## **CYMDEITHAS ERYRI** 

## **SNOWDONIA SOCIETY** 

## **REPORT AND ACCOUNTS** 

**YEAR ENDED 30 JUNE 2021 Charity Number:  1155401** 

## INDEX TO THE ACCOUNTS 

||Page|
|---|---|
|Chair’s Review of the year ending 30 June 2021|2 - 5|
|Annual Report of the Trustees|6 - 9|
|Independent Examiner’s report|10|
|Statement of Financial Activities|11|
|Balance Sheet|12|
|Notes forming part of the accounts|13 – 19|



1 



Cymdeithas Eryri Snowdonia Soclety
Annual Reports and Accounts
Year ended 30th June 2021
CHAIR'S REVIEW OF THE YEAR
This time last year we had come through the first Covid 'lockdown' and were wondering what a
'new normal, would be like for all who visit, ltrv@ or work in the National Park. After the lockdowns
community lrfe is reshaping and, desplte the constiaints, the year ending June 2021 proved to be a
remarkably busy and sUcCe￿ful period for tlie Society.
Our adaptable staff have been using tlieir home as their offlce for the duration of the year- use of
the office at Caban being restricted with suitable precautions in place. There has been one change
In staff during the year- the addition of Owen Davies as Project Officer.
Cynllun Eryri, a ground-breaking partnership plan for Snowdonia was formally launched in
November 2020. It sets out in detail how the National Park Authority ISNPAI and its partners will
address some of the greatest challenges facing Snowdonia and work together to look 3fter the
National Park and the things that make it unique for future generatio￿. Having been heavily
Involved in developing the plan, our Director welcomed the new and open way of working and
expressed how the Society looks forward to playing our part in the delivery of the Plan,
partlcularly through our volunteer and training programmes with young people.
With our partners at SNPA, National Trust and the Outdoor Partnership, we put together a
response to substantial visitor pressures as the National Park reopened in July 7.020. This work
laid the foundatlons for more joined up ways of working, leading to funding from Welsh
Government to set up a bigger programme In advance of the 2021 visitor season. Together we
invested in recruitlng, managln& equlpping, tralning and supporting volunteers on the Caru
Eryrl/Care for Snowdonla scheme, running from April 2021 to the end of the season. Th15
programme involves volunteer teams visiting the key hotspot areas on at least three days each
week, providing informatlon and guldance to vlsttors and keeping beautiful places cleared of litter.
When restrictlons allowed early in 2021 we began to carefully restart our wider programme of
events and volunteer attlvities. Staff have been stretched by our commitment to the Caru Eryri
pro8r8mme, but by the end of lune 2021 our wider practical and engagement work was regaining
its momentum.
The. Sprlng 2n21 edition of the magazine reported on the results of è questionnaire survey of
Society members, views. Responses were varied and thought provoking, but clearly indicated the
priority they place on both our advocacy and practical conseNation work. Equally important was
members, endorsement of our education work and training pro8rammes that alm to bulld the
skills and confidence of conservation-minded young people on whom Snowdonia's Mture
depends. Lockdown enabled our staff to bulld thelr capaclty to deliver on all these priorities a5
restrictions ease.
The pollcy slde of the Soclety's work has been both busy and varied. Progress by Welsh
Government on setting up the new National Designated Landscape Partnership has been slow; we
have a role to remind government of the commitments it has made to propèrly resouyce
deslgnated landscapes.

