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2021-03-31-accounts

Page
Report ofthe Trustees 1 to 6
Report ofthe Independent
Auditors
7 to 10
Statement of Financial Activities
Balance Sheet 12 to 13
Notes tothe Financial Statements 14 to 31
Detailed Statement of Financial Activities 32 to 33

forth e Year End ed 31st March 2021
31.3.21 31.3.20
Unrestricted Restricted Total Tota I
funds funds funds funds
Notes E f 6 E
INCOME AND ENDOWMENTS FROM
Donations
and legacies
214,726 78,719 293,445 409,288
Charitable
activities
General Charitable Activities 367,988 367,988 417,117
Awards 9,000
Investment
income
3 6,196 6,196 4,589
Total 220,922 446,707 667,629 839,994
EXPENDITURE ON
Raising funds 20,000
Charitable
activities
General
Charitable
Activities 68,001 541,895 609,896 705,077
Awards 626
Other 3,093 1,303 4,396 4,591
Total 71,094 543,198 614,292 730,294
Net gains/(lasses) on investments 19,924 19,924 (24,633)
NET INCOME/(EXPENDITURE) 169,752 (96,491) 73,261 85,067
RECONCILIATION OF FUNDS
Total funds brought forward 292,167 98,255 390,422 305,355
TOTAL FUNDS CARRIED FORWARD 461,919 1,764 463,683 390,422

Balance Sheet
31st March 2021
31.3.21 31.3.20
Notes E E
FIXEDASSETS
Tangible assets 13 4,075 5,520
Investments 14 307,014 333,449
311,089 338,969
CURRENT ASSETS
Debtors 15 138,132 93,275
Cash at bank 30,157 167,535
168,289 260,810
CREDITORS
Amounts
falling due within one year
16 (15,695) (146,857)
NET CURRENT ASSETS 152,594 113,953
TOTAL ASSETS LESSCURRENT LIABILITIES 463,683 452,922
CREDITORS
Amounts
falling due after more than one
year 17 (62,500)
NET ASSETS 463,683 390,422
FUNDS 20
Unrestricted
funds
461,919 292,167
Restricted funds 1,764 98,255
TOTAL FUNDS 463,683 390,422

DONATIONS
AND LEGACIES
31.3.21 31.3.20
E E
Donations 4,726 6,285
Grants 288,719 403,003
293,445 409,288

Grants
Unrestricted funds Restricted
funds 31.3.21 31.3.20
E f E f
Moondance 150,000 150,000 184,100
Moondance - Mentoring 50,000 50,000
Prince ofWales Charity Fund 33,250 33,250 17,907
Lloyds Bank Foundation 19,655 19,655 21,752
Coronavirus Job Retention Scheme 25,814 25,814
CCC Small Business Support 10,000 10,000
Powys Workways+ 167,664
UK Finance 5,000
Waterloo Foundation 6,580
210,000 78,719 288,719 403,003
Donations
Donations &gifts 4,726 4,726 6,285
4,726 4,726 409,288
Tota
I
214,726 78,719 293,445 409,288
3. INVESTMENT INCOME
31.3.21 31.3.20
E E
Deposit account interest 22 33
Investment account income 6,174 4,556
6,196 4,589

31.3.21 31.3.20
General
Charitable Tota I Tota
I
Activities Awards Activities Activities
f E E E
Activities for generating funds 9,000
Grants
WCVA 23984 18,405
WCVA 23997 184,184
WCVA 24282 308,573 308,573 214,528
WCVA 26882 59,415 59,415
367,988 367,988 426,117
5. RAISING FUNDS
Raising donations and legacies
31.3.21 31.3.20
f f
PCC Workways+ Match Funding 20,000
6. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 7) note 8) Totals
E E E
General Charitable Activities 554,493 55,403 609,896

DIRECT COST S O F CHARITABLE ACTIVITIES
31.3.21 31.3.20
E 6
Staff costs 546,098 575,782
Travelling 6,273 50,066
Accommodation &subsistence 934 6,403
Meeting facilities 2,121
Training & workshops 1,140 5,237
Discretionary funding 48 2,604
554,493 642,213

SUPPORT COSTS
Governance
Management costs Tota Is
6 E E
Other resources expended 4,396 4,396
General Charitable Activities 49,167 6,236 55,403
53,563 6,236 59,799

