``` REGISTERED CHARITY NUMBER: 1192507 ``` ``` Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2023 ``` ``` for ``` ``` Blossom & Bloom ``` ``` J V Banks Chartered Accountants Banks House Paradise Street Rhyl Denbighshire LL18 3LW ``` ``` Blossom & Bloom ``` ``` Contents of the Financial Statements for the Year Ended 31 December 2023 ``` ||`Page`| |---|---| |`Report of the Trustees`|`1 to 5`| |`Independent Examiner's Report`|`6`| |`Statement of Financial Activities`|`7`| |`Balance Sheet`|`8`| |`Notes to the Financial Statements`|`9 to 16`| |`Detailed Statement of Financial Activities`|`17 to 18`| ``` Blossom & Bloom ``` ``` for the Year Ended 31 December 2023 ``` ## `Report of the Trustees` ``` Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended 31December2023.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the FinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES Objectives and aims`** ## `Charity Mission:` ``` Ourcharitymissionistoprovidesocialisation,facetofacewell-beingrelatedsupportand learning opportunitiestomumsandbabies(pre-schoolage)wholiveinConwyorDenbighshirewhoare experiencing social isolation, disadvantage or are at risk of homelessness. ``` ``` Oursupportenablesthemtosourceandsecuresustainableandmorepermanentaccommodation,to access trainingandemploymentopportunities,topromotepositivewellbeing,financialindependenceand reduce the risk of future poverty and homelessness. ``` ## `Our Charity Values:` ``` OurfoundingprinciplesaretosupportmumsandbabiesandprovidethemwithKindness, Reliability, Integrity, Honesty, Security, Balance and Opportunities. ``` ## `Our Charity Objectives Are:` ``` ·Theprovisionofemergencyaccommodationand/orguidanceandsupporttohomelessor potentially homelessmumsandbabiesresidingintemporaryemergencyaccommodationtosourceand secure sustainableandmorepermanentaccommodation,toaccesstrainingandemploymentopportunities, to promote positive wellbeing, financial independence and reduce the risk of future poverty and homelessness. ``` ``` ·Theprovisionofsupporttodevelopcommunityinitiativestoencouragemumsandbabiesto support each other and feel a sense of community spirit, cohesion, and safety. ``` ``` Page 1 ``` ``` Blossom & Bloom ``` ``` for the Year Ended 31 December 2023 ``` ## `Report of the Trustees` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Our Charitable Activities:`** ``` Belowarethemainactivitieswehaveundertakenduringthereportingperiodtofurtherthe charity's purposes for the public benefit: ``` ``` Thisfinancialyearbetweenthe1stJanuary2023andthe31stAugust2023thecharityexperienced funding crisisduetotheirmainsourceoffunding"CommunityRenewalFunding"endingattheendofthe previous financial year. ``` ``` On the 30thJanuary2023 the charitytrusteesvotedto continuethe charityas therewereno debtsand there wasminimalfinancialrisk,howeverthisdecisionwouldbereviewedonamonth-by-monthbasisat future trustee meetings. ``` ``` The servicewas keptopenandrunningby twopart-timemembersof staffandvolunteersonlywithVicky the CharityFounderhavingtostepdownasapaidmemberofstaffontwooccasionsthroughoutthe period. £33,888 of small grants were awarded from various funders to enable the charity to remain open. ``` ``` The charityfounderworkedtirelesslythroughoutthoseearlymonthsto forma collaborationwith three other smalllocalcharitieswho all providefrontline supportservicesto vulnerablecitizensin the Rhyl and Denbigh areas.Thecollaborationiscalled"TheDenbighshireEngagement&WellbeingCollective(DEWC Project)" andonthe1stSeptember2023thecollaborationwasawardedan8-monthcontract(1stAugust2023to 31st March2024)byDenbighshireCountyCouncil'sWorkingDenbighshireservice.Thiscontractthen enabled thecharitytorecruitsomemuch-neededadditionalmembersofpaidstafftotheteamandforthe Charity Founder to return to the payroll. ``` ## `Croeso Cynnas/Warm Welcome - DVSC & WCVA - January 2023 - March 2023` ``` InDecember2022thecharitywasawarded£3600fromtheDVSCtodelivertheCroeso Cynnas/Warm Welcomedailydrop-intoproviderefreshmentsandsocialisationtomumsandbabiesthroughthe winter months.Weusedthe£3600topayCostigan'sforuseofafixedspacewithintheircoffeeshop and refreshments (food & drink) to mums and babies attending 10am-2pm on weekdays. ``` ``` £6110previousfinancialyearrestrictedfundsfromWCVAThirdSectorResilienceFundwas