2021-03-31-accounts - Care And Repair Western Bay

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			Page
Report ofthe	Trustees		1 to 9
Report ofthe	Independent	Auditors	10to 12
Consolidated	Statement of Financial Activities		13
Consolidated	Balance Sheet		14
Charity Balance Sheet			15
Consolidated	Cash Flow Statement		16
Notes to the	Consolidated	Cash Flow Statement	17
Notes to the	Consolidated	Financial Statements	18to 33

supervising management.	supervising management.
Day to day responsibility for the charity rests with the Chief		Officer	and		in	turn the Deputy			Chief	Officer and	Services
Manager and the Operations Manager in the Trading Arm.	To facilitate			effective operations				the management			team has
delegated authority, as approved by the trustees, for operational			matters			including	finance		and	performance	related
activity. Employees ofthe charity attending the Board ofTrustees meetings					do not have any			voting		rights.
New Members are given an induction pack containing: 1.Governing Documents
1.1 Care and Repair Western Bay Articles ofAssociation
1.2 Care and Repair Solutions Memorandum ofAssociation
2.The Role ofBoard Trustees
2.1 Board Trustee Job Description
2.2 The Essential Trustee - Charity Commission Guidance
2.3Guidance for Board Members: Decision Making -Charity	Commission			Guidance
2.4 The Charity Governance Code
2.5 Conflict ofinterest Guide -Charity Commission Guidance
2.6 Conflict ofInterest Guide -ICSA Guidance
2.7Trustee Expenses -Charity Commission Guidance
2.8 Care and Repair Group Conflict ofinterest Policy
3.Standing Orders and Terms ofReference
3.1 Standing Orders for meetings ofCare and Repair Western		Bay Board			of	Trustees
3.2 Terms of Reference for Care and Repair Western Bay Board of Trustees'						Standing	Committee
4.Membership Policy for Care and Repair Western Bay	Trustees
5.Finance
5.1 Financial Regulations including Schedules of Delegated	Authority
5.2 Care and Repair Western Bay Reserves Policy
5.3Consolidated Financial Statements 2019 - 2020
6.Business Plans
6.1 Care and Repair Western Bay Business Plan 2020 - 2023
6.2 Care 8 Repair Solutions Business Plan 2020 - 2023
6.3 Business Continuity Plan
7 Health and Safety
7.1 Health and Safety Policy and Plan
7.2 Health and Safety additional information
8Care and Repair Western Bay and Care LRepair Services General				Information
8.1 Care and Repair Western Bay Board ofTrustees
8.2 Care and Repair Solutions Directors
8.3Care and Repair Western Bay Group Board Structure
8.4 Care and Repair Western Bay Organisational Chart 2021 - 2022
8.5 Care and Repair Solutions Organisational Chart 2021 - 2022
9Care &Repair Cymru -Useful Information
10Declaration ofinterests Form

						2021	2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	F		F
INCOINE AND ENDOWMENTS		FROM
Donations and legacies				394,989		394,989	398,847
Charitable activities
Care 8 Repair				697,019	1,515,791	2,212,810	2,133,524
Investment income				308		308	1,457
Other income				144		144	42
Total				1,092,460	1,515,791	2,608,251	2,533,870
EXPENDITURE ON
Charitable activities
Care 8 Repair				907,183	1,504,238	2,411,421	2,438,923
Total				907,183	1,504,238	2,411,421	2,438,923
Re-measurement gains/(losses) benefit pension		on defined		~270,580)		~270,580)	243,237
NET INCOME BEFORE TAX				(85,303)	11,553	(73,750)	338,184
Tax			14	~8,617)		~8.617)	2,421
NET INCOME FOR THE FINANCIAL YEAR				(93,920)	11,553	(82,367)	340,605
Transfers between	funds		22	11,553	~11,553
Net movement in funds				(82,367)		(82,367)	340,605
RECONCILIATION OF FUNDS
Total funds brought	forward			855,327		855,327	514,722
TOTAL FUNDS CARRIED FORWARD				772,960		772.960	855,327

