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2022-03-31-accounts

Charity number: 1179468

Company number: CE014815

Borth Community Hub

Trustees' Report and Financial Statements

for the year ended 31 March 2022

Borth Community Hub

Contents

Page
Trustees’ report
2 – 6
Independent examiner’s report 7
Receipts and payments accounts 8
Statement of assets and liabilities 9
Notes to the accounts 9 - 10

1

BORTH COMMUNITY HUB

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

The trustees present their report with the financial statements of the charity for the year ended 31 March 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charitable Incorporated Organisation (CIO)

Charity number: 1179468 Company number: CE014815

Registered Office Borth Community Hub Clarach Road Borth Ceredigion SY24 5LW

Trustees

Mrs Joy Cook Mr Roy Walford Jones Mrs Rona Dalton Mr Ray Quant Mr Hugh Hughes Mrs Margaret Haynes Ms Carol Bainbridge Ms Jackie Bat-Isha (appointed July 2022)

Community Hub Manager

Mrs Helen Williams

Bankers Barclays Bank Plc 9 – 10 Guildhall Square Carmarthen Carmarthenshire SA31 1PW

Independent Examiner

Mark Baker FCCA Davies Lewis Baker Ltd 31 Bridge Street Aberystwyth SY23 1QB

2

BORTH COMMUNITY HUB REPORT OF THE TRUSTEES - continued FOR THE YEAR ENDED 31 MARCH 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Borth Community Hub (formerly Borth Family Centre) is a charitable incorporated organisation (CIO registered number 1179468) governed by its constitution. It was registered as a CIO on 06.08.18. In January 2021 the CIO changed its name to Borth Community Hub as this better reflects the wider work of the charity across the community.

The aims and objects of the charity are in Borth and surrounding districts in the North of Ceredigion.

Appointment of Trustees

Trustees are appointed as set out in the constitution of the charity. Professionals and service users within the community, who have a personal interest in the charity, are invited to join the management committee. Nomination forms are completed and applicants are voted onto the committee as appropriate. Committee members can also be co-opted when appropriate.

Trustee Induction and Training

As part of induction all trustees are DBS checked and shown the relevant documentation regarding the running of the Community Hub.

Organisation Structure

Trustees are consulted on all aspects of accounting, policies and procedures and involved in the decision-making regarding the day-to-day running of the centre and funding applications and the long term vision for the centre. The Manager is responsible for keeping order of files, office work and over-seeing all other day-to-day activities at the centre as well as the management of staff, accounts, funding applications and strategic planning.

Risk Management

Borth Community Hub conducts risk assessments before undertaking any activities or events and ensures that appropriate DBS checks are undertaken for those working with children or vulnerable adults. Financial risks have been reviewed and procedures put in place accordingly. A reserves policy has been established in line with the identified risks.

OBJECTIVES AND ACTIVITIES

The object of the charity is about prevention and early intervention. The constitution states the objective is –

To advance education and protect and preserve emotional and psychological health by the provision of a community hub { including a family centre } for the support of those in need of such facilities. To establish the community hub and to maintain and manage the same { whether alone or in co-operation with any local authority or other person or body} in furtherance of these objects.

3

BORTH COMMUNITY HUB REPORT OF THE TRUSTEES - continued FOR THE YEAR ENDED 31 MARCH 2022

The aims of the Community Hub are to reduce loneliness and isolation, foster a sense of belonging and provide support sessions and meaningful activities which have a positive impact on health and wellbeing. The hub also provides a sign posting service for those who require additional support beyond the scope of Borth Community Hub.

The objectives for the next year are to continue to:-

Public Benefit

The charity serves the public by providing a service -

The centre also works closely with other like-minded organisations and therefore is able to sign-post families and individuals of all ages in need to other professionals. By providing this service we preserve and protect health and relieve stress within family relationships and households.

4

BORTH COMMUNITY HUB REPORT OF THE TRUSTEES - continued FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENT AND PERFORMANCE

This financial year Borth Community Hub received funding for a first full year from a People and Places National Lottery 3 year Grant.

