Canolfan Owain Gl ndwr C f
ort and Financial Statements
coverRn the
ear ended
5t
31 December 2023

Canolfan Owain Gl ndwr C f
Contents
Page
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the financial statements

Canolfan Owain Gl ndwr C f.
Trustees, AnDual Re
includin directors, re
ort
for the
ear ended 31st December 2023
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity Name
Canolfan Owain Glyndwr Cyf
Charity Registration Number
1076059
Company Registration Number
03660300
Registered Office and operational address
Canolfan Owain Glyndwr
Heol Maengwyn
Machynlleth
Powyb
SY20 8EE
DirectOTS
Rh Rh Bebb
Ll D Pughe
E V Jones
STRUCTURE, GOVERNANCE AND MANAGEMENT
The organisation is a charitable company limited by guarantee, incorporated on
2. November 1998. The company was established under a Memorandum of
Association which established its objectives and powers and is governed under
its Articles of Association. In the event of the company being would up
members are required to contribute an amount not exceeding £1.

Canolfan Owain Gl ndwr
DRrectorsJ Re
for the
ear ended 31st December 2023
continued
OBJECTIVES AND ACTIVITIES
These are stated in the Memorandum of Association as being the provision and
maintenance of a community centre for the use of the inhabitants of the
community of Machynllcth without distinction of political, religious or other
opinions, including use for meetings, lectures and classes, and for other forms
of recreation and leisure-time oLcupation, including the development and use of
the Old Parliament Building (part of the Owain Glyndwr Centre) as an historical
interpretive centre.
ACHIEVEMENfs AND PERFORMANCE
The charity continues to work towards its objectives by the operation of Canolfan
Owain Glyndwr.
FINANCIAL REVIEW
The Statement of Financial Activities is shown on page 4 of the Accounts and
shows income of £46.188 and expenditure of £35.206 resulting in net income
of £10,982 as analysed between the various funds detailed therein.
All the assets shown in the Balance Sheet are held for the purpose of the
company's charitable objectives.
PUBLIC BENEFIT STATEMENT
In exercising their powers the trustees have complied with their duty to have
due regI￿d to the guidiince on public benefit IS5ucd by the Charity
Commission.
DECLARATIONS
The company has taken advantage of the small companies, exernption in
preparing the report above.
The trustees declare that ihey have approved the trustees, report (including
directors, report) above.
Signed on behalf of the charity's trusteesldirectors.
Rh Rh Bebb
26 June 2024

INDEPENDENT EXAMINER, S REPORT
TO THE TRUSTEES OF
CANOLFAN OW AIN GL YNDWR CYF
I report to the charity trustees on my examination of the accounts of the company for the year ended 31
December 2023.
st
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Pdrt 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of YOUT
charity's accounts as carried out under section 145 of the Charities Act 2011('the 201 l Act,). In caTrying
out my examination I have followed the Directions given by the Charity Commission undeT section
145(5)(b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirni that no matters have come to my attention in connection
with the examination giving me cause to believc:
accounting record were not kept in respect of the Company as required by section 386 of the 2006
Act; OT
2. the accounts do not accord with th05C ICGOTd5- or
3. the accounts do not comply with the accounting reqU1￿MentS of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair view, which is not a matteT considered
as part of an indcpenedent examination ' or
4. the accounts have not been prepared in accordance with the m¢thods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to
charities prep￿ing their accounts in accordance with the 1￿claI Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102).
I have no concerns and have comc across no other matters in cotmection with the exmainalion to which
attention should be drawn in this report in VTd¢r to enable a proper understanding of the accounts to be
reached.
R W Evans BSL Econ (Hons), FCCA
Major & Evans,
Chartered Certified Accountants,
Bull House,
15 Penrallt StreeL
Machynlleth,
Powys.
26 June 2024

Canolfan Owain Gl ndwr C f
Statement of Ffinancial Activities
includin Summa
Ineome and Ex enditure Account
for the
ear ended 31st December 2023
Note
Restricted
Funds
Unrestricted Toial
Funds
Funds
2023
Total
Funds
2022
Income
Donations and Grants
14,034
1,000
15,034
25,715
Charitable activities
7,108
7,108
4,074
Other activitics
24,046
24,046
20,738
Total Income
14,034
32,154
46,188
50,527
Expenditure on charltable activities
7,806
27,400
35,206
49,238
Net incomel(Expenditure)
Total funds brought forward
6,228
4,754
10,982
1,289
8,356
10,593
18,949
17,660
Total funds carried forward
14,584
15,347
29,931
18,949

