REGISTERED COMPANY NUMBER: 04440970
REGISTERED CHARITY NUMBER: 1095035
REPORT OF THE TRUSTEESAND
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024
FOR
SWANSEAAND BRECON DIOCESAN BOARD FOR
SOCIAL RESPONSIBILITY
(A COMPANY LIMITED BY GUARANTEE)
KNOWN AS FAITH IN FAMILIES
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Chairperson's Report
Report of the Trustees
2-24
Report of the Independent Auditor
25-28
Statement of Financial Activities
29
Balance Sheet
30-31
Cash Flow Statement
32
Notes to the Cash Flow Statement
33
Notes to the Financial Statements
34-47

SWANSEAAND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
CHAIRERSON'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
As the new Chair of Trustees for Faith in Families (Swansea and Brecon Diocesan Board for Social
Responsibility) it would be remiss of me not to stsrt by acknowledging the work of the outgoing Chair, the
Venerable Alan Jevons, Archdeacon of Brecon. On behalf of the Board, I would like to thank Alan for his ten
years of Servi￿ as Chair of Trustees during which he steered the organisation to navigate challenging times
and develop.
2023124 was a notable year in the fact that it was the 25th year of the existence of Faith in Families. Whilst
incredibly important to acknowledge that milestone it was sobering to think that a quarter of a century since its
inception the services provided by Faith in Families are needed now more than ever. As a Board we are
extremely proud that the organisation has continuously developed and adapted its seNices over that time, to
be as responsive as possible to meet the needs of the children and their families in the communities we serve.
As a Board we extend our heartfelt thanks to our incredibly adaptive and passionate staff team. Their empathy
and understanding of the situations the children and families we support find themselves in is truly inspiring.
Research has shown 'stigma is a powerful glue that holds poverty in place, enabling and exacerbating
inequalities of wealth, health and opportunity., (JRF 2024). Our staff understand this and through our
Community Cwtches, Day Care provision, Brighter Futures and Inspiring Futures projects, and St Johns
wellbeing Centre, they work tirelessly with individuals and groups, treating people with respect and dignity,
encouraging and enabling them to develop the tools they need to fulfil their potential despite whatever life has
thrown at them to date.
2023124 was certainly a busy year that saw more changes within the organisation than in previous years. We
welcomed new Board members that keptthe commitmentto diversify the makeup of the Board. Awareness
of the organisation grew exponentially thanks to the support of the local business community, many of whom
adopted Faith in Families as their Charity of the Year. Their support financially and'in kind, has been incredible
both in terms of physical changes e.g. the new roof at St Teilo's and. helping to raise awareness and create a
wider understanding of the causes and cOnsequen￿S of povety in our communities. The launch in March
2024 of Cwtch Mawr, Wales's only Multibank was something of a shift in service provision but the impact of
that seNice will provide interesting reading in the 2024125 report.
I have worked for almost thirty years in roles that have focused on tackling povety, and it is heartbreaking to
think that poverty levels in the UK today are as bad as they have been for decades. Current levels of povety
in the U.K. are 50 % higher than they were in the 1980s. However, now is not the time to be either complacent
or fatalistic about poverty levels. Now, more than ever it is important to focus on making a difference and doing
all that we can individually and collectively to..
continue to deliver our extraordinary services to improve the very real day to day impact living in povety
has on children and their families.
continue to offer the training and support and advice to parents so that they can be the positive role
models they want to be for their Children,
start using our ne￿Ork of influence to better inform people of the extent of poverty in our communities
and develop a movement for change so that we can be part of a campaign to bring about the policy
changes to minimise the number of people experiencing povety.
Karen Devonshire
Chair, Swansea and Brecon Diocesan Board of Social Responsibility
Page 1

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their
reportwith the financial statementsof the charityfor the year ended 31 March 2024. The trustees have adopted
the provisions of 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 2019).
The report is also prepared in accordance with the small company regime (Section 419(2) of the Companies
Act 2006).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04440970
Registered Charity number
1095035
Registered office
Teilo's Community Cwtch
62 Cheriton Crescent
Portmead
Swansea
SA5 SLA
Trustees and Board Members
The charities trustees during the year were..
Specific responsibilities
The Venerable Alan Jevons
Ms K J Devonshire
Mrs E M Searle
Revd. R Davies-Hannen
Mr J T Lovell
MrNEKing
Mr J E Meredith
Revd. lan Drew Jones
Ms H R Bowden
Mr A Brayley
Ms J J Harrington
Mr M P Jones
Ms J Parker
Mr R Davies
Ms B L Thomas
Chair until 7 December 2023
Chair from 7 December 2023
Fundraising & Strategy
Finance
Strategy
Finance
General
Finance
Personnel & Strategy & Fundraising
Personnel & Strategy
Fundraising & Strategy
Finance & Personnel
Finance & Fundraising (Vice Chair)
Finance
Fundraising
(Resigned 11 January 2024)
(Appointed 30 January 2024)
(Appointed 30 January 2024)
Changes to trustees and Board Members since the year end
MrNEKing
(Resigned 5 September 2024)
Revd. lan Drew Jones
(Resigned 5 September 2024)
Revd. L J Morgan
(Appointed 5 December 2024)
Ms M E Bayton
(appointed 5 December 2024)
Company Secretary
Mrs S Atkins
Page 2

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS- Continued
Auditors
MHA- Chartered Accountsnts
Charter Court
Pheonix Way
Swansea Enterprise Park
Llansamlet
Swansea
SA7 9FS
Solicitors
George Tudor & De Winton Solicitors
8A High Street
Brecon Powys
LD3 7AL
Bankers
National Westminster Bank PLC
14116A Oxford Street
Swansea
SA13AG
Page 3

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE. GOVERNANCEAND MANAGEMENT
Governing document
The charity is controlled by its Memorandum and Articles of Association, and constitutes a limited company,
limited by guarantee, as defined by the Companies Act 2006. This document was reviewed and updated on
15 September 2022 to reflect more accurately what the organisation does in practi￿ and to ensure that
trusteesldirectors are appointed in a more open and transparent way, encouraging inclusion, equality and
diversity.
Recruitment and appointment of new trustees
The chairperson is appointed by the members of the Board. Membership of the Board is open to those who
play an active role in Swansea and are interested and encouraged by our work those with Diocesan
connections are to be agreed with the Diocesan Standing Committee. Board members have the autonomy to
appoint those who they deem experienced and have the ne￿$sary skills to help drive and sustain the
organisation. All members of the Board shall retire from office at the end of a three-year period but may be re-
elected or re-appointed for a further three-year period.
Organisational structure
The trustees meet approximately fourtimes annually and the day-to4ay activities of the Board are undertaken
by the staff members, assisted by the Officers of the Board. For various projects undertaken, volunteers, both
formally and infomally, also assist with some of the service delivery. Several of the projects act as training
venues for students on placementfrom a variety ofeducational establishments. Strategy, Fundraising. Finance
and Personnel sub-committees have been set up to increase trustee participation and engagementwhich feed
into an Executive Committee {should the need arise to convene) made up of the Chairs of the respective
committees and the Chair of the Board.
The Chair of the Finance Committee is supported by other trustees, in: acting as a sounding board and source
of advice to key personnel on major areas of chance, innovation and development., undertake monitoring and
supervision of current and future financials and associated risks to the organisation., have oversight of the
internal and extemal audit arrangements including resourcing,. review of plans and reports and assisting in
porting this to the trustees and assist in identifying priorities for additional expenditure.
The Chair of the Personnel Committee is supported by other trustees in; ensuring the provision of a supportive,
inclusive and enabling environment for staff and volunteers,. providing oversight of human resources policies,
ensuring that our organisation meets all legal requirements and compiles with best practice. delegating to the
HR Manager, and key personnel as appropriate,. ensuring a process is in place for reviewing and setting an
appropriate remuneration package for all staff where appropriate in line with agreed budgets- acting on behalf
of the trustees on any urgent matter relating to human resources e.g. participate in disciplinary or grievance
proceedings should the need arise etc.; being involved in the recruitment process of key Senior roles as
appropriate.
Induction and training of new trustees
Trustees are encouraged to attend appropriate training seminars, which are circulated from time to time. A full
induction programme has been developed to support new trustees.
Key management personnel
Key management personnel are considered to be those personnel who are not trustees but sit within ke
operational and strategic roles. The total employee benefits of the key management personnel were £153,47
The Board endeavours to ensure within their powers and if appropriate, that employees should receive
remuneration In line with at least the Real Living Wage, once probationary periods have been successfully
passed.
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCEAND MANAGEMENT- Continued
Partnership working
Ourcharity strongly believes in the values of working in partnershipwith statutory and voluntary organisations
and the communities who share the ethos of ourwork, togethertsckling the issues of deprivation and meeting
the needs ofthe families and children within theircommunities. By representation on a number ofappropriate
agencies, we aim to make a real and measurable difference to individuals in our area. Integrated service
delivery permits the linking of initiatives for best value, enables the facilitation of community services inclusive
for all and sharing experiences and stories that provides better long-term outcomes based on individual
circumstances. By working in a joined-up manner we ensure that services from all agencies complement
each other ratherthan duplicate and build on the opportunities and choices for children and families, creating
stronger appropriate partnerships for better outcomes.
We work together with:
Adult Learning Wales
ALN teams (Health and LA)
Best Start Swansea
Brecon Foodbank
Busy Bee Group
CAMHS in Reach team
Case (UK) Ltd
Children's Play Team
Children's Rights Unit
Children in Wales (Chief Executive Officer is a trustee and sits on the Policy Committee)
Citizens Advice Bureau
Clase for All
Clybiau Plant Cymru
Community Connectors (Brecon)
Communities for Work
Community Pediatricians
Community Poli
DACE
Dementia Friendly Community Brecon
Design to Smile
Drug Aid
DWP
Early Help Hubs
Early Language Development Team
Eastside Foodbank
Eastside Housing Office
Educational Psychologists
Employment Training
Evolve
Exchange Swansea
Grace Church
Family Housing
Family Partnership Team
Fire Servi
Flying Start
Foodbank Swansea
Food cycle
Good Things Foundation
Gower College
Housing Officers
Housing Options
Humanities Health Hub
Info Nation
Page 5

