| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | I | to | 7 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 10 | |||
| Cash Flow Statement | ||||
| Notes to the Cash Flow | Statement | 12 | ||
| Notes to the Financial Statements | 13 | to | 20 | |
| Detailed Statement ofFinancial Activities | 21 | to | 22 |
| Local Authorities | 374,096 |
|---|---|
| Welsh Government | 167,444 |
| Charitable Trusts |
58,904 |
| Retail Sales | 363,830 |
| OR THE | YE | CH 2022 | ||||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | 6 | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations snd legacies |
2 | 389,043 | 211,400 | 600,443 | 819,812 | |
| Other trading activities | 3 | 363,830 | 363,830 | 251,801 | ||
| investment income |
4 | 1 | I | 50 | ||
| Total | 752,874 | 211,400 | 964,274 | 1,071,663 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 5 | 69,116 | 69,116 | 28,794 | ||
| Charitable activities |
||||||
| Office costs | 195,679 | 195,679 | 209,381 | |||
| Wage costs | 472,950 | 19,441 | 492,391 | 474,415 | ||
| Project costs | 56,574 | 56,574 | 36,611 | |||
| Total | 737,745 | 76,015 | 813,760 | 749,201 | ||
| NET INCOME | 15,129 | 135,385 | 150,514 | 322,462 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 87,619 | 348,470 | 436,089 | 113,627 | ||
| TOTAL FUNDS CARRIED FORWARD | 102,748 | 483,855 | 586,603 | 436,089 |
| 31ST | MARCH 2022 | ||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | 8 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 32,496 | 443,505 | 476,001 | 348,510 |
| CURRENT ASSETS | |||||
| Stocks | 13 | 28,371 | 28,371 | 23,608 | |
| Debtors | 14 | 110,453 | 8,049 | 118,502 | 126,685 |
| Cash at bank and in hand | 41,009 | 40,708 | 81,717 | 95,364 | |
| 179,833 | 48,757 | 228,590 | 245,657 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (109,581) | (8,407) | (117,988) | (158,078) |
| NET CURRENT ASSETS | 70,252 | 40,350 | 110,602 | 87,579 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 102,748 | 483,855 | 586,603 | 436,089 | |
| NET ASSETS | 102,748 | 483,855 | 586,603 | 436,089 | |
| FUNDS | 16 | ||||
| Unrestricted funds |
102,748 | 87,619 | |||
| Restricted funds |
483,855 | 348,470 | |||
| TOTAL FUNDS | 586,603 | 436,089 |
| CASH FLOW STATEMENT | CASH FLOW STATEMENT | ||||||
|---|---|---|---|---|---|---|---|
| THE YEARENDED31STM | RC | 2 22 | |||||
| 31.3.22 | 31.3.21 | ||||||
| Notes | |||||||
| Cash flows from operating | activities | ||||||
| Cash generated I'rom operations |
140,556 | 348,701 | |||||
| Net cash provided by operating activities |
140,556 | 348,701 | |||||
| Cash flows from investing | activities | ||||||
| Purchase oftangible fixed | assets | (154,204) | (329,638) | ||||
| Interest received | I | 50 | |||||
| Net cash used in investing | activities | (154,203) | (329,588) | ||||
| Change in cash and cash |
equivalents | in | |||||
| the reporting period | (13,647) | 19,113 | |||||
| Cash and cash equivalents | at the | ||||||
| beginning ofthe reportiag | period | 95,364 | 76,251 | ||||
| Cash and cash equivalents | at the end | of | |||||
| the reporting period |
81,717 | 95,364 |
| NOTES TO THE CASH FLOW STATEMENT FORTHE YEAR ENDED 31STMARCH 2022 |
NOTES TO THE CASH FLOW STATEMENT FORTHE YEAR ENDED 31STMARCH 2022 |
|||||
|---|---|---|---|---|---|---|
