REGISTERED COMPANY NUMBER: •4713045 (EAglaDd and W￿e$)
REGL%fERED CHAiirrY NUMBER: 1115943
ulJ&l¥b
0￿11 Business Centre
M¢rthyT Tydfil
CF48 IDL

TALBOT CO
CONTENTS OF THE
FOR THE YEA
JJ
STATEME
I MARCH 21121
Report tyfthe T￿￿e¢S
I to 3
Independe•t Ex￿nIner'S Report
ststeMeTht of FIn￿¢1￿1 A¢dvld¢¥
Bal•n¢¢ Sh¢¢t
Notes to tbt Ststemtnts
7 to IS
Det*lled St*ieme•t ofFknaTr¢knl Athld
16 to 17

TALBOT COM
REPORT
FOR THE YEAR EI¥DED
I MARCH 2•21
The tr￿lletS who are a]ao d￿eths of th¢ charity for the purp)w of tb¢ Compani&s Aci 2(K16, present their rep)rt with
tb¢ filla0c￿l 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 Re￿rnMended 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 Tn￿te¢ R¢port iDclude8 the Re￿t 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 nel￿bOU￿￿ without distiTKtion of sex, stxull
Orientatio￿ race. or of pol]'tiol. or (th opiniotsby as￿1811￿8 iog¢tber the said iDhabitsnts and the Ioc81
authorities, advance education and to provth facilitses in the interest of s¢xiAI welfare for T￿tta￿On 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¢ de*rri￿ 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 T￿￿1¢¢5, w¢ believe thit the aims of our
organisation ire thArirable and for the public I￿11. 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 oth￿5 that S￿h 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 t￿8￿ of the pandenll'c, havmg to ma￿8￿¢ 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 affcc*d 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 Imm￿je1Y on
th¢ ¢umt provision within th¢ centr¢.
We've been very fortUn￿r 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 vUlE*￿Ie witbiD ow commu￿tte$ 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 Ur￿ChIeVable, 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 comt￿la1 Ixll"Idmg regulations and a cotttplete refresb
intemalty.
We remain a COT￿￿1 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 partr*rs. 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 {k￿￿rn￿ 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$t¢
New TNstees musi be iDter¥icwcd by thc cutrtnt Bwd of Tn¥tees and if appointe41 •xe itsfornied of thcir Ic8al
obligations und¢r ¢lLarity law, the thI￿on makin8 pr(*ess and thc bu5incs5 plan and recrnt fJnanci8] perforn)anc¢ of the
ehan'ty. The ¢barity aimj to Te¢TUrt pp)pk who can offer a ran8e of 8kn.lls for example ptssoDn¢l. trthiD& finznc¢ ¢tr.
Ory•ntsatloDAI Struc￿re
The TnLStee Board is rD&d¢ up of six StakeholderB of the village YepTesentin8 a eTOM seeti¢)n of lot41 int¢rests
skills. The quanlln n¢ce8sary foT th¢ tr4rw¢uon of busiDess of the Board is 3 or 5W.. thc maKimurn number of BoaTd
members is 9 and not le&8 than 3. Up tts three t¢TJQD5 may be ¢4H)Pted one Annual (lenernl Meeting and the
next. Annual G¢D¢f8J M¢¢tings will b¢ held 8S S(th ￿ pra￿l¢able after the year ended 31st M8￿1￿ Tw¢llty onc days
notice is given for the Attn￿81 Genuai Medin8.
REFERENCE AND ADMINISTRATIVE DETAILS
ReRlstered Company rtumbtr
04713045 (England and W&les}
Reglgtered Ch*rlty nllmber
1115941
R¢gtst¢red t)fflce
9 Prince Road
KMfig Hill
Brid8end
Mid Glamorga
CF33 6ED
Trnste
Councillor A John
E Harnian
J M W¢bb¢r
Cow)¢illor J A Gebbi¢ Chair
G E Hewitt {appotntsd 1.5.21)
Independent Examlmer
Baker K[￿Yle Charter&l Accounlaots
Orbit Busthes5 Centrr
Merthyr Tydfil
CF48 IDL
B•nkers
Lloyds Bank Pl¢.
Approvedby oYd¢r of the bottrd Of$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 eXan￿Der'S report ¢• the trmteu of T*tb•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 2￿11.
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 requirem￿ts 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 wd1￿1 undu P8rt 16 of th¢ 21N)6 Act
atxl are ell￿ble for it)depettht ex8tll￿￿ I ryn in res￿ of DIY examil￿on 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 cF￿lty 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¢:
a￿O￿nting re￿rdS 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 ￿(O￿niS do noi ￿MplY with the a￿oUn￿n8 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￿¢ b￿n preF41￿1 in 8CCQTdanc¢ with the mdh(rf18 aThl prÉncwl¢y of the Stat¢m¢nt of
R¢¢ommended P￿tte¢ for accounting and reporting by charities (spplicable to chaTitits preparing their accounts
in occordathce with the Fin&ncth] Rep￿1￿8 Sthmlard applicable in the UK a￿1 Republic olIte]aDd (FRS 102)).
I hav¢ no wDcerns and have come acwoss no other ttwttets in conn￿0￿ with the eXaMi￿tion w which alleniion shoul
be drawrt in thi8 report in older h) el￿ble 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
Cb*rltabk 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
Ttst*l f¥nd¥ brtsll￿t 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 l￿d
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 requi￿1 the Company to obtsitt an of its finwial $w¢m¢nts for th¢ y¢8r end¢d
31 Ma￿h 2021 in ￿Cord9￿Ce with Section 476 of the c￿￿1¢$ 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 re1￿lAS to financial sthtementy 80 far &8 applicthle ￿ the chamtsble CoMp￿y.
(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- Tn￿1¢¢
Page 6

