REGISTERED CHARrrY NUMBER.. 1009238 Re ort of the Trustees and Unaudited Flnanclal Statements for the Year Ended 31st March 2021 for Llandover Youth and CommUnit Centre Ashmole & Co 18 Hlgh Street Llandoverv Carmarthenshire SA20 OPU
Youth and Communlt Centre Llandoveru.-.-- Contents of the Flnanclal Statements for the Year Ended 31st March 2021 Pagè Report of the Trustees Independent Examlner's Rèport statement of Financial Activltles Balance Sheet Notes to the Financial statements 9 to 21 Detailed Statement of Flnanclal AttlvltiÈs 22 to 23
Llandove Youth and Communlty Cenjr Re ort of the Trustees for the Year Ended 31st March 2021 The trustees present their report with the flnanclal statements of the charity for the year endÈd 31st March 2021. The tru5tee5 have adopted the provisions of Accounting and Rèporting by Charities.. statement ol Recommended Practice applicable to charltles preparing their accounts in accordance with the Financial Reporting Standard appllcable In the UK and Republic of Ireland IFRS 1021 leffective I january 20191. OBJECTIVES AND ACTIVITIES Objectives and activities for the publlc beneflt, Llandovery Youth and Cornmunity Centre continues to serve members of the community using the faclllties for groups, clubs, activitie5, job-5earching, advice and guidance, IT support, photo-copying, volunteering and undertaking online courses. Its role as a real hub came Into its own during the Coronavirus lockdown% which demonstrated what an e55entSal role the Centre plays in the town. The charity is funded from a number of sources including rental of premlses and charitable grants and donatlons, The tru5teÈs confirm that they have complied with thelr duty in section 17151 of the 2011 Charities Act with regard to the Charity Commission's £eneral guidance on publlc benefit when reviewin8 the Charity's and objectives and in planning of future 3rtivities. Page I
YoLrth and Communit Centre Re ort of the Trusteès for thè Year Ended 31st March 2021 OBJECTIVES AND AcfiviTIES Slgnlflcant activities On 24 May 2019 the Centre was awarded a National Lottery Community Fund grant of £499,795 over 5 years for a project entitled The Well l Y Ffynnon to expand existing services, by developing a health and wellbeing hub, providing new services to isolated and lonely p@tsple, families that are struggling and those living with mental and physical health conditions. It was also to include a drop-in centre for support and helpi provlding 3cce5S to health and wellbeing information and activities, life skills course5 Including self-mana8ement, holistic therapies, counselling and talking therapies, and access to other health and social care providers. The funding commenced on l July 2019 and will cease on 31 lune 2024. In addltion to this funding, we are grateful to a nutnber of organisations including Llandovery Rotary Club, L D Rope Charitable Trust, the Williams Brownhill Trust, Comic Relief and individua15 Wlthin the commullitv who have made generous donatlons to the Charlty for various projects, We have been particularly grateful to those members who have grown plants, knitted and sewed, baked and made jamlchutneylmarmalade for the Charity to sell towards running costs. To help tackle the needs of people during the lockdowns the LYCC received funding from the Princes Countryside F*Jnd Rur31 Rèsponse Emergency Grants programme, Western Power Di5tTibution Coronavirus Fund, Coronavirus Resilience Fund, Lottery Awards for all, Carmarthen5hire County Council Coronaviru5 Fund, WCVA Voluntary Services Recovery Fund and CAVS Friend in Need. The LYCC continued to supply food boxes to over 100 peoplé In the town. These are supplied kjy the Klng's Church, Newport. An additional Foodbank during the Lockdowns and received a good deal of local support was received for rhls. The local Cooperative storc had a large basket in the store Into which local people donated food. We also had regular donations of food anLI money from individuals and a group of churches. In addition, we have received funding from other bodies as Outlined above. This much-need help was valued greatly by those on furlough, etc Over 9(Kl art/craft/gardening p3cks were sent out to both chlldren and adults. Some were tailored to individual needs but most were prepared for elther thildren or adults. These were so warmly received. mother of 4 children, 'They savè my