Canolfan Owain Gl ndTrvr C f
ort and Financial Statements
coverin
the
ear ended
st
31 December 2024

Canolfan Owain Gl ndwr C f
Contents
Page
Trustees9 Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the financial statements

Canolfan OwaiD Gl ndwr
Trustees, Annual Re
includin
directors, re
ort
ort
for the
ear ended 319t December 2024
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity Name
Canolfan Owain Glyndwr Cyf
Charity Registration Number
1076059
Company Registration Number
03660300
Regist¢rcd Office and operational address
Canolfan Owain Glyndwr
Heol Maengwyn
Machynlleth
Powys
SY20 8EE
Directors
Rh Rh Bebb
Ll D Pughe
E V Jones
STRUCTURE, GOVERNANCE AND MANAGEMENT
Thc organisation is a charilable company limited by guarantee, Inco￿orated on
2 November 1998. The company was established under a Memorandum of
Association which estdblished its objectives and powers and is govemed under
its Articles of Association. In the event of the company being would up
members aTe required to Contribute an amount not exceeding £1.

Canolfan Owain Gl ndwr C f.
Directors, Re
for the ear ended 318¢ December 2024
continued
OBJECTIVES AND ACTIVITIES
These arc stated in the Memorandum of Association as being the provision and
rnaintenanLe of a community centre for the use of th¢ inhabitants of the
community of Machynll¢th without distinction of political, Teligious or other
opinions. including use for meetings, lectures and classes, and for other forrns
uf recreation and leisure-time occupation, including the development aT]d use of
the Old Parliament Building (P<lrt of the Owain Glyndwr Centre) as an historical
interpretivc centre.
ACHIEVEMENTS AND PERFORMANCE
The charity continues to work towards its objectives by the operation of Canolfan
Owain Glyndwr.
FINANCIAL REVIEW
The Ststement of Financial Activities is shown on page 4 of the Accounts and
shows income of £37,764 and expenditure of £47,306 resulting in net loss of
£9,542 as analysed between the various funds delailed therein.
All the assets shown in the Balance Sheet are held for the purpose of the
company's charitable objectives.
PUBLIC BENEFIT STATEME
In exercising their powers the trustees have complied with theiT duty to have
due rcgard to the guidance on public benefit issucd by the Charity
Commissiun.
DECLARATIONS
The company has taken advantage of the smtill companies, excrnption in
preparing the report above.
The trustees declare that they have approved the trustees, report (including
directors, report) above.
Signed on behalf of the charity's trustee5/directors.
Rh Rth Bebb
I I September 2025

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
CANOLFAN OWAIN GL YNDWR CYF
I report to the charity trustees on my examination of the accounts of the company for the year ended 31"
December 2024,
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 foT the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied tnyself that the acLounts of the Company are not required to be audited under Part 16 of
the 2006 Act and are cligible for independent examination, I report in respect of my examination of your
charity's account5 as carried out undcr section 145 of the ChaTities Act 2011 ('the 2011 Act,). In carrying
out my examination I have followed the DircLtions given by the Charity Cornmission under section
145(5)(b) of the 2011 Act.
Independent Examiner's Statement
I have completcd my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe:
accounting record were not kepl in respect of the Company as required by section 386 of the 2006
2. the accounts do not accord with those records" or
3. the accounts do not comply with ihe accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair view, which is not a matter considered
as part of an indepenedent examination ' or
4. the accounts have not been prepared in accordallC¢ with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of ITeland (FRS 102).
I have no concerns and have corne across no other matters in connection with the exmaination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts lo be
reached.
/b
R W Evans Bsc Econ (Hons), FCCA
Major & Evans,
Chartered Certified Accountant
Bull House,
15 P¢nrallt Street,
Machynlleth,
Powys.
I I September 2025

Canolfan Owain Gl ndwr C
StatenJeDt of Financial Activities
Summa
Income and Ex enditure Accollnl
ndudin
for the
ear ended 31st December 2024
Note
Restricted
Funds
Unrestricted Total
Funds
Funds
2024
Total
Funds
2023
Income
Donations and Grants
5,174
1,300
6,474
15,034
Charitable activities
8,884
8,884
7,108
Other activities
22,406
22.406
24,046
Total Income
5.174
32,590
37,764
46,188
Expenditure OD cbaritable aclivities
18,902
28,404
47,306
35,206
Net income]{Expenditure)
Total funds brought forwaTd
Total funds carried forward
(13,728)
4,186
(9.542)
10,982
14,584
15,347
29,931
18,949
856
19,533
20,389
29,931

