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2023-01-31-accounts

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 2023

for Abergele Community Action Ltd

Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 0RN

Abergele Community Action Ltd

Contents of the Financial Statements for the year ended 31 January 2023

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 Ltd

Report of the Trustees for the year ended 31 January 2023

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 2023. 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 Ltd

Report of the Trustees for the year ended 31 January 2023

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. Food parcels continued to be supplied to people in crisis and Community Money Advice, Information and Benefits Advice operated remotely. The youth workers continued to deliver remote activities to young people finding new ways to engage with them. The cafe and IT resource 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 2021, 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 young people relocated to their own premises in 2019.

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.

The Foodbank supports socially disadvantaged or vulnerable people through a supported volunteer scheme. 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.

The Foodbank works closely with referral agents to find the underlying cause of the need for a food parcel and to work towards resolving the crisis.

The Trussell Trust is a charitable organisation that supports a nationwide network of foodbanks that together provide emergency food and support to people locked in poverty, alongside campaigning for change to end the need for foodbanks in the UK.

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 TT vision is for a UK without the need for foodbanks, and the strategy to achieve this is outlined under 3 main aims: Changing Communities: Working to reduce the need for their services locally, helping people to access targeted support that addresses the underlying reason for their crisis.

Changing Policy: Working alongside partners to provide stronger evidence of the drivers of extreme poverty (or 'destitution') and pushing for positive solutions that will help tackle these.

Changing Minds: Increasing levels of understanding and empathy amongst the public, locally and UK-wide, to build a movement that is willing to take action to create a just and compassionate society without the need for foodbanks.

Abergele foodbank has been approved as a Pathfinder foodbank, which is part of the Trussell Trust five-year strategy. As a Pathfinder foodbank we have developed a strategic plan for reducing the need for our services locally with the goal of building a future where no one goes hungry, and everyone has enough money for the basics.

Abergele Community Money Advice

Page 2

Abergele Community Action Ltd

Report of the Trustees for the year ended 31 January 2023

OBJECTIVES AND ACTIVITIES

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.

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.Abergele Youth Shed also provides inclusion support working with those young people that are, or are at risk of becoming, disengaged from education.

The work focuses on voluntary participation. It is educative, expressive, participative, inclusive, and empowering. We respect the views and opinions of young people through participation in planning and delivering our programmes considering their interests and aspirations as well as individual needs.

Page 3

Abergele Community Action Ltd

Report of the Trustees for the year ended 31 January 2023

ACHIEVEMENT AND PERFORMANCE Charitable activities OUTCOMES:

Abergele District Foodbank

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

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

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

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

Young people are listened to and develop a voice where they can influence local activities. Young people can volunteer on community projects.

FINANCIAL REVIEW

Investment policy and objectives

Since November 2021 the work of the charity has continued to fulfil the objectives through the work of Abergele District Foodbank and Abergele Community Money Advice in newly acquired premises in station buildings in Pensarn. The work with young people continues in the Abergele Youth Shed located adjacent to the Family Centre in the centre of Abergele.

The work of Abergele Community Action is aimed at those people, including young people, that are, or at risk of becoming, excluded from social, educational, economic, and digital opportunities. We do this by providing a range of activities and opportunities within a safe and friendly environment.

Abergele Community Action works with the community to deliver life changing, sustainable projects to bring about a real change in people's lives by providing activities which improve mental health and wellbeing whilst developing skills and competencies, to equip them to return to employment, education or further training and participate fully in society.

The charity provides opportunities to build relationships with people whilst establishing trust and opening further opportunities to help and support them, building confidence and self esteem and reducing social isolation.

Page 4

Abergele Community Action Ltd

Report of the Trustees for the year ended 31 January 2023

FINANCIAL REVIEW

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

Platform 2 Abergele and Pensarn Station Station Approach Abergele Pensarn Conwy LL227PQ

Trustees

Mrs L J Tavernor Director (resigned 6/6/22) Mr R P Tavernor Director Dr M R Baker Architectural Historian Mr P Fawcett Retired Electrical engineer (resigned 16/1/23) Mr C M McCoubrey Local Authority Cabinet member Mr G W Frost Retired engineer Mr A Hunter Ms T A Brennan Retail Business Owner (appointed 30/3/22)

Company Secretary

Mrs L J Tavernor

Page 5

Abergele Community Action Ltd

Report of the Trustees for the year ended 31 January 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Aled Roberts BA (Hons) FCA Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 0RN Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Dr M R Baker - Trustee

Page 6

Independent Examiner's Report to the Trustees of Abergele Community Action Ltd

Independent examiner's report to the trustees of Abergele Community Action Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2023.

