REGISTERED COMPANY NUMBER: 2864166 (England and Wales) REGISTERED CHARITY NUMBER: 1050273 REPORT OF THE TRUSTEESAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ARTS CARE GOFAL CELF AOHDJ6Z7 Of41212024 COMPANIES HOUSE A19
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HB Enoch a'nd Owen Ltd Chartered Accountants and Chartered Tax Advisers I Spilman St Carmarthen SA31 ILE
ARTS CARE GOFAL CELF CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9-17
ARTS CARE GOFAL CELF (REGISTERED NUMBER: 2864166) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The directors present their annual report with the accounts of the company for the year ended 31 March 2024. PRINCIPAL ACTIVITIES The principal activity of the company in the year under review was to improve and enhance the health, wellbeing and quality of life of individuals and communities primarily in West Wales, by the provision of arts based training and activities. DIREcfoRS Or Rowena Davies (Chairl David John James Ruth Lewis Anna Vaughan Bevan Silk Geraint Roberts Eldeg Wyn Rosser Daniel Gary Rowbotham Resigned 15th May 2023 The Dirertors also act as Trustees of the charity. PRESIDENT Rt Hon Lord Morris of Aberavon KG, QC Resigned 5th June 2023 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 2864166 {England and Wales) Registered Charity number 1050273 Registered office Ground Floor 24 King Street Carmarthen SA31 IBS
ARTS CARE GOFAL CELF (REGISTERED NUMBER: 2864166) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES Objectives and alms To enable the provision of high quality arts services and projects for people predominantly (though not exclusively) in West Wales. Arts Care Gofal Celf IACGCI was established in 1986 to work in partnership with Social Services and Health Authorities to co-ordinate a specialist programrne for people with mental health problems. Since then, it has widened its brief to work with communities across the area in partnership with a wide range of voluntary and statutory bodies. with a particular specialism in developing projects for those disadvantaged by i11-health, substance misuse. disability and other causes of social exclusion. The main alms of ACGC'S programmes are: To develop artistic programmes that meet the aims and aspirations of people from all sections of the community living in West Wales. - To continue to be at the forefront of the development of Arts in health and wellbeing contexts. - To develop its unique resource of Arts practitioners, to ensure project delivery of the highest possible standard. During the year under review. ie April 2023 to March 2024. ACGC has consolidated itself as a quality provider of Arts services in health, social care and community sectors in West Wales. In the 12 months under review, ACGC: Consolidated its annual revenue funding a8reement with the Arts Council of Wales. Continued To deliver its annual mental health programme in partnership with Carmarthenshire County Council and Hywel Dda health Board. Delivered a diverse and comprehensive community dance programme across Carmarthenshire and Pembrokeshire. Developed new and existing partnerships to enable Arts programmes for a wide range of beneficiaries. Continued to develop its Gallery, Oriel Bevan Jones. providing opportunities for its registered artists to exhibit and sell work and to contribute to ACGC'S income. The Gallery has played a significant role in raising the profile of the work of the organisation.
ARTS CARE GOFAL CELF (REGISTERED NUMBER: 2864166) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRucfuRE. GOVERNANCE AND MANAGEMENT ACGC is a registered charity and company limited by guarantee. It is governed by Its Memorandum and Articles of Association. Following an introductory meeting with the chair and chief executive officer, potential trustees are invited to attend a board meeting at which their application for membership is discussed. Both parties will consider the appointment and the decision will be ratified at the subsequent board meeting. There is no provision for the appointment of trustees by any external person or body. FINANCIAL REVIEW The trustees review annually the level of reserves held. The charity aims to achieve reserves equivalent to at least six months running costs and is working to try to achieve this. The statement of Financial Activities shows a deficit for the year. The directors expect financial performance to improve for the year to 31 March 2025. DIVIDEND The Memorandum of the Company does not allow the payment of a dividend. CHARITABLE STATUS The company acquired charitable status on 30 October 1995. RISK ASSESSMENT The trustees have considered and assessed every risk that could affect the charity. The risk assessment process encompassed not only the financial situation but also Strategic and circumstantial considerations. The trustees confirm that systems have been established to mitigate all such risks identified as part of this process. REPORTING ACCOUNTANTS The company was entitled to audit exemption for the year under review. A resolution proposing the reappointment of H B Enoch and Owen Ltd as reporting accountants to the company will be put to the Annual General Meeting.
