2021-11-30-accounts

REGISTERED COMPANY NUMBER: 09010565 (England and Wal&4) REGISTERED CHARITY NUMBESL. 1161937 Report of the Trustees and Flnanciil Statemenls for the YeAr Ended 30 November 2021 for Splash Community Trn$t Ymddiriedolaeth Gymunedol Sbl8511 H8ines Watts Chester Limited Military.House 24 Castle Str¢et Chestrr Ch¢shir¢ CHI 2DS •AB8QPZIKS 0310912022 COMPANIES HOUSE A17

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Splash CO1￿MunItY Trust Yrnddiriedolaeth Cymuii¢dol Sbl8$b ConteTrl5 of the Finarttial Stiiements for the Ye&r Eud¢d 30 November 2021 Page Report of the Trustees I to 3 Report ol the ludepend¢nt Allditors Staternenl of Financial Activities Balance Shttt C8$h Flow Statemtnt Notes to the Cash Flow StstemeJ)t io Notes to thE Finantial Staternents 11 to 18 Detailed Ststernent of Finkneial Aetiyltles 19 to 20

Splash Community Trust Ymddirieilolaeth cy￿￿ned01 Sblash Report of the TriLStees for the Year Ended 30 November 2021 The trustees who are also directOTs of the charity for th¢ p￿ry)05c5 of the Companies Act 2006. present their JH)ort with th¢ financial statetnents of the ¢harity for ¢h¢ y¢ar ended 30 Nov¢mlxr 2021. The trustees h&ve Ddopted the provisions of Accounting and Reporting by Charitie5'. Ststerneijt of Recommcnded Ptaciice applic&ble io ¢har2ties pieparing their arxounts in &ccordance with ihe Financial R¢pO[tu￿ SrnTKlard applicable in the UK and Republic of IrelaTLd (FKS 102) {effeciiv£ l January 2019). OBJEcfivES Af4D AcfiviT]ES Aims & Objtctive5 of the Trust To provide ctstnmuntry aod re¢TeatioDal facilitie5 to the people of Wrexham County Borou£h and suttounding aiEas. To create a centre where people can me¢1 and develop the social envirorunenl and to ethance their physical and mental wellbeing. To offtr employmEfLt and vol￿teerIng DPF4lrtwikties to many local peopl4 maknng a vital eontributiOD to the local rllmynity, which includes area5 of depriv￿10￿. To cn5ure th&t th¢ l¢t5ure centre is mailliain￿ for th¢ t￿erIt of fvtute generations. Focus of oui. Ivork Our focus is not just to provide quality leisure aDd recreati¢)nal facilitie5. but also to move fortrd to become a strongei. coinmunity hub. In thi5 way we will also be abk to continue to worfrwith loul group5 and org8nÉ5atiOTL5 tts be inclusive. Public bentfit The Tn￿ confwm th¢y hjve CtiTried out the chartty's pwposes for the publi¢ benefil. M8jor funding We would like to place on record our appreciation of all the given to the Tn]st during the fthancial year, that of previou5 years and duriiig the Covid PaThdemi¢. this ongoitig suppjrthas beeji ¢wcial to the Trnst. P85r fiu)din8 received from the Welsh Gov¢mm¢nt to cover a pJY)8fdmme of e&sential wo￿, whi¢h was Completed in 2017118. has substantially improved the quality and enjoyinent oFihe facdities. Following a fiwther Collununity FacilitLes grant from Welsh Governmerht woik 1$ currently in progres$ to re￿rbish the pool changing rooms. As th¢re ate still major projects, tssential to our oTr80sn8 plans thal need to be progr¢5sed, we are aclively seekin8 an extension to our Ic3se and fvnding to rtfurbi5h OUT pool. We will ¢ontuiue to sthye to achieve our ortgoing program to llnprove ttLe Ccntre. TI￿ouBl)0ut the Pandemi¢ w¢ received Rcsilience Fw)ding from the W¢ith Govemmeth and benefited from the furlough schcrnc to en8ble us to retain otsr staff. both Schemes were a huge support. During die pandemi¢ the Trustees and ￿aff had to find 8lten)arive incorne streanLS which wert 'on¢-off' none recurring sources of Trt¢ome. This funduo was crucial dursng this difficulc period and included an insurdnce claiin Ie Ios5 of eainings, covid and siTr)il8r grants and our premises being used as a vaccination centre. T]se funds iotral £176.689 and shows in ihe none re¢urring incom¢ section of our a¢¢ounts (page 20) however it must be noted tliat these are one off Fdyrnents. In partDer5hip with the Lu81 HEalth Board, we are in the process of knnging forward a foc*1 project which will brin8 local residents together for a meal every week and will lead to education on food waste. nutrition and cooking cla5%5. WheLI we opened th¢ Centt'¢ we aquired o twenty year lease which 1$ reducing very quickly, our dis¢us%&on with WCBC to exteiid this to 8 long term lease are being [￿all$¢d and 8 report is du¢ to go to the WCBC Execu¢ive Board. The start of 2022 showed our positlOD hd ¢ontinued to 80 from strength to strengtl following (he COVID 19 pandemic some rebuilding had to bc done again but we came throllBh arbd I hov¢ every confidence that WSth our staff, the Boaid and volunteers. we will continut to succeed. l am gratefvl to everyone fvr their 5UPPDrt. ACHIEVEMEKf AND PERFORMANCE Fillajkces lii this year we consolidated <)ur position with a fitrther s￿￿luS of £194.195 (2ty20 a defi¢it of £126.639). FINANCIAL RCI VIEW Rtseryes policy Th¢ charitys aim is to hold r¢seryes at a mitjimum level suffLcient to cover 3 month5 Worth of workitig capital cosL Pa8e I

