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2020-12-31-accounts

fully detail ed in the accounts, can be summarised
as follo		 ws:-
2020 2019
Net income 0,429) 1,950
Unrestricted
purposes of		 Revenue Funds available for the general
the charity		 25,735 27,856
Restricted Revenue Funds 6,450 5,758
Total Funds 32,185 33,614

Current year Current year Current year Prior Year
Vnrestrictsd Restricted Total Funds TotslFunds
Funds Funds
2020 2020 2020 2019
s
Income &Endowments from:
Donations &Legacies Ai 31,011 3,926 34,937 18,638
Charitable
activities		 A2 21,507 21,507 43,785
Other A5 5 5 100
Total income 52,523 3,926 56,449 62,523
Expenditure
on:
Charitable
activities		 B2 54,644 3,234 57,878 60,573
Totalcxpenditure 54,644 3,234 57,878 60,573
Net (expenditure)/income fer the year (2,121) 692 (1,429) 1,950
Net (expenditure)/iacome after
transfers A-B-C (2,121) 692 (1,429) 1,950
Net movement
in fonda		 (2,121) 692 (1,429) 1,950
Reconciliation offunds:- E
Total fonda brought forward 27,856 5,758 33,614 31,664
Total funds carried forward 25,735 6,450 32,185 33,614

XLWales - Resources applied XLWales - Resources applied in the year ended 31December 2020 towards in the year ended 31December 2020 towards fixed assets for Charity fixed assets for Charity
use:-
2020 2019
6
Funds generated in the year as detailed in the SOFA (1,429) 1,950
Net resources available to fund charitable activities (1,429) 1,950
Unrestricted Restricted Total Last year
Funds Funds Funds Total Funds
2020 2020 2020 2019
Accumulated funds brought forward 27,856 5,758 33,614 31,664
Recognised gains and losses before (2,121) 692 (1,429) 1,950
transfers
25,735 6&450 32,185 33,614
Closing revenue funds 25,735 6&450 32,185 33,614
Summary of funds Unrestricted Restricted Total Last Year
and Funds Funds Total Funds
nssianstsd
funds
2020 2020 2020 2019
s s
Revenue accumulated funds 25,735 6,450 32,185 33,614

Income and Expenditure
Acc
Companies Act 2006		 o unt f or th e year ended 31 December 202 0 as required
by the
2020 2019
0 0
Income
Income from operations 56,444 62,423
Investmentincome
Other operating
income
Gross income in tbe year before exceptional items 56,449 62,523
Gross income ia tbe year iacluding exceptional items 56,449 62,523
Expenditure
Charitable
expenditure,
excluding
depreciation		 and smortisation 55,451 56,477
Depreciation
snd smortisstion		 1,283 2,968
Governance
costs		 1,144 1,128
Realised losses
on disposals ofsocial		 investments which are prognunme related
Total expenditure
in tbe year		 57,878 60,573
Net income before tax in the finaucial year (1,429) 1,950
Tax on surplus
on orduuuy
activities
Net iacome after tsx in the financial year (1,429) 1,950
Retained surplus for tbe tinancial year (1,429) 1,950
All activities derive from continuing operations

SORP
Note Ref 2020 2019
8
Hxed assets A
Tangil&le assets 8 A2 1,367 2,650
Current assets B
Debtors 9 B2 225 725
Cash at bank and in hand B4 32,537 31,367
Total current assets 32,762 32,092
Creditors: amounts falling due within one
year 10 C1 (1,944) (1,128)
Net current assets 30,818 30,964
The total net assets ofthe charity 32,185 33,614
Tbe total net assets oftbe charity are funded by tbe fuads of the charity, as follows:-
Restricted funds
Restricted Revenue Funds 14 D2 6,450 5,758
6,450 5,758
Unrestricted
Funds
Unrestricted
Revenue Funds		 14 D3 25,735 27,856
25,735 27,856
Designated
Funds
Total charity funds 32,185 33&614

