## **ABERMULE COMMUNITY CENTRE**
## **REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] APRIL 2025 Charity Number: 1056733**
**CADWALLADER & CO LLP Chartered Accountants EAGLE HOUSE 25 SEVERN STREET WELSHPOOL POWYS SY21 7AD**
## **ABERMULE COMMUNITY CENTRE**
## **REPORT AND FINANCIAL STATEMENTS YEAR ENDED 30[TH] APRIL 2025**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees’ Report|1|
|Independent Examiner’s Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Notes to the Financial Statements|5 – 8|
## **ABERMULE COMMUNITY CENTRE**
## **TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED 30[TH] APRIL 2025**
The Trustees of the Abermule Community Centre, who are the members of the Executive Committee, present their report and the financial statements for the year ended 30[th] April 2025.
## **CHARITABLE OBJECTIVES**
The Charity holds the leasehold of the Village Hall for the use of the inhabitants of the community of Abermule and the former civil parish of Llandyssil in the county of Powys without distinction of political, religious or other opinions including use for meetings, lectures, classes and other forms of recreation of leisure-time occupation with the object of improving the conditions of life for the said inhabitants.
## **TRUSTEES**
The Trustees who served during the year were:
J Harrison W T Jones T Wain J Rees M Hussey C Poynton H Davies K Akehurst J Stansfield S Roberts
## **ACTIVITIES and ACHIEVEMENTS**
The results of the year’s operation are set out in the attached financial statements. The net movement in unrestricted funds for the year amounted to a surplus of £83617 (2024: surplus £644).
## **STRUCTURE,GOVERNANCE AND MANAGEMENT**
Abermule Community Centre is governed by the lease documents dated 17[th] June 1996,last amended 27[th] June 2019.The trustees meet on a number of occasions through the year and are responsible for the decision making and management of the charity.Trustees are appointed annually at each AGM and can be reappointed limitless times.
## **Trustees’ Responsibilities for the Financial Statements:**
Law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees are required to:-
- select suitable accounting policies and apply them consistently;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the Charity and which enable them to ensure that the financial statements comply with Section 132 of the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of Fraud and other irregularities.
Mr W T Jones…………………………………….. 31[th] March 2026.
## **INDEPENDENT EXAMINER’S REPORT**
## **TO THE TRUSTEES**
## **OF ABERMULE COMMUNITY CENTRE**
We report on the accounts of the Charity for the year ended 30[th] April 2025, which are set out on pages 3 to 8.
## **Respective Responsibilities Trustees and Examiner**
As Trustees of the Charity, you are responsible for the preparation of the accounts; you consider that an audit is not required under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is our responsibility to:-
- Examine the accounts under section 145 of the 2011 Act
- To follow the procedures laid down in the general directions given by the Charity Commission under section 145(5) b of the Act 2011; and
- To state whether particular matters have come to our attention.
## **Basis of Independent Examiner’s Report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by The Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees of the Charity concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limit to those matters set out in the statement below.
## **Independent Examiner’s Statement**
In connection with our examination, no matter has come to our attention.
(1) which gives us reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act.
have not been met; or
- (2) to which in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
31[th] March 2026
Cadwallader & Co LLP Chartered Accountants 25 Severn Street Welshpool Powys SY21 7AD
## **ABERMULE COMMUNITY CENTRE**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 30[TH] APRIL 2025**
|**Note**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**£**
**£**
**Incoming Resources:**
Affiliation Fees
3386
Room Hire
13522
MUGA Income
Miscellaneous receipts
1188
833
Interest Received
2946
Grants from Local Authorities
8000
Capital Grants
Donations
1949
113289
Fundraising
2028
0
**Total Incoming Resources**
33852
113289
**Resources Expended:**
Direct Charitable Expenditure
3
(40744)
(22780)
**Net Outgoing Resources**
(6892)
90509
**Funds Brought Forward**
(60929)
197176
**Reallocation of funds**
196235
(78187)
**Funds Carried Forward**
128414
209498|**Total**
**£**
3386
13522
1188
833
2946
8000
113289
1949
2028
147141
(63524)
83617
136247
118048
337912|**2024**
**£**
3838
13740
0
2497
1744
8000
0
1145
1725
32689
(32045)
644
135603
0
136247|
|---|---|---|
The notes on pages 5 to 8 form an integral part of these accounts.
