COMPANY REGISTRATION NUMBER: 7058600 CHARITY REGISTrATION NUMBER: 1142159 Diverse Excellence Cymru Limited Company Limited by Guarantee Financial Statements 31 March 2022 *ABJFL70A* 2211212022 c(￿PANIEs HOUSE WALTER HUNTER & CO LIMITED Chartered accountants & statutory auditor 24 Bridge Street Newport South Wales NP20 4SF Diverse Excellence Cymru Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2022 Page Trustees, annual report (incorporating the directorfs report) Independent auditorfs report lo the members Statement of financial activities (including income and expenditure accotsnt) 14 Statement of financial position 15 ststemenl of cash flows 16 Notes to the financial statements 17 Diverse Excellence Cymru Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2022 The trustees, who are also the directors for the purposes of company Iw, wesent their report and the financkgr statements of the chanty for the year ended 31 March 2022. Refernnce and admini5tratlve detalls Reglstertd ¢harity nan Diverse EX￿llenCe Cymru knmiled Charlty registration nUM￿r 1142159 Company registration number 7058600 Prlncipal oifi¢e and registerod Alexandra House office 3rd Floor 307 - 315 CtywtrKidge Road East Cardrfr CF5 1JD The trustees Ms J Jones {Franccrfs) Mr J Wlfjllkgms Ms H Dodoo Ms E Aure Mr B Coates Ms R Gibson Mr P Majrth Mrs H Robert5 Ms E Perry Ms S Rees Mrs E O'tjonovan (Rebred 27 Juty 2021) (Appointed 28 Septembef 2021 } (Retired 27 Juty 2021} (Apwinted 30 November 2021} Auditor Wanef Hunter & Co Limited Chartered ￿￿ntantS & *atutory a￿lItOr 24 Bridge Street Newport South Wales NP20 4SF Diverse Excellence Cymru Limited Company Llmlted by Guarantee Trustee¥, Annual Report (Incorporating the Directorfs Report) I￿￿11￿U•&I Year ended 31 March 2022 St￿￿t￿re. governance and management Governing Docufnent The Organ￿tK)n was formed as a company limited by guarantee and is govemed by the Memorandurn and A￿treS of Assetialion. It was incorporated on 27th Octot*r 2009. registered as a Charity on 22nd February 2011 and started to operate on 1st April 2011. This followed the amalgamation of existing organisations". Awetu and the Cardiff & Vale Coalib'on for Disabled People. Awetu {'Our Unty, in Swahili) was a registered charty set up in 1988 as a result of the growing eoneem among a number ot professional workers at the over representstion of Blxk clients wilhin the mental heatth services and the need to improve the sensitivity of these setvices to lack people's needs. Cardiff & Vale Coal￿.0￿ for Disabled Peopk. a Company Limited by guarantee. was created in 1991. It was estsblished from the outsel as an organisation for dtsabled people that could challenge barriers". bring disabled people togelherto campaign on relevant issues such as edUCa￿n, employment, housing. transwrt and strengthen the voices of disabled people in the comff￿nIty and in decision making. Recrultment The Directors also serve as Trustees of the Charity. Trustees Can be voted for at the Annual General Meeting or can be ctropled by the Board of Trustees al any time. Trustee Induction and Training The charity ha5 a Comprehensive induction tra￿lThJ programme. Foll¢x¥ing the initial induction. a fange of traning opportunitie5 are wovided with parkncular regard to govemance. Risk Revièw All major iisks to whieh the Charity I￿OrneS exposed to. are identffied by the Trustees these are reviewed and systems or proeedures established lo manage those risks The fdl¢)wing key principles OLrtline DNerse Cymru's approxh lo risk management and intemal control.. The Board of Trustees has resFonsibilty for overs*ng risk management within Diverse Cymru as a whole. A risk register is maintained and updated as required. An open and receptive approach to SO￿1ng risk probleffts is adopted by the Board of Trustees. The CEO and Senior Managemenl Team {SMT) offer support, advti and implement polieies and procedures agreed by the Board of Trustees. Diverse Cymru recognises prudent disdosure of financial and non-financial implications of risks. The Trustees. CEO. SMT and other key staff are responsible for encouraging gocxj risk management practs'¢e within their areas of work. Diverse Excellence Cymru Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (C¢￿11￿￿¢dJ Year ended 31 March 2022 ObJectiv¢s and actlvities Oryanlsational structure The Board of Trustees has Strateg￿ oversKJhL in line with eharty law. The CEO is ex officio member of the Board by virtue of their role as Secretary and are SUPFQrted by SMT in the administration of the operational responsibility for Ihe charity. OBJECTIVES AND ACTMTIES FOR THE PUBLIC BENEFIT The Charity's objects are 5pecifKally restn.cled lo prorTh)le equality and diverty for the benefit of the publ￿ by seeking lo eliminate discriminab.on in all rts forms. in particular bLrt not exdusively, by the provision of advice. Informal￿n and training. Diverse Cymru's visK*n is 'a wodd wrth¢JUt prqudKe or discnmination. where every person is equal and diversty is celebraled.. Our mission is to eliminate discr1mlnat￿n and inequality in Ivales. We will do this through.. Provision - Delivering services that reduce inequalty". Promoth)n - lrtreasing awareness of equalty issues.. PartripalDn - Enabling peop￿ affected by inequalty to engage and speak for themsefves; Inspiring action - Mobvating people lo take ac￿.On against inequalty. Strategic report The following sections for ach*vements and performance and financial revinv form the strategic report of the charity. Diverse Excellence Cymru Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) f¢¢>nlinu8d) Year ended 31 March 2022 Achievemonts and ￿rfOrManCe Over the last year Drverse Cymru has eontinued on its pumey to prOv￿e huh quality Services that make a real difference to the lives of the people who we support. The COVID-19 pandemic Continl￿d lo present S￿nifiCant challenges to the organisath.on but also provided opportunities lo embed new methc#Js of working. Dwerse Cymru continued to operate hybrid services to our clients. which ensured we were able to conb'nue to SUPFQrt communities across Wales. The Diverse Cymru team ￿nefrted from conb.nued hybrid and flexible work arrangements and will conts'nue to do so in the future. The demand for our client facing Ser¥￿eS has continued lo increase over the last year, with both our Advocacy and Mental Heatth support having lo impkment warb.ng lisls for supporL We have continued to expand our seNices both creating new partnerships and renewing existing projects. We have expanded our Direct Payments services working with Swansea County Borough Council and Gwynedd CcMJnty Council. We were delighted to have been awarded a 4 year grant from the National Lottery Community Fund to expand our Mental Health Recovery hub for Black. Asian and minorty ethnic communities into West and North Wales. The Hub's Cordiff