``` REGISTERED CHARITY NUMBER: 1179204 ``` ## **`REPORT OF THE TRUSTEES AND`** ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ``` ``` FOR ``` ``` TIR DEWI ``` ``` Llewelyn Davies Yelverton House St John Street Whitland Carmarthenshire SA34 0AW ``` ``` TIR DEWI ``` ``` CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ``` ||**`Page`**|**`Page`**|**`Page`**| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`9`| |**`Independent Examiner's Report`**||`10`|| |**`Statement of Financial Activities`**||`11`|| |**`Balance Sheet`**||`12`|| |**`Notes to the Financial Statements`**|`13`|`to`|`17`| |**`Detailed Statement of Financial Activities`**||`18`|| ``` TIR DEWI ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 ``` ``` Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended 31March2021.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1 January 2019). ``` ``` -1- ``` ``` TIR DEWI ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ## **`What we do`** ``` TirDewiisacharitythatwasestablishedtoprovidereliefandsupporttofarmersormembersof their family(henceforthreferredtointhisreportasfarmers)whoareexperiencinghardship.Thisisa very broaddefinitionandwehavealwaysbeenamazedbythesheervarietyofissuesthatweareasked to support on. This year is no different, but there have been two significant observations: ``` ``` -firstly,therehasbeenastrongerfocusthanwehadpreviouslyexperiencedonMentalHealth. This mightbe,inpart,becauseofthegeneralincreaseinthewiderpopulation'sconversationon Mental Health,itmightalsobebecauseofthefocusofthemainfarmingunionsonthistopic,butitisalso, we suspect,asaresultofthesignificantincreaseinthepressuresfacedbyfarmersduetoissues including Brexit, the consequent changes to farm subsidy systems in Wales, bovine TB. ``` ``` -secondlyand,ofcourse,Covid-19arrivedandthishadanumberofimpactsonfarmersincluding the difficultyoffindingcasuallabouratkeypeakmomentsinthefarmingcalendar,increasingthescale of isolationaslivestockmartsandotherplacesstoppedallowingtheusualgatheringsand causing uncertaintyandsignificantfluctuationsinmarketsforproductsparticularlymilkandprimemeat products as the catering and restaurant trades closed down. ``` ``` Asever,alloftheseareexperiencedontopofanenormousworkloadandofteninextremeisolation as experienced by most farmers. ``` ## **`How we do it`** ``` Allofthesupportthatweprovideisdeliveredbyvolunteers.Wehaveasmallstaffteamthathelps to runtheorganisationincludingworkingwith,supportingandtrainingvolunteers,butwithout the volunteerswecoulddonothing.Theworktheydoisamazingandvaried;aswellasthemost important casework,theystafftheHelpline,supportwithpromotion,translation,IT,press,mediaandsocial media work and, of course form our board of Trustees. ``` ``` WehaveaFreephoneHelplinethatfarmerscancallandalsoworkwithahugenumberofpartners who introducecasestous,whichisoftenreciprocated.Betweenusweformacommunityofsupport for farmers, covering just about any eventuality and set of circumstances. ``` ``` TheTrusteesconfirmthattheyhavehadregardtotheCharityCommission'sguidanceonpublic benefit throughoutTirDewi'soperation.ItistheopinionoftheTrusteesofTirDewithatthecharityhas fulfilled its commitment to public benefit. ``` ## **`Where we do it`** ``` Atthetimeofourpreviousyearend(March2020),wewereprovidingsupporttofarmersinthe three countiesofCarmarthenshire,CeredigionandPembrokeshirethroughastaffteamof2anda volunteer team of around 35 including 6 Trustees. By now, the story is quite different. ``` ``` InMayandAugustof2020,weconductedonlinesurveysoffarmersaimedatexploringtheneed for supportandthenatureofissues.Wehadover250responsesandwereamazedbytherichnessof the informationgained.Thetwokeylessonswere:-that52%ofrespondentssaidthattheywere struggling withatleast5separateissuesatthetimeofresponding.That's5seriousissuesthatthreatened either theirfarmortheirwellbeing.Moreconcerning,however,wasthatupto74%ofrespondentssaid that eveniftheywerestrugglingwithissues(andweknowfromthepreviousanswerthattheywere), they