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