| Page | ||||
|---|---|---|---|---|
| Chief Executives Report | ||||
| Report ofthe Trustees | 2 | to | 11 | |
| Independent Examiner's |
Report | 12 | ||
| Statement ofFinancial Activities | 13 | |||
| Balance Sheet | 14 | |||
| Cash Flow Statement | 15 | |||
| Notes to the Cash Flow Statement | 16 | |||
| Notes to the Financial Statements | 17 | to | 27 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | F | F | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
131,673 | 131,673 | 143,281 | |||
| Charitable activities |
||||||
| Working with young people with disabilities |
learning | 2,000 | 76,826 | 78,826 | 160,284 | |
| Other trading activities |
23,551 | 23,551 | 31,342 | |||
| Investment income |
9 | 9 | 8 | |||
| Total | 157,233 | 76,826 | 234,059 | 334,915 | ||
| EXPENDITURE ON | ||||||
| Raising funds | ||||||
| Raising donations and legacies |
10,312 | 10,312 | 8,863 | |||
| Other trading activities |
70 | 70 | 10,992 | |||
| 10,382 | 10,382 | 19,855 | ||||
| Charitable activities |
||||||
| Working with young people with |
learning | |||||
| disabilities | 121,284 | 106,860 | 228,144 | 240,926 | ||
| Total | 131,666 | 106,860 | 238,526 | 260,781 | ||
| NET INCOME/(EXPENDITURE) | 25,567 | (30,034) | (4,467) | 74,134 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
102,739 | 38,034 | 140,773 | 66,639 | ||
| TOTAL FUNDS CARRIED FORWARD | 128,306 | 8,000 | 136,306 | 140,773 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | funds F |
funds | funds f |
funds F |
|
| FIXEDASSETS | |||||
| Tangible assets | 16 | 5,279 | 5,279 | 7,554 | |
| CURRENT ASSETS | |||||
| Debtors | 17 | 4,081 | 4,081 | 6,642 | |
| Cash at bank | 125,793 | 8,000 | 133,793 | 139,631 | |
| 129,874 | 8,000 | 137,874 | 146,273 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(6,847) | (6,847) | (13,054) | ||
| NET CURRENT ASSETS | 123,027 | 8,000 | 131,027 | 133,219 | |
| TOTAL ASSETSLESSCURRENT LIABILITIES | 128,306 | 8,000 | 136,306 | 140,773 | |
| NETASSETS | 128,306 | 8,000 | 136,306 | 140,773 | |
| FUNDS | 20 | ||||
| Unrestricted funds |
128,306 | 102,739 | |||
| Restdicted funds | 8,000 | 38,034 | |||
| TOTAL FUNDS | 136,306 | 140,773 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Notes | F | E | ||
| Cash flows from operating activities Cash generated from operations |
~5,847) | 66,660 | ||
| Net cash (used in)/provided | by operating | activities | ~5,847) | 66,660 |
| Gash flows from investing | activities | |||
| Purchase oftangible fixed assets |
(6,910) | |||
| Interest received | 8 | |||
| Net cash provided by/(used |
in) investing | activities | ~8,902) | |
| Change in cash and cash |
equivalents | in | ||
| the reporting period |
(5,838) | 59,758 | ||
| Cash and cash equivalents | atthe | |||
| beginning ofthe reporting |
period | 139,631 | 79,873 | |
| Cash and cash equivalents | at the end | of | ||
| the reporting period |
133,793 | 139,631 |
| RECONCILIATION OF NET (EXPENDITURE)/INCOME |
RECONCILIATION OF NET (EXPENDITURE)/INCOME |
RECONCILIATION OF NET (EXPENDITURE)/INCOME |
TO NET CASH FLOW FROM OPERATING | |
|---|---|---|---|---|
| ACTIVITIES | ||||
| 2022 F |
2021f | |||
| Net (expenditure)/income | for the reporting | period (as | per the Statement | |
