2021-03-31-accounts

		Page
Report ofthe Trustees	1	to	10
Report ofthe Independent Auditors	11	to	14
Statement ofFinancial Activities		15
Balance Sheet		16
Cash Flow Statement		17
Notes to the Cash Flow Statement		18
Notes to the Financial Statements	19	to	34
Detailed Statement ofFinancial Activities	35	to	36

				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	50	-	50	4,190
Charitable activities	5
Advice and Information Service		103,005	563,696	666,701	518,624
Other trading activities	3	7,509	-	7,509	5,039
Investment income	4	297		297	2,256
Total		110,861	563,696	674,557	530,109
EXPENDITURE ON
Charitable activities	6
Advice and Information Service		67,105	540,670	607,775	518,271
NET INCOME		43,756	23,026	66,782	11,838
Transfers between funds	15	13,913	(13,913)
Other recognised gains/(losses)
Actuarial gains/(losses) on defined benefit
schclnc3		224,000		224,000	(67,000)
Net movement in funds		281,669	9,114	290,783	(55,164)
RECONCILIATION OF FUNDS
Total funds brought forward		219,513	19,956	239,469	294,633
TOTAL FUNDS CARRIED FORWARD		501,182	29,069	530,252	239,469

				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	12	3,796	-	3,796	5,696
CURRENT ASSETS
Debtors	13	87,949	16,773	104,722	35,336
Cash at bank and in hand		437,032	17,711	454,743	429,685
		524,981	34,484	559,465	465,021
CREDITORS
Amounts falling duewithin one year	14	(27,594)	(5,415)	(33,009)	(7,248)
NET CURRENT ASSETS		497,387	29,069	526,456	457,773
TOTAL ASSETS LESS CURRENT
LIABILITIES		501,183	29,069	530,252	463,469
PENSION LIABILITY	16	-	-	-	(224,000)
NET ASSETS		501,183	29,069	530,252	239,469
FUNDS	15
Unrestricted funds				501,183	219,513
Restricted funds				29,069	19,956
TOTAL FUNDS				530,252	239,469

		31.3.21	31.3.20
	Notes	£	£
Cash flows from operating activities
Cash generated from operations	I	24,761	7,327
Interestpaid		-	(53)
Net cash provided by operating activities		24,758	7,274
Cash flows from investing activities
Purchase oftangible fixed assets		-	(7,597)
Interest received		297	2,256
Net cash provided by/(used in) investing activities		297	(5,341)
Change in cash and cash equivalents in
the reporting period		25,058	1,933
Cash and cash equivalents at the
beginning ofthe reporting period		429,685	427,754
Cash and cash equivalents at the end of
the reporting period		454,743	429,685

ACTIVITIES
	31.3.21	31.3.20
	£	£
Net income forthe reporting period (as per the Statement ofFinancial
Activities)	66,782	11,838
Adjustments for:
Depreciation charges	1,899	3,675
Interest received	(297)	(2,256)
Interest paid	—	53
Increase in debtors	(69,386)	(5,016)
Increase/(decrease) in creditors	25,760	(967)
Net cash provided by operations	24,761	7,327

	At 1.4.20	Cash flow	At 31.3.21
	£	£	£
Net cash
Cash at bank and in hand	429,685	25,058	454,743
	429,685	25,058	454,743
Total	429,685	25,058	454,743

2.	DONATIONS AND LEGACIES
			31.3.21		31.3.20
			£		£
	Donations			50	4,190
3.	OTHER TRADING ACTIVITIES
			31.3.21		31.3.20
			£		£
	Sundry income		7,509		5,039
4.	INVESTMENT INCOME
			31.3.21		31.3.20
			£		£
	Deposit account interest			297	2,256
5.	INCOME FROM CHARITABLE ACTIVITIES
	Grants and Contracts
		Unrestricted	Restricted	2021	2020
	Ynys Mon County Council - Core Ynys Mon County Council - Other	73,020	- -	73,020 -	73,020 14,255
	NACAB	8,680	550,208	558,888	413,017
	Communities First				1,312
	Access to Justice			-	940
	Ynys Mon County Council Charitable Trust	17,618	-	17,618	9,949
	Denbighshire County Council	3,687	13,488	17,175	6,161
	Total	103,005	563,696	666,701	518,624
6.	CHARITABLE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs	note 7)		Totals
		£	£		£
	Advice and Information Service	517,425	90,350		607,775

