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REGISTERED COMPANY NUMBER: 05334541 (England and Wales)
REGISTERED CHARITY NUMBER: 1125169










Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Abergele Community Action Ltd

Abergele Community Action Ltd






Contents of the Financial Statements
for the year ended 31 January 2025




Page

Report of the Trustees 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Balance Sheet 7

Notes to the Financial Statements 8 to 16

Abergele Community Action Ltd (Registered number: 05334541)

Report of the Trustees
for the year ended 31 January 2025


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Overview
In 2001, Abergele Youth Action was established to address the needs of our local community. Although much has changed, our core commitment remains steadfast: we work with the local community to deliver life-changing, sustainable projects that bring about real change, not only in individual lives but also the community.

As we continue to adapt to the needs of our community, it has become clear that a refreshed mission and vision are necessary to ensure that we remain relevant and effective. Our new vision and mission reflect our dedication to providing a holistic and inclusive support system through a one space for support and one door approach in an environment that builds resilience and restores hope. This approach ensures that all community members have access to the resources and assistance they need in a welcoming and accessible environment.

Mission, Vision and Values
Our mission is to provide accessible resources, inclusive programs, and compassionate support services that empower individuals in our community. Through collaboration, education, and active engagement, we aim to foster personal growth, strengthen resilience, and build a network of support that ensures every member feels safe, valued and empowered to thrive.

Our vision is to create safe spaces for our community, fostering support and empowerment with a commitment to growth, hope, resilience and community strength.

Our values are the fundamental driving principles that encapsulate the passion and motivation for our work. Compassion, community, dignity and justice are at the heart of everything we do, and these core values will remain the same.

We have therefore developed a Five Year Strategic Plan:

Strategic Plan #1: The Hive - Community space

Objective: To provide a vibrant and inclusive warm community space called 'The Hive'. Offering accessible resources, including access to the Trussell Foodbank, community shop, workshops, and support services that cater to diverse needs, fostering a sense of belonging and empowering individuals to build connections, resilience, and personal growth.

Strategic Plan #2: Youth inclusion

Objective: To continue delivering a youth inclusion service with young people. We will empower those aged 10 to 25 who are at risk of social, economic, educational, or digital exclusion by providing opportunities to build skills, confidence, and resilience for a successful life. Under our rebranded identity, Abergele Youth Den, we will offer a safe and supportive space for personal and community project while embedding the five steps to wellbeing and evidence-based approaches to tackling youth anxiety and depression to enable the young people to thrive.

Strategic Plan #3: Financial inclusion services

Objective: To continue to deliver and develop our financial inclusion services, including debt advice, money mentoring, income maximisation, and benefit advice.

Strategic Plan #4: Connecting with the community

Objective: To strengthen connections with the community by increasing engagement and community capacity through outreach, partnerships, and events. This will include collaborating with local organisations and expanding our presence in the community and on social media to build trust, gather feedback, and foster meaningful relationships with diverse community members.

Organisational Structure
The projects will be overseen by a Strategic Operations Officer and a Strategic Finance and Funding Officer. A Hive Coordinator and Manager will oversee the activities in the Hive including managing the foodbank, the community shop and referral partner agencies. The Financial Inclusion Project will be overseen by 3 part time specialist Debt Advisers. The Youth Inclusion project, known as Abergele Youth Den, will be managed and delivered by two full time qualified senior youth workers, assisted by qualified part time youth workers. Volunteers will be integral to our organisation.


Abergele Community Action Ltd (Registered number: 05334541)

Report of the Trustees
for the year ended 31 January 2025

ACHIEVEMENT AND PERFORMANCE
Charitable activities
OUTCOMES

#1 The Hive

Outcomes:

Those people living in poverty and at risk of poor nutrition, especially children, will have improved physical, emotional and mental health.

Those people experiencing food poverty will be supported and enabled to live independently without the need for food parcels.

People will have their dignity restored.

People will feel supported, appreciated and accepted.

People will have an improved sense of well-being and quality of life.

#2 Youth Inclusion - Abergele Youth Den

Outcomes:

Young people at risk of social and educational exclusion are engaged in a safe environment where they feel supported, valued and accepted.

