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2021-03-31-accounts

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

TRUSTEE'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st MARCH 2021

Eliezer Limited

Bryn Bedw, Llanybydder, Carmarthenshire, SA40 9QZ Tel: 01570 481570 Fax: 01570 481570

email: eliezer_ltd@btinternet.com

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

FOR THE YEAR ENDED 31st MARCH 2021

CONTENTS

Page
Legal and Administrative Information 1
Examiners Report 2
Report of the Trustees 3 & 4
Balance Sheet 5
Income and Expenditure Statement 6
Analysis of Movement of Funds 7
Notes to the Accounts 8 - 12

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

FOR THE YEAR ENDED 31st MARCH 2021

LEGAL AND ADMINISTRATIVE INFORMATION

Charity Number: 1092027 Chairperson: Christine Harrison Vice Chair: David Harrison Treasurer: Fioled Jones Trustees: Emma Price Mary Thomason Secretary: Registered Office: Yr Hen Gapel Pencader Carmarthenshire SA39 9BP Accountants: Eliezer Limited Bryn Bedw Llanybydder Carmarthenshire SA40 9QZ Bankers: Co-operative Bank PO Box 250 Delf House Southway Skelmersdale WN8 6WT

Page 1

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

FOR THE YEAR ENDED 31st MARCH 2021

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

We report on the financial statements which are set out on pages 5 to 10.

Respective responsibilities of the Trustees and the Examiner

The Charity's Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993, as amended by section 28 of the Charities Act 2006) and that an Independent Examination is needed.

It is our responsibility to:

Basis of the Independent Examiner's 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 included 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 we do not express an audit opinion on the view given by the accounts.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

…Eliezer Limited………… Eliezer Limited Bryn Bedw Llanybydder Carmarthenshire SA40 9QZ

Dated:..28/09/2021….

Page 2

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

FOR THE YEAR ENDED 31st MARCH 2021

REPORT OF THE TRUSTEES

The Trustees present their Report with the Financial Statements of the Charity for the year ended 31st March 2021. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the Charity's trust deed, applicable law, and the requirements of the Statement of Recommended Practice, "Accounting and Reporting by Charities" issued in 2005.

Principle activities and objectives of the Charity

The object of the Charity is the provision of a family centre for pre-school children and their families. The centre provides stimulating play for the children and resources and advice for parents.

Organisation

A board of Trustees administers the Charity.

Risk Policy

The Trustees have examined the major strategic, business, and operational risks which the Charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

Development, activities, and achievements

Pencader Family Centre is now in its nineteenth year and continues to thrive in the local community where it provides a safe stimulating environment for families.

The Corona Virus pandemic and subsequent "lock-downs" have had some effect on the accounts presented in this report. However, the ongoing uncertencies in the Governmental approach will mean that there will be concerns about the ability of existing funders being able to continue their support of the centre over the next twelve months.

Our thanks to our staff for their consistent hard work,

Financial Review

The statement of financial activities shows:

The statement of financial activities shows:
Net Income
Net Expenditure
Surplus/(Deficit) for the year		 2021
47,245
50,366
(3,121)		 2020
73,324
56,542
16,782

Plans for the Future

The first aim is to get the Family Centre up and running again as soon as possible after this "lock-down" period comes to an end.

Page 3

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

FOR THE YEAR ENDED 31st MARCH 2021

REPORT OF THE TRUSTEES (Continued)

Accounting and Reporting responsibilities

Charity 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 Charity and of its financial position at the end of that year. In preparing those financial statements the Trustees are required to:

select suitable accounting policies and apply them consistently

make judgements and estimates that are reasonable and prudent

state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements

and

prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Charity will continue in existence.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on …28/09/2021………. And signed on their behalf by:

…C Harrison…….

Trustee

Page 4

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

BALANCE SHEET AS AT 31st MARCH 2021

Note
Fixed Assets
Equipment
2
Current Assets
Bank Account & Petty cash
Current Liabilities
Amounts falling due within 1 year
3
Net Current Assets
Total Net Assets
Capital Funds
Restricted funds
Unrestricted funds
Total Funds
5		 £
£
0
44,279
325
43,954
43,954
35,350
8,604
43,954
2021		 £
£
0
47,400
325
47,075
47,075
38,446
8,629
47,075
2020		 £
£
0
47,400
325
47,075
47,075
38,446
8,629
47,075
2020
47,075
38,446
8,629
47,075

Approved by the Trustees on …28/09/2021….. And signed on their behalf by:

…C Harrison….. Trustee

Page 5

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH 2021

Note
Income
Voluntary Income
Activities for generating Income
Total Income
Resources Expended
Cost of generating funds
Charitable activities
Governance Costs
Total Expenditure
Net Movement in Funds
Total Funds brought forward
Transfer of funds
Total Funds carried forward		 Unrestricted Restricted Total Funds
Funds
Funds
2021
£
£
£
0
47,235
47,235
10
0
10
10
47,235
47,245
134
0
134
0
47,988
47,988
0
2,244
2,244
134
50,232
50,366
(124)
(2,997)
(3,121)
8,629
38,446
47,075
99
(99)
0
8,604
35,350
43,954		 Total Funds
2020
£
70,908
2,416
73,324
2,494
51,714
2,334
56,542
16,782
30,293
0
47,075

