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|Contents|||||Page|
|---|---|---|---|---|---|
|Trustees'<br>annual<br>report (incorporating||the|director's|report)|1-10|
|Independent|examiner's<br>report to the|members||||
|Statement|of financial<br>activities (including||income and|||
|expenditure|account)||||12|
|Statement|offinancial<br>position||||13|
|Statement|ofcash flows||||14|
|Notes to the financial<br>statements|||||15-22|





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|Registered|charity|name|name|Women Connect First|Women Connect First||
|---|---|---|---|---|---|---|
|Charity registration||number||1110834|||
|Company|registration||number|4715832|||
|Principal office and||registered||7 Neville Street|||
|office||||Riverside|||
|||||Cardiff|||
|||||CF116LP|||
|The trustees|||||||
|||||Rajma Begum|||
|||||Margaret<br>Mclaughlin|||
|||||Justna<br>Muhith|||
|||||Gwendolin<br>Chi|Ngum||
|||||Areatha Comanescu<br>—until 21 042022|||
|||||Kyriaki Tsioni —until 0311 2021|||
|||||Isabel Robledo|—until|31 122021|
|||||Daxa Varsani|||
|||||Aisha<br>Ali —appointed||24 11 2021|
|||||Shavanah<br>Taj —appointed<br>24 11 2021|||
|Accountant||||Gordon<br>Down Accountants|||
|||||Temple Court|||
|||||13aCathedral|Road||
|||||Cardiff|||
|||||CF11 9HA|||



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|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||Funds|Funds|funds|2022|2021|
||Note||||6||
|Incoming Resources|||||||
|Donations|5|420|600,819||601,239|555,522|
|Charitable<br>Activities|6|70,857|||70,857|75,771|
|Investment<br>Income|||||||
|Total Income and Endowments||71,283|600,819||672,102|631,300|
|Expenditure<br>on:|||||||
|Charitable<br>Activities|8|41,914|484,625||526,540|571,279|
|Total Expenditure||41,914|484,625||526,540|571,279|
|Net income/(expenditure)|||||||
|for the year||29,369|116,194||145,563|60,021|
|Funds brought<br>forward||229,513|73,218|200,000|502,731|442,710|
|Funds carried forward||258,882|189,412|200,000|648,294|502,731|





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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|Fixed Assets|||||||||
|Tangible Assets||||13||297,310||298,258|
|Current<br>Assets|||||||||
|Debtors||||14|38,300||35,225||
|Cash at Bank and in|||Hand|18|346,451||214,405||
||||||384,751||249,630||
|Creditors:|Amounts||falling due within one||||||
|year||||15|33,767||45,157||
|Net current||assets||||350,984||204,473|
|Net assets||||||648,294||502,731|
|Funds|||||||||
|Endowment||Fund||||200,000||200,000|
|Restricted|funds|||16||189,412||73,218|
|Unrestricted||funds||16||258,882||229,513|
|||||||648,294||502,731|





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|STATEMENT OF CASH|STATEMENT OF CASH|FLOWS||||
|---|---|---|---|---|---|
|||||Total|Total|
|||||2022|2021|
|Cash flows from operating||activvities||||
|Net Income||||145,557|60,014|
|Adjustments for:||||||
|Depreciation<br>for tangible fixed assets|||||947|
|Changesin:||||||
|Trade and other debtors||||(3,075)|(17,723)|
|Trade and other creditors||||(11,390)|7,383|
|Cash generated<br>from operations||||132,040|50,621|
|Interest received||||||
|Net cash from operating|activities|||132,046|50,628|
|Net increase in cash and|cash equivalents|||132,046|50,628|
|Cash and cash equivalents||at beginning|ofyear|214,405|163,777|
|Cash and cash equivalents||at end ofyear||346,451|214,405|





