This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2022-03-31-accounts
|
|
|
|
31.3.22 |
31.3.21 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
hinds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Donations and legacies |
2 |
1,839 |
- |
1,839 |
1,558 |
| Charitable activities |
5 |
|
|
|
|
| Third Sector Support |
|
224,868 |
320,609 |
545,477 |
768,237 |
| Other trading activities |
3 |
2,527 |
- |
2,527 |
4,833 |
| Investment income |
4 |
28,629 |
- |
28,629 |
39,609 |
| Other income |
|
- |
- |
- |
75 |
| Total |
|
257,863 |
320,609 |
578,472 |
814,312 |
| EXPENDITURE ON |
|
|
|
|
|
| Raising funds |
|
56,286 |
- |
56,286 |
55,015 |
| Charitable activities |
6 |
|
|
|
|
| Third Sector Support |
|
226,986 |
333,322 |
560,308 |
525,370 |
| Other |
|
36,000 |
- |
36,000 |
30,000 |
| Total |
|
319,272 |
333,322 |
652,594 |
610,385 |
| NET INCOME/(EXPENDITURE) |
|
(61,409) |
(12,713) |
(74,122) |
203,927 |
| Transfers between funds |
18 |
33,760 |
(33,760) |
- |
- |
| Other recognised gains/(losses) |
|
|
|
|
|
| Actuarial gains/(losses) on defined benefit |
|
|
|
|
|
| schemes |
|
187,000 |
|
187,000 |
(4,000) |
| Net movement in funds |
|
159,351 |
(46,473) |
112,878 |
199,927 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
(555,186) |
198,603 |
(356,583) |
(556,509) |
| TOTAL FUNDS CARRIED FORWARD |
|
(395,835) |
152,130 |
(243,705) |
(356,582) |
|
|
|
|
31.3.22 |
31.3.21 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
funds |
hinds |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
| Tangible assets |
13 |
25,871 |
115,225 |
141,096 |
156,731 |
| CURRENT ASSETS |
|
|
|
|
|
| Debtors |
14 |
4,351 |
21,070 |
25,421 |
89,884 |
| Cash at bank and in hand |
|
276,801 |
39,225 |
316,026 |
360,573 |
|
|
281,152 |
60,295 |
341,447 |
450,457 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
15 |
(53,284) |
(23,390) |
(76,674) |
(155,887) |
| NET CURRENT ASSETS |
|
227,868 |
36,905 |
264,773 |
294,570 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
| LIABILITIES |
|
253,739 |
152,130 |
405,869 |
451,301 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due after more than one year |
16 |
(11,574) |
- |
(11,574) |
(18,884) |
| PENSION LIABILITY |
19 |
(638,000) |
- |
(638,000) |
(789,000) |
| NET ASSETS/(LIABILITIES) |
|
(395,835) |
152,130 |
(243,705) |
(356,583) |
| FUNDS |
18 |
|
|
|
|
| Unrestricted funds |
|
|
|
(395,835) |
(555,186) |
| Restricted funds |
|
|
|
152,130 |
198,603 |
| TOTAL FUNDS |
|
|
|
(243,705) |
(356,583) |
|
|
31.3.22 |
31.3.21 |
|
Notes |
£ |
£ |
| Cash flows from operating activities |
|
|
|
| Cash generated from operations |
1 |
(32,469) |
308,324 |
| Net cash (used in)/provided by operating activities |
|
(32,469) |
308,324 |
| Cash flows from investing activities |
|
|
|
| Purchase of tangible fixed assets |
|
(4,797) |
(1,173) |
| Sale of tangible fixed assets |
|
- |
75 |
| Interest received |
|
_____29 |
______9 |
| Net cash used in investing activities |
|
(4,768) |
(1,089) |
| Cash flows from financing activities |
|
|
|
| Capital repayments in year |
|
(7,310) |
