Compaay reLyi%lraiioi) i&unibei': 07872629
Canolfan Gymunedol Ystradowen Community Centre
Ltd
IA Loiiipany liniiled by guarantcel
Ani)ual Rcporl ai)d Fiiiaiityial Statements
foi. tlie Ycai. Elided 31 Mw¢h 2024
Fei'gusons and Petei's
4 Hioh Street
POn￿rdaw¢
Swansea
Wesi Glati)Ol'gt
SA8 4I.IU
Cl?aittreil AcLoiiniants

can01fa￿ Gymulledol Ystt'adoiwen Conlmuiiity Centi'e Ltd
Contents
Reference aii<l Admiiii%lYalive Deiails
Trusteu, Rel￿1't
2to4
Independenl Exa￿lIn￿￿'S Rtp(>rt
Siatemeni ol FiDanc(al ALiivities
6 107
Balance Slieet
Notes lo Ihc I,-inanLial Stat¢inenis
910 19

Canolfaii Gymunedol YstrAdowell ComiiiuDity Ceiilre Ltd
Refereilee and Adinijhisti'ative Details
ChAII'Ella]I
D Belchei.
Chai'ity ReEiStIMtioti Niimbtr
1147865
Coniijally Regtsfrfitioji Nun)bei'
07872629
Tlic cliariLy is incorpoi*ed in UK.
38 New Road
Ystradowen
Registet-od Office
SA9 2YY
Independcnt Ex&tihiiiei'
Fei'gu%otts and Peters
4 I-ligh styeet
Ponlardaiv¢
Swansea
Wcst C￿1￿￿01'Ban
SAB 414U
Page I

Canolfan Gymunedol Ystradoiven Conimuiiity CeJ)tre Ltd
Ti'ustees, Repot't
-rile Ii'ustees, iyho dre dij'ttiois for Ilie purposes of compic iiy law, pitseiii Ihe aniiual rtrrf)rl Iv8¢ili¢J' witl3 ihe
rin41i¢ial 8lateinenls vf Ilic cli3wilable eoJnpan)r foT I])¢ yiai. ended 31 Mai'cli 2Q24.
OLijeetives aikrf Activities
Objcclive% aims
Tlie chai'ity's objeLtives air as lolloiv5
to tui'lhei. ()r b¢iictit Iht I'&%ideiiis ot'Ysirado)Y¢ii aiid Ilit sui'iDuiiding aTea'
-10 advance cducalion.,
-10 i)ruvide facilitie% iii thc interests ot'social ivelfaie foi. rccrealson Itisiive tiine i)cuipatioi)' and
-to iinpiDvc Ilie c()nditioi) of lile fDI' Ilie xsidtttis
Ysiradoivtn Cuiiiiiiunily CeiiiiE has bccn a gieai suppoit lo Ilie coijiinuiiily througiioiil the ycars especially
Ilirougli the paiideiDir uiitil pirseiil day, Ivhicli li&4 pi'oveii that Ihc coinrnuiiity iieeds oui. e%be¢itial scii'iees on a
daily aiid weekly bas%s.
Olli. .seivice8 al'e n•iv slowly picking back lip 2ftei' the pandeiric and we plan lo expand OUT 5eivices in Ilie
tuiuir follo¥viDg Ilic Icad of Ilie coiiiIiiiiiiitir ivith ntiv and exciting piDjecls.
Our driveiE not only dtllver all oui. catcring serviets biit Igke peoplc slioppingy visi15 lo Ilie doctors, dentists and
eye ap￿intme1)t9, dlong with pi'oviding sdiool riiiis. In tacl, lvhalev￿. the con)niunliy necds al'e Ive ar¢ there lo
pi'oviile Ihe supwjrl. The ditvcr8 al%0 $iipport Ilie I￿NCIleOn club elieiits througliout thc iv£ek.
Oui. kitdien siaff 2re doin2 a brilliant job providing three diffeirnt caiei'ing seivices froin otsi. kilclien, such as
buftels, (lie COiMmiiniLy cafe and tlic lunclieon Glub. 'Ihey lake great dealing willi diffcirnt iiidividuals and
iiciioiis that ivc cater foT.
Our coinmunity supporl siipei'yisor woi'ks li￿. socks ot'l-. Doing morc Iliaii boine ivould by oi'erx¢iiig the whole
of the wtsvk done al the cenlre.
A8 t(Ir voluilteer￿l1ll5tetS Ilicy pul all Ihey can iiiio tlie Ceiiti'e aiid go ovei. Wid above theii. duties. Wiuioul Ihein
Il)e Ceniyc wouldn't b¢ #blc to piK>vide sucli esienlial seiviccs 10 Il)e local coininuniiy and silli'oundii￿ area%,
would like to IIEank all the 81aff. voliinteer% and Iiiisie&% for tlie great i%Drk Ility do.
We wtll coii(iiiue Ilie gi'eal woi'k we do and help ev￿1 moit pcople ii) Ilie to coine.
Publie beBefil
Tlie li'us(ecs confii'in that Iliey liave coinplied ivitli Ilie reqiiirenienis ol. section 17 01. (lie ClicllTtie5 A¢t 2011 10
liave duc regai'd to Ihe public ￿llerI(s￿ld8￿ee publislied by tlie Cliai'ity Comiiiissioii lo¥ Eiigland aiid Walts.
Trustett offi£ei
Tlie trustees aiid ol'li¢e4's sei'ving d￿ting Ilie ye81. wid 3iliCt (lit yt2r t1￿ were as folloiv%.'
Pag¢ 2

