2022-12-31-accounts

				Page
Rcport	ofthc I &'Ustces		I	to	3
Report	oftbc Imlcpendent Auditors		4	to	6
Coasolidated Staten&cot oft'ianncial		Activities
Coasolidatcd Balance Sheet
Charity	Balance Shcct
Consolidated Cash I&low State&scot				l0
Notes to	tl)e Cnnsolida ted Cash Flovv	State mn&t
Notes to	tlm Censoli&ls ted Financial Statements		l2	to	20

				for the P	eriod I November 2021 to31 D	ecember 2022
						Period
						1.11.21
						to	Year Ended
						31.12.22	31.10.21
						Llnrestricted	Total
						fund	funds
					Notes	f.	E
INCOME AND ENDOWMENTS			FROM
Charitable activities
Running &Athletics						169,106	500.129
Other trading activities						3,282,629	717.510
Total						~3,451 735	~1217639
EXPENDITURE ON
Raising funds						3,060.018	1,161,129
Charitable activities Running &Athletics						~78 831	74,487
Total						~3138849	~1235616
iVET INCOMEI(EXPENDITURE)						312,886	(17,977)
RECONCILIATION	OF FUNDS
Total funds brought forward						18,232	36,208
TOTAL FUNDS CARRIED FORWARD						~331 118	~18231
CONTINUING OPERATIONS
All income and expenditure		has arisen		from imntinuing	activities.

		Run 4 Wales Cha	ritable Foundati	ritable Foundati	on
		Consolidated	Balance Sheet
		31December 2022
						31.12.22	31.10.21
						Unrestricted	Total
		Notes				fundf	funds I
FIXEDASSETS
Tangible assets Investments		ll 12				14,575 ~4544	13,062 ~4544
						19,119	17,606
CURRENT ASSETS
Debtors		13				183,438	219,079
Cash at bank						~2450 711	~233649&
						2,634,149	2,555,577
CREDITORS
Amounts falling due within one year		14				(2,322,150)	(2,554,952)
NET CURRENT ASSETS						~31I 999	625
TOTAL ASSETSLESSCURRENT		LIABILITIES				331,118	18,231
NET ASSETS/(LIABILITIES)						~331118	~18231
FUNDS Unrestricted funds		15				331,118	~IB231
TOTAL FUNDS						~331 I I8	~IB231
The financial statements	iverr approved	by thc Bored ofTmstees and authorised		g,v/(ot for issue on ............,.r...,...,.,		.......$...aod were signed	on its behalf
by:

	Run	4 Wales	Charitable		Foundation
		Charity Balance			Sheet
		31	December	2022
								31.12.22	31.10.21
								Unrestricted	Total
								fund	funds
		Notes						2	8
FIXEDASSETS Tangible assets								14,575	13,062
								14,575	13,062
CURRIsNT ASSFTS Debtors Cash at bank		13						~47469$	21,370 ~1419
								474,698	22,7$9
CREDITORS Amounts falling due within one year		14						(503,049)	(8,913)
NET CliRRKNT ASSETS								~2$,351)	~13876
TOTAL ASSETSLESS CURRENT LIABII.ITIES								(13,776)	26,938
NET ASSETS/(LIABILITIES)								~13,776)	~26 938
FUNDS Unrestricted I'unde		15						~I3776)	~26938
TOTAL FUNDS								~13,776)	~2938
Thc financial statements ivere approved	by the Board ol'Trustees		and authorised		I'or issue on	24~ I 3 ....., .... ,...,........I..........„... w „ ... . . ... and ein			signed on its behalf

