REGISTERED COMPANY NUMBER: 07685740 (England and Wales) REGISTERED CHARifrf NUMBER: 1159450 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 FOR TRANSITION BRO GWAUN LTD Bevan Buckland LLP Chartered Accountants 45 High Street Haverfordwest Pembroke5hire SA612BP
TRANSITION BRO GWAUN LTD CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 Page Report of the Trustees Independent Examiner's Report Statement of Flnanclal Activities Statement of Financlal Positlon Notes to the Financial Statoments 9 to 14 Detailed Statement of Financial Activities 15
TRANSITION BRO GWAUN LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 FEBRUARY 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 29 February 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities." Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial R8POrting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The objects of the charitable company are as follows- The promotion of the conseNation, protection and improvement of the natural environment and prudent use of natural resources for the benefit of the public in Fishguard, Goodwick and environs by advancing education and raising awareness of climate change, resource scarcity, peak oil and economic resilience., promoting individual, community and organisational commitment to a reduction in C02 emissions, energy saving, reducing reliance on caon emitting sources, and increasing resilience to resource scarGIty- Public benefit The trustees have a duty to report on 'public benefit, by explaining the significant activities undertaken in order to carry out the aims for the public benefit, and achievements measured against those aims. The trustees confirm that they have had due regard to the Charity Commission's guidance on public benefit. The Charity promotes sustainable development for the public benefit of the citizens of Fishguard, Goodwick and environs by'.- The preservation, conservation and protection of the environment and the prudent use of natural resources The promotion ofsustainable means of achieving economic development and regeneration in order to reduce reliance on scarce resources including oil Sustainable development of Fishguard, Goodwick and environs means development that meets the needs of the present citizens of Fishguard, Goodwick and environs to meet their own needs. b) Volunteers Once again we owe a debt of gratitude to the 50 volunteers who have contributed so much. Page 1
TRANSITION BRO GWAUN LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 FEBRUARY 2024 ACHIEVEMENT AND PERFORMANCE Charitable actlvltles Proj8Cts-. Community Fridge Turnover of surplus food through the fridg8 has fallen this year. we collected 11,729 kg during 23124 as opposed to the 15,863 kg during 22123. we' not sure why this has happened but suspect that stores are taking rn0 care over ordering and also selling surplus food in 'Good to Go, bags in various supemiarkets. Olio are also offering free food to individual consumers - luckily this hasnl reached Fishguard yeti Our drivers are still collecting from Cardigan and Haverfordwest as well as our local supemarkets. An increased number of committed volunteers have been amazin9, SUPPOrting each other and working hard to ensure that food is ready for people to take from a clean and safe environment. We still receive fresh surplus vegetables from gardens and allotments and left overtins and packages from Holiday Lets. We have seen more users, especially those who are struggling financially. On Saturday mornings some users can be somewhat demanding, expecting access before the duty volunteer is ready. Repair Café The gamient Repair Café in Ocean Lab is now entering its fourth year and is increasing in popularity with 69 garment repairs and 19 attendees to tuition offered on the alternative Fridays. There were 3 'no shows, & 3 postponements. Takings vary, but in the last quarter period donations totalled £67.00. Ysgol Glannau Gwaun were offered information on Ihe repair seNice but as yet there have been no lakers. Moya has not been able to volunteer as much due to family commibnents, and feels that we need to encourage more volunteers to be involved to ensure continuity of this project. There are still approx 8 bags. made from fabric from the 'Make New & Mend, project, for sale in Ebb & Flow. Community Climate Fund Income from the Abergwaun Community Turbine has enabled a third allocation of grants to support local groups and small businesses. Previous recipients were invited to our Funding Fair at the F&G Rugby Club in September 2023 to share experience with new applicants. Six projects were subsequ8ntly awardod grants totalling £20k in Febnjary 2024, bringing the lotal awarded to date to £76k for twenty projects. TBG Renewables Our application to Welsh Government Energy SeNices for funding (for a e1ve month period) to employ staff for our Renewable Energy Acceleration Project IREAPI was approved in May 2023. Recruiting over the summer proved a challeng8, reflecting the relative shortage of relevant skills, and part time posts proved easier ta fill than full time posts. Three people were engaged, each approx. 