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2023-03-31-accounts

Page
Trustees'
Report
1-30
Independent
Auditor's
Report 31-33
Statement of Financial Activities 34
Balance Sheet 35
Statement
ofCash Flows
36
Notes to the Financial Statements 37-SO

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Total Total
Unrestricted Restdicted funds funds
Note funds funds 2023 2022
E E E f
Income and endowments from:
Donations
and legacies
278 278 43
Charitable
activities
657,264 882 658,146 411,232
Investments 13,537 13,537 9,816
Other income 623 623 1,064
Total income and endowments 671,702 882 672,584 422,155
Expenditure
on:
Raising funds 16,576 16,576 18,617
Charitable
activities
598p223 882 599,105 572,832
Total expenditure 614,799 882 615,681 591,449
Net gains/(losses)
on investments
16 (20,760) (20,760) 23,331
Net income/(expenditure) 7 36,143 36,143 (145,963)
Reconciliation ofFunds
Total funds brought forward 16,17 866,642 866,642 1,012,605
Totalfunds carried forward 18,19 902,785 902,785 866,642
2023 2022
Note E
Fixed assets:
Tangible assets 10 121,629 130,133
Investments 11 365,990 387,733
487,619 517,866
Current assets:
Stocks 12 10,530 17,581
Debtors 13 867,022 491,496
Cash at bank and in hand 514,984 571,561
1,392,536 1,080,638
Liabilities:
Creditors: Amounts falling due within one
year 14 (977,370) (731,862)
Net current assets 415,166 348,776
Net assets 902,785 866,642
The funds of the chadty:
Unrestricted income funds
Designated funds 16 135,365 153,768
General funds 16 767,420 712,874
902,785 866,642
Total charity funds 902,785 866,642
Note 2023 2022
f 6
Net cash provided
by/(used
in) operating activities 20 (62,423) (8,524)
Cash flows from investing acHvitiesr
Dividends,
interest and rents from investments
13,537 9,816
Purchase of property
plant
and equipment (8,674) (49,077)
Proceeds from sale ofinvestments 332,239 33,951
Purchase of investments (331,256) (27,652)
Net cash provided
by/(used
in) investing activities 5,846 (32,962)
Change in cash and cash equivalents
in the
reporting period (56,577) (41,486)
Cash and cash equivalents at the beginning ofthe reporting
period 571,561 613,047
Cash and cash equivalents at the end of the reporting period 20 514,984 571,561

2023 2022
Adult Support &Training 5% 5%
Development
ofScouting
22% 22%
Youth Programme &Activities 24% 24%
Support &Services to Scouting in Wales 22% 22%
Mountain
Training
& Residential Centres 1% 1%
2023 2022
Adult Support
&Training
20% 20%
Development
ofScouting
15% 15%
Youth Programme
&Activities
5% 5%
Support &Services to Scouting in Wales 60% 60%

Total Total
Unrestricted Restricted funds funds
funds funds 2023 2022
f f f f
Area Census fees 426,241 426,241 335,031
Activity Teams & Mountain
Training/Residential Centres 77,466 77,466 42,777
Welsh Government Strategic
Voluntary Youth Work
Qrganisations Grant 62,084 62,084
Other Grants 5,500 882 6,382 12,534
Merchandise (scarves/badges etc.) 15,131 15,131 16,142
Youth Programme &Activities 70,842 70,842 4,748
657,264 882 658,146 411,232

Total Total
Unrestricted Restricted funds funds
funds funds 2023 2022
E f
Income from listed investments 12,165 12,165 9,705
Interest receivable 1,372 1,372 111
13,537 13,537 9,816
. EXPENDITURE ON RAISING FUNDS
Direct Support Other
staff staff support Depre- 2023 2022
costs
f
costsf costs Other
f
ciation
f
Total
f
Total
f
Fundraising
costs
10,758 3,097 13,855 15,769
Investment
management
2,721 2,721 2,848
10,758 3,097 2,721 16,576 18,617
. EXPENDITURE ON CHARITABLE ACTIVITIES
Direct Support Other Other
staff staff support Direct Depre- 2023 2022
costsf costs
f
costs
f
Costs
f
ciation
f
Total
f
Total
f
Adult support and
training 23,395 8,965 2,581 8,453 43,394 46,591
Development ofScouting 17,546 39,447 11,355 28,702 97,050 125,504
Youth Programme and
Activities 5,849 43,034 12,387 77,315 138,585 78,634
Support and services to
Scouting
in
Wales 70,184 39,447 11,355 24,801 145,787 162,346
Activity Teams &
Mountain
Training/
Residential Centres 1,793 516 94,694 17,178 114,181 99,356
Governance costs 35,861 10,322 13,925 60,108 60,401
116,974 168,547 48,516 247,890 17,178 599,105 572,832