Young people have an increased sense of achievement, increased self-confidence, better communication skills and enhanced IT skills opening new opportunities for further training and/or employment.

Young people develop aspirations and a sense of achievement.

Young people are listened to and develop a voice where they can influence local activities.

Young people can volunteer on community projects.

Young people will return to education, employment or training and be enabled to thrive.

#3 Financial Inclusion

Outcomes:

People at risk of financial exclusion will be able to better manage their resources and maximise their income.

Debts will be repaid, and financial stability achieved; whilst the whole process will also include developing good money management skills.

People will be helped to tackle the underlying causes of money problems, and in the long term they will be more secure and will live more financially sustainable lives without the need for food parcels, restoring their dignity and self-esteem whilst building personal resilience.

This service will help alleviate poverty and promote inclusion and equality through advice, assistance and advocacy enabling people to be more prosperous and to enjoy a better quality of life.

People at risk of social and financial exclusion will feel less isolated because they receive practical advice and support.

#4 Connecting Communities and Building Capacity

Outcomes:

Relationships in the community are strengthened resulting in a strong, cohesive and sustainable community where people share a common vision, and where peoples' differences are appreciated and accepted.

People are encouraged and empowered to make differences in their community.

People develop a sense of belonging and responsibility for the community.


Abergele Community Action Ltd (Registered number: 05334541)

Report of the Trustees
for the year ended 31 January 2025

The community is prosperous and vibrant with improvements to peoples' quality of life.

People's physical and mental health is supported and improved and they being to thrive.

People develop new or improve existing skills with ongoing support and mentoring for people entering training and/or employment.

There is a reduction in unemployment in the community and household incomes increase, improving the health and educational outcomes of families living in poverty.

FINANCIAL REVIEW
Investment policy and objectives
Financial projections are prepared and regularly reviewed by the trustees taking account of all income and expenditure. These are used to secure revenue and capital funding.

Reserves Policy
The trustees have reviewed and adopted a policy for holding reserves, having given due consideration to the operational profile of the charity the board feel that it is appropriate to hold reserves that as a minimum would cover the costs of winding up the organisation should the organisation have to close. The trustees feel that in practical terms this would represent holding a reserve equivalent to 6 months' core operational expenditure. On the basis that reserves fall below this threshold, the trustees will aim to restore the reserves to a minimum level within the next year by increasing fund raising, increasing earned income and/or reducing expenditure.

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.

Memorandum and Articles of Association incorporated 17 January 2005 as amended by special resolution 19 May 2008 and by special resolution on 10th November 2014.

Abergele Community Action became a charity from the 24th July 2008.

Recruitment and Appointment of New Trustees
Trustees are recruited from members of the community from all walks of life expressing an interest, nominated and appointed by majority vote of existing trustees.

Organisational structure
The chair person, vice chair and secretary are elected at the AGM. Volunteers and staff are responsible to the trustees.

Induction and training of new trustees
Roles and responsibilities of new trustees are explained by the company secretary, and they are encouraged to undertake training when available.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05334541 (England and Wales)

Registered Charity number
1125169

Registered office
Platform 2 Abergele and Pensarn Station
Station Approach
Abergele
Pensarn
Conwy
LL227PQ

Trustees
Mr R P Tavernor
Mr C M McCoubrey
Mr G W Frost (resigned 9/7/24)
Mr A Hunter
Ms T A Brennan
Mrs P Heap-Williams
Ms A M Woolley (appointed 9/7/24)

Abergele Community Action Ltd (Registered number: 05334541)

Report of the Trustees
for the year ended 31 January 2025


REFERENCE AND ADMINISTRATIVE DETAILS
Company Secretary
Mrs L J Tavernor

Independent Examiner
Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

Approved by order of the board of trustees on 27 May 2025 and signed on its behalf by:





Ms T A Brennan - Trustee

Independent Examiner's Report to the Trustees of
Abergele Community Action Ltd

Independent examiner's report to the trustees of Abergele Community Action Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2025.

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.








