2024-03-31-accounts

PB/SAM/N20011/580641

2 December 2024

Private and Confidential

E [e-mail]

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 2024 and would be grateful if you 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 need to be filed at Companies House by 31 December 2024.

Please note, that we are unable to proceed with filing the accounts with the relevant authorities until all enclosed documents have been returned signed.

Yours sincerely

PAUL BYETT MANAGING PARTNER [e-mail]

Charity registration number 1094764 (England and Wales)

Company registration number 4491401

TOGS CENTRE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

TOGS CENTRE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees	Mr S J Brooks
	Mr J S Davenne
	Mrs N P Parrish
	Ms K Evans
	Ms J Gauden
	Mr J E Killick
	Ms O Williams
Secretary	Mr J E Killick
Charity number (England and Wales)	1094764
Company number	4491401
Registered office	TOGS Family Centre
	The Highway
	New Inn
	Pontypool
	Gwent
	United Kingdom
	NP4 0PH
Independent examiner	UHY Hacker Young
	Bradbury House
	Mission Court
	Newport
	Gwent
	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 2024

TOGS CENTRE

The trustees present their annual report and financial statements for the year ended 31 March 2024.

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 0 to 17 years and parent and carer support groups, skills sessions for young people not attending full-time educational provisions, 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 2024

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 £264,970, 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 £51,288; of this amount £30,000 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 £1,288 of discretionary cash.

Endowment fund Restricted fund Unrestricted fund	Spent on fixed assets 191,704 - 2,066 ────── 193,770 ══════	Restricted cash - 17,767 - ────── 17,767 ══════	Discretionary cash - - 21,288 ─────── 21,288 ═══════	Designated cash 30,000 ─────── 30,000 ═══════	Other assets/ liabilities - - 1,957 ──────── 1,957 ════════	Total funds
					── ══	191,704 17,767 55,311 ────── 264,782 ══════

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:

Mr S J Brooks Mr J S Davenne Mr R Green Mrs N P Parrish Ms K Evans Ms J Gauden Mr J E Killick Ms O Williams

(Resigned 1 June 2024)

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 2024

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.

Post balance sheet events

Impact of Action for children our sub-under tenants leaving post year end have meant that the TOGs Centre have needed more funding to keep the centre and sessions running that came in the form of some additional small grants as we have taken on the running and regulatory costs. This does mean TOGs Centre can develop its services (dependent on funding streams) and provide more support in the future to the vulnerable families we support.

The Trustees report was approved by the Board of Trustees.

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

Ms J Gauden Trustee Dated: .........................02 / 12 / 2024

• 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 2024.

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.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 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. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

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 Companies Act 2006.

• 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 Companies Act 2006 other than any requirement that the financial statements 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 financial statements 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

Bradbury House Mission Court Newport Gwent NP20 2DW United Kingdom Date: ............................03 / 12 / 2024

• 4 -

TOGS CENTRE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

Current financial year Unrestricted Restricted Endowment funds funds funds 2024 2024 2024 Notes £ £ £ Income from: Donations and legacies 3 59,513 34,633 - Charitable activities Support families of children with special needs 4 9,549 - - Investments 5 465 - - Total income 69,527 34,633 - Expenditure on: Raising funds 6 13,355 75 - Charitable activities 7 60,289 26,394 - Other 11 - - 7,310 Total resources expended 73,644 26,469 7,310 Net movement in funds (4,117) 8,164 (7,310) Fund balances at 1 April 2023 59,428 9,603 199,014 Fund balances at 31 March 2024 55,311 17,767 191,704	Total 2024 £ 94,146 9,549 465 104,160 13,430 86,683 7,310 107,423 (3,263) 268,045 264,782	Total 2023 £ 66,194 13,925 153 80,272 14,312 88,331 7,310 109,953 (29,681) 297,726 268,045

