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2021-01-31-accounts

lrustees’ Report Deri Regeneration: Graup, Deri:CommuniteCentre ¥ Riverside Walk, Deri,. Bargeed. www: dericomnrninitycentre: btchk-co:uke:

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John Vincent, Wavid Nardacre; David Michotas Jilf Roberts Booking Officer: ilyn Evans-OF0Se203094,1. Caretaker Td Be appeinted Accountants

Solicitor Michael' Leighton Jones! SEMankury- Road Bargued!

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« The Deri RegeneraGén Graupiadapted a GDS Citarity Commissian Model Constitution as an Unincorporated Association in Fébruary Z000.. eoNEGroup of far the a TrastGesnumberofhaveyears. been a partiof the Deri Reganeration: ~ Anyone wishing 4 join tWe-graup: is: encouraged’ta attend = * wouldMembersean be co-opted anto thesgraupuntil the AGN when they intending) gathrough taking onthear n o fficerrmal elec pas t iral: praweseif they were * Since the building ofthe:Community Centre was completed the: Dur Regeneration Group: haa managed theoorganisation afithe: building and the sullSequent running of the facility 6:dateaiong withMemorial the nunningGardenofsituatedthe Mult!at: Use:GThe D a rran.mesn Ares (UGA and the Governance& Management a eo Managenrentisystems are in place: or are:being organised... ecOppartanities‘Child numberof paliciesiare in place includingnEqual Protectianand Healthid Satéty: policies.

s More freqoent: maetings are held if inpaortant events: orissums need te bewliscussed!or dealt with: « All d&cisions.are:voted on by the:Committes:at meetings. Objectives Five-objectof the:Citarityare: to promote the: benefit of the inhabitants af Déti and! theneightioricod (hercianftes called the area ofbenefit ‘Without distinetion ofisemsemual orientation, racecar political;ef redigious.sailerganizatians,inbabitentsos etherinand apinions.acommon the tocalliThieffort s uthorities,isdaneto:advancebyvoluntaryassoeiatingtogethereducationand anditaother: provide: the facilities in theinterestsof social welfare fonrecreation and teisure-. timecoccupation,the vaid inkublifants’..... withthe abject of improvingthe conditions of life for Aims We! aim ta makera difference to the carnmnunity hy providingja public hulidingeducational thatis fully-accessibieGpportimifies. andWeaim provids:to: providesoclal,tie recreationalfallowing: andl! om To:withia promatetheis theawnnecruitmentiandcommunity:within tesininga. venue of volunteersfit fonpurpase....to:work: om functionsieuchTo: provide avenuefor the lecal communityto organise sactal asweddings; finerals,; varicus family parties ass well ag community events and astivitics, oem To evabie outsideagercinsto: suppartiand infonn thecommunity: through educationallevents and ami meetings by hiring thre: facility:te cany.aut their delivery. o~ To: provide a facility-toiennbie-end encaurage the older members: of the community tecparticipate in a varietyof activities, promoting wellkelingy improving mentall Stimulation, centinuing the opportunityfor social Inter a nd!ction education for. life;: o» Toprovide avenue early years:thraughtote youngencour a dultesge andisupportin alllstagesiof youngdevelopment people franuna: with a varietyof activitias dblivered by: a variety ofiagenciés. o- To: provide a venue fdr unempleyed people to develop sills: through traininguand educatianal ogpartuniti¢a delivered by:

We agnncies. appropriate to need)! are-continuingta -vwork with outeea agencies such as:::

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Training)
Caerphilly County. Borough Council (Leisure Nept, Arte
Gredit Union:
2020 tai20241
ithas Sen an unssualiyearto say the last:
We started our year witinthe theeat of Cavidi Pandemic.
March 2020 saw the finest Lockdown.
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During the Inchdown wesregistered with “Funding Wales: re grantebeing:|| successful NCR Grant. of£45,000 with 5 grants:nvera 9 mentinperiod. We'wera aleo successfal with a local “Wind! turiiine “Grant afi 400000 whieh was: usedilas:-part paywent“towards: CCTY installation Ih thes: Centre; thisiis wow fullyfunctional.Runny cjasure general maintenance Schanges have beemmade sucthnas:s

  1. The intesier ofitie Centre haa been redecorated. 2. NGintaihed grass: cuttiig araumd the-Centre and in the Memorial Garden atong with thinning of the Plants and shrubs pis repairing ofexisting tHenches:;

  2. The aren Valley: Histery: Sosiety: have: erected a: metal War Memorialand a Red Poppy-:::bench: in the:[Memarialll] Garden which depicts a seliler~

  3. umber ofshairs:have:been rer upholstered ... 5. The: olf dishwasher has been replaced! and adjacent cupboards repained.

  4. Apprepriatereference advice!& guidanas: postersitave beem displayediiwith 7,; to tife safety: issues during the:Gdvid Pandemic; Hand sanitizer & distance markers are liv site ta comply; with Gavernment:Guidance:.....

