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|||||31.3.21|31.3.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|full&is|funds|funds|fundsI|
|INCOME AND ENDOWMENTS FROM||||||
|Donations
and legacies|2|114,008|3,924|117,932|70,644|
|Charitable
activities||||||
|Audio Service||8,853||8,853|11,163|
|Bangor Resources Centre||1,949|19,800|21,749|26,027|
|Rehabilitation
Service|||11$,593|118,593|118,593|
|Other trading activities
Investment
income|3
4|7,966
~53 452||7,966
53,452|29,254
80,200|
|Total||186,228|142/16|328,544|335,881|
|EXPENDITURE ON||||||
|Raising funds||9,716||9,716|28,511|
|Charitable
activities||||||
|Audio Service||34,891||34,891|43,042|
|Bangor Resources Centre||220,623|30,$55|251,478|239,965|
|Rehabilitation
Service|||124,593|124,593|124,108|
|Dr Rhydian
James Grant Fund|||||250|
|Total||265,230|155,448|420,678|435,876|
|Net gains/(losses)
on investments||~443
53||~443
53|1162.2591|
|NET INCOME/(EXPENDITURE)||364,351|(13&132)|351,219|(262,254)|
|Transfers between
funds|19|~5.645|5,645|||
|Other recognised
gains/(losses)||||||
|Actuarial
gains/(losses)
on defined benefit
schemes||137,000||~&37,0001|193,000|
|Net movement
in funds||221,706|(7&487)|214,219|(69,254)|
|RECONCILIATION
OFFUNDS||||||
|Total funds brought
forward||1,938,444|65,740|2,004,184|2,073,438|
|TOTAL FUNDS CARRIED FORWARD||2 1611150|50253|2210403|2004184|
##
##
|||||31,3.21|31.3.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIKEDASSETS||||||
|Tangible assets|14|136,048|520|136,568|141,625|
|Investments|15|2,438,598||2 438 590|2 017439|
|||2,574,646|520|2,575,166|2,229,064|
|CURRENT ASSETS||||||
|Stocks|16|22,842||22,842|24,222|
|Debtors|17|11)968||11,968|2,820|
|Cash at bank||125,298|65,831|191129|151,286|
|||160,108|65,831|225,939|178,328|
|CREDITORS||||||
|Amounts
falling due within one year|18|(11,605)|(8,097)|(19,702)|(7,208)|
|NET CURRENT ASSETS||148 5113|57,734|~206 37|171 120|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||2,723,149|58,254|2,781,403|2,400,184|
|PENSION LIABILITY|20|(563,000)||(563)000)|(396,000)|
|NET ASSETS||2,160.149|~58 254|2,210,41)3|F 114.184|
|FUNDS|19|||||
|Unrestricted
funds||||2,160,149|1,938,444|
|Restricted funds||||58&254|65,740|
|TOTAL FUNDS||||2,218,403|2 004184|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|DONATION|S
AND LEGACIES|||
|---|---|---|---|
|||31.3.21|31.3.20|
|Donations||10,407|28,214|
|Gifi aid||6,580||
|Legacies||40,537|40,507|
|Coronavirus|grants|57,639||
|Other grants||2&769|1,808|
|Sundry income|||115|
|||117,932|70,644|
##
##
||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|
||Sales-resources
income||||5,863|14,039|
||Sales-volunteers'
shop||||2,103|14,315|
||Training|||||900|
||||||7&966|29,254|
|4.|INVESTMENT INCOME||||||
||||||31.3.21|31.3.20|
||Rents received|||||835|
||Investment
income||||~53451|79,365|
||||||~53451|80,200|
|5.|INCOME FROM|CHARITABLE|ACTIVITIES||||
||||Unrestricted|Restricted|313.21|31.3.20|
||||8||||
||Audio and Talking|Book Service|$,853||8,$53|11,163|
||Cyngor Gwynedd|Council||75,035|75,035|75,035|
||Cyngor Sir Ynys Mon|||43,558|43,558|43,558|
||Wales Council for|the Blind||||6,000|
