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2021-03-31-accounts

31.3.21 31.3.20
Unrestricted Restricted Endowment Total Total
fund funds fund funds funds
Notes 6
INCOME AND
ENDOWMENTS FROM
Donanons
and		 legacies 166,229 166,229 84,233
Charitable
activities
Families First 152,045 152,045 149,132
Family centres 283,488 283,488 370,134
Flying Start 140,704 140,704 123,263
Other projects 115,201 115,201 139,607
Other 45,558 45,558 51,513
Other trading activities 435 435 7,688
Investment
income		 3,071 1,085 4,156 6,397
Total 3,071 904,745 907,816 931,967
EXPENDITURE ON
Raising funds 391 19,663 20,054 27,527
Charitable
activities
Families First 175 228,884 229,059 189,662
Family centres 94 320,000 320,094 389,909
Flying Start 213 141,254 141,467 147,568
Other projects 147 177,079 177,226 174,074
Other 2,892 338 3,230 3,751
Total 3,912 887,218 891,130 932,491
NET
INCOME/(EXPENDITURE) (841) 17,527 16,686 (524)
Other recognised gains/(losses)
Gains/(losses) on revaluation of
fixed assets 27,386 3,998 31,384 (8,758)
Net movement in funds (841) 44,913 3,998 48,070 (9,282)
RECONCILIATION OF
FUNDS
Total funds brought forward 115,328 573,525 16,086 704,939 714,221
TOTAL FUNDS CARRIED
FORWARD 114,487 618,438 20,084 753,009 704,939
The notes form part ofthese financial statements

31.3.21 31.3.20
Unrestricted Restricted Endowment Total Total
fund funds fund funds funds
Notes
FIXEDASSETS
Tangible assets 13 40,973 177,505 218,478 237,874
Investments 14 60,000 268,093 20,084 348,177 316,793
100,973 445,598 20,084 566,655 554,667
CURRENT ASSETS
Stocks 15 603 603 980
Debtors 16 687 58,179 58,866 80,671
Cash at bank and in hand 13,068 206,704 219,772 143,907
13,755 265,486 279,241 225,558
CREDITORS
Amounts
falling due within		 one
year 17 (240) (92,647) (92,887) (75,286)
NET CURRENT ASSETS ~]3515 172,839 186,354 150 272
TOTAL ASSETSLESS
CURRENT LIABILITIES 114,488 618,437 20,084 753,009 704,939
NET ASSETS 114,488 618,437 20,084 ~753 009 704,939
FUNDS 18
Unrestricted
funds		 114,488 115,328
Restricted funds
Endowment
funds		 618,437
20,084		 573,525
~16086
TOTALFUNDS 753,009 704,939

31.3.21 31.3.20
Notes 8
Cash flows from operating activities
Cash generated
from operations		 I 82,141 (24,511)
Net cash provided
by/(used		 in) operating activities 82,141 (24,511)
Cash flows from investing activities
Purchase oftangible
fixed assets		 (10,432) (99,255)
Sale offixed asset investments 99,473
Interest received 1,479 2,829
Dividends
received		 2,677 3,568
Net cash (used in)/provided by investing activities (6,276) 6,615
Change in cash and cash equivalents in
the reporting
period		 75,865 (17,896)
Cash and cash equivalents at the
beginning
ofthe reporting		 period 143,907 161,803
Cash and cash equivalents at the end of
the reporting
period		 219,772 143,907

RECONCILIATION
OFNET INCOME/(EXPENDITURE)		 TO NET CASH FLOW FROM
OPERATING ACTIVITIES
OPERATING AC TIVITI ES
31.3.21 31.3.20
f
Net income/(expenditure) for the reporting period (asper the
Statement ofFinancial Activities) 16,686 (524)
Adjustments
for:
Depreciation
charges		 9,466 6,770
Interest received (1,479) (2,829)
Dividends
received		 (2,677) (3,568)
Freehold property
Decrease in stocks		 impairment 20,361
377		 546
Decrease/(increase)
Increase/(decrease)		 in debtors
in creditors		 21,805
17,602		 (15,138)
~9,768)
Net cash provided by/(used in) operations 82,141 ~24,511)
ANALYSIS OFCHANGES IN NET FUND S
At 1.4.20 Cash flow At 31.3.21
Net cash
Cash at bank and in hand 143,907 75,865 219,772
143,907 75,865 219,772
Total 143,907 75,865 219,772

