COMPANY REGISTRATION NUMBER: 03686475 CHARITY REGISTRATION NUMBER: 1074898
Popeth Cymraeg Cyfyngedig Company Limited by Guarantee Unaudited Financial Statements
31 July 2022
JONES & GRAHAM
Chartered Certified Accountants 45 Stryd y Dyffryn, DINBYCH Sir Ddinbych LL16 3AH
Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Financial Statements
Year ended 31 July 2022
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities (including income and | |
| expenditure account) | 4 |
| Statement of financial position | 5 |
| Statement of cash flows | 6 |
| Notes to the financial statements | 7 |
Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 July 2022
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2022.
Reference and administrative details
Registered charity name Popeth Cymraeg Cyfyngedig Charity registration number 1074898 Company registration number 03686475 Principal office and registered Canolfan Iaith Clwyd office Pwll y Grawys Dinbych Sir Ddinbych LL16 3LF
The trustees
Bon A. Hughes Bon J. Roberts Bon P. Smith (Retired 31 March 2022) Bon D. Berry Bon. Alun Jones Y Fon R Roberts Bon H.M. Brightwell (Appointed 29 April 2022) Bon A.E Jones (Appointed 29 April 2022) Y Fon. D Hughes Company secretary Verona Pritchard-Jones Independent examiner Mr E. Jones FCCA 45 Stryd y Dyffryn, DINBYCH Sir Ddinbych LL16 3AH
Structure, governance and management
Popeth Cymraeg Cyf is a company limited by guarantee with charitable status. The day to day management of the organisation is undertaken by a committee of elected Trustees who are also Directors of the company. They are elected at the AGM every year by members of Popeth Cymraeg Cyf. to operate on their behalf in accordance with the constitution. The committee meets bimonthly. The committee also delegates certain aspects of its managerial role to specific sub-committees as the needs arises (e.g.appointments sub-committee).
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 July 2022
Objectives and activities
The objectives of the charity are to organise and deliver Welsh Classes for Adults in North Wales and to foster the best aspects of Welsh Culture in the spirit of inclusiveness and internationalism.
Achievements and performance
Main developments 2021/2022:
High registrations
A widespread marketing campaign in the Daily Post and online resulted in higher registrations in September than in the past.
Online Programme
We made the decision to continue offering all our classes online for now and wait to see what the Covid 19 situation would be. We continued online until the end of the educational year.
Because our programme was online, we were able to attract a huge amount of learners from a very wide catchment area - other parts of England, Wales and overseas.
Additional 0.4 Tutor-Organiser appointment
An interview was held for this position in the third term and Mark Parry, who was already tutoring with us, was appointed to the post.
It was decided that some classroom based Mynediad classes would be offered in September 2022 alongside our online programme.
The Urdd Eisteddfod was held in Denbigh in June and Popeth Cymraeg and Coleg Cambria jointly took charge of the learners' tent. Some of the Popeth Cymraeg's tutors were on the eisteddfod's learners' committee.
Financial review
Popeth Cymraeg Cyf achieved a deficit of £13,393 during the year ending 31 July 2022, compared to a deficit of £18,063 for the year ending 31 July 2021.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
Bon. Alun Jones Trustee
Verona Pritchard-Jones Charity Secretary
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Popeth Cymraeg Cyfyngedig
Year ended 31 July 2022
I report to the trustees on my examination of the financial statements of Popeth Cymraeg Cyfyngedig ('the charity') for the year ended 31 July 2022.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr E. Jones FCCA Independent Examiner
45 Stryd y Dyffryn, DINBYCH Sir Ddinbych LL16 3AH
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 July 2022
| Year ended 31 July 2022 | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Unrestricted | ||||
| fundsTotal funds | Total funds | |||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Charitable activities | 5 | 26,937 | 26,937 | 23,881 |
| Other trading activities | 6 | 303,031 | 303,031 | 302,214 |
| Investment income | 7 | 1,056 | 1,056 | 695 |
| Other income | 8 | 1,578 | 1,578 | 600 |
| ───────── | ───────── | ───────── | ||
| Total income | 332,602 | 332,602 | 327,390 | |
| ═════════ | ═════════ | ═════════ | ||
| Expenditure | ||||
| Expenditure on charitable activities | 9,10 | 346,227 | 346,227 | 345,453 |
| ───────── | ───────── | ───────── | ||
| Total expenditure | 346,227 | 346,227 | 345,453 | |
| ═════════ | ═════════ | ═════════ | ||
| ───────── | ───────── | ───────── | ||
| Net expenditure and net movement in funds | (13,625) | (13,625) | (18,063) | |
| ═════════ | ═════════ | ═════════ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 464,055 | 464,055 | 482,118 | |
| ───────── | ───────── | ───────── | ||
| Total funds carried forward | 450,430 | 450,430 | 464,055 | |
| ═════════ | ═════════ | ═════════ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 7 to 14 form part of these financial statements.