sanity. lust when it is gettln8 too much another pack appearsl Cltlzens Advice. having closed their drop in centres, Cltizens Advice c¥eated a permanent presence in the LYCC In the fomi of a designated laptop on which members of the public use Ihelr Digltal Drop In Centre. Preparatlons were put In hand for a serries of Sound Engineerin8 workshops which were scheduled for commenceynent in Mayljune 2021, funded by Comic Relief. Rev Simon Btswkett. Rural Chaplain and the Centre's Honorary Chaplain has continued to work alongside the Centre and can always be contacted to assist in needy 51tuations. Borne out of the L13ndovery 2030 Project in whlch the LYCC was greatly involved, a Llandovery Webslte PYoJed set about obtaining fundlnE to increase the footfall in the town through tourism et¢. The LYCC were représented 04) their committee and were to make the necessary applic3tion. We have worked closely with Wale5 and West Houslng and outside of lockdown they hold regular meetings with thelr tenants in the Centre. Durlng lockdown we were able to identify needs and concerns of their tenants and pa55 them on for resolution. In turn Wales and West refer to us their tenants who we are able to help over a range of issues. Page 2
Lland th and Communit Centre Re ort of the Trustees for the Yèar Ertded 31st March 2021 OBJECTIVES AND ACTIVITIES The LYCC became a member of the Carmarthenshire Food Network whlch brings together all the group5 and clubs in the county who are operating foodbanks, food kitchens etc to share contacts, advice and information. A small marquee was loaned to the Centre by Llandovery Town Council and this ha5 proved invaluable for meetin8 individuals Iwhen Covid regulations 311owl for a Cup of tea and socially distanced meetings. The Communlty Mental Health Team havè worked closely with the LYCC, referring clients to the LYCC and bringing clients to groups/actlv itles when it is possible. The Home Educatlon G¥oup, when possible, hold their group5 In the Centre and the LYCC run5 workshop5 for them. Our main work over the period covered by this report has been helping and supporting the local community during the pandemlc. Lockdown and Its effect on the LYCC During the period from August 2020 to February 2021 it Was only possible to have the Centre open to the public lor 4 months but during that period we were able to build on many relationships with individuals which had grown up during the lockdown period. There were still a number of people, especially those with underlying health conditions or the elderly who did not feel able to attend the Centre and we contlnued our contact with them by other means. Our var*ous workshops continued in many formats during the lockdown5'. Art for Fun and Relaxation developed greatly with an enthusiastic group who have either attended or followed the workshops on Z oom. Art Psychotherapy was undertaken by a de51gnated phone and appointments were made each week for people to individually take parl in a session. Artwork was transmitted by email previous to and during the sessions. Thls opened up a new and Innovative way of working and has proved to be popular with participants who are often amongst the people who need it most. Pyrography/Woodland Ecotherapy was able to contlnue in a socially distanced manner because of the spacious setting and the need to addr@S5 mental health wellbeing for the participants, some of whom have suffered bereavements during la st year. Computèr tlasses/support continued on Zoom. Willow Weaving - the participants were constantly supplied wlth willow and other weaving materlal, together with d etailèd instructions and a helpline to Support them in their work. Gardenlng continued at the Centre with the staff member regularly appearing on Zoom and a regular gardening video on the LYCC Facebook page. Page 3
