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3881-Charities report - accounts to 31 March
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13/12/2022 11:13:01 AM (GMT) |
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Approved by the order of the board of trustees
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REGISTERED CHARITY NUMBER: 1092722
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
FOR
RAY CEREDIGION
HATFIELD & JOHN
1 NORTH ROAD
ABERAERON
Ceredigion
SA46 0JD
RAY CEREDIGION
CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 MARCH 2022
|
|
Page |
|
Report of the Trustees |
|
1 |
|
Independent Examiner's Report |
|
2 |
|
Statement of Financial Activities |
|
3 |
|
Balance Sheet |
|
4 |
|
Notes to the Financial Statements |
5 |
to |
13 |
Detailed Statement of Financial Activities |
14 |
to |
15 |
RAY CEREDIGION
REPORT OF THE TRUSTEES
For The Year Ended 31 MARCH 2022
The trusteespresenttheir reportwiththe financialstatementsof the charityfor the year ended 31 March2022.The trustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheir accountsin accordancewith the FinancialReportingStandardapplicablein the UK and Republicof Ireland(FRS 102)
(effective 1 January 2019).
FINANCIAL REVIEW
Reserves policy
Basedona realisticassessmentofthereservesneededthetrusteesconsiderthattheappropriateleveloffreereservesis 25% of
annual expenditure. This is based on the following considerations :-
a) the reliance of the charity on non-continuous funding
b) to provide for any shortfall in funds generated to cover the costs of running the scheme
c) the notice period for the premises lease is 3 months
c) to protect against unforeseen events
The trustees consider that at present a contingency reserve of £48,000 is required.
The current level of unrestricted non designated reserves is £48,383.
Inadditionthetrusteeshavedesignateda further£18,900asa redundancyfundincludinga furtheramountof£1,500added this
year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charityprovidesactivitiesthat improvethe health and wellbeingof Children,Young People,Families,those with disabilities and
Older people, with a focus on those that are most vulnerable and disadvantaged in the county of Ceredigion.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1092722
Principal address
Pengloyn
Tabernacle Street
Aberaeron
Ceredigion
SA46 0BN
Trustees
E JAMES
M ALLMAN
S NICHOLS
S JONES SECRETARY (appointed 12.1.22)
B GOODFELLOW TREASURER (appointed 17.11.21)
Independent Examiner
HATFIELD & JOHN
1 NORTH ROAD
ABERAERON
Ceredigion
SA46 0JD
Approved by order of the board of trustees on 24 November 2022 and signed on its behalf by:
B GOODFELLOW - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
RAY CEREDIGION
Independent examiner's report to the trustees of RAY Ceredigion
I report to the charity trustees on my examination of the accounts of RAY Ceredigion (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charitytrusteesof the Trust you are responsiblefor the preparationof the accountsin accordancewith the requirements of
the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheActandincarryingout my
examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.IcanconfirmthatI am
qualifiedto undertake the examinationbecause I am a registered member of Instituteof Chartered Accountantsin England & Wales
which is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concernsand have come across no other matters in connectionwith the examinationto which attentionshould be drawn
in this report in order to enable a proper understanding of the accounts to be reached.
