REGISTERED COMPANY NUMBER: 07694161 (England and Wales) REGisfERED CHARrrY NUMBER: 1149421 ORT OFTHE TRLSTEES AND NAUDITED FlfiAf* STATF.MENTS OR THF. YEAR E.YDLD IJLLY2 FOR FF.LIN EL XEC Tl ELTD Charles & Co Chartered Certified A¢¢ountanis 3 Mwray StreeL Llanelli carnrthenshtre SA15 IAQ
FELINFOEL TtVE CofvtMIEE LTD CONTENTS Ob. TIIE FIYA.NCIAI. ST A TF.MF.NTS FOR THE YEAR ENDED 3 23 Page Report of the Tru31ees Independellt EKamlv¢r's Report Statement of Financial A¢¢lvltieJ Balance Sheet Notes to the Flnanclal Statements 6 to 10 Detailed Staternent o( FiThaty¢Aal Aetlvltie5
FELINFOEL EXEcirrIvE CO.MMITTEE LTD REPORT OF THE TRUSTEES FOR THE YE.4& ENDED 31 "LY 2023 The trustees who are also directors of the charity for the pu4Jos¢s of the Companies Act 2006> present ti)eir Teport with the financial statements of th¢ ¢harity for the year ended 31 July 20?3. The tn]stees have adopr¢d the provisions of Accounting and Reporting by Charities- Statemeni of R¢comni¢nded Prdctice applicable to charities preparing the accoLmts in accordance with the Financial Reporting Standard applicable iti the UK and Republic of Ire]and {FRS 1021 (effe¢tive l January 2019). OBJECTIVES AND ACTIVITIES Obj¢¢tlve$ 8nd aims To pl001t fur ihe benefit of the inhabilaDts of Felinfoel atyj surrounding areas without distinction of sex, sexual orienration, race or of polirical, rcligious or other opinion& by associating together the said inh&bitant5 and the local authoi'ities, voluntary and other organisa(iorts in a cornmon effort to advance education and to provide facilities in the interests ot so¢ial wclfare for recreation and other leisure time occupations wirh the objecis of impmving ih¢ conditions of lif¢ of the said ttthabilallts. Also lo manage and m8lliiaiD 4 community centre in furtherance of these objerlive5. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng doeument The charity is conii'olled by its governing documenL a deed of trt, and constitutes a limited company. limited by guarantee, as defined by the Companie5 Aci ?(K)6. REFERENCE AND ADMINISTRATIVE DETAILS Registered Comp¥n J number 07694161 (England and Wal¢$) Reilglered Charlty number 1149421 Reglstertd offl¢e King tieorgc's Playing Field% Felinfoel R Off Yny5wen Road Felinfoel Llanelli C.arinarthenshire SA14 8BE Trysteei H J Evans Retired D l Lewis Retired I C Richards Tooltnaker D W H Iuchards Fomer Company Secretary Independent Examlner Robert Ashley Williams FCCA Char1¢5 & Co Cliartered Certified A¢¢ountants 3 Murray Street Llanelli Carniartben5hire SA15 IAQ Approved by order of the board of tTUStees on I I September 2023 and sign¢d on its behalf by.. Page I
FELlhTOEL EXECtrrivE CoMMIEE LTD REPORT OF TIIE TRUSTEES FOR THE YE.4R EhDED31 JU D W H Richard5- Trustee {LO Page 2
INDEPENDEwf EXAMINER'S REPORT TO THE TRLSTEES OF FELINFOEL EX£CLTIVE COM.MITTEE LTD Independent exarniner's report to the trustets of FeliDfoel Exeeutive Cofflrnitlee Ltd ('the Company,) I report ro the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2023. Responsibilities #nd basis of report As the chariry's trustees of the Company (and a150 its directots for the purp05¢s of company law) you are responsible for the preparation of the Jccounts in accordance with the requirements of the Companie5 Act 2006 ethe 2006 Act,). Having satisfied myself that the accounts of the Company are not requtred to be audited under Part 16 of the 2006 Act and are eligibl¢ for iAdependent ¢xatniwion. I report in respecr of my exatninktion of your charitys a¢¢ounts as carried out under Section 145 of the Chariiies Aci ?01 I Cthe 2011 Acrfl. Ill carryijig out my examination I haye followed the Directions given by the Chariry Cottllnis5iOD under Section 145{5) (b) of the 201 l A¢t. Indepelldetst eK4miner's statement I have completed my examination. I confirm that rto maners hav¢ to my attention in connection with the examination giving mc ¢ause to believe: accounting re¢ords were not kepi iti respect of the Company as required by Section 386 of the 2006 A¢( or th¥ u¢counts do not a¢cord with those recordg- or thc accounts do not comply with the ac¢ounting requirements of Section 396 of the ?006 Act other thdll yny requirenient that the accounrs give a true and fa view which is noi a matter considered part of an indepcndcnt ¢xamination.' or the accoiints have not been pr¢pared in accordance with the methods and principles of th¢ Statcment of Re¢ommcnded Practi¢¢ for accountUl8 and reporting by charities {dpplicable to chariri¢s preparing their accounts in accordane¢ with the Financiol Reporting Standard applithle in the UK and Republic of Ireland IFRS 102)). no concerns and have come across no other matters in conne¢tion with the examinaiion io which 8ttention Should be drawn in this report in order io enable a proper understsnding of the accounts to be re&¢hed. Robert Ashley Williaftu FCCA Charles & Co C'hartered Certified Accountants 3 Mllrr4y Street CaiTharthen5hire SA15 IAQ I I September 2023 Page 3
FELIliFOEL EXECUTIVE COMMIThEE LTD STATEfvIEYT OF FINAYCI.4L ACTINlEs FOR THE YEAR E"DED 31 JULY 2UZ3 2023 Unrestrict£d fund 2022 Total fund5 INCOME AND ENDOWMENTS FROM Donations and leg]¢$ 3,242 Investment income 30.806 22.805 Total 30,806 26,047 EXPENDITURE ON Charltable aetivlties Felintoel Community 31,(MM) 33,492 NET INCOMEIIEXPENDITURE) {194} (7,445) RECONCII.IATION OF Fuf4DS Tutal funds broughi fonvard 8,683 16,1?8 TOTAL FUNDS CARRIED FORWARD 8,489 8,683 The notes forni part of these financial statrments pe4
FELIP4FOEL EXECLTIVE COMMITTEE LTD BALANCE SHEE 31 JLILY 20?3 2023 2022 Total funds Unrestrict¢d fund Note5 FtXED ASSETS Tangible dSS¢ts 5,096 6,369 CURRETrrf ASSETS Cash at bank and in hand 3,813 2.734 CREDITORS AmoLints falliR8 du¢ within one year {42(1) (4201 NET CURRENT A&SETS 3,393 2,314 TOT AL ASSETS LKSS CURRENr LIABILJTIES 8,489 8,683 IYET ASSCTS 8,489 8,683 FUNDS Unrestri¢¢ed lunds 8,489 8.683 TOTAL FUNDS 8.489 8,683 I'he charitable company is entitled to exemption from audii under Seciion 477 of the Compani¢s Act 2006 lor th¢ year ended 31 Julj. 2023. The members have not required le company io obtain an audit of its frnartciai statements for the year ended 31 July 2073 in &¢cordance witli Section 476 of the Companies Act ?006. The trustees acknowledge their responsibiliiies for ensuring ih&t the charitable company keeps a¢¢ouniing records that comply with Se¢tions 386 and 387 of the Companies Act 26 and preparing financial slatemen(s which give a irue and lair view of the siale of atTairs of the ¢haritable Compdny as at the end of each fthan¢ial year and of its surplus or deficii for eaeh financial year in accordaii¢e with the r¢quircmenis of Sections 394 and 395 and which otherwise comply with the requirein¢nts of the Companies Act 2006 relatin¥ ts) financial statements, so far &5 appIlble to the cbarirable ¢ompany. Ib) T'h¢5¢ financial sralemenis have be¢n prepared in attordance with the pn)visi0Ths appli¢able to charitable compani¢5 subject to ihc small companies regime. The financial statements were approved by the Board of Tntslees and aud)oris¢d for issue on I I September 2023 and were ned on its behalf by.. DWHRIC ards- TTUStee The notes form part of these financial stAtements Page 5
