COMPANY REGISTRATION NUMBER.. 03588496
CHARITY REGISTRATION NUMBER: 1189976
Crest Co-operative Ltd {charity)
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2021
JONES & GRAHAM ACCOUNTANTS
'AAJZDV08•
23112r2￿21
COMPANIES HOUSE
Chartered accountants
45 Vale Street
DENBIGH
Denbighshire
LL16 3AH
A10
#28

Crest Co•operative Ltd (charity)
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2021
Page
Trustees, annual reFort (incorFMJrating the diredorfs report)
Chartered accountant's ￿port to the board of trustees on the
preparation of the unaudited statutory financial statements
Statement of financial activities (includiro income ar
expenditure account)
ststement of financial position
Noles to the finanaal stalements
10
The following pages do not forni part of the financial statements
Detailed stalement of financial activities
Notes to the detailed statement of financial activities
25

Crest C04)perative Ltd (charity)
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 31 March 2021
The Iruslees. who are also the directors for the purposes of company law. presenl their report and the
unaudited fInar￿la1 slalemenls of the charity for the year ended 31 March 2021.
Rèférèn¢o and administrative d•tails
Registered charity name
Crest Cw)erative Ltd (charity>
Charity registration number
1189976
Company r8gistration number 03588496
Principal office and reglstered Unil 2 Briertey House
office
Ferry Farm Road
LlarKludno Junction
Conwy
LL31 9SF
The trustees
Mr M Thompson
Mrs K M Baker
Mrs A K Burke
MrLJCox
(Appointed 1 July 2020)
(Appointed 1 July 2020}
Company gecretary
Wendy Williams
Accountants
Jones & Graham AcctyJntants
Chartered accountants
45 Vale Street
DENBIGH
Denbighshire
LL16 3AH

Crest Co•operative Ltd {charlty)
Company Limited by Guarantee
Trustees. Annual Report (Incorporatlng th• Directofs Report) (ety7thu•d)
Year ended 31 March 2021
Structure. governance and managem￿1
Crest Co-operative Ltd is governed by a voluntary board of TrLtstees.- during the last reporting year.
four were registered trustees {including the Chairman) and one other was co-opted onto the board of
Trustees for a period prior to being approved at our next AGM lJanuary 20221. Anolher potential
Truslee is being interviewed by the Chaimian on 1111121 as wt of our drive lo have a lull board of 7
Trustees.
The boord of T￿￿tee5 has met quarterty by V￿e0 link (due lo Covid eonlrol measures) in the18sI year.
The Sen￿r Management team {Managing Direclor, strateg￿ Business Devdopmenl Manager and the
Finance Manager) submit monthly reports to the Trustees and attend the quarterty Trustee meetings
lo answer queries. discuss and vote upon strategic decisions outside of the scope of everyday
operational decision making. Minutes of meetings are kept by the Company Secretary.
Al management rewrts are filed on central server and indude the followng informatK)n.'
Financial
HR I Wellbeing
Health and safely
Departmental performan
Operational Ltpdales
Project development
Grants and contracts

Crest Co•operative Ltd (charity)
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) (CMllnu•d)
Year ended 31 March 2021
Objectives and activitles
objeclNes of the Chanty are SpeCrf￿1IY restricted to the follwng..
al To advance educat￿n. training and volunteering particulady for people with disabilities or in need
by reason of their social or ecoTh)mi¢ Cir￿mstanCes.
bl The prevention or relief of povety by ￿ recyding I reuse and proVis￿n of furniture. clothes and
other household items to indivi(Juals in need andlor charities. or other organisalions working to prevent
or relieve povety.
cl The relief of Unem￿0yrnent for the benefit of the public in such ways as may be thought fit.
including assistance lo find ern￿OyMent.
dl To promote social inclusion for the benefrt by preventing people from becomiThJ socially
excluded, relieving the needs of those people who are xKialty exduded and assists.ng them to
integrate into society-
For the purpose of this dause 'socially excluded. means beiNJ excluded from soc*ty. or parts of
sociely, as a result of one or more of the followiro lactors." unemployment- financial hardship," youth or
old age. ill health (physical or mentall.. substance abuse or depende￿Y induding a1￿h01 and drugs.,
discrimination on the grounds of sex. race. disability. ethnic orwJin, religion, belief. creed, sexual
orientation or gender re-aSs￿nMenl- poor educational or skills attainment.. relationship and family
breakdown.. wor hwsing Ith21 is housing that does not meet basic habitable standards.. crime leilher
as a victim of crime or as an offender rehabililaling into sLX￿ty>. e) To promote such other charitsble
purposes as ItE trustees may from lime lo time detemiir*.

