**REGISTERED COMPANY NUMBER: 05334541 (England and Wales) REGISTERED CHARITY NUMBER: 1125169**
**Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 January 2021**
**for**
**Abergele Community Action Limited**
Salisbury & Company Chartered Accountants
**Abergele Community Action Limited**
## **Contents of the Financial Statements for the year ended 31 January 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|6|
|**Independent Examiner's Report**||7||
|**Statement of Financial Activities**||8||
|**Balance Sheet**||9||
|**Notes to the Financial Statements**|10|to|17|
|**Detailed Statement of Financial Activities**|18|to|19|
**Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2021. 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).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The Company's objects shall include:
To advance in life and help in Abergele and the surrounding area, with special emphasis on those young people between the ages of 10 and 25 through:
(a) The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their wellbeing and conditions of life;
(b) The provision of support and activities which develop their wellbeing, skills, capacities and capabilities to enable them to participate fully in society.
Page 1
**Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2021**
## **OBJECTIVES AND ACTIVITIES**
## **Significant activities**
The work of ACA is aimed at those people that are, or at risk of becoming, excluded from mainstream social and educational provision. ACA pursues its activities through a facility operating as a community enterprise known locally as Itaca...providing a community café and meeting rooms for use by the community.
Some of the usual work of the Charity was disrupted and restricted by lockdowns as a result of the Covid-19 pandemic. However, many of our activities continued throughout with an emphasis on meeting local identified needs in line with our objectives and our Project Development Plan. Many of the activities were delivered remotely including Community Money Advice, Information and Benefits Advice and Youth Outreach. The Foodbank continued to provide emergency food parcels and many volunteers were enlisted to help with this aspect of our work. The café and It resource remained closed during the national and local lockdowns.
The following activities form part of the Project Development Plan:
## **Itaca…**
Provides community hub operating as an IT resource and Internet café and gives people the opportunity to learn new skills that will enable them to return to work, further training or self-employment as well as to introduce them to the benefits of the use of the internet and Information Technology. The Internet Café promoting digital inclusion is open from 9am - 5pm from Monday to Friday and continues to be used extensively by the community. The café serves light refreshments and volunteers prepare and serve light refreshments including soups. Local people make use of this facility which is warm and friendly as well as being affordable. Itaca… provides opportunities to volunteer and gain work experience.
Itaca… provides an informal twice weekly training session open to all ages provides opportunities to improve IT skills and increase confidence in a relaxed and friendly atmosphere. It is delivered by volunteers from the community with one to one support encouraging adults and young people to work together, breaking down barriers between the generations and encouraging digital inclusion.
**Work Clubs** - provide help and support with CV writing, job searches and applications. Volunteers from the community help people to write CVs, access Government Gateway and the Universal Jobmatch. Referrals for this service come from the Job Centre; appointments are made and often result in long term support.
## **Foodbank**
ACA operates a Trussell Trust Foodbank... providing emergency parcels of food to people in crisis. Clients are signposted to other agencies able to help resolve the underlying cause of the crisis. The Foodbank supports socially disadvantaged or vulnerable people through a supported volunteer scheme. The Foodbank provides opportunities to build relationships with clients whilst establishing trust and opening up further opportunities to help and support them.
## **Community Money Advice**
Provides free, unconditional, fully confidential money advice and practical support to people from all walks of life, helping people overcome their money problems and make a fresh start on a stable financial footing free from the blight of indebtedness. Abergele Community Money Advice is authorised and regulated by the Financial Conduct Authority.
## **Community Enterprise**
Aims to generate funds to support the community facility. The operation of conference and training facilities with adjoining coffee shop on the ground floor has opened up opportunities for volunteering and work experience. Itaca… provides opportunities and facilities for community groups to meet in the coffee lounge and accessible meeting room as well as providing skills training and a centre for information and advice.
Hot desking facilities are also available in the second floor offices providing shared working space for lone workers and self employed people. Itaca… Hub - provides facilities for innovative Business ideal for freelancers, micro businesses & graduates embarking on the first steps of their career to hire, lease or hot desk.
## **Information and Benefits Advice**
Provides immediate/urgent advice about welfare and benefits matters as well as providing a free, impartial and confidential service to help people, with a focus to alleviate poverty and to promote inclusion and equality through advice, assistance and advocacy.