| ofFinancial Activities) | (4,467) | 74,134 | ||
| Adjustments for: |
||||
| Depreciation charges |
2,275 | 5,239 | ||
| Interest received | (9) | (8) | ||
| Decrease/(increase) in debtors Decrease in creditors |
2,561 ~6.267) |
(5,539) ~7,166) |
||
| Net cash (used in)/provided | by operations | ~5,847) | 66,660 |
| At 1/10/21 | Cash flow | At 30/9/22 | |
|---|---|---|---|
| F | F | ||
| Nei cash | |||
| Cash at bank | 139,631 | 5,838 | 133,793 |
| 139,631 | ~5,838) | 133,793 | |
| Total | 139,631 | ~5,838) | 133,793 |
| Grants received, | included in th |
e above, are as follows: | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| F | F | |||
| Rhondda Cynon |
Taff Country | Borough Council | 14,000 | |
| The Moondance | Foundation | 10,768 | ||
| Community Foundation Wales |
5,000 | 20,000 | ||
| Edgar E. Lawley | Foundation | 1,500 | ||
| Welsh Government | 10,000 | |||
| Department for |
Work and Pensions | 2,864 | 2,933 | |
| 7,864 | 59,201 |
| 4. | OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| F | |||||||||
| Fundraising events |
21,889 | 29,247 | |||||||
| Donated goods and services for | fundraising | events | 425 | ||||||
| Shop sales | 1,662 | 1,670 | |||||||
| 23,551 | 31,342 | ||||||||
| 5. | INVESTMENT INCOME | ||||||||
| 2022 | 2021 | ||||||||
| F | |||||||||
| Deposit account interest | |||||||||
| 6. | INCOME FROM CHARITABLE | ACTIVITIES | |||||||
| 2022 | 2021 | ||||||||
| Grants | 78,826 | 160,284 | |||||||
| Grants received, included in the |
above, are as follows: | ||||||||
| 2022 | 2021 | ||||||||
| E | |||||||||
| Rhondda Cynon Taff Country |
Borough Council | 2,000 | |||||||
| Voluntary Action Merthyr Tydfil |
9,286 | ||||||||
| Interlink Rhondda Cynon Taff |
260 | 250 | |||||||
| Tesco Bags of Help Community | Grants | 4,000 | 2,000 | ||||||
| The Moondance Foundation |
7,275 | ||||||||
| Bridgend Association of Voluntary |
Organisations | 17,165 | 500 | ||||||
| Community Foundation Wales |
10,000 | ||||||||
| The National Lottery Community |
Fund - Coronavirus | Community | Support Fund | 1,500 | |||||
| Postcode Neighbourhood Trust |
20,000 | ||||||||
| WCVA - VSRF Small grant | 83,832 | ||||||||
| Neath Port Talbot CVS | 2,141 | ||||||||
| Torfaen Voluntary Alliance |
1,044 | ||||||||
| Track 2000 | 15,000 | ||||||||
| Glamorgan Voluntary Services |
5,456 | ||||||||
| Sported Foundation | 500 | 2,000 | |||||||
| WCVA - Third Sector Resilience | Fund for Wales | 43,538 | |||||||
| First Give - Tonyrefail Community |
School | 1,000 | |||||||
| Gwent Association ofVoluntary |
Organisations | 9,063 | |||||||
| Rank Foundation | 1,300 | ||||||||
| 78,826 | 160,284 |
| 7. | RAISING DONATIONS | AND LEGACIES | ||||
| 2022f | 2021 F |
|||||
| Fundraisers' commission |
8 expenses | 9,100 | 5,283 | |||
| Website fees | 486 | 245 | ||||
| Fundraising event costs |
726 | 2,910 | ||||
| Donated goods and | services | 425 | ||||
| 10,312 | 8,863 | |||||
| 8. | OTHER TRADING | ACTIVITIES | ||||
| 2022 | 2021 | |||||
| F | ||||||
| Purchases | (449) | |||||
| Staff costs | 9,481 | |||||
| Postage, stationery | &advertising | 430 | ||||
| Telephone | (100) | |||||
| Repairs and renewals | 252 | |||||
| Insurance | 25 | |||||
| Volunteer expenses | 70 | 288 | ||||
