2023-06-30-accounts - Wales Quality Centre

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Trustees' annual report (incorporating			the	director's	report)
Independent examiner's report		to the	trustees
Statement offinancial	activities	(including		income and
expenditure account)
Statement offinancial	position
Notes to the financial	statements

Reference and administrative	Reference and administrative	Reference and administrative	details
Registered	charity name		Wales Quality Centre
Charity registration		number	1062140
Company registration		number	2239398
Principal office and registered			Waterton	Centre
ofhce			Waterton	Industrial	Estate
			Bridgend
			Rhondda	Cynon Taff
			CF31 3WT
The trustees
			DA Phillips
			PTip
			P Miem
			J Daniels
			C Thompson			(Appointed	23-Apr-2023)
			JBowen
			C Quinn
			R O'Neill
Senior management			D A Phillips —Chief Executive
Independent	examiner		Farzana Ahmed FCCA
			Carston Chartered		Accountants
			1st Floor,	Tudor Rouse
			16Cathedral Road
			Cardiff
			CF119LJ
Objectives and activities

		Year ende	d 30June	2023	2023
				2023		2022
				Unrestricted
				funds	Total funds	Total funds
			Note	6
income and endowments
Donations and legacies			6	16,152	16,152	16,758
Charitable activities			6	279,566	279,566	395,550
Investment income			7	2157	2,157	83
Total income				297,875	297,875	412,391
Expenditure
Expenditure on charitable		activities	8,9	323,358	323,358	288,929
Total expenditure				323,358	323,358	288,929
Net (expenditure)/income		and net movement	in funds	(25,483)	(25,483)	123,462
Reconciliation offunds
Total funds brought	foiward			341,998	341,998	218,536
Total funds carried	forward			318,515	316,515	341,998

10.	Analysis of	support	co	sts
									Analysis of
									support costs		Total 2023	Total 2022
										E	E	E
	Raff costs									42,412	42,412	37,049
	Governance	costs								2,701	2,701	2,601
										45,113	48,113	39,650
11.	Net (expenditure)/income
	Net (expenditure)/income			is	stated after charging/(crediting):
											2023	2022
											E	6
	Depreciation	oftangible	fixed assets								1,412	1,229
12.	Independent	examination			fees
											2023	2022
											E	E
	Fees payable	to the independent				examiner for:
	Independent	examination		of	the financial statements						2,700	2,690
13.	Staff costs
	The total staff costs and		employee			benefits for		the reporting		period are analysed as follows:
											2023	2022
											E	E
	Wages and salaries										146,937	137,529
	Social security costs										4~9$	3,149
	Employer contributions		to	pension		plans					3,440	3,231
											184,873	143,909
	The average	head count		of employees			during	the year	was 4 (2022:4).The average			number of
	full-time equivalent employees during the year							is analysed as follows:
											2023	2022
											No.	No.
	Number of administration			&charitable staff							4	4
	The number ofemployees			whose		remuneration		for the	year	fell within the following bands, were:
											2023	2022
											No.	No.
	E60,000to E69,999										1	1
	Key Ilanagement Personnel

15.	No trustee expenses have been incurred. Tangible fixed assets
		Fixtures and
		fittings	Equipment	Total
		6
	Cost
	At 1 July 2022 and 30June 2023	6,196	17,994	24,190
	Depreciation
	At 1 July 2022 Charge for the year	6,196	15,093 1,412	21,289 1,412
	At 30June 2023	6,196	16,505	22,701
	Carrying amount
	At 30June 2023		1,489	1,489
	At 30June 2022		2,901	2,901
16.	Debtors
			2023 f	2022
	Trade debtors		46,778	82,317
	Prepayments and accrued income Other debtors		1,457 1,153	1,594
			49,388	83,911

Creditors: amounts f	alling due within one year
		2023	2022
		E	E
Trade creditors Accruals and deferred	income	23,841 29,738	11,938 47',078
social security snd other taxes		2,540	19,833
Other creditors		1,239	2,232
		67,358	81,077