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2022-03-31-accounts

Trustees
and Directors		 Report 2 - I I
Statement ofTrustees and Directors Responsibilities 12
Independent
Examiner's		 Report 13 - 14
Statement of Financial Activities 15
Balance Sheet 16
Statement of Financial Activities (Prior Year) 17
Cash Flow Statement 18
Notes to the Financial Statements 19-29

Unrestricted Restricted
Note funds funds 2022 2021
Income from: Ib
Donations
and legacies		 2 1,105 1,105 3,065
Charitable
activities		 ( Generalist A & I) 3 4,531 4,531 38,065
Charitable
activities		 ( Specialist A & I) 632,523 632,523 585,102
Other
(including
fundralsing)		 1,848 1,391 3,239 541
Total 7,484 633,914 641,398 626,773
Expenditure
on:
Charitable
activities		 ( Generalist A&I) 442 442 39,541
Charitable
activities		 ( Specialist A&i) 615,798 615,798 474,121
Other
Total Expenditure 442 615,798 616,240 513,662
Other gains/losses
Assets		 on investment 2,015 2,01~ ~1,281
Net income/(expenditure) 9,057 18,116 27,173 111,830
before transfers
Transfers
between		 funds 13 1,608 1,608
Net movement
in funds for		 the
year 10,665 16,508 27,173 111,830
Reconciliation
of		 funds:
Balances brought
forward		 12 386,725 79,971 466,696 354,866
Balances carried forward 12 397,390 96,479 493,869 466,696

Unrestricted Restricted Total Total
Note Funds Funds 2022 2021
8
Fixed Assets 8 68,325 68,325 74,095
Investments 9 9,241 9,241 7,226
Current Assets
Debtors 10 1,656 31,658 33,314 155,883
Cash at bank and in hand 333,920 149,286 483,206 380,393
335,576 180,944 516,520 536,276
Creditors
- amounts		 falling due
within one year 11 15,752 84,465 100,217 150,901
Net Current Assets 319,824 96,479 416,303 385,375
Net assets 397,390 96,479 493,869 466,696
Represented by:
Funds ofthe Charity
Unrestricted
funds:
General
funds		 13 247,390 247,390 266,725
Designated
funds		 13 150,000 150,000 120,000
Restricted
Funds		 13 96,479 96,479 79,971
12 397,390 96,479 493,869 466,696
Total
Unrestricted Restricted funds
funds funds 2021 2020
F F 6 8
Income from:
Donations and legacies 3,065 3,065 2,902
Charitable activities ( Generalist A & I) 38,065 38,065 68,364
Charitable activities ( Specialist A & I) 585,102 585,102 349,216
Other (including
fundraising)		 541 541 793
Total 41,671 585,102 626,773 421,275
Expenditure
on:
Charitable activities ( Generalist A&i) 39,541 39,541 36,027
Charitable activities ( Specialist A&i) 474,121 474,121 362,590
Other
Total Expenditure 39,541 474,121 513,662 398,617
Other gains/losses on investment Assets 1,281 ~1,281 ~451
Net income/(expenditure) 849 110,981 111,830 22,207
before transfers
Transfers between funds 42,622 42,622
Net movement
in		 funds for the year 43,471 68,359 111,830 22,207
Reconciliation
of		 funds:
Balances brought
forward		 343,254 11,612 354,866 332,659
Balances carried forward 386,725 79,971 466,696 354,866

2022 2021
F
Net cash used
in operating
activities
Net movement
in funds for the		 reporting period 27,173 111,830
Adjustments
for:
Depredation
Charges		 10,784 12,904
Decrease/(increase)
in debtors		 122,569 (122,151
)
(Decrease)/increase
in creditors		 57,608 18,475
Decrease/(increase)
in Investment		 valuation (2,015) 1,281
Fixed asset written
off
Net cash (used by)/provided by operating activities 216,119 22,339
Cash flows from investing
activities
Purchase
of office equipment		 (5,014) (13,965)
fixed asset disposals
(5,014) (13,965)
Total net cash (used by)/provided by operating and investing activities 211,105 8,374
Cash and cash equivalents
at		 the beginning ofthe year 272,101 263,727
Total cash and cash equivalents at the end ofthe year 483,206 272,101