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Statement of Financial Position
31 July 2022
| Popeth Cymraeg Cyfyngedig Company Limited by Guarantee Statement of Financial Position 31 July 2022 |
||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 15 | 148,795 | 153,854 | |
| Current assets | ||||
| Stocks | 16 | – | 360 | |
| Debtors | 17 | 3,260 | 27,038 | |
| Cash at bank and in hand | 304,310 | 290,497 | ||
| ───────── | ───────── | |||
| 307,570 | 317,895 | |||
| Creditors: amounts falling due within one year | 18 | 5,935 | 7,694 | |
| ───────── | ───────── | |||
| Net current assets | 301,635 | 310,201 | ||
| ───────── | ───────── | |||
| Total assets less current liabilities | 450,430 | 464,055 | ||
| ═════════ | ═════════ | |||
| Funds of the charity | ||||
| Unrestricted funds | 450,430 | 464,055 | ||
| ───────── | ───────── | |||
| Total charity funds | 20 | 450,430 ═════════ |
464,055 ═════════ |
For the year ending 31 July 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:
Bon. Alun Jones Trustee
The notes on pages 7 to 14 form part of these financial statements.
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 July 2022
| Popeth Cymraeg Cyfyngedig Company Limited by Guarantee Statement of Cash Flows Year ended 31 July 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Cash flows from operating activities | ||
| Net expenditure | (13,625) | (18,063) |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 6,098 | 6,582 |
| Other interest receivable and similar income | (1,056) | (695) |
| Interest payable and similar charges | 270 | 231 |
| Changes in: | ||
| Stocks | 360 | 440 |
| Trade and other debtors | 23,778 | 3,569 |
| Trade and other creditors | (1,759) | (9,784) |
| ──────── | ──────── | |
| Cash generated from operations | 14,066 | (17,720) |
| Interest paid | (270) | (231) |
| Interest received | 1,056 | 695 |
| ──────── | ──────── | |
| Net cash from/(used in) operating activities | 14,852 | (17,256) |
| ════════ | ════════ | |
| Cash flows from investing activities | ||
| Purchase of tangible assets | (1,039) | (1,908) |
| ──────── | ──────── | |
| Net cash used in investing activities | (1,039) | (1,908) |
| ════════ | ════════ | |
| Net increase/(decrease) in cash and cash equivalents | 13,813 | (19,164) |
| Cash and cash equivalents at beginning of year | 290,497 | 309,661 |
| ───────── | ───────── | |
| Cash and cash equivalents at end of year | 304,310 | 290,497 |
| ═════════ | ═════════ |
The notes on pages 7 to 14 form part of these financial statements.
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 July 2022
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in Cymru and a registered charity in England and Wales. The address of the registered office is Canolfan Iaith Clwyd, Pwll y Grawys, Dinbych, Sir Ddinbych, LL16 3LF.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2022
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2022
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
| Freeehold Properties | - | 2% straight line |
|---|---|---|
| Fixtures & Fittings | - | 10% straight line |
| Y Tanerdy - Furniture & | - | 25% reducing balance |
| Equipment | ||
| Equipment & Furniture | - | 25% reducing balance |
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2022
3. Accounting policies (continued)
Defined contribution plans (continued)
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
No of trustees 8 Warranty liability restricted to £1 per trustee.
