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2021-07-31-accounts

Page
Chairman's statement 1-2
Trustees' report 3-11
Statement oftrustees' responsibilities 12
Independent
examiner's
report 13
Statement offinancial activities 14
Balance sheet 15
Statement ofcash flows 16
Notes to the financial statements 17-31

young ad ults,
and the poorest
in the community
d
escribe a sense ofdisco
The way we work Our values
YRP will be a catalyst for positive change by.' Openness
Honesty
Facilitating Collaboration
Enabling
Connecting
Integrity
Cooperation
Involving Inclusive
Engaging

Economic Economic development development development development and sustainable and sustainable and sustainable and sustainable income income generation
Key Objective Interventions Source of Who when Key information
funding
Development
of
land
at the
Lady
Windsor
site
Work
with
RCTCBC on the
development
o
TBC YRP Ongoing Consult
with
community
on
potential
use ofsite.
Community asset an Asset
transfer from the Transfer of the
I ocal Authority to land
to
develop
YRP. a nature reserve
Development
potential
and Work
with
local
GPs
to
CYS
funding
Lottery Work with University
of South
Wales
to
purchase
of
at local GP's
land
site
understand
explore
and potential
contribution
develop
around
proposals
use of site.
conditions o from 6250K Ensure
site to development
o
determine young person' s
viability for social
enterprise
at
potential young ATC hut and Health
people venue and Well-being
and
community
Engine house
hub
Services for child ren and young people
Support
Friends
of Butchers
Pool
Work
Friends
with
o
Friends
Butchers
of
pool
Friends
Butchers
o
pool
ongoing Ensure
working
strong
partnership
in
delivery
of Butchers pool to undertake and YRP established
with
paddling pool identify funding ongoing Friends of Butchers
services to deliver fundraising pool
and
RCTCBC.
paddling pool locally to fund Children, young
p I'0 vis lo n pooi people and
their
annually milies can
continue to access
this service.
Support Butchers
pool
to
develop
a
funding
strategy and
identify
new sources
of funding

An Enterpdising Enterpdising Enterpdising Ensure the Explore various various YRP Funding
ending
Dec
Future continued trusts for 21.
Review
and
delivery of a continuation consult
with
young
quality service funding people.
Wider
for children and community
and
young
people
in
Ynysybwl
and
Glyncoch
Paul
Hamlyn
Foundation
F30K
partners
to build
on
and
secure
further
funding
for services
for young people
Youth Provision Work with CIN YEP, YRP annual Strong
partnership
Ynysybwl
Enterprise
ft0k Funding established
with
YEP
linking
young
Partnership
(YEPj
facilitate
to
CIN
per
secured
another
annum
for
3 years
people
with
activities
for
the
festival
funded
provision
Ynysybwl
youth
in
by YEP To work with YEP to
identify
alternative
funding
fo
continuation
of
youth provision
Upcycle —Social Work with Funding to TBC YRP ongoing Develop
social
Enterprise in community to enterprise
as
a
partnership with develop volunteer
led
Pontypridd High Upcycle as a project.
School volunteer Led
RCTCBC project
recycling dept
Health and well being
Visitor centre at Support the Income YRP, ongoing Strong
partnership
St Gwynno development o generation from Daerwynno working
to promote
forestry volunteer cafe sales and
increase
green
management travel
of
local
committee to people
in
the
run centre WCVA y20K forestry
and
surrounding
areas.
Employ Visitor
centre
to
Volunteer become
a
self-
coordinator
develop
volunteers
to sustaining
social
enterprise
with
the
aim of creating
local
employment,
training
and access
to
health
and
well-
being
as well as a
tourist venue.

