| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 | |
| Independent Exandner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 8 | to | 9 | |
| Notes to the Financial Statements | 10 | to | 24 | |
| Detailed Statement ofFinancial Activities | 25 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| The | |||||||
| Troedyrhiw | |||||||
| Boys & | |||||||
| Unrestricted | Restricted | Girls | Total | Total | |||
| funds | funds | Club | funds | funds | |||
| Notes | f. | ||||||
| INCOME AND | |||||||
| ENDOWMENTS FROM | |||||||
| Donations and legacies |
2 | 14,192 | 97,017 | 111,209 | 92,075 | ||
| Charitable activities |
|||||||
| Kre Premises | 42,697 | 42,697 | 53,731 | ||||
| Other trading activities | 1,396 | ||||||
| Other income | 295,747 | 295,747 | 1,456 | ||||
| Total | 56,889 | 97,017 | 295,747 | 449,653 | 148,658 | ||
| EXPENDITURE ON | |||||||
| Raising funds | 5 | 1,190 | 1,190 | 1,302 | |||
| Charitable activities |
|||||||
| Youth Activities | 56,224 | 72,945 | 129,169 | 131,999 | |||
| Capital Project | 654 | 9,055 | 9,709 | 10,801 | |||
| Total | 58,068 | 82,000 | 140,068 | 144,102 | |||
| NET | |||||||
| INCOME/(EXPENDITURE) | (1,179) | 15,017 | 295,747 | 309,585 | 4,556 | ||
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought | forward | 60,465 | 367,800 | 428,265 | 423,709 | ||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 59,286 | 382,817 | 295,747 | 737,850 | 428,265 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| The | |||||||
| Troedyrhiw | |||||||
| Boys 61 | |||||||
| Unrestricted | Restricted | Girls | Total | Total | |||
| funds | funds | Club | funds | funds | |||
| Notes | |||||||
| FIXEDASSETS | |||||||
| Tangible | assets | 12 | 3,693 | 349,176 | 233,687 | 586,556 | 362,578 |
| CURRENT ASSETS | |||||||
| Debtors Cash at bank and in hand |
13 | 732 ~84 570 |
6,416 | ~62 060 | 7,148 ~146630 |
7,682 ~60659 |
|
| 85,302 | 6,416 | 62,060 | 153,778 | 68,341 | |||
| CREDITORS | |||||||
| Amounts | falling due within one | ||||||
| year | 14 | (2,484) | (2,484) | (2,654) | |||
| NET CURRENT ASSETS | 82,818 | 6416 | 62,060 | 151,294 | 65,687 | ||
| TOTAL | ASSETSLESS | ||||||
| CURRENT LIABILITIES | 86,511 | 355,592 | 295,747 | 737,850 | 428,265 | ||
| NET ASSETS | 86,511 | 355 592 | 295,747 | 737,850 | 428 265 | ||
| FUNDS | 15 | ||||||
| Unresnscted funds |
59,286 | 60,465 | |||||
| Restricted | funds | ~678 564 | ~367 800 | ||||
| TOTAL | FUNDS | ~737 850 | ~428 265 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Gifts in Kind | 5,000 | ||||
| Donations | 512 | 1,050 | |||
| Grants | 33,405 | 11,358 | |||
| Service Level Agreerueut | 77,292 | 74,667 | |||
| 111,209 | 92,075 | ||||
| Grants received, included | in the above, are as follows; | ||||
| 2020 | 2019 | ||||
| MTCBC | 20,705 | ||||
| Youth Cymru | 3,219 | ||||
| Merthyr Valley Homes | 3,272 | 4,838 | |||
| Grow Wild Project | 500 | ||||
| TKMAXX | 800 | ||||
| Community Chest |
1,499 | ||||
| Little Magic Grants | 502 | ||||
| Sports Lottery | 1,242 | ||||
| WCVA | 1,946 | ||||
| Generation Code |
Youth | 1,000 | |||
| Gellideg Foundation | 1,160 | ||||
| Neighbourly Community |
Fund | 400 | |||
| HM Revenue &Customs | (JRSGrant) | 3,680 | |||
| 33,405 | 11,358 | ||||
| 3. | OTHER TRADINGAC~S | ||||
| 2020 | 2019 | ||||
| Membership | 1,396 | ||||
| 4. | OTHER INCOME | ||||
| 2020 | 2019 | ||||
| Student funding | 1 456 | ||||
| Funds introduced | from linked charity | 295,747 | |||
