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||Page|Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|4|
|Report ofthe Independent
Auditors|5|to|7|
|Statement ofFlnanclal Actlvltles||||
|Statement ofFInanclal Posltlon||||
|Statement ofCash Flows||10||
|Notes to the Statement ofCash Flows||||
|Notes to the Financial Statements|12|to|21|
|Detailed Statement ofFinancial Activities|22|to|23|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes||E|E||
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations|and legacies||||3,907||3,907|1,395|
|Charitable|activities||||||||
|Charitable|Activities||||615,823|331,377|947,200|941,083|
|Investment|income||||4,579||4,579|1,328|
|Other income|||||46,744||46,744|48,000|
|Total|||||671,053|331,377|1,002,430|991,804|
|EXPENDITURE ON|||||||||
|Charitable|activities||||||||
|Charitable|Acbvities||||642,195|353,719|995,914|942,414|
|NET INCOME/(EXPENDITURE)|||||28,858|(22,342)|6,516|49,390|
|Transfers|between|funds||17|18,950|(18,950)|||
|Net movement
Infunds|||||47,808|(41,292)|6,516|49,390|
|RECONCILIATION||OF FUNDS|||||||
|Total funds|brought|forward|||693,694|51,193|744,887|695,497|
|TOTAL FUNDS CARRIED FORWARD|||||'741,502|9,901|751,403|744,887|
##
|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes||F|R|F|
|FIKEDASSETS||||||
|Tangible assets|12|259,424|6,800|266,224|274,642|
|CURRENT ASSETS||||||
|Debtors|13|129,450||129,450|110,209|
|investments|14|220,752||220,752|220,000|
|Cash at bank snd In hand||'I63,377|3,101|166,478|161,331|
|||613,579|3,101|516,680|491,540|
|CREDITORS||||||
|Amounts
falling due within one year|15|(31,501)||(31,601)|(21,295)|
|NET CURRENT ASSETS||482,078|3,101|485,179|470,245|
|TOl AL ASSETS LESSCURRENT UABILITIES||741,502|9,901|751,403|744,887|
|NET ASSETS||741,502|9,901|751,403|744,887|
|FUNDS|17|||||
|Unrestricted
funds||||741,502|693,694|
|Restricted funds||||9,901|51,193|
|TOTAL FUNDS||||751,403|744,887|
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||||FOR THE YEAR ENDED|31 MARCH 2023||
|---|---|---|---|---|---|
|||||2023|2022|
||||Notes|F||
|Cash flows from|operating|activities||||
|Cash generated
from operations||||1,320|32,801|
|Net cash provided|by operating
activities|||1,320|32,801|
|Cash flows from|investing|activities||||
|Interest received||||4,579|1,326|
|Net cash provided|by Investing activities|||4,579|1,326|
|Cash flows from|financing|activities||||
|Interest added to|current deposit Invest|||(752)||
|Net cash (used in)/provided||by financing|activiTies|(752)||
|Change
ln cash|and cash|equivalents|In|||
|the reporting
period||||5,147|34,127|
|Cash and cash equtvalente||atthe||||
|beginning
ofthe|reporting|period||161,331|127,204|
|Cash and cash equivalents||at the end|of|||
|the reporting
period||||166,478|161,331|
##
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||NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023|||
|---|---|---|---|---|
|RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING||ACTIVITIES||
||||2023|2022|
|Net income for the|reporting|period (as per the Statement ofFinancial|||
|Activities)|||6;516|49,390|
|AdJustments
for:|||||
|Depreciation charges|||8,418|9,489|
|Interest received|||(4,579)|(1,326)|
|Increase
In debtors|||(19,241)|(17,889)|
|Increase/(decrease)|in creditors||10,208|(6,863)|
|Net cash provided|by operations||1,320|32,801|
##
|ANALYSIS OF C|HANGES
IN NET FUNDS||||
|---|---|---|---|---|
|||At 1.422|Cash flow|At31.3.23|
|||E|E||
|Net cash|||||
|Cash at bank and|In hand|161,33&|5,147|186,478|
|||161,331|5,147|166,478|
|Liquid resources|||||
|Deposits included|in cash||||
|Current asset investments||220,000|752|220,752|
|||220,000|752|220,752|
|Total||381,331|6,899|387,230|
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|DONATIONS
AND LEGA|C|IES||||
|---|---|---|---|---|---|
|||||2023f|2022
E|
|Donatfons||||3,907|1,395|
|INVESTNIENT INCOIIIIE||||||
|||||2023|2022|
||||||p|
|Interest recelvabh||||4,579|1326|
|INCOfffif FROM CHARITABLE ACTIVITIES||||||
|||||2023|2022|
|||Activity||R||
|Rent receivable||Charftabh|Activities|408,977|408,955|
|BCBCContract RSASDS||Charitable|Acfhrities|213,460|187,592|