2-3 days per week, from the beginning of October. For different reasons, two dropped out after three months, and the team from February onwards are Paul Cowley {senior Project Officer, Ed Stark (Energy Project Officer} and Cali Latnb {Communty Engagement Project Officer). Initial tasks have focused on= Working with Dulas consultants to submit a planning application to replace our existing wind turbine with a larger machine. b) Developing viable models for increased investment, both private and community. in roof-top solar generation. c) Developing strategies to encourage the community to share our ambition for rapidly reducing demand for fossil fuels by better energy conservation and deployment of 'smart energy, systens, ultimately to enable the Fishguard and Goodwick area to generate enough renewable energy to power our Community by 2035. Stena Line kindly provided office space at the Port for REAP inits'ally, but subsequently we had to move out due to r8d8velopment at the Port, and from mid-February, we have rented a small office space at No 8A Main Street, Fishguard. Other Activity Cllmate Emergency Declaratlon (PCCI TBG has continued to work within the West Wales Climate Coalition to enGDurage PCC to better communicate PCC'S Net Zero Carbon Reduction Plan and to engage more effectively with community groups and general public. Egln - formerly Renew Wales TBG continues to act as a host organisation for mentors. Page 2
TRANSITION BRO GWAUN LTD REPORT OF THE TRUSTEES FQR THE YEAR ENDED 29 FEBRUARY 2024 ACHIEVEMENT AND PERFORMANCE Keeping In touch We email 200 + support8rs wlth news relevant lo TranslOn bolh local and national. Our websit8 ww.transllionbrogwaun.org.uk was redeveloped during Sept & Oct 2023 to make It mor8 accessible ond moblle frlendly as weil as being 8asler to edit. It now contains a News section which is updated regularly and anyone can get in touch via the enquiry form. TBG uses Facebook at: httpsj1N.faCeb0Ok.C0M[rr8nSltIOnBroGwaunI https.'Ilww.facebook.comlfandgcommunityfridgePlocale=en G8 and GovernanGe TBG'S management. or CO Group, meets monthly and includes TBG trustees, Chris Samra, Julla Moffett. Tom Latter and Mike Davles.. TBG'S wholty controlled subsidiary, Tr8nsltlon Communlty Ventures ITCV) Ltd, Is responsible for organising the financing of 50tsA of Abergwaun C.'ommunity Turfoine Ltd. TCV directors are Julia Moffett and Tom Latter. AbBrgwaun Communty Turblne (ACT) Ltd, the company which owns and is responsible for operating the wnd turbin8$, is a 50150 loint venture between TCV Ltd and P8rc-y-Morfa Farms Ltd. TBG Is represented by Tom Latter and Julia Moffett. as 2 ofthe 4 director5 of ACT Lttl. FINANCIAL REVIEW Flnancial position Total funds incr88sed by £32,319 (2023 £23,972) in ihe period lo 29 Febw8ry 2024 rosulling in total unrestricted funds of £54,497 {2023 £33.2181 and total restrioted funds of £11,040 (2023 £Nil}.. Reserves policy Our Financial Reserves Policy is that we maintaln a ffjasonable reseNe Ln case of a shortfall in Income, and to provide for 8ny redundancy costs that may arl6e. STRUCTURE, GOVERNANCE AND MANAGEMENT Guvemlng document The charity Is controlled by its goveming document, il's memorandum and articles, and constitutes a limlted comp8ny, Iiniiled by guarantee, as defined by th6 Companie$ Act 2006 It wa8 Incorpor8ted on 28 June 20118nd became a regiSt&red charity on 2 December 2014. Recruttment and appolntmgnt of new trustees Subject lo the Artlcles. it is intended that the trustèe8 wll be 8elocted generally by word of mouth, ba8ed on a skills audit carr¢ed out by tha remaining trusteas to S8¢ure the balan¢xd expertis8 required for the effioent delivery of the trust objeclwes. Induction and tralning of new tru$tees New Irusle8s are provided with inform81ion about the wotklng of Transition Bro Gwaun Ltd, its history end future plans. In addition, they a 9iven infomiation on recommended good practice including the Chartty Commisslons publications "Responsibllltles of Charity Trust88s" and 'Hallm8rks of a Well-Run Charfty.. Relatgd partltts On 14 August 2014 a new company, also limited by guarantee was set UP - Transition Communlty V&ntures Llmlted, in ord8r to patticipate in the erection of a wind turbine for the benefit of the Flshguard ar8a. Transition Bro Gwaun Ltd has sole control of Transitlon Community Ventures Llmited which commenced trading on 1 March 2015. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07685740 (England and Wales} Registerpd Charfty number 1159450 Reglstered office 45 High Street Haverfordwest Pembrokeshlre SA6128P P8ge 3
