# ## ## ||||Page| |---|---|---|---| |Chairman's|statement||1-2| |Trustees report|||3- 14| |Statement|oftrustees|responsibilities|15| |Independent|auditor's|report|16-19| |Statement|offinancial|activities|20| |Balance sheet|||21| |Statement|ofcash flows||22| |Notes to the financial||statements|23-37| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unresb icted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|funds|| |||Notes||2021
8|2021
6|2021|2020
6|2020
8|2020f| |erne a
e|owm|n|fr||||||| |Donations
and legacies|||3|17,063||17,063|3,005||3,005| |Charitable
activities|||4|151,719|654,077|805,796|85,287|568,106|653,393| |Investments|||5|30||30|135||135| |Other income|||6|1,270||1,270|2,872||2,872| |Total income||||170,082|654,077|824,159|91,299|568,106|659,405| |Ezftggfi(ttttN3tO;|||||||||| |Charitable
activities|||7|73,310|617,035|690,345|70,530|556,204|626,734| |Net incoming|||||||||| |resources before|||||||||| |transfers||||96,772|37,042|133,814|20,769|11,902|32,671| |Gross transfers|||||||||| |between funds||||(4,833)|4,833||(23,471)|23,471|| |Net income for|the year/||||||||| |Net movement|in funds|||91,939|41,875|133,814|(2,702)|35,373|32,671| |Fund balances at 1|||||||||| |April 2020||||191,044|58,222|249,266|193,746|22,849|216,595| |Fund balances|at 31||||||||| |March 2021||||282,983|100,097|383,080|191,044|58,222|249,266| ## ## |||||2021||2020|| |---|---|---|---|---|---|---|---| ||||Notes|F||8|| |Fixed assets|||||||| |Tangible assets|||12||7,255||8,001| |Current assets|||||||| |Stocks|||13|1,020||1,841|| |Debtors|||14|44,950||48,116|| |Cash at bank and|in|hand||408,930||216,195|| |||||454,900||266,152|| |Creditors: amounts||falling due within|||||| |one year|||15|(79,075)||(24,887)|| |Net current assets|||||375,825||241,265| |Total assets less|current liabilities||||383,080||249,266| |Income funds|||||||| |Restricted funds|||17||100,097||58,222| |~UlgfitfigIBIUugdfi|||||||| |Designated
funds|||18|80,000|||| |General unrestricted||funds||202,983||191,044|| ||||||282,983||191,044| ||||||383,080||249,266| ## ## ## ||||||2021||2020|| |---|---|---|---|---|---|---|---|---| |||||Notes|E||6|| |Cash flows from operating|||activities|||||| |Cash generated||from/(absorbed
by)||23||||| |operations||||||194,944||(12,371)| |Investing|activities|||||||| |Purchase|oftangible fixed assets||||(2,239)||(4,137)|| |Investment|income received||||30||135|| |Net cash|used|in investing|activities|||(2,209)||(4,002)| |Net cash|used|in financing|activities|||||| |Net increase/(decrease)
in|||cash and cash|||||| |equivalents||||||192,735||(16,373)| |Cash and|cash|equivalents|at beginning|ofyear||216,195||232,568| |Cash and|cash|equivalents|at end ofyear|||408,930||216,195| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Unrestricted| |---|---|---|---|---| ||||funds|funds| ||||2021|2020f| |Donations|and|gifts|17,063|3,005| ## ## ## ||2021f
2020
f
Advice, Support,
Participation
&Collaboration
Awareness
&Training
Grants
48,900
756,896
36,279
686
616,428
805,796
653,393
Analysis
by fund
Unrestricted
funds
Restricted funds
151,719
654,077
85,287
568,106
805,796
653,393
Grants
S.S.S.G. (Welsh Government)
Henry Smith
Lloyds Foundation
Comic Relief
Erasmus+
(Citizenship)
Homelessness
Prevention
(Welsh Government)
NYAS
Paul Hamlyn
Fund
Camarthenshire
Council
The Esmee Fairbaim
Foundation
CHK Foundation
NLCF Big Lottery
WCVA
Community
Foundation
Wales
NLCF - Comic Relief
Other
265,000
28,300
24,120
18,200
176,960
40,063
16,000
76,500
20,000
27,087
28,096
14,320
16,250
6,000
265,767
14,150
24,120
