|||Page| |---|---|---| |Report ofthe Trustees||1 to 10| |Report ofthe Independent|Auditors|11to 13| |Statement of Financial Activities||14| |Balance Sheet||15| |Notes to the Financial Statements||16to 25| ## ## ## ## |Working with and for our members| |---| |Influence: We have listened
to and valued
our members'
views and expertise. We have represented
their views
to decision makers, championed
their work, and advocated
on behalf ofthem and the people they support.
Strengthen:
We have supported
our members
and strengthened
their skills and knowledge
through
our events,
research and training. We have also been a critical friend and challenged
our members
to be the best they can.
Connect:
We have
connected
our
members
with
experts
and
decision
makers
through
our events
and| |communications.
We have
run
regular
networks
on
key issues
such as housing
related
support,
learning
disabilities,
rough
sleeping
and Housing
First. We have visited
and supported
our members
in north and west
Wales.| |Sustain: We have worked
hard to maintain
the confidence
and support
of our members,
by delivering
a high-
quality service that provides
value for money.| |Experts by Experience| |Influence:
We have supported
people to have a voice in our events,
policy and campaigns
work, so that their
experiences
help to shape policy, legislation
and practice.| |Strengthen:
We have
supported
people
to develop
their
skills
and confidence
during
their
involvement
and| |ensured
that they feel valued and empowered.| |Connect: We have involved
people with lived experience ofhomelessness
and housing
related support services
in a variety ofways so that they can connect with decision makers, the media and people who deliver services.
Sustain: We have encouraged
our members
and partners
to involve people who have used services
in the design
and development
ofpolicy and services, locally and nationally,
for the long term.| |Partnership
and collaboration| |Influence: We have worked
with partners
within and outside ofthe housing
and support sector to strengthen
our
calls for changes to policy, legislation
or funding.| |Strengthen:
We have
strengthened
our
links
with
health,
social services
and justice
in order
to promote
collaborations
with the housing sector.| |Connect: We have worked
with
our sister organisations
across the
UK and
in Europe
and
formed
strategic
partnerships
with organisations
who can help us to achieve our objectives.
Sustain: We have continued
to work in partnership
with Tai Pawb and other partners
to reduce our expenditure| |and deliver value for our members.| |Working
with the Welsh Government| |Influence: We have developed
a positive and constructive
relationship
with Ministers
and officials - but we have| |maintained
our independence
and have not been afraid to challenge
policy or legislation
that will have a negative
impact on the people our members
support.| |Strengthen:
We have
worked
with,
scrutinised
and
lobbied
the Welsh
Government
to strengthen
policy and
legislation so it has a positive impact on people's
lives.| |Connect: We have connected
our members'
priorities to Welsh Government
priorities,
identifying
opportunities
to| |influence the national agenda. We have highlighted
the positive impact our members
have on Wales.
Sustain: We have worked
hard to demonstrate
our value
and continue
to be viewed as a key and invaluable
partner
in the development
of policy and practice to end homelessness
and support
people to live independently
in Wales.| |A strong and sustainable
future| |The delivery ofthis plan is dependent
on Cymorth
Cymru being strong and sustainable
into the future.| |Financial
sustainability:| |We have demonstrated
value for money for our members
and existing funders.| |We have diversified
income streams where this will help us to achieve our strategic objectives.| |We have balanced
the need to diversify
income
with the need to maintain
our focus and deliver
value for our| |members.| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total funds|Total funds| ||||funds|funds||| |||Notes||||| |INCOME AND ENDOWMENTS|FROM|||||| |Donations
and legacies|||245||245|500| |Charitable
activities||||||| |Membership|||101,700||101,700|100,175| |Research,
policy and practice|||186,212|60,650|246,862|229,276| |Training
and events|||40,843||40,843|129,913| |Other trading
activities||||||1,345| |Investment
income|||2,262||2,262|3,191| |Other income|||15,006||15,006|15,764| |Total|||346,268|60,650|406,918|480,164| |EXPENDITURE ON||||||| |Charitable
activities||||||| |Membership|||88,241||88,241|76,981| |Research,
