|CONTENTS||PAGE| |---|---|---| |Trustees'
annual
report incorporating|the strategic report|| |Reference
and administrative
details||26| |Independent
auditor's
report||32| |Statement
offinancial
activities||35| |Balance sheet||36| |Statement
of Cash Flows||37| |Notes to the financial
statements||39| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |TRUSTEES|ANNUAL|ANNUAL|ANNUAL|REPORT|INCORPORATING|INCORPORATING|INCORPORATING|THE|STRATEGIC REPORT|| |---|---|---|---|---|---|---|---|---|---|---| |Year Ended|31||hllarch|2023||||||| |Reference||and administrative
details||||||||| |Charity
Number|||||701772|||||| |Company||Number|||2396224|||||| |Principal|gr|||||||||| |Registered|||Office||23 Cathedral||Road,||Cardiff, CF11 9HA|| |Auditors||||Azets|Audit Services||||Ty Derw, Lime Tree Court,|| ||||||||||Cardiff Gate Business Park,|| ||||||||||CF23 BAB|| |Bankers||||Barclays||Bank PLC|||Cardiff Business Centre,|1 — 5| ||||||||||St David's Way, St David's|| ||||||||||Centre, Cardiff, CF10 2DP|| |Solicitors||||Hugh||James|Solicitors||18/19 High Street, Cardiff,|| |||||(formerly||Loosemores)|||CF10 1PT|| |Investment||||Charities||Aid Foundation|||25 Kings
Hill Ave, Kings|Hill,| |Advisors|||||||||West Mailing,
ME19 4TA|| ## |

as the Trustees.|
|
|
|
||| |---|---|---|---|---|---|---| |The Trustees serving|throughout
the year and since the year-end||||were as|follows:| |Chair|Prof Peter|Mackie||||| |Vice Chair|Mrs Wendy|Richards||||| ||Dr Adrian|Peters||||| |Treasurer|Mr Thomas|Breed||||| |Trustees|Mr David Blair||(Retired 12 May||2022)|| ||Ms Helen Claire Cotter|||||| ||Ms Cath Doman|||||| ||Mr Chuka|Iwobi|(Resigned|14July 2022)||| ||Ms Joanna|Morgan||||| ||Mr Simon|Williams||||| ||Mr Jon Belcher||(Appointed|10 November||2022)| ||Mr Damian|Bridgeman|(Appointed|10 November||2022)| |Secretary and|Frances J|Beecher||||| |Chief Executive||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total Funds|Total Funds| |---|---|---|---|---|---|---| ||||Funds|Funds|2023|2022| |||Note|E||E|5| |Income and Endowments||from:||||| |Donations
and Legacies||4|461~877|1063 130|lg525g007|1~090gi71| |Investment
Income||3|20,281||20'281|28g940| |Charitable
Activities||4|12,654,663|6,685,112|19,339x775|17,669,294| |Total Incoming
Resources|||13136821|7 748 242|20 885 063|18788405| |Resources Expended on:||||||| |Raising
Funds|||434,306||434,306|351,855| |Charitable
Activities||5,6|12667363|7 770 299|20437 662|17689039| |Total Resources Expended|||13101669|7 770 299|20871968|18040 894| |Net (Loss)/Gain
on|||(61,151)||(61yl51)|17g952| |Investments||||||| |Transfer of Funds||17,18|144704|144704||| |Net Movement
in|Funds||118~705|(166761)|(48056)|765/463| |Reconciliation
of|Funds|||||| |Total funds brought|forward|17,18|6695 083|457 325|7 152408|6386945| |Total funds carried|forward|18,19|6813788|290 564|7104352|7 152408| ## |OMPANY NUMBER
ALANCE SHEET
t 31 March 2023|239622|4||||| |---|---|---|---|---|---|---| |||Note|2023
f|2023|2022
f|2022f| |FIXEDASSETS||||||| |Tangible Assets||||2,041,705||2,085,110| |Intangible
