```
REGISTERED CHARITY NUMBER: 1179204
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
```
## **`FOR`**
## **`TIR DEWI`**
```
Llewelyn Davies
Yelverton House
St John Street
Whitland
Carmarthenshire
SA34 0AW
```
```
TIR DEWI
```
```
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
```
**----- Start of picture text -----**
Page
Report of the Trustees 1 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 to 16
Detailed Statement of Financial Activities 17
**----- End of picture text -----**
```
TIR DEWI
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31March 2023.
ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
```
-1-
```
```
TIR DEWI
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023`**
## **`OBJECTIVES AND ACTIVITIES Objectives and aims What we do`**
```
TirDewiisacharitythatwasestablishedtoprovidereliefandsupporttofarmersormembersoftheir family
(henceforthreferredtointhisreportasfarmers)whoareexperiencingdifficulties-whateverthenatureof those
difficulties may be.
```
```
Itisoftendifficultforustoanswerwhenweareasked'WhatdoesTirDewido?'becausetherangeofthe support
weprovideissobroad.ItcanbeachatonourFreephoneHelplinewithafarmerwhojustneedstoletoff steam
or,perhapsaskaquestion,oritcanbemanymonthsofourvolunteersworkingwithafarmertosupportthem with
multipleissues.Wealsooftenliaisewiththirdpartiesandbringinothersupportagencieswhereappropriate. And
anything in between.
```
```
Therealityisthatmostofthefarmersthatwespeakwitharestrugglingwithmultipleissuesincluding practical
ones,administration,financialandregulatory.Thesearecompoundedbyconcernsoverupcomingchanges to
policyincludingtheintroductionofthe'NitrateVulnerableZones(NVZ)'Legislationandthe'Sustainable Farming'
changestogovernmentfarmsupportfollowingtheexitfromtheEUandtheCommonAgriculture Policy.We
suggestedlastyearthatthesechangesaregoingtobehugeandthatthereisalsosignificantuncertainty around
them,makinglong-termplanningdifficultandcausinggreatconcern.Unfortunately,thesituationremains similar
today.Whileinformationonwhatwillqualifyforsupportschemesisbecomingclearer,howtogoaboutitis still
broadlyunknown.WhileCovidisnolongerarestrictivefactoronfarming,BovineTBisstillpresent and
frustrations around it growing as it is also taking hold in North Wales - an area where it was previously absent.
```
```
Costoflivinghasbeenthefocusofmuchofthenewsinthisperiodwithinflationreachingover10%inthe UK.
Onceagainfarminghasbeenhitreallyhardasitwasrecentlycalculatedthatinflationinfarminghadbeen 36%.
TheongoingwarinUkrainecontinuestobeacontributoryfactorinthis.Copingwiththeseadditionalcostsina low
margin business is incredibly difficult and, again has simply added to pressures.
```
```
Finally,wearefrequentlyaskedforsupportwhenpoorhealthhitsafarmingfamily,andthisincludes physical
healthandmentalhealth.Encouragingly,wenowhaveanumberofreferralsfromNHSsourcesincluding hospitals
and GPs as they recognise the value we can bring to a patient's recovery.
```
## **`How we do it`**
```
Themajorityofthesupportthatweprovideisdeliveredbyvolunteers.Theyaresupportedbythestaff team
throughrecruitment,training,safeguarding,deployingandsupportingcasework,buttheworkwhichdefines our
purposeisdeliveredbyourvolunteers-thestaffareheretoenableitandalsohelpdirectlyonsomeofthe more
complex cases.
```
```
Workdonebythevolunteersincludescasework,answeringtheHelpline,supportwithpromotion,translation, IT,
press,mediaandsocialmediaworkand,ofcourseformourboardofTrustees.OurFreephoneHelplineis open
everydayoftheyearfrom7.00amto10.00pmandthisyearwealsointroducedaWelshlanguageoption when
answered so that farmers can chose which language they want to use.
