|Contents|||~pa e|
|---|---|---|---|
|Annual<br>report|ofthe trustees||3|
|Report ofthe|independent<br>auditors||18|
|Consolidated|Statement of Financial Activities||22|
|Consolidated|S.Charity Balance Sheet||23|
|Consolidated|R. Charity Statement|of Cash Flows|24|
|Notes to the|accounts||25|





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|||||Unrestricted|Unrestricted|||||
|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Designated||Endowment|Restricted|Total|Total|
|||Notes|Funds|Funds||Fund|Furlds|2021|2020|
||||E|||6||||
|Income||||||||||
|Donations||2|2C0,315|||||2C0,315|38|
|Other trading activities||||||||||
|Fadlitles hire|||15,082|||||15,082|11,804|
|Income from Investments||||||||12896|18409|
|||||||||228,293|30,251|
|Income from charitable<br>activities||||||||||
|Membership<br>services|||792,066|||||792,066|790,984|
|Sector support services|||559,129|||||559,129|868,353|
|Projects &contracts||3|19,328||||1,004,716|1,024,044|953,678|
|Events, publidty<br>and|commercial||217,223|||||217223|343509|
||||1,587,746||||1,001,716|2 592462|2,956524|
|Total income|||1,816,039||||1,004,716|2,820,755|2,986,T/5|
|Expenditure||||||||||
|Expenditure<br>on raising funds||||||||||
|Fadlitles hire|||4,326||17|||4,343|5,386|
|Cost of raising donations|||403,106|1,562||||||
|Expenditure<br>on charitable|activities|||||||||
|Membership<br>services|||410,791||923|||411714|600,231|
|Sector support services|||623,278|1,831||||625,109|1,033,096|
|Projects &contracts|||58,354|2,284|||964,005|1,024,643|1,106,916|
|Events, publldty<br>and|commercial||106,459||254|||106,713|268,697|
|Otherexpenditure||||||||||
|Reversal ofproperty|impairment||||||||23 4CO|
|Total resources expended||4|1,606,314|6,871|||964,COS|2,577,190|2,990,926|
|Net income/(expenditure)|||209,725|(6,871)|||40,711|243,565|(4,151)|
|Transfers between<br>funds||||||||||
|Net movement<br>in funds|||64,246|150,408||(11,800)|40,711|243,565|(4,151)|
|Total funds brought forward||||46|272|||||
|Total funds carried forward||||||||||





## 

|||||||Group|Chadty|Chadty|
|---|---|---|---|---|---|---|---|---|
||||||2021|2020|2021|2020|
|||||Notes|E|E|||
|Fixed assets|||||||||
|Tangible assets||||9|814,035|869,934|814,035|869,934|
|Investments||||10|||1|1|
||||||~814035|869,934|814,036|869,935|
|Current assets|||||||||
|Stock|||||8,898|10,336|8,898|10,336|
|Trade debtors|||||28,990|191,066|28,990|191,066|
|Provision for doubtful||debts||||(34,250)||(34,250)|
|Prepaid expenses|||||37,484|61,368|37,484|61,368|
|Accrued Income|||||117,549|118,441|117,549|118,441|
|Investments<br>- cash|equivalents||on deposit||T/0, 226|1,513,447|770,226|1,513,447|
|Cash at bank and in hand<br>Due from group company|||||1,847, 262<br>2,810,409|644,565<br>~2,504 973|1,834,209<br>13,052<br>~2,810408|631,512<br>~13052<br>2,504,972|
|Liabilities|||||||||
|Creditors: amounts|failing due||within one year:||||||
|Trade creditors|||||81,616|89,726|81,616|89,726|
|Other creditors|||||11,158|11,942|11,158|11,942|
|Taxes and sod al security uedltors|||||37,246|58,769|37,246|58,769|
|Acaued expenses|||||103,309|74,241|103,309|74,241|
|Deferred Income<br>Loan|||||558,850<br>S42,179|601,529<br>S36,207|558,850<br>~50 OXI<br>842,179|601,529<br>~836207|
|Net current assets|||||1,968,230|1,668,766|1,968,229|1,668,765|
|Net assets|||||2,782,265|2,538,700|2,782,265|~2,538700|
|Funds|||||||||
|Unrestricted<br>funds||||12|1,973,354|1,758,700|1,973,354|1,758,700|
|Restricted funds||||12|85,711|45,000|85,711|45,000|
|Endowment<br>funds||||12|723,200|735,000|723,200|735,000|
||||||~2782,265|2,538,700|2,782,265|~2,538700|





