|||||Page||
|---|---|---|---|---|---|
|Report ofthe Trustees|||1|to|4|
|Independent<br>Examiner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet|||7|to|8|
|Notes to the Financial|Statements||9|to|15|
|Detailed Statement of|Financial Activities||16|to|17|





## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

|for the Year Ended 31Marc|h||2021||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||31.3.21|31.3.20|
||||||||Unrestricted|Restricted|Total|Total|
||||||||fund|funds|funds|funds|
|||||||Notes|f||||
|INCOME AND ENDOWMENTS FROM|||||||||||
|Donations<br>and legacies|||||||464||464|14,688|
|Charitable<br>activities|||||||||||
|To promote the advancement||ofmental||health|for the||||||
|benefit ofthe communities|in|Rhondda||Cynon|Taf,||||||
|Merthyr Tydfi1 and surrounding|||areas through||the||||||
|provision oftherapeutic<br>interventions.|||||||284,358|46,883|331,241|246,432|
|Investment<br>income|||||||21||21|83|
|Total|||||||284,843|46,883|331,726|261,203|
|EXPENDITURE ON|||||||||||
|Raising funds|||||||2,420||2,420|2,165|
|Charitable<br>activities|||||||||||
|To promote the advancement||ofmental||health|for the||||||
|benefit ofthe communities|in|Rhondda||Cynon|Taf,||||||
|Merthyr Tydfil and surrounding|||areas through||the||||||
|provision oftherapeutic<br>interventions.|||||||228,140|42,420|270,560|207,109|
|Other|||||||2,802|3,066|5,868|13,334|
|Total|||||||233,362|45,486|278,848|222,608|
|NET INCOME|||||||51,481|1,397|52,878|38,595|
|Transfers between<br>funds||||||14|320|(320)|||
|Net movement<br>in funds|||||||51,801|1,077|52,878|38,595|
|RECONCILIATION<br>OF FUNDS|||||||||||
|Total funds brought forward|||||||(314,762)|320|(314,442)|(353,037)|
|TOTAL FUNDS CARRIED|||FORWARD||||(262,961)|1,397|(261,564)|(314,442)|





|Balance Sheet<br>31 March 2021||||||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets||2,235|1,397|3,632|2,719|
|CURRENT ASSETS||||||
|Debtors||38,403||38,403|4,464|
|Cash at bank and in hand||182,466||182,466|95,695|
|||220,869||220,869|100,159|
|CREDITORS||||||
|Amounts<br>falling due within one year||(40,615)|31,788|(8,827)|(8,870)|
|NET CURRENT ASSETS||180,254|31,788|212,042|91,289|
|TOTAL ASSETSLESSCURRENT LIABILITIES||182,489|33,185|215,674|94,008|
|CREDITORS||||||
|Amounts<br>falling due afier more than one year|10|(400,000)||(400,000)|(400,000)|
|ACCRUALS AND DEFERRED INCOME|13|(45,450)|(31,788)|(77,238)|(8,450)|
|NET ASSETS||(262,961)|1,397|(261,564)|(314,442)|
|FUNDS|14|||||
|Unrestricted<br>funds||||(262,961)|(314,762)|
|Restricted<br>funds||||1,397|320|
|TOTAL FUNDS||||(261,564)|(314,442)|





## 

## 

## 

## 

## 

|Fixtures|and fittings|25'/0 on cost|
|---|---|---|
|Computer|equipment|25'/0 on cost|



## 

## 

## 

|||31.3.21|31.3.20|
|---|---|---|---|
|Deposit account interest||21|83|
|NET INCOME/(EXPENDITURE)||||
|Net income/(expenditure)|is stated after charging/(crediting):|||
|||31.3.21|31.3.20|
|Depreciation<br>- owned assets||2,851|896|
|Hire ofVenues||810|8,449|
|Other operating<br>leases||8,474|8,553|





