REGISTERED COMPANY NUMBER.. 0931TO97 (England and Wales) REGISTERED CHARITY NUMBER: 1159934 Report of the Trustees and Flnanclal Statements for the Year Ended 31 March 2021 for NEWCIS IA Company Limited by Guarantee) Sgllsbury & Company Buslness SoluUons Llmlled statutory Auditors Chariered Accouritanls Irish Square Upper D8nbigh Road st Asaph Denbigh5hlrB LL17 ORN
NEWCIS Contents of the Flnanclal Statements for the year 8nded 31 Mar¢h 2021 Page Report of the Trustees 1 to 5 Report of the Independent Audltors statement of Financial Actlvlties Balanc8 Sheet 10 C85h Flow Statement Notes to the Cash Flow Statement 12 Notes lo the Flnancial Statement5 13 to 22 Delalled Statement of Flnanclal Actlvltles 23 to 24
NEWCIS Report of the Trustees for the year ended 31 March 2021 The Iruslees who are also directors of the charity for the purposes of th8 Companles Act 2006. pres9nt their report wlth the financial statements ol the Charity for the year gnded 31 March 2021. The Iruslees have adoplod thè provisions of Accounting and Reporting by Charltie5'. Statement ol Recommended Practice applicsble to charilios preparing Iheir accounts in accordance with the Hnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 J8nuary 20191. OBJECTIVES AND ACTivifiES Objectives and alms The objects of the Charity are specifically $triCted to thefollowing.. To pr858rve and prornole th8 health and w8llbelng of those providlng care for olhgrs by offering informallon. training, representation and opportunity lo provlde the hlghesl possible quallty of caro whllsl mairitainlng a fulfilling life Ihomselves. The provision Df services such 88 information giving, training. counselllng. group activitlas and on8 to one support are the vehicles used lo support th9 main purpose of the charily, ensuiing that the public Icarersl benefit along wllh the person they provid& car8 foT. In this financlal period all the abovè activiti8s h8ve been delivered to carers and volunteers and referrals lo th8 88rvice continu8 10 Sncrease month by month. NEWCIS Board of Dir9Ctors' agreed strategic alms are to.. Increase d81ivery of servi$ to unpald fam11y car8rs across North East Wal8S. Strlve to ensure equallty of seTViC@s In both countie5. Reduce dep8ndancy on slalutory funding. Increase managetnenl capacity lo enable developrnent of social enleTprfse opportunlties. Inciease cap8Clty lo support volunteers within the organisallon. Increase revgnue vla strategic maTketlng wlth comtntrr¢lal entitles. The critsria for monitoring suceess has be6n to report on the strateglc aims In board meetings and sub-commlttees during the period. NEWCIS was delighted lo hear that the work submltted for applicallons. lenders and rewow8 were all sucoessful In this peiiod, so Ihal the 16,253 carers who utillse the servic8 we provlde will not hava seen any disruption lo the suppJrt we offer and Indeed can look forward to 50mè new services being developed in the coming year. Whilst there Is conllnulng pressure lo do mor8 for less with local government fundlng we have conlnued to delivor good valv@ to Ih8s6 funders and havè maintained s8rviee levels. Securing a further Natlonal Lottery Communlty Fund granl for a further three years frorn May 2020 provid8S the servicg with addillonal oapaclly and provides added value. All deve5opmenls and suc850S are reported to board members and tnonStored in ling with NEWCIS Buslness Plan's maln aims and objecteS. Slgnificant aCtllIeS The acllviues that have been undertaken in r81gllon lo the purpose have been to provlde unpald famlly carers and volunteers across Flintshire, Denbighshire and Wrexham. Thg charlty conducts What Mallers conversations Ènd assessments whlch 8v5dences the support they $h lo receive wlih their caring roles and provSd8S them with a volce both as an Indlvidual in r81ation to their own drcumstances and Èt a slraleglc 1oV61 wlth partners In slalulory and voluntary org8nisalions across North Wales. Tha servlces and acfrivill&s that have been delivered in thls period h8d lo chang9d signillcanlly due to the pandemic and the subsequent lockdown periods. New servlces were developed to ensure carers and volunteers were supported through thgse unprecedented limes. Keep in touch calls were made to thousands ol carors lo as5e5s what needs they had during the pandemic. A food and respI18 setvSce wer9 set up for car8rs who couldn't get food supplies and busy boxes were supplied as a form of raspite to provide a break from their carlng roles. Additional grants werg recelved to support needs throughout the year which Included IT support, electrical goDds lo support fud costs, Christma5 parcels and food vouchers for carers who werg financlally slruggllng as a r8suIt of the pandemlc. Zoom actlvlty bècamg an e5sontSal form of cotnmunlcalion for our activities and our social madla plafforTll5 and webslle w8re also uti5ised mote than ever before as a way of keeplng cargT3 infomied and in touth. S8rvices ¢onlinu8d to provlde opportunity and cholces to Carèrs and volunt&8rs whllst still maintalning the vltal care and support lo Ih&ir loved ones. Th8 add11ional fundr8151ng acuvlty, Increase In the nurnber of carprs r8gislered and the success wllh funders all contribute lo incr8asing awarenoss of the needs and Issues that carers faee dally. All activities the charity Ljndertook In the period havo contrlbuted lo the fSnancSal security of the charity and the ability lo d8lwer new servicos which support the purpose of the charily. Page 1