||Royal Society for Blind Children|||4,800|4,$00|6,789|
||Access to Work grant||1,949||1,949|13,238|
||Betsi Cadwaladr|||15,000|15000||
||Total||10,794|138893|149,195|155,783|
|6.|RAISING FUNDS||||||
||Other trading activities||||||
||||||31.3.21|31.3.20|
||Purchases||||8&505|26,807|
||Fundraising
activities||||1,211|1,704|
||||||9,716|28,511|
##
|||||||Grant|||
|---|---|---|---|---|---|---|---|---|
|||||||funding of|||
|||||||activities|Support||
|||||Direct||(see note|costs (see||
|||||Costs||8)|note 9)|Totals|
|||||8|||||
||Audio Service|||34,752|||139|34,891|
||Bangor Resources Centre|||216,474||2,$19|32,185|251,478|
||Rehabilitation||Service|~124|146||447|124,593|
|||||~375|372|2,819|~32 771|~410962|
|8.|GRANTS PAYABLE||||||||
||||||||31.3.21|31.3.20|
||Bangor Resources Centre||||||2,$19|2,368|
||Dr Rhydian|James Grant Fund||||||250|
||||||||~2819|2,61$|
|9.|SUPPORT|COSTS|||||||
||||||||Governance||
|||||Management||Other|costs|Totals|
||Audio Service|||||139||139|
||Bangor Resources Centre|||23,241||4,744|4,200|32,1$5|
||Rehabilitation||Service||274|173||447|
|||||23&515||5,056|4,200|32,771|
|||||31.3.21|31.3.20|
|---|---|---|---|---|---|
|Independent|examination ofthe|accounts||4,200|4,200|
|Depreciation|-owned assets|||5,057|5,607|
|Deficit on disposal offixed assets|||||381|
|Independent|examiners'
remuneration||for payroll services|1,690|1,541|
##
##
##
|STAF|FCOSTS|||
|---|---|---|---|
|||31.3.21|31.3.20|
|Wages|and salaries|243,431|230,673|
|Social|security costs|16,928|17,265|
|Other|pension costs|47,660|59,011|
|||~308019|306,949|
|The average|monthly
number ofemployees
during the y|ear was as follows:||
|---|---|---|---|
|||31.3.21|31.3.20|
|Manager||1|I|
|Direct Charitable||8|8|
|Administration|snd Support|1|I|
|Development|Oscar|1|I|
||||31/03/2021|31/03/2020|
|---|---|---|---|---|
|Defined|Benefit|Scheme|8|8|
|13.|COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES|COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
||INCOME AND ENDOWMENTS FROM||||
||Donations
and legacies|70,529|115|70,644|
||Charitable
activities||||
||Audio Service|11,163||11,163|
||Bangor Resources Centre|13,238|12,789|26,027|
||Rehabilitation
Service||118,593|118,593|
||Other nading activities|28,354|900|29,254|
||Investment
income|80201||80 201|
||Total|203,485|132,396|335,881|
||EXPENDITURE ON||||
||Raising funds|28,511||28,511|
||Charitable
activities||||
||Audio Service|43,042||43,042|
||Bangor Resources Centre|219,651|20,314|239,965|
||Rehabilitation
Service||124,108|124,108|
||IJr Rhydian
James Grant Fund||250|250|
||Total|291,204|144,672|435,876|
||Net gains/(losses)
on investments|~162259)||~162 59i|
||NET INCOME/(EXPENDITURE)|(249,978)|(12,276)|(262,254)|
||Transfers between funds|~4,828|4 818||
||Other recognised
gains/(losses)||||
||Actuarial
gains on defined benefit schemes|193,000||193000|
||Net movement
in funds|(61,796)|(7,458)|(69,254)|
||RECONCILIATION
OF FUNDS||||
||Total funds brought forward|2,000,240|73,198|2,073,438|
||TOTAL FUNDS CARRIED FORWARD|1,938,444|63,740|2,004,184|
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
|||Fixtures|||
||Freehold|and|Motor||
||property