DALE A HATFIELD
Institute of Chartered Accountants in England & Wales
HATFIELD & JOHN
1 NORTH ROAD
ABERAERON
Ceredigion
SA46 0JD
24 November 2022
Page 2
RAY CEREDIGION
STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 MARCH 2022
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
16,965
Other trading activities
2
24,335
Investment income
3
8,259
Total
49,559
EXPENDITURE ON
Charitable activities
Support for the most vulnerable and disadvantaged
persons in Ceredigion
25,116
Intergenerational support activities
-
Garden Project
-
Total
25,116
NET INCOME/(EXPENDITURE)
24,443
Transfers between funds
10
14,253
Net movement in funds
38,696
RECONCILIATION OF FUNDS
Total funds brought forward
65,783
TOTAL FUNDS CARRIED FORWARD
104,479 |
Restricted
funds
£
200,537
2,382
-
202,919
223,933
-
28,916
252,849
(49,930)
(14,253)
(64,183)
149,469
85,286 |
31.3.22
31.3.21
Total
Total
funds
funds
£
£
217,502
369,400
26,717
27,694
8,259
2,564
252,478
399,658
249,049
239,123
-
8,830
28,916
-
277,965
247,953
(25,487)
151,705
-
-
(25,487)
151,705
215,252
63,547
189,765
215,252 |
31.3.22
31.3.21
Total
Total
funds
funds
£
£
217,502
369,400
26,717
27,694
8,259
2,564
252,478
399,658
249,049
239,123
-
8,830
28,916
-
277,965
247,953
(25,487)
151,705
-
-
(25,487)
151,705
215,252
63,547
189,765
215,252 |
|
|
|
399,658
239,123
8,830
- |
|
|
|
247,953 |
|
|
|
151,705
- |
|
|
|
151,705
63,547 |
|
|
|
215,252 |
The notes form part of these financial statements
Page 3
RAY CEREDIGION
BALANCE SHEET 31 MARCH 2022
Unrestricted
funds
Notes
£
CURRENT ASSETS
Debtors
8
4,586
Cash at bank and in hand
87,798
92,384
CREDITORS
Amounts falling due within one year
9
12,097
NET CURRENT ASSETS
104,481
TOTAL ASSETS LESS CURRENT LIABILITIES
104,481
NET ASSETS
104,481
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Restricted
funds
£
15,368
91,413
106,781
(21,497)
85,284
85,284
85,284 |
31.3.22
Total
funds
£
19,954
179,211
199,165
(9,400)
189,765
189,765
189,765
104,481
85,284
189,765 |
31.3.21
Total
funds
£
-
220,984 |
|
|
|
220,984
(5,732) |
|
|
|
215,252 |
|
|
|
215,252 |
|
|
|
215,252 |
|
|
|
65,783
149,469 |
|
|
|
215,252 |
The financialstatementswereapprovedby the Boardof Trusteesand authorisedforissueon 24 November2022and were signed
on its behalf by:
B GOODFELLOW - Trustee
The notes form part of these financial statements
Page 4
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisa publicbenefitentityunderFRS102,havebeenpreparedin accordance
withthe CharitiesSORP(FRS102)'Accountingand Reportingby Charities:Statementof RecommendedPractice applicable
to charitiespreparingtheir accountsin accordancewith the FinancialReportingStandardapplicablein the UK and Republic
ofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshavebeen prepared
under the historical cost convention.
Income
All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is probable
that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesare recognisedas expenditureas soon as there is a legal or constructiveobligationcommittingthe charityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedasacommitmentbut not
accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings |
- |
33% on cost |
Motor vehicles |
- |
25% on cost |
Computer equipment |
- |
33% on cost |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictions arise
when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesonastraightlinebasisover the
period of the lease.
2.
OTHER TRADING ACTIVITIES
OTHER TRADING ACTIVITIES |
|
|
|
31.3.22 |
31.3.21 |
|
£ |
£ |
Other income |
3,088 |
- |
Training Courses |
6,978 |
12,087 |
Enterprise income |
16,651 |
15,607 |
|
26,717 |
27,694 |
continued...
Page 5
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 MARCH 2022
3. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
|
31.3.22 |
31.3.21 |
|
£ |
£ |
Rents received |
8,259 |
2,559 |
Deposit account interest |
- |
5 |
|
8,259 |
2,564 |
4. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2022norfortheyear ended
31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
|
31.3.22 |
31.3.21 |
Charitable Activities |
19 |
17 |
Support and management |
1 |
1 |
|
20 |
18 |
No employees received emoluments in excess of £60,000.
6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
64,613
Other trading activities
12,119
Investment income
2,564
Total
79,296
EXPENDITURE ON
Charitable activities
Support for the most vulnerable and
disadvantaged persons in Ceredigion
72,173
Intergenerational support activities
-
Total
72,173
NET INCOME
7,123
RECONCILIATION OF FUNDS
Total funds brought forward
43,503
TOTAL FUNDS CARRIED FORWARD
50,626 |
Restricted
funds
£
304,787
15,575
-
320,362
166,950
8,830
175,780
144,582
20,044
164,626 |
Total
funds
£
369,400
27,694
2,564 |
|
|
399,658
239,123
8,830 |
|
|
247,953 |
|
|
151,705
63,547 |
|
|
215,252 |
continued...
