||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|8|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|EIalance Sheet|||||
|Cash Flow Statement|||12||
|Notes to the Cash Flow|Statement||13||
|Notes to the Financial Statements||14|to|23|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|f|f|f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||3|218,219|186,977|405,196|486,577|
|Charitable
activities|||||||
|General support services|||14,214||14,214|14,762|
|Projects|||2,080|4,994|7,074|7,422|
|Other trading
activities|||13,316|8,900|22,216|44,204|
|Investment
income|||145||145|8|
|Other income||||||2,880|
|Total|||247,974|200,871|448,845|555,853|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|General support services|||216,449||216,449|179,207|
|Volunteering|||26,693|6,027|32,720|31,090|
|Projects|||1,112|131,461|132,573|220,477|
|Partnership
development|||13,903|40,100|54003|52755|
|Total|||258,157|177,588|435,745|483,533|
|NET INCOME/(EXPENDITURE)|||(10,183)|23,283|13,100|72,320|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||265,318|71,865|337,183|264,863|
|TOTAL FUNDS CARRIED FORWARD|||255.135|95,148|350,283|337,183|
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|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|F.||f||
|CURRENT ASSETS||||||
|Debtors|15|3,347|47,500|50,847|963|
|Cash at bank||277 058|47 648|324,706|416!143|
|||280,405|95,148|375,553|417,806|
|CREDITORS||||||
|Amounts
falling due within one year|16|(25,270)||(25,270)|(80,623)|
|NET CURRENT ASSETS||255,135|95,148|350,283|337183|
|TOTAL ASSETS LESSCURRENT|LIABILITIES|255,135|95,148|350,283|337,183|
|NET ASSETS||255,135|95,148|350283|337,183|
|FUNDS|18|||||
|Unrestricted
funds||||255,135|265,318|
|Restricted funds||||95 148|71 865|
|TOTAL FUNDS||||350,283|337,183|
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|||||2023|2022|
|---|---|---|---|---|---|
||||Notes||F|
|Cash flows from operating|activities|||||
|Cash generated
from operations|||1|~92,282)|101,002|
|Net cash (used in)/provided|by|operating|activities|~92282)|101,002|
|Cash flows from investing|activities|||||
|Interest received||||145||
|Net cash provided
by investing||activities||145||
|Change
in cash and cash|equivalents||in|||
|the reporting
period||||(92,137)|101,010|
|Cash and cash equivalents|at|the||||
|beginning
ofthe reporting|period|||416,843|315,833|
|Cash and cash equivalents|at|the end|of|||
|the reporting
period||||324,706|418,843|
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||F||
|Net income|for the|reporting|period (as per the Statement of Financial|||
|Activities)||||13,100|72,320|
|Adjustments|for:|||||
|Interest received||||(145)|(8)|
|(Increase)/decrease||in debtors||(49,884)|45,542|
|Decrease
in|creditors|||~55.353|~16,852)|
|Net cash (used in)/provided|||by operations|~92,282)|101,002|
|2.|ANALYSIS OF CHANGES|IN NET FUNDS||||
|---|---|---|---|---|---|
||||At 1/4/22|Cash flow|At 31/3/23|
|||||E|F|
||Net cash|||||
||Cash at bank||416,843|~92,137)|324,706|
||||416,843|~92,137)|324,706|
||Total||416,843|92,137|324 706|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||F|F.|
|Grants|||||405,196|486,577|
|Grants received,|included
in the above, are as follows:||||||
||||||2023|2022|
||||||F||
|Wales Council for Voluntary||Action|||||
|Third Sector Major Grants - Core funding|||||202,467|176,661|
|Youth Led grant|scheme||||6,650|6,650|
|Winter Pressures|Fund|||||81,248|
|Comic Relief Community
Fund|||||30,000||
