## ## ||||Page|| |---|---|---|---|---| |Report ofthe Chair||||| |Report ofthe Trustees||2|to|22| |Report ofthe Independent|Auditors|23|to|25| |Statement ofFinancial Activities||||| |Balance Sheet|||27|| |Cash Flow Statement|||28|| |Notes to the Cash Flow Statement|||29|| |Notes to the Financial Statements||30|to|44| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2023|2022| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| |||Notes|funds|funds
f.|funds
6|fundsf| |INCOME AND ENDOWMENTS|FROM|||||| |Donations
and legacies||3|784,280|60,292|844,572|620,135| |Charitable
activities||5||||| |Housing
Services|||363,477|2,945,694|3,309,171|3,251,497| |Policy &Campaigning
Training
&Conferences
Research|||6,578
211,155
42,700|29,018
82,641|35,596
211,155
125,341|60,352
208,761
101,816| |Other|||5,189||5,189|1,173| ||||629,099|3057,353|3686,452|3,623,599| |Investment
income||4|28,969||28,969|3,349| |Total|||1,442,348|3,117,645|4,559,993|4,247,083| |EXPENDITURE ON||||||| |Raising funds|||432,214|60,292|492,506|317,664| |Charitable
activities||||||| |Housing Services|||437,275|2,945,694|3,382,969|2,994,223| |Policy &Campaigning
Training
&Conferences
Research|||375,656
194,642
39,267|29,018
82,641|404,674
194,642
121,908|402,662
139,435
94,323| ||||1,046,840|3,057,353|4,104,193|3,630,643| |Total|||1,479,054|3,117,645|4,596,699|3,948,307| |NET INCOME/(EXPENDITURE)
Other recognised
gains/(losses)|||(36,706)||(36,706)|298,776| |Gains on revaluation
offixed assets|||9,927||9,927|| |Net movement
in funds|||(26,779)||(26,779)|298,776| |RECONCILIATION
OF FUNDS||||||| |Total funds brought
forward|||2,626,419||2,626,419|2,327,643| |TOTAL FUNDS CARRIED FORWARD|||2,599,640||2,599,640|2,626,419| ## ## |||||2023|2022| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| ||Notes|funds
f|funds
6|funds
6|fundsf| |FIXEDASSETS|||||| |Tangible assets
Investments|14
15|9,041
509,927||9,041
509,927|10,862| |||518,968||518,968|10,862| |CURRENT ASSETS|||||| |Stocks
Debtors
Cash at bank|16
17|158,025
313,980
2,436,050||158,025
313,980
2,436,050|110,412
311,152
2,871,515| |||2,908,055||2,908,055|3,293,079| |CREDITORS|||||| |Amounts
falling due within one year|18|(827,383)||(827,383)|(677,522)| |NET CURRENT ASSETS||2,080,672||2,080,672|2,615,557| |TOTAL ASSETSLESSCURRENT LIABILITIES||2,599,640||2,599,640|2,626,419| |NETASSETS||2,599,640||2,599,640|2,626,419| |FUNDS|20||||| |Unrestricted
funds||||2,599,640|2,626,419| |TOTAL FUNDS||||2,599,640|2,626,419| ## ||||2023|2022| |---|---|---|---|---| |||Notes||E| |Cash flows from operating|activities|||| |Cash generated
from operations||1|39,066|271,280| |Net cash provided
by operating
activities|||39,066|271,280| |Cash flows from investing|activities|||| |Purchase
oftangible
fixed assets
Purchase offixed asset investments
Interest received|||(3,500)
(500,000)
28,969|3,349| |Net cash (used in)/provided|by investing|activities|~474,531)|3,349| |Change
in cash and cash|equivalents|in||| |the reporting
period
Cash and cash equivalents|at the||(435,465)|274,629| |beginning
ofthe reporting|period||2,871,515|2,596,886| |Cash and cash equivalents|at the end|of||| |the reporting
period|||2,436,050|2,871,515| ## ## ## |ACTIVITIES|||| |---|---|---|---| |||2023f|2022f| |Net (expenditure)/income
for the reporting
Statement of Financial Activities)
Adjustments
for:|period (as per the|(36,706)|298,776| |Depreciation
charges
Interest received
(Increase)/decrease
in stocks
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors||5,321