(7,310) |
| Net cash used in financing activities |
|
(7,310) |
(7,310) |
| Change in cash and cash equivalents in |
|
|
|
| the reporting period |
|
(44,547) |
299,925 |
| Cash and cash equivalents at the |
|
|
|
| beginning of the reporting period |
|
360,573 |
60,648 |
| Cash and cash equivalents at the end of |
|
|
|
| the reporting period |
|
316,026 |
360,573 |
RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET
OPERATING ACTIVITIES |
CASH FLOW FROM |
|
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| Net (expenditure)/income for the reporting period (as per the |
|
|
| Statement of Financial Activities) |
(74,122) |
203,926 |
| Adjustments for: |
|
|
| Depreciation charges |
20,432 |
19,233 |
| Profit on disposal of fixed assets |
- |
(75) |
| Interest received |
(29) |
(9) |
| Decrease/(increase) in debtors |
64,463 |
(87,239) |
| (Decrease)/increase in creditors |
(79,213) |
134,488 |
| Difference between pension charge and cash contributions |
36,000 |
38,000 |
| Net cash (used in)/provided by operations |
(32,469) |
308,324 |
|
At 1.4.21 |
Cashflow |
At 31.3.22 |
|
£ |
£ |
£ |
| Net cash |
|
|
|
| Cash at bank and in hand |
360,573 |
(44,547) |
316,026 |
|
360,573 |
(44,547) |
316,026 |
| Debt |
|
|
|
| Finance leases |
(26,194) |
7,310 |
(18,884) |
|
(26,194) |
7,310 |
(18,884) |
| Total |
334,379 |
(37,237) |
297,142 |
| DONATIONS AND LEGACIES |
|
|
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| Donations |
115 |
238 |
| Membership |
1,724 |
1,320 |
|
1,839 |
1,558 |
| OTHER TRADING ACTIVITIES |
|
|
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| Photocopying and telephone charges |
13 |
1,913 |
| Training workshops |
554 |
|
| Room Hire |
- |
1,000 |
| Office cleaning |
1,560 |
1,560 |
| Consultancy |
400 |
360 |
|
2,527 |
4,833 |
| INVESTMENT INCOME |
|
|
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| Rents received |
28,600 |
39,600 |
| Deposit account interest |
29 |
9 |
|
28,629 |
39,609 |
| INCOME FROM CHARITABLE ACTIVITIES |
|
|
|
31.3.22 |
31.3.21 |
|
Third |
|
|
Sector |
Total |
|
Support |
activities |
|
£ |
£ |
| Third sector support |
10,391 |
25,073 |
| Grants |
535,086 |
743,164 |
|
545,477 |
768,237 |
| Grants received, included in the above, are as follows: |
|
|
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| WCVA - Third Sector Support Wales |
189,367 |
325,948 |
| Carmarthenshire County Council |
25,110 |
25,110 |
| Gwirvol Youth Led Grant |
6,650 |
6,650 |
| CCC OAP grant distribution |
- |
(673) |
| Transformation Programme |
61,859 |
72,146 |
| Health and Wellbeing (ICF/Transformation) |
41,000 |
42,028 |
| Age Cymru |
- |
38,863 |
| South West Wales Connected Community Rail Partnership |
33,247 |
- |
| National Lottery Community Fund - The New Infrastructure Programme |
49,353 |
- |
| Voluntary Recovery (Welsh Government) |
- |
152,991 |
| WCVA Comic Relief Covid-19 Funding |
- |
26,591 |
| Voluntary Services Emergency Fund (WCVA) |
* |
53,510 |
| Winter Pressures (WCVA) |
60,523 |
- |
| Carmarthenshire County Council Food Poverty Fund |
10,400 |
- |
