IRIS Accounts Production v23.3.1.45 Other Company accounts True false Pounds 1.4.22 31.3.23 31.3.23 FY FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true false true 15 14 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure046813012022-03-31046813012023-03-31046813012022-04-012023-03-31046813012021-03-31046813012021-04-012022-03-31046813012022-03-3104681301ns22:CharitableCompanyLimitedByGuarantee2022-04-012023-03-3104681301ns15:PoundSterling2022-04-012023-03-3104681301ns11:FRS1022022-04-012023-03-3104681301ns11:IndependentExaminationCharity2022-04-012023-03-3104681301ns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-04-012023-03-3104681301ns11:FullAccounts2022-04-012023-03-3104681301ns11:CharitiesSORP2022-04-012023-03-3104681301ns16:EnglandWales2022-04-012023-03-3104681301ns11:RegisteredOffice2022-04-012023-03-3104681301ns22:Trustee32022-04-012023-03-3104681301ns22:Trustee22022-04-012023-03-3104681301ns22:Trustee12022-04-012023-03-3104681301ns22:TotalUnrestrictedFunds2022-04-012023-03-3104681301ns22:TotalRestrictedIncomeFunds2022-04-012023-03-3104681301ns22:Activity82022-04-012023-03-3104681301ns22:TotalUnrestrictedFundsns22:Activity82022-04-012023-03-3104681301ns22:Activity8ns22:TotalRestrictedIncomeFunds2022-04-012023-03-3104681301ns22:Activity82021-04-012022-03-3104681301ns22:TotalUnrestrictedFunds2022-03-3104681301ns22:TotalRestrictedIncomeFunds2022-03-3104681301ns22:TotalUnrestrictedFunds2023-03-3104681301ns22:TotalRestrictedIncomeFunds2023-03-3104681301ns22:TotalUnrestrictedFundsns6:WithinOneYear2023-03-3104681301ns22:TotalRestrictedIncomeFundsns6:WithinOneYear2023-03-3104681301ns6:WithinOneYear2023-03-3104681301ns6:WithinOneYear2022-03-3104681301ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-04-012023-03-3104681301ns6:ShortLeaseholdAssetsns6:LandBuildings2022-04-012023-03-3104681301ns6:PlantMachinery2022-04-012023-03-310468130122022-04-012023-03-310468130132022-04-012023-03-310468130112022-04-012023-03-310468130112021-04-012022-03-3104681301132022-04-012023-03-3104681301132021-04-012022-03-3104681301ns22:TotalUnrestrictedFunds2021-04-012022-03-3104681301ns22:TotalRestrictedIncomeFunds2021-04-012022-03-3104681301ns22:TotalUnrestrictedFundsns22:Activity82021-04-012022-03-3104681301ns22:Activity8ns22:TotalRestrictedIncomeFunds2021-04-012022-03-3104681301ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-03-3104681301ns6:ShortLeaseholdAssetsns6:LandBuildings2022-03-3104681301ns6:PlantMachinery2022-03-3104681301ns6:OwnedOrFreeholdAssetsns6:LandBuildings2023-03-3104681301ns6:ShortLeaseholdAssetsns6:LandBuildings2023-03-3104681301ns6:PlantMachinery2023-03-3104681301ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-03-3104681301ns6:ShortLeaseholdAssetsns6:LandBuildings2022-03-3104681301ns6:PlantMachinery2022-03-31
REGISTERED COMPANY NUMBER: 04681301 (England and Wales)
REGISTERED CHARITY NUMBER: 1110453














Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION






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




Page

Report of the Trustees 1 to 9

Independent Examiner's Report 10

Statement of Financial Activities 11

Statement of Financial Position 12

Statement of Cash Flows 13

Notes to the Statement of Cash Flows 14

Notes to the Financial Statements 15 to 23

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023


Chairwoman's Report for the Year Ended 31 March 2023

This year marks our first full year in the Wellbeing Centre and coincidentally also marks the 25th anniversary of the Gellideg Foundation Group. How fitting, as one of our primary aims was to establish a community centre for the benefit of the people of Gellideg and the borough of Merthyr Tydfil.
All those years ago a group of mothers on Gellideg estate met at a parenting class in the Family Centre. They all had young children around 2-3 years old and were worried that their future looked less than promising. The estate was run down and neglected, there was nothing for young people to do, unemployment was high, and the general mood was glum. The mothers wanted to do something positive, for the children and for the estate. The course tutor rang a local group, Groundwork, and a development officer came along to work with the mothers to turn ideas and motivation into action. In that Family Centre, Paula Vaughan named the group, The Gellideg Foundation Group. Paula was one of our first trustees. She has sadly passed away now and we miss her every day. Also present at that first meeting was Tracey Passmore, who joined the GFG as a member of staff later and is a fabulous Engagement Officer. Helen Buhaenko was the development officer who called the first meeting and Colette Watkins was the mother who became our first paid member of staff. I was there too and became a Trustee.
None of us realised at the time that the group would achieve so much. Our formula is to remain true to our values; be grounded in the community and aim high, respond to local need whilst challenging assumptions, champion the community and hold others and ourselves to account. Twenty-five years on and so much has changed for the better while socio-economic challenges remain. We are so proud of The Wellbeing Centre, a fabulous and inspiring space which demonstrates the value wider society places on this community. In this first year we have started to bed into the centre whilst responding to the immediate challenges facing the community. Our priorities have been to:
- Provide support through the cost-of-living crisis
- Deliver wellbeing activities that promote physical and mental health
- Be a hub for community activity
- Inspire and support young people to broaden their horizons and learn new skills
- Support early years development
- Expand our partnership base
We have achieved all of this and more and have thoroughly enjoyed welcoming new community members and partners to the Centre. Twenty-five years after that first meeting in the Family Centre we have realised our ambition to open a Centre that belongs to the community for the good of the community. Now we look forward to the next twenty-five years!
Hold on to your hats!

