2021-03-31-accounts - Refurbs Flintshire

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			Page
Report ofthe Trustees		I	to	8
Report ofthe Independent Auditors		9	to	12
Statement ofFinancial	Activities		13
Balance Sheet			14
Cash Flow Statement			15
Notes to the Cash Flow Statement			16
Notes to the Financial	Statements	17	to	24
Detailed Statement ofFinancial Activities		25	to	26

					31.3.21	31.3.20
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes				g
INCOME AND ENDOWMENTS FROM
Donations and legacies		2	467,341	352,471	819,812	411,637
Other trading activities		3	251,801		251,801	285,547
Investment income		4	50		50	120
Total			719,192	352,471	1,071,663	697,304
EXPENDITURE ON
Raising funds		5	28,794		28,794	22,806
Charitable activities
Office costs			209,381		209,381	249,367
Wage costs			474,415		474,415	410,035
Project costs				36,611	36,611
Total			712,590	36,611	749,201	682,208
NET INCOME			6,602	315,860	322,462	15,096
RECONCILIATION	OF FUNDS
Total funds brought forward			81,017	32,610	113,627	98,531
TOTAL FUNDS CARRIED FORWARD			87,619	348,470	436,089	113,627

	3)ST	MARCH 2021
				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets	12	20,135	328,375	348,510	30,631
CURRENT ASSETS
Stocks	13	23,608		23,608	28,122
Debtors	14	126,685		126,685	71,093
Cash at bank and in hand		75,269	20,095	95,364	76,251
		225,562	20,095	245,657	175,466
CREDITORS
Amounts falling due within one year	15	(158,078)		(158,078)	(92,470)
NET CURRENT ASSETS		67,484	20,095	87,579	82,996
TOTAL ASSETSLESSCURRENT
LIABILITIES		87,619	348,470	436,089	113,627
NET ASSETS		87,619	348,470	436,089	113,627
FUNDS	16
Unrestricted funds				87,619	81,017
Restricted funds				348,470	32,610
TOTAL FUNDS				436,089	113,627

					SH FLOW STATEMENT
			FOR		THE YEARENDED 31 TMARCH 2021
					31.3.21	31.3.20
					Notes
Cash fiows from operating		activities
Cash generated fmm operations					348,701	24,835
Net cash provided by operating			activities		348,701	24,835
Cash flows from investing		activities
Purchase oftangible fixed	assets				(329,638)	(6,109)
Saleoffixed asset investments						1
Interest received					50	120
Net cash used in investing	activities				(329,588)	(5,988)
Change in cash and cash	equivalents			in
the reporting period					19,113	18,847
Cash and cash equivalents		at	the
betp'nning ofthe reporting		period			76,251	57,404
Cash and cash equivalents		at	the end	of
the reporting period					95,364	76,251

		NOTES TO THE CASH FLOW STATEMENT FORTHE YEARENDED 31STMARCH 2021
RECONCILIATION		OFNET INCOME TO NET CASH FLOW FROM	OPERATING ACTIV1TIES
			31.3.21	31.3.20
Net income for the	reporting period (asper the Statement ofFinancial
Activities)			322,462	15,096
Adjustments for:
Depreciation charges			11,759	11,766
Interest received			(50)	(120)
(Increase)/decrease	in	group debtor		7,002
Decrease/(increase)	in	stocks	4,514	(7,154)
(Increase)/decrease	in	debtors	(55,592)	7,060
Increase/(decrease)	in	creditors	65,608	(8,815)
Net cash provided	by	operations	348,701	24,835

	At 1.4.20	Cash flow	At 31.3.21
Net cash
Cash at bank and in hand	76,251	19,113	95,364
	76,251	19,113	95,364
Total	76,251	19,113	95,364

2.	DONATIONS AND LE	GACIES
			31.3.21	31.3.20
	Donations		91,864	269,935
	Grants		581,208	14,467
	Other income		146,740	127,235
			819&812	411,637
	Grants received, included	in the above, are as follows:
			31.3.21	31.3.20
	Flintshire County Council		14,467	14,467
	Covid Recovery Grant		95,000
	Coronavirus Job Retention	Scheme	119,270
	Welsh Government Circular Economy Fund		352,471
			581,208	14,467
3.	OTHER TRADING ACTIVITIES
			31.3.21	31.3.20
	Furniture sales		21,839	25,325
	Waste collection &management		224,963	247,358
	Distribution and carriage		4,999	12,864
			251,801	285,547
4.	INVESTMENT INCOME
			31.3.21	31.3.20
			f.
	Deposit account interest		50	120

5.	RAISING FUNDS
	Other trading activities
				31.3.21	31.3.20
				8
	Purchases			28,794	22,'806
6.	CHARITABLE ACTIVITIES COSTS
				Support
			Direct	costs (see
			Costs	note 7)	Totals
	Office costs		191,321	18,060	209,381
	Wage costs		474,415		474,415
	Project costs		36,611		36,611
			702,347	18,060	720,407
7.	SUPPORT COSTS
					Governance
					costs
	Oiffice costs				18,060
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting);
				31.3.21	31.3.20
	Depreciation - owned assets			11,759	11,767
	Hire ofplant and machinery				26
	Other operating leases			52,842	55,112

