Company Registration Number 03663661
Registered Charity Number 1073317
COMMUNITY ARTS RHAYADER AND
DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
REPORT AND ACCOUNTS
For the year ending 31 March 2024
*ADE21V13T*
1911¢Y2024
COMPANIES HOUSE
#78

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name
Community Arts Rhayader And District
Charity registration number
1073317
Company registration number
03663661
Registered office
Unit 2 East Street, Rhayader. Powys. LD6 SER
Trustees
For the purposes of the Companies Act 2006, the Board of Trustees is Ihe Board of Directors of the
charitable company and is referred to as the Trustees throughout this report.
The Trustees of Community Arts Rhayader And District ICARADI during the period and to Ihe date
of signing Ihis report are as follows..
Ms C A118n (Chairl
MslKBass
Mr P Cox MBE
Ms H M Curry
Ms M Elster
Ms T L Milchell
MsJAETyler
Mrs J Woroan
Resigned 1 July 2024
Resigned 21 February 2024
Independent Examiner
Mr P O'Hara FCA, Chartered Accountant, 26 La Sagesse,
Jesmond. Newcastle upon Tyne NE2 3AF

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 31 March 2024
The Trustees. who are also Directors for the purposes of company law. present their report and the
unaudiled financial statements of Ihe charity for the year ended 31 March 2024.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Documents
CARAD is a charitable company limited by guarantee, incorporated on 6 November 1998 and
registered as a charity on 14 January 1999.
The charity is controlled by ils governing document. its Memorandum & Articles of Association, and
constitutes a limited company, limited by guarantee. as defined by the Companies Act.
The Directors of the company are also Trustees of the charity.
Eligibility for membership of the charity, and membership of the Board of Truslees. is governed by
the Articles of Associalion. There are no restriclions in the governing document on the operation of
the charity other than those imposed by general charity law.
Charitable Purpose
The Objecls of the charity are to promote the benefit of the inhabitanls of mid-wales without
distinction of sex, sexual orientation, race or polilical, religious or other opinions by associating
together the said inhabitanls and the Local Authorities, voluntary and other organisations in common
effort to advance education and to provide facilities in the interests of social welfare for recreation
and leisure time occupations with the object of improving the conditions of life for the said inhabitants.
structure and Governance
The charity currently has a Board of six non-executive Trustees.
The Board meets a minimum of four times per year. The Board receives written reports and agendas
which are circulated in advance of meetings from the Director. The Board has an annual calendar to
ensure essential business is discussed and reviewed in a timely basis. Ongoing governance of the
charity is maintained through regular meetings with the Director.
We have had one resignalion at the end of 2023124 and all Trustees have contributed to the running
of CARAD. We have held regular Board meetings and communicated via phone and email if any
decisions needed to be made or information shared between meetings.
The Chair would like to thank fellow Trustees for their support and especially to thank Krysia Bass
as Co Director. Tess Mitchell and Jose Worgan for their work on the displays and collections and
Peter Cox for their long hours of hard work and support over Ihe year.
We would like to thank our Museum Mentor, Carol Whiltaker, (who also attends Board meetings) for
her considerable expertise and advice over Ihe year.
Recruitment and Appointment of Board of Trustees
Trustees are elected to the Board based on discussions and recommendations offered by Trustees
and outside advisors to the charity. as well as through a range of advertising channels.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)
Truslee Induction and Training
New Truslees are inducted by the Chair of the Board and Director and are provided with a range of
resources to support their understanding of CARAD'S activities. The balance of the Board is reviewed
on an annual basis with reference to current skills on the board and the operational needs of the
charity. Trustee training is delivered either through external advisors or charity members of staff.
Staffing
We wish to thank all our slaff for Ihe dedicalion Ihey put into Iheir work and their willingness to work
flexibly to respond to often unexpected demands or events. In particular..
Michelle Thomas has been our Finance Officer. who has kept the books balanced and
ensured thal funding is correctly allocated. She has produced financial forecasts and
calculations to support various funding bids.
Aster Woods, our Digital and Projects Officer, has run our social media and website. She
produced our regular newsletler and run and designed with us our digital. graphic displays.
and other projects.
Elaine Lewis has been our excellent cleaner over the year.
Luke Lawrence has been kept on until December 2023 via funding from Elan Links to
continue archiving the colleclions onto specialised digilal management software. This will
make them accessible to a wider public.
Rosie Slay was seconded lo CARAD in January 2024 from Elan Links Landscape
Partnership to help facililate Ihe opening of Timescape Rhayader in July.
We have employed session workers to run workshops and outreach evenls and to do some
maintenance work, including Timescape display building along with volunteers. We would
particularly like to thank Rob Hill, Jane Mason and Gemma Jones as regular session staff.
Reserves Policy
The Truslees have reviewed the charity's needs for reserves in line wilh the guidance issued by the
Charity Commission, having reviewed the risks facing Ihe organisation, seeking lo maintain a level
of reserves which enables the charily lo operale effeclively wilh financial stability and the means lo
fulfil its charitable purpose.
The Trustees aim lo hold a level of Unrestricled Reserves which enables the charity to have sufficient
working capital to continue to operale and also reflecls the risks associated with shortfalls in funding.
especially withdrawal of support from existing funders. If alternative sources of funding were not
forthcoming, then this amounl would provide the means for CARAD lo settle any oulstanding
contracts and close the company in an orderly manner.
We have reviewed these costs in relation lo statutory redundancy pay and the liabilities for our
building We have calculated these as £10,000 for statulory redundancy costs and staff notice
periods, plus a further £15.000 to £20.000 for Ihe building-related costs, insurance and services.
Therefore, the Truslees anlicipale Ihe Unrestricted Reserves needed to fulfil these criteria as
£10,000 as a minimum. and the larget level of Unrestricted Reserves to be in the range of £25.000
to £30,000.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT {CONTINUED)
Reserves Policy (Cont.)
The charity's total Unrestricted Reserves at 31 March 2024 are £60,716.
Free Reserves, defined as non-designated Unrestricted Reserves minus the value of Unreslricled
Tangible Fixed Assets {£65,306), are therefore £{4,590) and therefore fall below the target range.
The Trustees aim, Ihrough their budgeling processes, to restore Free Reserves lo within Ihe target
range within 3 years.
The Board regularly reviews the level of reserves that are required to ensure that they are adequate
to fulfil our continuing obligalions and to allow Ihe organisation to fulfil ils charitable purpose.
Grant Making Policy
The charity does not currenlly engage in grant-making activily.
The Contribution of Volunteers
The day-to-day running of the organisation has been done by two Trustees, Catherine Allan and
Krysia Bass, acling as pro bono co-Direclors.
Trustee Peter Cox has continued the logistical work needed lo deal with, move and sort project
materials, Timescape artefacts, as well as supporting volunteers and the inslallation and design
process.
We have been very well supported by other volunteers, In 2023124, we had 58 volunteers
delivering 5.100+ hours of voluntary work and expertise. doing lasks such as..
Administration. fundraising, management
Community liaison, volunteer support
Timescape's collections management
Logistical support re moving objects and managing storage and malerials
Timescape displays - design and content research and collaboration, building display units.
painting and display creation
Translation support, digital support
Outreach activity including logistics and public engagement. stewarding. delivering and
supporting aclivities and workshops
Digital aclivities
Stewarding and front of house in Timescape Rhayader
. and all the small and larger ways in which volunleers have helped deliver the charity's
objectives.
We have been fortunate in atlracting new. younger volunteers to help us.
Our work builds community cohesion, environmental awareness and strives to achieve social
justice. Our projecls offer support to help the health, wellbeing and improve the skills of individuals
and where appropriate, their employabilily and this would not be possible without our volunteers.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT
For the year ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)
The Contribution of Volunteers (Cont.)
However vital a role our volunteers play in the organization, we are fundraising lo be able to
employ paid staff. The organisation is reliant on two full-time Trustees in particular. both of whom
have found the process of redesigning and redeveloping the museum into Timescape Rhayader
physically and mentally challenging This makes CARAD vulnerable should one or both become
unable to continue in post.
OBJECTIVES AND ACTIVITIES
Public Benefit
The Trustees understand and have discussed the implications of the provisions of Ihe Charities Act
2006. which stale thal all charities musl demonstrate that they are established for public benefit, and
have had due regard to the public benefit guidance issued by the Charity Commission. The Trustees
believe that the charity meets both of the key principles.
Principle 1 There must be an identifiable benefit. or benefits
Learning and participation are at the heart of CARAD.
The organisation carries out in-house workshops and activities and an outreach programme for
schools and community groups. CARAD has a programme of learning aclivilies and events
specifically designed for children and young people, including formal, informal and family focussed
workshops.
Principle 2 - Benefit musl be to the public, or a seclion of the public
CARAD'S work is available to all members of the public.
Our participant backgrounds range from local to refugee families, families in crisis or with difficult
circumslances, neurodiverse participants of all ages, participants with a range of and complex
combinalion of mental and physical health issues and those with fewer resources Ihan many in this
already resource-poor community.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 37 March 2024
OBJECTIVES AND ACTIVITIES
Risk Management
The Trustees of the charily regularly review the major governance, operational and financial risks
which the charity faces as part of its annual business planning process and confirm that systems
have been established to mitigate these risks.