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT- Continued
Partnership working, continued
Involve
Jigso
Job Centre
Kin Cymru
Lamplighter
Lifelong Learnirsg
Local Area Coordinators
Local Community Centres
Local CouncilorslAM's
Local Health Service
Local libraries
Local Poli￿ and PCSO'S
Local SchoolslGoverning BoardslEducation Department
Menter laith
Mind
Mirus
Mothers Union
Mr.X
National Day Nurseries Association
NPTC group
NSPCC
Nutritionists
Occupational Therapy
Ogof Adullum
One Stop Domestic Violence Support
Parish of Sketty
Pilotlight
Play Opportunity Library
Pobl Housing Group
Powys Association of Voluntary Organisations
Priory School
Physiotherapists
Road Safety Team
SA1 Solutions Ltd
SNAP Cymru
Social Services
Speech and Language
Speech Therapists
St Ca￿g Ministry Area
St Teilo's of Caereithin
Stepping Stones
Swansea Carers Centre
Swansea University
swansea.com
TAF Team
Tesco Fairshare
The Wave (Cash for Kids)
Trussell Trust
Ty Fforest Resource Hub
Wellbeing Centre
Welsh Council for Voluntary Action (Chief Executive Officer is a Trustee)
Welsh Government (30 hour Childcare offer and Tax free childcare schemes)
INhitehead-Ross Educats'ons and Consulting
Women's Aid
Workways
W.P.P.A- Wales Preschool Providers Association
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCEAND MANAGEMENT- Continued
Partnership working, continued
We also work closely with other agencies to co-ordinate the delivery of services at a strategic and individual
level.
We work in partnership with local Parishes and Ministry areas, supporting them with their recruitment and
payroll needs, enabling them to fulfil their mission of helping and assisting their local communities. Our
partnerships include Parish of Sketty; St James. Uplands., St Catwg. Anna Chaplaincy and St Teilo's- the
Lamplighter.
Corporate partners
We have developed some excellent relationships with local businesses. that see the value in our work and
supporting a local children's charity, the benefits of which are seen across communities in Swansea.
Charities raising their profile or raising funds with corporates need to recognise that there are wide ranging
benefits but also inherent risks. Faith in Families take appropriate steps to identify and address these risks
before starting an agreement.
Over this period, we have been fortunate to receive support from..
Amazon
Belvoirl
BNI
Caredig
Coastal Housing
Core Genic
Eloquent PR
FSG (Facilities Services Group)
Ginger and Tall
LiteBulb
Low Cost Printing
P.E.S
Peter Lynn and Partners
Plexus Fire and Security
The Pobl Group
Rethink PR and Marketing
SA1 Group
Sturgess Mortgage Solutions
Swansea Building Society
Veego
Related parties
The Board have identified thefollowing as related parties, due to the existenceof common control orinfluence-
Swansea & Brecon Diocesan Board of Finance
Swansea & Brecon Diocesan Trust
The Wellbeing Project Brecon
The trustees
The audit committee
Key management personnel
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCEAND MANAGEMENT- Continued
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.
Our staff payroll system is contracted with EasyBooks Ltd. Our IT needs continue to be undertaken by outside
consultants SA1 Solutions and our stakeholder pension scheme continues to work well with regular review
arrangements in place and information for new staff undertaken by Nicholls Stevens Ltd for our Aviva policies.
Our Health & Safety and Human Resources requirements are handled in-house, with regular input from
CoreGenic consultancy.
All staff, the Board, Board officers and all volunteers working with children have DBS checks undertaken and
projects are inspected by the relevant registration agency where this is a statutory or funding requirement. We
have a child protection and safeguarding policy that is communicated (along with a full suite of policies) during
staff induction processes, reviewed annually and refreshed with all staff across the organisation to ensure
awareness and our commitment to the policy. We have Senior Managers that act as Child Protection
Leads and have undergone robust training. All staff and volunteers undergo safeguarding, first aid and food
hygiene training which is regularly renewed and complies with best practice.
GOING CONCERN
Following the successful award of the Children and Communities Grant, we have a large proportion of our core
funding secure for at least a further year, with ongoing discussions about future years. This funding is likely
to continue until the end of March 2026. with indications from the local authority that a recommissioning
exercise will be undertaken ahead of this. We have secured three years of funding for our Brighter Futures
project from the BIG Lottery, three years of funding from the Waterloo Foundation and the Moondance
Foundation, and indications that our Comic Relief grantwill be extended forfour years. We have successfully
Increased our fundraising strategy with corporate organisations within the year as well as our external
Fundraising efforts, each bringing in incredible support. We end the year with an increase in cash reserves,
which sets us in good stead for the current financial year.
The trustees appreciate the various external and internal factors that prove a risk to going concern.
Notwithstandingthese though, the trustees have assessed that the charity is a going concern and the financial
statements have been prepared on this basis.
OBJECTIVES AND ACTIVITIES
The Charity's objects ("the Objects") are.. for the prevention or relief of povety for public benefit in Swansea by
providing grants, items and services to individuals in need andlor charikn'es, or other organisations working to
prevent or relieve povety, in particular but not exclusively families with young children.
Page 8

