| Page | ||
|---|---|---|
| ReportoftheTrustees | 1 | to 6 |
| IndependentExaminer'sReport | 7 | |
| StatementofFinancialActivities | 8 | |
| BalanceSheet | 9 | to 10 |
| CashFlowStatement | 11 | |
| NotestotheCashFlowStatement | 12 | |
| NotestotheFinancialStatements | 13 | to 20 |
| INCOME FROM Grants and donations EXPENDITURE ON Charitable activities NET INCOME RECONCILIATION OF FUNDS Totalfundsbroughtforward TOTAL FUNDS CARRIED FORWARD Notes 2 3 |
Unrestricted fund £ 155,923 102,820 53,103 444,615 497,718 |
Restricted funds £ 732,069 736,841 (4,772) 11,278 6,506 |
2023 Total funds £ 887,992 839,661 48,331 455,893 504,224 |
2022 Total funds £ 718,243 656,904 61,339 394,554 455,893 |
|
|---|---|---|---|---|---|
| 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 12 Unrestricted funds Restricted funds TOTALFUNDS |
2023 £ 20,429 55,959 440,722 496,681 (12,886) 483,795 504,224 504,224 497,718 6,506 504,224 |
2022 £ 29,645 115,969 388,479 504,448 (78,200) 426,248 455,893 455,893 444,615 11,278 455,893 |
|
|---|---|---|---|
| Notes Cashflowsfromoperatingactivities Cash generated from operations 1 Net cash provided by operating activities Cashflowsfrominvestingactivities Purchaseoftangible fixed assets Net cash usedininvesting activities Change incashand cash equivalentsin thereportingperiod Cashandcashequivalentsatthe beginningofthereportingperiod Cash andcashequivalentsatthe endofthereportingperiod |
2023 £ 55,100 55,100 (2,857) (2,857) 52,243 388,479 440,722 2022 £ 77,479 77,479 (33,287) (33,287) 44, 192 344,287 388,479 |
|---|---|
| 1. | RECONCILIATIONOFNET INCOME TO NET CASH FLOW FROM | RECONCILIATIONOFNET INCOME TO NET CASH FLOW FROM | OPERATING | |
|---|---|---|---|---|
| ACTIVITIES | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| Netincomeforthereportingperiod(asperthe | Statement | |||
| ofFinancialActivities) | 48,331 | 61,339 | ||
| Adjustmentsfor: | ||||
| Depreciation charges | 12,073 | 5,682 | ||
| Decreaseindebtors | 60,010 | (38, 138) | ||
| (Decrease)increditors | (65,314) | 48,596 | ||
| Netcashprovidedbyoperations | 55,100 | 77,479 | ||
| 2. | ANALYSIS OF CHANGESINNET FUNDS | |||
| At 1/7/22 | Cash flowAt | 30/6/23 | ||
| £ | £ | £ | ||
| Net cash | ||||
| Cash at bank | 388,479 | 52,243 | 440,722 | |
| 388,479 | 52,243 | 440,722 | ||
| Total | 388,479 | 52,243 | 440,722 |
| 2023 £ Company sponsors/project sponsorship 142,219 Awards&presentation days 8,500 Welsh Government Education Directorate 164,231 STEM Cymru Project 356,925 Miscellaneous income 5,204 Community Renewal Fund Grant 210,913 887,992 |
2022 £ 95,544 21,599 162,215 278,694 1,066 159,125 718,243 |
|---|---|
| 2023 £ Staff costs 477,375 Consultants' fees 53,726 Depreciation 12,073 Travel&subsistence 28,532 Advertising, career publicity&recruitment 371 Legal, professional&consultancy 97,728 Office rent&rates 17,721 Insurance 5,728 Office equipment, maintenance&consumables 27,959 Bank charges&interest 656 Awards&presentation days, conferences&meetings 102,134 Printing, stationery, telephone&computer costs 11,664 Staff training 3,994 839,661 |
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 |
|---|---|
| 2023 £ Wages and salaries 427,677 Social security costs 39,147 Other pension costs 10,551 477,375 |
2022 £ 382,711 34,670 9,825 427,206 |
|---|---|
| 2023 | 2022 | |
|---|---|---|
| Administration | 13 | 12 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| £60,001 | - | £70,000 | 1 | 1 |
| 7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| £ | £ | £ | ||
| INCOME FROM | ||||
| Grants and donations | 118,209 | 600,034 | 718,243 | |
| EXPENDITUREON | ||||
| Charitable activities | 26,404 | 630,500 | 656,904 | |
| NET INCOME/(EXPENDITURE) | 91,805 | (30,466) | 61,339 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 352,810 | 41,744 | 394,554 | |
| TOTAL FUNDS CARRIED FORWARD | 444,615 | 11,278 | 455,893 | |
| 8. | TANGIBLE FIXED ASSETS | |||
| Office | ||||
| equipment | ||||
| £ | ||||
| COST | ||||
| At 1 July 2022 | 97,350 | |||
| Additions | 2,857 | |||
| At 30 June 2023 | 100,207 | |||
| DEPRECIATION | ||||
| At 1 July 2022 | 67,705 | |||
| Charge for year | 12,073 | |||
| At 30 June 2023 | 79,778 | |||
| NET BOOK VALUE | ||||
| At30June 2023 | 20,429 | |||
| At 30 June 2022 | 29,645 |
| Trade debtors Otherdebtors 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security&other taxes Othercreditors&accruals Accrued expenses |
2023 2022 £ £ 51,500 113,494 4,458 2,475 55,959 115,969 2023 2022 £ £ 7,769 16, 153 6,311 21J132 6,575 33,146 12,886 78,200 |
||
|---|---|---|---|
| 2022 | 2022 | |
|---|---|---|
| £ | £ | |
| Within one year | ||
| Between one and five years | 16,040 | 22,300 |
| 16,040 | 22,300 |
| Unrestrictedfunds General fund Restrictedfunds STEM Cymru TOTAL FUNDS At 1/7/22 £ 444,615 11,278 455,893 |
Net movement infunds £ 53, 103 (4,772) 48,331 |
At 30/6/23 £ 497,718 6,506 504,224 |
|---|---|---|
| Unrestrictedfunds General fund Restrictedfunds STEM Cymru Welsh Government Education Directorate Community Renewal Fund TOTAL FUNDS Comparativesformovementinfunds Unrestrictedfunds General fund Restrictedfunds STEM Cymru TOTAL FUNDS |
Incoming resources £ 155,923 356,925 164,231 210,913 732,069 887,992 At 1/7/21 £ 352,810 41,744 394,554 |
Resources Movement expended infunds £ £ (102,820) 53,103 (361,697) (4,772) (164,231) (210,913) (736,841) (4,772) (839,661) 48,331 Net movement At infunds 30/6/22 £ £ 91,805 444,615 (30,466) 11,278 61,339 455,893 |
|---|---|---|
| Unrestricted funds General fund Restricted funds STEM Cymru Welsh Government Education Directorate Community Renewal Fund TOTAL FUNDS |
Incoming resources £ 118,209 278,694 162,215 159, 125 600,034 718,243 |
Resources expended £ (26,404) (309, 160) (162,215) (159,125) (630,500) (656,904) |
Movement infunds £ 91,805 (30,466) (30,466) 61,339 |
|---|---|---|---|