CARAD has a risk management strategy in place which comprises..
an annual review of Ihe strategic risks the charity may face via the business plan
the establishment of systems and procedures to mitigate those risks identified
the implementation of procedures designed to minimise any potential impact on the charity
should those risks materialise.
The Trustees are satisfied that appropriate financial systems and controls and employment policies
and practices are in place.
The Trustees consider the key risks facing the charity al this time and the miligaling actions taken to
be as follows..
Vulnerability lo the loss of key leam members, particularly in respect of reliance upon Iwo Trustees
lo manage CARAD on a full-lime basis
Fundraising strategy to targel funding to support the appointment of paid staff lo manage the
day-to-day running of CARAD
Failure to secure adequate funding income (from trusts and foundations, earned income, individual
giving and the impact of any shortfall on liquidity of the charity}'.
Fundraising strategy regularly reviewed by Trustees and amended where appropriate.
Regular review of reserves policy along with financial forecasts, cash flow management an(J
review of operational business plan.
Navigaling the challenges arising from Ihe current economic climate. maximising income generation,
fund raising and donations, minimising expenditure at a lime ol uncertainty.
Regular financial monitoring, flexibility and adaplability adapted as keystone principles within
our business plan.
Trustees also manage the general financial risks arising by ensuring that..
Prudent budgets have been sel for the nexl.financial year
The charity maintains a prudenl. low-cost operating base
Regular management accounts are provided. showing performance against budgel
Conlingency plans are in place should Income levels appear unlikely lo reach targets
Reserves policies have been adopted which provide an appropriate amount of uncommilted
reserves which will enable the charily to meet its liabililies.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 37 March 2024
ACHIEVEMENTS AND PERFORMANCE
Summary of main achievements of the charity during the year
The Museum: Timescape Rhayaderl Amserwedd Rhaeadr Gwy.
We have been working with around 58 volunleers this year and are in a final push to open the
redeveloped Timescape by the end of July 2024. This will provide the area with an all-weather
visitor attraction which will help people to understand our area and plan to visit other local places.
This redevelopment and interpretation has been the main focus of our work this year.
Our volunteers come from a wide range of backgrounds with many facing one or more challenges
in terms of physical and mental health, social or family difficulties and disabilities. For example, we
have several autistic volunteers who also have learning difficulties. We are proud of the difference
we have made lo their lives. It is pleasing to see people come to us who were completely lacking in
confidence and felt unable to hold a conversation, change into confident people who can laugh and
feel safe and valued. Carers have also benefitted, either by having some social activities (one
mother with three autistic boys was able to do some craft work and have time out knowing her
adult sons were occupied.) or be able to go shopping on their own for a couple of hours a week.
They also contributed to display making.
We have worked with the local school to provide information to support teaching elements of the
curriculum. We have developed Special Educational needs backpacks and map for Timescape.
This financial year was spent finalising the designing of new displays and installations ready for
guided tours over Ihe summer. The tours proved very popular with excellent verbal feedback. top
appreciation scores and some useful suggestions which we were able to implement. We used the
tours to do extra communily consultation lo determine what our community and visitors would like
CARAD lo do or what needs needed lo be met.
We used the winter closure to finalise the displays, interpretation and visltor flow, ready for our full
opening in May 2024. Some extra tours were held for key communily groups such as the local
Memory Circle group for people with dementia, local teachers. and friends and relalives of locals
who had donated items to the previous incarnation of Rhayader Timescape as well as more
informal tours for key visitors from the museum, local government and arts and heritage sectors.
We have had visils from academics and professors from Aberystwyth and Lampeter Universities
and the Strata Florida Trust lo look at our collection of medieval monastic objects. We have
continued to accept relevant donations from the community, some of which were timely in
informing the lelling of a particular story We have taken advice from our Museum Mentor Carol
Whittaker.
We have answered many queries from local people and visitors where we could and redirected
those questions to local people where we weren't able to answer them ourselves.
We have also been able to continue to work on our archives.
Most of our activilies have a heritage element. are based around the collections or local cullural
history and currently have strong themes of raising awareness of the climate emergency,
promoting sustainable behaviours and sense of place.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 37 March 2024
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
Summary of main achievements of the charity during the year (Cont.)
The Welsh Museum Festival
As well as popular talks, we ran events which could support the display development eg Creating a
Cellic rainforest installalion with craft and awareness raising activities. We also held an eco rave
for families with associated activities lo raise awareness of Ihe climate and biodiversity crisis with
music and animation by internationally touring animation artist and electronic music creator and DJ
Steevio and Suzybee. We also held a day long clay workshop - 'what item which would represent
your self would you leave behind, with Elan Links artist in residence Gweni Llwyd.
Our Outdoor Exhibition Space
We have conlinued to maintain our outdoor space wilh the help of volunleers and put in new
container gardening and an example of an upcycled container planting with the help of volunteers
We have also been able to do some work lo maintain the rest of the grounds to enable projects to
happen (for example, Hearth and Homel, and improve access.
Online Networking and Training
We have atlended many online meetings where initialives lo get organisations to work together
and form supportive networks have been commissioned by local and national government to try to
counteract the funding shortfalls and promote co working. Most folded when the facilitators, roles
ended.
We have attended Iraining on.. Carbon Literacy for museums, several climate change related
workshops including Culture Climate and Nature, funding training including 'Meet the Funder,
sessions, Volunteer Management, several workshops with 'Kids in Museums: Activities for Children
and Young People with addilional needs and engaging families wilh children of different ages. We
have also attended an online session with the Neurodiverse Museum.
Events and Activities
International Women's Day: As well as an exhibition which featured the stories of local women, we
asked authors, storytellers and performers who live locally to presenl and perform their work. Jay
Griffilhs. Mellem Arican, Chrisline Walkins and Angela Jones presenled and talked about their
work. Singer and artist Kate Green performed and a specially commissioned piece was performed
by aerialist Kate Hart. She told the story of Victorian climber Emmeline Lewis Lloyd a pioneering
local mountaineer from Ihe Elan Valley. Cocktails were made by a mixologist, named after
significant Welsh women.
We atlended Landed Feslival and ran two days of workshops upcycling charily shop rejected
clothing and a held a 'fashion show, with the results to highlight the problems of fast fashion. We
were working with MA student Jane Mason. We also had an installation reusing our giganle
puppets as giant's DJS.
For Carnival this year, we only had Ihe capacity to take part in the procession.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 31 March 2024
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
Summary of main achievements of the charity during the year (Cont.)
We ran two workshop days for Ihe Art Fund's Wild escape with additional funding from Community
Foundation Wales Powys Church Acts Fund. We were at the RSPB Woodland Festival in the Elan
Valley Visilor Centre. with activities to raise awareness of our local habitats and Ihe
interconnecledness of the eco syslems. We also ran a Timescape nature trail for a week with a
day of activities.
Storytelling We held a successful and popular evening of storytelling with Daniel Morden in
conjunction with Radnorshire Wildlife Trusl.
We received a legacy which we matched by the Brynlitli fund administered by Rhayader Town
Council and ran four drumming workshops for local children. These had an exceptional lutor who
we would like Lo work with again but had a low turnout.
Warm Spaces or Crafternoons
We were able to continue our warm space iniliative, renamed Crafternoons. We have been able to
run weekly afternoon drop ins which had a craft workshop teacher, a paid facilitator to meet and
offer support or additional informalion to participants and a volunteer support person who was also
very good at chatting and welcoming people. We again found that the group was very successful in
helping people to form strong bonds, reduce isolation, feel safe and share difficult life experiences.
This sharing proved to be very healing especially for those suffering from poor mental health. We
have for example those with PTSD, trauma from multiple bereavements and abuse. We have
participants with physical disabilities from mobility problems, recovery from surgery and have two
regular deaf participants. We have those who are older and lonely or who don'l know many people
in the area. They have all bonded into an accepting and supportive group of around 20 regular
attendees.
We are fortunate as we can offer a progression from participation to volunteering lo enable people
to find their place in the community and make new friendship nelworks. In particular, one
participant ended up running one of the workshops to introduce people to her craft skill. Several
olhers helped with creating displays and learnt to clean museum objects before displaying. Others
helped with other CARAD volunteer work
Because of the capacily issues we had last year, we decided lo restrict the sessions to over 11-
year-olds and seek other funding for regular activities for families with younger and neuro diverse
children. This was helpful for participant's wellbeing.
Activities were still free to reduce any sligma of needing to be publicly supported. We offered
refreshmenls and snacks. We also offered games, puzzles and chal for those who did nol wanl lo
do the crafting aspects of the Crafternoon.
We enabled people to experience 22 different crafts, some of which participants went on to take up
for themselves. The sessions were so successful that our volunteer offered to sponsor an extra 5
sessions over the summer. These however were less well attended - because summer is a busier
time for many of our participanls.
10