|NPTCBC UASC Contract||Charitable|Activities|16,776||
|NPTCBC CSSContract||Charitable|Activibes|165,070|88,764|
|Grants||Charitabh|Activities|142,917|182,770|
|Referring agency income||Charitable|Activities||75,002|
|||||947,200|941,083|
|Grants received, Included|In|the above, are|as follows;|||
|||||2023|2022|
|NPTCBC Food Poverty||||4,000||
|WG Bond Board Grant||||35,647|35,647|
|WG TSSGrant||||42,272|42,272|
|Lloyds Bank Foundation||||25,000|25,000|
|Moondance
Grant||||6,203|4,583|
|NPT CVS Winter Wellbelng|||||550|
|TATA Steel Grant|||||3,000|
|Postcode Lottery Grant|||||19,490|
|Mental Health Grant||||12,017|7,010|
|TSRFGrant||||12,476|37,427|
|West Gism Transformation||Grant|||7,791|
|NPT CVS-Youth Grant||||1,000||
|South Wales Police||||3,552||
|BAVO Grant||||750||
|||||142,917|182,770|
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||||||||Support||
|---|---|---|---|---|---|---|---|---|
|||||||Direct|costs (see||
|||||||Costs|note 6)|Totals|
|||||||E||R|
|Charitable|Activities|||||977,781|18,133|995,914|
|SUPPORT|COSTS||||||||
|||||||||Support|
|||||||||costs|
|||||||||F|
|Charitable|Activities|||||||18,133|
|NET INCOMEI(EXPENDITURE)|||||||||
|Net inccme/(expenditure)||is stated after charging/(crediting):|||||||
||||||||2023|2022|
|Depreciation - owned assets|||||||8,418|9,489|
|TRUSTEES' REMUNERATION|||AND|BENEFITS|||||
|The trustees received no||emoluments||from the charitable|company.||||
##
|totalling 816for travel|totalling 816for travel|.||||
|---|---|---|---|---|---|
|STAFFCOSTS||||||
|||||2023|2022|
|||||E|F|
|Wages and salaries||||577,511|550,277|
|Other pension|costs|||19,431|21,001|
|||||596,942|571,278|
|The average|monthly|number ofemployees|during the year was as follows:|||
|||||2023|2022|
|Senior Management||Team||3|3|
|Oflice Staff||||1||
|Support Staff||||14|17|
|||||18|21|
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||The total employee
benefits
ofthe key management
personnel
ofihe
charity were 2|The total employee
benefits
ofthe key management
personnel
ofihe
charity were 2|The total employee
benefits
ofthe key management
personnel
ofihe
charity were 2|97,326 (2022F9|7,483).|
|---|---|---|---|---|---|
|11.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||||E|
||INCOME AND ENDOWMENTS|FROM||||
||Donations
and legacies||1,395||1,395|
||Charitable
activities|||||
||Charitable
Activities||570,721|370,362|941,083|
||Investment
income||1,326||1,326|
||Other income||48,000||48,000|
||Total||. 621,442|370,362|991,804|
||EXPENDITURE ON|||||
||Charitable
activities|||||
||Charltabh
ActMtles||596,417|345,997|942,414|
||NET INCOME||25,025|24,365|49,390|
||RECONCILIATION OF FUNDS|||||
||Total funds brought fotward||668,669|26,828|695,497|
||TOTAL FUNDS CARRIED FORWARD||693,694|51,193|744487|
|'l2.|TANGIBLE FIXEDASSETS|||||
|||||Fixtures||
||||Freehokl|and||
||||property|fittings|Totals|
||||E|||
||COST|||||
||At 1 April 2022 and 31 March 2023||338,149|52,151|390,3QQ|
||DEPRECIATION|||||
||At 1 April 2022||74,936|40,722|115,658|
||Charge for year||5,514|2,904|8,418|
||At 31 March 2023||80,450|43,626|124,076|
||NET BOOK VAI.UE|||||
||At 31 March 2023||257,699|8,525|266,224|
||At 31 March 2022||263,213|11,429|274,642|
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|DEBTORS: A|MOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2023|2022|
|||E|E|
|Trade debtors||77,161|57,451|
|Other debtors||44,721|45,838|
|Prepayments|and accrued income|7,568|6,920|
|||129,450|110+09|
|CURRENT ASSET INVESTMENTS||||
|I||2023|2022|
|Cash on deposit||220,752|220,000|
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|CREDITORS: AMOU|NTS FALUNG DUE WITKIN ONE Y|EAR||
|---|---|---|---|
|||2023|2022|
|Trade creditors||16,579|1'l,981|
|Accruals and deferred|income|14,922|9,314|
|||31,601|21,295|
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||2023|2022|
|---|---|---|
||E|E|
|Within one year|1,440||
|Between one and five years|2,880||
||4,320||
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|MOVEMENT
IN FU|NDS|||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.22|in funds|funds|31.323|
||||||E|||
|Unrestricted
funds||||||||
