| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | I | to | 10 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | 12 | ||
| Balance Sheet | 13 | to | 14 | |
| Notes to the Financial Statements | 15 | to | 31 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Restricted | |||||||||
| Capital | |||||||||
| Unrestricted | Restricted | Grant | Total | Total | |||||
| funds | funds | Funds | funds | funds | |||||
| Notes | |||||||||
| INCOME AND | |||||||||
| ENDOWMENTS | FROiVI | ||||||||
| Donations and legacies |
2,628 | 2,628 | 3,242 | ||||||
| Charitable activities |
|||||||||
| All Activities | 225,479 | 55,379 | 9,870 | 290,728 | 384,218 | ||||
| Investment income |
9 | 10 | 29 | ||||||
| Other income | 3,077 | (268) | 2,809 | 570 | |||||
| Total | 231,193 | 55,380 | 9,602 | 296,175 | 388,059 | ||||
| EXPENDITURE | ON | ||||||||
| Raising funds | 8,563 | 1,471 | 10,034 | 9,554 | |||||
| Charitable activities |
|||||||||
| All Activities | 177,513 | 82,796 | 8,103 | 268,412 | 293,546 | ||||
| Total | 186,076 | 84,267 | 8,103 | 278,446 | 303,100 | ||||
| NET | |||||||||
| INCOME/(EXPENDITURE) | 45,117 | (28,887) | 1,499 | 17,729 | 84,959 | ||||
| Transfers between |
funds | 17 | (5,231) | 5,231 | |||||
| Net movement in |
funds | 39,886 | (23,656) | 1,499 | 17,729 | 84,959 | |||
| RECONCILIATION | OF | ||||||||
| FUNDS | |||||||||
| Total funds brought forward | 116,689 | 75,551 | 171,827 | 364,067 | 279,108 | ||||
| TOTAL FUNDS CARRIED | |||||||||
| ' | |||||||||
| FORWARD | 156,575 | 51,895 | 173,326 | 381,796 | 364,067 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Restricted | ||||||
| Capital | ||||||
| Unrestricted | Restricted | Grant | Total | Total | ||
| funds | funds | Funds | funds | funds | ||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 12 | 225,755 | 61,414 | 287,169 | 395,921 | |
| CURRENT ASSETS | ||||||
| Debtors | 13 | 4,793 | 4,793 | 1,238 | ||
| Cash at bank | 118,844 | 75,866 | 111,912 | 306,622 | 180,752 | |
| 123,637 | 75,866 | 111,912 | 311,415 | 181,990 | ||
| CREDITORS | ||||||
| Amounts falling due within one |
||||||
| year | 14 | (27,371) | (4,103) | (31,474) | (24,193) | |
| NET CURRENT ASSETS | 96,266 | 71,763 | 111,912 | 279,941 | 157,797 | |
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | 322,021 | 71,763 | 173,326 | 567,110 | 553,718 | |
| CREDITORS | ||||||
| Amounts falling due after more |
||||||
| than one year | 15 | (165,446) | (19,868) | (185,314) | (189,651) | |
| NET ASSETS | 156,575 | 51,895 | 173,326 | 381,796 | 364,067 | |
| FUNDS | 17 | |||||
| Unrestricted funds |
156,575 | 116,689 | ||||
| Restricted funds | 225,221 | 247,378 | ||||
| TOTAL FUNDS | 381,796 | 364,067 |
| Leasehold | property | 5%on cost |
|---|---|---|
| Leasehold | improvements | 5%on cost |
| Fixtures, | fittings &equipment | 15%on reducing balance |
| for the Year Ended 31,.March.202 | 2 | ||||
|---|---|---|---|---|---|
| 2. | INVESTMENT INCOME | ||||
| 2022 | 2021 | ||||
| Deposit account interest | 10 | 29 | |||
| 3. | INCOME FROM CHARITABLE ACTIVITIES | ||||
| 2022 | 2021 | ||||
| Activity | |||||
| DARE | All Activities | 775 | |||
| Accommodation | All Activities | 199,989 | 214,696 | ||
| Grants | All Activities | 90,688 | 168,482 | ||
| Other income | All Activities | 51 | 265 | ||
| 290,728 | 384,218 | ||||
| Grants received, included | in the | above, are as follows; | |||
| 2022 | 2021 | ||||
| Oakdale Trust | 1,000 | ||||
| Lloyds Bank Foundation | 25,001 | ||||
| Sundry grants under 6500 | 246 | ||||
