2021-03-31-accounts - Celfogwmpas

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Charity Commission Registered No: 1073029 Company No: 3422216

CELF O GWMPAS ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

INDEX

Pages 1 – 3 Report of the Trustees Page 4 Independent Examiner’s Report Page 5 Statement of Financial Activities Page 6 Balance Sheet Pages 7 - 12 Notes to the Financial Statements

CELF O GWMPAS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

The Trustees (who are also the Directors for the purpose of Company Law) present their report, together with the Financial Statements of the Charity for the year ended 31 March 2021.

Objectives and Activities

Objectives of the charity as stated in the constitution are to promote the education of the public in Powys in the Arts, as participators, spectators and audience. In pursuit of these objectives the charity will have particular regard for the needs of those with a disability or long-term illness.

Activities and Performance

In common with many private and charitable organisations the work of the charity has been significantly affected by the Covid pandemic. The restrictions have impacted on the work of the charity in a number of areas.

The programmes involving people with disabilities were not able to continue due to the need for social distancing which could not easily be managed with some of the more vulnerable participants.

In its role as a community arts centre, the charity has previously been able to generate independent income from letting rooms for a wide range of community events and activities, most of this income has been lost during the last twelve months.

Fortunately, business support funding from the Government in the form of direct grants and HMRC JRS grants for furloughed staff has helped the charity to remain in a reasonably stable financial position.

Despite the restrictions of the pandemic the charity was very keen to be able to innovate and has been able to stage a range of activities and events including virtual art exhibitions, a major art work installation in the Centre of Llandrindod Wells, continuation of the artists network and delivery of arts boxes to 80 people in residential care. Also 16 people with learning difficulties received art boxes, 27 members of the public took part in YouTube tutorials and 100 local families received Mandal project bags through the Community Partnership

The charity has a very experienced group of Trustees coming from Education, Health, Social Care and Private sector backgrounds but we are keen to add to our current Trustee capacity to support the Charity in it’s planned growth and development over the next three years.

The charity is looking forward to being able to be fully functioning again as soon as the covid regulations allow and we hope, through our funding campaign to further develop the capacity and the ambitions of the charity

Financial Review

Total income in the year was £129,174 compared to £84,817 in 2020. Expenditure also increased in the year to £82,639 compared to £70,715 in 2020.

Net income for the year was £46,535 compared to net income of £14,102 for the previous year. The net movement in funds were net income for restricted funds of £2,493 (2020 - net income of £13,367) and net income for unrestricted funds of £44,042 (2020 - net income - £735). A detailed breakdown of income and expenditure is provided in the notes to the financial statements.

Reserves Policy

Previously, Celf O Gwmpas was required to ensure that free monies are available in each financial year to meet any reasonable foreseeable contingency. The Free Reserves at 31 March 2021 were £29,806 (2020 - £Nil).

Investment Policy

In furtherance of its objects, and for no other purposes, the Company has the power to invest the monies of the Charity not immediately required for its purposes in or upon such investments, securities or property as may be thought fit, subject nevertheless to such conditions and such consents as may for the time being be imposed or required by law.

Plans for the Future

Our plans include;

Build and extend our work and programmes within the field of Health and Well Being.
Use our experience in this field to develop an education and expert role for other charities wishing to work within this sector.
Continue and expand our well established support role to artists including additional exhibition opportunities.
Seek further opportunities to undertake art installations in public places.
We are already in the process of re-opening a shop owned by the charity to provide studio space for artists and exhibitions. The shop is in the town centre and should generate additional income from rentals and commissions on art work sold.
Have a clearer focus on the use of Centre Celf as a centre for artistic activity, support and exhibition but retain some capacity for wider community use.
To achieve our aims of continuing positive development we plan to strengthen our staff structure with additional management capacity to free up other staff to support our programmes of activities and the operational management of the charity.
We will be holding a workshop for all staff and trustees to consolidate and implement our vision of what an efficient and well managed organisation looks like.
The Charity has already started the process of engagement with the Meanwhile Places project, a project that makes use of empty properties and changes in Business Rates liabilities when leased by a charity and can generate significant income for the charity. There are a number of successful examples of this across the UK.
It is hoped that the plans outlined will put the charity in a good position to apply for larger scale funding and in particular to be well placed to apply for revenue funding status to the Arts Council of Wales.