FELIYFOEL EXECUTIVE COMMrrrEE LTD IYOTFS TO THF. FINAJCIAL STATEMETr4TS FOR TIIE YEAR EYDF.D 31 JULY 2023 ACCOUNTING POLlCtES Basis of preparing the financial $l*iemellts The fttwicial statements of the charithble comparty, whi¢h is a public benefit elltty under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'A¢¢ouniing and Reporting by Charitie5'. Statement of R¢conuneAded Practice applicable to charities prepariDg their accounts in accordance with the Financial Reporting StandArd applicable in the UK and Republic of Irelalld (FRS 102) (effective l January 20191,, Financial Rcporting Standard 102 The Financial Rewning Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. Th¢ financial stsiements have been prepared under the historical cost convention. Income All income is recognised in th¢ Stsicment of Financial Auivities once the ctwity has enti¢l¢rnent to the Ojnds, it is probable that the income will be received and the amount can be n)e&swed reliably. Esp¢rtditure Liabilities are recognised &4 ¢xpendiLur¢ as soon as there is a legal or con5tw¢tiv¢ obligaiion committing the charity to ihat expenditure. it l5 probable thal a trdnsf¢r of ¢¢onomi¢ benefits will be required in selrlement and the amount of the obligation can be measured reliably. Expenditur¢ 1% accoun¢¢d for on an accruals basis and has been cllls5ificd under headings ihai aggregate all cosl relad to the category. ITr¢re ¢osts winot be directly atti'ibuted iu particular h¢adings they have been a]locaied to actlViTies on a b1$ consistent with die iise of resources. Grants offered $ubjeet to conditions which have noi been met at the year end date are noted as a coinmitsneni but not accrued ay expenditure. T&n8lble flxed asjets Depr¢ci&tion is provided at the following annual Tates in order to wriie off ¢ach asset over its estimated useli]I Fixtur¢s and flttings Computer equipnieiit 2/0 on reducing balance 2/ts on r¢ducin8 balanc¢ Taixmtion Thc charity is exempt frorn corporY4tioTr tax on its clwitable ictiviiies. Fund g¢¢ountlng Unrestricted liiiids ran be used in accordance with the charitable obj¢ctiV¢% at the discretion of the trnstee8. Restricted fur.ds can only be used for particular restricted Purpos within the objects of the charity. Restrictions arise when speiified by the donor or funds arc raised for panicular restricted purposes. Further explanation of ihe nttttsre and purpo% of each fimd is included in the notes th¢ finAncial stslements. INVESTMEwf INCOME 2023 2022 Rents received Contribution5 to Utilities 29,148 1,658 19,885 2,920 30,806 22,805 Page 6 continLLed...
FELINFOEL EXECL TIVE cOMMIEE LTD NOTES TO THE FINANCIAL STATEMEKtS- eontinued FOR I'HE YEAR EYDED 31 JLIY 2023 NET INCOMEI{EXPENDtruRE) Net income/{¢xpenditure) is stated after chargingl(crediiing}: 2023 2022 Depreciation- owned &55ets 1,273 1,591 TRUSTEES, REMUNERATION AND BENEFITS There were no tN5tees' remuneratton or other benefiL8 for the year ended 3 l July 2023 Dor for the year ended 31 July 2022. Trustees expen$&s There were no trustees, ¢xp¢ns¢5 paid for the year ended 31 July 2023 nor for th¢ year ended 31 July 2022. COMPARATIVES FOR THE STATEMENT OF blNANCIAL AcfiviTIES Unre8tricted fund INCOME AND EYDOWMELYTS FROM Donations and legacies 3,242 Investment in¢om¢ 22.805 Total 26,047 EXPW.NDITURE ON Chxrltnbl¢ activlties Felinfoel Communiry 33,492 NET INCOMEI(EXPENDrfuREI (7,445) RF.CONCILIATJON OTr" FUNDS Total broughi lorward 16,128 TOT AL FUNDS CARRIED FORWARD 8.683 Page 7 cotttinued...
