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|---|---|---|---|
|Report ofthe Trustees||1|to 3|
|Independent
Examiner's|Report|||
|Statement ofFinancial|Activities|||
|Balance Sheet||6to7||
|Notes tothe Financial Statements||8|to 17|
|Detailed Statement ofFinancial Activities||18|io 19|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes||E|6|E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||2|57,210||57,210|39,950|
|Charitable
activities|||||||
|Promote economic and social regeneration|||||||
|ofthe community|||17,731||17,731|27,756|
|Other trading
activities||3|14,874||14,874|22,433|
|Investment
income||4|4||4|8|
|Total|||89,819||89,819|90,147|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Promote economic and social regeneration|||||||
|ofthe community|||73,053|2,610|75,663|75,231|
|NET INCOME/(EXPENDITURE)|||16,766|(2,610)|14,156|14,916|
|Transfers between funds||16|3,513|(3,513)|||
|Net movement
in funds|||20,279|(6,123)|14,156|14,916|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||557,685||642,341|627,425|
|TOTAL FUNDS CARRIED FORWARD|||577,964|78,533|656,497|642,341|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|6|6||E|
|FIXEDASSETS||||||
|Tangible assets|12|128,459||128,459|135,706|
|Investment
property|13|253,193|78,533|331,726|331,726|
|||381,652|78,533|460,185|467,432|
|CURRENT ASSETS||||||
|Debtors|14|581||581|1,757|
|Cash at bank and in hand||198,392|4,368|202,760|175,576|
|||198,973|4,368|203,341|177,333|
|CREDITORS||||||
|Amounts
falling due within one year|15|(2,661)|(4,368)|(7,029)|(2,424)|
|NET CURRENT ASSETS||196,312||196,312|174,909|
|TOTAL ASSETSLESSCURRENT||||||
|UABILITIES||577,964|78,533|656,497|642.341|
|NETASSETS||577,964|78,533|656,497|642,341|
|FUNDS|16|||||
|Unrestricted
funds||||577,964|557,685|
|Restricted funds||||78,533|84,656|
|TOTAL FUNDS||||656,497|642,341|
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||DONATI|ONS
AND LEGA|CIES|||
|---|---|---|---|---|---|
|||||2021|2020|
||||||E|
||Grants|||57,210|39,950|
||Grants received, included||in the above, are as follows:|||
|||||2021|2020|
|||||E|E|
||CRF Funding|||30,210|30,000|
||National|Lottery|||9,950|
||NPTCBC|||27,000||
|||||57,210|39,950|
|3.|OTHER TRADING ACTIVITIES|||||
|||||2021|2020|
||||||E|
||Shop income|||14,874|22,433|
|4.|INVESTMENT INCOME|||||
|||||2021|2020|
||||||F|
||Interest receivable - trading|||4|8|
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||INCOME F|ROM CHAR|ITABLE ACTIVIT|IES||||
|---|---|---|---|---|---|---|---|
||||Activity|||2021
8|2020
f|
||||Promote economic and social|||||
||Room Hire||regeneration|ofthe community|||6,112|
||||Promote economic and social|||||
||Trust Services||regeneration|ofthe community||951|2,697|
||||Promote economic and social|||||
||Rental Income||regeneration|ofthe community||15,742|16,659|
||||Promote economic and social|||||
||Sundry
Income||regeneration|ofthe community||153|2,288|
|||||||17,731|27,756|
|6.|CHARITABLE ACTIVITIES COSTS|||||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 7)|Totals|
||||||||8|
||Promote economic and||social|||||
||regeneration|ofthe community|||68,406|7,257|75,663|
|7.|SUPPORT|COSTS||||||
|||||||Support||
||||||Management|costs|Totals|
||||||F|8|F|
||Promote economic and||social|||||
||regeneration|ofthe community|||5,504|1,753|7,257|
|8.|NET INCOME/(EXPENDITURE)|||||||
||Net income/(expenditure)||is stated after charging/(crediting):|||||
|||||||2021|2020|
|||||||8|6|
