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|||Page|
|---|---|---|
|Trustees'<br>report||1-5|
|Statement<br>oftrustees'|responsibilities||
|Independent<br>examiner's<br>report|||
|Statement offinancial|activities||
|Balance sheet|||
|Notes to the financial|statements|10-25|





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2022|2022|2022|2021|2021|2021|
|||Notes|8|8|6|6|8|8|
|f|||||||||
|Donations<br>and|legacies||2,503||2,503|8,054||8,054|
|Charitable<br>activities|||95,413|84,396|179,809|57,336|233,031|290,367|
|Other trading<br>activities|||9,642||9,642|22,645||22,645|
|Investments|||21||21|44|||
|Total income|||107,579|84,396|191,975|88,079|233,031|321,110|
|~ECht|||||||||
|Charitable<br>activities||7|99,328|109,127|208,455|67,082|166,470|233,552|
|Net incoming/(outgoing)|||||||||
|resources<br>before transfers|||8,251|(24,731)|(16,480)|20,997|66,561|87,558|
|Gross transfers|between||||||||
|funds|||(2,113)|2,113||(2,408)|2,408||
|Net income/(expenditure)||for|||||||
|the year/|||||||||
|Net movement|in funds||6,138|(22,618)|(16,480)|18,589|68,969|87,558|
|Fund balances|at 1 April|2021|14,189|88,965|103,154|(4,400)|19,996|15,596|
|Fund balances|at 31March||||||||
|2022|||20,327|66,347|86,674|14,189|88,965|103,154|





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||||2022||2021||
|---|---|---|---|---|---|---|
||||5||5||
|Fixed assets|||||||
|Tangible assets||||140||570|
|Cunent asseta|||||||
|Debtors||12|40,235||29,663||
|Cash at bank and in|hand||90,526||121,287||
||||130,761||150,950||
|Creditors: amounts|falling due within||||||
|one year||13|(44,227)||(48,366)||
|Net current assets||||86,534||102,584|
|Total assets less current liabilities||||86,674||103,154|
|Income funds|||||||
|Restricted funds||14||68,347||88,965|
|Unrestricted<br>funds||||20,327||14,189|
|||||88,674||103,154|






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||||unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022f|2021<br>5|
|Donations|and|gifts|2,503|8,054|





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|||2022|2021f|
|---|---|---|---|
|Education and therapy||95,413|32,220|
|Grants||84,396|258,147|
|||179,809|290,367|
|Analysis<br>by fund||||
|Unrestricted<br>funds||95,413|57,336|
|Restricted funds||84,396|233,031|
|||179,809|290,367|
|Grants||||
|Wales Council for Voluntary|Action|29,689||
|Wooden Spoon|||5,000|
|The Edward<br>Gostling Foundation|||5,000|
|Wales Coronavirus<br>Resilience Fund|||5,000|
|Virgin Money Fund|||1,166|
|Moondance<br>Foundation|||33,566|
|Arts Council ofWales||25,728|31,321|
|Economic Resilience Fund|||22,500|
|The National<br>I ottery People|and Places||82,212|
|GVS||800|200|
|Admiral|||500|
|The Percy Bilton Charity|||500|
|The Persimmon<br>Charitable|Foundation||5,000|
|People's Postcode Trust|||19,060|
|Community<br>Fund Awards for All||9,088||
|Ty Cerdd||3,091||
|POBLTrust Funding||990||
|Monmouthshire<br>BSoc||1,600||
|C3SC||4,660||
|37 - CRF3||3,481||
|Coronavirus<br>Job Retention|Scheme|5,270|47,122|
|||84,396|258,147|





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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022f|2021f|
|Management|Charges||22,000|
|Other income||9,642|218|
|Fundraising|events||427|
|Other trading|activities|9,642|22,645|



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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2022|2021|
|6|6|
|21|44|