Maria Owen, Chair of Trustees


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023

OBJECTIVES AND ACTIVITIES
Objectives and Activities
The Gellideg Foundation Group (GFG) is a community organisation based on a social housing estate in Merthyr Tydfil, deeply rooted in the community and responsive to local need. This area ranks amongst the lowest 10% in Wales. We believe that social justice occurs when change happens at a personal, social and structural level. We strive to achieve this change through advocacy and service provision. Our community development is grounded in the lived experience, and we have strong ties to the most disenfranchised in the community. We work in partnership with agencies across all sectors.
We focus on engaging people who are on very low incomes, who are in poor health, and people who are older or younger. We support people with learning difficulties and people with dementia. Our aim is to empower residents living on the estate and across Merthyr Tydfil to be able to achieve their potential. Our role is to provide opportunities and services that make people feel better and we do this by connecting people together, and helping them to be more active, learn new things, be creative and give through volunteering.

Summary of the charity's activities and achievements in relation to the objects

OBJECTIVES AND ACTIVITIES
1. Providing support through the cost-of-living crisis
February 2022 Russia invaded Ukraine and the consequences of this brutal and unprovoked attack did not take long to reach Merthyr Tydfil. The cost-of-living crisis, exacerbated by the consequences of Covid and Brexit translated into increased costs of fuel and food. Over the year family budgets became over stretched. The price of every day essential necessities rose to such an extent it outstripped people's ability to pay for them. The income/expenditure disparity was masked by a couple of factors. Strategies to cope included using savings made during the pandemic, borrowing from family members and avoiding heating homes. None of these strategies was sustainable in the long term. Community members became worried about the approaching cold weather and how they are going to pay for their gas and electric. Even with the recently announced Energy Price Guarantee, utility bills risked plunging community members into further fuel poverty and risk of fuel crisis. Community members told us they would be cutting down on the quality and quantity of the food they buy and the amount of heating they use in the house. The worry translated into poor mental health.
We received funding from The National Lottery Community Fund to support vulnerable and low-income households through the crisis.

Extending the Community Pantry to new members
We operate a Community Pantry twice a week, 48 weeks of the year. It is open all-day Tuesday and Friday afternoons. Over the year the demand for membership has grown, but our ability to add new members is constrained by the amount of food and products we can source. We are grateful to The Julia and Hans Rausing Trust - Food bank Fund, Voluntary Action Merthyr Tydfil Feeding Britain Grant, Aldi - Emergency Winter Food Bank Fund, Sainsbury's Helping Everyone Eat Better Community Grant Fund 2022-23,Tesco Community grant and the Moondance Foundation for supporting us to source additional food and products to support an increased membership. By the end of the year over 165 households were members of the weekly pantry. We have been able to increase the range of products available in the pantry and the number of free items.
We have developed our own pantry model, we charge £ 3.50 membership for 4 hearts and 6 diamonds. The concept being that members choose their own produce much like a usual shop experience, enabling customers to access subsidised food whilst expressing their own preferences. Membership is open to all but there is clear focus on providing healthy, fresh food to household who have suffered a loss in income or are experiencing hardship. We have a rolling reserve list and as members' circumstances improve they come off the pantry to make way for new households. This is a self-selecting and deselecting process that works well. The bread and fruit and vegetables are free, as are the period products. We regularly conduct questionnaires to have feedback about the pantry model - members appreciate the range of goods and the value for money. The fruit and vegetables are very popular, as are the toiletries and cleaning products. We access food from Warburtons and Fare Share, Fare Share Go, Neighbourly, the Samworth Brothers and His Church. We access products from In Kind and this year have started a new partnership with the Hygiene Bank in Aberdare.
Membership is open to anyone living in Merthyr Tydfil who is not a member of another pantry model. Membership is per household so one member is often supporting children and other adults. Partner agencies ring us for emergency bags for their clients when the Food bank is not open. We provide this service free and the demand is growing. This year we have provided over 160 emergency bags.
We also hold a non-members pantry once a month for anyone to attend. The fruit and vegetables and period products are free and a bag of groceries is on offer for £ 2. People on the waiting list make use of this offer until a space comes free. On average, a further 35 households come to the non-members pantry.

Providing access to financial support and practical advice for low-income community members

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023

The Wellbeing Centre has become a hub and drop-in point for community members. People come to the centre to attend classes, see partners and join in community events. We are keen to promote an inclusive atmosphere and are well placed to provide direct support and signposting for residents. We received funding from the National Grid Electricity Distribution, Community Matters Fund to support low-income households in Merthyr Tydfil over the winter to alleviate the pressure of fuel poverty and debt and to help sustain a level of wellbeing. We distributed coal, donated via Feeding Britain, to over 450 households in Merthyr Tydfil.
We provided direct front line support to 345 low-income individuals to help them access energy discount schemes and grants. We referred individuals to CAB and Fuel Bank for fuel vouchers, distributed mobile phone SIM cards from O2 and Vodafone, referred individuals to the Buttle Trust, the Discretionary Assistance Fund, BBC Children in Need, The British Red Cross, and The Family Holiday Charity. We helped parents access Healthy Vouchers and baby bank equipment and in partnership with Dwr Cymru held benefit days in the centre to help households reduce their water bills.
The centre has free public WiFi and a public computer.

Opening a Warm Space
We have a passivhaus Wellbeing Centre which is fully insulated and costs little to keep warm. To alleviate the increased costs of living, we made the Centre available every day from 10 to 5 for anyone to come and sit in a warm space and have a free hot drink, read a paper, or join a community activity. We found that these were most accessible when we ran community activities such as arts and crafts, films and games activities. Linking the warm space with grant and financial support and the pantry provided excellent wrap around support. As the winter months receded, we have continued the community activities such as music bingo and arts and crafts because of popular demand. Over 80 people came weekly to the warm space.