In January 2021 we responded to Welsh Government's draft new transport strategy. February
saw publication by Welsh Government of Future Woles.. The Natlonc71 Plon to 2040, which forms
the top tier of the development plan for all of Wales including Snowdonia. Our lobbying through
the Alliance for Welsh Designated Landscapes can take sorne of the credit for recognition in the
final version of the importance of Natlonal Parks and the role of National Park Authorltles.
However, the Plan includes support principle for a 'small modular nuclear reactorf at the site of
the former Magnox power station at Trawsfynydd. This proposal lacks definition or as yet any
environmental assessment and we will need to keep a watchful eye.
In Marth 2021 the Soclety, along with many of our partner organisations, responded to the Welsh
Government consultation on the Agriculture IWale51 Bill White Paper. Putting in place a new
system of agricultural support after Brexit to create 3 fair and workable system of payments to
farmer5 for producing'public goods, will be vital to conserving the special qualities of Sn¢Jwdonia
and sustaining livelihoods in the farming communtty here.
We worked with our partners to seek to Influen￿ the manlfestos of all the maln polltlcal partles In
the lead up to the Senedd elections in May. On Wednesday 30 June the Senedd declared a
Nature Emergency and called on Welsh Government to introduce a legally binding requirement to
reverse biodiversity loss through statutory targets. As ever, thè devil will be in the detail and
success will depend on adequate resourcin& but this was a step in the right direction. We were
pleased to hear Mabon ap Gwynfor, Senedd Memberfor DwyFor Meirionnydd refer to our work in
his contribution to the debate..
he reason I m tolkiftg specifically obout Cymdeithos Eryri is to show that the octions
happening at the moment to sofcguaid nature and blodiversity are reliunton Indlvlduals
and smoll ond large chorities on L7 local and nationullevel. There are thousunds of other
volunteers doing srmilor workfor other oigonisotions too, of course. But we con't rety on
volunteers. They and the charities ond organisutFon5 working in thls areo, such as
Cymdeithas Eryri, wont nt7tional guidance, and they wont the Government to act too.
The motion passed in tlie Seiiedd a150 instructs We15h Government to legislate to close the
environmental govemance gap. Following Brexlt, Wales has ho mechanlsm by which an
organisation or individual can challenge a public body which fails to deliver its environmental
dutles. On matters like this our Director works closely alongside partners iti Wales Environment
Link, Campaign for National Parks, and the Alliance for Welsh Designated Landscapes.
Our Director has continued to chair Partt)erlaeth Yr Wyddfa, the Snowdon Partneyship focusèd on
addre￿Ing the management challenges in our most rugged and popular mountains. The biggest
task has been steering a programme of work to bring about long-term sustainable transport and
parkine In this now alarmingly congested area, and to urge the transport authorities to plan boldly
and work together effertively on implementation. Other projects developing from this livelv
partnership include a feasiblllty study on developlng'Plastic-f ree mountain, status for Snowdon.
In July 2020 the Society responded to a consultation ON proposed changes to airspace
management around Llanbedr airfleld, now part of Welsh Government's'snowdonia EnterprÈse
Zone,. Our concern about the prospect of experimental aircraft testing damagin8 the tranquility in
the heart of the Rhlnog mountains wa5 reported in the Spring magazine. To date we have not

heard whetherthe original proposals will he amended before being sybmltted to the Clvil Aviation
AuthorSty.
There is now renewed uncertainty about whether Wel%h Government will want to
constructlon of an environmentally damaging bypas5 at Llanbedr, espeually in light of the recentlv
announced moratorlum on now road building. Gwynedd Council has still not en8aged with
consultees, including the Society, on preparlng a buslness case on which a final funding decision
will dèpend.
Our Director continues to keep a watching brief on new plannlng applicatlons and other local
consultations. We objected to a proposal at Dyffryn Ardudwy to repla￿ camping Pltche5 Wlth
touring c3r3van pitches and were relleved that was refused. We also objected to an
inappropriately located propDsal for a 'fallen stock, carcass processing facility near Llanbedr whlch
was a150 refused. However, this was overturned on appeal bythe Planning Inspectorate and now
has planning permission. We await the outcome of our oblectlon to an application by Snowdonia
Pumped Hydro to allow a longer period for the company to commence its environmentally
damaging development at Glyn Rhonwy near Llanberis.
Other consultatlons included an Ofgem funding scheme to reduce the vlsu81.impart of pylon Ilnes,
policy for managing peatland5 end road widening proposats to make the A477 safer as it passes
close to Cadair ldr￿.
Natural Resources Wales INRWI is consulting on mana8ement plans forforestry on public land in
the National Park. We rest)onded to thrÉe such consultations during the year. highlighting among
other matters our concern about the invaswe seeding of non-nativo conifers onto open habitats
outside plantation boundarles, but also our willingness to help with volunteering work where the
Society could contribute to improved habitat management or vlsltor experience.
The Society's Action plan has been refreshed and mlled forward another year. It Is available on
the Society's website and outlines for members the scope of the Societws current activities and
resources.
A small task group of staff and trustees will be starting work soon to consider options for the
future of Ty Hyll, looklng at how this iconic a55et can best contribute to dellvery of the Societvs
d)aritable purposes. There wlll be soundings with Society members next year.
Turnin8 to the Societvs governance, four new trustees were appointed at the 2020 AGM and all
have already made SLtbstantive contributions to refreshing the Society's outlook and work. Sue
Beaumont is to be appointed also as a tmstèÈ of the Campaign for National Parks ICNPI. We wish
her wèll in thls Important role, which includes seeking to ensure that the i5sue5 facing natlonal
parks in Wales feature strongly in CNP'S campaigning wc>rk.
Sadly, you wlll know from an obituary in the Autumn magazine that a cherished former trustee,
vlce president and stalwart of the Society, Dr Morag McGrath passed away in July.
A5 reported below, the Society's finances remain in reasonable shape. This has been in no small
part dije to our staff 's success in se¢urlnE grants and loans from Welsh Government and the
Wales Council for Voluntary Action to support our worf( in the context of the pandemlc and help
us to emerge Stronger.

