Y FELIN DDWR CHARITABLE TRUST
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
CHARtTY COMMISSION NO 1054567

Y FELIN DDWR CHAIUTABLE TRUST
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR YEAR ENDED 301.11 JUNE 2024
CONTENTS
PAGE
Ti'ustees <tnd thcii. A(Ivisoi's
Ti'ustees Report
2&3
Trustees Declaration
Independent Exaininei's StateinLnt
Revenue ALLount
Net Assets Sialeinent
Notes to ihe Financial Stateiiient

Y FELIN DDWR CHARITABLE TRUST
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENED 301.11 JUNE 2024
TRUSTEES:
R K Chui'Lh
C Stephen
BANKERS.,
Bai'Llays Bciiik PIC
Ciiy ol. Cai'cli I'l. Bl'anch
Cai'(lif'l' Gi'()up ol. Bl'anches
Ci¢ I'dif'fcFI I SCJ
SOLICITOR,,
R K CliurLh
Mill BuildiiigFS
Pai'kinill
Sw(InsLa SA3 2EH
INDEPENDENT EXAMINER:
Gai'eth Tliomas
)() CJlll)11 Park Rd
Neaih

Y FELIN DDWR CHARITABLE TRUST
TRUSTEES REPORT
FOR THE YEAR ENDED 30111 JUNE 2024
The Tiust¥e% al-e pleased to pi'esent iheir annual repoi-l and financial slateInent t"oi' the year
ended 30 June 2024.
I. GENERAL INFORMATION
Y Felin Ddwr Chai'itable Trust was established by a Deed on the 27
Noveinber 1995, and
was entei'ed into the Cenli'al RegiistLI' of. Chai'ities on the 12 Api'il 1996. The puryose ol. the
Chai'ity is to un(leitake the i'estoi'alic)n ancl peimianenl l)re8ei'vation for ihL benel it ot. tlie public
enerally c)t' ThL' Mill (It Y Felin Ddwr, Pai'kinill, GowLI' anLI to pi'()niole the eduLalic)n of. Ihe
publiL cib()ut the histoi'y ol" Y Fclin Dclwi., il 12 ' C.LntUly Wdtei. i)owerecl Loi'n niill, tOgFether
wilh tliL I'ui-al ¥i'at"I woi'k%li(Ips Lslabl isliL'cl on tlie Mill sitL.
2. FINANCIAL REVIEW AND REPORT ON PUBLIC BENEFIT
The Luri'ent year Lontiiiued thL' I'LLovei'y froni tlIL impact of ihe Covid 19 PandemiL with the
M 111 sitc (IblL' tc) b¥ ()i)L'n thi-c)ugyhout tliL yLal'. Dui'iiigy Il]L' Luri'ent aLLounting year, the Cliai-ity
has L()nlinued the tti%k i)f' tl)L ui)keLI) ol. IhL" Wi)tLI'ini11 cin(I Ihe pi'c)In()li()n ol. LcluLati()niil and
othLI' visits t() Y FL'lin Ddwi.. WIILII PC)s%iblL', Tlie Ti'iist ha% c()iitinuLcl 114 pc)liLy of. sLeking
visitoi's Iroin the PLibli¢ al lai'gJL ¢iiid Ii'i)In Icifg7L'le(l %LLlc)1's ancl si)L'Lial inl¥i'L',%t gFI'c)ups. The
Ti'u%teL's h<ive usLcl tlie inc()Iiie I'L'LeivL(I li'oIn vi.4ilc)1'S iincl cloii(Ilic)ns lowai'ds IIIL LO%t ol.
arrdng?ing and promotin& gFI'OUP an(1 L'duLati()nal visits and pi'e8LivingF IIIL buildingy and
sti'uLlure ()t' Y FLlin Dclwr, DuI'ing ihL ye(Il' tuithei. w()rk was dc)nL on the pi'eservalion of tlie
Mill Building, inLlucling pl(Int and Ina¥hineiy in thL' Mill and woi'ksh(Ip%. A vai'iety of. Li'ati
w()I'ksliops wei'L held in ilie Mill Buildiii&ys lor clilli'r¢iil gii'oups ol. visitors. The Ti'ubt <ilso
pi-oinote(l %ubsidiscd vi.%il.s lo tlIL sitL by s()Li(Illy cxLILI(le(I gJi'oups by olli'ringi i-edu¥L'd oi. fi'ee
entI'y Lliai'gycb. Visil()i' nuinbei's have nol I'etui'iied t() l)I'L' P¢indeiiiiL IL vLls a,% the Cenli'e di)Ls nol
of"tL'r tlie saine levcl of aLtivitiLs. ThL' l()ss ol. visit(Ii' incuiiie i-cvenue lias not bL"Lii ds gFI'e<il as
the pi'evious yeai., As WLII <iS Vlsltoi. inL()Iiie the Tru%1 was f()ItuniilL to I'eLLivL' d()n(Iticins to
assist with day to day costs as well as gFI'ants li'om Welsh Govei'ninent ot" £7870 uiidLI' IhLii'
Events initiative ancl £4844 fi'oin the Levelling Up Fund undei. tlIL Rui'iil AnLhoi' .sLhcine set
UE) by Swansea City Council. The Tivst also benefited li'oin Ill<ltLh¢d donations received ti'oin
ilie Bigi Give oi'gani%iltic)n. Payinents ol. Lo<in intcrest and capilal were Iiiade on a loan Irom
the DevelopinLnt Bank ot. Wales.
The Trustees confirm that iliL'y have relen'ed io the Charity Cominission'8 guidanLe on public
ben¢lit when i'eviewing the Ti'ust's aims and objcLtive% in pl(Inning t"ului'e aLtivities' and
setting policy foi- thc future year. The Chai'iiy has made its facilities available for some other
charilable and local gyroups during th¢ yeai.. The Ti￿S(S mi8sicin is to pi'esLrve and intcrpret to
the widest possible audience the histoiy and hei-itagTre ot. Y Felin Ddwi. and to enrich the
visilors expei-ience with deinonstrations, talks, events and innov<itive eduLational pi-ogyi'dmmes.
New cratt experience8 were pro)Inotcd dui'in& the yeai., including tlie Gower Good Fc)cid
Project with gFI'ant funding li'oni WL'lsh CJovLmment and the Gowei" Loal" Project to focus on
Inakinby floui- to pI'oduLe the hisloriL CJOWel' Loat-Inade foi'tn a mixtui-e ot. wheal and Barley.

