##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restncted|Total|Total|
|||||Notes|funds
F|funds|funds
f|funds
E|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations|and legacies||||74,376|194,461|268,837|256,432|
|Charitable|activities||||||||
|Generalist|||||73,499|1,594,382|1,667,881|1,391,313|
|Specialist|||||174,825|503,016|677,841|512,327|
|Training||||||||31,182|
|Other trading
activities|||||3,997||3,997|8,012|
|Other income|||||2 271||2,271||
|Total|||||328,968|2,291,859|2,620,827|2,199,266|
|EXPENDITURE ON|||||||||
|Charitable|activities||||||||
|Generalist||||||1,784,969|1,784,969|1,467,316|
|Specialist|||||342,904|485,920|828,824|543,761|
|Training||||||||32,418|
|Total|||||342,904|2,270,889|2,613,793|2,043,495|
|NET INCOAIIE/(EXPENDITURE)|||||(13,936)|20,970|7,034|155,771|
|Transfers|between|funds||20|33,623|(33,623)|||
|Net movement
in funds|||||19,687|(12,653)|7,034|155,771|
|RECONCILIATION||OF FUNDS|||||||
|Total funds|brought|forward|||509,498|68,811|578,309|422,538|
|TOTAL FUNDS CARRIED FORWARD|||||529,185|56,158|585,343|578,309|
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|FiXED ASSETS||Notes|funds
f|funds
f|funds|fundsf|
|Tangible assets||13|215,346||215,346|42,773|
|CURRENT ASSETS|||||||
|Debtors
Cash at bank and|in hand||106,529
472,764|55,360
29,682|161,889
502,446|167,119
432,150|
||||579,293|85,042|664335|599269|
|CREDITORS|||||||
|Amounts
falling due within one year||15|(153,017)|(28,884)|(181,901)|(63,733)|
|NET CURRENT ASSETS|||426,276|56,158|482,434|535,536|
|TOTAL ASSETS|LESSCURRENT LIABILITIES||641,622|56,158|697,780|578,309|
|CREDITORS|||||||
|Amounts
falling due after more than one year||16|(112,437)||(112,437)||
|NET ASSETS|||529,185|56,158|585,343|578,309|
|FUNDS||20|||||
|Unrestricted
funds
Restricted
funds|||||529,185
55 158|509,498
~68 811|
|TOTAL FUNDS|||||585,353|578,309|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes||E|
|Cash flows from operating||activities|||||
|Cash generated
from operations|||||137,147|200,419|
|Loan interest|||||7,750||
|Net cash provided
by operating
activities|||||144,897|200,419|
|Cash flows from investing||activities|||||
|Purchase oftangible
fixed assets|||||(194,957)|~31269)|
|Net cash used
in investing|activities||||~194,957)|~31,269)|
|Cash flows from financing||activities|||||
|New loans
in year|||||140,000||
|Loan repayments
in year|||||~19,644)||
|Net cash provided
by financing
activities|||||120,356||
|Change
in cash and cash||equivalents|in||||
|the reporting
period|||||70,296|169,150|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||432,150|263,000|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||502,446|432,150|
##
||RECONCILIATION|RECONCILIATION|OF NET INCOME TO NET CASH|OF NET INCOME TO NET CASH|OF NET INCOME TO NET CASH|OF NET INCOME TO NET CASH|FLOW FROM OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|
||||||||||E|
||Net income|for the|reporting|||period (as per the Statement ofFinancial||||
||Activities)
Adjustments|for:||||||7,034|155,771|
||Depreciation|charges||||||22,384|18,287|
||Decrease
in|debtors||||||5,230|202,528|
||Increase/(decrease)||in creditors|||||102,499|)176,167)|