Assets||10||||| |Investments||||1404 310||1465 461| |||||3,446,015||3,550,571| |CURRENT ASSETS||||||| |Debtors||11|2,837,569||2,7287398|| |Cash at Bank / In Hand|||2 395 209||427 388|| ||||5,232,778||5,155,786|| |CURRENT LIABILITIES||||||| |Creditors:
Amounts
due within
one year|falling|12|411509151||1455808|| |NET CURRENT ASSETS||||3,723,627||3,699,978| |Creditors: Amounts
due after one year|falling|||65 290||98141| |NET ASSETS||19||7 1043~2||7 1~2 400| |FUNDS||||||| |Unrestricted||17||||| |- General
Funds||||6,513,788||6,395,083| |- Designated
Funds||||300,000||300,000| |Restricted||18||200 564||457 325| |||19||7 104352||7 1~2400| |ENT OF CASHFLOWS
ded 31 llllarch 2023|||||||| |---|---|---|---|---|---|---|---| ||||||2023
f||2022
E| |Net Cash provided
by/(used
Activities|in) Operating||||223,342||281,183| |Cash Flows from Investing|Activities||||||| |Dividends,
Interest
and rents
from investments|||||20,281||28,940| |Proceeds from the sale of|||||||| |property,
plant h equipment|||||||| |Purchase ofAssets|||||(189,683)|(285,808)|| |Proceeds from Sales of Investments|||||1,367,599||388,535| |Purchase ofInvestments|||||(1406I980)|(188089)|| |Net Cash provided
by/(used
Activities|in) Investing||||(208,783)||(56,422)| |Cash Flows from Financing|Activities||||||| |Repayment
of Borrowing|||||(43,738)||(24,027)| |Cash inflows from
New
Borrowing|||||||(5,690)| |Receipt ofendowment|||||||| |Net Cash provided
by/(used
Activities|in) Financing||||(46,738)||(29,717)| |Change
in Cash and Cash Equivalents
Reporting
Period||in|the||32 179||195044| |Cash and Cash Equivalents|at the beginning|||of|||| |the Reporting
Period|||||2,427,388|2,232,346|| |Cash and Cash Equivalents|due to exchange||||||| |rate movements|||||||| |Cash and Cash Equivalents
Reporting
Period|at the end|ofthe|||2395209|2|427 390| |Reconciliation
of net income/(expenditure)||||to net cash flow from|||| |Operating
Activities|||||||| ||||||2023||2022| ||||||||6| |Net Income/(Expenditure)
for|the reporting||period||||| |(as per the Statement
of Financial
Activities)|||||(48,056)||765,463| |Adjustments
for|||||||| |Depreciation
Charges|||||233,087||219,661| |Gains/(Losses)
on Investments
Dividend,
interest
and rents from investments
(Increase)/decrease
in debtors|||||100,532
(20,281)
(109,171)|(244,037)
(28,940)
(495,054)|| |The notes on pages 39|—55form part of|||these|financial statements||| |EMENT OF CASHFLO
Ended 31 March 2023|WS|||| |---|---|---|---|---| |Increase/(decrease)|in creditors||67,231|64,090| |Net Cash provided
Activities|by/(used|in) Operating|223 342|281 183| |Analysis of Net Cash||||| |||||2023|2022| |---|---|---|---|---|---| ||||||E| |Cash|in Hand|||2,395,209|2,427,388| |Bank
Bank|Loans falling
Loans falling|due within
due after|1year
more than 1year|(33,225)
65 290
296694|(47,113)
98 141
2 282 134| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |LLAMAU LIMITED
COMPANY LIMITED BYGUARANTEE|LLAMAU LIMITED
COMPANY LIMITED BYGUARANTEE|||Page 44| |---|---|---|---|---| |NOTES TO THE FINANCIAL STATEMENTS||||| |Year Ended 31 March 2023||||| |Hodge Foundation
Huggard
Charitable
Trust
jenour Foundation|4,000
2,000|25,000|29,000
2,000|4,000
2,000| |Mary Homfray
Charitable
Trust
Merial Gwyneth
Lea Charitable
Mess Up the Mess
Moondance||10,000
13,887
75,659|10,000
