| Page | |
|---|---|
| Reference and administrative detailsofthe charity,itstrustees and advisers | 1 |
| Trustees'report | 2-10 |
| Independent auditors' report | 11-13 |
| Consolidated statementoffinancial activities | 14 |
| Consolidated balance sheet | 15 |
| Charitable company balance sheet | 16 |
| Consolidatedcashflow statement | 17 |
| Notes to thefinancial statements | 18-34 |
| Total Reserves | t1,131,021 |
|---|---|
| Less: | |
| Restricted reservesheld forfutureperiods | (t247,BA5) |
| (excluding capital grant) | |
| Designated reserves | t84,422 |
| Unrestricted reserves | t798,754 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| Note | 2022 € |
za22t | 2022I | 2A21 f |
|
| INCOME FROM: | |||||
| Donationsandlegacies | 2 | 60 | 3,530 | 3,589 | 8,496 |
| Charitable activities | 3 | 156,536 | 845,339 | 1,001,875 | 829,442 |
| Othertrading activities | 4 | 324,596 | 142,880 | 467,476 | 419,180 |
| lnvestments | 5 | 4 | 4 | 40 | |
| TOTALINCOME | 481,195 | s91,749 | 1,472,944 | 1,257,158 | |
| EXPENDITUREON: | |||||
| Raising Funds | b | 336,819 | 336,819 | 267,823 | |
| Charitable activities | 6 | 268,763 | 879,590 | '1,148,353 | 1,003,027 |
| TOTALEXPENDITURE | 605,582 | 879,590 | 1,485,172 | 1,270,850 | |
| NETTNCOME r(EXPENDTTURE) | |||||
| BEFORE TRANSFERS | (124,387) | 112,155 | (12,228) | {13,692) | |
| Transfers betweenFunds | 1B | 50,239 | (50,23e) | ||
| NETTNCOMEI(EXPENDTTURE) | (74,148) | 61,920 | (12,228) | (13,692) | |
| RECONCILIATION OF FUNDS | |||||
| Total funds broughtfonrard | 626,009 | 185,885 | 811,894 | 825,586 | |
| TOTALFUNDS CARRIED FORWARD |
551,861 | 247,845 | 799,666 | 811,894 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | c | f | € | t | |
| FIXEDASSETS | |||||
| Tangibleassets | 14 | 444,113 | 45A,047 | ||
| 444,113 | 450,047 | ||||
| CURRENT A$SETS | |||||
| Debtors | 16 | 140,074 | 51,740 | ||
| Cashat bank andin hand | 314,271 | 406,911 | |||
| 454,325 | 458,651 | ||||
| CREDITORS:amounts fallingdue | |||||
| withinoneyear | 17 | (98,792) | (s6,804) | ||
| NETCURRENTAS$ETS | 355,553 | 361,847 | |||
| NETASSETS | 799,666 | 811,894 | |||
| CHARITYFUNDS | |||||
| Restrictedfunds | 1B | 247,805 | 185,885 | ||
| Unrestrictedfunds | 18 | 551,861 | 626,009 | ||
| TOTALFUNDS | 799,666 | 811,894 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | € | g | t | € | |
| FIXED ASSETS | |||||
| Tangibleassets | 14 | 436,868 | 440,808 | ||
| lnvestments | 15 | 1 | 1 | ||
| 436,869 | 440,809 | ||||
| CURRENT ASSETS | |||||
| Debtors | 16 | 767,552 | 466,024 | ||
| Cash at bank and inhand | 23,086 | 217,812 | |||
| 790,638 | 683,836 | ||||
| CREDITORS:amounts fallingdue | |||||
| within oneyear | 17 | (96,486) | (93,273) | ||
| NETCURRENT ASSETS | 694,152 | 590,563 | |||
| NETASSETS | 1,131,021 | 1,Ay,372 | |||
| CHARITYFUNDS | |||||
| Restricted funds | '18 | 247,845 | 185,885 | ||
| Unrestricted funds | 18 | 883,216 | 845,487 | ||