| Rent, rates and office services Staff welfare |
(«) 130 |
|||||
| Depreciation | 946 | |||||
| 70 | 10,992 | |||||
| 9. | CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | |||||
| Costs (see | costs (see | |||||
| note 10) | note 11) | Totals | ||||
| F | F | F | ||||
| Working with young |
people with learning | |||||
| disabilities | 187,602 | 40,542 | 228,144 | |||
| 10. | DIRECT COSTS OF CHARITABLE ACTIVITIES | |||||
| 2022 F |
2021f | |||||
| Staff costs | 59,961 | 57,265 | ||||
| Delivering Dreams |
13,394 | |||||
| Motor and travel | 82 | |||||
| Rent, rates &office | services | 3,893 | 3,654 | |||
| Insurance | 419 | 150 | ||||
| Telephone and internet |
628 | (603) | ||||
| Postage, stationery | 8 advertising | 2,457 | 2,586 | |||
| Staff welfare | 657 | 779 | ||||
| Fixtures &fittings depreciation |
1,661 | 3,027 | ||||
| Life wise costs | 1,198 | 200 | ||||
| Donated goods and | services | 69,355 | 28,690 | |||
| COVID-19 Expenditure | 49,575 | 93,284 | ||||
| Bluestone expenses | 536 | |||||
| Workshop costs | 180 | |||||
| 187,602 | 202,426 |
| SUPPORT C | OSTS | ||||||
|---|---|---|---|---|---|---|---|
| Staff | Governance | ||||||
| costs | Depreciation f |
Other E |
costs F |
Totals F |
|||
| Working with |
young people | ||||||
| with learning | disabilities | 16,716 | 478 | 13,582 | 9,766 | 40,542 | |
| NET INCOME/(EXPENDITURE) | |||||||
| Net income/(expenditure) | is stated | after charging/(crediting): | |||||
| 2022 | 2021 | ||||||
| F | |||||||
| Depreciation | -owned assets | 2,275 | 5,239 | ||||
| Operating leases |
1,490 | 2,010 | |||||
| Independent | examination | fees | 2,893 | 2,920 |
| STAFF COS | TS | |||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| E | ||||||||
| Wages and salaries | 77,396 | 84,838 | ||||||
| Social security costs | (2,143) | 3,444 | ||||||
| Other pension | costs | 2569 | 2,429 | |||||
| 77,822 | 90,711 | |||||||
| The average | monthly | number | ofemployees | during | the year was as follows: | |||
| 2022 | 2021 | |||||||
| Number ofemployees | 3 | 4 | ||||||
| No employees | received emoluments | in excess of | F60,000. |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| E | F | |||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
143,281 | 143,281 | ||
| Charitable activities |
||||
| Working with young people with |
learning | |||
| disabilities | 160,284 | 160,284 | ||
| Other trading activities |
31,342 | 31,342 | ||
| Investment income |
8 | 8 | ||
| Total | 174,631 | 160,284 | 334,915 | |
| EXPENDITURE ON | ||||
| Raising funds | ||||
| Raising donations and legacies |
8,863 | 8,863 | ||
| Other trading activities |
10,992 | 10,992 | ||
| 19,855 | 19,855 | |||
| Charitable activities |
||||
| Working with young people with |
learning | |||
| disabilities | 109,055 | 131,871 | 240,926 | |
| Total | 128,910 | 131,871 | 260,781 | |
| NET INCOME Transfers between funds |
45,721 7,502 |
28,413 ~7,502) |
74,134 | |
| Net movement in funds |
53,223 | 20,911 | 74,134 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
49,516 | 17,123 | 66,639 | |
| TOTAL FUNDS CARRIED FORWARD | 102,739 | 38,034 | 140,773 |
| 16. | TANGIBLE FIXEDAS | SETS | |||
|---|---|---|---|---|---|
| Fixtures | |||||
| and | |||||
| fittings | |||||
| F | |||||