## **ABERMULE COMMUNITY CENTRE**
|**BALANCE SHEET AT 30TH APRIL 2025**
**2025**
**Note**
**£**
**£**
**FIXED ASSETS**
Tangible Assets
4
268669
**CURRENT ASSETS**
Debtors
5
846
Cash at Bank and In Hand
86785
87631
**CREDITORS:**
**Amounts falling due within one year**
6
18388
**NET CURRENT ASSETS/(LIABILITIES)**
69243
**NET ASSETS**
7
337912
**FUNDS**
Restricted Funds
8
209498
General Funds
9
126922
Designated Funds
10
1492
337912||**2024**
**£**
5107
102715
107822
26473
|**£**
54898
81349
136247
197176
(62421)
1492
136247|
|---|---|---|---|
|||||
## **Approved by the Trustees on 31st March 2026 and signed on their behalf: -**
Mr W T Jones ………………………………
The notes on pages 5 to 8 form an integral part of these accounts.
4
## **ABERMULE COMMUNITY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 30[TH] APRIL 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of Accounting**
The statement of accounts have been prepared in accordance with the provisions of the Charities Act 2011, the Statement of Recommended Practice Accounting by Charities and applicable accounting standards.
## **Fund Accounting**
Unrestricted funds comprise accumulated surpluses on general funds. They are available for use at the discretion of the Executive Committee in furtherance of the general charitable objectives.
Designated funds are amounts that have been set aside at the discretion of the Trustees.
The Restricted Fund represents the grant received from the National Lottery Charities Board towards the refurbishment of the property.
## **Incoming Resources**
Incoming resources represents the total income receivable during the period including grants, donations and investment income.
## **Depreciation**
Depreciation has been provided at the following annual rates in order to write off each asset over its estimated useful life:
|Leasehold Property|Over 25 years (Straight Line)|
|---|---|
|Fixtures and Fittings|15% on Cost (Straight Line)|
|Plant and Machinery|15% on Cost (Straight Line)|
|Bowling Green|4% on Cost (Straight Line)|
|All Weather Pitch and Equipment 15% on Cost (Straight Line)||
5
## **ABERMULE COMMUNITY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 30[TH] APRIL 2025**
## **2. TRUSTEES’ REMUNERATION AND REIMBURSED EXPENSES**
L Shearer a Trustees received remuneration for their services during the year was nil. (2024: nil)
No Trustees received any reimbursed expenses during the year (2024: Nil)
## **3. ANALYSIS OF TOTAL RESOURCES EXPENDED**
|Postage, Stationery and Advertising
Property Care and Repair
Insurance and Licences
Covid Expenditure
Services
Miscellaneous
Depreciation||**2025**
**£**
40
13535
1749
0
11208
2127
34865
63524||**2024**
**£**
46
11976
1611
0
7199
870
10343
32045|
|---|---|---|---|---|
||||||
## **4. TANGIBLE ASSETS**
|**All**
**Weather**
**Pitch**
**Bowling**
**Green**
**Leasehold**
**Property**
**Fixtures &**
**Fittings**
**Plant &**
**Machinery**
**£**
**£**
**£**
**£**
**£**
**COST:**
30thApril 2024
25339
218412
70396
13012
Reallocation of Grant
129526
Additions
119301
-
-
2504
8783
30thApril 2025
119301
25339
347938
72900
21795
**DEPRECIATION:**
30thApril 2024
23322
166042
70271
12626
Adjustment re Grant
11478
Charge for the year
17895
1014
13917
483
1556
30thApril 2025
17895
24336
191437
70754
14182
**NET BOOK VALUE**
30thApril 2025
101406
1003
156501
2146
7613
30thApril 2024
-
2017
52370
125
386|**Total**
**£**
327159
129526
130588
587273
272261
11478
34865
318604
268669
54898|
|---|---|
|||
The property cannot be sold for a period of 15 years without the prior written permission of the National Lottery Charities.
