mirus OUR IMPACT U2 02 Turning possibilities into realities /,? mirus-wales.org.uk miruswales TOGETHER RESPECTFUL RESPONSIBLE EMPOWERING COURAGEOUS
| Statement ofFindnc(a(Activities (incorporating |
Statement ofFindnc(a(Activities (incorporating |
Statement ofFindnc(a(Activities (incorporating |
Statement ofFindnc(a(Activities (incorporating |
an income 8 | Expenditure | Expenditure | Account) | Account) |
|---|---|---|---|---|---|---|---|---|
| for the Year | Ended 31st INarch 2021 | |||||||
| sall | ||||||||
| taw chiced | acshnhd | Totsl | Iuucbntcd | ecchldcd | ||||
| uoiu | base | rude | alan | buds | hade | |||
| c | 8 | h | h | |||||
| aussu ma mdcwwan | eua | |||||||
| nuonsu sullcyolsc | 2 | Q2 | 92 | |||||
| clmmblo osnsens | 5 | |||||||
| nulnul so slpcoph!Iuldepict |
2,092278 | 2.092.876 | I,M5,412 | tggg,me | ||||
| Ilsu guulsmltguclc | 16217.0SS | IBSIT,ON | 142242117 | 14,224.NT | ||||
| ape aslolhcrshuulccc | 1.965.082 | 1.055,592 | Me.ne | Qee.ms | ||||
| Ttulhle alasbulmsss | M3445 | M | 65 | |||||
| 3 | I0,327 | 10,327 | ||||||
| Tohl | B,M6.740 | 16292.147 19.478,887 | gnt t,gte | t5.133,925 | 17.145.535 | |||
| nlnllsahlol lsl chueum |
schuhu | |||||||
| csascladsuc clpsanus | 6 | 359216 | 19.62Q.313 19.387.82S | 220245 | ient22)55 | 10,842.359 | ||
| haulus | 2,738.128 | (2847,IN) | 90,959 | 1,782.385 | (td79.180) | BN.IBB | ||
| Tlalulcc bsblsslclulc | 18 | (3047,tm | 31NT,IN | (IQTQ,I80) | 1,979,1M | |||
| ustfsssouleupcodllsln bcuu oaur ncoydsse gsns md bassa |
(Bge.ml) | 4N,0N | 90,95Q | (199,815) | SM,ON | 3N,tS5 | ||
| ucl soha cd Qsblspcccc) ul dslusl acoulpanlm schslu |
(46)0N) | (4M,NO} | (5N,NB) | (5N.NS) | ||||
| actslslussut el aalds | (NQ.INI) | (NB)NI } | (IM,815) | lteltht5) | ||||
| noccacnnloa orcuss | ||||||||
| Totn elute bsoaeg Pssmd | BOBBED!57 | 4235,762 | ||||||
| Totcl aaldc sudul loluud | 3729.846 | - | 3,729.846 | 4,038,887 | 4.0 N7 |
| Cash Sans fmm operagng acthdths | |||
|---|---|---|---|
| Cash generataf from apmsiians | 2,294,856 | 78,61D | |
| Net cash prmdded hy (used in) aperatin9 acgvaes |
2,294,856 | 78,610 | |
| Cash Srsas fram invesgng acthdhes | |||
| Purchase oftangihie fixsd msets | (75,550) | (36,160) | |
| Saieaftsngibiefised assets |
|||
| Inlelest received | 10,327 | 14,625 | |
| Inlercst pair! | (13,101} | (12,275) | |
| llel cash pmvidod lay (used Ia) Ilmcshnp ncthdths |
(78,324) | (33,610} | |
| Cash Ihslrs yrmn Snanclng acrmrgac | |||
| Loan rapaymmt inyear |
(3D,818) | ||
| Netcash prmdded by (used in) Snancing acgvrges |
(2,277} | {30,816) | |
| Change incash and sash iVuiahn Iepclta le pe dad |
in the | 2/14,255 | 14,152 |
| Cash alai cash lplivahatsat the hegllanng cf |
|||
| ihe Iepoding paged | 4,889,061 | 4,874,879 | |
| Cash and cash eqrdvatcnts attlm end | clem | ||
| ~choline penod | 7,103316 | 4,889,061 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| Nates | funds | funds | funds | funds | funds | funds | |
| Fixed Assets | |||||||
| Tangible assets | 12 | 515,132 515,132 |
515,132 515,132 |
520,115 520,115 |
520,115 520,115 |
||
| Current Assets | |||||||
| Debtors | 13 | 1,275,806 | 1,275,806 | 1,784,562 | 1,784,562 | ||
