REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements |
for the Year Ended 31 March 2024 |
for |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements |
for the Year Ended 31 March 2024 |
for |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Contents of the Financial Statements |
for the Year Ended 31 March 2024 |
Page |
Report of the Trustees | 1 | to | 10 |
Independent Examiner's Report | 11 |
Statement of Financial Activities | 12 |
Statement of Financial Position | 13 |
Statement of Cash Flows | 14 |
Notes to the Statement of Cash Flows | 15 |
Notes to the Financial Statements | 16 | to | 25 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
Chairwoman's Report for the Year Ended 31 March 2024 |
I am very proud to announce that The Gellideg Foundation Group won "Youth Provision of the year" in the Merthyr Tydfil County Borough Council Academy of Success 2021-2022 & 2022-2023. Winning this award is an amazing honour and recognises the commitment and hard work of the staff and young people. Well done everyone ! |
This year we have continued to expand our services whilst deepening the quality and impact of our work. It is with some relief that after so many hectic years of delivery, through the pandemic and moving into the new Centre, we are able to take stock and consolidate. We are grateful to the Postcode Community Trust and Merthyr Valleys Homes for unrestricted funding which enables us to be responsive to community need and deliver the support and services people request. It was also a great pleasure to host The National Lottery Community Fund's UK and Wales committees, as well as their Senior Management Team and Young People's Panel to showcase our work as a grant holder. Without our funders we would not be able to operate, and we do not take them for granted. |
Thank you to all our supporters, who enable us to focus on these community priorities: |
- Providing support through the cost-of-living crisis |
- Delivering wellbeing activities that promote physical and mental health |
- Being a hub for community activity |
- Inspiring and supporting young people |
- Supporting early years development |
We continue to expand our partnerships with other organisations to deliver holistic support to the community. This year we have started new relationships with the Repair café, Adult Learning Wales, delivering Art classes and British Sign Language courses, and with the Brecon Beacons National Park Authority. We also partnered with Valleys Kids, New Horizons, Forget Me Not Chorus and the Memory Clinic at Kier Hardie Health Park to deliver a new programme of support for people with dementia and their carers. |
It was the end of an era as we waved a fond farewell to Toddlers at Coed-y-Dderwen whose staff now work for Little Inspirations to deliver the Flying Start nursery provision. We look forward to a long and successful partnership with them. All these changes and developments can now be seen in greater detail on our bilingual website which we launched earlier in the year on www.gellideg.net. |
With best wishes to all, |
Maria Owen, Chair of Trustees |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
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. 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. |
Our ambition is to make a lasting change to local people's lives and break the cycle of intergenerational ill health and poor wellbeing. |
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. |
We are open to everyone living in Merthyr Tydfil, with a focus on engaging people who are on very low incomes, who are in poor health, and people who are older or younger. We do this by advertising widely and by word of mouth and by actively seeking to remove the barriers to participation: by providing a pickup service, charging minimally, being welcoming and encouraging, and promoting a culture that celebrates diversity and difference whilst sustaining community cohesion. |
Summary of the charity's activities and achievements in relation to the objects |
1. Providing support through the cost-of-living crisis |
We received funding from The National Lottery Community Fund to support vulnerable and low-income households through the crisis. This major grant has enabled us to deliver wrap around support to families; enabling access to subsidized food, emergency food, SIM cards, fuel vouchers, referrals for grants and support and access to Warm spaces. We were also able to use our minibus to collect vulnerable and isolated people from across the borough and bring them to the Centre. |
We expanded the membership of the community pantry. We provided emergency food and weekly food to 170 households a week, 48 weeks of the year. |
We opened the Centre throughout the week as a warm space. |
We linked the warm space with access to information on grants and financial assistance providing wrap around support. |
We delivered community activities to combat loneliness and to engender wellbeing particularly among isolated and low-income residents, and people in poor health. |
