Charlty reglstratlon nurnb•r 1120604 Company reglstratlon number 06294984 (England and Wales) POWYSLAND CLUB, CLWB POWYSLAND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
POWYSLAND CLUB. CLWB POWYSLAND LEGAL AND ADMINISTRATIVE INFORMATION Trustee8 RLBrow R Church Mrs D Woodhous8 D St&ph8n8on Mr Imlliam Britnell MrJohn IMie8 Lt. Col. Glyn Jones Miss Mary Ohha Mr David Peate Ms Cathgrine Richards Mr Robert Silvester Ms Margaret Stacey Mr Colin Stratrord Mr Philip Wlliams Mr Nltholas Howells Mr John Payne Mr Emyr Wlkams Mr D8Wt Roberts Mrs S A H8Y Mr C Jones Mrs H A M¢Kee (Appolnted 3 October 2024) (Appoirrted 3 October 2024) (Appointed 23 Novembar 2024) Charity number 1120504 Company numb•r 06294984 Prlnclpal addr Triangle House Unlon Street Welshpool UK SY217PG Reglstsred office Triangle House Union Street Welshpool UK SY217PG Accountsnt8 Cadwallader & Co LLP Eagle House 25 Sevem Street Iptslshpwl SY217AD
POWYSLAND CLUB. CLWB POWYSLAND CONTENTS Page Trustees report statement of financial activilies Balance sheet Notss to the financial statements 7-14
POWYSLAND CLUB, CLWB POWYSLAND TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees presènt th8ir report and accounts for the year end&J 31 December 2024. The a¢¢ounts have been prepared in accordare wth the accoling policies set out in note 1 to the accounts and CoMY With the Companies Act 2006 and "Accountsng and Reportiry by Charities.. Statsment of RecLJmmended Ptactic& applicable to charities prepartng their ac¥ounts in acc(xdanc6 with the Financiai Reporting Standwd applicable In the UK and Republic of Ireland (FRS 102} {effeclive 1 January 2015)" Objectlves and actEvitles The estsbtishmenl of a library for the benefit of the general public (such library to be located wthin the borough of Vlelshpool) and the provision for res8arch and educab'w, of tjooks, maps, plans, plctur85, drawings engavings, and information in mathine readable fom or carrled by other electronic means or other non-paper media. The provÉsion of land and premises for the use ofthe trust In the connedion all or any of ts charitable acti¥itias from time to time. Publ benefft The trustees twe paid due regard to guidanc8 188U9d by the Chority Commission in deoding what actilIeS the charity should undertake. Achlevements and pèrfornkince Significant 8cthit8 and 8chfftv8ments again& obFctives 2024 proved to be a difficull year for the Club as It was confronted by sudden deaih of our Chairperson, the Tesignation through ill-health of a number of Senior officials and vartous health issues Impacting others. Wrthin that contexi the board met on four o¢c8sions but also found il eSsary to convene a number of interim ffoetlngs in order to address a range of issues as arose. Despite thesè dIffiltieS our activities were Sustsir witr a serie8 of talks belng organised. Talks were given by Dr. Mary Oldham 'DeconstnKllng Gregynog." The chalJenge$ of a Doctornl Thesig (1 Oth May), by Davkl Chell 'Re-construding Ggyncg.' lookn'ng to th8 fulure, (21st September), by our tre8suftr Richard Church on The hundred ar s8ath for res8M]irs in the Vymwy. Tan81 and Banwy vallgys 1865-1965, <26th October) and by our editor Dr. David Stethnson on ' Heirs to the Princes - The We18h 8dminlsfr8tive and cumurnl leadership 129&c.135t7 (23rd November). In addition to the ab¢)ve talks hlghty successful excursions were organlsed durin9 the summer. Thè fir entalled visit to the Pontdolgoch caenterS Worfcshop 8nd Wat8r Mill on 20th July when we w&re welcomed by Mr Tim Chilton. Subsequently, we followed Jn the footsteps of Ihe R8v. John F¥eker.,. undeT the guidance of Mr Edward Parry. The Libr wntinued to be open for Iwo momings each week and the library group has continued its on the digital library catalogue and a review of the libraries polrries on the acquisition and retention of library materFal. OUT endvOur to secure the publication of The Montgomeryshire CollectnS again emerged to the for8 from the summer of 2024, wlth issue 111 eventually &meTging Irom the press shortly after the end of our financial year. Flnanclal rwilew Resewes policy It is the policy of the Club that unrestricted furK15 which have not be designated for a Specific use should be maintained at a level equivalent to between three and slx month¥ expenditure. The trustees consider that reseNes at thls lavel wyll ensufe that, In tho event of 8 significant drop in fvnding, they will be able to continue thè Club's current adivltles while consideration given to ways in which addition81 fd8 may be raised. This leyel of ServeS has been maintained throughout the year. Maiornsks The tru8tees have ass¢e the m8jor risks to thlch the Charfty Is exposed, and are satisfied that systsms in place to mitigate exposu to the major risks.
