||||Page||
|---|---|---|---|---|
|Report ofthe|Trustees|1|to|9|
|Report ofthe|Independent
Auditors|10|to|12|
|Consolidated|Statement of Financial Activities||13||
|Consolidated|and Charity Balance Sheet||14||
|Consolidated|Cash Flow Statement||15||
|Notes to the|Financial Statements|16|to|28|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|funds|funds|Funds|
|||||Notes|F||f|F|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies|||||958,429|10,000|968,429|1,239,717|
|Charitable
activities|||||||||
|Provision ofrecreational|and leisure facilities||||522,549||522,549|334,716|
|Provision ofsocial activities|||||364,770||364,770|56,672|
|Other trading
activities|||||94,119|5,743|99,862|47,211|
|Investment
income|||||68||68|457|
|Other income|||||1,916||1,916|5,447|
|Total|||||1,941,851|15,743|1,957,594|1,684,220|
|EXPENDITURE ON|||||||||
|Raising funds|||||2,401||2,401|12,000|
|Charitable
activities|||||||||
|Provision of recreational|and leisure facilities||||882,554|5,743|888,297|524,183|
|Provision ofsupport services|||||365,876|953|372,342|319,373|
|Provision ofsocial activities|||||690,636||685,123|678,100|
|Total|||||1,941,467|6,696|1,948,163|1,533,656|
|NET INCOME|||||384|9,047|9,431|150,564|
|Unwinding
ofdiscounted|pension||provision||(25,127)||(25,127)|(17,670)|
|Net income/(expenditure)||for the year|||(24,743)|9,047|(15,696)|132,894|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds brought
forward|||||(88,576)||(88,576)|(221,470)|
|TOTAL FUNDS CARRIED||FORWARD|||~113,319)|9,047|~104,272)|~88,876)|
##
##
|||||Group||Charity|
|---|---|---|---|---|---|---|
|FIXEDASSETS||Notes|2022
f|2021|2022
f|2021
f|
|Tangible assets
Investments||15
16|45,496|39,970|45,496|39,970
4|
||||45,496|39,970|45,500|39,974|
|CURRENT ASSETS|||||||
|Stocks
Debtors: amounts
Cash at bank|falling due within one year|17
18|20,267
60,977
532,939|8,503
74,592
631427|20,267
75,690
437,264|8,503
97,211
585,967|
||||614,183|714,522|533,221|691,681|
|CREDITORS|||||||
|Amounts
falling due within one year||19|(259,197)|(328,644)|(250,918)|(319,836)|
|NET CURRENT ASSETS||||385,878|282 303|3?1845|
|TOTAL ASSETS|LESSCURRENT LIABIUTIES||400,482|425,848|327,803|411,819|
|PENSION UABIUTY|||(504,754)|(514,424)|(504,754)|(514,424)|
|NET ASSETS/(LIABILITIES)|||((~04.272|~88.576|(~(76.95(|i(02.605)|
|FUNDS||21|||||
|Unrestricted
funds:|||||||
|General
fund
Pension reserve|||391,435
~504754
(113,319)|425,848
~514424
(88,576)|318,756
~504 754
(185,998)|411,819
~5(4424
(102,605)|
|Restricted funds|||9,047||9,047||
|TOTAL FUNDS|||(~104,272|~88,576|(~(76.951|~102.605)|
##
|||||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes||F|||
|Cash flows from operating||activities:|||||||||
|Cash generated
from operations||||||||~76,619)||141,410|
|Net cash provided
by (used in) operating|||||||||||
|activities||||||||~76,619)||141,410|
|Cash flows from investing||activities:|||||||||
|Purchase oftangible
fixed assets||||||||(21,937)||(6,987)|
|Sale oftangible
fixed assets||||||||||6,759|
|Interest received||||||||68||457|
|Net cash provided
by (used in) investing|||||||||||
|activities||||||||~21,669)||229|
|Change
in cash and cash|equivalents|||in the|||||||
|reporting
period||||||||(98,488)||141,639|
|Cash and cash equivalents||at the|beginning||of||||||
|the reporting
period||||||||631,427||489,788|
|Cash and cash equivalents||at the|end|ofthe|||||||
|reporting
period||||||||532,939||631,427|
|RECONCILIATION|OF NET INCOME/(EXPENDITURE)||||||TO NET CASH FLOW FROM||OPERATING|ACTIVITIES|