CELF O GWMPAS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Legal and Administrative Information

Charity Name:	Celf O Gwmpas
Charity Registration Number	1073029
Company Registration Number:	3422216
Charity’s Address:	Centre Celf
	Tremont Road
	Llandrindod Wells
	Powys
	LD1 5EB
The Trustees during the year were:	Paul Jays (Chairperson)
	Carol Frewin (Treasurer) – Resigned 1 September 2020
	Marjorie Corbett
	Anne Evans
	Dr Penelope Foreman
	Graham Haslock – Appointed 10 September 2020
Bankers:	HSBC plc
	Middleton Street
	Llandrindod Wells
	Powys
	LD1 5EU
Independent Examiner:	A C Jones of Andrew Jones & Co
	Chartered Accountants
	The Old Surgery
	Spa Road
	Llandrindod Wells
	Powys
	LD1 5EY

Structure, Governance and Management

Governing Document

Celf O Gwmpas is a registered charity and a company limited by guarantee. The maximum liability of each member is limited to £1. The Charity is governed by its Memorandum and Articles of Association.

Recruitment, Appointment of Trustees

The trustees are recruited openly through advertisement in the Charity’s newsletter and through personal contact. Their names are put forward and submitted foe election at the company’s Annual General Meeting. The trustees can co-opt further members to the board of trustees, co-opted members must submit for election at the next Annual General Meeting.

Induction of Trustees

Newly appointed Trustees receive induction from the Chairperson or other trustees as appropriate. Trustees participate in a programme of trustee training and development.

Organisational Structure

The trustees are responsible for the safeguarding the assets of the charity and are responsible for making decisions which relate to any major or capital expenditure and any matters of governance in order to safeguard both the professional and ethical integrity of the charity as well as its intellectual and material assets.

Decisions regarding the day to day management of the charity, including the management and supervision of staff is the rightful responsibility of the Chief Executive Director, who is directly accountable to the trustees.

Related Parties

The charity co-operates and liaises with a number of other services, local charities and social services departments on behalf of clients. Where one of the trustees holds the position of trustee/director of another charity they may be involved in discussions regarding that other charity but not in the ultimate decision-making process.

Risk Review

The Trustees have conducted their own review of the major risks to which the Charity is exposed, and systems have been established to mitigate those risks. These procedures are periodically reviewed to ensure they still meet the needs of the Charity.

CELF O GWMPAS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Statement of Trustees’ Responsibilities

Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the charity’s financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and:

(a) select suitable accounting policies and then apply them consistently;
(b) make judgements and estimates that are reasonable and prudent;
(c) state whether applicable accounting Standards and Statements of Recommended Practice have been followed, subject to any departures disclosed and explained in the financial statements; and
(d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the charity, and which enable them to both ascertain the financial position of the charity and ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities issued in March 2005.

Approved by the Trustees on ………….. and signed on their behalf by:

P Jays Chairman

CELF O GWMPAS

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS TO THE TRUSTEES OF CELF O GWMPAS

I report on the accounts of the Trust for the year ended 31 March 2021, which are set out on pages 5 to 11.

Respective Responsibilities of Trustees and Examiner

The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the General Directions given by the Charity Commissioner. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to our attention:

(1) Which gives us reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
(2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

A C Jones BSc (Econ) FCA Andrew Jones & Co Chartered Accountants The Old Surgery Spa Road Llandrindod Wells Powys LD1 5EY

Date;

CELF O GWMPAS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	Year Ended	Year Ended
	Note	£	£	31/03/2021	31/03/2020
				£	£
INCOME
Donations and Subscriptions		2,102	-	2,102	6,777
Income from Charitable Activities		53,954	59,048	113,002	51,913
Other Trading Activities		10,495	-	10,495	26,096
Other Income		3,575	-	3,575	31
		____	_____	____	____
Total Incoming Resources	(2)	70,126	59,048	129,174	84,817
		____	____	____	____
EXPENDITURE
Cost of Raising Funds:
Fund Raising Costs		-	-	-	282
Charitable Activities	(3)	25,975	56,664	82,639	70,433
		____	____	____	____
TOTAL EXPENDITURE		25,975	56,664	82,639	70,715
		_____	_____	____	____
NET INCOME/(EXPENDITURE) BEFORE
TRANSFERS		44,151	2,384	46,535	14,102
Transfer between Funds	(6)	(109)	109	-	-
		______	____	____	____
NET MOVEMENT IN FUNDS		44,042	2,493	46,535	14,102
Total Funds at 1 April 2020		32,831	19,216	52,047	37,945
		_____	_____	____	____
Total Funds at 31 March 2021		76,873	21,709	98,582	52,047
		_____	_____	____	____

The notes on pages 7-12 form an integral part of these Financial Statements.