Repairs wei'e indde to the Mill and equipment to enhance its tlour making process, and
opei-ation ol.the othei. historic machineiy.
The Ti'ustees review the activities ol. Ihe Chai'ity agyainst its aims on an ongJoingF basis and are
satftqliecl ihat all &lCtivities continue Ici be rclatLd to ihese goals so fai. as iliey wct'e ablL during
the I'ecovery from the Pandeinic
The Trust has also woi'ked with othei. l()Liil orgianisalions to pi'oinote t"uAlher use of. the
facilities at the Centre and to L'duLdte ihe Public in ilie use of I'Lnewable enei'gy. Woi'ksliops
have been held loi. visils oi'gsc1nised by othei. SOLicil glroups and Li'allwi)I'kci's basecl al the
CL'ntre. The Centi'e lias contiiiuecl tc) supp()rt the cl¢vLlc)i)ment of a C()Ininuniiy Sc)lar P<irk ()n
land in Dunvant used foi. il% lai-liiing, loi'csliy and aiiiiii<il iiilLI'csl% iind (Il Ihe yeai. end a gyi'ant
was beinsy ai'i'angFed with Ynni Cyiiiru to develop a sincii1 local enLI'gy systL'in ai ilie Farin.
3. EXPENDITURE INCURRED
The niain operatingF cos18 Ill. IIIL Cliai'ity dui'iiigi the yeai. hclVL' I'L'latLd io thL m<inagNeiiiLnl of the
sitc, ()rby¢ini%ingF (incl adiiiinistralic)n ol. e(ILIL211ic)n<il <inLI oihei. bYI'OUI) Vl4lt8, ancl IliL Ill<iinlL'nanLe
ol. the Mill Bui Idingis. SoiiiL ExpinsL' li£15 cilso bL'Ln inLui'I'c'd in pi-()InotinLY and adv¢rti%ingy the
Mill and in pi'i)vidingi SLI-viLes t() %Llic)ol% aiid c)Iliei' g)I'()UP.% Lising iliL Mills Cli1S,ql'O()In
t"a¢ilitics. Dui'ing ihe year aclcliti()nal woi'k tc)()k plaLL iniludingy L(Ipilal exp¢nclitur¢' on the
Mill Buildingy and exliibils. ThL Ti'ubt has providLd adcliti()iial public bciiL'lit by allowing
visit% to tlie Centi-e at rL'dLILed an(1 sub%idised i'atL's c)I' enli'y foi. b()Ih Ic)C£il vibitoi's and Lertain
speLial c(IuL<lti()nal nL'L(I gyi'()ups. H istc)riL<il I'e-enii¢linLnt gyroups were al%() ollirL'd usc ol. thL
taLililiLs cind wc)I'k%li()P% (It IliL' CLnlI'L, A lew EvL'nt% WLI'L Lil%() IILld on bL'hall' ol. c)Iher l()cal
nol loi. i)I'c)lit gFI'C)Ul)s. TIIL Cliai-ily cil%() Lxpan(IL'd its Icll-iiiingy ()PLI'<ttion in Dunvanl with
aildilioniil planlingi (in(1 Lreating) ()pp()IlunitiL'S 1()I' voluIitLLI'&* to wc)I'k c)n tIiL liin(l.
4. ACCUMLATIVE SLJRPLUS
Dui'ingi tlie ye<ll' IhL Chai'ity has made a sui'plus of. iiiLome ov¥i' expenditure in the suin of.
£7510.C)4 (2(123 £3(184.48). Tliis suin will be rclaine(l and used t()wai'ds buil(lingy ancl i'epair
w()rks in IIIL iiext ¢icLounling y¢ai-,
5. BENEFITS PAID
The Charity has made iio bcnelici(Il payments oi. (lonations to anyone in its Iinancial year,
othei. Ihan Lollections for otlier charitiL's. The Cliai'ity also offei-s free or discounted u'nlry lo
Ihe Mill Buildingy to selectcd I'LLipients in lieu of a charilable bequest.
6. ORGANISATION
The Ti'ustees ai'¢ responsible for the sti'ategFiC dii'eLli()n and poliLy ot.tlie Chdrity and nieet on a
reglular basis. Day tc) day operali()ns al'e Lai'l-ied out by staff and volunteers who rcpoi'l to th¢
Ti'ust¢es. The site is marketcd as The Gower Heritagye Centi'e. Man<ig?ement serviLes were
provided by GHC (Management) Limited a conipany conli'olled by ihe Trustees and all
services were chai'gjed at a Lominei'cial market rate. The solar pai'k projeLt takes plaLe on
laiinland Lc)nti'ollcd by the Tiustces and all ti-ansaLlions in resi)ect ot" the scheme al'e at a
commercial l'ate. Sc)Ine of ihe Events, larming and aLlivities held at tlie Centi'¢ arc cai'i-ied out
by a separ(ite Ira(lingy COillEiany CJciwei- Hei'itage Ltd, which is conli-olled by the Tiustces and
any pi'ufits al-e held foi. the beIielit ol. the Ti'ust. Sepat'ate accounts al'e pi'epared loi. Gower
HeL-Itagye Ltd.