POWYSLAND CLUB, CLWB POWYSLAND TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 StnKtur•, govarnan¢g and management The Club was formed a$ a company limited by guarantee on 27th JLne 2007. The tr(&ees, Vh are also the directh for the purpose (rf c¢Jmpany I. and who served during the year and up to the date of signature oflhe financ481 staiements werw. OV¥Hal (Resigned 7 November 2024) D L Peate (Resigned 3 October 2024) RLBro R Church PBart Mrs D Vitxh8e D StepnSon Mr Wllram Brilnell Mr John Davies Mrs Nla Griffith9 Lt. Col. Glyn JorEs Mlss Mary Oldham Mr David Peate Ms CathErwie Richards Mr Robert Silv•ster Ms Margaret stacey Mr Coln stralford Mr Phlllp Wllt8ms Nict$ Howells Mr Geoffrey Lanagan Mr John Payne Mr EmyrWlli8ms Mr Dewi R(erts r8 S AHarvey Mr C Jones Mrs H A McKe& {Resigned 21 Jun8 2025) (Rgned 7 November 2024} (R6gnad 3 October 2024) (Appointed 3 October 2024) (Appointed 3 October 2024) IAppoint8d 23 f4ovember 2024) Recfutiment and appntfflent of twstees The appointment of new Director&l Trust88s is in aCCoanCe wth the Memorandum and Artide ofAssttiation of the Company. None of the twstees has any beneficial interest In the company. All ofthe trustees afe member5 ofthe CpanY arKI guardntee to contribute £1 in the évent ot a wincling up. TheTrLStees report was apprOj by the Board ol Truste88. R Church Tru8t•• ea cJ-Lkn Mr Emyr Willlams Trustso 5 SeptnlJer 2025
POWYSLAND CLUB, CLWB POWYSLAND CHARTERED ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF POWYSLAND CLUB, CLWB POWYSLAND FOR THE YEAR ENDED 31 DECEMBER 2024 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial st8tements of Powysland Club, Clwb Powysland for the year ended 31 December 2024, which comprise the statement of financial activities and the related notes from the charity's accounting records and from information and explanations you have given us. As a practising member firm of the Instilute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at https.11m.iCaew.COMlreguIst10n. This report Is made to the charity's trustees, as a body, in accordance with the terms of our engajement letter. Our work has been undertaken solely to prepare for your approval the accounts of Powysland Club, Clwb Powysland and state those matters that we have agreed to state to the chantys trustees, as a body, in this report in accordance with ICAEW Technical Release 07116 A4F as detailed at icaew.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Powysland Club, Clwb Powysl8nd and the charity's trustees as a body, for our work or for this report. It is your duty to ensure that Powy81and Club, Clwb Powysland has kept adequate accounting records and to prepare statutory financial statements that give a twe and fair view of the assets, liabilities, financial position and surplus of Powysland Club, Clwb Powysland. You consider that Powysland Club, Clwb Powysland is exempt from the statutory audit requirement for the year. and is not required to obtain an ind8P8ndent examiner's report. We h8ve not been instructed to carry out an audit or a review of the financial statements of Powysland Club, Clwb Powysland. For this reason, we have not verified the accuracy or completeness of the accounting records or infomiation and explanalions you have given to us and we do not, therefore, express any opinion on the statutory fin8ncial statements. Cadwallader & Co LLP 16 September 2025 Chartered Accountants Eagle House 25 Sev8rn Street Welshpool Powys SY217AD
POWYSLAND CLUB, CLWB POWYSLAND STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unr•strkled Rutrlet•d fund8 fundB Totsl 2024 2023 Charitable acts¥ltle8 In¥estments 4,902 20.667 12.732 18,899 2D,667 Total Ineomè 25,589 25,569 31,631 R8ising funds Charilabk athil 9,554 9.554 9.908 Total r•souDreg exp•nd¢d 9,554 9,554 9,908 N6t (wns)knses on investments (14,798) (14,798) (28.735) Net Move In funds 30.813 30.813 50,458 Fund balanc88 at 1 January 2024 511.5 107.141 618.643 568.185 Fund balanc•8 al 31 Dnr 2024 542.315 107,141 649,456 618.643 Tré statement of thanual activities also complies with the reqUrEnts ftjr an InMe and wndliKe ac(thnt und8r Ihe Companieskt 20.
