2021-03-31-accounts - Gellideg Foundation Community Association

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		Page
Report ofthe Trustees	1	to	11
Report ofthe Independent Auditors	12	to	13
Statement of Financial Activities		14
Statement of Financial Position		15
Statement ofCash Flows		16
Notes to the Statement ofCash Flows		17
Notes to the Financial Statements	18	to	29
Detailed Statement of Financial Activities	30	to	31

		f	or the Year E	nded 31 Nlarch	2021
						31.3.21	31.3.20
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	6	5	8	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	117,088	417,007	534,095	240;290
Other trading activities			3	24,792		24,792
Total				141,880	417,007	558,887	281,730
EXPENDITURE ON
Raising funds			4	(7,950)	40,516	32,566	(23,067)
Charitable activities			5
General				8,303	309,698	318,001	278,539
Total				353	350,214	350,567	259,472
NET INCOME				141,527	66,793	208,320
RECONCILIATION	OF FUNDS
Total funds brought	forward			180548	3456903	3)637451	3631 '193
TOTAL FUNDS CARRIED FORWARD				322,075	3,523,696	3,845,771	3.537,451,

	GELLIDEG FOUNDATION COMMUN ~OCI TIDH	GELLIDEG FOUNDATION COMMUN ~OCI TIDH	TY
	Statement of Financial Position
				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	6	f	6	f
FIXEDASSETS
Tangible assets	11	97,591	3,056,103	3,153,694	3,161,616
CURRENT ASSETS
Debtors	12	55,030	68,000	123,030	146,006
Cash at bank		188,342	399,595	587,937	345,215
		243,372	467,595	710,967	491,221
CREDITORS
Amounts falling due within one year	13	(18,889)	(1)	(18,890)	(15,386)
NET CURRENT ASSETS		224,483	467,594	692,077	475,835
TOTAL ASSETSLESSCURRENT	LIABILITIES	322,074	3,523,697	3,845,771	3,637,451
NET ASSETS		322,074	3,523,697	3,845,771	3,637,451
FUNDS	14
Unrestricted funds				322,074	160,548
Restricted funds				3,523,697	3,456,903
TOTALFUNDS				3,845,771	3,637,451

		Statement	Statement	Statement	fCash Flows	fCash Flows
		f r h	Y	En	1 Mar	h	2021
		Notes					31.3.21	31.3.20 f
Cash flows from operating	activities
Cash generated from operations		1					232,730	(70,313)
Net cash provided by/(used	in) operating	adivities					232,730	(70,318)
Cash flows from investing	activities
Purchase oftangible fixed assets							(27,008)	(50',998)
Sale oftangible fixed assets							37,000	95,471
Net cash provided by investing activities							9,992	44,475
Change in cash and cash	equivalents	in
the reporting period							242,722	(25,643)
Cash and cash equivalents	atthe
beginning ofthe reporting	period						345,215	371;059
Cash and cash equivalents	atthe end	of
the reporting period							587,937	349415

					31.3.21 6	31.3.20 f
Net income	forthe	reporting		period (as per the Statement of Financial
Activities)					208,320	6,258
Adjustments	for:
Depreciation	charges				5,881	3,457
Profit on disposal of		fixed assets			(7,950)	(34,571)
Decrease/(increase)		in debtors			22,976	(51,647)
Increase in creditors					3,503	6,185
Net cash provided		by/(used		in) operations	232,730	(70,318)
ANALYSIS OF CHANGES			IN	NET FUNDS
				At 1.4.20	Cash flow	At 31.3.21
				f
Net cash
Cash at bank				345,215	242,722	587,937
				345,215	242,722	587,937
Total				345,215	242,722	587,937

