Ch&rRtv Registration Number 1171621 Lee Gardens Pool Commlttee LIO Charitable Incorpornted Organlsatfion Independent Exgminers Report & Aceouuts for the year ended 31 March 2Q24
l£e GardeJ]5 Pool Committee CIO Charlty Infornlation Tnjstees Diane Locke BatbaTa t£51ey Furlong Ideceased November 2023) Joanne Neads Adam Stephen Fox Cara Jane Taylor Susan Grandon Secretary Diane LK)eke Chry Number 1171621 Registered Office 12 Railway Terrace Pellrhwcelber Mountain Ash CF45 3ST Accountants R H Jeffs & Rowe Ltd Chartei'ed Accouniants 27128 Gelliwasiad Road Ponrypiidd CF37 2HW Bankers L]oyds Bank
Lee Gardens Pool Commlttce CIO Contents PAge Tnjstees ReporE tndependettt Examinerfs Report Statement of Financial Activities Balante Sheei io Notes 10 the Fillaneial Staiemenrs 11.14
Lee Ggrden5 Pool Committee CIO Trustees, rewbrt for the year ended 31 March 2024 The irusiees present their report and the financial statements for the year ended 31 Mairh 2024. The financial statements have been prepared in a¢¢ordance with the accounting policies Set out in Note I to the accounts {Page 61. Constitution gnd Objects The Chartty is governed by a Charitable Incoiwi?ted Organisation (CIO) Foundation document registered on the 15th Febuary 2017 tlie charity registi'ation nutnber is 1171621. The objects of the CIO are as follow5.. To promote for the benefit of the inhabitanis of Peni'hiwceiber and the SUOul1ding area the provision of facilities by reason of theii. youth, agc, infjrniity oi. disablement. financial hardship or social and econornic circumstances. oi" for the public at large in the interests of social welfare and with the object of improving the condition of life of tlie said inhabitsnts. The trustees have referred to the guidance given by tlie Charity Comniis5iOt] on public benefjt when reviewillg the charity's aims and objectives and details of ihe aciivities that have tsken place durinu the year can be found later in this report. Organisational Structure The trustees who have served the charity during the rIOd are shown on the information page. The Charity is responsÉble for maintaining the grounds and its Colltents in a sustable state of repair for use by those who live in the surrounding area. It raises income through fundiaising, grants and donations. A small tuck shop also provides a small income as does the sale of piE-loved iteni5. New trustees are selected owing to the skills needed. Financial Revitw Total incoming resources for the period catne to £li5,9?J. This came fi'om ndraiSIng activities, grants and donations. £164,083 has been expended leaving nei outgoing resources for the yeai. of £28,160 with £?2,465 also capitslised into fixed asseL% during the year. Rei'itw Of Activities Lee Gardens Pool Committee work hard to provide a range of weekly activitie$ 3nd seasonal events to benefit the inliabitanL5 of PeiiThiweeiber and the suri'ounding aieas. Tl)e activities al'e free and are inieiided to reduee loneliness and isolation and increase participation within the local community. Trdining OppornitieS are also available which enable people to gain skills to help them access eniployment or becoine more inforined volullteei's. The on-sitc tuck shop provides refreshments at a very reonable price. Activities are held throughout the year to engage with individllals, families and the elderly. Page I
Lee G3rden8 Pool Committee CIO Trustoes, report for ¢he year ended JI March 2024 Aehievejnents & Performanee As a charity we've been working hard to athieve our aim. which is to reduee the impact of poverty, loneliness and isolation. Our activities are free to access. The biggest of our activiÉies is the pool opening period. During this period our pool was open for 40 consecutive days which saw 717 children and 460 adult5 rnake 4,720 attendances at the pool. This activity was run by a team of 21 volunteers and I staff member. We trained three volunteer lifeguards his year; these young ladies were children when our organisation was fornied and they helped paint, clean and swecp pool and grounds in r¢adiness to opeTt in our first y¢or- 2016. Throughout the year we have continued to run our w¢ckly Knit & Natter, Quilling and Crafting groups as well as oui. weekly table sale and dropin. Our community Fridge and wami hub have been very successful in providing fo(Kl and a warni