||Net cash provided||by|operations||||137,147|200418|
|2.|ANALYSIS OF CHANGES||||IN NET FUNDS|||||
||||||||At 1/4/22|Cash flow|At 31/3/23|
|||||||||F.||
||Net cash|||||||||
||Cash at bank and in||hand||||432,150|70,296|502,446|
||||||||432,150|70,296|502,446|
||Debt|||||||||
||Debts falling
Debts falling|due within
due after 1||1 year
year||||(15,669)
)112,437)|(15,669)
~112,437)|
|||||||||)128,106)|)128,)06)|
||Total||||||432,150|~57,810)|374,340|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||E||
||Gifts and|donations|||||44,376|62,332|
||Grants||||||224,461|194,100|
||||||||268,837|256,432|
||Grants received,|||included||in the above, are as follows:|||
||||||||2023|2022|
||Rhondda|Cynon||Taf County Borough Council|||194,461|194,100|
||Moondance||Foundation||-|COVID-19 Relief Fund|15,000||
||Rhondda|Cynon||Taf County Borough Council - Cost of Living Sub-Grant|||~15000||
||||||||224,461|104,100|
|4.|OTHER TRADING ACTIVITIES||||||||
||||||||2023|2022|
||Consultancy||services and|||other income|3,997|8,012|
##
##
|Grants
Families First
Welfare Rights service
Help to Claim - Face to Face
Employment
Capacity
DV Income Maximisation-
Activity
Generalist
Generalist
Generalist
Generalist
Generalist||2023
f
909,284
30,000
25,500
219,282|2022f
542,206
34,500
25,500
287,142
9,833|
|---|---|---|---|
|Test 8 Leam
Advicelink
Cymru - F2F
Advicelink
Cymru - Public
Generalist
Generalist||273,316|90,000
243,573|
|Health Wales Project
Advicefink
Cymru - Claim
Generalist|||27,000|
|What's Yours
Advicelink
Cymru - DAF
Generalist||189,000|90,000|
|Enhanced
Trusseil Trust - Food Banks
Grants
Families First
Welfare
Rights service
Rhondda
Cynon Taf-
Generalist
Generalist
Specialist
Specialist
Specialist||21,499
196,816
70,000
59,500|41,559
125,893
80,500
59,500|
|Prescribing
Advice
Cwm Taf Health Board-
Specialist||34,500|34,500|
|Prescribing
Advice
Nationwide
Community
Grant
Advicelink
Cymru - Debt
Specialist
Specialist||17,850|17,850
7,986|
|Specialist
Advicelink
Cymru - Benefits
Specialist||161,027|144,343|
|Specialist
Advicelink
Cymru - Basic
Specialist||32,515|41,755|
|Income Pilot
Grants
Nationwide
Community
Grant
Specialist
Training
Training||105,633|27,249
3,933|
|||2,345~722|1,934,822|
|Grants received, included
in the above, are as follows:||||
|British Gas Energy Trust
Homelessness
Prevention
Warm Wales||2023
f
75,000
67,267|2022f
67,267|
|Gambling
support service
REL - Energy best
EAP - Energy best
ICP - Improving
Access to Remote Advice
Trussell Trust - Foodbank
Helpline
Smart Energy GB - Regional Partner Contract
Energy Saving Trust- Energy Redress Scheme COVID-19 Crisis Fund
BESN - Big Energy Saving Network
Access to Justice Foundation
- Litigants
in Person Support Strategy
Volunteering
Wales Fund||'I2,975
13,000
23,160
19,136
14,500|20,034
7,250
15,138
12,000
10,843
470,454
19,954
3,500
32,650|
|Mind - Mental Health Recovery Grant
Citizens Advice Torfaen -Collaborative
Project
Help Through
Hardship
Acces to Justice Foundation - Help Accessing
Legal Support
Moondance
Foundation
-Wales Energy Service||770,825
53,400
34,900|19,999
6,259
10,000|
|Carried forward||||
|||1,084,163|695,438|