CELF O GWMPAS BALANCE SHEET AS AT 31 MARCH 2021

	Note		31/03/2021		31/03/2020
		£	£	£	£
FIXED ASSETS
Tangible Fixed Assets	(7)		48,087		47,584
CURRENT ASSETS
Debtors	(8)	22,745		5,325
Cash at Bank and In Hand		35,754		14,124
		____		____
		58,499		19,449
CREDITORS
Amounts falling due within one year	(9)	(8,004)		(14,986)
		____		____
NET CURRENT LIABILITIES			50,495		4,463
			____		____
NET ASSETS			98,582		52,047
			____		____
FUNDS
Unrestricted Funds:			76,873		32,831
Restricted Funds			21,709		19,216
			____		____
TOTAL FUNDS	(10)		98,582		52,047
			____		____

For the year in question, the charitable company was entitled to exemption from an audit under section 477 of the Companies Act 2006.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of the accounts.

Approved by the Trustees on ………………... and signed on their behalf by:

Paul Jays Chairman

Company registration No. 3422216

The notes of pages 7-12 form an integral part of these Financial Statements.

CELF O GWMPAS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

Basis of Accounting

These Financial Statements have been prepared under the historical cost convention, and in accordance with the 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 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and republic of Ireland (FRS 102). The charity is not required to prepare a Statement of Cash Flows.

The charity constitutes a public benefit entity as defined by FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Preparation of Accounts on a Going Concern Basis

The Accounts have been prepared on a Going Concern Basis.

Income

Income including Capital Grants for the purchase of fixed assets are included in full in the Statement of Financial Activities when these are receivable.

Incoming resources in the form of donated assets are included in the Statement of Financial Activities, and capitalised where appropriate at a reasonable estimate of their value.

Expenditure

Expenditure is included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered.

Charitable Expenditure comprises those costs directly attributable to direct charitable activities and an apportionment of overhead and support costs.

Governance costs comprise all costs involving public accountability of the Charity and its compliance with regulations and good practice. These costs include independent examination fees and legal fees.

Tangible Fixed Assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Furniture, Fixtures and Equipment 25% on cost Gallery Equipment 25% on cost

The residual value of the Freehold Property is considered to be at least equal to the carrying value of Freehold Property in the Financial Statements and therefore no depreciation has been provided on the building as this would be immaterial.

Voluntary Help and Gifts in Kind

No value has been put on the voluntary help received during the year.

Stocks

Stocks are valued at the lower of cost and net realisable value.

Fund Accounting

The financial statements of a charity must differentiate between restricted and unrestricted funds.

 Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.

Restricted funds are funds subject to specific conditions, imposed by the donor or by the specific terms of the charity appeal less amounts expended for these purposes.

Pensions

The charity operates a defined contribution pension scheme for its employees. The assets of this scheme are held separately from those of the charity, being invested with insurance companies. Pension costs charged in the Statement of Financial Activities disclosed in note 5 represent contributions payable by the charity in the year.

CELF O GWMPAS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

2 Income

			Total Funds	Total Funds
	Unrestricted	Restricted	Year Ended	Year Ended
	Funds	Funds	31/03/2021	31/03/2020
	£	£	£	£
Donations and Legacies:
Donations	2,102	-	2,102	6,377
Gift Aid	-	-	-	400
	_____	_____	_____	_____
	2,102	-	2,102	6,777
	_____	_____	_____	_____
Income from Charitable Activities:
Grants Receivable	53,954	59,048	113,002	50,360
Workshop Fees	-	-	-	1,553
	_____	_____	_____	_____
	53,954	59,048	113,002	51,913
	_____	_____	_____	_____
Other Trading Activities:
Fund-raising Income	277	-	277	3,408
Rent Receivable and Room Hire	10,218	-	10,218	22,683
Equipment Hire	-	-	-	5
	_____	_____	_____	_____
	10,495	-	10,495	26,096
	_____	_____	_____	_____
Other Income
Sundry Income	320	-	320	-
Refund of Bank Charges	3,246	-	3,246	-
Interest Received	9	-	9	31
	_____	_____	_____	_____
	3,575	-	3,575	31
	_____	_____	_____	_____
TOTAL INCOME	70,126	59,048	129,174	84,817
	_____	_____	_____	_____
Grants received in the year included:
	Unrestricted	Restricted	Year Ended	Year Ended
	Funds	Funds	31/03/2021	31/03/2020
	£	£	£	£
Arwain	-	-	-	10,515
Powys County Council	49,954	12,622	62,576	9,954
Arts Council of Wales	-	36,245	36,245	24,880
BSW Sawmill	-	-	-	500
PAVO	-	1,749	1,749	2,511
Tesco	-	500	500	2,000
Moondance	4,000	-	4,000	-
Llysdinham Trust	-	2,851	2,851	-
HMRC Job Retention Scheme	-	5,081	5,081	-
	_____	_____	_____	_____
	53,954	59,048	113,002	50,360
	_____	_____	_____	_____

