##
|||Page||
|---|---|---|---|
|Report ofthe Trustees.|1|to|11|
|Report ofthe Independent
Auditors|12|to|13|
|Statement of Financial Activities||14||
|Statement of Financial Position||15||
|Statement ofCash Flows
.||.16||
|Notes to the Statement ofCash Flows||||
|Notes tothe Financial Statements|18|to|30|
##
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##
|Registered
Charity number
1110453|||
|---|---|---|
|Registered office|||
|The Wellbeing
Centre Canal-Y-Bryn|||
|Heol Tai Mawr|||
|Merthyr
Tydfil|||
|CF48 1ND|||
|Trustees|||
|Miss A Howe Law Student|||
|Mrs S Northall
Civil Servant|||
|Mrs MJ Owen Director|||
|Auditors|||
|FCA|||
|James de Frise Limited|||
|Chartered
Accountants|||
|Statutory
Auditors|||
|Llanover House|||
|Llanover Road|||
|Pontypridd|||
|Rhondda
Cynon Taff|||
|CF374DY|||
|Bankers|||
|Lloyds Bank Pic|||
|Merthyr Branch|||
|69 High Street|||
|MERTHYR TYDFIL|||
|CF47 8UH|||
|Solicitors|||
|Geldards|||
|Dumfries
House|||
|Dumkies Place|||
|Cardiff|||
|CF103ZF|||
|Key and senior staff|||
|Colette Watkins and Helen Buhaenko|- Managem ofthe Gellideg Foundation|Group.|
|Arnanda
Jenkins - Finance Manager|||
|Michelle Roberts - Youth Programme|Manager||
##
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##
##
##
##
##
|||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||Notes||F|F|6|2|
|INCOME AND ENDOWMENTS|FROM||'|||||
|Donations
and legacies||2||61,631|248,598|310,229|534,095|
|Other trading
activities||||31,582||31,582|24,792|
|Total||||93,213|248,598|341,811|558,887|
|EXPENDITURE ON
Raising funds||4||5,698|8,214,|13,912|32,566|
|Charitable
activities||5||||||
|General||||144,698|283,519|428,217|318,002|
|Total||||150,396|291,733|442,129|350,568|
|NET INCOME/(EXPENDITURE)||||(57,183)|(43,135)|(100,318)|208,319|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought forward||||322,073|3,523,697|3,845,770|3,637,451|
|TOTAL FUNDS CARRIED FORWARD||||264,890|3,480,562|3,745,452|3,845,770|
##
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|funds
F|funds
F|funds
f|funds
f|
|FIXEDASSETS||||||
|Tangible assets|||3,200,855|3,200,855|3,153,694|
|CURRENT ASSETS||||||
|Debtors|12|26,926|48,300 .|75,226|123,030|
|Cash at bank||246,921|231,408|478,329|587,937|
|||273,847|279,708|553,555|710,967|
|CREDITORS||||||
|Amounts
falling due within one year|13|(8,958)||(8,958)|(18,891)|
|NET CURRENT ASSETS||264,889|279,708|544,597|692,076|
|TOTAL ASSETSLESSCURRENT|LIABILITIES,|264,889|3,480,563|3,745,452|3,845,770|
|NET ASSETS||264,889|3,480,563|3,745,452|3,845,770|
|FUNDS|14|||||
|Unrestricted
funds||||264,889|322,073|
|Restricted
funds||||3,480,563|3,523,697|
|TOTALFUNDS||||3,745,452|3,845,770|
##
|||8
temant ofC
f rthe Year Ended|ash Flows
31 March 2022||
|---|---|---|---|---|
|||Notes|31.3.22
f|31.3.21
'9|
|Cash, flows from opemtlng
activities
Cash generated
from operations|||7,403|232;730|
|Net cash provided
by operating
activities|||7,403|232,730|
|Cash flows from investing|activities||||
|Purchase
oftangible fixed assets|||(117,011)|(27,008)|
|Sale oftangible fixed assets||||37,000|
