COMPANY REGISTRATION NUNIBER.. 03953683
CHARITY REGISTRATION NUMBER.. 1080314
South Riverside Community Development Centre
Limited
Company Limited by Guarantee
Financial Statements
31 March 2022

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2022
Page
Trustees, annual report (incorporating the director's report)
Independent examineffs report to the trustees
Statement of financial activities (including income and
expenditure account)
statement of financial position
Stalement of cash flows
10
Notes to the financial statements
11

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Trustees, Annual Report {Incorporating the Director's Report)
Year ended 31 March 2022
The Iruslees, who are also the direclois for the purposes of company law. present their reporl and the
unaudited f1nancial slalements of the charity for the year ended 31 March 2022.
Reference and adminlstrativè detalls
South Riverside Community Development Centre Limlled
1080314
Registèred ¢harity name
Charity registration number
Company règistration number 03953683
Prin¢lpal offlce and registèred South Riverside Community Centre
offic8
Brunel Street
Riverside
Cardiff
CF116ES
The trustees
W Findlay
J Singh
J Marsh811
G Owen
D Hann
K Abbdi
S Carleton
K Barker
S Khan
M Svobodova
N Hamonda
M Kodur
Company secretary
S Abdul
Staff Managem&nt Group
N Binnell (retired 26th July 20211
J Abell
T Dimmid(
C Davies
S Krause
S Way {resigned 7th May 20211
R Robinson
L Gray
J James
S Khaireh
A Heath

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2022
Bankers
HSBC Bank plc
259 Cowbridge Road East
Canton
Cardiff
CF71 9TN
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
Wesl Mailing
Kent
ME194JQ
Accountant
Gordon Down Accounlanls
Temple Court
13a Cathedral Road
Cardiff, CF119HA

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (eontinued)
Year ended 31 March 2022
Chairperson's Report
Around March 2021. the UK experienced the gradual lift of COVID 19 reslriclions, with all legal limils on
social contact finally ending In June 2021 with our SRCDC commLJnily, alongside the rest ol the UK,
gelling back on roule to a more normal life. We celebrated this by pulling off a remarkable achievement
with the posl-lockdown 'Summer of Smiles, activilies for local young people and their families, all
su¢cesslully faalilated by the Youth Innovation Project and the Young People 8nd Parents Project in
collaboration wlh the River Music Project.
In the summer of 2021, our Director Neil Binnel announced he would be leaving us. We were able lo
successfully faoilitale this transition in leadership by welcoming Jen Abe11 as our new Director. Jen took
up on hèr New role with great erilhusiasm and creativity and made this process of change feel seamless.
By securing Heritage Lottery Funding, we have ensured the contlnuily of the Greening RiveTside Project
which now bears a new name 'Local Places lor Nature
Breaking Barriers,, designed to increase
engagement of diverse communities in accessing nature on their doorstep. Th15 will enable us lo support
local people in helping lo make Riverside a greener place.
Our anti-poverty programmes, We Can Work It Out and the Believe project, managed to create high
levels of change for the better among so many of its participants. While looming recession, the cost-of-
living crisis, and olher dark clouds Ihal are either already here or on the horizon in W8les make the need
for projects like these greater than ever. The principles the Believelcredu project has shown, and the
changes it has helped its participants make to their live5, at least point the way lo a brighter future for
minority ethnic women seeking paid work and greater social and financial resilience. 11 also import8nlly
led lo the forming of another new SRCDC proje¢l called Let's Interpret.
Our Wyndham Street Pantry is now well established as a social enterprise, working in partnership with
various other charities and suppliers lo provide a weekly food package worth £30 loi an affordable price
of £5. We have also estsblished an exciting new partnership with FDodCycle, working lo ease food
poverty, loneliness and food waste for our cornmunily, by providing delicious three course meals and
great conversation each Wednesday night, whilsl using food whi¢h would otherwise go lo waste.
The 2021-22 financial year started with SRCDC projecting a deficit of £1,903. By March 2022 this was
overturned to an unrestricted surplus of £10.194. Full suslainabilily has not been achieved and we face
new challenge5 in the years ahead. Bul grants and project opportunities are still rolling in. including the
exciting £250,000 refurbishment for the Warehouse communrty building that will transform the rLJn-down
facility into a bright community space that will continue to house our irnportanl youth provision in the
area as well as our ESOL c13sses.
1am delighted lo report that SRCDC has had such a successful year. By recruiting a new Director and
other new team members. we added new oapacily lo enable us lo respond lo urgent developments and
develop new projecls, while maintaining our core programmes. We have exciting plans for the ftjture
and SRCDC 15 in a sliong position. ensuring ils important work will continue.
We've achieved so much together since coming out of the global pandemic. We are very aware ol the
slgnificant challenges lacing OUT community over the coming winter and beyond. We will do everything
we can lo ensure that all our brilliant community's resources are mobilised to support people through
these limes.
l am grateful for the hard work of all the staff, including the ¢hildcaTe provider5, cleaners, volunteers,
youth workers and project leaders. directors, and Iruslees.
Martina Svobodova,
Chair of SRCDC Trustees.