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|||||2022<br>6|2021f|
|---|---|---|---|---|---|
|Staff costs||||84,227|103,028|
|Depreciation|and impairment|||429|450|
|Bad debt||||12,287|16,766|
|Insurance||||850|1,938|
|Consultancy|and professional||fees|40,752|33,057|
|Premises expenses||||22,272|12,774|
|Project costs||||11,413|3,954|
|Repairs and|maintenance|||5,158|14,156|
|Royalties||||1,045|255|
|Telephone<br>and IT||||4,780|10,081|
|||||183,213|196,459|
|Share of support costs (see|||note 8)|21,942|35,043|
|Share ofgovernance||costs (see note 8)||3,300|2,050|
|||||208,455|233,552|
|Analysis<br>by|fund|||||
|Unrestricted|funds|||99,328|67,082|
|Restricted funds||||109,127|166,470|
|||||208,455|233,552|





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|Support cost|s|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2022|Support costs|Governance|2021|
|||costs|costs|||costs||
|||8||||||
|Staffcosts||6,829||6,829|8,354||8,354|
|Bank charges||314||314|451||451|
|HR, legal and||||||||
|consultancy<br>fees||14,270||14,270|25,606||25,606|
|Subscriptions||79||79|130||130|
|Printing,<br>post|and|||||||
|stationery||450||450|502||502|
|Accountancy|fees||3,300|3,300||2,050|2,050|
|||21,942|3,300|25,242|35,043|2,050|37,093|
|Analysed<br>between||||||||
|Charitable<br>ecgvities||21,942|3,300|25,242|35,043|2,050|37,093|



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|The average<br>monthly<br>number ofemployees<br>during th|e year was:||
|---|---|---|
||2022|2021|
||Number|Number|
|Employment<br>costs|2022|2021|
||8|E|
|Wages and salaries|85,260|108,576|
|Social security costs|4,534|1,551|
|Other pension costs|1,262|1,255|
||91,056|111,382|





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|Tangible fix|ed assets||||||
|---|---|---|---|---|---|---|
||||Leasehold|Plant and|Fixtures and|Total|
||||land and|equipment|ettings||
||||buildings||||
||||f||||
|Cost|||||||
|At 1 April 2021|||29,375|21,119|40,163|90,657|
|At 31 March|2022||29,375|21,119|40,163|90,657|
|Depreciation|and impairment||||||
|At 1 April 2021|||29,375|20,559|40,153|90,087|
|Depreciation|charged|in the year||420|10|430|
|At 31 March|2022||29,375|20,979|40,163|90,517|
|Canying<br>amount|||||||
|At 31 March|2022|||140||140|
|At 31 March|2021|||560|10|570|



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|Debtors|Debtors|||
|---|---|---|---|
|Amounts<br>falling due within one year:||2022f|2021f|
|Trade debtors||35,982|29,663|
|Prepayments|and accrued income|4,253||
|||40,235|29,663|





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|Creditom|: amounts<br>fa|glng due within one year|||
|---|---|---|---|---|
||||2022|2021|
|||||6|
|Payments|received on|account|1,613||
|Trade creditors|||33,574|39,832|
|Amount owed to parent||undertaking|4,440|4,890|
|Accruals|and deferred|income|4,600|3,844|
||||44,227|48,366|





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|15|Analysis of|net asseta|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||2022|2022|2022|2021|2021|2021|
||||8|8|8|f|8|8|
||Fund balances at 31||||||||
||March 2022|are|||||||
||represented|by:|||||||
||Tangible assets||140||140|570||570|
||Current assets/(liabilities)||20,187|66,347|86,534|13,619|88,965|102,584|
||||20,327|66,347|86,674|14,189|88,965|103,154|





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||||2022|2021|
|---|---|---|---|---|
||||6|6|
|Within|one|year||20,646|





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|Details|ofthe charity's<br>sub|sidiaries<br>al 31 M|arch 2022 are as follows:|||
|---|---|---|---|---|---|
|Name|ofundertaking|Registered|Nature ofbusiness|Class of|%Held|
|||office||shares held|Direct Indirect|
|Touch|Trust Foundation|Wales|Trading Arm|Ordinary|100.00|
|Limited||||Shares||



|Name|ofundertaking|Profit/(Loss)|Capital and|
|---|---|---|---|
||||Reservesf|
|Touch|Trust Foundation|||
|Limited||(1,530)|9,306|