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← Dewis Centre For Independent Living

2021-03-31-accounts

REGISTERED COMPANY NUMBER: 03179464 (England and Wales) REGISTERED CHARITY NUMBER: 1098229

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

DEWIS CENTRE FOR INDEPENDENT LIVING

Bevan Buckland LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

DEWIS CENTRE FOR INDEPENDENT LIVING

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Page
Report ofthe Trustees 1 to 6
Report of the IndependentAuditors 7 to 10
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Statement of Financial Activities 11
Balance Sheet 12
Cash FlowStatement 13
Notes to the Cash Flow Statement 14
Notes to the Financial Statements 15 to 23
DetailedStatementofFinancialActivities 24 to 25

DEWIS CENTRE FOR INDEPENDENT LIVING

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

The trustees are pleased to present their annual directors' report together with the financial statements of the charity for the year ended 31 March 2021 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011, the Companies Act 2006 and 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 2015).

OBJECTIVES AND ACTIVITIES

Objectives and activities for public benefit

Dewis Centre for Independent Living is an organisation which recognises choice as a fundamental human right. It believes that through informed choices disabled people can gain greater independence and greater control over their lives.

All our charitable activities focus on the provision of services which support and respond to disabled people's desire to gain greater choice in their lives and are undertaken to further our charitable purposes for the public benefit. It is an organisation of disabled people and non-disabled people who are committed to these aims. Our main activities are listed below.

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DEWIS CENTRE FOR INDEPENDENT LIVING

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

ACHIEVEMENT AND PERFORMANCE

The end of March 2020 saw the sudden lock down of the country due to the Covid 19 pandemic. The challenges that faced the organisation throughout that year were unprecedented. The charity needed to adapt the way in which it worked, to provide its services to disabled people across Wales, as well as protecting its staff whilst doing this. All Advisors and Advocates immediately began working from their homes. This in itself provided challenges for staff, apart from methods of communication and IT hardware and software issues, to feelings of isolation and increased occurrences of staff experiencing mental ill-health issues were also challenges for the management of the charity to embrace.

Processing payrolls for our Direct Payment recipients is fundamental to the Direct Payment support provision, which meant that all of the payroll team, who could not work from home, needed to work from Head Office. Keeping head office Covid free was of paramount importance to protect its staff and also the service. Throughout the pandemic of this year, there was only two confirmed cases of Covid which did not impact on other staff members having to self-isolate at the same time and did not impinge on the payroll service.

During this year, whilst payroll continued to receive timesheets and process payrolls, our Direct Payment service users did not undertake visits, support was delivered via telephone calls, Teams / Zoom meetings over the internet, Whatsapp or text messages.

The nature of Advocacy meant that many of the most vulnerable in society, still needed support and many of the Advocates began to undertake visits from June 2020. Full PPE was donned, including gloves, masks and aprons with specific instructions in how to don, remove and safely dispose of PPE. All staff had to adapt their way of working to maintain their safety and that of their colleagues in head office and service users where face to face meetings could not be avoided.

Despite the difficulties the teams experienced, the Direct Payments teams across the three authorities supported 357 new people to start on Direct Payments and were working with a further 166 to achieve that status. Of these numbers, 127 people decided not to proceed with Direct Payments. There were 1,682 people having a Direct Payment, of which 1,000 were having a managed account. The people having a direct payment means that 24,500 payrolls were processed in the year, some 73,398 payslips produced and 39,000 payments made through the bank to PAs being paid through a managed account. Under the circumstances, an incredible amount of support provided by the payroll team.

During 2020/21, the Advocates did not see a need for their support lessen, during the year they supported 584 new referrals into the service, this was in addition to the existing 208 people that were already being supported with ongoing issues. A large number of cases involved court hearings which were undertaken over Teams. This new way of working was incredibly challenging for the Advocates and for the people they were supporting.

The smooth-running of the Organisation ultimately depends upon all aspects of its established processes working in harmony. Particularly so is adherence to the line of responsibility and to the structure of the management of the Charity through its appointed Trustees. Throughout 2020/2021, the Trustees once again have shown unerring commitment to the aims and well-being of Dewis C.I.L. in the committee meetings, conducted via Zoom, where decisions were made and support was given to the relatively newly appoint CEO.