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Trustees. Annual Report Ilncorporating the Director's Report) (contsnued)
Year ended 31 March 2022
Objectivos and activltl8S
The ¢harily's 3im5 are to..
advance the education of the public in mallers related lo mental, physical, cultural and social we￿are.,
relieve poverty
Strdteglc Alms
Our strategic aims- the interrelated means by which we will achieve our mission are..
TL) foster the empowerment of individuals and groups through providing information, facilitating
involvement in issues that affect their lives through supporting community organisalion and
developing skills.. and acting as an independent, represenlalive voice for the community.,
Ensure access lo services, facilitie5 and opportunities necessary for the social and economic
development, health and well-being.
Develop strong cross-cullural relationships which ￿CogniSe, value and ¢elebTale the multicultural
makeup of our community. We aim to achieve thi5 by supporting cultural activities within each
community, encouraging sharing between ¢ullures and promoting understanding and a¢¢eptance,
which wll benefit our dive¥se communities.
The centre operates wlh the following values and processes lo promote..
Social Justice
Enabling people to claim their human rights, meet their needs and have greater control over the
decision-making process which affects their lives.
Partlclpation
Facilitating democratic involvement by people in the issues, which affect their lives, based on full
citizenship, autonomy, and shared power, skills, knowledge and experienee.
Equality
Challenge the alliludes of individuals. and the practices of institutions and soclely, that discriminate
against and marginalise people.
Learning
Recognise the skills, knowledge and experience that people contribute and develop by taking action to
tackle SOfAal, economic, politic31, and environmental issues.
Co-operation
Work together lo identify and implemenl a¢lion, based on mutual respect of diverse cultures and
contributions.

South Riverside Community Development Centre Limited
Company Llmited by Guarantee
Trustees. Annual Report Ilncorporating the Director's Report) (contintffjd)
Year ended 31 March 2022
Achievements and p8rformance
Believalcredu
The Project provided employment and training support lo women from ethnic minority communities over
25 years of age in our area of benefit. 11 w8s funded for 3 years by the Henry Smith Chaiity and we are
awaiting updates on a second funding submission to hopefLJIIy Tun from J8nuaTy 2023-December 2026.
The projeol has partnered with a number ol agencies to overcome challenges such as transport,
language and work experience. It facilitated food pop-up Gel Cooking courses, B1 courses, read and
write cl8sses, ¢ycling lesson5, sewing workshops and initially organised an Interpreters course which
has led lo the forming of a now sland alone SRCOC project called Let's Interpret.
The project also Provided support lo our diverse Community via weekly Friends and Neighbours gTOUPS
IFANI, an annual Inlernalional Women s Day celebration, facilitating 8 safe space for Iftar, Eid
celebrations and facililaling a Science Festival.
The project worked in p8rtnership with other organisalions lo provide new experiences and skills for
women from the community such as rowing. climbing and walking which has led to women lo consider
these as fLJlure employment opportunities and support lo follow this pathway. This has led lo women
reporting that they are more ¢c>nfidenl seeking work OPPDrtunities.
Despite the challenges of ￿MIng out of the pandemic the project has had a great deal ol success in
achieving ils outcomes. This was down lo intensive support and advocacy when required, building upo
participants, many existing assets wherever possible, and being fflexible with the progiamme towards
the greatest areas of strengths lo be found among ils beneficiaries. In doing this Believel Credu was
able to find ways to help participants see a realistic pathway lo decent work opportunities, which they
may not have ¢onsidered before.
We Can Work It Out
We Can Work It Out is a 3-year funded lollery project aimed al helping lo tackle in-work poverty. It has
worked closely wth local minority ethNi¢ families and last year. working alongside the New Economics
Foundation, co-produced a detailed research document through the method of peer research, with
re￿MMendatIonS widely circulated amongst Welsh Government. Key areas of need highlighted in the
report are now being developed in the final year of the projed.
A Language Café brings to together people who want lo practice their English and reduGe isolation.
Weekly tutor sessions were run on-line in Maths, English & Science lo help prepare for children for their
GCSE'S. The project supported weekly ESOL, computer sessions and Read & Write classes all of which
were identified as a need lo progress closer to the labor market.
Gregning Riverslde
December 2021, Greening Riverside became a Heritage Lollery Fund, 'Local Places for Nature
Breaking Barriers, project. Funded for 16 months, il is designed to incre8se engagement of diverse
communities in accessing nature on IheiT doorstep. To a¢hieve this, we have run over 25 different
activities, Including c1a5sroom and hand-on outdoor learning opportunities in a range of different
habitats.. our local parks, front gardens, Bute Park and trips lo the coast. On-going engagement of the
whole community will produce a Local Plan lor Nature in Riverside. By March 2023. this plan will pull
I(￿ether all the activities and projects operating in the area, along with our a¢lions lo-date and our ideas
for the future lo preserve and improve our local green spaces for both nature and people.

