CHARrrY REGISTRATION NUMBER: 1039164 Gaynor Cemlyn Jones Trust Unaudited Financial Statements For the year ended 31 March 2025 PR HE Chartered Accountants & Chartered Tax Advisers 16 Wynnstay Road Colwyn Bay Conwy LL29 8NB
Gaynor Cemlyn Jones Trust Financial Statements Year ended 31 March 2025 Page Trustees, annual report Independent examiner's report to the Trustees Receipts and payments account Statement of assets and liabilities Notes to the financial statements
Gaynor Cemlyn Jones Trust Trustees, Annual Report Year ended 31 March 2025 The Trustees present thelr report and the unaudited finanaal statements of the Trust for the year ended 31 March 2025. Reference and administrative detalls Registered charity name Gaynor Cemlyn Jones Trust Charity registratlon number 1039164 Prlnclpal offlce 98 Deganwy Road Llandudno LL30 INA The Trustees Mrs Janet Elizabeth Lea Mr Colln Andrew Wlckens (Reslgned 15 January 2025) Mrs Jean Ellsabeth Barlow Mlss Angharad Malr Owen Admlnistrator Mrs Jean Ellsabeth Barlow Stockbroker Rathbone Investment Management Port of Llverpool Building Pler Head Llverpool L3 INW Independent Examlner Prltchett & Co Chartered Accountants & Chartered Tax Advlsers 16 Wynnstay Road Colwyn Bay Conwy LL29 8NB Bankers Natlonal Westmlnster Bank PIC 62 Mostyn Street Llandudno LL30 2SN
Gaynor Cemlyn Jones Trust Trustees, Annual Report (contlntsed) Year ended 31 March 2025 Structurei governance and management The Gaynor Cemlyn Jones Trust (Prevlously known as The Cemlyn Jones Trust) is registered wlth the Charity Commlssloners (No 1039164) and constituted by Deed of Trust. The Trust Is admlnlstered by the following Trustees; Mrs Janet Elizabeth Lea Mr Colln Andrew Wlckens (Reslgned 15 January 2025) Mrs Jean Elisabeth Barlow Mlss Angharad Malr Owen The appolntment of Trustees is govemed by the Deed of Trust. Transactions wlth Trustees The Trustees have recelved no re1mlr5eMent for expenses Incurred. The Trust Deed does glve the ablllty to relmburse should It be felt to be necessary. Mrs Jean Ellsabeth Barlow has recelved £75 a quarter as recompense for the addltlonal admln15tratlon servIS provlded, Grant maklng pollcy The Trustees revSew applicatlons made for grants and notlfy applicants following thelr revlew, Objectlves and activltles The alms and objectives of the Trust are any charitable purposes as the Trustees may from time to tlme In their absolute dlscretlon a) Conservation and protection of features of general publlc amenlty or hlstoric or publlc Interests In Wales provlded that the work of the Trustls limited to land over which publlc ac55 Is assured. b) Medical research with partlcular reference to cancer, heart dlsease, arthrltls, rheumatlsm and diabetes, the result of any such research to be dlssemlnated to the public c) Protection and welfare of anlmals and birds. d) Study and promotlon of muslc wlth partlcular reference to operatic performan. e) Actlvities and requlrements of rellglous and educatior1 bodies and Instltutions particularly those operatlng In the Countles of Conw and Gwnedd. Specific projects for the beneflt of North Wales and Anglesey are preferred to general natlonal appeals. We have referred to the guldance contained In the Charity Commission's general guldance on public benefit when reviewlng our objectives and activitles and In planning our future activitles.