CaDolfan Owain Gl divr C f
Bal8Dce Sheet
at 31st December 2024
2024
2023
Current Assets
68
26,538
26,606
5,429
29,690
35,119
Debtors
Cash at bank
Crediturs: amounts falling due
within one year
Net Assets
6,217
20,389
5,188
29,931
Funds of the charity
Restricted Income fund
Uwestricted funds
Total Funds
856
19,533
20,389
14,584
15,347
29,931
The directors confirn] that:
a) for the year ended 31 st December 2024 the company was entitled to exemption
from the requirement to have an audit under the provision5 of Section 477 of the
Companies Act 2006.
b) no notice has been deposited under section 476 of that Act Tequiring an audit to be
carried out.
c) they acknowledge their responsibility for complying with the Tequirem¢nts of the
Companies Act with Tespect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
subject to the sm311 companies, regime and in accordance with FRSI 02 SORP.
Approved by the Board on I I September 2025 and signed on its behalf by .
LLafu-
Ll D Pughe

Canolfan Owain Gl ndwr
Notes to the financial statement5
for th¢
ear ended 31st Decem ber 2024
Accounting Policies
a) Basis of Preparation
The financial statemenls have been prepared under the historical cost
convention and in accordance with FRS 102 - the Financial Reporting
Standard applicable in the UK, the Statement of Recomm¢nded Practice .
Accounting and Reporting by Charities , the Companies Act 2006 and the
Charities Act 2011.
The charity constitutes a public benefit entity &5 defined by FRS 102.
b) Incorne recognition policies
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 item(s) of income hav¢ been
met or are fully within the control of the charity.
there is sufficient certainty that receipt of th¢ income is considered
probable" and
the amount can be rne￿ured 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 ihe rclevant activity
cost category in the Statement of Financial Activities.
d) Funds
Restricted funds
Grants received from publÈc sector bodies and others to be used in
furtherance of particular aspects of the objects of the charity are
separated and treated as restricted funds.
ii) Unrestricted funds
Unrestricted funds are donations and other incoming resources
receivable or generated for the objects of the charity and are
available as general funds.

CaDolfaD Owain Gl ndwr C
Noles to the financial statements
for the ear ended 31st Deeembcr 2024
Restricted Unrestricted
Funds
Funds
Total
frunds
2024
Total
Funds
2023
2. Income from donations and graDts
Mach Comedy Festival
Grant - Loteri Gymunedol
Architectural Heritage Fund Grant
Davies Charity
1,300
1,300
1,000
306
13,728
5,174
5,174
5,174
1,300
6,474
15,034
3 Income from charitable activities
Y Senedd-dy
GeneTal lettings
3,854
5,030
8,884
3,854
5.030
8,884
7,108
7.108
4 Income from other activities
Rent
Caffi Glyndwr
Clwb IMY
Shaun Brown
Penrallt Gallery
Silence in Sound
Cycle Dyfi
Studio
Other
3,880
1.980
3,880
1,980
4,620
2.080
2,309
4,050
7,158
849
1,450
1.530
24,046
3,370
8,584
666
2.320
1,606
22,406
3,370
8,584
666
2,320
1,606
22,406
Other Income
22,406
22,406
24,046

Canolf2n Owain Gl ndwr C
Notes to the financial statements
for the
ar ended 31st December 202.1
continued
Restricted
Funds
Unrestricted
Funds
Total
Funds
2024
Totsl
Funds
2023
5. Expenditure on charitable activities
Labour costs
Caretaker and Cleaner
6.302
6,302
6,705
PTemises Costs
Gas
Electricity
Repairs and maintenance
Water charges
Insurance
Licences
2,220
7,264
3,462
1,427
4,23 8
456
2,220
7,264
8,636
1,427
4,238
456
1,653
6,595
10,630
1,120
4,189
447
5,174
Other expenses
Goods for resale
Website and marketing
Accountancy
Administrative expenses
T¢l¢phone and internet
Choir Expenses
Bank Charges
Archilect's f¢¢s
21
508
690
373
872
550
21
21
508
690
373
872
550
21
13,728
1,544
840
373
496
525
88
13,728
18,902
28,404
47,306
35,205

Canolfan Owain Gl dwr C f
Notes to the financial statements
for the
ear ended 31st December 2024
continued
6. Debtors
2024
2023
Prepayments
Other Debtors
4,259
,170
5,429
68
68
7. Creditor5: amounts falling due within one year
2024
2023
Interest free loans
Accruals
Trade creditors
2,950
3,197
70
6,217
2,950
2,224
14
5,188
8. Restricted Funds
2024
2023
Thc Redevelopment Fund
Architectural Hcritage Fund Grant
856
856
13,728
14,584
856