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continuod?
Year ended 31 March 2022
Youth Innovation Project Rlversido & Grangètown
This has been an extraordinary period In our lifetime especially lor young people. The youth innovation
prolecl Riverside and Grangelown has been, and ¢onlinues lo be, al the front line engaging wrth young
people.
Our open access provision is seeing consistent numbers of young people, and a ktty focus has been
around Resilience, Health through SporVFood and the Expression ol SklllslAmbitions through
mulllmedia & music projects.
A key fealu¥e has been supporting groups of young people taking part in a community projects:
50 plus young people completed Inlergeneralional project with the over 60's.
8 young people gained Sports Leaders Award level 11
8 young people won 4 Gold Medals. 5 Silver, and 1 Bronze medal in 8rilish Cross Country
Finals
iv.
6 Youth people joined Youth Volunteers Wales
Let's Interpret
Between April 2021 and March 2022, Let's Interpret recwiled a further 20 members. Funding from First
Campus allowed us lo offer a more comprehensive training programme, and when this was successfully
completed. we were able lo continue our work with support from the Vve Can Work It Out project. 17 of
the new members successfully compleled Ihe"Firsl Steps lo Public Sèrvice Interpretation course and
6 also went on lo successfully complete the Introduction lo health interprelalion" course
both
accredited courses, delivered by Cardiff University. Our members also benefitled from training on
safeguarding, equality and diversity awareness, health screening, vicarious trauma, mental health
awareness ancl assertiveness. 15 members pul their linguistic skills Into practice via work experience
opportunities, undertaking translation and inlerprelalion work for local third sector organisalions, and 2
went on lo start working as self-employed inlerprelers.
Young People and Parents Project
The project employs 10 sessional childcare workers who are qualified lo work with babies and children
aged O 10 19 years.
The project specialises in providing mobile crèches that run alongside classes for adults. This
has
proved very successful as many organisalions lind il 15 essential lo provide childcare so that their
participants are able lo access their courses. The project has partnership with 8 organisaions that
regularly use the mobile crèche.
The project was successful in obtaining funding from BBC Children in Need to run a Parent & Toddler
group which started in September 2021, the project has over 20 families enrollell for the group.
Rlver Muslc
River Music has two areas of activity bound together by the involvement ol local people promoting
cultural Diversity.
The ostensibly muslc focused aspeel ol the work involves the engagement of local musicians from
diverse cultures in a series of musical ￿ntent se55ions, mostly run as open iehearsals. Th￿S work
culminated in a programme of workshops and performances leading up to the Riverside Festival in
August. Workshops and open rehearsals have contintjed. involving in excess of 100 individuals overthe
COL)rse of the year.
The second eFemenl is awessible arts for local children and young people, predominar*lly 6-12 year
olds. Activities have included weekly Ukulele classes, a series of UV light workshop5 and performances,

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2022
arts workshops with Umbrella Arts, drum workshops, science workshops with Techniquesl and Cardiff
Science festival, dance workshops with Ballet Cymru, musi¢ technology, animation workshops, craft
workshops including mask, lantern, festival costumes and jewellery, story-telling, lullaby writing with
Opera Sonic, mural making and pottery sessions with a wheel. There have been over 700 children
participating in such aclivilies.
Wyndham Street Community Pantry
The pantry membership reached 500 members by March 22 with new members joining most weeks.
11 served an average of 60 members per week who pay £5 for a £30 shop. We have started a 'pay il
forward, scheme where member5 can pay for someone else lo shop (similar to the scheme in some
coffee shops).
We have a steady number of volunteers who cover Tuesday and Wednesday when the pantry is open
they come from 8 range Df backgroundslcullures Our volunteers completed 14 online training courses
in Food Hygiene, Manual Handling, Dala Protection and Fire Safety.
We hosted various projects including Bereavement Care for BAME residents (based in ACE), Food
Gycle who use leftover food to serve free three course meals every Wednesday evening & two events
by the Riverside Greening Prc>jecl lo di51ribule free plants lo the Pantry members.
'We have incTeased the number of donations through the Co-op, Faitwater A11otments. Grangelown
Growers, Brod bakeiy and Alex Gooch bakery. We follow protoco15 lor accepting don81ions provided by
Fare-share.
Flnancial revlow
The charitable company continued to develop its financial policies and management during 2021-22.
The charity had various SDur¢es of income during Ihe period and will continue lo build on ils strategic
policy of developing and improving the diversily of ils income streams.
The charity conducts Ils core 8Ctivilies from ils main building in Brunel Street, a freehold property whi¢h
il owns, and from the Wyndham Street Centre and The Warehouse, Machen Place which it leases from
Cardiff Council.
The charitable company is ieporling a deficit of £57,539 for the year ended 31 March 2022 compafed
lo a surplus of £142,159 for the previous ye8r.
Reserves Policy
The charitable company holds £427,887 in reserves compared lo £485,426 in the previous year. The
Teserves are classified as £109,029 unreslrlcled and £318,658 restricted. 11 is the policy of Soulh
Riverside Community Development centre lo hold sufficient reseTves to cover al least 6 months
operational costs plus potential redundancy costs.
The current calGulaled unrestricted reserves target Is £49,862 therefore the unreslriGled reserves of
£109,029 are currently suffici8nl. Officers and Trustees will continue to Teview and monitor the ￿ serves
largel and levels.

