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||||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|||||
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||||||||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|||||||||
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||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|
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|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)|
##
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|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)|
##
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|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)|