| Page | ||
|---|---|---|
| Trustees report |
1 - 24 | |
| Statement oftrustees |
responsibilities | 25 |
| Independent auditor's |
report | 26- 29 |
| Statement of finanmal |
actwities | 30 |
| Balance sheet | 31 | |
| Statement of cash flows |
32 | |
| Notes to the financial | statements | 33-65 |
| I | I | ~ | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Cwm Taff | Bridgend | 61 | 0' | 0 | 0 | 50, | ||||
| Cwm Taff | Merthyr | 8 | 28 | 0 | 0 | 0 | 36, | |||
| Cwm Taff | RCT | 65j | 100i | 28, | ||||||
| Gwent Monmouth | 3 | 6 | 0 | 0 | 0 | 9 | ||||
| Swansea Total |
Bay NPT | 0, 82 |
121 190 |
0, 34 |
0' 28 |
0', 6, |
12j 340 |
| ' | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| I | I | |||||||||
| Bridgend Merthyr |
50, 41 |
49i 43, |
46ii 38 |
47j 37 |
50, 36 |
|||||
| Monmouth | 15, ' |
10, | 9 | gi | ||||||
| RCT | 169, | 180 | 166 | 154 | 165 | |||||
| Neath | 10, | 14j | 14', | 13', | 121 | |||||
| Total | 285 | 296, | 275, | 260 | 272 | |||||
| Other Services | ||||||||||
| ' | ||||||||||
| I | I | I | i | I | ||||||
| Respite Care Health and Wellbeing |
39 31 |
37 26 |
35 29 |
33 31 |
34 28 |
|||||
| Horti/Eco | 27 | 20 | 8 | 2 | 6 | |||||
| Total | 97 | 83 | 72 | 66 | 68 |
| ~ | ~ | ~ | ~ | ||||||
|---|---|---|---|---|---|---|---|---|---|
| ~ | ~ | ~ | ~ | ~ | ~ | ||||
| "~ | ~ |
| REFERENCE | REFERENCE | REFERENCE | AND ADMINISTRATIVE | DETAILS | ||
|---|---|---|---|---|---|---|
| Charity | Name | Dr ve | ||||
| Charity | Number | 703002 | ||||
| Company | Number | 2506147 | ||||
| Principal | office | Unit 8 | ||||
| Cefn Coed | ||||||
| Pare Nantgarw | ||||||
| Treforest | ||||||
| RCT | ||||||
| CF15 7QQ | ||||||
| Registered | Office | Unit 8 | ||||
| Cefn Coed | ||||||
| Pare Nantgarw | ||||||
| Treforest | ||||||
| RCT | ||||||
| CF15 7QQ | ||||||
| Company | Secretary | Rhian Jones | ||||
| Trustees | Geoff Lake | |||||
| Jean Gregson | ||||||
| Janet Sheldon | ||||||
| John Minkes | - resigned 20 October 2021 | |||||
| Hugh Irwin |
||||||
| Jennifer Jones - resigned | 2 July 2021 | |||||
| Karmeno Gauci |
||||||
| Anthony Ising |
nni | |||||
| Katrina Kurowski |
||||||
| Chns Kitching |
||||||
| Richard Troote | ||||||
| Karen Cherrett | ||||||
| Phillip Carroll |
- appointed | 24 May 2022 | ||||
| Solicitors | Geldards | |||||
| 4 Capital Quarter | ||||||
| Tyndall Street |
||||||
| Cardiff | ||||||
| CF10 4BZ | ||||||
| Independent | Auditors | Azets Audit Sennces | ||||
| Ty Derw | ||||||
| Lime Tree Court | ||||||
| Cardiff Gate Business Park | ||||||
| Cardiff | ||||||
| CF23 8AB | ||||||
| Bankers | Barclays | |||||
| PO Box 52 | ||||||
| Cardiff | ||||||
| CF1 4XR |
| Unrestricted | Restricted | Total Unrestricted | Total Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||||
| Notes | 2022 f |
2022f | 2022 | 2021 f |
2021 f |
2021 f |
|||
| Income from: | |||||||||
| Donations and legacies |
3 | 2,569 | 2,569 | ||||||
| Charitable activities |
4 | 3,480,374 | 16,160,958 | 19,641,332 | 3,083,474 | 15,420,699 | 18,504,173 | ||
| Investments | 5 | 1,783 | 1,783 | 2,071 | 2,071 | ||||
| Total income | 3,482,157 | 16,160,958 | 19,643,115 | 3,088,114 | 15,420,699 | 18,508,813 | |||
| ~EEIt | |||||||||
| Chantable activities |
6 | 3,331,985 | 16,187,904 | 19,519,889 | 2,922,316 | 15,419,525 | 18,341,841 | ||
| Net income/(expenditure) | for | ||||||||
| the year/ | |||||||||
| Net movement | in | funds | 150,172 | (26,946) | 123,226 | 165,798 | 1,174 | 166,972 | |
