**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.
Page 1
## **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**
Page 2
## **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**
Page 3
## **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.
Page 4
**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.
Page 5
## **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|
Page 6
**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
Page 7
## **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
Page 8
## **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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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
Page 9
## **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
Page 10
## **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
Page 11
## **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
Page 12
## **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|
|---|---|---|
2. **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
Page 13
**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...
Page 14
**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|**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|2021
£
15,752
2021
£
15,752|2020
£
12,602
2020
£
12,602|
|---|---|---|---|---|---|---|
||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**
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.
## **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.
## **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**
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 polytunnel which is safe and accessible, fruit cages and planting areas for community open access.
## **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.
continued...
Page 30
**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**
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.
## **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).
continued...
Page 31
**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|
||||
||||
||||
Page 32