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2024-03-31-accounts

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From To 01 April 2023 31 March 2024

Section A

Reference and administration details

Charity name

The Hwb Torfaen

Other names charity is known by

Registered charity number (if any) 1175585

Charity's principal address

69-70 Broad Street,

Blaenavon

Torfaen

Names of the charity trustees who manage the charity

Postcode NP4 9NH

March 2012

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1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
**to appoint trustee(if any) **
Mark Price Chair
Lindsay Evans Treasurer
Gareth Davies Vice Chair
Emma Warren Secretary

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information) Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information) Daniel Oliver (Manager)

Section B Structure, governance and management

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Description of the charity’s trusts

Type of governing document
eg. trust deed, constitution
(
)

How the charity is constituted
)
eg. trust, association, company
(

Trustee selection methods
)
eg. appointed by, elected by
(


Constitution

Governing Document (Constitution)


Elected by
Trustee’s at general meeting.

Additional governance issues (Optional information)

The Hwb Torfaen is governed by a board of Trustee’s. The board You may choose to include members are appointed by election from the membership of charity. additional information, where relevant, about: New board members have an informal induction with the manager of the Hwb to introduce them to the organisation and then given the policies of policies and procedures the Hwb to study and retain, which includes charity trustee responsibilities. adopted for the induction and All trustees are asked to sign a conflict of interest’s document, which is training of trustees; retained by the board’s secretary. Any training is received through Torfaen the charity’s organisational Voluntary Alliance. structure and any wider network with which the charity The organisation of the charity and overarching risk management is the works; responsibility of the Board of Trustee’s. The Board carries out the management of the charity and may exercise all such powers of the relationship with any related charity. parties; trustees’ consideration of major CEO of the Hwb Torfaen make decisions on the daily operations of the risks and the system and organisation, including financial decisions on budgets that have been procedures to manage them. approved, and reports to the board a minimum of quarterly to update and gain approval to any major changes to projects or budgets.

Section C Objectives and activities To advance in life and relieve needs of young people in Blaenavon and the Summary of the objects of the surrounding areas through: charity set out in its governing document

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

March 2012

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The Hwb Torfaen has provided the provision of a 5 day a week youth service and associated activities to support the young people and community of Blaenavon and the surrounding areas. It works with young people and the community to:

(a) the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life;

(b) providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.

The trustees of the organisation have followed the guidance of the charity commission and all activities are undertaken for the sole purpose of public benefit.

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Additional details of objectives and activities (Optional information)

Section D

Achievements and performance

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Section D

Achievements and performance

Summary of the main achievements of the charity during the year

March 2012

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HWB Blaenavon –

HWB youth club continues to engage up to 60 young people each evening and is a thriving community hub in the heart of the town. The huge capital investment has ensured that the space is fit for purpose and is looking better than ever.

HWB at Woodlands – We have completed phase one of our capital project with the Lottery Grant and have submitted a CFG frant to complete phase 2.

We are currently working on making the site carbon neutral, we have been awarded funding for Solar and batteries and efficient heating to reduce C02. All of which will be installed 2025.

HWB’s World Heritage Youth Ambassadors program has continued after the funding has ended thanks to smaller grants, we are working up our nect HLF grant to be submitted 2025.

We have received our Investing in Volunteers award.

a

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Section E Financial review

The charity is in our 6[th] year and have a reserves policy. Brief statement of the charity’s policy on reserves

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);

how expenditure has supported the key objectives of the charity;

investment policy and objectives including any ethical investment policy adopted.

Section F

Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Mark Price Secretary, Chair, etc) Chair Date 24/01/2025

March 2012

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The HWB Torfaen

Annual Accounts

Year ended 31st March 2024

The HWB Torfaen

Year Ended 31st March 2024

Index

Independent Examiners Report Trustees Report Financial Accounts Statement of Assets & Liabilities

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HWB TORFAEN

FOR THE YEAR ENDED 31ST MARCH 2024

Respective responsibilities of trustees and examiner

The trustees are responsible for the preparation of the accounts. The charity's trustees consider

that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Ac and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Char Commissioners. An examination includes a review of the accounting records kept by the char and a comparison of the accounts presented with those records. It also includes consideratio any unusual items or disclosures in the accounts, and seeking explanations from you as truste concerning any such matters. The procedures undertaken do not provide all the evidence tha would be required in an audit, and consequently no opinion is given as to whether the accounts prese a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention to indicate that:

(1) Accounts have not been kept in accordance with section 386 of the Companies Act 2006.