Trails and paths—
sign posting
Work
with
Walk
&
Talk
Pony
Trails and paths—
sign posting
Work
with
Walk
&
Talk
Pony
Trails and paths—
sign posting
Work
with
Walk
&
Talk
Pony
Trails and paths—
sign posting
Work
with
Walk
&
Talk
Pony
Trails and paths—
sign posting
Work
with
Walk
&
Talk
Pony
CYS
funding
Lottery YRP,
and
trails
paths
Ongoing To
instal
way
markers
and
To
instal
way
markers
and
club,
Robbie
gl'oup promote
the
routes
Roadrunners, to wider community.
Daerwynno,
mountain
bikers.
Signposting o
three
routes
in
the forestry
BeActive —health Funding Healthy Active YRP ongoing Health
&
wellbeing
and well-being extended fund continues to be an
project through
HAF
to emerging theme.
continue
provision for
another
year
from
2022
March 2023
Promotion and communication
Digital plafform To enhance an Moondance YRP, other ongoing Long term aim is to
and digital online
presence
Foundation groups to host ensure
all
the work
sUpport that connects all funding secured and maintain of the
organisation
elements
of
the —812,500 a page is
interconnected
project
promote
Ynysybwl
as
to
a
Explore
alternative
and
offers
experience
individuals
the
best
to
for
tourist attraction funding improved access to
all services.
To
upskill
Continue
to horizon
community
members
to
access services
scan
for
funding
opportunities
online

consult, and engage
with the w
The Trustees

ider community
to further develop and deliver a 'Vision for the Valley. '

ider community
to further develop and deliver a 'Vision for the Valley. '
Chairperson:
Barbara Castle
Community
Regeneration
consultant;
Director ofCREW and over 30
OBE years' experience of community
development
and working
in the housing
sector.
Trustee: Clive Thomas ITConsultant
and Chair of Friends ofButchers Pool
Trustee: Arfon Williams Chair ofthe Royal British Legion local branch; former armed Senior Non-
Commissioned
Officer and Director ofa Welsh veterans'
charity;
Trustee: Jill Price Former Deputy head teacher at the Village infants' school, Honorary
Secretary of Daerwynno
Outdoor Activity Centre for 25 years and has
been a Community
Councillor
Trustee: Sue Pickering County Borough Councillor, a former researcher
and office manager
to
an Assembly
Member.
Secretary; Steve Curry Community
Regeneration
consultant
and Charity CEO with over 20
years' experience ofworking
in community
development
and the housing
sector.
Trustee: Elaine Hicks Roberttown
Road Runners,
Friends ofButchers Pool. 30years'
experience ofworking
in the NHS and as a local councillor
in the
Caerphilly
Borough.

Reference Reference and administrative and administrative and administrative details
Charity name Ynysybwl
Regeneration
Partnership
Chadity number 1126105
Company number 05505791
Registered office 20 Windsor Place
Ynysybwl
Pontypridd
Mid Glamorgan
CF37 3HR
Trustees Barbara Castle DBE
Cllr Susan Pickering
Jill Price
Clive Thomas
Arfon Williams
Gwenfron
Hicks
Key management personnel Louisa Addiscott - Create Your Space Programme Manager
Company secretary Stephen
Curry
Bankers Lloyds Bank
25 Gresham
Street
London
EC2V 7HN
Independent examiners Azets Audit Service
Ty Derw
Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
Notes E' E E E E
Igggm~fro
Donations
and legacies
Charitable
activities
Other trading
activities
3
4
5
5,776
10,047
817
519,268 5,776
529,315
817
9,407
16,980
1,408
325,586 9,407
342,566
1,408
Total income 16,640 519,268 535,908 27,795 325,586 353,381
RKupgtIIture on
Charitable
activities
6 12,584 380,607 393,191 19,133 245,314 264,447
Net incoming
resources
before
transfers 4,056 138,661 142,717 8,662 80,272 88,934
Gross transfers
between
funds
7,580 (7,580) 17,258 (17,258)
Net income for the year/
Net movement in funds 11,636 131,081 142,717 25,920 63,014 88,934
Fund balances at 1
August 2020 37,114 235,392 272,506 11,194 172,378 183,572
Fund balances at 31
July 2021 48,750 366,473 415,223 37,114 235,392 272,506