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 31 March 2024
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
Summary of main achievements of the charity during the year (Cont.)
New Audlences and Partlcipants
We have a very diverse volunteer and participant base (for this areal and that is reflecled in Ihose
we work with. Our participant backgrounds range from local individuals and families, families in
crisis or with difficull circumslances, neurodiverse participants of all ages, participants with a range
of and complex combination of mental and physical health issues and those with fewer resources
Ihan many in this communily Essentially, we cater largely for people who are nol in paid
employment in the day for a variety of reasons. These have always come Ihrough our doors, but
their number is a great deal more since Covid. For this reason, we make every effort to offer free
aclivities and a welcoming and safe space.
Digital Engagement
Overall, our digital activity has improved. and we have a good presence with a diverse range and
ages of people and good feedback from commenls. Posts about local heritage and folklore are
popular, followed by Ihose on upcoming events.
Online Engagement Figures - 1 April 2022 - 31 March 2024
Website visits.. 5,174. Websile visilors.. 2,655
Facebook.. 1 ,500 followers, 4.800 interactions169.3% increase), 35.000 reach (30.4%
increase)
Instagram: Followers 435, reach 1601 (49.8%increase) interactions showed a l 00%
increase
YouTube. 898 Views, 20% increase in subscribers
Partnerships
We have provided the community engagement and heritage environmental projects with wildlife
and landscape organisations to raise awareness of the effects of climate change, draw attention to
our unique landscapes and biodiversity and suggest ways in which people can play their part in
making a drfference but also show how this can save them money. We have reached all ages with
these projects and have been chosen by the Welsh Government to be a case study to illustrate
effective community work in this area. We had a very positive final external evaluation for our part
in the Rhos Pastures Project with the Radnorshire Wildlife Trust. The report was extremely
positive in highlighting the level of local and national awareness-raising and increased local
knowledge about and emotional investment in this habitat as a result of our activities.
Elan Llnks Landscape Partnership Scheme. Many of our charitable and activily aims were
delivered via the scheme thanks to fLJndino from HLF which allowed the employment of very able
officers. We were able to work with them to deliver scheme outcomes.
We ran a Poetry Map workshop in Birmingham and locally with poet Lee Mackenzie, the results
are displayed in Timescape