| Community Foundation |
in Wales | 780 | |||
| Darkley Trust | 4,954 | ||||
| The National Lottery Community | Fund | 36,066 | |||
| Covid Funding | 48,817 | 108,283 | |||
| Bernard Sunley | 5,000 | ||||
| Awards for All | 9,870 | 10,000 | |||
| Edward Gostling Foundation | 8,000 | ||||
| Moondance | 1,800 | ||||
| 90,688 | 169,129 |
| Other trading ac | tivities | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Staffcosts | 10,034 | 9,554 | |||
| 5. | CHARITABLE | ACTIVITIES COSTS | |||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 6) | note 7) | Totals | |||
| All Activities | 130,146 | 138,266 | 268,412 | ||
| 6. | DIRECT COSTSOF CHARITABLE ACTIVITIES | ||||
| 2022 | 2021 | ||||
| Staffcosts | 41,583 | 40,695 | |||
| Travel and subsistence | 2,120 | 387 | |||
| Care fund | 435 | 119 | |||
| Health and fitness | costs | 5,704 | 8,428 | ||
| Outdoor pursuits | and sports | 625 | |||
| Rehab Referral | 1,423 | 1,544 | |||
| Events and workshops | 977 | 255 | |||
| D.A.R.E.Expenditure | 8,969 | 12,149 | |||
| Accommodation | expenditure | 68,935 | 86,285 | ||
| 130,146 | 150,487 |
| Information | ||||||
|---|---|---|---|---|---|---|
| Management | Finance | technology | ||||
| f. | ||||||
| All Activities | 12,338 | 2,107 | 6,397 | |||
| Human | Governance | |||||
| resources | Depreciation | costs | Totals | |||
| All Activities | 100,209 | 12,994 | 4,221 | 138,266 | ||
| Support costs, included in the above, are as follows: | ||||||
| 2022 | 2021 | |||||
| All | Total | |||||
| Activities | activities | |||||
| Premises costs | 11,393 | 21,688 | ||||
| Advertising and marketing |
etc | 706 | ||||
| Subscription | &membership | fees | 239 | 164 | ||
| Bank charges | 610 | 1,345 | ||||
| Stafftraining | 1,497 | 355 | ||||
| IT Support | 1,885 | 725 | ||||
| Communications | 3,502 | 3,790 | ||||
| Printing, post | and stationery | 914 | 1,183 | |||
| Sundries | 96 | 881 | ||||
| Office and finance staff | 83,969 | 80,228 | ||||
| Social security | 5,585 | 5,095 | ||||
| Pensions | 768 | 657 | ||||
| Interest payable and similar | charges | 9,887 | 9,992 | |||
| Depreciation | 12,994 | 13,164 | ||||
| Accountancy | fees | 4,221 | 3,792 | |||
| 138,266 | 143,059 |
| 2022 | 2021 | |
|---|---|---|
| Depreciation - owned assets | 12,994 | 13,164 |
| Surplus on disposal offixed assets | (2,809) | (570) |
| STAF | FCOSTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Wages | and salaries | 132,155 | 127,233 |
| Social | security costs | 8,139 | 7,497 |
| Other | pension costs | 1,645 | 1,499 |
| 141,939 | 136,229 |
| 2022 | 2021 | |
|---|---|---|
| Management | 2 | 2 |
| Administration | 1 | 1 |
| Project and day care staff | 2 | 2 |
| COMPARATIVES F | ORTHK STATEMENT | OFFINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|
| Restricted | |||||
| Capital | |||||
| Unrestricted | Restricted | Grant | Total | ||
| funds | funds | Funds | funds | ||
| I, | f. | ||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations snd legacies |
3,242 | 3,242 | |||
| Charitable activities |
|||||
| All Activities | 234,043 | 140,175 | 10,000 | 384,218 | |
| Investment income |
27 | 29 | |||
| Other income | 570 | 570 | |||
| Total | 237,882 | 140,177 | 10,000 | 388,059 | |
| EXPENDITURE ON | |||||
| Raising funds | 8,105 | 1,449 | 9,554 | ||
| Charitable activities |
|||||
| All Activities | 212,252 | 72,851 | 8,443 | 293,546 | |
| Total | 220,357 | 74,300 | 8,443 | 303,100 | |
| NET INCOME | 17,525 | 65,877 | 1,557 | 84,959 | |
| Transfers between funds |
(2,662) | (283) | 2,945 | ||