```
```
Partnershipswithotherorganisationsareessentialtowhatwedo-wedon'tpretendthatwecansortout all
problemsandarehappytointroduceothersintoacasewheretheirsupportismoreappropriatethanours (always
withthenecessarypermissionstoprotectfarmersandsatisfyGDPRrequirements).Keyamongthesepartners are
otherfarmingcharitiesincludingRABI,TheDPJFoundationandFCN,butitalsoextendstoother 'mainstream'
charitiessuchasMcMillanortheParkinson'sSocietyas,ofcourse,farmerssufferfromcancerandother conditions
too.Thesepartnersalsorefercasestousiftheybelievewearebestplacedtoprovidethesupport needed.
Duringthisreportingperiod,thenumberofreferralsofthisnaturehasincreasedsignificantlyasall organisations
get to know each other better and grow to trust the work that they can do.
```
```
TirDewiisalsoapartoftheWelshFarmSupportGroupoforganisationsalongsideotherfarmingcharities and
WelshGovernmentwhichhelpsustobuildrelationshipsbutalsofeedbackourconcernstoWelshGovernment. We
arealsopartofthePrinces'CountrysideFund'sFarmSupportGroupwhichcomprisessimilarorganisations across
the UK, enabling an exchange of best practice and mutual support across the group.
```
```
-2-
```
```
TIR DEWI
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023`**
```
TirDewi'sTrusteesconfirmthattheyhavehadregardtotheCharityCommission'sguidanceonpublic benefit
throughoutTirDewi'soperation.ItistheopinionoftheTrusteesofTirDewithatthecharityhasfulfilled its
commitment to public benefit.
```
## **`Where we do it`**
```
TirDewiisnowanestablishedproviderofsupportinCarmarthenshire,CeredigionandPembrokeshire,where it
originallystarted,andinConwy,GwyneddandYnysMon,wherewelaunchedduring2020.Wehaveastaffteam of
9,7Trusteesand65volunteers.Additionally,wehaveaNorthWalesManagementCommitteewith6members, 2
of whom sit as Trustees.
```
```
OurYoungFarmer'sProjecthascontinuedtoevolve,buildingawarenessofTirDewiandencouragingthosein need
to ask for help through working with relevant groups, media work and frequent visits to shows and marts.
```
```
WelaunchedClwbFfermwyrMônlastyearanditwasagreatsuccess.Followingthis,wehadadvancedplans to
launch two new branches as the end of this reporting period approached - Llyn and Clwyd.
```
## **`Our commitment to the Welsh Language`**
```
Sinceourformation,everythingthatwehavedonehasbeenavailableinWelsh.Ourcommitmenttothis is
unchanged.ThehugemajorityofwhatwedoisinWelsh,7ofour9colleaguesareWelshspeakers,6ofour 7
Trusteesdoandaround70%ofourvolunteersdo.TheWelshlanguageisgreatlysupportedbyfarmingandwe, in
turn both recognise and support that.
```
```
-3-
```
```
TIR DEWI
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023`**
## **`ACHIEVEMENT AND PERFORMANCE Charitable activities Cases`**
```
BytheendofthisreportingperiodTirDewihasprovidedsupportonover500casesandtowellover 2,000
individuals.Therateofnewcasereferralsisthehighestithaseverbeenandfutureneedseemstobe increasing.
This also reflects the growth in awareness of Tir Dewi and trust in what we do.
```
```
Thevarietyofissuesandcombinationsofissuesremainsalmostinfiniteincludingfinancialworries, relationship
breakdowns, problems with suppliers, physical health and the consequences of poor mental health and wellbeing.
Thenatureofcasescontinuestovarywidelyincludingthosewhojustwantsomeonetotalkto-tooffloador air
theirthoughts.Thisisareflectionofthesignificantisolationinwhichmanyfarmersoperate.Othershave more
practicalneeds-aproblemthatneedssortingoutand,forwhateverreasontheyjusthaven'tbeenableto deal
withit.Alltoooften,though,acasewillleadustoafarmerwhoisinuttercrisis-dealingwithsomany problems
andissuesallatoncethattheyhavestoppedcoping.Here,ourengagementcanlastmanyweeksor months,
include several third parties and often 2 or 3 of our team.