||||||Group||Charity||
|---|---|---|---|---|---|---|---|---|
||||||2021|2020|2021|2020|
|||||Notes|6|6|f|6|
|Cash flows from operating|activities||||||||
|Net cash provided<br>by operating<br>activities||||16|411,769|30,779|411,769||
|Cash flows from investing<br>Interest income|activities||||12,896|14,850|12,896|14,850|
|Withdrawal<br>from / (investment<br>in) term||deposits|||743,221|(44,178)|743,221|(44,178)|
|New loan in year|||||||||
|Purchase oftangible<br>fixed|assets||||||||
|Net cash used in Investing|activities||||||||
|Increase /(decrease)<br>in cash and cash equivalents|||in the year||1,20?„697|(2,757)|1,202,697|6,805|
|Cash and cash equivalents|at beginning|ofthe year|||644,565|647,322|631,512|624,707|
|Cash and cash equivalents|at end ofthe|year|||~1847,262|644,565|1,834,209|631,512|





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|2|Donations|||||||2021<br>E|2020<br>f|
|---|---|---|---|---|---|---|---|---|---|
||C/RS Grantlncome|||||||200,315||
||Other Donations||||||||38|
|||||||||200,315|38|
|3|Projects and contracts|||||||2021<br>E|2020<br>f|
||Local authorities|||||||131,411|118,132|
||Welsh Government|||||||675,215|644,928|
||Scottish Government|||||||100,000|100,000|
||Other|||||||117418|90618|
|||||||||1,024,044|953,678|
||Included<br>in the above are restricted|||funds:||||||
||Local authorities|||||||127,001|109,626|
||Welsh Government|||||||675,215|644,928|
||Scottish Government|||||||100,000|100,000|
||Other|||||||10<br>Co|90,618|
|||||||||1,004,716|945,172|
||included<br>in the above, the|amount||ofgrants total E1,004,716(2020;F945,172j||||||
|4|Total resources expended|||||Other<br>delivery/||||
||||||afreet delivery<br>staff costs|development<br>COStS|Support fncl<br>staff costs|Oepreclatlon/<br>Impairment|Total<br>2021|
||||||E|E|E||f|
||Facilities hire||||2,184|296|1,709|154|4,343|
||Cost of raising donations||||227,078|1,562|161,426|14,602|404,668|
||Membership<br>services||||218,839|88,887|95,362|8,626|411,714|
||Sector support services||||327,933|90,937|189,131|17,108|625,109|
||Projects Ik contracts<br>Events, publicity<br>and commercial||||543,333<br>76,364<br>1 9,731|223,925<br>1,709<br>el7.316|236,034<br>26,264<br>09,926|21,351<br>2»6<br>64,217|1,024, 643<br>1067 3<br>2,877,190|
||2020Comparatives||||f|f|E|E|E|
||Facilities hire||||2,141|1,056|2,058|131|5,386|
||Membership<br>services||||236,515|180,107|172,628|10,981|600,231|
||Sector support services||||441,769|256,498|314,805|20,024|1,033,096|
||Projects gt contracts||||566,458|232,328|289,703|18,427|1,106,916|
||Events, publicity<br>and commercial<br>Other expenditure. 'revaluation||of|property|105,672<br>13,<br>9|102,843<br>~3.4tXll<br>749<br>32|56,583<br>.777|3,599<br>3.162|268,697<br>~23,CO<br>.990926|
||Allocation ofsupport costs<br>Support costs indude:|is based||on staff time engaged<br>on each activity,||||2021<br>f|2020<br>E|
||Staff costs|||||||474,920|532,539|
||ITsupport|||||||107,498|105,058|
||Premises|||||||27,910|34,798|
||Marketing|||||||19,205|48,493|
||Governance|||||||17,709|30,457|