Donations
and		 legacies
Total Total
Unrestricted Restricted 2022 2021
6 E F
Voluntary
income
Donations 1,105 1,105 3,065
1,105 1,105 3,065
3 income from Charitable Activities
Total Total
Unrestricted Restricted 2022 2021
6 F
Citizens Advice- Welsh Government SAF* 168,197 168,197 204,020
Citizens Advice- DWP Help to Claim 35,018 35,018 46,185
Citizens Advice- Energy Advice Project 27,435 27,435 8,640
Citizens Advice- BGETWarmer Wales 20,034 20,034 19,869
WCVA-Vol Wales 18,000 18,000
Citizens Advice-various
grants		 10,804
Citizens Advice BEISRemote working fund 16,110
Citizens Advice Single Queue uplift fund 10,000
Citizens Advice HMPT Phone chat/email grant 10,000
Welsh Government
WCVA-Voluntary		 Services
Recovery Fund 62,549 62,549 73,188
Ceredigion
County Council Warm Homes		 Fund 33,536 33,536 42,750
Pembrokeshire County Council 4,061 4,061 4,061
Cardigan
Town		 Council 2,500
Aberystwyth
Town Council		 4,000
Warm Wales Cymru
Cynnes CBC-Energy		 Pilot 82,658 82,658
Citizens Advice-BEIS Innovation 82 82 25,000
Energy Savings Trust Covid 19 Crisis Fund 22,156
Energy Savings Trust-Cosy
Ceredigion		 28,654 28,654
Energy Savings Trust-Voucher Scheme 38,819 38,819
CAVO-ICF C3RDSCRT 88,643 88,643 88,643
BGET-Innovation 26,898 26,898
Western
Power		 Distribution-Covid
19		 18,541
Community
Fund
in Wales-Covid		 19 15,000
AGH Pilot funds 2,000 2,000
Other Grants for Services 470 470 1,700
4,531 632,523 637,054 623,167

come from Charita ble
Activities continued.		 ..
The Welsh Government
of;
Community
Focus		 Single Advice Fund was made up F
84,539
Specialist Advice-Debt 41,836
Specialist Advice-Other 13,704
Claim Whats Yours 26,425
Test & Learn - Income Max (see below) 18,457
Employment
Capacity
Building (see below)
less a 2020/21 Clawback		 8,507
~25,277
168,197
Cyngor ar Bopeth Ceredigion Cyngor ar Bopeth Ceredigion Cyngor ar Bopeth Ceredigion Citizens Advice acted as agent for the following Citizens Advice acted as agent for the following Citizens Advice acted as agent for the following Citizens Advice acted as agent for the following Citizens Advice acted as agent for the following Citizens Advice acted as agent for the following SAF funds
f
Test 8 Learn - Income Max (see below)
Payments		 Income
to Partners		 90,000
~71,543
Net Income to Ceredigion included above 18,457
Employment
Capacity		 Building (see below) Income 30,348
P 7 t t P ~ ~27,547
Net Income to Ceredigion included above 8,507
4 Activities for generating funds Unrestricted Restrictedf 2022f 2021
f
Rent from bureau
meeting		 rooms 212
212
Investment
income
Increase
in Investment		 value 2,015 2,015
Bank Interest received 163 163 329
Total Investment
Income		 2,178 2,178 329
Miscellaneous 1,685 1,391 3,076
Total Other Income 3,863 1,391 5,254 541

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Total		 2021
Total
Charitable Activities
Staff costs 364,951 364,951 318,075
Other direct costs 442 56,179 56,621 73,892
Support costs 194,668 194,668 121,695
Total Expenditure by Activity 442 615,798 616,240 513,662
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Total		 Basis of
allocation
Governance 2,819 2,819 Staffing ratio
Management 121,287 121,287 Staffing ratio
Staff &Volunteer 9,247 9,247 Staffing ratio
Office, IT & communications 56,004 56,004 Staffing ratio
Premises 4,644 4,644 Staffing ratio
Other 667 667 Staffing ratio
Activity Total 194,668 194,668

6 Net income l (exp enditur e )
for th		 e year
2022 2021
8
This is stated after charging:
Depreciation 10,784 12,904
Auditors'
remuneration
Audit services 2,340 1,902
Other Accountancy services from the Examiner 54
Citizens Advice for 12 months of Financial Management Support 5,400 5,400
7 Information regarding Trustees, Directors and Employees
2,022 2,021
6 6
Wages and salaries 452,568 369,772
Social security costs 25,257 21,217
Pension costs 8,413 6,810
486,238 397,799
The average
number		 of FTE employees, analysed by function was:
2022 2021
Charitable
purposes		 16 14
Management and administration ofcharity 4 3
20 17

Fixed Assets
Freehold Fixtures,
land and fittings and
buildings equipment Total
Cost
At 1 April 2021 89,707 155,404 245,111
Additions 5,014 5,014
Disposals
At 31 March 2022 89,707 160,418 250,125
Depreciation
At 1 April 2021 37,675 133,341 171,016
Charge for the year 1,794 8,990 10,784
Disposals
At 31 March 2022 39,469 142,331 181,800
Net book value 2022 50,238 18,087 68,325
Net book value 2021 52,032 22,063 74,095
9 Fixed Asset Investments
Listed
Investments
6
FAIR VALUE
At 1 April 2021 7,226
Revaluations 2,015
At 31 March 2022 9,241
NET BOOK VALUE
At 31 March 2022 9,241
At 1 April 2021 7,226

Debtors
Total Total
2022 2021
F F
Prepayments 1,488 3,447
Accrued Income 31,658 152,436
Other Debtors 168
33,314 155,883

