| 1.Our purpose, achievements | 1.Our purpose, achievements | and plans | |
|---|---|---|---|
| Our purpose | |||
| How we help | |||
| Who we support | |||
| Our year in numbers | |||
| The difference you made | |||
| Your fantastic fundraising | 13 | ||
| Headline news | 15 | ||
| Income ataglance | 17 | ||
| Expenditure ataglance | 18 | ||
| Our plans for2023-24 | 19 | ||
| How tosupport us | 20 | ||
| 2.Our finances and | governance | ||
| Financial review | 22 | ||
| Structure, governance, | and management | 27 | |
| Risk Management | 32 | ||
| Appendix A:Annual accounts 2022-2023 |
33 |
l. Our purpose, achievements and plans ELI.Isenn¢lll le.c.hyd HYWEL DDA HeaLth Charilies
| Restricted | Total | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Income | Endowment | Funds | |||
| funds | funds | funds | 2022-23 | |||
| Note | FOOO | FOOO | f000 | f000 | ||
| Incoming resources from generated |
funds: | |||||
| Donations, legacies 8 grants |
507 | 3,058 | 0 | 3,565 | ||
| Other trading activities |
13 | 0 | 0 | 13 | ||
| Investments Income |
138 | 171 | 96 | 405 | ||
| Total Incoming resources | 658 | 3,229 | 98 | 3,983 | ||
| Expenditure on: |
||||||
| Raising Funds | 6 | 197 | 243 | 12 | 452 | |
| Charitable activities |
7 | 393 | 228 | 177 | 798 | |
| Total expenditure | 333r | 334 | ||||
| Net (losses) on Investmenls | 13 | 182 | ~560 | |||
| Net Income I(expenditure) Transfer between funds |
18 | (114) 5 |
2,533 ~5 |
(246) 0 |
2,173 | |
| Net movement in funds Reconciliation ofFunds Total Funds brought forward as at 1 April 2022 Total Funds carried forward as at 31 March 2023 |
19 | (109) 2,528 34, 1 3,296 6,347 |
(246) 4 2,303 |
2,173 ~9773 11,946 |
||
| Hywel Dda Health | Charities | |||||
| Statement of Financial Activities | for | the year ended 31 March | 2022 | |||
| Restricted | Total | |||||
| Unrestricted | Income | Endowment | Funds | |||
| funds | funds | funds | 2021-22 | |||
| 6000 | 6000 | f000 | f000 | |||
| Incoming resources from generated |
funds: | |||||
| Donations and legades |
491 | 365 | 0 | 856 | ||
| Investments | 4 | 0 | 0 | 4 | ||
| Investments Income |
108 | 127 | 80 | 315 | ||
| Total Incoming resources |
603 | 492 | 80 | 1,175 | ||
| Expenditure on: |
||||||
| Raising Funds | 172 | 203 | 13 | 388 | ||
| Charitable activities |
803 | 720 | 139 | 1,662 | ||
| Total expenditure | 975 | 923 | 152 | 2,050 | ||
| Net gain on Investments | 64 | 76 | 49 | 189 | ||
| Net Income / (expenditure) |
(308) | (355) | (23) | (686) | ||
| Transfer behveen funds |
(19) | 19 | ||||
| Net movement In funds |
(327) | (336) | (23) | (686) | ||
| Reconciliation of Funds |
||||||
| Total Funds brought forward as at 1 April 2021 |
4,1 | 3 | ||||
| Total Funds carried forward as at 31 | March 2022 | 3,405 | 3,819 | 2,549 | 9,773 |
| Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Income | Endowment | 2022-23 | 2021-22 | ||||
| Note | funds f000 |
funds f000 |
funds EOOO |
f000 | f000 | |||
| Fixed assets: | ||||||||
| Investments | 13 | 2 096 | 4 037 | 2 174 | 8307 | ~8852 | ||
| Total fixed assets | 2,096 | 4,037 | 2,174 | 8,307 | 8,852 | |||
| Current assets: | ||||||||
| Debtors | 14 | 41 | 60 | 49 | 150 | 25 | ||
| Cash at bank and | In hand | 15 | 2,032 | 3,319 | 80 | 5,431 | 3,180 | |
| Total current assets | 2,073 | 3,379 | 129 | 5,581 | 3,205 | |||