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {¢onliiiu&
Year ended 31 March 2022
Small company provislons
This report has been prepared in accordance with the provisions applicable lo companies entitled to the
small companies exemption.
trustee5 by..
The Iruslees, annual report was app
LF,¥,i | Il
and signed on behalf of the board of
D Hann
Trustee

' South Riverside Community Development Centre Limited
Company Limlted by Guarantee
Independent Examinerfs Reporl to the Trustees of South Riverside Community
Development Centre Limited
Year ended 31 March 2022
I report lo the truslees.ori my oxaminalion of the linan¢ial" slalemenls of South RiveTside Communlly
Development Cenlro.Llmiled I'the charily.) for the ygar ended 31 Maich 2022.
Rosponslbllillès and basls of raport
As the trustees of the company.12nd also Its d1reclors for the purpose5 01 company lawl you are
responslbl& lor th8 preparation of the ftnancial slalgmenls in accordance wSlh Ihe requiremenis of the
Companies Act 20061'th6 2006 Acl'l.
Having sa115fled myself that the accounts of the company are not requlred lo be audlled under Part 16
of Ihe 2006 Aci and are ellglble for indep&ndeNI examination. I report in respe¢l (If my exaniinallon of
th¢ charlly's accounts as Garried out under section 145 of the Charilies Act 2011 I'lhe 2011 Act'l. In
carrying out my examination I have followed the Directions given by thè Charlly Commlsslon under
s¢etlr>n 14515llbl of the 2011 Act.
Indep*odent examiner's statement
Slnce the charity's gross Income exceeded £250,000 your èxaininer musi be a member of a body listed
In section.145 of the 2011 Act. I ￿nfir[n that l am qualrfled lo underkke the exatninallon becau3e I'am
a rnember of the Inslllute of Chartered Accounlanls In England atKI Wales IICAEWI, which Is one of the
listed bodies.
I hav0 completed tny examination. I confimi ihat no mallers have come lo my allention In conneclion
with the eXaMinat￿n glvlng me cause lo believe..
acwunling records were not kept in respect of the charity as r8quired by" section 386 of the
2006 Act.. or
Ihefinanelal stalements do not accord wllh those r8cords,' or
the financial slalemenls do not comply Ydlh accounung rèquirements of $6clon 396 01 Ihg
2006 Act other than any rgoulremgnl Ihal the accoun15 glve a'lrue and view whlch is not
a matter considered a5 parl of an independent examlnailon., or
the finan￿al statements have not bgen propared In accordance with, the melhody and
principl88 of the SlalemeNI of Recommended Pr3clice for accounting and reporbng by
charllies applitable lo charllles preparlng their aocounls in accordance with Ihe Financial
Reporting Slandaid appliFable In th& UK atKI Repyblic of I￿land IFRS 1021.
I have no concerns and hgve come across no other matters in oonneclion with Ihe examinttlion lo which
attention should be drawn In thls report in order lo enabl8 a'proper und9r51anding of the accounts lo be
reached.
Philip Harris
Independenl Examiner
e)L

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Statement of Financial Activities
{including income and expenditure accounti
Year ended 31 March 2022
2022
Reslricled
funds Total funds
2021
Unrestricted
funds
Total funds
Note
Income and endowmenls
Donations and legaeies
Other trading activities
28,939
60,473
89,412
362.964
391,g03
60,473
543,874
58,287
Total income
362,964
452,376
602,161
Expenditure
Expenditure on charitablo aGlivities
Total expenditure
114,907
395,008
509,915
509,915
460,002
114,907
395,008
460,002
Net16xp•nditurèVincome
125,4951
(32,044}
157,5391
142,159
Transfers be￿een funds
35.689
135,6891
Net movement in funds
10.194
167,7331
(57,5391
142.159
Reconciliation of funds
Total funds broughl fonKard
Total funds carried forward
98,835
109,029
386.591
485.426
343,267
485,426
318,858
427,887
The slalemenl of financial aclivilie5 includes all gains and losses re¢ognised In the year.
All income 8nd expenditure derive from continuing aclivilies.
The notes on pages 11 to 23 forrn part of these financlal statements.

South Riverside Community Development Centre Limited
Company Limited by Guarantee
ststement of Financial Position
31 March 2022
2022
2021
Note
Fix8d assets
Tangible fixed assets
13
124,304
123,025
Current assèts
Stocks
Debtors
Cash al b8nk and in hand
14
15
200
23,001
313,766
200
10,516
384,851
395,567
336.967
Creditors: amounts falling due within one year
Nèt current assets
16
33,384
19,254
376,313
303,583
Total a$sots les5 current liabiSltl8s
427,887
499,338
Creditors: amounts falling du& after mor8 than one year
Net assèts
17
13.912
427,887
485,426
Funds of the charity
ReslriGted funds
Unrestricted funds
318,858
109,029
427,887
386,591
98,835
Total charity funds
20
485,426
For the year ending 31 March 2022 the charity was enlilled lo exemption from audit under section 477
of the Companies Act 2006 relating lo small ¢ompanie5.
Directors, responsibilllies..
The members have not required the company to obtain an audlt of its financial statements for the
year in question in accordan¢e with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act with
iespecl lo acGOLJnting records and the preparation of financial statements.
These financial slalemen15 have been prepared Sn a¢¢ordan¢e with Ihe provision5 applicable lo
companies subject to the small cornp8nies' regime.
These financial statements were approved by the board of Iruslees and aulhorised for issue on
d are signed on behalf of the board by".
D Hann
Trustee
The notes on pages 11 to 23 form part of these financial statements.