##
|INCOME FROM CHARITABLE ACTIVITIES -continued|INCOME FROM CHARITABLE ACTIVITIES -continued|INCOME FROM CHARITABLE ACTIVITIES -continued|||||
|---|---|---|---|---|---|---|
||||||2023f|2022f|
|Brought forward|||||1,084,163|695,438|
|Rhondda
Cynon Taff County Borough Council -Shared
Community
Grant|||Prosperity|Fund-|16,937||
|Allen 8 Ovary Foundation|||||5,000||
||||||1,106,100|695,438|
|CHARITABLE ACTIVITIES COSTS|||||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 7)|note 8)
f|Totals
f|
|Generalist||||1,571,816|213,153|1,784,969|
|Specialist||||7297850|98,974|828,824|
|||||2,301,666|312,127|2,613,733|
|DIRECT COSTS OF CHARITABLE|ACTIVITIES||||||
||||||2023f|2022f|
|Staff costs|||||1,882,649|1,474,057|
|Travel costs|||||14,823|20,442|
|Premises costs|||||44,482|61,367|
|Office costs|||||177,977|141,836|
|Recruitment
and training|||||17,384|12,300|
|Sundry costs|||||17,834|1,555|
|Partner payments|||||90,698|56,000|
|Funding
clawbacks|||||28,884||
|Depreciation|||||20,008|16,115|
|Interest payable and similar charges|||||6,92?||
||||||2,301,666|1,783,672|
|SUPPORT COSTS|||||||
||Staff|||Other|Governance||
||costs
f|Depreciation||costs
f|costs
f|Totals
f|
|Generalist|154,356|1,623||22,656|34,518|213,153|
|Specialist|71,673||753|10,521|16,027|98,974|
||226,029|2,376||33,177|50,545|312,127|
##
##
##
##
##
##
|STAFF COSTS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||||||||||F|L|
|Wages and salaries
Social security costs
Other pension costs|||||||||1,906,338
154,393
59,241|1,517,001
116,589
47,639|
||||||||||2,119,972|1,681,229|
|The average
monthly|number||ofemployees|||during|the year was|as follows:|||
||||||||||2023|2022|
|Chief Executive|||||||||1|1|
|Senior managers|||||||||2|2|
|Operations
managers|||||||||8|7|
|Administration
and support|||||||||8|8|
|Advice and information|||||||||74|58|
||||||||||93|76|
|No employees
received emoluments||||in|excess ofL60,000.||||||
|Total remuneration
benefits||paid to||key|management||personnel|in the year was|2133,790(2022:|6128,387).|
|Total settlement
costs|paid|to employees|||in|the year|was E4,279 (2022:&Nil)||||
|COMPARATIVES
FOR THE STATEMENT||||||OF FINANCIAL ACTIVITIES|||||
|||||||||Unrestricted|Restricted|Total|
|||||||||funds
f|funds
L|funds|
|INCOME AND ENDOWMENTS|||FROM||||||||
|Donations
and legacies||||||||62,332|194,100|256,432|
|Charitable
activities|||||||||||
|Generalist
Specialist
Training||||||||88,259
176,488|1,303,054
335,839
31,182|1,391,313
512,327
31,182|
|Other trading
activities||||||||8,012||8,012|
|Total||||||||335,091|1,864,175|2,199,266|
##
##
|12.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|||
|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|
||||funds||funds|funds|
||||||F|F|
||EXPENDITURE ON||||||
||Charitable
activities||||||
||General||||||
||Generalist||409||1,466,907|1,467,316|
||Specialist||212,997||330,764|543,761|
||Training||||32,418|32,418|
||Total||213,406||1,830,089|2,043,495|
||NET INCOME
Transfers
between|funds|121,685
5,623|34,086
~5.6237||155,771|
||Net movement
in funds||127,308||28,463|155,771|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought|forward|382,190||40,348|422,538|
||TOTAL FUNDS CARRIED FORWARD||509,498||68,811|578,309|
|13.|TANGIBLE FIXED|ASSETS|||||
