2022-03-31-accounts - Sparkle (South Wales)

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Reference and Administrative Details
Trustees' Report	2 to 8
Statement ofTrustees' Responsibilities
Independent Examiner's Report	10
Statement of Financial Activities	11 to 12
Balance Sheet	13to 14
Statement of Cash Flows	15
Notes to the Financial Statements	16to 30

		Recogn	ised Gain	s and Losses)
				Unrestricted	Restricted	Total
				funds	funds	2022
			Note	E	E	E
Income and Endowments		from:
Donations and legacies				77,605	603,729	681,334
Charitable activities				38,793	4,680	43,473
Other trading activities				3,263		3,263
Investment income				617		617
Total income				120,278	608,409	728,687
Expenditure on:
Raising funds				(2,715)	(7,920)	(10,635)
Charitable activities				(45,746)	(642,662)	(688,408)
Total expenditure				(48,461)	(650,582)	(699,043)
Net income/(expenditure)				71,817	(42,173)	29,644
Net movement in funds				71,817	(42,173)	29,644
Reconciliation of	funds
Total funds brought	forward			313,514	484,814	798,328
Total funds carried	forward		21	385,331	442,641	827,972

				Unrestricted	Restricted	Total
				funds	funds	2021
			Note	E	E	E
Income and Endowments		from:
Donations and legacies				86,053	406,345	492,398
Charitable activities				28,426	478	28,904
Other trading activities				3,169	68	3,237
Investment income				2,355		2,355
Total income				120,003	406,891	526,894
Expenditure on:
Raising funds Charitable activities			7 8	(16,004) ~39,379)	~447, 303	(16,004) (486,682)
Total expenditure				(55,383)	~447,303)	~(502,686
Net income/(expenditure)				64,620	(40,412)	24,208
Transfers between	funds			2,013	(2,013)
Net movement in funds				66,633	(42,425)	24,208
Reconciliation of	funds
Total funds brought	forward			246,881	527,239	774,120
Total funds carried	forward			313,514	484,814	798,328

									2022	2021
								Note	8	6
Fixed assets
Tangible assets								16	3,579	2,900
Current assets
Debtors								17	228,724	20,260
Cash at bank and	in hand							18	641,338	779.831
Creditors: Amounts			falling due		within one year			19	870,062 (2t),669)	800,091 ~4,663)
Net current assets									849,393	795,428
Total assets less	current			liabilities					852,972	798,328
6 dlt: 4		t	f lll	9 d	fl	th	9	2Q	~25,tlOQ)
Net assets									827,972	798,328
Funds ofthe charity:
Restricted income		funds
Restricted funds								21	442,641	484,814
Unrestricted income			funds
Unrestricted funds									385,331	313,514
Total funds								21	827,972	798,328

Statement ofCash Flows	for the Y	ear Ende	d 31 March 20	22
			2022	2021
		Note		6
Cash flows from operating activities
Net cash income			29,644	24,208
Adjustments to cash flows from non-cash	items
Depreciation Investment income		7 6	1,361 ~617	113 (2,355)
			30,388	21,966
Working capital adjustments
(Increase)/decrease in debtors Increase/(decrease) in creditors		17 19	(208,464) 16,006	16,217 ~8,778
Net cash flows from operating activities			(162,070)	29,405
Cash flows from investing activities
Interest receivable and similar income Purchase oftangible fixed assets		6 16	617 ~2,040	2,355 ~(3,013
Net cash flows from investing activities			(1,423)	(658)
Cash flows from financing activities
Repayment of loans and borrowings		19	25,000
Net (decrease)/increase in cash and cash equivalents			(138,493)	28,747
Cash and cash equivalents at 1 April			779,831	751,084
Cash and cash equivalents at 31 March			641,338	779,831

3 Income from	donations and	legacies
		Unrestricted
		funds	Restricted	Total	Total
		General	funds	2022	2021
		E	E	E	E
Donations and legacies;
Donations from	companies,
trusts and similar proceeds		7,969		7,969	69,228
Donations from	individuals	30,509	51,000	81,509	70,948
Gift aid reclaimed		1,335		1,335	3,848
Grants, including	capital grants;
Grants from other charities			463,839	463,839	185,741
Grants from companies			2,000	2,000	(1,000)
Donations from	trusts and
other funders		37,792	86,890	124,682	163,633
		77,605	603,729	681,334	492,398

