| ACCESS and Quality: | ACCESS and Quality: | ADVOCACY. " | ADVOCACY. " | ||
|---|---|---|---|---|---|
| Provide good Access to our advice service | s | Campaign to |
improve policies which affect | ||
| in ways chat best suit clients' needs and | peaple'S liveS | tO alleviate Suffering and | |||
| situations Maintain external quality accreditation |
to | i | hardship Particular focus on poverty, mental health |
||
| support continued funding thrdugh |
and reducing | inequality | |||
| evidence ofour high qualityservice | |||||
| SUSTAINAB ILITY: | CULTURE: | ||||
| o | Maintain excellent external relationships | ~ | Tobe acollaborative, innovative and a high |
||
| to ensure best outcomes for our clients and safeguard the future ofour service- including securing resources |
performing service that promotes equality, diversity and indusion, and challenges |
||||
| e | Continue to develop all staff ro the |
discrimination. | |||
| highest level of expertise and ensure | ~ | Tovalue our staff teams and be a highly | |||
| continued recruitment, training and |
recommended | place to work and volunteer | |||
| development ofvolunteers |
| 31.3.21 | 31.3.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
218 | 677,537 | 677,755 | 655,395 | ||
| Investment income |
182 | 182 | 933 | |||
| Other income | 1 | 1 | ||||
| Total | 401 | 677,537 | 677,938 | 656,328 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Advice Services | 653,100 | 653,100 | 669,172 | |||
| NET INCOME/(EXPENDITURE) | 401 | 24,437 | 24,838 | (12,844) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 278,493 | 125,679 | 404,172 | 417,016 | |
| TOTAL FUNDS CARRIED FORWARD | 278 894 | 160116 | 429,010 | 404 172 |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| CURRENT ASSETS | |||||
| Debtors | 10 | 11,439 | 11,439 | 14,123 | |
| Cash at bank and in hand | 307,381 | 150,116 | 457,497 | 416,618 | |
| 318,820 | 150,116 | 468,936 | 430,741 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(39,926) | (39,926) | (26,569) | ||
| NET CURRENT ASSETS | 278,894 | 150,116 | 429,010 | 404,172 | |
| TOTAL ASSETS LESSCURRENT | |||||
| LIABILITIES | 278,894 | 150,116 | 429,010 | 404,172 | |
| NET ASSETS | 278,894 | 150,116 | 429,010 | 404,172 | |
| FUNDS | 12 | ||||
| Unrestricted funds Restricted funds |
278,894 150,116 |
278,493 125,679 |
|||
| TOTAL FUNDS | 429,010 | 404,172 |
| Cash Flow Statement | ||||||
|---|---|---|---|---|---|---|
| for the Year Ended 31 March 2021 | ||||||
| 31.3.21 | 31.3.20 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated from operations |
40 697 | ~24,198) | ||||
| Net cash provided by/(used |
in) | operating | activities | 40,697 | ~24,198) | |
| Cash flows from investing | activities | |||||
| Interest received | 182 | 933 | ||||
| Net cash provided by investing |
activities | 182 | 933 | |||
| Change in cash and cash equivalents | in | |||||
| the reporting period Cash and cash equivalents |
at | the | 40,879 | (23,265) | ||
| beginning ofthe reporting |
period | 416,618 | 439,883 | |||
| Cash and cash equivalents | at | the end | of | |||
| the reporting period |
457497 | 416618 |
| RECONCILIATION OFNET INCOME/(E OPERATING ACTIVITIES |
XPENDITURE) TO NET |
CASH FLOW FROM | |
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| Net income/(expenditure) for the reporting |
period (as per the | ||
| Statement ofFinancial Activities) Adjustments for: |
24,838 | (12,844) | |
| Interest received Decrease/(increase) in debtors Increase in creditors |
(182) 2,684 13,357 |
(933) (13,684) 3,263 |
|
| Net cash provided by/(used in) operations |
~40 697 | (24,198) |
| At 1.4.20 | Cash flow | At 31.3.21 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank and in hand | 416,618 | 40,879 | 457,497 |
| 416618 | 40,879 | 457,497 | |
| Total | 416618 | 40 879 | 457,497 |
| 2. | DONATIONS | AND LEGACIES | AND LEGACIES | ||||
|---|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | ||||||
| Donations | 218 | 1,031 | |||||
| Grants | 677,537 | 654 364 | |||||
| 677,755 | 655 395 | ||||||
| Grants received, | included | in the above, are as | follows: | ||||
| 31.3.21 | 31.3.20 | ||||||
| Other grants | 677537 | 654,364 | |||||
| 3. | INVESTMENT | INCOME | |||||
| 31.3.21 | 31.3.20 | ||||||
| Deposit account | interest | 182 | 933 | ||||