and the Vale pr0￿ct was renewed for a further 4 years. allowing for an All-wales mental health service. Dwerse Cymru also started an exciting project in partnership with Marie Curie Cymnj. Over the next 3 years we will be working together to provide greater equitable a¢¢ess and cunurally competent bereavement support acfOSS Waks. Advocacy Our Advocacy service provides a voice lo those experienang barriers to access support, through advice. guidance and direct advocacy. Our services for the va￿ of Glamorgan Counal Adult Sockgl Services exceeded the number of client supported by 50% based on our contractual obligations. The work undertaken includes weKare benefrts (applicab"ons. assessments, appeals and Tribunal representatjonsl, swal care. housing and complaints against public ￿les. The financial gains for clients due to our interventions ￿a¢￿ed £39,972.00 in payment of arrears and £155.092.00 in ongoing awards. Additionally, one case that was closed during this period resulted in financial compensats'on for a client when a cornplaint was uphekl. Mental Health Hub Our Mental Health Hub is a welbeing servte for Black Asian and Minority Ethnic Communities providing one lo one rnental health support and an online community that creates pathways to better mental health. We continued to have an increase in referrals and have hal to rethink how we could work more efficiently to meet the demand for the service. In addition to our face to face work, we continued lo develop our online peer support sessions including online act￿rt￿5 su¢h as Bollywood dance, mindfulness, book club, fvldocumentary club, film club and culture dub. This year 93% of our clients reporting an increase in confKlence after receiving support from Ihe team. Diverse Excellence Cymru Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (cortinu Year ended 31 March 2022 Achievements and perforniance (¢onlTn4MdJ Cuftural coM￿tentY Certifiution st￿Me Our Black, Asian and Minority Ethn￿ Cultural Compelency Certification Scheme, works with le￿erS and organisalions lo ensure their ServI￿S across Wales are culturalty accessible and competent. This year the scheme went from strength to strength wth 18 workplaces joining the scheme with over 140 people receiving the scheme's cultural awareness Iraining sessions. In Oclobei 2021. to celebrate World Mental Heatth Day and Bl&k History Monlh. we held our inaugural Certificate Presentation Event. wittl Caswell Clinic and Organisational Development from Publ￿ Health Wales receiving their quality marks for completing the certificat￿1n. Speakers at the event included the First Minister Mark Drakeford. Jane Hutt MS, Minsler for Social Justre, and Vaughan Gething MS, Mintsler for Economy. The First Minister sa￿, We as a govemment are proud to fund the certificats.on Scheme because we reecgnise the devebpment of good practice because we reccgnise the servTrces organFsations provhle need to be fair and equilable. The Scheme is part of our determination in Wales lo make a new history acting on lived experEnces and it is helping Welsh Govemment to ddiver their promise" Dlrect Payments Our Direct Payments seryice offer an altemative to support arranged directly by socFal serV￿e$ and provide people with choice, voice and control over the care that they receive, as identified in the Social Services and Wellbeing (Wales) Aet 2014. This year Diverse Cymru support disabled people and carers lo achieve control of their support in 6 count￿$ across Wales. have provided direct payment support lo Newport & Swansea. We delivered a full OP SUPFrt)rt service to Gwynedd County Council. Additionally our bespoke Direct Payments Managemenl software supported 3 West Wales counties of Ceredigion. Camiarthenshire arKI Pembrokeshire to manage the service in house. In total. the organisation supported over 2.000 people lo manage their direct payments in Wales. Policy, Tralnlng & Consuttancy Diverse Cymru has a proven track-recA)rd of understanding the exreriences of mulb-characlerislic individuals and communities. The provisK)n of a Iraining and consultancy servu contributes to the organisation's profile and reputation a5 experts in the eliminalion of discrimination and inequalty and lo directly improving the eXper￿nCeS of people affected by inequality in Wales. During this year, the experts.se of this department was in increasing demand providing Specialist equality training to a wide range of public, third and private sector organisalions across Wales. Finally this year saw sbJntficantchange5 to the Staffing team and Oiverse Cymru, wilh 43VA of the existing staffing team joining in this financial year, in¢tuding our new CEO. We want to express our sincere thanks to all our staff, trustees. volunteers. clients and partners for their ded￿tion and commitment ensuring we buikj a rrore eqLsal Wales for Ihe people WI￿ use our Serv￿$. Chairs Report CEO intmen Diverse Cymru ¢ontinues lo actNety support its mission to eliminate discrimination and inequality in Wales through the delivery of services lo reduce inequality. prorrnte awareness of equality issues and enable people affected by inequality to engage and speak for themselves. This is achieved with ils advocacy service, nEntal health support services, engagemenl and training programmes, and direct payments. Diverse Excellence Cymru Limited Company Limitsd by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) {¢Mlimird) Year ended 31 March 2022 The board would like to thank Zoe ￿'ng, Dewty CEO, for pr¢w￿Ing cover as acting CEO until Chris was in post. Diverse Cymru has had a numter of ￿lI￿leS winning several awards in recognilton of its expertise in the provision of mental health support services for people from Black. Asian and Minority backgrounds. It was a runner up in the UK 2022 GSK Impact Awards marking the charity's important work with the health and wellbeing of the communibes it serves. Other awards include a University of South Wales Innovation and Impact award in the Healtt) and Wellbeing category. a Lrfetime Achievement for Suzanne Duval al Ihe Ethnic Minority Welsh WorrEn Ach*vement As￿lat￿n. a Wales Online Diversity and Inclusion award, and a finalist in the Mentsl Health and Wlellbeing Wabes awards. A major highlight during the year was the Nat￿)nal Lottery's People and Places fund making a £500.000 award for a four-year project for a Bl&k. Asian and Minorty Ethnic Wellbeing Service. The year was also marked by the fi￿1 Certrfule PreSentat￿n Event held for the 81a¢k, Asian and Minority Ethni Cultural Competence Scheme. Speeches were gNen by the First Minister of Wales, the Minister for So¢ial Justice, arKI Minister lor the Economy Ipreviousty Minister for Health and Social Services). Dr Dr Charles Wllie, as Cultural Cornpelence Prqecl Advisor, has also been involved in writing 8 Cultural Competency Toolkit for Mentsl