COMPANY REGISTRATION NUMBER: 03219857
CIIARITY REGISTRATION IYUMBER: 11159508
Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Unaudited Financial Statements
31 July 2024
JAMES & UZZELL LTD
Chartered Certified Accountants
Axis 15, Axis Court
Mallard Way
Riverside Business Parfc
Swansca
SA7 OAJ

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by GuArantee
Finaneial Statements
Year eDded 31 July 2024
Page
TnJste¢s' allnual report (iticorporating the directoes rewt)
Indcpcndent examinevs report to the lrnste
stst¢m¢nt ot t-mancial activities (includillg inwm¢ and expenthlujr a￿OUllt)
StstemeALt of financi81 position
Notes to the f￿ancIaL statements
The folloming pages do moc form part of the finallcAal ytatements
D¢taii¢d statement of fJn&ncial activities
18
Notes to the detailed ststement of fwancial activities
19

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Trustees, Annual Report Oncorporating the Director's Report)
Year ended 31 July 2024
'Ihe trusle¢s, who are also the dire¢iors lor the PUqM)ses of company law. preseut their report the unaudited
rJllanLiul slutcm¢nts of the charity for the year ended 31 July 2024.
Reference and admiDistralive details
Registsred ¢harlty
Ty Cr(Kso (Ystrad8ydai8 & District) Ltd
Charity registration llumber
1059508
Company r¢gistrattOD number
03219857
Prlntlp21 olTice And registered
25 Heol Eglwys
Ystradgynlais
Swansea
Powys
SA9 IEY
The trustees
Mr P Morga
Mrs M Bamber
S McNi¢holas
Mrs S Price (Chair of trustees)
Mrs M E T'arcell
Ms N Ridd-Davies
Ms V Evalls
Mr R Bush
{Retired 23 Febnjary 2024)
{Retired 18 June 2024)
Co￿panY Seeretary
Mrs S McNicholas
Independent eumlner
Aliwn JayDe Uzzell FCCA

Ty Croeso (Ystradgyn12is & District) Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (￿n1￿Med)
Year ended 31 July 2024
Obje¢tives and activiti
Purposes and Aim8
The company is a clwity and exists to maintsin a day ceutre and engage in ¢harit8ble activities in order to promots th¢
relief of persons suffffling long t¢rn] or terminal illness.
Ensurimg our work delivers our aln
We review our activities each year and monitor th¢ impact of our work to ensure that we continue to fulfil our purpose
of helping p¢opl¢ affect¢d by a long tenn or tenuinal illness. We IAave r¢fetr¢d to the Charity Conunission's genernl
guidan¢¢ on public benefil wh¢J) reviewAng our aims and objwtiv¢s and the Trnst¢es consider how plwmed aotivities
will wntribute to the ainis and objectives th¢v Iw¢ set.
Tbe foeus of our work
Our main objectives for the year continued to provide supwrt to patients with long terni illness in the local community
for three days a week. The strategies we used to meet these objectAves included providing a range of services.
tn s¢tting these obj￿Ilve$ we the truSt￿S have given ¢aT¢ful ¢onsid¢r4tion to the charity ¢ommission's gen¢ral
guidance on pubhc beJi¢lit.
How our activities delfver public benefit
Ollr maia activities and who we ty to help are described below. All our Charitable activities focus on supporting
p¢ople affected by a 1008 terni ilIness and social Isolation and are undertaken to further our charitable purposes for the
public benefiL
Wbo and benefited from our servlcesy
Ty Croeso (yStradg￿1aAS & Distiict) Ltd has benefited p¢opl¢ in our l(ul aAra suffering from long t¢nn dlne5s and
sociaR Isolation.
Volunteers
The charity has a proactive group of volunteers which are vital to keep the Ty Croeso Day Hospice Clwity Shop
miillg.
Strategic report
The following wlions for achtevements and p¢rfornLaocg and fmallcxal review form tbe stratsgic report of the charity.

