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2020-12-31-accounts

Page
Entity information
Chair's annual
report
Report ofthe Trustees
Report ofthe Independent Auditors 16
Statement
of Financial		 Activities 19
Balance Sheet 20
Cash Flow Statement 21
Notes to the Cash Flow Statement 22
Notes to the Financial Statements 23

M Lewis
R Lloyd
C Pearson (appointed 15March 2021)
M Gwynant (resigned 15March 2021)
C Francis
J Hill
J Kay (resigned 15March 2021)
P Nash
C Pond
G Roy (appointed 15 March 2021)
S Ryatt
22 Kingsway
London
WC2B 6LE
1166493
Watts Gregory LLP
Elfed House
Oak Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8RS

2020 2019
Unrestricted Restricted Total Total
funds funds funds funds
Notes E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 621,535 621,535 774,800
Other trading
activities		 105,515 105,515 107,850
Investment
income		 7,493 7,493 4,779
Other income 300 300
Total 734,843 734,843 887,429
EXPENDITURE ON
Charitable
activities
Trading 606,392 58,959 665,351 552,394
NET INCOME/(EXPENDITURE) 128,451 (58,959) 69,492 335,035
RECONCILIATION
OF FUNDS
Total funds brought forward 373,688 225,985 599,673 264,638
TOTAL FUNDS CARRIED FORWARD 502,139 167,026 669,165 599,673

2020 2019
Unrestricted Restricted Total Total
funds funds funds funds
Notes E E
FIXEDASSETS
Tangible assets 3,832 3,832 2,771
CURRENT ASSETS
Debtors
Cash at bank		 12 115,865
591,498		 167,026 115,865
758,524		 31,355
622,265
707,363 167,026 874,389 653,620
CREDITORS
Amounts
falling due within one year		 13 (209,056) (209,056) (56,718)
NET CURRENT ASSETS 498,307 167,026 665,333 596902
TOTAL ASSETS LESSCURRENT LIABILITIES 502,139 167,026 669,165 599,673
NET ASSETS 502,139 167,026 669,165 599,673
FUNDS 15
Unrestricted
funds		 502,139 373,688
Restricted funds 167,026 225,985
TOTAL FUNDS 669,165 599,673

2020 2019
Notes E
Cash flows from operating activities:
Cash generated
from operations		 132,375 349,207
Net cash provided
by (used in) operating		 activities 132,375 349,207
Cash flows from investing activities:
Purchase oftangible
fixed assets
Interest received		 (3,609)
7,493		 (1,423)
4,779
Net cash provided
by (used in) investing		 activities 3,884 3,356
Change
in cash and cash		 equivalents in the
reporting
period
Cash and cash equivalents		 at the beginning ofthe 136,259 352,563
reporting
period		 622,265 269,702
Cash and cash equivalents at the end of the
reporting
period		 758,524 622,265

2020 2019
Net income/(expenditure) forthe reporting period (as per the statement of
financial activities) 69,492 335,035
Adjustments
for:
Depreciation
charges		 2,548 2,339
Loss on disposal of fixed assets 183
Interest received
Increase
in debtors
Increase
in creditors		 (7,493)
(84,510)
152,338		 (4,779)
(14,843)
31,272
Net cash provided by (used in) operating activities 132,375 349,207
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1/1/20 Cash flow At 31/12/20
E
Net cash
Cash at bank 622,265 136,259 758,524
Total 622,265 136,259 758,524

During 2019one trus tee w as reimbursed
F		 378for travel expens es.
STAFF COSTS
2020 2019
F F
Wages and salaries 472,497 359,609
Social security costs 47,180 34,988
Other pension costs 27,910 19,007
547,587 413,604
The average
monthly		 number ofemployees during the year was as follows:
2020 2019
11 8
The number ofemployees whose employee benefits (excluding employer pension costs)
exceeded F60,000was:
2020 2019
F60,001 - F70,000
F80,001 -f90,000		 1
Unrestricted Restricted Total
funds funds funds
F F
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 546,300 228,500 774,800
Other trading
activities		 107,850 107,850
Investment
income		 4,779 4,779
Total 658,929 228,500 887,429
EXPENDITURE ON
Charitable
activities
Trading 549,879 2,515 552,394
Total 549,879 2,515 552,394
NET INCOME/(EXPENDITURE) 109,050 225,985 335,035
RECONCILIATION
OF FUNDS
Total funds brought forward
As previously
reported		 250,525 250,525
Prior year adjustment 14,113 14,113
As Restated 264,638 264,638
TOTAL FUNDS CARRIED FORWARD 373,688 225,985 599,673
11. TANGIBLE FIXEDASSETS TANGIBLE FIXEDASSETS TANGIBLE FIXEDASSETS TANGIBLE FIXEDASSETS
Office Computer
equipment
f		 equipment
f		 Totals
F
COST
At 1 January 2020 2,992 6,982 9,974
Additions 743 2,866 3,609
At 31 December 2020 3,735 9,848 13,583
DEPRECIATION
At 1 January 2020 1,958 5,245 7,203
Charge for year 756 1,792 2,548
At 31 December 2020 2,714 7,037 9,751
NET BOOK VALUE
At 31 December 2020 1,021 2,811 3,832
At 31 December 2019 1,034 1,737 2,771
12. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
E E
Trade debtors 108,000 18,500
P repayments 7,865 12,855
115,865 31,355
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
P F
Trade creditors 1,259 882
Social security and other taxes 13,067
VAT 25,143
Accruals and deferred income 169,587 55,836
209,056 56,718
Included
within Accruals		 and deferred income above is the following deferred income:
2020 2019
F F
Consultancy
Services		 130,000 18,000

Minimum
lease paymen		 ts
under		 non-cancellable operating
leases		 fall due as follow s:
2020
F		 2019
f
Within one year 17,813 17,927
MOVEMENT
IN FUNDS
Net movement Transfers
At1/1/20 in funds
f		 between funds At 31/12/20
E
Unrestricted
funds
General
Fund		 93,688 128,451 (97,000) 125,139
Contingency 138,000 37,000 175,000
Mental
Health Accessible		 142,000 142,000
Capacity Costs 60,000 60,000
373,688 128,451 502,139
Restricted funds
Gambling
Commission		 Work Programme 225,985 (58,959) 167,026
TOTAL FUNDS 599,673 69,492 669,165
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
in
resources expended funds
f
Unrestricted
funds
General
Fund		 734,843 (606,392) 128,451
Restricted funds
Gambling
Commission		 Work Programme (58,959) (58,959)
TOTAL FUNDS 734,843 ~665,351) 69,492

Comparatives for mo vement
in		 funds
Prior year Net movement Transfers
At 1/1/19 adjustment in funds between funds At 31/12/19
F E F F
Unrestricted Funds
General
Fund		 95,525 14,113 109,050 (125,000) 93,688
Contingency 105,000 33,000 138,000
Mental
Health		 Accessible 50,000 92,000 142,000
250,525 14,113 109,050 373,688
Restricted Funds
Gambling
Commission		 Work
Programme 225,985 225,985
TOTAL FUNDS 250,525 14,113 335,035 599,673
Comparative
net move		 ment
in funds,
included
in the ab		 ove are as follows:
Incoming Resources Movement
in
resources expended
f		 funds
F
Unrestricted
funds
General
Fund		 658,929 (549,879) 109,050
Restricted funds
Gambling
Commission		 Work Programme 228,500 (2,515) 225,985
TOTAL FUNDS 887,429 ~552,394) 335,035