										Run 4 Wales	Charit	able Foundation
										Consolidated	Cash	Flow Statement
								for the		Period 1 November		2021 to31December 2022
												Period
												1.11.21
												to	Year Ended
												31.12.22	31.10.21
										Notes		f	f.
Cash flows from operating activities Cash generated from operations												~)23872	~318425
Nct cash	provided	by	operating			activities						~)23872	318,425
Cash Ilows from		investing			activities
Purchase	oftangible		fixed	assets								(10,547)	(6,725)
Sale ot'tangible fixed			assets									888
Net cash	used in	investing		activities								~9659)
Change	in cash and		cash	equivalents			in	the	reporting
period												114,213	311,700
Cash and cash equivalents					at the beginning				ofthe
reporting	period											~2336498	~2,024 798
Cash snd cash equivalents					st the end		of	the
reporting	period											2,450,711	2336,498

			Nates to ihe Consolidate for the Period I November	Nates to ihe Consolidate for the Period I November	Nates to ihe Consolidate for the Period I November	d Cash Flow Statement 2021 to31December 2022	d Cash Flow Statement 2021 to31December 2022
RECONCILIATION			OF NET INCOME/(EXPENDITURE)			TO NET CASH FLOW FROM OPERATING ACTIVITIES
						Period
						1.11,21
						to	Year	Ended
						31.12.22	31.10.21
						f.		f
Net incomel(expenditure)				for the reporting	period (as per the	Statement ofFinancial
Activities)						312,886		(17,977)
Adjustments	for:
Depreciation	charges					8,368		14,116
Protit on disposal oflixed				assets		(222)
Decrease in	debtors					54,220	466,672
Decrease in	creditors					~251 380	~144386
Net cash provided		by	operations			~123872	~318 425

ANALYSIS OF CHANGES IN NET FUNDS
	At 1.1121	Cash flow	At31.12,22
	8	6
Net cash
Cash at bank	~2336,498	~114213	~2450711
	2 36498	114,213	2,450.711
Total	36498	~114213	~2450 711

			Period
			1.11.21
			to	Year Ended
			31.12.22	31.I0.21
			f	f
Other	trading	operations	2,897,404	532,357
Other	income		385,225	185,153
			~3282629	~717510

					31.12.22	31.10.21
						f
Turnover					3,308,024	653,358
Sundry	receipts					48,515
Investment			movement		(25,395)	15,640
Government			grants		169,106	500,129
Cost of	sales and administration			costs	(2,941,774)	(1,158,583)
Net Profit					509,961	59,058
Amount Taxation	GiR Aided to the charity				(73,247) (71,110) ~)m))~)
Retained		in	the subsidiary
INCOME		FROM CHARITABLE ACTIVITIES
					Period
					1.11.21
					to	Year Ended
					31.12.22	31.10.21
					Running gc	Total
					Athletics	activities
					f	f
Govemmcnt			grants		169t06	~500 129

Raising don	ations and	legacies
						Period
						1.11.21
						to	Year Ended
						31.12.22	31.10.21
						f	f
Raising funds						~3060 018	~1161129
CHARITABLE ACTIVITIES COSTS
							Support
							costs (see
							note 6) f
Running R Athletics							~78831
SUPPORT	COSTS
						Governance
				Management f	Finance f	costsf	Totals f
Running R Alhletics				69,389	~6382	3,060	~78 831
Support costs, included		in the above,	are as follows:
						Period
						1.11.21
						to	Year Ended
						31.12.22	31.10.21
						Running R	Total
						Athletics	activities
						f	f
Depreciation	oftangible	and heritage	assets			8,368	14,116
Loss on sale	oftangible	fixed assets				(222)
Rates and water						4,227	4,227
Bank charges						260	186
Other costs						1,895	468
Rates and water						61,243	52,610
Accountancy	and legal	fees				~3060	~2880
						~78 831	74 4$7

