**CHARITY NUMBER: 1161861** ## **CLUB 707** ## **CHARITABLE INCORPORATED ORGANISATION (CIO)** ## **UNAUDITED ANNUAL REPORT AND ACCOUNTS** **FOR THE YEAR ENDED 31 DECEMBER 2024** ## **CONTENTS** ||**PAGE**| |---|---| |Charity information|2| |Trustees Report|3 - 7| |Independent Examiner’s Report|8| |Statement of Financial Activities|9| |Balance Sheet|10| |Notes to the Financial Statements|11 - 15| 1 ## **CHARITABLE INCORPORATED ORGANISATION (CIO) INFORMATION:** Charity Name: Club 707 CIO Working Names: Club 707 Registered Number: Charity Number: 1161861 Registered Office: 30 Bryngwyn Caerphilly CF83 1ET Website Address: club707.co.uk Trustees: Mrs. A. Godfrey (Chairperson) appointed 04/05/15 Mrs. M. Medlow appointed 04/05/15 Mrs. M. Thomas appointed 04/05/15 Mr. P. Tyler (Treasurer) appointed 04/05/15 Independent Examiners: Mr Nick Davis MBA, BA, ACA 33, Ty Draw Road, Cardiff, CF23 5HB Bankers: National Westminster Bank plc 19 Cardiff Road Caerphilly CF83 1WF 2 ## **CLUB 707 CIO** ## **Report of the Trustees For the Year to 31 December 2024** The trustees are pleased to present their report together with the financial statements of the CIO for the year ended 31 December 2024 ## **Reference and administrative details** Charity number 1161861 Charity address 30 Bryngwyn, Caerphilly, CF83 1ET CIO Trustees Mrs. A. Godfrey (Chairperson) Mrs. M. Medlow Mrs, M. Thomas Mr. P. Tyler (Treasurer) ## **Structure, Governance and Management** Club 707 is a charity established as a Charitable Incorporated Organisation and is governed by its governing document and constitution, which incorporates the Statement of Faith. The constitution was adopted on 4th May 2015. The CIO is a constituted Christian youth organisation. The trustee selection method is based upon their eligibility to be a trustee, their specific skill set, their passion to see young people strengthened in their Christian faith or introduced to the faith and their involvement in the local Christian youth environment. Married couples are not permitted to act as trustees of the CIO at the same time. Trustees remain in office until such time as they retire or are requested to stand down on the grounds of becoming ineligible. New trustees are provided all relevant information regarding the running of the CIO and the requirements of being CIO trustee, along with relevant booklets from the Charity Commission re becoming a trustee and being a CIO. ## **Objectives and Activities** The objects of the CIO are: For the public benefit, the advancement of the Christian faith, in accordance with the Statement of Faith, in Caerphilly and such other parts of the United Kingdom and the world as the charity trustees may from time to time decide. The main activities in relation to these objects are: Giving young people the opportunity to hear and understand the gospel of Jesus Christ as presented in and through the Christian faith, by offering a number of 3 presentations each year to local schools, which focus on the Christmas and Easter stories, plus a Transition lesson in the Summer term to help support the year 6 year group in their move to Secondary school. Provide help and support to local schools in developing and delivering their PSE programmes, through running school assemblies and specifically themed presentations at the classroom and year group levels. Working closely with pupils and their families to promote a sense of Wellbeing especially around Mental Health issues. Club 707 has used the expertise of the Kintsugi Hope programme and the Council Youth Service to inform and educate volunteers. Help support schools in their endeavour to improve literacy for those children who lack support at home and lag behind their peers. Volunteers sit and listen to pupils read books supplied by Club 707, which have been preapproved by the schools. Provide pastoral care into secondary schools through supporting children as they move from junior to secondary school and the regular running of lunch time clubs. To bring Christian young people together in environments which strengthen and build their faith across 2 different age groups. This is achieved through bringing different church-based youth and children’s groups together for regular organized events, meetings and activities, helping to foster a strong sense of Christian identity. Provide support for church based weekly youth groups for church/non-church youth, enabling them to have fun together, build relationships and learn about the Christian faith. ## **Achievements and Performance** The CIO’s main achievements this year have been: ## **Primary Schools**  The presentation of “Easter Cracked” in 5 local churches with 14 primary schools taking part with around 550 pupils attending. This programme is always a pleasure to deliver and the feedback from the schools was very positive. We added Trethomas Christian Fellowship as a venue this year as schools continue to find it difficult to fund buses.  June saw a team of Americans coming to Wales to help deliver a series of lessons to years 3 and 4. We delivered a 2 hour lesson based around the Olympics and exploring themes of working together in teams and pointed to the truth that God wants them to be part of His team. We went into 13 schools and talked to around 600 pupils. It was great to be able to re-establish our summer programme which we had previously been halted due to lack of staff.  “It’s Your Move” was delivered to 10 primary schools this year and staff/volunteers were able again to reassure the pupils that we would be on site in their new secondary school, if they needed support. Several young leaders were able to join us to give the pupils up to date information about life in our local secondary schools.  Our aim to start more assemblies had some success. We have an established team in the Aber valley serving 4 primary schools but other than that our aim to deliver assemblies to a wider number of schools continues to be a work in progress with time and staffing being the main restrictions.  The final presentation of the year covered the Christmas story, in an interactive presentation called “Christmas Wrapped Up” for year 2 pupils. This 4 was offered in 8 church locations around the town and17 primary schools took part, which meant around 600 children attended (including several with additional learning needs) and enjoyed the presentations whilst learning about what Christmas means.  The 1 to 1 Literacy project has continued to grow. We now place volunteers into 11 primary schools, who are very appreciative of the support they are receiving and have commented on how the students’ reading skills have improved. ## **Secondary schools** We have a good relationship with our 4 Secondary schools in Caerphilly and Bedwas. - Lunchtime Clubs (What’s Up Club) continue to be a good first contact point - for us. Numbers vary vastly from week to week but there is always good conversations and links made. The Bedwas churches have started a joint youth work based on their contact with the pupils at lunchtime. - Due to an increase in the number of primary schools doing Easter Cracked - this year, we were only able to offer 5 Easter lessons in St. Cenydd Secondary School. These lessons were entitled “24 Hours” and focused on what happened during the last 24 hours of Jesus’ life before He was crucified and around 125 young people took part. - Boost, which is an educational support programme for children who are - struggling with their GCSE’s. We have a group of experienced teachers who volunteer each week to run 2 sessions of academic support in 2 locations. Our GCSE and A Level group has a steady number of 4 to 5 pupils each week who greatly appreciate the support provided. All of the pupils achieved the grades that they needed to progress to the next stage of their education. Our year 7-9 group has poor attendance and we will look to relocate this in the New Year to see if there is a greater uptake. ## **Other Activities** The Friday night youth Club at Mt. Carmel continues to have around 15 young people each week. Most of the young people are growing in their faith, particularly in the area of prayer and we are hoping to run a Youth Alpha in the New Year. The 18-25 group is run at Bethel Penyrheol and can have up to 10 young adults exploring their faith together. Bant a Ni – We have run 6 of these events for families who have children with Additional Learning Needs, with the aim of providing support and encouragement, whilst putting Jesus on display in very practical ways. They have all been a pleasure to run with positive feedback from the families. Youth Gatherings – We have held several Joint Churches Youth Gatherings with 5 youth groups represented. These have provided young people with the opportunity to share their testimonies, explore their giftings and have a broader sense of Christian identity. We average 25 - 30 attending. ## **Volunteers** The number of volunteers has remained steady with some stepping down and new ones joining. As our volunteer base gets older there is a need to attract younger workers. 5 Two of our 18-25 group started to work as interns this September, which has worked out very well and their help is much appreciated. We are very grateful for the support of paid youth workers released by the churches to support our work. ## **Future Plans** Some of the key focus areas for 2025 are: - Co-ordinating the running of a Youth Alpha across the different churches in the town. - Reviewing our year 7-9 Boost session to possibly relocate. - Continue to work on developing a Joint Churches approach to delivering more school assemblies. - Broadening our pool of regular donors to enable us to broaden our reach and impact. As our ministry grows it is becoming increasingly important to explore more funding streams with the aim of appointing another worker. There are many possibilities to expand our work but more resources are needed. The CIO plans to continue developing its key programmes with schools and looking for ways of supporting local churches develop their youth programmes, with the aim of facilitating relationship building between existing youth club members with local church-based clubs. The trustees are always looking to forge potential new appropriate partnerships as they emerge, to broaden the CIO’s ministry offering and its reach. It is the trustee’s intention to spend focused time in 2025 strengthening our supporter base and investing resource in building relationships with grant-issuing organisations, with a view of strengthening our funding platform. ## **Financial Review** Donations totalling £28,445 were