2021-03-31-accounts - Torfaen Citizens Advice Bureau

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Unrestricted funds carried forward are	F309	,557	and rest
Principal funding sources
Torfaen County Borough Council
Welsh Government
Citizens Advice
Money and Pensions Service
Dept of Business Energy 8 Industrial		Strategy
British Gas Energy Trust
Energy Redress Fund
Cwmbran Community Council
Pontypool Community Council
Croesyceiliog and Llanyrafon	Community		Council
Henllys Community Council
People's Postcode Lottery
Good Things Foundation
Moondance Foundation

						2021	2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				97,789		97,789	101,283
Charitable activities
Provision of advice				132,819	963,942	1,096,761	873,003
Other trading activities							600
Investment income				37		37	271
Other income				10,948		10,948	24,233
Total				241,593	963,942	1,205,535	999,390
EXPENDITURE ON
Charitable activities
Provision of advice				143,196	897,069	1,040,265	965,066
NET INCOME				98,397	66,873	165,270	34,324
Transfers between funds			18	~4,970)	4,970
Net movement in funds				93,427	71,843	165,270	34,324
RECONCILIATION OF FUNDS
Total funds brought	forward			216,130	45,997	262,127	227,803
TOTAL FUNDS CARRIED FORWARD				309,557	117,840	427,397	262,127

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	14	71,803		71,803	41,729
CURRENT ASSETS
Debtors	15	39,393	115,140	154,533	120,313
Cash at bank		243,018	40,367	283,385	140,633
		282,411	155,507	437,918	260,946
CREDITORS
Amounts falling due within one year	16	(44,657)	(37,667)	(82,324)	(40,548)
NET CURRENT ASSETS		237,754	117,840	355,594	220,398
TOTAL ASSETS LESSCURRENT LIABILITIES		309,557	117,840	427,397	262,127
NET ASSETS		309,557	117,840	427,397	262,127
FUNDS	18
Unrestricted funds				309,557	216,130
Restricted funds				117,840	45,997
TOTAL FUNDS				427,397	262,127

			2021	2020
		Notes		2
Cash flows from operating	activities
Cash generated from operations		1	190,612	~74,463)
Net cash provided by/(used	in) operating	activities	190,612	~74,463)
Cash flows from investing	activities
Purchase of tangible fixed assets Interest received			(47,897) 37	(32,149) 271
Net cash used in investing activities			~47,860)	~31,878)
Change in cash and cash	equivalents	in
the reporting period Cash and cash equivalents	at the		142,752	(106,341)
beginning ofthe reporting	period		140,633	246,974
Cash and cash equivalents	at the end	of
the reporting period			283,385	140,633

	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	ACTIVITIES
					2021	2020
	Net income for the	reporting		period (as per the Statement of Financial
	Activities) Adjustments for:				165,270	34,324
	Depreciation charges				17,823	23,558
	Interest received Increase in debtors Increase/(decrease)	in creditors			(37) (34,220) 41 776	(271) (97,129) ~34,945
	Net cash provided	by/(used		in) operations	190,612	~74,463)
2.	ANALYSIS OF CHANGES		IN	NET FUNDS
				At 1/4/20	Cash flow	At 31/3/21
	Net cash
	Cash at bank			140,633	142,752	283,385
				140,633	142,752	283,385
	Total			149633	142,752	283,385

DONATIONS AND LEGACIE	S
			2021	2020
Donations			150	23
Torfaen County Borough Council - core		funding	70,630	71,740
Cwmbran Community Council			4,400	4,400
Pontypool Community Council			3,300	3,000
Henllys Community Council			500
Croesyceiliog and Llanyrafon	Community	Council	1,000	1,000
People's Postcode Lottery				20,000
Good Things Foundation			688	1,120
Moondance Foundation			17,121
			97;789	101,283
OTHER TRADING ACTIVITIES
			2021	2020
Room hire income				600
INVESTMENT INCOME
			2021	2020
Bank interest receivable			37	271

