Resolven Building Blocks - Charities report - 22.2

REGISTERED COMPANY NUMBER: 04589051

REGISTERED CHARITY NUMBER: 1101314

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2022

FOR

RESOLVEN BUILDING BLOCKS

Page

Report of the Trustees

1

to

7

Independent Examiner's Report

8

Statement of Financial Activities

9

Balance Sheet

10

to

11

Cash Flow Statement

12

Notes to the Cash Flow Statement

13

Notes to the Financial Statements

14

to

27

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. 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

Working Name: Building Blocks Family Centre

Vision

Building the foundations of our family's futures

Mission Statement

Building Blocks Family Centre provides a dedicated family service in the Neath Port Talbot area including family support, childcare, youth provision and training.

We aim to:

- To improve the quality of life of all children and families living in poverty or at a disadvantage in Neath Port Talbot.

- To improve the quality of children and young people and their families affected by disability.

- To enable residents of Neath Port Talbot to access employment, volunteering and training by providing childcare

- To provide a quality service that reflects identified needs of children, young people and families living in Neath Port Talbot

- To promote and provide opportunities for families to improve their health and wellbeing

OBJECTIVES AND ACTIVITIES

Objectives and activities

We achieve our aims by delivering:

Service

Description

Talk it Through

Counselling sessions tailored specifically for children and young

people with disabilities; peer support group to enable children and

young people with disabilities to interact with their peers who have

similar experiences; Workshops for parents, specifically on mental

health, to provide them with tools and techniques to support their

children and young people with disabilities.

Wellbeing 4 Me

A term time service that offers weekly play sessions for children and

young people with a disability. Parent toddler sessions are delivered

for families with children aged 0-3, to help encourage and support

their child's development and work towards their early year's

milestones. The sessions offer the opportunity for them to socialise

together, make new friends, build confidence and increase their

overall wellbeing.

Talk together

We support children 0 - 5 years with their speech, language and

communication needs by offering a fun and nurturing environment,

with a range of play activities that help promote children's

development.

Forward Steps

Provides families who have a child/child with a disability with support

to help strengthen families, and work with them to provide tailored

support to suit their needs including therapeutic emotional support.

Families Together 2

A family led support services which enable families to get the best

start in life. The aim is to empower families to build vital skills such as

parenting, employability, confidence and provide advocacy to

ensure families have the best support to meet their needs.

Food bank

Offering a delivery service once a week to our families across Neath

Port Talbot which is manned by our volunteers and staff.

Childcare

We offer affordable and subsidised childcare for children aged 0-12

years for parents to return to education, work and volunteering.

Specialised One-To-One

We provide one to one childcare support for disabled children.

Disabled Childcare

Family Hub and Family

Our centre is used on a regular basis by a variety of different

services such as play therapy, training and family contact space.

Recycle Uniform Shop

Recycling shop offering free uniform to the community of Resolven.

Public benefit

During the year the Charity had due regard to the commission’s public benefit guidance.

ACHIEVEMENT AND PERFORMANCE

The charity has had a very good year delivering on all our objects and funded projects.

Key Achievements

1. We have supported 234 children with disabilities or additional needs to help improve their quality life through the development of social skills, speech, language and communication skills, confidence, self-esteem and independence skills.

2. We have supported 583 parents to help improve their parenting skills and improve their quality of life to help give their children the best start in life.

3. We have supported 232 Children and young people to help improve their wellbeing

4. We have provided 247 children with free or subsidised childcare places to help build their early years development skills.

5. We have supported 235 adults and 222 children gain access to our food bank provision supporting families living in food poverty across Neath Port Talbot.

6. We have supported 276 parents to re-train to enable them to gain employment, helped retain their employment or gain employment.

6. We have supported 322 parents to improve the quality of care they provide their children with disabilities.

7. 67 families with children with disabilities have received dedicated support with their mental health and well-being.

8. 185 children accessed dedicated support with their mental health and well-being.

FINANCIAL REVIEW

Principal funding sources

We would like to thank all our funders who have supported us over the past year. Without their continued support, we would not be able to provide our dedicated services.

BBC Children in Need

Consortia with Interplay - Families First

EDC8 - Welsh Government Grant

IFAN Grant - Food Bank

Neath Port Talbot County Borough Council

Neath Port Talbot CVS

Tesco Community Grant

The National Lottery Community Fund

Wales Council for Voluntary Action (WCVA)

BBC Children in Need and NPTCBC Child Development Grant

The BBC Children in Need funding has been provided to deliver the Talk2Gether project. This service is providing a fun and nurturing environment, with a range of play activities that will help promote children's development in speech, language, and communication skills. NPTCBC Child Development grant was also secured to offer additional sessions for children living in Neath Port Talbot.