approvedto use for staff salary to deliver the Croeso Cynnas/Warm Welcome project from 01/01/2023 - 31/03/2023. ``` ## `Blossom & Bloom Well-being Hub - Various Funders - April 2023 onwards` ``` Throughouttheuncertainfinancialtimesthecharitymanagedtosecurearent-freeleaseonaunit(Unit 19) withinRhyl'sWhiteRoseShoppingCentreinthetowncentreandonthe3rdApril2023,theycelebrated the openingof "The Blossom& BloomWell-beingHub" the firstcharityled socialhub, safe space,café, classroom andbabyessentialsswapshopforMum'sandbabiesintheareatoattendwhichisopenfordrop-in every weekday 10am-2pm. ``` ``` Special thanks to following funders for their financial support in allowing us to make this happen: DVSC - Croeso Cynnas/Warm Welcome Grant ``` ``` Gwynt y Mor Windfarm - Microgrant Police & Crime Commissioner - North Wales & South Wales Rhyl Community Partnership - Rhyl Flats Grant Rhyl Town Council - Signage The Rotary Club of Rhyl - Baby Boxes Welsh Government - Child Poverty Strategy Review Grant Denbighshire County Council - Cost of Living Fund Grant ``` ``` --- Denbighshire Engagement and Wellbeing Collective Shared Prosperity Fund September 2023 onwards. InSeptember2023wewereawarded£129,688.09aspartofacontract/collaborationoffourlocal charities basedin Rhyl& Denbighvia the WorkingDenbighshireservicewithinDenbighshireCountyCouncil's Shared Prosperity Funding allocation. ``` ``` Thiscontractenabledthecharitytorecruitadditionalstafftodeliversocialisation,onetoonesupport and learning and development opportunities to Mums and babies living anywhere in Denbighshire. As partof the collaborativecontractthe charityhas outcometargetsto achieve.To engagewithand refer to the Working Denbighshire service 88 citizens over an 8-month initial period (01/08/23 - 31/03/24). Thefirstdeliveryphaseisinitiallyplannedfor8months,Year1withanopportunitytore-applyforYear2 - 01/04/24 - 30/11/24. ``` ``` Asofthe31stofDecember2023,theendofthisreportingperiod(01/09/23-31/12/23)Thecharity has alreadymetitsoutcome/engagementtargets,havingengagedwith,andsupported120familiesvia their Well-being Hub and Baby Essentials Swap Shop. ``` ``` Page 2 ``` ``` Blossom & Bloom ``` ``` for the Year Ended 31 December 2023 ``` ## `Report of the Trustees` ``` Pleaseseebelowdiagramofamumwithherbabyandthelifeareaswherewell-beingrelatedsupport is offered via the charities Well-being Hub. ``` ``` Referralscontinuetobereceivedviastatutoryservicessuchashealth(GP's,midwives,healthvisitors) and social services as well as mums being able to self-refer into the project. ``` ## `Blossom & Bloom Social Group` ``` TheBlossom&Bloomsocialgroupchatviasocialmedia(WhatsApp)continuedtothrive.Thegroup is accessedandactivelyusedby over80 mumsandbabiesintheareawhoprovidesupportandsocialisation to eachotherdaily.Blossom&BloomWell-beingSupportAssistantsusethisgrouptoarrangeand coordinate weeklymumandbabysocialactivities,events&playsessions.Togethertheyhavevisitedmany suitable recreationalfacilitiesintheareaincludingSC2,PlanetPlay,RhylLibrary,Geronimo's,CornerCafé, Brighter Futures,RhylLeisureCentre,Boxercise,YOGA,RhylBeach,RhylBeachWalks,WelshMountainZoo, and The Sea Life Centre. Lots of fun has been had along the way. ``` ``` TheTrusteeshavepaiddueregardtoguidanceissuedbytheCharityCommissiononpublicbenefit when reviewing the charity's aims and objectives and planning future activities ``` ``` During this Annual Report Period, 120 mums and babies received support by the Charity. ``` ``` Thecharityprovidedpart-timeemploymentto7people,recruited4volunteersand3additionalboard of trustees. 2 trustees resigned within the reporting period. ``` ``` ThecharityremaineddeliveringitsservicesfromCostigan'swithinRhylTownCentreuntil31stMarch 2023 andthenmovedpremisestoTheBlossom&BloomWell-beingHub,Unit19WhiteRoseCentre,Rhyl from 3rd April 2023. ``` ``` TheBlossom&BloomWell-beingHuboffersasocialsafespacetofamiliesintheheartofthetown centre. Thehubisaccessible10am-3pmweekdays(asof31stDecember2023)Thehubhasalready provided socialisationandsupporttoover120familiesinthearea.Theseengagementnumberevidencetheneed for theserviceandofitspositiveimpactandreachlocally.Thecharityhasmadea hugelypositiveimpacton the lives of mums and babies in need and created new jobs in the area too. ``` ``` Thecharityisfirmlycommittedtoensuringallprojectsandservicedeliverymeetthegoalswithin