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2022-03-31-accounts

Page
Report ofthe Trustees to 10
Report ofthe Independent
Auditors		 11 to 13
Statement ofFinancial Activities 14
Balance Sheet 15
Notes to the Financial Statements 16 to 24
Detailed Statement of Financial Activities 25 to 26

OBJECTiVES AND ACTIVITIES
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,
disabilities,
rough
sleeping
and Housing
First. We have visited
and supported
our members
in north
Wales.		 learning
and west
Sustain: We have worked
hard to maintain
the confidence
and support
of our members,
by delivering
quality service that provides
value for money.		 a high-
Experts by Experience
Influence:
We have supported
people to have a voice
in our events,
policy and campaigns
work, so
experiences
help to shape policy, legislation
and practice.		 that their
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
collaborations
with the housing sector.		 promote
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 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.
A strong, effective Board and staff team:
We have recruited
high quality people who demonstrate
their commitment
to our values.
We have ensured
our Board operates
in the spirit of openness
and transparency,
providing
good support
and
challenge
to the staff team.
We have supported
people with their mental
health
and wellbeing
and create a positive work environment		 where
people can develop and flourish.
We have promoted
equality
and diversity
at work and in all we do.

2022 2021
Unrestricted Restricted Total Total
Notes funds funds
f		 funds
f		 fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 1,622 1,622 245
Charitable
activities
Membership
Research,
policy and
Training
and events		 practice 105,865
185,354
11,255		 68,637 105,865
253,991
11,255		 101,700
246,862
40,843
investment
income
Other income		 1,776 1,776 2,262
15,006
Total 305,872 68,637 374,509 406,918
EXPENDITURE ON
Charitable
activities
Membership
Research,
policy and
Training
and events		 practice 91,377
171,349
11,255		 57,355 91,377
228,704
11,255		 88,241
243,471
58,334
Total 273,981 57,355 331336 390046
NET INCOME 31,89'i 11,282 43,173 16,872
RECONCILIATION
OF FUNDS
Total funds brought forward 409,676 409,676 392,804
TOTAL FUNDS CARRIED FORWARD 441,567 11,282 452,849 409,676

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes
FIXEDASSETS
Tangible assets 13 1,158 1,158 1,943
CURRENT ASSETS
Debtors
Cash at bank and in hand		 14 66,072
395,740		 39,085 66,072
434,825		 86,556
355311
461,812 39,085 500,897 445,867
CREDITORS
Amounts
falling due within one year		 15 (21,403) (27,803) (49,206) (33,536)
NET CURRENT ASSETS 440,409 11,282 451,691 412,331
TOTAL ASSETS LESSCURRENT LIABILITIES 441,567 11,282 452,849 414,274
PROVISIONS FOR LIABILITIES 17 (4,598)
NET ASSETS 441.557 11,252 452,849 409,676
FUNDS 18
Unrestricted
funds
Restricted funds		 441,567
11,282		 409,676
TOTAL FUNDS 452,849 409.676

DONATIONS
AND LE		 ACI ES
2022 2021
F
Donations ~1622 245
INVESTMENT INCOME
2022 2021
Bank interest 1,776 2,262
INCOME FROM CHARITABLE ACTIVITIES
2022 2021
Activity 'Z
Membership
income		 Membership 105,865 101,700
Grants Research, policy and practice 253,991 246,862
Grants Training and events 1,847 29,902
Events income Training and events 9,358 10,817
Communications
and
marketing Training and events 50 124
371,111 388,405
Grants received,
included		 in the above, are as follows:
2022 2021
Welsh Government
Homelessness
Prevention		 Grant: Core funding 182,393 184,333
Welsh Government
Homelessness
Prevention		 Grant: PATH Training 28,060
Other Welsh Government
Grants
Oak Foundation:
Evidencing
the impact ofsupporting
CIC 4 C.I.C - Homeless
World Cup Legacy
St Martin
in the Field Frontline
Network
Oak Foundation
Experts by Experience		 people in Wales 4,808
42,059
26,578		 3,721
20,733
19,965
19,952
255,838 278.784

Direct Direct Support
Costs (see costs (see
note 7) note 8) Totals
Membership
Research,
policy		 and practice 75,843
192,281		 15,534
36,423		 91,377
228,704
Training
and events		 9,647 1,608 11,255
27?,771 53,565 331 336
DIRECT COSTS OF CHARITABLE ACTIVITIES
2022 2021f
Staff costs 224,838 234,180
Events and training
programme
Research, policy and practice		 1,802
9,986		 1,606
5,783
Communications
and marketing
Other staff related costs		 17,746
2,649		 7,447
1,718
Rent 7,871 19,913
Rates and water 200 1,782
Light and heat 121 1,632
Computer expenses 2,845 3,128
Telephone costs 1,155 1,824
Printing,
postage		 and stationery 216 349
Insurance
Staff recruitment		 costs 1,369
1,828		 1,572
1,119
WG PATH Project Costs 22,805
Oak Foundation Project Costs 2,744 18,142
Housing
First project costs
Homeless
World Cup Legacy Project Costs		 2,183
272
Frontline
Network		 1,713
Subscriptions
and memberships		 61 200
Membership
costs		 48
Depreciation 627 1,918
277,771 327,62'I
SUPPORT COSTS
Staff Other Governance
costs Depreciation costs
f		 costs
f		 Totals
f
Membership 9,295 45 1,931 4,263 15,534
Research,
policy		 and
practice 21,794 107 4,527 9,995 36,423
Training
and events		 962 5 200 441 1,608
32,051 157 6,658 14,699 53,565

