|||Contents|| |---|---|---|---| ||||Page| |Trustees report|||1 - 11| |Independent
Examiners" report|||14| |Statement ofFinancial Activities|||15| |Balance sheet|||16 - 17| |Cash flow statement|||18| |Notes to the financial|statements||19-25| |||Reference and administrative|Reference and administrative|Reference and administrative|Reference and administrative|information| |---|---|---|---|---|---|---| |Trustees|||M Stevenson (Chair)|||| ||||JWatts-Rees (Vice||Chair)|| ||||M Byrne (Treasurer)|||| ||||M A Hopwood
(resigned|||1 May 2022)| ||||D Thorne (resigned||1 May 2022)|| ||||JRafferty (resigned||1 May 2022)|| ||||JCockram|||| ||||LMaguire|||| |Registered office|||The Factory|||| ||||Jenkin Street|||| ||||Porth|||| ||||Wales|||| ||||CF399PP|||| |Accountants|||RH Jeffs &Rowe|||| ||||27/28 Gelliwastad|Road||| ||||Pontypridd|||| ||||CF372BW|||| |Bank|||Co-operative Bank|||| |Company Registration||Number|01555311|||| |Charity Registration|Number||1059118|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Total|Total| |---|---|---|---|---|---|---| ||||||year|year| ||||||to|to| |||Notes|Unrestricted|Restricted|31/03/23|31/03/22| |Income &Endowments||||||| |-Grants &Donations||2|7,581|171,349|178,930|130,603| |Activities for Generating|Funds:|||||| |-Charitable
activities||2|26,010||26,010|9,333| |Other income||2|575||575|560| |Total Income &Endowments|||34,166|171,349|205,515|140,496| |Expenditure||||||| |Charitable
activities||4|15,638|174,271|189,909|132,865| |Total Expenditure|||15,638|174,271|189,909|132,865| |Movement
in total funds|for the year:|||||| |Net Income/(Expenditure)|for the year||18,528|2,922|15,606|7,631| |Total Funds brought forward|||86,873|22,446|109,319|101,688| |Total Funds carried forward|||105,401|19,524|124,925|109,319| ||||Balance sheet|Balance sheet|||| |---|---|---|---|---|---|---|---| ||||as at 31stMarch 2023||||| |||||2023||2022|| ||||Notes||||| |Fixed Assets|||||||| |Property,
plant and||equipment|||24,911||28,574| |Current Assets|||||||| |Debtors||||20||12,027|| |Cash at bank|and in|hand||103,696||73,757|| |||||103,716||85,784|| |Creditors: amounts||falling|||||| |due within|one year||9|(3,702)||(5,039)|| |Net Current|assets||||100,014||80,745| |Net Assets|||||124,925||109,319| |Funds|||||||| |Unrestricted|Funds||10||105,401||86,873| |Restricted Funds|||11||19,524||22,446| ||||||124,925||109,319| ## ## |||||||year|year| |---|---|---|---|---|---|---|---| |||||||ended|ended| |||||||March|March| |||||||2023|2022| ||||||Notes||| |ReconciTiation ofoperating||profit to net|||||| |cash inflow from operating||activities|||||| |Operating|profit|||||15,606|7,632| |Depreciation||||||4,254|4,962| |(increase)/Decrease
in debtors||||||12,007|114| |(Decrease) in creditors||||||(1,33'/)|(9,190)| |Net cash|inflow from operating|||activities||30,530|3,518| |Net cash|inflow from operating||activities|||30,530|3,518| |Capital expenditure||||||(591)|(301)| |Increase|in cash in the year|||||29,939|3,217| |Opening|Cash and Cash equivilents|||||73,757|52,074| |Closing|Cash and Cash equivalents|||||103,696|55,291| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2.|Income dt Endowments|||Total|Total| |---|---|---|---|---|---| |||||year to|year to| |||||31/03/23|31/03/22| ||Included
within Income /k Endowments||for the year are:||| ||Grants
dr Donations||||| ||Arts Council ofWales: Covid 19Support||for Arts||25,753| ||Arts Council ofWales: What Next|Cymoedd|||1,755| ||Interlink RCT|||1,500|2,763| ||Sports Wales and WAG: Healthy
and Active Fund|||8,182|14,786| ||Garfield Weston Foundation|||15,000|| ||Moondance
Foundation||||28,543| ||TNL Community
Fund: Awards For All|||8,475|9,823| ||Rhondda
Cynon Taff|||8,391|26,192| ||Vol Act MT||||5,000| ||WCVA|||9,426|3,941| ||Youth Support Group|||1,382|6,919| ||RHA||||1,328| ||CWVYS|||7,790|| ||The Police and Crime Commissioner
for||South Wales|20,000|| ||TNL Stori Project|||98,784|| ||Eye toEye||||1,600| ||Addo Creative||||2,200| |||||178,930|130,603| ||Charitable
