OpenCharities

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2022-03-31-accounts

Page
Trustees'
annual
report		 (incorporating the director's report)
Independent
examiner's		 report to the trustees 13
Statement
offinancial
activities		 (including income and
expenditure
account)
Statement
offinancial		 position 16
Notes to the financial statements 18

2022 2021
Unrestricted Restricted
funds funds Total funds Total funds
Note f F
Income and endowments
Donations
and legacies		 3,245 3,245 6,769
Charitable
activities		 164,173 164,173 219,059
Investment
income		 20 20 3
Total income 3,265 164,173 167,438 225,831
Expenditure
Expenditure
on charitable		 activities 8,9 11,155 143,571 154,726 129,135
Total expenditure 11,155 143,571 154,726 123,135
Net income (7,890) 20,602 12,712 96,696
Transfers
between		 funds 15,913 (15,913)
Net movement
in		 funds 8,023 4,689 12,712 96,696
Reconciliation
of		 funds
Total funds brought forward 20,291 105,770 126,061 29,365
Total funds carried forward 28,314 110,459 138,773 126,061

31 March 2022
2022 2021
Note
Current assets
Debtors 15 7,145 3,684
Cash at bank and in hand 136,198 129,186
143,343 132,870
Creditors: amounts falling due within one year 16 4,570 6,809
Net current assets 138,773 126,061
Total assets less current liabilities 138,773 126,061
Net assets 138,773 126,061
Funds ofthe charity
Restricted funds 110,459 105,770
Unrestricted
funds		 28,314 20,291
Total charity funds 18 138,773 126,061

5. Donation s and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
f		 2022
f		 Funds
f		 2021
f
Donations
Donations 3,245 3,245 6,400 6,400
Gift Aid 369 369
3,245 3,245 6,769 6,769
6. Charitable activities
Restricted Total Funds Restricted Total Funds
Funds
f		 2022 Funds 2021
f
National Lottery Community Fund 164,173 164,173 217,309 217,309
Torfaen County Borough Council 1,750 1,750
164,173 164,173 219,059 219,059
7. Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
f		 2022 Funds
f		 2021
E
Bank interest receivable 20 20 3 3

Expendi ture
on charitable
activities
by fund t		 ype
Unrestricted Restricted Total Funds
Funds Funds 2022
F
Core activities 4,464 4,464
National
National
Torfaen		 Lottery 'Building a Better Future'
Lottery 'Covid-19 Support'
CBC Core Grant		 (3) 96,795
5,103
460		 96,792
5,103
460
Support costs 6,694 41,213 47,907
11,155 143,571 154,726
Unrestricted Restricted Total Funds
Funds Funds 2021
F F F
Core activities 4,689 4,689
National
National
Torfaen		 Lottery 'Building a Better Future'
Lottery 'Covid-19 Support'
CBCCore Grant		 75,203
20,153
875		 75,203
20,153
875
Support costs 4,985 23,230 28,215
9,674 119,461 129,135

Expendi ture
on charitable
activities		 by activity type
Activities
undertaken Total funds Total fund
directly Support costs 2022 2021
F F F F
Core activities 4,464 6,694 11,158 9,674
National
Future'
National
Torfaen		 Lottery 'Building a Better
Lottery 'Covid-19 Support'
CBCCore Grant		 96,792
5,103
460		 36,382
4,831		 133,174
9,934
460		 98,433
20,153
875
106,819 47,907 154,726 129,135

10. Analysis ofs up port co st s
National
Lottery
'Building a
Core activities Better Future' Total 2022 Total 2021
f
Staff costs 85
Premises 4,521 20,507 25,028 10,386
Communications and IT 35 5,150 5,185 6,308
General office 750 6,570 7,320 4,758
Finance costs 59 40 99 72
Legal, accounting 8 professional fees 1,329 8,946 10,275 6,235
Subscriptions 8 memberships 371
6,694 41,213 47,907 28,215
11. Independent examination fees
2022 2021
Fees payable to the independent examiner
for:
Independent
examination		 ofthe financial statements 2,100 1,920
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed
as follows:
2022 2021
E
Wages and salaries 96,728 75,220
Employer
contributions		 to pension plans 3,232 2,646
99,960 77,866
The average head count of employees during the year was 10(2021: 5).The average number
of
full-time
equivalent		 employees during the year is analysed as follows:
2022 2021
No. No.
Number
ofstaff		 involved in charitable activities 6 =3

15. designated
th
Debtors		 e amoun t to cover the costs ofthe telephone
syste		 m.
2022 2021
Prepayments
Other debtors		 and accrued income 6,159
986		 2,698
986
7,145 3,684
16. Creditors: amounts falling due within one year
2022 2021
E E
Accruals and deferred income 4,570 6,809

At
At 31 March 202
1 April 2021 Income Expenditure Transfers 2
F F E
General funds 20,291 3,265 (11,155) 12,401
Designated Fund - office
costs 15,913 15,913
20,291 3,265 (11,155) 15,913 28,314
At
At 31 March 202
1 April 2020 Income Expenditure Transfers 1
F
General funds 11,613 6,772 (9,674) 11,580 20,291
Designated Fund - office
costs
11,613 6,772 (9,674) 11,580 20,291
Restricted funds
At
At 31 March 202
1 April 2021 Income Expenditure Transfers 2
F E F
Torfaen CBCCore Grant 875 (460) 415
National
Lottery
Community
Fund		 79,048 164,173 (133,177) 110,044
National Lottery Covid
Support 25,847 (9,934) (15,913)
105,770 164,173 (143,571) (15,913) 110,459
At
At 31 March 202
1 April 2020 Income Expenditure Transfers 1
E
Torfaen CBCCore Grant 1,750 (875) 875
National
Lottery
Community
Fund		 17,752 171,309 (98,433) (11,580) 79,048
National
Support		 Lottery Covid 46,000 (20,153) 25,847
17,752 219,059 (119,461) (11,580) 105,770

Analysis of net as sets between funds
Unrestricted Restricted Total Funds
Funds
f		 Funds
f		 2022
f
Current assets 29,887 113,456 143,343
Creditors less than 1 year (1,573) (2,997) (4,570)
Net assets 28,314 110,459 138,773
Unrestricted Restricted Total Funds
Funds
f		 Funds
f		 2021
f
Current assets 21,672 111,198 132,870
Creditors less than 1 year (1,381) (5,428) (6,809)
Net assets 20,291 105,770 126,061