Society membership has held steady in the year to 30th June 2021, despite the curtailmènt of so
much of the community en8a8ement work and events at which, in a normal year, our staff work
energetically to recruit new members.
We are hopeful that the comlng year wlll include a full programme of events, volunteering
opportunities and traineeships. I know that staff will be doing their utmost, whllst responsibly
navigating the changing restrictions, to deliver our activities while keeping themselve5 and our
volunteers safe. So, l am optlmistic that the coming year will be one to look back on with prlde-
we have a talented team and the reSoUr￿S to release their energy and commitment to makine a
difference.
The Snowdonia SociÈty will host the national park societies, annual conference In autumn 2022.
That will be an opportunity to highlight the work that the Soclety and our partners are dolng, as
well as to learn from experience and successes in other natlonal parks. Plannlng Is already under
wayl
pr.f,%.
Julian Pitt
Chair, Cymdeithas Eryrl Snowdonia Societv

ANNUAL REPORT OF THE TRUSTEES
The Society
The Society was formed and flrst registered as a charity Sn 1967. In January 2014 it re-registered
with the Charity Commission (registered no 11554011 as a charitable Incorporated Organisation
ICIO). The Societls governing document is its constitution. This was last amended in December
2013 and is avallable on the sC￿lety's website.
Thè Charitable Object of the Soaety
The object of the CIO is to protect ond enhance the beauty and speclal qualities oASnowdonio ond
to promote their enjoyment In the interests of all who Ilve in, work In or vlslt the are(7 both now and
in thefuture. Our activities cover the whole of the Snowdonia National Park but may extend
beyond its boundaries on matters concerning the Societv.
Management of the Society
The principal decision-maklna body within the Society Is the Executive Commlttee. The member5
of the Executive are the Trustees under tharity law. The appointment of the officers and
members of the Executive is governed by the Society's constitutlon. Officers and staff have
delegated authority to make day-to4ay decision5 in Ilne wlth agreed policy and to Spend monev
within limits specified by the E%ectJtive.
Officers and Trusteès at 30th June 2021
Presldent
Roger Thomas
Vice Presidents
Huw Morgan Daniel CVO Kstj, David Firth, Sir Simon Jenklns FSA
Chalr
Vice chalr
Other trustees
Julian Pltt
Vacant
Davld Archer, Sue Beaumont, Richard Brun5trom, Dr Jacob Buis, Bob Lowe,
Denis McAteer, Richard Neale, Jane Parry-Evans, Mathew Teasdale.
Staff at 30th June 2021
Director
Membershlp & Communications Offlcer
Engagement Officer
Project Manager
Con5etvation Officer
Conservation Offlcer
Accountant
Project Officer
John Harold
Debbie Pritchard
Claire Holmes
Mary-KateJones
Mary Williams
Danlel Goodwin
Judith Bellis
Owen Davies
Bankers
Independent Examiner
HSBC Llandudno
Bennett Brooks, Llandudno
Changes in Off5cers and Trustees
At the AGM in October 2020 Richard Brunstrom, Denis McAteer, Richard Neale and Mathew
Teasdale were elected as trustees.

Statement of Public Benefit
The Trustees have had regard to Charity Commission guidance In preparing this Statement of
Public Benefit. The 'special quallties, of Eryri- broadly aligned wlth the area designated as
5nowdonia National Park- are Identified In the Park Authorltvs plans. The protection and
enhancement of these qualities, and the promotion of their enjoyment, are reco8nised as a
charitable purpose and regarded as producing a public good. The Soclety exlsts to fulfil its
charitable object, above, and therefore provides a clear public benefit. The scope of our
charltable activitles for public benefit is reflerted In the Society's Action Plan, available on our
website, and exarnples of our charitable activities are identified each year In the ChaSrfs review of
the year, above. The Trustees thereforè consider that they are in compliance with the duty in
section 4 of the 2006 Charities Act to have due reEard to guidance on public bene*it published by
the Commlssion.
Flnancial Report
We started the financial year with slgnlflcant concerns about how the Covld-19 pandemSc would
impact on our work and our financial poswtion. We were concerned that subscription income and
donations might both fall, but largely this has not been the case. Income from member
subscriptions is higher, reflecting the first full year at the increased subscrlptlon rates. Donations
are higher due to a very generous indlvidual dor)atlon and the excellent response by members and
supporters to the 'Big Glve, match-funded appeal In April 2021. We received a much-appreciated
legacy of £15,000. Some staff costs were recouped from the government furlough scheme when
restrictions prevented normal activities from going ahead. The inevitable can￿lIatIOn of ovents
during periods of lockdown and associated restrictions has meant that income from these sources
has fallen, but we have had a successful year in terms of securing grant fundlng to support and
expand our work.
As the lead partner in 'Caru Eryri/Care for Snowdonia, we received a grant of £86,733, which had
to be spènt In full in less than two months. Some of the other funding we have received is
restricted, so that It can only be spent on our practical conservation work, but even after taking
Into account the increaso in the value of our restricted funds, we are showing an operatlng
surplus.
Our investment portfolio ha5 performed well, recovering the losses of the prevlous year. This has
contrlbuted to an increase in the total value of our fijnds amounting to £145,643. With an
additional member of staff, we are optimistic that we have the resources in placo which will
enable u5 to contlnue our work, the importance of which is now being recognised mare than ever.
Reserves Policy
The Society's policy is to hold suff icient Short~Term Reserves to meet normal expenditure over a 4-
6 month period In readily accessSble accounts. Other reseives ILong-Term Reservesl are invested
on the Societtys behaw by investment managers (Rathbonesl to produce the best financial return
with1n an acceptable level of risk and according to our instructions on ethlcal inveslment.
The Charity needs Long-Term RÉserves in order that it can..
meet the costs of new campaigns or other important opportunities ihat may arise,,
protect against unforeseen emergencies, variable income and unexpected neCe￿arY
expenditure, in order to provlde a stable basis for fulfillinE the Society's obledlves,.