5ubfund Total awarded Number ofInstitutions
E supported
New section fund 6,200 31
Inclusive Scouting fund
Capital &Equipment Fund 9,400
Adult Support fund 920
Small Grants fund
16,520

This is stat ed after charging:
2023 2022
E E
Depreciation
oftangible fixed assets
17,178 15,144
Auditors' remuneration 4,830 4,440
Operating lease costs 19,199 18,859

taff costs were as follows:
2023 2022
E E
Wages and salaries 257,484 295,783
Social security costs 19,838 22,794
Pension costs 16,206 17,894
293,528 336,471

2023 2022
No No
Management
and administration
Scouting Support Officers

Fixtures, Structural
Land and fittings and improve-
buildings equipment ments Total
E 6 E E
Cost
At 1April 2022 92,626 68,128 273,198 433,952
Additions 8,674 8p674
Transfers
At 31March 2023 92,626 76,802 273,198 442,626
Depreciation
At 1April 2022 41,218 64,975 197,626 303,819
Charge for the year 1,852 2,365 12,961 17,178
At 31March 2023 43,070 67,340 210,587 320,997
Net book value
At 31March 2023 49,556 9,462 62,611 121,629
At 31March 2022 51,408 3,153 75,572 130,133

11. FIXEDASSET INVESTMENT S
Collective
investment
funds
f
Market value at 1April 2022 387,733
Additions 331,256
Disposals (332,239)
Unrealised
gains/(losses)
(revaluations) (74,823)
Realised gains 54,063
Market Value at 31March 2023 365,990
Historic cost
At 31March 2023 367,333
At 31March 2022 313,842
Ofthe investments f19,497 (2022:6196,190)are held in overseas equity collective investment funds,
which are all traded on the London Stock Exchange. The investments portfolio includes the following
categories ofinvestments that individually account for more than SN ofthe totalinvestments atthe year-
end:
2023 2022
6 f
UK direct equities 39,709
UK invested
unit trusts
10,198 99,487
Other sterling fixed interest 65,492 53,073
European
equities
28,967
Asia Pacific equities 19,497 30,077
Globallnvestments 184,708
Absolute
Return Bond funds
27,311
USA equities 124,294
12. STOCKS
2023 2022
Finished goods and goods for resale 10,530 17,581

2023 2022
f
Trade debtors 634,085 439,076
Prepayments and accrued income 232,937 52,420
867,022 491,496

EDITORS
2023 2022
6 6
Due within one year:
Trade creditors 2,875 10,388
Other creditors 23,675 17,603
Accruals and deferred income 950,820 703,871
977,370 731,862
2023 2022
6
Deferred income
Balance at 1"April 2022 680,906 78,789
Released to income (641,906) (78,789)
Deferred income received in the year 898,683 680,906
Balance as at 31"March 2023 937,683 680,906

Land and buildings buildings Other
2023 2022 2023 2022
f f f
Expiry date:
Within one year 17,903 17,903 1,296 956
Within 2-5 years 3,237 21,140 2,813 347
21,140 39,043 4,109 1,303
16. UNRESTRICTED FUNDS
At 31
At 1April Gains/ March
2022 Income Expenditure Transfers (losses) 2023
f f f f f f
Designated funds
ScoutsCymru
Grants Fund 129,507 (16,520) (1,543) 111,444
Activities
fund
24,261 (340) 23,921
153,768 (16,520) (1,883) 135,365
General funds
ScoutsCymru 524,149 594,236 (486,407) (2,760) (20,760) 608,458
SWAT 11,476 15,414 (24,189) 3,100 5,801
Cornel Scout
Centre 102,829 19,004 (27,671) 94,162
yr Hafod Training
Centre 73,287 40,914 (55,143) 59,058
BushScout Cymru 1,133 2,134 (4,869) 1,543 (59)
712,874 671,702 (598,279) 1,883 (20,760) 767,420
Total funds 866,642 671,702 (614,799) (20,760) 902,785

