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2021-03-31-accounts

Page
Trustees' annual
report (incorporating		 the director's report)
Independent
auditor's		 report to the members 15
Statement offinancial activities (including income and
expenditure account) 20
Statement offinancial position 21
Statement ofcash flows 22
Notes to the financial statements 23
Appendix to the financial
statements		 42

Year end ed 31 March 20 ed 31 March 20 ed 31 March 20 21
Reference and administrative details
Registered charity name Gwent Association of Voluntary Organisations
Charity registration number 1113558
Company registration number 5590517
Principal office and
office		 registered Ty Deiwen
Church Road
Maindee
Newport
NP19 7EJ
The trustees
Brigadier R Aitken CBEHer
Majesty's
Lord-Lieutenant		 of
Gwent
Mr EWatts MBE DL
Mrs J Steven
Mr L Clay
Ms C Davy		 (Resigned 25 March 2021)
Mr R M Dutt
Mr C L Hawker
Mr DJones OBE
Mr A Lewis
Mrs SSmith
Mrs C Williams		 (Resigned 1 July 2021)
Mr J Williams MBE JP
Auditor Walter Hunter & Co Limited
Chartered
accountants		 8 statutory auditor
24 Bridge Street
Newport
South Wales
NP20 4SF
Bankers NatWest Bank pic
High Street
Newport
NP20 4SE
Solicitors Morgan,
Denton		 &Jones
Haywood
House		 North
Dumfries Place
Cardiff
CF103GA

2021 2020
Pension
Deficit
Unrestricted Restricted Recovery
Note
Income and endowments		 funds
f		 funds funds Total funds
f		 Total funds
Donations
and legacies
Charitable
activities
Other trading
activities
Investment
income
Other income		 5
6
7
8
9		 407
1,425,361
7,675
284		 4,649
2,420,002
4,360
800		 5,056
3,845,363
12,035
284
800		 8,530
3,080,729
15,834
753
Total income 1,433,727 2,429,811 3,883,538 3,105,846
Expenditure
Expenditure
on
charitable
activities		 10,11 810,705 2,429,811 (12,709) 3,227,807 3,056,908
Total expenditure 810,705 2,429,811 (12,709) 3,222,807 3,058,808
Net income and net
movement
in funds		 623,022 12,709 635,731 48,938
Reconciliation
offunds
Total funds brought forward 373,495 (81,458) 292,037 243,099
Total funds carried forward 996,517 (68,749) 927,768 292,037

31 Wlarch 2021
2021 2020
Note
Fixed assets
Tangible
fixed assets		 17 350„000 350,000
Current assets
Debtors
Cash at bank and in		 hand 18 330,894
1,186,960		 336,035
273,594
1,517,854 609,629
Creditors: amounts falling due within one year 19 871,337 586,134
Net current assets 646,517 23,495
Total assets less current liabilities 996,517 373,495
Provisions
Pensions
and similar		 obligations 20 68,749 81,458
Net assets 927,768 292,037
Funds ofthe charity
Pension
Deficit Recovery funds
Unrestricted
funds		 (68,749)
996,517		 (81,458)
373,495
Total charity funds 927,768 292,037

Company
Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2021
2021 2020
Cash generated
from operafions		 Note
24		 912,282 F
120,827
Interest received 753
Net cash from operating
activities		 912,566 121,580
Cash flows from investing
activities
Proceeds from sale oftangible
assets		 800
Net cash from investing
activities		 800
Net increase
in cash and cash equivalents
Cash and cash equivalents
at beginning		 ofyear 913,366
273,594		 121,580
152,014
Cash and cash equivalents
at end ofyear		 1,186,960 273,594

Donations and lega cies
Unrestricted Restricted Total Funds
Funds Funds 2021
Donations F K
Public & Community
Dial-a-Ride donations		 Council donations 407 4,569
80		 4,976
80
407 4,649 5,056
Unrestricted Restricted Total Funds
Funds Funds 2020
Donations
Public 8 Community
Dial-a-Ride donations		 Council donations 315 5,615
2,600		 5,930
2,600
315 8,215 8,530
Charitable activities
Unrestricted Restricted Total Funds
Funds Funds 2021
Welsh Government
WCVA
Local Authority
Councils
Local Health Boards
Comic Relief
Other grants
Administration
fees
Exceptional
income from charitable		 activities 498,684
74,347
(1,885)
240,512
613,703		 1,476,551
49,155
290,748
449,852
8,306
39,026
106,364		 1,476,551
547,839
365,095
449,852
8,306
37,141
240,512
720,067
1,425,361 2,420,002 3,845,363