space for people 19 get together. The Christtnas lunch¢s provided 100 people with a free 3-course meal. We continue to provide free pre-loved School unifomi. period products and energy saving LED light bulbs. Parthership working is important to us and we have continued to run our Fit & Fed project in partnenhip with St Winifred's Church. This project is an initialive of Street Games and provide5 sporting ttctivities and free food to children during the school holidays. Other partners includeAge co[e¢ts Morgannwg, Citizens Advice, RCT Together, and Communities for Work Plus who provide sUPPOrt and training. We benefit by generou5 donations frorn Asda, Tesco, Cfrop, Farni Fts(5 8nd Betterbuy5 As well as those from individuals. We are very grateful to the many funders who have helped us establish our charity. The community has embrnced the Valleys Re-Told project with Amgu¢ddfa Cymnblmuseum Wale5. This is a two-year project which began in 2022. We've been gathering artifacts and trinket5 to put on displ&y and selecting art-work from the museum to ¢xhibit in our cornmunity. There will b¢ more to report on this next y¢ar a5 we bring the project to a close with our very own Penrhiwceiber Art Trnil and The End of the Trail ShowT As well as weekly aetivities ther¢ have been a number of events to bring the eommunity logdher. Th¢s¢ in¢lud¢ Halloween, Memorial PKsenlation Christmas Lights, Santa's Sleigh Ride and Grotto, Easter Activities and for this year the King's Coronalion Activities. We work closely with IoL*I schools who join in with our Activhties. We were sad to lose two of our truste£s' Barbara Furlong who passed away in NoVeMr this year and Elaine Atherton who passed away last year. Both ladies are greatly rnissed and it wa5 sad Dot to k able to share the following news with them. On 6th December 2023 Petjrhiwceiber Old Age Centre became our group's second Community Asset Transfer (the pool bcing the first in 2018). With Levelling Up funding secured from the Local Authority and Welsh Government and with support from Trivallis Housing Association, Davies Brothers Wales Ltd began refurbishment works. The buildings name w&$ changed to Penrhiwceiber Welcome Centre, which reflects its openness to everyone in the colntnunity. The cherry on the cake for this r¢porting rIOd being awarded the Kings Awdrd for Voluntary 8ervice. This award is equivalent to an MBE for groups and we are extremely proud to achieve it. We tould not have done this without the hard work and dedication of every one of our volunieers and staff who run activities and carry out repair5 and maintenanc¢. Pale Z
IKe Gardens Pool Committee CIO Notes ¢0 tbe fin#neial statements for the year ended 31 Mareh 2024 Below are a few phOtOaphS to demonstrat¢ some of our activities. Pool Season Summer 202J Knit & Natter Halloween Page 3
ike G8rdeDS PODI Committee CIO Note5 to the financial 5t*tements for the year ended 31 Mareh 2024 1,11 OutdooT Dropln Quiet Quillers Table Sale & DroTrln Page 4
Lee Garden8 Pool Committtt CIO Iyotes to the fiTh#ncial statements for the year eThded 31 March 21124 Cosy Cwteh Crafters Valleys RTold at Cardiff Museum Cosy Cwtch Warm Hub Page 5
Lee Garden$ Pool Committee CIO Note$ to the financial statements for the year ended 31 March 2024 Investment Policy The ch£trity's liquid assets havc beell placed in a cU¢t a¢counL thus keeping the monies readily available should they be i'equired Reserv¢$ Policy Il is the policy of the trustees to maintain unrestricted funds which are the free reserves of the charity, at a level to provide Sufficient funds to cover anticipated admini5tt3tion and support costs. Any additional reserves are held to provide acapitsl fund for Tepaits that will be reqllired to upkeep the facility. The trustees understand that reseiwes will need to be increased to continue with the ongoing maintenance ofihe swimming pool. On 6th December 202) Lee Gardens Pool Committee completed its second Community AssetTran5fer froni the Local Authority by taking out a 25 year lease on Penrhiwceiber Old Age Centre. On Jrd January 2024 refurbishment woi'ks began and sliortly afterwards the name of the building was changed to Penrhiwceikr Welcot]ie Centre. The Trusiees are aware of the extra Costs needed to maintain this propeity, as well a5 tlie Pool. However, both buildings provide