| Page | ||||
|---|---|---|---|---|
| Report of the Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement of Financial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 7 | to | 14 | |
| Detailed Statement ofFinancial Activities |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | f, | |||||||
| INCOME | AND ENDOWftIENTS | FROM | ||||||
| Donations | and legacies | 2,788 | 2,788 | 1,338 | ||||
| Charitable | activities | |||||||
| Grants | 223,091 | 45,918 | 269,009 | 294,006 | ||||
| Investment | income | 103 | 103 | 238 | ||||
| Total | 225,982 | 45,918 | 271,900 | 295,582 | ||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Grants | 176,081 | 58,053 | 234,134 | 265,540 | ||||
| NET INCOME/(EXPENDITURE) | 49,901 | (12,135) | 37,766 | 30,0042 | ||||
| Transfers | between funds |
4,810 | (4,810) | |||||
| Gains/(Losses) on Defined Pension |
Fund | 24,000 | 24,000 | (201,000) | ||||
| Net movement in fuuds |
78,711 | (16,945) | 61,766 | (170,958) | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | (437,807) | 25,670 | (412,137) | (241,179) | |||
| TOTAL FUNDS CARRIED FORWARD |
| INVESTMENTINC | ME | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2. | 2021 | 2020 | |||||||
| 8 | |||||||||
| Interest Received | 103 | 238 | |||||||
| 3. | CHARITABLE ACTIVITIES COSTS | Direct | Support | ||||||
| Costs | costs | Totals | |||||||
| Grants | 232,694 | 1,440 | 234,134 | ||||||
| 4. | NET INCOME/(EXPENDITURE) | ||||||||
| Net income/(expenditure) | is stated after charging/(crediting). | ||||||||
| 2021 | 2020 | ||||||||
| Auditors' remuneration Other operating leases |
for non audit | work | 1,440 11,000 |
1,440 11,000 |
|||||
| 5. | TRUSTEES' REMUNERATION | AND BENEFITS | |||||||
| There were no trustees' | remuneration | or other benefits | for the year ended 31March 2021 nor for | the year ended | |||||
| 31March 2020. | |||||||||
| Trustees' expenses |
2021 | 2020 | |||||||
| 168 | |||||||||
| Trustees'expenses | |||||||||
| STAFF COSTS | 2021 | 2020 | |||||||
| Wages and salaries Social security costs Other pension costs |
147,274 8,727 23,599 |
162,876 11,985 27,329 |
|||||||
| 179,600 | 202,190 | ||||||||
| The average monthly | number ofemployees | during | the | year was as follows: | |||||
| 2021 | 2020 | ||||||||
| Charitable Activities |
6 1 |
6 1 |
| NOTES TO THE FINANCIAI, STATEMENTS FOR THK YEAR ENDED 31MA | NOTES TO THE FINANCIAI, STATEMENTS FOR THK YEAR ENDED 31MA | NOTES TO THE FINANCIAI, STATEMENTS FOR THK YEAR ENDED 31MA | NOTES TO THE FINANCIAI, STATEMENTS FOR THK YEAR ENDED 31MA | RCH 2021... | continued | |
|---|---|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| 8 | ||||||
| INCOME AND EiNDOWIYIENTS FROID | ||||||
| Donations and legacies |
1,338 | 1,338 | ||||
| Charitable activities |
||||||
| Grants | 184,758 | 109,248 | 294,006 | |||
| Investment income |
237 | 238 | ||||
| Total | 186,333 | 109,249 | 295,582 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Grants | 161,559 | 103,981 | 265,540 | |||
| Net gains/(losses) on investments |
(201,000) | (201,000) | ||||
| NET hvtCOMK/(EXPENDITURE) | (176,226) | 5,268 | (170,958) | |||
| Transfers between funds |
27,061 | ~27,061) | ||||
| Net movement in funds |
(149,165) | (21,793) | (170,958) | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | (288,642) | 47,463 | (241,179) | ||
| TOTAL FUNDS CARRIED FORWARD | (437,807) | 25,670 | ~412,137) | |||
| 8. | TANGIBLE FIXED | ASSETS | ||||
| Fixtures | ||||||
| and | ||||||
| fittings | ||||||
| COST | ||||||
| At 1 April 2020 and 31 | March 2021 | 18,563 | ||||
| DEPRECIATION | ||||||