Llan for the Year Ended 31st March 2021 OBJECTIVES ANO AcfiviTIES Muslc Jam Sessions was enthusiastically atténded when we were able to bè opèn but this h8s not been able to contlnue during lockdown, mainly because those Involved were rather technophobic. Staff are in contact with the participants though. Comic Relief have agreed that the funding for mugic workshops can be delayed until p eople are able Ic> have full access to the Centre. Youth Clubs continued online with competitions, prizes, cooklng, elc on each Tuesday and Thursdav evening. The young people 'attended" every week but were also pleased tD bè ablé to tontinuè their activities at the LYCC when regulatlons allowed. It Was not possible to hc>ld a summer camp in 2020 but it was anticip ated that this would be rectifièd in 2021. After School Club did not operate during the lockdowns but was compensated by the frèquent delivery of actlvity packs Sncludlng gardening, cooking, craft items etc and so a link was maintained with the children throughout the loc kdowns. There was much enthusSasm when the chlldren were able lo physically return. The Facebook page Help Llandoveyy continued to be run by the LYCC with 70+ volunteers available for foodlprescription dellveries etc. The Facebook page Art for All also continued with many people who received art/craft kits enabled to have a public space to demonstrate their Creativity, especially those who had received kits from the LYCC. ACHIEVEMENT AND PERFORMANCE We are continually thanked by members of the comrnunity for the work we do and have grèatly appreciated thelr enthusiastlc support. Faced with a global pandemic the LYCC has been able to weather the storm and used innovative and creative mèans to hÈlp, support and èt)thusÈ the local community. FINANCIAL REVIEW Reserves policy It Is noted that as at 31 March 2021 Llandovery Youth & Community Centre has limited unrestricted funds which are free reserves. It is the target of the Management Committee to be able to reach the stage where the organisation holds reserves at 3 minimum level to continue activities for at least 3 months. It is anticipated that with the increased use of the LYCC this target will be met In the future. This pollcy wlll be revièwÈd annually by thÈ Management Cc>mmittee. Golng concern Covid-19 has had a significant impact on thè Charity's operations since the year end 31st March 2021, however, the main grant funding has not been withdrawn as project work continued using remote means. Desplte the unpredictable further development of the pandemic, the Trustees believe that this event should not impaet the book value of the assets or liabilitie5 as of 31st March 2021 and that therefo>re the going concern of the charlty is Currently not at risk and is considered appropriate for the 12 months from the signlng of these accounts. STRUCTURE. GOVERNANCEAND MANAGEMENT Governing document The charlty Is controlled by its Constitution which was agreed by the Management Committee on 2nd April 1990 and amended on 14th August 2017. It is registered a5 a Chzrity with the Charities Commi55ion. The Management Committee has ultimate responsibllity for the management and fin3nclal matters of Llandovery YCC. Responsibility for the day to day running of the organisation is delegated as appropriate to the chairman and the Centre Manager, Pagè 4
Llandove Youlh and CommuNI Ce ort of the TrustÈÈ nded3tstM 2021 REFERENCE ANLI ADMINISTRATIVÉ DEfAILS RÈglst£r•d Charfty numb¢r IIN>9238 Prfnclpal address Gerwyn House Market Square Llèndovery Catmarlhenshlre SA20 OA8 Trustees A 8arker Mrs 8 81111ngham Ideieased 21.S.211 Ms W Heald W Thomas Mr5 H Tottth Mrs P Tyler lappoihted 21.7.2Ql Independent Examlner MscH Uwyd FCA FCCA shmole & Co 18 HIEh Street Uandovery Carmarthenshlre SA20 OPU bankers Barclays Bank PIC Lelrester Lelcester5hlre LE87 2B8 EVENTSSINCE IHE END OF THE YEAR Inlormallon rÈlatln8 to events 51T5Ge the end ol the year Is 8lYen In the noles to the flnanclal statement5. 28,Jon(u4f 20" Approved by order of the board ol tIUStees on.. and slgned on its behalf by- A 8arker-Trustee Page 5
Inde endent ExamIneS_ft_ep.0rt to the Trustees of Llandover Youth and Communlt Centr¢ Independènt èxaminer's report to the trustees of Llandovery Youth and Community Centre I report to the charlty t¥U5tees on my examination of the accounts of Llandovery Youth and Community Cèntre (the Trust) for the year ended 31st March 2021. Responslblllties and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the rÈquirements of the Charities Act 20111'the Act'l. I rèport in rèspect of my examination of the Trust's accounts carried out under section 145 of thé Act and in carrying out my examlnatlon I have followed all appllcable Directlons glven by the Charity Commission under section 14515llbl of the Act. Independent examiner's Statement I have completed my examination. I confirm that no material matters have come to my attention In