Registered Charlty Number 1116764 Compxny Rewter¢d N¥mb¢r 05855440 ACE CARDIFF LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
ACE CARDITr"Tr LIMfTED FOR THE YEAR ENDED 30 JUNE 2023 Page Trustees, annual Teport Independent examintrs repx)rt to the trustees Statement of financial activities Statement of financial position Notes to the financial statements
ACE CARDiFF LIMrrED TRUSTEES REPORT FOR THE YEAR END 30 JUNE 2023 The tNstee% who are atso dirtrtoTh of the charity fortF¢ puo)osts of the comp1 Act 2(X)6. prt th¢irrerA)rtwith the fjnauciai stam¢nls of ¢h¢ charity Eoi the year etd 30 June 2023. This rewrt meets the ryuirements for a Direetors, Report For C¢)mpaDie8 Act pU08C5. The trwie&s have athpt&l tbe pro¥isions of Accountitig and Re[Stig by Charities: Statement of Rccommentsj Praciice atvlicable chan.lies preparfftg their occounts tn ac¢ord2nce with the Financial Rcm Stsodard apphcabk ill the UK aryE Republi¢ of Ire]aod IFRS 1021 {¢ffectivc l January 20151. The fitwiciai staiemeots have been in accordw with the xc<)untiDg )]i¢l&S sct rmt in the notes to the aecounts and cornply wrth the cljarity's 8oveFning ¢kll( th¢ Chan'ties AGt 2011. Companits Act 2006 and Accouniing and Rew>rting by Charities.. Ststwest of Rttommended Practice applicable to chan'ties preparg theEr accounts in x¢ordance with tbt Finattcial RwrtiD8 Sottdard applicable xn the UK 8nd Repubhc of Ireland (FRS 102) (efftive l J8m]ary 20151. OBJEC13 OF THE CHARITY, PRINCIPAL ACTEvrriFS ORGANISATIOL¥ OF WORK Ace CardJffLimiioJ i% a ¢haritable ¢OTnpany Ilmitedbygusrantee. TheeompaDy wag ¢3tablished underamemorandurn of A&wcialion which esthbli5he(l the obJ¢S and p)wers of the chatitsbk co1npY and is governed under its Articl¢s of knociaiion. tn the eyent of the company iw w(wd up. ar¢ requirtd to conknbutr an amount noi exeeding £10. Th¢ princal ¢)bjectof the company is theIle( of inneal by re&qonof You1 age. ill-heald4 dIbIlity, fitwi¢ial hardship or other disadvants8e ilUdIng eMploY[ wimarily in CaTdiff and the Awroundwg areas, for the public benefii. la re¢ent limes our main ha8 been to work with children and adults to imptoye their quality of life thrwgh an appre¢ialiott of IwDitig - wllether that b¢ through help with Core skdls OF literacs aDd DuJn¢rncy. itnprovtd Cotimiunication skilLs OrapeCialiott of rethg. music and the ans. ACE Cardiffs Iarning Club aims io stimula young peopk's ¢nthu5i&sm for karniDg in the Bu*town and Grangetowo areas ofcatdiff. in order thai they frel more confideoL iti theirabiliiieg to face the per8onaL acodemie and s(Kial ¢hall¢nges that iafe brings with it! We worL in parinersknp with others w anake 5UTe thai 8essioos aTr: E]Jjoyable Exeiting li is importsttt thar we help yowng peLTsle to: . 1ve prablcms • ov¢r¢ollke collfid¢uc¢ i5SU¢S . ¢xp¢rimcnt with th¢ir Icarning • budd TelatiODships within and (XLtsid¢ their cornrnuThitie4 . have a'$8f¢ learning ¢nviroDmcnt'
