||||||Page||
|---|---|---|---|---|---|---|
|Reference|and Administrative||Details||||
|Report of|the Trustees|||2|to|9|
|Report of|the Independent
Auditors|||10|to|12|
|Statement|ofFinancial|Activities|||13||
|Balance Sheet||||14|to|15|
|Cash Flow|Statement||||16||
|Notes to the Financial||Statements||17|to|27|
|Detailed Statement of||Financial|Activities|28|to|29|
|TRUSTEES|Mr R H Rastall - Acting|Mr R H Rastall - Acting|Mr R H Rastall - Acting|Treasurer|Treasurer|
|---|---|---|---|---|---|
||Mr SFletcher - Chairman|||||
||Mr J John (resigned||21.10.20)|||
||Mrs FWelder (resigned|||20.5.20)||
||Mr SPortwood|||||
||Mrs A C Williams||(appointed||15.7.20)|
||Mrs H FA Francis||(appointed||21.421)|
||Mr D H Lloyd (appointed|||21.4.21)||
||Mrs KA Madden|(appointed 21.4.21)||||
|COMPANY SECRETARY|Ms TPrice|||||
|REGISTERED OFFICE|2Perrots Road|||||
||Haverfordwest|||||
||Pembrokeshire|||||
||SA61 2HD|||||
|REGISTERED COMPANY|OB521406 (England||and|Wales)||
|NUMBER||||||
|REGISTERED CHARITY|1157041|||||
|NUMBER||||||
|AUDITORS|Ashmole
and Co.|||||
||Chartered
Certified||Accountants||and Statutory|
||Auditors|||||
||Williamston
House|||||
||7 Goat Street|||||
||Haverfordwest|||||
||Pembrokeshire|||||
||SA61 IPX|||||
|BANKERS|Unity Trust Bank|||||
||9Brindley Place|||||
||Birmingham|||||
||Bl 2HB|||||
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|||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|I'unde|funds|
||||Notes|f||f.||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||18,539||18,539|21,847|
|Charitable
activities||||||||
|Resource centre|||||292,705|292,705|384,853|
|Carers|||||19,421|19,421|18,364|
|Supported
housing|||||402,543|402,543|260,456|
|Other income|||||~ll 113|~II 113||
|Total||||18,539|725,782|744,321|685,520|
|EXPENDITURE ON||||||||
|Raising funds|||4|4,266||4,266|3,406|
|Charitable
activities||||||||
|Resource centre||||45,551|239,595|285,146|143,547|
|Carers|||||13,623|13,623|15,008|
|Supported
housing|||||243,729|243,729|250,065|
|Total||||49,817|496,947|546,764|412.026|
|NET INCOME/(EXPENDITURE)||||(31,278)|228,835|197,557|273,494|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forvvnrd|||232,946|299,976|532,922|259,428|
|TOTAL FUNDS CARRIED FORWARD||||~201 668|~528 811|~730479|~532922|
##
##
|||||31.3.21|31.3.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes||f|||
|FIXEDASSETS||||||
|Tangible assets|13|1,144|242,904|244,048|246,187|
|CURRENT ASSETS||||||
|Debtors|14||209,137|209,137|30,358|
|Cash at bank||~200 524|~306074|~506 598|~330311|
|||200,524|515,211|715,735|360,669|
|CREDITORS||||||
|Amounts
falling due within one year|15||(229,304)|(229,304)|(73,934)|
|NET CURRENT ASSETS||~200 524|~285 907|~486431|~286735|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||201,668|528,811|730,479|532,922|
|NET ASSETS||~201 668|~528 811|~730479|~532 922|
|FUNDS|17|||||
|Unrestricted
funds||||201,668|232,946|
|Restricted
funds||||~528 811|~299976|
|TOTAL FUNDS||||~730 479|~532 922|
||||f|or the Year Ended|31March 2021||
|---|---|---|---|---|---|---|
||||||31.3.21|31.3.20|
|||||Notes|f||
|Cash flows from operating||activities|||||
