2021-03-31-accounts - Newport Cab

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								2021	2020
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
					Notes	E	E	E	E
INCOME AND ENDOWMENTS				FROM
Donations	and legacies					129,158		129,158	156,129
Charitable	activities
Generalist	Advice						575,340	575,340	445,776
Specialist	Advice					190,000	446,488	636,488	451,506
Other trading activities									6,720
Investment	income					599		599	601
Total						319,757	1,021,828	1,341,585	1,060,732
EXPENDITURE ON
Charitable	activities
Generalist	Advice					43,560	530,136	573,696	509,622
Specialist	Advice					248,466	443,275	691,741	513,806
Total						292,026	973,411	1,265,437	1,023,428
NET INCOME						27,731	48,417	76,148	37,304
Transfers	between	funds			18	11,862	~11,862)
Net movement in funds						39,593	36,555	76,148	37,304
RECONCILIATION		OF FUNDS
Total funds brought			forward			437,650	5,524	443,174	405,870
TOTAL FUNDS CARRIED FORWARD						477,243	42,079	519,322	443,174

				2021	2020
		Unrestricted	Resti.icted	Total	Total
FIXEDASSETS	Notes	funds	funds F	funds f	funds E
Tangible assets	14	45,259		45,259	53,371
CURRENT ASSETS
Debtors Cash at bank	15	47,987 454,296	268,842 ~96,861)	316,829 357,435	24,448 452,148
		502,283	171,981	674,264	476,596
CREDITORS
Amounts falling due within one year	16	(70,299)	(129,902)	(200,201)	(86,793)
NET CURRENT ASSETS		431,984	42,079	474,063	389,803
TOTAL ASSETS LESSCURRENT	LIABILITIES	477,243	42,079	519,322	443,174
NET ASSETS		477,243	42,079	519,322	443,174
FUNDS	18
Unrestricted funds Restricted funds				477,243 ~42 079	437,650 5,524
TOTAL FUNDS				519,322	~443 174

			Notes	2021f	2020 E
Cash flows from operating		activities
Cash generated from operations			1	~83,421)	142,968
Net cash (used in)/provided		by operating	activities	~83,421)	142,968
Cash flows from investing		activities
Purchase oftangible fixed assets Interest received				(11,891) 599	(14,235) 601
Net cash used in investing	activities			~11,292)	~13,634)
Change in cash and cash		equivalents	in
the reporting period Cash and cash equivalents		at the		(94,713)	129,334
beginning ofthe reporting		period		452,148	322,814
Cash and cash equivalents		at the end	of
the reporting period				357,435	452,148

			2021	2020
				6
Net income for the	reporting	period (as per the Statement ofFinancial
Activities) Adjustments for:			76,148	37,304
Depreciation charges Loss on disposal offixed assets			19,972 31	17,720 65
Interest received (Increase)/decrease Increase in creditors	in debtors		(599) (292,381) 113,408	(601) 67,761 ~20 719
Net cash (used in)/provided		by operations	~83,421)	142,968

Net cash	At 1/4/20 8	Cash flow f	At 31/3/21 8
Cash at bank	452,148	94,713	357,435
	452,148	94,713	357,435
Total	452,148	94,713	357,435

DONATIO	NS	AND LEG	ACIES
				2021f	2020 8
Donations					20
Grants				125,700	142,700
Other sundry		income		3,458	13,409
				129,158	156,129
Grants received, included			in the above, are as follows:
				2021	2020
				9
Newport	City	Council - core grant		125,700	125,700
Newport	City	Council - rent grant			13,500
Other grants					3,500
				125,700	142,700
OTHER TRADING ACTIVITIES
				2021 F	2020f
Shelter Cymru		- service charge			3,120
Torfaen Citizens Advice			Bureau - service charge		3,600
					6,720