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 37 March 2024
ACHIEVEMENTS AND PERFORMANCE {CONTINUED)
Summary of main achievements of the charity during the year (Cont.)
The Archaeology Festival in the Elan Valley was hugely successful with around 2,500 people
altending. despite lorrenlial rain, with two days of reenaclmenls and participatory heritage crafts
and displays, talks and demonstrations.
Hearth and Home was held at CARAD soon afterwards with two busy days of family hands on
heritage domestic crafts and activilies in and around our buildings. We had around 150 atlendees.
This was really welcomed by facilitators as the community was very enthusiastic compared to the
more urban and wealthier audiences they usually interacted with in larger stately homes - or places
which charge high entry fees. They commented on how refreshing it was to meet people who were
nol familiar with Iheir work or crafts.
We atlended the Royal Welsh Show wilh Elan Links for four days, contributing to displays and
activilies for visitors,
Watershed. This was a final event of the Artist Residency Programme, part of the Elan Links
Scheme, where we held an exhibition and showed how successful the event was both for local
artists and local people. We used the occasion to show the economic, cultural, personal and
cultural regeneration benefits of the residencies and how having cultural and arts activilies can
change an area. As well as a celebration, we held a wide-ranging discussion aboul the place of the
arts in mid Wales and why they are needed and how we could build on that success.
We conlributed lo a heritage exhibition in Highbury Hall, Birmingham, and arts exhibitions in
Midland Arts Centre, Birmingham and Aberystwyth Arts Cenlre.
Feslival of the Five Senses - aclivily days based around awareness of the nalural environment via
the five senses.
We took part in an end of project Elan Links event.
Two digital 3D films were produced. reconslructing life in the Cwm Elan Mine and Roman Marching
camp which are currently available to see in Timescape.
We held Minecraft days in the Elan Valley and two in Birmingham
We collected many oral hislory recordings which are still ongoing and being processed.
Advocacy
One of our roles is advocacy at national level, either online or in person, something which is vital
given the reduction in public service funding and access to arts or heritage in the area.
CARAD has continued its outreach and family heritage work, Using creative ways to enable local
families to feel part of the community.
Trustees Calh Allan and Peler Cox were inviled lo speak at Ihe Welsh Theatre and the Climale
Crisis conference in Aberystwylh.
We hosted and helped to facilitate a consullation event about Future Arts Provision in Powys from
which an arts strategy would be developed.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 31 March 2024
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
Summary of main achievements of the charity during the year {Cont.)
Community classes and conferences
We have hosted:
Pilates, Yoga, various exercise classes, Line Dancing, adult and children's aerial skills.
sessions for Mind on Bereavement support, New Mother's Group, and 'Get back active,
sessions,
four sessions by a doula for pregnant and new molhers
several talks about the natural world and local heritage
Rhayader By Nature lalks
Radnorshire Wildlife Trust soil sampling workshops
Music nights with local musicians
Energy advocacy and referral
Nalional Resources Wales conference
Arts Connection communily workshop
We also attended a 'VVhat Next, careers day for people with additional needs and disabilities to
highlight the opportunities in the sector and of volunteering if employment was too challenging an
option.
Fundlng
At the start of Ihis financial year, we were still impacted by the legacy of Covid and lockdowns. Our
usual income streams were lost and have still nol fully recovered.
We have worked hard to keep up with the day-to-day management of the organisalion and
increase the number and delivery of ils projects. We have been greatly helped by slatulory Covid
relief funding and the project funding which has allowed us slill to deliver our charitable aims.
Our museum was closed and therefore income from entry fees and the shop missing We were
very affected by price rises which ate into the budget and heavily impacted what we could do.
The funding outlook is challenging and looks likely to remain so for some time.
Funders
We would like lo very much Ihank the funders mentioned later in this report for investing in our
work and for the support they have given us. Without Ihem, we would not be able to deliver the
benefits to our community that CARAD'S project work brings.
Financial Review
The out-turn for the year is an unrestricted deficit of £{21.688)12023.. Surplus £5.883). The deficit
will be deducled from Unrestricted Reserves, leaving a balance on Unrestricled Funds at 31 March
2024 of £60.716.

