2022-03-31-accounts - Newport Cab

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		Page
Report ofthe Trustees	1	to	6
Report ofthe Independent Auditors	7	to	9
Statement ofFinancial Activities		10
Balance Sheet
Cash Flow Statement		12
Notes to the Cash Flow Statement		13
Notes to the Financial Statements	14	to	25

					2022	2021
			Unrestricted	Restricted	Total	Total
		Notes	funds	funds f	funds	fundsf
INCOME AND ENDOWMENTS	FROM
Donations and legacies			127,048		127,048	129,158
Charitable activities
Generalist Advice			10,000	604,470	614,470	575,340
Specialist Advice			191,761	490,551	682,312	636,488
Other trading activities			650		650
Investment income			355		355	599
Total			329,814	1,095,021	1,424,835	1,341,585
EXPENDITURE ON
Charitable activities
Generalist Advice			28,475	616,743	645,218	573,696
Specialist Advice			228,190	491,186	719,376	691,741
Total			256,665	1,107,929	1,364,594	1,265,437
NET INCOME			73,149	(12,908)	60,241	76,148
Transfers between funds		18	25,532	~25,532i
Net movement in funds			98,681	(38,440)	60,241	76,148
RECONCILIATION OF FUNDS
Total funds brought forward			477,243	42,079	519,322	443,174
TOTAL FUNDS CARRIED FORWARD			575,924	3,639	579,563	519,322

				2022	2021
		Unrestrided		Total	Total
FIXEDASSETS		funds f		funds f	fundsf
Tangible assets	14	41,386		41,386	45,259
CURRENT ASSETS
Debtors Cash at bank	15	19,480 575465.	66,329 ~50525j	65,809 514940	316,829 357435
		594,945	5,804	600,749	674,264
CREDITORS
Amounts faing due within one year	16	(60,407)	(2,165)	(62,572)	(200,201)
NET CURRENT ASSETS		634535	3.639	533177	474063.
TOTAL ASSETSLESSCURRENT UABILITIES		575,924	3,639	579,563	519,322
NET ASSETS		575924	3639	579563	519.322
FUNDS	18
Unrestricted funds Restricted funds				575,924 3639	477,243 42,079
TOTAL FUNDS					51S322

				2022	2021
			Notes		F
Cash flows from operating		activities
Cash generated from operations				173,495	~83,421)
Net cash provided by/(used		in) operating	activities	173,495	~83,421)
Cash flows from investing		activities
Purchase oftangible fixed	assets			(16,345)	(11,891)
Interest received				355	599
Net cash used in investing	activities			~15,990)	~11,292)
Change in cash and cash		equivalents	in
the reporting period				157,505	(94,713)
Cash and cash equivalents		at the
beginning ofthe reporting		period		357,435	452,148
Cash and cash equivalents		at the end	of
the reporting period				514,940	357,435

RECONCILIATION	OF NET I	NCOME TO NET CASH FLOW FROM OPERATI	NG ACTIVITIES
			2022	2021
			F
Net income for the	reporting	period (as per the Statement ofFinancial
Activities) Adjustments for:			60,241	76,148
Depreciation charges			20,218	19,972
Loss on disposal of	fixed assets			31
Interest received Decrease/(increase) (Decrease)fincrease	in debtors in creditors		(355) 231,020 ~137,828	(599) (292,381) 113,408
Net cash provided	by/(used	in) operations	173,495	~83,421)

ANALYSIS OF CHANGES
	At 1/4/21 f	Cash flow	At 31/3/22 F
Net cash
Cash at bank	357,435	157,505	514,940
	357,435	157,505	514,940
Total	357,435	157,505	514,940

								2022	2021
								F
Donations								150
Grants Other sundry			income					125,699 1,199	125,700 3,458
								127,048	129,158
Grants	received,			included	in the above, are as follows:
								2022	2021
								E
Newport	City		Council - core grant					125,699	125,700
OTHER	TRADING ACTIVITIES
								2022	2021
									F
Shelter	Cymiu		-	service charge				650
INVESTMENT			INCOME
								2022	2021
								F
Bank interest		receivable						355	599
INCOME FROM				CHARITABLE		ACTIVITIES
								2022	2021
						Activity		F
Grants						Generalist	Advice	514,470	475,340
Newport	Support			Partnership
- Information		advice and
assistance Grants						Generalist Specialist	Advice Advice	100,000 490,551	100,000 446,488
Aneurin	Bevan					Specialist	Advice	191,761	190,000
								1,296,782	1,211,828