| Fund balances | at | 1 April | 2021 | 4,025,611 | 89,500 | 4,115,111 | 3,859,813 | 88,326 | 3.948 139 |
| Fund balances 2022 |
at 31 March | 4,175,783 | 62,554 | 4,238,337 | 4,025,611 | 89,500 | 4,115,111 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | |||||||
| Fixed assets | |||||||||
| Intangible | assets | 12 | 73,735 | ||||||
| Tangible assets | 13 | 1,074,903 | 1,101,618 | ||||||
| Investments | 14 | 1 | 1 | ||||||
| 1,148,639 | 1,101,619 | ||||||||
| Current assets | |||||||||
| Debtors | 16 | 2,001.643 | 1,841,833 | ||||||
| Cash at bank and | in | hand | 3,055,702 | 2,820,985 | |||||
| 5,057,345 | 4,662,818 | ||||||||
| Creditors: | amounts | falling | due within | ||||||
| one year | 18 | (1,736.318) | (1,538,018) | ||||||
| Net current | assets | 3,321,027 | 3,124,800 | ||||||
| Total assets less | current | liabilities | 4,469,666 | 4,226,419 | |||||
| Creditors: | amounts | falling | due after | ||||||
| more than | one year | 20 | (101,329) | (111,308) | |||||
| Provisions | for liabilities | 21 | (130,000) | ||||||
| Net assets | 4,238,337 | 4,115,111 | |||||||
| Income funds | |||||||||
| Restncted | funds | 23 | 62,554 | 89,500 | |||||
| Unrestricted | funds | ||||||||
| Designated | funds | 496,042 | 615,908 | ||||||
| General unrestncted |
funds | 3.679,741 | 3,409,703 | ||||||
| 4,175,783 | 4 025,611 | ||||||||
| 4,238,337 | 4,115,111 |
| 2022 | 202'I | ||||||
|---|---|---|---|---|---|---|---|
| Notes | f | f | |||||
| Cash flows from operating | activities | ||||||
| Cash generated from operations |
29 | 338,540 | 1,092,455 | ||||
| Investing | activities | ||||||
| Purchase | of intangible assets |
(80,837) | |||||
| Purchase | oftangible fixed assets |
(14,790) | (19,414) | ||||
| Investment | income received | 1,783 | 2,071 | ||||
| Net cash | used in investing |
activities | (93,844) | (17,343) | |||
| Financing | activities | ||||||
| Repayment of bank loans |
(9,979) | (6,064) | |||||
| Net cash | used in financing |
activities | (9,979) | (6,064) | |||
| Net increase in cash and cash equivalents |
234,717 | 1,069,048 | |||||
| Cash and | cash equivalents | at beginning | ofyear | 2,820,985 | 1,751,937 | ||
| Cash and | cash equivalents | at end of | year | 3,055,702 | 2,820,985 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| 6 | 6 | |||||
| ILF and targeted | support | income | 976,890 | 842,867 | ||
| Supporting People |
grant | 662,500 | 654,227 | |||
| Job Retention Scheme |
5,921 | 198,150 | ||||
| Health and Local |
Authonty | 14,931,794 | 14,194,975 | |||
| Rent and service | charges | 2,347,883 | 2,182,546 | |||
| Social care financial | recognition | scheme | 560,743 | 373,347 | ||
| Other income | 155,601 | 58,061 | ||||
| 19,641,332 | 18,504,173 | |||||
| Analysis by fund |
||||||
| Unrestricted funds |
3.480,374 | 3,083,474 | ||||
| Restncted funds |
16,160,958 | 15,420,699 | ||||
| 19,641,332 | 18,504,173 |
| Unrestricted | Unrestricted |
|---|---|
| funds | funds |
| 2022 | 2021 |
| F | |
| 1,783 | 2,071 |
| 2022 | 2021 | ||
|---|---|---|---|
| f | |||
| Staff costs | 16,283,996 | 15,329,087 | |
| Depreciation and impairment |
12,201 | 12,201 | |
| Recruitment | 17,682 | 22,664 | |
| Food, cleaning, health |
and safety | 31,039 | 139,815 |
| Legal and professional | costs | 188,251 | 195,165 |
| Office expenses | 197,939 | 131,411 | |
| Participation | 8,460 | 14,500 | |
