## 

||Page|Page|
|---|---|---|
|Report ofthe Trustees|1 to|5|
|Report ofthe Independent<br>Auditors|6 to|9|
|Statement of Financial Activities|10||
|Balance Sheet|11 to|12|
|Notes to the Financial Statements|13 to|30|
|Detailed Statement ofFinancial Activities|31 to|32|





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||||||||31.3.23||31.3.22|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Tota<br>I||Tota I|
||||||funds|funds|funds||funds|
|||||Notes|E|E|6||E|
|INCOME AND ENDOWMENTS|||FROM|||||||
|Donations<br>and legacies|||||504,624||504,624||157,844|
|Charitable<br>activities||||||||||
|General Charitable||Activities||||343,265|343,265||460,569|
|Investment<br>income||||3|6,186||6,186||4,319|
|Other income||||5|||||37|
|Total|||||510,810|343,265|854,075||622,769|
|EXPENDITURE ON||||||||||
|Raising funds|||||380||380|||
|Charitable<br>activities||||||||||
|General Charitable||Activities|||146,926|381,580|528,506||578,288|
|Mentoring<br>Day|||||||||10,541|
|Other|||||1,042|220|1,262||1,861|
|Total|||||148,348|381,800|530,148||590,690|
|Net gains/(losses)|on investments||||(29,279)||(29,279)||(2,089)|
|NET INCOME/(EXPENDITURE)|||||333,183|(38,535)|294,648||29,990|
|RECONCILIATION|OF FUNDS|||||||||
|Total funds brought||forward|||455,138|38,535|493,673|'|463,683|
|TOTAL FUNDS CARRIED FORWARD|||||788,321||788,321||493,673|





||Balance Sheet|||
|---|---|---|---|
||31stMarch 2023|||
|||31.3.23|31.3.22|
||Notes|6|E|
|FIXED ASSETS||||
|Tangible assets|14|1,098|2,191|
|Investments|15|192,469|187,264|
|||193,567|189,455|
|CURRENT ASSETS||||
|Debtors|16|9,892|122,356|
|Cash at bank||603,229|200,942|
|||613,121|323,298|
|CREDITORS||||
|Amounts<br>falling due within one year|17|(18,367)|(19,080)|
|NET CURRENT ASSETS||594,754|304,218|
|TOTAL ASSETS LESSCURRENT LIABILITIES||788,321|493,673|
|NET ASSETS||788,321|493,673|
|IUNDS|20|||
|iinrestricted<br>funds||788,321|455,138|
|iestricted<br>funds|||38,535|
|TOTAL FUNDS||788,321|493,673|





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|DONATIONS<br>AND LEGACIES|||
|---|---|---|
||31.3.23|31.3.22|
||E|E|
|Donations|4,624|17,844|
|Grants|500,000|140,000|
||504,624|157,844|





## 

## 

||Grants||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds<br>f|funds<br>f|31.3.23<br>f|31.3.22<br>f|
||Moon dance||500,000||500,000|140,000|
||||500,000||500,000|140,000|
||Donations||||||
||Donations|&gifts|4,624||4,624|17,844|
||||4,624||4,624|17,844|
||Tota<br>I||504,624||504,624|157,844|
|3.|INVESTMENT INCOME||||||
||||||31.3.23|31.3.22|
||||||f|f|
||Deposit account interest||||86|1|
||Investment|account income|||6,100|4,318|
||||||6,186|4,319|





## 

## 


||||31.3.23|31.3.22|
|---|---|---|---|---|
|||General|||
|||Charitable|||
|||Activities|TotalActivities|TotalActivities|
|||E|f|E|
|Grants|||||
|WCVA|24282|||136,105|
|WCVA|26882|38,718|38,718|89,767|
|WCVA|27400|44,355|44,355|124,461|
|WCVA|27908|42.732|42,732|53,961|
|WCVA|29684|12,425|12,425|37,275|
|WCVA|29703|140,035|140,035||
|Prince|ofWales Charity Foundation|65,000|65,000|19,000|
|||343,265|343,265|460,569|



## 

|OTHER INCOME||||
|---|---|---|---|
|||31.3.23|31.3.22|
|||E|E|
|Gain on sale oftangible|fixed assets||37|
|RAISING FUNDS||||
|Other trading activities||||






