2021-03-31-accounts - Pembrokeshire Citizens Advice Bureau

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	9
Independent Examiner's Report		10
Statement ofFinancial Activities
Balance Sheet	12	to	13
Cash Flow Statement		14
Notes to the Cash Flow Statement
Notes to the Financial Statements	16	to	24
Detailed Statement ofFinancial Activities	25	io	26

		for	the Year E	nded 31March	2021
						31.3.21	31.3.20
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	f		f	f
INCOME AND ENDOWMENTS		FROM
Donations and legacies				3,121		3,121	9,639
Charitable activities
Charitable activities				123,452	398,536	521,988	422,337
Invesnnentincome				3,472		3,472	368
Other income				~7927	250	8 177	~6508
Total				137,972	398,786	536,758	438,852
EXPENDITURE ON
Charitable activities
Charitable activities				155,609	395,972	551,581	488,238
NET INCOMEt(EXPENDITURE)				(17,637)	2,814	(14,823)	(49,386)
Transfers between funds			16	~8383	~8383
Net movement in funds				(26,020)	11,197	(14,823)	(49,386)
RECONCILIATION	OF FUNDS
Total funds brought	forward			164,606	6,780	171,386	220,772
TOTAL FUNDS CARRIED FORWARD				~138586	~17 977	156563	171386

				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	f	f	f	f
CURRENT ASSETS
Debtors	13	5,000	78,010	83,010	12,580
Cash at bank and in hand		150324	~50 595	200919	~175880
		155,324	128,605	283,929	188,460
CREDITORS
Amounts falling due within one year	14	(16,738)	(110,628)	(127,366)	(17,074)
NET CURRENT ASSETS		138586	~17 977	~156563	~171386
TOTAL ASSETSLESSCURRENT
LIABILITIES		138,586	17,977	156,563	171,386
NET ASSETS		138,586	~17 977	156,563	~171 386
FUNDS	16
Unrestricted funds				138,586	164,606
Restricted funds				~17977	6,780
TOTAL FUNDS				~156563	~171 386

			f	or the Year Ended	31 March 2021
					31.3.21	31.3.20
				Notes	f	f
Cash flows from operating	activities
Cash generated from operations					~48 174)	~155760)
Net cash used in operating	activities				~48,174)	~155760)
Cash flows from investing	activities
Interest received					~3472	368
Net cash provided by investing		activities			3,472	368
Change in cash snd cash equivalents			In
the reporting period					(44,702)	(155,392)
Cash and cash equivalents	st	the
beginning ofthe reporting	period			2	~174993	~330385
Cash and cash equivalents	st	the end	of
the reportiag period					~130 291	~174993

ACTIVITIES
						31.3.21	31.3.20
						f	f
Net expenditure for the reporting			period (ss	per the Statement	of
Financial Activities)						(14,823)	(49,386)
Adjustments for:
Interest received						(3,472)	(368)
Increase to debtors						(70,430)	(881)
increase/(decrease)	in creditors					~40 551	~105 125
Net cash used in operations						~48 174)	~155760)
ANALYSIS OF CASH AND CASH EQUIVALENTS
						31.3.21	31.3.20
						f
Cash in hand						65	65
Notice deposits (less Overdrafls included		than 3 months) in bank loans and overdrafls		falling due within	one year	200,854 ~70628)	175,815 ~887)
Total cash and cash	equivalents					~130291	174,993

	At 1.4.20	Cash flow	At 31.3.21
		f	f
Net cash
Cash at bank and in hand Bank overdrafl	175,880 ~887	25,039 ~69741	200,919 ~70,628
	174993	44 702	~130291
Total	174993	44 702	~130 291

						31.3.21	31.3.20
						f	f
DRO	grant					483	269
CAB	grants						3,500
South	Hook Community	Fund					5,000
Pembroke Dock Town Council						~2000
						~2483	~8769
INVESTMENT INCOME
						31.3.21	31.3.20
						f
Deposit account interest						~3472	368
INCOME FROM CHARITABLE ACTIVITIES
						31.3.21	31.3.20
				Activity		f	f
Service level agreements				Charitable	activities	190,376	179,161
Grants				Charitable	activities	~331 612	~243 176
						~521 988	422 337
Service agreements included			in	the above,	are as follows:
						31,3 21	31.3.20
Pembrokeshire County Counctl						112,600	112,076
Universal Credit, Help to		Claim				53,924	50,954
Jobs Growth Wales						3,852	3,016
Hywel	Dda, Partners for the		journey			20,000
Energy	Best Deal						177
Energy	Advice Programme						5,160
Financial Capability Forum							2,542
Advicelink Film Project							~5236
						~190376	~179 161
Grants	received, included	in	the	above, are	as follows:
						31.3.21	31.3.20
						f	f
Pembrokeshire County Council							8,392
Better	Advice Better Lives						58,419
Money	Advice Service Funded			Debt Advice Project (MASDAP)			49,299
British	Gas Energy Fund					1,860	4,927
Henry	Smith					59,350	58,100
Single	Advice Fund					226,838	46,309
Warmer Wales						2i »9
Carried	forward					309,777	243,176

