## CANOLFAN HAMDDEN
BEAUMARIS A’R CYLCH
## REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
COMPANY NUMBER: 08330057
CHARITY NUMBER: 1154384
Page 1
## CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## CONTENTS OF THE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
|COMPANY / CHARITY DETAILS
DIRECTORS’ / TRUSTEES’ REPORT
INDEPENDENT EXAMINER’S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE ACCOUNTS
DETAILED INCOME AND EXPENDITURE ACCOUNT|Page|
|---|---|
||2
3
5
6
7
8
11|
Page 2
## CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## COMPANY / CHARITY DETAILS
Name – Canolfan Hamdden Beaumaris a’r Cylch
Charity Number – 1154384
Company Number – 08330057
Registered Office and operaWonal address – Canolfan Beaumaris, RaWng Row, Beaumaris, Ynys Môn, LL58 8AL
Chair – J Alwyn Rowlands MBE
Independent Examiner – Caron Williams
Bankers – Nat West
Page 3
CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## DIRECTORS’ / TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Board presents its directors’ report and financial statements for the year ended 31 March 2024.
## 1. ObjecWves and acWviWes
The company’s objecWves as set out in the memorandum and arWcles of associaWon are to:
- provide and maintain a leisure centre (the Canolfan) for the use of inhabitants of Beaumaris and District, including use for meeWngs, lectures, classes and other forms of recreaWon and leisure-Wme occupaWon so as to improve the condiWons of life for the inhabitants; and
- to provide the community with a service that will create greater cohesion between its people and underpin the social fabric of the area.
The trustees have had regard to the guidance issued by the Charity Commission on public benefit.
## 2. Structure, governance and management
The company is a company limited by guarantee governed in accordance with its Memorandum and ArWcles of AssociaWon and a registered charity.
The board of directors / trustees comprised the following:
Alwyn Rowlands MBE (Chair) Mark Creegan Robert Grant Andrew Reid Roger Thomas Steve MacVicar Frank Carr Shan MacVicar Eurfryn Davies Annege Jones (from December 2023) Carys Thornton Karen Begley
The directors / trustees are recruited from inhabitants of the Canolfan Beaumaris catchment area and are of various professional and related backgrounds. The Board meets at regular intervals to monitor operaWons and to consider strategic magers.
The day-to-day running of the Canolfan is in the hands of the Manager, Warren Jones, and accounts are prepared by the Treasurer, Dafydd Jones FCA.
## 3. Achievements, performance, and plans for the future
At the beginning of the year we were looking for funding to finance our proposed extension to the building. Unfortunately, while some funders were responsive to our applicaWons, SPF funding was rejected. This has leh us in the posiWon of having to rethink our plans, which we are currently doing.
Being posiWve about our future we have employed extra staff and built upon projects that have shown growth, such as Pickleball , Rollerblading, and the very successful Day Camp courses.
We have decided to on some improvements, with new lighWng in the Main Hall and upgrading the Gym, including employing a Registered Trainer to assist people with the new equipment.
As normal we are confident that we will grow the business, but maybe taking a while longer than iniWally planned.
Page 4
## CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## DIRECTORS’ / TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
## 4. Risk Management
The Trustees have idenWfied the major risks to which the charity is exposed and has established systems to miWgate those risks. Financial risk is managed primarily by the formulaWon of a business plan incorporaWng detailed budgets against which performance is regularly monitored.
## 5. Reserves Policy
At 31 March 2024 the charity’s unrestricted funds amounted to £280933. Of this amount, £60679 was invested in fixed assets and £110000 was designated towards major repair and development project expenditure. This leaves free reserves of £110254, and the trustees consider that reserves of at least this amount are required in order to ensure conWnuaWon or an orderly reducWon of operaWons given the unpredictability of future funding and costs.
## 6. Small Company ExempWon
In preparing this report the directors have taken advantage of the special exempWons applicable to small companies.
## 7. Statement of Directors’ / Trustees’ ResponsibiliWes
Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to
- select suitable accounWng policies and then apply them consistently;
- make judgements and esWmates that are reasonable and prudent;
- state whether applicable accounWng standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will conWnue in business.
The directors are responsible for keeping proper accounWng records which disclose with reasonable accuracy at any Wme the financial posiWon of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevenWon and detecWon of fraud and other irregulariWes.
By order of the Board
J Alwyn Rowlands
Canolfan Beaumaris
Director
Beaumaris
14 November 2024
Page 5
CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
I report to the charity trustees on my examinaWon of the accounts of the company for the year ended 31 March 2024, which are set out on pages 6 to 11.
## ResponsibiliWes 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 preparaWon of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having saWsfied 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 examinaWon, I report in respect of my examinaWon of your charity’s accounts as carried
out under secWon 145 of the ChariWes Act 2011 (the ‘2011 Act’). In carrying out my examinaWon I have followed the DirecWons given by the Charity Commission under secWon 145(5)(b) of the 2011 Act.