provide working capital when fLJnding is paid in arrears-
acquire new property holdings, should sultable opportunities arise in line with the Charivs
objects,.
meet contractual obligations Should the charity have to close.
The tNJstees currently consider that having a LTR equlvalent to the last two years, expenditure is
prudent In order to ensure the Charity can continue its activities. Sn 2021122, this is equivalent to
a LTR of at lèast £448,471 Above this LTR fSgure, the LTR rnay be available for meeting the
Charity's broad objectives in whatever manner the Trustees decide at the time.
The trustees keep under revlew whether the minimum LTR Is set at an approprlate level and also
whether to set up any designated funds withln the LTR, should this rlse significantly above two
years, turnover.
Investment Policy
The Societv's Written Investment Policy, tovering reserves, Snvestment and risk Management Is
available from the office ot) rèquest. The oble¢tlve of the Long-Term Reserves ILTRI investment
portfolio is to produce a return balanced between income and capital growth, using a moderate
level of risk, generating a rèturn in excess of inflation over the long-term as a minimum. The
Short-Term Reserves ISTRI ère held in current accounts which generate minimal interest but which
seek to preserve capital values.
Rlsk Managemeb)t Policy
The primary risk to the long-teTm stability of the Society, under normal circumstances, has been
identified in recent years as the effect of Inflation on the financial reserves. The investments a
managed with the object of minimizing this risk. The trustees have resolved to compile a Risk
Register during 2021122.
Ethlcal Investment
The appointment of investment managers expertenced in working wlth charities provided an
opportunity to review the Society's policy on ethical investment. A new policy on this matter is
now induded in the Societtys full Written Investment Policy. This instructs the Society's
investment portfolio manager, Rathbones, to apply'negative screèning, to exclude investment In
companles involved in.. Anlmal Exploltation, Human Rights Concerns, Environmental Management
Concerns, High Carbon impacts, A8rochen)icals, Mining and Habitat Exploitation. Additionally, the
Trustees have informed Rathl)ones of thelr strong preference for'positive screening,, i.e. to
Increase the proportion of future investments tl)at are in companies with positive environmental
and other ethical benefits. Trustees will keep under review the implementatlon of this policy bv
Rathbones and whetherthe new policy can be Improved.
Investments/PÈrformance Repoyt
At the start of the pandernic, in common with invèstments generally, our investment portfolio was
very seriously negatively affected. However there has been a general recovery in its value by the
end of the flnancial yearto June 2021. However, the effects of the pandemSc, together with
political uncertalnty both In the UK and the world, mean that the portfolio remains vulnerable to
signiflcant fluctuation.

