REGISTERED COMPANY NUMBER: •4713045 (EAglaDd and We$) REGL%fERED CHAiirrY NUMBER: 1115943 ulJ&l¥b 011 Business Centre M¢rthyT Tydfil CF48 IDL
TALBOT CO CONTENTS OF THE FOR THE YEA JJ STATEME I MARCH 21121 Report tyfthe Te¢S I to 3 Independe•t ExnIner'S Report ststeMeTht of FIn¢11 A¢dvld¢¥ Bal•n¢¢ Sh¢¢t Notes to tbt Ststemtnts 7 to IS Detlled Stieme•t ofFknaTr¢knl Athld 16 to 17
TALBOT COM REPORT FOR THE YEAR EI¥DED I MARCH 2•21 The trlletS who are a]ao deths of th¢ charity for the purp)w of tb¢ Compani&s Aci 2(K16, present their rep)rt with tb¢ filla0cl ststements of the clwity foT the year entsj 31 Mawh 2021. The ttwstees bave adopted the provisions of Aecounts"ng aThJ Rep(xtiThg by ChaTiti&%.. Statement of RernMended Pra¢u"ce applicable to ¢haritie5 prepaTiD8 their accounts accordance with th¢ Finanei81 Rermxtng Starthtd applicable in the UK gttd Republi¢ of Irel8Tkd IFRS 1011 {effeetive l Januy 2019). The Tnte¢ R¢port iDclude8 the Ret of theDJre¢Th' u requwed by compony law. OWECTtVES AND AcfiviTILS Objeetlves and Alms Th¢ objects of the charity 8re'. l. To promote for th¢ benefit of the inhabitants of Kenfig Hill and its nelbOU without distiTKtion of sex, stxull Orientatio race. or of pol]'tiol. or (th opiniotsby as18118 iog¢tber the said iDhabitsnts and the Ioc81 authorities, advance education and to provth facilitses in the interest of s¢xiAI welfare for TttaOn at¥J leiyur¢ time ottupatson with the object of iTnprovitig the cothlitkons of kn'fe for thc stiid lIants. 2. To secure the maintenaTK¢ of d¢vel0prnC of a commuDity re and to equip amattage the same {wh¢th¢r alone or in Ctrokxration with a local authon'ry orother person orbody). 3. To promote such other thritabl¢ as may from ¢iuK tune b¢ derri the Charity shall be tton.p and non-s¢¢tsTi8n in lIgIon. Publlc benellt The Trustees are Jw8re the CTharity has o rwibility under the Chan"ti¢s Art to demorLStr&te th&t it has ch8ritsbl¢ ainLA thot meet the public ben¢fit rtyutremeni knd hTe therefoye ch#n"t8ble. The Trustetl confirni that th¢y have had re8ard to the Chon"ty Commission's guidttnce OD public benefit aDd eomply with S17 Chan'ties A¢t 2011 wh¢n considering, planning Ind impltmenttn8 the actiwtiu of the eharity. As T1¢¢5, w¢ believe thit the aims of our organisation ire thArirable and for the public I11. Fwtherrn(, in our vi¢w. no detritiKtll or hoyln arises from our Charity ¢4rryinB out its work and we ve Th)t avnre of any Withspr¢ view8 atry)n8 oth5 that Sh detriment or h might ar]8e. ACHIEVEMENT AND PERFORMANCE Charltabk a¢tlvitl li's been a tumuitUOU8 time for us ]Ne ai c¢ntre sitice the t8 of the pandenll'c, havmg to ma8¢ sornctim¢s daily clwi8e$ io risk eSsMentS to 5er4i¢e users and stsff safe from Covid-19 and to ¢nsure eompliance to whatcvcr w&$ current I¢S1at]I)n. Many of our erS have affccd by the pMnd¢miq with rcstrictions OJJ vs as a cenire and them persona]ly with th"r own a¢tiwiti¢s. 50rne of which remain today aT41 imphcted Immje1Y on th¢ ¢umt provision within th¢ centr¢. We've been very fortUnr with the positive resp> to gr8nt 4pplicoti0D8 durin8 this period having been supported through these pnwses by Bndgend Asswi8ti0n of Volurttsry Organis8tions. (BAVO). which cnablcd us to deliver an ¢xcmplar 'Trot meal. service to thiw mote vUlEIe witbiD ow commutte$ at a time of De¢d for this servirE, And without the d]cation Of a rnft of vohmtem in tbis tim4 would have been UrChIeVable, and they need to tyc We have utilised the oppothwity to eDsure that 811 saf¢gwrth'ng liCI. and employment governance have been bmugbi up to daK th¢ bw'ldiD8 itseif btDught up to comtla1 Ixll"Idmg regulations and a cotttplete refresb intemalty. We remain a COT1 in th¢ commvnty cven in tsmes of greA uncertainty and we App¢]e sllpwbrt that we get froTn our m¢mb¢r& trusttts and thi"Td sector partrrs. We t ah¥ays 8thiD8 new and volunteu5 ¢onsisteN¢ly review the offeravailable to r&8tdents.
