## 

## 



## 

## 



## 




## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

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## 

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## 




## 

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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<br>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<br>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<br>F|funds<br>f|funds<br>E|
|Tangible assets|14|45,259||45,259|53,371|
|CURRENT ASSETS||||||
|Debtors<br>Cash at bank|15|47,987<br>454,296|268,842<br>~96,861)|316,829<br>357,435|24,448<br>452,148|
|||502,283|171,981|674,264|476,596|
|CREDITORS||||||
|Amounts<br>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<br>funds<br>Restricted funds||||477,243<br>~42 079|437,650<br>5,524|
|TOTAL FUNDS||||519,322|~443 174|






## 

## 

||||Notes|2021f|2020<br>E|
|---|---|---|---|---|---|
|Cash flows from operating||activities||||
|Cash generated<br>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<br>fixed assets<br>Interest received||||(11,891)<br>599|(14,235)<br>601|
|Net cash used in investing|activities|||~11,292)|~13,634)|
|Change<br>in cash and cash||equivalents|in|||
|the reporting<br>period<br>Cash and cash equivalents||at the||(94,713)|129,334|
|beginning<br>ofthe reporting||period||452,148|322,814|
|Cash and cash equivalents||at the end|of|||
|the reporting<br>period||||357,435|452,148|





## 

## 

## 

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



## 

|Net cash|At 1/4/20<br>8|Cash flow<br>f|At 31/3/21<br>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<br>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<br>F|2020f|
|Shelter Cymru||- service charge|||3,120|
|Torfaen Citizens Advice|||Bureau - service charge||3,600|
||||||6,720|





## 

|5.|INVESTMENT INCOME|INVESTMENT INCOME||||||
|---|---|---|---|---|---|---|---|
|||||||2021<br>6|2020f|
||Bank interest receivable|||||599|601|
||INCOME FROM CHARITABLE ACTIVITIES|||||||
|||||||2021|2020|
|||||||6|6|
||Generalist Advice|||||||
||Grants|||||475,340|341,220|
||Newport<br>City Council - Information<br>advice and|||||||
||assistance|||||100,000|104,556|
||Specialist Advice|||||||
||Grants|||||446,488|373,533|
||Money Advice Service funded<br>Debt Advice|||||||
||project in partnership|with Citizens Advice|||||77,973|
||Aneurin<br>Bevan University<br>Health Board Project|||||190,000||
|||||||1,211,828|897,282|
||Grants received,<br>included<br>in the above, are as||follows:|||||
|||||||2021f|2020|
||Welsh Government|- Better Advice Better Lives|||||60,588|
||Newport<br>City Council - funder scheme from Welsh|||Government||38,674|38,696|
||Welsh Government|-Communities<br>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<br>Equipment<br>Fund|||||2,839||
||Welsh Government|-Income Maximisation||||89,976||
||Welsh Government|-Advice Link Employment|Capacity Business Partners|||29,983||
||Welsh Government|-Advice<br>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<br>Advice<br>Specialist Advice||||note 8)<br>f<br>513,928<br>632,092|note 9)<br>6<br>59,768<br>59,649|Totals<br>573,696<br>691,741|
|||||1,146,020|119,417|1,265,437|
|DIRECT COSTSOF CHARITABLE ACTIVITIES|||||||
|Staff costs<br>Rent, rates and water<br>Insurance<br>Repairs and maintenance<br>Premises - Outreach<br>room hire<br>Other staff and volunteer costs<br>Telephone<br>Piinting,<br>postage, stationery<br>and general office<br>Sundry expenses<br>Disbursements<br>Training<br>and conferences<br>ITand computer expenses<br>Subscriptions<br>Publicity and promotion<br>REACH: Partnership<br>costs<br>Legal and professional<br>fees<br>Partnership<br>funding|||||2021f<br>828,826<br>37,064<br>4,083<br>4,895<br>750<br>3,158<br>24,190<br>20,992<br>601<br>1,827<br>676<br>18,015<br>7,177<br>11<br>193,755|2020f<br>751,038<br>35,764<br>3,939<br>4,073<br>3,103<br>13,663<br>12,444<br>21,128<br>581<br>124<br>2,?81<br>18,338<br>5,708<br>27<br>8,001<br>690|
||||||1,146,020|~881402|
|SUPPORT COSTS|||||||
|||Staff|Other||Governance||
|Generalist Advice<br>Specialist Advice||costs<br>f<br>34,437<br>34,368|costs<br>6<br>5,536<br>5,524|Depreciation<br>f<br>10,011<br>9,992|costs<br>f<br>9,784<br>9,765|Totals<br>f<br>59,768<br>59,649|
|||68,805|11,060|20,003|19,549|119,417|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)<br>is|stated|alter charging/(crediting):|||||
||||||2021|2020|
|Auditors'<br>remuneration<br>Auditors'<br>remuneration<br>for non-audit<br>Depreciation - owned assets<br>Deficit on disposal offixed assets<br>Pension contributions<br>Lease payments<br>recognised as an||work<br> expense|||4,560<br>1,909<br>19,972<br>31<br>56,439<br>57,632|6<br>4,595<br>1,831<br>17,720<br>65<br>53,302<br>48,230|





