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2022-03-31-accounts

~pa e
Report ofthe Trustees 3-14
Report ofthe Independent Auditors 15-17
Statement of Financial Activities 18
Statement of Comprehensive income 19
Balance Sheet 20
Cash Flow Statement 21
Notes tothe Cash Flow Statement 22
Notes tothe Financial Statements 23-40

Scope Description 2022 2021 2020
Scope 1 Combustion
offuel on		 427tC02e
tC02e/firn		 332tC02e 587tC02e
site and transportation
Scope 2 Purchased energy— 132tC02e 103tC02e 207tC02e
location based
Purchased energy- 35tC02e 93tC02e 231tc028
rnarket based
Intensity Ratio Location Based 53.9 45.9tC02e/f1m 66.5tC02e/f 1m
turnover turnover turnover
Market Based 45.3 tC02e/f 1m 44.9tC02e/6 im 68.5tC02e/f 1m
turnover turnover turnover

Statement ofFinancial Activities
(Incorporating
an Income and Expenditure		 Account)
forthe year ended 31March 2022
2022 2021
Unrestricted Restricted Endowment Total Total
Note funds
f		 funds
E		 funds
f		 funds
f		 funds
6
INCOME AND ENDOWMENTS
FROM
Donations
and legacies
Charitable
activities
Other trading activities
Investment
income		 242,812
4,495,036
88,973
35,514		 248,320
6,227,094		 9,756 491,132
10,722,130
88,973
45,270		 2,525,314
6,832,061
166,022
37,555
TOTAL INCOME AND
ENDOWMENTS		 4,862,335 6,475,414 9,756 11,347,505 9,560,952
EXPENDITURE ON
Raising funds
Charitable
activities		 6
7		 (40,613)
(4,914,041)		 (3,694,179) (40,613)
(8,608,220)		 (48,137)
(6,803,796)
TOTAL EXPENDITURE (4,954,654) (3,694,179) (8,648,833) (6,851,933)
Other gains and losses
Net gains on investments 244,388 19,380 263,768 783,021
Net Income 152,069 2,781,235 29,136 2,962,440 3,492,040

2022 2021
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Net Income
Revaluation
offreehold properties
Transfers between
funds		 22 6
152,069
(59,205)
9,703		 6
2,781,235		 6
29,136
(9,703)		 6
2,962,440
(59,205)		 6
3,492,040
Net movement
in funds		 ,», 9 9.».90 .»5 .
.0 0
RECONCILIATION
OF FUNDS
Total funds brought forward
Net movement
in funds		 21,582,490
102,567		 2,709,884
2,781,235		 267,474
19,433		 24,559,848
2,903,235		 21,067,808
3,492,040
11
09		 1,99, 5.491,119 286,907 27,463,083 24,559,848
CONTINUING
OPERATIONS
All income and expenditure has arisen from continuing
activities

2022 2021
Unrestricted Restricted Endowment Total Total
Note funds
f		 funds
f		 funds
f		 funds
f		 funds
f
FIXEDASSETS
Intangible
assets
Tangible assets
Investments		 13
14
15		 60,984
14,953,499
3,836,157		 5,383,079 286,907 60,984
20,336,578
4,123,064		 32,049
17,526,768
3,863,825
18,850,640 5,383,079 286,907 24,520,626 21,422,642
CURRENTASSETS
Stocks
Debtors
Cash at bank		 16
17		 63,617
1,295,279
4,074,115		 108,040 63,617
1,295,279
4,182,155		 23,483
513,005
4,036,497
5,433,011 108,040 5,541,051 4,572,985
CREDITORS
Amounts
falling due		 within one 19 (2,598,594) (2,598,594) (1,435,779)
year
NET CURRENT ASSETS 2,834,417 108,040 2,942,457 3,137,206
TOTAL ASSETS LESS CURRENT
LIABILITIES 21,685,057 5,491,119 286,907 27,463,083 24,559,848
NET ASSETS 21,685,057 5,491,119 286,907 27,463,083 24,559,848
FUNDS 22
Unrestricted
funds
Restricted funds:		 21,685,057 21,582,490
John and Rhys James Fund
John and Ceridwen
Medal
Grants		 16,800
5,240
86,000		 16,800
5,240
Capital Fund 5,383,079 2,687,844
Endowment
funds		 5,491,119
286,907		 2,709,884
267,474
TOTALFUNDS 27,463,083 24,559,848