TRANSITION BRO GWAUN LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 FEBRUARY 2024 Trustees TRELatter J A Moffett C Samra M J Davies18ppoinled 18.1.24} Independent Exarnlner Bevan Buckland LLP Chartered Accountants 45 High Straet Haverfordwast Pembrokeshlre SA61 2BP Solicltors JCP Sollcitors Sycamore Lodge Hamllton Str88t Fishguard P8mbrokeshire SA65 9AL Bankers HSBC 41 Hlgh Street Haverforfwest Pembrokeshire SA612BU Triodos Bank Deanery Road Bristol BSI SAS Approved by order of the board of trustees on ... and signed on Its behalf by.. JbA J A Moffeti- Trustee Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRANSITION BRO GWAUN LTD Independent examiner's report to the trustees of Transition Bro Gwaun Ltd {Ihe Company,) I report to the charity trustees on my examination ofthe accounts of the Company for the year ended 29 February 2024. Responsibilitie5 and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsiblè for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examinab'on of your charity's accounls as carried out under Section 145 of the Charities Act 2011 1.the 2011 Act'l. In carrying out my 8xamination I have followed th8 Directions given by the Charity Commission under Section 145{51 Ib} of the 2011 Act. Independenl examlner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in r8spect of the Company as required by Section 386 of the 2006 Act,. or the accounts do not accofd with those records., or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordan with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102}). I have no concern5 and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Alun Evans FCA Bevan Buckland LLP Chartered Accountants 45 High Street Haverfordwest Pembrokeshir8 SA612BP Page 5
TRANSITION BRO GWAUN LTD STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 29 FEBRUARY 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 76,539 76,539 36,161 Charltable actlvities Grants Consultancy and services 964 2,807 30.421 31.385 2,807 214 Other income 20.410 Total 80,310 30,421 110,731 56,785 EXPENDITURE ON Charitable activities Charitable activities 59,031 19,381 78,412 32,813 Total 59,031 19,381 78,412 32,813 NET INCOME 21,279 11,040 32,319 23,972 RECONCILIATION OF FUNDS Totsl funds brought fomard 33,218 33,218 9,246 TOTAL FUNDS CARRIED FORWARD 54,497 11,040 65,537 33,218 The notes form part of these financial statements Page 6
TRANSITION BRO GWAUN LTD STATEMENT OF FINANCIAL POSITION 29 FEBRUARY 2024 2024 2023 FIXED ASSETS Tangible assets Notes 1,047 1.128 CURRENT ASSETS Debtors Cash at bank and in hand 5,683 61,457 244 33,073 67,140 33.317 CREDITORS Amounts falling du6 1h1n one year 12.6501 (1,2271 NET CURRENT ASSErs 64.490 32,090 TOTAL ASSETS LESS CURRENT LIABILITIES 65.537 33,218 NET ASSETS 65,537 33,218 FUNDS Unrestricted funds Restricted fund$ 10 54,497 11,040 33,218 TOTAL FUNDS 65,537 33.218 The charitable Company Is 6ntitletS lo exemption from audit under Section 477 of the Companles Act 2006 for the year ended 29 February 2024. The members havg not required ihe company lo obtain an audit of Its fln8nclal staloments for the year ended 29 February 2024 in accordance with Section 476 of the Comp8nles Act 2006. The tnjstees acknowledge their responslbllitses for {al ensuring that the charitable company k88PS accounting rècords that comply with Sedons 386 and 387 of th8 Companies Act 2006 and preparing flnancial statements which give a twe and f8lr view of the stste of affair8 of the charitable company as at the end of each financial y8ar and of its surplus or cleficit for each finanoi81 year In accordance with the requirements of Sections 394 and 395 8nd which otheNlse comply (h the requirements of the Compani8s Act 2006 r8latlng to )Inan¢ial statements, so far 98 applicable to the Ghaiit8ble ¢ompany. Ibl The notes fomi pert of these financial 8tatements Page 7 conlSnued...
