|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|7|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||10||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||12||
|Notes to the Financial Statements|13|to|21|
|Detailed Statement ofFinancial Activities|22|to|23|
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|||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|and legacies||2|7,317||7,317|3,121|
|Charitable|activities|||||||
|Charitable|activities|||128,590|437,147|565,737|521,988|
|Investment|income|||1,173||1,173|3,472|
|Other income||||3,580||3,580|8,177|
|Total||||140,660|437,147|577,807|536,758|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Charitable|activities|||114,940|451,059|565,999|551,581|
|NET INCOME/(EXPENDITURE)||||25,720|(13,912)|11,808|(14,823)|
|Transfers|between
funds||16|(20,258)|20,258|||
|Net movement
in funds||||5,462|6,346|11,808|(14,823)|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought forward||||138,586|17,977|156,563|171,386|
|TOTAL FUNDS CARRIED FORWARD||||144,048|24,323|168,371|156,563|
##
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|CURRENT ASSETS||||||
|Debtors|13|28,150|9,374|37,524|83,010|
|Cash at bank and in hand||134,811|64,323|199,134|200,919|
|||162,961|73,697|236,658|283,929|
|CREDITORS||||||
|Amounts
falling due within one year|14|(18,913)|(49,374)|(68,287)|(127,366)|
|NET CURRENT ASSETS||144,048|24,323|168,371|156,563|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||144,048|24,323|168,371|156,563|
|NET ASSETS||144,048|24,323|168,371|156,563|
|FUNDS|16|||||
|Unrestricted
funds||||144,048|138,586|
|Restricted funds||||24,323|17,977|
|TOTAL FUNDS||||168,371|156,563|
##
||||||Cash Flow Statement|||
|---|---|---|---|---|---|---|---|
|||||for the|Year Ended 31March|2022||
|||||||31.3.22|31.3.21|
|||||Notes||||
|Cash flows from operating|activities|||||||
|Cash generated
from operations||||1||58,296|(48,174)|
|Net cash provided
by/(used|in)|operating||activities||58,296|(48,174)|
|Cash flows from investing|activities|||||||
|Interest received||||||1,173|3,472|
|Net cash provided
by investing||activities||||1,173|3,472|
|Change in cash and cash equivalents|||in|||||
|the reporting
period
Cash and cash equivalents|at|the||||59,469|(44,702)|
|beginning ofthe reporting|period|||2||130,291|174,993|
|Cash and cash equivalents|at|the end|of|||||
|the reporting
period||||||189,760|130,291|
##
##
##
|OPERATING AC|TIVITI|ES|||||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
|Net income/(expenditure)||for the reporting|period (as per the||||
|Statement ofFinancial Activities)|||||11,808|(14,823)|
|Adjustments
for:|||||||
|Interest received|||||(1,173)|(3,472)|
|Decrease/(increase)|in debtors||||45,486|(70,430)|
|Increase in creditors|||||2,175|40,551|
|Net cash provided|by/(used|in) operations|||58,296|(48,174)|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||
||||||31.3.22|31.3.21|
|Cash in hand|||||65|65|
|Notice deposits (less than 3||months)|||199,069|200,854|
|Overdrafls
included|in bank|loans and overdrafls||falling due within one year|(9,374)|(70,628)|
|Total cash and cash|equivalents||||189,760|130,291|
##
##
||At 1.4.21|Cash flow|At 31.3.22|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|200,919|(1,785)|199,134|
|Bank overdraiis|(70,628)|61,254|(9,374)|
||130,291|59,469|189,760|
|Total|130,291|59,469|189,760|
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##
|DONATIONS
AND LEGACIES|||
|---|---|---|
||31.3.22|31.3.21|
|Donations|2,239|638|
|Grants|5,078|2,483|
||7,317|3,121|
##
##
||||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|---|
|DRO grant|||||||78|483|
|Pembroke Dock Town Council|||||||5,000|2,000|
||||||||5,078|2,483|
|INVESTMENT INCOME|||||||||
||||||||31.3.22|31.3.21|
|Deposit account interest|||||||1,173|3,472|
|INCOME FROM|CHARITABLE ACTIVITIES||||||||
||||||||31.3.22|31.3.21|
|||||Activity|||||
|Service level agreements||||Charitable|activities||234,985|190,376|
|Grants||||Charitable|activities||330,752|331,612|
||||||||565,737|521,988|
|Service agreements|included|in|the above, are|||as follows:|||
||||||||31.3.22|31.3.21|
|Pembrokeshire
County Council|||||||112,700|112,600|
