| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | f. | f, | ||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
19,568 | 19,568 | 117,932 | |||
| Charitable activities |
||||||
| Audio Service | 11,800 | 11,800 | 8,853 | |||
| Bangor Resources Centre Rehabilitation Service |
7,204 | 118,593 | 7,204 118,593 |
21,749 118,593 |
||
| Other trading activities Investment income Other income |
22,627 55,358 3,831 |
22,627 55358 ~3831 |
7,966 53,451 |
|||
| Total | 120488 | ~118593 | 238,981 | ~328 544 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 6 | 19)213 | 19)213 | 9,716 | ||
| Charitable activities |
||||||
| Audio Service | 35,913 | 35,913 | 34,891 | |||
| Bangor Resources Centre Rehabilitation Service Counselling |
303)920 | 165,446 ~529 |
303,920 165,446 5429 |
251,478 123,715 878 |
||
| Total | 359,046 | 170,775 | ~529$21 | 420,678 | ||
| Net gains on investments | ~95989 | 95,989 | 443,353 | |||
| NET INCOME/(EXPENDITURE) | (142,669) | (521182) | (194,851) | 351,219 | ||
| Transfers between funds | 19 | (33487) | 33,587 | |||
| Other recognised gains/(losses) |
||||||
| Actuarial gains/(losses) schemes |
on defined benefit | ~448 000 | 448,000 | 137000 | ||
| Net movement in funds |
271,744 | (18,595) | 253,149 | 214,219 | ||
| RECONCILIATION OFFUNDS | ||||||
| Total funds brought forward |
2,160,149 | 58,254 | 2418,403 | 2,004,184 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,431,893 | 39,659 | ~2471 552 | ~2218 403 |
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 14 | 131,537 | 390 | 131,927 | 136,568 |
| Investments | 15 | ~2429 98 |
~2429 98 | 2,438,598 | |
| 2,560,935 | 390 | 2,561425 | 2,575,166 | ||
| CURRENT ASSETS | |||||
| Stocks | 16 | 25,081 | 25,081 | 22,842 | |
| Debtors Cash at bank and in hand |
17 | 4,400 48,010 |
40,452 | 4,400 88,462 |
11,96$ ~191129 |
| 77,491 | 40,452 | 117,943 | 225,939 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
18 | (24,533) | (1,183) | (25,716) | (19,702) |
| NET CURRENT ASSETS | 52,958 | ~39269 | 92427 | 206,237 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 2,613,893 | 39,659 | 2,653,552 | 2,781,403 | |
| PENSION LIABILITY | 20 | (182,000) | (182,000) | (563,000) | |
| NET ASSETS | ~231 893 | ~39 659 | ~2471 552 | 2,218,403 | |
| FUNDS | 19 | ||||
| Unrestricted funds |
2&431&893 | 2,160,149 | |||
| Restricted funds | 39,659 | 58,254 | |||
| TOTAL FUNDS | 2,471,552 | 2,218,403 |
| DONATION | S AND LEGACIES |
||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| K | |||
| Donations | 10,555 | 10,407 | |
| Gift aid | 6,580 | ||
| Legacies Coronavirus Other grants |
grants | 8,580 433 |
40,537 57,639 2,769 |
| 19,568 | 117,932 |
| 31.322 | 31.3.21 | |||||||
|---|---|---|---|---|---|---|---|---|
| 6 | ||||||||
| Sales-resources | income | 6,953 | 5,863 | |||||
| Sales-volunteers' | shop | 15,674 | ~2103 | |||||
| 22,627 | ~7966 | |||||||
| 4. | INVESTMENT | INCOME | ||||||
| 31.3.22 | 31.3.21 | |||||||
| Investment income |
~55 358 | ~53 451 | ||||||
| INCOME FROM | CHARITABLE | ACTIVITIES | ||||||
| Unrestricted | Restricted | 31.3.22 | 31.3.21 | |||||
| 8 | 6 | |||||||
| Audio and Talking | Book Service | 9,832 | 9dt32 | 8,853 | ||||
| Cyngor Gwynedd | Council | 75,035 | 75,035 | 75,035 | ||||
| Cyngor SirYnys | Mon | 43,558 | 43,558 | 43,558 | ||||
| Royal Society for | Blind Children | 4,800 | ||||||
| Access to Work | 9,172 | 9,172 | 1,949 | |||||
| Betsi Cadwaladr | 15,000 | |||||||
| Total | 199114 | 111993 | 137,597 | 149,195 |
| Other tradi | ng activities | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Purchases | 13,428 | 8,505 | |