stillwouldn'taskforhelp.Theyusedwordssuchasconfidentiality,judgement,reputation, shame, embarrassment. It was clear that there was a need, and that there was work to be done. ``` ``` InJuly2020welaunchedtheserviceintoPowysandinAugust2020welaunchedintoConwy, Gwynedd andtheIsleofAnglesey.Wenowhaveastaffteamof5andover65volunteersincluding8Trustees and a separate Management Committee for North Wales (2 of whom sit as Trustees). ``` ``` Additionally,welaunchedaYoungFarmers'Project,workingprimarilywiththeYFCMovementin Wales, aimedatsupportingyoungerfarmerswithissues,helpingthemtoseethevalueinseekinghelpearly in any period of difficulty and, hopefully, helping to break the cycle of reluctance of farmers to seek help. ``` ``` -2- ``` ``` TIR DEWI ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ``` ThiswasaimedatthethreecountiesofCarmarthenshire,CeredigionandPembrokeshire,withour Project ManagerintendingtoattendYFCclub-nightstoengagewiththem.But,ofcourse,therehavebeen no clubnightsduetoCovid.Weadapted,thereforeandledClub-Zoom-Nightswhichhavebeena great success, not just in the original three counties, but across Wales. ``` ## **`And we do it in Welsh`** ``` EverythingthatwedoisavailableinbothWelshandEnglishwiththemajorityofourworkbeing provided andconductedinWelsh.ThefarmingsectorhasamuchhigherrepresentationofWelshspeakers than the rest of the population of Wales and it is important that our work reflects this. ``` ``` -3- ``` ``` TIR DEWI ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ## **`Cases`** ``` TirDewihasworkedonover300cases,eachcaseusuallyinvolvinganumberoffamilymembers and sometimesother3rdparties.Throughthesecaseswehavenowsupportedover1,000individuals with anenormousvarietyofissuesincludingfinancialworries,relationshipbreakdowns,problems with suppliers, physical health and the consequences of poor mental health and wellbeing. ``` ``` Sometimes,casesarequitestraightforward-afarmermayhaveanissuethatiscausingdifficultyas they areunsurehowtocompleteit,don'thavethetimeorareatriskofmissinganimportantdeadline. Here, wecandeployasuitablevolunteer,supportwiththeissueandresolveitwiththefarmercreatinga very positive, clear outcome. ``` ``` Sometimesafarmerneedssomeonetotalkto-anopportunityforachat,agoodoldmoanorto discuss aspecificissue.Here,ourvolunteer,usuallyontheHelpline,willprovidethatlisteningearand, where possible,wordsofsupportandencouragement.Thatmaybeenough,andwehavecallerswho may return often to get their opportunity for some 'friendship'. ``` ``` Alltoooften,acasewillinvolveafarmerwithsomanyissuesthattheyhavelosttheabilitytocope; they cannolongerseetheissuesseparatelyandhavebecomealmostparalysedintheirabilityto resolve them.Here,ourvolunteersengageformanyweeksorevenmothstoworkwiththefarmerto create clarity,prioritiseissuesandtosetaboutsupportingthemtoresolvethem.Thisofteninvolves working with partners (see below) and creating a package of support. ``` ``` Thesecomplexcasesareoftenseenasthe'headline'cases,butalloftheaboveareimportanttous, and, of course, to the farmer with the need. ``` ## **`Staff`** ``` UndertakingsuchgrowthduringtheCovidpandemicpresenteduswithanotherchallenge-howto recruit newstafftoleadtheseprojects.Weadvertised,interviewedandappointed,allonlineandhaveended up withanoutstandingteam.Wearenow5people-2full-timeand3part-time:-CEO;Regional Manager South;RegionalManagerNorth;YoungFarmers'Projectmanager;SocialMediaand Communications Manager (Paid internship). ``` ``` Theyareahighlycommittedandableteamwhoworktirelesslywithourvolunteersandthe wider farming community, to the benefit of our farmers. ``` ## **`Volunteers`** ``` Ourgrowthhasalsoseenahugeincreaseinthenumberofvolunteers-wearenow65 people, performingavarietyofrolesandfunctionsfromansweringtheHelplinetotranslatingoursocial media postsand'cleaning'ourdatabase.Akeyroleperformedbytheseisalsocasework,andthishasalso had tochangeduringCovidtimes.Ourmethodologyusedtobebasedstronglyonfarmvisits,sittingwith the