2020 2019
The net surplus
before tax in the		 financial year is stated after charging:-
Depreciation ofowned fixed assets ],283 2,968
Pension costs 864 714
6 Staff costs and emoluments
Sulmy costs 2020 2019
Gross Salaries excluding trustees and key management
personnel		 47,464 46,446
Employer's
operating costs ofdefined contribution		 pension schemes 864 714
Total salaries, wages and related costs 48,328 47,160
The average number ofpart time staff employed
in		 the year was
The estimated
full time equivalent		 number ofall staf employed in the year was
The cwimaied equivalent
number		 offull time staffdeployed in diferent aedviries ln the year wusi-
Engaged on charitable
activities
The estimated fidl time equivalent au~bar ofall sniff employed asabove

No No
Numbers ofsuch staffro whom benefits are accruing:-
Under defined contribution pension schemes
Highest paid employee
The remuneration
in the year year was		 15,911 15,261
Pension contributions
paid		 by the employer 628 260
Total remuneration
package included in total salaries above		 6je 1

Current
Year		 Pleat &
Machinery		 Total
Cost
At 1 Jaauary 2020 20,560 20,560
At31December 2020 20,560 20,560
Depreciation
At I January2020 17,910 17,910
Charge for the year 1,283 1,283
At31December 2020 19,193
Net book value
At 31December 2020 1,367 1467
At31December 2019 2 650 2,650

Prior Year Plant ih
Machinery		 Total
Cost
Ol January 2019 20,560 20,560
01 January
2020		 20,560 2D
6D
Depreciation
Ol Jsnuary2019 14,942 14,942
Charge for the year 2,968 2,968
01 January 2020 17,910 17,910
Net book value
01January
2020		 26%
01Jsausry 2019 6619
9 Debtors
2020 2019
f
Trade debtors 500
Other debtors 225 225
225 725
10 Creditors: amouats falling due within one year 2020 2019
Accruals 1,144 1,128
Other creditors 800
1,944 19128
11 Income aad Expenditure account summary 2020 2019
f
Atl January
2020		 33,614 31,664
Surplus(deficit)
for the		 year (1,429) 1,950
At 31December 2020 32,185 33,614
12 No related party trsnsactious

At 31December 2020 Unrectrtcted Dcclgeotcd Restricted Totol
funds fuadc funds Fends
Tangible Fixed Assets 1,367 1,367
Current Assets 26,312 6,450 32,762
Current Liabilities (1,944) (1,944)
25,735 6,450 32,185
At 1January 2020 Unrestricted Designated Restricted Total
funds funds funds Feeds
Tangible Fixed Assets 2,650 2,650
Current Assets 26,334 5,758 32,092
Current Liabilities (1,128) (1,128)
27,856 5,758 33,614
Change in total funds over the year as shown i a Note 13,analysed
by in		 dividual
funds
Funds brought Movement ie Transfers Funds carried
forward
from		 funds in 2020 betwem funds forward to
2019 in 2020 2021
Unrestricted
and designated funds:-
Unrcsttictal
Revenue Funds		 27,856 (2,121) 25,735
Total unresiricted
and designated		 funds 27,856 (2,121) 25,735
ftestri cledfaadst-
Integrated
Care Fund		 5,758 692 6,450
Total restricted
funds		 5,758 692 6,450
Total charity funds 33,614 (1,429) 32,185

Other
Income Expenditure Gains a Movement
Losses in funds
2020 2020 2020 2020
Unrasrricrad and desigutued funds:-
Unrestricted Revenue Funds 52,523 (54,644) (2rl22)
Rasni ctedfund@:-
Integrated Care Fund 3,926 (3,234) 692
56,449 (57,87B) (1,429)