|Cash generated
from operations||||19|~182 193|~339 199|
|Net cash provided
by operating
activities|||||~182 193|339,199|
|Cash flows from investing||activities|||||
|Purchase oftangible
fixed|assets||||7079|~250 688|
|Net cash used in investing|activities||||7079|~250 688)|
|Chaage in cash snd cash|equivalents||in||||
|the reporting
period|||||175,114|88,511|
|Cash aod cash equivalents||at the|||||
|beginniag
ofthe reporting||period||20|~330311|~241 800|
|Cash and cash equivalents||st the end|of||||
|the reporting
period||||20|505425|~330311|
##
##
##
##
##
##
##
|DONATIO||NS|AND|LE|GACI|ES||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.3.21|31.3.20|
|||||||||f|f,|
|Management|||fee|||||1,912|2,123|
|Donations||||||||16627|~19724|
|||||||||~18 539|~21 847|
|INCOME|FROM CHARITABLE ACTIVITIES|||||||||
|||||||||31.3.21|31.3.20|
|||||||Activity|||f|
|Gfallts||||||Resource|centre|292,705|384,853|
|Grants||||||Carera||19,421|18,364|
|Grants||||||Supported|housing|~402 543|~260 456|
|||||||||~714669|~663 673|
|Grants received, included|||||in the|above, are as follows:||||
|||||||||31.3.21|31.3.20|
|||||||||f||
|Welsh Govemmeni|||||||||245,000|
|Pembrokeshire|||County|Council||||41,038|41,038|
|Hywel Dda||University||Health Board||||213,518|103,797|
|Supporting||People||||||319,819|195,812|
|Housing Benefit and Rents||||||||80,599|64,644|
|Section 64 Older People|||||||||2,070|
|PAYS||||||||1,932|5,931|
|West Wales||is|Kind|||||12,422|1,560|
|Newport
Mind|||||||||3,821|
|GP Cluster|—Primary care|||||||40,341||
|Mind||||||||~5000||
|||||||||~714669|~663 673|
##
|Raising donations|and legacies||||
|---|---|---|---|---|
||||31.3.21|31.3.20|
||||f||
|Staff costs|||2,524|2,191|
|Staffexpenses|||36|90|
|Premtses costs||||8|
|Office costs|||458|719|
|lnsurances
and subscriptions|||62|108|
|Depreciation|||~1186|290|
||||~4266|~3406|
|CHARITABLE ACTIVITIES COSTS|||||
|||Direct|Support||
|||Costs (see|costs (see||
|||note 6)
f|note 7)
f|Totals
f|
|Resource centre||229,219|55,927|285,146|
|Carera||7,509|6,114|13,623|
|Supported
housing||~201 958|~41 771|243 729|
|||~438686|~103 812|542 498|
|DIRECT COSTS|OF CHARITABLE ACTIVITIES||||
||||31.3.21|31.3.20|
||||f|f|
|Staff costs|||290,383|204,182|
|Office rent and water rates|||35,924|51,023|
|Pembs Housing Association|||14,472|14,453|
|Light and heat|||5,762|7,365|
|Repairs and maintenance|||64,097|8,354|
|Cleaning|||209|978|
|Television
licence|and rental||1,995|1,846|
|Refreslunents|||842|1,914|
|Activities|||4,505|4,414|
|Staff travel and expenses|||8,960|18,379|
|Voluateer expenses|and training|||1,666|
|Early intervention|charge||~II 497|~8515|
||||~438 686|323,089|
##
##
|SUPPOR|T COSTS||||
|---|---|---|---|---|
||||Governance||
|||Management|costs|Totals|
|||f|f.|f.|
|Resource|centre|46,531|9,396|55,927|
|Carers||4,704|1,410|6,114|
|Supported|housing|~33 784|~7987|~41 771|
|||~85 019|18793|~103 812|
##
##
|||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
|||||||f||
|Depreciation||- ousted|assets|||~9218|~7548|
|AUDITORS'||REMUNERATION||||||
|||||||31.3.2 1|31.3.20|
|||||||f||
|Fees payable||to the charity's||auditors for the audit ofthe charity's|financial|||
