Charity registratlon number 1120504 Company reglstratlon number 06294984 (England and Wales) POWYSLAND CLUB, CLWB POWYSLAND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
POWYSLAND CLUB, CLWB POWYSLAND LEGAL AND ADMINISTRATIVE INFORMATION Trustsos DWHall D L Peale R L Brown Rchurth P Barton Mrs D Wocdhouse D Stephenson IAr William Brilnell Mr John Davies Mrs Nia Griffiths LL Cd. Glyn j(S Miss Mary Okjham Mr OaYKI Peate Ms Catherine Richards Mr Robert Silvestei Ms Margaret Stacey Mr Cc4in Stratford Mr Philip Williams Mr NthrAas Howells Mr Geoffrey Lanagan Mr John Payne Mr Emyr Williams Mr Dewi Roberts Charty nurnber 1120504 Company number c294984 Prlnelpal addrèss Triangle House un Street WelshpMy)I PowyE UK SY217PG Registered office Triangl8 House UnhyÈ Street WelshF¥J Powys UK SY217PG Accountants Ca(Iwalladw & Co LLP Eagle House 25 Sevem Street WetshFK Pows SY21 7AD
POWYSLAND CLUB. CLWB POWYSLAND CONTENTS Pag8 Trustees reFMNt Accountants, report Statement ol finanaal aclivit*s 68lance sheet Notes to thè finaAl Ststements 7-14
POWYSLAND CLUB, CLWB POWYSLAND TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The tNstees presenl theii report and aCtInts fcff the year ended 31 December 2023. The a¢(X)Un have been prepared in a)rd8n wilh Ihe aunts"n9 poli8 set out in note 1 to tl 8¢ix)unts and cornply with the Companies Act 2(X)6 and "A(xwnting and Resx)rb"ng by Charil'es.. Statement of Recotnmended Practice applicaNe to charities preparing their acc¥)unls in accordance the Finanaal Reporting Standard applicable in the UK and ReKxJbJi¢ of IrdarKI {FRS 1021 (effective 1 January 20151. Objective5 and activities The eslablishmenl of a library lor the benefit ol the general Put]C (such library to be locatèd within the tx)rough of WelshpLX)11 and the provisKJn for Search and education. of books. maps, plans. pictures, dran9$ a)d engravings, and inforniation in mathine readable form carried by olher eJe¢tronic means or other non-paper medi8. The provisK)n of land arKI premises for the use of Ihe trusl in the conneciion with all or any of Is charitable actiwtios from time lo time. publ benefit The trustees have paid due regard lo guidan by ihe ChaTrty Commiss)n in dec#JiThJ what actiwties the charity Shk1 undertak8. Achlevements and perfom)ance SnIfiCan1 èctivitAèS and achi8V8m8nls aga$t obiectNes The board met on four occasions during 2023 and hekl its AGM 6th May 2023 vA)en officerfs reports were pr8s8n18d and a summary of Ihe acTnts for 2022 were wesented ar approv•J. Talks were held by Edward Parry on thg Iravels of the bcal arfist Rev. John Parker {died 18601 arN1 by Sarah Thuisfield on Tu(k)r W(xnen'5 dress in April 2023. Two exctjrsics wele held during the year by the excuisK)n5 organiser Mary Oldham. On8 to Rhug Ch•el and thè Rhu9 Estate on 17th Aijgust. and another a tcwjr of medieval Shrewstxjry on 17th July 2023. On 2nd Detsmber the dub (ganISed a visil to Cwrt Plas yn Dre in Newtown. originalty bjilt in Dolgellau with alleged connections to (Xyain Glynthvr bul derThYished aThY reerected in NeWl¥n in 1865. A talk on the building was given by ils uJrrenl ownerTirn Chilion. The Library wntinue(I to be open for nTh)mings e&h k and 8 library mIltee has been workng on creats.ng a digitsl library catalogue and reviewirMJ Ihe library Fdioes on the a(4uisition and retention of library material. Due to the personal circumsiances ol Ihe editor. lh8 publication of 'Montgoffewhire cdlectS. issue number 111 was ddayed until 2024. Flnaneial r•vi•w Reserrfes poli 11 is the policy ol the Club thal unrestricted funds which have not been des¥Jnated lor a specific use should be maintained al a level equivalent to betw8en three and six month's expenditu. The trustees wnsider that reserves at this level wtll ensu that, in Ihe event ol a nIficant drop in fttnding, they wll be ablè lo Contin the Club's eurrent actwities while conshYerath)n i8 given lo ways in vthich addtbonal fiJvKls rnay be raise(S. This level of reserves has been maintained throughout the year. ai()rrisks The Iruslees have assesseil the major risks to Ihe Charity is exp)s&J, and arè satisfied that systems are bn place to miligale exposu to the major risks. Structure, governance and management The Club was fomed as a company limited by guafanlee £4) 27th June 2007.
