2021-03-31-accounts - Platfform For Change

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			Page
Report ofthe	Trustees		1 to17
Report ofthe	Independent	Auditors	18to 20
Consolidated	Statement	of Financial Activities	21
Charity Statement of Financial Activities			22
Consolidated	Balance Sheet		22
Charity Balance Sheet			23
Consolidated	Cash Flow	Statement	25
Notes to the	Consolidated	Cash Flow Statement	26
Notes to the	Financial Statements		27 to 51

ortance, in reco	gnition ofth	e basic principles	e basic principles	set above:
Reserve	Level	Appropriate		Calculated by:					Determined
principal		investment							level:
									f.
Cash flow	One	Cash /	Liquid	With reference to organisation			size		200,000
difficulties		Assets
Funding	Two	Medium	to	Project specific costs		factored	with a		272,458
uncertainties		Long Term		security weighting	and risk assessment			re
				loss ofbusiness	/ replacement		with new
				source offundin
Development	Three	Medium	to	Reference to strategic		plan			100,000
o ortunities		Lon Term
New funding	Three	Medium	to	Reference to strategic		plan			50,000
sources		Lon Term
Total				Current determined		level			622,458

to be	acc	ep	table
Risk														Miti ation
External	environment				and		competition;				continued			Annual budget setting process and robust financial
public sector			cuts, welfare			reform specifically							Local	planning and monitoring processes
Housing	Allowance,				threats		to supporting						people
funding,		increasingly				competitive					tendering			Disciplined	tender writing processes
environment
														Strong external relationships / partnerships
														Improved	key performance measure reporting
														following implementation of new systems
														Refocus of	strategy and underlying business model
														towards a	more balanced mix of earned	and
														contracted	revenue.
Group	governance				and		strategic				leadership;			Strong active Trustees with cross sector experience
governance		and leadership					practice			and	behaviour
become	unfit		for purpose and					not robust			enough to			Governance	framework and competencies
successfully			lead a		growing,			increasingly				diverse
group ofcharities/companies														Governance	and leadership culture-Thinking
														Environment	Restructure of executive team	in
														response to new strategy —leading to the future
														Review of	current governance including Platfform
														Enterprise	Ltd in progress to ensure fit for purpose
														and future
Brand,	reputation,			culture,			values			& stakeholder				Marketing	and Communications Department
experience;		we need			to maintain				a	strong		cultural		established,	Strategic review of brand and values
identity,	with		lived		values		and		consistent				high	completed	and rebrand launched July 2020.
quality	as		the	organisation					grows			and to
demonstrate			the im		act of	our		work

					F	O	R T	HE Y	EAR	END	ED 31 MARCH 2021
Risk mana		ement
A workforce to deliver;					we are unable			to recruit and			Restructure and strengthening of executive team
retain the workforce				we need to deliver on					behalf of		and central office function
service	users		and commissioners								Introduction of Compassionate Leadership, ACE		&
											Trauma informed leadership and development
											programmes
											Use of appraisal and supervision to identify
											development roles for staff members
											Improved HR information, and development		of
											cascade to provide key performance indicators
											Greater autonomy and responsibility	with
											introduction of mobile working across	the
											organisation
											Embedding Thinking Environment principles across
											or anisation.
National/International/					Force Majeure			Events			Development of Operational/HR/H&S systems		in
											light ofLessons from Lockdown
											Diversification of activities/ Business Development
											Strategy for Growth
											Mobile/Remote working policy across organisation
											Strong relationships with funders/commissioners
											Robust Reserve retention policy
											Cash li uidi
Independent			Revenue		generation		through		trading;		Strong PEL Board and executive team	with
risk that		the trading		subsidiary		does not deliver				the	extensive commercial experience.
levels	of independent				income		contained		in	the	Review of performance against five year business
business		plan									plan
											Annual budget setting process and robust financial
											planning and monitoring processes
											Investment appetite —social and commercial
											Development of clear and streamlined performance
											reporting frameworks to/from the trading subsidiary
											Breathe opened in September 2018 with plans	for
											si nificant rowth and eo ra hicaldu lication
Income,		cost	control and efficiencies;					the changing			Qualified and experienced finance team
nature	of contracting,				potential	rent loss,			failure to		Quarterly management reporting to Board
achieve		effective		ways of working				will	lead	to	Cyclical programme of cost efficiency reviews		in
increased costs											place
											Reserve and investment policies in place
											Annual budget setting process
											Continuing to invest in core systems for HR, payroll
											and finance to drive further cost control	and
											efficienc savin s