||||||||||2022|2021|
|Net income/(expenditure)|||for the reporting|||period (as|per the statement||||
|offinancial activities)|||||||||9,431|150,564|
|Adjustments
for:|||||||||||
|Depreciation
charges|||||||||16,411|19,203|
|Profit on disposal of|fixed assets|||||||||(1,415)|
|Interest received|||||||||(68)|(457)|
|Decrease/(increase)||in stocks|||||||(11,764)|16,226|
|Decrease/(increase)||in debtors|||||||13,615|53,342|
|Increase/(decrease)||in creditors|||||||(69,477)|(63,989)|
|Difference between|pension||charge and||cash contributions||||~34.797)|~32,064)|
|Net cash provided|by (used in)|||operating||activities|||~76,619)|141,410|
|ANALYSIS OF CHANGES|||IN NET FUNDS||||||||
||||||||At 1/7/21|Cash flow||At 30/6/22|
||||||||||F|F|
|Net cash|||||||||||
|Cash at bank and in||hand|||||631,427||98,488|532,939|
||||||||631,427||98,488|532,939|
|Total|||||||||||
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##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||F|F|
|Fundraising
income|||||1,243|1,522|
|Trading
income - subsidiary|||||90,594|41,316|
|Sponsorships|||||4,500|800|
|Minibus
and car|hire recharge||||3,494|3,573|
|Other income|||||31||
||||||99,862|47,211|
|INVESTMENT INCOME|||||||
||||||2022|2021|
||||||F|F|
|Deposit account|interest||||68|457|
|INCOME FROM|CHARITABLE|ACTIVITIES|||||
||||||2022|2021|
|||Activity||||F|
|SU Sport income||Provision|ofrecreational|and leisure facilities|115,174|52,223|
|Clubs 8 Societies income||Provision|ofrecreational|and leisure facilities|407,375|282,493|
|Shop income||Provision|ofsocial activities||60,744|8,396|
|Bar income||Provision|ofsocial activities||117,084|7,752|
|Catering
income||Provision|ofsocial activities||152,472|25,934|
|Amusements
income||Provision|ofsocial activities||4,209|462|
|ENTS department|income|Provision|ofsocial activities||30,261|14,117|
|Safe taxi scheme||Provision|ofsocial activities|||11|
||||||887,319|391,388|
##
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||||||Support||
|---|---|---|---|---|---|---|
|||||Direct|costs (see||
|||||Costs|note 10)|Totals|
|||||F|||
|Provision ofrecreational|and leisure facilities|||742,108|146,189|888,297|
|Provision ofsupport services||||238,142|134,200|372,342|
|Provision ofsocial activities||||561,953|123,170|685,123|
|||||1,542,203|403,559|1,945,762|
|SUPPORT COSTS|||||||
|||Staff|||Governance||
|||costs
f|Other|Depreciation
F|costs
F|Totals
E|
|Provision ofrecreational|||||||
|and leisure facilities||91,411|45,318|1,513|7,947|146,189|
|Provision ofsupport|||||||
|services||79,755|45,272|1,467|7,706|128,687|
|Provision ofsocial activities||94,966|17.171|1,604|9,429|123,170|
|||266,132|107,761|4,584|25,082|403,559|
##
##
|Net inco|me/(|expenditure)
is stated after charging/(crediting):|||
|---|---|---|---|---|
||||2022|2021|
||||E|E|
|Auditors'|remuneration||7,982|9,640|
|Depreciation||-owned assets|16,411|19,203|
|Surplus|on|disposal offixed assets||~1,415)|
##
##
||2022|2021|
|---|---|---|
|Name|||
|V Gonavaram|17,335||
|N Wrigley|17,690||
|K Davies|1,608|19,343|
|A Fox||1,626|
|M Pavuluri|1,576|18,083|
##
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##
##
|STAFF|COSTS|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E||
|Wages|and salaries|||900,027|912,716|
|Social security costs||||48,596|51,293|
|Other pension costs and deficit contributions||||16,092|16,766|
|||||964,715|980,775|
|The average
number ofemployees|||during the year was as follows:|||
|||||2022|2021|
|Average|number of monthly|employees||35|42|