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
OBJECTIVES AND ACTIVITIES- Continued
Values statement
We also have reviewed our values statement..
Our Vision
A city where every child can reach their full potential.
Our Mission
Building brighter futures. Rooted in our communities, we nurture
growth, cultivating fairer opportunities for all, especially during
childhood.
Our Culture
Our culture is to promote, instill and demonstrate our values of
CARE: Compassion, Aspiration, Respect, Empathy.
For everyone. Our teams, our communities, our partners and funders.
We have a strong and capable staff team, whom we greatly value and perceive as our main asset. Our
organisation provides a clear sense of purpose and direction, ensuring our teams receive the training,
supervision and support that they need to develop their skills and expertise and to deliver high quality services
in which they can take pride. Our staff are trained in understanding the nature and importance of attachments,
nurturing relationships and emotional responsiveness as well as educational achievement for colleagues,
parents and children alike. linking into our culture of CARE.
Public benefit
The trustees have complied with their duty in relation to section 17(5) of the 2011 Charities Act to have due
regard to guidance published by the Charity Commission in relation to public benefit and have had regard to it
in the administration of the charity- We have referred to the guidance in the Charity Commission's general
guidance on public benefits when reviewing ouraims and objectives and planning future activities. In particular,
the trustees consider how planned activities will contribute to the aims and objectives they have set.
Volunteers
The Board receives the support of volunteer help on an informal and irregular basis, although all volunteers
are required to be authorised and have the necessary DBS check clearance.
Core Services Unit
Faith in Families has a core ServI￿S unit that looks after the design, financial and administration business of
all the projects that we facilitate. Within core services, the staff team collaborate together to ensure a high
standard of efficiency and service delivery with specific responsibilities as follows..
Chief Executive Officer to whom day to day management has been delegated- Cherrie Blja
Responsible for the strategic planning of the organisation to meet the objectives and mission, researching
theories to meet the necessary targets and fundraising to ensure sustainability.
Chief Operating Officer- Sharon Atkins
Responsible for the efficient management of operations, including administration of the organisation,
particularly in regard to ensuring compliance with statutory and regulatory requirements and for ensuring
that decisions of the board of directors are implemented. She undertakes all HR related duties and is the
Company Secretary.
Finance Officer- Chrls Havard
Responsible for financial procedures of each of the projects, budgets, salaries and accounting systems to
ensure that we are accountable and transparent in all of our business dealings.
Admin Marketing and Social Media Assistant- Chelsey Thomas
Responsible for our marketing and social media strategies, refreshing our online presence and developing our
websites, and assists the core team with administration tasks including Board facilitation.
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
OBJECTIVES AND ACTIVITIES- Continued
Community Cwtch ManagerslProject Leads
Responsible for the coordination, delivery and quality of services within the Community Cwtch catchment
areas (and beyond where relevant), liaising with relevant partners to ensure that there is consultation on
community needs in order to tailor support and services.
Community Cwtch Senior Child and Family Workers
To ensure that the play teams provide high quality child and family support within a positive, safe and happy
environment. To help plan, provide and take part in activities to stimulate and support children's educational,
physical, social, language, emotional and play development.
Brighter Futures Team Lead- Linda Harle
Leading a team of highly skilled and experienced practitioners who provide bespoke 1-2-1 interventions for
children who require extra support with- Understanding and managing strong emotions, processing traumatic
events, attachment difficulties, anxiety, self-esteem, family relationships, to namejusta few. They also run group
sessions within schools and in the Community Cwtchs.
Childcare Team Leader- Leanne Evans
Responsible for the quality and accessibility of Early Years Childcare and the smooth and successful transition
into ft)rmal education.
Inspiring Futures Team Leader- Suzanne Baker and assisted by Senior Natasha Cardone.
Leading a team of Outreach Workers with adult education and employability and the barriers that parents
experience in accessing opportunities for these. There is a range of help, support and advice including
budgeting and parenting as well as assisting those who are engaged with statutory services.
Administration Team - Responsible for collation of all monitoring and evaluation reports as well as numerous
administrative and support functions.
Social Responsibility Officer- Jim Page
Is a pastoral appointment via the DI0￿Se as Faith in Families. Chaplain, speaking at churches, Diocesan
conferences and Mothers Union events on our behalf, strengthening links with the Diocese, and providing
support and guidance as appropriate.
The leadership team ensures that we have engaged employees who are aligned with our organisational goals
and energy in each of our projects.
We are a team of dedicated, passionate individuals that want to make a valuable difference to civil society in
parts of Wales. We are able to do this through a number of projects based in four different areas across our
Diocese all that seek to show compassion. encourage aspiration, show respect and empathy.
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Iii F
ORGANISATION CHART
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PAPAY
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE
Clase Community Cwtch and the Brighter Futures Project- Llnda Harle, ManagerlProject Lead
Clase Community CwtGh
We had an action-packed year filled with lots of play and laughter. Our play team delivered a variety of term
time and school holiday sessions including.. Parent and Toddler, Toddler Tots and Little Tots sessions,. After
school clubs, family tea sessions,. picnics. cooking and art sessions and much morel
Ourcommunity trips were many and varied including Ninja Warrior, animal parks and visits, Bike ability, Gower
Heritage Centre and rook pooling.
i)
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE- Continued
Brighter Futures."
As we reflect on another incredible year, there is once again so much to celebrate.
This year, the Brighter Futures Project made substantial progress in supporting the well-being of individuals
and communities through targeted interventions. Our core focus has been on mental health, resilience, and
personal growth, with over 500 individuals benefiting from our services.
We have made a significant impact through our collaboration with schools, focusing on enhancing student
well-being and personal development. We worked with 54 schools across Swansea, implementing tailored
programs designed to support students, mental, emotional, and social health. These initiatives included
workshops, group sessions and 1-2-1 support.
Through these initiatives and interventions. children have been equipped to navigate their emotions, creating
resilience and self-assuredness that will support them throughout their lives.
Once again. I would like to take this opportunity to thank all our funders who believed and continue to believe
in our vision and who have supported us to make this work possible. I would also like to thank the team whose
dedication and passion make this work possible. As we look ahead, we remain committed to deepening the
impact of our work to create a brighter, more empowered future for even more students.
111.1
111111,,
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE- Continued
The Bonymaen Community Cwtch is a community-driven initiative dedicated to supporting families with
children aged 0-16 who live in areas facing economic challenges. Our project has proven effective in
addressing a wide range of needs, enhancing child development, and fostering a strong sense of community.
Our primary goal is to improve the overall health and well-being of children and their families. We achieve this
by offering a variety of activities and opportunities that promote engagement, reaming, and play, supporting
the holistic growth of both children and parents. By empowering families, we aim to reduce conflicts and
strengthen family bonds, while also boosting the confidence and self*steem of everyone involved.
Key Components of Our Project Include..
Family-Focused Sessions." We offer parent and toddler groups, family play sessions, and community
events. These activities create a safe and supportive environment where families can connect, leam,
and grow together.
Child-centred Activities.. Our toddler groups, after-school clubs, and holiday playschemes provide
children with opportunities to engage in creative play, learn new skills, and develop socially in a positive
environment.
Community Engagement.. Through community-wide events, we encourage families to come together,
building a stronger, more cohesive community while providing opportunities for mutual support. We do
this via our Community Picnics, by running family Sessions during the school holidays, by engaging with
partner projects to take part in the Teddy Bears Picnic and National Play days. We promote all of our
activities via social media and through schools and partner organisations and are able to encourage our
community to come together.
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE- Continued
Bonymaen Communlty Cwtch, continued:
Parenting Support
At Bonymaen Community Cwtch, we are deeply committed to empowering parents and caregivers with
essential resources and practical support. Through a variety of informative sessions, we equip families with
the skills to navigate the complexities of family life, helping to boostconfidence and self-esteem in both parents
and children.
Our community-focused approach is rooted in real-world solutions. We work tirelessly to secure funding that
helps families in crisis put nutritious meals on the table. Alongside providing food bags, we offer recipe ideas
and cooking tips that enable families to prepare healthy, budget-friendly meals.
During the festive season, our efforts continue with fundraising initiatives like our Christmas Campaign. This
annual event ensures families can access gifts for their children, vouchers were given to parents and
caregivers, to enable them to choose special gifts for their children, ensuring a more personal and meaningful
experience. We also partnered with Carolyn Harris MP to provide Christmas Hampers to 100 families and with
City and County of Swansea to provide supermarket vouchers to families in need.
Community/Engagement.'
We take pride in our ability to connect deeply with our community, allowing us to gain a thorough understanding
of local needs and preferences. This insight has been crucial to the success of our various groups, sessions,
and events. By collaborating with a diverse range of partners, we've been able to expand our services,
providing even more comprehensive support to the families who need it most.
Inspiring Futures Project- Natasha Cardone Senior Outreach Worker {Overseen by Suzanne Baker
Inspiring Futures has continued its commitment to enhancing the lives of individuals and families within our
community over the past year. From April 2023 to March 2024, we have provided vital educational
opportunities and support services that have empowered adult learners, improved employability, and
fostered stronger community ties. This report highlights the key achievements during this period and
explains how these accomplishments have positively impacted both individuals and the wider community.
Key Achievements
1. Qualification and Employment Success
Four Adult Learners Completing Level 2 Support Work in Schools Qualification
Four adult learners successfvlly completed the Level 2 Support Work in Schools qualification, becoming
qualified teaching assistants. Among them, one learner has already secured employment, another has
enrolled in further education, and a third is actively engaging with Communities 4 Work to build a CV and
receive additional employability support.
Im
act on Individuals and Families..
Improved Employability.. Completing this qualification has significantly boosted the employability of
these learners, providing them with the skills and confidence needed to pursue careers in
education.
Economic Stability: The individual who secured employment is now contributing to their household
ncome, improving their family's financial stability and overall quality of life.
Educational Progression.. The learner who moved on to further education is continuing to enhance
their skills, which will lead to better job prospects in the future.
Page 15

