Charity rngistratlon Thumb•r 1067535 {England and Wal¢sl Company rngistration number 03195860 BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1111 •AEHC05PU" 13112r2tr25 C(WPANIES H(XJSE 111 A15 #19 BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED CONTENTS Pag• Truslees report Indèpendent èxaminers report ststemenl of finanual aclivths Balance sheet Note510 Ihe financial state￿ents JO-22 BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Thè trustees present their anrrtol fina￿￿1 stslements for the year ended 31 March 2024. The financial ststemerts havè been Ixepared in acc4)rdarK¢ Wbth the accoLJniing pofKies sel the note$ lo the rinanrAal statements and cornpty wilh the goveming doDJment, the Companies Act 20l￿ and "Ac(x)unling and Reporling by Charibes.. Stalemenl of Rec4)mmended Pracaice appbicable to charities preparing their accounts in accordance with the FirwKial Rep￿1¥*3 Stand¥d apWicable n the UK and Republic of Ireland (FRS 102) (effadive 1 January 2019)" Obl•etives and aeti¥ili•s The purpose of Bryncynon Comrnwity Re)fi¥al Strategy is set out in the MisS￿n Statemwrt and states". The (*8ntys object5 are to provide tsul￿e5 in the i￿ereStS of the advancemenl of education and social wellare wih the purpose of improwng the ￿￿ltiOn and quaty of kre kn the residents of Bryncyrhon in the Rhondda Cynon Taff Area. Publle 8en•fft During the year. the Trustees pad regard to ts gudanc* issu8d by the Charity CCmTh￿￿)ft wilh regards lo public benefft in deuthtg ¥thith actsbibes Ihe Charity needs to undertake. Our main actrvities and benefic4aries of those aCts¥it￿S are described below. ￿1 our tharilaLqe adivitses fo¢u$ on helping the community and seryes to Iw1her our d￿ltable purFose for public benefiL t￿ring the period 2023- 2024, tr* ryganw1l￿.$ owlryeswe￿ •$ Ic4kMs: Strat•gl¢ ObJ•ctlv•s: . Incrèase levels of irthme gw*ity) in all areas of tAryks to secure unrestrithd fimthr4J to ensure to Sustainabilty of the OTganisalMIn. . Secure grant fun¢lng to mawrtan and expkxe ways of expandirwJ ￿TTent proVtSiL￿S. . Cont￿e to buld w go(Kl w*ic• by mainlainiThJ. aThJ where necessary. by impn>bing standaTth. . Promote Ihe work olthe tyganisal*Jn hxaly btsth wilh the ccmnmunity arKI bu5ine55es. . After devehJpi*nl of Bryr￿￿￿ Cormwnity Centre. to ￿ltiNe developiThJ pmtsions auoss the Lrmer Cynon Vo1*. . Engage wilh professional siw to assist in income generat￿￿ and fundraisry. Enga9¢ T￿1 Ad￿ Leaming Wales to de￿0p opportunities for residents. . Deveh>p a range of seThices tha¢ focus on older people in the Lmr Cynw VaM•y. . Deveh)p a range of seplices to aid C4Xbvnunty members with povety. ￿(￿llI¥j lood p¢)vety and su$tainth provisions around Ihis. H•althy LlvlnglFeel Good F*¢tory Objectiwts: . To conlwwe to uMi5e the Feel G￿d Fadwy as a re￿¥j[￿ and 5upF￿ certre for the (tlmmuiwty. . Thrw the implemenkn ofthe Fare Share sc*￿rne. pro¥Nle free or kn**COSt fo(xl and rnea￿ lo Ihose in the cornm￿1ty. . Support ways of generating fr￿n the Feel Good Fa(kny in *ldilion to the room hire fa¢ility available to local organNtions. . In¢rease the Mabthty of th• cwrfr• a$ a resou￿ for the corrffiunity meat lh• fte￿$ of those fami￿tr$ who ar• slwgglThJ ltrwwjh the d•sWubon offree It￿ to anyone WI￿ ne￿$ BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 Flnance ObJe¢t•ves: Facilitsle the devekjpment of BrynCY￿ Communty R￿1val Strategy Ltd. To implement a robust fijnding str*tgy whth 11K￿deS l)id wrilirwJ and business spons¢x$hip. Contrib￿* towards thè smooth nmnin9 01 Ihe organisalion strè¥rnlininy Of ffinante and adminislralion functions. Best