```
```
Casenumbersduringtheyeararearound140butwithanoticeableincreaseintherateofreferralstowards the
endoftheyear.Wesuspectthecomingyearwillbebusierstill.Wehavebeguntheprocessofimplementing a
newDatabase/CRMsystemintoTirDewiwhichwillenableustorecord,storeandprotectourdataaswell as
record outcomes and impacts more securely.
```
```
Towardstheendofthisreportingperiodwehaveseenasignificantup-turnintherateofnewrequestsfor support
butarealsonoticingthatmoreofourcasesareofthecomplexvariety.Again,wesuspectthatthisis because
morefarmersknowaboutusandtrustthatthesupportweprovideisconfidential,butitisstillaworrying trend
that also suggests that there is more demand to come.
```
```
ChangestofarmpoliciesincludingNVZsandchangestotheBasicFarmPaymentarebothgoingtohavean impact
thisyearandforyearstocomeandthisislikelytoleadtomanyhundreds,oreventhousandsoffarm failures
acrossWales.Whilesomewillrecognisetheinevitableconsequencesandsell,manywilltrytostruggleonand will
gradually fail and fall further into crisis. Tir Dewi needs to be here to support these.
```
## **`Staff`**
```
Asgrowthhascontinued,sothepressuresontheteamhavealsoincreased.Wehave,therefore,made further
significantchangestotheshapeoftheoperation.Wehaveincreasedourstaffnumberstonine(onefulltime and
8parttime),wehavetakenallvolunteertrainingbackin-house,andhaveintroducednewsafeguarding and
supervisionsessionsforvolunteers.Wehavere-organisedalongfunctionallinesandnowhaveateamworking on
theoperationalside(includingcasework,helplineandvolunteers),andanotherteamworkingon promotions,
communications,partneringandattendingshowsandmarts.Thisallowscolleaguestodevelop stronger
specialisms and to focus on what they do best.
```
```
Thestaffteamareamazing-theycontinuetodeliverexceptionallevelsofsupportandoutcomesanddeputise for
each other with ease. We couldn't be more proud of them.
```
## **`Volunteers`**
```
Werecognisethatweaskalotofourvolunteersandtheyrespondamazingly.Theworktheydoisexceptional and
itisclearthat,betweenthemtheyaresavingfarmsfromfailure,savingrelationshipsinfamilies,with communities
andcommercialrelationships,andtheyarehelpingtosavelives.Volunteernumbersremainquitestablethis year
butthecommitmentofmanyhasincreased.Westillhavearound65volunteershelpinginavarietyof amazing
ways.
```
```
AllvolunteersareDBSchecked,receiveaninductionincludingsafeguardingtrainingbeforetheycando case-work
and are offered a range of training subsequently, both online and face-to-face.
```
## **`Funders`**
```
Thisgrowthwasonlymadepossiblebythegenerosityoffunders.Webenefitfromthesupportofanumber of
different funding sources:
```
```
-4-
```
```
TIR DEWI
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023`**
```
Grantgivingbodies-wehavebeenfortunateenoughtohavesupportfrom:TheNationalLotteryCommunity Fund,
ThePrinces'CountrysideFund,TheRankFoundation-TimetoShineprogramme,theMoondanceFoundation and
theNFUMutualFoundation.ClwbFfermwyrwassupportedbyMantellGwyneddandtheIsleof Anglesey's
CharitableFoundation.WealsoreceivedsupportfromtheHywelDaviesLegacyfund-anamazingdonation to
celebratethelifeofanamazingmanandtotrytocarryontheworkthathedidforhiscommunitybeforehe sadly
died.
