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2021-03-31-accounts

Page
Report ofthe Trustees 1 lo 2
Report ofthe Independent
Auditors
3 lo6
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes tothe Cash Flow Statement 10
Notes to the Financial Statements 11 to 27
Detailed Statement ofFinancial Activities 28 to 29

2021 2020
Unrestricted Restricted Total Total
Notes funds
5
funds funds
f
funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies
2 5,352 21,007 26,359 23,496
Charitable
activities
5
Refugee &Asylum Assistance 83,500 1,123,880 1,207,380 943,668
Other trading activities 3 3,980 3,980
Investment
income
4 159 159 638
Other income 108,754 108,754 29,518
Total 201,745 1,144,887 1,346,632 997,320
EXPENDITURE ON
Charitable activities
Refugee &Asylum Assistance 100,600 983,138 1,083,738 957,128
NET INCOME 101,145 161,749 262,894 40,192
RECONCILIATION
OF FUNDS
Total funds brought forward 261,536 106,394 367,930 327,738
TOTAL FUNDS CARRIED FORWARD 362,681 268,143 630,824 367,930

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes F 8 6
FIXEDASSETS
Tangible assets 12 703 13,812 14,515 26,517
CURRENTASSETS
Debtors 13 41,362 77,281 118,643 186,469
Cash at bank and in hand 402,088 177,050 579,138 370,610
443,450 254,331 697,781 557,079
CREDITORS
Amounts
falling due within one year
14 (81,472) (81,472) (215,666)
NET CURRENT ASSETS 361,978 254,331 616,309 341,413
TOTAL ASSETSLESSCURRENT
LIABILITIES 362,681 268,143 630,824 367,930
NETASSETS 362,681 268,143 630,824 367,930
FUNDS 16
Unrestricted
funds
362,681 261,536
Restricted funds 268,143 106,394
TOTAL FUNDS 630,824 367,930
WELSH REFUGEE COUNCIL WELSH REFUGEE COUNCIL
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2021
2021 2020
Notes 6
Cash flows from operating activities
Cash generated
from operations
1 210,549 26,313
Net cash provided by operating activities 210,549 26,313
Cash flows from investing activities
Purchase oftangible
fixed assets
(2,021) (4,003)
Net cash used
in
investing activities (2,021) (4,003)
Change in cash and cash equivalents
in the reporting period 208,528 22,310
Cash and cash equivalents at the
beginning
ofthe
reporting period 370,610 348,300
Cash and cash equivalents at the end
ofthe reporting period 579,138 370,610

FORTHE YEAR ENDED 31 MARCH 202 FORTHE YEAR ENDED 31 MARCH 202 1 1
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
F 5
Net income for the reporting period (as per the Statement of
Financial Activities) 262,894 40,192
Adjustments
for:
Depreciation
charges
14,023 16,768
Decrease/(increase) in debtors 67,826 (102,304)
(Decrease)/increase in creditors (134,194) 71,657
Net cash provided by operations 210,549 26,313

ANALYSIS OF CHANGES
IN NET FUNDS
At 1.4.20 Cash flow At31.3.21
5
Net cash
Cash at bank and in hand 370,610 208,528 579,138
370,610 208,528 579,138
Total 370,610 208,528 579,138

Plant and machinery 10% on cost
Fixtures and fittings 10% on cost
Computer equipment 25% on cost

DONATIONS
AND LEGACIES
2021 2020
6
Donations 26,219 18,236
Subscriptions 140 240
Award Ceremony 5,020
26,359 23,496

