2021-03-31-accounts

INDEX TO THE FINANCIAI	STATEMENTS
for the year ended 31 March	2021

		Page
Legal and Administrative	Details
Report ofthe Trustees
Report ofthe Independent	Accountants
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements

		Unrestricted	Restricted	2021	2020
		funds	funds	Total	Total
	Notes
Income
Donations		930		930	1,160
Charitable activities:
Grants and contracts	3	12,519	120,079	132,598	103,931
Other trading activities:
Fundraising					336
Investment income		337		337	397
Other income		4,078	1,763	5,841	5,400
Total income		17,864	121,842	139,706	111,224
Expenditure
Charitable activities	6	16,668	98,083	114,751	154,259
Total expenditure		16,668	98,083	114,751	154,259
NET MOVEMENT IN FUNDS		1,196	23,759	24,955	(43,035)
Balances brought forward
as at 1 April 2020		76,348	25,353	101,701	144,736
Balances carried forward
as at 31 March 2021		77,544	49,112	126,656	101,701

BALANCESHEET
as at 31 March 2021
				2021		2020
		Note
FIXEDASSETS
Tangible assets				2,315		966
CURRENT ASSETS
Debtors		12	1,947		3,355
Short term deposits		13	76,146		85,816
Cash at bank and in hand			46,787		14,964
			127,880		104,135
CREDITORS: Amounts	falling
due within one year		14	3,539		3,400
NET CURRENT ASSETS				124,341		100,735
TOTAL ASSETS LESS	CURRENT LIABILITIES			126,656		101,701
FUNDS
Unrestricted		16		77,544		76,348
Restricted		16		49,112		25,353
				126,656		101,701

NKT RESO	URCES EXPENDED FOR THE YEAR
This is stated	after charging:-	2021	2020
Depreciation	—owned assets	677	446
Operating lease rentals		9,000	9,000
Accountants'	charges	1,992	1,956

for th	e year ended 31 March 2021	e year ended 31 March 2021	e year ended 31 March 2021	e year ended 31 March 2021
	GRANTS AND CONTRACTS						Unrestricted	Restricted
							funds	funds	2021	2020
	Revenue grants
	Restricted funds
	SelfAdvocacy and People First
	Postcode Lottery Neighbourhood					Fund		14,472	14,472
	Tesco Bags ofHelp							500	500
	Co-op Community Fund							169	169
	Theatr Wildcats —Ashley		Family			Foundation		1,506	1,506
	PAVO Community Connectors						912		912
	PAVO/PTHB Mental Health				Grant			1,465	1,465
	Powys Welsh Church Acts			Fund				4,948	4,948
	Community Foundation	in		Wales						1,037
	Brecon Rotary Club									495
	PAVO Social Value Fund									4,976
	Citizen advocacy, volunteer		advocacy,				self-advocacy
	and peer advocacy
	Powys County Council							29,139	29,139	29,139
	/ssue Based Advocacy —Housing				and		Support
	Lloyds Bank Foundation							18,924	18,924	18,541
	Healthy Lives Prjoect
	National Lottery Community				Fund			48,956	48,956	48,293
	PAVO Small Health Grant									1,450
	Unrestricted funds
	Powys County Council						10,000		10,000
	HMRC Covid Job Retention			Scheme			1,607		1,607
							12,519	120,079	132,598	]03,931
4.	INVESTMENT INCOME
									2021	2020
	Bank and Building Society	interest							337	397
	OTHER INCOME
									2021	2020
	Facilitation fees									1,000
	Drama income								530
	Event income									449
	HMRC employment allowance								4,000	3,000
	Contributions from members									38
	Theatr Wildcat subscriptions									334
	Sharon Wieland Memorial								870
	Other income								441	579
									5,841	5,400

		re	'v
		eloO e vO h ie	R L 4I n	Cte 0 ) v) W	M go O gp c	v u I o iri	oo n	B	el 2 CCo	eln tp	Total 2021	Total 2020
Costs directly allocated
to activities
Staffcosts		Direct	29,558		27,652		501	30,493	2,078	-	90,282	118,111
Advocate fees		Direct										260
Training costs		Direct						50			50	612
Communications		Direct	443		890		66	1,276			2,675	2,970
Publicity		Direct		61	441			187	248		937	442
Travel		Direct	546		543		113	607	36		1,845	8,443
Room hire &meeting		Direct				38					38	4,068
Art materials &resources		Direct			367		450	279	91		1,187	217
Accountancy fees		Direct						300		1,692	1,992	1,956
Legal &professional	fees	Direct
Quality Assurance		Direct
Bank charges		Direct	160								160	225
Insurance		Direct	645		600			600			1,845	1,843
AGM expenses		Direct										5
Trustee expenses		Direct										289
Event expenses		Direct										1,422
Annual report expenses		Direct										500
Support costs allocated
to activities
Premises		Usage	1,428		4,651		191	4,050			10,320	10,314
Depreciation		Usage	215			97		365			677	446
Office expenses		Usage	363		1,168		84	1,079	49		2,743	2, 136
			33,419		36,447		1,405	39,286	2,502	1,692	114,751	154,259