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2022
2022
2021
Cash flows from operating activities
Nel lexpendilurellincome
157,5391
142.159
Adjustments for..
Depre¢lalion of tangible fixed assets
Government grant in¢otne
Accrued lincomellexpenses
3,010
16,1611
15,9771
1,699
164,6361
5,394
Changes in..
Trade and other debtors
Trade and other creditors
110,6221
4,332
24,817
6,327
Cash generated from operations
Nel cash (used inllfrom operating acliwlies
172,9571
172,9571
115,760
115,760
Cash flows from investing activltles
PLJr¢hase of tangible 35sels
Net cash used in investing actiwlies
14,2891
14,2891
(7.445)
17,445}
Cash flows from frnancing actlvlties
Government grant income
Nel cash from financing activities
6,161
64.636
6,161
64,636
Net Ideereasellincrèasè in cash and cash equivalents
Cash and cash equivalents at beginnlng of year
Cash and ¢ash equivalents at end of year
171,0851
384,851
313,766
172,951
211,898
384.849
The notes on pages 11 to 23 form part of these flnancial Statements.
10

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2022
Ganeral information
The charity is a public benefit enlily and a private company limited by guarantee, regislored in
England and Wales and a registered chaTily in England and Wales. The address of the registered
office is South Riverside Comrnunily Cenlre, Brunel Street. Riverside, Cardiff, CF116ES.
statemènt of compliance
These financial slalements 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 appli¢able lo Gharilies preparing their ac¢oun15 in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 IGh8rities
SORP IFRS 102)) and the Companies Act 2006.
Accountlng poll¢les
Basis of preparatlon
The fin8nual statemen15 have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilrties and investment propertie5 measured al fair
value through income or expenditure.
The financial statements are p￿pared in sterfing, which is the functional currency of the entty.
Golng concern
There are no materi81 uncertainties about the ¢harilYs ability lo continue.
Judgemènts and key Sources of estimation uncertainty
The preparation of the financial $latemenls requires management lo make judgements, eslimales
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experien¢e and other factors, including expectaliong of
future events that are believed lo be reasonable under the circumstances.
Fund accounting
Unreslricled funds are available for use al the discretion of the Iruslees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular futu￿ project or
commitment.
Restricled funds are subjeoled lo restrictions on their expendituie declared by the donor or through
the tèrms of an appeal and fall into one of two 5ub-cla5ses.' restricted income funds or endowment
funds.

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statemenls (conlfnu￿lj
Year ended 31 March 2022
Accountlng pollciès (¢ontinue#J
Incoming resourcès
All incoming resources are incltjded in the slalement of financial activities when enlillemenl has
passed lo the charity., il is probable that the economic benefits associated with the transaction will
flow lo the charity and the amount can be reliably meastjred. The lollowing spe¢ilic policies a
applied lo particular categories of income..
income from donations or grants is recognisecl when there is evidence of entilleTnent lo the
gift. receipt is probable and ils amount can be measured reliably.
legacy Income is recognised when receipt is probable and enlillemenl is esl8blished.
income from donated goods is measured al the fair value of the goods unless Ihls is
impractical lo measLJre reliably, in which case the value is derived from the cost lo 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 servi¢es is re¢(>gnised with the delivery of the
contracted service. This is classified as unreslricled funds unless there is a contractual
requirement for il lo be spent on a particular purpose and retumed il unspent, in which case
11 May be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure include5 any
VAT whid) cannot be fully recovered, and is classified under headings of the slalemenl of financial
activities to which il relates..
expenditure on iaising funds indudes the costs of all fundraising adivilies. evenl$, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all eosls incurred by a charrty in undertaking
activities that further ils charitable aims for the benefit of ils beneficiaries, including those
support costs and costs relating lo the govemance of the charity apportioned to charitable
other expenditure includes all expenditure that is neither related to raising funds for the charity
nor part ol ils expenditure on charitable activities.
All costs are allocated lo expenditure categories reflecting the use of the resouice. Direct wsls
attributable lo a single a¢tivily are allocated directly lo that activity. Shared costs are apportioned
between the a¢tivilies they contribute to on a reasonable, justifiable and ¢onsislent basi5.
Tanglble assets
Tangible assets are initially recorded al CDSt, and subsequently stated al cost less any accumulated
depreciation and impairment losses. Any tangible assets carried al revalued amounts are recorded
at the fair value al the dale of revaluation less any subsequent accLJmulaled depreoialion and
subsequent accumulated impairment losses.

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 31 March 2022
Accounting pollcies (conlinuodj
Tangiblè assets Icontlnue
An increase in the cariying amount of an asset as a result of a revaluation, 15 recognised in other
recognised gains and losses, unless il reverses a charge for impairment that has previously been
recognised as expenditure within the slalemenl of financial activities. A decrease in the carrying
amount of an asset as a resuSt of r&valualion, Is Tecognised in other recognised gains and losses,
except lo which il offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Dèpreciation
Deprecialion is calculated so as lo write off the cost or valuatson of an asset, less Its residual value,
over the useful e¢onomi¢ life of that a5sel as follows..
1 YD straight line
25 /0 slr8ight line
25% straight line
Freehold property
Fixtures and fillings
Equipment
Impairment of fixed assets
A review lor indicators of impairment is carried out al each reporting dale, with the recoverable
amount being esllmated where Such indicators exist. Where the carrying value exceeds the
recoverable amount. the asset is impaired aG¢ordingly. Prior impairments aTe also reviewed for
POS5ibl& reversal at each reporting dale.
For the purposes ol itnpairment testing, when il is not possible to estimate the recDverable amount
of an individual asset. an estimate Is made of the recoverable amount of the cash-generaling unil
to which the asset belongs. The cash-generating unil is the smallest idenliliable group of assets
that includes the asset and generates cash inflows that largely independent ol the cash inflows
from other assets or groups Df 35sets.
For impairment lesling of goodwll, the goodwill acquired in a business combinalion is, from the
acquisilion dale, allocated to each of the cash-generating units that are expected lo benefit from
the synergie5 of the Combination. irrespective of whether other assets or liabilitie5 of the charity
are assigned lo those units.
Stocks
sto¢ks are measured al the lower of cost and estimated selling price less costs lo complete and
sell. C051 includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock lo ils present location and condition.
Government grants
Government grants are reoognised at the fair value of the asset received or receivable. Grants are
not recognised until there is reasonable assurance that the charity will comply with the conditions
attaching lo them and the grants will be received.
13