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes			F	F
FIXEDASSETS
Intangible assets	16	5,094		5,094	7,642
Tangible assets	17	81,754		81,754	29,745
		86,848		86,848	37,387
CURRENT ASSETS
Stocks		15,904		15,904	22,329
Debtors	18	46,351		46,351	80,351
Cash at bank and in hand		1,284,308	10,000	1,294,308	1,064,680
		1,346,563		1,356,563	1,167,360
CREDITORS
Amounts falling due within one year	19	(227,135)	(10,000)	(237,135)	(157,721)
NET CURRENT ASSETS		1,119,428		1,119,428	1,009,639
TOTAL ASSETS LESSCURRENT LIABILITIES		1,206,276		1,206,276	1,047,026
PROVISIONS FOR LIABILITIES	21	(433,316)		(433,316)	(191,699)
NET ASSETS		772,960		772 960	855,327
FUNDS	22
Unrestricted funds				772,960	855,327
Restricted funds
TOTAL FUNDS				772,980	855,327

					2021	2020
			Unrestricted	Restricted	Total	Total
		Notes	funds F	funds f	funds f	funds E
FIXEDASSETS
Tangible assets		17	26,163		26,163	21,579
CURRENT ASSETS
Debtors		18	26,730		26,730	69,704
Cash at bank and	in hand		t 250,652	10,000	1,260,652	974,081
			1,277,382		1,287,382	1,043,785
CREDITORS
Amounts falling due within one year		19	(247,208)	(10,000)	(257,208)	(55,568)
NET CURRENT ASSETS			1,030,174		1,030,174	988,217
TOTAL ASSETS	LESSCURRENT LIABILITIES		1,056,337		1,056,337	1,009,796
PROVISIONS FOR LIABILITIES		21	(423,000)		(423,000)	(190,000)
NET ASSETS			633,337	-	633,337	819,796
FUNDS
Unrestricted funds					633,337	819,796
Restricted funds
TOTAL FUNDS					633,337	Bt9,796

						2021	2020
					Notes	f
Cash flows from operating		activities:
Cash generated from	operations					302,521	516,328
Tax
Net cash provided by (used in) operating
activities						302,521	516,328
Cash flows from investing		activities:
Purchase oftangible	fixed assets					(73,201)	(11,664)
Sale oftangible fixed	assets						3,750
Interest received						308	1,457
Net cash provided by {used in) investing activities						~72,893)	~6.467)
Change in cash and	cash	equivalents	in the
reporting period						229,628	509,871
Cash and cash equivalents		at the beginning		of
the reporting period						1,064,680	554,809
Cash and cash equivalents		at the end	ofthe
reporting period						1,294,308	1,064,680

	RECONCILIATION	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	ACTIVITIES
							2021	2020
							f
	Net income for the		reporting	period (as per the statement offinancial
	activities)						(73,750)	338,184
	Adjustments for:
	Depreciation charges						23,740	24,150
	Profit on disposal							(3,750)
	Re-measurement	gains/(losses)			on defined	benefit pension	270,580	(243,237)
	Interest received						(308)	(1,457)
	(Increase)/decrease		in stock				6,425	(4,369)
	(Increase)/decrease		in debtors				34,000	450,400
	Increase/(Decrease)		in creditors				41,834	~43,593)
	Net cash provided		by (used in)		operating	activities	302,521	516,328
2.	ANALYSIS OF CHANGES IN			NET FUNDS
						At 1/4/20	Cash Row f	At 31/3/21 f
	Net cash
	Cash at bank and	in	hand			1,064,680	229,628	1,294,308
	Total					1,064,680	229 628	1,294,308

