| January 2015). | January 2015). | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1.Reference and Administrative | Details | ||||||||
| Charity Name: | Citizens | Advice | Swansea | Neath | Port | Talbot | |||
| Limited | |||||||||
| Charity Registration: | 518825 | ||||||||
| Company Registration: |
1702827 | ||||||||
| Financial Conduct Authority: | 617762 | ||||||||
| Registered Office: |
Second | Floor, | City | Gates, | Wind | Street, | |||
| Swansea, | SA1 1EE | ||||||||
| Chief Executive Officer: | Caroline | Newman | (from | February | 2021) |
| to and including the | date the report was | approved were: |
||
|---|---|---|---|---|
| Director/Trustee | Role | Elected By | Date | Date |
| First | ||||
| Resigned | ||||
| Elected | ||||
| Chris Mann | Chair | AGM | 10/13 | |
| Dylan Williams | Vice Chair/Treasurer | AGM | 03/19 | |
| Sandra Beveridge | Trustee | AGM | 09/19 | |
| Nita Sparkes | Trustee | EGM | 09/19 | |
| Nicola Matthews | Trustee | EGM | 03/21 | |
| Geoff Lee | Trustee | EGM | 03/21 | |
| Alex | Trustee | EGM | 03/21 | |
| Latham-Gambi | ||||
| Richard Bayliss |
Trustee | Trustee | 04/21 | |
| Board | ||||
| Sonya Dougherty | Co-opt | Trustee Board |
04/21 | |
| David Jones | Co-opt | Trustee | 04/21 | |
| Board | ||||
| Guy Wendon | Co-opt | Trustee Board |
04/21 | |
| Bethan Hopkins | Trustee | AGM | 11/20 | |
| Edward Roberts |
Vice Chair | AGM | 01/21 | |
| Greg Thomas | Treasurer | AGM | OS/20 | |
| Andrea Williams |
Trustee | Trustee | 07/20 | |
| Board |
| ncorporating I |
ncome | and Ex | penditure | A | ccount | ||
|---|---|---|---|---|---|---|---|
| Noae | |||||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 8 | 8 | 8 | |||||
| Income and endowments | from: | ||||||
| Donations end legsdes Grants - Charitable activities |
(2) fs) |
81,826 | 1,170,288 | 1,262,114 | 326 1,102,908 |
||
| Other trading activities investments |
(4) (s) |
295 | 295 | 330 1,292 |
|||
| Other | 1 418 | 1418 | 1 362 | ||||
| Total Income | 83,539 | 1,170,288 | 1,253,827 | 1,106,218 | |||
| Expenditure on: Charitable sctiv)Uss |
8! | 1 | 4 | 7 | 976478 | ||
| Total expenditure | 59,661 | 1,018,246 | 1,077,907 | 976,478 | |||
| Net Income / (expenditure) | 23,878 | 152,042 | 176,920 | 129,740 | |||
| Net movement in funds |
|||||||
| Fund balances brought forward | 370614 | 139475 | 510089 | ||||
| Fund balances carried forward | is) | 394,492 | 291,517 | 510,089 |
| as at 31 March 2021 | as at 31 March 2021 | 2021 | 2021 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Unrestricted 2 |
Reslncted f |
To(el 8 |
Total 0 |
|||
| Current assets | ||||||
| Debtors and prepayments Cash at bank and in hand |
ital il0 |
23,257 425900 |
227,707 116460 |
250,964 542 360 |
20,982 540661 |
|
| Total current assets | 449,157 | 344,167 | 793,324 | 561,643 | ||
| Current liabilities: | ||||||
| amounts falling due |
within one year | |||||
| Creditors and accruals | (tsl | 54665 | 52650 | 107315 | 51 554 | |
| Total current liabilities | 54,665 | 52,650 | 107,315 | 51,554 | ||
| Net current assets I | (liabilities) | 394,492 | 291,517 | 686,009 | 510,089 | |
| Total assets less current liabllldes | 394,492 | 291,517 | 686,009 | 510,089 | ||
| Net assets | 394,492 | 291,517 | 686,009 | 510,089 | ||
| Funds | ||||||
| General Unrestricted Designated funds Restricted funds |
funds | 354,492 40,000 |
291 517 | 354,492 40,000 291517 |
260,614 110,000 139475 |
|
| Total funds | 394,492 | 291,517 | 686,009 | 510,089 |
| tatement ofCash flows | fo | r year | e | nd | ed | 31"March | 2021 |
