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← Rhayader And District Community Support Limited

2025-03-31-accounts

Charity Number: 1113768 Company Number: 05672088

RHAYADER & DISTRICT COMMUNITY SUPPORT

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 MARCH 2025

RHAYADER & DISTRICT COMMUNITY SUPPORT

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

CONTENTS CONTENTS
Page
1 Legal and Administrative Information
2 - 4 Report of the Trustees
5 Independent Examiner’s Report
6 Statement of Financial Activities
(Including Income and Expenditure Account)
7 Balance Sheet
8 - 15 Notes to the Financial Statements

RHAYADER & DISTRICT COMMUNITY SUPPORT

LEGAL AND ADMINISTRATIVE INFORMATION

TRUSTEES:

Jacqueline Davies (Co-Chair from 27 November 2024) Patricia Buchan (Co-Chair from 27 November 2024) Jonathan Matthews Deborah Price (Resigned 1 January 2025) Elizabeth Lee Price (Appointed 27 November 2024, resigned 1 October 2025) Catherine Lea (Resigned 1 January 2025)

COMPANY SECRETARY: Catherine Lea REGISTERED OFFICE: The Arches West Street Rhayader Powys LD6 5AB REGISTERED COMPANY NUMBER: 05672088 REGISTERED CHARITY NUMBER: 1113768 INDEPENDENT EXAMINER: A C Jones Andrew Jones & Co Chartered Accountants The Old Surgery Spa Road Llandrindod Wells Powys LD1 5EY

1

RHAYADER & DISTRICT COMMUNITY SUPPORT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report with the Financial Statements of the company for the year ended 31 March 2025.

The Financial Statements comply with the Charities Act 2011, the Companies Act 2006, the memorandum and Articles of Association, Accounting and reporting by Charities: Statement of recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).

OUR PURPOSES AND ACTIVITIES

The objectives of the charity are to promote all or any purposes for the benefit of the community in Rhayader and District deemed by law to be charitable and in particular, the advancement of education, the furtherance of health and the relief of poverty, distress and sickness.

PUBLIC BENEFIT STATEMENT

The charity has complied with its duty as a charity and has throughout the year publicised the information and support that is available to the community in Rhayader and District.

FINANCIAL REVIEW

Total Income in the year was £446,108 compared to £334,112 in 2024. Expenditure increased in the year to £472,279 compared to £416,859 in 2024.

Net expenditure for the year was £26,171 compared to Net expenditure of £82,747 for the previous year. The net movement in funds was net income for Restricted Funds of £11,484 (2024 – net expenditure £8,866) and net expenditure for Unrestricted Funds of £37,585 (2024 – net expenditure £73,881). A detailed breakdown of Income and Expenditure is provided in the notes to the Financial statements.

Reserves Policy

The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets, or held in designated funds, (‘the free reserves’) held by the Charity should be approximately six months of unrestricted resources expended which is estimated at approximately £150,000 (2024 - £150,000). At this level the Trustees feel they would be able to continue the current activities of the Charity in the event of a significant drop in funding. The actual free reserves at 31 March 2025 were £81,875 (2024 – £118,401).

PLANS FOR THE FUTURE

ACHIEVEMENTS AND PERFORMANCE

Strategic Highlights

Co-Chair’s Report

2024-25 marked our first full year as Co-Chairs of Rhayader and District Community Support (RDCS).

During the year we continued reviewing systems, processes and ways of effective working across the organisation and started to implement changes to strengthen Governance, Safety, Transparency, Accountability, Compliance and Financial Viability. We prioritised the focus of our activity according to need and risk and in September 2024, Staff and Trustees considered the RDCS constitution and confirmed that the core purpose remained relevant.

We also worked together to develop and put in place a new Organisational Structure and lines of Accountability, and began the creation of a new Health & Safety and HR Management system in order to continuously ensure that all legal and obligatory requirements are addressed and adhered to. An external contract with Peninsula was implemented in order to provide Human Resources expertise.

2

RHAYADER & DISTRICT COMMUNITY SUPPORT

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

Chair’s Report (Continued)

Support for our Nursery Managers towards autonomy for finances and operational decisions was instigated, and routine monitoring of overall RDCS services and grant awards was strengthened.

