|||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|