Company registration number: 05341966 Charity registration number: 1108208
## Accessibility Powys Ltd
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2022
## **Accessibility Powys Ltd**
**Contents** Trustees' Report 1 to 6 Independent Examiner's Report 7 Statement of Financial Activities 8 Balance Sheet 9 Notes to the Financial Statements 10 to 19
## **Accessibility Powys Ltd**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2022.
## **Objectives and activities**
## _**Objects and aims**_
The Charity’s objectives are to relieve the needs of disabled people, in particular, but not exclusively, through the provision of information, training and advice. Accessibility Powys does this through casework and advocacy, facilitation of disabled people’s Access Groups and though its digital inclusion project. Support, information, training and advice may be offered to disabled people and their families and to the businesses and organisations that work with and/or provide services to them.
## _**Objectives, strategies and activities**_
In this Financial Period, Accessibility Powys (“the Charity”) continued to adapt and develop in response to the needs of disabled people, including those continuing to arise from the ongoing Covid 19 pandemic.
The need for technology has continued to rise and the charity’s digital inclusion project has developed to provide an essential service to the most vulnerable in our society. Within this the charity has worked in close partnership with Powys Libraries Service to offer a device loan scheme, including the provision of data, with ongoing help and support to get online successfully. This project has been funded in part through a Powys Supporting People grant and UK CRF and has been enhanced by a grant from The National Lottery, this providing funding to continue the project through the next financial year. The project has been consistently oversubscribed with an average of 85 people supported a month but agile working and the aforementioned partnership with the library service the charity has been able to meet demand thus far.
Access groups are groups of volunteers who are affected by disabilities, either personally or within their networks, and who come together to examine the accessibility of community resources and to make recommendations to improve that accessibility. Access groups have largely remained in abeyance due to Covid restrictions, but we are developing plans to reinstate these across Powys as soon as possible, notwithstanding the ongoing impact of Covid on our beneficiaries and the need to attract funding in order to support these groups as they need.
We have continued to undertake case work & informal / non-statutory advocacy, working alongside disabled people and service providers to address situations where people are not receiving the support and services they need. Our casework includes work with beneficiaries who have particularly complex needs &/or are struggling to access the services they need. The work ranged from work around education services, housing, social care needs, medical needs, financial needs, social isolation. This has included intensive work to stabilise and move on some complex cases enabling the individuals to be heard and live as independent and fulfilled lives as possible. This work has been funded in part through a Powys Supporting People grant and in part by grants from Moondance and the National Emergencies DPO Covid Emergency Fund.
A grant from PAVO enabled us to offer BSL classes and drop ins to third sector partners. Whilst the classes were aimed at staff, volunteers and beneficiaries of third sector organisations there were a number of spaces that it was possible to offer to some individuals who did not strictly fit this category. Attendees ranged from a ten-year-old who has a deaf cousin and attended with her parents, to a teacher keen to use the learning in a mainstream classroom, individuals who were themselves hard of hearing and charity workers who wanted to use their learning in the workplace.
We would like to thank all those who have who have supported us financially and though partnerships enabling us to fulfil our charitable aims. We look forward to their continued support and welcome new opportunities to continue to strengthen the charity and its offer.
Page 1
## **Accessibility Powys Ltd**
## **Trustees' Report**
## _**Public benefit**_
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Financial review**
## _**Policy on reserves**_
It is the policy and aim of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which is approximately six months unrestricted expenditure, which equates to approximately £71,000. This provides sufficient funds to cover management and administration and support costs. At the balance sheet date, the free reserves amounted to £73,101.
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
Over the next year as we move out of the pandemic we hope to move to a “new normal” and establish a model of working that recognises the huge impact of Covid on disabled people, many of whom lost their lives and many of whom have become more isolated and are still trapped in their own homes.
We are keen, to undertake some organisational development to establish this “new normal”, to strengthen our board and to build the infrastructure needed for the organisation to best meet the access needs of disabled people across Powys.
We will continue with our digital inclusion work, hope to re-establish the Access Groups, and to continue with our casework and advocacy. We are also keen to remain agile and to meet unmet need particularly around social isolation, hot meals services in some parts of the county, and inclusion activities such as volunteering and supported volunteering. We will also continue to work to better understand what matters to disabled people and what are the barriers.