Aled Roberts BA (Hons) FCA
The Institute of Chartered Accountants in England and Wales

Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

Date: .............................................

Abergele Community Action Ltd

Statement of Financial Activities
for the year ended 31 January 2025

2025 2024
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 30,358 808 31,166 95,264

Charitable activities
Foodbank 14,878 1,000 15,878 61,754
Gwynt Y Mor - 11,668 11,668 23,999
Community Money Advice - - - 55,657
Youth Shed 29,031 46,843 75,874 48,830
CCBC - Food Poverty grant 8,500 4,215 12,715 -
Pathfinder
2,744 103,179 105,923 54,675
UKSPF - - - 54,187
Co-op community fund 1,524 - 1,524 1,012

Other trading activities 3 9,960 - 9,960 -
Investment income 4 3,480 - 3,480 2,470
Total 100,475 167,713 268,188 397,848

EXPENDITURE ON
Charitable activities
Premises expenses 14,796 336 15,132 -
Office expenses 50,967 243,139 294,106 256,014
Finance cost 99 - 99 -
Activity 19,886 11,582 31,468 -
Foodbank 15,318 19,446 34,764 49,206
Depreciation 3,449 11,899 15,348 20,453
Community Money Advice - - - 9,220
Youth Shed (210 ) - (210 ) 23,846
Pathfinder
- - - 988
UKSPF - - - 1,193
Total 104,305 286,402 390,707 360,920

NET INCOME/(EXPENDITURE) (3,830 ) (118,689 ) (122,519 ) 36,928
Transfers between funds 12 (2,717 ) 2,717 - -
Net movement in funds (6,547 ) (115,972 ) (122,519 ) 36,928

RECONCILIATION OF FUNDS
Total funds brought forward 46,683 149,464 196,147 159,219

TOTAL FUNDS CARRIED FORWARD 40,136 33,492 73,628 196,147

Abergele Community Action Ltd (Registered number: 05334541)

Balance Sheet
31 January 2025

2025 2024
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 9 7,776 13,160 20,936 31,388

CURRENT ASSETS
Debtors 10 7,449 2,319 9,768 8,266
Cash at bank 40,997 71,310 112,307 199,324
48,446 73,629 122,075 207,590

CREDITORS
Amounts falling due within one year 11 (16,083 ) (53,300 ) (69,383 ) (42,831 )

NET CURRENT ASSETS 32,363 20,329 52,692 164,759

TOTAL ASSETS LESS CURRENT LIABILITIES 40,139 33,489 73,628 196,147

NET ASSETS 40,139 33,489 73,628 196,147
FUNDS 12
Unrestricted funds 40,139 46,683
Restricted funds 33,489 149,464
TOTAL FUNDS 73,628 196,147

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 27 May 2025 and were signed on its behalf by:





Ms T A Brennan - Trustee

Abergele Community Action Ltd

Notes to the Financial Statements
for the year ended 31 January 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Improvements to property - straight line over the life of the lease
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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


Abergele Community Action Ltd

Notes to the Financial Statements - continued
for the year ended 31 January 2025

2. DONATIONS AND LEGACIES

Grants

Unrestricted Restricted Total
Trussel Trust 8,916.18 74,560.34 83,476.52
TT Tesco top up 2,333.90 - 2,333.90
GYM/Rhyl Flats Foodbank operations - 20,002.00 20,002.00
Abergele Town Council 500.00 - 500.00
Groundwork Tesco blue tokens - 2,000.00 2,000.00
Co-op Community Fund 1,524.18 - 1,524.18
Albert Gubay Foundation - 39,000.00 39,000.00
UK Youth Thriving Minds 33,000.00 - 33,000.00
BBC Children in Need - 15,000.00 15,000.00
Asda Foundation 1,400.00 - 1,400.00
Community Foundation Wales Nourish the Nation 10,000.00 - 10,000.00
Trussell Fundraiser Grant 261.93 22,500.00 22,761.93
CCBC Direct Food Support 8,500.00 - 8,500.00

