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||||Page|
|---|---|---|---|
|Reference and administrative|details ofthe Charity,|its Trustees and advisers||
|Trustees'
report|||2-10|
|Independent
examiner's
report|||11-12|
|Statement offinancial activities|||13|
|Balance sheet|||14|
|Statement
ofcash flows|||15|
|Notes to the financial statements|||16-33|
##
|Trustees|Rachel Clacher||||
|---|---|---|---|---|
||Emma Degg||||
||Louise Gatenby||||
||Karen Jones||||
||Kirsty Rogers||||
||Martin
Howlett|(appointed||9June 2022, resigned 8June 2023)|
|Charity registered|||||
|number|1161504||||
|Principal office|Ty Avow||||
||21 Egerton Street||||
||Wrexham||||
||LL11 1ND||||
|Patron|Sir John Timpson||||
|Chief executive officer|Ali Wheeler (appointed||1 July 2022)||
||Diane Aplin (resigned||30June 2022)||
|Accountants|WR Partners||||
||Chartered
Accountants||||
||Belmont House||||
||Shrewsbury
Business||Park||
||Shrewsbury||||
||Shropshire||||
||SY2 6LG||||
|Bankers|HSBC||||
||PO Box68||||
||130 New Street||||
||Birmingham||||
||West Midlands||||
||B24JU||||
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||||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2023|2023|2023|2022|
|||||Note|6|f|6||
|Income from:|||||||||
|Donations
and||legacies||||158,084|158,084|168,095|
|Charitable
activities|||||352,790|439,864|792,654|735,221|
|Other trading|activities|||||503|503|6,581|
|Investments||||||1,043|1,043|42|
|Other income||||||1,473|1,473|6,722|
|Total income|||||352,790|600,967|953,757|916,661|
|Expenditure|on:||||||||
|Raising funds||||||178|178|2, 709|
|Charitable
activities|||||290,731|489,767|780,498|1,072,951|
|Total expenditure|||||290,731|489,945|780,676|1,075,660|
|Net movement||in funds|||62,059|111,022|173,081|(158,999)|
|Reconciliation||offunds:|||||||
|Total funds brought|||forward|||206,598|206,598|365,597|
|Net movement||in funds|||62,059|111,022|173,081|(158,999)|
|Total funds carried forward|||||62,059|317,620|379,679|206,598|
##
||||Note||2023f||2022|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Intangible
assets|||13||10,522||21,930|
|Tangible assets|||14||12,183||18,779|
||||||22,705||40,709|
|Current assets||||||||
|Debtors|||15|26,489||64,150||
|Cash at bank and|in|hand||455,294||304,916||
|||||481,763||369,066||
|Creditors: amounts||falling due within one||||||
|year|||16|(124,809)||(203,177)||
|Net current assets|||||356,974||165,889|
|Total assets less|current liabilities||||379,679||206,598|
|Total net assets|||||379,679||206,598|
|Charity funds||||||||
|Restricted funds|||17||62,059|||
|Unrestricted
funds|||17||317,620||206,598|
|Total funds|||||379,679||206,598|
##
##
||||||||Note|2023
f|2022|
|---|---|---|---|---|---|---|---|---|---|
|Cash flows from operating|||activities|||||||
|Net cash|used
in operating|activities|||||19|150,378|(74,311)|
|Cash flows from investing|||activities|||||||
|Purchase|of intangible
assets||||||||(31,296)|
|Purchase|oftangible
fixed assets||||||||(3,167)|
|Net cash|provided
by/(used||in) Investing||activities||||(34,463)|
|Change|In cash and cash|equivalents||In|the year|||150,378|(108,774)|
|Cash and|cash equivalents|at the beginning|||ofthe year|||304,916|413,690|
|Cash and cash equivalents|||at the end of||the year||20|455,294|304,916|
|The notes on pages 16to 33|||form part ofthese financial|||statements||||
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||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2023
f|2023
f|2023f|2022|
|Donations||145,494|145,494|167,595|
|Gift Aid reclaimed||12,590|12,590|500|
|Total 2023||158,084|158,084|168,095|
|Total 2022|152,777|15,318|168,095||
##
||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2023
f|2023
f|2023f|2022|
|Grants|352,790|439,864|792,654|735,221|
|Total 2023|352,790|439,864|792,654|735,221|
|Total 2022|709,721|25,500|735,221||
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2023
E|2023f|2022|
||Fundraising|events||503|503|6,581|
||Total 2023|||503|503|6,581|
||Total 2022|||6,581|6,581||