| RECONCILIATION | OFNET INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | ||||
| 31.3.22 | 31.3.21 | |||||
| g | ||||||
| Net income | for the | reporting | period (as per the Statement ofFinancial | |||
| Activities) | 150,514 | 322,462 | ||||
| Adjustments | for: | |||||
| Depreciation | charges | 26,713 | 11,759 | |||
| Interest received | (I) | (50) | ||||
| (Increase)/decrease | in | stocks | (4,763) | 4,514 | ||
| Decrease/(increase) | in | debtors | 8,183 | (55,592) | ||
| (Decrease)/increase | in | creditors | (40,090) | 65,608 | ||
| Net cash provided | by | operations | 140,556 | 348,701 | ||
| ANALYSIS | OFCHANGES IN NET FUNDS | |||||
| At 1.4.21 | Cash flow | At 31.3.22 | ||||
| Net cash | ||||||
| Cash at bank | and in | hand | 95,364 | (13,647) | 81,717 | |
| 95,364 | (13,647) | 81,717 | ||||
| Total | 95,364 | (13,647) | 81,717 |
| DONATIONS AND LE |
GACIES | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Donations | 193,220 | 91,864 | |
| Grants | 240,815 | 581308 | |
| Other income | 166,408 | 146,740 | |
| 600,443 | 819,812 | ||
| Grants received, included | in the above, are as follows: | ||
| 31.3.22 | 31.3.21 | ||
| Flintshire County Counoil |
14,467 | 14,467 | |
| Covid Recovery Grant | 9,000 | 95,000 | |
| Coronavirus Job Retention |
Scheme | 5,948 | 119,270 |
| Welsh Government Circular Economy Fund |
352,471 | ||
| WCVA Landfill tax - Repair k Reuse Cafe | |||
| 34,915 | |||
| WCVA Landfill tax - Bicycle Recycling (accrued) | 8,049 | ||
| Postcode Coriunuity Trust |
12,091 | ||
| COOP Community Fridge |
3,000 | ||
| COOP Members Grant | 849 | ||
| Welsh Government Covid |
Recovery Grant | 60,000 | |
| Welsg Government TRI Programme |
92,496 | ||
| 240,815 | 581,208 | ||
| OTHER TRADING ACTIVITIES | |||
| 31.3.22 | 31.3.21 | ||
| Furniture sales |
9,142 | 21,839 | |
| Waste collection k.management | 276,125 | 224,963 | |
| Distribution and carriage |
6,427 | 4,999 | |
| Cafe Cyfie | 72,136 | ||
| 363,830 | 251,801 |
| 31.3.22 | 31.3.21 | ||||||
|---|---|---|---|---|---|---|---|
| Deposit account interest | I | 50 | |||||
| 5. | RAISING FUNDS | ||||||
| Other trading | activities | ||||||
| 31.3.22 | 31.3.21 | ||||||
| 6 | |||||||
| Purchases | 69,116 | 28,794 | |||||
| 6. | CHARITABLE ACTIVITIES COSTS | ||||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costs | note 7) | Totals | |||||
| Office costs | 180,595 | 15,084 | 195,679 | ||||
| Wage costs | 492,391 | 492,391 | |||||
| Project costs | 56,574 | 56,574 | |||||
| 729,560 | 15,084 | ||||||
| 7. | SUPPORT COSTS | ||||||
| Governance | |||||||
| costs | |||||||
| Office costs | 15,084 | ||||||
| 8. | NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||||
| 31.3.22 | 31.3.2] | ||||||
| Depreciation - owned assets | 26,713 | 11,759 | |||||
| Other operating | leases | 56,890 | 52,842 | ||||
| 9. | TRUSTEES' REMUNERATION | AND BENEFITS |
| Trustee expenses amounted to foil |
Trustee expenses amounted to foil |
Trustee expenses amounted to foil |
during the year (2021:gnII). | during the year (2021:gnII). | ||
|---|---|---|---|---|---|---|
| WAGE COSTS | ||||||
| 31.3.22 | 31.3.21 | |||||
| 6 | ||||||
| Wages and salaries | 454,843 | 437,895 | ||||
| Social security costs | 23,948 | 22,351 | ||||
| Other pension costs | 13,600 | 14,169 | ||||
