SISTEMA CYMRU - CODI'R TO (A Charitable Incorporated Organi5ation) Uiiaudited Report and Finalleial Statements Year Fnded 315t August 2023 Charity Numbei.: 1159046
SISTEMA CYMRU- CODI'R TO LEGAL AND ADMINISTRATIVE IiYFORMATION TRusfEES Carys Aaron Aluij Ffred Joties Si(Mied Elisab¢ili Huws Nia Wyft Lloyd Oiven Oiyens Gwawr If7 jdi11) Huimplireys Rhys Harrss Mari Einlyn Ann PaTL WilliaLnS Aiiti Hopcyn RCI GJSTERED OFFICE Canolfaii Noddfa Cil Peblig CAERNARFON Gwynedd LL55 2RS BAIYKER HSBC J3aiik PLC 24 C#5tle Square Caernarfon G1vyedd LL55 2NB ACCOUNTANTS V J Matilieivs a'i fab -15 Y Botit Bridd Caettiarfot) Yyiicdd LL55 IAB
SISTEMA CYMRU . CODI'R TO Rei)oi't of th¢ tru5tces for the yeAr eitded 31 Aiigust 2023. contiiiued....,...,.. Th¢ charity also aims to promole s181 iiiclvsioll for the public bwi¢fil by preveiitii)g people fioin betoiiiÉiig socially excluded, niiligalitig aiid Jntetiiig Iljc iiced8 of those who are Socially excluded aiid help ihein 10 iiiregrate into society. For the purpos¢ of ihe above clause'socsally Excludcd, iiicaiis beiijg excluded frorn society. or fn)iJi part of society, 85 a result of beiiig a tneinber of a ctsmmiiiiiiy i¥hi¢ii is socially and ¢coiioniic&lly disadvaiita8ed. Rtlxtioiiship with iiit¢re$ted i)ai'tie$ Th¢ charily is backed by Cyngor Givyiiedd, Aivards for All Notional Lottery Wales, Sieve Morgan Foiindatioi), The Natiojial Lottery COJ111l(Y fund People and Places. People's Postcode Lottery, Colivi115ton Cljaritable Trust, Tlie Darkley Tnist, Tlie Doiiglas Peniiaiit Family Trust, Millejiniuin Stadiuin char(ble Tiust, Atsain (Atjtlieni), Comic llelief, Y5gol Mae5incla, aiid Ysgol Glancegin. Tl)¢ Board of Tnis¢¢¢s are grateful for tlie Coiitinuiijg support of all interested porties. Policy i'eExrdlng Fuiid5 llje charily 15 very depejident upon the continued support of interested parti¢s. The charity's main.The charity is very depeiident iipoji the coiitiiiued siipport of iiitere5ted parties. file charity's Jnaiii objective is to eslablisli at least a break-even positioti eacli year by generating sufficiei)t fiinds froii) its ordiiiary aclivities to wver c051s in order to in¢r¢as¢ lh¢ balan¢¢ on general rese¥ves. Our Tes¢Tves policy states that the charity's running costs and redundancy ¢osts of staff sliould be kept with at least 3 ionIhS itt reserve. Revlew of FiiiARItlAI Aetlvliies Folloi¥ing successful applications for neiy projects during 202212023. Alld with the National Lottery's Pawb a'i le project continuing, total incoitse for Ihe yeai in¢iea5ed frotn £148,791 in 2022 10 £195,524 thi5 year. There ivas a sniall reduclion in total expendifure froin £194,816 in 2022 to £193,228. which lias resulted in a net incotne for Ihe year of £2,296 (2022 tiet expenditur¢ of £40,025). Total fulld balances at flit year•end increased to £37,66812022 £35.372J, Ivifh tlie balartce on the iinrestricted fund of £32,327. Sislema Cymru Codi'r To iyorks in ttyo schools, Ysgol Maesincla ID Caemerfon, and Ysgol Glartcegin in Bangor. Professioiial Inusi¢ tutors ivork in Ihe scliools leading activities aiid lessojis, £ivit)g each cljild froni Nui'5ery up to Year 6 Ysgol (ilanc¢gin and Ysgol Mae5in¢la ihe opportiinity to receiv¢ weekly miisi¢ lessong aiid learii to play brasg ajid pucussion instruinetsts. We also make conn¢rtlOnS Ivitli tlie rai117¢$ aiid tlie neighbourhood suirouiidiiig the schools by bringiijg