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2021-03-31-accounts

Trustees' Report I to 14
Independent
Auditors'		 Report 15 to 17
Statement ofFinancial Activities III to 19
Balance Sheet 2O
Statement ofCash Flows 21
Notes to the Financial Statements 22 to 35

Unrestricted Restricted Total
funds funds 2021
Note
Income and Endowments from:
Donations
and legacies		 519 519
Charitable
activities		 385,244 670,265 1,055,509
Other trading
activities		 19,624 19,624
Investment
income		 263 263
Total income -105,650 670.265 1,075.915
Expenditure
on:
Charitable
activities		 (163.000) 1739.055) (902,055)
Total expenditure (163,000) (739.055) (902,055)
Net income/(expenditure) 242,650 (68,790) 173,860
Net movement
in funds		 247,650 (68,790) 173,860
Reconciliation
offunds
Total funds brought forward 579,052 73,605 652,657
Total funds carried forward 821,702 4,815 826,517

Unrestricted Restricted Total
funds funds 2020
Note
Income and Endowments from:
Donations
and legacies		 7
Charitable
activities		 292,446 449,765 742,211
Other trading
activities		 23 420 23,420
Investment
income		 ,050 2,050
Other income 376 376
Total income 318.299 -149,765 768,064
Expenditure
on:
Charitable
activities		 (311,500) (405,599) (717,099)
Total expenditure (311,500) (405,599) (717.099)
Net income 6,799 44,166 50,965
Transfers
between		 funds '2,891 (7,891)
Net movement
in funds		 9,690 41,275 50,965
Reconciliation
offunds
Total funds brought forward 569,362 601,692
Total funds carried forward 18 579,052 73,605 652,657

Balan ce Sheet as at 31March 2021
2021 2020
Note
Fized assets
Tangible
assets		 125,873 130,670
Current
assets
Debtors 164,551 6,532
Cash at bank and in hand 801,492 588,741
966,043 595,273
Creditors:
Amounts		 falling due within one year 16 (265,399) (73,286)
Net current assets 700,644 521,987
Vet assets 826.517 652,657
Funds of the charity:
Restricted
funds		 4,815 73,605
Unrestricted income funds
Unrestricted funds 821.702 579,052
Total funds 18 826,517 652,657

Statem ent ofCash F lows for the Year Ended 31 March 2()21
2021 2020
Note
Cash flows from operating
activities
Net cash income 173,860 50,965
Adjustments
to cash flows from non-cash		 items
Depreciation 8,246 7,815
Investment
income		 (263) (2,049)
181,843 56,731
Working
capital adjustments
increase
in debtors		 15 (158.019) (4,159)
Decrease
in creditors		 16 (35,996') (12,184)
increase/(decrease)
in deferred		 income 228,109 (24.-'l05)
Valet cash flows from operating activities 215,937 15,983
Cash flows from investing activities
Interest receivable
and similar		 income 6 263 2,050
Purchase oftangible
fixed		 assets 14 (3,449) (49,883)
Net cash flows Irom investing activities (3,186) (47,833)
Net increase/(decrease)
in		 cash and cash equivalents 212,751 (31,850)
Cash and cash equivalents at I April 588,741 620,591
Cash and cash equivalents at 31 March 801,492 588,741

Unrestricted
funds
Total Total
General 2021 2020
Donations and legacies;
Donations from individuals 519 519
519 519

Unrestricted
funds
Restricted Total Total
General funds 2021 2020
Membership fees 2,679 7,679 7,410
Services for members 3,068 3,068 17,386
Grants 379,497 670,265 1,049,762 727,415
385,244 670,265 1,055,509 742,211

Unrestricted
funds
Total Total
General 2021 2020
Property rental income 19,624 19,624 23,420
19,624 19,624 23,420

6 Investment
i		 nco me
Unrestricted
funds
Total Total
General 2021 2020
Interest receivable and similar income;
Interest receivable on bank deposits 263 263 2.050
7 Expenditure on charitable activities
Unrestricted
funds
Restricted Total Total
General funds 2021 2020
Direct charitable activity 118,077 445,185 563,262 520,786
Grant funding of activities 293,870 293,870 161,775
Allocated support costs 23,930 23,930 21,924
Governance costs 20,993 20,993 12,614
163,000 739,055 902,055 717,099