Canolfaii Gymunedol Ystradoweii Comn1uI)ity Centre Ltd
Ti'ustees, Report
Twsle¢s.'
D13elcliei'
Ms Da￿1n¢ Jonts IreLiredl
Jtjlie Riohards
Ms Kailiiyii Ilughes (appointed 20 Septeittbei. 20231
D Belchei.
Structure> goverJiAiJce xlld I￿all￿gel￿ell¢
N¢T¢iirE of8￿Ver￿lI1Ig duèi£ts&iÈiil
The ehai'ity is a Lliariiable company liniitcd by giiai¥itttcc and i.s govcrned by %ts Meiiioil)t￿um dnd Ai'ticlts ot.
Associatioii.
Fijiaiicial iii&ti'uments
ObjedlvÉ.s uKdpolicies
The chai'iry's acliviLies expose it 10 a t)uinbei' of titianc1311.isks in¢liiditLg ci'edil I'isk, ca51i fltsiv risk aiid liquidity
i'&sk. The use of linaiiGial dci'ivatii'¢s is governed by IhE Ch￿ity'S policies appriived by tlic boai"d ot trustees,
wliicli pix)vide wi'itten priticiples oli Ihc use of financial derivatives to in￿age th￿¢ risks. The tharity does not
ILqC &riv8(ivc financial instiuinents fiii. spcculktlive putyoses.
C￿￿11￿01V risk
'I'lie Èli￿.1ty'S activities exposc it pi'iniai'ily lo Illc lin￿l¢la1 Yisks of cliange5 ill t(IveiBn Curi'eiicy exch￿l£t ¥ales
artd i.4leresl ratcg. The Cl￿rItY uses foreign ex¢han8e forward c()rtli'acis and inlcrcst I'ale %i¥ap conti'acls to hcdgc
Ih¢%e exposures.
nterest bc&-ing assets and liabilitie% aJe lield at fixcd l'ate to ensiirt Lei'laiiity of ca%li flows.
CréiJiÉ rrsk
rhe clisi'ity's principal financial assets ai"e bank balances casli, Ii'ade and olhei. receivables, uAd invcslJ)ienl&
'llie Ch￿.1¥'S ci'edil i'isk 15 Nimarily atii'ibviable lo its ti'ade receivables. Thc arntsuiils preseiited iii llic balaii(
%lieei air net of allowances foi. doubltiil I'cceiv4ble%. An allowwce tDI' Im1)￿1.111¢nt 15 Inade i¥liertt Ilieir is an
dei)tified lo.gs eveiil ivhich. based oli w'tvious expei'ieiice, is tvideiice of a 1'ed￿ctiO11 511 the recovti'abiliLy ot tl]e
casli flows.
-rhe Li'edit risk on liquid fiit)ds and deiivative linartcial in8liuniEnts is liiiiited b¢c&use the eaunleiyaitl￿
banks ivilli liiuli ciEdit-raiiiigs assigncd by intei'naiioiial crtdit-raling agencies.
Tlie charity iio si&iificant coiicwiti2tion of ￿￿￿11 risk, wilh exi)0sure spread over a largc i)unibei' ot
toun(ei'paitie% 81)d cusloiners.
In order to iiiaintain liquidiiy lo ensiire thar sufticienl funds arc &vailable flir onEOiJig Uptralions and fulure
developinents, Il)e cliai'ity US￿ a 1111Xtui'c of lonE-teim and 8hort-t¢iin debt fii)ance.
Fiirthci. details r¢8Ji'ding liquidity I'i%k can be ltikniid in 11)e stat￿￿¢]11 of accounling policics iii Ihc fiiiancial
slatenients,
Page 3

Caiiolf211 Gymuiiedol Ystradoiven Coniniunity Centj'e Ltd
Ti'uslees, Repoi't
S*4tomellt of ti'ustees resptsllsibilitlC5
Tlie I1￿￿(c￿ Iwlio air a150 IlTre diiettors i)t' C#nolfan Gymuiitdol Ysii'adowen Coininunit), Cenliy Lld for Ilie
PUI'P05es ol. coinpdliy law} al'e I'espunsible foi. i)I'epai'ing the IIiL8lee8' repoii Ilie financial sldlciiieiTrts in
accordance iviili ai)plicable law and Unttcd Kiilgdol￿ Accoiiniin£ Siandard8 Iuiiiicd Kiligdoill G¢n¢iYlly
Accepled Accounting Praciicel. includtng FRS 102'-Flie Fiiiancial Ileporling Siandard tpplicablc in the IJK ai)d
Rtpublic of Ii'elaiid Tlie rtptsri ￿1￿ attouiils have ￿ttl prepared iii acco¥dai)ct with the pix)visioi)% iii Ihe
Cumpaiiies Act 201)6 rclaling to sniall cornpanEes.
Comiiany lai¥ I'oqiiires Ilie tsiistces lo wepart financial statejncnts loi. eiirli financial ye￿. Undei- e()iiipany laiv
Lhe Iiusiees niusi not appiDvc ilic till￿cial %Ealcmeiit.fi uiiless Iliey gre satisfied t118t Iliey give a Ii'ue aiid fail. iiieiir
of Ihe stsle of affairs of Ihe cliaril&blc coinÈ)any aiid of die iii¢oiiiing i'csotirLc% and 1( ppjicdlion ot IEiources.
iiicliidlng its incoiiie and expenditure, ()f Il)tt charithblE coinpany foi. that period. In prep1( ring these financsal
slal¢iiienls, t1￿ trustees ait IEquirtd to..
select 5uilable accounling policies and apply Ihejii COliSiSlcnily
obsevve the Ineiliods and pijnciplcs in Ihe Chai'ities SORP.,
Inake j11dgeni￿ntS aiid estiinal¥s thai are Ira%onable and i)I'Lidellt,'
slate i¥liellier applicable Jc¢ounting standaYd5, cornpI'isiNg FRS 102 have been tollowtd, 5ubj¢cL to any
nidltridl dcpaitur£s disLloscd ai)d explained the findnLidl siatemenls,. and
prepai'e llie fiiiaticial %laleincnls oli the going concern basis uiil¢8s it is inappvopi'iate to piisuine Iliat the
thai'iiable company ivill continu¢ in business.
Th¢ ti'ustees are res￿n$11)le for kccping F)l￿per accounling records thai can di8¢105c willi reasonable accuracy at
any iimc tlie fInan¢ial positioii of Ihe rlioiil&blc conipmy axd e[￿ble theni to cnsuir Ih&t the finaJLial slatcinellis
comply willi die Coinpanics Aci 2006. 'fiTrcy are 21so Irswnsible foi. 8afcguaiQing Ihc assels ot Ilie clJ*kniiabl¢
ompany and he￿Ce for taking reasoDable stcps toi. Ilic pirvenlioii and deiectiort af fi'aud and oiher irrtgularitits.
Th¢ trustees arc Ir5ponsible li)i' tlie iiia1nien￿7¢t and iiitegrity of Ilie coiporate aiid finknGial iiifoi'iiiation
included tl)e ¢hai'ilable COM￿)Y'S tvebsit. LegislatioIi giivcrning Ihe i)IEpai?Lion disseniinatian of
linartGi(tl slatcmeiits iijay dtlrer f1￿M legislation in oilier jurisdictions.
SiiJ#ll coinpaiiies prowisioit stAteint￿t
Tliis Irpoi'l has E)eeii piepai'cd iTi ac£oiYlaiice with Ilie small coiiipanics TC8iiae undei. Ilie Colnp￿Ile5 Act 2006.
-Ibc annual iwort ivas appiY)ved by tlie tl'USiLes ofih¢ GI￿riLY on 22 Decembey 2024 find signed tin its beI￿lf by..
Ms l)aphiie.lones li'eiirLd}
Trii%lee
Page 4