|4|Total resources expended|Total resources expended|continued|continued|||
|---|---|---|---|---|---|---|
||Total resources expended||Indude:||2021|2020|
||||||E|E|
||Operating<br>lease rentals||||23,800|23,971|
||Professional<br>indemnity|insurance|||2,996|3,487|
||Auditors<br>remuneration:||||||
||Audit||||13,570|12,045|
||Otherservices||||5,779|4,443|
||Cost ofinventory<br>recognised|||as an expense|13,371|24,278|
||Provision for bad debts|||||34,250|
|5|Staff costs||||2021|2020|
||||||E|E|
||Wages and salaries||||1,622,715|1,655,291|
||Social security costs||||136,579|141,947|
||Pension costs||||88,709|81,316|
||Staff insurance||||8,618|9,060|
||Agency staff costs||||14,030|6,509|
||||||1,870,651|1,894,123|



|The avera|ge full time equivalent|number ofstaff em|ployed<br>by the charity was as follo|ws:||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Number|Number|
|Charitable|activities|||36|48|
|Cost of raising funds||||9||
|Support staff||||9|10|
|||||55|58|
|Included|in full time equivalent|staff are participants|on job creation programmes||j|



## 



## 

## 

|8<br>Consolidated<br>stateme<br>2020Comparatives|nt<br>offinancial a|ctivities||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted||||
||||Unrestricted|Designated|Endowment|Restricted|Total|
|||Notes|Funds|Funds|Fund|Funds|2019|
||||||6|6|6|
|Income||||||||
|Donations|||||||38|
|Other trading activities||||||||
|Facilities hire|||11,804||||11,804|
|Income from investments|||1S,409||||1S,409|
||||30,251||||30,251|
|Income from charitable<br>activities||||||||
|Membership<br>services|||790,984||||790,984|
|Sector support services|||868,353||||S68,353|
|ProJects &contracts||3|8,506|||945,172|953,678|
|Events, publicity<br>and|commercial||343,509||||343,509|
||||2,011,352|||945,172|2,956,524|
|Total income|||2,041,603|||945,172|2,986,775|
|Expenditure||||||||
|Expenditure<br>on raising funds||||||||
|Facilities hire|||5,386||||5,386|
|Expenditure<br>on charitable|activities|||||||
|Membership<br>services|||5S9,291|10,940|||600,231|
|Sector support services|||1,032,019|1,077|||1,033,096|
|Pro)acts &contracts|||56,744|||1,050,172|1,106,916|
|Events, publicity<br>and|commercial||268,697||||268,697|
|Other expenditure||||||||
|Reversal of property|impairment||||(23,400)||(23,400)|
|Total resources expended||4|1,952,137|12,017|(23,400)|1,050,172|2,990,926|
|Net income/(expenditure)|||89,466|(12,017)|23,400|(105,000)|(4,151)|
|Transfers between<br>funds||12|11,800|||||
|Net movement<br>in funds|||101,266|(12,017)|11,600|(105,000)|(4,151)|
|Total funds brought forward||12|1,611,162|58,289|723,400|150,000|2,542,S51|
|Total funds carried forward||12|1,712,428|46,272|735,000|45,000|2,53S,700|





## 

||||Long leasehold|||
|---|---|---|---|---|---|
||||land and|Equipment||
|9|Tangible assets - Company|and Group|buildings<br>f|etc.<br>f|Total<br>f|
||Cost or valuation|||||
||At 1April 2020<br>Additions||735,000|528,450<br>15,189|1,263,450<br>15,189|
||Disposals<br>At 31March 2021||735,000|(91,451)<br>452,188|(91,451)<br>1,187,188|
||Depreciation<br>At 1April 2020<br>Charge for the year<br>Eliminated<br>on disposal||11,800|393,516<br>59,288<br>(91,451)|393,516<br>71,088<br>(91,451)|
||At 31March 2021||11,800|361,353|373,153|
||Net book value|||||
||At 31March 2021||723,200|90,835|814,035|
||At 31March 2020||735,000|134,934|869,934|