OTHER TRADING ACT I VITIES
2021 2020
6
Rental Income 3,980
INVESTMENT INCOME
2021 2020
5
Interest Received 159 638
INCOME FROM CHARITABLE ACllVITIES
2021 2020
Activity 6
Grants Refugee SAsylum Assistance 1,207,380 943,668
Grants received, included in the above, are as follows:
2021 2020
Welsh Government 541,665 546,665
Comic Relief 78,533 25,000
BBCChildren
in need
31,646 32,095
Garfield Western 25,000
AB Charitable
Trust
20,000
The National
Lottery
Community Fund 199,851 168,860
Clothworkers
Foundation
9,500
Lloyds Bank Foundation 20,011 27,929
POCAF 200
Hardship
Fund Donations
16,548
Bridgend
Syrian Project
34,937
RCT Syrian Project 36,934
Oak Foundation 146,031
Refugee Action 22,558
Community
Foundation
in Wales 15,000
Migration
Exchange
45,000
Screwlix 5,000
National
Emergency
Trust 60,385
Award for All 9,882
Moondance
Foundation
13,306
WCVA Covid 18,512
1,207,380 943,668

Support
Direct costs (see
Costs
6
note 7)
6
Totals
f
Refugee 8 Asylum Assistance 917,239 166,499 1,083,738
SUPPORT COSTS
Support
Management Finance costs Totals
6
Refugee &Asylum Assistance 158,241 396 7,862 166,499
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
6
Depreciation
-owned assets
14,023 16,768
TRUSTEES' REMUNERATION AND BENEFITS

2021 2020
6
Trustees' expenses 38 549
STAFF COSTS
2021 2020
Wages and salaries 755,986 581,556
Social security costs 53,711 38,351
Other pension costs 29,476 21,458
839,173 641,365
The average
monthly
number ofemployees during the year was as follows:
2021 2020
Direct Charitable Expenditure 30 22
Administration 1 1
31 23

COMPARATIVES FOR THE STATEMENT COMPARATIVES FOR THE STATEMENT COMPARATIVES FOR THE STATEMENT COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
6 6
INCOME AND ENDOWMENTS FROM
Donations and legacies 23,496 23,496
Charitable activities
Refugee &Asylum Assistance 943,668 943,668
Investment
income
638 638
Other income 29,518 29,518
Total 53,652 943,668 997,320
EXPENDITURE ON
Charitable activities
Refugee &Asylum Assistance 33,097 924,031 957,128
NET INCOME 20,555 19,637 40,192
RECONCILIATION OF FUNDS
Total funds brought forward 240,981 86,757 327,738
TOTAL FUNDS CARRIED FORWARD 261,536 106,394 367,930
TANGIBLE FIXEDASSETS
Fixtures
Plant and and Computer
machinery
6
fittings equipment
f
Totals
COST
At 1 April 2020 62,758 42,955 133,345 239,058
Additions 2,021 2,021
At 31 March 2021 62,758 42,955 135,366 241,079
DEPRECIATION
At 1 April 2020 54,705 42,955 114,881 212,541
Charge for year 976 13,047 14,023
At 31 March 2021 55,681 42,955 127,928 226,564
NET BOOK VALUE
At 31 March 2021 7,077 7,438 14,515
At 31 March 2020 8,053 18,464 26,517

13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
F 6
Trade debtors 18,265 60,723
Other debtors 97,936 72,396
Prepayments 2,442 53,350
118,643 186,469
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Trade creditors 33,137 42,673
VAT 23,392 26,785
Other creditors 1,408
Deferred income 135,402
Accrued expenses 23,535 10,806
81,472 215,666
2021 2020
6
Committed to be paid:
Expiring within one year 24,800 24,300