| 295,747 | 1,456 |
| Raising donations and |
Raising donations and |
legacies | legacies | ||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| f | |||||
| Staffcosts | 1,190 | 1,302 | |||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is | stated after charging/(crediting); | |||
| 2020 | 2019 | ||||
| Depreciation | - owned assets | 9,709 | 10,801 | ||
| Accountancy | &Independent | Examiners Fee | 2,100 | 2,142 |
| STAFF COSTS | |||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Wages and salaries | 65,967 | 60,336 | |||
| Other pension costs | 750 | 487 | |||
| 66,717 | 60,823 | ||||
| The average monthly | number ofemployees | during | the year was as follows: | ||
| 2020 | 2019 | ||||
| Youth activities - full | time equivalent | 4 | 4 |
| The | |||||
|---|---|---|---|---|---|
| Troedyrhiw | |||||
| Boys & | |||||
| Unrestricted | Restricted | Girls | Total | ||
| funds | funds | Club | funds | ||
| f. | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
6,050 | 86,025 | 92,075 | ||
| Charitable activities |
|||||
| Hire Premises | 53,731 | 53,731 | |||
| Other trading activities |
1,396 | 1,396 | |||
| Other income | 1,456 | 1,456 | |||
| Total | 62,633 | 86,025 | 148,658 | ||
| EXPENDITURE ON | |||||
| Raising funds | 1,302 | 1,302 | |||
| Charitable activities |
|||||
| Youth Activities | 54,615 | 77,384 | 131,999 | ||
| Capital Project | 1,493 | 9,308 | 10,801 | ||
| Total | 57,410 | 86,692 | 144,102 | ||
| NET INCOME/(EXPENDITURE) | 5,223 | (667) | 4,556 | ||
| Transfers between funds |
(49) | 49 | |||
| Net movement in funds |
5,174 | (618) | 4,556 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 55,293 | 368,416 | 423,709 | |
| TOTAL FUNDS CARRIED FORWARD | 60,467 | 367,798 | 428,265 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| f. | |||||
| Merthyr Tydfil CBC |
77,292 | 74,667 | |||
| Generated Income | 1,395 | ||||
| Hire Income | 42,697 | 53,731 | |||
| Donations &Miscellaneous | Income | 512 | 2,506 | ||
| Gifts in Kind | 5,000 | ||||
| Youth Cymru | 3,220 | ||||
| Merthyr Valley Homes |
3,272 | 4,838 | |||
| Grow Wild Project | 500 | ||||
| Community Chest |
1,499 | ||||
| Little Magic Grants | 502 | ||||
| TK Maxx | 800 | ||||
| Neighbourly Limited |
400 | ||||
| Active Merthyr | 500 | ||||
| Gellideg Foundation | 1,160 | ||||
| VAMT | 500 | ||||
| Homeless Prevention |
Fund | 3,082 | |||
| WCVA Storm Dennis | 1,946 | ||||
| MTCBC VAMT Mental Health | 551 | ||||
| MTCBC Food Poverty Grant | 3,572 | ||||
| Sportslot | 1,242 | ||||
| Generation Code Youth |
1,000 | ||||
| Street Games | 2,500 | ||||
| Troedyrbiw Boys and |
Girls Club | 295,747 | |||
| Covid 19Rates Grant | 10,000 | ||||
| HMRC JRS Grant | 3,680 | ||||
| 449,653 | 148,658 | ||||
| Interest received | |||||
| 449,653 | 148,658 | ||||
| CHARITABLE ACTIVITY COSTS | |||||
| Activity | Direct costs | Support costs | Total | ||
| Youth activities | 121,229 | 7,940 | 129,169 | ||
| Capital projects | 4,584 | 5,125 | 9,709 | ||
| 125,813 | 13,065 | 138,878 |
| 125,813 13,065 138,878 |
125,813 13,065 138,878 |
125,813 13,065 138,878 |
|||
|---|---|---|---|---|---|
| Support costs are allocated | against the activities ofthe organisation | on apercentage ofactivity basis as follows'. | |||
| Capital | |||||
| Allocation Basis | Equipment | Management | Finance | Governance | Total |
| Activities | |||||
| Youth activities | 3,875 | 1,965 | 2,100 | 7,940 | |
| Capital projects | 5,125 | 5,125 | |||
