REGISTERED COMPANY NUMBER: 03828857 (England and Wales)
REGISTERED CHARITY NUMBER: 1086003
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2021
for
Benefit Advice Sho:
Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 ORN
Benefit Advice Shop
Contents of the Financial Statements for the year ended 31 March 2021
----- Start of picture text -----
Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 14
Detailed Statement of Financial Activities 15
----- End of picture text -----
Benefit Advice Shop
Report of the Trustees for the year ended 31 March 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The aim of the Benefit Advice Shop is to ensure that no person loses out financially due to lack of information about, or understanding of, the social security system. This is achieved by providing free, independent, professional advice on all aspects of the benefit system to the general public.
The basic philosophy is that everyone is entitled to high quality, comprehensive, free advice, information and assistance regarding their entitlements through the benefit system. This allows clients to maximise their income and in turn circulates money into the local economy.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Benefit Advice Shop's performance throughout 2020/21 has been good. It adapted its services well during the Covid 19 Pandemic to ensure that no-one who contacted us lost out on essential help. The demand on the service and the restricted resources available mean that it is not always possible to increase output in all areas of service provision. The Benefit Advice Shop continues to face a serious threat to its current level of provision with cutbacks to its funding. Whilst the organisation is working hard to try to replace this funding, it is finding it difficult, the Benefit Advice Shop would like, however to extend its thanks to those organisations which have continued to provide support over the years as well as those new funders who have provided grants for this financial year.
FINANCIAL REVIEW
Reserves policy
The Benefit Advice Shop has a policy of retaining reserves in order to maintain its services to the community whilst searching for grants and future donations for future periods.
FURTHER FINANCIAL REVIEW DETAILS
In 2020/21 we received funding from Gwynt Y Mér of £16834, Rhyl Town Council of £11,000, Trusthouse Charitable Foundation of £14,727,Bay of Colwyn Town Council of £4000, Conwy Town Council £1000, Prestatyn Town Council £1800, Prestatyn Coastal Communities Partnership £2500, Rhyl Coastal Communities Partnership £5616, National Lottery Community Fund £29680, National Lottery Community Fund Small Covid Fund of £9736,The Mooondance Foundation Covid Fund of £3611, The Community Fund Wales CRF of £5000, Comic Relief VSEF of £1720; for the financial year ended 31st March 2019 the Benefit Advice Shop was awardeda grant of £2000 from Department of Foreign Affairs and Trade; Emigrant Support Programme, the grant awarded covers the period running to 30th July 2020 and was for the following activities: specialist Welfare Benefit advice given to Irish Emigrant families. The grant awarded until the 31st July 2020 has all been spent during this period and the amount remaining for the period from 31st March 2020 to the end of July 2021 will be spent in the next financial year and so has not been recorded as income for the year ended 31st March 2021 but is carried forward as deferred income on the balance sheet.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Type of governing document: Memorandum and Articles of Association How the Charity is constituted: Company Limited by Guarantee Trustee selection methods: Elected at General Meeting
Recruitment and appointment of new trustees
The Trustees are appointed at the Annual General Meeting of the Benefit Advice Shop by the members present but can also be appointed during the year at the discretion of the Board of Trustees.
Organisational structure
The Board of Trustees meets monthly and delegates the daily decisions to the members of staff. Assessments and reviews of the achievements and objectives are constantly performed by the staff and the results are forwarded to the Trustees.
The daily management of the Benefit Advice Shop has been delegated by the Trustees to Barry Speake.
Induction and training of new trustees
The induction and training is carried out with regard to the policies and procedures agreed by the Board of Trustees.
Page 1
Benefit Advice Shop
Report of the Trustees for the year ended 31 March 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Additional Governance issues
The Benefit Advice Shop has a range of Policies and Procedures in place, including an Independence and Impartiality Policy and an Equality and Diversity Policy. The organisation will provide advice and assistance to any person who contacts them and places no geographical restrictions on its service provision, although this is coming under increasing pressure due to funding restrictions.