During the year the Trustees Lontinued io licencc out the Latering and oiher activities at the
Cenli'e as a Loncession t() sepai'ate and independenl It'<iclingJ LonLei'ns.
The Trustees al%() allow the Chai'it<ible Trusl to usc othei- l(Ind Lonti'olled by thein and adjacent
to the Centre foi- car parkinsi, workshops and fai'iiiiiigy at a Loininci'Lial rate.
7. TAXATION
The Charity is exeinpt fi'om taxalion.
8. AUDIT
The Charity has received incoiiie and donations ol. £1521)35.57 (2023 £138.306.91) in its
linancial year and h<iS appoiiiled an Indepen(lent Ex<iininei', Mr Gai'eth Thoinas, to exainine
tlie aclouiits ancl i-epoi't ot. the Ti-ustLLs in aLcoi'(liince with the Cjeneral Di I'eclions &>iven by the
Chai'iiy Cuininission under tlie Cliai'ities Act 1993 aiid 2(11 l .
9. EN
UIRIES
Fuiilier inf(Ii'iiialion about the Chai'iiy uan be obtained Ii'oin R K Church, SoliLiloi' at Mill
Builcling7s, Pai'kinill, Swansea SA3 2EH.
SigFnLd for and ()n belial f ol. Ilie Ti-ustees
R K CHURCH
2025
TRUSTEES DECLARATION
The acLounl set out ()n pagcs 5 & 6 foi. the finaniial yeiir ending 30 June 2024 and thc
stateinent of assets and liabilities at tliai date set out on pagye 6 <ll'e dpproved by the Tiustees.
Tliis account and statenient have been prepai'ed in accordanLe witli tlie pi'ovibions of the
Chiirities Act 201 l and ihe Chai'ities Statcment ol" ReLoinmended Pi'dctiie (SORP), usingj the
receipts and payin
basis.
Signed........
RKCHUR
Trustee authoi'iscd to sign on belialt, of all Trustees.