DONATIONS AND LEGACIES
31.3.21 31.3.20
Donations 14,934 20,799
Grants 151,295 63,434
166,229 84,233

Grants received, include d
in the above,		 are as follows:
31.3.21 31.3.20
StDavids Diocese 52,626 46,134
Pembroke Dock Hub 300
Garfield Weston Foundation 6,500 15,000
Williams Brownhill
CIO		 2,501
Mothers' Union 2,000 2,000
Tesco Groundwork
UK		 500
Pembrokeshire
County		 Council 10,000
Moondance
Foundation		 20,000
Cleddau
Community
Collaboration		 3,720
AllChurches
Trust Limited		 8,500
WCVA Voluntary
Services Emergency		 Fund 12,280
Comic Relief VSEF grant 2,248
HMRC Job Rentention scheme 17,053
Oakdale Trust 500
WCVA Voluntary
Services Recovery		 Fund 12,867
151,295 63,434
3. OTHER TRADING ACTIVITIES
31.3.21 31.3.20
f
Shop income 4,165
Sale ofchristmas
cards		 435 3,347
Shop recycling 176
435 7,688
4. INVESTMENT INCOME
31.3.21 31.3.20
Other fixed asset investments 2,677 3,568
Deposit account interest 75 242
Interest 1,404 2,587
4,156 6,397

INCOME FROM CHA RITA BLE ACTIVITIES
31.3.21 31.3.20
Activity
Carmarthenshire
Families
First Families First 102,005 81,964
Ceredigion Families First Families First 50,040 67,168
Family Centre salaries
recharge Family centres 276,919 363,597
Family centre other recharges Family centres 6,569 6,537
Carmarthen
Flying		 Start Flying Start 115,571 114,921
Ceredigion
Flying Start		 Flying Start 25,133 8,342
Grants Other projects 115,201 139,607
Consultancy Other 44,964 51,066
Other income Other 594 447
736,996 833,649
Grants received, included in the above, are as follows:
31.3.21 31.3.20
f
Big Lottery Fund
Masonic Charitable		 Foundation 76,758
12,305		 81,578
26,370
People's Postcode Lottery 10,050
Dr Dewi Davies 5,000
Williams
Brownhill		 CIO 1,999
G&M Davies 2,500
West Wales in Kind - Investment
Fund		 21,073 1,853
South Hook LNG Community Fund 65 2,521
National
Lottery Awards		 for All 9,668
Valero 254
Bluestone Community
Foundation		 814
Tesco Groundwork UK 2,000
115,201 139,607

RAISING FUNDS RAISING FUNDS
RAISING DONATIONS AND LEGACIES
31.3.21 31.3.20
Staffcosts 562 4,174
Rates and water (684) 1,189
Insurance 1,003 1,066
Light and heat 54 2,070
Telephone 330
Sundries 48
Other shop costs 1,270
Other fundraising costs 739
Depreciation 4,787 3,834
Supportcosts 13,577 11,910
19,677 26,252
OTHER TRADING ACTIVITIES
31.3.21 31.3.20
f
Purchases 377 1,275
Aggregate
amounts		 20,054 27,527
The charity shop closed for refurbishment in April 2019.
7. CHARITABLE ACTIVITIES COSTS
CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
Direct (see note costs (see
Costs 8) note 9) Totals
Families First 97,587 78,767 52,705 229,059
Family centres 292,935 27,159 320,094
Flying Start 44,084 50,307 47,076 141,467
Other projects 133,451 43,775 177,226
Other 1,544 1,686 3,230
569,601 129,074 172,401 871,076

31.3.21 31.3.20
f f
Families First 78,767 44,739
Flying Start 50,307 43,028
Other projects 5,970
129,074 93,737
The total grants paid to institutions during the year was as follows:
31.3.21 31.3.20
Outgoing grants 129,074 93,737

