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2022-12-31-accounts

Charity number: 239899

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' Report 2 - 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 - 24

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022

Trustees Jonathan Colchester, Chair
Geoffrey Sinclair, Vice Chair
Penelope Williams, Treasurer
Victor Warren
Dr Ken Addison
Robert Hepworth
Dr Christine Hugh-Jones
Richard Williams-Ellis
Dr Jonathan Dean
Charity registered
number

Principal office





Accountants






 239899
Ty Gwyn
31 High Street
Welshpool
Powys
SY21 7YD
WR Partners
Chartered Accountants
Hafren House
5 St Giles Business Park
Newtown
Powys
SY16 3AJ

Page 1

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

The Trustees present their annual report together with the financial statements of the Charity (CPRW) for the year 1 January 2022 to 31 December 2022.

Objectives and activities

a. Policies and objectives

The Charity is constituted under a Charity Commission Scheme and is a Registered Charity, number 239899. Its objects and ethos are as set out in its Constitution and its Mission Statement.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Strategies for achieving objectives

Communicating CPRW’s messages and the profiling of its work and the efforts of its Branch volunteers is a high priority. We produced the monthly e Bulletin to members during the year and the website was updated when necessary. We did not produce a magazine in 2022 owing to lack of staff time. This will be a priority in 2023.

c. Governanace and management

The new CEO, Jon Parker, informed us that he was to leave his post in March 2022. This was a blow as he had achieved a great deal since he started in January 2021. The work of transferring from a Charity to a Company Limited by Guarantee had been started and would be carried on by staff & Trustees. To this end, an EGM was held in May 2022 which approved the change from a Registered Charity to a Company Ltd by Guarantee (with charitable status).

Jon had suggested that a PR Manager would be a prudent appointment, rather than a CEO. This was achieved in September 2022, when Ross Evans was appointed.

Trustees continued to hold their meetings via Zoom, which enabled the Charity’s business to continue. In October, a hybrid meeting was held where members could choose to attend HQ or join online. They met 10 times during 2022. All members undertake their duties as Trustees in a voluntary capacity.

We held a Council meeting & AGM virtually in October 2022. This was due to be a physical meeting, but due to low expected numbers we rearranged it to an online meeting.

d. Volunteers

The time given and commitment shown by Branch members in a voluntary capacity to CPRW’s work is significant and the crucial role and contribution they make locally to the organisation’s overall activities is of particular importance and value. The number of active volunteers in CPRW’s Branches is estimated at some 70, excluding trustees.

Page 2

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Achievements and performance

a. Review of activities

During the year, nationally and locally through our Branches, CPRW continued to respond to a whole host of consultations. We acknowledge the tremendous effort which our Branches and key individuals make to this process. These involve the following key themes which are central to the work of CPRW.

Given the current very limited staff resources, Head Office staff and Trustees had to work harder than in previous years to champion these causes.

b. Details of material fundraising

We were fortunate to have continued support from Tedworth, a Sainsbury family Charitable Trust, along with an Anonymous Trust. Both Trusts have been long standing supporters of our Charity and we are deeply grateful for their support.

c. Investment policy and performance

Due to the continuing unpredictability of the markets, the reserves continue to be held by Head Office as cash.

d. Working with and influencing others

Collaborative working continues to be an important dimension of CPRW’s approach towards its work and an effective means by which it spreads its messages. This continues to be an important strand of work for the new PR manager.

Page 3

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Financial review

a. Going concern

After reviewing the current financial situation and making the necessary enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the coming year. The Strategic review flagged up the need to secure additional income from a variety of sources to provide greater stability so far as the future financial status of the organisation is concerned. Expenditure on further staff would be limited until income has been raised. For this reason, the NEC continue to adopt the “going concern basis” in preparing these financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

b. Reserves policy

CPRW’s Reserves policy is the basis for the organisation’s investment and routine financial management procedures.

As noted previously the £106,381 which was held as Invested reserves is being held in cash by Head Office. Legacy income received a big boost during the year with a large bequest from a member – for which we are extremely grateful. Trustees bear in mind that this source of income is variable and not guaranteed; so prudent assessment of controlling staff costs, despite the real need for more staff, must be balanced. Owing to this large legacy, it was felt that we could employ a PR Manager on a 2 year contract, as this was seen to be a crucial role for the long term future of the Charity.

