##
##
##
##
|||||||Page|
|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating|||the|director's|report)||
|Independent
auditor's|report to|the members|||||
|Statement
offinancial|activities|(including||income and|||
|expenditure
account)||||||14|
|Statement offinancial|position|||||15|
|Statement ofcash flows||||||16|
|Notes to the financial|statements|||||17|
##
##
##
##
|Registered|charity|name|name|Duffryn
Community|Duffryn
Community|Duffryn
Community|Link||||
|---|---|---|---|---|---|---|---|---|---|---|
|Charity registration||number||1113303|||||||
|Company|registration||number|5664708|||||||
|Principal office and||registered||Unit 6|||||||
|office||||Duffryn Shopping|||Centre||||
|||||Duffryn|||||||
|||||Newport|||||||
|||||South Wales|||||||
|||||NP10 8TE|||||||
|The trustees|||||||||||
|||||E W Berry|||||||
|||||LAllcoat|||||||
|||||G Timmins|||||||
|||||I M Tucker|||||||
|||||TWatkins|||||||
|||||R M Grant|||||(Resigned|13June 2022)|
|||||M Jones|||||(Resigned|9 January 2023)|
|||||A Screen|||||(Appointed|9January 2023)|
|||||R Heley|||||(Appointed|9January 2023)|
|Auditor||||ZOE GOODWIN BScFCA|||||||
|||||Walter Hunter||&Co Limited|||||
|||||Chartered|accountants|||8 statutory|auditor||
|||||24 Bridge Street|||||||
|||||Newport|||||||
|||||South Wales|||||||
|||||NP20 4SF|||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|(including
income an
Year ended 31 March|d expend
2023|iture|account)||||
|---|---|---|---|---|---|---|
|||||2023||2022|
||||Unrestricted|Restricted|||
||||funds|funds|Total funds|Total funds|
|||Note|f.||||
|Income and endowments|||||||
|Donations
and legacies
Charitable
activities||5
6|490
8385|505,623|490
514,008|100
499,969|
|Other trading
activities||7|105,060||105,060|118,317|
|Investment
income||8|579||579|105|
|Total income|||114,514|505,623|620,137|618,491|
|Expenditure|||||||
|Expenditure
on raising funds:
Costs ofother trading
activities||9|106,258||106,258|67,165|
|Expenditure
on charitable|activities|10,11|31,548|514,723|546,271|550,905|
|Total expenditure|||137,806|514,723|652,529|618,070|
|Net (expenditure)/income|||(23,292)|(9,100)|(32,392)|421|
|Transfers
between
funds|||124|(124)|||
|Net movement
in funds|||(23,168)|(9,224)|(32,392)|421|
|Reconciliation
offunds|||||||
|Total funds brought
forward|||244,879|60,131|305,010|304,589|
|Total funds carried forward|||221,711|50,907|272,618|305,010|
##
##
##
##
|31 March|2023||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note||F|
|Fixed assets|||||||
|Tangible fixed assets|||||21,045|10,384|
|Current assets|||||||
|Debtors||||19|41,598|69,803|
|Cash at bank|and|in|hand||290,338|306,427|
||||||331,936|376,230|
|Creditors". amounts|||falling due within one year|20|80,363|81,604|
|Net current|assets||||251,573|294,626|
|Total assets|less|current liabilities|||272,618|305,010|
|Net assets|||||272,618|305,010|
|Funds ofthe charity|||||||
|Restricted funds|||||50,907|60,131|
|Unrestricted|funds||||221,711|244,879|
|Total charity|funds|||23|272,618|305,010|
##
##
##
##
|Year ended 31 March|2023||||
|---|---|---|---|---|
||||2023|2022|
|||||F|
|Cash flows from operating|activities||||
|Net (expenditure)/income|||(32,392)|421|
|Adjustments
for:|||||
|Depreciation
oftangible
fixed assets|||9,940|5,237|
|Other interest receivable
and similar income|||(579)|(105)|
|Interest payable
and similar|charges||116|471|
|Accrued (income)/expenses|||442|4,354|
|Changesin:|||||
|Trade and other debtors|||28,205|(61,478)|