Current year Current year Current year Prior Year
Vnrcstrictcd Restricted Total Funds Total Feeds
Funds Funds
2e20 2929 202e 2019
Revenue grants from government
and		 public
bodies
Welsh Government Integrated Care Fund 3,926 3,926 8,238
City and County ofSwansea
Young Persons Partnership		 Children and 1,720 1,720 2,800
City &County ofSwansea -
Grant		 Outdoor Play 500
Coronavirus
Job Retention Schane Grant		 15,231 15,231
Welsh Government
Economic Resilience		 Fund
Grant 10,000 10,000
City and County ofSwansea COVID-19 Grant 3,000 3,000
Total public sector revenue grants 29,951 3,926 33,877 11,538
Current
year		 Current year Current year' Prior Year
Vnrestricted Restricted Total Funds Total Fsods
Funds Funds
2020 2e2e 202e 2ei9
Revenue grants and donations from non
public bodies
The Llysdinam
Trust		 1,000 1,000 1,000
Oakdale Trust 1,000
WH Smith 100
Garfield Weston 5,000
Blakemore Foundation 60 60
Total private sector revenue grants 1,060 1,060 7&100
Total Donations, Grants and
Legacies		 Al 31,011 3&126 34,937 18,638

Current year Current year Current year Current year Prior Year
Unrestricted Rsstricted Total Funds Total tmds
Funds Funds
2020 2020 2020 2019
Primary purpose snd ancillary trading
Out ofschool activities 15,617 15,617 35,695
School rosdshows 5,890 5,890 7,695
Community
groups roadshows		 395
Total Primary
purpose		 und ancillary trading 21/07 21/07 43,785
20 Total Income from charitable activities
Current year Current year Current year Prior Year
Currentyear Unrestricted
Funds		 Restricted
Funds		 Total Funds Total Funds
2020 2020 2020 2019
Total income from charitable trading 21,507 21407 43,785
Total from charitable activities A2 21,507 21,507 43,785
21 Other income and gains
Current year Current year Current year Prior Year
Unrestricted Rsstncted Total Funds Total Funds
Currentyear Funds Funds
2020 2020 2020 2019
Sundry other income 100
Total other income A5 5 100

Current year Current year Current year Prior Year
Unrestricted Restricted Tolai Funds Totai Funds
Current
Year		 Funds Funds
2020 2020 1020 2019
Gross wages and salaries
activities		 —charitable 44,475 2.989 47,464 46,446
Defined contribution
charitable activities		 pension costs- 864 714
Travel and Subsistence
-		 Charitable
491 232 723 1&215
Activities
Marketing
and advertising
services		 ofcharitable 91 91
Materials
and equipment		 465 10 475 1@89
Rent 2,098 Z,098 2,805
Total direct spending BZa 48,484 3431 51,715 52,97$
23 Support costs for charitable activities
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Current
Year		 Funds Funds
2020 2020 2020 2019
Employee costs not included in direct costs
Training and welfare - statf 402 402 166
Premises Expenses
Light heat and power 145 145
Rent - storage rooms 691 691 749
Administrative
overheads
Telephone,
fax and internet		 189 1$9 178
Postage 1 4
Stationery
and printing		 42 42 129
Subscriptions
to periodicals		 553 553 236
Sundry expenses 114 114 469
Insurance 1,034 1,034 1,056
Professional feespaid to advisors other than the auditor orexaminer
Other legal and pmfessional 528 528 478
Financial costs
Credit card charges 34 34 38
Depreciation
6'c Amortisation		 in total for 1,283 1,283 2 st68
Support costs before reallocation 5,016 3 5,019 6,467
Total support costs - Current Year 5,016 3 5,019 6,467

Current
Year
Independent
Examiner's		 fees
Total Governance costs
Current year Current year Current yrur Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2020 2010 2010 2019
1,144 1,144 1,128
1,144 1,144 1,128
Current year Current year Current year Prior Year
Unrestricted Restricted TotsiFunds Tutut Funds
Funds Funds
2010 2020 2020 2019
48,484 3,231 51,715 52978
5,016 3 5,019 6rt67
1,144 1,144 1,128
54,644 3434 57,878 60473
Prior Year Prior Yuur Prior Year
Unrestricted Restricted TutuiFuuds
Prter Fear Funds Feuds
1019 2019 2019
Total direct spending B2a 52,978 52,978
Total support costs B2d 6,467 6,467
Total Governance
costs		 B2e 1,128 1,128
Total charitable expenditure B2 60473 60,573

fully detail ed
in the accounts, can be summarised
as follo		 ws:-
2020 2019
g
Net income (1,429) 1,950
Unrestricted
purposes of		 Revenue Funds available for the general
the charity		 25,735 27,856
Restricted Revenue Funds 6,450 5,758
Total Funds 32,185 33,614

