# ## ## |||Page| |---|---|---| |Chairman's
statement||1-2| |Trustees'
report||3-12| |Statement
oftrustees'|responsibilities|13| |Independent
examiner's
report||14| |Statement
offinancial|activities|15| |Balance sheet||| |Notes to the financial|statements|17-31| ## ## ## ## ## ## ## ## ## ## ## ## ## |The|way|we work|Our values| |---|---|---|---| |YRP|will|be a catalyst for positive change by:|| |||Facilitating|Openness| |||Enabling|Honesty| |||Connecting|Collaboration| |||Involving|Integrity| |||Engaging|Co-operation| ||||Inclusive| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Youth Provision|Youth Provision|Youth Provision|Work||with|CiN|CiN||||YEP,YRP|YEP,YRP|annual|||Strong
partnership| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||Ynysybwl
Enterprise
Partnership||to|Funding
carried
over
from
last||||||||||established
with
YEP
linking
young
people
with
activities for the Festival| ||||acilitate
funded
plovls
ion
Ynysybwl||CIN
youth
In|year||||||||||To
work
with
YEP
to
identify
alternative
funding
for continuation
of youth| |||||||||||||||||provision| |UpCycle —Social|||Work
with||youth||Enterprising||||YRP||Yr|2|o|Develop
social
enterprise| |Enterprise||in|team
and||Rank||Future|—People|||||project|||model
with
an
aim
of a| |partnership||with|foundation||Time||and||Places|||||||50%
income
generation| |Pontypridd|High||to
Shine||and||driving|||||||||split with 50%funding.| |School|||Llechi
Glo||Cefn||development|||||||||| ||||Gwlad —consortia|||||||||||||| |RCTCBC
recycling dept|||with
People
and
Work||||Rank foundation
funding
to|||||||||| ||||foundational||||secure||funding|||||||| ||||economy project||||for
intern
for
1
year - F20K|||||||||| ||||||||Llechi|Glo -||54K||||||| |Health and wellbeing||||||||||||||||| |Visitor
centre||at|Deliver||visitor||CYS||Lottery||YRP,||ongoing|||Strong
partnership| |St|Gwynno||centre Nov||20||funding -||F200K||Daerwynno|||||working
to
promote
and| |forestry|||Establish
volunteer||||Welsh
Church
Act —RCTCBC|||||||||increase
green
travel
o
local people
in the forestry
and
surrounding
areas.| ||||management
committee||to
run||550K|||||||||Visitor centre to become a
self-sustaining
social| ||||centre|||||||||||||enterprise
with the aim o| |||||||||||||||||creating
local| |||||||||||||||||employment,
training
and| |||||||||||||||||access to health
and well-| |||||||||||||||||being as well as a toudist| |||||||||||||||||venue.| |Trails and|paths||Work with|Walk &|||CYS||Lottery||YRP,|trails|Ongoing|||To ensure
routes are well| |sign posting|||Talk
Pony||club,||funding||||and|paths||||sign posted so more local| ||||Robbies|runners,|||||||group|||||people
feel
confident
to| ||||Daeywynno,|||||||||||||access
them
as
well
as| ||||mountain||bikers.|||||||||||promoting
the
heritage
o| ||||Signposting||o|||||||||||the area.| ||||four routes||in the|||||||||||| ||||forestry|||||||||||||| ## ## |BeActive|—health|—health|Secured
funding|Secured
funding|Healthy|Active|Active|YRP||ongoing|Continues
to
be
an| |---|---|---|---|---|---|---|---|---|---|---|---| |and|wefibeing||through
HAF|to|fund||||||emerging
theme.