ALBOT COPdMUNITY CENTrE REPORT OF THE TRUSTEFS YEAR ENDED 31 MARCH 2021 FINANCIAL REVIEW Reserves polity F¢ reseNe5 bave been Sed over this financial period kn fijnd essential stsffi •KI n]nning costs of the ¢¢ntre. At the 31st March 2021 free SerVeS w¢r¢ £33,41212020..£25,791). STRucrU GOVERNANCE AIYD MANACEMEKr GovernlnE doeumertt Th¢ ¢han"ty is controlled by its governiD8 {krn a d¢¢d of w aDd consts"tslles a limited company. lirnittsj by 84]arantee. as defined by th¢ Comp.¢$ A¢1 2{. Rttrnltment #nd AppolttlmeTht of Dew trn$t¢ New TNstees musi be iDter¥icwcd by thc cutrtnt Bwd of Tn¥tees and if appointe41 •xe itsfornied of thcir Ic8al obligations und¢r ¢lLarity law, the thIon makin8 pr(ess and thc bu5incs5 plan and recrnt fJnanci8] perforn)anc¢ of the ehan'ty. The ¢barity aimj to Te¢TUrt pp)pk who can offer a ran8e of 8kn.lls for example ptssoDn¢l. trthiD& finznc¢ ¢tr. Ory•ntsatloDAI Strucre The TnLStee Board is rD&d¢ up of six StakeholderB of the village YepTesentin8 a eTOM seeti¢)n of lot41 int¢rests skills. The quanlln n¢ce8sary foT th¢ tr4rw¢uon of busiDess of the Board is 3 or 5W.. thc maKimurn number of BoaTd members is 9 and not le&8 than 3. Up tts three t¢TJQD5 may be ¢4H)Pted one Annual (lenernl Meeting and the next. Annual G¢D¢f8J M¢¢tings will b¢ held 8S S(th pral¢able after the year ended 31st M81 Tw¢llty onc days notice is given for the Attn81 Genuai Medin8. REFERENCE AND ADMINISTRATIVE DETAILS ReRlstered Company rtumbtr 04713045 (England and W&les} Reglgtered Chrlty nllmber 1115941 R¢gtst¢red t)fflce 9 Prince Road KMfig Hill Brid8end Mid Glamorga CF33 6ED Trnste Councillor A John E Harnian J M W¢bb¢r Cow)¢illor J A Gebbi¢ Chair G E Hewitt {appotntsd 1.5.21) Independent Examlmer Baker K[Yle Charter&l Accounlaots Orbit Busthes5 Centrr Merthyr Tydfil CF48 IDL B•nkers Lloyds Bank Pl¢. Approvedby oYd¢r of the bottrd Of$n on 24 Janu&ry 2022 and sigmlon its beholf by..