Cash flows from operating
activities:		 Cash flows from operating
activities:		 Notes 2022
f		 2021
6
Cash generated
from operations		 3,210,581 4,104,475
Cash flows from investing activities:
Purchase of intangible
assets
Purchase oftangible fixed assets
Purchase offixed asset investments
Saleoffixed asset investments
Interest received		 (45,337)
(3,033,871)
(59,965)
64,494		 (32,213)
(2,128,928)
(239,800)
243,592
700
Net cash used in investing
activities		 (3,074,679) (2,156,649)
Cash flows from financing
activltiesi
Income attributable
to endowment		 9,756 8,727
Net cash provided
by financing activities		 9,756 8,727
Change in cash and cash equivalents in the reporting
period
Cash and cash equivalents
atthe beginning ofthe		 145,658 1,956,553
reporting
period		 4,036,497 2,079,944
Cash and cash equivalents
at the end		 ofthe reporting
period 4,182,155 4,036,497

RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES		 RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES		 RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2022 2021
Net income for the reporting
Adjustments
for:		 period (as per the statement offinancial activities) E
2,962,440		 6
3,492,040
Arnortisation
charges
Depreciation
charges
(Gain)/losses
on investments
Loss on disposal offixed assets
Interest received		 16,402
164,856
(263,768)		 164
136,689
(783,021)
5,160
Income attributable
to endowment
Decrease/(increase)
in current investments
(Increase)/decrease
in stocks
(Increase)/decrease
in debtors
Increase
in creditors		 (9,756)
(40,134)
(782,274)
1,162,815		 (700)
(8,727)
896,943
7,158
265,854
92,915
Net cash provided
by operating		 activities 3,210,581 4,104,475
2. ANALYSIS OF CASH AND CASH EQUIVALENTS
2022 2021
Cash in hand and at bank E
4,182,155		 E
4,036,497
Total cash and cash equivalents 4 182,155 4036497

Depreciation is provided at the following is provided at the following annual rates in order to write offeach asset over its estimated useful life.
Long Leasehold Property Straight line over the term ofthe lease
Plant and machinery 4% - 25%on cost and 5%on reducing
balance
Motor vehicles 25%on reducing
balance
Buildings Straight line over 50years on the difference between cost/ valuation
and the expected realisable
value after 50years

2022 2021
General Grants
Donations
Legacies		 E
248,319
61,808
181,005		 f
1,910,817
566,470
48,027
491,132 2,525,314

OTHER TRADI NG ACTIVITIES
2022 2021
Miscellaneous income E
88,973		 f
166,022
88,973 166,022

INVESTMENT INCOME
2022 2021
Investment
porffolio income
Deposit account interest		 f
45,270		 E
36,855
700
45,270 37,555
Investment
income has been		 recognised
when received.
INCOME FROM CHARITABLE ACTIVITIES
2022 2021
Grants
Charitable
activities
Charitable
activities
Charitable
activities
Charitable
activities
Charitable
activities
Charitable
activities
Charitable
activities
Charitable
activities
Charitable
activities		 Activity
Grants - Supporting
charitable
activities
Llangrannog
and Pentre Ifan residential
Gian Llyn residential
centre
Cardiff residential
centre
Sports department
Apprenticeship
department
Eisteddfod festival and department
Magazines
Youth and Community
department
Subscriptions
and membership		 centre 6
6,217,094
1,078,296
789,796
1,344,268
309,476
430,045
250,290
78
68,126
234,661		 f
5,960,281
126,469
142,957
3,146
72,600
299,254
153,000
4,743
1,679
67,932
.» . 3D .83,