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| 8 | 8 | ||||||
| Cash flows from operating activities: Net cash provided by (used in) operating |
activities | ~1404 ~1404 |
~138736 138736 |
||||
| Cash flows from Investing activities: Dividends snd interest |
295 | 1,292 | |||||
| Purchase of tangible fixed assets Net cash provided by (used in) Investing |
activities | 295 | ~1292 | ||||
| Cash flows from financing activities: |
|||||||
| Repayments on borrowing |
|||||||
| Cash inflows from new borrowing | |||||||
| Net cash provided by (used In) financing |
activities | ||||||
| Change in cash and cash equivalents in the Cash and cash equivalents at the beginning Cash and cash equivalents st the end of |
reporting period ofthe reporting period the reporting period |
1,699 ~540 661 ~542 360 |
140,028 400,633 ~540 661 |
||||
| Reconciliation ofnet movement In funds |
to net cash | flow from | 2021f | 2020 | |||
| Net movement in funds for the reporting |
period (ss per | 175,920 | 129,740 | ||||
| Adjustments for; |
|||||||
| Depreciation charges Interest received (Increase) / decrease in debtors Increase / (decrease) in creditors Net cash provided by (used in) operating |
activities | (295) (229,982) ~55 761 ~1404 |
(1,292) (3,368)— ~13656 ~138736 |
||||
| Analysis ofcash and cash equivalents | 2021f | 2020 6 |
|||||
| Cash at bank and in hand | 542,360 | 540,661 | |||||
| Notice deposits (less than 30 days) Total cash and cash equivalents |
~542 360 | ~540 661 |
| 2 Donations and legacies |
2021 Unrestricted |
2021 Restflcted |
2021 Total |
2020 Total |
||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| E | E | E | ||||
| General donations |
326 | |||||
| 326 | ||||||
| 3 Grants for charitable activities |
2021 | 2021 | 2021 | 2020 | ||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| E | E | |||||
| City & County ofSwansea -core funding -Third Sector Broker -Refugee Resettlement Neath Port Talbot Borough Council |
-core | 80,560 | 142,935 24,516 13,971 |
142,935 24,516 13,971 80,560 |
142,934 42,027 3,416 80,000 |
|
| Welsh Government -Advicslink - Debt &other specialist -Advicelink —Community Focus -Advicelink -Test and Leam - Advicelink - Pension Credit -Better Advice, Better Lives - Communities Focus - Frontline Advice -Money Advice Service - Money Advice Service redundancy |
advice reserve |
304,438 385,998 59,591 |
304,438 385,998 59,591 29,660 |
71,167 94,173 113,743 90,000 92,958 136,944 17,898 |
||
| Swansea Council for Voluntary Service - Integrated Care Fund Swansea Bey Health Board -health outreach Citizens Advice - Help to Claim Community Foundation - Covid fund BEIS- remote working fund Big Lottery -Making Sense of Money Miscellaneous small grants |
1 266 81826 |
46,160 27,395 103,854 15,400 8,870 7,500 1 170,288 |
46,160 27,395 103,854 15,400 8,870 7,500 1 266 1,252, 114 |
37,388 27,395 143,615 2,500 6750 1,102,908 |
||
| 4 Other trading activities | 2021 Unrestricted |
2021 Restricted |
2021 Total |
2020 Total |
||
| funds | funds | funds | funds | |||
| E | F | E | ||||
| Room hire | 330 | |||||
| 5 Investmsnts | 2021 | 2021 | 2021 | 2020 | ||
| UnresVtcted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| E | 9 | E | E | |||
| Interest receivable | 295 | 295 | 1 292 | |||
| 295 | 295 | 1,292 |
| 6 Staffcosts and nunlbers | 2021f | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross salaries Social security costs Employment agowance Pensions |
786,X4 80,802 (4,000) 43 178 |
675,011 63,783 (3,000) 39267 |
|||||||