Splash Cornrnunity Trust Ymddiriedolacth GyJNunedol Sblash Report of the Trustees for the Ye•r Ended 30 Nov¢mber 2021 STRucfuRE, GOVERNANCE AND MANAGEMENT Goveriiing document Th¢ ¢h8rity is conirolled by its governin8 documenl. a deed of trust. and ¢onstitut&8 a limlted company. limited by guar8nteE. a8 d¢fu)ed by the Companies A¢t 2(K)6. Structure and gov¢rD#n¢e The director5 of the cornpgny Bre also eharity lrnstees. Under the wuirements of th¢ memornndum and ariicles of association. the members are ele¢ted 10 s¢rve for f4 pul￿4 of 3 years. after which they inusi be re-elecied at the next Annual GeneL71 MeeiiTr& All I￿￿te&s give their time vohmtatily and receive no benefits from the charity. Recrnitment and 8ppointmeDt of new trustees Th¢ d￿￿tor￿trUSte¢s ¢n5ure that the nEed5 of cotnfftunity Inist aTe met by the diveysiry of skills elected io the board. which we would like to see sttengihert. All ponii&l directors I t￿$[eeS must provide us with ¢vid¢Dv of iheir ski115 8Dd experience. Induction and training of new trLLStees All trustee5 ate encouraged to be activety ￿VOlVed wtth our WOTk and as pan of their induction e given the'Essential Trustees Guide, published by the ¢harities tommission. Risk managcment The dirttioT5 conduct a review of the major risks to whith the charity is exposed. This is reviewed and uwfa¢¢d on an ongoing basis. Systems and provdurc4 are establishcd, wher¢ pproprilfr. in order to mitigate potential risk. RecruItme￿t 2nd Appointment of trustees The dire¢iorsltrustees ensure that the needs of our COEnmurtity trt￿ a￿ mei by the diversty of skilis elected to the boaixl, whtch we woutd lik¢ to see strengthen. All poiential directors l trusree5 rn￿1 provi￿ us with evidence of ther skills and experi¢nce. Induelion and training of new trustees AII trustees are encoutaged EO be activety involved with our work 2tKI Is part of their itlduction att giyen the 'Essential Tr￿stetS Guide. published by IhE charitie5 commission. nF5k manggernent The directOTS conduct a review of th¢ major risks to which thc charity is exposed. Thi$ is reviewed ènd updated on an ongoÈn£ basis. Systems and Fyocedtsres ar¢ ¢stablithed.where apwJprial¢, in order to mitigate pofrntiBI risk. REFERENCE AND ADMINI￿RATIVE DrfAILS Registered Comp¥tny nurnber 09010565 (Englalld and Wales) RtgFster¢d Charity number 1161937 Registered offiee Pla5 Mado¢ Leiswe Centre Plas Madoc Acrefair Wi?xh&m LL14 3HL Trusie S Matthews (Chair of the board of Tn[st￿} J M Robert5 (S¢crecaiy) R Prescott (Trea511rer) Mts A Evans Ms A. E Parry D L Poole M I Roberts Mrs A M Siaff¢r Page 2

Spl4sh Community Trust Ymddiriedojaeth Gymunedol Sblas Repoi"¢ ofthe Trustees lor ¢ht Ye4r End¢d 30 November 2021 REFERENCE AND ADMINISTRATIVE DETAIIS Auditors Haines Watts Chester Limited Military Hou5C 24 Caslle Street Chester Cheshire CHI 2DS ST ATEMENT OF TRUSTEES, IIESPONSJBILETIES The trustees (who ate also the directo￿ of Spl&sh Community Tnst Ymddiriedola¢th Gyinunedol Sbl&sh foi th¢ purposes of ¢ompany law) a￿ r¢sponsible for preparing the Report of the Tn￿tee5 attd tjbe fmancial starements in cordance with appli¢able law and Uniied Kin8doTn A¢¢ouRtu￿ Stsndards (United Kin8dom Generally Accepted A¢¢ounting Prdctice). Company law iEqUTrcs the trustees to prerAre financial statements for each fiTrancial year which giVE a true and fair view of tlie stak of affaws of the charitable tompany and of the incomiTh8 resour¢es and application of irsourGes, iDGluding the income and expendits]re, of the charitable company for that period. In pr¢patxtiB ¢hos¢ fLnanCI￿ stsrements, the tNstees ftre required io select suitable a¢couDiing polictes and theD apply them consis(endr. observe the meihods and principles in the Charity SORP.. make judgements and estimates thai are reasonable and prndent; PLepare ihe fmancial Scaiemenis on the going con¢rtn basis unless it is inappropriate to Presu￿ that the charitsble company will coniinue in bu5ine5S. The kn'uslccs are resp)nsible for kecpiTh8 proper accountin8 rcconls whKh disclose with reasonable accuracy at any tim¢ Ihe financial position of the charitable company and to enable them tD ensure that the fio8rt¢ial statements comply with the Conipanies Act 2006. Thty are also responsible for safeguarding the 8&8ets of the charitable company aTLd hence for laking reasonable steps for the prevention and detection of fraud aThJ othEr irregularities. In so fir as the truste￿ are awaTe'. there is no teleYanta(]dit infomjacion of1￿]I(h the charitabl¢ companys auditot5 are uoawate,. and the trustees have iaken 211 step5 that they ought to have tsken to nkake themselv¢s aware of any relevant audit irtforn)aiion and to esthblith tha( the auditors are awar¢ of that iDfornRtion. AUDITORS The audiiors. Haines Watts Cl￿ Limited. will be proposed for r¢-&p￿IntmUlt at the forthcornrng Annu31 General MeetirLg. 2LI.tl.LL Approved by order of the board of trttstse5 Oll .......... . .... . .. . and sign¢d on its b¢half by.. 5(5(4 S Maiihews- T Page 3