## 

## 

## 

## 

## 

||||2021|2020|
|---|---|---|---|---|
|Wages and salaries<br>Social security costs<br>Other pension costs|||793,265<br>60,647<br>56,439|6<br>747,453<br>53,025<br>53,302|
||||910,351|853,780|
|No employees<br>received emoluments|in excess|of660,000.|||
|The average<br>number offull-time<br>and|part-time|staff were as follows:|||
|Average number of full time staff<br>Average<br>number ofpart time staff|||2021<br>18<br>18|2020<br>18<br>17|
|Equivalent<br>number offull time staff|||29|29|
|The total key management<br>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<br>5|funds<br>6|fundsf|
|Donations|and legacies||156,129||156,129|
|Charitable|activities|||||
|Generalist<br>Specialist|Advice<br> Advice|||445,776<br>451,506|445,776<br>451,506|
|Other trading<br>activities<br>Investment<br>income|||6,720<br>601||6,720<br>601|
|Total|||163,450|897,282|1,060,732|
|EXPENDITURE ON||||||
|Charitable|activities|||||
|Generalist<br>Specialist|Advice<br> Advice||69,896<br>71,933|439,726<br>441,873|509,622<br>513,806|
|Total|||141,829|881,599|1,023,428|
|NET INCOME|||21,621|15,683|37,304|
|Transfers|between funds|||||
|Net movement<br>in funds|||42,533|(5,229)|37,304|





## 

|13.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL|ACTIVITIES -continued|ACTIVITIES -continued||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds<br>f|funds<br>6|funds<br>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<br>6|Equipment<br>f|Totals<br>8|
||At 1 Apdl 2020<br>Additions<br>Disposals||27,924<br>1,401|67,820<br>10,490<br>~300)|95,744<br>11,891<br>~300)|
||At 31 March 2021||29,325|78,010|107,335|
||DEPRECIATION|||||
||At 1 April 2020<br>Charge for year<br>Eliminated<br>on disposal||10,863<br>5,769|31,510<br>14,203<br>~269)|42,373<br>19,972<br>~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<br>Prepayments<br>and accrued income|||38,000<br>278,829|6<br>24,448|
|||||316,829|24,448|





## 

## 

## 

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



## 

## 

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



## 

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





## 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted<br>funds|6||6|
|General fund|319,757|(292,026)|27,731|
|Restricted funds||||
|Families First<br>Newport<br>City Council - information,<br>advice|38,674|(38,674)||
|and assistance<br>British Gas Energy Trust<br>Help to Claim<br>EU Citizens Rights Project -Generalist<br>Welsh Government<br>-Advice Link Cymru|100,000<br>19,869<br>76,434<br>46,511|(97,437)<br>(19,869)<br>(76,434)<br>(46,511)|2,563|
|(Generalist<br>Fund)<br>Welsh Government<br>-Advice Link Cymru|171,878|(150,968)|20,910|
|(Specialist Fund)<br>Welsh Government<br>-Advice Link Cymru|163,924|(163,924)||
|(Other Regions Fund)<br>Welsh Government<br>-Advice Link Cymru<br>(Remote Fund)<br>EU Citizens Rights Project -Specialist<br>Wales COVID Resilience Fund<br>BEISRemote Working<br>Equipment<br>Fund<br>Welsh Government<br>-Income Maximisation<br>Welsh Government<br>-Advice Link|78,752<br>83,333<br>47,475<br>15,000<br>2,839<br>89,976|(78,752)<br>(83,333)<br>(47,475)<br>(3,422)<br>(815)<br>(89,976)|11,578<br>2,024|
|Employment<br>Capacity Business Partners<br>Welsh Government<br>-Advice Link|29,983|(22,416)|7,567|
|Employment<br>Capacity Business Taskforce<br>Welsh Government<br>-Advice Link Remote Working<br>Welsh Government<br>-Advice Link Surge Funding|34,330<br>19,750<br>3,100|(32,773)<br>(17,566)<br>~3,066)|1,557<br>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<br>funds|||6||
|General<br>fund<br>Designated<br>fund - organisational|305,117|21,621|20,912|347,650|
|restructure<br>cost<br>Designated<br>fund - redundancy<br>costs|5,000<br>85,000||(5,000)<br>5,000|90,000|
|Restricted funds|395,117|21,621|20,912|437,650|
|Better Advice Better Lives<br>Communities<br>First<br>Frontline Advice Services -Discrimination||(58)<br>(38)|58<br>38||
|advice<br>Frontline Advice Services -Debt advice<br>Money Advice Service funded<br>'Debt Advice|4,687|(16)<br>(50)|(4,671)<br>50||
|project'<br>Newport<br>support<br>partnership<br>agreement-||(332)|332||
|Information,<br>advice and assistance<br>British Gas Energy Trust<br>Help to Claim<br>EU Citizens Rights Project -Generalist<br>Welsh Government<br>-Advice Link Cymru<br>(Generalist<br>Fund)<br>Welsh Government<br>-Advice Link Cymru<br>(Specialist Fund)<br>Welsh Government<br>-Advice Link Cyrnru<br>(Other Regions Fund)<br>Welsh Government<br>-Advice Link Cymru<br>(Remote Fund)|6,066|(59)<br>2<br>(21)<br>6,254<br>(30)<br>(9)<br>(50)<br>10,090|(6,007)<br>(2)<br>21<br>(6,254)<br>30<br>50<br>~4,566)|5,524|
||10,753|15,683|~20,912|5,524|
|TOTAL FUNDS|405,870|37,304||443,174|





