||**Page**|
|---|---|
|Reference and Administration Details|1|
|Report of the Trustees|2 to10|
|Statement of Trustees Responsibilities|11|
|Report of the Independent Auditors|12 to 14|
|Statement of Consolidated Financial Activities|15|
|Balance Sheets|16|
|Statement of Consolidated Cash Flows|17|
|Notes to the Consolidated Financial Statements|18 to 33|





## 

|**Charity name**|**Promo−Cymru Ltd**|
|---|---|
|**Charity registration number**|**1094652**|
|**Company registration number**|**1816889**|
|**Principal office**|**17 West Bute Street**|
||**Cardiff**|
||**CF10 5EP**|
|**Registered office**|**17 West Bute Street**|
||**Cardiff**|
||**CF10 5EP**|
||**The charity is incorporated in England and Wales.**|
|**Trustees**|**M Morgan, Chair**|
||**M Bowden**|
||**D M Martin**|
||**S Corria**|
||**L Kingdon**|
||**A Rogan**|
||**R Crewe−Rees**|
||**MD Williams**|
||**AS Ozalp**|
|**Secretary**|**M Gil−Cervantes**|
|**Auditors**|**Robert Hugh Limited**|
||**Registered Auditors and Chartered Accountants**|
||**15 Dan y Bryn Avenue**|
||**Radyr**|
||**Cardiff**|
||**CF15 8DD**|





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||an annual review of the risks the charity mayface|
|---|---|
||the establishment of systems and procedures to mitigate those risks identified|
||in the plan|
||the implementation of procedures designed to minimise any potential impact on|
||the charity should those risks materialise|
|Trustees:|risk management statement −reviewed each year|
||conflict of interest register−updated each year|
||trustee welcome pack inclusive of signed statements ofability to serve as a trustee|
|Staff:|proof of ID required|
||DBS checks (where applicable)|
||references|
||probation period|
||regular appraisals|
||comprehensive personnel files|
||trained to ensure capability to undertake role|
|HR:|ongoing updates and training to keep up with changes in legislation|
||robust policy and procedures −updates where required|
||back up legal assistance in place|
|Health & safety:|office risk assessments|
||updates and training when necessary|
|Information technology:|all laptops are password protected and equipped with the latest AVG antivirus|
||software|
||users are required to change their 0ffice365 password every 90 days for security|
||purposes|
||all websites are secured with SSL Certificates. Independent web security testing|
||takes place annually.|



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|1|Helpline expertise, online and office information to include the promotion of citizen voices. We have|
|---|---|
||developed an integrated communications model to better describe our offer.|
|2|The development of further support to communities, families and people of all ages to support both|
||physical and social developments.|
|3|The development of support and mentoring services to other third sector organisations such as leadership|
||and management development, finance management and other corporate issues.|
|4|The support of organisations to better utilise Service Design Methodologies, IT and communications|
||technology, such as social media practice and policy.|
|5|The development of our central administrative building to allow disparate areas of Promo−Cymru to be|
||housed together and the wider involvement of clients and other organisations in the work of the|
||organisation is working well. We will continue to review better and more efficient use of the building|
||and consider renting further spaces to like minded organisations.|
|6|Promo−Cymru has begun the exploration of working with young people on the development of Social|
||and Environmental Economy projects and organisations.|