	STAFF COSTS
									31.12.22	31.10.21
										f
	Staffcosts
	The average monthly	number	ofemployees		during		the period was	as follows:
									Period
									1.11.21
									to	Year Ended
									31.12.22	31.10.21
	Administration								4	11
	Support								11	4
									15	15
	One employee received a salary above 060,000.
9.	STAFF COSTS
	The charity had no employees		for the current		or	preceding year.
10.	COMPARATIVES FOR TIIE STATEMENT					OF	FINANCIAL	ACTIVITIES
										Unrestricted
										fund
										g
	INCOME AND ENDOWMENTS			FROM
	Charitable activities
	Running &Athletics									500,129
	Other trading activities									717,510
	Tutal									~1217,639
	EXPENDITURE ON
	Raising funds									1,161,129
	Charitable activities
	Running gt Athletics									74,487
	Tntal									1,235,616

COMPARATIVES	FORTHE STATEMENT Ol' FINANCIA	L ACTIVITIES - continued
				Unrestricted
				fundf
NET INCOMEr(EXPENDITURE)				(17,977)
RECONCILIATION	OF FUNDS
Total funds brought forward				36,208
TOTAL FUNDS CARRIED FORWARD				~1823!
TANGIBLE FIXED	ASSETS
		Fixtures
		and	Computer
		fittings	equipment	Totals
		t
COST
At I November 2021		35,477	29,439	64,916
Additions			10,547	10,547
Disposals			~888)	~888)
At 31 December 2022		~35 477	~39098	~74 575
DEPRECIATION
At 1 November 2021		32,613	19,241	51,854
Charge for year		2,864	5,504	8,368
Eliminated on disposal			~222)	~222)
At 31 Dcccmbcr 2022		~35 477	24,523	~60 000
NET BOOK VALUE
At 31 December 2022			~14 575	~14 575
At 31 October 2021		2,864	10,198	~13 062

										Unlisted
										investments
MARKET VALUE
At I November		2021 and 31		December		2022				«4544
NET BOOK	VALUE
At 31 December 2022										4,544
At 31 October		2021								«4544
There were no		investment	assets uutside			the UK.
The lixed asset		investment	represent		those balances held by the subsidiary		and the group.
DEBTORS:	AMOUNTS		FALLING DUK WITHIN ONE YEAR
								31.12.22		31.10.21
										f
Trade debtors								162,096		143,323
VAT									2,015	5,482
Prepayments	and accrued income							19,327		70,274
								183,438		219,079
Charity
								31.12.22		31.10.21
									f	6
Other debtors
CREDITORS:		AMOUNTS		FALLING		DUE WITHIN ONE YEAR
								31.12.22		31.10.21
									f	6
Trade creditors								198,442		3I9,112
Taxation and	social security							122,140		15,091
Other creditors								2,001,568		~2,220749
								~2322 150		~2554 952
Charity
								31.12.22		31.10.21
									6	f
Other creditors									I .u	93
included within		other creditors		is an	amount of81,170,554 (2021:62,063,095) representing			income for deferred	events.

MOVE	MEN		T IN FUND	S
									Net
								At	movement	At
								1.11.21	in funds	31.12.22
									f	f
Unrestricted			funds
General	fund							18,232	312,886	331,118
TOTAL FUNDS								~tg 232	~3I 886	~33 I 118
Nct movcmcnt			in funds, included			in thc above	are as follows:
								Incoming	Resources	Movement
								resources f	expended	in funds f.
Unrestricted			funds
General	fund							3,451,735	(3,138,849)	312,886
TOTAL FUNDS								~3. 151735	3 13 &49	312.8$6
Comparatives			for movement		in	funds
									Net
								At	movement	At
								1.11.20	in funds	31.10.21
								E
Unrestricted		funds
General	fund							36,20$	(17,977)	1$,231
TOTAL	FUNDS							36,208		18,231
Comparative		net movement		in	funds, included		in the above are as tbllows:
								Incoming	Resources	Movement
								resources	expended	in funds
								f.		f.
Unrestricted		funds
General	fund							1,217,639	(1,235,616)	(17,977)
TOTAL	FUNDS							1.217.639	~1,23M IG)	~17977)