INVESTMENT INCOME	INVESTMENT INCOME
					2021 6	2020f
Bank interest receivable					599	601
INCOME FROM CHARITABLE ACTIVITIES
					2021	2020
					6	6
Generalist Advice
Grants					475,340	341,220
Newport City Council - Information advice and
assistance					100,000	104,556
Specialist Advice
Grants					446,488	373,533
Money Advice Service funded Debt Advice
project in partnership	with Citizens Advice					77,973
Aneurin Bevan University Health Board Project					190,000
					1,211,828	897,282
Grants received, included in the above, are as		follows:
					2021f	2020
Welsh Government	- Better Advice Better Lives					60,588
Newport City Council - funder scheme from Welsh			Government		38,674	38,696
Welsh Government	-Communities First					86,955
Welsh Government	-Front Line Advice Services: Specialist			Discrimination
Advice						144,750
Welsh Government	-Front Line Advice Services: Debt advice					54,281
British Gas Energy Trust					19,869	19,707
Citizens Advice - Help to Claim					76,434	71,923
Welsh Government	- EU Citizens Rights Project (Generalist			Fund)	46,511	64,911
Welsh Government	-Advice Link Cymru (Generalist		Fund)		171,878	37,136
Welsh Government	-Advice Link Cymru (Specialist		Fund)		163,924	40,301
Welsh Government	-Advice Link Cymru (Other	Regions Fund)			78,752	18,451
Welsh Government	-Advice Link Cymru (Remote Fund)				83,333	24,934
Welsh Government	- EU Citizens Rights Project (Specialist			Fund)	47,475	52,'I20
Wales COVID Resilience Fund					15,000
BEISRemote Working Equipment Fund					2,839
Welsh Government	-Income Maximisation				89,976
Welsh Government	-Advice Link Employment	Capacity Business Partners			29,983
Welsh Government	-Advice Link Employment	Capacity Business Taskforce			34,330
Welsh Government	- Advice Link Remote Working				19,750
Welsh Government	- Advice Link Surge Funding				3,100
					921,828	714,753

				Direct	Support
				Costs (see	costs (see
Generalist Advice Specialist Advice				note 8) f 513,928 632,092	note 9) 6 59,768 59,649	Totals 573,696 691,741
				1,146,020	119,417	1,265,437
DIRECT COSTSOF CHARITABLE ACTIVITIES
Staff costs Rent, rates and water Insurance Repairs and maintenance Premises - Outreach room hire Other staff and volunteer costs Telephone Piinting, postage, stationery and general office Sundry expenses Disbursements Training and conferences ITand computer expenses Subscriptions Publicity and promotion REACH: Partnership costs Legal and professional fees Partnership funding					2021f 828,826 37,064 4,083 4,895 750 3,158 24,190 20,992 601 1,827 676 18,015 7,177 11 193,755	2020f 751,038 35,764 3,939 4,073 3,103 13,663 12,444 21,128 581 124 2,?81 18,338 5,708 27 8,001 690
					1,146,020	~881402
SUPPORT COSTS
		Staff	Other		Governance
Generalist Advice Specialist Advice		costs f 34,437 34,368	costs 6 5,536 5,524	Depreciation f 10,011 9,992	costs f 9,784 9,765	Totals f 59,768 59,649
		68,805	11,060	20,003	19,549	119,417
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is	stated	alter charging/(crediting):
					2021	2020
Auditors' remuneration Auditors' remuneration for non-audit Depreciation - owned assets Deficit on disposal offixed assets Pension contributions Lease payments recognised as an		work expense			4,560 1,909 19,972 31 56,439 57,632	6 4,595 1,831 17,720 65 53,302 48,230

			2021	2020
Wages and salaries Social security costs Other pension costs			793,265 60,647 56,439	6 747,453 53,025 53,302
			910,351	853,780
No employees received emoluments	in excess	of660,000.
The average number offull-time and	part-time	staff were as follows:
Average number of full time staff Average number ofpart time staff			2021 18 18	2020 18 17
Equivalent number offull time staff			29	29
The total key management personnel	remuneration		benefits during the year was 8191,354 (2020	-8192,293).

COMPAR	ATIVES FOR THE S	TATEMENT OF FINAN	CIAL ACTIVITIES
			Unrestricted	Restricted	Total
INCOME	AND ENDOWMENTS	FROM	funds 5	funds 6	fundsf
Donations	and legacies		156,129		156,129
Charitable	activities
Generalist Specialist	Advice Advice			445,776 451,506	445,776 451,506
Other trading activities Investment income			6,720 601		6,720 601
Total			163,450	897,282	1,060,732
EXPENDITURE ON
Charitable	activities
Generalist Specialist	Advice Advice		69,896 71,933	439,726 441,873	509,622 513,806
Total			141,829	881,599	1,023,428
NET INCOME			21,621	15,683	37,304
Transfers	between funds
Net movement in funds			42,533	(5,229)	37,304

