## **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: - examine the accounts - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Charities Act 1993, as amended by the Charities Act 2006), and - to state whether particular matters have come to our attention. ## **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: - a) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Charities Act, and to prepare accounts which accord with the accounting records, and to comply with the accounting requirements of the Act have not been met; or - b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. …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