BBC Children in Need - Money Heroes

We received a grant from BBC Children in Need to train staff in the Money Heroes resources to help children aged 6-11 understand how to manage money.

Consortia with Interplay - Families First

We also have a consortium to deliver Lot 5 of the Families First Neath Port Talbot contract where we successfully secured the contract to deliver Wellbeing 4 Me To improve the well-being of Children and Young People with disabilities through the provision of a range of opportunities to develop their social, emotional, and learning skills.

EDC8 - Welsh Government Grant

We received a grant from Welsh Government as an employer incentive for taking on an apprentice within our team.

IFAN Grant - Food Bank

We were provided with a grant towards running the food bank.

Neath Port Talbot County Borough Council

Neath Port Talbot County Borough Council - Childcare Offer Grant

The funding was provided to purchase, toys, equipment and replace fire doors.

Neath Port Talbot County Borough Council - Summer of Fun

The grant provided funding to deliver one to one play session for children with disabilities.

Neath Port Talbot County Borough Council - Grant

The grant was provided to fund the Growth and Mindset project for 3 months which meant delivering mindfulness session for children changed 9 - 12 years and providing 1-1 support for children with disabilities.

Neath Port Talbot County Borough Council - Families First

Families First is a Welsh Government programme designed to improve outcomes for Children, Young People and Families. It places an emphasis on early intervention, prevention and providing support for Families, rather than individuals. The aim of the programme is to provide early support for Families with the aim of preventing problems escalating.

We secured Families First lot 4 - Support Parents and Families affected by disability contract to deliver the Forward Steps service that:

- To improve the wellbeing of Parents and Families during the assessment process for

ASD and ADHD.

- To improve the wellbeing of Parents and Families following the diagnosis of a disability

- To improve the parenting skills of Parents with a learning disability.

Neath Port Talbot County Borough Council - Child Development Grant

This grant provided funding for toys for the Talk2gether project.

Neath Port Talbot County Borough Council - Playworks

The grant provided funding to deliver open access play session during school holidays.

Neath Port Talbot County Borough Council - Cabinet Funding

The grant provided funding to deliver play sessions during term time.

Neath Port Talbot County Borough Council - Childcare & Play Grant - All Wales Play Opportunity Grant

This grant enabled us to purchase new sensory equipment.

Neath Port Talbot County Borough Council Childcare & Play grant - Hamper grant

This grant enabled us to purchase toys and resources for the children.

Neath Port Talbot County Borough Council - Childcare & Play Grant

This grant enabled us to purchase toys for children.

Neath Port Talbot CVS - Ffynon Oer

The grant provided funding to deliver play sessions during term time.

Tesco Community Grant

The grant provided for the food bank.

The National Lottery Community Fund

The National Lottery Community Fund - Families Together

The National Lottery Community Fund funding has been secured to deliver a Families Together 2 project which is an early intervention support programme to empower families across Neath Port Talbot.

The National Lottery Community Fund - Talk it Through

The funding has been secured to deliver the Talk it Through project which is provides specialist counselling services for children with disabilities and support to their families.

Wales Council for Voluntary Action (WCVA) Survive

This funding was provided at 80% grant and 20% loan to help us survive after the decrease income with our childcare service due to the pandemic.

Reserves policy

Resolven Building Blocks aims to build up reserves in future years to enable it to continue and expand the services they currently provide and develop new projects in the future. This policy will be reviewed annually or when significant changes occur within the organisation.

The charity aims to build up unrestricted funds to cover (1) redundancy payments to employees should the funding of the charity reduce in future years. (2) to cover four months running costs. (3) to cover planned major repair spend in the short term. (4) to cover running costs of the food bank from donations.

Results for the year

The charity's Statement of Financial Activities is shown on page 9 and comprises unrestricted and restricted funds, being those provided to assist in furthering the general objects of the company. An income and expenditure account is also included in Appendix 1.

GOING CONCERN AND FUTURE PLANS

The Covid pandemic still continues to have an impact on our charity, in particular our childcare services with numbers still low however as the pandemic eases we are hopeful that childcare numbers will increase to the previous levels. We have continued to sustain our services with the generous support of our funders and supporters and this has enabled us to continue to open our doors to families and children. The trustees are confident that they have sufficient funding to remain a going concern until the impact of the pandemic has reduced.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 13 November 2002 and registered as a charity on 22 December 2003. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

Recruitment and appointment of new trustees

The directors of the company are also charity Trustees for the purpose of charity law. The rules regarding the number of directors and their appointment, reappointment and removal are contained in the Articles of Association to which reference should be made. New Trustees are appointed by the Board of Trustees.

