PB/IHJ/N20011/333654 15 September 2022 ## **Private and Confidential** Ms J Gauden TOGS Centre TOGS Family Centre The Highway New Inn Pontypool Gwent NP4 0PH Dear ## **TOGS Centre** I have pleasure in attaching the following documents for your attention for the year ended 31 March 2022 would you please arrange for them to be signed electronically as follows: ## **ACCOUNTS** 1. Full financial statements on the Directors Report and the Balance Sheet 2. Letter of Representation These accounts have been fully discussed, however if you have any further queries, please do not hesitate to contact me. **Please note that the accounts will need filing at Companies House by 31[st] December 2022.** Please let me know if you require bound copies for your records. Please note that we are unable to proceed with filing the accounts at the relevant authorities until all enclosed documents have been returned signed. Yours sincerely **PAUL BYETT MANAGING PARTNER p.byett@uhy­uk.com** **Charity registration number 1094764** **Company registration number 4491401 (England and Wales)** ## **TOGS CENTRE** ## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2022** ## **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 - 21| **TOGS CENTRE** **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022** The trustees present their annual report and financial statements for the year ended 31 March 2022. 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 relates 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. - 1 - ## **TOGS CENTRE** ## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022** ## **Transactions and Financial position** The financial statements are set out on pages 5 to 22. 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 £297,726, 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 charity’s 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 charity’s discretion was £54,132; of this amount £30,00 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; leaving £4,132 of discretionary cash. |Restricted
cash
-
29,510
-
─────
29,510
═════|Discretionary
cash
-
-
24,132
──────

24,132
══════
|Designated
cash
30,000
───────

30,000
═══════
|Other assets/
liabilities
-
-
1,957
────────
1,957
════════|Total funds| |---|---|---|---|---| ||||──
══|| |||||206,324
30,811
60,591
─────
297,726
═════| The trustees have 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 2022** ## **Induction and training of new trustees** New trustees are recruited through current trustees, the children and young people who use the centre (some are parents and carers), as well as community councils putting representatives forward. Most new trustees work or have worked with children and young people or are parents/carers of children with disabilities. 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. ## **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 are still getting support but demands for the service have increased by 25 %. Volunteers that help our service run have declined by around 50%. The Trustee’s report was approved by the Board of Trustees. .............................. **Ms J Gauden** Trustee 26 / 09 / 2022 Dated: ......................... - 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 2022. ## **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 of 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 / 09 / 2022 - 4 - ## **TOGS CENTRE** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022** |**Current financial year**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**2022**
**2022**
**2022**
**Notes**
**£**
**£**
**£**
**Income from:**
Donations and legacies
**3**
47,834
36,677
-
Charitable activities
Support families of children with special
needs
**4**
11,339
-
-
Investments
**5**
7
-
-
**Total income**
59,180
36,677
-
**Expenditure on:**
Raising funds
**6**
14,339
200
-
Charitable activities
**7**
39,313
16,622
-
Other
**11**
-
-
7,310
**Total resources expended**
53,652
16,822
7,310
**Net movement in funds**
5,528
19,855
(7,310)
Fund balances at 1 April 2021
55,063
10,956
213,634
**Fund balances at 31 March 2022**
60,591
