## Trustees’ Report ## January 2022 – December 2023 Deri Regeneration Group Deri Community Centre 9 Riverside Walk Deri Bargoed CF81 9GE ## www.dericommunitycentre.co.uk ## **Charity Registration Number 1080373** ## Trustees Dennis Roberts Emma Matuszczyk-Jones Gillian Francis-Williams Paul Williams Management Committee Ofcers Chairperson-------------------Dennis Roberts Secretary------------Gillian Francis-Williams Treasurer------------------------Paul Williams Vice Treasurer-----Emma Matuszczyk-Jones ## Management Committee Ofcers Jill Roberts Jan Gibbings Leigh Foster ## Helpers Colin Walker Ann Walker John Foster ## Booking ofcer Jan Gibbings 07944 650007 Caretaker Keith Horrell Relief Caretaker Clive Pullen ## Accountants David Collins Fooks & Co High Street Bargoed CF81 8XD ## Solicitors Michael Leighton Jones 53 Hanbury Road Bargoed CF81 8XD ## Bank Barclays Bank Plc 85 High Street Blackwood NP12 1ZA Structure Governance and Mana ement The Derl Regenoratlon Group adoptod a GD3 Charlty Commlsslon Model Constitutlon as an Unlncorporated Assoclatlon In February 2000. Most of the Trustees have been a part of the Derl Regeneratlon Group for a number of years. Anyone wfjshlng to Joln the group Is encouraged to attend a commlttee meetlng by Invltatlonlopportunlstlcally. Members can bo c041Pted onto the group untll the AGM when thoy would go through the nornial electoral process If they were Intondlng taklng on an offlcor post. Slnce the bullding of the Communlty Centre was completed th• D•rl R•gen•ratlon Group has managed th• organlsatlon of th• bulldlng and the subsequent runnlng of the faclllty to date along wlth the runnlng of the Multl Use Games Area {MUGA)and the Memorlal Garden sltuated at The Darran. Governance & Mana ement Management systems are In place or are belng organlsed. A number of pollcles are In place Includlng Equal Opportunltleslchlld Protectlon and Health & Safety pollcles. Flnanclal Pollcles are also In place. All members of the organlzatlon have the opportunlty to attend tralnlng In tholr speclflc areas and all current memb•rs have undertaken varlous tralnlng cours•s. New m•mb•rs ar• encouraged to undertake tralnlng and have done so. Tralnlng Is usually vla courses provlded by GAVO. Tho Exocutlvo Commlttoo havo cortaln skllls approprlato to tholr own offlcer rol•. Monthly meetlngs are held at the Centre (on a week nlght to sult the commlttee) at 630pm to dlscuss Issues. to update the Commlttw on developments, to Inforni the commltte• of the currènt stat• of the accounts and to dlscuss futur• actlvltles and events. More frequent meetlngs are held If Important events or Issues need to b• dIscuss￿ or dealt wlth. All d•clslons aro Vot￿ on by the Commlttee at moetlngs. Ob"ectives The object of tho Charlty are to promote the benefit of the Inhabltants of Derl and the nelghl>orhood (herelnafter called *he area of benefit Swlthout dlstlnctlon of sex. sexual orlentatlon. race or of polltlcal. rellglous or other oplnlons. Thls Is done by assoclatlng together the sald Onhabltants and the local authorltles, voluntary and other organlzatlons, In a common eflort to advance educatlon and to provld• facllltles In the Interests of soclal welfare for recreatlon and lelsur•- tlme occupatlon. wlth the object of Improvlng the conditions of Ilfe for the sald Snhabltants . Aims We alm to make a dlffer•nc• to the communlty by provldlng a publlc bulldlng that Is fully accesslbl• and provld•s soclal, recroatlonal and educatlonal opportunltles. We alm to provlde the followlng: To promote the recrultment and tralnlng of volunteers to work wlthln thelr own communlty wlthln a venue flt for purpose. To provlde a venue for the local communlty to organlse soclal Report for the year January 2022 - December 2023 ## Grants/projects Welsh Water – £400 to repair vandalism to the boundary wall in the Memorial Garden which has been completed. £1000 from the Wind Turbine Fund – to update the heating system in the centre and from Darran Valley Community Council £150 to help fund a forthcoming event. DVCC grant of £500 for King’s Coronation event. Our external lighting to the centre has been updated and is now remotely operated along with the heating system- paid for by grant funding from the Wind Turbine Fund. Our latest project has been to upgrade the floodlights in the MUGA which has changed to a motion activated system which will operate until 2200hrs. This will improve our utility bills, save energy and improve our carbon footprint. ## Regular groups Our regular groups who still attend and use the centre are as follows: - 55s - Bowls - Youth club - Ford Apache - Home schooling - Deri Dementia Care and support - History group - Gospel Hall annual event Emeralds jazz band started to use the centre and MUGA