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|5|Grants received||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Total|Total|
||BAWSO|||||||20,000|
||Conununity<br>Foundation<br>Wales Covid||Support|||||10,000|
||Children<br>in Need|||||9,013|9,013|10,777|
||CAF Resilience Fund Phase 2|||||93,761|93,761||
||Cardiff Council - Penod Poverty|||||1,800|1,800||
||Cardilf Council - Sununer ofSmiles|||||7,000|7,000||
||Cardiff'Council<br>-Winter ofWell-being|||||12,500|12,500||
||Cardiff Third Sector Council (C3SCl|||||5,000|5,000||
||Lloyds Bank Foundation|||||24,746|24,746|29,570|
||Mind Coronavuus<br>Mental Health|Response||Fund||||49,427|
||Paul Hamlyn<br>Foundation|||||||20,000|
||Paul Hatnlyn<br>Fouadation<br>- Ditferent Voice, Different View|||||46,000|46,000||
||Smallwood<br>Trust and the Women Thrive Fund|||||48,052|48,052||
||The Comperauve<br>Store|||||2,742|2,742|260|
||The Diversity<br>Project Charity|||||||2,700|
||The National<br>Louery Community|Fund - Awards For All||||8,499|8,499|9,937|
||Techniquest|||||||1,500|
||The National<br>Heritage<br>Memorial|Fund||||30,000|30,000||
||Third Sector ICFCapital Invesunent||Fund 2021|||9,151|9,151||
||Tudor Trust|||||40,000|40,000|45,800|
||WCVA Voluntaiy<br>Services Recovery||Fund|||62,883|62,883|63,650|
||Welsh Government<br>Hate Come|Mmonty Communities||||||39,930|
||Welsh Government<br>Healthy and|Active Fund||||75,000|75,000|148,891|
||Welsh Government<br>-Period Dignity||Strategic Action Plan|||10,000|10,000||
||Welsh Government<br>Race Equality Action Plan|||||14,997|14,997|5,000|
||Welsh Govenunent<br>Sustainable|Social Services Third Sector||||82,719|82,719|80,990|
||South Riverside<br>Community<br>Development|||Centre||16,957|16,957|17,090|
|||||||600,819|600,819|555,522|
||Charitable<br>Activities||||Unrestricted|Restricted|2022|2021|
||||||Funds|Funds|Total|Total|
|6|Other mcome||||70,857||70,857|75,771|
||||||70,857||70,857|75,771|





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|Expenditure|on charitable|on charitable|activities|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2022|2021|
|||||||Total|Total|
|ESOL teacher|||||5,814|5,814|4,383|
|Bad debts|||||||985|
|Bank charges|||||||10|
|Board expenses|||||79|79|211|
|Activity costs|||||32,815|32,815|54,779|
|Staff and volunteer||training|||4,625|4,625|2,836|
|Staff&volunteer||recruitment|||9,597|9,597|572|
|Publicity &|networking||||1,029|1,029|6|
|Staff travel|||||807|807|3,209|
|ITcosts||||742|3,969|4,710|20,793|
|Project evaluation|||||6,915|6,915|6,188|
|Project overheads|||||7,130|7,130|3,917|
|Rates||||987||987|690|
|Broadband||||547||547|333|
|Telephone||||2,078|4,473|6,550|10,552|
|Repairs and|maintenance|||2,490|3,140|5,630|7,068|
|Light &heat||||2,996||2,996|1,948|
|Printing<br>stationery||and postage||2,198|1,200|3,398|3,736|
|Sundries||||292|350|642|229|
|Insurance||||1,362||1,362|714|
|Equipment|costs|||369|9,339|9,708|13,169|
|Volunteer<br>expenses|||||14,125|14,125|19,184|
|Childcare||||5,319|12,320|17,639|14,808|
|Consultants||||3,926|25,473|29,398|37,087|
|Accountmg|and legal|||1,853||1,853|1,853|
|Interpreting|and translations||||243|243|512|
|IT Class|||||3,888|3,888|3,435|
|Management|fees||||33,094|33,094|47,310|
|Maths tutor|||||558|558|765|
|Motor expenses||||697|2,140|2,837|8,351|
|Wages||||15,113|290,643|305,756|293,598|
|Room hire|||||10,863|10,863|6,301|
|Sponsorship|||||||800|
|Depreciation||||948||948|947|
|||||41,914|484,625|526,540|571,279|





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|9|Net incoming|resources|for the year|for the year|||||
|---|---|---|---|---|---|---|---|---|
||Net incoming|resources|are stated|after charging:||2022||2021|
|||||||Total||Total|
||Depreciation||||||948|947|
|10|Staff Costs||||||||
||The total staff|costs and|employee|benefits are analysed|as follows:||||
|||||||2022||2021|
||Wages and Salaries|||||280,554||265,427|
||Social Security costs|||||15,195||15,065|
||Employer contributions||to pension|plans||12,971||10,139|
|||||||308,721||290,631|



|The average head count ofemployees<br>during<br>the year wa<br>employees<br>during<br>the year is analysed<br>as follows:|s 18(2021: 151The average number offtdl time|equivalent|
|---|---|---|
||2022|2021|
|Number ofstaff|17|19|
|Full time equivalent||13|