POWYSLAND CLUB, CLWB POWYSLAND TRUSTEES REPORT {INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees, who are also the dir8Gtors for the puw of company law. aThJ who Served during the year and up to the date of signature of the financial stalements were= DWHall D L Peate R L Brown R Church P Barton Mrs D Wo(yJhwse D Stephenson Mr Williarn Brilnell Mr John Dawes Mrs Nia Griffiths Lt. Col. Glyn Jones Miss Mary Oldham Mr Davtd Peale Ms Catherine Richards Mr Robert Silvester Ms Margaret Stacey Mr Cdin Straffor(I Mr Philip Williams Mr Nicholas Howells Mr Geoffrey Lanagan r John Payne Mr Ernyr Williams Mr Dew Roberts R6cruitmenl and apnIm&t oftru*ees The appointmant of new Dire¢iorsl Trustses Kg in arwrdan with the M8fTKYandum and Artide ofAssouation of the Company. None of the truslees has any benefla1 Inte$[ in Ihe company. Al of the Irustees are members of the ctynpany aNI guarantee lo contribute £1 in the event of a wnding up. The Trustees reportW8S approved by the Boarrl ofTrustees. R Church Trustee Mr Emyr Williams Trustso 20 September 2024
POWYSLAND CLUB, CLWB POWYSLAND CHARTERED ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF POWISLAND CLUB, CLWB POWYSLAND FOR THE YEAR ENDED 31 DECEMBER 2023 In order lo assist you to lulfil your duties under the Companies Acl 2(K6, we have prepared for your approval the nancial statements of Powysland Club, c Powydand for Ihe year ended 31 Drnber 2023. which comprise th8 Statement ol finanual acts"vities and the rela1J note5 Irom the charity's accCUntir recA)rds an(S from inlormation alld explanatic$ you have gNen us. As a praclising member fimi tsf the Instiiu¢e ol Chartered Aco)untants in England and Wales, we arè subject to its ethical and other professional requirements which are detailed al https.'I1.icaeW.COmIregu1at10n. This report is made to th8 charivs Irustees. as a Ixmly. tn aCcdan¢ wlh Ihe term5 of our engaJement letter. Our work has been undertaken solely to prepare lor your 8ppfoval th8 accounts of Powysland Club. Clwb Powysland and state those matters that w8 have agreed to state to Ihe chantys trustees. as a b(xty. in (his report in accx)rdancè with ICAEW Technical Release 07116 AAF as detsiled at eW.com. To the fvllest extent pemitted by law. we do not a¢pl or assume resFongbfjity to anyone other than Powysland Club. c Powwand and the charitls trustees as a twjdy. for our work or I thi5 report. It is your duty to ensure Ihat PoWyand Club. CW) Powysland has kept adequate accounting records and to prepare Statutory finanaal statetnenls that gwe a ITue and lair VEW of Ihe assets. liabilities. fancIal position and surplus ol Povrysland Club, C) Powysland. You c(x)sKl8r that PowyslarKI Club, CM) Powysland is exempl from the stalulory audit requirement for the year. and is not required lo obtain an independent exafflinerfs rewrt. We have not been instructed to carry oui arb audit or a review of the finanaal staiernents of Powy518nd Club. Clwb PoNYysland. For this asOn. we have not verifieil the acoJracy or completeness of the accounting records or Informatic and explanations yrAJ have given to us and we do not. therefore. express any opinion on the statutory financial statements. Cadwallader & Co LLP 20 September 2024 Chartered Accountants Eagle House 25 Sevem Street W8lshF Powys SY21 7AD
POWYSLAND CLUB. CLWB POWYSLAND STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrtrstrlcted Restricted nds funds Total 2023 Total 2022 Notes Charitable activlties Investrnents 12.732 18.899 12.732 18.899 6.227 14.915 Total in¢ome 31.631 31.631 21,142 Raising fuThJs Charitable acbvil 15,235 Total r•sources expended 9,908 15.235 Nel Igains)Ik)ssgs on investments 128.7351 128,7351 59.514 N?t movement Sn funds 50,458 50.458 153.6071 Fund balances at 1 January 2023 461.044 107,141 568.185 621.792 Fund balances at 31 December 2023 511,502 107.141 618.643 568.185 The statement ol financial actiwties also comF4ies with the requirements for an irKome awKI expenditure ac(xwnt under the Companies Act 2(.