CCBC Community Led Local Development Grant - 4,215.00 4,125.00
CCBC Cost of Living Grant 1,144.40 - 1,144.40
Duke of Edinburgh Grant - 6,970.80 6,970.80

Total 67,580.59 184,248.14 251,828.73

3. OTHER TRADING ACTIVITIES
2025 2024
£    £   
Catering income 180 -
Community Shop takings 9,780 -
9,960 -

4. INVESTMENT INCOME
2025 2024
£    £   
Interest receivable - trading 3,480 2,470

5. NET INCOME/(EXPENDITURE)

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

2025 2024
£    £   
Auditors' remuneration for non audit work 3,989 3,845
Depreciation - owned assets 15,348 20,452

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2025 nor for the year ended 31 January 2024.



Abergele Community Action Ltd

Notes to the Financial Statements - continued
for the year ended 31 January 2025

7. STAFF COSTS

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

2025 2024
Activities relating to Food Bank 6 6
Relating to charitable activities 8 5
14 11

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

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 30,044 65,220 95,264

Charitable activities
Foodbank 8,245 53,509 61,754
Gwynt Y Mor 4,000 19,999 23,999
Community Money Advice 6,496 49,161 55,657
Youth Shed 23,557 25,273 48,830
Pathfinder

11,131 43,544 54,675
UKSPF - 54,187 54,187
Co-op community fund 1,012 - 1,012

Investment income 2,470 - 2,470
Total 86,955 310,893 397,848

EXPENDITURE ON
Charitable activities
Office expenses 54,199 201,815 256,014
Foodbank 13,613 35,593 49,206
Depreciation 4,983 15,470 20,453
Community Money Advice - 9,220 9,220
Youth Shed - 23,846 23,846
Pathfinder

- 988 988
UKSPF - 1,193 1,193
Total 72,795 288,125 360,920

NET INCOME 14,160 22,768 36,928
Transfers between funds (12,591 ) 12,591 -
Net movement in funds 1,569 35,359 36,928

RECONCILIATION OF FUNDS
Total funds brought forward 45,116 114,103 159,219

TOTAL FUNDS CARRIED FORWARD 46,685 149,462 196,147


Abergele Community Action Ltd

Notes to the Financial Statements - continued
for the year ended 31 January 2025

9. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 February 2024 140,369 30,180 28,229 198,778
Additions - 3,415 1,481 4,896
At 31 January 2025 140,369 33,595 29,710 203,674
DEPRECIATION
At 1 February 2024 131,305 16,276 19,809 167,390
Charge for year 7,770 4,301 3,277 15,348
At 31 January 2025 139,075 20,577 23,086 182,738
NET BOOK VALUE
At 31 January 2025 1,294 13,018 6,624 20,936
At 31 January 2024 9,064 13,904 8,420 31,388

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 450 360
Prepayments 9,318 7,906
9,768 8,266

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 1,229
Social security and other taxes 5,415 6,305
Other creditors 2,500 2,500
Deferred income 58,915 30,669
Accrued expenses 2,553 2,128
69,383 42,831


Abergele Community Action Ltd

Notes to the Financial Statements - continued
for the year ended 31 January 2025

12. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1/2/24 in funds funds 31/1/25
£    £    £    £   
Unrestricted funds
General fund 17,726 (15,276 ) 7,942 10,392
Foodbank donations 6,418 20,534 (10,659 ) 16,293
Abergele District Food Bank 6,507 - - 6,507
UK Youth Fund 16,032 (9,085 ) - 6,947
46,683 (3,827 ) (2,717 ) 40,139
Restricted funds
Welsh Goverment 8,895 (7,630 ) - 1,265
The Millennuim Staduim Charitable Trust



115


(29


)


-


86
Awards for all 125 (41 ) - 84
Abergele District Food Bank 20,027 (20,027 ) - -
Community Money Advice 2,398 (2,398 ) 2,717 2,717
Youth Shed 21,778 (21,778 ) - -
Principality Fund Trial and Learn 3,223 (415 ) - 2,808
Comic Relief Community Fund 7,339 (630 ) - 6,709
Pathfinder 34,152 (34,152 ) - -
UKSPF 51,412 (31,592 ) - 19,820
149,464 (118,692 ) 2,717 33,489
TOTAL FUNDS 196,147 (122,519 ) - 73,628