| 885384 | 785,081 | ||||||||
| The average number ofemployees |
during | the | year was | 37(2020:34). | |||||
| The average number ofempkryees |
during | the | year snalysed | by function was: | |||||
| 2021 | 2020 | ||||||||
| 6 | f | ||||||||
| Advisers | 27 | 23 | |||||||
| Managers | 4 | 6 | |||||||
| Support and administration |
6 | 6 | |||||||
| 37 | 34 | ||||||||
| There were no employees | with emoluments | above 680,000, | |||||||
| Defined contribution pension scheme |
2021 | 2020 | |||||||
| Costs ofthe scheme to the Amount of any contributions |
charily for the outstanding |
year at the |
year end | x 43,178 6,351 |
38,267 6,348 |
||||
| The charily conbibutes up loStt of pensionable earnings to aU employees, There ls no final salary scheme. |
as | part ofan auto.enrolmsnt | scheme to People's Pension which Is open |
| 9 Charity Funds | Balance b/f at 1.4.20 |
Incoming | Outgoing | Trsrlsfers | Balance crf al 31.3.21 |
|
|---|---|---|---|---|---|---|
| E | E | |||||
| Swansea - general advice snd | 6,768 | 187,450 | 129,936 | 44,281 | ||
| Third Sector Broker | ||||||
| Swansea - Refugee resettlement |
13,971 | «,Tee | ||||
| Welsh Govemmenb -Advlcegnk- Debt 8 other speclsesl - Advicegnk -Commungy Focus -Advmegnk -Test and Leam -Advmeenk - Pension Grade - Better Advice, Better Lives - Commurehes Focus - Fromene Advice - Money Advice Service - Money Advice Sewlce redundancy |
advice reserve |
16,370 24,003 26,858 4,244 e,eee 9,768 17,898 |
304,439 385,998 69,591 29,eeo |
290,931 369,833 26,885 8,742 |
29,877 40,167 30,706 20,919 26,858 4,244 9,568 9,768 17,898 |
|
| Swansea Councg for Voluntary Service - Integrated Cere Fund Swansea Bsy Heskh Board -health outreach Citizens Advice - Help to Claim Community Foundation -Covld fund BEIS- remote working fund Big Lottery - Making Sense of Money People's Postcode Lottery Torsi Resafcfed Funds |
4,118 3,079 14,613 1,667 1643 139,476 |
46,160 27,396 103,854 15,400 8,870 7,600 1,170,288 |
47,508 fe,ees 97,838 4,131 6,437 6,276 1,018,246 |
2,770 13,610 20,829 11,289 3,433 2,781 1 643 291,617 |
||
| Irmusbirved funda |
370,614 | 83,639 | 59,661 | 394,492 | ||
| Total funds | 610,089 | 1,253,827 | 1,077,907 | 686,009 | ||
| Charity Funds -comparative movement |
Bmance brr at 1.4,19 |
Incontbrg | Dutgolrlg | Transfers | Balance crf at 31.3.20 |
|
| E | E | |||||
| Swansea - general advice snd |
188,377 | 181,611 | 6,766 | |||
| Third Sector Broker | ||||||
| Welsh Govemmenb -Advlcegnk -Debt Iu other specisNst -Advlceenk - Communky Foous - BeNer Advice, Better Uves -Communities Focus —— —-Fronelne Advice |
adtdce | 8,75D | 71,167 94,173 113,743 80,000 92.958 |
64,797 70,170 ee,e35 86,766 XXKIO |
16,370 24,003 26,868 4,244 9,668 |
|
| -Money Advice Smvlce -Money Advice Smvlce redundancy |
reserve | 138,e44 17,898 |
127,188 | 9,769 17.898 |
||
| 6wensea Councg for Voluntary Service - Integrated Care Fund Swansea Bay Health Board- beech outreach Citizens Advice - Help lo Claim Big LoNery - Making Sense of Money People's Postcode Loeery Total Resfrfcyed Funds |
I 643 10,393 |
37,388 27,395 143,616 2,500 1,018,158 |
33,270 24,316 129,0D2 943 887,076 |
4,118 3,079 14,613 1,667 1 643 139,476 |
||
| trnresfrfcfed funds |
389,956 | 90,080 | 89,402 | 370,614 | ||
| Total funds | 380,349 | 1,106218 | 976,478 | 610,089 |
| 9 Restricted funds (contlnuedf | 9 Restricted funds (contlnuedf | |||||
|---|---|---|---|---|---|---|
| Fund name | Purpose ofrestriction | |||||
| Swansea - general advice | provided by the City snd County cfSwansea lo support focal Citizens Advice |
