**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**|
|**Sttment**o**Financial Aclvlte•**|**6**|
|**Blance Shet**|**7**|
|**Cash Flow Stment**|**8**|
|**Nots t te Ca•h Flow Statment**|**9**|
|**Not to te Rnnclal Sttement**|**10to23**|
|**Dtlld Sttement**o**Financial 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 provide opportunities for co peration and interaction betwe n BGCs.**
- **To advise Clubs and Groups on problems relating to management and provide assistance.**
- **To organise training courses, events, competitions, exhibitions and festivals as required by Clubs and Groups.**
- **To act as a conduit between Clubs and Groups and offer support where required.**
- **To co rdinate with statutory authorities and voluntary bodies interested in young people's work**
- **To generate public interest in the work of the BGCs, to recruit and train new helpers and leaders.**
**- 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 take any action which may be deemed necessary or desirable in the interest of the organisation.**
**- To generate affiliation from other youth groups who wish to take advantage of the opportunities that BGC Wales offer.**
- **To maintain a register of affiliated BGCs:**
**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.**
- **Make judgements and estimates that are reasonable and prudent.**
**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:**
- **-Pathway 1 (September 2022 - August 2023)**
- **Pathway** _**2**_ **(May 2023 -April 2024)**
- **Pathway 1 (September 2023 -August 2024)**
**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.**
- **German/Welsh Exchange -4 leaders and 20 young people**
- **-Boys fo tball team to Germany -4 leaders and 20 young people**
- **Girls football team to Spain - 6 leaders and 33 young people**
- **Youth Forum to France - 2 leaders and 16 young people**
- **Boys rugby teams to the Netherlands - 6 leaders and 52 young people**
- **Adventure Weekend - 5 leaders and 36 young people**
- **-100 miles Canoe Test- 5 leaders and 15 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.**
- **Girls' Football Trials: 78 U15s and 100 U17s attended for their trials. Both squads played a match against** _**Boys**_ **and**
- **Girls Clubs of Scotland in Wales in August 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.**
- **Girls' Rugby: Over 400 entered the trials conducted in Abergele, Newcastle Emlyn, and Porthcawl. The organisation's first Girls' Rugby team**
- **Boxing Championships: A total of 101 entries from across Wsles.** _7_ **participants reached the British finals.**
**- 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.**
- **Throughout the** _**year,**_ **the organisation also prioritised enhancing its infrastructure, including the development of policies & procedures, accounting systems and a monitoring engagement system.**
**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**
- **Strengthening the Clubs**
**- Vibrant Sporting Offer**
**- Sector Leading Organisation**
- **A first-class residential centre for young people**
**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**
- **BAD Bikes**
## **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 ...**
**Page 11**
## **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 ...**
**Page 13**
## **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 •**wann**Hubs**
**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:**
- **To encourage the spirit of adventure and good citizenship.**
- **To support local policing priorities through volunteering.**
- **To give young people a chance to be heard.**
- **To inspire young people to participate positively in their communities.**
- **To promote a practical understanding of policing amongst all young people**
## **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**