		FOR T	HE YEAR ENDED	31 MARCH 2021
					2021	2020
			Unrestricted	Restricted	Total funds	Total funds
			funds	funds
		Notes		E
INCOME AND
ENDOWMENTS FROM
Donations and legacies			5,713	1,039	6,752	1,401,850
Charitable activities
Support for mental	health		3,155,569	5,694,618	8,850,187	7,697,029
and wellbeing
Other trading activities		3	1,252,341		1,252,341	1,531,531
Other income		4b	206,341		206,341	6,759
Investment income		4a	1,203		1,203	5,784
Total			4,621,167	5,695,657	10,316,824	10,642,953
EXPENDITURE ON
Raising funds			(2,576)		(2,576)	(2,972)
Charitable activities:
Support for mental	health		(3,506,622)	(5,232,152)	(8,738,774)	(7,948,877)
and wellbeing
Other trading activities		7b	1,209,649		1,209,649	1,116,840
Total			(4,718,847)	(5,232,152)	(9,950,999)	(9,06S,6S9)
Net gains/(losses)	on					(20,685)
investments
Taxation
NET			(97,680)	463,505	365,825	1,553,579
INCOME/(EXPENDITURE)
Transfers between funds		21a	(36,532)	36,532
Extraordinary items		29	148,946		148,946	150,000
Net movement in	funds		14,734	500,037	514,771	1,403,579
RECONCILIATION	OF
FUNDS
Total funds brought	forward		2,140,294	206,367	2,346,661	943,082
TOTAL FUNDS CARRIED			2,155,028	706,404	2,861,432	2,346,661
FORWARD

			FOR T	HE YEAR ENDED	31 MARCH 2021
						2021	2020
				Unrestricted	Restricted	Total funds	Total funds
				funds	funds
			Notes				f.
INCOME AND
ENDOWMENTS FROM
Donations and legacies				485,863	1,039	486,902	52,628
Charitable activities
Support for mental	health			3,155,569	5,694,618	8,850,187	7,424,292
and wellbeing
Other trading activities			3	215,330		215,330	362,042
Other income			4b	126,890		126,890	6,760
Investment income			4a	1,203		1,203	5,784
Total				3,984,855	5,695,657	9,680,512	7,851,506
EXPENDITURE ON
Raising funds				(2,576)		(2,576)	(2,972)
Charitable activities:
Support for mental	health			(3,505,622)	(5,232,152)	(8,737,774)	(7,714,015)
and wellbeing
Total				(3,508,198)	(5,232,152)	(8,740,350)	(7,716,987)
Net gains/(losses)	on						(20,685)
investments
Taxation
NET				476,657	463,505	940,162	113,834
INCOME/(EXPENDITURE)
Transfers between		funds	21b	(38,065)	38,065
Extraordinary items			28				(76,979)
Net movement in	funds			438,592	501,570	940,162	36,855
RECONCILIATION		OF
FUNDS
Total funds brought		forward		1,171,411	204,834	1,376,245	1,339,390
TOTAL FUNDS CARRIED				1,610,003	706,404	2,316,407	1,376,245
FORWARD

				2021	2020
		Unrestricted	Restricted	Total funds	Total funds
	Notes		E	E	E
FIXEDASSETS
Intangible assets	14
Tangible assets	15	842,504		842,504	1,799,284
Investments	16
		842,504		842,504	1,799,284
CURRENT ASSETS
Stock	17	217,842		217,842
Debtors	18	1,597,526		1,597,526	1,124,967
Cash at bank and in hand		1,528,971	706,404	2 235,375	1,249,006
		3,344,339	706,404	4,050,743	2,373,973
CREDITORS
Amounts falling due within	19	(1,040,705)		(1,040,705)	(1,115,198)
one year
NET CURRENT ASSETS		2303634	706404	3010038	1258775
TOTAL ASSETS LESS		3,146,138	706,404	3,852,542	3,058,059
CURRENT LIABILITIES
CREDITORS
Amounts falling due after		(991,110)		(991,110)	(711,398)
more than one year	20
Provisions for liabilities
NET ASSETS		2,155,028	706,404	2,861,432	2,346,661
FUNDS	21a
Unrestricted funds				2,155,028	2,140,294
Restricted funds				706404	206367
TOTAL FUNDS				2,861,432	2,346,661

				2021	2020
		Unrestricted	Restricted	Total funds	Totalfunds
	Notes		E
FIXEDASSETS
Intangible assets	14
Tangible assets	15	841,341		841,341	872,032
Investments	16	100		100	100
		841,441		841,441	872,132
CURRENT ASSETS
Stock	17
Debtors	18	1,992,809		1,992,809	746,590
Cash at bank and in hand		202,998	706,404	909,402	916,686
		2,195,807	706,404	2,902,211	1,663,276
CREDITORS
Amounts falling due within	19	(797,374)		(797,374)	(696,071)
one year
NET CURRENT ASSETS		1398433	706404	2 104837	967205
TOTAL ASSETSLESS		2,239,874	706,404	2,946,278	1,839,337
CURRENT LIABILITIES
CREDITORS
Amounts falling due after	20	(629,871)		(629,871)	(463,092)
more than one year
Provisions for liabilities
NET ASSETS		1,610,003	706,404	2,316,407	1,376,245
FUNDS	21
Unrestricted funds				1,610,003	1,171,411
Restricted funds				706404	204 834
TOTAL FUNDS				2,316,407	1,376,245