61,750
28,837
93,732
22,322
26,750
16,000
53,000
10,000
756,896
616,428
investments
Unrestricted
Unrestricted
funds
funds
2021
f
2020
f
interest receivable
30
135| |---|---| |5|investments
interest receivable| |5|investments| |---|---| ||interest receivable| ## ## ## |Unrestricted|Unrestricted| |---|---| |funds|funds| |2021|2020| |2|| |1,270|2,872| ## ## ## ## |Charitable
a|ctivi|ties|||||||| |---|---|---|---|---|---|---|---|---|---| |||||Generated|Comic|S.S.S.G.|The Esmee|Total|Total| |||||Income|Relief||Fairbairn|2021|2020| ||||||||Foundation||| |||||2021|2021|2021|2021||| |||||||6|F||| |Staff costs||||98,859|41,219|169,523|27,179|336,780|266,007| |Depreciation|and||||||||| |impairment||||876|365|1,503|241|2,985|3,675| |Travel||||329|137|565|91|1,122|15,842| |Volunteer expenses||||15|6|25|4|50|4,905| |NYAS re-imbursement|||||||||48,920| |Consultancy||||9,559|3,986|16,392|2,628|32,565|10,179| |Payroll/Pension|||||||||| |preparation||||127|53|217|35|432|422| |Occupancy||||6,076|2,533|10,418|1,670|20,697|21,388| |HR, legal &professional||||884|369|1,516|243|3,012|3,281| |Oflice running|costs|||4,541|1,894|7,788|1,249|15,472|10,287| |Communications||/|||||||| |Facilitation||||5,427|2,263|9,307|1,492|18,489|14,519| |Bank Charges||||92|39|159|25|315|466| |Grant reimbursement||||12,342||55,715||68,057|27,863| |Training
&meeting costs||||4,815|2,007|8,255|1,323|16,400|57,770| |||||143,942|54,871|281,383|36,180|516,376|485,524| |Share ofsupport||costs|||||||| |(see note 8)||||49,713|20,727|85,248|13,667|169,355|136,410| |Share ofgovernance|||costs||||||| |(see note 8)||||1,354|565|2,323|372|4,614|4,800| |||||195,009|76,163|368,954|50,219|690,345|626,734| |Analysis
by|fund||||||||| |Unrestricted|funds|||73,310||||73,310|70,530| |Restricted funds||||121,699|76,163|368,954|50,219|617,035|556,204| |||||195,009|76,163|368,954|50,219|690,345|626,734| ## ## ## |For the year end|ed|31 March 2020|||||| |---|---|---|---|---|---|---|---| ||||Generated|Comic|S.S.S.G.|The Esmee|Total| ||||Income|Relief||Fairbaim|2020| |||||||Foundation|| |Staff costs|||78,085|32,556|133,899|21,467|266,007| |Depreciation
and|impairment||1,078|450|1,851|296|3,675| |Travel|||4,651|1,939|7,973|1,279|15,842| |Volunteer expenses|||1,440|600|2,469|396|4,905| |NYAS re-imbursement|||||48,920||48,920| |Consultancy|||2,988|1,246|5,124|821|10,179| |Payroll/Pension
preparation|||124|52|212|34|422| |Occupancy|||6,278|2,618|10,766|1,726|21,388| |HR, legal &professional|||963|402|1,651|265|3,281| |Office running
costs|||3,020|1,259|5,178|830|10,287| |Communications|/ Facilitation||4,262|1,777|7,308|1,172|14,519| |Bank Charges|||137|57|235|37|466| |Grant reimbursement|||||27,863||27,863| |Training
8 meeting costs|||16,958|7,070|29,079|4,663|57,770| ||||119,984|50,026|282,528|32,986|485,524| |Share ofsupport|costs (see note 8)||40,042|16,696|68,664|11,008|136,410| |Share ofgovernance||costs (see note 8)|||||| ||||1,409|587|2,416|388|4,800| ||||161,435|67,309|353,608|44,382|626,734| |Analysis
by fund|||||||| |Unrestricted
funds|||70,530||||70,530| |Restricted funds|||90,905|67,309|353,608|44,382|556,204| ||||161,435|67,309|353,608|44,382|626,734| ## ## ## |8|Support cos|ts||||||||| |---|---|---|---|---|---|---|---|---|---|---| |||||Support Governance|||2021|Support|Governance|2020| |||||costs|costs|||costs|costs|| |||||6||f||5|6|| ||Staff costs|||144,334|||144,334|114,003||114,003| ||Occupancy costs|||12,685|||12,685|13,109||13,109| ||HR costs|||1,846|||1,846|2,011||2,011| ||Office running|costs||9,482|||9,482|6,305||6,305| ||Payroll|||1,008|||1,008|982||982| ||Audit fees||||4,614||4,614||4,800|4,800| |||||169,355|4,614||173,969|136,410|4,800|141,210| ||Analysed
