2021-12-31-accounts - Twyn Community Hub

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REGISTERED CHARITY NUMBER: 1159502

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

		Page
Report of the Trustees	1	to	8
Independent Examiner's Report		9
Statement of Financial Activities		10
Balance Sheet		11
Cash Flow Statement		12
Notes to the Cash Flow Statement		13
Notes to the Financial Statements	14	to	32

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

The trustees present their report with the financial statements of the charity for the year ended 31 December 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).

The Charity was registered as a Charitable Incorporated Organisation on the 5th December 2014.

The Charity changed its name to Twyn Community Hub on the 22nd January 2019.

OBJECTIVES AND ACTIVITIES

Objectives and aims

To act as a resource for young people up to the age of 25 living in Merthyr Tydfil and the surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:

(a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;

(b) providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons."

Public benefit

We have complied with the duty in section 17 of the 2011 Charities Act to have due regard to guidance published by the Commission in respect of our duty to provide public benefit.

Our charity purpose is to act as a resource for young people up to the age of 25 living in Merthyr Tydfil and the surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities.

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

ACHIEVEMENT AND PERFORMANCE

Charitable activities

This year has been a challenging one for Twynyrodyn Community Hub with many new issues to overcome post Covid-19 pandemic alongside incoming cost of living concerns. We have extended our reach in terms of creating positive impact in the community and engaged with many inspirational new volunteers which are great positives for us as a charity focused on wellbeing. However, we have found that volunteers are now less able to support our charitable aims due to going back to work, finding new employment, costs & time, meaning their priorities are changing and they are less able to contribute their time.

Throughout this year our young people have faced a challenging time and we have had to be innovative in approach to ensure continued engagement safety and wellbeing needs are met, young people are harder to reach than ever with challenges they are facing growing more complex. Throughout, young volunteers have been inspirational in bridging the generation gap and showing humanity to those who are in need within the community, and this is something we aim to build on going into 2022.

The community support and positive feedback we have received has been instrumental in directing our next steps to best support the community and it is clear that the new few winter months our support and stable involvement in the community is going to be needed more than ever, it is perhaps a time of challenge for us as a charity to overcome in developing a new model of approach focused on basic daily lives - building a support system within the community and to to carry on with kindness initiatives.

Consequently, the charity aims to expand its objectives to cover all ages and needs with the pandemic uncovering many unmet needs within the community, experiencing the issues first hand as community members ourselves has given us an unfiltered raw look at what stands in the way of a more positive life allowing us to centre our priorities on what matters most.

The following has been achieved this year:

Our Work within the Community has significantly developed over the last year and changed dramatically in approach following the pandemic and the next challenges to be faced.

Our aims are always centred around improving wellbeing, developing confidence and building self-esteem, all of which have been successfully achieved if through very different ways this year. The focus this year was to continue face to face engagement empowering and connecting people again at their own pace, problem solving barriers together and overcoming these as best we could. This has been achieved through different ways of working, not ideal but still positively impactful with skills embedded- to take active involvement with the current project and those upcoming.

An example of some of the innovative ways we have delivered activities include:

Community outreach and wellbeing check: Regular phone conversations to check wellbeing, referral's and signposting and walkabouts - we know this worked well with engagement during the pandemic and have implemented daily contact as a regular activity for all staff.

Events

We have had Breakfast with the Elves, Christmas grotto, Christmas market, Medium event, The Gift of Christmas, VE Day Afternoon Tea, and Halloween community party and a Halloween scary maze. Planning continues to improve our future Xmas market, grotto, Xmas dinner for those over 65. We feel these celebratory events are important and enable us as an organisation to take the time to enjoy shared events and experiences further building engagement.

Community digital project

This historical project has had long lasting impacts due to transferable skills learnt though this being used on new issues incoming - we have started taking laptop/iPads donations for refurbishment to have our own lending library.

Challenges

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Marketing and advertising is always a challenge within a small community as a charity as marketing resources are expensive and often not funded through grant funding. We know that word of mouth works well and have been looking at lowering printing costs in administration ways in order to allocate funds to leaflets and letters with information to be made available.

Links

We have maintained good links with the local schools including our local Welsh and SEND schools with all sessions being socially inclusive. Greenfields School use our hub eco garden for their transition into independence for those nearing the end of their educational time in school. Twynyrodyn school continues to correspond with us to create a joined up community approach going forwards with a shared asset approach. We have also continued to work collaboratively, including the Workers Educational Association, Gellideg Foundation, bridges into work, Merthyr Tydfil steering group, Glynmil Travellers site, The Cwm Taff partners group, Dowlais Engine House, VAMT, Merthyr Job Centre and Drug Aid - many of who also promote our services. We have also strengthened our links with Merthyr Valleys Homes who have provided support with capital works including re tarmacking our drive to allow our minibus to enter safely and are now financing an area of land for us to become accessible as our own car park - alleviating the traffic issues attendance at our hub facilitates. We constantly evaluate the project including activity feedback, community consultations self & event evaluations. Good sharing practice informs best policy's and working frameworks in order to stay focused on our aims and objectives. The trustees are very confident in our growth as a charity and in our ability to maintain this going forwards ensuring the community members are heard and their voices are our directives, staff are treated fairly and new challenges are problem solved as a team.

Activities undertaken with each major fund

The restricted funds of the charity have been applied during the year or are held for future expenditure in the following areas:

BBC Children in Need

Three year funding (May 2021 - June 2024) for staffing, activities and contribution to running costs grant funding for toddlers aged under 5 years to encourage and support social and learning skills development in children under 5 through a range of activities.

Children in need funded sessions:

Soft/Messy Play and Sensory play 4 hours weekly (Tuesday/ Thursday): This is a safe space to explore, make choices, gain independence, meet developmental milestones and to prevent isolation for parents who gain a support network going forwards from these groups.

Messy play attendants - 13-17

Sensory play - 18- 20 weekly

(average number worked over a 3 month time frame)

Money Heroes - Children in need - The programme contributes to practical skills surrounding money and the confidence needed to manage budgets.