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|||||Continuing|Discontinued|||
|---|---|---|---|---|---|---|---|
|||||operations|operations|||
|||**Unrestricted**|**Restricted**|total|total||**Total**|
||**Notes**|**funds**|**funds**|**2021**|**2021**||**2021**|
|||**£**|**£**|**£**|**£**||**£**|
|**INCOME AND ENDOWMENTS FROM:**||||||||
|Activities for generating funds|3|765,365|−|765,365||−|765,365|
|Voluntary income|4|1000|−|1,000|||1,000|
|Investment income|5|65,174|−|65,174||−|65,174|
|Charitable activities|6|34,560|350,324|384,884||−|384,884|
|**Total income**||866,099|350,324|1,216,423||−|1,216,423|
|**EXPENDITURE ON:**||||||||
|Charitable activities|**7**|820,312|132,368|952,680||−|952,680|
|**Total expenditure**||820,312|132,368|952,680||−|952,680|
|**NET INCOME/(EXPENDITURE)**||45,787|217,956|263,743||−|263,743|
|Gross transfers between funds||||||||
|||−|−|−||−|−|
|**NET MOVEMENT IN FUNDS**||45,787|217,956|263,743|||263,743|
|**Reconciliation of funds:**||||||||
|Total funds brought forward||318,936|735,428|1,054,364|||1,054,364|
|TOTAL FUNDS CARRIED FORWARD|19|364,723|953,384|1,318,107|||1,318,107|
|||||Continuing|Discontinued|||
|||||operations|operations|||
|||**Unrestricted**|**Restricted**|total|total||**Total**|
||**Notes**|**funds**|**funds**|**2020**|**2020**||**2020**|
|||**£**|**£**|**£**|**£**||**£**|
|**INCOME AND ENDOWMENTS FROM:**||||||||
|Activities for generating funds|3|787,677|−|787,677||−|787,677|
|Voluntary income|4|500|−|500||−|500|
|Investment Income|5|27,484|28,988|56,472||−|56,472|
|Charitable activities|6|8,492|140,689|149,181||−|149,181|
|**Total income**||824,153|169,677|993,830||−|993,830|
|**EXPENDITURE ON:**||||||||
|Charitable activities|**7**|787,425|190,500|977,925||−|977,925|
|**Total expenditure**||787,425|190,500|977,925||−|977,925|
|**NET INCOME/(EXPENDITURE)**||36,728|−20,823|15,905||−|15,905|
|Gross transfers between funds||11,239|−11,239|−||||
|**NET MOVEMENT IN FUNDS**||47,967|−32,062|15,905||−|15,905|
|**Reconciliation of funds:**||||||||
|Total funds brought forward||270,969|767,490|1,038,459||−|1,038,459|
|TOTAL FUNDS CARRIED FORWARD|19|318,936|735,428|1,054,364||−|1,054,364|





|||**Consolidated**|**Consolidated**|**Company,**|**Company,**||
|---|---|---|---|---|---|---|
|||**2021**|**2020**|**2021**|**'2020**|**,**|
|||**Total**|**Total**|**Total**|**Total**||
||**Notes**|**funds**|**funds**|**funds**|**funds**||
|||**f**|**E**|**f**|**C**||
|**FIXED ASSETS**|||||||
|Tangible.assets|**14**|**1,363,734**|**1,141,572.**|**1,354,782.**|**1,130;582**||
|Investments|**15**|**−**||**100**||**100**|
|||**1,363;734**|**1,141,572**|**1,354,882**|**.1,130,682**||
|**,CURRENTASSETS**|||||||
|−Stocks||**1;9−13**|**1,557**|**−−**||**−**|
|Debtors|**16**|**124;456**|**.81,211**|**102,035,**||**.79.283**|
|Cash at baritc and in hand||**347,04.6**|**164,202**|**:205,205**||**53303**|
|||**473;415**|**.246;972**|**307;240,**|**132,486**||
|**CREDITORS**|||||||
|Amounts falling due within one year|**17**|**−317,812**|**z.124,313'**|**−193,788**||**−46;116**|
|**NET CURRENT ASSETS**||**155603**|**122,659**|**113,452**||**86,370**|
|**TOTALASSETS LESS CURRENT**|||||||
|**.LIABILITIES**||**1;519337**|**1,264,231**|**1,468,334−**|**1.,217,052**||
|**CREDITORBAND PROVISIONS**|||||||
|Amounts:falling due.afterone year|**18**|**−199;880**|**−208,267'**|**−199;880.**|**208;267**||
|Provisions for liabilities|**'18**|**−1;350**|**−1,600**||||
|||**1,318;107**|**1;054,364**|**1,268,454**|**1,008,785**||
|**FUNDS**|||||||
|Unrestricted−funds|**19:**|**364;723**|**318,936**|**315,070**||**273,357**|
|Restricted: funds|**19**|**'953;384**|**735,428'**|**953;384**||**735;428**|
|**−NET ASSETS**||**1;318;107**|**1;054,364**|**1;268,454**|**1,008,785**||





