## ## ## ## ## ## ## ## ## ## ## ## ## |The deficit for the year amounte
summarised
as follows:-|The deficit for the year amounte
summarised
as follows:-|d
to f52|,461 (2020 - f31,147 surplus).
The fina|ncial
activity of the company
can b| |---|---|---|---|---| |MOVEMENTIN
RESOURCES:||||2021| |INCOME||||| |Contract fees, housing|benefit, grants and||allowances|4,997,993| |investment
income||||16,201| |EXPENDITURE||||| |Charitable
activities||||(5,143,339 )| |Gain on investments||||76,684| |||||52,461| |Variations
in the Balance Sheet||since last|year are as follows:|| |Additions
to office and computer
Depreciation
charge for the year||equipment|net ofdisposals|41,743
~21,707 )| |||||20,036| |Debtors||||42,526| |investments||||87,280| |Cash at bank and in hand
Creditors||||100,885
~303,188)| |||||52,461| ## ## ## ## ## ## ## ## |Flynn House
Cardiff Road
Rhydyfelin
Pontypridd
CF37 5HP||| |---|---|---| |Trustees||| |P Smith|Appointed|22 March 2021| ||Chair from|20September 2021| |SP Garland|Chair until|20 September 2021| |Dr H G Edwards|Vice Chair|| |0GTJones||| |P Roberts||| |M Wedlake|Appointed|22 March 2021| |H Whitfield|Appointed|22 March 2021| |J R Davies||| ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||fund|fund|funds|funds| ||||Notes|F|F|F|E| |INCOME AND ENDOWMENTS||FROM|||||| |Charitable
activities|||||||| |Domiciliary care and|support|||4,927,019||4,927,019|5,009,969| |Investment
income||||16,201||16,201|13,876| |Other income||||70,974||70,974|| |Total||||5,014,194||5,014,194|5,023,845| |EXPENDITURE ON|||||||| |Charitable
activities|||||||| |Domiciliary care and|support|||5,143,339||5,143,339|4,953,354| |Net gains/(losses)
on|investments|||76,684||76,664|~39,344)| |NET INCOME/(EXPENDITURE)||||(52,461)||(52,461)|31,147| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought|forward|||1,606,125||1,606,125|1,574,978| |TOTAL FUNDS CARRIED FORWARD||||1,553.664||1,553,664|1,606,125| |||||2021|2020| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||fund|fund|funds|funds| ||Notes|E|||E| |FIXEDASSETS|||||| |Tangible assets|12|275,062||275,062|255,026| |Investments|||||| |Investments|13|602,177||602,177|514,897| |Investment
property|14|57,960||57,960|57,960| |||935,199||935,199|827,883| |CURRENT ASSETS|||||| |Debtors|15|331,366||331,366|288,840| |Cash at bank and in hand||817,603||817,603|716,718| |||1,148,969||1,148,969|1,005,558| |CREDITORS|||||| |Amounts
falling due within one year|16|(530,504)||(530,504)|(227,316)| |NET CURRENT ASSETS||618,465||618,465|778,242| |TOTAL ASSETS LESSCURRENT LIABILITIES||1,553,664||1,553,664|1,606,125| |NET ASSETS||1,553,664||1,553,664|1 606,125| |FUNDS|18||||| |Unrestricted
funds||||1,553,664|1,606,125| |TOTAL FUNDS||||1,553,664|1,606,125| ## ## ||||2021|2020| |---|---|---|---|---| |||Notes|F|| |Cash flows from operating
activities||||| |Cash generated
from operations|||137,022|445,242| |Net cash provided
by operating
activities|||137,022|445,242| |Cash flows from investing
activities||||| |Purchase oftangible
fixed assets
Purchase offixed asset investments
Sale offixed asset investments|||(41,743)
(99,529)
88,934|(23,512)
(127,280)
118,742| |Interest received|||2,387|2,098| |Dividends
received|||13,814|11,778| |Net cash used in investing
activities|||~36,137)|$18,174)| |Change
in cash and cash equivalents|in|||| |the reporting
period|||100,885|427,068| |Cash and cash equivalents
at the||||| |beginning
ofthe reporting
period|||716,718|289,650| |Cash and cash equivalents
at the end|of|||| |the reporting
period|||817,603|716,718| ## |RECONCILIATION
ACTIVITIES|OF NET|(EXPENDITURE|)/INCOME
TO NET CASH FL|OW FROM OPERATIN|G| |---|---|---|---|---|---| |||||2021|2020| ||||||F| |Net (expenditure)/income||for the reporting|period (as per the||| |Statement ofFinancial Activities)||||(52,461)|31,147| |Adjustments
for:|||||| |Depreciation
charges||||21,707|40,651| |(Gain)/losses