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Trustees, Annual Report Oncorporating the Director's Report)
Year ended 31 July 2024
Achi¢vements and performance
Ty Croeso Day Centr¢ wniinucs to serve people in the communAty who are sutrcring with long ternt ill0￿ and social
isolation. On a day to day basis we provide a place for pwplc in Similar .gituatAOllS to come and talk to raLh other.
Clients t￿e brought ill by the Ystradgynlais Community Car Scheme. We offer tsas and a two course lunch
aud wmplemcntary therdpies. whith illclude nJxssage and refiexoloLy. On alternate wecks a voluatetr comes in
offer therapies including nail filing alld light mas￿￿. Occasionally wc have som¢one in to give a talk on a range of
sllbjects.
Principal Risk and Ullfertainties
Th¢ trustees ￿tiv¢1y T¢Vi¢W ihe major risks that th¢ rhartty faces on a r¢gular basis aud or¢ establishing systems to
mitigate tIios¢ risk5. This pro¢￿5 ivwolves id¢ntifyiryg th¢ i)￿eS of risks to which th¢ Charilv is expos¢d to, prioritising
risk5 in t¢￿5 of their potential iffjpact on the Charity's oCtAviti¢s and idenlifying way8 in which the risk5 might be
mallaged. The Trustees recognise that risk ￿5¢5$￿¢01 is an ollgoing process and th¢ process will b¢ reviewed and the
qualty of assessment ¢nhanc¢d on a regular basis.
Financial review
Reserve8 Policy
Ty Cro¢so (Ystradgynl8is & District) IAd aims to build up reserv¢s in future years to enable it to contitiue and expand
the services they cutreDtly provide and develop n¢w projects in th¢ futh.
There was a £21,492 decrefise in unrestrictcd funds during the y¢ar (2023.. £15.982 decrease). At Ihe year end the
vallle of unrestrictsd funds amounted to £163.783 (2023: £185,275).
The Management Council has examitied the cknit5es requiranents for reserves in light of the main risks to the
orgADisation, and considers that the unrestricted tunds held by thc charity 3re morc than adequate to meet the wo￿lDg
¢apital requir¢ments ot'the charity il th￿￿ wac ever any si￿￿1£allt drop An the level ot"tulu￿ income.
Investment Policy
Charity has the power to make any investmcllt that the ITUStccs consider will rnost benefit the achievrffjcnÉ of the
object5 of the charity.
Most of the cbaritys fund5 ¢XCq)t for short-tcrnTr working capital requitrmeJrt arc hcld in an interest earning building
society account.
Plan3 for periods
The charity shop takings coutiJJu¢ to remain lower than was being achieved befor¢ Covid and the Cost of livitig ￿l51s.
The t￿Stee$ are however optimistic that income leve]s will improve in the future and are doing their best to get
custom¢rs into the shop and enhance takillg5.
The ¢b￿lty, plans coll￿Ulng the activities outlined above in the fortbc4)millg years subject to salisfactory fimdin8
amngements.

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Trustees, Annual Report Oneorporating the Director's Report) (conllnued)
Year ended 31 July 2024
Structurfy goverllance manAgement
Governing Doeument
The organisation is a cbaritable company limited by guarantee. incorpordted on 3rd Juty 1996 and registered as a
charity on 29th July 1996. The Qompally was established under a Memorandum of Association wbich establish¢d the
objects and powers of the charitabl¢ company and is governed under its Articles of Association. In the event of the
company beillg wound up the memb¢rs are required to contributs all amount not exceeding £1.
Recrnitm¢llt aThd Appolntment of Management Coun¢il
Th¢ directors of the cotllpany are also charity trnstees for th¢ purposes of Charity law and undw the CoMpan￿S Articles
are known as members of the m￿ageMent Council. Under the requirements ot the Memor&ndum and Atticles of
Association at ¢ach Annual General Meetin& one-third of th¢ mernbers or if their number is not thre¢ or a multiple of
tlre* then the number neBr¢st to one-third must tetiTe from office.
The members to retire by rotstion shall be those who have been longest in office since their l&%t appoint]nenL If any
members Ixcpme QT W￿¢ aPPOitited mwnbers ott th¢ same day. those to r¢tii¢ shall (unless they otherwise agr
among themselves) be deterniined by Aot.
The m¢mbers seek to ensure all appropriate combination of divers¢ skills and ￿MMUnity repr¢sentstion wxthin th¢
Manag¢ment CouJ]cil alld amorlgst the directors. lu the event of the need for a particular skill or comtnunity
representation resultiJ)g from retIrements/r￿lg￿at1Olls or cEwig¢d ¢ircumstances, individu￿5 are approached to off¢r
th¢mselves for tsusteeship andlor directorship.
Trustee Iuduction and Training
Existing trustees aireadv familiar with the weight of their responsibitities as truSt￿s, including the charity's
Memoralldum and Arti¢Les of Association, legal obligations. wrAtten ￿11¢1¢5, governanc¢ aud management.
N¢wly appoillted trustees are provid¢d with a document containing comprehensive inforniatioll about the charity and
its aims and objectives and which also widerlio¢s their obligations and legal r¢sponsibilities a5 trustees and explaills
th¢ charitys wrÉtten policies and procedures covering g(M)d governance and management.
Organwtion
The l)oard of b￿Ste¢S administers the Charity. The t￿￿te¢S meet at least six times a year to consider the activAties of the
harity and revi¢w Ats fman¢i&l position.
Risk Management
Th¢ management wuncil actively r¢vAew th¢ tnajor risks which the charity faces on & regular basis and believe tlwt
Jnainlaining the reserves at the level in the balan¢¢ sh¢e¢ combined with the annual r￿rye￿ of the controls over key
fu)anoial systems, will provide sutTicient resources iu the event of adverse conditions.
Th¢ clwity is govaned by its Articles of A￿0cl&tIon and its constitution registered under the Charities Act.
Small Conw8ny Provision5
This report has been prep&red in ￿ordanCe with the provisions applicable to companies eJAtitled to the Sm￿1
c4)mpani¢s exemption.