## 

|||**Consolidated**|**Consolidated**|**Company**||
|---|---|---|---|---|---|
|||**2021**|**2020**|**2021**|**2020**|
|||**Total**|**Total**|**Total**|**Total**|
||**Notes**|**funds**|**funds**|**funds**|**funds**|
|||**f**|**f**|**f**|**f**|
|**Cash flows from operating activities**||||||
|Net cash income||263,743|15,905|259,669|8,495|
|**Adjustments to cash flows from non−cash items**||||||
|Depreciation||33,945|36,550|30,209|32,519|
|||297,688|52,455|289,878|41,014|
|**Working capital adjustments**||||||
|(Increase)/decrease In stocks||−356|1,830|−|−|
|(Increase)/decrease in debtors|15|−43,243|19,419|−22,752|−52,074|
|(Decrease)/increase in creditors|16|161,737|−38,162|129,717|733|
|(Decrease)/increase In deferred Income|17|28,217|7,914|14,410|6,534|
|(Decrease)/Increase in provisions|17|−250|100|−|−|
|**Net cash flows from operating activities**||**443,793**|**43,556**|**411,253**|**−3,793**|
|**Cash flows from investing activities**||||||
|**Purchase of**tangible fixed assets|14|−256,107|−5,981|−254,409|**−1,800**|
|**Net cash flows from Investing activities**||−256,107|−5,981|−254,409|−1,800|
|**Cash flows from financing activities**||||||
|**Repayments of loans and** borrowings||**−4,842**|**−17,932**|**−4,842**|**−17,932**|
|**Net cash flows from financing activities**||**−4,842**|**−17,932**|**−4,842**|**−17,932**|
|**Net (decrease)/Increase in cash and cash**||||||
|**equivalents**||**182,844**|**19,643**|**152,002**|**−23,525**|
|Cash and cash equivalents at 1 April||**164,202**|**144,559**|**53,203**|**76,728**|
|**Cash and cash equivalents at 31 March**||**347,046**|**164,202**|**205,205**|**53,203**|





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||||
|---|---|---|
|**ACTIVITIES FOR GENERATING FUNDS**|**Consolidated**||
||**2021**|**2020**|
|Projects, consultancy, workshops, events and helpline fees|765,365|787,677|
|**VOLUNTARY INCOME**|**Consolidated**||
||**2021**|**2020**|
|Donations|1,000|500|
|**INVESTMENT INCOME**|||
||**Consolidated**||
||**2021**|**2020**|
|Rents received|65,154|56,472|
|Interest received|20||
||65,174|56,472|



## 

||**Unrestricted**||||
|---|---|---|---|---|
||**funds**|**Restricted**|**Consolidated**||
||**General**|**funds**|**2021**|**2020**|
||**f**|**f**|**f**|**f**|
|Money and Pensions Services grant|−|30,000|30,000|70,000|
|Paul Hamlyn grant|−|30,000|30,000|30,000|
|Youth Access grant|**−**|**14,682**|**14,682**|**−**|
|EVI CFAP grant|**−**|**249,867**|249,867||
|EYST grant|−|15,375|15,375||
|Welsh Government Landfill Disposal|||||
|Scheme grant|−|−|−|10,027|
|Social Business Growth Fund|−|−|−|12,527|
|Other project grants|−|10,400|10,400|18,135|
|Covid grant|25,000|−|25,000||
|Fees and rental income|9,560|−|9,560|8,492|
||34,560|350,324|384,884|149,181|





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## 

||**Unrestricted**|**Restricted**|**Consolidated**|**Consolidated**|
|---|---|---|---|---|
||**funds**|**funds**|**2021**|**2020**|
||**_£_**|**_£_**|**_£_**|£|
|Subsidiary company|734,075|−|734,075|686,314|
|Core support|77,852|−|77,852|93,526|
|Heads of the Valleys Programme|−|4,254|4,254|4,361|
|Big Lottery Community Asset Transfer|−|9,891|9,891|10,685|
|Money and Pensions Services grant|−|30,000|30,000|70,000|
|EVI CFAP|−|12,200|12,200|−|
|EYST|−|15,375|15,375|−|
|NESTA|−|−|−|7,500|
|Social Business Growth Fund|−|||12,344|
|Paul Hamlyn Trust|−|30,000|30,000|30,000|
|Blaenau Gwent EVI|−||−|28,987|
|Other projects|−|30,648|30,648|26,623|
||811,927|132,368|944,295|970,340|



