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|||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|
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|||||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)|
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|||||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)|
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|||||||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|
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|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|
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||||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|
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|||||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|
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|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|
##
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||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|
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||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|
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|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|
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||||||||||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||
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|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|
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|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||||||||||||
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|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|
##
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||||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|
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|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|
##
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|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.||||