| Liabilities: | ||||||||
| Creditors falling due within one year |
16 | 329 | 1,069 | 1,398 | 789 | |||
| Net current assets | 1,744 | 2,310 | 129 | 4,183 | 2,416 | |||
| Total assets less current | llabgltles | |||||||
| Creditors falling due after |
more than one year | 16 | 544 | 544 | 1,495 | |||
| Total net assets | 3,296 | 6,347 | 2,303 | 11,946 | 9,773 | |||
| The funds ofthe charity: | ||||||||
| Endowment Funds |
19 | 0 | 0 | 2,303 | 2,303 | 2,549 | ||
| Restricted income |
funds | 19 | 0 | 6,347 | 0 | 6,347 | 3,819 | |
| Unrestricted Income funds |
19 | 3,296 | 0 | 0 | 3,296 | 3,405 | ||
| Total funds | 3,296 | 6,347 | 2,303 | 11,946 | 9,773 |
| Tota I | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | |||||||
| 2022-23 | 2021-22 | |||||||
| Note | 6000 | 6000 | ||||||
| Cash flows | from operating | activities: | ||||||
| Net cash provided byl(used |
in) operating | activities | 17 | 1,861 | (56) | |||
| Cash flows | from investing | activities: | ||||||
| Dividend, | interest and rents from investments | 5 | 405 | 315 | ||||
| Proceeds Purchase |
from the sale of investments of investments |
13 'I3 |
8,055 ~8,070 |
0 ~16 |
||||
| Net cash provided by investing activities |
390 | 299 | ||||||
| Change In cash and cash equivalents |
In | the | 2,251 | 243 | ||||
| reporting | period | |||||||
| Cash and cash equivalents | at the beginning | ofthe | 15 | 3,180 | 2,937 | |||
| reporting | period | |||||||
| Cash and cash equivalents | at the end | of | the | 15 | 5,431 | 3,180 | ||
| reporting | period |
| Restricted | Total | Total | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Income | Endowment | 2022-23 | 2021-22 | ||||||
| funds | funds | Funds | ||||||||
| KOOO | KOOO | KOOO | KOOO | KOOO | ||||||
| Fixed asset | equity | and | similar Investments | 138 | 171 | 96 | 405 | 315 | ||
| 138 | 171 | 96 | 405 | 315 | ||||||
| nalysis | of | expenditure | on raising funds | |||||||
| Restricted | Total | Total | ||||||||
| Unrestricted | Income | Endowment | 2022-23 | 2021-22 | ||||||
| funds | funds | Funds | ||||||||
| KOOO | KOOO | KOOO | KOOO | KOOO | ||||||
| Fundraising | offlce | 182 | 225 | 0 | 407 | 338 | ||||
| Investment | management | 15 | 18 | 12 | 45 | 50 | ||||
| 197 | 243 | 12 | 452 | 388 | ||||||
| nalysis | of | charitable | activity | |||||||
| Grant funded | Support | Total | Total | |||||||
| activity | costs | 2022-23 | 2021-22 | |||||||
| KOOO | KOOO | KOOO | KOOO | |||||||
| Purchase | of medical and surgical | equipment | 273 | 44 | 317 | 285 | ||||
| Purchase | ofoffic | and | computer | equipment | 39 | 7 | 46 | 47 | ||
| Building | and refurbishment | 67 | 11 | 78 | 927 | |||||
| Stair education and welfare |
97 | 16 | 113 | 21 | ||||||
| Patient educsgon | and | welfare | 126 | 20 | 146 | 373 | ||||
| Other | 84 | 14 | 98 | 9 | ||||||
| 686 | 112 | 796 | 1,662 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Current | Non Current | 2022-23 | 2021-22 | |||
| liabilities | gabgltles | |||||
| 6000 | f000 | f000 | ||||
| Opening | balance at 1 April (see note 16) | 710 | 1,495 | 2,205 | 1,136 | |
| Movement | In Oablg ties | 609 | (951) | (342) | 1,069 | |
| Closing | balance at 31 March (see note 16) | 1,319 | 1,663 | 2,205 |
| Charitable | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| activities | 2022-23 | 2021-22 | Basis | ||||||
