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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|3|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet||6|to|7|
|Notes to the Financial Statements||8|to|18|
|Detailed Statement ofFinancial Activities||19|to|20|
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|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|fuuds|funds|
||Notes|f.||f.|f.|
|INCOME AND ENDOWMENTS FROM||||||
|Donations
and legacies||4,495|12,800|17,295|9,171|
|Other trading activities||37,303||37,303|25,903|
|Investment
income||23||23|I|
|Other income||154||154|1,349|
|Total||41,975|12,800|54,775|36,424|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Commuuity
Centre Activities||41,092|17,103|58,195|63,243|
|NET INCOME/(EXPENDITURE)||883|(4303)|(3,420)|(26,819)|
|Transfers
behveen
funds|15|(1,718)|1,718|||
|Net movement
in funds||(835)|(2,585)|(3,420)|(26,819)|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
fonvard||92,947|82,723|175,670|202,489|
|TOTAL FUNDS CARRIED FORWARD||92,112|80,138|172,250|175,670|
##
||BALANCE SHEET
31MARCH 2023|||
|---|---|---|---|
|||2023|2022|
||Notes|||
|FIXEDASSETS||||
|Tangible assets|10|153,870|158,197|
|CURRENT ASSETS||||
|Stocks|11||76|
|Debtois|12|4,608|345|
|Cash at bank and in hand||16,749|18,958|
|||21,357|19,379|
|CREDITORS||||
|Amounts
falling due within one year|13|(2,977)|(1,906)|
|NET CURRENT ASSETS||18,380|17,473|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||172,250|175,670|
|NET ASSETS||172,250|175,670|
|FUNDS|15|||
|Unrestricted
funds||92,112|92,947|
|Restricted funds||80,138|82,723|
|TOTAL FUNDS||172,250|175,670|
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||||||2023|2022|
|---|---|---|---|---|---|---|
|Donations|||||4,495|3,133|
|Grants|||||12,800|6,038|
||||||17,295|9,171|
|Grants received,|||included|in the above, are as follows:|||
||||||2023|2022|
|Garfield|Weston|||||5,000|
|BAVO|||||1,750||
|Coalfields||Regeneration||Tmst||1,038|
|National|Lottery||||7,628||
|Bridgend|County||Borough Council||3,000||
|Pyle Community|||Council||422||
||||||12,800|6,038|
|OTHER|TRADING ACTIVITIES||||||
||||||2023|2022|
||||||f.||
|Fundraising||events|||5,817|5,713|
|Rent|||||25,006|9,385|
|Catering|||||6,045|10,368|
|Membership||fees|||435|437|
||||||37,303|25,903|
##
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||Deposit account interest||||||23|1|
|5.|SUPPORT|COSTS|||||||
||||||||Governance||
|||||||Other|costs|Totals|
|||||||f.|||
||Conununity|Centre Activities||||1,879|1,472|3,351|
||Suppots costs, included|||in|the above, are as follows:||||
||||||||2023|2022|
||||||||Co nmuinity||
||||||||Centre|Total|
||||||||Activities|activities|
||||||||I||
||Insurance||||||1,879|1,712|
||Independent|Examiners||Fees|||1,428|1,728|
||Legal &professional||fees||||44|740|
||||||||3,351|4,180|
|6.|NKT INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)||||is stated after charging/(crediting):||||
||||||||2023|2022|
||Depreciation|- owned|assets||||4,327|4,633|
||Independent|Examiners||Fee|||1,428|1,728|
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|fundsI|funds|
|INCOME AND ENDOWMENTS FROM|||||
|Donations
and legacies||3,133|6,038|9,171|
|Other trading activities||25,903||25,903|
|Iuvestment
income||I||I|
|Other income||1,349||1,349|
|Total||30,386|6,038|36,424|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Community