## 

|7.|CHARITABLE ACTIVITIES COSTS|CHARITABLE ACTIVITIES COSTS|CHARITABLE ACTIVITIES COSTS|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|---|---|---|---|
||||||Direct|Support||
||||||Costs (see|costs (see||
||||||note 8)|note 9)|Totals|
||||||E|E|E|
||General|Charitable||Activities|487,125|41,381|528,506|
|8.|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||
|||||||31.3.23|31.3.22|
|||||||E|E|
||Staff costs|||||459,163|510,563|
||Event expenses||||||10,407|
||Travelling|||||23,711|16,567|
||Accommodation||&subsistence|||2,795|2,392|
||Meeting|facilities||||670|727|
||Training|& workshops||||786|70|
||Discretionary<br>funding||||||612|
|||||||487,125|541,338|
|9.|SUPPORT COSTS|||||||
|||||||Governance||
||||||Management|costs|Totals|
||||||E|E|E|
||Other resources||expended||1,262||1,262|
||General|Charitable||Activities|36,781|4,600|41,381|
||||||38,043|4,600|42,643|





## 

## 

## 

|||||||31.3.23|31322.|
|---|---|---|---|---|---|---|---|
|||||Other|General|||
|||||resources|charitable|Total|Total|
|||||expended|Activities|activities|activities|
|||||f|E|E|E|
|Rent, rates and water|||||9,794|9,794|14,218|
|Insurance|||||2,928|2,928|2,450|
|Light and|heat||||3 112|3,112|2,962|
|Telephone|||||7,181|7,181|8,275|
|Postage and||stationery|||2,373|2,373|4,145|
|Sundries|||||533|533|464|
|Subscriptions|||||4,428|4,428|1,956|
|Computer|&website costs||||2,707|2,707|3,696|
|Repairs &renewals|||||1,461|1,461|2,195|
|Depreciation||oftangible|and heritage|||||
|assets||||1,262||1,262|1,861|
|Bank charges|||||648|648|651|
|Investment||management|fees||1,616|1,616|1,979|
|||||1,262|36,781|38,043|44,852|
|Governance||costs||||||
|||||||31.3.23|31.3.22|
|||||||General||
|||||||Charitable|Total|
|||||||Activities|actwit&es|
|||||||E|E|
|Auditors'|remuneration|||||4,600|4,500|





## 

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## 

|||||31.3.23|31.3.22|
|---|---|---|---|---|---|
|||||E|E|
|Auditors'|remuneration|||4,600|4,500|
|Depreciation||-|owned assets|1,262|1,861|
|(Deficit)/surplus|||on disposal offixed assets|380|(37)|
|Pension|Costs|||19,826|21,992|



## 

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|StaffCosts|31.3.23|31.3.22|
|---|---|---|
|Wages 5Salaries|403,442|450,556|
|Social Security|35,895|38,016|
|Pension|19,826|21,991|
||459,163|510,563|



|||31.3.23|31.3.22|
|---|---|---|---|
|Chief Executive||1|1|
|Director ofOperations|||1|
|Finance Manager||1|1|
|Project Manager||1|1|
|Administration<br>and Human|Resources|1|2|
|Development<br>Officers||7|13|
|Communications<br>Co-Ordinator||1|1|
|||13|20|





## 

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## 

|The number<br>of e<br>660,000was:|mployees<br>|whose<br>e|mployee<br>benefits<br>(excluding<br>empl|oy|er<br>pension<br>cos|ts)<br>exceede|
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
|F80,001 - 690,000|||||1|1|
|During the year pension contributions|||on behalf ofthese staff amounted|to|64,275||
|COMPARATIVES<br>FOR THE STATEMENT|||OF FINANCIAL ACTIVITIES||||
||||Unrestricted||Restricted|Tota<br>I|
||||funds||funds|funds|
||||E||6|6|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations<br>and legacies|||157,844|||157,844|
|Charitable<br>activities|||||||
|General<br>Charitable|Activities||||460,569|460,569|
|Investment<br>income|||4,319|||4,319|
|Other income|||||37|37|
|Total|||162,163||460,606|622,769|
|EXPENDITURE ON|||||||
|Charitable<br>activities|||||||
|General<br>Charitable|Activities||154,994||423,294|578,288|
|Mentoring<br>Day|||10,541|||10,541|
|Other|||1,320||541|1,861|
|Total|||166,855||423,835|590,690|
|Net gains/(losses)<br>on investments|||(2,089)|||(2,089)|
|NET INCOME/(EXPENDITURE)|||(6,781)||36,771|29,990|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought|forward||461,919||1,764|463,683|