## **Youth Outreach**
Provides community-based intervention aimed at those young people aged between 10 and 25 that are, or at risk of becoming, excluded from mainstream social, economic, educational and digital opportunities.
Abergele Youth Shed is a new venture and is located in a building adjoining the local school and provides a regular meeting place for young people where they can enjoy constructive and creative activities in a safe environment including digital music and media opportunities as well as opportunities to learn practical skills including cooking.
Page 2
**Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2021**
## **OBJECTIVES AND ACTIVITIES**
Abergele Youth Shed provides a facility for after school activities, when young people are most vulnerable, contributing to reduced incidents of anti social behaviour. A variety of activities are delivered during school holidays providing a safe place for young people whilst also serving affordable and healthy snacks throughout the day. Also providing Inclusion support working with local schools.
## **Mens Shed**
ACA is able to facilitate this project which provides opportunities for people to come together informally to share skills and enjoy each other's company. Aimed at people that might be or at risk of becoming socially isolated.
## **Supported Volunteering**
Supports adults to volunteer within their local community - building confidence, self-esteem and reducing social isolation. Providing opportunities to learn new skills and qualifications in readiness for a return to employment, further training or education.
Page 3
**Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2021**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities Itaca…**
## **Outcomes**
New skills are learnt, leading to a sense of achievement, increased self-confidence, better communication skills and enhanced IT skills opening up new opportunities for further training and/or employment.
Volunteering and work experience leads to increased self-esteem and confidence and better equips for a return to work, whilst also creating a sense of ownership of the project.
The project provides a supportive environment where people feel appreciated and accepted enabling them to make positive relationships contributing to a feeling of well-being and improved quality of life with the knowledge that they can receive ongoing support.
## **Work Clubs**
## **Outcomes**
The project provides a supportive environment where people feel appreciated and accepted which enables them to make positive relationships, contributing to a feeling of well-being and improved quality of life with the knowledge that they can receive ongoing support. One to one support helps people to address barriers to employment and success, leading to a return to further education, training or employment.
## **Foodbank**
## **Outcomes**
Those people living in poverty and at risk of poor nutrition, especially children, will have improved physical and mental health. Those people who are unable to find employment will take part in voluntary community activities resulting in increased self-esteem and confidence.
The project provides a supportive environment where people feel supported, appreciated and accepted, enabling them to make positive relationships contributing to a feeling of well-being and improved quality of life.
People at risk of social exclusion will feel less isolated because they will receive practical support and be involved in a social network making use of community facilities and provisions.
## **Community Money Advice**
## **Outcomes**
People at risk of financial exclusion will be better able to manage their resources. Debts will be repaid and financial stability achieved; whilst the whole process will also include developing good money management skills.
## **Community Enterprise**
## **Outcomes**
The supported volunteer scheme helps those people who are unable to find employment resulting in increased skills, self-esteem and confidence, better equipping them to return to work.
People of all backgrounds and abilities are engaged and feel valued and accepted building community and breaking down boundaries between differing social groups.
Provides a safe environment where vulnerable people can volunteer, make a positive difference in their communities and know that they are valued and accepted.
People feel supported resulting in a sense of self value and new purpose and better able to face life challenges.
Freelancers, micro businesses and graduates embarking on the first steps of their career have office space and facilities in a supportive environment.
## **Information and Benefits Advice**
## **Outcomes**
This service will help to alleviate poverty and promote inclusion and equality through advice, assistance and advocacy enabling people to be more prosperous and to enjoy a better quality of life.
Page 4
**Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2021**
People at risk of social and financial exclusion will feel less isolated because they will receive practical advice and support.
## **Youth Inclusion - Youth Shed**
## **Outcomes**
Young people at risk of social and educational exclusion are engaged in a safe environment where they feel supported, valued and accepted.
Through participation in creative and learning activities, young people have a sense of empowerment and control over their own lives.
Young people develop aspiration and a sense of achievement.
Young people will have increased self-confidence, better communication skills and enhanced IT skills, opening up new opportunities for further training and/or employment.