||**Activity**|**Activity**|||
|---|---|---|---|---|
||**undertaken**|**support**|**Consolidated**||
||**directly**|**costs**|**2021**|**2020**|
||**£**|**£**|£|£|
|Subsidiary company|734,075|−|734,075|686,314|
|Staff costs|14,932|50|14,982|15,249|
|Exchange workers|−|−|−|2,920|
|Project costs|113,808|700|114,508|170,669|
|Freelance consultants|−|−|−|2,345|
|Office costs|−|5,779|5,779|6,446|
|Advertising and marketing|−|−|−|1,074|
|Repairs and renewals|15,222|−|15,222|18,921|
|Insurance|−|12,318|12,318|12,260|
|Premises costs|−|5,282|5,282|6,458|
|Loan interest|−|11,920|11,920|15,165|
|Depreciation|30,209|−|30,209|32,519|
||908,246|36,049|944,295|970,340|



## 

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||||||||**Totals**|**Totals**|
|---|---|---|---|---|---|---|---|---|
|**Governance**|**Finance**|**Staff**||**Admin**|**Premises**|**Other**|**2021**|**2020**|
|**£**|**£**|**£**||**£**|**£**|**£**|**£**|**£**|
|4,175|11,920||50|5,779|5,282|13,018|40,224|**44,541**|



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|**12**|**TAXATION**|||
|---|---|---|---|
||No taxation is payable by the charity for the year as it is able to make use of the tax exemptions on income and|||
||capital gains available to charities.|||
||The taxable profit in the subsidiary was £6,906 (2020: £nil).|||
|**13**|**STAFF COSTS**|||
|||**2021**|**2020**|
||Wages, salaries and pensions|641,567|627,183,|





## 

|**14**|**TANGIBLE FIXED ASSETS**||**Freehold**|**Furn. &**||
|---|---|---|---|---|---|
||**a) Consolidated fixed assets**||**property**|**equip.**|**Totals**|
||||**£**|**£**|**£**|
||**COST**|||||
||At 1 April 2020||1,281,058|444,552|1,725,610|
||Additions||228,787|27,320|256,107|
||Disposals||−|−|−|
||At 31 March 2021||1,509,845|471,872|1,981,717|
||**DEPRECIATION**|||||
||At 1 April 2020||164,237|419,801|584,038|
||Charge for year||25,622|8,323|33,945|
||Eliminated on disposals||−|−|−|
||At 31 March 2021||189,859|428,124|617,983|
||**NET BOOK VALUE**|||||
||At 31 March 2021||1,319,986|43,748|1,363,734|
||At 1 April 2020||1,116,821|24,751|1,141,572|
|||,||||



## 

|**b) Company fixed assets**|**Freehold**|**Fixtures,**||
|---|---|---|---|
||**land and**|**fittings &**||
||**buildings**|**equip.**|**Total**|
|**COST**||||
|At 1 April 2020|1,281,058|354,522|1,635,580|
|Additions|228,787|25,622|254,409|
|Disposals|−|−|−|
|At 31 March 2021|1,509,845|380,144|1,889,989|
|**DEPRECIATION**||||
|At 1 April 2020|164,237|340,761|504,998|
|Charge for year|25,622|4,587|30,209|
|Elimination on disposal|−|−|−|
|At 31 March 2021|189,859|345,348|535,207|
|**NET BOOK VALUE**||||
|At 31 March 2021|1,319,986|34,796|1,354,782|
|At 1 April 2020|1,116,821|13,761|1,130,582|





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|**FIXED ASSET INVESTMENTS**|||
|---|---|---|
||**Shares in**||
||**group**||
||**company**||
|**NET BOOK VALUE**|||
|At 31 March 2021||100|
|At 31 March 2020||100|



## 

|Class of share:|holding||||
|---|---|---|---|---|
|E1 ordinary|100%||||
|||**2021**|**2020**||
|Aggregate reserves||49,653||45,579|
|ProfitMoss) for the year||4,074||7,410|



||**2021**|**2020**|
|---|---|---|
|Turnover|915,996|928,855|
|Direct costs|−749,907|−720,346|
|Gross profit|166,089|208,509|
|Other income|14,932|15,209|
||181,021|223,718|
|Other costs|−176,947|−216,308|
|Profiti(loss) for the year|4,074|7,410|