Current year Current year Current year Prior Year
Ref Unrestricted Restricted Total funds Total Funds
Funds goads
2020 2020 2020 2019
s
income eiEndowments from:
Donations
//r Legacies		 Al 31,011 3,926 34,937 I8,638
Charitable
activities		 A2 21,507 21&507 43,785
Other A5 5 5 100
Total iacome 52&523 3,926 56,449 62423
Expenditure
on;
Charitable
activities		 B2 54,644 3,234 57,878 60,573
Total expenditore B 54,644 3,234 57,878 60,573
Net (expenditure)/income for tbe year (2,121) 692 (1,429) 1rt50
Net (expenditure)/income after
transfers A-B-C (2,121) 692 (1,429) 1,950
Net movemeat
in funds		 (2,121) 692 (1,429) 1,950
Reconciliation
offuads:-
Total fuads brought forward 27,856 5,758 33,614 31,664
Total funds carried forward 25&735 6,450 32,185 33,614

XLWales -
use:-		 Resources applied in the y ear ended 31Decembe r 2020 towards fbted assets for Charity
2020 2019
Funds generated in the year as detailed in the SOFA (1,429) 1,950
Net resources available to fund charitable activities ~1429 I 950
Unrestricted Restricted Total Last year
Funds Funds Funds Total Funds
2020 2020 2020 2019
Accumulated funds brought forward 27,856 5,758 33,614 31,664
Recognised gains and losses before (2,121) 692 (1,429) 1,950
transfers
25,735 6,450 32,185 33,614
Closing revenue funds 25,735 6,450 32,185 33,614
Summary of funds Uarcstrictcd Restricted Total Last Year
snd Funds Fuads Total Funds
Dsslgaatcd
funds
2020 2020 2020 2019
c
Revenue accumulated funds 25,735 6,450 32,185 33,614

Companies Act 20 06
2020 2019
Income
Income from operations 56,444 62,423
Investment
iacome
Other operating
income		 100
Gross income in tbe year before exceptional items 56,449 62,523
Gross income in tbe year including exceptional items 56,449 62,523
Expenditure
Charitable
expenditure,		 excluding
depreciation		 and amortisation 55,451 56,477
Depreciation
and amortisation		 1,283 2,968
Governance
costs		 1,144 1,128
Realised losses
on disposals ofsocial		 investments which are pmgramme related
Total expenditure
in		 tbe year 57,878 60,573
Net income before tax in the financial year (1,429) 1,950
Tax on surplus on ordinary
activities
Net income after tsx in the financial year (1,429) 1,950
Retained surplus for the financial year (I&429) 1,950
All activities derive from continuing operations

SORP
Note Ref 2020 20]9
Fixed assets A
Tangible assets 8 A2 1,367 2,650
Current assets B
Debtors 9 B2 225 725
Cash at bank and in hand B4 32,537 31,367
Total current assets 32,762 32,092
Creditersi
amounts		 falling due within one
year 10 Cl (1,944) (1,128)
Net current assets 30,818 30,964
The total net assets oftbe charity 32,185 33,614
The total net assets ofthe charity are funded by the funds ofthe charity, as follows:-
Restricted funds
Restricted Revenue Funds 14 D2 6,450 5,758
6,450 5,758
Unrestricted
Funds
Unrestricted
Revenue		 Funds 14 D3 25,735 27,856
25,735 27,856
Designated
Funds
Total charity funds 32,185 33,614

