**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 2022**
**for**
**Abergele Community Action Limited**
Salisbury & Company Chartered Accountants
**Abergele Community Action Limited**
**Contents of the Financial Statements for the year ended 31 January 2022**
|||**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||
## **Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2022**
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 2022. 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 2022**
## **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. Since 2005 ACA has pursued its activities through a facility operating as a community enterprise in Hesketh House known locally as Itaca...providing a community cafe? and meeting rooms for use by the community. The services have always been adapted to meet local needs.
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 the 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 cafe and IT resource has remained closed.
It wasn't long into the pandemic when it became clear that we could no longer afford to remain in the building. We served notice on our Lease and began to search for new premises. In November the Foodbank and Community Money Advice relocated to newly refurbished station buildings in the heart of the community in Pensarn where there are high levels of deprivation. A Lease has been granted by Transport For Wales.
The Foodbank operates in two locations, Abergele and Kinmel Bay. The Kinmel Bay Foodbank continues to be operated in Kinmel Bay Church.
The following activities form part of the Project Development Plan:
## **Abergele District 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.
ACA embraces the vision of the Trussell Trust Foodbank for a UK without the need for Foodbanks and is committed to working with the local community to launch life-changing, sustainable, community-based projects by engaging the community in providing food and additional support to local people who are without access to food because of a lack of money. We uphold the Trussell Trust common values of compassion, justice, dignity, and community with the strategic goal of ending the need for our services, whilst recognising that we will serve people in crisis for as long as we are needed.
The Foodbank has adopted the strategic goal of building a future where no one goes hungry, and everyone has enough money for the basics.
The Foodbank supports adults to volunteer within their local community - building confidence, self-esteem and reducing social isolation. Providing opportunities to learn new skills in readiness for a return to employment, further training or education.
## **Abergele 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.
## **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 Inclusion (Abergele Youth Shed)**
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 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 2022**
## **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 and Bacon Butty club**
Since 2016 ACA has facilitated 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. The groups have relocated.
Page 3
**Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2022**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities OUTCOMES**
## **Abergele District Foodbank**
## Outcomes
Those people living in poverty and at risk of poor nutrition, especially children, will have improved physical , emotional and mental health
Those people experiencing food poverty will be supported and enabled to live independently without the need for food parcels
People will have their dignity restored
People will feel supported, appreciated and accepted
People will have improved sense of well-being and quality of life
## **Abergele Community Money Advice**
## Outcomes
People at risk of financial exclusion will be better able to manage their resources and maximise their income Debts will be repaid and financial stability achieved; whilst the whole process will also include developing good money management skills.
People will be helped to tackle the underlying causes of money problems and in the long term they will be more secure and will live more financially sustainable lives without the need for food parcels, restoring their dignity and self esteem whilst building personal resilience.
## **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.
People at risk of social and financial exclusion will feel less isolated because they will receive practical advice and support.
## **Youth Inclusion - Abergele 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
Young people have an increased sense of achievement, increased self-confidence, better communication skills and enhanced IT skills opening up new opportunities for further training and/or employment.
Young people develop aspiration and a sense of achievement
## **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.
Page 4
**Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2022**
## **FINANCIAL REVIEW**
## **Investment policy and objectives**
From 2005 until March 2020, much of the work of Abergele Community Action Limited has taken place in Hesketh House through a project known as Itaca...
Hesketh House has provided 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 have made full use of these facilities, in particular voluntary and community groups and local businesses.
The coffee lounge was open Monday to Friday from 10am until 5pm and offered the choice of excellent sustainably sourced coffees to enjoy in a relaxed atmosphere with home-made cakes. The cafe provided opportunities for work experience, training and volunteering for people of all ages.
The facilities provided 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.
## **Reserves Policy**
The trustees have reviewed and adopted a policy for holding reserves, having given due consideration to the operational profile of the charity the board feel that it is appropriate to hold reserves that as a minimum would cover the costs of winding up the organisation should the organisation have to close. The trustees feel that in practical terms this would represent holding a reserve equivalent to 6 months' core operational expenditure. On the basis that reserves fall below this threshold, the trustees will aim to restore the reserves to a minimum level within the next year by increasing fund raising and earned income and reducing expenditure.