(28,969)
(47,613)
(2,828)
149,861|5,316
(3,349)
24,849
69,212
(123,524)| |Net cash provided
by operations||39,066|271,280| ## ||At 1.10.22
F|Cash flow
f|At 30.9.23
f| |---|---|---|---| |Net cash|||| |Cash at bank|2,871,515|~435,465)|2,436,050| ||2,871,515|~435,465)|2,436,050| |Total|2,871,515|~435,465)|2,436,050| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |INVESTMENT INCOME||||| |---|---|---|---|---| ||||2023f|2022f| |Deposit account interest|||28,969|3,349| |INCOME FROM CHARITABLE ACTIVITIES||||| |Activity|||2023|2022f| |Charitable
Activities
Charitable
Activities
Charitable
Activities
Charitable
Activities
Charitable
Activities
Housing Services
Policy & Campaigning
Training 8 Conferences
Research
Other|||3,309,171
35,596
211,155
125,341
5,189|3,251,497
60,352
208,761
101,816
1,173| ||||3,686,452|3,623,599| ||Unrestricted|Restricted|Total|Total| ||funds
6|funds
6|2023
f|2022| |Big Lottery Fund - Housing
And Debt Advice||||13.174| |Bridgend CBC
Carmarthenshire
CC - SWBFAS
Carmarthenshire
CC - Debt Advisor
Citizens Advice Secondment
City &County ofSwansea
Comic Relief - Rough Sleepers
Comic Relief - Tech for Good
Denbighshire
CC
Flintshire
CC
Flintshire
CC - Embedded
Advisor
Flintshire CC Supporting
People Revenue Grant||88,222
14,893
16,106
58,416
26,770
42,281
118,380|88,222
14,893
16,106
58,416
26,770
42,281
118,380|98,567
81,827
9,008
5,382
16,106
74,243
63,092
10,000
26,770
46,663
120,116| |Denbighshire
Early Intervention
Project
Gwynedd
CC Debt Advice
Gwynedd
CC Supporting
People Grant
Vale ofGlamorgan
CC
Powys CC
Access to Justice
Cost ofLiving - Moondance,
Waterioo, HSBC,
Wales &West||186,452
46,689
100,303
9,860
34,000
5,054
20,606|186,452
46,689
100,303
9,860
34,000
5,054
20,606|40,463
44,466
95,527
25,985
34,000
60,000| |Ynys Mon LA
Oak Foundation||25,777
82,641|25,777
82,641|39,554
76,431| |Henry Smith - Housing
First
Moondance
Welsh Government
- Prison
Link Cymru and Prison||102,558
16,241|102,558
16,241|95,647
26,674| |Housing
Advice
Welsh Government
- Helping
More People
Welsh Government
- CAB Frontline Advice
Money Advice Service Face-to Face Debt Advice||170,670
1,426,236
424,272|170,670
1,426,236
424,272|142,908
1,430,519
382,907| |Project||||414| |WCVA
Tolkien - SCL Advisor
Other Income - Research, Training
Etc
Legal Aid Certificated
Income
Legal Aid Agency Contracts|265,718
71,674
287 707|3,501
37,425|3,501
37,425
265,718
75,674
287,707|3,501
30,659
246,272
71,058
211,666| ||629,099|3,057,353|3,686,452|3,623,599| ## ## ## ## ## ## |RAISING FUNDS||||| |---|---|---|---|---| |Raising donations|and legacies|||| ||||2023f|2022
6| |Staff costs
Staff training
and welfare
Staff costs - other|||257,953
1,796
3,125|147,810
10
868| |Travel
Other direct costs
Office Equipment|||8,239
149,292
2,994|1,447
118,101
2,816| |Telephone
Other administration|||1,776
17,261|1,011
17,285| |Support costs|||50,070|28,316| ||||492,506|317,664| |CHARITABLE ACTIVITIES COSTS||||| |||Direct|Support|| |||Costs (see|costs (see|| |||note 8)
f|note 9)
F|Totals
6| |Housing Services
Policy 8 Campaigning||2,800,899
360,862|582,070
43,812|3,382,969
404,674| |Training
&Conferences
Research||157,089
103,132|37,553
18,776|194,642
121,908| |||3,421,982|682,211|4,104,193| |DIRECT COSTS OF|CHARITABLE ACTIVITIES|||| ||||2023
8|2022f| |Staff costs
Staff training
and welfare
Staff costs - other
Travel|||2,928,446
36,581
23,894
33,832|2,586,543
33,436
29,283
10,481| |Other direct costs|||285,930|287,116| |Buildings|||10,539|4,951| |Office equipment
