| Charity Information | ||
|---|---|---|
| Report ofthe Trustees | 3-7 | |
| Report ofthe Independent | Examiner | |
| Statement ofFinancial Activities | ||
| Balance Sheet | 10 | |
| Notes to the Accounts | 11-20 |
| Charity Informatio | Charity Informatio | n | ||||
|---|---|---|---|---|---|---|
| Charity Name: | South Wales Law | Centre | Ltd | |||
| Working Names: | Speakeasy Law | Centre | ||||
| Registered | Numbers: | Company Number: |
7550&94 | |||
| Charity Number: | 1140949 | |||||
| Registered | Office: | 166Richmond | Road | |||
| Cardiff | ||||||
| CF24 3BX | ||||||
| Website address: | www. speakeasy. cymru | |||||
| Trustees: | Norman Adams |
|||||
| Paul Francis | (resigned | 16th June 2023) | ||||
| John Loosemore | ||||||
| Nkini Pulei | ||||||
| Steve Williams | ||||||
| David Horton | ||||||
| Rebecca Jane Matyus | ||||||
| Christina Kio-Bennett | (appointed | 10th February 2023) | ||||
| Madeline Rees |
(appointed | 10th February 2023) | ||||
| Centre Director: | Warren Palmer | |||||
| Independent | Examiner: | Steve Ellum | ||||
| Steve Ellum & | Associates Ltd | |||||
| Chartered Accountants |
||||||
| Adulum House |
||||||
| Gian Yr Afon | ||||||
| Llanelli | ||||||
| SA15 3QB | ||||||
| Bankers: | The Co-Operative | Bank | pic | |||
| PO Box250 | ||||||
| Delf House | ||||||
| South Way | ||||||
| Skelmersdale | ||||||
| WN8 6WT | ||||||
| Metro Bank | ||||||
| One Southampton | Row | |||||
| London | ||||||
| WC1B 5HA |
| Unrestricted | Funds | Restricted | |||||
|---|---|---|---|---|---|---|---|
| General | Designated | Funds | Total | Total | |||
| Notes | 2023 | 2023 | 2023 | 2023 | 2022 | ||
| Income from: | |||||||
| Donations and legacies |
18,785 | 18,785 | 17,266 | ||||
| Charitable activities |
120,146 | 202,827 | 322,973 | 348,224 | |||
| Investments | 232 | 232 | |||||
| Other | 5,444 | 5,444 | 5,591 | ||||
| Total Income | 120,378 | 24,229 | 202,827 | 347,434 | 371,084 | ||
| Expenditure on: |
|||||||
| Raising Funds | 11,799 | 11,799 | 11,703 | ||||
| Charitable activities |
120,468 | 22,857 | 202,827 | 346,152 | 327,266 | ||
| Total Expenditure | 132,267 | 22,857 | 202,827 | 357,951 | 338,969 | ||
| Net income/(expenditure) | |||||||
| Net movement in funds |
(11,889) | 1,372 | (10,517) | 32,115 | |||
| Reconciliation ofFunds |
|||||||
| Total funds brought | forward | 472,464 | 22,857 | 495,321 | 463,206 | ||
| Total funds carried | forward | 460,575 | 24,229 | 484,804 | 495,321 |
| Sou | th Wales Law Centre —Annual Report for the Year to 31March 2023 |
th Wales Law Centre —Annual Report for the Year to 31March 2023 |
th Wales Law Centre —Annual Report for the Year to 31March 2023 |
||||
|---|---|---|---|---|---|---|---|
| Balance Sheet | |||||||
| at 31March | 2023 | ||||||
| 2023 | 2022 | ||||||
| Notes | |||||||
| Fixed assets | |||||||
| Tangible assets | 311,715 | 314,642 | |||||
| Total fixed assets | 311,715 | 314,642 | |||||
| Current assets |
|||||||
| Debtors | 12 | 1,335 | 19,935 | ||||
| Cash at bank | and in | hand | 178,776 | 168,235 | |||
| 180,111 | 188,170 | ||||||
| Creditors: Amounts | falling due | ||||||
| within one year | 13 | (7,022) | (7,491) | ||||
| Net current | assets | 173,089 | 180,679 | ||||
| Total assets | less current liabilities | 484,804 | 495,321 | ||||
| Net assets | 484,804 | 495,321 | |||||
| Represented | by: | ||||||
| Unrestricted | funds | 14 | 484,804 | 495,321 | |||
| Restricted funds |
15 | ||||||