| Welsh Govenment Connect Communities Loneliness and Isolation Fund |
|
|
| 2021-2024 |
22,727 |
- |
| Carmarthenshire County Council Community Carers Funding |
30,000 |
* |
| Carmarthenshire County Council - Carmarthenshire Local Action Group - |
|
|
| Leader |
4,850 |
- |
|
535,086 |
743,164 |
|
|
Grant |
|
|
|
|
funding of |
|
|
|
|
activities |
Support |
|
|
Direct |
(see note |
costs (see |
|
|
Costs |
7) |
note 8) |
Totals |
|
£ |
£ |
£ |
£ |
| Third Sector Support |
293,829_159,714 |
|
106,765 |
560,308 |
| GRANTS PAYABLE |
|
|
|
|
|
|
|
31.3.22 |
31.3.21 |
|
|
|
£ |
£ |
| Third Sector Support |
|
|
159,714 |
93,275 |
| SUPPORT COSTS |
|
|
|
|
|
|
|
Governance |
|
|
Management |
Other |
costs |
Totals |
|
£ |
£ |
£ |
£ |
| Third Sector Support |
95,463 |
4,102 |
7,200 |
106,765 |
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| Auditors' remuneration |
4,140 |
4,140 |
| Auditors' remuneration for non audit work |
3,060 |
3,060 |
| Depreciation - owned assets |
13,122 |
11,925 |
| Depreciation - assets on hire purchase contracts and finance leases |
7,310 |
7,310 |
| Surplus on disposal of fixed assets |
______ |
(75) |
| STAFF COSTS |
|
|
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| Wages and salaries |
263,659 |
237,233 |
| Social security costs |
18,280 |
15,336 |
| Other pension costs |
38,699 |
36,392 |
|
320,638 |
288,961 |
|
31.3.22 |
31.3.21 |
| Support and administrative staff |
2 |
2 |
| Managerial staff |
1 |
1 |
| Third sector support |
____9 |
____8 |
|
12 |
11 |
| COMPARATIVES FOR THE STATEMENT OF FI |
NANCIAL ACTIVITIES |
|
|
|
Unrestricted |
Restricted |
Total |
|
fund |
funds |
funds |
|
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Donations and legacies |
1,558 |
- |
1,558 |
| Charitable activities |
|
|
|
| Third Sector Support |
376,132 |
392,105 |
768,237 |
| Other trading activities |
4,833 |
|
4,833 |
| Investment income |
39,609 |
- |
39,609 |
| Other income |
75 |
- |
75 |
| Total |
422,207 |
392,105 |
814,312 |
| **12. COMPARATIVES FOR THE STATEMENT ** |
**12. COMPARATIVES FOR THE STATEMENT ** |
**OF FINANCIAL ** |
**ACTIVITIES ** |
- continued |
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
fund |
funds |
funds |
|
|
|
£ |
£ |
£ |
| EXPENDITURE ON |
|
|
|
|
|
| Raising funds |
|
|
52,851 |
2,164 |
55,015 |
| Charitable activities |
|
|
|
|
|
| Third Sector Support |
|
|
182,116 |
343,254 |
525,370 |
| Other |
|
|
30,000 |
- |
30,000 |
| Total |
|
|
264,967 |
345,418 |
610,385 |
| NET INCOME |
|
|
157,240 |
46,687 |
203,927 |
| Transfers between funds |
|
|
4,916 |
(4,916) |
- |
| Other recognised gains/(losses) |
|
|
|
|
|
| Actuarial gains/(losses) on defined benefit |
|
|
|
|
|
| schemes |
|
|
(4,000) |
|
(4,000) |
| Net movement in funds |
|
|
158,156 |
41,771 |
199,927 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
|
(713,341) |
156,832 |
(556,509) |
| TOTAL FUNDS CARRIED FORWARD |
|
|
(555,185) |
198,603 |
(356,582) |
| 13. TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
|
Fixtures |
|
|
|
|
Short |
and |
Motor |
Computer |
|
|
leasehold |
fittings |
vehicles |