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

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 2024

Prior financial year

Unrestricted Restricted Endowment funds funds funds 2023 2023 2023 Notes £ £ £ Income from: Donations and legacies 3 56,604 9,590 - Charitable activities Support families of children with special needs 4 13,925 - - Investments 5 153 - - Total income 70,682 9,590 - Expenditure on: Raising funds 6 11,151 3,161 - Charitable activities 7 60,694 27,637 - Other 11 - - 7,310 Total resources expended 71,845 30,798 7,310 Net movement in funds (1,163) (21,208) (7,310) Fund balances at 1 April 2022 60,591 30,811 206,324 Fund balances at 31 March 2023 59,428 9,603 199,014

Total 2023 £ 66,194 13,925 153 80,272 14,312 88,331 7,310 109,953 (29,681) 297,726 268,045

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

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 2024

		2024		2023
	Notes	£	£	£	£
Fixed assets
Tangible assets	13		193,770		202,684
Current assets
Debtors	14	3,397		3,089
Cash at bank and in hand		69,055		63,071
		72,452		66,160
Creditors: amounts falling due within
one year	15	(1,440)		(799)
Net current assets			71,012		65,361
Total assets less current liabilities			264,782		268,045
Capital funds
Endowment funds - general	17		191,704		199,014
Income funds
Restricted funds	18		17,767		9,603
Unrestricted funds
Designated funds	19	30,000		30,000
General unrestricted funds		25,311		29,428
			55,311		59,428
			264,782		268,045

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 2024.

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.

The financial statements were approved by the Trustees on .........................02 / 12 / 2024

.............................. Ms J Gauden Trustee

Company Registration No. 4491401

• 7 -

TOGS CENTRE

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

Notes Cash flows from operating activities Cash generated from/(absorbed by) operations 22 Investing activities Investment income received Net cash generated from investing activities Net cash generated from 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	2024 £ 465	£ 5,519 465 - 5,984 63,071 69,055	2023 £ £ (20,724) 153 153 - (20,571) 83,642 63,071

• 8 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

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 or grantors 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 2024

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 2024

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 Income from donations and legacies

Unrestricted Restricted funds funds 2024 2024 £ £ Donations and gifts 3,422 - Grants 56,091 34,633 59,513 34,633	Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 3,422 2,076 - 90,724 54,528 9,590 94,146 56,604 9,590	Total 2023 £ 2,076 64,118
		66,194

4 Charitable activities

	Support	Support
	families of	families of
	children with	children with
	special needs	special needs
	2024	2023
	£	£
Other income	9,549	13,925

5 Income from investments

	Unrestricted	Unrestricted
	funds	funds
	2024	2023
	£	£
Interest receivable	465	153

• 11 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

6	Raising funds
	Unrestricted Restricted funds funds 2024 2024 £ £ Fundraising and publicity Postage and stationary 92 - Repairs and renewals 7,644 75 Other fundraising costs 1,190 - Staff costs 500 - Fundraising and publicity 9,426 75 Trading costs Other trading activities 3,929 - 13,355 75	Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 92 252 136 7,719 5,962 2,925 1,190 796 100 500 494 - 9,501 7,504 3,161 3,929 3,647 - 13,430 11,151 3,161	Total 2023 £ 388 8,887 896 494
			10,665
			3,647
			14,312

• 12 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

7 Charitable activities

Staff costs Depreciation and impairment	Support families of children with special needs Support families of children with special needs 2024 2023 £ £ 64,443 66,628 1,604 2,133 9,340 7,739 6,819 5,430 3,021 5,668 85,227 87,598 1,456 733 86,683 88,331 60,289 60,694 26,394 27,637 86,683 88,331 60,694 27,637 88,331 2024 Support costs Governance costs 2023 £ £ £ £ 1,443 - 720 720 13 - 13 13 1,456 - 733 733 1,456 - 733 733	Support families of children with special needs Support families of children with special needs 2024 2023 £ £ 64,443 66,628 1,604 2,133 9,340 7,739 6,819 5,430 3,021 5,668 85,227 87,598 1,456 733 86,683 88,331 60,289 60,694 26,394 27,637 86,683 88,331 60,694 27,637 88,331 2024 Support costs Governance costs 2023 £ £ £ £ 1,443 - 720 720 13 - 13 13 1,456 - 733 733 1,456 - 733 733
		2023 £ 66,628 2,133 7,739 5,430 5,668
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 2023 Unrestricted funds Restricted funds Support costs Support costs Governance costs £ £ Independent examination fees - 1,443 Legal and professional - 13 - 1,456 Analysed between Charitable activities - 1,456
		87,598 733
		88,331
		60,694 27,637
		88,331
		2023 £ 720 13
		733
		733