Re￿rt of Ihe IDdependellt Auditors to the Members of Spl85h Community Trust Ymddiriedolaeth Cymunedol Sb14sh Opiiiion We Iiave audited th¢ fLll8ncial statements of Splash Community Tn￿t Ymddiriedolaeth Gymunedol Sbl&sh (the '¢karitable COrnpan￿ for the year ended 30 Novmiber 2021 which COTnpTise the Statement of Financial Activities. th¢ Bal￿]ce ShEet. the Cash Flow Ststement and note5 to the financial siatements. including a su]Tunary of signifi¢ant accounting poli¢ie5. The fm&n¢ial Tep)rting fra￿¢WOrk that has been applied in their preparation is applicable law and United KingdoFn Ac￿untIng Stsnthrds OJnit¢d Kingdoin GeDetally Attepka A¢eouniing Pracli¢¢). ollr opinion the fjnancial statements.. give a true and fatr view of Ihe state of the chatitable compan￿$ aff&irs as at 30 Nov¢mber 2021 aod OF it5 iftcornin8 resources and application of r¢source4 includin8 its incom¢ and expcndituie. for the ycar thei) ended" have been property prepared in accordance with Unitrd Kitlgdom G¢nerally Aceepted Accounttng PrEctice- and have been prepared in a¢cordaDce wiib ihe req￿￿e[￿ents of th¢ Companie5 Act2006. B¥s13 tor oplnlon We conducted our audi¢ in accordance wilh International StaThdards on Auditing IUK) (ISAS (UK)) and applicable jaw. Our i"¢$ponsibililies under those standard5 ar¢ fiuther deSCTibed in the Audito￿. rc5ponsibilities for tbe audit of the f￿ancial statements section of our report. We are independent of the chaTitsble company in accord￿¢¢ wtth the ethical requirements that arc televartt to audit of the financisl statements in the UK includtng the FRCS Ethical Standard. and we have fulfilled our other ethical T85pon5ibilities in a¢cordance with thes¢ requirements. W¢ believ¢ that th¢ audit evidence we hjve obtained is Sufficient 8nd appropriaie to provide a basi$ for our opinion. M&terial uncertsinty relating to gotng eothcern In 8vditing the finan¢i81 slatemenis, wc have concluded that the trugee¢ use ofihe goinE ¢on¢ern basi5 of ac¢ounring in the preparaiion of the fujancial staiem¢nls is appmpriate. Based on the WO￿ we have p¢rfomed. we have not ideniified any malerial uTh¢ertaintie5 relèting to events or conditions th8L individually or collectively, may signifi¢ani doubt on the charirabl¢ ¢ornpany's ability to coniinue &5 a going ¢on¢em for a period ofai l¢asi twelve months frorn when the financialstatemejits are authorised for issue. Our Tesponsibilities and the responsibiliti¢s of the trusiets Wlth re5pe¢t lo going concern are d¢scrsbed in th¢ relevant tions of this E¢POrt Other information The tsustees are responsible for the other information. The other information ¢ompri5Es the information inCh￿¢d in the Annual Report, other than the finan¢%al 5tatefflents and our Report of th¢ Independent Avditors tlicreon. Our opinion on the financial statements does not cover the other Inforn￿tion aThl. cxcept to the extent otherwise explicitly stated in our report, we do not express any foTm of assutaTL¢e ¢on¢lusioTh thrreon. In conn¢ction with our.avdit of the firhancial statements. Our JE5ponsibility is to read the other inforniation and. in doiTh8 so. ¢onsider whetl)er the oiher infoTmaiion 15 materialty inconsistent with the financial 5tratetnents or 0￿r knowledge obtained in the audit or otherwise appEar5 tv be materially missiated. If we identify su¢h material inconsisiencies or ppaTent matersal rnis5tatements, we are required io determine whether this gives rise to a material Inisst8temeTht in ihc fJm8nciAI statements them5elve5. If. ba5cd on the WOTk we have wfom)¢d. we conclude ihat there is a m8teYi81 misstatemefit of this oihtr informatioD, we are required to report that fact We hav¢ nothing to report in thi5 IEgard. Opinions on other matt¢rs prestribed by the Comp¥ni¢5 Att 2006 In oui. opinion, based on the work undertakell in the coutse of the audiL the information ￿Ven in th¢ Report of the Trustees for the fjtwicial year for which the fllwieial statements are prepared is consistent with ibe fmattcial siatemellts. and the Report oft￿¢ TnJste&s been prepared in 8ccoidaDtt with applicable legal requ1￿Ments. Page 4