REPORT F THE TRusfE FOR THE YEAR ENDED 31 MARCH 2021 C¢)uncillor J A G¢bbi¢- Tn
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEFS OF IRdepeTrdent eXanDer'S report ¢• the trmteu of Ttb•t CoJDm4nhy CeDtre fthe Comp•py? I rewt to the charity trustees ijn my exarni of the accrmllts of the CoD]pany for th¢ year entsl 31 Marth 211. Responslbllltkg Dd basls of report A5 the clwitys trust of th¢ COrnpa (and a]so its directOf5 for th¢ PUTWW of ry)mp8Dy law) you ar¢ resFKTrwibk foy the preparation of the accounts in aLxord8tKe with the requiremts of the Companies Ad 21YJ6 Cthe 2LM)6 Act). Having Satisfi myself that the a¢ts of the Comt•ny are not rwiir&J to be wd11 undu P8rt 16 of th¢ 21N)6 Act atxl are ellble for it)depettht ex8tll I ryn in res of DIY examilon of your charitys accoullts as callicd out under section 145 of the Charitses Aa 2011 2011 Acf). In ¢anying out my examinati.on I have follow the Directions given by the cFlty CoiDD]iSSiOD UDder lon 145(5) (b) of the 2011 ACL Independent exaMIn'S $tstetDut I have completed my exwnination. I that no matters have cimne lo my attention in connertion with examination givin¥ m¢ oy8¢ to bdi¢v¢: aOnting rerdS w¢r¢ not kqyt te4pxt of & CompAny as rtyuired by 8Ktion 386 of th¢ 2(K)6 or the aeeounts do not aceord with those records" or the (OniS do noi MplY with the aoUnn8 requwCm of se¢tioD 396 of the 2( Act other than requiT¢ment that th¢ t¢wunts giv¢ a tye •Dd fair view which i# not a rnatteT ernyidered ay p#rt of an LDdependeni ex&minatiott' or the accounts have T¢ bn preF411 in 8CCQTdanc¢ with the mdh(rf18 aThl prÉncwl¢y of the Stat¢m¢nt of R¢¢ommended Ptte¢ for accounting and reporting by charities (spplicable to chaTitits preparing their accounts in occordathce with the Fin&ncth] Rep18 Sthmlard applicable in the UK a1 Republic olIte]aDd (FRS 102)). I hav¢ no wDcerns and have come acwoss no other ttwttets in conn0 with the eXaMition w which alleniion shoul be drawrt in thi8 report in older h) elble a proper of the xcounts to be [ched. Ri¢hgTd Knoyl¢ ACA Baker Knoyle Chartered Accoutttants Orbii BusiD¢SS Centre MerthyrTydfil CF48 IDL 24 JallU 2022
ALBOT STATEMENf OF FtNANCIAL Acrivr KATING AN INCOME ATrID EXPEP4DITURE ACCO 2W21 Total 2020 Totsl fijnds fijnds INCOME AND ENDOWMENTS FROM Donations ll1 legacie5 34.158 21.678 55,836 9.986 Othet ts8din8 a¢tiviti&q Investsnent income 34.152 34,152 49.096 Totsl 68.312 21.678 89.W) 59,082 EXPENDITIJRE ON Cbrltabk lctivll Community Cenire A¢tiviti¢s 65.735 15.431 81,166 58.604 NET INCOME 1577 6247 478 TrAwf¢n b¢tw¢en fuDd# 13 1585 (2.585) Net rnoweJD•t ID S.162 8.824 478 RECONCILIATIOiY OF FUNDS Ttstl f¥nd¥ brtsllt fonnrd 105,772 87.893 193,665 193,187 TOTAL FUNDS CARRIED FORWARD 110.934 91,555 202.489 193,665
