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2024-03-31-accounts

REGISTERED CHARITY NUMBER: 1203908

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

BOYS ANO GIRLS CLUBS OF WALES

Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park SWansea SA79LA

BOYS AND GIRLS CLUBS OF WALES

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Repor of the Tn•ts **1to4 **
Indepndent Examiners Repor 5
SttmentoFinancial Aclvlte• 6
Blance Shet 7
Cash Flow Stment 8
Nots t te Ca•h Flow Statment 9
Not to te Rnnclal Sttement 10to23
Dtlld SttementoFinancial Activites 24t 25

BOYS AND GIRLS CLUBS OF WALES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019).

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES

During the year 202312024 the Boys' and Girls' Clubs of Wales (BGC Wates) undertook the following objectives as listed in the goveming document.

- To promote and encourage the formation of Boys' and Girls' Clubs (BGCs) and to assist and support them in their work.

- To co rdinate any literature relating to young people's work and to prepare a paper where required. - To apply for, receive and administer grants and other funding and to raise funds for the furtherance of the aims and objectives of the organisation.

- To generate affiliation from other youth groups who wish to take advantage of the opportunities that BGC Wales offer.

The organisation continues to develop its work reflecting the National Youth work Strategy for Wales and the Interim Youth Work Boards' report - Time to deliver for young people in Wales : Achieving a sustainable delivery model for youth work services in Wales (2021 ).

BGC Wales continues to develop its work in support of the National Youth Work Strategy for Wales and the Interim Youth Work Boards' report - Time to deliver for young people in Wales: Achieving a sustainable delivery model for youth work services in Wales (2021). The organisation prepares audited financial statements for each financial year which give a true and fair view of its financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees follow best practice and:

- Select suitable accounting strategies and apply them consistently.

The Trustees have complied with the duty in the 2022 Charities Act to have due regard to guidance published by the Charity Commission, and the accounts have been prepared applying the FRS 102 SORP rules to disdose a true and fair position.

The Trustees are responsible for keeping accounting records which disdose with reasonable accuracy the financial position of the charity at any time and which enable the trustees to ensure that the financial statements comply with applicable law.

The Trustees are also responsible for safeguarding and monitoring the assets of the charity and for their proper application, and hence for taking reasonable steps for the prevention and detection of fraud.

ACHIEVEMENTS AND PERFORMANCE

We have had a very good and productive year despite the regular challenges of running a charity in this economic climate. The charity has been able to offer a full and varied programme that has provided new opportunities for young people to fulfil their potential. During the financial year (2023/24), the Finance Sub-Committee maintained a collaborative relationship with the Leadership & Management (L&M) Sub-Committee, significantly enhancing the organisation's management and governance processes.

The Committee has opted to maintain the affiliation fee the same rate as in previous years. For the 2023/24 period, the organisation reviewed the monitoring process for affiliations and continued to build positive relationships with its members. During this period, membership increased to 140 member clubs

National projects and programmes (restricted) in 2023124

Partnership working with youth services in Neath Port Talbot (NPT), Blaenau Gwent, Flintshire and Vale of Glamorgan.

NPT - two experienced youth workers work alongside with the staff team in the youth service, creating new and diverse activities and training at both statutory and BGC Clubs in the area, as well as assisting BGC clubs to develop their own projects and activities, providing young people with volunteer opportunities.

Page 1

BOYS AND GIRLS CLUBS OF WALES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Blaenau Gwent - A Wellbeing Youth Worker was appointed to work alongside with Blaenau Gwent Youth Service. During this period, we assisted and supported the Positive Futures Project, an alternative education for young people who are on the verge of being expelled.

Flintshire - It focuses on supporting young people with spe ch and language needs whilst also providing help, support and guidance to their friends and family. It was inspiring to witness so many young people actively participating in club activities organised by our experienced staff team. Ad itionally, the team ran 3 Forest School sessions in August 2023, enabling the young people to fully immerse themselves in the wonders of nature.

Vale of Glamorgan - to provide the support needs of voluntary youth organisations in the Vale of Glamorgan, where the organisation aims to establish partnerships with other agencies to ensure that young people will be given high quality provision. This project includes information events and e-leaming modules.

OfCom - we have been working with ProMo Cymru to deliver a Media Literacy project to 100+ young people aged 11-14. 5 young people have been chosen to be involved with the project as the steering group. Elise, OfCom colleagues, Sarah and Megan, are meeting regularly with the ste ring group and are looking f01Ward to going out and delivering the project into the community.

Police Youth Volunteer Scheme - we are one of the partner organisations along with Cardiff Metropolitan University and University of Wales Trinity St David's, commissioned by the Council for Wales of Voluntary Youth Services (CWt/YS), to enhance the delivery of the Police Youth Volunteers (PYV) Scheme. The four-year agreement funded by the Police and Crime Commissioner marks an exciting new chapter for the scheme which works with young volunteers aged between 14 and 18. The PYV scheme is part of a police unifonned youth group recognised throughout the UK. It aims to encourage the spirit of adventure and good citizenship and inspire young people to participate positively in their communities and it also delivers volunteer work which helps support local policing priorities.

Democratic Engagement -A 2-year project empowers young people to voice their concerns for their communities. The aim of this project is to build on the successful Raise Your Voice model, make grants available to commission young people to create or facilitate youth-led democracy events or workshops, and digital content for the Raise Your Voice website. 4 digital workshops per year would be run by Swansea MAD, as well as professional support from Deryn.

Social Action Projects - Funded by Principality Building Society, the purpose of this funding was to provide young people with the opportunity to participate in social action projects. This initiative emerged after the delivering of a political project. Through our member clubs in Wales, we identified that some young people lack the same opportunities as their peers due to life circumstances and the environments in whieh they are growing up. We have been working with young people to educate them, raise awareness of the needs of others and build a sense of community. Additionally, we have empowered them to express their voices through social action projects at their clubs.