| Cash at bank | 3214,714 3,214,714 |
3,888,602 5,164,408 |
7.103,316 8,379,122 |
3.521,049 3,521,049 |
1368.012 3,152,574 |
4,889,061 6,673,623 |
|
| Creditors | |||||||
| Amounts falling due within one year |
3474 408 | (3,474,408) | 892574 | (1,892,574) | |||
| Nat current assets | 3,214 714 | 1,690,000 | 4,904,714 | 3,521.049 | 1,260,000 | 4781,049 | |
| Total assets less current liabilities |
3,729,846 | 1,690,000 | 5,419,846 | 4,041,164 | 1,260,00D | 5,301,164 | |
| Creditors | |||||||
| Amounts falling dua after more than one year Provision for liabilities |
15 17 |
1 690,000 | 1.690,000 | (2,277) | - 1,26D,000 |
(2,277) 1260,000 |
|
| 3.729,846 | - | 3,729,846 | 4,038,887 | 4,038,887 | |||
| Funds | |||||||
| Unrestricted funds |
18 | 3,729,846 | 3,729,846 | 4,038,887 | 4,038,887 | ||
| Restricted funds | |||||||
| Total funds | 3,729,846 | 3,729,846 | 4,038,887 | 4,038.887 |
| z Donations and Legacies |
z Donations and Legacies |
z Donations and Legacies |
|||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| E | |||||
| 723 | |||||
| 3Investment income |
|||||
| 2021 | 2020 | ||||
| E | |||||
| 10327 | 14825 | ||||
| 4 Reconciliation ofnst income/(expenditure) | to net cash | ||||
| flow from operating | activities | ||||
| 2021 | 2020 | ||||
| E | 6 | ||||
| Net incomef(expenditure} for the reporting per the statement offinancial activities) |
period (as | 90,959 | 303,185 | ||
| Ad)ustments for. |
|||||
| Depredsaon charges |
80,533 | 58,409 | |||
| Interest received Interest paid Decmsse I(Incresse) In provisions Desnt f(Surplus) on orden cf$xed meets |
(10327) 'l3„101 30,000 |
(14,825) 12,275 (180,000) |
|||
| Inasesef (Decrease) tn dehlms Decnmse IUncresse) In crmnors |
508,T56 1,581,834 |
(563,354) 462,920 |
|||
| Net cash provided by (used In) operating |
actlv(des | 2,294,856 | T8,610 | ||
| 5Income from Charitable | Activities | ||||
| 2021 | 2020 | ||||
| E | E | ||||
| Rents - Ifn Recheiges Fehm dtnrging Local Aulhong Cms Fund |
2,092„47T 399 197,52T 15,119,538 |
1,956,511 39,791 137,927 14,087',067 |
|||
| Independent Uvlng Fund Supporung Pooper Grant |
1,065,082 | (487) 909.118 |
|||
| Diner Income | n3rn | 60 | |||
| ~19468 8 |
17129987 |
| g | Charitable | activities costs | activities costs | Total | Total |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Chariteble | activities costs | 19.nr 929 | 1932239! | ||
| r | Direct costs ofcharitable ac&vtties | ||||
| 2020 | |||||
| 6 | |||||
| Slagcosls | 14,197,054 | 12,644,640 | |||
| Travel and carexpenses | 20,823 | 86,538 | |||
| Accommodagon Coals |
1,849,054 | 1,503,126 | |||
| Sad davis and provisions | 36,506 | 15,&40 | |||
| oepmeagon | 33,064 | 11.278 | |||
| Loss an see | ofassets | ||||
| Appordenment | afcosh | 2.991912 | 2 3313n | ||
| ~!929313 | 1661 &05 | ||||
| g | Support Costs | ||||
| 2021 | 2020 | ||||
| 6 | |||||
| llanagement | |||||
| Wages | 2,068,353 | 1529,478 | |||
| Admhislrarcn | expenses | 777,751 | 513,838 | ||
| Eslahgshmem costs Oepmciagon oftangilde and herilage assets Appcnlanmentor cesl |
246,339 68,021 ~IS1912 |
312,333 53,451 ~235133! |
|||
| 'i57,717 | |||||
| eovemansc | costs | ||||
| Wages | 65,903 | 55,971 | |||