INDEPENDENT EXAMINERS REPORT
The Chai'ity's Ti'ustees considei. that an audit nc)t requiI'ed loi. this ye(Ir under section 144 of
the C.hai'ities Act 2011 (the Act}, and that an indepeiidenl examiniltion As needed.
It is my i'csponsibility tc):
ExaIninL thL (ILLoiints uncler section 145 01. the Act.
To t"ollow th¢ pi'()LLclurLS laicl down in Ilie Genei'al Directions given by the Chai'ity
Commissi()n (uiidLI' seLtic)n 145(5)(b) ol" Ilie ALt,), and
To stale whethei. i)ailiculai' Inatlei'8 Iiave coine l() Iiiy attention.
My exaiiiinalion was Lan'ied oiil in accoi'dance with the CJeiici'al Dii'eLtions gFiven by ihe
Chai'ity Comini.%sionLI's. An exaiiiiniltion inLlucles a i'L'viLw ol. Ihe aLLountingF I'ecords kept by
th¢ Cliarity and a Loinpui-isc)n of" tIIL' ¢lLL()unts pi-L'senl¥(I willi Ih(Ise i'eLClI'ds. It also iiicludes
consi(IL'I'alion ()I' any un115ual ileins ()I' disLlosui'es in ilie aLLount8, an(1 seekiiigl cxplanations
tr()ni IhL Ti'ustcLs LonLei-niiigy any 8uLII 111(Itlei-s. TIIL. pi'()cL'(Iui'L% unclLI-tcikL'n clo not pi'()vi(IL all
tlic LvidLiice Iliul wc)Lilcl bL' I'L'(iuirud in an auclit, (In(1 c()n%LquL'nily no c)pini()n 18 byivLn as lo
whL'thL'I' IhL (ILLC)Linl% pi-LsLnl a 'li'ue an(1 fail viL'w Liiicl the I'L'p(11l 18 liinitLcl i() th()s¥ in¢lttLI'S
set oul in ihe Stalement below.
In L()nnLction wilh my exaiiiinati()n, no maller has LomL' lo iny altenti()n.
which gvivcts InL I'ca.sonablc C¢lLlSL Ic) beliLvL th¢il in any malei'ial i'LspeLt ihe
rLqUlI'LllIL'nts lo keLp dLL()uiilingy reL()I'Ll% in aLLOI'danLe with s¢Lti()11 130 c)I' IhL' ALt;
and i() prep(Ire (ILLC)unts wliiLh ac¢()rd with tliL <iLL(iuiilingi r¥'L()i'clb iin(l io Lomply with
Ilie ilCL()unli iigy I'LqU ii'LinLnls ()I' the Ait liavL IlC)t beLn IiiL't' {)]-
to whicli, in my (Ipinion, attcnlion sliould be di'awn in oi'dei- to enable a pi'opei.
undei'standinbl ol. tliL accounts to be reaLhL'd,
SigFned.......................................................................Dale....
.2025
Cjai'eth Thomas
99 Gnc)11 Park Roa(1
Neaih