Young people that take part in outdoor activities:
- Enjoy and experience real adventures
- Improve ability to communicate and work with others
- Increase awareness of other people
- Increase self-confidence through overcoming challenges in a supportive environment
- Experience opportunities to take responsibility for tasks
- Experience the benefits of effective teamwork
- Increase self-awareness
- Understand and develop problem-solving skills
- Develop respect and responsibility for self, others and the natural environment
- Improve and develop skills in setting and achieving personal goals.
## **Mens Shed (Bacon Butty Club)**
## **Outcomes**
People feel less isolated and develop a sense of purpose. People learn new skills and pass them on to others. Suitable for people of all ages and fully accessible.
## **Supported Volunteering**
## **Outcomes**
Builds confidence, self-esteem and reduces social isolation. Gives people opportunities to contribute to their community. Provides opportunities to learn new skills and qualifications in readiness for a return to employment, further training or education.
## **FINANCIAL REVIEW**
## **Investment policy and objectives**
Much of the work of Abergele Community Action Limited takes place in Hesketh House through a project known as Itaca…
Hesketh House provides excellent training and conference facilities with flexible room formats for large groups and seminar rooms for smaller numbers, IT and audio visual equipment, an onsite coffee bar, catering for conferences and private parking. All members of the community make full use of these facilities, in particular voluntary and community groups and local businesses.
The coffee lounge is open Monday to Friday from 10am until 5pm and offers the choice of excellent sustainably sourced coffees to enjoy in a relaxed atmosphere with home-made cakes. The cafe provides opportunities for work experience, training and volunteering for people of all ages.
The facilities provide a venue for voluntary community groups and support groups to meet for coffee. These groups include Hafal, MDF Bi-Polar, Diabetes Support, Youth Justice, Barnardos and CAIS.
## **Financial Review**
Financial projections are prepared and regularly reviewed by the trustees taking account of all income and expenditure. These were used to secure revenue and capital funding.
Page 5
**Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Memorandum and Articles of Association incorporated 17 January 2005 as amended by special resolution 19 May 2008 and by special resolution on 10th November 2104.
Abergele Community Action became a charity from the 24th July 2008.
## **Recruitment and appointment of new trustees**
Trustees are recruited from members of the community from all walks of life expressing an interest, nominated and appointed by majority vote of existing trustees.
## **Organisational structure**
The chair person, vice chair and secretary are elected at the AGM. Volunteers and staff are responsible to the trustees.
## **Induction and training of new trustees**
Roles and responsibilities of new trustees are explained by the company secretary and they are encouraged to undertake training when available.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
05334541 (England and Wales)
**Registered Charity number** 1125169
## **Registered office**
Hesketh House Bridge Street Abergele Conwy LL22 7HA
## **Trustees**
Mrs L J Tavernor Director Mr R P Tavernor Director Mr M Jones Self Employed Heating Engineer (resigned 2/8/20) Mr T Lewis Retired Police Officer Mr M R Baker Architectural Historian Mr P Fawcett Retired Electrical engineer Mr C M McCoubrey Local Authority Cabinet member Mr G W Frost Retired engineer Mr A Sturgess
**Company Secretary** Mrs L J Tavernor
**Independent Examiner** Salisbury & Company Chartered Accountants
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Mr P Fawcett - Trustee
Page 6
## **Independent Examiner's Report to the Trustees of Abergele Community Action Limited**
## **Independent examiner's report to the trustees of Abergele Community Action Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Aled Roberts BA (Hons) FCA Salisbury & Company Chartered Accountants
Date: .............................................
