2022-03-31-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
Notes tothe Financial Statements	18	to	30

Registered Charity number 1110453
Registered office
The Wellbeing Centre Canal-Y-Bryn
Heol Tai Mawr
Merthyr Tydfil
CF48 1ND
Trustees
Miss A Howe Law Student
Mrs S Northall Civil Servant
Mrs MJ Owen Director
Auditors
FCA
James de Frise Limited
Chartered Accountants
Statutory Auditors
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF374DY
Bankers
Lloyds Bank Pic
Merthyr Branch
69 High Street
MERTHYR TYDFIL
CF47 8UH
Solicitors
Geldards
Dumfries House
Dumkies Place
Cardiff
CF103ZF
Key and senior staff
Colette Watkins and Helen Buhaenko	- Managem ofthe Gellideg Foundation	Group.
Arnanda Jenkins - Finance Manager
Michelle Roberts - Youth Programme	Manager

						31.3.22	31.3.21
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
		Notes		F	F	6	2
INCOME AND ENDOWMENTS	FROM		'
Donations and legacies		2		61,631	248,598	310,229	534,095
Other trading activities				31,582		31,582	24,792
Total				93,213	248,598	341,811	558,887
EXPENDITURE ON Raising funds		4		5,698	8,214,	13,912	32,566
Charitable activities		5
General				144,698	283,519	428,217	318,002
Total				150,396	291,733	442,129	350,568
NET INCOME/(EXPENDITURE)				(57,183)	(43,135)	(100,318)	208,319
RECONCILIATION OF FUNDS
Total funds brought forward				322,073	3,523,697	3,845,770	3,637,451
TOTAL FUNDS CARRIED FORWARD				264,890	3,480,562	3,745,452	3,845,770

				31.3.22	31.3.21
		Unrestricted	Restricted	Total	Total
	Notes	funds F	funds F	funds f	funds f
FIXEDASSETS
Tangible assets			3,200,855	3,200,855	3,153,694
CURRENT ASSETS
Debtors	12	26,926	48,300 .	75,226	123,030
Cash at bank		246,921	231,408	478,329	587,937
		273,847	279,708	553,555	710,967
CREDITORS
Amounts falling due within one year	13	(8,958)		(8,958)	(18,891)
NET CURRENT ASSETS		264,889	279,708	544,597	692,076
TOTAL ASSETSLESSCURRENT	LIABILITIES,	264,889	3,480,563	3,745,452	3,845,770
NET ASSETS		264,889	3,480,563	3,745,452	3,845,770
FUNDS	14
Unrestricted funds				264,889	322,073
Restricted funds				3,480,563	3,523,697
TOTALFUNDS				3,745,452	3,845,770

		8 temant ofC f rthe Year Ended	ash Flows 31 March 2022
		Notes	31.3.22 f	31.3.21 '9
Cash, flows from opemtlng activities Cash generated from operations			7,403	232;730
Net cash provided by operating activities			7,403	232,730
Cash flows from investing	activities
Purchase oftangible fixed assets			(117,011)	(27,008)
Sale oftangible fixed assets				37,000
Net cash (used in)/provided	by investing	activities	(117,011)	9,992
Change in cash and cash the reporting period	equivalents	in	(109,608)	242,722
Cash and cash equivalents beginning ofthe reporting	at the period		587,937	345,215
Cash and cash equivalents the reporting period	at the end	of	478,329	587,937

			31.3.22	31.3.21
			6	6
Net (expenditure)/income forthe reporting		pediod (as per the
Statement ofFinancial Activities)			(100,318)	208,319
Adjustments for:.
Depreciation charges			69,850	5,880
Profit on disposal of	fixed assets			(7,950)
Decrease in debtors			4?,804	22,976
(Decrease)/increase	in creditors		(9,933)	3,505
Net cash provided	by operations		7,403	232,730

ANALYSIS OF CHANGES IN NET FUN	DS
	At 1.4.21	Cash fiow	At 31.3.22
	f	F	6
Net cash
Cash at bank	587,937	(109,608)	478,329
	587,937	(109i608)	478,329
Total	587,937	(109,608)	478,329

DONATIONS AND LEGACIES
	31.3.22	31.3.21
	K
Donations	130	860
Grants	310,099	533,235
	310,229	534,095