2. Delivering wellbeing activities that promote physical and mental health
Our aim is to improve wellbeing as a means of tackling ill health and deprivation.
Poor health is one of the key factors undermining the wellbeing of our community. During a series of facilitated workshops with staff from Cwm Taf Morgannwg Health Board, we identified our aims as being:
- To help the community improve understanding of how to achieve and maintain good health.
- To increase people's aspirations around healthy life expectancy.
- To help people to practise healthy lifestyle options.
This year we continue to focus on providing accessible opportunities and services that help people feel good and we do this by connecting people together, helping them to be active, learn new things, be creative and give through volunteering. We also focus on food, eating together, learning how to cook nutritionally, and enjoying food as a social event and a means to a healthier lifestyle.

Food and nutrition:
With support from Feeding Britain and the MVH Food Prosperity Fund, we were able to provide healthy meals to the community during the summer holidays, October and February half terms. Staff and volunteers cooked 16 community meals for 480 children and their parents to prevent holiday hunger as part of the holiday play programmes.
Weekly from April to July we hosted a subsidised luncheon club for anyone who wants to enjoy good food and company. For £3.50, thirty isolated people come together for a two-course meal and some fun. Staff and volunteers also hosted a four course community Christmas lunch for over 50 vulnerable residents, complete with brass band and bingo.
After school we deliver family cooking sessions to parents and their primary school children. We teach cooking life skills, how to cook healthy homemade take away food like pizzas, kebabs and stir frys and cooking on a budget. Parents, carers, and children enjoy these sessions where they can experiment with new tastes and textures at no cost. We delivered the 5-week cooking courses to July, and from September these were delivered by the Public Health team.
We incorporate pantry food items into menus so that the recipes can be cooked at home highly cost effectively. Underpinning these activities is an emphasis on good nutrition - we have a weight management class where residents drop by to share weight loss tips and have a weigh in.
The youth team include food and cooking into their evening youth project. Between 20 and 30 young people attend youth each evening. The team have found that as important as teaching cooking skills is exposing young people to different food options, growing their palates, and helping them to overcome the fear of unknown flavours and dishes.

Keeping Active:
During the week we run a series of activities for different levels and abilities at varying times of the day and evening. We are responsive to requests and need, trialling and dropping some activities and keeping others which are very popular.
Tea dance - a weekly two-hour dance for older people, with an average attendance of 30 A very popular activity, led by a volunteer tutor.
Booty shakers - a weekly anaerobic exercise class that has been expanded to twice weekly (morning and evening) due to demand. Led by a volunteer.

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023

Gentle exercise - sessions for older people and those in poor health or recovering from illness. Held for 6 weeks with intervals. This year we worked successfully with Artis, who delivered gentle exercise, music, movement, and dance. We continued to deliver these sessions in house after the collaboration.
Walking group - a weekly group that walks together from the centre along the Taff trail for exercise and companionship.
Environmental group - a weekly group that helps maintain the landscaping around the Centre. Weather dependent, we are trailing this as a drop-in activity. The youth environmental group also weeds and maintains the planting and carries out weekly litter picks.

Improving mental health
We deliver activities directly and with partners that are responsive to community requests. These activities enable people to come together in a group activity to overcome loneliness and isolation and to focus on an activity that promotes mindfulness and mental wellbeing.
Arts and Crafts - a weekly crafting group delivered by Home Start
Community bingo - an extremely popular community bingo group that has expanded to over 40 members. Volunteers run the show.
Music bingo - an off shoot of bingo with music. Very popular and proving an easy way to make new friends and meet new people.
Wellbeing group - we started a weekly coffee morning and wellbeing group in response to requests. It quickly became apparent that people living with dementia and their carers were attending the group. We have partnered with Platform and Effro for support, advice and training.
Dementia support - We consulted with people with dementia and their carers who told us there is a need for activities for people living with dementia to help overcome isolation, improve mental wellbeing, and bring joy to their lives. In September all staff at GFG received training from Effro, who delivered weekly activity classes for people with dementia, whilst training and mentoring GFG in how to continue these classes in the future. From January, Effro and Platfform delivered activity classes and separate peer support sessions for carers of people living with dementia, again, cascading their knowledge to GFG. We are now in a strong position to continue to deliver dementia friendly activities, specializing in encouraging people with dementia to engage their memories and thinking skills, using the principles of reminiscence therapy and CST (cognitive stimulation therapies).
Volunteering: We cannot run all these services without the help of our dedicated volunteers. Over 25 people give their time regularly, from the local area and from British Red Cross.
Community members are referred to us from partners, GPs, statutory support services, care homes, schools, voluntary sector organisations and umbrella bodies. We actively advertised for participants across social media, poster and leaflets, through schools and partners, letter drops and by word of mouth. We proactively target people on low incomes, in poor mental and physical health and with learning difficulties.
All our wellbeing support is free of charge or at a highly subsidized rate (£1) and open to anyone in the borough to access.

3. Being a hub for community activity
We are a community organisation, rooted in the locality and responsive to local people's requests and needs. We wish to see the Centre full of life and community activity, a place where people feel welcome and at home. Feedback from consultations repeatedly evidence the desire for community events and activities that bring all generations together. Consultations have also evidenced a need for children's holiday play activities for the under 10s. In response to this feedback, during the holidays we have run a family holiday programme to prevent holiday hunger and offer play and fun activities to young children. This programme is in addition to the youth programme and is supported by Merthyr Tydfil CBC.
In the Summer holidays 725 people took part in a month of activities. A weekly programme consisted of two mornings of Melody Movers play for 0-4 year olds, three days of play for 7 to 11 year olds, three community meals and a community trip. Tutors specialising in musicals, dance, football, illustrating, screen painting, circus skills, crafts, environmental activities and drama were appointed to introduce young people to new and exciting play. We worked in partnership with the Wales Millennium Centre to deliver the play scheme; the Centre also provided subsidized tickets for community members to visit the theatre for the first time, to see the Lion King, Les Mis and Singing in the Rain. Over the year we have continued to work in partnership with WMC and run a community trip to the theatre every 6 weeks for low-income households who are not able to afford cultural activities.
During the summer we offered highly subsidised community bus trips to Raglan Castle, Symonds Yat, Barry Island, Swansea Beach and Tenby.
In the half terms and Easter holidays we partnered with La La Productions to run play days for under 11s and their families. La La Productions actors held themed play and drama activities while GFG prepared holiday community lunches. Feedback from the sessions was very positive.
This year we continued to hold a series of community events supported by local volunteers. Supported by the VAMT Loneliness and Isolation prevention grant, we held a community Halloween discos and parties and a pre-school party. We marked Remembrance Day with an exhibition in the foyer and holding a minute's silence. Running up to Christmas we held wreath making classes, festive food workshops, discos, parties, a community meal and festive decoration classes.