Report of the IndepeJJdentAudhors to the Member5 of Spl&sh Cornmunity Trust Ymddlriedolaetb Gyfftuuedol SblR5h Matters on whith lye re required to report by exceptiou In the light of th¢ knowledge arld undewstandj.ng of Ihe charitable company and its ¢nvironmeni obtained in the course of the audi4 we have not identifieA4 m&l¢rial mi&statements in th¢ Report of the Trustees. We have nolhin8to rcport in res￿ of the followitL8 matteT5 where the CoDJpaLiiC5 Act2006 Tequires us to rEPDrt to you if, in tsupopinioi).. adequate accounting iEcords have ￿0t b¢en kept or rrtums adwuat¢ for ow audit have not been received from bTaTbch¢s not visited by us- or the fLn8ncial statements are not in agI￿rneDt with the accountthg record5 ￿Um5. or cerlain disclosures of trustees, rcmuneration specified by law #ie Dot made- or we have not received all the iRfoJ7rtation and explanatioDS we require for our audit- or . the trustees wcre nirt entitled to tske advantage of the smill compttThies exemption from the r4U1￿ment io pyepare ' Sttategic Report or in prep8rÉng the Report of the Tntsm. R&spottsibilities of trustees As explained more fully in the Statonent of Tn￿ee5, R¢5POJLsibilitie4 the trustets (who art also the directorn of the ch8r£table Company for the purposes of cOMp8￿Y 18w) ate responsible for th Ew)arntion of the f￿aTre1￿[ st8temuRts and for being satisfied that they 8tve a tsue aod fair vrew, and for sllch internal l as the trusttes deTrmiiDe i5 D¢ces5ary to enable the preparation olfin8ncial statenwits that are frct from Ma￿rEal tu5￿tatemen( whether due to fraud or entsr. In prepariug the financial ststements, the trustees are restb)nsible for assessing the ch￿l￿ble companls abilty to ontimue as a going conc¢rn, disclosiD& as appIl￿ble. matters related to going concern and usillg th¢ going concern basis of accouoting unless the truste&% either intend ro'liquidate the charitsble comp3Dy or to ¢eas¢ opeTation5. OT have no r¢alistic alternative but to do so. Oitr responsibilittes for the audit ortbe fin8ncial 5tate]Deryls Our ObJ￿(l¥e5 ale to obtsin reasoniblr a55unn¢e about whether the fioici31 statements as a WI￿1¢ are free from Mat￿.la1 mffi5Statemelll, whether due to fraud or eLTor. and to i55ue a Report of the Ind¢pendeAt Auditors that iDclud&s our opittion. Re8sonable assuranc¢ ys 8 high level of 2$5urance. but is not a guarantee that an 8udit conducted in accorda￿¥ with ISAS (UK) will alvdyS detect a material misstatemeDt when it exists. Mi&8tstements aris¢ from fraud or eiiDr and are considered material if, individually or in aggregate. they could rea%mably be expected to iotlu¢n¢e the economic decisions of users l¥Jten on the Ixsss of these financial siatemcots. The exteni to whicb our procedtsrts atc ¢apable of detKting itrtgularitie4 irKJydwg fraud is detailed below: Ettquiry of managemen¢ those etwrgod wiib governanrx around a¢wal and ￿tential litigation 8nd claims. Reviewing fin8ncial statement disclosures and t¢siin8 to supporting documentatton ￿ assess compltallce with applicable laws and regulation5. AuditlDg the risk of Enana8¢mtDt ov¢Jride of controls, includLn8 through tC5tsng Je￿￿]81 entries and othei. adjustments foi. appropTiat£ne55, and Gvaluating the business ralioffiale of SiBDificatti trartsactions outside the normal cow￿¢ of business. A fiuther de5crrptron of our rc5pon5ibiiities for the audit of thc fjnan¢ial statements is Iwted oth the Financtal Reportitig Council's website at ww.frC.O￿vklaudlt0rsrespOnSlbIJltle$. This description forn)s part of oui. Report of the tndependent Auditor5. Page S

Report of the Independent Auditors to lh¢ M¢rnbers or Spl#sh CoThmunity Trust Ymddiriedolaeth GyrnuJLedol Sbiash Usc of our riport This report )% made solely to the ¢haiitable comp8n￿5 members. a5 a body, in accordance with ChaptEr 3 of Part 16 of Ih¢ Companies Aci 2006. OUT audil work has been underidken so Ihai we mighi staic 10 Ihc charitablc cotnpany's emher5 Ih05e matie¥s wc are Tequircd 10 51aie 10 Ihcm in an audilOTS' report and for no oih¢r purposc. To ihe fvllest exienl pemii11ed by law. we do noi accepi or assume responsibilily lo anyone other ihao the charitable company atld the charitable companys members as a trM>dy. for our audii work. for thLS l¢POrt. or for the opjniorts we havc formed. Micharl Forshaw BA FCA (Senior Sralui¢)ry Audiior} roi" and on bcholf nf Flainc.s WaiLS Chcsl¢r Ljmii Military Hou5C 24 Casile Sfrecr Chcsier CheshiTe CH12DS Dare". Page 6

Spl¥b Communily Trust Ymddiriedolaeth Cyrnllnedol Sbl25h StatemElIt of Finaiicial Activities lor the Year Ended JO November 2021 30.11.21 TotBI fijnds 30.11.20 Total funds Unttstricled Restrict fur fvnds Notes INCOME AND ENDOWMENTS FROM Donations and lewdcie5 184.773 90.248 275,021 176.750 Other ¢haiitable &ctivtties 533,470 538.370 359,161 Total 718243 95.148 813.391 535,911 EXPENDRTURE OPI Raising fund5 51.979 1.51)0 53.479 59,604 Olher 492,676 90249 582,925 602,946 Total 544,655 91,749 636.404 662,550 LYET INCOMEI{EXPENDITURE) 173.588 3399 176,987 (126,639) RECONCILIATION OF FUNDS Tot8l fund$ brought forw8Td 69.375 24.000 93.375 220.014 TOTAL FUNDS CARRIED FORWARD 242.963 27,399 270.362 93.375 The forn! part of these fjnancial stat¢mc] Page 7

