Registered Charlty Number: 1093525 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR BETWS FAMILY CENTrE BEfws FAMILY CENTRE coMrENTS OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Cortents Pag¢ RepLYt of the Tru*e&5 Report of the Independent thmlne-, statement of Flnandal ktlvltles Balan￿ Sheet Notes to the Flnanclal Ststernents 8-10 BETWS FAMILY CEKlliE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 20 The truths p￿ent thelr report with the flnandal ststernents of the d￿rity for the year ended 31 March 2024. The Trustees have a1opted the FKovisions of the Accountlng and Reporting by Charities: Statement of Recornmended practi￿ appllizble to tharltles preparing thelr accounts In accordan￿ wlth the Flnancial Reporung Stsnders appllcabk In the UK ar￿ Republlc of Ireland (FRS IOZ) (effective l January 2022). OBJEcfIvES AND ACTIVITIES Objectlvu and alms The objectlves for the next year are: Improve parenys awareness of how to support speech language development for thelr childlchlldren. - the parenvs contklence with C¢￿kIng healthy meals on a budget for the whc4e family. Incre2S- Reduce soclal Isolaljon and Increase soclal ￿orkS for thlldren aNI thelr famill&s. Improve parenvs knowledge of health and the well-being of thelr babies and chlldren. Increase parent's baslc knowledge of the Welsh Language and Its culture. Increase opportunltles for children to play and devdop In ￿ local area. Publk Benefft The trustees confirm that they have complled wlth thelr duty In sectlon 17(5) of the 2011 CharStles Act wlth r￿ard to the Charlty Commlssk)n's general gUIdan￿ ¢)n publlc benefft Wh￿ revlewAng the Charws alms and obpdvps In plannlng future actlvltle& Betvts Famity Centre has dunonstrated that our alrns are for wbllc benefit through lthe provlslon of activites and rts for kxal famlll&s. BETWS FAMILY CENTRE REpoKf OF TIIE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Cont'd ACHIEVEMENT AND PERFORMANCE CHARrrABLE AcrivrrIES We nurture famllles and strengthen the local CLYnmunlty, developlTrJ arKI connertlng famllies 93 that Well￿ng and fife chances are enhanceAI. Highlights: We are a busy Cent￿ wlth Wa￿ approadwble staff - we create a communlty of sxjpport for our famllles where eve￿ne Is valued and welcome. We help fdrnllleg tM￿gets by provldlng surplus f￿)d, cooking packs and lunch dubs. Families say thls Is a huge support financlally. We are part of the wFder u)mmunity runnlrvJ groups In Vario￿ kjcations includlng the Rugby Club, Flower park and sensory garden, Bths Primary School and Annwvl Fan Carehorne. Sess]ons Dellvered: Actlve Drama Workshop Actlve Play Annwyj Fan Ca￿hOme Antenatsl Dropln vAth FS Mldwlfes Babanod Eco Reusable Nappy Li￿-ary Baby Language and Pkny Baby Massage Caring Cuppa and Chat Chrfstmas: Canvasses, Carolllrvj, Dlnner Takeawayi Party, Photoshoots, Sants I-ls, Toy Exchange Clwb Cwtsh Course Cook and Play Cookiro Packs Easter.. Basket Maldng, Easter Fun In Annvryl Fan, Egg Hurt Outdc¥)r ktSvltles, Mew Easter Eggstravaganza FOC￿ Hub Free Play loga Babl wlth QmraÉg l Blant La Leche League Breastfeedlng r￿uP Lunch Clubs Outdoor Play l Llttle Expk)rers Paedlatrlc Flr5t Ald Course Parentlng Puzzle Course- AttM)n for Chlldren (5 sesslons) Senwry and Messy Hay Sensory Play days with asslstsnt Toddler Sewing SesSIc￿ wlth Foothold Toddler Language and Play cllny Talkers) Trlps UV Partles Y Sled Cookery G)urse BETWS FAMILY CEKfRE REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2024 Convd Cherview of the Year Throughout the year we have provlded a va￿ty of actlvltfes and sessions ft)r famllies wlth somethlng to sult everyone. Thls year a5 a centre we have taken time to focus on parenvs wellbeing wlth tlme for a cuppa and chat becoming an Invaluable *ssion where parents ftel listened to and given a momenL Parenvs have also loved creatlng keepsake ords