Centre Activities||48,373|14,870|63,243|
|NET IiVCOME/(EXPENDITURE)||(17,987)|(8,832)|(26,819)|
|RECONCILIATION|OF FUNDS||||
|Total fiinds brought
forward||110,934|91,555|202,489|
|TOTAL FUNDS CARRIED FORWARD||92,947|82,723|175,670|
##
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||FORTHE YEAR ENDED 31MARC|H 2023|||
|---|---|---|---|---|
|10.|TANGIBLE FIXEDASSETS||||
|||Freehold|Plant and||
|||property|machmery|Totals|
||COST||||
||At I April 2022 and 31March 2023|211,322|54,886|266,208|
||DEPRECIATION||||
||At 1 April 2022|56,807|51,204|108,011|
||Charge for year|3,406|921|4,327|
||At 31March 2023|60213|52,125|112,338|
||NKT BOOK VALUE||||
||At 31March 2023|151,109|2,761|153,870|
||At 31March 2022|154,515|3,682|158,197|
|11.|STOCKS||||
||||2023|2022|
||Stocks|||76|
|12.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2023|2022|
||Other debtors||4,608|345|
|13.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2023|2022|
||||f.||
||Social security and other taxes||87|444|
||Other creditors||1|1|
||Sundry Creditors||33|33|
||Accrued expenses||2,856|1,428|
||||2,977|1,906|
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|CREDITORS: AMOUNTS FALLING|CREDITORS: AMOUNTS FALLING|DUE WIT|HI|N ONE Y|EAR - continued|||
|---|---|---|---|---|---|---|---|
|The deferred
income carried forward||ls analysed|as|follows:||2023|2022|
|Opening|balance||||||5,000|
|Movement
in the year|||||||(5,000)|
|Defened|income carried forward|||||||
|Deferred|Income analysed by project:|||||2023|2022|
|||||||f.|f.|
|Garfield|Weston|||||||
|ANALYSIS OF NET ASSETSBETWEEN FUNDS||||||||
|||Unrestricted|||Restricted|2023 Total|2022 Total|
|||||Funds|Funds|Funds|Funds|
|||||f.|||f.|
|Fixed Assets||||73,732|80,138|153,870|158,197|
|Net Current Assets/(Liabilities)||||18,380||18,380|17,473|
|||||92,112|80,138|172,250|175,670|
|15.|IVIOVKMENT IN FUNDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At I/4/22|in funds|funds|31/3/23|
||||f.||f,|
||Unrestricted
funds|||||
||General fttnd|17,473|882|24|18,379|
||Designated
Fixed Assets|75,474|1|(1,742)|73,733|
|||92,947|883|(1,718)|92,112|
||Restricted funds|||||
||Big Lottery Asset Fund|82,723|(2,585)||80,138|
||BAVO - Summer ofFun||(212)|212||
||BAVO
—Warm Hiub Fund||(1,506)|1,506||
|||82,723|(4,303)|1,718|80,138|
||TOTALFUNDS|175,670|(3,420)||172,250|
##
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||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|||||8|f.|
|Unrestricted
funds||||||
|General fund|||41,974|(41,092)|882|
|Designated
Fixed|Assets||I||1|
||||41,975|(41,092)|883|
|Reshdcted
funds||||||
|Big Lottery Asset|Fund|||(2,585)|(2,585)|
|National Lottery (Toddler Group)|||7,628|(7,628)||
|BAVO
—Summer|ofFun||750|(962)|(212)|
|BAVO - Social Isolation|||1,000|(1,000)||
|BAVO - Warm Hiub Fund|||3,000|(4,506)|(1,506)|
|Pyle Community|Council (Litt|Repair)|422|(422)||
||||12,800|(17,103)|(4,303)|
|TOTALFUNDS|||54,775|(58,195)|(3,420)|
|Comparatives
for movement||in funds||||
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1/4/21|in funds|31/3/22|
||||f|f||
|Unrestricted||funds||||
|General fund|||33,412|(15,939)|17,473|
|Designated|Fixed Assets||77,522|(2,048)|75,474|
||||110,934|(17,987)|92,947|
|Restricted funds||||||
|Garfield Westou Foundation|||3,235|(3,235)||
|Big Lottery|Asset Fund||85,308|(2,585)|82,723|
