Charity ragistration number 511211
Company registratlon number 018096541England and Wales)
PEOPLE AND WORK UNIT
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

PEOPLE AND WORK UNIT
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Dr C Sophocleous
P G Watkins
G J McHugh
G D Lewis
J L Huyton
DJRees
C B Vallance
(Appointed 5 October 2023)
Secretary
S Lloyd-Jones
Charlty number
511211
Company number
01809654
Reglstered office
Unit 1 @Loudon
Plas lona
Bute Town
Cardiff
CF10 SHW
Independent examlner
Dorrell Oliver Ltd
Linden House
Monk Street
Abergavenny
Monmouthshire
NP7 5NF
BankerJ
HSBC Bank plc
1 Bridge Street
Newport
South Wales
NP20 6UT

PEOPLE AND WORK UNIT
CONTENTS
Page
Trustees, report
Independent examinerfs ￿port
Statement of financial activities
Balance sheet
10
Notes to the financial statements

PEOPLE AND WORK UNIT
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Chair's Report
l am writing this in May 2024. The last 12 months have seen People and Vvork continue to work for the people of
Rhondda and with organisations across INales. We are taking forward the lessons learned from The Llethi Glo a
Chefn project. along with the partners. There has also been some important evaluation work done induding the
ongoing evaluation of the Invest local programme and research into the support needs of disadvantaged young
people.
Staff have adjusted to a hybrid work model, between home working and being office based and we have again
focused on keeping overhead costs as low as possible. The economic situation is still uncertain. This will impact
parlicularly on the people of Rhondda and on the rest of Wales.
People and Work recognises that employment is the key focus to improve people's life chances. Education, training
and support for people to get into the labour market and secure jobs are the key ingredients of our v￿rk.
This last year has seen the development of the Rhondda team to the point where they will become fully independent
in 2025, launching a new Rhondda owned and ked Charty designed and implemented by young Rhondda pecyle.
Support has been given to the development of the new organisation and will continue, as long as it is requested.
Because of Ihis major development, People and Work will be looking at its future strategy in 2024. The options
include focussing on another area of Wales., or focussing on a broader advocacy role. 2024 sees our 40th
anniversary as a charity and a lot has been leamed in the past 40 years about what works and what doesn't, and
what is needed for the future of community development. A big focus going fO￿ard will be how we share this
experience.
Financially, People and Work has had a good year in both ac￿SSing funding and earned income. which has
enabled the development of a number of posts, some of which are time limited, enabling young people to gain work
experience, including those working in their own communty. It is difficult to predict success in omaining research
contracts, though our reputation is good and we have a great team. It remains to be seen how the funding
landscape might change.
People and INork also needs to work on its advocacy and infomiation sharing role. in developing relationships with,
and persuading other organisations of, what is needed and what works, given its long experience.
The financial statements have been prepared in accordance with the accounting policies set out In note 1 to the
financial statements and comply with th@ Charity's Memorandum and Articles of Association, the Companies Act
2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their 8ccounts in accordance with the Financial R8POrting Standard applicable in the UK and Republic of
Ireland {FRS 102)" (effective 1 January 2019).

PEOPLE AND WORK UNIT
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Objectives and activities
The charity's objeds are the advancement of education by carrying out andlor assisting in carrying out research and
study into social and economic problems for the benefit of the general public,. additionally, to promte education in
all matters related to community organisations.
People and Vvork seeks to make a difference through two core functions:
to promote the value of education and learning (for all age groups) as a tool for tackling inequalities and
promoting employment, through a programme of community-based action research projects; and
to undertake commissioned research and evaluation work for the public and third sectors in Vlales
addressing inequalities in areas such as education (formal and informal), health and employment.
People and Work's self-generated action research work is funded through charitable twsts and funds.
Eamed income comes from commissioned research and evaluation work done for the public and voluntary
sectors. Any surplus earned through the research and evaluation contracts goes into action research work
that aims to build understanding of effeckn.ve ways to tsckle the causes and effects of poverty, especially in
relation to education, health and employment outcomes.