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|13|Tangible Fixed Assets||Land dr|Fixtures|TOTAL|
|---|---|---|---|---|---|
||||Buildings|&Fittings||
||Cost|||||
||At 1 April 2021||295,415|17,346|312,761|
||Additions|||||
||At 31 March 2022||295,415|17,346|312,761|
||Depreciation|||||
||At 1 April 2021|||14,503|14,503|
||Charge for the year|||948|948|
||At 31March 2022|||15,451|15,451|
||Net BookValue|||||
||At 31March 2022||295,415|1,895|297,310|
||At 31March 2021||295,415|2,843|298,258|
|14|Debtors|||2022|2021|
||Trade debtors|||1,170|1,610|
||Prepayments<br>and accrued income|||37,131|33,615|
|||||38,300|35,225|
|15|Creditors: amounts<br>falling due within|one year||2022|2021|
||Trade creditors|||9,623|19,416|
||Accruals and deferred income|||18,726|13,862|
||Soctal security and other taxes|||5,418|11,879|
|||||33,767|45,157|





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|16|Analysis ofcharitable<br>funds||||||||At I April|Income|Expenditure|At 31March|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021||f|2022|
||Unrestricted<br>funds||||||||||||
||General funds||||||||229,513|71,283|41,914|258,882|
||Restricted funds||||||||||||
||BAWSO COVID-19 BAME Support||||||||8,380|0|8,380|0|
||Chddren<br>in Need||||||||3,789|9,013|3,789|9,013|
||CAF Resilience Fund Phase 2||||||||0|93,761|18,528|75,232|
||Cardiff Council - Period Poverty||||||||0|1,800|1,800|0|
||Cardiff Council - Summer ofSmiles||||||||0|7,000|7,000|0|
||Cardiff Councd - Winter ofWell-bemg||||||||0|12,500|12,500|0|
||Cardiff Third Sector Council (C3SC)||||||||0|5,000|5,000|0|
||Lloyds Bank Foundation<br>for England|||n|Wales||||13,395|24,746|27,830|10,310|
||Mind Coronavtrus<br>Mental<br>Health|Response||||Fund|||0|0|0|0|
||Paul Hamlyn<br>Foundation||||||||16,508|46,000|51,008|11,500|
||Smallwood<br>Trust and the Women|Thrive Fund|||||||0|48,052|18,398|29,654|
||The Co-operative<br>Store||||||||260|2,742|3,002|0|
||The Diversity<br>Project Charity||||||||2,700|0|2,700|0|
||The National<br>Lotteiy Community|Fund|||—Awards||for|All|0|8,499|8.499|0|
||Techniquest||||||||1,500|0|0|1,500|
||The National<br>Hentage<br>Memooal|Fund|||||||0|30,000|9,451|20,549|
||Third Sector ICF Capital Invesunent|||Fund||2021|||0|9,151|9,151|0|
||Tudor Trust||||||||16,895|40,000|26,930|29,965|
||Virgin Money Foundation<br>- Heart ofthe||||Commumty|||Fund|0|0|0|0|
||WCVA Voluntary<br>Services Recovery|||Fund|||||8,676|62,883|71,558|0|
||Welsh Govenuuent<br>- Healthy a Active||||Fund||||0|75,000|75,000|0|
||Welsh Government<br>- Period Dignity||Strategic Action|||||Plan|0|10,000|10,000|0|
||Welsh Government<br>-Race Equality||Action|||Plan|||0|14,997|14,997|0|
||Welsh Government<br>—Sustainable|Social|||Services||Third Sector||0|82,719|82,719|0|
||South Riverside Community<br>Development|||||Centre|||1,114|16,957|16,382|1,689|
||||||||||73,218|600.819|484,625|189,412|
||||||||||General|Restricted|Endowment|Total|
|17|Analysis ofnet assets between|funds|||||||Funds|Funds|fund|Funds|
||Tangible<br>tixed assets||||||||97,310||200,000|297,3 I0|
||Current assets||||||||195,339|189,412||384,75 I|
||Creditors - less than one year||||||||(33,767)|||(33,767)|
||||||||||258,882|189,412|200,000|648,294|
|||||||||||At I Apr||At 31filar|
|18|Analysis ofchanges in cash and cash||||eqvialents|||||2021|Cash flows|'ie22|
||Cash at bank|||||||||214,405|132,046|346.451|



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