TRANSITION BRO GWAUN LTD STATEMENT OF FINANCIAL POSITION - continued 29 FEBRUARY 2024 These financi81 statements hav6 been prepared in accord8n¢e with the pmmglons appli¢able to charttable companies subject to the small companies regime. The financlal statements were approved by Ihe Board of Tru8tses and authorfsed for issue on and were signed on its behalf by: T R E Latter. Truste8 Jkndd J A Moffett- Trustee C S8mra- Trustee The notes fomi part of these financial statem&nts P8ge 8
TRANSITION BRO GWAUN LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial ststements of the charitable company. which is a public benefit entlty under FRS 102. have been prepad in accordance with the Charities SORP (FRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021 {effective 1 January 20191,. Financial Reporting Stsndard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Incom8 All income is recognised in th8 Statement of Financial Activities once the charity has entitlement to the funds. it is probable that the income will be received and the amount can be measured reliably. Investrnent Income Investment income represents bank deposit interest received and is recognised when receivable. Expenditure Liabilities are recognised as expenditure as soon as there is a leg81 or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be qUired in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to partlGular headings they have been allocated to acts'vities on a basis Gonsistent with th8 use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimatsd useful life. Improvements to property 4% on cost Plant and machinery Computer equipment 200/¢ reducing balance 250/0 on cost Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitsble objectives at the discretion of the trustees. R8Stricled funds can only be used for particular restrict8d purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitable company operates a defined conlribution pension scheme. Contributions payable to the charitable company's pension scheme are charged lo Ihe Statement of Financial Activities in the period to which they relate. NET INCOMEI(EXPENDITURE) Net incomellexpenditure) is stated after chargingl{crediting)'. 2024 2023 Depreciation - owned assets 81 88 Page 9 continued...
TRANSITION BRO GWAUN LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29 FEBRUARY 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or oth8r benefits for the year ended 29 February 2024 nor for th, ,6ar ended 28 February 2023. Trustees. expenses There were no trustees, expenses paid for the year ended 29 Febw8ry 2024 nor for the year ended 28 February 2023. STAFF COSTS The av8rage monlhly number of employees during the year was as follows.. 2024 2023 Support Staff No employees received emoluments in excess of£60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 35,940 221 36,161 Charitable activities Consultancy and seNices 214 214 Other income 20,410 20,410 Total 56,564 221 56,785 EXPENDITURE ON Charitable activities Charitable activties 30,128 2,685 32,813 NET INCOMEI(EXPENDITURE) Transfers between funds 26,436 963 {2.464) 23,972 Net movement In funds 27,399 {3,427) 23,972 RECONCILIATION OF FUNDS Total funds brought forward 5,819 3,427 9,246 TOTAL FUNDS CARRIED FORWARD 33,218 33,218 Page 10 conb'nued...