the wellbeing and future generations act and have a positive social impact within the community. ``` ## **`FINANCIAL REVIEW`** ## **`Principal funding sources`** ``` Thecharityisreliantongrantfundingapplicationsandfundraisingtoprovidesupporttomumsand babies goingforward.CharityFounder/ChiefExecutiveVickyWelsman-Millardwillcontinuetosource available funding to continue the charity services going forward. ``` ``` There is currently funding in place for all paid staff until 31st March 2024. ``` ``` Thisyearthecharityhasintroducedinhousefundraisingopportunitiesviasalesfromtheirinhousecafé and baby essentialswap shop, by acceptingdonationsvia theirPayPaljust giving accountand by signingup to the Easy fundraising platform. ``` ``` Thecharityhasreceived£9,281fromfundraisingactivitiesanddonationsviatheirinhousecaféand baby essentials swap shop this year. ``` ## **`Reserves policy`** ``` Thecharityhasnoavailablereservesorpolicyonreservescurrentlyhoweverthecharityhasan operating surplus (unrestricted funds) of £11,653 at the end of the reporting period. ``` ## **`Going concern`** ``` The trustees are confident of the charity's ability to continue as a going concern. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated charity. ``` ``` The charity is controlled by its governing document and constitutes a Charitable Incorporated Organisation. ``` ``` Page 3 ``` ``` Blossom & Bloom ``` ``` for the Year Ended 31 December 2023 ``` ## `Report of the Trustees` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Recruitment and appointment of new trustees`** ``` Ourtrusteeshave been recruitedvia advertisingon oursocialmediapage,writtenapplication,interview with theCharityFounder,attendanceatatrusteemeetingtodiscusssuitability,skillsandexperiencewith other trustees.DBSandnon-disqualificationchecksarethencarriedoutpriortotrusteesbeingelectedat the followingtrusteesmeeting.Thetrusteedeclarationisthensignedandprocessed/registeredwiththe charity commission. ``` ``` Trustees Meeting take place bi-monthly (usually the first Monday of every other month). ``` ## **`Organisational structure`** ``` Diagram ``` ## **`Decision making`** ``` Meetingsarecurrentlychaired,andminutesaretakenbyVickyWelsman-Millardwhoisthe charity founder/chiefexecutive.MeetingsareorganisedviaasetAgendaandminutesareapprovedas accurate duringthefollowingtrusteesmeeting.Copiesoftheminutesaredistributedtoalltrusteesviaemailand a hard copy held on file in the staff office for all stakeholders to view if required. ``` ``` Thecharityislookingtoincreasetheirnumberoftrusteesfrom6to8overthenextreporting period (01/01/24 - 31/12/24). ``` ## **`Induction and training of new trustees`** ``` TrusteeRoles& Responsibilitiestrainingwas deliveredto trusteespriorto appointmentand incorporation by Rachael Hobbs from Social Business Wales. ``` ``` Newlyappointedtrusteeshave been sentthe PowerPointpresentationalongwithinformationtakenfrom the GOV.uk website prior to appointment. ``` ## **`Related parties`** ``` Declarationof relevantparties:VickyWelsman-Millardand Lee Millardare the charityfoundersand they are husbandandwife.Leewasa charitytrusteefromincorporationuntil30thNovember2022.Leehas received no moniesor remunerationfrom the charity.Chloe Welsman-Tweedieis Vicky & Lee's daughterand has been providingWell-beingWednesdaytreatmentstoMumsviathecharitiesWell-beingWednesday relaxation initiative.Chloeisoneof3beautytherapistwhooffersthetreatmentstoMums.Asmallchargeof£5 per treatmentischargedtoMumstocovermaterialcostsbutnopaymentismadetoChloeortheother beauty therapists from the charity for their services. ``` ``` Vickyhasbeenapaidemployeeofthecharitysince15thJanuary2021exceptfor1stDecember2022to 5th February2023and5thJune2023to11thSeptember2023.Vickyreceivesanhourlyrateof£19.13per hour working on a part-time 30 hours per week basis as of 31st December 2023. ``` ``` Trustees have adopted the following policies since incorporation: Data Protection Policy/Privacy Notice Health & Safety Policy COVID-19 policy Safeguarding Policy Staff Handbook which includes: Code of Conduct Equality and Diversity Policy Anti-Harassment and Bullying Policy Recruitment and Selection Policy Disciplinary and Capability Procedure Grievance Procedure Flexible Working Policy Maternity