2022-03-31-accounts

		Page
Report ofthe Trustees		1to4
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet		7 to	8
Notes tothe Financial Statements		9 to	19

						31.3.22	31.3.21
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	E	f	f	E
INCOME AND	ENDOWMENTS	FROM
Donations and	legacies			500		500	428
Charitable activities
YMCA					4p000	4,000	4,000
Llanelly House	operations			162,000	28,564	190,564	200,200
Total				162,500	32,564	195,064	204,628
EXPENDITURE	ON
Charitable activities
Llanelly House	project						14,356
YMCA					58,133	58,133	5,268
Llanelly House	operations			122,618	41,581	164,199	100,720
Total				122,618	99,714	222,332	120,344
NET INCOME/(EXPENDITURE)				39,882	(67,150)	(27,268)	84,284
Other recognised gains/(losses)
Gains on revaluation offixed assets					41,000	41,000
Net movement	ln funds			39,882	(26,150)	13,732	84,284
RECONCILIATION OF FUNDS
Total funds brought forward				285,720	671,152	956,872	872,588
TOTAL FUNDS	CARRIED FORWARD			325,602	645,002	970,604	956,872

Ll	anell Ho	seTrust L d
	Bl	sy
	31stMarch 2022
			31.3.22	31.3.21
FIXEDASSETS	Notes		f	E
Tangible assets	10		827,629	855,808
CURRENT ASSETS
Debtors Cash at bank			1,618 156,865	27,947 80,586
			158,483	108,533
CREDITORS
Amounts falling due within one year	12		(15,508)	(7,469)
NET CURRENT ASSETS			142,975	101,064
TOTAL ASSETS LESSCURRENT LIABILITIES			970,604	956,872
NET ASSETS			970,604	956,872
FUNDS	14
Unrestricted funds Restricted funds			325,602 645,002	285,720 671,152
TOTAL FUNDS			970,604	956,872

							31.3.22	31.3.21
						Llanelly
						House	Tota I	Total
					YMCA	operations	activities	activities
					E	E	E	E
Management		charges				42,000	42,000	42,000
Grants					4,000	148,564	152,564	162,200
					4,000	190p564	194p564	204,200
Grants	received,		included		in the above, are as follows:
							31.3.22	31.3.21
							E	E
Welsh Government				Grants				10,000
The Architectural				Heritage	Fund		28,564
National	Lottery		Heritage		fund			28,200
Merthyr	Tydfil	County Borough Council					4,000	4,000
Uanelli	Town	Council					60,000	60,000
Carmarthenshire			County Council
							60,000	60,000
							152,564	162,200

			Direct	Grant	Support
			Costs (see	funding of	costs (see
			note 4)	activities	note 5)	Totals
			E	E	E	E
YMCA			55,899		2,234	58,133
Llanelly	House	operations	60,813	90,000	13,386	164,199
			116,712	90,000	15,620	222I332

		31.3.22	31.3.21
		E	E
Establishment costs		17,226	12,039
Legal &professional	fees	3,400
Repairs &maintenance		26,908	952
Depreciation		13,279	16,005
Loss on sale ofassets		55,899
		116,712	28,996

				Governance
			Management	costs	Tota Is
			f	E	E
YMCA			2,234		2,234
Llanelly	House	operations	11,471	1,915	13,386
			13p705	1,915	15,620

	Management
					31.3.22	31.3.21
				Llanelly
				House	Total	Total
			YMCA	operations	activities	activities
			E	E	E	E
	Insurance		2,234	11,207	13,441	15,559
	Office expenses			180	180	180
	Bank charges			84	&4	80
			2,234	11,471	13,705	15,819
	Governance	costs
					31.3.22	31.3.21
					Llanelly
					House	Total
					operations	activities
					E	E
	Accountancy				1,915	1,750
6.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
					31.3.22	31.3.21
					E	E
	Depreciation	—owned assets			13,279	16,005
	Deficit on disposal offixed		assets		55,899

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
		E	f	f
INCOME AND ENDOWMENTS	FROM
Donations and legacies		428		428
Charitable activities
YMCA			4,000	4,000
Llanelly House operations		172,000	28,200	200,200
Total		172,428	32,200	204,628
EXPENDITURE ON
Charitable activities
Llanelly House project			14,356	14,356
YMCA			5,268	5,268
Llanelly House operations		72,520	28,200	100,720
Total		72,520	47,824	120,344
NET INCOME/(EXPENDITURE)		99,908	(15,624)	84,284
RECONCILIATION OF FUNDS
Total funds brought forward		185,812	686,776	872,588
TOTAL FUNDS CARRIED FORWARD		285,720	671,152	956,872