connection with the examination giving me cause to believe that in any material respect., accounting records were not kept in respect of the Trust as required by section 130 of the Act- or the account5 do not accord with those records; or the accounts do nol comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than arly requirement that the ac£ounts glve a true and fair view which is not a matter considered as part of an Independent examination. I have no concert)s and have come across no other TMatter5 in conneLtion with the examination to which attention should be drawn in thls report in order to enable a proper understanding of the accounts to be reached. Miss C H Llwyd FCA FCCA Ashmole & Co 18 High Street Llamdoverv Carmarthenshire SA20 OPU Date.. 28th January 2022 Page 6
Llandover Youth and Community Centre Statement of Financial Activities for the Year Ended 31st March 2021 31.3.21 Tot31 funds 31.3.20 Total funds Unrestricted fund Re5trScted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 16,495 90,289 106,784 120,945 Charitable activttie5 Activities & Events 3,815 3,815 5,612 Othèr trading activities 3,829 3,829 9,610 Total 24,139 90,289 114,428 136,167 EXPENDITURE ON Raising funds 1,910 7,242 9,152 8,866 Charitable activities Activitlos & Even15 10,188 108,784 118,972 85,328 othei 657 6,212 6,869 7,835 Total 12,755 122,238 134,993 102,029 NET INCOMEIIEXPENDITUREI 11,384 131,9491 120,5651 34,138 Transfers between fund5 16 13361 336 Net movement In funds 11,048 131,6131 120,5651 34,138 RECONCILIATION OF FLINDS Total funds brought fonAFard 161,179 39,299 200,478 166,340 TOTAL FUNDS CARRIED FORWARD 172,227 7,686 179,913 200,478 The notes form part of these financlal statements Page 7
doveryyotsth znd CommuMI Cehtre Balance She 3ts1 March 2 31.3.21 31.3.20 Notes FIXED A55Ers Tanglble a55et5 12 162,676 168,576 ctIRRENT A55ETS t)ebtor5 Cash at bank 13 150 19,994 25.567 11,392 20,144 36,959 CREOITORS Amovnts fallin8 due wlthiTr orne year 14 12,9071 IS,0571 NETCiIRRENT ASSETS I7,7 31,902 TOTALA55£T$ LESS CUARENfLIABILITIES 179,913 21JO,478 NET ASSETS 179.915 200,478 FUNDS Ullrestrl¢ted funds Rest¥ÈEted ftsnds 16 172,227 7.686 161,179 39,299 TOTAL FUNDS 179,913 200,478 The flnanclal statements were approved by the Board ol TNstees and authorlsed for Issue ¢)n x&.¥A%a4. 94.'.y...£o.'L%..., 3nd were slgned on its behalfby.. H Tou£h- Trustee The Fte5 lorm pari ol ihese finaDclal Stat1)entS Pa8e 8
Llandovor Youth and Communi Centre Notes to the Financlal Statements for the Year Ended 31st March 2021 ACCOUNTING POLICIES Basls of pyeparlng the financlal statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charilles SORP IFRS 1021 'Accountlng and Reporting by Charities,, Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable In the UK and Republic ot Ireland IFRS 1021 (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republlc of Ireland, and the Charitles Act 2011. The financlal statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Actlvltles 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 ben&fits will be requlred in settlement and the amount of the obliEation can be measured reliably. Expenditure is accounted for on an accruals basis and has been tlassified under hèadings that aggregate 311 cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activitle5 on a basis conslstent with the use of resources, Tanglblé flxed assets Depreciation is provided at the following annual rates In order to write off each asset over Its estimated useful life. Improvements to property Property flxture5 & équipment Motor vehicles Computer equlpment IO% on cost 15% on cost 20% Dn cost 33% on cost Taxatlon The charity is exempt from tax on its charitable activitie5. Fund accounting Unrestricted funds can be tjsed In accordance with the charitable objectives at the discretion of the trustee5. Restricted funds can only be used for particular restritted purposes w*thin the objects Of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposès. Further explanation of the nature 3nd purpose of each fund 15 included in the notes to the financlal statements. Penslon costs and other post-retlrement benefits The charity operates a deflned contribution pension scheme. Contributions payable to the ch3rity'5 pension scheme are charged to the Statement of Financlal Actlvities in the period to whlch they relate. Page 9 continued...