Our Board of Trustees continued to meet quarterly throughout the year, and following a small campaign we recruited Stephen Lawrence and co-opted Pricilla Toop. A warm welcome to both and we look forward to developing and increasing this strategic team over the next Financial Year. Jon Matthews was voted Treasurer. If you or anyone you know would like to join us as RDCS Trustees, please do call The Arches office to register your interest.

We have made progress, but there remains much to be done to improve our financial situation and to ensure that Rhayader & District Community Support is able to continue supporting our community well into the future. The Impact Reports of each RDCS Department in this document highlights the outstanding work being done, along with the importance of our services and the need for their continuation, and as we look ahead our focus remains on delivering positive health & wellbeing change for all Rhayader & District Residents.

Finally, we pay tribute to our fellow Trustees and amazing Staff for their commitment and dedication to providing our services throughout the year, and applaud our incredible Volunteers who helped us effectively deliver our Community Transport services, Memory Lane social group, Community Shop & Community Events – indeed all of the Volunteers helping in our Community. You are the unsung heroes of Rhayader and a sincere thank you to all for your time and efforts.

Operating Highlights

SMT Report

It was another eventful year at Rhayader & District Community Supports’ Community Nursery and The Arches hub!

The Nursery went from strength to strength, providing quality childcare for local families in the beautiful surroundings of Bryntirion Primary School, and The Arches (West Street) continued the ongoing efforts to enhance and improve health & wellbeing for everyone in our Community.

The creation of a Summer House at the Nursery enhanced the outdoor activities for the children, providing an ideal purpose-built space to encourage physical exercise and promote being out and about in the fresh air. With our brilliant Nursery staff working hard to create a safe, nurturing and comfortable environment we are proud to be able to offer this service for our Community.

We started to bring back IT solutions in-house at The Arches, recognising the skills our Staff members already have in order to create and maintain new platforms and processes. Transport Monitoring systems for auditing purposes were re-introduced along with the launch of Google Workspace which has improved the efficiency and effectiveness of administering our projects. We began going “paperless”, and introduced a new staff communications and calendar system and are working towards more ways of improving the “back-end” of our operations to enable the smooth running of all of our services.

Highlights of the Year included Excellence in Health & Wellbeing nominations of our Community Shop Volunteers & and Community Car Volunteer Drivers to the PAVO Volunteer Of The Year Awards. During a ceremony in June 2024 our Shop Volunteers were awarded a Finalist certificate, with our team of Community Car Volunteers winning the Category – well done to all!

We were also awarded Rhayader Carnival Best Dressed Window in July – 2nd place! Well done to new member of staff Sarah Rowe for her fantastic creative efforts, great result! Sarah joined The Arches Team in April, with May seeing the return of Ali Thomas. We were able to offer our Foodbank Officer Tim Hay more hours to develop our wellbeing offer, along with increasing Shop Coordinator hours for Jane Davies. We were very sad to have Norman Lampard retire from Dial A Ride driving in December, but were happy to have Bob Williams join us as Normans’ replacement in January. Katie Pugh continued to process our Accounts, with Julie Davies coordinating our Volunteer Bureau. Emily Price and Sharon Morris continued to manage the Nursery, and we said goodbye to Lawrence Gellor in February and wish him well for the future.

Along with our Volunteers, The Arches and Nursery Staff are the “core” of everything we do. Hard working, compassionate, willing and committed – the dedication to their jobs in providing the services we offer is hugely appreciated and valued. We will continue to go from strength to strength.

3

RHAYADER & DISTRICT COMMUNITY SUPPORT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

LEGAL AND ADMINISTRATION

Legal and administration details are given on page 1.

GOVERNING DOCUMENT

Rhayader and District Community Support is a company limited by guarantee and a registered Charity governed by its Memorandum and Articles of Association. The governing body of the charity is known as the board of directors (trustees). Under those Articles of Association, the board of directors are elected annually by the members of the Charitable Company attending the Annual General Meeting. The board elects from itself a chair, Vice chair, Secretary and treasurer at the first meeting following the Annual General Meeting.

ORGANISATION

The Trustees administer the charity with the assistance of the Manager appointed by the Trustees who manages the day-to-day operations of the Charity.

RISK REVIEW

The Trustees have conducted their own review of the major risks to which the Charity is exposed and systems have been established to mitigate those risks. These procedures are periodically reviewed to ensure they still meet the needs of the Charity.