Other administration|||15,992
53,039|15,784
58,830| |Telephone|||33,730|26,574| ||||3,421,983|3,052,998| ## ## ## ## ## |SUPPORT COSTS|FOR TH|E YEAR ENDED 3|0SEPTEMBER|2023||| |---|---|---|---|---|---|---| |||Basis of|Support|Governance|2023|2022| |||allocation|costs|costs||| ||||F|6|f|| |Staff costs
Staff training
and welfare
Staff costs - other
Depreciation
Travel||Headcount
Headcount
Headcount
Headcount
Headcount|244,216
9,094
11,020
4,957
406||244,216
9,094
11,020
4,957
406|201,745
7,038
11,916
5,068
969| |Other Direct Costs||Headcount|198||198|| |Buildings
Office equipment
Telephone
Other administration||Headcount
Headcount
Headcount
Headcount|200,518
70,834
18,088
116,088||200,518
70,834
18,088
116,088|180,922
64,798
15,767
83,561| |Governance
costs||Governance||6871|6871|5858| ||||675,339|6,871|682,210|577,645| |Analysed
between||||||| |Charitable
activities|||675,339|6,871|682,210|577,645| |NET INCOME/(EXPENDITURE)||||||| |The analysis ofauditor's|remuneration|isas follows:||||| ||||||2023|2022| ||||||6|| |Auditors'
remuneration
Auditors'
remuneration|for taxation services||||7,375|6,145| |Auditors'
remuneration|for other non-audit
work||||7,693|7,276| ## ## ## |STAFF COSTS
Employment
costs||||| |---|---|---|---|---| ||||2023|2022| ||||8|f| |Wages and salaries
Social security costs
Other pension
and life|assurance|costs|3,020,883
274,208
153,447|2,575,834
230,940
139,218| |Agency, redundancy,|recruitment|and other staff costs|38,848|42,651| ||||3,487,386|2,856,612| ## ## ## ## ## |The average
monthly
nu|mb|e|r|ofemployees|duri|ng|the yea|r w|as|as follows:|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||2023|2022| |Housing services||||||||||||93|87| |Policy and campaigning||||||||||||7|8| |Training
and conferences
Research||||||||||||6
3|5
2| |Fundraising||||||||||||8|5| |Infrastructure||||||||||||6|6| |||||||||||||123|113| |The number ofemployees||whose employee|||benefits (excluding||||employer
pension||costs) exceeded F60,000was||| |670,001 - 680,000||||||||||||2023|2022
1| |F80,001 - F90,000|||||||||||||| |The total employer's
pension
was f3,246 (2022:f5,189).||||contributions|paid|to|defined|contributions
schemes|||for|the higher|paid employee| |Key management
personnel|||||||||||||| |Key management
personnel
ofthe Charity comprise the Trustees,
Finance,
Head of Fundraising,
Head of Housing
Services North
People &Organisational
Development.||||||||||Chief Executive, Head ofCampaigns,
Head
and Head of Housing
Services South, Head|||| |The total employee
benefits||of||the key management|||personnel||of|the Charity were|6417,923(2022f352,672)||| |COMPARATIVES FOR THE|||STATEMENT||OF FINANCIAL|||ACTIVITIES|||||| |||||||||||Unrestricted|Restricted||Total| |||||||||||funds||funds|funds| |||||||||||6||5|8| |INCOME AND ENDOWMENTS||||FROM|||||||||| |Donations
and legacies||||||||||619,851||284|620,135| |Charitable
activities|||||||||||||| |Housing Services
Policy & Campaigning
Training
&Conferences
Research
Other||||||||||345,270
8,408
208,761
25,384
1,173|2,906,227
51,944
76,432||3,251,497
60,352
208,761
101,816
1,173| |Investment
income||||||||||3,349|||| |Total||||||||||1,212,196|3,034,887||4,247,083| |EXPENDITURE ON|||||||||||||| |Raising funds||||||||||317,380||284|317,664| |Charitable
activities|||||||||||||| |Housing Services
Policy &Campaigning
Training
&Conferences
Research||||||||||87,996
350,718
139,435
17,891|2,906,227
51,944
76,432||2,994,223
402,662
139,435