(2) The accounts do not accord with such records.

(3) Where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006,or are not consistent with the Charities SORP (FRS 102)

(4) Any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.

Signed - S Lewis Susan Lewis FCCA 6 Park Road Newbridge Newport. NP11 4RF

Date: 16th January 2025

The HWB Torfaen

Accounts for the year ended 31st March 2024 Restricted
2024
20542
0
53
10000
0
50000
0
25093
7875
11000
181050
0
500
19550
0
32415
0
13727
39270
Unrestricted
Total
Total
2024
2024
2023
52275
72817
105302
0
50300
53
0
10000
0
0
219
50000
52000
0
20000
25093
73694
7875
0
11000
0
181050
21750
0
7578
500
0
19550
1500
0
500
32415
35200
0
500
13727
22295
39270
0
Total

Opening Balance at 1st April 2023
INCOME
BBC Children in Need
CAF
CF Wales
Covid Relief Donation
Croesyceiliog & Llanyravon Community Council
Garfield West Foundation
Heritage Lottery Fund (HLF)
HWB Torfaen
Moondance
National Lottery Fund
Padel Centred Ltd
Pobl Trust
Torfaen CBC
TVA youth Grant
UK Youth Grant
Unison
WCVA - Volunteer Fund
WCVA - Landfili
EXPENSES
Salaries & Wages
Training
Covid Relief Community Support
Staff & Volunteer Expenses
Equipment
Evaluation
Capital Development
Projects and Activities
Maintenance
Marketing
Sessional Staff
Foodshare
Other Costs
Closing Balance at 31st March 2024
2023
390533
411075
202600
1924
0
2890
5276
4078
132789
22508
0
1930
12044
4444
165
390648
0
390533
285536
52275
463350
390838
202600
213338
1924
2667
0
4188
2890
3005
5276
6771
4078
5000
132789
29104
22508
35973
0
0
1930
2705
12044
15068
4444
0
165
202
0
390648
318021
20427 52275
72702
72817

The HWB Torfaen

Statement of Assets and Liabilities at 31st March 2024

Assets
2024
Restricted
Current Assets -
Current Bank Account
20427
20427
Liabilities
0
Net Assets at 31st March 2024
20427
Assets
2024
Restricted
Current Assets -
Current Bank Account
20427
20427
Liabilities
0
Net Assets at 31st March 2024
20427
2024 2024
2024
Unrestricted
Total
52275
72702
52275
72702
0
0
52275
72702
2023
Total
72817
72817
2023
Total
0 0
20427 72817

The HWB Torfaen

Notes to the Accounts

INCOME

RESTRICTED FUNDS

The HWB received the following restricted funds for the year ended 31st March 2024

Moondance Foundation
Torfaen County Borough Council Grant
CF Wales
Pobl Trust
WCVA
National Lottery Fund
Heritage Lottery
CLCC
CAF
UK Youth
HWB Torfaen
Total
11000 Camera project and casual staff wages costs
19550 Grant to build a new permanent home for, develop the
resilience of our Foodshare
10000
Activity and project costs for Blaenavon Open access youth
club, suppoting over 200 young people and delivering over
150sessions per year.
500 Gardening and Community project
52996 Grant to develop Woodland Road site to become energy
efficient and meet the needs of our communities. Grant
includes solar panels and bike scheme.
181050 Revenue and Large - scale capital build at Woodland Road
Cwmbran
25093 Final Draw Down of World Heritage Youth Ambassador Grant
50000 Croesyceiliog and Llanyravon Community Council Annual
Contribution for the rnning costs of Woodland Road
53 32
Expenses for Heritage Day for refreshments and snacks for
50+ volunteers using the HWB as a base for the event.
32415
Young Minds Project. This is funding for year 2 of a 3 year
project, the provision is to improve mental health and
wellbeing for young people in Blaenavon.
7875 Wages and salary costs
390532 32

The HWB Torfaen

Annual Accounts

Year ended 31st March 2024

The HWB Torfaen

Year Ended 31st March 2024

Index

Independent Examiners Report Trustees Report Financial Accounts Statement of Assets & Liabilities

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HWB TORFAEN

FOR THE YEAR ENDED 31ST MARCH 2024

Respective responsibilities of trustees and examiner

The trustees are responsible for the preparation of the accounts. The charity's trustees consider

that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Ac and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Char Commissioners. An examination includes a review of the accounting records kept by the char and a comparison of the accounts presented with those records. It also includes consideratio any unusual items or disclosures in the accounts, and seeking explanations from you as truste concerning any such matters. The procedures undertaken do not provide all the evidence tha would be required in an audit, and consequently no opinion is given as to whether the accounts prese a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention to indicate that:

(1) Accounts have not been kept in accordance with section 386 of the Companies Act 2006.

