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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||||||
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|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||||||||
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|||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|
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|||Year ended 3|0June|2023|||
|---|---|---|---|---|---|---|
|||||2023||2022|
|||||6|||
|Fixed assets|||||||
|Tangible fixed assets|||15||1,489|2,901|
|Current assets|||||||
|Debtors|||18|49,398||83,911|
|Cash at bank and in|hand|||322,996||336,263|
|||||372,384||420,174|
|Creditors: amounts|falling due within one year||17|57,358||81,077|
|Net current assets|||||315,026|339,097|
|Total assets less current||liabilities|||316,515|341,998|
|Net assets|||||316,515|341,998|
|Funds ofthe charity|||||||
|Unrestricted
funds|||||316,515|34'l,998|
|Total charity funds|||||316,515|341,998|
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|5.|Donations|Donations|and legacies|and legacies|and legacies||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2023|Funds|2022|
||||||||E|E|E|E|
||Grants||||||||||
||Government|||CJRS grant|||||1,565|1,585|
||Subscriptions||||||||||
||Subscriptions||||||16,152|16,'t52|15,193|15,193|
||||||||16,152|16,152|18,758|16,758|
|6.|Charitable||activities||||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2023|Funds|2022|
||||||||E.|E||E|
||Training|and||business|advisory||||||
||services||||||279,566|279,566|395,550|395,550|
|7.|investment||Income||||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2023|Funds|2022|
||||||||E|E|F.|E|
||Bank interest|||received|||2,157|2,157|83|83|
|8.|Expenditure|||on charitable||activities|by fund type||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2023|Funds|2022|
|||||||||E||E|
||Training|and|business||advisory||||||
||services||||||278,245|278,245|249,279|249,279|
||Support|costs|||||45,113|45,113|39,650|39,650|
||||||||323,358|323,358|288,929|288,929|
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|Expendi|ture|on chari|table
activitie|s
by activity type||||
|---|---|---|---|---|---|---|---|
|||||Activities||||
|||||undertaken|Support|Total funds|Total fund|
|||||directly|costs|2023|2022|
||||||E|E|E|
|Training|and|business|advisory|||||
|services||||278,245|42,412|320,657|286,326|
|Governance||costs|||2,701|2,701|2,601|
|||||278,245|45,113|323,358|288,929|
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|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||||||||||||
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|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|
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|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|
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|Unrestricted
funds||||||
|---|---|---|---|---|---|
||||||At|
||At|||30June 202||
||'I July 2022|Income|Expenditure||3|
||E|E|E||E|
|General funds|341,998|297,875|(323,358)||316,515|
||At||||At|
||1 July 2021|Income|Expenditure|30|June 2022|
||E|E|E|||
|Generalfunds|218,536|412,391|(288,929)||341,998|
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|Analysis of net as|sets between funds|||
|---|---|---|---|
|||Unrestricted|TotalFunds|
|||Funds|2023|
|||E|E|
|Tangible fixed assets||1,489|1,489|
|Current assets||372,384|372,384|
|Credilors less than|1 year|(57,358)|(57,358)|
|Net assets||316,515|316,615|
|||Unrestricted|Total Funds|
|||Funds|2022|
|||E|E|
|Tangible fixed assets||2,901|2,901|
|Current assets||420,174|420,174|
|Creditors less than|1year|(81,077)|(81,077)|
|Net assets||341,998|341,998|
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|The total|future|future|minimum|lease payments|under non-cancellable|operating|leases are|as follows:|
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
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|Not later than||1|year||||793|1,586|
|Later than|1 year and not|||later than 5years||||1,561|
||||||||793|3,147|
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