OpenCharities

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2022-06-30-accounts

Notes
INCOME FROM
Grants and donations
2
EXPENDITURE ON
Charitable activities
3
NET INCOME
RECONCILIATION OF FUNDS
Totalfundsbroughtforward
TOTALFUNDS CARRIED FORWARD
2022
2021
Unrestricted
Restricted
Total
Total
fund
funds
funds
funds
£
£
£
£
277,334
440,909
718,243
528,846
185,529
471,375
656,904
459,990
91,805
(30,466)
61,339
68,856
352,810
41,744
394,554
325,698
444,615
11,278
455,893
394,554

Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTALASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS
2022
£
29,645
115,969
388,479
504,448
(78,200)
426,248
455,893
455,893
444,615
11,278
455,893
2021
£
2,040
77,831
344,287
422,118
(29,604)
392,514
394,554
394,554
352,810
41,744
394,554

Notes
Cashflowsfromoperatingactivities
Cash generated from operations
1
Net cash provided by operating activities
Cashflowsfrominvestingactivities
Purchaseoftangible fixed assets
Net cash usedininvesting activities
Change in cash andcash
equivalentsin thereporting
period
Cashandcashequivalentsatthe
beginningofthereportingperiod
Cashandcashequivalentsatthe
endofthereportingperiod
2022
£
77,479
77,479
(33,287)
(33,287)
44, 192
344,287
388,479
2021
£
16,686
16,686
(1,959)
(1,959)
14,727
329,560
344,287

Netincomeforthereportingperiod(aspertheStatement
ofFinancialActivities)
Adjustmentsfor:
Depreciation charges
Increaseindebtors
Increase/( decrease)incredit ors
Netcashprovidedbyoperations
2022
£
61,339
5,682
(38, 138)
48,596
77,479
2021
£
68,856
1,998
(26,079)
(28,089)
16,686
2.
ANALYSISOF CHANGESINNET FUNDS
Netcash
Cash at bank
Total
At 1/7/21
£
344,287
344,287
344,287
Cash flow
At30/6/22
£
£
44,192
388,479
44,192
388,479
44,192
388,479

Company sponsors/project sponsorship
Awards&presentation days
Welsh Government Education Directorate
STEM Cymru Project
Engineering UK
Miscellaneous income
Job retention scheme
Community Renewal Fund Grant
2022
£
95,543
21,599
162,215
278,694
1,066
159, 125
718,242
2021
£
58,181
9,365
136,000
312,824
7,651
3,032
1,793
528,846

Staff costs
Consultants' fees
Depreciation
Travel&subsistence
Advertising, career publicity&recruitment
Legal, professional&consultancy
Office rent&rates
Miscellaneous expenses
Insurance
Office equipment, maintenance&consumables
Bank charges&interest
Awards&presentation days, conferences&meetings
Printing, stationery, telephone&computer costs
Staff training
2022
£
427,206
36,212
5,682
20,024
2,383
47,550
13,989
6,981
22, 140
567
56,666
16,458
1,046
656,904
2021
£
324,642
16,395
1,998
2,729
6,013
40,324
20,465
3,420
4,553
6,507
532
11,079
18,648
2,685
459,990

2022 2021
£ £
Depreciation - owned assets 5,682 1,998

Wages and salaries
Social security costs
Other pension costs
2022
£
382,711
34,670
9,825
427,206
2021
£
290,499
26, 173
7,970
324,642
2022 2021
Administration 12 9
2022 2021
£60,001 - £70,000 1 0

7.
COMPARATIVES FOR THE STATEMENTOFFINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£
INCOME FROM
Grants and donations
80,022
448,824
EXPENDITURE ON
Raising funds
39,418
420,572
NET INCOME
40,604
28,252
RECONCILIATIONOFFUNDS
Totalfundsbroughtforward
312,206
13,492
TOTAL FUNDS CARRIED
FORWARD
352,810
41,744
8.
TANGIBLE FIXED ASSETS
COST
At 1 July2021
Additions
At30June 2022
DEPRECIATION
At 1 July2021
Charge for year
At30June 2022
NETBOOKVALUE
At30June 2022
At30June2021

DEBTORS: AMOUNTSFALLINGDUE WITHIN ONEYEAR
Trade debtors
Prepayments
CREDITORS: AMOUNTSFALLINGDUE WITHIN ONEYEAR
Trade creditors
Social security&other taxes
Other creditors&accruals
Accrued expenses
2022
£
113,494
2,475
115,969
2021
£
69,056
8,775
77,831
2021
£
4,430
6,307
2,498
16,369
2022
£
7,769
16, 153
21, 132
33,146
78,200
29,604

Within one year
Between one and five years
2022
£
22,300
22,300
2021
£
625
625

Unrestrictedfunds
General fund
Restrictedfunds
STEM Cymru
TOTALFUNDS
At 1/7/21
£
352,810
41,744
394,554
Net
movement
infunds
£
91,805
(30,466)
61,339
At
30/6/22
£
444,615
11,278
455,893
Incoming
resources
£
Unrestrictedfunds
General fund
277,334
Restrictedfunds
STEM Cymru
278,694
Welsh Government Education Directorate
162,215
440,909
TOTAL FUNDS
718,243
Resources
expended
£
(185,529)
(309, 160)
(162,215)
(471,375)
(656,904)
Movement
infunds
£
91,805
(30,466)
(30,466)
61,339

Unrestrictedfunds
General fund
Restrictedfunds
STEM Cymru
TOTAL FUNDS
At 1/7/20
£
312,206
13,492
325,698
Net
movement
At
infunds
30/6/21
£
£
40,604
352,810
28,252
41,744
68,856
394,554

Unrestricted funds
General fund
Restricted funds
STEM Cymru
Welsh Government Education Directorate
TOTAL FUNDS
Incoming
resources
£
80,022
312,824
136,000
448,824
528,846
Resources
expended
£
(39,418)
(284,572)
(136,000)
(420,572)
(459,990)
Movement
infunds
£
40,604
28,252
28,252
68,856