| TOTALFUNDS | 1J31,421 | 1,431,372 |
| 2022 | 2021 | ||
|---|---|---|---|
| Note | E | t | |
| Cashprovidedby operatingactivities | 20 | (48,2171 | 45,854 |
| Cashflows from investing activities Purchaseoftangible fixedassets |
(44,423) | (50,718) | |
| lncreaseincash and cash equivalentsinthe year | (92,640) | (4,864| | |
| Cash and cash equivalentsatthe beginningof the | 406,911 | 411,775 | |
| year | |||
| 21 | 314,271 | 406,911 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2022 E |
2022I | 2A22I | 2021 t |
|
| Donations | 5g | 3,530 | 3,589 | 8,496 |
| Unreetric{ed | Restricted | Total | Total | |
|---|---|---|---|---|
| funde | funds | funds | funds | |
| 2422t | 2022 I |
2022 f, |
2021 € |
|
| Rentandutilities | 18,054 | 18,054 | 21,921 | |
| Meals onwheels | 48,543 | 48,543 | 37,898 | |
| Contracts | 127.899 | 795,562 | 923,461 | 696,437 |
| Othercharitableincome | 10,583 | 1,234 | 11,817 | 73,186 |
| 156,536 945,339 | '1,001,875 | 829,442 |
| OTHER TRADING ACTIVITIES | ||||
|---|---|---|---|---|
| Unrestricted | Restrictsd | Total | Total | |
| funds | funds | funds | funds | |
| 2022 | 2422 | 2022 | 2021 | |
| Fundraisingincome | I | I | € | |
| Hireof Equipment andPremises | 9,246 | : | 9,246 | 1,470 |
| Training | 1,224 | 1,224 | 24,479 | |
| SocialEnterprise | 3,394 | 3,394 | 24,361 | |
| Sparkles30HourFunding | 23,254 | 23,254 | ||
| EarlyEntitlement &FlyingStartFunding | 88,312 | 88,312 | 75,753 | |
| Flying Start | M2,B8A | 142,880 | 133,386 | |
| Cafe &Buffet | 84 | |||
| Wrexham Community Enterprise-Fees | 199,166 | 199,166 | 16A,047 | |
| 924,5$6 142,880 | 467,476 | 4{8,{80 |
| NVESTMENT INCOME | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| 2022 | 2022 | 2022 | 2021 | |
| € | E | € | ||
| lnvestment income | 4 | : | 4 | 40 |
| Staff | Other | |||||
|---|---|---|---|---|---|---|
| costs | Depreciation | costs | Total | Total | ||
| 2022 | 2022 | 2022 | 2022 | 2CI21 | ||
| € | e | f | e | E | ||
| Raisingfunds | 335,218 | 1,601 | 336,819 | 267,823 | ||
| Direct costs | (note7) | 728,017 | 50,357 | 198,297 | 976,671 | 862,503 |
| Supporlcosts | (noteB) | 152,852 | 152,852 | 119,346 | ||
| Governance | (note9) | 18,830 | 18,830 | 21,178 | ||
| 1,063,235 | 50,357 | 371,580 | 1,485,172 | 1,270,850 |
| DIRECTCOSTS | ||
|---|---|---|
| Total | Total | |
| 2022 | 2021 | |
| I | f | |
| Training | 3,'136 | 15,033 |
| Volunteer expenses | 250 | 66 |
| Project contributions | 115,086 | 20,300 |
| Recruitment | 2,737 | |
| Meals onWheels | 37,940 | 29,399 |
| Light, heat, repairs,cleaning | 39,148 | 30,679 |
| Wagesandsalaries | 728,417 | 722,664 |
| Deprecialion | 50,357 | 44,362 |
| 976,671 | 862,503 |
| 8. SUPPORTCOSTS |
||||
|---|---|---|---|---|
| Total | Total | |||
| 2422 | 2021 | |||
| € | I | |||
| Otheradministration runnlngcosts | 6,811 | 4,210 | ||
| Telephone andinternet | 9,468 | 10,981 | ||
| Postageand stationery | 4,284 | 4,445 | ||
| Computer costs | 6,271 | 6,815 | ||
