2022-03-31-accounts - Llandovery Youth And Community Centre

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			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		8	to	19
Detailed Statement ofFinancial Activities		20	to	21

							31.3.22	31.3.21
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes	E	E	f	E
INCOME AND	ENDOWMENTS		FROM
Donations and	legacies			2	11,516	124,908	136,424	106,784
Charitable activities
Activities and	Events				8,490		8,490	3,815
Other trading	activities			3	6,896		6,896	3,829
Total					26,902	124,908	151,810	114,428
EXPENDITURE	ON
Raising funds				5	3,328	7,239	10,567	9,152
Charitable activities				6
Activities and	Events				36,436	109,898	146,334	118,972
Other					3,858	1,509	5,367	6,869
Total					43,622	118,646	162,268	134,993
NET INCOME/(EXPENDITURE)					(16,720)	6,262	(10,458)	(20,565)
RECONCILIATION OF FUNDS
Total funds brought		forward			172,227	7,686	179,913	200,478
TOTAL FUNDS	CARRIED FORWARD				155,507	13,948	169,455	179,913

	Balance S	heet
	31stltiiarch	022
			31.3.22	31.3.21
	Notes		8	E
FIXED ASSETS
Tangible assets	12		157,308	162,676
CURRENT ASSETS
Debtors	13		150	150
Cash at bank			15,295	19,994
			15,445	20,144
CREDITORS
Amounts falling due within one year	14		(3,298)	(2,907)
NET CURRENT ASSETS			12,147	17,237
TOTAL ASSETS LESSCURRENT LIABILITIES			169,455	179,913
NET ASSETS			169,455	179,913
FUNDS	16
Unrestricted funds			155,507	172,227
Restricted funds			13,948	7,686
TOTAL FUNDS			169,455	179,913

Freehold property	2%on cost of building
Improvements to property	10%on cost
Property fixtures 8 equipment	15%on cost
Motor vehicles	20%on cost
Computer equipment	33%on cost

						31.3.22	31.3.21
						E	E
Donations						3,714	625
Grants						132,710	106,159
						136,424	106,784
Grants received,		included		in the above, are	as follows:
						31.3.22	31.3.21
							E
Cooperative						4,803
Big Lottery	Fund					100,284	77,495
Carmarthenshire		County	Council Small Grants Fund			8,226
Charitable Aid Foundation
							1,500
Carmarthenshire		Voluntary		Services - Covid	19Fund		1,000
WCVA - Voluntary		Services		Recovery Fund		16,397	12,794
Carmarthenshire		Voluntary		Sector - Friend	in Need		2,000
Carmarthenshire		Citizen	Advice				5,000
Community	Foundation		Wales- Coronavirus		Resilience Fund		4,870
The Prince's	Countryside		Fund				1,500
Moondance	Foundation					3,000
						132,710	106,159


3.	OTHER TRADING ACTIVITIES
						31.3.22	31.3.21
						E
	Fundraising events Room hire					3,296 3,600	2,744 1,085
						6,896	3,829
4.	INCOME	FROM CHARITABLE		ACTIVITIES
						31.3.22	31.3.21
				Activity		f	E
	Camping trip Youth clubs and tuck shop			Activities and Events Activities and Events		5,160 3,330	2,960 855
						8,490	3,815
6.	RAISING	FUNDS
	Raising donations		and legacies			31.3.22	31.3.21
						E	f
	Support	costs				10,567	9,152
6.	CHARITABLE ACTIVITIES COSTS
					Direct	Support
					Costs (see	costs (see
					note 7)	note 8)	Totals
					E	E	E
	Activities and Events				69,754	76,580	146,334

DIRECT	COSTS OF CHARITABLE ACTIVITIES
		31.3.22	31.3.21
			E
Travel		2,965	2,382
Camping	trip expenses	16,562	2,490
Training	and workshops	48,875	46,485
Tuck shop expenses		1,324	1,128
Donations		28	9,296
		69,754	61,781

SUPPORT COSTS
						Governance
				Management	Other	costs	Totals
				E	f	f
Raising donations	and	legacies		10,567			10,567
Other resources expended					5,367		5,367
Activities and Events				72,294		4,286	76,580
				82,861	5,367	4,286	92,514
Support costs have been			apportioned	to raising donations	and legacies at	the following	percentages;
25'k of JTatman's	salary.
10'/o ofadministrative		expenses.
10'/o of JTatman's	salary		has also been apportioned to governance costs.
Support costs, included			in the above,	are as follows:
Management						31.3.22	31.3.21
				Raising
				donations	Activities
				and	and	Total	Total
				legacies	Events	activities	actirnties
				E	E	f	f
Wages				7,239	38,410	45,649	38,531
Redundancy costs							600
Pensions					3,877	3,877	3,817
Rates and water				34	308	342	327
Insurance				152	1,371	1,523	1,537
Light and heat				206	1,854	2,060	2,166
Telephone and internet				81	733	814	930
Carried forward				7,712	46,553	54,265	47,908