&:: N@w fire: oxitisigne-are deployed .... 9." Niew. Fire Al@imidoer releases have been instatied on four internad doors.

We12 wks:=have:beenmakingieveryeffort to-reduce: running coxts over the last 1. Temporary. disconnection of WHI, lighting: kept toa minimunr. 2. Temporary: discannection of Bifa collection services resuitinq im SOAs retuction in costs;

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Weiareaowdooling forward tala replacement Carekaker..

After aafiffieudt: 14’months oftiusure; we look forwantitowespening and Previdiid services-once againy:

DennidTaunt e:W! Roberts:{Derk Regeneration Vice ChalimamGioup Ty Bryngwyn; MiliRoad, Pa a

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ACEOUNTANTSWREPORT =

ie accardance with. instrections:we. have: prepared: without: careying: outs anti audit, the: : : . . : | inceme:and. Expenditure dtcosniiset out on page? , franc tha accountinyrecords-af ours clients and'fram information anhexplanations recaived: we eee ee

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— Ageountantsiand Business Advisors Atigh Bireet CERTSEAL

Gave Grant 1,000 oo
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39,502: oe
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PED OL ID EE If Do GEESIS IEE HE LI DSID EE ISEI GIs: GEISGE SEE GEESE GLEE GIS HEPES GED GIS GRE GInsSD EDGE Gi GEE GEIEEEHID GEE ni iD n GEE Gili HEDENISnshiniin:

DERI REGENERATIONIFUND INDEPENOENTIEXAMINERS REPORWEO THETRUSTEES:

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RESPECTIVE RESPONSIBILITIES OFTHE TRUSERES-AND'THE REPORTING

tatUhgi charity's: trusses -arecrespensible:for the:preparatianiodithe accounts, and they consider | . : : ‘an:audit-is not required for this year {under section 144 of the Charities Act20} We Chanties:Acthiandithat anIndépendtnt examination is required, ees

BASTS:‘OF INDEPENDESTIE XAMINERS? REPORT:

CharityQurexaminatian was-caniéd.outin agcordance with the:Cleneral Mirestions given by thé the charity Clomurissioners:and.a comparisemal . Ait examination includés the:socounts:ipresented a reviewofwith thosethe accountingrecards, Itrecords also inchidGS kept.By considenation efany unusual iiems!ardiselosures im the: accounts and sesking explanations irom the trustees.conceming:amy such matters: The theevidéiiceithat procedittes undertaten deinot provideiall: epinion-on the accounts:andiwould! buxzeqniredin the repost anis audit limited andto:vonsequendy, thoaeumatiers weedeset oot notinexpressianthe statement audit

INDEPERDENT EXAMENDRS* SPA TEMES Te

Ih connection with ourexamination: nomatterhas came te ourattention:

: » toikeep accounting -resords accounting -resords -resords iv accordance accordance with’seetion 130 ofthe: Chanties Att) Chanties Att) Att) on * TO! prepare: prepare: accounts whichiaccard with the accpanting: reeords and ‘te and ‘te ‘te es have comply withthe accounting requirementyof the the Oharities Act __ __ cae not! Wen metsor metsoror 2 ioe {2} to-whick.in my-epinion, attention shaulit bealrava ir onter te enablea proper - / : / : ' understandingof the scceunts:to be reached, oe 7

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STATEMENT OF FINANCIAL ACTIVITIES{INCORPORATINGTHE =

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||||||||| |---|---|---|---|---|---|---|---| |Mirestrictad|Restricted|=Total Rumdss|©|Tetal|Finds)| |Fense|Funds|oe|ee| |Incoming|resounces|frum|~| |Avthaties|for|generating: fonds|ae|ec|erae| |Vollintary|income|828|RLS:|B20| |Grantee|30400|36,100)|PF| |chititable activities|ze|2558:|—|2,560"|1Q098| |Total Tnsoming Rasourcesix:|39,502:|~|39,502:|HDSG|:|:| |CostsResturces afipenerating Expondid funds|:| |Charitable|activities|3}|23,875|--|TESTS|23765| |Governanee costs|4335|oa|438|420| |NetYear Incanme/Ouatupingsethete|15,489:|~|15,489|“1BAIS| |Graes: Titasfers|~|.|ae|is| |NetReeoncilititionMovementiin:of Funds: Funds|1548977|~|15,488:|AG|288| |TotaliTotal|fund|brongtif: foeward|236,250)|1648|I37,89R|25802300|z| |Fad’ Carried Rérward|251,739|1,648|293,384|27805|

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‘TheMatementof Financial Activiiies:includes.all gains and losses in the yeer-and therefore. astatement of totalitecogniant! gainsand ‘losses hasnor been iprepared. AMLoftié abave amounts relate to continuing:activities..