|Bramleys<br>LLP, independent<br>The historical cost of the <br>been as follows:|RICS registered<br>valuers.<br> land and buildings<br>and accumulated|depredation<br>had it not been revalued|would have|
|---|---|---|---|
|||2021|2020|
|||f|f|
|Cost||1,395,715|1,395,715|
|Accumulated<br>depreciation||(355,261)|(332,930)|
|||1,040,454|1,062,785|
|The historical valuations|were:|||
|31March 2020<br>31March 2018||f 735,000<br>f 735,000||
|31March 2016||f 720,000||
|31March 2014||E 750,000||
|31March 2011||E 875,000||
|||Shares in group||
|Inestments<br>-Cmn|||undertakings|





||||||Events,|Sector||
|---|---|---|---|---|---|---|---|
|||||Projects &|publldty<br>&|sUpport||
|11|Deferred income<br>Group||Membership<br>E|contracts<br>f|campaigns<br>E|services<br>f|Total<br>E|
||Balance at 1April 2020||446,187|66,383|13,715|75,244|601,529|
||Released from previous|year|(446,187)|(66,383)|(13,715)|(52,717)|(579,002)|
||Deferred<br>in currentyear<br>Balance at 31March 2021||480,487||3,149<br>3,149|52,6S7<br>~75 214|~536,323<br>~558850|
||Charity||f|f|f|f|f|
||Balance at1April 2020||446,187|66,383|13,715|75,244|601,529|
||Released from previous|year|(446,187)|(66,383)|(13,715)|(52,717)|(579,002)|
||Deferred<br>In current year||480,487||3149|52,687|~536,323|
||Balance at31March 2021||4S0,487||3,149|75,214|558,850|
||Deferred income refers|to delivery ofservices in the following financial year.||||||
||||||Events,|Sector||
|||||Projects &|publldty<br>&|sUpport||
||2020Comparatlves<br>Group||Membership<br>E|contracts<br>E|campaigns<br>f|services<br>f|Total<br>f|
||Balance atiApril 2019||428,302|89,724|50,252|57,951|626,229|
||Released fram previous|year|(428,302)|(89,724)|(50,252)|(57,951)|(626,229)|
||Deferred<br>in current year<br>Balance at31March 2020||446,187<br>446,187|66,383<br>~66383|13,715<br>13715|75,244<br>75 244|601,529<br>601529|
||Charity||E|f||f|f|
||Balance at1Aprll 2019||428,302|89,724|50,252|57,951|626,229|
||Released from previous|year|(428,302)|(89,724)|(50,252)|(57,951)|(626,229)|
||Deferred<br>in current year||446,187|66,383|13,715|75,244|601,529|
||Balance at31March 2020||||13715|75,244|601529|
|||||||Transfer||
||||Balance at|Incoming|Outgoing|between|Balance at|
|12|Analysis ofcharitable<br>funds<br>GroUp||1.4.20<br>f|resources<br>f|resoUrces<br>E|funds<br>f|31.3.21<br>E|
||Unrestricted<br>funds||1,758,700|1,816,039|(1,613,185)|11,800|1,973,354|
||Endowment<br>fund||735,000|||(11,860)|723,200|
||Restricted funds||45,000||||85,711|
||||||2,577,190||2,782,265|
||Charity||6|E|E|f|E|
||Unrestricted<br>funds||1,758,700|1,816,039|(1,613,185)|11,800|1,973,354|
||Endowment<br>fund||735,000|||(11,800)|723,200|
||Restricted funds||45,000||||85,711|
||||2,538,700|2,820,755|(2,5T/, 190||2,782 265|