|General fund||||26,052|28,858|(31,583)|23,327|
|Designated
Funds&apital|||Assets|267,642||(8,217)|259,425|
|Designated
Fund~pltal||Spend||25,000|||25,000|
|Designated
Funds~ntlngency||||||||
|planningmltlcal
costs||||300,000|||300,000|
|Designated
Funds-Strategic|||planning|75,000||40,000|115,000|
|Lloyds Foundabon|Grant|||||18,750|18,750|
|||||693,694|28,858|18,950|741,502|
|Restricted funds||||||||
|Restricted Funds- Capital||spend building||7,000||(200)|6,800|
|Uoyds Foundation|Grant|||18,750||(18,760)||
|TSRFGrant||||18,946|(18,946)|||
|Postcode Lottery Grant||||6,497|(6,497)|||
|Moondance|||||3,101||3,101|
|||||51,193|(22,342)|(18,950)|9,901|
|TOTAL FUNDS||||744,887|6,516||751,403|
##
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|Net movement
In funds, I|n|clud|ed
In the above|are as follows:||||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources|expended|In funds|
|||||||f.||
|Unrestricted
funds||||||||
|General fund|||||646,053|(617,195)|28,858|
|Uoyds Foundation
Grant|||||25,000|(25,000)||
||||||671,053|(642,195)|28,858|
|Restricted funds||||||||
|TSRFGrant|||||12,476|(31,422)|(18,946)|
|Postcode Lottery Grant||||||(6,497)|(6,497)|
|Restricted Contract|||||213,460|(213,460)||
|BAVO Grant|||||750|(750)||
|Moondance|||||6,203|(3,102)|3,101|
|Mental Health Grant|||||12,017|(12,017)||
|South Wales Police|||||3,552|(3,552)||
|NPT CVS -Youth Grant|||||1,000|(1,000)||
|NPTCBC Wood Poverty|||||4,000|(4,000)||
|Bond Grant
WG TSSGrant|||||35,647
42,272|(35,847)
(42,272)||
||||||331377|(363,719)|(22,342)|
|TOTAL FUNDS|||||1,002,430|(995,914)|6,516|
|Comparatives
for movement|||in Amds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.21|in funds|I'unds|31.322|
|||||||E||
|Unrestricted
funds||||||||
|General fund||||16,739|26,025|(15,712)|26,052|
|Designated Funds~pital||Assets||276,930||(9,288)|267,642|
|Designated Fund~pltal|Spend|||26,000|||25,000|
|Designated
Fundseontlngency||||||||
|piannlng~rical
costs||||300,000|||300,000|
|Designated Funds~teglc||planning||50,000||25,000|75,000|
|||||668,669|25,025||693,894|
|Restricted funds||||||||
|Restricted Funds- Capital|spend building|||7,200|(200)||7,000|
|Restricted Funds- Salnsburjy's|||Grant|8|(8)|||
|Restricted
Fund NPTCVS
Filco Grant|Youth Fund|||692
.178-.|(692)
(178)|||
|Uoyds Foundation
Grant||||18,760|||18,750|
|TSRFGrant|||||18,946||18,946|
|Postcode Lottery Grant|||||6,497||6,497|
|||||26,828|24,365||51,193|
|TOTAL FUNDS||||695,497|49,390||744,887|
##
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##
|Comparative
net rnovernen|t
In|fu|nds, included|In the above are as foll|ows:|||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources
f|expended|in funds
F|
|Unrestricted
funds||||||||
|General fund|||||621,442|(596,417)|25,025|
|Restricted funds||||||||
|Restricted Funds- Capital|spend||building|||(200)|(200)|
|Restricted Funds- Salnsbury's||Grant||||(8)|(8)|
|Restricted Fund NPTCVS|Youth||Fund|||(692)|(692)|
|Restricted grants|||||344,919|(344,919)||
|Filco Grant||||||(178)|(178)|
|TSRFGrant|||||18,946||18,946|
|Postcode Lottery Grant|||||6,497||6,497|
||||||370,362|(345,997)|24,365|
|TOTALFUNDS|||||991,804|(942,414)|49,390|
|A current year 12months|and|prior year 12months combined
position|||ls as follows:|||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.21|fn funds|funds|31.323|
|Unrestricted
funds||||||||
|General fund||||16,739|53,883|(47,295)|23,327|
|Designated
Funds&apltal|Assets|||276,930||(17,505)|259,425|
|Designated
Fundapltal|Spend|||25,000|||25,000|
|Designated
Funds~ntlngency||||||||
|plannlngwrlticsl
cosh||||300,000|||300,000|
|Designated
Fundstrateglc|planning|||60,000||65,000|115,000|
|Ljoyds Foundation
Grant||||||18,750|18,750|
|||||668,669|63,883|18,950|741,602|
|Restricted funds||||||||
|Restricted Funds- Capital|spend||building|7,200|(200)|(200)|6,800|
|Restricted Funds- Sainsbury's||Grant||8|(8)|||
|Restricted
Fund NPTCVS|Youth||Fund|692|(692)|||
|Fllco Grant||||178|(178)|||
|Lloyds Foundation
Grant||||18,750||(18,750)||
|Moondance|||||3,101||3,101|
|||||26,828|2,023|(18,950)|9,901|
|TOTAL FUNDS||||695,497|65,906||751,403|
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