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023


4. Inspiring and supporting young people to broaden their horizons and learn new skills
Our team of youth workers hold youth clubs across three estates, four nights a week. The junior club is for 8 - 11's and the older club is for ages 11 to 25 years. Young people either meet in youth clubs in their areas in Trefechan and Twyncarmel or come to the Wellbeing Centre by bus. Youth provides opportunities for social and emotional development which is led by young people. All of our youth members are living in low-income households and experience child poverty. The purpose of the youth programme is to provide young people with opportunities they would not otherwise have had the chance to experience, and through these adventures, to develop new skills. The programme is supported by MTCBC and BBC CIN.
Over 284 disadvantaged young people are members of the youth programme.
This year the team have delivered a wide range of sessions focussing on culture, education, participation, health & wellbeing and environment, together with a number of youth led activities including community events. Running alongside these we have delivered the Fit & Fed programme and continue to offer a variety of physical activities within our programme of delivery.
Levels of participation have been consistent, with new members joining the club and engaging in regular activities. We have continued to provide a robust programme of activities which has received positive feedback from those who have taken part.
Activities have been inclusive for all and have been tailored to the needs and wants of our young members. We continue to work with young people focusing on supporting mental health and wellbeing issues.
We continued to operate informal and formal training, where young people were given the opportunity to engage in our accreditation programme through youth achievement awards, allowing them the flexibility to learn and develop in informal settings, have fun and discover their own aptitudes helping them to be life ready and to have the social, emotional and skills capacity to enter employment or higher education. To date we have exceeded our current accreditation targets with 58 young people achieving accredited learning opportunities - 15 completed their Bronze YYA. 9 completed their Silver Youth Achievement and 34 achieving their Level 1 Principles and practice of Fire Fighting.
Over the past 12months, we have tailored workshops around issues that are relevant to young people, and which have encouraged group discussion and enabled young people to express their views and opinions. Sessions included various activities and opportunities for either one to one work or group sessions. Throughout the year these have been carried out during youth club sessions, street-based work and one to one or small group sessions.
Aim of the workshops are to;
- Discuss issues of concern to young people - this year has been around mental health, vaping, pressure in school and peer pressure
- Increased knowledge and understanding - understanding feelings, emotions and anxiety as a result of the pandemic and everyday issues relating to school/life pressures
- Encourage young people to voice their concerns or issues - so we can incorporate these within our deliver plan. This year we have worked on 'Be Internet Citizens' worked with local PCSO's on projects around speeding on the estate, increase of vaping amongst small children as well as work around substance misuse.
- Use skills learnt or developed to become more confident and resilient - We have used opportunities such as residentials in Call of the Wild and sailing with Challenge Wales to develop life skills and to improve resilience in certain situations while as the same time building on confidence and self-esteem.
Multi-agency work has been integral in making the service we provide a success and we continue to work with partners including MTCBC Youth Service, Youth Cymru, Drug Aid, Cwm Taff Health Authority, Millennium Centre Wales, Cardiff City Stadium, Challenge Wales, South Wales Fire and Rescue, Wales and West, SMT, MVH, Merthyr Housing Association/Fit & Fed, small woods to name a few.
Work with South Wales police for the young voice's initiative has worked well and will continue past this reporting period. The project takes into account young person's views, opinions and perspective on some of the local issues they feel are relevant to them and their peers i.e. vaping amongst younger children, speeding in areas occupied by young children and stop and search awareness workshops for youth - we are pleased to report that there has already been improvements made on these areas identified by our young members
Trips, outings and residentials have been an added bonus. They have been extremely beneficial for our young members mental health and wellbeing. Trips have included Call of the wild, beach days, Ice skating, performances at the Millennium Centre, Oakwood Theme park, Vertigo trampoline park, Cardiff City Football Stadium as well as a 5 day sailing with Challenge Wales.
Enabling our young volunteers to be involved in community celebrations also work well, embedding a positive image of the young people who attend our service. Youth have been involved in organising fun activities for National Playday, the Queen's Jubilee, community cinema showings, and cake bakes to support our warm spaces. All activities have been youth led and supported by our young volunteers - these events have continued to support the positive image of young people in the community, while reinforcing new opportunities enabling them to develop lifelong skills including growing in confidence, developing teamwork skills, improving communication skills, cooking, personal safety etc.
15 young people with learning difficulties have been supported through engagement in weekly activities allowing them the flexibility to engage, learn and develop in a safe and stimulating environment, while having the opportunity to discover and develop their own aptitudes.

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023

To end the year, we held a celebratory evening to recognise the work carried out by our young people for achieving their accreditations, the 500 mile walking challenge as well as the numerous volunteering work they have undertaken. The evening was a huge success with the High Sheriff of Mid Glamorgan Mrs Maria Thomas and Councillor Geraint Thomas distributing certificates/awards. Over 65 young people received awards with some receiving more than one due to their involvement in various projects.
1 Certificate = 39 young people
2 Certificates = 18 young people
3 Certificates = 7 young people
4 Certificates = 1 young person
The success of the evening sparked a news wave of interest among young people expressing the desire to participate in more projects and activities, such as signing up the Phoenix fire fighter project, challenge Wales sailing experience as well as volunteering opportunities.