Heatth Reforrn in Ireland. The tcolkil will inform mental health serviw and staff on how best to provhle ¢are to individuals from ethnic minority communities in Ireland. A new Lived Experience Advpsory Group is teing created wrth the obiectNe of ensuring that those who experience Diverse Cymru's Se￿iceS inform and shape the future direction of the charity's service provision. The ¢horty is in a peri¢xl of transits.on as it secures new proje¢ts and partnerships to replace some of the previous large-seale direct pay￿Ent projects_ Covid continued to provide a challenging enWr0nff￿nt at Ihe start of the year with slaff working hard to ensure that service users continue lo benefft from a positNe experrence with service provision. Finally, I would like to thank the trustees supporting Diverse Cymru with their contributions to board meetings and making slrale9ic deciSK)ns to ensure the charity's integrity wth its core activit￿$, and the extra support given with participatsng in sub committees Diverse Excellence Cymru Limited Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Directorfs Report) {eonfvnu•dl Year end•d 31 March 2022 Flnanclal revlew Results for the year This is the tenth year of operation for the Charity during wh￿h the organtsabon rewled a deficit for the year was £137,660. The average numtef of emFdoyees, ¢al¢ukted on the basis of full time eqvivaients. has decreased from 37 10 22. Re5eTves Pollcy The Board of Trustees believes that the Charity requires a suffiC￿nI level of reseNes lo cover Ihe on- going work of the Chanty and its adminislrattve fUnct￿nS. The Board aims to maintain six months runnirvj costs in order to ensure continued operation and appropriate cash flcm management. Unrestricted funds 51wKS at £530.735 The Trustees regard the on-going review of the reserves as part of managing the Charity. The operating results are identified and reported upon bi-monthty. On completK)n of the Audil of the Annual Accounts unrestricted funds are identsfied and analysed. The reserves policy is then reviewed by the Board of Trustee$ as part of the Chanty's strategic planning process. The review ensures that the wlicy is still relevant as the Chanty devekjps. changes and implemenls its strategy. Materlal Investments Policy The Bank Account is reviewed daily. Al present the Charity dces not Consider itself to have sufficienl funds to invest elsewhere and receNe a beneficial relum. Th￿ however is a matter whith is conlinually under review. Plans for future periods Diverse Cymru is seeking to develop and exp* our services to ensure we are at4e to help create a nab.on wilhout prejudice or discriminat￿n. where every person is equal and diversty is celebrated, and our mission 1$ lo eliminate discrimination and inequality. Our new pan Wale5 Mental Health Hub, supporting Black. Asian and Minority Ethn￿ Communits"es across Wales. will launeh in May 2022. in addition lo our partnership wtth Marie Curie Cymru to ensure equilable access to bereavemnt support. Ihal launches in Aprsl 2022. Truslees. reSpO￿lbilitIos Statement The trustees, who are also directors for the purposes of company Lgw, are responsible for preparing the trustees. report and the financial ststen*nts in accordance with applicable law and Uniled Kingdom Accounting Standards (United lQngdom Generally Accepted Ae¢ounting Prath"ce}. Company law requires the chanty trustees to prepare finanoal statements for each year whi¢h give a true and fair view of the state of affairs of the charitable company and the incoming resources and applicalim of resources, including the income and expenditure, for that Per￿$. In preparing these financial statements, the tnjstees are required lo." sdect suitable accounting poliryes and then appty them consistenty; observe the methods and prinryples in the applicable Charilres SORP", Diverse Excellence Cym ru Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (C￿lIn￿•￿} Year ended 31 March 2022 make judgff*nts arKI accounting estimates Ihat are reasonable and pn*Jent state whether applicab￿ UK Ac£ounting Standards have been followed. subj'ect lo any materk81 departures d￿ClOSed and explained in the financial statements" prepare the finanual stslements on the going concem basis unless it is inappropriate to presume Ihal the charity will continue in business. The Iruslees are responsible for keeping &Jequate accounting records that are sufficient lo show and explain the charity's transactions and discbse wf(h reasonable accuracy al any time the financial position of the charity and enable them to ensure that the financial statements comply with the CompanEs Act 2006. They are also responsible for safeguarding the assets of the charity and hen for tsking reasonab￿ steps for the prevenb.on and detection of fraud and other irre9ularilies. Audltor Each of the persons who is a trustee at the date of appfoval of this ￿[￿rt Confirms thal." $0 far as they are aware. there is no relevant audil infOrMatK￿ of whth the charty's auditor is unaware." and have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit Informati￿ and lo establish Ihal the charity's auditor is awa￿ of that information. The auditor is deemed to have been re•appointed in arcordance wilh seclK)n 487 of the Companies Acl 2006. The Iruslees. annual report and the strategic report were approved on 22M November 2022 and signed on behalf of the board f trustees by-. Mr J VMII" Mrs HEoberts Pushva IF Trustee & ChairofFinance and HR Sub Committee Interim Chair of rustees Diverse Excellence Cymru Limited Company Limited by Guarantee Independent Auditorfs Report to the Members of Diverse Excellence Cymru Limited Year ended 31 March 2022 Oplnion We have audiled the ffinancial state￿￿nts of DNerse Excellen￿ Cymru Limrted (the 'charity') fol the year ended 31 March 2022 which comwise the statement of financial activities {induding income and expenditure accounll, statement of ffinancial position. statement of cash flow5 and the related notes. including a summary of signifunt accounting polic￿S. The financial reF￿1n9 framework that has been applied in their preparab.on is appluble law and Unrted Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generalty kcepted Accounb'ng PraCb￿). In our opinion the finanoal statements.. give a true and fair view of the state of the chanty's affairs as at 31 March 2022 and of its incoming resources and appli¢atiw of resources, including its income and expenditure, for the year then ended., have been property prepared in accordance with United Kingdom Generally Accepted Accounbng Practice". have been prepared in accordan￿ wilh the requirements of the Companies Act 2006. Basis for opinion We condLFCted our audit in aceordan¢e with Inlernalional Standards on Audtting IUKI IISAS IUKII and applicable law. Our respons1tsl￿"eS under those standards are further described in the audito¢s