Grants received, i	n	cluded in the a	bove, are a	s	follo	ws:
								2022	2021
								E
Newport City Council - funder scheme from Welsh						Government		47,574	38,674
British Gas Energy		Trust						20,034	19,869
Citizens Advice - Help to Claim								76,731	76,434
Welsh Government		- EU Citizens	Rights Project (Generalist				Fund)	45,890	46,511
Welsh Government		-Advice Link	Cymru (Generalist			Fund)		150,968	171,878
Welsh Government		-Advice Link	Cymru (Specialist			Fund)		163,924	163,924
Welsh Government		-Advice Link	Cymru (Other		Regions Fund)			78,749	78,752
Welsh Government		-Advice Link	Cymru (Remote Fund)					83,333	83,333
Welsh Government		- EU Citizens	Rights Project (Specialist				Fund)	46,885	47,475
Wales COVID Resilience Fund									15,000
BEISRemote Working Equipment			Fund						2,839
Welsh Government		- Income Maximisation						90,000	89,976
Welsh Government		-Advice Link	Employment		Capacity Business Partners			29,983	29,983
Welsh Government		-Advice Link	Employment		Capacity Business Taskforce			34,330	34,330
Welsh Government		-Advice Link	Remote Working						19,750
Welsh Government		-Advice Link	Surge Funding						3,100
Carers Trust								10,000
Newport City Council - Homeless			Prevention	Debt Support			Service	35,756
Newport City Council - COVID funding								9,864
Welsh Government		—Advice Link	Claim What's		Yours			81,000
								1,005,021	921,828
CHARITABLE ACTIVITIES COSTS
							Direct	Support
							Costs (see	costs (see
							note 8)	note 9)	Totals
									F
Generalist Advice							608,858	36,360	645,218
Specialist Advice							682,946	36,430	719,376
							1,291,804	72,790	1,364,594
DIRECT COSTS OF CHARITABLE ACTIVITIES
								2022	2021
Staff costs								976,397	828,826
Rent, rates and water								39,102	37,064
Insurance								4,589	4,083
Repairs and maintenance								6,894	4,895
Premises - Outreach		room hire						375	750
Other staff and volunteer costs								10,080	3,158
Telephone								25,104	24,190
Printing, postage, stationery and general office								28,624	20,992
Sundry expenses								770	601
Disbursements								2,969	1,827
Training and conferences								3,369	676
IT and computer expenses								24,116	18,015
Subscriptions								6,165	7,177
Publicity and promotion									11
Restricted funding	due to be repaid							984
Partnership funding								162,266	193,755
								1,291,804	1,146,020

		Staff	Other		Governance
		costs	costs f	Depreciation E	costs	Totals E
Generalist	Advice	13,498	2,886	10,099	9,877	36,360
Specialist	Advice	13,524	2,888	10,119	9,899	36,430
		27,022	5,774	20,218	19,776	72,790

Net income/(expenditur	e) is stated after charging/(crediting):
		2022	2021
Auditors' remuneration		4,416	4,560
Auditors' remuneration	for non audit work	1,909	1,909
Depreciation -owned	assets	20,218	19,972
Deficit on disposal of	fixed assets		31
Pension contributions		66,206	56,439
Lease payments recognised as an expense		55,900	57,632

STAFF COSTS
			2022	2021
Wages and salaries			878,942	793,265
Social security costs			71,393	60,647
Other pension costs			66,206	56,439
			1,016,541	910,351
No employees received emoluments	in excess	ofF60,000.
The average number offull-time and	part-time	staff were as follows:
			2022	2021
Average number offull time staff			22	18
Average number ofpart time staff			20	18
Equivalent number offull time staff				29

				Unrestricted	Restricted	Total
				funds	funds	funds
				F	F
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			129,158		129,158
	Charitable activities
	Generalist Advice				575,340	575,340
	Specialist Advice			190,000	446,488	636,488
	Investment income			599		599
	Total			319,757	1,021,828	1,341,585
	EXPENDITURE ON
	Charitable activities
	Generalist Advice			62,782	510,914	573,696
	Specialist Advice			229,244	462,497	691,741
	Total			292,026	973,411	1,265,437
	NET INCOME			27,731	48,417	76,148
	Transfers between	funds		11,862	~11,862)
	Net movement in funds			39,593	36,555	76,148
	RECONCILIATION	OF FUNDS
	Total funds brought forward			437,650	5,524	443,174
	TOTAL FUNDS CARRIED FORWARD			477,243	42,079	519,322
14.	TANGIBLE FIXEDASSETS
				Fixtures
				&Fittings	Equipment	Totals
				F	F	F
	COST
	At 1 April 2021			29,325	78,010	107,335
	Additions Disposals			953	15,392 ~566)	16,345 ~566)
	At 31 March 2022			30,278	92,836	123,114
	DEPRECIATION
	At 1 April 2021			16,632	45,444	62,076
	Charge for year Eliminated on disposal			5,431	14,787 ~566)	20,218 ~566)
	At 31 March 2022			22,063	~59665	81,728
	NET BOOK VALUE
	At 31 March 2022			8,215	33,171	41,386
	At 31 March 2021			12,693	32,566	45,259

