## ## ## ## ## ## ## ## |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| ## ## ## ## ## ## ##