CanolfAn Gymunedol Ysti*dowen Con)muiiity Centre Ltd
Iiidepeiident Examinei.1s Report tn the trustees of Canolf&ii Gymunedol Ysti?iJowen
Con1￿ll￿]ty C'eilti'e Ltd ('tlie CoTnpaiiy')
i'tporl lo IIK cliai'ity l¥ustee5 On irty exaiiiiiialion ol. Ihe accounts of Ihe Coihpany lor t]ie year ended 31 March
2a24.
Respoiisibilitits h#sis of i'¢poi*
As the chai'ity's LI￿ste¢S ot. Ihe Coiiii)aiiy {aiid also its dirttcloiE foi. th¢ i)urposL8 of L0111pany la￿,) you ure
Irsportsiblc for the prepai'atiun oftlie accounts in #tcordanee witli tlie rcqviremeiits of Il)e Comp3nics Ac12006
("'the 2006 Ael'l.
H&virtg satisfied Inyself Iliat Ilie accounts of the Conipany ale not irquired audited iindcr PIU'I 16 of the
2006 Acl aiid are eliRible foi. Iiidepciideni Lyailliiialifin, l i'cport 111 re8pc¢t ot m), ex2]tiinatioii of your cliai'ity's
accounts Is cai'ried out iindei. %e¢lion 145 of Ilie C11￿.111CS Act 2011 {-Il)e 201 1 Acl,). In ¢￿'lYIng oui my
ekaniination I have followed die Direciions &Tiven by Ilit Cliarity Corninissioi) undei. .%eGlion 145151(bl ol. the
2011 Aei.
liidepelideiit exarnilltr $ stat¢nieiJt
havc ci)Inpleied my exaininaiion, I cortfirm 111at no niatiu% have o)Inc to my Miientioii in coDnccls0rt witli tile
exaiiiination giving iiie caiise to belieire..
attouniinB recoi'ds w¢r¥ rtot kept iii ilspecl tsl-canolfan Gymurtedol Ysti'a(k)wen CiiixJi)unity CertliE Ltd
as i'equired by sectioi) 386 ot Ihe 2006 A¢l' Ol.
2. tlie accounts do iiot acLoi'd wilh those record5; 01,
3. Ilie accouiiL% do noi coniply with Il)e accouTilii)g requirements of sectioii 396 of tlie 2Th)6 Act othei. tlian
any IEquireiMeiil Ihal Ili¢ aceoiin15 give a 'trLie and fail. viJv' Ivl)icli is llot a Inatlei. cunsidercd as i)#i'l of an
iiidei)eiideiit examinatloll.. OT
4. Ilit accaunts liave no( beeiTr PTepared ii) accoidwice iviih Iht niethods aiid piinciples ot. tlie Svdtejneiil ot
Recornniendcd Pra¢tiee fo¥ accoiinting and repoiting by chai'iiies lapplicable la cliai'ities pi'epariiig tlieii.
accouiils iii dccordan¢e with the FinRnrial Reporting Siandarcl ppliLable iii tlie UK and IlepubliG ot.
Treland IfRS 10211.
I liave no ¢vneerns and have eotnt deiX)ss no ot]iei' Illatteii in coniiwlion Nvilli Ilie examittaiion io wliich attentio
should be di'aivii in this report Tn oi'dei. io ciiable a proptr ui)dei%tanding of Ilie 2ccouI)Is lo be Iraclied.
Dean Beniaftioiis FCCA
4 Htgh Stiyet
Pontgi.dawe
Swansea
West GlaiiioiEaii
SA8 4HU
22 Deceiiibu. 2024
Page 5

Canolfaii Gymunedol Yslra(loiveJTr Community Centre Ltd
Statement of Finaiicial Activities for tl)e Yeai. Eiidcd 31 March 2024
(Including IiTreonie aiid Ei xpen(litui'e Account and Stateinent of Total Recognised Gains
and Lo$ses)
Uiii'esti'itted
Re.%¢i'Ltted
fun(Is
Total
2024
Nute
Iiicome ￿ll(l Endoivip¢nts froim:
Donaiioiis #lid leJrF cie
Cliaritablc aetivilies
1,430
87,369
295
1,430
95,581
295
8,212
Toial iiTrcoine
89,094
8,212
97,306
xpeiiditilJ* Dll..
Raising fvnds
Chai'ilable acliviijes
{107.4681
17,3041
Toral exTKnditui'e
1127,2291
17,3041
{134,5331
N¥t le.ypenditi1reyin¢￿ne
908
37,2271
Nct moveinent iii f¢in(L
138,135)
908
137,2271
RecoiicillAtioii of fu￿dS
Tulal fiinds b1￿Ug￿lt torwdrd
139,666
139,666
Total fiiiidy cari'ied foi'wai
908
102.439
Tntal
2023
Restt'icted
funds
Note
liicome ajid fi.nrfoMtneii*$ frtbiij..
Donation% and le8acie5
Cl*rilable activities
Invcstsjiejit inconie
1,502
81,623
33
1.502
114.258
33
32.635
Talal incoinc
83,158
32,635
115,793
Expelldituve on..
Raising fund%
ch￿11#￿1¢ &¢ctivities
110,381}
1129,6911
194,4481
{35,243)
Total expeiidilure
1104,8291
(35,2431
1140,0721
Nei expcndilui'e
12.608
{24,279)
Net tll(IvemLlIt in funds
12,6081
124.2791
Ree&iJ¢ilÉation of futids
Toial luiids broufjh( toiN'avd
163,815
142,144
130
163.945
-1.oial funds carried totivaiY]
14
{2,4781
139,666
All ot'die chaixiji's activities del'ive fTOlii continuing opeiatioiis durit)g Ihe above tivo pc]'iods.
The nuies on pages 9 to 19 forin an integ'al pait ot-lliese financial slaiciiiei)IS.
Pagc 6

Cailolfan Cyniunedol Ystj'adowell Comiiiui)ity Centre Ltd
Sioteiiieut of Finaneial Acfiviti&g foi. tlie Ye21. iided 31 Mai'ch 2024
(Ineludiijg Ineoine ajid Exijviiclilui'e Aeeount aiid StAtemeJit of Total Recogiiised Gaiiis
ajid Losses)
Tlie fut)ds breakdoivt) tor 2023 Is sliowrt iii iiote 14.
Tlie notes oo pooes 9 w 19 form an inlegr&l pait of tliege fit)&)cial sia(eiiitIJls.
Page 7

CanoifAn Gymuiiedol Ystradoiven Commuiiity Ceiitre Ltd
(Registi?tioii iiuinber: 07872629)
Balance Slleet 2$ at 31 Mai'eh 2024
2024
21)23
Note
Fixed Assets
T¥ngiblc asse14
InV￿tineftts
10
53.804
5,00(1
59,633
5,000
58,804
Curreiit Assets
Debtors
Lash al ba￿k and in liand
12
4,948
87,194
4,948
89,097
92,142
94.045
Ci'editoys.. AMo￿lits hlling due WEtlJiJJ otte yeaj.
N¢t citi'rent Assets
13
118,507)
119.0121
43,63i
75,033
139,666
Nel Asset$
102,439
Fuiids of tlié thai'ity..
Resti'icftd in¢ot))e fuiids
Resti'itlcd funds
14
691
UiJiestrift¢d iiicDnie fuijds
Uiireqlricled fiJii(L%
102,439
138,975
Tat#l funds
102,439
139,666
For Ilie fill￿101a1 yth. tiidiiig 31 Maidi 2024 the cliai'itr), W&8 aitilled 10 exanplioi) froni atsdii uiid¢i' sectioji 477
of t1￿ Coinpanie5 Acl 2006 rttlating 10 small toinpaiiics.
DiiEClOfS' re8wnsibilities'.
The nieinbers havt AO( i'equiY¢d tlie cliai'ity t() vbtain an audii of iU% accounts for Iht ycai. iu question in
accoi'd&ncc WTili seclion 476. and
'nJe direclots acklloiyledxe Ilieii. Irspottsibililies foj. eoiiiplying ivith (he requiiEiiieni$ ot tlic Acl ividi Irsp¢ct
10 act0u0tii￿ Jici>rds ￿ld Ilic prcparalioii ofaccounis.
Tliese financial stat¢iiients have been prep￿rd iii acLoixlance Nvitli tlie special provigions relaliiig to con)panics
subjtcL lo Ilie srnall ￿nIpatI1¢S rcgiii)e Ivilliiii Part 15 0l.lht Coinp&Tries A¢t 2006.
Tlie financtal siaienients on pages 6 Ic> 19 iVLTe app¥oved by the li'iistees. and atitlioi'ised fi)r issiie 22
Decembei. 2024 at)d si8iicII oil ilieii, b¢lialf by..
Ms Daphne Jone$ (l￿til*dI
Ti'usiee
Tl* nole4 ()n pag¢5 9 to 19 farin an integiBI i)art oftS?esc financial slat¢menrs.
Page 8