ARTS CARE GOFAL CELF (REGISTERED NUMBER: 2864166) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees (who are also the directors of Arts Care Gofal Celf for the purposes of company lawl are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Gener311y Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resource5 and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements. the trustees are required to select suitable accounting policies and then apply them consistently: obseNe the methods and principles in the Charity SORP- make judgements and estimates that are reasonable and prudent,- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting record5 which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. ON BEHALF OF THE BOARD: Trustee Print Date:
INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF ARTS CARE GOFAL CELF (REGISTERED NUMBER: 2864166) We report on the accounts forthe year ended 31 March 2024 set out on pages six to seventeen. RespertNe responsibilities of trustees and examiners The charity's trustees (who are also the directors forthe purposes of company law) are responsible for the preparation of the accounts. The charity's trustees considerthat an audit is not required for this vear (under Section 144<21 of the Charities Act 2011 {the 2011 Act} and that an independent examination is required. Having satisfied ourselves that the charity is not subject to audit under cornpany law and is eligible for independent examination, it is our responsibility to- examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(51{bl of the 2011 Act)- and To state whether particular matters have come to our attention. Basls of the independent examlners report Our examination was carried out in accordance wth the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a 'true and fair vie and the report is limited to those matters set out in the statements below. Independent examiners statement In connection with our examination, no matter has come to our attention". Which gives us reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and to prepare accounts which accord with the accounting records, comply with the accounting requirement5 of Settions 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting bv To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. HB Enoch & Owen Ltd Chartered Accountant5 and Chartered Tax Advisers I Spilman St Carmarthen SA31 ILE Date: ...
ARTS CARE GOFAL CELF (COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2024 Totsl Totsl Unrestrirted Designated Funds Funds Total Restricted Funds Funds 2024 Funds 2023 Income and Expendlture Incomlng resources Gallery Income121 Other Income121 Trading Income121 Local Authority121 Arts Council of Wales121 Health Board121 Other Grant Income121 24.832 948 35,017 24,832 2.598 91.911 59.001 158,788 52,082 32.947 31,191 765 58,846 48,335 148,303 20,404 58,548 1.650 56.894 55.095 IS,090 47,230 29.283 143.698 4,852 3.664 Total In¢ominB Reserves 216.916 205.242 422.159 366.392 Resources Used Direct Charitable EXPendire Project Costs141 Support Costs151 Admlnlstration Costs {61 Gallery Costs171 66.440 99,413 16.317 52.144 205.243 271.683 99.413 16,317 52.144 231.988 93,601 13,754 54,249 234314 205,243 439.557 393,592 Net incoming / loutgoingl resources before transfers TransferslFunds Introduced 117.3981 117,3981 127,2001 Net movements in funds (17.3981 117.398) 127.2001 Balances brought forward at31 March 2023 57.351 64.852 92.052 Balances carrled forward at 31 March 2024 39.953 7,500 47.454 64,852 Continuing operati¢n All of the company's activities (operations) in the above two financial years derived from continuing operations.