| Auditors' remunmstlon |
14,160 | 9,260 | |||
| Administfs&on | 10,000 | ||||
| Commt&ee | exprflses | ||||
| 71,828 | |||||
| s | l4st (income)/expend0upe | ||||
| Met income | (effpendtture) | isstated agar chargingl(crediting | |||
| 2021 | 2020 | ||||
| K | |||||
| Aadilors' mmuneraucn |
14,160 | 9,260 | |||
| Oepmchgon-awned assels |
101,085 | 64,729 | |||
| Opemgng leases | |||||
| Surplus on disposal ofaxed asset | |||||
| 1132O | 73,989 |
| No Tmstees received any | remuneration | In 2D21 or2D20. | In 2D21 or2D20. | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Trustee expenses paid during the year | 40 | 303 | ||||
| 40 | 303 | |||||
| 11 | Staff coals | |||||
| 2021 | 2020 | |||||
| 6 | ||||||
| Wages and salaries | 14,569,239 | 13,129,851 | ||||
| social secudty costs | 1,191,207 | 1,018,318 | ||||
| Pension costs | 592,567 | 268,458 | ||||
| Provision tor redundancy | ||||||
| 16353 033 | 14416627 | |||||
| Average Number ofPersons Employed | during the year | 708 | 645 | |||
| Persons Empbxyed al End | ofYear (Permanent | and Casua0 | 734 | 668 | ||
| The number ofemployees | whose emoluments | amounted toover | ||||
| 060,000 Inihe year were as follows: | ||||||
| 2021 | 2020 | |||||
| 000,001to%f00,000 | 1 | 1 | ||||
| rggfmf to%00,000 | 2 | |||||
| 670,001to000,000 | 1 | |||||
| 060,001to070,000 |
| ty | Tangible Gxed assets | Tangible Gxed assets | 2020 | |
|---|---|---|---|---|
| 6 | ||||
| Fmehold Prepeltyr | ||||
| Cost At tat apry |
550,000 | |||
| Addiyons | ||||
| Dispasals | ||||
| Depmaiation Attstapts Ctmeea yem |
134,334 22~9 |
111,944 22,389 |
||
| bispessls BelBeak Value |
393 ll | 41 666 | ||
| knpnwemenls | to Pmperlyr | |||
| Cost | ||||
| Attstapry | ||||
| Addiyms | ||||
| Oispasals | ||||
| Dremcfeaon At tstAprl Ctwae far year Disposals BelBook Value |
52,699 8,137 (28,555) |
42,300 10,399 2, 7 |
||
| Pm)aet Fumituret | 2621 | 2828 | ||
| Cost At tat ppra Addiasns Dispasals |
28,531 2,420 (436) |
27,195 | ||
| Oepmaiation At tat apry Clmps far year tyspas ale BetBosh Value |
12.323 3,747 (436) 881 |
8,35l 3,530 16268 |
||
| Furniture: | ||||
| Cost At1stApm |
10203 | 9,890 314 |
||
| Addilhns | ||||
| Oisposah | ||||
| lmpmahaon Attelpiny Clwaefaryear |
6,095 1,189 |
4,926 1.168 |
||
| Olspossh BetBask Value |
2999 | 110 |
| Con(Id....Tsngfbie | gxed assets | ||
|---|---|---|---|
| 2021 | 2026 | ||
| Cuinputer Egulpmestr |
3 | ||
| Cost | |||
| At letapra Addidsns Oispcsels Oepruaietian |
284.183 '73.130 (40205) |
202.530 34.946 |
|
| At tetApri ClmSe far year Sspmals |
212,MT 45,071 46.705 |
144.970 20.Q23 |
|
| net BookValue | 71674 | ||
| Tent | |||
| Cost | |||
| At 1stApra Adds hen 13spmcls neprecialion |
838,173 75,550 (70.8M} |
854.071 35.1st |
|
| At tetaprN ChmQe ficryear Oispcsah net BookValue |
4I0.058 85.533 (76.008) 515132 |
312.%7 53.4M 526,115 |
|
| At31stnmnh -Cunent Year | 5'l5,132 | 520.1'l5 | |
| AtQlst INarch -Pdor Year | 520.115 | 542.304 | |
| 13Debtors: amounts falling due within one year |
|||
| 2921 | 2020 | ||
| Oekhis lmlger | 1.166.N0 | 1.421.M7 | |
| Pmpsyments and argued |
scone | 174.000 | 302,925 |
| 1,784,602 | |||
| m Creditors: amounts | falling due within one year | ||