| Net movement in funds |
14,863 | 65,594 | 4,502 | 84,959 | |
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 101,827 | 9,956 | 167,325 | 279,108 | |
| TOTAL FUNDS CARRIED FORWARD | 116,690 | 75,550 | 171,827 | 364,067 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Improvements | ||||
| Freehold | Leasehold | Leasehold | to | |
| property | property | improvements | property | |
| COST | ||||
| At 1 April 2021 | 306,070 | 107,886 | 34,233 | 13,525 |
| Additions | ||||
| Disposals | (102,310) | (3,525) | ||
| At 31March 2022 | 203,760 | 107,886 | 34,233 | 10,000 |
| DEPRECIATION | ||||
| At 1 April 2021 | 75,508 | 20,555 | ||
| Charge for year | 5,394 | 1,712 | ||
| Eliminated on disposal |
||||
| At 31March 2022 | 80,902 | 22,267 | ||
| NET BOOKVALUE | ||||
| At 31March 2022 | 203,760 | 26,984 | 11,966 | 10,000 |
| At 31March 2021 | 306,070 | 32,378 | 13,678 | 13,525 |
| Fixtures, | ||||
| Plant and | fittings | Motor | ||
| machinery | &equipment | vehicles | Totals | |
| 6 | ||||
| COST | ||||
| At 1 April 2021 | 15,238 | 113,110 | 21,255 | 611,317 |
| Additions | 11,500 | 11,500 | ||
| Disposais | (6,000) | (111,835) | ||
| At 31March 2022 | 15,238 | 113,110 | 26,755 | 510,982 |
| DEPRECIATION | ||||
| At 1 April 2021 | 14,092 | 95,095 | 10,146 | 215,396 |
| Charge for year | 286 | 2,702 | 2,900 | 12,994 |
| Eliminated on disposal |
(4,577) | (4,577) | ||
| At 31March 2022 | 14,378 | 97,797 | 8,469 | 223,813 |
| NET BOOKVALUE | ||||
| At 31March 2022 | 860 | 15,313 | 18,286 | 287,169 |
| At 31March 2021 | 1,146 | 18,015 | 11,109 | 395,921 |
| 13. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Sundry debtors and prepayments | 4,793 | 1,238 | |
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | ||
| Bank loans and overdrafts (see note 16) |
16,998 | 17,810 | |
| Other creditors | 14,476 | 6,383 | |
| 31,474 | 24,193 | ||
| 15. | CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN ONE YEAR | ||
| 2022 | 2021 | ||
| 185,314 | 189,651 | ||
| 16. | LOANS | ||
| An analysis ofthe maturity ofloans is given below: | |||
| 2022 | 2021 | ||
| Amounts falling due within one year on demand: |
|||
| Bank loans | 16,998 | 17,810 | |
| Amounts falling between one and two years: |
|||
| Bank loans - 1-2years | 16,996 | 17,810 | |
| Amounts falling due between two and five years: |
|||
| Bank loans - 2-5 years | 50,990 | 53,432 | |
| Amounts falling due in more than five years: |
|||
| Repayable by instalments: |
|||
| Bank loans more 5yr by instal | 117,328 | 118,409 |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At I/4/21 | in funds | funds | 31/3/22 | |
| Unrestricted funds |
||||
| General fund | 23,197 | (5,714) | (4,933) | 12,550 |
| DARE (formally Care Project) | (152) | 152 | ||
| ARC Homes Donations | 13,241 | 794 | 14,035 | |
| Community Development Fund |
43 | 43 | ||
| Lloyds Bank Foundation | 25,000 | 25,000 | ||
| ARC Homes Accomodation | 80,208 | 24,521 | (450) | 104,279 |
| Marketing Video - Design fund |
668 | 668 | ||
| 116,689 | 45,117 | (5,231) | 156,575 | |
| Restricted funds | ||||
| Substance Misuse Action Fund- | ||||
| Leasehold Property and Equipment (*) |
41,078 | (5,657) | 35,421 | |
| BigLottery Fund - Leasehold Property | ||||
| Improvements (*) |
3,496 | (511) | 2,985 | |
| UK Steel Ltd - Computer Equipment (") |
131 | (20) | 111 | |
| Welsh Government -Various Equipment |
||||
| (*) | 1,298 | (195) | 1,103 | |
| Community Development Fund - Various |
||||
| Equipment (*) | 560 | (91) | 469 | |