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by GuaraDtee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 July 2024
The ttust¢os' allnual T￿Ort and the strategic report were approved on ........... ..... ........... and signed on behalf of the
board of trustees ty.
Mr P Morga
Tn]st

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Ty Croeso (Ystradgynlais & District)
Ltd
Year ended 31 July 2024
.1 wort tu the trustees on my wffjination orth¢ fmancial statements of Ty Crucso IYstradgyDlais & DAstrACt) Ltd {'the
charityl for the yw end￿ 31 July 2024.
R￿pOnsibIlItieS and basis of report
As thc charity trustees of the cornpany (and also its directors for Ihe purp05Cs of conipany IAW) you are responsible for
thc preparation of th¢ accounts in accordance with Ihc rcquirements of thc Companies Act 2006 (the 2006 Ace).
Having satisfifyl mys¢lf that the acry)unts of the company ar¢ not requir¢d to be audited undcr Part 16 of the 2006 Act
and are eligible for itidependejjt examination. I report in T84￿ct of tryy examination of your wmpanys accounts as
7tri¢d out under scction 145 of the Ch￿riticS Act 2011 Cthe 201 E A¢t'). Jn carryAtig out my examination I have
followed the Direction5 8iv¢n by the c.harity Commission under section 145(5)(b) of thc 2011 Act.
Independent eJaJniAer'J statement
I have completed my examination. I conflltry that no matters have com¢ to my attention in connection with the
examination giving m¢ cause to believe..
accounting T¢cords were not kept in T¢spect of the charlty as required by srftion 386 of the 2006 A¢L or
the fmancial statements do Dot accord with those recoN15' or
the fuwA¢ial statements do not compty with the accounting requirernents of section 396 of the 2006 Act
other than any requirement that the accounts give 8 '1xve and faie view whicb is not a matter considered as
part of an iudependent examination. or
the fuwwial statements have not been prepared in accordance with the methods and principles of the
Statuuent of Recommended PAxctA¢e for accounting and repotting by Lharities applirable to cherities
preparing their accounts in accordance wrth th¢ Fimncial Rep)rting Stsndard appli¢able in the UK aJJd
Republic ot"Ir¢land (FRS 102).
I have no coll￿5 l￿d have come across no other m&tt¢rs in connectioll with c¥Atrnin*ion to which att¢ntion
should be drawn ill this report in order to euablc a proper uudrr5tanding of the acc4)untS to be reache¢L
Jayjje Uutll FCCA
Jndependcnt Examin¢r
Cbart¢red Certified Accountant
Axis 15. Axis Court
Mallard Way
Riversidc Business Park
Swansea
SA7 OAJ
Date...Zo-3..I<...

