## ## ## ||||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| ## ## ##