farmer,oftenatthekitchentableandhavinglong,in-depthconversations,goingthrough endless paperworkandcupsoftea.Thishasallhadtochangetotelephone,zoomandonlinemeetings and support.Ourvolunteershavedoneanamazingjobatdealingwiththis,butwealllongtogetbackto the kitchen table again. ``` ``` AllvolunteersareDBSchecked,receiveaninductionincludingsafeguardingtrainingandareoffered a rangeoftrainingsubsequently,someinternal,deliveredbystaffandsomeexternal,eitherprovided by partners or paid training providers. Again, this has been online during this year. ``` ## **`Launches`** ``` WeplannedtolaunchourPowysserviceattheRoyalWelshAgriculturalShowinJuly2020.We had arrangedtousetheYFCPavilionandwerereadyforinvitationstogoouttothefarmingcommunity and nationalmedia.Theshowwascancelled,butwewentahead.Theeofuswenttoadeserted showground andfilmedourownlaunch,postingitonsocialmediaandsendingpresscommenttothemedia. It wasn'ttheeventthatwehadplanned,buttheoutcomewasthesame-ourserviceisnowpresentin the county.Wehaveasmallteamofvolunteersthere,currentlyonly4,andhaveworkedonrelatively few casesasweareyettorecruitamanagerfortheregionwhowillworkonpromotingtheservice.This is currently being covered by our Regional Manager for South Wales. ``` ``` -4- ``` ``` TIR DEWI ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 ``` ``` WeplannedthesameformatforNorthWalesinAugustattheAngleseyShow,withthesameresult and thesameoutcome.Wehaveadedicatedstaffmemberherandthishasledtoavolunteerteamof 20 there, many are supporting farmers already. ``` ``` Ourmainadditionalchallengeisgettingthewordouttothefarmingcommunity,butthemediaand our partners have been very supportive of this. ``` ``` WelaunchedourYoungFarmers'ProjectinAugust2020.Thiswasa'soft'launch,essentiallyjust making theYFCclubsawareoftheprojectanddemandgreworganically.Ratherthanjustservingtheclubs of West Wales we have held meetings as far as Anglesey, Flintshire and all points south. ``` ## **`Funders`** ``` Thisgrowthwasonlymadepossiblebythegenerosityoffunders.Webenefitfromthesupportof a number of different funding sources: ``` ``` - Grant giving bodies - we have been fortunate enough to have support from: The National Lottery Community Fund The Princes' Countryside Fund ``` ``` The Rank Foundation - Time to Shine Programme ``` ``` -Coronavirusrelatedfunding-thiswas,ofcourse,unplannedbuthasbeencriticaltoourability to navigate these difficult times. Support here has included: Third Sector Resilience Fund for Wales - phase I and II Princes' Charitable Trust NFU Mutual Trust ``` ``` Wales Coronavirus Resilience Fund ``` ``` -Churches,ChapelsandClubs-Webenefitfromcollectionsanddonationsfromallsortsoftheseand are appreciative of the efforts that they all go to to raise funds, and that they chose to give these to Tir Dewi. ``` ``` -IndividualDonations-weareamazedbythegenerosityofpeopleacrossthecountrywhosupport us withdonations,fromafewpoundstomuchlargersums.Itisrecognitionoftheworkthatour volunteers do and an acknowledgement of the need for our services. ``` ``` The Trustees, Staff and all at Tir Dewi are extremely grateful for all of this support. ``` ## **`Partners and networks`** ``` Alotofthesupportthatweprovidewedoalone,butalargeamountisdonewith,throughorbecause of partners. These can include others in the farming sector or those from the wider Welsh community. ``` ``` Thiscantaketheformofhavingcasesreferredtous,ofusaskingotherstoprovidepartofthe solution needed by a farmer, or even joint promotion and press work. ``` ``` Thesepartnershipshavebeenenormouslysuccessfulatenablingafarwiser,comprehensive support structureforfarmersandwerecognisethatwithoutthem,ourworkwouldbemuchharder,and less effective for a farmer. ``` ``` Our list of partners runs into many pages and includes organisations like: ``` ``` Royal Agricultural Benevolent Institution - provide financial support and grants to farmers Addington Fund - provide financial support and housing support to farmers The DPJ Foundation - mental health awareness Mind Cymru - mental health support