```
```
Donations-Webenefitfromcollectionsanddonationsfrommanysourcesincludingindividuals,events(from bike
ridestoraffles),fromfuneralsoffarmersandothersintheruralcommunitiesandfromchapelsandchurches. All
donationsareverywelcomeindeed,buttherecognitionfromthecommunityweservemeanssomuchtous and
encourages us to continue with this difficult work.
```
## **`Partners and networks`**
```
Alotofthesupportthatweprovidewedoalone,butalargeamountisdonewith,throughorbecauseof partners.
ThesecanincludeothersinthefarmingsectororthosefromthewiderWelshcommunity.Thiscantaketheform of
havingcasesreferredtous,ofusaskingotherstoprovidepartofthesolutionneededbyafarmer,oreven joint
promotionandpresswork.Thesepartnershipshavebeenenormouslysuccessfulatenablingafar wider,
comprehensivesupportstructureforfarmersandwerecognisethatwithoutthem,ourworkwouldbemuch harder,
and less effective for a farmer.
```
```
Ourlistofpartnersrunsintomanypagesandincludesorganisationslike:RoyalAgriculturalBenevolent Institution,
AddingtonFund,TheDPJFoundation,MindCymru,FarmCommunityNetwork,thefarmUnions-FUWand NFU
Cymru,AnimalWelfareDepartmentsofLocalAuthorities,RuralPoliceteams,NHSdepartments,Farming Connect,
WelshFarmLiaisonService,YFCCymruandsomanymore.Wealsorecognisethevalueofmanynetworks that
existasmutuallysupportiveforaorgroupspresentingastrongervoiceofasector.Weareactivemembers of
manyoftheseincluding:-WelshFarmSupportGroup-Llechi,GloaChefnGwlad-Talwrn-RuralPoliceBoards -
PembrokeshireSustainableAgricultureNetwork-AllPartyGrouponSuicidePrevention-VariousCounty based
Mental Health Groups.
```
## **`Recognition`**
```
Someofthebestrecognitionthatwegetisasimplethankyoufromsomeonewhomayapproachusatashow or
anevent.Donationsfromcommunitygroupsarealsoastrongrecognitionofthevalueofwhatwedo.This year,
however,wealsogainedmoreformalrecognitionincludingtheHighSheriffofGwynedd'sAwardforservicesto the
communityand,attheRoyalWelshShowwewerepresentedwiththeFUWExternalAwardforServices to
Agriculture.
```
```
All of this is amazing and a huge encouragement to us all at Tir Dewi.
```
## **`Press and media`**
```
ThepressandmediacontinuetoshowaninterestinTirDewiandoftenapproachusforcommentonpieces that
theyaredoingonfarming.WearearegularcontributoronBBCRadioWalesandRadioCymru,havespoken on
manylocalradiostationsandpodcastsandhavealsobeenfeaturedonanumberofTVshowsincluding farming
weekly shows. Social media seems an ever present these days and we try to do our part on the major channels.
```
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
Growthincasenumbers,instaffnumbersandintheamountofactivityhasalsorequiredanincreasein revenue.
Throughtheamazingsupportofallofourfundersanddonors,ourincomeincreasedfrom£163,371in2022 to
£285,294.Expenditurehasalsoincreasedsignificantlyfrom£165,523to£230,130inthesameperiod.This has
leftuswithasurplusof£55,164.Wehavereservesofjustover£121,000andarecomfortablethatthisis a
reasonable position for Tir Dewi to be in at this stage.
```
```
-5-
```
```
TIR DEWI
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
```
## **`FUTURE PLANS FUTURE PLANS`**
```
On2ndJune2023wewillformallylaunchintothethreecountiesofFlintshire,DenbighshireandWrexham. We
alsointendlaunchingacrosstheremainderofWalesintheensuing18monthsincludingpartsofPowysand the
south East of Wales.
```
```
Giventheincreaseinreferralsalreadybeingexperiencedandtheadditionalchallengesapproachingforfarming, we
anticipate being busier and busier for the coming year and well beyond.