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (conlinuè•
Year ended 31 March 2021
Achi•vements and pérfomiance
Due lo the persIster￿e of the Covid pandern￿, 2021 commenced vilh a 3 month lockdown which,
once again, presented signrficanl challenge5 throughout our organisation.. furthermore. additional
challenges materialised later in the year affecting the whde economy. including ourselves. Despite
these issues. we continued lo explore opportunty when rt presented itself" as wrth 2020 we have
made S￿n￿lcant progress during 2021, furthering the strategy and objectives sel out in our governing
document.
Whilst we have mel all of our objeclNes in lesser degrees Ihal Fyevious years {dLFe lo reduced activity
as a result of Covid).. new opportunilies have malerialised in an environment continually changing as a
result of the pandemt. prompting the Senior Management Team to maintain focus on our core
objectives and our position wlhin an unsetued economie landscape.
During 2021, the following rKJtable outcomes were ach￿ved.
Furloughed staff continued lo receive wage top to 100¥0 up as the Govt. contribution reduced.-
Secured £463k from WG for the further development of the Happi-tat workshop concept", the grant
eovers both capital and revenue experKliture and enabled the acquisition of 3 Gloddaeth Si,
Llandudno.
Opened our third Community Reuse store on Wellinglon Rd, Rhyl-, also securing a
contract to let the upper ffloor to the Probation Service.
6 partKipanls recruited under the Govl.
subsidised Kick Start prograrnme.
Several grants were accessed to enable financial resilience and
continued growth post COVID - Post furfoughlrelurn to work plan5 developed in consuttalion with staff.
- An in-house team of wellbeing champions was trained I developed with supwrt from RCS following
our successful participation in a pilot Red Dol 365 business wdlbeing survey. Increased placements
in the SAP (Supported Abilitie5 Team
formerty Work Opps) and established partnerships with
Goggaelh School and Youth Service. - Secured an additional Probation serv￿ Community Payback
onlra¢t for 2021122. Esta￿1Shed the Crest food bank and Community Fridge scheme. - Enhanced
our training depl. ￿th Pathways, Kick Start and CP initiatives.
2021 was considerably tougher on our staff. particul*ly the effect of a 3 month Icddown during
January. February and March. Staff wellbeing remained a primary focus for the SMT as indicators of
diminished wellbeiTrJ began to materialise.. that said. the resilience. comrnitmenl and coileclNe 'can do,
attitude of the team during another lesling year musl be acknowledged.
Our updated business FAan Specffj￿a1IY outlines opportuntties. developments and objecb.ves for 2022.
whilst also conlribuling lo the delivery of our loro term vision and the charitable objects of the
organisation., 11 remains the Working template for our suslainaNe future beyond Covid. focusing on
consolidation of our core objectNes of education. training, votunleering. relief of unemployment.
prevenlionlrelief of poverty through reuse and social indusion by playing to our strengths, adhering to
our values, Setting realistic objeclives and, ultimately. delNering our mission.

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Trustees. Annual R•port (In¢orp¢xating the Directorfs Report) (¢*)rfi￿￿•￿)
Year ended 31 March 2021
Financial review
The company's IufMver has increased for the fourth consecutive year. increasing from £837,626 in
2020 up lo £957,407 for the year ending 31 March 2021. This represents an increase of 14%. The
total expenditure has increased by 8% from £816.982 in 2020 to £885,241 in 2021.
A5 a result, the company has achieved a surplus of £72.166 during year ending 31 March 2021.
compared lo £20.644 in the previous year. These results are very encouraging with il ￿Ing the
company's fwsl yeaf as a registered charty. eSpeC￿llY after such a ch￿lenging year due lo the covid
pandemic.
We expe¢t there lo be further changes to the tumover and direct costs fw the year ending 31 March
2022 as some of the trading activities are transferred over lo the Tr8￿Y incrffproaled subsidiary Crest
Trading Stores Ltd.
Small company provisions
This report has been prepared in accordarte with the provisions ap￿tsbIe lo companies enlilled lo
small companies exemption.
oli&l&i
The trustees, annual rek%NI was approved on .............................. and swJned on behaw of the board of
trustees by..
Mr M Thom
Trustee
on

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Chartered Accountant's Report to th• Board of Trustees on the Preparation of
the Unaudited Statutory Financial Statements of Crest Co-operative Ltd
(charity)
Year ended 31 March 2021
As described on the stslement of financial position. the trustees of the charity are responsible for the
preparation of the financial stslements for the year ended 31 Mareh 2021. which comprise the
slalemenl of financial activities {induding income and expenditure account). statement of financial
position and the related notes.
You consider that the charity is exempl from an audft under the Companies Act 20(￿.
In accordarKe with your instructions we have compiled these financial slalemenls in order to assist
you to fuKil your statutory responsibilrties. from the ?￿oUnting record5 and from infomation and
explanations supplied lo us.
JONES & GRAHAM ACCOUNTANTS
Chartered accountants
45 Vale Street
DENBIGH
Denbighshire
LL16 3AH

Crest Co-operative Ltd (charity)
Company Limited by Guarantse
Statement of Financial Activiti•s
(including income and expenditure account)
Year ended 31 March 2021
2021
Restricted
funds Total lunds Tolal funds
2020
un￿Stricted
funds
Not•
Incorno and endowmènts
Grants receivable
Trading activilies
Investment income
456,707
500.530
170
456.707
5Crf),530
170
153.183
683,797
Total Income
957.407
957.407
837.626
Exp•nditur•
Expenditure on raising funds:
Costs of other trading activitie$
Expenditure on charitsble activities
Other expenditure
Taxation
128,848
837.944
128,848
758.211
153.057
664,510
1708)
123
(79.734)
10
11
32
Total expenditure
966,824
(79,734)
887.091
816.982
Net Income and not movement In fvnds
(9.417)
79.734
70.316
20,644
Rewnciliation of funds
Total funds brought forward
Total funds Garried forward
308,230
308,230
287.586
298.813
79.734
378,547
308.229
The stslemenl of financia actNilies includes all gains and losses reLvJnise(l in the year.
All income an(J expenditure derive from conlinuing activilies.
The notes pag•s 10 to 20 fomi part ofth•M fin￿¢131 statements.

