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2021-03-31-accounts

Contents ofthe Financial Statements
forthe Year Ended 31
Page
Report ofthe Trustees I to 10
Report ofthe Independent Auditors 11 to 14
Statement ofFinancial Activities 15
Balance Sheet 16 to 17
Cash Flow Statement 18
Notes tothe Cash Flow Statement 19
Notes tothe Financial Statements 20 to 33

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2 2/90 102,645 104,935 103,637
Charitable
activities
Project delivery 60/05 221,023 281,228 196,442
Tfsnnng 22387 22,287 23,156
Other trading activities 1,973 1,973 4,041
Investment
income		 597 597 588
Total 87,352 323,668 411,020 327,864
EXPENDITURE ON
Raising funds 6 5,095 5,095 8,187
Charitable
activities
Project delivery 5,533 342,555 348,088 339,751
Trannng 4,141 - 4,141 16,547
Total 14,769 342,555 357,324 364,485
Net gains/(losses)
on investments		 2,997 2,997 (470)
NET INCOME/(EXPENDITURE) 75,580 (18,887) 56,693 (37,091)
Transfers between funds 19 (1,981) 1,981
Net movement
in funds		 73,599 (16,906) 56,693 (37,091)
RECONCILIATION OFFUNDS
Total funds brought forward 479,925 32,590 512,515 549,606
TOTAL FUNDS CARRIED FORWARD 553,524 15,684 569,208 512,515

B~lan~he
31March 2021
2021 2020
Notes
FIXEDASSETS
Tangible assets 14 255,832 262,666
Investments 15 17,476 14,479
273,308 277,145
CURRENT ASSETS
Debtors 16 6,437 21,818
Cash at bank and in hand 342,827 341,627
349,264 363,445
CREDITORS
Amounts
fitlling due within one year		 17 (53364) (128,075)
NET CURRENT ASSETS 295,900 235,370
TOTAL ASSETSLESSCURRENT
LIABILITIES 569,208 512,515
NET ASSETS 569,208 512,515
FUNDS 19
Unrestricted
funds		 553,524 479,925
Restricted funds 15,684 32,590
TOTAL FUNDS 569,208 512,515

fo rthe Year Ended 31March 2021
2021 2020
Notes
Cash flows fiom operating activities
Cash generated &om operations 1 603 1,172
Net cash provided by operating activities 603 1,172
Cash tlows from investing activities
Interest received 597 588
Net cash provided by investing activities 597 588
Change in cash and cash equivalents
in the reporting period 1,200 1,760
Cash and cash equivalents at the
beginning ofthe reporting period 341,627 339,867
Cash and cash equivalents at the end
ofthe reporting period 342,827 341,627

RECONCILIATION OFNET INCOME/(
OPERATING ACTIVITIES		 EXPENDITURE)
TON		 ET CASH FLOW FROM
2021 2020
Net income/(expenditure)
for the reporting		 period (as per the
Statement ofFiaancial Activities)
Adjustments
for:		 56,693 (37,091)
Depreciation
charges		 6,834 6,928
(Gain)/losses
on investments		 (2,997) 470
Interest received
Decrease in debtors		 (597)
15,381		 (588)
1,555
(Decrease)/increase
in creditors		 (74,711) 29,898
Net cash provided
by operations		 603 1,172

At 1/4/20 Cash flow At 31/3/21
Net cash
Cash at bank and in hand 341,627 1,200 342,827
341,627 1,200 342,827
Total 341,627 1,200 342,827

2021 2020
Donations 2,237 1,896
Grants 102,645 101,670
Grant amortisation 53 71
104,935 103,637
Grants received, included in the above, are as follows:
2021 2020
Welsh Assembly Government 102,645 101,670