|Average|number offortnightly|employees||59|57|
|||||94|99|
##
|The numbe|r ofemp|loyee|s
who|se emoluments|amounte|d
to a|rate ofover f60,000|during the year wer|e as follows|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||No.|No.|
|860,001 -|870,000|||||||1|0|
|280,001 -|290,000|||||||1|1|
|Pension contributions||||||||F12,218|P7,754|
|Total remuneration||paid|to key|management|personnel|in the|year was f252,540 (2021:6203,231).|||
|COMPARATIVES||FOR|THE STATEMENT||OF FINANCIAL ACTIVITIES —YEAR|||END 30JUNE 2021||
||||||||2021|2021|2021|
||||||||Unrestricted|Restricted|Total|
||||||||funds|funds|funds|
||||||||F|E|F|
|INCOME AND ENDOWMENTS||||FROM||||||
|Donations|and legacies||||||1,203,050|36,667|1,239,717|
|Charitable|activities|||||||||
|Provision|of recreational||and leisure facilities|||||||
||||||||334,716||334,716|
|Provision|ofsocial|activities|||||56,672||56,672|
|Other trading
activities|||||||44,889|2,322|47,211|
|Investment|income||||||457||457|
|Other income|||||||5,447||5,447|
|Total|||||||1,645,231|38,989|1,684,220|
##
##
|.|COMPARATIVES
|FO|R|THE STAT|EMENT OF FINANCIAL|ACTIVITIES - continue|d||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|||||||F|F|F|
||EXPENDITURE ON||||||||
||Raising funds|||||12,000||12,000|
||Charitable
activities||||||||
||Provision of recreational|||and leisure|facilities|521,861|2,322|524,183|
||Provision ofsupport|services||||319,373||319,373|
||Provision ofsocial activities|||||641,433|36,667|678,100|
||Total|||||1,494,667|38,989|1,533,656|
||NET INCOME|||||150,564||150,564|
||Other recognised|gains/(losses)|||||||
||Actuarial gains/(losses)
schemes|||on defined|benefit|~17.670)||~17,670)|
||Net movement
in funds|||||132,894||132,894|
||RECONCILIATION|OF FUNDS|||||||
||Total funds brought||forward|||(221,470)||(221,470)|
||TOTAL FUNDS CARRIED FORWARD|||||~88.576)||~88.576)|
|15.|TANGIBLE FIXED||ASSETS —Group and Charity||||||
||||||||Bars 8|Office|
|||||||Sports|Shops|fixtures|
|||||||Equipment|fittings
f|8 fittings
F|
||COST||||||||
||At 1 July 2021||||||298,468|13,818|
||Additions|||||775|1,963||
||At 30June 2022|||||775|300,431|13,818|
||DEPRECIATION||||||||
||At 1 July 2021||||||262,876|11,706|
||Charge for year|||||113|11,827|605|
||At 30June 2022|||||113|274,703|12,311|
||NET BOOK VALUE||||||||
||At 30June 2022|||||662|25,728|1,507|
||At 30June 2021||||||35,592|2,112|
##
##
##
|TANGIBLE FIXEDASSETS —Group and Charity|-continued||||
|---|---|---|---|---|
|||Motor|Computer||
|||vehicles
f|equipment
f|Totalsf|
|COST|||||
|At 1 July 2021||11,699|17,936|341,921|
|Additions||15,000|4,199|21,937|
|At 30June 2022||26,699|22,135|363,858|
|DEPRECIATION|||||
|At 1 July 2021||11,699|15,670|301,951|
|Charge for year||1,563|2,303|16,411|
|At 30June 2022||13,262|17,973|318,362|
|NET BOOK VALUE|||||
|At 30June 2022||13,437|4,162|45,496|
|At 30June 2021|||2,266|39,970|
|FIXEDASSET INVESTMENTS - Charity|||||
|||||Shares
in|
|||||group|
|||||undertakings
f|
|||||||2022
f|2021
f|
|---|---|---|---|---|---|---|---|
|Stocks||||||20,267|8,503|
|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||
|||||Group|Group|Charity|Charity|
|||||2022
f|2021
f|2022
f|2021
f|
|Trade debtors||||30,844|10,186|25,552|7,306|
|VAT|||||19|||
|Amount|due from group||undertakings|||20,005|25,518|
|Prepayments||and accrued income||30,133|64,387|30,133|64,387|
|||||60,977|74,592|75,69D|97.211|
##
##
##
##
||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2022|2021|2022|2021|
|||F|F|F|
|Trade creditors|51,341|28,657|51,341|28,657|
