||||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|||||
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||||||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|
##
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##
|||||||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|
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|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|
##
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|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|
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