||||Short||||
||||leasehold||Fixtures||
||||property|It|equipment|Totals|
||COST||||||
||At 1 April 2022||36,126||163,429|199,555|
||Additions||167,611||27,296|~194957|
||At 31 March 2023||203,787||190,725|394,512|
||DEPRECIATION||||||
||At 1 April 2022||34,581||122,201|156,782|
||Charge for year||1,634||20,750|22,384|
||At 31 March 2023||36,215||142,951|179,166|
||NET BOOK VALUE||||||
||At 31 March 2023||167,572||47,774|215,346|
||At 31 March 2022||1,545||41,225|42,773|
##
##
##
|DEBTO|RS:AMOUNT|S
|F|ALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||E|E|
|Other debtors and prepayments|||||15,013|31,038|
|Accrued|income||||146,876|196061|
||||||161,889|'167,119|
|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE YEAR|||
||||||2023|2022|
||||||F|F|
|Other loans (see note||17)|||15,669||
|Social security and other|||taxes||34,952|29,447|
|Other creditors|||||21,802|129|
|Accruals|and deferred|income|||109,478|34,157|
||||||181,901|63,733|
||||||2023|2022|
|Deferred|income brought||forward||5,000|106,662|
|Released
Additional|to SOFA
income deferred|||in the year|(5,000)
40,083|(106,662)
5,000|
||||||40,083|5,000|
##
##
##
|16.|CREDITORS: AMOUNTS|F|ALLING DUE AFTER MORE THAN ON|E YEAR||
|---|---|---|---|---|---|
|||||2023
f|2022
E|
||Other loans (see note 17)|||112,437||
|17.|LOANS|||||
||An analysis ofthe maturity
ofloans is given below:|||||
|||||2023|2022|
|||||6|F|
||Amounts
falling due within one year on demand:|||||
||Other loans|||15,669||
||Amounts
falling between|one and two years:||||
||Other loans|||16,802||
||Amounts
falling due between||two and five years:|||
||Other loans|||58,050||
||Amounts
falling due in more||than five years:|||
||Repayable
by instalments:|||||
||Other loans|||37,585||
##
##
##
##
##
|MOVEMENT
IN FUNDS||||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1/4/22|in funds|funds|31/3/23|
|||||F.|||L|
|Unrestricted
funds||||||||
|General
fund||||389,068|(13,936)|154,053|529,185|
|Designated
-Taff Street||Refurbishment||120,430||i120,4303||
|||||509,498|(13,936)|33,623|529,185|
|Restricted funds||||||||
|British Gas Energy Trust|||||9,412||9,412|
|Money Advice Service - Debt|||Advice|||||
|Project||||8,511||(8,511)||
|Help to Claim - Face to face||||5,281|(5,281)|||
|Trussell Trust - Foodbank||Helpline||1,023|(1,023)|||
|DV Income Maximisation||-Test &Leam||43,996|(28,884)|(15,112)||
|Advicelink
Cymru - F2F|||||10,269||10,269|
|Community
Foundation|Wales-|||||||
|Coronavirus
Resilience|Fund|||10,000||(10,000)||
|Advicelink
Cymru - Claim||What's Yours|||15,866||15,866|
|Access to Justice Foundation|||- Help|||||
|Access Legal Support|||||3,959||3,959|
|Wales Energy Service|||||3,032||3,032|
|Shared Prosperity
Fund|||||4,672||4,672|
|Advicelink
Cymru
—Basic||income Pilot|||7,796||7,796|
|Trussell Trust - Foodbank||Project|||1,152||1,152|
|||||68,811|20,970|~33,623i|~56 158|
|TOTAL FUNDS||||578,309|7,034||585,343|
##
|20.|MOVEMENT
IN FUNDS - continued|MOVEMENT
IN FUNDS - continued||||||
|---|---|---|---|---|---|---|---|
||Net movement
in funds,
included|in the above are as follows:||||||
||||incoming|Resources|||Movement|
||||resources
f|expended|||in funds
L|
||Unrestricted