ACE CARDIFF LIMrfED TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2023 0EcT5 OF THE CHARrrY, PRINCIPAL ACTIvrriF3 LND ORGANISATIOY OF WORK (CONTINUED) In rwoos¢ to an obvious need in the community. thechatity a180 a YaTi¢N of rn£d and single-sex ESOL c1&8S¢$ in the Buietown. Grangctown and Ely ar¢asof Cardiff. including refi]gtts and asylum seek4 with the atm of ESting the of s¢ttliD8 in Wales and bwoming economiY seAf-suificienL Classes of up io 10 are aimed prsmarily at seal Pre-Entymd Entry levejs. from beginners onward Each Cla hasa texher who is qualified both acwJemi¢ally and through prdctical experience. In a(kth'tioo a teachirtg lSllt is al%0 prtttnt to wpwrt the tutor and provid¢ ividuat atteu¢ioD. The chariry is organi8ed so thit the Board meet rylarly to nwe its affaiTh All 5tsff aTr engag in eharitable activities REVIEW OF DEVELOPMKNTS ACTIVITIES ACHIEVEMETITS As w¢ approath a new a¢lemi¢ year. we wand to Trflt on the su¢¢tss&4 and challenges experienced durtttg our fTh year of fidItig frotn The National Lortery Commwty Fund The securiry frDm h8%iog funding in platt has no doubt allow)J us to fo¢u5 ourefforts on deliveryof ourproj¢¢ts. Re$tidI to the fethck from ourbenefi¢iaTies we have increasedourprovisions goo place4 as well as reduCu them in otheJ3 where tlw were long¢r lleede(L In November of Y022. we stsrte41 a tria18cssioti ¢bil¢tren the basi of cothng Icompu¢¢r prograTnming). Suppon¢d by m of our ex1]ng volunlttrs with computitig knowldg¢ and using frt¢ karnillg tllat¢riaJs provided by the Raspberry Pt foundaiiotL we invited childreo to join the st&8ions host¢d by our ptheT venue at Gret0M Hub. The sessionhaslvn well auended ona weeklybasis sit)¢e and we hMvepla to an additional hourw ¢0MOda a sttond wup of cbildrffj as well as the early stsges of prepaJation for a seeood club tn Butetovm. We hav¢ changLxI our CXWtstioL8 of s810$ run during holiday pcricxts. Half.tLYm and Eer have proved popular. but the numbu of SLIMXi1vItitsproVided by the Icul alltrity and ottryouth orgam'sations has resultcd in low tsllnouts for some of our own 8ummer activitics. We have decided to tea89e our plans for next SLEU]mer, with the SSibIlity of providing g)Tuethwg more strnctured uch &8 drdma or music activities that patellts register for beforehaTrl Trther the"¢knpin" apptyach tried previously. Our ESOL rmJf%t ceLd onlirte se&sioLs in rew feedb¥k from knefieiaries. In Butetowtt this was rq>lac¢d The provision it Grdn8e Pavilion will be ¢xtrtsJed from l kn 1.5 hour5 thle feedback from 9ttende fjd we have added a new session in Gtwetown Ilub whiGh aiou8side our cbildren's Ltsning Club suppornng parents ofthc children t¢od. We c¢tebrad the swce&8 of both attd ESOL in att event ]Id tD the Cotmthwty Centre. The event achie1 the highcst atklldance of student8. pfjreDts andparthus ai any of these eÉJd of year celebration8. FUTURE DEVELOPMENTS The trustees to revt¢w th¢ compmy's activiw together with other 0[wlIeS that fit with its objecL8. aT will provid¢ a kvel of support consistent with its ability amci fDr fwMILng. It is antwipated that F)th th¢ le8rnill8 SUPP)rt aryl the ESOL Cla& will gradually expand around our Te activitae8 and 8eO8raphies.
