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2022-01-31-accounts

Reference and Administrative
Details
Reference and Administrative
Details
Reference and Administrative
Details
Trustees' Report 2 to 3
Statement ofTrustees' Responsibilities
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 8 to 15
Pontypool Development Development Trust
Reference and Administrative Details
Chairman Mr M Green
Trustees Mr ARCrane
Mr JW Hanbury-Tenison
Mr MJGreen
Mr M Gregory
Mr DKEvans —resigned 30/03/2022
Secretary Mr ARCrane
Principal Office Ty-Blaen
Panteg Way
New Inn
Pontypoo1
Torfaen
NP4 OLS
Company Registration Number 05338855
Charity Registration Number 1119953
Independent Examiner Peter Price Accountants Limited
OBice Suite 4
The Former Globe Hotel
Crane Street
Pontypool
NP4 6LY

and L osses)
Total Total
Restricted funds 2022 2021
Note f K
Income and Endowments from:
Donations
and legacies
73,832 73,832
Charitable
activities
13 137 13,137 29,345
Total income 86,969 86,969 29,345
Expenditure
on:
Charitable
activities
4 026 4,026 ~3,093
Total Expenditure 4 026 4026 3093
Net income 82,943 82 943 26,252
Net movement
in funds
82,943 82,943 26,252
Reconciliation offunds
Total funds brought forward 305 156 305 156 278 904
Total funds carried forward 14 388099 388 099 305 156

Balance Sheet as at 3 1January 2022
2022 2021
Note k
Fixed assets
Investments 368,838 266,560
Current assets
Debtors 12 1,256 8,589
Cash at bank and in hand 19 036 30,947
20,292 39,536
Creditors: Amounts falling due within one year 13 1 031 940
Net current assets 19261 38596
Net assets 388099 305 156
Funds ofthe charity:
Restricted funds 388,099 305 156
Total funds 14 388099 305 156

3
Income
from donations
and legacies
Total
Restricted funds 2022
Grants, including capital grants;
Government grants 73,832 73,832
73 832 73,832

4 Income from char itable act ivities
Restricted Total Total
funds 2022 2021
g
Development 13 137 13137 29 345
5 Expenditure on charitable activities
Restricted Total Total
funds 2022 2021
Note g g
Development 2,668 2,668 2,553
Governance costs 1 358 1 358 540
4 926 4 926 3,093
6 Analysis ofgovernance and support costs
Governance costs
Restricted Total Total
funds 2022 2021
g
Independent examiner fees 540 540 540
Legal and professional fees 818 818
1358 1358 540

11 Fixed asset investments
2022f 2021f
Investment
properties
368 838 266 560
Investment
properties
Investment
properties
Cost or Valuation
At I February 2021 266,560
Additions 102,278
At 31January 2022 368,838
Provision
At 31January 2022
Net book value
At 31January 2022 368 838
At 31January 2021 266 366
There has been no valuation ofinvestment property by an independent valuer.

12 Debtors
2022 2021
f
Prepayments 1,256 1,133
Accrued income 7456
1,256 8 589
13Creditors: amounts falling due within one year
2022 2021
Trade creditors 91
Other creditors 400 400
Accruals and deferred income 540 540
1,031 940

14 Funds
Balance atI Incoming Resources Balance at31
February 2021 resources expended January 2022
Restricted funds 305,156 86,969 4,026) 388,099
Balance atI Incoming Resources Balance at31
li'ebruary 2020 resources expended January 2021
Restricted funds 278 904 29345 3093 305 156
15 Analysis ofnet assets between funds
Restricted funds Total funds
Fixed asset investments
Cunent assets
Current
liabilities
368,838
20,292
~3 1131
266,560
39,536
940
Total net assets 388 099 305,156

Restrict ed funds ed funds
Total Total
Restricted funds Restricted funds
2022 2021
f
Income and Endowments from:
Donations
and legacies
73,832
Charitable
activities
13 137 29,345
Total income 86,969 29,345
Expenditure
on:
Charitable
activities
4 026 3093
Total expenditure 4026 3093
Net income 82 943 26 252
Net movement
in funds
82,943 26,252
Reconciliation
offunds
Total funds brought forward 305 156 278 904
Total funds carried forward 388099 305,156

Detailed State men t ofFinancial Activities for the Year Ended 31January 2022
Total Total
2022 2021
Income and Endowments from:
Total income 86969 29345
Expenditure
on:
Insurance (2,560) (2,429)
Repairs and maintenance
Sundry expenses (47)
Bank charges (108) (77)
Legal and pmfessional fees (818)
Independent
examiner's
fee 540 540
Total expenditure 4 026 3093
Net income 82943 26 252
Net movement
in funds
82,943 26,252
Reconciliation offunds
Total funds brought forward 305,156 278 904
Total funds carried forward 388,099 305,156