Canolfan Owain Gl ndwr C f
Balance Sheet
at 31st December 2023
2023
2022
Current Assets
Debtors
Cash at bank
5,429
29,690
35,119
4,535
20,137
24,672
Creditors: amounts falling due
within one year
Net Assets
5,188
29,931
5,723
18.949
Funds of the charity
Restricted Income fund
Unrestricted funds
Total FuDds
14,584
15,347
29,931
8,356
10,593
18,949
The directors confirn] that:
a) for the year ended 31 st December 2023 the company was entitled to exemption
from the requirement to have an audit under the provisions of section 477 of the
Companies Act 2006.
b) no notice has been d¢positcd under section 476 of that Act Tcquiring an audit to be
caTTied out.
c) they acknowledge their responsibility for complying with thc requirements of the
Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
subject to the small companies, T¢gime and in ¢iccordance with FRSI 02 SORP.
Approved by the Board on 26 June 2024 and signed on its behalf by '.
Ll D Pugh¢

Canolfan Owain Gl ndivr C f.
Notes to the financial statements
for the 'ear ended 315¢ December 2023
Accounting Policies
a) Basis of preparation
The financial statements have been ptcpatcd undeT th¢ historical cost
convention and in accordance with FRS 102 - the Financial Reporting
Standard applicable in the UK, the Ststement of Recommended Practice .
Accounting and Reporting by Charities , the Companies Act 2006 and tbe
Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
b) Income recognition ￿)lIcIeS
Items of income are recognised and included in the accounts when all of the
Following criteria are met:
The charity has entitlement to the funds"
any performance conditions attached to the itern(s) of income have been
met or are fully within the contToI of the charity.
there is sufficient certainty that receipt of the income is considered
probable. and
the amount can be measured reliably.
c) Expenditure
All expenditure is included on an accrual basis and is recognised when there
is a legal or constructive obligation committing the charity to the
expenditure. All costs have been directly attributed to the relevant activity
cost Lategory in the Statemcnt of Financial ActivitlCS.
d) Funds
Restricted funds
GTants received from public sector bodies and others to be used in
furtherance of particular aspects of the objects of the charity are
sepaTated and treated &s restTiCted funds.
ii) UnTestrkcted funds
Unrcstricted funds are donation5 and other incorning resources
receivable or generated for the objects of the charity and are
available as general funds.

Canolfan Owain Gl ndwr C
Note5 to the financial statements
for the ear ended 31st December 2023
Restricted Unrestricted
Funds
Funds
Total
Funds
2023
Total
Funds
2022
2. Income from donations and graDts
Mach Comedy Trestival
Grant - Loteri Gymunedol
Architectural Heritage Fund Grant
Davies Chuity
Powys County Council - Ysbryd Glyndwr
Welsh GoveTnment Grant - Ysbryd Glyndwr
Welsh Government Grant - CADW Grant
1,000
1,000
306
13,728
1,000
919
306
13,728
7,500
5,440
7,106
3,750
14,034
1,000
15,034
25,715
3 Income from ¢haritable activities
G¢n¢ral Icttings
7,108
7,108
7,108
7,108
4,074
4,074
4 Income from other activities
Rent
Caifi Alys/Caffi Glyndwr
Clwb IMY
Shaun Brown
Penrallt Gallery
Silence in Sound
Cycle Dyfi
Studio
Other
4,620
2,080
2,309
4,050
7,158
849
1.450
1,530
24,046
4,620
2,080
2,309
4,050
7,158
849
1,450
1,530
24,046
5,825
2,630
1,800
6,375
868
1,440
850
19,788
450
500
20,738
Priodasau
Sale of Snooker Tablc
24,046
24,046

Canolfan Owain Gl ndwr C f
Notes to the financial statements
for tbe
ear ended 31st December 2023
eontinued
Restricted
Funds
Unrestricted
Funds
Total
Funds
2023
Total
Funds
2022
5. Expenditure on charitable activities
Labour Losts
Caretaker and Cleaner
Trefnydd Cymunedol
6,705
6,705
6,217
5,468
Prcmises Costs
Gas
El￿trICity
Repairs and maintenance
Water charges
Insuranc¢
Licences
1,653
6,595
3,130
1,120
4,189
1,653
6,595
10,630
1,120
4,189
447
1,619
S,395
10,450
938
3,942
70
7,500
Other expenses
Website and marketing
Accountancy
Administrative expenses
Telephone and internct
Choir Expenses
Bank Charges
Arddangosfa Ysbryd Glyndwr
1,544
840
373
496
219
88
1,544
840
373
496
525
88
2,160
830
373
411
525
101
10,739
306
7,806
27,400
35,206
49,238

Canolfan Owain Gl ndwr C f
Notes to the financial Statements
for the
ear ended 31st December 2023
continued
6. Debtors
2023
2022
Prepayments
Other Debtors
4,259
1,170
5,429
4,190
345
4,535
7. Creditors: amounts falling due within one year
2023
2022
Interest free loans
Accruals
Trade creditors
2,950
2,224
14
5,188
2,950
2,611
162
5,723
8. Restricted Funds
2023
2022
The Redevelopment Fund
Davies Charity - Boiler fund
Architectural Heritage Fund Cjrant
856
856
7,500
13,728
14,584
8,356