Grants	received, include	d in the abo	ve, are as follows:
								31.3.22	31.3.21
								E	6
Merthyr	Tydfil CBC		Youth Legacy Fund	SLA				75,000	77,500
Voluntary Action Merthyr		Tydfil	ICFTransformation	Programme					5,000
Wales	Council for Voluntary Action		Third Sector Resilience						15,000
Wales	Council for Voluntary Action		VSEF small grants						59,399
Merthyr	Valley Homes		Green spaces SLA						34,299
Merthyr	Valley Homes		Holiday Hunger						4,125
Merthyr	Valley Homes		Wefibeing					5,000	20,000
Merthyr	Valley Homes		Covid-19 Grants						5,000
Mierthyr	Valley Homes		IT Support					7,680
			Community Foundation			Wales	Covid
Community Foundation		Wales	grant						5,000
			Voluntary Action Services emergency
Voluntary Action Merthyr		Tydfil	food						3,000
The Moondance Foundation			Moondance Covid-19		Relief Fund			8,400	10,000
Merthyr	Tydfil County Borough		Welsh Government	Rural Communities-
Council			Leader 2014-2020						29,037
RDP								21,735
Ffos Y	Fran							500
FfosY	Fran 2							5,000
South Wales Police and		Crime
Commissioner's Victims		Fund	Wefibeing Sessions					2,206
The National Lottery Community
Fund			People and Places	top	up fund				39,556
The National Lottery Community
Fund			Awards for afi					10,000	10,000
The National Lottery Community
Fund			Climate Action Boost						20,000
Voluntary Action Merthyr		Tydfil	Comic Relief Intergenerational				project		1,000
Voluntary Action Merthyr		Tydfil	Third Sector small capital grant						700
Voluntary Action Merthyr		Tydfil	Self Isolation Support						5,000
			Welsh Government	Equjpment			for
Voluntary Action Merthyr		Tydfil	volunteering						10,000
Voluntary Action Merthyr		Tydfil	Coronavirus Recovery		Grant				8,200
Voluntary Action Merthyr		Tydfil	ICF Winter Protection		Grant				10,640
Voluntary Action Merthyr		Tydfil	Welsh Government	Volunteering			Grant		2,136
Voluntary Action Merthyr		Tydfil	Integrating Care Fund		for Dementia			9,500
Voluntary Action Merthyr		Tydfil	Loneliness and Isolation					2,344
Voluntary Action Merthyr		Tydfil	Wefibeing for Staff					1,494
Voluntary Action Merthyr		Tydfil	Winter Pressures					1,882
Merthyr	Tydfil Housing Assoc		Fit and Fed					375
Merthyr	Tydfil County Borough
Council			Playwork Capital Grant						1,350
Merthyr	Tydfil County Borough
Council			Capital Food Poverty					6,475
Merthyr	Tydfil County Borough
Council			Intergenerational Outdoor Project					500
Merthyr	Tydfil County Borough
Council			Match Winter Pressures					2,470
Merthyr	Tydfil County Borough
Council			Play Provision					5,000
Merthyr	Tydfil County Borough
'Council			Revenue Food Poverty			Grant		3,000
Merthyr	Tydfil County Borough
Council			SETSCapital Grant					21,422
Merthyr	Tydfil County Borough
Council			Youth Winter Wellbeing					4,500
Wales	Council for Voluntary Action		VSRF Small Grants	VSEF024568					65,240
Rotary	Club ofMerthyr Tydfil

DONATIONS AND L	DONATIONS AND L	EGACIES - con	EGACIES - con	tinued
Merthyr Tydfil County		Borough
Council				Street Games								900
Merthyr Tydfil County		Borough
Council				Street Games								500
Merthyr Tydfil County		Borough
Council				Covid-19 Rates Rebate								28,000
The Edward	Gostling	Foundation		The Edward		Gostling		Foundation				10,000
Groundwork	Tesco Bags		ofHelp	Covid-9 Community				Fund				500
Martin Lewis Postcode Community		Trust		Martin Lewis		Coronavirus			Charity	Fund	19,674	5,253
BBCChildren	in Need			BBCCIN Top up								5,000
BBCChildren	in Need			Money Heroes Programme							1,000
Merthyr Tydft Housing		Association		Fit and Fed	Programme							800
Clothworkers'	Foundation			Capital Grant								9,700
Neighbourly	Community		Fund	Neighbourly		Community			Fund Grant			400
Lloyds Bank	Foundation			Lloyds foundation			Covid		Recovery grant		25,000	25,000
T K Maxx											500
Kick Start											1,000
Merthyr Valley Homes											40,000
Welsh Government				Food Poverty		Grant					14,400
Welsh Government				Household	goods						2,042
Western Power Distribution				Community	Matters						10,000	6,000
Youth Cymru											2,000
											310,099	533,235
OTHER TRADING ACTIVITIES
											31.3.22 f	31.3zt E
Other income											31,582	24,792
RAISING FUNDS
Other trading	activities
											31.3.22	31.3.21
											8
Purchases											13,912	40,516
Loss on sale	ofassets											(7,950)
											13,912	32,566
CHARITABLE ACTIVITIES COSTS
											Support
										Direct	costs (see
										Costs 6	note 6) f	Totals 5
General									410,547		17,670	428,217