|Trade and other creditors|||(1,683)|8,773|
|Cash generated
from operations|||4,049|(42,327)|
|Interest paid|||(116)|(471)|
|interest received|||579|11,940|
|Net cash from operating
activities|||4,512|(30,858)|
|Cash flows from investing|activities||||
|Purchase oftangible assets|||(20,601)|(3,905)|
|Net cash used
in investing
activities|||(20,601)|(3,905)|
|Net decrease
in cash and cash equivalents
Cash and cash equivalents
at beginning
ofyear|||(16,089)
306,427|(34,763)
341,190|
|Cash and cash equivalents|at end ofyear||290,338|306,427|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Donations
and legacies|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Funds|
||Funds
F|Funds
F||2023
f|
|Donations|490|||490|
||490|||490|
||Unrestricted|Restricted|Total|Funds|
||Funds|Funds||2022
f|
|Donations|100|||100|
||100|||100|
##
##
##
##
|Charitable
activities||||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
|||||E|F|
|Foodbank
membership|||7,885||7,885|
|Big Lottery fund||||213,102|213,102|
|BBCChildren
in Need|||500|10,000|10,500|
|Police and Crime Commissioners||||16,805|16,805|
|High Sheriff||||5,000|5,000|
|Garfield Western||||15,000|15,000|
|NCC Children
L Communities||||15,000|15,000|
|Food and Fun||||10,000|10,000|
|Families First||||56,052|56,052|
|Clybiau
Plant Cymru||||680|680|
|GAVO||||2,245|2,245|
|HSPSS Gardening
cooking||grant||200|200|
|Street Games
—Youth|Grant|||7,000|7,000|
|Henry Smith - Core||||32,360|32,360|
|Henry Smith - Community||Delivery||6,640|6,640|
|Henry Smith - Youth||||||
|1910Trust - Food Poverty||Grant||||
|1-1 Early Years Support||||||
|Newport
City Council||||13,601|13,601|
|Moondance
Foundation||||21,250|21,250|
|HAF||||9,110|9,110|
|Waterloo
Foundation|-Youth|||||
|Awards
For All||||5,000|5,000|
|Oakdale Trust - food|poverty|||||
|Welsh Government
30 Hour childcare offer||||66,578|66,578|
||||8,385|505,623|514,008|
##
##
##
##
##
|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|
|||||E|E||
|Grants|||||||
|Foodbank
membership||||7,486||7,486|
|Big Lottery fund|||||246,582|246,582|
|BBCChildren
in Need|||||||
|Police and Crime Commissioners|||||28,108|28,108|
|High Sheriff|||||||
|Garfield Weston|||||||
|NCC Children
8, Communities|||||59,700|59,700|
|Food and Fun|||||11,500|11,500|
|Families First|||||12,052|12,052|
|Clybiau
Plant Cymru|||||||
|GAVO|||||||
|HSPSS Gardening
cooking||grant|||||
|Street Games - Youth|Grant||||3,000|3,000|
|Henry
Smith
—Core|||||11,000|11,000|
|Henry Smith - Community||Delivery|||4,500|4,500|
|Henry
Smith - Youth
1910Trust - Food Poverty||Grant|||4,000
5,000|4,000
5,000|
|1-1 Early Years Support|||||5,130|5,130|
|Newport
City Council|||||||
|Moondance
Foundation|||||15,000|15,000|
|HAF|||||23,151|23,151|
|Waterloo Foundation|—Youth||||6,000|6,000|
|Awards
For All|||||5,000|5,000|
|Oakdale Trust
—food|poverty||||1,000|1,000|
|Welsh Government
30 Hour childcare|||offer||51,760|51,760|
|||||7,486|492,483|499,969|
|Other trading
activities|||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds
F|2023
f|Funds
F|2022
F|
|Childcare fees|||94,164|94,164|107,934|107,934|
|Fundraising
events|||797|797|847|847|
|Cafe|||3,928|3,928|1,702|1,702|
|Venue Hire|||6,171|6,171|7,834|7,834|
||||105,060|105,060|118,137|118,317|
##
##
##
##
##
|Yea|r ended 3 i March||2|02|3|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||Investment
income|||||||||||
|||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||||Funds|2023|Funds|2022|