## 

## 

## 

## 

|The average monthly<br>numbe|r|ofemp|loy|ees<br>during the year was as|follows:|||
|---|---|---|---|---|---|---|---|
|||||||31.3.21|31.3.20|
|Project Manager||||||1|1|
|Volunteers<br>/ Administrative||Assistant||||2|1|
|Lead Practitioner||||||1|1|
|Course Practitioner||||||7|4|
|Marketing &Communications|||||||1|
|Finance Assistant|||||||1|
|||||||12||
|No employees<br>received emoluments|||in excess off60,000.|||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||||ACTIVITIES|||
||||||Unrestricted|Restricted|Total|
||||||fund|fundsf|funds<br>6|
|INCOME AND ENDOWMENTS FROM||||||||
|Donations<br>and legacies|||||14,688||14,688|
|Charitable<br>activities||||||||
|To promote the advancement||ofmental||health for||||
|the benefit ofthe communities||in Rhondda Cynon||||||
|Taf, Merthyr Tydfil and surrounding|||areas through|||||
|the provision oftherapeutic|interventions.||||226,522|19,910|246,432|
|Investment<br>income|||||83||83|
|Total|||||241,293|19,910|261,203|
|EXPENDITURE ON||||||||
|Raising funds|||||2,165||2,165|
|Charitable<br>activities||||||||
|To promote the advancement||ofmental health for||||||
|the benefit ofthe communities||in Rhondda Cynon||||||
|Taf, Merthyr Tydfil and surrounding|||areas through|||||
|the provision oftherapeutic|interventions.||||207,109||207,109|
|Other|||||13,334||13,334|
|Total|||||222,608||222,608|
|NET INCOME|||||18,685|19,910|38,595|





||COMPARATIVES FORTHE STATEMENT OF FINANCIAL|COMPARATIVES FORTHE STATEMENT OF FINANCIAL|ACTIVITIES - continued|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||fund|funds|funds|
||Traasfers between<br>funds||39,676|(39,676)||
||Net movement<br>in funds||58,361|(19,766)|38,595|
||RECONCILIATION|OF FUNDS||||
||Total funds brought|forward|(373,123)|20,086|(353,037)|
||TOTAL FUNDS CARRIED FORWARD||(314,762)|320|(314,442 )|
||TANGIBLE FIXED|A,SSETS||||
||||Fixtures|||
||||and|Computer||
||||fittings<br>f|equipment|Totals|
||COST|||||
||At 1 April 2020||4,141|5,982|10,123|
||Additions|||3,764|3,764|
||At 31 March 2021||4,141|9,746|13,887|
||DEPRECIATION|||||
||At 1 April 2020||3,122|4,282|7,404|
||Charge for year||414|2,437|2,851|
||At 31March 2021||3,536|6,719|10,255|
||NET BOOK VALUE|||||
||At 31March 2021||605|3,027|3,632|
||At 31March 2020||1,019|1,700|2,719|
|8.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||31.3.21|31.3.20|
||Trade debtors|||32,828|2,651|
||Office Bonds Venture|Wales||821|821|
||Prepayments|||4,754|992|
|||||38,403|4,464|





## 

|9.|CREDITORS: AMOUNTS FALLING|DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||31.3.21|31.3,20|
||Payments<br>on account||170|170|
||Trade creditors||885|582|
||Pensions Creditor||1,841|1,841|
||Credit card||218|457|
||Accrued expenses||5,713|5,820|
||||8,827|8,870|
|10.|CREDITORS: AMOUNTS FALLING|DUE AFTER MORE THAN ONE YEAR|||
||||31.3.21|31.3.20|
||||f|f|
||Other loans (see note II)||400,000|400,000|
|11.|LOANS||||
||An analysis ofthe maturity ofloans is given below:||||
||||31.3.21|31.3.20|
||Amounts<br>falling due between two and five years:||||
||Other loans - 2-5years||400,000|400,000|
|12.|SECURED DEBTS||||
||The following<br>secured debts are included|within creditors:|||
||||31.3.21|31.3.20|
||Other loans||400,000|400,000|