PEOPLE AND WORK UNIT
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Achlèvaments and perfomiance
Cenhedlaeth Rhondda Generation
A core groups of five local residents who have worked for People and Work over a few years have d&ided to
develop their own Rhondda based charity. Their work focuses on working with people in Rhondda to develop all
aspects of wellbeing - health. leaming, employment and digital inclusion. The plan is to gradually move on from
People and Work and already 'shadow' systems have been set up with the group administrator collectirKJ monthly
expenses and starting to keep parallel financial records.
As current People and Work project funding Gomes to an end (mostly by March 2025 although some will go to end
of May 2025) the aim is to repla￿ it with funding for the new charity.
The key programmes currently being run are..
Green Llght- employment support
Green Light is funded to work in the Upper Rhondda Valleys by Pen y Cymoedd Community Fund and the team
generate its own income to cover addttional work in the lower part of the valleys. In 2023, Green Light engaged with
over 350 individuals. This support ranges from CV building, job searching. interview preparation. a(xessing skills
and training courses and helping in removing olher barriers to employment. Green Lights provides employment
support to unemployed and employed people. The Green Light project has no criteria for people to engage with the
programme and will work with anyone that requires employment support.
During 2023 support from The Rank Foundation enabl8d Green Light to enrol and fund people onto various
courses. These courses include: first aid, food hygiene, sports Coaching, and CSCS cardsltraining. The project
worked with a Rhondda based course provider who are very keen on collaborating with charits"es. They have offered
courses at discounted prtces and have been very flexible and understanding with those Green Light work wilh.
Additionally, they have offered free resits to those Green Light participants who fail.
Green Light has also been central in creating connections and lIa￿sIng with local MPS. In November Green Light was
approached by a local MP to help with employment support for the internakn'onal student population in the Rhondda.
Green Light had already been working with intemational students through the Food Banks, and the local MP
reached out in hopes that Green Light could aid in CV building, Job searching, and funding courses for the students.
Between September and December 2023 Green Light helped 31 intemational students facing complex issues with
employment support. Green Light has continued to liaise with local MPS and aids to feedback community issues
regarding employment.
Participants ar8 referred to Green Light through a variety of ways. Most have come Ihrough referral through the Job
Centre or employment events. Others have been refe￿ed to by word of mouth or from externall partner
organisation5 or social media. and four individuals have been referTed to us by local MPS.
Readlng Rhondda Darllen
The Reading Rhondda project was born out of research done by a community member working for People and
Work post pandemic. Afler speaking with family and community members in Rhondda and looking at national
statistics she noted the decline in reading and literacy skills in primary aged children. The Reading Rhondda project
is funded by Pen y Cymoedd Community Fund and the Waterloo Foundation. aims to bridge this gap by holding
sessions with parentslcaregivers and children with the emphasis on encouraging reading and literacy at home, as
￿￿11 as providing reading materials for the children involved to access on a regular basis.
The sessions at the schools are focused weekly on a particular book and involve family craft activities linked to the
story. Sessions are run in schools and in the community and work with pre-school up to year 6.

PEOPLE AND WORK UNIT
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
By the end of 2023 Reading Rhondda had an average of 44 families attending sessions every V￿ek and was
working within 9 primary schools, 2 pre-schools and 2 community settings. In the summer fundlng was secured from
the Shared Prosperity Fund to enable the project to add Welsh medium sessions. This has enabled the project to
develop in Welsh medium schools, particularly valuable as many of the parentslcareglvers do not speak Welsh
themselves so building their confidence in supporting their child's ￿adIng is important. Bi-lingual pre-school
sessions are also being run. One parent whose Child wlll attend a Vvelsh medium school said..
°Introducing Welsh into the sessions has been 8 bnlliant welcome for families who speak Wglsh orlittle on8S
who will b6 8tt8nding Welsh settings. Picking up a new worf orphrase helps along with the help of the books
that we can take home. Claire has been welcoming in every $8ssion and my daughter always loves going
and singing her Welsh songs along with all the actions.. -Reading Rhondda paTrnt.
The sessions are also valued by the parentslcaregivers as valuable time to SP8nd with théir child:
'Me and my son love when Reading Rhondda Come to the school. It has made me and my son bond by
having time to Spend together, it has helped me with my confidence with parenting my son and meeting
others. [my chlldl loves the ladies who run the sessions and on the days they are there he can't wait to go to
school when the rest of the time it has been a struggle.. - Reading Rhondda parent
Rhondda Dlgldol.
Rhondda Digidol is a project based In the Rhondda that has been developed to help tackle issues around digital
inclusion. A key factor to the Rhondda Dlgldol work is working alongside individuals and groups lo support them to
make the best use of current digital opportunities for friendship, shopping, work, health, education, and
communication. The project aids in helping to tsckle digital inclusion through the provlsion of devices. data, and the
necessary knowledge to use them effectively. It has fve key objectives..
Promote digital inclusion in Rhondda.
Tackle digital exclusion through the provision of devices,,
Reduce data poverty In Rhondda.,
Offer digital support, training and coding opportunities to people In Rhondda., and
Reduce digital device waste through donations.
In 2023 Llnk approached Rhondda Digidol about piloting some work to promote digitsl inclusion, particularEy
amongst adults and older people. In November new slaff joined Rhondda Digldol funded by Link. and
broadened the focus to include working in libraries, care homes and running regular digital events.
One to one support with digltal technology was given in the last year to 132 people, of whom 55 w￿6 SUPPOrted
with key activities such as banking, doctors appointments and contacting friends., 49 were supported with
employability. 15 were supported to make social contacts and others were helped with adult education and
children's schoolwoth.
In addition to the one to one work that project delivers coding club sessions and has worked with schools to develop
a six week coding course. Clubs are run in schools. community venues and libraries. Regular computer gaming
clubs are also run offering young people a safe place to come. In partnership with the local authority youth team
coding and gaming clubs run in school holidays have worked with 330 young people in the past year.
The project provided 52 people with no access to the internet with sim cards this year. The cards come from the
Good Things Foundation and come pre-loaded with data. The project has also encouraged other organisations In
Rhondda to access these free sim cards and there are now five places where people can get them, a year ago
Rhondda Digidol was the only source. The project has also provided five laptops and 14 tablets to c(xnmunity
member this year and recycled surplus equipment from Rhondda Housing Association and local schools.

