|||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| ## ## ## ## ## ## ##