THE YSTRADGYNLAIS MINERS WELFARE
AND COMMUNITY HALL TRUST LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
COMPANY REGISTRATION NUMBER 02865401
CHARITY COMMISSION NUMBER 1054054

THE YSTRADGYNLAIS MINERS WELFARE AND C
MMUNITY HALL TRUST LIMITED
INDEX TO THE FINANCIAL STATEM
NTS
PAGE
Legal and Administrative Details
Trustees, Report
Independent Examinels Report
Statement of Financial Activities
Balance Sheet
Notes lo the Financial Slalemenls
7-10
The following pages do not fonn part of the statutory financial statements
Trading and Profit and Loss Account
11-12

THE YSTRADGYNLAIS MINER
WELFAR
AND COMMUNITY HALL TR
ST LIMITED
LEGAL AND ADMINISTRATIVE DETAILS
TRUSTEES
Gerainl Wyn Roberts
Betty Rachel Watkins
Susan McNicholas
Pamela Roberts
Richard PG Millington
Mike Jessop
Katherine Mall Davies
Michael Jenkins Allen
Eleanor Greenwood (Appointed 1313120241
REGISTERED OFFICE..
Brecon Road
Ystradgynlais
Swansea
SA9 IJJ
COMPANY REGISTPATION NUMBER
2865401
CHARITY REGISTRATION NUMBER
1054054
INDEPENDENT EXAMINER
CISWO Trading Ltd
The Old Rectory
Re¢tory Drive
Whiston
Rotherham
S60 4JG
BANKERS
Lloyds TSB
Gorseinon Bran¢h
Swansea
Wales

THE YSTRAD
YNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The trustees (who are also dire¢tors of the Charitab￿ company} present this feport together with financial
slatements for the year ended 31 March 2024.
Ref6rnn¢e and admlnlstratlve detslls
The present membership of the Board is listed in the Legal and Adminstrative detsils page.
Structhre, governance and m•nagoment
Govemin
Document
The organisation is a charitable company limited by guarantee, incofporaled on 25 October 1993 and
gislered as a charity on 26 March 1996. The charitable company was established under a Memorandum of
Association which established the objects ar¢d powers of the charitable company and is governed under ils
Articles of Association. In the event ofthe company being wound up members a￿ required to contribute an
amount not exceeding £1.
Recruitment and a
ointment of trustees
The directors of the company are also the charity tru$tees. Trustees are appointed taking into account Ihe
skills requirement of the Board.
k Mana
ement
The trustees have considered the major strategic, business and operational risks the charity faces and
confim that syslems have been established lo monitor performance of the charity so that ne￿$S￿ry steps
can be taken lo identify, lessen and manage those iisks.
arsi
ational
The trustees delegate the day to day operats"on5 to the Welfare Hall Manager.
Objectives and Actlvltles
We continue to place stn)ng emphasis on our community, educational and cultural roots by providing
commLtnity resources and artistic programming appropriate to oijr ¢ommunity- being both challenging and
ac￿$$1b1e in our cuttural programming.
The Welfare aims to provide and support a wide range of arts, entertainment, cultural, education and
community focussed activities. Activrties which would not otherwise be provided locally,- reflect the bilingual
and ojltural diversity of the community,. are inclusNe and encourage community participation.
Ystradgynlais Town Council remain core financial supporters of our mission and we remain Arts Portfolio
Wales IAPWI clients of the Arts Council of Wales.
Financial Revlew
The results for the Chartty are included in the slatemenl of financial a¢tivitie5 on page 5.
Public beneflt
The trustee$ a￿ satisfied that the activities of Ihe charitable company are for public benefit within the
CharilFes Act 2011.