2022 2021
F F
Auditors'
remuneration
Depreciation
-owned assets
Deficit on disposal offixed assets		 4,400
785		 4,000
2,397
192
Operating
leases: lease payments
recognised as
Auditors'
remuneration
-other financial services		 an expense 8,663
600		 21,811
600
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees'
remuneration
31 March 2021.		 or other benefits for the year ended 31 March 2022 or for the year ende
Trustees' expenses
There were no trustees' expenses
2021.		 reimbursed for the year ended 31 March 2022 or for the year ended 31 Marc
STAFF COSTS
2022 2021
Wages and salaries
Social security costs
Other pension costs		 239,624
15,088
12,476		 246,378
19,597
15,261
287,188 281,236
The average
monthly
number ofemployees		 during the year was as follows:
2022 2021
8 9
No employees
received emoluments		 in excess ofF60,000.
The total key management
personnel		 remuneration benefits during the year was f69,234 (2021 - F67,752).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds
f		 funds
E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 245 245
Charitable
activities
Membership
Research,
policy and practice		 101,700
186,212		 60,650 101,700
246,862
Training
and events		 40,843 40,843
Investment
income
Other income		 2,262
15,006		 2,262
15,006
Total 346,268 60,650 406,918

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted Restricted Total
funds funds funds
EXPENDiTURE ON
f f f
Charitable
activities
Provision ofadvice and support
Membership
Research, policy and practice		 88,241
182,821		 60,650 88,241
243,471
Training
and events		 58,334 58,334
Total 329,396 60,650 390,046
NET INCOME 16,872 16,872
RECONCILIATION OF FUNDS
Total funds brought forward 392,804 392,804
TOTAL FUNDS CARRIED FORWARD 409,676 409,676
13. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings
f		 Totals
f
COST
At 1 April 2021 2,712 766 3,478
Disposals ~600) ~600)
At 31 March 2022 2 112 766 2,878
DEPRECIATION
At 1 April 2021 849 686 1,535
Charge for year 705 80 785
Eliminated
on disposal		 ~600) ~600)
At 31 March 2022 766 1,720
NET BOOK VALUE
At 31 March 2022 1,158 1,158
At 31 March 2021 1,863 80 1,943
14. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
f		 2021
f
Trade debtors 1,202 3,958
Prepayments
and accrued income		 64,870 82,598
66,072 86,556

CREDITORS: AMOUNTS CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
F
Trade creditors 6,254 6,374
Social security and other taxes 5,623
VAT 685 10
Other creditors 907 839
Accruals and deferred income 35,737 26,313
49,206 33536
2022 2021
Deferred income brought forward 20,048 19,740
Released to SOFA (20,048) (19,740)
Additional income deferred in the year 27,803 20 048
27,803 20,048

Minimu m
l		 ease payments
under non-cancellable
op		 erating leases fall due as follows:
2022 2021
F F
Within one year 11,550 5 775

2022 2021
Dilapidation
provision		 4,598
Dilapidations
provision
Balance
Released		 at 1 April 2021
in year		 4,598
~4.598)
Balance at 31 March 2022

Net
movement At
At 1/4/21 in funds 31/3/22
f f F
Unrestricted funds
General
fund		 409,676 31,891 441,567
Restricted funds
St Martin
in the		 Field Frontline Network 7,728 7,728
Oak Foundation Experts by Experience 3,554 3,554
11,282 11,282
TOTAL FUNDS 409,676 43,173 452,849
Net movement in funds, induded in the above are as follows:
Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted funds
General
fund		 305,872 (273,981) 31,891
Restricted funds
St Martin
in the		 Field Frontline Network 42,059 (34,331) 7,728
Oak Foundation Experts by Experience 26578 ~23.624) 3,554
68637 ~57.355 11,282
TOTAL FUNDS 374,509 ~331.336) 43,173
Comparatives for movement in funds
Net Transfers
movement between At
At 1/4/20
f		 in funds funds 31/3/21
f
Unrestricted funds
General
fund		 369,404 16,872 23,400 409,676
Designated
fund - Research Officer		 23,400 ~23.4DD)
392,804 16,872 409,676
TOTAL FUNDS 392,804 16,872 409,676