Gaynor Cemlyn Jones Trust Trustees, Annual Report (contlnued) Year ended 31 March 2025 Durlng the year under consideratlon the following grants were made, totalllng £20,639 Llandudno Youth Theatre Snowdonla Slate Codl'r To Royal College of MUS and Drama Rossett Swlmming Club Bangor Cathedral Panathlon Foundatlon Butterfly Conservation Welsh Alr Ambulan Marine Conservatlon Leukaemia & Myelo Ensemble Cymru GCJ Bangor Unlverslty Award £3,500 £1,200 £1,000 £2,000 £1,089 £4,000 £600 £1,000 £1,000 £2,000 £1,000 £2,000 £250 Flnanclal revlew The Trust had Income recelpts of £32,779 and made charitable payments totalllng £33,373 (net) In the year. Investments held by the charlty have been acqulred In accordan wlth powers avallable to the Trustees. The assets of the Trust comprise a Stod( Exchange Porttollo of Investments and cash. The Trustees anticlpate that thls portfollo of Investments wlll generate Income In the reglon of £34,000 in the flnanclal year endlng 31 March 2026, The Trustees determlne the level of reserves to be held In an Investment portfollo In order to generate sufflclent income by way of dlvldend and Interest to fund the annual charltable expendlture. Rlsk management The Trustees are aware of the major operational and buslness rfsks faced by the charlty and take any precautionary actions. As part of the risk management process, the Trustees continue to strateglcally review the Investment portfolio. The Trustees. annual report was approved on .(F).l.og.1.2kA.l..... and signed on behalf of the board of Trustees by.. Mrs Jan Elizabeth Lea Chair of Trustees
Gaynor Cemlyn Jones Trust Independent Examiner's Report to the Trustees of Gaynor Cemlyn Jones Trust Year ended 31 March 2025 Responsiblllties and basls of report As the charity's tnjstees you are responsible for the preparation of the accounts In accordance wlth the requirements of the Charities Act 2011 Cthe Act?. We report in respect of our examination of the charity's accounts carried out under section 145 of the Act and in carrying out our examination we have followed all the appllcable Dlrectlons glven by the Charity Commission under section 145(5)(b) of the Act. Independent examlner's statement We have completed our examlnation. We conflrm that no material matters have come to our attention In connectbn with the examlnatlon glvlng us cause to believe that In any materlal respect: accountlng records were not kept in respect of the charlty as required by sectlon 130 of the Act; or the accounts do not accord with those records; We have no concerns and have come across no other matters In connectSon with the examlnation to whlch attention should be drawn In this rew)rt In order to enable a proper understandlng of the accounts to be reached. PR[rcHr & co Chartered Accountants & Chartered Tax Advlsers 16 Wynnstay Road Colwyn Bay Conwy LL29 8NB
Gaynor Cemlyn Jones Trust Receipts and Payments Account 31 March 2025 Totsl unrestricted fund5 Total funds Note Receipts Investment income 32,779 169,315 33,294 212,110 Sales of Investments Total ReiptS for the year Payments Grants 202,094 245,404 20,639 24,949 Accountancyi Management fees, Safe Custocty & Valuatlon Fees 12,734 12,122 Payment for Investment Assets 145,644 227,876 Total Payments for the year 179,017 264,947 Net Receiptsl(Payments) 23,077 (19,543) Reconclllatlon of funds Total funds brought forward 66,378 85,921 Net RecelptslPayments 23,077 (19,543) Total funds as at 31 March 2025 89,455 66,378 Less; Cash held as part of Investment portfolk> (39,111) (26,810) Adjusted funds as at 31 March 2025 50,344 39,568 All income and expendlture derive from continulng activitles. The note5 on page 7 to 8 form part of these financial statements.
Gaynor Cemlyn Jones Trust Statement of Assets and Liabilities 31 March 2025 2025 2024 Flxed assets Investments 1,244,368 1,254,481 Current assets Cash at bank Rathbone Income account 49,567 777 38,659 909 50,344 39,568 Creditors: amounts falllng due within one year Net current assets 60 600 49,744 1,294,112 1,294,112 38,968 1,293,449 1,293,449 Total assets less current Ilabllltlas Net assets Funds of the charlty Unrestricted funds 1,294,112 1,294,112 1,293,449 1,293,449 Totsl charlty funds These financlal statements were approved by the board of Trustees and authorlsed for Issue on cJ°,I l£AJ.&a, &-.,,, and are slgned on behalf of the board by: I C Mrs et Ellzabeth Lea Chalr of Trustees The notes on page 7 to 8 f(Km part of these finanaal statements.
Gaynor Cemlyn Jones Trust Notes to the Financial Statements (continued) Year ended 31 March 2025 General Informatlon The Trust is registered charity in England and Wales and is unincorporated. The address of the prlncipal office is 98 Deganwy Road, Llandudno, LL30 INA. Accounting pollcles Basis of preparation The flnancial statements have been prepared on the reIptS and payment5 basls under the historical cost convention as modified by the investments at market value and in accordan wlth applicable aoUntIng standards and the Statement of Recommended Practice for Charltles {SORP 2015). The flnancSal statements are prepared In sterllngi whlch Is the functlonal currency of the entity. Golng concern There are no materlal uncertalntles about the Trust's ablllty to contlnue. Investments These are stated at market value a5 quoted on the UK Strk Exchange. Cost allocatlon Costs are allocated and apportioned between varlous headlngs In accordan wlth the best estlmates of the trustees. Investment Income Total Totsl Unrestrlcted Unre5trlcted Funds 2025 Funds 2024 Gross/Net Interest Dlvldends 1,422 31,357 32,779 956 32,338 33,294
Gaynor Cemlyn Jones Trust Notes to the Financial Statements (continued) Year ended 31 March 2025 Investments 2025 2024 At l Aprll 2024 Additions at cost Dlsposals at carrylng value Investments from Trust 1,227,671 1,142,565 145,644 227,876 (169,315) (212,110) 1,204,000 1,158,331 1,257 69,340 Revaluation durlng the year At 31 March 2025 1,205,257 1,227,671 All investments shown above are held at valuatlon, 2025 2024 Investments at market value Cash held as part of investment portfollo 1,205,257 39,111 1,244,368 1,227,671 26,810 1,254,481 There are no investments held which were worth more than 5% of the total portfolio value as at 31 March 2025. Credltors: amounts falling due withln one year 2025 2024 Accruals 600 600