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
CONTINUED
Reserves policy
The Trustees wish lo maintain reserve levels equivalent to three months operating costs.
The trustees are aware that the reserves have fallen below this level in th@se accounts and are working
hard to ensure the feseNes are increased going forward.
Statement of Trustees. Responslbilltles
The trustees (who are also directors for the purposes of company law) are responsible for preparing the
Report of the Twstees and the finan¢i81 statements in accordance with applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under that
law the trustees have elected lo prepare Ihe financial statements in accordance with United Kingdom
Generally Accepled Accounting PractiGe (United Kingdom Accounting Standards and applicable law).
Under rnmpany law the Irustees must nol approve the financial statements unless they are satisfied
that they give a true and fair view of the state of affairs of the charitable wmpany and of the incoming
resources and application of resources. induding the income and expendilure of the charilab
company for that period. In preparing these financial statements the trustees are required to..
select suitable accounting policies and then appty them consistentty.,
observe the methods and principles in Ihe Charities SORP.,
make judgements arsd accounting estimates that are reasonable and Prudent.,
prepare the financial statements on the going concern basis unless il is inappropriate to
presume that the charitable company will continue in business.
The Irustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable company's transactions and disclose with reasonable accuracy at any time the
financial position of the charltable company and to enable them to ensure thal the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for taking reasonable steps for the prevenlion and detection of fraud and
other irregularities.
Signed on behalf of the Board of Trustees
igned - Trustee
Print Name- Trustee
..l..q.... n)OLJ......k.2
Date

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
I report to the trLtslees on my examination of the accounts of the above named charity (registered no.
1054054) for the year ended 31 March 2024, which are set out on pages 5 to 12.
Res
onsibllltles and basis of re
As the charity trustees land also the directors for the purposes of ¢ompany law) you are responsible
for the preparation of the accounts in accordance with the requifements of the Companies Act 2006
('the 2006 AGt').
Having satisfied myself that the accounts of the company are not required lo be audiled under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
your company's accounts as carried out under section 145 of the Charities Act 2011 {'Ihe 2011 Act,)
In carrying out my examination I have followed the Directions given by the Charity Commission under
section 145{5)(b) of the 2011 Act.
Inde
ndent Examiners Statement
As the chafily's income exceeded £250.000 your examiner must be a member of a body listed in Section
145 of the Act. I confirm that l am qualified to undertake the examination as l am a member of the
Institute of Chartered Accountants in England and Wales.
I have completed my examinalion. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respecl of the company as required by section 386 of the
2006 Act; or
(2) Ihe accounts do not accord with those records,. or
{3) the accounts do not comply with the accounting requirements of the 2006 Act other than any
requirement that the accounts give 'a true and fair viev¥ which is not a matter considered as part
of an independent examination., or
(4) the accounts have not been prepared in accordance with the methods and principles of Ihe
Statement of Recommended Practice for accounting and reporting by charities
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
J Wallage FCA
On behalf of CISWO (Trading) Ltd
The Old Rectory
Rèctory Drive
Whiston
Rotherham
S60 4JG
Oate

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCORPORATIN
THE INCOME AND EXPENDITURE ACCOUN
FOR THE YEAR ENDED 31 MARCH 2024
2024
Unrostri¢ted Fund
2023
Unrestricted Fund
Notè
INCOME
Trading activities within Ihé Charities objects
Bar Income
Confectionery
18,828
5,009
11,082
4,547
23,837
15,629
SeThice activities within the charities objects
Cinema income
Live event in¢ome
Room Hire
Other service Income
10,327
36,654
42,705
7,147
7,619
30,133
37,066
1.139
96,833
75.957
Other incoming resources
Grants received
Oonations
173,439
1,729
195,373
836
175,168
196.209
TOTAL INCOME
295.838
287,795
EXPENDITURE
Cost of goods in relalion to trading activities
Bar activilFes
Confectionery
9,596
3,418
6,815
2,868
13,014
9.683
Direct Charitable Expenditure
SeNice activities wilhin the charity's objects
DI￿¢1 charitable expenditure on welfare hall
73.759
229,320
58.461
192,015
303.079
250,476
Management and Administration
11
21,114
9,757
TOTAL EXPENDITURE
337,207
269,916
NET {EXPENDITURE} I INCOME
141,369)
17,879
Fund Balances at 1 April 2023
74,881
57,002
Fund Balances at 31 March 2024
33.512
74,881