In order to be able to properly assist clients it is vital that the Benefit Advice Shop maintains a good professional relationship with other agencies in the area, such as Citizens Advice Bureaux, Shelter Cymru, Women's Aid, the Womens' Centre, The Red Cross and various community based and anti-poverty groups. The referral system in operation between local agencies and multi-agency take-up campaigns are two examples of local groups working constructively together to address the many difficulties faced by clients and to ensure the provision of high quality, comprehensive, accessible advice and assistance.
The company does not distribute any monies to the trustees, who are all unpaid volunteers. Any surplus made from the accounts is retained within the reserves of the company.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 03828857 (England and Wales)
Registered Charity number 1086003
Registered office
19 Bedford Street Rhyl Denbighshire LL18 iSY
Trustees
Mrs A C Renshaw-Buckley director (resigned 23/6/20) Mrs H Stoker director (resigned 26/7/21)
C L Hughes director (resigned 26/10/21)
Mrs M G Roberts director Miss M A Jones director Mrs P Keating director Mrs C Holliday director MrJ A Ball director MrJ R Drummond (appointed 29/7/20) Mr R L Thomas (appointed 27/8/20) (resigned 27/4/21)
Ms P Drummond (appointed 29/7/20) Mr MI Shipley (appointed 29/7/20)
Company Secretary
Mrs M G Roberts
Independent Examiner Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 ORN
Page 2
Benefit Advice Shop
Report of the Trustees for the year ended 31 March 2021
OTHER OPTIONAL INFORMATION
The Benefit Advice Shop would like to thank all those organisations which provide funding for their continued support and to extend thanks to those organisations which provided one-off grants.
In 2020 to 2021 the Benefit Advice Shop assisted 4061 people with 5080 enquiries, £263,614.27 in confirmed gains were obtained for clients, money that is circulated back into the local economy.
Finally, it is appropriate to thanks both the paid and unpaid staff for the last 12 months. The service provided by unpaid volunteers increases the level of service that can be provided to the public, without the assistance of the volunteers of the Benefit Advice Shop the paid members of staff would be unable to provide the same level of service. Approved by order of the board of trustees on fleets 9022... and signed on its behalf by:
IMAgonan
Miss M A Jones - Trustee
Mr J A Ball - Treasurer
Page 3
Independent Examiner's Report to the Trustees of Benefit Advice Shop
independent examiner's report to the trustees of Benefit Advice Shop (‘the Company’)
1 report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act'). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
| have completed my examination.
| confirm that no matters have come to my attention in connection with the examination giving
me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
----- Start of picture text -----
fof “holt
----- End of picture text -----
Aled Roberts BA (Hons) FCA Salisbury & Company
Chartered Accountants
lrish Square Upper Denbigh Road St Asaph Denbighshire LL17 ORN
Date: ke I 20Qd
Page 4
Benefit Advice Shop
Balance Sheet 31 March 2021
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|2021|2020|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|FIXED|ASSETS|
|Tangible|assets|8|7,910|2,490|10,400|7,991|
|CURRENT|ASSETS|
|Debtors|9|1,508|-|1,508|1,556|
|Cash|at|bank and|in|hand|159|71,099|71,258|68,599|
|1,667|71,099|72,766|70,155|
|CREDITORS|
|Amounts|falling due within|one year|10|(1,980)|(22,093)|(24,073)|(31,307)|
|NET CURRENT ASSETS|(313)|49,006|48,693|38,848|
|TOTAL ASSETS|LESS CURRENT LIABILITIES|7,597|51,496|59,093|46,839|
|ACCRUALS AND DEFERRED INCOME|11|-|-|-|(467)|
|NET ASSETS|7,597|51,496|59,093|46,372|
|FUNDS|12|
|Unrestricted|funds|7,597|41,752|
|Restricted|funds|51,496|4,620|
|TOTAL FUNDS|59,093|46,372|
----- End of picture text -----
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The th signedfinancialon its statementsbehalf by: were approved by the Board ofTrustees and authorised for issue onto ari iciaaea and were
Miss M A Jones - Chair MrJ A Ball - Treasurer
The notes form part of these financial statements
Page 6
Benefit Advice Shop
Statement of Financial Activities for the year ended 31 March 2021
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|2021|2020|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Donations and|legacies|2|10,110|120,440|130,550|122,705|
|Investment|income|3|5|-|5|1|
|Total|10,115|120,440|130,555|122,706|
|EXPENDITURE ON|
|Charitable|activities|
|Operating costs|44,270|73,564|117,834|113,589|
|NET INCOME/(EXPENDITURE)|(34,155)|46,876|12,721|9,117|
|RECONCILIATION|OF|FUNDS|
|Total funds|brought forward|41,752|4,620|46,372|37,255|
|TOTAL FUNDS CARRIED|FORWARD|7,597|51,496|59,093|46,372|
----- End of picture text -----
The notes form part of these financial statements
Page 5
Benefit Advice Shop
Notes to the Financial Statements for the year ended 31 March 2021
- ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of !reland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance Computer equipment - 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
- DONATIONS AND LEGACIES
| DONATIONS ANDAND LEGACIES | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Donations | 40 | 764 |
| Grants | 130,510 | 121,941 |
| 130,550 | 122,705 |
Page 7
continued...