NEWCIS Report of the Tru5t885 for the year ended 31 March 2021 OBJECTIVES AND AGTIVITIES Public beneflt The trustees have pald due regard lo guidance 155ued by the Charity Commlsslon In decldlng what actIS th8 charitablg company should uDd8rtake. See¢s hive been prowded In thls finan81 period that have supported carets to rnaintain and improve Ihelr wellbèlr)g lo enable them to sustain their caring role and th& wellbeing of the person thBy care for. STRATEGIC REPORT Achievtstnent and performance Charltable 8Ctivitie5 NEWCIS has supported 16.253 famlly cargrs in this finanual period whlch Is an increase with provislon of Infortnallon, advice and support. The inlom)allon and ong lo ong support enables carers to make choices, empowers them and gives thwm a volce In arenas where carers vlews can often be overlooked. This support &longsid8 practical sgrvices prowded by the charity prevents carer crisis sSlualions occuiring whgr9 th8 care prowded by the fami carer could breakdown. The charlty conllnues to Idenllfy hidd8n carers weekly, enabllng obledives lo be mel by prov151on of, timely, well publicised and accessible infoitnation for carers. Servlces promoting the hgallh, wg11-belng and social Ineluslon of carers arg promo18d quarterly vla a newsletter and our new website as well 8s use of Facebook and Twitter which have increased the 8wareness ol NEWCIS In the communlty. The charfty contSnu85 prornOng and InCSIng aw8r8n855 of c9r8r Issues wilh1n communlNes and thIn appropriate stalulory. voluntary and piivate sector environments. Sufficient resources are In pla duè lo the suwgss of gaining and maintainlng grant and contractual funding streams to develop and sustain identified setvlces lor carers and volunteers such as a bespoke training programme, counselling, and p88r support activities lo reducè Isolation wlthln thè carlng rolB. During the perlod the Iwslees further developed a reserves policy to enhance dettlsion tnaking on financial mallers for the farthcomlng years. Th8 purchasg of a hollday propèrty lor car8rs was madg In thls year which Is a Ilmely r8SOUtE8 for earers as we move out of lockdown and carers can once agaln take up the opportunity of respite. Financlal revlew Flnancial posltion During the year the chailly had total Incoming reSoUrS 01 £1.771,329 of whlch £144.120 was generatsd from tho social enterprise Carer Venture Ltd.ICVLI.12020'. £1,540,231 of which £125,612 was generated from CVL} and total r8sourcBs expendgd of £1,592,438 (2020.. £1,453,364) which, resulted in a net increasg in funds of £178,897 12020 88.4291. The malorlty of the gains in Ilils perlod wer8 due lo a d9crease in expendllure due to the lockdown perfods where carers were unable to take r8spSle breaks and holidays, the malority of the funds were allocated and will be spent in 2021. Re5erve5 pojiry Th9 tiuslees have reewèd and adopted a pollcy lor holding reserves, having gwen due conskjeration to the opeTational profilB of the charity the board f881 that il is approprlate lo hdd 8 re58rv8 that would allow the charity to discharge its Ilabllltle5 8nd close Its operation In an ordedy fashion should il be unable lo contlllU8 its a¢tivilie5. The trustees feèl that in practlcal t8rms this would repres6nt holdlng a re89rve gqulvalent lo 3 months, op8ralional expendllure plus the redundancy costs of all staff members. This figure has been calculated lo be £261k. On tha basis that unreslrtcted reserves are Rt)ove this figure the directors feel that it is appropThale that the charity should, ov8r a period of 1 to 2 years, increase expendlknre in ITne with its charitable oblecllves until such a reserve posluon Is mèt. Prln¢lpal r£sks ar]d uncertalntles The charity Is in a wmpetilive market for servic8S to carers across North Wal88 and th8 t8ndering processes that are now requlred can be a challenge regardlng capacily and flm8 for a srnall management team. Austerity measures within th8 local authorities are siill having effecL% on budgets and changes in stalulory structures have had gffect on Ihg charity on th8 wn up lo the new flnanclal y8ar. Flnanclal and rfsk managemènt objecttves and policles The charity Is In a eompelitive mark91 for services to carets acTOSS North Wal8s Bnd the tendering proc&sses that are now required can be a challenge regarding capacity and tSme for a stnall management team. Austerity measures within the local authorlllgs are Still havlng 8ffect8 on budgois and changes In 8latulory stnjctures have had effect on the charity on the run up to the new financla year. Reslricled 2nd unrestricied reserves have been calculated in awordance wllh statutory guldancg, however many of the unrestricted reserves a manag9d and ring fenced under each projectfund. Pagg 2
NEWCIS Report of the Truste85 forth& year onded 31 March 2021 STRATEGIC REPORT Future plans The following 12 months. and for the foreseèable future Ihg operatlng envlronments 11 continue to be difficult writh al sources of tunds comlng under pressure to do more wilh less resource. Carers have fad addillonal pressures since covid 19 and th8 tharity has developed ngw servlces to support with practical and emotional Issues. The focus for the organisation as set by the board wlll be lo continue to operate wllh the hlghesl 18vels of transparency and charity governan whllst.. Improvlng the delivery of servlces to unpaid carers aeross North Eastwales strivlng to proVe equality Df seNice across the operatlDnal area Reduclng dependancy on slalulory fundlng. Inc5uding- Development of programmes for both indSvldual and corpora18 donors- Development of sodal enterprise- Idgnllfylng and securing addltional funding such as Natlonal Lottery. Comrnunlty Funded prolects and the Steve Morgan FoLsndalion. Dev8loping systems and manag8mènt capaclly includinq:_ Key strategic investments in IT and systems lo reduce the admin burd8n and Improve locus on $8Niee delivery Additlonal fundinglconlract for Wrexham STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng documenl The charity is controlled by its gov8rnlng document. a deed of trust. and constllutes a limit8d company, limited by guarantee. as defin8d by the Companies Act 2006. The company was establlshed under a Memorandum of Assoel8tlon, which est8bllshed the oblecls and powers of th charitable company and Is governed under the Articles ol Associ8tion. Charity constitutlon The trustegs eet quarterfy and are responsible for the management and straleglc leader8hlp of the charity and ensuring Ihal the charty devotes all of its sOurceS and ass8ts towards me8ting its objectives. None of th8 trllstees has any benefie1al interest in th8 company. All of thg trustees are m8mbars of thg company and guaranteed to CDntribu19 £1 in the event of a winding up. Recrultment and appolntment of new trustéès Prospective trustees are invited to attend an inlortnation day with 8Xlsllng truste8s 8nd managers wlthln the chaTIIy available for them lo ask any questions and lo understand the alm3 of the charity. If the prospgclive trusl8e wishes lo offer thelr services lo the Chartty a vote will bg takan al Ihe next trust88 tlleellng to appoint them. D8c151on making All decisions on poliw and Strategy