2021-03-31-accounts - St. David's Children Society

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		Page
Trustees' Report	1	to	3
Report ofthe Independent Auditors	4	to	5
Statemcat ofFiaancial Activities
Balance Sheet	7	to	8
Cash Flow Statement
Notes to the Financial Statements	10	to	18
Detailed Statement ofFinancial Acbvides	19	to	20

FOR THK Y	EAR ENDED 31STMARC	H 2021
		2021	2020
		Vnrestricted	Total
		fund	funds
	Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies		12,743	5,040
Other trading activities		1,353,518	1,168,716
Investment income		546	1,214
Other income		649,091	523,961
Total		2,015,898	1,698,931
EXPENDITURE ON
Raising funds		9,590	8,050
Charitable activities
Direct charitable activities		1,694,919	1,559,575
Governance Costs		4,640	4,640
Total		1,709,149	1,572,265
NET INCOME		306,749	126,666
RECONCILIATION OFFUNDS
Total funds brought forward		1,070,967	944301
TOTAL FUNDS CARRIED FORWARD		1,377,716	1,070,967

	BALANCE SHEET 31STMARCH 2021
		2021	2020
		Unrestricted	Total
		fimd	funds
	Notes	I
FIXEDASSETS
Intangible assets	13	11,575	9@70
Tangible asmts	14	2,147	6,347
		13,722	15,717
CURRENT ASSETS
Debtors	15	437,056	448,431
Cash at bank and in hand		1~8,742	849,516
		1,665,798	1/97,947
CREDITORS
Amounts falling due within one year	16	(301,804)	(242,697)
NET CURRENT ASSETS		1,363,994	1,055,250
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,377,716	1,070,967
NET ASSETS		1,377,716	1,070,967
FUNDS	18
Unrestricted funds:
General fund		1377716	1070967
TOTAL FUNDS		1377,716	1,070,967

			CASH FIOW STATEMENT	CASH FIOW STATEMENT
		FORTHE YEAR ENDED 31STMARCH 2021
				2021	2020
			Notes	f.
Cash fiows from operating	activities
Cash generated from operations			21	386,275	212486
Net cash pmvided by operating		activities		386,275	212,286
Cash tlows from invesbng	activities
Purchase ofintangible fixed	assets			(7,595)	(1,200)
Interest received					1314
Net cash (used in)/provided	by	investing	activities	(7,049)	14
Change ia cash and cash equivalents			in
the reporting period				379@26	2125300
Cash and cash equivalents begiaaing ofthe reportiag	at the period			&49,516	637316
Cash aad cash equivalents the reporting period	at	the end	of	1~8,742	849,516

	DONATI	ONS	AND LEGACIES
				2021	2020
					6
	Donations			12/84	4,682
	Covenants	and Gift aid		359	358
				12,743	5,040
3.	OTHER	TRADING ACTIVITIES
				2021	2020
				8	8
	Reimbursements		Rec'd Post Y/e	179,709	115,049
	Training Cowes Income			276,556	251,056
	Agency costs reimbursements			897,253	802,611
				1,353,518	1,168,716

	Reimbmsements	received	post year end relate to income generated	pened to	31.03.2021 but
	entitled tobe invoiced until		atter the year end. Seenote 25 for expansion.
	INVESTMENT	INCOME
				2021	2020
	Deposit account	interest		546	1,214
5.	OTHER INCOME
				2021f	2020 6
	Grants			590,564	523,961
	COVID Grants			58,527
				649,091	523,961
6.	RAISING FUNDS
	OTHER TRADING ACTIVITIES
				2021	2020
				f
	Depreciation			9,590	8,050

					Support
				Direct	costs (see
				Costs	note 8)	Totals
					f.	8
	Direct charitable activities			1,694,919		1,694,919
	Governance	Costs			4,640	4,640
				1,694,919	4,640	1,699,559
8	SUPPORT	COSTS
						Governance
						costs
						f
	Governance	Costs				4,640
9.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated atter charging/(ccethting):
					2021I	2020 8
	Auditors' remuneration				4,640	4,640
	Depreciation	- owned assets			4,200	6,280
	Computer sottware amortisation				5,390	1,770
	Statfpension	contributions			96,005	91,561

STAFFCOSTS
								2021I		2020
Wages and salaries								1,113,534	1,004,918
Social security costs								97,981		88,238
Other pension costs								96,005		91,561
								V07,520	1,184,717
The average monthly		number ofemployees			during the year was	as follows:
								2021		2020
Full time								14		13
Part time								12		14
								26		27
The number ofemployees			whose employee		benefits (excluding	employer pension costs) exceeded			K60,000 was:
								2021		2020
670,001 - f80,000								1		1
There was one employee			in addition	to the above that during		the period	received	employee	benefits	including
employer pension	in	excess off60,000.

COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACT	IVITIES
	Unrestricted
	fund
INCOME ANDENDO~ FROM
Donations and legacies	5,040
Other trading activities	1,168,716
Inveshnent income	1,214
Other income	523,961
Total	1,698,931
EXPENDITURE ON
Raising funds	8,050
Charitable activities
Direct charitable activities	1,559,575
Governance Costs	4,640
Total	1,572365
NET INCOME	126,666