Unrestricted
funds
Total Total
Basis of General 2021 2020
allocation
Staff costs A 22,847 22 547 21,276
Rent 1,383 1,383 648
23,930 23,930 21,924

Reference tVlethod ofallocation
A 8%oftoal annual
expenditure

Unrestricted
funds
Total Total
General 2021 2020
Audit fees
Audit ofthe financial statements 1,600 1,600 1,600
Other fees paid to auditors 2,000 2,000 2,000
Legal fees 17,393 17,393 9,014
20,993 20,993 12,614

2021 2020
Name of institution Activity
Third Sector Preventative Interventions
Multiple institutions Fund 51,000 22,182
Ivlultiple institutions ICF Capital Investment
Investment
Fund		 and Revenue 140,000 100,000
ivlultiple institutions Health Charity 28,645 34,818
Multiple institutions Comic Relief Grant 26,591
Multiple institutions Dish Out Dosh 3.478 -I.775
Multiple institutions Charities
Together		 17,158
lvlultiple institutions Welsh Govenunent COVID-19 25,000
i&Iultiple institutions Vale ofGlamorgan COVID-19 2,000
293,872 161,775
10 Net incoming/outgoing 10 Net incoming/outgoing resources
Net incoming
resources for		 the year include:
2021 2020
Operating
leases		 - other assets 13,215 12,953
Audit fees 1,600 1,600
Other non-audit services 2,000 2,000
Depreciation of fixed assets 8,246 7,815

2021 2020
Staffcosts during the year were:
Wages and salaries 394,455 365,257
Social security costs 33 502 37 619
Pension costs 17 90'7 20,-135
450,939 -1 1S.321
the year e xpressed
as full time equivalents
was as foll		 ows:
2021 2020
iVo (Vo
Directors & Management
Finance 1
Voluntary support 10
14

14 Tangible
fixed asset		 s
Land and Furniture
and
buildings equipment Total
Cost
At
1 April 2020		 117,659 29,511 1-17,170
Additions 3,449 3,-149
At 31 March 2021 117,659 3"960 150619
Depreciation
At
1 April 2020		 7 353 14,147 16,500
Charge for the year 2 353 5,893 8,246
At 31 March 2021 4,706 20,040 2-'1,746
Net book value
At 31 March 2021 112,953 17,920 125,873
At 31March 2020 115,306 15,364 130,670
15 Debtors
2021 2020
Trade debtors 3,363 6,532
Prepayments 161,188
164,551 6,532
16 Creditors: amounts falling due within one year
2021 2020
Trade creditors 2,026 36,788
Accruals 3,942 5,176
Deferred income 259,431 31,322
265,399 73,286

Notes to the Fina ncial Statements
for the Year		 Fnded 31March 2021
2021
Deferred income at I April 2020 (31,322)
Resources deferred
in the period		 (259,431)
Amounts released
from previous		 periods 31,322
Deferred income at 31 March 2021 (259,431)

2021 2020
Land and buildings
Within
one year		 11,098
Other
Within one year 3,800 3,800
Between one and five years 4,123 7,923
7,923 11,723
18 Funds
Balance at
Balance at I Incoming Resources 31March
April 2020 resources expended Transfers 2021
Unrestricted
funds
General
General fund 394,052 405,651 (140,335) (22,666) 636,702
Designated
Asset renewal and
improvement 100,000 (22,666) 22,666 100,000
Research, development and
business
plan implementation		 85,000 85,000
185,000 (22,666) 22,666 185,000
Total Unrestricted funds 579,052 405,651 (163,001) 821,702
Restricted funds
Cardiff &Vale UHB - Building
Stronger Bridges 1,114 37,478 (36,604) 1,988
Vale Youth Forum 254 254