RSBC - working in partnership with the Royal Society of Blind Children offered training to our member clubs. Capacity Building Training is a fre interactive, online, three-hour training course, where club leaders gain knowledge and confidence to be able to include blind and partially sighted children and young people into their provision.

Curriculum projects - a 12-month programme funded by National Lottery Community fund, enabling our project team to deliver workshops and training at member clubs, including Safer Internet, Show Racism The Red Card, British Science we k, energy saving workshop and wellbeing workshop.

International projects and programmes (restricted) In 2023/24

Following the conclusion of the Erasmus+ funding, BGC Wales is pleased to continue its international youth work through Wales's new International Leaming Exchange Programme (TAITH), which is funded by the Welsh Government and managed by Cardiff University.

The organisation was successful secured funding for the following applications:

During the financial year 2023-2024, Project staff delivered a variety of international exchange initiatives. Each project has its own unique purpose and objectives, tailored to meet the needs of young people.

Page2

BOYS AND GIRLS CLUBS OF WALES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

TAITH funding has also facilitated opportunities for practitioner exchanges with staff from Escola Pia Salt (Catalonia), and the Wor1d Youth Clubs and Boys, Gins Clubs of America and their member clubs in the USA such as Boys and Gir1s Clubs of Ws hington State, Boys and Girls Clubs of Yellowstone County, Boys and Girls Clubs of Canada, Boys and Girls Clubs of Mexico, Sports and Leadership Academy (USA), Boys and Girls Clubs of South Africa, and Youth Challenge Africa (Rwanda). In total, 32 \Neish youth work practitioners and member club leaders benefited from these projects

National projects and programmes (unrestricted) in 2023124

Youth Forum • The Youth Forum has 10 active members who are led by our Youth Participation Officer. They meet regularly to share their concerns and achievements, as well as to promote BGC wates's projects and programmes within their clubs. During this period, the Youth Forum had an excellent opportunity to visit the UK Par1iament in \Nestminster and participate in a workshop delivered by the Education Team. In March 2024, the group was honoured to be selected as the runner up of the UK Parliament Week Champion of the Year Award!

BGC Wales's Sport Panels have continued to work diligently to provide opportunities for young people across Wales. All representative teams were supported by the organisation's unrestricted fund with the panel's fundraising activities and their sponsorships. This report highlights the key activities and participation statistics from our recent sports trials and championships.

- Boys' Football - 105 U15s and 207 U17s attended for their trials. Both squads played a match against Boys and Gins Clubs of Scotland in Scotland in July 2023.

- Boys' Rugby: more than 500 attended for U16s and U18s trials. Through the season, U16s played 3 games (2 won and 1 lost) against teams at academy level in England.

- Pool Competition - over 50 young people entered the competition in the category of U12s, U14s and U16s. -Cross Country - 14 young people from Grangetown BGC participated in the NABGC Cross Country at Layer Manes in Essex.

The successful and an increased participation for trials and championships aa-oss various sports demonstrates the commitment of BGC Wales to fostering talent and providing valuable opportunities for young athletes.

The Extraordinary General Meeting (EGM) and Annual General Meeting (AGM) took place at Treorchy & Cwmparc Boys and Girls Club in November 2023. This is a significant event marked the organisation's transition to a Charitable Incorporated Organisation.

In March 2024, the organisation launched its Strategy 2024-28 (LINK) - The organisation offers young people opportunities by providing a full and varied programme of educational, sporting, cultural and social activities which are designed to be attractive and exciting to young people. This strategy is set out in five strategic priority areas, these include:

• Comprehensive offer for young people

- Vibrant Sporting Offer

- Sector Leading Organisation

Dissolutions of Member Clubs - following the dissolution of the clubs listed below, the organisation has taken steps to ensure all legal matters are processed appropriately. The agreed purpose for their assets is to support the development of youth activities at The Lodge, with plans for events and training sessions underway. - Lonlas Boys Club

ESTYN Inspection

The organisation took part in a pilot voluntary youth work inspection conducted by ESTYN in Wales in March 2024. Confident in its achievements and dedicated to ongoing improvement, the organisation eagerly anticipates the outcomes, which are set to be announced in May 2024. These results will be promptly communicated to stakeholders.

FINANCIAL REVIEW

Financial position

Boys and Girls Clubs of WaleS financial position has continued to be healthy despite tough economic conditions. V'vtlile the cost of living crises has had an impact on surpluses, the Charity's income has increased during the year to £796,971 (2023: £655,583) primarily due to charitable activities. Expenditure has increased on last year to £813,293 (2023: £584,091) resulting in a (deficit)/surplus of (£16,322) (2023: £71,492).

Page 3

BOYS AND GIRLS CLUBS OF WALES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

FINANCIAL REVIEW Reserves policy

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

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE ANO ADMINISTRATIVE DETAILS Registered Charity number 1203908

Principal address Pencoed Technology Park Bridgend CF355HZ

Trustees

AC Howells

A M Borsden - Chairman (from 26. 1.23) Miss C S Evans Miss J M Lloyd P NJohn R J Bennett (resigned 27.6.22) R Morris TO'Sullivan S Khaireh R Williams Treasurer R Fussell Vice Chairman A Morgan

Independent Examiner Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA79LA

Approved by order of the board of trustees on 9th January 2025 and signed on its behalf by:

----- Start of picture text -----
,;
........ 1 ............................... .
A M Borsden - Trustee
----- End of picture text -----

Paae4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOYS AND GIRLS CLUBS OF WALES

Independent examiner's report to the truste s of Boys and Glrla Clubs of Wales I report to the charity trustees on my examination of the accounts of Boys and Girls Clubs of Wales (the Trust) for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountan1s in England and Wales, which is one of the listed bodies.