MTCBC - SLA

One year's youth provision staffing, running and activity costs to mitigate the impact of income and social disadvantage, and increase wellbeing, participation and active citizenship among young people aged 8 to 25 years. 6 hours face to face open access sessions running over 3 days Mon, Thursday and Friday. Safe Space to come and meet peers, Develop social skills, Form healthy relationships, Gain/improve communication skills, Team Building and Sportsman ship skills, Cooking and budgeting. Opportunity to discuss concerns with trusted person, making new friends, learning new skills. Attending workshops specific to age/challenges and interests of young people (Bullying, sexual health, emotions, LGBT, Identity, Career options, Volunteering).

Monday attendance average - 36 /Thursday - 42/ Friday 12.

Youth Cymru / Garfield Western

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Two year contribution to core costs to enable our youth provision to run safety.

Youth led projects

Support given from Voluntary Action Merthyr Tydfil to empower our young people and allow then to direct their own session, so far an art project has been funded and stall resources for our Christmas Market.

Holiday funding

Summer of fun -Community based interactive, creative, and play-based initiatives for all ages. Engage young people who have been missed or unable to attend play provisions due to being a young carer etc. Counteract negative pandemic impacts such as social development, social isolation, and loneliness, unhealthy nutrition, and exercise habits.

Health and Fitness week during youth sessions

Use of open green spaces: Tennis Tournaments, Circuit Training, Football, and match skills. survival, archery, last man standing.

Big Lottery ABCD

This is a 3 year project. Supporting work with all sections of the community, especially older people in the immediate and wider neighbourhoods to reduce isolation and the impact of low income by facilitating the development of projects and activities based on their interests and skills; encourage intergenerational projects and activities.

Family night

National lottery funded group initially, however this group has been self run over the last few months with staff periodically facilitating the session. The aim of this session is to enable families/ children to interact and plan and carry out activities together. The challenges have been time with many families also working committing to a plan has been difficult. The aim for this group is to continue to guide with the next direction being to incorporate a cooking and budgeting project where all members can share skills and tips and hopefully continue to grow this group. Regular attendees - 8

Minibus project

We have continued to look for extra funding to supplement our minibus project acquired through a lottery project with different groups benefitting from its access in future.

Lottery Eco Project

This funding enabled us to build a community garden for fresh produce to be grown, we started out with overgrown brambles etc and have been able to end up with a poly tunnel which is safe and accessible, fruit cages and planting areas for community open access. This group has thrived post pandemic starting off as a group of 8 young people aged from 11-18 years, however this has grown to cover all ages and has been a life saver for many people suffering mental health symptoms. This project looks at the climate and environment for educational purposes, looks at where food comes from and its benefits and looks to teach healthy and valuable skills.

Transport for Wales

Funding to sustain our gardens and the safe use of them through resources such as peat free soil, bulbs and water features.

Sewing Bees

This session runs in the afternoon once a week with times negotiated with members to enable all those interested to be able to attend more freely. Age range for this group is 44+ with 9 regular attendees.

Tech Tips

Drop in session to provide knowledge, opportunities and support into other needed services to tackle the cost of living, bus passes, personal independence payments and other important matters effecting our community.

Megastars

Dedicated day allocated to meeting gap in provisions for those with special characteristics who do not fit the deficit approach carried out by statutory provisions. Funding for this group has been made up of small grants so far from Neighbourly, Marks and Spencer and the co-operative.

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Staff wellbeing fund

Voluntary Action Merthyr Tydfil funded project to allow staff team building. Murder Mystery night and meal.

Winter pressures fund

Support for food distribution awarded by Voluntary Action Merthyr Tydfil. Basics stocked and provided in addition to budget menu ideas.

Childcare Incentive

Play Wales facilitated outdoor equipment for grading and safe risk taking.

Merthyr Tydfil Valleys Taskforce fund

As a community Hub we have developed collaborative links with local health boards, Neighbourhood Care Networks, private and voluntary sector partners etc to develop and maintain our ability to provide eco-therapy/well-being activities to people across the south Wales valleys to improve their well-being whilst connecting to local natural heritage as a long-term goal. This funding has facilitated enhancements such as a large canopy at the front of the building allowing all year-round use and protection supporting outdoor engagements with a visually pleasing warm welcome increasing our ability to adhere to Covid restrictions when entering the building, when engaging in outdoor activity and when collecting food.

Outdoor seating provision to allow socially distancing to be facilitated and to provide enhanced seating enabling us as a hub and food establishment to grow and take on more outdoor projects, already a passion of ours.
Outdoor heating to allow for safe Covid practice as restrictions allow outdoor engagements to move forward.
Outdoor planting areas including sensory garden experiences and bush craft etc.
Electrical supply outdoors to allow late night trading, all year trading and heating.
Back yard Canopy to allow further use of this area where the seating and heating will be.
Storage shed to securely store any equipment.

Voluntary Action Dementia project fun

We have provided emotional, physical and practical support using a person-centred approach surrounding the whole family engaging new volunteers to support in many ways such as befriending, telephone support, assisting to appointments etc, taking the pressure off the families and individuals making families feel more secure and supported, therefore lessening emotional stress. Practical support has ranged from adaptions to the home, alarm systems, personal shopping, wellbeing checks, advocacy, appointments escorts, transport and financial aid.

An important part of this funding request was to recognise the need of all affected by dementia, to raise awareness and to come together in safe covid practice through putting together events, trips and support cafes to:

Combat loneliness and isolation of people living with dementia, their family and Carers
Prevent unnecessary access to statutory services/support discharge by maintaining and supporting practical and wellbeing support for carers.
Support beneficiary groups to maintain their health, wellbeing, and independence
Helping community and voluntary organisations build capacity
Reduce the impact of Covid-19
Provide enjoyment beyond practical need.

Fros Yr Fran Funding

Contribution towards walking group equipment.

Asda Community fund

This funding allowed us to put on a free community Christmas meal with entrainment for all those spending Christmas alone catering for 80 people.

Food Poverty Fund MTCBC

This allowed us to build our community kitchen with enough for resources to stock up on basics for cooking sessions.

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Co-operative Community fund

A contribution to our wellbeing services including emergency food parcels.

WCVA Recovery Fund

Post COVID this funding allowed us to create a safe space enabling us to resume services whilst also creating gardening opportunities through resource funding allowing us to utilise our assets the best we could whilst restrictions inhibited usual engagement methods.