					2021	2020
				Notes		F
Cash flows from operating activities:
Cash generated from opeiations					125,422	90,201
Net cash provided by (used in) operating		activities			125,422	90,201
Cash flows from investing activities:
Purchase oftangible fixed assets					(71,894)	(80,294)
Proceeds from sales offixed assets					661,371
Purchase offixed asset investments						(66,414)
Sale offixed asset investments						287,430
Interest paid					(18,892)	(28,095)
Cash balance acquired on acquisition of	subsidiary					256,067
Dividends, Interest and rents from investments					(1,203)	(118)
Net cash provided by (used in) investing		activities			569,382	368,576
Cash flows from financing activities:
Repayments of borrowings (net ofinterest paid)					(57,001)	(20,724)
Cash inflows from new borrowing					400,000	135,000
Net cash provided by (used in) financing		activities			342,999	114,276
Change in cash and cash equivalents	in	the	reporting		1,037,803	573,053
period
Cash and cash equivalents at the beginning			ofthe	1a.	1,197,572	624,519
reporting period
Cash and cash equivalents at the end	ofthe		reporting	1a	2,235,375	1,197,572
period

									2021	2020
								Notes		E
Net income/(expenditure)				for the reporting			period (as	per	514,771	1,403,579
the statement offinancial				activities)
Adjustments for:
Losses/(gain) on investments										20,685
Depreciation charges									101,859	76,934
Amortisation charges										150,000
Dividends, Interest and rents from					investments				1,203	120
Losses/(gain) on sale	of		fixed assets						47,602	7,719
Interest charges									18,892	28,095
Adjustment for loan arrangement					fees					(1,349,222)
Loan funding forgiven									3,969
Donation on acquisition			of Newlink		Wales				(148,946)
Decrease /(increase)		in	debtors						(472,559)	22,518
Increase / (decrease)	in		creditors						58,631	(270,227)
Net cash provided by (used in)					operating		activities		125,422	90,201
a. ANALYSIS OF CASH			AND CASH			EQUIVALENTS
									2021	2020
								Notes		E
Cash in hand									2,235,375	1,249,093
Overdraft facilities										(51,521)
Total cash and cash		equivalents							2,235,375	1,197,572
. ANALYSIS OF NET		DEBT
						As	at 1 April		Other non-	As at 31
							2020	Cash flows f.	cash changes	INarch 2021f
Cash &cash equivalents							1,249,093	986,282		2,235,375
Overdraft facilities							(51,521)	51,521
Loans falling due within			one	year			(204,576)		81,604	(122,972)
Loans falling due after		more		than			(711,399)	(321,079)	(81,604)	(1,114,082)
one year
Total							281,597	716,724		998,321

					Group	Group	Charity	Charity
					2021 F	2020 F	2021f	2020 F
Newlink	acquisition		donation	(note 25)		1,349,222
Newlink	donation						480,150
Donations					6,752	52,628	6,752	52,628
					6,752	1,401,850	486,902	52,628
3. OTHER TRADING			ACTIVITIES
					Group	Group	Charity	Charity
					2021f	2020	2021 f.	2020f
Training	courses				31,828	15,770	31,828	15,770
Breathe	counselling				120,161	172,516	120,161	172,516
Secondment income					45,341	153,280	45,341	153,280
Commercial rent					18,000	20,475	18,000	20,475
Disposal	ofPSP from Group			balances		75,430
Subsidiary trading		income			1,037,011	1,094,060
					1,252,341	1,531,531	215,330	362,041
4a. INVESTMENT INCOME
					Group	Group	Charity	Charity
					2021 f.	2020 f.	2021f	2020f
Common	Investment		Funds			5,902		5,902
Deposit	account interest				1,203	(118)	1,203	(118)
					1,203	5,784	1,203	5,784
4b. OTHER INCOME
					Group	Group	Charity	Charity
					2021f	2020 F	2021 f.	2020 F
CJRS funding					206,341		126,890
Other income						6,760		6,760
					206,341	6,760	126,890	6,760

			Group	Group	Charity	Charity
			2021	2020	2021	2020
			E		E
Rent		Support for mental	1,531,439	1,453,230	1,531,439	1,453,230
		health and wellbeing
Health boards		Support for mental	1,032,539	832,059	1,032,539	832,059
		health and wellbeing
Sundries		Support for mental
		health and wellbeing
Welsh		Support for mental	1,146,983	341,042	1,146,983	341,042
Government		health and wellbeing
Children	in	Support for mental	39,095		39,095
Need		health and wellbeing
Community		Support for mental	49,998	49,973	49,998	49,973
Foundation		health and wellbeing
Local authorities		Support for mental	3,923,603	3,394,005	3,923,603	3,394,005
		health and wellbeing
Individual		Support for mental		5,007		5,007
Personal		health and wellbeing
Contracts
Big Lottery		Support for mental	59,774	129,973	59,774	129,973
ESF Funding		health and wellbeing Support for mental	' 658,705	1,197,062	658,705	1,197,062
		health and wellbeing
Small grants		Support for mental	45,999	21,941	45,999	21,941
		health and wellbeing
Covid funding		Support for mental	220,601		220,601
		health and wellbeing
VSEF		Support for mental	99,000		99,000
		health and wellbeing
Education		Support for mental	42,451		42,451
		health and wellbeing
Newlink	income	Support for mental		272,736
		health and wellbeing
			8,850,187	7,697,028	8,850,187	7,424,292