TANGIBLE FIXEDASSETS
					Fixtures
	Freehold	Long	Plant	and	and
	property E	leasehold E	machinery E		fittings f	Totals f
COST OR VALUATION
At 1stApril 2021	65,000	650,000	493,781		306,433	1,515,214
Disposals	(65,000)					(65,000)
Revaluations		(50,000)				(50,000)
At31st March 2022		600,000	493,781		306p433	1p400 214
DEPRECIATION
At 1stApril 2021	9,100	91,000	493,780		65,526	659,406
Charge for year		12,000			1,279	13,279
Eliminated on disposal	(9,100)					(9,100)
Revaluation adjustments		(91,000)				(91,000 )
At 31st March 2022		12,000	493,780		66,805	572,585
NET BOOK VALUE
At31st March 2022		588,000		1	239,628	827,629
At31st March 2021	55,900	559,000		1	240,907	855,808

Cost or V	aluation at the 31st March 2022 for the Long	Leasehold property is represented;
Cost		270,000
Valuation	2015	380,000
Valuation	2021	(50,000)
		600,000

				Long
		Freehold		leasehold
		property		property
		E		E
Cost			0	270,000
Aggregate	depreciation		0	43,200

			31.3.22	31.3.21
			E	f
Trade debtors				5,000
PLH Cyf				20,755
Prepayments				520
Other debtor			1,618
VAT				1,672
			1,618	27,947
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
			31.3.22	31.3.21
			f	E
Trade creditors			510
VAT			2,496
Other creditors			5,000	5,000
PLH Cyf			2,511
Accruals and deferred	income		4,991	2,469
			15,508	7,469

				31.3.22	31.3.21
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
		f	E	E	E
Fixed assets		184,577	643,052	827,629	855,808
Current	assets	154,915	3,568	158,483	108,533
Current	liabilities	(13,890)	(1,618)	(15,508)	(7,469)
		325,602	645,002	970,604	956,872

MOVEMENT	IN FUNDS
			Net	Transfers
			movement	between	At
		At1.4.21	in funds	funds	31.3.22
		E	E	E	f
Unrestricted	funds
General fund		285,720	39,882		325,602
Restricted funds
Llanellv House		563,069	31,383	(326,800)	267,652
YMCA		56,083	(54,133)		1,950
Big Picture Llanelly House		52,000			52,000
Revaluation	Reserve		(3,400)	326,800	323,400
		671,152	(26,150)		645,002
TOTAL FUNDS		956,872	13,732		970,604

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				f	E	E	f
Unrestricted	funds
Generalfund				162,500	(122,618)		39,882
Restricted funds
Llanelly House					(6,417)	37,800	31p383
YMCA				4,000	(58,133)		(54,133)
The Architectural		Heritage	Fund	28,564	(28,564)
Revaluation	Reserve				(6,600)	3,200	(3,400)
				32,564	(99,714)	41,000	(26,150)
TOTAL FUNDS				195,064	(222,332)	41,000	13,732

			Net
			movement	At
		At 1.4.20	in funds	31.3.21
		E	E	E
Unrestricted	funds
Generalfund		185,812	99,908	285,720
Restricted funds
Llanelly House		577,425	(14,356)	563,069
YMCA		57,351	(1,268)	56,083
Big Picture	Llanelly House	52,000		52,000
		686,776	(15,624)	671,152
TOTALFUNDS		872,588	84,284	956,872

				Incoming	Resources	Movement
				resources	expended	in funds
				f	f	E
Unrestricted	funds
General fund				172,428	(72,520)	99,908
Restricted funds
Llanelly House					(14,356)	(14,356)
YMCA				4,000	(5,268)	(1,268)
NationalLottery		Heritage	Fund	28,200	(28,200)
				32,200	(47,824)	(15,624)
TOTAL FUNDS				204,628	(120,344)	84,284

			Net	Transfers
			movement	between	At
		At 1.4.20	in funds	funds	31.3.22
		E	f	E	E
Unrestricted	funds
General fund		185,812	139,790		325,602
Restricted funds
Llanelly House		577,425	17,027	(326,800)	267,652
YMCA		57,351	(55,4011		1,950
Big Picture Llanelly House		52,000			52,000
Revaluation	Reserve		(3,400)	326,800	323,400
		686,776	(41,774 )		645,002
TOTALFUNDS		872,588	98,016		970,604

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	E
Unrestricted funds
Generalfund			334,928	(195,138)		139,790
Restricted funds
Llanelly House				(20,773)	37,800	17,027
YMCA			8,000	(63,401 )	-	(55,401 )
National Lottery	Heritage	Fund	28,200	(28,200)
The Architectural	Heritage	Fund	28,564	(28,564)
Revaluation Reserve				(6,600)	3,200	(3,400)
			64,764	(147,538)	41,000	(41,774)
TOTAL FUNDS			399,692	(342,676)	41,000	98,016