live ii)tssic to the COIiiEnuiiily aiid liold after school musit clubs for pupi15 froTr) Year 3 to secojidary school age. During 2022-2023, fh¢ folloivitsg attivities and events took place: Septeniber 2022 Codi'r'fo after s¢hool ¢liib re$uiM¢s aft¢r th¢ SU1]ner holidays. Deceiiiber 2022 Cliristmas carols in Noddfa Comiu1ty Cent. Caiols at Pla5 Mae5in¢la and Plas Hedd Resideniial Care Homes. Cliristnias concerts iii Ysgol Glancegiii al carols for pai'eii15 OlltsÈde the 5clwol. Ysgol Maesiticla Cljrisltiias coiicerl iii St Mary's CIIUTCIE, Caeriiai'fon. Carols for Ilie elderly iii Clivb Taro F¢ivn in Salem ¢liap¢l, Caciiiarfoii. Carols for tlie cliildren in Ys801 Feithriii Sciont a Plieblig aiid Ysgol feiilirin PIAS Paivb, Ca¢marfoi). Carols for Ilie elderly at tlic Noddf3 Cotiiinuiiity Ctnlte Iwiclj lb. JAiiiiAiy 2023 A visit fro1 aiid o peiformaiie¢ for our local MP, Hyivel Williams al Y5gol Ma¢sin¢la. FebrEiary 2023 Half Tci'ni liolid&y clubs ai Y5gol Glallcegiii and Ysgol Maesijiela Ysgol Glaii¢egiii afier school club begin op¢ra pi'ojecl ivhili Baiigor University MAr¢h 2023
SISTEMA CYMRU-CODI'R TO Repoi't of the ¢rustees for tlie yer ended 31 August 2023, eontinu¢d........... • select 5Ultable accounting poli¢ies aiid Ilieii apply tlieiii COllSL5tenily' observe Ilie Ineiliods aiid pi'iiiciplcs iii flic applicablc Chai'jties SORP. make judgcnieiits aiid cstiinate$ tliat ire i'eagoii&ble al pnident. * slate ivlieilier apylicable accoiintiiig st?ndiids hftve beell followed, siibject to aiiy In8terial d¢pirture5 disclosed and explaiiied in Ili¢ finaiicial slaleJneJils: pirpai'e tlie fiiiancial statenients oil the going coiicem ba5i$ unless ht is inappropriate to presuine that The trustees are r¢sponsible for ke¢piJig proper accountijig records fliat di5c105e iyith re&wtiable aceuracy al any litne th¢ finantial pc)8ltion of Ihc clTr*&rity and to ci)ablc Ihcni to cnsure that the fsn&n¢ial statcmcnts conply iviih the Chariiies Act 2011, Ilie applicable Cliarities (Accounts and Reports} Regulations, and ihe provision5 of Ihe Tiust deed. They 3re also respoi)sibl¢ for safeguard18 the assets of the ¢harity and takiiig r¢a50iiable 51ep5 for the weveiitioti and deteclioTh of fraud and ller rregularities. The (ru51ees are responsibl¢ for the maintenan¢¢ aiid integrity of the charity and financial iiiformalio iiicluded on th¢ ¢liarity's ivebsite. Legislation in the United Kingdoni governing the preparaiioll aiid dis5thlrtatioti of fiiiancial stateinents iiiay differ fron) legislation in oil)er jurisdi¢tioi)s. Report Approved: 25, JanuAry 2024 Alun Ffi-ed Joi e5 Ch
sisrEMA CYMRU- CODI'R TO StAtement or riinAtttiAI AetivitÈe$loi' Iheyeai. elided 31 Atigiisr 2023 UnSt1.1Cted Funcls Rcstvicted iiid$ 31 Allgiist 31 Augusl 2023 2022 Not¢s liieoniing resources Charitable 8CtÉvities 28,934 28,934 33,0(M) Voluntary iticojne 85,563 62,207 147,770 109,453 Other incoJiiE'. Fundraisijig ond donations EmployJi)ent alloiyance 13.135 5,685 13.135 5,685 1.721 4,617 TotRI 133,317 62,207 195,524 148,791 Expendlture on: a1]Iable activities 129,518 63,710 193,228 194,816 Net ¢yp¢nditure for the ye%Lr 3.799 (1.503) 2,296 {46.025) Balance At I September 2022 28.438 6.934 35.372 81.397 Balance at 31 Aiigu5t 2023 £32,237 £5,431 £37,668 £35,372 All of tlie above results are derived fron) ntinUIng a¢livilies. All gains and losses COgnised in the year are included above.