ARTS CARE GOFAL CELF (COMPANY LIMITED BY GUARANTEE) COMPANY NO: 2864166 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note FIXED ASSETS Tangible Intangible 7.586 9.155 io CURRENT ASSETS Stock Debtors Cash at bank and in hand 890 13.961 63.450 890 6.792 86.439 li 78.301 94.121 CREDrfoRS Amounts falling due within one year 12 38.433 38.424 NEf CURRENT ASSErs 39,868 55,697 TOTAL ASSETS LESS CURRENT LIA8ILITIE5 47.454 64,852 TOTAL ASSErs 47,454 64,852 RESERVES Unrestricted funds Designated funds Restrirted funds 13 14 15 39,953 7.500 57.351 7,500 47,454 64,852
ARTS CARE GOFAL CELF (COMPANY LIMITED BY GUARANTEE) COMPANY NO: 2864166 BALANCE SHEET AS AT 31 MARCH 2024 Approval For the financial year ended 31 March 2024 the company was entitled to exemption from audit undersection 477 Companies Art 216. and no notice has been deposited undersection 476B. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and preparing accounts whlch give a true and fair view of the state of affairs of the company as at the year end and of its profit for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise complywith the requirements of the Companies Art 2006. so frdr as applicable to the company. The accounts have been prepared in accordance with the special provision relating to small companies within Part 15 of the Companies Act 2006 and in accordance with section IA of FRS 102. . l ! . Z<>2.* and were signed on their These accounts were approved by the dirertors on.............. . behalf by Ign Print Sign DIREcfoRS Print
ARTS CARE GOFAL CELF (COMPANY LIMITED BY GUARANTEE) NOTES ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 AccouNfiNG POUCIES Basis of Preparation of Financial Statements. The financial statements have been prepared in accordance with Companies Act 2006. as amended. and with applicable Accountaing Standards. The accounts have been prepared using section IA of FRS 102. Going Concem Basis of Accounting The accounts have been prepared on the assumption that the company is able to carry on business a5 a 8oing concern, which the dirertors consider approPrte. The financial statements show a deficit for this financial year. The directors expect a surplus next year. Accountlng Conventi The financial statements have been prepared under the historic cost convention. b) Income The policies followed, which deal with income. voluntary assistance and donations. are-. cash donations. gifts and legacies are included in full in the statement of financial activities and summary income and expenditure account as soon as they are received, except for gifts and legacies for permanent endowment funds, which are accounted for along with other such funds. with only the income received on such assets being included in the statement of financial actiwties and summary income and expenture account. cash received from fund raising events is included in the statement of financial activities and summary income and expenditure account as soon as it is received by the trustees. grants receivable included in the statement of financial activities and summary income and expenditure account are recognised in the period applicable. any future payments are deferred correctly in the balance sheet. iv) donations in kind. eg. facilities, are not valued for accounting purposes. Where donations in kind are judged to be material however, the extent of such support would be disclosed in a Separate note.
ARTS CARE GOFAL CELF (COMPANY LIMITED BY GUARANTEE) NOTES ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 investment incorne dividends and bank account interest are included in the statement of financial activities and summary income and expenditure account when they are rèceivable. as a gross amount if receivable gross or an amount vthich includes tax credits recoverable from H M Revenue & Customs if receivable net of tax. vi all income is induded as a gross amount. not net of any expenses. Flxed Assets Fixed assets are stated at cost less depreciation. The cost of depreciating fixed assets is written off on a reducing balance basis at a rate of 20% per annurn. d) Investments The trustees of this charity have no investment property assets. Valuation gains and losses are recorded as unrealised gains and losses in the statement of financial attivities and included in the summary income and expenditure account. Profits and losses realised on the sale of investments are recorded as realised gains and losses in the statement of financial activitie5 and included in the summory income and expenditure account. Cash Flow The accounts do not include cash flow Statements because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement. Guarantee The liability of each member is limited to a maximum sum of £1. The liability ceases one Year after ceasingto be a member of the company.