Policy Paternity Policy Adoption Policy Shared Parental Leave (birth) Policy Shared Parental Leave (adoption) Policy Welsh Language Policy ``` ``` Page 4 ``` ``` Blossom & Bloom ``` ``` for the Year Ended 31 December 2023 ``` ## `Report of the Trustees` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`** ``` 1192507 ``` ## **`Principal address`** ``` Unit 19 White Rose Centre Rhyl Denbighshire LL18 1EW ``` ## **`Trustees`** ``` M C Roberts (resigned 31.3.23) V Welsman-Millard (resigned 5.2.23) J C Anderson J A Lawler (resigned 12.6.23) S J Harris (appointed 23.2.23) H M Davies (appointed 23.2.23) L Williams (appointed 27.3.23) S Parry (appointed 30.11.23) L George (appointed 8.11.23) ``` ## **`Independent Examiner`** ``` J V Banks Chartered Accountants Banks House Paradise Street Rhyl Denbighshire LL18 3LW ``` ``` Thefinancialstatementshavebeenpreparedinaccordancewiththeaccountingpoliciessetoutinnotes to theaccountsandcomplywiththecharity'sgoverningdocument,theCharitiesAct2011andthe relevant versionoftheStatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). ``` ## **`SUMMARY`** ``` Thecharityhasworkedtirelesslysinceincorporationandthefirstreportingperiodtorecruitandtrain staff todeliveraqualitysupportservicewhichactuallymakesadifferencetothelivesofmumsandbabies who requiresupportandarenowin a positionto be ableto celebratethe outcomesachievedduringthis reporting period. ``` ``` Forthenextreportingperiodtheboardoftrusteesandstaffteamarecommittedtocontinuingto deliver theircharitableaimsandobjectives,tostrengtheningthestrategicvisionandbusinessplanofthecharity as wellas continuingto developlinkswithotherthirdsectorsorganisationsandstatutoryservicesto ensure our support services are available to any mums and babies who need us. ``` ``` Approved by order of the board of trustees on 19 June 2024 and signed on its behalf by: ``` ``` L Williams - Trustee ``` ``` Page 5 ``` ``` Independent Examiner's Report to the Trustees of Blossom & Bloom ``` ## **`Independent examiner's report to the trustees of Blossom & Bloom`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsofBlossom&Bloom(theTrust)for the year ended 31 December 2023. ``` ## **`Responsibilities and basis of report`** ``` As the charitytrusteesof the Trustyou are responsiblefor the preparationof the accountsin accordance with the requirements of the Charities Act 2011 ('the Act'). ``` ``` I reportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActand in carryingout my examinationI have followedall applicableDirectionsgiven by the CharityCommission under Section 145(5)(b) of the Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in connection with the examination giving me cause to believe that in any material respect: ``` `1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` Yourattentionis drawnto the factthatthe charityhas preparedthe accountsin accordancewiththe relevant versionsoftheStatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in accordancewiththe FinancialReportingStandardapplicablein the UK andRepublicof Ireland(FRS102) in preferencetotheAccountingandReportingbyCharities:StatementofRecommendedPracticeissuedon 1 April2005 which is referredto in the extantregulationsbut has been withdrawn.Weunderstandthatthis has been donein orderfor the accountsto providea trueand fair view in accordancewith UK Generally Accepted Accounting Practice. ``` ``` E J Anderson ``` ``` J V Banks Chartered Accountants Banks House Paradise Street Rhyl Denbighshire LL18 3LW ``` ``` 19 June 2024 ``` ``` Page 6 ``` ``` Blossom & Bloom ``` ## `Statement of Financial Activities` ## `for the Year Ended 31 December 2023` |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Support provision`
`Wellbeing Hub`
`Other`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`Transfers between funds`**
`9`
**`Net movement in funds`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`fund`
`£`
`15,033`
`8,435`
`1,943`
`2,074`
`12,452`
`2,581`
`(2,705)`
`(124)`
`11,777`
`11,653`|`Restricted`
`funds`
`£`
`126,522`
`69,820`
`12,148`
`1,082`
`83,050`
`43,472`
`2,705`
`46,177`
`5,305`
`51,482`|`31.12.23`
`Total`
`funds`
`£`
`141,555`
`78,255`
`14,091`
`3,156`
`95,502`
`46,053`
`-`
`46,053`
`17,082`
`63,135`|`31.12.22`
`Total`
`funds`
`£`
`80,218`
`92,958`
`-`
`14,983`
`107,941`