|Universal
Credit, Help to Claim|||||||54,035|53,924|
|Jobs Growth Wales||||||||3,852|
|Hywel Dda, Partners for the||journey|||||60,000|20,000|
|Big Energy Saving|Network|/ Energy Advice||||Programme|7,750||
|Financial Capability|Forum||||||500||
||||||||234,985|190,376|
|Grants received, included
in the above, are|||||as|follows:|||
||||||||31.3.22|31.3.21|
|British Gas Energy|Trust||||||10,043|1,860|
|Henry
Smith|||||||30,000|59,350|
|Single Advice Fund|||||||244,073|226,838|
|Warmer Wales|||||||20,034|21,729|
|PAYS Supporting
Community
Action Fund
Department ofBusiness, Energy and Industrial||||||Strategy||2,000
6,700|
|CCG - Community|Financial|Literacy Project,||||Money Talks|15,000|5,000|
|Help to Claim Covid Grant||||||||8,135|
|Kickstatt Scheme|||||||11,212||
|Windrush
Compensation
Scheme|||||||390||
||||||||330,752|331,612|
##
|5.|OTHER INCOME|OTHER INCOME|OTHER INCOME|OTHER INCOME||||
|---|---|---|---|---|---|---|---|
|||||||31.3.22|31.3.21|
||Room hire|||||3,580|4,450|
||Miscellaneous|income|||||425|
||Reimbursements||from CitA||||3,302|
|||||||3,580|8,177|
|6.|CHARITABLE||ACTIVITIES COSTS|||||
||||||Direct|Support||
||||||Costs (see|costs (see||
||||||note 7)|note 8)|Totals|
||||||K|||
||Charitable
activities||||490,107|75,892|565,999|
|7.|DIRECT COSTS|||OFCHARITABLE ACTIVITIES||||
|||||||31.3.22|31.3.21|
||Staffcosts|||||417,720|409,750|
||Staffexpenses|||||752|632|
||Office costs|||||26,146|24,967|
||Premises costs|||||35,457|22,989|
||Citizens Advice fees|||||5,773|7,482|
||Capital equipment|||purchases|||9,332|
||Volunteer
travel|||||164|114|
||Stafftraining|||||1,783|786|
||Advertising|||||1,883||
||Legal and Professional|||||321|2,895|
||Sundry|||||108|425|
|||||||490,107|479,372|
##
|8.|SUPPORT|COSTS|||||
|---|---|---|---|---|---|---|
||||||Governance||
||||Management|Finance|costs|Totals|
||Charitable
activities||71,799|148|3,945|75,892|
||Support costs, included||in the above, are as follows:||||
||Management||||||
||||||31.3.22|31.3.21|
||||||Charitable|Total|
||||||activities|activities|
||Wages||||42,432|43,197|
||Pensions||||1,056|895|
||Sundries||||1,458|1,786|
||Office support costs||||11,389|17,554|
||Rent and premises costs||||6,736|3,214|
||Accountancy||||7,840|1,540|
||Payroll fees||||888|2,851|
||||||71,799|71,037|
||Finance||||||
||||||31.3.22|31.3.21|
||||||Charitable|Total|
||||||activities|activities|
||Bank charges||||148|101|
||Governance|costs|||||
||||||31.3.22|31.3.21|
||||||Charitable|Total|
||||||activities|activities|
||Trustees' expenses|||||191|
||Accountancy|fees|||500|500|
||Legal fees||||3,445|380|
||||||3,945|1,071|
|9.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)||is stated after charging/(crediting):||||
||||||31.3.22|31.3.21|
||Independent|examiners|fee||2,400|2,040|
##
##
##
##
|STAFF COSTS|||||
|---|---|---|---|---|
||||31.03.22|31.03.21|
|Wages and salaries|||423,752|417,400|
|Social Security costs|||24,623|24,649|
|Other pension costs|||12,833|11,793|
||||461,208|453,842|
|The average monthly|number ofemployees|during the year was as follows:|||
||||31.3.22|31.3.21|
|All activities|||24|24|
##
||Notes to the Financial Statements - continued
for the Year Ended 31March 2022|Notes to the Financial Statements - continued
for the Year Ended 31March 2022|Notes to the Financial Statements - continued
for the Year Ended 31March 2022|Notes to the Financial Statements - continued
for the Year Ended 31March 2022||
|---|---|---|---|---|---|
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -31.03.2021|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies||3,121||3,121|
||Charitable
activities|||||
||Charitable
activities||123,452|398,536|521,988|
||Investment
income||3,472||3,472|
||Other income||7,927|250|8,177|
||Total||137,972|398,786|536,758|
||EXPENDITURE ON|||||
||Charitable
activities|||||
||Charitable
activities||155,609|395,972|551,581|
||NET INCOME/(EXPENDITURE)||(17,637)|2,814|(14,823)|
||Transfers
between funds||(8,383)|8,383||
||Net movement
in funds||(26,020)|11,197|(14,823)|
||RECONCILIATION|OF FUNDS||||
||Total funds brought forward||164,606|6,780|171,386|
||TOTAL FUNDS CARRIED FORWARD||138,586|17,977|156,563|
