Company Registration Number: 5290895 Charity Number: 1111138
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE REPORT OF THE DIRECTORS AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
| CONTENTS Directors' report Report of the independent examiner Statement of Financial Activities Statement of financial position Notes to the financial statements |
PAGE |
|---|---|
| 1 - 4 5 6 7 8 - 13 |
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE
DIRECTORS' ANNUAL REPORT YEAR ENDED 31 MARCH 2023
The trustees, who are also directors for the purposes of the Companies Act, have pleasure in presenting their report and the financial statements of the charity for the year ended 31 March 2023.
The trustees have adopted the provisions of the Charities Sorp (FRS 102) together with Update Bulletin 1 in preparing the annual report and financial statements of the charity.
Legal and administrative information
| Trustees | Annlouise Cavanna | Chairperson |
|---|---|---|
| Annlouise Cavanna | Secretary | |
| Lesley Brunton | Treasurer | |
| appointed 7.12.2022 | Charlotte Bishop | |
| Dale Berry | ||
| Glen Thomas | ||
| Jessica Manship | ||
| John Roberts | ||
| Mark Stretch | ||
| Martha Catterson | ||
| appointed 7.12.2022 | Morgana Chamberlain | |
| Laurence Clay | ||
| Principal Office | Old Caretakers House | |
| Gwern Avenue | ||
| Senghenydd | ||
| Caerphilly | ||
| CF83 4HA | ||
| Company Number | 5290895 | |
| Registered Charity Number | 1111138 | |
| Accountant | Adrian Menear F.C.C.A. | |
| Independent Examiner | ||
| 83 St Martins Road | ||
| Caerphilly | ||
| Mid Glamorgan | ||
| CF83 1EH | ||
| Bankers: | Barclays Bank plc | |
| Caerphilly Business Centre | ||
| The Twyn | ||
| Caerphilly | ||
| Date of incorporation | 18 November 2004 | |
| Company telephone number | 02920 832712 | |
| Short name | SYDIC |
Page 1
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE
DIRECTORS' ANNUAL REPORT (continued) YEAR ENDED 31 MARCH 2023
Directors and trustees
The directors of this charitable company (the charity) are its trustees, and for the purpose of charity law and throughout this report they are collectively referred to as the trustees.
The board of trustees are satisfied with the performance of the charity during the year, and the position at 31 March 2023, and consider that the charity is in a strong position to continue its operation and activities during the coming year and that the charity's assets are adequate to fulfil its obligations.
Structure, governance and management
Governing document
The charity is a company limited by guarantee, governed by its memorandum and articles of association dated 18 November 2004, and this company is a charity registered with the Charity Commission. Clause 3 of the Memorandum of Association states: "The objects of the charity is to help young people especially but not exclusively through their leisure time activities so as to develop their physical, mental and spiritual capabilities that they may grow to full maturity as individuals and members of the society."
Public benefit activity:
The company's principal activity and object as a registered charity is to enable youths age 11 to 25 to congregate safely and supply them with both educational and leisure facilities which will provide an alternative to crime.
The charity aims to engage with young people to develop their capacity, and to allow them to mature into well rounded individuals able to make positive contributions to their community and society at large.
Main objectives
To offer a secure non-judgemental environment for young people to congregate safely, offering leisure and educational activities and projects that provide an alternative to crime. To build appropriate relationships with young people.
To listen and be aware of problems that young people face.
To give appropriate guidance, offer support and help when needed to young people who are experiencing problems.
To promote self-awareness, understanding and social skills, that engages and encourages participation in community activities and projects.
To act as positive role models, using positive images, behaviour, and attitudes to reinforce young people's confidence and abilities to engage in the enhancement and improvement in their local community.
To encourage healthy active participation in activities that enforce social and community skills.
To maintain close links with local businesses.
Covid-19 Statement
Due to the Welsh Government's coronavirus guidelines, regulations and subsequent lockdowns, SYDIC adopted a traffic light risk assessment system that mirrored the precautions advised by the Welsh Government. This has led to long periods of not being able to carry out face to face youth work.