All the| |project|||continue||||||||above projects lends
itself| ||||provision.||||||||to supporting
the
seldom| ||||||||||||heard
and
increasing| ||||||||||||confidence
and
helping| ||||||||||||people
become
more| ||||||||||||active| |Green|||Secured
funding||Rural|||RP||June 2019—
Creating
an
awareness|| |connections|||to
deliver|an|Development|||||June 2021|and
appreciation
of
the| |environmental|||environmental||Programme||||||environment
through| |activities|||programme
to|the|||||||outdoor
environmental| ||||community||||||||opportunities| |Promotion||and communication|||||||||| |Digital platform—|||To
enhance|an|Rank|||YRP,|other|oilgolng|Long term aim is to ensure| ||||online
presence||Foundation|||groups|to||afi
the
work
of
the| ||||that
connects|afi|Time|2|Shine|host|and||organisation
Is| ||||elements
of|the|project|funded||maintain|a||interconnected
and
offers| ||||project to promote||until||March|page|||the
best
experience
to| ||||nysybwl
as|a|2021||||||individuals
for
improved| ||||ourist attraction||||||||access
to
afi
services.| ||||||Web||||||Continue
to horizon
scan| ||||To
develop
e-
commerce
web||development
via
CYS
and||||||for funding
opportunities| ||||site as a
social||People||and||||Secure funding
to build on| ||||enterprise||places||||||existing site| ||||||Explore||||||| ||||||alternative||||||| ||||||funding||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The Trustees|| |---|---| |Chairperson:
Barbara Castle OBE|Community
Regeneration
consultant;
Director ofCREW and over 30| ||years'
experience
of community
development
and
working
in the| ||housing sector.| |Trustee: Clive Thomas|ITConsultant
and Chair ofFriends ofButchers Pool| |Trustee: Arfon Williams|Chair of the Royal British Legion local branch;
former armed
Senior| ||Non-Commissioned
Officer and Director ofa Welsh veterans'
charity;| |Trustee: Jill Price|Former Deputy
head teacher ofthe Village infants school, Honorary| ||Secretary
of Daerwynno
Outdoor
Activity
Centre for 25 years
and| ||has been a Community
Councillor| |Trustee: Sue Pickeding|County Borough Councillor, a former researcher
and office manager| ||to an Assembly
Member.| |Secretary: Steve Cuny|Community
Regeneration
consultant
with over 30 years' experience| ||ofworking
in community
development
and the housing
sector.| |Trustee: Elaine Hicks|Roberttown
Road
Runners,
Friends
of Butchers
Pool.
30 years'| ||experience
of working
in the NHS accompanied
by several years as| ||a local councillor
in the Caerphilly
Borough.| ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| |||Notes|2020|2020
F|2020
6|2019f|2019|2019f| |w
I||||||||| |Donations
and legacies|||9,407||9,407|2,821||2,821| |Charitable
activities|||16,980|325,586|342,566|6,557|326,455|333,012| |Other trading
activities|||1,408||1,408|900||900| |Total income|||27,795|325,586|353,381|10,278|326,455|336,733| |Rzggnfl(tgmJtn;||||||||| |Charitable
activities||6|19,133|245,314|264,447|22,054|211,397|233,451| |Net incoming||||||||| |resources before||||||||| |transfers|||8,662|80,272|88,934|(11,776)|115,058|103,282| |Gross transfers||||||||| |between funds|||17,258|(17,258)||(1,377)|1,377|| |Netincome forthe yearl||||||||| |Net movement|in funds||25,920|63,014|88,934|(13,153)|116,435|103,282| |Fund balances|at 1|||||||| |August 2019|||11,194|172,378|183,572|24,347|55,943|80,290| |Fund balances|at 31|||||||| |July 2020|||37,114|235,392|272,506|11,194|172,378|183,572| ## ## |||||2020||2019|| |---|---|---|---|---|---|---|---| |||||5||E|| |Fixed assets|||||||| |Tangible assets|||10||153,500||114,272| |Current assets|||||||| |Debtors||||1,881||29,515|| |Cash at bank and in||hand||124,085||102,890|| |||||125,966||132,405|| |Creditom: amounts||falling due within|||||| |one year|||12|(6,960)||(63,105)|| |Net current assets|||||119,006||69,300| |Total assets less cunent liabilities|||||272,506||183,572| |Income funds|||||||| |Restricted funds|||13||235,392||172,378| |ii
titdf|d||||||| |Designated
funds|||14|1,259|||| |General
unrestricted||funds||35,855||11,194|| ||||||37,114||11,194| ||||||272,506||183,572| ## ## ## ## ## ## ## ## ## ## |their usefu|l
lives on the following bas|es:|| |---|---|---|---| |Freehold|land and buildings|5% straight
