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|---|---|---|
|Trustees'
report||1-5|
|Statement oftrustees'|responsibilities||
|Independent
auditor's|report|7- 10|
|Statement
offinancial|activities||
|Balance sheet||12|
|Notes to the financial|statements|13-20|
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|Reference|and administrative
details|and administrative
details||||
|---|---|---|---|---|---|
|Registered|charity number||1048708|||
|Registered|company|number|03091199|||
|Registered|office||2-3Abernethy|Square||
||||Maritime
Quarter|||
||||Swansea|||
||||SA1 1UH|||
|Trustees|||Jane Davies|- appointed|23/9/21|
||||Simon Fisher - appointed||23/9/21|
||||R Device|||
||||E Bum|||
||||A Morgan|||
|Bankers|||Lloyds Bank|||
||||802 Oxford Street|||
||||Swansea|||
||||SA1 3AF|||
|Auditors|||Azets Audit Services|||
||||Ty Derw|||
||||Lime Tree Court|||
||||Cardiff Gate|Business Park||
||||Cardiff|||
||||CF23 8AB|||
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2021|2020|
|||Notes|6|f|
|Income from:|||||
|Donations
and legacies|||9,000|26,003|
|Charitable
activities|||46,330|38,261|
|Investments|||4|14|
|Total income|||55,334|64,278|
|~E*
Cht|||||
|Charitable
activities||6|47,694|40,261|
|Net income for the year/|||||
|Net movement|in funds||7,640|24,017|
|Fund balances|at 1 September 2020||114,830|90,813|
|Fund balances|at 31August 2021||122,470|114,830|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|6||6||
|Fixed assets||||||||
|Tangible assets|||12||||1,750|
|Current assets||||||||
|Debtors|||13|94,965||96,004||
|Cash at bank|and in|hand||34,035||29,679||
|||||129,000||125,683||
|Creditors: amounts||falling due within||||||
|one year|||14|(6,530)||(12,603)||
|Net current assets|||||122,470||113,080|
|Total assets|less current liabilities||||122,470||114,830|
|Income funds||||||||
|Unrestricted|funds||||122,470||114,830|
||||||122,470||114,830|
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||Accounting
policies||(Continued)|(Continued)|(Continued)|
|---|---|---|---|---|---|
|1.6|Expenditure|||||
||Expenditure
is recognised
once there is a legal or constructive
obligation
to make a payment|||to a third||
||party,
it is probable
that settlement
will be required
and the amount
of the obligation||can be|measured||
||reliably.|||||
||Expenditure
on charitable
activities
includes
all costs relating
to the|furtherance
of the|charity's|objectives||
||as stated
in the trustees
report and their associated
support costs.|||||
||Support
costs have
been
allocated
between
governance
costs and
other support.||Governance||costs|
||comprise
all costs involving
public accountability
ofthe charity and its compliance
with||regulation|and|good|
||practice.|||||
||Irrecoverable
VAT is charged as acost against the activity for which|the expenditure
was incurred.||||
|1.6|Tangible fixed assets|||||
||Tangible fixed assets are initially
measured
at cost and subsequently|measured
at cost or valuation,
net of||||
||depreciation
and any impairment
losses.|||||
||Depreciation
is recognised
so as to write off the cost or valuation
ofassets less their||residual
values||over|
||their useful
lives on the following bases:|||||
||Play Equipment
25%|||||
||The gain or loss arising
on the disposal
of an asset is determined|as the difference
between||the|sale|
||proceeds and the carrying
value ofthe asset, and is recognised
in net income/(expenditure)
for the year.|||||
|1.7|Impairment
offixed assets|||||
||At each reporting
end date, the charity
reviews
the canying
amounts
of its tangible||assets to|determine||
||whether
there is any indication
that those assets have suffered
an|impairment
loss. If|any such|indication||
||exists, the recoverable
amount ofthe asset is estimated
in order to determine
the extent ofthe impairment|||||
||loss (ifany).|||||
|1.8|Cash and cash equivalents|||||
||Cash and cash equivalents
include cash
in hand,
deposits
held at|call with banks,
other short-term|||liquid|
||investments
with
odiginal
matudities
of three
months
or less, and|bank overdrafis.