WCVA Third Sector Resilience Fund

A major funder throughout COVID response and recovery helping us to turn our community consultations and immediate need forecasts into a pretty quick response. Job opportunities were created whilst also piloting a model of care through food and. Wellbeing as a blended engagement technique.

Voluntary Action Merthyr Tydfil ICF Fund - Reboot and Refresh

We provided sessions aimed at combatting the effects of loneliness and isolation, supporting mental and physical health with the aim of reducing the likelihood of hospitalisation and visits to the GP. Support was aimed at independence, combatting obesity by healthy cooking/ encouraging activity, and improving confidence interacting with others, trying new things and venturing out of their comfort zone, all with a firm support network from us and our connections.

This included facilitating the below including impact:

Online & in person sessions in dance fitness, gym, recipe kit bags, healthy eating recipe cards, Pilates, yoga, phone ins (68 separate sessions in total). Advertising and recommendations of other services when they were seen to be needed including training to further educational skills & employability, encouraging them to join family activity groups to encourage carers, parents & grandparents involved to occupy the children and also help with their physical & mental health.
52 participants registered
28 sessions delivered online & in person
16 also took on other Twyn Community Hub activities & services

Some participants also registered with our community meals as a result of being informed of them, ensuring healthy meals were delivered to their door where they may not have had access to this service before.

Through identifying the needs of our community profile and use of staff & contacts, we were able to put sessions into place with immediate effect, working with local companies such as Green Refill (a local reduced waste store providing local fresh healthy produce), to work with our recipe kit provision, and our in person & online sessions worked very well with set times and the availability to redo the sessions again or at a different time if they were unable to do it live.

Summary of Activity Outcomes:

Session Type	Engagement (total across 2021)	Details
SLA Youth	4500	3250 Male and 1250 Female
Children in Need	1750	1350 Female and 400 Male
Sewing Bees	340	340 Female
Family Night	300	225 Female and 75 Male
Megastars	200	155 Male and 45 Female
Tech Tips	42	32 Male and 10 Female
Walking Group	72	72 Female
Eco Garden	200	22 Female and 178 Male
Dementia Group	120	83 Female and 37 Male
Christmas Market	540	444 Female and 96 Male
Christmas Grotto	350	206 Female and 144 Male
Breakfast with Elves	80	64 Female and 16 Male

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Halloween Maze	300	155 Female and 145 Male
Halloween Community Party	80	66 Female and 14 Male
Medium Night	70	65 Female and 5 Male
Meals on Wheels (WCVA)	3432	2080 Female and 1352 Male
Reboot and Refresh	336	51 Female and 285 Male
The Gift of Christmas	65	35 Female and 30 Male
Afternoon Tea VE Day	120	80 Female and 40 Male
Christmas Community Meal	60	55 Female and 5 male

FINANCIAL REVIEW

Grants and Fundraising

Twyn Community Hub has been lucky enough to receive some grant funding from generous organisations, these can be seen in note 3 in the accounts.

Reserves policy

Twyn Community hub are keenly aware of the need to secure our viability beyond the immediate future. In order to be able to provide reliable services over the longer term. Twyn community hub must be able to absorb setbacks and take advantage of change and opportunity. We provide for this by putting aside, when we afford it, some of our current income as a reserve against future uncertainties.

A minimum level of reserves required for 1 quarter = £15,000. Twynyrodyn Community Hub accepts that where possible it will need absorb setbacks and take advantage of change and opportunity. Twyn Community provide for this by putting aside, when we afford it, some of our current income as a reserve against future uncertainties.

The charity currently holds free reserves of £19,070 (2020: £42,071). The target reserves level, as stated above, is £15,000 being required spend for one financial quarter. Reserves are therefore well in excess of target and trustees and staff have worked hard in order to achieve this result.

Twyn community hub will continue to fundraise, welcome donation and use our premises for rental to retain and build reserves. Since our hire charges are significantly cheaper than other local halls, there is unlikely to be a problem increasing our rates if we need too. Twyn Community hub is also expanding its café and catering services to develop further income.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation.

Recruitment and appointment of new trustees

New Trustees must be interviewed by the current Board of Trustees, and if appointed are informed of their legal obligations under charity law, the decision making process and the business plan and recent financial performance of the charity. The charity aims to recruit people who can offer a range of skills for example personnel, training, finance etc.

Organisational structure

The charity currently has 5 trustees. The maximum number of charity trustees is 12. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1159502

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Principal address

TAG Community Centre Glasier Road Twynyrodyn Merthyr Tydfil CF47 0TD

Trustees

C J Palmer K Smart D McInnes S Hier R Davies

Independent Examiner

Richard I Knoyle ACA FCCA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

Bankers

HSBC Bank Plc 127-128 High Street Merthyr Tydfil CF47 8DN

Charity day to day management

C.J.Palmer

Approved by order of the board of trustees on 20 April 2023 and signed on its behalf by:

C J Palmer - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

Independent examiner's report to the trustees of Twyn Community HUB (Previously known as Twyn Action Group Youth Club)

I report to the charity trustees on my examination of the accounts of Twyn Community HUB (Previously known as Twyn Action Group Youth Club) (the Trust) for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Richard I Knoyle ACA FCCA The Institute of Chartered Accountants in England and Wales

Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

20 April 2023

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 67,622 Charitable activities 3 Youth Club 76,978 Other income 18,849 Total 163,449 EXPENDITURE ON Charitable activities 4 Youth Club 166,962 NET INCOME/(EXPENDITURE) (3,513) Transfers between funds 18 (7,346) Net movement in funds (10,859) RECONCILIATION OF FUNDS Total funds brought forward 46,679 TOTAL FUNDS CARRIED FORWARD 35,820	Restricted funds £ 29,999 220,851 - 250,850 334,826 (83,976) 7,346 (76,630) 149,481 72,851	2021 Total funds £ 97,621 297,829 18,849 414,299 501,788 (87,489) - (87,489) 196,160 108,671	2020 Total funds £ 39,456 589,754 3,910
			633,120
			443,384
			189,736 -
			189,736 6,424
			196,160

