2021-03-31-accounts

PB/KG/N20011/197503

8 July 2021

Private and Confidential

Ms J Gauden TOGS Centre TOGS Family Centre The Highway New Inn Pontypool Gwent NP4 0PH

Dear Joanne

TOGS Centre

I have pleasure in attaching the following documents for your attention for the year ended 31 March 2021 would you please arrange for them to be signed electronically as follows:

ACCOUNTS

1. Full financial statements on the Trustees Report and the Balance Sheet

2. Letter of Representation

The accounts will need filing at Companies House by 31[st] December 2021.

Please let me know if you require bound copies for your records.

We are unable to proceed with filing the accounts until all enclosed documents have been returned signed.

Yours sincerely

JOHN GRIFFITHS AUDIT PARTNER [e-mail]

Charity Registration No. 1094764

Company Registration No. 4491401 (England and Wales)

TOGS CENTRE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

TOGS CENTRE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees	Mrs S N Baker
	Mr S J Brooks
	Mr J S Davenne
	Mr R Green
	Mr D K James
	Mrs N P Parrish
	Mr V E Clayton
	Ms K Evans
	Ms J Gauden
	Mr J E Killick
Secretary	Mr J E Killick
Charity number	1094764
Company number	4491401
Registered office	TOGS Family Centre
	The Highway
	New Inn
	Pontypool
	Gwent
	United Kingdom
	NP4 0PH
Independent examiner	UHY Hacker Young
	Lanyon House
	Mission Court
	Newport
	South Wales
	United Kingdom
	NP20 2DW

TOGS CENTRE

CONTENTS

	Page
Trustees report	1 - 3
Independent examiner's report	4
Statement of financial activities	5 - 6
Balance sheet	7
Statement of cash flows	8
Notes to the accounts	9 - 20

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021

TOGS CENTRE

The trustees present their report and financial statements for the year ended 31 March 2021.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Objectives and activities

A summary of the objects of the charity as set out in its governing document

The charity was established in 1992 by a group of parents and volunteers to support families of children with special needs. The objective is to relieve children with learning, physical or sensory disability and to advance the education and physical development of the children to have their rights respected and to achieve their full potential as integrated members of the community.

The charity's aims including the changes or differences it seeks to make

The TOGS Centre offers support to families with children with additional needs by providing a variety of services to help alleviate stress to parents/carers and offers a range of facilities and resources to help the physical, social and emotional development of the children. The services provided include:- youth and play groups from 4 to 17 years and parent and carer support groups, as well as weekend sessions in and around the community to enhance life skills and allow the children to become integrated members of their community. The centre also provides in-service training to Volunteers.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Public Benefit

The Constitutional aim of TOGS is to support children and young people in the Borough of Torfaen with learning, physical or sensory disabilities, and to support their parents, families and friends and to enable children and young people to have their rights respected and to achieve their full potential as integrated members of the community.

TOGS also provides opportunities for special needs children and young people to come into closer association with able-bodied people in the provision of recreational or other leisure time activities.

The trustees have paid due regard to guidance issued by the Charity Commission on public benefit.

Achievements and performance

The TOGS Centre has provided an excellent range of activities and support for children/young people with additional needs throughout the year; both centre based and online (dependent on restrictions. This has allowed the children and young people to learn new skills and interact positively with members of the community whilst enhancing their social and emotional well-being.

Financial review

Policies on reserves

It is the aim of the charity to maintain unrestricted funds which are the free funds of the charity, at a level which equates to approximately six months unrestricted expenditure, which is approximately £20,000. This will provide sufficient funds to cover management, administration and support costs. The charity will continue to aim for surpluses on unrestricted funds in order to achieve this balance.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Endowment funds

The Endowment funds relate to the remaining net book value of tangible fixed assets gifted to the charity when it was set up; the funds do no represent monies available for charitable activities.

• 1 -

TOGS CENTRE

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Transactions and Financial position

The financial statements are set out on pages 5 to 21. As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.

Fund analysis

The balance sheet on page 7 shows that the charity has total funds of £279,653, however only a small proportion of this is represented by funds available to be spent by the trustees at their discretion on the general activities of the charity. The table below provides a summary of the charities funds; this shows that all of the endowment funds and a significant proportion of the Restricted funds have been spent on fixed assets.

The balance of cash available to be spent at the charities discretion was £50,341; of this amount £14,516 has been designated for building repairs & maintenance. The charity aims to maintain a cash reserve of at least six months cash operating costs, which is approximately £20,000; this leaves £15,825 of discretionary cash.

