2021-03-31-accounts

				31,3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
INCOMEANDENDOWMENTSFROM
Donationsandlegacies	2	1,558	-	1,558	239,680
Charitableactivities	5
ThirdSectorSupport		376,132	392,105	768,237	65,565
Othertradingactivities	3	4,833	-	4,833	22,412
Investmentincome	4	39,609	-	39,609	39,603
Otherincome		75	-	75	(8,184)
Total		422,207	392,105	814,312	359,076
EXPENDITUREON
Raisingfunds		52,851	2,164	55,015	57,874
Charitableactivities	6
ThirdSectorSupport		182,117	343,254	525,371	329,411
Other		30,000	;	30,000
Total		264,968	345,418	610,386	387,285
NETINCOME/(EXPENDITURE)		157,239	46,687	203,926	(28,209)
Transfersbetweenfunds	18	4,916	(4,916)	-	-
Otherrecognisedgains/(losscs)
Actuarialgains/(losses)ondefinedbenefit
schemes		(4,000)	-	(4,000)	(11,000)
Netmovementinfunds		158,155	41,771	199,926	(39,209)
RECONCILIATIONOFFUNDS
Totalfundsbroughtforward		(713,341)	156,832	(556,509)	(517,300)
TOTALFUNDSCARRIEDFORWARD		(555,186)	198,603	(356,583)	(556,509)

				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
FIXEDASSETS
Tangibleassets	13	31,031	125,700	156,731	174,793
CURRENTASSETS
Debtors	14	29,970	59,914	89,884	36,380
Cashatbankandinhand		228,781	131,792	360,573	60,648
		258,751	191,706	450,457	97,028
CREDITORS
Amountsfallingduewithinoneyear	15	(37,084)	(118,803)	(155,887)	(47,136)
NETCURRENTASSETS		221,667	72,903	294,570	49,892
TOTALASSETSLESSCURRENT
LIABILITIES		252,698	198,603	451,301	224,685
CREDITORS
Amountsfallingdueaftermorethanoneyear	16	(18,884)	-	(18,884)	(26,194)
PENSIONLIABILITY	19	(789,000)	-	(789,000)	(755,000)
NETASSETS/(LIABILITIES)		(555,186)	198,603	(356,583)	(556,509)
FUNDS	18
Unrestrictedfunds				(555,186)	(713,341)
Restrictedfunds				198,603	156,832
TOTALFUNDS				(356,583)	(556,509)

DONATIONSANDLEGACIES
	31.3.21	31.3.20
	£	£
Donations	238	282
Grants	-	237,479
Membership	1,320	1,780
Miscellaneousincome	-	139
	1,558	239,680

	31.3.21	31.3.20
	£	£
WCVA-ThirdSectorSupportWales	-	172,217
CarmarthenshireCountyCouncil	-	25,110
CUSP(ICF)	-	4,378
TransformationProgramme	-	11,258
HealthandWellbeing(ICF/Transfonnation)	-	24,516
		237,479

OTHERTRADINGACTIVITIES
	31.3.21	31.3.20
	£	£
Photocopyingandtelephonecharges	1,913	1,996
DeliveryofPlaySessions		2,380
Trainingworkshops		1,395
RoomHire	1,000	14,721
Officecleaning	1,560	1,560
Consultancy	360	360
	4,833	22,412
INVESTMENTINCOME
	31.3.21	31.3.20
	£	£
Rentsreceived	39,600	39,600
Depositaccountinterest	9	3
	39,609	39,603
INCOMEFROMCHARITABLEACTIVITIES
	31.3.21	31.3.20
	Third
	Sector	Total
	Support	activities
	£	£
Thirdsectorsupport	25,073	1,792
Grants	743,164	63,773
	768,237	65,565

Grantsreceived,includedintheabove,areasfollows:
	31.3.21	31.3.20
	£	£
WCVA-ThirdSectorSupportWales	325,948
CarmarthenshireCountyCouncil	25,110	-
GwirvolYouthLedGrant	6,650	6,650
RuralVolunteering	-	39,790
CCC OAPgrantdistribution	(673)	4,000
TransformationProgramme	72,146
WestWalesCarePartnership-DementiaICFProgramme	-	13,333
HealthandWellbeing(ICF/Transformation)	42,028
Carriedforward	471,209	63,773

INCOMEFROMCHARITABLEACTIVITIES- continued
	31.3.21	31.3.20
	£	£
Broughtforward	471,209	63,773
AgeCymru	38,863
VoluntaryRecovery(WelshGovernment)	152,991
WCVAComicReliefCovid-19Funding	26,591
VoluntarySendeesEmergencyFund(WCVA)	53,510
	743,164	63,773

		Grant
		fundingof
		activities	Support
	Direct	(seenote	costs(see
	Costs	7)	note8)	Totals
	£	£	£	£
ThirdSectorSupport	335,418	93,275	96,678	525,371