Page 7
## **Abergele Community Action Limited**
## **Statement of Financial Activities for the year ended 31 January 2021**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
16,351
**Charitable activities**
Office expenses
-
Foodbank
-
Morgan Foundation
-
Gwynt Y Mor
-
Community Money Advice
-
Rhyl Flats
-
Youth Shed
-
BBC Small Grant
-
BBC CIN Next Step
-
NLCF
-
YEF
-
COVID
30,904
Other trading activities
2
15,221
Investment income
3
34
**Total**
62,510
**EXPENDITURE ON**
**Charitable activities**
Office expenses
32,678
Foodbank
6,593
Depreciation
1,852
Community Money Advice
-
Rhyl Flats
-
Youth Shed
-
BBC Small Grant
-
BBC CIN Next Step
-
YEF
-
COVID
3,228
**Total**
44,351
**NET INCOME/(EXPENDITURE)**
18,159
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
17,495
**TOTAL FUNDS CARRIED FORWARD**
35,654|Restricted
funds
£
-
-
36,153
-
14,170
32,976
1,314
19,348
12,950
3,852
33,252
15,926
5,000
-
-
174,941
114,266
-
13,592
6,050
1,110
14,437
558
235
6,073
-
156,321
18,620
61,723
80,343|2021
Total
funds
£
16,351
-
36,153
-
14,170
32,976
1,314
19,348
12,950
3,852
33,252
15,926
35,904
15,221
34
237,451
146,944
6,593
15,444
6,050
1,110
14,437
558
235
6,073
3,228
200,672
36,779
79,218
115,997|2020
Total
funds
£
14,240
500
27,344
1,768
28,340
11,971
6,567
29,685
-
-
-
-
-
29,488
76
149,979
140,970
6,812
14,696
-
-
-
-
-
-
-
162,478
(12,499)
91,717
79,218|
|---|---|---|---|
The notes form part of these financial statements
Page 8
## **Abergele Community Action Limited**
## **Balance Sheet 31 January 2021**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
8
4,918
**CURRENT ASSETS**
Debtors
9
360
Cash at bank
32,876
33,236
**CREDITORS**
Amounts falling due within one year
10
(2,499)
**NET CURRENT ASSETS**
30,737
**TOTAL ASSETS LESS CURRENT LIABILITIES**
35,655
**NET ASSETS**
35,655
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
48,114
958
78,772
79,730
(47,502)
32,228
80,342
80,342|2021
Total
funds
£
53,032
1,318
111,648
112,966
(50,001)
62,965
115,997
115,997
35,655
80,342
115,997|2020
Total
funds
£
62,804
3,689
49,121
52,810
(36,396)
16,414
79,218
79,218
17,495
61,723
79,218|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
Mr P Fawcett - Trustee
The notes form part of these financial statements
Page 9
**Abergele Community Action Limited**
## **Notes to the Financial Statements for the year ended 31 January 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
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.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **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. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **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 property|- straight line over the life of the lease|
|---|---|
|Fixtures and fittings|- 25% on reducing balance|
|Computer equipment|- 33% on reducing balance|
## **Taxation**
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.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. OTHER TRADING ACTIVITIES**
|Catering income
Hire of facilities
Rent received|2021
£
3,054
1,450
10,717
15,221|2020
£
12,159
2,699
14,630|
|---|---|---|
|||29,488|
Page 10
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2021**
## **3. INVESTMENT INCOME**
||2021|2020|
|---|---|---|
||£|£|
|Interest receivable - trading|34|76|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||2021|2020|
||£|£|
|Auditors' remuneration for non audit work|2,837|2,683|
|Depreciation - owned assets|15,442|14,387|
|Deficit on disposal of fixed assets|-|307|
## **4. NET INCOME/(EXPENDITURE)**
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 January 2021 nor for the year ended 31 January 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 January 2021 nor for the year ended 31 January 2020.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Activities relating to Food Bank
Relating to charitable activities|2021
3
6
9|2020
4
6|
|---|---|---|
|||10|
No employees received emoluments in excess of £60,000.
## **7.**
## **COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
14,128
**Charitable activities**
Office expenses
500
Foodbank
-
Morgan Foundation
-
Gwynt Y Mor
-
Community Money Advice
-
Rhyl Flats
-
Youth Shed
-
Other trading activities
29,488
Investment income
76
**Total**
44,192
**EXPENDITURE ON**
**Charitable activities**
Office expenses
34,335
Foodbank
6,812
Depreciation
2,546|Restricted
funds
£
112
-
27,344
1,768
28,340
11,971
6,567
29,685
-
-
105,787
106,635
-
12,150|Total
funds
£
14,240
500
27,344
1,768
28,340
11,971
6,567
29,685
29,488
76|
|---|---|---|
|||149,979
140,970
6,812
14,696|
Page 11
continued...