The free reserves of the Charity are calculated as the unrestricted reserves less designated funds and unrestricted fixed assets, and amount to £322,329 (2021: 163,4657).

c. Factors affecting overall performance

The unpredictability of CPRW’s financial base continues to have a significant effect on the capacity of the organisation to undertake activities of direct relevance to its interests.

Raising sufficient income to cover core costs remains a challenge and will continue to be a primary focus of effort during 2023, in order to stabilise and improve the organisation’s financial position. We were again fortunate to receive very generous legacies during the year, which are always a vital source of core funding. However, the continued reliance on this unpredictable income stream poses a major risk to the organisation and an unacceptable basis for CPRW’s long term financial security. A priority for the NEC in 2023 is to secure further unrestricted funds in order to establish an endowment to meet recurring expenditure.

d. The Financial Picture

The NEC along with the Operations Manager, actively and regularly monitored CPRW finances and reported their changing financial circumstances throughout the year.

CPRW wishes to thank all those who supported its activities in 2022. Sincere thanks are also recorded to all those who enabled our work to continue as a result of the other generous support they provided by way of gifts and legacies.

Page 4

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Structure, governance and management

a. Constitution

Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales is a registered charity, number 239899, and is constituted under a Trust deed.

b. Methods of appointment or election of Trustees

The management and control of the Charity is the responsibility of the NEC, its members being elected under the provisions of the Constitution. The managerial responsibilities and activities of the Charity are undertaken by employed staff located at the organisation’s office in Welshpool. Head Office fixed assets and investments are managed on behalf of the organisation by the Holding Trustees within the terms of a Trust Deed. Three NEC sub-committees have been appointed previously (Staff, Finance and Communications).

c. Risk management

All matters of strategic relevance or those which have organisational / resource implications are assessed and reported to meetings of the NEC. These assessments are made by Head Office staff often in conjunction with the Chairman both in terms of the risk to the organisation, its finances and also the scope and welfare of the staff involved.

No notifiable workplace incidents occurred in 2022 and CPRW continues to adhere to all relevant workplace and employee Regulations and Standards.

Not withstanding these circumstances, the greatest risk to the organisation’s future remains the uncertainty about its medium to longer term funding base. To counteract this, the organisation’s resources are closely monitored and scrutinised every quarter by the National Executive and our financial management practices audited regularly by our professional external Accountants to ensure there are no unaddressed issues or irregularities which will lead to longer term problems.

d. Financial management

CPRW sets an Annual budget approved by the NEC at its December meeting. Updates on the organisation’s ongoing financial status and budgetary performance are presented regularly to the NEC and any adjustments are considered and thereafter formally endorsed by them. The Treasurer monitors the organisation’s current financial situation and future needs.

e. Organisational structure and decision making

CPRW has been a registered Charity since 1928 and operates within the terms of its Governing documents. The Charity is a grass roots organisation with 14 Branches (10 currently active) each having its own Executive Committee and operating within the framework of CPRW’s Objects and its Branch constitution.

Each Branch is entitled to be represented on CPRW’s Council which provides advice to the National Executive on organisational and other relevant matters.

At the end of December 2022, CPRW had 2 full time members of staff. Staff attend all NEC and Council meetings to provide professional advice and guidance to the NEC on all organisational issues.

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YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Structure, governance and management (continued)

f. Governance

The National Executive Committee, whose members are ex officio the Trustees of the Charity, is the governing body of the organisation and acts as such as the employer of all staff. To ensure that its Trustees have a proper understanding of how the Charity works, CPRW recruits all new Trustees from its Council. All NEC members understand they must act reasonably and prudently in all matters relating to CPRW and with its long term interests in mind. Decisions made in the NEC are subject to collective responsibility.

Plans for future periods

a. Campaigning

Given the constraints imposed by our limited resources, the primary focus of our activities during 2023 will be:

b. Membership

The participation and effectiveness of those members in our active Branches continues to be a cornerstone of CPRW work locally. As a result of the recruitment efforts of active Branches, membership numbers are slowly increasing. Continuing these efforts will be important not only to improve the organisation’s financial situation but also to enable more of our members to engage in its work. Further efforts will therefore be made in 2023 to engage with members and the public in those areas where CPRW does not currently have a meaningful Branch presence, and to work closely with more like-minded charities and organisations for mutual benefits in terms of membership.

c. Communicating CPRW Messages

CPRW’s regular Members’ eBulletin provides a practical and effective means of enabling our members to understand the range of issues affecting rural Wales. Bulletins were issued throughout 2022 and the service will be maintained in 2023.