Farm Community Network - broad farm support provider FUW - farm union NFU Cymru - farm union Animal Welfare Departments of Local Authorities Rural Police teams NHS departments Farming Connect - department of Welsh Government Welsh Farm Liaison Service - department of Welsh Government ``` ``` -5- ``` ``` TIR DEWI ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ## `McMillan` ## `Stroke Association` ``` YFC Cymru - particularly on our Young Farmers' Project ``` ``` Wealsorecognisethevalueofmanynetworksthatexistasmutuallysupportiveforaor groups presenting a stronger voice of a sector. We are active members of many of these including: ``` - `Welsh Farm Support Group` - `Llechi, Glo a Chefn Gwlad` - `Talwrn` - `Rural Police Boards` - `Pembrokeshire Sustainable Agriculture Network` - `All Party Group on Suicide Prevention` - `Various County based Mental Health Groups` ## **`Press and media`** ``` Ourcoverageinthepressandmediahasincreasedsignificantlyduringthelastyearwith particular emphasisonradio-wearearegularcontributoronBBCRadioWalesandRadioCymru,havebeen on BBCRadio4acoupleoftimesandhavespokenonmanylocalradiostationsandpodcasts.Wehave also been featured on a number of TV shows including farming weekly shows and even Songs of Praise. ``` ``` Socialmediahasalsobeenasignificantbreak-throughforusthisyearaswehaveestablisheda much strongerpresencewithpostsregularlyachievingviewsinthethousandsandvideosachievingover 1,000 individual unique views. ``` ``` This is important to us to break down the reluctance in the industry to ask for help when it is needed. ``` ## **`Infrastructure`** ``` Aswehavegrown,sowehavefounditnecessarytohaveamorerobustinfrastructureonwhich to operate.In2020/2021wehavedevelopedanEmployeeHandbook,aVolunteerHandbookanda suite oftrainingcoursesandassociatedproviders.Asaresult,wearemoreconfidentinourprocesses and have a better trained group of people, better able to serve the farmers of Wales. ``` ``` WehaveidentifiedtheneedforanewDatabase/CaseManagement/Monitoring&Evaluationsystem so thatwecanbemoreefficient,moresecureandabletoproducemoreaccurateandtimelyreports on activity.Wehaveengagedwithanexternalproviderforthis;aleadingproviderofsuchsystemsto UK Charities. This will have a range of impacts across the organisation and beyond. ``` ``` WearealsointheprocessofdevelopinganewwebsiteforTirDewiasthis,andoursocialmedia,are an increasingly 'front line' method of communicating with farmers as a result of Covid. ``` ``` Withallofthisinplace,wewillbeastronger,moreresilientorganisationand,consequently, better placed to serve an increasing number of farmers. ``` ## **`Outcomes`** ``` Whilealloftheaboveinvolvessignificantwork,weneverlosesightofourpurpose-tosupport farmers and their families in need across Wales. ``` ``` ThishasbeenabusyyearforTirDewiaswereceived74newcasesandworkedonalmost100 cases overall. There were 46 active cases at the end of March 2021. ``` ``` Wehavegivenanindicationoftherangeofsupportofferedabove.Hereareafewoutcomeswhich have beendeliveredbyworkingwithfarmers(allofourworkisconfidentialsowecannotnameor identify farms or farmers): ``` ``` -WeregularlysupportafarmeronourHelplinewhoisextremelyisolatedandworkingalone.She has longlastingphysicalinjuriesand,atthetimeofhercallexpressessuicidalthoughtsandintentions. Calls varybutaregenerallyaround45minuteslong,bywhichtimesheisabletosay'thankyou'and'we'll talk again' - confirmation to us that she intends to remain alive. ``` ``` -6- ``` ``` TIR DEWI ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ``` -Wehavesupportedafamilyandfarmlabourerfollowingasuicideonfarm.Therewasnoindication of anysuchthoughtsbutthelabourerfoundhisbossmid-waythroughamorning.Heandthefamily have struggledinmanyways,bothemotionallyandpracticallyandourvolunteershaveprovided invaluable support for a long period to help them to adjust. ``` ``` -Wesupportedafarmerwhohadfailedseveralinspectionsandmattersprogressedtoa prosecution. Hefacedthisaloneand,whileherecognisedthathehadfailed,hedidn'tknowhowtocope. We