responsibilrties for the audit of the fina￿La1 statements secb.on of our rep)rt. We are independent of the charty in accordance wrth the elhtcal requirements that are ￿levant lo our audrt of the financial statements in the UK, including the FRC'S Eth￿al Standard, and we have fulfilled our other ethical responsibilrties in accordance these requirements. We believe that the audit evidence we have obtained is suffrient and appropriate to proV￿e a basis for our O￿n￿n. Concluslons relaling to going concern In audrting the financial stateffEnts. we have conduded that the trustees. use of the going concern basi5 of accounting in the preparation of the financia statements is appropriate. Based on the work we have perfomied. we have not ￿ent'fied any material U￿ertainl1es relating lo events or condrttons that. indNidually or eolle¢tively, may cast sjgnificanl doubt on the charity's ability to continue as a going concem for a period of at least twelve months from when the financial statements are aulhorised for issue. Our reSp￿SibIlit￿S and the responsibilities of the trustees with respect lo going concem are des¢ribed in the relevant sections of this reFort. Diverse Excellence Cymru Limited Company Limited by Guarantee Independent Auditorfs Report to the Members of Diverse Excellence Cymru Limited {¢ontinu•dJ Year ended 31 March 2022 Other Infomiation The other information comprises the infomiaiM)n included in the annual repcrt other Ihan the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not Cover the other informats.on and, except to the extent otherwise explicity stated in rep￿. we do not express any fcm of assuran¢e conclusion thereon. In connection wrth our audit of the financial State￿￿nts. cur ￿ponsIbIlity is lo read the other information and. in doing so. consider whether the other inforrnats.on is materially inconsistent with the financial statements or our kncwledge obtsined in the audit or othemise appears to be materially misstated. If we idenb'fy s￿h material inconsLStencies or apparent material misstatements, we are required to determine whether there is a material misstslewent in the financial statements or a material misstalemenl of the other infomiation. If, based on the work we have performed, we condude that there is a material rr4sstalement of this other infomation, we a￿ required to ￿pOrt that fact. We have nothing to report in regard. Opinions on other matters prescribed by the Companles Act 2006 In our opinion. based on the work undertaken in Ihe course of Ihe audrt". the infomialion given in the Iruslees, report for the financial year for wh￿h the financial statements are prepared is consistent wilh the financial ststements". and the trustees. report has been prepared in accordan￿ applicable legal requirements. Matters on which w• arp r¢quired to report by exceplion n the Iwhl of the knowledge and understsnding ofthe charity and rts environment obtained in the cOu￿e of the audit. we have not identified material misstatements in the trustees. report. We have nothing to report in resFect of the following matters in relatfvjn to which the Companies Act 2006 requires us to report lo you rf. in our opinion.. adequate accounting records have not been kepl or returns adequate for our audrt have not been received from branches not visrted by us.. or the financial statements are not in agree￿nt wth the accounting records and reiums," or certain disdosures of trustees, remunerab'on specffied by law are nol made.. or we have not recerved all the infomiation and ex￿nationS VE require for our audit. 10- Diverse Excellence Cymru Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Diverse Excellence Cymru Limited fconiinu•d) Year ended 31 March 2022 R•sponsibilities of trustees As explained more fulty in the trustees. responsibilities statement. the trustees {who are also the directors for the purwses of company law} are respK)nsible forthe preparabon of the financial statements and for being satisf*d that they give a true and fair view. and for such internal control as the trustees delemiine is necessary to enable the preparati)n of financial 5taternents that are free from matertal misstalerrEnt. whether due lo fraud or em)r. In yeparing the financial statements. the trustees a￿ reswnsibk for assessing the charity's ability to continue as a going concern. disdosing, as appl￿ble, matters related to going ¢on¢em and using the going concern basis of accounting unless the Iruslees either intend lo liquidate the charity or to cease operalTrons, or have no realist"c attem*ive but to do so. 11 Diverse Excellence Cymru Limitsd Company Limited by Guarantee Independent Auditorfs Report to the Members of Diverse Excellence Cymru Limited (continu8dJ Year ended 31 March 2022 Auditor's responsibilities for the audit of the financial statements Our objecbves are to obtain reasonable assurance ab)ut whether the financial statements a5 a whole are free from material misstatement, whether due lo fraud or error, and to issue an auditor's report that includes our opinion. Reasonab￿ assurance is a high level of assurance, but is not a guarantee that an audit conducted in ￿ordance with ISAS (UK) will a￿vaYS delecl a material misslalemenl when il exists. Misstatements can arise from fraud or error and are conshdered rnaterial rf. Individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users tsken on the basis of these finan￿81 statements_ Irregularities. including fraud. are instances of non-complian￿ laws and regulations. We design procedures in line wrth our responsibilitses, outlined atove. to detect material misstatements in respect of irregularities, induding fraud. The exlent to which our procedures are capable of detecting irregularit￿. including fraud 15 detsikd below- By enquiring with senior management and those charged wilh govemance all area of risk idenlffied were considered and any potential lilmjation or claim. if any, were noted Ensuring by enquiry that there were no tssues of non-compliance with and regulations relating lo lax and compliance By obtaining an understanding of the Chanty's policies a￿j procedures on compliance with laws and reguLqtions, and wrth best accounting praeb Noting issues discussed with twslees. and the senior management team as this relates to risks faced by the charity Rewewing nfrymats.on received from the charity's solKitors. if any and diwssing their contents with the trustees, Reviewing diselosures in the finanryal stste￿nIs and tesb'ng to supporting documentab'on to assess ccmpliance with aF)plicable laws and regulat￿n5 Auditing the risk of management overr#les of controls induding testing ioumal entn.es and other Jjustmenls forappropriateness and evaluats'ng the business rationale ofsignifieanl transa¢tsons outside the nofmal course of business Considering the effect on risk to the charity of the Covid-19 pandemic