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REGISTERED COMPANY NUMBER: 03280924 (England and Wales)
REGISTERED CHARITY NUMBER: 1060770














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Canolfan Felin Fach Centre Limited

Canolfan Felin Fach Centre Limited






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Report of the Trustees 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Balance Sheet 7 to 8

Notes to the Financial Statements 9 to 14

Canolfan Felin Fach Centre Limited (Registered number: 03280924)

Report of the Trustees
for the Year Ended 31 March 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. 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).

OBJECTIVES AND ACTIVITIES
Principal Activities and Objectives
The centre provides resources for a wide range of groups and agencies (meeting rooms , counselling rooms , office space and equipment , information base etc.) . These are involved with mental health , substance abuse , homelessness , domestic abuse , relationship problems , bereavement counselling , probation service and so on . We are a well-established and key resource for these groups and agencies that enables them to provide their services on a local level . These groups are a mix of statutory agencies , third sector organisations , mutual support groups , housing agencies , counselling services etc.
We continue to offer direct support for individuals who present at the Centre in crisis and/or requiring further information and immediate support. Lunch is provided on 3 days per week and the drop-in continues to be open for 4 out of 5 days , although we have seen a significant drop in individuals attending the Centre via this service . The service has developed and we have targeted interventions and activities available to individuals every day of the week . We encourage attendees to engage in a specific activity and the numbers to these targeted activities have been high .
We have an ICAN Mental Health Occupational Therapist working at the Centre as part of a pilot scheme in partnership with BCUHB, who sees patients on an appointment basis booked by Canolfan Felin Fach staff. To date(October 2023) over 50 patients have been seen by the occupational therapist at the centre and all appointments are fully booked .

Support from the local community :

We receive a food donation from ALDI on a weekly basis, food received supports the luncheon provided on 3 days per week .

Public benefit
Having considered the Charity Commission guidance regarding public benefit we are satisfied that the charity's activities during the year , as described , satisfy the test .

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Centre continues to receive a high volume of attendees and continues to support our community to the tune of 500 interventions per month. The Centre is developing a range of activities and is working with established and new partners such as McMillan, Coleg Meirion Dwyfor and BCUHB's Integrated Autism Service to name a few . The kitchen has been awarded a 5 star food hygiene rating by Cyngor Gwynedd and is a resource available for hire to the wider community .
The Centre continues to deliver ICAN services , receiving referrals from a host of stakeholders which include GPs , the Community Mental Health Team, Housing Associations, the food bank and DWP. Interventions include one to one support either face to face or over the telephone or structured groups such as the quilting group and support groups such as AA and emotional support groups .
Cyngor Gwynedd contribute as core funders but also through two grants - the Community Hub fund (£27,000) to support individuals who are struggling due to cost of living pressures resulting from the recent pandemic and food/fuel poverty .Additional funding of £8,333 was received from Cyngor Gwynedd targeted specifically to support the purchase of sanitary products, to target issues surrounding homelessness and to purchase food via vouchers and meals.
The Centre continues to provide a holistic person centred approach to improve mental and physical health and wellbeing.

FINANCIAL REVIEW
Financial position
The centre manager will continue to identify efficiency savings within the budget and seek funding from other sources .
The excess income over expenditure this year amounted to £66,277 . There are unrestricted reserves of £572,755 and restricted reserves of £39,287 at the year end .


Canolfan Felin Fach Centre Limited (Registered number: 03280924)

Report of the Trustees
for the Year Ended 31 March 2023


FINANCIAL REVIEW
Reserves policy
The Charity has adopted a reserves policy . The company will endeavour to achieve a minimum reserve equivalent to three months running costs .

Risk Management
The trustees have a risk management strategy , which comprises :

- Annual review of the risks the company may face
- Systems and procedures to mitigate any risks that are identified , and
- Implementation of procedures designed to minimize any potential impact on the company should those risks materialise .

A key element of financial risk is the setting of a reserves policy and it's regular review by the trustees .

The main perceived financial risk to the company would be the withdrawal of the revenue funding for carrying out and developing the centre's work effectively . The risk is minimised by ensuring that the company's activities continue to comply with the funder's criteria for funding received , this is done by maintaining links with funders and providing relevant reports as required .

FUTURE PLANS
Canolfan Felin Fach will continue to deliver existing support but will include the additional resources in 2023/24 :