Total Total
2022 2021
F
Pension Creditor 2,073 1,399
Accruals 3,171 2,524
Deferred Income 6,998 1,208
Trade Creditors (Partner Payments) 17,607 37,478
Other Creditors 70,368 108,292
100,217 150,901

Analys is of net assets between funds Total
General Designated Restricted 2022
Funds Funds Funds Funds
F f
Tangible Fixed Assets 68,325 68,325
Investments 9,241 9,241
Current Assets 185,576 150,000 180,944 516,520
Current Liabilities 15,752 84,465 100,217
Net Assets 247,390 150,000 96,479 493,869

Movement
in funds
Income/ Expenditure/
At 1 Recognition Recognitio
n		 At 31
April of Gain of Los
s		 Transfers March
2021f F E 6 2022
F
Restricted Funds
Welsh Government
SAF from Citizens Advice		 25,271 169,495 (198,338) 3,572
DWP-Help to Claim from Citizens Advice 35,018 (34,734) 284
Energy Advice Programme from Citizens
Advice 27,435 (1,166) 26,269
BGETWarmer Wales from Citizens Advice 2,317 20,034 (14,939) 7,412
WCVA-Vol Wales 18,000 (18,019) 19
BEISremote working from Citizens Advice 2,145 2,145
Single Queue
uplift
from Citizens Advice		 10,000 (1,484) 8,516
HMPT Phone chat and email from Citizens
Advice 10,000 (1,484) 8,516
WCVA-VSRF-Welsh Government 11,559 62,642 (71,555) 2,646
Ceredigion
CC Warm		 Homes Fund 5,354 33,536 (30,217) 8,673
Warm Wales Cymru Cynnes 82,658 (77,591) (5,000) 67
BEISInnovation
from		 Citizens Advice 8,674 82 (4,034) 4,722
Energy Savings Trust-Cosy Ceredigion 28,654 (19,746) 8,908
Energy Savings Trust-Voucher
Scheme		 38,819 (32,500) 6,319
CAVO -ICF 88,643 (87,134) 1,509
BGET Innovation-British Gas 26,898 (20,857) 6,041
Western Power Distribution 1,764 1,764
Energy Redress 2,688 2,688
AGH Pilot funds 2,000 (2,000)
Restricted
Fixed Assets		 199 199
Total Restricted
Funds		 79,971 633,914 615,798 1,608 96,479
Unrestricted
Funds
General Funds 192,829 9,499 (442) (22,821) 179,065
Unrestricted
Fixed Assets Fixtures		 & Fittings 73,896 (5,571) 68,325
Designated
reserves
Redundancy 50,000 23,000 73,000
IT Upgrade
fund		 25,000 25,000
Communications
Strategy		 10,000 10,000
Building
Dilapidations		 Fund 42,000 42,000
Covid-19 fund 45,000 45,000
Total Unrestricted
funds		 386,725 9,499 442 1,608 397,390
Total funds 466,696 643,413 616,240 493,869

Analys is of net assets between funds Total
General Designated Restricted 2021
Funds Funds Funds Funds
6 F F
Tangible Fixed Assets 73,897 199 74,096
Investments 7,226 7,226
Current Assets 190,470 120,000 140,856 451,326
Current Liabilities 4,866 61,084 65,950
Net Assets 266,727 120,000 79,971 466,698

Movement
in fund		 s
Income/ Expenditure/
Recognition Recognition
of		 At 31
At 1 April of Gain Loss Transfers March
2020 2021
F 6 6 6
Restricted
Funds
Welsh Government SAF 204,020 (178,749) 25,271
DWP-Help to Claim 46,185 (46,200) 15
Warm Homes Fund 42,750 (37,396) 5,354
Western
Power Distribution		 18,541 (16,777) 1,764
BGETWarmer Wales 19,869 (17,552) 2,317
WCVA-VSRF 73,188 (61,629) 11,559
BEISInnovation 25,000 (16,326) 8,674
Energy Redress 22,156 (19,468) 2,688
BEISremote working 16,110 (13,965) 2,145
HMPT Phone chat and email 10,000 10,000
Single Queue
uplift		 10,000 10,000
Energy Advice Programme 8,640 (8,640)
CAVO -ICF 10,988 88,643 (70,959) (28,672)
Restricted
Fixed Assets		 624 425 199
Total Restricted
Funds		 11,612 585,102 474,121 42,622 79,971
Unrestricted
Funds
General Funds 150,845 40,184 (40,822) 42,622 192,829
Unrestricted
Fixed Assets		 72,409 1,487 73,896
Designated
reserves
Redundancy 50,000 50,000
IT Upgrade
fund		 25,000 25,000
Covid-19 fund 45,000 45,000
Total Unrestricted
funds		 343,254 41,671 40,822 42,622 386,725
Total funds 354,866 626,773 514,943 466,696