POWYSLAND CLUB, CLWB POWYSLAND BALANCE SHEEr AS AT 31 DECEMBER 2024 2024 2023 Flxed 4ss•ls Tangibl8 assets 10 51.894 51,894 318 447,275 151,949 299 432.477 135,878 12 Cash at ba[ arKI in hand 599,542 568,654 Credltorn: amoutts fallkng due wlthlo one yèar 13 {1.1741 (1,099) 598.368 567.555 Total as8•t• ¢uffent Ilabllltles 650,262 619.449 Cr8dltorn: amounts lalllng due after mor• than on• yoar 14 {808) {808) Met assets excludlng ponsion liablltty 849.456 618,643 tlet ae80ts 849,456 818,643 Th• thnd* of the Charfty Restricied in¢ome fuNIs 16 107,141 542.315 107,141 511.502 649,458 616,643 The ¢oThpany Is enthled to the exempts from the audit reqimrnmont contained in seclion 477 of the Companlas A 2006. for yw ended 31 DxwnbeF 2024. The trustees aekrrtx98 Ihalr responglbilitbe8 for ensurlng that the diarity kaepg aoxuntrfj recd$ tAthich compty wlth secthn 386 of the Act and for preparirvJ financial statements thich glve 8 true and falr view of the stat8 01 affalrs of the COMnY as at the end of fjnartiat year and of Its incomiNJ r&%our¢es and appllcalon of resc4Jrces, IndlIft9 Its Inc<yrn and èxpen(Mure, for the fir11 year In accordan wtth the requtrements ol $e(kns 394 and 395 and whrch rAherwi8e C[p]Y wlth the r6qLwrements of the Compardes Ad 2006 rdatHw to finar181 statements, so far a$ wlicatile to the company. The membern havo not required Ihe company ts obtain an audit of its linandal g14toménts for the year in qtIon in aOan¢ tAryth secuon 476. Thè8è finanL¥al statements have been pryed in accordance wlth the provl8icr¢4 applkwble to 8ubJect to the 8mall companies rwme.