8 Support costs

Governance costs includes payments to the accountants of £1,443 (2023 - £720) for independent examination fees.

• 13 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

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 (2023 - £nil) expenses.

10 Employees

The average monthly number of employees during the year was:

	The average monthly number of employees during the year was:
		2024	2023
		Number	Number
		8	8
	Employment costs	2024	2023
		£	£
	Wages and salaries	63,106	65,869
	Other pension costs	1,837	1,253
		64,943	67,122
	No employees received emoluments in excess of £60,000.
	There were no employees whose annual remuneration was more than £60,000.
	Remuneration of key management personnel
	The remuneration of key management personnel was as follows:
		2024	2023
		£	£
	Aggregate compensation	23,169	21,861
11	Other
		Endowment	Endowment
		funds	funds
		2024	2023
		£	£
	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 2024

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

13 Tangible fixed assets

Freehold land and buildings Plant and equipment £ £ Cost At 1 April 2023 365,522 76,634 At 31 March 2024 365,522 76,634 Depreciation and impairment At 1 April 2023 166,508 72,964 Depreciation charged in the year 7,310 1,604 At 31 March 2024 173,818 74,568 Carrying amount At 31 March 2024 191,704 2,066 At 31 March 2023 199,014 3,670 14 Debtors 2024 Amounts falling due within one year: £ Other debtors 402 Prepayments and accrued income 2,995 3,397 15 Creditors: amounts falling due within one year 2024 £ Other taxation and social security - Accruals and deferred income 1,440 1,440	Total £ 442,156
	442,156
	239,472 8,914
	248,386
	193,770
	202,684
	2023 £ - 3,089
	3,089
	2023 £ 79 720
	799

• 15 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

16	Retirement benefit schemes
		2024	2023
	Defined contribution schemes	£	£
	Charge to profit or loss in respect of defined contribution schemes	1,837	1,253

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.

17 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 2022	expended	1 April 2023	expended	31 March
					2024
	£	£	£	£	£
Expendable endowments
Fixed Assets	206,324	(7,310)	199,014	(7,310)	191,704
	206,324	(7,310)	199,014	(7,310)	191,704

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 -

Restricted funds	The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.	Movement in funds Movement in funds	Balance at Incoming Resources Balance at Incoming Resources Balance at	1 April 2022 resources expended 1 April 2023 resources expended 31 March	2024	£ £ £ £ £ £ £	Lloyds TSB 2,000 - - 2,000 - - 2,000	Gwent Regional Integration Fund - 2,590 (2,590) - - - -	Children in Need - - - - 15,000 (8,866) 6,134	Monmouthshire Building Society 61 - - 61 - (61) -	Lottery Funding Wales 1,874 - (1,874) - - - -	Cwmbran Trust 3,000 - (2,925) 75 - (75) -	Church in Wales 18 - - 18 - (18) -	TCBC Partnership Inclusion Worker grant 20,627 - (18,933) 1,693 - (1,693) -	Magic Little Grants 357 - - 357 - (357) -	Gwent High Sheriff Community Fund - 5,000 - 5,000 5,000 (5,000) 5,000	Morrisons Foundation - - - - 2,539 - 2,539	ToyTrust - - - - 2,094 - 2,094	ICF Funding through TVA 2,318 - (1,998) 320 - (320) -	COVID-19 Fund TVA 556 - (477) - - - -	COVID-19 Resilience Fund - - - 79 - (79) -	Community Foundation in Wales - - - - 10,000 (10,000) -	TVA - Uniform and Training - 2,000 (2,000) - - - -	30,811 9,590 (30,797) 9,603 34,633 (26,469) 17,767
18

