173,421 | 26,194 | 199,616 |
| 10 | TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | ~Cum | uter | |
|---|---|---|---|---|---|
| ~Eui ment | |||||
| COST | |||||
| At 1stApril 2021 | 6,933 | ||||
| Additions in the Year |
2 244 | ||||
| At 31stMarch 2022 | |||||
| DEPRECIATION | |||||
| At 1stApril 2021 | 6,433 | ||||
| Charge for the Year | 1 622 | ||||
| At 31stMarch 2022 | |||||
| NET BOOK VALUE | |||||
| At 31stMarch 2022 | ~122 | ||||
| At 31stMarch 2021 | 501 | ||||
| 11 | DEBTORS | 2022 | 2021 | ||
| Amounts due within |
one year: | ||||
| Prepayments | 4353 | 5 174 | |||
| 5 174 | |||||
| 12 | CREDITORS | 2022 | 2021 | ||
| Amounts falling due within one year: |
|||||
| Accrued Expenses | 2,407 | 2,921 | |||
| PAYE | 6,042 | 5,533 | |||
| ~42 | 8 454 |
| Unrestric | Restricted | 2022 Total | 2021 Total | ||
|---|---|---|---|---|---|
| ted fund | funds | funds | funds | ||
| Fixed assets | 1,122 | 1,122 | 501 | ||
| Current | assets | 214,276 | 15,102 | 229,37S | 207,568 |
| Current | liabilities | (7,183 | 1,266) | (S,449) | (8,454) |
| 208,215 | 13,836 | 222,051 | 199,615 |
| Balance | Transfer | Balance | ||||
|---|---|---|---|---|---|---|
| 01/04/2021 | Income | between | ~Ex enditure | 31/03/2022 | ||
| funds | ||||||
| Unrestricted funds |
173421 | 237 S02 | ~532 | 202 476 | 20S215 | |
| Restricted funds |
||||||
| Lloyds Bank Foundation | ||||||
| Nationwide | 12,149 | 12,149 | ||||
| The Virgin Money Foundation | 225 | 532 | 757 | |||
| National Lottery Community |
Fund | 6,503 | 84,007 | 84,271 | 6,239 | |
| The Henry Smith Charity | 7,317 | 29,750 | 29,470 | 7,597 | ||
| 26,194 | 113,757 | 532 | 126,647 | 13,836 | ||
| TOTAL FUNDS | 1999615 | 351,559 | — | 329,123 | 222,051 | |
| COMPARATIVES FOR MOVEMENT IN FUNDS | YEAR TO31STMARCH 2021 | |||||
| Transfer | ||||||
| Balance | between | Balance | ||||
| 01/04/2020 | Income | funds | ~Ex enditure | 31/03/2021 | ||
| Unrestricted funds |
109660 | 233077 | - | 169324 | 173421 | |
| Restricted funds |
||||||
| Lloyds Bank Foundation | 19,426 | 19,426 | ||||
| Nationwide | 28,349 | 16,200 | 12,149 | |||
| The Virgin Money Foundation | 700 | 475 | 225 | |||
| National Lottery Community |
Fund | 650 | 41,327 | 35,474 | 6,503 | |
| The Henry Smith Charity |
14,600 | 7,283 | 7,317 | |||
| 49,125 | 55,927 | - | 78,858 | 26,194 | ||
| TOTAL FUNDS | 15S,793 | 2S9,004 | - | 248,1S2 | 199,615 |
| POSITION ISAS FOLLOW | S: | |||||
|---|---|---|---|---|---|---|
| Transfer | ||||||
| Balance | between | Balance | ||||
| 01/04/2020 | Income | funds | ~Ex end//ure | 31/03/2022 | ||
| Unrestricted funds |
109668 | 470 879 | ~532 | 371 800 | 208 215 | |
| Restricted funds | ||||||
| Lloyds Bank Foundation | 19,426 | 19,426 | ||||
| Nationwide | 28,349 | 28,349 | ||||
| The Virgin Money Foundation | 700 | 532 | 1,232 | |||
| National Lottery Community |
Fund | 650 | 125,334 | 119,745 | 6,239 | |
| The Henry Smith Charity | 44,350 | 36,753 | 7,597 | |||
| 49,125 | 169,684 | 532 | 205,505 | 13,836 | ||
| TOTAL FUNDS | 158,793 | 640,563 | 577,305 | 222,051 |
| Income and endowments | 2022 | 2021 | ||
|---|---|---|---|---|
| Cardiff City Council - Service specification | 148,136 | 145,231 | ||
| Vale County Council - Letter ofUnderstanding | 51,302 | 49,328 | ||
| Ludlow Street Health Care | 21,852 | 21,853 | ||
| Ocean Community Services Ltd |
6,427 | 6,427 | ||
| National Lottery Community |
Fund | 84,007 | 41,327 | |
| The Henry Smith Charity | 29,750 | 14,600 | ||
| Unrestricted Donations |
10,000 | 10,000 | ||
| Bank interest | 85 | 60 | ||
| Gain on disposal ofFixed Asset | 178 | |||
| Total incoming resources |
351,559 | 289,004 | ||
| Ex enditure | ||||
| Salaries, NI and Pensions | 288,926 | 210,063 | ||
| Recruitment Costs |
47 | 372 | ||
| Staff Travel Expenses Rent k Rates |
2,572 18,444 |
373 18,219 |
||
| Utilities, Repairs, Equipment | k, IT | 6,001 | 7,821 | |
| Print, Stationery and Photocopying |
(inc lease ofcopier) | 646 | 632 | |
| Telephone A Postages |
2,183 | 2,168 | ||
| Insurances | 1,904 | 1,874 | ||
| Volunteer EcMeeting Expenses Professional fees4 subscriptions |
298 3,683 |
1,124 | ||
| Publicity and Promotion |
757 | |||
| Office Sundries and Cleaning |
75 | 138 | ||
| Depreciation | 1,622 | 3,467 | ||
| Bank Charges | 125 | 125 | ||
| Independent Examiners Fees |
1,840 | 1806 | ||
| Total resources expended | 329,123 | 248,182 | ||
| Net income | 22,436 | 40,822 |