Crest Cowoperative Ltd (charity)
Company Limited by Guarantee
Statement of Financial Position
31 March 2021
2021
2020
Note
Fixed a$$•ts
Tangible fixed assets
15 1.325.699
898,605
Current ossets
Stocks
Debtors
Cash at bank and in hand
16
17
1S.732
216,788
376.418
16,454
145,495
395.833
608,938
557,782
Credltors: amounts falllng due tlthhin one y•ar
Net current assets
18
73,873
53.821
535,065
503,961
Total assets less curr•nt liabiliti•s
1,860,764
1,402,566
Crgditoys: amounts falling due after more than one year
Net a¥s•ts
19 1.482.218
1.094,336
378.546
308.230
Funds of ihe charity
Restricted funds
Unreslricled funds
79,734
298.813
308,229
Total Gharity funds
24
378.547
308,229
For the year ending 31 March 2021 the charity was entitled to exemption from audit under seclion 477
of the Companies Ad 2006 rdaling to small companies.
Directors. reswnsibililies=
The members have not required Ihe company to obtain an wdit of its financial statements for the
year in question in accordance wth section 476:
The directors acknowle(Jge their reskx¢nsibilil￿s for complying with the requirements of the Act
with respect lo accounting records and the preparatson of financial sialemenls.
These financial slalemenls have been prepared in accord¥Ke with the provisions aPpI￿able lo
companies subject lo the small eompani%' regime.
The statement of financial position
continues on the following page.
The notes on pages 10 to 20 forni part of these financial stat•ments.

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Statement of Flnancial Position (continu8dJ
31 March 2021
These financial statements were approved by the board of trustees and authorised for issue on
&ol..i..&.l.&.l.., and are signed on behalfofthe board by".
Miss W Wlliams
Company Secretary
The notss on pages 10 tr• 20 fo￿ part oftr*•se finaneial statements.

Crest Coryoperative Ltd (charity)
Company Limited by Guarantse
Notss to the Financial Statements
Year ended 31 March 2021
General inforniation
The charity is a puts1￿ benefit enlity and a prNate company limited by guarantee. ￿gIStered in
EnglarKI and Wales and a fegislered charity in ErwlarKJ and Waes. The address of the
registered office is Unit 2 Briertey House, Fery Fam Road. Llandudno Junction. Conwy. LL31
9SF.
S￿ement of compliance
These financial statements have been wepared in compliance with FRS 102. 'The Financ￿1
Reporting Standard applicable in the UK and the Republ￿ of Ireland,, the Slalement of
Recommended Practice applI￿ts1e lo charities preparing their accounts in accordance with Ihe
Financial Reporting Standard applicable in the UK and Repuljic of lTrland (FRS 1021 (Charities
SORP (FRS 1021) and the Companies Act 21KJ6
A¢￿untIng policiés
8asis of preparation
The financial statements have been prepared on the historical cost basis. as modrfied by the
revalualion of certain finanaal asseis and liabilities and ￿estment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the funCt￿nal currerty of the enbty.
Going concorn
There are no material Uncertaint￿ about the charity's ability lo continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management lo make judgements,
estimates and assumptions that affect the amounts repYJrted. These eslimales and judgements
are continually reviewed and are based on experience and olher factors, including expectalion5
of future events that are believed lo be reasonable under the circumstances.
Income lax
The taxation expense represents the aggregale am¢Junt of ￿rrent and deferred tax recognised in
the reporting period.
Current tax is recognised on taxable income or expenditure for the current and past periods.
Current lax is measured 8t the amounts of tax expected to pay or recover using the tax rates and
laws that have been enacted or substantively enacted al the rep￿tIng dale.
10