| Rent and utilities | 1,610,987 | 1,606,393 | |
| Repairs, maintenance | and renewals | 89,111 | 98,436 |
| Travel and vehicle costs | 140,339 | 85,449 | |
| Establishment costs |
108,189 | 78,100 | |
| Proiect expenditure | 83,266 | ||
| 18,771,460 | 17,713,221 | ||
| Share of support costs (see note 7) | 650,165 | 533,439 | |
| Share ofgovernance | costs (see note 7) | 98,264 | 95,181 |
| 19,519,889 | 18,341,841 | ||
| Analysis by fund Unrestncted funds |
3,331,985 | 2,922,316 | |
| Restricted funds |
16,187,904 | 15,419,525 | |
| 19,519,889 | 18341,841 |
| Support costs | ||||||
|---|---|---|---|---|---|---|
| Support | Governance | 2022 | Support costs | Governance | 2021 | |
| costs f |
costs f |
f | f | costs f |
||
| Staff costs Depreciation Bank charges Establishment costs Recruitment Food, cleaning, health |
335,567 36,406 3,880 5,163 |
89,564 | 425,131 36,406 3,880 5,163 |
306,678 27,957 396 20,896 6,200 |
86.386 | 393,064 27,957 396 20,896 6,200 |
| and safety Office expenses Rent 8 utilities Repairs & maintenance Travel 8 vehicle costs |
45,081 73,707 102,633 42,436 5,292 |
45,081 73,707 102,633 42,436 5,292 |
16,710 80,025 27,734 43,044 3,799 |
16,710 80,025 27,734 43,044 3,799 |
||
| Audit fees | 8,700 | 8,700 | 8,795 | 8,795 | ||
| 650,165 | 98,264 | 748,429 | 533,439 | 95,181 | 628,620 | |
| Analysed between |
||||||
| Chantable activities |
650,165 | 98,264 | 748,429 | 533,439 | 95,181 | 628,620 |
| Nt |
|||||
|---|---|---|---|---|---|
| e movement in funds |
2022 | 2021 | |||
| f | f | ||||
| Net movement in funds is stated |
after | charging/(crediting) | |||
| Fees payable to the company's |
auditor | for the audit of the company's | financial | ||
| statements Depreciation of owned tangible fixed assets Amortisation of intangible assets |
8,700 41,505 7,102 |
8,795 40,158 |
| Software | |||
|---|---|---|---|
| Cost | 6 | ||
| At 1 Apnl 2021 | |||
| Additions - separately |
acquired | 80,837 | |
| At 31 March | 2022 | 80,837 | |
| Amortisation | and impairment | ||
| At 1 April 2021 | |||
| Amortisation | charged | for the year | 7,102 |
| At 31 March | 2022 | 7,102 | |
| Carrying amount |
|||
| At 31 March | 2022 | 73,735 | |
| At 31 March | 2021 |
| Tangible fi | xed asset | s | ||||
|---|---|---|---|---|---|---|
| Freehold | Plant and | Fixtures, | Total | |||
| interest in land |
machinery | fittings and |
||||
| and buildings | including | equipment | ||||
| motor vehicles | ||||||
| 0 | 6 | |||||
| Cost | ||||||
| At 1 April 2021 Additions |
1,441,307 | 58,537 | 454,221 14,790 |
1,954,065 14,790 |
||
| At 31 March | 2022 | 1,441,307 | 58,537 | 469,011 | 1,968,855 | |
| Depreciation | and impairment | |||||
| At 1 April 2021 Depreciation charged |
in the year | 392,794 24,766 |
53,073 3,885 |
406,580 12,854 |
852,447 41,505 |
|
| At 31 March | 2022 | 417,560 | 56,958 | 419,434 | 893,952 | |
| Carrying amount |
||||||
| At 31 March | 2022 | 1,023,747 | 1,579 | 49,577 | 1,074,903 | |
| At 31 March | 2021 | 1,048,513 | 5,464 | 47,641 | 1,101,618 |
| 14 | Fixed asset | investments | investments | |||
|---|---|---|---|---|---|---|
| Other | ||||||
| investments | ||||||
| Cost or valuation | ||||||
| At 1 April 2021 8 31 March 2022 | ||||||
| Carrying amount |
||||||
| At 31 March | 2022 | |||||
| At 31 March | 2021 | |||||
| 2022 | 2021 | |||||
| Other investments | compnse | Notes | E | E | ||
| Investments | in subsidiaries | 15 |
| 16 | Debtors | Debtors | |||||