The small size of the team and the limited funding we receive is acknowledged as a key risk to the Charity and as such we will seek to secure additional funding with a view to building the infrastructure required to take the organisation forward and to build upon our existing offer
Page 2
## **Accessibility Powys Ltd**
## **Trustees' Report**
## **Reference and Administrative Details**
|Charity Registration Number:|1108208|
|---|---|
|Company Registration Number:|05341966|
||The charity is incorporated in Wales.|
|Registered Office:|Centre Celf|
||Tremont Road|
||Llandrindod Wells|
||LD1 5EB|
|Independent Examiner:|Mitchell Meredith Limited|
||Chartered Accountants|
||St Davids House|
||48 Free Street|
||Brecon|
||Powys|
||LD3 7BN|
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
|Trustees:|A Drew|
|---|---|
||T L Sharp|
||J H Davies (appointed 21 November 2022)|
||A Jones (appointed 27 July 2022)|
## **Structure, governance and management**
## _**Nature of governing document**_
Accessibility Powys is a registered charity and a company limited by guarantee. The maximum liability of each member is limited to 1 pound. Accessibility Powys is governed by its Memorandum and Articles of Association.
Accessibility Powys was incorporated as a Company Limited by Guarantee on 25 January 2005. The Charity commenced operations in 2005.
## _**Recruitment and appointment of trustees**_
Trustees, who are also Directors of the Company, are recruited from the community and appointed by the board of trustees. As a Disabled Person’s Organisation (that is an organisation that is controlled by people with disability) at least 51% of the board must be people with a disability
Page 3
## **Accessibility Powys Ltd**
## **Trustees' Report**
## _**Induction and training of trustees**_
Newly appointed Trustees are provided with an induction to Accessibility Powys and to the requirements and responsibilities of being a trustee.
## _**Organisational structure**_
Accessibility Powys is governed by its Trustee Board which is responsible for setting the strategic direction of the organisation and the policy of the Charity. The Trustees carry the ultimate responsibility for the conduct of Accessibility Powys and for ensuring that the charity satisfies its legal and contractual obligations. Trustees meet as a minimum quarterly and delegate the day-to-day operation of the organisation to senior management.
## **Relationships with related parties**
The Charity co-operates and liaises with a number of other services, local charities and social services departments on behalf of clients. Where one of the trustees holds the position of trustee/director of another charity they may be involved in discussions regarding that other charity but not in the ultimate decision-making process.
## _**Major risks and management of those risks**_
Accessibility Powys has a risk management strategy and risk register agreed by the Trustee Board to monitor and mitigate risk. The charity also holds relevant insurance policies.
Page 4
## **Accessibility Powys Ltd**
## **Trustees' Report**
## **Financial instruments**
## _**Objectives and policies**_
The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.
## _**Cash flow risk**_
The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.
Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.
## _**Credit risk**_
The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.
The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.
## _**Liquidity risk**_
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Accessibility Powys Ltd for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
Page 5
## **Accessibility Powys Ltd**
## **Trustees' Report**
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the trustees of the charity on 10 January 2023 and signed on its behalf by:
J H Davies Trustee
Page 6
## **Accessibility Powys Ltd**
## **Independent Examiner's Report to the trustees of Accessibility Powys Ltd ("the Company")**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of Accessibility Powys Ltd are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of Accessibility Powys Ltd as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
M L Barnes FCA FCCA Chartered Accountants Mitchell Meredith Limited St Davids House 48 Free Street Brecon Powys LD3 7BN
10 January 2023
Page 7
## **Accessibility Powys Ltd**
## **Statement of Financial Activities for the Year Ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Investment income
5
Total Income
**Expenditure on:**
Charitable activities
6
Total Expenditure
Net income
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
15|**Unrestricted**
**£**
8,212
1
8,213
(6,190)
(6,190)
2,023
23,037
25,060
48,041
73,101|**Restricted**
**£**
169,223
-
169,223
(137,061)
(137,061)
32,162
(23,037)
9,125
27,353
36,478|**Total**
**2022**
**£**
177,435
1
177,436
(143,251)
(143,251)
34,185
-
34,185
75,394
109,579|**Total**
**2021**
**£**
132,914
17|
|---|---|---|---|---|
|||||132,931|
|||||(117,268)|
|||||(117,268)|
|||||15,663
-|
|||||15,663
59,731|
|||||75,394|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 15.