TRUSTEES’ RESPONSIBILITIES

The Trustees, (who are also directors of Rhayader & District Community Support for the purposes of company law) are responsible for preparing the Trustees’ Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these Financial Statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Report of the Trustees has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 2015) and in accordance with special provisions of Part 15 to the Companies Act 2006 relating to small companies.

Approved by the Trustees on 25 November 2025 and signed on their behalf by:

Jacqueline Davies Co-Chair

Patricia Buchan Co-Chair

4

RHAYADER & DISTRICT COMMUNITY SUPPORT

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF RHAYADER & DISTRICT COMMUNITY SUPPORT

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company’s accounts carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the ICAEW (the Institute of Chartered Accountants in England and Wales).

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me reasonable cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; and

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters to which your attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

A C Jones BSc (Econ) FCA Andrew Jones & Co Chartered Accountants The Old surgery Spa Road Llandrindod Wells Powys LD1 5EY

26 November 2025

5

RHAYADER & DISTRICT COMMUNITY SUPPORT

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

INCOME
Note
Donations and Legacies
Charitable Activities
Other Trading Activities
Investment Income
TOTAL INCOME
2
EXPENDITURE
Charitables Activities
TOTAL EXPENDITURE
3
NET INCOME/(EXPENDITURE)
BEFORE TRANSFERS
Transfer Between Funds
5
NET INCOME/(EXPENDITURE) AND NET
MOVEMENT IN FUNDS FOR THE YEAR
Total Funds Brought Forward
Total Funds Carried Forward		 Unrestricted
Funds
£
6,375
241,485
29,998
2,793
280,651

306,148
306,148

(25,497)
(12,088)

(37,585)
168,352
130,767		 Restricted
Funds
£

1,337

164,120

-

-

165,457



166,061

166,061



(604)

12,088



11,484

317,621

329,105		 Total
Funds
Year Ended
31/3/2025
£

7,712

405,605

29,998

2,793

446,108



472,209

472,209



(26,101)

-



(26,101)

485,973

459,872		 Total
Funds
Year Ended
31/3/2024
£

5,666

301,421

24,661

2,364

334,112


416,859

416,859


(82,747)

-


(82,747)

568,720

485,973

The statement of financial activities includes all gains and losses recognised in the year.

All incoming resources and resources expended derive from continuing activities.

The notes on pages 8 to 15 form an integral part of these Financial Statements.

6

RHAYADER & DISTRICT COMMUNITY SUPPORT

BALANCE SHEET AT 31 MARCH 2025

FIXED ASSETS
Note
Intangible Assets
6
Tangible Assets
7
CURRENT ASSETS
Debtors
8
Cash at Bank and In Hand
CURRENT LIABILITIES
Creditors Amount Falling Due Within One Year
9
NET CURRENT ASSETS
TOTAL ASSETS
THE FUNDS OF THE CHARITY
Unrestricted Income Funds:
General Funds
Designated Funds
Unrestricted Funds
10
Restricted Funds
11
TOTAL FUNDS		 2025
£
£
986
309,598
310,584
13,670
150,517
164,187
(14,899)
149,288
459,872
110,767
20,000

130,767
329,105
459,872		 2024
£
£

1,480

319,743

321,223
19,934
170,962
190,896
(26,146)

164,750

485,973
148,352
20,000


168,352

317,621

485,973		 2024
£
£

1,480

319,743

321,223
19,934
170,962
190,896
(26,146)

164,750

485,973
148,352
20,000


168,352

317,621

485,973



485,973

For the year in question, the charitable company was entitled to exemption from an audit under section 477 of the Companies Act 2006.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of the accounts.

Approved by the Trustees on 25 November 2025 and signed on their behalf by:

Jacqueline Davies Co-Chair

Patricia Buchan Co-Chair

The notes on pages 8 to 15 form an integral part of these Financial Statements

7

RHAYADER & DISTRICT COMMUNITY SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES

Basis of Preparation

The Financial Statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Companies Act 2006. The charity is not required to prepare a Statement of Cash Flows.

The charity constitutes a public benefit entity as defined by FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Preparation of Accounts on a Going Concern Basis

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

Exemption from Preparing a Cash Flow Statement

The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Incoming Resources

Incoming resources including capital grants for the purchase of fixed assets are included in full in the Statement of Financial Activities when these are receivable.

Income represents amounts receivable in the year for income for donations, grants, therapy receipt donations, fund-raising, subscriptions including life memberships and interest received.