on investments||||(76,684)|39,344| |Interest received||||(2,387)|(2,098)| |Dividends
received||||(13,814)|(11,778)| |(increase)/decrease|in debtors|||(42,527)|255,605| |Increase
in creditors||||303,188|92,371| |Net cash provided|by operations|||137,822|445,242| ## |ANALYSIS OF CHANGES
IN NET FUNDS|||| |---|---|---|---| ||At 1/4/20|Cash flow|At 31/3/21| ||F||| |Net cash|||| |Cash at bank and in hand|716,718|100,885|817,603| ||716,718|100,885|817,603| |Total|716,718|1DD,885|817,8D3| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |INCOME F|ROM CHARIT|AB|LE ACTIVITIES|||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||E|| |Contract fees|||||4,388,189|4,472,261| |Housing
Benefit|||||353,916|344,301| |Supporting|People||||184,914|193,407| ||||||4,927,019|5,009,969| |CHARITABLE ACTIVITIES|||COSTS|||| |||||Direct|Support|| |||||Costs (see|costs (see|| |||||note 6)
f|note 7)|Totals| |Domiciliary|care and support|||4 599,518|543,821|5,143,339| |DIRECT COSTS OF CHARITABLE ACTIVITIES||||||| ||||||2021|2020| |Staff costs|||||1,178,051|1,205,794| |Temporary|staff costs||||187,109|20,352| |Staff and carer training|||||4,096|2,948| |Carer payments,
insurance|||and membership||3,209,822|3,029,061| |Health screening
and DBSchecks|||||14,349|15,666| |Travel, car|hire and expenses||||6,091|73,737| |Events||||||710| ||||||4,599,518|4,348,268| |SUPPORT|COSTS|||||| ||||Staff|Other|Governance|| ||||costs
E|costs|costs
f|Totals| |Domiciliary|care and support||198947|335,228|9,646|543.821| |included
within governance|||costs is89,600(2020 - E9,600) in|relation to auditors'|remuneration.|| |NET INCOME/(EXPENDITURE)||||||| |Net income/(expenditure)||is|stated after charging/(crediting):|||| ||||||2021|2020| |Depreciation|- owned assets||||21,707|40,651| ## ## ## |STAFF COSTS|||||| |---|---|---|---|---|---| |||||2021|2020| |||||E|| |Wages and salaries||||1,217,261|1,251,825| |Social security costs||||99,234|104,343| |Other pension costs||||60,503|73,106| |||||1,376,998|1,429,274| |The average
monthly|number ofemployees|during|the year was as follows:||| |||||2021|2020| |Administration||||11|11| |Support||||45|48| |||||56|59| ## ## ## ## |TANGIBLE FIXEDASSETS||||| |---|---|---|---|---| ||||Office|| ||||furniture|| ||Freehold|Long|and|| ||property|leasehold|equipment|Totals| ||||E|| |COST||||| |At 1 April 2020
Additions
Disposals|258,480|29,405
~1905)|160,047
41,743
~72472),
447,932
41,743
~74377).|| |At 31 March 2021|258,480|27,500|129,318|415,298| |DEPRECIATION||||| |At 1 April 2020|43,244|28,327|121,335|192,906| |Charge for year
Eliminated
on disposal|4,204|539
~1,905)|16,964
~72,472)|21,707
~74377),| |At 31 March 2021|47,448|26 961|65,827|140236| |NET BOOK VALUE
At 31 March 2021|211,032|539|63491|275062.| |At 31 March 2020|215236|1,078|38,712|255,026| ## |FIXEDASSET INVESTMENTS|| |---|---| ||Listed| ||investments| ||F| |MARKET VALUE|| |At 1 April 2020|514,897| |Additions|99,529| |Disposals|(88,934)| |Revaluations|76,685| |At 31 March 2021|602,177| |NET BOOK VALUE|| |At 31 March 2021|602,177| |At 31 March 2020|514,887| ## ## |INVESTMENT PROPERTY|| |---|---| |FAIR VALUE|| |At 1 April 2020|| |and 31 March 2021|57,960| |NET BOOK VALUE|| |At 31 March 2021|57,960| |At 31 March 2020|~57 960| ## ## |DEBTORS:AMOUNT|S
FALLING DUE WITHIN ONE YEAR||| |---|---|---|---| |||2021|2020| |Trade debtors||209,512|167,205| |Other debtors||2,700|2,730| |Prepayments
and accrued income||119,154|118,905| |||331,366|288,840| |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||| |||2021|2020| |Trade creditors||127,427|67,694| |Social security and other taxes||20,836|23,925| |Other creditors||48,310|22,765| |Accruals and deferred|income|333,931|112,932| |||530,504|227,316| ## |Included|within accruals and deferred|within accruals and deferred|income above is deferred contract fee income off99,078|(2020:F78,624).| |---|---|---|---|---| |Movement||in the year is as follows:||| ||||2020|2020| |Deferred||income at 1 April 2020|78,624|11,387| |Resources deferred