|13.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||31.3.22|31.3.21|
||Rent prepayment||||5,000|
||Accrued income|||37,524|78,010|
|||||37,524|83,010|
##
##
##
|CREDITORS: AMOUN|TS FALLING DUE WITHIN ONE|YEAR||
|---|---|---|---|
|||31.3.22|31.3.21|
|Bank loans and overdratts|(see note 15)|9,374|70,628|
|Creditors||8,329|7,922|
|Accrued expenses||10,584|8,816|
|Deferred income||40,000|40,000|
|||68,287|127,366|
##
##
|MOVEMENT|IN FUNDS||||||
|---|---|---|---|---|---|---|
||||Net|Transfers|||
||||movement|between|At||
|||At 1.4.21|in funds|funds|31.3.22||
|||||g|||
|Unrestricted|funds||||||
|General advice||138,586|25,720|(20,258)|144,048||
|Restricted funds|||||||
|Warmer Wales||3,306|(6,733)|3,427|||
|Henry Smith|||(930)|930|||
|Help to Claim|||(254)|254|||
|Single Advice|Fund|5,522|(18,843)|13,321|||
|BEIS||1,799|||1,799||
|GP Partners||7,350|14,387||21,737||
|Kickstart|||(2,187)|2,187|||
|Big Energy Saving Network &Energy|||||||
|Advice Programme|||(139)|139|||
|British Gas Energy Trust - Community|||||||
|Reach|||787|||787|
|||17,977|(13,912)|20,258|24,323||
|TOTAL FUNDS||156,563|11,808||168,371||
##
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General advice||140,660|(114,940)|25,720|
|Restricted funds|||||
|Warmer Wales||20,034|(26,767)|(6,733)|
|Henry Smith||30,000|(30,930)|(930)|
|Help to Claim||54,035|(54,289)|(254)|
|Single Advice Fund||244,073|(262,916)|(18,843)|
|GP Partners||60,000|(45,613)|14,387|
|Kickstart||11,212|(13,399)|(2,187)|
|BigEnergy Saving Network|tk Energy||||
|Advice Programme||7,750|(7,889)|(139)|
|British Gas Energy Trust - Community|||||
|Reach||10,043|(9,256)|787|
|||437,147|(451,059)|(13,912)|
|TOTALFUNDS||577,807|(565,999)|11,808|
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.20|in funds|funds|31.3.21|
||||8|8||
|Unrestricted
funds||||||
|General advice||72,245|(17,637)|83,978|138,586|
|Designated
funds||73,100||(73,100)||
|DWP Digital Inclusion||19,261||(19,261)||
|||164,606|(17,637)|(8,383)|138,586|
|Restricted funds||||||
|Energy BestDeal||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 Advice Fund|||731|4,791|5,522|
|BEIS|||1,799||1,799|
|GP Partners|||7,350||7,350|
|||6,780|2,814|8,383|17,977|
|TOTAL FUNDS||171,386|(14,823)||156,563|
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|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|(12,650)|7,350|
|||398,786|(395,972)|2,814|
|TOTALFUNDS||536,758|(551,581)|(14,823)|
##
##
||||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|---|
||||for the Year Ended 31March 2022|||
|||||31.3.22|31.3.21|
|INCOME AND||ENDOWMENTS||||
|Donations
and|legacies|||||
|Donations||||2,239|638|
|Grants||||5,078|2,483|
|||||7,317|3,121|
|Investment
income||||||
|Deposit account interest||||1,173|3,472|
|Charitable
activities||||||
|Service level agreements||||234,985|190,376|
|Grants||||330,752|331,612|
|||||565,737|521,988|
|Other income||||||
|Room hire||||3,580|4,450|
|Miscellaneous|income||||425|
|Reimbursements||from CitA|||3,302|
|||||3,580|8,177|
|Total incoming|resources|||577,807|536,758|
|EXPENDITURE||||||
|Charitable
activities||||||
|Wages||||405,943|398,852|
|Pensions||||11,777|10,898|
|Staffexpenses||||752|632|
|Office costs||||26,146|24,967|
|Premises costs||||35,457|22,989|
|Citizens Advice fees||||5,773|7,482|
|Capital equipment||purchases|||9,332|
|Volunteer
travel||||164|114|
|Stafftraining||||1,783|786|
|Advertising||||1,883||
|Legal and Professional||||321|2,895|
|Sundry||||108|425|
|||||490,107|479,372|
|Support costs||||||
|Management||||||
|Wages||||42,432|43,197|
|Pensions||||1,056|895|
|Sundries||||1,458|1,786|
|Camed forward||||44,946|45,878|
##
||for the Year End|ed 31March 2022||
|---|---|---|---|
|||31.3.22|31.3.21|
|Management||||
|Brought forward||44,946|45,878|
|Office support|costs|11,389|17,554|
|Rent and premises costs||6,736|3,214|
|Accountancy||7,840|1,540|
|Payrol
1fees||888|2,851|
|||71,799|71,037|
|Finance||||
|Bank charges||148|101|
|Governance|costs|||
|Trustees' expenses|||191|
|Accountancy|fees|500|500|
|Legal fees||3,445|380|
|||3,945|1,071|
|Total resources|expended|565,999|551,581|
|Net income/(expenditure)||11,808|(14,823)|