and canvasses of Ilttle ones harKI arnl fwt prlnts. We are seelng daily the challenges of the current cost of Ilving crisls with many famllles telliThJ us they are worryfng about money. Wlth this in mind focus over school holidays has been affordable eXperIen￿ for familles with tiips to Mountsin Wiew Ranch, St Faoans afjd Llyn LI￿ Owaln, Artlve, Messi/ and Free plai sesslons, a Summer rayre ana a vlslt from Party Ponie5. Our ty exthange ran through the whole of Novemb& thls year wlth people brlnglng and taklng ty as they wanted" famllie5 loved that thls vms free and also a more envlronmentally frlendty way to do Chrlstmas. Quotes from Famllles: '[ absolutely love the tsntre and the stsff they have become an extended part of the family.. fomlng to the family ￿￿tre Is like coming hornel We love having a safe space to go to be ourselve5." 'Great facility to be able to get out of the house with my baby. It made the days ea￿er and made me feel lass isolated and a chance to make contsct wlth other mothers. Also the fart that the sessions arE free is a huge bendlt being on maternty. My baby really enjoyed interactlng wrth other chlldren and was good for hls developmenL The stsff are so fr￿ndlY and welcoming." nanclal revlew Rolems Poll¢y Betws Famlly Centre ha5 revlewed the charlty's needs for raseNe5 In Ilne wlth the gUIdan￿lS5Ued by Charlty Commisslon. The greatest area of rfsk to the effectiveness of charlty is10ss of grant Income. The trustees feel tha¢ g￿en thelr responslbllitles to IM)th the pakl w￿rkerS and the familles who benefit from the Serv1￿ a reseNe of 4 - 6 months runnlng costs (ojrrently equlvalent to £17,037 - £25,556) th)ukl be held (this being calculated In relatlon to total payments lass ca￿tal costs). ￿rrent free ￿rVeS are £23,337. The trustees monltor reser¥es on a regLrtar basls. Thls level of reserrfes has been detemilned takiNJ Into account fact the Income is recthed from a wide Rnge of sources, the extent of protecttve ffwures (such as Insurano), commitments It has to staff. ar￿ other obiigatlons under agreements wlth thlrd parties. Rlsk management has be￿ revlewed In terms of thild protectlon policles, r15k assessmerts of events and trfps, the undersiandirKJ of DBS checks and l*alth and safety Issues. The trustees feel that ttw have tsken all rea50fkible #eps to wot&t benefidarfes, stsff, volunteers and the organlsatlon tself. Thls pollcy wlll be revlewed annually. FUTURE PLANS Betws Family Centre will o)nUnue to ddiver thelr ￿Thent alm5 and objecuves. Much of the dwritles work is ongclng and Involves stsff wothng wlthln the local communlty to pffj￿de support and trainlng for famllles. BETWS FAMILY CENTRE REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2024 Convd SrRUcTUR￿ GOVERNANCE AND MANAGEMENT Governlng document The d)arlty Is contsDlled by Its gcNemlng dooJmen¢ a deed of trust and constitutes an unlncorw)rated charity. REFERENCE AND ADMINisfRATEVE DEfAILS Reglstered Ch•rfty number 1093525 Prfnclpal addrnsB 19 Treforls Betws Ammanford CarmartherLshlre SA18 2RA TriLSteas T Toutt K ManlnTrDavles R Morrfs H Evans Jones E Day (Reslgned 07.11.23) R Wllliams S Watklns Independent examlner Harrls Bassett Limlted Chartered Accountsnts 19 Murray Street Uanelll Carmarthenshlre S415 IAQ pproved by order of the board of trustees on .. ..and sigrEd on its behalf by., R Willlams - Trustee BEfws FAMILY CENTRE REPORT OF THE INDEPENDENT EXAMINER FOR THE YEAR ENDED 31 MARCH 2024 Independent examinerfs report to the Trustees of Betws Famlly Centre I report on trE actounts of the Charlty for the year ended 31 March 2024, whlch are set out on pages 9 to 14. RespoMibllltl•s and Bas1% of Report The charfty s trustees are reswnsible for the preparation of the accounts. The charivs tnts conslder that an a￿lIt Is not requlred for thls year urKler sectlon 144(2) of the Charltk5 Act 