MOVEMENT IN FU ND S
Net Transfers
movement between At
At 1.4.20 in funds funds 31.3.21
6 6 8
Unrestricted
funds
General fund 261,536 16,585 (54,000) 224,121
Migrant
Help
2,151 2,151
WCVA Third Sector Partnership
Scheme 3,501 3,501
Oak Discretionary
Payment
Designated
Fund 35,672 35,672
Migration
Exchange
Designated Fund 41,202 41,202
RCT Syrian Project 2,034 2,034
Fundraising
Manager
Designated Fund 25,000 25,000
Funds Held as Payroll Deposit 29,000 29,000
261,536 101,145 362,681
Restricted funds
WG Housing
Development
Otficer
Grant 1,109 1,109
WG CQFW 763 (763)
Hardship
Fund Activities
Donations 9,736 10,053 19,789
The Big Lottery Grant (Award for Afi) 792 (792)
The Big Lottery Grant (People and
Places) 12,097 55,421 67,518
The Big Lottery Capital Costs 23,134 23,134
Waterloo Project 384 384
Pears Foundation
BBCChildren
in Need III
353
1,418
(353)
1,892
3,310
Comic Relief II 25,677 (21,240) 4,437
Lloyds Bank Foundation 61 492 553
WG ARP Project 6,738 26,776 33,514
WG Hate Crime 15,758 (9,178) 6,580
ABCharitable
Trust
1,920 (1,920)
Clothworkers
Foundation
2,330 2,330
RCT Syrian Project 4,124 4,124
Oak Foundation 39,879 39,879
Refugee Action 12,784 12,784
Community
Foundation
in Wales 674 674
Screwfix 5,000 5,000
National
Emergency
Trust 14,429 14,429
WCVA Covid 2,980 2,980
Award for Afi 1,259 1,259
Moondance
Foundation
13,306 13,306
Race Council Cymru 8,533 8,533
Newport
Rent Donations
2,517 2,517
106,394 161,749 268,143
TOTAL FUNDS 367,930 262,894 630,824

Net movement
in fun
ds, ind uded in the above are as follows:
Incoming Resources Movement
resources
6
expended
6
in funds
f
Unrestricted
funds
General fund 34,491 (17,906) 16,585
Migrant
Help
40,000 (37,849) 2,151
WCVA Third Sector Partnership
Scheme 3,501 3,501
Oak Discretionary
Payment
Designated
Fund 38,500 (2,828) 35,672
Migration
Exchange
Designated Fund 45,000 (3,798) 41,202
RCT Syrian Project 40,253 (38,219) 2,034
201,745 (100,600) 101,145
Restricted funds
WG Move on Project Grant 161,665 (161,665)
WG CQFW (763) (763)
Hardship
Fund Activities
Donations 18,490 (8,437) 10,053
The Big Lottery Grant (Award for All) (792) (792)
The Big Lottery Grant (People and
Places) 199,851 (144,430) 55,421
Pears Foundation (353) (353)
BBCChildren
in Need III
31,646 (29,754) 1,892
Comic Relief II 70,000 (91,240) (21,240)
Lloyds Bank Foundation 20,011 (19,519) 492
WG ARP Project 380,000 (353,224) 26,776
WG Hate Crime (9,178) (9,178)
ABCharitable
Trust
(1,920) (1,920)
Oak Foundation 107,531 (67,652) 39,879
Refugee Action 22,558 (9,774) 12,784
Community
Foundation
in Wales 15,000 (14,326) 674
Screwfix 5,000 5,000
National
Emergency
Trust 60,385 (45,956) 14,429
WCVA Covid 18,512 (15,532) 2,980
Award for All 9,882 (8,623) 1,259
Moondance
Foundation
13,306 13,306
Race Council Cymru 8,533 8,533
Newport
Rent Donations
2,517 2,517
1,144,887 (983,138) 161,749
TOTAL FUNDS 1,346,632 (1,083,738) 262,894

Net
movement At
At 1.4.19 in funds 31.3.20
8 E 8
Unrestricted
funds
General fund 240,981 20,555 261,536
Restricted funds
WG Housing
Development
Oificer
Grant 1,109 1,109
WG CQFW 763 763
Hardship
Fund Activities Donations
2,639 7,097 9,736
Arts Council for Wales 97 (97)
The Big Lottery Grant (Award for All) 792 792
The Big Lottery Grant (People and
Places) 37,956 (25,859) 12,097
The Big Lottery Capital Costs 38,687 (15,553) 23,134
Waterloo Project 384 384
Pears Foundation 353 353
BBCChildren
in Need
III 1,418 1,418
Comic Relief II 677 25,000 25,677
Gwent Police Grant 200 (200)
Lloyds Bank Foundation (838) 899 61
WG ARP Project 1,685 5,053 6,738
People Post Code 1,838 (1,838)
Bottle UK 415 (415)
WG Hate Crime 15,758 15,758
AB Charitable
Trust
1,920 1,920
Clothworkers
Foundation
2,330 2,330
RCT Syrian Project 4,124 4,124
86,757 19,637 106,394
TOTAL FUNDS 327,738 40,192 367,930

