2023-05-29-accounts - Teulu Boaz

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Section C: Notes to the accounts Trustees’ annual report for the period

Period start date 3 0 0 5 2 2 Period end date 2 9 0 5 2 3

Charity name Teulu Boaz

Charity No (if any)

1 1 9 9 1 2 1

Objectives and Activities

Objectives and Activities
	SORP reference		p,
Summary of the purposes of the charity as set out in its governing document	Para 1.17	For the public benefit, the relief and assistance of those in Wales in need by reason of poverty or financial hardshi in particular but not exclusively by providing long term affordable rented accommodation, ~~in accordance with Christian principles.~~
Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts.	Para 1.17 and 1.19	Provide and maintain a domestic property in a suitable condition for rental and provide support to the occupiers.
Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft	Para 1.18	The trustees have had regard to the Charity Commission's guidance when carrying out its activities.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	N/A
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	The trustees are the only volunteers involved, and their contribution is vital to the work of the charity
Other		N/A

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole.	Para 1.20	During this year, the charity was founded and all necessary supporting processes were put in place eg. Bank account, management agreement with agents, registration. A suitable property was idenified and purchased and necessary maintenance work completed. Our first occupiers moved from temporary accommodation into the property during December. This was clearly a significant improvement in their circumstances but also released the temporrary accommodation for someone else in need.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Achievements against objectives set	Para 1.41	Our first year objective to establish the charity, purchase a property and settle a family into it were met.
Performance of fundraising activities against objectives set	Para 1.41	N/A
Investment performance against objectives	Para 1.41	N/A
Other		N/A

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Financial Review

	SORP reference
Review of the charity’s fnancial position at the end of the period	Para 1.21	There was £8593 at hand in the bank and a property worth £170,000
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held to cover any property associated costs which may arise.
Amount of reserves held	Para 1.22	£5,000
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in defcit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a goingconcern	Para 1.23	There are currently no uncertainties.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Donations and rental income
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	No current risks identified
Other

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Structure, Governance and Management

Description of charity’s trusts:	SORP reference
Type of governing document (trust deed,royal charter)	Para 1.25	Foundation model constitution
How is the charity constituted? (e.gunincorporated association,CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are selected on the basis of their skills and experience and are appointed by a resolution passed at a properly convened meeting.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policies and procedures adopted for the induction and training of trustees	Para 1.51	Trustees are given appropriate documentation from the Charity Commission explaining their role.
The charity’s organisational structure and any wider network with which the charityworks	Para 1.51
Relationship with any related parties	Para 1.51	The charity uses the services of the Care Society to support beneficiaries.
Other

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Reference and Administrative details

Charity name	Teulu Boaz
Other name the charity uses
Registered charity number	1199121
Charity’s principal address	Alltyrodyn Home Farm Capel dewi Llandysul SA44 4PU

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
ACA Archard	Trustee
EM Rees	Trustee
GP Stagg	Trustee
RJ Stagg	Trustee

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Reference and Administrative details (cont)

Corporate trustees – names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
N/A

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October 2016

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Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Gillian Stagg

Position (eg Secretary, Secretary Chair, etc)

Date

Charity Accounts templates – Trustees’ annual report for the period

October 2016

	Charity Name Teulu Boaz	Charity Name Teulu Boaz	Charity Name Teulu Boaz	No (if any) 1199121	CC16a
	For the period from	Period start date 5/30/2022	To	Period end date 5/29/2023

Section A Receipts and payments
A1 Receipts Donatioms 180,915 Rent 1,915 - - - - - - 182,830 - - Sub total - Total receipts 182,830 A3 Payments Costs re housepurchase 1,887 Insurance 229 Registration 45 Rates 191 Maintenance 1,655 Agents fees 230 - - Sub total 4,237 13 Third Avenue 170,000 - Sub total 170,000 Total payments 174,237 Net of receipts/(payments) 8,593 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end 8,593 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table)		to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £ 180,915 1,915 - - - - - - 182,830 - - - 182,830 1,887 229 45 191 1,655 230 - - - 4,237 170,000 - 170,000 174,237 8,593 - - 8,593	Last year to the nearest £
			-	180,915	-
			-	1,915	-
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			-	-	-
			-	-	-
			-	-	-
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			-	182,830	-

