REGISTERED COMPANY NUMBER: 07872629 (England and Wales) REGISTERED CHARITY NUMBER: 1147865
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FOR
CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA
CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
| Page | ||
|---|---|---|
| Report of the Trustees | 1 to | 2 |
| Independent Examiner's Report | 3 | |
| Statement of Financial Activities | 4 | |
| Balance Sheet | 5 to | 6 |
| Notes to the Financial Statements | 7 to | 15 |
| Detailed Statement of Financial Activities | 16 to | 17 |
CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objectives are:
-
to further or benefit the residents of Ystradowen and the surrounding area;
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to advance education;
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to provide facilities in the interests of social welfare for recreation leisure time occupation; and
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to improve the condition of life for the residents
Significant activities
In the short time I have been Chair, the world has been hit with this pandemic. It affects even the smallest villages. The lonely and vulnerable. What makes it amazing is that there are so many people willing to put themselves at risk and help others making sure they have food delivered and a little chat and some comfort.
Our Drivers not only deliver but take people shopping/doctors, dentist and eye appointments along with picking up from schools. In fact whatever the community needs are.
Our kitchen staff work amazing to make a wondrous/tasty meals over the six days (but can supply a 7th if required).
Our Community support officer works her socks off. Doing more than some would by overseeing the whole of the work done at the Centre.
As for the volunteers/trustees they put all they can into the Centre and go over and above.
Thank you to all the staff, volunteers, and trustees for the great work they do.
FINANCIAL REVIEW
Financial position
The Charity's income has increased during the year to £150,157 (2020: £137,909).
Expenditure has increased on last year to £94,234 (2020: £134,656). At the year end the charity had general reserves of £83,862 (2020: £97,961)
The Board continues to review reserves held, ensuring that reserve levels are appropriate and up to date.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a charitable company limited by guarantee and is governed by its Memorandum and Articles of Association.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07872629 (England and Wales)
Registered Charity number
1147865
Registered office
38 New Road Ystradowen Carmarthenshire SA9 2YY
Page 1
CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
Trustees
D Belcher Retired Re Ms R Oliver Deceased Retired Ms M Thomas Retired E Williams Retired T W Addey Manager (resigned 22.6.21) Ms D Jones Retired Mrs D Grove Retired
Independent Examiner
Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. D Belcher - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
Independent examiner's report to the trustees of Canolfan Gymunedol Ystradowen Community Centre Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Henry Lloyd Davies Institute of Chartered Accountants in England and Wales Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA Date: .............................................
Page 3
CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 1,743 Charitable activities Minibus 1,004 Lunch Club - Community Centre 64,037 Investment income 2 4 Total 66,788 EXPENDITURE ON Raising funds - Charitable activities Minibus 2,506 Lunch Club - Community Centre 10,807 Total 13,313 NET INCOME 53,475 RECONCILIATION OF FUNDS Total funds brought forward 99,875 TOTAL FUNDS CARRIED FORWARD 153,350 |
Restricted funds £ - 34,419 - 48,951 - 83,370 - - - 80,921 80,921 2,449 9,553 12,002 |
2021 Total funds £ 1,743 35,423 - 112,988 4 150,158 - 2,506 - 91,728 94,234 55,924 109,428 165,352 |
2020 Total funds £ 10,771 49,478 18,568 58,841 251 |
|---|---|---|---|
| 137,909 262 28,006 9,667 96,721 |
|||
| 134,656 | |||
| 3,253 106,175 |
|||
| 109,428 |
The notes form part of these financial statements
Page 4
CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
BALANCE SHEET 31 MARCH 2021
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 7 66,539 Investments 8 5,000 71,539 CURRENT ASSETS Debtors 9 1,158 Cash at bank and in hand 82,817 83,975 CREDITORS Amounts falling due within one year 10 (2,164) NET CURRENT ASSETS 81,811 TOTAL ASSETS LESS CURRENT LIABILITIES 153,350 NET ASSETS 153,350 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - - - 12,002 12,002 - 12,002 12,002 12,002 |
2021 Total funds £ 66,539 5,000 71,539 1,158 94,819 95,977 (2,164) 93,813 165,352 165,352 153,350 12,002 165,352 |
2020 Total funds £ 76,163 5,000 81,163 1,116 29,506 30,622 (2,357) 28,265 109,428 109,428 99,875 9,553 109,428 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
BALANCE SHEET - continued 31 MARCH 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. D Belcher - Trustee
The notes form part of these financial statements
Page 6
CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
The charity constitutes a public benefit entity as defined by FRS 102.
Preparation of the accounts on a going concern basis
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income from the Cafe is recognised at the point of sale.