INVESTMENT INCOME
						2021	2020 f
Deposit account interest						308	1,457
INCOME FROM CHARITABLE ACTIVITIES
						2021	2020
Grants						1,673,345	1,549,188
Client contributions to work						720	4,773
Benevolent funding						1,500	1,690
Charitable trading income
from Care 8 Repair Solutions						537,245	577,873
						2,212,810	2,133,524
Grants received, included in	the above,			are as follows:
						2021	2020
							F
Welsh Government - RRAP	Revenue		Grant			39,600	39,600
Welsh Government - RRAP Capital		Grant				166,500	166,500
Welsh Government -Winter	Pressure					5,000	29,621
City 8 County of Swansea Housing		Department				82,651	120,325
Swansea Bay University Health Board			(Core)			18,386	18,934
Integrated Care Fund (ICF)						775,000	615,000
Integrated Care Fund (ICF) —Primary			Care Caseworkers		and Technical	52,625	53,288
project
Health Board —Winter Pressures							48,500
City & County of Swansea Social Services							6,043
Neath Port Talbot Social Services						69,833	73,290
City 8 County of Swansea - ENABLE						301,647	303,600
Care and Repair Cymru						91,968	66,112
WDP Affordable Warmth						7,500	8,375
Calon Y Cymoedd						13,205
Wales Council for Voluntary	Action					17,577
Citizens Advice Bureau						6,000
Neath Port Talbot Council for Voluntary				Services		8,549
Swansea Council for Voluntary Services						7,096
COVID Job Retention Scheme Grant						10,208
						1,673,345	1,549,188

OTHER INCOME
						2021	2020
							E
Other income						144	42
RESULTS OF PARENT CHARITABLE COMPANY
The income ofthe	parent charitable	company was		E2,093,527 and net loss was		f186,459.
CHARITABLE ACTIVITIES COSTS
					Direct costs	Support costs	Totals
					(See note 9) F	(See note 10) f
Care 8 Repair					2,198,882	212,539	2,411,421
DIRECT COSTS OF CHARITABLE		ACTIVITIES
						2021	2020
						f
Staff costs						1,039,268	970,126
Direct purchasing	and contractor costs					882,629	932,832
Other direct costs						83,751	95,253
Staff training costs						6,849	8,409
Travel and subsistence						10,032	11,034
Motor expenses						274	1,098
Rent, rates and other premises costs						73,590	70,126
Insurance						10,264	12,243
Light and heat						6,015	4,587
Cleaning costs						3,798	4,964
Telephone costs						20,436	17,699
Printing, postage and stationery Repairs and maintenance						12,034 2,511	13,649 3,454
Sundry expenses						5,040	525
Computer costs						19,987	12,437
Recruitment costs						1,010	347
Donations							5,000
Staff management	costs					1,908	1,234
Depreciation						19,486	20,463
						2,198,882	2,185480
SUPPORT COSTS
						Governance
		Salaries	Depreciation/		Other	costs	Totals
			Amortisation
Care and repair		116,659		4,254	85,838	25,788	212,539

STAFF COSTS
	2021	2020
	F
Wages and salaries	1,051,010	1,004,617
Social security costs	88,909	80,394
Other pension costs	28,546	26,752
	1 166,465	1 111 763

				Unrestricted	Restricted	Total
				funds	funds	funds
					E	F
INCOME AND ENDOWNIENTS			FROM
Donations and legacies				398,847		398,847
Charitable activities
Care & Repair				831,172	1,302,352	2,133,524
Investment income				1,457		1,457
Other income				42		42
Total				1,231,518	1,302,352	2,533,870
EXPENDITURE ON
Charitable activities
Care 8 Repair				1,136,571	1,362352	2,438,923
Total				1,136,571	1,302,352	2,438,923
Re-measurement gains/(losses)			on defined
benefit pension				243,237		243,237
NET INCOME BEFORE TAX				338,184		338,184
Tax				2,421		2,421
NET INCOME FOR	THE FINANCIAL YEAR			340,605		340,605
Transfers between		funds
Net movement in funds				340,605		340,605
RECONCILIATION	OF FUNDS
Total funds brought		forward		514,722		514,722
TOTAL FUNDS CARRIED FORWARD				555,327		855,327
INTANGIBLE FIXEDASSETS			—Group			Other
						intangible
						assets
						F
COST
At 1 April 2020
and 31 March 2021						10,190
AMORTISATION
At 1 April 2020						2,548
Charge for year						2,548
At 31 March 2021						5,096
NET BOOK VALUE
At 31 March 2021						5,094
At 31 March 2020						7,642