Llandover Youth and Communit Centre Notes to the Flnancial Statements- continued fort e Year Ended 31st Marth 2021 DONATIONS AND LEGACIES 31.3.21 31.3.20 Donations Grants Subscription5 625 106,159 2,000 115,457 3,488 106,784 120,945 Grants received, included in the above, are as follows.. 31.3.21 31.3.20 Big Lottery Fund Charitable Ald Foundation 77,495 101,659 1,500 Comic Relief Community Fund Cllmate lottery top up Carmarthenshire Voluntary Se¥vlce5- Covid 19 Fund WCVA- Voluntary Servicp.s RÈcovery Fund Carrnarthen5hire Voluntary Sector- FrlÈnd in Need Carmarthenshire Citizp.n Advice Communlty Foundation Wales- Coronavirus Resilience Fund The Prince's Countryside Fund 3,895 9,903 1,000 12,794 2,000 5,000 4,870 I,soo 106,159 115,457 OTHER TRADING ACTIVITIES 31.3.21 31.3.20 Fundralslng events Room hire 2,744 1,085 4,107 5,503 3,829 9,610 Page 10 CDntinued...
Llandove Youth and Communlty Centre Notes to the Financial Statèments- continued for the ded 31st March 2021 INCOME FROM CHARITABLE ACTIVITIES 31.3.21 31.3.20 Activity Camping trip Activities & Events Youth clubs and tuck shop Activlties & Events Grants Activities & Events 2,960 855 2,862 2,750 3,815 5,612 Grants received, included in the above, are as follows.. 31.3.21 31.3.20 Mrs L D Rope Charltable Trust Tesco bags for help Grace Trust 750 2,750 RAISING FUNDS Raising dohatlons and legacies 31.3.21 31,3,20 Support cost5 9,IS2 8,866 CHARITABLE ACTIVIT]ES COSTS Direct C05ts15ee note 71 Support COSts Isee note 81 Totals Actlvlties & Events 61,781 57,191 118,972 Page 11 Continued...
Llandover Youth and Communit Centre Notes to the Financial Statèments- contlnued for the Year Ende 31st Mar¢h 2021 DIRECT COSTS OF CHARITABLE ACTIVITIES 31.3.21 31.3.20 Travel Camping trip expenses Tra1ning and workshops Tuck shop expenses Donations 2,382 2,490 46,485 1,128 9,296 3,720 4,597 32,505 2,816 429 61,781 44,067 SUPPORT COSTS Governance Costs Managemènt Other Totals Raising donations and legacies Other resources expended Activities & Events 9,152 9,152 6,869 57,191 6,869 52,923 4,268 62,075 6,869 4,268 73,212 Support COSt5 have been apportloned to raising donations 8nd legacies at the followlnE percentages.. 25% of J Tatman's salary. IO% of administrative expenses. IO% ol J Tatman's salary has also been apportioned to governance costs. Support Costs, included in the above, are as follows., Management 31.3.21 31.3.20 Ra151ng donations and legacles Actlvities & Events Total activities Total Wages Redundancy costs Penslons Rates and wator Insurance Light and heat Telephone and Internet 7,242 31,289 600 3,817 294 1,388 1,948 838 38,531 600 3,817 327 1,537 2,166 930 29,692 289 2,228 221 1,799 2,273 750 33 149 218 92 Carried forward 7,734 40,174 47,908 37,252 Page 12 continued...