The notes on pages 10 to 19 form an integral part of these financial statements. Page 8
## **Accessibility Powys Ltd**
## **(Registration number: 05341966) Balance Sheet as at 31 March 2022**
|**Note**
**Current assets**
Debtors
13
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
14
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
15
**Unrestricted income funds**
Unrestricted funds
**Total funds**
15|**2022**
**£**
15,125
104,252
119,377
(9,798)
109,579
36,478
73,101
109,579|**2021**
**£**
54,779
49,708|
|---|---|---|
|||104,487
(29,093)|
|||75,394|
|||27,353
48,041|
|||75,394|
For the financial year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 8 to 19 were approved by the trustees, and authorised for issue on 10 January 2023 and signed on their behalf by:
J H Davies Trustee
The notes on pages 10 to 19 form an integral part of these financial statements. Page 9
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **1 Charity status**
The charity is limited by guarantee, incorporated in Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: Centre Celf Tremont Road Llandrindod Wells LD1 5EB
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Accessibility Powys Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Page 10
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Page 11
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Page 12
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **3 Income from donations and legacies**
|Donations
Grants|**Unrestricted**
**funds**
**General**
**£**
2,982
5,230
8,212|**Restricted**
**funds**
**£**
-
169,223
169,223|**Total**
**2022**
**£**
2,982
174,453
177,435|**Total**
**2021**
**£**
2,577
130,337|
|---|---|---|---|---|
|||||132,914|
## **4 Grants**
|**Unrestricted**
**Funds**
**£**
Powys County Council
Welsh Assembly Government Integrated
Care Fund
-
Moondance Foundation
-
PAVO Powys Voluntary
-
Powys CAB
-
Community Foundation Wales
-
Powys Voluntary
-
The National Emergencies Trust, DPO
-
Credu
1,330
Beacons Music Trust
3,900
National Lottery Community Fund
-
5,230|**Restricted**
**Funds**
**£**
71,803
-
24,460
8,709
-
-
-
9,981
-
-
54,270
169,223|**Total Funds**
**2022**
**£**
72,720
-
24,460
8,709
-
-
-
9,981
1,330
3,900
54,270
174,453|**Total Funds**
**2021**
**£**
59,500
38,000
2,212
2,403
5,000
5,000
750
14,945
2,500
-
-
130,337|
|---|---|---|---|
## **5 Investment income**
|Interest receivable on bank deposits|**Unrestricted**
**funds**
**£**
1|**Total**
**2022**
**£**
1|**Total**
**2021**
**£**
17|
|---|---|---|---|
Page 13
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **6 Expenditure on charitable activities**
|**Note**
Direct costs
Staff costs
Allocated support
costs
7
Governance costs
7|**Unrestricted**
**funds**
**General**
**£**
-
-
4,510
1,680
6,190|**Restricted**
**funds**
**£**
38,354
82,135
16,572
-
137,061|**Total**
**2022**
**£**
38,354
82,135
21,082
1,680
143,251|**Total**
**2021**
**£**
65,546
33,867
14,713
1,680|
|---|---|---|---|---|
|||||115,806|
## **7 Analysis of governance and support costs**
## **Governance costs**
|Independent examiner fees|**Unrestricted**
**funds**
**£**
1,680
1,680|**Total**
**2022**
**£**
1,680
1,680|**Total**
**2021**
**£**
1,680|
|---|---|---|---|
||||1,680|
Page 14
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **Analysis of support costs**
|Establishment costs
Office expenses
Printing, postage and stationery
Sundry costs
Travel and subsistence
Training
Advertising
Accountancy
Computer and website costs
Bank charges and Interest
Professional fees|**Charitable**
**Activity**
**£**
10,188
1,521
136
101
4,116
749
-
328
1,160
75
2,708
21,082|**Total**
**2022**
**£**
10,188
1,521
136
101
4,116
749
-
328
1,160
75
2,708
21,082|**Total**
**2021**
**£**
1,232
1,926
25
13
965
480
180
1,954
5,829
109
1,800|
|---|---|---|---|
||||14,713|
## **8 Staff costs**
The aggregate payroll costs were as follows:
|The aggregate payroll costs were as follows:|||
|---|---|---|
|**Staff costs during the year were:**
Wages and salaries
Pension costs|**2022**
**£**
80,045
2,090
82,135|**2021**
**£**
32,912
955|
|||33,867|
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
|Average staff numbers|**2022**
**No**
4|**2021**
**No**
2|
|---|---|---|
4 (2021 - 2) of the above employees participated in the Defined Contribution Pension Schemes.
Page 15
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £40,407 (2021 - £30,342).
The chief executive officer, as the highest paid member of staff, received benefits totalling £40,407 (2021 - £30,342).
