Registered Charity Number :1184352
TRELAWNYD COMMUNITY ASSOCIATION CIO
FINANCIAL STATEMENTS
YEAR ENDED 5 APRIL 2022
McLintocks (NW) Limited 2 Hilliards Court Chester Business Park Chester CH4 9PX
TRELAWNYD COMMUNITY ASSOCIATION CIO
FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2022
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 1-3 |
| Independent Examiner’s Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 |
Page 1
TRELAWNYD COMMUNITY ASSOCIATION CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2022
The Trustees present their report and the financial statements for period ended 5 April 2022. The Trustees confirm that their annual report and the financial statements of the charity comply with the current statutory requirements and have been prepared on a receipts and payments basis.
This charitable incorporated organisation (CIO) ‘Trelawnyd Community Association, was registered on 10 July 2019.
ADMINISTRATIVE DETAILS
Registered Charity number 1184352
Registered Office The New Trelawnyd Memorial Hall 16, Byron Street Trelawnyd Rhyl LL18 6DP
Trustees (Appointed by Committee) Mrs Ruby Bridget Richards (Chairman) Mrs Linda Taylor (Secretary) Mr Glyn Rose (Treasurer) Mr Nicholas Taylor (resigned 24 September 2022) Mr Ian Papworth (resigned 24 September 2022) Mr David Wilson (resigned 24 September 2022) Mrs Karen Manley (resigned 24 September 2022) Mr William Jones (appointed 24 September 2022) Mr David Smith (appointed 24 September 2022) Mr John Gray (appointed 24 September 2022) Dr Helen Papworth (appointed 24 September 2022) Mrs Lorraine Kingham (appointed 24 September 2022)
Independent Examiners McLintocks (NW) Limited 2 Hilliards Court Chester Business Park Chester CH4 9QP
Bankers Barclays Bank PLC North Wales Central Group Rhyl
Page 2
TRELAWNYD COMMUNITY ASSOCIATION CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2022
Governing document
The unincorporated charity is controlled by its governing document dated 10 July 2019.
The Trustees hold responsibility for all Trust activities and day to day management. They appoint new trustees as required and receive training when appropriate.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
The objectives of the Charity is to promote for the benefit of the inhabitants of Trelawnyd and the neigbourhood the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants, and to advance education through the provision of workshops and other forms of training and education.
The trustees have regard to the Charities Commission’s guidance on public benefit.
ACTIVITIES
The Charity have carried out a number of events during the year in accordance with its objects clause.
FUTURE PLANS
The trustees will continue to serve the community as best it can post Covid-19 pandemic.
FINANCIAL REVIEW
Total income for the year was £22,103 up from £3,391 in 2021. Expenditure was £8,458 up from £4,538 in 2021. There was therefore a net operating surplus of £13,645 (2021: Loss £1,147). At 5 April 2022 unrestricted funds were £23,054 (2021: £9,409).
Reserves
The trustees are mindful of the need to hold adequate reserves, and that the current level of free reserves needs to be increased .The trustees will seek to address this.
Page 3
TRELAWNYD COMMUNITY ASSOCIATION CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2022
TRUSTEES’ RESPONSIBILITY STATEMENT
The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure for that period. In preparing these financial statements, the trustees are required to:
-Select suitable accounting policies and then apply them consistently;
-Make judgements and estimates that are reasonable and prudent;
-Prepare the accounts on a going concern basis unless it is inappropriate to presume the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
ON BEHALF OF THE BOARD
Glyn Rose Trustee
20[th] January 2023
Page 4
TRELAWNYD COMMUNITY ASSOCIATION CIO
REPORT OF THE INDEPENDENT EXAMINER
I report to the Trustees on my examination of the accounts of accounts of Trelawnyd Community Association CIO (‘the charity’) for the period ended 5 April 2022 which are set out on Pages 5 to 7.
RESPONSIBILITIES AND BASIS OF REPORT
As Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
Having satisfied myself that the audit requirement of by Section 144(2) of the Charities Act 2011, does not apply, and that an independent examination is needed, I report in respect of my examination of the accounts 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 Act.
INDEPENDENT EXAMINERS 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 : -
-
accounting records were not kept in respect of the charity as required by Section 130 of the Act; and
-
the accounts do not accord with those records.
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.
Michael Caputo FCA Independent Examiner McLintocks (NW) Limited Chartered Accountants 2 Hilliards Court Chester Business Park CHESTER CH4 9QP
20[th] January 2023
Page 5
TRELAWNYD COMMUNITY ASSOCIATION CIO STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 5 APRIL 2022
INCOME From charitable activities: Donations and events Refunds TOTAL INCOME EXPENDITURE On charitable activities : Fuel Shed deposit Garden plant Donations Postage and stationery PPE First aid course Caretakers wages Community purchase Hall survey Concert ticket Accountancy Licences for events Events Insurance Returned grants TOTAL EXPENDITURE NET INCOME |
2022 £ 22,089 14 _ 22,103 554 - 144 1,417 369 - 68 350 - - - 840 390 755 359 3,212 __ 8,458 _ 13,645 ____ |
2021 £ 3,385 6 _ 3,391 173 461 - 173 33 187 46 2,360 55 390 65 - - 232 363 - __ 4,538 _ (1,147) ____ |
|---|---|---|
Page 6
TRELAWNYD COMMUNITY ASSOCIATION CIO BALANCE SHEET AS AT 5 APRIL 2022
| CURRENT ASSETS Balance at bank Cash in hand TOTAL NET ASSETS FUND Income Fund (Unrestricted) |
2022 £ 22,898 155 _ 23,054 _ 23,054 __ 23,054 ______ |
2021 £ 9,215 194 _ 9,409 _ 9,409 __ 9,409 ______ |
|
|---|---|---|---|
Approved by the Trustees on 20[th] January 2023 Signed on its behalf by:
Glyn Rose Trustee
Page 7
TRELAWNYD COMMUNITY ASSOCIATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
1. ACCOUNTING POLICIES
The principal accounting policies in the preparation of the financial statements are as follows:
Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the historical cost convention on a receipt and payments basis.
Trelawnyd Community Association CIO meets the definition of a public benefit entity. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Income recognition
All income is recognized when received.
Expenditure recognition
All expenditure is recognized when paid.
VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives of the charity at the discretion of the trustees.
2. TRUSTEES
No trustee received any remuneration, benefit or expenses during the period.
3. RELATED PARTY TRANSACTIONS
There have been no related party transactions during the period.