CA])olfg11 Gyniuiiedol Ystj'adowen Commullity Cciitre Ltd
Notes to the Flnancial Statements foi. the Year Ended 31 Mai'ch 2024
I CIIArity status
Tlie ch&vily is lijniled by guaj'antce, incoiFoi*led in UK, aiid consequently (loes noi have sliai'e Lapilal. LaGI) of
the ts'ustees is lial)It to coiili'ibulc ali wiiount noi cxccedii)g £Nil Iow8ids tlie asscts af Ihc cl)arily iii 11?e eveiit of
Tlit addres% Ol'its IEgist¢i'ed offiee [%'.
38 Nciv Road
Ystradowen
Cai'maitlien
SA9 2YY
Th¢st tinaiicial siaieinents i¥ere aLlthorised for issue l)y ilie Irustce8 01122 Dec￿nber 2024.
2 Ateountiiig yolitios
Sunjtnary of si2nlfltaiit Aeeoiiiititig policRe5 and k¢y ?ttoutttiJJg estiillates
'hc piTnLipal accouiiriiig polioies klpplied in Uit prepai'*itiOii f)f I1]£8£ fiiiancial staleniet*ls are set oul IKIOW.
Tliese policies liitve been consislcntls, applied to all (he years pirsented, unless oiliciiYis¢ siaied.
Stateithejit of eoinplikntt
-I'lit f111211cial slateincnls liave beert pi'ep&ied iji accoi'dance with Accouiitiiig aiid Rtpoi'ill￿ by Cliw'ili<8.'
SIBlement of Rccviiiinended Pi'aciic¢ (applicable 10 eI￿l'11lCs Pfti)aring Iheii. a¢coiTrnt5 in acc*)I'dancg w&th Ilie
Financial Repoiting Siandaid (Ipplicable in Ihe UK and Repiiblic of li-elaiid (FRS 10211 lissiicd in Octobei. 2019}
ICl)&'ilies SORP IFRS 10211, Ilie Financial Repoi'linB Standard applicable in the UK and kepublic i)f li"el8nd
{rRS 1021 dnd tlie Comp&nie8 Act 2006.
Bpsis of prepAI'atioii
Canolfan Gymiincdol Ystradow¢rt Coiiimunity Centir Lid meets tht definil*on ol. a wblic benefEt entity unde¥
FRS 102. A55cls and liabiliiics al'e iiiiliully vecoBiiiscd al hislni'ical cost oi. Ii'&nsaGtiun value unless otlier%v(se
slated iii Ilie I'elevwit ￿CoUl1L￿nE policy aoles.
Goillg contÈrll
Tlie trustees consider that tlici'e al'e ii(I ii?olei'ial illlcerlainties aboul Ilie chai'ity's al)ilily lo continue as a going
concei'ii liar an}'.qignitscaiit &'cas of uiiceitaiiily that affecl Il)e c21rying value ot %&sset5 lield by tlie e]iarity.
Exemption fi'tsm pi'tpai'iijg a ¢Ash flow 5¢ateineiit
Tlie cliarity Opted to esi'ly adopi Bulletin I publislied on 2 February 2016 and liave Il*rcloiE nol included a
tloiw slaleTncnt ii) Ilitge fiiiartcial stat¢mei)15,
liieome Aijd endowtneiils
All iijcoiiit is I'ecogni5cd once tl)e cliarity lias eDliileiiTreAi 10 Ihe irtcoijie, il is probable that the incoine ivill be
IrLej¥red aiid ihe anioulli of thc incomc r¢ceivable can be nit￿ulrJ reliably.
Page 9

Caiiolfaii Gymunedol Ysti-ailowcn Cominuiiity Centre Ltd
Notes to tlie f¢inancial StateineIits for tlie Yeai- Mded 31 Mai'ch 2024
Deferred iple0￿se
Deleried incoille Irpirsenls aiiioiii)Is rcLciYcd for lului'e pei'iods and is iyleased to iiicoining resuurces iii Ilie
p¢r(od foi. Ivliicji. il s b¢en I'ec¢ivcd. Siich incoine is only defei-red wh¢ii'.
riic doiior specifies Ilial ilie grant oj. donalioii mLi%I Dilly be used in futurc accountin¥ pei'iods. oi.
Dividend.% ar¢ I'e£ogni8cd onct the dividend ha5 b¢cTr declared and notilicaiinii lias bc¢n received ol'tlje divideiid
due.
Exijeijditui
All cxpeIidiiure is reco￿ised once Iliei'e is a l¢g£il or coRsliwclive obligaiion 10 didt ¥xpcndiluiE, il 1% probable
settleinenl is I'cquiied artd the atnouTrl can bc iiie&%iired ieliably. All costs al￿ allocated to tlic appliccible
eX￿lidi1UIY headiiig tliat a￿l￿gate siiiiilar cost5 10 tliai Ldtegoi'y. Wliei'e L'osls cannot be directly atli'ibiited I
¥KqI'iiciilai' headiiigs they l)ave been allocaled oil a basis consisient with the use i)I' i'esoui'ce4 with ceiilial slaff
sls allocnied QTI the basis of tittic spent. aiid depreGialioii cliaiges allocated on tlie poi'lion of the asset'8 USC.
Oil]cr slipl￿rI Lxisis are allocated based uii the spiead of slaft-cosls.
Tlicsc al'e cosls iliLElI'red in attracting volun1￿Y iliCDlll4 die ni￿ageMent of tnvesiiiien15 and those incurred iji
ti'adTng aciivilles tliai I'aisc fvnds.
Cknritdble expenditure coniwises tho$¢ rost5 inGurJ'cd b), Ihe clidrity iii die delivery of ils aclivitie% scrvices
for ils beneficiaries. It iiicludÈs both cosi% that cali be allocated dircctly 10 such activitie8 and those eost5 of an
itidi¥eci i)ature rteeessary 10 SilPPOI't tlieni.
1'4XAtion
The Ch￿'¥tY 18 con8idercd to pass Ihe ie51$ %et i)ut in Pai'aaraph I Stliedule 6 of the finallce Aci 2dlO and
tliei'eture it iiieeis the delirtilion of a cliaritable coixpaii). ti?I' UK coi'i)i)I'aiioii t&x pui'poses. Accoi'dli￿Iy, the
coi'ered b), C.liaptei' 3 Pai'l I l of the Coi'poi'ation Act 2010 01. Seciiuii 256 af Ihe Taxation of ChaiEeable
Gtuns Act 1992. to the cxttnt that siieh income OT gains are applied exGlusiv¢ly to charitable pui'poses.
Tangible fixed Assets
Iiidividual fixed a%%els Llisling £0.00 oi. Inore aTe initially I'e£orded at cosi, Itss any subbequenl accuinulale(I
depi'ecialion and stibsequeni clccilrtiiilnted impaiiiiienl losscs.
Bu%irtess coinbinalions are 8CCOllllted l()i' uild￿. Ille purchase melliod, Wliei'e iiecessaiy, adjiisimenis are Inade lo
tlic financial slllternenls of subsidiai'ies to bring the atLuuiFlin8 wlicies uscd iiilo liiie ivitli those uscd by Ilie
Ch￿1￿),. All inli'a-giY)up (¥aiisactioiis, bal8nccs, iiicoiiie wTrd ￿pel￿e8 are eliiiiiiialed oli cuiisolidaiioii. Til
accoi'dance ivilli ScLtion 35 ofr blls 102, Sectioii 19 of fRS 102 h&8 not been ai)plied iii tliege finaiicial
sta(en)eiil% in resped of bu5111CS5 ¢oinbiiialions ellecied prior to the date ot'lrÉuisiliort.
Paoe 10