Benefit Advice Shop
Notes to the Financial Statements - continued for the year ended 31 March 2021
2.
DONATIONS AND LEGACIES - continued
Grants received, included in the above, are as follows:
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|2021|2020|
|£|£|
|Rhyl Town|Council|11,000|11,000|
|Colwyn|Bay Town|Council|4,000|4,000|
|Conwy Town|Council|-|1,000|
|The|National|Lottery|Community|Fund|29,680|29,396|
|Reaching Justice Wales|-|4,000|
|Oakdale Trust|-|1,000|
|Trusthouse|Charitable|Foundation|14,727|9,818|
|Government of Ireland;|Emigrant Support|Programme|2,000|2,000|
|Prestatyn Town|Council|1,800|1,800|
|Santander|467|175|
|RWE|Coastal|Partnership|1,575|6,300|
|Community|Foundation|In|Wales|5,000|-|
|Denbighshire|Coastal|Partnership|2,808|5,616|
|Gwynt Y Mor|18,237|21,894|
|Comic|Relief Community|Fund|9,933|-|
|Prestatyn &|Meliden|Partnership|1,250|2,500|
|Communities|for Work|430|-|
|Conwy|Rhy!|Flats|
|-|9,385|
|Rhyl Town|Council|match funding|-|8,000|
|Grantscape|2,392|2,392|
|Moondance Foundation|3,611|-|
|Comic|Relief VSEF|1,720|-|
|National|Lotter Community Fund|Small|Covid|Fund|9,736|-|
|Rhyl|Flats Community|Fund|9,504|-|
|Other grants|640|1,665|
|130,510|121,941|
----- End of picture text -----
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|3.|INVESTMENT|INCOME|
|2021|2020|
|£|£|
|Deposit account|interest|5|1|
|4.|NET INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is stated|after charging/(crediting):|
|2021|2020|
|£|£|
|Depreciation|- owned|assets|2,125|1,820|
|Hire|of|plant and|machinery|-|985|
----- End of picture text -----
5. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees’ expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Page 8
continued...
Benefit Advice Shop
Notes to the Financial Statements - continued for the year ended 31 March 2021
6. STAFF COSTS
| The average monthlynumber ofemployees duringtheyearwas asfollows: | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Charity activities | 4 | 4 | ||
| Other | _ i | __1 | ||
| — | a) | |||
| Noemployees received emoluments in excess of£60,000. | ||||
| Zs | COMPARATIVES FORTHESTATEMENTOF FINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| £ | £ | £ | ||
| INCOMEAND ENDOWMENTS FROM | ||||
| Donations and legacies | 17,731 | 104,974 | 122,705 | |
| Investment income | 1 | - | 1 | |
| Total | 17,732 | 104,974 | 122,706 | |
| EXPENDITUREON | ||||
| Charitable activities | ||||
| Operating costs | 8,627 | 104,962 | 113,589 | |
| NETINCOME | 9,105 | 12 | 9,117 | |
| Transfersbetweenfunds | 22,485 | (22,485) | - | |
| Netmovement infunds | 31,590 | (22,473) | 9,117 | |
| RECONCILIATION OF FUNDS | ||||
| Totalfunds broughtforward | 10,163 | 27,092 | 37,255 | |
| TOTALFUNDSCARRIEDFORWARD | 41,753 | 4,619 | 46,372 | |
| 8. | TANGIBLE FIXED ASSETS | |||
| Fixtures | ||||
| and | Computer | |||
| fittings | equipment | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 April 2020 | 32,327 | 11,090 | 43,417 | |
| Additions | - | 4,534 | 4,534 | |
| At31 March 2021 | 32,327 | 15,624 | 47,951 | |
| DEPRECIATION | ||||
| At 1April 2020 | 26,945 | 8,481 | 35,426 | |
| Chargeforyear | 807 | 1,318 | 2,125 | |
| At31March2021 | 27,752 | 9,799 | 37,551 |
NET BOOK VALUE
Page 9
continued...