and the UKS departure from the EU. In parts"cular to note whether any such issues would affe¢t the charity's ability to continue to trade. Through these prctedures, we did not become aware of acbjal or suspected non-compliance. As part of an audit in accordance with ISAS (UK). we exeruse professional judgment and maintain professional scepli¢ism throughout the alId￿ We also." l(Jentfy and assess the risks of material misstatement of the financial statements.. whether due to fraud or error, design and perform audit PrO￿dUreS responswe to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement ￿s￿lI1ng from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery. inlenb.onal omissions. Mlsrepresentst￿s. or the override of internal contrd. -12- Diverse Excellence Cyrnru Limited Company Llmited by Guarantee Independent Auditor's Report to the Members of Diverse Excellence Cymru Limited (¢Oftllnu¢dJ Year ended 31 March 2022 Obtain an understanding of internal control relevant to the audit in order to design audit Pr￿edureS that are appropriate in the circumstances, lyJt not for the purpose of expressing an opinion on the effectiveness of the internal control. Evaluate the approwthness of accounting poI￿leS used and Ihe reasonableness of accounts'ng estimates and related d￿clOSureS made by the trustees. Conclude on the appropriateness of the trustees. use of the going concern basis of accounting and, based on the audit evidence obtsined. whether a material uncertainty exists related to events or conditions that may cast sKJnfficant doubl on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required lo draw attents.on in our auditor's report to the related dtsckjsures in the financial statements or, rf such disclosures are inadequate. to rrndify our opinion. Our condusions are based on the audit evidence obtained up to the dale of our audilols report. However. future events or condib.ons may cause the charity lo cease to continue as a going con￿M. Evaluate the overall presentation. Str￿ture and content of the fina￿la1 statements, including the disclosures, and whether the financial slalements represent the underlying transactions and events in a manner that achieves fair presenLqtiM. We Communicate with those charged wth governance warding. among other mallers, the planned scope and timing of the audit and Significant audit findings, including any significant defficiencies in internal control that we Klenlfy during our audit. Use of our report This report is made solely lo the charity's members, as a boty. in actordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audrt work has been undertaken so that we might stale to the charty's members Ihose matters we are required lo stste to them in an auditorfs reFQrt and for no other purpose. To the fullest extent pem)itted by law. we do not accept or assu￿￿ reswnsibilty to anyone other than the charity and the charity's members as a body. for our audit work, for this report. or for the opinions we have formed. Jonathan Rhodes Bsc 8FP FCA {Senior Stalulory Audit￿) For and on behalf of Walter Hunter & Co Limited Chartered xcountants & statutory auditor 24 Bridge Street Newport South Wales NP20 4SF 22r￿ November 2022 13- Diverse Excellence Cymru Limited Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 Ma￿h 2022 2022 Restricted fvnds Totsl funds Total fiJnds 2021 Unrestricled funds Income and endowments Donations and legacies Charitable activrties Other ineome Direct payments Total income 2.999 2.999 440.764 2.285 257.635 2.556 323,646 17,097 1,095,280 1.438.579 440.764 2,285 257,635 262,919 440,764 703,683 Expenditure Expenditure on charitable activities Total expendllure 467,746 373,597 841,343 841.343 1,204,128 1,204,128 467,746 373.597 Net (expenditur¢yin¢ome and net movement In lunds {204.827) 67.167 (137.6601 234,451 Rgconclllatlon of funds Total funds brought forward Total funds carrfed forward 735.562 735,562 501.111 530.735 67.167 597.902 735.562 The ststemenl of financial activities includes all gains and losses recoJnised in the year. All ineome and expenditure derive from c￿n￿￿Ulng ath"vrt*s bul note thal actNty from Wales has discontinued. The notes on pages 17 to 33 forni part of th￿e financbal statements. 14- Diverse Excellence Cymru Limited Company Limited by Guarant•• Statement of Financial Position 31 March 2022 2022 2021 Flxed assets ILS Database Tangible fixed assets 15 16 35.770 8,270 38,554 1,867 40,421 Current assets Debtors Cash al bank and in hand 17 198.456 504.162 227,867 603,570 702.618 831.437 Creditors: amounts falling du• within one year Net current assets 18 148,756 136,296 $53,862 597.902 695, 141 735,562 Totsl •ssgts less curront liabilitios Net assets 597,902 735,562 Funds of the charity Reslricled funds Unrestricted fvnds 67,167 S30,735 597.902 735,562 735,562 Total charty funds These financial slatewÉnts were approved by the board of trustees and aulhorised for issue on 22nd November 2022, nd are on behalf of the board by.. MrJWIl MrsH Trustee & Chair of Finance and HR Sub C¢)mmrtee Interim Chair of Trustees The notss on PAgts 17 to 33 fomi part of Ih•se financi•l stattrnents. -15- Diverse Excellence Cymru Limited Company Limited by Guarantee Statsment of Cash Flows Year ended 31 March 2022 2022 2021 Cash Ilows from operating activitses Net lexpendilure}lincome (137,6601 234.451 Adjuslments for." Depreciation of tsngible fixed assets Amortisalion of ils database Interest payable and similar tharges Accrued expenses 1,3SO 2.784 3.345 38,875 3,581 2,784 9,850 90,006 Changes in." Trade and other debtors Trade and other creditors 28.149 125,153) 188.310) {131,535) 27,012 Cash generated from operatws 236,149 Interest paid Net ¢ash ILFsed inllfrom operating activities (3,345) (91.655) {9,8SO) 226.299 Cash flows from investlng activities Purchase of tsngible assets Net cash used in investing activities 17.7531 17,7531 Not (decreaSe￿Increase in cash and cash equNalents Cash and ca$h equivalents at beginning of year Cash and cash equivalents at end of yeaf (99,408> 603.570 226,299. 377.271 504,162 603.570 Th• n¢t•s on pag•$ 17 to 33 fomi part ofthese financial statemen -16- Diverse Excellence Cymru Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2022 Gèneral information The charity is a public benefft enlity and a private company limited by guarantee. registered in England and Wales and a registered charity in England and Wales. The address of the registered office ts Alexandra Hc4Jse. 3rd Floor. 