```
```
WearealsolaunchingadditionalbranchesofClwbFfermwyrandhopetobeabletoconfirmevercloser working
relationshipswithpartnerorganisationsastheyeardevelops.ThesearelikelytoincludetheRuralPolice teams,
parts of the NHS, other charities and unions.
```
## **`FUTURE FUNDING EXPECTATIONS`**
```
Thecombinationofcurrentoperations,currentgrowthplansandtheexpectationofincreaseddemandswillled to
anevergreaterfundingneedforTirDewi.Wearedelightedthatfundingpartnersandourcommunitysupport us
sowellandfeelthatwehavestrongrelationshipswithmanyofthese.Wehopeandlookforwardtobuilding upon
these to continue to do the great work that Tir Dewi does.
```
```
Wecontinuetomaintaintightfinancialcontrolsandtotrytoprovidevalueforevery£spent.Ourrelationships with
thefarmingsector,withorganisationswhomakedonationsandwithourfundingpartnersremainscrucialto our
continued ability to provide this much needed service.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
```
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesanunincorporatedcharity. Tir
DewiisestablishedasaCIOandisregisteredwiththeCharityCommission(RegisteredNumber1179204),with a
governingdocumentintheformofaconstitutionwhoseonlyvotingmembersarethecharityTrustees. Our
Constitution was reviewed at our last AGM in June 2022 with no changes deemed necessary.
```
## **`Charity constitution`**
```
TirDewihas7Trustees(listedbelow)whomet4timesduringtheyearplusanAGM.Trusteesareappointed and
re-appointedbyaresolutionpassedatTrustees'meetings.AChair,Vice-ChairandTreasureriselected from
amongtheTrusteeseachyearattheAGM.OurNorthWalesManagementCommitteeof6alsocontinuestomeet to
provide information and support to our operation there.
```
## **`Decision making`**
```
Day-to-daymanagementoftheorganisationlaywiththeChiefExecutiveOfficer,GarethDavies,whoattended all
meetingsoftheTrusteesandwhohadfrequentconversationsasrequiredwiththeChairandvariousotherof the
Trustees.Therelationshipisco-operative,supportiveandsharesamutualcommitmenttothefutureabilityof Tir
DewitoservethefarmersofWales.Duringtheperiodofthisreporttherewereeightotherstaffmembers covering
operationsandpromotionalactivitiesacrossthenorthandsouthofWales.Allcurrentlyreporttothe Chief
Executive Officer.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`**
```
1179204
```
## **`Principal address`**
```
Riverside
4 Gloster Terrace
Cardigan
Ceredigion
SA43 1DL
```
```
-6-
```
```
TIR DEWI
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023`**
## **`Trustees`**
```
Mr M T J Lewis
Ms S M Jones
Mr W P Hughes
Mr J T Davies
The Ven R H E Davies
Ms O M Davies
Mr J M Thomas
```
## **`Independent Examiner`**
```
Llewelyn Davies
Yelverton House
St John Street
Whitland
Carmarthenshire
SA34 0AW
```
```
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
............................................................
Mr J M Thomas - Trustee
```
```
-7-
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
TIR DEWI
```
## **`Independent examiner's report to the trustees of Tir Dewi`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofTirDewi(theTrust)fortheyear ended
31 March 2023.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActand in
carryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharityCommission under
Section 145(5)(b) of the Act.
```
## **`Independent examiner's statement`**
```
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.I can
confirmthatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheInstituteof Chartered
Accountants in England and Wales, which is one of the listed bodies.
```
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentionin connection
with the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
C R John FCA FCCA
```
```
Llewelyn Davies
Yelverton House
St John Street
Whitland
Carmarthenshire
SA34 0AW
```
```
Date: .............................................