| 484,804 | 495,321 |
| Net income / (expenditure) |
|||
|---|---|---|---|
| 2023 | 2022 | ||
| f, | |||
| The net income /(expenditure) | for the year is stated | ||
| after charging: | |||
| Depreciation and other amounts |
written offtangible | ||
| fixed assets: | |||
| Owned assets | 2,927 | 7,372 | |
| Independent Examiners Fee |
1,512 | 1,420 |
| Donations and Legacies |
|||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| General | Designated | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| Regular Donations | 10,870 | 10,870 | 11,087 | ||
| Ad-Hoc Donations | 5,730 | 5,730 | 3,489 | ||
| Tax Reclaimed | 2,185 | 2, 185 | 2,690 | ||
| 18,785 | 18,785 | 17,266 | |||
| Total income | |||||
| Total | Total | ||||
| 2023 | 2022 | ||||
| Donations and legacies |
18,785 | 17,266 | |||
| Grants from local authorities | and trusts | 322,973 | 348,224 | ||
| Investments | 232 | 3 | |||
| Other income | 5,444 | 5,591 | |||
| 347,434 | 371,084 |
| 5 | Income from c | h | ar | itable acti |
vities | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||||
| General | Restricted | Total | Total | ||||||
| funds | funds | 2023 | 2022 | ||||||
| f. | |||||||||
| Access to Justice | Foundation | 95,146 | 95,146 | 48,263 | |||||
| Oakdale Trust | 2,000 | 2,000 | |||||||
| AB Charitable | Trust | 20,000 | 20,000 | ||||||
| Eleanor Rathbone | Charitable | Trust | 3,000 | 3,000 | |||||
| Local Authority | Grants | ||||||||
| (Cardiff County | Council) | 70,690 | 70,690 | 60,000 | |||||
| Legal Educational | Foundation | 35,892 | 35,892 | 50,208 | |||||
| Lloyds Bank Foundation | |||||||||
| for England and |
Wales | 27,605 | 27,605 | 33,309 | |||||
| Welsh Government | Single Advice Fund | 68,640 | 68,640 | 66,091 | |||||
| Law Centres Network | 18,000 | ||||||||
| Therium Access | 30,563 | ||||||||
| Citizens Advice | —Cardiff and | Vale | 41,790 | ||||||
| 120,146 | 202,827 | 322,973 | 348,224 | ||||||
| 6 | Other Income | ||||||||
| Unrestricted | |||||||||
| Designated | Total | Total | |||||||
| Funds | Funds | Funds | |||||||
| 2023 | 2023 | 2022 | |||||||
| Rents received | 1,785 | 1,785 | 1,368 | ||||||
| Secondment Fees |
3,575 | 3,575 | 2,656 | ||||||
| Other | 84 | 84 | 1,567 | ||||||
| 5,444 | 5,444 | 5,591 | |||||||
| 7 | Costs ofraising | funds | |||||||
| Unrestricted | Unrestricted | ||||||||
| Total | Total | ||||||||
| Funds | Funds | ||||||||
| 2023 | 2022 | ||||||||
| Fundraising | 11,799 | 11,703 |
| 8 | Cost ofcharitable | activities —by fun | activities —by fun | d type | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||||
| General | Designated | Restricted | Total | Total | |||
| funds | funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2023 | 2022 | |||
| Provision oflegal | advice | 120,468 | 22,857 | 202,827 | 346,152 | 327,266 | |
| 9 | Cost ofcharitable | activities | —by activity | ||||
| Activities | Support | Total | Total | ||||
| undertaken | costs | funds | funds | ||||
| 2023 | 2023 | 2023 | 2022 | ||||
| Provision oflegal | advice | 302,076 | 44,076 | 346,152 | 327,266 |
| Employment | costs | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Wages and salaries | 277,945 | 266,726 | |
| Social security costs | 19,877 | 17,578 | |
| Pension costs | 7,364 | 7,014 | |
| 305,186 | 291,318 |
| 2023 | 2022 | ||
|---|---|---|---|
| Charitable | Activities | 12 | 12 |
| Administration | 1 | 1 | |
| 13 | 13 |