PLANS FOR 2021/2022

The nature of contracts and commissioning means that it is inevitable that contracts are re-tendered when they come to their closure date. It is our intention to retain our present contracts going forward. Therefore, as part of our planning for 2021/22 we will work hard to retain our Advocacy contract in Pembrokeshire, when if falls due for re-tender. We will also be looking to submit tenders for new opportunities across Wales in respect of Direct Payments and Advocacy.

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As part of our ongoing succession planning, we will support staff who are eligible to study for the Institute of Leadership & Management and Training (ILM) Level 4 qualification which is geared towards middle management, as well as staff undertaking the level 5 qualification. We will also look to offer a payroll degree for payroll managers. We will maintain our support for staff members in continuous professional development. This applies to formal qualifications under QCF (in Health & Social Care and Advice & Guidance) and other identifiable professional study that might be applicable to individual roles.

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DEWIS CENTRE FOR INDEPENDENT LIVING

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Our QPM quality mark for Advocacy falls due for renewal in October and every effort will be made to ensure the organisation retains this valuable award for a further three years. We will seek to attain membership of the Chartered Institute of Payroll Professionals to give credence to the work we do around our payroll service.

We aim to consolidate staff awareness and knowledge through training in key areas of social care procedure and practice, particularly in relation to direct payments and Independent Professional Advocacy, rights, safety and good practice including the legal landscape relating to our work.

We plan to develop and improve our social media presence. This will involve setting-up a staff group to consider and advise on best practice, as well as innovation, in our use of social media. This will include our website and how it, and other social media, might help to grow service user involvement. We would like to include a smart phone app, specifically for Direct Payment use and a way of safely bringing people together to provide peer support.

Pay policy for senior staff

The directors consider the board of directors, who are the charitable company's trustees, and the senior management team comprise the key management personnel of the charitable company in charge of directing and controlling, running and operating the organisation on a day to day basis. All directors give of their time freely and no directors received remuneration during the year. Details of directors’ expenses and related party transactions are disclosed in notes 10 to the accounts.

The pay of the senior staff is reviewed annually at Trustees' meetings along with a general review of all staff salaries.

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DEWIS CENTRE FOR INDEPENDENT LIVING

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Risk management

Each year it is necessary to assess and appraise possible risks to the efficient and successful functioning of the Organisation. The evaluation of these potential risks informs our decision-making from the start of the year and throughout the year. They may in nature be financial, strategic, staff related, quality assurance, continuity threatened or be unforeseen and therefore potentially something we must be reactive to if we cannot be proactive to the threat. As such we all have roles to play. These roles are outlined as we develop our yearly Business Plan, so we place great importance in relating the various work and targets therein to an accompanying Continuity Plan. This key document contains our evaluation of the various business risks associated with our work and our responses in order to maintain services to a reduced but temporary level until the issue is resolved. Dewis CIL's business Continuity Plan outlines our response and strategy in the event of unanticipated and unintended occurrences, both externally or internally. Our risk assessment considers financial contingencies such as cash flow, capital expenditure items and_ staffing requirements which might therefore create fluctuations in payroll. Our business reserve capital is there to meet this risk. We always consider risk assessment as it extends to staff safety and well-being. This is especially so when running a service where lone working and external visits feature so prominently across our services. Our policy review and guides, such as the staff handbook, reflects our vigilance in ensuring that staff complies with procedures for their safety and that of our service users.

Risk assessment is of high importance to all of us at Dewis C.I.L.. This is why it features as a core agenda item for Trustees' meetings. At a macro level it is a consideration for the future of the Organisation as we develop services. It naturally exists at a micro level for each and every one of us, trustees, staff, volunteers and service users.

Financial review

Results

Total income exceeded expenditure by £99,404 (2020 - £265,496), the overall balance carried forward on unrestricted funds is £921,639. (2020 - £882,235).

Reserves Policy and Going Concern

The trustees have established a policy where charitable funds not committed or invested in tangible fixed assets (the free reserves) held by the charity should equate to 3 to 6 months of resources expended. At this level of reserves, the committee feels that it would be able to continue the current activities’ of the charity in the event of a significant drop in funding. At present, the free reserves amount to £855,744 at 31 March 2021 (2020 - £764,396) which equates to approximately 6 months of the resources expended at current levels.