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE- Continued
Inspiring Futures Project, continued
Im
act on the Wider Communit
Increased Educational Support.. The presence of qualified teaching assistsnts in local schools
enhances the quality of education and support available to students, benefiting the broader
community.
Role Models..
These adult learners serve as role
models within their communities.
demonstrating the value of lifelong
learning and perseverance.
First Aid Training
Learners Completing Level 3 Emergency First Aid at Work
On 25 April, seven learners successfully completed the Level 3 Emergency First Aid at Work course.
act on Individuals and Families=
Life-saving Skills= These learners have gained essential life-saving skills, which not only enhance
their employability but also equip them to respond to emergencies at home, potentially saving lives
within their families.
Increased Confidence.. The training has boosted the confidence of the learners, enabling them to take
on roles that require emergency response capabilities, whether in their workplace or community.
Enhanced Community Safety: The wider community benefits from having more individuals trained in
first aid, as these learners are now equipped to assist in emergencies, contributing to a safer
environment for everyone.
Page 16

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE- Continued
Inspiring Futures Continued:
3. Accredited Adult Learning Across Two Communities
From April 2023 to March 2024, we provided accredited adult learning in two communities, offering
courses in essential skills and arts and crafts. Additionally, we continued to provide one-off online
courses to individuals where a number of learners have completed Level 2 Food Hygiene and other
work relevant courses. We have provided communities with courses to build skills and confidence such
as our cake decorating course and cooking courses where participants learnt to make healthy meals
from scratch. 50 participants have completed at least 1 course.
act on Individuals and Families..
Skill Development.. These courses have enabled learners to develop essential skills, such as literacy
and numeracy, which are crucial for everyday life and employment. The arts and crafts, cake
decorating and cooking sessions have fostered creativity and provided a therapeutic outlet for stress,
improving mental well-being.
Empowerment= By engaging in learning, individuals have gained a sense of achievement and self-
worth. which positively impacts their family dynamics, leading to more supportive and aspirational
home environments.
Im
act on the Wider Communit
Community Cohesion: The provision of learning opportunities within the community has brought people
together, fostering stronger relationships and a sense of belonging.
Cultural Enrichment.. The arts and crafts, cake decorating and cooking courses have not only enriched
the lives of participants but have also contributed to the cultural vibrancy of the community, as learners
often share their creations and newly acquired skills with others.
Page 17

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE - Continued
Inspiring Futures Continued:
Celebration of Leamer Achievements..
At Inspiring Futures, we believe that celebrating the successes of our learners is crucial not only for
acknowledging their hard work and dedication but also for motivating them to continue to reach their full
potential.
Throughout the year, we have organised several events and initiatives to honour the achievements of our
learners, fostering a sense of pride and accomplishment that resonates across our communities.
Our efforts to celebrate success are designed to not only recognise the achievements of our learners but also
to create a culture of lifelong learning within our communities. By highlighting the journeys of our learners and
providing platforms for them to share their experiences, we encourage both current and prospective learners
to continue their educational pursuits. This, in turn, leads to a more educated, skilled, and cohesive
community, where individuals are empowered to improve their own lives and contribute positively to the lives
of others.
Progression..
As a result of support from the Inspiring futures project 6 participants have gone on to further learning in either
college or through communities for work. 8 participants have moved on to volunteering and an amazing 8
participants have gone into employmentl
Conclusion..
The achievements of Inspiring Futures from April 2023 to March 2024 have had a profound impact on the
individuals we serve, their families, and the wider community. By providing access to education, skill
development, and employability support, we have empowered individuals to improve their prospects,
contribute to their households, and play a more active role in their communities. These outcomes align with
our mission to create a brighter future for all, and we look forward to continuing this important work in the
years to come.
Page 18

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIVEMENT AND PERFORMANCE - Continued
Teilo's Community Cwtchrreilo's Tots Day care- Leanne Evans, Managerrream Lead
2023124 saw Teilos Tots Day care provide 6214 sessions of children which equates to 45,911 hours of
childcare. Supporting 57 individual children and 44 families.
Our annual questionnaire gave us great feedback, with 97.4Yo of participants stating they would highly
recommend Teilos Tots Day care to a friend or colleague.
ALL OF IT HAS
VOUCHE
OUTGOING
WASAL
TE
MASSIVE HELPI SHOPPING
D HUGELY TOWARDS OUR
AT MONTH. THE MEAL IN A BAG
SURPRISE. SORTED THAT EVENINGS
HE WHOLE FAMILY ENJOYED. I ALSO
AND NEW TRAINERS & A LOVELY THICK
WHICH I WOULDNT HAVE BEEN ABLE T
BUY MYSELF AS WELL AS ALI THE OTHE
OUSEHOLD ITEMS THAT ARE OFTEN ON
THE GIRLS ARE SO LOVELY AND ENCO
BOUT IT TOO. NO EMBARRASSM
9.74
NG
ALL
At the annual Childcare and Play celebration were awarded the 'Community spirited setting, award. This was
huge boast for the team and goes to show the effort that is put into supporting families holistically within our
setting- We joined colleagues from Clase and Bonymaen to celebrate our achievements as highly regarded
practitioners.
We successfully won a tender to become a Flying Start expansion programme setting in July 2023. with the
new programme starting in our setting in November 2023. 9 childcare spaces have been taken by children
accessing the Flying Start programme.
Page 19

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE- Continued
Teilo's Community Cwtchrreilo's Tots Day care, continued
We have utilised items that have been on offer at Cwtch Mawr and supported some of our families with
different items that they need. Donations of shoes, work clothes, toiletries and coats have been donated as
well as more bespoke items such as a desk chair. Feedback from the items that have been donated has
been fantastic.
We used our community grants to support families giving food vouchers, food hampers and meals in a bag
to families to help financially. During school holidays the day care children were able to join in the activities
and have fun doing different things.
11
Page 20

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE- Continued
Cwtch Mawr- Wales, First Multibank
Cwtch Mawr, which means 'Big Hug. in English, is Wales's first Multibank- a collaboration of compassion
that enables hundreds of smaller charities to reach individuals in their local communities with vital, crisis
support. This innovative initiative provides surplus essentials such as warm clothes. hygiene products,
school uniforms, and bedding, donated by businesses like Amazon, directly to those in need. The products
are redistributed via Faith in Families to charity groups and care professionals who deliver them to people
when they need them most.
A Multibank is a clothes bank, bedding bank, baby bank, hygiene bank, and furniture bank all rolled into
one. The idea is simple.. companies have the surplus goods people need, and local charities know the
people who need them. This initiative not only pushes back poverty but also supports our planet by using
surplus stock, contributing to a more circular economy.
sin￿ its launch in 2024, Cwtch Mawr has supported more than 86,000 beneficiaries, including 27,000
families in Swansea. distributing over 250,000 items to those in need. Community support organisations,
schools and colleges, homeless shelters, and elderly support services in the area have received essential
supplies from Cwtch Mawr, including Swansea Council's social services, Llamau, Swansea Asylum
Seekers Support. and Swansea Young Families. This remarkable collaboration encourages engagement
and strengthens grassroots support ne￿OrkS, making a significant impact on the lives of many.
Click here to see the Cwtch Mawr launch video: htt s..1￿.
outube.comlwatch?v=9CNJ9FFwzdO
St Johns Centre- Jamie Parry- Centre Manager
We continue to work closely with the Wellbeing Project Brecon, Brecon Food Bank. Mirus Wales, the
Swansea and Brecon Diocesan Team and other partners to establish an intergenerational wellbeing feel to
the St John's Centre in the heart of the community. We have been able to help provide a base for a holiday
breakfast club for local families as well as a long established over 50s Luncheon Club, that help alleviate
social isolation and loneliness.
Page 21