Canolfall Gyniunedol Y3ti'adowen Community Centre Ltd
Notes t() the Finaneial Statelhents foi, tlhe Year Elided 31 Mai'ch 2024
Fixed asset iiivestEtJeMts
Fixwl kts%et inveitllients. othei. than proy7mme ielAted iniies(Ineftls, are incliided at market valu¢ at Il* IMI￿lIte
8li¢cl date. Ile&li5eii gains aJJd losses on ini'e51meTrls are caloilalcd a5 th¢ dillei'ence belween salcs proceeds and
Iheii. Inatlict value at the siai'l of dit Ye￿.. oi. Iheii, subsequenl cosl. al'e cliai¥ed ui, ci'ediied to the Statcin¢i)t
uf Finaii¢ial Aciivitics in the period af disposal.
Uniralised gain5 losses Ttpyesent tlie Inovement in I￿￿'ket valii¢s dui'ing Il)e year and are crcditcd oi.
ehaiEed io lh¢ Staiemenl of Financial AGlivilits bdsed oil Ihe iiiarkct value al the yeur end.
Tr841e debtors
I'i'ade dcbtors w'e aillounts due frotll Clisloiners foi. I￿￿KhandIse sold oi. ¥erviLes ￿rfol.Med in Il)e ordinaiy
)ui'se ofr'busii)css.
'I'rade debtoi's ure I'eto£nised iniiially at the transaclion price. 'fhe}' al'e stLbsequently ineasui'ed ai ￿)loYE1std eost
usii)g Ihe etlective iiitcrcsl mcihod, ILqs pi'ovision foi. inipairmenl. A PToifisioii tor tlit impaii?iitnl ofr. trade
debtoi's is cslablished when Iheir 15 0bjeGliwe evidence Iliat the Charity will Jiol be able ¢0 collett all aixounts due
Casli aDIl cash equivalents
Cash and cash equivalenls compri5¢ cas]i Dn Iioiid and call deposits. and othei. slx)Il-temi liiglily liquid
inve%tsl)etits Ihai al'e Itadily conveitible to a kiiown aiiiouiit tsf casli ￿ld are subje¢t to ali insignilicaiil i'isk or
cliaRBe iii value.
Boi'i'owings
Intei'est-beai'ing boi-roiyings al'e iiiilially rrcoi-dcd at fair value, nel of li￿*15aCtIon uists. Tiiieit£t-be￿,lthg
boi'Loiviiig5 are siibstqutnily Lari'ied al aRioitl5ed cost, witli tlie differencc btlmreen ilie proceeds, nel of
traiisaclion costs. anil the siiiounl duc I'edcnipis011 being lECo￿liE¢d a5 a charge 10 the Si&teii)enl of l.-ii)ancial
Aetivitieg ovd. Ilie perlod ofil)e rel￿,a1]i boiyowii)g.
Interest expen8e is I'ecogni5ed on tlie b&8is of thc cff¢c15ve inter¢5t rtieihod and is included in intei'esl i)ayable
nd siinilar cliargtts.
Boi'rowings ar¢ classified Ls turrenl liabilities uiiless tlie d)ariLy has an unconditional riglit io deter settlejnent of
tlie liability foi. at least twelire iiionihs after ihe i'epoiting date.
Page I I

Cgnolfan Gymunedol Ysti'adowcn Community Ceiiti'e Ltd
Notes to the Fiiiaiicial Stateineiit5 fol. the YeaTr' Ended 31 Maii'li 2024
Fthr¢igii exchaiige
I-l￿SactiO11S iii l()reigii curi'encics al'e re¢orded 41 Ihc I'atc ol-exchange ai ilie dare of tlie li?nbllClion. M•iieiai'y
aS8eis and liubiliti¢s denoiiiinaiccl iii foirign Gurrencies al Uie bdlanct slicei datt are IEIK)rted ut the I￿t¢S of
sicliange piri'ailiiw at that datc.
.11¢ i'esulis ot. oireT4e#s opeTxliviis air ITan51ale(t at die avei'age rate8 of exch￿￿Et dui'in2 11)e pei'iod and tlieii.
balance slie¢ts at tli¢ i?tes I'uliiig at Ilic b31ancc slieet date. Excliansc ditTciLncLs arising oli tran51atioll of tlie
openi1￿ net ￿58¢t5 and i'csults of oiierseas okYralioi)% Ji'e r¢poited in oihcr coiiipi'elieTrsive income ai)tl
aeciiiiiiilaicd in equity laiiribiiied 10 non-COliliY)Iling inteTes1s as appi'opriatc).
Oihei. exd)aiitsye difteirnces air ¢rcogi)ised ii) the Sialcii)ei)l of Financidl Aelivities in the pciiod in wliicli Iliey
arise except tor..
l) cucliangc diffei'cnces on transaclion% entei'ed into to Iiedge ccilain fLircign ciirrency i'i$ks (s¢¢ alyjvel.
21 excliaiige diffeiences ai'ising on gains or losses on non-lnonelaiy It￿￿S wliidi are reeognised in other
c(TrInprchc￿S1VC iiKoJn¢,' and
31 in the case ot Ilic consolidated Iinaiicial %laleiiienls, exclianEL difterence.4 on Iiioneiaiy iteiiis recciir&ble tioiii
oi. payable lo & l()i'ClEn UPLI'alioii foi. Ivhi¢li 5ciilcm¢nt is neiihei. planiied noi. liktly lo occiii. Ithtietore Fiirniin8
P8rl ol. Ihe nel invdtniEDt In th¢ foreign opBralionl, whicl) al'e i'ecogiiised in otliei. coinpreliertgive int()me and
eport¢d undei. equity.
rund 5tructMI'e
Uiir&%li'icled incoine fund5 are 8enei?I funds t1￿¢ air available for use at the trustees disereitoi) in ttiiihei'ance of
the ohjeclive% ot'ili¢ Glidrity.
R¢5ti'i¢ted incoiiie fvnds alc those donat¢d for usc in a p￿tItU[k￿. ar¢a oi. foT 5pwifiG purposes, Ilie ustt of which
15 reslricled 10 Ihal area o¥ purrKise.
Cl￿&1￿1c&I1DiI
Fili￿l¢la1 assc18 and linanLial liabilitiei are reeogiiised 1vli￿ thc cliarlty becoines a paty to Il)e ci>niraciual
rinancial liabilities aiid eqiiity li￿Li￿lI1enlS al'e cl&%iticd a￿01-dIng lo the siibstance lif tlie conijactual
'¥angei?Iciils cnlei'ed into. Ali equiiy insli'Liinertt li any contract that eyideiices a I￿￿1d￿al inttirst in Ilie asseis of
Poge 12