`(27,723)`
`-`
`(27,723)`
`44,805`
`17,082`| |---|---|---|---|---| ``` The notes form part of these financial statements ``` ``` Page 7 ``` ``` Blossom & Bloom ``` ## `Balance Sheet` ## `31 December 2023` |`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`5`
`4,258`
**`CURRENT ASSETS`**
`Debtors`
`6`
`200`
`Cash at bank`
`11,209`
`11,409`
**`CREDITORS`**
`Amounts falling due within one year`
`7`
`(4,014)`
**`NET CURRENT ASSETS`**
`7,395`
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
`11,653`
**`NET ASSETS`**
`11,653`
**`FUNDS`**
`9`
`Unrestricted funds:`
`General fund`
`Restricted funds:`
`Community Renewal Fund`
`Little Magic Grants`
`Town Centre Entrepreneurship Fund`
`Warm Welcome Grant`
`DEWC Project`
`The Rotary Club`
`Cost of Living Fund`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
`-`
`26,127`
`25,355`
`51,482`
`-`
`51,482`
`51,482`
`51,482`|`31.12.23`
`Total`
`funds`
`£`
`4,258`
`26,327`
`36,564`
`62,891`
`(4,014)`
`58,877`
`63,135`
`63,135`
`11,653`
`-`
`-`
`-`
`-`
`42,955`
`927`
`7,600`
`51,482`
`63,135`|`31.12.22`
`Total`
`funds`
`£`
`2,403`
`4,822`
`11,936`
`16,758`
`(2,079)`
`14,679`
`17,082`
`17,082`
`11,777`
`275`
`550`
`880`
`3,600`
`-`
`-`
`-`
`5,305`
`17,082`| |---|---|---|---| ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon19June 2024 and were signed on its behalf by: ``` ``` L Williams - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 8 ``` ``` Blossom & Bloom ``` ``` Notes to the Financial Statements for the Year Ended 31 December 2023 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard applicablein the UK and Republicof Ireland'and the CharitiesAct 2011. The financialstatements have been prepared under the historical cost convention. ``` ``` TheaccountshavebeenpreparedinaccordancewiththerelevantversionoftheStatement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the FinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)and the Charities Act 2011 and UK Generally Accepted Accounting Practice. ``` ``` Theaccountshavebeenpreparedtogivea'trueandfair'viewandhavedepartedfromthe Charities (AccountsandReports)Regulations2008onlytotheextentrequiredtoprovidea 'trueandfair' view. This departurehas involvedfollowingthe relevantversionof the Statementof Recommended Practice applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard applicableintheUKandRepublicofIreland(FRS102)ratherthantheAccountingandReporting by Charities:StatementofRecommendedPracticeeffectivefrom1April2005whichhassince been withdrawn. ``` ## **`Income`** ``` All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedto the category.Where costscannotbe directlyattributedto particularheadingsthey have been allocated to activities on a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualratesin orderto write off each assetover its estimated useful life. ``` ``` Fixtures and fittings ``` ``` - 15% on reducing balance ``` ## **`Taxation`** ``` The charity is exempt from tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Further explanation of the nature and purpose of each fund is included in the trustees' report. ``` ``` The restricted funds are as follows: ``` ``` Little Magic Grant - family fun activities and celebration events throughout the year. ``` ``` TownCentreEntrepreneurshipFund- premisescostsforCostigansoffice(Rhyltowncentre)upto 31 March 2023 funded by Business Wales. ``` ``` continued... ``` ``` Page 9 ``` ``` Blossom & Bloom ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ``` ## **`1. ACCOUNTING POLICIES - continued`** ## **`Fund accounting`** ``` CommunityRenewalFund-remainderfoSharedProsperityFund(SPF)grantwithin previous financial year to deliver community outreach project delivery, daily drop in and support. ``` ``` WarmWelcomeGrant-DVSCgranttofunddailydropfromCostigans1January2023to31 March 2023 (safe space and warm refreshments). ``` ``` ThirdSectorResilienceFund-underspendwithinpreviousyearsgrantapprovedbyWCVAto fund core costs/staff salaries from 1 January 2023 to 31 March 2023. ``` ``` DEWCproject-Denbighshireengagementandwellbeingcollective-SPFfundingvia Working Denbighshire (DCC) - charity running costs/service delivery from 1 September 2023. ``` ``` Gwynt Y Mor Micro Grant - grant towards core costs April to August 2023. ``` ``` Police & Crime Commissioner - grant