| At31 | 31 | March | 2021 | 4,575 | 5,825 | 10,400 |
|---|---|---|---|---|---|---|
| At31 | 31 | March | 2020 | 5,382 | 2,609 | 7,991 |
Page 9
continued...
Benefit Advice Shop
Notes to the Financial Statements - continued for the year ended 31 March 2021
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|9.|DEBTORS: AMOUNTS|FALLING|DUE WITHIN|ONE|YEAR|
|2021|2020|
|£|£|
|Prepayments|1,508|1,556|
|10.|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE YEAR|
|2021|2020|
|£|£|
|Other creditors|344|328|
|Accruals and|deferred|income|22,093|29,370|
|Accrued|expenses|1,636|1,609|
|24,073|31,307|
|11.|ACCRUALS AND DEFERRED INCOME|
|2021|2020|
|£|£|
|Deferred|grants|- Santander|~|467|
|12.|MOVEWNIENT|IN|FUNDS|
|Net|
|movement|At|
|At 1/4/20|in funds|31/3/21|
|£|£|£|
|Unrestricted|funds|
|General fund|41,752|(34,155)|7,597|
|Restricted|funds|
|Trusthouse|Charitable|Foundation|-|4,909|4,909|
|Government|of|Ireland;|Emigrant Support|
|Programme|-|500|500|
|Santander voucher|account|20|467|487|
|RWE|Coastal|Partnership|4,600|1,575|6,175|
|Comic|Relief Community|Fund|-|9,933|9,933|
|Gwynt Y|Mor|-|11,220|11,220|
|Denbighshire|Coastal|Partnership|-|2,808|2,808|
|Grantscape|-|2,392|2,392|
|Moondance|Foundation|-|3,568|3,568|
|Rhyl|Flats|Community|Fund|-|9,504|9,504|
|4,620|46,876|51,496|
|TOTAL FUNDS|46,372|12,721|59,093|
----- End of picture text -----
Page 10
continued...
Benefit Advice Shop
Notes to the Financial Statements - continued for the year ended 31 March 2021
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted funds|
|General fund|10,115|(44,270)|(34,155)|
|Restricted funds|
|Big|Lottery|29,680|(29,680)|-|
|Trusthouse|Charitable|Foundation|14,727|(9,818)|4,909|
|Government|of|Ireland;|Emigrant|Support|
|Programme|2,000|(1,500)|500|
|Santander voucher|account|467|-|467|
|Rhyl Town|Council|11,000|(11,000)|-|
|RWE|Coastal|Partnership|1,575|-|1,575|
|Comic|Relief Community|Fund|11,653|(1,720)|9,933|
|Gwynt Y|Mor|18,237|(7,017)|11,220|
|Prestatyn|&|Meliden|Partnership|1,250|(1,250)|-|
|Denbighshire|Coastal|Partnership|2,808|-|2,808|
|Prestatyn Town|Council|1,800|(1,800)|-|
|Grantscape|2,392|-|2,392|
|Moondance|Foundation|3,611|(43)|3,568|
|National|Lottery|covid|fund|9,736|(9,736)|-|
|Rhyl|Flats|Community|Fund|9,504|-|9,504|
|120,440|(73,564)|46,876|
|TOTAL FUNDS|130,555|(117,834)|12,721|
|Comparatives|for movement|in funds|
|Net|Transfers|
|movement|between|At|
|At|1/4/19|in|funds|funds|31/3/20|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|10,163|9,104|22,485|41,752|
|Restricted|funds|
|Conwy|Families|First|5,000|-|(5,000)|-|
|Denbighshire|Families|First|5,250|-|(5,250)|-|
|Santander voucher|account|7|13|-|20|
|RWE|Coastal|Partnership|4,600|-|-|4,600|
|CAB|Communities|First|1,500|-|(1,500)|-|
|CAB|Sub|Contract|10,735|-|(10,735)|-|
|27,092|13|(22,485)|4,620|
|TOTAL FUNDS|37,255|9,117|-|46,372|
----- End of picture text -----
Page 11
continued...