An Awards4All Grant provided funds to continue with our additional support for older adults which we began during the pandemic. A grant from Moondance enabled us to recruit a financial and admin support worker/ volunteer co-ordinator for the first time.

We received funding from the Welsh Government as part of the Summer of Fun and Winter of Wellbeing projects. Funding was also received as part of the Welsh Government Pathfinder pilot project and from the W.G. Food Poverty Grant and from Young People Emotional Health and Wellbeing Grant.

Additional amounts of funding were also received from Families First, CAVO Small grants Recovery, CAVO Youth Led Grant and Cambrian Railways.

During this year we were able to undertake significant improvements to the Hub both inside and outside to improve accessibility reflecting the change from a Family Centre to a Community Hub. We were able to deliver additional services the need for which had come about as a result of the pandemic. Examples of this were our community Café came about to combat loneliness and isolation exacerbated by COVID restrictions and our Children’s Clothes Bank.

We continued to deliver book and clothes bundles and food surplus as well as issuing Food Bank Vouchers. Older adults who were unable to access the Hub continued to receive Afternoon Tea at Home Cake Boxes.

Towards the end of the financial year we were allocated a Dolen Teifi Minibus in Borth. We also partnered with the Outdoor Partnership to provide activities for our Youth Club.

The charity continued to be managed by a team of Trustees drawn from a wide range of professions and backgrounds. The charity employed a Family Centre Manager, a Family Support Worker, Youth Workers, a Men’s Shed Co-ordinator, Play Workers, an admin and financial support worker, cleaner and a Community Café leader and assistant.

Volunteers

We continued to expand our volunteer base building on our Walking4Wellbeing volunteer walk leaders and our MIDAS trained Minibus drivers.

5

BORTH COMMUNITY HUB REPORT OF THE TRUSTEES - continued FOR THE YEAR ENDED 31 MARCH 2022

FINANCIAL REVIEW

Reserves Policy

The trustees have reviewed the risks facing the organisation and have determined that reserves of between 3 – 6 months should be held in order to protect against the sudden/unexpected loss of funding or other unanticipated problems. This would equate to between £34,000 and £68,000. Reserves of £45,652 are held at present. Since the year end the trustees have designated £20,000 for the improvements to the insulation of the building and the insulation of more sustainable and affordable heating systems. The work is planned to take place over the next couple of years. Trustees review the reserves level at least annually and whenever new services are introduced.

The trustees approved this report on 9 January 2023. It is signed on their behalf by –

R Quant Chair of Trustees

6

Borth Community Hub

Independent Examiner’s Report to the Trustees of Borth Community Hub

I report on the accounts of Borth Community Hub Charitable Incorporated Organisation (the charity) for the year ended 31 March 2022, which are set out on pages 8 to 10.

Responsibilities and basis of report

As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trustees’ accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Mark Baker FCCA BSc (Econ.) Davies Lewis Baker Chartered Certified Accountants 31 Bridge Street, Aberystwyth, Ceredigion, SY23 1QB