|---|---|---|---|---|---|---|---|
| Amounts | falling due within | one year: | 2022 f |
2021 | |||
| Trade | debtors | ||||||
| Prepayments | and accrued income | 1,841,535 | 1,785,690 | ||||
| 160,108 | 56,143 | ||||||
| 2,001,643 | 1,841,833 | ||||||
| 17 | Loans | and | overdrafts | ||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Bank loans | |||||||
| 114,089 | 124,068 | ||||||
| Payable | within | one year | |||||
| Payable | after one year | 12,760 | 12,760 | ||||
| 101,329 | 111,308 |
| Creditors: ain |
ounts falling due within one year |
|||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Notes | f | f | ||
| Bank loans | ||||
| Other taxation | and social secunty | 17 | 12,760 | 12,760 |
| Deferred income |
317,077 | 262,009 | ||
| Trade creditors | 115,060 | |||
| Other creditors | 453,716 | 373,247 | ||
| Accruals | 533,391 | 387,717 | ||
| 419,374 | 387,225 | |||
| 1,736,318 | 1,538,018 |
| 19 | Deferred Income | |||
|---|---|---|---|---|
| 2022f | 2021 f |
|||
| 115,060 | 229,515 | |||
| Balance as at 1st | Apnl | 163,665 | 654,227 | |
| income received | in the year | (278,725) | (768,682I | |
| Released to income | ||||
| 115,060 | ||||
| Balance as at 31st March |
| financial p |
eriods | eriods | ||||||
|---|---|---|---|---|---|---|---|---|
| 20 | Creditors: | amounts | falling due after more than one year | Notes | 2022 f |
2021 f |
||
| 17 | 101,329 | 111,308 | ||||||
| Bank loans | ||||||||
| 2 | I | Provisions | for liabilities | 2022 f |
2021 f |
|||
| 130,000 | ||||||||
| Pension | Provision | |||||||
| Movements | on provisions | Pension | ||||||
| Provision | ||||||||
| f | ||||||||
| 130,000 |
a Scheme (the "LGPS"). |
a Scheme (the "LGPS"). |
a Scheme (the "LGPS"). |
a Scheme (the "LGPS"). |
es within |
the Fun | d which is part of the Local Gov |
d which is part of the Local Gov |
d which is part of the Local Gov |
ernment Pension |
|---|---|---|---|---|---|---|---|---|---|
| The funded nature of the LGPS requires catculated at a tevel intended to balance |
the Employer the pension |
and its liabihties |
employees to pay contributions with investment assets |
into the Fund, | |||||
| Date ofthe last full actuarial valuation Expected employer contributions next Duration of habihties |
of the Employer's year |
LGPS funded | benefits | 31 March 2019 E2,000 |
|||||
| 20.5 years | |||||||||
| Key assumptions | 2022 | 2021 | 2020 | ||||||
| Discount rate | % p.a 2 70% |
% p.a 2 10% |
% p.a 2.30% |
||||||
| CPI inflation | 300% | 2 | 70% | 2 00% | |||||
| Pension increases |
300% | 2 | 70% | 2.00% | |||||
| Pension accounts revaluation rate |
3.00% | 2 | 70% | 2 00% | |||||
| Salary increases | 4 25% | 3 | 95% | 325% |
| the Covid-1 | 9 pandemic | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Males | ||||||
| Pensioner member aged 65 at accounting date Active member aged 45 at accounting date |
21 6 226 |
21.8 22 8 |
||||
| Females Pensioner |
member aged 65 at accounting |
date | 239 | 24 1 | ||
| Active member aged 45 at accounting |
date | 25.4 | 25.6 | |||
| Asset allocation | ||||||
| 2022 | 202'I | |||||
| 0/ | ||||||
| 0/ | ||||||
| Equities Property Government |
bonds | 67 5% 7.3% |
1,265,00 137,000 217,000 |
72 5% 6 3% 8.3% |
1,359,000 118,000 156,000 |
|
| Corporate Multi-Asset |
bonds Credit |
12.7% 0 0% |
238,000 | 12 3% 0.0% |
231,000 | |
| Cash | 06% | 11,000 | 0.6% | 11,000 | ||
| Other | 0 3% | 6,000 | 0 0% | |||