5 Net surplus
before tax in th		 e financial yea r
2020 2019
The net surplus before tax in the financial year is stated after charging:-
Depreciation ofowned fixed assets 1,283 2,968
Pension costs 864 714
6 Staff costs and emoluments
Salary costs 2020 2019
8
Gross Salaries excluding
trustees		 and key management
personnel		 47,464 46,446
Employer's
operating
costs ofdefined contribution		 pension schemes 864 714
Total salaries, wages and related costs 4$,32$ 47,160
The average number ofpart time staff employed
in		 the year was
The estimated
full time equivalent		 number ofall staff employed in the year was
The cari mated
equivalent
number		 offall time staff deployed in diferent acti vitiesin theyear nusi-
Engaged on charitable
activities
The carimated full time equi valent number ofall sraff employed as above

No No
Numbers
ofsuch staffto		 whom benefus are accruing:-
Under defined contribution pension schemes
Highest paid employee
The remuneration
in the year year was		 15,911 13,261
Pension contributions
paid		 by the employer 428 260
Total rem uneration package included in total salaries above 55»

Current year Plant gt
Machinery		 Total
Cost
At 1 January 2020 20,560 20,560
At 31December 2020 20,560 20~0
Depreciation
At I January 2020 17,910 17,910
Charge for the year 1,283 1,283
At 31December 2020 19,193 19,193
Net book value
At 31December 2020 1,367 1367
At 31December 2019 16 0 2,650

Prior Year Plant d Total
Machinery
Cost
01 Janusty 2019 20,560 20,560
01January 2020 20,560 20,560
Depreciation
01 January 2019 14,942 14,942
Charge for the year 2,968 2,968
01Jsauary 2020 17,910
Net book value
01January 2020 2,650 2,650
01 January 2019 5,618 5HI
9 Debtors
2020 2019
Trade debtors 500
Other debtors 225 225
225 725
10 Creditors: amounts fatting due within one year 2020 2019
Accrualr 1,144 1,128
Other creditors 800
1,944 1,128
11 Income snd Expenditure account summary 2020 2019
8
At 1January 2020 33,614 31,664
Surplus(deficit)
for the		 year (1,429) 1,950
At 31December 2020 32,185 33,614

At 31 December 2020 Unrestricted Designated Restricted Total
funds funds funds Funds
Tangible Fixed Assets 1,367 1,367
Current Assets 26,312 6,450 32,762
Cuncnt Liabilities (1,944) (1,944)
25,735 6,450 32,185
At 1January 2020 Unrestricted Desisasted Restrlca. d Total
fuads funds funds Fuads
Tangible Fixed Assets 2,650 2,650
Current Assets 26,334 5,758 32,092
Current Liabilities (1,128) (1,128)
27,856 5,758 33,614

Change in total funds over the year as shown i n Note 13,analysed
by ind		 ividual
funds
Funds brougbt Movement
ln		 Transfers Funds carried
forward
from		 funds ia 2020 between fends forward to
2019 in 2020 2021
Unrestricted
and designated funds:-
Unrestricted
Revenue Funds		 27,856 (2,)21) 25,735
Total unrestricted
and designated		 funds 27,856 (2,121) 25,735
Restricted funds:-
Integrated
Care Fund		 5,758 692 6,450
Total restricted
funds		 5,758 692 6,450
Totalcbarity
funds		 33,614 (1,429) 32s185

Analysis o fmovements
ia funds over the year a		 s shown in Note 14
Other
Income Kxpeadtmre Gates 4& Movement
Losses ia funds
2020 2020 2020 2020
Unrestricted end designared funds:-
Unrestricted Revenue Funds 52,523 (54,644) (2,121)
Restricted funds:-
Integrated Care Fund 3,926 (3,234) 692
56,449 (57,878) (I&429)