opportunities for renfal income which can be used for ongoing maintenance. Risk M&n2gement The tru5tee5 are aware of¢he 0ratIonal and firn¢la1 T15ks which the Charity face5 and regularly Teview those risks to mitigate a£ainst any i]npact they may have on the charity. The tn15tees have a healthy volunteer bank which aids in the running of the charity, recrllttt]ient and Succession planning for volunteers and ti'ustees alike is itnportani. Statement of Trustee ResPQll5ibilities Law applicable to charities in England and Wales requii'ed the Trustees to prepare financial statements for each financial Ye which give a true and fail. view of the charily and of the incoming ir50urce5 and application of resources of the charity for that period. In prcp3ring those financial statements, the trustees are required to.. Select suitable accounting policie5 alld then apply them consistently,. * Observe the methods and pi'inciple5 in the Charities SORP., * Make judgements and estimates th2t aTe reasonable and prudellt; St&te whether applicable accounting standards have been followed Subject to any matei'ial departures disclosed and explained in the financial statements; * Pi'eparc the financial 5rat¢ments on the going concern basis unless it is inappi'opriate to presume that the charity will caniinue in operation. Page 6
Lte G#rden$ Pool Committee CIO Notes to the financial statement5 for the y¢*r ended 31 March 2024 The Trustees are also Tesponsible for keeping propeT a¢¢ounting record5 which di5¢1ose with reasonable a¢¢uracy at any time the financEal positloll of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They are also Tespon5ible for Safeguarding the assets of the chaTlty and hence foT taking i'easottable steps for the prevention of fraud and otheT irregularities. This report was approved by the Trustee Board on .12:12.2024 and signed on its behalf by Trustee Page 7
Independent Examiner's Report to the Trustees of Lee Gardens Pool Committee CIO I repoit to the tsustees Dll my exallunation of the financial statements of L£e Gardens Pool Committee CIO fffi. the year ellded 31 mrh 2024 which compTise the Statement of Financial Activities, the Balance Sheet and related notes. Thss report is made solely to the charity's trustees, as i bikly, ill accordance with section 145 of the Charities Act 2011. My work h2$ been undertaken so that I might state to the ch2riry's trustee8 those mattel's l am requiTed to state to them in this report and for no other putP05e. To the fiillest extent permitted by law, I do not accept or assume i'esponsibility to anyolle othei. Ihan the Ch]tY and the charity's rrustees as a body, for my worL for thi5 report, or for the opinion5 1 have fonntd. Responsibilities and Basis of Report As the trustees of the tharity you are responsible for the prePatIOn of the financial statements in accordance with (he requiiEments of the Charities Aci 2011 I'tlie Act'l. l irEM)rt in respect of my exarniDaiion of the charity's finan¢ia] statemelltb canied out under section 145 of the Act 2nd in canying out Y examination I have followed all the applicable Direcitons gkven by the c1]ty Commission under se¢tion 145{5)Ib) of the Act. An independent examination does not involve gathering all the evidence ihat would be required in all audit and consequently does not cover all the n]atte15 that an auditor consider5 in giving theiL opinion on the financial statetnents. The planlling 2nd Conduct of an audit go¢5 beyond the limited assurance that an independent examination can piDvide. Consequenily l expTess no opinion as 10 whether the financial statements pjescnt a and fairf view and my iEPOrt 15 limited to those 5pe¢ific matters set out in the independent examiAe¢s statement Independent Examiner's Statement I have completed my examination. I confirn th2t llo matetial matrers have come tts attention in connection with tELe examinauon givillg Tne ¢ause to believe that in any material respect.. Ll ac¢ounung i'ecords were not kept in respect of the chariry as required by section 130 of the Act: or 21 the financial statements do not accord with those records: or 31 the fillancial statements do not comply wid) the applicable requirements coneernino the forni and content of accounts set out in the Chariti (Aecollnts anol Reports} Regulations 2008 other than any requirement that the a¢¢ounts give a'te ad fair view which is not a matter considered as part of all illdependeTht examination. I have no concerns and have come across no other mattrs in connection wilh the examination to which attention shollld be di'awn in this i'epoit in ordet to ertable a proper undersianding of the financial statements to be reached. FThornaq Bsc FCA on behalf of R H Jeffs & Rowe Ltd Chart.ed A¢¢ountants Pontyptidd IG/iZ IZL Page 8