31.3.21	31.3.20
£	£
93,275	3,297

SUPPORTCOSTS
			Governance
	Management	Other	costs	Totals
	£	£	£	£
ThirdSectorSupport	87,914	1,468	7,296	96,678

	31.3.21	31.3.20
	£	£
Auditors'remuneration	4,140	4,140
Auditors'remunerationfornonauditwork	3,060	4,140
Depreciation-ownedassets	11,925	11,366
Depreciation-assetsonhirepurchasecontractsandfinanceleases	7,310	3,046
Surplusondisposaloffixedassets	(75)	(9,816)

STAFFCOSTS
	31.3.21	31.3.20
	£	£
Wagesandsalaries	237,233	190,726
Socialsecuritycosts	15,336	14,112
Otherpensioncosts	36,392	46,002
	288,961	250,840

	31.3.21	31.3.20
Supportandadministrativestaff	2	2
Managerialstaff	1	1
Thirdsectorsupport	8	9
	11	12

12.	COMPARATIVESFORTHE STATEMENTOFFINANCIALACTIVITIES	COMPARATIVESFORTHE STATEMENTOFFINANCIALACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
		£	£	£
	INCOMEANDENDOWMENTSFROM
	Donationsandlegacies	199,412	40,268	239.680
	Charitableactivities
	ThirdSectorSupport	1,792	63,773	65,565
	Othertradingactivities	22,412		22,412
	Investmentincome	39,603		39,603
	Otherincome	(8,184)		(8,184)
	Total	255,035	104,041	359,076
	EXPENDITUREON
	Raisingfunds	57,874		57,874
	Charitableactivities
	ThirdSectorSupport	257,896	71,515	329,411
	Total	315,770	71,515	387,285
	NETINCOME/(EXPENDITURE)	(60,735)	32,526	(28;209)
	Transfersbetweenfunds	22,345	(22,345)
	Otherrecognisedgains/(losses)
	Actuarialgains/(losses)ondefinedbenefit
	schemes	(11,000)	:	(11,000)
	Netmovementinfunds	(49,390)	10,181	(39,209)
	RECONCILIATIONOFFUNDS
	Totalfundsbroughtforward	(663,951)	146,651	(517,300)
	TOTALFUNDSCARRIEDFORWARD	(713,341)	156,832	(556,509)

TANGIBLEFIXEDASSETS
			Fixtures
	Short	Plantand	and
	leasehold	machinery	fittings
	£	£	£
COST
At1April2020	266,483		170,974
Additions
Disposals		(70,073)
At31March2021	266,483	(70,073)	170,974
DEPRECIATION
At1April2020	127,911		170,974
Chargeforyear	10,661
Eliminatedondisposal		(70,073)
At31March2021	138,572	(70,073)	170,974
NETBOOKVALUE
At31March2021	127,911
At31March2020	138.572
	Motor	Computer
	vehicles	equipment	Totals
	£	£	£
COST
At1April2020	1,200	40,430	479,087
Additions		1,173	1,173
Disposals			(70,073)
At31March2021	1,200	41,603	410,187
DEPRECIATION
At1April2020	1,200	4,209	304,294
Chargeforyear		8,574	19,235
Eliminatedondisposal			(70,073)
At31March2021	1,200	12,783	253,456
NETBOOKVALUE
At31March2021		28,820	156,731
At31March2020		36,221	174,793

		Computer
		equipment
COST
At1April2020and31March2021		36,549
DEPRECIATION
At1April2020		3,046
Chargeforyear		7,310
At31March2021		10,356
NETBOOKVALUE
At31March2021		26,193
At31March2020		33,503
DEBTORS:AMOUNTS FALLINGDUEWITHINONEYEAR
	31.3.21	31,3.20
	£	£
Tradedebtors	25,690	2,645
Otherdebtors	760	2,322
Grantdebtor	59,914	25,267
Prepaymentsandaccruedincome	3,520	6,146
	89,884	36,380

CREDITORS:AMOUNTSFALIJNGDUEWITHIN	ONEYEAR
	31.3.21	31.3.20
	£	£
Financeleases(seenote17)	7,310	7,310
Tradecreditors	3,738	10,378
Socialsecurityandothertaxes	5,230	3,709
Othercreditors	4,775	4,729
Deferredincome	108,383	12,100
Accruedexpenses	26,451	8,910
	155,887	47,136

	31.3.21
	£
Balancebroughtforward	12,100
Releasedintheyear	(12,100)
Deferredintheyear	108,383
Balancecarriedforward	108,383