| BigLottery Fund -Various Equipment (*) | 957 | (143) | 814 | |
| Co-op Community Fund - Pool Table (*) |
74 | (11) | 63 | |
| Lloyds TSB - Various Equipment (*) | 61 | (9) | 52 | |
| BigLottery D.R.A.W -Various Equipment | ||||
| (*) | 3,827 | (574) | 3,253 | |
| SMAF Capital Funding - Leasehold | ||||
| Property Improvments and Fixtues and |
||||
| Fittings (*) | 7,306 | (783) | 6,523 | |
| CFAP Capital Funding - The Neville Arms | ||||
| (') | 102,310 | (268) | 102,042 | |
| Awards For All - Various equipment (*) | 10,729 | 9,761 | 20,490 | |
| National Lottery Community Fund |
173 | 173 | ||
| Darldey Trust | 4,504 | 450 | 4,954 | |
| Antonio Calucio Foundation | 5,993 | (1,513) | 4,480 | |
| CAF | 3,106 | (3,106) | ||
| Third Sector Resilience Fund for Wales | ||||
| Phase 2 | 66,452 | (65,110) | 4,781 | 6,123 |
| Third Sector Resilience Fund 3 | 36,165 | 36,165 | ||
| 247,378 | (27,388) | 5,231 | 225,221 | |
| TOTAL FUNDS | 364,067 | 17,729 | 381,796 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 4,375 | (10,089) | (5,714) |
| DARE (formally Care Project) | (152) | (152) | |
| ARC Homes Donations | 794 | 794 | |
| Lloyds Bank Foundation | 25,000 | 25,000 | |
| ARC Homes Accomodation | 199,850 | (175,329) | 24,521 |
| Marketing Video - Design fund |
1,174 | (506) | 668 |
| 231,193 | (186,076) | 45,117 | |
| Restricted funds | |||
| Substance Misuse Action Fund- | |||
| Leasehold Property and Equipment (*) | (5,657) | (5,657) | |
| BigLottery Fund - Leasehold Property | |||
| Improvements (e) |
(511) | (511) | |
| UK Steel Ltd - Computer Equipment (*) |
(20) | (20) | |
| Welsh Government -Various Equipment |
|||
| (*) | (195) | (195) | |
| Community Development Fund - Various |
|||
| Equipment (*), | (91) | (91) | |
| BigLottery Fund - Various Equipment (*) | (143) | (143) | |
| Co-op Community Fund - Pool Table (*) |
(11) | (11) | |
| Lloyds TSB- Various Equipment (*) | (9) | (9) | |
| BigLottery D.R.A.W - Various Equipment | |||
| (*) | (574) | (574) | |
| SMAF Capital Funding - Leasehold | |||
| Property Improvments and Fixtues and |
|||
| Fittings (*) | (783) | (783) | |
| CFAP Capital Funding -The Neville Arms |
|||
| (*) | (268) | (268) | |
| Awards For All - Various equipment (') | 9,870 | (109) | 9,761 |
| National Lottery Community Fund |
173 | 173 | |
| Darkley Trust | 4,954 | (450) | 4,504 |
| Antonio Calucio Foundation | (1,513) | (1,513) | |
| CAF | (3,106) | (3,106) | |
| Moondance | 1,800 | (1,800) | |
| Third Sector Resilience Fund for Wales | |||
| Phase 2 | 12,461 | (77,571) | (65,110) |
| Third Sector Resilience Fund 3 | 36,165 | 36,165 | |
| 64,982 | (92,370) | (27,388) | |
| TOTAL FUNDS | 296,175 | (278,446) | 17,729 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1/4/20 | in funds | funds | 31/3/21 | ||
| Unrestricted funds |
|||||
| General fund | 40,009 | (10,699) | (6,113) | 23,197 | |
| DARE (formally Care Project) | (11,451) | 11,451 | |||
| ARC Homes Donations | 12,347 | 894 | 13,241 | ||
| Community Development Fund |
43 | 43 | |||
| ARC Homes Accomodation | 49,428 | 30,780 | 80,208 | ||
| Edward Gostlin foundation Grant |
8,000 | (8,000) | |||
| 101,827 | 17,524 | (2,662) | 116,689 | ||
| Restricted funds | |||||
| Substance Misuse Action Fund- | |||||
| Leasehold Property and Equipment (*) | 43,863 | (5,730) | 2,945 | 41,078 | |
| BigLottery Fund - Leasehold | Property | ||||
| Improvements (") |
4,007 | (511) | 3,496 | ||
| UK Steel Ltd - Computer Equipment (*) |
154 | (23) | 131 | ||
| Welsh Government -Various |
Equipment | ||||
| (*) | 1,527 | (229) | 1,298 | ||