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 37 March 2024
FUTURE PLANS
We will continue lo be advocales for Rhayader and District to local and national governmenl.
This is an area which, because of ils rural locality, scattered population and the lack of media
coverage of evenls, is often invisible when it comes to services. transport and cultural support. The
unique voice of rural mid Wales, which has so much to offer Wales as a nation, is rarely heard
nationally. This invisibility conceals the hidden poverty. isolation. abuse and ill health that many live
with. It also leads lo a feeling of disempowerment and disenfranchisement. Our cultural and
community engagement work brings significanl funding and other benefil into the area via
partnership projects which would not happen without our participation. It allows people to access
arts and heritage experiences and also knowledge which would be missing from the area.
More specifically we want to develop..
Our education offer to schools and lo home schooled children.
Our young people's engagement program and projects
Develop our outdoor space - particularly lo run family heritage and craft events and lo
engage ALNI SEND and NEET projects. We do have a challenge in Ihal we have to
remove a large ash Iree with ash die back as well as smaller trees with rol in danger of
falling.
Our focus is increasingly on how climate change will affect our community, how they can be
included in decisions made and understand the choices they will be asked to make. We want to
continue to incorporate this in all our upcoming programs.
We are developing two cultural heritage 'trails' _ working in partnership with mid Wales arts and
heritage providers lo enable joint marketing and projects, advocacy for our sector and to increase
the positive economic and wellbeing effects of the cultural sector.
We are planning to reboot our arts programs and projecls after focusing on Ihe redevelopment of
Timescape Rhayader.
We need to recruit staff and new trustees to safeguard the future of the organisation.
We also need to offer new and updated training to all slaff and volunteers on safeguarding.
We would like to go back to a wider program of outreach work.
We also need to recruit more volunteers lo provide Front of House and invigilation cover for
Timescape Rhayader to maintain and possibly increase our opening times.
14

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
For the year ended 31 March 2024
RESPONSIBILITIES OF THE TRUSTEES
The Truslees {who are also the Directors of CARAD for the purposes of company law) are
responsible for prepaiing the Trustees, Annual Report and the financial slalements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the Trustees to prepare financial slatements for each financial year which
give a true and fair view of the slate of affairs of the charitable company and of the incoming
resources and application of resources, including the income and expenditure. of the charitable
company for Ihat period.
In preparing Ihese financial statements. the Trustees are required to..
select suitable accounting policies and then apply Ihem consistently.,
observe the methods and principles in Ihe Charities SORP,
make Judgmenls and estimates Ihat are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject lo any
material departures disclosed and explained in the financial stalements..
prepare the financial statements on the going concern basis unless it is inappropriate to
presume Ihat the charitable company will continue in operation.
The Trustees are responsible for keeping proper accounting records Ihat disclose with reasonable
accuracy at any time the financial position of the charitable company and enable Ihem to ensure that
the financial stalemenls comply with the Companies Act 2006, The Trusiees are also responsible
for safeguarding the assels of the charitable company and hence for taking reasonable steps for the
prevention and delection of fraud and olher irregularities.
Signed on behalf of the Trustees
Catherine Allan
Chairrrrustee
Company Registration Number 03663661
16 October 2024

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS ON THE
UNAUDITED ACCOUNTS OF COMMUNITY ARTS RHAYADER AND
DISTRICT FOR THE YEAR ENDED 31 MARCH 2024
I hereby report to the Trustees of CARAD (Charity Registration Number 1073317) on my
examination of the accounts for the year ended 31 March 2024 set out on pages 17 lo 30.
Responsibilities and Basis of Report
As the charity's Truslees (and also its Directors for the purposes of company law), you are
responsible for the preparation of the accounls in accordance wilh the requiremenls of Lhe
Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audiled under Part
16 of Ihe 2006 Acl 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 Examinetrs Statement
I have completed my examinalion. I confirm that no matlers have come to my attention in
conneclion with the examination giving me cause to believe..
accounting records were not kept in respect of Ihe Company as required by section 386 of
Ihe 2006 Act., or
2. the accounts do not accord with Ihose records.. or
3. the accounts do not comply with Ihe accounling requirements of section 396 of Ihe 2006
Acl other Ihan any requirement thal Ihe accounts give a 'true and fair view, which is not
matter considered as part of an independent examination., or
4. the accounts have not been prepared in accordance with the methods or principles of the
Statement of Recommended Practice for accounting and reporting by charities (applicable
lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable irs Ihe U K and Republic of Ireland (FRS102)1.
I have no concerns and have come across no other matters in connection with the examinalion to
which altention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Pete O'Hara, FCA, Chartered Accountant
Fellow of the Inslitute of Chartered Accountants in England & Wales
26 La Sagesse. Jesmond, Newcastle upon Tyne NE2 3AH
16 October 2024
16

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Note
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Income
Income from Investments
33
33
Income from Granls, Donations &
Legacies
5,761
47,292
53,053
57.392
Income from Charitable Activities
10.061
10,061
14,855
Total Income
15,855
47,292
63,147
72,255
Expenditure
Expenditure on Charitable
Activities
37,543
61.662
99,205
101,328
Total Expendlture
37.543
61,662
99,205
101,328
Net Incomel(Expenditure)
(21.688)
(14,370) 136,058) {29,073)
Balance brought foward at 1 April
82,404
378,198
460,602
489,675
Balance carried fonmard at 31
March
£60,716
£363,828 £424,544 £460,602
The noles on pages 19 lo 30 form part of the financial statements.
All of Ihe aclivilies of Ihe company are classed as continuing.
The Statement of Financial Aclivilies includes all gains and losses in the year and therefore
a statement of total recognised gains and losses has nol been prepared.
17