5. Supporting early years development
We are committed to supporting expectant mothers, parents and carers on their journey from pregnancy, birth, new born, child development to school ready, parenting and mentoring others. We run three play groups and one music and movement session weekly as well as supporting parents to attend parenting classes. We engage and support mothers and families into activities, advocate for wellbeing and accompany the family on a journey of change. We host a dads' group and Mind Mums' Mental Health Matters courses. We also host the Henry under 5s nutrition course, the midwife and baby massage. All of these groups are well attended.
In addition, at the end of each term we take the toddler group on a coaches for a fun trip. This year we went to Cantref farm to feed the lambs and play on the outdoor equipment. We are aware that many families have not been able to go on a holiday together. We are a referral agency for the Holiday Charity and this year four families from pre-school went on a caravan holiday to the sea side with their children for the first time.

Toddlers at Coed-y-Dderwen Pre-school:
Toddlers at Coed-y-Dderwen started delivering from the nursery at the Wellbeing Centre in September 2022. The group is independent from the GFG, employing staff in its own right to deliver pre-school provision for families on low incomes in the ward. However, the majority of the trustees are staff from the GFG and as well as providing governance support, we also give operational support on an almost daily basis. We offer the opportunity for up to twenty four 2 ½ to 3 ½ year olds to receive early years provision daily in term time to ease their transition to nursery school and support their early years development.

PARTICIPATION, ENGAGEMENT AND INCLUSION
In the last 12 months, over 1140 people have benefitted from our activities.
An average of 600 people come to the Centre each week to attend groups, visit the pantry and ask for information or support. Including the youth team, we support over 800 people a week, people who are low incomes and or in poor health. We measure impact by recording who is attending groups and by keeping in touch through informal chats we can assess whether the interventions are increasing wellbeing.

FUNDRAISING ACTIVITIES
All our fundraising is done in house by the Co-director.
We continue to invest in the centre and adapt it for use as we bed in. The rotunda is an excellent space - flexible, welcoming and magnificent. We have invested in further facilities for the room, including a camera for virtual meetings. The Centre generates unrestricted income for the charity as we rent the space to new partners. This year we continue to invest in completing work on the building, for example, a survey of the roof and remedial works required, further BT infrastructure and increased telecom lines installed and replaced internal fire doors replaced. Touchstone Energy services have supported us with accessing a cost-effective energy supplier. We have been supported by Ffos-y-Fran Community Fund - Large Grants Scheme, the Gwendoline and Margaret Davies Charity, Future Valleys Construction Merthyr - Communities Initiatives Funding and Monmouthshire Building Society Charitable Foundation to purchase equipment for the centre, including a minibus, handryers, furniture and tables and chairs.
We are grateful to Bradgate bakery / Samworth brothers charity challenge 2022 for supporting the GFG and presenting their award to Anne Marie Howe, trustee, for GFG's work.


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023

FINANCIAL REVIEW
Reserves policy
We are working towards holding 6 months expenditure in reserve, which we anticipate to amount to £210,650 based on 2023 expenditure figures.

At present, the charity has £249,119 (2022: £264,889) of unrestricted funds, however, as £35,032 is tied up in Fixed assets held, there remains £214,087 of unrestricted net assets, this is therefore adequate to meet the current reserves policy of £210,650.

During the year the Wellbeing centre was revalued by Apex Surveyors Ltd of Aberdare for £950,000, the accounts show a revaluation adjustment from costs incurred in building to today's market value of £2,215,909.

This valuation is shown on the face of the SOFA on page 11 as well as in Note 14 Movement of Funds, as the Wellbeing Centre restricted fund has now reduced from £3,409,167 in 2022 to £1,165,859 in 2023. These restricted funds relate to the new build and are effectively tied up in the building alone.

Staffing levels - We employed 10 members of staff to the end of March 2023 (12 members of staff as at the 31st March 2022).

FUTURE PLANS
Our aim for next year is to continue to bed into the Centre, expanding our partnership base and completing work on the building. We aim for the Centre to be full of people from Merthyr Tydfil, taking part in and devising activities that are improving their health and wellbeing for the long term and that these activities and participants are tracked and monitored so that impact can be assessed.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023


STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
Full membership of the Gellideg Foundation Group is open to anyone over 18 who lives within the area of benefit - the Gellideg estate, Merthyr Tydfil.
Anyone who is a full member of the Gellideg Foundation Group may put themselves forward to be a trustee. Once in every calendar year a General Meeting is held - it is well publicised within Gellideg within a minimum of 21 days notice of the event. Full members of the GFG, present at the meeting, elect the organisations' honorary officers by way of a secret ballot. Information is provided to those interested in taking up office as trustee setting out the scope, responsibilities and duties of the post.

Names of any person or body entitled to appoint a trustee
Full members of the GFG elect the Foundation's Officers - the Chair, Secretary and Treasurer as well as General Trustees by a process of first past the post elections.

Induction and training of new trustees
Each trustee is guided through an induction programme that familiarises the trustee with the GFG policies, values and processes. The induction includes an overview of the organisation's aims and objectives, policies, values and ways of working, constitution, staff organogram and volunteer structure, financial processes, budgets and accounting procedures, programmes and projects, funding arrangements, key stakeholders, partners and boards we belong to, monitoring and evaluation systems, forecast of key events. The induction includes on the job training, one to ones and the reading of relevant documents.

Organisational structure
The GFG's Management Committee consists of its trustees. The management committee meets a minimum of once every six weeks to hear the report of the Co-Directors. The Finance Manger presents the accounts to the Committee twice a year. The Management Committee is the GFG's strategic decision-making body and governing board. It oversees the strategic direction of the organisation and is responsible for ensuring its operations adhere to the GFG's constitution, aims and objectives and charitable law. Lloyds Foundation are assisting the GFG with recruiting new Trustees.

As a requirement of funding, GFG has been audited by several funders and consistently been found to operate sound financial practice.

Wider network
We are an established charity, embedded both in local partnerships and with close working relationship with national partners. We benefit from community knowledge and being informed by the advice of specialist partners. Having operated for 25 years we also have a wealth of lived experience to draw on. We have expertise in partnership working, collaboration, sharing resources and information.