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 July 2024
1024
2023
Unre5tTi¢t
funds
Total funds
Total funds
Note
Income and endoivments
Donations and Icgacics
Other tradin8 activities
Investment income
15,034
27,6E6
2,627
15,034
27,616
2,627
12,648
32,359
990
Total IDeome
45,277
45277
45.997
xpendlthre
Expenditure on charitable activities
Totsl ￿penditUre
89
66.769
66,769
61.979
66.769
66.769
61,979
Net expenditure and net movement ID funds
(21,492)
(21A92)
(15.982)
Re¢onciliaiSon orrunds
Totsl funds brought forward
Total fuMd8 tarried fonvard
185,275
185275
201,257
163,783
163,783
185,275
The statement of fmatlcial aotivities includes all Bains and losses recogaised in the ye8r.
All income and expenditllre der&ve from continuing adivities.
The note5 ou pages 9 to 16 fom pArt of these finallcial 8tatrmen(

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantse
ststement of Financial Position
31 July 2024
2024
2023
Notc
Fixed 888ets
TangiThle fix¢d as5¢ts
14
73094
75,776
Current assets
Cash at batth and in h8nd
91.141
110,689
Credliors: amounts falling due wlthlD one year
Net current assets
Is
lJ52
1.190
89,889
109,499
Total as8ets I￿& current jiabilides
163,783
185,275
Net *￿ets
163,783
185.275
Funds of the ¢harity
Unrestricted fjmds
163,783
185.275
Totsl ch%rity Iiillds
16
163,783
185.275
These accounts have been prcpared in a¢cordan¢¢ with th¢ provisions applicabl¢ to sn￿ll compani¢s subjed to th¢
small companies regime and in ￿COrdanCe with FRS102 SORP.
For th¢ year ending 31 July 2024 the charity was entitled to exemption from audit Ullder section 477 of the Companies
Act 2006 relating to stllall companies.
Trnstees responsibilities:
- Th¢ Jn¢mb¢rs have not required th¢ company to obtain an audit ot. its littan¢i4l st&t¢ments tor the year in question in
accoTdan¢¢ with section 476.
The trustees acknowledge th¢ir responsibilities for cornpl)ryng WAth the requirements of the with respect to
acwuntillg records and the preparation of fmanci81 statements.
These fjnancial statements WaE approved by the board of tTUStees and authorised for issue on .......... .......
signed on behalf of the board by..
Mr8 S Priee
Truste£
Company Number: 03219857
The not&9 on pages 9 to 16 form part of these fi￿anCIAl statements.

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 July 2024
General information
Th¢ charity is a private compally limited by guaratstee, regislerd in England and Wales and a registered ¢harity
in Eogland and Wales. The address of the registered office is 25 Heol Eglwys. Ystradgyohtis, Swans¢a, Powys,
SA9 IEY. The members of tb¢ ¢ompany are the trnstees nam¢d on page l.
Jn th¢ event of the tharity being wound up, the liability in ￿SpeCt of the guarantee is limited to £1 p¢r member
of the charity. The nature of the charitys operations and principal activities those of a hospice aod charity shop.
The clwity conslityles a publtc benefit entity &$ d¢fmed by FRSIO2.
Statement of ¢ompliance
The fjnallcial statements have been prepared iu a¢cordance with Accounting and Reporting by Charities:
Statement of Recomtn¢nded Practice applicable to chorities preparing their accounts in a￿ordanCe with the
Fitwicial Reporting Staodard appIicAble in the UK and Republi¢ of Ireland issued in Ootober 2019. the
FinanciaE Reporting St8ndard applicable in th¢ United Kingdom and Republic of Ireland (FRS 102), the
ChaLities Art 2011 and the Companies Act 2006.
A¢¢ouMting poliei
Basis of prep*r*tioD
The finan¢ial statements have been prepared on the histori¢al cost basis, a& rnodified by the revaluation of
certain fmancial assets and liabiliti¢s and illvestment properties m¢asured at fair value through income or
expeoditure.
The financial statements are presented in sterliug which is the fullctional currency of the company and rounded
to the nearest £1.
These fLnan¢ial statemettts only in¢lud¢ th¢ results of the individual entity made up to 31 July 2024.
The charity has applied Update Bulletin l as published on 2 F¢bruary 2016 and does not include a cash flow
statement ou th¢ grounds thllt it is applying FRS102 Section IA.
Going concern
The fmancial s¢4i¢m¢nts have been prepaTed on a going ¢oJJ¢¢m basis as the IT￿t¢¢$ believe there no
material unC¢￿i￿tieS about the charitys ability to continue.
Debtors
Trade and other debtors are recognised at the settlement amount du¢ after ally trade discount offered.
Prepayments are valued at the amount prepaid net ot ally trade diwounts due.
Creditors and provisions
CRdÈtors and Provisions are recogttised wh¢re the charity has a present obligation resulting from a past event
that will probably ffsult in tbe transfer of funds to a third party aod th¢ amount due to settl¢ the obligation can
be llteasur¢d or estimated reliabty. Creditors and provisions are nomially T￿ogniSed al their settlement amount
after allowing tor any trade discouttts due.