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL POSITIONIBALANCE SHEET
ASAT37 MARCH 2024
2024
2023
Notes
Fixed Assets
Tangible Fixed Assets
417.182
435,184
Current Assets
Slocks
Debtors
Cash At Bank & In Hand
5,240
5.248
5,814
16,302
3,463
4,741
22,856
31.060
10
Credltors- Amounts Falllng Due Withln 1 Year
(8,940}
15.642)
Net Current Assets/(Liabililiesl
7,362
25,418
Total Net Assets
£424 544
£460,602
Represented by:
Unrestricted Reserves- General
60,716
82,404
Restricted Reserves
14
363,828
378,198
£424,544
£460,602
The notes on pages 19 lo 30 form part of the financial slalements.
The Trustees are salisfied that for the year ended 31 March 2024 the charity was entitled lo exemption under
section 477121 of the Companies Aci 2006.
The Trustees also confirm that the Members have not requlred the charity to oblain an audil in accordance
with section 476 of the Companies Act 2006
The Trustees acknowledge their responsibilities for..
li) ensuring thai the charity keeps adeouale accounting records which comply with section 386 of Ihe Acl.
and
lill preparing fin8ncial statements which give a true and fair view of the state of affairs of the charity as al Ihe
end of the financial year and of its profit or loss for Ihe financial year in accordance with the requirements of
section 393, and which otherwise comply wilh the requirements of the Aci relating lo financial slalefflents. so
far as applicable to Ihe charily,
These financial statements were approved and signed by a Member of the Board of
Trustees on 16 October 2024.
LiÉth iu
Catherine Allan
Trustee
Company Registration Number 03663661
18

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting Policies
Basis of Accounting
These financial slatements have been prepared in accordance with applicable United
Kingdom accounLing slandards. including Financial Reporting Standard 102
'The
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland,
{'FRS 102.1, and with the Companies Act 2006 and the Statemenl of Recommended
Practice (Charities SORP FRS 102) "Accounting and Reporting by Chanties" and the
Charities Act 2011
The financial slatements have been prepared on the historical cost basis, modified to
include certain financial Instruments at fair value.
Advantage has been taken of the provisions in the SORP for Charities applying FRS 102
Update Bulletin 1 not to prepare a statement of cashflows.
The financial statements are prepared in slerling, which is the functional currency of the
charity.
Taxation Status
CARAD is a Charity registered under the 1960 Charities Aci and is accorded exempllon
from liability to taxation on its income under S505 Income and Corporation Taxes Acl 1988.
Going Concern
There are no maierial uncertainties about the charity s ability to continue.
Income
All income is included in the statement of financial activities when the chafily is enliLled to
the income, any performance related conditions alLached have been met or are fully within
the conlrol of the charity. the income is considered probable and the amount can be
quantified with reasonable accuracy.
The following specific policies are applied to particular categories of income..
Donations and legacy income is received by way of donations. legacies, grants and
gifts and is included in full in the Statement of Financial Activilies when receivable.
GranLs, where entitlement is not conditional on the delivery of a specific performance
by the charity, are recognised when the charity becomes unconditionally entitled to
the grant.
Investment income is included when receivable.
Income from charitable trading activity is accounled for when earned.
Other income is accounted for when receivable.
19

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 37 MARCH 2024
Accounting Policies (Continued)
Operating Leases
The charity classifies the lease ofcertain types ofequipment as operating leases as the title
to the equipment remains wilh the lessor. Rental charges are charged against income on
8 slraighl-line basis over the period of the lease.
Tangible Fixed Assets and Depreciatlon
Depreciation is provided on any fixed assets at rates calculated to write off the assets over
their remaining useful lives as follows,,
Equipment
Fixtures & Fittings
Planl & Machinery
Freehold Property
25% straight line on cost
20% straight line on cost
10% straighl line on cost
2.5% slraighl line on cost
A full year's depreciation charge is applied in the year of acquisllion and no charge is made
in the year of disposal.
Impairment of Fixed Assets
review for indicators of impairmenl is carried out al each reporting dale, wilh the
recoverable amount being estimated where such indicators exist. Where the carrying value
exceeds the recoverable amount, the asset is impaired accordingly. Prior impairmenls are
also reviewed for possible reversal at each reporting date.
Financial Instruments
A financial asset or a financial liability is recognised only when the charily becomes a party
to the contractual provisions of the instrument. Basic financial instrumenls are initially
recognised at the amount receivable or payable including any relaled transaction costs.
Currenl assets and current liabilities are subsequently measured at the cash or other
consideration expected lo be paid or received and nol discounted.
Debt instruments are subsequently measured at amortised cost where there is a malerial
adjustment.
Fund Accounling
Unrestricted funds are available for use at the discretion ofthe truslees in furtherance of the
purposes of the charity.
Designated funds are unrestricted funds earmarked by the trusiees for specific purposes.
Reslricted funds are subjected to restriclions on their expendilure imposed by the donor.
20

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting Policies (Continued)
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance fc
obsolete and slow moving items.
Judgements and Key Sources of Estimation Uncertainty
The preparation ofthe financial statements requires management to makejudgements, estimates
and assumplions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectalions of
future events that are believed to be reasonable under Ihe circumstances.
There are no significant judgements or estimation uncertainty included within the financial
statemenls.
Pensions
CARAD contributes lo a defined contribution pension scheme. Further details can be founij in
Note 9.
For the defined contribution scheme, the amount charged to the Statement of Financial Aclivilies
in respect of pension costs is Ihe contributions payable in the year, Differences between
contributions payable in Ihe year and contributions aclually paid are shown as either accruals or
prepayments in the Balance Sheet.
Legal Status
The charity is a company limited by guarantee and has no share capital. The liability of each
member in the event of winding up is limited to £1. The company law members of the charity are
the members of its 8oard of Truslees.
Income from Investments
Unrestricted Restricted
Funds
Funds
2024
2023
Interest Receivable
33
£33
33
£33
£8
The 2023 lolal of £8 was wholly atlributable to Unrestricted Fun(5s.
21

