Charity Registration No. 518918
CARMARTHEN BREAKTHRO'
Annual report and financial statements
For the year ended 31 March 2021
CARMARTHEN BREAKTHRO'
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr Stephen Bagshaw Mrs H Lewis Mrs S Jones Mrs S Isherwood
Charity number
518918
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CARMARTHEN BREAKTHRO'
CONTENTS
| Page | |
|---|---|
| Trustees’ report | 1-3 |
| Statement oftrustees' responsibilities | 4 |
| Independent examiner's report | 5 |
| Statement offinancial activities | 6 |
| Balance sheet | 7 |
| Notestothefinancialstatements | 8-1] |
CARMARTHEN BREAKTHRO'
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2021
The trustees present their report and financial statements for the year ended 31 March 2021.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's objects, the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.
Objectives and activities
The charity’s objectives are to provide social, leisure and fun activities for children and young adults with additional needs. The children and young adults that attend Carmarthen Breakthro’ are aged between 5 and 19 years and have additional needs such as autism, downs syndrome and cerebral palsy, to name a few. Children are referred to the service through the Children’s Disability Team, at Carmarthenshire council.
Carmarthen Breakthro’ provides the children and young adults with a range of fun and exciting activities to help promote and develop their confidence, skills and communication. Activities are based around the individuals likes and are planned to encourage as much interaction as possible. These activities include cooking, arts and crafts, messy and sensory play and outdoor play on our large enclosed yard and field. We are also very fortunate at Carmarthen Breakthro’ to have access to our own minibus, which allows us to enjoy a range of offsite activities such as bowling, visiting parks and beaches and other local attractions that the children and young adults wish to visit.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
It has been another fun packed and busy, yet difficult 12 months, for us at Carmarthen Breakthro’, The Coronavirus pandemic, has brought its own challenges for us to overcome, but the support, guidance and understanding of our committee, staff, children and families has allowed us to carry on and support individuals within our care, offering a much needed and wanted service.
During the last financial year, we secured enough funds to purchase our new minibus, following numerous successful funding events over several years. We were overjoyed to receive our new wheelchair adapted minibus in September 2020, following a short delay due to Covid. The bus has enriched the experiences the children access and allows us to explore the local and wider community, providing a range of new and exciting activities and opportunities for the children.
Unfortunately, due to the Coronavirus pandemic, our fundraising events have been limited. However, we have gained the support of local organisation and individuals that have continued to support us throughout this difficult year. Donations from organisations such as Coda Ni have been very welcome.
Our dedicated team of staff and committee members have worked tirelessly over the past 12 months promoting the work of Breakthro, mainly in the local community and through our social media platforms. Active and regular posts on social media, has enabled us to showcase our work, reach a new audience and keep in touch with friends and supporters.
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CARMARTHEN BREAKTHRO'
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
Achievements and performance
We have been very fortunate to have secured grants from larger organisations. A grant we were fortunate to receive was from Children in Need, which funded our staffing costs and staff training, and ensured we have high quality and trained staff going forward. All our staff have attended child protection, food hygiene and first aid courses as well as other specialised courses in the special needs field.
Smaller grants received from Children in Need and the Local Authority ensured we had the correct PPE and maintained a good level of staffing throughout the pandemic.
We were fortunate enough to be awarded funding form the Wooden Spoon Charitable Trust and the Big Lottery to update and create a more inclusive play area. The play area, which was completed in December 2020, has a range of equipment suitable for each individual that attends Breakthro, including a wheelchair swing, ground level trampoline and roundabout. The play area has been a great investment that has brought hours of fun and laughter to the children.
It certainly has been a busy and challenging but fun year for all involved with Carmarthen Breakthro’, and we’d like to thank everyone who has donated and supported us throughout the year.
Financial review
The Charity had a surplus of circa £43,500 for the year ended 31st March 2021. The charity invested significantly in a new play area and minibus in the year. After accounting for this expenditure the closing cash balance of circa £75,000 still gives the Charity a strong base from which to carry out its charitable purposes. The Trustees are aware how sensitive the charity is to a drop in income from grant funding and how this may affect the charitable work which the charity carries out.
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The charity was established by a charitable trust deed on 4th August 1987.
The trustees who served during the year were:
Mr Stephen Bagshaw Mrs H Lewis Mrs S Jones
Mrs S Isherwood
Trustees are appointed with reference to their experience, qualifications and skills. Should the board of trustees see a deficiency in a certain skill area then they will actively seek an individual with the required competencies.
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CARMARTHEN BREAKTHRO'
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
The Charity is governed by its executive committee, which meets on a monthly basis to discuss and prioritise any issues raised in the day to day running of Carmarthen Breakthro’.
The Charity has no known related parties.
