2022-12-07-accounts - Canolfan Maerdy

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			Page
Report ofthe Trustees		1	to	2
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements		8	to	20
Detailed Statement ofFinancial Activities		21	to	22

		FO	R THE YEAR EN	DED 31 DECENIB	ER 2622
						2022	2021
				Unrestricted	Restricted	Total	Total
			Notes	fundsf	funds 5	funds 5	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies				3,483		3,483	5,905
Chadtable activities
Charitable activities				286,798	298,399	585,197	427,810
Other trading activities				437		437	280
Other income				26,410		26,410	56,739
Total				317,128	298,399	615,527	490,734
EXPENDITURE ON
Raising funds				2,251		2,251
Charitable activities
Charitable activities				281,806	248,927	530,733	367,233
Other				19,444		19,444	6,544
Total				303,501	248,927	552,428	373,777
NET INCOME				13,627	49,472	63,099	116,957
Transfers between	funds			(16,688)	16,688
Net movement in funds				(3,061 )	66,160	63,099	116,957
RECONCILIATION	OF FUNDS
Total funds brought	forward			226,302	60,162	286,464	169,507
TOTAL FUNDS CARRIED FORWARD				223,241	126,322	349,563	286,464

				FOR	THE YEAR ENDED 3	1 DECEMBER2822
					Notes	2022f	2021
Cash flows from	operating	activities
Cash generated from operations						80,314	125,389
Net cash provided	by operating		activities			80,314	125,389
Cash flows from	investing	activities
Purchase oftangible fixed assets						(17,772)	(76,179)
Sale oftangible fixed assets						999
Net cash used in	investing activiTies					(16,773)	(76,179)
Change in cash	and cash	equivalenbr		in the
reporting period						63,541	49,210
Cash and cash equivalents		at	the beginning
ofthe reporting	period					173,913	124,703
Cash and cash equivalents		at	the end	ofthe
reporfing period						237,454	173,913

RECONCILIATION	OF NE	T I	NCOME TO NET CASH FLOW FROM OPER	ATING ACTIV	ITIES
					2022	2021
					6	6
Net income forthe Activities)	reporting		period (as per the Statement of Financial		63,099	116,957
Adjustments for: Depreciation charges Loss on disposal offixed assets Increase in debtors					32,897 1,235 (14,054)	12,429 (10,420)
(Decrease)/increase	in creditors				(2,863)	6,423
Net cash provided by operations					80,314	125,389
ANALYSIS OF CHANGES		IN	NET FUNDS
				At 1.1.22 f	Cash flow	At 31.12.22 f.
Net cash
Cash at bank and in	hand			173,913	63,541	237,454
				173,913	63,541	237,454
Total				173,913	63,541	237,454

DONATIONS AND LEG	CIES
				2022	2021
				8	F
Donations				3,483	5,905
OTHER TRADING ACTIVITIES
				2022f	2021 8
Fundraising events				437	280
INCOME FROM CHARITABLE ACllVITIES
				2022	2021
		Activity			6
Child care		Charitable	activities	164,620	126,759
Room rental income		Charitable	activities		1,200
Cafe income		Charitable	activities	11,060	8,041
Grants		Charitable	activities	298,399	231,726
Flying start income		Charitable	activities	111,118	60,084
				585,197	427,810
Grants received, included	in the above, are as		follows:
				2022	2021
				6	F
NPTCBC Third Sector Core Grant				28,509	27,360
GCGCC Match Funding Celtic Energy Milk grant NPTCBC Childcare Strategy NPTCBC Community Transport				4,500 64	164 5,570 112,839
NPTCBC Childcare capital	grant				10,000
NPTCBC Food Poverty ICFWB Grant				3,381	8,241 3,125
Tesco Community Grant				1,000	2,000
WCVA Voluntary Recovery Fund					9,990
NPTCBC East Pit				10,000
NPTCBC Cwtch Grant					6,839
NPTCBC Play Grant NPTCBC Flying Start NPTCBC Summer ofFun				6,729	4,925 4,000 8,651
NPTCBC Playworks Holiday Project NPTCBC Children and Family				917	17,232 1,500
NPTCBC Youth fund				1,000	980
NPTCBC Rural Development		Plan			5,810
Arnold Clark					2,500
Canied forward				56,100	231,726