Grants r	eceived, included	in the abov	e, are as follows:
								31.3.21	31.3.20
									6
Merthyr	Tydfil CBC		Youth Legacy Fund	SLA				77,500	75,000
Voluntary	Action Merthyr	Tydfil	ICF Transformation	Programme				5,000
Wales Council for Voluntary Action			Third Sector Resilience					15,000
Voluntary	Action Merthyr	Tydfil	ICF Community Capacity (Dementia)						7,000
Wales Council for Voluntary Action			VSEF small grants					59,399
Merthyr	Valley Homes		Green spaces SLA					34,299	34,330
Merthyr	Valley Homes		Wellbeing Nutrition						3,296
Merthyr	Valley Homes		Holiday Hunger					4,125
Merthyr	Valley Homes		Wefibeing					20,000
Merthyr	Valley Homes		Covid-19 Grants					5,000
			Community Foundation Wales Covid
Community Foundation		Wales	grant					5,000
National	Lottery Awards	for Afi
Wales			Awards for Afi - Community		Events				9,650
Interlink	RCT ICF Medium Grant
Scheme			Youth Mental Health						10,000
Biffa			Wefibeing Centre						980
Neighbourly Community		Fund	Community Food						400
			Voluntary Action Services emergency
Voluntary	Action Merthyr	Tydfil	food					3,000
The Moondance Foundation			Moondance Covid-19 Relief		Fund			10,000
Merthyr	Tydfil County Borough		Welsh Government	Rural Communities-
Council			Leader 2014-2020					29,037
			ICF Third Sector Grant Scheme			to
ICF Third Sector Grant Scheme			support Covid 19						446
The Lord Barnby Foundation			Older Age Support						2.000
South Wales Police and		Crime
Commissioner's Victims		Fund	Wefibeing Sessions						10,000
Community Foundation		Wales	The Children and Young People's				Fund		3,960
ICF Third Sector small grant
scheme			ICF Small Grant Scheme						2,715
ICF Third Sector micro grant
scheme			ICF Micro Grant Scheme						488
The National Lottery Community
Fund			People and Places top up fund					39,556
The National Lottery Community
Fund			Awards for afi					10,000
The National Lottery Community
Fund			Climate Action Boost					20,000
Voluntary	Action Merthyr	Tydffi	Comic Relief Intergenerational			project		1,000
Voluntary	Action Merthyr	Tydfil	Third Sector small capital grant					700
Voluntary	Action Merthyr	Tydffi	Self Isolation Support					5,000
			Welsh Government	Equipment		for
Voluntary	Action Merthyr	Tydfil	volunteenng					10,000
Voluntary Action Merthyr		Tydtil	Coronavirus Recovery Grant					8,200
Voluntary	Action Merthyr	Tydffi	ICF Winter Protection Grant					10,640
Voluntary Action Merthyr		Tydfil	Welsh Government	Volunteering			Grant	2,136
Merthyr	Tydfil County Borough
Council			Playwork Capital Grant					1,350
Merthyr	Tydfil County Borough
Council			Youth Homelessness						3,082
Merthyr	Tydfil County Borough
Council			Youth Holiday Hunger						1,512
Wales Council for Voluntary Action			VSRF Small Grants	VSEF024568				65,240
VAMT Volunteering Wales			Youth Grant						2,631
Rotary Club of Merthyr Tydfil									600
Merthyr	Tydfil County Borough
Council			Street Games					900	900

		31.3.21	31.3.20
		6
Gross	Wages	182,923	149,554
Social	Security	12,667	9,827
		195,590	159,381

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestdicted	Restricted	Total
		fundsf	fundsf	funds 6
INCOME AND ENDOWMENTS	FROM
Donations and legacies		6,189	234,101	240,290
Other trading activities		20,335	1,105	21.440
Total		26,524	235,206	261,730
EXPENDITURE ON
Raising funds		(23,313)	246	(23,067)
Charitable activities
General		118,828	159,711	278,539
Total		95,515	159,957	255,472
NET INCOME/(EXPENDITURE)		(68,991)	75,249	6,258
RECONCILIATION OF FUNDS
Total funds brought forward		249,540	3,381,653	3,631,193
TOTAL FUNDS CARRIED FORWARD		180,549	3,456,902	3,637,451

CREDITORS: AM	OUN	TS FALL	ING DUE WITHIN O	NE YEAR
					31.3.21	31.3.20
					6	F
Trade creditors					10,310	7.195
Accrued expenses					8,580	8,190
					18,890	15,386
MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.4.20	in funds	31.3.21
				6	6	E
Unrestricted funds
General fund				180,548	141,526	322,074
Restricted funds
Toddlers @Coed-Y-Dderwen				1,105	(1,105)
The National Lottery Community			Fund	4,806	(4,806)
Wellbeing Centre				3,375,501		3,375,501
BBCChildren in Need				71,300	(4,265)	67,035
Crime Commissioner's		Victims Fund		663	(663)
Awards for All					8,214	8,214
Merthyr Youth Service				3,082	(1,860)	1 222
ICF Third Sector -	Covid-19			446	(446)
WCVA Recovery					43,629	43,629
Climate Action Boost					20,000	20,000
The Clothworkers'	Foundation				8,096	8,096
				3,456,903	66,794	3,523,697
TOTALFUNDS				3,637,451	208,320	3,845,771