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			-	182,830	-

			-	1,887	-
			-	229	-
			-	45	-
			-	191	-
			-	1,655	-
			-	230	-
			-	-	-
			-	-	-
			-	-	-
			-	4,237	-

			-	170,000
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			-	170,000	-

			-	174,237	-

		-	-	8,593	-
		-	-	-	-
		-	-	-	-
		-	-	8,593	-

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use	Details at bank Details Details 13 Third Avenue Details Details *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ 8,593 - - 8,593 OK to nearest £ - - - - - - Unrestricted Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates	to nearest £ - - - - OK to nearest £ - - - - - - Cost (optional) 170,000 - - - - Cost (optional) - - - - - - - - - - - - - - Restricted funds Restricted funds Amount due (optional)	to nearest £ Endowment funds
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				OK
				to nearest £ Endowment funds
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				Current value (optional)
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				Current value (optional)
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				When due (optional)
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Signed by one or two trustees on behalf of all the trustees

Signature

Print Name

Date of approval

Teulu Boaz	Financial Transactions	30 May 2022 - 29 May 2023	30 May 2022 - 29 May 2023
List of transactions	Date and Time:	11/20/2023 16:52
Transactions List:
Transaction										Rent
date	Bank reference	Type of payment	Customer reference	Receipts	Payments	Description	Payment Category	Receipt Category	Rent	Deductions
7/31/2022	N/A	Faster Payment	Stagg Richard	540.00		Advance for survey
7/31/2022	N/A		J Rainsbury		- 540.00	Survey Report	Purchase Expenses
8/23/2022	N/A		Stagg Richard	275.00		Advance for disbursements
10/12/2022	STAGG	Faster Payment	Stagg Richard	100.00		Donation		Donation
10/31/2022	2210262457CF	BACS Credit	CAF2210262457CF	180,000.00		Donation		Donation
11/1/2022	ALUN THOMAS AND JO	CHAPS debit	CHAPS STG U00020DX		- 171,321.96		House purchase
11/1/2022	4428	Commission	CHAPS OUT		- 25.00		Bank charge
11/10/2022	4988243034040893 CARD	Purchase	0893 DL FOR BUSINE		- 322.71	Property insurance	Insurance
12/6/2022	Teulu Boaz INV-106	Standing Order	Richard Mann Plumb		- 141.60	Gas Checks/correction	Maintenance
12/6/2022	4988243034040893 CARD	Purchase	0893 RENT SMART WA		- 45.00		Registration
12/14/2022	14805 Teulu Boaz	Standing Order	M D Electrical		- 1,293.82	Electrical checks/correction	Maintenance
1/5/2023	4988243034040893 CARD	Refund	0893 DL FOR BUSINE	94.20		Refund insurance
2/1/2023	13 Third Avenue	Standing Order	Anthony Davies		- 120.00	Replace door	Maintenance
2/20/2023	4988243034040893 CARD	Purchase	0893 CEREDIGION		- 191.03		Rates
2/22/2023	13 THIRD AVENUE	Faster Payment	CYMDEITHAS GOFAL T	421.26		Net rent		Rent	478.70	57.44
3/7/2023	13 THIRD AVENUE	Faster Payment	CYMDEITHAS GOFAL T	336.66		Net rent		Rent	478.70	142.04
3/27/2023	CARD 4988243034040893	ATM Debit	0893LINK11:34MAR27		- 100.00		Maintenance
4/11/2023	13 THIRD AVENUE	Faster Payment	CYMDEITHAS GOFAL T	421.26		Net rent		Rent	478.70	57.44
4/11/2023	13 THIRD AVENUE	Faster Payment	CYMDEITHAS GOFAL T	98.69		Payment reversal		Rent
5/5/2023	13 THIRD AVENUE	Faster Payment	CYMDEITHAS GOFAL T	407.16		Net rent		Rent	478.70	57.44