policy and practice|||182,821|60,650|243,471|236,847| |Training
and events|||58,334||58,334|120,119| |Total|||329,396|60,650|390,046|433,947| |NET INCOME|||16,872||16,872|46,217| |RECONCILIATION
OF FUNDS||||||| |Total funds brought forward|||392,804||392,804|346,587| |TOTAL FUNDS CARRIED FORWARD|||409,676||409.676|392,804| ## |||||2021|2020| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total funds|Total funds| |||funds|funds||| ||Notes|F|||| |FIXEDASSETS|||||| |Tangible assets|14|1,943||1,943|3,039| |CURRENT ASSETS|||||| |Debtors
Cash at bank and in hand|15|86,556
339,263|20,048|86,556
359,311|137,789
306,903| |||425,819|20,048|445,867|444,692| |CREDITORS|||||| |Amounts
falling due within one year|16|(13,488)|(20,048)|(33,536)|(54,927)| |NET CURRENT ASSETS||412,331||412,331|389,765| |TOTAL ASSETS LESSCURRENT LIABILITIES||414,274||414,274|392,804| |PROVISIONS FOR LIABILITIES|18|(4,598)||(4,598)|| |NET ASSETS||409,676||409,676|392,804| |FUNDS|19||||| |Unrestricted
funds||||409,676|392,804| |Restricted
funds|||||| |TOTAL FUNDS||||409,676|392,804| ## ## ## ## ## ## ## ## ## ## ## ## ||||||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Activity|||||F|F| |Membership
income||||||Membership|||||101,700|100,175| |Grants||||||Research,||policy and practice|||246,862|229,276| |Grants||||||Training|and events||||29,902|66,848| |Events income||||||Training|and events||||10,817|63,040| |Communications|and marketing|||||Training|and events||||124|25| ||||||||||||359,405|459,364| |Grants received,|included
in||the above,|||are as follows:||||||| ||||||||||||2021|2020| ||||||||||||F|F| |Welsh Government||Homelessness|||Prevention
Grant:|||Core funding||and||| |Housing
First|||||||||||184,333|136,800| |Welsh Government||Homelessness|||Prevention
Grant:|||PATH Training|||28,060|42,224| |Other Welsh Government
Grants|||||||||||3,721|4,903| |Oak Foundation:|Evidencing||the impact|||ofsupporting||people|in Wales||20,733|43,499| |Welsh Government
- Housing
CIC 4 C.I.C - Homeless
World
St Martin
in the Field Frontline||||First
Cup Legacy
Network|||||||19,965
19,952|42,858
25,840| ||||||||||||276764.|296,124| ## ## |||Direct costs|Support costs|Totals| |---|---|---|---|---| |||(See note 8)
f|(See note 9)|F| |Membership
Research,|policy and practice|72,012
203,521|16,229
39,950|88,241
243,471| |Training
and events||52,088|6,246|58,334| |||327,621|62,425|390,046| ## ## ||||||2021|2020| |---|---|---|---|---|---|---| |Staff costs|||||234,180|216,135| |Events and training|programme||||1,606|25,110| |Research,
policy and practice|||||5,783|11,662| |Communications
and marketing|||||7,447|11,079| |Other staff related costs|||||1,718|1,541| |Rent|||||19,913|17,605| |Rates and water|||||1,782|1,777| |Light and heat|||||1,632|2,848| |Repairs and renewals||||||549| |Computer expenses|||||3,128|4,526| |Equipment
costs||||||73| |Telephone costs|||||1,824|1,940| |Printing,
postage and stationery|||||349|2,144| |Insurance|||||1,572|1,202| |Staff recruitment
costs|||||1,119|971| |WG PATH Project Costs|||||22,805|35,781| |Oak Foundation
Project Costs|||||18,142|26,993| |Bad debts||||||(139)| |Housing
First project|costs||||2,183|8,864| |Substance
Misuse Network project||costs||||23| |Homeless
World Cup Legacy Project Costs|||||272|1,305| |Subscriptions
and memberships|||||200|411| |Membership
costs|||||48|14| |Depreciation|||||1,918|1,450| ||||||327,621|373,864| |SUPPORT COSTS||||||| ||||||Governance|| |||Staff costs
f|Depreciation
F|Other costs
f|costs
f|Totals| |Membership||9,417|125|2,830|3,857|16,229| |Research,
policy and||||||| |practice||23,181|307|6,967|9,495|39,950| |Training
and events||3,622|47|1,093|1 484|6,246| |||36,220|479|10,890|14,836|62,425| |NET INCOME/(EXPENDITURE)||||||| |Net income/(expenditure)
is stated||after charging/(crediting):||||| ||||||2021|2020| ||||||F|| |Auditors'
remuneration|||||4,000|4,000| |Depreciation
-owned|assets||||2,397|1,812| |Deficit on disposal offixed asset|||||192|| |Operating
leases: lease payments||recognised as|an expense||22,799|19,560| |Auditors'
remuneration|-other financial services||||600|870| ## ## ## |STAFF CO|STS||||| |---|---|---|---|---|---| |||||2021|2020| |Wages and|salaries|||246,378|228,946| |Social security costs||||19,597|18,311| |Other pension costs||||15,261|13,724| |||||281,236|260,681| |The average|monthly|number ofemployees|during the year was as follows:||| |||||2021|2020| |||||9|9| ## ## |||Unrestricted|Restricted|Total funds| |---|---|---|---|---| |||funds|funds|| |||F||F| |INCOME AND ENDOWMENTS|FROM|||| |Donations