||Depreciation|-owned assets||||7,471|5,591|
||Surplus on|disposal offixed assets|||||(2,128)|
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|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||8||
|Wages and salaries||||38,145|38,545|
|Other pension costs||||2,053|2,101|
|||||40,198|40,646|
|The average
monthly
number of|employees||during the year was as follows:|||
|||||2021|2020|
|Administration
and Management||||2|2|
|No employees
received emoluments||in excess of860,000.||||
|No remuneration
was paid to directors, and|||no expenses were reimbursed.|||
|No employee earned more than|860,000during the year.|||||
|COMPARATIVES FOR THE STATEMENT|||OF FINANCIAL ACTIVITIES|||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||F||6|
|INCOME AND ENDOWMENTS|FROM|||||
|Donations
and legacies|||30,000|9,950|39,950|
|Charitable
activities||||||
|Promote economic and social||||||
|regeneration
ofthe community|||27,756||27,756|
|Other trading
activities|||22,433||22,433|
|Investment
income|||8||8|
|Total|||80,197|9,950|90,147|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Promote economic and social||||||
|regenerafion
ofthe community|||67,891|7,340|75,231|
|NET INCOME|||12,306|2,610|14,916|
|Transfers between funds|||3,762|(3,762)||
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||||YSTALYFERA DEVELOPNIENTTRUST|YSTALYFERA DEVELOPNIENTTRUST|YSTALYFERA DEVELOPNIENTTRUST|||
|---|---|---|---|---|---|---|---|
|||NOTES|TO THE FINANCIAL STATEMENTS - continued|||||
||||FOR THE YEAR|ENDED 31 MARCH 2021||||
|11.|COMPARATIVES|FOR THE STATEMENT||OF FINANCIAL ACTIVITIES -continued||||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||5|5|g|
||Net movement
in funds||||16,068|(1,152)|14,9'I6|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought forward||||541,617|85,808|627,425|
||TOTAL FUNDS CARRIED||FORWARD||557,685|84,656|642,341|
|12.|TANGIBLE FIXED|ASSETS||||||
||||||Improvements|Fixtures||
|||||Freehold|to|and||
|||||property
5|properly
f|fittings|Totals
5|
||COST|||||||
||At 1 April 2020|||139,950||43,738|183,688|
||Additions|||||224|224|
||At 31 March 2021|||139,950||43,962|183,912|
||DEPRECIATION|||||||
||At 1 April 2020|||11,196||36,786|47,982|
||Charge for year|||2,799|3,094|1,578|7,471|
||At 31 March 2021|||13,995|3,094|38,364|55,453|
||NET BOOK VALUE|||||||
||At 31 March 2021|||125,955|(3,094)|5,598|128,459|
||At 31 March 2020|||128,754||6,952|135,706|
|13.|INVESTMENT PROPERTY|||||||
||FAIR VALUE|||||||
||At 1 April 2020|||||||
||and 31 March 2021||||||387,191|
||AMORTISATION|||||||
||At 1 April 2020|||||||
||and 31 March 2021||||||55,465|
||NET BOOK VALUE|||||||
||At 31 March 2021||||||331,726|
||At 31 March 2020||||||331,726|
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|DEBTORS:AMO|UNTS FALLING DUE|WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||F|6|
|Trade debtors||||346|1,212|
|Prepayments
and|accrued income|||235|545|
|||||581|1,757|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE|||YEAR|||
|||||2021
f|2020
8|
|Trade creditors||||546||
|Other creditors||||4,611|343|
|Accrued expenses||||1,872|2,081|
|||||7,029|2,424|
|MOVEMENT
IN FUNDS||||||
||||Net|Transfers||
||||movement|between|At|
|||At 1.4.20|in funds|funds|31.3.21|
||||8|6|6|
|Unrestricted
funds||||||
|General fund||172,299|16,766|7,246|196,311|
|Designated
Capital|Fund|385,386||(3,733)|381,653|
|||557,685|16,766|3,513|577,964|
|Restricted funds||||||
|Capital Restricted
National
Lottery|Fund|82,046
2,610|(2,610)|(3,513)|78,533|