15.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING	FALLING	FALLING	FALLING	DUE WITHIN	ONE YEAR
											2022 f	2021
	Trade debtors										19,480	38,000
	Prepayments and accrued				income						66,329	278,829
											85,809	316,829
	CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE YEAR
											2022	2021
											F
	Trade creditors										10,602	108,910
	Social security and	other	taxes								17,175	17,633
	VAT										5,818	9,195
	Other creditors										1,338	7,211
	Accruals and deferred income										27,639	57,252
											62,572	200,201
	LEASING AGREEMENTS
	Minimum lease payments			under non-cancellable				operating leases	fall due	as follows:
											2022	2021
												F
	Within one year										43,515	44,640
	Between one and five years										152,098	158,113
	In more than five years										145,313	182,813
											340.926	385,566
18.	MOVEMENT IN FUNDS
									Net		Transfers
									movement		between	At
								At 1/4/21	in funds		funds	31/3/22
								F	F		F	F
	Unrestricted funds
	General fund							387,243	73,149		(104,468)	355,924
	Designated fund - redundancy					costs		90,000				90,000
	Designated fund —business				development
	manager										70,000	70,000
	Designated fund —cost of			living		support					60,000	60,000
								477,243	73,149		25,532	575,924
	Restricted funds
	Newport City Council - Information,						advice
	and assistance								3,639			3,639
	Help to Claim									87	(87)
	EU Citizens Rights	Project		- Generalist						111	(111)
	Welsh Government	-Advice			Link Cymru
	(Generalist Fund)							20,910	(20,910)
	Welsh Government	-Advice			Link Cymru
	(Remote Fund) EU Citizens Rights	Project-			Specialist			5,524	(635)		(5,524) 635
	Wales COVID Resilience		Fund					8,078	(6,278)		(1,800)
	Welsh Government	-Advice			Link
	Employment Capacity Business					Partners		7,567			(7,567)
	Welsh Government What's Yours	—Advice			Link Claim				4,581		(4,581)
	Newport City Council - COVID funding								6,497		~6,497)
								42,079	12,908		~25,532	3,639
	TOTAL FUNDS							519,322	60,241			579,563

MOVEMENT IN FUNDS - continued	MOVEMENT IN FUNDS - continued
Net movement in funds, induded in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
			F
Unrestricted funds
General fund		329,814	(256,665)	73,149
Restricted funds
Families First		47,574	(47,574)
Newport City Council	- Information, advice
and assistance British Gas Energy Trust		100,000 20,034	(96,361) (20,034)	3,639
Help to Claim		76,731	(76,644)	87
EU Citizens Rights Project - Generalist Welsh Government -Advice Link Cymru		45,890	(45,779)	111
(Generalist Fund) Welsh Government -	Advice Link Cymru	150,968	(171,878)	(20,910)
(Specialist Fund)		163,924	(163,924)
Welsh Government -	Advice Link Cymru
(Other Regions Fund) Welsh Government -	Advice Link Cymru	78,749	(78,749)
(Remote Fund) EU Citizens Rights Project - Specialist Wales COVID Resilience Fund Welsh Government - Income Maximisation Welsh Government -Advice Link		83,333 46,885 90,000	(83,333) (47,520) (6,278) (90,000)	(635) (6,278)
Employment Capacity Business Partners Welsh Government -Advice Link		29,983	(29,983)
Employment Capacity Homeless Prevention Claim What's Yours Newport City Council	Business Taskforce Debt Support Service - COVID funding	34,330 35,756 81,000 9,864	(34,330) (35,756) (76,419) ~3.367)	4,581 6,497
		1,095,021	~1,107,929	~12,908
TOTAL FUNDS		1,424,835	~1,354,594)	60,241

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