307 - 315 Co*bridge Road East, Cardrft, CF5 1JD. ststement of ¢omplian¢e These ffinancial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement of Recommended Pra¢ts"o applicable to charit*s preparing their accounts in accordance with the Financial Reporting Standard applicab￿ in the UK and Republ￿ of Ireland {FRS 102) (Charities SORP IFRS 10211 and the Compan￿5 Act 2006 Accountlng pollcles Basls of pfeparallon The financial staterrenls have been prepared ￿ the histo￿1 cost basis. as modified by the revaluation of certain finanerdl assets and liabilities and investment prO￿rtieS measured at fair value through incon* or expenditure. The financial statements a￿ prepared in sterling. which is the fvnctional currency of the entity. rouThJed to the nearest pound. Going concern There are no malefial uncertaintEs atout the tharivs aly'lity to continue. Judgements and kty sources of estimation uncertainty The preparalron of the finan¢kql statements requires management lo make judgements, estimates and assumptions that affect the amounts rep)rted. These estimates and judgements are continualty reviewed and are based on experien￿ and other factors, including expectations of future events that are believed lo ￿ reasonable under the circumstances. Fund accounting Unrestrieled funds are avaiL4bte for use at t1￿ discretK•n of the trustees to further any of the charity's purposes. Restricted ftjnds are subiected to restricti.ons on their expendrtuTr declared by the donor. -17- Diverse Excellence Cymru Limited Company Llmited by Guarantee Notes to the Financial Ststements (coftfrnuqd) Year ended 31 March 2022 A¢counting poNcles Incoming resources All incoming resources are included irk the statement of financial activilies when enlitlerrenl has passed to the charity.. rt is probable that economic benefits associated with the transaction will fl¢)W to the charity and the amount can be reliably measured. The following SFe¢ffi¢ policies are applied to particular &itegories of income" income from donations or grants is recTr3nised when there is evidence of entrtlemenl to the gift, re¢eipt is probable and its amount can be measured relk4bly. income from contracts for the supply of services is recognised with the delivery of the contracted service. This ts dassfied as unrestn'cted funds ￿n￿$S there is a Contractual requirement for it to be spent on a parts'cuL3r purpose and retumed rf unspent. in which case may be regarded as restn'cted. Resources èxpendtd Expenditure is recognised on an &cruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headiros of the statement of financial t1vrt￿S to rt relates.. expenditure on raising funds indudes ihe costs of all fvndraL¥ing activities. events. non- Charitab￿ trading actNitres. and Sa￿ of donated gocmls. expenditure on charitable xb"v￿.es includes all costs incurred by a charity in undertaking activities that further its Charitab￿ aims for the benefit of its teneficiaTies. induding Ihose support costs and costs relabng lo the governaft￿ of the charity apportioned lo charitable activities. olher exFenditure indudes all expenditure that is neither related to raising funds forthe d)anty nor part of ils expenditure on Charitab￿ ac11vit￿5. All eosts are allcKaled lo expendrture categories refleeling the use of the resource. Direct costs attributable to a single actrvity are auccated directy lo that actwity. Shared costs are apportioned befv￿en the actNilies they contn.bule lo on a reasonable. justifiable and consistent basis. Amortisatlon Amortisation is cakulaled so as to write off the cost of an asseL less its estimated ￿sidUal value, over the useful lrfe of that assel as follows.. 'ILS' Database Over the useful economic life of 10 years less 50% reS￿JUa1 value -18- Diverse Excellence Cymru Limited Company Limitsd by Guarantee Notss to the Financial Statements (conthu8d) Year ended 31 March 2022 Accounllng pollcles rconUnu•dJ Amortisalion (contlmnd) If there is an indicat￿n thal the￿ has been a signfficant change in amorhsation rate, useful life or residual value of an 1ntsnglb￿ asset, the amortisatioft is revised prospeelively to reflect the new e5tr"mates. Tangible assets Tangible assets are initially recorded atcos( and subsequentty stated ateosl ￿s$ any accumulated depreciation and Impalm￿nt losses. Any tsngible assets carried al revalued amounts are recorded at the fair value al the date of reValuat￿n less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreclatlon Depreciation is calculated so as lo write off the cost or valuation of an asset less ils residual value, over the useful economic lrfe of that asset as follows.. Equipment Fixtu￿$ & Frtb"ngs 20% p.a. straoht line bass 20% p.a. strai9ht line basis Impalrment of fixed assets A review for indicators of impaimenl is carr￿d out at each repo￿ng date, with the recoverable amount being estimated where suth indicators exist. Where the carrying value eX￿edS the recoverable amount, the asset is impaired accordingly. Prior I￿alrments are also reviewed for possible reversal at exh reporting date. Financial inslruments A financial asset or a financial liability is reco9nised onty when the entity becomes a paty to the contractual provisions of tt*e instrument. Basic financial instruments are inthalty recognised at the aryK)unl receivable or payable including any related transaction costs, unless the arrangement consb"lutes a financing transaction, where il 15 recognised al the present value of the fuiure payments discounted at a market rate of interest for a similar debt instrument. Currenl assets and ¢urrent liabil￿"e5 are subsequenuy ff*asured at the ¢ash or other cOns￿eration expected to be paid or r￿1Ved and not discounted. -19- Diverse Excellence Cymru Limited Company Limitsd by Guarantee Notes to the Financial Statements {c*￿tr￿￿ed} Year •ndod 31 March 2022 Accountlng policies {conUnu8d) Oefined contribulion pl•ns Contributions lo defined contribution plans are recognised as an expense in the period in wh￿h the related seNice is provided. P￿pa￿ Contributions are recognised as an asset to the extent that the prepaymnt will lead to a reduction in future payments or a cash rehjnd. en contributions are not expected to be settled wholly within 12 rrwJnths of the end of the repryting date in whi¢h the employees render the related 5ervt¢e, the liability is n*asured on a discounted present value basis. The unwinding of the disetsJnt is rec&Jnised as an expense in the period in wh￿h it arises. Limited by guarantee The charity is inCorp￿ated under the Companies Act 2006 and is limited by guarantee, each member having undertaken lo contn'bule such arrKJunls not exceeding one pound as may be required in the event of the company being wound up whibt he or she is still a member or within one year Ihereafter. There are 9 rrÈmbers of the company. Donations Unrestricied Funds Restricted Total Fund$ Funds 2022 Donations 2.999 2,999 2,999 2.999 Unrestricted Funds Restrthd Total Fund$ Funds 2021 Donat*)ns 2.556 2,556 2.556 2.556 Diverse Excellence Cymru Limited Company Limited by Guarantee Notes to the Financial Statements fcontsnu8d) Year ended 31 March 2022 Charitable activltle5 Direct PayrrEnts In helping to meet the 'lndependent LNing' needs of disabled