```
```
-8-
```
```
TIR DEWI
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`79,633`
**`Charitable activities`**
`Provision of counselling & support services`
`-`
**`Total`**
`79,633`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Provision of counselling & support services`
`22,790`
`Other`
`1,679`
**`Total`**
`24,469`
**`NET INCOME/(EXPENDITURE)`**
`55,164`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`66,440`
**`TOTAL FUNDS CARRIED FORWARD`**
`121,604`|`Restricted`
`funds`
`£`
`205,661`
`-`
`205,661`
`205,661`
`-`
`205,661`
`-`
`-`
`-`|`2023`
`Total`
`funds`
`£`
`285,294`
`-`
`285,294`
`228,451`
`1,679`
`230,130`
`55,164`
`66,440`
`121,604`|`2022`
`Total`
`funds`
`£`
`163,371`
`1,445`
`164,816`
`165,523`
`1,371`
`166,894`
`(2,078)`
`68,518`
`66,440`|
|---|---|---|---|
```
The notes form part of these financial statements
```
```
-9-
```
```
TIR DEWI
```
## **`BALANCE SHEET 31 MARCH 2023`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Intangible assets`
`4`
`11,880`
`Tangible assets`
`5`
`7,580`
`19,460`
**`CURRENT ASSETS`**
`Debtors`
`6`
`4,130`
`Cash at bank`
`122,104`
`126,234`
**`CREDITORS`**
`Amounts falling due within one year`
`7`
`(24,090)`
**`NET CURRENT ASSETS`**
`102,144`
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
`121,604`
**`NET ASSETS`**
`121,604`
**`FUNDS`**
`9`
`Unrestricted funds`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
`-`
`1,530`
`1,530`
`-`
`81,847`
`81,847`
`(83,377)`
`(1,530)`
`-`
`-`|`2023`
`Total`
`funds`
`£`
`11,880`
`9,110`
`20,990`
`4,130`
`203,951`
`208,081`
`(107,467)`
`100,614`
`121,604`
`121,604`
`121,604`
`121,604`|`2022`
`Total`
`funds`
`£`
`-`
`463`
`463`
`4,031`
`136,081`
`140,112`
`(74,135)`
`65,977`
`66,440`
`66,440`
`66,440`
`66,440`|
|---|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
```
```
.............................................
Mr J M Thomas - Trustee
```
```
.............................................
Ms O M Davies - Trustee
```
```
The notes form part of these financial statements
```
```
-10-
```
```
TIR DEWI
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeen prepared
inaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January 2019)',
FinancialReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublic of
Ireland'andtheCharitiesAct2011.Thefinancialstatementshavebeenpreparedunderthehistorical cost
convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonan accruals
basisandhasbeenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Where costs
cannotbedirectlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesona basis
consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoverits estimated
useful life.
```
```
Fixtures and fittings- Straight line over 3 years
Computer equipment- Straight line over 3 years
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`2. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023norforthe year
ended 31 March 2022.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31March2023norfortheyear ended
31 March 2022.
```
```
-11-
```
```
TIR DEWI
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
```
## **`3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`57,747`
**`Charitable activities`**
`Provision of counselling & support services`
`1,445`