are made by the board of tIUStees by vol@. Day to day responslbilily for th rnanagemenl of th8 chaiity Ss delegaled lo the Bhlel execulivg officer. Claire Sulllvan. Overslghl ol Flnance and Human Resource issues is delBgated lo sub committèès made up of trusteès acllng wlhin th8 policy sel by th8 full board. Indu¢tlon trainlng of new trust8F5 The charity has a full set of policios and procedur85 for the Inductlon of volun188rs and all trustees are subject lo thls Inductlon. On lop ol Ihls trusloes sign a confidenlialily and conduct policy specifically oovering thg dulles of the Iwstees. The company offeis all Iruslees ongoing, Independent Iralning order for Ihgm to malnlain approprl&te knowledge (rf thelr role and responslbSllty as Iruslees under Company Law and Charity Commlsslon guidelines. Key management remuneratlon All IrustB88 are unpald exc9Pt lor remuneratlon 8xpenses Incurred directly on the charity's bLJslne6s. All 8al8rles or fegs for all personnel are Proposed by an independent Human Resource committee made up of trustees and approved by the board. REFERENCE AND ADMINISTIQATIVE DETAILS Registered Company numb8r 09317097 (England and Wales) Reglstered Charity numbèr 1159934 Page 3
NEWCIS Report of the Trustees for the year ended 31 March 2021 Reglstered offlce 2844 New St188t Mold Flinlshire CH71NZ Trustees Mrs P A C8rlln LorAI Govemmenl Officer Mrs G Harrlson Vl¢e Chair Mr C Holste4n Company Secretary Mr R G Lewls Company Dlraclor Mrs E ttIehaleS Solicitor Mrs E J Taylor Chalr Ms S Donoghue Social Enterprise Ms L Hawtin Chalr CVL Mr P Heard Business Consultant18ppDinl8d 15151201 Mr G P Jelley Accounlantlcompany Director (appointed 815r201 Company S8crelari85 Mr C Holstein Ms E Jon8S Audltors Sdllsbury & Company Business Solutions Limit8d Slalutory Auditors Chartgrgd Accountants Irish Squar8 Upp8r Donblgh Road St Asaph Denblghshlre LL17 ORN STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees Iwho ar8 also th& directors of NEWCIS for the purposes of Gompany lawl are responsibSe for preparing th Report of the Trustees and the fin8nclal slalements in accordance with appllcabl8 law and Unlled Klngdom Accountlng Standards (United Kingdom Generally Aecept8d Accounting Practic&). Company law requires the tNslees lo preparè finandal slalomenls for each financlal year whlch glve a true and fair view ol the state of affalrs of the charitable company and ol tho incoming resources and application ol resources, including the Income and èxpendituie, of th9 charitable company loi that pgriod. In preparlng Ihoso financlab slatemfjnls, the trustees are required to select suitable acctsunling puliGie5 and ihEn apply them consSstently'. ob89rve th8 rnethods and principles in the Charity SORP.. makejudgements and 8slimales that are reasonable and prudent., state whether applicable accounts'ng standards have besn followed, subje¢l lo any material departures disclosed and explained In the fflnanclal stat8tnents,' prepare the flnancial st&tements on the going C0ce[ basis unless It15 Inappropriate to PT08ume that the ch&rilable Company will continue In buslness. Th6 twst098 are r8sponslble for keeping proper acwunling records which disck)se with reasonable accuracy al any lime the financial positron of th8 charitabl8 oompany and to 8n8b18 th8m to 8nsure that the firiancial sla18m8nls comply with the Companles Act 2006. They are 8lso re5pon5ible for safèguarding the assets of th8 charStable company and hence for taking reasonable steps for the preventlon and deleclSon ol fraud and other irregularilles. In so far as the trus180s arè awatp.. Iherels no relev8nt gudlt Informallon of whlch the charitable companls audltors are unaware,. and the trustees have taken all steps thal they ought lo have taken lo make IhBms61vE5 aware of any relevant audEt Infomiat4on and lo establish that the auditors are aware ol that infomialion. AUDITORS The auditors, Salisbury & Company Buslne5s Solutions Llmlied. wlll be proposed for r8-appoinlrnenl al th8 forthcomlng Annual General Meeting. Page 4
NEWCIS R8POrt of the Trustees for th&> y8aT ended 31 March 2021 Report of thè truslees, Incorporatlng a strategic r8PDrt, approved by ordBr of the board of trustees, as the cotnpany dlreclors, on ............ and Signed on the board's behalf by.. Mr C Holsteln- Trustee q. 01 goal Pagg 5
Report of th8 Ind8pend6nt Audllors to the MFmbers of NEWCIS Opinion We have audited the finar)cial statements ol NEWCIS Ith8 '¢harilable company'l for the year ended 31 Mareh 2021 which comprise the Sla19menl of Financlal Actlvilios, thg Balance Sh8et, th8 Cash Flow Slalement and notes lo th8 linanclal Statements, Including a sutnmary of 51gnificant accounllng policie5. The financial reporting framework that has beèn applled In thelr preparatlon Is appllcable law and UnSted langdom Accounllng Standards IUni19d Klngdom Generally Accepted Accounting Practi1. In our opinion th8 financial slalements.. gNe a true and fa1r vlew of tho stalo of the charitable company's affalrs as at 31 March 2021 and of Ils Incotlllng resources and appllcation of resources, in¢ludlng Ils income and expendllure, for the year then ended,. have been properly prepBred in accordance vdth United Kingdom Generally A0pted Accounting Practice.. and have been prepared In accordance with the requirements Df the Companles Act 2006. Bas15 for oplnlon We conducl8d our audll In accordance with Inlernallonal Standards on Audlling IUKI IISAS IUKII and applicable law. Our respon8ibllities under those Standards are further described In the Aud1tors' responsibilitles for the audit of the finanelal statements secll(>n of our report. Wè are Independent ol the charliable company In accordance with th(9 gthical requirements that are relevant to our audit of the financlal statemenis in the UK, induding the FRC'S Elhic81 Standard. and we have lulfilled our other elhlcal responslbllilles In accordance with these requirements. W8 b81i8V8 that the audlt evldence we have obtalned Is sufficlenl and approprlale to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial s18t8m8nts, we hav8 concluded that the IrtJstee5' use of going cOnM basis of accounting In the preparation of the firnanCl statements is approprote. Based on the work we have perfomed, we have not idenlffied any malerfal uncertainties relalng lo events or conditlons