30,811
206,324|**Total**
Total
**2022**
2021
**£**
**£**
84,511
62,517
11,339
13,242
7
24
95,857
75,783
14,539
13,867
55,935
41,146
7,310
7,310
77,784
62,323
18,073
13,460
279,653
266,193
297,726
279,653| |---|---| 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 2022** |**Prior financial year**|||||| |---|---|---|---|---|---| |||**Unrestricted**|**Restricted**|**Endowment**|**Total**| |||**funds**|**funds**|**funds**|| |||**2021**|**2021**|**2021**|**2021**| ||**Notes**|**£**|**£**|**£**|**£**| |**Income from:**|||||| |Donations and legacies|**3**|46,031|16,486|-|62,517| |Charitable activities|||||| |Support families of children with special needs|**4**|13,242|-|-|13,242| |Investments|**5**|24|-|-|24| |**Total income**||59,297|16,486|-|75,783| |**Expenditure on:**|||||| |Raising funds|**6**|13,867|-|-|13,867| |Charitable activities|**7**|24,223|16,923|-|41,146| |Other|**11**|-|-|7,310|7,310| |**Total resources expended**||38,090|16,923|7,310|62,323| |**Net movement in funds**||21,207|(437)|(7,310)|13,460| |Fund balances at 1 April 2020||33,856|11,393|220,944|266,193| |**Fund balances at 31 March 2021**||55,063|10,956|213,634|279,653| 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 2022** |**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|**2022**
**£**
2,779
83,642
86,421
(822)
30,000
30,591|**£**
212,127
85,599
297,726
206,324
30,811
60,591
297,726|**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| 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 2022. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. 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. 26 / 09 / 2022 The financial statements were approved by the Trustees on ......................... .............................. Ms J Gauden **Trustee** ## **Company Registration No. 4491401** - 7 - ## **TOGS CENTRE** ## **STATEMENT OF CASH FLOWS** ## **FOR THE YEAR ENDED 31 MARCH 2022** |**Notes**
**Cash flows from operating activities**
Cash generated from operations
**21**
**Investing activities**
Purchase of tangible fixed assets
Investment income received
**Net cash used in investing activities**
**Net cash used in financing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2022**
**£**
(3,304)
7|**£**
27,845
(3,297)
-
24,548
59,094
83,642|**2021**
**£**
(3,006)
24|**£**
22,789
(2,982)
-
19,807
39,287
59,094| |---|---|---|---|---| - 8 - **TOGS CENTRE** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **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 2022** ## **1 Accounting policies** **(Continued)** ## **1.5 Resources expended** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. 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 measured at cost, 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 ## **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 2022** ## **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**
**Total**
Unrestricted
Restricted
**funds**
**funds**
funds
funds
**2022**
**2022**
**2022**
2021
2021
**£**
**£**
**£**
£
£
Donations and gifts
474
-
474
341
-
Grants
47,360
36,677
84,037
45,690
16,486
47,834
36,677
84,511
46,031
16,486|Total
2021
£
341
62,176
62,517| |---|---| ## **4 Charitable activities** |||**Support**|Support| |---|---|---|---| |||**families of**|families of| |||**children with**|children with| |||**special needs**|special needs| |||**2022**|2021| |||**£**|£| ||Other income|11,339|13,242| |**5**|**Investments**||| |||**Unrestricted**|Unrestricted| |||**funds**|funds| |||**2022**|2021| |||**£**|£| ||Interest receivable|7|24| - 11 - ## **TOGS CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022** |**6**|**Raising funds**
**Unrestricted**
**Restricted**
**Total**
Unrestricted
**funds**
**funds**
funds
**2022**
**£**
**2022**
**£**
**2022**
**£**
2021
£
Fundraising and publicity
Postage and stationery
296
-
296
49
Repairs and renewals
4,523
200
4,723
5,147
Other fundraising costs
1,128
-
1,128
1,306
Staff costs
4,901
-
4,901
4,027
Fundraising and publicity
10,848
200
11,048
10,529
Trading costs
Other trading activities
3,491
-
3,491
3,338
14,339
200
14,539
13,867|**Raising funds**