## **Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2021**
|**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
funds
£
Youth Shed
-
**Total**
43,693
**NET INCOME/(EXPENDITURE)**
499
**Transfers between funds**
(394)
**Net movement in funds**
105
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
17,391
**TOTAL FUNDS CARRIED FORWARD**
17,496
**8.**
**TANGIBLE FIXED ASSETS**
Improvements
Fixtures
to
and
property
fittings
£
£
**COST**
At 1 February 2020
140,369
9,719
Additions
-
1,901
At 31 January 2021
140,369
11,620
**DEPRECIATION**
At 1 February 2020
84,514
6,270
Charge for year
11,698
1,337
At 31 January 2021
96,212
7,607
**NET BOOK VALUE**
At 31 January 2021
44,157
4,013
At 31 January 2020
55,855
3,449
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Prepayments and accrued income|
Restricted
funds
£
-
118,785
(12,998)
394
(12,604)
74,326
61,722
Computer
equipment
£
10,412
3,769
14,181
6,912
2,407
9,319
4,862
3,500
2021
£
-
360
958
1,318|Total
funds
£
-
162,478
(12,499)
-
(12,499)
91,717
79,218
Totals
£
160,500
5,670
166,170
97,696
15,442
113,138
53,032
62,804
2020
£
1,885
360
1,444
3,689|
|---|---|---|
||||
||||
||||
||||
||||
Page 12
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2021**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||||2021|2020|
|---|---|---|---|---|
||||£|£|
|Social security and other taxes|||2,922|1,152|
|Other creditors|||2,500|-|
|Accruals and deferred income|||44,579|35,244|
||||50,001|36,396|
|**MOVEMENT IN FUNDS**|||||
|||Net|Transfers||
|||movement|between|At|
||At 1/2/20|in funds|funds|31/1/21|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|12,860|22,923|(3,123)|32,660|
|Foodbank donations|4,635|(4,763)|3,123|2,995|
||17,495|18,160|-|35,655|
|**Restricted funds**|||||
|Conwy Vol Serv|1,667|(417)|-|1,250|
|Welsh Goverment|53,561|(11,190)|-|42,371|
|The Millennuim Staduim Charitable Trust|||||
||361|(90)|-|271|
|Awards for all|619|(204)|-|415|
|Abergele District Food Bank|-|15,019|-|15,019|
|Gwynt Y Mor|1,686|(1,686)|-|-|
|Community Money Advice|1|18,154|-|18,155|
|Youth Shed|3,828|(967)|-|2,861|
||61,723|18,619|-|80,342|
|**TOTAL FUNDS**|79,218|36,779|-|115,997|
## **11. MOVEMENT IN FUNDS**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|56,266|(33,343)|22,923|
|Foodbank donations|6,244|(11,007)|(4,763)|
||62,510|(44,350)|18,160|
|**Restricted funds**||||
|Conwy Vol Serv|-|(417)|(417)|
|Welsh Goverment|-|(11,190)|(11,190)|
|The Millennuim Staduim Charitable Trust||||
||-|(90)|(90)|
|Awards for all|-|(204)|(204)|
|Abergele District Food Bank|41,152|(26,133)|15,019|
|Gwynt Y Mor|(1)|(1,685)|(1,686)|
|Rhyl Flats|1,314|(1,314)|-|
|Community Money Advice|47,146|(28,992)|18,154|
|Youth Shed|85,330|(86,297)|(967)|
||174,941|(156,322)|18,619|
|**TOTAL FUNDS**|237,451|(200,672)|36,779|
Page 13
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2021**
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|Net
movement
At 1/2/19
in funds
£
£
**Unrestricted funds**
General fund
16,494
(3,240)
Foodbank donations
897
3,738
17,391
498
**Restricted funds**
Conwy Vol Serv
2,083
(416)
Welsh Goverment
64,776
(11,215)
The Millennuim Staduim Charitable Trust
481
(120)
Awards for all
924
(305)
Morgan Foundation
1,307
(423)
Gwynt Y Mor
-
1,686