Caiioifall Gymuiiedol Ystradowen Comnillnity Ceiitre Ltd
Notes lo tlie FiiTranei#l Stateinents foi. the Yeai. Ended 31 Mai'ch 2024
ReÉbgpiAiloii ttiidiiie¢Tsi¢ré#iÉiii
All finaiicial as5¢ts and liabilities are inilially inc&sured al ti'#n%ociion pi'ice lincliidiiig ITan5aclioii costs). &x¢¢pt
rnr Ihosc financial a55ei% classified as al fair valiie IhiY)ugli prolit or loss, whidi are initially iuca5ured at fail.
value (which is i)oi'mally Ilie Iransattiun pi'icc excluding i1¥￿sa¢ll0n cos15}, unless Ihe arrangeincnt coiisli(Utes a
Iinancing Ii?tL%aetion. It. tin Bii2ngcJlleni constiiu1¥5 a tii)ancing traiisaclion, th¢ till￿claI asset oi. lin#ncial
lidbilily is Jii¢*%ured at the preseiii value i)t ilie futuie payrnenls discoui)ied at a iiiarkel I'aie ot. iiiiei'esi fay
FinanLial assets snd liabilili&s are only olysel iii the slaternent of finanLial ￿SitIOn ivlien, 8nd oiily wlien Ihere
cyists a legally entoi'ceablc Yiglit to sei off the Itc0￿lISed aiii(iiiiits and Il)¢ chavily intends eitliw to geitlc on a
iiet bab'i%, Oi. to Irali5e Ilie asset and scltle tlie liabiliry siinulldiieously.
Financial as8¢ls ¥i'e dcrccugnised Wh￿ und only whe# al the conti'aGlual I'Ig￿t5 tu Ili¢ Lash floivs fi.oin Ilie
fillancial asset eNpire or sellled. b) tlie thai'ity Iraiisfci's lo anothei. PaTt)' subsi8nlially all of th£ I'isks and
reivaix4s of ownership of dic findnLial asset, oi. cl Ihe cliarily, despitc having itl£iined soziie, bul iiol all,
sigiiilscant risks and I'cwavds of owiiei'.ship, l)as l¥aiisferird coiilrol of tlie asset to aiioilier parly.
Finuiici#l liabiliiies air derecognised oiily when Ilie obli8dlioii spccified iii Il* eiJntraci is dischai'ged, caiic¢lled
Ol. eXPllES.

Canolfaii Gymunedol Ystradowen Community Centre Ltd
Notes to the Fiiianeial Stateinents foi. the Yea). Ended 31 MArch 2024
Debt inslriiinenis wliicli Imeet tlic following conditions we %ubsequenrly Inwured al aniuriised c081 IISIIIE Ilie
effeclive inieiesi rti¢iliod..
oi. Iiii} a ￿llibl￿tatIOft ot a iM).Eiliv¢ oi. a iicgalivt lixcd iatc and 3 ￿)￿li1ve vai'iable rxie.
Ibl 'l'he conlyacl may provi<le tor r¢pu)'nieiils of the pijncipal oi. the reluin to Ilie h(ililcr (but not biilhl lo be
linkcd to a single relcvant obseTvable index of 8tnci71 price inflation of Ilie cui'irllcy ii) wliicli Iht debt
in811'uiiienl denurninated, pi'ovided such link% ￿e not leveragtii.
Icl Tlie conti?ct iiiay pi-ovidt foi. a deterininable v8¥iali()rt of Ilie reliii'n tu the lioldei. during tlie life of Il
instrunieJ?t. pi'ovidcd Ihal lil the n¢iv rale satisfies condition {81 and the variaiion is not contingeiit on future
cvents atliev than 111 a cliange of a cottli'actual vai'iable i?tc' 121 Eo i)roiccl Ilie hold¢i' agaillst credit detci'ioration
ot'the issuci" 131 changes in levies applied by & ceiiti?I bank oi. iU'iSing from changes in iel¢vant laxalioii or Idlv.
or lill the new rate 13 a inai'kcl i?te ofiiilei'est and 8aiistie$ eviiditioii la).
Id) Tlieie is no ￿ntiactUal piN)visioii Iliai tould, by itb. leniis, result in the holda. losing Ihe printipal arnount or
any irtterest attributable ￿ (lie thirrent p￿10d or prior periods.
{el Coiiii?crual proviblons that p¢imiL tlie issucr lo pi'ep9y a debt i1￿1rUIne￿l or ￿r￿lIt the lioldei. 10 pul il back to
Iht issuei. before matui'il}' ￿.¢ not eonlingeni on futlTre events, olhil. Ilian 10 pl￿tect Ilie lioldcr against Ihe cirdii
dderioralion of the issuei. or a cl)an8¢ iii control ol'llie issuei., or IQ piy)leci Ihe liolder or i35uei' against chai?ges
iii l¢vi&% aiiplied by a cenii?I b)nk oi. ai'ising fi'oin diangcs in relevant taxation or law.
lfj Conli'adual piDvisions Jnay peiThii Ihe extension oftlie terin of Ilie debt instrunienl, prvvided that Ilie Irlui'n
to the holdei. and aiiy oihey COnlr#Ltual pi'ovisions applicablc dui'ing the exici)ded ierni satisfy Ihe condiiions ol-
paragJaphs {a) to Ic}.
D¢b¢ in51iuinentS Ihat al'e classified as p&yabl¢ or rcceivable wiiliiR one ycar on ii)iiial iycognitioii and i¥hicli
Jneet tlic above conditions art iiieasured at tlie undiscouiiled allio￿t ol-the cash or otlier considcixlion exptcted
to be paid oi. r¢c¢ivEd, net Ol-inip￿I1.I17ent.
Witli the exception of soine liedging insli'Limeiil8. oiliei. debi in&lruincnts nDI IneeiinE tl*se ¢oiiditions &'e
niea5ured at fair value thiDugh profjt or lo%s.
Comniitsnenls to iiiake and irLeivc loans wliicli tneet Ilie condiiiorjs Inenlioned abovt (ire ll)¢iisuiEd al cosi
Inv&iinenls >n non.conveitible p¥ef¢rcn¢e sliHre5 and non-piittsble ordiiiaiy oi. pirfeitnce sli21'es liv1)e￿ sI￿reS
al'e publicly ll'aded oi. theii. laiy i'&lu¢ is IEliably Ixeasui¥blLI are i)ieasui'¢d at tair valuc Ihix)ugli pi'ofit oi los%.
WIIe￿ fail- valuÈ canrtoi be iiieasured Irliably, invcslmenls are illeabiired ai cost less inipailjne￿l.
acquii'ed foi. considei'atioii iiicluding tlic issuc ol. %liairs qualifyiiig for merger relief, cobl is Int￿lIred by
Irlei'eiice to Il)t noiniiial value of Ilie Sh￿¢S issiied plu5 fait. value of oiliti. coitsi(l¢i'ation. Aiiy i)I'ctniuin i.
l8norcd.
Page 14

