12i,; | CYFRIFWYR SIARTREDIG CHARTERED ACCOUNTANTS Charity registration number.. 1168620 Tregaron Family Centre Annual Report and Financial Statements forthe Year Ended 31 March 2024
Tregaron Family Centre Contents (continued) Reference and Administrative Details Trustees. Report 2to4 Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9t012
Tregaron Family Centre Trustees. Report The tnjstrs, who are directOT5 forthe purp05e5 of compznylaw. pentth annual reporttogetherwith thèffinandal statements of the charitablecompasry forthe yearended 31 Mèrth 202 Strurture. Go¥em8n¢e and Man8&ement TrerOn Family Centre is a charitygoverned by a (onstitution a5adopted in20133nd amended tn 2016. tt is yeered a5 a ttharity with the Charity fommission. The Hims and objectives ofthe charity are. In Tregaron and 5urroundlng districi&" AlThe pre5ervatit>n and protÈcEion of health and the reliefof distfesswithinfrdm1 relationships bythe pjVIsIon of a Te50urce and advice centre and bythe education of the public in goLKI p3teHting SlIs. 81 The provision of facilTEies for recreation and otherlessure tiMeaCtlÉsf0rfamil1eswith youn8 childn in the interests of soctal welfare with 8 view to impri)ving conditions ot life. Plant Dewi a appo(nted bythe Famify tre Marwagementcornmitke to manage and advisethe Cfyordinator. Appolntment of Trustees Trustees are appointed as Set out in the c(mstitution of the chartty- PmfessioThals and 5eT¥iie users wrthin the cornmunity, who have a personal interest in the (harity, are irbvited to Join the managerrEnt corntnittee. Nomination forms are c(Imeted and applicanrs are voted onto the Qjmmlitee as appropTrate. commlttee mpmbers can aly) be ctropted when appropriate. Organisation Stfucture Trustees- Plart Dewl- Coordinator-staff and volLtnteers Trustees are tonsutted on as ufaccountin& poliaes and predllres and involved in the decision-making ryrdingthe njnning of the"ch3rity. The Ctrordinator Is responsible for keepingoriler of files. offitr workand over-seeing all otherday-ttrday artivities at the centre. Related Partles Plant Dewi are appoiTrted bythe Famtly CentreMpnagthethtCoMm1tteet0 manaKEthe C<thinatorand thedayto day running ofthe Farnily Centre. Risk Mamgement Tre8aron Family Cerrtre tonducts rtsk a&$e5srrts before underrakn"nganyacbvitsu or events¥nd ensures that appropriate OBS¢hetks are undertaken for those working with thildren orvulnerdble adults_ finanoal risks have been wewed and procedures put in place actordingly. Thetrustees have ertablthed a reserves policy to be held in line with the idÈnttfiÈd risks. Page2
Tregaron Family Centre Trustees. Report (continued) OBJEcfivESANDACTivrriF5 The 31ms and objectTrve5 of the charttyare, inTregaron znd surrovnding districts: Al The preservation and protettiDn of health andthe relief of dtstresswithin family la110n$hIps bythe provision of a resource and advice centre and bythÈ education of the public in good parenting sknlLs- Bl The provision of htilitiÈs for recreation arml otherlei5uietimeactivtttesfort3rnilies wilhyDungchildrell Èn the Interestsof soaal welfare with a viewto improvingcondttion5 of life. The charity works in partrr5hlp with parentsand carer5. It empowersthem in order to tter cope with family lrfé and thereforeEives theirchildren a betterst3rt in lrfe. The Aims of the Family Centre k to ensurethildren-. Have 3 fl¥ing start in life Have a range of education and learning opportunibes . Enjoy the best possible health. freefrom abuse H3ve accpss to play. leisure and cukural actyvtbe5 . Are listened to and respected and havetheir4dentity recrSed • Have a safe home and comwnuntty . Are not disadvantaged by poverty The objectwes for the nextytrar a to continueto". provide a 58fe. wami and welcoming environment . provlde acces5 to various play equipmentand actlvstles offer training and lupwtto fami5ies provide opportunttie5 to 80 on trip5 outyngs provide open4oor policy where everyone iswelcorned • continue Dutre3thworkto tdentlfy1501atsd families The changes we have noticed arÈth3t children are better prepared for sthool life. Also. some parents ha gone back to