INCOME FROM	CHARIT	ABLE ACTIVI	TIES - continued
				31.3.21	31.3.20
				6
Brought forward				309,777	243,176
PAYS Supporting	Community	Action Fund		2,000
Department ofBusiness, Energy and Industrial			Strategy	6,700
CCG - Community	Financial	Literacy Project		5,000
Help to Claim Covid Grant				8 135
				~331 612	~243 176

	Advicelink, SAF funding The funds were paid over in full	Advicelink, SAF funding The funds were paid over in full	Advicelink, SAF funding The funds were paid over in full	to 2 partner organisa	tions during the	year.
	OTHER INCOME
					31.3.21	31.3.20
	Room hire				4,450	6,508
	Miscellaneous	income			425
	Reimbursements		from CitA		~3302
					8 177	~6508
6.	CHARITABLE		ACTIVITIES COSTS
				Direct	Support
				Costs (see	costs (see
				note 7) f	note 8) f	Totals f
	Charitable activities			~479 372	~72 209	~551 581
7.	DIRECT COSTS Of' CHARITABLE ACTIVITIES
					31.3.21	31.3.20
					f	f
	Staff costs				409,750	340,306
	Staff'expenses				632	9,746
	OAice costs				24,967	23,813
	Premises costs				22,989	33,252
	Citizens Advice	fees			7,482	8,266
	Capital equipment		purchases		9,332	1,842
	Volunteer travel				114	5,068
	StaA' training				786	1,440
	Advertising					643
	Legal and Professional				2,895
	Sundry				425
					~479 372	~424 376

							Governance
					Management f.	Finance f	costs f.	Totals f
	Charitable	activities			~71 037	101	~1071	~72 209
	Support costs,		included	in the above, are as follows:
	Management
							31.3.21	31.3.20
							Charitable	Total
							activities	activities
							f
	Wages						43,197	41,517
	Pensions						895	891
	Other staff	costs						178
	Sundries						1,786	696
	Office support		costs				17,554	11,434
	Rent and premises costs						3,214	2,467
	Accountancy						1,540	1,660
	Payroll fees						~2851	I 972
							~71 037	~60 815
	Finance
							31.3.21	31.3.20
							Charitable	Total
							activities	activities
							f	f
	Bank charges						101	102
	Governance	costs
							31.3.21	31.3.20
							Charitable	Total
							activities	activities
							f	f
	Trustees' expenses						191	629
	Accountancy	fees					500	500
	Legal fees						380	~1816
							~1071	~2945
9.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated after	charging/(crediting):
							31.3.21	31.3.20
							f	f
	Independent	examiners		fee			~2040	~2040

					31.03.21	31.03.20
						f
Wages and salaries					417,400	350,960
Social Security	costs				24,649	19,833
Other pension	costs				11793	11921
					453 842	~382 714
The average monthly		number ofemployees	during	the year was as follows:
					31.3.21	31.3.20
Al I activities					24	21

12.	COMPARATIVES F	OR THE ST	ATEMENT OF FINANCIAL	ACTIVITIE	S - 3103.2020
				Unrestricted	Restricted	Total
				funds	funds	funds
				f	f,	f
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			9,639		9,639
	Charitable activities
	Charitable activities			128,720	293,617	422,337
	Investment income			368		368
	Other income			~6508		6,508
	Total			145,235	293,617	438,852
	EXPENDITURE ON
	Charitable activities
	Charitable activities			192,760	295,478	488,238
	NET INCOME/(EXPENDITURE)			(47,525)	(1,861)	(49,386)
	Transfers between funds			I 125	~1125
	Net movement in funds			(46,400)	(2,986)	(49,386)
	RECONCILIATION	OF FUNDS
	Total funds brought forward			211,006	9,766	220,772
	TOTAL FUNDS CARRIED FORWARD			~164606	6,780	~171 386
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					31.3.21	313.20
					f
	Rent prepayment				5,000	5,000
	Accrued income				~78010	~7580
					~83 010	~12 580

CREDITORS: A	MOU	NT	S FALLI	NG DUE	W	ITHI		ONE Y	EA	R
												31.3.21	31.3.20
												f	f
Bank loans and overdrafts			(see note	15)								70,628	887
Creditors												7,922	12,769
Accrued expenses												8,816	3,418
Deferred income												~40 000
												~127366	17074
LOANS
Amounts showing	as bank		overdrafts	represent	a	timing		difference	between		when	the restricted	expenditure	h
been incurred and	the receipt ofthe			restricted	funding		in the Charity's			bank	account. This is not		an actual ba	n
overdraR it is recording		that the fund		is overdrawn		only.
MOVEMENT IN	FUNDS
										Net		Transfers
									movement			between	At
						At 1.4.20			in funds			funds	31.3.21
						f				f		f	f
Unrestricted funds
General advice						72,245			(17,637)			83,978	138,586
Designated funds						73,100						(73,100)
DWP Digital Inclusion						19		261				~19261
						164,606			(17,637)			(8,383)	138,586
Restricted funds
Energy Best Deal						1,693				(2,876)		1,183
Financial Capability	Forum					2,931						(2,931)
Access to Justice								263				(263)
Warmer Wales						1,893				(1,030)		2,443	3,306
Henry Smith										(3,136)		3,136
Help to Claim										(24)		24
Single Advtce Fund										731		4,791	5,522
BEIS										1,799			1,799
GP Partners									~7350				~7350
						~6780			~2814			~8383	~17977
TOTAL FUNDS						~171	386		~14823)				~156563