that, Sndlvidually or collecllvely, may cast slgnificanl doubl on the charitable cotnpany's abilily lo continLJe as a gdng concern for a period of al least tsvelve rnonlhs frorn when the financial 8tatern8nts are authori5ed for158ue. Our r8sponslbililies and the r8spc>nsibili1185 of th8 tnt518es wth respect io gtslng concem are described in the relevant sections of thls report. other infomiation The Iruslegs are responslble for the other Informallon. The othgr Informallon comprises the Infotmauon Included In the Annual R8POrt, oth8r than th8 financial sl818m&nts and our R6port of the Independent Auditors thereon. Our OpInk on the financlal statements does not cover the other information and, except lo the 8xlent OtheSe expli(itly staled in our report, we do not express any fom of &ssuran¢g concluslon Iher80n. In wnnection with our audit of the finanal statements, our respon51bllity Is to read the other Infomialion and, In doirig $0, conslder whether the othBr Inforrnallon Is matèrlally Inoonslstent wlth the financial glalements or our thowl8dgB obtalned In the aud or otherwise appears lo be materially misstated. If we identity such material inconsistencles or apparent material misstatements, we arè required to determine whether this qives rise lo a ma19rial misstat8m8nt in Ihe fiiiancial statements themselves. If, based on the work we have perform8d, w8 conclude that there 15 a matedal isstalem8nl of thls other InfoTrn8llon, we are requlred to report that fact. Wè havè nothlng to report In thls regard. OplnSons on other matter5 prescrlbed by the Companles Act 2006 In our oplnion, based on the wodt undertaken in the course of the audSt'. the Infarinat1Dn given in the Report of the Truslees for the finanaal year for which the financial st81em8nts 8ie prepared is conslstent wSlh the fin2nclal statements,. and the Report ol the Trustees has been prepared in accordance with applicabl818gal r8quir8ments. Matters on whlch w$ are requlred to r8POrt by exceptlon In the light of the knoedge and und8rstandlng of the charliablè company and ils environment oblalned in the ¢ourse of the audll, we have not Identsfled malerlal mlsstatemenls in the Report of the Trustees. We have nothlng to report in respoct of the followng rnatters whère the Companles Act 2006 requlres us to report to you 11, In our oplnion: adequate accountlng COrdS have not been kept or turnS adequate for OUT audit have not boen recoived from branches nol vislted by us.. or the financial statements a not in agreement with the awounling rewrds and r8Ms., or certaln dlscjosures of trustees. remuneralloll sp¢3cified by law 8r8 not m&d8.' or we hav8 not receiv8d all lh8 inforrnalion alld 8xplanation5 we rEquI for our audit. Pag8 6
RepLTrrt of the Independent Auditors to tlie Members of NEWCIS Responsiblllties of tru5teB$ As @xplainBd mrire fully in thé Slalemenl ol Trus18es' Responsibilities, the Irusteos (who are also the dirgclors of the charilab18 compdny for the purposes of corvpany lawl are responsSbl@ for the preparauon of the financial slat8Tll8rits and for bolng Satisfied that th&y g5ve a true and fair vlew. and for such internal control as the trusleos determino Is necessary 10 8nab19 the preparation of financial slalem8nts that are free frorn rnaterlal misslalemenl. whethgr due lo fmud or erior. In pl8pang the financial stalèmenls, the tfustees Are re8ponsible for assessing the challlable company's ability to continue as a going concein, dlsclosing, as 8ppIIcBble. mallers r81ated lo going ooncern and us1ng the golng concerll basis of aceounling unles8 thè trustees eilhtsr Intend to Ilquidat8 tho charllable company or to cease operatlon8, or havg no realistic altemalive bul lo do so. Our responslbllltles for the audlt of the Ilnancla5 statemtrnts Our oblectlves are lo obtain reasonabl& assurance about whether the flnancial statements as a whole are free frorn mat8rial misslatem8nl, whether due lo fiaud or error, and to issue a Report of the Independent Auditors that includ8s our oplnion. Reasonable assurance is a high level ol assurance. bul is not 8 guarantee that an audit eonducled in accordance with ISA5 IUKI will always detect B material misstatement when il est$. Misstatements can adse from Iraud or error and are oonsidBred malgrial if, indivldually or in th8 aggrpgale, they could reasonably be exp8Cted tr> influenc6 the èconomlc derisions of users taken on the basis Df thes0 finandal statements. Irregularftles. including fiaud, are instance5 of non-compliance wllh laws and regulalSons. We design ProdureS in line with our responsibilities, outlined above, to delect malgri81 mi85181emenls in rèspect of irregularities. including fraud. The extent to whlch our prOdureS are capable ol detecting irregularllles, including fraud is detslled below- As part of an audll In accordance with ISAS IUKI, w8 ex8rcise professlonal judgemBnt and malnlaln professlonal SQgpllclsm IhToughoul the audit. We also.. Identlfy and as88S5 tha risks of mat8rial misslalement of the financial st8tements. whether due to fraud or error, d8sign and perfom audit procedures responsive to thos8 risk5. and obtain audit evldencg that Is suffi¢ieHI and appropriat@ to provldè a basls ft)r our oplnlon. Th8 risk ol not clelfy¢ting a material misstalBmenl resultlng from fraud Is higher than for one resulting from error, a5 fraud may invoSvg colluslon, forgery, intenllonal omlssions. misrepr8sentations, or the override ol internal control. Obtain an understanding of Intern81 control rèlevant lo the audit In ordeT lo dèslgn audit pmcedures that are sppropriale In the clrcurnstanc@s. but not for th8 purpose of expres51ng an opinK>n on the effedvèness of the oompanvs Internal control. Evalualo tha approprialgnoss of accounting pollcles used and the reasonableness of accounung esllrnalgs and related disclosures rnade by th9 directors. Conclude on the appropriateness of Ihe directors. us8 of the golng concern basis of accounting and, based on the audit evidence obtsined. whelher a maleilal uncertainty gxist5 related lo events or conditlons that rnay ca51 slgniflcanl doubt on the company's abllity to continue as a going concern. 