						2021	2020
Grants and other fundin
Welsh Government - Better Advice Better Lives							63,260
Welsh Government - Communities		First shared outcomes					45,000
Welsh Government - Front Line Advice Services -Welfare Benefits Advice							54,281
Welsh Government - Broadband		Pontypool	&Torfaen				500
Torfaen County Borough	Council	- TYPSS				12,550	12,550
Torfaen County Borough	Council	- Disability	Appeals		project	34,458	35,000
Torfaen County Borough	Council	- Benefits	check outreach			41,350	42,000
Money Advice Service funded - Debt Advice			project				95,878
Cardiff &Vale Citizens Advice Bureau - Integrated				Digital Money Advice Pilot		50,547	49,018
Citizens Advice - Citizens	Advice	Consumer	Service			340,743	191,642
Torfaen County Borough	Council	- Good with Money					5,500
Warmer Wales						19,869	19,707
Help to Claim - Phone 8	Web						3,881
Help to Claim - National						89,473	91,688
Help to Claim - Core						65,068	50,033
Welsh Government - Single Advice Fund: Specialist						156,225	37,667
Welsh Government - Single Advice Fund: Community					Focussed	111,680	27,471
Seams						30,458	22,927
Welsh Government - Regeneration		2020					25,000
Aneurin Bevan University	Health Board - Welfare Rights Service					43,570
Energy Saving Trust - Ofgem						15,927
Newport CAB - Test and	Leam					20,681
DWP - Resource Management						3,368
Community Foundation Wales						15,000
Citizens Advice - various	lockdown grants					6,465
HMPT phone and chat						24,000
WCVA - Voluntary Services Recovery Fund						15,330
						1,096,762	873,003
CHARITABLE ACTIVITIES COSTS
					Direct	Support
					Costs (see	costs (see
					note 8)	note 9)	Totals
Provision ofadvice					1,015,830	24,435	1,040,265
DIRECT COSTS OF CHARITABLE ACTIVITIES
						2021	2020
Staff costs						901,309	741,307
Rates						841	3,627
Light and heat						932	10,607
Telephone						13,693	11,498
Printing and stationery						10,119	8,376
Rent and service charge						17,221	59,238
Travel and subsistence						3,155	12,645
Subscriptions						464	801
Direct recruitment costs						1,663	1,131
Training and conferences						4,144	4,263
Insurance						1,568	1,494
Computer costs						16,279	4,390
Repairs and renewals						9,741	3,492
Sundry expenses						2,948	2,519
Legal and professional fees						957	1,744
Carried forward						985,034	867,132

8.	DIRECT COSTS OF	CH	ARITABLE ACTIVITI	ES -continued
						2021	2020
	Brought forward Postage and carriage Project management	fee				985,034 5,065 8,238	867,132 4,612 7,849
	Depreciation					17,493	22,354
						1,015,830	901,947
9.	SUPPORT COSTS
			Staff		Other	Governance
			costs	Depreciation	costs	costs	Totals
	Provision ofadvice		17,000	330	2,425	4,680	24,435
10.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
						2021	2020
	Auditors' remuneration					4,680	4,680
	Depreciation - owned assets Lease payments recognised as an expense					17,823 20,157	23,558 19,717

There were no trustee STAFF COSTS	s' expense	s p	aid for	the	yea	r ended 31 March 2021 or for	the year ended 31	March 2020
							2021	2020
Wages and salaries Social security costs							826,309 53,731	708,926 50,950
Other pension costs							38,269	30,167
							918,309	790,043
The average monthly	number of	employees		during		the year was as follows:
							2021	2020
							47	38
No employees received emoluments			in excess		of260,000.
The average number	of full-time	and	part-time		staff were as follows:
							2021	2020
Average number of full time staff							30	25
Average number of part time staff							13	13
Equivalent number of	full time staff						43	32


13.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestdcted	Restricted	Total
					funds	funds	funds
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies				101,283		101,283
	Charitable activities
	Provision of advice				132,018	740,985	873,003
	Other trading activities				600		600
	Investment income				271		271
	Other income				24,233		24,233
	Total				258,405	740,985	999,390
	EXPENDITURE ON
	Charitable activities
	Provision of advice				242,191	722,875	965,066
	NET INCOME				16,214	18,110	34,324
	Transfers between		funds		~4,075)	4,075
	Net movement in funds				12,139	22,185	34,324
	RECONCILIATION	OF FUNDS
	Total funds brought		forward		203,991	23,812	227,803
	TOTAL FUNDS CARRIED FORWARD				216,130	45,997	262,127
14.	TANGIBLE FIXED	ASSETS
						Office
						equipment,
					Improvements	fixtures
					to property	& fittings	Totals
	COST
	At 1 April 2020				18,597	64,220	82,817
	Additions				15,001	32,896	47,897
	At 31 March 2021				33,598	97,116	130,714
	DEPRECIATION
	At 1 April 2020					41,088	41,088
	Charge for year					17,823	17,823
	At 31 March 2021					58,911	58,911
	NET BOOK VALUE
	At 31 March 2021				33,598	38,205	71,803
	At 31 March 2020				18,597	23,132	41,729