POWYSLAND CLUB, CLWB POWYSLAND BALANCE SHEET AS A T 31 DECEMBER 2023 2023 2022 Notes Fixed assets Tangible assets 10 51.894 51,894 Currènt assets Deblors Investments Cash at bank and in hand 11 12 432.477 135,878 403.742 114,150 568.654 518.160 Crèditors.. amounts talllng due within one year 13 (1.0991 I1,(3) Net current assets 567,555 517,097 Total assets less currtnt liabilitS 619.449 568.991 Cr•ditors= amounts falllng due after more than one year 14 I) {8061 Net assets excluding pen$ion1Sablltty 618.643 568,185 Net assets 618.643 568.185 The funds of the Charity Restricted ino)me funds unstrICted funds 15 107,141 511.502 107,141 461,044 618.643 568,185 The company is entiued to the exemplK)n from the audit r8quirement conts1r in secb"c¥) 4T1 of the Compani85 Acl 2006. for the year ended 31 December 2023. The trusteès acknowledge their responbilItieS for 8r6uriThJ that thè chaiity keeps aC{nting records whth o)mply with section 386 of the Act and for preparing finan(ial statements which give a true and fair view of th8 state ol affairs of the company as at the end of the fanal year and of tis ino)mirrfJ rèsources and appli¢*on ol resources, including its inwme and expenditu. fw the financi year in a(X0rdan wth the requirements of sections 394 and 395 and which otherwise comply with the requirernents of the Companies Act 2006 relating to finanaal statements, so far as applicablè to the company. The mèmbers have Th)t wuired the company to obtaFn an audit of its finar¥ial slaterrt$ for the year in question in accofdance with section 476. These financial statements hav& b86n in •xX)rda wth provisicts applicable to o)mpanies subj8et to the sm911 corrynies regime.
POWYSLAND CLUB, CLWB POWYSLAND BALANCE SHEET (CONTINUED) AS A T 31 DECEMBER 2023 The finanoal StatentS were approved by the trustees 20 September 2tr24 R Church Trustet Mr Emyr Wdliams Trustee Company iegistrats.on nrnr (294984 IEThJland aml wa3)
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policles Charity information Powysland Club. Clwb Powysland is a private o)mpany limited by guarantee in(x)rporated in England and Wales. The registered office is Triangle House, un Street. Welshpool. Powys. SY21 7PG, UK. 1.1 Accounting conventlon The financial statements have been prepared in )rdance with the Charivs tgoverning documentl, the Companies Act 2(. FRS 102 7he Finanaal Reptxting Stsndard applicable in the UK and Republic of Ireland. I"FRS 102.1 and th8 Charities SORP 'Accounling and ReFKJrting by Charil+es". Staterngnt ol RecommeThJed Practice ap1(e to charities 5xeparing their ac(x)unts in accordance with the Financial Reportsro Stsndard al¢ae in thé UK 8rKI Repuuic of Ireland (FRS 102)" leffeth.ve 1 January 20191. The Charty is a Public Benefit Enlity as defined by FRS 102. The financial statements a prepared in sterfiThJ. which is the funcbonal rre of the Charity. Monetsry anKJunis in thèsè finanGial st8lements ale rjnded to Ihe nearest £. The finanaal statements have Ixen prepa urNJeT the hislorical cost con¥entJon. The prinapal ae(x)unting icies adopted are sèt bèkmf. 1.2 Going concern At the time of approving the finanaal slatements. the Itee$ have a reasonable expectation that the Charily has adequate resources to (x)ntinue in operabonal eStenCe lor the loreseeatA8 future_ Thus the trustees cx)ntinue to adopt Ihe going con(*m basis of aox(miitNJ in prep8riTrJ Ihe finala1 stat8rn8nts. 1.3 Charitable funds Unrestricted fuThJs are avalaile for use al the discretion of Ihe tru5tee5 in fur1héran of their charitabl8 objecbves. Restricted funds are subjed to specific coThJitKJns by dorKJf5 or grantors as to how they may be usèd. The purposes and uses of the stric{8d funds are sel (Mjt in the notes to the finanoal statements. Endowment funds are subjecl to $Kwtfic conditions by dorKJrs that Ihe capiid must be m8inlained by the Charity. 1.4 Income In¢orne is cognISed when the Charity is legally entitlèd to it after any perfornare dIOnS have be8n met, the amounts can be measured reliabty. and it is probable that irKome wll be receNed. Cash donations are reccxjnised on receipL Other donalions arè renised once thè charity has been notthed of th8 donatx>n, unless performance wnditions require deferrAI of the amounl. Income tax recoverable in relal¥Jn to (k)nations received uThJer GtftAKI (x de&Js of o)venanl is reC3[Sed at the time ol d{atiOn. Legacies are recognised on lpt IK otheMse rf Ihe Charity has tmn nolified of an impending distribution. the amount 15 kn(ywn, and reIpl is eXed. If Ihe amcmjnt is not known. the legacy is tr&8ted as a contingent asset.