(Continued)
Restricted funds	Lloyds TSB	Funds received for a residential trip.	Gwent integration Fund	Funds received to offer support to those awaiting assessment and to those who do not meet the criteria for diagnosis.	Children in Need	Funds received for wages for sessions for 12 months.	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.	Gwent High Sheriff Community Fund	Funds received for wages, volunteer expenses and activities for 12 months.	Morrisons Foundation	Funds received for play equipment at the TOGS Centre.		ToyTrust	Funds received for play equipment 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.	TVA	Funds received for training sessions and uniforms.
18

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

TOGS CENTRE

19 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

	At 1 April 2023	Incoming	Resources	At 31 March
		resources	expended	2024
	£	£	£	£
Building repairs & maintenance	30,000	-	-	30,000
General funds	29,428	69,527	(73,644)	25,311
	59,428	69,527	(73,644)	55,311
Previous year:	At 1 April 2022	Incoming	Resources	At 31 March
		resources	expended	2023
	£	£	£	£
Building repairs & maintenance	30,000	-	-	30,000
General funds	30,591	70,682	(71,845)	29,428
	60,591	70,682	(71,845)	59,428

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

20 Analysis of net assets between funds

Unrestricted Restricted Endowment funds funds funds 2024 2024 2024 £ £ £ At 31 March 2024: Tangible assets 2,066 - 191,704 Current assets/(liabilities) 53,245 17,767 - 55,311 17,767 191,704 Unrestricted Restricted Endowment funds funds funds 2023 2023 2023 £ £ £ At 31 March 2023: Tangible assets 3,271 399 199,014 Current assets/(liabilities) 56,157 9,204 - 59,428 9,603 199,014	Total 2024 £ 193,770 71,012
	264,782
	Total 2023 £ 202,684 65,361
	268,045

• 19 -

TOGS CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

21 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

22 Cash generated from/(absorbed by) operations 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: (Increase) in debtors Increase/(decrease) in creditors Cash generated from/(absorbed by) operations	2024 2023 £ £ (3,263) (29,681) (465) (153) 8,914 9,443 (308) (310) 641 (23) 5,519 (20,724)

23 Analysis of changes in net funds

The charity had no material debt during the year.

• 20 -

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

UHY Hacker Young Bradbury 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 2024 .

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.

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

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

14. 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.

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

Yours faithfully

…………………………………

Signed on behalf of the board

……………………………… 02 / 12 / 2024 Date

Audit trail Audit trail

9 Dropbox Sign Sign

TOGS Centre Accounts and Supporting Documentation for Year... Title Title File name File name Letter_to_C....03.24_.pdf and 2 others Document ID Document ID 4ffbcd1fdd71e21794c6bacfbdc81f021161097f Audit trail date format Audit trail date format DD / MM / YYYY Status Status ° Signed

02 / 12 / 2024 Sent for signature to Joanne Gauden 12:10:58 UTC ([e-mail]) and Paul Byett ([e-mail]) from [e-mail] IP: 195.224.219.58 02 / 12 / 2024 Viewed by Joanne Gauden ([e-mail]) 12:27:34 UTC IP: 86.159.41.12 02 / 12 / 2024 Signed by Joanne Gauden ([e-mail]) 13:11:20 UTC IP: 159.86.202.135 03 / 12 / 2024 Viewed by Paul Byett ([e-mail]) 10:55:52 UTC IP: 195.224.219.58 03 / 12 / 2024 Signed by Paul Byett ([e-mail]) 10:56:05 UTC IP: 195.224.219.58 03 / 12 / 2024 The document has been completed. 10:56:05 UTC

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