2011 (tr* 2011 Act) and that an IndeperKlent examination is need&l. I report lil resp￿ of my examlnation or the charlVs accounts carried out under sectlon 145 of the 2011 Act and In carrylNJ out my examinatlon, I have followed the appllcable Dlrettions given by the Charttles Commlssion under Sectlon 145(5)(b) of the Act Independent Examfjnerf Statsment I have completed My examlnatron, I confirm that no matsrlal matters have come to my attention In connettlon with the examinatlon: whlch glves me reasonable cause to believe tha¢ In any materfal re¥Je¢ the requlrements: (a) to keep accounfjng records in accordano wlth sectlon 130 of the 2011 Att. and (b) to prqjare aCc￿ntS whkh aCC￿d wlth the accounung records and to comply wlth the acccAJntlng requlrements of the 2011 Art have not me¢. or to whlch, In my opinlon, attentlon should be drawn In order to enable a proper understandlng of the accounts to be reached. E Truman FCA Harrts Bassett Umlted Chartered Accountants 19 Murray Slreèt UaneNI Carmarthenshlre S415 IAQ Date: ol- 25 BEfws FAMILY ￿NfRE STATEMENT OF FINANCIAL AcfIvmES FOR THE YEAR ENDED 31 MARCH 2024 Unr¢rtrfct•d R•strlcted 31.3.24 31.3.23 INCOME AND ENDOWMEKrs tharltable actlvltlas Grants Foot Hubrrips rotal Incomlng r9￿Ur£ 96,560 96,560 17,315 98,564 96,564 17,315 EXPENDllllRE Charftable •ctlvlti Wages Employer Pen￿On$ CJaft actlvlties & Trips Equipment Travel expenses Food Gamant Famlly Centre Share 41,733 645 4,373 41,733 645 4,399 35,935 872 2,550 26 64 1,825 1,825 26 102,803 102,829 39,357 Support corts 14anagement Ught and Heat Water Rates Tdephone Malntenance offi￿ gjpplles and Ststlonery TralnlThJ Stsff and volunteers 991 582 1,323 211 383 991 582 1,323 211 383 1,188 952 2T2 234 3,747 3.747 1871 FinanLY Bank tharges 72 72 72 Itwran countancy Consultsncy Professlonal fees 588 924 1,080 1,512 1,080 1,439 1,080 Tclal resour￿ expendul Net {expendlture)Ilncome BEIWS FAMILY CENTRE BALANCE SHEEr FOR THE YEAR ENDED 31 MARCH 2024 Unregtrfcted kntrlcted 31.3.24 31.3.23 Fund• Furyll Tt)tsl fvnd$ Total Fuhx CURREKf ASSErs Cash at bank and In hand 212L7 AQL9 40 NEf CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILrrIES NEf ASSErs FUNDS Unrestricted funds trkted funds Total fund• 23,387 24,001 11 The flnanclal statements were approved by the Board of Trustees arKI authorised for issue on....... ...... We￿ slgned on its behalf by: 6v).,..J.aYS?.,......,............... B Jones - Trustee BEfws FAMILY CEPmiE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 20 I. ACCOUNTING POLICIES Ba￿$ of preparlng the flnanclal statsments The financial statements of the d*rity, which Is a pubjlc tenefft entty urmjer FRS 102, have been prepar&1 In accordan￿ wtth the Charities ￿Rp (FRS 102) 'Accounting and Reporling by Charltles: Ststement of Recommended pract1￿ appllcable to charltl2s pYeparlrvJ thelr accounts in accordan￿ wilh the Flnanclal Re￿rtIr￿ Stsndard appllcable In the LK and Repjbllc of Ireland (FRS 102) {effettive January 2022), Financlal Reportlng Standard 102 and the Charlties Att 2011. The flnandal statements have been p￿par￿1 under the hlstorical cost convertion. Income All Inccthe Is recognlsed In the Ststement of FiThinclal ALtlvtties onts the charity has entitlement to the fund5, It probable that the Income wlll be recelved the amount can be measu￿1 reliably. Expendlture Llabilitles are recc*Jni%d as expendi￿re as suon as there Is a legal or construttlve obligatlon committlng the charSty to that expenditure. Expendlture has been classified under headings that aggregate all cost related to the category. Where ctssts cannot be dkectty attrithd to particular headlngs they have amocated to actlvlties on a basls conslstent wlth th use of resource& Taxatlon The charlty fs exemFt from tax on rts charltable actèrfltles. Fund accountlng Unrestricted funds can be used In ar£ordan￿ wth the