supportedhimthroughthecourtprocessandtomakemanyadjustmentstohisfarming method subsequently. ``` ``` -Weevenhadthecaseofafarmerwhowasrefusingtoattendhospitalforpotentiallylife-saving cancer treatmentashehadno-onetolookafterhissheep!Wearrangedforotherstodoso,enabling the treatment and the farmer is still with us today. ``` ``` -Otherexamplesincludedisputesoverbills,familydisputesoversuccessionorillness,support of bereaved families and so much more. ``` ``` Itishearteningtousthatsooftenwewillreceiveadonationintheposttosaythankyouforour support either from a farmer, a neighbour or from a local group. ``` ``` But the best thank-you is seeing a farmer returning to a position of coping after our support. ``` ``` Allofthisactivitycombinestohelpensurethatourfarmersandfarmscontinuetooperate,that standard aremaintainedandthatruralcommunitiescontinuetobenefitfromathrivinglocaland foundational economy. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Theperiodofsignificantgrowthdescribedabovehasrequiredandbeenenabledbyasignificant increase in funding support. ``` ``` Wehavelistedthemajorfundingsourcesabove.TheeffectofthesecombinedisthatTirDewihad an incomeof£144,870duringtheyear,asizeableincreaseoverthepreviousyearsincomeof £35,262. Activityresultedinasurplusof£37,504ofwhich£15,506wasfromrestrictedfundsand£21,998 from unrestricted funds. ``` ``` ThefinancialpositionhashadanelementofuncertaintythroughouttheCovidperiod.Examplesof this include: ``` - `Lack of ability to attend shows, rallies and other events where we would speak and expect to benefit` - `from fundraising activity.` - `Lack of ability for outers to stage fundraising events or activities` - `Our staff and volunteers have been unable to travel so costs associated with travel and accommodation` - `are much lower than forecast` - `We have benefitted from Covid related funding from a number of sources.` ``` Theneteffectisthatwehave£68,518reserves£23,388ofwhichisrestrictedfunds.Atcurrentrates of expenditure,thisrepresentsbetween5and6monthsreserveswithoutconsideringfurtherfunding. We believethatanamountrepresentingbetween3and6monthsofreservesisidealandare, therefore satisfied with the financial performance this year. ``` ``` -7- ``` ``` TIR DEWI ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`FUTURE PLANS`** ## **`What's the prognosis for farming and the need for farm support like ours?`** ``` Thishasbeenanextraordinaryyearinmanyways,notleasttheimpactofCovid-19,whichnoneof us could have forecast. For farmers, though we also had the reality of Brexit happening at the end of 2020. ``` ``` Entering 2021/2, farmers are facing even more uncertainty and increasing challenges, including: ``` ``` -Brexit.WhileformanyofusitwouldseemthatBrexithascomeandgone,forfarmerstheimpacts are only just beginning to be felt. These will include: ``` - `Changes and threats to markets for British produce, most of which remain uncertain at best. - Changes to the main UK farm grants scheme as provided by government. A timetable has been set for this in the next few years but farmer do not yet know what the new structure will look like or how to get there.` - `Continuing pressures of inspections and regulation.` - `The introduction of NVZs leading to increased cost and uncertainty.` - `Additional environmental pressures.` - `Ongoing Bovine TB.` - `Extreme isolation and` - `Covid` ``` This is an enormous burden which falls not just on an industry, but on every individual farmer. ``` ``` Farmersandfarmingfeedsthenationandisthestewardofthecountryside.Weremainoptimistic that farminghasastrongplaceattheheartofruraleconomiesandthenationasawhole,butfor individuals, these pressures can often be too much. This is where Tir Dewi and others like us are so very necessary. ``` ``` Duringthenextperiod,wehopetocompleteouravailabilitycoverageacrosstherestofWales, including theNorthEastandSouthEastandwillbeseekingfurtherfundingsupporttoenablethis.Wewillalso be