The notes form part of these financial statements

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

BALANCE SHEET

31 DECEMBER 2021

Notes FIXED ASSETS Tangible assets 11 CURRENT ASSETS Stocks 12 Debtors 13 Cash at bank and in hand CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 15 NET ASSETS FUNDS 18 Unrestricted funds Restricted funds TOTAL FUNDS	2021 £ 76,249 6,500 22,266 35,939 64,705 (16,531) 48,174 124,423 (15,752) 108,671 35,820 72,851 108,671	2020 £ 82,741 7,000 10,391 147,353 164,744 (38,723) 126,021 208,762 (12,602) 196,160 46,679 149,481 196,160

The financial statements were approved by the Board of Trustees and authorised for issue on 20 April 2023 and were signed on its behalf by:

C J Palmer - Trustee

The notes form part of these financial statements

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021

Notes Cash flows from operating activities Cash generated from operations 1 Net cash (used in)/provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Sale of tangible fixed assets Net cash used in investing activities Cash flows from financing activities New loans in year Net cash provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	2021 £ (104,118) (104,118) (16,446) 6,000 (10,446) 3,150 3,150 (111,414) 147,353 35,939	2020 £ 194,923 194,923 (102,601) - (102,601) 12,602 12,602 104,924 42,429 147,353

The notes form part of these financial statements

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Profit on disposal of fixed assets Decrease/(increase) in stocks Increase in debtors Decrease in creditors Net cash (used in)/provided by operations	2021 £ (87,489) 18,063 (1,125) 500 (11,875) (22,192) (104,118)	2020 £ 189,736 19,860 - (3,500) (9,891) (1,282) 194,923

ANALYSIS OF CHANGES IN NET FUNDS

	At 1/1/21	Cash flow	At 31/12/21
	£	£	£
Net cash
Cash at bank and in hand	147,353	(111,414)	35,939
	147,353	(111,414)	35,939
Debt
Debts falling due after 1 year	(12,602)	(3,150)	(15,752)
	(12,602)	(3,150)	(15,752)
Total	134,751	(114,564)	20,187

The notes form part of these financial statements

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Legal form

The charity is a charitable incorporated organisation.

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.

The following specific policies are applied:

Voluntary income received by way of grants, gifts or donation is included in full on receipt unless it is subject to a condition w hen it is treated as deferred income.

Deferred income . Income or grants received in advance are held as deferred income and carried forward to future accounting periods to be released when the defined purpose of the work or project have been completed, approved or cer tified.

Gifts in kind are included in the income and expenditure account where they are applied in carrying out charitable activities, where the company would otherwise have to purchase the donated facility and the benefit is both quantifiable and material. The quantifiable benefit is shown as both incoming and expended resources within the appropriate funds. Where the gift is an asset it is treated as income and taken to stock or fixed assets as appropriate. The value of services provided by volunteers is not quantified.

Investment income is included when receivable.

Other income. This is contributions from restricted funds towards core costs of the organisation. An unrestricted designated fund is to be used to hold all such contributions prior to them being expended.

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

Tangible fixed assets are included in the balance sheet at historic cost less accumulated depreciation. Grant receipts which fund fixed asset acquisitions are taken to restricted funds and the appropriate depreciation charge is made against those funds over the expected useful life of the asset.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from tax on its charitable activities.

continued...

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

Pension costs are contributions made by the charitable company to both employees own personal pension schemes together with contributions made to the employees government work place pension scheme.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

Going concern

The trustees believe that the organisation's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the organisation's needs and that no material uncertainty exists. See Note 21 for further information.

2. DONATIONS AND LEGACIES

3.

Donations Service Level Agreement INCOME FROM CHARITABLE ACTIVITIES Activity Grants Youth Club Shop income Youth Club Rental income Youth Club Door entry income Youth Club Meal on Wheels Youth Club Grants received, included in the above, are as follows: Big Lottery Garfield Weston Carried forward		2021 £ 67,621 30,000 97,621 2021 £ 264,401 - - 1,578 31,850 297,829 2021 £ 79,080 30,000 109,080		2020 £ 24,456 15,000 39,456 2020 £ 536,169 456 150 - 52,979	2020 £ 24,456 15,000
					39,456
				589,754
				2020 £ 157,407 -
				157,407

Page 15

continued...

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

3. INCOME FROM CHARITABLE ACTIVITIES - continued

INCOME FROM CHARITABLE ACTIVITIES - continued
Brought forward Children In Need Peoples Health Trust VAMT Margaret Davies Charitable Fund Community Aid Foundation Gosling Foundation Moondance Foundation WCVA Health Board Transformation Western Power Martin Lewis Fund DM Thomas Foundation Community Foundation in Wales Legal and General The Albert Hunt Trust The Newbury Trust Clothworkers Foundation The Bernard and Sunley Foundation Helping Hands Project Youth Led Grant Miscellaneous Grants VSEF Small Grants Comic Relief VSEF Grant VSRF Small Grant Merthyr Tydfil County Borough Council Youth Support Fund Transport for Wales Money Heros Co-op ASDA Cymryd Rhan Merthyr Valleys Task Force RCTCBC Tesco (Groundworks)	2021 £ 109,080 9,342 2,394 35,540 - - - - 47,418 - - - - - - - - - - - - 10,050 - - - 24,314 2,000 2,000 1,000 2,401 800 1,500 13,716 1,846 1,000 264,401	2020 £ 157,407 13,545 16,816 15,300 2,000 9,500 5,000 39,840 98,287 7,061 2,200 10,000 1,000 24,000 3,000 3,000 3,000 5,000 5,000 40,000 2,400 15,050 3,000 1,500 53,263 - - - - - - - - - -
		536,169

Page 16

continued...

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

4. CHARITABLE ACTIVITIES COSTS

	Direct	Support
	Costs (see	costs (see
	note 5)	note 6)	Totals
	£	£	£
Youth Club	485,447	16,341	501,788

5. DIRECT COSTS OF CHARITABLE ACTIVITIES

Included within direct costs is a donation of £6,000 to Grub HUB Limited. Grub HUB Limited is a company limited by guarantee which is associated with Twyn Community HUB. The donation was to enable Grub HUB Limited to purchase a vehicle to carry on their activities.

6. SUPPORT COSTS

SUPPORT COSTS
Youth Club Governance:	Information Governance Finance technology costs £ £ £ 2,394 6,900 7,047	Totals £ 16,341
		£
Accountancy & independent examination fee		4,238
HR Management fees		2,809


		7,047

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.

