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2023-03-31-accounts

Page
Report ofthe Trustees 1 to 4
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 8 to 13
Detailed Statement ofFinancial Activities 14

f or the Year E nded 31 March 2023
31.3.23 31.3.22
Unrestricted Restricted Total Total
Notes funds
f		 fund
f		 funds
f		 funds
f
INCOME AND ENDOWMENTS FROM
Charitable
Activities		 2 8,640 423,494 432,134 415,869
EXPENDITURE ON
Charitable
activities
General
1,492 395,175 396,667 321,974
NET INCOME 7,148 28,319 35,467 93,895
RECONCILIATION OF FUNDS
Total funds brought forward 31,970 242,513 274,483 180,588
TOTAL FUNDS CARRIED FORWARD 39,118 270,832 309,950 274,483

CWM TAF P EOPLE FIRST
~BI ss
31Ntfifgjtxt~2
31.3.23 31.3.22
Unrestricted Restricted Total Total
funds fund funds funds
Notes f 6
FIXEDASSETS
Tangible assets 55,745 55,745 63,300
CURRENT ASSETS
Cash at bank and in hand 39,118 219,579 258,697 215,673
CREDITORS
Amounts
falling due within one year		 (4,492) (4,492) (4,490)
NET CURRENT ASSETS 39,118 215,087 254,205 211,183
TOTAL ASSETSLESSCURRENT LIABILITIES 39,118 270,832 309,950 274,483
NET ASSETS 39,118 270,832 309,950 274,483
FUNDS
Unrestricted
funds		 39,118 31,970
Restricted funds 270,832 242,513
TOTAL FUNDS 309,950 274,483

CHARITABLE ACTIVIT IE S
31.3.23 31.3.22
Donations 2,000
Other Income 2,779 6,742
Grants 429,355 407,127
432,134 415,869
Grants received, included in the above, are as follows:
31.3.23 31.3.22
Blaenau Gwent County Council 49,706 38,028
Rhondda
Cynon		 Taff County Borough Council 148,451 125,631
Interlink
Vol factor Grant		 1,400 3,250
Merthyr
Tydfil CBC		 14,794 14,961
VAMT 5,959
A8 Wales People First 765 3,250
Cardiff People First 1,104
Cwm Taf UHB 113,938 98,717
Hodge Foundation 14,036
Post Code Lottery 23,627
USW 2,500
Torfaen CBC 220 350
WCVA 1,042 9,373
National
Lottery		 Heritage 33,522 45,678
Freshwater
UK		 4,000
Lloyds Bank Foundation 2,250 25,000
National
Lottery		 Community Fund 13,000
Community
Foundation		 in Wales 5,000 1,000
GAVO 5,959
Disability Wales 29,174
Future Generation
Wales		 1,255
429,355 407,127
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.3.23 31.3.22
Depreciation - owned assets 13,628 11,560
Other operating leases 10,000 14,053

31.3.23 31.3.22
Administrative
staff		 6 6
No employees
received emoluments		 in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds fund funds
6 8
INCOME AND ENDOWMENTS FROM
Charitable
Activities		 8,742 407,127 415,869
EXPENDITURE ON
Charitable
activities
General
2,117 319,857 321,974
NET INCOME 6,625 87,270 93,895
RECONCILIATION OF FUNDS
Total funds brought forward 25,345 155,243 180,588
TOTAL FUNDS CARRIED FORWARD 31,970 242,513 274,483

TANGIBLE FIXEDASSETS
Fixtures
and
fittings
F
COST
At 1 April 2022 100,935
Additions 6,073
At 31 March 2023 107,008
DEPRECIATION
At 1 April 2022 37,635
Charge for year 13,628
At 31 March 2023 51,263
NET BOOK VALUE
At 31 March 2023 55,745
At 31 March 2022 63,300
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
8 8
Trade creditors 2
Social security and other taxes 4,148 4,148
Accrued expenses 342 342
4,492 4,490
MOVEMENT
IN FUNDS
Net
movement At
At 1.4.22 in funds 31.3.23
f
Unrestricted
funds
Unrestricted 31,970 7,148 39,118
Restricted funds
Restricted 242,513 28,319 270,832
TOTAL FUNDS 274,483 35,467 309,950
Net movement
in funds, included		 in the above are as follows:
Incoming Resources Movement
resources
f.		 expended in funds
f
Unrestricted
funds
Unrestricted 8,640 (1,492) 7,148
Restricted funds
Restricted 423,494 (395,175) 28,319
TOTAL FUNDS 432,134 (396,667) 35,467

Comparative s
for move		 me nt
in fun		 ds
Net
movement At
At 1.4.21
f		 in funds 31.3.22
Unrestricted funds
Unrestricted 25,345 6,625 31,970
Restricted funds
Restricted 155,243 87,270 242,513
TOTAL FUNDS 180,588 93,895 274,483
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
6		 expended
f		 in funds
f
Unrestricted funds
Unrestricted 8,742 (2,117) 6,625
Restricted funds
Restricted 407,127 (319,857) 87,270
TOTAL FUNDS 415,869 (321,974) 93,895
A current year 12months and prior year 12months combined position is as follows:
Net
movement At
At 1.4.21 in funds 31.3.23
f
Unrestricted funds
Unrestricted 25,345 13,773 39,118
Restricted funds
Restricted 155,243 115,589 270,832
TOTAL FUNDS 180,588 129,362 309,950
A current yea
as follows:		 r 12 months
and prior year 12		 months
combined
net movement
in		 funds,
included
i		 n the above
Incoming Resources Movement
resources
6		 expended
f		 in funds
6
Unrestricted funds
Unrestricted 17,382 (3,609) 13,773
Restricted funds
Restricted 830,621 (715,032) 115,589
TOTAL FUNDS 848,003 (718,641) 129,362

Detailed Statement of Financial Activities
1M r h2023
31.3.23 31.3.22
INCOME AND ENDOWMENTS
Charitable
Activities
Donations 2,000
Other Income 2,779 6,742
Grants 429,355 407,127
432,134 415,889
Total incoming resources 432,134 415,869
EXPENDITURE
Charitable
activities
Wages 218,904 184,117
Social security 17,548 14,194
Pensions 16,521 13,790
Rent 10,000 14,053
Insurance 2,022 1,228
Telephone,
postage, stationery		 31,903 17,833
Courses and training costs 56,665 54,478
Travel costs 27,477 8,604
381,040 308,297
Support costs
Other
Fixtures and fittings 13,629 11,560
Governance costs
Accountancy and legal fees 1,998 2,117
Total resources expended 396,667 321,974
Net income 35,467 93,895