12.	COMPARATIVES FORTHE STATEMENP OFFIN	ANCIAL ACITVITIES	-continued
				Unrestricted
				fundI
	RECONCILIATION OF FUNDS
	Total funds brought forward			944,301
	TOTAL FUNDS CARRIED FORWARD			1,070,967
13.	INTANGIBLE FIXEDASSETS
				Computer
				sottware
				8
	COST
	At 1stApril 2020			13,180
	Additions			7,595
	At 31stMarch 2021			20,775
	AMORTISATION
	At 1stApril 2020			3,810
	Charge for year			5,390
	At 31stMarch 2021			9,200
	NET BOOKVALUE
	At 31stMarch 2021			11,575
	At 31stMarch 2020			9,370
14.	TANGIBLE FIXEDASSETS
		Fixtures
		and	Computer
		fittings	equipment 8	Totals I
	COST
	At 1st April 2020 and 31stMarch 2021	9,510	71371	80,781
	DEPRECIATION
	At 1st April 2020	8,080	66,354	74,434
	Charge for year		4400	4200
	At 31stMarch 2021	8,080	70,554	78,634
	NET BOOKVALUE
	At 31stMarch 2021	1,430	717	2,147
	At 31stMarch 2020	1,430	4,917	6,347

			2021	2020
	Trade debtors		262,321	367,918
	Other debtors		60359	45,895
	WGATS Money Prepayments and accrued income		91,500 22,976	14,263 20,355
			437,056	448,431
16.	CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
				f
	Trade creditors		35346	65,178
	Social security VAT	and other taxes	26,721 9,971	26+47 16,009
	Other creditom		33,456	25,965
	Accruals and deferred income		196,410	109,298
			301,804	242,697

				2021	2020
	Within one year			45,286	43,535
	Between one	and five years		148,459	141,783
	In more than	five years		148,750	180,833
				342,495	366,151
18.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.4.20	in funds	31.3.21
				f,
	Unrestricted	funds
	General fund		1,070,967	306,749	1,377,716
	TOTAL FUNDS		1,070,967	306,749	1,377,716

Net move	ment	in funds, inc	lud	ed in the above	are asfollows:
						Incoming	Resources	Movement
						resources	expended	in funds
						K	6	6
Unrestricted		funds
General	fund					2,015,898	(1,709,149)	306,749
TOTAL	FUNDS					2,015,898	(1,709,149)	306,749
Comparanves		for movement		in funds
							Net
							movement	At
						At 1.4.19	in funds I	31.3.20
Unrestricted		funds
General	fund					944301	126,666	1,070,967
TOTAL	FUNDS					944301	126,666	1,070,967
Comparative		net movement	in	funds, included	in the above are as follows:
						Incoming	Resources	Movement
						nnoafccs I	expended	in funds
Unrestricted		funds
General	fund					1,698,931	(1,572265)	126,666
TOTAL	FUNDS					1,698,931	(1,572865)	126,666
A current year 12months and				prior year 12months combined		position is as follows:
							Net
							nlovclrlcflt	At
						At 1.4.19	in funds	31.3.21
							I	f.
Unrestricted		funds
Geneml	fund					944,301	433,415	1,377,716
TOTAL FUNDS						944,301	433,415	1,377,716

A current yea as follows:	r 12 months and prior year 1	2 months combined nct movement in	funds, included i	n the above
		Incoming	Resources	Movement
		resources	expendod	in funds
Unrrutricted	funds
General fund		3,714,829	(3,281,414)	433&415
TOTAL FUNDS		3,714,829	(3481,414)	433,415

21.	RECONCILIATION OFNET INCOME TO NET CASH PLOW FROM	RECONCILIATION OFNET INCOME TO NET CASH PLOW FROM	RECONCILIATION OFNET INCOME TO NET CASH PLOW FROM	RECONCILIATION OFNET INCOME TO NET CASH PLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
					2021	2020
					E
	Net income	for the	reporting	period (as per the Statement ofFinancial
	Activities)				306,749	126,666
	Adjustments	for:
	Depreciation	charges			9,590	8,050
	lmerest received				(546)	(1,214)
	Deueasd(increase)		in debtors		11,375	(42395)
	Increase in creditors				59,107	121,079
	Net cash provided		by operations		386,275	212,286
22..	ANALYSIS	OF CHANGES		IN NET FUNDS
				At 1.420	Cash flow	At 31.3.21
	Net cash
	Cash at bank	and in	hand	849,516	379,226	1228&742
				849,516	379,226	1328,742
	Total			849,516	379,226	1,228,742

	FORTHE YEAR ENDED 3	1STMARCH 2021
		2021	2020
		8	8
INCOME AND	ENDOWMENTS
Donations aad legacies
Donations		12,384	4,682
Covenants and Gift aid		359	358
		12,743	5,040
Other trading activities
Reimbursements	Rec'd Post Y/c	179,709	115,049
Training Course	Income	276,556	251,056
Agency costs mimbursements		897,253	802,611
		1,353,518	1,168,716
investment income
Deposit account	interest		1,214
Other income
Grants		590,564	523,961
COVID Grants		58,527
		649,091	523,961
Total incondng	resources	2,015,898	1,698,931
Other trading activities Depreciation oftangible fixed assets		9,590	8,050
Charitable activities
Wages		1,113,534	1,004 it18
Social security		97,981	88,238
Pensions		96,005	91,561
Telephone		16,834	10,639
Postage and stationery		2,650	11,844
Advertising		121,167	83,029
Sundries		2,826	10,838
Rent and repairs		56,906	64,030
Travel &haccommodation		6,950	42,730
Subsciiptions		11,821	11,302
Oflice support Statutory checks		62,457 1,565	69,685 2343
Bank charges		723	830
Family assistance		83,106	28,817
Training and recruitment		17,677	11,102
Carried forward		1,692,202	1&531,806

	2021 f.	2020I
Charitable activities
Brought forward	1,692,202	1,531,806
Light and heat	2,717	4,333
Klp project		23,436
	1,694,919	1,559,575
Support costs
Governance costs
Auditors' remuneration	4,640
Total resources expended	1,709,149	1,572,265
Net income	306,749	126,666