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## 

|Report ofthe Trustees|||||
|---|---|---|---|---|
|hsdependent<br>Bxaminer's|Report||||
|Statement ofFinancial|ActMttes||||
|,Balance Sheet||9|to|10|
|Cash Flow Statement|||||
|Notes to tlM Cash Flow|Statement||||
|Notes to the Fmancial Statements||13|to|24|





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|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted||Total|Toad|
||Notes|funds||funds|funds|
|INCOME AND ENDOWMENTS FROM||||||
|Donations sud legacies||||||
|||||271||
|Charitable adivittes||||||
|Other Income/ Exyensek<br>Grants||5.87,319<br>1/00|19,463|S87,319<br>20,663|430,861<br>68354|
|Other.trading activities<br>investment<br>income<br>Other inc'orna||273<br>738<br>5/22||2'75<br>738<br>5,222|333<br>2,954<br>1,631|
|Totsi||595,023||614,486|505,068|
|EXPENDITURE ON||||||
|Raising funds|6|13,466|||'/,580|
|Charitable<br>activities||||||
|Other Incotnc/ Expenses||540,472|15,096|555,568||
|Total||||||
|||553,938|15,096|569,034||
|NET INCOME||41P85|4,367|45,452||
|Transfers between<br>funds|18|4„367|I'4,367)|||
|Net movement<br>lu funds||45,452||45,452|5,772|
|RECObiCILIATION OFFUNDS||||||
|Total funds brought forward||63,086|||57,314|
|TOTAL FUNDS CARRIED FORWARD||108,538||108,538|63,086|





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|||||2022|2021|
|---|---|---|---|---|---|
|||L'nrestucted|Restricted|Total|Total|
|||Smds|funds|funds|ftmds|
|PIXEI}ASSETS|Notes||8||6|
|Timgible assets|12|7,447||||
|CURRENT ASSETS||||||
|Steaks<br>Debtors<br>Cash at btmk and in hend|13<br>14|506<br>22 949<br>251,442||$06<br>22,949<br>251,442|620<br>15„377<br>231,294|
|||274,89'7||274,897|247,291|
|CREBIT4}RS||||||
|Amounts Stiiiug due widnn one yee|15|(732106}||(73,806}|(79,42?}|
|||201,091||201,091|167,864|
|T'OTAL ASSETSLESSCURRENT||||||
|LIASILITIES||208,538|||168„086|
|CREMFORS||||||
|Amounts<br>falling due after more than one year|'I6|(100,000}||(100,000}|(105,000}|
|||108„'538||108,538||





|Cash gates grass nperat)ng<br>aettvfttes|||||
|---|---|---|---|---|
|Cash genenned<br>gtnn, operations||i|2;l„i62|2,75¹|
|Net oath providedby<br>operating<br>activities|||2'Z.itvt|2.7$¹|
|Cash gnws frees lnves@ag aetivithn|||||
|Pntetnne ofntngible gsad assete<br>Saleoftangible<br>f)rted eaters|||(7,752)||
|interest reeefved|||||
||||738||
|Reressb (eser1 in))provided<br>h7 invest'ant sodvitiet|||f72)t¹)||
|Change in cash and sash ertntvstents|tn the||||
|teyortlng<br>peFRlil<br>Casll end cash egldvalents<br>attile hegintdsg<br>ofthe veptn¹htg petted|||20,l¹8<br>23)29¹||
|Cash stat sash sttutvateats, at thn end|oftbe||||
|reps&ad yetbtg|||25IW2||





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||||2022|2021|
|---|---|---|---|---|
|Net income forthe <br>Activities)||repas Eng period (asper the Statement ofFinancial|X|I|
|Adjnstments<br>tort|||||
|Depreciation<br>charges|||||
|Interest received|||527|950|
|Decrease/(increase)||in 'stacks|{738)|(2,954}|
|(Increase)/decrease|in debtors||114|(415)|
|Decrease in creditors|||(7,572)|4,908|
||||(10,621}|(5,507)|
|Net cash pro'vhled|by operations||27,162|2,754|



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|||At I/O/21|Cash t}ovr|At 31/3/22|
|---|---|---|---|---|
|Net cash|||6||
|Cash at bank and in hand||231,294|20,148|251,442|
||||20,148|2S1,442|
|Debt|||||
|Debts falling due ndthin<br>I year<br>Debts falling due ader I yem'||(5,000)<br>(105,000)|5,000|(5,000)<br>('ll00,000)|
|||(II'0,000)|Sd}00|(105,000)|
|Total|||||
|||i21,294|25,148|146,442|