PEOPLE AND WORK UNIT
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
PIAS LI6s
PIAS Lles is the evolution of Play It Again Sport. a People and Work social enterprise run since 2018, and has been
funded by the National Lottery from February 2023-February 2028. The main targets of this project are:
Sustainability hubs - support local groupslorganisations to implement 3 over the next five years, to
promote an awareness of climate change and what people can do to make a difference {SLFPPOrt community
led activity)
50.000 tonnes of sports kit diverted from landfill
500 people involved in community wellness (sport, physical movement and well-being)
30 local leaders trained and delivering local activtties
6 monthly local newsletterlreviews - provide a progress report
Environmental work to support community activity in environment-led and engaging groups and
support them in the work they do, and to become self-sufficient (support with bank accountslgetting
constituted etc).
The key theme of PIAS Lles is to encourage community activism to tackle climate change. support the health and
well-being in Rhondda communities through the provision of the equipment needed and also providing Ihe activits'es,
and then supporting volunteers in order for these groups to be self-sufficient.
In its first year the programme ha5 SUPPOrted the development of three sustsinability hubs: Y Slop Fach Sero in
Ferndale. Slop y Llyn in Clydach Vale. and Pentre Comrades Club. In addition, the programme has worked with
Grow Rhondda in Blaenrhondda to develop Y Potyn Bach, a café hoping to develop a stronger focus on
sustsinability.
Flt and Well - PIAS delivery.
The core provision includes weekly sessions..
Monday running group (beginnerslexperienced wnners, Clydach Vale Athletics Track)
Tuesday walking group (hyper-local, always in YnyshirlPorth, no more than 4 miles)
Wednesday walking group (locations change weekly, distance varies from 3 -6 miles)
Happy Feet monthly Saturday walking group (locations change, minimum of 8 miles)
Walking Rugby weekly
Various ad-hoc activities (YEPS sports sessions, PT sessions etc)
These activities consistently engage with over 90 people monthly.
PIAS Lles has been exploring new developments, including running a community survey in June 2023 to see what
activities people wanted to be able to access. In the summer, Shared Prosperty Funding provided for two part-time
assistants to help with delivery, one focusing on work with young people and schools, and on walking football and
rugby with adults, and one on walking and fitness training. In addition, a trainee with funding from the Rank
Foundation has strengthened the team's capacity.
New activities which have been launched include:
Strength & Balance class (Fridays at Pentre Comrades Club)
Strength & Balance class (Mondays at Arts Factory)
Arts session (Tuesdays at St Peteff 5 Church)
Wednesday walking group {hyper-local, always from Pentre, no more than 3 miles)
Personal Training Gym Support (Thursdays at Ystrad gym)
Youth Club gum sessions with YEPS (Mondays in Ynyshir)
This has been an initial trial to see how lower-level physical and well-being activities are received, and so far (they
only launched mid-January), the response has been positive, ther8 have b@8n over 60 people engaged with through
these additional activities.