| 5,125 | 3,875 | 1,965 | 2,100 | 13,065 | |
| Governance: | |||||
| Independent Exam. Fee |
2,100 |
| 12. | TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|---|
| Land & | |||||
| Freehold | Buildings | Plant and | |||
| property | (TB&GC) | machinery | Totals | ||
| COST | |||||
| At 1 September 2019 | 452,022 | 44,075 | 496,097 | ||
| Additions | 233,687 | 233,687 | |||
| At 31 August 2020 | 452,022 | 233,687 | 44,075 | 729,784 | |
| DEPRECIATION | |||||
| At 1 September 2019 | 91,929 | 41,590 | 133,519 | ||
| Charge for year | 9,346 | 363 | 9,709 | ||
| At 31August 2020 | 101,275 | 41,953 | 143,228 | ||
| NKT BOOK VALUE | |||||
| At 31 August 2020 | 350,747 | 233,687 | 2, 122 | 586,556 | |
| At 31 August 2019 | 360,093 | 2,485 | 362,578 | ||
| 13. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2020 | 2019 | ||||
| Other debtors | 7,148 | 7,682 | |||
| 14. | CREDITORS: AMOUNTS FALLING | DUK~ONE YEAR | |||
| 2020 | 2019 | ||||
| Social security and other taxes | 206 | 376 | |||
| Other creditors | 2,143 | 2,143 | |||
| Pension creditor | 135 | 135 | |||
| 2,484 | 2,654 |
| MOVEMENT IN F | UNDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/9/19 | in funds | funds | 31/8/20 | ||
| Unrestricted funds |
|||||
| General fund |
56,117 | (1,179) | 654 | 55,592 | |
| Designated Fund |
4,348 | (654) | 3,694 | ||
| 60,465 | (1,179) | 59,286 | |||
| Restricted funds |
|||||
| Miscellaneous Capital |
Asset Fund | 41,840 | (1,697) | 40,143 | |
| Merthyr Valleys Homes (Fit&Fed) |
344 | 344 | |||
| Voluntary Action Merthyr Tydfil |
500 | 500 | |||
| WAG Community Facilities &Activities |
|||||
| Programme (CFAP) / |
Ffos y Fran | ||||
| Community Fund Capital Fund |
316,390 | (7,358) | 309,032 | ||
| Street Games | 2,100 | 2,100 | |||
| Youth Cymru (Money | for Life) | 608 | (430) | 178 | |
| Big Music | 771 | (771) | |||
| SLA Staff&Rent and | Youth & | ||||
| Community Oflicer (MTCBC) |
7,391 | 11,013 | 18,404 | ||
| TKMAXX | 800 | (675) | 125 | ||
| Food Poverty Grant | 3,572 | 3,572 | |||
| VAMT (Mental Health Fund) | 551 | 551 | |||
| WCVA (Storm Dennis Fund) | 1,946 | 1,946 | |||
| Homeless Prevention |
Fund | 3,082 | 3,082 | ||
| Generation Code Youth |
1,000 | 1,000 | |||
| Gellideg Foundation | 1,160 | 1,160 | |||
| Active Merthyr | 280 | 280 | |||
| Neighbourly Ltd Fund |
400 | 400 | |||
| The Troedyrhiw Boys |
&Girls Club | 295,747 | 295,747 | ||
| 367,800 | 310,764 | 678,564 | |||
| TOTAL FUNDS | 428,265 | 309,585 | 737,850 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds f |
||
| Unrestricted funds |
||||
| General fund |
56,889 | (58,068) | (1,179) | |
| Restricted funds |
||||
| Miscellaneous Capital |
Asset Fund | (1,697) | (1,697) | |
| Merthyr Valleys Homes (Fit&Fed) | 788 | (444) | 344 | |
| Voluntary Action Merthyr Tydfil |
500 | 500 | ||
| WAG Community Facilities &Activities |
||||
| Programme (CFAP) / |
Ffos y Fran | |||
| Community Fund Capital Fund |
(7,358) | (7 358) | ||
| Street Games | 2,500 | (400) | 2,100 | |
| Youth Cymru (Money | for Life) | (430) | (430) | |
| Big Music | (771) | (771) | ||
| SLA Staff&Rent and | Youth & | |||
| Community Officer (MTCBC) |
77,292 | (66,279) | 11,013 | |
| TKMAXX | (675) | (675) | ||
| Merthy Valley Homes | (New Fund) | 2,484 | (2,484) | |
| Sports Lottery | 1,242 | (1,242) | ||
| Food Poverty Grant | 3,572 | 3,572 | ||
| VAMT (Mental Health Fund) | 551 | 551 | ||
| WCVA (Storm Dennis Fund) | 1,946 | 1,946 | ||