SUPPORT COSTS
		Governance
	Management	costs	Totals
	£	£	£
Advice and Information Service	78,190	12,160	90,350
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated aftercharging/(crediting):
		31.3.21	31.3.20
		£	£
Auditors’ remuneration		5,760	5,520
Other non-audit services		6,400	5,840
Depreciation - owned assets		1,900	3,675

STAFF COSTS
	31.3.21	31.3.20
	£	£
Wages and salarics	389,380	351,192
Social security costs	25,105	23,009
Other pension costs	8,941	8,373
	423,426	382,574

	31.3.21	31.3.20
ChiefExecutive	1
Advice and Information Service	14	14
Administration and Support	4	3
	19	18

		31.03.21	31.0
Defined	Benefit Scheme (Gwynedd Pension Fund)	-	-
Defined	Contribution Scheme (Nest)	20	17

	Unrestricted	Restricted	Total
	funds	funds	funds
	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	4,190	-	4,190
Charitable activities
Advice and Information Service	106,326	412,298	518,624
Other trading activities	5,039	-	5,039
Investment income	2,256		2,256
Total	117,811	412,298	530,109
EXPENDITURE ON
Charitable activities
Advice and Information Service	123,589	394,682	518,271
NET INCOME/(EXPENDITURE)	(5,778)	17,616	11,838
Transfers between funds	4,320	(4,320)
Other recognised gains/(losses)
Actuarial gains/(Iosses) on defined benefit
schemes	(67,000)		(67,000)
Net movement in funds	(68,458)	13,294	(55,164)
RECONCILIATION OF FUNDS
Total funds brought forward	287,972	6,661	294,633
TOTAL FUNDS CARRIED FORWARD	219,514	19,955	239,469

12.	TANGIBLE FIXED ASSETS
			Fixtures
			and
			fittings
			£
	COST
	At 1 April 2020 and 31 March 2021		151,634
	DEPRECIATION
	At 1 April 2020		145,938
	Charge for year		1,900
	At 31 March 2021		147,838
	NETBOOK VALUE
	At31 March2021		3,796
	At 31 March 2020		5,696
13.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.3.21	31.3.20
		£	£
	Other debtors	103,057	33,673
	Prepayrnents and accrued income	1,665	1,663
		104,722	35,336
14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.3.21	31.3.20
		£	£
	Pension settlement	20,000
	Accruals	13,009	7,248
		33,009	7,248

MOVEMENT IN FUNDS
		Net	Transfers
		movement	between	At
	At 1.4.20	in funds	fimds	31.3.21
	£	£	£	£
Unrestricted funds
General Fund	284,906	43,757	(142,973)	185,690
Pension Reserve	(224,000)	224,000	-	-
Contingency Fund	51,604	-	6,886	58,490
New Property Fund	100,000	-	100,000	200,000
Redundancy Reserve (MAS)	7,003	-	-	7,003
Development & Investment Fund	-		50,000	50,000
	219,513	267,757	13,913	501,183
Restricted funds
Volunteer Adviser Fund	69	(68)	-	1
Pension Guidance	19,887	(18,283)	(1,604)	-
British Gas Energy Trust	-	808	(808)	-
Universal Support	-	495	(495)	-
Big Energy Savings Network	-	603	(603)	-
Energy Advice Programme	-	1,332	(1,332)	-
SAF Generalist	-	770	(770)	-
SAF Specialist WB	-	769	(769)	-
SAF Specialist Debt	-	419	(419)
Energy Redress	-	1,132		1,132
Trussell Trust	-	154	(154)	-
Wales Resilience Fund	-	(54)	54	-
Advicelink Telephone	-	7,740	-	7,740
ICAN Project	-	2,893	(2,893)	-
Covid 19 EmploymentAdvice	-	1,802	(1,802)	-
Income Maximisation Project	-	6,346	(2,317)	4,029
Mid North Wales Law Clinic	-	2,317	-	2,317
Moondance		13,850		13,850
	19,956	23,025	(13,913)	29,069
TOTAL FUNDS	239,469	290,782		530,252