IUSKS POLICY The trustert actsvtly revi¢w the tnajor ri¥ks that the cknrity facts a regular basis ar#1 believe that on80ing reviews of the financid tx)sitioJL establishin8 adequate re5¢rvc4 will provide sufficient rwUrc. in the event of adverse conditi0Trs. The trLL%iees also examine other operatsonal TisL4 f1 by the Glwi"ry attd have othbli8he41 sysrems ro mitsgate any SIlf1¢8[ Tisks. RFSULTS The reIts for the year al & ¢lwity'$ fnJan¢ial p)sition at tbe end of year are in the attached fuwicial stsietlleots. The charity recefftved the firstof fow year's fimdin8 froth The National Lottery Communty Fund. People P]ac¢8 3 which bas enablol us to COLnryxntt ¢)ur strategy to pad and develop ourprovL8iO RESERVL8 POLICY The trustees have examined the level of reserYe8 held at the year-eI in lighi of the main Tisks faeing the or8atiisatiOJL A policy ha8 been estsblished to maintsiD ffiCient free reserves equIlellt to med the imm•Jia needs of th¢ cl)lln'ty in the cveniofa 8crvi¢e i•lio The free teserves of a dwity t¢pr&sent the funds freely avai]abk to speLIL Jn caiculali4 the fre¢ resern the The policy is reviewed by the OD ao ongoin8 basi& GOING CONCERN H¥4vin8 cotis1 W8et attd rash tlow ptoi¢¢tiotis for & next twehr TJKmths, the thJstee5 are confident that the ¢]Mrity will contmlle to meet JL4 liabilitie5 as they fajl du¢ for foToYeable fvture and corL5ider that there are no nIatu1 utteertainues aboui the Tr$¢5 ability to ¢otttiDue as agoiDg It is consi appropriatr by the ttlLSte¢s w prepare the finl 8tslemenTS on a 80iog concern basis. DIRECTORS AND TRUSTEES Recrultm¢4t and AppoiRtment olnev All directo[5 of the cottEpany are 4150 trustees of thE ch8tity for the purp of chatiry law and thue are Do ¢xher 1]8tr¢& Perwn8 may be appKTrind by the clwity or by a pAPtIOn of tbe other directors. THE TRUSTEL8 Geoff Hollett ICThainll80) Stuart Cox ITre&urer) Hekn Ed8eworth Luay Karrar Dr Ernily Morris Alttia Trigger Sub8¢quettt to the Year¢n Geoff Hollett str&Jd down as Choir Alina TEigger Sutes1 that rtTrk.
ACE CARDIFF LIMrrED IIYDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ACE CARDIFF LIMITED I rewrt 10 the tru51ees on my uamirfation of the finmKiai ststem¢nts of Ace Cardiff Lilled {'the charity'l for the year ended 30 June ?023. Responsibilities and basi5 of report As the t[tee8 of the mpallY {aDd aLY its d1CtorS for the purtK)w of company Ea) you are spOnSt 1¢ for the preparation ofthc financial Mjtenknts in xcordance with the uIreMetits0f the Companics Act2006 fthe2006 Ac¢'l. Having satisfied myself that the accounts of the cornpatty are tM)t requid 10 be audiicd ijnder Pan 16 of the 2(X)6 A and are eligTble foT inlkwdent examinatio I in res of my examirtalioD of the ch8rity's aee(Mu)ts ag carried out under 110 145 of the Charities Act 2011 {'the )01 l Ael'l. In ¢arryillE Out my exaThination I hav¢ followed the Directions given by th¢ Charity Cotnmiuiott under 8¢ctiOD 145(5Mb) of the 2011 ACL Indepelldellt wAaMir.5 rt4teme&t I have completed my examitiation. l Confism that have