10.	WAGE COSTS
						31.3.21	31.3.20
	Wages and salaries					437,895	410,035
	Social security costs					22,351	22,120
	Other pension costs					14,169	15,014
						474,415	447,169
	The average monthly	number ofemployees			during the year was as follows:
						31.3.21	31.3.20
	Refurbs Flintshire					28	27
	No employees received		emoluments	in excess of$60,000.
11.	COMPARATIVES FORTHK STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					fund	fund	funds
							f,
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies				353,598	58,039	411,637
	Other trading activities				285,547		285,547
	Inveslment income				120		120
	Total				639,265	58,039	697,304
	EXPENDITURE ON
	Raising funds				22,806		22,806
	Charitable activities
	Office costs				249,367		249,367
	Wage costs				384,606	25,429	410,035
	Total				656,779	25,429	682,208
	NET INCOME/(EXPENDITURE)				(17,514)	32,610	15,096
	RECONCILIATION		OF FUNDS
	Total funds brought	forward			98,531		98,531
	TOTAL FUNDS CARRIED FORWARD				81,017	32,610	113,627

12.	TANGIBLE FIXEDASSETS
				Fixtures
		Freehold	Plant and	and	Motor
		property I	machinery	fittings	vehicles	Totals
	COST
	At 1st April 2020		11,640	68,190	39,684	119,514
	Additions	285,904		43,734		329,638
	Disposals		(11,640)	(25,744)	(22,515)	(59,899)
	At 31stMarch 2021	285,904		86,180	17,169	389,253
	DEPRECIATION
	At 1st April 2020		11,640	50,150	27,093	88,883
	Charge for year			8,325	3,434	11,759
	Eliminated on disposal		(11,640)	(25,744)	(22,515)	(59,899)
	At 31stMarch 2021			32,731	8,012	40,743
	NET BOOKVALUE
	At 31stMarch 2021	285,904		53,449	9,157	348410
	At 31stMarch 2020			18,040	12,591	30,631
13.	STOCKS
					31.3.21	31.3.20
	Stocks				23,608	28,122
14.	DEBTORS:AMOUNTS FALLING DUE		WITHIN ONK YEAR
					31.3.21	31.3.20
	Trade debtors				47,487	19,359
	Amounts owed by group undertakings				35,000	35,000
	Other debtors				2,625	2,625
	VAT				39,428
	Prepayments and accrued income				2,145	14,109
					126,685	71,093

15.	CREDITOR	S	: AMOUNTS	FA	LLING DUE WITHIN ONE	YEAR
							31.3.21	31.3.20
	Trade creditors						118,709	22,702
	Social security		and other taxes				5,460	8,998
	Accrued expenses						33,909	60,770
							158,078	92,470
16.	MOVEMENT		IN FUNDS
							Net
							movement	At
						At 1.4.20	in funds	31.3.21
	Unrestricted	funds
	General fund					81,017	6,602	87,619
	Restricted funds
	Restricted					32,610	315,860	348,470
	TOTAL FUNDS					113,627	322,462	436,089
	Net movement		in funds, included		in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
	Unrestricted	funds
	General fund					719,192	(712,590)	6,602
	Restricted funds
	Restricted					352,471	(36,611)	315,860
	TOTAL FUNDS					1,071,663	(749,201)	322,462
	Comparatives		for movement	in	funds
							Net
							movement	At
						At 1.4.19	in funds	31.3.20
	Unrestricted	funds
	General fund					98,531	(17,514)	81,017
	Restricted funds
	Restricted						32,610	32,610
	TOTAL FUNDS					98,531	15,096	113,627

		Incoming	Resources	Movement
		fcsoufccs	expended	in funds
				8
Unrestricted	funds
General fund		639,265	(656,779)	(17,514)
Restricted funds
Reshicted		58,039	(25,429)	32,610
TOTAL FUNDS		697304	(682,208)	15,096
A current year	12months and prior year 12months combined position is as follows:
			Net
			movement	At
		At 1.4.19	in funds	31.3.21
Unrestricted	funds
General fund		98,531	(10,912)	87,619
Restricted funds
Restricted			348,470	348,470
TOTAL FUNDS		98,531	337,558	436,089

		Incoming	Resources	Movement
		rcsollrccs	expended	in funds
Unrestricted	funds
General fund		1,358,457	(1,369,369)	(10,912)
Restricted funds
Restricted		410,510	(62,040)	348,470
TOTAL FUNDS		1,768,967	(1,431,409)	337,558
Unrestricted	Reserves

	FORTHE YEARENDED	31STMARCH 2021
		31.3.21	31.3.20
INCOME AND	ENDOWMENTS
Donations and legacies
Donations		91,864	269,935
Gmnts		581,208	14,467
Other income		146,740	127,235
		819,812	411,637
Other trading activities
Furniture sales		21,839	25,325
Waste collection	&management	224,963	247,358
Distribution and	caniage	4,999	12,864
		251,801	285,547
Investment income
Deposit account	interest	50	120
Total incoming	resources	1,071,663	697,304
EXPENDITURE
Other trading activities
Purchases		28,794	22,806
Charitable activities
Wages		437,895	410,035
Social security		22,351	22,120
Pensions		14,169	15,014
Hire ofplant and machinery			26
Other operating	leases	52,842	55,112
Insurance		3,887	7,839
Light and heat		9,028	12,769
Telephone		3,510	5,881
Postage and stationery		2,323	3,362
Advertising		1,526	2,620
Sundries		1,140
Motor expenses		61,754	38,435
Health and safety		2,851	2,822
Software and IT	support	6,519	5,672
Repairs and renewals		32,376	27,875
Protective clothing		3,672	5,196
Security		1,678	679
Trallllllg		5,225	3,232
Subscriptions		824	1,776
Sundry expenses		1,889	3,372
Management charges		25,129	10,000
Fixtures and fittings		11,759	11,766
		702,347	645,603

	F RTHE EN	DED31 TMARCH2 21
		31.3.21	31.3.20
Support costs
Governance	costs
Bank charges		1,678	3,200
Professional	fees	14,882	9,099
Auditors remuneration		1,500	1,500
		18,060	13,799
Total resources	expended	749,201	682,208
Net income		322,462	15,096