## ## |||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|| ##