and legacies||500||500| |Charitable
activities||||| |Membership||100,175||100,175| |Research, policy and practice||159,925|69,351|229,276| |Training and events||129,913||129,913| |Other trading activities||1,345||1,345| |Investment
income||3,191||3,191| |Other income||15,764||15,764| |Total||410,813|69,351|480,164| |EXPENDITURE ON||||| |Charitable
activities||||| |Membership||76,981||76,981| |Research,
policy and practice||167,496|69,351|236,847| |Training
and events||120,119||120,119| |Total||364,596|69,351|433,947| |NET INCOME||46,217||46,217| |13.|COMPARATIVES|FOR|THE STATEMENT OF FINANCIAL|ACTIVITIES -continued|ACTIVITIES -continued|| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total funds| |||||funds|funds|| |||||||f| ||RECONCILIATION|OF|FUNDS|||| ||Total funds brought forward|||346,587||346,587| ||TOTAL FUNDS CARRIED FORWARD|||392,804||392,804| |14.|TANGIBLE FIXED|ASSETS||||| |||||Plant and|Fixtures and|| |||||machinery|fittings|Totals| |||||||E| ||COST|||||| ||At 1 April 2020|||14,605|2,607|17,212| ||Additions|||1,493||1,493| ||Disposals|||~13,386)|~1,841)|i15,227)| ||At 31 March 2021|||2,712|766|3,478| ||DEPRECIATION|||||| ||At 1 April 2020|||11,981|2,192|14,173| ||Charge for year|||2,254|143|2,397| ||Eliminated
on disposal|||~13,386)|~1,649)|i15.035)| ||At 31 March 2021|||849|686|1,535| ||NET BOOK VALUE|||||| ||At 31 March 2021|||1,863|80|1,943| ||At 31 March 2020|||2,624|415|3,039| |15.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||| ||||||2021|2020| ||||||F|f| ||Trade debtors||||3,958|9,825| ||Prepayments
and accrued income||||82,598|127,964| ||||||66,556|137,789| ## ## ## ## ||||||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||F|| |Trade creditors|||||||||||6,374|23,843| |VAT|||||||||||10|2,637| |Other creditors|||||||||||839|2,834| |Accruals|and deferred||income||||||||26,313|25,613| ||||||||||||33.538|54,927| |Included|within accruals|||and deferred||income above is the||following|deferred|income:||| ||||||||||||2021|2020| |||||||||||||F| |Deferred|income brought|||forward|||||||19,740|19,100| |Released||to SOFA|||||||||(19,740)|(5,000)| |Additional||income deferred|||in the year||||||20,048|5,640| ||||||||||||20,048|19,740| |The deferred income relates to income||||||received|in advance|ofproject delivery.||||| |LEASING||AGREEMENTS||||||||||| |Minimum|lease payments||||under non-cancellable||operating|leases fall due as follows:||||| ||||||||||||2021|2020| ||||||||||||F|| |Within one||year|||||||||5,775|| |PROVISIONS FOR LIABILITIES||||||||||||| ||||||||||||2021|2020| |||||||||||||F| |Dilapidation||provision|||||||||4,598|| |||||||||||||Dilapidations| |||||||||||||provision| |Balance at||1 April 2020||||||||||| |Additions||||||||||||4,598| |Balance at||31 March 2020||||||||||4,588| ## |||||||Net movement|Transfers|| |---|---|---|---|---|---|---|---|---| ||||||At 1/4/20|in funds|between
funds|At 31/3/21| |||||||P||F| |Unrestricted
funds||||||||| |General fund|||||369,404|16,872|23,400|409,676| |Designated
fund|- Research||Officer||23,400||~23,400)|| ||||||392,804|16,872||409,676| |TOTAL FUNDS|||||392,804|16,872||409,676| |Net movement
in|funds,|included||in the above are as|follows:|||| |||||||Incoming|Resources|Movement
in| |||||||resources|expended|funds| |||||||F|F|| |Unrestricted
funds||||||||| |General fund||||||346,268|(329,396)|16,872| |Restricted funds||||||||| |Oak Foundation|- Evidencing||the|impact ofsupporting|people|||| |in Wales
Homeless
World Cup Legacy
St Martin
in the Field Frontline|||Network|||20,733
19,965
19.952|(20,733)
(19,965)
~19,952)|| |||||||60,650|(60,650)|| |TOTAL FUNDS||||||406,918|~390,046)|16,872| |Comparatives
for movement|||in|funds||||| |||||||Net movement|Transfers|| ||||||At 1/4/19|in funds|between
funds|At 31/3/20| |Unrestricted
Funds||||||||| |General fund|||||306,587|46,217|16,600|369,404| |Designated
fund|- Research project||||40,000||(40,000)|| |Designated
fund|- Research Officer||||||23,400|23,400| ||||||346,587|46,217||392,804| |TOTAL FUNDS|||||346.587|46,217|-|392804| ## |Comparative
net|movement
i|n funds,
included
in the a|bove are a|s follows:|||| |---|---|---|---|---|---|---|---| |||||Incoming|Resources|Movement|in| |||||resources|expended|funds|| |Unrestricted
funds|||||||| |General fund||||410,813|(364,596)|46,217|| |Restricted funds|||||||| |Oak Foundation|- Evidencing|the impact ofsupporting|people||||| |in Wales||||43,499|(43,499)||| |Homeless
World|Cup Legacy|||25,852|~25,852)||| |||||69,351|(69,351)||| |TOTAL FUNDS||||480,184|~433,947)|46,217|| ## ## ## ## ## ##