Trustee DSO secsaceseresssemeneawie
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CARMARTHEN BREAKTHRO'
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2021
ee
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
~ observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent:
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State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ee
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CARMARTHEN BREAKTHRO'
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CARMARTHEN BREAKTHRO'
I report on my examination of the financial statements of Carmarthen Breakthro' (the charity) for the year ended 31 March 2021.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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I have completed my examination. I confirm that no matters have come to my attention in
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connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts 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 financial statements to be reached.
Dated: oo... ee eeeeeneeeeeees
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CARMARTHEN BREAKTHRO'
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
| Unrestricte | Unrestricted | ||
|---|---|---|---|
| d | |||
| funds | funds | ||
| 2021 | 2020 | ||
| Notes | £ | £ | |
| Income from: | |||
| Donations and legacies | 2 | 2,049 | 7,798 |
| Charitable activities | 3 | 98,064 | 57,602 |
| Othertrading activities | 4 | 4,204 | 16,101 |
| Investments | 5 | 7 | 28 |
| Totalincome | 104,324 | 81,529 | |
| Expenditure on: | |||
| Charitable activities | 60,634 | 61,621 | |
| Netincome fortheyear/ | |||
| Netmovement in funds | 43,690 | 19,908 | |
| Fund balances at 1 April 2020 | 104,584 | 84,728 | |
| Fundbalancesat31March2021 | 148,274 | 104,636 |
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CARMARTHEN BREAKTHRO'
BALANCE SHEET
AS AT 31 MARCH 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets | 9 | 75,636 | 14,833 | ||
| Current assets | |||||
| Cash atbank and inhand | 75,201 | 91,161 | |||
| Creditors: amounts falling due | |||||
| within oneyear | 10 | (2,563) | (1,358) | ||
| Net current assets | 72,638 | 89,803 | |||
| Total assets less current liabilities | 148,274 | 104,636 | |||
| Income funds | |||||
| Unrestricted funds | 148,274 | 104,636 | |||
| 148,274 | 104,636 |
The financial statements were approved by the Trustees ON .........:essseceseees
Mr Stephen Bagshaw Trustee
27s
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CARMARTHEN BREAKTHRO'
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
1 Accounting policies
1.1 Accounting convention
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, 'Accounting and Reporting by Charities' issued in March 2005 and the Charities Act 2011.
1.2 Incoming resources
Donations and gifts - £2,049
Grants were received from the following sources:
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Children in Need - £34,250
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Carmarthenshire County Council - £26,347
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Wooden Spoon Society - £20,000
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National Lottery, Community Fund- £10,000
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CARMARTHEN BREAKTHRO'
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|2|Donations|and|legacies|
|Unrestricte|Unrestricted|
|d|
|funds|funds|
|2021|2020|
|£|£|
|Donations|and|gifts|2,049|7,798|
|3|Charitable|activities|
|Grants|Grants|
|Received|Received|
|2021|2020|
|£|£|
|Performance|related|grants|90,597|57,602|
|Job|Retention|Scheme|7,467|-|
|98,064|57,602|
|4|Other trading trading|activities|
|Unrestricte|Unrestricted|
|d|
|funds|funds|
|2021|2020|
|£,|id|
|Donations,|100|Club|and|Raffle|4,204|16,101|
----- End of picture text -----
4 Other trading trading activities
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| CARMARTHEN BREAKTHRO'
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
5 _— Investments
| Unrestricte | Unrestricted | ||
|---|---|---|---|
| d | |||
| funds | funds | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Interest | receivable | 7 | 28 |
6 Employees
Number of employees There were 17 employees during the year.
| 2021 | 2020 |
|---|---|
| Number | Number |
| iF | 20 |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year.
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CARMARTHEN BREAKTHRO'
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
9 ‘Tangible fixed assets
| 9 | ‘Tangible fixed assets | |||
|---|---|---|---|---|
| Total | ||||
| £ | £ | a | ||
| Cost | ||||
| At 1 April2020 | 10,257 | 5,084 | 15,341 | |
| Additions | - | 68,124 | 68,124 | |
| At 31 March2021 | 10,257 | 73,208 | 83,465 | |
| Depreciation and impairment | ||||
| At 1 April2020 | - | 508 | 508 | |
| Depreciationcharged inthe year | - | 7,321 | 7,321 | |
| At 31 March2021 | - | 7,829 | 7,829 | |
| Carrying amount | ||||
| At 31 March2021 | 10,257 | 65,379 | 75,636 | |
| At 31 March 2020 | - | - | 14,833 | |
| 10 | Creditors: amounts falling duewithin oneyear | |||
| 2021 | 2020 | |||
| £ | z | |||
| Tradecreditors | 2,563 | 1,358 |
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