i!J,: CYFRIFWYR SIARTREDIG CHARTERED ACCOUNTANTS Charity registration number- 1168620 Tregaron Family Centre Annual Report and Finanual Statements forthe Year Ended 31 March 2025 Tregaron Family Centre Contents (continued) Reference and Administrative Details Trustees, Report 2to4 Statement of Trustees, Responsibilities Independent Examiner's Report Statement o* Financial Activities Balance Sheet Notes to the Financial statements 9t012 Tregaron Family Centre Reference and Administrative Details Trustees Mrs Catherine Hughes Mrs Ann Jones Mrs Margaret Jones Mrs Esyllt Evan5 Mrs Margaret Rees Principal Office Tregaron Memorial Hall Tregaron Square Tregaron Ceredigion SY25 6JL Charity Registration Number 1168620 Banker5 Barclays Bank Leicester LE87 2BB Independent Examiner PJE, Accountants & Advisors 23 College Street Lampeter Ceredigion SA48 7DY Page I TreEaron Family Centre Trustees. Report The trustees, who are directors for ihe purp0sÈ5 of cornpany13w. pre5entthe annual report together wtih the financial statemetTrts of the ch3ritablÈ company forthe yèarended 31 March 2025. Strurture, Governance arKI Management Tregaron Family Centre is a chèrity governed by a constitution as adopted in 2013 and amended in 2016. It 15 registered as È charity with the Charily Comrni5sion. The aim5 and objectives of the tharrty afe. in Tregaitsn and surroLrnding distTirts_' Al The preservatson and protertion of health and the reltef of distress within farnily relationships by the provision of a resource and advice tentre and by the education of the public in good parentillg5kill5- Bl The provision of facilities For recreation other letsure time attivit4es for families wtth young thildren in the interests of social welfare wtth a view to improving conditions of life. Plant Dewi are appointed by the Family Centre Managernent Commtttee to rnanage and advise the Ctrordinatof. Appointment of Trustees Trustees are appointed as set out in the ton5titution of tbe charily. Professi(￿al$ and service users within the community. who have a personal interest in the charity. are invited to joirn the rnanagement committee. Nomination forms are completed aod applicants a￿ voted onto the Committee as appropriate. cornmittee members £3n alsts be co-opted when èppiopriate. Organisation Strurture Trustees- Plant Dewi- Coordinator- Staff and volunteer5 Trustees are tonsulted on aspects of account5n£. policie5 and procedures and invofved in the decision-makin8 regarding the running of the chaTity. The Co-ordinator is responsible foT keepsng ordef of files. offitÈ woik and over-seeing all other day-to-day artivities ai the centre. Related Parties Plant Dewi are appointed by the Family Centre Manaeernent Committee to manage the C(Fordinator and the daytts day rvnniTrg of the Family Centre. Risk Management Tfegaron Farnily Centre conducts fÈsk a55e55menis before undertaktng any artivities or e¥eots and ensurÈs that approrJriaÈe OB5 checks are undertaken for those working with children or vulnerable adults_ Financtal risks have been rev4Èwed and procedures put in plate 3¢cordingly. The trustees have established a reserves policy to bè held in line with the identified risks. P38e 2 Tregaron Family Centre Trustees. Report {continuedl OBJECTIVE5 AND A￿1VITIEs The aims and obiecttrves of the thartty are. tn Tregaron and surroundin8 di5tri¢is- Al The preservation and protÈrtitsn of health and the ielief of distress within tsmily relationships by the provision of 3 resource aTrd advice cent*e and by the education of the public in good parenting 5kill5.- Bl Thè provisio￿ of facilit1È5 for recreation and other leisure time activities foi farnilies with yrM5n8 children in the interests of social welfère with a view to improving conditions of life. The charity works in partnership with parents and ca￿[$_ tt empowers them Trn oftler to better cope with family life and therefore gives their children 3 bettei start IB lrfe. The Aims of the Family Centre is to ensure children-. Have a fjying start in life Have 3 rangÈ of ¢d￿latIO￿ 3nd learning opportunities Enjoy the besi possible health, free from abuse Have aice55 to play. leisure and cultural activities Are listened to respected and have their