Develop Y Pantri - source and prepare food parcels which will include 10 basic items for a cost of £3.50 to aid food poverty and additional vouchers redeemable at high street stores and supermarkets.
One member of staff is currently attending a nutrition course delivered by BCUHB dieticians and nutritionists to aid the production of healthy and nutritious meals available on three days a week at the centre,
Develop a health and wellbeing Thursday service - staff will soon be accessing BCUHB delivered training in taking blood pressure , checking oxygen levels, weight and heart rates and supporting individuals who need a regular health check referred to the centre by local GPs.
The Centre will offer a clinical space (with laminate flooring and sink)to enable clinicians to hire the centre and to see patients in the community.
Develop a postvention service (support after suicide) in partnership with the CPJ Foundation. Staff will be trained to support individuals at risk of suicide and to support families and friends of individuals who have taken their own lives.
One member of staff is planning to offer an anxiety support group.
Plans are also underway to prepare a joint bid to CFP and the National Lottery for a grant to carry out essential structural exterior work on the building. Wakemans are preparing a cost analysis and brief to support the grant applications. In addition to the structural and exterior work the grant will cover developing waste land at the back of the building to house an additional building which may offer a mending and recycling service (for tools and other appliances) to encourage individuals to engage whilst offering a valid service to the community.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Canolfan Felin Fach Centre Limited is a company limited by guarantee , governed by it's Memorandum and Articles of Association dated 20 November 1996 . It is registered as a charity with the Charity Commission . Membership of the company is open to all interested parties over the age of 18 , in particular service users , participating groups and agencies .
Canolfan Felin Fach has a board of directors who meet on a bi-monthly basis and an AGM will be held in November each year.


Canolfan Felin Fach Centre Limited (Registered number: 03280924)

Report of the Trustees
for the Year Ended 31 March 2023


STRUCTURE, GOVERNANCE AND MANAGEMENT
Charity constitution
The Board of Trustees is made up of seven local individuals , whom have either a business background or are ex service users .
The Centre manager is directly accountable to the Board and acts as Company Secretary on its behalf . The manager has responsibility for direct line management of staff and volunteers , budget management , strategic development plans , securing and maintaining funding and contracts , overseeing health and safety requirements and operational policies as well as any other tasks and duties relating to the smooth day to day running of the centre , including plans for the future .
We have a small team of appropriately qualified and trained workers who have been carefully selected to ensure the best quality of service is offered . All paid staff are fluent in Welsh and English and are able to fully engage with the service users . The qualified staff look after the needs of the service users .

Staff
Chief Executive Officer - 5 days core staff
Centre Manager - 5 days - ICAN core plus additional funds via BCUHB ICAN connector pot
2 Support Staff - 5 days, 1 x core & 1 x The Steve Morgan Foundation 3 years' funding ending December 2024
1 Support Staff - 4 days core
Centre receptionist - 5days core
Handyman - 5 days core
Finance officer - freelance

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03280924 (England and Wales)

Registered Charity number
1060770

Registered office
Mount Pleasant
Stryd Penlan
Pwllheli
Gwynedd
LL53 5DE

Trustees
J H R Fawcett
P D Hearth (resigned 16.2.23)
Mrs T A E Roberts
G Roberts
Ms S A Summers (resigned 16.2.23)
S A M Taylor (resigned 16.2.23)
M E Trappe (appointed 16.2.23)
D G Morley (appointed 16.2.23)
L M Thomas (appointed 16.2.23)

Company Secretary
M W Evans

Independent Examiner
Gwyn Thomas
Gwyn Thomas and Co Limited
1 Thomas Buildings
New Street
Pwllheli
Gwynedd
LL53 5HH


Canolfan Felin Fach Centre Limited (Registered number: 03280924)

Report of the Trustees
for the Year Ended 31 March 2023

Approved by order of the board of trustees on 2 November 2023 and signed on its behalf by:





J H R Fawcett - Trustee

Independent Examiner's Report to the Trustees of
Canolfan Felin Fach Centre Limited

Independent examiner's report to the trustees of Canolfan Felin Fach Centre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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 Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.








Gwyn Thomas
The Institute of Chartered Accountants in England and Wales

Gwyn Thomas and Co Limited
1 Thomas Buildings
New Street
Pwllheli
Gwynedd
LL53 5HH

6 November 2023

Canolfan Felin Fach Centre Limited

Statement of Financial Activities
for the Year Ended 31 March 2023

31.3.23 31.3.22
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 211,825 93,000 304,825 282,105

Charitable activities
Supporting the Community 25,565 - 25,565 9,445

Investment income 2 776 - 776 7
Total 238,166 93,000 331,166 291,557

EXPENDITURE ON
Charitable activities
Supporting the Community 138,509 67,437 205,946 161,734
Cost of Generating Voluntary Income 46,667 12,275 58,942 54,670
Total 185,176 79,712 264,888 216,404

NET INCOME 52,990 13,288 66,278 75,153
Transfers between funds 11 39,287 (39,287 ) - -
Net movement in funds 92,277 (25,999 ) 66,278 75,153

RECONCILIATION OF FUNDS
Total funds brought forward 519,766 25,999 545,765 470,612

TOTAL FUNDS CARRIED FORWARD 612,043 - 612,043 545,765

Canolfan Felin Fach Centre Limited (Registered number: 03280924)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 382,045 - 382,045 391,781

CURRENT ASSETS
Debtors 8 58,363 - 58,363 28,707
Cash at bank and in hand 180,888 - 180,888 142,866
239,251 - 239,251 171,573

CREDITORS
Amounts falling due within one year 9 (9,253 ) - (9,253 ) (17,589 )

NET CURRENT ASSETS 229,998 - 229,998 153,984

TOTAL ASSETS LESS CURRENT
LIABILITIES

612,043

-

612,043

545,765

NET ASSETS 612,043 - 612,043 545,765
FUNDS 11
Unrestricted funds 612,043 519,766
Restricted funds - 25,999
TOTAL FUNDS 612,043 545,765

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


Canolfan Felin Fach Centre Limited (Registered number: 03280924)

Balance Sheet - continued
31 March 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 2 November 2023 and were signed on its behalf by:





J H R Fawcett - Trustee

Canolfan Felin Fach Centre Limited

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

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.


Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance

Taxation
The charity is exempt from corporation 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.


Canolfan Felin Fach Centre Limited

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. INVESTMENT INCOME
31.3.23 31.3.22
£    £   
Bank interest 776 7

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.23 31.3.22
£    £   
Depreciation - owned assets 12,760 12,299
Hire of plant and machinery 9,380 8,724

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.


5. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.23 31.3.22
Employees 6 5

No employees received emoluments in excess of £60,000.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 176,048 106,057 282,105

Charitable activities
Supporting the Community 9,445 - 9,445

Investment income 7 - 7
Total 185,500 106,057 291,557

EXPENDITURE ON
Charitable activities
Supporting the Community 83,941 77,793 161,734
Cost of Generating Voluntary Income 42,340 12,330 54,670
Total 126,281 90,123 216,404

Canolfan Felin Fach Centre Limited

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£    £    £   

NET INCOME 59,219 15,934 75,153
Transfers between funds 204 (204 ) -
Net movement in funds 59,423 15,730 75,153

RECONCILIATION OF FUNDS
Total funds brought forward 460,343 10,269 470,612

TOTAL FUNDS CARRIED FORWARD 519,766 25,999 545,765

7. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2022 579,029 53,908 632,937
Additions - 3,024 3,024
At 31 March 2023 579,029 56,932 635,961
DEPRECIATION
At 1 April 2022 190,120 51,036 241,156
Charge for year 11,581 1,179 12,760
At 31 March 2023 201,701 52,215 253,916
NET BOOK VALUE
At 31 March 2023 377,328 4,717 382,045
At 31 March 2022 388,909 2,872 391,781

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 58,363 28,707


Canolfan Felin Fach Centre Limited

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts (see note 10) 145 1,615
Trade creditors 5,324 699
Social security and other taxes 1,234 11,456
Other creditors (480 ) 2,019
Accrued expenses 3,030 1,800
9,253 17,589

10. LOANS

An analysis of the maturity of loans is given below:

31.3.23 31.3.22
£    £   
Amounts falling due within one year on demand:
Bank overdrafts 145 1,615

11. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.23
£    £    £    £   
Unrestricted funds
General fund 128,190 64,571 39,287 232,048
Building 1,755 - - 1,755
Asset fund 389,821 (11,581 ) - 378,240
519,766 52,990 39,287 612,043
Restricted funds
ICAN 8,806 25,563 (34,369 ) -
Cyngor Gwynedd SLA 4,918 - (4,918 ) -
Cyngor Gwynedd Cynllun Gardd 8,842 (8,842 ) - -
Cegin newydd 3,433 (3,433 ) - -
25,999 13,288 (39,287 ) -
TOTAL FUNDS 545,765 66,278 - 612,043

Canolfan Felin Fach Centre Limited

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

11. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 238,166 (173,595 ) 64,571
Asset fund - (11,581 ) (11,581 )
238,166 (185,176 ) 52,990
Restricted funds
ICAN 93,000 (67,437 ) 25,563
Cyngor Gwynedd Cynllun Gardd - (8,842 ) (8,842 )
Cegin newydd - (3,433 ) (3,433 )
93,000 (79,712 ) 13,288
TOTAL FUNDS 331,166 (264,888 ) 66,278


Comparatives for movement in funds

Net Transfers
movement between At
At 1.4.21 in funds funds 31.3.22
£    £    £    £   
Unrestricted funds
General fund 56,468 71,518 204 128,190
Building 1,755 - - 1,755
Asset fund 402,120 (12,299 ) - 389,821
460,343 59,219 204 519,766
Restricted funds
SMAF 10 - (10 ) -
ICAN 10,065 (1,259 ) - 8,806
ASDA 194 - (194 ) -
Cyngor Gwynedd SLA - 4,918 - 4,918
Cyngor Gwynedd Cynllun Gardd - 8,842 - 8,842
Cegin newydd - 3,433 - 3,433
10,269 15,934 (204 ) 25,999
TOTAL FUNDS 470,612 75,153 - 545,765

Canolfan Felin Fach Centre Limited

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

11. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 185,500 (113,982 ) 71,518
Asset fund - (12,299 ) (12,299 )
185,500 (126,281 ) 59,219
Restricted funds
ICAN 67,864 (69,123 ) (1,259 )
Morgan Foundation Grant 5,249 (5,249 ) -
Cyngor Gwynedd SLA 9,680 (4,762 ) 4,918
Cyngor Gwynedd Cynllun Gardd 9,880 (1,038 ) 8,842
Cegin newydd 13,384 (9,951 ) 3,433
106,057 (90,123 ) 15,934
TOTAL FUNDS 291,557 (216,404 ) 75,153

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

13. ULTIMATE CONTROLLING PARTY

The ultimate control of the company is vested in the board of trustees who are also members of the company.