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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

  2. 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

  3. 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 The Institute of Chartered Accountants in England and Wales

Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 0RN

Date: .............................................

Page 7

Abergele Community Action Ltd

Statement of Financial Activities for the year ended 31 January 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
28,236
Charitable activities
Foodbank
6,507
Gwynt Y Mor
-
Community Money Advice
-
Youth Shed
23,000
BBC Small Grant
-
COVID
-
Pathfinder
-
Other trading activities
2
-
Investment income
3
368
Total
58,111
EXPENDITURE ON
Charitable activities
Office expenses
27,671
Abergele youth action cafe ltd
787
Foodbank
8,758
Depreciation
2,827
Community Money Advice
2,871
Youth Shed
2,000
Total
44,914
NET INCOME
13,197
RECONCILIATION OF FUNDS
Total funds brought forward
31,918
TOTAL FUNDS CARRIED FORWARD
45,115		 Restricted
funds
£
2,582
47,031
16,666
6,868
109,070
(6,444)
-
34,279
-
-
210,052
147,618
-
12,609
16,000
4,128
22,081
202,436
7,616
106,488
114,104		 2023
Total
funds
£
30,818
53,538
16,666
6,868
132,070
(6,444)
-
34,279
-
368
268,163
175,289
787
21,367
18,827
6,999
24,081
247,350
20,813
138,406
159,219		 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

The notes form part of these financial statements

Page 8

Abergele Community Action Ltd

Balance Sheet 31 January 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
8
7,521
CURRENT ASSETS
Debtors
9
5,209
Cash at bank
34,885
40,094
CREDITORS
Amounts falling due within one year
10
(2,499)
NET CURRENT ASSETS
37,595
TOTAL ASSETS LESS CURRENT LIABILITIES
45,116
NET ASSETS
45,116
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
30,541
1,875
110,339
112,214
(28,652)
83,562
114,103
114,103		 2023
Total
funds
£
38,062
7,084
145,224
152,308
(31,151)
121,157
159,219
159,219
45,116
114,103
159,219		 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

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

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:

............................................. Dr M R Baker - Trustee

The notes form part of these financial statements

Page 9

Abergele Community Action Ltd

Notes to the Financial Statements for the year ended 31 January 2023

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

2023 2022 £ £ - Catering income 2,202

Page 10

continued...

Abergele Community Action Ltd

Notes to the Financial Statements - continued for the year ended 31 January 2023

3. INVESTMENT INCOME

INVESTMENT INCOME
2023 2022
£ £
Interest receivable - trading 368 12
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration for non audit work
Depreciation - owned assets		 2023
£
3,132
18,825		 2022
£
2,856
14,975

4. NET INCOME/(EXPENDITURE)

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2023 nor for the year ended 31 January 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2023 nor for the year ended 31 January 2022.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

Activities relating to Food Bank
Relating to charitable activities		 2023
5
8
13		 2022
5
8
13

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
19,299
Charitable activities
Foodbank
-
Community Money Advice
-
Youth Shed
-
COVID
4,500
Other trading activities
2,202
Investment income
12
Total
26,013
EXPENDITURE ON
Charitable activities
Office expenses
14,016
Foodbank
5,834
Depreciation
2,017
Community Money Advice
-
Youth Shed
7,882
Total
29,749		 Restricted
funds
£
398
36,488
43,493
121,045
-
-
-
201,424
135,835
3,815
12,956
6,619
16,054
175,279		 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

Page 11

continued...

Abergele Community Action Ltd

Notes to the Financial Statements - continued for the year ended 31 January 2023

7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
NET INCOME/(EXPENDITURE)
(3,736)
26,145
RECONCILIATION OF FUNDS
Total funds brought forward
35,655
80,342
TOTAL FUNDS CARRIED FORWARD
31,919
106,487
8.
TANGIBLE FIXED ASSETS
Improvements
Fixtures
to
and
Computer
property
fittings
equipment
£
£
£
COST
At 1 February 2022
140,369
16,455
16,440
Additions
-
3,825
7,911
At 31 January 2023
140,369
20,280
24,351
DEPRECIATION
At 1 February 2022
107,910
8,854
11,349
Charge for year
11,697
2,827
4,301
At 31 January 2023
119,607
11,681
15,650
NET BOOK VALUE
At 31 January 2023
20,762
8,599
8,701
At 31 January 2022
32,459
7,601
5,091
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Other debtors
360
Prepayments and accrued income
6,724
7,084		 Total
funds
£
22,409
115,997
138,406
Totals
£
173,264
11,736
185,000
128,113
18,825
146,938
38,062
45,151
2022
£
360
875
1,235

Page 12

continued...