Organisational structure

Resolven Building Blocks is managed by a board of trustees with the day to day running carried out by Ceri Pritchard, Centre Manager (35 hours per week). There are two Childcare Manager's in post that job share in order to comply with CIW regulations and manage the childcare service.

Induction and training of new trustees

All new members meet with the Centre Manager and are given an introduction to the Charity and to the work of the Committee. Appropriate training material and information is distributed. Training opportunities are highlighted to committee members. Committee members are eligible for suitable further training if required. The Committee also held a Trustees and Staff Development session during the year.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04589051 (Not specified/Other)

Registered Charity number

1101314

Registered office

Resolven ICC

Resolven

Neath

Neath Port Talbot

SA11 4AB

Trustees

Mrs N S Gnojek

Mrs J M Harris

Miss H Morgan

Miss N J Macey (resigned 1.7.22)

Mrs J Elston (resigned 12.6.21)

Mrs J Howes

Company Secretary

Mrs J M Harris

Independent Examiner

Bevan Buckland LLP

Ground Floor

Cardigan House

Castle Court

Swansea Enterprise Park

Swansea

SA7 9LA

Bankers

The Co-operative Bank

P.O. Box 250

Delf house

Southway

Skelmersdale

WN8 6WT.

FUNDS HELD AS CUSTODIAN FOR OTHERS

None.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 23 November 2022 and signed on its behalf by:

Miss H Morgan - Trustee

Independent examiner's report to the trustees of Resolven Building Blocks ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

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 registered member of 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.

Henry Lloyd Davies

Institute of Chartered Accountants in England and Wales

Bevan Buckland LLP

Ground Floor

Cardigan House

Castle Court

Swansea Enterprise Park

Swansea

SA7 9LA

23 November 2022

2022

2021

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

as restated

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

123,242

-

123,242

104,361

Charitable activities

Childcare Centre

13,500

374,860

388,360

581,295

Investment income

3

-

-

-

12

Total

136,742

374,860

511,602

685,668

EXPENDITURE ON

Charitable activities

5

Childcare Centre

202,548

335,473

538,021

488,100

NET INCOME/(EXPENDITURE)

(65,806

)

39,387

(26,419

)

197,568

RECONCILIATION OF FUNDS

Total funds brought forward

As previously reported

220,844

19,229

240,073

24,505

Prior year adjustment

11

(18,000

)

-

(18,000

)

-

As restated

202,844

19,229

222,073

24,505

TOTAL FUNDS CARRIED FORWARD

137,038

58,616

195,654

222,073

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The results of the year derive from the continuing activities and there are no gains or losses other than those shown above.

2022

2021

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

as restated

Notes

£

£

£

£

FIXED ASSETS

Intangible assets

12

1

-

1

1

Tangible assets

13

15,031

-

15,031

13,412

15,032

-

15,032

13,413

CURRENT ASSETS

Debtors

14

835

6,680

7,515

14,240

Cash at bank

188,804

51,936

240,740

228,356

189,639

58,616

248,255

242,596

CREDITORS

Amounts falling due within one year

15

(45,133

)

-

(45,133

)

(15,936

)

NET CURRENT ASSETS

144,506

58,616

203,122

226,660

TOTAL ASSETS LESS CURRENT LIABILITIES

159,538

58,616

218,154

240,073

CREDITORS

Amounts falling due after more than one year

16

(22,500

)

-

(22,500

)

(18,000

)

NET ASSETS

137,038

58,616

195,654

222,073

FUNDS

18

Unrestricted funds

137,038

202,844

Restricted funds

58,616

19,229

TOTAL FUNDS

195,654

222,073

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 23 November 2022 and were signed on its behalf by:

H Morgan - Trustee

N S Gnojek - Trustee

Cash flows from operating activities

Cash generated from operations

1

17,031

204,985

Net cash provided by operating activities

17,031

204,985

Cash flows from investing activities

Purchase of tangible fixed assets

(5,747

)

(13,065

)

Interest received

-

12

Net cash used in investing activities

(5,747

)

(13,053

)

Cash flows from financing activities

New loans in year

4,500

18,000

Loan repayments in year

(3,400

)

(3,600

)

Net cash provided by financing activities

1,100

14,400

Change in cash and cash equivalents in the reporting period

12,384

206,332

Cash and cash equivalents at the beginning of the reporting period

228,356

22,024

Cash and cash equivalents at the end of the reporting period

240,740

228,356

1.	RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2022

2021

as restated

£

£

Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities)

(26,419

)

197,568

Adjustments for:

Depreciation charges

4,128

4,279

Loss on disposal of fixed assets

-

553

Interest received

-

(12

)

Decrease in debtors

6,725

123

Increase in creditors

32,597

2,474

Net cash provided by operations

17,031

204,985

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.21

Cash flow

At 31.3.22

£

£

£

Net cash

Cash at bank

228,356

12,384

240,740

228,356

12,384

240,740

Debt

Debts falling due within 1 year

(3,400

)

3,400

-

Debts falling due after 1 year

(18,000

)

(4,500

)

(22,500

)

(21,400

)

(1,100

)

(22,500

)

Total

206,956

11,284

218,240

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.

