2021-03-31-accounts - Diverse Excellence Cymru

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							Page
Trustees' annual report (incorporating				the	director's	report)
Independent	auditor's	report to	the members
Statement	offinancial	activities	(including		income and
expenditure	account)						13
Statement	offinancial	position					14
Statement	ofcash flows						15
Notes to the financial		statements					16

Reference	and adm	inistrative	inistrative	details	details	details
Registered	charity	name		Diverse Excellence Cymru			Limited
Charity registration		number		1142159
Company	registration		number	7058600
Principal office and		registered		Alexandra House
office				3rd Floor
				307- 315Cowbridge		Road	East
				Cardiff
				CF5 1JD
The trustees
				Ms J Jones (Francois)
				Mr JWilliams
				Mr BCoates
				Ms H Dodoo
				Ms R Gibson
				Mr P Majithia		(Appointed		28 September	2021)
				Ms L Perry		(Appointed		28July 2020)
				Ms H Roberts		(Appointed		28July 2020)
				Ms EAure		(Resigned		27 July 2021)
				Mr A Quinn Aziz Ms SRees		(Resigned (Appointed		10November 2020) 28July 2020 Resigned 27July 2021)
Auditor				Jonathan Rhodes BScBFP			FCA
				Walter Hunter	&Co Limited
				Chartered accountants		& statutory		auditor
				24 Bridge Street
				Newport
				South Wales
				NP20 4SF

						Page
Trustees' annual report (incorporating			the	director's	report)
Independent auditor's	report to	the members
Statement offinancial	activities	(including		income and
expenditure account)						13
Statement offinancial	position					14
Statement ofcash flows						15
Notes to the financial	statements					16

						2021		2020
					Unrestricted	Restricted
				Note	funds 6	funds 6	Total funds 6	Total funds f
Income and endowments
Donations and	legacies			5	2,556		2,556	994
Charitable activities				6		323,646	323,646	267,746
Other Income				7	15847	1,250	17,097	4,542
Direct Payments				7	1,095,280		1,095,280	1,043,802
Total income					1,113,683	324,896	1,438,579	1,317,084
Expenditure
Expenditure on	charitable		activities	8,9	879,232	324,896	1,204,128	1,178,773
Total expenditure					879,232	324,896	1,204,128	1,178,773
Net income					234,451		234,451	138,311
Transfers between		funds		14	75,449	(75,449)
Net movement	in funds				309,900	(75,449)	234,451	138,311
Reconciliation	offunds
Total funds brought		forward		20	425,662	75,449	501,111	362,800
Total funds carried		forward			735,562		735,562	501,111

31 March 2021
				2021		2020
			Note	6
Fixed assets
ILS Database			15		38,554	41,338
Tangible fixed assets			16		1,867	5,448
					40,421	46,786
Current assets
Debtors			17	227,867		138,554
Cash at bank and	in	hand		603,570		377,271
				831,437		515,825
Creditors: amounts		falling due within one year	18	136,296		61,500
Net current assets					695,141	454,325
Total assets less	current liabilities				735,562	501,111
Net assets					735,562	501,111
Funds ofthe chadty
Restricted funds						75,449
Unrestricted funds					735,562	425,552
Total charity funds			20		735,562	501,111

Year ended	31 March 2	021
				2021	2020
					F
Cash flows from operating		activities
Net income				234,451	138,311
Adjustments for:
Depreciation oftangible fixed		assets		3,581	9,011
Amortisation of ILS Database				2,784	2,790
Interest payable	and similar charges			9,850	8,156
Accrued expenses/(income)				90,006	(13,466)
Changesin:
Trade and other	debtors			(131,535)	31,876
Trade and other	creditors			27,012	(12,023)
Cash generated	from operations			236,149	164,655
Interest paid				(9,850)	(8,156)
Net cash from operating activities				226,299	156,499
Net increase in	cash and cash equivalents			225,299	156,499
Cash and cash	equivalents	at beginning	ofyear	377,271	220,772
Cash and cash	equivalents	at end ofyear		603,570	377,271

required in the event of the com one year thereaRer. There are 9 Donations and legacies	pany being wound up whilst he or sh members ofthe company.	e is still a me	mber	or within
	Unrestricted	Restricted	Total	Funds
	Funds f	Funds		2021 6
Donations	2,556			2,556
	Unrestricted	Restricted	Total	Funds
	Funds 6	Funds f		2020
Donations	994			994