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements {¢ontinue
Year ended 31 March 2022
Accountlng polic1&$ (conllnued)
Government grants (¢onllnuod)
Where the grant does not impose spe¢ified future performan￿-relaIed condillons on the recipient.
it is recognised in income whon the grant proceeds are re￿iVed or receivable. Where the grant
does impose specified future performanTr-related conditions on the recipient, il is recognised in
income only when the performance-related conditions have been met. Where grants received are
prior to satisfying the revenue recognition Crlteria. they are recognised as a liability.
Financial instruments
A financial asset or a financial liabilty is recognised only when the entity becomes a party to the
eonlraclual provisions of the inslrumenl.
Basic financial instrLJmenls are initially recognised al the amounl receivable or payable Including
any related transaction costs, unless the aTrangemenl conslilules a financing transaction, where il
is re¢ognised al the present value of the future payments discounted al a market rale ol interest
for a similar debt inslrumenl.
Current assets and Current liabilities are subsequently measured al the cash or other consideration
xpecled lo be paid or received and not discounled. Debt instruments are subsequently measured
al amortised cost.
Definèd contrlbution plans
Conlribullons to defined contribution plans are recognised as an expense in the period in which
the related servi¢e is provided. Prepaid contributions are recognised as an asset lo the extent that
the prepayment will lead to a reduction in future payments or a cash refund.
When conlTibulion$ are not expected lo be sellled wholly within 12 months of the end of the
reporting date in which the employees render the related setvice, 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 il arises.
Llmited by guarantee
The company is lirFTriled by guarantee and does not have a share capital. The Ilabilily of the
n7embers in the event of the company being liquidated is liiniled to £1 per member.
14

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnued)
Year ènded 31 March 2022
Donatlons and legacies
Unreslricled
Funds
Restricted Total Funds
Funds
2022
Donations
639
639
Unreslricled
Funds
Reslricled Total Funds
Funds
2022
Grant5
Lollery - We can work it out
Henry Smith Foundation
Cardiff Council- Youth Innovation
Cardiff Council- Girls Sport Grant
Caidiff Council- Summer of Smiles
Cardiff Council- Winter of Wellbeing
Gardiff Council - Playworks Holiday Fund
WCVA Landfill Disposal Tax Communities Scheme
Heritage Fund
Good Things Foundation- BT Skills
Arts Council of Wales- River Mu51¢
River Music Lullaby Project
River Music- Neighbourly grant
Riverside Festival
The Pantry
Cardiff University Innovation Fund - Lets Interp￿t
Bevan Foundation - Research Project
WGVA- Improve & Thrive
After School Club
Ace - Food lor Life
The Sewing Project
C3SC- Comic Relief Emergency Fund
Ace - Food Power Generation
BBC Ghildren in Need
The Waterloo Foundation
Cardiff Council-sanilary Products
Moondance Foundation
Communily Fund Wales- Go for Girls
Aviva Community Fund
Government grant income
10,544
3,192
3,200
95,082
56.608
36,800
1,696
2,900
10.000
5,789
5,260
40,601
105,626
59,800
40,000
1,696
2,900
10,000
5,789
6,317
40.601
1,057
20,250
1,100
1.000
17,604
20,250
1,100
1,000
17,604
4,928
12,5711
2,822
4.928
2.571
7,612
10,434
3.875
3,875
9,183
20,000
4,000
9,183
20,000
4,000
124
11241
20,000
6,161
362,964
20,000
6,161
28,939
391.903

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 31 March 2022
Donations and legacies (conllnued)
Unreslricled
Funds
Reslricled Total Funds
Funds
2021
Donations
Unrestricted
FunLIs
Restricted Total Funds
Funds
2021
Grants
Lollery- We can work il out
Henry Smith Foundation
Cardiff Council - Youth Innovation
Cardiff Council - Girls Sport Grant
Cardiff Council- Summer of Smiles
Cardiff Council- Winter of Wellbeing
Cardiff Council- Playworks Holiday Fund
WCVA Larndfill Disposal Tax Communities Scheme
Heritage Fund
Good Things Foundation - BT Skills
Arts Council Df Wales- River Music
River Music Lullaby Project
River Music- Neighbourly grat)I
Riverside Festival
The Pantry
Caidiff University Innovation Fund - Lets Interpret
Bevan FoLtndalion - Research Project
VVCVA - Improve & Thrive
After School Club
Ace- Food for Life
The Sewing Project
C3SG- Comic Relief Emergency Fund
Ace - Food Power Generation
BBC Children in Need
The Waterloo FoLJndalion
Cardiff Council-sanilaiy Products
Moondan¢e Foundation
Community Fund Wales- Go for Girls
Aviv3 Community Fund
Government grant income
146,101
59.001
30,000
146,101
59,001
30,000
1.475
1.475
S,600
3,600
6.600
3,600
9,976
70,590
6,960
22,500
41,735
2,580
1,125
6,995
5,000
9.600
9,976
70,590
6,960
22,500
56,735
2,580
1,125
6,995
5,000
9,600
15.000
1,400
1,400
39,000
39,000
28,OC>O
82,000
36,636
64.636
461.874
543,874
Other tradlng activitles
Unrestricted Total Funds Ljnreslricled Total Funds
Funds
2022
Funds
2021
Rental In¢ome
Other Ineorre
The Pantry Membership
42,207
9,174
9,092
60,473
42,207
9,174
9,092
27,295
30,992
27,295
30,992
0,473
58.287
58,287
16