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:

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 aocounts 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.

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.

Henry Lloyd Davies The Institute of Chartered Accountants in England and Wales

Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA79LA

Date: 9th January 2025

Page5

BOYS AND GIRLS CLUBS OF WALES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Nots
INCOME AND ENDOWMENTS FROM
Donations and leacies
2
Charitble actvites
5
Grants and cntrcs
Other trding acivites
3
Investent incme
4
Other income
Totl
EXPENDITURE ON
Charible actvite
6
Grnt and cntracts
Charitable activities
Totl
NET INCOME/(EXPENDITURE)
Transfer bet n funds
14
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brught frar
TOTAL FUNDS CARRIED FORWARD		 Unrstricted
funds
£
23,897
1,370
59,530
2,014
3,470
90,281
105,714
10,714
(15,433)
28,718
13,285
77,259
**90,5 **		 Restd
funds
£
70,69
70,690
707,579
707,579
(89)
(28,718)
(29,607)
485,293
455,686		 2024
2023
Total
Total
funds
funds
£
£
23,897
26,779
708,060
58,198
59,530
42,502
2,014
443
3,470
1,661
79,971
655,583
813,293
58,091
813,293
58,091
(16,322)
71,492
(16,322)
71,492
562,552
491,00
546,230
562,552

TM notes form part of these financial statements

Page6

BOYS AND GIRLS CLUBS OF WALES

BALANCE SHEET 31 MARCH 2024

2024 2023
Unrestricted
funds		 Restricted
funds		 Total
funds		 Total
funds
Notes £ £ £ £
RXED ASSETS
Tangible assets		 11 239 244,444 244,683 247,741
CURRENT ASSETS
Debtors 12 66,149 26,850 92,999 99,663
Cash at bank 52,093 184,393 236,486 245,878
118,242 211,243 329,485 345,541
CREDITORS
Amounts falling due within one year 13 (27,938) (27,938) (30,730)
NET CURRENT ASSETS 90,304 211,243 301,547 314,811
TOTAL ASSETS LESS CURRENT UABIUTIES 90,543 455,687 546,230 562,552
NET ASSETS 90,543 455,687 546,230 562,552
FUNDS 14
Unrestricted funds
Restricted funds		 90,543
455,687		 n,259
485,293
TOTAL FUNDS 546,230 562,552

The financial statements were approved by the Board of Trustees and authorised for issue on 9th January 2025 and were signed on its behalf by:

� ........ AM Borsden -Trustee

The notes form part of these financial statements

BOYS AND GIRLS CLUBS OF WALES

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

2024 2023
Notes £
Cash flows from operating ac:tivltles
Cash generated from operations		 (11,406) 38,832
Net cash (used in)/provided by operating activities (11,406) 38,832
Cash flows from investing activities
Interest received		 2,014 443
Net cash provided by investing activities 2,014 443
Change In cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period		 (9,392)
245,878		 39,275
206,603
Cash and cash equivalents at the end of
the reporting period		 236,486 245,878

The notes form part of these financial sta ements

Page.a

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 202A

1. RECONCILIATION OF NET (EXPENDITURE)I NCOME TO NET CASH FLOW FROM OPERA TING ACTIVITIES

RECONCILIATION OF NET (EXPENDITURE)I NCOME TO NET CASH FL
ACTIVITIES		 OW FROM OPERA TING
2024 2023
£ £
Nat (expendlture)/lncoma for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Decrease/(increase) in debtors
Decrease in creditors		 (16,322)
3,058
(2,014)
6,664
(2,792)		 71,492
3,058
(443)
(26,700)
(8,575)
Net cash (used ln)lprovlded by operations (11,406) 38,832
-- --
2. ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash a t bank
Total
At 1.4.23
£		 Cash flow
£		 At31.3.24
£
245,878 (9,392) 236,486
245,878 (9,392) 236,486
245,878 (9,392) 236,486

The notes form part of these financial statements

Page 9

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

On 07/07/2023 the organisation registered as a Charitable Incorporated Organisation (CIO), on this date the Trustees' agreed to transfer the activities, trade, assets and liabilities from the previous organisation to the CIO. This transfer to a CIO has been approved by the Charities Commission and accounted for under 'Merger' accounting, as outlined in the Charity SORP. The figures included in the financial statements are the figures as if the CIO was always in existence. The previous organisation registration is still held with the Charities Commission, but will be closed down prior to 31/03/2025.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donations are recognised as income when received. If a pledge is made, it is recorded as income at the time the pledge is made, provided the pledge is unconditional. Donations are classified as either restricted or unrestricted based on the donor's specifications. Non-cash donations are recorded at their fair market value at the time of donation.

Lodge contributions are recognised as income when received or when an enforceable pledge is made. These contributions are classified as either restricted or unrestricted based on the donor's intent This classification ensures that funds are used in accordance with the donor's wishes.

Grants are recognised as income when the conditions of the grant are substantially met. Conditional grants are recorded as liabilities until the conditions are fulfilled. Grants are classified as either restricted or unrestricted based on the grantor's specifications, ensuring compliance with the terms of the grant.

Registration fees are recognised as income when the event occurs or the membership period begins. Fees received in advance are recorded as deferred income until they are earned. Registration fees are classified as earned income, reflecting the organisation's activities and services.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold • Over the term of the lease Fixtures and fittings • 10% on cost

The long term leasehold asset is depreciated over it's useful life of 90 years, from the 04/11/2021- 04/11/2111.

No depreciation is charged in year of acquisition.

Taxation

The charity is exempt from 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.

continued ...