**Unrestricted**
**Restricted**
**Total**
Unrestricted
**funds**
**funds**
funds
**2022**
**£**
**2022**
**£**
**2022**
**£**
2021
£
Fundraising and publicity
Postage and stationery
296
-
296
49
Repairs and renewals
4,523
200
4,723
5,147
Other fundraising costs
1,128
-
1,128
1,306
Staff costs
4,901
-
4,901
4,027
Fundraising and publicity
10,848
200
11,048
10,529
Trading costs
Other trading activities
3,491
-
3,491
3,338
14,339
200
14,539
13,867| |---|---|---| |||10,529| |||3,338| |||13,867| - 12 - ## **TOGS CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022** ## **7 Charitable activities** ||**Support**|Support| |---|---|---| ||**families of**|families of| ||**children with**|children with| ||**special needs**|special needs| ||**2022**|2021| ||**£**|£| |Staff costs|41,510|30,007| |Depreciation and impairment|2,259|1,872| |Sundries|7,865|7,471| |Transport and travel|475|999| |Resource costs|3,153|124| ||55,262|40,473| |Share of governance costs (see note 8)|673|673| ||55,935|41,146| |**Analysis by fund**||| |Unrestricted funds|39,313|24,223| |Restricted funds|16,622|16,923| ||55,935|41,146| |**For the year ended 31 March 2021**||| |Unrestricted funds|24,223|| |Restricted funds|16,923|| ||41,146|| ## **8 Support costs** |**Support costs Governance**
**costs**
**£**
**£**
Independent examination
fees
-
660
Legal and professional
-
13
-
673
Analysed between
Charitable activities
-
673|**2022**Support costs
Governance
costs
**£**
£
£
660
-
660
13
-
13
673
-
673
673
-
673|2021
£
660
13
673
673| |---|---|---| Governance costs includes payments to the accountants of £660 (2021 - £660) for independent examination fees. - 13 - ## **TOGS CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022** ## **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 (2021 - £nil) expenses. ## **10 Employees** The average monthly number of employees during the year was: ||**2022**|**2021**| |---|---|---| ||**Number**|**Number**| ||8|8| |**Employment costs**|**2022**|**2021**| ||**£**|**£**| |Wages and salaries|45,813|33,486| |Other pension costs|598|548| ||46,411|34,034| No employees received emoluments in excess of £60,000. There were no employees whose annual remuneration was more than £60,000. ## **11 Other** ||**Endowment**|**Endowment**| |---|---|---| ||**funds**|**funds**| ||**2022**|**2021**| ||**£**|**£**| |Depreciation on freehold land & buildings|7,310|7,310| ||7,310|7,310| - 14 - ## **TOGS CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022** |**12**
**Tangible fixed assets**
**Freehold**
**land and**
**buildings**
**Plant and**
**equipment**
**£**
**£**
**Cost**
At 1 April 2021
365,522
73,330
Additions
-
3,304
At 31 March 2022
365,522
76,634
**Depreciation and impairment**
At 1 April 2021
151,888
68,572
Depreciation charged in the year
7,310
2,259
At 31 March 2022
159,198
70,831
**Carrying amount**
At 31 March 2022
206,324
5,803
At 31 March 2021
213,634
4,758
**13**
**Debtors**
**2022**
**Amounts falling due within one year:**
**£**
Other debtors
-
Prepayments and accrued income
2,779
2,779
**14**
**Creditors: amounts falling due within one year**
**2022**
**£**
Other taxation and social security
162
Accruals and deferred income
660
822|**Total**
**£**
438,852
3,304| |---|---| ||442,156| ||220,460
9,569| ||230,029| ||212,127| ||218,392| ||**2021**
**£**
195
2,711| ||2,906| ||**2021**
**£**
79
660| ||739| ## **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 £598 (2021 - £548). - 15 - **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022** ## **TOGS CENTRE** ## **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 2020**|**expended**|**1 April 2021**|**expended**|**31 March**| ||||||**2022**| ||**£**|**£**|**£**|**£**|**£**| |**Expendable endowments**|||||| |Fixed Assets|220,944|(7,310)|
213,634|(7,310)|206,324| ||220,944|(7,310)|