TRANSITION BRO GWAUN LTD NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 29 FEBRUARY 2024 TANGIBLE FIXED ASSETS Improvaments to propety Plant and machinery Computer equipment Totsls COST At 1 March 2023 and 29 Febwary 2024 1.285 635 289 2,209 DEPRECIATION At 1 March 2023 Charge for year 306 51 486 30 289 1,081 81 At 29 February 2024 357 516 289 1,162 NET BOOK VALUE At 29 February 2024 928 119 1,047 At 28 February 2023 979 149 1,128 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Funding Amounts owed by group undertakings Prepayments 5,400 279 240 5,683 244 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts (see note 91 Accounts payable Social security and other taxes Other creditors 955 96 1,599 502 725 2.650 1,227 ANALYSIS OF NET ASSETS BETWEEN FUNDS General 1,047 5,684 31,533 Fixed assets Debtors Bank Creditors Designated Restricted Total 1,047 5,684 61456 18,295 11,628 36,381 18,117 11.040 65,538 Page 11 continued...
TRANSITION BRO GWAUN LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29 FEBRUARY 2024 10. MOVEMENT IN FUNDS Net movement in funds Transfers beiween funds At 1.3.23 29.2.24 Unrestricted funds General fund Comm*Jnity Climate Fund Egin Repair cafe 17,510 15,672 36 20.893 1,155 1,254 {2,023) 36.380 16,827 1,290 2,023 33.218 21,279 54,497 Restricted funds Community Energy Resources Grant 11,040 11,040 TOTAL FUNDS 33,218 32,319 65,537 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended ovement in funds Unrestricted funds General fund Community Climate Fund Egin Community Fridge Repair cafe 37,551 37,500 3.772 1,300 187 {16,6581 {36,345} 12,518) 11.300} 20,893 1,155 1,254 2,023) 80,310 (59,031) 21,279 Restrlcted funds Community Energy Resources Grant 30,421 119,381) 11.040 TOTAL FUNDS 110,731 78,412) 32,319 Restricted Funds Community Energy Resources Grant- this grant was awarded by Welsh Government Energy Services to fund our Renewable Energy acceleration Project (REAP}. With the help of Welsh Government funding, the charty is driving forward the development of community renewable energy projects in the Fishguard and Goodwick area. Comparatives for movement in funds Net movement in funds Transfers belween funds At 28.2.23 At 1.3.22 Unrestricted funds General fijnd Community Climate Fund Egin 5,819 10,900 15,500 36 791 172 17,510 15,672 36 5,819 26,436 963 33,218 Restricted funds Leader Tidal Project Wind Turtiine Waste Busting Project Crowd Fund Make & Mend project {1721 1,920 {584) 172 2,091 172 11,920) 957 1172) (373) 3,427 2,464) TOTAL FUNDS 9,246 23.972 Page 12 continued...
TRANSITION BRO GWAUN LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29 FEBRUARY 2024 MOVEMENT IN FUNDS- contlnued 10. Comparative nel movement in funds, included in the above are as follows: Incoming resoLJrces Resources expended Movement in funds Unrestricted funds General fvnd Community Climate Fund Egin 37,350 19,000 214 (26,450) {3,500) 10,900 15,500 36 Restricted funds Waste Busting Project Make & Mend project 56,564 {30,128) 26,436 13731 221 (373) 221 TOTAL FUNDS 56.785 32,813) 23,972 A current year 12 months and prior year 12 months combined position is as follows- Net movement in funds Transfers beeen funds At 29.2.24 At 1.3.22 Unrestricted funds General fvnd Community Climate Fund Egin Repair cafe 5,819 31,793 16.655 1,290 (1,231) 172 36,381 16,827 1,290 1} 2,022 5,819 Restrlcted funds Leader Tidal Project Wind Turbine Waste Busting Project Make & Mend project Community Energy Resources Grant 47.715 963 54,497 {1721 1.920 (584) 2,091 172 (1,920) 957 13731 (2,0911 11,040 11,040 3.255 8,576 11,040 TOTAL FUNDS 9,246 56.291 65,537 Page 13 continued...