Page 10

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS· continued FOR THE YEAR ENDED 31 MARCH 2024

1.

ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concem.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of thre months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequenUy measured at their setUement value.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs. These costs have be n allocated between cost of raising funds and expenditure on charitable activities.

2. DONATIONS AND LEGACIES

2. DONATIONS AND LEGACIES
2024 2023
£ £
Donations 23,897 26,779
-- --
3. OTHER TRADING ACTIVITIES
2024 2023
£ £
Fundraising proce
s
Affiliation fe s
Registration Fees
Contributions for the Lodge		 266
2,340
31,90
25,024		 3,00
39,502
59,530 42,502
-- --
4. INVESTMENT INCOME
2024 2023
£ £
Deposit account interest 2,014 443
-- --

continued ...

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BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

6. INCOME FROM CHARITABLE ACTIVITIES

Activit
Grants
Grants and cntracs
Grants rive, Includd in the abov, ar as fllos:
Activ Inclusion 1+2 (ID 026874)
Creative Rurl Vale
Erasmus+ SOYP
Ersmus+ Toether In Europ
FLWProec
Kicstar
N.Wles -New Drgons Clubs
Str t Games
Voter Registation Suppor
\ lbing Youth Fund
NVO Welsh Government Fund grant
Community Foundation in Wales
Postcoe LoterTrst Fund
Blanau Gwnt Yout Suppr Fund
MSCT Nor Wale
NGED - Warm Hubs
NPT Youth Invetent Proect
RSBC
Street Games Wrld Cup
Summer of Fun Nor Wales
Taith (CVYS)
Taith P1 22/3
W World Cup Fund
Gareld Wston
SVYO
Neighbourly
Tesc Community Grant
The Nature Hubs Fund
W Demotic Engagement Grant
Dr Cymru Community Fund
Natonal Loter Community Fund
ProMo Cymru
Specrm Fibre Limitd
Internatonal Learning Exchange Proramme
Coalf10ld Community Trst Fund
South Wles Police Youth Trust (NPT)
Wlcome Brak Charitble Fund
VG Voluntary Suppor
Councl for Wales of Voluntary Yout Seics
Wrd Federation of Youth Clubs		 2024
£
708,060
2024
£
8,570
10,000
107,625
10,000
32,457
3,000
62,9
30,0
1,000
1,000
6,000
50,939
500
10,0
3,259
250
26,951
6,830
3,800
715
10,000
83,850
370
708,060		 2023
£
58,198
2023
£
39,091
(3)
9,885
14,409
3,405
8,747
5,000
2,507
27,650
(11,650)
23,436
30,786
7,000
9,999
80,000
3,021
3,600
10,000
24,490
127,019
78,837
5,000
82,000
58,198

continued ...

Page 12

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

6. CHARITABLE ACTIVITIES COSTS

7.

Dir Support
cost(see
Costs **note 7) ** Totals
Charitabe activities £
789,588		 £
23,705		 £
813,293
SUPPORT COTS Management Financ Goernanc
cos1		 Totals
Charitable actvites £
16,923		 £
15		 £
4,626		 £
23,705
-- -- -- --

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Truste s' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

9. STAFF COSTS

STAFF COSTS
2024 2023
£ £
Wages and salaries
Socal scrt c1s
Otherpension cst		 365,740
29,377
7,621		 25,259
15,955
5,597
402,738 277,811
The average monthly numbr of employes during th year was as fllos:
Average Employe No 2024
18		 2023
17

No emplo[y] ees received emoluments in excess of £60,000.

Management team of the chari[ty ] is made u[p ] of the Chief Executive Officer, totalling £59,809

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrsd
funds
£
INCOME AND ENDWMENTS FROM
Donations and leacies
16,763
Charitble actvite
Grants and cntrcs
5,001
Other trading activities
42,502
invetent incme
443
Other income
1,661
Totl
66,370
EXPENDITURE ON
Charitble actvites
Grants and cntracts
Charitable activities
45,001		 Restricted
funds
£
10,016
579,197
589,213
539,09		 Total
funds
£
26,779
56,196
42,502
443
1,661
655,583
58,091

continued ...

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BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

NOTES TO THE FINANCIL STATEMENTS - contnud
FOR THE YEAR ENDED 31 MARCH 22		 NOTES TO THE FINANCIL STATEMENTS - contnud
FOR THE YEAR ENDED 31 MARCH 22
10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES. continued
Unrsricted
funds
£
Totl
45,001
NET INCOME
21,369
Transfr bet n fund
3,221
Net movement in funds
24,590
RECONCILITON OF FUNDS
Total funds brught frard
52,672
TOTAL FUNDS CARRIED FORARD
77,262
11.
TANGIBLE FIXED ASSET
Long
leasehold
£
COST
At 1 Aprl 2023 and 31 Marc 2024
25,000
DEPRECIATION
At 1 April 2023
2,778
Charge fr year
2,778
At 31 March 2024
5,55
NET BOK VALUE
At 31 Mar 2024
244.44
At 31 March 2023
247,222
12.
DEBTORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR
Trade debtor
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditor
Taxation and social seurty
Other creditor		 Restricted
fnds
£
539,090
50,123
(3,221)
46,902
438,388
485,290
Fixtres
and
fttings
£
44,715
44,196
280
44.476
239
519
2024
£
92,999
--
2024
£
9,446
9,716
8,776
27,938
--		 Total
fnds
£
58.091
71.492
71.492
491,06
562,552
Totals
£
294,715
46,974
3,058
50,032
244,683
247,741
2023
£
99,63
--
2023
£
13,782
8,588
8,360
30,730
--		 Total
fnds
£
58.091
71.492
71.492
491,06
562,552

continued ...

