##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||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%|
##
##
##
##
##
##
##