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE - Continued
Executive Summary
For25 years, Faith in Families has empowered Swansea and Brecon children and families with unwavering
support. Our mission has driven us to provide enriching social activities, transformative training courses,
mental health and wellbeing workshops. affordable childcare, community cafes, volunteering opportunities,
work placements, school support, and parenting classes, fostering stronger. resilient communities. Now,
with Wales, first Multibank, we're supporting 100 smaller charities and not-for-profit organisations across
Swansea Bay in a collaboration of Compassion, impacting thousands of individuals every week.
We extend our heartfelt gratitude to our funders for their trust in us, enabling us to reach new heights and
make a lasting impact. Our trustees have guided us with unwavering dedication, ensuring we stay true to
our mission and values. Our dedicated team has shown incredible commitment, giving their all to support
our cause. Ourvolunteers have been the backbone of our efforts, their support making a world of difference.
Lastly, our partners have collaborated with us, helping us create a network of support that strengthens our
community. Thank you all for being part of our community.
The impact of our work has been transformative, providing children, families, and individuals with care,
compassion, respect, dignity, opportunities, voice, and choi￿. Over these incredible 25 years, our growth
and impact have been remarkable, demonstrating the true power of compassion and collaboration. As we
look ahead, we remain committed to our mission, inspired by the trust that has brought us this far and will
continue to guide us forward. Thank you for believing in us and joining us on this incredible journey.
I would like to extend my personal thanks to Archdeacon Alan Jevons for all his supportoverthe lastdecade
and welcome Karen Devonshire as the new Chair.
Together, we are creating a stronger, more inclusive community for everyone to live, grow. work and play
that will benefit us all.
Page 22

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
Performance in the year
The main source of income for the charity continues to be grant funding, with non-performance related grants
increasing by £205k due to the significant amounts received towards the multibank. As these grants and
donations are non-performance related, they have been recognised when entitled, probable and could be
reliably measured. They will be used to support the continued work of the multibank during 2024-25.
Performance related grants have remained at a similar level as the previous year with significant support from
CC Children & Communities, the Big Lottery Fund and WGRIF.
Project income continued to increase rising from £213k in 2022-23 to £312k this year.
Total expenditure increased by nearly £119k, due to increased staff costs and general running costs.
The reported surplus is £326,024 of which £234,313 relates to non-performance related grants received for the
multibank project, a further £59,714 relates to other restricted projects where grant income has been received
in advance of the next financial year.
Financial position
There has been minimal investment in fixed assets this year. Debtors have reduced by £54k and creditors by
£16k. these factors along with the surplus at the year end have seen an increase in cash at bank and in hand
of £499k.
Reserves policy
The Board have established a policy, which ensures the charity can meet its obligations for all current projects
and ensures that the balance on unrestricted funds is sufFicient to cover running costs for a specified time,
unforeseen or contingent costs and costs of staff redundancy.
St Teilo's and St John's have both secured funding from large funding bodies, are large buildings, both with
Grade 11 listed status in part. Therefore, the Board has an obligation to ensure appropriate upkeep and
maintenance plans are in place. The reserve policy takes this obligation into account.
The Board reviews the reserves policy on a periodic basis, adapting it to the charity's circumstances and future
plans. The most recent reserves policy review has quantified the following targeted unrestricted reserves:
Target
756,000
Minimum
9 Months of Running Costs
6 Months of Running Costs
Contingency for Late Payment of Grants
Building Maintenance Fund
Stsff Redundancy Reserve
Reserves target
504,000
130,000
150,000
93,000
877,000
130.000
150,000
93,000
1,129,000
At the balance sheet date, the charity held £973,220 in unrestricted funds (£901,805 free reserves, excluding
fixed assets), compared to the minimum target reserves of £877,000 above. This puts the charity in a reasonable
position as we enter a new year of uncertainty in terms of rising costs and high inflation. The unrestricted funds
fell short of the ideal target of £1,129,000 by £155,780.
Principal funding sources
We are grateful to all agencies, organisations and individuals for theirsupport this year. Full details are provided
in notes 3 and 4 to the financial statements.
Page 23

SWANSEA AND BRECON DIQCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
FUTURE PLANS AND FUNDING
Faith in Families has gone from strength to strength and is beginning io bè recognised as a key organisation
In the prevention of poverty and early intervention, as well as crisis support for children, families, and
Individuals across the Swansea Bay area.
Recently awarded 'Outstanding Charity" by Child of Wales and chosen as a charity partner for numerous
organisations, individuals, and local businesses, we have secured multi-year funding from several
foundations. This funding will enable us lo develop a strategic approach to our community support services,
alleviating lh8 previous yearly anxiety an(t lack of security. However. we acknowledge that three years is
still not long enough for community SUPPOrt lo become resilient and sustainable.
Being part of Wales Mullibank Cwlch Mawr has connected us with organisalions we never envisaged
collaborating with before, and this partnership is remarkable.
As Swansea Bay Business Club's chosen charity, the network of people across our communities now aware
of our impact and need is incredible.
Our future plans are lo continue lo grow and provide children and families with the essential support,
advocacy, and services they need to build a brighter future and live with compassion, aspiration, respect,
and empathy.
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also the directors of Swansea and Brecon Diocesan Board for Social Responsibility
for the purposes of Gompany lawl are responsible for preparing the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice). including Financial Reporting Standard 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland"
Company law requires the Iruslees to prepare financial statements for each financlal year which give a true
and fair view of the stale of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure. of the charitable company for that period. In preparing
those financial stalements, the trustees are required lo
select suitable accounting policies and then apply them consistently.
observe the rnelhods and principles in the Charity SORP..
make judgements and eslimates that are reasonable and prudent-.
prepare the financial statements on the going concem basis unless il is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy al any time the financial
financial statements comply with t
osition of the charitable company and to enable them to ensure thal the
e Companies Act 2006. They are also responsible for safeguarding the
assets of the Charitable company and hence for taking reasonable steps for the prevention and detection
of fraud and other irregularities.
In $0 far as Ihe trustees ar8 aware..
there is no relevant audit information of which the charitable company's auditors are unaware., and
the Iruslees have taken all sleps that they ought lo have laken to make themselves aware of any
relevant audit informallon and to eslablish that the auditors are aware of that information.
AUDITOR
The auditor. MHA, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Approved by order of the Board of Trustees on ......
and signed on its behalf by..
Karen Devonshire {Chairperson}
Page 24

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
Opinion
We have audited the financial statements of Swansea and Brecon Diocesan Board for Social Responsibility
(the 'charitable company,) for the year ended 31 March 2024 which comprise the Statement of Financial
Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a
summary of significant accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting
Standard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom
Generally Accepted Accounting Practice).
In our opinion the financial statements-
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of
its incoming resources and application of resources, including its income and expenditure, for the year then
have been properly prepared in accordancewith United Kingdom GenerallyAccepted Accounting Practi￿,
including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland,; and
have been prepared in accordance with the ￿qUirementS of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and
applicable law. Ourresponsibilities underthose standardsare furtherdescribed in the Auditor responsibilities for
the audit of the financial statements section of our report. We are independent of the charitable company in
accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK,
including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this ￿POrt.
Other information
The trustees are responsible for the other information. The other information comprises the information
included in the Report of the Trustees, other than the financial statements and our Report of the Independent
Auditor thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and,
in doing so, consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine whether this gives
rise to a material misststement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required to
report that fact. We have nothing to ￿POrt in this regard.
Page 25

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
atters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports)
Regulations 2008 requires us to report to you if, in our opinion..
the information given in the Report of the Trustees is inconsistent in any material respect with the financial
statements- or
the charitable company has not kept adequate accounting records., or
the financial statements are not in agreementwith the accounting records and returns. or
we have not received all the information and explanations we require for our audit.
Responslblllties of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors
of the charitable company for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as the
trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitsble company or
to cease operations, or have no realistic alternative but to do so.
Auditor responsibilities forthe audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors
that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an
audit conducted in accordan￿ with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate.
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud, is detailed below.
Detecting Irregularities
The objectives of our audit in relation to fraud are as follows..
To identify and assess the risks of material misstatement of the financial statements due to fraud
To obtain sufficient appropriate audit evidence regarding the assessed risks of material mis-statement due
to fraud, through designing and implementing appropriate responses
And to respond appropriately to fraud or suspected fraud identified during the audit.
However, the primary responsibility for the prevention and detection of fraud rests with both those charged
with governance of the entity and management.
Auditor's approach to assessing the risks of material mis-statement due to Irregularities, Including
fraud
We obtained an understanding of the legal and regulatory frameworks that are applicable to the entity and
determined that the most significant frameworks which are directly relevant to specific assertions in the
financial statements are those that relate to the reporting framework (FRS 102, Charity SORP and Companies
Act 2006) and the relevant tax compliance regulations in the UK.
We assessed the risks of material misstatement in respect of fraud and considered the extent to which non-
compliance with laws and regulations might have a material effect on the financial statements.
Page 26