|Net cash (used in)/provided|by investing|activities|(117,011)|9,992|
|Change in cash and cash
the reporting
period|equivalents|in|(109,608)|242,722|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period||587,937|345,215|
|Cash and cash equivalents
the reporting
period|at the end|of|478,329|587,937|
##
##
##
||||31.3.22|31.3.21|
|---|---|---|---|---|
||||6|6|
|Net (expenditure)/income
forthe reporting||pediod (as per the|||
|Statement ofFinancial Activities)|||(100,318)|208,319|
|Adjustments
for:.|||||
|Depreciation
charges|||69,850|5,880|
|Profit on disposal of|fixed assets|||(7,950)|
|Decrease
in debtors|||4?,804|22,976|
|(Decrease)/increase|in creditors||(9,933)|3,505|
|Net cash provided|by operations||7,403|232,730|
##
|ANALYSIS OF CHANGES
IN NET FUN|DS|||
|---|---|---|---|
||At 1.4.21|Cash fiow|At 31.3.22|
||f|F|6|
|Net cash||||
|Cash at bank|587,937|(109,608)|478,329|
||587,937|(109i608)|478,329|
|Total|587,937|(109,608)|478,329|
##
##
##
##
##
##
##
##
##
##
|DONATIONS
AND LEGACIES|||
|---|---|---|
||31.3.22|31.3.21|
||K||
|Donations|130|860|
|Grants|310,099|533,235|
||310,229|534,095|
##
##
|Grants|received, include|d
in the abo|ve, are as follows:|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.3.22|31.3.21|
|||||||||E|6|
|Merthyr|Tydfil CBC||Youth Legacy Fund|SLA||||75,000|77,500|
|Voluntary
Action Merthyr||Tydfil|ICFTransformation|Programme|||||5,000|
|Wales|Council for Voluntary
Action||Third Sector Resilience||||||15,000|
|Wales|Council for Voluntary
Action||VSEF small grants||||||59,399|
|Merthyr|Valley Homes||Green spaces SLA||||||34,299|
|Merthyr|Valley Homes||Holiday Hunger||||||4,125|
|Merthyr|Valley Homes||Wefibeing|||||5,000|20,000|
|Merthyr|Valley Homes||Covid-19 Grants||||||5,000|
|Mierthyr|Valley Homes||IT Support|||||7,680||
||||Community
Foundation|||Wales|Covid|||
|Community
Foundation||Wales|grant||||||5,000|
||||Voluntary
Action Services emergency|||||||
|Voluntary
Action Merthyr||Tydfil|food||||||3,000|
|The Moondance
Foundation|||Moondance
Covid-19||Relief Fund|||8,400|10,000|
|Merthyr|Tydfil County Borough||Welsh Government|Rural Communities-||||||
|Council|||Leader 2014-2020||||||29,037|
|RDP||||||||21,735||
|Ffos Y|Fran|||||||500||
|FfosY|Fran 2|||||||5,000||
|South Wales Police and||Crime||||||||
|Commissioner's
Victims||Fund|Wefibeing Sessions|||||2,206||
|The National
Lottery Community||||||||||
|Fund|||People and Places|top|up fund||||39,556|
|The National
Lottery Community||||||||||
|Fund|||Awards for afi|||||10,000|10,000|
|The National
Lottery Community||||||||||
|Fund|||Climate Action Boost||||||20,000|
|Voluntary
Action Merthyr||Tydfil|Comic Relief Intergenerational||||project||1,000|
|Voluntary
Action Merthyr||Tydfil|Third Sector small capital grant||||||700|
|Voluntary
Action Merthyr||Tydfil|Self Isolation Support||||||5,000|
||||Welsh Government|Equjpment|||for|||
|Voluntary
Action Merthyr||Tydfil|volunteering||||||10,000|
|Voluntary
Action Merthyr||Tydfil|Coronavirus
Recovery||Grant||||8,200|
|Voluntary
Action Merthyr||Tydfil|ICF Winter Protection||Grant||||10,640|