CELF O GWMPAS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

3. Charitable Activities

Costs Directly Allocated to Activities:

Costs Directly Allocated to Activities:
				Total	Total
		Unrestricted	Restricted	Year Ended	Year Ended
	Note	Funds	Funds	31/03/2021	31/03/2020
		£	£	£	£
Workshop Materials		123	3,250	3,373	1,223
Wages and Salaries	5	8,623	35,223	43,846	34,982
Staff Pension Costs		947	-	947	862
Project Coordinator		-	-	-	733
Staff Training		196	3,628	3,824	-
Cleaner		1,100	-	1,100	2,222
Staff Expenses		-	240	240	306
Artist and Tutor Fees		79	5,902	5,981	7,191
Volunteer Expenses		250	480	730	720
Rent Payable		50	50	100	100
Water Rates		209	-	209	320
Insurance		3,191	-	3,191	3,156
Light and Heat		2,985	318	3,303	2,721
Cleaning Materials		246	-	246	89
Gardening Costs		42	2,198	2,240	-
Repairs and Renewals		1,081	1,425	2.506	3,422
Beaufort Flat and Gallery Expenses		509	-	509	3,028
Printing, Postage and Stationery		824	350	1,174	1,282
Advertising		-	-	-	151
Website Costs		210	31	241	241
Telephone		1,423	-	1,423	992
Computer Costs		245	-	245	432
Translation Fees		124	223	347	-
Consultancy Fees		1,050	-	1,050	-
Payroll fees		-	-	-	225
Bank Charges		52	-	52	75
Credit Card Charges		79	-	79	329
Bad Debts		843	-	843	-
Environmental Waste Disposals		111	-	111	410
General Expenses		34	91	125	573
Subscriptions and Licences		-	-	-	643
Depreciation		34	393	427	195
Interest on Overdue PAYE / NI		186	-	186	200
Governance Costs	4	1,129	2,862	3,991	3,610
		___	___	___	____
		25,975	56,664	82,639	70,433
		___	___	___	____

4. Governance Costs

Governance Costs
			Total	Total
	Unrestricted	Restricted	Year Ended	Year Ended
	Funds	Funds	31/03/2021	31/03/2020
	£	£	£	£
Accountancy	250	1,320	1,570	1,250
Independent Examination	-	300	300	300
Wages and Salaries	573	1,203	1,776	1,754
Staff Pension Costs	56	-	56	53
Printing, Postage and Stationery	92	39	131	143
Telephone	158	-	158	110
	_____	___	____	___
	1,129	2,862	3,991	3,610
	___	___	____	___

CELF O GWMPAS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

5 . Staff Emoluments

Staff Emoluments
	Total	Total
	Year Ended	Year Ended
	31/03/2021	31/03/2020
	£	£
Staff Costs	45,622	36,735
Employers NIC	-	-
Staff Pension Costs	1,003	915
	____	____
	46,625	37,650
	____	____
Average number of employees	3	3
	____	____

6. Transfers between Funds

Transfers between funds in the year are: Transfer costs from Unrestricted Funds to Restricted Funds

