REGISTERED COMPANY NUMBER: 03280924 (England and Wales) REGISTERED CHARITY NUMBER: 1060770
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
Canolfan Felin Fach Centre Limited
Gwyn Thomas and Co Limited 1 Thomas Buildings New Street Pwllheli Gwynedd LL53 5HH
Canolfan Felin Fach Centre Limited
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 13 |
| Detailed Statement of Financial Activities | 14 | to | 15 |
Canolfan Felin Fach Centre Limited
for the Year Ended 31 March 2023
Report of the Trustees
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Principal Activities and Objectives
The centre provides resources for a wide range of groups and agencies (meeting rooms , counselling rooms , office space and equipment , information base etc.) . These are involved with mental health , substance abuse , homelessness , domestic abuse , relationship problems , bereavement counselling , probation service and so on . We are a well-established and key resource for these groups and agencies that enables them to provide their services on a local level . These groups are a mix of statutory agencies , third sector organisations , mutual support groups , housing agencies , counselling services etc.
We continue to offer direct support for individuals who present at the Centre in crisis and/or requiring further information and immediate support. Lunch is provided on 3 days per week and the drop-in continues to be open for 4 out of 5 days , although we have seen a significant drop in individuals attending the Centre via this service . The service has developed and we have targeted interventions and activities available to individuals every day of the week . We encourage attendees to engage in a specific activity and the numbers to these targeted activities have been high . We have an ICAN Mental Health Occupational Therapist working at the Centre as part of a pilot scheme in partnership with BCUHB, who sees patients on an appointment basis booked by Canolfan Felin Fach staff. To date(October 2023) over 50 patients have been seen by the occupational therapist at the centre and all appointments are fully booked .
Support from the local community :
We receive a food donation from ALDI on a weekly basis, food received supports the luncheon provided on 3 days per week .
Public benefit
Having considered the Charity Commission guidance regarding public benefit we are satisfied that the charity's activities during the year , as described , satisfy the test .
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Centre continues to receive a high volume of attendees and continues to support our community to the tune of 500 interventions per month. The Centre is developing a range of activities and is working with established and new partners such as McMillan, Coleg Meirion Dwyfor and BCUHB's Integrated Autism Service to name a few . The kitchen has been awarded a 5 star food hygiene rating by Cyngor Gwynedd and is a resource available for hire to the wider community .
The Centre continues to deliver ICAN services , receiving referrals from a host of stakeholders which include GPs , the Community Mental Health Team, Housing Associations, the food bank and DWP. Interventions include one to one support either face to face or over the telephone or structured groups such as the quilting group and support groups such as AA and emotional support groups .
Cyngor Gwynedd contribute as core funders but also through two grants - the Community Hub fund (£27,000) to support individuals who are struggling due to cost of living pressures resulting from the recent pandemic and food/fuel poverty .Additional funding of £8,333 was received from Cyngor Gwynedd targeted specifically to support the purchase of sanitary products, to target issues surrounding homelessness and to purchase food via vouchers and meals.
The Centre continues to provide a holistic person centred approach to improve mental and physical health and wellbeing.
FINANCIAL REVIEW
Financial position
The centre manager will continue to identify efficiency savings within the budget and seek funding from other sources . The excess income over expenditure this year amounted to £66,277 . There are unrestricted reserves of £572,755 and restricted reserves of £39,287 at the year end .
Page 1
Canolfan Felin Fach Centre Limited
for the Year Ended 31 March 2023
Report of the Trustees
FINANCIAL REVIEW
Reserves policy
The Charity has adopted a reserves policy . The company will endeavour to achieve a minimum reserve equivalent to three months running costs .
Risk Management
The trustees have a risk management strategy , which comprises :
-
Annual review of the risks the company may face
-
Systems and procedures to mitigate any risks that are identified , and
-
Implementation of procedures designed to minimize any potential impact on the company should those risks materialise .
A key element of financial risk is the setting of a reserves policy and it's regular review by the trustees .
The main perceived financial risk to the company would be the withdrawal of the revenue funding for carrying out and developing the centre's work effectively . The risk is minimised by ensuring that the company's activities continue to comply with the funder's criteria for funding received , this is done by maintaining links with funders and providing relevant reports as required .
FUTURE PLANS
Canolfan Felin Fach will continue to deliver existing support but will include the additional resources in 2023/24 :
Develop Y Pantri - source and prepare food parcels which will include 10 basic items for a cost of £3.50 to aid food poverty and additional vouchers redeemable at high street stores and supermarkets.