5. Charitable activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Course fees | & materials | 26,937 | 26,937 | 23,881 | 23,881 |
| ════════ | ════════ | ════════ | ════════ |
6. Other trading activities
| Other trading activities | ||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Funding/Franchise Income | 301,876 | 301,876 | 296,876 | 296,876 |
| Letting and licensing | 219 | 219 | 219 | 219 |
| Office Reimbursed Costs | 826 | 826 | 5,119 | 5,119 |
| Extra curricular activities | 110 | 110 | – | – |
| ───────── | ───────── | ───────── | ───────── | |
| 303,031 | 303,031 | 302,214 | 302,214 | |
| ═════════ | ═════════ | ═════════ | ═════════ |
7. Investment income
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 1,056 | 1,056 | 695 | 695 | |
| ═══════ | ═══════ | ════ | ════ | ||
| 8. | Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Pensions | 1,578 | 1,578 | 600 | 600 | |
| ═══════ | ═══════ | ════ | ════ |
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2022
9. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds |
Total Funds |
Unrestricted | Total Funds | ||
|---|---|---|---|---|---|---|
| Funds | 2022 |
Funds | 2021 | |||
| £ | £ | £ | £ | |||
| Language courses | 105,267 | 105,267 |
101,845 | 101,845 | ||
| Support costs | 240,960 | 240,960 |
243,608 | 243,608 | ||
| ───────── | ───────── | ───────── | ───────── | |||
| 346,227 | 346,227 |
345,453 | 345,453 | |||
| ═════════ | ═════════ | ═════════ | ═════════ | |||
| 10. | Expenditure on charitable activities by activity type | |||||
| Activities | ||||||
| undertaken | Total funds | Total fund | ||||
| directly | Support costs | 2022 | 2021 | |||
| £ | £ | £ | £ | |||
| Language courses | 105,267 | – | 105,267 | 101,845 | ||
| Governance costs | – | 240,960 |
240,960 | 243,608 | ||
| ───────── | ───────── | ───────── | ───────── | |||
| 105,267 | 240,960 |
346,227 | 345,453 | |||
| ═════════ | ═════════ | ═════════ | ═════════ | |||
| 11. | Net expenditure | |||||
| Net expenditure is stated after charging/(crediting): | ||||||
| 2022 | 2021 | |||||
| £ | £ | |||||
| Depreciation of tangible fixed assets | 6,098 | 6,582 | ||||
| ═══════ | ═══════ | |||||
| 12. | Independent examination fees | |||||
| 2022 | 2021 | |||||
| £ | £ | |||||
| Fees payable to the independent examiner for: | ||||||
| Independent examination of the financial | statements | 3,840 | 3,840 | |||
| ═══════ | ═══════ | |||||
| 13. | Staff costs | |||||
| The total staff costs and employee benefits for the reporting period | are analysed as | follows: | ||||
| 2022 | 2021 | |||||
| £ | £ | |||||
| Wages and salaries | 163,181 | 165,504 | ||||
| Employer contributions to pension plans | 22,907 | 21,320 | ||||
| ───────── | ───────── | |||||
| 186,088 | 186,824 | |||||
| ═════════ | ═════════ |
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Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2022
13. Staff costs (continued)
The average head count of employees during the year was Nil (2021: 9). The average number of full-time equivalent employees during the year is analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Number of staff - administrative | 1 | 4 |
| Number of staff -tutors | 4 | 5 |
| Number of staff -manager | 1 | – |
| Number of staff - chief executive | 1 | – |
| ──── | ──── | |
| 7 | 9 | |
| ════ | ════ |
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
14. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
15. Tangible fixed assets
| Tangible fixed assets | |||||
|---|---|---|---|---|---|
| Y Tanerdy | |||||
| Land and | Fixtures and | Furniture & | Equipment & | ||
| buildings | fittings | Equipment | Furniture | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| At 1 August 2021 | 157,462 | 21,439 | 4,467 | 73,754 | 257,122 |