Crest Co-operative Ltd (charity)
Company Limlted by Guarante•
Notes to the Flnancial Statements (condnu•
Year ended 31 March 2021
Accounting pollcies {wthnwdJ
Fund a¢eounting
un￿StriCted funds are available for use at ￿ discretion of the trustees lo further any of the
harity's purposes.
Desonaled funds are unreslricled funds eamiarked by Ihe truslees for particular future project or
commitment.
Restricted funds are subjected lo ￿strictl0nS on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of Iwo sub-dasses_' restricted incom8 funds or
endowment fijnds.
Incomin9 rosourc•s
All incomirwJ resources are induded in the statement of financial activities when enlillement has
passed to the charity.. it is probable that the economic benefits assoC￿led with the transaclDn
will flow lo the charity and the amount can be retiably measured. The following speGrfic policies
are applied lo parkncular categories of income".
income from donations or grants is recognised when there 1$ evidence of entitlement lo the
grft. receipt is probable and 115 amount ean be measured reliably.
legacy incorne is recognised when receipt is wobable and entitlemenl is estsblished.
income from donated goods is measured at the fair value of the goods u￿e$S this is
impraclul lo measure reliabty. in which case the value is derNed from the cost lo the donor
or the estimated resale value. Donated facilities and services are recognised in Ihe
accounts when recetved rf the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts the supply of services is recognised with the delivery of the
contracted service. This is dassrfied as unrestr￿ed fijnds unles5 there is a contractual
requiremenl for il to be spent on a partthlar purpose and returned rf unspent. in which case
il may be regthed as restricled.
11

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Notes to the Financial Statements (¢Mimu•dJ
Year ended 31 March 2021
Accounting policies
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expend((ure includes any
VAT which cannot be fully recovered, and is dassffEd under headiThJs of the slalemenl of
financial activities to which it relales..
expenditure on raising funds irtiudes the costs of all fundraising aclNrties. events.
non-charitable IradirMJ activit￿, and the Sale of donale(I go￿1$.
expenditure on eharilable actNities indudes 211 costs incurred by a charity in undertaking
aclivilies that further ils charitable aims for the benefit of ils beneficiaries. including those
support costs and costs relats.ng lo the governance of ￿ charity aPpOrt￿ned to charitable
activities.
other expenditure includes all expenditure Ihal neither related to raising funds for the
charty nor part of its expendibJre on charitable attNit￿$.
AJI costs are allocated lo expeThJilure categories rdecling the use of the resource. Direct cos15
attributable to a single aclivrty a￿ allO￿ted direct￿ to that activity. Shared costs are apwtioned
between the activities they contribute to on a reasonable. justs"fiabte and consistent basis.
Tangible ass•ts
Tangible assets are initially recorded al cost, and subsequently stated at cosl less any
aecumulaled depreciation and impairment losses. Any tangible assets carried al revalued
amounts are recorded al the fair value at the dale of revaluation less any subsequent
accumulated deprecialion and subsequenl accumulaled impairment losses.
An increase in the carrying amount of an assel as a result of a revaluation. is recognised in other
recognised gains and losses. unless rt reverses a charge for impairment that has previously been
recognise¢Y as expenditure within the slalement of financial activities. A decrease in the carrying
amount of an assel as a result of revalualton. is recognised in other recognised gains and losses.
except lo which it offsets any previous revaluation gain. in which case the loss is shown within
other reCOgn￿ed gains and losses on the statement of financol actNibes.
12

Crest Co•operative Ltd (charity)
Company Llmlted by Guarantee
Notes to the Flnancial Statements (Con
Year ended 31 March 2021
Accounting policies
Dgpro¢iation
Depreciation is calculated so as lo write off the cost or valuation of an asset. less ils residual
value. over Ihe useful e￿n0m￿ lrfe of thal assel a5 follows..
Property and improvements
Long leasehold propety
Enterprise activities equip & fittings
Office F&F and c¢xnputer equtpmenl
Motor vehicles
4% slraighl line
4% straNJht line
25% straight lir
20% slraighl line
25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried oul at each rewrting dale, wrth the recoverable
amount being estimated where suth indicators exist. Where the carying value exceeds the
recoverable amount. Ihe asset is impaired a￿OrdinglY. Prior impairments are also reviewed for
possible reversal at each reporting dale.
For the purposes of impaimient testing. when it is not possible to estimate the recoverable
amount of an indNidual asset, an eslimate is made of the reCoVerat￿8 amount of the
a5h*enerating unil to whth the asset belongs.
Stocks
Stocks are measured at the l(nver of cost and estimated selling price less costs to complete and
sell. Cost indudes all costs of purchase. cosls of ConVers￿n and other costs incurred in bringing
the Stock lo ils present locats.on and condilion.
Finance leases and hir• purchase Contracts
Assets hdd under finance leases and hire purchase contracts are re￿gnISed in the slalemenl of
financial position as assets and liabilities al Ihe lower of the fair value of Ihe assets and the
present value of the minimum lease payments, wh￿h is determined al the inception of the lease
term. Any initial d¥ect costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance tharges and redU￿10n of the outstanding
lease liability using the effecltve interest method. Finance charges ￿e allocated lo each period
so as lo produce a constant rate of inleresl on the remaining balance of the liabilty.
Govemment grnnts
Government grants are recogniseil at the fair value of the asset recewed or receivable. Grants
are not recognised until there is reasonaNe assurance that charity will compty with the
ndilions attaching to Ihein and the ￿ants will be received.
13

