OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Page
Trustees'
report		 1 - 11
Statement oftrustees' responsibilities
Independent
auditor's		 report 13-16
Statement
offinancial		 activities 17
Balance sheet 18 - 19
Statement ofcash flows 29
Notes to the financial statements 21-41

Unresbtcted Restricted Total Unrestricted Ressicted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
Notes 9 f 8 6 5 8
Donations
and		 legacies 137,264 137,264
Charitable
activities		 1,162,335 944,641 2,106,976 570,768 1,064,141 1,834,909
Other trading
activities		 26,978 26,978
Investments 6,798 6,798 14,386 14,386
Other income 62,782 62,782 71,714 71,714
Total income 1,369,179 944,641 2,313,820 683,846 1,064,141 1,747,987
~x~ni ~rn:
Raising funds 8 2,365 2,365 24,780 24,780
Charitable
activities		 9 1,167,733 862,890 2,030,623 567,895 1,064,141 1,632,036
Total resources
expended 1,170,098 862,890 2,032,988 592,675 1,064,141 1,656,816
Net income for the year/
Net incoming resources 199,081 81,751 280,832 91,171 91,171
Other recognised gains and losses
Actuarial
(loss)/gain		 on
defined benefit pension
schemes (292,542) (292,542) 349,000 349,000
Net movement in funds (93,461) 81,751 (11,710) 440,171 440,171
Fund balances at 1
April 2020 (63,534) (63,534) (503,705) (503,705)
Fund balances at 31
March 2021 (156,995) 81,751 (75,244) (63,534) (63,534)

2021 2020
Notes 5 6 5 6
Fixed assets
Tangible assets 13 8,848 14,591
Current assets
Debtors 14 73,442 38,709
Cash at bank and in hand 607,432 330,411
680,874 369,120
Creditors: amounts falling due within
one year 15 (289,292) (176,571)
Net current assets 391,582 192,549
Total assets less current liabilities 400,430 207,140
Creditors: amounts falling due after
more than one year 16 (674) (674)
Provisions for liabilities (475,000) (270,000)
Net liabilities (75,244) (63,534)
Income funds
Restricted funds 20 81,751
1)ntaaIOgtgtUuasla
Designated
funds		 21 143,765 24,427
General unrestricted funds (300,760) (87,961)
(156,995) (63,534)
(75,244) (63,534)

2021 2020
Notes 8 6
Cash flows from operating activities
Cash generated
from/(absorbed		 by) 25
operations 271,260 (13,876)
Investing activities
Purchase oftangible fixed assets (2,376) (7,970)
Proceeds on disposal oftangible fixed
assets 1,339
Investment income received 6,798 14,386
Net cash generated
from		 investing
activities 5,761 6,416
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents 277,021 (7,460)
Cash and cash equivalents at beginning ofyear 330,411 337,871
Cash and cash equivalents at end ofyear 607,432 330,411

4 Charitable
activities		 Charitable
activities
Charitable Charitable
Income Income
2021 2020
6 8
Agency Training and Conferences income 8,700 30,570
Healthy
homes for older people		 hardship fund 20,694 32,335
Hospital to home winter scheme 383,701
Performance
related		 grants 2,077,582 1,188,303
2,106,976 1,634,909
Analysis
by fund
Unrestricted
funds		 1,162,335 570,768
Restricted
funds		 944,641 1,064,141
2,106,976 1,634,909
Performance
related		 grants
Welsh Government 507,863 507,863
Gas Safety Grant 13,348
Npower - Health through
Warmth		 Crisis Fund 28,177
Electrical Safety Grant 8,820
Welsh Government- Sustainable Social Services 395,412
Big Lottery 112,206 164,410
NESTA 7,500
Dunhill
Medical Trust		 18,989
Smart Energy GB 23,310
Energy Saving Trust - Energy Redress 15,474
Welsh Government - Managing Better 700,000
Local Health Boards 504,337
WCVA Voluntary
Services Emergency		 Fund 148,106
Energy Savings Trust - 70+ 77,751
Other 27,319 5,000
2,077,582 1,188,303