| Photocopying | 1,298 | 1,327 | ||
| Equipmenthireand purchase | 32,132 | 19,328 | ||
| lVlotorexpenses | 6,204 | 3,476 | ||
| Refreshmentsandconsumables | 10,411 | 6,892 | ||
| Subscriptions | 320 | 714 | ||
| Consultancy fees | 5,000 | |||
| Bankcharges | 1,421 | 2,434 | ||
| Publication andpromotion | 400 | |||
| Repairs and maintenance | 26,663 | 28,391 | ||
| Sundry expenses | '1,597 | 454 | ||
| lnsurance | 7,128 | 6,480 | ||
| Bad debts | 38,444 | 18,399 | ||
| 152,852 | 119,345 | |||
| 9.GOVERNANCE | ||||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | Funds | funds | |
| 2022 | 2A22 | 2022 | 2021 | |
| f, | e | f | e | |
| Audit and accountancy | 7,636 | 7,636 | 13,977 | |
| Legaland professional fees | 9,478 | 1,716 | 11,194 | 7,201 |
| 17,114 | 1,718 | 18,830 | 21,178 | |
| 10.NETTNCOMEI(EXPENDTTURE) | ||||
| Thisisstated aftercharging; |
| 2422 | 2021 |
|---|---|
| € | t |
| 50,357 | 44,362 |
| 50,357 | 44,362 |
| Staffcostswereasfollows; | ||
|---|---|---|
| 2022 | 2021 | |
| E | € | |
| Wagesandsalaries | 998,547 | 905,002 |
| Socialsecuritycosts | 64,338 | 52,371 |
| Other pensioncosts | 26,133 | 20,542 |
| 1,089,018 | 977,915 |
| The average number of persons employedbythe charitable compan | y during theyearwasa$fo | llows: |
|---|---|---|
| 2022 No. |
2021 No. |
|
| Management | 4 | 4 |
| Support staff | 6 | 5 |
| Cost ofactivitiesinfurtheranceofthe charity's objects | 3Z | 36 |
| Fundraising | 19 | 2A |
| 61 | 65 |
| Group | Long term | ||||
|---|---|---|---|---|---|
| leaoehold | Motor | Office | Computer | ||
| property f |
Vehicles E |
Equipment s |
EquipmentI | Total f |
|
| Cost | |||||
| At'1 April2021 | 531 ,'159 | 41,143 | 97,617 | 77,564 | 747,479 |
| Additions | 31,783 | 12,640 | 44,423 | ||
| Disposals | |||||
| At 31 March2022 | 531,159 | 41,143 | 129,40A | 90,2A4 | 7y,942 |
| Depreciation | |||||
| At1April2021 | 136,533 | 18,382 | 75,436 | 67,081 | 297,432 |
| Chargefor theyear | 22,876 | 7,588 | 11,364 | 8,529 | 50,357 |
| Eliminatedon disp. | |||||
| At 31 March2022 | 159,409 | 25,974 | 86,800 | 75,610 | 347,789 |
| Netbook value | |||||
| A131March2A22 | 371,75A | 15,173 | 42,600 | 14,590 | 444,113 |
| At 31 March2021 | 394,626 | 22,761 | 22,181 | 10,479 | 4s0,047 |
| Charity | Long term | ||||
| leasehold | Motor | Office | Computer | ||
| property € |
Vehiclesf | Equipment E |
Equipment € |
Total f, |
|
| Cost | |||||
| At 1April 2021 | 528,027 | 41,143 | 87,581 | 74,564 | 731,311 |
| Additions | 30,759 | 12,640 | 43,399 | ||
| Disposals | |||||
| At31 h/arch2022 | 528,427 | 41,143 | 11834A | 87,2A0 | 774,71A |
| Depreciation | |||||
| At1April2021 | 136,283 | 18,382 | 70,557 | 65,281 | 290,503 |
| Charge for theyear | 22,751 | 7,588 | 9,071 | 7,929 | 47,339 |
| Eliminatedon disp. | |||||
| N31March2022 | 159,034 | 25,570 | 79,628 | 73,210 | 337,842 |
| Netbook value | |||||
| At 31 March2022 | 368,993 | 15,173 | 38,712 | 13,990 | 436,868 |