Crest Co•operative Ltd (charity)
Company Limited by Guarantse
Notes to the Flnancial Stat•m•nts (¢001th4
Year ended 31 March 2021
Accountlng poll¢les leonth
Government gr•tS (¢•nlinu¢dJ
Where the grant does not impose specrfied future performance-rdated conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does imp05e specified future performance-rdated conditions on the recipient. il is
recognised in Ir￿ome only when performance4elaled conditions have been mel. Where
grants received are prior lo satisfying the revenue recognition crileria. they are recognised as a
Dellned contribution plans
Contributions lo defined contribution plans a￿ recc*3ni5ed as an expense in the period in Ythich
the related servu is provi¢Jed. Prepaid conlributions are recognised as an asset lo the extent
that the prepayrnent Y￿11 lead to a reduction in fulure payments or a cash refund.
When contributions are not expected lo be settled Whol￿ within 12 months of the end of the
reporting date in which the employees render the relaled service. the Ikgbility is measured on a
discounted present value basis. The unwinding of the dLscounl is recognised as an expense in
the period in which it wises.
Llmited by guarantee
Number of trsutees as at the Y￿ end was 4. The warranty liats'lity is restricted lo £1 per Irusiee.
The company keeps a register of trustees at its ￿lStered office and has been satisfactorily
maintained throughout current year. An extracl has been reprrKluced below of the overall
membefship movemenls'.-
Trustees brought forward
New trustees appointed
Trustees resigned
Trustees carried forward
The list of Iruslees carried fornyard as al 31.03.2021 is as follows'.-
Michael James Thompson
Laurence Jonathan Cox
Anna Katrina Burke
Kalre Michelle Baker
Granls receivable
Unrestricted Totsl Funds Unrestr￿ted Total Funds
Funds
2021
Funds
2020
Donations
Donations
14

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Notes to the Financial Ststements
Year ended 31 March 2021
Grant$ r•c¢ivable (COMinu8dl
Unrestricted Total Funds Unreslricled Total Funds
Funds
2021
Funds
2020
Grants
DenbighshKe Work Opportunities
HMRC Job Retention Scheme
Welsh Government ES Grant
Weee Fund Grant
Other grants
151.510
107,869
49.063
49.795
98.270
151.510
107,869
49,063
49.795
98.270
1 $2.S31
152.531
652
652
4&5.707
456,707
1S3.183
153.183
Trading activities
unreStr￿ted Total Funds Unfestitted Total Funds
Funds
2021
Funds
2020
Trading income
Collections
Fumilure paeks
Sales of donated items
Ragamuffins loys & clothes sales
Room rental
Probation service income
Training income
uther income
101.233
224.720
20.735
72.908
6.381
9.735
30.097
12.590
22.131
500,530
101.233
224,720
20.735
72.908
6,381
9.735
30.097
12.590
22,131
5CKI.530
195,642
261,455
13,543
103,548
20.334
6.561
22,962
15,346
44,406
683.797
195.642
261.455
13.543
103,548
20.334
6.561
22,962
15.346
44,406
683,797
Investment income
Unrestricted Total Funds Unreslricled Totsl Funds
Funds
2021
Funds
2020
Bank interest receNable
170
170
15

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Notes to the Financial Statements {c￿￿nu•￿)
Year ended 31 March 2021
Costs of othef tradlng actlvltles
Unreslricled Total Funds Unrestricted Tolal Funds
Funds
2021
Funds
2020
Llandudno Junclton Shop
Colvryn Bay Community Store
Rhyl Community St￿e
Ebay shop
63.166
60.696
4.￿9
63.166
60.696
4.969
17
62.602
90,455
62,602
.455
128.848
128.848
153,057
153.057
Exp•nditur• on charitablg activities by activty type
Activities
urKlertaken
direclly Support costs
Total funds
2021
Total fund
2020
Work Opportunities
Re-use Hub
Kerbside
Volunteers
Training
Pabo Lane. LlarKludno Junelion
Happi-Tal
GovernarKe costs
83,078
263,882
36.228
83,078
263.882
36.228
102,671
210.674
34.620
132
8,097
31.261
8.625
77.624
10.619
8.625
77,624
10,619
278155
278.155
277.055
480.056
278.155
758.211
664.510
10. Other expenditure
Unresirieted Total Funds Unrestricted Total Funds
Funds
2021
Funds
2020
L055 on disposal of tangible fixed
assets held for chartys own use
{708)
{708)
11. Taxation
Major cornpongnts of tax •xpgnse
2021
2020
Currenttsx:
UK ojrrent lax expense
Taxation
32
123
32
123
16

Crest co.operative Ltd (charity)
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2021
11. Taxation {conllnugdJ
R¢Gonciliation ol tax expens•
The tsx assessed on the income for the year is the same as (2020: the same as) the starKlard
fate of corporation 18x in the UK of 19%12020.. 19%).
2021
2020
Income before taxation
70.348
20.767
Income by rate crf tsx
32
123
12. Net inry)rne
Nel income is stsled after Chargin￿(creditIng}".
2021
2020
Depreciation of tangible fixed assets
Gains on disposal of tangible fixed assets
105.099
73,877
{708)
13. Staff costs
The lolal staff costs and employee beneffts for the feporbrwJ period are analysed as fdlows:
2021
2020
Wages and salaries
Employer contributions to pension plans
566,674
9,281
467,896
5.093
575,955
472,989
The average head count of employees during the yew was 33 (2020.. 28).
No em ￿0Yee receNed employee benefits of more than £60,(M)O during the year12020: Nill.
14. Trustw r•mun•ration and expgThs•s
No Temurwat￿n or other benefits from employment wth the charity or a related enlty were
received by ltr* Iruslees.
17