Page 14

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
At 1.4.23
£
Unr•trctd fund•
General fnd
77,259
Restrctd fund•
N.Wles - New Drgons Clubs
531
Erasmus+ OVOE
18,455
Eramus+ SOYP
NVYO Welsh Goverment
Restrictd Proper Fund
247,222
Blaenau Gwnt Yout Suppor Fund
29,717
MS CT Nor Wales
7,000
NPT Youth Investent Proect
74,258
RSBC
2,8
Taith (C'YS)
10,137
Taith P1 22/3
95,133
Gareld Wston
Hubbub Foundation
Democratic Engagement Grant
Dw r Cymru Communi Fund
NLCF Awars fr All Wles 2023
Ofcom Proec (Promo Cymru)
Principality Futr Generaton Fund
Tait P2 23/4
Taith P1 23/4
Coalfield Communit Trst Fund
South Wales Police Youth Trut (NPT)
Wlcome Break Charitable Fund
VOG Voluntar Suppr
SWPC C
485,293
TOTAL FUNDS
562,552		 Net
movement
in fnds
£
(15,43)
(980)
(6,478)
8,569
20,240
(2,778)
1,926
(6,567)
(72,55)
2,711
(5,176)
(95,133)
(76)
1,00
3,69
14
4,89
2,93
8,047
24,267
94,933
1,172
3,80
715
10,000
(53)
(888)
(16,322)		 Transfr
bt n
funds
£
28,718
449
(11,977)
(8,59)
1,285
(433)
(1,693)
(4,961)
76
(14)
(2,934)
53
(28,718)		 At
31.3.24
£
90,53
21,525
24,44
31,63
5,551
1,000
3,694
4,89
8,047
24,267
94,933
1,172
3,800
715
10,000
455,687
546,230

continued ...

Page 15

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS • continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS • continued

Net movement in funds, included in the above are as follows:

Net movement in funds, included in the above are as f ollows:
Incoming
resources		 Resources
expended		 Movement
in funds
£
Unrestricted funds
General fund		 90,281 (105,715) (15,434)
Restricted funds
N.Wales • New Dragons Clubs		 **10,00 ** (10,980) (980)
Erasmus+OVOE
Erasmus+SOYP
NVYO WelshGovernment
Restricted PropertyFund
Blaenau Gwent Youth SupportFund
MSCT NorthWales
NPT Youth InvestmentProject		 8,569
107,625
32,457		 (6,478)
(87,385)
(2,778)
(30,531)
{6,567)
(72,565)		 (6,478)
8,569
20,240
(2,778)
1,926
{6,567)
(72,565)
RSBC
Taith(Cl/'NVS)
Taith P122/23
GarfieldWeston		 2,999
(1)
62,944
30,000·		 (288)
(5,175)
(158,077)
(30,076)		 2,711
(5,176)
(95,133)
(76)
Tesco CommunityFund
Hubbub Foundation
Democratic Engagement Grant
D.vr Cymru Community Fund
NLCF Awards for All Wales 2023
Ofcom Project (Promo Cymru)
Ogi Broadband Fund (Girls Football)		 1,000
6.000
50,939
500
10,00
3,009		 (1,000)
(5,000)
(47,245)
(486)
(5,104)
(75)		 1,000
3,694
14
4,896
2,934
250 (250)
Ogi Broadband Fund (Girls Rugby)
Principality Future Generation Fund
Taith P2 23/24
Taith P1 23/24		 250
10,000
61,816
203,138		 (250)
{1,953)
(37,549)
(108,205)		 8,047
24,267
94,933
Coalfield Community Trust Fund
South Wales Police Youth Trust (NPT)
Welcome Break Charitable Fund
VOG Voluntary Support
SWPCC		 6,830
3.800
715
10,000
83,850		 {5,658)
(83,903)		 1,172
3,800
715
10,000
(53)
706,690 (707,578) (888)
TOTAL FUNDS 796,971 (813,293) (16,322)

continued ...

Page 16

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS· continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS • continued

Comparatives for movement In funds

Comparatives for movement In funds
At 1.4.22
£		 Net
movement
in funds
£		 Transfers
betwe n
funds
£		 At
31.3.23
£
Unrestricted funds
General fund
The Lodge		 52,672 6,381
14,985		 18,206
(14,985)		 77,259
Restricted funds
Kickstart
Active Inclusion (ID026874)
Wellbeing Youth Fund
Street Games
N.Wales • New Dragons Clubs
Erasmus+ OVOE		 52,672
384
3,124
90,551
1,727
23,187		 21,366
(456)
9,708
(102,186)
108
(6,196)
(4,732)		 3,221
72
(12,832)
11,635
(108)
5,000		 77,259
531
18,455
Erasmus+ SOY P
Erasmus+ Together In Europe
FLWProject
Creative Rural Vale
Voter Registration Support
Respect
Restricted Property Fund
Postcode Lottery Trust Fund
Blaenau Gwent Youth Support Fund
MSCT North Wales
NGED • Warm Hubs
NPT Youth Investment Project
RSBC
Summer of Fun North Wales
Taith (CWI/YS)
Taith P1 22/23
WG World Cup Fund
Roots & Borders
SVYWO		 10,012
6,471
438
52,494
250,000		 (13,813)
(4,254)
828
(34)
3,506
(46,656)
(2,778)
397
29,717
7,000
501
74,258
2,840
529
10,137
95,133
(2,609)
(116)
(706)		 3,801
(2,217)
(828)
34
(3,944)
(5,838)
(397)
(501)
(529)
2,609
116
706		 247,222
29,717
7,000
74,258
2,840
10,137
95,133
438,388 50,126 (3,221) 485,293
TOTAL FUNDS 491,060 71,492 562,552