emptoyment. gained certificates with ourtralnln& learned newskills andchildren have developed bettersocial sknlls. Parents and Children Interact much rnore freety and enJoy their experierttstcgether. Atthe Family Centre Stsff provide a safv qualitySeee. Staff pmide an ¢)PPOrtunityb) access information and other Servi thatthey rnay requi In order tomeettheir individual needs.we offtrsupportto parents whlleorfngfortheir thlldren and fry to rdieve stress and 4nxiety wtthin thehmity. Through questionnaires and evaluation forms parents have told us that through attenoingthe Famity Centre their fathiiies ha¥e gained.. ' improved 50¢1al and support networks irnproved ski15s posltive parenting lrnproved relationships irnpToved resilience increasettconfi.den and self-esteem . incre35ed aCst0 commun resource5 Public 8enefrt The public benefftthrough hawng a servicethat prowdesfamils wtth children aged 04ye3rs l(kllduriDgsdJcKJl holidays) with free accessto a wrdeyariety of playactivtties, free accreditedtrai1n8/C0Ur ¢x) parenttnz skilts. freetrtps and outings. and an open-door policy promoting equal opportunities for all fanmlies. The tre abo wots dosety wf(h other like-minded org3nisations and 15 therefore able to sign-POStfamifie5 in need to other prirfesslonals. By prowdingthls service we pre5erveand Pfotect health and relieve 5tre55 within farn1 relationship5. age3
Tregaron Family Centre Tru5tees' Report (continued) ACHIEVEMENT AND PERFORMANCE We welcorned H new¥olunteer who has been an as5ettothetdm. We successfully secured 7grants wtth Ceredi&on Community Fund. Garfield Weston, National Grid. CAVO. The Natiorial.Lottery nd Foyle foundation. Risk 45sessments We don< and Sèfrty precautionswere put in plxeto redu Ti5k and pr(Mde a safe p1af0rfaMllle5. 162 sesslons were held intotal. Supportlng 1221amllleswtth sessfjons suth as ian8Ua8e and Playp Warm spa$. Upskilling worktshop5. Attwe kids, Zumbtni/Zumba kids. Farnily Links course. Little sts. Stry and playt Story and RhymeTEme. Baby massage, Sen50ry baby. Art an41 Ctsftsessions. Park plays. Picnicwalk% FarmTrips. Fore5tSthool,Me55y play. Fundrassers, chrMS and rnrner Parties and PlayD3y5. All 5e555Oll5 proved werÈ reallysuccessful wf(h lots of families attending them all. Transport was prowded for off sitetrÈpsto hElp famir5th don't haveaa255totraiwott DuetD funding secureil ourWarEn Spa session5 re aileto carry lf0rthefaM1jies andthe coMmunt0 help duringthe C05t of Imng crlsis whlch has been extrernety well attended srnce we started it baL*ln November202Z We madp the session5 moreappealiNgto Men with an amazlng 21dads/Grnndads attending our 5e551onsthis year. Book bags and Sports packswere dithljuted. Upskilling work5hop5 were started brln8ing the communitytogether, whithall h3¥e really enjryed and has given usthe opportunity tD workwith lots of new local organi%ations. business95 and group5. FINANCIAL REWEW TheTru5tees wlsh tothank the Big lottery Fund.The Peopws P05tcode Lottery. Aw¥rdsftlrl, Garfield Weston. ceIe10n Courity Council Community Fund. Healthy Prfrschool Fund, Familie5 First. Fiyingstart IPathfinderl.thÈ Child Developmont Fund, Summer of Fun and Winter i)f Wellbelng for their financrdl support andthe bcal cornmunityfoTiheirvalyed5LlPPOrtthi5year. Reser¥es Poficy The trustees have reviewed the risk5 frdun8 theorKdTri53tion and have detemiined that reseNes of bèttveen 3 - 6 months shotjld be held to protect again#the SIdenlneXpeCled I( 0[ndIng or otherunantiCiP3ted problems. The current reserve of £19.279 15 rnore than sufficient ttscover costshould this sf£uation artse. Trustees review the reserve5 levd at 8stannualtyad whenever new services are introduced. Pa8e4