Grants received, included
in the above, are as follows:
2022 2021
Welsh Government-
Eisteddfod
Grants
Welsh Local Government
Association
—Eisteddfod
Grants
Welsh Government-
Promote the Use ofthe Welsh Language
Welsh Government
-Grant Scheme for National
Voluntary
Youth
Welsh Government
-Cymraeg
Pob Dydd Project
Welsh Government
-Additional
Revenue and Resilience Grants
Welsh Government-
International
Welsh Government
—Other Projects
Welsh Books Council
Local Organisations
and Authorities
Sports Grants
Promoting
Apprenticeships
Scheme
Welsh Government
& National
Lottery - Capital Grants
UK Community
Regeneration
Fund
Garfield Weston Foundation-Capital
Grant
Pdnce's Trust —Capital Grant
Sports Wales —Capital Grant
Ioseph Rowntree Grant
Other Grants		 Organisations E
150,000
142,200
1,068,384
135,764
193,940
34,000
705,130
799,280
100,000
2,228,566
150,753
150,000
250,000
66,669
42,408		 E
150,000
139,400
702,184
132,101
138,200
1,810,123
15,000
7,000
40,200
359,099
413,934
157,500
1,861,890
33,650
6,217,094 5,960,281

2022 2021
Staff costs
Sundry costs		 6
36,084
4,529		 f
13,851
34,286
40,613 48,137
CHARITABLE ACTIVITIES COSTS
Direct costs Support costs Totals
(Seenote 8)
Llangrannog
and Pentre Ifan residential
Glen Llyn residential
centre
Cardiff residential
centre
Sports department
Apprenticeship
department
Eisteddfod festival and department
Magazines
Youth and community
costs		 centre E
1,890,475
1,305,664
856,016
1,324,589
698,760
410,539
51,984
1,093,906		 6
149,521
129,934
98,487
172,603
198,018
40,775
8,233
178,716		 E
2,039,996
1,435,598
954,503
1,497,192
896,778
451,314
60,217
1,272,622
7,631,933 976,287 8,608,220

Governance
Management Finance costs Totals
Wages
Social security
Pensions
Repairs and renewals
Professional fees
Auditors'
remuneration
Bank charges		 E
686,347
82,131
40,037
14,413		 E
18,382		 E
61,164
7,391
3,670
54,752
8,000		 6
747,511
89,522
43,707
14,413
54,752
8,000
18,382
822,928 18,382 134,977 976,287
NET INCOME
Net income
is stated after charging:
2022 2021
Auditors'
remuneration
Auditors'
remuneration
—non audit
Amortisation
Depreciation
—owned assets
Rent
Loss on disposal offixed asset		 6
9,500
8,500
16,402
164,856
75,615		 f
8,000
164
139,689
73,605
5,160

2022 2021
Wages and salaries
Social security costs
Other pension costs		 f
4,455,653
368,564
221,141		 f
4,696,236
332,247
223,141
5,045,358 5,251,624
The average
monthly		 number ofemployees during the year was asfollows:
Charitable
activities
Cost ofgenerating
funds
Administration
and management		 2022
206
1
8		 2021
237
1
10
215 248

2022 2021
Gross salary
Employer's		 national insurance E
466,380
54,291		 E
510,772
57,690
520,671 568,462