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng policies IContlnu¢dl 1.5 ExpenditLTrre Expendi(¢Jre is re¢ogni58(l Or there is a legal or constructive oblvJation lo transfer e(x)nomic benefit to a third party, it is probable that a trar6fer of econom benefiis will be reouireil in setuement, and the amoL+nt of the oblwJalion can be measuted reli8bty. Experxlrture is dassrfied by acttvity. The (x)sts of each athity are made up of the totsl of dIrt (x)sts and Sha costs, including suptmyt cthis involvèd in undertakn.ng eath activity. Direct costs attributat4e to 8 single activity are alk)caled diredy to Ihat actNity. Shared o)sts which contribjle to more than one aclsvity and support costs which are not attributable to a single activity are apporlioned behveen those acb'vilEs on a b8SiS consistent wlh the usg of resources. Central staff costs arè allwated on the basis of time spent. and deprecAation d)arge$ are albcated on the Fwxts"on of the asset's use. Expenditvre 15 a(wunted for on an acrwals basis and ha$ been dassified urK18r headiThJs that aggregate all costs lo the calegory. costs c8nnot be directty attribuled lo pa(J18r headings ihey have been allat8d to activities on a bas¢s consistent th Ihe use of resources. 1.6 Tanglble ftxed assets Tangle fixed assèts are inilialty measured at (Tht and subsequenty measured at cost or vajuation. nèt of depreciabon and any impairrnent k)sses. Depatn is recognis8d so as to wriie off the cost or valuation of assets less Iheir slua1 values over their useful14ve$ on the lolkthing bases.. Fixtures and fittings The gain or loss arising on the disposal of an assei is delem)ined as the difference belween the sale proceeils and the c8rw.ng value ofthe asset. aThJ i8 recognised in the slatement offinancaal aclivibes. 1.7 Impainnent of fixed assets At each reporting end date, th8 Charity wews the carrwng amounts of its tangle assets to determine whether there is any indicalK)n that those assets have suffered an impairmenl loss. If any such indcalion exists, the recoverable amunl of the asset is estimaied in ordèr lo determine extent of the impairment loss lil any). 1.8 Cash and cash equi¥alents Cash and cash equivalents irrjude cash in hand. de[KlS hekl al call banks. other slK)rt-temi liquid investments with original maturib.es of three ThnthS less. and bank overdrafts. Bank overdrafts are shryèm within borrowngs in CLrrenl liabilits. 1.9 Financial instruments The Charity has elected to apply Ihè provisior6 of sects.on 11 'Basic Financ¢al Inslrurn¢nts' and Section 12 'other Financial Instruments Issues. of FRS 102 lo all of ils financial instnjments. Finanual instwm8nls a recc¥Jni5ed in the Charivs baL4n sheet when thè Charity 1)ecomes party to the eontraclual provisions of the instrument Financsal assets and Ikibilities are offsel. Ihe net arTh)unts psentEd in the financial statetnents. when there is a legally enforble nght to sel off the recognised amounts and Ihere is an intention to settle on a net basis or to lIse th8 asset and seluè the li8bility simulian8ousIy.