funds|||||||
||General
fund||328,968|(342,904)|||(13,936)|
||Restricted funds|||||||
||British Gas Energy Trust||75,000|(65,588)|||9,412|
||Prescribing
Advice: Tier 2 fund||34,500|(34,500)||||
||Homelessness
prevention||67,267|(67,267)||||
||Help to Claim - Face to face
Information
Advice Service - Core|Funding|219,282
194,461|(224,563)
(194,461)|||(5,281)|
||Trussell Trust - Foodbank
Helpline
DV income Maximisation
-Test &
Advicelink
Cymru - F2F|Leam|273,316|(1,023)
(28,884)
(263,047)|||(1,023)
(28,884)
10,269|
||Advicelink
Cymru - Debt Specialist||161,027|(161,027)||||
||Advicelink
Cymru - Benefits Specialist||32,515|(32,515)||||
||Smart Energy GB - Regional Partner|||||||
||Contract||23,160|(23,160)||||
||Energy Saving Trust - Energy Redress|||||||
||Scheme CQVID-19 Crisis Fund
Advicelink
Cymru - Claim What's Yours
Access to Justice Foundation
-Help||19,137
189,000|(19,137)
(173,134)|||15,866|
||Access Legal Support||53,400|(49,441)|||3,959|
||Help Through
Hardship||770,825|(770,825)||||
||Wales Energy Service
Shared Prosperity
Fund
Advicelink
Cymru - Basic Income Pilot
Trussell Trust - Foodbank Project||34,900
16,937
105,633
21,499|(31,868)
(12,265)
(97,837)
~20,347j|||3,032
4,672
7,796
1 152|
||||2,291,859|(2,270,889)|||20,970|
||TOTAL FUNDS||2,620.627|~26137S3j|,|,|7,034|
##
|20.|MOVENIENT
IN FUNDS - continued|MOVENIENT
IN FUNDS - continued|||||
|---|---|---|---|---|---|---|
||Comparatives
for movement
in funds||||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1/4/21|in funds|funds|31/3/22|
||||f|E|||
||Unrestricted
funds||||||
||General
fund||261,760|121,685|5,623|389,068|
||Designated
fund - Redundancy|provision|83,000||(83,000)||
||Designated
fund - Business Development||||||
||Manager post||37,430||(37,430)||
||Designated
- Taff Street Refurbishment||||120,430|120,430|
||||382,190|121,685|5,623|509,498|
||Restricted funds||||||
||Prescribing
Advice: Tier 2 fund|||(48)|48||
||Money Advice Service - Debt Advice||||||
||Project||8,511|||8,511|
||Homelessness
prevention|||(769)|769||
||Warm Wales|||(659)|659||
||Gambling
support service||(2)|550|(548)||
||Help to Claim - Face to face|||5,281||5,281|
||Community
Foundation
Wales -|Nationwide|||||
||Grant||'I3,327|(61)|(13,266)||
||Information
Advice Service
—Core Funding|||(534)|534||
||ICP - Improving
Access to Remote Advice|||(2,515)|2,515||
||Trussell Trust - Foodbank
Helpline|||1,023||1,023|
||Employment
Capacity|||(2,014)|2,014||
||DV Income Maxirnisation
-Test|8 Learn|3,512|3,619|36,865|43,996|
||Advicelink
Cymru - F2F|||(897)|897||
||Advicelink
Cymru - Debt Specialist|||7,321|(7,321)||
||Advicelink
Cymru - Benefits Specialist|||1,463|(1,463)||
||Energy Saving Trust- Energy Redress||||||
||Scheme COVID-19 Crisis Fund|||(692)|692||
||Community
Foundation
Wales-||||||
||Coronavirus
Resilience Fund||15,000|(5,000)||10,000|
||Advicelink
Cymru - PHW Project|||9,560|(9,560)||
||Advicelink
Cymru - Claim What's|Yours||15,565|(15,565)||
||Advicelink
Cymru - DAF Enhanced|||5,867|(5,867)||
||Access to Justice Foundation
-LIPSS
Volunteering
Wales Fund|||294
~3,288)|(294)
3,268||
||||40,348|34,086|~5,523)|68,811|
||TOTAL FUNDS||422,538|155,771||578,309|
##
##
##
##
##