Bank overdralts|||are|
||shown
within borrowings
in cunent liabilities.|||||
||Financial
instruments|||||
||The chanty
has elected to apply the provisions
of Section 11 'Basic|Financial
Instruments'
and Section 12||||
||'Other Financial
Instruments
Issues' ofFRS 102to all of its financial|instruments.||||
||Financial
instruments
are recognised
in the charity's
balance sheet|when the charity becomes party to the||||
||contractual
provisions
ofthe instrument.|||||
||Financial assets and liabilities are offset, with the net amounts
presented
in the financial statements,||||when|
||there is a legally enforceable
right to set offthe recognised
amounts|and there is an intention to settle|||on a|
||net basis or to realise the asset and settle the liability simultaneously.|||||
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|3|Donations|and legacies|||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2021|2020|
||||6|5|
||Donations|and gifts|5,000|16,003|
||COVID-19|funding|4,000|10,000|
||||9,000|26,003|
||Donations|and gifts|||
||Gift Aid|||16,003|
||Other||5,000||
||||5,000|16,003|
|4|Charitable|activities|||
||||UnrestrictsdUnrestricted||
||||funds|funds|
||||2021|2020|
||||6||
||Rent charges||42,255|37,305|
||Other income||4,075|956|
||||46,330|38,261|
|5|Investments||||
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2021|2020|
||||6|6|
||Interest receivable||4|14|
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|||2021|2020f|
|---|---|---|---|
|Depreciation|and impairment|1,750|2,625|
|Communal|events|1,776|249|
|Ground rent||1|3|
|Landscape|maintenance|24,183|11,455|
|Management|fee|2,025|7,677|
|Postage|||52|
|Repairs and maintenance||2,529|928|
|Tree inspection
and maintenance||1,350|7,110|
|Village hall|administration|666|1,291|
|Village hall|electricity|2,067|2,602|
|Village hall|insurance|2,130|1,950|
|Village hall|maintenance|4,362|1,653|
|Sundry expenses||414|147|
|Village hall water rates||126|239|
|||43,379|37,981|
|Grant funding ofactivities (see note 7)|||150|
|Share ofgovernance
costs (see note 8)||4,315|2,130|
|||47,694|40,261|
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|||Support|Governance|2021|Support|Governance|2020|
|---|---|---|---|---|---|---|---|
|||costs|costs||costs|costs||
|||6|6|6||||
|Audit fees|||4,155|4,155||1,970|1,970|
|Trustees insurance|||160|160||160|160|
||||4,315|4,315||2,130|2,130|
|Analysed|between|||||||
|Charitable|activities||4,315|4,315||2,130|2,130|
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|2021|2020|
|---|---|
|Number|Number|
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|12|Tangible fixed assets|Tangible fixed assets|Tangible fixed assets|||
|---|---|---|---|---|---|
||||||Play Equipment|
||||||6|
||Cost|||||
||At 1 September 2020||||10,500|
||At 31August|2021|||10,500|
||Depreciation|and impairment||||
||At 1 September 2020||||8,750|
||Depreciation|charged|in the year||1,750|
||At 31 August|2021|||10,500|
||Carrying
amount|||||
||At 31 August|2020|||1,750|
|13|Debtors|||||
|||||2021|2020|
||Amounts
falling due||within one year:|||
||Trade debtors|||76,685|63,369|
||Other debtors|||16,919|29,148|
||Prepayments|and accrued income||1,361|3,487|
|||||94,965|96,004|
|14|Creditors: amounts||falling due within one year|||
|||||2021|2020|
|||||F|6|
||Trade creditors|||2,828|10,665|
||Other creditors|||102||
||Accruals and|deferred|income|3,600|1,938|
|||||6,530|12,603|
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|15|Analysis ofnet assets between|funds||||
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2021|2020|
|||||6|f|
||Fund balances at 31August 2021|are represented|by:|||
||Tangible assets||||1,750|
||Current assets/(liabilities)|||122,470|113,080|
|||||122,470|114,830|
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