Net movement in funds,	included	in the above are as f	ollows:
			Incoming	Resources	Movement
			resources	expended	in funds
			6	F	F
Unrestricted funds
General fund			141,880	(354)	141,526
Restricted funds
Toddlers @Coed-Y-Dderwen				(1,105)	(1,105)
The National Lottery Community		Fund		(4,806)	(4,806)
BBCChildren in Need			5,000	(9,265)	(4,265)
MTCBC Legacy Fund			77,500	(77,500)
VAMT (Dementia)			3,000	(3,000)
Crime Commissioner's	Victims Fund			(663)	(663)
Awards for All			10,000	(1,786)	8,214
ICF Small Grant Scheme			700	(700)
Merthyr Youth Service				(1,860)	(1,860)
ICF Third Sector-Covid-19				(446)	(446)
People and Places			39,556	(39,556)
Transformation			5,000	(5,000)
3rd Sector			15,000	(15,000)
WVCA VSEF			59,399	(59,399)
Com Found Wales			5,000	(5,000)
Moon Dance			10,000	(10,000)
Awards for All			1,000	(1,000)
RDP			29,037	(29,037)
Youth Street Games			500	(500)
WCVA Recovery			65,240	(21,611)	43,629
VAMT Self Isolation			5,000	(5,000)
Lloyds Bank Foundation			24,999	(24,999)
Climate Action Boost			20,000		20,000
VAMT Winter Protection			10,640	(10,640)
VAMT Recovery and Equipment			20,336	(20,336)
The Clothworkers' Foundation			9,700	(1,604)	8,096
Neighbourly Community	Fund		400	(400)
			417,007	(350,213)	66,794
TOTAL FUNDS			558,887	(350,567)	206,320

MOVEMENT IN FUNDS - cont	MOVEMENT IN FUNDS - cont	MOVEMENT IN FUNDS - cont	in	ued	ued
Comparatives for movement			in	funds
							Nst
							movement	At
						At 1.4.19	in funds	31.3.20
						6	6	2
Unrestricted funds
General fund						249,540	(68,992)	180,548
Restricted funds
Toddlers @Coed-Y-Dderwen							1,105	1,105
The National Lottery Community				Fund			4,806	4,806
Youth						552	(552)
Wellbeing Centre						3,375,501		3,375,501
BBCChildren in Need							71,300	71,300
VAMT (Dementia)						5,600	(5,600)
Crime Commissioner's	Victims		Fund				663	663
Merthyr Youth Service							3,082	3,082
ICF Third Sector - Covid-1 9							446	446
						3,381,653	75,250	3,456,903
TOTAL FUNDS						3,631,193	6,258	3,637,451
Comparative net movement		in funds,			included	in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						6	2	6
Unrestricted funds
General fund						26,524	(95,516)	(68,992)
Restricted funds
Toddlers @Coed-Y-Dderwen						1,105		1,105
MVH Communal						34,330	(34,330)
The National Lottery Community				Fund		9,650	(4,844)	4,806
Youth						2,631	(3,183)	(552)
BBCChildren in Need						71,300		71,300
MTCBC Legacy Fund						74,999	(74,999)
VAMT (Dementia)						7,000	(12,600)	(5,600)
Crime Commissioneds	Victims		Fund			10,000	(9,337)	663
Interlink RCT ICF						10,000	(10,000)
Community Foundation	Wales					3,960	(3,960)
Rotary Club of Merthyr	Tydfil					600	(600)
Lord Barnby Foundation						2,000	(2,000)
ICF Micro Grant						488	(488)
ICF Small Grant Scheme						2,715	(2,715)
Youth Sports Programme						900	(900)
Merthyr Youth Service						3,082		3,082
ICF Third Sector - Covid-1 9						446		446
						235,206	(159,956)	75,250
TOTAL FUNDS						261,730	(255,472)	6,258

