OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Page
Charity information
Trustees' Aaaual Report
Statement ofdirectors' responsibilities
Accountants'
report
Funds Starsm cnat:-
Statement ofFinancial Activities 9
Movements
in funds		 10
Revenue Funds 10
Income and Expenditure account 11
Summary offunds
Balance sheet 12
Notes to the accounts 13

detailed in the accounts, can be summarised
as follows		 :-
2023 2022
Net income (10,808) 14,940
Unrestricted
Revenue Funds available for the
general purposes ofthe charity		 6,712 17,520
Total Funds 6,712 17,520

Statement ofFinanc ial Acti vities for the year ended 33March 2023
Correct year Current year Csrreet year Prior Year
Uaresotctsd Restricted Total Funds Total Funds
Feeds Funds
2023 2023 2023 2022
s
Income
4h Endowments		 from:
Donations 3t Legacies Al 149,271 953 150,224 30,535
Expenditure
on:
Charitable
activities		 B2 160,079 953 161,032 15,595
Total expeaditure B 160,079 953 161,032 15,595
Net income for tbe year (10,$0$) (10)808) 14,940
Net income after transfers A-B-C (10,808) (10,808) 14,940
Net movemeat
In funds		 (10,$0$) (10,808) 14,940
Recondliation
offuadst-
Total funds brought forward 17,520 17,520 2,580
Total fuads carried forward 6,712 6,712 17,520

assets for C harity uset-
2023 2022
Funds generated in the year as detailed in the SOFA (10,808) 14,940
Net resources available to fund charitable activities ~ns 149"
Unrestricted Restricted Total Last year
Funds Funds Funds Total Funds
2023 2023 2023 2022
g
Accumulated funds brought forward 17,520 17,520 21580
Recognised gains and losses before (10,808) (10,808) 14,940
transfers
6,712 6,712 17,520
Closing revenue funds 6,712 6,712 17+20
Summary of funds Unrestricted Restricted Total Last Year
sad Funds Funds Total Funds
Dsslgaated
suade
2023 2023 2023 2022
t g
Revenue accumulated funds 6,712 6,712 17,520

Income and Expenditure
Ac
Act 2006		 count f or the year ended 31 March 2023 as required
by the Co		 mpanies
2023 2022
Income
Income from operations 150,224 30,535
Investment
income
Gross income ia tbe year before excepuonal items 150,224 30,535
Gross income in the year including exceptional items 150,224 30435
Expenditure
Charitable
expenditure,
excluding
depreciation		 snd smoiiisstion 159,832 15,595
Govemsnce costs 1,200
Realised losses
on dispossls ofsocial investments		 which are programme related
Total expeaditure
in the year		 161,032 15,595
Net income before tsx in the financial year (10,808) 14,940
Tsx on surplus
on ordinary
acuvities
Net income after tsx ia tbe tiusncisl year (10,808) 14,940
Retained surplus for the financial year (10,808) 14,940

SORP
Note Ref 2023 2022
f
Curreat assets
Dcbtom 10 B2 14
Cash at bank and in hand B4 8,185 22,704
Total current assets 8,185 22,718
Creditors: amounts falling due within one
year 11 CI (1,473) (5,198)
Net current assets 6,712 17,520
The total net assets ofthe charity 6,712 17,520
The total net assets ofthe charity are fusded by the funds ofthe charity, as follows:-
Restricted funds
Usrestrlcted
Funds
Unrestricted
Revenue		 Funds 15 D3 6,712 17,520
6,712 17,520
Designated
Funds
Total charity funds 6,712 17,520
The 'SORP Ref indicated
above is the classification ofBalance Sheet		 items as set out in the formal SORP documents. As
required
by paragraph		 4.60 ofthe SORP, the bmught fonvsnl and canied forward funds above have been agreed to the
SOPA..
The Trustees acknowledge
their responsibilities		 for complying with the requirements of charity legislation with respect to
accounting
recind s and the preparation		 of accounts.
The charity is subject to Independent
Examination		 under charity legislation, and the report ofthe Independent Examiner is
on page 8.
The Trustees are satisBed that, although the charity is not registered
under the Companies		 Acts, ifit wwa so registered, it
would be eligible to prepare accounts in accordance with the pmvisions inPnt 15 ofthe Companies Act 2006.applicable to
companies
subject to		 the small companies
regime.