Page 6

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

ANALYSIS OF MOVEMENTS IN FUNDS FOR THE YEAR ENDED 31st MARCH 2021

General Fund
Balance brought forward
(Deficit)/Surplus for the year
Transfer of funds
Restricted Funds
Balance brought forward
Incoming Resources
Resources Expended
Transfer of funds
Total Funds at 31st March		 £
£
8,629
(124)
99
8,604
38,446
47,235
(50,232)
(99)
35,350
43,954
2021		 £
£
5,066
(434)
3,997
8,629
25,227
70,908
(53,692)
(3,997)
38,446
47,075
2020		 £
£
5,066
(434)
3,997
8,629
25,227
70,908
(53,692)
(3,997)
38,446
47,075
2020
38,446
47,235
(50,232)
(99)		 25,227
70,908
(53,692)
(3,997)
47,075

Page 7

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

NOTE TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st MARCH 2021

1 Accounting policies

The financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2005) issued in March 2005, applicable UK Accounting Standards and the Charities Act 1993.

Income

All income is included in Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Expenditure

All expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources.

Depreciation

Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives using the following rates:

Premises costs - not depreciated

Fixtures and Equipment - 15% per annum

Grants Received

Grants related to Capital Expenditure on tangible assets are credited to the Statement of Finacial Activities at the same rate as the depreciation on the assets to which the grants relate.

Page 8

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

NOTE TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st MARCH 2021

2 Tangible fixed assets

Costs:
As at 1st April 2020
Additions
As at 31st March 2021
Depreciation:
As at 1st April 2020
Charge for year
As at 31st March 2021
Net book value as at 31st March 2021
Net book value as at 31st March 2020		 Premises
Costs
£
0
0
0
0
0
0
0		 Fixtures &
Equipment
£
3,028
0
3,028
3,028
0
3,028
0
0
.		 Total
£
3,028
0
3,028
3,028
0
3,028
0
0

3 Creditors

Amounts falling due within one year: 2021 2020
£ £
Accruals 325 325

4 Trustees and Staff Costs

Trustees

Trustees do not receive any remuneration for their services, nor have any travel expenses been claimed or paid.

Staff

The average number of staff employed during the year was 3.

Page 9

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

NOTE TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st MARCH 2021

5
Total Funds
Unrestricted Funds
General Reserves
Restricted Funds
CAVS Covid Grant
CFW Craft
Families First
Children in Need
Garfield Western
Brechfa Innogy Fund
Enterprise
Moondance
Foyles		 Balance
B/f
8,629
8,629
0
0
0
2,006
6,491
29,188
761
0
0
38,446
47,075		 Income
10
10
710
550
2,000
16,233
0
15,932
0
6,810
5,000
47,235
47,245		 Expenditure
(134)
(134)
(795)
(550)
(2,000)
(14,764)
(1,042)
(31,038)
(43)
0
0
(50,232)
(50,366)		 Transfers
99
99
85
0
0
0
(184)
0
0
0
0
(99)
0		 Balance
C/f
8,604
8,604
0
0
0
3,475
5,265
14,082
718
6,810
5,000
35,350
43,954

Page10

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

NOTE TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st MARCH 2021

Incoming Resources

Voluntary Income
Families First Grant
Children in Need
Henry Smith
CAVS Covid Grant
CFW Craft Materias
Enterprise
Brechfa Innogy Fund
Foyles
Moondance
Garfield Western
Activities for generating funds
Operating Activities
Fundraising Activities
Interest received
Donations
Total Incoming Resources		 2021
2,000
16,233
0
710
550
0
15,932
5,000
6,810
0
0
0
0
10		 2021
47,235
10
47,245		 2020
3,700
21,344
10,000
0
0
1,500
31,864
2,500
0
0
70,908
2,137
228
0
51
2,416
73,324

Page11

CANOLFAN DEULUOL PENCADER FAMILY CENTRE

NOTE TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st MARCH 2021

Expenditure

Salaries & wages (including NI Costs)
Training costs
Expenses
Rent & Rates
Heat & Light
Maintenance Costs
Vehicle Costs
Furniture & Equipment
Events
IT, Printing, postage & stationery
Subscriptions/CRB Checks
Telephone costs
Insurance
Cost of generating Funds
Governance costs
Accountancy fees
Payroll costs
Consultancy
Surplus/(Deficit)		 2,021
38,083
0
231
3,324
904
717
0
1,532
99
26
10
493
2,465
238
325
350
1,569		 2,021
48,122
2,244
(3,121)		 2,020
41,134
155
19
3,315
887
141
1,317
702
606
150
214
755
2,319
2,494
54,208
325
350
1,659
2,334
16,782

Page 12