SISTEIMA CYMRU- CODI'R TO Notes to tli¢ finAnci#l stAtenieiit5for I1 )aft. eJided31 Aiigiisl 2023 Aeeountlng polleies Basis of Accouiitiiig Tlie financi21 slalcjiicnls havc becn prepayed in a¢cordan¢¢ iviili Accoutttiiig aiid RcportlEJg by Charities.. Stateinetit of ReConjiellded Practice applicable to char*tT¢5 preparing tlie5r accoiiiils iji a¢¢ordaii¢e iviih ihe Fiiian¢ial R¢portiiig Siandaifj appli¢able in ihe UK alld iiepublic of IrelaEid IfRS1021 (effe¢live l JaiiuAry 20151 (Ch?iilie5 SORP IFRS102)}, Iljt Fiiiancial Reportiiig StandRrd applicAble in the UK and Republic of Irelaiid (fRS102) aiid ihe Cliariiies Act2011. Sisteiiia Cyiiiru- Codi'r To m¢ets the defiiiition of a wiblic beijefit Eiilily undei. FRS102. Assets and liabilities are iiiilially re¢ogui5ed al hisloric cosi ur tr3115a¢liott vttlue uilless oilierivise slated iti tlie relevant accouiitsng ptslicy iiote. b) P]Yp1.lI0n of x¢¢ounts on 4 going eoncern basls The Trustees are of the opinion that (here are no reasojis ivhy the charity accot]Thts sIuld not be prep&red uiider Ilie goi] coiicern provisi0i1S. ChAI'itAble stAtLES If upon Ihe ivioding up of Sistema Cyniru- Codi'r To, Ihere remaijis after the satisfaclion of all debts ai)d liabililies, any pft)p¢rty whatsoever, they 51)211 b¢ given lo some other chèritable insliÉutioll haviiig 5iinilaT obj¢Lls lo the rharity. d) riuiid Aecouiiting Geiieral fund5 are un¥estri¢led funds whi¢h ore Available for use al ihe dis¢retion of ihe trustees li) 11h¢rance of tlie gen¢r81 obje¢tives of ihe charity and wliich liave not beeii designated for other purposes. Desigijated funds comprise unre5tTi¢led funds tliat have been set aside by the trustees for particular purposes. ReslTiclcd fndS arc fiinds ivhicli are ¢0 be used in a¢¢oifj#n¢¢ ivi¢h splf1¢ r¢slriclions imposed by doiiors or ivhieh have been raised by the charity for a particular PUTPOSC. TIIE C05t of i351ng and adJiiini5teTing sii¢h funds Are cliarged a8ain5t the Specific fund. Ilicontig resollrces All incoining r¢sources ar¢ included in the SOFA whet) the ¢hAiity is legally eiiiitled to the iii¢onie a11d the amount cali be quaiilified ivsth reasonable accuracy. Grajjts are accounted for in Ihe period to ivhich they relate. IncoiiiinE re5011rc¢s 5ubjeti to doiior imposed conditions that spccify th¢ timc pcrsod sn ivhich the ¢xpcthditure of tlie resource Can lake place sliall be 8QuI}led for as deferred liOMe aiid released lo the SOFA ivlieii Ilie linje collditioii is mel. io
SISTEIMA CYMRU- CODI'R TO Notes to the fiRan£ial statemeIS' Iligyeai. e17ded31 Atig11512023 (Coiiliiitied) UiiYestl'Lttod Resti'icted 2023 2022 ChAI'ltAble M¢tivltle$ Ys801 Glaiicegin Ysgol Macsincla 14.417 14,517 14.417 14,517 11,958 11,958 £28,934 £28,934 £23.9k6 Unyestyicted Restricted 2023 2022 Voluiitary Iiieome Ai15 Council of Wales Givyiiedd Cou2icil St¢ve Morgat) Foundation NLCF- P¢opl¢ & Places Aivards for All- Nat Lottery Wales People5 Postcode Lottery Garfield Weslon LolS NÉchola5 Comi¢ Relief School Society Brifish aiid Abroad Darkley Trust Colwinston Chayitsble Trust Douglas Pennant Faniily Fouimlation MilleJ)iuiii Stadiuii) Cliarilable Trust A15ain oiher 5.400 10,4QO 11,500 24,670 9,868 20.000 15,000 5,000 61.690 4,791 61,690 4,791 24,558 8,890 10,119 24,558 8,890 10,119 9,980 9,930 7.240 3.000 3.ODO 6,000 2,640 7,360 8,419 323 6,000 2,640 7.360 8.419 323 375 £85,563 £62,207 £147,770 £109,453 Uiin%tricted Re5trlctcd 2023 2022 Cost of Ch¥ti'itable itlivities Lead tutor Brass and perovssioij thtors Travtllingj cos1$ Sundry lnstriiinenls 31,126 40,045 4,013 428 6.240 14.715 1,795 4.605 37,366 54,760 5,808 5.033 34,489 53,501 4,945 27,491 75.612 27.355 102.967 120.426 Support ¢osts (Note 6) Goverjiance costs (Note 7) 51,573 2,333 36,355 87,928 2.333 71,624 2,766 £129,518 £63,710 £193,228 £194.816 12