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General Fund	110,862	(67,105)	-	43,757
Pension Reserve			224,000	224,000
	110,862	(67,105)	224,000	267,757
Restricted funds
Volunteer Adviser Fund	-	(68)	-	(68)
Pension Guidance	54,935	(73,218)	..	(18,283)
British Gas Energy Trust	19,869	(19,061)	-	808
Universal Support	40,536	(40,041)	-	495
Big Energy Savings Network	16,975	(16,372)	-	603
Energy Advice Programme	6,960	(5,628)	-	1,332
SAF Generalist	70,129	(69,359)	-	770
SAF Specialist WB	48,640	(47,871)	-	769
SAF Specialist Debt	64,084	(63,665)	-	419
Energy Redress	19,255	(18,123)	-	1,132
Trussell Trust	62,323	(62,169)	-	154
Wales Resilience Fund	15,000	(15,054)	-	(54)
Advicelink Telephone	20,000	(12,260)	-	7,740
ICAN Project	13,488	(10,595)	-	2,893
Covid 19 EmploymentAdvice	18,000	(16,198)	-	1,802
laconic Maximisation Project	11,500	(5,154)	-	6,346
Mid North Wales Law Clinic	68,151	(65,834)	-	2,317
Moondance	13,850	-		13,850
	563,695	(540,670)		23,025
TOTAL FUNDS	674,557	(607,775)	224,000	290,782

Comparatives for movement in funds
		Net	Transfers
		movement	between	At
	At 1.4.19	in funds	funds	31.3.20
	£	£	£	£
Unrestricted funds
General Fund	170,162	(5,779)	120,523	284,906
Pension Reserve	(157,000)	(67,000)	-	(224,000)
Contingency Fund	54,810		(3,206)	51,604
New Property Fund	220,000	-	(120,000)	100,000
Redundancy Reserve (MAS)	-		7,003	7,003
	287,972	(72,779)	4,320	219,513
Restricted funds
Better Advice/Better Lives	-	127	(127)	-
Volunteer Adviser Fund	125	(56)	-	69
Communities First Outcomes	-	149	(149)	-
Money Advice Service Funded Debt
Advice Project	-	7,121	(7,121)
Pension Guidance	-	19,887	-	19,887
British Gas Energy Trust		24	(24)	-
Access to Justice	4,128	(4,152)	25	-
Universal Support	2,408	(2,403)	(4)	-
Frontline Debt Welfare	-	122	(122)	-
Universal Credit	-	359	(359)	-
Big Energy Savings Network	-	22	(22)	-
Energy Advice Programme	-	(479)	479	-
SAF Generalist	-	(1,429)	1,429	-
SAF Specialist WB	-	(814)	814	-
SAF Specialist Debt	-	(995)	995	-
Energy Redress		134	(134)
	6,661	17,617	(4,320)	19,956
TOTAL FUNDS	294,633	(55,162)		239,469

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General Fund	117,810	(123,589)		(5,779)
Pension Reserve			(67,000)	(67,000)
	117,810	(123,589)	(67,000)	(72,779)
Restricted funds
Better Advice/BetterLives	60,026	(59,899)	-	127
Volunteer Adviser Fund	-	(56)	-	(56)
Communities First Outcomes	45,000	(44,851)	-	149
Money Advice Service Funded Debt
Advice Project	46,105	(38,984)	-	7,121
Pension Guidance	87,306	(67,419)	-	19,887
British Gas Energy Trust	19,707	(19,683)	-	24
Access to Justice	940	(5,092)	-	(4,152)
Universal Support	36,468	(38,871)	-	(2,403)
Frontline Debt Welfare	36,188	(36,066)	-	122
Universal Credit	9,949	(9,590)	-	359
Big Energy Savings Network	16,475	(16,453)	-	22
Energy Advice Programme	9,900	(10,379)	-	(479)
SAF Gencialist	17,249	(18,678)	-	(1,429)
SAF Specialist WB	11,385	(12,199)	-	(814)
SAF Specialist Debt	11,750	(12,745)	-	(995)
Energy Redress	3,851	(3,717)		134
	412,299	(394,682)		17,617
TOTALFUNDS	530,109	(518,271)	(67,000)	(55,162)