lookingforotheropportunitiestopromotefarmsupportandhelpchangebehavioursand attitudes towards asking for Help. ``` ``` Weareenormouslygratefultoourvolunteers,trustees,managementcommitteecolleagues, staff, fundersandsupporters.Eachplaysanessentialroleinourabilitytosupportfarmersandtheir families across Wales. ``` ## **`FUTURE FUNDING EXPECTATIONS`** ``` Manyofthefundingarrangementsagreedduringthisyeararefor3or5yearterms.Thisgivesus some confidencearoundcontinuityfortheseprojects.Ambitionsforfurthergrowthand development, however, will bring additional funding needs as well as ongoing funding of core costs. ``` ``` WeseetheneedfortwomoreregionstobeestablishedtoprovideourfullcoverageofWalesandhope to be in a position to explore these further during 2021/2. ``` ``` Wecontinuetomaintaintightfinancialcontrolsandtotrytoprovidevalueforevery£spent. Our relationshipswiththefarmingsector,withorganisationswhomakedonationsandwithour funding partners remains crucial to our continued ability to provide this much needed service. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated charity. ``` ``` TirDewiisestablishedasaCIOandisregisteredwiththeCharityCommission(Registered Number 1179204),withagoverningdocumentintheformofaconstitutionwhoseonlyvotingmembersare the charityTrustees.OurConstitutionwasreviewedatourlastAGMinJune2021withnochanges deemed necessary. ``` ``` -8- ``` ``` TIR DEWI ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Charity constitution`** ``` TirDewihas7Trustees(listedbelow)whomet4timesduringtheyearplusanAGM.Trustees are appointedandre-appointedbyaresolutionpassedatTrustees'meetings.AChair,Vice-Chair and TreasureriselectedfromamongtheTrusteeseachyearattheAGM.TwonewTrusteeswere appointed thisyearreflectingthebroadeningofourserviceintoNorthWales.Therearemanydifferences between thefarmingmodelsofNorthandSouthWalessoTirDewiformedaManagementCommitteeof6 persons tomeetregularlytosupportandadvisetheregionaloperation.Thegroupelectedtwoofitsmembers to join the board of Trustees. ``` ## **`Decision making`** ``` Day-to-daymanagementoftheorganisationlaywiththeChiefExecutiveOfficer,GarethDavies, who attendedallmeetingsoftheTrusteesandwhohadfrequentconversationsasrequiredwiththeChair and variousotheroftheTrustees.Therelationshipisco-operative,supportiveandsharesa mutual commitment to the future ability of Tir Dewi to serve the farmers of Wales. ``` ``` Duringtheperiodofthisreporttherewerefourotherstaffmembers:-aRegionalManager- North, RegionalManager-South,YoungFarmers'ProjectManagerandaSocialMediaand Communications Manager. All of these report to the Chief Executive Officer. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`** ``` 1179204 ``` ## **`Principal address`** ``` Middle Tancredston Hayscastle Haverfordwest Pembrokeshire SA62 5PX ``` ## **`Trustees`** ``` Mr M T J Lewis Ms S M Jones (appointed 1/2/2021) Mr W P Hughes (appointed 1/2/2021) Mr J T Davies The Ven R H E Davies Ms O M Davies Mr J M Thomas ``` ## **`Independent Examiner`** ``` Llewelyn Davies Yelverton House St John Street Whitland Carmarthenshire SA34 0AW ``` ``` Approved by order of the board of trustees on 23 June 2021 and signed on its behalf by: ``` ``` Mr M T J Lewis - Trustee ``` ``` -9- ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TIR DEWI ``` ## **`Independent examiner's report to the trustees of Tir Dewi`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsofTirDewi(theTrust)forthe year ended 31 March 2021. ``` ## **`Responsibilities and basis of report`** ``` AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance with the requirements of the Charities Act 2011 ('the Act'). ``` ``` IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheAct and incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission under section 145(5)(b) of the Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in connection with the examination giving me cause to believe that in any material respect: ``` `1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` C R John FCA FCCA Llewelyn Davies Yelverton House St John Street Whitland Carmarthenshire SA34 0AW ``` ``` 23 June 2021 ``` ``` -10- ``` ``` TIR DEWI ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021`** |`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`32,627`