| Homeless Prevention |
Fund | 3,082 | 3,082 | |
| Generation Code Youth |
1,000 | 1,000 | ||
| Gellideg Foundatioo. | 1,160 | 1,160 | ||
| Active Merthyr | 500 | (220) | 280 | |
| Neighbourly Ltd Fund |
400 | 400 | ||
| The Troedyrhiw Boys |
&Girls Club | 295,747 | 295,747 | |
| 392,764 | (82,000) | 310,764 | ||
| TOTAL FUNDS | 449,653 | (140,068) | 309,585 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1/9/18 | in funds | funds | 3I/8/19 | |
| I | ||||
| Unrestricted funds |
||||
| General fund |
49,452 | 5,221 | 1,444 | 56,117 |
| Designated Fund |
5,841 | (1,493) | 4,348 | |
| 55,293 | 5,221 | (49) | 60,465 | |
| Restricted funds |
||||
| Miscellaneous Capital Asset Fund |
43,788 | (1,948) | 41,840 | |
| WAG Community Facilities &Activities |
||||
| Programme (CFAP) / Ffos y Fran |
||||
| Community Fund Capital Fund |
323,748 | (7,358) | 316,390 | |
| Youth Cymru (Money for Life) | 608 | 608 | ||
| Big Music | 868 | (97) | 771 | |
| Merthyr Housing Associatiou |
12 | (12) | ||
| SLA Staff&Rent and Youth & | ||||
| Community Officer (MTCBC) |
7,391 | 7,391 | ||
| MVH Garden Project | (25) | 25 | ||
| Grow Wild Project | (36) | 36 | ||
| TKMAXX | 800 | 800 | ||
| 368,416 | (665) | 49 | 367,800 | |
| TOTAL FUNDS | 423,709 | 4,556 | 428,265 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 62,633 | (57,412) | 5,221 |
| Restricted funds |
|||
| Miscellaneous Capital Asset Fund |
(1,948) | (1,948) | |
| Merthyr Valleys Homes (Fit&Fed) | 913 | (913) | |
| WAG Community Facilities &Activities |
|||
| Progranune (CFAP) / Ffos y Fran |
|||
| Community Fund Capital Fund |
(7,358) | (7,358) | |
| Youth Cymru (Money for Life) | 3,220 | (2,612) | 608 |
| Big Music | I | (98) | (97) |
| SLA Staff&Rent and Youth & | |||
| Community Officer (MTCBC) |
74,666 | (67,275) | 7,391 |
| MVH Garden Project | 3,924 | (3,949) | (25) |
| Grow Wild Project | 500 | (536) | (36) |
| TKMAXX | 800 | 800 | |
| Little Magic Grants | 502 | (502) | |
| Community Chest BoxFit |
1,499 | (1,499) | |
| 86,025 | (86,690) | (665) | |
| TOTAL FUNDS | 148,658 | (144,102) | 4,556 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1/9/18 | in funds | funds | 31/8/20 | |||
| Unrestricted funds |
||||||
| General fund | 49,452 | 4,042 | 2,098 | 55,592 | ||
| Designated Fund |
5,841 | (2,147) | 3,694 | |||
| 55,293 | 4,042 | (49) | 59,286 | |||
| Restricted funds |
||||||
| Miscellaneous Capital |
Asset Fund | 43,788 | (3,645) | 40,143 | ||
| Merthyr Valleys Homes (Fit &Fed) |
344 | 344 | ||||
| Voluntary Action Merthyr |
Tydfil | 500 | 500 | |||
| WAG Conununity Facilities &Activities |
||||||
| Programme (CFAP) / |
Ffos | y Fran | ||||
| Community Fund Capital Fund |
323,748 | (14,716) | 309,032 | |||
| Street Games | 2,100 | 2,100 | ||||
| Youth Cymru (Money | for | Life) | 178 | 178 | ||
| Big Music | 868 | (868) | ||||
| Merthyr Housing Association |
12 | (12) | ||||
| SLA Staff&Rent and | Youth & | |||||
| Community OIIIcer (MTCBC) |
18,404 | 18,404 | ||||
| MVH Garden Project | (25) | 25 | ||||
| Grow Wild Project | (36) | 36 | ||||
| TKMAXX | 125 | 125 | ||||
| Food Poverty Grant | 3,572 | 3,572 | ||||
| VAMT (Mental Health Fund) | 551 | 551 | ||||
| WCVA (Storm Dennis Fund) | 1,946 | 1,946 | ||||
| Homeless Prevention |
Fund | 3,082 | 3,082 | |||
| Generation Code Youth |
1,000 | 1,000 | ||||
| Gellideg Foundation | 1,160 | 1,160 | ||||
| Active Merthyr | 280 | 280 | ||||
| Neighbourly Ltd Fund |