		Group	Group	Charity	Charity
		2021	2020	2021	2020
		E	f		f.
Portfolio	management	2,576	2,972	2,576	2,972
Other
		2,576	2,972	2,576	2,972

7a. ANALY	SIS O	F CHA	RITABLE A	CTIVITIES	COSTS - CHARITY	COSTS - CHARITY
					Direct costs		Grant funding of		Supportcosts		Total
						E	(see note 8) E		(see	below)		f
Support for mental		health	and wellbeing			7,656,473		33,086	1,048,215		8,737,774
						7,656,473		33,086	1,048,216		8,737,774
			Support	Contracts	Counsell-	CYP	Dementia	Employ-	HSA &	OtherSupporting		Transfor-	TSS&FS	2021	2020
			costs		Ing			ment	S180		People	mation
								services			Services
						F
Counselling					35,259	214		107		321				36,901
Depreciation	and FA	costs	28,101		13,140	4,479	1,679	5,284	479	5,205	20,389	624	21,518	100,898	74,991
Finance costs			10,103		627	408	114	515	697	458	1,176		925	15,023	27,564
Housing Association		Costs									858,399			858,399	798,704	'
Insurance			1,283		1,636	4,356	1,958	10,987	3,023	2,318	1,059		11,885	38,505	33,507
Marketing &advertising			4,830		261	80,682	99,783	1,311	304	515	1,902	7,280	3,155	200,023	161,991
Office costs			971		2,108	5,168	399	5,331	800	4,419	8,545		6,156	33,897	38,795
Other Costs			4,127	39	106	360	215	671	553	219	1,172	10	1,771	9,243	12,044
Partner costs								41,369						41,369	258,217
Professional	expenses		36,300	129	27,469	12,875	1,078	8,189	2,392	7,612	6,385		6,738	109,167	138,968
Property cost			13,931	107	24,069	18,193	8,745	40,222	12,341	21,877	164,748		71,640	375,873	256,398
Repairs & Renewals			455		88	20	90	328	19	255	15,588	240	1,250	18,333	21,569
Salaries			921,329	11,667	265,755	381,120	148,161	541,008	281,756	281,932	1,457,235	47,675	1,676,829	6,014,467	5,066,005
Service user	costs		30		17,751	90,335	33,570	33,364	120	67,586	1,886		454	245,096	135,478
Staffing costs			20,057	129	3,172	21,013	18,873	19,796	9,048	18,216	33,689	4,280	65,889	214,162	202,792
Telephone &	IT		1,702	1,569	4,117	23,530	9,089	40,557	30,541	28,792	56,357	292	107,769	304,315	247,386
Travel			4,996	925	2,685	6,665	7,498	10,902	5,759	5,282	26,376	239	43,617	114,944	227,407
Vehicles											7,111			7,111
Volunteer costs						64		598		386				1,048	12,199
Total			1,048,215	14,565	398,243	649,482	331,262	760,539	347,832	445,393	2,662,017	60,640	2,019,596	8,737,774	7,714,015

7b. ANALYSIS	OF	CHA	RIT	ABLE ACTI	VITIES CO	STS - GRO	UP
						Direct	costs	Grant funding of		Supportcosts		Total
								(see	note 8 )f	(see below)
Support for mental		health	and	wellbeing		7,656,473			33,086	1,049,215		8,738,774
Trading Subsidiary		costs				1,209,649						1,209,649
						8,866,122			33,086	1,049,215		9,948,423
				SupportSupporting		HSA &	Employ-	TSS&FS	GYP	Dementia	Contracts	Counsell-	Transfor-	Other	2021	2020
				costs	People	S180	ment					ing	mation
				E	Services E	f	services f
Counselling						35,259	214		107		321				35,901
Depreciation and FA costs				28,101		13,140	4,479	1,679	5,284	479	5,205	20,389	624	21,518	100,898	74,991
Finance costs				10,103		627	408	114	515	697	458	1,176		925	15,023	27,564
Housing Association Costs												858,399			858,399	798,704
Insurance				1,283		1,636	4,356	1,958	10,987	3,023	2,318	1,059		11,885	38,505	33,507
Marketing & advertising				4,830		261	80,682	99,783	1,311	304	515	1,902	7,280	3,155	200,023	161,991
Office costs				971		2,108	5,168	399	5,331	800	4,419	8,545		6,156	33,897	38,795
Other Cosh				4,127	39	106	360	215	671	553	219	1,172	10	1,771	9,243	12,045
Partner costs									41,369						41,369	210,340
Professional expenses				36,300	129	27,469	12,875	1,078	8,189	2,392	7,612	6,385		6,738	109,167	138,968
Property cost				13,931	107	24,069	18,193	8,745	40,222	12,341	21,877	164,748		71,640	375,873	256,398
Repairs 8 Renewals				455		88	20	90	328	19	255	15,588	240	1,250	18,333	21,569
Salaries				921,329	11,667	265,755	381,120	148,161	541,008	281,756	281,932	1,457,235	47,675	1,676,829	6,014,467	5,066,006
Service user costs				30		17,751	90,335	33,570	33,364	120	67,586	1,886		454	245,096	135,478
Staffing costs				20,057	129	3,172	21,013	18,873	19,796	9,048	18,216	33,689	4,280	65,889	214,162	202,792
Telephone & IT				1,702	1,569	4,117	23,530	9,089	40,557	30,541	28,792	56,357	292	107,769	304,315	247,386
Travel				4,996	925	2,685	6,665	7,498	10,902	5,759	5,282	26,376	239	43,617	114,944	227,407
Vehicles												7,111			7,111
Volunteer costs							64		598		386				1,048	12,198
Newlink costs				1,000											1,000	282,738
Total				1,049,215	14,565	398,243	649,482	331,252	760,539	347,832	445,393	2,662,017	60,640	2,019,596	8,738,774	7,948,877
Trading subsidiary	expenditure														1,209,649	1,116,840
Total				1,049,215	14,565	398,243	649,482	331,252	760,539	347,832	445,393	2,662,017	60,640	2,019,596	9,948,423	9,065,717