POWYSLAND CLUB. CLWB POWYSLAND BALANCE SHEET (CONTINUED) AS AT31 DECEMBER 2024 fin8Thial statemerts apwoved ty the trustees on 5 September 2025 Rchw Mr Emyr Wlltam• Trustse Company registration numbw 06294984 (Ergland arKI IAUes)
POWfSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollch8 (Contlnued) 1 Expendltura Expenditure is recognised once there is a legal LY constructive obligaknn to transfer economic benefit to a third pa(ty. it Is probable that a tfansfer ol economic beneffts wlll be rewired in 5eltlernent, and ts amourrt of the obligation can be measured rellably. Expenditure is claSfied by activty. The costs of each 8Gh¥ity ar8 made up of the total of dOrt costs and shared costs. Induding supwt costs involved in urttdertthThJ aL¥ty. Dired costs attributa1 to a sin actsvlty arg allocat8d direcuy to that acttfflty. Shared costs vthlch contribute to rn0 than one acvlty and 8UPPOrt costs whlth are not attributable to a single aGlivty ar8 apportionÈd behveen those actlvlt6es on a basi8 con8iStent wth the use of Fesources. Central staff costs are allocated t)n the basis of time spènt, and deprecE8n charg85 are allated on Iho portion ofthe as6eYs use. Expendiiure Is accounted for on an accru818 ba818 and has l)een ctsssified under headlngs that aggyt• all o&s to category. Where costs cannot be c5re• attrtbuted to P8rt1cular h8adings Ihoy fwo loe4twJ to acli¥ities on a basis conslstent wlth the use of resource& 1.6 Thnglbh flx8d a8s•ts TanglIe fixed aasets are initllY measured at cost and $ub8•ryRnlly me88ured at or v8lugtM)n. net ol depreciation and any Impalrmert losses. Depreciationls rèeognl8ad 80 as to Vdrite off the cost or valuailon of 8868ts Iw thelr resldual values 0r tr1r Useful llves on the foll0vn9 bases: Flxtures and fittingg The gain or b88 artsing on the disposal of an as8ot18 detemiined as the difEerence tse1en the sale 1ceedS and the Cafrying valva ofthe assel ond is reco19•d In th¢ statemrt ol flnanctal activitie& 1.7 Impalrrnent of fixed a88ats At each reporting end date, Ihe Charity raviews the cATrylng amourrts of its tsnglble assets to detemine vthether there 15 ary indieation that those ass8ts have suffered an impairnient loss. If any SLth exists, recoverable amount of the asset is e5tirnated In order to deterniine the extent of the imp8irment 1088 {tf any). 1.8 Cash and cash equlvalonts Cath and cash equivalents include cash in hand. dwits held at call with banks. other shorkterm liquid Instments wilti origiTh31 maturities ol threa m(xrths or le68. and bank overdr8fts. 88nk overdrafts we shvwn ithin borrow7ngs in current lthilities. 1.9 Flnancl•l Instfuments The Charity ha8 elected to apply the provisions of 11 '8asic Financial Instruments, Sectlon 12 ier Financkal In$truments lJsues' ol FRS 102 to all of its financial Instruments. Flnw¢ial instruments are re¢ognised In tre Charty's bance sheet when the Cherity be¢om8s pty to the C¢tra¢ual provlslons of the instruThnt. Flnan¢i81 assets and li8bllltles are oft8et, with tho net amaunts presented in the fjnandal statenH)ts, vthen the Is a legally •nforeaablé right to Set off the rocognlsed &MntS and theré Is an Intenllon to selt18 on a nat basls or to rnali86 the awt and 5elde the Ilabilty s#nultanwsty.
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng polkles (Contlnued) Finanoat assets classlfied as cther financBI 88sets are staknl al tsir Value any gairffj w k)sses ari51ng on rerneasuremwrt recognised In profit (ff lo The n 98in or loss re(lSed profft or losÈ inclLldes any dlyidend or intertst earned on the fjnancial asset OtIRrflnanclalassets Fffi1al a88elg wlth f1 ar d8lemiMble payNnts and fixed maturity dates that the Charty has the positive intent and ability to hdAI to maturity are da8sthed as hekl to maturity investments. Hdd to mabjrity inVesthnts are mea4wed at aMOrt c08t using tha effeclive intere8t mothod 1¢8s any impamient reVue recognised on an effecaive yieid basis. The effecbve Kttére8t molhod Is a mlK)d ol olculoting the