Canolfan Gymuiiedol Ystradowei) Coinmunity Centre Ltd
Notes to the Finan¢i21 Stateineiits foi. the Yeai. Ei nded 31 Mareh 2024
Tlie cl￿rity uses dei'ivaiive financial iiigliuinenls to reduce t￿￿)3ul.e to foreigi eYcl)aiige ii,%k aiJd iDleresl ¥aie
ijiovciiienls. Tlie clio1.iiy does not hold oi. is5u¢ d¢rivaLive financial instruments foi. spteulaiive i)urwscs.
Dci'ivative$ ale initially ircogiiiscd at laii. valuc at Ilie dale % dil'lV8tive Lonliacl 15 cnteiyd inio are
subsequeiiily remeasuved lo Ilieii. faTr value ai each I'epoi%iii8 da￿. -I'hc I,es￿li)i1£ 8aiii 01. 1055 15 rtCOLTiJised in
51aleinenl of financial activitiLs iininediatel>' urtles% Ilic dei'ivatiire ]% designated and elleclivc as a liedging
in5truin¢nt, iii wl)icli event Ihe titniii¥ c?r the I'ccognitioii iii s￿l¢l￿¢￿t of tinanGLal aclivitie& depeiids on the
nature of th¢ hedge ielalioi)ship.
rile bcst evidence of fail. valu¢ 15 a quoted pricL foi. ftll idenlical asset in ati Active i11￿.keL Wlien qu()ted pi'iccs
uiiavailable, Éhe ptice of a receiil Ii'a115aLIi(ii) toy ali id¢iitical assel piDvidcs cvidtiice of tair value &% long &8
thu* has nor been a signilicant Ch￿ig¢ in tconoiiiiL C1￿Ul11stattce5 <>r a sigiiificanl lay$e ol. limc sinc¢ Ilie
ti'anbYCti()n took place. Tl. Ihe inai'k¢t 1% iiot aciive ￿(1 irtent Ii'ansaclions af an idcntical 3$5el on Iheir own are
not a go()d &qliTn*ie of taiy valuc. Ilic fair value is estiniated by using a valuali()n techiiique.
3 fi'om don#tiOilS And Itgacie8
Uihrestl'Ltted
fuiids
Gen¢ial
Tot41
2024
Regu12r Eiwing and capÉial donations
1,430
,430
1.430
1,430
Ullrestricted
fulld
enet-al
Total
2023
Regular giving and capiial donHti0rt8
1,502
1,502
1,502
1,502
4 Iiicoine fi'oim ehAritable ac¢ivities
Uiircstrieted
funds
General
Rtstt'icted
fulld
funds
Mitiibus
Luncli cluli
c￿l11Th￿lI1ty C¢l?ti'e
18,506
33,457
32,025
3,381
18,506
33,457
40,2J7
8,212
Tot&1 foi. 2024
87,369
8,212
95,581
rotal foi. 2023
81,624
32,635
114.259
Page IS

Canolfan Cymuiiedol Ystraduwen Cominuiiity Centi'e Ltd
Notes to the Financial Statements foi. the YeAI' Elided 31 Mai'eh 2024
5 liivestmeiit Incomt
Uiir¢5ti'ict¢
fuiid5
Geiieral
TotAI
2024
Interest receivJblc and 31ini1￿ inconic.,
Int¢rcst receivable on bank dcposils
295
2()5
295
295
UHYtStt'icted
Total
2023
General
It)teresl receivable and siiitilar incoine.,
Interest receivable oil baiik dtposits
33
33
33
33
6 ExpetTrditui'È ehga'it*blt Aetivitie5
fuiids
Genei?I
Restl'LCted
fun(15
Toknl
fuiids
Mijiibus
Comniunily ceiilre
7,212
InO,2.56
2,494
4,810
9,706
105.066
TotMI fthr 2024
107,468
7,304
114.772
Total f(bJ' 2023
87,320
42.370
129,690
Pa8c 16

Caiioifan Gymunedol Ysti'adowen Comniuiiity Centi'e Ltd
Notes to tlie Finaneial Statemeiits foi. tlie Year Ended 31 Mai'ch 1024
7 Net liicoiniiigloutgoiTrg I￿sOUrceS
Net (iiilgoing irsoiit'ce5 foi. tlie year include..
2024
2D23
D¢pTeLiaLion of fixed as5el&
7,987
7,9S7
8 Trystets I'¢iiiunei'¥lioii Aijd exp¢ns*s
No IIusie&8, noi. any i)eisons eanncct¢d Ivitli ihein, liave rer¢ived any r¢rnuiiei•tion fiDin ilie chai'ity dui'ing the
year.
No Ituste&% liive receivcd wi), reinibui'sed expen5c% or atijr oiliei. benetits tix)m tlie chw'ity dui'ing Ilie ye*..
9 T#xAtion
The tharity is a regisieitd chai'ity wid is Il)ClEtore excrnpt froiii i&xatioii.
10 I'aiigible fixed ftssets
LAii(l And
buildings
Furnilui't
r41otor vehlcles
Totyl
Cost
At S Api'il 2023
Addilions
89.481
27,072
2.158
51,974
168.527
2,158
At 31 Mai'ch 2024
9,481
29,230
51,974
170,685
DtpvttiAtioii
At l April 2023
46.161
2,554
42.981
2,997
108,905
7,987
2,436
At 31 M#rtli 2024
48,715
22,199
45,978
116,892
Net booiL value
Al 31 M&Lli 2024
40,766
7,031
5,996
53,793
I Fixed a55et irtveslineii¢S
2024
2023
Sl)Jres iii group undeitakiiigs aiid pariicipaliiig iiitcirsls
5.000
5,000
12 Debtoi
2024
202J
Oiher d<bloi'5
4,948
4.948
Page17