Independent examiner’s report
I have completed my examinaWon. I confirm that no magers have come to my agenWon in connecWon with the examinaWon giving me cause to believe:
(1) accounWng records were not kept in respect of the company as required by secWon 386 of the 2006 Act; or
(2) the accounts do not accord with those accounWng records; or
(3) the accounts do not comply with the accounWng requirements of secWon 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a mager considered as part of an independent examinaWon; or
(4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended pracWce for accounWng and reporWng by chariWes [applicable to chariWes preparing their accounts in accordance with the Financial ReporWng Standard applicable in the UK and Republic of Ireland (FRS 102].
I have no concerns and have come across no other magers in connecWon with the examinaWon to which agenWon should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Caron Williams
Carreg y Garth Isaf
Rhiwlas
Bangor
14 November 2024
Page 6
## CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024
|2023
4557
19997
188387
21251
650
5522
240364
11279
211775
2100
225154
15210
15210
228378
£ 243588|INCOME
Donations
Charitable activities
- Grants
- Fees for using Canolfan and Car Park
- Events and other fundraising
Bank interest
Other
TOTAL INCOME
EXPENDITURE
Events and fundraising
Other charitable activities
Other - Governance
TOTAL EXPENDITURE
NET INCOME / (EXPENDITURE)
NET MOVEMENT IN FUNDS
Funds brought forward
Total funds brought forward|Note
2
2
3
3|UNRESTRICED
INCOME
FUND
Total
71455
71455
10000
10000
161908
161908
17314
17314
2208
2208
2621
2621
265506
265506
4244
4244
222217
222217
1700
1700
228161
228161
37345
37345
37345
37345
243588
243588
£ 280933
£ 280933|
|---|---|---|---|
||||£|
Page 7
CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## BALANCE SHEET AS AT 31 MARCH 2024
|£
£||2023
66736
---
66736
9450
203794
213244
32180
32180
181064
247800
4212
---
243588
90000
153588
243588|Note
FIXED ASSETS
Tangible Assets
7
110179
Investments
7
1
110180
CURRENT ASSETS
Debtors and Prepayments
8
22262
Cash at Bank and in Hand
255839
278101
CREDITORS: AMOUNTS DUE WITHIN ONE YEAR
Sundry Creditors
9
33048
33048
NET CURRENT ASSETS
245053
355233
CREDITORS: AMOUNTS DUE AFTER MORE THAN ONE YEAR
Loans
10
---
Deferred Grants
74300
£
280933
UNRESTRICTED INCOME FUND
Designated funds
11
110000
General funds
11
170933
£
280933|
|---|---|---|---|
|||||
|||||
|||||
|||||
|||||
|||||
For the year ended 31 March 2024 the company was enWtled to exempWon from audit under secWon 477 of the Companies Act 2006 relaWng to small companies.
Directors responsibiliWes:
- (1) The members have not required the company to obtain an audit of its accounts for the year in quesWon in accordance with secWon 476,
- (2) The directors acknowledge their responsibiliWes for complying with the requirements of the Act with respect to accounWng records and the preparaWon of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors on 14 November 2024 and signed on its behalf by:
J Andrew Reid
## Company N[o] 08330057
Page 8
## CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
## 1. AccounWng Policies
## (a) DuraWon
The financial statements are prepared for the year ended 31 March 2024. The comparaWve figures are for the year ended 31 March 2022.
## (b) Basis of accounWng
The financial statements have been prepared under the historical cost convenWon, and in accordance with FRS 102 (secWon 1A), the ChariWes SORP (FRS 102), and the Companies Act 2006 and where applicable the ChariWes Act 2011.
## (c) Fund accounWng
Unrestricted funds are available for use at the discreWon of the trustees in furtherance of the general objecWves of the charity. Designated funds are unrestricted funds earmarked by the Board for parWcular purposes. Restricted funds are funds received for specified purposes only.
## d) Incoming resources
DonaWons, income from charitable acWviWes and other generated funds are revenue in nature and are recognised when they become receivable. Grants are treated likewise unless they relate to capital expenditure, in which case they are deferred and recognised as income in line with the depreciaWon policy outlined in part f.
## e) Resources expended
Expenditure is recognised in the financial statements on an accrual basis as a liability is incurred, and includes irrecoverable VAT.
Governance costs comprise professional fees incurred in meeWng the statutory requirements of the charity.
f) Fixed assets
The new heaWng system is depreciated on a straight-line basis over a period of 10 years from 1 April 2016. DepreciaWon is provided at the rate of 30% (reducing balance) per annum on other equipment in order to write off the cost of each item over its expected useful life. Solar Panels are depreciated on a straight-line basis over a period of 25 years from 1 April 2015. Expenditure on the planning and design of the proposed Extension has been capitalised and will be depreciated upon compleWon of the project.