				Net
				movement	At
			At 1.4.19	in funds	31.3.21
			f	F	F
Unrestricted	funds
General fund			249,540	72,534	322,074
Restricted funds
Youth			552	(552)
Wellbeing Centre			3,375,501		3,375,501
BBCChildren	in Need			67,035	67,035
VAMT (Dementia)			5,600	(5,600)
Awards for All				8,214	8,214
Merthyr Youth	Service			1,222	1,222
WCVA Recovery				43,629	43,629
Climate Acbon	Boost			20,000	20,000
The Clothworkers'		Foundation		8,096	8,096
			3,381,653	142,044	3,523,697
TOTAL FUNDS			3,631,193	214,578	3,845,771

A current year 12 mont as follows:	hs and p	rior year 12 months	combined net movement in	funds, included in	the above
			Incoming	Resources	Movement
			resources 6	expended f	in funds 6
Unrestricted funds
General fund			168,404	(95,870)	72,534
Restricted funds
Toddlers @Coed-Y-Dderwen			1,105	(1,105)
MVH Communal The National Lottery Community		Fund	34,330 9,650	(34,330) (9,650)
Youth			2,631	(3,183)	(552)
BBCChildren in Need			76,300	(9,265)	67,035
MTCBC Legacy Fund			152,499	(152,499)
VAMT (Dementia)			10,000	(15,600)	(5,600)
Crime Commissioners	Victims Fund		10,000	(10,000 )
Awards for All			10,000	(1,786)	8,214
Interlink RCT ICF			10,000	(10,000)
Community Foundation	Wales		3,960	(3,960)
Rotary Club ofMerthyr	Tydfd		600	(600)
Lord Bamby Foundation			2,000	(2,000)
ICF Micro Grant			488	(488)
ICF Small Grant Scheme			3,415	(3,415)
Youth Sports Programme			900	(900)
Merthyr Youth Service			3,082	(1,860)	1,222
ICF Third Sector - Covid-1 9			446	(446)
People and Places			39,556	(39,556)
Transformation			5,000	(5,000)
3rd Sector			15,000	(15,000)
WVCA VSEF			59,399	(59,399)
Com Found Wales			5,000	(5,000)
Moon Dance			10,000	(10,000)
Awards for All			1,000	(1,000)
RDP			29,037	(29,037)
Youth Street Games			500	(500)
WCVA Recovery VAMT Self Isolation			65,240 5,000	(21,611) (5,000)	43,629
Lloyds Bank Foundation			24,999	(24,999)
Climate Action Boost			20,000		20,000
VAMT Winter Protection			10,640	(10,640)
VAMT Recovery and Equipment			20,336	(20,336)
The Clothworkers' Foundation			9,700	(1,604)	8,096
Neighbourly Community	Fund		400	(400)
			652,213	(510,169)	142,044
TOTAL FUNDS			820,617	(606,039)	214,578

			for the Year Ended 3	1 March 2021
				31.3.21f	31.3.20
INCOME AND	ENDOWMENTS
Donations and legacies
Donations				860
Grants				533,235	240,290
				534,095	240,290
Other trading	activities
Other income				24,792	21,440
Total incoming	resources			558,887	261,730
EXPENDITURE
Other trading	activities
Consumables				40,516	11,504
Loss on sale oftangible			fixed assets	(7,950)	(34,571 )
				32,566	(23,067)
Charitable activities
Wages				182,923	149,553
Social security				12,667	9,827
Preschool Wages				55,328	62,120
Preschool Wages		(Recharged)		(55,328)	(62,120)
Ertuipment hire				2,278
Rent, rates and	water			2,597	2.934
Insurance				6,402	6,973
Light and heat				3,468	11,433
Telephone				5,389	3,461
Postage and stationery				1,499	1,038
Sundries				2,756	1,940
Travel and subsistence				13,492	6,734
Computer ITcosts				6,023	2,974
Activities				56,830	16,064
Repairs and maintenance				2,429	1.232
Management fees					48,001
Pensions				910	3,768
Freehold property		Depreciation		1,000	1,000
Leasehold depreciation				200	200
Plant &machinery		depreciation		4,681	2,257
				305,544	269,389
Support costs
Finance
Bank charges				109	30
Governance	costs
Auditors' remuneration				8,190	8,190
Accountancy	fees			540
Legalfees				3,618	930
				12,348	9,120

31.3.21	31.3'20
350,567	255,472
200,320	0~