received during the year, compared to £43,987 in 2023. This decrease came mainly from no grants being received in the year compared to £13,648 in 2023. Income from Regular Church-based (£7,445) and personal (£14,750) support is slightly up on the previous year (+£724 in total), whilst Irregular Donations were £1,492 this year compared to £2,794 in 2023. It is encouraging to see more churches starting to financially support the ministry, following the stakeholder breakfast we convened and the Joint Summer Mission where churches saw first hand how connected Club 707 is with our local schools. Expenditure during the year totalled £35,327, which was slightly up on the previous year (£34,305) and focused on promoting Club 707’s objectives. Over 93% of expenditure relates to Staff Costs, represented by 1 full time Operations Manager and a part time (half a day per week) Welsh Language support co-ordinator. The result for the year was a net decrease in funds of £6,882, compared to a surplus of £9,682 in 2023, which was driven by the lack of grants received during the year. This does highlight our current dependency on external funding agencies to bridge the gap between our direct local supporter base and our overall cost base. Renewed focus on building our supporter based is needed during 2025 to help plug that gap and enable us to continue to deliver our vision. 6 ## **The CIO’s reserves policy:** It is the policy of the charity to try to hold unrestricted reserves, not designated for a specific use where possible, to enable a greater level of discretion for funding charitable activities. However, where donors give specific instructions for the use of their gift or where grants are received to fund specific projects, the charity will hold these donations as restricted funds. We do not have a minimum cash reserves target but aim to act cautiously and maintain a cash balance that would enable the CIO to at least cover any short-term liabilities, satisfy its statutory requirements in terms of its employment obligations and ensure that it can make a responsible and managed exit from its projects, should funding cease. With General Funds at £15,897 (December 2023: £12,178) this allows adequate resources to maintain the work of the charity over the foreseeable future. Following the decision of the trustees in 2020 to make Alyson Godfrey a full-time paid employee, we have been regularly reviewing our cash position to ensure our reserves are strong enough to meet our ongoing obligations. Alyson, is also the Chair of Trustees and consequently, is excluded from participating in any trustee decisions pertaining to her employment, as we ensure adherence to the Charity Commission’s code of best practice. ## **Declaration** The trustees declare that they have approved the trustees’ report above. Signed on behalf of the CIO’s trustees ## **PTyler** ……………………………………. Mr. P. Tyler 14[th] Oct 2025 Date: .................................................... 7 ## **INDEPENDENT EXAMINER’S REPORT ON THE UNAUDITED ACCOUNTS OF CLUB 707 CIO** I report on the accounts of the Charitable Incorporated Organisation for the year ended 31 December 2024 which are set out on pages 9 to 15. ## **Respective Responsibilities of Trustees and Examiner** The CIO’s trustees are responsible for the preparation of the accounts. The CIO’s trustees consider that an audit is not required for the year under section 144 of the Charities Act 2011 (The Charities Act) and that an independent examination is needed. It is my responsibility to: - Examine the accounts under section 145 of the Charities Act. - To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - - To state whether particular matters have come to my attention. ## **Basis of Independent Examiner’s Statement** My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below. ## **Independent Examiner’s Statement** In connection with our examination, no matter has come to my attention. 1. Which gives me reasonable cause to believe that in, any material respect, the requirements: - To keep accounting records in accordance with section 130 of the Charities Act; and - To prepare records with accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## NDavis ## 14/10/25 Mr Nick Davis MBA, BA, ACA 33, Ty Draw Road, Cardiff, CF23 5HB 8 CLUB 707 CIO Statement of Financial Activities Includin Income and Ex For the Year Ended 31 December 2024 enditure Account 2024 Total Funds 2023 Total Funds Notss Rostrlctèd Unr8strlct8d Funds Funds Income From- Donatlons and Legaclos o.oo 28,445.31 28,445.31 43,986.73 Othor Incom8 0.00 0.00 0.00 0.00 Total Incomo 0.00 28,445.31 28,445.31 43,986.73 Expenditure on.. Charltablg Actlvltlos 10,600.48 24,726.63 35,327.11 34,304.80 Total Expendlture 10,600.48 24,726.63 35,327.11 34,304.80 Net Income .10,600.48 3,718.68 .6,881.80 9.681.93 Nat Movemont In Funds B8foro Transfgrs -10,600.48 3,718.68 -6.881.80 9,681.93 Transfgrs bgtwggn Funds 0.00 0.00 0.00 0.00 Net Movement In Funds After Transfers .10.600.48 3,718.68 .6.881.80 9,681.93 Total Funds Brought Forward 10,600.48 12,178.45 22,778.93 13,097.00 Total Funds Cathed ForvJ7rd 10 0.00 15,897.13 15,897.13 22,778.93 CLUB 707 CIO Balance Sheet at 31 December 2024 2024 2023 Not8S Flxed Assets Tan8ible A55ets 0.00 0.00 Total FIx8d As58ts 0.00 0.00 Current As$8ts Cash at bank & in hand Debtors 15,503.97 1,792.51 17.296.48 20,733.80 3,419.25 24,153.05 Creditors". (amount5 falling due within one yearl -1.399.35 -1.374.12 Net Current Assets 15.897.13 22.778.93 Total Assots Lèss Curr•nt Llablltlès 15,897.13 22,778.93 Net Assets 15.897.13 22.778.93 Represented by: Restricted Funds Unrestricted Funds 0.00 15,897.13 10,600.48 12,178.45 Total Funds 15.897.13 22.778.93 The note5 on pages 10 to 14 fomi part of these accounts. Approved by the board of trustees and signed on their behalf by". PTyie Mr P. Tyler Mrs ￿ Godfrey 14th Oct 2025 Dato= 10 ## **CLUB 707 CIO** ## **Notes to the Accounts for the Year Ended 31 December 2024** ## **1.0 Basis of Preparation** ## **1.1 Basis of accounting** - These accounts have been prepared under the historic cost convention with items recognised at cost or transaction value otherwise stated in the relevant note(s) to the accounts. The accounts have been prepared in accordance with - The Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014, - and with the Charities Act 2011 These accounts have been prepared on a going concern basis which the trustees continue to believe is appropriate. ## **1.2 Change in basis of accounting** There has been no change to the accounting policies since last year. ## **1.3 Changes to previous accounts** No changes have been made to accounts for previous years ## **2.0 Accounting Policies** ## **2.1 Income** ## **Recognition of incoming resources** All Income is included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources - the trustees are virtually certain they will receive the resources; and - the monetary value can be measured with sufficient reliability. ## **Incoming resources with related expenditure** Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. ## **Grants** Grants are recognised as income when they are received provided conditions for receipt have been complied with, unless they relate to a specific future period in which case they are deferred. ## **Donated services and facilities** These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the services or facility received. ## **Volunteer Help** 11 The value of any volunteer help received is not included in the accounts but is described in the trustees’ annual report. ## **Investment Income** This is included in the accounts when receivable. ## **Notes to the Accounts for the Year Ended 31 December 2024** ## **2.2 Expenditure and Liabilities** **Liability recognition:** All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: **Raising Funds** represents expenditure incurred in motivating the individual supporters, trusts and other organisations to contribute to the work of the charity. **Charitable activities** represents those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those of an indirect nature necessary to support them. **Governance costs** represents those costs associated with meeting the constitutional and statutory requirements of the charity and include the costs of preparation and examination of statutory accounts and costs linked to the strategic management of the charity. All costs including support costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly; others are apportioned on the basis of an estimate of the proportion of time spent by staff on the activity. **Support costs** are those costs which do not in themselves constitute an activity; instead they enable output creating activities to be undertaken. This cost category includes the central or regional office functions such as general management, human resources and payroll administration, budgeting and accounting, and information technology. ## **2.3 Fund accounting** The charity maintains various types of funds as follows: **General unrestricted funds** represent income which can be used in accordance with the charitable objects at the discretion of the trustees. **Designated funds** represent income set aside by the trustees out of general unrestricted funds for specific future purposes or projects. **Restricted funds** represent income to be used in accordance with specific restrictions imposed by donors or which has been raised by the charity for particular purposes. ## **2.4 Fixed Assets and depreciation** 12 The threshold for capitalisation of assets is set at £1,000 per item. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: - IT Equipment 25% straight line basis - Fixtures, fitting and equipment 25% straight line basis ## **Notes to the Accounts for the Year Ended 31 December 2024** ## **2.5 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. ## **2.6 Cash and cash equivalents** Cash and cash equivalents in the balance sheet comprise cash at bank and in hand. 13 ## **Notes to the Accounts for the Year Ended 31 December 2024** 14 ## **Notes to the Accounts for the Year Ended 31 December 2024** 15 Movement In Funds Balance at 0110112024 178.45 Incoming Resources Outgoing Resources Transfers be￿een funds 8 445. 35327.11 10 600.48 24 726.63 Balance at 3111212024 .00 15 897.13 15 897.1 10.0 Analysls of Net Assets Between Funds Total Funds 2024 Total Funds 2023 Restricted Funds Genoral Funds Tangible Fixed Assets Current Assets Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 17,296.48 17,296.48 -1,399.35 -1,399.35 15,897.13 15,897.13 0.00 24,153.05 -1,374.12 22,778.93 16