|Voluntary
Action Merthyr||Tydfil|Welsh Government|Volunteering|||Grant||2,136|
|Voluntary
Action Merthyr||Tydfil|Integrating
Care Fund||for Dementia|||9,500||
|Voluntary
Action Merthyr||Tydfil|Loneliness
and Isolation|||||2,344||
|Voluntary
Action Merthyr||Tydfil|Wefibeing
for Staff|||||1,494||
|Voluntary
Action Merthyr||Tydfil|Winter Pressures|||||1,882||
|Merthyr|Tydfil Housing Assoc||Fit and Fed|||||375||
|Merthyr|Tydfil County Borough|||||||||
|Council|||Playwork
Capital Grant||||||1,350|
|Merthyr|Tydfil County Borough|||||||||
|Council|||Capital Food Poverty|||||6,475||
|Merthyr|Tydfil County Borough|||||||||
|Council|||Intergenerational
Outdoor Project|||||500||
|Merthyr|Tydfil County Borough|||||||||
|Council|||Match Winter Pressures|||||2,470||
|Merthyr|Tydfil County Borough|||||||||
|Council|||Play Provision|||||5,000||
|Merthyr|Tydfil County Borough|||||||||
|'Council|||Revenue
Food Poverty|||Grant||3,000||
|Merthyr|Tydfil County Borough|||||||||
|Council|||SETSCapital Grant|||||21,422||
|Merthyr|Tydfil County Borough|||||||||
|Council|||Youth Winter Wellbeing|||||4,500||
|Wales|Council for Voluntary
Action||VSRF Small Grants|VSEF024568|||||65,240|
|Rotary|Club ofMerthyr
Tydfil|||||||||
##
##
##
##
##
|DONATIONS
AND L|DONATIONS
AND L|EGACIES - con|EGACIES - con|tinued|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Merthyr
Tydfil County||Borough|||||||||||
|Council||||Street Games||||||||900|
|Merthyr
Tydfil County||Borough|||||||||||
|Council||||Street Games||||||||500|
|Merthyr
Tydfil County||Borough|||||||||||
|Council||||Covid-19 Rates Rebate||||||||28,000|
|The Edward|Gostling|Foundation||The Edward||Gostling||Foundation||||10,000|
|Groundwork|Tesco Bags||ofHelp|Covid-9 Community||||Fund||||500|
|Martin Lewis
Postcode Community||Trust||Martin Lewis||Coronavirus|||Charity|Fund|19,674|5,253|
|BBCChildren|in Need|||BBCCIN Top up||||||||5,000|
|BBCChildren|in Need|||Money Heroes Programme|||||||1,000||
|Merthyr
Tydft Housing||Association||Fit and Fed|Programme|||||||800|
|Clothworkers'|Foundation|||Capital Grant||||||||9,700|
|Neighbourly|Community||Fund|Neighbourly||Community|||Fund Grant|||400|
|Lloyds Bank|Foundation|||Lloyds foundation|||Covid||Recovery grant||25,000|25,000|
|T K Maxx|||||||||||500||
|Kick Start|||||||||||1,000||
|Merthyr Valley Homes|||||||||||40,000||
|Welsh Government||||Food Poverty||Grant|||||14,400||
|Welsh Government||||Household|goods||||||2,042||
|Western
Power Distribution||||Community|Matters||||||10,000|6,000|
|Youth Cymru|||||||||||2,000||
||||||||||||310,099|533,235|
|OTHER TRADING ACTIVITIES|||||||||||||
||||||||||||31.3.22
f|31.3zt
E|
|Other income|||||||||||31,582|24,792|
|RAISING FUNDS|||||||||||||
|Other trading|activities||||||||||||
||||||||||||31.3.22|31.3.21|
||||||||||||8||
|Purchases|||||||||||13,912|40,516|
|Loss on sale|ofassets|||||||||||(7,950)|
||||||||||||13,912|32,566|
|CHARITABLE ACTIVITIES COSTS|||||||||||||
||||||||||||Support||
|||||||||||Direct|costs (see||
|||||||||||Costs
6|note 6)
f|Totals
5|
|General|||||||||410,547||17,670|428,217|