ARTS CARE GOFAL CELF (COMPANY LIMITED BY GUARANTEE) NOTES ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME RESOURCES Totsl Unrestricted Restricted TRADING INCOME Workshop fee Room hire Dance Money Classes Adoption UK'S Children & Youn8 People Llwynhendy ICC Carmarthen Town 8id Ammanford Art Group Caerphilly Arts Avril 8racey Ballet Cymru Carmarthen Locomotion Cheryl Rendell E Mor8an CCC Communities4W+ Crymych Leisure Centre Ffwrnes Theatre Felinfoel Integrated CC Fundraising/donations Links Llanelli Living Memories Golden Oldies WWHAM The Rowan Organisation Pembrokeshire Peoples First Impello S Phillips H Jones Diverse Cymru S Hopkins Lee Hind Llanpumsaint Social Space MS Society Aberjazz Ty Cwm Gwendraeth Merlin Walk Stroke Club Carmarthen 4,479 24.202 610 1.269 1.175 130 9.141 115 6.930 1.800 168 630 2,600 -900 680 398 4,611 2.318 165 75 1,496 4,053 1.523 555 4.053 3.717 4,479 24.202 610 1,269 1,175 130 9,141 115 6,930 1,800 168 567 2,600 -900 680 398 63 4.611 2,318 165 75 1,496 4,053 1.523 555 3,648 3,345 4,329 3,648 1,159 3.801 660 loo 858 428 50 405 372 4,OS3 1,159 3,801 660 loo 858 428 405 91.911 35,017 56,894
ARTS CARE GOFAL CELF (COMPANY UMITED BY GUARANTEE) NOTES ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Total Uwestritted Restricted LOCAL AUTHORITY Pembrokeshire Countycounal Carmarthenshire Countycounal Ceredigion County Council Gwynedd County Counol Pembs CC- Leisure Powys CC 15,955 20.297 17.850 924 3,975 15.9S5 18,268 16.065 832 3,975 2,029 1,785 92 59.IXII 3,906 55.095 ARTS COUNCILOFWALES Core Grant Cost of Living Gwella ACW Lottery 134,893 8,400 405 15.090 158.788 134.893 405 15,090 15.090 143,698 HEALTH BOARD Hywel Dda 52,082 S2,082 4,852 4,852 47,230 47.230 OTHERGRANTINCOME Pembrokeshire Association Community Foundation ofWale5 Co-op CAVS Antur Teifi PAVS Careres Moondance Foundation NESTA 2.000 47 1,427 13,979 12,290 2.OCN) 47 414 1.013 11.729 11.290 2,250 2.396 2.396 32,947 29.283 OTHER Bank Interest Bank Loyalty Reward Menter Cwm Gwendraeth DBC check 788 788 1,650 76 2,598 1.650 76 1.650 Gallery Income 24,832 24,832
ARTS CARE GOFAL CARE (COMPANY LIMITED BY GUARANTEE) NOTES ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 STAFF During the year. the average numberof employees was as follows: 2024 2023 Directors Administration/Support Project Workers Is 15 The aggregate payroll costs of these persons were as follows: 2024 2023 Wages and Salarie5 Social Security Costs 130.559 16.399 119,267 14.252 146,958 133.519 No remuneration was paid to directors during the year. PROJEcf COSTS Unrestrirted Restricted Total 2024 Total 2023 Activities Telephone Printing, stationery & postage Travel Training Insurance Refreshments Equipment Venue Hire Subscriptions 63.864 477 505 203.803 267.667 477 228,562 565 331 505 198 1,396 198 1.396 1,386 1.144 66.440 205.243 271.683 231.988