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||||2022|2021|
|---|---|---|---|---|
|||.Activity|||
|Nursery income<br>Conferences<br>Managed workspace/Room||Other Income/ Expenses<br>Other htcome/ Expenses|443,323.|322,993<br>21345|
|hire<br>Grants||Other income/ Uxyeuses<br>Grants|78,540<br>20,,663|86,523<br>68,554|
||||60'7,982|499,415|
|Grunts received, included in tbc||above, are ss fottowst|||
||||2022|2021|
|Corouavlms<br>Job Retetrtion Scheme<br>City aud County ofSutta/sea<br>Covid ReliefSustatnability<br>Grant<br>CYP Sustainability<br>Omit<br>Cbgdcam Offer Small Capital Grants 8100K<br>Childcare Offer Small Cayitsl Grants/<br>125K|||3,999<br>1,200<br>7,000<br>2,000<br>6,464|59,608<br>8,946|
||||20,663||
|Ottrer leading activities|||||
||||2022|2021|
||||13,466|7,580|





|||~TO~a|Dere(tgLment+rgst I.t'ai,|Dere(tgLment+rgst I.t'ai,|Dere(tgLment+rgst I.t'ai,|||
|---|---|---|---|---|---|---|---|
|||I(o~s+~SIM~BLSiu~||||||
|7.|~fo Ste Ye~ar <br>CIIARITARLK ACTIVITIES COSTS||En ~3Ma~2022|||||
||||||Direct<br>Costs<br>k|Support<br>costs (see<br>note 8)|Torah|
|8.|SUPPORT COSTS|||531.084||24,484|555,568|
|||||||Governance||
||Other Income/ Expenses|||||costs|Tots)s|
||||||||8|
|9.|NKT INCQIVIE/(E)O'KNIMTURE)|||||8,693|24,484|
||Net income/(expenditure)<br>is stated|aSer charging/(crediting);||||||
||Depreciadon<br>-owned assets|||||||
|10.|TRUSTEES'RKB/IUNKRATION|AND REhlKPITS||||||
|There were no treatable/<br>mmuneration<br>3'1March 202L<br>Trustees' expenses||or other beneSts||for ihe year ended|31 March|2022 nor for the year|ended'|
|There,were nu trsvet expettses paid to tnmtres/directors|||during fhe year [2021:Q(gl|||||





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## 

|STAFFCOSTS|||
|---|---|---|
||2022|2021|
||8||
|Wages and sahuies|394,005|351,844|
|Social security costs|14,493|11,033|
|Other pension costs|4,982|4,165|
||413,480'|367,042|



## 

|2022|2021|
|---|---|
|33|32|



||||Fixtures||||
|---|---|---|---|---|---|---|
|||Plant aml|snd||||
|||machinery|fittings|Equipment||Totals|
|||||8|||
|COST|||||||
|At I Apnl 2021|2,035||30,892|63,054||99,816|
|Additions|||2,608|5,144||7,752|
||||33,500|68,198||107,568|
|IyEFIIECIATrOPI|||||||
|At I April 2021||3,835|30,862|||99,594|
|Charge thr. year|||101|||527|
|At 31March 2022|2,035||30,963|||100,121|
|h%TIIOOK VAJ.UE|||||||
|At31Mareh 2022||||4910|||
|At 31March 2021|||||192||





||||2022|2021|
|---|---|---|---|---|
||||6||
|74.|DEBTORS:AhdOUlrfFS FALLIIttG|DUE 'WTITIIN OlVE YEAR|906|620|
||Trade debtors||2022|2021|
||Other debtors||||
||Prepayments||13,862|S,19$|
||||'9,087|694<br>9,488|
||||22,949|15377|
|DL|CREDITORS.'AMOUNTS!ALLlhIG|DUE %1THIWOIVE YEAR|||
||Other loans (seenote 17)<br>Trade creditors||2022|2021|
||Social securit7 and other faxes<br>Other creditors<br>,Accrnats and deferred incnnm||5,000<br>7,12I<br>2,564<br>IS,198|6,000<br>8,748<br>2,024<br>17,495|
||||40,023|46,160|
||||73,806|79,427|





|8K|CREDITORSt AMOUNTS EAL1 1NG DUE AFTERMORE.TRAN ONK YEAR|||
|---|---|---|---|
|||2022|2021|
||Other loans (seenote 17)|100,000|105,000|
||An atudysts ofthe maturity ofloans tsgreen below;|||
||Amounts<br>failing due within one year, on demand:|||
||Other loans|5,000|5,000|
||Amounts<br>fatting between one and two yearat|||
||Other'loans-<br>1-2years|5,000|s,ooa|
||Amounts<br>ihlling due between two snd Kve years:<br>Other loses -2-5years|15,000|15,000|
||Amounts<br>falling due in mom than five years:|||
||Repayable by instalmerits:<br>Other loans more Syrs metal|80.000|85,000|