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from Grants, Donations & Legacies
Unrestricted Restricted
Funds
Funds
2024
2023
Community Foundation in Wales (CFW)
CFW - Powys Welsh Church Acl-
Crafternoons
Elan Links
FMAG - Wild Escapes
FMAG - Celtic Rainforesuclimate Rave
Group for Education in NAuseums
Llysdinam Trust
Oakdale Trust
PAVOIComic Relief- Warm Spaces
PAVO Communily Renewal Fund
PAVO Loneliness & Isolation Fund
Powys County Council {PCCI
PCC Community Venue Fund
PCC Covid Community Recovery Grant
PCC Summer Of Fun
PCC Warm Spaces
Rhayader Town Council
Welsh Government
Welsh Waler Elan Trust- Hearth & Home
Welsh Water Elan Trust- Timescape
4,930
4,550
4,930
4,550
5,585
2,314
892
1,246
5.585
2,314
892
1,246
3,000
5,000
6,434
3,000
6,000
5,000
5.678
7,668
2.500
2,000
718
7,209
2,055
912
400
7,500
5,000
2,500
2,500
1,000
1,000
6,000
1,000
13,275
51,292
6,000
1,000
13,275
47,292
4,000
55,074
Don8lions
1,761
1,761
2,318
£5,761
£47,292
£53,053 £57,392
Of the 2023 total of £57,,392. £17,352 was attributable to Unrestricted Funds and £40,040 to
Restricted Funds.
22

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 37 MARCH 2024
Income from Charitable Activities
Unrestricted Restricted
Funds
Funds
2024
2023
Thealre, Museum & Sludio Income
Projecl Income
9,661
400
£10,061
9,661
400
£10,061
12.755
2,100
£14,855
The 2023 total of £14.855 was wholly attributable to Unreslricted Funds.
Expenditure on Charitable Activities
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
ProductionlProject Costs
WorkshoplProject Costs
Purchases & Studio Materials
1,287
1.149
2,436
13.355
14,642
1.149
15,791
7.892
990
8,882
13,355
Support Costs
Rent & Rales and Premises Costs
Depreciation & Amortisation
Salaries & On Costs
Other Support Cosls
20.788
2.736
4,525
5.138
33,187
20,788
25,754
26,033
8.919
81,494
25,604
24,203
29,151
3,048
82,006
23,018
21.508
3,781
48,307
Governance Costs
Accountancyllndependent
Examination
Freelancelconsultancy Support
1.920
1,920
1,920
8,520
10,440
1,920
1.920
£37.543
£61,662
£99,205 £101,328
or the 2023 total of £101 ,328. £26.332 was attributable to Unrestricted Funds and £74.996 to
Restricted Funds.
23

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH a?24
Net IncomellExpenditure)
2024
2023
Net incomel(expendllure) is stated after chargingl{crediting)
Independent Examiner's Fees - current year
Depreciation of owned Fixed As5elS
1,920
25,754
1.920
24.203
Staff Costs & Trustees, Remuneration
2024
2023
Gross Salary Costs
Redundancy Costs
Employer's National Insurance
Employer's Pension Contributions
25,483
271
28.894
279
£26,033
257
£29,151
No employee received remuneration of more than £60.000 during the year (2023 - Nil).
The chariLy defines Key Management Personnel as the Truslees. No remuneration was paid
by the charity during the year Lo Key Management Personnel, {2023, £Nil).
The average number of slaff employed during the year, calculaled as full-lime equivalents,
was as follows..
2024
No
2023
No
Artistic Production and Support
Pension benefits are provided through a Group Personal Pension Scheme. which is a defined
contribulion scheme. The assets of the scheme are held separately from those of the company
in 8 separately administered fund. In Ihe year lo 31 March 2024 CARAD made an employer's
contribution of 3% of pensionable pay, provided that the employee makes 3 minimum
contribution of 5%.
These amounts are paid over lo the scheme on a monthly basis. Contributions of £53 were
outstanding 8t 31 March 2024 (2023. £47}
No remuneratlon has been paid lo any TrusleeslDirectors in the year (2023.. £Nil)
No reimbursemenl has been made of any Travel an(J Subsistence expenses to Truslees in
respect of their work on behalf of the charily12023.. £Nill.
24

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Tangible Flxed Assets
Freehold
Land
Freehold
Buildings
Plant &
Machinery
Cost
Al 1 April 2023
Additions
At 31 March 2024
100.000
454,257
8,656
100,000
454,257
8,656
Depreciation
Al 1 April 2023
Charge for year
Al 31 March 2024
155,025
12,348
167.373
1,687
866
2,553
Net Book Value
AL 31 March 2024
£100,000
£286 884
At 1 April 2023
E100.000
£299,232
£6,969
Flxlures &
Flttlngs
IT & Offlce
Equlpment
Total
Flxed
Assels
Cost
At 1 April 2023
Addilions
At 31 March 2024
116,226
7,752
123.978
59,863
739,002
7,752
746.754
59,863
Depreciation
Al 1 April 2023
Charge for year
At 31 March 2024
100.088
6,234
106.322
47,018
6,306
53,324
303,818
25,754
329.572
Net Book Value
Al 31 March 2024
£17 656
£10 178
£417 182
Al 1 April 2023
£16.138
£12,845
£435,184
Revaluation of Fixed Assets
In November 2009, following a major conversion of Unil 1 lo house the Rhayader Museum,
the unit was revalued by Mccarthy. surveyors, at £220,000, based upon a freehold with
vacant possession. An adjustment was made to reduce the holding value of the Unil 1
assets to the revalued amount.
25