(2) The accounts do not accord with such records.

(3) Where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006,or are not consistent with the Charities SORP (FRS 102)

(4) Any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.

Signed - S Lewis Susan Lewis FCCA 6 Park Road Newbridge Newport. NP11 4RF

Date: 16th January 2025

The HWB Torfaen

Accounts for the year ended 31st March 2024 Restricted
2024
20542
0
53
10000
0
50000
0
25093
7875
11000
181050
0
500
19550
0
32415
0
13727
39270
Unrestricted
Total
Total
2024
2024
2023
52275
72817
105302
0
50300
53
0
10000
0
0
219
50000
52000
0
20000
25093
73694
7875
0
11000
0
181050
21750
0
7578
500
0
19550
1500
0
500
32415
35200
0
500
13727
22295
39270
0
Total

Opening Balance at 1st April 2023
INCOME
BBC Children in Need
CAF
CF Wales
Covid Relief Donation
Croesyceiliog & Llanyravon Community Council
Garfield West Foundation
Heritage Lottery Fund (HLF)
HWB Torfaen
Moondance
National Lottery Fund
Padel Centred Ltd
Pobl Trust
Torfaen CBC
TVA youth Grant
UK Youth Grant
Unison
WCVA - Volunteer Fund
WCVA - Landfili
EXPENSES
Salaries & Wages
Training
Covid Relief Community Support
Staff & Volunteer Expenses
Equipment
Evaluation
Capital Development
Projects and Activities
Maintenance
Marketing
Sessional Staff
Foodshare
Other Costs
Closing Balance at 31st March 2024
2023
390533
411075
202600
1924
0
2890
5276
4078
132789
22508
0
1930
12044
4444
165
390648
0
390533
285536
52275
463350
390838
202600
213338
1924
2667
0
4188
2890
3005
5276
6771
4078
5000
132789
29104
22508
35973
0
0
1930
2705
12044
15068
4444
0
165
202
0
390648
318021
20427 52275
72702
72817

The HWB Torfaen

Statement of Assets and Liabilities at 31st March 2024

Assets
2024
Restricted
Current Assets -
Current Bank Account
20427
20427
Liabilities
0
Net Assets at 31st March 2024
20427
Assets
2024
Restricted
Current Assets -
Current Bank Account
20427
20427
Liabilities
0
Net Assets at 31st March 2024
20427
2024 2024
2024
Unrestricted
Total
52275
72702
52275
72702
0
0
52275
72702
2023
Total
72817
72817
2023
Total
0 0
20427 72817

The HWB Torfaen

Notes to the Accounts

INCOME

RESTRICTED FUNDS

The HWB received the following restricted funds for the year ended 31st March 2024

Moondance Foundation
Torfaen County Borough Council Grant
CF Wales
Pobl Trust
WCVA
National Lottery Fund
Heritage Lottery
CLCC
CAF
UK Youth
HWB Torfaen
Total
11000 Camera project and casual staff wages costs
19550 Grant to build a new permanent home for, develop the
resilience of our Foodshare
10000
Activity and project costs for Blaenavon Open access youth
club, suppoting over 200 young people and delivering over
150sessions per year.
500 Gardening and Community project
52996 Grant to develop Woodland Road site to become energy
efficient and meet the needs of our communities. Grant
includes solar panels and bike scheme.
181050 Revenue and Large - scale capital build at Woodland Road
Cwmbran
25093 Final Draw Down of World Heritage Youth Ambassador Grant
50000 Croesyceiliog and Llanyravon Community Council Annual
Contribution for the rnning costs of Woodland Road
53 32
Expenses for Heritage Day for refreshments and snacks for
50+ volunteers using the HWB as a base for the event.
32415
Young Minds Project. This is funding for year 2 of a 3 year
project, the provision is to improve mental health and
wellbeing for young people in Blaenavon.
7875 Wages and salary costs
390532 32