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2022-03-31-accounts

Page
Trustees'
report		 1-11
Statement
oftrustees'		 responsibilities 12
Independent
auditor's		 report 13 - 16
Statement
offinancial		 activities 17
Balance sheet 18
Statement
ofcash flows		 19
Notes to the financial statements 20-35

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
Notes 8 6 5 8 8
nco
n		 n fro
Donations
and		 legacies 503,606 503,606 338,882 338,882
Charitable
activities		 39,549 896,381 935,930 175,485 423,482 598,967
Investments 362 362 1,567 1,567
Other income 1,000 1,000
Total income 543,517 896,381 1,439,898 516,934 423,482 940,416
~Ex amIIIgZl~n:
Charitable
activities		 7 279,655 944,941 1,224,596 225,812 582,247 808,059
Other 10 1,336 1,336
Totalresources
expended 280,991 944,941 1,225,932 225,812 582,247 808,059
Net incomingl
(outgoing) resources
before transfers 262,526 (48,560) 213,966 291,122 (158,765) 132,357
Gross transfers
between
funds		 88,366 (88,366) 60,448 (60,448)
Net incomel(expenditure)
for the yearl
Net movement in funds 350,892 (136,926) 213,966 351,570 (219,213) 132,357
Fund balances at 1
April 2021 1,092,364 294,090 1,386,454 740,794 513,303 1,254,097
Fund balances at 31
March 2022 1,443,256 157,164 1,600,420 1,092,364 294,090 1,386,454

2022 2021
Notes F 6 6
Fixed assets
Tangible assets 13 364,012 381,213
Current assets
Debtors 14 16,483 165,856
Cash at bank and in hand 1,288,670 1,159,143
1,305,153 1,324,999
Creditors: amounts falling due within
one year 15 (68,745) (319,758)
Net current assets 1,236,408 1,005,241
Total assets less current liabilities 1,600,420 1,386,454
Income funds
Restricted funds 18 157,164 294,090
jjnrestr~ic ~u0da
Designated
funds		 19 709,012
General unrestricted funds 734,244 1,092,364
1,443,256 1,092,364
1,600,420 1,386,454

2022 2021
Notes 6
Cash flows from operating activities
Cash generated from operations 23 224,825 405,685
Investing activities
Purchase oftangible fixed assets (96,364) (70,835)
Proceeds on disposal oftangible fixed
assets 704 1,000
Investment income received 362 1,567
Net cash used in investing activities (95,298) (68,268)
Net cash used in financing activities
Net increase
in		 cash and cash equivalents 129,527 337,417
Cash and cash equivalents at beginning ofyear 1,159,143 821,726
Cash and cash equivalents at end of year 1,288,670 1,159,143

Unrestricted Unrestricted
funds funds
2022 2021
E
Donations and gifts 133,651 48,169
Membership fees 369,955 290,713
503,606 338,882

2022 2021
6 6
Grants 932,896 598,151
Miscellaneous income 3,034 816
935,930 598,967
Analysis by fund
Unrestricted funds 39,549 175,485
Restricted funds 896,381 423,482
935,930 598,967
Grants
Welsh Government - Funding Allocation 786,536 158,161
National Lottery Community Fund 28,179 44,255
Asda 8,328 54,129
Welsh Government -Circular Economy Fund 158,604
Fareshare UK 28,187 149,669
Waterloo Foundation 41,667 33,333
WCVA 39,999
932,896 598,151
Unrestricted Unrestricted
funds funds
2022 2021
6 6
Interest receivable 362 1,567

Total Unrestricted
funds
2022 2021
6
Net gain on disposal oftangible fixed assets 1,000

2022 2021
6
Staff costs 295,301 206,286
Depreciation
and impairment		 103,272 81,893
Hire ofplant and machinery 1,447 2,987
Rent and service charges 2,812 32,573
Rates 2,426 4,648
Light and heat 13,084 9,212
Insurance 19,228 13,035
Advertising
and promotion		 11,314 2,045
Motor vehicle expenses 36,568 29,782
Travel and subsistence 912 558
Postage and stationery 2,802 1,388
Telephone
and ITcosts		 6,073 3,190
Staff and volunteer
training		 9,543 1,048
Volunteer expenses 4,976 5,037
Repairs, renewals,
storage and transport		 59,378 35,146
Waste disposal costs 4,825 1,443
Food purchases 462,127 289,860
Consultancy
fees		 10,655
1,036,088 730,786
Grant funding
ofactivities (see note 8)		 148,053 40,000
Share ofsupport costs (see note 9) 29,412 32,728
Share ofgovernance
costs (see note 9)		 11,043 4,545
1,224,596 808,059
Analysis
by fund
Unrestricted
funds		 279,655 225,812
Restricted funds 944,941 582,247
1,224,596 808,059
Grants payable
2022 2021
8 F
Grants to institutions:
Fareshare
North Wales		 148,053 40,000