line|| |Leasehold|improvements|Over the life ofthe lease|| |Plant and|equipment|33.33%straight|line| |Computers||33.33%straight|line| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Unrestricted|Unrestricted| |---|---| |funds|funds| |2020|2019| |8|| |9,407|2,821| ## ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||||f|f| |Enterprise
income|||||878|| |Grants|||||341,688|333,012| ||||||342,566|333,012| |Analysis
by fund||||||| |Unrestricted
funds|||||16,980|6,557| |Restricted funds|||||325,586|326,455| ||||||342,566|333,012| |Big Lottery Fund|||||263,654|289,051| |Natural Resources|Wales||||10,688|21,828| |BBCChildren
in Need|||||4,431|7,804| |Money for Life||||||2,940| |Fit &Fed||||||1,380| |Welsh Goverment|ReAct|||||2,769| |South Wales Police and|||Crime Commissioner|||4,832| |Butchers Pool|||||1,631|2,408| |Interlink
RCT|||||16,973|| |Merthyr
Tydfil County||Borough Coundl|||4,288|| |Merthyr
Tydfil Voluntary|||Council||500|| |People &Work Unit|||||6,750|| |Rank Foundation|||||19,753|| |Rhondda
Cynon Taf County Borough||||Council|10,300|| |Wales &West Housing|||Association||1,920|| |Ynysybwl
&CoedyCwm|||Community|Council|800|| ||||||341,688|333,012| ## ## ## |||Unrestricted|Unrestdicted| |---|---|---|---| |||funds|funds| |||2020|2019| |||6|| |Venue hire||1,408|900| |Charitable activities|||| |||2020|2019| ||||6| |Staff costs||178,322|151,815| |Depreciation
and impairment||20,159|18,929| |General office costs||2,225|1,245| |Insurance||1,943|1,798| |Professional fees||1,291|2,442| |Pdinting,
post and stationery||1,997|2,225| |Project consultancy|work|263|18,348| |Building and project|repairs|3,438|4,394| |Subscriptions
and donations||396|668| |Telephone
and IT||5,287|2,575| |Utilities and ground|rent|1,670|3,378| |Venue hire||2,680|4,825| |General project costs||36,454|16,887| |Advertising||2,916|2,147| |Other staff costs||3,666|| |||262,707|231,676| |Share ofsupport costs (see note 7)|||35| |Share ofgovernance|costs (see note 7)|1,740|1,740| |||264,447|233,451| |Analysis
by fund
Unrestricted
funds||19,133|22,054| |Restricted funds||245,314|211,397| |||264,447|233,451| ## ## ## ## ## |The average|monthly
number ofemployees
during|the year was:|| |---|---|---|---| |||2020|2019| |||Number|Number| |Total staff|||| |Employment|costs|2020|2019| |||8|8| |Wages and salaries||160,108|136,735| |Social security costs||10,208|8,656| |Other pension costs||8,006|6,424| |||178,322|151,815| |0||CCC|N
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24| ## ## ## ## |||||||||||||||Movement|Movement|in funds|in funds|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Balance at|||Transfem||Balance at|||Incoming||Transfers|||Balance at|| ||||||1|August
2010||||1August||2019||resources||||31July 2020||| |||||||||E|6|||6|||6||6|||6| |Match funding|||||||3,434||(3,434)|||||||||||| |Enterprise|project||||||||||||||878||381|||1,259| ||||||||3,434||(3,434)||||||878||381|||1,259| |Match funding||||||||||||||||||||| |The
charity|||secured||funding
from||||Natural
Resources|||Wales||for|the 2018/19 financial||||year.
A|| |requirement|||of the|funding|||was for||the charity
to||match|fund|the grant awarded.||||The amount|||to be| |match funded|||was|designated
during 2017/18 and|||||||has been released||||in 2018/19||as the|grant funding||| |has now been received.||||||||||||||||||||| |Enterprise||project||||||||||||||||||| |Fund relates|||to income|||generated||regarding
the||enterprise
project -|||||a social|enterprise||set|up|to sell| |miscellaneous|||items||created by the||||local community||and|businesses.||||||||| |Analysis ofnet|assets between funds|||||||||||||||||||| |||||Unrestricted|||||Restricted||Total||Unrestricted|||Restricted||||Total| ||||||||funds||funds|||||funds|||funds|||| ||||||||2020||2020||2020||||2019||2019|||2019| ||||||||E||K|||6|||||f|||K| |Fund balances at||31||||||||||||||||||| |July 2020 are||||||||||||||||||||| |represented
by:||||||||||||||||||||| |Tangible assets|||||||4,693||148,807||153,500|||3,948||110,324|||114,272|| |Current assets/||||||||||||||||||||| |(liabilities)|||||||32,421||86,585||119,006|||7,246||62,054||||69,300| ||||||||37,114||235,392||272,506|||11,194||172,378|||183,572|| ## ## ## |

under non-cancellable
operating
leases, which fall due a|
s follows:|| |---|---|---| ||2020|2019| ||6|6| |Within one year|10,302|702| |Between two and five years|3,303|2,399| ||13,605|3,101| ##