TRANSITION BRO GWAUN LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 29 FEBRUARY 2024 10. MOVEMENT IN FUNDS- contlnued A currenl year 12 months and prior year 12 months combined net movement in funds, included in the ab, as follows.. Incoming resources Resources expended Movement in funds Unrestrfcted funds General fund Community Climate Fund Egin Community Fridge Repair cafe 74,901 56.500 3,986 1,300 187 (43,108) (39,845) 12.696) 11,3001 2,210) 31,793 16,655 1,290 136,874 189,1591 47,715 Restricted funds Waste Busting Project Make & Mend project Community Energy Resources Grant (3731 12,3121 19,3811 1373} (2,091 } 11,040 221 30,421 30,642 22,066} 8,576 TOTAL FUNDS 167,516 111,2251 56,291 11. RELATED PARTY DISCLOSURES The charitsble company has taken advantage of exemption, under the lems of Financial R8POrting Standard 102 The Financial Repong Standard applicable in the UK and Republic of Irel8nd', not to disclose related paty transactions with wholly owned subsidiaries within the group. Pag8 14
TRANSITION BRO GWAUN LTD DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 29 FEBRUARY 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds INCOME AND ENDOWMENTS Donations and legacies Donations 76,539 76,539 36,161 76,539 76,539 36,161 Charitable activities Grants 3.771 30,421 34,192 214 other income Other income 20,410 Total incoming resources 80,310 30,421 110,731 56,785 EXPENDITURE Charitable activitles Wages Pensions Telephone Sundries Conferences and meetings Publi¢ity Training Subscriptions Volunteer expenses Consultancy Computer and website expenses Renew hosting Cleaning and Waste disposal Repair cafe Honorarium Charilable donations Mentoring Rent Staff Expenses Staff mentoring Depreciation 16,564 592 240 507 16,564 592 240 625 118 50 1,778 40 132 110 587 5,844 496 17,284 14 659 412 3,500 2.298 2,298 95 310 1,057 5,957 60 95 310 1,057 5,957 60 3.005 715 36,345 2,340 1,881 3,005 715 36,345 2,340 1,881 381 300 81 381 300 81 88 54,107 18,739 72,846 30,994 Support costs Management Professional fees Insurance Bookkeeping Bank charges 1,410 775 2,720 19 1,410 775 3.362 19 649 642 39 4,924 642 5,566 1,819 Total resources expended 59,031 19,381 78,412 32,813 Net income 21,279 11,040 32,319 23,972 This page does not form part of the statutory financial statements Page 15
Tr•slUon Br¢> Lttl Flxed Ass$tReglsler as at 25.021024 Cost BFwd 0$1 ¢Fwd Dep'n BFW Ch4rg0 Ort FoTYear Dispos Dep'n CFwd NBV 2024 BV 2D23 Adds Dlsp$ Property lrnpro¥em*nts 4%SL Bruughiforward Sh D110212018 1.285.00 1,285.00 306.00 51.(KJ ?57.OD 928.00 979. 1.285.00 0.00 1.285.OD 308.00 51.00 357.00 928.00 979.00 Plant & Marhlnery 20%RB roughl forwe Fridge 300.00 335.00 635.OD 30D. 335 00 635 00 238.00 247.00 4BS.00 1200 16.00 3D.OD 250.00 285.00 51&00 00 70.oo 120.00 620D ?11001& Computerequipmèh¢ Laoop- L88dprTidal 2.00 289. 289.00 289 00 289.00 289.00 289. TOTALS Reslncled Non-re$irfotèJ 2.209.00 2,209.OQ 1.080.00 al.oo 1,161.00 1.048.00 1.12D.rKI 2.209.00 2.209.OD 1.08D.00 81.00 1,161.00 1 048.00 1,129.DD