2021 2020
Notes E E E
Fixed assets
Tangible assets 10 295,141 153,500
Current assets
Debtors 5,628 1,881
Cash at bank and in hand 122,836 124,085
128,464 125,966
Creditors: amounts falling due within
one year 12 (8,382) (6,960)
Net current assets 120,082 119,006
Total assets less current liabilities 415,223 272,506
Income funds
Restricted funds 13 366,473 235,392
Unrestricted
funds
Designated
funds
14 3,248 1,259
General
unrestricted
funds 45,502 35,855
48,750 37,114
415,223 272,506

Notes 2021
f
2020
f
Cash flows from operating activities
Cash generated from operations 18 163,759 80,581
Investing
activities
Purchase oftangible
fixed assets
(165,008) (59,386)
Net cash used in investing activities (165,008) (59,386)
Net cash used in financing activities
Net (decrease)/increase
in
cash and cash
equivalents (1,249) 21,195
Cash and cash equivalents at beginning ofyear 124,085 102,890
Cash and cash equivalents at end of year 122,836 124,085

Unrestricted Unrestricted
funds funds
2021 2020
6
5,776 9,407

2021 2020
8 6
Enterprise
income
5,047 878
Grants 524,268 341,688
529,315 342,566
Analysis
by fund
Unrestricted
funds
10,047 16,960
Restricted funds 519,268 325,586
529,315 342,566
Big Lottery Fund 344,469 263,654
Natural
Resources Wales
10,688
BBCChildren
in Need
2,420 4,431
Butchers Pool 1,631
Interlink
RCT
32,170 16,973
Merthyr
Tydfil County Borough Council
31,673 4,288
Merthyr
Tydfil Voluntary
Council 500
Rhondda
Cynon Taff County Borough
Council 55,000 10,300
Wales &West Housing Association 1,920
Ynysybwl
&CoedyCwm
Community Council 800
People and Work Unit 8,062 6,750
WCVA 13,433
Moondance
Foundation
12,500
Rank Foundation 24,541 19,753
524,268 341,688
Other trading activities
Unrestricted Unrestricted
funds funds
2021f 2020
5
Venue hire and sundry 817 1,408

2021 2020
6 6
Staff costs 191,308 178,322
Depreciation and impairment 23,367 20,159
General office costs 15,619 2,225
Insurance 3,699 1,943
Professional fees 15,272 1,291
Printing,
post and stationery
936 1,997
Project consultancy work 263
Building and project repairs 2,310 3,438
Subscriptions and donations 261 396
Telephone
and IT
6,945 5,287
Utilities and ground rent 13,391 1,670
Venue hire 2,680
General project costs 110,863 36,454
Advertising 2,711 2,916
Other staff costs 5,009 3,666
391,691 262,707
Share ofgovernance costs (see note 7) 1,500 1,740
393,191 264,447
Analysis
by
fund
Unrestricted funds 12,584 19,133
Restricted funds 380,607 245,314
393,191 264,447

The average monthly
number ofemployees
during
the year was:
2021 2020
Number Number
Total staff
Employment costa 2021 2020
E
Wages and salaries 172,158 160,108
Social security costs 10,786 10,208
Other pension costs 8,364 8,006
191,308 178,322
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Amounts
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Trade debtors 5,628
Other debtors 1,881
5,628 1,881
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2021 2020
2 6
Other taxation and social security 2,534 3,329
Trade creditors 2,135 705
Other creditors 1,973 1,186
Accruals and deferred income 1,740 1,740
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Movement in funds Movement in funds
Incoming Transfem Balance at Incoming Transfers Balance at
resources 1 August 2020 resources 31July 2021
E E E E E E
878 381 1,259 5,048 (3,059) 3,248
878 381 1,259 5,048 (3,059) 3,248

Analysis of net assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
E. E E E E E
Fund balances at 31
July 2021 are
represented by:
Tangible assets 8,322 286,819 295,141 4,693 148,807 153,500
Current assets/
(liabilities) 40,428 79,654 120,082 32,421 86,585 119,006
48,750 366,473 415,223 37,114 235,392 272,506