Trustees' expenses

The trustees did not receive any emoluments; out of pocket expenses were reimbursed which were not in excess of £Nil (2020: £Nil).

8. STAFF COSTS

Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Average number of employees	2021 £ 186,914 2,692 189,606 2021 16	2020 £ 163,642 2,159
		165,801
		2020 12

No employees received emoluments in excess of £60,000.

There are no high paid staff.

continued...

Page 17

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

8. STAFF COSTS - continued

Included in the above is employers national insurance contributions amounting to £5,814.

The key management of the charity comprises the Directors/Trustees. The total benefits of the the key management personnel of the charity was £Nil (2020: £Nil).

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 24,455 Charitable activities Youth Club 110,676 Other income 3,910 Total 139,041 EXPENDITURE ON Charitable activities Youth Club 87,527 NET INCOME 51,514 Transfers between funds (4,758) Net movement in funds 46,756 RECONCILIATION OF FUNDS Total funds brought forward (76) TOTAL FUNDS CARRIED FORWARD 46,680	Restricted funds £ 15,001 479,078 - 494,079 355,857 138,222 4,758 142,980 6,500 149,480	Total funds £ 39,456 589,754 3,910
		633,120
		443,384
		189,736 -
		189,736 6,424
		196,160

10. INDEPENDENT EXAMINER'S REMUNERATION

The Independent Examiner’s remuneration constituted an independent examiners fee of £4,238 (2020: £2,400).

continued...

Page 18

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

11. TANGIBLE FIXED ASSETS

Improvements
to
Plant and
property
machinery
£
£
COST
At 1 January 2021
27,574
33,357
Additions
-
16,446
Disposals
-
-
At 31 December 2021
27,574
49,803
DEPRECIATION
At 1 January 2021
1,103
8,339
Charge for year
1,103
10,366
Eliminated on disposal
-
-
At 31 December 2021
2,206
18,705
NET BOOK VALUE
At 31 December 2021
25,368
31,098
At 31 December 2020
26,471
25,018
12.
STOCKS
Stocks
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors

Motor
vehicles
Totals
£
£
41,670
102,601
-
16,446
(6,500)
(6,500)
35,170
112,547
10,418
19,860
6,594
18,063
(1,625)
(1,625)
15,387
36,298
19,783
76,249
31,252
82,741
2021
2020
£
£
6,500
7,000
2021
2020
£
£
22,266
2,641
-
7,750
22,266
10,391

continued...

Page 19

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors Social security and other taxes Other creditors Pension Creditor Deferred income Accrued expenses Credit card		2021 £ 1,996 7,742 - 962 - 5,245 586 16,531		2020 £ 7,780 4,738 1 559 20,733 1,007 3,905 38,723
Deferred income	Year to 31/12/21		Year to 31/12/20
	£		£
Opening Balance	20,733		33,415
Movement in the period	(20,733)		(12,682)

Deferred income carried forward	-		20,733

Deferred income represents income received from contributing agencies where the contribution was restricted to a fixed time period project which extends beyond the current financial year. Income is deferred on the basis that the contribution was to the project as a whole, the time period of the project was fully disclosed to the contributing agencies and that time period is certain.

The deferred income carried forward is analysed as follows:

	Year to 31/12/21	Year to 31/12/20
Big Lottery ABCD	-	19,775
Peoples Health Trust	-	-
Margaret Davies (donation)	-	-
MTCBC SLA	-	958
Big Lottery Eco Garden	-	-

	-	20,733

continued...

Page 20

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2021 2020 £ £ Other loans (see note 16) 15,752 12,602 16. LOANS An analysis of the maturity of loans is given below: 2021 2020 £ £ Amounts falling due in more than five years: Repayable by instalments: WCVA Resilience loan 15,752 12,602 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS Year to Period to Unrestricted Restricted 31/12/2021 31/12/2020 Funds Funds Total Funds Total Funds £ £ £ £ Fixed Assets 16,750 59,499 76,249 82,742 Net Current Assets 19,070 13,352 32,422 113,418 35,820 72,851 108,671 196,160	15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2021 2020 £ £ Other loans (see note 16) 15,752 12,602 16. LOANS An analysis of the maturity of loans is given below: 2021 2020 £ £ Amounts falling due in more than five years: Repayable by instalments: WCVA Resilience loan 15,752 12,602 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS Year to Period to Unrestricted Restricted 31/12/2021 31/12/2020 Funds Funds Total Funds Total Funds £ £ £ £ Fixed Assets 16,750 59,499 76,249 82,742 Net Current Assets 19,070 13,352 32,422 113,418 35,820 72,851 108,671 196,160	15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2021 2020 £ £ Other loans (see note 16) 15,752 12,602 16. LOANS An analysis of the maturity of loans is given below: 2021 2020 £ £ Amounts falling due in more than five years: Repayable by instalments: WCVA Resilience loan 15,752 12,602 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS Year to Period to Unrestricted Restricted 31/12/2021 31/12/2020 Funds Funds Total Funds Total Funds £ £ £ £ Fixed Assets 16,750 59,499 76,249 82,742 Net Current Assets 19,070 13,352 32,422 113,418 35,820 72,851 108,671 196,160	2021 £ 15,752 2021 £ 15,752
Unrestricted	Restricted	Year to 31/12/2021	Period to 31/12/2020
Funds	Funds	Total Funds	Total Funds
£	£	£	£
16,750	59,499	76,249	82,742
19,070	13,352	32,422	113,418


35,820	72,851	108,671	196,160

continued...