TAL MM BALANCE SHEE 31 {ARCH 2021 2021 2020 Notes FIXED ASSEIS TÈngible a55ets 161830 167,873 CURRENT ETs Siocks Ca8h at bank and in ld io 2(ffJ 46.601 150 36.662 46.810 36,812 CREDITORS Amounts fallin8 within one year (7,151) (11,0201 NET CURRENT ETs 39.659 25,792 TOTAL A&8ETS LESS CURRENT LIABILITIES 201489 193.665 NET ASSETS 201489 193,665 FUNDS 13 Unrestricted funds Re8th¢ted fimds 110,934 91J55 105.772 87,893 TOTAL FUNDS 202,489 193.665 The charitable compJDy k3 en¢ided to exempts1 from audit UDder sectt.on 477 of the CoDWiU Act 2( for the ye ended 31 March 2021. The m¢mbets have not requi1 the Company to obtsitt an of its finwial $w¢m¢nts for th¢ y¢8r end¢d 31 Mah 2021 in Cord9Ce with Section 476 of the c1¢$ Ad 2(. The In&%iee8 Acknowled8e their wibiliiies for (A} ensunng thai the chan"¢able company keeps TaOWltm8 recorth th&t comply with Sectsons 386 and 387 of Companies Act 21M)6 and preparing financial ststements which give a tN¢ aTrJ fw'r view of the state of affw'Tr of the charitable company as at the end of each financÉa] year atKI of tts surplus or deficit for each financial year in accordance with the rquirements of Sections 394 and 395 and which otherwi8e comply with the rtyuir¢m¢nL8 of the Comp8ni¢s Aot 21Mkn re1lAS to financial sthtementy 80 far &8 applicthle the chamtsble CoMpy. (b) The$e financial ststements bave been werAral ID acc4)rd with the prnYi%i0tt4 4)plieable to charitable cornpatii subject to the &ll conwies reglllle. The fiDzncial statements were approved by the Board of and for iwc LKL 24 January 2022 and we Signed on its bd[f by.. J A Gebbie- Tn1¢¢ Page 6
TALBOT COMMUNITY OTL8 TO ThE FINANCIAL ATE FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES Basts of preritte the fiDnC1 sttements The financth] st8trments of the cljaritable cOmY. whith is a public beefit entity under FRS 102. h&ve be Prep1 in aecordawe wyth the Chan"ti&s SORP (FRS 102) 'Accounting and Re[lg by Charitics.. Statcrnetyt of Rccornllcd Pr8cti(x applicable chan"u&8 preparlng their accounts in Xcordan with the Fin8nciil Reporting Srattdard applic4bl¢ the UK and Republic of Ireland (FRS 102) leff#tive l January 2019T, Financia] Re>rtill8 Standard 102 Tr Fin8rKial Reponmg Sthll¢JHrd apphcable in the UK and Republic or Ircland and the Companies Act 2. The finaDcio1 5th¢eMeE have been prepared utrJeJ the historical ¢0 onv¢ntion. Fthan¢lal reporthii Ittsdd 102. redll¢ed d15cloA exempdo The ¢han"tsble company has taken adYanta8¢ of th¢ following disclosuff exempu.ons in preparirt8 these finaneial $tatem¢nt$. a5 P¢mitd by FRS 102 Tr Rew)rtsn8 Stsndard applithle ID th¢ UK and Republic 9f Ireld,. the rtquirernents of Se¢ts'oD 7 steMe of Cash Flows. Income All incom¢ is in the Statement of knivities onee the chvity tTtlement to the fvnd8, 11 is probable the will be t¢ceived WHI th¢ amounl c4n be Measu Teliably. Th¢ following sp¢cific poli¢i¢8 e apptied.. Voluntary Income Income rrx¢iv¢d by way of granty 8Jfts or thnats.on is includeA in full on reKeiM unl¢J5 il is subject to a condition when it is treated zs defur¢d inwne. Deferred lrycom¢ Income or grdnts ¢1Ya in fAv4rK¢ are held as defe irKome and carried fopward to ffijtsjre aceounti periods to be releL8ed when the defined of th¢ WO or projeci have been complthd, approved or ¢¢rIed Glfts in klnd Gifts ill kjnd 4r¢ I1]ed in the attd exTrndIre eount wh¢r¢ th¢y are applied in callying out charitsble activities. wh¢r¢ the cornpany would othenvise have to ph the thnated facility and the benefit L% both quanlifiable aDd rnatcriai. The quantif1¢ beD¢fit is shown Is tM)th in¢omillg aod expended resource within the appropriate