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
Audit procedures designed to respond to the risks of non-compliance with laws and regulations
Based on the results ofour risk assessmentwe designed ouraudit procedures to identify non-compliance with
such laws and regulations identified above. We made enquiries from managementto understand how the
charity is complying with those frameworks.
Audit procedures performed by the engagement team also included a review of the financial statements
disclosures to underlying supporting documentation.
Audit procedures designed to respond to the risks of fraud
We assessed the susceptibility of the charity's financial statements to material misstatement, including how
fraud might occur by meeting with management to understand where they considered there was susceptibility
to fraud.
Based on the results of our risk assessment we designed our audit procedures to identify and to address
material misstatements in relation to fraud.
As well as adopting an attitude of professional skepticism, we have obtained information ft)r use in identifying
the risk offraud when performing risk assessment procedures, and performed the following procedures in light
of the risk of fraud..
Discussion amongst the engagement team regarding the susceptibility of the client to fraud-
Consider the risk of fraud when documenting and testing internal controls.,
Enquiring of management how they.. assess the risk of fraud., identify and respond to the risks of fraud; and
Enquiring of management whether they have any knowledge of actual or suspected frauds.
Management override of controls
We considered the risk of fraud through management override, and, in response, we incorporated testing of
manual journal entries into our audit approach. The audit engagement team performed journal entry testing
using a risk-based approach and evaluating whether there was evidence of bias, with a focus on any journals
indicating large or unusual transactions based on our understanding of the charity.
Considerations around likelihood of detection
However, owing to the inherent limitations of an audit, there is an unavoidable risk that we May not have
detected some material misstatements in the financial statements, even though we have properly planned
and performed our audit in accordance with auditing standards. For example, the further removed non-
compliance with laws and regulations (irregularities) is from the events and transactions reflected in the
financial statements, the less likely the inherently limited procedures required by auditing standards would
identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these
may involve collusion. forgery, intentional omissions. misrepresentations, or the override of internal controls.
We are not responsible for preventing non-compliance and cannot be expected to detect non-compliancewith
all laws and regulations.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our
Report of the Independent Auditor.
Page 27

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might
state to the charitable company's trustees those matters we are required to state to them in an auditors, report
and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone otherthan the charitable company and the charitable company's trustees as a body. for ourauditwork,
for this report, or for the opinions we have formed.
MHA
(Senior Statutory Auditor)
for and on behalf of MHA. Statutory Auditor
Swansea, United Kingdom
Date..
MHA is the trading name of Maclntyre Hudson LLP, a limited liability partnership in England and Wales
(registered number OC312313). MHA are eligible to act as auditors in terms of section 1212 of the
Companies Act 2006.
Page 28

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING
AN INCOME AND EXPENDITURE ACCOUNT) FOR THE
YEAR ENDED 31 MARCH 2024
Unrestricted
Funds
Restricted
Funds
Endowment
funds
2024
Total funds
2023
Total funds
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
Charitable activities
Investment income
236,570
312.258
4.945
196,933
821,389
433,503
1,133,647
4.945
141.846
1,051,650
1,427
Total
553,773
1,018,322
1,572,095
1.194,923
EXPENDITURE ON
Charitable activities
Charitable activities
472,705
730,547
42,819
1.246.071
1,127.430
Total
472,705
730.547
42,819
1,246,071
1,127,430
NET INCOME
287 775
326 024
TRANSFERS BETWEEN
FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
892,152
245,947
1,040,801
2,178.900
2,111,407
TOTAL FUNDS CARRIED
FORWARD
973,220
533,722
997,982
2,504.924
2,178 900
The notes on pages 34 to 47 form part of these financial ststements.
Page 29

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
BALANCE SHEET
31 MARCH 2024
Unrestricted
Funds
Restricted
Funds
Endowment
2024
funds Total funds
2023
Total funds
Notes
FIXED ASSETS
Tangible assets
Investments
12
13
66,157
5,258
20,332
997,982
1,084,471
5,258
1,093,059
5,258
71.415
20,332
997,982
1,089,729
1,098,317
CURRENT ASSETS
Debtors
Current asset investments
Cash at bank and in hand
14
67,862
15,533
859,892
51,476
119.338
15,533
1,506,120
173,718
15,533
1,007,329
646,228
943,287
697,704
1,640,991
1.196,580
CREDITORS
Amount falling due within
one year
15
(34,732)
(13,514)
(48,246)
(64,047)
(34,732)
(13,514)
(48.246)
(64.047)
NET CURRENT ASSETS
908,555
684 190
1.592,745
1,132,533
TOTAL ASSETS LESS
CURRENT LIABILITIES
979 970
704.522
997,982
2 682 474
2,230,850
ACCRUALS AND
DEFERRED INCOME
16
6,750
170,800
177,550
51,950
NET ASSETS
973.220
533 722
997,982
2,504.924
2.178 900
FUNDS
Unrestricted funds..
General fund
17
973,220
892,152
Restricted funds:
Brighter Futures
Community Cwtches
Inspiring Futures
St Johns Centre
Cwtch Mawr
160,831
67,862
64,617
6.098
234.314
127,497
61,341
57,109
Endowment funds:
St John's Centre- Big Lottery Fund
Teilo's Community Cwtch- Big Lottery Fund
Teilo's Community Cwtch- Welsh Govemment
204,441
293,541
500.000
224,086
316,715
500,000
TOTAL FUNDS
2.504,924
2,178,900
Page 30

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
BALANCE SHEET 2024- continued
The charilable company is entitled to exernption from audit under Section 477 of Ihe Cornpanies Act 2006
For the year ended 31 March 2024.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an
audit of these financial statements.
These financial statements have been audited under the requirements of Section 145 of the Charities Act
2011.
The financial statements were approved by the Board of Trustees and authorised for issue on
..IU.ILI.Xo)-4 .... and were signed on its behalf by:
Karen Devonshire (Chairperson)
Page 31

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operations
Net cash provided by operating
activities
538,774
133,350
538,774
133 350
Cash flows from investing activities
Purchase of tsngible fixed assets
Interest received
(44,928)
4,945
{7,172)
1,427
Net cash used in investment activities
(39,983)
(5,745)
Change In cash and cash
equivalents in the report period
Cash and cash equivalents at the
beginning of the reporting period
498,791
127,605
1.022,862
895.258
Cash and cash equivalent at the end
of the reporting period
1,521653
1,022,862
Page 32

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024
2023
Net income for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Interest re￿iVed
Decrease l (increase) in fair value of investments
Increase l (decrease) in deferred income
(Increase) I decrease in debtors
Increase l (decrease) in creditors
326,024
67,493
53,513
(4,945)
58,342
(1,427)
125,600
54,383
15,801
(18,050)
56,369
29,377
Net cash provided by operations
538.774
133.350
ANALYSIS OF CASH AND CASH EQUIVALENTS
2024
2023
Cash in hand
Notice deposits (less than 3 months)
Current asset investments
12,871
1,493,249
15,533
14,458
992,871
15.533
Total cash and cash equivalents
1,521,653
1,022,862
ANALYSIS OF CHANGES IN NET FUNDS
At 114123
Cash flow
At 3113124
Net cash
Cash at bank and in hand
1,022,862
498.791
1,521,653
Page 33

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
STATUTORY INFORMATION
Swansea and Brecon Diocesan Board for Social Responsibility is a charitable company, limited by
guarantee, incorporated in England and Wales. The company's registered number and registered office
address can be found on page 2.
ACCOUNTING POLICIES
Basis of preparation
The financial statements of the charitable company. which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) '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 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention, with the exception of investments which are
included at market value, as modified by the revaluation of certain assets.
The charitable company's functional and presentational currency is the pound sterling (£) and balan￿S
are rounded to the nearest £1.
Critical accounting judgements and key sources of estimation uncertainty
The trustees make estimates and assumptions concerning the future. The resulting accounting
estimates will, by definition, seldom equal the related actual results. The estimates and assumptions
that have a significant risk of causing a material adjustment to the carrying amounts of assets and
liabilities within the next year are addressed below=
Impairment reviews
The trustees carry out annual reviews of fixed assets to assess whether there are any indications of
impairment. Where indications of impairmentexist, the trustees consider the recoverable amount of the
relevant asset, based upon either value in use or net realisable value, depending upon the function of
the asset in question. Impairment provisions are recognised in the statementof financial activities, within
the relevant cost category to which the asset relates.
Useful economic lives of tangible fixed assets
The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated useful
economic lives of the assets. The useful economic lives are reassessed annually and are amended
when necessary to reflect current estimates ofeconomic utilisation and physical condition of the assets.
Income recognition
Income is recognised when the charitable company has entitlement to the funds, any performance
conditions attached to the income have been met, it is probable that the income will be received, and
the amount can be measured reliably.
In the event that income is subjectto conditions that require a level of performance before the charitable
company is entitled to the funds, the income is deferred and not recognised in full until either those
conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charitsble
company.
Page 34

