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2023-03-31-accounts

Page
Trustees'
report
1-7
Statement oftrustees' responsibilities
Independent
auditor's
report 9-11
Statement offinancial activities 12
Balance sheet
Statement ofcash flows 14
Notes to the financial statements 15-38

Ofthose p arents
support
ed,
the following
im
provements
Children's Learning
and
Development 83%
Parental Wellbeing 80%
Children's mental
health
78%
Managing the Household Budget 73%
Reduction ofstress 80%

Reference Reference and administrative and administrative details
Company number 05199118
Charity number 1105577
Registered office Rainbow House
1 Newent
Road
St. Mellons
Cardiff
CF3 OBL
Trustees Barbara Cluer
Helen Howson
Liam Maguire
(appointed
28April 2022, 31 July resigned
2023)
Carol Ravenscroft
Jonathan
Richards
Ruth Sinfield
Ann Williams
Catriona Williams
Secretary Bethan Webber (resigned 28April 2023)
Jayne Drummond (appointed 2 May 2023)
Key management personnel Bethan Webber
Jayne Drummond
Judy Leering
Meirwen Jones
lestyn Evans
Auditors Azets Audit Services
Ty Derw
Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB
Bankers HSBC
1 Centenary
Square
Birmingham
B1 1HQ

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2022 2022 2022
Notes F F F F F
Income from:
Donations
and
legacies 30,167 30,167 10,672 10,672
Charitable
activities
153,054 1,325,419 1,478,473 50,000 1,406,685 1,456,685
Other Income 3,074 3,074 4,663 4,663
Investments 321 321 9 9
Total income 186,616 1,325,419 1,512,035 65,344 1,406,685 1,472,029
'll'
Charitable
activities
122,850 1,443,740 1,566,590 280,138 1,249,446 1,529,584
Net income/(expenditure) for
the year/
Net movement in funds 63,766 (118,321) (54,555) (214,794) 157,239 (57,555)
Fund balances at 1 April
2022 451,460 317,569 769,029 666,254 160,330 826,584
Fund balances at 31
March 2023 515,226 199,248 714,474 451,460 317,569 769,029

2023 2022
Notes
Fixed assets
Tangible assets 376
Current assets
Debtors 12 65,143 104,933
Cash at bank and in hand 750,276 737,756
815,419 842,689
Creditors: amounts falling due within
one year 13 (100,069) (71,998)
Net current assets 715,350 770,691
Total assets less current liabilities 715,350 771,067
Creditors: amounts falling due after
more than one year 14 (876) (2,038)
Net assets 714,474 769,029
Income funds
Restricted funds 16 199,248 317,569
Unrestricted funds
Designated funds 17 198,469 143,541
General
unrestricted
funds 316,757 307,919
515,226 451,460
714,474 769,029

2023 2022
Notes
Cash flows from operating activities
Cash generated from/(absorbed
by)
operations 12,199 (115,244)
Investing activities
Investment income received 321
Net cash generated
from
investing
activities 321
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents 12,520 (115,235)
Cash and cash equivalents at beginning ofyear 737,756 852,991
Cash and cash equivalents at end of year 750,276 737,756

Unrestricted Unrestricted
funds funds
2023 2022
F
Donations and gifts 30,167 10,672
4 Charitable activities
Total Total
2023 2022
Grants 1,478,473 1,456,685
Analysis by fund
Unrestricted funds 153,054 50,000
Restricted funds 1,325,419 1,406,685
1,478,473 1,456,685

Anglesey
Council
32,953 6,136
National
Lottery Community
Fund 12,777
Children
in Need
58,499 38,243
Cwm Taf Health Board 46,502 46,501
Cwm Taf ND 20,991
Families First 505,684 492,999
Awards for all 9,950
Garfield Weston 50,000
GAVO RIF Grant 8,010
Hartsheath
Foundation
1,100
Henry Smith 60,000
HSUK 9,000 78,882
Helping
Working
Families
67,740 132,594
Julian Hodge Foundation 10,000
Job Retention Scheme 903
Lyndal Tree Foundation 2,000
Oakdale Trust 2,000
Powys County
Council
79,500 88,000
Rhyl Town Council 2,000 2,000
Steve Morgan
Foundation
20,000 30,000
Supporting
People
108,672 119,606
Tudor Trust 20,000
University
Health Board
20,151 20,151
Dad Matters Cymru 32,167 15,253
Dad Matter Cwn taf 21,000
Duchess ofWestminster Fund 5,000
Dulverton
Trust
28,658
Gwynt Y Mor 40,000
BCUHB 2,150
Children
in Need - Gwent
10,000 10,000
Dr Dewi Davies 5,000
Mantell
Gwynedd
2,150
Merthyr
Tydfil Council
29,000 5,943
Moondance
Foundation
151,052
Nation ofSanctuary 31,977
Neath Port Talbot County Borough Council 5,808
Newport
Council
24,971
Pembrokeshire
County Borough Council
62,139
Save the Children 2,400
Society ofthe Holy Child Jesus 15,000
Swansea
City Council
35,000 12,911
Time to Shine 2,200
Voluntary
Action Merthyr
Tydfil 3,000
Walk and Chat 3,900
Waterloo Foundation 15,000 15,000
WCVATSRF 2 94,950
WCVATSRF 3 12,496 37,489
1,478,473 1,456,685