				Group	Group	Charity	Charity
				2021f	2020 E	2021f	2020
Service user		grants paid to individuals		33,086	38,794	33,086	38,794
				33,086	38,794	33,086	38,794
9. SUPPORT		COSTS
				Group	Group	Charity	Charity
				2021	2020	2021	2020
				f.			f.
Support	costs (see Note 7a &7b for full			1,049,215	963,388	1,048,215	963,388
details)
				1,049,215	963,388	1,048,215	963,388
10. NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
				Group	Group	Charity	Charity
				2021	2020	2021	2020
							E
Auditors'	remuneration		-'audit	7,650	7,595	7,650	7,595
Auditors'	remuneration		—other services	12,188	10,530	1,970	1,855
Depreciation		-owned	assets	101,859	76,934	100,770	74,997
Amortisation					150,000
Operating	leases - equipment			13,398	12,677	13,398	12,677
Operating	leases - property			128,208	72,886	128,208	72,886

	Group	Group	Charity	Charity
	2021	2020	2021	2020
				E
Wages &salaries	6,012,298	5,256,146	5,164,731	4,186,606
Agency costs	211,676	417,459	135,595	318,371
Social security costs	492,623	382,636	423,177	335,925
Pension costs	300,638	244,078	283,760	215,224
Total	7,017,235	6,300,319	6,007,263	5,056,126

ployer	pe	nsion costs) exceeded f	60,000was:
			Group	Group	Charity	Charity
			2021	2020	2021	2020
			f.			f.
260,001	-	F70,000	3		3
f80,001	-	290,000	1	1	1

	Group	Group	Charity	Charity
	2021	2020	2021	2020
Head office	23	23	23	23
Projects	317	324	228	197
Total	340	347	251	220

				2020
		Unrestricted	Restricted	Total funds
		funds	funds
		E
INCOME AND
ENDOWMENTS FROM
Donations and legacies		1,384,000	17;850	1,401,850
Charitable activities
Support for mental	health	3,731,908	3,965,121	7,697,029
and wellbeing
Other trading activities		1,531,531		1,531,531
Other income		6,760		6,760
Investment income		5,784		5,784
Total		6,659,983	3,982,971	10,642,954
EXPENDITURE ON
Raising funds		(2,972)		(2,972)
Charitable activities
Support for mental	health	(4,072,190)	(3,876,687)	(7,948,877)
and wellbeing
Other trading activities		1,116,840		1,116,840
Total		(5,192,002)	(3,876,687)	(9,068,689)
Net gains/(losses) on		(20,685)		(20,685)
investments
Taxation
NET		1,447,296	106,284	1,553,580
INCOME/(EXPENDITURE)
Transfers between	funds
Extraordinary items		150,000		150,000
Net movement in	funds	1,297,296	106,284	1,403,580
RECONCILIATION	OF
FUNDS
Total funds brought	forward	842,999	100,083	943,082
TOTAL FUNDS CARRIED		2,140,295	206,367	2,346,662
FORWARD

					2020
			Unrestricted	Restricted	Total funds
			funds	funds
				E
INCOIIE AND
ENDOWMENTS FROM
Donations and legacies			34,778	17,850	52,628
Charitable activities
Support for mental		health	3,678,305	3,745,987	7,424,292
and wellbeing
Other trading activities			362,042		362,042
Other income			6,760		6,760
Investment income			5,784		5,784
Total			4,087,669	3,763,837	7,851,506
EXPENDITURE ON
Raising funds			(2,972)		(2,972)
Charitable activities.
Support for mental		health	(4,054,929)	(3,659,086)	(7,714,015)
and wellbeing
Total			(4,057,901)	(3,659,086)	(7,716,987)
Net gains/(losses)	on		(20,685)		(20,685)
investments
Taxation
NET			9,083	104,751	113,834
INCOME/(EXPENDITURE)
Transfers between		funds
Extraordinary items			(76,979)		(76,979)
Net movement in	funds		(67,896)	104,751	36,855
RECONCILIATION		OF
FUNDS
Total funds brought		forward	1,239,307	100,083	1,339,390
TOTAL FUNDS CARRIED			1,171,411	204,834	1,376,245
FORWARD