31.3.21 31.3.20
Other General
resources Charitable Total Total
expended Activities activities activities
E 6 E f
Rent, rates and water 17,264 17,264 17,038
Insurance 2,421 2,421 2,260
Light and heat 2,026 2,026 3,097
Telephone 9,152 9,152 11,731
Postage and stationery 4,987 4,987 6,923
Marketing 918 918 952
Sundries 69 69 2,315
Subscriptions 2,291 2,291 2,343
Computer 8 website costs 5,333 5,333 3,141
Repairs 8 renewals 2,026 2,026 5,607
Depreciation oftangible and heritage
assets 4,396 4,396 4,591
Bank charges 146 146 148
Investment management fees 2,534 2,534 1,947
4,396 49,167 53,563 62,093

31.3.21 31.3.20
Genera I
Charitable Total
Activities activities
E E
Auditors' remuneration 4,440 3,960
Legal & professional fees 1,796 2,028
6,236 5,988
31.3.21 31.3.20
E f
Auditors' remuneration 4,440 3,960
Depreciation -owned assets 4,396 4,591
Pension Costs 23,835 24,457

Staff Costs 31.03.2021 31.03.2020
Wages &Salaries 481,264 506,813
Social Security 40,998 44,513
Pension 23,835 24,457
546 097 575 783
31.3.21 31.3.20
Chief Executive 1 1
Director ofOperations 1 1
Finance Manager 1 1
Project Manager 1 1
Mentor Co-Ordinator 1
Administration
and Human
Resources 2 3
Development
Officers
11 12
Communications
Co-Ordinator
1
18 20
31.3.21 31.3.20
680,001 - E90,000 1 1
COMPARA TIVES
FO
R THE STA TEMENT OF FINAN CIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
E E E
INCOME AND ENDOWMENTS FROM
Donations and legacies 190,385 218,903 409,288
Charitable activities
General Charitable Activities 417,117 417,117
Awards 9,000 9,000
Investment income 4,589 4,589
Total 203,974 636,020 839,994
Notes to the Financial Statements - continued
for the Year Ended 31st March 2021
Notes to the Financial Statements - continued
for the Year Ended 31st March 2021
Notes to the Financial Statements - continued
for the Year Ended 31st March 2021
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
E E E
EXPENDITURE ON
Raising funds 20,000 20,000
Charitable
activities
General Charitable Activities 94,204 610,873 705,077
Awards 626 626
Other 2,521 2,070 4,591
Total 97,351 632,943 730,294
Net gains/(losses) on investments (24,633) (24,633)
NET INCOME 81,990 3,077 85,067
RECONCILIATION OF FUNDS
Total funds brought forward 210,178 95,177 305,355
TOTAL FUNDS CARRIED FORWARD 292,168 98,254 390,422

TANGIBLE FIXEDASSETS
Fixtures
Exhibition and Office
equipment fittings equipment Tota Is
E E E f
COST
At 1st April 2020 6,024 9,008 29,119 44,151
Additions 1,062 1,889 2,951
At 31st March 2021 6,024 10,070 31,008 47,102
DEPRECIATION
At 1st April 2020 6,024 8,824 23,783 38,631
Charge for year 306 4,090 4,396
At 31st March 2021 6,024 9,130 27,873 43,027
NET BOOK VALUE
At 31st March 2021 940 3,135 4,075
At 31st March 2020 184 5,336 5,520
FIXEDASSET INVESTMENTS
Cash and
Listed settlements
investments pending Totals
E E E
MARKET VALUE
At 1st April 2020 322,689 30,020 352,709
Additions 24,874 24,874
Disposals (20,392) (52,534) (72,926)
At 31stMarch 2021 302,297 2,360 304,657
PROVISIONS
At 1st April 2020 19,260 19,260
Revaluation
provision for year
(19,861) (19,861)
Eliminated
on disposal
(1,756) (1,756)
At 31stMarch 2021 (2,357) (2,357)
NET BOOK VALUE
At 31stMarch 2021 304,654 2,360 307,014
At 31st March 2020 303,429 30,020 333,449

15. DEBTORS:AMOUNTS DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
E 6
Trade debtors 132,681 87,977
Other debtors 2,230 2,230
Prepayments 3 221 3,068
138,132 93,275
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
E 6
Trade creditors 1,630 4,431
Social security and other taxes 7,774 11,402
Deferred income 121,405
Accrued expenses 6,291 9,619
15,695 146,857
17. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.21 31.3.20
f E
Deferred income 62,500
18. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.21 31.3.20
E f
Within one year 10,248 10,040
Between one and five years 12,542
22,790 10,040

19. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.3.21 31.3.20
Unrestricted Restricted Total Total
funds funds funds funds
f E f E
Fixed assets 3,311 764 4,075 5,520
Investments 307,014 307,014 333,449
Current assets 167,289 1,000 168,289 260,810
Current
liabilities
(15,695) (15,695) (146,857)
Long term liabilities (62,500)
461,919 1,764 463,683 390,422
20. MOVEMENT
IN FUNDS
Net Transfers
movement between At
At 1.4.20 in funds funds 31.3.21
E E E f
Unrestricted
funds
General fund (41,282) 146,187 50,000 154,905
Designated
Walker Crips Investment
Fund 333,449 23,565 (50,000) 307,014
292,167 169,752 461,919
Restricted funds
Lloyds Bank Foundation 15,946 (15,946)
UK Finance 3,250 (3,250)
PCC Workways
+
70 (70)
WCVA 23984 Flintshire gr Wrexham 273 (137) 136
WCVA 23997Bridgend, NPT, Rhondda,
Caerphilly,
Denbighshire,
etc. 40,598 (40,096) 502
Prince ofWales Charity Foundation
17,908 (17,908)
Moondance
Foundation
1,944 (1,944)
Prince ofWales Charity Fund-
Rebranding
Grant
1,000 1,000
WCVA 24282 Prime People Plus 17,266 (17,140) 126
98,255 (96,491) 1,764
TOTAL FUNDS 390,422 73,261 463,683

Incoming Resources Gains and Movement
resources
6
expended
f
losses
E
in funds
E
Unrestricted
funds
General fund 214,747 (68,560) 146,187
Designated
Walker Crips
Investment
Fund 6,175 (2,534) 19,924 23,565
220,922 (71,094) 19,924 169,752
Restricted funds
Lloyds Bank Foundation 19,656 (35,602) (15,946)
UK Finance (3,250) (3,250)
PCC Workways
+
(70) (70)
WCVA 23984 Flintshire & Wrexham (137) (137)
WCVA 23997Bridgend, NPT, Rhondda,
Caerphilly,
Denbighshire,
etc. (40,096) (40,096)
Prince ofWales Charity Foundation
33,250 (51,158) (17,908)
Moondance
Foundation
(1,944) (1,944)
WCVA 24282 Prime People Plus 308,572 (325,712) (17,140)
WCVA 26882 Prime People East 59,414 (59,414)
Coronavirus
Job Retention
Scheme 25,815 (25,815)
446,707 (543,198) (96,491)
TOTALFUNDS 667,629 (614,292) 19,924 73,261

Net Transfers
movement between At
At 1.4.19 in funds funds 31.3.20
E E E E
Unrestricted
funds
General fund (65,295) (45,987) 70,000 (41,282)
Moondance 150,000 (150,000)
Designated
Walker Crips Investment
Fund 275,473 (22,024) 80,000 333,449
210,178 81,989 292,167
Restricted funds
Lloyds Bank Foundation 15,946 15,946
UK Finance 3,250 3,250
Powys County Council 763 (763)
PCC Workways
+
20,497 (20,427) 70
WCVA 23984 Flintshire gr Wrexham 411 (138) 273
WCVA 23997 Bridgend, NPT, Rhondda,
Caerphilly,
Denbighshire,
etc. 67,312 (26,714) 40,598
Prince ofWales Charity Foundation
17,908 17,908
Moondance
Foundation
1,944 1,944
Prince ofWales Charity Fund-
Rebranding
Grant
1,000 1,000
WCVA 24282 Prime People Plus 17,266 17,266
95,177 3,078 98,255
TOTAL FUNDS 305,355 85,067 390,422

Incoming Resources Gains and Movement
resources expended losses in funds
6 E E E
Unrestricted
funds
General fund 15,318 (61,305) (45,987)
Moondance 184,100 (34,100) 150,000
Designated
Walker Crips Investment
Fund 4,556 (1,947) (24,633) (22,024)
203,974 (97,352) (24,633) 81,989
Restricted funds
Lloyds Bank Foundation 21,752 (5,806) 15,946
UK Finance 5,000 (5,000)
Powys County Council (763) (763)
PCC Workways
+
167,664 (188,091) (20,427)
WCVA 23984 Flintshire &Wrexham 18,405 (18,543) (138)
WCVA 23997Bridgend, NPT, Rhondda,
Caerphilly,
Denbighshire,
etc. 184,183 (210,897) (26,714)
Prince ofWales Charity Foundation
17,908 17,908
Waterloo Foundation 6,579 (6,579)
WCVA 24282 Prime People Plus 214,529 (197,263) 17,266
636,020 (632,942) 3,078
TOTAL FUNDS 839,994 (730,294) (24,633) 85,067