Rathbones produce quarterly valuations of the Societ¢s investment portfolio, which intlude
reports on changes in the global and UK economic outlook. The Executlve liaises closely with
Rathbones about management of the portfolio.
Responslbllities of Trustees
The Trustees are required by law to prepare financial statements each year which give a true and
fair account of the Societ¢s activitie5 durin8 the year and its financial position at the end of it. In
preparing these accounts, Trustees are required to select suitable accounting policies and apply
them consistently, and to follow applicable accountit)g standards. explaining any departures. They
are required to make reasonable and prudent judgements In these matters, to keep accountin8
records which disclose with some accuracy at any time the financial posltlon of the Societyi and to
comply with charity law and other legal requirements. They ar@ responsible for safeguarding the
assets of the Society and taking reasonable step5 for the pievention and detection of fraud.
This report ha5 been prepared In accordance with the accounting policies set out in notes to the
accounts attd comply wlth the charity's constitution, the Charities Act 2011 and Accounting 3nd
Reporting by Charities- Statement of Recommended Practice I'SORP'I applicable to Lharities
preparing their accounts in accordance with the Financial Reporting Standard appllcable in the UK
and Republic of Ireland issued in October 2019. The draft financial Statements were approved by
the Executive Committee on 23rd August 2021 and formally approved by the Independènt
Examiner, whose report is overleaf.
Julian Pitt Ichairl
pr.f,%.
Date- 2nd September 2021
JudSth Bellis (Accountant)
Oate.. 2nd September 2021

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE SNOWDONIA SOCIErY-
CYMDEITHAS ERY
I report to the trustees on my examinatlon of the accounts of the Trust for the year ended 30 June
2021, which are set out Oll Pages 11 to 19.
Respective vesponslbllltles of trustees and examlner
The charit¢s trustees are responsible for the preparation of the 3ccounts. The charit￿$ trustee5
considef that an audit is not required lor thi5 year under section 144 of the Charities Act 2011 (the
Charities Act) 3nd that an independent examination 15 needed. The charity's gloss income e%￿eded
£250,000 and l am qualified to undertake the examination by being a qualified member of the
ICAEW.
It 15 my responsibility to..
examine Ihe accounts under 5e¢tlon 145 of the CharitÈes Act.
to follow the procedures laid down in the General Directions g¢ven by the Charitv
Commission under section 14515llbl of the Chaiities Act.. and
to state whelher particular matters have come to my attention.
Basls of independent examlner'5 report
My examination was cairled out in accordance with the General Directions given by the Charitv
Comrnissioh. An examination include5 a review of the accounting records kept by the charltv and 3
Eomparfscn of the accounts presented with those recoi(ts. 11 21so includes consideration of any
unusual item5 or di%closures in the accounts, and the seeking exp141nallons from you as trustees
Concerning any such matters. Th& procedures undertakell do not provide all the evidence that would
be required in an audit, and conseque.ntly no opinion is Siven as to whether the accounts give a 'twe
and lalr view, and the report is limited to tho%9 matters set out In the statement below.
Independent &xamlnerfs ststement
In connectlon with my exarnination, no materlal matters have come to my attention whlch glves me
cause lo believe that In, any materlal r25pect'.
the accounting records wcre not kept In accordance wlth sect¢on 130 of the Charities Act. or
the 8ccounts did nol accord with the 8c¢ounting records,. or
the accounts did not comply with the applicable ￿quIre.m￿nts toncerning the form and
content of 3ccount5 set out in the Charltles (Accounts and Reports) Regulations 2008 other
than any requirement that thE accounts give a 'true and fairf VFew which is not a matter
consldered as part of an independent examlnations.
I have no concerns and have come acr055 no other matters in connection with the examinatiork to
which attention should be drawn in this report to enable a proper undeF5tandlng of the accounts to
be re3thed.
Rel
ant professional qualification or kndw. FCA
Address..
Bennett Brooks & Co limited
19 Trinlty Square
Uandudno
IL30 2RD
io

CYMDEITHAS ERYRI- SNOWDONIA SOCIETY
ACCOUPITS FOR THE YEAR ENDED 30 JUNE 2021
STATf MENT OF FINANCIALAcfiviTIE5
Total lurtds
Unrestrlcled
f￿d5
Restrlcted
lund5
Total funds
2021
2020
la5 restatedl
Note
Incomlns Yesourcesfromgenerated fund5'.
Voluntary Income
ActivitiesforEenerdtinE funds
Investtnent Income
C￿rItable Actlvltles
78,468
3,131
9,346
162,956
78,468
8,388
9.346
226,510
55.176
12.267
10,089
85.319
5,257
63,554
Totsl Incoming resources IGros5 Income)
253,901
68,811
322,712
162,851
Reso¥rces expended
Generatitigvoluntsry Income
Fundraising tradlng
C￿ritable 3ctiwt￿5
Governance
36,IK)8
14,357
184.686
36,008
19,918
203.343
34,806
32,030
122.366
5,561
18,657
Totsl resour￿5 expeNled
235,051
24,218
259.269
189.?.02
Net loutgoingllincomln8resoyrtes
18.850
44,593
63,443
126,3511
Tiansfer between funds
IG
15001
Reallsed Ealn5lllossesl
Investments
4,993
4,993
17541
Net movement In lunds alter rea115ed
1105sesllgalns
24,343
44,¢￿3
68,436
127.1051
Ufireallsed galnslllos5e51
Investments
77,207
77,207
18,2271
Net mo¥ementln fuMd5foryear
101,550
4,LVJ3
145.643
135,3321
Total funds at l July 2020
452.784
355,￿5
807.789
843,121
Tot31 funds at 30JuDe 2021
554,334
399,098
953.432
807,789
The statement of finanoal octivitie5 Includes all Eains and losses In the year. All Incomlng resources and resourcesexpended derlve
from continuiTEg activities.
li