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BALANCE'SHEET

ge BALANCE'SHEET
31/JANUARY,2021 a te
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Fixed Assets Pee eee
Castcatbank.& inhand... 63,802: a eh
Creditorse Amountsfillitigsdue
within one-year
Taga. Bb) BDBQSC
Total.Asets.Less.CurrentLiabilities: Liabilities: 253,384 37,808
Unrestricted income funds:
Resiritediincame Funds.
8:
3
2759
1,645
GTS
Wore
8
PetalBunds 253,aR¢ 237,898:

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NOTES:TO-THE FINANCIAL STATEMENTS: HET: AGBOUNTING PORECIES on: The: financial! statements have: been prepared under thesHistaricall cost: convention, andi fin) : a : : and!acsordaace ReportingwithbytleCharitiesCharitiesdesuedAct2011,in March!2005the: Statementiofiand with applicatieReeommendediPractineaccounting standards,“Acvounting; eae TheStandarntiNa:]Management: Committee: have taken advantage:ofthe’exemption in: Financtall/Reporting a : 7 proonds (evisedhiftom incliding a cash flew statement insthe finenciab Statements on Ihe. ae thatthe company pontalll! ae Bund accounting: : ~ ‘Unrestrictedgeneral: objectives: fimds-are of;mvanablether charity.for usestitheUnresizioted_.funds discretionef theincludethustecs.ira. revaluationfirtherance.resenaf ih e !es representingthe restatementof investment sssethat market: vateest

Ti AGBOUNTING PORECIES

Incoming resaurces

All incoming resmuarnes:are: included) in: ihe statement off financial! ketivitics: whea the vharity.is entitledspect to paliciesthe incomearecappiedand the ta anxount-can particular cateporicebe:quantifiediwithreaspnaliit.accuracy. nf ineamen:. The: following

andiare statadliat costuless: accuntulited : a : 7

Fixed assets costing more than’ 500 are.capitalisedandiare statadliat

Depreciation iscalbulatédine as.towrite-offithe
cost: ofian asset, less.its-estimated residualvali,
-
:
aventheusefulleenmamicLifsofthatiseset
as.follows:
S :E : :
Leaseholdbuildings:
~ 4% Straight Line»
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Furniture.&:Equipment. 33 1/20 Reducing Balance:
ae
PTeqnipmentit:
~ 33:1/39 Reducing Balance
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22: OFHER INCOMINGRESOGREES,
Unoestaieted
-Hestideted. TotalFunds
TotalFunds
Rinds
Funds
2021
2080:
£
£
£
£:
Voluntary Income
:
Dinations
S22
-
828.
OEE:
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Grants
36,100:
~
36,100
giz
oe
Bank Interest
1
-
15
465
0
Charitatia:Activities
ae
Provisionieficommunity facilities:
2,589:
2,559:
10,0985 Pe
39508.
Soe
3. COSES.OF CHARITABIE ACTIVITIES:
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Unrestricted:
Restricted TotalFunds Veta Fundsi
Funds:
“Runde:
2021
20m0
z
eo
-
Bee
Provisionoficommunity:facilities
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ACRURIRDS
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  1. TRUSHER REMUNERATION& RRUATER PARTY TRANSAGTIONS* ile No members ofl the: management committee received! any remuneration’or reimbursement-of transactionNo trustee: or other persan related fo the charityhad any..pessenal interest in. any contractor entered into bythe charityduring the year (2020+ Nik we. ae

i... TANGIBUE KIXEDIASSETS®

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|||||||| |---|---|---|---|---|---|---| |Leasehold|Furniture| |&| |buildings|Ryuipment|Total| |AtO1/02/2020)|400,525|18,8SZ|449,427| |Additions.|-|258%|2,588| |AbS|tOAZOR"|400,928|2Me3T|«422,062| |DEPRECIATION| |AC OTRO 020|196,448|17,754|ZIA|S98| |Adilitiiiis|16,033|16a|17,195| |AVSNOW2024|242,482|Leia|231393.| |Net Bote|Vatuerat|311/202 tit|3885344|PR P||LHTL66R:| |Net Book|Value|et S10 120n8T|~|WaT?|one|205279|

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Ge MOUVEMENT. IN MAJORFUNDS:

Outgning:

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|||||||||| |---|---|---|---|---|---|---|---|---| |Balanceat|= Inceming:|and:|Balances at|ee|tae| |HApn2020|resources;|transférn31|Mar|2021|eae| |Unrestricted|Funds|236,250)|39,502"|240NH|==|-251,739|ae|es| |TOTAL FUNDS|237805|«=|30,502,”|

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ThE tereasiofthe grant received fromitie Big:Lottery Fundiaee tobevrepaidlin the eventcfthe ellanity dispasing of the:building:tap The this BighotterysFund)may:terequired: has taken out:a-first Jogall change oven the property inrespecttof this, eee ae