Lee Garden5 Pool Commlttee CIO Statement of Financial Activities ror the year ended 31 Mgrch 21124 Total year ¢0 31103124 Total year to 31103t23 Notes Unrestricted Restricted Income 8nd Endowments Jrtcoming Resource5 from Charirable Activities.. - Grant5 - Tuck Shop Table Sale Voluntary in¢ome'. GifL%, donations and other incotne 4,447 5,485 7,466 95,794 I,241 5,485 7,466 313,4(bS 4,078 7,8(K) ?9.731 22,731 17.507 Totsl Income and F,ndowments 40,199 95,794 135,923 341.793 Expendlture Charitable Activitie5'. Expendinre on Charitable activities - Govemance CO%L8 25,390 1,680 137,013 162,403 1,680 134.863 1.620 Total Bxpellditure ?7,070 137.013 164.083 136,483 Movement in Total Fllnds for tlie Year: Net IncomingllOutgolng} resources before transfers 13.059 {41,2191 128,160) 206,310 Transfer Between Funds 14,5041 4,504 Net Incomingl{Outgoing) resources 8,555 136,715) {28,1601 206.310 Total Funds Brought Forward 66,915 507.970 574.885 368,575 Totsl Funds Carrled Forward 75,470 471 ?55 546.7 574,885 The siaienient of financial activities includes all gains and 105ses recognised in the ye. All incoming resources and resourtes expended deTive from continuing activities. Page 9
Lee Gardens Pool Committee CIO Ch8rity Number 1171621 Balance Sheet As at 31 March 2024 Notes 2024 21113 Fi%ed Assets Tangible a%sets' 474,982 517,(KJ7 Current Assets Cash at bank and in hand 73.063 59,078 73,063 59,078 Creditors: amollrtts falllng due within one year (1,3201 11,2(N)I Net Current assets 71.743 57,878 Total Assets Itss Currellt Llabilities 546.725 574,885 The Funds of the Charity Unretstricied Funds Restrictrd Fullds 75,470 471955 66.915 507.970 Total CIRarity Funds 540,725 574.885 The note on pages &9 foim part of these accounts. The financial statements were Jpproved by the Trusiee Board on12:12.2024 and signed on irs behalf by-_ Trustee Page 10
e Garden& P(K*l Commlttce CIO Notes to the financial statements for the year ended 3J March 2024 Statuthry Infonnation Lee Gardens Pool CoTnmittee CIO is a Charitable Incorporated Organisation regi.stered with and regulated by the Chariry Commission foi. England and Wales, registi?tion number 1171621. The rtgistered office is l? Railway Terrace, Peni'hiwceiber, Mountain Ash, CF45 3ST. Accounting Policie5 Aceollnting Convention The financial %tatements have been prepared under the historical Cost convention with items re¢ognised ai cost or transaction value unless othcrwise stated in the iElevant note{s1 to these accounts. The financial statements have been prepai.ed in a¢cordanLe with the Siatenieni of Reconunended Pi"actice'. Accounting and Repoiling by Charities preparing their accounts in accoTdance with the Financial Reporting Standai"d applicable the UK alld Republic of treland IFRS 1021 iqsued on 16 July 2014 and the Financial Reporting Standard applicable in the Ulljted Kingdorn and Republic of Ireland IFRS 1021 and the ChaL'Lties Act 2011. The charity consitutes a public benefit entiry as dered by FRS 102. The Tiustees have consided the going concern status of the ¢har5ty over the next year and confii'tn there are no materiaI uneenainties. 1.2. Taxation The Cenire, being a regiSred chariry, has no income that would atri'a¢¢ income 1.3. Incoming Resources All income is recognEsed once the charity has entidement to the income, ir is probable that the incotne will be cieVed and the amount of income receivable Can be meayuird reliably. Donation5 are recognised when the charity has been notified in writing of both the amount and settlement date. 1.4. Fund Accounting The unrestricted funds of the Charity comprise those monies 'hICh arc available to be used towaios the meeiing of die charitable objectiveb of the Charity at the discretion of the Management Committee. The restritted funds are monies raised or re¢eived foi. a specifLC purpose and accounted for in accordance with the donors smposed conditions. Resources Expended Liabilities are r¢cognised as expenditure as soon as there is a legal or constructive obligatiot) commiiting the charity lo that expenditure, IL is pix>bable that setilement will be required and the amount of the obbgation cart be Mellred reliab5y. All expendi¢llie is accounted for oll an accn]als basis. Page 11