13.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL	ACTIVITIES -continued	ACTIVITIES -continued
			Unrestricted	Restricted	Total
			funds f	funds 6	funds 6
	RECONCILIATION	OF FUNDS
	Total funds brought forward		395,117	10,753	405,870
	TOTAL FUNDS CARRIED FORWARD		437,650	5524	443,174
14.	TANGIBLE FIXED	ASSETS
			Fixtures
	COST		&Fittings 6	Equipment f	Totals 8
	At 1 Apdl 2020 Additions Disposals		27,924 1,401	67,820 10,490 ~300)	95,744 11,891 ~300)
	At 31 March 2021		29,325	78,010	107,335
	DEPRECIATION
	At 1 April 2020 Charge for year Eliminated on disposal		10,863 5,769	31,510 14,203 ~269)	42,373 19,972 ~269)
	At 31 March 2021		16,632	45,444	62,076
	NET BOOK VALUE
	At 31 March 2021		12,693	32,566	45,259
	At 31 March 2020		17,061	36,310	53,371
15.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
	Trade debtors Prepayments and accrued income			38,000 278,829	6 24,448
				316,829	24,448

CREDITORS: AMOUN	YEAR
	2021	2020
Trade creditors Social security and other taxes VAT Other creditors Grant funding payment Accruals and deferred income	108,910 17,633 9,195 7,211 57,252	6 30,325 8,261 20,921 27,286
	200,201	86,793

Minimum lease payments under non-cancefiable operatin	g leases fall due as follows:
	2021	2020
Within one year Between one and five years In more than five years	6 44,640 158,113 182,813	6 46,268 162,464 220,313
	385,566	429,045

MOVEMENT IN FUNDS
		Net	Transfers
		movement	between	At
Unrestricted funds	At 1/4/20 6	in funds 6	funds f	31/3/21 6
General fund Designated fund - redundancy costs	347,650 90,000	27,731	11,862	387,243 90,000
Restricted funds	437,650	27,731	11,862	477,243
Newport City Council - Information, advice
and assistance Welsh Government -Advice Link Cymru		2,563	(2,563)
(Generalist Fund) Welsh Government -Advice Link Cymru		20,910		20,910
(Remote Fund) Wales COVID Resilience Fund BEISRemote Working Equipment Fund Welsh Government -Advice Link	5,524	11,578 2,024	(3,500) (2,024)	5,524 8,078
Employment Capacity Business Partners Welsh Government -Advice Link		7,567		7,567
Employment Capacity Business Taskforce Welsh Government -Advice Link Remote		1,557	(1,557)
Working Welsh Government -Advice Link Surge Funding		2,184 34	(2,184) ~34)
	~5524	48,417	~tt,862	42,079
TOTAL FUNDS	443,174	76,148		519,322

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds	6		6
General fund	319,757	(292,026)	27,731
Restricted funds
Families First Newport City Council - information, advice	38,674	(38,674)
and assistance British Gas Energy Trust Help to Claim EU Citizens Rights Project -Generalist Welsh Government -Advice Link Cymru	100,000 19,869 76,434 46,511	(97,437) (19,869) (76,434) (46,511)	2,563
(Generalist Fund) Welsh Government -Advice Link Cymru	171,878	(150,968)	20,910
(Specialist Fund) Welsh Government -Advice Link Cymru	163,924	(163,924)
(Other Regions Fund) Welsh Government -Advice Link Cymru (Remote Fund) EU Citizens Rights Project -Specialist Wales COVID Resilience Fund BEISRemote Working Equipment Fund Welsh Government -Income Maximisation Welsh Government -Advice Link	78,752 83,333 47,475 15,000 2,839 89,976	(78,752) (83,333) (47,475) (3,422) (815) (89,976)	11,578 2,024
Employment Capacity Business Partners Welsh Government -Advice Link	29,983	(22,416)	7,567
Employment Capacity Business Taskforce Welsh Government -Advice Link Remote Working Welsh Government -Advice Link Surge Funding	34,330 19,750 3,100	(32,773) (17,566) ~3,066)	1,557 2,184
	1,021,828	~973,411)	48,417
TOTAL FUNDS	1,341,585	~1,265,437)	76,148