towards core costs April to August 2023. ``` ``` Rhyl Community Partnership - grant towards core costs April to August 2023. ``` ``` Rhyl Town Council - Well-being Hub signage (March 2023). ``` ``` The Rotary Club - new mum baby box campaign. ``` ``` WelshGov ChildPovertyStrategyGrant- childpovertypolicyreview- familyconsultation, Well-being Hub opening week (April 2023). ``` ``` DCCCostofLivingFund-freehotfood/refreshmentsforallmumsandbabiesplusstockfor baby essential swap shop during December 2023 to March 2024. ``` ## **`Hire purchase and leasing commitments`** ``` RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesona straight line basis over the period of the lease. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ``` ## **`2. TRUSTEES' REMUNERATION AND BENEFITS`** ||`31.12.23`|`31.12.22`| |---|---|---| ||`£`|`£`| |`Trustees' salaries`|`650`|`-`| |**`Trustees' expenses`**||| ||`31.12.23`|`31.12.22`| ||`£`|`£`| |`Trustees' expenses`|`300`|`-`| ``` continued... ``` ``` Page 10 ``` ``` Blossom & Bloom ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ``` ## **`3. STAFF COSTS`** ``` The average monthly number of employees during the year was as follows: ``` |`31.12.23`
`Support staff`
`4`
`No employees received emoluments in excess of £60,000.`
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`Restricted`
`fund`
`funds`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`590`
`79,628`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Support provision`
`7,324`
`85,634`
`Other`
`453`
`14,530`
**`Total`**
`7,777`
`100,164`
**`NET INCOME/(EXPENDITURE)`**
`(7,187)`
`(20,536)`
**`Transfers between funds`**
`9,055`
`(9,055)`
**`Net movement in funds`**
`1,868`
`(29,591)`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`9,909`
`34,896`
**`TOTAL FUNDS CARRIED`**
**`FORWARD`**
`11,777`
`5,305`
**`TANGIBLE FIXED ASSETS`**
**`COST`**
`At 1 January 2023`
`Additions`
`Disposals`
`At 31 December 2023`
**`DEPRECIATION`**
`Charge for year`
**`NET BOOK VALUE`**
`At 31 December 2023`
`At 31 December 2022`|`31.12.22`
`7`
`Total`
`funds`
`£`
`80,218`
`92,958`
`14,983`
`107,941`
`(27,723)`
`-`
`(27,723)`
`44,805`
`17,082`
`Fixtures`
`and`
`fittings`
`£`
`2,403`
`5,211`
`(2,605)`
`5,009`
`751`
`4,258`
`2,403`| |---|---| ## **`4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** ## **`5.`** ``` continued... ``` ``` Page 11 ``` ``` Blossom & Bloom ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ``` ## **`5. TANGIBLE FIXED ASSETS - continued`** ``` Equipmentwitha netbookvalueof £2,605was transferredfromthe WarmWelcomeGrant restricted fund to the generalfund duringthe year.Thetransfertook placeas the Warm WelcomeGrantfund had been fully utilised, and the equipment transferred to general use. ``` ## **`6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Other debtors`
`Tax`
**`7.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Bank loans and overdrafts (see note 8)`
`Taxation and social security`
`Other creditors`
**`8.`**
**`LOANS`**
`An analysis of the maturity of loans is given below:`
`Amounts falling due within one year on demand:`
`Bank overdrafts`
**`9.`**
**`MOVEMENT IN FUNDS`**
`Net`
`movement`
`At 1.1.23`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`11,777`
`2,581`
**`Restricted funds`**
`Community Renewal Fund`
`275`
`(275)`
`Little Magic Grants`
`550`
`(550)`
`Third Sector Resilience Fund`
`-`
`(5,310)`
`Town Centre Entrepreneurship Fund`
`880`
`(880)`
`Warm Welcome Grant`
`3,600`
`(995)`
`DEWC Project`
`-`
`42,955`
`The Rotary Club`
`-`
`927`
`Cost of Living Fund`
`-`
`7,600`
`5,305`
`43,472`
**`TOTAL FUNDS`**
`17,082`
`46,053`|`31.12.23`
`£`
`26,327`
`-`
`26,327`
`31.12.23`
`£`
`-`
`2,595`
`1,419`
`4,014`
`31.12.23`
`£`
`-`
`Transfers`
`between`
`funds`
`£`
`(2,705)`
`-`
`-`
`5,310`
`-`
`(2,605)`
`-`
`-`
`-`
`2,705`
`-`|`31.12.22`
`£`
`2,704`
`2,118`| |---|---|---| |||`4,822`| |||`31.12.22`
`£`
`2,079`
`-`
`-`
`2,079`
`31.12.22`
`£`
`2,079`
`At`
`31.12.23`
`£`
`11,653`
`-`
`-`
`-`
`-`
`-`
`42,955`
`927`
`7,600`| |||`51,482`| |||`63,135`| ``` continued... ``` ``` Page 12 ``` ``` Blossom & Bloom ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ``` ## **`9. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Community Renewal Fund`
`Little Magic Grants`
`Third Sector Resilience Fund`
