#
||||Contents||
|---|---|---|---|---|
|||||Page|
|Legal and administrative||information|||
|Trustees' report||||2 —9|
|Independent
examiner's||report||10|
|Statement offinancial|activities||||
|Balance sheet||||12 —13|
|Cashflow statement||||14|
|Notes to the financial|statements|||15 -24|
##
|Reference|Reference|and Administrative|and Administrative|and Administrative|Details|Details|||
|---|---|---|---|---|---|---|---|---|
|Charity name|||||||Tir Coed||
|Charity number|||||||1115229||
|Company|number||||||03918116||
|Registered office and|||operational||address||Unit 6G, Science Park||
||||||||Cefn Uan||
||||||||Uanbadam
Fawr||
||||||||Aberystwyth||
||||||||SY23 3AH||
|Directors|and|Trustees|||||Adrian
Wells
—Chairperson||
||||||||Anna Prytherch —Deputy Chairperson||
||||||||Leila Sharland —Deputy Chairperson||
||||||||Tabitha
Binding (rebred 9/1/23)||
||||||||Guy Evans (sabbatical|from July 2022)|
||||||||Sue Ginley||
||||||||Ross Lister||
||||||||Roger Thomas||
||||||||Hannah
Wilcox Brooke||
|Company|Secretary||||||Helen Gethin
—Finance|Director|
|Independent||examiner|||||Mark Baker FCCA||
||||||||Davies Lewis Baker Ltd||
||||||||31Bridge Street
Abe~||
||||||||Ceredigion||
||||||||SY23 IQB||
|Bankers|||||||HSBC||
||||||||Great Darkgate Street||
||||||||Aberystwyth||
||||||||Ceredigion||
||||||||SY23 1DH||
|Senior Management|||||||||
|CEO:|||||||Ff. Famell to Sept 2022||
|Development||Director/CEO||maternity||cover:|T.Walters||
|Finance Director/CEO|||maternity||cover.||H. Geihin||
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||||||||Year ended:|Year ended:|
|---|---|---|---|---|---|---|---|---|
|||||||Note|31.10.22|31.10.21|
||||||||f|6|
|Cash flows from operating||activities:||||18|||
|Net cash provided|by (used in) operating|||activities|||(21,546)|(38,010)|
|Cash flows from investing||activities:|||||||
|Interest from investments|||||||54|22|
|Proceeds from sale|of investments|||||||12,000|
|Net cash provided|by (used in) investing|||activities|||54|12,022|
|Change
in cash and|cash equivalents||in the||||||
|reporting
period|||||||(21,492)|(25,988)|
|Cash and cash equivalents||at the beginning|||ofthe||||
|reporting
period|||||||202,036|228,024|
|Cash and cash equivalents||atthe end|of|the|||||
|reporting
period|||||||180,544|202,036|
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|2
Income from charitable|2
Income from charitable|activities|activities|activities|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Unrestricted||||Restricted|||Total||Unrestricted
Restricted||Tota I|
||31/10/22|||||31/10/22||31/10/22||31/10/21
31/10/21||31/10/21|
||||E|||E||E||E|E|E|
|Services supplied|||36,007||||880|36,887||28,242||28,242|
|Grants|||34,648|||523,449||558,097||27,209|349,615|376,824|
||||70,655|||524,329||594,984||55,451|349,615|405,066|
|Grants receivable are|as follows:||||||||||||
|||||||||||31/10/22|31/10/21||
|||||||||||f|E||
|Grants received:|||||||||||||
|National
Lottery Awards for All||||||||||10,000|10,000||
|Big Lottery Fund People 8Places||||||||||152,500|160,000||
|Elan Links Project||||||||||58,546|40,355||
|Rank Foundation||||||||||22,549|29,684||
|Moondance
Foundation||||||||||20,000|||
|Welsh Government|RDP —Cynnal|||y Cardi||||||11,533|10,406||
|UK Community
Renewal
Fund||||||||||69,180|||
|Powys
—Social Value|Forum Development|||||Fund||||29,245|||
|Carmarthenshire
CC- United||Support Project||||||||3,000|||
|Powys CC-Summer|of Fun|||||||||2,833|3,861||
|Powys CC - Winter ofWellbeing||||||||||4,610|||
|Kickstart||||||||||7,937|||
|Aberystwyth
Town Council||||||||||4,000|||
|CAVO||||||||||7,884|||
|Prince's Countryside|Trust|||||||||12,500|||
|Steele Trust||||||||||14,402|||
|Wesleyan
Foundation||||||||||4,941|||
|PAVS||||||||||2,500|||
|Uechi Glo||||||||||11,511|8,987||
|Waterloo Foundation||||||||||20,000|20,000||
|The 29th May 1961Charitable||trust||||||||5,000|5,000||
|Brechfa Forest West|Community|||Fund||||||15,000|25,000||
|HMRC furlough
grant|||||||||||4,774||
|HMRC employment|allowance||||||||||4,XO||
|Others|||||||||||29,795||
|Total grants received||||||||||494,671|351,862||
|Claims outstanding
at 31.10.21|||on|grants||payable||in arrears||(54,662)|(33,293)||
|Grants received
up to 311021|||in|advance ofthe following|||||year|41,407|45,000||
|Claims outstanding
at 31.10.22|||on|grants||payable||in arrears||98,524|54,662||
|Grants received