us• of all Bryncynon Strategls as5et5 to generate maximum #icome. Continue to look for opw)rlunthS io reduce running ￿$ts afKI ensure Ihat the tharity wns as efficiently as possible. To devekjp a minimum of 6 months ￿serVeS. Protect jobs. Youth ¢)bj•ctivts: Identify funding opportunities for y¢xrth provision for delI￿ry through the community centre hub. Oelivery of specifK youth actiwbes delivered through extemal fvndiry. Engage young people Ihrough a ¢ommunrty questwjnnairt to e¥tabli$h what youth they would like to see in thè region. To work with the local schod lo suppwt the provision of free or lowost food (packed lunches or after $chool meals) for Ihose ￿ k)w inccrfne. To address ¢hihY wvsty with a fangè of schemes to SUPF4Xt famih'es in need. Encourage Volunteering amrrfJ yourvJ people and prov*Je training to promote development. Earty Yearn Objective3: To continue to successfumy delrver the FtyiThJ Starf Provision. offemg a full pro4rysion under tlis agenda, looknng into expansion opportunities 4then they arise. Promote and teach heallhy lifes￿ arnongst ￿5$ and their parents. Maintarn regular playgroup and Way sd*me provisions in the community. Generate income by developing acliwiies at the Growing Together Centre and at other centres. Continue to improve the semces womded t￿OUgh a pro9ramffe of stsff training and personal development. Engage lamilÈes in aCti￿lIeS to supwt childcare and fanNly cohesion. Engage with agenuès supporting families with disatAed chldren who would benèfit from the use of the $trn$ory room in the youth centre. BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Caterlng Obl•ctlv•s: Cafe opening hours to be reduced to ensure ￿bilitY of food s•Nices. Expand the buffel delivery serbice to help generate addrfional inl￿rne. To use Ihe Fa￿sh￿e loc￿ to prokide free or Ijy￿st me* to people and $erMor ctttzens and those on low income. To encourage fwnilies to use café lo provide h)¥Kost famity meals. To ¢ffib"nue lo develop the free ft)od *d ¢ommun*ty fridge initiatsve which enables us lo provide the communty wth free groctries to Wp support Iheirfamilies. Café to prO￿dÈ hot meals to Over f4)s in Ihe comThwrxty using door delNery. Admlnlstratlon and IT Obièetlves: Maintain efficient administration, personnel and IT wo¥7$1￿. Loc* for most ¢osi-effe¢live provision. Co-ordinale and monitor Yo￿ntee￿9 wilhin the organisalion. Ensure effective staff training and development ac¥oss all areas ol Bryncynon Comm￿ltY Rethval Slrategy Ltd. The trustees have paid duÈ rÈgard to gu￿anCe issued by the Charity Commission in decith'ng ￿at activities thè eharty should undertake. Achlevements and perfomMnce We have been successful in 5e¢urirbg the Investors in Volunteers award. This ￿cognISeS our comrnilment to our volunteers a￿¢)55 the entirety ol th8 Ofganisatson and Iruly ￿Ye the contn'bution Ihey make. their dedication and commilm&nl. Securèd funding Irom a varth of sources for our Listenin9 Project whth will see telèphonè support and volLtnte•rs who will bring objer peoF4e to the Feel Good Factory as well as providin9 a hol meal delivery seryice to those that need it. We have been able to Se￿re fundin9 for the Food Pantry to provide affordable lood to residenfs and empby someone to coordinate ihe Food Pantry. liaising with suppliers and Servi￿ user5 to ensure we deliver a value-for money service for some of Ihe mosl vulnerable wthin our ￿mmUntty. al frorn a ￿mI0￿8b￿. wel¢ominy and wami sp¥¢e in a fomer offi¢¢ space. We have ￿ Iransport ￿￿deS in use to ensure tr￿spty1 barri?rs are all¢vialed when peoplo ar• a￿sS