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 2026

for

Abergele Community Action Ltd

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

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 2026. 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, we ensure that we remain relevant and effective. Our 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.

Our Five Year Strategic Plan 2025-30:

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.

ACHIEVEMENTS 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.

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 A Hunter

Ms T A Brennan (resigned 30/1/26)

Mrs P Heap-Williams (resigned 14/10/25)

Ms A M Woolley

Mr D O Davies (appointed 23/7/25)

Mr M G A Jones (appointed 14/10/25)

Dr M Baker (appointed 14/10/25) (resigned 10/3/26)

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 15 July 2026 and signed on its behalf by:

Mr C M McCoubrey - Trustee

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 2026.

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

18 August 2026

2026

2025

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

62,237

90,516

152,753

31,166

Charitable activities

Conwy voluntary service

-

1,333

1,333

-

Welsh Government

-

16,250

16,250

-

Foodbank

-

-

-

15,878

Steve Morgan Foundation

-

13,889

13,889

-

Gwynt Y Mor

-

33,126

33,126

11,668

Albert Gubay

-

11,111

11,111

-

Youth Den

4,469

15,128

19,597

75,874

The National Lottery Community Fund

-

19,439

19,439

-

CCBC

-

1,000

1,000

12,715

Pathfinder

6,434

24,550

30,984

105,923

UKSPF

-

24,987

24,987

-

Co-op community fund

-

-

-

1,524

Other trading activities

3

18,874

-

18,874

9,960

Investment income

4

2,077

-

2,077

3,480

Total

94,091

251,329

345,420

268,188

EXPENDITURE ON

Charitable activities

Premises expenses

12,704

599

13,303

15,132

Office expenses

14,955

264,730

279,685

294,106

Finance cost

105

-

105

99

Activity

8,744

10,725

19,469

31,468

Foodbank

786

26,482

27,268

34,764

Depreciation

3,430

4,466

7,896

15,348

Youth Den

-

-

-

(210

)

Total

40,724

307,002

347,726

390,707

NET INCOME/(EXPENDITURE)

53,367

(55,673

)

(2,306

)

(122,519

)

Transfers between funds

12

(77,402

)

77,402

-

-

Net movement in funds

(24,035

)

21,729

(2,306

)

(122,519

)

RECONCILIATION OF FUNDS

Total funds brought forward

40,139

33,489

73,628

196,147

TOTAL FUNDS CARRIED FORWARD

16,104

55,218

71,322

73,628

2026

2025

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

9

13,686

10,105

23,791

20,936

CURRENT ASSETS

Debtors

10

3,889

1,250

5,139

9,768

Cash at bank

64,921

133,828

198,749

112,307

68,810

135,078

203,888

122,075

CREDITORS

Amounts falling due within one year

11

(66,392

)

(89,965

)

(156,357

)

(69,383

)

NET CURRENT ASSETS

2,418

45,113

47,531

52,692

TOTAL ASSETS LESS CURRENT LIABILITIES

16,104

55,218

71,322

73,628

NET ASSETS

16,104

55,218

71,322

73,628

FUNDS

12

Unrestricted funds

16,104

40,139

Restricted funds

55,218

33,489

TOTAL FUNDS

71,322

73,628

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 15 July 2026 and were signed on its behalf by:

Mr C M McCoubrey - Trustee

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 when the charity has entitlement to funds, receipt is probable and the amount can be measured reliably. Where grants are subject to conditions relating to specified funding periods or the delivery of particular activities, income is recognised as those conditions are met. Amounts received in advance to future periods are included within deferred income.

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.

