Company Number
7595694
Charlty Number
1144202
PRESTEIGNE YOUTH PROJECT LIMITED
(A company limlted by guarantee and not havlng a share capltal)
REPORT OF THE DIREcfoRS &
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31" March 2025
Page | I

. PRESTEIGNE YOUTH PROJE￿ LIMITED
(A company limsted by guarantee and not havin8 a share capltall
'CONTENTS OF THE FINANCIAL STATEMENTS
For the Year Ended 31" March 2025
Company Informatlon
Page 2
Report of the Trustees
Page 3
Income and Expendlture Account
Page 4
Balance Sheet
Page 5
Notes to the flnanclal statements
Page 6
Inspectorfs report
Page 7
COMPANY INFORMATION
For the Year Ended 31" March 2025
Re8lstered Charlty Name:
Presteigne Youth Project Limited
Trustees: the trustees, who are a150 dlrectors
for the purposes of company law, who served
during the year were as follows:
Mrs D M King, OBE
Ms C E Powell
T S Wells
Secretary:
Mrs D M Klng, OBE
Company Number:
7595694
Charlty Number;
1144202
Prlnclpal Offlce:
The Cotta8e,
5cottleton Street,
Presteigne,
Powys
LD8 2BL
Pagel 2

PRESTEIGNE YOUTH PROJECT LIMITED
(A company limited by guarantee and not havlng a share capltal)
REPORT OF THE DIREcfoRS
For the Year Ended 31" March 2025
The trustees of the Charity, (who are also directors of Prestelgne Youth Project Limited for the purposes of company law),
present their report with the financial statements of the company for the year ended 31" March 2025.
The company is incorporated as a company limited byguarantee and not having a share capltal and istherefore governed
by its memorandum and articles. The liability of its members is limited by its Articles of Association.
The charity's objects areto advance in life and help young people who live in Presteigne and the surrounding area through:
(l) The provision of recreational and leisure time activities provided In the interest of social welfare, designed to
improve their conditions of life.
{21 Providing support and actlvities which develop their skills, capacities and capabilities to enable them to participate
in society as mature and responsible individuals.
PRINCIPAL ACTIVITIES
The principal artivity of the company is the provision and maintenance of a youth centre and all associated actlvltles.
FINANCIAL REVIEW
The results forthe year are set out on page 3, There ha5 been substantial expenditure on refurblshment and maintenance
of the building made possible with receipt of 8rants from National Lottery and Wales government. Work will continue
into the next financial year and so there are reserved funds of £12370. The trustees considerthat the unreserved balance
on the Accumulated Fund, an aggregate surplus on 31, March 2025 of £6824 achieved on the activities of the company
to that date is adequate and the present level of funding Is adequate to support the regular planned activlties of the
company. Further external funding will be needed to continue with bullding Improvements, Trustees have agreed to
amend the financlal year to be I, April through to 31, March, also to move from accruals to cash based accounting wlth
effect from the start of thi5 year of accounting.
DIRECTORS
The trustees who are also directors named on page two served durlng the year.
SMALL COMPANY RULES
Thls report has been prepared in accordance with the special provisions for small Companles under Part 15 of the
Companies Act 2006.
Signed on behalf
the board
T. g uZLL.£
Director
Date
Page13

PRESTEIGNE YOUTH PROJECT LIMITED
(A company limited by guarantee and not havfng a share capital)
STATEMENT OF FINANCIAL ACTIVITIES
For the Year Ended 31" March 2025
2025
2024
INCOME
Hall Hire Income
Town Council Grant lannuall
Gift Aid
Grants (not annuall
Membership Subscriptions
Donations
Youth club income Isubscriptlons and calél
Miscellaneou5 5ncome
Café Takings
TOTAL INCOME
5927
iooo
6177
iooo
26484
loo
199
427
237
33838
7476
DIRECT EXPENSES
Café Stocking Cost5
Computer Set Up Costs
Youth workers
Licences- PPL and PRS
Trip5 and Events
Equipment
Misc youth club expenditure
TOTAL DIREcf EXPENSES
138
30
1385
170
1400
521
125
1723
2046
TOTAL SURPLUS OVER DIRECT EXPENSES
32115
5430
INDIREcf EXPENSES
Insurances
Electricitv
Cleanlng
Miscellaneous
Broadband
Funded improvements
Water
Office Costs
Building Maintenance
Equipment
Bank Charges
TOTAL INDIREcf EXPENSES
1526
2078
755
1486
2170
320
2559
338
352
14115
261
206
250
346
64
7,526
72
19746
14476
SURPLUS (LOSS) FOR YEAR
12369
-9247
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised
gains and losses has not been prepared. All of the above amounts relate to contlnuing activltles. The accounts for 2025
have been prepared on a cash basis.
Page14