|statements||||||2,067|1,900|
|Auditors'|remuneration||for non audit work|||1 750|~1700|
##
##
##
||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|
||||||f|f|
|Wages and salaries|||||312,602|232,529|
|Social security|costs||||22,431|11,384|
|Other pension|costs||||~5836|~4092|
||||||~340 869|~248 005|
|The average monthly||number ofemployees|during|the year was as follows:|||
||||||31.3.21|31.3.20|
|In furtherance|ofcharity's objects||||18|15|
|Administration|||||2|2|
||||||20|17|
##
##
||||Notes to the Financial
Statements
- continued
for tbe Year Ended 31 March 2021|Notes to the Financial
Statements
- continued
for tbe Year Ended 31 March 2021|Notes to the Financial
Statements
- continued
for tbe Year Ended 31 March 2021|Notes to the Financial
Statements
- continued
for tbe Year Ended 31 March 2021||
|---|---|---|---|---|---|---|---|
|12.|COMPARATIVES||FOR THE STATEMENT OF FINANCIAL ACTIVITIES -31MARCH||||2020|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||f||f|
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||21,847||21,847|
||Charitable
activities|||||||
||Resource centre|||||384,853|384,853|
||Carers|||||18,364|18,364|
||Supported
housing|||||260,456|260,456|
||Total||||21,847|663,673|685,520|
||F'4PENDITURE|ON||||||
||Raising funds||||3,406||3,406|
||Charitable
activities|||||||
||Resource centre||||5,870|137,677|143,547|
||Carers|||||15,008|15,008|
||Supported
housing|||||250,065|250,065|
||Total||||9,276|402,750|412,026|
||NET INCOME||||12,571|260,923|273,494|
||RECONCILIATION||OF FUNDS|||||
||Total fuada brought||forward||220,375|39,053|259,428|
||TOTAL FUNDS|CARRIED FORWARD|||~232 946|~299976|~532 922|
##
##
|||||||||Equipment||
|---|---|---|---|---|---|---|---|---|---|
||||||Freehold|||and||
||||||property
f|||fixtures
f|Totals|
||COST|||||||||
||At I April 2020||||246,174|||19,279|265,453|
||Additions|||||||7079|~7079|
||At 31 March 2021||||~246 174|||~26 358|272 532|
||DEPRECIATION|||||||||
||At
1 April 2020|||||4,923||14,343|19,266|
||Charge for year|||||4924||~4294|~9218|
||At 31 March 2021||||~9847|||~18637|~28 484|
||NET BOOKVALUE|||||||||
||At 31 March 2021||||~236327|||~7721|~244 048|
||At 31 March 2020||||~241 251|||~4936|~246 187|
||The property
was purchased||in March 2020 by means ofaWelsh Government||||grant|||
|14.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||||
|||||||||31.3.21|31.3.20|
|||||||||f|f|
||Grant and other debtors|||||||~209 137|30,358|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN||||ONE YEAR|||||
|||||||||31.3.21|31.3.20|
|||||||||f,||
||Bank loans and overdrahs||(see note|I6)||||1,173||
||Other creditors|||||||4,800|2,681|
||Social security
and other taxes|||||||8,691|6,055|
||Accrued expenses|||||||12,653|5,698|
||Deferred government|grants||||||~201 987|~59500|
|||||||||~229 304|73,934|
|16.|LOANS|||||||||
||An analysis ofthe maturity||ofloans|is given below:||||||
|||||||||31.3.21|31.3.20|
|||||||||f|f.|
||Amounts
falling due|within|one year|on demand:||||||
||Bank overdratts|||||||~tt 73||
##
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.20|in funds|funds|31.3.21|