mu needed seM¢es. Brynrynon Community Revival Strategy has COnt￿Ued lo delNer successluly its Flying Start provision throu9h its Growin9 Together Centre. We are increawngty the provider of chotce for earfy years and after school provis￿. We dèlivered Holiday Hunger and are successlulty deliverin9 the 31>hour chikl offer for Wales. Flying Start at the Growing Togelher Centre ts)ntinue$ io complement our sery1￿$ and enc￿rage gr¢J¥lh and developmenl to local feeder schools. as welj a$ many ol Ihe child￿Tr then going on to attend our Holiday Play and After School Clubs situated at the Community Centre. The Feel Good Factory continues to prowde an e55ential hub in the c￿mMUn￿. provhling a range of services for the local community including a weekty 'Welcorne Wednesday. where we olfer a sub5idised Food Pantry, Community Food Table. ath'wties, erw9y adwce, be￿fitS th"¢e. trainirvj and employ￿1 opportunities. elc. Flnanelal r•vl•w Results for the yèar Income oflhe year was £343.71312023". £344,991). Expendilure for the year was £408,757 {2023.' £420.8131. An unfestricted def￿1 of £30,￿ was reported for the year12023: deffiut of £48.C611. BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED TRUSTEES REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 Reserves policy tt is the poh.cy of the Charty to genefate and maintain ￿ndS in order that it can mantain its operations for th8 foreseeable frjture. aiming for a minimum of 6 monihs in opèrating costs in rèseNes. Unrestrieted funds are generated in order to trJ¥er expenditure nol covered by othtr Spe¢rf￿ grants and any short lem fvnding shortfa115 whi¢h may occur from time to timè. As at 31st March 2024, thè charity's free ￿Se￿*S (Unreslrithd reserves less tred a$setsl alT￿yn1¢d lo £54.872 12023.. £87.5931. Prin¢ipl• Funding Sourc•¥ The prinople funding source of Bryncynon Communty Revwal Strategy Ltd for the year eTrJed 31st March 2024 was National Lotlery. Flying Start and RCT Grant fvnding. In addrtion. we have se￿red relatively small pots of lunding lor projects. We have. however. secured £250k funding from Ihe National Lottery- People and Places grant lo continue the work and development of our knstening ProJ"Èet going foTh¥ard an¢J Impro￿n9 the sèrvices lor older people in the area. knvestmnl poll¢y and obl•Gti¥es The Charrty is taknng on the most appropriate policy loi investing surplus fvnds which may arise from tThe lo time an¢J Consider that an interes1-￿aring dèposit account is suitable for holdirg such ftJnd$. All projects have an exit strategy and ihere is a continual review and search for funding for $ustainabilrty evenlualty leading to less grant dependency_ Thè trustees are responsib￿ for safeguarding the chantys assets and ensLEring their proper application in accordance with charity law and hence taking reasonatjle steps lor the preventron and detection of frdud, error and other irregularities. v•stm•nt pollcy and obj•ctlves The Charty is taking on Ihe mosl appropriate for invesiing surplus fvnds vthich may arise trom time to time and ￿nSIder that an inle￿S1-be8￿Y deposrt a¢count is suitat4e for hcAdin9 suth ftmd$. All projects have ￿ exit strategy and there is a cont¥iual ièview and search for fvnding foT Sustainability eventually leading to less grant dependency_ The trustees are ￿spOnSIb￿ for safeguarding the charivs assèts and ensLmg thÈir propèr app14cation in accordance with Charity law and herKe ta￿n9 reasonable st•ps for the preVent￿n and deteth.on of fraud. error and other irregularities. The Bryncynon Community cent￿ VAII provide a space to dèvelop