||||Pages||
|---|---|---|---|---|
|Trustees'
Annual
Report|||||
|Independent
Examiner's
Report||||6|
|Statement
of Financial Activities||||7|
|Summary
Income and Expenditure||Account||8|
|Balance Sheet||||9|
|Notes to the Accounts||||10|
|Detailed Statement
of Financial|Activities||20to|21|
##
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##
##
##
##
|for the year|end|e|d|31 March 2|023||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Endowment|||
|||||||funds|funds|funds|Total funds|Total funds|
|||||||2023|2023|2023|2023|2022|
||||||Notes||||||
|Income and|endowments||||||||||
|from:|||||||||||
|Donations|and||legacies||4|I5,073|||15,073|16,245|
|Charitable|activities||||5|22,570|11,968||34,538|29,988|
|Other trading||activities|||6|19,839|||19,839|11,843|
|Investments|||||7|999||434|1,433|1,943|
|Other|||||8|2,230|||2,230|1,238|
|Total||||||60,711|11,968|434|73,113|61,257|
|Expenditure|on:||||||||||
|Raising funds|||||9|7,490|||7,490|7,455|
|Charitable|activities||||10|15,199|12,608||27,807|51,819|
|Other|||||11|54,973|29,418||84,391|54,123|
|Total||||||77,662|42,026||119688|113397|
|Net (losses)/gains||||on||||(670)|(670)|1,219|
|investments|||||||||||
|Net expenditure|||||12|(16,951)|(30,058)|(236)|(47,245)|(50,921)|
|Transfers between||||funds||7,616|(7,183)|(433)|||
|Net expenditure
gains/(losses)|||before other|||(9,335)|(37,241)|(669)|(47,245)|(50,921)|
|Other gains|and||losses||||||||
|Net movement|||in|funds||(9,335)|(37,24 I )|(669)|(47,245)|(50,921)|
|Reconciliation||of||funds:|||||||
|Total funds|brought
forward|||||175,126|1,225,343|15,001|1,415,470|1,466,391|
|Total funds|carried forward|||||165,791|1,188,102|14,332|1,368,225|1,415,470|
|||2023|2022|
|---|---|---|---|
|Income||71,680|59,314|
|Interest
and investment
income||999|1,532|
|Gross income for the year||72,679|60,846|
|Expenditure||89,704|82,666|
|Depreciation
and|charges for|||
|impairment
of fixed assets||29,984|30,731|
|Total expenditure|for the year|119,688|113,397|
|Net expenditure|before tax for the year|(47,009)|(52,551)|
|Net expenditure|for the year|(47,009)|(52,551)|
##
##
##
##
##
##
##
##
##
|3|Statement
of|Financial|Financial|Activities|- prior year|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Endowment||
|||||||funds|funds|funds|Total funds|
|||||||2022|2022|2022|2022|
|Income and endowments||||from:||||||
||Donations
and||legacies|||16,245|||16,245|
||Charitable
activities|||||14,707|15,281||29,988|
||Other trading|activities||||11,843|||11,843|
||Investments|||||1,532||411|1,943|
||Other|||||1,238|||1,238|
|Total||||||45,565|15,281|411|61,257|
|Expenditure
on:||||||||||
||Raising funds|||||7,455|||7,455|
||Charitable
activities|||||8,999|42,820||51,819|
||Other|||||24,705|29,418||54,123|
|Total||||||41,159|72,238||113,397|
|Net|gains on investments|||||||1,219|1,219|
|Net|income|||||4,406|(56,957)|1,630|(50,921)|
|Transfers
between|||funds|||(25,621)|26,033|(412)||
|Net income before
gains/(losses)|||other|||(21,215)|(30,924)|1,218|(50,921)|
|Other gains and losses:||||||||||
|Net|movement
in|funds||||(21,215)|(30,924)|1,218|(50,921)|
|Reconciliation
of||funds:||||||||
|Total funds brought|||forward|||196,341|1,256,267|13783|1 466 391|
|Total funds carried|||forward|||175,126|1,225,343|15,001|1,415,470|