Date: 26 January 2023

7

Borth Community Hub

Receipts and Payments Account for the year ended 31 March 2022

Receipts
Donations and gifts
Grants
Covid support
Centre hire
Charitable activities
Total receipts
Payments
Staff costs
Training
Travel and meetings
Other staff expenses
Creche and sundry sessions
Fun day costs
Lunch club
Outreach
Rent on leased premises
Hire of venue
Resources
Improvements to premises
Building repairs and maintenance
Utilities
Cleaning
Gardening
Professional fees
Accountancy
Insurance
Telephone
Stationery, computer and internet
General expenses
Asset purchases - defibrillator
Total payments
Net of receipts/payments
Cash funds at 1 April 2021
Cash funds at 31 March 2022
31 March
Unrestricted
Restricted
Total
2021
£
£
£
£
4,165
1,128
5,293
-
2,833
130,827
133,660
114,165
-
-
-
23,000
330
-
330
100
73
-
73
706
year ended 31 March 2022
7,401
131,955
139,356
137,971
36
105,772
105,808
57,251
-
3,973
3,973
1,228
-
101
101
124
-
25
25
-
-
520
520
3,347
-
1,543
1,543
746
-
450
450
433
-
175
175
421
-
3,000
3,000
5,164
-
773
773
350
-
5,546
5,546
8,802
-
16,283
16,283
-
-
1,581
1,581
4,790
-
2,065
2,065
2,429
-
170
170
123
-
998
998
292
-
537
537
919
-
4,241
4,241
2,973
-
1,563
1,563
1,111
-
1,496
1,496
1,503
-
2,133
2,133
1,213
32
-
32
12
68
152,945
153,013
93,231
1,212
-
1,212
-
1,280
152,945
154,225
93,231
6,121
( 20,990) ( 14,869)
44,740
42,630
51,984
94,614
49,874
48,751
30,994
79,745
94,614

8

Borth Community Hub

Statement of Assets and Liabilities as at 31 March 2022

2022 2022 2022 2021
**Unrestricted ** Restricted Total Total
£ £ £ £
Assets
Cash funds 48,751 30,994 79,745 94,614
Other monetary assets
Debtors for hall hire 700 359 1,059 -
Grants receivable - 14,872 14,872 -
Fixed assets
Equipment (estimated market value) 15,000 - 15,000 4,500
Liabilities
Creditors - (2,773) (2,773) (10,731)

The financial statements were approved by the trustees on 9 January 2023 and signed on their behalf by

H Hughes Treasurer

Notes to the Accounts

for the year ended 31 March 2022

1. Summary of funds

Unrestricted funds
Youth, Emotional Health & Wellbeing
Youth Cymru Reachout
General fund
Opening
Balance
Receipts for
the year
Payments for
the year
Closing
Balance
1.4.21
2022
2022
31.3.22
£
£
£
£
-
2,000
-
2,000
-
600
(36)
564
42,630
4,801
(1,244)
46,187
42,630
7,401
(1,280)
48,751

9

Borth Community Hub

Notes to the Accounts

for the year ended 31 March 2022

1. Summary of funds (continued)

Restricted funds
Big Lottery
Awards 4 All
Families First
Child development fund
Comic relief
Winter of wellbeing
Pathfinder
CCC additional funding
CAVO youth led grant
CAVO small grants
Dementia Friendly Group
Summer of fun
TAF course
Food Poverty
Moondance
Caring communities
Underspend 2022 CCC
Youth, Emotional Health & Wellbeing
Friend in Need
Lottery Covid
Cambrian Railways
Other
Opening
Balance
Receipts for
the year
Payments for
the year
Closing
Balance
1.4.21
2022
2022
31.3.22
£
£
£
£
40,909
55,982
(82,194)
14,697
-
9,976
(5,412)
4,564
3,528
4,000
(5,616)
1,912
-
5,828
(5,828)
-
878
-
-
878
-
2,030
(2,030)
-
551
2,500
(2,500)
551
-
1,553
(1,553)
-
869
700
(691)
878
-
3,250
(3,250)
-
207
-
-
207
-
6,341
(6,341)
-
-
-
(262)
(262)
-
9,497
(24,107)
(14,610)
-
18,368
(5,312)
13,056
2,814
-
-
2,814
-
322
-
322
-
10,000
(7,332)
2,668
47
-
(37)
10
2,181
-
-
2,181
-
480
(480)
-
-
1,128
-
1,128
51,984
131,955
(152,945)
30,994

Funds in deficit are on projects which receive grant funding in arrears of expenditure. The amount of the deficit represents expenditure not yet claimed or received from the grantor at the year end.

2. Trustee expenses

No remuneration was paid to the trustees, nor were any expenses reimbursed to them during the year to 31 March 2022 (2021: NIL).

3. Financial commitments

The charity has leased the premises of Borth Community Hub from Ceredigion County Council for a period of 25 years from 14 March 2018. As at 31 March 2022 the annual rent was £3,000 per year, subject to periodic rent reviews.

10