We appointed a minibus driver to pick up residents with no access to transport from across the borough so that they are able to access the Centre and participate in activities. |
We put dignity and respect at the heart of what we do. The warm space and pantry are for people who are struggling, but everyone who comes here feels at ease and welcomed. We have received feedback such as "This is the first time someone has treated me like an equal" and "You listen, that means so much". |
We are responsive to local need. Community members told us they did not want to just come to the centre to be warm, they wanted to interact with others, and feel good. The Community Bingo session has developed out of warm space - every week over 35 people play bingo together - led by a volunteer caller. Music bingo developed out of warm space too, with the idea of playing music and making a game of it. These two groups have become established activities in the centre, led by volunteers. |
With funding from the National Lottery Community Fund, Feeding Britain, The Julia and Hans Rausing Trust - Food bank Fund, Principality Building Society's Future Generations' Fund, Merthyr Tydfil Country Borough Council's Food Poverty Grant and Voluntary Action Merthyr Tydfil's Food Partnership Grant we were able to: |
1. Provide a pantry bag (worth £ 35) to 128 households a week (representing 384 people), 48 weeks of the years over 18 months. Each month the number of individual households receiving support from the pantry was 170 households. |
2. Provide non-members bags of groceries and toiletries, cleaning products, period products and fruit and veg to 35 households each month |
3. Provide emergency bags to people as requested by partner agencies - social services and CAB. Approximately 100 bags were provided |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
4. Give utility tokens, and Sim cards, apply successfully for holiday breaks, refer to CAB services, apply for grants, apply for Healthy start vouchers, provide coal from Feeding Britain - to over 457 people. |
5. Hold a warm space in the Centre throughout the project, accessed by over 400 people. |
6. Pick up 55 highly vulnerable residents weekly to attend activities. |
7. Take 190 community members to shows in partnership with the Millennium Centre in Cardiff. |
Food Pantry |
We run a food pantry twice a week, Tuesdays and Fridays, providing free fruit and vegetables, period products and bread. For £ 3.50 pantry members can also choose four hearts and six diamonds from the selection of groceries, toiletries and fridge items. Anyone living in Merthyr Tydfil can be a member of the pantry, we have over 170 members and a waiting list. We receive food from Fare share and Warburtons, Lidl and Fare Share Go and products from In Kind. We are also a member of the Hygiene Bank. The pantry is a vital support for families and individuals on low incomes. |
The Food Pantry Case Study |
B lives in privately rented accommodation, which was affordable for her until the breakdown of her relationship. Now she is a lone parent and finding it difficult to pay the rent, utilities and food while bringing up her daughter. Her partner is not contributing financially, and she found herself in financial hardship virtually overnight. She had very little experience of managing household bills and no knowledge of any support services/agency who could help or advise her on how to better manage her finances. B comes weekly to pantry to support herself and her child. Having access to free bread, pastry items and fruit and veg alongside good quality food items and toiletries provides her with food security. She said that since joining the pantry her mental health has improved due to lessening strain on her financial resources. She says that the toiletry items and cleaning products have been a great help. Being able to have quality items at affordable prices has been amazing, for example she would usually buy the cheapest washing power she could find, but these cheaper versions aggravate her daughter's eczema. B also looks forward to sitting and have a coffee with other pantry members, where they talk openly in a safe space about their struggles. By talking to others in a similar situation, B has said that she has gained tips and tricks on how to save money on her energy bills alongside her food shopping. She saves between £18 to £25 per week dependant on what items are available in the pantry. The pantry is a stop gap until B's daughter goes to school and she can increase her hours at work. She says for the moment, the Pantry is a lifeline. |
The Minibus |
This year we started our minibus pickup service for isolated members of the community in Merthyr Tydfil; is a fabulous success. Residents who have no vehicle and are unable to access public transport are picked up from their homes across the borough to take part in community activities. Three times a week we collect residents and bring them to activities at the Centre, for many this is the only time they see anyone all week. We also take isolated and low income residents on trips, especially to the Millennium Centre in Cardiff, because each month this partner organization provides free tickets for community members for shows. |