charftsble obJ￿tr￿ at the dkuetlon ofthe trustees. Restrtrted funds can onty be used for partlcular reStrftt￿ wrposes wlthln the obhts ofthe tharfty. Restrlctlons atlse W￿Tr speclfled by the IlDnor or when funds a￿ rnlsejj for partkular restrfthd purpase& Furtlw explanatlon of the nature and purpjse rf eath fund is Included In the rts tD the flnandal ststements. Pension costs and other POSt-reUrnm•nt bernffts The charlty operates a deflned contrlbutlon penslon scheme. Contrlbutlons payable to the charivs penslon scheme are charged to the Ststement of Financlal Athities In the period to whlch they relate. BETWS FAMILY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 MARCH 2024 Convd Z REsfRIcfED INCfjME Restrkted funds are re￿IVed for a srecffic purpose wlthln the obJects (* the tharlty and must be accounted for sepafttely. Iw)me ha5 therefore been shown as restrktsl where the doncy has stated that the Income can onty k used for a speclfted purpjse or wh￿￿ It has been ralseAI through an appeal for a speclfled purpose. FuTrJ movements We￿ as follows: Fund BIF Addlllon• CIF Fundi Garfleld Weston Mynydd y Betws Postcode Communlty Tr115t Gwendollne and Margaret Davles Trust Natlonal LottEry Fur Lidl Community Fund Flytng StartlFamllie5 Flrst Sue Ladd Charfty F(xJd Hub Trfps Betw5 In Need 2,860 1,139 10,526 2,860 257 10,526 882 1000 2,000 88,322 500 93,560 500 2,000 5,238 322 705 1,078 705 1,299 (322) 221 Grant Nantlves Betws In Need - Charltable Donatlon tchvards the ￿ntre* work Famllles FI￿VFIYOng Start- restrfcted fvnd to foctss on provldlng parentlng support baby massage arKI language and play as detailed In the Servlo Level Agreement Gartleld Weston - Grant FurKling ￿￿1Ved as a restrfcted fund tovrdrds core costs Gwendoline and Margaret Davies - Grant Fundlng recelved as a restrthd fund towards core costs Lldl Foundatlon - restrlctwe fund awarded to provide food for famllles In lunch clubs and coc*lng packs Postcode Communlty TNst - Grdnt furKllng re£eived as a re5trictht fur￿ ts njn active sesslon and promote healthier Ilf*les to famllies. The Natlonal Lrthry, People and pla￿ - restrlctNe 3 year funding towards shared project wlth Garnant Famlty C£ntre Sue Ladd Donation - Charitsble Donatton towards the c8)tre s work Travel Costs relmbursed Total The average rnonthly head count was 3 staff with all employee tlme Invd4Ed in provlding dther support to the gOv￿an￿ of the charity or suprx)rt seNces to Char￿able artlvltie& No employees ￿1Ved emoluments of rnoTe than £60,000. No tnsttts were pald any expenses in the year. BEnVS FAMILY CEKfRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Cont'd 3. FUNcfioNAL ANALYSZS OF EXPENDrruRE Expendlture been broken (*Jwn accordlngly to the actlvlty headlrNJs as recommend& by the Accountlng and Reporting by Charftles Statement of Recommended Practlce applioble to charltles preparing thelr accounts in accordan￿ wlth the Flnanclal Reportlw Standard appllcaLle In the UK Republlc of 1relarKI (FRS 102) (effectlve l January 2022). Tctal staff costs comprlsed Wages a￿1 salarles Employer p￿S1On ContrlLxtlon 41,733 645 470VERNANCE cosrs There was no trust* remunertton. Governan￿ ccsts were as follows: Accountancy fees Consultsn Insuran Membershlp fees Payroll Costs Bank Sery1￿ Charge 1,260 252 RISK MANAGEMEiir The trustees have carrle5 Out a revlew of the Major rlsks to the organtsatlon and tse￿eve that the level of reseNes aimed for In the reserve pollcy Is suffici￿t to cover adverse condittons that the organisatlon may kn. In addltlon the organlsatton has In pla￿ flnandall pwsonnel arKI Health & Safety contro& to Ilmlt the Ilkellhood and Impact of r15ks. All actlvlues arKI events are risk assessed wior to Commen￿Ment. Approprlate checls are done of all staff and volunteers. The trus* wlll artlvety monltor rlsk and re￿eW thelr pollcles at kast annually.