|||||
| deiivwy within the county, |
||||||
| Swansea - Third Sector Broker | to act es e referral agent lo local voluntary groups to reduce sodel isolation. |
|||||
| Swansea - Refugee resettlement | degvery ofwelfare benelils support and debt advice as part ofthe refugee |
|||||
| resettlement progmmme. |
||||||
| Welsh Government | ||||||
| -Advicegnk -Debt 9other spedalist | edvke | to ensure people have access lo specialist advice snd support In relation |
lo | |||
| services providing benefits, debt, housing, employment end dlsorsnlnallon |
rights advice | |||||
| -Advlcefillk -Comnwnky | Focus | for Ihe degvery of social welfare Informagon snd advice up to end induding |
gensrefist advice | |||
| - Adviceilnk -Test end Leam | welfare benefits take-up campaign to reise awareness around income |
|||||
| mmdmisstion and aooess to Information end pracgcai support |
||||||
| —Advlcegnk -Pension Credit | supporting a Pension Credit uptake campaign with overarching reach across |
|||||
| Local Authority and Third sector swvlces. |
||||||
| - Better Advice, Better Lives | cm!sed Decwnber 2019 —to provide advice In health centres on benefks take up. | |||||
| -Communities Focus |
cursed December 2018-to fund advice work dsfivered in former Communities |
|||||
| First ctustem. | ||||||
| -Frontgne Advice |
ceased December 2019-to fund spedalfst welfare benefits edge. |
|||||
| -Money Advice Ssrvke | ceased December 2019-to fund debt advke services | |||||
| - Money Advice Service redundancy | reserve | redundancy llabfifiy reserve fofiowing cessation ofprevious money advice |
service | |||
| Swansea Council for Voluntary | Service | |||||
| - Integrated Cars Fund |
to work in four GP oluslsr areas with a foous on awareness, early Intervention, |
|||||
| prevention and wefibelng, |
||||||
| Swansea Bsy Health Board | - health outreach | provided by Swansea Bay University Health Board lo deliver advice |
||||
| services In local health centres. |
||||||
| Clfizens Advice - I-kdp to Claim | lo provide support for Universal Credit delmants up lo their first payments |
|||||
| under that benefk. | ||||||
| Community Foundation -Covld |
fund | to assist In making ths chsdty's premises ready end safe for customers and |
||||
| staff to return, when appropriate to do so. |
||||||
| BEIS- remote working fund |
to enable Ihe purchase of new equipment end associated costs to fecNltete |
home | ||||
| working. | ||||||
| Big Lottery- Makfng Sense of Money |
to help chgdren, young people end adults to understand end manage their tlnences better. |
|||||
| People's Postcode Lcltery | to provide additional IT equfpment and part funding of staff houm to suppon |
|||||
| people affected by the roll-out of Universal Credit. |
| 10 | Debtors and prepayments | Debtors and prepayments | Debtors and prepayments | 2021 | 2020 |
|---|---|---|---|---|---|
| E | |||||
| Debtors (including | accrued income) | 227,707 | |||
| Prepayments | 3257 | 20182 | |||
| 250,964 | 20,982 | ||||
| 11 | Cash at bank | and | In hand | 2021 | 2020 |
| E | E | ||||
| CAF bank ctsrent | account | 142,859 | 156,455 | ||
| CAF bank deposit | account | 235,626 | 220,525 | ||
| COIF Charltiss | deposit fund | 163,671 | 163,477 | ||
| PeNy cash | 204 | 204 | |||
| 542,360 | 540,661 | ||||
| 12 | Creditors and |
accruals | 2021 | 2020 | |
| Social security | and other taxes | 16,999 | 12,711 | ||
| Creditors | 6,351 | 5,348 | |||
| Accrusls and deferred income |
83,965 | 33,495 | |||