identity reco8nised HavÈ a 58fe horne and community ArÈ not disadvantaged by poverty The objectives for the next year are to contirbue to_. provide è 56fe, W6Tm and welcoming environment provide 3cce55 to Various play Èquiprnent and activittes offer training and support to farnilies prov*de opportunities to go on trip5 and outings provide open-door policy where everyone is welcorried • continue outreach work to identify isolated families The changes we have noticed are that £hildrÈn are better prepared for school life. Aso. some pareots have gone batk to employment. gained certificates with our training. lea¥nesS new skills and children have developed sotial ski115. Parents and children inreratt much more freely enjoy their experiences together. At the Family Centre Staff provide a safe quality 5eT¥ice. Staff provide an opportunity to access tnformation and other 5e¥vices that they V Tequire in order to meet their indi￿￿u&l needs. We offer support to parents while caring for their children and try to relieve stress and anxiÈty within the family. Through questlonnaires and evaluation form5 parents have told us that through attendiryg the Farnilv Centre their families have gaine(J.. • irnproved social and support networks improverl ski115 Oll P051tive parenting improved relationships improved resilientÈ increased confidence an4 /2oz and signed on its behalf by.. Trustee (C￿, ELIzh8KfH & kiEg Page S Tregaron Family Centre Independent Examiner's Report to the trustees of Tregaron Family Centre I report to the charity trustee5 on my examination of the accounts of the charityfor the year ended 31 March 2025 which are set out on pages 7 to 12. Respertive responsibilities of trustees and examiner The trustees are responsible for the preparatiot) of the accounts. The tnjstees consider that an audit is not requrred for this year under section 144121 of the Charrties Act 2011 (the 2011 Act) and that an independent examinat40n ts needed. It is my responsibility to.. examine the accounts Ltrnder section 145 of the 2011 Act- - to follow the procedures laid down in the general Directions given by the Charsty Commission undei section 14515IIL71 of the 2011 Act., and - to state whether particular matters have come to my attention. Basis of indepèndent examinerfs report My examination was carried out in accordance with the general dtrertion5 gNen by the Charity Cofflmission. An examination includes a review of the accountinE records kept by the Charity and a comparison of the aciounts presented with those records. It also inclLides consideration of any unusual item5 or disclosu￿S the accounts, and seeking explanations from vou as trustee5 concerning any such matter5. The procedures undertaken do not prowde all the evidence that would be required tn an audit and consequently no opinion is given as to whether the accounts P￿sent a 'true and fair view, and the report is limited to those matters Set out in the next statement. Independent examinerfs statement In connection wtth ffly examination. no matter hès come to my attention.. 111 which give5 me reasonable cause to belFeve that in any material ￿spect the requirements.. - to keep accounting records in accordance with settion 130 of the char￿leS Act 2011.- and - to prepare accounts which accord with the accounting record5 and comply with the accounting requirements of the 2011 Act have not been met.. or 121 to which. in Thy opinion, attention should be drawn tn order to enable a proper understanding of the accoLtnts to be reached. 23 College Street Lampetef Ceredigion SA48 7DY Date... Page 6 Tregaron Family Cent Statement of Financial Activitie5 for the Year Ended 31 March 2025 (Including Income and Expendlture Account and Statement of Total Recognised Gains and Losses) Tvtsl 2025 Total 2024 Fund5 Funds Note Income and Endowrnents from: Donations and legacie5 Fundraising intotne Trading Income 217 61.758 61.975 26.353 Total Income 217 61.758 61.975 26,353 Expenditure on= RaisitTrg funds Charitable activities 101 101 101 I44,￿0} 101 144,1501 133.3771 Total Expendi[￿re 101 144,1501 144.1501 133,3771 Net lexpendituiellincome 217 17.608 17.825 17,0241 Net movement in funds 217 17.608 17.825 17.024 Transfers bewteen fund5 