2021
Unrestricted Restricted Endowment Total
funds funds funds funds
Note 6 6 f 6
INCOME AND ENDOWMENTS
FROM
Donations
and legacies
Charitable
activities		 614,497 1,910,817 2,525,314
Grants —Supporting
charitable
activities
Llangrannog
and Pentre
Ifan		 1,663,000 4,297,281 5,960,281
residential
centre
Gian Llyn residential
centre
Cardiff residential
centre
Sports department
Apprenticeship
department
Eisteddfod festival and department
Magazines
Youth and Community
department
Subscriptions
and membership		 126,469
142,957
3,146
72,600
299,254
143,000
4,743
1,679
67,932		 10,000 126,469
142,957
3,146
72,600
299,254
153,000
4,743
1,679
67,932
Other trading activities
Investment
income		 166,022
28,828		 8,727 166,022
37,555
Total 3,334,127 6,218,098 8,727 9,560,952
EXPENDITURE ON
Raising funds
Charitable
activities		 48,137 48,137
Llangrannog
and Pentre Ifan
residentialcentre
Gian Llyn residential
centre
Cardiff residential
centre
Sports department
Apprenticeship
department
Eisteddfod festival and department
Magazines
Youth and community
costs		 854,445
614,749
194,304
21,490
332,637
39,766
26,215
280,982		 695,234
487,729
86,038
809,429
280,686
712,974
68,085
1,299,033		 1,549,679
1,102,478
280,342
830,919
613,323
752,740
94,300
1,580,015
Total 1,658,251 1,778,890 54,899 3,492,040
Net gains/(losses)
on investments		 736,849 46,172 783,021
NET INCOME/(EXPENDITURE) 1,658,251 1778890 54,899 3,492,040
Transfers between funds 22 8,674 (8,674)
Net movement
in funds		 1,666,925 1,778,890 46,225 3,492,040
RECONCILIATION
OF FUNDS
Total funds brought forward 19,915,565 930,994 221,249 21,067,808
TOTAL FUNDS CARRIED FORWARD 21,582,490 2,709,884 267,474 24,559,848

Computer
Software Totals
6
COST
At 1April 2021
Additions		 32,213
45,337		 32,213
45,337
At 31March 2022 77,550 77,550
ACCUMULATED
AMORTISATION
At 1April 2021
Charge forthe year		 164
16,402		 164
16,402
At31March 2022 16,566 16,566
NET BOOK VALUE
At 31March 2022 60. ,98
At 31March 2021 32,049 32,049

FIXEOASSETINVESTMENTS
Listed Investment
investments Property Totals
MARKET VALUE E E E
At 1April 2021
Additions
Disposals
Net movement ofcash holding within
Revaluations		 investment 3,513,825
59,965
(39,327)
(25,167)
263,768		 350,000 3,863,825
59,965
(39,327)
(25,167)
263,768
At 31March 2022 3,773,064 350,000 4,123,064
NET BOOK VALUE
At 31March 2022 3,773,064 350,000 4,123,064
At 31March 2021 3,513,825 350,000 3,863,825

Analysis ofinvestments:
2022 2021
Cash or cash equivalents
Listed investments		 E
28,645
3,744,419		 f
53,809
3,460,016
3773064 3,513,825
The costofthe investments is as follows:
2022 2021
Historical cost of investments as at 31March E
1,326,799		 f
1,326,799
STOCKS
2022 2021
Stocks E
63,617		 E
23,483

DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
Trade debtors
Other debtors
Accrued income
Prepayments		 6
778,824
36,953
128,000
351,502		 f
142,391
107,683
262,931
1,295,279 513,005
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
Other loans (see note 21)
Trade creditors		 6
28,255		 6
20,020
Social security and other
Other creditors
Deferred income
Accrued expenses
Payments
in advance		 taxes 670,583
214,367
66,873
1,220,878
164,171
233,467		 216,252
129,071
63,418
789,639
110,848
106,531
2,598,594 1,435,779
LOANS
n analysis ofthe maturity ofloans is given below:
2022 2021
mounts
falling due within one year on demand:		 6 f
therloans
28,255 20,020
28255 20020

2022 2021
E
Within one year 5,831 6,394
Between one and five years 3,928 9,759
9,759 16,153
The future operating lease commitments are not included in the financial statements.
MOVEMENT IN FUNDS
Revaluation of
freehold Transfers At 31/3/22
At 1/4/21
f		 Net income
E		 properties
6		 between funds
E
Unrestricted
funds
General fund 21,582,490 152,069 (59,205) 9,703 21,685,057
Restricted funds
John and Rhys James Fund 16,800 16,800
John and Ceridwen Medal 5,240 5,240
Grants 86,000 86,000
Capital Fund 2,687,844 2,695,235 5,383,079
2,709,884 2,781,235 5,491,119
Endowment
funds
County Cup Fund 137,587 17,141 (4,700) 150,028
Corwen Home Fund 4,477 554 (228) 4,803
Art and Craft Fund 2,989 370 (152) 3,207
Glesni Evans Fund 3,416 423 (174) 3,665
Olwen Griffiths
Fund		 13,290 1,747 (397) 14,640
Ethleen Thomas
Fund		 1,796 142 (52) 1,886
Olwen
Phillips / Pam		 Weaver
Fund 4,816 640 (151) 5,305
Sim Davies Fund 17,445 1,358 (504) 18,299
Rhian Criddle Fund 2,109 53 2,162
Sharon Bonds Fund 1,058 (54) (21) 983
Pendyrus
Fund		 16,008 1,531 (618) 16,921
Dr D Davies Fund 62,483 5,284 (2,759) 65,008
267,474 29,136 (9,703) 286,907
TOTALFUNDS 24,559,848 2,962,440 (59,205) 27,463,083