## **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
Page 5
## **Abergele Community Action Limited**
## **Report of the Trustees for the year ended 31 January 2022**
## **Trustees**
Mrs L J Tavernor Director Mr R P Tavernor Director Mr T Lewis Retired Police Officer (resigned 24/1/22) 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 (resigned 30/4/21) Mr A Hunter (appointed 14/6/21)
## **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 2022.
## **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 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
19,299
**Charitable activities**
Foodbank
-
Gwynt Y Mor
-
Community Money Advice
-
Rhyl Flats
-
Youth Shed
-
BBC Small Grant
-
BBC CIN Next Step
-
NLCF
-
YEF
-
COVID
4,500
Other trading activities
2
2,202
Investment income
3
12
**Total**
26,013
**EXPENDITURE ON**
**Charitable activities**
Office expenses
14,016
Foodbank
5,834
Depreciation
2,017
Community Money Advice
-
Rhyl Flats
-
Youth Shed
7,882
BBC Small Grant
-
BBC CIN Next Step
-
YEF
-
COVID
-
**Total**
29,749
**NET INCOME/(EXPENDITURE)**
(3,736)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
35,655
**TOTAL FUNDS CARRIED FORWARD**
31,919|Restricted
funds
£
398
36,488
-
43,493
-
121,045
-
-
-
-
-
-
-
201,424
135,835
3,815
12,956
6,619
-
16,054
-
-
-
-
175,279
26,145
80,342
106,487|2022
Total
funds
£
19,697
36,488
-
43,493
-
121,045
-
-
-
-
4,500
2,202
12
227,437
149,851
9,649
14,973
6,619
-
23,936
-
-
-
-
205,028
22,409
115,997
138,406|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|
The notes form part of these financial statements
Page 8
## **Abergele Community Action Limited**
## **Balance Sheet 31 January 2022**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
8
9,994
**CURRENT ASSETS**
Debtors
9
360
Cash at bank
24,428
24,788
**CREDITORS**
Amounts falling due within one year
10
(2,864)
**NET CURRENT ASSETS**
21,924
**TOTAL ASSETS LESS CURRENT LIABILITIES**
31,918
**NET ASSETS**
31,918
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
35,157
875
106,506
107,381
(36,050)
71,331
106,488
106,488|2022
Total
funds
£
45,151
1,235
130,934
132,169
(38,914)
93,255
138,406
138,406
31,918
106,488
138,406|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|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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 2022**
## **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|2022
£
2,202
-
-
2,202|2021
£
3,054
1,450
10,717|
|---|---|---|
|||15,221|
Page 10
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2022**
## **3. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||2022|2021|
||£|£|
|Interest receivable - trading|12|34|
## **4. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||2022|2021|
|---|---|---|
||£|£|
|Auditors' remuneration for non audit work|2,856|2,837|
|Depreciation - owned assets|14,975|15,442|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 January 2022 nor for the year ended 31 January 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 January 2022 nor for the year ended 31 January 2021.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Activities relating to Food Bank
Relating to charitable activities|2022
5
8
13|2021
3
6|
|---|---|---|
|||9|
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
16,351
**Charitable activities**
Foodbank
-
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
15,221
Investment income
34
**Total**
62,510|Restricted
funds
£
-
36,153
14,170
32,976
1,314
19,348
12,950
3,852
33,252
15,926
5,000
-
-
174,941|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|
## **EXPENDITURE ON**
Page 11
continued...
## **Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2022**
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|||||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||||funds||funds|funds|
|||||£||£|£|
||**Charitable activities**|||||||
||Office expenses|||32,678||114,266|146,944|
||Foodbank|||6,593||-|6,593|
||Depreciation|||1,852||13,592|15,444|
||Community Money Advice||||-|6,050|6,050|
||Rhyl Flats||||-|1,110|1,110|
||Youth Shed||||-|14,437|14,437|
||BBC Small Grant||||-|558|558|
||BBC CIN Next Step||||-|235|235|
||YEF||||-|6,073|6,073|
||COVID|||3,228||-|3,228|
||**Total**|||44,351||156,321|200,672|
||**NET INCOME**|||18,159||18,620|36,779|
||**RECONCILIATION OF FUNDS**|||||||
||**Total funds brought forward**|||17,495||61,723|79,218|
||**TOTAL FUNDS CARRIED FORWARD**|||35,654||80,343|115,997|
|**8.**|**TANGIBLE FIXED ASSETS**|||||||
|||Improvements||Fixtures||||
|||to||and||Computer||
|||property||fittings||equipment|Totals|
|||£||£||£|£|
||**COST**|||||||
||At 1 February 2021|140,369||11,620||14,181|166,170|
||Additions||-|4,835||2,259|7,094|
||At 31 January 2022|140,369||16,455||16,440|173,264|
||**DEPRECIATION**|||||||
||At 1 February 2021|96,212||7,607||9,319|113,138|
||Charge for year|11,698||1,247||2,030|14,975|
||At 31 January 2022|107,910||8,854||11,349|128,113|
||**NET BOOK VALUE**|||||||
||At 31 January 2022|32,459||7,601||5,091|45,151|
||At 31 January 2021|44,157||4,013||4,862|53,032|
Page 12
continued...