Benefit Advice Shop
Notes to the Financial Statements - continued for the year ended 31 March 2021
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
----- Start of picture text -----
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General fund|17,732|(8,628)|9,104|
|Restricted|funds|
|Big|Lottery|29,395|(29,395)|=|
|Oakdale|Trust|(Training)|1,000|(1,000)|-|
|Trusthouse|Charitable|Foundation|9,817|(9,817)|-|
|Santander voucher account|175|(162)|13|
|Rhyl Town|Council|11,000|(11,000)|-|
|RWE|Coastal|Partnership|6,300|(6,300)|-|
|Gwynt Y Mor|21,894|(21,894)|-|
|Denbighshire|Coastal|Partnership|5,616|(5,616)|-|
|Conwy|Rhyl|Flats|9,385|(9,385)|-|
|Rhyl Town|Council|match funding|8,000|(8,000)|-|
|Grantscape|2,392|(2,392)|-|
|104,974|(104,961)|13|
|TOTAL FUNDS|122,706|(113,589)|9,117|
|A|current year|12|months|and|prior year|12|months|combined|position|is|as|follows:|
|Net|Transfers|
|movement|between|At|
|At|1/4/19|in funds|funds|31/3/21|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|10,163|(25,051)|22,485|7,597|
|Restricted|funds|
|Trusthouse|Charitable|Foundation|-|4,909|-|4,909|
|Government|of|Ireland;|Emigrant|Support|
|Programme|-|500|-|500|
|Conwy|Families|First|5,000|-|(5,000)|-|
|Denbighshire|Families|First|5,250|-|(5,250)|-|
|Santander|voucher account|7|480|-|487|
|RWE|Coastal|Partnership|4,600|1,575|-|6,175|
|CAB|Communities|First|1,500|-|(1,500)|-|
|CAB|Sub|Contract|10,735|-|(10,735)|-|
|Comic|Relief Community|Fund|-|9,933|-|9,933|
|Gwynt Y|Mor|-|11,220|-|11,220|
|Denbighshire|Coastal|Partnership|-|2,808|-|2,808|
|Grantscape|-|2,392|-|2,392|
|Moondance|Foundation|-|3,568|-|3,568|
|Rhyl|Flats|Community|Fund|-|9,504|-|9,504|
|27,092|46,889|(22,485)|51,496|
|TOTAL FUNDS|37,255|21,838|-|59,093|
----- End of picture text -----
Page 12
continued...
Benefit Advice Shop
Notes to the Financial Statements - continued for the year ended 31 March 2021
12. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | infunds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| Generalfund | 27,847 | (52,898) | (25,051) | |
| Restricted funds | ||||
| Big Lottery | 59,075 | (59,075) | 2 | |
| OakdaleTrust (Training) | 1,000 | (1,000) | - | |
| Trusthouse Charitable Foundation Government ofireland; EmigrantSupport |
24,544 | (19,635) | 4,909 | |
| Programme | 2,000 | (1,500) | 500 | |
| Santandervoucheraccount | 642 | (162) | 480 | |
| RhylTownCouncil RWECoastal Partnership Comic ReliefCommunityFund |
22,000 7,875 11,653 |
(22,000) (6,300) (1,720) |
- 1,575 9,933 |
|
| GwyntYMor | 40,131 | (28,911) | 11,220 | |
| Prestatyn&Meliden Partnership Denbighshire Coastal Partnership |
1,250 8,424 |
(1,250) (5,616) |
- 2,808 |
|
| PrestatynTown Council | 1,800 | (1,800) | - | |
| ConwyRhyI Flats RhylTown Council matchfunding Grantscape |
9,385 8,000 4,784 |
(9,385) (8,000) (2,392) |
- - 2,392 |
|
| Moondance Foundation | 3,611 | (43) | 3,568 | |
| National Lotterycovidfund | 9,736 | (9,736) | - | |
| Rhyl FlatsCommunityFund | 9,504 | - | 9,504 | |
| 225,414 | (178,525) | 46,889 | ||
| TOTALFUNDS | 253,261 | (231,423) | 21,838 | |
| 13. | RELATEDPARTYDISCLOSURES |
There were no related party transactions for the year ended 31 March 2021.
