##
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|---|---|---|
|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|
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||||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|
##
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##
##
|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|