| 107,315 | 51,554 |
| in relation to Insuranc | e, I |
Tsupport an |
d in | formation services. |
||||
|---|---|---|---|---|---|---|---|---|
| 14 | Operating leases |
|||||||
| Expected future minimum |
lease payments | over the remaining | life | 2021 | 2020 | |||
| ofthe lease, analysed | into the period | in which the commitment | ||||||
| expires: | ||||||||
| Land end Property | ||||||||
| f | ||||||||
| Within one year | 39,000 | 39,000 | ||||||
| In the second to fifth | years indusive | 42,633 | 3,633 | |||||
| Over five years from | the balance sheet date | |||||||
| 81,633 | 42,633 | |||||||
| ONce Equipment | ||||||||
| Within one year | 1,440 | 1,603 | ||||||
| In the second to fifth years induslve | 1,440 | |||||||
| Over five years from the balance sheet date | ||||||||
| 2,880 |
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Restdcted | Restricted | Total | Total | ||
| funds | funds | funds | funds | funds | funds | ||
| E | E | E | E | ||||
| Income | |||||||
| DoneUons and legades |
326 | 326 | |||||
| Grants - Charitable activities |
81,826 | 86,750 | 1,170,288 | 1,016,158 | 1,252,114 | 1,102,908 | |
| Other trading adivities |
330 | ||||||
| Investments Other |
295 ~1418 |
1,292 ~1362 |
295 ~1418 |
1,292 1 362 |
|||
| Total Income | 83,539 | 90,060 | 1,170,288 | 1,016,158 | 1,253,827 | 1,106,218 | |
| Expenditure | |||||||
| Salaries, Nl &Pension |
41,132 | 72,996 | 824,152 | 692,065 | 865,284 | 765,061 | |
| Other staff costs | 5,449 | 353 | 36,708 | 6,309 | 42,157 | 5,662 | |
| Recruilmsnt | 2,957 | 214 | 5,803 | 1,424 | 8,760 | 1,638 | |
| Travel, training and refreshmsnts |
1,353 | 1,130 | 4,970 | 30,648 | 6,323 | 31,778 | |
| Computer expenses | 214 | 557 | 13,284 | 26,788 | 13,498 | 27,345 | |
| Insurance | 817 | 877 | 10,603 | 6,384 | 11,420 | 7,261 | |
| Office equipment expense Postage, printing and stationery Publicity and promotion |
88 451 |
357 1,125 4 |
2,126 6,229 |
7,753 8,373 141 |
2,212 6,680 |
8,110 9,498 145 |
|
| Subscrlptions snd reference |
322 | 1,139 | 14,808 | 10,699 | 15,130 | 11,838 | |
| materials | |||||||
| Telephone & Communications Finance management |
1,355 354 |
953 502 |
20,594 4,345 |
15,318 3,654 |
21,949 4,899 |
16,271 4,156 |
|
| Jntsvpcstattvg rsrd translation |
46 | 460 | 506 | ||||
| semissa | |||||||
| Cleaning, repairs &maintenance |
277 | 765 | 4,402 | 7,559 | 4,679 | 8,324 | |
| Heat &light | 431 | 933 | 6,089 | 6,766 | 6,520 | 7,689 | |
| Rent, service charges end | water | 3,443 | 6,348 | 48,605 | 54,732 | 52,048 | 61,080 |
| Room hire | 228 | 228 | |||||
| Bank charges | 31 | 5 | 38 | 55 | 69 | 60 | |
| Accountancy and audit fees |
310 | 533 | 4,550 | 4,415 | 4,860 | 4,948 | |
| Legal snd HR consultancy | fees | 633 | 453 | 9,270 | 3,755 | 9,903 | 4,208 |
| Trustee expenses | 146 | - | 1,207 | - | 1,353 | ||
| Other costs | 12 | 982 | 41 | 982 | 53 | ||
| Total expenditure | 59,661 | 89,402 | 1,018,246 | 887,076 | 1,077,907 | 976,478 | |
| Net income I(expenditure) Net movemsnt in funds |
23,878 ~23 878 |
658 658 |
152,042 ~152042 |
129,082 ~129082 |
175,920 ~176 920 |
129,740 ~129 740 |
|
| Fund balances brought forward | 370614 | 369956 | 139475 | 10393 | 510089 | 380349 | |
| Fund balances carried forward | 394,492 | 370,614 | 291,517 | 139,475 | 686,009 | 510,089 |
| DWP | - | Department | ofWork and Pensions |
|---|---|---|---|
| Personal | Independence Payment. |
||
| SOFA | - | Statement | of Financial Activities. |
| SORP | - | Statement | ofRecommended Practice. |
| WG- | Welsh Government. |