Page 2
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE
DIRECTORS' ANNUAL REPORT (continued) YEAR ENDED 31 MARCH 2022
Covid-19 Statement (continued)
This has meant relying on remote sessions over the internet to stay in touch with our members and to reach out to those young people who are most in need. These sessions have utilised social media, Zoom and Teams meetings alongside telephone conversations. When the social distancing measures eased during the summer, we initiated appropriately managed outdoor sessions and outreach work, only to have to re-establish lockdown measures over the Christmas period up until the present.
SYDIC have maintained contact with our members and have succesfully gained post covid relief which will enable us to effectively engage and encourage participation with SYDIC and its partners as this becomes viable.
Strategies to achieve the objectives
To maintain our staff development programme.
To maintain our volunteer development programme.
To ensure SYDIC's management structure is capable of meeting new challenges. To research and develop new funding bids and opportunities.
To maintain and expand current programmes and projects through our monitoring and evaluation process and through member's consultations and focus groups.
To continue our high level of service to the youth of Aber Valley by applying for the next level of Children and Young People Partnership Quality Mark.
To maintain a high level of community involvement including working with our partners in Community Regeneration.
To maintain close links and communications with local schools.
Details of significant activities that contribute to achieving the objectives: Music; computers and gaming; sexual health, and alchohol substance misuse,smoking health sessions, general games; youth committee participation; art (ceramics, art and craft.)
The contribution of volunteers (including trustees):
The volunteer policy is based on the principle that the public benefits from up-skilling the community.
Time and effort contributed by volunteers is recognised as being of equal status to that of those in paid positions.
Volunteers are properly supported and treated in the course of their work.
The principles of Equal Opportunities are paramount in advertising for, or placement of, volunteers.
Volunteers are offered sufficient training for their needs and that of their role.
All volunteers working within the centre are required to follow SYDIC policies and procedures.
Appointment of trustees, and officers
The trustees when complete consist of at least three individuals, with no maximum number. Trustees may be appointed by members at a General Meeting, or by a resolution passed by the existing directors.
Training is arranged and available for all trustees, covering all aspects of the voluntary sector regulations.
Organisation
The board of trustees administers the charity. The executive committee meets regularly. A centre manager is appointed by the trustees to manage the day to day operations of the
charity.
Page 3
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE
DIRECTORS' ANNUAL REPORT (continued) YEAR ENDED 31 MARCH 2023
Financial review
| Net unrestricted income / (expenditure) of | £ 16,305 |
|---|---|
| left an unrestricted fund balance of | £ 47,064 |
| Net restricted income / (expenditure) of | £ 2,530 |
| left a restricted fund balance of | £ 18,337 |
| Investment powers and policy | |
| Under the memorandum and articles of association, the charity has the power to invest in | |
| any way the trustees wish. |
Having regard to the liquidity requirements of the charity, the trustees have been operating a policy of keeping available funds in an interest earning bank account. Reserves policy
Clause 4 (h) of the Memorandum of Association allows the charity "to set aside income as a reserve against future expenditure but only in accordance with a written policy about reserves." The trustees have established a level of reserves (funds freely available) designed to ensure uninterrupted service delivery in the event of a short term fall in funding levels.
The reserves level is based on running costs for three months, assuming that after that time secured sources of funding become available.
Plans for the future
The charity is seeking more funding opportunities to develop the scheme in the future.