Endowment fund Restricted fund Unrestricted fund	Spent on fixed assets 213,634 2,203 2,555 ────── 218,392 ══════	Restricted cash - 8,753 - ────── 8,753 ══════	Discretionary cash - - 35,825 ─────── 35,825 ═══════	Designated cash 14,516 ─────── 14,516 ═══════	Other assets/ liabilities - - 2,167 ──────── 2,167 ════════	Total funds
					── ══	213,634 10,956 55,063 ────── 279,653 ══════

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

Governing document

The charity is a controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs S N Baker

Mr S J Brooks Mr J S Davenne Mr R Green Mr D K James Mrs N P Parrish Mr V E Clayton Ms K Evans Ms J Gauden Mr J E Killick

Organisational structure

An organisational structure exists whereby the Executive Committee are in overall charge of the centre to adopt policies and procedures. The programme Manager oversees the running of the Centre and alongside parents, carers and friends. the fund raising. The Board of Trustees and officers are elected or appointed on an annual basis at the Annual General Meeting.

• 2 -

TOGS CENTRE

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Induction and training of new trustees

Upon appointment, new trustees are given information and instruction on the responsibilities of a trustee.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Post balance sheet events

Impact of Covid-19

The charity has had a drop in general donations due to COVID-19 as families have been struggling and cannot make regular donations. Grants have been made more readily available to adapt the service offered, this has ensured that families were still getting support but in a different and ever-changing way, to meet requirements of local restrictions.

General face to face sessions stopped 20th March 2020 and reopened the 14th September 2020, with a stoppage for the Fire break restrictions and another stoppage from the 20th December 2020 returning the 15th March 2021; during which time support had been altered due to funding made available through existing funding streams, local authorities and Welsh Government COVID support. The charity initially got food, cleaning and personal care items for families that were struggling with getting hold of items they needed. Government COVID grants have been received for new laptops to help take part of the charity's services online, provide sensory packs for children in the home and additional food for those struggling with loss of income. The charity has ensured that the older and middle groups had an online weekly session, as parents and carers were worried about the long-term effects on their mental health and well-being. Regular contact was maintained with the families throughout the year to ensure they felt supported and to help reduce their isolation.

The Trustees report was approved by the Board of Trustees.

..............................

Ms J Gauden Trustee Dated: .........................15 / 07 / 2021

• 3 -

TOGS CENTRE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TOGS CENTRE

I report to the trustees on my examination of the financial statements of TOGS Centre (the charity) for the year ended 31 March 2021.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

• 2 the financial statements do not accord with those records; or

• 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

• 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

UHY Hacker Young

Lanyon House Mission Court Newport South Wales NP20 2DW United Kingdom

Dated: .........................15 / 07 / 2021

• 4 -

TOGS CENTRE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Current financial year Unrestricted Restricted Endowment funds funds funds 2021 2021 2021 Notes £ £ £ Income from: Donations and legacies 3 46,031 16,486 - Charitable activities Support families of children with special needs 4 13,242 - - Investments 5 24 - - Total income 59,297 16,486 - Expenditure on: Raising funds 6 13,867 - - Charitable activities 7 24,223 16,923 - Other 11 - - 7,310 Total resources expended 38,090 16,923 7,310 Net movement in funds 21,207 (437) (7,310) Fund balances at 1 April 2020 33,856 11,393 220,944 Fund balances at 31 March 2021 55,063 10,956 213,634	Total 2021 £ 62,517 13,242 24 75,783 13,867 41,146 7,310 62,323 13,460 266,193 279,653	Total 2020 £ 40,308 10,158 100 50,566 16,066 37,781 7,310 61,157 (10,591) 276,784 266,193

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

• 5 -

TOGS CENTRE

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Prior financial year Unrestricted Restricted Endowment funds funds funds 2020 2020 2020 Notes £ £ £ Income from: Donations and legacies 3 26,738 13,570 - Charitable activities Support families of children with special needs 4 10,158 - - Investments 5 100 - - Total income 36,996 13,570 - Expenditure on: Raising funds 6 16,066 - - Charitable activities 7 32,999 4,782 - Other 11 - - 7,310 Total resources expended 49,065 4,782 7,310 Net movement in funds (12,069) 8,788 (7,310) Fund balances at 1 April 2019 45,925 2,605 228,254 Fund balances at 31 March 2020 33,856 11,393 220,944

Total 2020 £ 40,308 10,158 100 50,566 16,066 37,781 7,310 61,157 (10,591) 276,784 266,193

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

• 6 -

TOGS CENTRE

BALANCE SHEET AS AT 31 MARCH 2021

Notes Fixed assets Tangible assets 12 Current assets Debtors 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities Capital funds Endowment funds - general 16 Income funds Restricted funds 17 Unrestricted funds Designated funds 18 General unrestricted funds	2021 £ 2,906 59,094 62,000 (739) 14,516 40,547	£ 218,392 61,261 279,653 213,634 10,956 55,063 279,653	2020 £ 2,998 39,287 42,285 (660) 7,894 25,962	£ 224,568 41,625
				266,193
				220,944 11,393 33,856
				266,193

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021.