			Incoming	Resources	Movement
			resources	expended	in funds
			f	f,	f
Unrestricted	funds
General advice			137,972	(155,609)	(17,637)
Restricted funds
Energy Best Deal				(2,876)	(2,876)
Warmer Wales			23,839	(24,869)	(1,030)
Henry Smith			59,350	(62,486)	(3,136)
Help to Claim			53,924	(53,948)	(24)
Single Advice	Fund		226,838	(226,107)	731
BEIS			14,835	(13,036)	1,799
GP Partners			~20 000	~I2 650)	~7350
			~398 786	(3395 972'	~2814
TOTAL FUNDS			~536 758	~551 581)	14 823
Comparatives	for movement	in funds

			Net	Transfers
			movement	between	At
		At 1.4.19	in funds	funds	31.3.20
		f	f		f
Unrestricted funds
General advice		124,533	(47,413)	(4,875)	72,245
Designated funds DWP Digital Inclusion		67,100 ~19373	~II2)	6,000	73,100 ~19261
		211,006	(47,525)	1,125	164,606
Restricted funds
Better Advice Better	Lives	1,219	(310)	(909)
Money Advice Service Funded Debt
Advice Project (MASDAP)			6,883	(6,883)
Energy Best Deal			1,693		1,693
Financial Capability	Forum	1,319	1,612		2,931
Access to Justice		263			263
Warmer Wales		5,772	(3,879)		1,893
Henry Smith		1,193	(8,095)	6,902
Help to Claim Single Advice Fund			536 ~301	(536) 301
		~9766	I 861	I 125	~6780
TOTAL FUNDS		~220 772	~49386)		~171386

			Incoming	Resources	Movement
			resources f	expended 8	in funds f
Unrestricted funds
General advice DWP Digital Inclusion			145,235	(192,648) ~112	(47,413) ~112)
			145,235	(192,760)	(47,525)
Restricted funds
Better Advice Better	Lives		58,419	(58,729)	(310)
Money Advice Service Funded		Debt
Advice Project (MASDAP)			49,299	(42,416)	6,883
Energy Best Deal			5,337	(3,644)	1,693
Financial Capability	Forum		2,542	(930)	1,612
Warmer Wales			22,657	(26,536)	(3,879)
Henry Smith			58,100	(66,195)	(8,095)
Help to Claim Single Advice Fund			50,954 ~46 309	(50,418) ~46 610)	536 ~301)
			~293 617	295 478	~1861
TOTAL FUNDS			438,852	~488 238)	~49386)

		for the Year Ended	31 March 2021
			31.3,21	31.3.20
			f	f
INCOME AND		ENDOWMENTS
Donations and	legacies
Donations			638	870
Grants			~2483	~8769
			3,121	9,639
Investment income
Deposit account		interest	3,472	368
Charitable activities
Service level agreements			190,376	179,161
Grants			~331612	~243 176
			521,988	422,337
Other income
Room hire			4,450	6,508
Miscellaneous	income		425
Reimbursements		from CitA	~3302
			~8177	6508
Total incoming		resources	536,758	438,852
EXPENDITURE
Charitable activities
Wages			398,852	329,276
Pensions			10,898	11,030
Staft'expenses			632	9,746
Office costs			24,967	23,813
Premises costs			22,989	33,252
Citizens Advice	fees		7,482	8,266
Capital equipment		purchases	9,332	1,842
Volunteer travel			114	5,068
Staff training			786	1,440
Advertising				643
Legal and Professional			2,895
Sundry			425
			479,372	424,376
Support costs
Management
Wages			43,197	41,517
Pensions			895	891
Other staff costs				178
Carried forward			44,092	42,586

		Detailed Statement ofFinancial	Activities
		for the Year Ended 31 March	2021
				31.3.21	31.3.20
Management
Brought forward				44,092	42,586
Sundries				1,786	696
Office support	costs			17,554	11,434
Rent and premises costs				3,214	2,467
Accountancy				1,540	1,660
Payroll fees				~2851	~1972
				71,037	60,815
Finance
Bank charges				101	102
Governance	costs
Trustees' expenses				191	629
Accountancy	fees			500	500
Legal fees				380	1 816
				1,071	2,945
Total resources	expended			~551 581	~488 238
Net expenditure				14823	49386