2.	DONATIONS AND LEGACIES

Grants received during the year

Unrestricted

Restricted

Total

£

£

£

Trussel Trust

2,109.77

15,010.34

17,120.11

TT Tesco & Asda top up

-

2,442.39

2,442.39

GYM/Rhyl Flats Foodbank operations

-

42,500.00

42,500.00

Abergele Town Council

-

500.00

500.00

Waterloo Foundation

-

20,000.00

20,000.00

Garfield Weston

20,000.00

-

20,000.00

Albert Gubay Foundation

-

99,999.00

99,999.00

National Lottery Community Fund

-

24,993.00

24,993.00

BBC Children in Need

-

15,000.00

15,000.00

Postcode Community Trust

25,000.00

-

25,000.00

Neumark Foundation

-

21,975.00

21,975.00

Trussell Fundraiser Grant

-

22,500.00

22,500.00

CCBC Direct Food Support

-

14,800.00

14,800.00

Welsh Government Child Poverty

-

16,250.00

16,250.00

UK Youth

-

500.00

500.00

UKSPF CVSC

-

24,987.00

24,987.00

Steve Morgan Foundation

-

16,666.68

16,666.68

Winter Wellbeing Grant BCHB CVSC

-

4,000.00

4,000.00

CCBC Warm Hub

-

2,151.13

2,151.13

Cartrefi Conwy

1,000.00

-

1,000.00

Total

48,109.77

344,274.54

392,384.31

3.	OTHER TRADING ACTIVITIES

2026

2025

£

£

Fundraising events

676

-

Catering income

-

180

Community Shop takings

16,228

9,780

Hire of facilities

1,970

-

18,874

9,960

4.	INVESTMENT INCOME

2026

2025

£

£

Interest receivable

2,077

3,480

5.	NET INCOME/(EXPENDITURE)

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

2026

2025

£

£

Auditors' remuneration for non audit work

2,858

3,989

Depreciation - owned assets

7,897

15,348

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2026 nor for the year ended 31 January 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2026 nor for the year ended 31 January 2025.

7.	STAFF COSTS

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

2026

2025

Activities relating to Food Bank

2

6

Relating to charitable activities

8

8

10

14

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

30,358

808

31,166

Charitable activities

Foodbank

14,878

1,000

15,878

Gwynt Y Mor

-

11,668

11,668

Youth Den

29,031

46,843

75,874

CCBC

8,500

4,215

12,715

Pathfinder

2,744

103,179

105,923

Co-op community fund

1,524

-

1,524

Other trading activities

9,960

-

9,960

Investment income

3,480

-

3,480

Total

100,475

167,713

268,188

EXPENDITURE ON

Charitable activities

Premises expenses

14,796

336

15,132

Office expenses

50,967

243,139

294,106

Finance cost

99

-

99

Activity

19,886

11,582

31,468

Foodbank

15,318

19,446

34,764

Depreciation

3,449

11,899

15,348

Youth Den

(210

)

-

(210

)

Total

104,305

286,402

390,707

NET INCOME/(EXPENDITURE)

(3,830

)

(118,689

)

(122,519

)

Transfers between funds

(2,717

)

2,717

-

Net movement in funds

(6,547

)

(115,972

)

(122,519

)

RECONCILIATION OF FUNDS

Total funds brought forward

46,683

149,464

196,147

TOTAL FUNDS CARRIED FORWARD

40,136

33,492

73,628

9.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2025

140,369

33,595

29,710

203,674

Additions

-

8,657

2,095

10,752

Disposals

(129,775

)

-

-

(129,775

)

At 31 January 2026

10,594

42,252

31,805

84,651

DEPRECIATION

At 1 February 2025

139,075

20,577

23,086

182,738

Charge for year

1,294

4,053

2,550

7,897

Eliminated on disposal

(129,775

)

-

-

(129,775

)

At 31 January 2026

10,594

24,630

25,636

60,860

NET BOOK VALUE

At 31 January 2026

-

17,622

6,169

23,791

At 31 January 2025

1,294

13,018

6,624

20,936

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

1,377

450

Prepayments

3,762

9,318

5,139

9,768

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Social security and other taxes

5,258

5,415

Other creditors

2,500

2,500

Deferred income

146,553

58,915

Accrued expenses

2,046

2,553

156,357

69,383