## |||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)| |2.|ANALYSIS OF CHANGES|IN NET FUNDS|||| |---|---|---|---|---|---| ||||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| ## ## ## ## ## ## ## ## ## ## ## ## ## ##