... continued

Page 17

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS· continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS • continued

Comparative net movement in funds, included in the above are as follows:

Comparative net movement in funds, included in the above are as follows:
Incoming
resources		 Resources
expended		 Movement
in funds
£ £
Unrestricted funds
General fund
The Lodge		 26,867
39,502		 (20,486)
(24,517)		 6,381
14,985
Restricted funds
Kickstart
Active Inclusion (ID026874)
Wellbeing Youth Fund
Street Games
N.Wales • New Dragons Clubs		 66,369
8,746
39,091
6,107
5,000		 (45,003)
(9,202)
(29,383)
(102,186)
(5,999)
(11,196)		 21,36
(456)
9,708
(102,186)
108
(6,196)
Erasmus+ OVOE
Erasmus+ SOYP
Erasmus+ Together In Europe		 9,885
14,408		 (4,732)
(23,698)
(18,662)		 (4,732)
(13,813)
(4,254)
FLW Project
Creative Rural Vale
Voter Registration Support
Respect
Restricted Property Fund
Postcode Lottery Trust Fund
Blaenau Gwent Youth Support Fund
MSCT North Wales
NGED •wannHubs
NPT Youth Investment Project		 3,876
(34)
16,000
23,436
30,786
7,000
9,999
**80,00 **		 (3,048)
(12,494)
(46,656)
(2,778)
(23,039)
(1,069)
(9,498)
(5,742)		 828
(34)
3,506
(46,656)
(2,778)
397
29,717
7,000
501
74,258
RSBC
Summer of Fun North Wales
Taith (CWVYS)
Taith P1 22123
WG World Cup Fund
Jubilee Fund
Roots & Borders
SVYWO		 3,021
10,00
24,490
127,019
87,037
132
1,215
82,000		 (181)
(9,471)
(14,353)
(31,886)
(89,646)
(132)
(1,331)
(82,706)		 2,840
529
10,137
95,133
(2,609)
(116)
(706)
589,214 (539,088) 50,126
TOTAL FUNDS 655,583 (584,091) 71,492

continued ..

Page 18

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

A currnt year 12 months and pror year 12 months combined position is as fllos:
Net
movment
At 1.4.22
in fnds
£
£
Unrstrctd funds
General fnd
52,672
(9,053)
The Lodge
14,985
52,672
5,932
Restrctd fnds
Kickstart
38
(456)
Active Incusion (ID026874)
3,124
9,70
Vllbeing Youth Fund
90,551
(102,186)
Stret Games
108
N.Wles - New Dragons Clubs
1,727
(7,176)
Erasmus+ OVOE
23,187
(11,210)
Erasmus+ SOYP
10,012
(5,244)
Erasmus+ Togeher In Eurpe
6,471
(4,254)
FLW Projec
828
Crative Rurl Val
(3)
Voter Reistrtion Support
438
3,50
Respect
52,494
(46,656)
NVYO Welsh Goverment
20,240
Restricd Proper Fund
250,000
(5,556)
Postcode Lotery Trust Fund
397
Blanau Gwent Youth Suppor Fund
31,63
MSCT Nor Wale
433
NGED - War Hubs
501
NPT Youth Investent Project
1,693
RSBC
5,551
Summer of Fun Nor Wales
529
Taith (CWS)
4,961
WG World Cup Fund
(2,609)
Roo & Border
(116)
SVYO
(706)
Gareld Wston
(76)
Hubbub Foundation
1,00
Democatic Engagement Grant
3,69
Dwr Cymru Communit Fund
14
NLCF Awars fr All Wles 2023
4,89
Ofco Projec (Proo Cymru)
2,93
Principalit Futr Generaton Fund
8,047
Taith P2 2324
24,267
Taith P1 23/4
94,933
Coalfild Community Trst Fund
1,172
South Wles Polic Youth Trust (NPT)
3,800
Vlcome Break Charitable Fun
715
VOG Voluntary Suppor
10,000
SWPCC
(53)
438,38
49,238
TOTAL FUNDS
491,060
55,170		 Transfr
bet n
funds
£
46,924
(14,985)
31,939
72
(12,832)
11,635
(108)
5,449
(11,977)
(4,768)
(2,217)
(828)
34
(3,9 )
(5,838)
1,285
(397)
(433)
(51)
(1,693)
(529)
(4,91)
2,609
116
70
76
(14)
(2,934)
53
(31,939)		 At
31.3.24
·£
90,53
90,53
21,525
244.44
31,63
5,551
1,000
3,69
4,89
8,047
24,267
94,933
1,172
3,800
715
**10,0 **
455,687
546,230

continued ...

Page 19

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS· continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS • continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