Splash Cornmunity Tryst Ymddiriedolaeth CymxDedol Sb125h Baiaiice Sheet 30 November 2021 30.11.21 Total fimds 30.11.20 Total fvn& Unrestricted Restrithd fund funds Noic5 FIXED ASSETS Tartgible asset$ 10 124.156 124.156 145.704 CURRENT ASSETS Stocks Debtors Cash at bank and rn hand 700 40,977 214,976 700 40,977 402.128 700 13,486 128,176 12 187,152 256,653 187.152 .443,805 142.362 CREDITORS Amounts falling due withtn one year 13 (76,935) (159.752) (236,687) (93,119) NET CURRENT ASSETS 179.718 27,400 207.118 49.243 TOTAL ASSETS LLSS CURRENT LIABILITIES 303,874 27.400 331.274 194,947 CREDrroRS Amounts falling due after than one year 14 (60.912> (60,912) 1101.572) NEIT ASSETS 242.962 27.400 270.362 93.375 FUNDS UruEstricted furlds Rvsty'icted fijnds 17 242,962 27.40D 69,375 24,000 TOTAL FUNI)S 270.362 93.375 These financial 5tateTnents have been prcpared in a¢cordarte with the provi5i0Th5 applicable to Ch￿1t￿ble companies subject to the small companies legime. The financial statemenrs were approved by the B0￿d of Trustees and authorised for issue on 2L I tI.L.L............. Ind were Si￿ed ott its behalf by. S Matthews. Tiust¢e The notes fomi part of these financial statements Pa8e 8

Splash Community Trn5t Ymddiriedokneth Gymunedol Sbl*sh C2511 Flow Statement for the Year Ended 30 NovernbEr 2021 30.11.21 30.11.20 Notes Cssh tlows from operating aetivities Cash generated from operdtions 327.551 (72,269) Net cash wvided byl[used in) operatingactiyities 327.551 (72.269) Cash Ilows from investing activities Purchase of ian8ible frAed asse (2.691) (58,587) Net cash used Élk investing 8¢iivities (2.691) {58,587) Cash flows from finan¢ing 8ctivitiÈS New loans in year Loan repaynents in y¢ar 96,697 (4.850) (50,908) Net rash (use<l inyprovided by financing activitics (50.908) 91.847 Change iii tash and cash eqiiivalents IN the reporting ptriod CAslI And Cash equivalent5 at the beginning of the r¢wJrtirtg period 273.952 (39,009) 128.176 167,185 Cash and tash equiv#lents at the end of the reporting period 402.128 128,176 The notes fom) part of these fmancial statements Page 9

Splash Communily Trust Ymddiriedolacth Gymunedol Sblash Nofe5 to the Cash Floiv Statement for the Year Elid￿ 30 Novernbcr 2021 RECONCILIATION OF NET INCOMEI(EXPENDfTuRE) TO NET CASH FLOW FROM OPERATING AcfIviTIES 30.11.21 30.11.20 Net in¢omel(expeiidittsr¢) for the reporiing period (as PEr the Statement of Finaocial Activities) Adjustment5 for- Depreciation chaL'8es (I￿reaStYdecrUS¢ in debto Increase Ètk creditots 176,987 (126.639) 24.241 (27,491) 153.814 29,245 13.336 11.789 Net tash provided byl(used in) oper*tions 327.551 172,269) ANALYSIS OF CHANGES IN NET IDEBTYFUNDS Atl.1220 Cash flow At30.11.21 Net casli Cash ai bank ond in hand 12&176 273.952 402,128 128.176 273.952 402.128 Debt Debts falling due within l year Debts falling duc after Tr year (32.606) (l 01.572) 10.246 40.660 122,360) (60,912) (134,178) 50.906 (83,2r2) TotBI (6,002) 324,858 318.856 The notes form part of these fmaneial statem¢nts Page 10