Trustees responsibilities
The trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that year, in preparing those financial statements the trustees are required to: a) Select suitable accounting policies and then apply them consistently
b) Make judgements and estimates that are responsible and prudent
c) State whether the policies adopted are in accordance with the Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements
d) Prepare the financial statements on the going concern basis, unless it is inappropriate to assume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Lesley Brunton
Treasurer. Approved by trustees on 27 June 2023
Page 4
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF SENGHENYDD YOUTH DROP IN CENTRE
I report on the accounts of the company for the year ended 31 March 2023 which are set out on pages 6 to 13.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts (under section 145 of the 2011 Act);
to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145 (5) (b) of the 2011 Act); and to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 386 of the Companies Act 2006: and to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Adrian Menear F.C.C.A. Independent Examiner 83 St Martins Road Caerphilly Mid Glamorgan CF83 1EH
Date: 27 June 2023
Page 5
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023
| Note INCOMING RESOURCES Incoming resources from generated funds: Voluntary income Activities for generating funds Incoming resources from charitable activities: Investment income: Other incoming resources: Total incoming Resources 2 RESOURCES EXPENDED Costs of generating funds Fundraising trading costs Charitable activities Governance costs Othe resources expended Total resources Expended 3 Net Movement in resources for the year Funds Brought Forward Transfers Funds Carried Forward 9 |
Unrestricted Restricted Total Total Fund Fund Fund Fund 2023 2022 £ £ £ £ 95,547 63,731 159,278 84,266 1,022 0 1,022 730 0 0 0 0 0 0 0 0 0 0 0 0 |
|---|---|
| 96,569 63,731 160,300 84,996 |
|
| 1,093 0 1,093 554 78,571 61,201 139,772 135,409 600 0 600 600 0 0 0 0 |
|
| 80,264 61,201 141,465 136,563 |
|
| 16,305 2,530 18,835 (51,567) 25,689 20,877 46,566 98,133 5,070 (5,070) 0 0 |
|
| 47,064 18,337 65,401 46,566 |
The charity has no recognised gains or losses other than the results for the year as set out above
All of the activities of the charity are classed as continuing.
Page 6
| SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT 31 MARCH 2023 Note 2023 £ £ FIXED ASSETS Tangible assets 6 0 CURRENT ASSETS Trade debtors 0 Stock 7 0 Cash at bank and in hand 66,001 66,001 LIABILITIES Amounts falling due within one year: unrestricted funds 8 600 Net current assets 65,401 Net assets 65,401 REPRESENTED BY Unrestricted funds 47,064 Restricted funds 9 18,337 65,401 |
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT 31 MARCH 2023 Note 2023 £ £ FIXED ASSETS Tangible assets 6 0 CURRENT ASSETS Trade debtors 0 Stock 7 0 Cash at bank and in hand 66,001 66,001 LIABILITIES Amounts falling due within one year: unrestricted funds 8 600 Net current assets 65,401 Net assets 65,401 REPRESENTED BY Unrestricted funds 47,064 Restricted funds 9 18,337 65,401 |
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT 31 MARCH 2023 Note 2023 £ £ FIXED ASSETS Tangible assets 6 0 CURRENT ASSETS Trade debtors 0 Stock 7 0 Cash at bank and in hand 66,001 66,001 LIABILITIES Amounts falling due within one year: unrestricted funds 8 600 Net current assets 65,401 Net assets 65,401 REPRESENTED BY Unrestricted funds 47,064 Restricted funds 9 18,337 65,401 |
2022 £ £ 0 0 0 47,166 47,166 600 46,566 46,566 25,689 20,877 46,566 |
2022 £ £ 0 0 0 47,166 47,166 600 46,566 46,566 25,689 20,877 46,566 |
|---|---|---|---|---|
| 66,001 600 |
47,166 600 |
|||
| 65,401 | 46,566 | |||
| 47,064 18,337 |
25,689 20,877 |
|||
| 65,401 | 46,566 |
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities;
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to the small companies regime.
On behalf of the Board
ANNLOUISE CAVANNA
……………………………………….. Trustee
LESLEY BRUNTON
……………………………………….. Trustee
Approved by the Board on 27 June 2023
Page 7
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Charities SORP (FRS 102) together with Update Bulletin 1, and the Companies Act 2006.
Cash flow statement
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.
Accruals concept
The basic accounting concept used throughout is the accruals concept, in which all incoming resources are dealt with in the Statement of Financial Activities for the period to which they relate and expenditure is included as it is incurred.
Income
Income represents cash received from grants and donations.
Grants
Grants are included on a receivable basis. Those given for a specific purpose, before expenditure has occurred, are shown as restricted funds. If the money has already been spent, and a grant is subsequently applied for, any conditions have already been complied with. Such grants are not restricted income, in accordance with the Charities Sorp 2005 definition. Such grants received by the charity, to replace the unrestricted funds already spent, may be spent in the future as the charity sees fit. A charity may choose to make expenditure with a view to making future grant applications, but such funds are unrestricted. Donations
Donations are recognised when they are received. The value of working time donated by volunteers is not included in these accounts at a monetary value.
Tangible Fixed assets
Tangible fixed assets are capitalised if they can be used for more than one year, and cost more than £350
Depreciation is provided at the following annual rate in order to write off any relevant asset over its estimated useful life.