2. Delivering wellbeing activities that promote physical and mental health |
Poor health is one of the key factors undermining the wellbeing of our community. With support from the Community Foundation Wales Cost of Living Fund, MTCBC Multiply, MTCBC Play Schemes, Fit and Fed and the Regional Integrated Fund for Dementia, we delivered services that aimed to improve wellbeing as a means of tackling ill health and deprivation. |
We aim to: |
- Overcome loneliness and isolation |
- Increase levels of physical activity |
- Create healthy eating habits to increase health life expectancy. |
Food and nutrition: |
We were able to provide healthy meals to the community during the summer holidays, October and February half terms. Staff and volunteers cooked 20 community meals for 491 children and their parents to prevent holiday hunger as part of the holiday play programmes. |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
This year we partnered with Pipyn to deliver after school family cooking sessions to parents and their primary school children. They delivered 5-week cooking courses to parents, carers, and children, across the year, to approx. 120 participants. |
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. Ballroom dancing did not have much take up, walking group is seasonal. |
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 twice weekly anaerobic exercise class led by a volunteer. Addictive and very popular. |
Walking group - a weekly group that walks together from the centre along the Taff trail for exercise and companionship. |
Gardening group - a weekly group that helps maintain the landscaping around the Centre. Weather dependent, this is working as a drop-in activity. The youth environmental group also weeds and maintains the planting and carries out weekly litter picks. With support from Keep Wales Tidy. |
Yoga - we have started weekly sessions for the over 50s as a gentler form of exercise. |
Improving mental health |
We deliver activities directly and with partners that are responsive to community requests. Adferriad provide mental health and substance misuse recovery services from the Centre daily. We deliver group activities which overcome loneliness and isolation and we have partnered with Home Start who deliver a weekly crafting group and Adult Learning Wales, who deliver an Art Group, to promote mindfulness and wellbeing. |
Supporting people with dementia and their carers. |
This year we developed a joint programme of support with Valleys Kids and New Horizons, funded by the Regional Integrated fund for dementia. We provide support to people living with dementia and their carers and families; |
- Providing activities for people living with dementia to help overcome isolation, improve mental wellbeing, and bring joy to their lives. |
- Providing opportunities for carers and family members of people living with dementia to meet each other for peer support. |
- Responding to requests for carers to be able to meet and share advice. |
- Providing transport to people living with dementia and their carers who cannot access stimulating, social activities and who are at a greater risk of isolation and further deterioration. |
- Providing joint services for carers and people living with dementia so that each can receive support and be in in close proximity when doing so. |
We delivered 4 hours of community-based dementia activities based on reminiscence, cognitive stimulation and peer support weekly from September, including a dementia choir and an activities group. We also enabled people living with dementia and their carers to participate fully in community activities such as dance, art and gardening. 20 people attended activities group weekly and 35 people attend choir. We receive referrals from the Memory clinic staff who also attend sessions New Horizons provided seven monthly support sessions for carers covering; anxiety, resilience, stress management, relaxation, emotional wellbeing and grief and loss. |
Dementia Case study |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
Terry is 85, been diagnosed with vascular dementia a year ago, but has had it for 10 years. Has a wife, Alice, is his carer, she is in her eighties. Terry is a very quiet, dignified gentleman, since his diagnosis he has become quite anxious. He doesn't recognise his wife today but recognises her in the wedding photos. The minibus service was a Godsend for the pair - it enabled them to be able to access the group. The group is led by the participants, it is relaxed and fun. There are a number of facilitators and volunteers who are able to support the carers and people with dementia so that everyone has individual attention when needed. |