amor118ed cost of a dd)t knstrument and of allocating the intswt income over relevant perfod. The effective interest rate Is the rate that axact dl8¢ounts estlmaled future cash re¢eipti thmLW tho 8XPeCted life of the debt ttrument k) Ih? ngt cany amount on Initlal recognitw. Flnanclal a88et4 Other than those h8ld at fair value throw Inme and expendllure, are assessed for Indlcators of tmpaimient at each reportlng dale. FinancA81 a88ets impaired vthere there is obpthe evldenca Ihat, a8 a result of onè or mrAe ev Ihat occu after the Inllial ocognltion ofthe financld asset. the estlmated fUrft cash ftows Iwe been affected. If w asset 18 impalred, the Impalment1055 Is the differenc8 between Ihe cArying amount aThJ the present value of the eslmatsd cash flows ascounted at the ayseys original effectlve lfiterest rate. The Iwlmient1088 is reeognis8d in net Incomd(expondtiure) fur the yew. If there is a decreBge in the Impaimient 1088 arisyy from an event OCCUlTiIYJ after the impalnmant was re¢ognlsed. the lrnp8im)ent is reversed. The reversal is wch th8t the current carrylng aM0rt does rnt éxceed wIt the carying 8mourrt Ny¢Id have been. had the imp8SrnMrt not pr8viousSy b88n recogni88d. Th• impaiment reversal is recogni5ed in net Inc(¥lKexdilUre) k)r ts year. Finartisl assets are derecognised whan (xx#ra¢knl Tights trJ1he rash from the a35et 8xpire or e settled. OT when the Chwity transfers Ihe flnancaal asset and substanli8lly all ts Tlsks afKI rvwwds of fMtnersl to another lity. or rf some sunificant rfsks [rdS of lmerShIp are retained k)ut control of the asset hastransferred to 8nottr party that is abl6 to sell Ihe asset in ils enttrety to an unrel8ted thkd paty. Basic financial li8bdil1. Inchjding credit¢ arml bank loans are inthally recognised at Iransth pl1 unless the arraryemert c{xtil a transaction. where the debt instrumeni is meawr&l at tha pre8ont value of the futute payments discounted at a mwket rate of interest. Financrdl lh2bltieS classified as payable wrtlxn one year are rnt anrtIsed. Debt Instrument8 are sthequenlly carrled at amtiSed co< using effective intwe8t rth method. Trade cre(tors are obllgaoons to pay ft>r goods or s8rvic8s that have been acqwe(l in the ordinwy tyJur8e of OFwatbns frorn suthiers. Amtwnts payable are dwified as current liabilthes ff paent Is due within one yw or les& If not, they are pre#ented ag noTrcurrwrt Ilalmllties. Trade crethth are reco9nl8ed Irthidly at transactron price and sub8qU•)tly measured at amortised cost uslng the effecli¥a intsrest Mettd.
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollcle8 ICoThQlnu•d) Otherfinaneialli•"lItrQs Derivatives, induding interest rate swap$ and for4vard forelgn exchange contracts, are not baslc financial Instruments. Dertvativ68 are initialty recognised at far valuo on the date a derS¥ativè contract 1$ entered into and ar8 gub8equendy re-measured 8t thir far value. Changes in the feir value of derivatives are recognls8d In or in finance costs or fift8n Income as approprth, unless hedge accounltng 18 applied and the hedge is a ca8h Ilow hedg8. D•reMgnillon of finan¢l•J liabijitss Financial Ilabllies are derec¢Jgnised wlxn the CPority'$ ¢ontra¢tLMI obllgalons expxre or are discharged or celled. 1.10 Employee benef The cost of any unused hollday entlUement18 recognised in the pwiod in whith th8 emthee's 8er¥lces are re£lved. Termlnallon beneffts are recognl8ed Immeolatety as an expen8e when the Charfty Is demonstrabfy committed to ierniinate the amployment of an employee or to provlde tenninalion bersts. 