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|---|---|---|---|
|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|
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|||||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|
##
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|||||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|
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|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|
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||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|