The group doesn't like anything rigid - they want to meet, chat, have tea and cakes, and be given options for activities. This could be singing, a quiz, games, cooking or creativity. The group likes to lead the direction of the session. When everyone is relaxed, the carers can form a separate group and discuss issues amongst themselves. |
Terry has become used to the routine of going to the Monday group. He waits for the minibus to come and pick them up. Getting up and ready and dressed on Monday morning is less difficult for Alice because Terry wants to get up and go to group. |
Alice has learned better coping mechanisms; not to contradict him or argue - but to step away and return to the situation afresh. |
Now Terry is coming out of himself more; he used to just sit and smile. Now he is interacting with others and telling us more about his life. At the beginning he didn't talk and didn't join in with activities. Now he joins in with the quizzes and singing, and is a fully integrated part of the group. |
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. In response to this feedback; |
A) During the school holidays we ran a family holiday programme, for the under 10s, 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. 491 people took part in a month of activities. |
B) 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. |
C) We ran Afternoon Tea, with 66 attendees and Soup and a Roll with 39 attendees, over 4 months. Multiply funding, enabled us to integrate numerical learning into these activities. |
D) Running up to Christmas we held wreath making classes, festive food workshops, discos, parties, a community meal and a hugely popular Santa's grotto, where he entertained 175 children! Supported by the VAMT Loneliness and Isolation prevention grant, we ran a Christmas trip to Cantref farm for the 65 members of toddlers. |
E) We celebrated National Play Day with a community play extravaganza, held a community Halloween disco and a pre-school party and marked Remembrance Day. |
4. Inspiring and supporting young people to thrive, achieve wellbeing, create and have adventures |
We operate a universal, inclusive, open access youth service which is focussed on listening to the voices of young people living on the housing estates of Gellideg, Trefechan and Tywncarmel. We provide opportunities for young people aged 11-25 that support their social, emotional, cultural physical and educational development. We deliver support to those who need it most, operating 48 weeks of the year, with targeted, street based, centre based, and open access youth. 207 young people regularly attended weekly youth this year. We are so proud to have won Youth Provision of the Year 2023! We are: |
- Youth led |
- Collaborative |
- Safe |
- High quality |
- Inclusive |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
Thrive |
Trying new opportunities, becoming resilient and independent, learning new skills, gaining qualifications, volunteering, growing aspirations. |
We have 8 young people who attend our youth forum, with 5 of them holding key positions. These young people have also participated in the Merthyr Tydfil Boroughwide Youth forum meetings and have continued to be actively involved in GFG youth projects, such as the young voices initiative with South Wales police, environmental projects in the community and the planning of local community and fundraising events. |
2 of our Youth Forum members also attended the youth consultation on the use of Cyfarthfa Park @ the Rehouse and voiced their opinions on the matter. |
Youth meetings discuss upcoming projects and delivery such as planning the King's coronation party for the younger youth, art project ideas, sport and fitness idea, e.g. YOyththe Cardiff Football Stadium Tour Experience, trips/outings and residentials. |
11 young people attended the Academy of Success awards and represented the provision, receiving winner for Provision of the year and best innovative project of the year as well as runner up for Community Project of the year. |
15 have completed their Bronze Youth Achievement |
6 young people have accessed help with CV writing and job searches. |
1 young person is completing her Level 2 Food Hygiene and has been volunteering within the organisation helping support the afternoon tea sessions |
One young person has secured an office job. |
10 young people have carried out volunteering duties which have included volunteering/mentoring in our 8-10-year-old sessions, supporting staff to plan and deliver sessions, organise cinema nights as well as support weekly afternoon tea sessions - they are working towards their Silver youth achievement awards. |
We continue to support 7 young people with learning difficulties 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 |
Wellbeing |
Modelling healthy lifestyles, improving physical activity and nutrition, emotional and mental wellbeing |