		31.3.21	31.3.20
		£	£
Financeleases(seenote	17)	18,884	26,194

	Financeleases	Financeleases
	31.3.21	31.3.20
	£	£
Netobligationsrepayable:
Withinoneyear	7,310	7,310
Betweenoneandfiveyears	18,884	26,194
	26,194	33,504
	Non-cancellableoperating
		leases
	31.3.21	31.3.20
	£	£
Withinoneyear	665	665
Betweenoneandfiveyears	554	1,218
	1,219	1,883

MOVEMENTINFUNDS
		Net	Transfers
		movement	between	At
	At1.4.20	infunds	funds	31.3.21
	£	£	£	£
Unrestrictedf unds
Generalfund	(713,341)	153,239	4,916	(555,186)
Restrictedfunds
TheMount-NAW-Capital	104,000	(8,000)		96,000
TheMount-Lottery-Capital	32,176	(2,476)		29,700
GwirvolYouthLedGrant	6,650	4,180		10,830
CCC OAPGrantdistribution	673	(673)
TransformationFund		23,319	(4,916)	18,403
Dementia(ICF)Fund	13,333	(4,647)		8,686
WelshGovernmentGrantdistributionfund		31,769		31,769
ComicReliefGrantDistributionfund		3,359		3.359
Changemakersfund		(144)		(144)
	156,832	46,687	(4,916)	198,603
TOTALFUNDS	(556,509)	199,926	-	(356,583)

	Incoming	Resources	Gainsand	Movement
	resources	expended	losses	infunds
	£	£	£	£
Unrestrictedfunds
Generalfund	422,206	(264,967)	(4,000)	153,239
Restrictedfunds
TheMount-NAW-Capital		(8,000)		(8,000)
TheMount-Lottery-Capital	(1)	(2,475)		(2,476)
GwirvolYouthLedGrant	6,650	(2,470)	-	4,180
CUSP/HealthandWellbeingFund	42,028	(42,028)
CCCOAPGrantdistribution	(673)			(673)
TransformationFund	72,146	(48,827)		23,319
Dementia(ICF)Fund		(4,647)		(4,647)
WelshGovermentCoronavirusrecovery
fund	152,991	(152,991)
WelshGovernmentGrantdistributionfund	53,511	(21,742)		31,769
ComicReliefGrantDistributionfund	26,591	(23,232)		3,359
FriendsInNeedGrantDistributionfund	38,863	(38,863)
Changemakersfund		(144)		(144)
	392,106	(345,419)		46,687
TOTALFUNDS	814,312	(610,386)	(4,000)	199,926

		Net	Transfers
		movement	between	At
	At1.4.19	infunds	funds	31.3.20
	£	£	£	£
Unrestrictedfunds
Generalfund	(663,951)	(71,735)	22,345	(713,341)
Restrictedfunds
TheMount-NAW-Capital	112,000	(8,000)	-	104,000
TheMount-Lottery-Capital	34,651	(2,475)	-	32,176
GwirvolYouthLedGrant	-	6,650	-	6,650
RuralVolunteering	-	5,236	(5,236)	-
CUSP/HealthandWellbeingFund	-	13,475	(13,475)	-
CCC OAPGrantdistribution	-	673	-	673
TransformationFund	-	3,634	(3,634)	-
Dementia(ICF)Fund	-	13,333	-	13,333
	146,651	32,526	(22,345)	156,832
TOTALFUNDS	(517,300)	(39,209)		(556,509)

	Incoming	Resources	Gainsand	Movement
	resources	expended	losses	infunds
	£	£	£	£
Unrestrictedfunds
Generalfund	255,035	(315,770)	(11,000)	(71,735)
Restrictedfunds
TheMount-NAW-Capital		(8,000)		(8,000)
TheMount-Lottery-Capital		(2,475)		(2,475)
GwirvolYouthLedGrant	6,650			6,650
RuralVolunteering	39,791	(34,555)		5,236
CUSP/HealthandWellbeingFund	29,009	(15,534)		13,475
CCCOAP Grantdistribution	4,000	(3,327)		673
TransformationFund	11,258	(7,624)		3,634
Dementia(ICF)Fund	13,333			13,333
	104,041	(71,515)		32,526
TOTALFUNDS	359,076	(387,285)	(11,000)	(39,209)

		Net	Transfers
		movement	between	At
	At1.4.19	infunds	funds	31.3.21
	£	£	£	£
Unrestrictedfunds
Generalfund	(663,951)	81,504	27,261	(555,186)
Restrictedfunds
TheMount-NAW-Capital	112,000	(16,000)		96,000
TheMount-Lottery-Capital	34,651	(4,951)	-	29,700
GwirvolYouthLedGrant		10,830	-	10,830
RuralVolunteering	-	5,236	(5,236)	-
CUSP/HealthandWellbeingFund	-	13,475	(13,475)	-
TransformationFund	-	26,953	(8,550)	18,403
Dementia(ICF)Fund	-	8,686	-	8,686
WelshGovernmentGrantdistributionfund	-	31,769	-	31,769
ComicReliefGrantDistributionfund		3,359	-	3,359
Changemakersfund	-	(144)	-	(144)
	146,651	79,213	(27,261)	198,603
TOTALFUNDS	(517,300)	160,717	-	(356,583)