|31.3.21|31.3.20|
|---|---|
|f||
|77,238|8,450|





## 

|MOVEMEN|T IN FUNDS||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
|||||At|1.4.20|in funds|funds|31.3.21|
|Uarestricted|funds||||||||
|General fund||||(314,762)||51,481|320|(262,961)|
|Restricted funds|||||||||
|BigLottery Fund|||||320||(320)||
|MH Covid fund||||||1,397||1,397|
||||||320|1,397|(320)|1,397|
|TOTALFUNDS||||(314,442)||52,878||(261,564)|
|Net movement|in funds, included||in the above|are as follows:|||||
|||||||Incoming|Resources|Movement|
|||||||resources<br>f|expended|in funds|
|Unrestricted|fuads||||||||
|General fund||||||284,843|(233,362)|51,481|
|Restricted funds|||||||||
|ICF fund||||||40,116|(40,116)||
|RDP fund||||||2,594|(2,594)||
|MH Covid fund||||||4,173|(2,776)|1,397|
|||||||46,883|(45,486)|1,397|
|TOTAL FUNDS||||||331,726|(278,848)|52,878|
|Comparatives|for movement|in|fuads||||||
|||||||Net|Transfers||
|||||||movement|between|At|
|||||At|1.4.19|in funds|funds|31.3.20|
||||||f||||
|Unrestricted|fuads||||||||
|General fund||||(373,123)||18,685|39,676|(314,762)|
|Restricted funds|||||||||
|Big Lottery Fund||||20,086||19,910|(39,676)|320|
|TOTAL FUNDS||||(353,037)||38,595||(314,442)|





## 

## 

|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended<br>f|in funds|
|Unrestricted<br>funds|||||||
|General fund||||241,293|(222,608)|18,685|
|Restricted funds|||||||
|Big Lottery Fund||||19,910||19,910|
|TOTAL FUNDS||||261,203|(222,608)|38,595|
|A current year 12months|and prior year 12months|combined|position is|as follows:|||
|||||Net|Transfers||
|||||movement|between|At|
|||At|1.4.19|in thuds|fundsf|31.3.21|
|Unrestricted<br>funds|||||||
|General fund||(373,123)||70,166|39,996|(262,961)|
|Restricted funds|||||||
|BigLottery Fund||20,086||19,910|(39,996)||
|MH Covid fund||||1,397||1,397|
|||20,086||21,307|(39,996)|1,397|
|TOTAL FUNDS||(353,037)||91,473||(261,564)|



|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended<br>f|in funds|
|Unrestricted|funds||||
|General fund||526,136|(455,970)|70,166|
|Restricted funds|||||
|Big Lottery Fund||19,910||19,910|
|ICF fund||40,116|(40,116)||
|RDP fund||2,594|(2,594)||
|MH Covid fund||4,173|(2,776)|1,397|
|||66,793|(45,486)|21,307|
|TOTAL FUNDS||592,929|(501,456)|91,473|





## 



## 

|RLiid|||
|---|---|---|
|Detailed Statement ofFinancial Activities|||
|for the Year Ended 31 March 2021|||
||31.3.21|31.3.20|
|||f|
|INCOME AND ENDOWMENTS|||
|Donations aad legacies|||
|Donations|464|8,992|
|Donated services and facilities||5,696|
||464|14,688|
|Invesnnentincome|||
|Deposit account interest|21|83|
|Charitable<br>activities|||
|Delivery ofWellbeing<br>Courses|39,115|23,927|
|Grants|292,126|222,505|
||331,241|246,432|
|Total incoming resources|331,726|261,203|
|EXPENDITURE|||
|Raising donations<br>and legacies|||
|Sessional Practitioners<br>costs|2,420|2,115|
|Other tradiag activities|||
|Consultancy<br>costs||50|
|Charitable<br>activities|||
|Wages|221,113|156,215|
|Social security|13,526|8,729|
|Pensions|12,914|9,431|
|Hire ofVenues|810|8,449|
|Rent|8,474|8,553|
|Telephone|1,225|876|
|Course Materials|14||
|Secondment<br>Charges|450||
|Depreciation oftangible fixed assets|2,851|897|
||261,377|193,150|
|Other|||
|Travel costs|233|9,228|
|Payroll Processing|1,085|788|
|DBSChecks|118|212|
|ITCosts|4,432|2,991|
|Subsistence||115|
||5,868|13,334|
|Support costs|||





## 

|for the Year E|nded 3|1 March 2021|||
|---|---|---|---|---|
||||31.3.21|31.3.20|
|Support costs|||||
|Management|||||
|Insurance|||1,102|1,202|
|Postage and|stationery||620|583|
|Office expenses||||43|
|StatfTraining|||2,718|740|
|Repairs dc renewals||||16|
||||4,440|2,584|
|Finance|||||
|Bank charges|||228|341|
|Project Evaluation||Costs||1,967|
||||228|2,308|
|Human<br>resources|||||
|Recruitment|costs||340|300|
|Other|||||
|Promotional|&Publicity costs||294|1,607|
|Governance|costs||||
|Accountancy|and legal fees||3,881|7,160|
|Total resources|expended||278,848|222,608|
|Net income|||52,878|38,595|