ser¥￿eS for chldren and famAies and this will also be a prionty going forward. markekn.ng of the Feel Goo(l Fa(xw and rts Catering Ser¥ice5 are a bi9 focjjs for the organi58tion and we are continuing to improve marteting material. bolh in ￿nI and online. stry¢ture. gov•mance and managèment The Brynwon Community Centre will prwde ¥ sp￿e to de￿lOP servkx5 fr>r thldren and tsmlie5 and this will ¥lsts bè a pritirity going fo￿ard. Markèting ol the Fed Good Factory and its Catering Sèrvices ar• a big foojs for Ihe organisation and we are continuing lo improve marketing material. bolh in pnnt arKI online. BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Inductlon and tralnlng tfK nèw truste•s Al trustees receive train￿0 in the foUowir)g'. Roles and responsibilibes of Trustees Heafth and Safety legislatw Charity Law Company and finance matters In support of the above, regular updales are given al the monlhty trustee meetiThJs or as and when required. Qualifying third party indemnity provisions Going Concern These financial Statements are prepared on Ihe going cijncem basrs. The trustee5 have a Teasonable expectation that the charrty will wntinue in operational exislence for the foreseeab￿ future. Having redU￿d the runnirbg costs of th* charity fLu￿raiSing acty"vity. we are confidenl Ihi5 will enable the organi5atKJn lo conlinue. The organisatson was impaded signifi¢anlty in this year by the Sedor ¢uts ￿SU1{1ng in a bss of room bookings from the Local Authofty and Local Health Board. To replace we have forged new partnerships wrth Adult Learning Wales and others and the beneffts oflhis Sho￿ be seen in the nexl finanaal year. BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 Rèfèr•nu •nd a￿￿￿nIStr#￿v• d8lals BryncyTroh comm￿￿ty Rury¥￿ Stsate9y Lintsd Company Mumb•r03195860 Charbty Numbw 1067535 RO￿te￿d Office: The Feel G￿d Factory Abèrcynon Road Abercynon Mountain Ash Rhonnda Cynon Taff UK CF45 4XZ Independent examlntr AzelsAudit SeTrices TyDe Llme Tree Court Cardiff Gate Business Pa Cardrft CF23 8AB Princiyl B•nk¢ Uoyds Bank 12 Canan Street Aberda CF44 7AR The trusteès. WI￿ •e alsotr* dr¢¢tors forthe ofo)mp•y law. and wlw ser¥ed dwing the year woo: Ashleigh Jone$ John E¢Sward 8rathJi¢k Stephen Gould Math Lesl'e Steven% The Truslee5 report was M•rk Stev¢n$¢ Trustee Dole.. 11th De￿mber 2025 BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED I report to the Irustees on my examination ol the financial statements of Bryn￿￿on Community Revival Strategy Limited {Ihe charity) for the year ended 31 March 2024. Re$pon5ibilib•s and basis of report As Ihe trustees of the charity (and also its direclors for thè purposès of company lawl, you are responsible for the preparation ofthe financial statements in accordance wilh thè requFrements of the Comparwes Act 2Q)6. Hawng $8tisfied myself that the finawal staternents of the charity are nol required lo be audTted under Part 16 01 the Cornpanies Act 2006 and are eligtble for independenl examination, I report in respect ol my examination of the charity's finanaal statements carrie(l out under sedi*)n 145 of the Charitie5 Act 2011. In Carrying oul my ex3rninalion I have fcAIow8d thè Owections 9i¥en by the Charity Commission under se&lion 145IS)Ibl of the Charites Act 2011. Ind•pendent t￿l￿e￿$ stal•m•nt &"nce the charity's gross inco￿￿ exceedÈd £250.OLJO your examiner rnust be a rnern￿r of a body h.sted in secb'on 145 01 the 2011 Act. I confimi that l am qua1ffj￿d to undertake the examinati¢)n because l am a mémbèr of thè Association ol Chartered cert￿￿1 Accountants. which is ont of thè h.sled