The charitable company is in a good cash position with an increase in cash and cash equivalents in the year of £21,463 (2020: £335,380).

Principal Funding Sources

During the year, the organisation's principal sources of funding were from the following county borough councils:

~ Rhondda Cynon Taff; - Conwy;

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DEWIS CENTRE FOR INDEPENDENT LIVING

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee and has been granted permission by the Registrar of Companies to omit ‘limited’ from its title. The company was registered as a charity on 26 June 2003. On 25 May 2006 the organisation's name was changed from Rhondda Cynon Taff Centre for Independent Living to Dewis Centre for Independent Living.

Recruitment and Training of Management Committee

Trustees are elected from the general membership of the organisation at the Annual! General Meeting. The Management Committee also has the power to co-opt additional members. New trustees are briefed on their duties by the Chair of Trustees and the Chief Executive.

Organisational structure

Dewis Centre for Independent Living currently has a Management Committee of 8 members who meet each month whether it be for a full Trustee meeting (quarterly) or for the HR sub committee and the Finance sub committee meetings (quarterly also). These sub-committee meetings feed back to the full trustees’ quarterly meetings and are responsible for the strategic direction and policy of the charity.

Ensuring our work delivers our aims

The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the aims and objectives and in planning future activities. They have referred to the guidance contained in the Charity Commission's general guidance on public benefit and consider that they have complied with their duty under section 17 (5) of the Charities Act 2011.

The aims, objectives and activities are reviewed each year. This review looks at what has been achieved and the outcomes of the organisation's work in the previous twelve months. The review helps us to ensure that the charity's aims, objectives and activities remain focused on our stated purposes.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 03179464 (England and Wales)

Registered Charity number

1098229

Registered office Suite 4 and 5 No 1 & 2 Melin Corrwg . Upper Boat Pontypridd CF37 5BE

Trustees

M Jones

D Davey M D Williams W T Evans P Flower H Leigh (resigned 2.9.20) * J Thomas T Price V Smith

Senior Statutory Auditor Henry Lloyd Davies

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DEWIS CENTRE FOR INDEPENDENT LIVING

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Auditors

Bevan Buckland LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

TRUSTEES’ RESPONSIBILITY STATEMENT

The trustees (who are also the directors of Dewis Centre for Independent Living for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

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AUDITORS

The auditors, Bevan Buckland LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees OM ...........ecersereesetereeeeeees and Signed on its behalf by:

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF DEWIS CENTRE FOR INDEPENDENT LIVING

Opinion

We have audited the financial statements of Dewis Centre for Independent Living (the ‘charitable company’) for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events. or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF DEWIS CENTRE FOR INDEPENDENT LIVING

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. :

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF DEWIS CENTRE FOR INDEPENDENT LIVING

Extent to which the audit was considered capable of detecting irregularities, including fraud We identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, and then, design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

We discussed our audit independence complying with the Revised Ethical Standard 2019 with the engagement team members whilst planning the audit and continually monitored our independence throughout the process.

Identifying and assessing potential risks related to irregularities.

Audit response to risks identified

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF DEWIS CENTRE FOR INDEPENDENT LIVING

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

@HAY > J

Henry Lloyd Davies (Senior Statutory Auditor) for and on behalf of Bevan Buckland LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 SLA Date: 2alie jue.

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DEWIS CENTRE FOR INDEPENDENT LIVING

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021

2021 2020
Notes Unrestricted
fund
£		 Restricted
fund
£		 Total
funds
£		 Total
funds
£
INCOMEAND ENDOWMENTS FROM
Donationsand legacies 2 200 - 200 318
Charitable activities 5
Grantsand contracts 1,767,622 - 1,767,622 1,821,573
Payroll services 13,715 - 13,715 11,307
Othertrading activities 3 5,229 - 5,229 11,975
investment income 4 1,973 - 1,973 4,651
Total 1,788,739 - 1,788,739 1,849,824
EXPENDITURE ON
Charitable activities 6
Charitable activities 1,689,335 - 1,689,335 1,584,328
NET INCOME 99,404 — - 99,404 265,496
RECONCILIATION OF FUNDS
Totalfunds broughtforward 822,235 - 822,235 556,739
TOTALFUNDS CARRIEDFORWARD 921,639 - 921,639 822,235
CONTINUING OPERATIONS
Allincomeandexpenditurehasarisenfrom continuing activities.