Bridgend County Direct Payments.	Council	s a	nd	Newport	City Council	to assist servic	e users with	all aspects o
					Restricted	Total Funds	Restricted	Total Funds
					Funds	2021	Funds	2020
					E	E		E
Policy Training					14,000	14,000	12,702	12,702
Policy Management					3,450	3,450	36,864	36,864
Social Care Wales	- Policy project				6,760	6,760
Creu Cymru /ACW					5,518	5,518	5,518	5,518
Cardiff &Vale University		Local		Health
Board Mental Health Grant					66,597	66,597	66,597	66,597
Cardiff University SLA					3,300	3,300
Vale ofGlamorgan					18,041	18,041	17,515	17,515
Welsh Government	Section 64				97,642	97,642	98,339	98,339
Welsh Government	toolkit				8,594	8,594	9,646	9,646
Welsh Government	-Cultural
Competency Certification					13,508	13,508
Welsh Government	- Mental		Health
Recovery Support	Fund				16,317	16,317
Wales Public Body	Equality						5,200	5,200
Natural Resources	Wales				1,986	1,986
Swansea University	- Equality			and
Human Rights Research					19,363	19,363
WCVA- Advocacy					19,773	19,773
HAFAL Newport - Mental		Health
Project					28,797	28,797
Data Cymru - SHEP							10,850	10,850
Dementia Friendly	Communities						4,515	4,515
					323,646	323,646	267,746	267,746

7. Other income	7. Other income	(uonr(nues	(uonr(nues
						Direct Other	Income	Total
				Payments				Unrestricted	Restricted Total Funds
								Funds	Funds f	2020 f
Service user involvement training							2,695	2,695		2,695
Other Income							633	633	1,214	1,847
Race Equality Management
West Wales - Direct Payments					932,923			932,923		932,923
Newport - Direct Payments					38,928			38,928		38,928
Bridgend - Direct Payments					71,951			71,951		71,951
				1,043,802			3,328	1,047,130	1,214	1,048,344
8. Expenditure on charitable					activities by fund type
								Unrestricted	Restricted	Total Funds
								Funds f	Funds f	2021 f
Policy Training									7,598	7,598
Policy Management								42,872	1,877	44,749
Creu Cymru									4,932	4,932
Cardiff and Vale University		Health	Board Mental Health				Grant		46,291	46,291
Vale of Glamorgan									16,127	16,127
Welsh Government	Section	64							79,494	79,494
Welsh Government	Toolkit							2,400	8,594	10,994
Welsh Government	—Mental Health			Recovery Support			Fund		6,619	8,619
Welsh Government	Cultural	Competency				Certification			13,508	13,508
Wales Public Body	Equality
Data Cymru /SHEP
Dementia Friendly	Communities
Swansea University	—Equality and		Human			Rights Research			10,500	10,500
Natural Resource Wales									1,966	1,986
HAFAL Newport									24,225	24,225
EHRC PSED
Training
Direct Payments -Bridgend Direct Payments - Newport								26,760 26,725		26,760 28,725
Direct Payments -West Wales								359,817		359,817
Fundraising and Projects
Social Care Wales									3,669	3,669
WCVA Advocacy									17,675	17,675
Cardiff University									1,793	1,793
Supportcosts								416,658	78,008	496,666
								879,232	324,896	1,204,128

					Unrestricted	Restricted	Total
					Funds	Funds	Funds 2020
					E	6	6
Policy Training						16,484	16,484
Policy Management						34,325	34,325
Crau Cymru						5,518	5,518
Cardiff and Vale University		Health Board Mental		Health Grant		47,709	47,709
Vale of Glamorgan						26,077	26,077
Welsh Government	Section	64				80,305	80,305
Welsh Government	Toolkit					9,646	9,646
Welsh Government	Mental	Health Support	Fund
Welsh Government	Cultural	Competency	Certification
Wales Public Body	Equality					5,200	5,200
Data Cymru /SHEP						10,850	10,850
Dementia Friendly	Communities					4,515	4,515
Swansea University	—Equality and Human		Rights Research
Natural Resource Wales
HAFAL Newport
EHRC PSED						6,378	6,378
Training					1,981		1,981
Direct Payments - Bridgend					45,422		45,422
Direct Payments Newport					29,530		29,530
Direct Payments -West Wales					528,043		528,043
Fundraising and projects					18,934		18,934
Social Care Wales
WCVA Advocacy
Cardiff University
Support costs					307,856		307,856
					931,766	247,007	1,178,773