Ty Croeso (YstradgynlaRS & District) Ltd
Company Limited by Guarantse
Notes to the Financlal Statements (continued)
Year ended 31 July 2024
Stock
Stock consists of items donated for r¢sal¢ or disLribution which are not included ID the fmancial statements until
they are sold.
Provisions
Provisions are Tecognised when the company has an obligation at the balance sheet dat¢ as a resuh of a past
evenL it is probable that 2n outfiow vf CCODomic bcncfits will be required in .qettlement And the amount Can be
reliably estimated.
Employee benefits
When employees havo Tcndcrcd scrvÈcc to thc charity. short-temi employee bell¢fits to which the employees are
CDtitled are reeognised at thc undi5counted arnowit ¢xpe¢ted ro be paid in exchallgc for that servi¢¢.
Oper¥dting le
Lease payments are recognis¢d a5 on ¢xp¢J]s¢ over th¢ leasc lerni on a straight-line basis. Th¢ aggregate benefrt
of lease incelltives is TecogtLis¢d as & T¢durtioJJ to ¢xp¢ns¢ over the lease ten￿ on & straight-line basis.
Judgemellts key sources of estimfttlon uncertainty
The Charity tnakes estimats5 and assumptions ￿ll￿rning the bjth. The ￿sUlting accounting estimates will, by
defmition, seldom equal the related actual results. The estimates and &8sumptions that b&ve a sigwficant risk of
causing a materlal adjllstment to the carryxng amounts of asset and liabilities within the next fllwicial year are
addressed below.
Useful ¢conoJni¢ lives of iangible asgels
The annual depreciation chorg¢ tor langible assets is sensitive to challg￿ in the estimated usehl eciMon)ic lives
and residual values of the assets. The uscful cconomic lives al￿ residual v￿ll¥S ar¢ rc-a55es5ed annually. th¢y
are amended whcll llcccs5ary to rcficct cutrent estimates, based ou technologtcal advancemenL future
investsnenLs. ernnomic utilisation and physical condition ofthe assets.
Impairnient of debtors
Th¥ ¢oinpuuy all cstfft* ot thc r¢¢overdble valu¢ of trade and other debtors. When assessing impairment
of trade othcr d¢btors, nwiagement consid¢rs la¢tors including the current credit ratillg of the debtor. th¢
ageing profAle of debtors and historical experien¢¢.
Taxation
As a charity, Ty Croeso (Ystrad&vnlais & Distsict) Ltd is exempt from tax on income and gains to the extent that
these are applid to tts charitable objects. No tax chBr8es have ￿lSen in the Ch￿lty.
Jo-