Splash Community Trust Ymddiriedolaeth Gymunedol Sblash Notu to the FinantiAI Slatemen15 (or th¢ Year Ended 30 NovEinber 2021 ACCOUIYTING POLICJFS Basis ofpreparing the finaiictAI 5talements The financial statcmetlts of the Charitsble company. which is a public benefit cntity under FRS 102. have been prepai'ed in accordance with the Charitie5 SORP (FRS I￿2) 'AccouTrting and iieporting by Chaiities: Statement of Iiecomtnendrd Practice applicable to tharitie$ preparin8 their accounts In accordancc with the Fiiiancial Reporting St2ndard applicable the UK and Rcpublit of Ircland (FRS I￿1} (effecrive l January 2019),. Financial Reportsng Standard IW2 Tr Financial Reportirtg Stsndard applicable in the UK and Eiepublic of lrtland. and the Companies Act 2006. The financial statem¢Thts have been pr¢paffd undel. the hhstoric41 ¢0st convmtion. Functional Current The financial statements are pre%nted in steFlin& which is the fitnctiottal currtrtcy of the company. routtded to thenearest £1> Goin nce The effects of the Covid 19 Pandemic conlinued to have a sAgnific4nt impact on the TnTsVs ability to trade. The Centre was been closed for SLgnLficanr parts of ihe ye4r due to lockdo1￿]. The Trust man8gerneni have raken hll neee$5ary steps to mainlakn IKquidity but minimising all OP¢Taiing costs a5 far as t￿￿ible. lltcluding utilising the Gove[ru￿ent fisrlough scheme. 7liey were also able to Secure additional income from hiring out of the premises as use as & covid hub. Ai th¢ date of appmving the a¢cow)t5, the ts￿st I￿S been able to rnainiain a good kvel of liquidity In addi(ion.all Covid T&ltridions have now been lifted. allowiiig the Centre to OPEI'ate as usval. Covid rates coniinue to Iluctuate but hospitalisations have rnlueed significant with indi¢aiiOli that Restrictions will be re-introdu¢ed in the near fiJDJre. In light of this the TnJstees have considered the Trus1$ ability to contirue tr8din8 and expect thaL based on tumt expecraii05]s. the Tntst can coniinue to trad¢ for a period of at least ihe D¢Xt 12 nionths from the date the account5 are approved. On this basis, the Trvstees Consider il apptopri8te to PITpare the a¢¢ouTk15 on the going ¢oncern basis. Income All income is rewi5ed in the Sialement of Financial A¢tivities on¢¢ the charity b&s entLtIEment ts) th¢ fund5, il i5 probable that the tncome will be rec£iTKd and the arnount f8n be rneasLred reliabty. Expenditure Liabiliti¢s are tecogllised as expertdttutt as soon as there i5 a legal or consttuciive obligation coinrnR(ting the charity to tbat cxpcnditurq it is probable rfiat a transfer of cconomir bcnefits will k required in settlement and the arnount of th¢ obligation can be meaLsured reliably. Expenditure is accounted for on a¢ouals ba515 and has been classified LEtKler ht4dtngs that a8gregate all cosf rela￿￿ to the category. whe￿ costs cannot be directly attributed io particular hradlngs th¢y have been 3llocatcd to activitie5 on a ba5t5 ¢onsisteni wi¢h the use of re50urw. Tangible fExed assets Depittiaiion is provided ai thc following annual tales in ordet to wrtste off each asset over its estimatcd useful Leasehold propcrty Plant and ma¢hin¢ry FixEurc5 and fittin85 Cornputer equipment over thr life of the lease 20% on reducin8 balance 20% on reducing balance 2(PA oft re<lucing balance Tan8ibl¢ fix¢d 8ss¢ts arc m&￿Ur￿ at ￿5t less axumulated depreciation and ￿e￿M￿lated impairnient losses. Pag¢ll continued...

Splash CommwnÉfy Trust Ymddiriedolaeth Gymunedol Sb]ASh NotES to the Filloncial Statements- eontinued for tht Yegr Etsd¢d 30 Novernber 2021 ACCOUNTING POLICJES- eontiNued Tangible fixed 8ss¢ts At ea¢h reporting date fixed assets are reviewed TO detertnine whether there is any indication that thos¢ ass¢ls have suffered an impaitmeTht loss. If there is tDditaiion of possible impaiiiD¢nt. th¢ recoYeTable amount of any affected asset is estimated and compareil with tts carrying imtsunt. If e51Étnated recovernbl¢ amount is lower, th¢ ¢arrying amouni i% rethicd to its e51ivrtaied re¢ovenble amounl and an smpiJTnent loss is recognised imrn¢diately w profit or lo If an ifnpairment l<tss subsequentty T¢ve￿. the ￿ amouAt of the assel is imEased to th¢ revised estimate of its recoYerabl¢ Amout)L but not in ex¢¢ss of the amount that would have deteTrnined had no impairment loss recogni5ed for the asset prior y¢ars. A ]rveTsal of an impaitTnenl loss is re¢wised immediately in profit .10 Stocks Stocks are valued at the low¢r of cost aDd net realisable value. after making due all0￿dn¢t for obsolete and Slow moving itcttL Tasation The charity is ¢x¢mpt from ￿rpOration lax on its charitable activities. FMDd accounting Unrestt'icted funds can bE used IJJ accordance with the charitable obj¢ciiv¢s #t the discretion of the tru5te&%. Restricted ￿ndS can only be used for phrticulor restricted ptsrp05e5 wthin the objects of die charity. Restrictions arise when specified by the donor OT when fvnds are rdised for particular restricted pun)oses. Ftstther explathauon of the natUEe and putp)se of ea¢h fiLnd is included in the notes to the rmanc￿l slatemcnts. Hire purchAse and leasing conimitjnents Renials paid under opcrating lease5 are charged to the Statrmeni of Financial Activities on a straight line basis over the period of the leas¢. DONATIONS AND LEGACIES 30.11.21 30.1120 Donalions and fundraising GJ2nts 4.495 270.526 6,467 170.283 275,021 176,750 Grants receivcd. irtcluded in the abDV< are ￿ follows: 30.11.21 30.11.20 GoYernm¢nt grams in r¢lation ¢0 Covid 19 Other grants received Grant for chJngiThg room renovation 138.378 41,9QO 90.248 167.911 2,372 270.526 170.283 Page 12 eontinu¢d..

Splash Community Trust Ymddiri¢doleth Gymuntdol Sb14sh Note5 to the Finn¢lal State]nents- continued lor the Yebr Ended 30 Noveniber 2021 OTHER CHARITABLE ACTIVITIES 30.11.21 30.11.20 Reception sales MeTnbeTship fees Cafe sales Facility hire (Xher income 210.677 80.211 3.553 168.570 75.359 181.240 86.818 24,974 39,91 I 26,218 538,370 359,161 RAISING FUNDS Other tT#ding a¢tivitie5 30.11.21 30.11.20 Opetking stock Purchases Closing stock Pool costs Other costs of sale Inst￿ctOr costs Pensions 700 16.460 (700) 5.365 2.250 22.533 6,869 700 19.339 (700) 3,958 1.558 24.585 10,164 53.479 59,604 SUPPORT COSTS AdministratLOt) sts Other Irsources expMdo1 582,925 NET INCOMEI(EXPENDITURE) Nei incomel(exp¢nditure) is slated after chargin￿{Cr&s1t1n￿)'. 30.1121 30.11.20 Depitciation- owned assets Htre of plant and machinery 24239 786 29.244 1,030 Page 13 ¢ontinued...