11 we curidude that a mal8rial uncertainty 8$1$, we ar@ required to draw attentlon In our R8pork of the Audilois to the related disc105urès Iri th8 finan&al stalgments or, rf such dlsclosures arg inad8quale. lo modify our opinion. Oui conclusions arg based on the audit evldencg obtained up lo the dat8 of our Report of the Auditors. However. futur8 gvanls or conditlons may caus9 th8 company lo cease lo conunue as a going concem. Evaluate Ihg overall Presenlallon, structure and conlenl of the financial statements, Including the disclosures, and whelhar th9 financlal statements 18presenl the underlying transactions and events In a manner that achiev8s falr presentation. We communicate with thos8 charged with govemBnce regarding. amung other tnatters, the planned scope and timing of the auLlil and significant audlt flndlngs, inoludlng any slgnificanl dBflclenGies in internal control that we Identify durlng our audit. A further descriplon of our respon51bllllles for th8 audll of the financlal statements 15 located on fhe Flnancial R8portlng Council's website al www.frc.org.uklaudlloT8re8ponslbllltles. Thls d8scriplSon forms part of our R6POrt of the Auditors. A further d8scrlplion of our responsibilities for the 2udil of the financSal stalem6nts Is located on the Financlal Reporting Council's webslle al www.fio.org.ukJaudlloTsrèsponslbllilles. This description forms part of our Report of th8 Independent Audito. Page 7
Report of the IndependèntAudltors to the Momhers of NEWCIS Use of our report Thls report is made solely to the charltable company's memb8rs, a8 a body, In accordanc8 wtth Chaptsr 3 of Part 16 of Ihe Companies Act 2008. Our audit work ha5 beBn undert&k8n so that W8 tllight state to thB charitable company's m8mbers those maller8 we are required lo stale to them in an audKors' report and for no other purpose. To the lullesl extent pertnllted by law, we do not accgpt or assume responsibility lo anyone other than the charitable company and the charftable company's rnemb8rs as a body, for our audit work, forthis report. orfor the opinions wo have formed. Aled Rob6rts BA (Honsl FCA IS8Nior Statutory Auditor} for and on behalf of S8115bury & Company Busin8ss Solutions Limited statutory Audllors Chartered A¢6nIants Irish Square Upper Denbigh Road StAsaph Denblghshlrè LL17 ORN Dale-. S-k-)vJi Pago 8
NEWCIS statement of Flnancial ActlvÉtles for the year ended 31 March 2021 2021 Tota5 funds 2020 Tofral fund5 UnrgStiic18d fund Reslricied funds Notes INCOMEAND ENDOWMENTS FROM Donations and other granis 28,825 28,825 fj,838 Charltabl8 actlvltles Support for ¢ar¢rs WCVA 1,530.121 6,987 147,919 1,678,040 6,987 1,319,444 47,271 Other trading actlvilies Investment Income Other income 47.668 304 9.505 47,668 304 9,505 156,594 709 14,375 Total 1.623,410 147.919 1.771.329 1.540,231 EXPENDITURE ON Raising funds 217.473 217,473 176,652 Charltable acllvltlo5 Support for carers 1,227.335 147.630 1,374,965 1,276,712 Total 1.444,808 147,630 1.592,438 1.453,364 Net galns on Investments 1.562 NET INCOME 178,602 289 178,891 88,429 RECONCILIATION OF FUNDS Total funds brouuht fOard 400,608 15,322 415,930 327,501 TOTAL FUNDS CARRIED FORWARD 579,210 15,611 594.821 415,930 The notes form part of these finaneAal slalements Page 9
NEWCIS Balance Sheet 31 March 2021 2021 TolaS funds 2020 Total funds Unr8Strict8d fund R85trict8d funds Notes FIXED ASSETS Tangib18 assets 16 247,278 247,278 40.258 CURRENT ASSETS Deblors Cash al bank and In hand 17 45.867 590.182 45,867 605,793 102,515 412,557 15,611 636.049 15.611 651,660 515,072 CREDITORS Amounts falllng due wlthln one yaar 18 1304,1171 1304,1171 1139.4001 NET CURRENT ASSETS 331,932 15,611 347,543 375,672 TOTAL ASSETS LESS CURRENT LIABILITIES 579.210 15.611 594.821 415,930 NET ASSETS 579,210 15,611 594,821 415,930 FUNDS Unraslriclod funds R8slricted fvnds 19 579,210 15,611 400,608 15.322 TOTAL FUNDS 594,821 415,930 The fin8noial stalgments wgre approved by the Board of Trustees atsthorised for skIe . and were slgngd on Its behalf by. on Kor C Ho1steln- TrLJStee a4.1 achll The notès form part of thase Ilnandal slatemènts Page 10
NEWCIS Cash Flow Statement for th8 year endod 31 March 2021 2021 2020 Not6s Cash flows from operating a¢tivitie5 Cash generated from operations 412,854 116,471 Nel cash provided by operating aetlvllies 412,854 116,471 Cash flows from investing actlvitios Purthase of langlble fixed assets S31e of fixed assel Inveslm8nt5 Interest reIved Dividends recgiV8d 1219,9221 128,0061 250.428 304 709 Nel cash (used inyprovidgd by Investing actlvitles 1219,6181 223,131 Change in cash and cash equivalents In the reporting perlod Cash and cash equlvalents at th beglnning of the reporting perlod 193,236 339,602 412.557 72.955 Cash and cash equivalonts at thg ènd of the reportlng period 605.793 412.557 The nol69 fomi part of these fin8ndal sla18ments Pag811
NEWCIS Not85 to the Cash Flow Stat8m8rit for the year ended 31 March 2021 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2021 2020 N6t inGomg for th8 r6porting p8riod las p8r th8 Stalgm8nt of Flnancial Actlvllle51 Adjustments for: D8preciallon chaiges Losses on Investmenis Interest recelved Dividends re¢eived Bad debts 178.891 88,429 11,878 8,501 12,2701 13041 17091 1,024 56,648 164.717 DBcr@ase in d8btors Iniyeaselldecreasel In credltors 289,352 {266,8321 Net cash provided by operations 412,854 116,471 ANALYSIS OF CHANGES IN NET FUNDS At 114120 Cash ffow Al 3113121 Net cash Cash al bank and In hand 412,557 193,236 605,793 412,557 193,236 605,793 Total 412,557 193,236 605.793 Thg no19s form part oflh9Sg financial stat9monts Pagè 12