|4|Income from donations|||and legacies||||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
|||||||||P||
||Donations
and||admissions||||13,223|13,223|12,245|
||Grant income|(unrestricted)|||||1,850|1,850|4,000|
||||||||15,073|15,073|16,245|
##
|||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|
||Sale of educational|||materials||22,570||22,570|14,707|
||Grant income (restricted)||||||11,968|11,968|15,281|
|||||||22,570|11,968|34,538|29,988|
|6|Income from other|||trading|activities|||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||||||||P.|P||
||Fundraising||events||||10,846|10,846|7,674|
||Cafe sales||||||7,557|7,557|3,625|
||Room hire||||||1,436|1,436|544|
||||||||19,839|19,839|11,843|
|7|Income from||investments|||||||
|||||||Unrestricted|Endowment|Total|Total|
|||||||||2023|2022|
||||||||||F|
||Dividends|received||on COIF||||||
||investment||||||434|434|411|
||Deposit account interest|||||||999|1,532|
|||||||SS9|434|1,433|1,943|
|8|Other income|||||||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||||||||F|P|P.|
||Feed in Tariff||||||2,230|2,230|1,238|
||||||||2,230|2,230|1,238|
|9|Expenditure||on raising funds|||||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||Fundraising|trading||costs||||||
||Fundraising|events|||||2,080|2,080|1,876|
||Cafe sales||||||3,701|3,701|2,217|
||Room hire||||||1,709|1,709|3,362|
||||||||7,490|7,490|7,455|
##
|10|Expenditure
on charitab|le
activities|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||||2023|2022|
||||||P||
||Expenditure
on charitable||||||
||activities||||||
||Sale of educational
materials||13,969||13,969|7,774|
||Grant income (restricted)|||3,630|3,630|42,820|
||Employee costs|||8,9?8|8,978||
||Governance
costs||||||
||Accountancy||1,230||1,230|1,225|
||||15,199|12,608|27,807|51,819|
|11|Other expenditure||||||
||||Unrestricted|Restricted|Total|Total|
||||||2023|2022|
|||||||F|
||Employee costs||39,684||39,684|11,791|
||Motor and travel costs|||||180|
||Premises costs||11,845||11,845|8,045|
||Amortisation,
depreciation,||||||
||impairment,
profit/loss|on|566|29,418|29,984|30,731|
||disposal
of fixed assets||||||
||General administrative|costs|2,878||2,878|3,376|
||||54,973|29„4I8|84,391|54,123|
|12|Net expenditure
before|transfers|||||
|||||2023||2022|
||This is stated after charging:|||F|||
||Depreciation
of owned|fixed assets||29,984||30,731|
|13|Staff costs||||||||
|---|---|---|---|---|---|---|---|---|
|||||||2023||2022|
||Salaries and wages|||||47,788||41,613|
||Pension costs|||||874||706|
|||||||48,662||42,319|
||No employee|received emoluments||in excess of F60,000.|||||
||The average|monthly
number|of full|time equivalent|employees|during the year|was as follows:||
|||||||2023||2022|
|||||||Number||Number|
||Administration|and|||||||
||fun draising||||||||
||Women of West Wales||||||||
||project||||||||
|14|Tangible fixed assets||||||||
||||||||Fixtures,||
|||||||Land and|||
|||||||buildings|fittings and
equipment|Total|
||||||||E||
||Cost or revaluation||||||||
||At 1 April 2022|||||1,531,550|56,201|1,587,751|
||At 31 March|2023||||1,531,550|56,201|1,587,751|
||Depreciation|and|||||||
||impairment||||||||
||At 1 April 2022|||||253,777|55,075|308,852|
||Depreciation|charge for the||||29,418|566|29,984|
||year||||||||