9 Support costs Support costs
Support Governance 2022 Support Governance 2021
costs costs costs costs
8 8 F
Staff costs 10,153 10,153 10,153 10,153
Depreciation 8,256 8,256 8,256 8,256
Other costs 11,003 11,003 14,319 14,319
Audit fees 5,400 5,400
Accountancy and
bookkeeping 5,643 5,643 1,815 1,815
Independent
examination fees 2,730 2,730
29,412 11,043 40,455 32,728 4,545 37,273
Analysed
between
Charitable
activities		 29,412 11,043 40,455 32,728 4,545 37,273

Unrestricted Total
funds
8
2022 2021
Net loss on disposal oftangible fixed assets 1,336
1,336

The average
 monthly
number ofemployees
during the yea		 r was:
2022 2021
Number Number
Management
Administration and project support
13
Employment costs 2022f 2021
Wages and salaries 279,815 192,715
Social security costs 18,193 17,158
Other pension costs 7,446 6,566
305,454 216,439

13 Tangible fixed assets
Freehold land Fixtures and Motor vehicles Total
and sugdlngs equipment
6 6 6
Cost
At 1 Apdil 2021 225,000 288,534 202,308 715,842
Additions 7,998 88,366 96,364
Disposals (27,385) (176) (27,561)
At 31 March 2022 225,000 269,147 290,498 784,645
Depreciation
and impairment
At 1 April 2021 81,000 141,442 112,187 334,629
Depreciation
charged		 in the year 9,000 44,082 58,443 111,525
Eliminated
in respect		 ofdisposals (25,414) (107) (25,521)
At 31 March 2022 90,000 160,110 170,523 420,633
Carrying
amount
At 31 March 2022 135,000 109,037 119,975 364,012
At 31 March 2021 144,000 147,092 90,121 381,213
14 Debtors
Amounts
falling due		 within one year: 2022f 2021
Trade debtors 11,119 8,426
Prepayments
and accrued income		 5,364 157,430
16,483 165,856
15 Creditors: amounts falling due within one year
2022 2021
Notes 6
Deferred income 16 58,873 179,032
Trade creditors 2,230 138,335
Other creditors 1,251 351
Accruals and deferred income 6,391 2,040
68,745 319,758

2022 2021
6 6
Arising from government grants 172,994
Arising from membership income 58,873 6,038
58,873 179,032
Deferred income is included in the financial statements as follows:
2022 2021
6 6
Balance brought forward 179,032 20,500
Income received 1,182,691 756,683
Income released (1,302,850) (598,151)
Balance carried forward 58,873 179,032

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in funds
Incoming Balance at Tranefem Balance at
resources
E		 1April 2021 31 March 2022f
Fixed asset fund 229,012 229,012
Capital reserve 120,000 120,000
Business development reserve 150,000 150,000
Enivornmental improvements reserve 110,000 110,000
Repairs reserve 100,000 100,000
709,012 709,012

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under non-cancellable
operating leases, which
fall due a


s follows:		 py
2022 2021
6
Within one year 1,037 706
Between two and five years 259 1,176
1,296 1,882
22 Related party transactions Related party transactions
There were no disclosable
related		 party transactions during the year (2021 - none).
23 Cash generated
from		 operations 2022 2021
6
Surplus for the year 213,966 132,357
Adjustments
for:
Investment
income recognised
in statement		 offinancial activities (362) (1,567)
Loss/(gain)
on disposal		 oftangible fixed assets 1,336 (1,000)
Depreciation
and impairment
oftangible		 fixed assets 111,528 90,149
Movements
in working		 capital:
Decrease/(increase)
in		 debtors 149,370 (86,928)
(Decrease)/increase
in		 creditors (130,854) 93,642
(Decrease)/increase
in		 deferred
income		 (120,159) 179,032
Cash generated
from		 operations 224,825 405,685
24 Analysis ofchanges in net funds
The charity had no debt during the year.