1.11 For•lgn •xchango Transactions in currencles other than ptyjnds thrtlng are recorded at rates of exthange FThv8iling at Ihe datss of the tronsactions. At ea¢h reporlng end date. monetsry assets and liablllues that are derK)minated In fornign ¢urrencte$ are rntran$lated at the rnt8s prevalllng on the reportlng end dat8. G8lns 8nd k8es arlthg on translation in the period are included in profft or1088. CrfU¢al accountlng oStlrnats8 and Judgements In the appficatron of the Club's ac¢ounllng poli¢r86. the dIr08 are requlred to make judgements. estlmates and aswmptlorn about the carryiTrJ am¢)unt of assets liabllEll88 that are not readily apparent trom other 80ufca8. The eslimates and asgocvdted 488umptK>n8 are based on hist0C31 8xp8rience ond othar factors that are onidered to be reievant. Actual results may differ these esllmates. Thè èstimatss and Underfng assumptlons aro rev5ewed on an ongoing b88i9. Rslan$ to ac¢ountlng e$ts'motss are recognised in tho pertod In whtch the estlmate Is revi8ed Whe the Sion affe(ts (lY that . or In the wriod of tho r•¥l8ian and future pwlods wh8fO th8 revlsion affet*s both current and futute Income from ¢harltsble activit198 Povrysland Powysland Club Llbrary 2024 Total pOland Powysland Club Llbrnry 20 2023 Total 2023 Sale5 vrithin choritsbl• 3,197 1.705 5.144 7,588 12,732 Anaty$ls ty lund Unrethcted fund# 3.197 1,705 5,144 7,588 12.732
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Unrn8tr1Ct Unrn8trlcted fund• funds 2023 Interest receivable 20,867 18.899 Expendknre on crftable actlvltles Povrysland Powpland Club Llbrary 2024 Tolal Pov4ysland Powysland Club Ubrary 2023 2023 Total 2023 Dlrect C08ts Purchas and binding 451 424 451 124 305 807 305 931 610 Gfantsl donations Postage, statlonery and adminlstratlve costs Premi88s exp8n86s and room hire 523 263 6.101 6,189 6,192 6.192 550 7.499 8.049 429 8,167 8.598 8hara of $upport and governance ¢osts (seè note 6) 907 1,505 550 1,312 1,148 8.406 9.554 979 8,929 9.908 Anatys15 by fund Unrn8trlcted funds 1,148 979 8.929 9,908 support cos Support Gov•rnanc• 2024 2023 Basls ol alloc•tlon Acujuntancy Subscriptions 1.100 212 1,100 212 1,028 Govem 117 GovernarK 1.312 1,312 1.143 Charitable a¢tlvitles 1.505 1,505 1.312
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 7 Trustees None of the trtee$ (or any persons corncted wllh them) reraved any remuneratbn or benefits from tt Charity the year. Employe88 There were no employees during tho year. 2024 Number 2023 Numbor There were no employees annual runeratIon was m¢xe Ihan £60,000. Not gal103869) on invostrnonts Total 2024 Total 2023 R8valuatlon of Investments 14,798 28,735 Forthe year ernled 31 Docember 2D23 28,735 10 Tangiblo fix 288ols Flxtyr•saftd Ilttln Coyt At 1 Januay 2024 51.894 At 31 Decembor 2024 51,894 Carrylftg nourt At 31 December 2024 51.894 At 31 December 2023 51,8g4 2023 Amounts falllng vAthln on• Yr. Prepaymenfs aThJ nd incomo 318 299
POWYSLAND CLUB. CLWB POWYSLAND NOTES TO THE FINANCIAL STATEMENTS (coKllNUED) FOR THE YEAR ENDED 31 DECEAfBER 2024 12 CuTrent assot Investsmnts 2024 Unll*8d Inveslments 447.275 432,477 13 Ctedltors: amounts falllng due within on• year 2Q23 Acuu81¥ deterred Income 1,174 14 CrodltOTS: amounts falling due after mor• than ono yoar 2023 16 Reslrf¢tsd fvnds The irKaXM lunds of the charity indthle restrtthl fimds wmprislng the ft>llowng unexpended balarca ( donations and grants held on trust for $pe&fic PF. lA0vOnt In funds Balanco at I Incomlng Re8ourcos BalayKe at 31 Januiry rnsourcos expended Decembor 2024 2024 Premises T•wJriG Statue 84.334 42.807 42,807 107,141 107,141 16 UTrrMlrfcted ndS The unrestrlcted funds of the charity comprisè the unexpentsj balances of donation5 and grants thid) are rKA subject to 8p8cific condilian$ by donorn grantors as to how they may be used. These indude designated fvnds vthich have been set apAde (xrt of unrestrlded funds by the trustees for specific purpo$8s. At l Jamiary Incomlng Re8our¢e8 2024 resources èxpended GalDS and At31 lossa8 O¢comber General funds 511,802 25.569 {9,554} 14,798 542.315
POWYSLAND CLUB, CLWB POWYSLAND NOTES TO THE FINANCLAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2024 16 UnrnBtrlthd fun( {Contlnuod) At l January Incomlng Re¥our¢es Galns •nd 2023 resources expondod At31 2023 Gene1 fiwM1$ 481,044 31.631 (9.908) 28.735 511.502 17 Related party transacllons The w¥e M digclosable related party transathcm during th8 y8ar {2023- none).