|||||||||E|||F|
||Bank interest receivable|||||||579|579|105|105|
||Costs ofother trading|||activities||||||||
|||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||||Funds|2023|Funds|2022|
|||||||||E|f|||
||Childcare costs|||||||102,905|102,905|67,165|67,165|
||Cafe costs|||||||3,353|3,353|||
|||||||||106,258|106,258|67,165|67,165|
|10.|Expenditure
on charitable|||||activities||by fund type||||
||||||||||Unrestricted|Restricted|Total Funds|
||||||||||Funds|Funds|2023|
|||||||||||F||
||Forest Family Centre||||||||6,336||6,336|
||Big Lottery Fund
GAVO|||||||||188,776
2,245|188,776
2,245|
||NCC Children
8 Communities|||||||||13,120|13,120|
||Police and Crime Commissioners||||||Youth Project|||13,042|13,042|
||HAF National
Trust|||||||||14,450|14,450|
||High Sheriff
Moondance
Foundation|||||||||3,808
17,153|3,808
17,153|
||Garfield Western|||||||||11,421|11,421|
||Families First|||||||||52,902|52,902|
||HAF|||||||||||
||BBCChildren
in Need|||||||||7,614|7,614|
||Food and Fun|||||||||5,682|5,682|
||NCC Food poverty
Street Games - Youth||Grant|||||||10,467
5,407|10,467
5,407|
||Henry
Smith - Community||||delivery|||||6,640|6,640|
||1910Trust - Food poverty|||||||||||
||Henry
Smith - Core
1-1 Early years support||||||||2,814|32,360|32,360
2,814|
||Waterloo
Foundation||-|Youth||||||||
||Awards
for All|||||||||4,053|4,053|
||Transformation
and|Growth||||Grant||||||
||Clybiau
Plant Cymru
Welsh Government|30||Hour||childcare||offer||680
59,083|680
59,083|
||Oakdale Trust - Food||poverty|||||||||
||Henry Smith - Youth
Support costs||||||||22,398|65,820|88,218|
||||||||||31,548|514,723|546,271|
##
##
##
##
##
##
|||||||||
|---|---|---|---|---|---|---|---|
|Expenditure
on charitable||activit|ies|by fund type|(continued)|||
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2022|
|Forest Family Centre
Big Lottery Fund|||||2,271|214,929|2,271
214,929|
|GAVO||||||||
|NCC Children
8 Communities||||||59,700|59,700|
|Police and Crime Commissioners|||Youth Project|||23,151|23,151|
|HAF National
Trust||||||||
|High Sheriff
Moondance
Foundation||||||15,303|15,303|
|Garfield Western||||||||
|Families First||||||12,052|12,052|
|HAF||||||23,150|23,150|
|BBCChildren
in Need||||||||
|Food and Fun||||||11,500|11,500|
|NCC Food poverty
Street Games - Youth Grant||||||7,141
3,000|7,141
3,000|
|Henry Smith - Community
delivery
1910Trust - Food poverty
Henry Smith - Core
1-1 Early years support
Waterloo
Foundation
—Youth||||||2,553
5,100
11,000
4,302
6,000|2,553
5,100
11,000
4,302
6,000|
|Awards
for All||||||5,000|5,000|
|Transformation
and Growth||Grant||||12,117|12,117|
|Clybiau
Plant Cymru||||||||
|Welsh Government
30 Hour||childcare||offer||43,405|43,405|
|Oakdale Trust - Food poverty||||||1,021|1,021|
|Henry Smith - Youth
Support costs|||||32,096|4,000
52,114|4,000
84,210|
||||||34,367|516,538|550,905|
##
##
##
||||||Activities||||
|---|---|---|---|---|---|---|---|---|
||||||undertaken||Total funds|Total fund|
||||||directly|Support costs|2023|2022|
|Forest Family Centre|||||6,336|22,035|28,371|34,367|
|Big Lottery Fund|||||188,776|29,808|218,584|251,861|
|GAVO|||||2,245||2,245||
|NCC Children
8 Communities|||||13,120|1,880|15,000|59,700|
|Police and Crime Commissioners|||||||||
|Youth Project|||||13,042|2,041|15,083|23,151|
|HAF National
Trust|||||14,450||14,450||
|High Sheriff
Moondance
Foundation|||||3,808
17,153|1,192
4,097|5,000
21,250|18,517|
|Garfield Western|||||11,421|3,579|15,000||
|Families
First|||||52,902|3,150|56,052|12,052|