for band practice. Art classes started on a weekly basis at the centre run by Islwyn Art Project. ## Events The King’s Coronation event took place on Sunday 7[Th] May. A great day had by all. A generous donation from the local council paid for the event. The Deri Dementia Care and Support Group held a tabletop sale in October to raise funds for their group. The library service is still running from the centre until the original building is ready. A falconry event was held by CCBC library services and Caerphilly Cares. The event was free of charge and the falconer - Jason – kept everyone’s attention whilst he spoke about the birds, their habitat and their lifestyle. There was ample opportunity for all to have a photograph with the birds on their arm whilst he chatted about the owls, falcon and kookaburra. The event was well attended with over 25 children (plus the adults) in attendance. The centre had a ‘first’ where a hen party was held at the centre in October. The annual Remembrance Day service took place at the memorial garden and was well attended. DVCC Children’s Summer Sports Scheme 2023 - This took place this year on Thursday and Friday 17th and 18th August from 10am -2pm and again on Thursday 31st August and Friday Sept 1st from 10 am -2pm in the community centre. The children attending were 7-12 years of age and were supervised by James, Noah and Nia. Sports events were held in the MUGA – 5 a side football and inside with snooker, table tennis, skittles etc when the weather was unsuitable for outdoor activities. The children’s Christmas party took place on Saturday December 16th 2023 where there was a free buffet and a bouncy castle. This was followed by Santa’s arrival at 730pm on a fire engine who gave the children of primary school age a selection box. Many thanks to Rhymney Fire and Rescue Service and to Councillor Robert Chapman and the members of Darran Valley Community Council for arranging Santa’s visit. This year’s pantomime was “Jack and the Beanstalk” and took place on Thursday December 28th at the Centre. This was a free event – sponsored by Darran Valley Community Council and was exceptionally well attended and enjoyed by more than 80 well behaved adults and children. Many thanks to Councillor Robert Chapman and the members of Darran Valley Community Council for arranging the pantomime. ## Other news Several members of the Deri Regeneration Group have recently been successful in obtaining the Highfield Level 2 Award in Food Safety for Catering. This study day took place on Saturday April 22nd 2023 at the Community Centre. Our long-term trustee and member of Deri Regeneration Group, David Hardacre, sadly passed away in November 2023 and we held the service at the centre. Many thanks for all the hard work contributed over the many years towards the centre. Report complied by Emma J Matuszczyk-Jones ------------------------------------------------------------------------------------------ CHARITY NUMBER 1080373 DERI REGENERATION FUND FINANCIAL STATEMENTS 31 JANUARY, 2024 DERI REGENERATION FUND FINANCIAL STATEMENTS Year Ended 31 JANUARY, 2024 Contents Page Independent Examiners report to the members Statement of Financial Activities (Incorporatiiig the income and expenditure account) Balance sheet Notes to the financial statements DERI REGENERATION FUND INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES Year Ended 31 JANUARY, 2024 RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE REPORTING ACCOUNTANTS The charity's trustees are responsible for the preparation of the accounts, and they consider that an audit is not required for this year (under section 144 of the Charities Act 2011 (the Charities Act) and that an Independent examination is required. It is our responsibility to, examine the accounts (under section 145 of the Charities Act) to follow the procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Charities Act; and to state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINERS, REPORT: Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, we do not express an audit opinion on the accounts and the report is limited to those matters set out in the statement below. INDEPENDENT EXAMINERS, STATEMENT: In connection with our examination, no matter has come to our attention: (i) which gives us reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the Charities Act; to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act. have not been met" or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Fooks & Co Accountants &Busines dvisors DERI REGENERATION FUND STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) Year Ended 31 JANUARY, 2024 Unrestricted Funds Restricted Total Funds Funds 2024 Total Funds 2023 Note Incoming Resources Incoming