`Town Centre Entrepreneurship Fund`
`Warm Welcome Grant`
`DEWC Project`
`Gwynt Y Mor Micro Grant`
`Police & Crime Commissioner`
`Rhyl Community Partnership Grant`
`Rhyl Town Council`
`The Rotary Club`
`Welsh Gov Child Poverty Strategy`
`Grant`
`Cost of Living Fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`15,033`
`-`
`-`
`-`
`-`
`1,400`
`92,634`
`1,000`
`11,793`
`5,000`
`500`
`1,600`
`4,995`
`7,600`
`126,522`
`141,555`|`Resources`
`expended`
`£`
`(12,452)`
`(275)`
`(550)`
`(5,310)`
`(880)`
`(2,395)`
`(49,679)`
`(1,000)`
`(11,793)`
`(5,000)`
`(500)`
`(673)`
`(4,995)`
`-`
`(83,050)`
`(95,502)`|`Movement`
`in funds`
`£`
`2,581`
`(275)`
`(550)`
`(5,310)`
`(880)`
`(995)`
`42,955`
`-`
`-`
`-`
`-`
`927`
`-`
`7,600`
`43,472`
`46,053`| |---|---|---|---| ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Community Renewal Fund`
`Little Magic Grants`
`Third Sector Resilience Fund`
`Town Centre Entrepreneurship Fund`
`Warm Welcome Grant`
**`TOTAL FUNDS`**|`At 1.1.22`
`£`
`9,909`
`23,819`
`500`
`8,077`
`2,500`
`-`
`34,896`
`44,805`|`Net`
`movement`
`in funds`
`£`
`(7,187)`
`(22,271)`
`50`
`(295)`
`(1,620)`
`3,600`
`(20,536)`
`(27,723)`|`Transfers`
`between`
`funds`
`£`
`9,055`
`(1,273)`
`-`
`(7,782)`
`-`
`-`
`(9,055)`
`-`|`At`
`31.12.22`
`£`
`11,777`
`275`
`550`
`-`
`880`
`3,600`| |---|---|---|---|---| |||||`5,305`| |||||`17,082`| ``` continued... ``` ``` Page 13 ``` ``` Blossom & Bloom ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ``` ## **`9. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Community Renewal Fund`
`Little Magic Grants`
`Third Sector Resilience Fund`
`Town Centre Entrepreneurship Fund`
`Warm Welcome Grant`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`590`
`75,528`
`500`
`-`
`-`
`3,600`
`79,628`
`80,218`|`Resources`
`expended`
`£`
`(7,777)`
`(97,799)`
`(450)`
`(295)`
`(1,620)`
`-`
`(100,164)`
`(107,941)`|`Movement`
`in funds`
`£`
`(7,187)`
`(22,271)`
`50`
`(295)`
`(1,620)`
`3,600`
`(20,536)`
`(27,723)`| |---|---|---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Community Renewal Fund`
`Little Magic Grants`
`Third Sector Resilience Fund`
`Town Centre Entrepreneurship Fund`
`Warm Welcome Grant`
`DEWC Project`
`The Rotary Club`
`Cost of Living Fund`
**`TOTAL FUNDS`**|`At 1.1.22`
`£`
`9,909`
`23,819`
`500`
`8,077`
`2,500`
`-`
`-`
`-`
`-`
`34,896`
`44,805`|`Net`
`movement`
`in funds`
`£`
`(4,606)`
`(22,546)`
`(500)`
`(5,605)`
`(2,500)`
`2,605`
`42,955`
`927`
`7,600`
`22,936`
`18,330`|`Transfers`
`between`
`funds`
`£`
`6,350`
`(1,273)`
`-`
`(2,472)`
`-`
`(2,605)`
`-`
`-`
`-`
`(6,350)`
`-`|`At`
`31.12.23`
`£`
`11,653`
`-`
`-`
`-`
`-`
`-`
`42,955`
`927`
`7,600`| |---|---|---|---|---| |||||`51,482`| |||||`63,135`| ``` continued... ``` ``` Page 14 ``` ``` Blossom & Bloom ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ``` ## **`9.`** ## **`MOVEMENT IN FUNDS - continued`** ``` A currentyear12 monthsandprioryear12 monthscombinednetmovementin funds,includedin the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Community Renewal Fund`
`Little Magic Grants`
`Third Sector Resilience Fund`
`Town Centre Entrepreneurship Fund`
`Warm Welcome Grant`
`DEWC Project`
`Gwynt Y Mor Micro Grant`
`Police & Crime Commissioner`
`Rhyl Community Partnership Grant`
`Rhyl Town Council`
`The Rotary Club`
`Welsh Gov Child Poverty Strategy`
`Grant`
`Cost of Living Fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`15,623`
`75,528`
`500`
`-`
`-`
`5,000`
`92,634`
`1,000`
`11,793`
`5,000`
`500`
`1,600`
`4,995`
`7,600`
`206,150`
`221,773`|`Resources`
`expended`
`£`
`(20,229)`
`(98,074)`
`(1,000)`
`(5,605)`
`(2,500)`
`(2,395)`
`(49,679)`
`(1,000)`
`(11,793)`
`(5,000)`
`(500)`
`(673)`
`(4,995)`
`-`
`(183,214)`
`(203,443)`|`Movement`
`in funds`
`£`
`(4,606)`
`(22,546)`
`(500)`
`(5,605)`
`(2,500)`
`2,605`
`42,955`
`-`
`-`
`-`
`-`
`927`
`-`
`7,600`
`22,936`