STAFFCOSTS
		2021	2020
Salaries and wages		81,514	106,003
Social security costs		5,221	8,260
Employer pension	contributions	3,495	4,006
DBSchecks		52	192
		90,282	118,461
No employee earned more than 860,000per annum (2020:nil)

for th	e year ended 31 March 2021	e year ended 31 March 2021	e year ended 31 March 2021
11.	TANGIBLE FIXEDASSETS
							Office
							Equipment	Total
	COST:
	At I April 2020						I6,558	16,558
	Additions						2,026	2,026
	As at 31 March 2021						18,584	18,584
	DEPRECIATION:
	As at I April 2020						15,592	15,592
	Charge forperiod						677	677
	As at 31March 2021						16,269	16,269
	NET BOOKVALUE:
	As at 3 I March 2021						2,315	2,3I5
	As at 31 March 2020						966	966
	All fixed assets held are for charitable			purposes.
]2.	DEBTORS						2021	2020
	Debtors							1,210
	Prepayments						1,947	2,145
							1,947	3,355
13.	SHORT TERM DEPOSITS						2021	2020
							8	8
	Monmouthshire Building		Society				5,076	5,055
	CAF Investment Account						40,215	50,057
	Virgin Money Charity	Deposit Account					30,855	30,704
							76,146	85,816
14.	CREDITORS: AMOUNTS FALLING				DUE WITHIN ONE	YEAR	2021	2020
							8
	Accruals and deferred income						3,454	3,387
	Other creditors						85	13
							3 539	3,400
15.	OPERATING LEASE COMMITMKNTS
	The total future minimum		lease payments		under non-cancellable	operating	leases are as follows:-
							2021	2020
							8
	Expiring within one year						542
	Expiring between one and		five years					9,542

			Balance	Movement in	Movement in	funds	Balance
			asat1				as at 31
			April	Incoming	Outgoing		March
			2020	Resources	Resources	Transfers	2021
Powys People First	Self
Advocacy fund			8,278	1,031	1,573		7,737
Powys County Council		General Advocacy		29,139	28,540		599
New Big Lottery Fund		Powys People
First Fund			632				632
Santander Outdoor	Fund		191		63		]28
Healthy Lives Project			10,284	48,956	39,224		20,016
Theatr Wildcats			3,059	2,907	2,502		3,464
PAVO Small Health	Fund		1,099				1,099
PAVO Social Value	Fund		1,810		1,810
PAVO Mental Health		Fund		1,465	1,405		60
Powys Church Acts	Fund			4,948	661		4,287
Postcode Lottery Fund				14,472	4,480		9,992
Lloyds Bank Foundation				18,924	17,825		1,099
			25,353	121,842	98,083		49,112

		Unrestricted	Restricted	Total
		Funds	Funds	2021
Fund balances	at 31 March 2021 are
represented	by:
Tangible fixed	assets	48	2,267	2,315
Current assets		79,766	48,114	127,880
Current liabilities		(2,270)	(1,269)	(3,539)
		77,544	49,112	]26,656

					2021		2020
							E
INCOME
Donations				930		1,160
Grants and contracts				132,598		103,931
Deposit account	interest			337		397
Fundraising						336
Event income						449
Subscriptions						38
Theatr Wildcat subscriptions						334
Facilitation fees						1,000
Dramaincome				530
HMRC employment			allowance	4,000		3,000
Sharon Wieland	Memorial			870
Other income				441		579
					139,706		111,224
CHARITABLE	EXPENDITURE
Salaries and national			insurance	86,735		113,913
Employer pension		contributions		3,495		4,006
Sessional worker	costs					260
Training and courses				50		612
DBSchecks				52		192
Travelling expenses				1,845		8,444
Telephone				1,674		1,540
Postage				1,001		1,431
Printing and stationery				1,056		922
Art materials and		resources		1,187		217
Computer costs				444		203
Event expenses						1,426
Room hire and meeting expenses				38		4,067
Publicity				937		442
Rent, utilities and		cleaning		]0,320		10,128
Insurance				1,845		1,843
Repairs and maintenance				160		283
Subscriptions				30		70
Sundry expenses				655		212
Equipment hire				399		627
Accountancy				300		300
Bank charges				160		225
Depreciation				677		446
					113,060		151,809
GOVERNANCE		COSTS
Accountants' charges				1,692		1,656
Annual report expenses						500
AGM expenses						5
Trustees* expenses						289
					1,692		2,450
NET SURPLUS/(DEFICIT) FOR THK PERIOD					24,954		(43,035)