101 Reconciliation of funds Toial funds brought fO￿ard 19,279 10.148 29.427 37.491 Total lunds carried forward 19.496 27,756 47.252 30,467 Unrestricted Funds Restritted Funds Total 2024 Total 2023 Note Income 3nd Endowments from: Donations and legacies Fundraising income Trading Income 2.705 37.072 39.777 26.3S3 Total Income 2,705 37.072 39.777 26.353 Expendbture on: Raising funds Charitable activities 101 101 101 140.8171 101 133,3771 140,8171 Total Expendtture 101 140.8171 140,8171 133,3771 Net lexpenditurellincorne 2.705 13.7451 11,040 17 0241 Net movement in fvnds 2.705 13.7451 11.0401 17.0241 Transfer5 bewteen hjnds 740 740 Reconciliation of funds Total fund5 brought forward 15.834 14.633 30.467 37.491 Total fund5 carried fotward 19.279 Page 7 10.148 29,427 30,467 Tregaron Family Centre (Registration number: 1168620) Balance Sheet as at 31 March 2025 2025 2024 Note Current assets Debtors Cash at bank and in hand 4.342 44.474 48.816 37.691 37,691 Creditors: Amounts falling due within one year 115641 182641 Net assets 47.252 29,427 Funds ot the Charity: Unrestricted funds Restrirted funds 19.496 27.756 19.279 10.148 Total funds 47,252 29,427 The financial statements on pages 8 to 13 were approved by the trustees. and authorised for issue on . and signed on their behalf by.. Trustee (QLLUI ne£ Page 8 Tregaron Family Centre Notes to the Financial Statements for the Year Ended 31 March 2025 l. Account4n£ policies Statement of compliance The financi31 statements have been prepared in accordance with Accounting and Reportine by Charities-. Statemellt of Recommended Practice applicable to charities preparing theii accounts in accordance wilh the Ftnancial Reporttng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffettrve l January 20151- Icharities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ifeland IFtIS 1021 and the Chartties Act 2011 Basis of preparation Tregaron Family Centre meets the definr(ion of a public benefitentity under FRS 102. Assets and liabilities are initially recognised at historical cost or tfhn53(Èion value unle55 Othefwtse stated in the relevant accounting policy notes. Exemption from preparlng a (ash flow ststement The charity opted to adopt Bulletin I published on 2 February 2016 and have therefore not included 3 cash flow statement in these finaftcial Statements. Goiwtg concern The trustees considerthèt there are r*0 material uncertainties aboLJt the chariW5 abilrty to continue as a going concern. Income and endowments Inve5tmentincome Dividend5 are recognised once the dividend has been ￿e￿a￿d and rsotification has been received of the dÈvidend due. Expenditure All expendtture 15 recognised once there 15 a legal 0rconslruct￿e obligation to that eipendtture. it Is probable settlement 15 requTrTed and the amount can be measured reliably. c05t5 are allocated to the appIl￿ble expend*ture heading thai aggregate similar costs to that C2tegory. Where costs cannot be directly attributed io particular hea¢Jsngs. they have been allocated on a basis conslstent with the use of resour£es, with central staff costs allocated on the basis oltime spenL and dep￿latIOn charges allocated on the portion of the asset's Use. Other support costs are allocèted based on the spread of staff costs. Charitable octivities Charitable expenditure comp¥tse5 those costs incurfe(I bythe charity in the delNery of it5 3Ctivities and ser¥ices for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indsrect nature necessary to support them. Governance costs These include the costs attributèble to the charity's compli3nie with constitutional and sratutory requirements. including audtt, strategic mar$3gement and trustee's meetings and TÈimbEkf5ed expenses. Taxation The charity is conssdered to Pa55 the tests set out in Paragyaph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity is potentially exempt frtsm 13xation in spect of income or capital gains ￿ceived within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Att 1992. to the extent that such income or gains are ap￿led exclusively to charitable purposes. P3ge 9 Tregaron Famtly Centre Notes to the Financtal Staternents for the Year Ended 31 March 2025 (continued) Cash and cash e4vFvalents Cash