Page 6
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 MARCH 2022
7. TANGIBLE FIXED ASSETS
7. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
Fixtures |
|
|
|
|
|
and |
Motor |
Computer |
|
|
|
fittings |
vehicles |
equipment |
Totals |
|
|
£ |
£ |
£ |
£ |
|
COST |
|
|
|
|
|
At 1 April 2021 and 31 March 2022 |
6,897 |
18,726 |
7,220 |
32,843 |
|
DEPRECIATION |
|
|
|
|
|
At 1 April 2021 and 31 March 2022 |
6,897 |
18,726 |
7,220 |
32,843 |
|
NET BOOK VALUE |
|
|
|
|
|
At 31 March 2022 |
- |
- |
- |
- |
|
At 31 March 2021 |
- |
- |
- |
- |
8. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
31.3.22 |
31.3.21 |
|
|
|
|
£ |
£ |
|
Prepayments and accrued income |
|
|
19,954 |
- |
9. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
31.3.22 |
31.3.21 |
|
|
|
|
£ |
£ |
|
Other creditors |
|
|
9,400 |
5,732 |
continued...
Page 7
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 MARCH 2022
10. MOVEMENT IN FUNDS
Unrestricted funds
General Fund
Designated redundancy fund
Restricted funds
Big Lottery Fund
Ceredigion Association of Voluntary
Organisations
CCC Give Us Support
BBC Children in Need
The Margaret & Alick Potter CharitableTrust
Forget Me Knot Club
CCC Families First Play Sessions
Ceredigion County Council Dyma Ni
Holiday Hunger
Cooking Club
Ray Social Club
West Wales is Kind
The Moondance Foundation
Child Development Fund
Heritage Lottery Fund Places For Nature
Waterloo Foundation
AWA Dyma Ni
Youth Support Grant
Winter of Wellbeing
Food Poverty Grant
Pembrokeshire Association of Voluntary
Organisations
TOTAL FUNDS |
Net
movement
At 1.4.21
in funds
£
£
48,383
24,445
17,400
-
65,783
24,445
54,768
6,818
1,000
-
5,882
-
25,682
(24,181)
-
(611)
4,377
-
9,211
(9,211)
3,428
-
(437)
-
1,826
-
1,188
(1,109)
-
1,683
4,970
(4,970)
(9)
9
17,600
(12,381)
12,500
(4,019)
7,483
(9,849)
-
300
-
2,800
-
1,751
-
3,038
149,469
(49,932)
215,252
(25,487) |
Transfers
between
funds
£
12,753
1,500
14,253
-
(1,000)
(5,882)
-
-
-
-
(3,428)
-
(1,826)
-
(1,683)
-
-
-
-
2,366
-
(2,800)
-
-
(14,253)
- |
At
31.3.22
£
85,581
18,900
104,481
61,586
-
-
1,501
(611)
4,377
-
-
(437)
-
79
-
-
-
5,219
8,481
-
300
-
1,751
3,038
85,284
189,765 |
|
|
|
|
continued...
Page 8
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 MARCH 2022
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General Fund
Restricted funds
Big Lottery Fund
BBC Children in Need
The Margaret & Alick Potter CharitableTrust
CCC Families First Play Sessions
Ray Social Club
West Wales is Kind
The Moondance Foundation
Child Development Fund
Heritage Lottery Fund Places For Nature
Waterloo Foundation
AWA Dyma Ni
Youth Support Grant
Summer of Fun
Winter of Wellbeing
Food Poverty Grant
Pembrokeshire Association of Voluntary
Organisations
TOTAL FUNDS |
Incoming
resources
£
49,559
130,900
-
3,742
8,161
2,382
6,210
-
7,984
-
-
-
13,459
8,495
7,200
9,456
4,930
202,919
252,478 |
Resources
Movement
expended
in funds
£
£
(25,114)
24,445
(124,082)
6,818
(24,181)
(24,181)
(4,353)
(611)
(17,372)
(9,211)
(3,491)
(1,109)
(4,527)
1,683
(4,970)
(4,970)
(7,975)
9
(12,381)
(12,381)
(4,019)
(4,019)
(9,849)
(9,849)
(13,159)
300
(8,495)
-
(4,400)
2,800
(7,705)
1,751
(1,892)
3,038
(252,851)
(49,932)
(277,965)
(25,487) |
|
|
|
continued...