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Notes to the Financlal Statements fttintini*
Year ended 31 March 2021
15. Tangible fixfjd assets
Enlerprise Office F&F
activities
and
Freehold leasehold
fittings &
computer
property rKoperty containers equipment
Motor
vehicles
Total
Cost
Al 1 Apr 2020
Ad(Jilions
1.028.414
189.414
82.047
146,025
55,420
214.055 1.470,541
532,193
214.055 2.002,734
287,359
At 31 Mar 2021
1.217,828
287.359
82.047
201.445
Depreciatlo
Al 1 Apr 2020
Charge for the
year
At 31 MaT 2021
223,647
82,047
128.268
137.974
571.936
48,327
11.494
17.19)
28,088
10S,099
271,974
11.494
82,047
145.458
166,062
677,035
Carrying amount
At 31 Mar 2021
945.854
275.865
55,987
47.993 1,325,699
Al 31 Mar 2020
804.767
17,757
76.081
898,605
16. Stocks
2021
2020
Raw materials and consumables
15.732
16.454
17. Debtors
2021
2020
Trade debtors
Prepayments and accnjed iw)me
Other debtors
123,825
47,860
45,103
74,979
53.533
16.983
216.788
145,495
18

Crest C(￿Perative Ltd (charity)
Company Limited by Guarantee
Notes to the Financial SL1tements
Year ended 31 March 2021
18. Creditors: arnounts falling due within ong yoar
2021
2020
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Corporation tax
Obligations under finance leases and hire wrthase Contracts
Other credrtors
22
22,542
50,928
122
259
30.966
21.127
212
220
73.873
53.821
19. Crodltors: amounts falllng due after more than one year
2021
2020
Accruals and deferred ir￿orne
1.482,218
1.094,336
20. Finance leases and hlre purchase contracts
The lolal future minimum lease payments under ffinance leases and hire purchase contracts are
as follows..
2021
2020
Not later Ihan 1 year
{259}
(1,296)
21. Deferred income
2021
2020
Al 1 April 2020
1.520,729
1.111,595
22. Ponsions and oth•r post retirement benefits
Defingd contribution plans
The amount recognised in income or expeThJiture as an expense in relat￿n to defined
contribution plans was £9.281 (2020: £5.093).
23. Govemment grants
The amounts recognised in Ihe financial statements for government grants ¥e as follows..
2021
2020
Recognised in creditors..
Deferred govemment grants due after more than one year
1.482.218
1.094,336
19

Crest Co•operative Ltd (charity)
Company Limited by Guarantse
Notes to the Financial Stalements (c
Year ended 31 March 2021
24. Analysis of charltable funds
Unrestricted funds
Al
31 Malch 202
At
1 April 2020
Irwme Expenditure
General funds
308.230
957.407
1966,824}
298,813
At
31 March 202
Ai
1 April 2019
Inct)me ExpeThJiture
General funds
287,586
837.626
1816,9831
308,229
Restrlded funds
At
51 March 202
At
1 Aprd 2020
Incc*me Expenditure
Restricted Fund 1- dese in alcs
79.734
79,734
At
31 Marth 202
1 Aw'l 2019
Income Expenditure
Restricted Fund 1 - desc in alcs

Crest co.operative Ltd (charity)
Company Limited by Guarantee
Management Infomiation
Year ended 31 March 2021
The following pages do not forni part of the financial stalements.
21

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2021
2021
2020
Income and endowments
Grants re¢eivablo
Donations
Denbigh5hire Work Opportunities
HMRC Job Retention Scheme
Welsh Government ES Grant
Weee Fund Grant
Oiher grants
2¢))
151.510
107.869
49.063
49.795
98.270
152.531
652
456.707
153.183
Trading activltles
Trading income
Collections
Furniture packs
Sales of donated items
RagamLrffins toys & clothes sales
Roorn rental
Probation service ir￿orne
Training income
Other income
101.233
224.720
20.735
72.908
6,381
9,735
30.097
12,590
22,131
195,642
261.455
13.543
103,548
20,334
6,561
22,962
15,346
44,406
500,530
683,797
Investment income
Bank interest receivable
170
646
Totsl income
957.407
837.626