|Social security and other taxes|39,085|14,605|39,085|14,605|
|VAT|9,624|351|7,687|351|
|Other creditors|42,533|80,855|36,191|80,855|
|Accruals and deferred income|116,614|204,176|116,614|195,368|
||259,197|328,644|250,918|319.836|
|Included
within accruals and deferred|income above is the followi|ng
deferred income:||
|---|---|---|---|
|||2022|2021|
||||E|
|Private hire bookings||2,304|267|
|Other advance
funding||20,002|7,521|
|Castell Howell funding||21,429|28,571|
|COVID-19 recovery grant|||32,845|
|Welsh Government
Winter Wellbeing|grant|38,434||
|||82,169|69,204|
##
##
|Minimum
lease payments
under non-cancellable
operating|leases fall due as follows:||
|---|---|---|
||2022|2021|
||F|F|
|Within one year|26,863|39,095|
|Between one and five years|41,184|69,064|
||68,047|108,159|
##
##
##
|MOVEMENT
IN FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1/7/21|in funds|funds|30/6/22|
||||||F|E|||
|Unrestricted
funds|||||||||
|General fund|||||187,396|28,480|(34,797)|181,079|
|Pension reserve|||||(514,424)|(25,127)|34,797|(504,754)|
|Designated
fund: Women's||football dub|||7,914|16,881||24,795|
|Designated
fund: Men's|football|||club|230,538|~44.977)||185,561|
||||||(88,576)|(24,743)||(113,319)|
|Restricted funds|||||||||
|Changing
the culture —Funding||||for Interns||9,047||9,047|
|TOTAL FUNDS|||||~88,576)|15,696||~104,272)|
|Net movement
in funds,|included|||in the above are as follows:|||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
|||||||||E|
|Unrestricted
funds|||||||||
|General
fund|||||1,635,898|(1,607,418)||28,480|
|Pension reserve|||||||(25,127)|(25,127)|
|Designated
fund: Women's
football club
Designated
fund: Men's football club|||||30,153
275,800|(13,272)
~320,777)||16,881
44,977|
||||||1,941,851|(1,941,467)|(25,127)|(24,743)|
|Restricted funds|||||||||
|Clubs and societies
Rental lease|||||5,743
10,000|(5,743)
~953)||9,047|
||||||15,743|6,696||9,047|
|TOTAL FUNDS|||||1,957,594|~1,948,163)|~25.127)|15,696|
|Comparatives
for movement|||in funds||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1/7/20|in funds|funds|30/6/21|
||||||F|E|F|E|
|Unrestricted
funds|||||||||
|General fund|||||116,676|102,784|(32,064)|187,396|
|Pension reserve|||||(528,818)|(17,670)|32,064|(514,424)|
|Designated
fund: Women's||football club|||7,876|38||7,914|
|Designated
fund: Men's|football|||club|182,796|47,742||230,538|
||||||~221,470|132,894||~88,576|
|TOTAL FUNDS|||||~221,470)|132,894||~88,576)|
##
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##
|ANALY|SIS OF GROUP NET ASSETS BETWEEN|FUNDS||||
|---|---|---|---|---|---|
||||Restricted|Unrestricted||
||||funds|funds|Total|
|||||f|F|
|Fund balances at 30June 2022 are represented||by:||||
|Tangible|fixed assets|||45,496|45,496|
|Current|assets||9,047|605,136|614,183|
|Current|liabilities|||(259,197)|(259,197)|
|Pension|liability|||~504,754|~504,754|
|Total net assetsl(liabilities)|||9,047|~113.319|~104,272|
##
|A summary|of|the|results ofthe subsidiary|for the year is shown|below:||
|---|---|---|---|---|---|---|
|||||||F|
|Turnover||||||90,594|
|Cost ofsales||||||(8,401)|
|Gross profit||||||82,193|
|Administrative||expenses||||(10,324)|
|||||||71,869|
|Other operating||income||||31|
|||||||71,900|
|Interest receivable|||and similar income||||
|PROFIT ON|ORDINARY ACTIVITIES BEFORE TAXATION|||||71,911|
|Taxation|||||||
|PROFIT FOR THE FINANCIAL YEAR||||||71,911|
|The aggregate||ofthe assets, liabilities and||funds was:|||
|||||||f.|
|Assets||||||100,967|
|Liabilities||||||(28,284)|
|Funds||||||72,683|