Unrestricted Unrestricted
funds funds
2023 2022
F
3,074 4,663
Unrestricted Unrestricted
funds funds
2023 2022
F
321

Total Total
2023 2022
Staff costs 1,266,616 1,226,258
Depreciation and impairment 376 1,614
Staffexpenses 44,350 21,045
Rent, Rates 8 Water 25,094 23,760
Light 8 Heat 12,667 6,550
Postage 8 Stationery 1,495 2,645
Marketing 7,143 21,299
ITcosts 43,264 45,717
Bank charges 107 237
Consultancy and other staff costs 38,550 47,561
Premises costs 13,910 19,874
Telephone 14,920 18,652
Room Hire 5,219 717
Volunteer Costs 16,462 8,573
Families 35,497 56,988
1,525,670 1,501,490
Share ofgovernance costs (see note 8) 40,920 28,094
1,566,590 1,529,584
Analysis
by
fund
Unrestricted funds 122,850 280,138
Restricted
funds
1,443,740 1,249,446
1,566,590 1,529,584

Support cos ts
Support Governance 2023Support costs Governance 2022
costs costs costs
F F F
Audit fees 6,900 6,900 6,120 6,120
Legal fees 33,015 33,015 20,731 20,731
Accountancy Fees 1,005 1,005 1,243 1,243
40,920 40,920 28,094 28,094
Analysed between
Charitable activities 40,920 40,920 28,094 28,094

2023 2022
Number Number
Total 52 53
Employment
costs
2023 2022
Wages and salaries 1,116,705 1,102,451
Social security costs 93,040 77,867
Other pension costs 56,871 45,940
1,266,616 1,226,258

The number
of employees
whose annual
The number
of employees
whose annual
The number
of employees
whose annual
The number
of employees
whose annual
remuneration was F60,000 or more
were:
2023 2022
Number Number
f60,000 tof69,999 1 1
The employer's
pension
contributions in relation to the above was E3,150(2022: F3,000)
11 Tangible fixed assets
Fixtures and Computers Total
fittings
Cost
At 1 April 2022 24,639 4,892 29,531
At 31 March 2023 24,639 4,892 29,531
Depreciation
and impairment
At 1 April 2022 24,639 4,516 29,155
Depreciation
charged
in the year 376 376
At 31 March 2023 24,639 4,892 29,531
Carrying
amount
At 31 March 2023
At 31 March 2022 376 376
12 Debtors
2023 2022
Amounts
falling due
within one year:
Trade debtors 65,143 104,300
Prepayments
and accrued income
633
65,143 104,933

13 Creditors: amounts falling due within one year
2023 2022
K
Other taxation and social security 20,848 21,249
Trade creditors 35,555 32,990
Other creditors 9,611 9,867
Accruals and deferred income 34,055 7,892
100,069 71,998
14 Creditors: amounts falling due after more than one year
2023 2022
Pension 876 2,038

15 Retirement
benefit schemes
Retirement
benefit schemes
Retirement
benefit schemes
(Continued)
Unwinding ofdiscount factor (interest expense) 61 62
Deficit contribution
paid
(1,168) (2,723)
Actuarial remeasurements -change in assumptions (55) (74)
Actuarial remeasurements -amendments to the contribution schedule (4,818)
Provision at end of period 2,044 3,206
Income and expenditure impact
2023 2022
Interest expense 61 62
Actuarial remeasurements -change in assumptions (55) (74)
Actuarial remeasurements -amendments to the contribution schedule (4,818)
Key assumptions
2023 2022 2021
Discount rate 5.52 2.35 0.66
2023 2022 2021
f.
Year 1 1,168 1,168 2,723
Year 2 973 1,168 2,804
Year 3 973 2,804
Year 4 2,479
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2023f 2022
F
Within one year 7,686 598
Between two and five years 891 301
8,577 899

Cash generated
from
operations 2023 2022
Deficit for the year (54,555) (57,555)
Adjustments
for:
Investment
income recognised
in
statement offinancial activities (321) (9)
Depreciation
and impairment
oftangible
fixed assets 376 1,614
Movements
in working
capital:
Decrease/(increase)
in
debtors 39,790 (54,956)
Increase/(decrease)
in
creditors 26,909 (4,338)
Cash generated
from/(absorbed
by) operations 12,199 (115,244)