Uandove Yout d Communit Centre Notes to the FInan£al Statements- contlnued for the Year Endèd 31st Malch 2021 SUPPORT COSTS - continued Management. contlnued 31,3.21 31.3.20 Raising donations and legacies Activities & Events Total activities Total activities Brought forward Postage and 5tationerv SJndries Repairs and maintenance Bank charges and interest 7,734 444 36 932 40,174 3,991 320 8,384 54 47,908 4,435 356 9,316 60 37,252 1,635 318 9,737 66 9,152 52,923 62,075 49,008 Other 31.3.21 Other 31.3.20 resources expended Total Depreciatlon of tangible fixed assets 6,869 7,835 Governante costs 31.3.21 Activities & Events 31,3.20 Total activltiÈs Wages Accountancy fees 2,897 1,371 1,119 4,268 1,119 Page 13 continued.,.
Llandove YoutILatunltv_Centre Notes to t e.F1DaOdteMents . continued for the Year Ended 31st Maych 2021 TRUSTEES, REMUNERATION AND BENEFITS Trustees benefit5 which related to pension costs totalled £3,500 for the year ended 31st March 2Q21 (£2,228 for the year ended 31st March 20201. Trustees, expenses There were no trustees, expenses paid for the year ended 315t March 2021 nor for the year ended 31st March 2020. 10. STAFF COSTS 31.3,21 31.3.2D Wages and salarie5 Redundancy costs Other pension costs 38,531 600 3,817 29,692 289 2,228 42,948 32,209 The average monthly number of employees during the year was as follows.. 31.3.21 31.3.20 Management and admlnistr3tlon No employees received emolument% in èxcess of £60,000. 11. COMPARATIVES FOR THE STATEMENTOF FINANaALACTIVITIES Unrestricted Restrlcted fund funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 5,488 115,457 120,945 Charltable actSvltles Activities & Events 5,612 5,612 Other trading a¢tiviti@s 9,610 9,610 Total 20,710 115,457 136,167 EXPENDITURE ON Raising funds 8,866 8,866 Charltable activitles Activities & Events 8,739 76,589 85,328 Page 14 continued...
Youth and Communit Centre NOLS to the Financial Statements- continued for the Year Ended 31st Marc 2021 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- cDntlnued Unrestricted lund Restricted funds Total funds Other 109 7,726 7,835 Total 17,714 84,315 102,029 NET INCOME 2,996 31,142 34,138 RECONCILIATION OF FUNDS Total funds brought forward 158,183 8,157 166,340 TOTAL FUNDS CARRIED FORWARD 161,179 39,299 200,478 12. TANGIBLE FIXED ASSETS Improvemen15 to property Property xtures & equipment Freehold property cosy At 1st Aprll 2020 Additions 160,000 71,748 14,029 At 31st Marth 2021 160,000 71,748 14,029 DEPRECIATION At 1st April 2020 charge for year 64,491 5,888 14,029 At 31st March 2021 70,379 14,029 NET BOOKVALUE At 31st March 2021 160,000 1,369 At 31st March 2020 160,000 7,257 Page 15 continued...
Llandover Youth and Communit Centrè Notes to the Financlal Statemènts- contlnued ort e Year Ended 31st March 2021 12. TANGIBLE FIXED ASSETS- contlnued Motor vehicles Computer Èquipment Totals COST At 1st April 2020 Additions 36,722 22,547 969 305,046 969 At 31st March 2021 36,722 23,516 306,015 DEPRECIATION At 1st April 2020 Charge for year 36,722 21,228 981 136,470 6,869 At 31st March 2021 36,722 22,209 143,339 NET BOOK VALUE At 31st March 2021 1,307 162,676 At 31st March 2020 1,319 168,576 13. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.21 31.3.20 Trade debtors Prepaymellts 25,417 150 150 150 25,567 Page 16 continued...
