## **FRIENDS OF MORFA BAY AND BRIDGWATER**
(a Charitable Incorporated Organistaion)
## TRUSTEES’ REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2022
Registered Charity number 1165377
## **TRUSTEES ANNUAL REPORT**
Reference and Administrative Information Governance and Management Objects and Activity Public Benefit Financial Review Risk Management **FINANCIAL STATEMENTS** Receipts and payments in the period to 31 March 2022 Statement of assets and liabilities at 31 March 2022
Friends of Morfa Bay and Bridgwater (Registered Charity Number 1165377) Report and Financial Statements for the year to 31 March 2021
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## **TRUSTEES’ ANNUAL REPORT**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
Charity Name: Friends of Morfa Bay and Bridgwater Charity Registration Number: 1165377 Registered Office and Operational address: 10 Cornflower Crescent, Stotfold, Hitchin SG5 4HW
The trustees at the date of this report are:
Mr David White Chair Mrs Deborah Evans Mr Paul Evans Ms Helen Pattinson
## **Bankers**
CAF Bank (Charities Aid Foundation) 25 Kings Hill Avenue King’s Hill West Malling Kent ME19 4TA
Friends of Morfa Bay and Bridgwater (Registered Charity Number 1165377) Report and Financial Statements for the year to 31 March 2021
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## **GOVERNANCE AND MANAGEMENT**
Friends of Morfa Bay and Bridgwater (FOMBAB) is established by a Constitution dated 25 May 2015. This report covers the first fourteen month operating period of the charity. The Trustees are defined as Chair and as many others as the members determine. When required, new trustees will be identified who are supportive of the objects of the charity and who have the skills and experience necessary to meet the charity’s needs. They will be appointed by a meeting of the members.
The trustees are responsible for controlling the charity’s management and administration. They are responsible for ensuring that the charity’s income is used only for the purposes set out in the charity’s governing document and for no other purpose. They have a responsibility to act reasonably and prudently in all matters relating to the charity, and have a responsibility to act in the best interests of the charity.
The board of trustees consists of four members who have met and corresponded as required during the period.
The administrative tasks of the charity were handled by the volunteer members of the trustee board.
## **OBJECTS AND ACTIVITY**
The object of the charity is to support religious education and educational opportunity for children and young people, including, but not limited to, support for CPAS Ventures camps and houseparties at Morfa Bay and Bridgwater.
The Charity receives donations from supporters and distributes grants to support the participation of leaders and young people at Morfa Bay and Bridgwater Ventures. The Charity also receives income to provide transport for young people to and from Morfa Bay and Bridgwater Ventures.
## **PUBLIC BENEFIT**
In setting the programme each year the trustees have regard to both the Charity Commission’s general guidance on public benefit and relief of poverty for public benefit. The trustees always ensure that the programmes undertaken are in line with the charitable objects and aims.
## **FINANCIAL REVIEW**
The financial results for the year to 31 March 2022 are as shown on pages 6-7. In the year to 31 March 2022 income was £855 (previous year £1,145) and expenditure was £898 (previous year £1,069). The cash funds held at 31 March 2022 were £2,093.
## **RISK MANAGEMENT**
The Trustees have conducted a review of the major risks to which the charity is exposed. A risk register has bene established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate risks faced by the charity.
Friends of Morfa Bay and Bridgwater (Registered Charity Number 1165377) Report and Financial Statements for the year to 31 March 2021
4
## **TRUSTEES’ RESPONSIBILITY FOR THE FINANCIAL STATEMENTS**
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of the incoming and outgoing resources for the year then ended. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently, making judgements and estimates that are reasonable and prudent. The trustees must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities. They must also comply with applicable accounting standards and disclose and explain in the financial statements any material departure from such standards.
In preparing the financial statements, the trustees have taken into account the plans disclosed in the preceding paragraph. They conclude that there is no material difference, if any, between the resulting financial statements and statements prepared on a fully going concern basis.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **EXEMPTION FROM AUDIT**
FOMBAB is entitled to exemption from audit under the Charities Act 2011.
## **RESERVES POLICY**
FOMBAB distributes the funds it receives to fulfil the object of the charity. With no staff employed and minimal operating costs, trustees have agreed to maintain reserves at a level of £1,000-2,000.
Approved by the trustees on 12 January 2023 and signed on their behalf by
## **David White, Chair of Trustees**
12 January 2023
Friends of Morfa Bay and Bridgwater (Registered Charity Number 1165377) Report and Financial Statements for the year to 31 March 2021
5
**Friends of Morfa Bay and Bridgwater 1165377 Receipts and payments accounts**
## **CC16a**
**For the period** 01/04/2021 31/03/2022 **To from**
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**855**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**855**
**-**
**-**
**-**
**855**
**-**
**800**
**98**
**-**
**-**
**-**
**-**
**-**
**-**
**898**
**-**
**-**
**-**
**898**
**- 43**
**-**
**-**
**- 43**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**855**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**855**
**-**
**-**
**-**
**855**
**-**
**800**
**98**
**-**
**-**
**-**
**-**
**-**
**-**
**898**
**-**
**-**
**-**
**898**
**- 43**|**Total funds**
**to the nearest £**
**855**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**855**
**-**
**-**
**-**
**855**
**-**
**800**
**98**
**-**
**-**
**-**
**-**
**-**
**-**
**898**
**-**
**-**
**-**
**898**
**- 43**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|Donations|**855**|||||**840**|
|Gift Aid Received|**-**|||||**305**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**855**|||||**1,145**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**||||||
||**-**
|||||**-**|
|~~**_Sub total_**~~|**-**|||||**-**|
|**_Total receipts_ **
**A3 Payments**|||||||
|||||||**1,145**|
||||||||
|Travel|**-**|||||**-**|
|Support for leaders and members|**800**|||||**1,000**|
|Bank charges|**98**|||||**69**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**898**|||||**1,069**|
||||||||
|**A4 Asset and investment**
**purchases, (see table)**|||||||
||**-**||||||
||**-**||||||
|**_Sub total_ **|**-**|||||**-**|
|**_Total payments_ **
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||
|||||||**1,069**|
||||||||
||**- 43**|**-**|**-**|
**- 43**||**76**|
||**-**|**-**|**-**|**-**||**-**|
||**-**|**-**|**-**|**-**||**-**|
||**- 43**|**-**|**-**|**- 43**||**76**|
CCXX R1 accounts (SS)
12/01/2023
1
|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||
|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
Cash at bank
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**2,093**
**-**
**-**
**-**
**-**
**-**
**2,093**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
David White|**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||David White|12/01/2023|
|||||
CCXX R2 accounts (SS)
12/01/2023
2