Donations, are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Improvements to property - 25% reducing balance Motor Vehicles - 25% reducing balance Equipment - 25% reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES - continued
Fund accounting
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the Charity's activities.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Legal status of the Charity
The Charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
Page 8
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
2. INVESTMENT INCOME
3.
| Income from investments Back lane interest NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2021 2020 £ £ - 249 4 2 4 251 2021 2020 £ £ 9,624 12,499 |
2020 £ 249 2 |
|---|---|---|
| 251 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Centre staff No employees received emoluments in excess of £60,000. Average number of employees for the year was 5. 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 10,771 Charitable activities Minibus 13,876 Lunch Club 18,568 Community Centre 36,488 Investment income 249 Total 79,952 EXPENDITURE ON Raising funds 262 |
2021 - Restricted funds £ - 35,602 - 22,353 2 57,957 - |
2020 5 Total funds £ 10,771 49,478 18,568 58,841 251 |
|---|---|---|
| 137,909 262 |
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
| 6. | COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL | ACTIVITIES - continued | ACTIVITIES - continued | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| £ | £ | £ | |||||
| Charitable activities | |||||||
| Minibus | 28,006 | - | 28,006 | ||||
| Lunch Club | 9,667 | - | 9,667 | ||||
| Community Centre | 48,319 | 48,402 | 96,721 | ||||
| Total | 86,254 | 48,402 | 134,656 | ||||
| NET INCOME/(EXPENDITURE) | (6,302) | 9,555 | 3,253 | ||||
| Transfers between funds | 69,607 | (69,607) | - | ||||
| Net movement in funds | 63,305 | (60,052) | 3,253 | ||||
| RECONCILIATION OF FUNDS | |||||||
| Total funds brought forward | 36,570 | 69,605 | 106,175 | ||||
| TOTAL FUNDS CARRIED FORWARD | 99,875 | 9,553 | 109,428 | ||||
| 7. | TANGIBLE FIXED ASSETS | ||||||
| Improvements | |||||||
| Freehold | to | Motor | |||||
| property | property | Vehicles | Equipment | Totals | |||
| £ | £ | £ | £ | £ | |||
| COST | |||||||
| At 1 April 2020 and | |||||||
| 31 March 2021 | 50,000 | 39,491 | 50,974 | 19,523 | 159,988 | ||
| DEPRECIATION | |||||||
| At 1 April 2020 | 8,333 | 28,437 | 31,435 | 15,620 | 83,825 | ||
| Charge for year | 1,000 | 2,764 | 4,885 | 975 | 9,624 | ||
| At 31 March 2021 | 9,333 | 31,201 | 36,320 | 16,595 | 93,449 | ||
| NET BOOK VALUE | |||||||
| At 31 March 2021 | 40,667 | 8,290 | 14,654 | 2,928 | 66,539 | ||
| At 31 March 2020 | 41,667 | 11,054 | 19,539 | 3,903 | 76,163 |
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
8. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | |
|---|---|
| Unlisted | |
| investments | |
| £ | |
| MARKET VALUE | |
| At 1 April 2020 and 31 March 2021 | 5,000 |
| NET BOOK VALUE | |
| At 31 March 2021 | 5,000 |
| At 31 March 2020 | 5,000 |
There were no investment assets outside the UK.
| 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Accrued expenses 11. MOVEMENT IN FUNDS At 1.4.20 £ Unrestricted funds General fund 97,961 Designated kitchen spend 1,914 99,875 Restricted funds Lottery 7,553 Grant funded projects in the year 2,000 Wales Resilience Fund - 9,553 TOTAL FUNDS 109,428 |
2021 £ 1,158 2021 £ 364 1,800 2,164 Net movement in funds £ 53,475 - 53,475 - - 2,449 2,449 55,924 |
2020 £ 1,116 2020 £ 623 1,734 2,357 At 31.3.21 £ 151,436 1,914 |
2020 £ 1,116 |
|---|---|---|---|
| 2020 £ 623 1,734 |
|||
| 2,357 | |||
| 153,350 7,553 2,000 2,449 |
|||
| 12,002 | |||
| 165,352 |
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Lottery Tesco Moondance Foundation Grants WCVA Emergency Fund Grants Wales Resilience Fund CAVS Powys Vol CC Minibus Main Grants TOTAL FUNDS |
Incoming resources £ 66,788 3,601 2,000 33,952 6,649 5,000 920 430 30,818 83,370 150,158 |
Resources Movement expended in funds £ £ (13,313) 53,475 (3,601) - (2,000) - (33,952) - (6,649) - (2,551) 2,449 (920) - (430) - (30,818) - (80,921) 2,449 (94,234) 55,924 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Designated kitchen spend Restricted funds Back Lane Capital Lottery Grant funded projects in the year TOTAL FUNDS |
At 1.4.19 £ 34,017 2,553 36,570 4,215 65,390 - - 69,605 106,175 |
Net movement in funds £ (5,663) (639) (6,302) 2 - 7,553 2,000 9,555 3,253 |
Transfers between funds £ 69,607 - 69,607 (4,217) (65,390) - - (69,607) - |
At 31.3.20 £ 97,961 1,914 |
|---|---|---|---|---|
| 99,875 - - 7,553 2,000 |
||||
| 9,553 | ||||
| 109,428 |