| f000 | f000 | f000 | |||||||
| Governance | Costs | ||||||||
| External | audit | 15 | 15 | 13 | Average | fund balance | |||
| Finance | and administration | 33 | 33 | 32 | Average | fund balance | |||
| Total governance | 45 | ||||||||
| Support | Costs | ||||||||
| Finance | and administration | 64 | 64 | 61 | Average | fund balance | |||
| 112 | 112 | 106 | |||||||
| Restricted | Endowment | Total | Total | ||||||
| Vnrestrlcted | Income | Funds | Funds | Funds | |||||
| funds | funds | 2022-23 | 2021-22 | ||||||
| 6000 | 6000 | f000 | f000 | f000 | |||||
| Charitable | activities | 50 | 62 | 112 | 106 | ||||
| 50 | 62 | 112 | 106 |
| Fixed asset Investments | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Movement ln fixed assete |
Investments | ||||||||||||||||||
| Listed | Investment | Listed | Investmenl | ||||||||||||||||
| Investments | properties | Total | Investmenls | properOes | Total | ||||||||||||||
| 2022-23 | 2022-23 | 2022-23 | 2021-22 | 2021-22 | 2021-22 | ||||||||||||||
| 6000 | 6000 | 6000 | 2000 | 2000 | 2000 | ||||||||||||||
| Mmket value brought forward |
8,656 | 196 | 8,852 | 8,469 | 188 | 8,847 | |||||||||||||
| Add; additions to Investments at cost |
8,070 | 0 | 8,070 | 16 | 0 | 18 | |||||||||||||
| Less dlsposels et carrying value |
(8,055) | 0 | (8,055) | 0 | 0 | 0 | |||||||||||||
| Increase/(decrease) on |
cash awaUlng | Investmen | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Add net gain / (loss) on | revslueUon | (550) | (10) | (560) | 181 | 8 | 189 | ||||||||||||
| Market value se et 31st March | ~8121 | 186 | ~8307 | 6666 | 186 | 8,852 | |||||||||||||
| AU fnvestments are carried at their market |
value. | ||||||||||||||||||
| The Investment veluadon for the period |
1 | AprU to 14 | December 2022 | wes performed | by | Sarasln 8 | |||||||||||||
| Partnem. CCLA Investment |
Management | Ltd were | appointed ss the | Charity's new Investment |
|||||||||||||||
| Management advisors during |
the financial | year. The | Invesment valuation |
for the perkxl 16 | |||||||||||||||
| December 2022 to 31 March | 2023 was | performed | by | CCLA. | |||||||||||||||
| The slgngkence ofUnanctel |
Instruments | to | the ongoing | Unendal sustsinabUlty of Hywel Dda |
|||||||||||||||
| Health Charities ls consklered In the risk management |
sedlon ofthe | trustee's annual |
report. | ||||||||||||||||
| The mein risk from tinandel | Instruments | Ues In the | combination ofuncertain Investment |
markets | |||||||||||||||
| and volstUity In ylekl. |
|||||||||||||||||||
| Hywel Dda HeaUh Charities' | Investments | are Invested | within the UK coUectlve investments— | ||||||||||||||||
| CDIF Charities Ethical Inveslmenl Fund. Hywel Dde |
Health ChariUes |
have no malarial | |||||||||||||||||
| investment holdings In markets sub)ect |
to | exchange | controls or trading | restrictions. | |||||||||||||||
| Hywel Dda Health Charities | manages these | Investment | risks by retaining | expert advisors | and | ||||||||||||||
| operaUng en investment polky that provides |
for a high | degree ofdiversffkaUon of holdings |
within | ||||||||||||||||
| Investment assai dasses. |
|||||||||||||||||||
| Investment properties were valued by the |
VslusUon | ONce Agency with | an effectlve date | of 1 | AprU | ||||||||||||||