**`Charitable activities`**
`Provision of counselling & support services`
`410`
**`Total`**
`33,037`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Provision of counselling & support services`
`9,895`
`Other`
`1,144`
**`Total`**
`11,039`
**`NET INCOME/(EXPENDITURE)`**
`21,998`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`23,132`
**`TOTAL FUNDS CARRIED FORWARD`**
`45,130`|`Restricted`
`funds`
`£`
`111,833`
`-`
`111,833`
`96,327`
`-`
`96,327`
`15,506`
`7,882`
`23,388`|`2021`
`Total`
`funds`
`£`
`144,460`
`410`
`144,870`
`106,222`
`1,144`
`107,366`
`37,504`
`31,014`
`68,518`|`2020`
`Total`
`funds`
`£`
`35,262`
`-`
`35,262`
`56,866`
`182`
`57,048`
`(21,786)`
`52,800`
`31,014`| |---|---|---|---| ``` The notes form part of these financial statements ``` ``` -11- ``` ``` TIR DEWI ``` ## **`BALANCE SHEET 31 MARCH 2021`** |`Unrestricted`
`Restricted`
`funds`
`funds`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`4`
`390`
`539`
**`CURRENT ASSETS`**
`Debtors`
`5`
`650`
`55`
`Cash at bank`
`45,828`
`41,957`
`46,478`
`42,012`
**`CREDITORS`**
`Amounts falling due within one year`
`6`
`(1,738)`
`(19,163)`
**`NET CURRENT ASSETS`**
`44,740`
`22,849`
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
`45,130`
`23,388`
**`NET ASSETS`**
`45,130`
`23,388`
**`FUNDS`**
`8`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`2021`
`Total`
`funds`
`£`
`929`
`705`
`87,785`
`88,490`
`(20,901)`
`67,589`
`68,518`
`68,518`
`45,130`
`23,388`
`68,518`|`2020`
`Total`
`funds`
`£`
`-`
`-`
`31,014`| |---|---|---| |||`31,014`
`-`| |||`31,014`| |||`31,014`| |||`31,014`| |||`23,132`
`7,882`| |||`31,014`| ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 23 June 2021 and were signed on its behalf by: ``` ``` Mr M T J Lewis - Trustee ``` ``` Ms O M Davies - Trustee ``` ``` The notes form part of these financial statements ``` ``` -12- ``` ``` TIR DEWI ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they have been allocated to activities on a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its estimated useful life. ``` ``` Fixtures and fittings- Straight line over 3 years Computer equipment- Straight line over 3 years ``` ## **`Taxation`** ``` The charity is exempt from tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`2. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021nor for the year ended 31 March 2020. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31March2021norfortheyear ended 31 March 2020. ``` ``` -13- ``` ``` TIR DEWI ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` |**`3.`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**|||| |---|---|---|---|---|---| |||`Unrestricted`|`Restricted`||`Total`| |||`funds`|`funds`||`funds`| |||`£`|`£`||`£`| ||**`INCOME AND ENDOWMENTS FROM`**||||| ||`Donations and legacies`|`20,510`|`14,752`||`35,262`| ||**`EXPENDITURE ON`**||||| ||**`Charitable activities`**||||| ||`Provision of counselling & support`||||| ||`services`|`49,996`|`6,870`||`56,866`| ||`Other`|`182`||`-`|`182`| ||**`Total`**|`50,178`|`6,870`||`57,048`| ||**`NET INCOME/(EXPENDITURE)`**|`(29,668)`|`7,882`||`(21,786)`| ||**`RECONCILIATION OF FUNDS`**||||| ||**`Total funds brought forward`**|`52,800`||`-`|`52,800`| ||**`TOTAL FUNDS CARRIED FORWARD`**|`23,132`|`7,882`||`31,014`| |**`4.`**|**`TANGIBLE FIXED ASSETS`**||||| |||`Fixtures`|||| |||`and`|`Computer`||| |||`fittings`|`equipment`||`Totals`| |||`£`|`£`||`£`| ||**`COST`**||||| ||`Additions`|`415`|`978`||`1,393`| ||**`DEPRECIATION`**||||| ||`Charge for year`|`138`|`326`||`464`| ||**`NET BOOK VALUE`**||||| ||`At 31 March 2021`|`277`|`652`||`929`| ||`At 31 March 2020`|`-`|`-`||`-`| |**`5.`**|**`DEBTORS: AMOUNTS FALLING DUE WITHIN`**|**`ONE YEAR`**|||| ||||`2021`||`2020`| ||||`£`||`£`| ||`Prepayments and accrued income`||`705`||`-`| ``` -14- ``` ``` TIR DEWI ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade creditors`