Salary costs 2023 2022
Gmss Salaries excluding
trustees
and key management
personnel		 92,038 4,377
Employer's
operating
costs ofdefined
contribution
pension schemes		 914
Total salaries, wages and related costs 93,752 4,377
The avenge number ofpart time staff employed
in the year was
The average number offull time staff employed
in the year was
The estimated
full time equivalent
number ofall staff employed		 in the year was
The esnmated
eeui valent
number offull time staffdeployed in		 diferent acn'vi riesin theyear wasi-
Engaged on charitable
activities
The estimated full time efuivnlent number ofall staff employed as above

No No
Numbers ofsuch staffto whom benefits are accruing t-
Under defined benefits pension schemes
Highest paid employee
The remuneration
in the year year was		 20,927
Pension contributions
paid by the employer		 441
Total remuaeration
pechageindudedin		 total 21,368
salaries above
8 Defined contribution
pension schemes
The charity operates a defined contribution pension scheme, the costs ofwhich are shown above.
Any liabilites
and assets associated with the scheme are shown under debtors and creditors.
9 Remuneration
and payments
to Trustees aad persons coanected with them
No trustees or persons connected with them received my remuneration connected with them received my remuneration from the charity, or any related entity.
10 Debtors
2023 2022
Prepayments
and accrued income		 14
11 Creditors: amounts falling due within one year 2023 2022
Accroals 1,200
Other creditors 273 5,198
1,473 5,198
12 Iacome nnd Expenditure account summary 2023f 2022
At 1 April 2022 17,520 2,580
Surplus after tax for the year (10,808) 14,940
At31March 2023 6,712 17,520

At31March 2023 Unrestricted Desigustcd Restricted Tetsl
funds funds funds Feuds
Current Assets B,IB5 8,185
Current Liabilities (1,473) (1,473)
6&712 6,712
At I April 2022 Uurcstricted Designated Restricted Taisl
lands funds funds Feuds
Current Assets 22,718 22,71S
Current Liabilities (5,198) (5,198)
17420 17,520
Funds brought Movement
iu		 Transfers Fuuds curried
forwsut
from		 funds in 2023 bciwceu funds forward ic
2022 iu 2023 2024
SccNote 16 ScsNote 0
g
Unrestricted aud designated funds:-
Unrestricted Revenue Funds 17,520 (]0,80B) 6,712
Total unrestricted snd designated funds 17,520 (10,808) 6,712
Total charity funds 17,520 (I0,808) 6,712
Analysis o fmo vements
i		 n funds over tbe year ss shown in Note 15
Other
Income Kxpeudnure Gsius n Movement
Losses iu funds
2023 2023 2023 2023
Unrestricted aud desigaaicd fuads:-

19 Doaations, G roats snd Le g aci es
Corrent year Current year Current year Prior Year
Uarestrictee Restricted Total Funds Total Funds
Funds Fuses
2023 2a23 2023 2022
Donations and gifts from individuals
Smail donations individually less than 51000 2,950 2,950
Total donations snd gifts from individuals 2,950 2,950
Correat year Current year Curreat year Prior Year
Unrestricted Restricted Total Funds Total Foods
Funds Funds
2023 2023 2023 2022
Revenue grants from government and
public bodies
Mental Health Mattns 18,161 18,161
Swansea Bay 125,660 125,660 30,535
Total pubhc sector revenue grants 143,821 143,821 30,535
Currcut year Currcat year Current year Prior Year
Uarmnleted Rratricted Total Fuads Total Fuadr
Funds Puadr
2023 2023 2e23 2022
2
Revenue grants and donations from aon
public bodies
Small grants individuagy less tbau f1000 2,500 953 3,453
Total private sector revenue grants 2,500 953 3,453
Total Donations, Grants and Legacies
Total Donations, Grants snd At 149,271 953 150,224 30,535
Legacies
20 Expenditure
on charitable		 activities - Direct spending
Corrent year Current year Carreut year 1'rior Year
Unrestricted Restrictee Total Feuds Total Fuses
Current Year Funds Funds
2023 2a23 2023 2022