Expenditure on c	haritable	a	ctivities	by activity typ	e
				Activities
				undertaken		Total funds	Total fund
				directly f	Support costs F	2021 6	2020 5
Policy Training				7,598	6,402	14,000	16,484
Policy Management				44,749	1,573	46,322	34,325
Creu Cymru				4,932	586	5,518	5,518
Cardiff and Vale University		Health
Board Mental Health Grant				46,291	21,556	67,847	47,709
Vale ofGlamorgan				16,127	1,914	18,041	26,077
Welsh Government	Section	64		79,494	18,148	97,642	80,305
Welsh Governinent	Toolkit			10,994		10,994	9,646
Welsh Government	—Mental		Health
Recovery Support	Fund			8,619	7,698	16,317
Welsh Government	Cultural
Competency Certification				13,508		13,508
Wales Public Body	Equality						5,200
Data Cymru ISHEP							10,850
Dementia Friendly	Communities						4,515
Swansea University	—Equality		and
Human Rights Research				10,500	8,863	19,363
Natural Resource Wales				1,986		1,986
HAFAL NewPort				24,225	4,572	28,797
EHRC PSED							6,378
Training							1,981
Direct Payments -	Bridgend			26,760		26,760	45,422
Direct Payments Newport				28,725		28,726	29,530
Direct Payments -	West Wales			359,817	133,246	493,063	528,043
Funding & Project	Management						55,570
Social Care Wales				3,669	3,091	6,760
WCVA Advocacy				17,675	2,098	19,773
Cardiff University				1,793	1,507	3,300
Central Costs					285,412	285,412	271,220
				707,462	496,666	1,204,128	1,178,773

			2021 f	2020
Amortisation	of ILSdatabase		2,784	2,790
Depreciation	oftangible	fixed assets	3,581	9,011
Auditors Remuneration			6,258	6,072

Auditors Remunerati Staff costs	on					, 6,258 , 6,072	, 6,258 , 6,072
The total staff costs	and	employee		benefits for the reporting		period are analysed as follows;
						2021 f	2020 f
Wages and salaries						869,858	809,366
Social security costs						59,336	67,080
Employer contributions		to pension		plans		20,440	18,365
						949,634	894,811
The average head count ofemployees					during the year was	40 (2020:41).The average number of
full-time equivalent	employees		during		the year is analysed	as follows:
						2021	2020
						No.	No.
Number ofstaff						37	38

There were f75,449 transfers between funds during th unrestricted funds (2020:r4,819). Intangible assets	e year reapportioning earlier year
	ILSDatabase f
Cost
At 1 April 2020 and 31 March 2021	55,797
Amortisation
At 1 April 2020	14,459
Charge for the year	2,784
At 31Ilarch 2021	17,243
Carrying amount
At 31 March 2021	38,554
At 31 March 2020	41,338

16.	Tangible fixed asse	ts
			Leasehold	Fixtures and
			property	fittings	Equipment	Total
			F	5		6
	Cost
	At 1 April 2020 and	31 March 2021	5,307	14,939	89,225	109,471
	Depreciation
	At 1 April 2020		5,307	14,939	83,777	104,023
	Charge for the year				3,581	3,581
	At 31 March 2021		5,307	14,939	87,358	107,604
	Carrying amount
	At 31 March 2021				1,867	1,867
	At 31 March 2020				5,448	5,448
17.	Debtors
					2021	2020
						f
	Trade debtors				220,157	80,246
	Prepayments and accrued income				7,710	58,308
					227,867	138,554
18.	Creditors: amounts	falling due within	one year
					2021	2020 f
	Trade creditors				9,652	2,200
	Accruals and deferred	income			90,550	42,767
	Social security and other taxes				15,506	16,533
	Other creditors				20,588
					136,296	61,500