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The notes form part of these financial statements

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DEWIS CENTRE FOR INDEPENDENT LIVING

BALANCE SHEET

31 MARCH 2021

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |2021|2020| |Unrestricted|Restricted|Total|Total| |fund|fund|funds|funds| |Notes|£|£|£|£| |FIXED ASSETS| |Intangible|assets|12|20,462|-|20,462|-| |Tangible|assets|13|45,433|-|45,433|57,839| |65,895|-|65,895|57,839| |CURRENT ASSETS| |Debtors|14|247,086|-|247,086|122,646| |Cash|at|bank|and|in|hand|770,923|-|770,923|749,460| |1,018,009|-|1,018,009|872,106| |CREDITORS| |Amounts|falling|due|within|one year|15|(162,265)|-|(162,265)|(107,710)| |NET CURRENT ASSETS|855,744|-|855,744|764,396| |TOTAL ASSETS|LESS|CURRENT| |LIABILITIES|921,639|-|921,639|822,235| |NET ASSETS|921,639|-|921,639|822,235| |FUNDS|17| |Unrestricted|funds|921,639|822,235| |TOTAL FUNDS|921,639|822,235|

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These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on esta sesssessisssuesseestereseeenees aNd Were signed on its behalf by:

MD WilliamsTrustee

The notes form part of these financial statements

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DEWIS CENTRE FOR INDEPENDENT LIVING

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021

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|||||||| |---|---|---|---|---|---|---| |2021|2020| |Notes|£|E| |Cash|flows from|operating|activities| |Cash|generated|from|operations|1|50,758|372,781| |Net cash|provided|by operating|activities|50,758|372,781| |Cash|flows from|investing|activities| |Purchase|of intangible|fixed|assets|(21,168)|-| |Purchase|of tangible|fixed|assets|(10,100)|(42,052)| |Interest|received|1,973|4,651| |Net cash|used|in|investing|activities|(29,295)|(37,401)| |Change|in|cash|and|cash|equivalents| |in|the|reporting|period|21,463|335,380| |Cash|and|cash|equivalents|at the| |beginning|of the|reporting|period|749,460|414,080| |Cash|and|cash|equivalents|at the|end| |of the|reporting|period|770,923|749,460|

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The notes form part of these financial statements

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DEWIS CENTRE FOR INDEPENDENT LIVING

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDEDTHE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2021 31 MARCH 2021 31 MARCH 2021
1. RECONCILIATION OFNETINCOMETONETCASHFLOW FLOWFROMOPERATINGACTIVITIES
2021 2020
£ £
Netincome forthe reporting period (as pertheStatement of
Financial Activities) 99,404 265,496
Adjustments for:
Depreciation charges 23,212 19,019
Interest received (1,973) (4,651)
(Increase)/decrease in debtors
Increase in creditors		 (124,440)
54,555		 40,932
51,985
Netcash provided byoperations 50,758 372,781
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.20 Cash flow At 31.3.21
Netcash £ £ £
Cash atbank and in hand 749,460 21,463 770,923
749,460 21,463 770,923
Total 749,460 21,463 770,923

The notes form part of these financial statements

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DEWIS CENTRE FOR INDEPENDENT LIVING

  1. ACCOUNTING POLICIES

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

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 Financia! 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 Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results in the future may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised and in any future periods affected.

Estimation Uncertainty

The charity makes estimates and assumptions conceming the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. Management consider their to be no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Income

Income is recognised in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year which they are receivable.

Income from room hire is recognised when the hire takes place. Donations and all other receipts generated from fundraising are reported on a receivable basis.

Investment income is included when receivable.

Incoming resources from charitable trading activity are accounted for when earned.

