PONTAIIDAThE AIIEIIA S Wl ¥)24 poiirARDATnE ARENA Noi•• to th• fln•n¢l•l •l•t•m•nl¥ l¢onlIn￿rtI Yw *nded 6 Apr¥ 2024 Flnan¢W A fthianaal asw ¢r a f*woai Iiablty Is ietsw tt* LIYTWIY twfjmos a pwty b) c¢ntr*XJal prow5￿￿5 ol the In51nrnt. Bawc fmancAal instr￿N￿ts srg nit¥ly r•ctyno•d 8t lh8 traf￿¢￿an PTte. unl￿¥ the wrnrsefflent (*s&iLffj￿ at a market rrteresi tr a ¢8ebl ￿$￿¥T￿l S￿*5 •r& tr*J8d cw fa￿ Val￿ c¥n ¢ther*ne te measured relabty, tr wNestrwit * subwibanty measur*# 41 f•r v*J• wlh far r8o>Jnffj¥d In profrt or AU Obw suth imie5bnents are subwuenty meawJ(•J Al Imp•rynent 0￿ Ilnax&l irst￿M*nts, Ind￿￿1n9 dori￿t￿8. we mrt0My wft¢ed at f•f ¥ak*, ￿lesS paym•rrt assèt & Iwwred t•￿d bu8¥W88 l•ms Of finwe•J #t a r* ol ￿lereSt that 15 nol a d￿C￿tEd a a mafket rate of mt•re5t ts a $rnlLgr dobl instrwrwi finarrd in8tryrnerfts a￿ Wbseq￿N￿ m￿sUrEd * tsir v¥ue. than9es rEc£qnll•J ¢th ty kxs. wth ts exceptThi of rotruffthirs n a desvjft*￿ he&Jing ffjlakns￿p. Finardal that are measured ¥, cost or cosi ar• for obpCti￿ ev￿81￿8 imparment at of exh rèp￿19 dot¢ N • ots￿ ￿thnc￿ of imwmwL irnwrTnent *J5S LS reccgn￿￿j In wofit or S%s imrn&Jlatety. For al equty In5trLY￿ts Fwd*55 of c4her firknmcrdl assèts that arè these are assessed rtNhtualy lor Imromiert Otw [￿31￿¥ a55ets tsr ether assessèj 1ThJi￿d￿fy on the ba50 of *rThlar crnlii Any r￿erSalS d Impairrent a￿ In profrt cr Ifflmb*. tr* tre Ihe d(*s ftot resull n a caryng rnnt of asset tttat exc•￿ ¥htAt th• wirs amount TvoJlbl• I•￿1• Pknt •rKI Futurej. Ti*•l At 8 2D23 ￿ S WI 2024 18.703 17.990 36.783 At q Aprfl 2023 w415 WI 2024 13.283 20.918 Carrylng amount At S Apr4 2024 5.510 10.$55 15.865 At 5 Awl 2￿3 5.510 10.366 16. P•9• 8 PONTARDAIIE ARENA Noi•• toth• financlal stat•m•nt• l¢ty*lni•d) Yw *nd￿ S Aprfl 2024 24 2023 1,841 1.841 P4•9 131 D*lk*thJ 3EN RJT•Y Gelbm*i F Néolh SA10 &AF Mr8&wJ 131 SA8 3EN RJTmr Getbmwth Fam N8aih SA10 P•9• 1 6 Aprtl 2024 2024. *• swyl (ffi b*wYoltP• knrd ty. Suun J Pw5 Apnl 2024 2023 15. f5 885 15.865 15.885 Cwh 8t bank 25.021 35 424 25.021 35.424 T**hln 4)rt y•w 11.8411 11.8411 23.180 33.583 39.045 C•phl rn••m• 39.CMS 49.448 49.448 For y•* •nding S W 2024 ¢£•mp•w wgs In •y•ixi un* 9th 477 01 th• . Th8 d*￿tsrs thwr r￿sF￿￿.￿l*S tr C￿P￿m9 **h reqL*WTwts of the kt rnspxt th• sm*1 ¢x*Yo8nw' regimv Wth S&*>n IA d FRS 102 The ol In¢omè and ret•ln•d o•rnh Y￿r ¢nd•d S Awll 2024 2023 73.325 Cc•t of88kn8 187.7931 12.1881 116.033) {11.2031 110.4031 {13.3911 110.403> {13.3W) Ta¥ M k¥DS ' L•• for lh• y•w •nd t(l•l 110 4031 (13.39)) 49.446 62.838 Mrnlny *tth• WKI ol th• yHf 39,C45 49.448 6 Aprtl 2024 2024. *• swyl (ffi b*wYoltP• knrd ty. Suun J Pw5 Nol•• to th• flMrti#l •tat•m•nts (¢*¥ttlrMth11 Y•v •nd•d S Awll 2024 T•nWbl• M••1• Tary'b* assels Bre InlJ¥ty recu￿1 ￿ ff41. •yJ wo subgty14wty 818t•d •1 (Thl le88 arry KZthT•JlJtyyJ kny i•ThJib* assets ¥t rEYalLvJ arno￿￿ we rEcorled at the faff value at b)e daté of revalLkalon Iwse In Ihe Ca￿ amount ol ￿ a%sot as a a rw4Lwon ts re(03ntsed n (4hor Compfthw￿Th￿ In¢¢me •nd *cumulabJ In capia wk1 re50r￿. •x(• tr) th¥ •xtsnl rt rever rarryry amourn of an asset as a of r¢v*uoty0rt * In cthw comrrf8W** Inc£m¥ to ra%rnul*ed in captsl resenw hl re¥ect of that assrf axc*ss shal ￿ rets)3n￿ Qr fer useftl KononNc life of ￿ assel a5 lo*Ms' 11 there Is that the￿ has been a $pJnthwt depre￿￿ rats. uselul Its or t*'rKJ è&lim$ityJ iTrkntt>rs exis1 Wlve ¥alL* exc4eds the reC￿eratI¢ it pj not p)sgble to esbmale rec)￿wa￿• arr￿ffit cl ￿ Irrf1￿d￿aI asset. an èstèxatè ￿ madÉ rI￿v￿able anwnt uf ca5hsenerthg uryt lo the asset tekng5 Tr cash4enw*"ng rt o Ihe s￿les1 #Jeftbfth grvjp ol assets that Ir+Cl￿ Ihe asset aThJ c41h mll>h% thal 4r•18nJ•ty ind8pend￿t of ￿ets ry 9rcyJpB ofasse PONTAIlOA￿ ARENA to th• fin•ncl•l slalem Y••r •nd•d 6 Apill 2024 1& Th• Fin¥￿11 Rwrtfjrg Sl¥O•r¢l tho UK gnd Rwbfic of Irn￿. Th• 8t81WWty hJb* ￿en ¢Jn bNlorKal fA)5t ba￿4 as modfi&Y by tr* reVaL￿On k>38 Tum¢w•r d wd8r8d. ol •ThJ V•K4e Added Ta RevfnU• trom the sa* ol Ws is rwr*8wJ tho Swif￿ rtyk8 ofLWT8h'p h*e rep)r)r4 r¢ntrJ T•x is [￿￿Sed ￿ the sratemwrt of ir<¥ft* ox¢* to the ex￿1 that it relates lo *ns an otlw rxJnprèh•n3pd• irKt)m8 or dIr￿￿Y in 8nd In Ihi Det•fr￿ tsx li rwr#s•l in re¥￿1 ol 81 l•Tr"r8 dIf•(w￿l •1 wirty¥J th. unrEl￿rt bx ID5S•S 01￿1 defeThfA assets