Abergele Community Action Ltd

Notes to the Financial Statements - continued for the year ended 31 January 2023

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Social security and other taxes
Other creditors
Accruals and deferred income		 2023
£
2,495
2,500
26,156
31,151		 2022
£
2,873
2,500
33,541
38,914

11. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Foodbank donations
Abergele District Food Bank
UK Youth Fund
Restricted funds
Conwy Vol Serv
Welsh Goverment
The Millennuim Staduim Charitable Trust
Awards for all
Abergele District Food Bank
Community Money Advice
Youth Shed
Principality Fund Trial and Learn
Comic Relief Community Fund
Pathfinder
TOTAL FUNDS		 At 1/2/22
£
24,297
7,621
-
-
31,918
833
31,200
203
278
18,715
25,100
30,159
-
-
-
106,488
138,406		 Net
movement
in funds
£
(2,621)
(580)
6,507
9,892
13,198
(416)
(11,158)
(50)
(92)
(1,153)
(17,871)
2,827
927
2,487
32,114
7,615
20,813		 At
31/1/23
£
21,676
7,041
6,507
9,892
45,116
417
20,042
153
186
17,562
7,229
32,986
927
2,487
32,114
114,103
159,219

Page 13

continued...

Abergele Community Action Ltd

Notes to the Financial Statements - continued for the year ended 31 January 2023

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Foodbank donations
Abergele District Food Bank
UK Youth Fund
Arnold Clark Community Fund
Restricted funds
Police authority community trust and
Crimebeat
Conwy Vol Serv
Welsh Goverment
The Millennuim Staduim Charitable Trust
Awards for all
Abergele District Food Bank
Community Money Advice
Youth Shed
Principality Fund Trial and Learn
Comic Relief Community Fund
Pathfinder
TOTAL FUNDS
Comparatives for 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		 Incoming
resources
£
18,739
10,865
6,507
20,000
2,000
58,111
2,500
1
-
1
-
49,609
23,535
93,906
2,084
4,137
34,279
210,052
268,163
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		 Resources
Movement
expended
in funds
£
£
(21,360)
(2,621)
(11,445)
(580)
-
6,507
(10,108)
9,892
(2,000)
-
(44,913)
13,198
(2,500)
-
(417)
(416)
(11,158)
(11,158)
(51)
(50)
(92)
(92)
(50,762)
(1,153)
(41,406)
(17,871)
(91,079)
2,827
(1,157)
927
(1,650)
2,487
(2,165)
32,114
(202,437)
7,615
(247,350)
20,813
Net
movement
At
in funds
31/1/22
£
£
(8,363)
24,297
4,626
7,621
(3,737)
31,918
(417)
833
(11,171)
31,200
(68)
203
(137)
278
3,696
18,715
6,945
25,100
27,298
30,159
26,146
106,488
22,409
138,406

Page 14

continued...

Abergele Community Action Ltd

Notes to the Financial Statements - continued for the year ended 31 January 2023

11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
15,274
Foodbank donations
10,739
26,013
Restricted funds
Conwy Vol Serv
-
Welsh Goverment
-
The Millennuim Staduim Charitable Trust
(1)
Awards for all
-
Abergele District Food Bank
36,487
Community Money Advice
43,493
Youth Shed
121,445
201,424
TOTAL FUNDS
227,437
A current year 12 months and prior year 12 months combined position is as follows:
At 1/2/21
£
Unrestricted funds
General fund
32,660
Foodbank donations
2,995
Abergele District Food Bank
-
UK Youth Fund
-
35,655
Restricted funds
Conwy Vol Serv
1,250
Welsh Goverment
42,371
The Millennuim Staduim Charitable Trust
271
Awards for all
415
Abergele District Food Bank
15,019
Community Money Advice
18,155
Youth Shed
2,861
Principality Fund Trial and Learn
-
Comic Relief Community Fund
-
Pathfinder
-
80,342
TOTAL FUNDS
115,997		 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

Net
movement
At
in funds
31/1/23
£
£
(10,984)
21,676
4,046
7,041
6,507
6,507
9,892
9,892
9,461
45,116
(833)
417
(22,329)
20,042
(118)
153
(229)
186
2,543
17,562
(10,926)
7,229
30,125
32,986
927
927
2,487
2,487
32,114
32,114
33,761
114,103
43,222
159,219

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continued...