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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Exarniner's Report Report to the trustees Teulu Boaz On accounts for the year ended 2910512023 Charity no (If any) 1199121 Sgt out on pag8s iiertlwh1 10 Ilie yA9e J1ufflL-IS ol adOiirf)fial slieel%l I report to the trustees on my examinatton ofthe a¢(unts of the above charty {kne Trusf) for the year ended 2910512023. Responsibilities and basls of report As the Charity's trustees. you are resnsible for the preparation of the accounts in accordance wilh the requirements ofthe Chariiies Act 2011 (Ihe Acal. I reFQrt in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in rying out my examlnatlon, I have followed all the apble Directions grwen by the Charty Commisslon under section 145(5)(b) of the AGI. Independent I have completed my examinal•)n. I confirm that no material matters have examiner's statement come to my attentts)n in conneCt)n the examination which gwes me cause to believe that in. any material respect: the awjunting records vRre not kept in acojrdance with section 130 of the Chanties Act., or the a¢DJunts did Th)1 accord with the acUntIng records., or the accounts did comply with the applicable requirements conceming the fom and content of a(Tounts set out in the Charities (AOUnts and ReFy)rts} Regulations 2008 oiher than any requirement that the accounts give a 'true and fai view which is nol a matter considered as part of an independenl examination. I have no conM$ aTrJ have c4)me aryoss no (ther matters wi wnnecbon with the examination lo which attention should be drawn in this POrt in order to 8nable a proper understanding of the accounts to be reached. Signed: Date". 26103r2024 Name: Atvryn Vobe Relevant profe881onal qualiflcallon{s) or body (If any): AC.C.A Address: Maesowen Rhydowen IER Oct 2018

CHARITY COMMISSION FOR ENGLAND AND WAIES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Chairfy Naiiie Teulu Boaz On accounts for the year ended 29105f2023 Charlty no lif any) 1199121 Set out on pages Iienvthi lo Inclthe It paye nLE15 01 ad0,11al 51icoisi I rewrt to the trustees on my examination of the arUnts of the above tharity he Trusf) for the year ended 29105r2023. Responsibilities and basis of report As the charitys trustees, you are $[OnSIble for the preparation of the aOunts in ardan with the requirements of the Charities Act 2011 rthew. I retM)rt in respect of my examination of the Trnsfs accounts caNied OLrt under ion 145 ofthe 2011 Act and n carying out my examination. I have followed all the aprAtabk Difions given by the Charity Commisston under section 14515Xb) of the Act. Independent I have cOMpd ffry eXaMatn. I confim that material matters have examlnefs statement come lo my attentK)n in connection with the examination which gives me cause lo believe that in. any material respect: the accounting records Ere not kepl in )rdanC£ with se¢lton 130 of the Charities Act: or the aclxsunts did rwjl aurd with the accounting rerdS.. or the accounts did mt c(ryty with the applicgble requirements conceming the fomi and cfjntent of acxounts set out in the Charities {AcUnts and Rerts) Regumions 2008 other than any requirement th the actounls gNe a'true and fairf view whi¢h is not 8 matter con5Klered a5 part of an indepeThJent examinati(. I have no concems and have come acmss no other matters in CXJnnti0n wtih the examination to which attention should be drawn in Ihis report in order to enable a proper understanding of the aCUnIS lo be reached. Slgned: Date: 2610312024 Name: Arwyn Vobe Relevant professlonal qualifi¢ation(s) or b¢)dy Ilf any): A.C.C.A Address: Maesowen Rtydowen IER Oct 2018