| 2021 | 2820 | ||
| Bank loans and mmnlraks soaial Securilyeml oker 0!hercmcfihcs Deferred mcame |
(seenate 15) laces |
2.277 274.329 I,501.020 i.506,77e |
6 30.818 254.558 1.029.770 577.420 |
| 3474400 | 1,892.674 | ||
| Dsferred Income: | |||
| Oefened ipccme icoueht farnard Asmunis rehsced lo inccme Amcunh dchned m Ihe year |
577.420 (5TT.420) i.aoe,770 |
274,ms (2T4.480) 677.420 |
|
| Oekncd Income earned fsmmd |
| 15Creditors: amounts falling due after one year Bank loans (sae note lg) |
2621 6 0 |
2026 ~212 |
|---|---|---|
| 15Loans | ||
| An analysis oftbe mArly ofloans isffuen bakes | 2621 | 2020 |
| 6 | ||
| Amaunls falling due again one year on denund: Bank Loans |
2,277 | 38818 |
| Armllrlle falllrlg due Irl recta druinle yaenc |
||
| Repayable by Instslmenls | ||
| Bmk Loans Inure Ibsn5yaws by instslments | ||
| Bank loans totalling K2,277 (2020:533,095)are secured by way ofLegal Charge over the pmperly at Lamboume | ||
| Crescent, Llanishen dated 20th June 2006. |
||
| 17Provisions for liabilities | 2021 | 2028 |
| 6 | 8 | |
| Penskm Pension (see note 22) |
I6e.ooO | I 2686118 |
| 15Movement In funds |
2021 | 2628 |
| Unrestricted funda: |
||
| Genual kind Hmsng Imnegt rasarye At1stAPra Gemini fund Housing benefit reserve MetMovement InFunds Ganeml fund |
3,297.664 741„223 2,635,846 102,279 2,738,125 3,047,166 |
3,487,644 748.050 235,782 1,789200 6,835 1,782 65 1,979,160 |
| Hrmsing banenrasenre | ||
| Tnmsfere between funds General fund Huuasrg bann mssrvs At31stklarcb |
2,886.344 843,502 3,729 840 |
3, 7,6 741223 4,838,887 |
| ts | Commhments under operating leases |
||||
|---|---|---|---|---|---|
| 2021 | 2820 | ||||
| Asm 31stUanh 2K!I mbus had annual eommilmenh | under non | ||||
| eaimelhbls operates leases assst out belsrr. |
|||||
| Oman esuipment | |||||
| Operatns hsses due nshin I year | I1,800 | ||||
| Operatns leases dus wilhin 2and 5yeah | 42,520 | 08.385 | |||
| 08,385 | |||||
| 20 | Net Debt Rslnctgstion | Other Non Cash |
At end | ||
| Cash-Ftows | Chansss | ofyear | |||
| 8 | 8 | 2 | |||
| 2,214255 | 7,103.315 | ||||
| Loans farms due wilhn 1year | (2,277) | 30.810 | |||
| Loans fashs due assr I year | I3IL018) | I28,541) |
| PRINCIPAL FINANCIAL ASSUMPTIONS (%PER ANNUM) | 31stMarch 2021 | 31stMarch 2020 |
|---|---|---|
| Discaunt rate | 2.1% | 2.3% |
| RPIfngsson | ||
| CPI Insasan | 2.7% | 2.0% |
| Rata afhaease topensions h payment | 2.7% | 2.0% |
| Rata ofhnvsam lo dsfsnad pcisions | 2.7% | 2.0% |
| Rats ofgancml ineascs insshdcs | 3.0% |
| Halos | 31stMarch 2021 | 31st Nlarch 2020 | |
|---|---|---|---|
| Yearofaliis baca hdde | |||
| Rating toslane base mbls Iyaam) | |||
| Scaling to above baca labia roles | |||
| Impnnemc'nls lahase talfs raus |
|||
| Future sfssns horn ags 65(aged 55atacoournng | dais) | 22.3 | 222 |
| Fotme sfagms fmm age55(agcd45ataccoongng | dale) | 23.3 | 23.2 |
| Females | |||
| Yanr ofsirlb bass fable | |||
| Ragng toshave bsceioblc (years) | |||
| Scaling toshove base table mtcs | |||
| lmprovensssa tchans tigris islcs |
|||
| Fonna fifsgms fnvn ags 55(agsd 55stsccmrnsng | date) | 24.7 | 24.0 |
| Future Nabms Som oge55(aged 45staccoun5ng | date) | 26.1 | 26.0 |