come my attention in ConttiOn with the examitution g1vU me c4u5e to beliew. a¢¢ounting r0% were not kw tn rEWI of the charity as fEqUiTed by tttion 386 of the 2006 A¢i or tht fmanGial wtem¢nts do aol comply with the a¢c(rtmtiD8 re4wirErnents of Wtion 396 of the 21x16 A¢1 other than any requiremeni thai the Ou ve a.tre at¥1 faiv vicw 7whE¢h is a mattr coTr8idered as part of atl independent examination; or the firlat ststements ha¢ not beert PTepaMI irt xcordance WEth the meth(x18 and principles of the Statement of R0[De[l PCtiC¢ for aecouniing ttod rewting by ¢han"ties appILble to chartiies preparitig tbeix accounts in xcwdan¢¢ with Finwiai Rwtitig sdd ar011 in the UK and Republie of Jrelmd ffRS 102} be drawn tti this rewrt in (xd¢r to rnable a pw u[thTsttdillg of the p&coJllts to be reached. sId L.S.Cobell FCA Elldependent Examkn¢r Gordon Dowll & Compally AtCOliDt•#ts Temple Court 13A Cathedral Rod C4rdlff CFII 9HA
ACE CARDIFF LItr[ED TRUSTELS REPORT RESPOL¥SIBILmES OF TRUSTEFS The trnsiees Iwho ar¢ ajg) the directorn of the compffj f0rthepMp orpanY law) are fvprcpari the Tnkstt AnnuaI Report and the f¥Ial slaiements in wrdance with allble law attd the UDitgJ Kingdom Accounting Standards (United Kingdom Generally Accqjted Accoulltiog Ptir). Comp4ny law trquires the tnLS*es to prepare financial tsteEnents for fiwnciai year which give a and fair view of the srate of affairs of the charitable compaoy and of th¢ Incori rcsourn a1 appltcation Of resource including the income andexdI, ofthe charitsbleconwallyforthat MML tn preparingthese financial statejnents, . Select suitsble aecountittg poli¢i&s and apply than • Observe the metboth and prillGiples xti thechatities SOPP. . Make jud8earllts al ¢1[nateS that are reasonable and pruden¢ • sta whether applicable UK A¢countiJig Standards hxve Etell foIlow4 sllbj to any n]atl41 deptrtw disclosed aud &ylained in the fUClaI statr¥n company will toutinue ill operation. Thc twste¢s ar¢ T¢Stm51ble for kwing prquxcountiffjg rttffils that dilOSe, with reamble ac¢mcy at attylin, the finla1 tltiOn of the charitabk ccrfnwiy enable them to ensure that the finauciai $rat¢ellts ¢omply with the Companies Act 2(M)6. The are a150 responsible for Safegu the assets of the ¢lwitable at)d INDEPENDLNT EXAMJThER DECLARATION SigJ)ed onb¢ the ctiaritys tr
ACE CARDIFF LIMITED STATEMENT OF FINANCIAL AcrivrriES (illeorrtIllg the 1COe and exp¢Dditure 4¢eollnt) FOR ThE YEAR ENDED 30 JUNE 2023 2011 2022 Funds T•tsi Total In¢018 Res•urtts Voluntary Illne Othtr Incl 8ffj54 7&8?6 85.480 504 20.452 504 Total Infomthg Ruoir 9.151 85.984 Rewur¢¢s Expthd¢d Ch8ritobie ActivitS -733 68.19 76J22 48,493 Total Raourtu Exp¢nthd l733 7A822 48893 Net EDcOllwlltspltrrt) for theyoar 425 &737 9.162 127.947) TrnDrfers btttv¢¢o Nrt movem¢ni In ftynd¥ 425 9.162 {27.947) Fr¥l¥ brwh¢fon¥trd 2119 5J37 7.776 35.n3 Futtds¢4rrled forward 14374 IQ938 7,776 The statem¢rtt of fiiittt¢iaJ activiti¢s includ¢s atl gains and ILWS [Wid in the pr. All income and Pendire derive frc8n contiDuithg activities.