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng policlgs (Continued) Basic financlal ass•ls Finanoal asseis classified as other finanoal assets arè stsled at fair value with any gains or bsses arising on reme8surernent recniSed in profit or loss. The net gain or h)ss recognised in iirofit or loss indudes any diwidd intarést 8amÈd on t1 finaroal asset. Other financlal assets Finan81 assets with fixed or detemiinable payments and fixed mabjrty dates that the Charity has th8 Posltive intent and ability to hold to malurily are dassified as held to malurity investmènts. Held to maturity inv8Strnents are rneasured at amOrtis st LLsing the effectNe interest methcmj less any impaimient, with revenue rec<yni5ed on an effective yield basis. The effecltve interest methL¥J 15 a methrAI of calculating thè arnortised o)st of a debt instrument and of allocating the inteiest Incfxne over Ihe r*wJnl pericmj. The effeclrve interest rate is the rate that exacuy discounts estimated futu cash receipts through the expected life of the debt instrumenl to the net carrying arnount on Inal recognition. Impairment of financial assets Finanaal assets, other than Ihose held al fair value through income and expenditure. arè assessed lor indi(3lors of impairment al each reporting date. Finawal assets are impaired where there is objecb've ev1dell that, as a resijlt of one or more evènls that ocwrred aftef ihe inib.al r8¢x)gnition of the financial asset, the estimated ftjture c8sh flows have been affected. If an asset is impaired, the impaiTrnent loss is the drfferencè tween the carrying amcxjnt and the present value of Ihe eslimaled cash flows discounted al the asset's original effective interest rate. The impairment Soss 15 recognised in net ino)mellexpendibJrel fc¥ Ihe year. If there is a decrease in the impaimienl loss arising from an event cwjrring aftèr the impairment was recognised, the impairment is reversed. The reversal is that the ujrrent carrying amount does not exwd what the carrying amount would have been, had Ihe impaitrn8nt not prevK#Jy been recognised. The impairmen¢ reversal is iecogniwj in net incofflellexpenditu1 lor the yeat. Derecognition of financial assets Financial assets are derectMJnised onty when the contrdclual rights io Ihe cash from th8 asset expire or are settled, or when the Charity transfers the financtal asset and substantially all the risk5 and rewards ol ownership to another entity, or il some svJrÈificanl risks and rewards of ownership are retained but control ol th8 asset has transferred to aTh)ther party that is able to sell the asset in its entirety io an unrelated third party. Basie financial liabiTlities Basic finanrial liabilits'es, induding uedrtors and bank loans a initially recLnIsed at transaction pric8 unless the arrang8ment consbtutes a finanong tsansaction. vknere the debt instrument is measured a¢ the pte5ent value ol the lutu¥e paymenis discounted al a market rat8 01 inieresl. Finanaal liabililies dassified as payable within year ale rw)t anv)rtkwl. Debt insiruments arè subsgquenlty carried at arrK)rtised (x)sl. wng the effective interest rat8 melhod. Trade ¢x$ditors are obligations to pay for g(XMJs or services U)at have been acquired in the ordin¥y course of operations from suprAiets. AnUnts payable are dassified as current liabilities if payment is due wthin one year or less. 11 not, they are presented as non-current liabilitses. Trade credilots are recognised initially at transaction price and subsequ8nUy measuied at anNJtsed cost usbng th8 effective interest metl)(xl.
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Arxounting pc+licies Icontlnuedl Oth•r finaneial liabilitiès DerivatlV8s. including inieresl rate swaps and forward forean exr ntractS. are ntst basic finarKial instrufflents. Derivatives are iniallY recognised al fair value on the date a d8riv81ive (£Jntract is entered into and are subsequenuy re-measured at the¢r fair value. Changes in Ihe lair value of derivatives are recognised in or in financ8 costs or finance income as apFW)riat8. unless hedge acnIIng is applied an¢J the hedge is a cash flow hedge. Derecognilion olfinancial liatslities Financial liabililies are derecognised when the Charity's conlraciual IA19aOrts expire or are discharged or ncelled. 