We deliver street and center based workshops, discussing issues of concern to young people -mental health, employment, human trafficking, equality and diversity, budgeting, addictions including alcohol and gaming, healthy relationship workshops with SMT, drug awareness workshops with Barod, continued work with local PCSO's, body image and healthy lifestyles where we continue to incorporate healthy cooking/eating into our delivery. |
Weekly sports activities are delivered either indoors or outdoors in all three areas. Including football, rugby, rounders, walking group, dance sessions, obstacle courses and circuits. Indoor sports include virtual fitness, table tennis, pool, dodgeball and karate, boules, dodgeball, walks and games in the local park. The Fit & Fed programme also enabled us to focus on more sporting activities, while providing nutritional food/snacks for those involved. Our sports lending library is still available to members offering free sports and games equipment to young people aged 8+. |
15 young people took part in the Phoenix firefighting project a very physical and intense week of working with real fire service equipment, using specially adapted fire engines, climbing ladders, and taking part in staged rescue scenarios, all of which require a level of fitness and commitment. |
Create |
Exploring ideas and ways to express yourself through digital, fine and plastic arts, dance, music and drama. |
3 Trips to Cyfarthfa museum where our young people learnt about the industrial era from the amazing exhibition. Young people were able to explore the paintings with the tutor Chris Parry, historian, and also work on their own art piece. |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
11 young people got to experience the performance of Heathers at Cardiff Millenium Centre. An on-stage performance which dealt with issues faced by young people today. |
Wednesday wellbeing sessions continue to take place with activities including handmade items such as cushions, tote bags, scented stress bags, soap and candles. We also encourage work with various materials such as beads, resin, wood and recycled materials such as cardboard and plastics, e.g. the ceramic sessions with Erica Ceramics, a local tutor who has worked with our young people to make professional looking ceramic pieces and clock, making. We also held Graffiti workshops with a grafitti artist.The aim of the sessions is to provide a safe place to discuss issues around youth mental health and wellbeing and offers the opportunity to make something hands on while they are there. |
Adventures |
20 young people to Dolygear paddleboarding and raft building as well as gorge walking. |
A residential to Lundy Island enabled participants to spend 4 days walking and exploring the amazing island. This was a very intense outdoor experience where young people had to overcome personal challenges and increase their individual fitness. |
10 young people took part in a day visit at BBC Studio's in Cardiff, visiting one of the largest BBC newsrooms they got to experience the daily life of news broadcasting and learnt about the cutting-edge technology including augmented reality, virtual reality and robotic cameras, TV galleries and other broadcast facilities. This was a unique opportunity for them to see this as a job option in the future. |
Fit & Fed day at Aberavon beach where they swam in the ocean, played beach games, took part in surfing and also swam in the local pool. |
Myths & Legends creative writing at Cardiff Museum. A new creative project enabling our young people to learn about and explore local and national myths and legend. Our young people were involved in writing stories and given the opportunity to get as creative as possible working towards recording a podcast that will help others to become enthused by our history - bringing the past more closely into the now. It was a fun experience full of creating and capturing the stories of Wales with young people. |
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 Henry under 5s nutrition course, midwife drop.in, parenting courses and baby massage. All of these groups are well attended. |
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 three families from pre-school went on a caravan holiday to the sea side with their children for the first time. |
Little Inspirations Pre-school: |
From September 2023, Little Inspirations started delivering Flying Start provision from the nursery at the Wellbeing Centre. The group is independent from the GFG, and rents the nursery space, however we are developing a close working relationship. |
Participation, engagement and inclusion. |
In the last 12 months, 980 people have benefitted from our activities. |
An average of 550 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 750 people a week, people who are low incomes and or in poor health. |
Volunteering |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