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
REGISTERED NUMBER 2865401
BALANCE SHEET AS AT 31 MARCH 2024
Notes
202
2023
FIXED ASSETS
Tangible Assets
25,313
28,305
CURRENT ASSETS
Stock
Debtors and Prepayments
Cash in hand and at bank
2,249
15.174
16,937
850
20,717
55,191
34,360
76.758
CREDITORS
Amounls falling due within one year
126,161)
130,182)
NET CURRENT ASSETS
8,199
46,578
TOTAL ASSETS LESS CURRENT LIA81LITIES
33.512
74,881
TOTAL NET ASSETS
33,512
74.881
FUNDS
Unrestricted Fund
33,512
74,881
TOTAL FUNDS
33.512
74,881
For the year in question, the charitable company was entitled to exemption from an audit under seclion
477 of Ihe Companies Act 2006.
The members have not required the charilable company to obtain an audit of its accounts for the year in
question in accordance with section 476 of the Act.
The trusteesldireclors acknowledge thèir responsibilities for complying with the requirements of the
Companies Act 2006 with respect lo acGounting records and the preparation of acGounls.
The Financial Statements were approved by Ihe Trustees and signed on their behalf by..
ruslee
Dale

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
a) Basis of
aralion and assessment of
oin
concern
The financial statement5 have been prepared under the hislorlcal cost convention unless otherwise
stated in Ihe relevant notes lo these accounts. The financial statements have been prepared in
accordan￿ wlth the Statement of Recommended Practice.. Accounting and Reporting by Charities
(FRS 102) and the Charities Act 2011.
The trustees consider that there are no material unGertainlies about the Trust's ability to continue
as a going ¢oncem. The trustees have a reasonable expectation that the Trnst has adequate
reserves to continue in operational existence for the fo￿seeable fvlure. Accordingly the trustees
continue to adopt the going concem basis in the preparation of its accounts.
b) Incomin
Resourc
All incoming resources are included on the Statement of Financial Acttvities when the charity is
legally entitled to the income and the amount can be quantified with reasonable accuracy.
c) Resources Ex
ended
Expendi￿re is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category. Where cosls cannot be directty altributed to partscular
headings they have been allocated to activities on a basis consistent with the use of resources.
ible Fixed Assets
Depreciation is provided al the following annual rates in order to write off each asset
over ils estimated useful life.
Fixtures and fittings
Cinema & show equipment
250A on reducing balance basis
10¥0 on slraight line basis

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Clnema &
Theatre
Fixtures &
Show
& Heating Short Lrfe
Fittln
ui
s i￿rnont E ul
ment Assets
FIXED ASSETS
Totals
Cost
As at 1 April 2023
Additions
Disposals
50,655
129,579
74,775
4,583
259,592
As al 31 March 2024
50,655
129,579
74.775
4,583
259,592
De
recialion
As at 1 April 2023
Charge for the period
Eliminated on Disposal
As al 31 Mafch 2024
49,580
269
102,349
2.723
74,775
4,583
231.287
2,992
49.849
105,072
74,775
4,583
234,279
Net Book Values
As al 31 March 2024
806
24,507
25.313
As at 31 March 2023
1,075
27.230
28.305
The property is held under lease from Ystradgynlais Town Council. The 21 year lease dated 19th
September 1995, ran from 1st July 1994 to 30th June 2015 at a peppercom rent of £1 per annum.
A new lease was executed in Juty 2019 fof a period of 25 years commencing 1st July 2015.
No value has been ascribed lo the lease in the statutory accounts.
2024
2023
STOCK
Bar Stocks
Confectionery Slocks
Total Goods for resale
1,711
538
850
2.249
850
EBTORS
Prepayments
VAT repayable
Sales ledger
450
2,525
12,199
450
12,247
8,020
15,174
20,717