||At 31 March|2023||||283,195|55,641|338,836|
||Net book values||||||||
||At 31 March|2023||||1,248,355|560|1,248,915|
||At 31 March|2022||||1,277,773|1,126|1,278,899|
|15|Investments||||||||
||||||||Other||
||||||||investments||
||||||||-Listed|Total|
|||||||||E|
||Cost or revaluation||||||||
||At 1 April 2022||||||15,002|15,002|
||Revaluation||||||(670)|(670)|
||At 31 March|2023|||||14,332|14,332|
||Net book values||||||||
||At 31 March|2023|||||14,332|14,332|
||At 31 March|2022|||||15,002|15,002|
##
|Not
16|es to the
Stocks|Accounts|||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||||F|
||Finished|goods|||10,673|11,915|
||||||10,673|11,915|
||Carrying|value analysed||by activities|2023|2022|
||Sale of educational||materials||10,473|11,800|
||Cafe sales||||200|I15|
||||||10,673|11,915|
|17|Debtors||||||
||||||2023|2022|
||Trade debtors||||1,354|45|
||VAT recoverable||||81|263|
||Other debtors||||521||
||||||1,956|308|
|18|Creditors:||||||
||amounts|falling due|within one year||||
||||||2023|2022|
|||||||P|
||Trade creditors||||2,381|1,894|
||Other taxes and social security||||346|273|
||Other creditors||||180|120|
||Accruals||||1,230|1,230|
||||||4,137|3,517|
##
|Movement|in fun|ds||||||
|---|---|---|---|---|---|---|---|
|||||Incoming||||
|||||resources|||At 31|
||||||Resources|Gross||
||||At 1 April|(including
other|expended|transfers|March
2023|
||||2022|gains/losses)||||
|Restricted|funds:|||||||
|Endowment|funds:|||||||
||||13,782|434||(433)|13,783|
|Total|||13,782|434||(433)|13,783|
|Restricted|income|funds:||||||
||||1,225,343|11,968|(42,026)|(7,183)|1,188,102|
|Total|||1,225,343|11,968|(42,026)|(7,183)|1,188,102|
|Unrestricted|funds:|||||||
|General funds|||175,126|60,711|(77,662)|7,616|165,791|
|Revaluation|Reserves:|||||||
|Endowment|funds:|||||||
||||1,219|(670)|||549|
|Total|||1,219|(670)|||549|
|Total revaluation||reserves|1,219|(670)|||549|
|Total funds|||1,415,470|72,443|(119,688)||1,368,225|
|Analysis
of net assets between
funds||||
|---|---|---|---|
||Unrestricted|Restricted||
||||Total|
||funds|funds||
||||P|
|Fixed assets|61,198|1,187,717|1,248,915|
|Investments||14,332|14,332|
|Net current assets|104,592|386|104,978|
||165,790|1,202,435|1,368,225|
##
|21|Reconcil|iation
of net|debt|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||At 31|
||||||||At|1 April|||March|
|||||||||2022|Cash flows||2023|
||Cash and|cash equivalents|||||112,863|||(16,377)|96,486|
||||||||112,863|||(16,377)|96,486|
||Net debt||||||112,863|||(16,377)|96,486|
|22|Commitments|||||||||||
||Operating
lease commitments|||||||||||
||Annual
commitments||under non-cancellable|||operating|leases are as|follows:||||
||||||||2023|2023||2022|2022|
|||||||Land|and|||Land and||
|||||||||Other|||Other|
|||||||buildings||||buildings||
||Operating|leases with|expiry date:|||||||||
||Pension|commitments||||||||||
||The company operates a defined|||contribution||pension|scheme which|all employees||are entitled to join.||
|||||||||2023|||2022|
|||||||||E|||P.|
||The pension cost charge to the company|||||||||||
||amounted|to:||||||874|||706|
||Unpaid contributions||due to the|fund are||||||||
||included|in other creditors and amounted|||to:|||180|||120|
|23|Related party disclosures|||||||||||
||Controlling
party|||||||||||