**`Total`**
`59,192`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Provision of counselling & support services`
`36,511`
`Other`
`1,371`
**`Total`**
`37,882`
**`NET INCOME/(EXPENDITURE)`**
`21,310`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`45,130`
**`TOTAL FUNDS CARRIED FORWARD`**
`66,440`
**`4.`**
**`INTANGIBLE FIXED ASSETS`**
**`COST`**
`Additions`
**`AMORTISATION`**
`Charge for year`
**`NET BOOK VALUE`**
`At 31 March 2023`
`At 31 March 2022`|`Restricted`
`Total`
`funds`
`funds`
`£`
`£`
`105,624`
`163,371`
`-`
`1,445`
`105,624`
`164,816`
`129,012`
`165,523`
`-`
`1,371`
`129,012`
`166,894`
`(23,388)`
`(2,078)`
`23,388`
`68,518`
`-`
`66,440`
`Computer`
`software`
`£`
`12,960`
`1,080`
`11,880`
`-`|
|---|---|
```
-12-
```
```
TIR DEWI
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
```
|**`5.`**
**`TANGIBLE FIXED ASSETS`**
`Fixtures`
`and`
`fittings`
`£`
**`COST`**
`At 1 April 2022`
`415`
`Additions`
`8,948`
`At 31 March 2023`
`9,363`
**`DEPRECIATION`**
`At 1 April 2022`
`277`
`Charge for year`
`1,131`
`At 31 March 2023`
`1,408`
**`NET BOOK VALUE`**
`At 31 March 2023`
`7,955`
`At 31 March 2022`
`138`
**`6.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other debtors`
`Prepayments and accrued income`
**`7.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Bank loans and overdrafts (see note 8)`
`Trade creditors`
`Other creditors`
**`8.`**
**`LOANS`**
`An analysis of the maturity of loans is given below:`
`Amounts falling due within one year on demand:`
`Bank overdrafts`
`Other loans`|`Computer`
`equipment`
`£`
`978`
`1,374`
`2,352`
`653`
`544`
`1,197`
`1,155`
`325`
`2023`
`£`
`-`
`4,130`
`4,130`
`2023`
`£`
`719`
`-`
`106,748`
`107,467`
`2023`
`£`
`719`
`-`
`719`|`Totals`
`£`
`1,393`
`10,322`
`11,715`
`930`
`1,675`
`2,605`
`9,110`
`463`
`2022`
`£`
`3,208`
`823`
`4,031`
`2022`
`£`
`3,208`
`8,736`
`62,191`|`Totals`
`£`
`1,393`
`10,322`
`11,715`
`930`
`1,675`
`2,605`
`9,110`
`463`
`2022`
`£`
`3,208`
`823`
`4,031`
`2022`
`£`
`3,208`
`8,736`
`62,191`|
|---|---|---|---|
|||`74,135`||
|||`2022`
`£`
`3,208`
`8,350`
`11,558`|`2022`
`£`
`3,208`
`8,350`|
```
-13-
```
```
TIR DEWI
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
```
## **`9. MOVEMENT IN FUNDS`**
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
`WCVA`
`Lottery - YFC`
`Princes Countryside Fund`
`National Lottery`
`Mantell Gwynedd`
`Clwb Ffermwyr Mon`
`Anglesey Charity Elusennol Ynys Mon`
`Hywel Davies`
`Rank Golden Award`
`Rank T2S`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
`National Lottery`
**`TOTAL FUNDS`**|`At 1.4.22`
`£`
`66,440`
`66,440`
`Incoming`
`resources`
`£`
`79,633`
`21,509`
`7,400`
`97,356`
`12,841`
`270`
`3,962`
`7,455`
`1,001`
`25,775`
`20,000`
`8,092`
`205,661`
`285,294`
`At 1.4.21`
`£`
`45,130`
`12,003`
`11,385`
`23,388`
`68,518`|`Net`
`movement`
`At`
`in funds`
`31.3.23`
`£`
`£`
`55,164`
`121,604`
`55,164`
`121,604`
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(24,469)`
`55,164`
`(21,509)`
`-`
`(7,400)`
`-`
`(97,356)`
`-`
`(12,841)`
`-`
`(270)`
`-`
`(3,962)`
`-`
`(7,455)`
`-`
`(1,001)`
`-`
`(25,775)`
`-`
`(20,000)`
`-`
`(8,092)`
`-`
`(205,661)`
`-`
`(230,130)`
`55,164`
`Net`
`movement`
`At`
`in funds`
`31.3.22`
`£`
`£`
`21,310`
`66,440`
`(12,003)`
`-`
`(11,385)`
`-`
`(23,388)`
`-`
`(2,078)`
`66,440`|
|---|---|---|