`18,330`| |---|---|---|---| ## **`Transfers between funds`** ``` £5,310wastransferredfromtheGeneralFundtotheThirdSectorResilienceFund(TSRF)to cover salary and other remaining costs in relation to this project. ``` ``` £2,605was transferredfromthe WarmWelcomeFundto the GeneralFund.This amountconsisted of transferofhubequipmentwithanetbookvalueof£2,605whichhasbeentransferredtogeneral use following utilisation of the fund. ``` ## **`10. RELATED PARTY DISCLOSURES`** ``` The following employees were paid remuneration during the period as follows: ``` ``` MsVWelsman-Millard(formertrustee)waspaidgrosssalaryof£15,187duringtheperiod. Ms Welsman-Millardresignedasatrusteeon5February2023.Shewasemployedfrom6 February 2023 until 5 June 2023 then again from 11 September 2023 to date. ``` ``` Between5June2023and11September2023MsWelsman-Millardcarriedoutmanagement and financialsupportservicesforthe charityon a selfemployedbasis.The paymentstotalling£1,680 were approved by the trustees. ``` ``` Ms J Lawler(formertrustee)waspaidgrosssalaryof £8,365duringtheperiod.Ms Lawlerbecame an employeeonazerohourscontracton26April2023andresignedasatrusteeon12June2023. The salary paid between 26 April and 12 June 2023 was £650. ``` ``` TheBoardofTrusteesapprovedtheappointmentofMsWelsman-MillardandMsLawler,along with thelevelofremunerationpaid,andconsiderthattherearenoissuesarisinginrelationtoconflict of interest concerns. ``` ``` continued... ``` ``` Page 15 ``` ``` Blossom & Bloom ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ``` ## **`10. RELATED PARTY DISCLOSURES - continued`** ``` The following trustees were paid expense payments during the period as follows: ``` ``` MsJAndersonwaspaid£100reexpensesforpaintingamuralonthewallofthenewhubprior to opening. ``` ``` MsJLawler-paymentstotalling£200werepaidtoMsLawlerandheradultdaughtersforout of pocket expenses for volunteer cover during the hub opening week/child poverty consultation. ``` ## **`11. GOING CONCERN`** ``` Thetrusteeshaveareasonableexpectationthatthecharityhasadequateresourcesandreserves to continueinoperationalexistencefortheforeseeablefuture.Thusthetrusteesconsiderit appropriate to adopt the going concern basis of accounting in preparing the financial statements. ``` ``` Page 16 ``` ``` Blossom & Bloom ``` ## `Detailed Statement of Financial Activities for the Year Ended 31 December 2023` |`Unrestricted`
`Restricted`
`funds`
`funds`
`£`
`£`
**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`15,033`
`-`
`Grants`
`-`
`126,522`
`15,033`
`126,522`
**`Total incoming resources`**
`15,033`
`126,522`
**`EXPENDITURE`**
**`Charitable activities`**
`Trustees' salaries`
`-`
`650`
`Trustees' expenses`
`-`
`300`
`Wages`
`4,345`
`63,974`
`Pensions`
`89`
`716`
`Rates and water`
`-`
`674`
`Light and heat`
`12`
`392`
`Postage and stationery`
`-`
`515`
`Advertising`
`-`
`1,950`
`Sundries`
`22`
`158`
`Event costs`
`344`
`550`
`Refreshments`
`-`
`120`
`Courses and training`
`-`
`1,143`
`Gifts`
`-`
`124`
`Hub running costs`
`1,240`
`36`
`Repairs and cleaning`
`651`
`8,384`
`Baby box costs`
`-`
`673`
`6,703`
`80,359`
**`Support costs`**
**`Management`**
`Rent payable`
`-`
`288`
`Insurance`
`358`
`96`
`Telephone`
`-`
`422`
`Postage and stationery`
`92`
`200`
`Advertising`
`200`
`124`
`Sundries`
`1,040`
`877`
`PAYE interest`
`1`
`-`
`Subscriptions and training`
`-`
`444`
`Repairs and computer costs`
`383`
`120`
`Donations`
`20`
`-`
`Management and support costs`
`1,560`
`120`
`Depreciation of tangible and heritage assets`
`751`
`-`
`4,405`
`2,691`|`31.12.23`
`Total`
`funds`
`£`
`15,033`
`126,522`
`141,555`
`141,555`
`650`
`300`
`68,319`
`805`
`674`
`404`
`515`
`1,950`
`180`
`894`
`120`
`1,143`
`124`
`1,276`
`9,035`
`673`
`87,062`
`288`
`454`
`422`
`292`
`324`
`1,917`
`1`
`444`
`503`
`20`
`1,680`
`751`
`7,096`|`31.12.22`
`Total`
`funds`
`£`
`590`
`79,628`| |---|---|---| |||`80,218`| |||`80,218`
`-`
`-`
`88,917`
`927`
`-`
`-`
`-`
`-`
`-`
`1,011`
`758`
`1,087`
`185`
`-`
`-`
`-`| |||`92,885`
`8,265`
`825`
`379`
`672`
`1,762`
`314`
`6`
`722`
`367`
`-`
`-`
`424`| |||`13,736`| ``` This page does not form part of the statutory financial statements ``` ``` Page 17 ``` ``` Blossom & Bloom ``` ## `Detailed Statement of Financial Activities for the Year Ended 31 December 2023` |`for the Year Ended 31 December 2023`||||| |---|---|---|---|---| ||||`31.12.23`|`31.12.22`| ||`Unrestricted`|`Restricted`|`Total`|`Total`| ||`funds`|`funds`|`funds`|`funds`| ||`£`|`£`|`£`|`£`| |**`Management`**||||| |**`Governance costs`**||||| |`Accountancy`|`1,344`|`-`|`1,344`|`1,320`| |`Total resources expended`|`12,452`|`83,050`|`95,502`|`107,941`| |**`Net (expenditure)/income`**|`2,581`|`43,472`|`46,053`|`(27,723)`| ``` This page does not form part of the statutory financial statements ``` ``` Page 18 ```