Incoming resources in the form of donated assets have been included in the Income and Expenditure Account at a reasonable estimate of their value and capitalised where appropriate.

Resources Expended

Resources expended are accounted for on an accruals basis inclusive of VAT which cannot be recovered. Expenditure is directly attributable to specific activities and has been included in cost categories of costs of generating funds, charitable expenditure provision of hospice and governance of the Charity. Where costs cannot be directly attributed to these categories in respect of administration expenses, it is estimated based on activity levels that 90% of these costs are attributable to direct charitable expenditure and 10% to governance.

Intangible Assets

Amortisation has been provided on Intangible Assets to write off the costs of Website costs over its estimated useful life of 5 years

Tangible Fixed Assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Freehold Property 0% on cost (previously 1% on cost) Leasehold Property 5.263% on remaining cost (previously 1% on cost) Equipment 10% on cost Computer Equipment 25% on cost Motor Vehicles 25% reducing balance (previously 25% on cost)

No depreciation has been provided for on the Freehold Property as the residual value is considered to be at least equal to its carrying value in the Financial Statements.

The rate of depreciation of the Leasehold Property was changed in the year ended 31 March 2019 to 5.263% to write off the cost over the remaining term of the lease of the land which is for 25 years from 2012.

8

RHAYADER & DISTRICT COMMUNITY SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

ACCOUNTING POLICIES (CONTINUED)

Voluntary Help and Gifts in Kind

No value has been put on the voluntary help received during the year. There are also numerous small gifts that cannot be quantified.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

Cash at Bank and in Hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and Provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Accounting for Separate Funds

The financial statements of a charity must differentiate between restricted and unrestricted funds.

Restricted funds are funds subject to specific conditions, imposed by the donor or by the specific terms of the charity appeal less amounts expended for these purposes. Designated funds are income funds of the Charity which have been set aside for specific purposes, less amounts expended for these purposes. Unrestricted funds are all the other funds of the charity.

Pensions

The charity operates a defined contribution pension scheme for its employees. The assets of this scheme are held separately from those of the charity, being invested with insurance companies. Pension costs charged in the Statement of Financial Activities disclosed in note 5 represent contributions payable by the charity in the year.

9

RHAYADER & DISTRICT COMMUNITY SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2 INCOME
Donations and Legacies:
Donations
Membership Fees
Legacy
Income from Charitable Activities:
Grants Receivable
Transport Fares
WAST
Nursery Income
Other Trading Activities:
Shop Income
Room Hire and Refreshments
Rent Received
Activities
Insurance Claim
Sundry Income
Fundraising Income
Investment Income:
Interest Received
TOTAL INCOME
GRANTS
Grants received in the year were as under:
Powys County Council
PAVO
National Lottery Community Fund
Community Foundation In Wales
Social Value Forum (PAVO)
Co-op
Bryntitly
Moondance Foundation
Arnold Clark
Garfield Weston		 Unrestricted
Funds
£
4,698
1,677
-
6,375

19,153
12,381
10,751
199,200
241,485

25,914
298
-
754
-
2,386
646
29,998

2,793
2,793
280,651
Unrestricted
Funds
£
4,153
-
-
-
-
5,000
-
-
-
10,000
19,153		 Restricted
Funds
£
1,337
-
-
1,337


164,120
-
-
-
164,120


-
-
-
-
-
-
-
-


-
-
165,457
Restricted
Funds
£
25,530
9,583
72,247
10,000
11,971
500
1,733
32,056
500
-
164,120		 Total Funds
Year Ended
31/3/2025
£
6,035
1,677
-
7,712


183,273
12,381
10,751
199,200
405,605


25,914
298
-
754
-
2,386
646
29,998


2,793
2,793
446,108
Year Ended
31/3/2025
£
29,683
9,583
72,247
10,000
11,971
5,500
1,733
32,056
500
10,000
183,273		 Total Funds
Year Ended
31/3/2024
£
4,199
1,467
-
5,666

94,547
9,608
13,502
183,764
301,421

16,802
631
673
1,049
2,246
785
2,475
24,661

2,364
2,364
334,112
Year Ended
31/3/2024
£
31,914
5,351
38,206
10,000
7,981
1,095
-
-
-
-
94,547

10

RHAYADER & DISTRICT COMMUNITY SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

