## **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## **1[st] April 2023 to 31[st] March 2024** ## **ACHIEVEMENTS** This report covers the period April 2023 to March 2024, during which time Dŵr Anafon continued to make grants available to the communities of Abergwyngregyn and Llanfairfechan, agreeing just over **£28,500** in aid during the period as detailed below. Income consisted of **£728,554** . Grant awards agreed in the period included **£3692** towards new kit for Llanfairfechan Football Club in July, **£1400** to Baby Actif Snowdonia to assist towards their well-being programs and talks, **£500** towards a litter picking station on Llanfairfechan seafront, **£4800** to Llanfairfechan Golf Club for new windows (following half the club being refitted in the previous year), and **£1084** to ARC for new tables at Yr Hen Felin. The Warm Spaces (and meal) initiative in Abergwyngregyn was repeated over the winter months, and several Energy Efficiency Improvement grants totalling **£15,200** in Abergwyngregyn were made. In March 2019 the project **Energy Saving Aber** was launched in Abergwyngregyn, with the aim of improving the energy efficiency of homes in the village. In 2023/2024 (due the charity holding extra funds, post-covid) the trustees capped grants at (just over) £15,000 and based on current annual income anticipate a similar, if not slightly higher, cap in 2024/2025. **Four hardship grants,** totalling £ **1,842** were agreed to be made to residents of Abergwyngregyn. Such crisis grants are restricted to people living in Abergwyngregyn. Overheads and running costs amounted to approx. **£498** whilst bank interest generated was approx. **£4500** ## **A copy of the Dwr Anafon Accounts for 2023-2024 is attached.** ## **KNOWN COMMITMENTS in 2024/2025** Hen Felin for the Winter Warmers **£1,074** , Llanfairfechan Players **£1,300** , Aber Defibrillator **£2,153** plus fitting cost. There is likely to be a grant application from Llanfairfechan Croquet Club, along with Llanfairfechan Town Hall for a solar power installation. The Bank Balance for Dwr Anafon as at 31 March 2023 was **£681,237** of which **£570,000** is ringfenced for Aber capital projects. Take up of the Energy Initiative is expected to remain positive. Running costs of the Charity, Insurance, Bank Charges, sundry expenses etc, are expected to be in the order of £500 ## **OBJECTIVES OF DŴR ANAFON** To further such charitable purposes for the general parish of Abergwyngregyn, including the community adjacent to Crymlyn and the parish of Llanfairfechan as the trustees shall think fit and appropriate. To provide grants for projects or activities that are of community benefit and meet at least one of the charity’s objectives. In crisis situations to provide a small grant of up to £500 to an individual or family. The trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** Dŵr Anafon is a Charitable Incorporated Organisation (CIO) Foundation model, where the members are the trustees. It is governed by a constitution. An application to be a trustee is considered and voted on by existing trustees. There may be no more than 12 trustees at any one time. There must be at least one trustee from Abergwyngregyn and one from Llanfairfechan at any time. Dŵr Anafon’s Charity Registration Number is 1172866 and its address Yr Hen Felin, Abergwyngregyn, Llanfairfechan, Gwynedd, LL33 0LP. The charity’s trustees during this financial year were: Gareth Owen Chairman George Mair Secretary Aziz Maki Treasurer Charles Bishop Laura Fielding Elizabeth Gatehouse Wynne Griffith John Hulme Jenny Jones Alwyn Nixon Rita Roberts J Nick Rushbrooke CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts ..I"Section A Independent Examiner's Report Report to the trusteesl members of OWR ANAFOR On accounts for the year ended 31ST MARCH 2024 Charity no (if any} 1172866 Set out on pages 1 OF1 I report to the trustees on my examination of the accounts ofthe above charity Ilhe Trust") for the year ended 3110312024 Responsibilities and As the charity Iruslees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance wilh the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)(bl of the Act. I have completed my examination. I confimi that no material mallers have come to my attention (other than that disclosed below ") in Gonnection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with Ihe accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper underst nding of the accounts to be reached. Plea delet the words in the brackets if they do not apply. Signed: Date: ZJli 24)¥ Name: i￿+trL Relevant professional qualificationlsl or body (if any): Address: IER October 2018 Dwr Anafon Statemenl ofAccount For The Year Ended 31st Mareh 2024 Current Account Income: Current Aeeollnt Expenditure: Brought Forward I st April 2023 191.800.47 Grants 47,240.19 Grants received 530,000.00 Truste¢ Insurance 322.31 V AT Refund 2.754.48 Web Design 103.00 Transfer from Savings Account 4,000.00 Sundry Exp¢nse 150.00 Bank Charges 72.00 Transfer to Savings Account 530.000.00 728.554.95 577,887.50 Ca￿led Forward 31 st March 2024 150,667.45 728,554.95 728,554.95 Savings Account In¢ome: S*vings Aeeount Expenditure: Transfers from Currrent Account 530,000.00 Transfers lo Current Account 4,000.00 Interest Received 4,570.05 534.570.05 4.000.00 Carried Forward 31 st March 2024 530,570.05 534,570.05 534,570.05 Funds at 31st March 2024 Bank Balan¢e- Current Account 150,667.45 Bank Balance - Savings A¢count 530,570.05 681237.50 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts ..I"Section A Independent Examiner's Report Report to the trusteesl members of OWR ANAFOR On accounts for the year ended 31ST MARCH 2024 Charity no (if any} 1172866 Set out on pages 1 OF1 I report to the trustees on my examination of the accounts ofthe above charity Ilhe Trust") for the year ended 3110312024 Responsibilities and As the charity Iruslees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance wilh the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)(bl of the Act. I have completed my examination. I confimi that no material mallers have come to my attention (other than that disclosed below ") in Gonnection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with Ihe accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper underst nding of the accounts to be reached. Plea delet the words in the brackets if they do not apply. Signed: Date: ZJli 24)¥ Name: i￿+trL Relevant professional qualificationlsl or body (if any): Address: IER October 2018 Dwr Anafon Statemenl ofAccount For The Year Ended 31st Mareh 2024 Current Account Income: Current Aeeollnt Expenditure: Brought Forward I st April 2023 191.800.47 Grants 47,240.19 Grants received 530,000.00 Truste¢ Insurance 322.31 V AT Refund 2.754.48 Web Design 103.00 Transfer from Savings Account 4,000.00 Sundry Exp¢nse 150.00 Bank Charges 72.00 Transfer to Savings Account 530.000.00 728.554.95 577,887.50 Ca￿led Forward 31 st March 2024 150,667.45 728,554.95 728,554.95 Savings Account In¢ome: S*vings Aeeount Expenditure: Transfers from Currrent Account 530,000.00 Transfers lo Current Account 4,000.00 Interest Received 4,570.05 534.570.05 4.000.00 Carried Forward 31 st March 2024 530,570.05 534,570.05 534,570.05 Funds at 31st March 2024 Bank Balan¢e- Current Account 150,667.45 Bank Balance - Savings A¢count 530,570.05 681237.50