Page 21

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS

Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Children in Need MTCBC - SLA Peoples Health Trust - Young Peoples Project Big Lottery ABCD Lottery Eco Project Margaret Davies Charitable Fund Peoples Health Trust 8515 - Community Project Voluntary Action Merthyr Tydfil Covid19 Lottery Covid 19 Top Up Grant Lottery Minibus Children in Need Top Up WCVA Recovery Fund Reboot, Rebalance, Refresh (VAMT) Helping Hearts Project Youth Led Grant WCVA Third Sector Resilience VAMT Dementia Grant Restricted Fixed Assets Fund All Wales Play MTCBC Summer Project Transport for Wales Children In Need 2021 Money Heros Magic Little Stars Coop local Community Grant Food Poverty Grant Your Way 2022 Winter Pressures Fund (VAMT) Wellbeing for Staff Fund Loneliness and Isolation Grant Groundworks Childcare Incentive Grant Mega Stars TOTAL FUNDS	At 1/1/21 £ 42,071 4,608 46,679 2,676 - - 5,559 736 954 1,550 4,030 1,558 2,245 1,037 1,741 8,694 1,549 2,199 33,096 3,723 78,134 - - - - - - - - - - - - - - - 149,481 196,160	Net movement in funds £ (3,321) (192) (3,513) (2,676) (389) (1,550) (5,579) (735) (704) - (7,286) - (4,995) (1,037) (1,717) (8,694) (1,528) (2,199) (36,246) (4,928) (13,760) 51 1 1,140 1,340 (788) 246 (14) 150 207 200 1,286 2,228 1,000 1,000 2,000 (83,976) (87,489)	Transfers between funds £ (19,680) 12,334 (7,346) - 389 1,550 20 (1) - - 3,256 - 2,750 - (24) - (21) - 3,150 1,205 (4,875) (51) (1) - - 788 (246) 14 (150) (207) (200) - - - - - 7,346 -	At 31/12/21 £ 19,070 16,750
				35,820 - - - - - 250 1,550 - 1,558 - - - - - - - - 59,499 - - 1,140 1,340 - - - - - - 1,286 2,228 1,000 1,000 2,000
				72,851
				108,671

continued...

Page 22

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS - continued

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

Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Children in Need MTCBC - SLA Peoples Health Trust - Young Peoples Project Big Lottery ABCD Lottery Eco Project Margaret Davies Charitable Fund Voluntary Action Merthyr Tydfil Covid19 Lottery Minibus Children in Need Top Up WCVA Recovery Fund Reboot, Rebalance, Refresh (VAMT) Helping Hearts Project Youth Led Grant WCVA Third Sector Resilience VAMT Dementia Grant Restricted Fixed Assets Fund Merthyr Valleys Task Force Grant All Wales Play MTCBC Summer Project Ffos y Fran Youth Cymru Transport for Wales Children In Need 2021 Money Heros Easter Half Term Event Magic Little Stars Coop local Community Grant Asda Bring Communities Back Together Food Poverty Grant Your Way 2022 Winter Pressures Fund (VAMT) Wellbeing for Staff Fund Loneliness and Isolation Grant Groundworks Childcare Incentive Grant Mega Stars TOTAL FUNDS	Incoming resources £ 163,449 - 163,449 - 30,001 2,394 79,080 - - 28,812 - - 37,967 - - - 9,451 - - 13,716 8,396 5,410 1,500 2,000 1,999 9,342 1,000 1,000 500 1,901 800 3,007 1,846 3,000 1,500 2,228 1,000 1,000 2,000 250,850 414,299	Resources Movement expended in funds £ £ (166,770) (3,321) (192) (192) (166,962) (3,513) (2,676) (2,676) (30,390) (389) (3,944) (1,550) (84,659) (5,579) (735) (735) (704) (704) (36,098) (7,286) (4,995) (4,995) (1,037) (1,037) (39,684) (1,717) (8,694) (8,694) (1,528) (1,528) (2,199) (2,199) (45,697) (36,246) (4,928) (4,928) (13,760) (13,760) (13,716) - (8,345) 51 (5,409) 1 (1,500) - (2,000) - (859) 1,140 (8,002) 1,340 (1,788) (788) (1,000) - (254) 246 (1,915) (14) (800) - (2,857) 150 (1,639) 207 (2,800) 200 (214) 1,286 - 2,228 - 1,000 - 1,000 - 2,000 (334,826) (83,976) (501,788) (87,489)

continued...

Page 23

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Children in Need MTCBC - SLA Peoples Health Trust - Young Peoples Project Big Lottery ABCD Lottery Eco Project Margaret Davies Charitable Fund Peoples Health Trust 8515 - Community Project Community Aid Foundation Voluntary Action Merthyr Tydfil Covid19 Lottery Covid 19 Top Up Grant WCVA Covid 19 Health Board Transformation Martin Lewis Fund The Albert Hunt Trust Lottery Minibus Newbury Trust Clothworkers Foundation Lottery Summer Project Children in Need Top Up The Bernard and Sunley Foundation WCVA Recovery Fund Reboot, Rebalance, Refresh (VAMT) Recover Respond (Community Foundation in Wales) Helping Hearts Project Youth Led Grant WCVA Third Sector Resilience VAMT Dementia Grant Restricted Fixed Assets Fund TOTAL FUNDS	At 1/1/20 £ (76) - (76) 1,200 - - 5,300 - - - - - - - - - - - - - - - - - - - - - - - - 6,500 6,424	Net movement in funds £ 51,705 (192) 51,513 1,476 (4,517) 71 9,082 736 1,155 1,550 6,379 4,030 3,558 (2) 4,561 10,000 1,000 37,415 2,000 5,000 1,151 3,037 5,000 12,444 10,194 2,004 1,549 2,199 33,096 3,723 (19,668) 138,223 189,736	Transfers between funds £ (9,558) 4,800 (4,758) - 4,517 (71) (8,823) - (201) - (6,379) - (2,000) 2 (4,561) (10,000) (1,000) (35,170) (2,000) (5,000) (1,151) (2,000) (5,000) (10,703) (1,500) (2,004) - - - - 97,802 4,758 -	At 31/12/20 £ 42,071 4,608
				46,679 2,676 - - 5,559 736 954 1,550 - 4,030 1,558 - - - - 2,245 - - - 1,037 - 1,741 8,694 - 1,549 2,199 33,096 3,723 78,134
				149,481
				196,160

continued...