|||84,656|(2,610)|(3,513)|78,533|
|TOTALFUNDS||642,341|14,156||656,497|
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|Net mo|vement
in|funds, indud|ed
in the abo|ve are as follows|:|||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted
funds||||||||
|General|fund||||89,819|(73,053)|16,766|
|Restricted funds||||||||
|Nafional|Lottery|||||(2,610)|(2,610)|
|TOTAL|FUNDS||||89,819|(75,663)|14,156|
|Compsratives
for movement|||in funds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.19|in funds|funds|31.3.20|
|||||6||6||
|Unrestricted
funds||||||||
|General|fund|||149,240|12,306|10,753|172,299|
|Designated
Capital||Fund||392,377||(6,991)|385,386|
|||||541,617|12,306|3,762|557,685|
|Restricted funds||||||||
|Capital Restricted||Fund||85,808||(3,762)|82,046|
|National|Lottery||||2,610||2,610|
|||||85,808|2,610|(3,762)|84.656|
|TOTAL|FUNDS|||627,425|14,916||642,341|
|Compar|ative
net movement
in funds,
incl|uded
in the above are as follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||6|8|6|
|Unrestricted
funds|||||
|General|fund|80,197|(67,891)|12,306|
|Restricted funds|||||
|National|Lottery|9,950|(7,340)|2,610|
|TOTAL|FUNDS|90,147|(75,231)|14,916|
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|A current ye|ar 12months
and prior|year 12months combine|d
position is as|follows:||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.4.19|in funds|funds|31.3.21|
||||E|F||
|Unrestricted|funds|||||
|General fund||149,240|29,072|17,999|196,311|
|Designated|Capital Fund|392,377||(10,724)|381,653|
|||541,617|29,072|7,275|577,964|
|Restricted funds||||||
|Capital Restricled Fund||85,808||(7,275)|78,533|
|TOTAL FUNDS||627,425|29,072||656,497|
##
|above a|
re as follows:||,
||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||6|||
|Unrestricted
funds|||||
|General|fund|170,016|(140,944)|29,072|
|Restricted funds|||||
|National|Lottery|9,950|(9,950)||
|TOTAL|FUNDS|179,966|(150,894)|29,072|
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||FOR THE YEAR ENDED|31MARCH 2021||
|---|---|---|---|
|||2021|2020|
|INCOME AND ENDOWMENTS||||
|Donations and|legacies|||
|Grants||57,210|39,950|
|Other trading activities||||
|Shop income||14,874|22,433|
|Investment
income||||
|Interest receivable - trading||||
|Charitable
activities||||
|Room Hire||885|6,112|
|Trust Services||951|2,697|
|Rental Income||15,742|16,659|
|Sundry Income||153|2,288|
|||17,731|27,756|
|Total incoming|resources|89,819|90,147|
|EXPENDITURE||||
|Charitable
activities||||
|Wages||33,145|33,545|
|Pensions||2,053|2,101|
|Rates and water||831|1,172|
|Insurance||3,566|3,551|
|Light and heat||2,001|2,069|
|Telephone||769|722|
|Postage and stationery||683|649|
|Sundries||916|389|
|Training||654||
|Cleaning||1,522|1,017|
|Repairs, renewal|&maintenance|7,150|6,380|
|Buffet and refreshments|||216|
|Photocopier leasing||657|682|
|Charity shop costs||5,751|8,807|
|Donation||1,237||
|Freehold property||2,799|2,799|
|Depreciafion
for leasehold||3,094|3,094|
|Depreciation
offixtures||1,578|2,792|
|Loss on sale oftangible fixed assets|||(2,128)|
|||68,406|67,857|
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||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|
||FOR THE YEAR ENDED 31 MARCH 2021|||
|||2021
5|2020f|
|Supportcosts||||
|Management||||
|Wages||5,000|5,000|
|Payroll fees||504|504|
|||5,504|5,504|
|Support costs||||
|Accountancy fees||1,753|1,870|
|Total resources expended||75,663|75,231|
|Net income||14,156|14,916|