Tregaron Famity Centre Statement of Trustees, Responsibilities The trustee5 are responsible for preparingthetrustees, report an¢Jthe ffinanaal stratements in acoJTdance wf£h the Untted Kingdom Accounting Stsndards Iunited Kingdom General Accepted Accounting Practi) and applicable 13w and Regulations. The trustees aTe responsibleforthe prep?r3tion of financial statementsforeach financial year. The tnjstees must not approve the approvethe financial ststements unless they aresatisfied thattheygive a true and fair view of the state of affairs of the Chanty and of its incorning resourre5 and application of resOTCeS. illdu¢h"ng its income and expendtturE. fDrthat pericKt. In preparin8 these financial Statements, the trustees are requtred to= - Select suitable accounting policies and apptylhem conSnt. - observe the rnethod5 and pr5CipleS in the Chartbes SORP,. - make judgements and estimates that are reasonable and pnmleht - state whether appltcable UK Accountingstsndards have been followed.subiertto arty material departure5 disclosed and explHinÈd in the financtal statements- and - prepare the financial staments on the goir¥corMwn b&515 urJle55 it is inapprDFviats to ptE5umethatthe charitable entitywll continue in bu5iW The trustees are re5pDnsible for keeping properaccountin8 recoTd5that disdose with rea50Rable acLIJTacy at anytitne the financtal position irfthe tharity and enablethem to ensurethat thefinanoal ststements comply th the Charrties Art 2011. the applicable Ch3Tlties (Accounts and Report51 Regulations. and the PTDW5itsns of the congtr(utioTh.The trustee5 are also re5POn5ible ftsr 5afÈ8uardi#8 the assets of the charity and hencÈfortakingreasiJnabJe stepsforthe prevention and detecti offraud and otherinegtslaribes. Approved by the trltstees of thecharfty on and slgned on its behalf by-. Trustee Page 5
Tregaron Family Centre Independent Examinerfs Report to the trustees of Tregaron Family Centre I reportto the charitytrustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are Set out on page5 7 to 12. Respèctlve responslblltti£% of trustees and exam5ner The trustees are responsible for the preparation of the accounts. The tee5 consider that an audtt is not required forthis vear under section 144121 of the CharitiesAct 2011 (the 2011 Act) arEd thatan indepewKlent examination is needed. It is my respon5ibKl%ty to- - examine the accounts under section 145 of the 2011 Act: - to follow the procedures laid down in the genernl Dirertiorn% given bythe Charity Commission undersection 14515llbl of the 2011 Act,. 2nd - to state whether particular matters have tome to my atterrtlon. Basis of Independent examinerfs report My examination was carrted out in accordan with the general directionsgiven by the Charity Commission. An exarnlnatlon includes a revievj of the accout)ting record5 kept by the chartLy and 3 compar of the a(xounts presented with those record5. It also includes consideration of any unusual items or disclosure5 in the accounts. and seeking explanations frorn you as trustees Conming any such matters. The procedures undertaken do not prwde all the evidence that would be required in qn audit and consequently no Dpinion is Eiven a5 to whetherthe accounts prent a'true and fairview, and the report 15 limited to those Matte set out in the next 5trdtemenL Indepèndent examlnerfs statement In connection with my examination. no matter h3s cometo my attention: 111 which gNe5 me reasonable cause to belreve that in any material respectthe requirements: - to keep accounting records in accordance with seciion 130 of the Chartties Act 2011,. arKI - to ppare accounts which accord wi(h the accounting records and comply with the acwunting requirements of the 2011 have not been met- or 121 to which, in my opinion. attentyon sh¢)uld be drawn in orderto enable a proper undÈrstanding of the accounts to be reached. ¢42 23 College Street Lampeter Ceredigion SA48 7DY Date:.. Page 6
Tregaron Family Centre ststement of Financial Acbyities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Ststement of Total Recogni5ed Gains and Losses) lJnrertriLted Restrirted Funds Funds Total 2024 Total 2023 Income and Endowmentsfrom: Donations 8nd legaue5 Fundraising income Trading Income 37,on 39.777 26,353 2.705 37.072 39,777 26.353 Total locome expendlture on: Raising funds Charitable activities (01 (01 101 1400171 (01 140,817) lol 133,3771 01 40,8171 4017} 133.377 Totsl Expendf(ure 3.7451 1.0401 7,0241 Net lexpenditureifincome {3.74SI IL0401 17.0241 Net movement in funds 740 1740} Trdnsfersbewteenfunds