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2021
2021
2020
Expenditure
Costs of other trading activities
Opening stock
Purchases
Closing sl¢xk
Wages and salaries
Pension Costs
Rent
Rates and water
Light and heal
Repairs and maintenance
Other establishment
Motor vehicle expenses
Legal and professional fees
Other office costs
Bank charges and other similar charges
Stafflvolunleer travel and expenses
Staff welfare and other benefits
Staff training
Advertising and promOt￿)n
Subscriptions and memberships
Tipping and waste fees
Other cost of sales
Health and safety
Miscellaneous expenses
16.454
33.513
15.732
59.495
723
10.0
1.554
4.244
2.323
149
5,305
1.862
737
2,591
1.748
577
8,138
76.523
16,454
44.447
326
10.000
1.363
5,723
1,295
256
4.022
1,138
935
4.480
3,958
246
753
4,210
911
429
937
251
128.848
153.057
Expenditure on charitable activities
Opening stock
Purchases
Wages and salaries
Pension costs
Rent
Rates and water
Light and heat
Repairs and maintenan
Insurance
Other establishment
Motor vehicle expenses
Vehicle leasinglhire
Legal and professional fees
Telephone
559
9.670
507,179
8.558
39,000
3,501
18,859
11.639
10,944
1.008
26,752
13.296
11,393
6,495
16.376
423.449
4.767
39,034
5.845
9,943
3,545
12.124
1.078
33,895
18,597
11.495
4.822
Carried forward
668,853
584,970
23

Crest Co-operatlve Ltd (charity)
Company Limited by Guarantee
Detailed Statement of Financial Aclivities (eoniin
Year ended 31 March 2021
2021
2020
Brwghl lO￿ard
668.853
584.970
Other office costs
Amortisalion
Depr￿lation
Other interest payable and similar charges
Stsfflvolunleers travel and other expenses
Staff welfare
Staff training costs
Work opps allowance
Advertising and promotion
Subscriptions and memberships
Tipping and waste fees
Other cosl of sales
Hire of equipment
Bank charges and similar charges
Donations and sponsorship
Conference and event costs
Health and safety
Compuler & sofvare costs
UK Entertainment
Textile collections
Dylan's NHS Meals Costs
Miscellaneous Expenses
2.881
(94,226)
105.099
3,156
148,396)
73.877
5.418
6,126
3.888
1.845
2.929
3,959
6.508
7.196
3,930
1,385
1,030
{1,277
3.466
5,585
280
9.366
6,602
4.874
6.388
1.015
2.059
3.813
2,279
3.693
1.716
504
1.210
5,367
103
354
20.837
2,494
1,526
758.211
664,510
Other expenditurg
Loss on disposal of tangible fixed assets held for charl￿5 own use
(708}
Taxatlon
Current laxalion chargelcredit
32
123
Total oxpenditure
887.091
816.982
Income
70,316
20.644
24

Crest co.operative Ltd (charity)
Company Limited by Guarantee
Notes to the Detsiled Statement of Financial Activities
Year ended 31 March 2021
2021
2020
Costs of other tradlng activlties
Llandudno Junction Shop
Opening stock
Purchases
Closing stock
Wages and salaries
Pension ￿$tS
Repairs & maintenance
Other establishment costs
Motor vehicle expenses
Legal and professional fees
Other office costs
8ank charges and other similar charges
Stafflvolunteer travel and expenses
Staff weKare and other benefits
Staff training
Advertisiv¥J and promotion
Subscripttons and memberships
Oiher cost of sales
Heallh and safety
Miscellaneous expenses
9,053
31.498
110,923)
22,008
2,593
40,363
{9,0531
17.751
156
282
81
1,979
569
433
2,481
2.122
137
1.774
119
3,115
1,126
1.760
1.597
424
293
513
2.105
355
213
29
112
20
35
63,166
62.602
Colwyn Bay Communlty Store
Opening stock
Purchases and consumables
Closing stock
Wages and sal&ies
Pension costs
Rent
Rates & water
Lighl & heal
Repairs & maintenance
7.401
2,015
14.8091
33.132
563
10,000
1.554
4,067
210
5,545
36,160
{7.4011
26.696
170
10,000
1.363
5,723
1.013
Carried forward
$4.133
79.269
25

Crest Co-operative Ltd (charity)
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities {c¢rtlN￿j
Year •nded 31 March 2021
2021
2020
Brought forward
54.133
79.269
Other establTshmenl
otor vehicle expenses
Legal and professK)nal fees
Other office costs
Bank charges and olher similar Charges
Slafflvolunleer travel and expenses
Staff welfare and olher benefils
Staff training
Advertising and promotion
Sub5cription5 and memberships
Tipping and waste fees
Other cost of sales
Health and safely
Miscellaneous exPer￿e$
30
2,190
736
249
831
151
106
143
240
175
2.043
569
502
1,999
1.836
109
2.105
556
860
216
916
917
216
60.696
90,455
Rhyl Community Storn
Wages and salaries
Light & heal
Repairs & maintertance
Staff weffare
Tipping and waste fees
4,355
177
322
47
4,969
Ebay shop
repairs & maintenance
17
Costs of olher tradlng xtlvitles
128,848
153,057
26