| At 31tVlarch 2021 | 391,744 | 22,761 | 17,026 | 9,27s | 440,808 |
| $hares ingroup | |
|---|---|
| Charity | undertakingsf |
| Cost | |
| At1April 2021and 31March2022 | 1 |
| etailofthe charity's subsidiary at 31 March 2422: | ||
|---|---|---|
Companyname |
Classof Nature Sharesheld |
Percentage Shareholding |
| Wrexham Community EnterprisesLimited {07733458) |
Socialwork Ordinary activities |
lA}o/o |
| Group | Charity | |||
|---|---|---|---|---|
| 2A22t | 2021 € |
2022 t |
2021 € |
|
| Tradedebtors | 133,063 | 45,979 | 120,643 | 38,060 |
| Amountsowedfrom groupunelertakings | 639,897 | 422,242 | ||
| Other debtors | 1,152 | 120 | 1,152 | 120 |
| Prepayments and accrued income | 5,860 | 5,642 | 5,860 | 5,642 |
| 140,074 | 51,740 | 767,552 | 465,424 |
| CREDITORS:Amountsfallingdue | withinoneyear | |||
|---|---|---|---|---|
| Group | Charity | |||
| 2022 f |
2021 € |
2022 e |
2021t | |
| Trade creditors | 16,995 | 5,499 | 16,626 | 3,242 |
| Othercreditors | 9,419 | 9,767 | 9,399 | 9,774 |
| Accruals and deferred income | 72,378 | 81,538 | 70,461 | 80,257 |
| 98,792 | 96,804 | 96,486 | 93,273 |
| 18.STATEMENTOFFUNDS | ||||||
|---|---|---|---|---|---|---|
| Brought fonvard € |
lncome € |
Expenditure t |
Transfers ln/{out} € |
Carried forward 0 |
||
| General Funds | ||||||
| GeneralFunds-undesignated | 626,009 | 481,195 | (605,s82) | (34,183) | 467,439 | |
| GeneralFunds -designated | 84,422 | 84,422 | ||||
| Total Unrestricted Funds | 626,009 | 481,195 | (565,582) | 50,239 | 551,861 | |
| Restrictedfunds | ||||||
| Children&YoungPeoples | 19,495 | 45,000 | {37,134) | (e7e) | 26,382 | |
| Team | ||||||
| DevaHouse | 81 | 256,570 | (232,742) | (23,e0e) | ||
| C.A.T.S | 3,847 | 143,434 | (103,110) | 4,171 | ||
| Avow Youth Service Strategy | 78 | (78) | ||||
| RevenueGrant | ||||||
| ln-schoolmentoring | 4,139 | 4,656 | (4,092) | 4,703 | ||
| Offa CommunityCouncil | 16,166 | 27,447 | t27,630) | 2,603 | 18,186 | |
| Team-Otherincome | 2,854 | (2,854)_ | ||||
| Gwenfromentoring PeoplesHealthTrust |
3,054 9,332 |
4,655 106,951 |
$,4s2) (s7,e52) |
1,712 | 3,617 20,443 |
|
| BangYouth TeamProject | 3,1 51 | 3,1 51 | ||||
| Flyingstart and early | 10,272 | 70,724 | (66,588) | 900 | 15,308 | |
| entitlernent -Gwenfro | ||||||
| PlaygroupandFamilies | ||||||
| Older Peoples Floating Support | 5,211 | (705) | 1,410 | 5,S16 | ||
| Service | ||||||
| CPCCYouth TeamPot | 520 | 8,244 | (9,140) | 380 | ||
| Divert -WrexhamAFC | 1,797 | 1,797 | ||||
| Program NEETS*Tier12015 (STARS) |
15,904 | 13,000 | (8,432) | 20,472 | ||
| Hafod YWern-FlyingStart | 9,473 | 69,369 | (67,616) | 11,226 | ||
| Farenting Framework-Dropin | 5,910 | 16,000 | (15,223) | 6,687 | ||
| sessions | ||||||
| TRAC.YT | 2,308 | (2,308) | ||||
| Children inNeed | 39,99; | (?s,342) | (10,154) | 499 | ||
| Acton-YouthTeam | 1 | 5,948 | 24,A32 | (14,953) | 25,427 | |
| StepstoProgression | 262 | 32,537 | (33,199) | |||