FELTNFOEL EXECLTIVE COM.M[E[ LTD riOTES TO THE FtNANCIAL STATEMEYTS- contilled FOR THF. YF,AR F.NDF.D 31 Jt,'LY 2023 TANGIBLE FIXED ASSETS Fixtsjres and fittings Plant and machillery Cotnputer equipment Totals COST At l August 20?2 and 31 July 2023 6.432 1,534 13,651 21,617 DkPRECIATION At l August 20?? Charge for year 2J15 823 748 157 12,185 293 15.248 1273 At 31 July 2023 J,138 905 12,478 16,521 NF.T BOOK VALUE Ai 31 Jul5, 2023 3294 629 1,173 5,096 Ai 31 July 2022 4.117 786 1,466 6,369 CKLDtTORS: AMOUNTS FALLIi%G DUE WITHIN ONE YEAR 2023 2022 Accrued exper$ 420 420 MOVE.MENT IN FUNDS N¢t mov¢m¢nt in funds At 31.7.23 At 1.8.22 UNrestrl¢ted tsnds General fund 8.683 (194) 8,489 TOTAL FUNDS 8,683 (1941 8,489 Net movement in funds, included in ihe above gxe as follows.. tncoming resources Resources expended Movement in ndS Unrestricted frtd5 General fund 30.806 {31,000} (194) TOTAL FUiYDS 30,806 {31,000) (194) Page 8 continued...
FELINFOEL EXECUTIVE COMMirrEE LTD NOTES TO THE FINANCIAL STATEMEWf fontinued FOR THE YEAR E.YDEDJI Ly 2023 MOVEMEKf IN FLNDS- eonilThued Comparatlv¢s for rnOvemet in funds Net movement in funds Ai 31.7.22 At 1.8.21 Unrestricted funds General fiind (7,445) 8,683 TOTAL FUNDS 16.128 (7,4451 8,683 Comparative net moyemeni in fijnds, included in the abo as follows.. tncomtng resources Resour¢es ¢xp¢nd¢d Movement in funds Unre5trlcted funds General fund 26.047 (33,492) (7.445) TOTAL FUNDS 26,047 (33,49? (7,445) A current year 12 months and prior year 12 months combijied position is as follows.. Net movement in funds At 31.7.23 Ai 1.8.21 Unreslrl¢ted funds Gener1c I fiind 16,128 (7,6391 8,489 TOTAL Fuf4DS 16,128 (7,639) 8,489 A current yetw 12 months and prior year 12 months combined net tnovement in fvnds, included in the above are as follows.. Incoming resources Resources exp¢nded Movenieni lli funds Unre5trlcted fuDILs General fund 56,853 (64.4Y2) (7,639) TOTAL EUNDS 56,853 (64,492) (7,639) Page 9 ¢ontinued...
FELINFOEL EXECUTIVE COMMirrEE LTD NOTES TO THE FIYAYCI.41. 8T.ATF.MENTS - eontinue TrOK IHE YE.4R ETr4DED 31 JLLY 2023 RELATED PARTY DISCLOSURES There were no related party tran$tionS for the year ended 31 July 2023. Page 10
FELINFOEL EXECUTIVE COMMlftEE LTD TAILED STATE.ME%T OF FINANCIAL AcfIviTtES FOR THE YEAR ENDED 31 JLLY 2023 2023 2022 INCOME AND ENDOWMEKTS Donations and legacies GrtS 3,242 It)vtment In¢omt Rents received Contributions io Utilitics 29.148 1,658 19,885 2,920 30,806 22,805 Total Ineomlmg resourees 30,806 26,047 EXPKNDITUR Charitable activities Wages Ilates and water Insurance Light and heat Telephone Sutsdries Cleanin Repairs & R¥n¢wals Dcprecialion of tangible fixed assets Grants and donations 2.430 2,273 1.574 2,399 1,838 13,568 507 737 3,728 3,347 1.273 2,875 480 3,837 6,214 1,591 3,010 30,272 32,745 Support costs Fln#ne¢ Bank ¢harEes 308 327 Governaiice costs Accountancy and legal fees 420 420 Total resources expended 31.IM)O 33,492 Net expendlture (194) (7.445) This page does noi form part of the sraDJtory fillancial staiements Pagell