SUPPORT COS TS
Governance
Management costs Totals
f.
Raising donations and legacies 13,163 414 13,577
Families First 51,159 1,546 52,705
Family centres 26,331 828 27,159
Flying Start 45,641 1,435 47,076
Other projects
Other		 42,478
1,446		 1,297
240		 43,775
1,686
180,218 5,760 185,978

STAF F COSTS
31.3.21 31.3.20
Wages and salaries 576,711 657,529
Social security costs 37,507 41,128
Other pension costs 10,574 11,612
624,792 710,269
March 2021,
f87,795).
The average		 the total employee
benefits ofthe key m
monthly
number ofemployees
during the		 anagement
personnel
ofthe Council were
year was as follows:		 f86,485 (20
31.3.21 31.3.20
Management and support 3 3
Project workers 37 43
40 46

Unrestricted Restricted Endowment Total
fund funds fund fundsf
INCOME AND ENDOWMENTS FROM
Donations
and		 legacies 84,233 84,233
Charitable
activities
Families First 149,132 149,132
Family centres 370,134 370,134
Flying Start 123,263 123,263
Other projects
Other		 139,607
51,513		 139,607
51,513
Other trading activities 7,688 7,688
Investment
income		 4,217 2,180 6,397
Total 4,217 927,750 931,967
EXPENDITURE ON
Raising funds 27,527 27,527
Charitable
activities
Families First 189,662 189,662
Family centres 389,909 389,909

12. COMPARATIVKS FOR THK STATEMENT COMPARATIVKS FOR THK STATEMENT COMPARATIVKS FOR THK STATEMENT COMPARATIVKS FOR THK STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted Restricted Endowment Total
fund funds fund funds
f f,
Flying Start 147,568 147,568
Other projects 174,074 174,074
Other 3,751 3,751
Total 3,751 928,740 932,491
NKT INCOME/(EXPENDITURE) 466 (990) (524)
Other recognised
gains/(losses)
Gains/(losses)
on revaluation
offixed assets		 (7,643) (1,115) ~8,758)
Net movement
in		 funds 466 (8,633) (1,115) (9,282)
RECONCILIATION OF FUNDS
Total funds brought forward 114,862 582,158 17,201 714,221
TOTAL FUNDS CARRIED FORWARD 115,328 573,525 16,086 704,939
13. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property
f		 fittings
f.		 equipment Totals
COST
At 1 April 2020 277,748 34,700 71,324 383,772
Additions 2,240 1,840 6,352 10,432
Impairments ~20,362) (20,362)
At 31 March 2021 259,626 36,540 77,676 373,842
DEPRECIATION
At 1 April 2020 50,179 27,438 68,281 145,898
Charge for year 5,889 1,623 1,954 9,466
At 31March 2021 56,068 29,061 70,235 155,364
NET BOOK VALUE
At 31 March 2021 203,558 7,479 7,441 218,478
At 31 March 2020 227,569 7,262 3,043 237,874

Listed Unlisted
investments investments Totals
MARKET VALUE
At 1 April 2020 126,266 190,527 316,793
Revaluations 31,384 31,384
At 31 March 2021 157,650 190,527 348,177
NET BOOK VALUE
At 31March 2021 157,650 190,527 348,177
At 31March 2020 126,266 190,527 316,793
There were no investment assets outside the UK.
Cost or valuation
at		 31 March 2021 is represented by:
Listed Unlisted
investments investments Totals
Valuation
in 2021		 157,650 190,527 348,177
All fixed asset investments are held within the United Kingdom and are held to provide
an investment		 return.
Listed investments are managed
by the Representative		 Body of the Church ofWales.