NEVVGIS Notes to th• Flnanclal Statements for the y8ar ended 31 March 2D21 ACCOUNTING POLICIES Basis of preparing the flnanclal statements The financial statements of the charitable company, which Is a publlc bgntsflt enlily under FRS 102, have been prepared in accordanc8 With the Chariligs SORP IFRS 102) 'Accounling and Reporting by Charities: Stalemenl ol Rgcomtn@nded Praolic8 applicable to charities preparing their accounts in acwrdarioe with the Financlal Reporiing Standard appSicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporting Slaiid8rd 102 'The Financial Reporting Standard 8ppllcable In the UK and Republic of Ireland, and Ihe Companies Act 2006. The Ilnancial staloments have begn prepared under the historical cost convention, wlth the 8xc8ption of invesltnents which ar8 included al maTket value, as modthed by the rgvaluatSon of certaln assets. The financlal sta19ments are prepared in sterling, whlch Is the funoiTonal currency c>f the charltable company. Monetary amounts in Ih8se financial slalemenls are roundèd to the neargst £. The accounts have begn prepaT8d undBr the hislorfcal cost convention. The prlnciple accounting policies adopted are sel out below. Incomg All inCOTllE is recognSsed In the Statemenl of Finanal Activities oric8 the chaty has entitlement lo th8 funds, il is prob8ble th81 th9 inwma will b8 r8celved and amount can be measured r811abty- Cash donations ar8 r8cognlsed on rec81pl. Other donations are r8cognSsed On( the charfly has been notlfied of the donation, unless performance condltions quIre deferral of tho amount Inoome lax recoverable ill relation to donatlons rec8lVgd under Gift Ald or deeds of cov8nant Is recognised at the lime of the donatton. Legacies are r8co9nlsed on Te¢elpt or olhepNi58 If the charity has been notif58d of an impending dlstrfbullon, tho amount Is known, and the receipt is expected. If the amount is not known, the legacy 18 treated as a conlingenl asset. Expendltur8 LiabilitlBS are r8cognised as expenditure as goon as there Is a legal or conslruclive Dbligalion committing the charity to that expenditure, It Is probable that a Iransler of 8CDnomi¢ benefits will bg required In sattlemenl and tha amount ol the obligalion can be m@aSUd reliably. Expendilur8 Is accounlecl lor on an acoiuals basis and has been classified under headings that aggregate all cost related to thE category. Whore c051s cannot be dlrectly attributed io particular headings they have begn 811ocated lo activlties on a basls consistanl with the use ol tssources. Grarlts Payable Grants payable are in rolatlon to grants for Indlvlduals. Al grants payab18 are relating to charitable aclvllies. Grants offered subject to eondilions whSch hav8 not been mgt at tho ar end date are noted as a cotnmltmenl bul not accrued as expèndllure. Gov8rnment grants Government grants shall be rooognlsed In the Statement of Finandal Activities on a syslèmatlc basls over th8 periods in which th8 entity recognlsès as expenses the related costs for whlch the grants are intended to compen58te. A]locatlon and apportionment of cost5 Overhead and sllPPOrt costs are allotraled b8tween charitabl8 actiwlies and governance )sts. Tanglb18 flxed a5S8ts Depreciallon is provid8d at the followlng annual ral85 In order lo write off each gssel over Its 8stimal useful life. Long leasehold Plant and machinery Fkxtures and flttings Computer equlpmenl Tangible fiknd assets are Initially Measured al (x)st and subsequgnuy measur8 at Gost or vttluation, net of depreciation and any Impalmienl108S8s. Flxed ass8ts cosllng more than £1,000 8re capitalised on acquls111on. Straight line over 20 years 25OA on reducing balancè 20% on reducing balance 33Y¢ on cost and 20QA on cost The gain or loss arislng on the dlsposal of an asset 15 d81erfflined as the difference between the 38le proceeds and the carrylng vAlue of th8 asset. and is recognised in net Incomellexp8ndlture} for tho year. Page 13 )nllnuad...
NEWCIS Notes to the Flnancial Statements continued for tlie year ended 31 March 2021 ACCOUNTING POUCIES- contlnued Taxation Th8 charfly is exernpl from corporatlon tax Dn fts chgTil8ble activS1igs. Fund aGcountlng Unrestrfct6d fund8 can be us8d In accordance wtth ihe eharltable oblectlves at the discrgtion of thg Iruslees. Reslrlcted funds can only be used for parlicular restricted purposes wilhln the object5 of the charfty. Restrictlons arise wh9n specSfied by tha tlonor orwhen funds ar8 ralsed for particular restrlclad purposes. Further @xplanation of the nature and purpos& of each fund Is Inoluded In Ihg notes lo the financlal slal8menls. Hlre purchase and leaslng commltments Rentals pald under aperatlng leases are charged lo the Statement of Financlal ActSvllles on a stralght Ilnè ba$1$ over the period of the lease. PEnslon costs and other post-retiremenl beneflts The charTtable company opwrales a defined conlrlbutlon penslon scheme. Contributions payable lo the charitable company's pension scheme are charged lo the Statement of Financial Activitl8S in th8 period to which they relate. Golng Concèrn Al tho lime of approvlng the financSal statements, the Irusleos have a reasonable expectation that the charftable company has adequate resources to continue In operational 8XlSt8nce for th8 foreseeable lulure. Thus the Iruslees continu9 to adopt Ihg going concem bas(s of accountlng In preparillg the finanolal ststemgnts. Donated Servtces The basls of valuation for donated 88rvi¢es of volunteers Is that deemed costs are not recognlsed wh1n the 8tatem8nl of financial activiiies. Group Accounts These finandal Statements consolidatg the results of the d)arlty and Its subsldlary company Carer Ventures Ltd on a line by Ilne basls. A separate Slatemgnl of Flnanclal Acllvlues for the charlty Is not presented because the charity has taken advantage of the exemptions afforded by paragraph 393 of the SORP and secliDn 408 of the Compani98 Act 2006. The charity owns shares in Car@r V8ntur8s Ltd alld dire¢loT8 of these companies aTe also d1rectors of th& charity. DONATIONS AND OTHER GRANTS 2021 2020 Donations Job retention sch8rne 1,010 27,815 1,838 28.825 Grdnts recelved, Included In the above, are Bs follows.. 2021 2020 Job Retention Scheme 27.815 Page 14 conlinu8d...
NEWCIS Notes to the Flnancial Slatemgnts- contlnugd for th@ yeaT gnd8d 31 MarGh 2Q21 OTHER TRADING ACTIVITIES 2021 2020 Fundraising events Shop income 8,838 38.830 30.9B2 125.612 47.66B 156,594 INVESTMENT INCOME 2021 2020 Other Iixgd asset invest- Fll Deposit accounl1nleresl 709 304 304 709 INCOME FROM CHARITABLE ACTIVITIES 2021 2020 Acliwty Support ft)r carers WCVA Grants Grants 1,678,040 6,987 1,319,444 47,271 1,685,027 1,366,715 Grants rec91v8d, Included In the above, ar6 as follows.. 2021 2020 BCU- Slippage cu D8nbighshlre County Coun1 Flintshlre County Council Wrèxham County Gouncil Big Lottery Fund Wales Council for Voluntary Actlon DCIW- Pathfinder Proj8Ct COVID 19- Responsè 9,570 103.871 193,294 416,642 257.021 339,046 47,271 118,121 214,456 524,280 348.100 147,919 6,987 1,488 323,676 1,685,027 1,366,715 RAISING FUNDS 0th8r tradlng acllvltles 2021 2020 Purchases Staff costs Bad d8bts Support costs 19,730 132,890 1.025 63,828 100 107,651 1.440 67.216 217,473 176,407 Pao& 15 conlinu8d...