		Goodwill	Total
		E	F
Cost
At 1 April	2020	581,135	581,135
Additions
Disposals
At 31 March 2021		581,135	581,135
Depreciation
At 1 April	2020	(581,135)	(581,135)
Charged	in year
Eliminated	on disposal
At 31 March 2021		581,135	581,135
Net book	value
At 31 March 2021
At 31 March 2020

5a. TANG	IBLE FIXEDA	SSETS —GROUP
		Freehold	Long	.Office	Project	Totals
		property	leasehold	equipmen	fixtures &
				t	fittings
				F
Cost
At 1 April	2020	1,242,913	500,000	395,166	158,239	2,296,318
Additions Disposals At 31 March 2021		~925,000 317,913	500,000	52,410 ~1,417 446,159	19,484 ~5,631 172,092	71,894 ~932,048 1,436,164
Depreciation
At 1 April	2020	(63,078)	(49,388)	(289,830)	(94,738)	(497,034)
Charged	in year	(7,798)	(9,796)	(64,519)	(19,746)	(101,859)
Eliminated on disposal At 31 March 2021		~70,876	~59,184	1,147 ~353,202	4,086 ~110,398	5,233 ~593,660
Net book	value
At 31 March 2021		247,037	440,816	92,957	61,694	842,504
At 31 March 2020		1,179,835	450,612	105,336	63,501	1,799,284

		Freehold	Long	Office	Project	Totals
		property	leasehold	equipmen	fixtures &
				t	fittings
Cost
At 1 April	2020	317,913	500,000	384,337	158,239	1,360,489
Additions Disposals At 31 March 2021		317,913	500,000	52,410 ~1,417 435,330	19,484 ~5,631 172,092	71,894 ~7,048 1,425,335
Depreciation
At 1 April	2020	(63,078)	(49,388)	(281,253)	(94,738)	(488,457)
Charged	in year	(7,798)	(9,796)	(63,430)	(19,746)	(100,770)
Eliminated on disposal At 31 March 2021		~70,876	~59,184	1,147 ~343,536	4,086 ~110,398	5,233 ~583,994
Net book	value
At 31 March 2021		247,037	440,816	91,794	61,694	841,341
At 31 March 2020		254,S35	450,612	103,084	63,501	872,032
6a. FIXEDASSET INVESTMENTS - GROUP
			Listed		Other	Totals
			investments	investments
			E
Cost
At 1 April	2020
Additions
Revaluations
Disposals
At 31 March 2021
6b. FIXEDASSET INVESTMENTS - CHARITY
			Listed		Other	Totals
			investments	investments
			F
Cost
At 1 April	2020				100	100
Additions
Revaluations
Disposals
At 31 March 2021					100	100

				FOR TH	E YE	AR ENDED 3	1 MARCH 2021
17. STOCK:
						Group	Group	Charity	Charity
						2021	2020	2021	2020
						F
Properties	held for sale (Nolton St)					217,842
						217,842
18. DEBTORS:
						Group	Group	Charity	Charity
						2021	2020	2021	2020
						F	E	E
Amounts	falling due within		one year:
Trade debtors						1,307,063	903,054	1,173,291	543,575
Prepayments &accrued income						290,463	203,013	274,097	203,015
Amounts	owed by group undertakings							545,421
Other debtors							18,900
						1,597,526	1,124,967	1,992,809	746,590
Amounts	felling due in more			than one
year:
Amounts	owed by group undertakings
						1,597,526	1,124,967	1,992,809	746,590
19. CREDITORS: AMOUNTS				FALLING	DUE	WITHIN ONE	YEAR:
						Group	Group	Charity	Charity
						2021	2020	2021	2020
						E	E	F
Bank loans and overdrafts						122,972	256,097	80,207	28,307
Trade creditors						336,229	266,465	304,301	220,380
Amounts	owed to group undertakings							5,446	71,260
Taxation	and social	security				146,887	272,846	106,761	185,110
Accrued	expenses,	grants	in	advance	&	371,177	127,767	264,950	127,762
deferred	income
Other creditors						63,440	192,023	35,709	63,252
						1,040,705	1,115,198	797,374	696,071

	Group	Group	Charity	Charity
	2021	2020	2021	2020
	F	F	F
Brought forward balance	76,164	214,010	76,164	214,010
Grant income received	8,850,187	7,713,660	8,850,187	7,713,660
Grant income released	(8,926,351)	(7,851,506)	(8,926,351)	(7,851,506)
Carried forward balance		76,164		76,164

