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2022-03-31-accounts

PAGE
Legal and Administrative Details
Trustees'
Report
Independent
Examiner's
Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements 7-10
The following pages do not form part ofthe statutory financial statements
Trading
and Profit and
Loss Account 11-12

TRUSTEES
Geraint Wyn Roberts
Betty Rachel Watkins
Robert Glyndwr Lock
Susan McNicholas
Pamela Roberts
Richard PG Millington
Ann Soroka
Mike Jessop
Katherine
Mari Davies (Appointed
14/10/2021)
REGISTERED OFFICE: Brecon Road
Ystradgynlais
Swansea
SA9 1JJ
COMPANY REGISTRATION NUMBER 2865401
CHARITY REGISTRATION NUMBER 1054054
INDEPENDENT EXAMINER CISWO Trading Ltd
The Old Rectory
Rectory Drive
Whiston
Rotherham
S604JG
BANKERS Lloyds TSB
Gorseinon Branch
Swansea
Wales

2022 2021
Unrestricted Fund Unrestricted Fund
Note E E f
INCOME
Trading activities within the charities objects
Bar Income 3,438
Confectionery 390
3,828
Service activities within the charities objects
Cinema
income
2,951 190
Live event income 18,848 1,535
Room Hire 8,727 6,939
Other service Income 710 609
31,236 9,273
Other incoming resources
Grants received 7 169,504 165,518
Job retention
scheme
27,549 77,107
Donations 458 677
197,511 243,302
TOTAL INCOME 232,575 252,575
EXPENDITURE
Cost ofgoods in relation to trading activities
Bar activities 3,228 250
Confectionery 755 1,402
3,983 1,652
Direct Charitable Expenditure
Service activities within the charity's objects 8 57,678 14,271
Direct charitable expenditure on welfare hall 9 179,341 167,363
237,019 181,634
Management
and
Administration 14,204 5,457
TOTAL EXPENDITURE 255,206 188,743
NET (EXPENDITURE) I INCOME (22,631) 63,832
Fund Balances at 1 April 2021 79,633 15,801
Fund Balances at 31 March 2022 57,002 79,633

Cinema Cinema & Theatre Theatre
Fixtures & Show & Heating Short Life
2. FIXEDASSETS ~Fttttn
e
EcCEui ment EcCEui ment Assets Totals
F E f
Cost
As at 1 April 2021 50,655 102,349 74,775 4,583 232,362
Additions
Disposals
As at 31 March 2022 50,655 102,349 74,775 4,583 232,362
~De recietion
As at 1 April 2021 48,743 102,349 74,775 4,583 230,450
Charge for the period 478 478
Eliminated
on Disposal
As at 31 March 2022 49,221 102,349 74,775 4,583 230,928
Net Book Values
As at 31 March 2022 1,434 1,434
As at 31 March 2021 1,912 1,912
2022 2021
3. STOCKS
Goods for resale 250
4. DEBTORS
Accrued income (JRS) 5,691
VAT repayable 5,950 5,042
Sales ledger 11,533 12,767
17,483 23,500

2022 2021
f f.
5. CASH AT BANK AND IN HAND
Cash
in hand
150 500
Petty Cash 512
Current Account 64,344 58,332
Instant Access Account 43 43
64,537 59,387
6. CREDITORS
Trade creditors 11,472 3,231
PAYE 3,383
Accruals 8,078 1,935
Grants
paid
in advance 3,769
26,702 5,166
(Amounts Amounts
due)/Paid Amounts due/(Paid
in
7. GRANTS RECEIVABLE in advance Rec'd in advance)
1 April 2021
f
year
f
31 March 2022
f
Total
f
Powys CC (Arts related) 22,746 (3,769) 18,977
Powys CC (Covid related) 19,500 19,500
Arts Council ofWales 88,527 88,527
Ystradgynlais Town Council 42,500 42,500
173,273 (3,769) 169,504
2022 2021
f f
8. SERVICE ACTIVITIES WITHIN THE CHARITY'S OBJECTS
Cinema
Hire
and on-costs 6,168 1,094
Live and community events 46,309 11,295
Publicity and marketing 5,201 1,882
57,678 14,271

2022 2021
9. DIRECT CHARITABLE EXPENDITURE ON WELFARE HALL
Salaries and wages - see note 10 137,934 140,181
Water 159 141
Insurance 4,332 3,602
Light and Heat 18,307 8,325
Copier, Computer
and
Internet costs 2,174 4,045
Repairs, Maintenance and Refuse 4,711 5,995
Laundry
and cleaning
630 493
Licences and Subscriptions 9,226 3,919
Travel, Training
and other costs
1,390 25
Depreciation
-see note
2 478 637
179,341 167,363
10. STAFF COSTS
Staff costs were as follows:
Staff wages and Salaries 120,270 'I22,655
Social Security Costs 7,429 7,427
Pension
Contributions
10,235 10,099
137,934 140,181
11. MANAGEMENT
AND
ADMINISTRATION
Postage and Telephone 3,935 2,529
Printing
and stationery
319 68
Accountanting
fees
832 974
Legal and Professional fees 6,350
Bank and Card Charges 2,768 1,886
14,204 5,457

Note 2022 2021
Sales
Income from bar activities 3,438
Less: Cost ofGoods sold
Opening
Stock
250
Purchases 2,978
2,978 250
Less: Closing stock (250)
3,228 250
210 (250)
Add: Other Tradin Income
Cinema 2,951 190
Live events
including
theatre 18,848 1,535
Confectionery 390
Room Hire 8,727 6,939
Other Trading income 710 609
31,626 9,273
Less: Cost ofGoods sold
Cinema
Hire
and on-costs 6,168 1,094
Live and Community Events 46,309 11,295
Confectionery 755 1,402
Publicity
and
marketing 5,201 1,882
(58,433) (15,673)
Net (deficit) Isurplus on other trading income (26,807) (6,400)
Add: Other Income
Grants receivable 7 169,504 165,518
Job retention scheme 27,549 77,107
Donations 458 677
197,511 243,302
TOTAL INCOME CARRIED FORWARD 170,914 236,652

Note 2022 2021
TOTAL INCOME BROUGHT FORWARD 170,914 236,652
Less: Ex enses
Salaries and wages 127,699 130,082
Pension contributions 10,235 10,099
Water 159 141
Insurance 4,332 3,602
Light and Heat 18,307 8,325
Postage and Telephone 3,935 2,529
Printing
and Stationery
319 68
Reporting
Accountants
fees 832 974
Legal and Professional fees 6,350
Copier, computer
and
Internet costs 2,174 4,045
Repairs,
Maintenance
and Refuse 4,711 5,995
Laundry
and cleaning
630 493
Bank and Card Charges 2,768 1,886
Licences and subscriptions 9,226 3,919
Travel, training
and other costs
1,390 25
Depreciation 478 637
193,545 172,820
NET (DEFICIT) ISURPLUS (22,631 63,832