|6.|Investment|income|||||
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2023f|2023
5|2022|
||Interest income|||1,043|1,043||
||Total 2023|||1,043|1,043|42|
||Total 2022|||42|42||
|7.|Other incoming||resources||||
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2023f|2023f|2022|
||Government|grant income||||6,675|
||Other income|||1,473|1,473|47|
||Total 2023|||1,473|1,473|6, 722|
||Total 2022|||6,722|6,722||
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|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2023|2023|2023|2022|
|||6|6|F||
|Fundraising|event costs||178|178|2,709|
|Total 2023|||178|178|2,709|
|Total 2022||2,709||2,709||
##
||Activities||||
|---|---|---|---|---|
||undertaken|Support|Total|Total|
||directly|costs|funds|funds|
||2023f|2023
F|2023|2022|
|WeG row|324,311|667|324,978|507,141|
|WeBelong|19,327|205|19,532|58,391|
|WeDiscover|116,271|7,380|123,651|113,164|
|Head Office||312,337|312,337|394,255|
|Total 2023|459,909|320,589|780,498|1,072,951|
|Total 2022|671,706|401,245|1,072,951||
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||||||Total|Total|
|---|---|---|---|---|---|---|
|||WeGrow|WeBelong|WeDiscover|funds|funds|
|||2023
F|2023
f|2023|2023
E|2022|
|Staff costs||231,559|10,779|100,881|343,219|482,873|
|Programme|costs|92,752|8,548|15,390|116,690|188,833|
|Total 2023||324,311|19,327|116,271|459,909|671,706|
|Total 2022||506,536|58,186|106,984|671,706||
##
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||||||Total|Total|
|---|---|---|---|---|---|---|
||WeGrow|WeBelong|WeDlscover|Head Office|funds|funds|
||2023|2023
f.|2023
f|2023
f|2023f|2022|
|Staff costs||||148,083|148,083|193,849|
|Depreciation|667|205|7,380|9,630|17,882|16,845|
|Vehicle costs||||2,980|2,980|8,456|
|Insurance||||6,509|6,509|9,628|
|Training
and|||||||
|welfare||||752|752|4,351|
|Premises costs||||1,634|1,634|2834|
|Travel and|||||||
|subsistence||||1,469|1,469|973|
|Other costs||||283|283|560|
|IT and|||||||
|communications||||13,444|13,444|22,812|
|Office costs||||(gl)|(97)|6,236|
|HR, marketing|||||||
|and consultancy||||57,792|57,792|29,911|
|Subscriptions||||3,118|3,118|4,884|
|Rent and rates||||53,483|53,483|81,493|
|Utilities||||4,907|4,907|9,382|
|Accountancy||||7,250|7,250|7,559|
|Bank charges||||1,100|1,100|1,472|
|Total 2023|667|205|7,380|312,337|320,589|401,245|
|Total 2022|605|205|6,180|394,255|401,245||
##
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##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||E||
|Fees payable|to the Charity's|independent|examiner|for the independent|||
|examination|ofthe Charity's|annual
accounts|||3,300|3,150|
|Fees payable|to the Charity's|independent|examiner|in respect of:|||
|All other services not included above|||||1,925|1,800|
##
|Staff costs||||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||E||
|Wages and|salaries|||455,021|623,672|
|Social security costs||||28,825|34,721|
|Contribution|to defined|contribution|pension schemes|7,456|18,329|
|||||491,302|676,722|
||2023|2022|
|---|---|---|
||No.|No.|
|Employees|24|42|
##
##
|||NOTES TO THE FINANCIAL|STATEMENTS||
|---|---|---|---|---|
|||FOR THE YEAR ENDED 30APRIL 2023|||
|13.|Intangible assets||||
|||||Computer|
|||||software|
||Cost||||
||At 1 May 2022|||35,146|
||At 30 April 2023|||35,146|
||Amortisation||||
||At 1 May 2022|||13,216|
||Charge for the year|||11,408|
||At 30 April 2023|||24,624|
||Net book value||||
||At 30April 2023|||10,522|
||At 30April 2022|||21,930|
##
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##
|||Fixtures &|Computer||
|---|---|---|---|---|
|||Fittingsf|equipment
f.|Total
F|
||Cost or valuation||||
||At 1 May 2022|6,811|30,716|37,527|
||At 30 April 2023|6,811|30,716|37,527|
||Depreciation||||
||At 1 May 2022|4,061|14,687|18,748|
||Charge for the year|1,064|5,532|6,596|
||At 30 April 2023|5,125|20,219|25,344|
||Net book value||||
||At 30 April 2023|1,686|10,497|12,183|
||At 30April 2022|2,750|16,029|18,779|
|15.|Debtors||||
||||2023f|2022|
||Due within
one year||||