| Total | 100.0% | 1,874,000 | 100.0% | 'I,875,000 |
| 2022 | 2021 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fair value ofassets | 1,874.000 | 1,875,000 | ||||||||||
| Present value of funded | defined benefit obligation |
2,004,000 | 2, | 050,000 | ||||||||
| Funded status | (130,000) | (175,000) | ||||||||||
| Unrecognised asset |
||||||||||||
| Asset / (liability) recognised |
on the | balance | sheet | (130,000) | (175,000) | |||||||
| The split of the liabihties follows' |
at | the last valuation | between | the various categones | of members | is as | ||||||
| Active members | 89'/o | |||||||||||
| Deferred Pensioners |
5'/o | |||||||||||
| Pensioners | 6'/o | |||||||||||
| Amounts recognised in |
income statement | |||||||||||
| 2022 | 202'I | |||||||||||
| Operating cost |
||||||||||||
| Current serwce cost | 74,000 | 66,000 | ||||||||||
| Past service cost | 28,000 | |||||||||||
| Curtailment cost |
||||||||||||
| Settlement cost | ||||||||||||
| Financing cost | ||||||||||||
| interest on net defined | benefit | liability | / (asset) | 4,000 | 5,000 | |||||||
| Pension expense recognised | in profit and | loss | 78,000 | 99,000 | ||||||||
| Allowance for administration Service Cost (6) |
expenses | included | in | Current | 1,000 | 1,000 |
| 2022 | 202'1 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Asset gains/(losses) | ansing | during | the period | (36,000) | 442,000 | ||||
| Liability gains/(losses) | arising | dunng | the period | 2 004 | 148,000 | (337,000) | |||
| Adjustment in |
respect of paragraph | 28 22 | |||||||
| Total amount | recognised | in | other | comprehensive | 112,000 | 105,000 | |||
| income |
| s to the prese |
nt va | lue | of the defined benefit |
obligation | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Opening defined |
benefit obligation | 2,050,000 | 1,525,000 | ||
| Current service cost | 74,000 | 66,00 | |||
| Interest expense | on defmed | benefit obligation | 43,000 | 3/,000 | |
| Contributions by |
participants | 9,000 | 10,000 | ||
| Actuarial (gains)/losses |
on | liabilities | (148,000) | 337,000 | |
| Net benefits paid |
out | (24,000) | (53,000) | ||
| Past service cost | 28,000 | ||||
| Curtailment cost |
|||||
| Net increase in liabilities |
from disposals/acquisitions | ||||
| Settlements | |||||
| Closing defined | benefit obligation | 2,004,000 | 2,050,000 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Opening fair value ofassets |
1,875,000 | 1,394,000 | ||
| Interest income on assets | 39,000 | 32,000 | ||
| Remeasurement gains/(losses) |
on assets | (36,000) | 442,000 | |
| Contributions | by the employer | 11,000 | 50,000 | |
| Contributions | by the participants | 9,000 | 10,000 | |
| Net benefits | paid out | (24,000) | (53,000) | |
| Net increase | in liabilities from disposals/acquisitions |
|||
| Settlements | ||||
| Closing fair | value ofassets | 1,874,000 | 1,875,000 |
| return ofne | t assets | ||
|---|---|---|---|
| 2022 | 202'I | ||
| Interest income | on asssts | 39,000 | 32,000 |
| Gain/(loss) on |
assets | (36,000) | 442,000 |
| Actual return | on assets | 3,000 | 474,000 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Current service cost | 71,000 | 74,000 | |||||
| Interest on net defined | benefit | liability | 3,000 | 5,000 | |||
| Total estimated pension |
expense | 74,000 | 79,000 | ||||
| Allowance for administration |
expenses | included | in Current | 1,000 | 1,000 | ||