## 

## 

|MOVEMENT<br>IN FUNDS<br>~continued||||
|---|---|---|---|
|Comparative<br>net movement<br>in funds, included|in the above are as follows:|||
||Incoming|Resources|Movement|
|Unrestricted<br>funds|resources<br>f|expended|in funds<br>6|
|General fund|163,450|(141,829)|21,621|
|Restricted funds||||
|Better Advice Better Lives<br>Families First<br>Communities<br>First<br>Frontline<br>Advice Services -Discrimination|60,588<br>38,696<br>86,955|(60,646)<br>(38,696)<br>(86,993)|(58)<br>(38)|
|advice<br>Frontline<br>Advice Services -Debt advice<br>Money Advice Service funded 'Debt Advice|144,750<br>54,281|(144,766)<br>(54,331)|(16)<br>(50)|
|project'<br>Newport<br>support<br>partnership<br>agreement-|77,973|(78,305)|(332)|
|Information,<br>advice and assistance<br>British Gas Energy Trust<br>Help to Claim<br>EU Citizens Rights Project -Generalist<br>Welsh Government<br>-Advice Link Cymru|104,556<br>19,707<br>71,923<br>64,911|(104,615)<br>(19,707)<br>(71,944)<br>(58,657)|(59)<br>2<br>(21)<br>6,254|
|(Generalist<br>Fund)<br>Welsh Government<br>-Advice Link Cymru|37,136|(37,166)|(30)|
|(Specialist<br>Fund)<br>Welsh Government<br>-Advice Link Cymru|40,301|(40,310)|(9)|
|(Other Regions Fund)<br>Welsh Government<br>-Advice Link Cymru|18,451|(18,501)|(50)|
|(Remote Fund)<br>EU Citizens Rights Project -Specialist|24,934<br>52,120|(14,844)<br>(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<br>and legacies||||||
|Donations||||||
|Grants|||||20|
|Other sundry income||||125,700<br>3,458|142,700<br>13,409|
|||||129,158|156,129|
|Other trading activities||||||
|Shelter Cymru -service charge<br>Torfaen Citizens Advice Bureau||-service charge|||3,120<br>3,600|
||||||6,720|
|Investment<br>income||||||
|Bank interest receivable||||599|601|
|Charitable<br>activities||||||
|Grants||||||
|Money Advice Service funded Debt Advice||||921,828|714,753|
|project in partnership<br>with Citizens Advice<br>Newport<br>City Council - Information<br>advice and|||||77,973|
|assistance||||||
|Aneurin<br>Bevan||||100,000|104,556|
|||||190,000||
|||||1,211,828|897,282|
|Total incoming resources||||1,341,585|1,060,732|
|EXPENDITURE||||||
|Charitable<br>activities||||||
|Wages<br>Social security<br>Pensions||||722,278<br>55,189|657,572<br>46,379|
|Rent, rates and water<br>Insurance||||51,359<br>37,064|47,087<br>35,764|
|Repairs and maintenance<br>Premises - Outreach<br>room hire<br>Other staff and volunteer costs<br>Telephone<br>Printing,<br>postage, stationery<br>and<br>Sundry expenses<br>Disbursements||general oflice||4,083<br>4,895<br>750<br>3,158<br>24,190<br>20,992<br>601|3,939<br>4,073<br>3,103<br>13,663<br>12,444<br>21,128<br>581|
|Training<br>and conferences<br>IT and computer expenses<br>Subscriptions<br>Publicity and promotion<br>REACH: Partnership<br>costs<br>Legal and professional<br>fees<br>Partnership<br>funding||||1,827<br>676<br>18,015<br>7,177<br>11<br>193,755|124<br>2,781<br>18,338<br>5,708<br>27<br>8,001<br>690|
|||||1,146,020|881,402|





## 

## 

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