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|||||
|---|---|---|---|
|**16**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**Consolidated**||
|||**2021**|**2020**|
||Trade debtors|79,608|53,353|
||Prepayments and accrued income|9,328|24,678|
||VAT recoverable|26,849||
||Other debtors|8,671|3,182|
|||124,456|81,213|
|||**Company**||
|||**2021**|**2020**|
|||**E**|**E**|
||Trade debtors|5,360|2,757|
||Amounts owed by group undertakings|64,299|54,504|
||Prepayments and accrued income|5,527|22,022|
||VAT recoverable|||
|||−|−|
||Other debtors|26,849||
|||102,035|79,283|
|**17**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**Consolidated**||
|||**2021**|**2020**|
||Trade creditors|160,184|6,583|
||Other loans|7,634|4,089|
||Taxation and social security|59,548|55,572|
||Accruals and deferred income|85,091|52,477|
||Other creditors|5,355|5,592|
|||317,812|124,313|
|||**Company**||
|||**2021**|**2020**|
||||**E**|
||Trade creditors|147,629|2,130|
||Amounts owed to group undertakings|||
||Loans|7,634|4,089|
||Taxation and social security||4,406|
||Accruals and deferred income|36,526|33,490|
||Other creditors|1,999|2,001|
|||193,788|46,116,|
||Creditors due within one year includes the following liabilities, on which security has been given by the charity:|||
|||**2021**|**2020**|
||Wales Council for Voluntary Action|7,634|4,089|
||Secured on freehold property at 17 West Bute Street, Cardiff CF10 5EP.|||





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||**Consolidated**||
|---|---|---|
||**2021**<br>**2020**||
||**£**||
|At 31 March 2020|29,470|21,556|
|Amount released to incoming resources|−19,470|−21,556|
|Amount deferred in the year|47,687|29,470|
|At 31 March 2021|57,687|29,470|



## 

|**YEAR/PROVISIONS FOR LIABILITIES**|||
|---|---|---|
||**Consolidated**||
||**2021**|**2020**|
|Loans|199,880|208,267|
|Deferred tax|1,350|1,600|



||**2021**|**2020**|
|---|---|---|
|Loan from Wales Council for Voluntary Action|199,880|208,267|
|Included in the creditors are the following amounts due after more than five years:|||
||**2021**|**2020**|
|After more than five years by instalments|163,413|175,736|



## 



## 

|**19**|**MOVEMENT IN FUNDS**||**incoming**|**Resources**||||
|---|---|---|---|---|---|---|---|
|||**At 1.4.20**|**resources**|**expended**|**Transfers**||**At 31.3.21**|
|||**£**|**f**|**£**|**£**||**£**|
||**Unrestricted funds**|||||||
||General fund|318,936|866,099|−820,312|||364,723|
|||318,936|866,099|−820,312|||364,723|
||**Restricted funds**|||||||
||Cardiff Web Project|138|−|−||−|138|
||Heads of the Valleys Programme|158,817|−|−4,254||−|154,563|
||Blaenau Gwent Youth Service|||||||
||Capital and Revenue grant|20,849|−|−507||−|20,342|
||Big Lottery Community Asset|||||||
||Transfer|363,564|−|−9,891||−|353,673|
||Blaenau Gwent Community|||||||
||Economic Development grant|15,735|−|−612||−|15,123|
||Blaenau Gwent Community Asset|||||||
||Transfer|147,875|−|−3,500||−|144,375|
||Arts for All grant|4,603|−|−99||−|4,504|
||Tai CaIon grant|326|−|−109||−|217|
||Valleys Environment grant|4,650|−|−100||−|4,550|
||Police and Crime|||||||
||Commissioners Partnership|369|−|−123||−|246|
||Gavo Cash4u grant|258|−|−86||−|172|
||Social Business Growth Fund|183|−|−61||−|122|
||Paul Hamlyn Trust|−|30,000|−30,000||−|−|
||WAG Landfill Disposal Scheme|18,061|−|−369||−|17,692|
||Money and Pensions|||||||
||Service grant|−|30,000|−30,000|||−|
||Youth Access grant|−|14,682|−14,682||−|−|
||Cast grant|−|3,400|−3,400||−|−|
||EVI CFAP grant|−|249,867|−12,200||−|237,667|
||Youth Work Support grant|−|7,000|−7,000||−|−|
||EYST grant|−|15,375|−15,375||−|−|
|||735,428|350,324|−132,368|||953,384|
||**TOTAL FUNDS**|1,054,364|1,216,423|−952,680|||1,318,107|