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Stock
2024
2023
Goods for Resale
5,240
£5,240
3,463
£3.463
10.
Oebtors
2024
2023
Trade Debtors
Prepayments
3,695
1,553
£5,248
3,172
1,569
£4,741
11.
Creditors- Amounts Falling Due Within l Year
2024
2023
Other Taxes & Social Security Costs
Pension Scheme Credilor
Trade Creditors
Income Received In Advance
Other Creditors
Accruals
69
53
5.707
108
134
2.869
£8,940
47
2,247
130
259
2,959
£5,642
12.
Analysis of Net Assets between Funds
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Fixed Assets
Stock
Debtors
Cash at Bank and In Hand
Creditors- Amounks Due Within 1 Year
65,306
417.182
435.184
5,240
5.240
3.463
5,248
5,248
4.741
{6,138)
5,814
22,856
8,940
8,940
5,642
£60,716 £363.828 £424,544 £460,602
351,876
11,952
26

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
13.
Analysis of Charitable Funds
Fund at Incoming Resources
Fund at
1 April Resources
Expended 31 March
2023
in Year
in Year
2024
Unrestricted General Fund
82.404
15,855
(37,543)
60,716
Restricted Funds
Ashley Family Foundation
Capital Projecl
CFW - Powys Welsh Church Act-
Crafternoons
CFW . Powys Welsh Church Act
Community Foundation in Wales
Community Foundation in Wales
Donation - Music Project
Donations - CurtainlLaptop
Elan Links
FMAG - Cellic R8inforesUCllmate
Rave
FMAG - Wild Esc8pes
FMAG - Accredilation Support
Group for Education in Museums
Moondance Foundation
Museum Project
Oakdale Trusl
PAVO Discretionary Capital Grant
PAVO Loneliness & Isolation Fund
PAVO Social Development Fund
PAVOIComic Relief- Warm Spaces
PCC Community Venue Fund
Rhayader Town Council
Welsh Government
Welsh Government Capital
Transformation Grant
Welsh Water Elan Trust- Hearth &
Home
Welsh Water Elan Trust - Timescape
2,400
189,732
{8001
14.2941
14,4501
1,600
185.438
100
4,550
120
2.481
{1201
{3551
14,3601
{4301
{2081
{5,5851
(8921
2,126
570
4.930
430
828
620
5.585
892
2,314
(2,314)
(194)
(614)
(299)
(4.5191
(5,960)
(1251
(5,000)
387
193
632
1,246
299
84.161
960
250
2.500
219
354
538
4CYJ
79,642
5.000
125
2,500
108
1354)
(180)
1400)
(6,000)
110,473)
358
6,000
92,139
81.666
1.000
(1,000)
13,275
47,292
(2,625)
(61,662)
10,650
363,828
378,198
Total Funds
£460,602
£63,147
£{99,205) £424,544
27

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 37 MARCH 2024
13.
Analysis of Charitable Funds {Cont.)
Name of Restricted Fund
Description,
Nature & Purpose of the
Restricted Fund
Ashley Family Foundation
Towards the costs of a graphic designer and
participaiory artisudesigner to creale new museum
displays
Capital Project
Capital grants received Lo fund the acquisition and
original refurbishment of the charity's property
Church Fund in Wales Powys Welsh Towards the cosis of 8 project to create a 3D
Church Act
printed map
Church Fund in Wales Powys Welsh Towards Ihe cosls of our warm space initiative,
Church Act - Crafternoons
renamed Crafternoons
Community Foundation in Wales
Towards Ihe cosl of IT equipment
Community Foundation in Wales
Towards the costs of cultural sector cost of living
increases
Donation - Music Project
Towards the cosi of music workshops
DonaLions- CurtainlLaplOP
Towards the purchase of curtains and a laptop
Elan Links
Towards the cost of an Archiving Assistant
Federation of Museums & Galleries Towards Ihe cosi of museum equipment
IFMAGI in Wales Accreditation Support
FMAG - Celtic Rainforesvclimale Rave
Towards the costs of Celtic Rainforesuclimate
Rave
FMAG - Wild Escapes
Towards the costs of Wild Escapes
Group for Education in Museums
Towards Lhe costs ol learning support activities
Moondance Foundation
Towards ihe cosl of a camcorder
Museum Project
Funds received towards the Rhayader and District
Chronicles Museum and outreach project
28

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
13.
Analysis of Charitable Funds (Cont.)
Name of Restricted Fund
Description, Nature & Purpose of the
Restricted Fund
Oakdale Trust
Towards
the
cost
of
Volunleerllnterprekalion Officer
employing
PAVO Discretionary Capital Grant
Towards the costs of a laptop
PAVO Loneliness & Isolation Fund
Towards the costs of a short-term contract for
volunteer engagement and digiial work
PAVO Social Development Fund
Towards the costs of employing a lemporary
Digital Project Officer. including IT Equipment
PAVOIComic Relief- Warm Spaces
Towards the cost of providing Warm Spaces
PCC Community Venue Fund
Towards the cost of PA systems
Rhayader Town Council
Towards the cost of a music project
Welsh Governmenl
Towards the costs of cultural sector cosl of living
funding
Welsh
Governrnent
Transformation Grant
Capital Towards the refurbishment of the Museum in Unit
l including the inslallalion of a mezzanine floor
Welsh Waler Elan Trust- Hearth & Home Towards the costs of grounds clearance and other
costs of the Hearth & Home event in September
2023.
Welsh Water Elan Trust- Timescape
Towards the costs of Timescape interpretation
work
29

COMMUNITY ARTS RHAYADER AND DISTRICT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
14.
Related Party Transactions
There were no transactions in the year with related parties, such as are required to be
disclosed under the Financial Reporting Standard for Smaller Entities {Effective April 2008)
12023., Nil)
15.
Taxation
The company is a registered charity and no provision is considered necessary for iaxation.
16.
Financial Commitments
No material financial commitments have been made in respect of future financial periods.
20.
Company Limited by Guarantee
The charity is incorporated under the Companies Acl 1985 and is limited by guarantee,
each member having undertaken to contribute such amounts not exceeding £1 as may be
required in the event of the company being wound up whilst he or she is still a member or
within one year thereafter,
There are currently 8 members of Ihe company (2023 - 8 members).
30