Management	-continued
					31.3.22	31.3.21
		Raising
		donations	Activities
		and	and		Total	Total
		legacies	Events E		activities E	activities f
Brought forward		7,712	46,553		54,265	47,908
Postage and	stationery	233	2,095		2,328	4,435
Advertising				44	44
Sundries		58		524	582	356
Repairs and	maintenance	2,553	22,975		25,528	9,316
Bank charges	and interest	11		103	114	60
		10,567	72,294		82,861	62,075
Other
					31.3.22	31.3.21
					Other
					resources	Total
					expended	activities
					E
Depreciation	oftangible fixed assets				5,367	6,869
Governance	costs
					31.3.22	31.3.21
					Activities
					and	Total
					Events	activities
					f	E
Wages					2,896	2,897
Accountancy	fees				1,390	1,371
					4,286	4,268

				31.3.22	31.3.21
				f
Wages and salaries				48,546	38,531
Redundancy costs Other pension costs				3,877	600 3,817
				52,423	42,948
The average	monthly	number ofemployees	during the year was as follows:
				31.3.22	31.3.21
Management	and administration			3	2

	No employees	received emoluments	received emoluments	in excess off60,000,
11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
					E	E
	INCOME AND	ENDOWMENTS	FROM
	Donations and	legacies		16,495	90,289	106,784
	Charitable activities
	Activities and	Events		3,815		3,815
	Other trading	activities		3,829		3,829
	Total			24,139	90,289	114,428
	EXPENDITURE	ON
	Raising funds			1,910	7,242	9,152
	Charitable activities
	Activities and	Events		10,188	108,784	118,972

11.	COINPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
				Unrestricted	Restricted	Total
				fund	funds	funds
				E	f	E
	Other			657	6,212	6,869
	Total			12,755	122,238	134,993
	NET INCOME/(EXPENDITURE)			11,384	(31,949)	(20,565)
	Transfers between		funds	(336)	336
	Net movement in		funds	11,048	(31,613)	(20,565)
	RECONCILIATION		OF FUNDS
	Total funds brought forward			161,179	39,299	200,478
	TOTAL FUNDS CARRIED FORWARD			172,227	7,686	179,913
12.	TANGIBLE FIXED	ASSETS
					Improvements	Property
				Freehold	to	fixtures
				property	property	&equipment
				E		E
	COST
	At 1st April 2021	and 31st March 2022		160,000	71,748	14,029
	DEPRECIATION
	At 1st April 2021				70,379	14,029
	Charge for year			3,200	1,184
	At 31st March 2022			3,200	71,563	14,029
	NET BOOK VALUE
	At 31st March 2022			156,800	185
	At 31st March 2021			160,000	1,369

12.	TANGIBLE FIXED ASSETS	TANGIBLE FIXED ASSETS	-continued
					Motor	Computer
					vehicles	equipment	Totals
					f	E	E
	COST
	At 1st April 2021 and	31st March 2022			36,722	23,516	306,015
	DEPRECIATION
	At 1stApril2021 Charge for year				36,722	22,209 984	143,339 5,368
	At 31st March 2022				36,722	23,193	148,707
	NET BOOK VALUE
	At 31st March 2022					323	157,308
	At 31st March 2021					1,307	162,676
13.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
						31.3.22	31.3.21
						E	f
	Prepayments					150	150
14.	CREDITORS: AIVIOUNTS		FALLING DUE WITHIN ONE	YEAR
						31.3.22	31.3.21
						f	6
	Trade creditors					1,033	1,084
	Social security and other Accrued expenses		taxes			1,208 1,057	862 961
						3,298	2,907
15.	ANALYSIS OF NET ASSETS BETWEEN FUNDS
						31.3.22	31.3.21
			Unrestricted		Restricted	Total	Total
			fund		funds	funds	funds
			E
	Fixed assets		157,124		184	157,308	162,676
	Current assets			399	15,046	15,445	20,144
	Current liabilities		(2,016)		(1,282)	(3,298)	(2,907)
			155,507		13,948	169,455	179,913