during the year
Amounts
released from previous years|||99,078
~78,624)|78,624
~11,387)| |Deferred||income at 31 March 2021|99,078|78,624| ## ## |Minimum
lease payments
under non-cancellable
operatin|g leases fall due as follows:|| |---|---|---| ||2021|2020
f| |Within one year|77,074|68,693| |Between one and five years|46,290|81,649| ||123,364|150,342| ## ## |MOVEMENT|IN FUNDS|||| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1/4/20|in funds|31/3/21| |Unrestricted|funds|||| |General fund||1,606,125|(52,461)|1,553,664| |TOTAL FUNDS||||| ## |Net mov|ement|in fu|nds, includ|ed|in the above|are as follows:|||| |---|---|---|---|---|---|---|---|---|---| |||||||Incoming|Resources|Gains and|Movement| |||||||resources|expended|losses|in funds| ||||||||F||| |Unrestricted||funds|||||||| |General|fund|||||5,014,194|(5,143,339)|76,684|(52,461)| |TOTAL|FUNDS|||||5,014,194|~5, 143,339)|76,684|~52,461)| |Comparatives||for|movement|in|funds||||| |||||||||Net|| |||||||||movement|At| ||||||||At 1/4/19|in funds|31/3/20| ||||||||||F| |Unrestricted||funds|||||||| |General|fund||||||1,574,978|31,147|1,606,125| |TOTAL|FUNDS||||||1,574,978|31,147|1,606,125| |||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---| |||resources|expended|losses|in funds| ||||E||E| |Unrestricted|funds||||| |General fund||5,023,845|(4,953,354)|(39,344)|31,147| |TOTAL FUNDS||5,023,845|~4,953.354)|~39,344)|31,147| ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||||E|| |INCOME AND ENDOWMENTS|||||||| |Investment
income|||||||| |Dividends
from|investments|||||13,814|11,778| |Deposit account||interest||||2,387|2,098| |||||||16,201|13,876| |Charitable
activities|||||||| |Contract fees||||||4,388,189|4,472,261| |Housing
Benefit||||||353,916|344,301| |Supporting
People||||||184,914|193,407| |||||||4,927,019|5,009,969| |Other income|||||||| |Government
grants||||||70,974|| |Total incoming||resources||||5,014,194|5,023,845| |EXPENDITURE|||||||| |Charitable
activities|||||||| |Wages||||||1,040,200|1,057,195| |Social security||||||84,632|86,348| |Pensions||||||53,219|62,251| |Temporary
staff||costs||||187,109|20,352| |Staff and carer training||||||4,096|2,948| |Carer payments,||insurance||and|membership|3,209,822|3,029,061| |Health screening||and DBSchecks||||14,349|15,666| |Travel, car hire|and||expenses|||6,091|73,737| |Events|||||||710| |||||||4,599,518|4,348,268| |Support costs|||||||| |Staffcosts|||||||| |Wages||||||177,061|194,630| |Social security||||||14,602|17,995| |Pensions||||||7,284|10,855| |||||||198,947|223,480| |Other costs|||||||| |Staff training|||||||2,669| |Insurance||||||25,145|26,674| |Printing,
postage|||and stationery|||14,639|18,236| |Advertising
and||promotions||||9,139|10,123| |Health screening|||and DBSchecks||||884| |Rent||||||98,663|102,857| |Cleaning
and waste collection||||||6,008|10,335| |Utility costs||||||11,233|12,643| |Staff welfare||||||10,194|13,285| |Subsciiptions|and||membership||publications||2,541| |Carried forward||||||175,021|200,247| ## |||||2021|2020| |---|---|---|---|---|---| ||||||F| |Other costs|||||| |Brought forward||||175,021|200,247| |Telephone||||19,907|16,804| |Travel, car park and|car hire expenses||||734| |Conferences
and room||hire||387|1,443| |Professional fees||||49,063|49,964| |Repairs and maintenance||||53,087|46,182| |Sundry expenses||||141|65| |Bank charges||||2,134|2,357| |Bad and doubtful debts||||49|| |Rental ofequipment||||10,512|10,273| |Portfolio management||fee||3,220|3,239| |Fixtures and fittings||||21,707|40,651| |||||335,228|371,959| |Governance costs|||||| |Accountancy
fees||||9,646|9,647| |Total resources expended||||5,143,339|4,953,354| |Net (expenditure)/income|||before gains and||| |losses||||(129,145)|70,491| |Realised recognised
gains and losses
Gains/(losses)
on fixed asset investments||||76,664|~39,344)| |Net (expenditure)/income||||||