13,887
75,659|5,000
75,659| |National
Lottery Comm
Fund
Puffin Group
Rayne Foundation
Simon Gibson Trust
Sir Halley Stewart Trust|99,400
15,255
1,000|430,065
10,000
5,000
17,039|529,465
15,255
10,000
5,000
18,039|54,018
10,000
5,000
17,039| |Swansea
Council||2,200|2,200|4,548| |The Volant Charitable
Trust||||10,000| |Waterloo
Foundation||55,000|55,000|| |WCVA|18,385|22,500|40,885|62,583| |Welsh Gov DA Grant
West Glam Region Partnership||3,177
56088|3,177
56088|160,860
56 088| |Total
Donations
and
Legacies|461,877|1,063,130|1,525,007|1,090,171| ||Unrestricted|Restricted|Total Funds|Total| ||Funds|Funds|2023|Funds| |||||2022| |Charitable
Activities||||6| |Cardiif CC
Caerphilly
CBC
Families First Funding
Health||1,772,741
138,916
306,999
248,914|1,772,741
138,916
306,999
248,914|1,609,474
163,945
296,687
290,696| |IDVA Services||180,450|180,450|154,899| |Inspire
2 Work
Local Authority
Section 180
Ministry ofIustice||15,764
18,720
536,922|15,764
18,720
536,922|20,699
18,000
68,915| |Newport
CC
Other Income
PAT Testing
Police fk Crime Commissioners|64,092
30,094|382,197|64,092
30,094
382,197|39,486
178,328
28,191
359,433| |Rent 8 Service Charges
Social Services
SPPG
Supported
Lodgings
Income
Symud
ymlaen
Moving
Forward
Tenancy Support Schemes
Training
Income
VAWDASV|4,929,247
7,191,816
263,016
176,398|847f085
149,577
93,695
153,974|4,929,247
847,085
7,191,816
149,577
93,695
263,016
176,398
153,974|4,442,367
566,154
6,417,921
197,124
212,522
217,248
137,484
249,726| |Welsh Gov. Bereavement||||| |Support
Welsh Gov. Transitional
Fund
Welsh Gov. Section 180||68,048
1,116,709
451,575|68,048
1,116,709
451,575|1,319,893
451,497| |Work Based Learning
Total Charitable
Activities|12654663|202 826
6685 112|202 826
19339775|228 605
17669 294| ## ## ## ## ## ## |TO THE FINANCIAL STA
nded 31 March 2023|TEMENTS||||| |---|---|---|---|---|---| |||||2023|2022| |The number
ofemployees|whose emoluments|amounted|to|No.|No.| |more than E50,000 in the|year were:||||| |E50,001 - E60,000|||||| |E60,001 - E70,000|||||| |E70,001 - E80,000|||||| |E80,001 - E90,000|||||| ## ## ## ## |The average
number
of full time
year amounted
to:|equivalent
staff employ|ed
by the charity
during
th|e financial| |---|---|---|---| |||2023|2022| |||No.|No.| |Management
and administration
Service staff|staff|46
447|35
414| |||492|449| |OPERATING SURPLUS|||| |Operating
surplus
is stated after|charging:||| |||2023|2022| |||6|E| |Staff pension costs
Operating
leases
Depreciation/Amortisation||648,123
120,942
233,087|621,729
120,309
210,997| |Auditors
remuneration|||| |- as auditors||11,680|11,580| |—for other services||474|| ## ## |Year|Ended 31 March 2|023|||||| |---|---|---|---|---|---|---|---| |9.|TANGIBLE FIXED|ASSETS|||||| |||Freehold||Fixtures 8|Motor||| |||property|Equipment
E|Fittings
f.|vehicles
f.||Total| ||COST||||||| ||At 1 April 2022
Additions
Disposals|2,033,735
34,462|49,732
(10,391)|536,492
91,682
(35,983)|102i872
13,680
(4,420)|691,238
49,858
(81,059)|3,414,069
189,682
(131,853)| ||At 31March 2023|2,068,197|39,341|592,191|112,132|660,037|3,471,898| ||DEPRECIATION||||||| ||At I April 2022|283i276|49r524|423r403|65r016|507r740|Ii328i959| ||Eliminated