Llandove Youth and Communi Centre Notes to the Flnancial Statements- continued forthe Year Ended 31StarCh 2021 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.21 31.3.20 Trade creditors Social security and other taxes Accrued expenses 1,084 862 961 2,856 1,253 948 2,907 5.057 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.21 Total funds 31.3.20 Total funds Unrestricted fund Restricted funds Fixed assets Current assets Current liabilitles 160,983 13,227 11,9831 1,693 6,917 19241 162,676 20,144 12,9071 168,576 36,959 15,0571 172,227 7,686 179,913 200,478 16. MOVEMENT IN FUNDS Net movement in funds Transfers between fund5 At 31.3.21 At 1.4.20 Unrestricted funds General fund 161,179 11,384 13361 172,227 Restricted funds Big Lottery Grant Rural Community Incluslon project BLG- Workshop grant Comic Rellef Community Fund 36,434 1,217 1,000 648 130,4421 16841 15001 13231 5.992 869 500 325 336 39,299 131,9491 336 7,686 TOTAL FUNDS 200,478 120,5651 179,913 Page 17 continued...
Llandove Youth and Communit Centre Notes to the Flnancial Statements- continued for the Year Ended 31st March 2021 16. MOVEMENTIN FUNDS- Continued Net movement In funds, included in the above are as follows.. Incoming resouTce5 Resources expended Movement in funds Unrestricted funds General fund 24,139 112,7551 11,384 Restricted funds Big Lottery Grant Rural Community Inclusion project BLG- Workshop grant Comic Relief Community Fund WCVA Voluntary Services Recoverv Fund 77,496 1107,9381 16841 15001 13231 130,4421 16841 15001 13231 12,793 112,7931 90,289 1122,2381 131,9491 TOTAL FUNDS 114,428 1134,9931 120,5651 Comparatives for movement in funds Net movement in funds At 31.3.20 At 1.4.19 Unrestrlcted funds General fund 158,183 2,996 161,179 Restrlcted funds Carms County Council Coop Community Investment Big Lottery Gr3nt Rural Community Inclusion project BLG- Workshop grant Comic Relief Community Fund 1,131 50 3,240 2,236 1,5QO 11,1311 1501 33,194 11,0191 15001 648 36,434 1,217 1,000 648 8,157 31,142 39,299 TOTAL FUNDS 166,340 34,138 200,478 Page 18 contlnued..,
Youth and Communit Centre LIand0ver. Notes to the Financial Statemènts- continued for the Year Ende 31st Mar¢h 2021 16. MOVEMENTIN FUNDS- continued Comparative net movement in funds, Included in the above are as follow5,' Incoming resources Re5Durces expended Movement in funds Unrestricted funds General fund 20,710 117,7141 2,996 Rèstricted funds Carms County Council Ctsop Community Investment Big Lottery Giant Rural Community Intlusion project BLG- Workghop grant Comic Relief Community Fund Climate lottery top up 11,1311 1501 168,4651 11,0191 15001 13,2471 11,1311 150) 33,194 11,0191 150c>I 648 101,659 3,89S 9,903 19,9031 115,457 184,3151 31,142 TOTAL FUNDS 136,167 1102,0291 34,138 A current year 12 months and prior year 12 months combined position is as follows.. Net movement infunds Transfers between funds At 31.3.21 At 1.4.19 Unyestrlcted funds General fund 158,183 14,380 13361 172,227 Restricted funds Carms County Council Coop Community Investment Big Lottery Grant Rural Community Inclusion project BLG- Workshop grant Comlc Relief Community Fund 1,131 50 3,240 2,236 1,500 11,1311 1501 2,752 11,7031 11,0001 325 5,992 869 500 325 336 8,157 18071 336 7,686 TOTAL FUNDS 166,340 13,573 179,913 Page 19 continued..
