2021-03-31-accounts - Brighter Futures

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				Page
Report ofthe	Trustees		1	to	6
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet
Notes to the	Financial Statements		10	to	16
Detailed Statement of Financial Activities			17	to	18

		f	or the year e	nded 31 March	2021
						2021	2020
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes		F	F
INCOME AND ENDOWMENTS		FROM
Donations and legacies				1,648		1,648	7,190
Charitable activities
Costs ofgenerating voluntary	income			97,750	63,144	160,894	17,005
Investment income							6,000
Total				99,398	63,144	162,542	30,195
EXPENDITURE ON
Raising funds				7,468	3,668	11,136	983
Charitable activities
Costs ofgenerating voluntary	income			23,465	27,401	50,866	32,650
Other				5,000		5,000
Total				35,933	31,069	67,002	33,633
NET INCOME/(EXPENDITURE)				63,465	32,075	95,540	(3,438)
Transfers between funds			10	(810)	810
Net movement in funds				62,655	32,885	95,540	(3,438)
RECONCILIATION OF FUNDS
Total funds brought forward				4,516		4,516	7,954
TOTAL FUNDS CARRIED FORWARD				67,171	32,885	100,056	4,516

		Brighter Futures	Brighter Futures
		Balance Sheet
		31	Nlarch 2021
					2021	2020
			Unrestricted	Restricted	Total	Total
		Notes	fundf	funds f	funds f	fundsf
FIXEDASSETS
Tangible assets			68,282	9,470	77,752	52,137
CURRENT' ASSETS
Debtors						4
Cash at bank and	in hand		6,287	23,414	29,701	12,612
			6,287	23,414	29,701	12,616
CREDITORS
Amounts falling due within one year			(7,397)		(7,397)	(60,237)
NET CURRENT ASSETS			(1,110)	23,414	22,304	(47,621)
TOTAL ASSETS	LESSCURRENT LIABILITIES		67,172	32,884	100,056	4,516
NET ASSETS			67,172	32,884	100,056	4,516
FUNDS		10
Unrestricted funds					67,172	4,516
Restricted funds					32,884
TOTAL FUNDS					100,056	4,516

2021	2020
P	E
11,136	983

3Trustees.	, y	, y	, y	g	p
COMPARATIVES FOR THE	STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
					F
INCOME AND ENDOWMENTS		FROM
Donations and legacies			7,190		7,190
Charitable activities
Costs ofgenerating voluntary	income			17,005	17,005
Investment income			6,000		6,000
Total			13,190	17,005	30,195
EXPENDITURE ON
Raising funds			749	234	983
Charitable activities
Costs ofgenerating voluntary	income		15,879	16,771	32,650
Total			16,628	17,005	33,633
NET INCOME/(EXPENDITURE)			(3,438)		(3,438)
RECONCILIATION OF FUNDS
Total funds brought forward			7,954		7,954
TOTAL FUNDS CARRIED FORWARD			4,516		4,516

8.		DEBTORS:A		M	OUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
										2021	2020
										F	F
		Other debtors									4
9.		CREDITORS:	AMOUNTS				FALLING DUE WITHIN	ONE YEAR
										2021	2020
										E
		Bank loans and			overdrafts		(see note 10)			5,000
		Taxation and social security								325
		Other creditors								2,072	60,237
										7,397	60,237
10.		LOANS
		An analysis of	the maturity				ofloans is given below:
										2021	2020
											F
		Amounts falling		due within			one year on demand:
		Bank loans								5,000
11.	.	MOVEMENT IN FUNDS
									Net	Transfers
									movement	between	At
								At 1/4/20	in funds	funds	31/3/21
									F
		Unrestricted funds
		General fund						4,516	63,466	(810)	67,172
		Restricted funds
		Steve Morgan	Foundation						8,067		8,067
		Gwynt y Mor Fund							3,381		3,381
		Waterloo Foundation							2,545		2,545
		Comic Relief							9,500		9,500
		Moondance							4,745		4,745
		Community Foundation				in Wales			3,026		3,026
		Rhyl Community			Partnership				920		920
		Princes Charity		Community			Action		(506)	506
		WCVA							396	304	700
									32,074	810	32,884
		TOTAL FUNDS						4,516	95,540		100,056

Comparative	net movement in funds, included	in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
			F	F
Unrestricted	funds
General fund		13,190	(16,628)	(3,438)
Restricted funds
Steve Morgan	Foundation	11,700	(11,700)
Gwynt y Mor	Fund	850	(850)
Waterloo Foundation		4,455	(4,455)
		17,005	(17,005)
TOTAL FUNDS		30,195	(33,633)	(3,438)

as follows:		p y		,
			Incoming	Resources	Movement
			resources	expended	in funds
			E
Unrestricted funds
General fund			112,588	(52,560)	60,028
Restricted funds
Steve Morgan Foundation			30,731	(22,664)	8,067
Gwynt y Mor Fund			4,299	(918)	3,381
Waterloo Foundation			7,000	(4,455)	2,545
Comic Relief			9,500		9,500
Moondance			5,600	(855)	4,745
Community Foundation	in Wales		3,900	(874)	3,026
Rhyl Community Partnership			920		920
Princes Charity Community		Action	4,350	(4,856)	(506)
WCVA			13,849	(13,453)	396
			80,149	(48,075)	32,074
TOTAL FUNDS			192,737	(100,635)	92,102
CAPITAL COMMITMENTS
				2021	2020
				E	E
Contracted but not provided		for in the financial statements		160,000

	Detailed Statement of for the year ended	Financial Activities 31 March 2021
		2021	2020
		P
INCOME AND ENDOWMENTS
Donations and	legacies
Donations			75
Project fees		1,648	7,115
		1,648	7,190
Investment income
Rents received			6,000
Charitable activities
Grants		160,894	17,005
Total incoming	resources	162,542	30,195
EXPENDITURE
Charitable activities
Wages		26,122	21,929
Social security		360
Pensions		318	353
Rates and water		226	71
Insurance		389	390
Light and heat		1,015	1,029
Telephone		405	82
Postage and stationery		988	359
Sundries		2,100	279
Rent		5,200	5,200
Licences and subscriptions		241	216
Training		4,888	46
Membership costs		455	936
Travelling and subsistence		1,707	869
Computer and IT	costs	465	43
Cleaning and waste disposal		3,058	848
Allotment costs		1,263
Motor expenses		698
Event expenditure		968
		50,866	32,650
Other
Donations		5,000
Support costs
Management
Plant and machinery		36	6
Fixtures and fittings		132	26
Motor vehicles		157
Computer equipment		810
		1,135	43
Information technology
Repairs and renewals		7,015	940
Governance costs
Accountancy and legal fees		1,990
Carried forward		1,990