ACE CARDIFF LIMTTED BALANCE SHEET AS AT 30 JUNE 2023 Current8Mets Dd)ior5 i• 832 4179 Cash at bAnk 1&696 7261 Igj29 Credlton." AMots faEIIDg due vAthlu year 2J et trrent 16.938 7.776 Total &v¢ts ellrrmt Ilabliltl 16.938 7.776 Net 11938 FIDds GL81 Unrestrioal F 1665 Rtsrrietal Funds 14273 5537 7,770 The dir[ ackw1ge thThT Testtstsibilttics c1mplyu with th¢ ofthe Cawits A¥X 2W6 wtth rwt their Ethlf by.
ACE CARDIFF LIMrtED NOTES TO THE FINANCIAL STATEMEiYrs FOR THE YEAR ENDED 30 JUNE 2023 l. GetraI ltsfgrniatio The charity 1$ 8 public benefit eniity and a privak compw limited by guarane. register&l irt England and Wal&% and a regist¢red charity in Engi8rd aNI Wale& The addEW of the registercd office is 113-116 Bute StreeL Cardiff Bay, CFIO SEQ. 2. Statement of eomplln 11)ese fmaneial 51atements have b¢¢n PfEpaTed in ¢omplt"an¢e with FKS 102. 1¢ Financial Rrtu Sndard applicable in the UK and the Republic of Ireland.. the Sthiemeni of Recommend htice applicable to charities preparing their accounts in a¢¢ordaace with the Financial Rcponing StsTrdard apptieable in th¢ UK and Repub]ic of Ireland (FRS 10?) (Charities SORP (FRS 102)) and the Clwilies Act 2011. 3. Aecounting polides Ba5i3 of prepariiion The finan¢ial statements are prEpared in srling. which is the fiJnctio0 c4llfEncy of the entity. Going ¢oneern Having ¢onsidered tbe c¢)ts8eqll of Covid.19 and other events aod COndtti( the trustecy are confident that tbc chariry will continue to meet its jiabkiiues &8 ty fall due alld collsider that there are no material utt¢ertaiotie$ that inwact the goin8 WLfCrn bsis irmg used to prepare fEoancial swetneut& Discloswe exempiion8 The en¢i¢y Sati5fi¢s the CTiieria of Fting a quatifyitig eniity deflld in FRS 102. As such. advantage h&8 been taken of the di5¢1osure exemption available unthr Fyragraph 1.12 of FRS 102 llot lo prepare or disclose a Gash llow statement. Jmdgements key SOVT¢es of estinln un¢ertsiDty The preparation of the fuwicial $tatemeDts rwiires Jnanageme4t to make judgemenw estimatG% and aswmptiolls that affect the atnounts reported. These estimate5 aod judgcmcots atr continually reiiewa andare bd expenence4md oth¢r factors. incluthng expectatioN of futur¢ events that are believtst to be rcasonable th¢ Gircum8rawes. Significaniiudgemenrs. lkn are curreDdy no kry j¢ellts that mana8em¢N h&$ tna& ID the priw of applyTng entitys aecouniing w)li¢ies that bave a sft8tilft cffect (#) the recognised in the financia] statements. Key swrces of esiimation uncertainty- Thixc are currnitty rm) key a&5umpti(ms orother sources of e5timatiort uncertatnty thai have a signifiwt ri8k of causing a material adjysunent to the caIllg amounts of &48¢ts and liabih.ties withio ¢lLe Dext fla1 year. tncome tax The ¢han"ry is exemw from tsx on its charithbk tiViti&l.