resources from generating funds: Activities for geiierating funds Investment income Voluntary iiicome Grants liicoming resources from cliaritable activities 592 1,521 400 592 1,521 400 17 805 1,250 23,548 23,548 21,995 Total Incoming Resources Resources Expended Costs of generating funds: Cliaritable activities Governance costs 26,061 26,061 24,117 29,682 528 29,682 528 32,321 504 Total Resources Expended Net Income/Outgoings for the Year 30,210 30,210 32,824 (4,149) (4,149) (8,708) Gross Transfers Net Movement in Funds Reconciliation of Funds Total funds brought fonvard Total Funds Carried Fonvard (4,149) (4,149) (8,708) 245,742 1,645 247,387 243,238 256,095 241,593 1,645 247,387 The Statement of Fiiiaiicial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 6-8 form part of these financial ststements. DERI REGENERATION FUND BALANCE SHEET 31 JANUARY, 2024 2024 2023 Note Fixed Assets Tangible assets 144,956 163,344 Current Assets Debtors and prepayinents Cash at bank & in haiid 375 86,190 100,701 100,701 2,419 86,565 2,522 Creditors: Amounts falling due within one year Net Current Assets 98,282 84,043 Total Assets Less Current Liabilities 243,238 247,387 Funds Unrestricted incoine fuiids Restricted Income Funds 241,593 1,645 245,742 1,645 Total Funds 243,238 247,387 Signed by two trustees oli belialf of all trustees . Date The notes on pages 6-8 form part of these financial statements. DERI REGENERATION FUND NOTES TO THE FINANCIAL STATEMENTS Year Ended 31 JANUARY, 2024 ACCOUNTING POLICIES Basis of accounting The fjnancial statements have been prepared under the historical cost convention, and in accordaiice with tlie Charities Act 201 I , the Statement of Recoininended Practice "Accounting and Reporting by Charities" issued in March 2005 and with applicable accounting standards. Cash flow statement The Management Committee have taken advantage of the exemption in Financial Reporting Staiidard No l (revised) from including a cash flow statement in the financial statements on the grounds that the company is small. Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtlierance of the general objectives of the charity. Uiirestricted funds include a revaluation reserve representing the restatement of investment assets at market values. Designated funds are unrestricted funds earniarked by the Management Committee for particular purposes. Restricted funds are subjected to restrictions oli tlieir expenditure imposed by tlie donor or througli the ternis of an appeal. Incoming resources All incoming resources are iiicluded iii the statement of financial activities wlieii the charity is entitled to the iiicome and tlie ainount can be quantified with reasonable accuracy. Tlie following specific policies are applied to particular categories of income; Voluiitary income is received by way of graiits, donations and gifts and is included in full in the Stateineiit of Financial Activities when receivable. Grants, where entitlement is not conditioiial on the delivery of a specific performance by the charity, are reco￿1]Sed when the charity becomes unconditionally entitled to the grant. Donations are included at the value to tlie charity gross of any tax claim. The value of services provided by volunteers has not been included in these accounts. Investment income is included wlien receivable. Incoming resources from grants, where related to perforniance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. Resources expended Expenditure is reCO￿lised oil an accrual basis as a liability is incurred. Costs of charitable activities include the general costs of running the community centre. Support costs include office costs relating to the community centre. Governance costs include all costs relating to complying with legal and regulatory requirements. DERI REGENERATION FUND NOTES TO THE FINANCIAL STATEMENTS Year Ended 31 JANUARY, 2024 ACCOUNTING POLICIES (continued) Fixed assets Fixed assets costing more than £ 500 are capitalised and are stated at cost less accumulated depreciatioii. Depreciation Depreciatioii is calculated so as to write off the cost of an asset, less its estimated residual value, over tlie useful ecoiiomic life of that asset as follows: Leasehold buildings 4 % Straight Liiie Furniture & Equipinent - 33 1/30/0 Reducing Balance IT equipment 33 113 % Reducing Balance OTHER INCOMING RESOURCES Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Voluntary Income Donations Grants Sale of assets Bank Interest Charitable Activities Provision of community facilities Amazon Charity earnings 1,500 400 1,500 400 805 1,250 50 17 592 592 23,548 21 23,548 21 21.969 26 26,061 26,061 24,117 COSTS OF CHAIUTABLE ACTIvrrIES Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Provision of community facilities costs