Unrestricted Restricted Total Funds
Funds Funds
f		 2020
Welsh Government
WCVA
Local Authority
Councils
Local Health Boards
Comic Relief
Other grants
Administration
fees
Exceptional
income from charitable		 activities 435,041
37,418
3,922
230,427		 1,368,579
233,786
274,787
211,419
216,858
68,492		 1,368,579
668,827
312,205
211,419
216,858
72,414
230,427
7D8,808 2,3?3,921 3,D80,729

Other trading activities
Unrestricted Restricted Total Funds
Funds Funds 2021
Rental
Other		 income
sundry
income		 7,087
588		 4,360 7,087
4,948
7,675 4,360 12,035
Unrestricted Restricted Total Funds
Funds Funds 2020
f.
Rental
Other		 income
sundry		 income 11,835 1,600
2,399		 13,435
2,399
11,835 3,999 15,834

Invest ment
income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
Bank interest receivable 284 284 753 753
Other income
Restricted Total Funds Restricted Total Funds
Funds 2021 Funds 2020
R
Gains on disposal oftangible fixed
assets 800 800

Expenditure
on charitable
activitie		 s by fund type
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2021
Core activities
Regional Covid19 Support
Communities
For Work
Children
& Families
Care Projects
Transport
Grants to Voluntary
Organisations
Volunteering		 575,768
35,583		 1,148,764
174,838
233,772
1,862
493,482		 575,768
35,583
1,148,764
174,838
233,772
1,862
493,482
Support costs 199,354 377,093 (12,709) 563,738
810,705 2,429,811 (12,709) 3,227,807
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2020
Core activities
Regional Covid19 Support		 509,054 F
509,054
Communities
For Work
Children
&Families
Care Projects
Transport
Grants to Voluntary
Organisations
Volunteering
Support costs		 177,827 1,150,816
192,425
172,151
4,683
296,170
177,150
393,990		 (17,358) 1,150,816
192,425
172,151
4,683
296,170
177,150
554,459
686,881 2,387,385 (17,358) 3,056,908

Activities
undertaken Grant funding Total funds Total fund
Core activities
Pension
Deficit		 directly
575,768		 ofactivities Support costs
183,490		 2021
E
759,258		 2020
f
663,262
Recovery
Regional Covid19		 (12,709) (12,709) (17,358)
Support
Communities
For Work
Children
8 Families
Care Projects
Transport
GAVO Voluntary
Action		 35,583
1,148,764
174,838
228,772
1,862		 5,000 6,718
271,910
29,261
53,137
5,389		 42,301
1,420,674
204,099
286,909
7,251		 1,389,533
229,081
238,074
17,172
Centre
Grants to Voluntary		 15,260
Organisation s
Volunteering
Governance
costs		 493,482 17,396
9,146		 510,878
9,146		 309,850
205,050
6,984
2,165,587 498,482 563,738 3,227,807 3,056,908
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2021 2020
Grants to institutions F
Caerphilly
Health, Social Care &Wellbeing
Caerphilly
Care Grants
GWIRVOL Youth Led Grants
Health
&Social Care Facilitators Grants
Lightsource
Grants
Comic Relief Community
Fund Grants
Comic Relief Covid 19Grants
Intergrated
Care Fund Small Grants
Vountary
Services Emergency
Fund Grants
Community
Animators
Grants		 Grants 5,900
9,1?8
22,320
5,000
13,593
8,306
106,364
226,965
100,856		 24,901
28,410
34,789
208,070
1,72?
498,482 297,897
Total grants 498,482 297,897
Net income
Net income is stated after charging/(crediting):
2021 2020
Depreciation
oftangible fixed assets
Gains on disposal oftangible fixed assets
Fees payable for the audit ofthe financial statements		 (800)
9,600		 20,375
6,984

Fees payable for the au
Staff costs		 dit ofthe f inancial statements 9,600 6,984
The total staff costs and employee benefits for the reporting period are analysed as follows:
2021 2020
Wages and salaries
Social security costs
Employer contributions		 to pension plans 1,693,258
162,254
98,433		 1,644,596
154,535
95,867
1,953,945 1,894,998
offull-ti me equivalent
em		 ployees
during		 the year is analysed
 .
as follows:
2021 2020
No. No.
Number
Number		 of
of		 administrative
staff employed		 staff
on charitable		 activities 8
56		 6
57
64 63