| At 1 April 2020 and 31 | March 2021 | 18,563 | ||||
| NET BOOK VALUE | ||||||
| At 31March 2021 | ||||||
| At 31March 2020 |
| WEST WALES ACTION FOR iVfENTAL HEALTH | WEST WALES ACTION FOR iVfENTAL HEALTH | WEST WALES ACTION FOR iVfENTAL HEALTH | ||
|---|---|---|---|---|
| NOTES TO THE FINANCIAL STATEMENTS FOR THK YEAR ENDED 31 | MARCH 2021...contiuued | |||
| DEBTORS: AMOUNTS FALLING DUK WITHIN ONE YEAR | 2021 | 2020 | ||
| I | ||||
| Trade debtors | 7, 129 | 19,670 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN OtsKE YEAR |
2021 | 2020 | ||
| I | ||||
| Trade creditors | 1,575 | 2,259 | ||
| MOVEMENT IN FUNDS | Net | Transfers | ||
| movement | between | At | ||
| At 1.4.20 | in funds | funds | 31.3.21 | |
| Unrestricted funds General fund Pension Fund |
70,193 (508,000) |
49,901 24,000 |
4,810 | 124,904 ~484,000) |
| (437,807) | 73,901 | 4,810 | (359,096) | |
| Restricted funds Ceredigion Dev Worker Pembrokeshire Dev Worker Mind Your Heart Spirituality Golfing Project Am Dro Am Glonc Mental Health Forums |
2,066 17,194 616 3,817 1,977 |
2, 168 (2,099) (12,262) 58 |
2,099 (4,932) (1,977) |
4,234 616 3,817 |
| 25,670 | ~12,135) | ~4,810) | 8,725 | |
| TOTAL FUNDS | ~412,137) | 61,766 | ~350,371) | |
| Net movemeut in funds, included |
in the above are as follows'. | |||
| Incoming resources |
Resources expended |
Gains and losses |
Movement in funds |
|
| Unrestricted funds General fund Pension Fund |
225,982 | (176,081) | 24,000 | 49,901 24,000 |
| 225,982 | (176,081) | 24,000 | 73,901 | |
| Restricted funds Ceredigion Dev Worker Pembrokeshire Dev Worker Mind Your Heart Mental Health Forums |
21,256 14,310 9,174 1,178 |
(19,088) (16,409) (21,436) ~1,120) |
2,168 (2,099) (12,262) 58 |
|
| 45,918 | ~58,053) | (12,135) | ||
| TOTAL FUNDS | 271,900 | ~234, 134) | 24,000 | 61,766 |
| Comparatives f |
or movement In funds |
||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.19 | in funds | funds | 31.3.20 | ||
| f | |||||
| Unrestricted funds |
|||||
| General fund | 18,358 | 24,774 | 27,061 | 70,193 | |
| Pension Fund | (307,000) | (201,000) | (508,000) | ||
| (288,642) | (176,226) | 27,061 | (437,807) | ||
| Restricted funds |
|||||
| Carmarthenshire | Dev Worker | (1,834) | 1,834 | ||
| Ceredigion Dev Worker | 2,066 | 2,066 | |||
| Pembrokeshire Dev Worker |
(8,037) | 8,037 | |||
| Mind Yow Heart | 8,641 | 13,485 | (4,932) | 17,194 | |
| Spirituality | 616 | 616 | |||
| Golfing Project | 4,229 | (412) | 3,817 | ||
| Am Dro Am Glonc | 1,977 | 1,977 | |||
| Mind Your Heart | Reserve | 32,000 | ~32,000) | ||
| 47,463 | 5,268 | ~27,061) | 25,670 | ||
| TOTAL FUNDS | ~241,179) | (170,958) | ~412,137) |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds I |
||
| Unrestricted funds |
|||||
| General fund | 186,333 | (161,559) | 24,774 | ||
| Pension Fund | (201,000) | ~201,000) | |||
| 186,333 | (161,559) | (201,000) | (176,226) | ||
| Restricted funds |
|||||
| Carmarthenshire | Dev Worker | 29,396 | (31,230) | (1,834) | |
| Ceredigion Dev |
Worker | 22,674 | (20,608) | 2,066 | |
| Pembrokeshire | Dev Worker | 14,308 | (22,345) | (8,037) | |
| Mind Your Heart | 36,700 | (23,215) | 13,485 | ||
| Mental Health Forums Golfing Project |
6,171 | (6,171) ~412) |
(412) | ||
| 109,249 | (103,981) | 5,268 | |||
| TOTAL FUNDS | 295,582 | ~265,540) | (201,000) | ~170,958) |
| A current year 12 months |
and prior year 12 months | combined |
position is as follo | ws: | |
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.19 | in funds | funds | 31.3.21 | ||
| I | |||||
| Unrestricted funds General fund Pension Fund |
18,358 ~307,000) |
74,675 ~177,000) |
31,871 | 124,904 (484,000) |