One member of staff is currently attending a nutrition course delivered by BCUHB dieticians and nutritionists to aid the production of healthy and nutritious meals available on three days a week at the centre,
Develop a health and wellbeing Thursday service - staff will soon be accessing BCUHB delivered training in taking blood pressure , checking oxygen levels, weight and heart rates and supporting individuals who need a regular health check referred to the centre by local GPs.
The Centre will offer a clinical space (with laminate flooring and sink)to enable clinicians to hire the centre and to see patients in the community.
Develop a postvention service (support after suicide) in partnership with the CPJ Foundation. Staff will be trained to support individuals at risk of suicide and to support families and friends of individuals who have taken their own lives. One member of staff is planning to offer an anxiety support group.
Plans are also underway to prepare a joint bid to CFP and the National Lottery for a grant to carry out essential structural exterior work on the building. Wakemans are preparing a cost analysis and brief to support the grant applications. In addition to the structural and exterior work the grant will cover developing waste land at the back of the building to house an additional building which may offer a mending and recycling service (for tools and other appliances) to encourage individuals to engage whilst offering a valid service to the community.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Canolfan Felin Fach Centre Limited is a company limited by guarantee , governed by it's Memorandum and Articles of Association dated 20 November 1996 . It is registered as a charity with the Charity Commission . Membership of the company is open to all interested parties over the age of 18 , in particular service users , participating groups and agencies .
Canolfan Felin Fach has a board of directors who meet on a bi-monthly basis and an AGM will be held in November each year.
Page 2
Canolfan Felin Fach Centre Limited
for the Year Ended 31 March 2023
Report of the Trustees
STRUCTURE, GOVERNANCE AND MANAGEMENT Charity constitution
The Board of Trustees is made up of seven local individuals , whom have either a business background or are ex service users .
The Centre manager is directly accountable to the Board and acts as Company Secretary on its behalf . The manager has responsibility for direct line management of staff and volunteers , budget management , strategic development plans , securing and maintaining funding and contracts , overseeing health and safety requirements and operational policies as well as any other tasks and duties relating to the smooth day to day running of the centre , including plans for the future . We have a small team of appropriately qualified and trained workers who have been carefully selected to ensure the best quality of service is offered . All paid staff are fluent in Welsh and English and are able to fully engage with the service users . The qualified staff look after the needs of the service users .
Staff
Chief Executive Officer - 5 days core staff Centre Manager - 5 days - ICAN core plus additional funds via BCUHB ICAN connector pot 2 Support Staff - 5 days, 1 x core & 1 x The Steve Morgan Foundation 3 years' funding ending December 2024 1 Support Staff - 4 days core Centre receptionist - 5days core Handyman - 5 days core Finance officer - freelance
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
03280924 (England and Wales)
Registered Charity number
1060770
Registered office
Mount Pleasant Stryd Penlan Pwllheli Gwynedd LL53 5DE
Trustees
J H R Fawcett P D Hearth (resigned 16.2.23) Mrs T A E Roberts G Roberts Ms S A Summers (resigned 16.2.23) S A M Taylor (resigned 16.2.23) M E Trappe (appointed 16.2.23) D G Morley (appointed 16.2.23) L M Thomas (appointed 16.2.23)
Company Secretary
M W Evans
Independent Examiner
Gwyn Thomas Gwyn Thomas and Co Limited 1 Thomas Buildings New Street Pwllheli Gwynedd LL53 5HH
Page 3
Canolfan Felin Fach Centre Limited
for the Year Ended 31 March 2023
Report of the Trustees
Approved by order of the board of trustees on 2 November 2023 and signed on its behalf by:
J H R Fawcett - Trustee
Page 4
Independent Examiner's Report to the Trustees of Canolfan Felin Fach Centre Limited
Independent examiner's report to the trustees of Canolfan Felin Fach Centre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 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.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Gwyn Thomas The Institute of Chartered Accountants in England and Wales
Gwyn Thomas and Co Limited