## g) Pension scheme
ContribuWons in respect of the charity’s defined contribuWon pension scheme are charged in the year which they are payable to the scheme.
## 2. Income
|Income includes:
Grants - Beaumaris Town Council and Other Community Councils
- Other
DonaWons - Friends of Canolfan
- Masnach Canolfan Cyf
- Others|2024
£
10000
---
7000
60843
3612|2023
£
10000
9997
---
---
4557|
|---|---|---|
A capital grant of £49500 was also received from the NaWonal Logery during the year.
|3.|Resources expended on charitable acWviWes and governance costs
Expenditure on charitable acWviWes includes -
DepreciaWon
Governance costs include –
Accountancy and Independent ExaminaWon|2024
£
13603
1700|2023
£
14714
2100|
|---|---|---|---|
Page 9
CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
## 4. Staf costs
|Wages and salaries
Pension Costs
£||2024
116691
4121
120812
£|2023
99975
3813|
|---|---|---|---|
||||103788|
No employee received emoluments of more than £60000.
The average number of full and part-Wme employees during the year was 14 (2023: 13).
## 5. Trustee remuneraWon and related party transacWons
No members of the board received any remuneraWon during the year.
No trustee or other person related to the charity had any personal interest in any contract or transacWon entered into by the charity during the period.
## 6. TaxaWon
As a not-for-profit organisaWon and a charity, Canolfan Hamdden Beaumaris a’r Cylch is exempt from tax on income and gains to the extent that these are applied to its charitable objects.
## 7. Fixed Assets
|COST
As at 01.04.23
Additions
Disposals
As at 31.03.24
DEPRECIATION
As at 01.04.23
Charge for the Period
Disposals
As at 31.03.24
NET BOOK VALUE
As at 31.03.24 £
As at 31.03.23 £|EXTENSION
EQUIPMENT
---
179417
63419
---
---
13008
63419
166409
---
134306
---
12112
---
6635
---
139783
63419
£
26626
---
£
45111|SOLAR PANELS
32373
---
---
32373
10748
1491
---
12239
£
20134
£
£
21625
£|TOTAL
211790
63419
13008|
|---|---|---|---|
||||262201|
||||145054
13603
6635|
||||152022|
||||110179|
||||66736|
Page 10
CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
## 8. Debtors and Prepayments
|9.
10.|Creditors: Amounts falling due within one year
Loans
Grants receivable
Charges for use of Canolfan
Masnach Canolfan Cyf
Sundry Debtors
Prepayments
£
Taxation and social security
Other creditors and accruals
£
Bank loans (unsecured)
£|||
|---|---|---|---|
|||||
|||||
## 11. Movement in funds
|At 01.04.23
Unrestricted funds:
General
153588
Designated major repair fund
10000
Designated development project fund
80000
£
243588|Net incoming
resources
37345
---
---
£
37345
£||Transfers
At 31.03.24
(20000)
170933
---
10000
20000
100000
---
£
280933|At 31.03.24|
|---|---|---|---|---|
||£||||
|||||170933
10000
100000|
## 12. Limited by guarantee
The company is limited by guarantee.
Page 11
CANOLFAN HAMDDEN BEAUMARIS A’R CYLCH
## DETAILED INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 MARCH 2024
||2023
123827
20795
10000
8497
1500
210
4557
---
456
64560
5312
650
---
240364
103788
10603
15266
1999
3401
3215
3207
64
1244
1821
17100
2896
7656
10035
5717
669
3491
5210
180
1264
2320
2100
3863
300
577
2454
14714
225154|Income
Fees for using Canolfan
159743
Events and New Activities
14022
Grants - Beaumaris Town Council and other Community Councils
10000
- Kickstart
---
- Other
---
Membership
---
Donations
64455
Friends of Canolfan
7000
Fundraising
3292
Car Parking
2165
Feed-In Tariff
2621
Interest
2208
Sundry
---
265506
Less:
Expenditure
Staff Costs
120812
Gas
10812
Electricity
14236
Water
1915
Insurance
3423
Telephone and Internet
2587
Office Costs
2811
Advertising
1163
Goods for Resale
1995
External Coaches and Instructors
2695
Repairs, Maintenance and Cleaning
21847
Car Parking
---
Library Expenses
312
Events and New Activities
2249
Uniforms and Consumables
1994
Waste Collection
710
Health and Safety
5203
Studio and Hire
3916
Licences
201
Training
2083
Payroll Admin
1920
Professional Fees
1700
Bank Charges
5005
Loan Interest
---
Donations
50
Sundries
4919
Depreciation
13603
228161|
|---|---|---|
||||
||||
E 15210 Surplus / (Defcit) of Income over Expenditure 37345
£