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES- Continued
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing
the charity to that expenditure, 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 accounted for on
an accruals basis and has been classified under headings that aggregate all cost related to the category.
Vvhere costs cannot be directly attributed to particular headings, they have been allocated to activities
on a basis consistent with the use of resources.
Charitable activities
Expenditure classified as charitable activities expenditure comprises those costs incurred by the
charitable company in the delivery of its activities and services for its beneficiaries. It includes both costs
that can be allocated directly to such activities and those costs of an indirect nature necessary to support
the activities.
Governance and support costs
Support costs are those functions that assist the work of the charitable company but do not directly
relate to charitable activities. Support costs have been allocated bet￿een governance costs and other
support costs. Governance costs comprise all costs involving the public accountability of the charitable
company and its compliance with regulation and good practice. These costs include Costs relating to
statutory audit and legal fees, togetherwith an apportionmentof overhead and support costs.
Financial Instruments
The charitsble company has mainly financial assets and liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value. Fixed asset investments are stated at fair value.
Allocation of support and governance costs
Governance and support costs are apportioned by charitable activities over the centres operated by the
charity. Such allocation is on the basis of the level of administration required and is apportioned on the
basis of the total direct costs incurred in the operation of each ￿ntre. The allocation of support and
governance costs is analysed in note 2.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Improvements to propety
Computer equipment
Fixtures and fittings
10 /0 on cost and over the term of the lease (see note 13)
25°/o on cost
25 % on cost
Fixed assets costing £500 or more, and computers of any value are capitalised and stated at cost less
accumulated depreciation calculated so as to write off their cost less any residual value over their
expected useful lives.
Taxation and irrecoverable vat
Irrecoverable VAT is charged against the category of expenditure for which it was incurred. The charity
is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees
Page 35

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES- continued
Fund accounting
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the
donor. These funds relate to the specific centres operated by the charity and are classified by ￿ntre.
The charity has received significant grants for the specific purpose of refurbishing and fitting out
community Cwtches. There are no externally imposed restrictions ex￿pt for those imposed by grant
funders. The asset and the grants have been shown as endowment funds as this better reflects the
nature of the related asset.
Donated services and goods
Donated services and goods are recognised as income and expenditure when the benefit to the charity
can be reasonably quantified or measured and is considered material to the charity.
Pension costs
The charity operates a defined contribution pension scheme. The pension cost charge represents
contributions payable by the charity to the fund, in accordance with the rules of the scheme.
Investments
Fixed asset investments are valued at fair value.
Going concern
The charity is reliant on the continuing support of its grant funders, as a significant proportion of the
charity's income is by way of grants. The charity has successfully secured its core grant funding until at
least March 2025 and other multi-year grants have also been confirmed.
Grants are not always received in advance of expenditure and therefore the trustees ensure sufficient
cash reserves are maintained in order to meet ongoing running costs during any delays in the receipt
of grant funds.
The trustees have a reasonable expectation that the charity will have adequate resources to continue
in operational existen￿ for the foreseeable future. Accordingly, the trustees continue to adopt the going
concern basis in preparing the financial ststements.
Operating leases
Rentals paid under operating leases are charged as expenditure on a straight4irE basis over the period
of the lease.
Page 36

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES
2024
2023
Donations
Grants
133.762
299,741
47,363
94,483
433,503
354,385
Unrestricted
funds
Restricted
funds
End0￿ent
Funds
2024 Total
funds
Donations
Grants
130,820
105,750
2,942
193,991
133,762
299,741
236,570
196,933
433,503
Unrestricted
funds
Restricted
funds
Endowment
Funds
2024 Total
funds
Grants
Diocesan Finance Board
Moondance
Coastal/PobllCaredig
Management fees
Capital grant
McDonalds Trust
Internship grant
St James. Place
Cash 4 Kids
CAF
Austin Bailey
Other
66,055
66,055
93,991
100,000
3,025
9,800
3.050
4,590
2,500
5,100
4,000
5,000
2,630
93,991
100,000
3,025
9,800
3,050
4,590
2,500
5,100
4,000
5.000
2,630
105,750
193,991
299,741
Included within donations is an amount of £26,136 in respect of donated seNices relating to seconded
employees to the Cwtch Mawr project.
Page 37

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES - continued
Unrestricted
funds
Restricted
funds
Endowment
Funds
2023 Total
funds
Donations
Grants
46,696
94,483
667
47,363
94.483
141.179
667
141,846
Unrestricted
funds
Restricted
funds
Endowment
Funds
2023 Total
funds
Grants
Diocesan Finance Board
Management fees
Lloyds Bank Foundation
McDonalds Trust
Other
61,154
2,799
27.250
3,000
280
61,154
,799
27.250
3,000
280
94,483
94,483
INCOME FROM CHARITABLE ACTIVITES
2024
2023
Project income
Grants
312,258
821,389
212,539
839,111
1,133,647
1,051,650
Page 38

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
INCOME FROM CHARITABLE ACTIVITIES - continued
Unrestricted
funds
Restricted Endowment
funds
Funds
2024 Total
funds
Grants
Coast Funding
CCG Children & Communities
Big Lottery
The Waterloo Foundation
CCS enabling communities
Masonic charitable foundation
WGRIF
CCS holiday food fund
scvs
POBL Trust
Swansea Bay University
ccs
other
20,000
350,000
99,163
11,287
31,246
40,000
59,959
35,310
54,100
17,500
19,987
25,700
32,323
24,814
20,000
350,000
99,163
11,287
31,246
40,000
59,959
35,310
54,100
17,500
19,987
25,700
32,323
821.389
821,389
Unrestricted
funds
Restricted Endowment
funds
Funds
2023 Total
funds
Grants
BBC Children in Need
WCVA
CCS Children & Communities
Big Lottery
The Waterloo Foundation
CYMPH
CDF
Police Crime Commissioner
WGRIF
CCS direct food support spaces funds
Capital grants
other
50,285
68,894
409.591
99,163
25,000
39,862
46,680
40,000
27,320
12,275
6,500
13,540
50,285
68,894
409.591
99,163
25,000
39.862
46,680
40,000
27,320
12,275
6,500
13,540
839,111
839,111
Page 39

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
INVESTMENT INCOME
2024
2023
Deposit account interest
4.945
1,427
4,945
1.427
CHARITABLE ACTIVITIES COSTS
2024
2023
Salaries and Nl
General running costs
Training costs
Travel
Holidays trips & play
Healthy option costs
Rent of premises
Equipment & materials
Light & heat
Depreciation I loss on sale of assets
Telephone
Bad debts
Donated ServI￿S
910,669
116,625
14,781
9,187
18,839
169
2,653
24,978
22,608
53,513
11,214
20,152
26,136
849,409
81,386
35,755
11,300
17.479
1,330
3,926
31,432
10,172
58,342
10,622
Direct costs
1,231,524
1,111,153
Support costs
Governance costs
4,662
11,615
14,547
1,246,071
1,127,430
Analysis by fund
Unrestricted fund
Restricted funds
Endowment fund
472,705
730,547
42,819
1,246,071
336,401
742,359
48,670
1,127,430
Page 40

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
Post and
stationery
Governance
costs
Totals
Charitable activities
14,547
14,547
NET INCOMEI(EXPENDITURE)
Net incomel (expenditure) is stated after charging..
2024
2023
Audit fee
11,431
10,560
TRUSTEES. REMUNERATIONAND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 or for the
year ended 31 March 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2024 or for the year ended
31 March 2023.
10. STAFF COSTS
2024
2023
Salaries
Social security costs
Pension schemes contributions
795,791
59,560
55.318
754,344
42,020
53.045
910,669
849,409
The number of employees who received total employee benefits of more than £60,000 is as follows..
Salaries
2024
2023
£60,001- £70,000
Page 41