## 

||||||||||||||Transfer||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|Incoming||Outgoing||between|Balance||at|
|Analysis ofmovement||in unrestricted|||||funds|1.4.20<br>E|resources<br>f||resources<br>E||funds<br>E||31.3.21<br>E||
|General fund||||||||1,712,428|1,816,039|(1,606,314)|||(145,479)|1,776,674|||
|Designated<br>development|||fund|||||25,194|||||||25,194||
|Designated<br>buildings||fund||||||11,307|||(3992)||12,349||19,664||
|Designated<br>ITfund||||||||9,771|||||144,930||151,822||
|Name of unrestricted||fund||||||Description,|nature<br>and purpose||offund||||||
|General fund||||||||The free reserves after allowing|||for all designated<br>funds.||||||
|Designated<br>development|||fund|||||Designated<br>fund for developing|||services that will suppo*||||||
|||||||||sustainabllity.|There are a number of pro/ects||||ongoing which are||||
|||||||||expected to|continue<br>during|2021-22.|||||||
|Designated<br>buildings||fund||||||Designated<br>fund for office furniture<br>and equipment<br>purchased|||||||(and||
|||||||||capitalised)|In 2018,2020and 2021.||||||||
|Designated<br>ITfund||||||||Designated<br>fund for new finance software||||purchased<br>(and|||||
|||||||||capitalised)|in 2019,plus website development||||and additional||IT||
||||||||||||||Transfer||||
|||||||||Balance at|Incoming||Outgoing||between|Balance||at|
|Analysis of movement||in restricted funds||||||1.4.20<br>6|resources<br>6||resources<br>6||funds<br>6||31.3.21<br>f||
|Greater London Authority|||||||||127,001||(127,001)||||||
|Welsh Government|Children|||gr||Families||45,000|343,053||(302,342)||||85,711||
|Welsh Government|language||||Unit||||50,000||(50,000)||||||
|Welsh Government|Foundation|||||Phase|||52,000||(52,000)||||||
|Scottish Government||Strategic|||Funding||||100,000||(100,000)||||||
|Partnership|||||||||||||||||
|Welsh Government|Employment|||||Programmes|||230,162||(230,162)||||||
|Education<br>Endowment||Fund|||||||||||||||
||||||||||.ox»||||||85,711||





|Analysis of charitable||fund|s-|co|ntinu|ed||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2020 Comparatlves||||||||||Transfer||
||||||||Balance at|Incoming|Outgoing|between|Balance at|
|Analysis of charitable||funds|||||1.4.19|resources|resources|funds|31.3.20|
|Group|||||||f|6|6|6|6|
|Unrestricted<br>funds|||||||1,669,451|2,041,603|(1,964,154)|11,800|1,758,700|
|Endowmentfund|||||||723,400||23,400|(11,800)|735,000|
|Restricted funds|||||||150,000||||45,000|
||||||||||||2,538,700|
|Charity|||||||6|6|6|f|6|
|Unrestricted<br>funds|||||||1,659,889|2,051,165|(1,964,154)|11,800|1,758,700|
|Endowmentfund|||||||723,400||23,400|(11,800)|735,000|
|Restricted funds|||||||150,000||||45,000|
||||||||2,533,289|2,996,337|(2,990,926)||2,538,700|
|||||||||||Transfer||
|Analysis of movement<br>unrestricted<br>funds||In|||||Balance at<br>1.4.19|Incoming<br>resources|Outgoing<br>resources|between<br>funds|Balance at<br>31.3.20|
||||||||6|6|6|f|6|
|General fund|||||||1,611,162|2,041,603|(1,952,137)|11,800|1,712,428|
|Designated<br>development|||fund||||37211||(12,017)||25,194|
|Designated<br>buildings<br>Designated<br>ITfund||fund|||||11,307|.60|(, v, )».Bx||11,307<br>9,771|
|||||||||||Transfer||
||||||||Balance at|Incoming|Outgoing|between|Balance at|
|Analysis of movement||In|restricted|||funds|1.4.19<br>6|resources<br>6|resources<br>6|funds<br>f|31.3.20<br>6|
|Greater London Authority||||||||109,626|(109,626)|||
|Welsh Government|Children|||&|Families|||144,696|(249,696)||45,000|
|Welsh Government|Language|||Unit||||50,000|(50,000)|||
|Welsh Government|Foundation||||Phase|||49,500|(49,500)|||
|Scottish Government|Strategic|||Funding||Partnership||100,000|(100,000)|||
|Welsh Government|Employment||||Programmes|||400,732|(400,732)|||
|Welsh Government|SASS|||||||4,000|(4,000)|||
|Education<br>Endowment||Fund|||||||(86,618)|||
||||||||||||45,000|