| 492,391 | 474,415 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 31.3.22 | 31.3.21 | |||||
| Refurhs Flintshire | 31 | 28 | ||||
| No employees received |
emoluments | in excess of$60,000. | ||||
| COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | ||||
| fund | fund | funds | ||||
| 6 | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
467,341 | 352,471 | 819,812 | |||
| Other trading activities | 251,801 | 251,801 | ||||
| Investment income |
50 | 50 | ||||
| Total | 719,192 | 352,471 | 1,071,663 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 28,794 | 28,794 | ||||
| Charitable activities |
||||||
| Office costs | 209,381 | 209,381 | ||||
| Wage costs | 474,415 | 474,415 | ||||
| Project costs | 36,611 | 36,611 | ||||
| Total | 712,590 | 36,611 | 749,201 | |||
| NKT INCOME | 6,602 | 315,860 | 322,462 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 81,017 | 32,610 | ]13,627 | |||
| TOTAL FUNDS CARRIED FORWARD | 87,619 | 348,470 | 436,089 |
| 12. | TANGIBLE | FIXEDASSETS | ||||
|---|---|---|---|---|---|---|
| Fixtures | ||||||
| Freehold | and | Motor | ||||
| properly | fittings | vehicles | Totals | |||
| 6 | ||||||
| COST | ||||||
| At 1stApril 2021 | 285,904 | 86,180 | 17,169 | 389,253 | ||
| Additions | 129,639 | 11,765 | 12,800 | 154,204 | ||
| At 31stMarch 2022 | 415,543 | 97,945 | 29,969 | 543,457 | ||
| DEPRECIATION | ||||||
| At 1stApril 2021 | 32,731 | 8,012 | 40,743 | |||
| Charge for year | 6,230 | 14,916 | 5,567 | 26,713 | ||
| At 31stMarch 2022 | 6,230 | 47,647 | 13,579 | 67,456 | ||
| NET BOOK | VALUE | |||||
| At 31stMarch 2022 | 409,313 | 50,298 | 16,390 | 476,001 | ||
| At 31stMarch 2021 | 285 rt04 | 53,449 | 9,157 | 348,510 | ||
| 13. | STOCKS | |||||
| 31.3.22 | 31.3.21 | |||||
| Stocks | 28,371 | 23,608 | ||||
| 14. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.3.22 | 31.3.21 | |||||
| Trade debtors | 38,610 | 47,487 | ||||
| Amounts owed by group undertakings |
35,000 | 35,000 | ||||
| Other debtors | 2,625 | 2,625 | ||||
| VAT | 39,428 | |||||
| Prepayments | and accrued income | 42,267 | 2,145 | |||
| 118,502 | 126,685 |
| CREDITOR | S | : AMOUNTS | FA | LLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||||
| Trade creditors | 89,085 | 118,709 | |||||
| Social security | and other taxes | 6,527 | 5,460 | ||||
| VAT | 10,623 | ||||||
| Accrued expenses | 11,753 | 33,909 | |||||
| 117,988 | 158,078 | ||||||
| MOVEMENT | IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.21 | in funds | 31.3.22 | |||||
| Unrestricted | funds | ||||||
| General fund | 87,619 | 15,129 | 102,748 | ||||
| Restricted funds | |||||||
| Restricted | 348,470 | 135,385 | 483,855 | ||||
| TOTALFUNDS | 436,089 | 150,514 | 586,603 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund |
752,874 | (737,745) | 15,129 | ||||
| Restricted funds | |||||||
| Restricted | 211,400 | (76,015) | 135,385 | ||||
| TOTAL FUNDS | 964374 | (813,760) | 150,514 | ||||
| Comparatives | for movement | in | funds | ||||
| Net | |||||||
| movement | At | ||||||
| At 1,4.20 | in funds | 31.3.21 | |||||
| Unrestricted | funds | ||||||
| General fund |
81,017 | 6,602 | 87,619 | ||||
| Restricted funds | |||||||
| Restricted | 32,610 | 315,860 | 348,470 | ||||
| TOTALFUNDS | 113,627 | 322,462 | 436,089 |