| Service Cost (fM) | |||||||
| Estimated pensionable |
payroll | over the | period | (fM) | 164,000 | 171,000 |
| unt rate assumption | ||||
|---|---|---|---|---|
| Adjustment to discount rate |
+0.1%p.a | Base | -0.1%p.a | |
| Present value of total obligation | (F) | 1,964,00 | 2,004,000 | 2,046,000 |
| % change in present value of total obligation |
-2% | 2.1% | ||
| Projected service cost (6) | 69,000 | 71,000 | 73,000 | |
| Approximate %change in project |
served cost | -2 4% | 2.5% | |
| of general increase in salaries |
||||
| Adjustment to salary increase |
rate | +0.1%p.a | Base | -0.1%p.a |
| Present value of total obligation | (6) | 2,012,00 | 2,004,000 | 1,996,000 |
| %change in present value of total obligation |
04% | -04% | ||
| Projected service cost (p) | 71,000 | 71,000 | 71,000 | |
| Approximate %change in prolect |
served cost | 0 0% | 0.0% |
| Rate | of increase to pensions | and rate of | revaluation of |
pension | accounts | |
|---|---|---|---|---|---|---|
| Adjustment to pension increase rate |
+0.1%p.a | Base | -0.1%p.a | |||
| Present value of total obligation | (P) | 2,038,000 | 2.004,000 | 1,972,000 | ||
| % change in present value of total obligation |
1,7% | -1 6% | ||||
| Projected service cost (r) | 73,000 | 71,000 | 69,000 | |||
| Approximate %change in project |
served cost | 2 5% | -2 4% |
| retiremen | t mortality |
assumption | |||
|---|---|---|---|---|---|
| Adjustment | to mortality | age rating | Base | + 1 year | |
| assumption | figure | year | |||
| Present value of total obligation (2) |
2,074,000 | 2,004,000 | 1,936,000 | ||
| %change | in present value |
of total obligation | 3.5% | -34% | |
| Projected service cost (E) | 74,000 | 71,000 | 68,000 | ||
| Approximate | %change in protect served cost |
39% | -3.9% |
| Number | Total pay | ||||
|---|---|---|---|---|---|
| (e) | |||||
| Active members | 8 | 192,000 | |||
| Number | Total pay | ||||
| (E) | |||||
| Deferred | members | 3,000 | |||
| Pensioners | and dependents | 4,000 |
| eci cash-flow d | ata | prov | ided period en |
ding 31 March |
2022 | |
|---|---|---|---|---|---|---|
| Months | Amount | Amount | ||||
| Provided | Provided | Used (E) | ||||
| (E) | ||||||
| Employer —Normal | contributions | 12 | 11,000 | |||
| Employer —Additional | capital | contributions | ||||
| Employer —Early retirement | strain | 12 | ||||
| Total contributions | by | the Employer | 11,000 | |||
| Employee - Normal contnbutions |
12 | 9,000 | ||||
| Employee - Added years |
contnbutions | 12 | ||||
| Total contributions | by | participants | 9,000 | |||
| Transfers in |
12 | |||||
| Other income | 12 | |||||
| Transfers out |
12 | |||||
| Retirement lump sums |
12 | |||||
| Other outgo | 12 | |||||
| Death in service lump |
sums | 12 | ||||
| Benefits paid (ie pension | paid) | 12 | 22,000 | |||
| Net benefits paid out |
24,000 |
| Period | ending | 31 | March | 2022 | 157,000 |
|---|---|---|---|---|---|
| Penod | ending | 31 | March | 2021 | 176,000 |
| Months | Amount | Amount | |||
|---|---|---|---|---|---|
| Provided | Provicled | Used (f) | |||
| (E) | |||||
| Employer —Normal contnbutions |
12 | 21,000 | |||
| Employer —Additional | capital | contnbutions | |||
| Employer —Early retirement | strain | 12 | 28,000 | ||
| Total contributions by |
the Employer | 50,000 | |||
| Employee —Normal contributions |
12 | 10,000 | |||
| Employee - Added years |
contributions | 12 | |||