##
##
##
##
##
##
##
##
|||31.3.22|31.3.21|
|---|---|---|---|
||||6|
|Gross|Wages|197,366|182,923|
|Social|Security|14,780|12,667|
|||212,146|195,590|
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|fundsf|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||117,088|417,007|534,095|
|Other trading
activities|||24,792||24,792|
|Total|||141,880|417,007|558,887|
|EXPENDITURE ON||||||
|Raising funds|||(7,950)|40,516|32,566|
|Charitable
activities||||||
|General|||8,304|309,698|318,002|
|Total||||350,214|350,568|
|NET INCOME|||141,526|66,793|208,319|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward||180,548|3,456,903|3,637,451|
##
##
##
##
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||E.|E|E|
|TOTAL FUNDS CARRIED FORWARD|||322,074|3,523,696|3,845,770|
|TANGIBLE FIXEDASSETS||||||
||||Asset|||
||Freehold|Short|under|Plant and||
||property|leasehold|Construction|machinery|Totals|
|||E|F|E|F|
|COST||||||
|At 1 April 2021|22,000|10,000|3,116,416|59,648|3,208,064|
|Additions|||117,011||117,011|
|Transfer to ownership|3,233,427||(3,233,427 )|||
|At 31 March 2022|3,255,427|10,000||59,648|3,325,075|
|DEPRECIATION||||||
|At 1 April 2021|2,549|1,700||50,121|54,370|
|Charge for year|64,969|200||4,881|69,850|
|At,31 March 2022|67,518|1,900||54,802|124,220|
|NET BOOKVALUE||||||
|At 31 March 2022|3,187,909|8,100||4,846|3,200,855|
|At 31 March 2021|19,451|8,300|3,116,416|9,527|3,153,694|
##
##
|DEBTORS:AMOUNTS
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|
||31.3.22
f|31.3.21
f|
|Trade debtors|75,226|123,030|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||31.3.22
f|31.3.21|
|Trade creditors||10,311|
|Accrued expenses|8,958|8,580|
||8,958|'t8,891|
##
##
##
##
##
|MOVEMENT|IN F|UNDS||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.4.21|in funds|31.3.22|
||||E|8||
|Unrestricted|funds|||||
|General fund|||322,073|(57,184)|264,889|
|Restricted funds||||||
|Wellbeing
Centre|||3,375,501|33,666|3,409,167|
|BBCChildren|in Need||67,035|(18,735)|48,300|
|Awards foi All|||8,214|1,786|10,000|
|Merthyr Youth|Service||1,222|(1,222)||
|WCVA Recovery|||43,629|(43,629)||
|Climate Action|Boost||20,000|(20,000)||
|The Clothworkers'||Foundation|8,096||8,096|
|Ffos Y Fran Grant||||5,900|5,000|
||||3,523,697|(43,134)|3,480,563|
|TOTALFUNDS|||3,845,770|(100,318)|3,745,452|
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||2||2|
|Unrestricted
funds|||||
|General
fund
T K Maxx - Community|Fund Foundation|92,713
500|(149,897)
(500)|(57,184)|
|Restricted funds||93,213|(150,397)|(57,184)|
|MVH Communal||10,000|(10,000)||
|Wellbeing
Centre|||33,666|33,666|
|BBCChildren
in Need
MTCBC Legacy Fund||1,000
75,000|(19,735)
(75,000)|(18,735)|
|VAMT (Dementia)||15,220|(15,220)||
|Cdme Commissioner's|Victims Fund|2,206|(2,206)||
|Awards for All||10,000|(8,214)|1,786|
|Merthyr
Youth Service
Moondance
Foundation||8,400|(1,222)
(8,400)|(1,222)|
|RDP||21,735|(21,735)||
|WCVA Recovery
Climate Action Boost
MTCBC Youth||(1)|(43,628)
(20,000)|(43,629)
(20,000)|
|||4,500|(4,500)||
|Merthy Tydfil Housing|Association - Fit and||||
|Fed Grant
.