2021 2020
Fundraising
events		 2,000
Solar electricity income 1,973 1,871
Rental income 170
1,973 4,041
4. INVESTMENT INCOME
2021 2020
Deposit account interest 597 588
5. INCOME FROM CHARITABLE ACTIVITIES
2021 2020
Activity
Grants Pmjact delivery 281,228 196,442
Youth Achievements
Awards TIannag 5,436 6,021
Trsnlnlg
niccolo		 Tlammg 16,851 17,135
303,515 219,598
Grants received, included in the above, are as follows:
2021 2020
UKYouth 32,625 14,920
Co-op Foundation - Belong 70,590 65,660
Royal Bank ofScotland 3,841
Tudor Trust 1,947 25,000
Welsh Council for Voluntary Action 17,037
Spiritof2012 6,260 37,470
Community
Foundation		 in Wales 119
Heritage Lottery Fund 29,475
BigIdeas Wales 2,957
Participation 2,000
MAPS - Youth Checkpoints 35,000 15,000
Youth Endowment Fund 44,600
Energy Redress 49,849
Royal Society ofWildlife 20,000
Anthem 3,320
281,228 196,442

Raising donations and legacies
2021 2020
Affiliation &registration fees 5,095 5,747
Events 2,440
5,095 8,187
7. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 8) note 9) Totals
Project delivery 342/39 5,849 348,088
Trannng 4,134 7 4,141
346,373 5,856 352,229
8. DIRECT COSTS OFCHARITABLE ACTIVITIES
2021 2020
Staffcosts 262,646 250,809
Rates and water 1,552 1,525
Insurance 819 857
Light and heat 1,208 1,427
Telephone 7,059 5,800
Postage and stationery
Repairs &renewals		 3,038
206		 2,914
1,025
Travel 150 23,177
Generalexpenses 865 264
Tutors fees&training materia ls etc. 27,540 19,643
Hub gmnts 7,535 21,397
Stafftraining 1,246 1,395
Technology 14,108 2,073
Promotion 529 665
project support 9,038 8,949
Room hire 1,798
HR Support 2,000
Depreciation 6,834 6,928
346,373 350,646

SUPPORT COSTS
Governance
Finance costs Totals
Project delivery 89 5,760 5,849
Tfammg 7 7
96 5,760 5,856
Finance
2021 2020
Project Total Total
delivery Trallllllg activities activities
Bank charges 89 7 96 90
Governance costs
2021 2020
Project Total
delivery activities
Auditors' remuneration 5,760 5,562
2021 2020
5,760 5,562
6,834 6,928

2021 2020
f, g
Gross wages 230,666 222,524
Employers National Insurance 18,140 16,309
Employers Pension 13,840 11,976
262,646 250,809

COMPAR ATIVES FORTHE STATEMENT OF FINANCIAL ACTIV ITIES
Unrestricted Restricted Total
funds funds funds
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,967 101,670 103,637
Charitable activities
Project defiveny 34,877 161065 196,442
Tram mg 23,156 23,156
Other trading activities 4,041 4,041
Investment income 588 588
Total 64,629 263335 327,864
EXPENDITURE ON
Raising funds 8,187 8,187
Charitable activities
Project delivery 67,016 272,735 339,751
Tram mg 16,547 16,547
Total 91,750 272,735 364,485

13. COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued
Uruestricted Restricted Total
funds funds funds
g
Net gains/(losses) on investments (470) (470)
NET INCOME/(EXPENDITURE) (27,591) (9/00) (37,091)
RECONCILIATION OFFUNDS
Total funds brought forward 507,516 42,090 549,606
TOTAL FUNDS CARRIED
FORWARD 479,925 32,590 512,515
14. TANGIBLE FIXEDASSETS
Impmvements
Freehold to Plant and
property property machinery Totals
8
COST
At 1 April 2020 and 31March 2021 315,345 10,999 40,619 366,963
DEPRECIATION
At 1 April 2020 63,069 1,980 39248 104,297
Charge for year 6,307 220 307 6,834
At 31March 2021 69,376 2,200 39,555 111,131
NET BOOKVALUE
At 31March 2021 245,969 8,799 1,064 255,832
At 31March 2020 252,276 9,019 1,371 262,666

FIXEDASSETINVESTMENTS
Unlisted
mvestments
MARKET VALUE
At 1 April 2020 14,479
Additions 2,997
At 31March 2021 17,476
NET BOOK VALUE
At 31March 2021 17,476
At 31 March 2020 14,479

DEBTORS:AMOUNTS FALLING DUE W ITHIN ONE YEAR
202] 2020
8
Trade debtors 6,279 21,466
Other debtors 7 7
Prepayments 151 345
6,437 21,818