| 4. | CHARITABLE | ACTIVITIES COSTS | |||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costs | note 5) | Totals | |||||
| Advice Services | 577,965 | 75,135 | 653,100 | ||||
| 5. | SUPPORT COSTS | ||||||
| Information | Governance | ||||||
| Management | technology | Other | costs | Totals | |||
| Advice Services | ~41 498 | 12,887 | 19,250 | 1,500 | 75,135 |
| STAFF COSTS | ||||||
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| Wages and salaries | 526,191 | 529,037 | ||||
| Social security costs Other pension costs |
41,865 253 |
0 | ||||
| 593,366 | 592,286 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 31.3.21 | 31.3.20 | |||||
| Advice Workers | 25 | 24 | ||||
| Administration | 6 | 6 | ||||
| 31 | 30 | |||||
| No employees received |
emoluments | in excess off60,000. | ||||
| COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
281 | 655,114 | 655,395 | |||
| Investment income |
933 | 933 | ||||
| Total | 1,214 | 655,114 | 656,328 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Advice Services | 20,363 | 648,809 | 669,172 | |||
| NET INCOME/(EXPENDITURE) | (19,149) | 6,305 | (12,844) | |||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 297,642 | 119,374 | 417,016 | ||
| TOTAL FUNDS CARRIED FORWARD | 278,493 | 125,679 | 404,172 |
| for th | e Year Ended 31March 2021 | |||
|---|---|---|---|---|
| 9. | TANGIBLE FIXEDASSETS | |||
| Fixtures | ||||
| and | Computer | |||
| fittings | equipment | Totals | ||
| COST | ||||
| At 1April 2020 and 31March 2021 | 6,221 | 5,264 | 1~1485 | |
| DEPRECIATION | ||||
| At 1 April 2020 and 31March 2021 | 6,221 | 5 264 | 1~1485 | |
| NET BOOK VALUE | ||||
| At 31 March 2021 | ||||
| At 31March 2020 | ||||
| 10. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.21 | 31.3.20 | |||
| Other debtors | 11,439 | 13,773 | ||
| Prepayments | 350 | |||
| 11,439 | 14,123 | |||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.21 | 31.3.20 | |||
| Trade creditors Social security and other taxes |
3,479 5,478 |
3,261 | ||
| Accruals and deferred income |
30,969 | 23 308 | ||
| 39,926 | 26569 |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1.4.20 | in funds | funds | 31.3.21 | |
| Unrestricted funds |
||||
| General fund | 184,856 | 401 | 185,257 | |
| Designated Funds |
93,637 | 93 637 | ||
| Restricted funds |
278,493 | 401 | 278,894 | |
| Masdap | 4,226 | 12,963 | 17,189 | |
| North Swindon Advice Point | 731 | (9,049) | 8,318 | |
| Macmillan Energy Best Deal East Swindon Others |
8,801 20,119 6,464 |
(2,093) (16,154) (2,990) 3,792 |
2,990 7,249 |
6,708 3,965 17,505 |
| Swindon Borough Council Thames Water |
85,338 | 37,049 919 |
(18,557) | 103,830 919 |
| 125,679 | 24,437 | 150,116 | ||
| TOTAL FUNDS | 404,172 | 24,838 | 429,010 | |
| Net movement in funds, included |
in the above are as follows: | |||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 401 | 401 | ||
| Restricted funds |
||||
| Masdap North Swindon Advice Point Macmillan Energy Best Deal East Swindon Others Swindon Borough Council Thames Water |
81,091 1 38,864 9,085 8,000 83,024 423,472 34000 |
(68,128) (9,050) (40,957) (25,239) (10,990) (79,232) (386,423) ~33081) |
12,963 (9,049) (2,093) (16,154) (2,990) 3,792 37,049 919 |
|
| 677,537 | ~633,100 | 24437 | ||
| TOTAL FUNDS | 677,938 | ~633,100) | 24 838 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.19 | in funds | funds | 31.3.20 | ||
| Unrestricted funds |
|||||
| General fund Designated Funds |
183,642 114,000 |
1,214 ~20,363) |
184,856 93637 |
||
| Restricted funds |
297,642 | (19,149) | 278,493 | ||
| Masdap North Swindon Advice Point |
4,226 731 |
4,226 731 |
|||
| Macmillan Energy Best Deal East Swindon Others Swindon Borough Council Thames Water |
(403) 27,005 13,856 78,916 |
9,204 (6,886) (5,546) (7,952) 12,836 ~308) |
5,546 560 (6,414) 308 |
8,801 20,119 6,464 85,338 |
|
| 119,374 | 6,305 | 125,679 | |||
| TOTAL FUNDS | 417,016 | ~12,844) | 404,172 | ||
| Comparative net movement |
in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund Designated Funds |
1,214 | ~20,363) | 1,214 ~20,363) |
||
| Restricted funds |
1,214 | (20,363) | (19,149) | ||
| Masdap North Swindon Advice Point Macmillan Energy Best Deal East Swindon Others Swindon Borough Council Thames Water |
52,145 15,500 52,924 15,398 250 67,650 417,172 34,075 |