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
5. CASH AT BANK AND IN HAND
Cash in hand
Current Account
Instant Access Account
Card MaGhine
178
16,049
44
666
150
54,998
43
16,937
55.191
CREDITO
Trade creditors
PAYE
6,759
7.242
5,442
Pensions
Accruals
Grants paid in advance
3,208
2,812
13,382
2,505
14.993
26.161
30,182
(Amounts
duellPaid
In advance
1 Aprll 2023
Amounts
Amounts duel{Paid in
Rec'd in
advance)
31 March 2024 Total
GRANTS RECEIVABLE
year
Powys CC
Pavo
Arts Council of Wales
Postcode
Ystradgynlais Town Council
6,556
20.000
101.272
6,556
11,658
97,892
13,333
44,000
1,660
{10,002)
{3,380)
13.333
44.000
14,993
171,828
13.382
173,439
2024
2023
ERVICE ACTIVITIES WITHIN THE CHARITY'S
BJECTS
Cinema Hire and on-costs
Live and community events
Publi¢ty and markeling
8,339
53,731
11,689
4,869
43,802
9,790
73,759
58,461

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
DIRECT CHARITABLE EXPENDITURE ON WELFARE HALL
Salartes and wages - see nole 10
Water
Insurance
Light and Heat
Copier, Computer and Intemel costs
Repairs, Maintenance and Refuse
Laundry and Cleaning
Licences and Subscriptions
Travel, Training and other costs
Deprecialion - see note 2
177,408
605
3.718
21,724
3,616
6,173
1,160
10,379
1,547
2.992
144,563
480
3,603
20,669
3,052
5,410
2.166
9,562
2.171
359
229,320
192,015
10. STAFF COSTS
Staff costs were as follows..
Staff wages and Salaries
Pension Contributions
165,308
12,098
133,491
11,072
177,406
144,563
11. MANAGEMENT AND ADMI
ISTRATION
Postage and Telephone
Printing and stationery
Accountanting fees
Legal and Professional fees
Bank and Card Charges
5,815
1,091
887
9,999
3,322
3,864
538
853
3,502
21,114
9.757
12. CAPIT
ND RES
RVES
The company is limited by guarantee and does not have a share capital.
10

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITh HALL TRUST LIMITED
TRADING AND PROFIT AND LOSS ACCOUNT FOR THE
YEAR ENDED 31 MARCH 2024
Note
2024
2023
Sales
Income from bar activities
18,828
11,082
Less.. Cost of Goods sold
Opening Stock
Purchases
850
10.457
250
7,415
11.307
{1,711)
7.665
(850)
Less.- Closing stock
9,596
6,815
9.232
4,267
Add.. Other Tradln
Cinema
Live events including theatre
Confectionery
Room Hire
Other Trading income
Income
10,327
36,654
5,009
42.705
7,147
7,619
30,133
4,547
37,066
1,139
101,842
80,504
Less.. Cost of Goods sold
Cinema Hire and on-COSts
Live and Community Events
Confectionery
Publicity and marketing
8,339
53,731
3.418
11,689
4,869
43,802
2,868
9.790
77,177
81,329
Net surplus on other trading income
24.665
19,175
Add: Other Income
Grants receivable
Donations
173,439
1,729
195,373
836
175,168
196,209
TOTAL INCOME CARRIED FORWARD
209,065
219,651
This page does not form part of the statutory Financlal Statements
11

THE YSTRADGYNLAIS MINERS WELFARE AND COMMUNITY HALL TRUST LIMITED
TRADING AND PROFIT ANO LOSS ACCOUNT FOR THE
YEAR ENDED 31 MARCH 2024
Note
2024
2023
TOTAL INCOME BROUGHT FORWARD
209,065
219,651
Less: Ex
Salaries and wages
Pension contributions
Water
Insurance
Light and Heat
Postage and Telephone
Printing and Stationery
Accountants fees
Legal and Professional fees
Copier, computer and Internet cosls
Repairs, Maintenance and Refuse
Laundry and cleaning
Bank and Card Charges
Li¢ences and subscriptions
Travel, training and other costs
Depreciation
on8es
165,308
12,098
605
3,718
21,724
5,815
1.091
887
9,999
3,616
6,173
1,160
3,322
10,379
1,547
2.992
133,491
11,072
460
3,603
20,669
3,864
538
853
1,000
3,052
5,410
2.166
3,502
9,562
2,171
359
250,434
201,772
NET (DEFICIT) I SURPLUS
Thls page does not fomi part of the statutory Flnanclal Statements
12