funiLs. WhEre the Bift is an asset it L5 treated itwnr and tsken to sknck or fixed assets as Invethnent Imcome Invesm)eni incA)me ig included when rtteFvthIe. TradlDg lueoD Expenditure Liabilitie5 are recogDised as ExndItU soon thcrc is a Icyl CODsIVe ob]i8atioD cornmitting tbc charity to that expenditur¢ 11 15 probablc that 8 of ecoDOmiC bthcfits will be requtred in settlement and the amowit of th¢ obligation ¢aD b¢ mwura reliably. EX'tle is acc4)unted for on a¢¢rna15 basis alld h15 been classified under headings that a8gregate all co%t related to the c480ry. Nvhere costs cannot FK dirtttty 8ttributed to particular headmgs have 91kted to tiVItieS on 8 basis eorristent with the use irf Page 7
TALBOT COMMUNITY CE TO THE FINANCIAL STATEMENTS. coBIi FOR THE YEAR ENDED IMAR ACCOUNTING POLICIES. e4Mtinllal Tinglble fixed wets Depreciarioll is provided at the folltsry ID ord¢r to wri off ewh as8¢t ovet its C1 use life. Plant and machin¢ry Stoth Stocks are valued a¢ the lowtt of CO end net rtalisdble val. after JDakin8 due alli)wance for obsolete and slo moving il¢m5. TStIO The chariry 18 ex¢mp¢ from Cory1110 lax on its ¢lwitabk actiw"ii¢ Fund AfcouTr¢lng UDrestrict¢d filnds Ix US in acc(th with the clwithble obiethives the diserthion of the trusteu. Restricted bjnth caD onty be used for YestrieteA within the objrfts of th¢ ¢hpTity. Re8tii¢ti Further cxpiaDation of the natte and purp08e of each fid is included in the to the finan¢ial stat¢mrnts. Pe4$hn ¢oth aod Other pmtsretlromertt Itter The chan'tabl¢ coMpY operates a defined Contributson pensiott scheme. Contributions payable to th¢ charitsble compAfty's pe10 achtrne Ar¢ th¥Bed to the Sw¢m¢ni of Fin1 Activities In the 0d which they rela. The or8anisation 1$ i ¢ompY. r¢goiwtd in Engld & Wal• limityj by guarane and a Tegistered charity. The directors are the trusteos and they form a bowd of truste¢s whs'ch 8¢ts the strnt¢¢ direction of the charity and monitors the perforn)an¢e of the organtsthon 88alT its 8oa]s. The airni and objxtsves and Tu1¢5 for gov¢rnan¢¢ ate 5¢t out in the cban.tabk Comp$ MeDY)rath and Articles ofAwciatioJL T4ThIe Ilxed •Mets Tangible fixed are includ&1 Én th¢ b8l•rtt sh¢d at hIsriC ¢a8t less a¢¢umulated depreciatiort. grant re¢eipts which fund F¢d assci wui5itions fft takcn to tEstricted funth aDd the sppwopii depre¢i•¢ion ch is made 48ainst those over the exte4j usefvl lifeof the asseL Fixed Sets aquutd finatte ate ineludrd iti thc bthnce at historic les$ uMUlat d¢wtti8tion. The present vdue Of fijbjre rents1$ is slkiwn ts a liability. Intertst Pable in each period is char8 as expende4J rc50urc¢ in proportlOD to the attXMmt 0ULqtardg under the legse. Owating le•8e rnt8]s Stoek Siock is iu¢luded in th¢ b81gn¢e sheet w the lower of CO or net realisthk Yu< provisio5 being llAt 4% appropriate a8ainst any obsolete or slow IIlOViD8 Étems. Wh¢r¢ stock 1$ held for a sp]fiC restricted pUoSe ikbt•r8 lld eralknn rb1Ylb1t wrthitt o#e ye*r Ikbtots artd creditots with tto slatry] interest rcceivable or payable within one year are nrorded 4t transactton pn¢e. Going concern Thc financia] sthtcments have bcen trEd OD a 8OiD8 concern the Irusteu consider there are no continued...