213,634|(7,310)|206,324| 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 2022** ## **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**|**Movement in funds**|| |---|---|---|---|---|---|---|---| ||**Balance at**|**Incoming**|**Resources**|**Balance at**|**Incoming**|**Resources**|**Balance at**| ||**1 April 2020**|**resources**|**expended**|**1 April 2021**|**resources**|**expended**|**31 March**| ||||||||**2022**| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**| |Lloyds TSB|2,000|-|-|2,000|-|-|2,000| |Pontypool Community Council|26|-|-|26|-|(26)|-| |Monmouthshire Building Society|61|-|-|61|-|-|61| |Lottery Funding Wales|-|-|-|-|8,182|(6,308)|1,874| |Cwmbran Trust|-|-|-|-|3,000|-|3,000| |Church in Wales|18|-|-|18|-|-|18| |TCBC Partnership Inclusion Worker grant|-|-|-|-|20,627|-|20,627| |Magic Little Grants|194|500|(337)|
357|-|-|357| |Comic Relief Community Fund|6,682|-|(6,682)|
-|915|(915)|-| |The Prince’s Trust|322|-|(322)|
-|-|-|-| |ICF Funding through TVA|-|4,230|(1,830)|
2,400|3,953|(4,035)|2,318| |COVID-19 Fund TVA|-|500|(500)|
-|-|-|-| |Laura Ashley Foundation|2,090|-|(1,009)|
1,081|-|(1,081)|-| |COVID-19 Resilience Fund|-|5,000|(3,686)|
1,314|-|(759)|555| |Tampon Tax Fund|-|6,256|(2,558)|
3,698|-|(3,698)|-| ||11,393|16,486|(16,924)|
10,956|36,677|(16,822)|30,811| - 17 - ## **TOGS CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## **FOR THE YEAR ENDED 31 MARCH 2022** ## **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. ## **Cwmbran Trust** Funds received for repairs to the automatic door. ## **TCBC Partnership Inclusion Worker** Funds received for an additional full time staff member and the associated pension costs. ## **Lottery Funding Wales** Funds received for wages for sessions for 12 months. - 18 - ## **TOGS CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022** ## **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 2020**|**expended**||**1 April 2021**|**expended**||**31 March**| ||||||||**2022**| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**| |Building|||||||| |repairs &|||||||| |maintenance|7,894|(3,378)|10,000|14,516|(810)|16,294|30,000| ||7,894|(3,378)|10,000|14,516|(810)|16,294|30,000| The designated funds have been set aside to provide building repairs and maintenance to the TOGS Centre. - 19 - ## **TOGS CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## **FOR THE YEAR ENDED 31 MARCH 2022** |**19**
**Analysis of net assets between funds**
**Unrestricted**
**Restricted Endowment**
**2022**
**2022**
**2022**
Fund balances at 31 March 2022 are represented by:
**£**
**£**
**£**
Tangible assets
4,502
1,301
206,324
Current assets/(liabilities)
56,089
29,510
-
60,591
30,811
206,324|**Total**
Unrestricted
Restricted
Endowment
Total
**2022**
2021
2021
2021
2021
**£**
£
£
£
£
212,127
2,555
2,203
213,634
218,392
85,599
52,508
8,753
-
61,261
297,726
55,063
10,956
213,634
279,653| |---|---| - 20 - ## **TOGS CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022** ## **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 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 in debtors
Increase in creditors
**Cash generated from operations**
**22**
**Analysis of changes in net funds**
The charity had no debt during the year.|**2022**
**£**
19,949
**2022**
**£**
18,073
(7)
9,569
127
83
27,845|**2021**
**£**
17,595
**2021**
**£**
13,460
(24)
9,182
92
79
22,789| |---|---|---| - 21 - **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 2022 . 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 26 / 09 / 2022……………………………… Date Audit Trail Title TOGS Centre Ltd Accounts and Supporting Documents 31/03/2022... File Name Client - Ac..._333654.pdf and 2 others Document ID 0aaa8ef4a02b72819b26c188b5e12c9347a0486a Audit Trail Date Format DD / MM / YYYY Status Signed **15 / 09 / 2022** Sent for signature to Joanne Gauden (togs@btconnect.com) and 12:06:00 UTC+1 John Griffiths (john.griffiths@uhy-newport.com) from i.jones@uhy-newport.com IP: 195.224.219.58 **15 / 09 / 2022** Viewed by John Griffiths (john.griffiths@uhy-newport.com) 12:39:09 UTC+1 IP: 148.252.133.240 **15 / 09 / 2022** Signed by John Griffiths (john.griffiths@uhy-newport.com) 13:12:18 UTC+1 IP: 195.224.219.58 **22 / 09 / 2022** Viewed by Joanne Gauden (togs@btconnect.com) 14:58:17 UTC+1 IP: 31.49.165.32 **26 / 09 / 2022** Signed by Joanne Gauden (togs@btconnect.com) 11:47:27 UTC+1 IP: 2.98.100.103 **26 / 09 / 2022** The document has been completed. 11:47:27 UTC+1