equipment |
Totals |
|
£ |
£ |
£ |
£ |
£ |
| COST |
|
|
|
|
|
| At 1 April 2021 |
266,483 |
100,901 |
1,200 |
41,603 |
410,187 |
| Additions |
|
|
|
4,797 |
4,797 |
| At 31 March 2022 |
266,483 |
100,901 |
1,200 |
46,400 |
414,984 |
| DEPRECIATION |
|
|
|
|
|
| At 1 April 2021 |
138,572 |
100,901 |
1,200 |
12,783 |
253,456 |
| Charge for year |
10,659 |
- |
- |
9,773 |
20,432 |
| At 31 March 2022 |
149,231 |
100,901 |
1,200 |
22,556 |
273,888 |
| NET BOOK VALUE |
|
|
|
|
|
| At 31 March2022 |
117,252 |
- |
- |
23,844 |
141,096 |
| At 31 March 2021 |
127,911 |
- |
- |
28,820 |
156,731 |
| 13. |
TANGIBLE FIXED ASSETS - continued |
|
|
|
Fixed assets, included in the above, which are held under finance leases are as follows: |
|
|
|
|
|
Computer |
|
|
|
equipment |
|
|
|
£ |
|
COST |
|
|
|
At 1 April 2021 and 31 March 2022 |
|
36,549 |
|
DEPRECIATION |
|
|
|
At 1 April 2021 |
|
10,356 |
|
Charge for year |
|
7,310 |
|
At 31 March 2022 |
|
17,666 |
|
NET BOOK VALUE |
|
|
|
At 31 March 2022 |
|
18,883 |
|
At 31 March 2021 |
|
26,193 |
| 14. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
31.3.22 |
31.3.21 |
|
|
£ |
£ |
|
Trade debtors |
220 |
25,690 |
|
Other debtors |
- |
760 |
|
Grant debtor |
21,070 |
59,914 |
|
Prepayments and accrued income |
4,131 |
3,520 |
|
|
25,421 |
89,884 |
| 15. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
31.3.22 |
31.3.21 |
|
|
£ |
£ |
|
Finance leases (see note 17) |
7,310 |
7,310 |
|
Trade creditors |
7,576 |
3,738 |
|
Social security and other taxes |
10,218 |
5,230 |
|
Other creditors |
14,211 |
4,775 |
|
Deferred income |
7,150 |
108,383 |
|
Accrued expenses |
30,209 |
26,451 |
|
|
76,674 |
155,887 |
|
|
|
31.3.22 |
|
|
|
£ |
|
Balance brought forward |
|
108,383 |
|
Released in the year |
|
(108,383) |
|
Deferred in the year |
|
23,150 |
|
Balance carried forward |
|
23,150 |
| 16. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
|
|
|
|
31.3.22 |
31.3.21 |
|
|
£ |
£ |
|
Finance leases (see note 17) |
11,574 |
18,884 |
| 17. |
LEASING AGREEMENTS |
|
|
|
Minimum lease payments fall due as follows: |
|
|
|
Finance leases |
Finance leases |
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| Net obligations repayable: |
|
|
| Within one year |
7,310 |
7,310 |
| Between one and five years |
11,574 |
18,884 |
|
18,884 |
26,194 |
|
Non-cancellable operating |
|
|
|
leases |
|
31.3.22 |
31.3.21 |
|
£ |
£ |
| Within one year |
554 |
665 |
| Between one and five years |
- |
554 |
|
554 |
1,219 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.4.21 |
in funds |
funds |
31.3.22 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
(555,186) |
125,591 |
33,760 |
(395,835) |
| Restricted funds |
|
|
|
|
| The Mount-NAW-Capital |
96,000 |
(8,000) |
- |
88,000 |
| The Mount - Lottery - Capital |
29,700 |
(2,475) |
- |
27,225 |
| Gwirvol Youth Led Grant |
10,830 |
2,650 |
- |
13,480 |
| CUSP/Health and Wellbeing Fund |
- |
17,184 |
(17,184) |
- |
| Transformation Fund |
18,403 |
(10,490) |
(3,395) |
4,518 |
| Dementia (ICF) Fund |
8,686 |
(5,000) |
- |
3,686 |
| Welsh Government Grant distribution fund |