| Community Development Fund - Various |
|||||
| Equipment (*) | 667 | (107) | 560 | ||
| BigLottery Fund - Various Equipment (*) | 1,126 | (169) | 957 | ||
| Co-op Community Fund - Pool Table (*) |
87 | (13) | 74 | ||
| Lloyds TSB - Various Equipment (*) | 72 | (11) | 61 | ||
| BigLottery D.R.A.W - Various Equipment (') |
4,502 | (675) | 3,827 | ||
| SMAF Capital Funding - Leasehold | |||||
| Property Improvments snd Fixtues and |
|||||
| Fittings (s) | 8,152 | (846) | 7,306 | ||
| CFAP Capital Funding - The | Neville Arms | ||||
| (*) | 102,310 | 102,310 | |||
| Awards For All - Various equipment (*) | 858 | 9,871 | 10,729 | ||
| CSP SMAF Tier4 Residential | Rehab | (648) | 648 | ||
| National Lottery Community | Fund | 8,138 | (9,031) | 893 | |
| Daridey Trust | 1,818 | (1,818) | |||
| Antonio Calucio Foundation | 5,993 | 5,993 | |||
| CAF | 3,106 | 3,106 | |||
| Third Sector Resilience Fund | for Wales | ||||
| Phase I | 18,437 | (18,437) | |||
| Third Sector Resilience Fund | for Wales | ||||
| Phase 2 | 49,839 | 16,613 | 66,452 | ||
| 177,281 | 67,435 | 2,662 | 247,378 |
| 17. | MOVEMENT IN FUNDS - continued | |||
|---|---|---|---|---|
| TOTAL FUNDS | 279,108 | 84,959 | 364,067 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| 6 | 6 | |||||
| Unrestricted funds |
||||||
| General fund | 13,516 | (24,215) | (10,699) | |||
| DARE (formally Care Project) | 775 | (12,226) | (11,451) | |||
| ARC Homes Donations | 894 | 894 | ||||
| ARC Homes Accomodation | 214,697 | (183,917) | 30,780 | |||
| Edward Gostlin foundation | Grant | 8,000 | 8,000 | |||
| 237,882 | (220,358) | 17,524 | ||||
| Restricted funds | ||||||
| Substance Misuse Action Fund- | ||||||
| Leasehold Property and Equipment (*) | (5,730) | (5,730) | ||||
| BigLottery Fund - Leasehold | Property | |||||
| Improvements (*) |
(511) | (511) | ||||
| UK Steel Ltd - Computer Equipment (*) |
(23) | (23) | ||||
| Welsh Government -Various |
Equipment | |||||
| (*) | (229) | (229) | ||||
| Community Development Fund - Various |
||||||
| Equipment (*) | (107) | (107) | ||||
| BigLottery Fund - Various | Equipment (*) | (169) | (169) | |||
| Co-op Community Fund - Pool |
Table (a) | (13) | (13) | |||
| Lloyds TSB - Various Equipment (*) | (11) | (11) | ||||
| BigLottery D.R.A.W - Various | Equipment | |||||
| (") | (675) | (675) | ||||
| SMAF Capital Funding - Leasehold | ||||||
| Property Improvments and Fixtues and |
||||||
| Fittings (*) | (846) | (846) | ||||
| Awards For All - Various equipment (*) | 10,000 | (129) | 9,871 | |||
| CSP SMAF Tier 4 Residential | Rehab | (648) | (648) | |||
| Community Foundation in Wales |
780 | (780) | ||||
| National Lottery Community | Fund | 36,068 | (45,099) | (9,031) | ||
| Darkley Trust | (1,818) | (1,818) | ||||
| Antonio Calucio Foundation | 6,300 | (307) | 5,993 | |||
| Bernard Sunley | 5,000 | (5,000) | ||||
| CAF | 7,300 | (4,194) | 3,106 | |||
| Clothworkers Foundations |
4,485 | (4,485) | ||||
| Groundwork UK |
500 | (500) | ||||
| Leathersellers | 1,666 | (1,666) | ||||
| Moondance | 1,000 | (1,000) | ||||
| Western Power | 750 | (750) | ||||
| Oakdale Trust | 1,000 | (1,000) | ||||
| BigLottery Fund - Various | Equipment (*) | 7,700 | (7,700) |
| MOVEMENT IN FUNDS - continued | |||
|---|---|---|---|
| Third Sector Resilience Fund for Wales | |||
| Phase I | 18,437 | 18,437 | |
| Third Sector Resilience Fund for Wales | |||
| Phase 2 | 49,839 | 49,839 | |
| 150,177 | (82,742) | 67,435 | |
| TOTAL FUNDS | 388,059 | (303,100) | 84,959 |
| Restricted Funds |