A current year 12 months and prior year 12 months
as follows:		 combined net movement in funds, included i n the above a
Incoming
resources		 Resources
expended		 Movement
in funds
£ £ £
Unrestricted funds
General fund
The Lodge		 117,148
39,502		 (126,201}
(24,517}		 (9,053}
14,985
Restricted funds
Kickstart		 156,650
8,746		 (150,718}
(9,202)		 5,932
(456}
Active Inclusion (10026874)
Wellbeing Youth Fund
Stre t Games
N.Wales - New Dragons Clubs		 39,091
6,107
**15,00 **		 (29,383)
(102,186)
(5,999}
(22,176)		 9,708
(102,186)
108
(7,176)
Erasmus+ OVOE (11,210) (11,210)
Erasmus+ SOYP
Erasmus+ Together In Europe
FLW Project
Creative Rural Vale
Voter Registration Support
Respect		 18,454
14,408
3,876
(34)
16,000		 (23,698)
(18,662)
(3,048)
(12,494)
(46,656)		 (5,244)
(4,254)
828
(34)
3,506
(46,656)
NVYO Welsh Government
Restricted Property Fund
Postcode Lottery Trust Fund
Blaenau Gwent Youth Support Fund
MSCT North Wales		 107,625
23,436
63,243
7,000		 (87,365)
(5,556}
(23,039}
(31,600}
(6,567)		 20,240
(5,556)
397
31,643
433
NGED - Warm Hubs
NPT Youth Investment Project		 9,999
**80,00 **		 (9,498)
(78,307)		 501
1,693
RSBC
Summer of Fun North Wales
Taith (CVWYS)
Taith P1 22/23
WG World Cup Fund
Jubilee Fund
Roots & Borders
SVYWO
Garfield Weston		 6,020
10,000
24,489
189,963
87,037
132
1,215
82,00
**30,00 **		 (469)
(9,471)
(19,528)
(189,963)
(89,646)
(132)
(1,331)
(82,706)
(30,076}		 5,551
529
4,961
(2,609)
(116)
(706)
(76)
Tesco Community Fund
Hubbub Foundation
Democratic Engagement Grant
D.vr Cymru Community Fund
NLCF Awards for All Wates 2023
Ofcom Project (Promo Cymru)
Ogi Broadband Fund (Girls Football)		 1,000
6,000
50,939
500
10,00
3,009		 (1,00 )
(5,00 )
(47,245)
(486)
(5,104)
(75)		 1,000
3,694
14
4,896
2,934
250 (250)
Ogi Broadband Fund (Girls Rugby)
Principality Future Generation Fund
Taith P2 23124
Tailh P1 23/24
Coalfield Community Trust Fund
South Wales Police Youth Trust (NPT)
Welcome Break Charitable Fund
VOG Voluntary Support		 250
10,000
61,816
203,138
6,830
3,800
715
10,000		 (250)
(1,953)
(37,549)
(108,205)
(5,658)		 8,047
24,267
94,933
1,172
3,800
715
10,000
SWPCC 83,850 (83,903) (53)
1,295,904 **(1,246,66 ) ** 49,238
TOTAL FUNDS 1,452,554 (1,397,384) 55,170

continued ...

Page20

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS - continued

Descri[p] tion of Funds: Active Inclusion European em[pl] oyability programme for young people aged 16-24. Creative Rural Vale A pro[j] ect to assist new/existing youth clubs in rural areas of Vale of Glamorgan. Erasmus+ OVOE Environmental pro[j] ect engaging[y] oung people with decision makers. Erasmus+ SOYP A project betwe n four European organisations exchanging best practice in safeguarding our young[pe] ople. Erasmus+ Together In Europe . International youth exchange pro[j] ect collaborate with German partner FLWProjact Project using informal dance to assist the development of[y] oung females. KickStart UK Government employabili[ty ] programme for young people.

Respect An alternative education programme for Year 9 students to re-engage them with their own education through outdoor activities.

Roots and Borders A training course for educators and facilitators led by Kreisau-lnitiative with topic of migration and borders. ames Streat[g] P[roj] ects working partnership with Streetgames to support young[pe] ople with sports. Summer of Fun - North Wales A digital pro[j] ect involving young[pe] ople and staff from STAND NWYouth Zone in North Wales. Volunte ring Wales A pro[j] ect to enoourage[y] oung people to volunteer in their local community across waIes. Voter Registration A project to engage young[pe] ople in local elections funded by Welsh Government.

Wellbein[g ] Youth Fund Pr[oj] ects funded by various local authorities for their young people to improve their wellbeing through activities at The Lodge and delivering wellbeing programmes in Neath Port Talbot and Blaenau Gwent areas

NVYO Welsh Government Fund

A Welsh Government fund for National Voluntary Youth Organisations to contribute towards organisational costs.

Blaenau Gwent Youth Sup[p] ort Fund

Partnershi[p ] with Blaenau Gwent Youth Service to deliver BGC wa1es wellbein[g ] pro[j] ects and to offer youth programmes in youth clubs within Blaenau Gwent and the wider BGC Wales network.

Jubilee Fund

A funding for hosting a Queen's Platinum Jubilee party in June 2022.

MSCT[(] MIiiennium Stadium Charitable Trust Fund[) ] North Wales

To offer young people in Anglesey, Denbighshire, Flintshire, Conwy and Gwynedd a comprehensive programme of sporting and youth activities.

N.waIes -New Dragons Clubs

continued ...

Page 21

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS· continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS • continued

A Youth Support Fund received from Flintshire County Council in support the running of New Dragons Youth Club in Mold, North Wales

NGED • Warm Hubs

Support for 7 clubs in South Wales area with fuel payments including accessing winter fuel discounts and Social Fund schemes and providing energy tariff advice.

NPT Youth Investment Project

Partnership with Neath Port Talbot Youth Service. The funding includes to employ two full time staff to work among with staff at the Youth Service.

Partnership with Vale of Glamorgan Youth Service

£10k received from VOG YS as their mission to support the needs of voluntary youth organisations in the Vale of Glamorgan area. This fund will support a mapping exercise of youth provisions in the Vale of Glamorgan; to facilitate two events including fundraising support and ensuring greater equality and diversity of opportunity within current practice; to develop two initial e-leaming modules to support young people in a youth club and matter of safeguarding; to produce a report with the findings of the mapping exercise and evidence of the promo events and e-leaming modules.

Principality Future Generations Fund

This 12-month project aims to involve young people from our member clubs across Wales in the BGC Wales network and to have the voice of the young people and their clubs represented, by recruiting forum members to develop projects relating to their and their clubs needs. Alongside this, we want to upskill the young people in money management, filling in applications and more young people preparing for the future and wo!ld of work including building skills.