incoming Resources Movement
in
resources expended Gains and funds
losses
E
Unrestricted
funds
General fund 4,862,335 (4,954,654) 244,388 152,069
Restricted funds
John and Rhys James Fund 10,000 (10,000)
Sports projects 799,280 (721,280) 78,000
Apprenticeship
Projects		 100,000 (100,000)
Local Councils / Institutions
Welsh Government		 Grants 847,330
1,548,088		 (839,330)
(1,548,088)		 8,000
Welsh Books Council 34,000 (34,000)
UK Community
Recovery Fund		 150,753 (150,753)
Other Grants 42,409 (42,409)
UK Government
Job Retention		 Scheme 248,319 (248,319)
Capital Fund 2,695,235 2,695,235
6,475,414 (3,694,179) 2,781,235
Endowment
funds
County Cup Fund
Corwen
Home Fund		 4,700
228		 12,441
326		 17,141
554
Art and Craft Fund 152 218 370
Glesni Evans Fund 174 249 423
Olwen Griffiths
Fund
Ethleen Thomas
Fund		 397
52		 1,350
90		 1,747
142
Olwen Phillips/
Pam Weaver		 Fund 151 489 640
Sim Davies Fund
Rhian Criddle Fund		 504 854 1,358
Sharon Bonds Fund
Pendyrus
Fund
Dr D Davies Fund		 21
618
2,759		 (75)
913
2,525		 (54)
1,531
5,284
9,756 19,380 29,136
TOTAL FUNDS .832 .
8		 . 62.
8

Net movement Transfers
At 1/4/20 in funds between funds At 31/3/21
Unrestricted
funds		 E E E E
General fund 19,915,565 1,658,251 8,674 21,582,490
Restricted funds
John and Rhys James Fund
John and Ceridwen
Medal
Apprentices
Projects
Welsh Government		 6,800
5,240
45,000
48,000		 10,000
(45,000)
(48,000)		 16,800
5,240
Capital
Fund		 825,954 1,861,890 2,687,844
930,994 1,778,890 2,709,884
Endowment
funds
County Cup Fund
Corwen Home Fund
Art and Craft Fund
Glesni Evans Fund
Dlwen Griffiths Fund
Ethleen Thomas Fund
Olwen Phillips/
Pam Weaver Fund
Sim Davies Fund
Rhian Criddle Fund
Sharon Bonds Fund
Pendyrus
Fund
Dr D Davies Fund		 109,841
3,635
2,426
2,773
11,036
1,591
3,999
15,481
2,056
1,076
13,652
53,683		 31,787
1,038
694
793
2,643
259
993
2,495
(18)
2,905
11,310		 (4,041)
(196)
(131)
(150)
(389)
(54)
(176)
(531)
53
(549)
~2,510)		 137,587
4,477
2,989
3,416
13,290
1,796
4,816
17,445
2,109
1,058
16,008
62,483
221,249 54,899 (8,674) 267,474
TOTAL FUNDS 21,067,808 3,492,040 24,559,848