## 

||||Notes tothe Financial Statements<br>-continued<br>for the Year Ended 31st March 20?3|Notes tothe Financial Statements<br>-continued<br>for the Year Ended 31st March 20?3|Notes tothe Financial Statements<br>-continued<br>for the Year Ended 31st March 20?3|||
|---|---|---|---|---|---|---|---|
|13.|COMPARATIVES||FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|||||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||E|E|f|
||TOTAL FUNDS CARRIED FORWARD||||455,138|38,535|493,673|
|14.|TANGIBLE|FIXED|ASSETS|||||
||||||Fixtures|||
|||||Exhibition|and|Office||
|||||equipment|fittings|equipment|Totals|
|||||E|E|f|E|
||COST|||||||
||At 1st April|2022||6,024|9,954|26,511|42,489|
||Additions|||||549|549|
||Disposals|||||(13,720)|(13,720)|
||At 31st March 2023|||6,024|9,954|13,340|29,318|
||DEPRECIATION|||||||
||At 1st April|2022||6,024|9,318|24,956|40,298|
||Charge for|year|||212|1,050|1,262|
||Eliminated|on disposal||||(13,340)|(13,340)|
||At 31st March 2023|||6,024|9,530|12,666|28,220|
||NET BOOK|VALUE||||||
||At 31st March 2023||||424|674|1,098|
||At 31st March 2022||||636|1,555|2,191|





## 

## 

|15.|FIXEDASSET INVESTM|EN|TS||||
|---|---|---|---|---|---|---|
||||||Cash and||
|||||Listed|settlements||
|||||investments|pending|Totals|
|||||E|E|E|
||MARKET VALUE||||||
||At 1st April 2022|||189,379|1,220|190,599|
||Additions|||79,300|86,132|165,432|
||Disposals|||(58,481)|(80,916)|(139,397)|
||At 31st March 2023|||210,198|6,436|216,634|
||PROVISIONS||||||
||At 1st April 2022|||3,335||3,335|
||Revaluation<br>provision|for|year|22,109||22,109|
||Eliminated<br>on disposal|||(1,279)||(1,279)|
||At 31st March 2023|||24,165||24,165|
||NET BOOK VALUE||||||
||At 31st March 2023|||186,033|6,436|192,469|
||At 31st March 2022|||186,044|1,220|187,264|
||There were no investment||assets outside the UK.||||
|16.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||31.3.23|31.3.22|
||||||E|E|
||Trade debtors||||3,276|117,402|
||Other debtors||||1,800|1,800|
||Prepayments||||4,816|3,154|
||||||9,892|122,356|





## 

## 

## 

## 

|CREDITORS: AMOUNTS<br>F|ALLING DUE WITHIN|ONE YEAR||||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|||||E|6|
|Trade creditors||||3,147|2,443|
|Social security and other taxes||||8,988|10,251|
|Accrued expenses||||6,232|6,386|
|||||18,367|19,080|
|LEASING AGREEMENTS||||||
|Minimum<br>lease payments|under non-cancellable|operating|leases fall due as follows:|||
|||||31.3.23|31.3.22|
|||||E|E|
|Within one year||||10,750|8,958|
|Between one and five years||||21,500|1,792|
|||||32,250|10,750|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS||||||
|||||31.3.23|31.3.22|
||Unrestricted||Restricted|Total|Total|
|||funds|funds|funds|funds|
|||E|E|f|f|
|Fixed assets||1,098||1,098|2,191|
|Investments||192,469||192,469|187,264|
|Current assets||613,121||613,121|323,298|
|Current<br>liabilities||(18,367)||(18,367)|(19,080)|
|||788,321||788,321|493,673|



## 

## 



## 

## 

## 

|MOVEMENT|IN FUNDS||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.22|in funds|funds|31.3.23|
||||E|f|f|E|
|Unrestricted|funds||||||
|General<br>fund|||127,874|(2,022)|(30,000)|95,852|
|Moondance|||140,000|360,000||500,000|
|Designated<br>Walker Crips Investment|||||||
|Fund|||187,264|(24,795)|30,000|192,469|
||||455,138|333,183||788,321|
|Restricted funds|||||||
|Powys County|Council||20|(20)|||
|WCVA 23997|Bridgend,|NPT, Rhondda,|||||
|Caerphilly,<br>Denbighshire,||etc.|178|(178)|||
|Prince ofWales Charity||Fund-|||||
|Rebranding<br>Grant|||1,000|(1,000)|||
|WCVA 24282|Prime People Plus||62|(62)|||
|Wales Council|for Voluntary<br>Action||37,275|(37,275)|||
||||38,535|(38,535)|||
|TOTAL FUNDS|||493,673|294,648||788,321|