Abergele Community Action Ltd

Notes to the Financial Statements - continued for the year ended 31 January 2023

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
Abergele District Food Bank
UK Youth Fund
Arnold Clark Community Fund
Restricted funds
Police authority community trust and
Crimebeat
Conwy Vol Serv
Welsh Goverment
The Millennuim Staduim Charitable Trust
Awards for all
Abergele District Food Bank
Community Money Advice
Youth Shed
Principality Fund Trial and Learn
Comic Relief Community Fund
Pathfinder
TOTAL FUNDS		 Incoming
resources
£
34,013
21,604
6,507
20,000
2,000
84,124
2,500
1
-
-
-
86,096
67,028
215,351
2,084
4,137
34,279
411,476
495,600		 Resources
Movement
expended
in funds
£
£
(44,997)
(10,984)
(17,558)
4,046
-
6,507
(10,108)
9,892
(2,000)
-
(74,663)
9,461
(2,500)
-
(834)
(833)
(22,329)
(22,329)
(118)
(118)
(229)
(229)
(83,553)
2,543
(77,954)
(10,926)
(185,226)
30,125
(1,157)
927
(1,650)
2,487
(2,165)
32,114
(377,715)
33,761
(452,378)
43,222

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.

Restricted Funds

CCBC Youth Service

This grant was awarded in Jan 2023 to support activity days out to improve the mental health and wellbeing for young people.

Albert Gubay

This grant was awarded in March 2022 for three years to fund the salary costs of workers to manage and develop the Foodbank.

Gwynt Y Mor

This grant was awarded in July 2022 for 3 years, paid annually to cover the employment costs of Foodbank Co-ordinators.

The Trussel Trust

Various grants, including Financial Inclusion grants, were received during the year to support the employment costs of Abergele Foodbank as well as winter pressures such as additional food items or energy bills.

UK Youth Thriving Minds

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continued...

Abergele Community Action Ltd

Notes to the Financial Statements - continued for the year ended 31 January 2023

11. MOVEMENT IN FUNDS - continued

This grant was awarded in May 2022 for three years to assist with employment costs of mental health workers to improve mental health support for young people.

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, Comic Relief Community Fund, PACT Youth and Arnold Clark.

Community Foundation Wales

This grant was awarded in Sept 2022 to cover employment costs towards youth workers and new laptops for young people to prepare them for further education, training or employment.

12. CAPITAL COMMITMENTS

As at 31st January 2023, Abergele Community Action Limited did not have any capital commitments (2022: Nil)

13. OTHER FINANCIAL COMMITMENTS

As at 31st January 2023, Abergele Community Action Limited have no financial commitment.

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2023.

15. LEGAL STATUS OF THE CHARITY

Abergele Community Action operates as registered company limited by guarantee.

16. CONNECTED COMPANY

Abergele Youth Action Cafe has ceased trading and was dissolved on 3rd May 2022.

Abergele Community Action Limited is exempt from consolidated group accounts.

Page 17

Abergele Community Action Ltd

Detailed Statement of Financial Activities for the year ended 31 January 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Grants
Other trading activities
Catering income
Investment income
Interest receivable - trading
Charitable activities
Grants
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
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
Bank charges
Support costs
Finance
Improvements to property
Fixtures and fittings
Computer equipment
Governance costs
Auditors' remuneration for non audit work
Total resources expended
Net income		 2023
£
24,780
6,032
6
30,818
-
368
236,977
268,163
140,933
3,961
1,768
825
1,535
3,082
4,603
1,825
11,546
7,508
95
2,544
1,674
1,007
8,758
1,071
6,120
23,230
3,206
100
225,391
11,698
2,828
4,301
18,827
3,132
247,350
20,813		 2022
£
19,701
-
(4)
19,697
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

This page does not form part of the statutory financial statements

Page 18