## **Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2022**
## **9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other debtors
Prepayments and accrued income
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
Other creditors
Accruals and deferred income
**11.**
**MOVEMENT IN FUNDS**
**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
Community Money Advice
Youth Shed
**TOTAL FUNDS**|At 1/2/21
£
32,660
2,995
35,655
1,250
42,371
271
415
15,019
18,155
2,861
80,342
115,997|2022
£
360
875
1,235
2022
£
2,873
2,500
33,541
38,914
Net
movement
in funds
£
(8,363)
4,626
(3,737)
(417)
(11,171)
(68)
(137)
3,696
6,945
27,298
26,146
22,409|2021
£
360
958
1,318
2021
£
2,922
2,500
44,579
50,001
At
31/1/22
£
24,297
7,621|2021
£
360
958
1,318
2021
£
2,922
2,500
44,579|2021
£
360
958|
|---|---|---|---|---|---|
||||||1,318|
|||||50,001||
||||31,918
833
31,200
203
278
18,715
25,100
30,159|||
||||106,488|||
||||138,406|||
Page 13
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2022**
## **11. MOVEMENT IN FUNDS - continued**
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
Community Money Advice
Youth Shed
**TOTAL FUNDS**|Incoming
resources
£
15,274
10,739
26,013
-
-
(1)
-
36,487
43,493
121,445
201,424
227,437|Resources
Movement
expended
in funds
£
£
(23,637)
(8,363)
(6,113)
4,626
(29,750)
(3,737)
(417)
(417)
(11,171)
(11,171)
(67)
(68)
(137)
(137)
(32,791)
3,696
(36,548)
6,945
(94,147)
27,298
(175,278)
26,146
(205,028)
22,409|Resources
Movement
expended
in funds
£
£
(23,637)
(8,363)
(6,113)
4,626
(29,750)
(3,737)
(417)
(417)
(11,171)
(11,171)
(67)
(68)
(137)
(137)
(32,791)
3,696
(36,548)
6,945
(94,147)
27,298
(175,278)
26,146
(205,028)
22,409|
|---|---|---|---|
||||(3,737)
(417)
(11,171)
(68)
(137)
3,696
6,945
27,298|
||||26,146|
||||22,409|
## **Comparatives for 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|
Page 14
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2022**
## **11. MOVEMENT IN FUNDS - continued**
Comparative 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|
A current year 12 months and prior year 12 months combined position is 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
Gwynt Y Mor
Community Money Advice
Youth Shed
**TOTAL FUNDS**|At 1/2/20
£
12,860
4,635
17,495
1,667
53,561
361
619
-
1,686
1
3,828
61,723
79,218|Net
movement
in funds
£
14,560
(137)
14,423
(834)
(22,361)
(158)
(341)
18,715
(1,686)
25,099
26,331
44,765
59,188|Transfers
between
funds
£
(3,123)
3,123
-
-
-
-
-
-
-
-
-
-
-|At
31/1/22
£
24,297
7,621|
|---|---|---|---|---|
|||||31,918
833
31,200
203
278
18,715
-
25,100
30,159|
|||||106,488|
|||||138,406|
Page 15
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2022**
## **11. MOVEMENT IN FUNDS - continued**
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
Gwynt Y Mor
Rhyl Flats
Community Money Advice
Youth Shed
**TOTAL FUNDS**
**Unrestricted Funds**|Incoming
resources
£
71,540
16,983
88,523
-
-
(1)
-
77,639
(1)
1,314
90,639
206,775
376,365
464,888|Resources
Movement
expended
in funds
£
£
(56,980)
14,560
(17,120)
(137)
(74,100)
14,423
(834)
(834)
(22,361)
(22,361)
(157)
(158)
(341)
(341)
(58,924)
18,715
(1,685)
(1,686)
(1,314)
-
(65,540)
25,099
(180,444)
26,331
(331,600)
44,765
(405,700)
59,188|
|---|---|---|
## **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.
## **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**
Page 16
continued...
**Abergele Community Action Limited**
## **Notes to the Financial Statements - continued for the year ended 31 January 2022**
## **11. MOVEMENT IN FUNDS - continued**
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.
## **12. CAPITAL COMMITMENTS**
As at 31st January 2022, Abergele Community Action Limited did not have any capital commitments (2021: Nil)
## **13. OTHER FINANCIAL COMMITMENTS**
As at 31st January 2022, Abergele Community Action Limited have no financial commitment. Abergele Community Action Limited were granted a License to occupy the premises of the Old Booking Office Platform 1 and Platform 2 until refurbishments have been completed which is due to be completed during the next financial year.
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 January 2022.
## **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 2022**
|**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
Foodbank
Membership and subscriptions
Rent
Professional fees
Sundries
**Support costs**
**Finance**
Improvements to property
Fixtures and fittings
Computer equipment
**Governance costs**
Auditors' remuneration for non audit work
Total resources expended
**Net income**|2022
£
19,701
(4)
19,697
2,202
-
-
2,202
12
205,526
227,437
133,687
1,550
439
2,457
3,517
5,582
1,810
11,144
9,350
928
947
682
1,777
4,905
2,600
4,345
1,479
187,199
11,698
1,245
2,030
14,973
2,856
205,028
22,409|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|
|||200,672|
|||36,779|
This page does not form part of the statutory financial statements
Page 18