**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;
- to advance education;
- to provide facilities in the interests of social welfare for recreation leisure time occupation; and
- 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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (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
continued...
## **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.
Page 7
continued...
## **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
continued...
## **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|
Page 9
continued...
## **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|
Page 10
continued...
## **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||
Page 11
continued...
## **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|
Page 12
continued...
## **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|
Page 13
continued...
## **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.
Page 14
continued...
## **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
Page 16
## **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
## **Virtual Cabinet Portal Digital Signatures**
## **Digital Signature Verification**
You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page:
https://www.virtualcabinetportal.com/VerifySignedDocument
## **Signature Dates and Times**
All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page:
http://www.virtualcabinetportal.com/WhatIsUTC
## **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.