EXPENDITURE
Costs Directly Allocated to Charitable Activities:
Salaries, National Insurance and Pension
Staff Training
Volunteer Driver Expenses
Shed Rental and Costs
Water Rates
Insurances
Light and Heat
Cleaning Costs
Repairs and Maintenance
Office Costs
Advertising and Website Fees
Telephone and Internet
Activities
Shop Expenditure
Vehicle Expenses
Legal and Professional
Human Resource Cost
Payroll and Bookkeeping Services
Waste Disposal Costs
Sundry Expenses
Refreshments
Nursery Consumables etc
Subscriptions and Licences
Depreciation and Amortisation
Governance Costs (See Below)
Analysis of Governance Costs:
Administrative Salaries
Light and Heat
Office Costs
Telephone and Internet
Accountancy
Independent Examiner's Fee		 Unrestricted
Funds
£
241,403
222
11,461
540
666
4,528
8,502
3,410
6,505
214
595
4,899
45
733
1,151
4,211
-
1,530
928
994
6,292
105
315
2,032
4,867
306,148

-
999
24
544
2,940
360
4,867		 Restricted
Funds
£

110,897

2,200

-

-

-

-

4,135

-

-

10,879

1,500

-

8,696

-

6,538

750

-

-

-

-

497

1,957

131

13,792

4,089

166,061



2,475

405

1,209

-

-

-

4,089		 Total
Funds
Year Ended
31/3/2025
£

352,300

2,422

11,461

540

666

4,528

12,637

3,410

6,505

11,093

2,095

4,899

8,741

733

7,689

4,961

-

1,530

928

994

6,789

2,062

446

15,824

8,956

472,209



2,475

1,404

1,233

544

2,940

360

8,956		 Total
Funds
Year Ended
31/3/2024
£

293,718

856

11,011

540

477

4,089

8,518

1,480

10,446

15,356

1,682

3,290

7,403

186

8,508

546

14,100

1,483

1,028

782

6,555

2,713

388

13,343

8,361

416,859


2,343

946

1,706

366

2,640

360

8,361

3 EXPENDITURE

11

RHAYADER & DISTRICT COMMUNITY SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

4 STAFF COSTS
Wages and Salaries
Employers National Insurance
Staff Pension Costs
Average Number of Employees
5 TRANSFER BETWEEN FUNDS
The Transfer Between Funds In The Year Are:
Transfer of Unrestricted Funds to Restricted Funds
Transfer of Core costs from Unrestricted Funds to Restricted Funds
6 INTANGIBLE ASSETS
Cost
At 1 April 2024
Additions
At 31 March 2025
Amortisation
At 1 April 2024
Charge for the year
At 31 March 2025
Net Book Value
At 31 March 2025
At 31 March 2024		 2025
£
332,893
16,322
4,827
354,042
20
Unrestricted
Funds
£
(12,000)
(88)
(12,088)

Website
£
4,339
-
4,339

2,859
494
3,353

986
1,480		 2024
£

281,431

10,767

3,863

296,061

17
Restricted
Funds
£

12,000

88

12,088

Total
£

4,339

-

4,339


2,859

494

3,353


986

1,480

12

RHAYADER & DISTRICT COMMUNITY SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

7 TANGIBLE ASSETS
Freehold &
Leasehold
Property
£
Cost or Revaluation
At 1 April 2024
381,717
Additions
-
At 31 March 2025
381,717

Depreciation
At 1 April 2024
92,606
Charge for the year
8,064
At 31 March 2025
100,670

Net Book Value
At 31 March 2025
281,047
At 31 March 2024
289,111

8 DEBTORS
Other Debtors
Prepayments
Tax and Social Security Costs

9 CREDITORS: Amounts falling due within one year
Other Creditors
Accruals
Provision
Tax and Social Security Costs
 Equipment
£

60,111

3,314

63,425



44,147

2,720

46,867



16,558

15,964




Computer
Equipment
£

36,208

1,871

38,079



34,292

1,358

35,650



2,429

1,916



Motor
Vehicles
£

55,526

-

55,526



42,774

3,188

45,962



9,564

12,752


2025
£
9,441
4,211
18
13,670


2025
£
11,524
3,375
-
-
14,899		 Total
£

533,562

5,185

538,747


213,819

15,330

229,149


309,598

319,743

2024
£

16,279

3,655

-

19,934

2024
£

5,067

3,075

14,100

3,904

26,146

13

RHAYADER & DISTRICT COMMUNITY SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