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnug
Year ended 31 March 2022
Expenditure on charitabl8 activities by fund typg
Unreslricled
Funds
Restricted Total Funds
Funds
2022
Activity type
Support costs
114,280
627
395,008
509,286
629
114.907
395,008
509,915
unreslric16d
Funds
Re51ri¢led Total Fund5
Funds
2021
Activity type
Support costs
114,080
605
319,224
26,093
433,304
26,698
114.685
345,317
460,002
Expenditure on charltable activltles by aclivlty type
Activitie5
undertaken Total funds
directly
2022
Total funds
2021
Acliwty type
509,286
509,286
433,304
Net lexp9ndlturellincom•
Net lexpenditureifincome is slated after chargingllcredilingl..
2022
2021
Dep￿ciatiOn of tangible flxed assets
3,010
1,699
10. Independent gxamination fees
2022
2021
Fees p3y8ble to the independent examinei for..
Independent examination of the financial 51alemenls
3,000
2,400
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as fo11ows'.
2022
2021
Wages and salaries
Employer contributions lo pension plans
276,526
8,424
208,661
12,532
284,950
221,193
17

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (contintsed)
Year ended 31 March 2022
q. Staff costs [¢ontlnuedl
The average head count of employees during the year was 3312021.. 401. The average number of
full-lime equivalent employees during the yeaT is analysed as follows..
2022
No.
2021
No.
Senior Manager
Project Manager
Project Officers
Crechelyoulh Workers
Cleanerl Caretakers
33
No employee received employee benefits of more than £60,000 during the year12021.' Nill.
12. Trustee remunaratlon and expenses
No remuneration or other benefits from employmènt with the charity or a related entity were
received by the Iruslees in the year.
13. Tangible fixad assets
Freehold Fixtures and
property
fittings
Equipment
Total
Cost
At l April 2021
Additions
198,125
66,361
28.409
4,289
292.895
4,289
At 31 March 2022
198,125
66,361
32,698
297,184
Depreciation
Al 1 April 2021
Charge for Ihe year
At 31 March 2022
82.544
1,699
62,040
432
25,286
879
169,870
3.010
84,243
62,472
26,165
172.880
Carrying amount
At 31 March 2022
113,882
115,581
3,889
4,321
6,533
124,304
123,025
Al 31 March 2021
3,123
14. Stocks
2022
2021
Raw materials and ¢on8umables
200
200
18

South Riverside Community Development Centre Limited
Company Llmited by Guarantee
Notes to the Financial Statements (contly>ued)
Year ended 31 March 2022
15. Debtors
2022
2021
Trade debtors
Prepayments and accrued income
Other debtors
13,331
7,214
2,456
23,001
11,048}
4,945
6,619
10.516
16. Cr8ditors- amounts falling due within one year
2022
2021
Trade creditors
Accruals and deferred income
WGVA Loan
Other creditors
6,136
5,734
17,390
4,124
2,528
9,848
5,000
1,878
33.384
19.254
17. Creditors: amounts falling duo after more than one year
2022
2021
WCVA Loan
13.912
18. Penslons and other post retirement benefits
D￿Ined contributlon plans
The amount recognised in in¢ome or expenditure as an expense in relation to defined contribution
plans was £8,42412021'. £12,532).
19. Governmènt grants
The amounts recognised in the financial statements for government grants are a5 follows..
2022
2021
Recognised in income from donations and legacies..
Government grants income
6,161
64,636
19

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 31 March 2022
20. Analysis of charitable funds
Unrestricted funds
Al
1 April 2021
At
31 Mar 2022
Income Expenditure
Transfers
General funds
The Pantry
98,835
80,181
9,231
89,412
181,8141
133,2931
1114,907)
5,291
30,398
102,693
6,336
98.835
35.689
109.029
At
1 April 2020
Al
31 Mar 2021
Income Expenditure
Transfers
General funds
The Pantry
73,233
140.287
1114,6851
98,835
73,233
140,287
1114,6851
98,835
Restricted funds lyear to 37" March 20221
Al
1 April 2021
At
31 Mar 2022
Income Expenditure
Transfers
Lottery- We can work il
out
Henry Smith Foundation
Cardiff Council - Youth
InnovaliorTr
Greening Riverside
WCVA
Good Things Foundation
BT Skills
River Music
Riverside Festival
The Pantry
Cardiff University
Innovation Fund- Lets
Interpret
Bevan Foundation
Research Project
WCVA - Impiove &
Thrive
After School Club
Ace- Food for Life
The Se¥Mng Project
C3SC- Gomic Relief
Emergency Fund
Ace- Food Power
Generation
78,SQ9
28,437
95,094
56,608
1137,4821
157,7321
13.0001
33,211
27,162
10,784
36,800
137,4701
10,114
10,361
5,259
115,6211
4,321
4,974
798
28,817
11.750}
(2,6551
115,4821
2,571
2,319
2,920
17,S04
128,8171
326
4,928
19,5431
4,289
20,483
12,5711
116,7961
1.116
40,185
1,663
1,125
2,591
2,821
141,3741
11,6631
12,8311
{101
3,710
5,342
3,875
2,169
12,5811
4,000
13421
3.658
5,720
11,5501
4,170
20