INCOME FROM CH	A	RI	TABLE AC	TIVITIES - continued
						2022	2021
						E
Brought forward						56,100	231,726
NPTCBCWinter ofWellbeing						8,235
NPTCBC RDP UAVCT Green Project						19,536
Street Games						2,964
CTA Household Support			Fund			31,000
Resilient Green Spaces Awards for All			Food Co-op			8,684 9,999
Aces Grant						19,980
Councillors Members		Calon Hearts				1,679
Councillors Members		Youth Training				3,666
Child Development	Fund					4,030
Hamper Grant						2,000
NPTCBC Comminity		Youth Training				16,434
East Pit Celtic Energy Community NPTCBC Food Poverty Warm Hub				Fund		880 2,303
Childcare Grant 21/22						2,500
WCVA LTDCS						39,982
WCVA - Resilience Funding NPTCBC UK Community Renewal				Fund		49,894 18,533
						298,399	231,726
RAISING FUNDS
Other trading activities
						2022	2021f
Bad debts						2,251
CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 7)	Totals
					6	6	6
Charitable activities					528,073	2,660	530,733
SUPPORT COSTS
							Support
							costs
							5
Charitable activities							2,660

Net income/(e	xpenditure) is stated after charging/(crediting):
		2022	2021
		5	E
Depreciation	-owned assets	32,897	12,428
Deficit on disposal offixed assets		1,235

		2022	2021
		8	8
Wages	and salaries	364,149	275,872
Social	security costs	17,259	9,204
Other	pension costs	5,594	3,701
		387,002	288,777

The ave	rage monthly number of employees during the	year was as follows:
		2022	2021
Management		6	5
Kitchen	staff	2	1
Nursery	staff	14	14
Office staff		2
Cleaning	staff	1
		25	21

			Unmstricted	Restricted	Total
			funds	funds	funds
			8	8	5
INCOME AND ENDOWMENTS		FROM
Donations	and legacies		5,905		5,905
Charitable	activities
Charitable	activiTies		196,084	231,726	427,810
Other irading activities			280		280
Other income			56,739		56,739
Total			259,008	231,726	490,734

NOTES TOTHE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022	NOTES TOTHE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022	NOTES TOTHE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022	NOTES TOTHE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
			Unrestricted	Restricted	Total
			fundsf	fundsf	fundsf
EXPENDITURE ON
Charitable activities
Charitable activities			137,771	229,462	367,233
Other					6,544
Total			144,315	229,462	373,777
NET INCOME			114,693	2,264	116,957
RECONCILIATION	OF FUNDS
Total funds brought forward			111,609	57,898	169,507
TOTAL FUNDS CARRIED FORWARD			226,302	60,162	286,464
TANGIBLE FIXEDASSETS
		Fixtures
		and	Motor	Computer
		fittings	vehicles f	equipment f	Totals f
COST
At 1 January 2022		44,887	89,308	33,023	167,218
Additions		298	16,836	638	17,772
Disposals			(5,295)		(5,295)
At 31 December 2022		45,185	100,849	33,661	179,695
DEPRECIATION
At 1 January 2022		23,101	18,661	11,992	53,754
Charge for year		5,521	21,871	5,505	32,897
Eliminated on disposal			(3,061)		(3,061 )
At 31 December 2022		28,622	37,471	17,497	83,590
NET BOOK VALUE
At 31 December 2022		16,563	63,378	16,164	96,105
At 31 December 2021		21,786	70,647	21,031	113,464
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				2022f	2021f
Trade debtors				21,150	18,887
Other debtors				8,250	57
Pmpayments				4,428	830
				33,828	19,774

					2022	2021
					6	E
Trade creditors					7
Social security and other	taxes				4,988	6,249
Other creditors					1,161	3,191
Accruals and deferred income					11,668	11,247
					17,824	20,687
MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
			At1.1.22	in funds	funds	31.12.22
					F	6
Unrestricted funds
General fund			226,302	13,626	(16,688)	223,240
Restricted funds
GCGCC Match Funding	Celtic	Energy		4,500		4,500
NPTCBC Food Poverty NPTCBC Community Transport NPTCBC Third Sector Core Grant			7,791 38,181 6,880	(7,791) (13,717) 249	16,688	41,152 7,129
NPTCBC East Pit				10,000		10,000
NPTCBC Children and Family			1,500	(1,500)
NPTCBC Rural Development		Plan	5,810	(5,810)
NPTCBC RDP UAVCT Green Project CTA Household Support Fund East Pit Celtic Energy Community Fund NPTCBC Food Poverty Warm Hub WCVA LTDCS				12,627 7,750 880 2,303 39,982		12,627 7,750 880 2,303 39,982
			60,162	49,473	16,688	126,323
TOTAL FUNDS			286,464	63,099		349,563