400 | 400 | ||||
| The Troedyrhiw Boys |
&Girls Club | 295,747 | 295,747 | |||
| 368,416 | 310,099 | 49 | 678,564 | |||
| TOTAL FUNDS | 423,709 | 314,141 | 737,850 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund |
119,522 | (115,480) | 4,042 | |
| Restricted funds |
||||
| Miscellaneous Capital |
Asset Fund | (3,645) | (3,645) | |
| Merthyr Valleys Homes (Fit&Fed) |
1,701 | (1,357) | 344 | |
| Voluntary Action Merthyr Tydfll |
500 | 500 | ||
| WAG Community Facilities &Activities |
||||
| Programme (CFAP) / |
Ffos y Fran | |||
| Community Fund Capital Fund |
(14,716) | (14,716) | ||
| Street Garnes | 2,500 | (400) | 2,100 | |
| Youth Cymru (Money | for Life) | 3,220 | (3,042) | 178 |
| Big Music | I | (869) | (868) | |
| SLA StafF&Rent and | Youth & | |||
| Community Offtcer (MTCBC) |
151,958 | (133,554) | 18,404 | |
| MVH Garden Project | 3,924 | (3,949) | (25) | |
| Grow Wild Project | 500 | (536) | (36) | |
| TKMAXX | 800 | (675) | 125 | |
| Little Magic Grants | 502 | (502) | ||
| Community Chest BoxFit |
1,499 | (1,499) | ||
| Merthy Valley Homes | (New Fund) | 2,484 | (2,484) | |
| Sports Lottery | 1,242 | (1,242) | ||
| Food Poverty Graut | 3,572 | 3,572 | ||
| VAMT (Mental Health Fund) | 551 | 551 | ||
| WCVA (Storm Dennis Fund) | 1,946 | 1,946 | ||
| Homeless Prevention |
Fund | 3,082 | 3,082 | |
| Generation Code Youth |
1,000 | 1,000 | ||
| Gellideg Foundation | 1,160 | 1,160 | ||
| Active Merthyr | 500 | (220) | 280 | |
| Neighbourly Ltd Fund |
400 | 400 | ||
| The Troedyrhiw Boys |
&Girls Club | 295,747 | 295,747 | |
| 478,789 | (168,690) | 310,099 | ||
| TOTAL FUNDS | 598,311 | (284,170) | 314,141 |
| Analysis ofDesignated | Analysis ofDesignated | Funds | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| f. | ||||
| Unamortised | fixed assets | 3,693 | 4,348 | |
| Designated | Funds | 3,693 | 4,348 |
| Nature of | 2020 | 2019 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Donor | Gift | 8 | |||||||||
| Troedyrhiw | Boys and | Girls Club | Rent | 5,000 | |||||||
| And were allocated as | follows; | ||||||||||
| General Reserves | 5,000 | ||||||||||
| Volunteer | Time | ||||||||||
| The value | of volunteer | time is | not quantified | in terms of money | but the time | contributed | by | volunteers | is | an | |
| invaluable | resource in | terms ofthe outstanding | contribution | made | by them. | ||||||
| The number ofhours contributed | by volunteers | in the year was: | 735 | 1,550 |
| FOR THE YEAR ENDED | 31AUGUST 2020 | ||||
|---|---|---|---|---|---|
| 2020 f. |
2019I | ||||
| INCOME AND | ENDOWMENTS | ||||
| Donations and |
legacies | ||||
| Gifts iu Kind | 5,000 | ||||
| Donations | 512 | 1,050 | |||
| Grants | 33,405 | 11,358 | |||
| Service Level Agreement | 77,292 | 74,667 | |||
| 111,209 | 92,075 | ||||
| Other trading | activities | ||||
| Membership | 1,396 | ||||
| Charitable activities |
|||||
| Premises Hire | 42,697 | 53,731 | |||
| Other income | |||||
| Student funding | 1,456 | ||||
| Funds introduced | fiom linked charity | 295,747 | |||
| 295,747 | 1,456 | ||||
| Total incoming | resources | 449,653 | 148,658 | ||
| EXPENDITURE | |||||
| Raising donations | and legacies | ||||
| Wages | 1,190 | 1,302 | |||
| Charitable activities |
|||||
| Wages | 64,777 | 59,034 | |||
| Pensions | 750 | 487 | |||
| Other costs | 73,351 | 83,279 | |||
| 138,878 | 142,800 | ||||
| Total resources | expended | 140,068 | 144,102 | ||
| Net income | 309,585 | 4,556 |