l£e Gardens P1 Commlttse CIO Notes to the financial 5tatsments for the year ended 31 March 21124 1.6. Tangible Fixed Awts and Depreciation Depreciation is provided at rate% calculated io write off the cost less residua] value of each asset ovei. irs expectrd useful lif4 as follow5.. Fixtures, Fitting.¥ and Eqllipmeni- IO% per annum on a Strdight Line b&sis for pool improvements 33% pei. annum on a Reducing Balance ba5]5 for other fittings and equipmeni 1.7. Debtors rrade debiois and other debtors are recognised at the settlement atnoiint due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any discounL% due. 1.8. Credltors Ci'ediiors are recogni5ed Whe the chariry has a present obligation resulting fix>tn a past event that w511 probably result in the transfer of fund5 to a third party and the amount due to settle the obligation can be measured or estimated rcliably. Creditors aTe normally recognised ai their settlemellt amount afier allowing foi" any tiade di%collnts due. Tangible Fixed Assets )xtllres, Flttlngb and Eqllipment Total Cost Ai L April 2023 Additions 568,620 22.465 568,620 9?.465 Ai 31 March 2024 591,085 591,085 Dtpreclatlon At L Api'il 2023 Charge for the ye2r 51,613 64.490 51,613 64.490 At 31 March 2024 116,103 116,103 Net Book Values At 31 March 2024 474,982 474.982 At 31 mh 2023 517,007 517,007 Page 12
Lee Gardens Pool Colnmittee CIO Notes to the financial statements for the year ended 31 March 21124 3. Total Expendlture Total Year to 31ffj3124 Total Year to 31103123 B#sls uf Allocation Charllable ACtitieS Governanee Wage% and sa12ries Marketing Room Hi Insurance Light and heal Repairb and maintenance Security eo%t% Pi"inting, postage and sratiottery Life Guard Cosis RCT Shared Prosperity Fund Community Fridge Alex Ferry Foundation Equipinen¢ Cosis Training costs HiTe of Equipment Knii and Knatler Fit and Fed Other Events Feed the Family Wellbeing Packs Ghana Midwife Tuck Shop cost5 Queens Jubilee / Coronatiot] Co8y CCh Legal and profes.sional Accountancy and Payroll Costs. VolullteeT Expenses General expenses Fundraising Costs Depreciation on fixtllres & equ1pnn[ Direct Direct Direct Direct Direct Direct Direci Direct Direct Direct Direct Direci Direct Direct Dire Direci Dire Direct Direct Direct Dire¢i Direci Direct Direci Direct Dire¢i Direct Direct Direct Direct 23,530 L,IY7 71 2,659 717 1,478 4,899 198 585 15,112 23,530 1,197 700 ?,659 717 1,478 4,899 198 585 21,229 636 2,946 654 1.130 759 14.999 3.001 790 9.398 250 4,731 5,516 4,731 5.516 118 45 1.486 3,887 5.218 300 610 4,5( 610 4,504 980 3,017 602 14,013 6,787 980 3,017 602 14,013 6,787 1,080 1,758 2,424 5.6?1 15,150 1,6?0 405 3,568 ,513 34,098 1.680 4,417 1.543 64,49Y) 4,417 1,543 64,490 162,403 1.680 164.083 136,483 Credltors: Amounts Falling Due Within One Year 2024 2023 Accruals 1,320 1,200 Total Creditors IJ2 1,200 Pge 13
Ike Gardens Pool Committee CIO Notes to the finaneial Statements for the yegr ended 11 Mareh 2024 Fund5 Profit and Loxs Account Total At l April 2023 574,885 128,1601 574,885 128.1601 Net lllcoming Resources At 31 Mareh 2024 546,725 540,725 Related Party Transaetlons No related party trat]sactions took place during the year. Restrieted and Designated Funds At 0111I4U3 Incoming Resources Outgoing Trnnsfers Resources At 31103124 Restricted Funds Feed the Family Cotntnuniiy Matters Fulld Pen Rhiw Wind Farni Wiiitei. of Wellbeing Sialf Wages Climaie Action Boost Grant TNCLF Project Hubbub Commllniry Fridge Grani Alex Feiry FoundatEon Cosy Cwtch Family Craft Queens Jubilee Shared Pro%peiity Fund WCVA Landfjll Conununilies Grant (4,504) 4.504 11,419 7,22? 11,419 2,3?3 3,219 (4,899) 3,219 7,915 9,762 448,275 7,000 540 15,788 1.000 5.000 15,398 114,915) 13.4391 158,196) 6,863 405,807 I,ooo 4,549 1,075 223 904 5,883 27,930 4.280 1,754 223 1,506 14,7311 (16,0771 (6021 (26,5441 (3.1061 32,427 31,036 507,970 95,794 1137,0131 4,504 471 ?55 Unrestricted Funds 66,915 127,070) 14,5041 75.470 Total Fund5 574,885 135,923 16A.083 546,725 Page 14