| COST | |||||
| At 1 October 2021 and | 30September 2022 | 20,276 | |||
| DEPRECIATION | |||||
| At 1 October 2021 | 12,722 | ||||
| Charge for year | 2,275 | ||||
| At 30September 2022 | 14,997 | ||||
| NET BOOK VALUE | |||||
| At 30September 2022 | 5,279 | ||||
| At 30September 2021 | 7,554 | ||||
| 17. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR |
||||
| 2022 | 2021 | ||||
| F | F | ||||
| Other debtors | 832 | 692 | |||
| Prepayments and accrued income |
3,249 | 5,950 | |||
| 4,081 | 6,642 | ||||
| 18. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
||||
| 2022 | 2021 | ||||
| F | |||||
| Trade creditors | 436 | 298 | |||
| Social security and other taxes | 1,058 | 4,667 | |||
| Other creditors | 406 | 242 | |||
| Accruals and deferred | income | 4,947 | 7,847 | ||
| 6,847 | 13,054 |
| MOVEMENT IN FUN |
DS | |||||
|---|---|---|---|---|---|---|
| Net | ||||||
| At | movement | At | ||||
| 1/10/21 | in funds | 30/9/22 | ||||
| F | F | |||||
| Unrestricted funds |
||||||
| General fund | 102,739 | 25,567 | 128,306 | |||
| Restricted funds | ||||||
| IT Fund | 3,000 | (3,000) | ||||
| COVID-19 Pandemic | Fund | 27,934 | (19,934) | 8,000 | ||
| Wellbeing Together Lifewise Gwent Fund |
5,000 2,100 |
(5,000) ~2,100) |
||||
| 38,034 | ~30,034) | 8,000 | ||||
| TOTAL FUNDS | 140,773 | ~4,467) | 136,306 | |||
| Net movement in funds, |
included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| F | F | |||||
| Unrestricted funds |
||||||
| General fund |
157,233 | (131,666) | 25,567 | |||
| Restricted funds | ||||||
| IT Fund | (3,000) | (3,000) | ||||
| COVID-19 Pandemic | Fund | 70,526 | (90,460) | (19,934) | ||
| Wellbeing Together | (5,000) | (5,000) | ||||
| Lifewise Gwent Fund | (2,100) | (2,100) | ||||
| Play Stay and Sign Fund First Give - Tonyrefail Community |
Fund | 5,300 1,000 |
(5,300) ~1,000) |
|||
| 76,826 | ~106,860 | ~30,D34) | ||||
| TOTAL FUNDS | 234,059 | ~238,526) | ~4,467) |
| MOVEMENT IN FUNDS - con |
MOVEMENT IN FUNDS - con |
MOVEMENT IN FUNDS - con |
tinued | tinued | ||||
|---|---|---|---|---|---|---|---|---|
| Comparatives for movement |
in funds | |||||||
| Net | Transfers | |||||||
| At | movement | between | At | |||||
| 1/10/20 | in funds | funds | 30/9/21 | |||||
| F | F | E | F | |||||
| Unrestricted funds |
||||||||
| General fund | 49,516 | 45,721 | 7,502 | 102,739 | ||||
| Restricted funds | ||||||||
| IT Fund | 5,300 | 4,048 | (6,348) | 3,000 | ||||
| COVID-19 Pandemic | Fund | 11,823 | 17,265 | (1,154) | 27,934 | |||
| Wellbeing Together |
5,000 | 5,000 | ||||||
| Lifewise Gwent Fund | 2,100 | 2,100 | ||||||
| 17,123 | 28,413 | ~7,502) | 38,034 | |||||
| TOTAL FUNDS | 66,639 | 74,134 | 140,773 | |||||
| Comparative net movement |
in | funds, | included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||||
| resources F, |
expended f |
in funds F |
||||||
| Unrestricted funds |
||||||||
| General fund | 174,631 | (128,910) | 45,721 | |||||
| Restricted funds | ||||||||
| IT Fund | 4,636 | (588) | 4,048 | |||||
| COVID-19 Pandemic | Fund | 145,648 | (128,383) | 17,265 | ||||
| Wellbeing Together Lifewise Gwent Fund |
5,000 5,000 |
~2,900) | 5,000 2,100 |
|||||
| 160,284 | )131,871) | 28,413 | ||||||
| TOTAL FUNDS | 334,915 | ~260,781) | 74,134 |