CYMOEITHAS ERYRI- SNOWDONIA SOCIETY
ACCOUNTS FOR THE YEAR ENDED 30JUNE 2021
BALANCE S14EEt
Unrestrl￿ed
Fund
2021
Restrieted
Fund
2021
Totsl
2021
2020
Note
Tanglble fixed assets
Eqvipment
Heritage Asset
Investments
12
12
13
5,942
5,942
285,000
511,905
2,179
285,000
443,038
285,000
511.905
517,847
285,000
802,847
730,217
Current assets
Stock5
Llebtors
Cash at bank and in hand
3,303
1,455
36,151
3,303
1,455
171.433
3,868
13,301
63.999
135,282
40,909
135,282
176,191
81,168
Credltors: amounts fallln8 due
wlthln one yeai
Creclltors and accruals
14
4.422
121.184
25,6061
3.5961
Net current a$sets/llabilitles
36,487
114,098
150,585
77,572
Net assets
554,334
399.098
953,432
807,789
Funds
Unresirltted funds
15
554.334
452,784
Restrkted funds
15
399,098
355,005
Totsl fvnds
953,432
807,789
Sefvbw2Tr21 and signed on irs behalf bv..
Approved by the Board of Trustees on ........
Julian P
Ichairl
pr.f,Ib.
jane Pa￿-EvanS
(Trusteel
12

CYNDEITHAS ERYRI- SèIOWDONIA SOCIETY
ACCOUNTS FOR ThE YEAR ENDE030JUNE 2021
NOTESTO THEACCOUNTS
asls of I¢¢oUn￿De
The linancial stplemenES have been prepared underthe hlstorlcal cost conwenilon wlth Ite￿ recognlsed at wsiortrinsattlon value
nles5 Othetwlse 5r3ted in ihe relevant note5 to these account5. The financi315tatements have been prepared in ac£ordance
the StatÈment of RÉcommÈnded PratdtÈ.' At£ountlNg and RÈportlng by Chailtles preparIngt￿1r attounts in accordantewlth the
Flnanclal Reporiin8Siandavd applIca￿e In the 1SK and Republicof Irela￿d IFRS 1021 tssued on 16July 2014and rhe Flnanclal
RepDrtlnE Standard applicable irn the Ljntted ￿ngdoM 8nd Republicof Ireland IF￿ 1021 and the Charitse5 Act 2011.
The chariiyconstituies a pvbllcbeneflt erntliy 85 defined by FRS 102.
A¢¢out)ilng pollcles
The principal accountlng polltl* are summar1sed bebw. The accountlng polcles ￿ve been applled ¢onslsteThtty throughout the year
alld i￿the preceding year.
Heritsgeasseis
No depreclation is Charged on the He¥ltage Asset at Ty 51nce Its r￿IdUal value Is consldered to be at teasr eouivalent to Its
reval￿e￿ amount.
Tan8lble flxed assets
Equipmeni Is slated at tost less ac¢umul8ted depreciation. DepyecIat￿)n Is pr(Mthd to wrtte off the cost less estlmated resldual
Value offfxed a$5et5 IHieitheirexpecied ￿SefUl IDies. It 15 calcul*ed the LYi8inal costofthea55et5 at thefollowin8 rates.
Eg￿lFthent- 33.22% per annurn reducing balance
vestmeThts
Investments 3re staled al market Yalue as quoted on UK Stock Exthange. RÈalised gains or losses frorn the Sa￿ of investments
atwj ullrealised 8ain5 or losses from *evaluln8 them lo c￿rr￿1 market value are Sncluded IJ the Statement Of Flnamclal Acti￿tIes.
TheYa￿ daulfied as Fiyed Asseis. Theyare neces5aryforthe safe8uardingoftheSocietls activitle5 over the lon8 teTm.
Stock
Stockls valued at cost ormarkervalLt& If less, where it IS 51ow-mowfjg,
Voluntarylncotne
Donationsareittounted forwhen re￿Ived,
Legacles are ￿coul)ted for whern rece￿d.
Substrlptlons 3reaccountp.d for￿en re￿ived.
Life subscrlptlons arc cre(Ntc4 10 Income in theyearof receipi.
ift aid 15 reLY)vered dunotrDns and subscrlpiions. where appllcable.
CharltabJeActivltle5-GFants
Credit For revenue graTrt5 15 taken its the Statement of Flnantlèl AchvIll￿ when the grant Is received or where claimed
retr05ppthvetywhenthe purpDse forwhich the graJt wassouEht has been mel and the Èrant lstalculabk.
Cost Alloeatltsn
Costs are apKxYtloned between various expendtiure headings as nece55ary in accordance with the best e5tirnatÈ5 of the Trustees
and staff.
Penslon5
The Sodely pays defined conlrtbutiolls Into externallyrnanaged pens￿￿ plan5 for employees who are pligible alld have erntered Into
$uch contract5. Contflb￿t70￿5a1eCh3￿ed to the state￿nt of FiTrallcialActwities a5 they fall due.