		31.3.22	31.3.21
			6
Gross	Wages	197,366	182,923
Social	Security	14,780	12,667
		212,146	195,590

			Unrestricted	Restricted	Total
			funds	funds	fundsf
INCOME AND ENDOWMENTS		FROM
Donations and legacies			117,088	417,007	534,095
Other trading activities			24,792		24,792
Total			141,880	417,007	558,887
EXPENDITURE ON
Raising funds			(7,950)	40,516	32,566
Charitable activities
General			8,304	309,698	318,002
Total				350,214	350,568
NET INCOME			141,526	66,793	208,319
RECONCILIATION	OF FUNDS
Total funds brought	forward		180,548	3,456,903	3,637,451

			Unrestricted	Restricted	Total
			funds	funds	funds
			E.	E	E
TOTAL FUNDS CARRIED FORWARD			322,074	3,523,696	3,845,770
TANGIBLE FIXEDASSETS
			Asset
	Freehold	Short	under	Plant and
	property	leasehold	Construction	machinery	Totals
		E	F	E	F
COST
At 1 April 2021	22,000	10,000	3,116,416	59,648	3,208,064
Additions			117,011		117,011
Transfer to ownership	3,233,427		(3,233,427 )
At 31 March 2022	3,255,427	10,000		59,648	3,325,075
DEPRECIATION
At 1 April 2021	2,549	1,700		50,121	54,370
Charge for year	64,969	200		4,881	69,850
At,31 March 2022	67,518	1,900		54,802	124,220
NET BOOKVALUE
At 31 March 2022	3,187,909	8,100		4,846	3,200,855
At 31 March 2021	19,451	8,300	3,116,416	9,527	3,153,694

DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.3.22 f	31.3.21 f
Trade debtors	75,226	123,030
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.3.22 f	31.3.21
Trade creditors		10,311
Accrued expenses	8,958	8,580
	8,958	't8,891

MOVEMENT	IN F	UNDS
				Net
				movement	At
			At 1.4.21	in funds	31.3.22
			E	8
Unrestricted	funds
General fund			322,073	(57,184)	264,889
Restricted funds
Wellbeing Centre			3,375,501	33,666	3,409,167
BBCChildren	in Need		67,035	(18,735)	48,300
Awards foi All			8,214	1,786	10,000
Merthyr Youth	Service		1,222	(1,222)
WCVA Recovery			43,629	(43,629)
Climate Action	Boost		20,000	(20,000)
The Clothworkers'		Foundation	8,096		8,096
Ffos Y Fran Grant				5,900	5,000
			3,523,697	(43,134)	3,480,563
TOTALFUNDS			3,845,770	(100,318)	3,745,452

		Incoming	Resources	Movement
		resources	expended	in funds
		2		2
Unrestricted funds
General fund T K Maxx - Community	Fund Foundation	92,713 500	(149,897) (500)	(57,184)
Restricted funds		93,213	(150,397)	(57,184)
MVH Communal		10,000	(10,000)
Wellbeing Centre			33,666	33,666
BBCChildren in Need MTCBC Legacy Fund		1,000 75,000	(19,735) (75,000)	(18,735)
VAMT (Dementia)		15,220	(15,220)
Cdme Commissioner's	Victims Fund	2,206	(2,206)
Awards for All		10,000	(8,214)	1,786
Merthyr Youth Service Moondance Foundation		8,400	(1,222) (8,400)	(1,222)
RDP		21,735	(21,735)
WCVA Recovery Climate Action Boost MTCBC Youth		(1)	(43,628) (20,000)	(43,629) (20,000)
		4,500	(4,500)
Merthy Tydfil Housing	Association - Fit and
Fed Grant . MTCBC Play Provision Postcode Community	Trust	375 5,000 19,674	(375) (5,000) (19,674)
Merthyr Valleys Home	ITSupport	7,680	(7,680)
Welsh Government Food and Poverty
grant SETSCapital Grant MTCBC		16,442 21,422	(16,442) (21,422)
MTCBC Capital food poverty		9,475	(9,475)
Western Power'Distribution Ffos YFran Grant		10,000 5,500	(10,000) (500)	5,900
Youth Cymru MTCBC Match Winter	Pressures	2,000 2,970	(2,000) (2,970)
			(291,732)	(43,134)
TOTAL FUNDS		341,811	(442,129)	(100,318)

					Net
					movement	At
				At 1.4.20	in funds	31.3.21
				5
	Unrestricted funds
	General fund			180,548	141,525	322,073
	Restricted funds
	Toddlers @Coed-Y-Dderwen The National Lottery Community		Fund	1,105 4,806	(1,105) (4,806)
	Wellbeing Centre BBCChildren in Need			3,375,501 71,300	(4,265)	3,375,501 67,035
	Crime Commissioneys	Victims Fund		663	(663)
	Awards for All				8,214	8,214
	Meithyr Youth Service ICF Third Sector - Covid-19			3,082 446	(1,860) (446)	1,222
	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
	TOTAL FUNDS			3,637,451	206,319	3,845,770