The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on .........................15 / 07 / 2021

..............................

Ms J Gauden

Trustee

Company Registration No. 4491401

• 7 -

TOGS CENTRE

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021

Notes Cash flows from operating activities Cash generated from/(absorbed by) operations 21 Investing activities Purchase of tangible fixed assets Investment income received Net cash (used in)/generated from investing activities Net cash used in financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year	2021 £ (3,006) 24	£ 22,789 (2,982) - 19,807 39,287 59,094	2020 £ - 100	£ (3,165) 100 - (3,065) 42,352 39,287

• 8 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

Charity information

TOGS Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is TOGS Family Centre, The Highway, New Inn, Pontypool, Gwent, NP4 0PH, United Kingdom.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

• 9 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

1.5 Resources expended

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 heading they have been allocated to activities on a basis consistent with the use of resources.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 2% on cost Plant and equipment 25% on reducing balance and 2% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

1.8 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.10 Endowment funds

These relate to tangible assets gifted to the charity when it was set up; the funds do not represent monies available for charitable activities.

• 10 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted Restricted funds funds 2021 2021 £ £ Donations and gifts 341 - Grants 45,690 16,486 46,031 16,486	Total Unrestricted Restricted funds funds 2021 2020 2020 £ £ £ 341 1,537 - 62,176 25,201 13,570 62,517 26,738 13,570	Total 2020 £ 1,537 38,771
		40,308

Government grants

Included in grants above is a £10,000 business support grant received from the Welsh government for COVID-19 and £1,417 received in relation to the coronavirus job retention scheme grant.

4 Charitable activities

	Support	Support
	families of	families of
	children with	children with
	special needs	special needs
	2021	2020
	£	£
Other income	13,242	10,158

5 Investments

	Unrestricted	Unrestricted
	funds	funds
	2021	2020
	£	£
Interest receivable	24	100

• 11 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

6	Raising funds Unrestricted funds 2021 £ Fundraising and publicity Postage and stationary 49 Repairs and renewals 5,147 Other fundraising costs 1,306 Staff costs 4,027 Fundraising and publicity 10,529 Trading costs Other trading activities 3,338 13,867	Total Unrestricted funds 2021 2020 £ £ 49 82 5,147 1,673 1,306 1,187 4,027 9,940 10,529 12,882 3,338 3,184 13,867 16,066	Total Unrestricted funds 2021 2020 £ £ 49 82 5,147 1,673 1,306 1,187 4,027 9,940 10,529 12,882 3,338 3,184 13,867 16,066
			12,882
			3,184
			16,066

• 12 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

7 Charitable activities

Staff costs Depreciation and impairment	Support families of children with special needs Support families of children with special needs 2021 2020 £ £ 30,007 27,360 1,872 527 7,471 2,687 999 5,552 124 982 40,473 37,108 673 673 41,146 37,781 24,223 32,999 16,923 4,782 41,146 37,781 32,999 4,782 37,781 2021 Support costs Governance costs 2020 £ £ £ £ 660 - 660 660 13 - 13 13 673 - 673 673 673 - 673 673	Support families of children with special needs Support families of children with special needs 2021 2020 £ £ 30,007 27,360 1,872 527 7,471 2,687 999 5,552 124 982 40,473 37,108 673 673 41,146 37,781 24,223 32,999 16,923 4,782 41,146 37,781 32,999 4,782 37,781 2021 Support costs Governance costs 2020 £ £ £ £ 660 - 660 660 13 - 13 13 673 - 673 673 673 - 673 673
		2020 £ 27,360 527 2,687 5,552 982
Sundries
Transport and travel
Resource costs
Share of governance costs (see note 8) Analysis by fund Unrestricted funds Restricted funds For the year ended 31 March 2020 Unrestricted funds Restricted funds Support costs Support costs Governance costs £ £ Independent examination fees - 660 Legal and professional - 13 - 673 Analysed between Charitable activities - 673
		37,108 673
		37,781
		32,999 4,782
		37,781
		2020 £ 660 13
		673
		673

8 Support costs

Governance costs includes payments to the accountants of £660 (2020 - £660) for independent examination fees.