	Incoming	Resources	Gainsand	Movement
	resources	expended	losses	infunds
	£	£	£	£
Unrestrictedfunds
Generalfund	677,241	(580,737)	(15,000)	81,504
Restrictedfunds
TheMount-NAW-Capital	-	(16,000)		(16,000)
TheMount-Lottery-Capital	(1)	(4,950)		(4,951)
GwirvolYouthLedGrant	13,300	(2,470)		10,830
RuralVolunteering	39,791	(34,555)		5,236
CUSP/HealthandWellbeingFund	71,037	(57,562)		13,475
CCCOAPGrantdistribution	3,327	(3,327)
TransformationFund	83,404	(56,451)		26,953
Dementia(ICF)Fund	13,333	(4,647)		8,686
WelshGovermentCoronavirusrecovery
fund	152,991	(152,991)
WelshGovernmentGrantdistributionfund	53,511	(21,742)		31,769
ComicReliefGrantDistributionfund	26,591	(23,232)		3,359
FriendsInNeedGrantDistributionfund	38,863	(38,863)
Changemakersfund	-	(144)		(144)
	496,147	(416,934)		79,213
TOTALFUNDS	1,173,388	(997,671)	(15,000)	160,717

RESERVES	2020	Movement	2021
Restrictedfunds	156,832	41,771	198,603
Generalfund	41,659	192,155	233,814
Totalreservesbeforepensiondeficit	198,491	233,926	432,417
Definedbenefitpensionfund	(755,000)	(34,000)	(789,000)
Totalreserves	(556,509)	199,926	(356,583)

	2021	2020
RateofCPIinflation	2.70%	2.10%
Rateofincreaseinsalaries	4.20%	3.60%
Rateofincreaseinpensions	2.80%	2.20%
Discountrate	2.10%	2.40%

	2021	2021	2020	2020
	£	%	£	%
Equities	1,643,000	74.0%	1,280,000	73.2%
Governmentbonds	-	0.0%	68,000	3.9%
Otherbonds	258,000	11.6%	177,000	10.1%
Property	247,000	11.1%	215,000	12.3%
Cash/liquidity	27,000	1.2%	9,000	0.5%
Other	47,000	2.1%
	2,222,000		1,749,000

Themovementindeficitduringtheyearisasfollows:	Themovementindeficitduringtheyearisasfollows:
		2021	2020
		£	£
Totalpresentvalueofbenefitobligations		3,011,000	2,504,000
Fairvalueofplanassets		(2,222,000)	(1,749,000)
Deficit		789,000	755,000
Thechangeinbenefitobligationduringperiodtheyearisasfollows:
		2021	2020
		£	£
Benefitobligationatthebeginningoftheyear		2,504,000	2,596,000
Currentservicecosts		45,000	45,000
Interestonpensionliabilities		60,000	66,000
Memberscontributions		7,000	7,000
Pastservicecosts(gain)			53,000
Actuarial(gains)/lossesonliabilities		430,000	(228,000)
Curtailments			-
Settlements			-
Benefits/transferspaid		(35,000)	(35,000)
Businesscombinations		-	-
Benefitobligationatendofperiod		3,011,000	2,504,000
Thechangeintheplanassetsduringtheyearisasfollows:
		2021	2020
		£	£
Fairvalueofplanassetsatthebeginningoftheyear		1,749,000	1,936,000
Interestonplanassets		42,000	48,000
Actuarialgains/(losses)onassets		426,000	239,000
Administrationexpenses		(1,000)	(1,000)
Businesscombinations		-	-
Settlements		-	-
Employercontributions		34,000	35,000
Membercontributions		7,000	7,000
Benefits/transferspaid		(35,000)	(35,000)
Fairvalueofplanassetsatendofperiod		2,222,000	1.749,000
ActualReturnonplanassets=£468,000.
2020Pastservicecostsincludes:
	£
McCloudimpact	49,000
GMPindexation	4,000
Earlyret/augmentation	-

	2021	2020
	£	£
Currentservicecosts	45,000	45,000
Pastservicecosts		53,000
Administrationexpenses	1,000	1,000
Netfinance(interest)/costs	18,000	18,000
	64,000	117.000
TotalcostsrecognisedinSOFA
Statementofactuarialgainsandlosses:
	2021	2020
	£	£
Actuarialgains/(losses)onliabilities	(430,000)	(228,000)
Actuarialgains/(losses)onassets	426,000	239„000
Totalactuarialgain/(losses)ondefinedbenefitscheme	(4,000)	(11,000)