Page 24

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS - continued

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

Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Children in Need MTCBC - SLA Peoples Health Trust - Young Peoples Project Big Lottery ABCD Lottery Eco Project Margaret Davies Charitable Fund Peoples Health Trust 8515 - Community Project Community Aid Foundation Gosling Foundation Voluntary Action Merthyr Tydfil Covid19 Lottery Covid 19 Top Up Grant WCVA Covid 19 Health Board Transformation Martin Lewis Fund DM Thomas Foundation - Les Mills Community Foundation in Wales Fund Legal and General The Albert Hunt Trust Lottery Minibus Newbury Trust Clothworkers Foundation Lottery Summer Project Children in Need Top Up The Bernard and Sunley Foundation WCVA Recovery Fund Reboot, Rebalance, Refresh (VAMT) Recover Respond (Community Foundation in Wales) Helping Hearts Project Youth Led Grant WCVA Third Sector Resilience VAMT Dementia Grant Restricted Fixed Assets Fund TOTAL FUNDS	Incoming resources £ 139,040 - 139,040 8,546 15,001 8,437 75,734 10,282 2,000 8,379 9,500 5,000 9,800 21,378 60,482 7,061 10,000 1,000 4,000 3,000 3,000 45,000 3,000 5,000 5,013 5,000 5,000 53,262 4,999 20,000 40,000 2,400 37,806 5,000 - 494,080 633,120	Resources Movement expended in funds £ £ (87,335) 51,705 (192) (192) (87,527) 51,513 (7,070) 1,476 (19,518) (4,517) (8,366) 71 (66,652) 9,082 (9,546) 736 (845) 1,155 (6,829) 1,550 (3,121) 6,379 (5,000) - (5,770) 4,030 (17,820) 3,558 (60,484) (2) (2,500) 4,561 - 10,000 (1,000) - (4,000) - (3,000) - (2,000) 1,000 (7,585) 37,415 (1,000) 2,000 - 5,000 (3,862) 1,151 (1,963) 3,037 - 5,000 (40,818) 12,444 5,195 10,194 (17,996) 2,004 (38,451) 1,549 (201) 2,199 (4,710) 33,096 (1,277) 3,723 (19,668) (19,668) (355,857) 138,223 (443,384) 189,736

Page 25

continued...

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Children in Need MTCBC - SLA Peoples Health Trust - Young Peoples Project Big Lottery ABCD Lottery Eco Project Margaret Davies Charitable Fund Peoples Health Trust 8515 - Community Project Community Aid Foundation Voluntary Action Merthyr Tydfil Covid19 Lottery Covid 19 Top Up Grant WCVA Covid 19 Health Board Transformation Martin Lewis Fund The Albert Hunt Trust Lottery Minibus Newbury Trust Clothworkers Foundation Lottery Summer Project Children in Need Top Up The Bernard and Sunley Foundation WCVA Recovery Fund Reboot, Rebalance, Refresh (VAMT) Recover Respond (Community Foundation in Wales) Helping Hearts Project WCVA Third Sector Resilience VAMT Dementia Grant Restricted Fixed Assets Fund All Wales Play MTCBC Summer Project Transport for Wales Children In Need 2021 Money Heros Magic Little Stars Coop local Community Grant Food Poverty Grant Your Way 2022 Winter Pressures Fund (VAMT) Wellbeing for Staff Fund Loneliness and Isolation Grant Groundworks	At 1/1/20 £ (76) - (76) 1,200 - - 5,300 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Net movement in funds £ 48,384 (384) 48,000 (1,200) (4,906) (1,479) 3,503 1 451 1,550 6,379 (3,256) 3,558 (2) 4,561 10,000 1,000 32,420 2,000 5,000 1,151 2,000 5,000 10,727 1,500 2,004 21 (3,150) (1,205) (33,428) 51 1 1,140 1,340 (788) 246 (14) 150 207 200 1,286 2,228 1,000	Transfers between funds £ (29,238) 17,134 (12,104) - 4,906 1,479 (8,803) (1) (201) - (6,379) 3,256 (2,000) 2 (4,561) (10,000) (1,000) (32,420) (2,000) (5,000) (1,151) (2,000) (5,000) (10,727) (1,500) (2,004) (21) 3,150 1,205 92,927 (51) (1) - - 788 (246) 14 (150) (207) (200) - - -	At 31/12/21 £ 19,070 16,750
				35,820 - - - - - 250 1,550 - - 1,558 - - - - - - - - - - - - - - - - 59,499 - - 1,140 1,340 - - - - - - 1,286 2,228 1,000

Page 26

continued...

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS - continued Childcare Incentive Grant Mega Stars TOTAL FUNDS	- - 6,500 6,424	1,000 2,000 54,247 102,247	- - 12,104 -	1,000 2,000
				72,851
				108,671

continued...

Page 27

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. 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 Youth Club Fund Designated Fixed Assets Restricted funds Children in Need MTCBC - SLA Peoples Health Trust - Young Peoples Project Big Lottery ABCD Lottery Eco Project Margaret Davies Charitable Fund Peoples Health Trust 8515 - Community Project Community Aid Foundation Gosling Foundation Voluntary Action Merthyr Tydfil Covid19 Lottery Covid 19 Top Up Grant WCVA Covid 19 Health Board Transformation Martin Lewis Fund DM Thomas Foundation - Les Mills Community Foundation in Wales Fund Legal and General The Albert Hunt Trust Lottery Minibus Newbury Trust Clothworkers Foundation Lottery Summer Project Children in Need Top Up The Bernard and Sunley Foundation WCVA Recovery Fund Reboot, Rebalance, Refresh (VAMT) Recover Respond (Community Foundation in Wales) Helping Hearts Project Youth Led Grant WCVA Third Sector Resilience VAMT Dementia Grant Restricted Fixed Assets Fund Merthyr Valleys Task Force Grant All Wales Play MTCBC Summer Project Ffos y Fran Youth Cymru Transport for Wales Children In Need 2021 Money Heros	Incoming resources £ 302,489 - 302,489 8,546 45,002 10,831 154,814 10,282 2,000 8,379 9,500 5,000 38,612 21,378 60,482 7,061 10,000 1,000 4,000 3,000 3,000 45,000 3,000 5,000 5,013 5,000 5,000 91,229 4,999 20,000 40,000 2,400 47,257 5,000 - 13,716 8,396 5,410 1,500 2,000 1,999 9,342 1,000	Resources Movement expended in funds £ £ (254,105) 48,384 (384) (384) (254,489) 48,000 (9,746) (1,200) (49,908) (4,906) (12,310) (1,479) (151,311) 3,503 (10,281) 1 (1,549) 451 (6,829) 1,550 (3,121) 6,379 (5,000) - (41,868) (3,256) (17,820) 3,558 (60,484) (2) (2,500) 4,561 - 10,000 (1,000) - (4,000) - (3,000) - (2,000) 1,000 (12,580) 32,420 (1,000) 2,000 - 5,000 (3,862) 1,151 (3,000) 2,000 - 5,000 (80,502) 10,727 (3,499) 1,500 (17,996) 2,004 (39,979) 21 (2,400) - (50,407) (3,150) (6,205) (1,205) (33,428) (33,428) (13,716) - (8,345) 51 (5,409) 1 (1,500) - (2,000) - (859) 1,140 (8,002) 1,340 (1,788) (788)

continued...