rwnis&* to th• èxtont th•1 rt r8 thwy wil t efed •JaDBI the reversal of deferyelj tax Ilat4ktw fiJ￿re taxatAe tKofits Dof8rrod t&¥ Is rw dale tr￿￿ are ftXFoc*ed to tho re￿01 ol tr* rimtiig ddY•fW¢a P4•6 ## **Trustees Report 2023-24** ## **The Pontardawe Arena** **at** ## **Glantawe Riverside Park** ## **2023-2024** Our volunteers have continued to maintain the park, allowing access and increasing spaces for biodiversity and caring for the plants on our site. This year our volunteers have also created more light, sheltered spaces for our guests and school children to learn outside. Working with My Green Valley litter-pickers, we renovated the round house so it is now a light and airy space for plant sales and courses. Coed Lleol and Fathom have regularly used our outdoor spaces and the roundhouse for crafting courses which support well-being. Our volunteers also maintain outdoor gathering spaces for the public and groups, such as Yoga Place Abertawe, so they can run regular ‘Wild Yoga’ sessions in our woods. In the spring, our volunteers have upgraded our polytunnel with a small grant from 4the region, so we now have more space for seedlings, cuttings and propagation for our no dig garden, food forest and wildflower areas. Our volunteers have continued to grow healthy nutritious food without chemicals. Working with My Green Valley litter-pickers, we We have continued to work with 4theregion, hosting one of their regional meetings, running a stall at Neath Food Fair and being interviewed as a Community Garden. To protect our native flora and fauna, we have been tackling knotweed - there is a lot of it on site - with the help of some unusual volunteers! One of our most important projects of 2024 has been the development of three rain gardens with a view to both controlling the flooding in our main path area and increasing biodiversity. They seem to have been quite successful… so far. Our volunteers created a new pond area: more wetland habitat. This fits nicely with our ecological profile as a ‘watermeadow’ between the canal and Afon Tawe. We have now planted the pond and surrounds with pond plants, marginals and bog plants. We have continued to celebrate and educate about the wildlife on site and have had a whole site ecological survey done. house so it is now a light and airy space for plant sales and courses. We have run year-long courses for secondary school children, for the fifth year in a row, providing Level 2 Agored Cymru qualifications in outdoor learning for 15 children in danger of becoming NEET each year. In June, we worked with My Green Valley to host the second Swansea Valley Green Gathering, attended by hundreds of local people. Over 50 different local charities, businesses and organisations with the environment at their heart discussed future plans, gave talks, provided activities and ran stalls. Working with My Green Valley litter-pickers, we We have hosted birthday parties, gatherings, celebrations and memorials. round Alongside our outdoor work, our volunteers have this year been gradually renovating our community building. We have, with the help of NPT’s Facilities Fund, replaced old fire doors so the building is now both more secure and better insulated. We have had help from Tai Tarian to redecorate the outside of the building and are now hoping to install a community kitchen in some old office space so that we can offer plot to plate courses in 2025. ## **We are immensely grateful to:** ● 4theregion for their support in developing our community growing project ● NPTforNature for their advice and support with the rain gardens and knotweed management - NPT Facilities Fund for the new doors - The Mayor’s Fund for supporting the Green Gathering - The Mynydd y Betws Wind Farm for helping us renovate an outdoor classroom ● The National Lottery Awards4All for funding our two volunteer practitioners for 1house so it is now a light and airy space for plant sales and courses. Finally, our hard work has been recognised: we were the Pontardawe Mayor’s Charity of the Year 2023-4, and won an award from Neath Port talbot Council for the environmental work done by our volunteers. We have also been awarded a Community Green Flag for the 11th Year running.Working with My Green Valley litter-pickers, we