Unrestri	cted funds
			At				At 31 March
		1	April 2020	Income	Expenditure	Transfers	2021
			E	F
General	funds		425,662	1,113,683	(879,232)	75,449	735,562
			At				At 31 March
		1	April 2019 F	Income F	Expenditure	Transfers f	2020
General	funds		314,123	1,048,124	(931,766)	(4,819)	425,662

Analysis ofcharitable f	unds (continuedj
Restricted funds
	At				At 31 March
	1 April 2020	Income f	Expenditure F	Transfers	2021 f
Welsh Government-
Section 64	37,179	97,642	(97,642)	(37,179)
Vale ofGlamorgan		18,041	(18,041)
Cardiff University		3,300	(3,300)
Creu Cymru		5,518	(5,518)
Swansea University—
Equality and Human
Rights Research		19,363	(19,363)
Natural Resource Wales		1,986	(1,986)
HAFAL Newport		28,797	(28,797)
Cardiff and Vale
University Health Board
- Mental Health Grant	38,270	67,847	(67,847)	(38,270)
Welsh Government—
Mental Health Recovery
Support Fund		16,317	(16,317)
WCVA - Advocacy		19,773	(19,773)
Dementia friendly
communities
Welsh Government
Toolkit		8,594	(8,594)
Wales Public Body
Equality
Data Cymru
PSED (EHRC)
Policy Training		14,000	(14,000)
Policy Management		3,450	(3,450)
Social Care Wales		6,760	(6,760)
Welsh Government
Cultural Competency
Certification		13,508	(13,508)
	75,449	324,896	(324,896)	(75,449)

Yea	r ended 31 March 2021
20.	Analysis ofcharitable funds	(conf(need)
		At				At 31 INarch
	1 April 2019		Income	Expenditure	Transfers	2020
		6			E
	Welsh Government-
	Section 64	19,145	98,339	(80,305)		37,179
	Vale of Glamorgan		17,515	(26,077)	8,562
	Social Care Wales
	Cardiff University
	Creu Cymru		5,518	(5,518)
	Swansea University—
	Equality and Human
	Rights Research
	Natural Resource Wales
	HAFAL Newport
	Cardiff and Vale
	University Health Board
	- Mental Health Grant	19,382	66,597	(47,709)		36,270
	Welsh Government—
	Mental Health Recovery
	Support Fund	1,204			(1,204)
	WCVA - Advocacy
	Dementia friendly
	communities		4,515	(4,515)
	Welsh Government
	Toolkit		9,646	(9,646)
	Wales Public Body
	Equality		5,200	(5,200)
	Data Cymru		10,850	(10,850)
	PSED (EHRC)	6,378		(6,378)
	Policy Training	2,568	13,916	(16,484)
	Policy Management		36,864	(34,325)	(2,539)
	Social Care Wales
		48,677	268,960	(247,007)	4,819	75,449

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
			F	6
ILS Database		38,554		38,554
Tangible	fixed assets	1,867		1,867
Current	assets	695,141		695,141
Net assets		735,562		735,562
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		8
ILS Database		41,338		41,338
Tangible	fixed assets	5,448		5,448
Current	assets	378,876	75,449	454,325
Net assebt		425,662	75,449	501,111

22.	Funds received as	Funds received as	Funds received as	agent or	agent or	held as custodian	trustee
	At the year end the			charity		held the following	amounts	as custodian	trustee on	behalf of the
	Managed		Payments	Scheme:
									2021	2020
									6
	Carmarthenshire County				Council				27	1,596,350
	Ceredigion		County Council						2,760	611,511
	Bridgend		County Council						671,003	467,418
	Newport	City Council							272,938	229,902
	Pembrokeshire County Council								42	493,130
	Other								3,990	13,417
23.	Analysis		ofchanges	in	net debt

Analy	sis	ofch	an	ges in	net debt
										At
						At 1 Apr	2020	Cash flows		31 Mar 2021
									6
Cash	at bank and			in hand		377,271			225,299	603,570
Operating		lease		commitments
The total		future	minimum		lease payments	under non-cancellable	operating		leases are as follows;
									2021	2020
									6
Within	1 year								35,000
Later	than	5years							13,056	44,600