PEOPLE AND WORK UNIT
TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The project works with schools throughout Rhondda, working with around 210 children and young people a week.
One of the SPF funded workers 15 developing a Community Interest Company in Rhondda to provid8 sporls
activities People and Work have been able to support him to become quallfled through the FAW and as a cricket
coach and help him create the sports business called Next Level. Next level has been set up to help young people
In Rhondda who are unable to play football for a club due to waiting lists, confidence or having difficulties being in
groups. Already 30+ have enrolled and the team collaborated with Ton Pentre AFC to create a junior football sectlon
from aged 5-11. People and Work will continue to 8UPPOrt Indlvlduals training to provide access to sports and fitness
and help them obtain DBS check.
Celebratlng 40 years
People and Work was launched as an independent charity on Aprll 17th 1984 and this year we are celebrating 40
years in 2024. We are working with partners to develop a series of short papers the capture aspects of what we
have leamed over these 40 years and we wlll be sharing these with the wider Welsh voluntary sector and policy
makers as the year progresses
Talwm
Talwrn is a partnershlp of voluntary sector leaders in Wales convened by People and Work. It is an inft)rmal group
and has contlnued to provide a valued space for people to talk about thelr work. its challenges and strength5
Evaluatlon and Research
People and Vvork earns income from providing evaluation and research support to the public and volLntary sectors
in Wales. We focus on qualitative work that meets with the charity's overall objectives and are committed to work
that enables clients to develop their work to support people as effectively as posslble.
The research and evaluation work has continued to develop and during 2023 and we worked on some key poliry
areas for the Welsh Government, including-
Rapid Evidence Review,. Supporting 'inactive' NEET young people to overcome intersectional barriers to accessing
and sustaining their work goals
The evaluatlon of the Invest Local programme run by Buildlng Communities Trust
ev
ion?1
The evaluation of Communities for Work + with Old Bell3 -
An evaluats'on of the Autism Code of Practice
A formative evaluability assessment of th8 Young Person's Guarantee.
In addition, in the last year People and Work has pn)vided evaluation support to:
Age Cymru West Glamorgan who are leading on developing a coherent approach across five voluntary
sector organisations to support people with dementia and their carers.
Bamado's in Gwynedd and Ynys Mon with a five year programme to develop improved support for mental
health with young people.,
GISDA in Gwynedd to develop support for young people.
North Wales CAMHS who are developlng their In-Reach to Sd)ools programme
Flnan¢lal review
The results for People and Work are as shown In the Statement of Financial Activlties. The trustees have reviewed
the charlty's need for reserves in line with guidance issued by the Charity Commlssion.
Reserves policy
A policy has been established whereby the unrestrlcted funds not committed or invested in tangible fixed assets
(free reserves) should be be￿een two and three months unrestricted expenditure. At this level, the trustees fe81
they would be able to continue the current activities of the charity in the event of a significant delay in funding. The
policy is reviewed annually against current commitments.

PEOPLE AND WORK UNIT
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Major risks
The Trustees have assessed the major risks to which the Charty is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.
Structure. governance and management
The Charity is a company limrted by guarantee and does not have any share capital.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the date of signature of the financial statements were..
Dr C Sophocleous
P G Walkins
G B Davies
G J McHugh
G D Lewis
J L Huyton
DJRees
C B Vallance
(Resigned 6 June 2023)
(Appointed 5 October 2023)
Recmitment and appointmgnt of tniste8S
Unless otherwise determined by a General Meeting, the numbers of the members of the Goveming Body shall not
be fewer than six or more than thirty. The Governing Body shall from time to time appoint a member ￿ the
Goveming Body, either to fill a casual vacancy or by way of addition to the Governing Body, provided that the
prescribed maximum is not thereby exceeded. Any member so appointed shall retain their office until the next
Annual General Meeting, but he or she shall then be eligible for r&election. None of the trustees has any beneficial
interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event
of a winding up.
Organisational sÈnJGtu
Dr Duncan Holtom heads up the research team working with Rhodri Bowen, senior researcher, and Emma Preece.
James Hall is operations manager looking after IT systems, office bases and equipment. He also he&ls up
partnershlp work.
James Watts•Rees leads the Fit and Well school and sports work and manages Gavin Jenkins and Raylee Caviell.,
manages Tomas Jenkins and the development of Cenhedlaeth Rhondda Generation.
Tomas Jenklns leads the Green Light programme.
Ethan Jones manages Rhondda Digidol and manages Heather Hansen and Scott Jones
Natasha Burnèll leads on social enterprise and environmental sustainability and manages Luca Evans.
Natasha Owens leads Reading Rhondda and manages Claire Davies.
Sardh Lloyd-Jones is the director and works with our Trustees
Ann Churcher Is the administrator.
Relationship with related parties
There are no related parties.
The Trustees, r
port was approved by the Board f Trus
G J McHugh
Trustee
13 May 2024