bodies. I have coM￿ete￿ my examinaticffl. I confirn Ihat no matters have come to my attention in connection with the examinalion giving me Gause to believe that in any material respecl.. accounb'ng records were not kept in respeci of the ¢hartty a$ requirèd by seCt￿n 386 of the Companiès Act 2006. the financial statempnls do not aeeord wth those records.. or the financial Statements do not comply ¥￿th the a¢￿￿nting requiremen15 of sectTron 3% of the Companies Act 2006 tyther than any requirement that the financial slatements gt¥e ¥ and fair ￿ew, whi¢h is ¥ matter ¢onsidèrÈd as part of an indepndent examination., or the financial slalements have not been prepared in arLordanc£ with ihe rnethods and Principles ol ihe Slalement of RecornmerKled Prath"rR for ar￿UntIng and reporting by tharit￿S applirable lo charitie5 preparin9 thèii financial statements in accordance wrth the Financial Rewjrting Slandard appli¢able in the UK and Republic ol Ireland (FRS 1021. I have no concems and have come across no olher matters in connection Ihe examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial 5talemenl5 to be reached. Crnl9 Y•arsley FCCA Azets Audit Serniees Ty Derw Lime Tree Court Cardiff Gate Business Park Cardiff South Glamor9an CF23 8A8 United Kingdom Oaled..1211212025 BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restri¢t•d fund5 lunds 2024 2024 Total Un￿strICted Restricted funds funds 2023 2023 Totsl 2024 2023 kncome from: Donations and legaaes Charitable activities Othèr trading activities 5,952 35,684 17.277 5,952 320.484 17.277 5.819 55.238 34.709 5.819 304.463 34.709 284,800 249.225 Total Income 58,913 284.800 343,713 95,766 249.225 344.991 Expenditur• on: Raising funds Charitable actiwties 6.342 83.537 6.342 402,415 17.975 125.852 17.975 402,838 318.878 276,986 Totsl èxpondilure 89.879 318.878 408.757 143.827 276,986 420,813 Net expenditur• and movement in funds (30.9661 (34.0781 {65.0441 148.L%11 127.7611 175,822) Reconclliatlon of funts.. Fund balance$ at 1 April 2023 179.369 739.839 919.208 227,430 767.600 995,030 Fund balane*s at 31 Ilarch 2024 148,403 705.761 854,164 179.369 739,839 919,208 The statemenl ol fiTranaal acliviDe5 indudes all gains and losses Tecognised in the year. All irKome and expenditure derive from eonlinuin9 ac[iMt￿s. BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED BALANCE SHEET ASAf31 MARCH2024 2024 2023 Flx•d Tangib￿ a&8ets 12 793.212 812.303 CuThent a¥$•ts Sto¢ks Debtors Cash at bank and in hand 13 14 34.1 44.882 10,734 119.4W2 79.672 130,826 Cr•dltors: amounts falllng du• *llhln on• year 15 (18.720) (23.9211 N•t curr•nt .952 1(6,905 Totsl ass•ts I•￿ ¢urrnnt Ilabl4110s 854.164 919.208 The fvnds of th¢ ¢harlty Restrided income fw)d$ Unrèstricted funds 17 705.761 148,403 739,839 179,369 854.164 919,208 The company is enliUe(I to Ihe exemtrtw)n Ihe audil reqwrement ¢XMtsined in seLliorn 477 ofthe CompaniesA 20(6. for the year ended 31 M¥rth 2024. The dlr•ctws athiowledge Iher res￿IbIlibes for comptying with ihe requirements of the Cowies Acl 2( The members have not required the c4)mpany to obtsin an **lit of ts fthwioal statemgnts forts year quèstion #i 8cc¢rdan¢8 w¢h ￿tIl￿n 476. These firbantyal statements have been wepared in accothce with the provisions applica>le to Cornpan￿ subjed to thè small eompanies rwme. The financial statements were apFYo¥ed tylh8 ewstees Mark Stevenson Tru$ts• Company registr•liM number 03195860 IErW Wales) BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting poli¢ies Charlty inforniation Bryneynon Communty Revival Slralegy Limited is a privatè