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (conlinued)
Year ended 31 March 2022
20. Analy$ls of charitabla funds (¢ontlnued)
Restricted funds (year(0 31" Alarch 2022 ¢ontlnued)
At
1 April 2021
At
Transfers 31 Mar 2022
Income Expenditure
Cardiff Gouncil
Sanitary Produ¢ts
Lottery- awards for all
Cardiff University
IERSFI
Community Fund Wales
Go for Girls
Reach Project
Awards for All - Womens
Ghat
Story Museum
Aviva Community Fund
Arts Couni¢l of Wales
River Muslc
River Music Lullaby
Project
River Music-
Neighbourty grant
Cardiff Council- Street
Games
Cardiff Counal-
Summer ol Smiles
Cardiff Council- Winter
of Wellbeing
BBC Children in Need
The Waterloo
Foundation
Cardiff Council~
Playwotks Holiday Fund
Ycpp
Heritage Fund Greening
Phase 2
WCVA- Other
HMRC JRSG
Building Fund
63
8.858
4,000
13,9491
11,3121
1631
{1,0171
51
6,529
4,082
13.4801
16021
7,279
1,797
11241
17,7081
553
11,7971
604
45
16041
1451
20,000
20,000
20,250
12,4301
17.820
1,100
1,100
1.000
19351
{651
1,696
14711
1,225
2,900
12.900)
10,000
9,183
13,4491
{6,9591
6,551
2,224
20,000
20,000
5,789
15,3861
1403)
40,601
15,8781
34,723
3,398
13,3981
6,151
16,151)
11,6991
(395,0081
117,281
386,591
11.6991
135,8891
113,883
362,964
318,858
21

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnued)
Year ended 31 March 2022
20. Analysis of charitable funds Icon¢lnue(
Rostricted funds lyeHr lo J?°Mar¢h 20211
Al
1 April 2020
Al
Transfers 31 Mar 2021
Income Expenditure
Lottery- We can work il
out
Henry Smith Foundation
Cardiff Counci1- Youth
Innovation
Greening Riverside
WCVA
Good Things Foundation
BT Skills
River Musi
Riverside Festival
The Pantry
Cardiff University
Innovation Fund- Lets
Inleiprel
Bevan Foundation
Research Project
WCVA- Improve &
Thrive
After School Club
Ace- Food for Life
The Sewing Project
C3SC- Comic Relief
Emergency Fund
Ace- Food Power
Generation
Cardiff Council-
Sanilaiy Products
Lottery awards for all
Cardiff University
IERSFI
Community Fund Wales
Go for Girls
Reach Project
Awards for All- Womens
Chal
Story Museum
Aviva Community Fund
Arts Counicl of Wales
River Music
River Music Lullaby
Project
River Music-
Neighbourly grant
Cardiff Council- Street
Games
56,994
17,823
146,101
59,001
1124,4961
146,8871
78,599
26.437
11,5001
2,114
30,000
121,3301
10,784
32,583
1,475
123,6971
10,361
311
7.455
490
6,658
6,600
3,600
9,976
70,590
12.5901
16,0811
19,6681
149,4311
4,321
4,974
798
28,817
1,000
6,960
16,6341
326
22,500
(2,017)
20,483
41,735
2,580
1,125
6.995
11.5501
17891
40,185
1,663
1,125
2,591
11281
14,9041
500
5.000
11,0001
4,000
9,600
13,8801
5,720
1,400
11,3371
63
8.858
8,858
4,171
(891
4,082
9.580
1,797
12,3011
7,279
1,797
604
45
604
45
22

South Riverside Community Development Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements Icontlnued)
Year ended 31 March 2022
20. Analysis of charitable funds Iconlinued)
Restricted funds (yearto 31" 2024 cofilinLod)
Al
1 April 2020
Al
Transfers 31 Mar 2021
Income Expenditure
Cardiff Counal-
Summer of Smiles
Cardiff Council Winter
of Wellbeing
BBC Children in Need
The Waterloo
Foundation
Cardiff Council-
Playwotks Holiday Fund
Ycpp
Heritage Fund Greenlng
Phase 2
WCVA- Other
HMRC JRSG
Building Fund
3,398
3.398
36.636
136,6361
117.281
117,281
270,034
461,874
1345,3171
386,591
21. Analysls of net as$8ts ba￿een funds
Unre51ricted
Funds
Restricted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
3.892
138,521
133,384)
120.412
198,448
124,304
336,967
133,3841
109,029
318,658
427,887
Unreslricled
Funds
Reslricled Total Funds
Funds
2021
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Nat assets
123,025
263,566
123.025
395,567
119.2541
113,9121
485.426
132,001
119,2541
113,9121
98.835
386,591
22. Analysis of changas in net debt
At
At 1 Apr 2021 Cash flows 31 Mar 2022
Cash al bank and in hand
384,851
171,0851
313,766
23