Page 13
continued...
Notes to the Financial Statements - continued for the year ended 31 March 2021
- FUNDS
Benefit Advice Shop
Gwynt Y Mor (£16,834) provide funds to for workers salaries and assists with home visit travel.
RWE Innogy (£1,575) _ is a grant to fund an advice worker for the Conwy area outreach offices.
Rhy! Town Council (£11,000) provides funding to employ an appeal worker and part-time Welfare Rights Trainee to assist with advice in the Rhyl Office.
Bay of Colwyn Town Council (£4,000) and Prestatyn Town Council (£1,800) provided funding to assist the residents of their communities to access Welfare Benefit advice.
Prestatyn Coastal Communities Partnership (£2,500) supports the outreach offices in Prestatyn as well as the residents of Prestatyn and Meliden.
Rhyl Coastal Communities Partnership (£5,616) provides funding for advice given within the Rhyl area.
Rhyl Flats Community Funds (£9,504) provided funding to support local groups and organisations within the community.
Department of Foreign Affairs and Trade; Emigrant Support Programme (£2,000) the grant awarded covers the period running to 30th July 2021 and was for the following activities: specialist Welfare Benefit advice given to Irish Emigrant families.
The National Lottery community Fund (£29,680) awarded in 2021 will provide funding for an appeal worker in the Conwy area.
Moondance Foundation Covid Relief Fund (£3,611) provided funding for equipment.
National Lottery Community Fund Small Covid fund (£9,736) funding towards salaries and running costs.
The Trusthouse Charitable Foundation (£14,727) provided funding which will fund an advice worker to assist families in Denbighshire.
Community Foundation Wales CRF (£5,000) provided funding for running costs.
Grantscape via Burbobank (£2,392) funding towards advisor salary and outreach expenses for home and hospital visits.
Comic Relief Voluntary Service Emergency Fund (£1,720) funding towards running costs.
Clients kindly provided donations of £1,070
Page 14
Benefit Advice Shop
Detailed Statement of Financial Activities for the year ended 31 March 2021
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|2021|2020|
|£|£|
|INCOME AND|ENDOWMENTS|
|Donations and|legacies|
|Donations|40|764|
|Grants|130,510|121,941|
|130,550|122,705|
|Investment income|
|Deposit account|interest|5|1|
|Total|incoming|resources|130,555|122,706|
|EXPENDITURE|
|Charitable|activities|
|Wages|97,108|89,024|
|Pensions|1,774|1,626|
|Hire|of|plant and|machinery|-|985|
|Service &|maintenance|charges|1,871|2,495|
|Insurance|4,707|_|.|2,783|
|Telephone|2,083|2,716|
|Postage|and|stationery|1,621|2,620|
|Advertising|1,597|1,329|
|Sundries|994|755|
|Staff training|60|43|
|Repairs|and|maintenance|-|107|
|Publications|619|124|
|Computer costs|606|840|
|Travelling expenses|144|2,061|
|Room|hire|125|370|
|Fixtures|and|fittings|807|950|
|Computer equipment|1,317|869|
|115,433|109,697|
|Support costs|
|Governance|costs|
|Accountancy|fees|2,350|2,218|
|Legal|fees|51|1,674|
|2,401|3,892|
|Total|resources|expended|117,834|113,589|
|Net income|12,721|9,117|
----- End of picture text -----
This page does not form part of the statutory financial statements
Page 15