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated kitchen spend Restricted funds Back Lane Lottery Grant funded projects in the year TOTAL FUNDS |
Incoming resources £ 79,952 - 79,952 2 7,553 50,402 57,957 137,909 |
Resources Movement expended in funds £ £ (85,615) (5,663) (639) (639) (86,254) (6,302) - 2 - 7,553 (48,402) 2,000 (48,402) 9,555 (134,656) 3,253 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated kitchen spend Restricted funds Back Lane Capital Lottery Grant funded projects in the year Wales Resilience Fund TOTAL FUNDS |
At 1.4.19 £ 34,017 2,553 36,570 4,215 65,390 - - - 69,605 106,175 |
Net movement in funds £ 47,812 (639) 47,173 2 - 7,553 2,000 2,449 12,004 59,177 |
Transfers between funds £ 69,607 - 69,607 (4,217) (65,390) - - - (69,607) - |
At 31.3.21 £ 151,436 1,914 |
|---|---|---|---|---|
| 153,350 - - 7,553 2,000 2,449 |
||||
| 12,002 | ||||
| 165,352 |
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated kitchen spend Restricted funds Back Lane Lottery Tesco Grant funded projects in the year Moondance Foundation Grants WCVA Emergency Fund Grants Wales Resilience Fund CAVS Powys Vol CC Minibus Main Grants TOTAL FUNDS |
Incoming resources £ 146,740 - 146,740 2 11,154 2,000 50,402 33,952 6,649 5,000 920 430 30,818 141,327 288,067 |
Resources Movement expended in funds £ £ (98,928) 47,812 (639) (639) (99,567) 47,173 - 2 (3,601) 7,553 (2,000) - (48,402) 2,000 (33,952) - (6,649) - (2,551) 2,449 (920) - (430) - (30,818) - (129,323) 12,004 (228,890) 59,177 |
|---|---|---|
Back Lane - Represents monies received in order to maintain the back lane.
Capital - Represents the net book value of assets acquired through restricted funds.
Celtic Energy - Represents the spend on capital items to fit a kitchen acquired through restricted funds.
Millennium - Represents the spend on capital items to fit a kitchen acquired through match funding.
Ray Gravell - Represents the spend on capital items to fit a kitchen acquired through match funding.
Lottery - Represents the spend on salaries acquired through restricted funds.
Comic Relief - Represents the spend on craft and baby massage classes acquired through restricted funds.
Simon Gibson Charitable Trust - Represents the spend on salaries acquired through restricted funds.
NPTCBC - Represents the spend on running the day to day activities within the community centre acquired through restricted funds.
Tesco - Represents the spend on running the day to day activities within the community centre acquired through restricted funds.
Brec B Nat - Represents the spend on salaries acquired through restricted funds.
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
Page 15
CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Investment income Income from investments Back lane interest Charitable activities Minibus Income Lunch income Ti a Fi income Grants 100 club income Club Bach Hall Hire Other Income Total incoming resources EXPENDITURE Raising donations and legacies General expenses Charitable activities Wages Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Community Centre expenses Donations Ystradowen Resident Back Lane Alarm Catering Cleaning Motor Vehicle Carried forward |
2021 £ - 1,743 1,743 - 4 4 1,054 41,772 - 101,370 - 2,078 - 2,137 148,411 150,158 - 50,588 1,409 713 3,164 773 644 754 127 828 150 - 454 11,755 544 3,765 75,668 |
2020 £ 1 10,770 |
|---|---|---|
| 10,771 249 2 |
||
| 251 13,679 42,172 569 57,955 1,289 4,400 210 6,613 |
||
| 126,887 | ||
| 137,909 262 56,769 903 826 1,252 4,723 651 928 84 566 460 1,000 192 16,496 1,022 9,081 94,953 |
This page does not form part of the statutory financial statements
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CANOLFAN GYMUNEDOL YSTRADOWEN COMMUNITY CENTRE LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021 |
||
|---|---|---|
| Charitable activities Brought forward Licenses 100 Club Professional fees Repairs & Renewals Subscriptions Freehold property depn Improvements to property depn Mini bus depn Equipment depn Support costs Management Sundries Support costs Accountancy fees Total resources expended Net income |
2021 £ 75,668 403 - 3,788 2,091 60 1,000 2,764 4,885 975 91,634 - 2,600 94,234 55,924 |
2020 £ 94,953 482 138 1,664 21,589 200 1,000 3,685 6,513 1,301 |
| 131,525 454 2,415 |
||
| 134,656 | ||
| 3,253 |
This page does not form part of the statutory financial statements
Page 17
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Signature 1
Signed by Rosalind Oliver using authentication code XihBNWc8bz4ySDAy at IP address 93.96.5.20, on 2022/01/06 14:03:49 Z.=a~îáÇ=_ÉäÅÜÉê Rosalind Oliver's e-mail address is: ystradowencentre@gmail.com.