1 Thomas Buildings New Street Pwllheli Gwynedd LL53 5HH
6 November 2023
Page 5
Canolfan Felin Fach Centre Limited
Statement of Financial Activities for the Year Ended 31 March 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 211,825 Charitable activities Supporting the Community 25,565 Investment income 2 776 Total 238,166 EXPENDITURE ON Charitable activities Supporting the Community 138,509 Cost of Generating Voluntary Income 46,667 Total 185,176 NET INCOME 52,990 Transfers between funds 11 39,287 Net movement in funds 92,277 RECONCILIATION OF FUNDS Total funds brought forward 519,766 TOTAL FUNDS CARRIED FORWARD 612,043 |
Restricted funds £ 93,000 - - 93,000 67,437 12,275 79,712 13,288 (39,287) (25,999) 25,999 - |
31.3.23 Total funds £ 304,825 25,565 776 331,166 205,946 58,942 264,888 66,278 - 66,278 545,765 612,043 |
31.3.22 Total funds £ 282,105 9,445 7 |
|---|---|---|---|
| 291,557 | |||
| 161,734 54,670 |
|||
| 216,404 | |||
| 75,153 - |
|||
| 75,153 470,612 |
|||
| 545,765 |
The notes form part of these financial statements
Page 6
Canolfan Felin Fach Centre Limited
Balance Sheet
31 March 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 7 382,045 CURRENT ASSETS Debtors 8 58,363 Cash at bank and in hand 180,888 239,251 CREDITORS Amounts falling due within one year 9 (9,253) NET CURRENT ASSETS 229,998 TOTAL ASSETS LESS CURRENT LIABILITIES 612,043 NET ASSETS 612,043 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - - - - - - - |
31.3.23 Total funds £ 382,045 58,363 180,888 239,251 (9,253) 229,998 612,043 612,043 612,043 - 612,043 |
31.3.22 Total funds £ 391,781 28,707 142,866 171,573 (17,589) 153,984 545,765 545,765 519,766 25,999 545,765 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 2 November 2023 and were signed on its behalf by:
J H R Fawcett - Trustee
The notes form part of these financial statements
Page 7
Canolfan Felin Fach Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Plant and machinery - 20% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 8
Canolfan Felin Fach Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Bank interest | 776 | 7 |
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.3.23 | 31.3.22 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 12,760 | 12,299 |
| Hire of plant and machinery | 9,380 | 8,724 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
6.
| Employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 176,048 Charitable activities Supporting the Community 9,445 Investment income 7 Total 185,500 EXPENDITURE ON Charitable activities Supporting the Community 83,941 Cost of Generating Voluntary Income 42,340 Total 126,281 NET INCOME 59,219 |
31.3.23 6 Restricted funds £ 106,057 - - 106,057 77,793 12,330 90,123 15,934 |
31.3.22 5 Total funds £ 282,105 9,445 7 |
|---|---|---|
| 291,557 | ||
| 161,734 54,670 |
||
| 216,404 | ||
| 75,153 |
continued...
Page 9
Canolfan Felin Fach Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds funds £ £ Transfers between funds 204 (204) Net movement in funds 59,423 15,730 RECONCILIATION OF FUNDS Total funds brought forward 460,343 10,269 TOTAL FUNDS CARRIED FORWARD 519,766 25,999 7. TANGIBLE FIXED ASSETS Freehold Plant and property machinery £ £ COST At 1 April 2022 579,029 53,908 Additions - 3,024 At 31 March 2023 579,029 56,932 DEPRECIATION At 1 April 2022 190,120 51,036 Charge for year 11,581 1,179 At 31 March 2023 201,701 52,215 NET BOOK VALUE At 31 March 2023 377,328 4,717 At 31 March 2022 388,909 2,872 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.23 £ Trade debtors 58,363 |
Total funds £ - 75,153 470,612 545,765 Totals £ 632,937 3,024 635,961 241,156 12,760 253,916 382,045 391,781 31.3.22 £ 28,707 |
Total funds £ - |
|---|---|---|
| 75,153 470,612 |
||
| 545,765 |
continued...
Page 10
Canolfan Felin Fach Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Bank loans and overdrafts (see note 10) Trade creditors Social security and other taxes Other creditors Accrued expenses LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank overdrafts MOVEMENT IN FUNDS Unrestricted funds General fund Building Asset fund Restricted funds ICAN Cyngor Gwynedd SLA Cyngor Gwynedd Cynllun Gardd Cegin newydd TOTAL FUNDS |
At 1.4.22 £ 128,190 1,755 389,821 519,766 8,806 4,918 8,842 3,433 25,999 545,765 |
Net movement in funds £ 64,571 - (11,581) 52,990 25,563 - (8,842) (3,433) 13,288 66,278 |
31.3.23 £ 145 5,324 1,234 (480) 3,030 9,253 31.3.23 £ 145 Transfers between funds £ 39,287 - - 39,287 (34,369) (4,918) - - (39,287) - |
31.3.22 £ 1,615 699 11,456 2,019 1,800 17,589 31.3.22 £ 1,615 At 31.3.23 £ 232,048 1,755 378,240 |
|---|---|---|---|---|
| 612,043 - - - - |
||||
| - | ||||
| 612,043 |
10. LOANS
11. MOVEMENT IN FUNDS
continued...