||||f|f|f|f|
|Unrestricted
funds|||||||
|General
Property|fund
maintenance|fund|223,816
~9130|14,273
~45 551)|(36,421)
~36421|201,668|
||||232,946|(31,278)||201,668|
|Restricted
funds|||||||
|Resource|centre||7,099|69,146||76,245|
|Carers|||4,548|5,798||10,346|
|Supported
housing|||48,252|158,814||207,066|
|Property|purchase||~240 077|~4923||235 154|
||||~299976|~228 835||~528 811|
|TOTAL|FUNDS||~532 922|197,557||~730479|
|Net movement
in funds, included|||in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||f.|f||
|Unrestricted
funds|||||||
|General fund||||18,539|(4,266)|14,273|
|Property|maintenance|fund|||~45,551|~45 551)|
|||||18,539|(49,817)|(31,278)|
|Restricted
funds|||||||
|Resource|centre|||303,818|(234,672)|69,146|
|Carers||||19,421|(13,623)|5,798|
|Supported|housing|||402,543|(243,729)|158,814|
|Property|purchase||||~4923)|~4923)|
|||||725 782|(4496 947'|~228 835|
|TOTALFUNDS||||~744 321|~546 764)|~197 557|
##
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.4.19|in funds|31.3.20|
|||||f|f,|f|
|Unrestricted
funds|||||||
|General|fund|||205,375|18,441|223,816|
|Property|maintenance||fund|~15 000|~5870)|~9130|
|||||220,375|12,571|232,946|
|Restricted||funds|||||
|Resource||centre|||7,099|7,099|
|Carera||||1,192|3,356|4,548|
|Supported||housing||37,861|10,391|48,252|
|Property|purchase||||~240 077|~240 077|
|||||39,053|260,923|~299976|
|TOTAL|FUNDS|||~259 428|~273 494|~532 922|
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|||||f,|f|
|Unrestricted
funds||||||
|General
Property|fund
maintenance|fund|21,847|(3,406)
~5870)|18,441
~5870|
||||21,847|(9,276)|12,571|
|Restricted
funds||||||
|Resource|centre||139,853|(132,754)|7,099|
|Carera|||18,364|(15,008)|3,356|
|Supported
housing|||260,456|(250,065)|10,391|
|Property|purchase||~245 000|~4923)|~240 077|
||||~663673|402 750|~260923|
|TOTAL|FUNDS||~685 520|41202|~273 494|
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.19|in funds|funds|31.3.21|
|||||f.|f|||
|Unrestricted
funds||||||||
|General|fund|||205,375|32,714|(36,421)|201,668|
|Property|maintenance||fund|~15000|~51 421|~36421||
|||||220,375|(18,707)||201,668|
|Restricted||funds||||||
|Resource||centre|||76,245||76,245|
|Carera||||1,192|9,154||10,346|
|Supported||housing||37,861|169,205||207,066|
|Property|purchase||||~235 154||~235 154|
|||||~39053|~489758||528 811|
|TOTAL|FUNDS|||~259428|~471 051|-|~730479|
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resoui'ces
I|expended
f|in funds
f|
|Unrestricted
funds||||||
|General|fund||40,386|(7,672)|32,714|
|Property|maintenance|fund||~51 421|~51421)|
||||40,386|(59,093)|(18,707)|
|Restricted
funds||||||
|Resource|centre||443,671|(367,426)|76,245|
|Carers|||37,785|(28,631)|9,154|
|Supported
housing|||662,999|(493,794)|169,205|
|Property|purchase||~245 000|~9846)|~235 154|
||||1~389,455|~89969|~489 758|
|TOTAL|FUNDS||1~429841|~958790)|471 051|
##
|19.|RECONCILIATION|RECONCILIATION|RECONCILIATION|OF NET INCOME TO|OF NET INCOME TO|NET CASH FLOW FROM|NET CASH FLOW FROM|OPERATING||
|---|---|---|---|---|---|---|---|---|---|
||ACTIVITIES|||||||||
|||||||||31.3.21|31.3.20|
|||||||||f||