Comparative
net movement
in funds, included
in
the above are as follows:
Incoming Resources Movement
resources expended in funds
6 8
Unrestricted
funds
General fund 53,652 (33,097) 20,555
Restricted funds
WG Move on Project Grant 161,665 (161,665)
Hardship
Fund Acflvities Donations
16,548 (9,451) 7,097
Arts Council for Wales
The Big Lottery Grant (People and
(97) (97)
Places) 168,860 (194,719) (25,859)
The Big Lottery Capital Costs
BBCChildren
in Need III
32,095 (15,553)
(30,677)
(15,553)
1,418
Comic Relief Il 25,000 25,000
Gwent Police Grant (200) (200)
Lloyds Bank Foundation 27,929 (27,030) 899
PoCAF 200 (200)
WG ARP Project 355,000 (349,947) 5,053
People Post Code (1,838) (1,838)
Buttle UK
WG Hate Crime
30,000 (415)
(14,242)
(415)
15,758
Garlield Western 25,000 (25,000)
AB Charitable
Trust
20,000 (18,080) 1,920
Clothworkers
Foundation
9,500 (7,170) 2,330
Bridgend Syrian Project
RCT Syrian Project
34,937
36,934
(34,937)
(32,810)
4,124
943,668 (924,031) 19,637
TOTAL FUNDS 997,320 (957,128) 40,192

A current year 12m ont h s a nd pr ior year 12 months combine d
position isas
follows:
Net Transfers
movement between At
At 1.4.19
5
in funds
F
funds 31.3.21
f
Unrestricted
funds
General fund 240,981 37,140 (54,000) 224,121
Migrant
Help
2,151 2,151
WCVA Third Sector Partnership
Scheme 3,501 3,501
Oak Discretionary
Payment
Designated
Fund 35,672 35,672
Migration
Exchange
Designated Fund 41,202 41,202
RCT Syrian Project 2,034 2,034
Fundraising
Manager Designated
Fund 25,000 25,000
Funds Held as Payroll Deposit 29,000 29,000
240,981 121,700 362,681
Restricted funds
WG Housing
Development
Officer
Grant 1,109 1,109
WG CQFW 763 (763)
Hardship
Fund Activities
Donations 2,639 17,150 19,789
Arts Council for Wales 97 (97)
The Big Lottery Grant (Award for All) 792 (792)
The Big Lottery Grant (People and
Places) 37,956 29,562 67,518
The Big Lottery Capital Costs 38,687 (15,553) 23,134
Waterloo Project 384 384
Pears Foundation
BBCChildren
in Need
III 353 (353)
3,310
3,310
Comic Relief II 677 3,760 4,437
Gwent Police Grant 200 (200)
Lloyds Bank Foundation (838) 1,391 553
WG ARP Project 1,685 31,829 33,514
People Post Code 1,838 (1,838)
Bottle UK 415 (415)
WG Hate Crime 6,580 6,580
Clothworkers
Foundation
2,330 2,330
RCT Syrian Project 4,124 4,124
Oak Foundation 39,879 39,879
Refugee Action 12,784 12,784
Community
Foundation
in Wales 674 674
Screwlix 5,000 5,000
National
Emergency
Trust 14,429 14,429
WCVA Covid 2,980 2,980
Award for All 1,259 1,259
Moondance
Foundation
13,306 13,306
Race Council Cymru 8,533 8,533
Newport
Rent Donations
2,517 2,517
86,757 181,386 268,143