TANGIBLE FIXEDASSE	TS
Group
	Improvements	Fixtures and		Computer
	to property	fittings	Motor vehicles	equipment	Totals
				8 tools
				f
COST
At 1 April 2020	103,255	14,663	68,056	48,194	234,168
Additions		313	58,790	14,098	73,201
At 31 March 2021	103,255	14,976	126,846	62,292	307,369
DEPRECIATION
At 1 April 2020	95,497	14,506	65,905	28,515	204,423
Charge for year	2,811	69	9,104	9,208	21,192
At 31 March 2021	98,308	14,575	75,009	37,723	225,615
NET BOOK VALUE
At 31 March 2021	4,947	401	51,837	24,569	81,754
At 31 March 2020	7.758	157	2,151	19,679	29,745
Charity
	Improvements	Fixtures and		Computer
	to property f	fittings	Motor vehicles	equipment f	Totals f
COST
At 1 Apn'I 2020	103,255	14,663	15,499	31,087	164,504
Additions		313		14,098	14,411
At 31 March 2021	103,255	14,976	15,499	45,185	178,915
DEPRECIATION
At 1 April 2020	95,497	14,506	15,499	17,423	142,925
Charge for year	2,811	69		6,947	9,827
At 31 March 2021	98,308	14,575	15,499	24,370	152,752
NET BOOK VALUE
At 31 March 2021	4,947	401		20,815	26,163
At 31 March 2020	7.758	157		13,664	21,579

DEBTORS:AMOUNT	S F	ALLING DUE WITHIN	ONE YEAR
			Group	Group	Charity	Charity
			2021	2020 f	2021 F	2020 F
Trade debtors			12,747	29,797	2,138	4,453
Amounts owed by group undertakings Prepayments and accrued income			33,604	50,554	24,592	43,276 21,975
			46.351	80,351	26,730	69,704
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
			Group	Group	Charity	Charity
			2021 F	2020 F	2021 f	2020 f
Trade creditors			128,106	91,784	87,279	33,032
Amounts owed to group undertakings Social security and other taxes			10,408	9,886	127,249 10,408	9,886
VAT			34,523	22,512
Other creditors			29,217	24,380	7,050	6,741
Accruals and deferred	income		34,881	9,159	25,222	5,909
			237,135	157,721	257,208	55.568
LEASING AGREEMENTS
Minimum lease payments		under non-cancellable	operating leases fall due as follows:
					2021	2020
Within one year Between one and five	years				87,934 51,654	83,639 72,174
					139588	155,813
PROVISIONS FOR LIABILITIES
Group
			Group	Group	Charity	Charity
			2021	2020 f	2021 F	2020 f
Defined pension scheme provision			423,000	190,000	423,000	190,000
Deferred tax provision			10,316	1,699
			433.316	191,699	423,000	190,000