| Fundraising | activities | 5,785 | 1,211 |
| 19,213 | 9,716 |
| 7, | CHARITAB | L | E ACI'I | VITIES C | O | STS | |||
|---|---|---|---|---|---|---|---|---|---|
| Grant | |||||||||
| funding of | |||||||||
| activities | Support | ||||||||
| Direct | (see note | costs (see | |||||||
| Costs | 8) | note 9) | Totals | ||||||
| Audio Service | 35,808 | 105 | 35,913 | ||||||
| Bangor Resources Centre | 261446 | 1460 | 41414 | 303,920 | |||||
| Rehabilitation | Service | 165416 | 130 | 165)446 | |||||
| Counselling | 5429 | 5429 | |||||||
| 467,799 | 1,260 | 41,549 | 510,608 | ||||||
| 8. | GRANTS PAYABLE | ||||||||
| 31.3.22 | 31.3.21 | ||||||||
| Bangor Resources Centre | 1,260 | 2,819 | |||||||
| 9. | SUPPORT COSTS | ||||||||
| Governance | |||||||||
| Management | Other | costs | Totals | ||||||
| 5 | |||||||||
| Audio Service | 105 | 105 | |||||||
| Bangor Resources Centre | 32,467 | 4,407 | 4,440 | 41414 | |||||
| Rehabilitation | Service | 130 | 130 | ||||||
| 32,467 | 4,642 | ~4440 | 41,549 | ||||||
| 10. | NET INCOME/(EXPENDITURE) | ||||||||
| Net income/(expenditure) | is stated | after charging/(crediting): | |||||||
| 31.3.22 | 31.3.21 | ||||||||
| Independent | examination | ofthe | accounts | 4,440 | 4,200 | ||||
| Depreciation | - | owned assets | 4,641 | 5,057 | |||||
| Independent | examiners' | remuneradon | for other services | ~1668 | 1,690 |
| STAFF COS | TS | ||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Wages and salaries | 274461 | 243,431 | |||
| Social security | costs | 20,648 | 16,928 | ||
| Other pension | costs | 54,650 | 47,660 | ||
| 349,859 | ~308019 | ||||
| The average monthly | number ofemployees | during the year was as follows: | |||
| 31.322 | 31.3.21 | ||||
| Manager | 1 | 1 | |||
| Direct Charitable | 9 | 8 | |||
| Administration | and Support | 1 | I | ||
| Development | Officer | I | 1 | ||
| 12 |
| 13. | COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| f, | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
114,008 | 3,924 | 117,932 | |
| Charitable activities |
||||
| Audio Service | 8,853 | 8,853 | ||
| Bangor Resources Centre Rehabilitation Service |
1,949 | 19,800 118,593 |
21,749 118,593 |
|
| Other trading activities Investment income |
7,966 53,452 |
7,966 ~53452 |
||
| Total | ~186228 | 142,316 | ~328544 | |
| EXPENDITURE ON | ||||
| Raising funds | 9,716 | 9,716 | ||
| Charitable activities |
||||
| Audio Service | 34,891 | 34,891 | ||
| Bangor Resources Centre Rehabilitation Service |
220,623 | 30,855 123,715 |
251,478 123,715 |
|
| Counselling | 878 | 878 | ||
| Total | 265,230 | 155448 | 420 678 | |
| Net gains on investments | 443,353 | 443,353 | ||
| NET INCOME/(EXPENDITURE) | 364,351 | (13,132) | 351,219 | |
| Transfers between funds |
(5,645) | 5,645 | ||
| Other recognised gains/(losses) |
||||
| Actuarial gains/(losses) on defined benefit schemes |
137000 | ~137,000) | ||
| Net movement in funds |
221,706 | (7487) | 214219 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
1,938,444 | 65,740 | 2,004,184 | |
| TOTAL FUNDS CARRIED FORWARD | ~2160,150 | ~58 253 | ~2218,403 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Fixtures | ||||
| Freehold | and | Motor | ||
| property | fittings | vehicles | Totals | |
| f. | f. | |||
| COST | ||||
| At I April 2021 and 31March 2022 | 170,000 | 91,845 | 9,924 | ~271 769 |
| DEPRECIATION | ||||
| At 1 April 2021 Charge foryear |
38,400 ~3400 |
88,202 910 |
8,599 331 |
135,201 4,641 |
| At 31March 2022 | 41,800 | ~89112 | 8g30 | 139,$42 |