We would not be able to deliver the services we do without the help of our amazing volunteers. Volunteers comes to us through referral or personal request - they are vital to the running of the organisation and they influence the culture of the group. They provide feedback and suggestions on how to run the pantry, how to engage people, and new ideas. The majority of our volunteers have complex lives, including chronic physical and mental health conditions, a history of abuse, or recent discharge from hospital or secure units. Their in-put is first hand and grounding. We have a volunteer driver who helps run the minibus pick ups, a Polish volunteer provides Food hygiene advice and support, another volunteer bakes cakes for the Afternoon Tea, many volunteers run the pantry. Our volunteer base is expanding; currently we have 20 regular volunteers. |
What we have learned |
Community members have complicated lives and all ages have experienced trauma. Ill health manifests in the mid-fifties when many people start to develop chronic health conditions. An holistic approach to community support continues to be highly effective. Community members feedback that they feel more comfortable engaging with specialist support in a community setting. We partner with a large number of agencies across all sectors to help make the connection between services and the people who most need them. The Warm space, pantry and financial support clinics have proved an exceptionally effective means of responding to people's needs and supporting them to make further connections with others. These interventions are also very empowering - community members are closely involved in delivering and running warm space activities and these will continue into the future. |
Activities with children and young people bring grandparents and parents together and create intergenerational events. |
Providing food brings people together and creates a welcoming atmosphere. |
Art and crafts activities appeal to all age groups and genders. |
Music is a unifier. |
People are more resilient when they have friends and community to share their concerns. |
We could not deliver our services without volunteers but volunteers require a lot of support. |
Fundraising activities |
All our fundraising is done in house by the Co-director. |
The Centre generates unrestricted income for the charity as we rent the space to new partners. This year we continue to invest in the building, for example, repairing access control, improving the Fire doors, installing signage and a new disabled parking bay, painting the building and increasing storage. |
FINANCIAL REVIEW |
Reserves policy |
We are working towards holding 12 months expenditure in reserve, which we anticipate to amount to £496,577 based on 2024 expenditure figures. |
At present, the charity has £205,026 (2023: £249,119) of unrestricted funds, however, as £23,851 is tied up in Fixed assets held, there remains £181,175 of unrestricted net assets, this is therefore not adequate to meet the current reserves policy of £496,577. |
Staffing levels - We employed 10 members of staff to the end of March 2024 (10 members of staff as at the 31st March 2023). |
FUTURE PLANS |
Our aim for next year is to consult widely with all stakeholders to reassess our direction and strategy. We will listen to community members to determine the key priorities for support, and where and how we can make the greatest impact. |
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 2024 |
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 2024 |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Independent Examiner |
Darren Bowden FCA |
James de Frias |
Chartered Accountants |
Llanover House |
Llanover Road |
Pontypridd |
Rhondda Cynon Taff |
CF37 4DY |
Bankers |
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 |
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 2024. |
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 |
9 October 2024 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Statement of Financial Activities |
for the Year Ended 31 March 2024 |
31.3.24 | 31.3.23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
Other trading activities | 3 |
Total |
EXPENDITURE ON |
Charitable activities | 4 |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
Other recognised gains/(losses) |
Gains/(losses) on revaluation of fixed assets | ( |
) |
Net movement in funds | ( |
) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 1,546,446 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION (REGISTERED NUMBER: 04681301) |
Statement of Financial Position |
31 March 2024 |
31.3.24 | 31.3.23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 10 |
CURRENT ASSETS |
Debtors | 11 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 12 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 13 |
Unrestricted funds | 249,119 |
Restricted funds | 1,297,327 |
TOTAL FUNDS | 1,546,446 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Statement of Cash Flows |
for the Year Ended 31 March 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ |
Cash flows from operating activities |