Producing our Rural Wales magazine remains a high priority. It provides a valuable and influential means of informing members and interested parties of the issues currently affecting rural Wales and our position on them. We were unable to produce a magazine in 2022, but it is envisaged that 2 editions will be produced in 2023.

We continued, on a national and local basis, to provide a sound platform to champion our Charitable objects, namely the protection of rural Wales and the retention of the integrity of its landscapes and in addition seeking to safeguard the quality of life of those who live in, depend upon or simply enjoy important natural and heritage values rural Wales provides. This was of particular importance during the pandemic years as people came to value their local landscapes and green spaces more than ever, as a means to exercise and enjoy their local open spaces.

Page 6

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

.............................................

Jonathan Colchester Chairman

Date: 11 April 2023

Page 7

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Independent Examiner's Report to the Trustees of Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2022.

Responsibilities and Basis of Report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 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.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Tim Lunt WR Partners Hafron House 5 St Giles Business Park Newtown SY16 3AJ

Dated: BA FCCA MIRPM

Page 8

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Note
Income and
endowments from:
Donations and legacies
3
Other trading activities
4
Investments
5
Total income and
endowments
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net
income/(expenditure)
before net
(losses)/gains on
investments
Net (losses)/gains on
investments
Net movement in
funds
Reconciliation of
funds:
Total funds brought
forward
Net movement in funds
Total funds carried
forward		 Endowment
funds
2022
£
-
-
-
-
-
-
-
-
(1,629)
(1,629)
29,500
(1,629)
27,871		 Restricted
funds
2022
£
-
-
-
-
-
-
-
-
-
-
3,068
-
3,068		 Unrestricted
funds
2022
£
182,849
5,298
4,325
192,472
740
94,712
95,452
97,020
(1,308)
95,712
292,866
95,712
388,578		 Total
funds
2022
£
182,849
5,298
4,325
192,472
740
94,712
95,452
97,020
(2,937)
94,083
325,434
94,083
419,517		 Total
funds
2021
£
82,514
5,440
3,851
91,805
2,491
98,816
101,307
(9,502)
1,461
(8,041)
333,475
(8,041)
325,434

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 11 to 24 form part of these financial statements.

Page 9

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2022

Note
Fixed assets
Tangible assets
12
Investments
13
Current assets
Stocks
14
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within one
year
16
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
17
Net assets excluding pension asset
Total net assets
Charity funds
Endowment funds
18
Restricted funds
18
Unrestricted funds
18
Total funds		 5,463
2,354
365,031
372,848
(6,983)		 2022
£
22,847
31,655
54,502
365,865
420,367
(850)
419,517
419,517
27,871
3,068
388,578
419,517		 3,813
3,032
267,791
274,636
(5,814)		 2021
£
23,220
34,592
57,812
268,822
326,634
(1,200)
325,434
325,434
29,500
3,068
292,866
325,434

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

................................................

Jonathan Colchester (Chair of Trustees) Date: 11 April 2023

The notes on pages 11 to 24 form part of these financial statements.

Page 10

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. General information

Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales is a registered charity, Charity number 239899. The members of the Charity are the trustees named on page 1 of these accounts.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (update effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

After making enquires, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing its financial statements.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Page 11

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property - 2% Straight line Fixtures and fittings - 20% Straight line

2.7 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of Financial Activities.

Page 12

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

2. Accounting policies (continued)

2.8 Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2.9 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.10 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.11 Liabilities and provisions

Liabilities and provisions are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

2.12 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.13 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

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YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

2. Accounting policies (continued)

2.14 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Endowment funds are funds, the capital of which must be maintained.