Fixtures and equipment 10% on a straight line basis. Computer equipment 33.3% on a straight line basis.
Stock
Stock consists of kitchen and tuck items, and are included at the lower of cost and net realisable value, with due provision for slow moving and obsolete stock.
Taxation
As a registered charity, the charity is not liable to income or corporation tax on its income. The charity is not registered for Value Added Tax, and VAT included in amounts paid for goods and services cannot be recovered, and is an expense to the charity.
Governance costs
Governance costs are costs not directly associated with charitable activities, and include fees of the independent examiner, and costs associated with constitutional and statutory requirements.
Page 8
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
| 2. INCOMING RESOURCES All income related to primary purpose activities. Voluntary income: Sundry donations: Grants: Various: SYDIC salaries PCC for Gwent: salaries Paul Hamlyn Foundation: salaries Various: services Awards for all: salaries Summer scheme GAVO Business in the Community: salaries Energy Saving Trust CCBC: CCBC: Mia Hughes |
Unrestricted Restricted Total Total Funds Funds 2023 2022 £ £ £ £ |
|---|---|
| 0 0 0 0 |
|
| 53,404 53,404 2,087 31,628 31,628 23,486 30,000 30,000 30,000 12,234 12,234 4,678 9,444 9,444 9,444 7,237 7,237 5,000 6,859 6,859 1,708 6,369 6,369 0 2,103 2,103 0 0 975 0 6,888 |
| Activities for generating funds: Sale of food Provision of services Incoming resources from charitable activities: Leisure and social provision |
95,547 63,731 159,278 84,266 |
|---|---|
| 95,547 63,731 159,278 84,266 |
|
| 1,022 1,022 730 0 0 0 |
|
| 1,022 0 1,022 730 |
|
| 0 0 |
|
| 0 0 0 0 |
Other incoming resources
| 0 | 0 | ||
|---|---|---|---|
| 0 | 0 | 0 | 0 |
| 96,569 | 63,731 | 160,300 | 84,996 |
Page 9
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
| 3. RESOURCES EXPENDED | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Fundraising trading costs: | ||||
| Food costs | 1,093 | 1,093 | 554 | |
| Costs of services provided | 0 | 0 | ||
| 1,093 | 0 | 1,093 | 554 | |
| Costs in furtherance of charitable objectives | ||||
| Leisure and social provision | 78,571 | 61,201 | 139,772 | 135,409 |
| 78,571 | 61,201 | 139,772 | 135,409 | |
| Governance costs: | 600 | 0 | 600 | 600 |
| Other resources expended: | ||||
| Natural Power | 0 | 0 | ||
| 0 | 0 | 0 | 0 | |
| 80,264 | 61,201 | 141,465 | 136,563 | |
| 4. GOVERNANCE COSTS | Unrestricted | Restricted | Total | Total |
| Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Independent examination fees | 600 | 0 | 600 | 600 |
| AGM and annual report costs | 0 | 0 | ||
| 600 | 0 | 600 | 600 | |
| 5. TOTAL RESOURCES EXPENDED | Staff | Other | Total | Total |
| costs | costs | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Direct charitable expenditure | 116,419 | 24,446 | 140,865 | 135,963 |
| Governance costs | 600 | 600 | 600 | |
| 116,419 | 25,046 | 141,465 | 136,563 | |
| The aggregate payroll costs were: | 2023 | 2022 | ||
| £ | £ | |||
| Wages | 112,810 | 118,580 | ||
| Social security costs | 3,609 | 3,945 |
116,419 122,525
None of the trustees received any remuneration or expenses for their services. No employee earned more than £60,000 in this financial year. Particulars of employees:
| None of the trustees received any remuneration or expenses for their services. No employee earned more than £60,000 in this financial year. Particulars of employees: |