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Notes to the Financial Ststements (eondumed)
Year ended 31 July 2024
Accounting polici¢8 (crfln¥ed)
Fund Aeeollnthtg
General fuods are unrestricted funds and are available for use at the discretion of the trustees ill furtherdttce of
the general objectives of the chatity and which have not been designated for other purposes.
Desigllated tiwds comprise unrestricted tilnds that h2v¢ been set aside by the tTU5tees for particular purposes.
The aim and use of each designated fund is set out in the notes to the financial statements.
Restrlcted funds are fullds which aT¢ to be us¢d in ac4)rdance with specifjc restr&ctions Imposed by donors or
which have been raised by the charity for particular purposes. The cost of raising and administering such fund5
are charged agaijjst th¢ sp¢oific fvnd. The aim and use of each r¢strict￿ fund is sct iti the not¢s to the
tinanCi￿ statetnents.
IntomiDg resourees
All incoming resouw¢s are included in the statement of f]llancial activitA¢s when entitlemcnt has passed to the
charity. it is probabl¢ that the economic benefits associated with the trans&ction will flow to th¢ charity and the
amount b¢ reliably measured. The following $p¢cifi¢ policies are applied to particular cat¢gories of income.-
in¢ome from donations or grants is recognised wh¢n th¢r¢ is evidence ot entttlement to th¢ gitl receipt is
probable and its amount call be measured reliabty.
legacy income is reco￿lsed when receipt is probabl¢ entitlement is established.
incoJn¢ from donated goods is measured at the fair value of th¢ goods unless this is impra¢ti¢al to measure
reliably, in which case the value is derived from the cost to the donor or the estinuted ￿Sale value. Donated
lacilitie5 alld seTViC¢S ar¢ r¢cogoised in the ￿CoUnts when received it th¢ valu¢ w be reliably measured.
No amounts are included for the contrlbution ofgeneral volunteers.
income from cotrtrdcts for the supply of s¢rvic¢s is re¢ognised with th¢ delivery of ihe Cotthcted s¢rvi¢e.
This is ¢lassified as unrestrict¢d ftmds Unless there is a contractual requiT¢m¢nt for it to be spent on a
particular purpose and returned if unsp6n( ill which case it may be regarded as restricted.
interest on fi]nds held on deposit is included wben receivable and the amount can be measured reliably by
the charity. this is norn￿llY upon notification of the interest paid or payable by the Bank.
Resoyr¢es ￿p¢￿ded
Expenditure is recogttised ott an accruals basis os a li4bility is incuryed. Expenditure includes atty VAT which
cannot be tully recover¢d. and 15 cIossAfied under headings ot the st8t¢menl or t-man¢ial activities to which It
relates..
expenditure ott raistng fllnds iiicludes th¢ costs of all fundraising activities, events, non-charitsble trading
activities, and the s&i¢ of donated goods.
expenditure on ch￿7￿ble activities includes all costs incurred by a charity in undertaking activities that
turther its chan"table aims IOT the benet-rt ot'its beneticiarie4 including ihose supp)rt costs alld ￿St$ r¢latthg
to the gov¢rnaure of the charity apportioned to charitable activiti¢s.
other expenditure includes all ¢xp¢nditur¢ that is neither related to raising funds for the cllarity nor part of
its expendithre on charitable activities.
li

Ty Croeso (YstrAdgynlaRs & District) Ltd
Company Limited by Guarantee
Notes to the Finaneial Statements
Year ended 31 July 2024
Accounting policies (ethi&nutd)
Resourees ￿pended fcoRlinMed)
All costs arc allocated to expendtthre categories reflecting the use of the resource. Direct c(Jst5 attributable trj a
single activity are allocated dire¢dy tsy that activity. costs arc aprM)rtioned hehvcen activities thcy
colltribllts to ￿ a reasonablc. justifiable and consistent bA818.
Gnvtrnaure aud support ¢0sts
Support costs have been allocated between govemau¢c costs and other support. Govcmance costs comprise all
costs involving publAc accoulltsbility of the charity and its compliance wilh regulation and good prnrticc.
Support costs include centrdl functions amd have been aElocated to a¢tivity ¢ost catcgorics on a basis consisl¢nt
with the use of resources. e8 allocating property costs by floor ar¢a4 or per capit4 staff costs by the time SP¢llt
aud other costs by theiT usage.
Oper4ting leag
Ltase payments are reco8ois¢d as an exp¢nse over th¢ lease terni on a straight-line basis. The aggregat¢ benefxt
ot lease incentives is re¢o￿lS¢d as a reduction to expense over the lease terni. on a straight-lille basis.
Tall￿ble wets
Tall￿TrIe &8sets are initially recorded at cos¢ and subsequently statsd at cost le&s any accumulated depreciation
alld impainnent losses. Any tangible assets caffied at revalued amounts are recorded at th¢ fair value at tbe date
of revaluation le￿ ally $ubsequaLt accumulated dep￿ciatIon and subsequent accumulate41 impairnent losses.
An incre&se in the Ca￿1￿8 amount ot an 8ss¢t as a result ot a revaluation, is r¢cognised ift other reCOgll￿d
gains aod losw, unless it ￿erSeS a charge for impuArta¢nt that bas previously been recogois¢d as expenditure
within the 5tat¢m¢nt or riDallcTral activities. A decrease ID the callying amount of an &ss¢l as a resuk of
revaluation. is rKoguksd ill other ￿cognISed gains alld losse4 ex(yl to which it offsets any previous
revaluation gaiffj in which case the loss is shown wiihill other recognised gaills alld losses on the statement of
nancial activitics.
Depreciation
Depreciation is calculated so as to writs off the thst OT valuation of an 3&8eL less its residual valuc. over the
usethl life of that asset as follows."
Freehold t4nd & BuAldiDgs
FiXtu￿S & Fittings
oiri¢c Equipm¢nl
2•/0 per annum of NBV
150/0 pcr atinum ot NBV
15/0 per aL￿v￿ of NBV
Impairment
Assets not measured at fair value are r¢vi¢wed for any indxc8tion that the asset may be impaired at each balaa¢e
sh¢et date. If such indicati(Trn exists, the recovernble allLount of th¢ asseL or the assets cash generating unlt, is
estllnatsd and cornpar¢d to the caArying amounL Where th¢ ¢arrying a￿oUllt ￿¢¢dS its recover&bl¢ amoimL an
inwairnient loss is ￿0￿1$¢d in protit OT 1055 unl¢ss Ibe asset is caTried al a revalued amount where the
impailment loss is a r￿a￿ation decrease.
12-

