## 

## 

## 

|||||||Page|
|---|---|---|---|---|---|---|
|Trustees'<br>annual<br>report|(incorporating||the|director's|report)||
|Independent<br>examiner's|report to the||trustees|||13|
|Statement<br>offinancial<br>activities||(including||income|and||
|expenditure<br>account)|||||||
|Statement<br>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<br>and legacies||||3,245||3,245|6,769|
|Charitable<br>activities|||||164,173|164,173|219,059|
|Investment<br>income||||20||20|3|
|Total income||||3,265|164,173|167,438|225,831|
|Expenditure<br>Expenditure<br>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<br>between|funds|||15,913|(15,913)|||
|Net movement<br>in|funds|||8,023|4,689|12,712|96,696|
|Reconciliation<br>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<br>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<br>f|2022<br>f|Funds<br>f|2021<br>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<br>f|2022|Funds|2021<br>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<br>f||2022|Funds<br>f||2021<br>E|
|Bank|interest|receivable|20||20|3||3|





## 

## 

## 

## 

## 

|Expendi|ture<br>on charitable<br>activities<br>by fund t|ype|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
||||F||
|Core activities||4,464||4,464|
|National<br>National<br>Torfaen|Lottery 'Building a Better Future'<br>Lottery 'Covid-19 Support'<br> CBC Core Grant|(3)|96,795<br>5,103<br>460|96,792<br>5,103<br>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<br>National<br>Torfaen|Lottery 'Building a Better Future'<br>Lottery 'Covid-19 Support'<br> CBCCore Grant||75,203<br>20,153<br>875|75,203<br>20,153<br>875|
|Support|costs|4,985|23,230|28,215|
|||9,674|119,461|129,135|



## 

|Expendi|ture<br>on charitable<br>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<br>Future'<br>National<br>Torfaen|Lottery 'Building a Better<br>Lottery 'Covid-19 Support'<br> CBCCore Grant|96,792<br>5,103<br>460|36,382<br>4,831|133,174<br>9,934<br>460|98,433<br>20,153<br>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<br>for:||||||||||
||Independent<br>examination|||||ofthe financial||||statements|||||2,100||1,920|
|12.|Staff costs|||||||||||||||||
||The total staff|costs||and|employee|||benefits for|||the|reporting||period are|analysed<br>as follows:|||
||||||||||||||||2022||2021|
||||||||||||||||||E|
||Wages and salaries||||||||||||||96,728|75,220||
||Employer<br>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<br>of||
||full-time<br>equivalent|||employees|||during||the year||is analysed|||as follows:||||
||||||||||||||||2022||2021|
||||||||||||||||No.||No.|
||Number<br>ofstaff||involved||in charitable||||activities||||||6||=3|





## 

## 

## 

## 

## 

## 

## 

## 

|15.|designated<br>th<br> Debtors|e amoun|t to cover the costs ofthe telephone<br>syste|m.||
|---|---|---|---|---|---|
|||||2022|2021|
||Prepayments<br>Other debtors|and accrued income||6,159<br>986|2,698<br>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<br>Lottery<br>Community<br>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<br>Lottery<br>Community<br>Fund|||17,752|171,309|(98,433)|(11,580)|79,048|
|National<br>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<br>f|Funds<br>f|2022<br>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<br>f|Funds<br>f|2021<br>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|