Total Unrestricted
funds
2021 2020
6 6
Fundraising events 26,978
6 Investments
Unrestricted Unrestricted
funds funds
2021 2020
6
Rental income 5,430 12,813
Interest receivable 1,368 1,573
6,798 14,386
7 Other income
Unrestdcted Unrestricted
funds funds
2021 2020
6
Other income 62,782 71,714
8 Raising funds
Unrestricted Unrestricted
funds funds
2021 2020
6
Fundraisin an ublic'
Staging fundraising events 2,365 13,157
Staff costs 11,623
Fundraising and publicity 2,365 24,780
2,365 24,780

Charitable Charitable
Expenditure
Expenditure
2021 2020
6 6
Staff costs 508,028 462,919
Depreciation and impairment 6,780 9,529
Direct costs 1,376,917 1,010,025
OtIice costs 61,060 77,802
Training &Recruitment 9,915 19,778
1,962,700 1,580,053
Share of support costs (see note 10) 31,892 39,075
Share of governance costs (see note 10) 36,031 12,908
2,030,623 1,632,036
Analysis by fund
Unrestricted funds 1,167,733 567,895
Restricted
funds		 862,890 1,064,141
2,030,623 1,632,036

10 Supportcosts
Support Governance 2021 Support Governance 2020
costs costs costs costs
6 6 5
Pension scheme
expenses 5,000 5,000 4,000 4,000
Marketing
and business
development 17,833 17,833 13,259 13,259
Information
technology
costs 3,574 3,574 6,298 6,298
Interest on pension
scheme liabilities 5,000 5,000 15,000 15,000
Bank charges 485 485 518 518
Audit fees 5,832 5,832 4,596 4,596
Governance 30,199 30,199 8,312 8,312
31,892 36,031 67,923 39,075 12,908 51,983
Analysed
between
Charitable
activities		 31,892 36,031 67,923 39,075 12,908 51,983

2021 2020
Number Numiber
13 12
Employment
costs		 2021f 2020
6
Wages and salaries 447,021 415,377
Social security costs 38,544 29,682
Other pension costs 22,463 29,483
508,028 474,542

more were:
2021 2020
Number Number
870,000 -f80,000 1 1
13 Tangible fixed assets
Plxtums and Computers Total
fittings
Cost
At 1 April 2020 27,322 10,165 37,487
Additions 2,376 2,376
Disposals (3,828) (3,828)
At 31 March 2021 23,494 12,541 36,035
Depreciation
and impairment
At 1 April 2020 20,367 2,529 22,896
Depreciation
charged		 in the year 3,933 2,847 6,780
Eliminated
in respect ofdisposals		 (2,489) (2,489)
At 31 March 2021 21,811 5,376 27,187
Carrying
amount
At 31 March 2021 1,683 7,165 8,848
At 31 March 2020 6,955 7,636 14,591
14 Debtors
2021 2020
Amounts
falling due		 within one year: 6 5
Trade debtors 16,072 1,600
Prepayments
and accrued income		 57,370 37,109
73,442 38,709

Creditors: amounts falling due within one year
2021 2020
6 6
Other taxation and social security 12,026 10,575
Trade creditors 52,820 15,592
Other creditors 4,917 196
Accruals and deferred income 219,529 150,208
289,292 176,571
Creditors: amounts falling due after more than one year
2021 2020
6
Other creditors 674 674
Provisions for liabilities 2021 2020
Notes 6 6
Retirement benefit obligations 19 475,000 270,000
475,000 270,000

31 March March 2021 2021 31 March 2020 March 2020 March 2020 31 March 31 March 2019
(Es) (fs (fs
Present value of provision 718 850 1,031
RECONCILIATION OF OPENING AND CLOSING PROVISIONS
Period Ending Periiod Ending
31 March 2021 31 March 2020
(Es) (Fs)
Provision at start of period 850 1,031
Unwinding
ofthe		 discount factor (interest expense) 19 13
Deficit contribution paid (176) (171)
Remeasurements - impact of any change in 25 (23)
assumptions
Remeasurements - amendments to the contribution
schedule
Provision at end of eriod 718 850
INCOME AND EXPENDITURE IMPACT
Period Ending Period Ending
31 March 2021 31 March 2020
(6s (fs
Interest ex ense 19 13
Remeasurements —impact of any change in 25 (23)
assumptions
Remeasurements — amendments to the
contribution
schedule
Contributions
paid		 in respect offuture service*
Costs
recognised		 in income and expenditure
account
*includes defined contribution schemes and future service contriibutions (i.e. excluding any deficit reduction
payments)
to defined		 benefit schemes which are treated as defined contribution schemes. To be
completed
by the		 company.
ASSUMPTIONS
31 March 2021 31 March 2020 31 March 2019
er annum er annum 9( per annum
Rate ofdiscount 0.66 2.53 1.39