								Net movement	Transfers	Transfers
							At 1/4/20 f	in funds f	between	funds	At 31/3/21
Unrestricted funds
General fund							641,550	(93,920)	(125,987)		421,643
Designated fund - Tenant		improvement				fund	7,557				7,557
Designated fund - Pension		contingency				fund	130,000				130,000
Designated fund - Hardship		fund					4,220			5,780	10,000
Designated fund - Accommodation					reserve		72,000		131,760		203,760
							855,327	(93,920)		11,553	772,960
Restricted funds
ENABLE (Swansea) fund COVID-19 Funding								(1,953) 13.506	1,953 ~13.506)
								11,553	(11,553)
TOTAL FUNDS							855,327	~82,367)			772,960
Net movement in funds,	included			in	the	above are as follows:
							Incoming	Resources	Gains and		Movement	in
							resources f	expended f		losses	funds
Unrestricted funds
General fund							1,092,460	(907,183)	(279,197)		(93,920)
Restricted funds
Rapid Response Adaptations			Programme				166,500	(166,500)
Essential access							68,000	(68,000)
ENABLE (Swansea) fund							301,647	(303,600)			(1,953)
Benevolent funding							1,500	(1,500)
Home to Hospital Pilot							5,807	(5,807)
Winter Pressure fund							5,000	(5,000)
Warm Homes fund (ICF)							200,000	(200,000)
Managing Better fund (ICF)							175,000	(175,000)
Care 8 Repair Cymru - Critical			Prevention
fund							40,671	(40,671)
WPD - Affordable Warmth		fund					7,500	(7,500)
Primary Care Project Casework				and Technical
Project							52,625	(52,625)
Independent Living fund	(ICF)						200,000	(200,000)
Primary Care fund (ICF)							200,000	(200,000)
Care 8 Repair Cymru - Hospital				to	Home		40,614	(40,614)
Calon Y Cymoedd							13,205	(13,205)
COVID-19 Funding							15,645	(2,139)			13,506
WCVA Third Sector Recovery Pension Credit Campaign			Fund				16,077 6,000	(16,077) ~6,000)
							1,515,791	(1,504,238)			11,553
TOTAL FUNDS							2,608,251	~2,411,421)	~279,197)		~82,367)

									Net movement	Transfers	Transfers	Transfers
								At 1/4/19 F	in funds E	between	funds f		At 31/3/20
Unrestricted funds
General fund								298,636	357,914	(15,000)			641,550
Designated fund	-	Tenant improvement					fund	7,557					7,557
Designated fund	-	Pension	contingency				fund	130,000					130,000
Designated fund	-	Hardship	fund					6,529	(17,309)		15,000		4,220
Designated fund	-	Accommodation				reserve		72,000					72,000
TOTAL FUNDS								514.722	340,605				855,327
Net movement in	funds, included					in the	above are as follows:
								Incoming	Resources	Other	gains		Movement	in
								resources	expended	and	losses		funds
										including		tax
Unrestricted funds
General fund Designated fund	-	Hardship	fund					1,225,820 5,698	(1,113,564) ~23,D07)	245,658			357,914 ~17,309)
								1,231,518	(1,136,571)	245,658			340,605
Restricted funds
Rapid Response	Adaptations			Programme				166,500	(166,500)
Essential access	and small		minor			works	fund	68,000	(68,000)
ENABLE (Swansea) fund								303,600	(303,600)
Benevolent funding								1,690	(1,690)
Home to Hospital		Pilot						38,475	(38,475)
Winter Pressure	fund							48,500	(48,500)
Healthy Home fund								100,000	(100,000)
Warm Homes fund								100,000	(100,000)
Managing Better	fund							60,000	(60,000)
Care 8 Repair Cymru - Critical				Prevention
fund								24,303	(24,303)
WPD - Affordable		Warmth	fund					8,375	(8,375)
Winter Pressures		Capital fund						29,621	(29,621)
Primary Care Project Casework					and Technical			53,288	(53,288)
Project
independent Living fund								100,000	(100,000)
Dry Homes fund								100,000	(100,000)
Primary Care fund								100,000	(100,000)
								1,302,352	(1,302,352)
TOTAL FUNDS								2,533,870	~2,438,923)	245,658			340,605

A summary ofthe results ofthe subsidiary is shown	below:
		2021	2020
		F	F
TURNOVER		1,183,573	1,169,531
Cost ofsales		~957.329)	~995.352)
GROSS PROFIT		226,244	174,179
Administrative expenses		~154,136)	~181.003)
		72,108	(6,824)
Other operating income		40,679
OPERATING PROFIT/(LOSS)		112,787	(6,824)
Interest payable and similar expenses		(78)
PROFIT/(LOSS) BEFORE TAXATION		112,709	(6,824)
Tax on profit/(loss)		~8.617)	2,421
PROFIT/(LOSS) FOR THE FINANCIAL YEAR		1D4,092	~4.4D3)
The aggregate ofthe assets, liabilities and retained	earnings were:
		2021	2020
		E	E
Assets		257,115	182,659
Liabilities		(117,492)	(147,128)
Retained earnings		139,623	35,531