ACE CARDIFF LIMrrED NOTES TO THF. FINANCIAI. STATF.MENTS (coTINuED) FOR THE YEAR ENDED 30 Juf4E 2023 3. Accounting policies {continued) Fand Atcollllting Uttrestrictrd fuThJs are available for we at the th"scretiotL of the trust¢¢5 10 any of the clhatitys [pOSe$. Designaloj fi]nds are unrestricted funds earnwkd by tbe ftjr partieular ffith1 project or cornmitmeni. Rtstricd fiuJ&8 atr subje¢td restrictions oll their expendittur Ikcjared by the or through the tel of an 8ppeaL aod fall inio oue of ttvo sulKl&ws". restricd incomc or fi]nds. rewurees All irwing resources lEIlld¢d ID the 8iat¢ment of financiat activiiies wheo entitteml h&$ passtsj to the charity. it is probabk that the econOlC benefits aSSlated with the trdThWtitsD will flow to the chariry the amount cao be reliably measured. The followitig $ifiC policie8 are apphed to panicu]ar Categori of IOe. income from th)natiotss Ot grants is Tecognisoj when there is evidetice of entitlement to th¢ gifi. ree¢ipt is probable and Lrs amount tan be meurEd reliably. legacy ineome is reCognd when receipt is probable and entitl¢meot is blIshed. income from dojjad grdS is meawred at the fair value of 8) unless this is impractical to M¢ure rel]ably, in which ¢tsc the value i% derived from the to the donor or the eStll resale value. DoTWt¢d facilitie8 and 5erYi¢¢% are re¢o8llL5ed in the accounts when rtteiycd rfthe Y41ue can k reliably measured No amounts are included for the cotttribution of general voiunteeK& Encome from contracts forthe s7]pplyof serviLts is recog015 with the dejiveryof the cotstrtcd serviL¢. Thig is ¢l&Ssifi as untestijcJ fi]nds wile55 thetc is a con¢[acti1 rew1Ment Eor it to be spent on a particular purpose and return if ynspeDL in which case it may be regaTded a5 re5tri¢ Resource8 expended Exp¢ndtttwe is TttWki8ed on an ac1$ bLS as a liabtlity is iticurt&l Ex1e includes 8Hy VAT whi¢h cannot be llY recover. aThl i8 cla&8fftfi¢d under headings of the sthtement of financial a¢tiviiTes ro whieh it relates.. expthditure on rAisin8 6Jnds iD¢ludes the ujsts of dll tiVItie6. evellty nott.chatithble trading activities, and the sale of doDat¢d g(xyJ& expendiDJre on ¢haritabIea¢tiIl&fj iAtludes all CO incurredbya charity in undertakxng tiVItieS tbat further its charitable aims for the benefit of its trnefictaries. illcludmg those suNrt costs o)Sts relating to goveEnance of the ¢FLarity app)rtioned to Charitable a¢uviti< oth¢r ex.1re inclth all expenditure that is neitherrelknl to Taising fuThis for the charity nor part of its expenditwe on chBrEtsble aGtiviti All costs are allocated LO expenditure ¢agories fiting the use of thc rwurce. Ditttt $ts attributable a singk activity are Allocated directly to that &tivity. Shared costs aTe wru(ffjoJ between the ¥tiVIti they contriite to on a re&sonable. justifiable and Co4]Stent basis. The charity only fJDan¢ial assets and fiTwiciaJ I]111]eS of a kind that qualify &$ b&sit fllwictal IDstiumen Basic fmAnci&l instnnts are tnittally at rrawiioo value and sUiwueTrY me&sured at their s¢ulement value with th¢ ex¢eptÈon of baDk102Ns whi¢b would be gthequcndy me&%utoJ ai the ¢Illg value plus accwed interest repayment&