Y FELIN DDWR CHARITABLE TRUST
REVENUE ACCOUNT JUNE 2024
Year to dale Yeai. to date
2024
2023
Recei
Noles
U￿.estriCted Visiloi. Incoine ( l )
Rcsti-icted Donalions
Bank Interest
Gi'ants
Total income
12837C).35
11822.()6
18,()6
12714.60
152l)3S.57
136303.79
2000.00
3.12
0.00
138306.91
Inents
Genei'al Expens¢s
EleLtriLity/CJas
Pl<ini RLpaii' Cosl
Purcliases
TLIL'plionL'IPc)sl£igie/lT
A(Iiiiin iincl wagyL Losts
BuildingF RLpair
SLlI()ol, gFI'OUP Visit Co%ts
Guided Toui., w()i'ksliop Costs
Advertisingp Costs
B(Ink Chai'gFes,& inlei'est
Sialioneiy and printin
Pi'i)peiiy Rates and i'ents
Cleanin
Insui'dnce
Pi-otessional Fees
Aniinal cal-e Lo.sls
Previous year adjuslment
(2)
().uu
8()0(i.(10
250(1,00
8828.05
2.34(i.(i(I
3()2C)(1.72
-35553.72
i o I cj{i.{)()
)588.84
1555.()(I
1601.7(1
2000.00
7150.uo
8768.00
4300.00
()110.00
4C)58.60
0.00
100.00
7345.17
1500.00
7885 C)0
15()1).i)i)
32122,00
36259.C)C)
27(1(l.(111
10983,00
2610.00
1()82.17
2450.80
10200.00
10348.00
2200.00
300.00
4135.40
0.00
(3)
(2)
Gross Expendilui'e
Net Surplus
145424.63
7510.94
134622.43
3684.48

Y FELIN DDWR CHARITABLE TRUST
NET ASSET STATEMENT AND BALANCE SHEET
FOR THE YEAR ENDED 30111 JUNE 2024
Notes
Yeai. tci date
Year to date
2023
2024
Mill BuildingTS
Mill Plant & MdLhineiy
Fixlui'es and Fitting)s
(4)
233?84.74
73288.94
40068.47
230284.74
73?88.94
40068.47
346642.15
343642.15
Cui'i'ent As%Lts
Debtor8 ALLount
Baiik <iiid Cash
Sic)Lks
(5)
6499.96
346.40
4572.14
4()6.40
(6)
)846.36
5()()8.54
CurrL'ni LiiibililiL's
Ti'ade Credit()1'8
C¢ipilal DoIi¢Jlions
HLf Gi'anl
Solar Array Project
0.00
71143 2.(14
45000.00
.l.Q41.,J.I
0.00
76432.04
45000.00
51641.11
(7)
Total Lurrent Liabilities
173073.15
173073.15
Net Cu￿en1 Lidbilitics
(166226.79) (168004.61)
Bank Loan
17348.34
20081.46
Total Assetb less liabilities
163067.02
155556.08
Financed by
Accumulative Fund
Suiylus/Loss ALcount
Pi-evious yeai. adjusliiient
155556.08
7510.94
151871.60
3684.48
nil
Approved by tho Tiustees on
2025
CHURCH

Y FELIN DDWR CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30111 JUNE 2024
ACCOUNTING POLICIES
The FinanLial Staleinents have been prepared in aLL()I'dance with thL Lui'i'Lnt Charities
Stateinent ()f Recoiiimeiide(I Pi-£lLtiLL and ihL Cli(11-itiLS (ALLountS iind RL'porls) RegFulalic)n.s
appliLable to cliai'iliL.8 Pl'Lpai-ing tlieir aLL()unls in aLLOI-danc¢ with tlie Financial RL'poi'tin
St¢indard toi. Sniallei. Entities.
The account has beLll pi'L'pai"ed on a reLeipis and payment ba.8is and .%ummarise the
transaLlions of. tli¢ Chai'ity and ilie assets and 8liort term l i(Ibi l ilies at ihe yLai' end.
I. RECEIPTS
These represent ilie gFross ainounl8 recLived uncl acLI'uLd li'()In unresli'iLILd dc)nations and
visitoi. incoiiiL.
2. GENERAL EXPENSES
Thcsc I'clcltc to day to (l<ly gTLnci'al Qosls in pi'oviding gyuided t()ui'4 an(1 classes to visiting
sLliool byi'oupS (Ind other LLluLali()iial vi.sits.
3. BUILDINCI REPAIRS
This relatL's l() ¢xp¥nsL's inLui'i'L(l in the upkLL'p and Inainteniince ot. tlie Mill Building,
woi'kh()ps, exhibits and Coltagie at Y Felin Ddwi..
4. FIXED ASSETS
These al'e valued at aLquisition Losts plus any capiliil iinpL'ovein¢nts or adjuslments.
5. DEBTORS
This I'epi'Lsents visitoi. income due but not yet received al the yeai. end.
6. STOC.KS
This relates to ilie net ccist of. stocks ot" pi-omolional br()Lhurcs and items held dt the year end.
7. CAPITAL DONATIONS
This I'epresents donations receivecl specifically foi- the puiyoses of restc)i-ingF the buildingy fabi'ic
ol.the Mill Buildin&.