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||||Page||
|---|---|---|---|---|
|Chairman's
Report|||||
|Report ofthe Trustees||2|to|9|
|Independent
Examiner's|Report||10||
|Statement ofFinancial|Acdvities||||
|Balance Sheet|||12||
|Notes to the Financial Statements||13|to|20|
|Detailed Statement ofFinancial Activities||21|to|22|
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|||||||||Period|
|---|---|---|---|---|---|---|---|---|
|||||||||16/3/20|
||||||||Year Ended||
||||||||31/8/22|31/8/21|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes||f,||f|
|INCOME|AND ENDOWMENTS FROM||||||||
|Donations|and legacies||||15,038|57,519|72,557|386,756|
|Investment|income||||||||
|Total|||||15,038|57,519|72,557|386,763|
|EXPENDITURE||ON|||||||
|Raising funds||||||10,816|10,816|16,388|
|Charitable|activities||||||||
|Life Science Mentoring|||Activities||2,960|153,220|156,180|88,665|
|Total|||||2,960|164,036|166,996|105,053|
|NKT INCOME/(EXPENDITURE)|||||12,078|(106,517)|(94,439)|281,710|
|Transfers|between|funds||13|(3,276)|3,276|||
|Net movement
ln||funds|||8,802|(103,241)|(94,439)|281,710|
|RECONCILIATION|||OF FUNDS||||||
|Total funds|brought|forward|||159,803|121,907|281,710||
|TOTAL FUNDS CARRIED FORWARD|||||168,605|18,666|187,271|281,710|
##
||||2022|2021|
|---|---|---|---|---|
|||Notes|||
|CURRENT ASSETS|||||
|Debtors|||5,064||
|Cash at bank|||190,796|297,352|
||||195,860|297,352|
|CREDITORS|||||
|Amounts
falling due within|one year|10|(8,589)|(15,642)|
|NET CURRENT ASSETS|||187,271|281,710|
|TOTAL ASSETSLESSCURRENT|||||
|LIABILITIES|||187,271|281,710|
|NET ASSETS|||187,271|281,710|
|FUNDS||13|||
|Unrestricted
fuuds|||168,604|159,803|
|Restricted
funds|||18,667|121,907|
|TOTAL FUNDS|||187,271|281,710|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
|||Period|
|||16/3/20|
||Year Ended|to|
||31/8/22|31/8/21|
||f.||
|Donations|36|284,781|
|Grants|72,521|101,975|
||72,557|386,756|
||||||Period|
|---|---|---|---|---|---|
||||||16/3/20|
|||||Year Ended|to|
|||||31/8/22|31/8/21|
|||||f.||
|Children|ln|Need||28,521|18,149|
|Thc National||Lottery|||83,826|
|Garfield|Western Foundation|||10,000||
|Moondance||Foundation||15,000||
|Neath Port Talbot County Borough Council||||5,000||
|Postcode|Community||Trust|14,000||
|||||72,521|101,975|
##
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|||||||||Period|
|---|---|---|---|---|---|---|---|---|
|||||||||16/3/20|
||||||||Year Ended|to|
||||||||31/8/22|31/8/21|
||Deposit account interest|||||||7|
|4.|CHARITABLE ACTIVITIES COSTS||||||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs|uote 5)|Totals|
|||||||f.|||
||Life Science|Mentoring|Activities|||153,015|3,165|156,180|
|5.|SUPPORT|COSTS|||||||
||||||||Governance||
|||||||Other|costs|Totals|
|||||||f|||
||Life Science|Mentoring|Activities|||385|2,780|3,165|
||Fees payable|to the charity's||Independent|examiners;|||2022|
||Independent|examiners|fee|||||2,550|
||Other accountancy
services|||||||230|
|||||||||2,780|
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|STAF|F COSTS|||
|---|---|---|---|
||||Period|
||||16/3/20|
|||Year Ended|to|
|||31/8/22|31/8/21|
|Wages|and salaries|66,744|71,094|
|Social|security costs|2,203|2,975|
|Other|pension costs|6,100|4,940|
|||75,047|79,009|
##
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||||||Period|
|---|---|---|---|---|---|
||||||16/3/20|
|||||Year Ended|to|
|||||31/8/22|31/8/21|
|Average|number ofemployees|||2|3|
|No employees||received emoluments|iu excess off60,000,|||
|Included|in gross wages is an amount||ofINil (2021:f950)relating to redundancy|costs.||
|The
key
management
of the
charity
comprises
the
Directors/Trustees.
The
tot
management
personnel ofthe charity was fNil (2021:fNR)b|The
key
management
of the
charity
comprises
the
Directors/Trustees.
The
tot
management
personnel ofthe charity was fNil (2021:fNR)b|The
key
management
of the
charity
comprises
the
Directors/Trustees.
The
tot
management
personnel ofthe charity was fNil (2021:fNR)b|The
key
management
of the
charity
comprises
the
Directors/Trustees.