||Net income for the||reporting||period (as per tbe Statement ofFinancial|||||
||Activities)|||||||197,557|273,494|
||Adjustments
for:|||||||||
||Depreciation
charges|||||||9,218|7,549|
||(Increase)/decrease|in||debtors||||(178,779)|16,163|
||increase
tn creditors|||||||154 197|~41 993|
||Net cash provided|by||operations||||182 193|~339 199|
|20.|ANALYSIS OF CASH AND||||CASH EQUIVALENTS|||||
|||||||||31.3.21|31.3.20|
||Notice deposits (less||than 3 months)|||||506,598|330,311|
||Overdrafls
included||in|bank loans and overdratls||falling due within|one year|~1173)||
||Total cash and cash|equivalents||||||~505 425|330311|
|21..|ANALYSIS OF CHANGES||||IN NET FUNDS|||||
||||||||At 1.4.20|Cash flow|At 31.3.21|
||||||||f.||f|
||iVet cash|||||||||
||Cash at bank
Bank overdraft||||||330,311|176,287
~I)73|506,598
~)173|
||||||||~330311|~175 114|~505 425|
||Total||||||~330311|~175 114|505 425|
##
|||for the Year Ended|31 March 2021||
|---|---|---|---|---|
||||31.3.21f|31.3.20|
|INCOME AND|ENDOWMENTS||||
|Donations
and legacies|||||
|Management
fee|||1,913|2,123|
|Donations|||16627|19724|
||||18,540|21,847|
|Charitable
activities|||||
|Grants|||714,669|663,673|
|Other income|||||
|Active monitoring||management|~tt 112||
|Total incoming|resources||744,321|685,520|
|EXPENDITURE|||||
|Raising donations||and legacies|||
|Wages|||2,313|2,054|
|Social security|||167|101|
|Pensions|||44|36|
|Staff expenses|||36|90|
|Premises costs||||8|
|Office costs|||458|719|
|lnsurances
and subscriptions|||62|108|
|Pinot and machinery|||~1186|290|
||||4,266|3,406|
|Charitable
activities|||||
|Wages|||266,300|191,441|
|Social security|||19,111|9,372|
|Pensions|||4,972|3,369|
|Office rent and water rates|||35,924|51,023|
|Pembs Housing Association|||14,472|14,453|
|Light and heat|||5,762|7,365|
|Repairs and maintenance|||64,097|8,354|
|Cleaning|||209|978|
|Television
licence||and rental|1,995|1,846|
|Refreshments|||842|1,914|
|Activities|||4,505|4,414|
|Stafftravel
and expenses|||8,960|18,379|
|Volunteer
expenses||and training|40|1,666|
|Early intervention||charge|11,497|~8515|
||||438,686|323,089|
|Supportcosts|||||
|Management|||||
|Wages|||33,569|29,790|
|Carried forward|||33,569|29,790|
##
##
||for the Year Ended 31 M|arch 2021||
|---|---|---|---|
|||31.3.21f|31.3.20|
|Management||||
|Brought forward||33,569|29,790|
|Social security||2,407|1,458|
|Pensions||626|524|
|Staff expenses||194|1,311|
|Premises costs|||1,341|
|Office costs||13,427|10,427|
|Staff training
and recruitment||7,440|3,187|
|Insurances,
affiliations|and subscriptions|8,145|2,047|
|Promotional
costs||8,611|3,041|
|Professional
fees||3,246|7,648|
|Plant and machinery||~7354|~5658|
|||85,019|66,432|
|Governance
costs||||
|Wages||10,420|9,244|
|Social security||746|453|
|Pensions||194|163|
|Auditors'
remuneration||2,067|1,900|
|Auditors'
remuneration|for non audit work|1,750|1,700|
|Staff expenses||164|408|
|AGM and trustee expenses||415|38|
|Premises
costs|||34|
|Office costs||2,062|3,236|
|Bask charges||297|322|
|Depreciation oftangible|fixed assets|678|~1601|
|||~18793|~19099|
|Total resources expended||~546 764|412,026|
|Net income||~197557|~273 494|