on||||||| ||Disposal
Charge for the year|41,020|(10,391)
139|(35r983)
6li525|(4r420)
17i765|(81059)
112638|(131853)
233i087| ||At 31March 2023|324,296|39,272|448r945|78r361|539319|Ir430 193| ||NET BOOK VALUE||||||| ||At||||||| ||31March 2023|1,743,901|69|143r246|33r771|120718|2041705| ||At31March 2022|1,750,459|208|113,089|37,856|183,498|2,085,110| |10.|INTANGIBLE FIXEDASSETS||||||| ||||||||Total| ||||||||E| ||COST||||||| ||At 1 April 2022|||||92,960|92,960| ||Additions||||||| ||At 31March 2023|||||92,960|92,960| ||AMORTISATIO N||||||| ||At 1 April 2022|||||92,960|92,960| ||Charge for the year||||||| ||At 31March 2023|||||92,960|92,960| ||NET BOOK VALUE||||||| ||At 31March 1023||||||| ||At 31March 2021||||||| ## |EBTORS||| |---|---|---| ||2023|2022| ||E|f.| |Rent debtors|471,590|446,659| |Other debtors
Prepayments|2,105,262
260 717|2,046,066
235 673| ||2837 569|2 728 398| ## ## ## |REDITORS: Amounts
falling due within one|year|| |---|---|---| ||2023
f|2022| |Trade Creditors
PAYE and Social Security
Payroll S.Pensions
Creditors
Deferred
Income S.Accruals|378,365
278,111
109,141
668,189|378,201
249,398
89,057
637,511| |Tenant Grants|42,120|54,528| |Mortgage
on Property|33,225|34,053| |Welsh Gov. Resilience
Fund||13060| ||1509151|1455 808| |erral
bei|ng, that the conditions to enable the gr|ant to be fully utilised
have not|been met.| |---|---|---|---| |||2023|2022| ||||E| |Balance
Income
Released|as at 1st April 2022
received
in the year
to income|421,619
20,437,661
(20~453 873|436,791
17,689,039
(1~7704 211| |Balance|as at 31March 2023|405,407|421,619| ## ## ||||||2023|2022| |---|---|---|---|---|---|---| |||||||E| |Carrying
amount offinancial assets
Investments
measured
at fair value
Debt instruments
at amortised
cost|||||1,404,310
4972061|1,465,461
4 920 113| ||||||6376371|6 385 574| ||||||2023
f|2022| |Carrying
Measured|amount of
at amortised||financial
cost|liabilities|890922|882 932| ||||||890922|882 932| ## ## |ASE COMMITMENTS||| |---|---|---| ||2023|2022| |Due cl year
Property
Photocopiers|F.
120,942
10255
131197|E
106,000
5210
111210| |Due 2-5years
Property
Photocopiers|245,000
22 144|245,000| ||267 144|245 000| |Due )5years
Photocopiers|89|| ||89|| |TOTAL|398430|356210| ## ## |ligations
under|leases and hi|re purchase contracts:|| |---|---|---|---| ||||2023| |Future
minimum|lease payments|due under finance leases|| |Amounts
payable;
Within one year
Within two to five|years||10,255
22,144| |Over five years|||90
32439| ## ||||2023| |---|---|---|---| ||||E| |Current|Liabilities||10,255| |Non-current||Liabilities|22 234| ||||32499| ## ## |7. UNRESTRI|CTED FUNDS|||||| |---|---|---|---|---|---|---| ||At 1April
2022|Income|Expenditure|Transfer|Gain on
Investment|At 31
March 2023| ||E|6|E|E|E|E| |General
Designated|6,395,083
300000
6695 083|13gl36~821
13136821|(12g801g669)
300000
13101669|(155r296)
300000
144704|(61~151)
61151|6g513g788
300000
6813788| ## |IREIg~ear|||||| |---|---|---|---|---|---| |At 1 April|||Gain|on|| |2021|Income
Expenditure
At 31 March 2022
Investment||||| |6|6|E|6||| |Genera
I
Designated
5,775,049 11,452,676
233 294
300 000
(10,850,594)
233294
17,952|||||6,395,083