MOVEMENT IN FUNDS - continue	MOVEMENT IN FUNDS - continue	d
Net movement in funds, included in		the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
				6	E
Unrestricted funds
General fund			317,128	(303,502)	13,626
Restricted funds
GCGCC Match Funding Celtic NPTCBC Food Poverty	Energy		4,500 3,381	(11,172)	4,500 (7,791 )
Tesco Community Grant NPTCBC Community Transport NPTCBC Third Sector Core Grant			1,000 28,509	(1,000) (13,717) (28,260)	(13,717) 249
NPTCBC East Pit			10,000		10,000
Milk Grant			64	(64)
NPTCBC Summer ofFun			6,729	(6,729)
NPTCBC Playworks Holiday Project NPTCBC Children and Family			917	(917) (1,500)	(1,500)
NPTCBC Youth fund			1,000	(1,000)
NPTCBC Rural Development	Plan			(5,810)	(5,810)
NPTCBC Winter ofWellbeing			8,235	(8,235)
NPTCBC RDP UAVCT Green	Project		19,536	(6,909)	12,627
Skeet Games			2,964	(2,964)
CTA Household Support Fund Resilient Green Spaces Food Awards for All	Co-op		31,000 8,684 9,999	(23,250) (8,684) (9999)	7,750
Aces Grant			19,980	(19,980)
Councillors Members Calon Hearts			1,679	(1,679)
Councillors Members Youth Training			3,666	(3,666)
Child Development Fund			4,030	(4,030)
Hamper Grant			2,000	(2,000)
NPTCBC Comminity Youth Training			16,434	(16,434)
East Pit Celtic Energy Community NPTCBC Food Poverty Warm Hub		Fund	880 2,303		880 2,303
Child care Grant 2I/22			2,500	(2,500)
WCVA LTDCS			39,982		39,982
WCVA - Resilience Funding NPTCBC UK Community Renewal		Fund	49,894 18,533	(49,894) (18,533)
			298,399	(248,926)	49,473
TOTAL FUNDS			615,527	(552,428)	63,099

Comparatives for movement	in funds
			Net
			movement	At
		At 1.1.21	in funds f	31.12.21 8
Unrestricted funds
General fund		111,609	114,693	226,302
Restricted funds
NPTCBC Celtic Energy fund		400	(400)
NPTCBC Childcare Capital Grant		539	(539)
ICFWB GRANT		1,008	(1,008)
Carmarthenshire CAVS		631	(631)
NPTCBC Food Poverly		3,355	4,436	7,791
Myndd YBetws Wind farm		750	(750)
Perthigwynioin Emergency		68	(68)
WCVA Voluntary Recovery Fund		35,030	(35,030)
NPTCBC VSEF		200	(200)
NPTCBC Community Transport			38,181	38,181
NPTCBC Third Sector Core Grant		10,415	(3,535)	6,880
NPTCBC East Pit		5,502	(5,502)
NPTCBC Children and Family			1,500	1,500
NPTCBC Rural Development	Plan		5,810	5,810
		57,898	2,264	60,162
TOTALFUNDS		169,507	116,957	286,464