`Other creditors`
**`LOANS`**
`An analysis of the maturity of loans is given below:`
`Amounts falling due within one year on demand:`
`Other loans`
**`MOVEMENT IN FUNDS`**
`At 1.4.20`
`£`
**`Unrestricted funds`**
`General fund`
`23,132`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
`7,882`
`National Lottery`
`-`
`7,882`
**`TOTAL FUNDS`**
`31,014`
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`33,037`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
`31,095`
`WCVA`
`27,000`
`Princes Countryside Fund`
`5,000`
`National Lottery`
`46,738`
`Coronavirus Grant`
`2,000`
`111,833`
**`TOTAL FUNDS`**
`144,870`|`2021`
`£`
`639`
`20,262`
`20,901`
`2021`
`£`
`9,000`
`Net`
`movement`
`in funds`
`£`
`21,998`
`4,121`
`11,385`
`15,506`
`37,504`
`Resources`
`expended`
`£`
`(11,039)`
`(26,974)`
`(27,000)`
`(5,000)`
`(35,353)`
`(2,000)`
`(96,327)`
`(107,366)`|`2020`
`£`
`-`
`-`
`-`
`2020`
`£`
`-`
`At`
`31.3.21`
`£`
`45,130`
`12,003`
`11,385`
`23,388`
`68,518`
`Movement`
`in funds`
`£`
`21,998`
`4,121`
`-`
`-`
`11,385`
`-`
`15,506`
`37,504`| |---|---|---| ## **`7. LOANS`** ## **`8. MOVEMENT IN FUNDS`** ``` -15- ``` ``` TIR DEWI ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`8. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.4.19`
`in funds`
`£`
`£`
`52,800`
`(29,668)`
`-`
`7,882`
`52,800`
`(21,786)`|`At`
`31.3.20`
`£`
`23,132`
`7,882`| |---|---|---| |||`31,014`| ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`20,510`
`(50,178)`
`(29,668)`
`14,752`
`(6,870)`
`7,882`
`35,262`
`(57,048)`
`(21,786)`| |---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
`National Lottery`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.4.19`
`in funds`
`£`
`£`
`52,800`
`(7,670)`
`-`
`12,003`
`-`
`11,385`
`-`
`23,388`
`52,800`
`15,718`|`At`
`31.3.21`
`£`
`45,130`
`12,003`
`11,385`| |---|---|---| |||`23,388`| |||`68,518`| ``` -16- ``` ``` TIR DEWI ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`8. MOVEMENT IN FUNDS - continued`** ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Llechi, Glo a Chefn Gwlad`
`WCVA`
`Princes Countryside Fund`
`National Lottery`
`Coronavirus Grant`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`53,547`
`45,847`
`27,000`
`5,000`
`46,738`
`2,000`
`126,585`
`180,132`|`Resources`
`expended`
`£`
`(61,217)`
`(33,844)`
`(27,000)`
`(5,000)`
`(35,353)`
`(2,000)`
`(103,197)`
`(164,414)`|`Movement`
`in funds`
`£`
`(7,670)`
`12,003`
`-`
`-`
`11,385`
`-`
`23,388`
`15,718`| |---|---|---|---| ## **`9. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 March 2021. ``` ``` -17- ``` ``` TIR DEWI ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021`** ||`2021`|`2020`| |---|---|---| ||`£`|`£`| |**`INCOME AND ENDOWMENTS`**||| |**`Donations and legacies`**||| |`Donations`|`32,627`|`14,813`| |`Grants`|`111,833`|`20,449`| ||`144,460`|`35,262`| |**`Charitable activities`**||| |`Training given`|`200`|`-`| |`Media work`|`210`|`-`| ||`410`|`-`| |**`Total incoming resources`**|`144,870`|`35,262`| |**`EXPENDITURE`**||| |**`Charitable activities`**||| |`Wages`|`81,787`|`40,125`| |`Home office allowance`|`1,272`|`216`| |`Insurance`|`60`|`644`| |`Telephone`|`2,238`|`1,618`| |`Postage, stationery & printing`|`1,344`|`1,368`| |`Advertising & promotion`|`8,930`|`370`| |`Sundries`|`2,129`|`-`| |`Admin costs`|`336`|`379`| |`Computer costs`|`807`|`306`| |`Website & database costs`|`2,478`|`2,006`| |`General expenses`|`444`|`1,693`| |`Travelling costs`|`1,208`|`8,003`| |`Subscriptions & training`|`2,725`|`138`| |`Fixtures and fittings`|`138`|`-`| |`Computer equipment`|`326`|`-`| ||`106,222`|`56,866`| |**`Support costs`**||| |**`Management`**||| |`Sundries`|`124`|`182`| |`Accountancy fees`|`1,020`|`-`| ||`1,144`|`182`| |`Total resources expended`|`107,366`|`57,048`| |**`Net income/(expenditure)`**|`37,504`|`(21,786)`| ``` This page does not form part of the statutory financial statements ``` ``` -18- ```