Ty Croeso (Ystradgynlais & Distriet) Ltd
Company Limited by Guarantee
Notes to the Financial Statsments (eonthmvd)
Year ended 31 July 2024
Limited by Euarlllltee
The company is limited by guarantee and as sucty has no shares issued.
Don2tions and legacies
Unrestrieted Total Funds
Funds
2024
Unrestricted
Funds
Total Funds
2023
Donadons
Donations
15,034
15,034
12,518
12,518
Other donatEons and legade8
Public coAle£lion iM)xes
130
130
15.034
15.034
12,648
12.648
Other trxding activitiey
Unrestricted Total FuDds
Funds
2024
Unrestricted Total Funds
Fuiids
2023
Charity Shop Income
27.616
27,616
32.359
32.359
IDvestrnent income
UJ)restricted Totsl Futtds
Fwids
2024
Unrestricted
Fund5
Total Funds
2023
Bank interest r¢c¢ivable
2,627
2.627
990
990
Eipendithre on charitsble activities by fund type
Unrestricted Totsl Funds Unrestricted
Fulld5
2024
Funds
Total Funds
2023
Charitsble Activity
Support costs
58.989
7.780
58989
7,780
54.579
7.400
54.579
7.400
66.769
66.769
61979
61,979
Expendltttre oh rharitsble artlviile$ by Aedvlty type
Activities
undertaken
dircctly Supw)rt costs
Total funds
21124 Total fund 2023
Charitable Activity
Govemauce wsts
58.989
58,989
7,780
54,579
7.400
7.780
58,989
7,780
6Q769
61.979
13-

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
otes to the Financial Statements
Year ended 31 Juty 2024
10. Nct exp¢nditwre
Net expenditure is stated after ch￿ging/(CledItJng).
2024
2023
Depreciation of tangible fixcd assets
IW2
1.987
11. Independent examlDAtlon fe
2024
2023
Fees payabl¢ to the independent examiner for:
Independent ¢xamiuation of the financial Statements
870
12. Staff rosts
The total staff costs and employe¢ ben¢fits for the reporting period are anafysed as follows..
2024
2023
Wages and salaries
37,866
35,566
The averng¢ head count of employees during the year was 6 (2023: 6). The &v¢r&gc number of full-tirne
uivalent employees during the year is anatysed as follows."
2024
2023
No.
Number of n￿￿gem¢llt staff
Number of carei itsff
No ¢mpIO￿ rcceiv¢d enlployee benefits of More than £60.000 during the year (2023: Nil).
13. Trustee remnlleradon and expense5
There was no trustees, remull¢ratioll or other benefits for the year ended 31 July 2024 or 2023.
Th¢r¢ w¢re no trusl¢es' ewses paid for the year ended 31 Juty ?024 or 2023.
14-