5|fittings|vehicles|Totals
I|
|COST|||||
|At l April 2020 and 31March 2021|~170000|91,845|~9924|271,769|
|DEPRECIATION|||||
|At 1 April 2020
Charge for year|35,000
~3400|86,987
~1215|8,157
442|130,144
~5057|
|At 31March 2021|~38400|~88202|~$599|~135201|
|NET BOOK VALUE|||||
|At 31March 2021|~131600|3,643|~1325|~136568|
|At 31March 2020|135,000|4,858|1,767|141,625|
|||2021|2020||
|---|---|---|---|---|
|Cost||32,043|32,043||
|Accumulated|Depreciation|(7,238)|(6,598)||
|Net Book Value||24,805|25,445||
|FIXEDASSETINVESTMENTS|||||
|||||Listed|
|||||investments|
|MARKET VALUE|||||
|At 1 April 2020||||2,0877439|
|Additions||||420,821|
|Disposals||||(4$7,148)|
|Revaluations||||417486|
|At 31March|2021|||2838,598|
|NET BOOK|VALUE||||
|At 31 March|2021|||~243 8898|
|At 31March|2020|||2,887439|
##
|16.|STOCKS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||31.3.21|31.3.20|
||||||||||5||
||Stocks||||||||22,842|24,222|
|17.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||||
||||||||||31.3.21|31.3.20|
||||||||||8||
||Other debtors||||||||11,968|2,820|
|18.|CREDITORS: AMOUNTS FALLING DUE WITHIN|||||ONE|YEAR||||
||||||||||31.3.21|31.3.20|
||Social security and other|||taxes|||||10,519||
||Accruals and|deferred|income||||||9,183|7,208|
||||||||||~19702|7,208|
|19.|MOVEMENT IN FUNDS||||||||||
|||||||||Net|Transfers||
||||||||movement||between|At|
||||||At 1.4.20||in|funds|funds|31.3.21|
||||||f|||||f|
||Unrestricted|funds|||||||||
||General fund||||1,822,816||248,579||(18,041)|2,053354|
||Property Revaluation
Recording
Studio||Reserve||109,554
6,074||(29759)
~18,470)||12396|106,795|
||||||1,938,444||227,350||(5,645)|2,160,149|
||Restricted funds||||||||||
||Rehabilitation|Service||||355|(6,000)||5,645||
||Community|Engagement||Officer|1,500|||||1,500|
||Dr Rhydian James Grant|||Fund|3,258|||||3,258|
||Antioch Club
Community
Engagement||||22@74
38 253||~(7,131|||221374
31 122|
||||||55,748||~23 1317||5,645|58,254|
||TOTAL FUNDS||||2 884|184|214219|||2418,403|
##
|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|Unrestricted
funds||||||||
|General fund||||169,806|(227,580)|306,353|248,579|
|Property
Revaluation|Reserve||||(2,759)||(2,759)|
|Recording
Studio||||16,422|~34892||~18470|
|||||186,228|(265/31)|306853|227,350|
|Restricted funds||||||||
|Rehabilitation
Service||||118,593|(124,593)||(6,000)|
|Community
Engagement||||8,724|(153855)||(7,131)|
|Mental Health Support||||14,999|~14999)|||
|||||~142316|~155,447||13131|
|TOTAL FUNDS||||~328 544|~420,678|~306353|214,219|
|Comparatives
for movement|||in funds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.19|in funds|funds|31.3.20|
|Unrestricted
funds||||||||
|General fund||||1,875,750|(22,340)|(30,594)|1,822,816|
|Property Revaluation
Recording
Studio|Reserve|||112,313
12,177|(2,759)
~31,879)|25,776|109,554
6,074|
|Restricted funds||||2,000,240|(56,978)|(4,818)|1,938,444|
|Rehabilitation
Service||||153|(4,616)|4,818|355|
|Social Centres||||67,961||(67,961)||
|Community
Engagement
Dr Rhydian James Grant||OAicer
Fund||1,500
3,584|(326)||1,500
3,258|
|Antioch Club|||||(1,126)|23,500|22,374|
|Community
Engagement|||||16208)|44,461|38,253|
|||||73,198|~)2.276|4,818|63 740|