Youth and Communit Centre tes to the Financial Statements- continued for the Year Ended 31st Mar¢h 2. 21 16. MOVEMENT IN FUNDS- contlnued A current year 12 monthg 3nd prior year 12 months combined net mcsvement in funds, included In the above are as fo51ows-. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 44,849 130,4691 14,380 Restricted funds Carms County Council Coop Community Investment Big Lottery Grant Rural Community Inclusion project BLG- Workshop grant Comlc Relief Community Fund Climate lottery top up 11,1311 1501 1176,4031 11,7031 11,0001 13,5701 11,1311 1501 2,752 11,7031 11,0001 325 179,155 3,895 9,903 19,9031 WCVA Voluntary Services Recovery Fund 12,793 112,7931 205,746 1206,5531 18071 TOTAL FUNDS 250,595 1237,0221 13,573 The Big Lottery £499,795 has been provided over 5 years starting in 2020 for a project entitled The Well/Y Ffynnon to expand exi5tlng services by developing a health & wellbelng hub. Rur31 Communlty Inclu51on Project Carmarthenshire County Council. This is a rural development fund èdmlnistered bv Comic Relief community fund this funding was received for music equipment and workshops. Page 20 continued...
Llandover Youth and Communi Cehtre Notes to the Financial Statements- continued for the Year Ended 31st March 2021 17. RELATED PARTY DISCLOSURES There were no related party transactiortrs for the year ended 31st March 2021. 18. POST BALANCE SHEET EVENTS Covid-19 has had 8 significant impact on the charlty's operations sincÈ the year end 31st March 2021, however, the main grant funding ha5 not been withdrawn as project work continued using remote means. Despite the unpredictable further development of the pandemic, the Trustees belleve that this event should not impact the book value of the assets or liab111tles as of 31st March 2021 and that therefore the going concern of the charity is currently not at risk and 15 considered appropriate foi the 12 months from the 518ning of these accounts. Page21
Llandove youth and Communit Centre Detailed Statement of Financial Activities for the Year Ended 31st March 2021 31,3.21 31.3.20 INCOME AND ENDOWMENTS Donatlons and legacies Donations Grants Subscriptions 625 106,159 2,000 115,457 3,488 106,784 120,945 othèr tradlng actlvities Fundraising events Room hire 2,744 1,085 4,107 5,503 3,829 9,610 CharitablÈ activities Camping trip Youth clubs and tuck shop Grants 2,960 855 2,862 2,750 3,815 5,612 Total incoming resources 114,428 136,167 EXPENDITURE Charitable acttvities Travel Camping trip expenses Trainlng and workshops Tuck shop expenses Donation% 2,382 2,490 46,485 1,128 9,296 3,720 4,597 32,505 2,816 429 61,781 44,067 Support costs Managemènt Wages Redundancy costs Pensions Carried forward 38,531 600 3,817 42,948 29,692 289 2,228 32,209 Thls page does not form part of thè statutory financial statements Page22
Llandove . Youth and Communit Centre Detailed Statement of Finat)cial Attivit for the Year Ended 315t March 2021 31,3.21 31.3.20 Managemènt Brought forward Rates and water Insurance Light and heat Telephone and internet Postage and stationerv Sundrles Repairs and maintenance Bank Charges alld interest 42,948 327 1,537 2,166 930 4,435 356 9,316 60 32,209 221 1,799 2,273 750 1,635 318 9,737 66 62,075 49,QD8 Other Improvements to property Computer equipment 5,888 981 7,176 659 6,869 7,835 Governance tosts Wages Accountancy fÈès 2,897 1,371 1,119 4,268 1,119 Total resources expended 134,993 102,029 Net lexpenditurellincome 120,5651 34,138 This page does not form part of the statutory financial statements Page 23