Gross wages and salaries - charitable charitable 92,838 92,83$ 4,377 4,377
activities
Defined contribution
pension costs—		 914 914
charitable
activities
Totaldirectspending B2a 93,752 93752 4 377
21 Support costs for charitable activities
Curreat year Curreut year Current
year		 rrlor Year
Uarrutrtrted Restricted Total Feuds Total Funds
Canent Year Feuds Feuds
2023 2023 2023 2022
Employee costs aotincluded in direct costs
Training
and welfare - staff		 211 211
Volunteer costs
Volunteers'
expenses		 1,133 1,133
Travel and subsistence - volunteers
Premises Expenses
Light heat ond power 6,918 6,91$
Cleaning
and waste management		 135
Premises repairs, renewals and maintenance 267
Rent 1,858 1,S5S
Administrative
averheods
Telephone,
fax and internet		 3,339 3439
Postage 308 308 15
Stationery
and printing
Equipment
expenses		 207
756		 207
756		 1,228
1,716
Software licences and expenses 23
Health and safely costs 28
Advertising
and marketing		 28,319 28/19 3,762
Liabilty and contents insurance 1,722 1,722 94
Sundry expenses 221 221 208
Equipment, repairs, expenses and maintenance 2,449 953 3,402 1,659
Consumables 2,082 2,082
Professional feespaid to advisors other than ehaauditor or erraminar
Other legal and professional 604 604 2,072
Evaluation
by UWTSD		 15,000 15,000

Support costs before reallocation 65,127 953 66,0$0 11,21$
Total support costs - Current Year 65,127 953 66,080 11,218
The basis ofagocstion ofcosts between activities is descn7red under eccountiog policies
AU the expeaditure
in the prior year wss unrestricted.
rtdminisyronne
overheads
22 Other Expenditure -Governance Other Expenditure -Governance Other Expenditure -Governance Other Expenditure -Governance costs
Current year Current year Current year Prior Year
Unrestricted Restricted TotalFonds Total Funds
Current Year Fuses Fuaes
2023 ta23 2023 2a22
Independent
Examiner's		 fees 1,200 1,200
Total Governance costs 1,200 1/00
23 Total Charitable expeaditure
Current year Curreat year Current
year		 Prior Year
Unrestricted Restricted Total Funds Total Funds
Current Year Funds Fends
1013 2023 2023 2012
Total direct spending B2a 93,752 93,752 4477
Total support costs B2tl 65,127 953 66,0$0 11,218
Total Governance costs B2e 1/00 1,200
Total charitable expenditure B2 160,079 953 161,032 15,595
AU the mpenditore in the prior year was unrestricted.
Prior Year Prior Year Prior Year
Uareelrlctea Restricted Total Funds
Prior Year Funds Funds
AU th e mpendit or e
in the prior year		 was unrestricted.
Prior Year Prior Year Prior Year
Uareelrlctea Restricted Total Funds
Prior Year Funds Funds
2022 ta22 2022
Total direct spending B2a 4,377 4,377
Total support tx&sts B2d 11,21$ 11,218
Total charitable expenditure B2 15,595 15,595

24 Analysis ofincome by activity Analysis ofincome by activity
SOFAref 2023 2022
5
Activity
Summary ofTata/Income, includr'ng the items above
Donations &Legacies Al 150224 30,535
Categories ofinceers
income hom exchange transactions 150,224 30,535
25 Analysis ofcharitable expenditure by activity
Direct costs Support Grant
costs fuadiag of Total Total
activities
2023 2023 2023 2023 2022
6
Primers
purpose sod ancillary rredingl
Direct costs 93,752 93,752 4,377
Employee costs aot included in direct costs
Volxateer costs		 211
1,133		 211
1,133		 Il
Premises expeases 8,776 8,776 402
Administrative
overheads		 40,356 40,356 8,733
Professiorml
fees		 15,604 15,604 2,072
Total Prhnsry purpose and
tradingl		 ancinary 93,752 66,080 159832 15595
Summary ofcharitable costs by activity
Direct costs Support Grant
costs funding of Total Total
activities
2023 2023 2023 2023 2022
8
Total Primary purpose sod socigsry trading l 93,752 66,080 159,832 15,595
Total Governance
costs as detailed in Note
22		 1/00 1,200
Total charitable
expenditure		 93,752 67~0 161,032 15,595

Analysis of support and governance and governance casts by charitable activities
Goveraanee Finance Human Other Total
Activity Resources Overheads
Primary purpose snd anciilmy trading 1 l,200 1,344 64,736 67,280
Aaalysis ofnon charitable expenditure by activity
Activity
Goverasace Governance
Governance casts Costs COStS
2023 2022
Gthm Expenditure - Governance costs as detailed in Note 22 1,200