Page 9
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 MARCH 2022
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Unrestricted funds
General Fund
Designated redundancy fund
Restricted funds
Big Lottery Fund
Ceredigion Association of Voluntary
Organisations
CCC Give Us Support
BBC Children in Need
Forget Me Knot Club
CCC Families First Play Sessions
Ceredigion County Council Dyma Ni
Holiday Hunger
Cooking Club
Ray Social Club
West Wales is Kind
The Moondance Foundation
Child Development Fund
Heritage Lottery Fund Places For Nature
Waterloo Foundation
AWA Dyma Ni
TOTAL FUNDS |
Net
movement
At 1.4.20
in funds
£
£
34,103
22,280
9,400
-
43,503
22,280
-
54,768
-
1,000
2,882
3,000
6,697
18,985
4,086
291
54
9,157
3,994
(566)
(437)
-
1,826
-
1,188
-
(246)
246
-
4,970
-
(9)
-
17,600
-
12,500
-
7,483
20,044
129,425
63,547
151,705 |
Transfers
between
funds
£
(8,000)
8,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
- |
At
31.3.21
£
48,383
17,400
65,783
54,768
1,000
5,882
25,682
4,377
9,211
3,428
(437)
1,826
1,188
-
4,970
(9)
17,600
12,500
7,483
149,469
215,252 |
|
|
|
|
continued...
Page 10
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 MARCH 2022
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General Fund
Restricted funds
Big Lottery Fund
Ceredigion County Council Staff Provision
Ceredigion Association of Voluntary
Organisations
CCC Give Us Support
BBC Children in Need
Welsh Assembly Government Community
Facilities Program
Forget Me Knot Club
CCC Families First Play Sessions
Ceredigion County Council Dyma Ni
West Wales is Kind
The Moondance Foundation
Child Development Fund
Heritage Lottery Fund Places For Nature
Waterloo Foundation
AWA Dyma Ni
TOTAL FUNDS |
Incoming
resources
£
79,296
141,060
974
1,000
3,000
47,397
25,000
4,586
19,469
7,522
18,716
9,560
2,000
17,600
12,500
9,978
320,362
399,658 |
Resources
Movement
expended
in funds
£
£
(57,016)
22,280
(86,292)
54,768
(974)
-
-
1,000
-
3,000
(28,412)
18,985
(25,000)
-
(4,295)
291
(10,312)
9,157
(8,088)
(566)
(18,470)
246
(4,590)
4,970
(2,009)
(9)
-
17,600
-
12,500
(2,495)
7,483
(190,937)
129,425
(247,953)
151,705 |
|
|
|
continued...
Page 11
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 MARCH 2022
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General Fund
Designated redundancy fund
Restricted funds
Big Lottery Fund
Ceredigion Association of Voluntary
Organisations
CCC Give Us Support
BBC Children in Need
The Margaret & Alick Potter CharitableTrust
Forget Me Knot Club
CCC Families First Play Sessions
Ceredigion County Council Dyma Ni
Holiday Hunger
Cooking Club
Ray Social Club
West Wales is Kind
Heritage Lottery Fund Places For Nature
Waterloo Foundation
AWA Dyma Ni
Youth Support Grant
Winter of Wellbeing
Food Poverty Grant
Pembrokeshire Association of Voluntary
Organisations
TOTAL FUNDS |
Net
movement
At 1.4.20
in funds
£
£
34,103
46,725
9,400
-
43,503
46,725
-
61,586
-
1,000
2,882
3,000
6,697
(5,196)
-
(611)
4,086
291
54
(54)
3,994
(566)
(437)
-
1,826
-
1,188
(1,109)
(246)
1,929
-
5,219
-
8,481
-
(2,366)
-
300
-
2,800
-
1,751
-
3,038
20,044
79,493
63,547
126,218 |
Transfers
between
funds
£
4,753
9,500
14,253
-
(1,000)
(5,882)
-
-
-
-
(3,428)
-
(1,826)
-
(1,683)
-
-
2,366
-
(2,800)
-
-
(14,253)
- |
At
31.3.22
£
85,581
18,900
104,481
61,586
-
-
1,501
(611)
4,377
-
-
(437)
-
79
-
5,219
8,481
-
300
-
1,751
3,038
85,284
189,765 |
|
|
|
|
continued...