Expenditure and irrecoverable vat

Expenditure is included in the accounts on an accruals basis. Expenditure has been split between unrestricted and restricted funds and analysed between functions. The latter allocation has been performed on a percentage basis derived from the time spent on such activities by the Charity's employees, or directly where possible. Resources expended include attributable VAT which cannot be recovered.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the activities of the charity. These costs have been allocated between cost of raising funds and expenditure on charitable activities.

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Intangible assets

Intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.

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DEWIS CENTRE FOR INDEPENDENT LIVING

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES - continued

Intangible assets

Software development costs are recognised as an intangible asset when all of the following criteria are demonstrated:

~ The technical feasibility of completing the software so that it will be available for use or sale. - The intention to complete the software and use or sell it.

Amortisation is charged so as to allocate the cost of intangibles less their residual values over their estimated useful lives, using the straight-line method. The intangible assets are amortised over the following useful economic lives:

- Software development costs 10 years

If there is an indication that there has been a significant change in amortisation rate or residual value of an asset, the amortisation of that asset is revised prospectively to reflect the new expectations

Tangible fixed assets

Fixed assets are stated at cost less accumulated depreciation. The costs of minor additions costing below £100 are not capitalised.

Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:

Leasehold property Fixtures, fittings and equipment

Straight line over length of lease 25% straight line

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are income which has a specific purpose and the income must be used for the purpose or - project it has been given.

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.

Subsidiary company

Dewis Independent Services is a subsidiary company of the charity. It has been dormant from its incorporation in April 2015 and therefore there is no requirement to consolidate the results.

Debtors . Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

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DEWIS CENTRE FOR INDEPENDENT LIVING

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021

  1. ACCOUNTING POLICIES - continued

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial assets , Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting end date. Financial assets, other than those held at fair value through profit and loss are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party. Basic financial liabilities Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabitities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

,

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

Pensions

The. charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. The annual contributions payable are charged to the Statement of Financial Activities.

Employee benefit

The costs of short-term employee benefits are recognised asa liability and an expense.

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DEWIS CENTRE FOR INDEPENDENT LIVING

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES - continued

The cost of any unused holiday entitlement is recognised in the period in which the employee's are received.

services

Termination benefits are recognised immediately as an expense when the company is committed to terminate the employment of an employee or to provide termination benefits.

demonstrably

Leasing

Rentals applicable to operating leases are charged to the Statement of Financial Activities over the period in which the cost is incurred.

2. DONATIONSAND LEGACIES DONATIONSAND LEGACIES
2021 2020
£ £
Donations 200 318
3. OTHERTRADING ACTIVITIES
2021 2020
£ £
Fundraising events 229 4,813
Training and room hire 5,000 7,162
5,229 11,975
4. INVESTMENT INCOME
2021 2020
g £
Depositaccount interest 1,973 4,651
5. INCOME FROM CHARITABLEACTIVITIES
2021 2020
Grants Activity
Grants and contracts		 £
1,767,622		 £
1,821,573
Payroll services Payroll services 13,715 11,307
1,781,337 1,832,880
Grants received, included in the above, are as follows:
2021 2020
£ £
Localauthoritiesfunding 1,767,622 1,821,573

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DEWIS CENTRE FOR INDEPENDENT LIVING

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NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021

  1. CHARITABLE ACTIVITIES COSTS

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Support| |Direct|costs|(see| |Costs|note|7)|Totals| |£|£|£| |Charitable|activities|1,552,461|136,874|1,689,335| |SS|Sl|=a| |7.|SUPPORT|COSTS| |General| |Support|Governance|2021|2020| |£|£|£|£| |Printing,|postage|and|stationery|34,027|-|34,027|39,468| |Advertising|and|recruitment|364|-|364|9,269| |Telephone|30,413|-|30,413|26,840| |Computer costs|60,000|-|60,000|49,099| |Audit fees|-|7,803|7,803|10,782| |Legal|and|professional|fees|-|4,267|4,267|5,041| |Committee|expenses|-|-|-|739| |124,804|12,070|136,874|141,238|

----- End of picture text -----

  1. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

----- Start of picture text -----
|||||| |---|---|---|---|---| |2021|2020| |£|£| |Auditors’|remuneration|7,803|10,782| |Depreciation|- owned|assets|22,506|19,019| |Computer software|amortisation|706|-|

----- End of picture text -----

  1. TRUSTEES' REMUNERATION AND BENEFITS

For the year ended 31 March 2021 no Trustee nor any person with a connection with a Trustee received any remuneration from the Charity (2020: Nil).