TALBOT COMMUNITY CENTrE NOTES TO THE FINANCIAL STATEMENfs- e•nthilled FOR THE YEAR ENDED 21 DONATIONS AND LKGACIES 2021 2020 DoDkti0Th4 10.158 45.678 4J14 5.672 55.836 9.986 Gr8nts re¢¢ive4 Includ in th¢ are as folknvs.. 2021 2020 Garfitld WcstOD Gwundwork UK Community Foundaiion Wales Brid8end CBC Covid Rates Grant Groundwork UK ITe8co Bags of Help) Money Saving Expert BAVO 228 5.000 24.(XK) 9,012 45.678 5,672 OTHER TRADING AcfiviTIES 2021 2020 8,564 24,431 15,666 435 Rent Caiering Membuship f¢ 3.320 30,832 34,152 49,096 INVLSTMEI¥T INCOME 2021 2020 Deposit COUnt interest SUPPORT COSTS costs Community c Activities 1.020
NOTFS TO THE FINANCIAL STATEMENTS- condnued R THE YEAR EI¥DED 31 MARCH 2021 S17PPORT COSTS-fontinued )vernatte¢ eosts includ¢8 £1.020 T¢lating to the Indwdent fee. NET INCOMEJ(EXPENDITURE) Net inCom&{eXtre) is stated &fier charBmW(ct¢ditsng).' 2021 2020 Depreciaiiou- owlled &sscts IniktKnd¢nl Examin¢rs F 5.043 1,020 6,408 1.020 Thue were no tnL5te¢s' remuDeratioD or (rtber ixnefits for the yew ¢dj 31 Marth 2021 nor the year etMI 31 March 2020. Thiite¢i' expew Thert were no trustees, exrKnats PA for the ytsT ended 31 Mtrch 2021 nor for the y¢4r ¢Dded 31 Mah 2020. COMPARATIVKS FOR THE STATEMENT OF FINANCIAL AcfIviTJES Unr¢s¢Ti¢ted Restricd To INCOME AND ENDOWMENTS FROM Don&tions and lewies 4,542 9,986 Other trading ictivitsei 49,096 49,096 Totsl 53.638 59.082 EXPENDITURE ON Cbrltsble •rtlvStks ComrouDity Centre Adiviti¢s 53.160 58.604 Nrr INCOME 478 478 Trnrfen between (87,893) 87,893 Net movwn¢Bt In fwmd$ (87,415) Z 87.893 478 RECONCILIATION OF FUNDS Totsl fvDd$ brnught ffjrwrO 193,187 193,187 TOTAL FUNtKS CARRIED FORWARD 105.712 87.893 193,665 P10
TALBOT COMMUNITY CEKfRE ANCI L STATEMEKfs- cothi R THE YEAR ENDED 31 MARCH 2021 TAI¥GIBLE FIXED ASrS Freehold Plattt attd Totsls COST At l April 2020 and 31 Marth 2021 211 J22 266208 | DEPRECIATION Ar l April 2020 Ch8Tg¢ foT year 49.995 48J40 1.637 98,335 1 5,043 At 31 M4r¢h 2021 53,401 49,977 103 J78 IYET BOOK VALUE At 31 March 2021 157,Y21 162.830 1 At 31 March 2020 161.327 167,873 10. STOCKS 2021 2020 Stocks 150 ii. CREDITORS: AMOUNTS FALLING DUE WITlllN ONE YEAR 2021 2020 Sociat security and other tlxes Sundry crLlor$ Def¢rred income Accrued ¢xp¢ns¢s 78 33 10,(K¥) 1,020 7.151 11,020 D¢f2rr¢d Imcom¢ Deferred Lncome reprats ITorne rteeived from Contriltin8 a8encies where th¢ wntribution was restricted I fixed time kKnod proje¢1 W"¢h extath beyond the current finalle1 yc4r. inLx)uK is dcfcrred on the ba8is th4t the contribution to the projrxt a whol< the tm)e penod of the projea was fidly th'selosed to contributm8 18encie8 and th&t tirne 15 The deferred ID¢ome forwanl li uajyxd M f•Al0. 2020 1 Openll)g balonce Movement in th¢ y lo.$ (5,(XKI) 4,672 5,328 Deferred income wri>l ftrnrd 10,000 Deferred iBcotne anatyxd by PT•jert: 2021 2020 Garfield West 10.000 10,000 continued...