ARTS CARE GOFAL CARE (COMPANY LIMITED BY GUARANTEE NOTES ON THE ACCOUNTS FOR ThE YEAR ENDED 31 MARCH 2024 SUPPORT cosrs Unrestricted Restrirted Total 2024 Totsl 2023 Salaries Trainin8 Telephone Printing & Stationery Alarms Insurance 78.374 78.374 72,224 25 565 331 252 1,386 6,293 6,885 1,590 2,289 480 477 505 282 1,396 S,580 7.075 1.714 1,896 477 505 282 1.396 5.580 7.075 1.714 1.896 Rent & Rates Heat & Light Financial Costs Oepreciation Cleaning Travel 529 Subscriptions Moving Costs Repairs & Maintenance Marketing 383 383 310 200 70 70 191 539 539 52 99,413 99.413 93,602 ADMINISTRAnoN COSTS Salaries- Administration Telephone Printing & Stationerv Software/Online subscriptions Equipment Costs Sundrie5 Postage Solicitor Fees Web Design update Refreshment Job Advert Subscriptions Translation 9,612 477 50S 1,088 2,510 299 159 420 460 6% 9,612 477 505 8.568 565 331 1,391 2,117 23 63 1,088 2.510 299 159 420 331 261 105 696 16.317 16.317 13,755
ARTS CARE GOFAL CELF {COMPANY LIMITED BY GUARANTEE) NOTES ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 rJALLERYcosrs 2023 Salarles- Gallery Postagè, printing and stationery Equipment C05ts Card machine costs Telephone Volunteer expetbses Gallery Artist Payments Collectorplan Interest Music License Repairs MaintenarKe Marketin8 Rent 9,612 831 9,612 831 8.567 573 581 356 565 1,955 23,367 78 344 42 193 io.c 510 256 4T1 1.605 510 477 1.605 20.665 19 327 9.996 1207 228 3,210 96 321 1.396 I.5 327 9.996 Rates Alarms Heat & U8ht Refreshments Sundrles Insurance Oeanin 3,210 3.441 337 144 321 1.396 819 52,144 50.937 53.096 SURPLUS FOR TH£ YEAft 2024 The deficit Is rtated after the following.. Depreeiatron 2.289 FIXED ASSETS Computer Gallery Total COST At 1.4.23 Additions Oisposals 25.586 9,761 327 48.795 327 At 31.3.24 13,448 2S,586 10.088 49,122 DEPRECIATION At 1.4.23 Charge Disposals 12.915 106 21,951 727 4.774 1.063 39,640 1.896 At 31.3.24 13.021 22.678 5.837 41,536 NET BOOK VALUE At 31.3.24 427 4,2SI 7.5B6 At 31.3.23 533 3.635 4.987 9,155
ARTS CARE GOFAL CELF (COMPANY LIMITED BY GUARANTEE) NOTES ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 10 INTANG18LE ASSETS COST ADDITIONS 2,584 DEPRECIATION At 1st April 2023 Charge 2,584 At 31st March 2024 2.584 NET BOOK VALUE At 31st Marth 2024 At 31st March 2023 2024 2023 11 DEBTORS Trade Debtor5 13,961 6,792 12 CREDITORS Monies received in advance Sundry Creditors 34,472 3,961 35,220 3.204 38,433 38,424 13 UNRESTRICTED FUNDS Balance as at 31st March 2023 Movement in the year 57.351 {17.398) 82,417 125,0651 Balance as at 31st March 2024 39,953 57,352
ARTS CARE GOFAL CELF (COMPANY LIMITED BY GUARANTEE) NOTES ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 14 DESIGNATED FUND Balance 31 March 2023 Movement in Resources Balance Incorning ¢tgoIng 31 March 2024 Redundancy Fund 7.5Q) 7,500 7.500 7,500 The directors have decided to allocate monies to a designated fund to cover the potential redundancy liability should the charity cease to operate or fail to secure adequate funding. 15 RESTRICTED FUNDS Balance 31 March 2023 Movement In Resources Balance Incorning Outging 31 March 2024 Attivities (il 205.242 -205,243 205,242 -205.243 lil Activies include income and expenditure from page 6 excluding the office fund. 16 ANALYSIS OF NET ASSET BETWEEN FUNDS Tangible Fixed Intangible Net Current Fixed Assetsl Assets ilabilities Total Restricted Fund5 Designated Funds 7,500 7,500 Unrestrirted Funds 7.586 32.368 39,954 7,586 39,868 47,454