CYNDEITHAS ER¥AI- 5NOWtK)NIASOCIEtY
ACCOUNTS FOR THE YEAR ENOED 30JUNE 2021
NOT￿ TOTHE ACCOUNTS
Inct>mlng Resources- Voluntary In¢ome
Unre5trkted
Restikied
Z021
Total
2020
Total
tknnations
Legacles
18.197
15.000
35.825
9,446
18,197
15,IXXI
35,825
9,446
12.604
29,279
8.293
Gift recovered
78.468
55,176
Incomlne R¢swrces- ktlvtllps for Generalln8 Funds
Unrestrkied
Restiltted
2021
Total
2020
Total
Sales atTy Hyll
Tea Room RÈnl
Ty Hyll rfonatl0￿5
1,686
3,31)0
271
2,406
3,3(K)
271
2,365
75
2.010
3,375
2,365
13
753
Soc131 Activit￿$
Other income
753
3,131
5,257
8.388
12,267
In¢oMln8 Resourtes- In¥estment IrLcorrEe
Unrestrlcted
Restrkted
zozi
Total
2020
Total
OlYldeTrds- UK o4UitIts
Interesl-cash dep05ilS
9,338
9,338
10.035
54
9,346
9,346
10,089
14

CYNDEITHAS ERYRI- 5NOWDONIA 50CIET¥
ACCOUNTS FOA TrIE YEAR ENDED 80JUNE 2021
NOTES TOTHE ACCOUNTS
In¢omlng Resources. Charltable Actlvtties
During theyettrthe 5o¢lety ￿￿5Ved graThts fiom Welsh Cour*cil forVolunt•ry Artlon wlth regard toThlrd Secror Reslllence Fund. In
luly 2020, Ihey received £48.750grant. llter In theyear the Sodety re£eived a second grant of É63,554 frotn the Third Sector
Resilience Fund 2.
A furthergraTrt of Eg6,733 WÈS ￿te1ved from Welsh Government, for Corfd Volunteerin8 Recoverywhich was completefyspent In
the year.
F￿rther grant5 oIE15.131were recel¥ed from snowd0￿￿￿ N3tion31 ParkAuthorlty, EL264 from Menter Mon and E12,OQXJ from
Natural Resour￿ Wales- ofthese £9.232 ￿e￿ted to a debtor al30JU￿£ 2020.
DurlnÉ iheye?rlhe Society received £8.310fromthe Governmeht'sCoronavlrusJob Retenllon khemelyear ended 30June 2020-
É9,5691.
Thetwal Erant inwme recogn15ed In theSoFAwas £226,510, of whlch É62.554 ts restricted.
Resources expended- GeTh*at1￿*￿1Untary1nrnme Imalntfnance of membershlpl
2020
las rest*tedl
Total
Unrestrlcted
RestrlLted
2021
Total
Staff tlme- 3szllocaied
Advertisin& Webslie & Masazine costs
Guverndnce & supwri costs 8lkncated
22,010
6.CK)2
7,￿6
21010
6.￿2
7.996
21.541
3,742
9,523
36,1)08
36,008
34.806
In the yearended 30June 2021.the costs ofthe mè8a2lnpwpJe full¥311ocated tothe maintenallce of mernbershipdue tTrthe impact
of Covid-19 on distllbulk)n. In thEyear ended 30June 2020, Ihe costs of the magazine havt bten splh 50%to tht maintenance of
eM￿rshIp and 50% tochatftable ?aMtles.
Resources expended- FurvJra151ng
2020
las re5tatedl
Total
restrlcled
Re5trlcted
2021
Totsl
$13ff IKne- B5 alEIK&ted
Trading & expenses at Ty Hyll
Project &event expense5
otherexpense5
Goveinance & supwrt C05t5 alknted
8,967
8.967
5,561
806
1,542
3,042
10.892
9.880
5.534
L15
4,765
5.561
806
1.542
3.042
14,357
5.561
19.918
3LD30
Resour¢es expended. Charltable actlvltles
2020
las restated)
Tolal
UTrrestritted
Restrlcted
2L121
Total
Stafl tlme- as auocated
Pr¢Ject5 Ilncludingvolunteer Expen5e5
AdVÈrt1sl￿ Webslie & Maga21ne cosr5
GOVer￿ntr & support costs allocated
90,826
35,258
18,252
40,350
90.826
53.915
18.252
40,350
77,292
6,196
3.383
35,495
18.657
184,686
18,657
203,343
122,366
15