Page 12
RAY CEREDIGION
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 MARCH 2022
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Unrestricted funds
General Fund
Restricted funds
Big Lottery Fund
Ceredigion County Council Staff Provision
Ceredigion Association of Voluntary
Organisations
CCC Give Us Support
BBC Children in Need
Welsh Assembly Government Community
Facilities Program
The Margaret & Alick Potter CharitableTrust
Forget Me Knot Club
CCC Families First Play Sessions
Ceredigion County Council Dyma Ni
Ray Social Club
West Wales is Kind
The Moondance Foundation
Child Development Fund
Heritage Lottery Fund Places For Nature
Waterloo Foundation
AWA Dyma Ni
Youth Support Grant
Summer of Fun
Winter of Wellbeing
Food Poverty Grant
Pembrokeshire Association of Voluntary
Organisations
TOTAL FUNDS |
Incoming
resources
£
128,855
271,960
974
1,000
3,000
47,397
25,000
3,742
4,586
27,630
7,522
2,382
24,926
9,560
9,984
17,600
12,500
9,978
13,459
8,495
7,200
9,456
4,930
523,281
652,136 |
Resources
Movement
expended
in funds
£
£
(82,130)
46,725
(210,374)
61,586
(974)
-
-
1,000
-
3,000
(52,593)
(5,196)
(25,000)
-
(4,353)
(611)
(4,295)
291
(27,684)
(54)
(8,088)
(566)
(3,491)
(1,109)
(22,997)
1,929
(9,560)
-
(9,984)
-
(12,381)
5,219
(4,019)
8,481
(12,344)
(2,366)
(13,159)
300
(8,495)
-
(4,400)
2,800
(7,705)
1,751
(1,892)
3,038
(443,788)
79,493
(525,918)
126,218 |
|
|
|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
Page 13
RAY CEREDIGION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 MARCH 2022
|
31.3.22 |
31.3.21 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Donations and legacies |
|
|
Donations |
4,395 |
10 |
Grants |
213,107 |
369,390 |
|
217,502 |
369,400 |
Other trading activities |
|
|
Other income |
3,088 |
- |
Training Courses |
6,978 |
12,087 |
Enterprise income |
16,651 |
15,607 |
|
26,717 |
27,694 |
Investment income |
|
|
Rents received |
8,259 |
2,559 |
Deposit account interest |
- |
5 |
|
8,259 |
2,564 |
Total incoming resources |
252,478 |
399,658 |
EXPENDITURE |
|
|
Charitable activities |
|
|
Wages |
156,816 |
142,816 |
Volunteer costs |
57 |
- |
Grant funded capital projects |
3,505 |
7,106 |
Rent & utilities |
38,768 |
52,107 |
Subsistence & Travel costs |
6,583 |
5,166 |
Stationery post & telephone |
- |
5,508 |
Charitable activities |
26,181 |
11,303 |
Recruitment |
1,982 |
- |
Landscaping and Consultancy |
13,456 |
- |
Covid costs |
- |
3,926 |
Community Artist |
- |
4,000 |
Workshop |
12,925 |
- |
Grants to individuals |
1,000 |
- |
|
261,273 |
231,932 |
Support costs |
|
|
Management |
|
|
Insurance & maintenance |
- |
4,724 |
Training |
11,953 |
7,725 |
Advertising |
2,339 |
96 |
|
14,292 |
12,545 |
Finance |
|
|
Bank charges |
- |
32 |
Fixtures and fittings |
- |
1,044 |
|
- |
1,076 |
This page does not form part of the statutory financial statements
Page 14
RAY CEREDIGION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
For The Year Ended 31 MARCH 2022
|
31.3.22 |
31.3.21 |
|
£ |
£ |
Finance |
|
|
Governance costs |
|
|
Accountancy and legal fees |
2,400 |
2,400 |
Total resources expended |
277,965 |
247,953 |
Net (expenditure)/income |
(25,487) |
151,705 |
This page does not form part of the statutory financial statements
Page 15