(47,919) (14,769) (43,720) (22,284) (5,796) (75,602) (404,336) ~34,383) |
4,226 731 9,204 (6,886) (5,546) (7,952) 12,836 ~308) |
||
| 655,114 | 648,809 | 6 303 | |||
| TOTAL FUNDS | 656,328 | ~669,)72) | ~12844) |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.4.19 | in funds | funds | 31.3.21 | ||||
| Unrestricted | funds | ||||||
| General fund | 183,642 | 1,615 | 185,257 | ||||
| Designated Funds |
114,000 | ~20,363) | 93,637 | ||||
| 297,642 | (18,748) | 278,894 | |||||
| Restricted funds |
|||||||
| Masdap | 17,189 | 17,189 | |||||
| North Swindon Advice Point | (8,318) | 8,318 | |||||
| Macmillan | (403) | 7,111 | 6,708 | ||||
| Energy Best Deal | 27,005 | (23,040) | 3,965 | ||||
| East Swindon | (8,536) | 8,536 | |||||
| Others | 13,856 | (4,160) | 7,809 | 17,505 | |||
| Swindon Borough Council |
78,916 | 49,885 | (24,971) | 103,830 | |||
| Thames Water | 611 | 308 | 919 | ||||
| 119374 | 30,742 | 150,116 | |||||
| TOTAL FUNDS | 417,016 | 11,994 | 429,010 | ||||
| A current year | 12 months | and prior year 12 months | combined | net movement | in | funds, included | in the above a |
| as follows: | |||||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted funds |
|||||||
| General fund | 1,615 | 1,615 | |||||
| Designated Funds |
~20,363) | ~20 363) | |||||
| 1,615 | (20,363) | (18,748) | |||||
| Restricted funds |
|||||||
| Masdap | 133,236 | (116,047) | 17,189 | ||||
| North Swindon | Advice Point | 15,501 | (23,819) | (8,318) | |||
| Macmillan | 91,788 | (84,677) | 7, 1 11 | ||||
| Energy Best Deal | 24,483 | (47,523) | (23,040) | ||||
| East Swindon | 8,250 | (16,786) | (8,536) | ||||
| Others | 150,674 | (154,834) | (4,160) | ||||
| Swindon Borough Council | 840,644 | (790,759) | 49,885 | ||||
| Thames Water | 68,075 | ~67,464) | 611 | ||||
| 1,332,651 | (1~301,909 | 30,742 | |||||
| TOTAL FUNDS | 1 334,266 | 11,322,272) | 11,994 |
| 13. | RELATED PARTY DISCLOSURES | RELATED PARTY DISCLOSURES | |||||||
|---|---|---|---|---|---|---|---|---|---|
| There were no related party transactions for the year |
ended | 31 March 2021. | |||||||
| 14. | RESTRICTED FUNDS | ||||||||
| The charity's restricted funds have the following purposes: |
|||||||||
| (i) MASDAP | |||||||||
| Face to Face debt case work. | |||||||||
| (ii) | Swindon Borough Council |
||||||||
| This fund comprises a service contract with | Swindon Borough | Council for the | provision ofthe | ||||||
| bureau's services. This covers the costs ofstaff and |
running | costs in connection | with | the | |||||
| operation ofthe bureau. | |||||||||
| (iii) | Outreaches | ||||||||
| Resources provided to finance advice points |
in North Swindon | and East Swindon, | carrying | ||||||
| out the same functions as the main branch. |
|||||||||
| (iv) | Macmillan | ||||||||
| Fund utilised to provide advice to cancer sufferers | and their | families. | |||||||
| (v) Energy Best Deal | |||||||||
| Grant to fund talks on energy and switching | energy | suppliers | etc.. | ||||||
| (vi ) | Other | ||||||||
| Smaller funds to provide advice to people affected | by MS, Sovereign Housing | tenants | and the | ||||||
| administration ofPension Wise appointments |
in Swindon |
| Detailed Statement ofFinancial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2021 | ||
| 31.3.21 | 31.3.20 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations | 218 | 1,031 |
| Grants | 677,537 | 654,364 |
| 677,755 | 655,395 | |
| Investment income |
||
| Deposit account interest | 182 | 933 |
| Other income | ||
| Other income | ||
| Total incoming resources |
677,938 | 656,328 |
| EXPENDITURE | ||
| Charitable activities |
||
| Wages Social security Pensions Volunteer expenses Telephone |
500,641 41,865 25,310 3,268 6,881 |
505,265 39,270 23,979 10,786 |
| 577,965 | 579,300 | |
| Support costs | ||
| Management | ||
| Wages Occupancy costs Telephone |
25,550 279 9,358 |
23,772 9,599 4,898 |
| Postage and stationery | 5,579 | 28,006 |
| Repairs and renewals | 732 | |
| 41,498 | 66,275 | |
| Information technology |
||
| Computers and ITEquipment |
12,887 | |
| Other | ||
| Insurance Sundries |
2,399 13,310 |
2,379 15,729 |
| Training and recruitment |
3,541 | 4,100 |
| 19,250 | 22,208 | |
| Governance costs |
||
| Accountancy and legal fees |
1,500 | 1,389 |