| Total contributions by |
participants | 10,000 | |||
| Transfers in |
12 | ||||
| Other income | 12 | ||||
| Transfers out |
12 | ||||
| Retirement lump sums |
12 | 42,000 | |||
| Other outgo | 12 | ||||
| Death in service lump sums |
12 | ||||
| Benefits paid (ie pension | paid) | 12 | 9,000 | ||
| Ilet benefits paid out |
53,000 |
| Months | Amount | Amount | |||
|---|---|---|---|---|---|
| Provided | Prov i&ieel | Used (r) | |||
| (B) | |||||
| Employer —Normal | contributions | 12 | 32,000 | ||
| Employer —Additional capital contributions |
|||||
| Employer —Early retirement strain |
12 | ||||
| Total contributions | by | the Employer | 32,000 | ||
| Employee - Normal |
contributions | 12 | 12,000 | ||
| Employee - Added |
years | contnbutions | 12 | ||
| Total contributions | by | participants | 12,000 | ||
| Transfers in |
12 | ||||
| Other income | 12 | ||||
| Transfers out |
12 | ||||
| Retirement lump sums |
12 | 27,000 | |||
| Other outgo | 12 | ||||
| Death in sconce lump sums | 12 | ||||
| Benefits paid (ie pension | paid) | 12 | 5,000 | ||
| Net benefits paid |
out | 34,000 |
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| 25 | Analysis | of net | assets | between | funds | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restncted | Tota | I | |||||
| funds | funds | funds | funds | ||||||||
| 2022 | 2022 | 2021 | 2021 | 2021 | |||||||
| E | E | E | |||||||||
| Fund balances | at | ||||||||||
| 31 March | 2022 | ||||||||||
| are represented | |||||||||||
| by' | |||||||||||
| Intangible | fixed | assets | 73,735 | 73,735 | |||||||
| Tangible assets | 1,043,008 | 31,895 | 1,074,903 | 1,050,577 | 51,041 | 1,101,618 | |||||
| Investments | 1 | 1 | 1 | 1 | |||||||
| Current assets/(liabilities) |
|||||||||||
| 3,290,368 | 30,659 | 3,321,027 | 3,086,341 | 38,459 | 3,124,800 | ||||||
| Long term | liabilities | (101,329) | (101,329) | (111,308) | (111308) | ||||||
| Provisions | (130,000) | (130,000) | |||||||||
| 4, | 175,783 | 62,554 | 4,238,337 | 4,025,611 | 89,500 | 4,115,111 |
| 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||||
| Within one | year | 6 570 | 6,570 | ||||||||
| Between two and |
fwe | years | 714 | 1,428 | |||||||
| 7,284 | 7,998 | ||||||||||
| Cash generated | from | operations | 2022 | 2021 | |||||||
| f | f | ||||||||||
| Surplus for |
the year | 123226 | 166,972 | ||||||||
| Adjustments | for' | ||||||||||
| Investment | income recognised | in statement | of financial | activities | (1,783) | (2,071) | |||||
| Amortisation | and | impairment | of | intangible | assets | 7,102 | |||||
| Depreciation | and | impairment | of | tangible | fixed assets | 41,505 | 40,158 | ||||
| Movements | in working | capital | |||||||||
| (Increase)/decrease in |
debtors | (159,810) | 602,193 | ||||||||
| Increase in |
creditors | 313,360 | 399,658 | ||||||||
| (Decrease) | in prowsions | 130,000 | |||||||||
| (Decrease) | in deferred | income | (115,060) | (114,455) | |||||||
| Cash generated | from | operations | 338,540 | 1,092,455 | |||||||
| Analysis ofchanges | in net funds | ||||||||||
| At 1 April 2021 | Cash flows At 31 March 2022 |
||||||||||
| f | f | f | |||||||||
| Cash at bank and | in hand | 2,820,985 | 234,717 | 3,055,702 | |||||||
| Loans failing | due | within | one year | (12,760) | (12,760) | ||||||
| Loans falling | due | after | more than one year | (111,308) | 9,979 | (101,329) | |||||
| 2,696,917 | 244.696 | 2.941,613 |