CHARITY REGISTIL4TION NUMBER: 517373
Torf#en Community F.nterprige$
Associ*tion
Actounts for the
year Ended JI ￿{￿reh 2024
O'Brien & Partners
Aceouniants & Business Advisors
I l Nclv S¢reei
PUnthe￿'dd
LwThbTan
NP44 IEr

Torfaen Community Enterprises Assoeiation
Contents of the FinanelAI Statements
for the Year Ended 31 March 2024
P8ge
St8tement uf Trustet5' Responsibililies
Independent Examiner's Report
Receipts and Paymertts Aecount
S¢*lement of A￿ets and LiAbilitie$
ote8 to the Trinon£iAI.SIMi¢ment5

TorfAen Community Enterprises Assoei#tion
Trustees, Responsibilities Statement
for the Year Ended 31 M¥rch 2024
Charity law requires the trustees to prepar¢ r¢¢¢ipts and paym¢nts accuuni and a statement of assets and liabilitics for each financial
year which give a trne and fair view of (he state olaffairs of th¢ charity and of the receipts and paymertls of the ehari(y for that period.
In prcpwing these financial statemcnts, the trustees r¢quired to..
5el¢ct Suitable accounting policics and then apply thern consistently;
mak¢ judgcments and accounting estimates thai are reasonable and prudent,. and
sthte wh¢ther the policies adopted in aecordance with the appropriate SORP on A¢¢ounting by Charities and the
Accountin8 Regulations and with applicable aecounting standards. subjeLI Lo any inaterial departure and explained in th¥
rinanciyl statements.
The trustees are responsible for keeping adequate accounting records thai are sufficieni io show and explain the charity's Iransaction5
and di8close with reasonable accuracj. at any lime the financial position ofthc compan). and enabl¢ th¢m u) ensurc thui ihe financial
siaiemenLs c()mply w'ith applicable Accounting Svdndards and Siatements of Recommended Praciice and the regulation5 rnade undcr
544 of the Charities Act 1993. They arc also rcspunsible for sufe&udrding the asseLS of the charity ond henc¢ fur iuking reasonable steps
for the prevention and dete¢iion of fraud and other l￿egUlarLtIcs.
TRIIS-I'b.F.S
The (rus￿e8 sho%%n below have hcld office during the whole of the period from l April 2023 10 the date of ihis report.
B J Cunningham MBF. K8C,
S J Br(xik5 KSS JP lappoinled 7 November 20231
Other ¢hang¢s in direL(ors holding uffi¥¢ are as follows..
T A Matthews MBE- resign¢d Octob¢r 2023
ON B Tr:IIALF ()Tr -I'IIL BOARI):
BJCU
ninghwn MBE KSG. TnLsIcc
Datc..
30 10.34
Page