NEWGIS No185 to tho Flnanc131 Statements- contlnuad for th& year ended 31 March 2021 RAISING FUNDS- contlnued Investment management ¢08ts 2021 2020 Portfolio manag8m8nt 245 Aggregate amounts 217,473 176,652 CHARrrABLE ACTIVITIES COSTS Grant funding of activtmes (889 not9 Support costs (see note 91 Totals Support for carers 434.082 940,883 1.374.965 GRANTS PAYABLE 2021 2020 Supportfor carers 434,082 316.097 SUPPORT COSTS InformatK)n technology Goveman costs Management Flnanc8 Totals Olh8T trading aclivitigs Support for cargrs 54,003 926,274 1.008 83 2,766 4,414 6,051 10,112 63.828 940,883 980,277 1,091 7,180 16,163 1,004,711 10. NET INCOMEIIEXPENDITUREI Net Incomellexpendlturel Is stated after charglngllcredifjngl.. 2021 2020 Auditors. remuner8Yon Audilors, rgmuneratlon for non Budlt work Depreciatlon- owned assets Other operating leases 1,800 9,459 13.312 46,050 1,800 9,875 8,618 56,524 TRUSTEES, REMUNERATION AND BENEFITS There were no trusteas, romuneralion or other benefits for th8 year &nded 31 March 2021 nor for the year end8d 31 Mah 2020. Page 16 conllnued...
NEWCIS Note5 to the Flnanclal Statemgnts - contlnued for tho year endod 31 March 2021 TRUSTEES. REMUNERATION AND BENEFITS- conllnued Trustee5' expens85 During the year expenses of £nll 12020.. £1,518) were paid to trust88s for travel expenses. 01 this amount £nil 12020.. £5151 was donated back to the ch8rity- 12. STAFF COSTS 2021 2020 Wag8s and salarles Social seGurity costs other PBnslon costs 885,216 55.301 32,gs0 829,937 59,9g1 28.094 973,467 918,022 Th8 average monthly nurnber ol amployees during the y8ar wa5 as follows.. 2021 35 10 2020 32 Support Shop 45 38 No employees rgcefved emoluments In excess of£60.000. The staff costs and staff numbers allalysls above relate to both the Charity and the Group. 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivifiES Unrgstricted fund Rgslrictéd funds Total funds INCOMEAND ENDOWMENTS FROM Donation¥ and Dther grants 1,838 1.838 Charltable activiti98 Support for carers WCVA 980.398 47,271 339,046 1,319,444 47,271 OthEr Iradlng activities Investment income Other Sncome 156,594 709 14,375 156,594 709 14.375 Total 1,201,185 339,046 1.540,231 EXPENDITURE ON Raising funds 176,652 176,652 Charitable actlvltles Supportfor Garers 950.509 326.203 1,276,712 Total 1.127.161 326,203 1,453,384 Nel gains on inv8StmBnts 1.562 1,562 NETINCOME 75,586 12.843 88,429 RECONcILTION OF FUNDS Total funds brought forward 325,022 2.479 327,501 Page17 conlinu8d...
NEWCIS Notes to the Flnanclal Statements - contlnued for the year ended 31 March 2021 3. COMPARAfEVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- conllnued Unresldcted fund Restrfcted funds Total funds TOTAL FUNDS CARRIED FORWARD 400.608 15,322 415,930 14. FINANCIAL PERFORMANCE OF THE CHARITY The consolldaled Statement of Flnandal ActIlIeS Indudgs the results of thg charity's who15y own9d subsldlary, Carer Ventures Limlted. The summary financial perfomianc8 ofthe charity alon8 IS.. 2021 2020 Donations and legatties Charitable activities other trading aclivili85 Inv8sttnenl income oth8r Income 1,010 1,437,807 8,837 3( 9,505 1,838 1.319,444 30,982 709 14,375 1,457.463 1,367.348 Raising funds CharTtable acllvilies 1170.1421 11,162,482) 168.9011 11,209.4971 11.326.3241 11,278,398) Nel gainslllossesl on Investments 1,562 Ngt incomellExpendilLSrel 124,839 90,512 Total funds brought forward 424,048 333,536 Total funds carried forward 548,887 424,048 15. F]NANCIAL PERFORMANCE OF CARER VENTURES LIMrrED NEWCIS own6 the entire share capital of Carer Ventures Llmiled, which op8rales the trading acuvltles on beha of the Charity in Ihg form of charity shops and other social ent8ipris& activiti85.Company numbet 10638466. Tho trading results of Car9r Ventur8s Limi18d, as extracted from the audlled financlal Gtaternents, arg sutnmarised bdow.. 2021 2020 Turnov8r Cost of sa19S 144,120 1152.6201 125,612 1107,7511 Gross Profil {8,5001 17.861 Admln1stratlve 8xpenses Gr8nis receSved 164.8531 127,116 168,0401 47,271 Opordling profitloossl 53,763 12,9081 Tax on profivllossl 825 Profitlllossl for the financlal period 53,763 {2,083) The assbis and liabllitios of the sub5idlary were.. Page 18 ntinuBd...
NEWGIS Notes to the Financial Statements continued for the year ended 31 March 2021 15. FINANCIAL PERFORMANCE OF CARER VENTURES LIMITED . contlnued Tangible ass8ts Current assets 18,433 71.206 159,3161 23,557 45,797 192,7941 Total asse less cuirenl liabilities 30,323 (23,44DI Provlslons for liabiliues Nel Illablli118syassets 30,323 123,4401 Aggregate capltal and reserves 30,323 123,4401 16. TANGIBLE FIXED ASSETS lrnprovements to property Freehold propety Long leas8hold Plant and achinery COST Al 1 April 2020 Addltions 8,200 5,125 1.184 215,181 At 31 March 2021 215,181 8,200 5,125 1.184 DEPREC5ATION Al 1 Aprfl 2020 Charg8 foi year Elirrlnaled on disposal 820 820 666 1,025 {4101 497 172 At 31 March 2021 1.640 1,281 669 NET BOOKVALUE At 31 March 2021 215.181 6.560 3,844 515 Al 31 March 2020 7.380 4,459 687 Fixtures and fittings Motor vehlcles Computer èqulpment Totals OST Al 1 April 2020 Additions 40,198 15,500 37,125 4.741 107.332 219,922 At 31 March 2021 40,198 5,500 41,666 327,254 DEPRECIATION At 1 Aprfl 2020 Charge for year Eliminated on dlgpos81 37,276 584 1,292 3.100 26,523 7.611 67,074 13,312 (4101 At 31 Mareh 2021 37.860 4,392 34,134 79,976 NET BOOKVALUE AI 31 MErch 2021 2.338 11,108 7,732 247,278 Al 31 March 2020 2.922 14.208 10,602 40,258 Page 19 conlSnued...