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
10.
STAFF COSTS - continued
The average weekly number of employees by function were as follows..
2024
35
2023
39
Charitable activities
Administrative staff
40
43
Key management personnel
Key management personnel are considered to be those personnel who are not trustees but sit within
key operational and strategic roles. The total employee benefsts of the key management personnel were
£153,471 (2023 - £134.326).
Volunteers
The value of volunteers. time given within the year is not readily quantifiable and, in line with the
requirements of the SORP. has not been recognised within the accounts.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted Endowment
funds
Funds
Total
funds
INCOME AND ENDOEMENTS FROM
Donations and legacies
Charitable activities
Other trading activities
Investment income
353,718
667
839,111
141,846
1,051,650
1.427
Total
355,145
839,778
1,194,923
EXPENDITURE ON
Charitable activities
Charitable activities
336 401
742,359
48,670
1,127,430
Total
336,401
742,359
48,670
1127,430
NET INCOME I (EXPENDITURE)
18,744
97,419
(48,670)
67.493
TRANSFERS BETWEEN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
873,408
148 528
1,089,471
2,111,407
TOTAL FUNDS CARRIED FORWARD
892,152
245,g47
1,040,801
2,178,900
Page 42

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FNANCIAL STATEMENTS- continued
FOR THE YAR ENDED 31 MARCH 2024
12. TANGIBLE FIXED ASSETS
Improvements Fixtures and
to propety
Fittings
Computer
Equipment
Totals
COST
At 1 April 2023
Additions
1,471,668
44,925
21,358
73,843
1,566,869
44,925
At 31 March 2024
1,516,593
21,358
73,843
1,611,794
DEPRECIATION
At 1 April 2023
Charge for the year
402,374
44,229
7,878
4,248
63,558
5,036
473,810
53,513
At 31 March 2024
446,603
12,126
68,594
527,323
NET BOOK VALUE
At 31 March 2024
1,069,990
9,232
5,249
1,084,471
At 31 March 2023
1,069,294
13,480
10.285
1,093,059
The net book values of St John's and St Teilo's at the balance sheet date were £204,520 and £863,728
(2023: £224,164 and £843,384) respectively. The expenditure on the St Teilo's propety improvements
is being amortised over 50 years (the lease term is 99 years). The expenditure for St John's is being
amortised over 25 years, which is the term of the lease.
The Big Lottery Fund has a legal charge over the leasehold properties, St John's Centre in Brecon and
St Teilo's church in Swansea.
13. FIXED ASSET INVESTMENTS
Unlisted
investments
MARKET VALUE
At 1 April 2023
5,258
Revaluation
NET BOOKVALUE
At 31 March 2024
At 31 March 2023
5,258
There were no investment assets outside the UK.
Page 43

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS - Continued
FOR THE YEAR ENDED 31 MARCH 2024
14.
DEBTORS: AMOUNT FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
76.684
41,872
782
91,746
81,971
119,338
173,717
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Social security and other taxes
Other creditors
15,880
11,561
20,805
20,109
15,379
28,559
48,246
64,047
16.
ACCRUALS AND DEFERRED INCOME
2024
2023
Accruals and deferred income
177 550
Deferred income movements were as follows..
Deferred income brought forward
Income received during period
Income released during period
51,950
177,550
(51,950)
70,000
31,950
(50,000)
Deferred income carried forward
177,550
51,950
Grant income is deferred where there are performance related conditions attached to the grant
which have not been met as at the balance sheet date.
Page 44

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
17.
MOVEMENT IN FUNDS
Net
movement
in funds
At 114123
Transfers
At 3113124
Unrestricted funds
General fund
892,152
81,068
973,220
Restricted funds
Brighter Futures
Community Cwtches
Inspiring Futures
St Johns Centre
Cwtch Mawr
127,497
61,341
57,109
33,335
6,521
7,508
6.098
234.313
160,832
67,862
64,617
6,098
234,313
Endowment funds
st John's Centre- Big Lottery Fund
Teilo's Community Cwtch - Big Lottery
Fund
Teilo's Community Cwtch- Welsh
Government
224,086
316,715
(19,645)
(23,174)
204,441
293,541
500,000
500,000
TOTAL FUNDS
2,178,900
326,024
2,504,924
Net movement in funds, included in the above are as follows..
Surplus I
(deficit)
Income Expenditure
Unrestricted funds
General fund
553,773
(472,705)
81,068
Restricted funds
Brighter Futures
Community Cwtches
Inspiring Futures
st Johns Centre
Cwtch Mawr
259,409
456,259
35,470
20,943
246,241
(226,074)
(449,738)
(27,962)
(14,845)
(11,928)
33,335
6,521
7,508
6,098
234,313
Endowment funds
st John's Centre- Big Lottery Fund
Teilo's Community Cwtch - Big Lottery Fund
(19,645)
(23,174)
(19,645)
23,174)
TOTAL FUNDS
1,572.095 (1.246,071)
326.024
Page 45

SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAMILIES
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
17.
MOVEMENT IN FUNDS
Comparatives for movement In funds
Net
movement
in funds Transfers
At 114122
At 3113123
Unrestricted funds
General fund
873,409
18,744
892,153
Restricted funds
Brighter Futures
Community Cwtches
Inspiring Futures
St Johns Centre
85,554
45,180
17,793
59,998 {18,056)
(20,757)
36,918
58.178 (18,862)
127,497
61,341
57,109
Endowment funds
St John's Centre- Big Lottery Fund
Teilo's Community Cwtch - Big Lottery
Fund
Teilo's Community Cwtch - Welsh
Government
249,983
339,488
(25,897)
(22,773)
224,086
316,715
500,000
500,000
TOTAL FUNDS
2,111,407
67,493
2,178,900
Net movement in funds, included in the above are as follows..
Surplus I
(deficit)
Income Expenditure
Unrestricted funds
General fund
355,145
(336,401)
18,744
Restricted funds
Brighter Futures
Community Cwtches
Inspiring Futures
ST Johns Centre
293,561
452,323
93,894
(233,563)
(473,080)
(35,716)
59,998
(20,757)
58,178
Endowment funds
St John's Centre- Big Lottery Fund
Teilo's Community Cwtch- Big Lottery Fund
(25,897)
(22,773)
(25,897)
(22,773
TOTAL FUNDS
1,194,923
1,127,430
67.493
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SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
KNOWN AS FAITH IN FAIVIILIES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
17. MOVEMENT IN FUNDS- continued
The funds which are unrestricted are general funds that are available for use at the trustees, discretion
in furtherance of the objectives of the charitable company. The restricted funds are held for the following
purposes..
Brighter Futures Project
This fund is in relation to the Brighter Futures project which has been established to support the most
vulnerable members of the community. The main grant funders are the Big Lottery, Children in Need, the
City & County of Swansea West Glamorgan Regional Partnership and the Masonic Charitable
Foundation.
Community Cwtches
This fund is in relation to the activities and management of the Community Cwtches ￿ntered in
Bonymaen, St Teilo's, and Clase. The main grant funders for the Cwtches are CCS Children and
Communities Grant and other City & County of Swansea grants.
Inspiring Futures Project
This fund is in relation to the Inspiring Futures project which has been established to engage and support
members of the community who are economically inactive or long-term unemployed. The main grant
funders are the Wales Council for Voluntary Action and The Waterloo Foundation.
St John's Centre
This fund is in relation to all expenditure associated with the managementofthe Family Centre based out
of St John's Centre. The Centre is in the heart of Brecon and used by numerous groups with services
including support classes for families in need.
Cwtch Mawr
This fund is in relation to Wales first'multibank, which was set up during the year. The Multibank provides
a wider range of non-perishable goods, enabling businesses to redistribute surplus unsold items to
people for free.
The endowment funds are held for the following purposes..
St John's Centre- Big Lottery Fund
This fund is in relation to the restoration and upkeep of the St John's Centre.
Teilo's Community Cwtch- Big Lottery Fund & Welsh Government
These funds relate to the restoration and upkeep of the St Teilo's Community Cwtch.
18. RELATED PARTY DISCLOSURES
During the year the charity received grants totalling £66,055 (2023.. £61,154) from The Swansea &
Brecon Diocesan Board of Finance Limited.
During the year the charity recharged £45,092 P023.. £53,306) to the Swansea and Brecon Diocesan
Council for Social Responsibility (Wellbeing Project Brecon). Additionally, the charity was owed £45,092
(2023.. £53,306) by this entity.
19. LEASE COMMirrMENTS
At the balan￿ sheet date, the charity had total commitments under non-cancellable leases of £11.761
(2023.. £16,037).
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