Crest Cowoperative Ltd (charity)
Company Llmlted by Guarantee
Notes to the Detailed Statement of Flnancial Activlties (conth
Year ended 31 March 2021
2021
2020
Expendlture on charitable actlvllles
Work Opportunitles
Activitles undertaken direc¢ty
Purchases
Wages and salaries
Pension costs
Repairs & mainlenan¢g
Motor vehicle expenses
Vehicle leasing
Legal and professional fees
Other office costs
Stafflvolunleers travel aThJ expenses
Staff welfare
Staff training costs
Work opps allowance
Advertising and promolion
Other Cost of sales
2.066
77.837
703
14
6,802
4.112
394
116
3.187
815
70
6.255
3W
64.605
1,065
1,688
2,359
8.225
99
43
2.119
317
90
1.845
623
83,078
102,671
Rfruso Hub
Activities undertaken direcdy
Purchases
Wages and salaries
Pension costs
Repairs & fflainlen8nce
Other establishment costs
Motor vehicle expenses
Vehicle leasing
Legal and Profession81 fees
Other office costs
Other interest payable and similar charges
Siafflvolunleers travel and expenses
Staff welfare and other benefits
staff training
Work opps allowance
Advertising and promotion
Subscriptions and memberships
Tipping and waste fees
Other cost of sales
Hire of equipment
Health and safety
Dylan's NHS meals costs
Miscellaneous expenses
5,994
1g9,386
3,354
3.645
438
14.967
9,767
160,916
1,778
446
15,922
9,414
3.254
435
2.230
459
958
2,294
906
2.823
959
113
554
1.500
1.894
2.937
977
412
20,837
135
185
1.115
2.279
376
45
Carried forward
263,882
210.674
27

Crest Co•operative Ltd (charity)
Company Limited by Guarantee
Notes to the Detslled Ststement of Financlal Activities (wrtiryKdJ
Year ended 31 March 2021
2021
2020
8roughl fO￿ard
263.882
210.674
263.882
210.674
Kerbside
Activities undertaken dir•cdy
Purchases of textile bags
Wages and salwies
Pension costs
Repairs & maintenance
Oiher eslablishmenl cosls
Motor vehicle expenses
Vehicle leasing
Slafflvolunleers travel and expenses
Slaff welfare and olher benefits
Hire of eqvipmenl
Textile collections
Miscellaneous expenses
3.676
22,850
345
518
4.543
18.328
157
157
3,624
5,071
5.325
5.071
197
394
354
22
10
36,228
34,620
Volunteers
Activities undertaken di￿¢ty
Stafflvolunleers travel and expense5
Training
Activities undertaken directly
Wages and salaries
Repairs & rnainlenance
Other eslablishrnenl costs
Stsff training costs
other cosl of sales
132
7.872
17
225
1,530
8,625
8.097
Pabo Lane. Llandudno Jundion
Activitles undertaken directly
Opening stock
Rates & water
Light & heal
Repairs & maintenance
Other establishmenl costs
Other office eo$ts
Depreciation
Other inlefesl payable and similar charges
Stafflvolunleers travel afftl expenses
Stsff welfare
559
1.391
9.081
2,207
42
191
61.838
2,054
412
266
28.236
31
12
233
Carried forward
75.SS4
30,999
28

Crest Co•operative Ltd (charity)
Company Limited by Guarantee
Notes to the Detailed Statement of Financial ActivitFes
Year ended 31 March 2021
2021
2020
Brought foThvard
75,554
30.999
Subscriptions and memberships
Tipping and waste fees
Health and safety
MisGellaneous expen5e5
292
1.078
165
535
77,624
31.261
Happi-Tat
Activities undertaken dirncfty
Wages and salaries
Direct charitable activity 9- pension costs
Repairs & maintenance
SlaffNolunleers travel and expenses
Staff welfare and benefits
Other cost of sales
7.940
158
72
213
2.106
10.619
Govgrnance costs
Wages and salaries
Pension costs
Renl
Rale5 & water
Light & heal
Repairs & maintenance
Insurance
Other establishmenl cosls
Motor vehicle expenses
Aecountaney fees
Lèoal and other professional fees
Telephone
Other office costs
Amortisalion of government grants
Depreciatson
Stafflvolunleers travel and expense5
Staff welfaie and benefits
Staff training
Staff welfare and other benefits
Advertising and subscriptions
Subscriptions an¢Y memberships
Tipping and waste fees
Hire of equipment
Bank charges and similar charges
Donations and sponsorship
Conference and events costs
205.432
3,636
39.000
2.110
9.778
3,451
10,944
511
5,802
8,096
158.496
2.129
39.034
3.791
9,531
2.264
12.124
628
5.846
7.497
350
4.822
2,605
{48,396}
45.641
3.027
4.434
4.579
20
715
1.666
2,698
3,249
1.716
504
1,210
6.495
2,188
(94.226)
43,261
1,982
3.152
2,838
2.375
2.167
3,536
2.953
1.385
1.030
(1.2771
Carried fomard
267.587
270.180

Crest Cowoperalive Ltd (charity)
Company Limlted by Guarantee
Notes to the Detailed Statement of Financial Activities (c
Year ended 31 March 2021
2021
2020
Brought fc¥ward
267.587
270.180
Health and safety
Computer & soffvlare costs
UK Entertainment
Miscellaneous expenses
2.889
5.585
5,367
103
1,405
1.814
278,155
277,055
Expendlture on Gharitabl• a¢tiviti•s
758.211
664.510
30