|HAF||||||||23,150|
|BBCChildren
in Need|||||7,614|2,386|10,000||
|Food and Fun|||||5,682|4,318|10,000|11,500|
|NCC Food poverty|||||10,467|3,134|13,601|8,641|
|Street Games
—Youth||Grant|||5,407|1,593|7,000|3,000|
|Henry Smith - Community
1910Trust - Food poverty
Henry Smith - Core|||delivery||6,640
32,360||6,640
32,360|2,553
6,171
11,000|
|1-1 Early years support
Waterloo
Foundation
-Youth|||||2,814|363|3,177|5,130
6,000|
|Awards
for All|||||4,053|947|5,000|5,000|
|Transformation
and|Growth|||Grant||||12,117|
|Clybiau
Plant Cymru|||||680||680||
|Welsh Government|30 Hour|||childcare|||||
|offer|||||59,083|7,695|66,778|51,760|
|Oakdale Trust- Food
Henry
Smith
—Youth||poverty||||||1,235
4,000|
||||||458,053|88,218|546,271|550,905|
##
##
##
##
|Analysis ofgrants||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|
||||||||||F|
|Grants to institutions||||||||||
|Grants
paid out from|Big||Lottery Fund - Woodland||||Roots to|||
|Wellbeing||||||||69,541|50,115|
|Total grants||||||||69,541|50,115|
|Net (expenditure)/income||||||||||
|Net (expenditure)/income||||is|stated|after charging/(crediting):||||
|||||||||2023|2022|
|Depreciation
oftangible|||fixed assets|||||9,940|5,237|
|Operating
lease rentals||||||||599|4,364|
|Audit fees (including|VAT)|||||||2,202|2,040|
|Accountancy
fees (including|||||VAT)|||17,110|12,713|
|Staff costs||||||||||
|The total staff costs|and||employee|||benefits for the|reporting|period are analysed
as|follows:|
|||||||||2023|2022|
||||||||||E|
|Wages and salaries||||||||380,902|367,631|
|Social security costs||||||||19,263|22,048|
|Employer
contributions||to||pension||plans||6,571|6,433|
|||||||||406,736|396,112|
##
##
|The average|head count of employees|head count of employees|head count of employees|during|the year was 24 (2022: 26).The average|number|
|---|---|---|---|---|---|---|
|offull-time
equivalent||employees|during|the year is analysed as follows:|||
|||||||2022|
|||||||No.|
|Management|and Admin|||||3|
|Project delivery||||||11|
|||||||14|
##
##
##
##
##
##
##
|18.|Tangible fixed as|sets|||||
|---|---|---|---|---|---|---|
||||||Improvements||
|||||Equipment|to property|Total|
||||||P||
||Cost||||||
||At 1 April 2022|||63,896||63,896|
||Additions|||500|20,101|20,601|
||At 31 March 2023|||64,396|20,101|84,497|
||Depreciation
At 1 April 2022|||53,512||53,512|
||Charge for the year|||4,197|5,743|9,940|
||At 31 March 2023|||57,709|5,743|63,452|
||Carrying
amount
At 31 March 2023|||6,687|14,358|21,045|
||At 31 March 2022|||10,384||10,384|
|19.|Debtors||||||
||||||2023|2022|
|||||||F|
||Trade debtors||||39,672|61,188|
||Prepayments
and|accrued income|||1,926|8,615|
||||||41,598|69,803|
|20.|Creditors: amounts||falling due within one year||||
||||||2023|2022|
|||||||F|
||Trade creditors||||22,176|20,741|
||Accruals and deferred||income||51,709|52,314|
||Social security
and other taxes
Other creditors||||6,478|5,857
2,692|
||||||80,363|81,604|
|21.|Deferred income||||||
||||||2023
f|2022
F|
||Amount
deferred|in year|||42,953|44,000|
##
##
##
##
##
##
##
|Unrestricted|funds||||||
|---|---|---|---|---|---|---|
|||At||||At 31 March|
|||1 April 2022|Income|Expenditure|Transfers|2023|
|||||||F|
|Unrestricted|fund|201,653|114,514|(137,806)|124|221,711|
|Designated|Fund - Staff||||||
|costs||42,393||||42,393|
|Designated|Fund-||||||
|Welfare fund||833||||833|
|||244,879|114,514|(137,806)|124|221,711|
|||At||||At 31 March|
|||1 April 2021|Income|Expenditure|Transfers|2022|