2021 2020
Deferred income 31363 96,650
Accrued expenses 21,841 31212
Deferred government grants 160 213
53,364 128,075
Deferred Income
Balance at 1 April 2020 96,650
Amount released to Incoming Resources (86,850)
Amount deferred in year 21,563
Balance at 31March 2021 31,363

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Fixed assets 255,772 60 255,832 262,666
Investments 17,476 17,476 14,479
Current assets 303,712 45,552 349,264 363,445
Current liabiTities (23,436) (29,928) (53,364) (128,075)
553,524 15,684 569,208 512,515

MOVEMENT IN FUNDS
Net Transfers
movement between At
At I/4/20 in funds funds 31/3/21
f
Unrestricted
funds
General fund
Fixed Asset Fund		 196,907
261,295		 81,621
(6,527)		 (1,98]) 276,547
254,768
Youth Acheivement Awards 21,723 486 22209
479,925 75,580 (1,981) 553,524
Restricted funds
Clive Beck 1,500 1,500
Gwirforce 80 (20) 60
Transvform
Cymru		 Project 6,955 (831) 6,124
The BigMusic Project 8,000 8,000
Co-Op - Lonliness Project 14,985 (14,985)
Spiritof2012 1,070 (1,070)
Youth EndowmentFund (1,626) 1,626
Energy Redress (110) 110
WCVA (245) 245
32,590 (18,887) 1,981 15,684
TOTAL FUNDS 512,515 56,693 569,208

Incoming Resources Gains and Movement
resources expetlded losses in funds
8
Unrestricted
funds
General fund 81,916 (3392) 2,997 81,621
Fixed Asset Fund (6,527) (6,527)
Youth Acheivement Awards 5,436 (4,950) 486
87,352 (14,769) 2,997 75,580
Restricted funds
Gwirforce (20) (20)
Trans*form Cymru Project 1,947 (2,778) (831)
National Voluntary Youth
Organisation
Grant		 102,645 (102,645)
Co-Op - Lonliness Project 70490 (85,575) (14,985)
Spiritof2012 6260 (7830) (1,070)
Youth Endowment Fund 44,600 (46,226) (1,626)
Energy Redress 49,849 (49,959) (110)
Royal Society ofwildlife 20,000 (20,000)
BeInternet Citizens 10,740 (10,740)
WCVA 17,037 (17,282) (245)
323,668 (342,555) (18,887)
TOTAL FUNDS 411,020 (357,324) 2,997 56,693

Net
movement At
At I/4/19 in funds 31/3/20
Unrestricted
funds
General fund 212,936 (16,029) 196,907
Fixed Asset Fund 267,822 (6,527) 261,295
Youth Acheivernent Awards 26,758 (5,035) 21,723
507,516 (27,591) 479,925
Restricted funds
Clive Beck 1,500 1,500
Gwirforce 107 (27) 80
Transvfonn
Cymru		 Project 19,871 (12,916) 6,955
The BigMusic Project 8,000 8,000
Co-Op - Lonliness Project 14,985 14,985
Spiritof2012 2,787 (1,717) 1,070
Heritage Lottery Fund 9,825 (9,825)
42,090 (9,500) 32,590
TOTAL FUNDS 549,606 (37,091) 512,515

Incoming Resources Gains and Movement
resources expellded losses in funds
Unrestricted
funds
General fund 58,608 (74,167) (470) (16,029)
Fixed Asset Fund (6,527) (6,527)
Youth Acheivement Awards 6,021 (11,056) (5,035)
64,629 (91,750) (470) (27,591)
Restricted funds
Gwirforce (27) (27)
Transsform
Cymru		 Project 25,119 (38,035) (12,916)
National Voluntary Youth
Organisation
Grant		 101,670 (101,670)
Co-Op - Lonliness Project 65,660 (50,675) 14,985
RBS- Money Smart 3,841 (3,841)
Spiritof2012 37,470 (39,187) (1,717)
Heritage Lottery Fund 29,475 (39,300) (9,825)
263,235 (272,735) (9,500)
TOTAL FUNDS 327,864 (364,485) (470) (37,091)
Funds