Cash generated from operations | 1 | (31,556 | ) | 59,349 |
Net cash (used in)/provided by operating activities | (31,556 | ) | 59,349 |
Cash flows from investing activities |
Purchase of tangible fixed assets | - | (46,710 | ) |
Sale of intangible fixed assets | - | (8,100 | ) |
Sale of tangible fixed assets | - | 8,100 |
Net cash provided by/(used in) investing activities | - | (46,710 | ) |
Change in cash and cash equivalents in the reporting period |
(31,556 |
) |
12,639 |
Cash and cash equivalents at the beginning of the reporting period |
490,968 |
478,329 |
Cash and cash equivalents at the end of the reporting period |
459,412 |
490,968 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Statement of Cash Flows |
for the Year Ended 31 March 2024 |
1. | RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
31.3.24 | 31.3.23 |
£ | £ |
Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) |
(87,817 |
) |
16,903 |
Adjustments for: |
Depreciation charges | 30,481 | 33,401 |
Loss on disposal of fixed assets | - | 8,100 |
Decrease/(increase) in debtors | 16,915 | (871 | ) |
Increase in creditors | 8,865 | 1,816 |
Net cash (used in)/provided by operations | (31,556 | ) | 59,349 |
2. | ANALYSIS OF CHANGES IN NET FUNDS |
At 1.4.23 | Cash flow | At 31.3.24 |
£ | £ | £ |
Net cash |
Cash at bank | 490,968 | (31,556 | ) | 459,412 |
490,968 | (31,556 | ) | 459,412 |
Total | 490,968 | (31,556 | ) | 459,412 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Financial Statements |
for the Year Ended 31 March 2024 |
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 | - |
Plant and machinery | - |
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 2024 |
2. | DONATIONS AND LEGACIES |
31.3.24 | 31.3.23 |
£ | £ |
Donations |
Grants |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
2. | DONATIONS AND LEGACIES - continued |
Grants received, included in the above, are as follows: |
31.3.24 | 31.3.23 |
£ | £ |
Aldi |
Emergency Winter Food Bank Fund |
- |
1,000 |
Feeding Britain | Community Food Fund | 1,800 | 3,500 |
Future Valleys Construction Merthyr | Communities Initiative Funding | - | 900 |
Merthyr Tydfil CBC | Youth Services | 80,574 | 78,994 |
Merthyr Valley Homes | Wellbeing | 20,000 | 20,000 |
Merthyr Valley Homes | 10,000 | - |
The Moondance Foundation | Cost of Living Crisis Fund | 6,000 | 12,750 |
Ffos Y Fran | Large Grants Scheme | - | 23,200 |
The Access Foundation | 5,300 | - |
South Wales Police Youth Trust Fund | 6,000 | - |
Voluntary Action Merthyr Tydfil | Wellbeing for Staff | - | - |
Postcode Community Trust | 25,000 | 25,000 |
BBC Children in Need | (Mc Donalds) | 2,500 | - |
RDP | - | - |
The National Lottery Community Fund | Awards for all | - | - |
Voluntary Action Merthyr Tydfil |
Integrating Care Fund for Dementia |
- |
15,000 |
Voluntary Action Merthyr Tydfil | Loneliness and Isolation | 700 | 1,401 |
Voluntary Action Merthyr Tydfil | Feeding Britain | - | 1,428 |
Voluntary Action Merthyr Tydfil | Youth Led Grant | 1,020 | - |
Voluntary Action Merthyr Tydfil | Food Partnership Grant | 11,000 | - |
Merthyr Tydfil Housing Assoc | Fit and Fed | 3,397 | 3,307 |
Merthyr Tydfil County Borough Council | Food Poverty Grant | 5,000 | - |
Merthyr Tydfil County Borough Council |
Food Poverty Grant (extra Revenue) |
5,148 |
- |
Merthyr Tydfil County Borough Council | Food Poverty Capital | 9,730 |
Merthyr Tydfil County Borough Council | Food Poverty Capital (Extra) | 9,665 |
Merthyr Tydfil County Borough Council |
Community Focused Schools - Community provision play festival funding 2024 |
1,500 |
- |
Merthyr Tydfil County Borough Council | Multiply | 8,500 | - |
Merthyr Tydfil County Borough Council |
UK SPF Social Economy Capital Grant |
9,754 |
- |
Merthyr Tydfil County Borough Council | Revenue Food Poverty Grant | - | - |
Merthyr Tydfil County Borough Council | SETS Capital Grant | - | - |
Merthyr Tydfil County Borough Council | Youth Winter Wellbeing | - | - |
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 | 2,193 | 1,800 |
Merthyr Tydfil County Borough Council | Cost of Living Crisis Support | - | 5,818 |
Merthyr Tydfil County Borough Council |
School Holiday Play Provision 2023 |
3,500 |
3,000 |
Merthyr Valley Homes | Food Prosperity Fund | - | 3,000 |
Principality Building Society's | Future generation Fund | 10,000 | - |
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 |
Edward Gostling Foundation | - | 10,000 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
2. | DONATIONS AND LEGACIES - continued |
BBC Children in Need | Cost of Living Support | - | 500 |
Garfield Weston Foundation | - | 25,000 |
Lloyds Bank Foundation | Cost of living uplift | - | 2,250 |
T K Maxx | 500 | - |
Valleys Kids | Regional Integrated Fund | 26,500 | - |
Valleys Kids |
Regional Integrated Fund (Extra funding) |
9,220 |
- |
Valleys Kids | Youth Residential | 500 | - |
WCVA Volunteering Wales | Main Grant Scheme | 25,000 | - |
Community Foundation Wales | Cost of Living Fund | 15,000 | - |
Welsh Government | Household Support Grant | - | 3,903 |
