| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | |
| Independent Examiner's |
Report | |||
| Statement of Financial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 8 | to | 13 | |
| Detailed Statement of Financial Activities | 14 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Notes | fundf | fundf | funds f |
fundsf | ||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
18,475 | 123,185 | 141,660 | 104,014 | ||
| Other trading activities |
8,223 | 8,223 | 3,960 | |||
| Investment income |
329 | 329 | 13 | |||
| Total | 27,027 | 123,185 | 150,212 | 107,987 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Provision ofservices | 22,813 | 114,461 | 137,274 | 133,605 | ||
| NET INCOME/(EXPENDITURE) | 4,214 | 8,724 | 12,938 | (25,618) | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
77,466 | 86,837 | 164,303 | 189,921 | ||
| TOTAL FUNDS CARRIED FORWARD | 81,680 | 95,561 | 177,241 | 164,303 |
| MIL | FORD YOUTH MATTERS | ||
|---|---|---|---|
| BALANCE SHEET | |||
| 31 MARCH 2023 | |||
| 2023 | 2022 | ||
| Notes | F | F | |
| FIXEDASSETS | |||
| Tangible assets | 2,251 | 2,394 | |
| CURRENT ASSETS | |||
| Cash at bank | 176,738 | 167,115 | |
| CREDITORS | |||
| Amounts falling due within one year |
(1,748) | (5,206) | |
| NET CURRENT ASSETS | 174,990 | 161,909 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 177,241 | 164,303 | |
| NET ASSETS | 177,241 | 164,303 | |
| FUNDS | |||
| Unrestricted funds |
81,680 | 77,466 | |
| Restricted funds |
95,561 | 86,837 | |
| TOTAL FUNDS | 177,241 | 164,303 |
| Grants receive | d, in |
clude | d in the above, are as follows: |
||
|---|---|---|---|---|---|
| 2023f | 2022f | ||||
| Milford Haven | Port Authority | 5,708 | 1,363 | ||
| Pembrokeshire | County | Council | 58,179 | 17,447 | |
| Big I ottery Fund |
44,171 | ||||
| Caring Community | Grant | 16,150 | |||
| PAVS | 17,358 | 9,000 | |||
| Street Games | 26,140 | 2,320 | |||
| Moondance Foundation |
20,000 | ||||
| CAVS | 1,000 | ||||
| MCA | 800 | ||||
| Milford Haven | Town | Council | 5,000 | ||
| Providence Training |
500 | ||||
| 127,885 | 97,251 | ||||
| OTHER TRADING | ACTIVITIES | ||||
| 2023f | 2022f | ||||
| Fundraising events |
3,018 | 3,960 | |||
| Pop up shop | 5,205 | ||||
| 8,223 | 3,960 | ||||
| INVESTMENT | INCOME | ||||
| 2023f | 2022f | ||||
| Deposit account interest | 329 | 13 |
| NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023 |
||||
|---|---|---|---|---|---|---|
| COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | ||||
| fundf | fundf | funds | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
10,197 | 93,817 | 104,014 | |||
| Other trading activities |
3,960 | 3,960 | ||||
| Investment income |
13 | 13 | ||||
| Total | 14,170 | 93,817 | 107,987 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Provision ofservices | 21,398 | 112,207 | 133,605 | |||
| NET INCOME/(EXPENDITURE) | (7,228) | (18,390) | (25,618) | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 84,694 | 105,227 | 189,921 | ||
| TOTAL FUNDS CARRIED FORWARD | 77,466 | 86,837 | 164,303 | |||
| 8. | TANGIBLE FIXED | ASSETS | ||||
| Fixtures | ||||||
| and | ||||||
| fittings f |
||||||
| COST | ||||||
| At 1 April 2022 | 5,421 | |||||
| Additions | 819 | |||||
| At 31 March 2023 | 6,240 | |||||
| DEPRECIATION | ||||||
| At 1 April 2022 | 3,027 | |||||
| Charge for year | 962 | |||||
| At 31 March 2023 | 3,989 | |||||
| NET BOOK VALUE | ||||||
| At 31 March 2023 | 2,251 | |||||
| At 31 March 2022 | 2,394 |
| 9. | CREDITORS: | AMOUNTS | AMOUNTS | AMOUNTS | FALLING DUE WITHIN | FALLING DUE WITHIN | ONE YEAR | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||||
| f | F | |||||||||
| Taxation and | social security | 3,657 | ||||||||
| Other creditors | 1,748 | 1,549 | ||||||||
| 1,748 | 5,206 | |||||||||
| 10. | ANALYSIS OF | NET ASSETS BETWEEN FUNDS | ||||||||
| 2023 | 2022 | |||||||||