		Group	Group	Charity	Charity
		2021	2020	2021	2020
		f.			F
Loans		991,110	711,398	629,871	463,092
Other	creditors
		991,110	711,398	629,871	463,092

Terms ofrepayment	Group	Group	Charity	Charity
	2021	2020f	2021f	2020
Within one year	122,972	204,576	80,207	28,307
Between one and two years	221,215	62,875	155,467	28,307
Between two and five years	370,367	200,521	174,465	84,921
More than five years	399,528	448,003	299,939	349,864
Total	1,114,082	915,975	710,078	491,399

21a. MOVEMENT	IN	FUNDS - GROUP:	FUNDS - GROUP:
		At 1 April	Incoming	Resources	Gains I	Transfers		At 31
		2020	Resources	expended	Losses			March
			E	F				2021f
Unrestricted
General fund		1,508,408	4,770,113	(4,718,847)		(427,314)		1,132,360
Freehold property	&	284,120				190,782		474,902
fixed asset reserve
Furniture and		23,766				36,234		60,000
maintenance fund
ITdevelopment		80,000				(20,000)		60,000
fund
Remuneration						200,000		200,000
review reserve
Workforce		87,000				(87,000)
restructure, training
and development
reserve
Social Enterprise	&					227,766		227,766
independent
income reserve
Office relocation		45,000				(45,000)	'
reserve
Business		60,000				(60,000)
development fund
Marketing reserve		15,000				(15,000)
Transformation		37,000				(37,000)
reserve
		2 140294	4770113	4718847		36532		2 155026
Restricted
Supporting People			1,228,293	(1,258,123)		29,830
Service restricted
funds
H.S.A &S180			397,690	(397,690)
restricted funds
Employment			129,289	(129,289)
services restricted
funds
TSS&FSrestricted		111,700	2,241,889	(2,118,771)				234,818
funds
CYP restricted			785,142	(691,348)		8,235		102,029
funds
Dementia restricted			392,503	(370,893)				21,610
funds
Other smaller		93,134	520,851	(266,038)				347,947
restricted funds
Newlink restricted		1,533				(1,533)
funds
		206,367	5,695,657	5,232,152		36532		706,404
Total funds		2,346,661	10,465,770	9,950,999				2,861,432

21b. MOVEMENT	IN	FUNDS - CHARITY:	FUNDS - CHARITY:
		At 1 April	Incoming		Resources	Gains	/	Transfers	At 31
		2020	Resources		expended	Losses			March
									2021f
Unrestricted
General fund		539,525	3,984,855		(3,508,198)			(427,684)	588,498
Freehold property	&	284,120						189,619	473,739
fixed asset reserve
Furniture and		23,766						36,234	60,000
maintenance fund
ITdevelopment		80,000						(20,000)	60,000
fund
Remuneration								200,000	200,000
review reserve
Workforce		87,000						(87,000)
restructure, training
and development
reserve
Social Enterprise	&							227,766	227,766
Independent
income
Office relocation		45,000						(45,000)
reserve
Business		60,000						(60,000)
development fund
Marketing reserve		15,000						(15,000)
Transformation		37,000						(37,000)
reserve
		1 171411	3	984855	3508 198			38065	1610003
Restricted
Supporting People			1,228,293		(1,258,123)			29,830
Service restricted
funds
H.S.A &S180				397,690	(397,690)
restricted funds
Employment				129,289	(129,289)
services restricted
funds
TSS&FSrestricted		111,700	2,241,889		(2,118,771)				234,818
funds
CYP restricted				785,142	(691,348)			8,235	102,029
funds
Dementia restricted				392,503	(370,893)				21,610
funds
Other smaller		93,134		520,851	(266,038)				347,947
restricted funds
		204834	5,695,657		5232,152			38,065	706,404
Total funds		1,376,245	9,680512		8740 350				2,316,407

21c. COMPARATIVE	21c. COMPARATIVE	FOR MOVEMENT	FOR MOVEMENT	IN FUNDS	- GROUP:
		At 1 April		Incoming	Resources	Gains I	Transfers	At 31
		2019	Resources		expended	Losses		March
								2020
								K
Unrestricted
General fund		211,113		6,659,982	(5,342,002)	(20,685)		1,508,408
Freehold property	&	284,120						284,120
fixed asset reserve
Furniture and		53,766					(30,000)	23,766
maintenance fund
IT development		50,000					30,000	80,000
fund
Workforce		60,000					27,000	87,000
restructure, training
and development
reserve
Office relocation		25,000					20,000	45,000
reserve
Business		40,000					20,000	60,000
development fund
Marketing reserve		45,000					(30,000)	15,000
Transformation		74,000					(37,000)	37,000
reserve
		842,999		6,659,982	5,342,002	20 685		2,140,294
Restricted
Supporting People				1,255,610	(1,255,610)
Service restricted
funds
H.S.A &S180				426,856	(426,856)
restricted funds
Employment				152,132	(152,132)
services restricted
funds
TSS&FSrestricted				1,244,286	(1,132,586)			111,700
funds
CYP restricted				332,574	(332,574)
funds
Dementia restricted		38,062		155,726	(193,788)
funds
Other smaller		62,021		196,653	(165,540)			93,134
restricted funds
Newlink restricted				219,134	(217,601)			1,533
funds
		100083		3982971	3876 687			206 367
Total funds		943,082	10,642,953		9,218,689	20,685		2,346,661