Trustees’ expenses

Travelling and other incidental expenses amounting to £Nil (2020 - £362) were reimbursed to 0 (2020 - 4) Trustees.

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DEWIS CENTRE FOR INDEPENDENT LIVING

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  1. STAFF COSTS

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NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2021|2020| |£|£| |Wages|and|salaries|1,170,183|1,103,045| |Social|security|costs|90,751|85,355| |Other pension|costs|31,856|35,845| |1,292,790|1,224,245| |The|average|monthly|number of employees|during|the|year was|as|follows:| |2021|2020| |Costs|of|raising|funds|1|1| |Charitable|activities|55|55| |56|56|

----- End of picture text -----

No employees had employee benefits in excess of £60,000 (2020: nil). Pension costs are allocated to activities in proportion to the related staffing costs incurred and are wholly charges to unrestricted funds.

----- Start of picture text -----
|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The|management|team|of|the|charity|are|made|up|of|the|Chief|Executive|Officer,|Advocacy| |Manager,Direct|Payments|Manager,|Direct|Payments|Project|Manager|and|Payroll|and|Financial| |Services|Project|manager.|The|total|employee|benefits|of|the|key|management|personnel|were| |£207,162|(2020:|£202,387).| |11.|.|[COMPARATIVES]|[FOR][ THE][ STATEMENT][ OF]|[FINANCIAL]|[ACTIVITIES]| |Unrestricted|Restricted|Total| |fund|fund|funds| |£|£|£| |INCOME AND|ENDOWMENTS|FROM| |Donations|and|legacies|318|-|318| |Charitable|activities| |Grants|and|contracts|1,821,573|-|1,821,573| |Payroll|services|11,307|-|11,307| |Other trading|activities|11,975|-|11,975| |investment|income|4,651|-|4,651| |Total|1,849,824|-|1,849,824| |EXPENDITURE|ON| |Charitable|activities| |Charitable|activities|1,584,328|-|1,584,328| |NET INCOME|265,496|-|265,496| |RECONCILIATION|OF|FUNDS| |Total funds brought forward|556,739|-|556,739| |TOTAL FUNDS|CARRIED|FORWARD|822,235|-|822,235|

----- End of picture text -----

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DEWIS CENTRE FOR INDEPENDENT LIVING

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021

12. INTANGIBLE FIXED ASSETS

12. INTANGIBLE FIXED ASSETSASSETS
Computer
software
£
COST
Additions 21,168
AMORTISATION
Charge foryear 706
NET BOOKVALUE
At 31 March 2021 20,462
At 31 March 2020 -
13. TANGIBLE FIXEDASSETS
Fixtures
Short
leasehold		 and
fittings		 Totals
£ £ £
COST
At 1 April 2020 38,016 229,473
Additions - 10,100 10,100
At31 March 2021 38,016 239,573 277,589
DEPRECIATION
At 1 April 2020 31,452 178,198 209,650
Chargeforyear 3,752 18,754 22,506
At31 March 2021 35,204 196,952 232,156
.
NET BOOKVALUE
At31 March 2021 2,812 42,621 45,433
At31 March 2020 6,564 51,275 57,839
14. DEBTORS: AMOUNTS FALLING DUEWITHIN ONEYEAR
2021 2020
£ £
Trade debtors 233,013 106,401
Prepayments and accrued income 14,073 16,245
247,086 122,646

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DEWIS CENTRE FOR INDEPENDENT LIVING

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

----- Start of picture text -----
|||||| |---|---|---|---|---| |2021|2020| |£|£| |Trade|creditors|15,398|1| |Social|security and|other taxes|21,447|20,112| |Wages|Control|40,897|32,616| |Other creditors|84,523|54,981| |162,265|107,710|