## 

## 

|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|||||E|f|E|E|
|Unrestricted|funds|||||||
|General fund||||4,710|(6,732)||(2,022)|
|Moondance||||500,000|(140,000)||360,000|
|Designated<br>Walker Crips Investment||||||||
|Fund||||6,100|(1,616)|(29,279)|(24,795)|
|||||510,810|(148,348)|(29,279)|333,183|
|Restricted funds||||||||
|Powys County|Council||||(20)||(20)|
|WCVA 23997|Bridgend,|NPT, Rhondda,||||||
|Caerphilly,<br>Denbighshire,||etc.|||(178)||(178)|
|Prince ofWales Charity||Foundation||||||
|||||65,000|(65,000)|||
|Prince of Wales Charity||Fund-||||||
|Rebranding<br>Grant|||||(1,000)||(1,000)|
|WCVA 24282|Prime People||Plus|(1)|(61)||(62)|
|WCVA 26882|Prime People||East|38,718|(38,718)|||
|Wales Council|for Voluntary||Action—|||||
|Prime People|West|||44,355|(44,355)|||
|Wales Council|for Voluntary||Action-|||||
|Prime People|West 2|||42,732|(42,732)|||
|Wales Council|for Voluntary||Action|12,425|(49,700)||(37,275)|
|Wales Council|for Voluntary||Action-|||||
|Prime People|West 3|||140,036|(140,036)|||
|||||343,265|(381,800)||(38,535)|
|TOTAL FUNDS||||854,075|(530,148)|(29,279)|294,648|





## 

## 

## 

|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.21|in funds|funds|31.3.22|
||||E|f|E|E|
|Unrestricted|funds||||||
|General fund|||154,905|(147,031)|120,000|127,874|
|Moondance||||140,000||140,000|
|Designated<br>Walker Crips Investment|||||||
|Fund|||307,014|250|(120,000)|187,264|
||||461,919|(6,781)||455,138|
|Restricted<br>funds|||||||
|Powys County|Council|||20||20|
|WCVA 23984|Flintshire|8 Wrexham|136|(136)|||
|WCVA 23997|Bridgend,|NPT, Rhondda,|||||
|Caerphilly,<br>Denbighshire,||etc.|502|(324)||178|
|Prince ofWales Charity||Fund-|||||
|Rebranding<br>Grant|||1,000|||1,000|
|WCVA 24282|Prime People Plus||126|(64)||62|
|Wales Council|for Voluntary<br>Action|||37,275||37,275|
||||1,764|36,771||38,535|
|TOTALFUNDS|||463,683|29,990||493,673|





## 

## 

|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|||||f|f|f|f|
|Unrestricted|funds|||||||
|General fund||||17,845|(164,876)||(147,031)|
|Moondance||||140,000|||140,000|
|Designated<br>Walker Crips Investment||||||||
|Fund||||4,318|(1,979)|(2,089)|250|
|||||162,163|(166,855)|(2,089)|(6,781)|
|Restricted funds||||||||
|Powys County|Council|||20|||20|
|WCVA 23984|Flintshire|&Wrexham|||(136)||(136)|
|WCVA 23997|Bridgend,|NPT, Rhondda,||||||
|Caerphilly,<br>Denbighshire,||etc.||17|(341)||(324)|
|Prince of Wales Charity||Foundation||||||
|||||19,000|(19,000)|||
|WCVA 24282|Prime People||Plus|136,104|(136,168)||(64)|
|WCVA 26882|Prime People||East|89,768|(89,768)|||
|Wales Council|for Voluntary||Action-|||||
|Prirne People|West|||124,462|(124,462)|||
|Wales Council|for Voluntary||Action—|||||
|Prime People|West 2|||53,960|(53,960)|||
|Wales Council|for Voluntary||Action|37,275|||37,275|
|||||460,606|(423,835)||36,771|
|TOTAL FUNDS||||622,769|(590,690)|(2,089)|29,990|





## 

## 

|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.21|in funds|funds|31.3.23|
||||E|f|E|E|
|Unrestricted|funds||||||
|General fund|||154,905|(149,053)|90,000|95,852|
|Moondance||||500,000||500,000|
|Designated<br>Walker Crips Investment|||||||
|Fund|||307,014|(24,545)|(90,000)|192,469|
||||461,919|326,402||788,321|
|Restricted funds|||||||
|WCVA 23984|Flintshire|Ik Wrexham|136|(136)|||
|WCVA 23997|Bridgend,|NPT, Rhondda,|||||
|Caerphilly,<br>Denbighshire,||etc.|502|(502)|||
|Prince ofWales Charity||Fund-|||||
|Rebranding<br>Grant|||1,000|(1,000)|||
|WCVA 24282|Prime People Plus||126|(126)|||
||||1,764|(1,764)|||
|TOTAL FUNDS|||463,683|324,638||788,321|