Rhyl Flats
2,627
(2,906)
Community Money Advice
2,128
(3,126)
Youth Shed
-
3,828
74,326
(12,997)
**TOTAL FUNDS**
91,717
(12,499)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
34,310
Foodbank donations
9,882
44,192
**Restricted funds**
Conwy Vol Serv
1
Welsh Goverment
-
The Millennuim Staduim Charitable Trust
-
Awards for all
-
Abergele District Food Bank
27,344
Morgan Foundation
1,767
Gwynt Y Mor
28,340
Rhyl Flats
6,567
Community Money Advice
11,972
Youth Shed
29,796
105,787
**TOTAL FUNDS**
149,979|Transfers
between
At
funds
31/1/20
£
£
(394)
12,860
-
4,635
(394)
17,495
-
1,667
-
53,561
-
361
-
619
(884)
-
-
1,686
279
-
999
1
-
3,828
394
61,723
-
79,218
Resources
Movement
expended
in funds
£
£
(37,550)
(3,240)
(6,144)
3,738
(43,694)
498
(417)
(416)
(11,215)
(11,215)
(120)
(120)
(305)
(305)
(27,344)
-
(2,190)
(423)
(26,654)
1,686
(9,473)
(2,906)
(15,098)
(3,126)
(25,968)
3,828
(118,784)
(12,997)
(162,478)
(12,499)|
|---|---|
Page 14
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2021**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1/2/19|in funds|funds|31/1/21|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|16,494|19,683|(3,517)|32,660|
|Foodbank donations|897|(1,025)|3,123|2,995|
||17,391|18,658|(394)|35,655|
|**Restricted funds**|||||
|Conwy Vol Serv|2,083|(833)|-|1,250|
|Welsh Goverment|64,776|(22,405)|-|42,371|
|The Millennuim Staduim Charitable Trust|||||
||481|(210)|-|271|
|Awards for all|924|(509)|-|415|
|Abergele District Food Bank|-|15,019|-|15,019|
|Morgan Foundation|1,307|(423)|(884)|-|
|Rhyl Flats|2,627|(2,906)|279|-|
|Community Money Advice|2,128|15,028|999|18,155|
|Youth Shed|-|2,861|-|2,861|
||74,326|5,622|394|80,342|
|**TOTAL FUNDS**|91,717|24,280|-|115,997|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Foodbank donations
**Restricted funds**
Conwy Vol Serv
Welsh Goverment
The Millennuim Staduim Charitable Trust
Awards for all
Abergele District Food Bank
Morgan Foundation
Gwynt Y Mor
Rhyl Flats
Community Money Advice
Youth Shed
**TOTAL FUNDS**|Incoming
resources
£
90,576
16,126
106,702
1
-
-
-
68,496
1,767
28,339
7,881
59,118
115,126
280,728
387,430|Resources
Movement
expended
in funds
£
£
(70,893)
19,683
(17,151)
(1,025)
(88,044)
18,658
(834)
(833)
(22,405)
(22,405)
(210)
(210)
(509)
(509)
(53,477)
15,019
(2,190)
(423)
(28,339)
-
(10,787)
(2,906)
(44,090)
15,028
(112,265)
2,861
(275,106)
5,622
(363,150)
24,280|Resources
Movement
expended
in funds
£
£
(70,893)
19,683
(17,151)
(1,025)
(88,044)
18,658
(834)
(833)
(22,405)
(22,405)
(210)
(210)
(509)
(509)
(53,477)
15,019
(2,190)
(423)
(28,339)
-
(10,787)
(2,906)
(44,090)
15,028
(112,265)
2,861
(275,106)
5,622
(363,150)
24,280|
|---|---|---|---|
||||18,658
(833)
(22,405)
(210)
(509)
15,019
(423)
-
(2,906)
15,028
2,861|
||||5,622|
||||24,280|
## **Unrestricted Funds**
## **Tesco - Foodbank donations**
The donations from Tesco are made regularly and represent a percentage of the value of donations of food made in the store to the Foodbank.
Page 15
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2021**
## **11. MOVEMENT IN FUNDS - continued**
## **Restricted Funds**
## **Conwy Voluntary Services Council Small Grant**
This scheme provided funding for improvements to the toilets and washroom in Hesketh House.
