**REGISTERED COMPANY NUMBER: CE026325 (England and Wales) REGISTERED CHARITY NUMBER: 1195401** **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 5 AUGUST 2021 TO 31 AUGUST 2022 FOR** ## **PEMBROKESHIRE BABY BANK** Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA71 4LB **PEMBROKESHIRE BABY BANK** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 5 AUGUST 2021 TO 31 AUGUST 2022** ||Page| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4| |Notes to the Financial Statements|5 to 6| |Detailed Statement of Financial Activities|7| **PEMBROKESHIRE BABY BANK** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 5 AUGUST 2021 TO 31 AUGUST 2022** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 5 August 2021 to 31 August 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **INCORPORATION** The charitable company was incorporated on 5 August 2021. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** CE026325 (England and Wales) ## **Registered Charity number** 1195401 ## **Registered office** Unit 3 Poolman Court London Road Pembroke Dock Pembrokeshire SA72 4RZ ## **Trustees** Mrs S Bridges Trustee & Chair - appointed 5.8.21 T J Lester Trustee - appointed 5.8.21 Mrs E Luzenko-Hayes Trustee - appointed 23.9.22 ## **Company Secretary** **Independent examiner** Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA71 4LB ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **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** ## **Objectives and aims** The objects of the charity is the prevention or relief of poverty in Pembrokeshire by providing essential items of baby clothing and equipment to parents and families in need with young children. Approved by order of the board of trustees on ............................................. and signed on its behalf by: ............................................. Mrs S Bridges - Trustee Page 1 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PEMBROKESHIRE BABY BANK** I report on the accounts of the company for the period 5 August 2021 to 31 August 2022, which are set out on pages three to six. ## **Responsibilities and basis of report** As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independant examination, I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. My role is to state whether any material matters have come to my attention giving me cause to believe: 1. that accounting records were not kept as required by section 386 of the Companies Act 2006; or 2. that the accounts do not accord with those records; or 3. that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; or 4. that there is further information needed for a proper understanding of the accounts. ## **Independent examiner's statement** I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention. Caroline Wheeler ICAEW Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA71 4LB Date: ............................................. Page 2 **PEMBROKESHIRE BABY BANK** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 5 AUGUST 2021 TO 31 AUGUST 2022** |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**INCOMING RESOURCES**||| |**Incoming resources from generated funds**||| |Voluntary income||20,894| |**RESOURCES EXPENDED**||| |**Charitable activities**||| |Delivery of the charities objects||3,601| |**Governance costs**||540| |**Total resources expended**||4,141| |**NET INCOMING RESOURCES**||16,753| |**TOTAL FUNDS CARRIED FORWARD**||16,753| |||| The notes form part of these financial statements Page 3 ## **PEMBROKESHIRE BABY BANK** ## **BALANCE SHEET AT 31 AUGUST 2022** |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**CURRENT ASSETS**||| |Cash at bank||17,293| |**CREDITORS**||| |Amounts falling due within one year|3|(540)| |**NET CURRENT ASSETS**||16,753| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||16,753| |**NET ASSETS**||16,753| |**FUNDS**|4|| |Unrestricted funds||16,753| |**TOTAL FUNDS**||16,753| |||| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2022. The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006. ## The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015). The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by: ............................................. Mrs S Bridges -Trustee ............................................. T J Lester -Trustee The notes form part of these financial statements Page 4 **PEMBROKESHIRE BABY BANK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 5 AUGUST 2021 TO 31 AUGUST 2022** ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the period ended 31 August 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the period ended 31 August 2022. ## **3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |||||£| |---|---|---|---|---| |Other creditors||||540| |**MOVEMENT IN FUNDS**||||| |**Unrestricted funds**||Net movement
in funds
£|At 31.8.22
£|| |General fund||16,753||16,753| |**TOTAL FUNDS**||16,753||16,753| |Net movement in funds, included in the above are as follows:||||| |**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement in
funds
£|| |General fund|20,894|(4,141)||16,753| |**TOTAL FUNDS**|20,894|(4,141)||16,753| |||||| ## **4. MOVEMENT IN FUNDS** Page 5 **PEMBROKESHIRE BABY BANK** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE PERIOD 5 AUGUST 2021 TO 31 AUGUST 2022** ## **5. DONATIONS RECEIVED** As well as monetary donations received the charity also received donations from the general public in way of clothing and equipment both used and new. The value of these donations are not recorded. All items are donated to families in need. ## **6. VOLUTEERS TIME** During the period the charity has benefitted from volunteer support, no adjustment has been made to the accounts to reflect the value of volunteer time. Page 6 **PEMBROKESHIRE BABY BANK** **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 5 AUGUST 2021 TO 31 AUGUST 2022** |**INCOMING RESOURCES**
**Voluntary income**
Donations
**Total incoming resources**
**RESOURCES EXPENDED**
**Charitable activities**
Insurance
Sundries
Rent
Repairs, maintenance and minor equipment
Baby cloths, equipment and other consumables
**Governance costs**
Accountancy
**Total resources expended**
**Net income**|£
20,894
20,894
382
71
1,248
234
1,666
3,601
540
4,141
16,753| |---|---| This page does not form part of the statutory financial statements Page 7