and cash equwalents comprise cash on hand and call deposits. and other short-iem) highly Itquid investment5 that are Teadily convertible to a known amount of cash and are subject to an insignificant risk ol change in value. Trade £redltors Are obligations to pay for goods or services that have been acouired in the ordinary course of busin￿5 from suppliers. Account5 payable are classified as CUTrent liabilities if the doe5 not have an unconditional rrght, at the ertrd of the reporting period, to defer settlement of the creditof for at least twelve fflonths afterthe reporknng date. If there is an unconditional right to defer settlement for at lÈast twelve months after the reporttng date. they are presented a5 non-current liabilities. Are recognised initially al the transaction price and subsequently measured * amort15ed cost using the effective it7teresr method. Borrowings Interest-bearing borrowtngs are initièlly recorded atfa5Iwalue, net of transaction costs. Interest-bearine borrowings are subsequentlv carried at amort15ed cost, with the difference between the proceeds, net of tTall5action costs, and the amount due on redemption being reCog￿lSed a5 a charKe to ihe Statement of Financral Acttrvities o¥er the period of the relevant borrowing. Inte￿5t expense is recognised on the basis of the effertive Énterest method and is included Tn interest payable and similar charges. Borrowings are classified a5 current l*abilities untess the charity has an unconditional right to defer settlement of the liability for at least twelve months after the ￿pOrting d31e. Fund structure Unrestricted inctsrne funds are general fund5 that are available for use at the trustee's discretion in furtherance of the objectives of the charitv. Oe5*gnated funds are unrestrirted funds set astde lor spectftc purrM)ses at the discretion of the trustee Restricted income ftands are those donated for use in a particular area or for specific puw05es. the use of which is restricted to that area or purpose. Page 10 Tregaron Family Centre Notes to the Financial Statements for the Year Ended 31 March 20251continued) 2. Expendwture on charitable activities Unrestrirted Fund5 Restricted Total Total Funds 2025 2024 Activity Costs AdvertisinglPfomotion Consultancy F￿nance Costs Health and Safety Miscellaneous Expenses Office Expenses Petty Cash Professional Fees Rent and Rates Repairs and maintenance Salary StNall Items of Eouipmeftt Support costs- Governance Support costs- HR Telephone Training Repaymant to Lottery 8.318 8.318 9.447 503 302 1.926 3.396 503 302 1.926 3.396 1,687 2.963 27.519 27.519 24,144 1.367 510 309 1.367 510 309 962 1.080 336 198 Totsl charitable payments 44,150 44.150 40.817 2. Pension scheme5 The charity operates a pension scheme with NES[ afbd 15 compliant wFth the requrrernents of Auto Enrolment. 3. Analysis of governance and support costs Raising Funds Charitsble Attsvities 2025 2024 Governance cost5= Finance Costs HR 1.367 1,367 962 510 510 1,080 Total support Costs 1.877 1,877 2,042 Costs are allocated directlv_ 4. Salaries The average number of employees in the year. caculated on a fisll-time equivalent basis wa5 212024- 21. The total salary payments We￿ £27.51912024- £24,1441_ The￿ were higher paid employees. 5. Trvstees remuneration and expenses No trustees. nor any pefsons connected with them, have received any remuneration from the charity during the ye3r. Page 11 Tregaron Family Centre Notes to the Financial Statements for the Year Ended 31 March 2025 Icontinued) 6. Fund5 BIFwd Incomt Expemditure Transfers C/Fwd Restrirted Funds Familtes First Familie5 First- Underspend Garfield Weston Healthy Pre-school Fund Whilen Y Porthmyn- Warm Spaces CAVO Loittery Foyle Foundation Postcode Twst 4.550 2.51x1 14.5491 12.5WI 5,000 227 37 86 10,136 3,769 8,500 57 170 101 1471 114,2631 121.5601 11.2311 10.(K$7 4.342 31.696 Total Restricted Funds 10.148 61,758 144,1501 27,756 Unrestritted Funds 19.279 217 101 101 19.496 Total Funds 29,427 61.975 144.1501 47,252 7. Cash in 8ank and in Hand B/Fwd Movement Tranrfers CIFwd Community Account- I Community Account- 2 Perty Cash 25.816 11.727 148 8.707 11.9251 101 1.926 3.851 32.598 11.727 149 11.9251 6.782 37,691 44.474 Page 12