Incoming Resources Movement
in
resources expended Gains and funds
losses
E
Unrestricted
funds
General fund 3,334,127 (2,412,725) 736,849 1,658,251
Restricted funds
John and Rhys James Fund
Sports Projects		 10,000
413,934		 (413,934) 10,000
Apprentices
Projects
Local Councils / Institutions		 Grants 157,500
498,499		 (202,500)
(498,499)		 (45,000)
Welsh Government
Welsh Books Council
Other Grants		 1,291,608
40,200
33,650		 (1,339,608)
(40,200)
(33,650)		 (48,000)
UK Government
Job Retention
Capital Fund		 Scheme 1,910,817
1,861,890		 (1,910,817) 1,861,890
6,218,098 (4,439,208) 1,778,890
Endowment
funds
County Cup Fund
Corwen Home Fund
Art and Craft Fund
Glesni Evans Fund		 4,041
196
131
150		 27,746
842
563
643		 31,787
1,038
694
793
Olwen Griffiths
Fund
Ethleen Thomas Fund		 389
54		 2,254
205		 2,643
259
Olwen Phillips/
Pam Weaver		 Fund 176 817 993
Sim Davies Fund
Rhian Criddle Fund		 531 1,964 2,495
Sharon Bonds Fund
Pendyrus
Fund
Dr D Davies Fund		 549
2,510		 (18)
2,356
8,800		 (18)
2,905
11,310
8,727 46,172 54,899
TOTALFUNDS 9,560,952 (6.851.933) 83,02 3.492,040

Buildings &equipment fund This fund represents
capital grants received towards charity premises and
equipment.
Each year, the grants are released tothe general fund,
by way of a
transfer,
in equal annual
instalments
according tothe rate ofdepreciation
where appropff ate. This fund was transferred
to General Unrestricted
funds at
31stMarch 2022 as it was considered that restrictions
no longer apply
in
respect ofthese reserves.
John &Ceridwen
Hughes
Medal
Sports projects		 A gift was received to be used to create and present a special annual
award for
the outstanding
work in the youth work sector.
These projects have been financed
by Sport Wales and the Welsh Government.
John & Rhys James Fund
Cymraeg Pob Dydd Project		 The money has been used to purchase
equipment
and appoint sports officers,
including
staging Gemau Cymru annually.
An annual
gift is received from the Pantyfedwen
Trust and allocated to County
Committees
and to the Surrounding
Areas to promote local Urdd Eisteddfodau.
A project which extends the use ofWelsh as a second language
outside the
classroom
in English-medium
schools.
Youth Officers Various projects which focus on informal
learning/extracurricular
interests
Youth Theatre outside school hours, to ensure the social use ofWelsh.
The company offers opportunities
to the youth ofWales, between 14and 20
years ofage, to perform
in a musical production,
partly funded
by the Arts
Council ofWales. Although
the theatre was not run during the reporting
period,
it will re-commence
in 2022/23.
Local Councils/Institutions
Welsh Government		 Grants Support
in funding core regional work and joint projects with other institutions.
The main grant in supporting
the core work ofthe Urdd, to enable us to fulfil
Welsh Books Council
Promoting
Apprenticeships
Scheme
UK Community
Recovery Fund
UK Government
Job Retention
Scheme		 targets
in strategic areas promoting
Welsh to children
and young people.
Support
in funding the publication
of magazines
Support
in funding the costs ofproviding
training to apprentices
through the
medium
ofWelsh
in Sports, open air activities and childcare
Support for train outdoor training
instructors
in 6wynedd,
as well as capital
work to develop a campsite atthe Gian Llyn residential
centre.
Support
in funding forthe costs offurloughed
employees.
Capital Fund This represents
grant
funding for capital projects which remain under restriction
asatthe balance sheet date.

2022 2021
Contracted but not provided for in the financial statements E
606,771		 f
2,929,657

2022 2021
6 E
Financial assets that are debt instruments measured at amortised cost
Fixed asset investments 4,123,064 3,863,825
Trade debtors 778,824 142,391
Otherdebtors 36,953 107,683
Cash at bank 4,182,155 4,036,497
Financial assets that are debt instruments measured at amortised cost
Otherloans (28,255) (20,020)
Trade creditors (670,583) (216,252)
Other creditors (66,873) (63,418)
Deferred income (1,220,878) (789,639)
Accrued expenses (164,171) (110,848)
Payments
in advance		 (233,467) (106,531)