Unrestricted	Restricted
Funds	Funds
£	£
(109)	109
___	___
(109)	109
___	___

7.	Tangible Fixed Assets		Furniture,
			Fixtures,
			Fittings and	Gallery
		Building	Equipment	Equipment	Total
		£	£	£	£
	Cost
	At 1 April 2020	47,000	14,658	1,584	63,242
	Additions	-	930	-	930
		___	___	___	___
	At 31 March 2021	47,000	15,588	1,584	64,172
		___	___	___	___
	Depreciation:
	At 1 April 2020	-	14,074	1,584	15,658
	Charge for year	-	427	-	427
		___	___	___	___
	At 31 March 2021	-	14,501	1,584	16,085
		___	___	___	___
	Net Book Value
	At 31 March 2021	47,000	1,087	-	48,087
		___	___	___	___
	At 31 March 2020	47,000	584	-	47,584
		___	___	___	___
				31/03/2021	31/03/2020
				£	£
8.	Debtors
	Other Debtors			19,315	5,234
	Prepayments			3,430	91
				___	___
				22,745	5,325
				_____	____
9.	Creditors: Amounts falling due within one year
	Other Creditors			6,204	10,436
	Accruals			1,800	1,550
	Short Term Loan from Trustees			-	3,000
				___	___
				8,004	14,986
				___	___

CELF O GWMPAS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Funds
	At	Incoming	Resources		At
	01/04/2020	Resources	Expended	Transfers	31/03/2021
	£	£	£	£	£
Unrestricted Funds:
General Funds	32,831	70,126	(25,975)	(109)	76,873
	___	___	___	___	___
Total Unrestricted Funds	32,831	70,126	(25,975)	(109)	76,873
	___	___	___	___	___
Restricted Funds:
Restricted Capital Funds
Arts Council of Wales	102	-	(34)	-	68
Tesco	381	-	(127)	-	254
PAVO	-	-	(232)	930	698
	___	___	___	___	___
	483	-	(393)	930	1,020
	___	___	___	___	___
Restricted Income Funds
Arts Council of Wales – Training	15,539	-	(9,826)	-	5,713
Tesco	1,344	-	(531)	-	813
BSW Sawmill	500	-	-	-	500
Art Boxes	1,350	3,651	(2,193)	2,900	5,708
Arts Council of Wales – Covid 1	-	12,634	(9,843)	(2,791)	-
Arts Council of Wales – Covid 2	-	16,811	(16,811)	-	-
Heritage Lottery – Look Up	-	6,800	(3,082)	-	3,718
Llandrindod
PAVO – Well Being	-	1,449	(285)	(930)	234
Powys County Council – Walkway	-	12,622	(8,619)	-	4,003
HMRC – Job Retention Scheme	-	5,081	(5,081)	-	-
	___	___	___	___	___
	18,733	59,048	(56,271)	(821)	20,689
	___	___	___	___	___
Total Restricted Funds	19,216	59,048	(56,664)	109	21,709
	___	___	___	___	___
Total Funds	52,047	129,174	(82,639)	-	98,582
	___	___	___	___	___

Purposes of Restricted Funds

Purposes of Restricted Income Funds: Arts Council of Wales – Training - Funding for training. Tesco - Funding for art boxes for learning disabled participants of workshops. BSW Sawmill - Funding to provide art workshop for people with dementia. Art Boxes - Funding to assemble art boxes for care homes. Arts Council of Wales – Covid 1 - Funding for core costs during pandemic. Arts Council of Wales – Covid 2 - Funding for core costs during pandemic. Heritage Lottery – Look Up - Funding for postcards based on Llandrindod Wells architecture. Llandrindod PAVO – Well Being - Funding to provide outdoor work area during pandemic. Powys County Council - Walkway - Funding for gardening and to provide art work for Llandrindod Wells walkway. HMRC – Job Retention Scheme - Funding for wages during pandemic.

CELF O GWMPAS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

	Tangible	Net Current
	Fixed Assets	Assets	Total
	£	£	£
Restricted Funds	1,020	20,689	21,709
Unrestricted Funds	47,067	29,806	76,873
	__	__	__
	48,087	50,495	98,582
	__	__	__

13. Trustees Remuneration and Expenses

No Trustees were reimbursed in the period for costs incurred attending meetings (2020 - £Nil). A Trustee was reimbursed volunteer expenses of £730 (2020 - £400).

No members of the Trustees or any person connected with them has received or is due to receive any remuneration for the period they were a Trustee directly or indirectly from the charity’s funds.

14. Taxation

Celf O Gwmpas is a registered charity and is therefore not liable to taxation.

15. Contingent Liabilities

The trustees are not aware of any contingent liabilities in respect of grants made to Celf O Gwmpas by certain authorities and organisations.