300000| |6 008 343 11|752|676
11083|888
17|952|6 695 083| |ESTRICTED FUNDS|||||| |||Balance at
1Apr 2022|Incoming|Outgoing|Balance at
31Mar 2023| |||6|||| |Barelays —Counselling
Caerphilly
Women's
Aid Merger
Caerphilly
CBC
Cardiif CC
Counselling
Donations
and Fundraising
Emphasis
EYHC
EveryYouth
Family
First Funding
Garfield
Weston
Foundation
Health
Huggard
Charitable
Trust
Supported
Lodgings
Inspire 2 Work
Learning
for Life ACT
I evel the Playing
Field
Ministry ofjustice
Newport
CC —IDVA
Police Br Crime Commissioners
5180
WG Transitional
Funding
Social Services||95,000
146,356
8,483
29,449|138,916
1,797,740
56,088
49,906
10,000
47,039
70,419
306,999
45,000
248,914
25,000
149,577
15,764
202,826
55,000
536,922
180,450
382,197
451,575
1,116,709
847,085|(95,000)
(25,505)
(138,916)
(I/797/ 740)
(56,088)
(54,058)
(10,000)
(47,039)
(59,503)
(306,999)
(45,000)
(248,914)
(25,000)
(149,577)
(15,764)
(202,826)
(57,004)
(536,922)
(180,450)
(382,197)
(451,575)
(1,116,709)
(847,085)|120,851
4,331
10,916
27,445| |Symud
Ymlaen/Moving
Forward|||93,695|(93,695)|| |My Way Home
MoonDance
Step Into Programme
Upstream
Cymru
VAWDASV||33/333|430,065
75,659
136,078
10,000
157,151|(379,486)
(4,551)
(136,078)
(43,333)
(157,151)|50,579
71,108| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |NALYSIS OF NET|ASSETS (betwee|n
restricted
|and unrestricte|d
funds)|| |---|---|---|---|---|---| |||||Net Current|| |||||Assets less|| ||Tangible
Fixed Asset
f|Intangible
Fixed Asset|Investment
f|Creditors
over 1year
f|Total
f| |Caerphilly
Women's
Aid
Moondance||||120,851
71,108|120,851
71,108| |Level The Playing
Field||||27,445|27,445| |Donations
8r|||||| |Fundraising
Bursary schemes
My Way Home
WCVA Mentoring||||6,324
10,916
50,579
3341|6,324
10,916
50,579
3341| |Restricted
Funds||||290,564|290,564| |Unrestricted|2,041,705||Ig404g310|3~367~773|6~813~788| |Fund|||||| |Total Funds|2041705||1404 310|3658337|7 104352| |||||Net Current|| |||||Assets less|| ||Tangible
Fixed Assetf|Intangible
Fixed Assetf|Investmentf|Creditors
over 1yearf|Totalf| |Caerphilly
Women's
Aid||||146,356|146,356| |Learning 4 Life||||95,000|95,000| |Level The Playing
Field||||29,449|29,449| |Donations
8r|||||| |Fundraising
Helpline
Upstream
Cymru||||8,483
33/333
144704|8,483
33/333
144704| |Restricted
Funds||||457~325|457~325| |Unrestricted|2,085,110||1,465,461|3,144,512|6,695,083| |Fund|||||| |Total Funds|2085 110||1465461|3601837|7152408| ## ## ## ## ## |||Unrestricted|Restricted|TOTAL| |---|---|---|---|---| |Income and Endowments|from:|||| |Donations
and Legacies||302,197|787,974|1,090,171| |Investment
Income||28,940||28,940| |Charitable
Activities||11,421,539|6,247,755|17,669,294| |Fixed Asset Disposal||||| |Total Incoming
Resources||11752 676|7 035 729|18788405| |Resources Expended on:||||| |Raising
Funds||351,855||351,855| |Charitable
Activities||10,732,033|6,957,006|17,689,039| |Total Resources||||| |Expended||11083 888|6 957 006|18040 894| |Net Gain on investment||17,952||17,952| |Net Movement
in||||| |Funds||686,740|78,723|765,463| |Reconciliation
of Funds||||| |Total funds
brought
forward||6,008,343|378,602|6,386,945| |Total funds carried forward||6 695083|457 325|7 152408|