PEOPLE AND WORK UNIT
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PEOPLE AND WORK UNIT
I report on the financial statements of the Charity for the year ended 31 December 2023, which are set out on
pages 9 to 19.
Respective responsibilities of Trustees and examlner
The Charity's Trustees, who a￿ also the directors of People and Work Unit for the purposes of company law. are
responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year
under section 144{2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
The charity's gross income ex￿eded £250,000 and l am qualified to undertake the examination being a quallfied
member of the Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is ellgible for Independent
examination, it is my responsibility to:
examine the financial statements under section 145 of the 2011 Act;
(li) to follow the prO￿dureS laid down in the general Directions given by the Charity Commission under section
145{5){b) of the 2011 Act. and
(iii) to state whether particular matters have come to my attention.
Basls of Independent examlnerfs report
My examination was carried out in accordance with the general Directions given by the Charity Commlsslon. An
examination includes a review of the accounting records kept by the charity and a comparison of the financial
statements presented with those records. It also includes consideration of any unusual items or disdosures in the
financial statements, and seeking explanations from you as trustees concerning any such matters. The
procedures undert8ken do not provide all the evidence that would be required in an audit and consequently no
opinion is given as to whether the financial statements present a 'true and fair view and the report is limited to
those matters set out in the next statement.
Independent examlnerfs statement
In connection with my examination, no matter has come to my attention:
(a) which gives me reasonable caus8 to believe that in any material respect the requirements:
(i) to keep accounting records in accordan￿ with section 386 of the Companles Act 2006. and
(li) lo prepare financial statements which a¢¢ord with the accounting records, comply with the accounting
requirements of section 398 of the Companles Act 2006 and with the methods and principles of the
Statement of Recommended Practice: Accounting and Reporting by Charities;
have not been met or
(b) to whlch, in my opinion, attention should be drawn In order to enable a proper understsnding of tk
financial statements to be reached.
PELeaFCA
Dorrell Oliver Ltd
Chartered Accountant
Linden House
Monk Street
Abergavenny
Monmouthshire
NP7 5NF
Dated: 13 May 2024

PEOPLE AND WORK UNIT
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrlcted Restrlcted
funds
funds
2023
2023
Total Unrèstrletsd Restrfcted
funds
funds
2022
2022
Total
2023
2022
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Investments
other income
295,184
295,184
266,043
6.054
3,243
359.495
359,495
193,229
2,082
20.857
266.043
6.054
193.229
2.082
3.243
20.857
Total income
272.097
298.427
570.524
195,311
380,352
575.663
Expendlture on:
Charitable activities
212,812
222,818
435,630
154,069
403,776
557,845
Total expenditure
212,812
222,818
435,630
154,069
403,778
557,845
Net gainsl(losses) on
investments
12
(1,888)
(1,888)
(3.585)
(3,585)
Net income and movement in
funds
57.397
75.609
133.006
37.657
(23,424)
14,233
Reconciliation of funds:
Fund balances at 1 January
2023
143,363
35.691
179,054
105,706
59.115
164,821
Fund balances at 31
December 2023
200,760
111,300
312,060
143,363
35,691
179.054
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

PEOPLE AND WORK UNIT
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Flxed assets
Investments
14
17,435
19.684
Current assots
Debtors
Cash at bank and in hand
15
28.845
278,014
30,347
160,826
306,859
191,173
Credltors: amounts falllng due wlthln
one year
16
(12,234)
(31,803)
Net current assets
294,625
159,370
Totsl assets les8 current Ilabllltles
312,060
179,054
Net assets excludlng penslon Ilablllty
312.060
179,054
The funds of the Charlty
Restricted income funds
Unrestricted funds
18
111,300
200,760
35.691
143,363
312,060
179,054
The company is entitled to the exemption from the audit requirement contained In section 477 of the Companies Act
2006, for the year ended 31 December 2023.
The Trustees, acknowledge their responsibilities for ensuring that the charity keeps accounting ￿CordS which
comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs
of the company as at the end of the financial year and of its incoming resources and application of resources.
including its income and expendilure, for the financial year in accordance with the requirements of sections 394 and
395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as
applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Trus
eson13M y2024
e.-d T
G J McHugh
Trustee
Company registralion number 01809654 (England and Wales)
10-

