2021-03-31-accounts - Keep Wales Tidy

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		Page
Trustees' report
Statement oftrustees'	responsibilities	14
Independent auditor's	report	15-18
Statement offinancial	activities	19
Balance sheet		20- 21
Statement ofcash flows		22
Notes to the financial	statements	23-38

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
			Notes	2021 f	2021 f	2021 6	2020 6	2020f	2020f
Donations and	legacies			10,518		10,518	37,576	116	37,692
Charitable activities				179,462	3,600,529	3,779,991	420,610	2,811,192	3,231,802
Investments				46,380		46,380	62,797		62,797
Other income				54,238	8,107	62,345	18,844	937	19,781
Total income				290,598	3,608,636	3,899,234	539,827	2,812,245	3,352,072
Exttamiituraua-'
Charitable activities				230,356	3,634,876	3,865,232	572,998	2,779,448	3,352,446
Net gains/(losses)		on
investments			11	263,418		263,418	(220,655)		(220,655)
Net movement	in	funds		323,660	(26,240)	297,420	(253,826)	32,797	(221,029)
Fund balances	at 1
Apdil 2020				1,259,735	470,572	1,730,307	1,513,560	437,775	1,951,335
Fund balances	at	31
March 2021				1,583,395	444,332	2,027,727	1,259,734	470,572	1,730,306

				2021		2020
				8		8
Fixed assets
Tangible assets			12				255
Investments			13		1,262,510		955,215
					1,262,510		955,470
Current assets
Debtors			15	794,169		174,499
Cash at bank and	in	hand		506,105		1,127,238
				1,300,274		1,301,737
Creditors: amounts		falling due within
one year			16	(535,057)		(526,901)
Net current assets					765,217		774,836
Total assets less	current liabilities				2,027,727		1,730,306
Income funds
Restricted funds			17		444,332		470,572
IJlltgg~ricted funds
Designated funds			18	1,050,000		1,050,000
General unrestricted		funds		533,395		209,734
					1,583,395		1,259,734
					2,027,727		1,730,306

				2021		2020
			Notes	6		6
Cash flows from operating		activities
Cash (absorbed by)/generated		from	23
operations					(623,636)		345,524
Investing	activities
Purchase	of investments			(43,877)		(64,237)
Investment	income received			46,380		62,797
Net cash	generated from/(used in)
investing	activities				2,503		(1,440)
Net cash	used in financing	activities
Net (decrease)/increase in		cash and cash
equivalents					(621,133)		344,084
Cash and	cash equivalents at beginning		ofyear		1,127,238		783,154
Cash and	cash equivalents	at end ofyear			506,105		1,127,238

			2021	2020
				6
Project income			31,000	95,801
Earned income			177,400	353,828
Sales ofservices	by beneficiaries			25,633
Grants received			3,571,591	2,756,540
			3,779,991	3,231,802
Analysis by fund
Unrestricted funds			179,462	420,610
Restricted funds			3,600,529	2,811,192
			3,779,991	3,231,802
Performance related grants
Job Retention Scheme			224,008
WG - EcoSchools			420,000	391,125
WG - Core				1,839,876
WG Caru Cymru			659,240
WG Local Places	for Nature	inc Tiny Forest	1,947,820
Heritage Lottery Fund			30,516	173,083
Sport Wales			62,798	95,000
WG - Other			60,000	5,536
Green Flag for Parks			71,099	64,682
Other			96,110	187,238
			3,571,591	2,756,540

		2021	2020
Income	from listed investments	45,406	61,679
Deposit	account interest	974	1,118
		46,380	62,797

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021 6	2021f	2021 6	2020f	2020 6	2020 f
Single	use carrier bag	44,770	8,107	52,877	18,844	937	19,781
Other	income	9,468		9,468
		54,238	8,107	62,345	18,844	937	19,781

		2021	2020
		6	6
Staffcosts		1,734,566	1,643,462
General project management		1,547,160	965,002
Publicity and promotion		77,779	80,060
Group support		14,359	23,658
Establishment costs		6,182	25,754
Meeting and conference		48	15,332
Training		452	16,638
Travel and subsistence		30,626	90,973
ICTcosts		37,467	68,015
Legal and professional		19,232	19,499
Sundry/Irrecoverable	VAT	15	1,406
		3,467,886	2,949,799
Share ofsupport costs (see note 8)		393,221	397,141
Share ofgovernance	costs (see note 8)	4,125	5,506
		3,865,232	3,352,446
Analysis by fund
Unrestricted funds		230,356	572,998
Restdcted funds		3,634,876	2,779,448
		3,865,232	3,352,446
For the year ended 31 March 2020
Unrestricted funds		572,998
Restricted funds		2,779,448
		3,352,446