people, Dwer5e Cymru provided direct payment support Servi￿ on behalf of West Wales. Newport. BrpJ9end. Swansea and Gwynedd County Counals to assist servti users with all asrects of Direcl Payments. RestrKted T¢)tal Funds Funds 2022 Restricted T¢)tal Funds Fund5 2021 Policy Training Policy Management Social Care Wabs- Policy project Creu Cymru IACW Cardiff & Vale University Lctal Health Board Mental Health Grant Cardiff University SLA Vale of Glamorgan Welsh Government Section 64 Welsh Government toolkit Welsh Government- Cultural Competency Certification Welsh Government- Mental Health Recovery Support Fund Natural Resources Wales Swansea UnNersrty - Equality and Human Rights Research WCVA. Advocacy HAFAL Newport- Mental Health Proje¢t WG Community Cohesion LHB Additional Marie Cune Mental Health Additsonal 17.050 1.350 17.050 1.350 14.000 3,450 6,760 5.518 14,000 3,450 6,760 5,518 2,CN)O 2,OlJO 66.897 3.835 21.765 105.877 66,897 3.835 21,765 105.877 66.597 3.300 18.041 97.642 8.594 66,597 3,300 18,041 97,642 8,594 65.697 65.697 13,508 13,508 53.197 8,014 53.197 8,014 16,317 1,986 16.317 1,986 19,363 19,773 28.797 19,363 19.773 28.797 26.362 42.936 12.000 7.085 1.549 5.150 26.362 42.936 12,000 7,085 1,549 5.150 440.764 440,764 323.646 323,646 Diverse Excellence Cymru Limited Company Lirnited by Guarantee Notes to the FinancSal Statements {conbfiu8d) Year ended 31 March 2022 Other income Dired Other In￿me Payments Total Unrestn'cled Funds Restricted Total Funds Fund$ 2022 serv￿ user invofvemenl training Other Income Race Equality Management Wesl Wales- Direct Payments Newport- Oirect Payments Bridgend - Direct Payments Swansea - Direct Payments Gwynedd - Direct Payrnents 2.285 2.285 2,285 101.041 31.056 40.270 39.812 45,456 101,041 31,056 40,270 39,812 45,456 101,041 31.056 40.270 39.812 45,456 257,635 2,285 259.920 259.920 Direct Other Income Payments Total Unrestricted Funds Restn"cled Total FuThJs Funds 2021 Service user involvement trainirvj Other Income Race Equality Management Wesl Wales- Direct Payments Newport- Direct Payments Bridgend - Direct Payments Swansea - DI￿¢1 Payments Gwynedd- Direct Payments 2,200 8.835 4,812 2,200 8,835 4.812 971,235 31,087 92.958 1,250 3450 8,835 4,812 971,235 31,087 92,958 971.235 31.087 92.958 1.095.280 15.847 1.111.127 1,250 1,112,377 -22- Diverse Excellence Cymru Limited Company Limited by Guarantee Notss to the Financial Statements Year ended 31 March 2022 Exp•nditur• on charitable activtties by fvnd type un￿1n.¢ted Restricted Total Fun¢ts Funds Funds 2022 Policy Training Policy Management Creu Cyrnru Cardiff and Vale UnNersity Heallh Board Menlal Health Grant Vale of Glamorgan Welsh Government Section 64 Welsh Govemrrent Toolkit Welsh Government- Mentsl Heath Recovery Support Fund Welsh Govemment Cultural ComFetency certificats.on Swansea UnNersity - Equality WKI Human Rights Research Natural Resource Wales HAFAL Direct Payments-. Bridgend Direct Payrrents - Newport Direct Payments- Wesl Wales Direct Payments - Gwynedd Direct Payments - Swansea Social Care Wales WCVA . Advocacy Cardiff Universty WG Community Cohesion Mental Health AddIt￿nal LHB Additional Marie Curie Support costs 40.121 40,121 46.347 27,575 81,991 5,738 46,347 27,575 81,991 5.738 38.707 56.434 38.707 56,434 883 36,276 883 36,276 19,659 31,233 992 32,601 17,724 19.659 31.233 992 32.601 17.724 24,109 293 2,400 5,150 7,086 487 24,109 293 2,400 5.150 7,086 365,537 365.537 467.746 373.597 841,343 Unrestricted Funds Reslricled Total Funds Funds 2021 7,598 7,598 1.877 44,749 4,932 4,932 Policy Training Policy Man4ement Creu Cymru Cardiff and Vale UnNersty Health Board Mental Health Grant Vale of Glawan Welsh Government Section 64 Welsh GovernnEnl Toolkit Welsh Government - Mental Health Recovery Support Fund Welsh Government Cultural Coryetency Certifi¢knn 42,872 46,291 16.127 79,494 8,594 46,291 16,127 79,494 10,994 8,619 13.508 8,619 13,508 -23- Diverse Excellence Cymru Limited Company Limited by Guarantee Notes to the Financial Statements f¢oJrfim*dJ Y•ar ended 31 March 2022 Expenditur• on Charitable aclivitles by fund type (continued) un￿tricted Funds Restricted Total Funds Funds 2021 Swanse8 University - Equality and Human R￿hts Research Natural Resource Wales HAFAL Direct Payments- Bridgend Direct Payments - Newport Direct Payments - Wesl Wales Direct Payments - Gwynedd Direct Payments - Swansea Social Care Wales IKVA . Advotscy Cardiff Universty WG Community Cohesion Mental Health AdditDnal LHB Addlt￿ftal Marie Curie Support costs 10,500 1.986 24.225 10,500 1,986 24.225 26,760 28,725 359.817 26,760 28,725 359.817 3.669 17.675 1.793 3.669 17,675 1,793 418.658 879.232 78,008 324.896 496,666 1,204.128 Expenditure on charitable a¢tivities by actrvity type AclNilies undertaken directly Suprort costs Total funds 2022 Total fvnd 2021 Policy Training Policy Managetr£nt Creu Cymru Cardiff and Vale Universty Health Board Mentsl Heatth Grant Vale of Glamorgan Welsh Government SectDn 64 Webh Government Toolkit Welsh Government- Menlal Heawh Recovery Support Fund Welsh Government Cultural Competency Certification Swansea University - Equality and Human Rights Research Natural Resource Wales HAFAL Direct Payments- 8ridgend Direct Payments- Newport Direct Payments- West Wale5 Direct Payments- Gwynedd Direct PayrrEnls- Swansea Sc£ial Care Wales WCVA- Advoca¢y Cardrfl Universty 14.000 46,322 5,518 40.121 40,121 46.347 27,575 81,991 5.738 46.347 27,575 81,991 5,738 67,847 18.041 97.642 10.994 38.707 38,707 16,317 56.434 56,434 13.508 19.363 1.986 28.797 26.760 28,725 493.063 883 36,276 19.659 31.233 992 32.601 17.724 883 36,276 19.659 31.233 89.392 32.601 17.724 277.137 88.400 6.760 19,773 3,3Crt) 24.109 293 24,109 293 Diverse Excellence Cymru Limited Company Limited by Guarants• Notes to the Financial Statements (conb"nUtd) Year ended 31 March 2022 Expgnditure on eharitsble activiti￿ by activity type Icontinu•dl Activil undertaken directty SupFQrt costs Total funds 2022 Total ffijnd 2021 Communty Cohesion Mental Health Addrtional LHB Additional mar￿ Curie Central Costs 2,400 5,150 7,086 2,400 5.150 7.086 285,412 475,806 365.537 841.343 1,204,128 10. Analysis of support costs Direct Payments kst Wales Central Costs Tolal 2022 Total 2021 Staff costs Premises Communicati¢)ns and IT Finance costs Governance costs Other tsffi￿ costs Activrties Dep￿ciall0n 77,792 142,229 39,545 17,494 1,658 45,823 26.254 220.021 39,545 20.076 2.290 51,612 27.859 355,009 38.738 20.587 1.792 41.681 31.208 1,286 6.365 2,582 632 5.789 1.605 4,134 277.137 4,134 365.537 88,400 496,666 11. Net lexpendllureylncome Nel lexpendrtureyincome is stated after chargin￿(Credib"ngl.' 2022 2021 ArTh)rtisation of ILS datsbase Depreciation of tangible ffixed a55ets Auditors remuneration 2.784 1.350 6,696 2,784 3,581 6,258 12, Staff costs The total stsff costs and employ* beneffts for repcvting period ￿e anatysed as follows.. 