3. Income from donations and legacies

Donations
Legacies
Subscriptions
Total 2022
Total 2021		 Restricted
funds
2022
£
-
-
-
-
25		 Unrestricted
funds
2022
£
44,400
118,486
19,963
182,849
82,489		 Total
funds
2022
£
44,400
118,486
19,963
182,849
82,514		 Total
funds
2021
£
42,457
20,500
19,557
82,514

Page 14

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

4. Income from other trading activities

Income from fundraising events

Branches fundraising
Sale of goods
Life membership
Rivers appeal 2020
Total 2022
Total 2021		 Restricted
funds
2022
£
-
-
-
-
-
650		 Unrestricted
funds
2022
£
3,240
1,708
350
-
5,298
4,790		 Total
funds
2022
£
3,240
1,708
350
-
5,298
5,440		 Total
funds
2021
£
1,982
2,458
350
650
5,440

5. Investment income

Rent
Interest receivable
Investment income		 Unrestricted
funds
2022
£
3,120
592
613
4,325		 Total
funds
2022
£
3,120
592
613
4,325		 Total
funds
2021
£
3,120
100
631
3,851

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YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

  1. Expenditure on raising funds

Costs of raising voluntary income

Publicity & exhibitions
Sale of goods
Total 2022		 Unrestricted
funds
2022
£
740
-
740		 Total
funds
2022
£
740
-
740		 Total
funds
2021
£
40
2,451
2,491
  1. Analysis of expenditure on charitable activities Summary by fund type
Unrestricted
funds Total Total
2022 2022 2021
£ £ £
Other activities 94,712 94,712 98,816
  1. Analysis of expenditure by activities
Other activities
Total 2021		 Activities
undertaken
directly
2022
£
45,357
56,640		 Support
costs
2022
£
49,355
42,176		 Total
funds
2022
£
94,712
98,816		 Total
funds
2021
£
98,816

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YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

8. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Travel, training and subsistence
Consultancy
Rural Wales Awards
Rivers appeal expenditure
Online giving fees
Rural Wales magazine costs
Transfer to/from branches
Village awards		 Other
activities
2022
£
40,239
2,104
1,824
412
-
778
-
-
-
45,357		 Total
funds
2022
£
40,239
2,104
1,824
412
-
778
-
-
-
45,357		 Total
funds
2021
£
47,518
(60)
2,069
-
1,000
876
2,763
2,408
66
56,640

Analysis of support costs

Staff costs
Premises expenses
Office costs
Meetings and conferences
Bank, audit and accountancy
Sundry expenses
Recruitment expenses
Branch meetings
Depreciation
Village awards		 Other
activities
2022
£
18,495
3,003
8,968
50
3,915
9,625
700
3,691
908
-
49,355		 Total
funds
2022
£
18,495
3,003
8,968
50
3,915
9,625
700
3,691
908
-
49,355		 Total
funds
2021
£
19,548
3,795
10,575
-
2,816
3,252
-
1,368
801
21
42,176

Page 17

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

9. Independent examiner's remuneration

Independent examiner's remuneration
2022 2021
£ £
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts 2,940 2,670

10. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2022
£
55,074
1,626
2,034
58,734		 2021
£
63,921
1,455
1,690
67,066

The average number of persons employed by the Charity during the year was as follows:

2022 2021
No. No.
Average employees 2 2

No employee received remuneration amounting to more than £60,000 in either year.

The highest paid employee during the year received remuneration of £35,981 including gross pay and employers pension contributions.

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2021 - £NIL).

During the year ended 31 December 2022, expenses totalling £123 were reimbursed or paid directly to 1 Trustee (2021 - £212 to 2 Trustees).

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YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

12. Tangible fixed assets

Cost or valuation
At 1 January 2022
Additions
At 31 December 2022
Depreciation
At 1 January 2022
Charge for the year
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021
13.
Fixed asset investments
Cost or valuation
At 1 January 2022
Revaluations
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021		 Freehold
property
£
40,041
-
40,041
16,821
801
17,622
22,419
23,220		 Fixtures and
fittings
£
81,213
535
81,748
81,213
107
81,320
428
-		 Total
£
121,254
535
121,789
98,034
908
98,942
22,847
23,220
Other fixed
asset
investments
£
34,592
(2,937)
31,655
31,655
34,592

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YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

14. Stocks

Finished goods and goods for resale
15.
Debtors
Due within one year
Prepayments and accrued income
16.
Creditors: Amounts falling due within one year
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
17.
Creditors: Amounts falling due after more than one year
Accruals and deferred income		 2022
£
5,463
2022
£
2,354
2,354
2022
£
-
1,836
-
5,147
6,983
2022
£
850		 2021
£
3,813
2021
£
3,032
3,032
2021
£
1,168
2,256
200
2,190
5,814
2021
£
1,200

Included within the amount above is £200 which is deemed to be due after 5 years (2021: £300).