ACE CARDIFF LIMITED NOTES TO THE FINANCIAL sfATEMENfs (CONTI,WUED) FOR THE YEAR ENDED 30 JUNE 2023 3. Accouniing polities {tontioued) Defiaed colltributioo plans Contribulron% to def LYIntntion plan8 arc wnibJ an eXpern¢ Èn the period in which the ttl&ted service 18 provided. Prepaid contnbUtiO are recogoiKd as an to th¢ exknit that the prepaymellt will lead to a Teduction ID fijwte payEuents or a Cash refimd. Wh¢n Contr1ttiOnS are nor exrKcttsl kn be settled wholly WEthin 12 month5 of the end of the reponing date in which th¢ erllployees r¢nder the reiat¢d seNi¢e, the liabiltty is mthSUToJ on a di(MmtuJ present Va basis. The unwinding of the discoulli is recogni8<1 gn expellse in the pen(J io which afists. 4. LJmit¢d by guarDtee The ¢harity o)mpany is lio]i*d by guarawff. 10
ACE CARDIFF LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 2022 Fwnds Total Voluntary IAc•mt Grttts tloDgti•Ds NaEN)ndl Louuy Commuuity Adult Le1% Wal¢s Catdiff Cuun¢il IrKiivId (knatiths 76.4(X) 76. 7J35 7J35 IJ 407 407 19 19 38 38 Oarfidd W¢#( NY Trust 10.( 5.(M)O 76826 211.452 Othor ltstome Sunthy In(om¢ 5(hl SIH To In¢oAlugRtwrr 9.158 76J26 20546
ACE CARDIFF LIMITED NOTLS TO THE FINANCIAL STATEMENI3 (COhrylNUED) FOR THF. YEAR ENDED 30 JE 2023 Uxrrstrict Restricted 2023 2022 Vuth FMds Tot1 T¢al Cott of Charlt4ble Aeiivitks M•weJ¥•t & Costs Stffiog Co Salari 41.581 42.121 30,1) CLI)cY Tutor fc¢s 162 162 550 4.813 8292 13.105 Volunteers f¢cs and # DBS Checks 233 233 105 148 148 183 5J53 50,416 SS769 Rent and res 3J80 10.616 6.479 Telep1¢ and iniertxt Repairs artd maiE)tenance 415 3J 7,727 I 1.107 Cetternl Administratlvt Expense• Bank charges and inierest l57 157 452 452 Wd>sir¢and mark¢tittg 987 987 478 780 673 Office wplies 6)7 637 249 3013 3,Q13 Other Expes Exwsed equipment E¥¢nt and fccs 1422 1788 2,422 2,788 1.909 maw15 1,195 1.195 1,320 TraIng 528 528 933 6.933 4,756 Totsi Ct of Charltthe Acdvlths &733 76J22 48,49J Tot1 Rewllrtu Expended &733 76422 493 12
ACE CARDIFF LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 INdep¢Dde•t ex¥minatlon fees 2023 2022 Fees py2ble to the indepetht exami for. Independeni Lxaminaiion of the ¥tat¢mthts Other finaRcial services 165 165 495 495 6fA) StaffiDg The average head rouni of¢mpioy¢es during Year 4 (2022- 4). No ernployees recetved employee Imefits of ts[¢ £60.(XM) during the year(2021- Nill. TrDstse remuuer¢t•Tr and No tnLSEets reoived any remOTr orother i%nefits during the year end 30 June 2023. There w¢Jr no exp¢Th ld for theyear ended 30 JUT 2023. 10. Debtors 21)23 2022 Sundry debt5 832 1179 11. Credltors: Amounts falling within •tte year 2011 2022 Payroll 398 235 AcwJnlancy 1320 Sundry 872 769 12. Pens(ons oth¢r post-rettrellllt Is an exnSt in retlOtt to Ikfined COntnOll plw w&s £613 (2022- £480). 13
ACE CARDIFF LIMITED NOTLS TO THE FINAI¥CIAL STATEME.YTS (CONTINUED) FOR THE YEAR ENDED 30JUNE 2023 13. Fund Bal¢¢8 Balatttes Transfers Balan¢ts t l July 2022 Movement brtweeD fndS 30 2023 Utwestrict&l FuThl% Resthcted Funts 2239 415 5.537 8,737 14.?74 Total Cbarlty Funlts 7.776 9,162 1(938 14. AnYth ofxet wets b¢tweett f Restrieted T(•tsl fnth fund8 F•ads Totsj funds 2022 16.863 19.528 Cjtdirots less than one year N¢¢ lets (2J901 14273 (2,59)) IA938 11,6641 7.776 4665 l& Relxt¢d party ¢rTrsactio There wae no related party tran5acr1oS during the year. 14