		Net	Transfers
		movement	between	At
	At 1/4/19	in funds	funds	31/3/20
Unrestricted funds			6
General fund Designated fund - organisational	305,117	21,621	20,912	347,650
restructure cost Designated fund - redundancy costs	5,000 85,000		(5,000) 5,000	90,000
Restricted funds	395,117	21,621	20,912	437,650
Better Advice Better Lives Communities First Frontline Advice Services -Discrimination		(58) (38)	58 38
advice Frontline Advice Services -Debt advice Money Advice Service funded 'Debt Advice	4,687	(16) (50)	(4,671) 50
project' Newport support partnership agreement-		(332)	332
Information, advice and assistance British Gas Energy Trust Help to Claim EU Citizens Rights Project -Generalist Welsh Government -Advice Link Cymru (Generalist Fund) Welsh Government -Advice Link Cymru (Specialist Fund) Welsh Government -Advice Link Cyrnru (Other Regions Fund) Welsh Government -Advice Link Cymru (Remote Fund)	6,066	(59) 2 (21) 6,254 (30) (9) (50) 10,090	(6,007) (2) 21 (6,254) 30 50 ~4,566)	5,524
	10,753	15,683	~20,912	5,524
TOTAL FUNDS	405,870	37,304		443,174

MOVEMENT IN FUNDS ~continued
Comparative net movement in funds, included	in the above are as follows:
	Incoming	Resources	Movement
Unrestricted funds	resources f	expended	in funds 6
General fund	163,450	(141,829)	21,621
Restricted funds
Better Advice Better Lives Families First Communities First Frontline Advice Services -Discrimination	60,588 38,696 86,955	(60,646) (38,696) (86,993)	(58) (38)
advice Frontline Advice Services -Debt advice Money Advice Service funded 'Debt Advice	144,750 54,281	(144,766) (54,331)	(16) (50)
project' Newport support partnership agreement-	77,973	(78,305)	(332)
Information, advice and assistance British Gas Energy Trust Help to Claim EU Citizens Rights Project -Generalist Welsh Government -Advice Link Cymru	104,556 19,707 71,923 64,911	(104,615) (19,707) (71,944) (58,657)	(59) 2 (21) 6,254
(Generalist Fund) Welsh Government -Advice Link Cymru	37,136	(37,166)	(30)
(Specialist Fund) Welsh Government -Advice Link Cymru	40,301	(40,310)	(9)
(Other Regions Fund) Welsh Government -Advice Link Cymru	18,451	(18,501)	(50)
(Remote Fund) EU Citizens Rights Project -Specialist	24,934 52,120	(14,844) (52,120)	10,090
	897,282	~881,599)	15,683
TOTAL FUNDS	'l,060 732	~1,023,428)	37,304

		2021	2020
		8
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants			20
Other sundry income		125,700 3,458	142,700 13,409
		129,158	156,129
Other trading activities
Shelter Cymru -service charge Torfaen Citizens Advice Bureau	-service charge		3,120 3,600
			6,720
Investment income
Bank interest receivable		599	601
Charitable activities
Grants
Money Advice Service funded Debt Advice		921,828	714,753
project in partnership with Citizens Advice Newport City Council - Information advice and			77,973
assistance
Aneurin Bevan		100,000	104,556
		190,000
		1,211,828	897,282
Total incoming resources		1,341,585	1,060,732
EXPENDITURE
Charitable activities
Wages Social security Pensions		722,278 55,189	657,572 46,379
Rent, rates and water Insurance		51,359 37,064	47,087 35,764
Repairs and maintenance Premises - Outreach room hire Other staff and volunteer costs Telephone Printing, postage, stationery and Sundry expenses Disbursements	general oflice	4,083 4,895 750 3,158 24,190 20,992 601	3,939 4,073 3,103 13,663 12,444 21,128 581
Training and conferences IT and computer expenses Subscriptions Publicity and promotion REACH: Partnership costs Legal and professional fees Partnership funding		1,827 676 18,015 7,177 11 193,755	124 2,781 18,338 5,708 27 8,001 690
		1,146,020	881,402

Supportcosts			2021f	2020f
Staff costs
Wages Social security Pensions			60,335 4,238	79,049 5,389
			4,232	5,390
			68,805	89,828
Other costs
Rent, rates and water Insurance			3,646	4,892
Staff training Repairs and maintenance Telephone Printing, postage, stationery IT and computer expenses Legal and professional fees Sundry expenses	and general office		402 67 482 2,379 2,065 1,772 188 59	539 381 557 1,802 2,890 2,509 730 79
			11,060	14,379
Depreciation
Fixtures 8 fittings depreciation Equipment depreciation Loss on sale oftangible fixed	assets		5,769 14,203 31	5,091 12,629 65
			20,003	17,785
Governance costs
Wages Social security Pensions			10,652 1,220	10,832 1,257
Auditors' remuneration Auditors' remuneration for non-audit Other governance costs		work	848 4,560 1,909 360	825 4,595 1,831 694
			19,549	20034
Total resources expended			1,265437	1,023,428
Net income			76 148	37304