MOVEMENT IN	FU		NDS
									Net
									movement	At
								At 1.4.21	in funds	31.3.22
								E	E	E
Unrestricted funds
General fund								172,227	(16,720)	155,507
Restricted funds
Big Lottery Grant Rural Community		Inclusion			project			5,992 869	(4,992) (684)	1,000 185
Big Lottery Grant-			Workshop			grant		500	(500)
Comic Relief Community				Fund				325	(325)
WCVA Voluntary	Services			Recovery
Fund									12,763	12,763
								7,686	6,262	13,948
TOTAL FUNDS								179,913	(10,458)	169,455
Net movement	in	funds,		included			in the above are as follows:
								Incoming	Resources	Movement
								resources	expended	in funds
								E	E	E
Unrestricted funds
General fund								26,902	(43,622)	(16,720)
Restricted funds
Carmarthenshire		County		Council				8,227	(8,227)
Big Lottery Grant								100,284	(105,276)	(4,992)
Rural Community			Inclusion		project				(684)	(684)
Big Lottery Grant-			Workshop			grant			(500)	(500)
Comic Relief Community				Fund					(325)	(325)
WCVA Voluntary	Services				Recovery
Fund								16,397	(3,634)	12,763
								124,908	(118,646)	6,262
TOTALFUNDS								151,810	(162,268)	(10,458)

							Net	Transfers
							movement	between	At
						At 1.4.20	in funds	funds	31.3.21
						E	E	E	f
Unrestricted funds
General fund						161,179	11,384	(336)	172,227
Restricted funds
Big Lottery Grant Rural Community	Inclusion		project			36,434 1,217	(30,442) (684)	336	5,992 869
Big Lottery Grant -Workshop grant Comic Relief Community Fund						1,000 648	(500) (323)		500 325
						39,299	(31,949)	336	7,686
TOTALFUNDS						200,478	(20,565)		179,913
Comparative net	movement			in funds,	included	in the above	are as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
							E	f	f
Unrestricted funds
General fund							24,139	(12,755)	11,384
Restricted funds
Big Lottery Grant							77,496	(107,938)	(30,442)
Rural Community	Inclusion		project					(684)	(684)
Big Lottery Grant	-Workshop			grant				(500)	(500)
Comic Relief Community		Fund						(323)	(323)
WCVA Voluntary	Services Recovery
Fund							12,793	(12,793)
							90,289	(122,238)	(31,949)
TOTAL FUNDS							114,428	(134,993)	(20,565)

							Net	Transfers
							movement	between	At
						At 1.4.20	in funds	funds	31.3.22
						E	E	E	f
Unrestricted funds
General fund						161,179	(5,336)	(336)	155507
Restricted funds
Big Lottery Grant						36,434	(35,434)		1,000
Rural Community		Inclusion		project		1,217	(1,368)	336	185
Big Lottery Grant-		Workshop			grant	1,000	(1,000)
Comic Relief Community			Fund			648	(648)
WCVA Voluntary	Services			Recovery
Fund							12,763		12,763
						39,299	(25,687)	336	13,948
TOTALFUNDS						200,478	(31,023)		169,455

the above are as	f	ollows:
						incoming	Resources	Movement
						resources	expended	in funds
						E	E
Unrestricted funds
General fund						51,041	(56,377)	(5,336)
Restricted funds
Carmarthenshire	County		Council			8,227	(8,227)
Big Lottery Grant Rural Community		Inclusion		project		177,780	(213,214) (1,368)	(35,434) (1,368)
Big Lottery Grant-		Workshop			grant		(1,000)	(1,000)
Comic Relief Community			Fund				(648)	(648)
WCVA Voluntary	Services			Recovery
Fund						29,190	(16,427)	12,763
						215,197	(240,884)	(25,687)
TOTALFUNDS						266,238	(297,261)	(31,023)

		Detailed Statement
		for the Year Ended 31st March 2022
			31.3.22	31.3.21
			f	f
INCOME AND	ENDOWMENTS
Donations and	legacies
Donations			3,714	625
Grants			132,710	106,159
			136,424	106,784
Other trading	activities
Fundraising events Room hire			3,296 3,600	2,744 1,085
			6,896	3,829
Charitable activities
Camping trip Youth clubs and tuck shop			5,160 3,330	2,960 855
			8,490	3,815
Total incoming	resources		151,810	114,428
EXPENDITURE
Charitable activities
Travel			2,965	2,382
Camping trip expenses Training and workshops Tuck shop expenses Donations			16,562 48,875 1,324 28	2,490 46,485 1,128 9,296
			69,754	61,781
Support costs
Management
Wages Redundancy Pensions	costs		45,649 3,877	38,531 600 3,817
Rates and water			342	327
Insurance			1,523	1,537
Carried forward			51,391	44,812

	Detailed Statement ofFinancial Activities
	for the Year Ended 31st March 2022
		31.3.22	31.3.21
		E	E
Management
Brought forward Light and heat Telephone and internet Postage and stationery		51,391 2,060 814 2,328	44,812 2,166 930 4,435
Advertising Sundries		44 582	356
Repairs and maintenance Bank charges and interest		25,528 114	9,316 60
		82,861	62,075
Other
Freehold property Improvements to property Computer equipment		3,200 1,184 983	5,888 981
		5,367	6,869
Governance costs
Wages Accountancy fees		2,896 1,390	2,897 1,371
		4,286	4,268
Total resources expended		162,268	134,993
Net expenditure		(10,458)	(20,565)