| Notes | to the Account | s for the year ended 31M | s for the year ended 31M | arch 2023 | |||
|---|---|---|---|---|---|---|---|
| 11 | Fixed assets | - Tangible | |||||
| Fixtures | |||||||
| Freehold | Fittings & | Total | |||||
| Property | Equipment | Assets | |||||
| Cost | |||||||
| At I April 2022 | 346,393 | 22,179 | 368,572 | ||||
| Additions | |||||||
| Disposals | |||||||
| At 31 March | 2023 | 346,393 | 22,179 | 368572 | |||
| Depreciation | |||||||
| At 1 April 2022 | 31,751 | 22,179 | 53,930 | ||||
| Charge for the year | 2,927 | 2,927 | |||||
| Disposals | |||||||
| At 31 March | 2023 | 34,678 | 22,179 | 56,857 | |||
| Net Book Value | |||||||
| At 31 March | 2023 | 311,715 | 311,715 | ||||
| At 31 March | 2022 | 314,642 | 314,642 | ||||
| 12 | Debtors | ||||||
| 2023 | 2022 | ||||||
| Trade debtors | 963 | ||||||
| Prepayments | and accrued income | 18,649 | |||||
| Other debtors | 372 | 1,286 | |||||
| 1,335 | 19,935 | ||||||
| 13 | Creditors: Amounts | falling due within | one year | ||||
| 2023 | 2022 | ||||||
| Trade creditors | 317 | 172 | |||||
| Other taxes and social | security | 3,928 | 5,799 | ||||
| Accruals and | deferred | income | 1,512 | 1,420 | |||
| Other creditors | 1,265 | 100 | |||||
| 7,022 | 7,491 |
| Balance at | Balance at | |||||||
|---|---|---|---|---|---|---|---|---|
| 1Apr 2022 | Income | Expenditure | Transfers | 31Mar 2022 | ||||
| General | funds | 472,464 | 120,378 | (132,267) | 460,575 | |||
| Designated Funds |
22,857 | 24,229 | (22,857) | 24,229 | ||||
| 495,321 | 144,607 | (155,124) | 484,804 | |||||
| The Designated Funds are those |
unrestricted | funds raised during | the year and designated | to | meet | |||
| heightened demand |
for debt advice as a result | ofthe cost ofliving crisis. | ||||||
| Restricted funds | ||||||||
| Balance at | Balance at | |||||||
| 1Apr 2022 | Income | Expenditure | Transfers | 31Mar 2023 | ||||
| Legal Educational | Foundation | 35,892 | (35,892) | |||||
| Lloyds | Bank Foundation | |||||||
| For England and Wales |
27,605 | (27,605) | ||||||
| Welsh | Government | Single | ||||||
| Advice | Fund | 68,640 | (68,640) | |||||
| Cardiff | County Council | 70,690 | (70,690) | |||||
| 202,827 | (202,827) |
| nalysis ofnet assets between funds | ||||
|---|---|---|---|---|
| Total | Total | |||
| Unrestricted | Restricted | Funds | Funds | |
| Funds | funds | 2023 | 2022 | |
| Tangible assets | 311,715 | 311,715 | 314,642 | |
| Cash at bank and in hand | 178,776 | 178,776 | 168,235 | |
| Other net current assets/ (liabilities) | (5,687) | (5,687) | 12,444 | |
| 484,804 | 484,804 | 495,321 | ||
| 18 |
| Unrestricted | Funds | Restricted | ||||
|---|---|---|---|---|---|---|
| General | Designated | Funds | Total | |||
| 2022 | 2022 | 2022 | 2022 | |||
| Income from: | ||||||
| Donations and |
legacies | 17,266 | 17,266 | |||
| Charitable activities |
66,263 | 281,961 | 348,224 | |||
| Investments | ||||||
| Other | 5,591 | 5,591 | ||||
| Total Income | 66,266 | 22,857 | 281,961 | 371,084 | ||
| Expenditure on: |
||||||
| Raising Funds | 11,703 | 11,703 | ||||
| Charitable activities |
7,413 | 37,892 | 281,961 | 327,266 | ||
| Total Expenditure | 19,116 | 37,892 | 281,961 | 338,969 | ||
| Net income/ | ||||||
| Net movement | in funds | 47,150 | (15,035) | 32,115 | ||
| Reconciliation | ofFunds | |||||
| Total funds brought | forward | 425,314 | 37,892 | 463,206 | ||
| Total funds carried | forward | 472,464 | 22,857 | 495,321 |