The
tot
management
personnel ofthe charity was fNil (2021:fNR)b|al
benefits
of|the
the
k|
|---|---|---|---|---|---|
|COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||163,524|223,232|386,756|
|Investment
income||||||
|Total|||163,531|223,232|386,763|
|EXPENDITURE ON||||||
|Raising funds||||16,388|16,388|
|Charitable
activities||||||
|Life Science Mentoring|Activities||3,728|84,937|88,665|
|Total|||3,728|101,325|105,053|
|NET INCOME|||159,803|121,907|281,710|
|TOTAL FUNDS CARRIED FORWARD|||159,803|121,907|281,710|
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|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|
||2022|2021|
|Other debtors|4,773||
|Prepayments|291||
||5,064||
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||2022|2021|
|Social security and other taxes||6,191|
|Pension creditor|2,716|2,615|
|Deferred income||5,186|
|Accrued expenses|5,873|1,650|
||8,589|15,642|
||Year to|Period to|
|Deferred income|31/08/2022|31/08/2021|
||6||
|Opening Balance|5,186||
|Movement
in the period|(5,186)|5,186|
|Deferred income carried forward||5,186|
||The defe|rre|d income carried forward is analysed as foll|ows:||
|---|---|---|---|---|---|
|||||Year to|Period to|
|||||31/08/2022|31/08/21|
||Children|in|Need||5,186|
|11.|LEASING||AGREEMENTS|||
||2022|2021|
|---|---|---|
|Within one year|2,592|2,592|
|Between one and five years|1,728|4,320|
||4,320|6,912|
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||Unrestricted|Unrestricted|Unrestricted|Designated|Restricted|Year to|Period to|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|31/08/2022|31/08/2021|
|Net Current Assets|||93,604|75,000|18,667|187,271|281,710|
||||93,604|75,000|18,667|187,271|281,710|
|MOVEMENT IN FUNDS||||||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1/9/21|in funds|funds|31/8/22|
|Unrestricted
funds||||||||
|General fund||||84,803|12,077|(3,276)|93,604|
|Designated
Legacy Project Fund||||75,000|||75,000|
|||||159,803|12,077|(3,276)|168,604|
|Restricted funds||||||||
|The National Lottery Community||Fund||116,318|(116,318)|||
|Children
In Need||||5,589|(8,865)|3,276||
|Neath Port Talbot County Borough|||Council||4,667||4,667|
|Postcode Community|Trust||||14,000||14,000|
|||||121,907|(106,516)|3,276|18,667|
|TOTAL FUNDS||||281,710|(94,439)||187,271|
|Net movement
in funds, included||in the above are as follows;||||||
||||||Incoming|Resources|Movement|
||||||resources|expended|iu funds|
|Unrestricted
funds||||||||
|General
fund|||||15,038|(2,961)|12,077|
|Restricted funds||||||||
|The National
Lottery|Commuuity|Fund|||(1)|(116,317)|(116,318)|
|Childreu In Need|||||28,520|(37,385)|(8,865)|
|Garfield Western Foundation|||||10,000|(10,000)||
|Neath Port Talbot County Borough|||Council||5,000|(333)|4,667|
|Postcode Community|Trust||||14,000||14,000|
||||||57,519|(164,035)|(106,516)|
|TOTAL FUNDS|||||72,557|(166,996)|(94,439)|
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||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
||||||in funds|31/8/21|
|Unrestricted|||funds||||
|General|fund||||84,803|84,803|
|Designated||Legacy Project Fund|||75,000|75,000|
||||||159,803|159,803|
|Restricted||funds|||||
|The National|||Lottery Community|Fund|116,318|116,318|
|Children|In|Need|||5,589|5,589|
||||||121,907|121,907|
|TOTAL|FUNDS||||281,710|281,710|
||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||resources|expended|in funds|
|Unrestricted|||funds|||||
|General|fund||||88,531|(3,728)|84,803|
|Designated||Legacy Project Fund|||75,000||75,000|
||||||163,531|(3,728)|159,803|
|Restricted||funds||||||
|The National|||Lottery Community|Fund|205,083|(88,765)|116,318|
|Children|In|Need|||18,149|(12,560)|5,589|
||||||223,232|(101,325)|121,907|
|TOTAL|FUNDS||||386,763|(105,053)|281,710|
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||||FOR THE YEAR ENDED|31AUGUST 2022||
|---|---|---|---|---|---|
||||||Period|
||||||16/3/20|
|||||Year Ended|to|
|||||31/8/22|31/8/21|
|||||f||
|INCOME AND|ENDOWMENTS|||||
|Donations
and legacies||||||
|Donations||||36|284,781|
|Grants||||72,521|101,975|
|||||72,557|386,756|
|Investment
income||||||
|Deposit account|interest|||||
|Total incoming|resources|||72,557|386,763|
|EXPENDITURE||||||
|Raising donations||and|legacies|||
|Wages||||10,816|16,388|
|Charitable
activities||||||
|Wages||||55,928|54,706|
|Social security||||2,203|2,975|
|Pensions||||6,100|4,940|
|Telephone||||211|300|
|Postage and stationery||||306|278|
|Advertising||||710|3,936|
|Rent||||2,808|4,806|
|Travel &Subsistence||||829|32|
|StaffTraining &|Welfare||||1,023|
|Subscriptions||||150|494|
|Repairs &Renewals|||||65|
|Computer
costs||||7,497|9,311|
|Sundry costs||||80|339|
|Consultancy
Fees||||4,920|420|
|Legal &Professional||Fees||264|1,680|
|Bank Charges||||21|71|
|ITPlatform Development||||52,573||
|Project activity costs||||18,415||
|||||153,015|85,376|
|Support costs||||||
|Other||||||
|Insurance||||385||
|Governance
costs||||||
|Independent
Examiners'|||remuneration|2,780|3,289|
##
##
|FOR THE YEAR E|NDED 31AUGUST 2022||
|---|---|---|
|||Period|
|||16/3/20|
||Year Ended|to|
||31/8/22|31/8/21|
|Total resources expended|166,996|105,053|
|Net (expenditure)/income|(94,439)|281,710|