| NET BOOKVALUE | ||||
| At 31March 2022 | 128400 | 2i733 | 994 | 131,927 |
| At 31March 2021 | 131,600 | 3,643 | 1,325 | 136,568 |
| 2021 | 2021 | ||
|---|---|---|---|
| Cost | 32,043 | 32,043 | |
| Accumulated | Depreciation | (7,879) | (7,238) |
| Net Book Value | i4,164 | 24 iiji |
| FIXEDASSETINVEST | MENTS | |
|---|---|---|
| Listed | ||
| investments | ||
| MARKET VALUE | ||
| At 1 April 2021 | 2,43th598 | |
| Additions | 451,778 | |
| Disposals | (508,818) | |
| Revaluations | 47,840 | |
| At 31March 2022 | 2,429498 | |
| NET BOOKVALUE | ||
| At 31March 2022 | 2,429498 | |
| At 31March 2021 | 2,438,598 | |
| There were no investment | assets outside the UK. |
| 16. | STOCKS | 31.3.22 | 31th21 | ||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Stocks | 25,081 | 22,842 | |||||
| 17. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 31.3.22 | 31.3.21 | ||||||
| Other debtors | 'I4400 | 11,968 | |||||
| 18. | CREDITORS: AMOUNTS PALLING DUE WITHIN ONE YEAR | ||||||
| 31.3.22 | 31.3.21 | ||||||
| f | |||||||
| Social security and other taxes Accruals and deferred income |
9,491 16,225 |
10,519 9,183 |
|||||
| 25,716 | 19,702 | ||||||
| 19. | MOVEMENT IN FUNDS | ||||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.4.21 | in funds | funds | 3lxk22 f |
||||
| Unrestricted funds |
|||||||
| General fund | 2,053454 | 3347171 | (174,895) | 2412,630 | |||
| Properly Revaluation Recording Studio Rehab Training Fund |
Reserve | 106,795 | (2,759) (26,081) |
26495 ~114913 |
104,036 314 ~114913 |
||
| 2,160,149 | 305831 | (33,587) | 2,431,893 | ||||
| Restricted funds | |||||||
| Rehabilitation Service |
(34,697) | 35,087 | 390 | ||||
| Community Engagement Dr Rhydian James Grant Antioch Club Community Engageinent |
Officer Fund |
1400 3458 22474 ~31 122 |
~17485 | (1,500) | 3458 22474 ~13637 |
||
| ~58254 | ~52 182 | 33587 | 39,659 | ||||
| TOTALFUNDS | ~218 403 | ~253149 | ~2,471552 |
| Incoming | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| Unrestricted funds |
|||||||
| General fund | 110,556 | (320474) | 543,989 | 334,171 | |||
| Properly Revaluation | Reserve | (2,759) | (2,759) | ||||
| Recording Studio |
9,832 | ~35,913 | ~26,081 | ||||
| 120488 | (359,046) | 543,989 | 305~1 | ||||
| Restricted funds | |||||||
| Rehabilitation Service |
118,593 | (153v290) | (34,697) | ||||
| Community Engagement |
~17,485 | ~17,485 | |||||
| 118,593 | 170,77 | ~52 182 | |||||
| TOTAL FUNDS | 238,981 | 529,821 | 543,989 | ~253 149 | |||
| Comparatives for movement |
in funds | ||||||
| Net | Transfers | ||||||
| tnovement | between | At | |||||
| At 1.4.20 | in funds | funds | 31.3.21 | ||||
| f. | f. | ||||||
| Unrestricted funds |
|||||||
| General fund | 1,822,816 | 248,579 | (18,041) | 2,053,354 | |||
| Property Revaluation Recording Studio |
Reserve | 109,554 6,074 |
(2,759) ~18,470) |
12396 | 106,795 | ||
| 1,938,444 | 227,350 | (5,645) | 2,160,149 | ||||
| Restricted funds | |||||||
| Rehabilitation Service |
355 | (6,000) | 5,645 | ||||
| Community Engagement |
Officer | 1,500 | 1,500 | ||||
| Dr Rhydian James Grant |
Fund | 3,258 | 3,258 | ||||
| Antioch Club Community Engagement |
22,374 38253 |
~7131) | 22,374 31 122 |
||||
| 65,740 | ~13131) | ~5645 | ~58 254 | ||||
| TOTAL FUNDS | ~2004 184 | ~214219 | ~2218 403 |
| Comparative net move |
ment in funds, inc |
luded in the above are a |
s follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| 8 | |||||
| Unrestricted funds |
|||||
| General fund | 169,806 | (227,580) | 306,353 | 248,579 | |
| Property Revaluation Recording Studio |