Promo Cymru (OfCom Media Literacy Project)

. to A 12-month project to be delivered in the Blaenau Gwent area It aimed to deliver a Media Literacy project 100+ young people aged 11-14.

RSBC (The Royal Society for Blind Children)

To assist member clubs in empowering families with skills, knowledge and support mechanisms to fully support their child's development.

South Wales Police Trust Fund

£3, 800 was awarded for organising DJ workshops involving an established Hip Hop crew who work to address gang culture through reflection and non-aggressive engagement and dance in NPT area

Stre t Garnes World Cup

To support Ystrad Mynach BGC to deliver sport sessions in their area.

SWPCC Police Youth Volunte rs Scheme

The Police Youth Volunteering (PYV) Scheme is a programme in which young people aged 14-18 can get . involved and build on a variety of skills The scheme has five main objectives which are as follows:

Taith(CWYVS)

BGC Wales was appointed as a member of the Sector Organising Bodies (SOB) to promote the Taith . programme across the Youth Sector

Taith P1 22123

Providing opportunities for young people, staff and volunteers at Welsh youth organisations.

Welcome Break Charitable Fund

This is a small fund of £714.83 has been allocated for working with young people in the NPT area to ke p them safe and more involved in the community, by keeping their bikes in working order allowing them to be visible to other road users and pedestrians in their community.

WG Democratic Engagement Grant

.. continued

Page 22

BOYS AND GIRLS CLUBS OF WALES

NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2024

14. MOVEMENT IN FUNDS • continued

This project is a continuing development of our politics project, focusing on the development of Pizza & Politics workshops and Raise Your Voice Project. VVe continue our partnership working with SWansea MAD and Deryn Consultancy.

WG World Cup Fund

\M3's World Cup Partner Support fund to celebrate.

Hubbub Foundation

This funding complements other grants to enhance the exterior of The Lodge by creating community garden space. Through this initiative, young people have gained valuable new skills and improved their social and communication skills.

Dwr Cymru Community Fund

The application submitted on behalf of Hopkinstown BGC during a challenging period for the club. As a result, £500 was secured to purchase a pool table and essential resources for activities. The funding aimed to sustain the interest of young people and keep them away from the streets.

NLCF Awards for All Wales 2023 - This funding was awarded to facilitate workshops and organise additional national events and activities within our member clubs. This aligns with our strategy to develop our Curriculum Work.

Talth P1

This Pathway 1 programme supports international exchange of learning though Outward (participants going from Wales) and Inward (participants coming to Wales) mobilities.

Talth P2

This Pathway 2 programme supports international collaborative partnerships betwe n 1/Velsh and international organisations to develop projects that address issues in Wales.

Coalfield Community Trust Fund

This funding is being used to enhance the outdoor space of The Lodge, ensuring it is safe and suitable for young people. The grant also supports carpentry workshops for local young people and those from our clubs to create a seating area and raised planters.

Welcome break Charitable Fund

this funding works alongside other grants to provide resources for bike maintenance workshops. These workshops are designed to engage some of the most marginalised young people in the community, helping them stay safe and building a stronger sense of community involvement.

VOG Voluntary Support - This funding supports a mapping study and research project of Voluntary Youth Services in the Vale of Glamorgan

Transfers betwe n funds

In the prior year a detailed review of the Unrestricted and Restricted Funds took place. As a result of this review it was identified that several brought forward fund balances were shown incorrectly, as a result of this we have completed an exercise to correct these balances during our year, this has resulted in several transfers between Restricted and Unrestricted Funds as shown on Note 16.

Alt Unrestricted Funds have been consolidated into General Funds.

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 23

BOYS AND GIRLS CLUBS OF WALES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

INCOME AND ENDWMENTS
Dontios and legacies
Donations
Oher trding actiities
Fundraising proc ds
Aliation fes
Registration Fees
Contributions fo the Lodge
Invetent Income
Deposit acunt interest
Charitable activite
Grants
Other income
Debnturs Sold
Totl incoming rsources
EPENDITURE
Charible actvite
Wages
Sal securt
Pensions
Insuranc
Telephone
Advrtising
Cleaning matrals
Fees
DBS - Staf & Volunteers
Employee Cost
Equipment hire
Fundraising Exenses
Ground Maintnance
IT Equipment
Ofc Equipment
Staf Trining
Subscriptions
Travlling
Projec Cost
Rent
Rugby Debnturs
Long leasehold
Fixrs and fittngs
Supor cost
Management
Light and heat
Postage and sttoner
Carie forar		 2024
2023
£
£
23,897
26,779
26
2,340
3,000
31,900
25,024
39,502
59,530
42,502
2,014
443
708,060
58,198
3,470
1,661
79,971
655,583
365,740
25,259
29,377
15,955
7,621
5,597
3,689
4,750
5,252
4,863
4,50
(37)
5,051
45
340
(891)
605
345
1,045
1,243
1,700
587
628
17,266
6,346
4,343
275
4,049
9
2,155
1,191
5,857
1,293
308,221
247,242
15,617
11,956
3,470
2,19
2,778
2,778
28
28
789,58
562,917
11,974
8,909
5,185
1,076
17,159
9,965

This page does not form part of the statutory financial statements

Page 24

BOYS AND GIRLS CLUBS OF WALES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 202A

DETAILED STATEMENT OF FINANCIAL ACTIV
ITIES
FOR THE YEAR ENDED 31 MARCH 202A
2024 2023
£ £
Management
Brought forward
Sundries		 17,159
1,764		 9,985
1,617
18,923 11,602
Finance
Bank charges 154 167
Govemance costs
Accountancy Fees		 4,628 9,405
Total resources expended 813,293 584,091
Net (expendlture)/income (16,322) 71,492

This page does not form part of the statutory financial statements

Page25