| Unrestricted | Restricted | Total | Total | |||||||
| fund | fund | funds | funds | |||||||
| F | F | F. | ||||||||
| Fixed assets | 2,251 | 2,251 | 2,394 | |||||||
| Current assets | 81,177 | 95,561 | 176,738 | 167,115 | ||||||
| Current liabilities |
(1,748) | (1,748) | (5,206) | |||||||
| 81,680 | 95,561 | 177,241 | 164,303 | |||||||
| 11. | MOVEMENT | IN FUNDS | ||||||||
| Net | ||||||||||
| movement | At | |||||||||
| At 1.4.22 | in funds | 31.3.23 | ||||||||
| F | F. | |||||||||
| Unrestricted | funds | |||||||||
| General fund |
77,466 | 4,214 | 81,680 | |||||||
| Restricted funds | ||||||||||
| Restricted fund |
86,837 | 8,724 | 95,561 | |||||||
| TOTAL FUNDS | 164,303 | 12,938 | 177,241 | |||||||
| Net movement | in funds, | included | in the above are | as follows: | ||||||
| Incoming | Resources | Movement | ||||||||
| resources f |
expended F |
in funds F |
||||||||
| Unrestricted | funds | |||||||||
| General fund |
27,027 | (22,813) | 4,214 | |||||||
| Restricted funds | ||||||||||
| Restricted fund |
123,185 | (114,461) | 8,724 | |||||||
| TOTAL FUNDS | 150,212 | (137,274) | 12,938 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.4.21 | in funds | 31.3.22 | ||||
| F | E | |||||
| Unrestricted | funds | |||||
| General fund |
84,694 | (7,228) | 77,466 | |||
| Restricted funds | ||||||
| Restricted fund |
105,227 | (18,390) | 86,837 | |||
| TOTAL FUNDS | 189,921 | (25,618) | 164,303 | |||
| Comparative | net movement | in funds, | included | in the above are as follows: | ||
| Incoming | Resources | Movement | ||||
| resources f |
expended f |
in funds | ||||
| Unrestricted | funds | |||||
| General fund |
14,170 | (21,398) | (7,228) | |||
| Restricted funds | ||||||
| Restricted fund |
93,817 | (112,207) | (18,390) | |||
| TOTAL FUNDS | 107,987 | (133,605) | (25,618) |
| A curren | t | yea | r 12 months and prior year 12m |
onths combined position is as follows: |
||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.4.21 | in funds | 31.3.23 | ||||
| F | F | F | ||||
| Unrestricted | funds | |||||
| General | fund | 84,694 | (3,014) | 81,680 | ||
| Restricted | funds | |||||
| Restricted | fund | 105,227 | (9,666) | 95,561 | ||
| TOTAL | FUNDS | 189,921 | (12,680) | 177,241 |
| A current year 12 months and prior year 12 follows: |
months combined net movement in fun |
ds, included in th |
e above are |
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| F | E | ||
| Unrestricted funds |
|||
| General fund |
41,197 | (44,211) | (3,014) |
| Restricted funds | |||
| Restricted fund |
217,002 | (226,668) | (9,666) |
| TOTAL FUNDS | 258,199 | (270,879) | (12,680) |
| 2023f | 2022 F |
||
|---|---|---|---|
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 13,520 | 6,251 | |
| Grants | 127,885 | 97,251 | |
| Other income | 255 | 512 | |
| 141,660 | 104,014 | ||
| Other trading activities | |||
| Fundraising events |
3,018 | 3,960 | |
| Pop up shop | 5,205 | ||
| 8,223 | 3,960 | ||
| Investment income |
|||
| Deposit account interest | 329 | 13 | |
| Total incoming resources |
150,212 | 107,987 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Wages | 68,791 | 96,462 | |
| Pensions | 3,405 | 4,202 | |
| Insurance | 921 | 678 | |
| Sundries | 1,019 | 1,941 | |
| Website expenses | 200 | ||
| Travel and subsistence | 123 | 41 | |
| Uniforms and staff clothing |
234 | ||
| Projects and activity costs | 58,100 | 25,856 | |
| Fixtures and fittings | 962 | 1,003 | |
| 133,321 | 130,617 | ||
| Support costs | |||
| Management | |||
| Light and heat | 254 | ||
| Telephone | 1,087 | 863 | |
| Staff training and accreditations |
540 | ||
| Accountancy | 1,569 | 1,711 | |
| 3,450 | 2,574 | ||
| Governance costs |
|||
| Postage and stationery | 314 | 216 | |
| Repairs, maintenance | and minor equipment | 189 | 198 |
| 503 | 414 | ||
| Total resources expended | 137,274 | 133,605 | |
| Net income/(expenditure) | 12,938 | (25,618) |