----- End of picture text -----

16. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |2021|2020| |£|£| |Within|one|year|66,969|21,624| |Between|one|and|five|years|32,596|191,534| |99,565|213,158| |17.|MOVEMENT|IN|FUNDS| |Net| |movement|At| |At|1.4.20|in|funds|31.3.21| |£|£|£| |Unrestricted|funds| |General|fund|822,235|99,404|921,639| |TOTAL FUNDS|822,235|99,404|921,639| |Net movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in funds| |£|£|£| |Unrestricted|funds| |General|fund|1,788,739|(1,689,335)|99,404| |TOTAL FUNDS|1,788,739|(1,689,335)|99,404| |ooo|————|=| |Comparatives|for movement|in funds| |Net| |movement|At| |At|1.4.19|in|funds|31.3.20| |£|£|£| |Unrestricted|funds| |General|fund|556,739|265,496|822,235| |TOTAL FUNDS|556,739|265,496|_—|822,235|

----- End of picture text -----

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DEWIS CENTRE FOR INDEPENDENT LIVING

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021

17. 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|1,849,824|(1,584,328)|265,496| |TOTAL|FUNDS|1,849,824|(1,584,328)|265,496| |A|current year|12|months|and|prior year|12|months|combined|position|is|as|follows:| |Net| |movement|At| |At|1.4.19|in|funds|31.3.21| |£|£|£| |Unrestricted|funds| |General|fund|556,739|364,900|921,639| |TOTAL|FUNDS|556,739|364,900|921,639|

----- End of picture text -----

A current year 12 months and prior year 12 months combined 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|3,638,563|(3,273,663)|364,900| |TOTAL FUNDS|3,638,563|(3,273,663)|364,900|

----- End of picture text -----

  1. RELATED PARTY DISCLOSURES

|

Details of related party transactions can be found in note 10 of the financial statements.

  1. MANAGED ACCOUNTS

The charity acts as an agent for a number of its clients and holds £1,857,115 in managed bank accounts. These funds are not included in the balance sheet of the charity.

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Page 23

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DEWIS CENTRE FOR INDEPENDENT LIVING

DETAILED STATEMENTOF FINANCIAL ACTIVITIES
FORTHEYEAR ENDED 31 MARCH 2021
2021 2020
£ £
INCOMEAND ENDOWMENTS
Donations and legacies
Donations 200 318
Othertrading activities
Fundraising events 229 4,813
Training and room hire 5,000 7,162
5,229 11,975
Investment income
Depositaccount interest 1,973 4,651
Charitable activities
Grants 1,767,622 1,821,573
Payroll services 13,715 11,307
1,781,337 1,832,880
Total incoming resources 1,788,739 1,849,824
EXPENDITURE
Charitable activities
Wages 1,170,183 1,103,045
Social security 90,751 85,355
Pensions 31,856 35,845
Training costs 3,276 3,604
Rent, rates and service charge 114,108 109,328
Insurance 6,176 6,587
Lightand heat 9,558 10,788
Cleaning and repairs 19,539 5,593
Hire equipment 6,225 3,089
Stafftravel and welfare 12,568 47,080
Bankcharges
Subscriptions
Sundries		 12,020
541
523		 6,497
3,071
1,258
Bad debts - 2,931
Fundraising donations 3,925 -
Dilapidation costs 48,000 -
Amortisation ofcomputersoftware 706 -
Depn ofshort leasehold 3,752 3,767
Depn offixtures&fittings 18,754
—_—__—		 15,252
———-
1,552,461 1,443,090
Support costs
Supportcosts
Auditors' remuneration 7,803 10,782
Carriedforward 7,803 10,782

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This page does not form part of the statutory financial statements

Page 24

DEWIS CENTRE FOR INDEPENDENT LIVING

2

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

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||||||| |---|---|---|---|---|---| |2021|2020| |£|£| |Support|costs| |Brought forward|7,803|10,782| |Telephone|30,413|26,840| |Postage|and|stationery|34,027|39,468| |Advertising|and|recruitment|364|9,269| |Computer expenses|60,000|49,099| |Legal|and|professional|fees|4,267|5,041| |Committee|expenses|-|739| |136,874|141,238| |Total|resources|expended|1,689,335|1,584,328| |Net income|99,404|265,496|

----- End of picture text -----

This page does not form part of the statutory financial statements

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Page 25

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