Reserve | 16,422 | (2,759) ~34,892 |
(2,759) ~18,470) |
|
| 1$6,228 | (265,231) | 306,353 | 227,350 | ||
| Restricted funds | |||||
| Rehabilitation Service |
118,593 | (124,593) | (6,000) | ||
| Community Engagement |
8,724 | (15,855) | (7,131) | ||
| Mental Health Support | 14,999 | ~14,999) | |||
| 142,316 | 155,447 | ~13,131 | |||
| TOTAL FUNDS | 32$,544 | 420,678 | 306,353 | 214,219 | |
| Pur oseofrestricted |
funds |
| The amounts recognised i |
n the Balance Sheet are as follows | : | |
|---|---|---|---|
| Defined | benefit | ||
| pension | plans | ||
| 31.3.22 | 31.3.21 | ||
| Present value offunded obligations | (3465,000) | (3,392,000) | |
| Fair value ofplan assets | ~3,083000 | ~2829 000 | |
| (182,000) | (563,000) | ||
| Present value ofunfunded | obligations | ||
| Deficit | ~202,000 | ~3063000 | |
| Net liability | ~082 0011 | ~663,000 |
| The amounts recognised in the Statement ofFinancial Activi |
ties are as follows: | |
|---|---|---|
| Defined | benefit | |
| pension | plans | |
| 31.3.22 | 31.3.21 | |
| Current service cost | 110,000 | 68,000 |
| Net interest from net defined benefit | ||
| asset/liability | 68,000 | 60,000 |
| Past service cost | ||
| 178,000 | 128,000 | |
| Actual return on plan assets |
| Changes in the present v |
alue ofthe defined benefit obligation | are as follows: | |
|---|---|---|---|
| Defined | benefit | ||
| pension | plans | ||
| 31.3.22 | 31.3.21 | ||
| Opening defined benefit Current service cost |
obligation | 3492,000 110,000 |
2,599,000 68,000 |
| Contributions by scheme Interest cost |
participants | 15,000 68,000 |
13,000 60,000 |
| Benefits paid | (72,000) | (76,000) | |
| Remeasurements: | |||
| Actuarial (gains)/losses |
from changes in | ||
| demographic assumptions |
(17,000) | 44,000 | |
| Actuarial (gains)/losses from changes in financial assumptions Oblig other mm easurement |
(238,000) 2 IIOO |
716,000 ~(32,lloo |
|
| ~365000 | 3,392000 |
| Changes | in th | e fair value ofsche | me assets are as follows: | ||
|---|---|---|---|---|---|
| Defined | benefit | ||||
| pension | plans | ||||
| 31.3.22 | 31.3.21 | ||||
| 8 | |||||
| Opening | fair value ofscheme assets | 2,829,000 | 2,203,000 | ||
| Contributions | by employer | 54,000 | 48,000 | ||
| Contributions | by scheme participants | 15,000 | 13,000 | ||
| Assets interest | income | 57,000 | 50,000 | ||
| Benefits | paid | (72,000) | (76,000) | ||
| Return on plan assets (excluding income) |
interest | ~200 000 | ~591000 | ||
| 3,083,000 | ~2,829000 |
| Defined | benefit | ||||||
|---|---|---|---|---|---|---|---|
| pension | plans | ||||||
| 31.3.22 | 31.3.21 | ||||||
| K | |||||||
| Actuarial | (gains)/losses | from changes in | |||||
| demographic | assumptions | 17,000 | (44,000) | ||||
| Actuarial | (gains)/losses | from changes in | |||||
| financial | assumptions | 238,000 | (716,000) | ||||
| Oblig other | remeasurement | (7,000) | 32,000 | ||||
| Return on | plan assets | (excluding | intemst | ||||
| income) | 200,000 | 591,000 | |||||
| 448,000 | (137,000) |
| The major categories ofscheme assets as aper | centage oftotal scheme assets are as follows: | |
|---|---|---|
| Defined | benefit | |
| pension | plans | |
| 31.3.22 | 31.3.21 | |
| Equities | 70% | 73% |
| Property | 9% | 8% |
| Cash | 21% | 19% |
| 100% | 100% |
| Principal actuarial assumptions at the Balance Sheet da |
te (expressed as weighted averages): |
|
|---|---|---|
| 31.3.22 | 31.3.21 | |
| Discount rate | 2.70% | 2.00% |
| Future salary increases | 3.50% | 3.15% |
| Future pension increases | 3.20% | 285% |