		Net	Transfers
		movement	between	At
	At 1.4.19	in funds	funds	31.3.21
	£	£	£	£
Unrestricted funds
General Fund	170,162	37,978	(22,450)	185,690
Pension Reserve	(157,000)	157,000	-	-
Contingency Fund	54,810	-	3,680	58,490
New Property Fund	220,000	-	(20,000)	200,000
Redundancy Reserve (MAS)	-	-	7,003	7,003
Development & InvestmentFund			50,000	50,000
	287,972	194,978	18,233	501,183
Restricted funds
BetterAdvice/Better Lives	-	127	(127)	-
Volunteer Adviser Fund	125	(124)	-
Communities First Outcomes	-	149	(149)	-
Money Advice Service Funded Debt
Advice Project	-	7,121	(7,121)	-
Pension Guidance	-	1,604	(1,604)	-
British Gas Energy Trust	-	832	(832)	-
AccesstoJustice	4,128	(4,152)	25	-
Universal Support	2,408	(1,908)	(500)	-
Frontline Debt Welfare	-	122	(122)	-
Universal Credit	-	359	(359)	-
Big Energy Savings Network	-	625	(625)	-
Energy Advice Programme	-	853	(853)	-
SAF Generalist	-	(659)	659	-
SAF Specialist WB	-	(45)	45	-
SAF Specialist Debt	-	(576)	576
Energy Redress	-	1,266	(134)	1,132
Trussell Trust	-	154	(154)	-
Wales Resilience Fund	-	(54)	54	-
Advicelink Telephone	-	7,740	-	7,740
ICAN Project	-	2,893	(2,893)	-
Covid 19 EmploymentAdvice	-	1,802	(1,802)	-
Income Maximisation Project	-	6,346	(2,317)	4,029
Mid North Wales Law Clinic	-	2,317	-	2,317
Moondance		13,850		13,850
	6,661	40,642	(18,233)	29,069
TOTAL FUNDS	294,633	235,620		530,252

as follows:
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General Fund	228,672	(190,694)		37,978
Pension Reserve			157,000	157,000
	228,672	(190,694)	157,000	194,978
Restricted funds
Better Advice/Better Lives	60,026	(59,899)	-	127
VolunteerAdviser Fund	-	(124)	-	(124)
Communities First Outcomes	45,000	(44,851)	-	149
Money Advice Service Funded Debt
Advice Project	46,105	(38,984)	-	7,121
Pension Guidance	142,241	(140,637)	-	1,604
British Gas Energy Trust	39,576	(38,744)	-	832
Access to Justice	940	(5,092)	-	(4,152)
Universal Support	77,004	(78,912)	-	(1,908)
Frontline Debt Welfare	36,188	(36,066)	-	122
Universal Credit	9,949	(9,590)	-	359
Big Energy Savings Network	33,450	(32,825)	-	625
Energy Advice Programme	16,860	(16,007)	-	853
SAF Generalist	87,378	(88,037)	-	(659)
SAF Specialist WB	60,025	(60,070)	-	(45)
SAF Specialist Debt	75,834	(76,410)	-	(576)
Energy Redress	23,106	(21,840)	-	1,266
Trussell Trust	62,323	(62,169)	-	154
Wales Resilience Fund	15,000	(15,054)	-	(54)
Advicelink Telephone	20,000	(12,260)	-	7,740
ICAN Project	13,488	(10,595)	-	2,893
Covid 19 Employment Advice	18,000	(16,198)	-	1,802
Income Maximisation Project	11,500	(5,154)	-	6,346
Mid North Wales Law Clinic	68,151	(65,834)	-	2,317
Moondance	13,850			13,850
	975,994	(935,352)		40,642
TOTAL FUNDS	1,204,666	(1,126,046)	157,000	235,620

	31.3.21	31.3.20
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations	50	4,190
Other trading activities
Sundry income	7,509	5,039
Investment income
Deposit account interest	297	2,256
Charitable activities
Grants and contracts	666,701	518,624
Total incoming resources	674,557	530,109
EXPENDITURE
Charitable activities
Wages	389,380	351,192
Social security	25,105	23,009
Pensions	8,941	8,373
Pension settlement	20,000	-
Advertising & recruitment	2,672	1,990
Partnerpayments	59,864	-
Travel	307	6,000
Reference materials & training	2,650	4,165
NACAB information	6,607	8,850
Fixtures and fittings	1,899	3,675
Bank interest	-	53
	517,425	407,307
Support costs
Management
Rates and water	148	227
Insurance	2,284	3,640
Light and heat	3,680	2,752
Telephone	10,125	9,185
Postage and stationery	6,977	15,506
Sundries	5,703	7,273
Rent	15,303	18,569
Repairs and renewals	18,496	29,508
Household and cleaning	242	3,974
Carried forward	62,958	90,634

	31.3.21	31.3.20
	£	£
Management
Brought forward	62,958	90,634
Computer costs	15,232	2,436
	78,190	93,070
Other
Redundancy costs	-	5,110
Governance costs
Auditors’ remuneration	5,760	5,520
Auditors’ remuneration for non auditwork	6,400	5,840
AGM	-	1,424
	12,160	12,784
Total resources expended	607,775	518,271
Net income	66,782	11,838