Page 11
Canolfan Felin Fach Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Asset fund Restricted funds ICAN Cyngor Gwynedd Cynllun Gardd Cegin newydd TOTAL FUNDS |
Incoming resources £ 238,166 - 238,166 93,000 - - 93,000 331,166 |
Resources Movemen expended in funds £ £ (173,595) 64,571 (11,581) (11,581 (185,176) 52,990 (67,437) 25,563 (8,842) (8,842 (3,433) (3,433 (79,712) 13,288 (264,888) 66,278 |
Resources Movemen expended in funds £ £ (173,595) 64,571 (11,581) (11,581 (185,176) 52,990 (67,437) 25,563 (8,842) (8,842 (3,433) (3,433 (79,712) 13,288 (264,888) 66,278 |
|---|---|---|---|
| 52,990 25,563 (8,842 (3,433 |
|||
| 13,288 | |||
| 66,278 |
Comparatives for movement in funds
| Unrestricted funds General fund Building Asset fund Restricted funds SMAF ICAN ASDA Cyngor Gwynedd SLA Cyngor Gwynedd Cynllun Gardd Cegin newydd TOTAL FUNDS |
At 1.4.21 £ 56,468 1,755 402,120 460,343 10 10,065 194 - - - 10,269 470,612 |
Net movement in funds £ 71,518 - (12,299) 59,219 - (1,259) - 4,918 8,842 3,433 15,934 75,153 |
Transfers between funds £ 204 - - 204 (10) - (194) - - - (204) - |
At 31.3.22 £ 128,190 1,755 389,821 |
|---|---|---|---|---|
| 519,766 - 8,806 - 4,918 8,842 3,433 |
||||
| 25,999 | ||||
| 545,765 |
continued...
Page 12
Canolfan Felin Fach Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Asset fund Restricted funds ICAN Morgan Foundation Grant Cyngor Gwynedd SLA Cyngor Gwynedd Cynllun Gardd Cegin newydd TOTAL FUNDS |
Incoming resources £ 185,500 - 185,500 67,864 5,249 9,680 9,880 13,384 106,057 291,557 |
Resources Movement expended in funds £ £ (113,982) 71,518 (12,299) (12,299) (126,281) 59,219 (69,123) (1,259) (5,249) - (4,762) 4,918 (1,038) 8,842 (9,951) 3,433 (90,123) 15,934 (216,404) 75,153 |
|---|---|---|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
13. ULTIMATE CONTROLLING PARTY
The ultimate control of the company is vested in the board of trustees who are also members of the company.
Page 13
Canolfan Felin Fach Centre Limited
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| Detailed Statement of Financial Activities for the Year Ended 31 March 2023 |
||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 9,181 | 57 |
| ICAN | 93,000 | 117,105 |
| BCUHB | 150,399 | 67,550 |
| Lloyds TSB | 27,250 | 25,000 |
| Cyngor Gwynedd | - | 55,144 |
| Morgan Foundation | 24,995 | 5,249 |
| Welsh Government | - | 12,000 |
| 304,825 | 282,105 | |
| Investment income | ||
| Bank interest | 776 | 7 |
| Charitable activities | ||
| Hire of rooms | - | 4,645 |
| Rent of rooms | 25,565 | 4,800 |
| 25,565 | 9,445 | |
| Total incoming resources | 331,166 | 291,557 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 160,377 | 139,650 |
| Social security | 15,139 | 3,040 |
| Pensions | 1,980 | 865 |
| Hire of equipment | 9,380 | 8,724 |
| Rates and water | 819 | 254 |
| Insurance | 5,418 | 4,880 |
| Light and heat | 4,892 | 4,488 |
| Telephone | 2,657 | 3,164 |
| Postage and stationery | 2,102 | 1,179 |
| Advertising | 658 | 4,352 |
| Sundries | 2,990 | 1,775 |
| Travelling expenses | 1,681 | 146 |
| Rent HWB Nefyn | - | 4,680 |
| Activities expenditure | 4,107 | - |
| Freehold property | 11,581 | 11,581 |
| Plant and machinery | 1,179 | 718 |
| 224,960 | 189,496 | |
| Support costs | ||
| Management | ||
| Professional fees | 1,300 | 738 |
This page does not form part of the statutory financial statements
Page 14
Canolfan Felin Fach Centre Limited
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| Detailed Statement of Financial Activities for the Year Ended 31 March 2023 |
||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Management | ||
| Finance | ||
| Bank charges | 236 | 66 |
| Property | ||
| Repairs and renewals | 31,620 | 23,944 |
| Governance costs | ||
| Accountancy and legal fees | 3,960 | 2,160 |
| Bookkeeping fees | 2,812 | - |
| 6,772 | 2,160 | |
| Total resources expended | 264,888 | 216,404 |
| Net income | 66,278 | 75,153 |
This page does not form part of the statutory financial statements
Page 15