TO THE FINANCIAL TATEMENTS. eotttimed FOR THE YEAR ENDED 31 MARCH 2021 12. ANALYStS OF IYET A&8ETS BETWEEN FUNDS unT¢Str Restrieted 2021 Totsl 2020 Tolal Fullds 77522 33.412 85.308 6247 162,830 39.659 167,873 25,792 Net Cumt As8¢W(Liabilities) 110,934 91,555 202,489 193.665 13. MOVEMENT IN FUNDS N¢t Trgnsfe At 3113121 At 114r20 in fi4t)ds Unrutrlcted fTAnth General fund 25.791 79.981 33,412 77J22 (2.459) 105.772 1577 2.585 110.934 Reslrkied fvttdi Garfield W¢st¢M Foundation Big Lottery knset Fund BAVO Food Povttty Grnnt S¢h¢m¢ 3235 3235 1 85,308 3,012 87.893 (2J85) 3,012 87.893 6247 (2.585) 91.555 TOTAL FUNDS 193,665 8.824 202,489 N¢t movement in fimds, included iti tl* abov¢ •r¢ 85 follows: Movemenl ¢xpeod¢d in fimds Unmtrlcted ndS General fund 68,312 {65.735) 2.577 Rejtrlcted funth Garficld Weston Fo110 Community Fou¢)d8u"on Waleg Gmundwork UK {TÈ%o Bogs ofHelp) Money Savmg Expen BAVO Frxxl Povuty Gran¢ kheme (1.765) (5.C((l) {1.666) {1.() (6,LKKI) 3.235 9,012 3.012 21,678 (15,431) 6247 TOTAL FUNDS (81.166) 8.824 Page 12
NOTES TO THE FINANCIAL STATEMENfs- collthiu FOR THE YEAR ENDED 31 MARCH 2021 13. MOVEMENT IN FUNDS. eo*titiued CgrnpArnfjv¢4 for movewent l• Net Transfers At 3113120 At 114119 Unrtttrleted fund# G¢neral fimd Desi1 Fixed A 193.187 478 {167,874} 79,981 25,791 79,981 193.187 478 (87.893) 105,772 Restrleted Big Lottery As8ei Fund 87.893 87.893 TOTAL FUNDS 193.187 478 193,665 1 Cornt•rativ¢ net mov¢TWt in fuThJ8. includNJ in abov¢ are as follows: I1M Resources Movement , Unre5trlcted General fund 53.638 (53.1601 478 Re8trkted fundi Garfield weOrt Fowutsir Community Foundation Wales {4.444) (],() {5.444) TOTAL FUNDS 59,082 (58,6C4) 478 A current year 12 months and oryear 12 months combined position is as follows.. Net At 3113121 At 114119 UDrestrl¢l¢d General fund Designated Fixed A98ets 193.187 3.055 (162.830) 77,522 33.412 77,522 193.187 3,055 (85,308) 110,934 Restrltted flltt GaTfield WLEton Fowidati Big Lottery Asset Fulld BAVO Food Povety Grant S¢hem¢ 3235 3,235 85.308 3,012 85J08 3.012 6.247 85J08 91,555 TOTAL FUNDS 193.187 9.302 202,489 Page 13 cotltinlld..