Reconciitstion of funds Total funds brought forward 14,633 30.467 37.491 10.148 29,427 30.467 rotal funds cAnied forward 19.279 rotal Total 2022 Income and Endowmentsfyom: Ponatsons and legacies Fundraising inoome Trading Income l(M) 26.253 26,353 36,151 26.253 26.353 36,151 Totsl Income Expen¢fsture on: Rai5ingfunds ch3ritable artivities 10) 101 {01 133.3771 {01 133,3771 101 138,8071 133,3771 133.3771 138.8071 Totsl Expenditure 17.1241 17.0241 12.6561 Net {expenditiJreifincome i(yJ (7.0241 {l6561 Net movement infvnds i( {7.1241 Reconcillation of fvnd5 Total funds brought fc*ward 15.734 21.757 37,491 40,147 14.633 30.467 37,491 Total funds tarried forward Page 7
Tregaron Family Centre IRegi5tration number. 1168620) Balance Sheet as at 31 March 2024 2024 2023 Current assets Debtors Cash at bank and in h3nd 37,691 37,691 34,675 34,675 Credltors: Amountsfalling due wlthip one year 182641 {42081 29.427 30,467 Net asset5 Funds of the charlty. 19,279 10,148 15,834 14,633 Unrèstrirted funds Restricted funds 29.427 30,467 Total funds The flnancial statements on pages 8t0 13 were approved b¥the trustee5. and authorised for issue on ... and signed on their behalf by: Trustee Page 8
Tregaron Family Centre Notesto the FKnancial Statements forthe Year Ended 31 March 2024 l. Accounting poliaes Statement of tompliance The financial statements have been prepared in accordance with Accounti¥E and Reporknng by Charities.. Statement of Recommended Practice applicable to chatities pP3ringtheir èccourts in 3ccordanW5ththe FinanLial Reportingstsndard appIlble in the UK and Hepublic of Ireland IFRS 1021 leffertive l January 20151- (Charitres SORP {FRS 10211. the Finanual Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 znd the Charitte5 Att2011 Basis of preparation Tregaron Farni Cerrtre meets the deflntuon of a pubfic benrt entity under FRS 102. A55ets znd liabiltties are inrbally recognised at historical cpst or t¥arLsaction value unless otheTwise stated in the relevant accrJuntin8 policy notes. Exemption from prnparinE a cash flow siatement The charity Opted to adopt BUllen I published on 2 February 2016 aNI therefore not induded a (ash fkw statement in these financial statements. GolngcOnrn Thetrustee5 considerthatthere are no rnaterial uncertairt£es abDut the chartty's abilityto conbnue a5 a going ¢oncem. Income and endowments Investmentin¢ome Divldend5 are recognwl onthe dividend has been deClad and notifiLth has been Twived ofthe dNidend due. Expenditure All expenditure is recognised once there is 3 Wl or (x)nstructive obllgati¢)n to that expendfture, tt is probable settlement 15 required and the amount can be measured reliab. All costs are allocated tothe applicable expendTEUfe heading that aEgregate sifflilar costs to that category. Where costs cannot be directly attributed to p3rriwlar headings. they have been alliKated on a basis con5i5tent with the use of resources, with centtal stsff costs allocated onthe bas of tirne spent. and deprec?tion drge5 allocated on the portion of the asset's use. Other supportcost5 are allo(2ted bosed on the spwd of staff costs. charitable uctivltles Charitable expenditure comprisesthose costs irKvrred bythe dwrlry inthe (ry of itsattivitie5 and seFvi(£s for its beneficiaries. It includes both costs that can be allocated direct to suth aciivitks and those£osts of an Indirert nature nece5S3ryto support thom. Governart costs These include the Costs attribvtsbletothe thafitV5 compliance wtth colOal a1 statutory requirements. induding audil Strategic managernent and trustegs meeting5 and reimbursed expenses. Ta)rdtlon The charity IS considered to pa5$ the tests serout in Paragraph I schule 6 ofthe Finance Act 2010 ?rLd thereftTrre it meetsthe detinition of 3 charitsblecompanyfor UK COTRofdtion tsx purposes. Accordtngty, the cknrity 15 Wtentially exempt from taxation in respeci of in(x)me or capital gains recÈNed within cegorie5 covered try Chapter3 Part li of the Corporation Tax Act 2010 or Section 256 of theTaxation of Chargeable Gatns Act 1992, tothe extentthat such income or are 8pp]sed e¥clusively to ch8Tttable purposes.