16. MOVEMENT
IN FUNDS - continued
TOTAL FUNDS 327,738 303,086 630,824

Incoming Resources Movement
resoumes expended in funds
6 8
Unrestricted
funds
General fund 88,143 (51,003) 37,140
Migrant
Help
WCVA Third Sector
Partnership 40,000 (37,849) 2,151
Scheme 3,501 3,501
Oak Discretionary
Payment
Designated
Fund 38,500 (2,828) 35,672
Migration
Exchange
RCT Syrian Project
Designated Fund 45,000
40,253
(3,798)
(38,219)
41,202
2,034
255,397 (133,697) 121,700
Restrictedfunds
WG Move on Project Grant 323,330 (323,330)
WG CQFW (763) (763)
Hardship
Fund Activities
Donations 35,038 (17,888) 17,150
Arts Council forWales
The Big Lottery Grant (Award for All)
The Big Lottery Grant (People and
(97)
(792)
(97)
(792)
Places) 368,711 (339,149) 29,562
The Big Lottery Capital Costs (15,553) (15,553)
Pears Foundation
BBCChildren
in Need iii
63,741 (353)
(60,431)
(353)
3,310
Comic Relief II 95,000 (91,240) 3,760
Gwent Police Grant (200) (200)
Lloyds Bank Foundation 47,940 (46,549) 1,391
PoCAF 200 (200)
WG ARP Project 735,000 (703,171) 31,829
People Post Code (1,838) (1,838)
Buttle UK (415) (415)
WG Hate Crime 30,000 (23,420) 6,580
Garfield Western 25,000 (25,000)
AB Charitable
Trust
20,000 (20,000)
Clothworkers
Foundation
9,500 (7,170) 2,330
Bridgend Syrian Project 34,937 (34,937)
RCT Syrian Project 36,934 (32,810) 4,124
Oak Foundation 107,531 (67,652) 39,879
Refugee Action 22,558 (9,774) 12,784
Community
Foundation
in Wales 15,000 (14,326) 674
Screwlix 5,000 5,000
National
Emergency
Trust 60,385 (45,956) 14,429
WCVA Covid 18,512 (15,532) 2,980
Award for All 9,882 (8,623) 1,259
Moondance
Foundation
13,306 13,306
Race Council Cymru 8,533 8,533
Newport Rent Donations 2,517 2,517
2,088,555 (1,907,169) 181,386

FOR THE YEAR ENDE D 31 MARCH 2021
2021
f
2020
6
INCOME AND ENDOWMENTS
Donations and legacies
Donations 26,219 18,236
Subscription s 140 240
Award Ceremony 5,020
26,359 23,496
Other trading activities
Rental Income 3,980
Investment
income
Interest Received 159 638
Charitable
activities
Grants 1,207,380 943,668
Other income
Service Level Agreement 40,253
Covid Support Grant 25,000
Migrant
Help
40,000 26,017
WCVA 3,501 3,501
108,754 29,518
Total incoming resources 1,346,632 997,320
EXPENDITURE
Charitable
activities
Trustees' expenses 38
Wages 755,986 581,556
Socialsecurity 53,711 38,351
Pensions 29,476 21,458
Promotional 3,150 11,203
Interpreting 5,484 13,981
Small projects
Asylum seekers expenses
5,030 1,382
8,715
Hardship
Partner overheads
10,457
12,846
9,451
6,586
Recruitment 2,897 3,256
POCAF 600
Monitoring
Staff travel &training
800
19,013
9,033
40,416
Volunteer costs 1,873 12,594
Carried forward 900,761 759,131

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2021
2021 2020
6
Charitable
activities
Brought forward 900,761 759,131
Well being activities 2,454
Depn of plant &machinery 976 985
Depn ofcomputer equipment 13,048 15,783
917,239 775,899
Support costs
Management
Communication 64,302 64,734
Professional 16,326 23,792
Premises 53,131 56,522
General Office 24,482 32,494
158,241 177,542
Finance
Bank charges 396
Support costs
Audit and accountancy fees 7,862 3,687
Total resources expended 1,083,738 957,128
Net income 262,894 40,192