31,769 |
(27,555) |
(141) |
4,073 |
| Comic Relief Grant Distribution fund |
3,359 |
(3,500) |
141 |
- |
| Changemakers fund |
(144) |
1,994 |
(2,000) |
(150) |
| NLCF New Infrastructure fund |
- |
1,599 |
(1,599) |
- |
| Food Poverty fund |
- |
4,776 |
- |
4,776 |
| Winter Pressures fund |
- |
12,810 |
(12,810) |
- |
| Winter Pressures grant distribution fund |
- |
- |
3,228 |
3,228 |
| Unpaid Carers Respite grant fund |
- |
3,294 |
- |
3,294 |
|
198,603 |
(12,713) |
(33,760) |
152,130 |
| TOTAL FUNDS |
(356,583) |
112,878 |
- |
(243,705) |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
257,863 |
(319,272) |
187,000 |
125,591 |
| Restricted funds |
|
|
|
|
| The Mount-NAW-Capital |
- |
(8,000) |
- |
(8,000) |
| The Mount - Lottery - Capital |
- |
(2,475) |
- |
(2,475) |
| Gwirvol Youth Led Grant |
6,650 |
(4,000) |
- |
2,650 |
| CUSP/Health and Wellbeing Fund |
41,000 |
(23,816) |
- |
17,184 |
| Transformation Fund |
61,859 |
(72,349) |
- |
(10,490) |
| Dementia (ICF) Fund |
- |
(5,000) |
- |
(5,000) |
| Welsh Government Grant distribution fund |
- |
(27,555) |
- |
(27,555) |
| Comic Relief Grant Distribution fund |
- |
(3,500) |
- |
(3,500) |
| Changemakers fund |
33,247 |
(31,253) |
- |
1,994 |
| NLCF New Infrastructure fund |
49,353 |
(47,754) |
- |
1,599 |
| Food Poverty fund |
10,400 |
(5,624) |
- |
4,776 |
| Winter Pressures fund |
30,523 |
(17,713) |
- |
12,810 |
| Winter Pressures grant distribution fund |
30,000 |
(30,000) |
- |
- |
| Loneliness and Isolation grant fund |
22,727 |
(22,727) |
- |
- |
| Unpaid Carers Respite grant fund |
30,000 |
(26,706) |
- |
3,294 |
| Leader Maximising Youth Volunteering |
4,850 |
(4,850) |
- |
- |
|
320,609 |
(333,322) |
|
(12,713) |
| TOTAL FUNDS |
578,472 |
(652,594) |
187,000 |
112,878 |
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.4.20 |
in funds |
funds |
31.3.21 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
(713,341) |
153,239 |
4,916 |
(555,186) |
| Restricted funds |
|
|
|
|
| The Mount-NAW-Capital |
104,000 |
(8,000) |
- |
96,000 |
| The Mount - Lottery - Capital |
32,176 |
(2,476) |
- |
29,700 |
| Gwirvol Youth Led Grant |
6,650 |
4,180 |
- |
10,830 |
| CCC OAP Grant distribution |
673 |
(673) |
- |
- |
| Transformation Fund |
- |
23,319 |
(4,916) |
18,403 |
| Dementia (ICF) Fund |
13,333 |
(4,647) |
- |
8,686 |
| Welsh Government Grant distribution fund |
- |
31,769 |
- |
31,769 |
| Comic Relief Grant Distribution fund |
- |
3,359 |
- |
3,359 |
| Changemakers fund |
- |
(144) |
- |
(144) |
|
156,832 |
46,687 |
(4,916) |
198,603 |
| TOTAL FUNDS |
(556,509) |
199,926 |
- |
(356,583) |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
422,206 |
(264,967) |
(4,000) |
153,239 |
| Restricted funds |
|
|
|
|
| The Mount-NAW-Capital |
- |
(8,000) |
- |
(8,000) |
| The Mount - Lottery - Capital |
(1) |
(2,475) |
- |
(2,476) |
| Gwirvol Youth Led Grant |
6,650 |
(2,470) |
- |
4,180 |
| CUSP/Health and Wellbeing Fund |
42,028 |
(42,028) |
- |
- |
| CCC GAP Grant distribution |
(673) |
- |
- |
(673) |
| Transformation Fund |
72,146 |
(48,827) |
- |
23,319 |