||Trade debtors||5,000|45,000|
||Other debtors||12,789|531|
||Prepayments
and accrued income||8,700|8,987|
||Grants receivable|||9,632|
||||26,489|64,150|
##
##
##
|||||||2023
F|2022f|
|---|---|---|---|---|---|---|---|
|Trade creditors||||||5,267|16,694|
|Other taxation and|||social security||||5,146|
|Other creditors||||||4,542|5,277|
|Accruals|and deferred|||income||115,000|176,060|
|||||||124,809|203,177|
|||||||2023|2022|
|||||||f.||
|Deferred|income at||1 May 2022|||155,375|60,000|
|Resources deferred|||during the year|||110,000|155,375|
|Amounts|released|from previous|||periods|(155,375)|(60,000)|
|||||||110,000|155,375|
##
##
|Statement offunds|- current year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at 1|||30 April|
|||May 2022|Income|Expenditure|2023|
|||F|F||F|
|Unrestricted
funds||||||
|Designated
funds||||||
|We Discover North|Wales|30,469|100,000|(123,660)|6,819|
|We Belong||18,608|34,500|(19,070)|34,038|
|Flintshire
Men 2||24,054|138,537|(140,897)|21,694|
|Manchester
Mixed|1|(15,011)|138,954|(108,334)|15,609|
|We Grow||(15,502)|89,269|(73,767)||
|Big Conversation/Pilot||||(24,227)|(24,227)|
|||42,618|501,260|(489,945)|53,933|
|General funds||||||
|The Hub - Head Office||163,980|99,707||263,687|
|Total Unrestricted|funds|206,598|600,967|(489,945)|317,620|
|Restricted funds||||||
|National
lottery funding|||352,790|(290,731)|62,059|
|Total offunds||206,598|953,757|(780,676)|379,679|
##
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##
|Statement offunds|- prior ye|ar|||||
|---|---|---|---|---|---|---|
|||Balance at|||Transfers|Balance at|
|||1 May 2021|Income|Expenditure|in7out|30 April 2022|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Designated
Funds - all funds|||||42,618|42,618|
|General funds|||||||
|General Funds - all|funds|(24,776)|8,055|(16,847)|33,568||
|The Hub - Head Office|||46,108|(46,218)|164,090|163,980|
|||(24,776)|54,163|(63,065)|197,658|163,980|
|Total Unrestricted|funds|(24,776)|54,163|(63,065)|240,276|206,598|
|Restricted funds|||||||
|Restricted
Funds - all funds||390,373|617,593|(767,690)|(240,276)||
|National
lottery funding|||244,905|(244,905)|||
|||390,373|862,498|(1,012,595)|(240,276)||
|Total offunds||365,597|916,661|(1,075,660)||206,598|
##
|Analysis|of net assets between
funds - curr|ent year|||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2023
f|2023|2023|
|Tangible|fixed assets||12,183|12,183|
|Intangible|fixed assets||10,522|10,522|
|Current assets||62,059|419,724|481,783|
|Creditors|due within one year||(124,809)|(124,809)|
|Total||62,059|317,620|379,679|
|19.|Reconciliation
of net movement|Reconciliation
of net movement|Reconciliation
of net movement|in funds|in funds|to net|cash flow|from operating|activities||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||Net
income/expenditure
for||the|year|(as|per|Statement|of Financial|||
||Activities)||||||||173,081|(158,999)|
||Adjustments
for:||||||||||
||Depreciation
charges||||||||6,596|6,543|
||Amortisation
charges||||||||11,408|10,393|
||Loss on the sale offixed assets|||||||||835|
||Decrease/(increase)|in debtors|||||||37,661|(43,914)|
||Increase/(decrease)|in creditors|||||||(78,368)|110,831|
||Net cash provided|by/(used|ln)|operating||activities|||150,378|(74,311)|
|20.|Analysis
ofcash and cash equivalents||||||||||
||||||||||2023|2022|
||||||||||6||
||Cash
in hand||||||||455,294|304,916|
||Total cash and cash equivalents||||||||455,294|304,916|
##
##
##
|||||||At 1 May||At 30April|
|---|---|---|---|---|---|---|---|---|
|||||||2022|Cash flows|2023|
|||||||f||6|
|Cash|at|bank|and|in|hand|304,916|150,378|455,294|
|||||||304,916|150,378|465,294|
##
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||||||||||2023f|2022|
|---|---|---|---|---|---|---|---|---|---|---|
|Not|later|than|1 year|||||||11,154|
|The|following||lease|payments|have|been|recognised|as an expense|in the Statement|of financial|
|activities:|||||||||||
||||||||||2023|2022|
||||||||||6||
|Operating||lease rentals|||||||11,154|29,599|
##