Tregaron Family Centre Notes to the Financial Ststements forthe Year Ended 31 March 2024 (continued) Cash and tash equivalents Cash and cash eqyivalents comprise cash on hand and call deposits, and other short-term high liquid investments that are readily convertible to a known Hmount of osh7nd arÈ subject to an irLsigntfic2nt riskoFchange in value. TradE creditOTS Are obligations to payforgocxls 01 services that have been acquired in the or(finary urse of businetsfrom suppliers. Accourtts payable are classified as current liabilities if the does not have an un¢ondsbonal tsghL atthe Ènd of the rewbng period. to defersettlement of the creditor for at least twelve months afterthe reportTrngd3te. If there 15 an unconditional ri8httodefersettlÉmentfor at leasttwelve months afterthe reporting date.they are present as non-current Ilabiliknes. Are reco8n15ed Inttialty atthe trarssaction price 2nd subsequentty mÈaSUrj * amorti5ed c05t usingthe effethve iT¥terest method. BofTowing5 4nterest-bearing buTrowings are inrtially recorded atfairyalue. net of tr3nsartion cosrs. 7ntere5tknrinE borrwngs are sub5equeNtIy carried at amortised co& with the dsfference between the woceeds. net of transaction costs, and the amount due on redemption being recognised as a charge tothe Statement of Fina]21 Actswtses overthe pwiod of the Yelevant tK)rrowing. Interest expense is recognised on the basts of the effectyve interest method and Ks Included in Interest payable and 51milar¢harges. BorrowinES are cl45$1fied as cu¥went liabilities untessthe chartty has an OndIOnl right to defer settlement of the 11arityf0r at least twelve months afterthe reporting dole. Fund styucture Unresiricted intome ftjnds are general fijndsthatare availablefN atthetrusree's discretion infurtheTance of theobjertives of the cbarity. Designated fun¢ts are unresthrtedfuDds set asidefor specific purrK>5es atthe (ftscretion of the trustees. Restricted income fund5 arethose donated for w in a particular area orfor speufic puTtx)ses. the u* of which is restricted to that area or PUTPOSe. Page 10
Tregaron Family Centre Notes to the Financial Ststements for the Year Ended 31 March 2024 (continued) 2. Eypendlture on charitrblE acli¥ilies Total 2024 Total 2023 Funds Funds 9.447 9.447 6.865 Activity Costs AdvertiSinprOmotiOn Consultancy Finance Costs Health and Safety Miscellaneous Expenses Office Expenses Petty Cash Professional Fee5 Rent and Rate5 Repair5 and maintenance 282 1,687 2,963 1,687 778 1.852 24.144 24.1414 20.484 235 1.222 1,080 123 62 Salary Small Items of Equipment Support cDsts- Goveman Support costs-HR Telephone Training Repaymant to Lottery 962 1,080 336 198 962 1.080 336 198 266 Total tharitable payments 4017 40,817 33,377 2. Penslon sthetnes The tharity operates a penslon 5theme with NEST and is compliant with the reqU1ments of Auto Enrolment. 3. Analysis ofgo¥ernance aNI supwt costs RaismR Charitable tivtties 962 962 1.222 Govemance ¢0sts- Finance Costs HR 1.080 1.080 2.042 2.042 2.302 Total suPPOrtC05ts Costs are allocated directly. 4. 5alaTies The average number of employees in the year. caojlated on a fijll-time equivalent basis was 2 {2023- 21. The total salary payments were £24,14412023- £20.4841. There WaE no higher paid employees. 5.Trustee5 remuneration and eyperws Notrustees. nor any persons connerted wrth them. have reoNed arry remLhneration from the charity during the year. Page 11
Tregaron Family Centre Notes to the Financial Statements for the Year Ended 31 March 2024 {continued) 6. Funds BIFV Incom Expendlturt Transfers cIFwd Restricted Funds Ceredigion County Cuuncil Fund Yr2 Ceredigion County Council Fund Yr3 Families First Families First- Underspend Flying Start (Pathfindersl Moondance Foundation Gwendoline & Margaret Davies Community Foundation Wales Garfkeld Weston He?Ithy Pre-school Fund Summer of Fun Cymdeithas Mudiad- Wam7 Spaces Whilen Y Porthmyn- Warm Spaces National Gr(d CAVO Ceredigion Council- Family Transport Total Restrirted Funds 2.051 11,3141 155661 14.2501 {1.460} 115001 18.8521 12.4391 11591 15.lJ)01 162) {3001 101 1919} {4.7971 13.0191 11801 {737} 5.566 4.250 1,450 25 io 852 2A39 159 57 129 iioi I.13 131 10.007 13,026 14,633 37.072 140.8171 17401 10.148 Unrestrirted Funds 2.705 101 740 19.279 Total Funds 30.467 39,777 140.8171 29,427 7. Cash In Bank and in Hand BIFVAI UFwd 2023 Community Account- I Community Account- 2 Petty Cash 19,718 14.927 30 4.5 1.508 13.20DI 1,692 25.816 11.727 19,718 14.927 30 34,675 {15741 3.016 34,675 37,691 Page 12