Net Transfers
movement between At
At 1.4.19 in funds funds 31.3.21
E E E E
Unrestricted
funds
General fund (65,295) 100,200 120,000 154,905
Moondance 150,000 (150,000)
Designated
Walker Crips Investment
Fund 275,473 1,541 30,000 307,014
210,178 251,741 461,919
Restricted funds
UK Finance 3,250 (3,250)
Powys County Council 763 (763)
PCC Workways+ 20,497 (20,497)
WCVA 23984 Flintshire &Wrexham 411 (275) 136
WCVA 23997 Bridgend, NPT, Rhondda,
Caerphilly,
Denbighshire,
etc. 67,312 (66,810) 502
Moondance
Foundation
1,944 (1,944)
Prince ofWales Charity Fund-
Rebranding
Grant
1,000 1,000
WCVA 24282 Prime People Plus 126 126
95,177 (93,413) 1,764
TOTAL FUNDS 305,355 158,328 - 463,683

Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted
funds
General fund 230,065 (129,865) 100,200
Moondance 184,100 (34,100) 150,000
Designated
Walker Crips Investment
Fund 10,731 (4,481) (4,709) 1,541
424,896 (168,446) (4,709) 251,741
Restricted funds
Lloyds Bank Foundation 41,408 (41,408)
UK Finance 5,000 (8,250) (3,250)
Powys County Council (763) (763)
PCC Workways+ 167,664 (188,161) (20,497)
WCVA 23984 Flintshire &Wrexham 18,405 (18,680) (275)
WCVA 23997Bridgend, NPT, Rhondda,
Caerphilly,
Denbighshire,
etc. 184,183 (250,993) (66,810)
Prince ofWales Charity Foundation
51,158 (51,158)
Waterloo Foundation 6,579 (6,579)
Moondance
Foundation
(1,944) (1,944)
WCVA 24282 Prime People Plus 523,101 (522,975) 126
WCVA 26882 Prime People East 59,414 (59,414)
Coronavirus
Job Retention Scheme
25,815 (25,815)
1,082,727 (1,176,140) (93,413)
TOTAL FUNDS 1,507,623 (1,344,586) (4,709) 158,328

for the Year Ended 31 st March 2021
31.3.21 31.3.20
f f
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 4,726 6,285
Grants 288,719 403,003
293,445 409,288
Investment
income
Deposit account interest 22 33
Investment
account income
6,174 4,556
6,196 4,589
Charitable
activities
Activities for generating fund 9,000
Grants 367,988 417,117
367,988 426,117
Total incoming
resources
667,629 839,994
EXPENDITURE
Raising donations and legacies
PCC Workways+ Match Funding 20,000
Charitable
activities
Wages 485,104 506,812
Social security 37,158 44,514
Pensions 23,836 24,456
Travelling 6,273 50,066
Accommodation &subsistence 934 6,403
Meeting facilities 2,121
Training
ik workshops
1,140 5,237
Discretionary
funding
48 2,604
554,493 642,213
Support costs
Management
Rent, rates and water 17,264 17,038
Carried forward 17,264 17,038

Detailed Statement of Financial Activities
for the Year Ended 31st March 2021
31.3.21 31.3.20
E E
Management
Brought forward 17,264 17,038
Insurance 2,421 2,260
Light and heat 2,026 3,097
Telephone 9,152 11,731
Postage and stationery 4,987 6,923
Marketing 918 952
Sundries 69 2,315
Subscriptions 2,291 2,343
Computer
&website
costs 5,333 3,141
Repairs &renewals 2,026 5,607
Plant and machinery 78
Fixtures and fittings 306 134
Office Equipment 4,090 4,379
Bank charges 146 148
Investment
management
fees 2,534 1,947
53,563 62,093
Governance costs
Auditors'
remuneration
4,440 3,960
Legal &professional fees 1,796 2,028
6,236 5,988
Total resources expended 614,292 730,294
Net income before gains and losses 53,337 109,700
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments 63 (6,146)
Net income 53,400 103,554