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Notes to the Financial Statements {¢Mrtnued)
Year ended 31 July 2024
l& Tangible rued a88¢ts
Land and
buildings
Fixtures and
fittitigs
Equipment
Total
Co81
At l August 2023 and 31 Jnty 21124
Depreei&ilon
At l August 2023
Charge for the year
At 31 Julv 2024
103.790
19,503
520
123013
30.834
1.459
16.702
420
501
4&037
1082
32293
17,122
504
49,919
CArryillg amount
At 31 July 21J24
At 31 Juty 2023
71.497
2,381
16
73,894
75,776
72956
2,801
19
15. Creditors: Aniomnts falllng due wlthln one year
2024
2023
Accrnals and deferred Income
Social security and other tsxes
Oth¢r creditors
1,074
170
1.020
162
1252
l& AnalysL8 of eharhabk fllttds
Unrestricted fnnds
At
l August 2023
At
Transfers 31 Jpty 21124
Income
Expenditiwe
Unrestricted Funds
Desigiiated Funds
84,910
100,365
45277
{66,769)
100.365
(100.365)
163,783
185275
45.277
(66,769)
163,783
At
I Au8USt 2022
Income
Expenditure
TrAnsfers At 31 July 2023
Unrestricted Funds
Designated Funds
100,892
100,365
45,997
(61.979)
84,910
IOOJ65
201257
45,997
(61,979)
185.275
The T￿Slee3 have decided to transfer the desi￿ted fimds back to unrestiioted fllnds.
15-

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Notes to the Financial Staten)ents fcontin4ed)
Year ended 31 July 2024
17. Analysis of net assets between funds
Unxestrict¢d Total Funds
Fund5
2024
T&ngible fixed assets
Cutrent &%sets
Creditors less than l year
Net assets
73.894
91,141
{1.252)
73,894
91,141
(1252)
163,783
163,783
Unrestricted
Funds
Total Funds
?023
Tangible r￿ed &ssets
Current assets
Creditors less than l year
Iyet aS8ets
75,776
110,689
(1.190)
185,275
75.776
110,689
{1.190)
185275
l& OperatRng lease tommitinents
The total futu￿ millimum lease payments under non-¢an¢ellable opeiating leases are &s follows:
21124
2023
Not latsr tlwi l year
Later than l year and not later than 5 years
72(M)
20AOO
7,200
27,600
27,600
34,800
16-

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Management Information
Year ended 31 July 2024
The followiDg pagu do not fonn part of the financial statements.
17-

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 July 2024
2024
2023
Intome Yllld endowments
Donations legoeies
Doft)&tions
Public collection box
15,034
12,518
130
15,034
l2,648
Other trading gctsvitie8
LIMrKty Shop Income
27,616
32,359
IDvestffjellt income
Bank interest receivablc
2,627
990
Total in¢ome
45277
45,997
ExpeDditllre
Expenditur¢ ¢haTitable activities
Wages and salaries
Rent
Light and heat
Repairs end mainten3nce
Insurance
Other estsblislllllent
Other motorltravel ￿sts
Legal and professional t¢es
Telephone
Oth¢r Jfficc costs
Depreciation
Lunches & groceries
Battk Charges
Sun(tries
37,866
7200
4,098
788
1,721
1.690
5J46
1,634
613
473
1082
2,770
467
221
35.566
5.533
3,973
731
1.434
1.980
5,205
1,122
568
447
1,987
2,427
477
529
6fj769
61,979
Totsl expenditure
66,769
61,979
Net expellditsTe
{21.492)
(15,9¥2)
A8-

Ty Croeso (Ystradgynlais & District) Ltd
Company Limited by Guarantee
Notes to the Detsiled Statement of Financial Aetivities
Year ended 31 July 2024
2024
2023
Expenditu￿ on ¢b*ritsble %ctiVRties
Charitable Acthrfty
Adivilies underlakeR dtrediy
Wageslsalaries
Rent
Llgbt & heat
Rq)airs & nlaintenance
Insurance
Waste Disposal
Other motorltravel costs
Telq)bone
Other 0￿1CC costs
D¢pTe¢iation
Lunches & groceries
Bank Charges
Sundries
32J42
7,2nn
4,098
788
1,721
1,690
5946
613
473
1360
2,770
467
221
29.943
5.533
3.973
731
1.434
1,980
5,205
568
447
1,332
2.427
477
529
58.989
54,579
Gov¢rnallce costs
Wageslsalarie5
Accountancy fees
Legal and oth¢r professional f¢es
Depreciation
5,524
1,074
560
622
5.623
1,122
655
7,780
7,400
Expendfjtu￿ on charitable acttvltles
66,769
19-