TALBOT COMMUNrrY TO THE FINANCIAL STATEME FOR THE YEAR ENDED 31 MARCH 2021 I& MOVEMEKf IN FUM)S. ¢onthiued A current ye8x 12 mot)dLq and PTIOT PT 12 C(xnb1n net in irKluded in the olyove as follows: R£sourc¢5 Movement ,' ex[ryJ in fund8 1 Unrutrirt¢d Get)¢rnl fimd 121.950 (118.895) 3,055 R¢thed fundi Garfield Wesion Foundation Community F(Hmd8tion Wale8 Groundwork UK (Te8co Bags of H¢Jp) MOTW Samng Expert BAVO Food Poverty Gratst S¢hett (6209) (6,000} 11,666} 11.0001 16.(KKII 3235 9.012 3,012 27.122 (20,875) 6247 149.072 (139.770) 9.302 Restrl¢t¢d Rtxtneted fundi repreit bakn¢¢y held to fund fvttwe proj wIe the resoum have been rtteived required by the donors to fund a spetifie project. Transf¢TS been funds Rrix where Unre fiuhds have be¢n used to fiJThl shorrfalls in restticted proj The free reservcs are available provide funds to c&hflow projects fuTthd on a retrospxtiv¢ b&8is wjd vailable witb th¢ wval of the trustres to fund any expeDth"ture projLXts or expens which f&ll within organisations Beneral aints and obj11¥¢% 1Y in Ihith the re8erve policy as stated in the TTu$e R¢port. De81gnated funds Designated filnds repSent the amounts set aside kn wri O)wn reminin8 net bcrf)k value of fixed assets held aBainst unr¢stri¢t¢d fynd& Activities yndert•ken within e•eb malor rethkted f•Md The restricted fund8 of the charÉty have be¢D 8pplid dw th¢ year or ore held for future expenth'ture in tlit following arta". G*rfleld WL¥ton This Is fundin8 to continue the Cvrteh Cynffi8 gmup whieh is a w that Sup disabled pwle and th carets Socially. Big tt¢ry AsJ¢t Fund This was fimiljag in 2005 for reftbith of th¢TalihxCommuDity Cen BAVO Food Poverty Grant Scheme Fundillg to &ssist with the mcal delivery service thmn8thc Covid 19 PDdemic. Money Sxving E4Xrt Fundin8 for new calcriDg cqilipm Groundwork UK e5c0 Bags ofHelp) Funding for new catering equipment Pa8e 14 continu...
ALBOT COMMUNrrY CENfRE TO THE FINAN RTH END 2021 13. MOVEMENT IN FUNDS. ¢oHtinued Tra#rfeTS bdwetn hnds-conthi•ed Commnnlty Fouxdldon kn W Fulld8 io assist with th¢ day to day nllJnin8 co4 of 14. RELATED PARTY DISClnSURFS There were no relat1 party tsaDsa¢ts'ons for the year erthl 31 March 2021. IS GIFTS IN KIND VoluDt¢¢r The value of voluntryr is not quantifid in lern of nw, the time ¢oDtributd by volunteers is an invaluable soUrce in tern of the outStsndin8 e0ntrbuts made by thenL The av¢r#8¢ number of volunteers tyi the yearwa$ 23. Pege 15
TAILED STATE r OF FINANCIAL A R THE YEAR Ef4DED I MARCH 2021 2tY21 2020 DonatioThi 8nd leyd Donations 10.158 45.678 4,314 5.672 55,836 9.986 Other tr•dlng aetlvitios Fundraising ¢v¢nts Rent Cthring Membership fees 8.564 24.431 15,666 435 3.320 30,832 34.152 49.096 lttvutmen¢ Ineome Deposit accoutkt tnt¢r¢st Tot•1 In¢onbl•% rer¢ 89, 59.082 EXPENDITURE Chrttabk etlvitl¢• Staffing Costs Pen$ions Rates WAt¢r Insurance Light and heat Sundry expctk%es Repairs and r¢newa]s rill8 CXPWJS¢$ Postsge, stationery and tel¢phoD¢ Renl Lic&Lces TraTJSPOrt costs Computer c(¥sls DOli0n$ Activity costs Sundry F4uipm¢n¢ Freehold prop ImpToY¢ments to PTOPXrty Plant and ma¢hin¢ry 33275 217 718 1.620 3,272 758 10.577 18.346 28,636 235 1,558 3,636 535 7,089 5,049 1.699 (2,4901 125 625 530 150 3,739 3.861 821 2J85 1.637 2.585 2.182 80,146 57524 Support eojts n8n¢e Bank charge5 Pa8e 16
CENfRE ED FOR F FINAN EIYDED AL 21Y21 2020 FfnADce GovÈrn•n¢e costs Indqjcndent Examiners Fe¢s 1.020 1.020 81.166 58,604 Net Ineome 8.824 478 P17