We are a member of a number of local forums, including the Merthyr Tydfil County Borough Council (MTCBC) food security group, the Health and Wellbeing group and the Children and Young People partnership. Voluntary Action Merthyr Tydfil (VAMT) and MTCBC continue to be strong and practical partners across many departments of their organisations.

Partners have assisted us in finding volunteers, (VAMT and The British Red Cross), accessing funds, (Merthyr Valleys Homes) and in sourcing subsidized or free surplus food (Fare Share Cymru, Fare Share Go, In Kind direct, His Church and Feeding Britain).

During this period we have been supported by Lloyds Foundation and their Enhance programme. The Enhance programme has given us access to HR advice from Roots, marketing and website advice and training from Promo Cymru and IT and property advice from the Ethical Property Foundation.

Partners who have already started delivering from the centre include Communities 4 Work; holding job clubs and training sessions in the centre twice weekly, Adferiad; providing mental health support every week, CAB; holding a drop-in advice clinic weekly. We are developing a strong link with Cwm Taff Morgannwg University Health Board; we have already held a number of consultation sessions with senior strategists and are developing proposals for innovative work together.

We continue to have strong links with Small Woods and Groundwork who provide support, resources and guidance on environmental volunteering.


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Report of the Trustees
for the Year Ended 31 March 2023

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04681301 (England and Wales)

Registered Charity number
1110453

Registered office
Canol-Y-Bryn
The Wellbeing Centre
Heol Tai Mawr
Merthyr Tydfil
CF48 1ND

Trustees
Miss A Howe Law Student
Mrs S Northall Civil Servant
Mrs M J Owen Director

Independent Examiner
Darren Bowden FCA
James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

Bankers
Lloyds Bank Plc
Merthyr Branch
69 High Street
MERTHYR TYDFIL
CF47 8UH

Solicitors
Geldards
Dumfries House
Dumfries Place
Cardiff
CF10 3ZF

Key and senior staff
Colette Watkins and Helen Buhaenko - Managers of the Gellideg Foundation Group.
Amanda Jenkins - Finance Manager
Michelle Roberts - Youth Programme Manager

Approved by order of the board of trustees on 23 November 2023 and signed on its behalf by:





Mrs S Northall - Trustee

Independent Examiner's Report to the Trustees of
Gellideg Foundation Community
Association

Independent examiner's report to the trustees of Gellideg Foundation Community Association ('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.








Darren Bowden FCA
The Institute of Chartered Accountants in England and Wales

James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

24 November 2023

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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 2 78,749 329,394 408,143 310,229

Other trading activities 3 71,558 - 71,558 31,582
Total 150,307 329,394 479,701 341,811

EXPENDITURE ON
Raising funds 4 - - - 13,912

Charitable activities 5
General 166,077 296,721 462,798 428,217
Total 166,077 296,721 462,798 442,129

NET INCOME/(EXPENDITURE) (15,770 ) 32,673 16,903 (100,318 )
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets - (2,215,909 ) (2,215,909 ) -
Net movement in funds (15,770 ) (2,183,236 ) (2,199,006 ) (100,318 )

RECONCILIATION OF FUNDS
Total funds brought forward 264,889 3,480,563 3,745,452 3,845,770

TOTAL FUNDS CARRIED FORWARD 249,119 1,297,327 1,546,446 3,745,452

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION (REGISTERED NUMBER: 04681301)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 11 35,032 955,123 990,155 3,200,855

CURRENT ASSETS
Debtors 12 30,897 45,200 76,097 75,226
Cash at bank 193,964 297,004 490,968 478,329
224,861 342,204 567,065 553,555

CREDITORS
Amounts falling due within one year 13 (10,774 ) - (10,774 ) (8,958 )

NET CURRENT ASSETS 214,087 342,204 556,291 544,597

TOTAL ASSETS LESS CURRENT LIABILITIES 249,119 1,297,327 1,546,446 3,745,452

NET ASSETS 249,119 1,297,327 1,546,446 3,745,452
FUNDS 14
Unrestricted funds 249,119 264,889
Restricted funds 1,297,327 3,480,563
TOTAL FUNDS 1,546,446 3,745,452

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.

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 23 November 2023 and were signed on its behalf by:





M J Owen - Trustee

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

Statement of Cash Flows
for the Year Ended 31 March 2023

31.3.23 31.3.22
Notes £    £   

Cash flows from operating activities
Cash generated from operations 1 59,349 7,403
Net cash provided by operating activities 59,349 7,403

Cash flows from investing activities
Purchase of tangible fixed assets (46,710 ) (117,011 )
Sale of intangible fixed assets (8,100 ) -
Sale of tangible fixed assets 8,100 -
Net cash used in investing activities (46,710 ) (117,011 )

Change in cash and cash equivalents in
the reporting period

12,639

(109,608

)
Cash and cash equivalents at the
beginning of the reporting period

478,329

587,937
Cash and cash equivalents at the end of
the reporting period

490,968

478,329

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

Notes to the Statement of Cash Flows
for the Year Ended 31 March 2023

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31.3.23 31.3.22
£    £   
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)

16,903

(100,318

)
Adjustments for:
Depreciation charges 33,401 69,850
Loss on disposal of fixed assets 8,100 -
(Increase)/decrease in debtors (871 ) 47,804
Increase/(decrease) in creditors 1,816 (9,933 )
Net cash provided by operations 59,349 7,403


2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.22 Cash flow At 31.3.23
£    £    £   
Net cash
Cash at bank 478,329 12,639 490,968
478,329 12,639 490,968
Total 478,329 12,639 490,968

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

1. ACCOUNTING POLICIES

Organisational status
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, as modified by the revaluation of certain assets.

The organisation is an incorporated charity, registered at both Companies House and at the Charity commission. The trustees are set out on page 1 and they form a board of trustees (and directors) which is the executive body of the charity, the aims and objectives and rules for governance are set out in the charities constitution.

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 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
Short leasehold - 2% on cost
Plant and machinery - 25% on cost

Assets under construction are not subject to depreciation, until the asset is completed and then falls under the standard Freehold depreciation policy of 2% on cost per annum.