~Prior
eor
At 31
At 1April Gains/ March
2021 Income Expenditure Transfers (losses) 2022
f f f f f
Designated funds
ScoutsCymru
Grants
Fund
346,914 (31,650) (185,757) 129,507
Activities fund 24,981 (720) 24,261
371,895 (31,650) (186,477) 153,768
General funds
ScoutsCymru 398,035 366,842 (450,536) 186,477 23,331 524,149
SWAT 2,200 20,143 (10,867) 11,476
Cornel Scout
Centre 127,113 6,606 (30,890) 102,829
yr Hafod Training
Centre 113,362 14,436 (54,511) 73,287
Bush5cout
Cymru
1,594 (461) 1133
640,710 409,621 (547,265) 186,477 23,331 712,874
Total funds 1,012,605 409,621 (578,915) 23,331 866,642
RESTRICTED FUNDS
At 31
At 1April Gains/ March
2022
f
Income Expenditure
f
Transfersf (losses)
f
2023
f
Restricted funds
Mission To Seafarers 882 (882)
882 (8821

At 31
At 1April Gains/ March
2021 Income Expenditure Transfers (losses) 2022
f f f f f f
Restricted funds
Mission To Seafarers 4,970 (4,970)
Owp xickstarter
Grant 7,564 (7,564)
12,534 (12,534)

At 31
At 1April Gains/ March
2022 Income Expenditure Transfer (losses) 2023
f f f f F. f
Designated funds 153,768 (16,520) (1,883) 135,365
General funds 712,874 671,702 (598,279) 1,883 (20,760) 767,420
866,642 671,702 (614,799) (20,760) 902,785
Restricted funds 882 (882)
866,642 672,584 (615,681) (20,760) 902,785
~Prior eor
At 31
At 1April Gains/ March
2021 Income Expenditure Transfer (losses) 2022
f f f f f f
Designated funds 371,895 (31,650) (186,477) 153,768
General funds 640,710 409,621 (547,265) 186,477 23331 712,874
1,012,605 409,621 (578,915) 23,331 866,642
Restricted funds 12,534 (12,534)
1,012,605 422,155 (591,449) 23,331 866,642

Total Total
Unrestricted Restricted funds funds
funds funds 2023 2022
E 6
Tangible fixed assets 121,629 121,629 130,133
Fixed asset investments 365,990 365,990 387,733
Current assets 1,392,536 1,392,536 1,080,638
Creditors due within one year (977,370) (977,370) (731,862)
902,785 902,785 866,642

2023 2022
E E
Net income/(expenditure)
for the reporting
period (as per the
Statement ofFinancial Activities) 36,143 (145,962)
Adjustments
for:
Depreciation
charges
17,178 15,144
(Gains)/losses
on investments
20,760 (23,331)
Dividends,
interest and rents
from investments (13,537) (9,816)
(Increase)/decrease in stocks 7,051 4,312
(Increase)/decrease in debtors (375,526) (485,203)
Increase/(decrease) in creditors 245,508 636,332
Net cash provided
by/(used
in) operating activities (62,423) (8,524)
Anal
sis ofCash and
Cash E uivalents
Cash at bank and in hand 514,984 571,561
Total Cash and Cash Equivalents 514,984 571,561

Total
Unrestricted Restricted funds
Note funds funds 2022
E E f
Income and endowments from:
Donations
and legacies
43 43
Charitable
activities
398,698 12,534 411,232
Investments 9,816 9,816
Other income 1,064 1,064
Total income and endowments 409,621 12,534 422,155
Expenditure
on:
Raising funds 18,617 18,617
Charitable
activities
560,298 12,534 572,832
Total expenditure 578,915 12,534 591,449
Net gains/(lasses)
on investments
16 23,331 23331
Netincome/(expenditure) 7 (145,963) (145,963)
Reconciliation
ofFunds
Total funds brought forward 16,17 1,012,605 1,012,605
Totalfunds carried forward 18,19 866,642 866,642