||||||Unrestricted|Restricted|Endowment|||
|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|Total funds|Total funds|
||||||2023|2023|2023|2023|2022|
||||||P.||F||F|
|Income and endowments||||from:||||||
|Donations|and legacies|||||||||
|Donations|and admissions||||13,223|||13,223|12,245|
|Grant income (unrestricted)|||||1,850|||1,850|4,000|
||||||15,073|||15,073|16,245|
|Charitable|activities|||||||||
|Sale of educational|||materials||22,570|||22,570|14,707|
|Grant income (restricted)||||||11,968||11,968|15,281|
||||||22,570|11,968||34,538|29,988|
|Other trading
activities||||||||||
|Fundraising
Cafe sales
Room hire|events||||10,846
7,557
1,436|||10,846
7,557
1,436|7,674
3,625
544|
||||||19,839|||19,839|11,843|
|Investments||||||||||
|Dividends|received||on COIF|||||||
|investment|||||||434|434|411|
|Deposit account interest|||||999|||999|1,532|
||||||999||434|1,433|1,943|
|Other||||||||||
|Feed in Tariff|||||2,230|||2,230|1,238|
||||||2,230|||2,230|1,238|
|Total income and endowments|||||60,711|11,968|434|73,113|61,257|
|Expenditure|on:|||||||||
|Costs of other trading|||activities|||||||
|Fundraising
Cafe sales|events||||2,080
3,701|||2,080
3,701|1,876
2,217|
|Room hire|||||1,709|||1,709|3,362|
||||||7,490|||7,490|7,455|
|Total of expenditure
funds|||on raising||7,490|||7,490|7,455|
|Charitable
activities||||||||||
|Sale of educational
materials
Grant income (restricted)|||||13,969|12,608||13,969
12,608|7,774
42,820|
||||||13,969|12,608||26,577|50,594|
|Governance|costs|||||||||
|Accountancy|||||1,230|||1,230|1,225|
||||||1,230|||1,230|1,225|
##
|Total of expenditure
on
activities|charitable|15,199|12,608||27,807|51,819|
|---|---|---|---|---|---|---|
|Employee costs|||||||
|Salaries/wages||38,810|||38,810|11,085|
|Pension costs||874|||874|706|
|||39,684|||39,684|11,791|
|Travel and subsistence||||||180|
|||||||I80|
|Premises costs|||||||
|Rates||271|||271|67|
|Light, heat and power||3,519|||3,519|3,358|
|Premises cleaning||409|||409|316|
|Premises insurances||1,422|||1,422|1,244|
|Premises repairs and
maintenance||6,002|||6,002|2,268|
|Other premises costs||222|||222|792|
|||11,845|||11,845|8,045|
|General administrative|costs,||||||
|including
depreciation|and||||||
|amortisation|||||||
|Depreciation
of land and
buildings|||29,418||29,418|29,418|
|Depreciation
of Fixtures, fittings||566|||566|1,313|
|and equipment|||||||
|Bank charges||506|||506|752|
|Postage and couriers||58|||58|139|
|Software,
ITsupport
and related
costs||1,124|||1,124|775|
|Stationery
and printing||149|||149|280|
|Subscriptions||384|||384|590|
|Telephone,
fax and broadband||657|||657|840|
|||3,444|29,418||32,862|34,107|
|Total of expenditure
of|other costs|54,973|29,418||84,391|54,123|
|Total expenditure||77,662|42,026||119,688|113,397|
|Net gains on investments||||(670)|(670)|1,219|
|Net expenditure||(16,951)|(30,058)|(236)|(47,245)|(50,921)|
|Transfers
between
funds||7,616|(7,183)|(433)|||
|Net expenditure
before
gains/(losses)|other|(9,335)|(37,241)|(669)|(47,245)|(50,921)|
|Other Gains|||||||
|Net movement
in funds||(9,335)|(37,241)|(669)|(47,245)|(50,921)|
|Reconciliation
of funds:|||||||
|Total funds brought
forward||175,126|1,225,343|15,00 I|1,415,470|1,466,391|
|Total funds carried forward||165,791|1,188,102|14,332|1,368,225|1,415,470|