21d. COMPARATIVES	21d. COMPARATIVES	FOR MOVEMENT	FOR MOVEMENT	IN FUNDS - CHARITY:	IN FUNDS - CHARITY:
		At 1 April	Incoming		Resources	Gains I	Transfers	At 31
		2019	Resources		expended	Losses		March
								2020
Unrestricted
General fund		607,421	4,087,669		(4,134,880)	(20,685)		539,525
Freehold property	&	284,120						284,120
fixed asset reserve
Furniture and		53,766					(30,000)	23,766
maintenance fund
ITdevelopment		50,000					30,000	80,000
fund
Workforce		60,000					27,000	87,000
restructure, training
and development
reserve
Office relocation		25,000					20,000	45,000
reserve
Business		40,000					20,000	60,000
development fund
Marketing reserve		45,000					(30,000)	15,000
Transformation		74,000					(37,000)	37,000
reserve
		1,239,307	4,087,669		4,134,880	20 685		1 171,411
Restricted
Supporting People			1,255,610		(1,255,610)
Service restricted
funds
H.S.A &S180				426,856	(426,856)
restricted funds
Employment				152,132	(152,132)
services restricted
funds
TSS&FS restricted			1,244,286		(1,132,586)			111,700
funds
CYP restricted				332,574	(332,574)
funds
Dementia restricted		38,062		155,726	(193,788)
funds
Other smaller		62,021		196,653	(165,540)			93,134
restricted funds
		100083	3,763,837		3659,086			204,834
Total funds		1339390	7,851,506		7793966	20,685		1,376,245

5. CHARI	TY R	EL	ATED PARTY	TRANSACTIONS
						Cardiff
				Platfform	Gofal	Cleaning	.
				Enterprises	Enterprises	Services		Newlink
				Ltd E	Ltd E	Ltd f.		Walesf
Expenditure						63,115
Revenue
Donation								480,150
Amounts	owed	to	Charity	900	27,225			517,296
Amounts	owed	by	Charity			5,446

statements have been cons summary ofthe results are	olidated on a line by line basis in the Stateme shown below:	nt of Financial Activitie	s. A
		2021	2020
		E
Profit and Loss in the period:
Turnover			2,480
Sales to Group companies
Admin &other expenses		(754)	(20,992)
Write off of loan balance		148,946
Intercompany purchases	&recharges
Net (loss) Iprofit		148,192	18,512
The aggregate ofthe assets, liabilities and funds below:
Current assets		150,667	150,332
Creditors due within 1 year		(13,947)	(227,813)
Creditors due after 1 year		439,492	373,483
Net Assets		302,772	450,964
PS Properties &Interiors	Ltd

financial statements have b summary ofthe results are	een consolidated n a line by line basis in th shown below:	e Statement of Financial	Activities. A
		2021	2020
		f.
Profit and Loss in the period:
Turnover		1,037,151	983,288
Sales to Group companies		63,115	37,770
Admin &other expenses		(1,202,832)	(1,051,603)
Other income		64,451
Intercompany purchases	&recharges
Net (loss) Iprofit		38,115	30,545
The aggregate ofthe assets, liabilities and funds below:
Fixed assets		1,163	2,253
Current assets		301,836	150,989
Creditors due within 1 year		(211,085)	(230,067)
Creditors due after 1 year		206,854
Net Assets		114,940	76,825
Platfform Enterprises Ltd

mmary ofthe	result	s are	shown below:
				2021	2020
Profit and Loss in		the period:
Turnovel
Sales to Group companies
Admin &other	expenses			(23,715)	(5,741)
Other income				15,000
Intercompany	purchases		&recharges
Net (loss) Iprofit				8,715	5,741
The aggregate	ofthe assets, liabilities and funds below:
Fixed assets
Current assets				172,574	147,253
Creditors due	within	1 year		(23,646)	(23,592)
Creditors due	after	1 year		163,284	129,302
Net Assets				14,356	5,641
Share capital				100	100

				2021	2020	2020 - Post
						acquisition
						K
SOCI in	the period:
Income					843,852	431,173
Donation	to Charity			(480,150)
Expenditure				46,787	1,040,371	375,244
Net Surplus / (Deficit)				526,937	196,519	55,929
The aggregate ofthe assets, liabilities			and
funds below:
				At 31 March	At 31 March	At 11October
				2021	2020	2019
				F
Fixed assets					925,000	925,000
Current	assets			1,396,509	540,842	519,642
Creditors	due within	1 year		(518,296)	(60,692)	(95,420)
Creditors	due after 1	year
Net Assets				878,213	1,405,150	1,349,222