|**MOVEMENT IN FUNDS**||**Incoming**|**Resources**|||
|---|---|---|---|---|---|
||**At 1.4.19**|**resources**|**expended**|**Transfers**|**At 31.3.20**|
|**Unrestricted funds**||||||
|General fund|270,969|824,153|−787,425|11,239|318,936|
||270,969|824,153|−787,425|11,239|318,936|
|**Restricted funds**||||||
|Cardiff Web Project|138|−|−|−|138|
|Youth Service capital grant|98|−|−71|−27||
|Heads of the Valleys Programme|165,010|−|−4,360|−1833|158,817|
|Blaenau Gwent Youth Service||||||
|Capital and Revenue grant|21,453|−|−604|−|20,849|
|Big Lottery Community Asset||||||
|Transfer|383,216|−|−10,685|−8967|363,564|
|Blaenau Gwent Community||||||
|Economic Development grant|16,477||−742|−|15,735|
|Blaenau Gwent Community Asset||||||
|Transfer|151,376|−|−3,500|−1|147,875|
|Arts for All grant|4,702|−|−99|−|4,603|
|Tai CaIon grant|736|−|−163|−247|326|
|Valleys Environment grant|4,750|−|−100|−|4,650|
|Police and Crime||||||
|Commissioners Partnership|552|−|−184|1|369|
|Gavo Cash4u grant|552|−|−129|−165|258|
|NESTA|−|7,500|−7,500|−||
|Social Business Growth Fund|−|12,527|−12,344|−|183|
|Paul Hamlyn Trust|−|30,000|−30,000|−|−|
|Blaenau Gwent CBC Legacy||||||
|Fund|−|2,659|−2,659|||
|WAG Landfill Disposal Scheme|18,430|10,027|−10,396|−|18,061|
|Blaenau Gwent CBC EVI|−|28,988|−28,988|−|−|
|Money and Pensions||||||
|Service grant<br>Youth Access grant|−<br>−|70,000<br>7,382|_ −70,000<br>−7,382|||
|Cast grant|−|594|−594|−|−|
||767,490|169,677|−190,500|−11,239|735,428|
|**TOTAL FUNDS**|1,038,459|993,830|−977,925||1,054,364|





||**Consolidated**|**Consolidated**|**Consolidated**|**Consolidated**|**Consolidated**||
|---|---|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**total **|**funds**|||
||**funds**|**funds**|**2021**||**2020**||
||**£**|**£**|**£**||**f**||
|Tangible fixed assets|410,488|953,246|1,363,734|||1,141,572|
|Current assets|305,703|167,712|473,415|||246,972|
|Current liabilities|−150,238|−167,574|−317,812|||−124,313|
|Deferred liabilities|−201,230|−|−201,230|||−209,867|
|**TOTAL FUNDS**|364,723|953,384|1,318,107|||1,054,364|
||**Company**||**Company**||||
||**Unrestricted**|**Restricted**|**total **|**funds**|||
||**funds**|**funds**|**2021**||**2020**||
||**£**|**£**|**£**||**f**||
|Tangible fixed assets|401,536|953,246|1,354,782|||1,130,582|
|Fixed asset investments|100|−|100|||100|
|Current assets|139,528|167,712|307,240|||132,486|
|Current liabilities|−26,214|−167,574|−193,788|||−46,116|
|Deferred liabilities|−199,880|−|−199,880|||−208,267|
|**TOTAL FUNDS**|315,070|953,384|1,268,454|||1,008,785|
|**ANALYSIS OF NET FUNDS**|||||||
|||**At 1 April**||**At 31 **||**March**|
|||**2020**|**Cashflow**||**2021**||
|Cash at bank and in hand||164,202|182,844|||347,046|
|Debt due within one year||−4,089|−3,545|||−7,634|
|Debt due after more than one year||−208,267|8,387|||−199,880|
|Net debt||−48,154|187,686|||139,532|
|||**At 1 April**||**At **|**31 **|**March**|
|||**2019**|**Cashflow**||**2020**||
|Cash at bank and in hand||144,559|19,643|||164,202|
|Debt due within one year||−9,031|4,942|||−4,089|
|Debt due after more than one year||−221,257|12,990|||−208,267|
|Net debt||−85,729|37,575|||−48,154|





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