94,323| |Total||||||||||913,420|3,034,887||3,948,307| |NET INCOME||||||||||298,776|||298,776| ||||||Pa|e 36|||||||continued. ..| ## ## ||||FOR THE YEA|
R ENDED 30 SEPTEMBER2023|
R ENDED 30 SEPTEMBER2023|
R ENDED 30 SEPTEMBER2023||| |---|---|---|---|---|---|---|---|---| |13.|COMPARATIVES||FOR THE STATEMENT|OF FINANCIAL ACTIVITIES -continued||||| |||||||Unrestricted|Restricted|Total| |||||||funds
f|funds
6|funds
6| ||RECONCILIATION||OF FUNDS|||||| ||Total funds brought||forward|||2,327,643||2,327,643| ||TOTAL FUNDS|CARRIED FORWARD||||2,626,419||2,626,419| |14.|TANGIBLE FIXED||ASSETS|||||| |||||Improvements||Fixtures||| ||||||to|and|Computer|| ||||||property|fittings
f|equipment
f|Totals
f| ||COST|||||||| ||At 1 October 2022
Additions||||11,961|26,608|160,966
3,500|199,535
3,500| ||At 30September|2023|||11,961|26,608|164,466|203,035| ||DEPRECIATION|||||||| ||At 1 October 2022
Charge for year||||8,923
1,369|22,536
611|157,214
3,341|188,673
5,321| ||At 30September|2023|||10,292|23,147|160,555|193,994| ||NET BOOK VALUE|||||||| ||At 30September|2023|||1,669|3,461|3,911|9,041| ||At 30September|2022|||3,038|4,072|3,752|10,862| |15.|FIXEDASSET INVESTMENTS|||||||| |||||||||Listed| |||||||||investments| ||MARKET VALUE|||||||| ||Additions
Revaluations|||||||500,000
9,927| ||At 30September|2023||||||509,927| ||NET BOOK VALUE|||||||| ||At 30September|2023||||||509,927| ||At 30September|2022||||||| ||Cost or valuation|at 30September 2023 is represented|||by:|||| |||||||||Listed| |||||||||investments| ||Valuation
in 2023
Cost|||||||9,927
500,000| |||||||||509,927| ## ## ## ## ## |STOCKS||||| |---|---|---|---|---| ||||2023|2022| ||||6|| |Stocks
Work-in-progress|||18,322
139,703|13,566
96,846| ||||158,025|110,412| |DEBTORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| ||||2023
f|2022
f| |Trade debtors
Other debtors|||183,744
130,236|81,247
229,905| ||||313,980|311,152| |CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||| ||||2023
6|2022
f| |Trade creditors
Social security and other
Other creditors
Accrued expenses
Deferred Income|taxes||72,837
99,760
47,389
61,493
545,904|60,844
83,770
44,319
40,513
448,076| ||||827,383|677,522| |Deferred Income||||| ||||2023|2022| |Performance
grants where||services are not yet provided|545,904|448,076| |Deferred income is included||in the financial statements as follows:||| ||||2023
f|2022
f| |Balance brought
forward
Income received
Income receivable at year
Amounts
released
Balance carried forward|end||448,076
3,155,181
612,762
2,869,917
~3,057.353)~3,D34.603)|| ||||545,904|448,076| ## ## ## ||Minimum
lease payments
under non-cancellable
opera|ting
leases fall due as fo|llows:|| |---|---|---|---|---| ||||2023
f|2022
f| ||Within one year
Between one and five years||48,740
125|44,000
3,725| ||||48,865|47,725| |20.|MOVEMENT
IN FUNDS|||| ||||Net|| |||At|movement|At| |||1.10.22|in funds|30.9.23| ||||6|| ||Unrestricted
funds|||| ||General fund
Designated
Fund - The Hanis Fund
Designated
Fund - Infrastructure|2,026,087
105,304|2,553
(23,251)|2,028,640
82,053| ||Improvements
Designated
Fund - Strategic Reserve Fund|6,081
488,947|(6,081)|488,947| |||2,626,419|~26,779)|2,599,640| ||TOTAL FUNDS|2,626,419|~26,779)|2,599,640| ## ## ## ## ||Net movement
in funds,
included
in the above|are as follows:|||| |---|---|---|---|---|---| |||incoming|Resources|Gains and|Movement| |||resources|expended
f|losses
f.|in funds
f| ||Unrestricted
funds||||| ||General
fund
Designated
Fund - The Harris Fund
Designated
Fund - Infrastructure