Splash CoM￿￿￿1¢Y Trust Ymddtri¢doS#¢th Gymunedol Sblxsh Notes to the Financial SlatEIIIEnts- coNtinu¢d (or the Year Ended 30 November 2021 TRusfEES' REMUNEiiATION AND BENEFITS There were no tr￿tes. rernuneyation or othu beaefits for the year cnded 30 November 2tr21 nor for ihc ycar ended 30 November 2W20. Trusttts, expense5 TheiE were no tnLStees' expe￿Se5 patd for the year ended 30 November 2021 noT for the year ended 30 November 2020. STAFF cosrs 30.11.21 30.11.20 Wages and salaries 261586 304,425 261.586 304.425 The aveiige monthly ouThber of employee5 during the y¢ar was as follows.. 30.1121 15 28 30.11.20 15 28 Full-tinje staff Part-time staff 43 43 No Employee5 wceived emoluments in excess of £60.OCKJ. COMPARATIVES FOR THE STATKMENT OF FINANCIAL AcfIvITIES Unrestricted Restricted Totsl fund$ INCOME AND E￿I￿wmEKfS FROM Donations and legacies 176,750 176.750 Other charitable activities 335.161 24,000 359,161 Tot81 511.911 24,￿0 535,911 EXPENDITiJRE ON Raising ￿ndS 59.604 59,604 Other 602,946 6tr2.946 Totgl 662.550 662.550 NET INCOMEI(EXPENDITURE) (150.639) 24,000 (126,639) RECONCILIATION OF FUNDS Totil funds brought foThY#rd 220,014 220,014 Pagt 14 continued...

Splash CommuThily Trust Ymddiritdolaeth Gymunedol Sblash Not&$ to the FinglJtl21 Stwtemu)ts- CODtinued for the Year Ended 30 Novtmber 2021 COMPARATIVLS FOR THE sfATEMENT OF FINANCtAL ACTIViTIES- continued Unre5tri¢¢ed Resthcted fijnd fjJnds Total ods TOTAL FUNDS CARIUED FORWARD 69.375 24.000 93,375 io. TANCIBLE FIXED ASSETS Fixtures and fittings Exasehold propeity Plant and machinery ComputeT equrpment Tot815 COST At l Dec¢rnb¢r 2020 Additions 38.395 1.025 2,690 177.594 3.075 220,089 2.691 At 30 November 2(r21 38.395 3.715 177.595 3.075 222.780 DEPRECIATION At l December 2020 Charge for year 3,522 1,535 605 622 68.022 21,914 2236 168 74.385 24,239 At JO November 2021 5.057 1227 89.936 98,624 NET BOOK VALUE At 30 NoveTh)ber 2021 33.338 2,488 87.659 671 124.156 At 30 Novemtrrtr 2020 34.873 420 109.572 B39 145,704 STOCKS 30.11.21 30.11.20 Stocks 700 700 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.1121 30.11.20 Trade debtors VAT Prepayinents 40,977 9.238 2,999 1,249 40,977 13.486 Page 15 ontinued...

Sp13511 Cojnmunity Trust YrnddiriedoJaetJL Gymuntdol Sbl#sh NotES to the Financial Statemenls- eontinued for the Ye•r Endt¢J 30 November 2021 13. CREDITORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 30.11.21 30.11.20 Bank loans and overdraft5 {s¢¢ not¢ 15) Trade creditors VAT Other crcditOTS ACt￿a]S and deferred income A¢ctiJed expenses 22,360 9.927 1,146 6,545 159,752 36.957 32,606 26,704 7,925 25.884 236.687 93.119 14. CREDITORS.. AMOUNTS FAiLING DUE AFTER MORE THAN ONE YEAR 30.11.21 30.11.20 .Bank loans (see note 15) 60,912 101,572 15. LOANS An analysis of tlie matiuity of loans is given below.. 30.1121 30.11.20 Amounts falling due within ont ywon &mattd.. Bank loans 22,360 32.606 Amounts falling between onc hnd two yeats." Bal￿ loans- 1-2 y¢ars 33,096 81,606 Arnounis f&lIU￿ due between two and five yeor5: Bank Iwis- 2-5 year5 27.816 19,966 J6. SECURED DEBTS The loan is sccured by a fix¢d aod floating cha¥Be over the assets of the company. da￿ 28 J8nuary 2019. 17. MOVEMETrIt IN FIJNDS Net movement in fi]Ad5 At 1.12.20 At 30.11.25 Unreslrlcted funds Genernl fimd 69.375 173.587 242,962 Restriettd funds Food rx)verty Initiative 24.000 3.400 27.400 TOTAL FUNDS 93,375 176,987 270.362 Page 16 continued...

