||||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|
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||||||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|
##
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|||||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|
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|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|
##
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|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|
##
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|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.|||
##
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|||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|
##
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##
|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)|
##
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|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|
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