Tangible fixed assets
Land and Motor
buildings vehicles Total
Cost orvaluation K
At 1 April 2020
Disposals		 464,000 68,240
(43,000)		 532,240
(43,000)
At 31 INarch 2021 464,000 25,240 489,240
Depreciation
At 1 April 2020
Disposals		 114,000 68,240
(43,000)		 182,240
(43,000)
At 31 INarch 2021 114,000 25,240 139,240
Carrying
amount
At 31 INarch 2021 350,000 350,000
At 31 March 2020 350,000 350,000

comparable
carrying
amount
that would
have been
under the historical cost model are as follows:
,

recognised
if the assets
had been carried
Freehold
property
At 31 INarch 2021
Aggregate cost
Aggregate
depreciation		 1,180,961
(661,322)
Carrying
value		 519,639
At 31 March 2020
Aggregate cost
Aggregate
depreciation		 1,180,961
(661,332)
Carrying
value		 519,629

2021 2020
Trade debtors
Prepayments
and accrued income
Other debtors		 317,492
10,313
3,089		 328,116
7,919
330,894 336,035
Creditors: amounts
falling due within one year
2021 2020
Trade creditors
Accruals and deferred income
Social security and other taxes
Grants received
in advance		 54,403
38,627
41,664
736,643		 f
71,511
25,992
39,039
449,592
871,337 586,134

Pensions
and similar
obligations
At 1 April 2020
Net effect of Income and Expenditure		 adjustments (note 21) 81,458
(12,709)
At 31 INarch 2021 68,749

GAVO Position GAVO Position
Present Values ofProvisions
31 March 31 March 31 March
2021 2020 2019
Present value of provision 68,'749 81,458 98,816
Reconciliation ofOpening a Closing Provisions
2021 2020
Provision as the start ofthe period
Unwinding
ofthe discount factor (interest
Deficit contribution
paid
Remeasurements
-impact ofany change		 expense)
in assumptions		 81,458
1,831
(16,891)
2,351		 98,816
1,250
(16,399)
(2,209)
Provision at end ofperiod 68,749 81,458
Income and Expenditure
Impact
2021 2020
Interest expense
Remeasurements
Costs recognised		 -impact ofany change
in
in income and expenditure		 assumptions
account		 1,831
2,351
(16,891)		 1,250
(2,209)
(16,399)
(121709) (17,358)
Assumptions
31 March 31 March 31 March
2021 2020 2019
0/
Rate ofdiscount 0.66 2.53 1.39

Unrestricted funds
At 1 April At 31 INarch
2020 Income Expenditure Transfers 2021
General unrestricted F E
fund
Fixed Asset		 Fund- 94,568 1,433,727 (810,705) (210,000) 50?,590
GAVO Head Office
Designated
Fund-		 278,927 278,927
Covid19 Response 210,000 210,000
373,485 1,433,727 (810,705) 996,517
At 1 April At 31 March
2019 Income Expenditure Transfers 2020
General unrestricted Z Z F
fund
Fixed Asset		 Fund- 35,478 719,711 (660,621) 94,568
GAVO Head
Designated		 Office
Fund-		 305,187 (26,260) 278,927
Covid19 Response
340,665 719,711 (686,881) 373,495

At 1 April
2020		 At 1 April
2020		 At 1 April
2020		 Income Expenditure Transfers At 31March
2021
Z
Development Projects 8
Development Officers
Posts
Communities
First
Children
8 Families
Care Projects
Transport
Grants to Voluntary		 1,420,674
204,099
286,909
7,251		 (1,420,674)
(204,099)
(286,909)
(7,251)
Organisations
Volunteering		 510,878 (510,878)
2,428,811 (2,428,811)
At 1 April
2019		 Income Expenditure Transfers At 31 March
2020
Development Projects 8
Development Officers
Posts
Communities
First
Children
8 Families
Care Projects
Transport
Grants to Voluntary		 1,250 33,414
1,389,533
229,081
238,074
15,922		 (33,414)
(1,389,533)
(229,081)
(238,074)
(17,172)
Organisations
Volunteering		 275,061
205,050		 (275,061)
(205,050)
1,250 2,386,135 (2,387,385)