6
## **ABERMULE COMMUNITY COUNCIL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 30[TH] APRIL 2025**
|**5. **|**DEBTORS**||||||||
|---|---|---|---|---|---|---|---|---|
|||||||**2025**|**2024**||
|||||||**£**|**£**||
||Debtors and Prepayments|||||846|2126||
||VAT Debtor|||||-|2981||
|||||||846|5107||
|**6. **|**CREDITORS:**||||||||
|||||||£|£||
||Creditors|||||11276|19361||
||VAT on Buildings|||||2369|2369||
||Deferred funds|||||4743|4743||
|||||||18388|26473||
|**7. **|**ANALYSIS OF NET ASSETS BETWEEN**|**FUNDS**|||||||
|||||**Unrestricted**||**Restricted**|**Total Funds**||
|||||**Funds**||**Funds**|||
|||||£||£|£||
||Tangible Assets|||59171||209498|268669||
||Current Assets|||87631||0|87631||
||Current Liabilities|||(18388)||-|(18388)||
||**Total Net Assets**|||128414||209498|337912||
|**8. **|**RESTRICTED FUNDS**||||||||
|||**Opening**||
**Reallocate**||**Incoming**|**Outgoing**|**Closing**|
|||**Balance**||
**Funds**||**Resources**|**Resources**|**Balance**|
||||£||£|£|£|£|
||National Lottery Charities Board Grant|175757||(84631)|||(4590)|86536|
||Welsh FA|||||88061|(13209)|74852|
||Other grants and donations|21419||6444||25228|(4981)|48110|
|||197176||(78187)||113289|(22780)|209498|
The grant of £159,619 from the National Lottery Charities Board in 2000 has been utilised for the refurbishment of the property and to provide fixtures and fittings. The agreement with the National Lottery Charities Board contains terms and conditions which remain in place for a period of 20 years.
A further £15138 grant was received from the National Lottery Sports Council for Wales in 2002 for the work done in establishing the bowling green.
Funds of £7000 were donated by the Pantomime Society. A grant of £4000 was received from Powys County Council, under the Community Enablement Scheme, for the seating system which was undertaken in July 2004. In 2005 a grant of £8190 was received from the Arts Council, which further contributed to the cost of the seating completion.
In 2006 a further £1300 was received under the Community Enablement Scheme, together with £741 from Sportlot.
Funds from the Phys Activity Grant were received in 2008, of which £550 was restricted to be used in 2008/2009.
In 2009/2010 the play area was resurfaced at a cost of £15320, with grants received from the National Lottery Sports Council for Wales of £1000, with further grants from PCC of £7660(CESF) and £2298 (WCH Act). Additional funds of £5000 were received from the Friends of Abermule CC.
In 2021/2022 a club house was built at a cost of £55481, with grants received from the National Lottery of £42988, with further grants from the Sports Council for Wales of £6500 and £250 from the Community Council Capital Grant.
7
## **ABERMULE COMMUNITY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 30[TH] APRIL 2025**
In 2022/2023 the club house was finished with additional costs of £92933 with further grants received from the National Lottery of £56612, a further £1127 from Powys County Council and £250 from the Community Council Capital Grant.
In 2023/2024 an upgrade to Community Hall facilities was undertaken, including a new sound and lighting systems, at a total cost of £25,259, with grants of £1800 from Sports Lottery, and £19,999 from Awards for All Grant Scheme.
In 2024/2025 the All-Weather pitch was upgraded to a Muga Synthetic Turf at a cost of £119301, together with sporting equipment of £8782.Grants were received from the Welsh FA for £88061, the Sports lottery for £2500, and Montgomery Sports Council for £228.
## **9. UNRESTRICTED FUNDS**
|**NRESTRICTED FUNDS**||
|---|---|
||**£**|
|Funds Brought Forward|(62421)|
|Reallocation of funds|196235|
|Net Outgoing Resources|(6892)|
||**126922**|
|**Transfers to Designated Funds:**||
|Repairs and Maintenance|-|
## **10. DESIGNATED FUNDS**
|**DESIGNATED FUNDS**||||
|---|---|---|---|
||**Funds**|**Movement**|**Funds**|
||**B/fwd**|**In Funds**|**C/fwd**|
||**£**||**£**|
|Repairs and Maintenance|1492|**-**|1492|
8