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|Charity Information|||
|---|---|---|
|Report ofthe Trustees||3-7|
|Report ofthe Independent|Examiner||
|Statement ofFinancial Activities|||
|Balance Sheet||10|
|Notes to the Accounts||11-20|





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|||Charity Informatio|Charity Informatio|n|||
|---|---|---|---|---|---|---|
|Charity Name:||South Wales Law||Centre|Ltd||
|Working Names:||Speakeasy Law|Centre||||
|Registered|Numbers:|Company<br>Number:|||7550&94||
|||Charity Number:|||1140949||
|Registered|Office:|166Richmond|Road||||
|||Cardiff|||||
|||CF24 3BX|||||
|Website address:||www. speakeasy. cymru|||||
|Trustees:||Norman<br>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<br>Rees|||(appointed|10th February 2023)|
|Centre Director:||Warren Palmer|||||
|Independent|Examiner:|Steve Ellum|||||
|||Steve Ellum &|Associates Ltd||||
|||Chartered<br>Accountants|||||
|||Adulum<br>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|||||





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||||Unrestricted|Funds|Restricted|||
|---|---|---|---|---|---|---|---|
||||General|Designated|Funds|Total|Total|
|||Notes|2023|2023|2023|2023|2022|
|Income from:||||||||
|Donations<br>and legacies||||18,785||18,785|17,266|
|Charitable<br>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<br>on:||||||||
|Raising Funds|||11,799|||11,799|11,703|
|Charitable<br>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<br>in funds|||(11,889)|1,372||(10,517)|32,115|
|Reconciliation<br>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<br>Report<br>for the Year to 31March 2023|th Wales Law Centre —Annual<br>Report<br>for the Year to 31March 2023|th Wales Law Centre —Annual<br>Report<br>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<br>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<br>funds|||15|||||
||||||484,804||495,321|






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|Net income<br>/ (expenditure)||||
|---|---|---|---|
|||2023|2022|
||||f,|
|The net income /(expenditure)|for the year is stated|||
|after charging:||||
|Depreciation<br>and other amounts|written offtangible|||
|fixed assets:||||
|Owned assets||2,927|7,372|
|Independent<br>Examiners Fee||1,512|1,420|



## 

|Donations<br>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<br>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|





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|5|Income from c|h|ar|itable<br>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<br>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<br>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|





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|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<br>Funds|||22,857|24,229|(22,857)|||24,229|
||||495,321|144,607|(155,124)|||484,804|
|The Designated<br>Funds are those|||unrestricted|funds raised during|the year and designated||to|meet|
|heightened<br>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<br>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)||||



## 

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|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|





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||||Unrestricted|Funds|Restricted||
|---|---|---|---|---|---|---|
||||General|Designated|Funds|Total|
||||2022|2022|2022|2022|
|Income from:|||||||
|Donations<br>and|legacies|||17,266||17,266|
|Charitable<br>activities|||66,263||281,961|348,224|
|Investments|||||||
|Other||||5,591||5,591|
|Total Income|||66,266|22,857|281,961|371,084|
|Expenditure<br>on:|||||||
|Raising Funds|||11,703|||11,703|
|Charitable<br>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|