Inco	me from	chari	table	activi	ties
					Unrestricted
					funds	Restricted	Total	Total
					General	funds	2022	2021
					E	E	E	E
Clubs,	activities	and	cafe	sales	38,793	4,680	43,473	28,904

5	Income fro	m o	th	er trading activities
					Unrestricted
					funds	Total	Total
					General	funds	2021
					E	E	E
Events income;
	Fundraising	events			3,263	3,263	3,237
					3,263	3,263	3,237
6	Investment	income
					Unrestricted
					funds	Total	Total
					General	2022	2021
					E	E	E
Interest receivable			and similar income;
	Interest receivable			on bank deposits	617	617	2,355

7	raising funds	raising funds
				Total	'Total
			Direct costs	2022	2021
			E	E	K
Costs of generating	donations	and legacies	10,635	10,635	16,004

8 Expenditure on	charitable act	ivities
		Activity	Activity
		undertaken	support
		directly R	costs E	2022 F	2021f
Centre maintenance	and upkeep
and play equipment		189,911	27	189,938	114,321
Clubs, activities and	cafe sales	403,345	90,738	494,083	369,935
Governance			4,387	4,387	2,426
		593,256	95,152	688,408	486,682

Support costs allocated	Support costs allocated	Support costs allocated	Support costs allocated	to charitable	activities	activities
					Governance		Staff	Administration		Total		Total
			Basis of		costs		costs		costs	2022		2021
			allocation			E	E'		E	E		E
Centre and play
equipment
maintenance	and
upkeep			Hours						27		27		714
Clubs, activities and
cafe sales			Hours				90,638		100	90,738		63.319
Governance			%of total activity costs			4,387				4,387		2,426
						4,387	90,638		127	95,	152	66,459
Governance	costs
							Unrestricted
							funds		Total			Total
							General		2022			2021
							E		E			E
Independent	examiner fees
Examination	of	the	financial statements				1,740		1,740			1,651
Depreciation,	amortisation			and other similar		costs	1,361		1,361				113
Other governance		costs						13		13			13
Allocated support		costs					1,273		1,273			1,362
							4,387		4,387			3,139
10 Net incoming/outgoing resources
Net incoming	resources			for the year include:
									2022			2021
									E			E
Depreciation	of fixed		assets						1,361				113
11Trustees	remuneration and expenses

12Staff costs
The aggregate	payroll costs were as follows:
		2022	2021
		E	E
Staff costs during the year were:
Wages and salaries		369,525	293,020
Social security	costs	10,397	10,566
Pension costs		15,500	16,168
Other staff costs		24,304	11,319
		419,726	331,073

by the chari	ty during the year was as follows:
		2022		2021
		No		No
Charitable	activities		79		71
Governance			8		9
Administration			5		4
			92		84

16Tangible fixed assets
	Furniture	and
	equipment		Total
	6		6
Cost
At 1 April 2021	8,500		8,500
Additions	2,040		2,040
At 31 March 2022	10,540		10540
Depreciation
At 1 April 2021		5,600	5,600
Charge for the year		1,361	1,361
At 31 March 2022		6,961	6,961
Net book value
At 31 March 2022		3,579	3,579
At 31 March 2021		2,900	2,900
17Debtors
	2022		2021
	6
Prepayments	185		185
Other debtors	228,539		20,075
	228,724		20,260

18Cash and cash equi	valents
		2022	2021
		6	K
Cash on hand		21	21
Cash at bank		641,317	779,810
		641,338	779,831
19Creditors: amounts	falling due within one year
		2022	2021
		9
Other creditors		87	4,663
Accruals		20,582
		20,669	4,663