Support costs
	Support	Governance	2021	Support	Governance	2020
	costs f	costs		costs f	costs f
Staff costs	199,835		199,835	241,194		241,194
Depreciation	255		255	3,951		3,951
General project
management	933		933	4,007		4,007
Publicity and promotion	13,865		13,865	11,603		11,603
Establishment costs	54,884		54,884	38,891		38,891
Meeting and conference	504		504	506		506
Training	152		152	436		436
Travel and subsistence	212		212	2,814		2,814
Legal and professional	33,369		33,369	71,054		71,054
Irrecoverable VAT	27,975		27,975	22,685		22,685
ICTCosts	61,237		61,237
Audit fees		4,125	4,125		4,055	4,055
Trustees expenses					717	717
Board meeting costs					734	734
	393,221	4,125	397,346	397,141	5,506	402,647
Analysed between
Charitable activities	393,221	4,125	397,346	397,141	5,506	402,647

The average	monthly number ofemployees during th	e year was:
		2021	2020
		Number	Number
Direct charitable		50	47
Fundraising	and publicity	1	3
Governance		2	2
Administration		4	4
		57	56
Employment	costs	2021f	2020f
Wages and salaries		1,579,154	1,557,564
Social security costs		139,703	142,586
Other pension costs		185,706	184,506
		1,904,563	1,884,656

2021	2020
Number	Number
2	1

12	Tangible fixed as	sets
									Other equlpmeht
									5
	Cost
	At 1 April 2020								111,802
	At 31 March 2021								111,802
	Depreciation and	impairment
	At 1 April 2020								111,547
	Depreciation charged		in the	year					255
	At 31 March 2021								111,802
	Carrying amount
	At 31 March 2020								255
13	Fixed asset investments
									Listed
									investments
	Cost or valuation
	At 1 April 2020								955,215
	Additions								43,877
	Valuation changes								263,418
	At 31 March 2021								1,262,510
	Carrying amount
	At 31 March 2021								1,262,510
	At 31 March 2020								955,215
14	Financial instruments							2021	2020
								6	5
	Carrying amount	offinancial			assets
	Debt instruments	measured		at	amortised	cost		758,229	141,060
	Instruments measured		at fair value through				profit or loss	1,262,510	955,215
	Carrying amount	offinancial			liabilities
	Measured at amortised		cost					495,527	490,505

15	Debtors	Debtors
	Amounts falling due		within one year:	2021f	2020 f
	Trade debtors			73,121	51,847
	Other debtors			685,108	89,213
	Prepayments	and accrued income		35,940	33,439
				794,169	174,499
15	Creditors: amounts		falling due within one year
				2021f	2020 f
	Other taxation	and social security		39,530	36,396
	Trade creditors			79,584	56,791
	Other creditors			23,217	22,407
	Accruals and	deferred	income	392,726	411,307
				535,057	526,901

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										Movement				Movement	Movement
										in funds				in	funds
								Balance at		Incoming			Balance at		Incoming		Balance at
								1 April 2S13 f		resources f			1 Apra 2S2S f		resources f		31 March 2021 f
	Working capital	reserves						750,000					750,000				750,000
	Strategic development		fund					300,000					300,000				300,000
								1,050,000					1,050,000				1,050,000
	The designated	working		capital		fund	has been set		up	to ensure		the	charity always		has access to three
	months working	capital.
	A strategic business		development			fund		off300k has	been put in		place to enable			the	charity	to	develop and
	make the most ofnew opportunities.
19	Analysis ofnet	assets between				funds
				Unrestricted				Restricted		Total		Unrestricted		Restricted			Total
						funds		funds					funds		funds
						2021		2021		2021			2020		2020		2020
							f	f			f		f			f	f
	Fund balances at 31
	March 2021 are
	represented by:
	Tangible assets												255				255
	Investments				1,262,510					1,262,510			955,215				955,215
	Current assets/
	(liabilities)				359,547			405,670		765,217			304,264		470,572		774,836
					1,622,057			405,670		2,027,727			1,259,734		470,572		1,730,306
20	Operating lease commitments
	At the reporting	end	date the		company			had outstanding		commitments			for future	minimum lease payments
	under non-cancellable		operating			leases,		which fall due		as follows:
															2021		2020f
	Within one year														30,896		30,141
	Between two and five years														53,719		81,219
															84,615		111,360

Cash generated from	operations	operations				2021	2020
						8	5
Surplus/(deficit) for the	year					297,421	(221,029)
Adjustments for:
Investment income recognised		in statement		offinancial	activities	(46,380)	(62,797)
Fair value gains and losses on		investments				(263,418)	220,655
Depreciation and impairment oftangible			fixed assets			255	4,210
Movements in working	capital:
(Increase)/decrease in	debtors					(619,670)	92,466
Increase in creditors						8,156	312,019
Cash (absorbed by)/generated		from operations				(623,636)	345,524