2021-03-31-accounts - Tywi Gateway Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
INCOMEANDENDOWMENTSFROM
Donationsandlegacies	3	2,727	225,184	227,911	79,800
Otherincome		-	-	-	39
Total		2,727	225,184	227,911	79,839
EXPENDITUREON
Raisingfunds		624	-	624	11
Charitableactivities
Projectexpenditure
		1,625	137,651	139,276	111,160
Total		2,249	137,651	139,900	111,171
NETINCOME/(EXPENDITURE)		478	87,533	88,011	(31,332)
Transfersbetweenfunds	14	55,549	(55,549)	-	-
Netmovementinfunds		56,027	31,984	88,011	(31,332)
RECONCILIATIONOFFUNDS
Totalfundsbroughtforward		43,856	1,505,138	1,548,994	1,580,326
TOTALFUNDSCARRIEDFORWARD		99,883	1,537,122	1,637,005	1,548,994

				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
FIXEDASSETS
Tangibleassets	9	16,387	466,353	482,740	145,369
CURRENTASSETS
Debtors	10	34,043	1,163,915	1,197,958	1,439,748
Cashatbankandinhand		161,902	(32,553)	129,349	86,471
		195,945	1,131,362	1,327,307	1,526,219
CREDITORS
Amountsfallingduewithinoneyear	11	-	(60,593)	(60,593)	(18,145)
NETCURRENTASSETS		195,945	1,070,769	1,266,714	1,508,074
TOTALASSETSLESSCURRENT
LIABILITIES		212,332	1,537,122	1,749,454	1,653,443
CREDITORS
Amountsfalling dueaftermorethanoneyear	12	(112,449)	-	(112,449)	(104,449)
NETASSETS		99,883	1,537,122	1,637,005	1,548,994
FUNDS	14
Unrestrictedfunds				99,883	43,856
Restrictedfunds				1,537,122	1,505,138
TOTALFUNDS				1,637,005	1,548,994

DONATIONSANDLEGACIES
	31.3.21	31.3.20
	£	£
Donations	2,729	469
Grants	225,182	79,331
	227,911	79,800
Grantsreceived,includedintheabove,areasfollows:
	31.3.21	31.3.20
	£	£
WelshGovernment-LandfillDisposalTax CommunityScheme	-	46,125
ChristopherandDavidLewisFoundation	-	10,000
WelshGovernment-EnablingNaturalResourcesandWell-beinginWales	37,224	5,520
WelshGovernment-RuralCommunities-RuralDevelopmentProgramme	110,988	17,012
2014-2020
CelticRoutes	-	674
CarmarthenshireCountyCouncilTargetedFinanceFund	4,356	-
CCCWelshChurchFund	654	-
LocalPlacesforNature	22,900	-
BrechfaForestWindfarm	1,694	-
NHLF-1IeritageEmergencyFund	31,000	-
WalesCulturalRecoveryFund	12,972	-
BrechfaForest&Windfarm-LandscapeandEcologicalEnhancement	1,597	-
Project
TreeCouncilBranchingOut	1,797	-
	225,182	79,331

SUPPORTCOSTS
	Governance
Management	costs	Totals
£	£	£
Project expenditure
7,456	3,000	10,456
AUDITORS'REMUNERATION
	31.3.21	31.3.20
	£	£
Feespayabletothecharity'sauditorsfortheauditofthecharity'sfinancial
statements	1,800	1,200
Othernon-auditservices	1,200	1,200

	31.3.21	31.3.20
	£	£
Wagesandsalaries	73,873	60,856
Socialsecuritycosts	2,606	3,079
Otherpensioncosts	2,835	2,127
	79,314	66,062
Theaveragemonthlynumberofemployeesduringtheyearwasasfollows:
	31.3.21	31.3.20
Manager	1	1
Gardener	1	1
CommunityEngagement&Learningofficer	2	-
	4	2

COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES	COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES
	Unrestricted	Restricted	Total
	fund	funds	funds
	£	£	£
INCOMEANDENDOWMENTSFROM
Donationsandlegacies	10,469	69,331	79,800
Otherincome	39		39
Total	10,508	69,331	79,839
EXPENDITUREON
Raisingfunds	11		11
Charitableactivities
Projectexpenditure
	29,775	81,385	111,160
Total	29,786	81,385	111,171
NETINCOME/(EXPENDITURE)	(19,278)	(12,054)	(31,332)
Transfersbetweenfunds	2,460	(2,460)	-
Netmovementinfunds	(16,818)	(14,514)	(31,332)
RECONCILIATIONOFFUNDS
Totalfundsbroughtforward	60,673	1,519,653	1,580,326
TOTALFUNDSCARRIEDFORWARD	43,855	1,505,139	1,548,994

	TANGIBLEFIXEDASSETS
		Long	Plantand
		leasehold	machinery	Totals
		£	£	£
	COST
	At1April2020	143,487	10,086	153,573
	Additions	357,068	-	357,068
	At31March2021	500,555	10,086	510,641
	DEPRECIATION
	At1April2020	4,052	4,152	8,204
	Chargeforyear	16,685	3,012	19,697
	At31March2021	20,737	7,164	27,901
	NETBOOKVALUE
	At31March2021	479,818	2,922	482,740
	At31March2020	139,435	5,934	145,369
10.	DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR
			31.3.21	31.3.20
			£	£
	Grantdebtor		1,168,914	1,438,779
	VAT		23,774	-
	Prepayments		5,270	969
			1,197,958	1,439,748
11.	CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR
			31.3.21	31.3.20
			£	£
	Tradecreditors		1,678	-
	Socialsecurityandothertaxes		1,900	1,591
	Othercreditors		868	712
	Deferredincome		6,806	-
	Accruedexpenses		49,341	15,842
			60,593	18,145

12.	CREDITORS:AMOUNTSFALLINGDUEAFTERMORE	CREDITORS:AMOUNTSFALLINGDUEAFTERMORE	THANONEYEAR	THANONEYEAR
				31.3.21	31.3.20
				£	£
	Otherloans(seenote13)			112,449	104,449
13.	LOANS
	Ananalysisofthematurityofloansisgivenbelow:
				31.3.21	31.3.20
				£	£
	Amountsfallingbetweenoneandtwoyears:
	Otherloans-1-2years			24,996	24,996
	Amountsfallingduebetweentwoandfiveyears:
	Otherloans-2-5years			87,453	79,453
14.	MOVEMENTINFUNDS
			Net	Transfers
			movement	between	At
		At1.4.20	infunds	funds	31.3.21
		£	£	£	£
	Unrestrictedfunds
	Generalfund	43,856	478	55,549	99,883
	Restrictedftinds
	HeritageLotteryFund	1,093,202	(36,021)	(245,341)	811,840
	HeritageLotteryFundCapitalfund	82,860	(10,983)	189,792	261,669
	CADWfund	(1,900)	-	-	(1,900)
	CarmarthenCountyCouncilfund	257,185	(395)	(64,776)	192,014
	WelshGovermentLandfillDisposalTax
	CommunitySchemefund	28,861	(17,220)	-	11,641
	WelshGovernmentEnablingNatural
	ResourcesandWell-beinginWalesfund	720	36,504	(35,365)	1,859
	WelshGovernmentRuralCommunities-
	RuralDevelopment Programmefund	12,000	110,988	(79,421)	43,567
	CarmarthenCountyCouncilCapitalfund	32,210	(3,262)	64,776	93,724
	LocalPlacesforNaturefimd	-	8,748	-	8,748
	HeritageEmergencyFund	-	3,000	-	3.000
	ENRaWCapitalfund	-	(1,179)	35,365	34,186
	RuralDevelopmentProgrammeFund
	Capitalfund	-	(2,647)	79,421	76,774
		1,505,138	87,533	(55,549)	1,537,122
	TOTALFUNDS	1,548,994	88,011		1,637,005