company limited by guaranlee incorporated in England and Wales. The regiStèrÉd officé is The Feel GC￿ Fadory. Aberwon Road, Ynysboeth. Mounlain Ash. Rhjndda Cynon Taff, CF45 4XZ. United King(kJm. 1.1 Aeeounting con¥entk*n The finanrial statements have been prepared in accordan￿ wrth the tharity's governing document. the Companies Act 2006 and -Aecounkn"ng and Reporling by Charities". Statèment of Rtcommended Practice applicable to charities pieparing their accounts in aecordance with the Finanaal Reporting Standard applicable in Ihe UK and Repubth"c of Ireland IFRS 1021 {effe¢tsve 1 JanLWy 2019)". The charity is a Public Benefit Enlty as dèfined by FRS 102. The charity tsken advantage of the provisic￿ in the SORP for smaller tharilies not to prepare a Statement of Cash Flows. The finan￿al stateménts are prepared in sterlin9, whicti is the fvA￿￿41 ¢urrency of the charity. Monetary amounts in these finanaal statements arè rOL￿ders: •mounts falling du• wilhin one year 2024 2023 Tradè creditors Other creditors Accruals and t1eferre(l income 7.529 S,191 11,010 9.411 18,720 23,921 17- BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 R•tir•ment b•n•fft ￿h•M•S 2024 2023 Oefined contribution Schemes Charg• to Fmofrt LY loss in r•spect of defmed contr*ul*?n %*emes 5.122 4.384 Thè d)arity operates a defined con1ribut￿ pensth 5theme fr>r all qualifymg Èmployees. The assèts of the scheme are heKI separalety from those of the charty in an Inde￿ndent￿ adminisfrred lund. 18- BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED NOTES TO THE FINANCIAL STATEAIENTS (c￿4TINUEDl FOR THE YEAR EPIDED 31 MARCH 2024 17 Resvithdfuv ¥myrn•nlln fwds IWIP21 31 llarth2O14 Fwed awlrv5erwJ Intgrfink Communty Fowdikn 744.7TI 42U) 720.527 PO,8461 699,681 1.493 6.312 14ffj59 (2Y.141) 114.6S91 11.9551 (61.e821 RCT L>anls OtherGraAts VJ Lottery Pe(yk8 P RCTBC P* &ASC Grar RCTBC FI￿nI sian People6 Po$tcthJe Lollery cvNYs Thid Re$lienll• ¢kn i￿VA) 67,795 106,7161 I,OBD 69.182 .454 1J.480 ,595 11Q3,9541 113.4861 .5951 70,420 (70.42 23,192 111.380) 9.951 (9.9011 142.353) 11M12 (9,9761 767.6W 24922$ Q76.gW rn.b39 284.8 705.761 8RYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 17 R•*th¢todknd¥ da￿￿Cation ofequiprnni, f￿vr¢S ￿ts￿9%￿the tytrefvnd. newslellei ojsts. deli¥ery¢o*s. ri*tioMI Gild. Fundiry a kninler p**J. Irrf*thJ hab. *vJ ih¥rn* tknkds, aid (￿$. verwje BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 18 Unvtstricted fund$ At 1 Aprll 2023 Ineoming sources Resoure•s At 31 Marth expended 2024 General fvnds 179.369 $8.913 189.8791 148,403 Previou$ year. At 1 April 2022 In¢oming R•sour¢ès At 31 Mareh expèndèd 2023 GenÉi¥l lunds 227.430 95,766 1143,82n 179,369 19 Anafysls of nèt assets betwn fund¥ Unrestricted Restrfcted lund$ funqls 2024 2024 Totsl 2024 At 31 March 2024: Tangibje assets Currenl a5setsllliabilrtiesl 93.531 54.872 699,681 6.080 793.212 60.952 148,403 705.761 854,164 Unr¥strieted fvnds 2023 Restriet funds 2023 Total 2023 At 31 Marth 2023: Tangible assels Current assetsllliabilth"Ès) 91,776 87,593 720,527 19,312 812,303 106,905 179,369 739,839 919,208 21 BRYNCYNON COMMUNITY REVIVAL STRATEGY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Operatwig1*o¥e con￿lIMents L•ss*• At the reporting end date the tharty had outstanding commitrnent5 for fijturt minimum ￿ase payments under non-cancellable operating lease5. whKh fall due as follows.. 2024 2023 thin one year Be￿een h¥0 and fve years 4.282 6,420 2,651 2,782 10.702 5.433 21 R•lat•d party transacllons There wera no other related party Iransadws in th¢ current or previous yèar. -22-