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.

Trade debtors
Trade debtors are measured at cost and include grants receivable.


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

2. DONATIONS AND LEGACIES
31.3.23 31.3.22
£    £   
Donations 20,000 130
Grants 388,143 310,099
408,143 310,229

Donations in the year total £20,000 from Samworth Brothers Ltd, Charity Challenge.

Grants received, included in the above, are as follows:

31.3.23 31.3.22
£ £

Aldi
Emergency Winter Food Bank
Fund

1,000


-
Feeding Britain Community Food Fund 3,500 -
Future Valleys Construction Merthyr Communities Initiative Funding 900 -
Merthyr Tydfil CBC Youth Services 78,994 75,000
Merthyr Valley Homes Wellbeing 20,000 45,000
Merthyr Valley Homes IT Support - 7,680
The Moondance Foundation Moondance Covid-19 Relief Fund 12,750 8,400
Ffos Y Fran Large Grants Scheme 23,200 500
Ffos Y Fran 2 - 5,000
South Wales Police and Crime
Commissioner's victim Fund

Wellbeing Sessions

-


2,206
Voluntary Action Merthyr Tydfil Wellbeing for Staff - 1,494
Postcode Community Trust 25,000 19,674
BBC Children in Need Money Heros Programme - 1,000
RDP - 21,735
The National Lottery Community Fund Awards for all - 10,000

Voluntary Action Merthyr Tydfil
Integrating Care Fund for
Dementia

15,000


9,500
Voluntary Action Merthyr Tydfil Loneliness and Isolation 1,401 2,344
Voluntary Action Merthyr Tydfil Feeding Britain 1,428 -
Voluntary Action Merthyr Tydfil Winter Pressures - 1,882
Merthyr Tydfil Housing Assoc Fit and Fed 3,307 375
Merthyr Tydfil County Borough Council Capital Food Poverty - 6,475
Merthyr Tydfil County Borough Council Intergenerational Outdoor Project - 500
Merthyr Tydfil County Borough Council Match Winter Pressures - 2,470
Merthyr Tydfil County Borough Council Play Provision - 5,000
Merthyr Tydfil County Borough Council Revenue Food Poverty Grant - 3,000
Merthyr Tydfil County Borough Council SETS Capital Grant - 21,422
Merthyr Tydfil County Borough Council Youth Winter Wellbeing - 4,500
Merthyr Tydfil County Borough Council Playfest 807 -
Merthyr Tydfil County Borough Council Summer of Fun 9,500 -
Merthyr Tydfil County Borough Council Equality and Diversity Project 1,800 -
Merthyr Tydfil County Borough Council Cost of Living Crisis Support 5,818 -

Merthyr Tydfil County Borough Council
School Holiday Play Provision
2023

3,000


-
Merthyr Valley Homes Food Prosperity Fund 3,000 -

Sainsbury's
Helping Everyone Eat better
Community Grant Fund

500


-
Tesco Community Grant 1,500 -
National Grid Electricity Distribution Community Matters Fund 10,000 -
The Julia and Hans Rausing Trust The Foodbank Fund 11,590 -
Gwendoline & Margaret Davies Charity 9,800 -
The National Lottery Community Fund Cost of Living support 99,875 -
Monmouthshire Building Society
Charitable Foundation
Monmouthshire Building Society
Charitable Foundation

1,820

Marks and Spencer Gifting Grants 1,000 -

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

2. DONATIONS AND LEGACIES - continued

Edward Gostling Foundation 10,000 -
BBC Children in Need Cost of Living Support 500 -
Garfield Weston Foundation 25,000 -
Lloyds Bank Foundation Cost of living uplift 2,250 25,000
T K Maxx - 500
Kick Start - 1,000
Welsh Government Food Poverty Grant - 14,400
Welsh Government Household goods - 2,042
Welsh Government Household Support Grant 3,903 -
Western Power Distribution Community Matters - 10,000
Youth Cymru - 2,000
388,143 310,099

3. OTHER TRADING ACTIVITIES
31.3.23 31.3.22
£    £   
Other income 71,558 31,582

4. RAISING FUNDS

Other trading activities
31.3.23 31.3.22
£    £   
Purchases - 13,912

5. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 6) Totals
£    £    £   
General 458,187 4,611 462,798

6. SUPPORT COSTS

Governance costs 2023 2022

Audit fees - 8,958


7. NET INCOME/(EXPENDITURE)

31.3.23 31.3.22
£ £
Depreciation - owned assets 33,401 69,850


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

8. 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.


9. STAFF COSTS

31.3.23 31.3.22
£ £
Gross Wages 219,176 197,366
Social Security 18,822 14,780
237,998 212,146

The average monthly number of employees during the year was 15 (2022: 14).

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

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 61,631 248,598 310,229

Other trading activities 31,582 - 31,582
Total 93,213 248,598 341,811

EXPENDITURE ON
Raising funds 5,698 8,214 13,912

Charitable activities
General 144,698 283,519 428,217
Total 150,396 291,733 442,129

NET INCOME/(EXPENDITURE) (57,183 ) (43,135 ) (100,318 )


RECONCILIATION OF FUNDS
Total funds brought forward 322,073 3,523,697 3,845,770

TOTAL FUNDS CARRIED FORWARD 264,890 3,480,562 3,745,452


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

11. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2022 3,255,427 10,000 59,648 3,325,075
Additions - - 46,710 46,710
Disposals - (10,000 ) (35,194 ) (45,194 )
Revaluations (2,283,427 ) - - (2,283,427 )
At 31 March 2023 972,000 - 71,164 1,043,164
DEPRECIATION
At 1 April 2022 67,518 1,900 54,802 124,220
Charge for year 19,300 - 14,101 33,401
Eliminated on disposal - (1,900 ) (35,194 ) (37,094 )
Revaluation adjustments (67,518 ) - - (67,518 )
At 31 March 2023 19,300 - 33,709 53,009
NET BOOK VALUE
At 31 March 2023 952,700 - 37,455 990,155
At 31 March 2022 3,187,909 8,100 4,846 3,200,855

Cost or valuation at 31 March 2023 is represented by:

Freehold Plant and
property machinery Totals
£    £    £   
Valuation in 2022 3,255,427 59,648 3,315,075
Valuation in 2023 (2,283,427 ) 11,516 (2,271,911 )
972,000 71,164 1,043,164

If Freehold Property had not been revalued it would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 3,255,427 -
Aggregate depreciation 67,518 -

Freehold Property was valued on an open market basis on 11 July 2023 by Apex Surveyors Limited .