TALBOT COMMUNITY
OTL8 TO ThE FINANCIAL
ATE
FOR THE YEAR ENDED 31 MARCH 2021
ACCOUNTING POLICIES
Basts of pre￿ritte the fiD*nC1￿ st*tements
The financth] st8trments of the cljaritable cOm￿Y. whith is a public be￿efit entity under FRS 102. h&ve be
Prep￿1 in aecordawe wyth the Chan"ti&s SORP (FRS 102) 'Accounting and Re[￿l￿g by Charitics.. Statcrnetyt
of Rccornll￿cd 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 Ittsd￿d 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¢mit*d by FRS 102 Tr Rew)rtsn8 Stsndard applithle ID th¢ UK and Republic 9f
Irel￿d,.
the rtquirernents of Se¢ts'oD 7 st*eMe￿ of Cash Flows.
Income
All incom¢ is in the Statement of knivities onee the chvity t￿Ttlement 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 ￿¢1Y￿a 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¢ I￿1￿]ed in the attd exTr￿ndI￿re *eount wh¢r¢ th¢y are applied in callying out
charitsble activities. wh¢r¢ the cornpany would othenvise have to p￿￿h￿ the thnated facility and the benefit L%
both quanlifiable aDd rnatcriai. The quantif￿1¢ 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 Ex￿ndItU￿ ￿ soon ￿ thcrc is a Icyl CODsI￿Ve 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￿￿￿'t￿le is acc4)unted for on a¢¢rna15 basis alld h15
been classified under headings that a8gregate all co%t related to the c4*80ry. Nvhere costs cannot FK dirtttty
8ttributed to particular headmgs have 91k￿￿ted 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 C￿1￿￿ 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.
T￿StIO
The chariry 18 ex¢mp¢ from Cory￿￿1110￿ 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 natt￿e and purp08e of each fi￿d is included in the to the finan¢ial stat¢mrnts.
Pe4$hn ¢oth aod Other pmtsretlromertt I￿tter
The chan'tabl¢ coMp￿Y operates a defined Contributson pensiott scheme. Contributions payable to th¢ charitsble
compAfty's pe￿10￿ achtrne Ar¢ th¥Bed to the Sw¢m¢ni of Fin￿￿1 Activities In the ￿0d ￿ which they rela*.
The or8anisation 1$ i ¢omp￿Y. r¢goiwtd in Engl￿d & Wal• limityj by guaran*e 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
T4Th￿Ie Ilxed •Mets
Tangible fixed are includ&1 Én th¢ b8l•rtt sh¢d at hIs￿riC ¢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 ex￿te4j 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 Pa￿ble in each period is char8
as expende4J rc50urc¢ in proportlOD to the attXMmt 0ULqtard￿g 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 Y￿u< provisio￿5 being ll￿At 4%
appropriate a8ainst any obsolete or slow IIlOViD8 Étems. Wh¢r¢ stock 1$ held for a sp￿]fiC restricted pU￿oSe
ikbt•r8 *lld eralknn r￿￿*b￿1￿Ylb1t 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 ￿t￿rEd 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&{eX￿￿￿t￿re) 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 ¢￿d￿j 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 Ma￿h 2020.
COMPARATIVKS FOR THE STATEMENT OF FINANCIAL AcfIviTJES
Unr¢s¢Ti¢ted Restric*d
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
Cb*rltsble •rtlvStks
ComrouDity Centre Adiviti¢s
53.160
58.604
Nrr INCOME
478
478
Tr*nrfen between
(87,893)
87,893
Net movwn¢Bt In fwmd$
(87,415) Z 87.893
478
RECONCILIATION OF FUNDS
Totsl fvDd$ brnught ffjrw*rO
193,187
193,187
TOTAL FUNtKS CARRIED FORWARD
105.712
87.893
193,665
P￿10

TALBOT COMMUNITY CEKfRE
ANCI
L STATEMEKfs- co￿thi￿
R THE YEAR ENDED 31 MARCH 2021
TAI¥GIBLE FIXED AS￿rS
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 cr￿Llor$
Def¢rred income
Accrued ¢xp¢ns¢s
78
33
10,(K¥)
1,020
7.151
11,020
D¢f2rr¢d Imcom¢
Deferred Lncome repra￿ts IT￿orne rteeived from Contril￿tin8 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 Fo￿￿110￿
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
Desi￿1￿ 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:
I￿1￿M￿ Resources Movement ,
Unre5trlcted
General fund
53.638
(53.1601
478
Re8trkted fundi
Garfield we￿Ort 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 repre￿it bakn¢¢y held to fund fvttwe proj￿* wI￿e the resoum have been rtteived
required by the donors to fund a spetifie project.
Transf¢TS be￿en 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 obj￿11¥¢% 1￿Y in Ihith the re8erve policy as stated
in the TTu$*e R¢port.
De81gnated funds
Designated filnds rep￿Sent 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 reft￿bith 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
Fulld￿8 io assist with th¢ day to day nllJnin8 co￿4 of
14.
RELATED PARTY DISClnSURFS
There were no relat￿1 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•% re￿￿r¢￿
89,
59.082
EXPENDITURE
Ch*rttabk *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
DO￿li0n$
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
P￿17