|BAVO Food||Poverty Grant Scheme|3,012|(3,012)||
||||91,555|(8,832)|82,723|
|TOTALFUNDS|||202,489|(26,819)|175,670|
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|||Inconung|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General
fund||30,386|(46,325)|(15,939)|
|Designated
Fixed Assets|||(2,048)|(2,048)|
|||30,386|(48,373)|(17,987)|
|Restricted
funds|||||
|Garfield Weston Foundation||5,000|(8,235)|(3235)|
|BigLottery Asset Fund|||(2,585)|(2,585)|
|BAVO Food Poverty Grant Scheme|||(3,012)|(3,012)|
|Coalfields Regeneration|Tmst|1,038|(1,038)||
|||6,038|(14,870)|(8,832)|
|TOTALFUNDS||36,424|(63,243)|(26,819)|
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At I/4/21|in funds|funds|31/3/23|
||f.|f.|||
|Unrestricted
funds|||||
|General
fund|33,412|(15,057)|24|18,379|
|Designated
Fixed Assets|77,522|(2,047)|(1,742)|73,733|
||110,934|(17,104)|(1,718)|92,112|
|Restricted funds|||||
|Garfield Weston Foundation|3,235|(3,235)|||
|BigLottery Asset Fuud|85,308|(5,170)||80,138|
|BAVO Food Poverty Grant Scheme|3,012|(3,012)|||
|BAVO - Summer ofFun||(212)|212||
|BAVO —Warm Hiub Fund||(1,506)|1,506||
||91,555|(13,135)|1,718|80,138|
|TOTAL FUNDS|202,489|(30,239)||172,250|
##
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||||f.|
|Unrestricted
funds|||||
|General
fund||72,360|(87,417)|(15,057)|
|Designated
Fixed Assets||I|(2,048)|(2,047)|
|||72,361|(89,465)|(17,104)|
|Restricted
funds|||||
|Garfield Westou Foundatiou||5,000|(8,235)|(3,235)|
|BigLottery Asset Fund|||(5,170)|(5,170)|
|BAVO Food Poverty Grant Scheme|||(3,012)|(3,012)|
|Coaliields
Regeneration|Trust|1,038|(1,038)||
|National
Lottery (Toddler Group)||7,628|(7,628)||
|BAVO - Summer ofFun||750|(962)|(212)|
|BAVO - Social Isolation||1,000|(1,000)||
|BAVO —Warm Hiub Fund||3,000|(4,506)|(1,506)|
|Pyle Community
Council|(Lifl Repair)|422|(422)||
|||18,838|(31,973)|(13,135)|
|TOTAL FUNDS||91,199|(121,438)|(30,239)|
##
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|||FORTHE YEAR ENDED|31MARCH 2023||
|---|---|---|---|---|
||||2023I|2022
f.|
|INCOME AND|ENDOWMENTS||||
|Donations
and|legacies||||
|Donations|||4,495|3,133|
|Grants|||12,800|6,038|
||||17,295|9,171|
|Other trading
activities|||||
|Fundraisiug
events|||5,817|5,713|
|Rent|||25,006|9,385|
|Catering|||6,045|10,368|
|Membership
fees|||435|437|
||||37,303|25,903|
|Investment
income|||||
|Deposit account|interest||23||
|Other income|||||
|Other income|||154|1,349|
|Total incoming|resources||54,775|36,424|
|EXPENDITURE|||||
|Charitable
activities|||||
|Staffing costs|||21,930|26,673|
|Pensions|||172|172|
|Rates and water|||782|211|
|Light and heat|||3,577|4,216|
|Sundry expenses|||320|400|
|Repairs and renewals|||2,475|9,187|
|Catering
expenses|||5,482|6,541|
|Postage, stationery||and telephone|1,290|1,719|
|Activity costs|||10,824|2,262|
|Sundry Equipment|||560|1,215|
|Cleaning costs|||2,859|1,592|
|Licences and subscriptions|||246|242|
|Freehold property|||821|821|
|Improvements
to|property||2,585|2,585|
|Plant and machinery|||921|1,227|
||||54,844|59,063|
##
|||FOR THK YEAR END|ED 31MARCH 2023||
|---|---|---|---|---|
||||2023f|2022
f.|
|Support costs|||||
|Other|||||
|Insurance|||1,879|1,712|
|Governance|costs||||
|Independent|Examiners Fees||1,428|1,728|
|Legal &professional||fees|44|740|
||||1,472|2,468|
|Total resources|expended||58,]95|63,243|
|Net expenditure|||(3,420)|(26,819)|