• 13 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

Trustees' expenses

During the year, Trustees were reimbursed £nil (2020 - £nil) expenses.

10 Employees

The average monthly number of employees during the year was:

	2021	2020
	Number	Number
	8	6
Employment costs	2021	2020
	£	£
Wages and salaries	33,486	36,340
Other pension costs	548	960
	34,034	37,300

No employees received emoluments in excess of £60,000.

11 Other

	Endowment	Endowment
	funds	funds
	2021	2020
	£	£
Depreciation of tangible fixed asset	7,310	7,310
	7,310	7,310

• 14 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

12 Tangible fixed assets Freehold land and buildings Plant and equipment £ £ Cost At 1 April 2020 365,522 70,324 Additions - 3,006 At 31 March 2021 365,522 73,330 Depreciation and impairment At 1 April 2020 144,578 66,700 Depreciation charged in the year 7,310 1,872 At 31 March 2021 151,888 68,572 Carrying amount At 31 March 2021 213,634 4,758 At 31 March 2020 220,944 3,624 13 Debtors 2021 Amounts falling due within one year: £ Other debtors 195 Prepayments and accrued income 2,711 2,906 14 Creditors: amounts falling due within one year 2021 £ Other taxation and social security 79 Accruals and deferred income 660 739	Total £ 435,846 3,006
	438,852
	211,278 9,182
	220,460
	218,392
	224,568
	2020 £ 421 2,577
	2,998
	2020 £ - 660
	660

15 Retirement benefit schemes

Defined contribution schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £548 (2020 - £960).

• 15 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

16 Endowment funds

Endowment funds represent assets which must be held permanently by the charity. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund.

	Balance at	Resources	Balance at	Resources	Balance at
	1 April 2019	expended	1 April 2020	expended	31 March
					2021
	£	£	£	£	£
Expendable endowments
Fixed Assets	228,254	(7,310)	220,944	(7,310)	213,634
	228,254	(7,310)	220,944	(7,310)	213,634

The Endowment funds relate to the remaining net book value of tangible fixed assets gifted to the charity when it was set up; the funds do not represent monies available for charitable activities.

• 16 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

17 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

		Movement	in funds			Movement	in funds
	Balance at	Incoming	Resources		Balance at	Incoming	Resources		Balance at
	1 April 2019	resources	expended		1 April 2020	resources	expended		31 March
									2021
	£	£		£	£	£		£	£
Lloyds TSB	2,000	-		-	2,000	-		-	2,000
Pontypool
Community
Council	26	-		-	26	-		-	26
Monmouthshir
e Building
Society	61	-		-	61	-		-	61
Church in
Wales	18	-		-	18	-		-	18
Magic Little
Grants	500	-	(306)		194	500	(337)		357
Comic Relief
Community
Fund	-	8,190	(1,508)		6,682	-	(6,682)		-
The Princes
Trust	-	980	(658)		322	-	(322)		-
ICF Funding
through TVA	-	1,000	(1,000)		-	4,230	(1,830)		2,400
COVID-19
Fund TVA	-	1,000	(1,000)		-	500	(500)		-
Laura Ashley
Foundation	-	2,400	(310)		2,090	-	(1,009)		1,081
COVID-19
Resilience
Fund	-	-		-	-	5,000	(3,686)		1,314
Tampon Tax
Fund	-	-		-	-	6,256	(2,558)		3,698
	2,605	13,570	(4,782)		11,393	16,486	(16,924)		10,956

• 17 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

17 Restricted funds

(Continued)

Laura Ashley Foundation

Funds received to provide art and creative materials.

Lloyds TSB

Funds received for a residential trip.

Comic Relief Community Fund

Funds received for the wages of workers for 3 sessions a week at the TOGS Centre.

ICF Funding

Funds received for computer equipment and wages over a year.

Coivd-19 Resilience Fund

Funds received for computer equipment and support for families during the COVID-19 pandemic.

Tampon Tax fund

Funds received for wages, bus escort expenses, food and towels.

18 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

	Balance at	Resources	Transfers	Balance at	Resources	Transfers	Balance at
	1 April 2019	expended		1 April 2020	expended		31 March
							2021
	£	£	£	£	£	£	£
Building
repairs &
maintenance	16,312	(85)	(8,333)	7,894	(3,378)	10,000	14,516
	16,312	(85)	(8,333)	7,894	(3,378)	10,000	14,516

The designated funds have been set aside to provide building repairs and maintenance to the TOGS Centre.