MOVEMENT IN FUNDS - co	nt	inued
Comparative net movement	in	funds, induded	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				5
Unrestricted funds
General fund				259,008	(144,315)	114,693
Restricted funds
NPTCBC Celtic Energy fund					(400)	(400)
NPTCBC Childcare Strategy NPTCBC Childcare Capital Grant				5,570 10,000	(5,570) (10,539)	(539)
.ICFWB GRANT				3,125	(4,133)	(1,008)
Carmarthenshire CAVS					(631)	(631)
NPTCBC Food Poverty				8,241	(3,805)	4,436
Tesco Community Grant				2,000	(2,000)
Myndd YBetws Wind farm					(750)	(750)
Perthigwynioin Emergency					(68)	(68)
WCVA Voluntary Recovery Fund				9,990	(45,020)	(35,030)
NPTCBC VSEF					(200)	(200)
NPTCBC Community Transport				112,839	(74,658)	38,181
NPTCBC Third Sector Core	Grant			27,360	(30,895)	(3,535)
NPTCBC East Pit					(5,502)	(5,502)
Milk Grant				164	(164)
NPTCBC Cwtch Grant				6,839	(6,839)
NPTCBC Play Grant				4,925	(4,925)
NPTCBC Flying Start NPTCBC Summer of Fun				4,000 8,651	(4,000) (8,651 )
NPTCBC Children and Family				18,732	(17,232)	1,500
NPTCBC Youth fund				980	(980)
NPTCBC Rural Development		Plan		5,810		5,810
Arnold Clark				2,500	(2,500)
				231,726	(229,462)	2,264
TOTAL FUNDS				490,734	(373,777)	116,957

A current year 12 months	and prior	combined	position	isas follows:
				Net	Transfers
				movement	between	At
		At	1.1.21	in funds	funds	31.12.22
			F	6	6	E
Unrestricted funds
General fund		111,609		128,319	(16,688)	223,240
Restricted funds
NPTCBC Celtic Energy GCGCC Match Funding	fund Celtic Energy		400	(400) 4,500		4,500
NPTCBC Childcare Capital Grant			539	(539)
ICFWB GRANT			1,008	(1,008)
Carmarthenshire CAVS			631	(631)
NPTCBC Food Poverty			3,355	(3,355)
Myndd YBetws Wind farm			750	(750)
Perthigwynioin Emergency			68	(68)
WCVA Voluntary Recovery Fund			35,030	(35,030)
NPTCBC VSEF			200	(200)
NPTCBC Community Transport NPTCBC Third Sector Core Grant			10,415	24,464 (3,286)	16,688	41,152 7,129
NPTCBC East Pit			5,502	4,498		10,000
NPTCBC RDP UAVCT Green Project CTA Household Support Fund East Pit Celtic Energy Community Fund NPTCBC Food Poverty Warm Hub				12,627 7,750 880 2,303		12,627 7,750 880 2,303
WCVA LTDCS				39,982		39,982
			57,898	51,737	16,688	126,323
TOTAL FUNDS		169,507		180,056		349,563

	2022	2021
	6	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations	3,483	5,905
Other trading activities
Fundraising events	437	280
Charitable activities
Child care	164,620	126,759
Room rental income		1,200
Cafe income	11,060	8,041
Grants	298,399	231,726
Flying start income	111,118	60,084
	585,197	427,810
Other income
Sundry income	26,410	43,245
Coronavirus Job Retention		13,494
	26,410	56,739
Total incoming resources	615,527	490,734
EXPENDITURE
Other trading activities
Bad debts	2,251
Charitable activities
Wages	364,149	217,474
Social security	17,259	9,204
Pensions	5,594	3,701
Rates and water	1,143	3,437
Light end heat	17,895	8,934
Telephone	1,681	1,612
Postage and stationery	2,809	2,017
Advertising	461	10
Sundries	1,521	3,213
Cost ofsales	20,579	10,628
Repairs and renewals	6,627	4,252
Cleaning and waste disposal	5,201	2,859
Activities and consumables	36,235	10,444
Subscription	1,224	937
Payroll costs	1,419	1,685
Sundry Expenses	5	31
Insurance	3,978	2,638
Security	3,923	4,144
Travel expenses	3,473	6,801
Depn offixtures and fiMngs	5,521	6,817
Motor vehicles	21,871	5,260
Computer equipment	5,505	352
	528,073	306,450

		DETAILED STATEMENT OF FINANCIAL ACTIVITIES
		FORTHE YEAR ENDED 31 DECEMBER 2022
			2022f	2021
Charitable activities
Other
Staff training			6,621	603
Pest control			330	270
Vehicle fuel			3,123	1,428
Motor licences and insurance			1,786	2,890
Motor repairs and servicing			6,267	1,208
Bank charges			82	145
Loss on sale of	tangible fixed assets		1,235
			19,444	6,544
Support costs
Management
Wages				58,398
Supportcosts
Accountancy fees			2,660	2,385
Totalresources	expended		552,428	373,777
Net income			63,099	116,957