| Incoming | Resources | Movement | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||||||
| Unrestricted | funds | |||||||||
| General fund | 719,192 | (712,590) | 6,602 | |||||||
| Restricted | funds | |||||||||
| Restricted | 352,471 | (36,611) | 315,860 | |||||||
| TOTALFUNDS | 1,071,663 | (749,201) | 322,462 | |||||||
| A current | year | 12months | and prior year 12months combined | position is as follows: | ||||||
| Net | ||||||||||
| movement | At | |||||||||
| At 1.4.20 | in funds | 31.3.22 | ||||||||
| Unrestricted | funds | |||||||||
| General fund | 81,017 | 21,731 | 102,748 | |||||||
| Restricted | funds | |||||||||
| Restricted | 32,610 | 451,245 | 483,855 | |||||||
| TOTAL FUNDS | 113,627 | 472,976 | 586,603 | |||||||
| A current | year | 12 months | and prior year 12 months | combined | net movement | in funds, included |
in the above | are | ||
| as follows: |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 1,472,066 | (1,450,335 ) | 21,73] | |
| Restricted funds | ||||
| Restricted | 563,871 | (112,626) | 451,245 | |
| TOTAL FUNDS | 2,035,937 | (1,562,961 ) | 472,976 |
| DETAILED STATEMENT OF FINANCIAL A | IVITIE | |||
|---|---|---|---|---|
| FORTHE YEARENDED 31STMARCH | 20 | |||
| 31.3.22 | 31.3.21 | |||
| INCOME AND | ENDOWMENTS | |||
| Donations and |
legacies | |||
| Donations | 193,220 | 91,864 | ||
| Grants | 240,815 | 581,208 | ||
| Other income | 166,408 | 146,740 | ||
| 600,443 | 819,812 | |||
| Other trading activities | ||||
| Furniture sales |
9,142 | 21,839 | ||
| Waste collection | k.management | 276,125 | 224,963 | |
| Distribution and |
carriage | 6,427 | 4,999 | |
| Cafe Cyfle | 74136 | |||
| 363,830 | 251,801 | |||
| Investment income |
||||
| Deposit account | interest | 50 | ||
| Total incoming | resources | 964,274 | 1,071,663 | |
| EXPENDITURE | ||||
| Other trading activities | ||||
| Purchases | 69,116 | 28,794 | ||
| Charitable activities |
||||
| Wages | 454,843 | 437,895 | ||
| Social security | 23,948 | 22,351 | ||
| Pensions | 13,600 | 14,169 | ||
| Other operating | leases | 56,890 | 52,842 | |
| Insurance | 4,590 | 3,887 | ||
| Light and heat | 13,388 | 9,028 | ||
| Telephone | 3,998 | 3,510 | ||
| Postage and stationery | 330 | 2,323 | ||
| Advertising | 3,741 | 1,526 | ||
| Sundries | 1,230 | 1,140 | ||
| Motor expenses | 26,776 | 61,754 | ||
| Health and safety | 3,308 | 2,851 | ||
| Software and IT | support | 8,431 | 6,519 | |
| Repairs and renewals | 25,885 | 32,376 | ||
| Protective clothing | 2,193 | 3,672 | ||
| Security | 1,264 | 1,678 | ||
| Training | 620 | 5,225 | ||
| Subscriptions | 2,408 | 824 | ||
| Sundry expenses | 1,889 | |||
| Management charges |
21,242 | 25,129 | ||
| Cafe costs | 16,996 | |||
| Carried forward | 685,681 | 690,588 |
| LED STATEMENT F R |
OFFINANCIAL ACTIVITIE | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Charitable activities |
|||
| Brought fornstrd | 685,681 | 690.588 | |
| Redundancy costs |
17,166 | ||
| Pixturns and fittings | 26,713 | 11,759 | |
| 729,560 | 702,347 | ||
| Support coats | |||
| Governance | costs | ||
| Bank charges | 1,049 | 1,678 | |
| Professional | fees | 12,435 | 14,882 |
| Auditors remuneration |
1,600 | 1,500 | |
| 15,084 | 18,060 | ||
| Total resources | expended | 813,760 | 749,201 |
| Net income | 150,514 | 322,462 |