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 18,562 (33,838 ) (15,276 )
Foodbank donations 49,640 (29,106 ) 20,534
UK Youth Fund 29,529 (38,614 ) (9,085 )
Pathfinder (unrestricted) 2,744 (2,744 ) -
100,475 (104,302 ) (3,827 )
Restricted funds
Welsh Goverment (1 ) (7,629 ) (7,630 )
The Millennuim Staduim Charitable Trust



(1


)


(28


)


(29


)
Awards for all - (41 ) (41 )
Abergele District Food Bank 16,884 (36,911 ) (20,027 )
Community Money Advice 70 (2,468 ) (2,398 )
Youth Shed 46,845 (68,623 ) (21,778 )
Principality Fund Trial and Learn 1 (416 ) (415 )
Comic Relief Community Fund - (630 ) (630 )
Pathfinder 103,914 (138,066 ) (34,152 )
UKSPF 1 (31,593 ) (31,592 )
167,713 (286,405 ) (118,692 )
TOTAL FUNDS 268,188 (390,707 ) (122,519 )


Abergele Community Action Ltd

Notes to the Financial Statements - continued
for the year ended 31 January 2025

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1/2/23 in funds funds 31/1/24
£    £    £    £   
Unrestricted funds
General fund 21,676 8,641 (12,591 ) 17,726
Foodbank donations 7,041 (623 ) - 6,418
Abergele District Food Bank 6,507 - - 6,507
UK Youth Fund 9,892 6,140 - 16,032
45,116 14,158 (12,591 ) 46,683
Restricted funds
Conwy Vol Serv 417 (417 ) - -
Welsh Goverment 20,042 (11,147 ) - 8,895
The Millennuim Staduim Charitable Trust



153


(38


)


-


115
Awards for all 186 (61 ) - 125
Abergele District Food Bank 17,562 2,465 - 20,027
Community Money Advice 7,229 (17,422 ) 12,591 2,398
Youth Shed 32,986 (11,208 ) - 21,778
Principality Fund Trial and Learn 927 2,296 - 3,223
Comic Relief Community Fund 2,487 4,852 - 7,339
Pathfinder 32,114 2,038 - 34,152
UKSPF - 51,412 - 51,412
114,103 22,770 12,591 149,464
TOTAL FUNDS 159,219 36,928 - 196,147

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 48,911 (40,270 ) 8,641
Foodbank donations 13,941 (14,564 ) (623 )
UK Youth Fund 24,101 (17,961 ) 6,140
86,953 (72,795 ) 14,158
Restricted funds
Conwy Vol Serv - (417 ) (417 )
Welsh Goverment - (11,147 ) (11,147 )
The Millennuim Staduim Charitable Trust



-


(38


)


(38


)
Awards for all - (61 ) (61 )
Abergele District Food Bank 67,670 (65,205 ) 2,465
Community Money Advice 49,390 (66,812 ) (17,422 )
Youth Shed 85,356 (96,564 ) (11,208 )
Principality Fund Trial and Learn 2,916 (620 ) 2,296
Comic Relief Community Fund 5,793 (941 ) 4,852
Pathfinder 45,582 (43,544 ) 2,038
UKSPF 54,188 (2,776 ) 51,412
310,895 (288,125 ) 22,770
TOTAL FUNDS 397,848 (360,920 ) 36,928

Abergele Community Action Ltd

Notes to the Financial Statements - continued
for the year ended 31 January 2025

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1/2/23 in funds funds 31/1/25
£    £    £    £   
Unrestricted funds
General fund 21,676 (6,635 ) (4,649 ) 10,392
Foodbank donations 7,041 19,911 (10,659 ) 16,293
Abergele District Food Bank 6,507 - - 6,507
UK Youth Fund 9,892 (2,945 ) - 6,947
45,116 10,331 (15,308 ) 40,139
Restricted funds
Conwy Vol Serv 417 (417 ) - -
Welsh Goverment 20,042 (18,777 ) - 1,265
The Millennuim Staduim Charitable Trust



