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|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|
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|||||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|
##
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##
||||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|
##
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|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|
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|||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 ®istration||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|
##
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||||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|
##
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||||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|
##
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|||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||||||
##
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