2022-07-31-accounts

		Page
Our Progress
Report ofthe Trustees		3to 16
Independent Examiner's	Report	17
Statement of Financial	Activities	18to 19
Balance Sheet		20
Notes to the Financial Statements		21 to 29

DISCOVERY STUDENT VOLUNTEERING SWANSEA FOR THE YEAR ENDED 31 JULY 2022 'OUR I YEAR y Dis¢Èvery Page 2

Independent	Independent	examiner	examiner
MHA
Chartered	Accountants
3 New Mill	Court
Swansea	Enterprise		Park
Swansea
SA7 9FG
Bankers
Lloyds TSBBank PLC
Oxford Street
Swansea
SA1 3AP
Santander	Bank
1 Union Street
Swansea
SA1 3EE

			Unrestricted funds	Restricted funds	2022 Total funds
		Notes		E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies Charitable activities Other trading activities Investment income			133,840 244 313 519	50,250 40	"84,090 284 313 619
Total			134,916	50,290	185,2Q6
EXPENDITURE ON
Charitable activities
Charitable activity costs			137,474	43,942	181,416
Total			137,474	43,942	181,416
NET INCOME			(2,558)	6,348	3,79Q
Net transfers between funds NET MOVEMENT IN FUNDS			2,297 ~261	(2,297) 4,051	3,790
RECONCILIATION OF FUNDS
Total funds brought forward			127,065	15,808	142,873
TOTAL FUNDS CARRIED FORWARD		14	126,804	19,859	146,663

		Notes	Unrestncted funds E	Restricted funds E	2021 Total funds E
INCOME AND ENDOWMENTS	FROM
Donations and legacies Charitable activities Other trading activities Investment income			130,464 625 44 524	40,017 180 1,402	"70,481 805 1,446 524
Total			131,657	41,599	173,256
EXPENDITURE ON
Charitable activities
Charitable activity costs			134,649	37,589	172,238
Total			134,649	37,589	172,238
NET INCOME			(2,992)	4,010	1,018
Net transfers between funds
NET MOVEMENT IN FUNDS				4,010	1,018
RECONCILIATION OF FUNDS
Total funds brought forward			130,057	11,798	141,855
TOTAL FUNDS CARRIED FORWARD		14	127,065	15,808	142,873

			2022	2021
			Total funds	Total funds
		Notes	E	E
CURRENT ASSETS
Debtors Cash at bank and	in hand	12	10,362 141,250	16,942 133,831
			151,612	150,773
CREDITORS Amounts falling due within one year		13	~4,949	~79pp
NET CURRENT ASSETS			146,663	142,873
TOTAL ASSETS	LESSCURRENT
LIABILITIES			146,663	142,873
NET ASSETS			146,663	142,873
FUNDS
Unrestricted funds Restricted funds		14	126,804 19,859	127,065 15,808
TOTAL FUNDS			146,663	142,873

		Unrestricted	Restricted	2022	2021
Donations Grants		E 1,805 132,035 133,840	50,250 50,250	E 1,805 182,285 184,090	E 1,762 168.719 170,481
Grants		Unrestricted	Restricted	2022 Total	2021 Total
		E	E	Fund	Fund
				E	E
BBCChildren ln Need Swansea University Volunteering in Wales Changing for the Better SEA WOW Austin Bailey Foundation Alpkit Foundation Swansea Youth Bank		132,035	10,000 14,796 9,392 11,682 2,500 1.880	10,000 132,035 14,796 9,392 11,682 2,500 1,880	10,000 129,000 16,694 9,392 1,333 2,000 300
		132,035	50,250	182,285	168,719
HARITABLE	ACTIVITIES
		Unrestricted	Restricted	2022	2021
Fund raising SSP Scholarship		E 244	40	E 244 40	E 625 180
		244	40	284	805

			Unrestricted	Restricted	2022	2021
	Student Volunteering Activities Non Project Specific Income		E 255 58 313		E 255 58 313	E 44 1,402 1,446
5	INVESTMENT INCOME
					2022	2021
					C
	Deposit account interest				516	524
6	CHARITABLE ACTIVITIES COSTS
				Unrestricted E	Restricted E	2022 E	2021 E
	Salaries, Nl 8 pensions Reimbursed expenditure Activities Travel and subsistence Dues and subscriptions Staff training Resources Refreshments Telephone Other costs			121,136 93 598 782 1,820 550 455 420 5,442	34,283 970 3,161 60 1,326 432 68 30 3,612	155,419 970 3,254 658 782 3,146 982 523 450 9,054	139,355 2,819 9,566 443 2,428 1,210 426 404 476 8,677
	Total Support costs Governance costs			131,296 360 5,818	43,942	175,238 360 5,818	165,803 810 5,625
				137,474	43,942	161,416	172256

2022	2021
E=31	E 65

			Unrestricted	Unrestricted	Restricted
				funds E	funds E	2022 E	2021 E
Accountancy 8 payroll fees Insurance Bank charges				3,648 2,086 84		3,648 2,086 84	3,379 2,181 64
Total				5,818		5,818	5,625
STAFF COSTS						2022	2021
						E
Salaries and social security Pension scheme contributions						150,175 5,244	133,494 5,661
						155,419	139,355
The average	monthly	number	ofemployees	during the year was as follows:
						2022	2021
						9	8

			2022	2021
	Trade debtors Other debtors		E 8,767 1,595	16,942
			10,362	16,942
13	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2022	2021
	Trade creditors Taxation and social security Accruals Deferred income		E 588 819 2,928 614	E 254 463 2,736 4.442
			4,949	2,900

Unrestricted	funds	At 01/08/21 E	Income E	ExPenditure E	Transfers E	At 31/Q7/22
General fund		127,065	134,916	(137,474)	2,297	126,804
		127,065	134,916	137,474	2,297	126,804
Restricted funds
Inspire International Involve Interact		1,623 3,026 8,584 (36)	11,880 40 35,870	(10,400) (970) (31,482)	(2,333) 36	3,103 2,096 10,639
Non-Project Specific		2,611	2,500	(1,090		4,021
Total restricted	funds	15,808	50,290	43,942	2,297	19,859
Total funds		142,873	185,206	(181,416		146,663

Unrestricted	funds	At 01/08/20 E	income	Expendltul e E	Tlansfers E	At 31/07/21
General fund		130,057	131,657	(134,649)		127,065
		130,057	131,657	134,649		127,065
Restricted funds
Inspire International Involve Interact Non-Project Specific		5,736 4,942 1,120	10,667 220 26,086 966 3,660	(9,044) (2,930) (22,444) (1,002) 2,169		1,623 3,026 8,584 (36) 2,611
Total restricted	funds	11,798	41,599	37,589		15,808
Total funds		141,855	173,256	172,238		142,873

		Unrestricted	Restricted	Total funds
		'E
Current Current	assets liabilities	131,139 4,335	20,473 614	151,612 4,949
Total net	assets	126,804	19,859	146,663