## 

## 

|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|||||E|E|E|E|
|Unrestricted|funds|||||||
|General fund||||22,555|(171,608)||(149,053)|
|Moondance||||640,000|(140,000)||500,000|
|Designated<br>Walker Crips investment||||||||
|Fund||||10,418|(3,595)|(31,368)|(24,545)|
|||||672,973|(315,203)|(31,368)|326,402|
|Restricted funds||||||||
|Powys County|Council|||20|(20)|||
|WCVA 23984|Flintshire|&Wrexham|||(136)||(136)|
|WCVA 23997|Bridgend,|NPT, Rhondda,||||||
|Caerphilly,<br>Denbighshire,||etc.||17|(519)||(502)|
|Prince ofWales Charity||Foundation||||||
|||||84,000|(84,000)|||
|Prince ofWales Charity||Fund-||||||
|Rebranding<br>Grant|||||(1,000)||(1,000)|
|WCVA 24282|Prime People||Plus|136,103|(136,229)||(126)|
|WCVA 26882|Prime People||East|128,486|(128,486)|||
|Wales Council|for Voluntary||Action-|||||
|Prime People|West|||168,817|(168,817)|||
|Wales Council|for Voluntary||Action-|||||
|Prime People|West 2|||96,692|(96,692)|||
|Wales Council|for Voluntary||Action|49,700|(49,700)|||
|Wales Council|for Voluntary||Action—|||||
|Prime People|West 3|||140,036|(140,036)|||
|||||803,871|(805,635)||(1,764)|
|TOTAL FUNDS||||1,476,844|(1,120,838)|(31,368)|324,638|





## 

## 

## 

## 

## 

## 



||||Detailed Statement of Financial|Activities|||
|---|---|---|---|---|---|---|
||||for the Year Ended 31stMarch 2023||||
||||||31.3.23|31.3.22|
||||||f|E|
|INCOME AND ENDOWMENTS|||||||
|Donations<br>and|legacies||||||
|Donations|||||4,624|17,844|
|Grants|||||500,000|140,000|
||||||504,624|157,844|
|Investment<br>income|||||||
|Deposit account|interest||||86|1|
|Investment<br>account income|||||6,100|4,318|
||||||6,186|4,319|
|Charitable<br>activities|||||||
|Grants|||||343,265|460,569|
|Other income|||||||
|Gain on sale oftangible||fixed assets||||37|
|Total incoming resources|||||854,075|622,769|
|EXPENDITURE|||||||
|Other trading activities|||||||
|Loss on sale oftangible||fixed assets|||380||
|Charitable<br>activities|||||||
|Wages|||||403,442|450,556|
|Social security|||||35,895|38,016|
|Pensions|||||19,826|21,991|
|Event expenses||||||10,407|
|Travelling|||||23,711|16,567|
|Accommodation|&subsistence||||2,795|2,392|
|Meeting facilities|||||670|727|
|Training<br>&workshops|||||786|70|
|Discretionary<br>funding||||||612|
||||||487,125|541,338|





## 

|||||for the Year Ended 31s|t March 2023||
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
||||||E|E|
|Support costs|||||||
|Management|||||||
|Rent, rates and water|||||9,794|14,218|
|Insurance|||||2,928|2,450|
|Light and heat|||||3,112|2,962|
|Telephone|||||7,181|8,275|
|Postage and|stationery||||2,373|4,145|
|Sundries|||||533|464|
|Subscriptions|||||4,428|1,956|
|Computer<br>Ik|website||costs||2,707|3,696|
|Repairs & renewals|||||1,461|2,195|
|Fixtures and|fittings||||212|281|
|Office Equipment|||||1,050|1,580|
|Bank charges|||||648|651|
|Investment<br>management||||fees|1,616|1,979|
||||||38,043|44,852|
|Governance|costs||||||
|Auditors'<br>remuneration|||||4,600|4,500|
|Total resources|expended||||530,148|590,690|
|Net income before gains||||and losses|323,927|32,079|
|Realised recognised||gains||and losses|||
|Realised gains/(losses)|||on|fixed asset|||
|investments|||||(7,170)|4,400|
|Net income|||||316,757|36,479|