| 2022.The valueUon has been prepared |
In accordance | with ther terms ofthe latest verskm | of | the | |||||||||||||||
| Royal Institute ofChartered | Surveyors' | ValuaUon Standards. | |||||||||||||||||
| Fixed Asset Investments by type |
|||||||||||||||||||
| 2022-23 | 2021-22 | ||||||||||||||||||
| 6000 | 2000 | ||||||||||||||||||
| Equity | 5,832 | 8,024 | |||||||||||||||||
| Infrastructure & Dperatlng Assets |
637 | 0 | |||||||||||||||||
| Fixed Interests | 616 | 805 | |||||||||||||||||
| Cash & Near Cash | 431 | 449 | |||||||||||||||||
| Property | 447 | 677 | |||||||||||||||||
| Contractual &Dlher Income |
176 | 0 | |||||||||||||||||
| Private Equity &Other |
166 | 0 | |||||||||||||||||
| Derivatives | 2 | 0 | |||||||||||||||||
| Alternatives | 0 | 1,097 | |||||||||||||||||
| ~8307 | 8,852 |
| Analysis ofcur | rent debtors | ||
|---|---|---|---|
| Debtors under | 1 year | Total | Total |
| 2022-23 | 2021-22 | ||
| F000 | f000 | ||
| Accrued Income | 150 | 25 | |
| 150 | 25 |
| 15.Analysis | of | cash | and | cash equivalents | ||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| 2022-23 | 2021-22 | |||||
| f000 | f000 | |||||
| Cash | at | bank | and | in hand | 5,431 | 3,180 |
| 6,431 | 3,180 |
| Analysis of | rest | ricte | d fund movem |
ents | |||||
|---|---|---|---|---|---|---|---|---|---|
| Balance | Balance | ||||||||
| 1 Aprg | Transfer | Income | Expenditure | (Loss) | 31 March | ||||
| 2022 | 2023 | ||||||||
| f000 | f000 | f000 | f000 | f000 | |||||
| Hywel Dda | General | Funds | 213 | 6 | 102 | (145) | 0 | 176 | |
| Carmarthenshire | Locality Funds | 1,524 | (11) | 2,284 | (153) | (102) | 3,542 | ||
| Ceredlglon | Locality | Funds | 1,712 | 0 | 818 | (142) | (100) | 2,288 | |
| Pembrokeshlre | Locality Funds | 370 | 0 | 25 | (31) | (23) | 341 | ||
| 3,819 |
| nalysis of | unr | estri | cted and materi |
al designated |
fund movements | ||||
|---|---|---|---|---|---|---|---|---|---|
| Balance | Balance | ||||||||
| 1 April | Transfer | Income | Expenditure | (Loss) | 31 March | ||||
| 2022 | 2023 | ||||||||
| f000 | f000 | f000 | 8000 | f000 | f000 | ||||
| Hywel Dda | General | Funds | 685 | (6) | 189 | (289) | (182) | 397 | |
| Carmerthenshlre | Locality Funds | 1,746 | 11 | 279 | (175) | 0 | 1,861 | ||
| Ceredigion | Locality | Funds | 510 | 0 | 69 | (44) | 0 | 535 | |
| Pembrokeshlre | Locality Funds | 464 | 0 | 121 | (82) | 0 | 503 | ||
| 3,405 | 5 | 658 | (590) | (182) | 3,296 |
| Trustfor | Unappged | Total | |||||
|---|---|---|---|---|---|---|---|
| Investment | total return | endowment | |||||
| 6000 | 6000 | FOOO | |||||
| At beginning ofthe reporting period |
|||||||
| Gift component ofthe permanent UnsppUed total return |
endowment | 1,505 0 |
0 ~1150 |
1,505 ~1158 |
|||
| Total | 1,606 | 1,168 | 2,673 | ||||
| Movements In the reporting period |
|||||||
| Investment return: realised and (losses) Less: Investment management |
unreaUsed costs |
0 0 |
(56) (55) ~12~12 |
||||
| Net movement ln the reporting period |
(68) (68) |
||||||
| At end ofthe reporting period |
|||||||
| Gtfl component of the permanent UnappUed total return |
endowment | 1,505 0 |
0 ~1100 |
1,506 ~1100 |
|||
| Total | 1,505 | 1,100 | 2,606 | ||||
| Note - Ress Elrwyn Evans endowment | does | not form part | ofthe Return | on Investment | calculaUon | above |