PRESTEIGNE YOUTH PROJEcf LIMITED
(A company limited by guarantee and not havlng a share capltal)
BALANCE SHEEr
As at 31" March 2025
2025
2024
Flxed assets
Current assets
Debtor5
Cash at Bank and PYC
Prepayments
Total assets
310
6825
19194
19194
7135
Current Llabilities
Credit notes held by hirers
Hlre fees received in advance
Credltors: amounts due within one year
Total Ilabllltles
-1831
-1831
Total assets less current liabllitles
19194
5304
Capltal and reserves
General reserves brought forward
Income and Expenditure Account
6824
14588
12370
-9247
19194
12370
5341
Reserved Donations
Total reserves carrled lonvard
6824
5341
For the year endln8 31" March 2025, the company was entltled to exemptlon from audlt under sectlon 477 of the
Companies Act 2006 (the "ACV'I relating to small companies. The members have not required the company to obtain an
audit of its accounts for the year in question in accordance with section 476 of the Act.
The trustees acknowledgetheir responsibilities for complying with the requlrements of section 386 ofthe Act wlth respect
to accounting records and the preparation of accounts,
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small
companies, regime. These flnancial statements have been prepared In accordance w5th the speclal provlslons of the Act
relating to small companies and the Financial Reporting Standard for Smaller Entitles {effectlve January 2015) and were
approved by the board on 19 D
er
I b-ÈLK
Date: *January 2026
nd signed on its
ehal
Dlrector
The notes oft po9e 6form part ol thestfvnoneiol stotements.
Page | 5

PRESTEIGNE YOUTH PROJECT LIMITED
(A company Ilmlted by guarantee and not havlng a share capltal)
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31" March 2025
I. ACCOUNTING POLICIES
Basls of Accounting
The financial statements have been prepared under the cash basis convention and include the results of the company's
operations which are described in the Directors, Report and all of which are Contlnulng. The financial statements have
been prepared with the Financial Reporting Standard for Smaller Entities (effective January 20151.
Value Added Tax Is not recoverable by the company, and a5 such is included in costs in the Statement of Flnancial
Activitles.
2. SHARE CAPITAL
The company is limited by guarantee without a share capital. Every member of the company undertakes to contribute
such amounts not exceeding £1 as may be required to the compan¢s assets if it be wound up while they are a member
or within one year after they cease to be a member, for payment of the company's debts and liabllities contracted before
they cease to be a member and the costs, char8es and expenses of winding up, and for the adjustments of the rights of
the contributories themselves.
3. INCOMING RESOURCES AND RESTRicfED FUNDS
Any restricted incoming resources are accounted for separately. The respective balances on restricted and unrestricted
funds are as follows;
2025
2024
Restrlcted Income Funds
Unrestricted Income Funds
Total Funds
12370
6824
19194
5341
5341
Pagel 6

PRESTEIGNE YOUTH PROJECT LIMITE[)
(A company Ilmited by guarantee and not havlng a share capltal)
Report to the members on the unaudited accounts
Year ended 31" March 2025
I have inspected the accounts for the year ending 31, March 2025 and, in my opinion, they meet the bookkeeping
requlrements set out in the Companies Act of 2006 section 386.
The records show and explain the business transactions for the period and accurately disclose the financial position of
the company at the said date.
Name:
Date:
Pagel 7