```
-14-
```
```
TIR DEWI
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
```
## **`9. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`59,192`|`(37,882)`|`21,310`|
|**`Restricted funds`**||||
|`Llechi, Glo a Chefn Gwlad`|`16,862`|`(28,865)`|`(12,003)`|
|`WCVA`|`17,650`|`(17,650)`|`-`|
|`Princes Countryside Fund`|`16,667`|`(16,667)`|`-`|
|`General restricted funds`|`2,500`|`(2,500)`|`-`|
|`National Lottery`|`47,199`|`(58,584)`|`(11,385)`|
|`Mantell Gwynedd`|`1,538`|`(1,538)`|`-`|
|`Isle of Anglesey Charitable Association`|`3,208`|`(3,208)`|`-`|
||`105,624`|`(129,012)`|`(23,388)`|
|**`TOTAL FUNDS`**|`164,816`|`(166,894)`|`(2,078)`|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|||`Net`||
|---|---|---|---|
|||`movement`|`At`|
||`At 1.4.21`|`in funds`|`31.3.23`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`45,130`|`76,474`|`121,604`|
|**`Restricted funds`**||||
|`Llechi, Glo a Chefn Gwlad`|`12,003`|`(12,003)`|`-`|
|`National Lottery`|`11,385`|`(11,385)`|`-`|
||`23,388`|`(23,388)`|`-`|
|**`TOTAL FUNDS`**|`68,518`|`53,086`|`121,604`|
```
-15-
```
```
TIR DEWI
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
```
## **`9. MOVEMENT IN FUNDS - continued`**
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
`WCVA`
`Lottery - YFC`
`Princes Countryside Fund`
`General restricted funds`
`National Lottery`
`Mantell Gwynedd`
`Isle of Anglesey Charitable Association`
`Clwb Ffermwyr Mon`
`Anglesey Charity Elusennol Ynys Mon`
`Hywel Davies`
`Rank Golden Award`
`Rank T2S`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`138,825`
`38,371`
`25,050`
`97,356`
`29,508`
`2,500`
`47,469`
`5,500`
`3,208`
`7,455`
`1,001`
`25,775`
`20,000`
`8,092`
`311,285`
`450,110`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(62,351)`
`76,474`
`(50,374)`
`(12,003)`
`(25,050)`
`-`
`(97,356)`
`-`
`(29,508)`
`-`
`(2,500)`
`-`
`(58,854)`
`(11,385)`
`(5,500)`
`-`
`(3,208)`
`-`
`(7,455)`
`-`
`(1,001)`
`-`
`(25,775)`
`-`
`(20,000)`
`-`
`(8,092)`
`-`
`(334,673)`
`(23,388)`
`(397,024)`
`53,086`|
|---|---|---|
## **`10. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 March 2023.
```
```
-16-
```
```
TIR DEWI
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Grants`
**`Charitable activities`**
`Media work`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Wages`
`Home office allowance`
`Insurance`
`Telephone`
`Postage, stationery & printing`
`Advertising & promotion`
`Sundries`
`Admin costs`
`Computer costs`
`Website & database costs`
`General expenses`
`Travelling costs`
`Subscriptions & training`
`Computer software`
`Fixtures and fittings`
`Computer equipment`
**`Support costs`**
**`Management`**
`Sundries`
`Accountancy fees`
`Total resources expended`
**`Net income/(expenditure)`**|`2023`
`£`
`79,633`
`205,661`
`285,294`
`-`
`285,294`
`167,240`
`1,768`
`823`
`3,648`
`871`
`22,290`
`132`
`120`
`3,172`
`-`
`1,152`
`21,347`
`2,053`
`1,080`
`1,131`
`546`
`227,373`
`1,078`
`1,679`
`2,757`
`230,130`
`55,164`|`2022`
`£`
`57,748`
`105,623`
`163,371`
`1,445`
`164,816`
`109,494`
`1,647`
`686`
`3,387`
`1,618`
`27,744`
`1,170`
`1,608`
`3,130`
`746`
`3,277`
`6,412`
`4,140`
`-`
`138`
`326`
`165,523`
`-`
`1,371`
`1,371`
`166,894`
`(2,078)`|
|---|---|---|
```
This page does not form part of the statutory financial statements
```
```
-17-
```