20 Cr	editors: amounts falling due after one year
		2022
Other	loans	25,000

21 Funds
				Balance at 1	Incoming	Resources	Balance	at 31
				April 2021	resources	expended	March	2022
				E	E	E	E
Unrestricted funds
General
Unrestricted	income fund			313,514	119,798	(47,981)	385,331
Restricted funds
AB Invoice				1,953	179,020	(67,388)	113,585
AB Medi Swim				14,648		(7,888)		6,760
ALN Parents	Engagement				23,000		23,000
Barclays				29,612			29,612
Boshier					1,350	(1,350)
Cash 4 U				248		(248)
Children in Need				17,283	30,000	(30,131)	17,152
Covid Emergency			Appeal	69,085		(64,177)		4,908
Frontier Medical Group Ltd				249,028		(177,383)	71,645
Gavo					4,836	(4,836)
HA ICC					2,898	(2,898)
Holiday Club				2,266		(367)		1,899
ICF					8,500	(8,500)
ICF NG					45,000	(45,000)
ISCAN				21,197	25,000	(1,675)	44,522
Mr N Harris					51,000		51,000
NCC Family	First		Play Club		72,809	(71,451)		1,358
NCC Family	First		Youth Club		14,081	(14,081)
Nevill Hall				25,327	4,680	(16,336)	13,671
Newsquest					3,484			3,484
02E Clubs				54,167	15,000	(16,957)	52,210
Postcode					15,513	(11,360)		4,153
SF ICC					5,287	(5,287)
SFSerennu					10,020	(10,020)
Sport Foundation					5,000	(5,000)
Summer of Fun		(SenCom)			2,001	(2,001)
Tesco Bags	of	Help Funding			2,000	(1,703)		297
TVA Third Sector			ICF Funding		75,000	(72,211)		2,789
Winter ofWellbeing					12,930	(12,334)		596
Total restricted		funds		484,814	608,409	(650,582)	442,641
Total funds				798,328	728,207	(698,563)	827,972

								Balance
				Balance				at 31
				at 1 April	Incoming	Resources		March
				2020	resources	expended	Transfers	2021
					E	E	E	E
Unrestricted funds
General
Unrestricted income fund				246,881	120.003	(55,383)	2,013	313,514
Restricted
AB Invoice					43,811	(41.858)		1,953
AB Medi Swim					35,000	(20,352)		14,648
ALN Parents Engagement				4,348		(4,348)
Barelays				33,537		(3,925)		29,612
Cash 4 U					932	(155)	(529)	248
Children in Need				1,766	32,934	(17,417)		17,283
Community Foundation			Wales		5,772	(4,469)	(1,303)
Covid Emergency		Appeal		99,864	35,170	(65,949)		69,085
Frontier Medical Group			Ltd	286,082	26,000	(63,054)		249,028
Gavo					2,324	(2,324)
Holiday Club				3,107		(841)		2,266
ICF					6,968	(6,968)
ISCAN				23,275		(2,078)		21,197
NCC Additional					17,542	(16,361)	(1,181)
NCC Family First		Play Club			39,708	(39,708)
NCC Family First		Youth	Club		12,141	(12,141)
Nevill Hall				29,658	879	(5,210)		25,327
02E Clubs				33,746	23,000	(2,579)		54,167
Tesco Bags of	Help Funding				(1,000)		1,000
The Waterloo Foundation				4,048	35,000	(39,048)
TVA Third Sector		ICF Funding		7,808		(7,808)
Wales Council	for	Voluntary
Action					90,710	(90,710)
Total restricted	funds			527,239	406,891	(447,303)	(2,013)	484,814
Total funds				774,120	526,894	(502,686)		798,328

		Unrestricted		Total funds
		funds	Restricted	at 31 March
		General	funds	2022
			8	8
Tangible	fixed assets	3,579		3,579
Current	assets	381,839	488,223	870,062
Current	liabilities	(87)	(20,582)	(20,669)
Creditors	over 1 year		(25,000)	(25,000)
Total net assets		385,331	442,641	827,972

23 Analysis	of net funds	of net funds
			At 1 April	Financing	At 31 March
			2021 F	cash flows f	2022 f
Cash at bank	and	in hand	779,831	(138,493)	641,338
Net debt			779,831	~738,493	841,338