Splash Community Trust Ytnddiriedolaeth GymuRtdol Sblash Notes to the Fin¥+nci$l St%tement$- eontinued for the Year Ernded 30 Ntsvember 2021 17. MOVEMENT IN FUP4DS- tolltihued N¢t movement in funds. in¢lud¢d in the a￿ve arc 85 follows: Incomift8 ReswTCeS expended Movement in fijttds Unrestrieted funds Gcneral fund 718,243 (544.656) 173,587 Restricted funds RestrictEd Grants Food povety Initiative 90.248 4,900 {90248) (1,500) 3,400 95.148 (91.748) 3,400 T<yfAL FUNDS 813.391 (636.404) 176,987 Compxratiyes for m•vement Tn funds Net moveTneTht in fiJTrd5 At 1.12.19 Al 30.11.20 Unrestricted funds General fvt 220.014 {150.639) 69,375 Restricted (unds Food p)verty Initialivt 24.QOO 24.000 T(yfAL FUNDS 220.014 (126.639) 93,375 Compttrative net movement in fvnds. included in the almie are as follow5.. Incoming Re50mLes expended Movement in fvnds ijnrestriettd funds General fjjnd (662,550) (150.639) Restricted funds F¢y)d povety Initiariv¢ 24,000 24,000 YOT AL FUNDS 535,911 (662.550) (126,639) Page 17 continued...

Spl8sh Commuuity Trust Yinddiriedo18eth Gymuiiedol Sbl*sh Not¢5 to the Fi118ncial Statemeiits- continued for the Year Ended 311 November 2021 17. MOVEMENT IN FUNDS- Conti￿u¢0 A Current year 12 months and pior year 12 rnonrhs r£mbin¢d posÉtion ts as follows.. Net movem¢nt in funds Ai 1.12.19 At 30.11.21 Unre5tri¢ted fu￿d$ General fvnd r20.014 22.948 242,962 Reslricted fuod$ Food poverty Initiative 27,400 27,400 TOTAL FUNDS 220.014 50,348 270,362 A ruritllt yvaT 12 Tnonths and prior year 12 month5 combined n¢t movemeAt in fjjnds, Included in the above aT¢ as follows.. IDcoming resource5 Movcrnent tll fu￿d$ expended Unrestricted funds General fijnd 1.230,154 (1,207.2C6) 22,948 Restricted fund5 Re5tr1¢ted Grdnts Food poverty Initi¥¢ive 90,248 28.900 {90,248) {1,500) 27.400 l19,l48 (91,748) 27,400 TOTAL FUNDS 1349,302 (1.298,954) 50,346 18. RELATED PARTY DISCLOSURES There were no related pty Irans&ctiOnS forthe yearended 30 Novernber2021. Pa8e 18

Spl8511 Communily Trllst Ymddiriedolaeth Gymunedol Sblash Dttiled Sfwtemertt of Financial A¢tivifie5 for the Y￿￿ Ended 30 November 2021 30.11.21 30.1120 INCOME AND ENDOWMErfft8 Dtsttatlon9 and l¢g¥¢5 DonatlQa5 fvndraising Grants 4.495 247,639 6,467 170,2B3 251L34 176,7SO Othertkarlllble atdvltles R¢ctplion sale5 MBmbErxh￿ Ftt5 Café Sal¢s Facility Hire Other inc¢)me 210.677 80.21 J 3.553 81.195 9,032 181.240 86.818 24.974 39,911 26.218 384,568 359,161 T•81 intomlMgresollree5 636.702 535,917 EXPENDITtJRE Other trdlMg Aelhltits OpcAinBsl¢xk Café 8tsods for r¢s•l¢ Re¢eptiorL 8oods for re5•1e PODI CA￿15 Otherc05ts of sole InsIn￿lore0sts Pensions aosing 5tttk 700 11,617 4.843 5,365 2.250 22,535 6.869 (7￿) 15982 3,447 3958 lJ58 24,585 10.164 (71X)I 53.479 Support Costs Administratlon costs WdBes Hirt otplallt atLd m¢hi Wa￿T In¥uTan¢e Light aod he&t Telephone Postsge artd Station Sundriex Repnirs and TM¢wAIs Tr•ininE HIKLsthold aftd rleanin8 Computer Costs Cloihujg and workwear C￿ried fonvgrd 261,586 786 Il972 24,452 70.607 3,750 2,219 3 J99 90.248 3.007 3297 4.4fMJ 304.425 1.030 16.91 I 23.827 111.909 10,040 900 19,440 554 12.922 6,050 480.787 508.676 This page dl￿ not fonn partof the Ma￿tOry fmallcial slaternents Page 19

Sp185h Communily Trust Y￿dd1r1edol￿el￿ Gymuttedol Sblash Detailed Statement of Firtantixl Activities lor th¢ Year Ended 30 November 2021 30.11.21 30.11.20 AdmillistrntiOA Costs Brought foTw•rd IYT¢¢overabJ¢ VAT Legal fces Auditor's fees Bank ch¥rg¢s Other esiablishmeoi ￿$ Motot expenses Short1¢osehold Pljnt and t￿￿￿"￿ery Dep'n of fixfvres & fittings Dep'n of computer ¢qu￿)I￿nI 480.787 30,391 36,561 4.950 5,995 508,676 32.594 23,096 S,075 4.191 1.536 622 21.915 168 l.S36 105 27.394 210 581925 2.946 Tot•1 ￿5￿r¢¢5 ￿PeTr￿d 636.404 661550 N¢t ltttoth&(expttrJdlturt> Coytht yeor 298 (126.6391 Noae re¢urrlDg lueome: Insurnnce claiiD Re 1055 of eaminEs CoY5d ind stmi18r Gr8rtts rtteived Use of Premises &s v•ccination 66,327 65.387 44375 Thi5 pag¢ do¢$ not fwn pth of the sktuiory financial statements Page 20