PEOPLE AND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng policiès
Charity information
People and Work Unit is a private company limited by guarantee incorporated in England and Wales. The
registered office is Unit 1 @Loudon. Plas lona, Bute Town, Cardiff. CF10 5HW.
1.1 Accounting conventlon
The financial statements have been prepared in accordance with the Charity's [governing document], the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland- fFRS 102°) and the Charities SORP "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)" (effective 1 January 2019). The
Charity is a Public Benefit Entty as defined by FRS 102.
The Charity has taken advantsge of the provisions in the SORP for charities not to prepare a Statqnent of
Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Mon8tary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Golng concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial stalemenls.
1.4 Incoming resources
Income is recognised when the Charity is legally entitled to it after any perfomiance Gondilions have been
met, the amounts can be measured reliably, and it is probable that income will be received.
1.5 Resources expended
Direct charitable expenditure includes all expenditure directly related to the objects of the Gharity.
Costs have been apportioned as a percentage of project costs in line with the grant conditions. Saiaries have
been apportioned on a time basis.
1.6 Tanglblg flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impaiment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Plant and equipment
250h Straight Sine
11

PEOPLEAND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounllng pollcles
(Contlnued)
1.7 Flxed asset Investments
Flxed asset Investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value 8t each reporting date. Changes in fair value are recognised in net
income/(expenditure) for the year. Transaction costs are expensed as Incurred.
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand. deposits held at call wlth banks. other short-term liquid
investments with original maturities of three months or less.
1.9 Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financial instruments are recognised in the Charty's balance sheet when the Charity becomes paty to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally @nforceable right to set off the recognised amounts and Ihere is an intention to settle on a
net basis or to reali5e the asset and settle the liability simultsneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balan￿5, are initially measured at
transaction price . Financial assets classified as receivable within one year are not amortised.
Baslc flnanclal Ilabllltles
Basic financial liabilities. including creditors are recognised at transaction price. Financial liabilities classified
as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or seNices that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less.
Derecognition of financial liabilities
Financial liabilities are derecogni8ed when the Charity's contractual obligations expire or are discharged or
can￿lled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed
to teminate the employment of an employee or to provid8 termination benefits.
1.11 Retlrement beneflts
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
12-

PEOPLE AND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Critical accounting estimates and judgements
In the application of the Charty's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects cnly that
pertod. or in the pertod of the revision and future periods vthere the revision affects both cu￿ent and future
periods.
Grant Income
2023
2022
Grants receivable
295,184
359,495
Grants receivable for core activities
The Rank Foundation
WCVA Third Sector Resilience Grant Fund
National Lottery Communty Fund - Supporting Great Ideas
Pen y Cymoedd
Link Scheme Ltd
Global Charities
WCVA DWP Kickstart programme
National Lottery Community Fund - People and Places
Moondance Foundation
Waterloo Foundation
Rhondda Cynon Taff
Other
27,058
51,465
40,000
153,027
22,754
50,968
57,950
36,150
24,697
17.052
35,000
15,000
57,021
35.000
5,098
25,939
500
295,184
359,495
Charitablo activitles
2023
2022
Research income
266,043
193,229
13-