1.10 Employee benefrts The cost ol any unused holvjay entiuemenl is rnISed in the perioy in whth Ihe èmployees servi$ ara received. Tèrminatiorb benefils a re(ognised imndiately as an exwse wln the Charity is demonstrably committed tts lerminat8 the employment of an emF4oye8 or lo provide temiinth.on n&fits. 1.11 Foreign exchang• Transactions in currències olher Ihan pounds sterfing are reca)rded at ihe rates of exchange prevailing at the dales ol the transactions. At eath reporfing eThJ dale. WYK)n8tary assets and liabilities that are detK)minated in foreign ¢uryencaes are (etranslated al Ihe rates prevailing on thè retxyling end date. Gains arky losses arising on tranatn in the per¥)d ale indud8d in profil or kjss. Crltlcal aeeountin9 estimates and ludg•monts In the ap1¢allOn of the Club's a¢o)untiThJ Fdicies. th8 directors ale wuired to make judgements, estimates and assumptions atMxJI Ihe Car.n9 anThyJnt of assets and liabilities that are not readily apparent from other sources. The estimates and asso(xated assumplions are b8sed on historical experience and other factors that are wnsidered to be reJevanL Actual resijlts may diller froffl these estirnates. The estimates and undedwro assurnplH)ns are reviewed on an mg91r basis. Revisions to accounting estimates are re(x)gnised in the peri1 in whith the estimale is revised where the ievision affecis [lY thal perth, or in the period of the rewsion and futurè p8riods where the ViS)n 8ff8cts both current an¢J future perK)ds. Income from ¢haritsble acti¥ttie5 Powysland Povysland Club Library 2023 2023 Total Powyslan(I Club 2022 2023 Sales within charitable actiwi*s 5.144 12.732 6.227 AnalysSs by fund Unrestricted funds 5.144 12.732 6,227 10-
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Income from investmeb)ts Unrestrlctèd Unr•strl¢ted fvnds funds 2023 2022 Iniere5l receivable 18.899 14,915 Expendlture on charttable aettvitiès Powysland Powysland Club Library 2023 2023 Total Powy51and Powysland Club Library 2022 2022 Total 2023 2022 Direct costs Purchases and bindiThJ Insurances Granlsl donations Postage. stationery and administrative costs Prernises expenses and room hire 124 931 610 6,459 338 7,117 755 200 417 263 95 108 203 6,192 6.192 5.817 5,817 429 8.167 7.092 14,092 Shar• of support and governance costs Ists note 61 Govemance 550 762 1.312 513 630 1,143 979 8.929 9.9)8 7,605 7,630 15,235 Analysls by fund Unrestrict8d fvnds 979 8,929 7,630 15.235 Support costs Support Gov•rnanc• costs 2023 2022 Basis of all0on Ac(x)untsncy Subs¢ripth)ns 1.1CKJ 212 1.1LNJ 212 1.026 (knmar 117 Govemance 1.312 1.312 1.143 Analysed belween Charilable aclivities 1.312 1.312 1,143
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees None of the trustees lor any persons connected ¥th Iheml received any r8mun8ratK)n or benefits from the carity during the year. Employees There were no ernoYeeS dwng the year. 2023 Number 2022 Number Tolal There were no emF4oyees vhThe annual remuneratKM) wds rrwye Ihan £60.ts)0. Ntt gainslllossesl on investments Total 2023 Total 2022 R8valualK)n of investments 28.735 159,514 For the y•ar •nd8d 31 De¢¢mber 2022 159,514) 10 Tangtble fixed assets Fixture5 and ffttlr Cost At 1 January 2023 51.894 At 31 December 2023 51,894 Carrylng amount At 31 Decernb8r 2023 51.894 Ai 31 December 2022 51.894 11 Debtors 2023 2022 Amounts falling du8 within one year. Prepayments and accrued inc(xne 299 12-
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 12 Current asset Inv•stments 2023 2022 Unlis¢ed investments 432.477 403,742 13 Credltors: amounts falllng du• within one year 2023 2022 Accruals aNI defeed incThne 1.099 1,063 14 Creditors: amounts falling due after more than one year 2023 2022 other credrtors 806 8C 15 Restrlcted funds The inwrne funds of the chartty Indje restricte(I funds comprising the followng u¥pended balartes of donations and grants helj on Irust lor speulic purposes= Movement In lunds Balance at 1 Incoming Resources Balancè at 31 January $01¢•$ expendedDe¢ember 2023 2023 Premises Tewdric Statue 64,334 42,807 42.807 107.141 107.141 16 Unrestricttd funds The unrestricted funds of the charity rMpriSe the unexpended balances offjonations and grants are not Subje lo Specif condits.ons by donors and granlors as to how they tnay be used. These inclu¢Je designated funds whth have been sel asK58 out of unrestricted fun(Is by truste85 speryfic purposes. At 1 January 2023 Incoming resourc•s Rèsour$ expended Galns and losses At31 D•eemb¥r 2023 Gera1 tunds 461,044 31.631 19.9)81 28,735 511,502 13-
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 16 Unrestricted fund¥ IContlnu•dl Prèvlous y•ar. At l January 2022 Incoming resourc85 Resources expended Galns and Ioss85 At31 Dgcemhr 2022 General funds 514.651 21.142 (15.2351 159,5141 461.044 17 Related party transaetions Th8re were no disdosatle related party transactions duriro Ihe year12022- I8). 14_