Intangible fixed assets

Amortisation is provided at an annual rate of 33% in order to write off each asset over its estimated useful life.

Tangible fixed assets

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

Equipment

-

20% on cost

Taxation

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

Fund accounting

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

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

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

Hire purchase and leasing commitments

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

Capital Grants

Grants received which are used to purchase capital items are treated as restricted funds in the balance sheet and released to the income and expenditure account over the life of the asset to which they relate.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments held within a deposit or similar account.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Going Concern

The Covid pandemic still continues to have an impact on our charity, in particular our childcare services with numbers still low however as the pandemic eases we are hopeful that childcare numbers will increase to the previous levels. We have continued to sustain our services with the generous support of our funders and supporters and this has enabled us to continue to open our doors to families and children. The trustees are confident that they have sufficient funding to remain a going concern until the impact of the pandemic has reduced.

2.	DONATIONS AND LEGACIES

2022

2021

as restated

£

£

Fees

99,641

83,622

Other Income

23,601

20,739

123,242

104,361

3.	INVESTMENT INCOME

2022

2021

as restated

£

£

Deposit account interest

-

12

4.	INCOME FROM CHARITABLE ACTIVITIES

2022

2021

as restated

Activity

£

£

Grants

Childcare Centre

388,360

581,295

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

2022

2021

as restated

£

£

Other Grants

-

6,864

NPTCBC- Families First

86,965

80,102

BBC Children in Need

29,272

37,076

Ffynnon Oer Windfarm

2,000

-

Community Foundation in Wales - Recovery Fund

-

19,880

National Lottery Community Fund - Families Together

87,066

106,663

Neath Port Talbot CVS – Comic Relief

-

1,813

Families First - Interplay

31,911

39,418

Government Grant

7,321

51,131

Swansea CVS - ICF Funding

-

1,460

National Lottery Commuity Fund- Talk It Through

32,943

32,316

National Lottery Community Fund - Core Funding

-

10,256

National Lottery Community Fund-Awards for All Wales

-

6,350

Moondance Foundation

-

52,923

Carried forward

277,478

446,252

2022

2021

as restated

£

£

Brought forward

277,478

446,252

Community Foundation In Wales - Food Bank

-

4,821

Edward Gosling Foundation

-

5,000

WCVA Voluntary Emergency Fund

-

14,522

Marsh Christian Trust

-

300

Welsh Government - Tier 1 - Mental Health Funding

-

10,681

NPTCBC - Food Poverty

-

787

Pen Y Cymoedd

-

2,967

Neath Port Talbot – Voluntary Service Emergency Fund

-

1,463

Neath Port Talbot CVS – ICF Funding

-

7,694

Neath Port Talbot - CWTCH Grant

-

2,935

WCVA Third Sector Survive

13,500

54,000

IFAN Grant - Food bank

200

500

Neath Port Talbot – Childcare Offer Grant

9,805

4,373

Neath Port Talbot - Childcare Sustainability Grant

-

25,000

BBC Children in Need - Money Heroes

1,000

-

Neath Port Talbot - Child Development Grant

10,839

-

Neath Port Talbot - Growth and Mindset Grant

16,232

-

Neath Port Talbot - Playworks

5,091

-

Neath Port Talbot - Summer of Fun (Interplay)

5,000

-

Neath Port Talbot - Cabinet Funding

2,000

-

Neath Port Talbot - Childcare & Play Grant - All Wales Play Opportunity Grant

3,871

-

Neath Port Talbot - Childcare & Play grant - Hamper grant

3,000

-

Tesco Community Grant

1,000

-

NPTCBC Childcare & Play grant - Childcare Equipment

2,500

-

WCVA Thrive

35,094

-

EDUC8

1,750

-

388,360

581,295

5.	CHARITABLE ACTIVITIES COSTS

Support

Direct

costs (see

Costs

note 6)

Totals

£

£

£

Childcare Centre

530,702

7,319

538,021

6.	SUPPORT COSTS

Support

costs

£

Childcare Centre

7,319