SISTEI MA CYMRU- CODI'R TO Note5 to the fiiiaiiciAI $tAtomtiitsfoi' ee31 Aiwiisi 2023 fconiiiiiied) Debtoi 2032 2022 oilier debtors Prepaymen15 2,105 761 1,508 £2.866 £1,508 io. Ci'editor8: aiiwii4lsfalliiigdii¢ iviiliiii oneyeav 2023 2022 AccNals Deferreil incoine 2,098 17,500 4,369 16,333 £19,598 £20,702 CorpoYAtioti TAX SisleJMa Cyni Corporation Tax. Codi'r To has charitable slatvs and as such is not ¢liargeable under 12. Tnt11511ttions with Public Author&lies xiid othti. iiitorosttd p¥rlies 2023 2022 Duriiig tlie ye&i' the ¢li&rity received tlje following iii¢oiii¢'. Arts Council of Wal¢s Gwyiiedd Couiicil Steve Moi'gaii Cliarilable Foiirtdatio CG Natioiial Loitery Paivb a' Le Arian l Bawb- Wales Nalional Lottery P¢opl¢b Po51rode- Loll¢ry Garfield Weston Louis Nicholas Coini¢ R¢li¢f Scliool Society Britisli and Abro Darkley Trust Colivii)ston Cliarilable Trusl Douglas Pei)aiant Faniily FoLEndatioti Millcjiiiiiij Stadiuiii Charitable Trust 5,400 10,4(K 11,5 24.670 9,868 20,000 15,000 5.000 61,690 4.791 24.558 8,890 9,980 7,240 3.000 6,000 2,640 7.360 8,419 13. Coiitrolling Pgl'ty The orgaiiisatioii ¢onirtslled by Ihe Triistees. 14
SISTEMA CYMRU- CODI'R TO Note$ to tlie fliimnelal ststeinolltsfoi. elided 31 2023 (CoiiliNiied) Restricted Fuiids (Contiiiutd): Nnlitbiial Loltery Coiiimuiiity Ftilld- People & Places Fuixd National Lottery co1111711tY Fuiid- People and Pla¢es. The 2-year grani is a coiiiiniialioii of a coniniuiiily tnusic Project for childTeii, fainilies, Aiid eoininunily nieimbei's of all ages in aiid aroiiiid Ysgol M&esiiicla Caeriiarfon aad Ysgol Glaiicegin in Baii80r. Cornic Relief Fund Thc Comic Reliefs Comn)Iinity Fund ID Wales {Sii)all Grants) Ivas futtding to sirengllien ComJi)utiTrty Capacity by building digital SUPPOTI, Coniinunily Fiiiidraising. Co-production and ¢onsultaliott with slak¢hold¢rs and support ivith Monitoring and Evaluation ofovr projects. Arts Council ofwxles 'ant toivard5 Staff and tutor trAining Awards 4 All The graiit funded additioiial after s¢hool niusi¢ Clubs w)d additional tulors. Dai'kley Trust The grant partly funded the salary of our FouiJd4tion Phase tstor at Maesincla and Glancegin Schools Als#in A grant towards developiiig Youih Voi¢¢- Ilie voi¢e of lh¢ young peopl¢ ivho are part of Codi'r To activities. Millenniuiii St%dSuin CliaritAble Tyust 'rhr grant fundcd ili¢ purcliase of Tnofe i115triiments for the pupils of Mae51cla #nd Glancegin Scliools and a coii¢ribution toivards tlie tutors, salarics. 16
SISTEI¥qA CYTrfjRU- CODI'R TO BrtIait Sheel tts al 31 Aiigiisl 2023 Notes 2023 2022 Curre)Jt Assets Debtors Cash at bank and in hand 2,866 54,400 1,508 54,566 57.266 56,074 Creditors.. aiiioi¢pilsfallEiig &¢e io (19,598) (20,702) Net curreiit Jlsset$ 37.668 35,372 Ntt assets £37,668 £35,372 Fujids Geijeral unrestTlCted fmnd GeJieTal restricted fund 14 14 32,237 5.431 28.438 6,934 £37,668 £35,372 Alun Ffred JOEI s (Tru ee 25" JnRiUary 21n4 Rhy grris cri. t¢e 25, January 2024