Coalfields Regeneration Trust | Community Grants | 1,742 | - |
Youth Cymru | Inspire Grant | 800 | - |
317,543 | 388,143 |
3. | OTHER TRADING ACTIVITIES |
31.3.24 | 31.3.23 |
£ | £ |
Other income |
4. | CHARITABLE ACTIVITIES COSTS |
Support |
Direct | costs (see |
Costs | note 5) | Totals |
£ | £ | £ |
General | 488,908 | 7,669 | 496,577 |
5. | SUPPORT COSTS |
Governance |
Finance | costs | Totals |
£ | £ | £ |
General | 503 | 7,166 | 7,669 |
6. | NET INCOME/(EXPENDITURE) |
31.3.24 | 31.3.23 |
£ | £ |
Depreciation - owned assets | 30,481 | 33,401 |
7. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
8. | STAFF COSTS |
31.3.24 | 31.3.23 |
£ | £ |
Gross Wages | 230,676 | 219,176 |
Social Security | 20,415 | 18,822 |
251,091 | 237,998 |
The average monthly number of employees during the year was 10 (2023: 15). |
No employees received emoluments in excess of £60,000. |
9. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities |
Total |
EXPENDITURE ON |
Charitable activities |
NET INCOME/(EXPENDITURE) | ( |
) |
Other recognised gains/(losses) |
Gains/(losses) on revaluation of fixed assets | ( |
) | ( |
) |
Net movement in funds | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 264,889 | 3,480,563 |
TOTAL FUNDS CARRIED FORWARD | 249,119 | 1,297,327 | 1,546,446 |
10. | TANGIBLE FIXED ASSETS |
Freehold | Plant and |
property | machinery | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 April 2023 and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
10. | TANGIBLE FIXED ASSETS - continued |
Cost or valuation at 31 March 2024 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: |
31.3.24 | 31.3.23 |
£ | £ |
Cost | 3,255,427 | 3,255,427 |
Aggregate depreciation | 67,518 | 67,518 |
Freehold Property was valued on an open market basis on 11 July 2023 by Apex Surveyors Limited . |
11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Trade debtors |
12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Trade creditors |
Accrued expenses |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
13. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.4.23 | in funds | 31.3.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 249,119 | (44,093 | ) | 205,026 |
Restricted funds |
The National Lottery Community Fund | 95,299 | (95,299 | ) | - |
Wellbeing Centre | 1,165,859 | (19,300 | ) | 1,146,559 |
BBC Children in Need | 24,400 | (24,400 | ) | - |
Community Foundation Wales | - | 10,476 | 10,476 |
The Moondance Foundation | - | 4,940 | 4,940 |
Postcode Community Trust | - | 25,000 | 25,000 |
MTCBC Capital food poverty | 1,250 | 10,472 | 11,722 |
The Julia & Hans Rausing Trust | 10,519 | (10,519 | ) | - |
South Wales Police | - | 6,000 | 6,000 |
The Access Foundation | - | 5,300 | 5,300 |
Valleys Kids | - | 500 | 500 |
WCVA Volunteering Wales | - | 25,000 | 25,000 |
Coalfields Regeneration Trust Community Grants Wales |
- |
1,742 |
1,742 |
MTCBC Multiply | - | 7,000 | 7,000 |
VAMT Food Partnership Grant | - | 9,364 | 9,364 |
(43,724 | ) |
TOTAL FUNDS | (87,817 | ) | 1,458,629 |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
13. | 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 | 124,216 | (168,309 | ) | (44,093 | ) |
Restricted funds |
The National Lottery Community Fund | - | (95,299 | ) | (95,299 | ) |
Youth | 800 | (800 | ) | - |
Wellbeing Centre | - | (19,300 | ) | (19,300 | ) |
BBC Children in Need | - | (24,400 | ) | (24,400 | ) |
Community Foundation Wales | 15,000 | (4,524 | ) | 10,476 |
The Moondance Foundation | 6,001 | (1,061 | ) | 4,940 |
MTCBC Youth |
84,074 | (84,074 | ) | - |
Merthyr Tydfil Housing Association - Fit and Fed Grant |
3,397 |
(3,397 |
) |
- |
Postcode Community Trust | 25,000 | - | 25,000 |
MTCBC Capital food poverty | 39,297 | (28,825 | ) | 10,472 |
Feeding Britain | 1,800 | (1,800 | ) | - |
MTCBC Equality & Diversity Project | 2,193 | (2,193 | ) | - |
The Julia & Hans Rausing Trust | - | (10,519 | ) | (10,519 | ) |
MTCBC Community Focused Schools | 1,500 | (1,500 | ) | - |
Principality Building Society | 10,000 | (10,000 | ) | - |
South Wales Police | 6,000 | - | 6,000 |
The Access Foundation | 5,300 | - | 5,300 |
Valleys Kids | 36,220 | (35,720 | ) | 500 |
WCVA Volunteering Wales | 25,000 | - | 25,000 |
Coalfields Regeneration Trust Community Grants Wales |
1,742 |
- |
1,742 |
MTCBC Multiply | 8,500 | (1,500 | ) | 7,000 |
VAMT Food Partnership Grant | 11,000 | (1,636 | ) | 9,364 |
VAMT Loneliness and Isolation | 700 | (700 | ) | - |
VAMT Youth Led Grant | 1,020 | (1,020 | ) | - |
( |
) | (43,724 | ) |
TOTAL FUNDS | ( |
) | (87,817 | ) |
GELLIDEG FOUNDATION COMMUNITY |
ASSOCIATION |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
13. | MOVEMENT IN FUNDS - continued |
Comparatives for 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 2024 |
13. | MOVEMENT IN FUNDS - continued |
Comparative 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 | ) |
The 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 | ) |
14. | RELATED PARTY DISCLOSURES |