## 

|13|Analysis of|net assets between|net assets between||||Endowment|Restricted||
|---|---|---|---|---|---|---|---|---|---|
||fund balances|||Unrestricted||Designated|funds|funds||
||||||funds|funds|(restricted)|(other)|Total 2021|
||Group|||||||||
||Tangible fixed assets||||90,835||723,200||814,035|
||Investments|||||||||
||Net current|assets||1,685,839||196,680||85,711|1,968,230|
||||||||723,200|85,711|2,782,265|
||Charity|||||||||
||Tangible fixed assets||||90,835||723,200||814,035|
||Investments||||1||||1|
||Net current|assets|||1,685,838|196,680||85,711|1,968,229|
||||||1,776,674|196,680|723,200|85,711|2,782, 265|
||2020Comparatives||||||Endowment|Restricted||
|||||Unrestricted||Designated|funds|funds||
||||||funds|funds|(restricted)|(other)|Total 2020|
||Group|||||||||
||Tangible fixed assets||||134,934||735,000||869,934|
||Investments|||||||||
||Net current|assets|||1,577,494|46,272||45,000|1,668,766|
|||||||||45,000|2,538,700|
||Charity|||||||||
||Tangible fixed assets||||134,934||735,000||869,934|
||Investments||||1||||1|
||Net current|assets|||1,577,493|46,272||45,000|1,668,765|
||||||1,712,428|46,272|735,000|45,000|2,538,700|
|14|Operating|lease commitments||||||||
||Minimum<br>lease payments||under|non-cancellable|operating|leases fall due as follows;||||
|||||||||2021|2020|
||Operating|leases which expire:||||||f||
||within one|year||||||19,172|20,672|
||in two tofive years|||||||8,999|25,845|
||in more than five years|||||||||
|||||||||28,171|46,517|





|16|Recondliation<br>ofnet|income/(expenditure)|income/(expenditure)|income/(expenditure)|income/(expenditure)|income/(expenditure)|to net cash flow from operating|activities|2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||Group||||||||E|E|
||Net movement<br>In funds||||||||243,565|(4,151)|
||Add back depreciation|charge|||||||71,088|53,162|
||Deduct reversal<br>of property||impairment|||||||(23,400)|
||Deduct interest<br>income shown|||in|investing|actidtles|||(12,896)|(18,409)|
||Decrease<br>in stock||||||||1,438|2,908|
||Decrease<br>in debtors||||||||186,852|32,965|
||(Decrease)<br>/ increase|in prorision|||for doubtful||debts||(34,250)|34,250|
||(Decrease)<br>in creditors||||||||||
||Net cash provided<br>by|operating||actiuties|||||411,769|30,779|
||||||||||2021|2020|
||Charity||||||||E|E|
||Net movement<br>in funds||||||||243,565|5,411|
||Add back depreciation|charge|||||||71,088|53,162|
||Deduct rerersal<br>of property||impairment|||||||(23,400)|
||Deduct interest<br>income shown|||in|investing|activities|||(12,896)|(18,409)|
||Decrease<br>in stock||||||||1,438|2,908|
||Decmase<br>In debtors||||||||186,852|32,965|
||(Decrease) / increase<br>in provision<br>(Decrease)<br>in creditors||||for doubtful||debts||(34,250)<br>~44.|34,250|
||Net cash provided<br>by|operating||activities|||||411,769|40,341|
|||||||||Balance at||Balance at|
|17|Analysis ofchanges|in net debt||||||1.4.20|Cash-flows|31.3.21|
||Group|||||||E|E|E|
||Cash at bank and<br>in hand|||||||644,565|1,202,697|1,847, 262|
||TOTAL|||||||644,565|1,202,697|1,847,262|
||Charity|||||||E|E|E|
||Cash at bank and<br>in hand|||||||631,512|1,202,697|1,834,209|
||TOTAL|||||||631,512|1,202,697|1,834,209|