## **9 Pension and other schemes**
## **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £2,090 (2021 - £955).
## **10 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses from the charity during the year.
## **11 Independent examiner's remuneration**
|Examination of the financial statements|**2022**
**£**
1,680|**2021**
**£**
1,680|
|---|---|---|
## **12 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **13 Debtors**
|Trade debtors
Prepayments|**2022**
**£**
-
15,125
15,125|**2021**
**£**
39,800
14,979|
|---|---|---|
|||54,779|
Page 16
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **14 Creditors: amounts falling due within one year**
|Trade creditors
Other taxation and social security
Other creditors
Accruals and Income in advance
**15 Funds**
**Unrestricted funds**
**_General_**
General Funds
**Restricted funds**
Powys Digital Project
Sports Powys Community Chest
PAVO
Data Project
The National Emergencies DPO
Covid Emergency Fund
Powys CC UK CRF Digital Hub
Powys CC Housing Support
Grant
National Lottery Community
Fund
Moondance Foundation
**Total restricted funds**
**Total funds**|**Balance at**
**1 April**
**2021**
**£**
48,041
15,626
1,270
-
192
10,265
-
-
-
-
27,353
75,394|**Incoming**
**resources**
**£**
8,213
-
-
8,709
-
9,981
3,803
68,000
54,270
24,460
169,223
177,436|**2022**
**£**
5,991
1,251
705
1,851
9,798
**Resources**
**expended**
**£**
**Transfers**
**£**
(6,190)
23,037
-
(15,626)
-
-
(8,709)
-
(37)
-
(12,835)
(7,411)
(2,161)
-
(68,000)
-
(20,859)
-
(24,460)
-
(137,061)
(23,037)
(143,251)
-||**2021**
**£**
28,693
-
-
400|
|---|---|---|---|---|---|
||||||29,093|
||||||**Balance at**
**31 March**
**2022**
**£**
73,101
-
1,270
-
155
-
1,642
-
33,411
-|
||||||36,478|
||||||109,579|
Page 17
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
|**Unrestricted funds**
**_General_**
General Funds
**Restricted**
Powys Digital Project
Sports Powys Community
Chest
PAVO
Data Project
The National Emergencies
DPO Covid Emergency
Fund
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2020**
**£**
53,524
4,937
1,270
-
-
-
6,207
59,731|**Incoming**
**resources**
**£**
12,044
59,500
-
750
192
14,944
75,386
87,430|**Resources**
**expended**
**£**
(21,844)
(45,194)
-
(750)
-
(4,679)
(50,623)
(72,467)|**Transfers**
**£**
4,317
(3,617)
-
-
-
-
(3,617)
700|**Balance at**
**31 March**
**2021**
**£**
48,041
15,626
1,270
-
192
10,265|
|---|---|---|---|---|---|
||||||27,353|
||||||75,394|
Page 18
## **Accessibility Powys Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
The specific purposes for which the funds are to be applied are as follows:
Powys Digital Project - Funding for the purchase of digital equipment to facilitate communication with and between people with disabilities.
Welsh Assembly Government Integrated Care Fundf - Funding for staffing, resources and overheads for the period to 31.12.21.
Powys County Council – Supporting People.
Sports Powys Community Chest - Funding to organise walking football sessions in Brecon for people with disabilities, including the cost of coaching and equipment, funding has been rolled over until it is safe to operate such sessions in the light of Covid19 restrictions.
Powys Voluntary - Emergency response funding towards any costs incurred due to the Covid 19 Pandemic.
National Lottery represents funding towards the digital inclusion project.
PAVO Social Value Forum Development Fund - funding towards staff costs, overheads and training.
Data Project - Towards data for clients.
A* Disability Action - Funding towards salaries, equipment, travel, phone and consumables for providing support to the Powys disabled community and increase capacity and flexibility across the week.
The National Emergencies DPO Covid 19 emergency fund provides funding towards operating and additional support costs.
Credu - Funding towards the Connected Generations Project.
Moondance - provides funding towards providing a 1 to 1 support servcie for those who have been shielding and struggling to adjust to the new normal. The funding covers volunteer expenses and rent and overheads for the hub office in Brecon.
## **16 Analysis of net assets between funds**
|**16 Analysis of net assets between funds**||||
|---|---|---|---|
|Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
82,899
(9,798)
73,101|**Restricted**
**funds**
**£**
36,478
-
36,478|**Total funds at**
**31 March**
**2022**
**£**
119,377
(9,798)|
||||109,579|
Page 19