15.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING DUE WITHIN	FALLING DUE WITHIN	FALLING DUE WITHIN	ONE YEAR	ONE YEAR
											2021	2020
	Accrued	income									153,908	117,849
	Other debtors										625
	P repayments											2,464
											154,533	120,313
16.	CREDITORS: AMOUNTS					FALLING	DUE WITHIN ONE YEAR
											2021	2020
	Accruals	and deferred		income							82,324	40,548
	Included	within acciuals			and deferred		income above is the		following	deferred income:
											2021	2020
	Citizens	Advice -	HMPT		phone and chat						30,000
	WCVA -	Volunteer	project								7,667
											37,667
17.	LEASING AGREEMENTS
	Minimum	lease payments				under non-cancellable		operating	leases fall due as follows:
											2021	2020
	Within one year										12,460	13,157
	Between	one and	five	years							36,684	49,144
											49,144	62,301

MOVEMENT IN F	UNDS
					Net	Transfers
					movement	between	At
				At 1/4/20	in funds	funds	31/3/21
Unrestricted funds
General fund				159,401	116,220	(52,867)	222,754
Designated fund —Employer pension scheme				15,000			15,000
Designated fund -	Fixed asset fund			41,729	~17 823i	47,897	71,803
Restricted funds				216,130	98,397	(4,970)	309,557
Torfaen Young People's Support Service
(TYPSS) project					(3,016)	3,016
Communities First	shared	outcomes		4,293		(4.293)
Citizens Advice consumer		service			7,658		7,658
Warmer Wales				11,945	2,858		14,803
Help to Claim				5,666	(333)		5,333
Welsh Government	- Single advice		fund:
Specialist				10,706	25,097		35,803
Welsh Government	- Single advice		fund:
Community focussed				6,985	(984)	4,293	10,294
Seams					34		34
Welsh Government	- Regeneration		2020	6,402	(5,614)		788
ABUHB - Welfare	Rights	Service			5,420		5,420
Energy Saving Trust - Ofgem					(1,954)	1,954
Newport CAB - Test and Leam					18,169		18,169
DWP - Resource Management					721		721
Community Foundation Wales					15,000		15,000
HMPT phone and	chat				(4,295)		(4,295)
WCVA - Volunteer	project				8,112		8,112
				45,997	66,873	4,970	117,840
TOTAL FUNDS				262,127	165,270		427,397

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund Designated fund - Fixed asset fund			241,593	(125,373) ~17,823)	116,220 ~17,823)
			241,593	(143,196)	98,397
Restricted funds
Torfaen Young People's Support Service (TYPSS)		project	12,550	(15,566)	(3,016)
Citizens Advice consumer service			340,743	(333,085)	7,658
Warmer Wales			19,869	(17,011)	2,858
Help to Claim			154,541	(154,874)	(333)
Welsh Government —Single advice	fund: Specialist		156,225	(131,128)	25,097
Welsh Government-Single advice	fund: Community	focussed	111,680	(112,664)	(984)
Seams			30,458	(30,424)	34
Welsh Government - Regeneration	2020			(5,614)	(5,614)
ABUHB - Welfare Rights Service			43,570	(38,150)	5,420
Energy Saving Trust - Ofgem			15,927	(17,881)	(1,954)
Newport CAB - Test and Learn			20,681	(2,512)	18,169
DWP - Resource Management			3,368	(2,647)	721
Community Foundation Wales			15,000		15,000
HMPT phone and chat WCVA - Volunteer project			24,000 15,330	(28,295) ~7,218)	(4,295) 8,112
			963942	897,069	66,873
TOTAL FUNDS			1,205,535	~1,040,265)	165,270

MOVEMENT IN FUNDS - continued	MOVEMENT IN FUNDS - continued	MOVEMENT IN FUNDS - continued	MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
					Net	Transfers
					movement	between	At
				At 1/4/1 9	in funds	funds	31/3/20
Unrestricted funds
General fund				155,853	39,772	(36,224)	159,401
Designated fund -Employer		pension	scheme	15,000			15,000
Designated fund - Fixed	asset fund			33,138	~23,558)	32 149	41,729
				203,991	16,214	(4,075)	216,130
Restricted funds
BIS - Financial Inclusion	Fund			8,909		(8,909)
Torfaen Young People's	Support Service
(TYPSS)project					(2,061)	2,061
Better Advice Better Lives		project			(1,104)	1,104
Communities First shared	outcomes				4,293		4,293
Money Advice Service funded - Debt
Advice project				2,915	1,605	(4,520)
FrontLine Advice Services		- Welfare
Benefits Advice					(5,940)	5,940
Citizens Advice consumer		service			(14,684)	14,684
Warmer Wales				8,425	3,520		11,945
Help to Claim				3,563	2,103		5,666
Welsh Government - Single advice			fund:
Specialist					10,706		10,706
Welsh Government - Single advice			fund:
Community focussed					6,985		6,985
Seams					(12,313)	12,313
Welsh Government - Regeneration			2020		25,000	~18,598)	8402
				23,812	18,110	4,075	45,997
TOTAL FUNDS				227,803	34,324		262,127