| Dementia (ICF) Fund |
- |
(4,647) |
- |
(4,647) |
| Welsh Goverment Coronavirus recovery |
|
|
|
|
| fund |
152,991 |
(152,991) |
- |
- |
| Welsh Government Grant distribution fund |
53,511 |
(21,742) |
- |
31,769 |
| Comic Relief Grant Distribution fund |
26,591 |
(23,232) |
- |
3,359 |
| Friends In Need Grant Distribution fund |
38,863 |
(38,863) |
- |
- |
| Changemakers fund |
- |
(144) |
- |
(144) |
|
392,106 |
(345,419) |
|
46,687 |
| TOTAL FUNDS |
814,312 |
(610,386) |
(4,000) |
199,926 |
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.4.20 |
in funds |
funds |
31.3.22 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
(713,341) |
278,830 |
38,676 |
(395,835) |
| Restricted funds |
|
|
|
|
| The Mount-NAW-Capital |
104,000 |
(16,000) |
- |
88,000 |
| The Mount - Lottery - Capital |
32,176 |
(4,951) |
- |
27,225 |
| Gwirvol Youth Led Grant |
6,650 |
6,830 |
- |
13,480 |
| CUSP/Health and Wellbeing Fund |
- |
17,184 |
(17,184) |
- |
| CCC OAP Grant distribution |
673 |
(673) |
- |
- |
| Transformation Fund |
- |
12,829 |
(8,311) |
4,518 |
| Dementia (ICF) Fund |
13,333 |
(9,647) |
- |
3,686 |
| Welsh Government Grant distribution fund |
- |
4,214 |
(141) |
4,073 |
| Comic Relief Grant Distribution fond |
- |
(141) |
141 |
- |
| Changemakers fond |
- |
1,850 |
(2,000) |
(150) |
| NLCF New Infrastructure fond |
- |
1,599 |
(1,599) |
- |
| Food Poverty fond |
- |
4,776 |
- |
4,776 |
| Winter Pressures fond |
- |
12,810 |
(12,810) |
- |
| Winter Pressures grant distribution fond |
- |
- |
3,228 |
3,228 |
| Unpaid Carers Respite grant fund |
- |
3,294 |
- |
3,294 |
|
156,832 |
33,974 |
(38,676) |
152,130 |
| TOTAL FUNDS |
(556,509) |
312,804 |
- |
(243,705) |
|
incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
680,069 |
(584,239) |
183,000 |
278,830 |
| Restricted funds |
|
|
|
|
| The Mount-NAW-Capital |
- |
(16,000) |
- |
(16,000) |
| The Mount - Lottery - Capital |
(1) |
(4,950) |
- |
(4,951) |
| Gwirvol Youth Led Grant |
13,300 |
(6,470) |
- |
6,830 |
| CUSP/Health and Wellbeing Fund |
83,028 |
(65,844) |
- |
17,184 |
| CCC OAP Grant distribution |
(673) |
- |
- |
(673) |
| Transformation Fund |
134,005 |
(121,176) |
- |
12,829 |
| Dementia (ICF) Fund |
- |
(9,647) |
- |
(9,647) |
| Welsh Goverment Coronavirus recovery |
|
|
|
|
| fund |
152,991 |
(152,991) |
- |
- |
| Welsh Government Grant distribution fund |
53,511 |
(49,297) |
- |
4,214 |
| Comic Relief Grant Distribution fund |
26,591 |
(26,732) |
- |
(141) |
| Friends in Need Grant Distribution fund |
38,863 |
(38,863) |
- |
• |
| Changemakers fund |
33,247 |
(31,397) |
- |
1,850 |
| NLCF New Infrastructure fund |
49,353 |
(47,754) |
- |
1,599 |
| Food Poverty fund |
10,400 |
(5,624) |
- |
4,776 |
| Winter Pressures fund |
30,523 |
(17,713) |
- |
12,810 |
| Winter Pressures grant distribution fund |
30,000 |
(30,000) |
- |
- |
| Loneliness and Isolation grant fund |
22,727 |
(22,727) |
- |
- |
| Unpaid Carers Respite grant fund |
30,000 |
(26,706) |
- |
3,294 |
| Leader Maximising Youth Volunteering |
4,850 |
(4,850) |
- |
- |
|
712,715 |
(678,741) |
|
33,974 |