| Communities2.0-PC Capital | 392 | 250 | (310) | 332 | ||
| Purchase | ||||||
| Community FridgeProject | 3,000 | (810) | 2,190 | |||
| WCBC AimHigh+ | 69,855 | (5s,508) | (11,752) | 2,555 | ||
| Safer Streets | 44,337 | (32,726) | (81e) | 6,792 | ||
| PHTCovid-19 ReliefFund | 50 | (s0) | ||||
| lnitiative | ||||||
| WG Tackling Food Poverty | 2,000 | (1,031) | 969 | |||
| Grant |
| 18.STATEMENT OF FUNDS | (continued) | ||||
|---|---|---|---|---|---|
| Brought | Transfers | Carried | |||
| Restrictedfunds | forward € |
lncome f |
Expendituref | ln/(out) g |
fonrardt |
| Youth TeamGrant | 4,300 | 4,300 | |||
| Avow Strategy Grant | 3,744 | (3,740) | |||
| CensusProject | 4,424 | 3,920 | (8,547) | 243 | |
| Arson ReductionProject | 435 | 435 | |||
| WCBC-Youth Service Strat | 686 | 686 | |||
| &RevGrant | |||||
| Legacyfundplay | 30 | (140) | 280 | 170 | |
| GwersylltCC Youth | 29,468 | 34,566 | (21,84s) | 42,185 | |
| BroughtonCCYouth | 2,215 | 2,215 | |||
| Rank FoundationYouth | 9,339 | (1,6e6) | 7,643 | ||
| TrueColours | 148 | 148 | |||
| Deva House bingo/raffle | 406 | (406) | |||
| takings | |||||
| DevaHouse-CPP | 5,161 | (4,973|(188) | |||
| LuncheonClub | |||||
| TogetherinWrexhamSocial | 500 | (500) | |||
| Enterprise | |||||
| Glyndwr University YEF2021 | 10,000 | 10,000 | |||
| Total Restricted Funds | 185,885 | 991,749 |
(879,591) | (50,239) | 247,805 |
| Total Funds | 81{,894 | 1,472,944 | (1,485,1721 | 799,666 |
| Brought | Transfers | Transfers | Carried | ||
|---|---|---|---|---|---|
| forward | lncome | Expenditure | ln/(out) | forward | |
| f | € | 2 | t | e | |
| General funds- | 626,009 | 481,135 | (605,582) | (34,183) | 467,439 |
| undesignated General funds- |
84,422 | 84,422 | |||
| designated Restrictedfunds |
185,885 | 991,749 |
(87S,5e0) | (50,23e) | 247,B}s |
| 81'1,804 | 1,472,9M | (1,#5,172',1 | 799,666 |
| ANALYSIS OFNETASSETS BET | WEENFUNDS | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| 2022 | 2422 | 2022 | 2021 | |
| f | g | g | t | |
| Tangible fixed assets | 444,112 | 444,112 | 450,047 | |
| Currentassets | 248,522 | 247,805 | 494,327 | 458,651 |
| Creditorsduewithin one year | {e8,772) | (98,772) | (e6,804) | |
| 591,862 247,905 | 83S,667 | 811,894 |
| 20,RECONCILIATION OF NET MOVEMENT IN FUNDS TONETCASH FLOW | ||
|---|---|---|
| FROM OPERATINGACTIVITIES | ||
| 2022 | 2021 | |
| € | t | |
| Net income/(expenditure)forthe year(asperstatementoffinancial | (12,228) | (13,692) |
| activities) | ||
| Adjustment for: | ||
| Depreciation charges | 50,357 | 44,362 |
| (lncrease)/decreasein debtors | (88,334) | (17,619) |
| Increase/(decrease ) increditors | 1,988 | 32,803 |
| Netcashprovidedby/(used in) operatingactivities | 148,2171 | 45,8il |
| 21.ANALYSIS OF CASH AND CASH EQUIVALENTS | ||
| 2022 | 2021 | |
| s | € | |
| Cash inhand | 4,419 | 2,850 |
| Noticedeposits (less than3 months) | 314,252 | 404,061 |
| Total | 314,271 | 406,911 |