MOVEMENT IN FUNDS -	continued	continued
Comparative net movement	in funds, included		in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			2	6	5
Unrestricted funds
General fund			141,880	(355)	141,525
Restricted funds
Toddlers @Coed-Y-Dderwen The National Lottery Community BBCChildren in Need		Fund	5,000	(1,105) (4,806) (9,265)	(1,105) (4,806) (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 ICF Small Grant Scheme			10,000 700	(1,786) (700)	8,214
Merthyr Youth Service ICF Third Sector - Covid-1 9				(1,860) (446)	(1,860) (446)
National Lottery Community	Fund		39,556	(39,556)
VAMT ICT Transformation Programme WCVA Third Sector Resilience WVCA VSEF			5,000 15,000 59,399	(5,000) (15,000) (59,399)
Community Foundation Wales Moondance Foundation			5,000 10,000	(5,000) (10,000)
Awards for All RDP			1,000 29,037	(1,000) (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 The Clothworkers' Foundation			20,336 9,700	(20,336) (1,604)	8,096
Naighbourly Community Fund			400	(400)
			417,007	(350,213)	66,794
TOTAL FUNDS			556,887	(350,568)	208,319

					Net
					movement	At
				At 1.4.20	in funds	31.3.22
					6
Unrestricted. funds
General fund				180,548		264,889
Restricted funds
Toddlers @Coed-Y-Dderwen				1,105	(1,105)
The National Lottery Community			Fund	4,806	(4,806)
Wellbeing Centre				3,375,501	33,666	3,409,167.
BBCChildren in Need				71,300	(23,000)	48,300
Crime Commissioner's		Victims Fund		663	(663)
Awards for All					10,000	10,000
Merthyr Youth Service				3,082	(3,082)
ICF Third Sector -	Covid-1 9			446	(446)
The Clothworkers'	Foundation				8,096	8,096
Ffos YFran Grant					5,000	5,000
				3,456,903	23,660	3,480,563
TOTALFUNDS				3,637,451	108,001	3,745,452

as follows:	p	y q	n	uns, ncue	e v
			Incoming	Resources	Movement
			resources f	expended f	in funds f
Unrestricted funds
General fund			234,593	(150,252)
T K Maxx - Community Fund	Foundation		500	(500)
			235,093	(150,752)	84,341
Restricted funds
Toddlers @Coed-Y-Dderwen				(1,105)	(1,105)
MVH Communal The National Lottery Community		Fund	10,000	(10,000) (4,806)	(4,806)
Wellbeing Centre BBCChildren in Need ' MTCBC Legacy Fund			6,000 152,500	33,666 (29,000) (152,500)	33,666 (23,000)
VAMT (Dementia)			18,220	(18,220)
Crime Commissioner's Victims Fund Awards for All			2,206 20,000	(2,869) (10,000)	(663) 10,000
ICF Small Grant Scheme			700	(700)
Merthyr Youth Service ICF Third Sector - Covid-19 National Lottery Community	Fund		39,556	(3,082) (446) (39,556)	(3,082) (446,)
VAMT ICT Transformation Programme WCVA Third Sector Resilience WVCA VSEF			5,000 15,000 59,399	(5,000) (15,000) (59,399)
Community Foundation Wales			5,000	(5,000)
Moondance Foundation			18,400	(18,400)
Awards for All RDP			1,000 50,772	(1,000) (50,772)
Youth Street Games			500	(500)
WCVA Recovery VAMT Self Isolation Lloyds Bank Foundation			65,239 5,000 24,999	(65,239) (5,000) (24,999)
Climate Action Boost			20,000	(20,000)
VAMT Winter Protection			10,640	(10,640)
VAMT Recovery and Equipment The Clothworkers' Foundation			20,336 9,700	(20,336) (1,604)	8,096
Neighbourly Community Fund			400	(400)
MTCBC Youth
			4,500	(4,500)
Merthy Tydfil Housing Association		- Fit and
Fed Grant			375	(375)
MTCBC Play Provision Postcode Community Trust			5,000 19,674	(5,000) (19,674)
Merthyr Valleys Home IT Support Welsh Government Food and Poverty			7,680	(7,680)
grant SETSCapital Grant MTCBC			16,442 21,422	(16,442) (21,422)
MTCBC Capital food poverty			9,475	(9,475)
Western Power Distribution Ffos Y Fran Grant			10,000 5,500	(10,000) (500)	5,000
Youth Cymru			2,000	(2,000)
MTCBC Match Winter Pressures			2,970	(2,970)
			665,605	(641,945)	23,660
TOTAL FUNDS			900,698	(792,697)	108,001