| TOTAL FUNDS |
1,392,784 |
(1,262,980) |
183,000 |
312,804 |
| RESERVES |
2021 |
Movement |
2022 |
| Restricted funds |
198,603 |
(46,473) |
152,130 |
| General fund |
233,814 |
8,351 |
242,165 |
| Total reserves before pension deficit |
432,417 |
(38,122) |
394,295 |
| Defined benefit pension fund |
(789,000) |
151,000 |
(638,000) |
| Total reserves |
(356,583) |
112,878 |
(243,705) |
|
2022 |
2021 |
| Rate of CPI inflation |
3.30% |
2.70% |
| Rate of increase in salaries |
4.80% |
4.20% |
| Rate of increase in pensions |
3.40% |
2.80% |
| Discount rate |
2.80% |
2.10% |
| The major categories of scheme assets a |
re as follows: |
|
|
|
|
2022 |
2022 |
2021 |
2021 |
|
£ |
% |
£ |
% |
| Equities |
1,725,000 |
72.3% |
1,643,000 |
74.0% |
| Government bonds |
31,000 |
1.3% |
|
0.0% |
| Other bonds |
188,000 |
7.9% |
258,000 |
11.6% |
| Property |
313,000 |
13.1% |
247,000 |
11.1% |
| Cash/liquidity |
41,000 |
1.7% |
27,000 |
1.2% |
| Other |
88,000 |
3.7% |
47,000 |
2.1% |
|
12,386,000 |
|
2.222,000 |
|
| The movement in deficit during the year is as follows: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Total present value of benefit obligations |
3,024,000 |
3,011,000 |
| Fair value of plan assets |
(2,386,000) |
(2,222,000) |
| Deficit |
638,000 _ |
789,000 |
| The change in benefit obligation during period the year is as follows: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Benefit obligation at the beginning of the year |
3,011,000 |
2,504,000 |
| Current service costs |
53,000 |
45,000 |
| Interest on pension liabilities |
63,000 |
60,000 |
| Members contributions |
7,000 |
7,000 |
| Past service costs (gain) |
- |
- |
| Actuarial (gains)/losses on liabilities |
(74,000) |
430,000 |
| Curtailments |
- |
- |
| Settlements |
- |
- |
| Benefits/transfers paid |
(36,000) |
(35,000) |
| Business combinations |
- |
- |
| Benefit obligation at end of period |
3,024,000 _ |
3,011,000 |
| The change in the plan assets during the year is as follows: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Fair value of plan assets at the beginning of the year |
2,222,000 |
1,749,000 |
| Interest on plan assets |
47,000 |
42,000 |
| Actuarial gains/(losses) on assets |
113,000 |
426,000 |
| Administration expenses |
(1,000) |
(1,000) |
| Business combinations |
- |
- |
| Settlements |
- |
- |
| Employer contributions |
34,000 |
34,000 |
| Member contributions |
7,000 |
7,000 |
| Benefits/transfers paid |
(36,000) |
(35,000) |
| Fair value of plan assets at end of period |
2,386,000 |
2,222,000 |
|
2022 |
2021 |
|
£ |
£ |
| Current service costs |
53,000 |
45,000 |
| Past service costs |
- |
- |
| Administration expenses |
1,000 |
1,000 |
| Net finance (interest)/costs |
16,000 _ |
18,000 |
|
70,000 |
64,000 |
| Total costs recognised in SOFA |
|
|
| Statement of actuarial gains and losses: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Actuarial gains/(losses) on liabilities |
74,000 |
(430,000) |
| Actuarial gains/(losses) on assets |
113,000 _ |
426,000 |
| Total actuarial gain/(losses) on defined benefit scheme |
187,000 |
(4,000) |