Improvements|1,442,348|(1,449,722)
(23,251)
~6,081)|9,927|2,553
(23,251)
~6,8847| |Note|Restricted funds|1,442,348|(1,479,054)|9,927|(26,779)| |2
2
2
3|Bridgend CBC
City & County ofSwansea
Flintshire CC
Flintshire
CC Supporting
People Revenue
Grant|88,222
16,106
26,770
118,380|(88,222)
(16,106)
(26,770)
(118,380)||| |4
3|Gwynedd
CC Debt Advice
Gwynedd
CC Supporting
People Revenue
Grant|46,689
100,303|(46,689)
(100,303)||| |2
2
4
4
4|Vale ofGlamorgan
CC
Powys CC
Ynys Mon
I A
Oak Foundation
Cost of Living —Moondance,
HSBC, Wales
and West|9,860
34,000
25,777
82,641
20,606|(9,860)
(34,000)
(25,777)
(82,641)
(20,606)||| |1|Welsh Government
- Prison
Link Cymru|170,670|(170,670)||| ||and Prison Housing
Advice||||| |1
1
4
4
4
4
2
4
4
4
4
4
4|Welsh Government
- Helping
More People
Welsh Government
- CAB Frontline
Advice
WCVA
Tolkien —Pathways
WCVA
Comic Relief- Rough Sleepers
Flintshira
CC - Embedded
Advisor
Access to Justice
Henry Smith - Housing
First
Citizens Advice Secondment
Denbighshire
Early Intervention
Project
Moondance
Comic Relief Core Grant|1,426,236
424,272
3,501
37,425
45,292
58,416
42,281
5,054
102,558
14,893
186,452
16,241
15,000|(1,426,236)
(424,272)
(3,501)
(37,425)
(45,292)
(58,416)
(42,281)
(5,054)
(102,558)
(14,893)
(186,452)
(16,241)
~15,000)||| |||3.117845|~3,747645||| ||TOTAL FUNDS|4,559,993|~4,596,699)|9,927|~26,779)| ## ## ## ## ## |||Net|| |---|---|---|---| ||At|movement|At| ||1.10.21|in funds|30.9.22| |Unrestricted
funds|6|6|6| |General fund
Designated
Fund - The Harris Fund
Designated
Fund - Infrastructure|1,708,089
113,473|317,998
(8,169)|2,026,087
105,304| |Improvements
Designated
Fund - Strategic Reserve Fund|6,081
500,000|~11,053)|6,081
488,947| ||2,327,643|298,776|2,626,419| |TOTAL FUNDS|2,327,643|298,776|2,626,419| ## ## ## ||Comparative
net movement
in funds,
included
in the a|bove are as follows:||| |---|---|---|---|---| |||Incoming|Resources|Movement| |||resources|expended|in funds| ||Unrestricted
funds|6||6| ||General fund
Designated
Fund - The Harris Fund
Designated
Fund - Strategic Reserve Fund|1,212,196|(894,198)
(8,169)
~11,053)|317,998
(8,169)
~IL053)| |Note|Restricted funds|1,212,196|(913,420)|298,776| ||Bridgend CBC
Carmarthenshire
CC - SWBFAS
Carmarthenshire
CC - Debt Advisor
City & County ofSwansea
Comic Relief - Tech for Good
Denbighshire
CC
Flintshire CC
Flintshire
CC Supporting
People Revenue
Grant|98,567
81,827
9,008
16,106
63,092
10,000
26,770
120,116|(98,567)
(81,827)
(9,008)
(16,106)
(63,092)
(10,000)
(26,770)
(120,116)|| ||Gwynedd
CC Debt Advice
Gwynedd
CC Supporting
People Revenue
Grant|44,466
95,527|(44,466)
(95,527)|| ||Vale of Glamorgan
CC
Powys CC
Ynys Mon LA
Oak Foundation
Welsh Government
- Prison Link Cymru
and Prison Housing Advice|25,985
34,000
39,554
76,431
142,908|(25,985)
(34,000)
(39,554)
(76,431)
(142,908)|| ||Welsh Government
- Helping
More People
Welsh Government
-CAB Frontline Advice
WCVA
Tolkien - SCL Advisor
WCVA
Big Lottery Fund - Housing
and Debt
Advice|1,430,519
382,907
3,501
30,659
284
13,174|(1,430,519)
(382,907)
(3,501)
(30,659)
(284)
(13,174)|| ||Comic Relief - Rough Sleepers
Flintshire
CC - Embedded
Advisor
Henry Smith - Housing
First
Citizens Advice Secondment
Denbighshire
Early Intervention
Project
Moondance
Money Advice Service Face-to-Face Debt
Advice Project|74,243
46,663
95,647
5,382
40,463
26,674
414|(74,243)
(46,663)
(95,647)
(5,382)
(40,463)
(26,674)
(414)|| |||3,034,887|~3,034,887)|| ||TOTAL FUNDS|4,247,083|~3,948,307)|298,776| ## ## ## ## ## ## ## ##