19 Retirement
benefit schemes		 Retirement
benefit schemes		 Retirement
benefit schemes		 (Continued)
Key assumptions
2021 2020
Discount rate 2.14 2.4
Expected rate ofsalary increases 3.85 2.67
Inflation (RPI) 3.30 2.67
Inflation (CPI) 2.85 1.67
Mortality assumptions
The assumed life expectations on retirement at age 65are:
2021 2020
Years Years
Retiring today
- Males 21.6 21.5
- Females 23.5 23.3
Retiring in 20 years
- Males 22.9 22.9
- Females 25.1 24.5

Year ending 31 March 2021 31 March 2020 31 March 2019
(Ks) (Ss) (Es)
Year 1 182 176 171
Year 2 187 182 176
Year 3 193 187 182
Year 4 165 193 187
Year 5 165 193
Year 6 165
Year 7
Year 8
Year 9
Year 10
Year 11
Year 12
Year 13
Year 14
Year 15
Year 16
Year 17
Year 18
Year 19
Year 20

19 Retirement
benefit schemes		 (Continued)
Amounts
taken to other comprehensive		 income:
2021f 2020f
Actuarial changes related to obligations 205,000 (456,000)
The
amounts
included
in
the		 balance sheet arising from the chadity's
obligations
in respect ofdefined		 benefit plans are as follows:
2021 2020
fi K
Present value ofdefined benefit obligations 475,000 270,000
Deficit in scheme 475,000 270,000
Movements
in the present value		 ofdefined benefit obligations:
2021
Liabilities at 1 April 2020 270,000
Actuarial
gains and losses		 205,000
The defined benefit obligations arise from plans funded as follows:
2021
Wholly unfunded
obligations
Wholly or partly funded
obligations		 475,000
475,000

Movement in funds Movement in funds
Incoming Resources Balance at incoming Resources Balance st
resources
f		 expended
6		 1April 2020
6		 resources
6		 expended
f		 $1 March 2021
6
Gas safety 13,348 (13,348)
Health through warmth 28,177 (28,177)
Electrical safety 8,820 (8,820)
Managing
Better		 395,412 (395,412) 700,000 (700,000)
Big Lottery - People and
Places 164,410 (164,410) 75,265 (75,265)
Help to Move 7,500 (7,500)
DMT Builders Charter 18,989 (18,989)
Hospital to Home 383,701 (383,701)
Smart Energy 23,310 (23,310)
Energy Redress Project 15,474 (15,474)
Fall Awareness Week 5,000 (5,000) 5,000 (5,000)
70+ Cymru 77,750 (77,750)
Job Retention Scheme 4,875 (4,875)
Safe and Warm Homes
fund 81,751 81,751
1,064,141 (1,064,141) 944,641 (862,890) 81,751

22 Analysis of net assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
6 6 6 6 6
Fund balances at 31
March 2021 are
represented by:
Tangible assets 8,848 8,848 14,591 14,591
Current assetsl
(liabilities) 309,831 81,751 391,582 192,549 192,549
Long term liabilities (674) (674) (674) (674)
Provisionsand
pensions (475,000) (475,000) (270,000) (270,000)
(156,995) 81,751 (75,244) (63,534) (63,534)

2021 2020
6 6
Within one year 24,862 25,026
Between two and five years 7,180 32,042
32,042 57,068

25 Cash generated
from		 operations operations 2021 2020
6
(Deficit)/surpus
for the		 year 280,832 91,171
Adjustments
for:
Investment
income recognised		 in statement offinancial activities (6,798) (14,386)
Depreciation
and impairment
oftangible fixed assets		 6,780 9,529
Difference between
pension charge		 and cash contributions (87,542) (107,000)
Movements
in working		 capital:
(Increase)/decrease
in		 debtors (34,733) 117,619
Increase/(decrease)
in		 creditors 112,721 (4,276)
(Decrease) in deferred income (106,533)
Cash generated
from/(absorbed		 by) operations 271,260 (13,876)
26 Analysis ofchanges in net funds
The charity had no debt during the year.