## **RWE Rhyl Flats Wind Farm (this grant was administered by the Welsh Government)**
This grant was paid every quarter in arrears with effect from 17th November 2014 to contribute to fund the development of a meeting place and workshop, in the yard behind Hesketh House, for the Abergele Men's Shed group. The project aims to promote health and well being, particularly in retirement, through social interaction and practical activity.
## **Millennium Stadium Charitable Trust**
This grant enabled the purchase of music equipment in 2013 for the music/media suite that has been developed.
## **Awards For All**
This capital grant was received in November 2014 to enable all the computers to be updated.
## **Albert Gubay**
This grant was awarded in February 2018 for three years to fund the salary costs of workers to manage and develop the Foodbank.
## **RWE Rhyl Flats Wind Farm**
This is paid every quarter in arrears with effect from 17th November 2014 to contribute to the salary costs of two part time workers to manage and coordinate the Foodbank and 'More than Food' projects.
## **Morgan Foundation**
This was awarded in March 2016 for three years for the employment costs of a part time youth worker.
## **Gwynt Y Mor**
This grant was awarded in july 2016 for 5 years, paid annually to cover the employment costs of a Project Manager. Gwynt Y Mor also supported employment costs of Community Money Advice.
## **Tressel Trust**
This grant was received to support the employment costs of Community Money Advice.
## **Cartrefi Conwy**
A grant was received in 2018 to cover the cost of a new laptop to be used with Community Money Advice.
## **Youthshed Project**
Various grants were received during the year to fund the Youth Shed project. This consisted of grants from BBC Children In Need, NLCF, YEF, CVSC, CCBC Family Centre, Welsh Water and Dullerton Foundation.
Page 16
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2021**
## **12. CAPITAL COMMITMENTS**
As at 31st January 2021, Abergele Community Action Limited did not have any capital commitments (2020: Nil)
## **13. OTHER FINANCIAL COMMITMENTS**
As at 31st January 2021, Abergele Community Action Limited was committed to paying the lease on Hesketh House, where all of it's activities are based. The lease is held in the name of Abergele Youth Action Café Ltd and was extended in 2013 for a period of twelve years.
Due to the Corona Virus pandemic, the charity lost vital donations and rental income and subsequently has had to give notice on the lease of Hesketh House. The Charity will therefore be leaving the premises during 2021.
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 January 2021.
## **15. LEGAL STATUS OF THE CHARITY**
Abergele Community Action operates as registered company limited by guarantee.
## **16. CONNECTED COMPANY**
Abergele Community Action Limited and Abergele Youth Action Cafe Ltd are connected companies due to both companies having common directors.
Abergele Community Action Limited is exempt from consolidated group accounts.
Page 17
## **Abergele Community Action Limited**
## **Detailed Statement of Financial Activities for the year ended 31 January 2021**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Other trading activities**
Catering income
Hire of facilities
Rent received
**Investment income**
Interest receivable - trading
**Charitable activities**
Grants
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Activities
Repairs and maintenance
Security and fire
Catering
Computer and internet costs
Training
Foodbank
Membership and subscriptions
Rent
Professional fees
Sundries
**Support costs**
**Finance**
Improvements to property
Fixtures and fittings
Computer equipment
Loss on disposal of assets
**Governance costs**
Auditors' remuneration for non audit work|2021
£
16,349
2
16,351
3,054
1,450
10,717
15,221
34
205,845
237,451
111,467
1,411
591
2,475
3,552
2,759
1,610
7,764
21,584
1,248
1,396
83
-
5,141
4,328
11,675
4,420
887
182,391
11,698
1,337
2,409
-
15,444
2,837|2020
£
14,238
2|
|---|---|---|
|||14,240
12,159
2,699
14,630|
|||29,488
76
106,175|
|||149,979
81,948
924
378
2,021
4,963
2,465
877
1,089
25,187
1,393
4,796
343
170
2,209
1,357
13,656
360
963|
|||145,099
11,797
826
1,766
307|
|||14,696
2,683|
This page does not form part of the statutory financial statements
Page 18
## **Abergele Community Action Limited**
|**Detailed Statement of Financial Activities**
**for the year ended 31 January 2021**
Total resources expended
**Net income/(expenditure)**|2021
£
200,672
36,779|2020
£
162,478
(12,499)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 19