Page 28

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS - continued Easter Half Term Event 1,000 Magic Little Stars 500 Coop local Community Grant 1,901 Asda Bring Communities Back Together 800 Food Poverty Grant 3,007 Your Way 2022 1,846 Winter Pressures Fund (VAMT) 3,000 Wellbeing for Staff Fund 1,500 Loneliness and Isolation Grant 2,228 Groundworks 1,000 Childcare Incentive Grant 1,000 Mega Stars 2,000 744,930 TOTAL FUNDS 1,047,419	(1,000) (254) (1,915) (800) (2,857) (1,639) (2,800) (214) - - - - (690,683) (945,172)	- 246 (14) - 150 207 200 1,286 2,228 1,000 1,000 2,000 54,247 102,247

Activities undertaken with each major fund

The restricted funds of the charity have been applied during the year or are held for future expenditure in the following areas:

BBC Children in Need

Three year funding (June 2018 - May 2021) for staffing, activities and contribution to running costs grant funding for toddlers aged under 5 years to encourage and support social and learning skills development in children under 5 through a range of activities including a new messy play session.

MTCBC - SLA

Big Lottery ABCD

People Health Trust - Young Peoples Project (8510)

This is a 2 year project. This fund supports work with young people in the immediate neighbourhood to reduce isolation, and the impact of low income by facilitating the development of projects and activities based on their interests and skills; encourage intergenerational projects and activities.

People Health Trust - Community Project (8515)

This is a 2 year project. This fund supports work with all sections of the community, especially older people in the immediate neighbourhood to reduce isolation, and the impact of low income by facilitating the development of projects and activities based on their interests and skills; encourage intergenerational projects and activities.

Lottery Eco Project

Margaret Davies Charitable Fund

continued...

Page 29

TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS - continued

This funding supported our children in need and young people programme providing resources for sustainable play.

VAMT Covid 19

VAMT supported our covid recovery roadmap through supporting extra staffing hours and utilities for our building to enable our charity to be stable to carry on through such uncertain financial times.

Lottery Covid 19 Top Up Grant

Our original lottery project was reviewed and topped up to match extra need hours and volunteer costs throughout the pandemic.

Lottery Minibus

Due to the increased capacity for our emergency covid response to cover more areas and people the lottery funded us to obtain a fully adapted minibus to utilise to break mobility barriers for our community members, to deliver food more efficiently and to use long into the recovery stage.

Newbury Trust

Core cost contribution.

Clothworkers Foundation

The grant was awarded to help you adapt your services in response to COVID-19.

Lottery Summer Project

This was a half term activity funded programme for our young people facilitating free open access sessions.

Children in Need Top Up

This top up supported our original children in need project supporting children ages 0-5 and increased our capacity for staff to work more hours ensuring that all needs were met and that we had enough staff to take on any new referrals.

WCVA Recovery Fund

Staffing and wellbeing co-ordinator funded for the running of our daily hot meal service.

Legal and General

To supply Ipads and digital training to our community to bridge the digital gap that has decreased those without the right equipment and software to obtain food and essential services during the pandemic.

Reboot, Rebalance, Refresh (VAMT)

Exercise and food behaviour workshops funded for 6 months.

Recover Respond (Community Foundation in Wales)

Staffing costs to allow small sessions to go ahead with extra staff needed to manage flow and PPE requirements.

Helping Hearts Project

Facilitation of a wellbeing coordinator and dementia champion to support the NHS in taking community referrals and providing individual care plans to alleviate the pressure on the NHS.

Youth Led Grant

This grant supported our young people to produce artwork as a way of self- expression for the community to see and relate to this was a mental health project with art displayed at our hub.

WCVA Third Sector Resilience

This was a gardening and cooking project which allowed rules to be complied with while still meeting peoples needs such as providing hanging basket and gardening workshops.

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

18. MOVEMENT IN FUNDS - continued

VAMT Dementia Grant

The dementia grant funded therapy tools such as memory boards, dementia friendly life like cats, dolls etc and staffing to facilitate a lending group.

Restricted Fixed Assets

Restricted Fixed Asset fund represents the amounts set aside to write down the remaining net book value of fixed assets held against restricted funds.

BBC Children in Need 2021

Merthyr Tydfil Task Force Grant

This fund is to support, develop and maintain the provision of eco-therapy/well-being activities to people across the south Wales valleys to improve their well-being whilst connecting to local natural heritage as a long-term goal.

Other Restricted Grants

The outcomes of other restricted grants are noted in the Trustee Report from page 2.

19. RELATED PARTY DISCLOSURES

The Trustee, Mr Callum Palmer and Twyn Community HUB, are also the directors of Grub Hub Merthyr Tydfil Limited. During the year, the following transactions were made:

Nature of transaction	£
Payment of a donation to Grub Hub	6,000
Proceeds received from sale of motor vehicle to Grub Hub	6,000
Costs paid on behalf of Grub HUB Limited	1,405

20. ULTIMATE CONTROLLING PARTY

The Charity is controlled by its Trustees.

21. GIFTS IN KIND

The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them.

The number of hours contributed by volunteers in the year was approximately 15,000 (2020: 20,000).

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TWYN COMMUNITY HUB (PREVIOUSLY KNOWN AS TWYN ACTION GROUP YOUTH CLUB)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

22. GOING CONCERN

The financial statements have been prepared on a going concern basis. Activities of the charity post 31st December 2021 are subject to additional funding being obtained, but the Trustees are confident this will be received.

The trustees therefore believe that the organisation's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the organisation's needs and that no material uncertainty exists.

23. ANALYSIS OF DESIGNATED FUNDS

Designated funds represents the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.

	2021	2020
	£	£
Unamortised fixed assets	16,750	4,608

Designated funds	16,750	4,608

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