activities:||||| ||Fees|||26,010|9,333| |||||26,010|9,333| ||Other income:||||| ||New Horizons||||105| ||Vol Factor expenses||||157| ||Small Donations|||111|| ||Bank Interest Received|||464|298| |||||575|560| ||Net Incoming|Net Incoming|(Outgoing)/Resources|(Outgoing)/Resources|(Outgoing)/Resources|Total|Total| |---|---|---|---|---|---|---|---| |||||||year to|year to| |||||||31/03/23|31/03/22| ||This is stated||after charging/(crediting):|||g|| ||Independent|Examination||||1,050|1,000| |4.|Expenditure|||||Total|Total| |||||||year to|year to| |||||||31March 23|31March 22| ||Costs directly allocated|||to|activities|g|| ||Wages dc Salaries||including||Taxes|156,346|103,190| ||Materials, Props,||Resources||&Training|6,390|9,724| ||Premises|||||6,000|3,350| ||Costs directly allocated to activities|||||168,736|116,264| ||Support costs allocated|||to activities|||| ||Insurance|||||2,550|2,191| ||Repairs and maintenance|||||447|| ||Affiliation fees|||||865|725| ||Printing,
postage|and stationery||||1,304|906| ||Telephone|||||707|641| ||Computer costs|||||1,099|901| ||Travelling|||||4,342|1,590| ||Legal and professional|||||3,705|2,990| ||Consultancy
fees||||||681| ||Accountancy|||||1,050|1,000| ||Bank charges|||||129|1| ||Sundry expenses|||||240|13| ||Depreciation
on fixtures|||/k equipment||1,083|1,791| ||Depreciation
on motor vehicles|||||3,171|3,171| ||Support costs|||||20,692|16,601| ||Total Expenditure|||||189,428|132,865| ## ||||Total|Total| |---|---|---|---|---| ||||year to|year to| ||||31/03/23|31/03/22| |Net|Wages|paid|156,346|103,190| ||||156,346|103,190| ## ## |Tangible fixed assets||Motor|| |---|---|---|---| ||Equipment|vehicles|Total| |Cost|||| |31March 2022|92,732|31,709|124,441| |Additions|591||591| |At 31March 2023|93,323|31,709|125,032| |Depreciation|||| |31March 2022|86,354|9,513|95,867| |Charge for the year|1,083|3,171|4,254| |At 31March 2023|87,437|12,684|100,121| |Net book values|||| |At 31March 2023|5,886|19,025|24,911| |At 31March 2022|6,378|22,196|28,574| ## ||||||| |---|---|---|---|---|---| |8.|Debtors|||31/03/23|| ||Other debtors|||20|158| |||||20|158| ||Creditors: amounts|falling due||31/03/23|| ||within one year||||| ||Other taxes and social|security costs||2,652|1,586| ||Accruals|||1,050|3,453| |||||3,702|5,039| |10.|Analysis ofNet Assets between Funds||||Total| ||||Unrestricted|Restricted|31/03/23| ||||||g| ||Tangible Fixed Assets||1,234|23,677|24,911| ||Net Current Assets||104,167|(4,153)|100,014| ||||105,401|19,524|124,925| ## |Restricted Funds||||||| |---|---|---|---|---|---|---| ||||At 1Apr|Incoming|Outgoing|At 31stMar| ||||2022|Resources|Resources|2023| |Track 2000 Legacy Fund*|||22,446||2,922|19,524| |South Wales Police||||20,000|20,000|| |UK Govt Shared Prosperity|Fund|||14,692|14,692|| |Local Giving Donations||||500|500|| |RCT Winter Warm Fund||||2,000|2,000|| |TNL Community
Fund:Stori|Project|||98,784|98,784|| |TNL Community
Fund:Awards||For All||8,475|8,475|| |CWVYS||||7,790|7,790|| |Interlink RCT||||1,500|1,500|| |Interlink RCTHealthy
and Active Fund||||8,182|8,182|| |WCVA Kickstatt Programme||||9,426|9,426|| ||||22,446|171,349|(174,271)|19,524| |Unrestricted
Funds|||86,873|34,166|15,639|105,401| |TotalFunds|||109,319|205,515|189,910|124,925| ## ## ||||31|March 2023|31|March 2022| |---|---|---|---|---|---|---| |||||||K| |Income||||||| |Fees||||26,010||9,333| |Arts Council ofWales||||||27,508| |Interlink RCT||||9,682||2,763| |Sports Wales and|WAG: Healthy|and Active Fund||||14,786| |Garfield Weston Foundation||||15,000||| |Moondance
Foundation||||||28,543| |Eye to Eye||||||1,600| |Addo Creative||||||2,200| |TNL Community|Fund: Awards|For All||8,475||9,823| |Rhondda
Cynon Taft||||8,391||26,192| |Vol Act MT||||||5,000| |WCVA||||9,426||3,941| |Youth Support Group||||1,382||6,919| |RHA||||||1,328| |CWVYS||||7,790||| |The Police and Crime Commissioner
for South Wales||||20,000||| |TNL Stori Project||||98,784||| |||||204,940||139,936| |Expenditure||||||| |Materials, Props, Resources &Training|||6,390||9,724|| |Wages and salaries|||156,346||103,190|| |Premises|||6,000||3,350|| |Insurance|||2,550||2,191|| |Repairs and maintenance|||447|||| |Affiliation fees|||865||725|| |Printing,
postage|and stationery||1,304||906|| |Telephone|||707||641|| |Computer costs|||1,099||901|| |Travelling|||4,342||1,590|| |Entertaining|||481|||| |Legal and professional|||3,705||2,990|| |Consultancy
fees|||||681|| |Bank charges|||129||1|| |Sundry expenses|||240||13|| |Depreciation
on fixtures &equipment|||1,083||1,791|| |Depreciation
on motor vehicles|||3,171||3,171|| |Accountancy|||1,050||],000|| |||||189,909||132,865| |Other operating|income|||||| |Other income||||575||560| |Operating
profit||||15,606||7,631|