Torf*¢n Community Enterprlses Association
Independent Examlner'5 R¢port
To The Trustees of Torfaen Communlty Enterprlses Assoclatlon
I report on the accounts of thc charity for the year end&J 31 March 2024. which are set out on pages 3 to 5.
Re5peetive responsibilities of the lrnsl¢e5 exAmin¢r
As des¢ribed in the trustecs. respansibiliiies not¢ on pag¢ 2. the trustccs are responsible forth¢ pr¢paration ofthe accounts ift accordance
with applicable law and United Kingdom A¢¢ounting Standards. The trnstC¢5 consider that the company is exempt from audit under
s43121 of the Charities Act 1993 and thai an independent cxaminjtion is needed.
It is my resrMTrnsibility to..
cxamin¢ th¢ accounts und¢r $43 of the Charities Acl 1993.
follow the procedure5 laid in the General Direetions given by th¢ Chority Commi%sion under s43{7)(b) of the Charities Act
1993,. and
state whether particular matteTS hav¢ come to my atterttion.
BASIS of independent ex*min¢r'$ report
My examination was carri¢d out in accordance ￿1th the General Direcrions given by the Charity Commission. An examination includ¢5
review of the a¢couniing record5 kept by the chariiy and a comparison orth¢ accounts prescnted with thos¢ r¢¢ords. li also includ¢s
consideration of any unusual items or disclosurcs in th¢ a¢¢ounts and seekin8 explanations from you trustees conc¢ming sueh
matt¢rs. The procedures undertaken do noi provide all ¢vidence that would bc r¢quired in an audit and ¢fjns¢quently no opinion is given
as to whether the accounts presen¢ a 'true and fair view. and th¢ report is limited lo Ihose matlers 5¢1 ()ul in the next stal¢mcnt.
Independent examiner's siAtement
In connection with my examinalion. no matter has come ¢0 my ottention..
which 8ives me reasonablc cause (o believe that in any material respect the requir¢ments'.
to keep accounting records in accordance with s41 of th¢ Charities Act 1993., and
to preparc a¢wunts ¥thich accord with the accountin8 records, comply with the aeeounlin8 requirements of the
CharitlLS Act 1993.
hav¢ not been mel or
to wthich, in my opinion, attention should be drawn in order lo el￿ble a proper understanding of the accounts lo be reached.
D JoThe$ FCA
Independent Examiner
O'Brien & P*rtnerJ
I l New Street
Pontnewydd
Cwmbran
NP44 IEE
Date..
Page 2

Torfxen Community Enterprises Assoclation
St*tement of Receipts and Payments
ror the Year Ended 31 March 2024
2024
202
Recelpts
Sales and similar income
36,260
25,907
Payments
Purchases for re5al¢
Water rates
Insuran¢¢
Li8hi and heal
Mana8Lment charge
Subscription
Accountancy
Rcpairs
SundriLs
ilank charges
22,137
364
681
2,430
4,OOU
50
396
1,972
16,297
344
969
776
50
360
1,800
101
316
337
Excess of income over expendityre
3.893
4.893
Bank and cash at l Aprll
Surplus for the year
Change In stock
Change In debtors
Change in tredltors
4.452
3,1193
{960)
(1,8431
500
1,930
4,893
(2,589)
2111
BAnk and ¢ash at 31 Mg4rch
6.042
4.452
Page 3

Torfxen Community Enterprises A55OClation
Statement of A55ets and Liabilities
As 8t 31 M*rch 2024
2024
2023
Assets
StoLk of goods for resale
Prepayments
Cash at bank &rtd in hand
5,932
4,972
6,042
13,817
9.424
LiRbilities
Accruals & other
creditors
651
651
Net Assets
8.773
The company is cntitl¢d to excmpiion from for the year ended 31 March 2024.
Thc financial .%14ltemenis werc Hpproved by the Board of Direciors and authorised for issue on
Signed on its behalf by..
30 1 O:.¢2.4........ and were
BJC
ningham MBE KSG- Trusi¢¢
S J Elruo
P - TNstee
The notes forni part of these financial statements
Page 4

Torfaen Community Enterprises As50Ciation
Notes to the Financial Statements
for the Year Ended 31 March 2024
STA TIITORY INFORMATIOIN
Torfaen Community F,nterprises Associaiion is ￿gistered with thc Charily Commission. The r¢gistered O￿l¢e is 32 Gw¢nt
Square, Cwmbran, Torfaen. NP44 IPL.
ACCOIINTING POLICIES
Basis of Preparing the finaneial stllements
I'hese financial stat¥m¢nLs. have been prcpar¢d in accordance with FRS 102 "Thc Finan¢itLI Reporting Standard applicable in
th¢ UK and Republic of Ireldnd" I'FRS 102,1. The disclosure rcquirements of section IA of FRS 102 have been applied other
than wh¢r¢ additional disclosur¢ is r¢qu2red to sho￿. a tn]c and fair view.
Receipts
Revenue for the provisiort of services is recognised when the comp41ny is legally entiiled to it after any perforniance condition5
hjve been meu the amounts can be me&sured reliably. and the money has been received.
Work in progr¢ss is valued al the low¢r of c05t and nei realisable value.
Pa8c 5