MTCBC Play Provision
Postcode Community|Trust|375
5,000
19,674|(375)
(5,000)
(19,674)||
|Merthyr Valleys Home|ITSupport|7,680|(7,680)||
|Welsh Government
Food and Poverty|||||
|grant
SETSCapital Grant MTCBC||16,442
21,422|(16,442)
(21,422)||
|MTCBC Capital food poverty||9,475|(9,475)||
|Western
Power'Distribution
Ffos YFran Grant||10,000
5,500|(10,000)
(500)|5,900|
|Youth Cymru
MTCBC Match Winter|Pressures|2,000
2,970|(2,000)
(2,970)||
||||(291,732)|(43,134)|
|TOTAL FUNDS||341,811|(442,129)|(100,318)|
##
##
##
##
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.4.20|in funds|31.3.21|
|||||5|||
||Unrestricted
funds||||||
||General fund|||180,548|141,525|322,073|
||Restricted funds||||||
||Toddlers
@Coed-Y-Dderwen
The National
Lottery Community||Fund|1,105
4,806|(1,105)
(4,806)||
||Wellbeing
Centre
BBCChildren
in Need|||3,375,501
71,300|(4,265)|3,375,501
67,035|
||Crime Commissioneys|Victims Fund||663|(663)||
||Awards for All||||8,214|8,214|
||Meithyr
Youth Service
ICF Third Sector - Covid-19|||3,082
446|(1,860)
(446)|1,222|
||WCVA Recovery||||43.,629|43,629|
|.|Climate Action Boost||||20,000|20,000|
||The Clothworkers'
Foundation||||8,096|8,096|
|||||3,456,903|66,794|3,523,697|
||TOTAL FUNDS|||3,637,451|206,319|3,845,770|
##
##
##
|MOVEMENT
IN FUNDS -|continued|continued||||
|---|---|---|---|---|---|
|Comparative
net movement|in funds, included||in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||2|6|5|
|Unrestricted
funds||||||
|General
fund|||141,880|(355)|141,525|
|Restricted funds||||||
|Toddlers
@Coed-Y-Dderwen
The National
Lottery Community
BBCChildren
in Need||Fund|5,000|(1,105)
(4,806)
(9,265)|(1,105)
(4,806)
(4,265)|
|MTCBC Legacy Fund|||77,500|(77,500)||
|VAMT (Dementia)|||3,000|(3,000)||
|Crime Commissioner's
Victims Fund||||(663)|(663)|
|Awards for All
ICF Small Grant Scheme|||10,000
700|(1,786)
(700)|8,214|
|Merthyr Youth Service
ICF Third Sector - Covid-1 9||||(1,860)
(446)|(1,860)
(446)|
|National
Lottery Community|Fund||39,556|(39,556)||
|VAMT ICT Transformation
Programme
WCVA Third Sector Resilience
WVCA VSEF|||5,000
15,000
59,399|(5,000)
(15,000)
(59,399)||
|Community
Foundation
Wales
Moondance
Foundation|||5,000
10,000|(5,000)
(10,000)||
|Awards for All
RDP|||1,000
29,037|(1,000)
(29,037)||
|Youth Street Games|||500|(500)||
|WCVA Recovery|||65,240|(21,611)|43,629|
|VAMT Self Isolation|||5,000|(5,000)||
|Lloyds Bank Foundation|||24,999|(24,999)||
|Climate Action Boost|||20,000||20,000|
|VAMT Winter Protection|||10,640|(10,640)||
|VAMT Recovery and Equipment
The Clothworkers'
Foundation|||20,336
9,700|(20,336)
(1,604)|8,096|
|Naighbourly
Community
Fund|||400|(400)||
||||417,007|(350,213)|66,794|
|TOTAL FUNDS|||556,887|(350,568)|208,319|
##
##
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.4.20|in funds|31.3.22|