2022 2021 Wages and salarEs s￿la1 security costs Effyloyer contributions to pension plans 570,312 46,238 12,479 629,029 869,858 59,336 20,440 949.634 Diverse Excellence Cymru Limitsd Company Limiled by Guarantee Notes to the Financial Statements (coftlinued) Year ended 31 March 2022 12. Staff costs (continuett) The average head count of employees during the year was 25 (2021.. 401. The average number of full lime equivalent employees during the year is analysed a5 follows." 2022 No. 22 2021 No. 37 Number of staff No employee received errrf>loyee benefits of ￿rf)re than £60.000 dunng year (2021.. Nill. 13. Trustee vemuneration and expen$¢s No trustee r￿1Ved any reff￿neratiOn during the year12021". £nil>. AJI trustees are entitled to claim expenses for attending meetiigs. trustees claimed a total of £268 in respect of rr£ebng expenses (2021: £50) 14. Transfers between funds There were nil transfers belween fvnds during the year {2021: £75,449). 1S. Intangible ass•ts ILS Datsbase Valuation At 1 April 2021 and 31 March 2022 Amortisation At 1 April 2021 Charge for the year At 31 March 2022 55,797 17,243 2,784 20.027 Carrylng amount At 31 March 2022 35.770 At 31 March 2021 38,554 Diverse Excellence Cym ru Limited Company Limited by Guarantee Notes to the Financial Statements (con Year ended 31 March 2022 16. Tangible r￿ed assets Land and Fixtures and buildings fitbngs Equiprrent Total Cost At 1 April 2021 Additions 5.307 14.939 89.225 7,753 96,978 109,471 7.753 At 31 March 2022 5,307 14,939 117,224 Ogprgciation At 1 Apfil 2021 Charge for the year At 31 March 2022 5.307 14.939 87.358 1,350 88.708 107,604 1.350 5.307 14.939 108.954 Carrying amount At 31 March 2022 8,270 8,270 At 31 March 2021 1.867 1,867 17. Debtors 2022 2021 Trade debtors Prepayments and inrAJn 191,089 7.367 220.157 7.710 198.456 227,867 18. Credito￿. amounts falling due within one yoar 2022 2021 Trade creditofs Oelerred irkcome Accruals Social security and other tsxes Other credrtors 8.611 61.815 66,349 11.981 9,652 28,385 62,165 15,506 20,588 148,756 136,296 19. Deferred income 2022 2021 At 1 April 2021 Arrv)unt released to in¢ome Amount deferred in year At 31 March 2022 28.385 128.3851 61,815 61.815 1,5CN) 11,500) 28,385 28,385 Diverse Excellence Cymru Limited Company Limitsd by Guarantee Notss to the Financlal Statements (coftlinwd) Year ended 31 March 2022 19. Oeferred income (contlnued) Grant fvnding included within Deferred Ir￿orr￿ and accnjals as at 31 March 2022: LHB Additional Mental Health Addf(ional Welsh Government Cultural Comwency CertIficat￿n HAFAL Cardiff University BME Marie Curie 17,91 S 11.850 13,459 1,665 3,450 2.015 61,815 20. Pensions and other post retirement benefits Defined contri1￿110￿ plans The amount r￿Ognised in income or expenditure as an expense in relatb)n to defined ¢ontributDn plans was £12,47912021.. £20,440) 21. Analysls of charitable funds Unrestrictod funds At 1 April 2021 At 31 March 2022 Income Expenditure Transfers General funds 735.562 262.919 {467.746} $30,735 735.&82 262.919 {467.746} 530,735 At 1 April 2020 At 31 March 2021 Inco￿￿ Expendrture Transfers General fund$ 425,662 1.113,683 1879,2321 75.449 735,562 425,662 1.113.683 1879.2321 75,449 735,562 -2& Diverse Excellence Cymru Limited Company Limited by Guarantee Notes to the Flnanclal Statements {COnlin Year ended 31 March 2022 21. Anatysis of charitable funds Restricted fund$ At 1 April 2021 At 31 March 2022 Incoffe Expenditu Transfers Welsh Government- Section 64 Vale of Glarr￿rgan Mental Health Addib"onal LHB Additional Social Care Wales Cardiff University Creu Cymnj Poly Managerrent Poly Training Welsh Government Cultural Competency Certification Swansea Univefsity - Equality and Human Rights Research Natural Resource Wales HAFAL Newport Mental Health Projeel Cardiff and Vale University Health Board Mental Health Grant Webh Government Mental Health Recovery Support Fund WCVA- AdvcfJacy WG Toolkit Marie CLTrrie WG Community Cohesion 105.877 21,765 5,150 7,085 181,991) (27,5751 15,1501 {7,0861 23,886 {5.8101 3.835 2.000 1.350 17.050 12931 3.542 2,000 (38,7711 17.050 (40.1211 65.697 {56.434} 9,263 8.014 18831 7,131 42.936 136,276) 6,660 66.897 146,3471 20,SSO 53.197 26.362 {38.707) {24,1091 15.7381 (4871 14.490 2,253 15.738 1.062 1.549 12,(KJO {2,400) 9,600 440.764 1373.5971 67.167 Diverse Excellence Cymru Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2022 21. Analysis of chariiable funds (c At 1 April 2020 Ai 31 March 2021 Income Expendituie Transfe Welsh Govemment- sects.on 64 Vale of Glamorgan Mental Health Addrtional LHB Additional Social Care Wales Cardiff Univeisity Creu Cymru Policy Management Poli¢y Training Welsh Govemment Cultural Competency Certification Swansea University _ Equalty and Human Rights Research Natural Resource Wales HAFAL Newport Mental Health Project Cardiff and Vale Unwersity Health Board Mental Health Grant Welsh Government Mental Health Support Fund 37.179 97.642 18.041 197,6421 (18.041) {37.179) 6.760 3.300 5.518 3.450 14.000 (6,7601 13,3CQ) 15.518) {3,4501 (14,000) 13.508 (13,508} 19.363 1,986 119.363} {1.9861 28.797 128.7971 38.270 67.847 {67.8471 (38,2701 16.317 19.773 8.594 {16,3171 {19,7731 (8.594) WG Twlkil Marie Curie WG Communty Cohesion 75.449 324.8 {324,896} {75.449) Diverse Excellence Cymru Limited Company Limited by Guarantee Notes to the Financial Statements f¢oftbnue Year ended 31 March 2022 21. Analysis of charitable funds (¢Mtinu¢a) Welsh Govemment Section 64 third sector ￿￿tal heath grant - All-wales ￿ents1 Health Proje¢t that focuses on representing the views, opin￿n$ and experiences of ethnic minority adults with mental ill-health to poly makers and practs"tK)ners at a strategic thl. Vale of Glamorgan Independent Professional Advocw Serv￿ to disabl&J adults. Mental health awareness raising lo schoolchildren in Key Stsges 2 and 3. and young people up to 25 yeafs old in Cardiff. NewFxxI. Swansea and Wrexharn wrth a fows on supporting ethnic minority chiklren and young people. Creu Cyrnru - The project w knrywn as Hynt wtll enable disabled customers and their carers to ¥cess consistent eoneessions when purchasing tickets across all theatres and arts centres in Wa￿s. The developed scheme fol￿ out nalionalty. wll act as a catalyst a￿j valuable tool for audience devebprnenl across the venue ne￿Ork. Strenlhening and Advancing Equality and Human RpJhts in wa￿ research and polry project - Partnership with Swansea and Bangor Universrties. Funded research for WeLsh Government. Natural Resources Wales - Equalty, DNersity and InclusK)n ￿search an¢J consultancy projec( including staff and stakeholder eng4ement Adfeiriad Iformerly Hafall- Partnership with Adfeiriad to provide commissioned services for Aneurin Bevan UH8. Providing rrental health 'Reco¥ery Wlorkers. to ensure culturalty compelence mental health SUPF