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 76,097 75,226

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 6,193 -
Accrued expenses 4,581 8,958
10,774 8,958

14. MOVEMENT IN FUNDS
Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 264,889 (15,770 ) 249,119

Restricted funds
The National Lottery Community Fund - 95,299 95,299
Wellbeing Centre 3,409,167 (2,243,308 ) 1,165,859
BBC Children in Need 48,300 (23,900 ) 24,400
Awards for All 10,000 (10,000 ) -
The Clothworkers' Foundation 8,096 (8,096 ) -
MTCBC Capital food poverty - 1,250 1,250
Ffos Y Fran Grant 5,000 (5,000 ) -
The Julia & Hans Rausing Trust - 10,519 10,519
3,480,563 (2,183,236 ) 1,297,327
TOTAL FUNDS 3,745,452 (2,199,006 ) 1,546,446

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

14. MOVEMENT IN FUNDS - continued

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

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 150,307 (166,077 ) - (15,770 )

Restricted funds
The National Lottery Community Fund 99,875 (4,576 ) - 95,299
Wellbeing Centre 1 (27,400 ) (2,215,909 ) (2,243,308 )
Tesco Community Grant 1,500 (1,500 ) - -
BBC Children in Need - (23,900 ) - (23,900 )
MTCBC Youth Services 78,994 (78,994 ) - -
VAMT (Dementia) 17,829 (17,829 ) - -
Awards for All - (10,000 ) - (10,000 )
Moondance Foundation 12,750 (12,750 ) - -
The Clothworkers' Foundation - (8,096 ) - (8,096 )
MTCBC Play Provision 807 (807 ) - -
Postcode Community Trust 25,000 (25,000 ) - -
MTCBC Capital food poverty 24,625 (23,375 ) - 1,250
Ffos Y Fran Grant 23,200 (28,200 ) - (5,000 )
Aldi 1,000 (1,000 ) - -
Feeding Britain 3,500 (3,500 ) - -
Future Valleys Construction Merthyr 900 (900 ) - -
Gwendoline & Margaret Davies Charity 9,800 (9,800 ) - -
MTCBC Equality & Diversity Project 1,800 (1,800 ) - -
Monmouthshire Building Society
Charitable Foundation

1,820

(1,820

)

-

-
National Grid - Community Matter Funds 10,000 (10,000 ) - -
Sainsburys - Helping Everyone Eat 500 (500 ) - -
The Julia & Hans Rausing Trust 11,590 (1,071 ) - 10,519
Welsh Government - Household Support
Grant

3,903

(3,903

)

-

-
329,394 (296,721 ) (2,215,909 ) (2,183,236 )
TOTAL FUNDS 479,701 (462,798 ) (2,215,909 ) (2,199,006 )


GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.4.21 in funds 31.3.22
£    £    £   
Unrestricted funds
General fund 322,073 (57,184 ) 264,889

Restricted funds
Wellbeing Centre 3,375,501 33,666 3,409,167
BBC Children in Need 67,035 (18,735 ) 48,300
Awards for All 8,214 1,786 10,000
Merthyr Youth Service 1,222 (1,222 ) -
WCVA Recovery 43,629 (43,629 ) -
Climate Action Boost 20,000 (20,000 ) -
The Clothworkers' Foundation 8,096 - 8,096
Ffos Y Fran Grant - 5,000 5,000
3,523,697 (43,134 ) 3,480,563
TOTAL FUNDS 3,845,770 (100,318 ) 3,745,452

GELLIDEG FOUNDATION COMMUNITY
ASSOCIATION

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

14. 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 92,713 (149,897 ) (57,184 )
T K Maxx - Community Fund Foundation 500 (500 ) -
93,213 (150,397 ) (57,184 )
Restricted funds
Merthyr Valleys Homes 10,000 (10,000 ) -
Wellbeing Centre - 33,666 33,666
BBC Children in Need 1,000 (19,735 ) (18,735 )
MTCBC Youth Services 75,000 (75,000 ) -
VAMT (Dementia) 15,220 (15,220 ) -
Crime Commissioner's Victims Fund 2,206 (2,206 ) -
Awards for All 10,000 (8,214 ) 1,786
Merthyr Youth Service - (1,222 ) (1,222 )
Moondance Foundation 8,400 (8,400 ) -
RDP 21,735 (21,735 ) -
WCVA Recovery (1 ) (43,628 ) (43,629 )
Climate Action Boost - (20,000 ) (20,000 )
MTCBC Youth

4,500 (4,500 ) -
Merthy Tydfil Housing Association - Fit and
Fed Grant

375

(375

)

-
MTCBC Play Provision 5,000 (5,000 ) -
Postcode Community Trust 19,674 (19,674 ) -
Merthyr Valleys Home IT Support 7,680 (7,680 ) -
Welsh Government Food and Poverty
grant

16,442

(16,442

)

-
SETS Capital Grant MTCBC 21,422 (21,422 ) -
MTCBC Capital food poverty 9,475 (9,475 ) -
Western Power Distribution 10,000 (10,000 ) -
Ffos Y Fran Grant 5,500 (500 ) 5,000
Youth Cymru 2,000 (2,000 ) -
MTCBC Match Winter Pressures 2,970 (2,970 ) -
248,598 (291,732 ) (43,134 )
TOTAL FUNDS 341,811 (442,129 ) (100,318 )

15. RELATED PARTY DISCLOSURES

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