15. STOCKS
31.3.21 31.3.20
Finished goods 603 980
16. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
f f.
Other debtors 51,397 71,359
Accrued income 687 881
Prepayments 6,782 8,431
58,866 80,671

31.3.21 31.3.20
Other creditors 15,111 17,154
Accrued expenses 6,481 6,722
Deferred income 71,295 51,410
92,887 75,286
18. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.20 in funds funds 31.3.21
I
Unrestricted
funds
General
fund		 115,328 (840) 114,488
Restricted funds
Plant Dewi Fund 461,082 (55,001) 34,644 440,725
Rev. Henry Morgan Trust 110,180 27,386 137,566
Ceredigion
SLA		 4,175 (4,175)
Carmarthenshire
SLA		 12,086 (12,086)
Big Lottery Fund - Young Parents 263 10,182 (8,983) 1,462
Masonic Charitable Foundation 1,361 (1,361)
Dr Dewi Davies 3,391 (788) 2,603
West Wales in Kind 3,437 (3,43'7)
Baby Bundle 2,000 2,736 4,736
Cymgors
Families Together		 11,232 (79) 11,153
Cleddau
Community		 —Dad's project 1,720 1,720
Cleddau
Community		 2,000 2,000
Comic Relief VSEF funding 1,848 (1,840) 8
WVCA Baby Bundle 9,859 (1,895) 7,964
All Churches 8,500 8,500
573,525 44,912 618,437
Endowment
funds
Rev. Henry Morgan Trust 16,086 3,998 20,084
TOTAL FUNDS 704,939 48,070 753,009

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General
fund		 3,071 (3,911) (840)
Restricted funds
Plant Dewi Fund 463,262 (518,263) (55,001)
Rev. Henry Morgan Trust 27,386 27,386
Ceredigion
SLA		 75,173 (70,998) 4,175
Carmarthenshire
SLA		 172,869 (160,783) 12,086
South Hook 65 (65)
BigLottery Fund - Young Parents 76,781 (66,599) 10,182
Masonic Charitable Foundation 12,304 (10,943) 1,361
Williams
Brownhill		 2,502 (2,502)
Dr Dewi Davies 5,002 (1,611) 3,391
West Wales in Kind 21,073 (17,636) 3,437
Baby Bundle 3,735 (999) 2,736
Cymgors Families Together 11,864 (632) 11,232
Moondance 19,999 (19,999)
Cleddau Community -Dad's project 1,720 1,720
Cleddau Community 2,000 2,000
Comic Relief VSEF funding 2,248 (400) 1,848
Tesco Groundwork UK 500 (500)
WVCA Baby Bundle 25,148 (15,289) 9,859
All Churches 8,500 8,500
904,745 (887,219) 27,386 44,912
Endowment
funds
Rev. Henry Morgan Trust 3,998 3,998
TOTALFUNDS 907,816 (891,130) 31,384 48,070

Comparative s
for		 movement
in funds
Net Transfers
movement between At
At 1.4.19 in funds funds 31.3.20
f,
Unrestricted funds
General fund 114,862 466 115,328
Restricted funds
Plant Dewi Fund 456,252 (31,838) 36,668 461,082
Rev. Henry Morgan Trust 117,823 (7,643) 110,180
Redundancy provision 8,083 (8,083)
Ceredigion Young Parents 3,020 (3,020)
Ceredigion SLA 4,707 (4,707)
Carmarthenshire
SLA		 7,748 (7,748)
Big Lottery Fund - Young Parents 9,304 (9,041) 263
Masonic Charitable Foundation 2,917 (2,917)
Awards for All 696 (696)
West Wales in Kind 456 (456)
Baby Bundle 2,000 2,000
582,158 (8,633) 573,525
Endowment funds
Rev. Henry Morgan Trust 17,201 (1,115) 16,086
TOTAL FUNDS 714,221 (9,282) 704,939

Management
charge Fixed asset Overspends Total
Ceredigion SLA 3,770 405 4,175
Carmarthenshire SLA 11,631 585 (130) 12,086
BigLottery Fund - Young Parents 8.983 8,983
Masonic Charitable Foundation 1,368 (7) 1,361
West Wales in Kind 2,278 1,159 3,437
WCVA Baby bundle 1,895 1,895
Bishop 79 79
Dr Davies 788 788
Comic Relief VSEF 1,840 1,840
30.7704 4,372 268 34,644