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YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

18. Statement of funds

Statement of funds - current year

Unrestricted
funds
Designated
funds
Branch Funds
Flintshire &
Brecknock
Funds
Anglesey
Caernarfon
Ceredigion
Conwy
Clwyd
Monmouthshire
Mongomeryshire
Newport &
Valleys
Pembrokeshire
Brecon &
Radnor
West Glamorgan
Merrionnydd
Mid & South
Glamorgan
Carmarthenshire
General funds
General Funds
Total
Unrestricted
funds		 Balance at 1
January 2022
£
106,172
209
-
-
-
-
-
-
-
-
-
-
-
-
-
-
106,381
186,485
292,866		 Income
£
9,582
2
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9,584
182,888
192,472		 Expenditure
£
(15,108)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(15,108)
(80,344)
(95,452)		 Transfers
in/out
£
(100,646)
-
337
4,457
789
3,745
1,714
5,471
1,930
5,594
622
3,953
2,298
3,611
6,994
1,676
(57,455)
57,455
-		 Gains/
(Losses)
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(1,308)
(1,308)		 Balance at 31
December
2022
£
-
211
337
4,457
789
3,745
1,714
5,471
1,930
5,594
622
3,953
2,298
3,611
6,994
1,676
43,402
345,176
388,578

Page 21

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

18. Statement of funds (continued)

Endowment
funds
Caernarfonshire
Branch
Restricted
funds
NDF Appeal
Total of funds		 29,500
3,068
325,434		 -
-
192,472		 -
-
(95,452)		 -
-
-		 (1,629)
-
(2,937)		 27,871
3,068
419,517

Designated funds - The Branch Fund balance brought forward this year was an estimated figure for the funds held within the Charity that belong to the various branches. This year, to improve accruracy, a transfer has been made into the separate funds to agree to the closing balance for each fund pre records held within the Charity. Going forward, this will show the movement per branch each year. The surplus fund from the Branch fund balance brought forward have been transferred back into general funds.

Endowment funds - the endowed funds belong to the Caernarfon branch.

Restricted funds - The NDF Appeal fund relates to moneys raised to respond to the Welsh Government's draft National Development Framework.

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YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

18. Statement of funds (continued)

Statement of funds - prior year

Unrestricted
funds
Designated
funds
Branch Funds
Flintshire &
Brecknock
Funds
General funds
General Funds
Total
Unrestricted
funds
Endowment
funds
Caernarfonshire
Branch
Restricted
funds
Hendy Appeal
NDF Appeal
Tedworth Trust
Rivers Appeal
Total of funds		 Balance at
1 January
2021
£
106,172
209
106,381
154,418
260,799
29,500
6,893
17,934
10,000
8,349
43,176
333,475		 Income
£
-
-
-
91,130
91,130
-
25
-
-
650
675
91,805		 Expenditure
£
-
-
-
(100,307)
(100,307)
-
-
-
-
(1,000)
(1,000)
(101,307)		 Transfers
in/out
£
-
-
-
39,783
39,783
-
(6,918)
(14,866)
(10,000)
(7,999)
(39,783)
-		 Gains/
(Losses)
£
-
-
-
1,461
1,461
-
-
-
-
-
-
1,461		 Balance at
31 December
2021
£
106,172
209
106,381
186,485
292,866
29,500
-
3,068
-
-
3,068
325,434

Page 23

YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

19. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Endowment
funds
2022
£
-
27,871
-
-
-
27,871		 Restricted
funds
2022
£
-
-
3,068
-
-
3,068		 Unrestricted
funds
2022
£
22,847
3,784
369,780
(6,983)
(850)
388,578		 Total
funds
2022
£
22,847
31,655
372,848
(6,983)
(850)
419,517

Analysis of net assets between funds - prior year

Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Endowment
funds
2021
£
-
-
29,500
-
-
29,500		 Restricted
funds
2021
£
-
-
3,068
-
-
3,068		 Unrestricted
funds
2021
£
23,220
34,592
242,068
(5,814)
(1,200)
292,866		 Total
funds
2021
£
23,220
34,592
274,636
(5,814)
(1,200)
325,434

20. Pension commitments

The Charity operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the Charity in an independently administered fund. The pension cost charge respresents contributions payable by the company to the fund and amounted to £2,034 (2021: £1,490).

21. Related party transactions

The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 December 2022.

Page 24