|TOTAL FUNDS||||2,073.438|~69 34)||2 004,184|
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General fund||192,322|(245,403)|30,741|(22,340)|
|Property
Revaluation|Reserve||(2,759)||(2,759)|
|Recording
Studio||11,163|~43,042||~31,879|
|||203,485|(291,204)|30,741|(56,978)|
|Restricted funds||||||
|Rehabilitation
Service||119,492|(124,108)||(4,616)|
|Dr Rhydian James Grant Fund|||(326)||(326)|
|Antioch Club
Community
Engagement||115
12,789|(1,241)
~18,997)||(1,126)
~6,208|
|||~132396|(~144,672||12,276|
|TOTAL FUNDS||335,881|~435 876|30,741|~69,254)|
|Pur
ose ofrestricted|funds|||||
##
##
##
##
##
##
|||Defined|benefit|
|---|---|---|---|
|||pension|plans|
|||31.3.21|31.3.20|
|Present value offunded obligations
Fair value ofplan assets||(3,392,000)
2,$29,000|(2,399,000)
2,203,000|
|Present value ofunfunded|obligations|(563,000)|(396,000)|
|Deficit||~563 ODO)|~396,000|
|Net liability||~563,000|~396,000|
||Defined|benefit|
|---|---|---|
||pension|plans|
||31.3.21|31.3.20|
|Current service cost
Net interest from net defined benefit|6$,000|49,000|
|asset/liability|60,000|72,000|
|Past service cost||4,000|
||~128000|125,000|
|Actual return on plan assets|||
##
|Changes in the present v|alue ofthe defined benefit obligation|are as follows:||
|---|---|---|---|
|||Defined|benefit|
|||pension|plans|
|||31.3.21|31.3.20|
|Opening defined benefit|obligation|2,599,000|3,015,000|
|Current service cost||68,000|49,000|
|Past service cost|||4,000|
|Contributions
by scheme|participants|13,000|12,000|
|Interest cost||60,000|72,000|
|Benefits paid||(76,000)|(64,000)|
|Remeasurements:||||
|Actuarial
(gains)/losses|from changes in|||
|demographic
assumptions||44,000|(101,000)|
|Actuarial
(gains)/losses|&om changes in|||
|financial
assumptions
Oblig other remeasurement||716,000
~32.0IID|(251,000)
(137,000)|
|||3392000|2599,0IDI|
|Changes in th|e fair value ofsche|me assets are as follows:|||
|---|---|---|---|---|
||||Defined|benefit|
||||pension|plans|
||||31.3.21|31.3.20|
||||f|f|
|Opening fair value ofscheme assets|||2,203,000|2,427,000|
|Contributions|by employer||48,000|65,000|
|Contributions|by scheme participants||13,000|12,000|
|Assets interest income|||50,000|59,000|
|Benefits paid|||(76,000)|(64,000)|
|Return on plan assets (excluding
income)||interest|593 IIDD|~296 DDD3|
||||2029000|2,203,000|
##
|||||Defined|benefit|
|---|---|---|---|---|---|
|||||pension|plans|
|||||31.3.21|31.3.20|
||||||6|
|Actuarial|(gains)/losses||from changes in|||
|demographic||assumptions||(44,000)|101,000|
|Actuarial|(gains)/losses||I'rom changes in|||
|financial|assumptions|||(716,000)|251,000|
|Oblig other||remeasurement||32,000|137,000|
|Return on plan assets|||(excluding interest|||
|income)||||591,000|~296000)|
|||||137,000|193,000|
|||Defined|benefit|
|---|---|---|---|
|||pension|plans|
|||31.3.21|31.3.20|
|Equities||73%|74%|
|Property||8%|10%|
|Cash||19%|16%|
|||100%|100%|
|Principal actuarial assumptions|at the Balance Sheet date (expressed as weighted|averages):||
|||31.3.21|31.3.20|
|Discount rate||2.00%|2.30%|
|Future salary increases||3.15%|2.20%|
|Future pension increases||2.85%|1.90%|
##
##
##
##
##
##