|Torfaen County|Borough Council||||||
|Core funding|||||15,752|15,752|
|Connecting
Torfaen (Via Welsh Government)|||||22,727|22,727|
|Aneurin
Bevan|Health Board||||||
|BSB- Building
Strong Bridges|||||40,100|40,100|
|Winter Pressures|- Health, Social Care and Wellbeing|||Co-ordinator||42,839|
|Connecting
Torfaen, Opening||Doors||||63,000|
|Gwent Regional|Partnership|Board|||||
|Integrated
Care|Fund - Small grants||Fund||40,000|37,600|
|Integrated
Care|Fund - Winter|Pressures|||47,500||
||||||405,196|466,577|
|OTHER TRADING ACTIVITIES|||||||
||||||2023|2022|
||||||F|E|
|Secondment
recovery||||||21,963|
|Event support income|||||9,988|10,013|
|Rental income|||||12,228|12,228|
||||||22,216|44,204|
|INVESTMENT INCOME|||||||
||||||2023|2022|
||||||F||
|Deposit account|interest||||145||
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|INCOME|FROM|CHARIT|AB|LE|A|CTIVITIES||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2023|2022|
||||||Activity||||||F|
|Member services|||||General support||services|||14,214|14,762|
|Project administration
fees|||||Projects|||||2,080|7,422|
|Local projects|||||Projects|||||4,994||
|||||||||||21,288|22 184|
|OTHER INCOME||||||||||||
|||||||||||2023|2022|
|||||||||||E|F|
|Other income —consultancy||||fees|||||||2,880|
|CHARITABLE ACTIVITIES COSTS||||||||||||
|||||||||Grant||||
|||||||||funding|of|||
|||||||||activities||Support||
||||||||Direct|(see note||costs (see||
||||||||Costs|9)||note 10)|Totals|
|||||||||F||F|F|
|General support services|||||||202,546|||13,903|216,449|
|Volunteering|||||||1,000|5,027||26,693|32,720|
|Projects|||||||54,696|76,765||1,112|132,573|
|Partnership|development||||||40,100|||13,903|54,003|
||||||||298,342|81,792||55,811|435,745|
|GRANTS PAYABLE||||||||||||
|||||||||||2023|2022|
|||||||||||F|F|
|Volunteering||||||||||5,027|5,400|
|Projects||||||||||76,765|115,021|
|||||||||||81,792|120,421|
|The volunteering||grants were paid||||out to 3 (2022 - 3) different||youth groups|based|within
the Torfaen|area. T|
|grants ranged between F800||||and F2,227.||||||||
|The project|grants|were paid||out|across a number||ofprojects as|follows:||||
||||||||||||2023f|
|WCVA Comic Relief Community||||||Fund||||||
|New Inn Junior 8||Youth AFC|||||||||9,980|
|Blaenavon|Youth|Strategy|||||||||9,360|
|Hope Ministries|||||||||||8,125|
||||||||||||27,465|
|This is new|grant|funding|for 2023|||||||||
|Integrated|Care fund projects|||||||||||
|Able Radio|||||||||||16,600|
|High Street|Fitness||||||||||9,776|
|Sharon
Full|Gospel Church||||||||||7,398|
|Parkinson's|UK||||||||||4,211|
|Total number
of institutions|||4|(2022:8 institutions|||-F37,204)||||37,985|
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|GRANTS PAYABLE - c|on|tinued||||
|---|---|---|---|---|---|
||||||2023f|
|Connecting
Torfaen - Opening|||Doors|||
|Pontnewydd
Community|Association||||2,500|
|Thornhill 4 U 2|||||2,496|
|Garnsychan
Partnership|||||2,400|
|CoStar|||||2,169|
|Fairhill Methodist
Church|||||1,750|
|Total number of institutions||5(2022:5 institutions||-f10,284)|11.315|
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|14.|COMPARATIVES
FOR|THE ST|ATEMENT OF FINANCIAL ACT|IVITIES|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||INCOME AND ENDOWMENTS||FROM||||
||Donations
and legacies|||192,413|294,164|486,577|
||Charitable
activities||||||
||General support services|||14,762||14,762|
||Projects|||7,422||7,422|
||Other trading
activities|||34,254|9,950|44,204|
||Investment