Notes to the Fin an cial Statement s for the Y ear Ended 31 March 202 1
Balance at
Balance at I Incoming Resources 31March
April 2020 resources expended Transfers 2021
Welsh Government WCVA-
GwirVol 929 3,788 (4,717)
Cardiff and Vale Third Sector
ICF Capital Investment Fund 274,749 (274,749)
8ig Lottery —Connected Carers 33,233 36,036 (69,269)
Dewis 5,350 (5,350)
Cardiff & Vale Health Charity 31.645 (3 1,645)
Cardiff & Vale UHB - Third
Sector Locality 17.15S (17.15S)
Cardiff & Vale UHB —Ffrind I
hli initiative 5,000 15.000)
Vale ofGlamorgan Council-
Third Sector Broker 14,2S4 12,711 (74422) 2,573
Vale ofGlamorgan Council-
Third Sector Preventative
lnterventions
Fund		 54,000 (54,000)
Big Lottery - Rebuild 3,791 51,909 (55,700)
Track 2000 15,000 (15,000)
Welsh Government COVID-19
Funding 25,000 (25,000)
Natural
Resources Wales		 4,000 (4,000)
Comic Relief 26,591 (26,591)
Cardiff &Vale UHB ICF
Revenue
Funding		 40,000 (40,000)
C3SC - Covid Recovery 30,000 (30,000)
Vale ofGlamorgan COVID-19
grant 2,000 (2,000)
Cardiff & Vale UHB - RIICS 17,850 (17,850)
Total restricted
funds		 73,605 670,265 (739,055) 4,815
Total funds 652,657 1,075,916 (902,056) 826,517
Balance at
Balance at I Incoming Resources 31March
April 2019 resources expended Transfers 2020
Unrestricted
funds
Genernl
General fund 384,362 318,299 (287,438) (21,171) 394,052

Notes to th e Finan cial Statement s
for the Y		 ear Ended 3 1March 202 1
Balance at
Balance at I Incoming Resources 31March
April 2019 resources expended Transfers 2020
Designated
Asset renewal
and
improvement 100,000 (24,062) 24,062 100,000
Research, development and
business
plan implementation		 85,000 85,000
185.000 (24,062) 24.062 185,000
Total unrestricted
funds		 569,362 318,299 (311,5001 2,891 579,052
Restricted
I'unds
Cardiff & Vale UHB - Building
Stronger Bridges 1,374 37,178 (37,738) 1,114
Vale Youth Forum 496 (242) 254
Welsh Government
WCVA-
GwirVol 7, 129 (6,200) 929
Cardiff and Vale Third Sector
ICF Capital Investment Fund 9 103,750 (103,750) (9)
Wellbeing
in Action		 2,391 (2,391)
Christmas
Lunch Donation		 21 (21)
Big Lottery —Connected Carers 27,569 87,786 (82,122)
Dewis 470 5 250 (5,250) (470)
Cardiff &Vale Health Charity 33,000 (33,000)
Cardiff &Vale UHB - Third
Sector Locality 30,000 (30,000)
Cardiff & Vale UHB - Ftrind I
Mi Initiative 5,000 5,000
Vale ofGlamorgan
Council
Third Sector Broker 31,650 (17,366) 14,284
Vale ofGlamorgan
Council
Third Sector Preventative
Interventions
Fund		 30,000 (30,000)
Big Lottery - Rebuild 48,722 (44,93I) 3,791
Track 2000 30,000 (15,000) 15,000
Total restricted
funds		 32,330 449,765 (405,599) (2,891) 73,605
Total funds 601,692 768,064 (717,099) 652,657

19 Anal ysis ofnet assets betwe en
funds
Unrestricted funds
Restricted
General Designated funds Total funds
Tangible fixed assets 125,873 125,873
Current assets 516,797 185,000 264,2-16 966,043
Current liabilities (5.968'i (259,43 1) (265,399)
Total net assets 636,702 (85,000 4,815 826,517
20 Analysis ofnet funds
At 31tVfarch
At 1 April 2020 Cash liow 2021
Cash at bank and in hand 588,741 217,751 801,492
Net debt 588,741 212,751 801,492