between|||||||||| ||Charitable
activities|||169,355|4,614||173,969|136,410|4,800|141,210| ||Governance
costs includes||payments
to the auditors of54,614(2020-|||||F4,800)for|audit fees.|| |9|Net movement
in funds||||||||2021|2020| ||||||||||8|| ||Net movement|in funds is stated after charging/(crediting)||||||||| ||Fees payable|to the company's||auditor for the audit||ofthe company's||||| ||financial statements||||||||4,614|4,800| ||Depreciation|ofowned tangible||fixed assets|||||2,985|3,675| ## ## ||||2021|2020| |---|---|---|---|---| ||||Number|Number| |Direct Charitable||expenditure|15|10| |Management|and|administration|3|3| |Total|||18|13| |Employment|costs||2021|2020| ||||8|| ## ## ## |Wages and salaries|426,672|337,735| |---|---|---| |Social security costs|33,475|28,299| |Other pension costs|20,967|13,976| ||481,114|380,010| ## |12|Tangible|fix|ed asset|s|||| |---|---|---|---|---|---|---|---| ||||||Flxtums end|Computers|Total| ||||||flttlnes|equipment|| ||||||6||| ||Cost||||||| ||At 1 April|2020|||16,370|60,833|77,203| ||Additions|||||2,239|2,239| ||At 31 March||2021||16,370|63,072|79,442| ||Depreciation||and impairment||||| ||At 1 April|2020|||14,692|54,510|69,202| ||Depreciation||charged|in the year|393|2,592|2,985| ||At 31 March||2021||15,085|57,102|72,187| ||Carrying|amount|||||| ||At 31 March||2021||1,285|5,970|7,255| ||At 31 March||2020||1,678|6,323|8,001| |13|Stocks||||||| |||||||2021|2020| |||||||6|6| ||Finished|goods and||goods for resale||1,020|1,841| ## ## ## |14|Debtors|||||| |---|---|---|---|---|---|---| ||||||2021|2020| ||Amounts
falling|due|within one year:||6|| ||Trade debtors||||6,500|8,000| ||Other debtors||||30,343|17| ||Prepayments
and|accrued income|||8,107|40,099| ||||||44,950|48,116| |15|Creditors: amounts||falling due within one year|||| ||||||2021|2020| |||||||6| ||Trade creditors||||18,651|19,615| ||Accruals and deferred||income||60,424|5,272| ||||||79,075|24,887| |16|Deferred income|||||| ||||||2021|2020| ||||||6|f| ||Arising from grants||||55,924|28,837| ||Deferred income|is included
in the financial statements||as follows:||| ||||||2021|2020| |||||||f| ||Balance brought|forward|||28,837|| ||Income received||||643,515|474,138| ||Income released||||(616,428)|(445,301)| ||Balance carried forward||||55,924|28,837| ||||Sl
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O|| ## ## ||||Movement|||| |---|---|---|---|---|---|---| ||||in funds|||| ||||Inccmlna|Balance at|Transfers|Balance at| ||||rescsrces
f|t April 2020f|f|31March 2021
f| |Business Development|Fund||||30,000|30,000| |Project Closure/Redundance/Relocation||Fund|||50,000|50,000| ||||||80,000|80,000| ## ## ## ## ## ## ## ## ||(Continued)| |---|---| |64,846|87,830| ## ## |23|Cash generated
from|operations|operations|||||2021|2020| |---|---|---|---|---|---|---|---|---|---| |||||||||6|6| ||Surplus for the year|||||||133,814|32,671| ||Adjustments
for:||||||||| ||Investment
income recognised||in statement|||offinancial|activities|(30)|(135)| ||Depreciation
and impairment
oftangible||||fixed assets|||2,985|3,675| ||Movements
in working|capital:|||||||| ||Decrease/(increase)
in|stocks||||||821|(923)| ||Decrease/(increase)
in|debtors||||||3,166|(31,049)| ||Increase/(decrease)
in|creditors||||||54,188|(16,610)| ||Cash generated
from/(absorbed|||by) operations||||194,944|(12,371)| |24|Analysis ofchanges|in net funds|||||||| ||The charity had no debt during||the|year.||||||