Current year Current year Current year Prior Year
Vnrcstrtcted Restricted Total Funds Total Funds
Fuses Funds
2929 2S20 2020 2019
Revenue greats from goverament
and		 public
bodies
Welsh Government
Integrated		 Care Fund 3,926 3,926 8,238
City and County ofSwansea
Young Persons Partnership		 Children and 1,720 1,720 2,800
City EcCounty ofSwansea - Outdoor Play 500
Gnmt
Comnavirus
Job Retention		 Scheme Grant 15,231 15,231
Welsh Govanment
Economic Resilience
Grant		 Fund 10,000 10,000
City and County ofSwansea COVID-19 Grant 3,000 3,000
Total public sector revenue greats 29,951 3,926 33,877 11438
Current year Current year Current year' Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2020 2e20 2020 2919
Revenue grants and donations
from		 non
public bodies
The Llysdinsm
Trust		 1,000 1,000 1,000
Oakdale Trust 1,000
WH Smith 100
Garfield Weston 5,000
Blakemoie Foundation 60 60
Total private sector revenue grants 1,060 1,060 7,100
Total Donations, Grants
Legacies		 and Al 31,011 3,926 34,937 18,638

Currentyear Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total funds
Funds Funds
2020 2020 2020 2019
Primary
purpose snd ancillary tradiag
Out ofschool activities 15,617 15&617 35,695
School rosdshows 5,890 5,890 7,695
Community
groups rosdshows		 395
Total Primary purpose and ancillary trading 21&507 21,507 43,785
Current year Current year Current year Prior Year
Current year Unrestricted
Funds		 Restricted
Funds		 Total Fuads Total Funds
2020 2020 2020 2019
Total income from charitable trading 21,507 21,507 43,785
Total from charitable activities A2 21407 21,507 43,785
21 Other income and gains
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Current year Funds Fuuds
2020 2020 2020 2e19
f
Sundr'y other income 100
Total other income A5 5 100

22 Expenditure
on char		 itable
 activities - Dire ct spending
Current year Current year Current year Prior Year
Unrestricted Restricted TotalFunds Total Funds
Current
Yeur		 Funds Funds
2020 2020 2020 2019
0
Gross wages and salaries - charitable
activities		 44,475 2,989 47,464 46,446
Defined contribution pension costs- 864 714
charitable
activities
Travel and Subsistence - Charitable
Activities		 491 232 723 1415
Marketing
and advertising of		 charitable 91 91
services
Materials
and equipment		 465 10 475 1489
Rent 2,098 2&098 2,$05
Total direct spending B2a 4$,484 3,231 51,715 52,978
23 Support costs for charitable activities
Current year Current year Current year Prior Year
Unrestricted Restrictut Total Funds Total Funds
Current
Year		 Funds Funds
2020 2020 2020 2019
1 4 4
Employee costs not included in direct costs
Training
and welfare - staff		 402 402 166
Premises Expenses
Light heat and power 145 145
Rent - storage rooms 691 691 749
Administrative
overheads
Telephone, fax and internet I89 189 178
Postage l 4
Stationery
and printing		 42 42 129
Subscriptions
to periodicals		 553 553 236
Sundry expenses 114 114 469
Insumnce 1,034 1,034 1,056
Professional feespoid so advisors other than the auditor or examiner
Other legal and professional 52$ 528 478
Financial costs
Credit card charges 34 34 38
Depreciation
st't Amortisation		 in total for 1,283 1,283 2,968
Support costs before reallocation 5,016 3 5,019 6,467
Total support costs - Current Year 5,016 3 5,019 6,467

Current year Currsat year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Current Year Funds Funds
1020 1010 1010 2019
Independent Examiner's fees 1,144 1,144 1,128
Total Governance costs 1,144 1,144 1,128
25 Total Charitable
expenditure
Current Year
Total direct spending B20
Total support costs B2d
Total Governance
costs		 B2e
Total charitable
expenditure		 B2
Current yssr Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2020 2020 2020 1019
48,484 3,231 51,715 52&978
5,016 3 5,019 6,467
1,144 1,144 1,128
54,644 3434 57,878 60473
Prior Year Prior Year Prior Year
Unrestricted Restricted Total Funds
Prior Year Funds Funds
2019 2019 2019
Total direct spending B2a 52,978 52,978
Totalsupportcosts B2d 6,467 6,467
Total Governance costs B2e 1,128 1,128
Total charitable
expenditure		 B2 60473 60,573