| ESPECTEORETURN ON ASSETS 7be appnsdmate spill ofassets forthe Fund asawhale (base shown are RM USsuntM rates Gfrehsn adCP(ed by the Empby |
d Cn date supplied bythe Fund Adm( er ferthe putpcses 9(FRS102. |
nlstedng | |
|---|---|---|---|
| Estimated asset | Esthaaled asset | ||
| split at31March | spstat31lgarch | ||
| 2021(%) | 2029(%) | ||
| Equilies empanel Gouemms ntBoels |
05.0% 0.6% 'le.7% |
80.3% 0.0% 0.5% |
|
| Coqerah Bonds Cash |
15.7% 1.4% |
15.0% L4% |
|
| Cher Total |
rL0% 100.0% |
0.1% 1$(0% |
|
| RECONCILIATMN OF FUNOEO STATUS TOOAUINCE SHEEf |
|||
| Value at31March | Value at31IEaroh | ||
| 2029 | 2020 | ||
| SM's | EM's | ||
| Fair caine afames | 5,12 | 422 | |
| Premnt cate offended Ihhil5es | 001 | 540 | |
| Pensee asset r(TNOnf) | (1.00) | (1.20) | |
| Unmcoanhed assetduatosnil |
|||
| Pensian asset I(AAililf) recognised an Sm Ihlance Sheet | (IAe) | (128) | |
| AHALTSIS OFTIIEPROFIT ANO IOSSCHARGE | Period emllng 31 March 2021 |
Petted ending 31 March 2820 |
|
| SM's | SM's | ||
| Cumet senrice cost Pastsedm cast |
9.09 0.00 |
000 000 |
|
| Interest cnst | 0.03 | 902 | |
| Expeded mhrn anassets Curlallmeat cost |
Rae | 080 | |
| Semlunesl cast | 0.00 | OAO | |
| Expense mmanhed | 0.12 | 0.10 | |
| CWINGES TOTIIEPRESENI VALUE OFLMGILIIMS OURINO | |||
| THEAccoutniae PERloD |
|||
| Period ending 31 | Period endina 31 | ||
| March 2021 | INarch 2520 | ||
| SM's | Emh | ||
| Open'eg present uahc ofIiahmes Cuemt semice rest Inlemt oust C~toparfuipsnh Adueial (gains) Ilasses onirenics Nclhmees pals Ixlt Pactmaha Inst Nli ulures un Io2au%en Seal dopeach ssd meeaims C mhaeah Setllemenh Ctelrlg pmsent mlue oiliahsrss |
6.48 0.09 0.13 0.03 I.1~ (0.03) 0.00 0.00 0.00 OAO tL81 |
5.23 OAII 9.13 0.03 0.04 (0.03) 0,00 000 OAS 000 540 |
|
| S | 0)O | Page 55of57 |
| Period ending 31 | Period ending 31 | |
|---|---|---|
| Starch 2021 | Starch 2020 | |
| ESI's | KN's | |
| Opsrdug fairvalue sfsusen | 4.22 | 4.29 |
| Expedsd return anassets | 0.10 | 0.11 |
| Actumisl gshdf gossrm) on assets | 0.11 | (0.46) |
| Cnntrihd one bythe employer | 0.09 | 0.20 |
| ontnbufions hypsrbdpents |
0.03 | 0.03 |
| Net imnnfils paid oul | (0.03) | (0.03) |
| Net indense in sands from dsposals and acmfisTiions | 000 | 0.00 |
| 0.00 | 0.00 | |
| Closlrig fair vnlda ofenmls | 5.12 | 4.22 |
| AClllAL RETURNON ASSETS | Period ending | Period ending |
| 31Nmch 2021 | 31March 2020 | |
| 60's | EM's | |
| Expsdsd rdum mrussds | 0.10 | 0.11 |
| Actumtd gslnsf fosses) on assets | 0yf | (0.46) |
| Actus! mlum on admla | 0.81 | (0.35} |
| AIIALYSIS OFAMOUNTS RECOGNISED IN STRGL | Period ending 31Narcll 2021 |
Period ending 31March 2020 |
| 60's | Kfifi's | |
| Total eiisel gelMI (bases) ensliig durliig fiieperiod | 0.11 | (0.46) |
| Tabd liahiny gdrisf gosces) sdslng dodos Iha psdod | (1.11) | (0.04) |
| Total gainer fosses) iiiSTRGL | (0.40) | (0.50) |
| HISTORY OFASSETVALUES, PRESENT VALUE OFUAGnff IES | ||
| AND SURPLUSIOEFICIT | ||
| Pened ending | Period ending | |
| 31March 2021 fN's |
31 Marclt 2020 Ehfs |
|
| Fijrvalue ofissen | 5.12 | 4.22 |
| Pmsenl value offiabiffiss | 6.81 | 5.40 |
| Smplusf (deficit) | (1.60} | (1.?6) |