153


(67


)


-


86
Awards for all 186 (102 ) - 84
Abergele District Food Bank 17,562 (17,562 ) - -
Community Money Advice 7,229 (19,820 ) 15,308 2,717
Youth Shed 32,986 (32,986 ) - -
Principality Fund Trial and Learn 927 1,881 - 2,808
Comic Relief Community Fund 2,487 4,222 - 6,709
Pathfinder 32,114 (32,114 ) - -
UKSPF - 19,820 - 19,820
114,103 (95,922 ) 15,308 33,489
TOTAL FUNDS 159,219 (85,591 ) - 73,628

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 67,473 (74,108 ) (6,635 )
Foodbank donations 63,581 (43,670 ) 19,911
UK Youth Fund 53,630 (56,575 ) (2,945 )
Pathfinder (unrestricted) 2,744 (2,744 ) -
187,428 (177,097 ) 10,331
Restricted funds
Conwy Vol Serv - (417 ) (417 )
Welsh Goverment (1 ) (18,776 ) (18,777 )
The Millennuim Staduim Charitable Trust



(1


)


(66


)


(67


)
Awards for all - (102 ) (102 )
Abergele District Food Bank 84,554 (102,116 ) (17,562 )
Community Money Advice 49,460 (69,280 ) (19,820 )
Youth Shed 132,201 (165,187 ) (32,986 )
Principality Fund Trial and Learn 2,917 (1,036 ) 1,881
Comic Relief Community Fund 5,793 (1,571 ) 4,222
Pathfinder 149,496 (181,610 ) (32,114 )
UKSPF 54,189 (34,369 ) 19,820
478,608 (574,530 ) (95,922 )
TOTAL FUNDS 666,036 (751,627 ) (85,591 )

Abergele Community Action Ltd

Notes to the Financial Statements - continued
for the year ended 31 January 2025

12. MOVEMENT IN FUNDS - continued

Unrestricted Funds

Tesco - Foodbank donations

The grants from Tesco are made regularly and represent a percentage of the value of donations of food made in the store to the Foodbank.

Co-op Community Fund

The grants from the Co-op are made regularly and represent a percentage of the value of the Co-op community fund which derives from the Co-op members.

Asda Foundation.

Various amounts were received during the year to support the running of the foodbank.

Abergele Town Council

An amount was received during the year to support the Youth Shed community garden project.

Restricted Funds

CCBC Youth Service

This grant was awarded to support activity days out to improve the mental health and wellbeing for young people.

Albert Gubay

This grant was awarded in March 2022 for three years to fund the salary costs of workers to manage and develop the Foodbank.

Gwynt Y Mor and Rhyl Flats

This grant was awarded in July 2022 for 3 years, paid annually to cover the employment costs of Foodbank Co-ordinators.

The Trussel Trust

Various grants, including Financial Inclusion grants, were received during the year to support the employment costs of Abergele Foodbank as well as winter pressures such as additional food items or energy bills.

UK Youth Thriving Minds

This grant was awarded in May 2022 for three years to assist with employment costs of mental health workers to improve mental health support for young people.

Youthshed Project

Various grants were received during the year to fund the Youth Shed project. This consisted of grants from BBC Children In Need, NLCF, Comic Relief Community Fund, PACT Youth, Arnold Clark and Duke of Edinburgh.

Community Foundation Wales

This grant was awarded in Sept 2022 to cover employment costs towards youth workers and new laptops for young people to prepare them for further education, training or employment.


Abergele Community Action Ltd

Notes to the Financial Statements - continued
for the year ended 31 January 2025

13. CAPITAL COMMITMENTS

As at 31st January 2025, Abergele Community Action Limited did not have any capital commitments (2024: Nil)

14. OTHER FINANCIAL COMMITMENTS

As at 31st January 2025, Abergele Community Action Limited have no financial commitment.

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2025.

16. LEGAL STATUS OF THE CHARITY

Abergele Community Action operates as registered company limited by guarantee.