## 

|||||Net|||
|---|---|---|---|---|---|---|
|||||movement|||
||||At U4721|hr funds|||
|Unrestricted<br>funds|||S|8|||
|General fund|||||||
|Des(Seated Fixed Asset Funds<br>Covid Relief Sustainability<br>Grant|||62,S65<br>221|40,412<br>(527)<br>1,200|(2,185).<br>7,752<br>(1/00)|101,092<br>7,446|
|Restricted funds<br>Childeare OfFer Small Cay(tat Grants<br>(6100K)||||41,08$|4,367|108,538|
|Chitdeare Offer Small Capital Grants<br>(6125K)|||||||
|CYP Snstainability|(hant|||5,999<br>(1,477)|(5,999)<br>1,477||
|||||4,367|(4,367)||
|||||45,452||'108,538|





## 

|||||hrcotning|.Resources||
|---|---|---|---|---|---|---|
|||||resources|expended||
|Unrmtstcted|funds||||||
|Genera) fund||||593,823|(553,411)|40,412|
|Designated Fixe!Asset Funds|||||(527)|(527)|
|Covid Relief|Sustctnahility||Gnmt|1300||1,200|
|||||595,023|(553,938')|41,085|
|Restricted frmda|||||||
|Coronavinn|Joh Retention||Scheme|3,999|(3,999)||
|Childcare Offer Small Capital Grants|||||||
|(6)00K)||||2,001|(2,156)|(155)|
|Childcare Offer Small Capitd Gr'ants|||||||
|(6125K)||||6,464|(465)|5,999|
|CYP Sustainahility||Grant||6t)99|(8,476)|(4477)|
|||||19,463|(15,096)|4,367|
|||||614,486|(569,034)||



## 

|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1/4/20|in ftnrds|31/3/21|
||||||6|
|Unrestttcted|funds|||||
|General fund|||55,743|7„122|62,865|
|DesignatedF)xed||Asset Funds|1,571|OP&0)|221|
||||57,314|5.772|63,086|
||||57,314|5 772|63,086|





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## 

## 

|Unrestricted<br>funda||||||
|---|---|---|---|---|---|
|General fund||||||
|Designated<br>Fixed Asset|Fumla||437514|(430392)<br>(1,350)|7,122<br>(1,3'50)|
|Restricted funds.<br>Comnavnus<br>Job Retention Scheme|||437,514|(431„742.)|5,772|
|City dr County ofSwansea|||59,608<br>7,946|(59,60S)<br>(7,946)||
|TOTAL FGÃitS|||67,554|(67,554)||
||||505,068|(499,296)|5,772|
|A current year 12months|end prier'year|12months combined position|isas follows:|||
|||At 1/4/20|||At|
|Unrestricted<br>funds|||||31/3/22|
|General feud||||||
|Designated Fixed Asset Funds<br>CovidRegef Sustainabiiity<br>Grant||55,743<br>1;571||(2,185)<br>7,752|101,'092<br>7,446|
|||||(1/00)||
|Restricted iisnds<br>Childcare Gtfer Sntatl Capital Gmnts<br>(8100K)||57314||4,367|.108,538|
|ChitdcareGffer<br>Small Capital Gmnts<br>(8125K)|||(155)|||
|CYP Sustsinahiiity<br>Grant|||5,999<br>(1,477)|(5,999)<br>1477||
|TOTAL FU)tt)S||57,314|4,367<br>51/24|(4,367)||





## 

||||||Movernsut|
|---|---|---|---|---|---|
||||||in funds|
||||||8|
|IJnrestrkted<br>funds||||||
|Gbnersl fund|||1,031,337|(983,803)|47,534|
|Jyeslgnatud<br>FixedAsset Funds<br>Covid Relief Sustainability<br>Grant|||1400|(1,877)|(1,877)<br>1,200|
||||1,032.537|(985,680)|46,857|
|Restricted Ihnds||||||
|Coronavtrus<br>Job Reteniirm <br>Cityk County ofSwansea|Scheme|||(63,607)<br>(7,946)||
|Cbt)deere OBer SmaH Capital||Grants||||
|(K100K)|||2,001|(2,156)|(155I|
|hildosre Offer SmsU:Capital||Grunts||||
|(f.125K)<br>CYP Sustainabitity<br>Grunt|||6,464<br>6,999|(465)<br>(8,476)|5,999<br>(1,477)|
||||87,017|(82,650)|4,367|
||||trtt9,554|(1,068r330)|51,224|





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