10 UNRESTRICTED FUNDS
Unrestricted Funds:
General Funds
Designated Funds:
Refurbishments Fund
Total Unrestricted Funds
11 RESTRICTED FUNDS
Restricted Income Funds:
Food Bank
Social Value Forum (PAVO)
NLCF - Awards For All
NLCF - Cost of Living
NLCF - Community Hub
Community Transport
Volunteer Centre
Nursery Capital Grant
Nursery
Memory Lane
PCC - Warm Spaces
Moondance
CF in Wales
Restricted Capital Funds:
Building Fund
Nursery Fund
Arches Alterations
Transport Fund Appeal
Groundworks UK - Artificial Grass
NLCF - Minibus
NLCF - Laptop
NLCF - Trishaw
Sobell - Trishaw
Sobell - Chromebook and Camera
Website
PCC - Nursery 2024
PCC - Nursery 2025
PCC - Ipad's
Total Restricted Funds		 At 1/4/2024
£
148,352
20,000
168,352

At 1/4/2024
£
16,846
1,588
7,915
-
-
-
-
-
-
-
-
-
-
26,349
162,027
100,440
2,590
5,877
428
5,812
113
7,000
1,220
149
1,480
4,136
-
-
291,272
317,621		 Income
£
280,651
-
280,651


Income
£
10,732
11,971
-
32,133
40,114
11,972
7,983
5,258
1,258
1,000
980
32,056
10,000
165,457
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
165,457		 Expenditure
£

(306,148)

-

(306,148)


Expenditure
£

(6,415)

(13,559)

(7,915)

(32,133)

(40,114)

(11,972)

(3,977)

(830)

(1,258)

(1,088)

(980)

(22,028)

(10,000)

(152,269)
-
(7,726)
-
(1,469)
(108)
(1,453)
(113)
(1,000)
(174)
(149)
(494)
(551)
(331)
(224)
(13,792)
(166,061)
Transfers
£

(12,088)

-

(12,088)



Transfers
£

-

-

-

-

-

-

-

(4,212)

-

88

-

12,000

-

7,876
-
-
-
-
-
-
-
-
-
-
-
-
3,314
898
4,212
12,088		 At 31/3/2025
£
110,767
20,000
130,767

At 31/3/2025
£
21,163
-
-
-
-
-
4,006
216
-
-
-
22,028
-
47,413
162,027
92,714
2,590
4,408
320
4,359
-
6,000
1,046
-
986
3,585
2,983
674
281,692
329,105

The purposes of Restricted Capital Funds are for expenditure on Tangible Fixed Assets as detailed above.

14

RHAYADER & DISTRICT COMMUNITY SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

The purposes of Restricted Income Funds are:

Food Bank - funding and donations for the food bank.

Social Value Forum (PAVO) - funding for informal volunteering.

National Lottery Community Fund - Awards For All – funding for a wellbeing officer.

National Lottery Community Fund - Cost of Living – funding for salaries.

National Lottery Community Fund - People and Places – funding for community hub.

Community Transport – funding for community transport.

Volunteer Centre - funding for volunteer coordinator post.

Nursery Capital Grant - funding for equipment and repairs to the garden.

Bryntitli Nursery - funding towards nursery expenditure..

Memory Lane - funding for memory lane project.

PCC (Warm Spaces) - for warm hub work. Funding for heating, refreshments and the foodbank.

Moondance - funding for IT, shop staff, social media and administration.

Community Foundation in Wales - funding to support cost of living rises.

12 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted Funds
Designated Funds
Restricted Funds		 Intangible
Fixed
Assets
986
-
-
986		 Tangible
Fixed
Assets
£

27,906

-

281,692

309,598		 Net
Current
Assets
£

81,875

20,000

47,413

149,288		 Total
£

110,767

20,000

329,105

459,872

13 TRUSTEES REMUNERATION AND EXPENSES

No remuneration directly or indirectly out of the funds of the Charity was paid or payable in the year to any Trustee or to any person or persons known to be connected with any of them.

No Trustees were reimbursed in the year for costs incurred in attending meetings and expenses incurred for volunteer work (2024 - One Trustee was paid £4,279 for volunteer expenses).

14 TAXATION

The company is registered as a charity and is therefore not liable to Corporation Tax.

15