Endowm ent
funds
At 1 April
2020		 Income Expenditure Transfers At 31 March
2021
Pension Deficit F f.
Recovery Fund (81,458) 12,709 (68,749)
At 1 April
2019		 Income Expenditure Transfers At 31 March
2020
Pension Deficit
Recovery Fund (98,816) 17,358 (81,458)
Pension
Deficit
Unrestricted Restricted Recovery Total Funds
Funds Funds Funds 2021
Tangible fixed assets
Current assets
Creditors less than
1 year
Provisions		 350,000
781,211
(134,694)		 736,643
(736,643)		 (68,749) 350,000
1,517,854
(871,337)
(68,749)
Net assets 996,517 (68,749) 927,768
Pension
Deficit
Unrestricted Restricted Recovery Total Funds
Funds Funds Funds 2020
Tangible fixed assets
Current assets
Creditors less than
1 year
Provisions		 350,000
160,037
(136,542)		 449,592
(449,592)		 (81,458) 350,000
609,629
(586,134)
(81,458)
Net assets 373,4S5 (81,458) 292,037

2021 2020
Net income 635,731 F
48,938
Adjustments
for.
Depreciation
oftangible fixed assets
Other interest receivable
and similar income
Gains on disposal oftangible fixed assets
Accrued expenses/(income)
Loss on revaluation
oftangible
fixed assets		 (284)
(800)
12,635		 20,375
(753)
(7,376)
11,000
Changesin:
Trade and other debtors
Trade and other creditors
Provisions
and employee		 benefits 5,141
272,568
(12,709)		 (143,361)
209,362
(17,358)
912,282 120,827
25. Analysis ofchanges
in		 net debt
At 1 Apr At 31 Mar
2020 Cash flows 2021
Cash at bank and in hand 273,594 913,366 1,186,960
26. Operating
lease commitments
The total future minimum lease payments under non-cancellable operating leases are as follows:
2021 2020
Not later than
1 year
Later than
1 year and not		 later than 5years f.
49,334
43,788		 E
3,670
62,502
93,122 66,172

Transfer to
Balance at 1
Aprg 2020
6		 Incoming
rssoUrces
6		 Outgoing
resoofces
f		 Unrestricted
Reserves
6		 Bahrnce at 31
March 2921
6
COMMUNTIES 4 WORK PLUS (EMPLOYABIUTY)
COMMUNllES 4WORK P1
COMMUNTIES 4 WORK P3
COMMUNTY ANMATOR PROJECT
COMMUNTIES
ADDlllONAL		 763,927
406,636
178,725
20,639
50,747		 (763,927)
(406,636)
(178,725)
(20,639)
(50,747)
COMMUNITIES RRST&COMMUNfllES 4WORK 1,420,674 1,420,674
FAMILIES FIRSTNEWPORr
UTTLE VOICES
FOOD POVERTY		 24,909
161,319
17,871		 (24,909)
(161,319)
(17,871)
CHILDREN &FANUES 204098 204,099
MENTAL HEALTH SLPPORT PROJECT
DEPARTMENT FOR WORK &PENSIONS
COMPASSIONATE
COMMlMTIES TRAINNG
I+AU.TH &SOCIAL CARE FACIUTATORS
EXPERTPATIENT PROGRAMME
CARERS MONMOUTH		 25,924
17,850
145,844
62,895
33,736		 (25,924)
(660)
(17,850)
(145,844)
(62,895)
(33,736)
CARE PROJECTS 286,909 286,909
COMMUN TYTRANSPORT PROJECT
DIAL A RIDE B/GWENT		 788
6,463		 (788)
(6,463)
TRANSPORT PROJECTS 7,251 7251
CAERPHLLY CARE GRANTS
CAERPHLLY HSC &WELLSEING
COMIC REUEF
COMICS RELIEF COVID19 GRANTS
GWIRVOL YOUIH LED GRANT - PAN GWENT
ICF
UGHTSOURCE
VOLUNTARY SECTOR EMERGENCY FUN)		 17,178
5,900
8,306
106,364
22,385
226,965
14,944
108,856		 (17,178)
(5,900)
(8,306)
(106,364)
(22,365)
(226,965)
(14,944)
(108,858)
GRANTS TO VOLUNTARY ORGANIATIONS 510,878 510,878
2429 811 2429 811