PEOPLE AND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Income from investments
Unrestrlctsd Unrestrlcted
funds
funds
2023
2022
Interest re￿Ivable
6,054
2,082
Expendlture on charitable activities
Funded Research
Actlon
and
Rasoarch Evaluatlon
2023
2023
Totsl
Funded Research
Actlon
and
riesearch Evaluation
2022
2022
Total
2023
2022
Direct costs
Staff costs
Research
Project costs
Activity and training
Printing, stationery and
advertising
Phone
194,834
152,859
30,431
347.693
30,431
7.836
3.255
238.000
116,847
8,453
354.847
8.453
141,464
802
7,836
1,639
141.464
95
1,616
707
892
876
2.744
86
1,582
4.500
4.906
415
852
3,796
374
1.156
2,693
1,327
1.307
1.728
6.540
460
2,738
7,193
6,233
935
1.284
4.694
56
1,451
5,875
6,503
785
391
3,245
683
1,284
3,217
550
1.720
1.675
7,939
739
2,735
9,092
7,053
Sundries
Insurance
Rent
Travel expenses
Interpreters and
trans18tors
Equipment
Books and subs
Administration
6,145
1,468
1,836
5,274
6,145
4,391
1,836
5,274
433
2.986
6,185
410
1,406
5,393
6,618
3,396
1,406
5,393
2,923
222,818
210,242
433,060
403,776
149,556
553,332
Share of support and governance costs (see note 8)
Support
157
Governance
2,413
157
2,413
2,000
2,513
2,000
2,513
222.818
212.812
435,630
403,776
154,069
557,845
Analysls by fund
Unrestricted funds
Restricted funds
212,812
212,812
222,818
154,069
154,069
403,776
222,818
403.776
222,818
212,812
435.630
403,776
154,069
557.845
14-

PEOPLE AND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DEGEMBER 2023
Description of charitable activitias
Funded Action Research - Supporting people in education and skills programmes.
Commissioned Research and Evaluation - Evaluating and researching as commissioned.
Support costs allocated to actlvltles
2023
2022
157
2.413
2,000
2,513
Govemance costs
2,570
4,513
Analysed between:
Research and Evaluation
2,570
4.513
Net movement in funds
2023
2022
The net movement in funds is stated after chargingl(crediting}'.
Fees payable for the independent examination of the charity's financial
statements
2.413
2,513
10 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the
Charty during the year.
15-

PEOPLE AND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Employees
Number of employees
The average monthly number of employees during the year was..
2023
Number
2022
Number
Project
Research
11
12
Employment Costs
2023
2022
Wages and salaries
Social security costs
Other pension costs
293,933
24,417
29,343
291,014
25,125
38,709
347,893
354.848
There were no employees whose annual remuneration was £60,000 or more.
12 Net galnsl{losses) on investments
Unrestrlctsd Unrestrlcted
funds
funds
2023
2022
Revaluation of investments
(1,888)
(3,585)
13 Taxatlon
The charity is exempt from taxation on its activities because all its income is applied for charitsble purposes.
16-

PEOPLE AND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
14 Fixed asset Investments
Llsted
investments
Cost or valuatlon
At 1 January 2023
Valuation changes
19,884
(2,249)
At 31 December 2023
17,435
Carrylng amount
At 31 December 2023
17,435
At 31 December 2022
19,684
15 Debtors
2023
2022
Amounts falllng due wlthln one year:
Trade debtors
28,845
30,347
16 Creditors: amounts falllng due wlthln one year
2023
2022
Accruals and deferred income
12,234
31,803
17 Retirement benefit schemes
2023
2022
Deflned contrlbutlon schemes
Charge to profit or loss in respect of defined contribution schemes
29.343
38,709
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the Charity in an independently administered fund.
17-

PEOPLE AND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
18 Restrfcted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
Movement In funds
Incomlng
Resources
Balance at
expended1 January 2023
Movement In funds
Incomlng
Resources
Balance al
resources
expended 31 December
2023
Balance at
1 January 2022
Project funds
59,115
380,352
(403,776)
35.691
298,427
(222,818)
111,300
19 Unrestrlcted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These indude
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 January
2023
Incomlng
resources
Resources
expended
Galns and
losses
At31
Decembor
2023
Generdl funds
143,363
272,097
(212,812)
(1,888)
200,760
Prevlous year:
At 1 January
2022
Incomlng
resources
Resources
expended
Galns and
losses
At31
December
2022
General funds
105,706
195,311
(154,069)
(3,585)
143.363
20 Anatysls of net assets between funds
Unrestrlcted
funds
2023
RgStrl¢ted
funds
2023
Total
2023
At 31 December 2023:
Investments
Current assetsl(li8bilities}
17,435
183,325
17,435
294,625
111,300
200,760
111.300
312,060
18-

PEOPLE AND WORK UNIT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
20 Analysls of net assets betwoan fund8
{Continued)
Unrestrlcted
funds
2022
Restrlcted
funds
2022
Total
2022
At 31 December 2022:
Investments
Current assetsl(liabilities)
19,684
123,679
19,684
159,370
35.691
143,363
35,691
179,054
21 Remuneratlon of key management personnel
The remuneration of key management personnel was as follows:
2023
2022
Aggregate remuneration
22,761
44,256
19-