None of the trustees received any remuneration or expenses for their services. No employee earned more than £60,000 in this financial year. Particulars of employees: |
|
|---|---|---|
| The average number of full-time equivalent staff employed by the charity during the | ||
| financial year was: | 2023 | 2022 |
| Management and administration | 0 | 0 |
| Service provision | 7 | 7 |
| 7 | 7 |
Page 10
SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE
NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
| 6. TANGIBLE FIXED ASSETS Cost: At 1 April 2022 Additions Disposals At 31 March 2023 Depreciation: At 1 April 2022 Charge for year Eliminated on disposals At 31 March 2023 Net Book Value: At 31 March 2023 At 31 March 2022 7. STOCK Kitchen and tuck shop stock 8. LIABILITIES Accrual for independent examiner's fee |
Computer Equipment £ 42,533 |
Fixtures Total & Fittings 2023 £ £ 22,708 65,241 0 0 0 |
|---|---|---|
| 42,533 | 22,708 65,241 |
|
| 42,533 | 22,708 65,241 0 0 |
|
| 42,533 | 22,708 65,241 |
|
| 0 | 0 0 |
|
| 0 | 0 0 |
|
| 2023 2022 £ £ 0 0 |
||
| 0 0 |
||
| 2023 2022 £ £ 600 600 |
||
| 600 600 |
Page 11
| SENGHENYDD YOUTH DROP IN CENTRE | SENGHENYDD YOUTH DROP IN CENTRE | SENGHENYDD YOUTH DROP IN CENTRE | SENGHENYDD YOUTH DROP IN CENTRE | ||
|---|---|---|---|---|---|
| COMPANY LIMITED BY GUARANTEE | |||||
| NOTES TO THE ACCOUNTS | |||||
| YEAR | ENDED 31 MARCH 2023 | ||||
| 9. FUNDS | 01.04.22 | Income | Expense | Transfers | 31.03.23 |
| £ | £ | £ | £ | £ | |
| Unrestricted: | |||||
| General funds | 30,759 | 96,569 | 80,264 | 47,064 | |
| Restricted: | |||||
| PCC for Gwent: salaries | 1 | 31,628 | 31,501 | 128 | |
| Paul Hamlyn Foundation: salaries | 13,314 | 30,000 | 28,604 | 14,710 | |
| Energy Saving Trust | 1,020 | 2,103 | 929 | 2,194 | |
| The Millenium Stadium Charitable Trust | 1,472 | 167 | 1,305 | ||
| 15,807 | 63,731 | 61,201 | 0 | 18,337 | |
| Total funds | 46,566 | 160,300 | 141,465 | 0 | 65,401 |
| 2022 funds: | 01.04.21 | Income | Expense | Transfers | 31.03.22 |
| £ | £ | £ | £ | £ | |
| Unrestricted: | |||||
| General funds | 13,981 | 24,622 | 10,379 | 2,535 | 30,759 |
| Restricted: | |||||
| PCC for Gwent: salaries | 7,829 | 23,486 | 31,314 | 1 | |
| Paul Hamlyn Foundation | 0 | 30,000 | 16,686 | 13,314 | |
| Energy Saving Trust | 1,020 | 1,020 | |||
| The Millenium Stadium Charitable Trust | 2,490 | 1,018 | 1,472 | ||
| Awards for all | 5,820 | 6,246 | 426 | 0 | |
| Moondance Foundation | 36,000 | 33,065 | (2,935) | 0 |
| Track 2000: salaries CCBC Mia Hughes Tuck Total funds |
30,985 30,959 (26) 0 0 6,888 6,888 0 8 8 0 |
|---|---|
| 84,152 60,374 126,184 (2,535) 15,807 |
|
| 98,133 84,996 136,563 0 46,566 |
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SENGHENYDD YOUTH DROP IN CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
10. ANALYSIS OF NET ASSETS (between restricted and unrestricted funds)
| Restricted funds (represented by cash at bank) Unrestricted funds 2022 net assets: Restricted funds (all represented by cash at bank) Unrestricted funds |
Tangible Other fixed net assets assets Total £ £ £ 0 18,337 18,337 0 47,064 47,064 |
|---|---|
| 0 65,401 65,401 |
|
| Tangible Other fixed net assets assets Total £ £ £ 0 15,807 15,807 0 30,759 30,759 |
|
| 0 46,566 46,566 |
11. RELATED PARTY TRANSACTIONS
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.
12. COMPANY LIMITED BY GUARANTEE
The charity is a company limited by guarantee, with each members liability limited to £10.
13. PREMISES
The charity operates from premises leased at a peppercorn rent from Caerphilly County Borough Council.
Page 13