|
| (288,642) | (102,325) | 31,871 | (359,096) | ||
| Restricted funds Carmarthenshire Dev Worker Ceredigion Dev Worker Pembrokesbire Dev Worker Mind Your Heart Spirituality Golfing Project Am Dro Am Glonc Mind Your Heart Reserve Mental Health Forums |
8,641 616 4,229 1,977 32,000 |
(1,834) 4,234 (i0,136) 1,223 (412) 58 |
1,834 10,136 (9,864) (1,977) (32,000) |
4,234 616 3,817 |
|
| 47,463 | ~6,867) | ~31,871) | 8,725 | ||
| TOTAL FUNDS | ~241,179) | ||||
| A current year 12 months |
and prior year 12 months | combined | net movement m |
funds, included |
in the above are |
| as foUows; | |||||
| lnconung | Resources | Gams and | Movement | ||
| resources | expended | losses | in funds | ||
| Unrestricted funds General fund Pension Fund |
412,315 | (337,640) | (177,000) | 74,675 (177,000) |
|
| 412,315 | (337,640) | (177,000) | (102,325) | ||
| Restricted funds Carmarthenshire Dev Worker Ceredigion Dev Worker Pembrokeshire Dev Worker Mind Your Heart Mental Health Forums Golfing Project Mental Health Fonims |
29,396 43,930 28,618 45,874 6,171 1,178 |
(31,230) (39,696) (38,754) (44,651) (6,171) (412) ~I,120) |
(1,834) 4,234 (10,136) 1,223 (412) 58 |
||
| 155,167 | ~162,034) | ~6,867) | |||
| TOTAL FUNDS | 567,482 | ~499,674) | ~177,000) | ~109,192) |
| The amounts recognised in the statement |
offinancial pos | ition are as | follows: | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| Fair value ofscheme assets Present Value ofdefined benefit obligation |
1,428,000 1,154,000 ~1.912.000)~1,662,000) |
|||
| Defined benetit pension scheme deficit | (484,000) | (508,000) | ||
| Defined Benefit Obligation | ||||
| Changes in the defined benefit obligation |
are as follows: | |||
| 2021 | ||||
| Present value at start ofyear | 1,662.000 | |||
| Current Service Cost | 41,000 | |||
| Interest | 41,000 | |||
| Members' Contributions |
7,000 | |||
| Past Service Cost | ||||
| Remeasurements (liabdities) Benefits/transfers paid |
222,000 ~6),000) |
|||
| Present value at end ofyear | 1,912,000 | |||
| Fair Value ofscheme assets | ||||
| Changes in I'he fair value ofscheme assets |
are as follows. | ' | ||
| Fair Value at start ofyear | 1,154,000 | |||
| Interest income | 27,000 | |||
| Remeasurements (assets) |
278,000 | |||
| Administration Expenses |
||||
| Employer Contributions Member contributions Benefits Paid |
23,000 7,000 ~6).000) |
|||
| Fair value at end ofyear | 1,428,000 |
| INCOME | AND ENDOWMENTS | AND ENDOWMENTS | AND ENDOWMENTS | ||
|---|---|---|---|---|---|
| Donations | aad legacies | ||||
| Donations | 2,788 | 1,338 | |||
| Investment | income | ||||
| Interest Received | 103 | 238 | |||
| Charitable | activities | ||||
| Grants | 269,009 | 294,006 | |||
| Total incoming resources |
271,900 | 295,582 | |||
| EXPENDITURE | |||||
| Charitable | activities | ||||
| Wages | 147,274 | 162,876 | |||
| Social secunty | 8,727 | 11,985 | |||
| Pensions | 23,599 | 27,329 | |||
| Rent Paid | 11,000 | 11,000 | |||
| Insurance | 914 | 887 | |||
| Telephone | 3,955 | 3,283 | |||
| Postage and stationery | 4,618 | 6,669 | |||
| Advertising | 8,297 | 383 | |||
| Sundries | 24,310 | 39,520 | |||
| 232,694 | 263,932 | ||||
| Support costs | |||||
| Governance costs |
|||||
| Trustees' | expenses | 168 | |||
| Auditors' | remuneration | for non audit work | 1,440 | 1,440 | |
| 1,440 | 1,608 | ||||
| Total resources expended | 234,134 | 265,540 | |||
| Net income | before gains | and losses | 37,766 | 30,042 | |
| Realised recognised | gains and losses | ||||
| Actuarial | Losses on | Pension | 24,000 | ~201,000) | |
| Net income/(expenditure) | 61,766 | (170,958) |