||||||6||
|Unrestricted. funds|||||||
|General fund||||180,548||264,889|
|Restricted funds|||||||
|Toddlers
@Coed-Y-Dderwen||||1,105|(1,105)||
|The National
Lottery Community|||Fund|4,806|(4,806)||
|Wellbeing
Centre||||3,375,501|33,666|3,409,167.|
|BBCChildren
in Need||||71,300|(23,000)|48,300|
|Crime Commissioner's||Victims Fund||663|(663)||
|Awards for All|||||10,000|10,000|
|Merthyr
Youth Service||||3,082|(3,082)||
|ICF Third Sector -|Covid-1 9|||446|(446)||
|The Clothworkers'|Foundation||||8,096|8,096|
|Ffos YFran Grant|||||5,000|5,000|
|||||3,456,903|23,660|3,480,563|
|TOTALFUNDS||||3,637,451|108,001|3,745,452|
##
##
##
##
|
as follows:|p|y
q|
n|uns,
ncue
|e v
|
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources
f|expended
f|in funds
f|
|Unrestricted
funds||||||
|General fund|||234,593|(150,252)||
|T K Maxx - Community
Fund|Foundation||500|(500)||
||||235,093|(150,752)|84,341|
|Restricted funds||||||
|Toddlers
@Coed-Y-Dderwen||||(1,105)|(1,105)|
|MVH Communal
The National
Lottery Community||Fund|10,000|(10,000)
(4,806)|(4,806)|
|Wellbeing
Centre
BBCChildren
in Need
'
MTCBC Legacy Fund|||6,000
152,500|33,666
(29,000)
(152,500)|33,666
(23,000)|
|VAMT (Dementia)|||18,220|(18,220)||
|Crime Commissioner's
Victims Fund
Awards for All|||2,206
20,000|(2,869)
(10,000)|(663)
10,000|
|ICF Small Grant Scheme|||700|(700)||
|Merthyr Youth Service
ICF Third Sector - Covid-19
National
Lottery Community|Fund||39,556|(3,082)
(446)
(39,556)|(3,082)
(446,)|
|VAMT ICT Transformation
Programme
WCVA Third Sector Resilience
WVCA VSEF|||5,000
15,000
59,399|(5,000)
(15,000)
(59,399)||
|Community
Foundation
Wales|||5,000|(5,000)||
|Moondance
Foundation|||18,400|(18,400)||
|Awards for All
RDP|||1,000
50,772|(1,000)
(50,772)||
|Youth Street Games|||500|(500)||
|WCVA Recovery
VAMT Self Isolation
Lloyds Bank Foundation|||65,239
5,000
24,999|(65,239)
(5,000)
(24,999)||
|Climate Action Boost|||20,000|(20,000)||
|VAMT Winter Protection|||10,640|(10,640)||
|VAMT Recovery and Equipment
The Clothworkers'
Foundation|||20,336
9,700|(20,336)
(1,604)|8,096|
|Neighbourly
Community
Fund|||400|(400)||
|MTCBC Youth||||||
||||4,500|(4,500)||
|Merthy Tydfil Housing
Association||- Fit and||||
|Fed Grant|||375|(375)||
|MTCBC Play Provision
Postcode Community
Trust|||5,000
19,674|(5,000)
(19,674)||
|Merthyr Valleys Home IT Support
Welsh Government
Food and Poverty|||7,680|(7,680)||
|grant
SETSCapital Grant MTCBC|||16,442
21,422|(16,442)
(21,422)||
|MTCBC Capital food poverty|||9,475|(9,475)||
|Western
Power Distribution
Ffos Y Fran Grant|||10,000
5,500|(10,000)
(500)|5,000|
|Youth Cymru|||2,000|(2,000)||
|MTCBC Match Winter Pressures|||2,970|(2,970)||
||||665,605|(641,945)|23,660|
|TOTAL FUNDS|||900,698|(792,697)|108,001|
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