	Incoming	Resources	Movement
	resources	expended	infunds
	£	£	£
Unrestrictedfiinds
Generalfund	2,727	(2,249)	478
Restrictedfunds
HeritageLotteryFund	-	(36,021)	(36,021)
HeritageLotteryFundCapitalfund	-	(10,983)	(10,983)
CarmarthenCountyCouncilfund	1	(396)	(395)
WelshGovermerilLandfillDisposalTax
CommunitySchemefund	-	(17,220)	(17,220)
WelshGovernmentEnablingNatural
ResourcesandWell-beinginWalesfund	37,224	(720)	36,504
WelshGovernmentRuralCommunities-
RuralDevelopmentProgramme fund	110,988	-	110,988
CarmarthenCountyCouncilCapitalfund	-	(3,262)	(3,262)
CarmarthenshireCountyCouncil-
TargetedFinanceFund	4,356	(4,356)	-
CarmarthenshireCountyCouncil-Welsh
ChurchFund	654	(654)	-
LocalPlacesforNaturefund	22,900	(14,152)	8,748
BrechfaForestWindfannCommunityfund	1,694	(1,694)	-
HeritageEmergencyFund	31,001	(28,001)	3,000
WalesCulturalRecoveryFund	12,972	(12,972)	-
LandscapesandEcologicalEnhancement
Projectfund	1,597	(1,597)	-
TreeCouncil-BranchingOutfund	1,797	(1,797)	-
ENRaWCapitalfund	-	(1,179)	(1,179)
RuralDevelopmentProgrammeFund
Capitalfund	-	(2,647)	(2,647)
	225,184	(137,651)	87,533
TOTALFUNDS	227,911	(139,900)	88,011

		Net	Transfers
		movement	between	At
	At1.4.19	infunds	funds	31.3.20
	£	£	£	£
Unrestricted funds
Generalfund	60,673	(19,277)	2,460	43,856
Restrictedfunds
HeritageLotteryFund	1,211,113	(53,101)	(64,810)	1,093,202
HeritageLotteryFundCapitalfund	21,366	(3,316)	64,810	82,860
CADW fund "	(L900)	-	-	(1,900)
CarmarthenCountyCouncilfund	289,074	(6,151)	(25,738)	257,185
WelshGovermentLandfillDisposalTax.
Community Schemefund	-	28,861		28,861
WelshGovernmentEnablingNatural
ResourcesandWell-beinginWalesfund	-	5,520	(4,800)	720
WelshGovernmentRuralCommunities-
RuralDevelopmentProgrammefund	-	17,012	(5,012)	12,000
CarmarthenCountyCouncilCapitalfund	-	(880)	33,090	32,210
	1,519,653	(12,055)	(2,460)	1,505,138
TOTALFUNDS	1,580,326	(31,332)	-	1,548,994

	Incoming	Resources	Movement
	resources	expended	infunds
	£	£	£
Unrestricted funds
Generalfund	10,508	(29,785)	(19,277)
Restrictedfunds
HeritageLottery Fund	1	(53,102)	(53,101)
HeritageLotteryFundCapitalfund	-	(3,316)	(3,316)
CarmarthenCountyCouncilfund	(1)	(6,150)	(6,151)
WelshGovermentLandfillDisposalTax
CommunitySchemcfund	46,125	(17,264)	28,861
WelshGovernmentEnablingNatural
ResourcesandWell-beinginWalesfund	5,520	-	5,520
WelshGovernmentRuralCommunities-
RuralDevelopment Programmefund	17,012		17,012
CelticRoutesfund	674	(674)	-
CanmarthenCountyCouncilCapitalfund	-	(880)	(880)
	69,331	(81,386)	(12,055)
TOTALFUNDS	79,839	(111,171)	(31,332)

CAPITALCOMMITMENTS
	31.3.21	31.3.20
	£	£
Contractedbutnotprovidedforinthefinancialstatements		46,738