NEWCIS Notes to the FlnanclBI Stat8m&nts - contlftu8d for th8 y8ar ended 31 March 2021 17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trade d8btors other debtors VAT Prepayments and accrued Income 15,246 500 2.1Q9 27.922 59,569 2,750 1,826 38.370 102,515 18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE Y&4R 2021 2020 Trade creditors Social security and other taxes other creditors Aceruals and d8f8ir8d Incom8 22,084 519 1,592 279,922 13,958 17,187 2.449 fj05,806 304,117 139.400 Included within Accruals and deferred Income is deferd income lolalling £35,403 12020.. £Nill Included in deferred inoom9 are in rolalion lo grants receivod for lalor poriods. Arnounts 19. MOVEMENT IN FUNDS Nel movement in funds Al 3113121 Al 114120 Unre5trlcted funds General fund 400,608 178,602 579,210 Restricted funds Blg Lottery Fund Th8 H8nry Smith Charily 14,663 659 289 14,952 659 15.322 289 15,611 TOTAL FUNDS 415,930 178,891 594,821 N8t movem8nl in funds, includ8d in th8 8bov8 ar8 as follows.. Incomlng resour5 Resourcas expended Movement in funds Unr85trict8d fund5 General fund 1,623,410 {1,444,8081 178,602 Restricted funds BSg Lottery Fund 147.919 1147.6301 2e9 TOTAL FUNDS 1,771.329 11,592.4381 178,891 Page 20 onNUed...
NEWGIS Notes to th8 Flnanclal Stat9m8nts- contlnued for thg yoar ended 31 March 2021 19. MOVEMENT IN FUNDS- continued Comparatlvg$ for movement in funds Net movement in fvnds Al 3113120 At 11411g Unrestrlcted fund5 General fund 325,022 75,586 40D,608 Reslrt¢ted funds Big Lottery Fund The Henry Smlth Charfty 1,820 659 12,843 14.663 659 2,479 12,843 15.322 TOTAL FUNDS 327.501 88,429 415,930 Comparative net movem&nt In fund8, Included in the abov6 are as follows.. In(x)mlng R8sources resources 8xpended Gains and losses Movement In funds Unrestricted funds General fund 1,201,185 {1,127,161) 1.562 75,586 Restricted funds Blg Lott9ry Fund 339,048 1326.203) 12,843 TOTAL FUNDS 1.540,231 {1,453,3641 1.562 88.429 A current year 12 months and prKJr year 12 months comblngd posltiori is as follows.. Nal movement In funds At 3113121 Al 114119 Unrestricted funds Gèneral fund 325.022 254,188 579,210 ReslriGted funds Blg Loltery Fund The Henry Smith Charty 1.820 659 13.132 14,952 659 2.479 13,132 15,611 TOTAL FUNDS 327,501 267,320 594,821 PÈge 21 conllnufjd...
NEWCIS Notes to the Flnanclal Statements- Gontlnued for the yettr ended 31 March 2021 19. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 Tnonths oombined n81 mov8m8nl in funds, Included In the above are as follow8.. Incoming resources Resources 9xpended Gains and losses Movernent In funds Unrestricted funds Gelleral fund 2,824,595 12,571,969) 1,562 254,188 Restrlcled funds Blg Lottery Fund 486.965 1473,833) fj3,132 TOTAL FUNDS 3,311.560 {3,045.8021 1.562 267,320 Blg Lottery Fund This Is B restricted fund speclfied for wellbelng support lo family careT8, providing one lo one 8UPPOrt, respite breaks, group support and counselllng. Th8 Henry Smllh Charlty This is a reslricled fund specified for the provision of a volunt88r co-ordinator to support the volunteers within the harity and support gvgnls and a1Vg8. 20. OTHER FINANCIAL COMMITMENTS As al 31 March 2021 the Charity had capital commilrn8nts in r8lalian to th8 operating leases for the shops al Buckley and Mold. 21. RELATED PARTY DISCLOSURES The charflable company has taken advantage of exemption, under the terms of Financial R&porting Standard 102 'Tho Financlal Reporting Standard appllcablo In th8 UK and R8public of Ireland,, not to dlsclc>s& related party transactions with wholly owned subsidiaries wilhin the group. LEGAL STATUS OF THE CHARITABLE COMPANY The Chadty operates as a registered company lirnlted by guarantee, th8 numb8r of gu8r8ntees belng 8. The liability of each guarantor is lirniled lo £1. Page 22
NEWCIS Detailed St8tement of Flnanclal A¢tivitieB for th8 year ended 31 March 2021 2021 2020 INCOME AND ENDOWMENTS Donation8 and other grdnts Donations Job retention scheme 1.010 27,815 1,838 28.825 1.838 other tradlng 4ctlvitiès Fundraislng events Shop Income 8.838 38,830 30,g82 125.612 47.668 156,594 Investment incom Other red asset invest- Fll Deposll account inlgr9sI 709 304 304 709 Charitable activities Grants 1.685,027 1,366,715 other income other income 9,505 14,375 Totsl incoTning resourcès 1,711.329 1.540,281 EXPENDITURE Olh8r trading acllvltlgs Purchases Wages Bad d8bts 19,730 132,890 1.025 100 107.651 1,440 153.645 109,191 Invèstment management Costs Porttolio manauemenl 245 Gharltable activitles Grants to IndlvSduals 434.082 316,097 Support costs Management Wage5 Sottlal security Pensions Rent & rat8S Insurdnc8 Light and heat Telephona Postage and stationery bAarketing & PR Sundries Managemgnt Fees Carried forward 752,326 55.301 32,950 46,050 9.91CI 2.892 7.740 20.832 300 808 204 929,313 722.286 59,991 28.094 56,524 8,530 9,836 8.605 34.151 432 928.449 ThIB page does not form part of tho statutory financial slat8tn8nts Page 23
NEWCIS Dètalled Statement of Flnanclal Actlvlt185 for the year ended 31 March 2021 2021 2020 Manag8Tnent Brought forward Computer tunning costs Subscriptions & trailling Travèl & subsistence Office cleaning Consultancy fees conference & meeting costs Motor EXp8s9 Entettalnrnent Staff wella Long leasehold Plant and machinery FIxtu$ and fillings Molorvehicles Computèr equlpmenl 929,313 4,440 10,775 10,971 404 1.284 218 10,480 928.449 5,352 10.772 23,933 2,664 10,052 5,784 7.456 387 283 256 229 989 1.083 6,052 514 410 172 585 3,100 7,611 980,277 1,003,691 Finance Bank charges 1,091 382 Informatlon technology RepaSrs and renewals 7,180 7,438 Governance costs Auditors. rgmunerallon Auditors, remuneration for non audit work Legal & Professlonal Fees Deferred tax 1,800 9,459 4,904 1,800 9,875 5,470 18251 16.163 16,320 Total r8sourc8S 8XP8nd8d 1,592,438 1.453,364 Net Income 178,891 86,867 Th18 pag8 dogs not forrn ptrt of tho stalulory financaa5 slalemgnts Pagg 24