| Additions | – | – | – | 1,039 | 1,039 |
| ───────── | ──────── | ─────── | ──────── | ───────── | |
| At 31 July 2022 | 157,462 | 21,439 | 4,467 | 74,793 | 258,161 |
| ═════════ | ════════ | ═══════ | ════════ | ═════════ | |
| Depreciation | |||||
| At 1 August 2021 | 15,745 | 18,219 | 4,467 | 64,837 | 103,268 |
| Charge for the year | 3,149 | 460 | – | 2,489 | 6,098 |
| ───────── | ──────── | ─────── | ──────── | ───────── | |
| At 31 July 2022 | 18,894 | 18,679 | 4,467 | 67,326 | 109,366 |
| ═════════ | ════════ | ═══════ | ════════ | ═════════ | |
| Carrying amount | |||||
| At 31 July 2022 | 138,568 | 2,760 | – | 7,467 | 148,795 |
| ═════════ | ════════ | ═══════ | ════════ | ═════════ | |
| At 31 July 2021 | 141,717 | 3,220 | – | 8,917 | 153,854 |
| ═════════ | ════════ | ═══════ | ════════ | ═════════ | |
| Stocks | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Raw materials and consumables | – | 360 | |||
| ════ | ════ |
16. Stocks
- 12 -
Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2022
17. Debtors
| Debtors | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Trade debtors | 95 | 23,863 |
| Prepayments and accrued income | 2,675 | 2,462 |
| Other debtors | 490 | 713 |
| ─────── | ──────── | |
| 3,260 | 27,038 | |
| ═══════ | ════════ | |
| Creditors: amounts falling due within one year | ||
| 2022 | 2021 | |
| £ | £ | |
| Payments received on account | 30 | – |
| Trade creditors | 5,905 | 7,694 |
| ─────── | ─────── | |
| 5,935 | 7,694 | |
| ═══════ | ═══════ |
18. Creditors: amounts falling due within one year
19. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £22,907 (2021: £21,320).
20. Analysis of charitable funds
Unrestricted funds
| At 1 August | At | ||||
|---|---|---|---|---|---|
| 2021 | Income | Expenditure | Transfers | 31 July 2022 | |
| £ | £ | £ | £ | £ | |
| General funds | 626,921 | 332,602 | (346,227) | (162,866) | 450,430 |
| Fair value reserve | (162,866) | – | – | 162,866 | – |
| ───────── | ───────── | ───────── | ───────── | ───────── | |
| 464,055 | 332,602 | (346,227) | – | 450,430 | |
| ═════════ | ═════════ | ═════════ | ═════════ | ═════════ | |
| At 1 August | At | ||||
| 2020 | Income | Expenditure | Transfers | 31 July 2021 | |
| £ | £ | £ | £ | £ | |
| General funds | 644,984 | 327,390 | (345,453) | – | 626,921 |
| Fair value reserve | (162,866) | – | – | – | (162,866) |
| ───────── | ───────── | ───────── | ──── | ───────── | |
| 482,118 | 327,390 | (345,453) | – | 464,055 | |
| ═════════ | ═════════ | ═════════ | ════ | ═════════ |
- 13 -
Popeth Cymraeg Cyfyngedig
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2022
21. Analysis of net assets between funds
| Analysis of net assets between funds | ||
|---|---|---|
| Unrestricted | Total Funds | |
| Funds | 2022 | |
| £ | £ | |
| Tangible fixed assets | 148,795 | 148,795 |
| Current assets | 307,803 | 307,803 |
| Creditors less than 1 year | (5,936) | (5,936) |
| ───────── | ───────── | |
| Net assets | 450,662 | 450,662 |
| ═════════ | ═════════ | |
| Unrestricted | Total Funds | |
| Funds | 2021 | |
| £ | £ | |
| Tangible fixed assets | 153,854 | 153,854 |
| Current assets | 317,895 | 317,895 |
| Creditors less than 1 year | (7,694) | (7,694) |
| ───────── | ───────── | |
| Net assets | 464,055 | 464,055 |
| ═════════ | ═════════ |
22. Analysis of changes in net debt
| Analysis of changes in net debt | |||||
|---|---|---|---|---|---|
| At | |||||
| At | 1 | Aug 2021 | Cash flows | 31 Jul 2022 | |
| £ | £ | £ | |||
| Cash at bank and in hand | 290,497 | 13,813 | 304,310 | ||
| ═════════ | ════════ | ═════════ |
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