up to 31.10.22|||in|advance ofthe following|||||year|(21,843)|(41,407)||
|||||||||||558,097|376,824||
##
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##
|Cost ofcharitable
activities|||
|---|---|---|
||31/10/22|31/10/21|
||6|f|
|Staff costs|362,950|250,496|
|Trave
I|11,205|2,422|
|0therstaff costs|4,822|1,863|
|Recruitment|245|380|
|Grants to others (note 6)|||
|Project expenses|50,325|49,695|
|Marketing
8 publicity|4,467|1,182|
|Consultancy
8 evaluation|14,892||
|Heat & light|2,417|1,872|
|Insurance|3,951|3,815|
|Stationery
8 postage|2,688|1,609|
|Support staff costs (note 7)|54,448|54,128|
|Other support costs (note 7)|19,326|17,948|
|Governance
costs (note 7)|10,677|6,303|
|Profit on sale ofassets||(8,331)|
|Depreciation||859|
||542,413|384,241|
##
##
##
|shown
in the|t|
able below:|||||
|---|---|---|---|---|---|---|
|||||Cost of|||
|||||raising|Charitable|Total|
||||Governance|funds|activities|allocated|
|Support staff|||5,401|13,502|54,448|73,351|
|Rent|||||12,117|12,117|
|Telephone|||||2,291|2,291|
|Accountancy||gr bank charges|||1,292|1,292|
|Legal gr professional|||||220|220|
|Other|||3,176||3,406|6,582|
||||8,577|13,502|73,774|95,853|
|Governance|costs:||||31/10/22|31/10/21|
||||||E|f|
|Independent||examination|||2,100|1,938|
|Support costs||(see above)|||8,577|4,365|
||||||10,677|6,303|
##
|8
Staff costs|||
|---|---|---|
||31/10/22|31/10/21|
||E|f|
|Salaries|404,124|301,800|
|Social security costs|22,222|14,196|
|Employer pension costs|9,955|7,913|
||436,301|323,909|
##
##
|||Plant|Ik|Fixtures|Ik|Computer|||
|---|---|---|---|---|---|---|---|---|
|||machinery||fittings||equipment|Total||
|||6||6||6|f||
|Cost|||||||||
|At 1November|2021||||||||
|and 310ctober|2022|7,248||5,191||25,442|37,881||
|Accumulated
depreciation|||||||||
|At 1November|2021||||||||
|and 31October|2022|7,089||5,191||25,441|37,721||
|Net book value|||||||||
|At 31October 2021|||159|||1||160|
|At 31 October 2022|||159|||1||160|
##
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##
|11
Debtors||||
|---|---|---|---|
|||31/10/22|31/10/21|
|||E|f|
|Trade debtors (E2,478unrestricted;|6880restricted)|3,358|8,854|
|Accrued income (restricted)||98,520|54,662|
|||101,878|63,516|
|12|Creditors: amounts|falling due within|1year|||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Tota I|Unrestricted|Restricted|Total|
|||31/10/22|31/10/22|31/10/22|31/10/21|31/10/21|31/10/21|
|||6|f|6|6|f|E|
|Trade|creditors||446|446|1,204|2,584|3,788|
|Accruals|||2,100|2,100||1,938|1,938|
|Deferred income|||21,843|21,843||41,407|41,407|
|Other|creditors||630|630||630|630|
||||25,019|25,019|1,204|46,559|47,763|
|Analysis of net assets between
funds at 31O|ctober 2022|||
|---|---|---|---|
||Unrestricted|Restricted||
||funds|funds|Total|
|||6|f.|
|Tangible fixed assets|160||160|
|Cash at bank and in hand|185,470|(4,926)|180,544|
|Other net current assets/(liabilities)|2,478|74,381|76,859|
||188,108|69,455|257,563|
##
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##
|B~il
F
di||||
|---|---|---|---|
|During the year to 31|October 2022 grants totalling 6152,500were||received from the Big Lottery People g Places|
|Fund. The movements|during the period on these funds|are analysed
below and are part ofthe Leaf project:
f||
|Income|||152,500|
|Expenditure||~158688||
|||(|6,188 )|
|Balance brought
forward at 1November 2021|||6 188|
|Balance carried forward at 31October 2022||||
##
##
||Balance|||Balance|
|---|---|---|---|---|
||01-Nov-21|Income|Expenditure|31-Oct-22|
||E|E|f|E|
|Uechi Glo|12,749|11,512|(11,512)|12,749|
|General fund|139,839|60,255|(24,735)|175,359|
||152,588|71,767|(36,247)|188,108|
|At 31October 2022 the charity had total future
minimum
s follows:|lease payments
u|nder non-can|
|---|---|---|
||31/10/22|31/10/21|
||E|E|
|not later than one year|2,585|3,354|
|later than one year and not later than five years||210|
||2,585|3,564|
##
|||||Year ended:||
|---|---|---|---|---|---|
|||||31.10.22|31.10.21|
|||||6|f|
|Net income/(expenditure)
forthe reporting|||period|||
|(as per the statement|offinancial activities)|||39,614|5,118|
|Adjustments
for:||||||
|Depreciation
charges||||||
|Interest from investments||||(54)|(22)|
|Loss/(profit)
on the sale offixed assets|||||(8,331)|
|(Increase)/decrease|in debtors|||(38,362)|(22,455)|
|Increase/(decrease)|in creditors|||(22,744)|(13,180)|
|Net cash provided
by (used in) operating||activities||(21,546)|(38,010)|