• 18 -

	Total	2020	£		224,568	41,625	266,193
	Endowment	2020	£		220,944	-	220,944
	Restricted	2020	£		-	11,393	11,393
	Unrestricted	2020	£		3,624	30,232	33,856
	Total	2021	£		218,392	61,261	279,653
	Endowment	2021	£		213,634	-	213,634
	Restricted	2021	£		2,203	8,753	10,956
	Unrestricted	2021	£		2,555	52,508	55,063
Analysis of net assets between funds				Fund balances at 31 March 2021 are represented by:	Tangible assets	Current assets/(liabilities)
19

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

20 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

Aggregate compensation 21 Cash generated from operations Surplus/(deficit) for the year Adjustments for: Investment income recognised in statement of financial activities Depreciation and impairment of tangible fixed assets Movements in working capital: Decrease/(increase) in debtors Increase in creditors Cash generated from/(absorbed by) operations	2021 2020 £ £ 17,595 13,660 2021 2020 £ £ 13,460 (10,591) (24) (100) 9,182 7,837 92 (311) 79 - 22,789 (3,165)

22 Analysis of changes in net funds The charity had no debt during the year.

• 20 -

TOGS Centre TOGS Family Centre The Highway New Inn Pontypool Gwent NP4 0PH

UHY Hacker Young Lanyon House Mission Court Newport South Wales NP20 2DW

We confirm to the best of our knowledge and belief, and having made appropriate enquiries of other trustees and staff of the charity, the following representations given to you in connection with your review of the charity’s accounts for the year ended 31 March 2021.

1. We acknowledge as trustees our responsibility for the accounts, which we have prepared. All the accounting records have been made available to you for the purpose of your review and all the transactions undertaken by the charity have been properly reflected and recorded in the accounting records.

2. We confirm that there have been no changes in the accounting policies other than those disclosed in the accounts. In our opinion, the accounting policies are appropriate to the charity and conform with generally accepted accounting principles. We confirm that all transactions and balances have been accounted for in accordance with these accounting policies.

3. We confirm that all assets have been included in the balance sheet.

4. We confirm that all assets included in the balance sheet exist.

5. We confirm that the charity owns all the assets included in the balance sheet, unless otherwise stated in the accounts.

6. We confirm that the cost (or value) of all the assets in the balance sheet are fairly stated.

7. We confirm that depreciation has been provided on all fixed assets with a limited economic life in accordance with the stated accounting policy. In our opinion, the rates of depreciation are reasonable.

8. We confirm that all liabilities have been fully recorded in the balance sheet.

9. We confirm that all liabilities recorded in the balance sheet are properly those of the charity.

10. We confirm that all liabilities have been recorded at a fair value.

11. We confirm that there has been no netting off of assets and liabilities.

12. We confirm that all income has been fully recorded and correctly classified.

13. The charity has not at any time during the year had any transactions with trustees and connected parties.

14. The charity has no contingent liabilities other than those disclosed in the accounts.

15. There has been no event since the balance sheet date which requires disclosing or which would materially affect the amounts in the accounts, other than those already disclosed or included in the accounts.

16. The charity has not entered into any charitable commitments other than those disclosed in the accounts.

Yours faithfully

………………………………… Signed on behalf of the board

……………………………… 15 / 07 / 2021 Date

Audit trail

TITLE TOGS Centre - Accounts and Supporting Documents 31/03/2021 FILE NAME Client - Ac..._197503.pdf and 2 others DOCUMENT ID d4fb7ac4b3bd156a5a4afdebac5b6ec3aa6316eb AUDIT TRAIL DATE FORMAT DD / MM / YYYY STATUS Completed

08 / 07 / 2021 Sent for signature to Joanne ([e-mail]) and John 08:44:10 UTC+1 ([e-mail]) from [e-mail] IP: 195.224.219.58 08 / 07 / 2021 Viewed by Joanne ([e-mail]) 16:03:24 UTC+1 IP: 80.168.9.92 15 / 07 / 2021 Signed by Joanne ([e-mail]) 09:42:59 UTC+1 IP: 79.67.42.83 15 / 07 / 2021 Viewed by John ([e-mail]) 13:07:37 UTC+1 IP: 195.224.219.58 15 / 07 / 2021 Signed by John ([e-mail]) 13:07:55 UTC+1 IP: 195.224.219.58 15 / 07 / 2021 The document has been completed. 13:07:55 UTC+1