CAnolf211 Gyniunedol Ystradowen Coinmuiiity Cciitre Ltil
Notes to the Fillaneial Statements for the Yeai. Ended 31 Mai'ch 2024
13 Cre(litoi's: atiJouiit3 falliijg ￿￿e wlthln one year
2024
202J
()tlier t￿alli)rt thd social secii¥ily
.400
17,612
Defei'red income
38,612
48,507
19,012
14 E￿lldS
Bal&trJce at
31 Mxi'ch
2024
BAl*blté #t I
Apk-il 2023
R¢sout'tts
expeiided
vesourte5
Traiisfers
Uni*stricted fknlld5
Gepitriil
UiiresiriLtrd fviid5
138,975
¥9.094
1127.229)
1,599
102,439
Restt'icted fuiids
Resti'icled titnds
691
8.212
{7,3041
1.599}
Total fuilds
139,666
97.306
134.5331
02,439
BalAJice at
31 MAI'CII
2023
B*lxiJte At I
Ayi'il 2022
Incotning
re50ul.ces
Rtsouree8
txpeiidtd
TIMILsfei
UiJrestrlt*éd futTrds
lJnirsti'icled tunds
163.815
83,157
197.7011
110,2961
138,975
Resti'ictgJ
Restrictcd fuiid%
ijo
32,635
142,370
10,296
691
TolAI fiittds
163 1)45
115,792
1140,071
139,fi66
15 AItAlysis of iiet a5%ets b¢tweeJJ fuiids
P&8cI8

CAnolfan Gymuiiedol Ystradoiyen CoJ)imllnity Centi'e Ltd
Notes to the Financlal Statements foi. the Yeai. Ended 31 March 2024
Uriresti'ieted
Total fuiids At
31 Mxrch
2024
Restiieted
fuilds
Geijei'al
Tangible fixcd &ssels
Fixed a%5ei invcsiinenls
Cui'reiit a%%eis
53,804
5,OUO
12,475
19,8951
53,804
5,000
92,142
148,5Q71
79,667
138,612)
Total nct assets
61,384
4 1,055
102,43
Unrc5tricted
funds
Geiiei'al
TotAI fun(Is xt
31 M%i'tli
1013
Resti'ieted
f￿Tr￿S
Tangil)le lixed assels
'ixcd asset ittvesiinents
Cui'rent assets
59.633
5,000
40.090
11,4001
59,633
5,000
94,045
19,0121
53,955
117,6121
36,343
Total nel assets
103,323
139,666
16 Atklllysis of net fujids
At I April
2023
inancirtg tAsh At 31 MgJ'cI
tloivs
2024
C2sh 12t bdl)k wid in haiid
89,OY7
11,9031
87,194
Ncl dcbt
89,097
At l Aptil
2022
11,903}
87,194
At Jl Mareh
21)23
flows
Cash at ballk and in liaiid
100,852
Net debt
100,852
89,097
Pagc 19

Cg1)olfan Gymiinedol Ysti'adoiyen Communlty Cetttre Ltd
Detailed Statemelll of Financial Aetivities foi. tlie Year Ended 31 Mai'eh 2024
Total
2024
Tot31
2023
Itieome Endowin¢iit8 fioiii..
Doii8lion5 and IcgaciLs (￿n￿Y$ed b¢low}
Cliai'itable aciiviiie% laT)alys¢d bclowl
Inveslrnenl intoiM¢ lanalysed below)
Total incoinc
1,430
95,581
295
1,502
33
97,306
115,793
Expetkditritt oil.,
Raising funds lanalyged beloivl
Chai'itable aclivities (&Daly5cd bElowl
Total expeiiditurL'
{10,381)
1129,6911
1134,5331
1140.0721
Ncl cxpcndiluye
137,2271
24.2791
Net moi'eiiient iii fuj￿8
{37,2271
{24,2791
RecorkrÈliation of funds
Total funds brouglit forwaiyl
139,666
163,945
Total fiinds cairicd fonval'd
lQ2,439
139,666
Tlii5 pagc (Joes not foi'in pait ofilie siatutoiy finaiicial statements.
Page 20

CaiiolfAn Gynjunedol Ysti'adowen Comiiiunity Cejiti'e Ltd
Detailed Stateinent (bf Fiiiancial Aetivities for tlie Yeai. Ended 31 Maith 2024
Tot#1
2024
Total
2023
DtsNalioiis Npifl legucies
Coinmiltcd giving
1,430
1,502
1,430
1,502
Miiiibus iiitome
Luncli income
Granls incDiiie- Minibus PTojecI
Grani incoii)¢
G¥anl inconle
Club Ilacli
ii)comt
18,506
33.457
24,577
31,154
2,000
30,635
8,212
3,381
5,042
26,383
5,197
20,695
95,581
114,258
Int￿ttt on casli der￿sIt8
295
33
295
33
Raisiiigfiijid
Pu¥¢liases- resti'icled
Pu¥cliases
11241
119,6371
(1,9701
Clinrilable oclivilies
wag￿ and salai'ics- irsti'icled
Wages wlaries
Siafl peiisioiis
Rent and rates- rcsli'icled
Rciit and ratts
117.7571
157.8291
{1,0561
12371
12621
174.95))
12,9911
15541
Light, heat 211d rrt)wer- Kestricttd
Light, heat aiid tx)ivei'
Illsuian¢e
14,9601
11,9631
11.3681
12461
(2,7301
(3.1761
(6.1561
Repaits and reiiewal% restiicted
Repai¢% ￿Trd renewals
Teiiei'al iliainten￿Iee
Officc cxpenses
Oftiee expenses
Prinlittg, p081agt and siaiionery- ktslricted
Printing, i)o%iage and.¥iaii()nery
Trade subsci'iptioiis
15.361
1621)
14291
(1,2251
13351
17771
14731
Tii(s Imge d(k*% not foiin part of the siatiitory financial siaieillents.
Pll8e21

CAnolfgn Gymunedol Ystradowen Coiiimutiily Centre Lid
Detailed Stalemenl of FTnaneial Aetivitles foi. tlie Yeai. ndeij 31 Mareh 2024
Total
2023
2024
Cliai'ilable thoat10115
Clcaniiig
Mot()I' expen8e%- I'esli'icled
Moioi. expcnsc8
Motor expeiises
Moioi. exi)tnsLs
Caltring- vcs(TlCttd
Catering
Accouiitanc}, fets
Legal PLY>fe%sional fees
Legal aiid pi'olessional lee8
Dei)reciatioii ol-freeliold property
Dewecialioii of slioit leasehold piDI)ei'ty
Depr£cialion orrikltsres and Iiiting8
16501
17801
15051
12,1031
12,4941
18.11531
17.2121
14,0591
14.4471
(1,9701
11,847)
{370)
{I,(K>OI
{1.554)
12,4361
{2,9971
{i.000)
(2,436)
12,9971
{114,7721
I'liis pag¢ doe5 foi'm ptit vf Ilic 51atuloiy finwTrcial slaletnenls,
Page 22