income|||8||8|
||Other income|||2,880||2,880|
||Total|||251,739|304 114|555853|
||EXPENDITURE ON||||||
||Charitable
activities||||||
||General support services|||179,207||179,207|
||Volunteering|||24,305|6,785|31,090|
||Projects|||1,013|219,464|220,477|
||Partnership
development|||12655|40,100|52,759|
||Total|||217,184|266,349|483,533|
||NET INCOME
Transfers
between
funds|||34,555
~67)|37,765
67|72,320|
||Net movement
in funds|||34,488|37,832|72,320|
||RECONCILIATION
OF FUNDS||||||
||Total funds brought
forward|||230,830|34,033|264,863|
||TOTAL FUNDS CARRIED FORWARD|||265,318|71,865|337,183|
|15.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2023|2022|
||||||F||
||Trade debtors||||2,358||
||Prepayments
and accrued income||||48,489|963|
||||||50,847|963|
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|CREDITORS: AMOU|NTS
FALLING DUE WITHIN ONE Y|EAR||
|---|---|---|---|
|||2023|2022|
|||F|F|
|Trade creditors||975|964|
|Social security and other taxes||285|299|
|Other creditors||18,624|73,441|
|Accruals and deferred|income|5,386|5,919|
|||25,270|80,623|
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|Minimum
lease payments
under non-cancellable
operating|leases fall due as follows:||
|---|---|---|
||2023|2022|
|||f|
|Within one year|16,300|16,300|
|Between one and five years|16,300|32,600|
||32,600|48,900|
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|MOVEMENT|IN FUND|S|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1/4/22|in funds|31/3/23|
|||||f.|F|F|
|Unrestricted|funds||||||
|General
fund||||265,318|(10,183)|255,135|
|Restricted funds|||||||
|Youth Grant|Scheme||||623|623|
|Integrated
Care Fund -||small grants fund||396|39,615|40,011|
|TCV Awards||||2,267|(924)|1,343|
|Connecting
Torfaen, Opening|||Doors|69,202|(18,566)|50,636|
|Comic Relief|Community|Fund|||2 535|2,535|
|||||71,865|23,283|95 148|
|TOTAL FUNDS||||337,183|13,100|350,283|
##
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|Net movement
in funds,|inc|lud|ed
in|the above|are as foll|ows:||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Incoming|Resources|Movement|
||||||||resources
f|expended|in funds
f|
|Unrestricted
funds||||||||||
|General
fund|||||||247,974|(258,157)|(10,183)|
|Restricted funds||||||||||
|Youth Grant Scheme|||||||6,650|(6,027)|623|
|Building Strong Bridges|||||||40,100|(40,100)||
|Integrated
Care Fund -|small grants|||fund|||87,500|(47,885)|39,615|
|TCV Awards|||||||8,900|(9,824)|(924)|
|Connecting
Torfaen, Opening|||Doors||||27,721|(46,287)|(18,566)|
|Comic Relief Community|Fund||||||30,000|~27,465)|2 535|
||||||||200,871|)177.588)|23,283|
|TOTAL FUNDS|||||||448,845|~435.745)|13,100|
|Comparatives
for movement|||in funds|||||||
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At 1/4/21||in funds|funds|31/3/22|
||||||f||f|f||
|Unrestricted
funds||||||||||
|General
fund|||||230,830||34,555|(67)|265,318|
|Restricted funds||||||||||
|Youth Grant Scheme||||||135|(135)|||
|Integrated
Care Fund -|small grants|||fund|||396||396|
|Comic Relief project awards|||||6,626||(6,626)|||
|Coronavirus
Recovery grant||for||||||||
|volunteering|||||4,800||(4,800)|||
|Voluntary
Sector Recovery||Fund|||20,840||(20,907)|67||
|Torfaen Council COVID|small||grants||1,632||(1,632)|||
|TCV Awards|||||||2,267||2,267|
|Connecting
Torfaen, Opening|||Doors||||68 202||69,202|
||||||34,033||37,765|67|71,865|
|TOTAL FUNDS|||||264,863||72,320||337,183|
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