directly incurred Support costs - office costs 29,682 29,682 32,321 29,682 29,682 32,321 Governanee Costs Accountancy 528 528 504 30,210 30,210 32,825 DERI REGENERATION FUND NOTES TO THE FINANCIAL STATEMENTS Year Ended 31 JANUARY, 2024 TRUSTEE REMUNERATION & RELATED PARTY TRANSACTIONS No members of the management cominittee received any remuneration or reimbursernent of expenses during tlie year (2023 nil), No trustee or otlier person related to the charity had any personal interest iii any coiitract or transaction entered iiito by the charity during the year (2023 - Nil). TANGIBLE FIXED ASSETS Leasehold Furniture & buildings Equipment Total COST At 01 /0212023 Additions 400,825 34,810 435,635 At 3110112024 400,825 34,810 435,635 DEPRECIATION At 01 /02/2023 Charge for Year At 3110112024 244,547 16,033 260,580 27,744 2J55 272,291 18,388 290,679 30,099 Net Book Value at 3110112024 140,245 4,711 144,956 Net Book Value at 3110112023 156278 7,066 163,344 6. MOVEMENT IN MAJOR FUNDS Outgoing resources and Balance at transfers 31 Mar 2024 Balance at l Apr 2023 Incoming resources Unrestricted Funds 245,742 26,061 30,210 241,593 Restricted Funds 1,645 1,645 TOTAL FUNDS 247,387 26,061 30,210 243,238 CONTINGENT LIABILITY The ternls of the grant received from the Big Lottery Fund are that this may be required to be repaid in the event of the charity disposing of the building. The Big Lottery Fund has taken out a first legal charge over the property in respect of this. CHARITY NUMBER 1080373 DERI REGENERATION FUND FINANCIAL STATEMENTS 31 JANUARY, 2024 DERI REGENERATION FUND FINANCIAL STATEMENTS Year Ended 31 JANUARY, 2024 Contents Page Independent Examiners report to the members Statement of Financial Activities (Incorporatiiig the income and expenditure account) Balance sheet Notes to the financial statements DERI REGENERATION FUND INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES Year Ended 31 JANUARY, 2024 RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE REPORTING ACCOUNTANTS The charity's trustees are responsible for the preparation of the accounts, and they consider that an audit is not required for this year (under section 144 of the Charities Act 2011 (the Charities Act) and that an Independent examination is required. It is our responsibility to, examine the accounts (under section 145 of the Charities Act) to follow the procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Charities Act; and to state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINERS, REPORT: Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, we do not express an audit opinion on the accounts and the report is limited to those matters set out in the statement below. INDEPENDENT EXAMINERS, STATEMENT: In connection with our examination, no matter has come to our attention: (i) which gives us reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the Charities Act; to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act. have not been met" or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Fooks & Co Accountants &Busines dvisors DERI REGENERATION FUND STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) Year Ended 31 JANUARY, 2024 Unrestricted Funds Restricted Total Funds Funds 2024 Total Funds 2023 Note Incoming Resources Incoming resources from generating funds: Activities for geiierating funds Investment income Voluntary iiicome Grants liicoming resources from cliaritable activities 592 1,521 400 592 1,521 400 17 805 1,250 23,548 23,548 21,995 Total Incoming Resources Resources Expended Costs of generating funds: Cliaritable activities Governance costs 26,061 26,061 24,117 29,682 528 29,682 528 32,321 504 Total Resources Expended Net Income/Outgoings for the Year 30,210 30,210 32,824 (4,149) (4,149) (8,708) Gross Transfers Net Movement in Funds Reconciliation of Funds Total funds brought fonvard Total Funds Carried Fonvard (4,149) (4,149) (8,708) 245,742 1,645 247,387 243,238 256,095 241,593 1,645 247,387 The Statement of Fiiiaiicial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 6-8 form part of these financial ststements. DERI REGENERATION FUND BALANCE SHEET 31 JANUARY, 2024 2024 2023 Note Fixed Assets Tangible assets 144,956 163,344 Current Assets Debtors and prepayinents Cash at bank & in haiid 375 86,190 100,701 100,701 2,419 86,565 2,522 Creditors: Amounts falling due within one year Net Current Assets 98,282 84,043 Total Assets Less Current Liabilities 243,238 247,387 Funds Unrestricted incoine fuiids Restricted Income Funds 241,593 1,645 245,742 1,645 Total Funds 243,238 247,387 Signed by two trustees oli belialf of all trustees . Date The notes on pages 6-8 form part of these financial statements. DERI REGENERATION FUND NOTES TO THE FINANCIAL STATEMENTS Year Ended 31 JANUARY, 2024 ACCOUNTING POLICIES Basis of accounting The fjnancial statements have been prepared under the historical cost convention, and in accordaiice with tlie Charities Act 201 I , the Statement of Recoininended Practice "Accounting and Reporting by Charities" issued in March 2005 and with applicable accounting standards. Cash flow statement The Management Committee have taken advantage of the exemption in Financial Reporting Staiidard No l (revised) from including a cash flow statement in the financial statements on the grounds that the company is small. Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtlierance of the general objectives of the charity. Uiirestricted funds include a revaluation reserve representing the restatement of investment assets at market values. Designated funds are unrestricted funds earniarked by the Management Committee for particular purposes. Restricted funds are subjected to restrictions oli tlieir expenditure imposed by tlie donor or througli the ternis of an appeal. Incoming resources All incoming resources are iiicluded iii the statement of financial activities wlieii the charity is entitled to the iiicome and tlie ainount can be quantified with reasonable accuracy. Tlie following specific policies are applied to particular categories of income; Voluiitary income is received by way of graiits, donations and gifts and is included in full in the Stateineiit of Financial Activities when receivable. Grants, where entitlement is not conditioiial on the delivery of a specific performance by the charity, are reco￿1]Sed when the charity becomes unconditionally entitled to the grant. Donations are included at the value to tlie charity gross of any tax claim. The value of services provided by volunteers has not been included in these accounts. Investment income is included wlien receivable. Incoming resources from grants, where related to perforniance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. Resources expended Expenditure is reCO￿lised oil an accrual basis as a liability is incurred. Costs of charitable activities include the general costs of running the community centre. Support costs include office costs relating to the community centre. Governance costs include all costs relating to complying with legal and regulatory requirements. DERI REGENERATION FUND NOTES TO THE FINANCIAL STATEMENTS Year Ended 31 JANUARY, 2024 ACCOUNTING POLICIES (continued) Fixed assets Fixed assets costing more than £ 500 are capitalised and are stated at cost less accumulated depreciatioii. Depreciation Depreciatioii is calculated so as to write off the cost of an asset, less its estimated residual value, over tlie useful ecoiiomic life of that asset as follows: Leasehold buildings 4 % Straight Liiie Furniture & Equipinent - 33 1/30/0 Reducing Balance IT equipment 33 113 % Reducing Balance OTHER INCOMING RESOURCES Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Voluntary Income Donations Grants Sale of assets Bank Interest Charitable Activities Provision of community facilities Amazon Charity earnings 1,500 400 1,500 400 805 1,250 50 17 592 592 23,548 21 23,548 21 21.969 26 26,061 26,061 24,117 COSTS OF CHAIUTABLE ACTIvrrIES Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Provision of community facilities costs directly incurred Support costs - office costs 29,682 29,682 32,321 29,682 29,682 32,321 Governanee Costs Accountancy 528 528 504 30,210 30,210 32,825 DERI REGENERATION FUND NOTES TO THE FINANCIAL STATEMENTS Year Ended 31 JANUARY, 2024 TRUSTEE REMUNERATION & RELATED PARTY TRANSACTIONS No members of the management cominittee received any remuneration or reimbursernent of expenses during tlie year (2023 nil), No trustee or otlier person related to the charity had any personal interest iii any coiitract or transaction entered iiito by the charity during the year (2023 - Nil). TANGIBLE FIXED ASSETS Leasehold Furniture & buildings Equipment Total COST At 01 /0212023 Additions 400,825 34,810 435,635 At 3110112024 400,825 34,810 435,635 DEPRECIATION At 01 /02/2023 Charge for Year At 3110112024 244,547 16,033 260,580 27,744 2J55 272,291 18,388 290,679 30,099 Net Book Value at 3110112024 140,245 4,711 144,956 Net Book Value at 3110112023 156278 7,066 163,344 6. MOVEMENT IN MAJOR FUNDS Outgoing resources and Balance at transfers 31 Mar 2024 Balance at l Apr 2023 Incoming resources Unrestricted Funds 245,742 26,061 30,210 241,593 Restricted Funds 1,645 1,645 TOTAL FUNDS 247,387 26,061 30,210 243,238 CONTINGENT LIABILITY The ternls of the grant received from the Big Lottery Fund are that this may be required to be repaid in the event of the charity disposing of the building. The Big Lottery Fund has taken out a first legal charge over the property in respect of this.