|||E|E||E||
|General funds||174,912|126,008|(101,532)|2,265|201,653|
|Designated|Fund -Staff||||||
|costs||42,393||||42,393|
|Designated|Fund-||||||
|Welfare fund||833|||||
|||218,138|126,008|(101,532)|2,265|244,879|
##
##
##
##
##
|Restricted funds|||||||
|---|---|---|---|---|---|---|
|||At||||At 31 March|
|||1 April 2022|Income|Expenditure|Transfers|2023|
|GAVO
Police and Crime||F|F
2,245|(2,245)||F|
|Commissioners
Youth|||||||
|project
National
Trust
Moondance
Foundation
Garfield Western
Families First
HAF
BBCChildren
in Need
Capital grant
Clybiau
Plant Cymru
Welsh Government
30||2,536
4,917
(9,713)
(2,944)
7,500|16,805
21,250
15,000
56,052
9,110
10,000
680|(15,083)
(21,250)
(15,000)
(56,052)
(14,450)
(10,000)
(680)|(1,875)|4,258
4,917
(9,713)
(8,284)
5,625|
|hour childcare offer
High Sheriff
NCC Children
8|||66,778
5,000|(66,778)
(5,000)|||
|Communities
Food and fun
Street games youth
Henry Smith - Core
Henry Smith—|||15,000
10,000
7,000
32,360|(15,000)
(10,000)
(7,000)
(32,360)|||
|Community
delivery
1910Trust - Food||1,947|6,640|(6,640)||1,947|
|poverty
1-1 Early Years||(1,171)|||1,171||
|Waterloo Foundation|||||||
|Big Lottery Fund
Awards
for All
Newport
City Council
Transformation
and||57,639
(580)|213,102
5,000
13,601|(218,584)
(5,000)
(13,601)|580|52,157|
|Growth
Grant|||||||
|Oakdale Trust - food|||||||
|poverty|||||||
|Henry Smith - Youth|||||||
|||60,131|505,623|(514,723)|(124)|50,907|
##
##
##
##
|||At||||At 31 March|
|---|---|---|---|---|---|---|
|||1 April 2021|Income|Expenditure|Transfers|2022|
||||F||F||
|GAVO|||||||
|Police and Crime|||||||
|Commissioners
Youth|||||||
|project
National
Trust
Moondance
Foundation
Garfield Western||(2,421)
4,917
(6,196)|28,108
15,000|(23,151)
(18,517)||2,536
4,917
(9,713)|
|Families
First
HAF
BBCChildren
in Need||(2,945)|12,052
23,151|(12,052)
(23,150)||(2,944)|
|Capital grant
Clybiau
Plant Cymru||10,000|||(2,500)|7,500|
|Welsh Government|30||||||
|hour childcare offer
High Sheriff|||51,760|(51,760)|||
|NCC Children
8|||||||
|Communities
Food and fun
Street games youth
Henry Smith - Core
Henry Smith-|||59,700
11,500
3,000
11,000|(59,700)
(11,500)
(3,000)
(11,000)|||
|Community
delivery
1910Trust - Food|||4,500|(2,553)||1,947|
|poverty
1-1 Early Years
Waterloo Foundation
Big Lottery Fund
Awards
for All||62,918|5,000
5,130
6,000
246,582
5,000|(6,171)
(5,130)
(6,000)
(251,861)
(5,000)||(1,171)
57,639|
|Newport
City Council
Transformation
and||8,061||(8,641)||(580)|
|Growth
Grant
Oakdale Trust
—food||12,117||(12,117)|||
|poverty
Henry Smith - Youth|||1,000
4,000|(1,235)
(4,000)|235||
|||86,451|492,483|(516,538)|(2,265)|60,131|
##
##
##
##
|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2023|
|Tangible|fixed assets|15,420|5,625|21,045|
|Net Current assets||206,291|45,282|251,573|
|Net assets||221,711|50,907|272,618|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|||||E|
|Tangible|fixed assets|2,884|7,500|10,384|
|Net Current assets||241,995|52,631|294,626|
|Net assets||244,879|60,131|305,010|
##
##
##
##
|25.|Analysis|ofchan|ges
in|net debt|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||At|
|||||||At1Apr2022
F||Cash|flows|31Mar2023
f|
||Cash at bank and||in hand|||306,427|||(16,089)|290,338|
|26.|Operating|lease|commitments||||||||
||The total|future
minimum||lease payments|under|non-cancellable|operating||leases are as follows:||
||||||||||2023|2022|
|||||||||||F|
||Later than|1 year|and not|later than 5years|||||2,810|12,492|
##