CYND£ITHA5 E(IVRI- SNOWDONIASOCIETY
ACCOUNTS FOR THE YEAR ENDED 30JUWE 2021
NOTESTOTHE ACCOUNrs
10. Pesr*urces expended- GovÈmance
2020
las restaiedl
Total
Unrestrlcted
Restrltted
20ZI
Total
Stafl Ilme- as £llocated
Afflllalior*s
Bank tharges
Caban tharBes Ilndudingtelephonel
Cornputersoft￿re Ind consL¥nablÈs
Independent examinersfee
Insuttn
Legal & Profess6onal fees
PortFolN? Managemeni fees
Postage, printingand siatlonery
Service5- Payroll andtranslallon
12,595
1,716
1.121
14.810
5,740
1,850
1.082
IL595
1,715
1,121
14.810
5,740
1,850
1.082
16,L44
2,136
I,(b5
13.394
2.154
1.740
962
148
4,236
2,321
1.125
4.466
k.97k
2.249
4.466
1.971
2.249
Travelling
TrL15tees expense5
Mlscdl8neou5 IlncluilinBAGM expenses)
DepreC￿t￿n
Allocatedto othercosts
23
23
71
528
3,166
15L3881
655
1,661
963
1,089
149.7831
528
3.166
151.3881
Governance c95t5 h3ve been split b&ween Charttable ACt¥vil￿s. raisin8Volunlary Income and fundralslw as requlred by SORP102
on a tirne Spent basis.
IJ. Stalf cost5
2011
2020
staff costswereas follows..
Wages &£alarles
50¢ial S¥urlly
PeMslon5
122.923
4,4ÈL
6,994
134.398
114,649
4,875
6,346
125.870
The average numberof employees by functlon was
EnvlronmeT)t31 Acti¥iiiES
ManagemeNt &Admlnistration
Noemployee re￿1Ve￿ emoluments of more than EEO.(XK).
16

CYNDEITHAS ERYRI- SNOWDONIA SOCIETY
ACCOUNTS FOR THE YEAR ENDED303UNE 2021
NOTEgTOThEACCOUMTS
12. TanB1b￿NxÈd assets
Herkage
A55et-
Freehold Land
& Bulldlng5
Eqtslpment
Total
C05tlValuatlon
At l July 2020
Ad(%lions
At 30Jufft 2021
285.wo
7,039
6.929
292,039
6.929
298,968
285.LKJO
Depredatlon
At l truly 2020
cha￿ forthe perlod
At 8OJune 2021
4,860
3,166
8,026
3.166
8.026
et bookvalue
AI 30June 2021
285.IXXJ
5,942
I￿,942
30Jvne 2020
285,OUO
179
287.179
IfTy Hyll had not been revalued It would have been IndLNJed at the followSnshlstorlcal cost..
2021
2020
Cost
51336
Tr Hyll ￿$valued on an open marketbaslson 18Juty 2fY)8 by Iwan M Wlli8m5 MRICS..FNAfA
13. Investm¢nt$
zoii
2020
Llsted I￿￿￿entS
At I july 2020
AdditKtrns at cosi
tk5ptssals atvaluatlon
443,038
23,468
31,803
434,698
456,438
98,498
1103.671
451,265
Rev21uatbn surplu511delklrl In year
77.207
18.2271
At 30 June 2021
511,Y05
443,lJ38
Cost at balance sheet date
414,769
422,552
The S(xlÈtyis not subje£r 10 re5tiidions on wider-rlnge Investments.
lfflvestrnent5 worrh mgrE than 5% of the total PDrifdlovalue 3re 8sfollow5
No of sharÈs
Value
JP Morgdn AM UK Llmlted
TBailey Fund Mgrs Evenlode Income C Inc
Threadneedle InvÈstmeJTrts UK Equliy l•come
Capita Financial Managers Trojan Incorne
Flndlay PaÈ* PlcAmeri(an Furnd Ufthgd
6,￿0
13.160
19.480
14,160
375
26,986
31,615
28,955
26,540
34,035
The cÈsh at banka￿1n hand Includes £41,660 held by the I1vestme￿t Managers foT future lTrve5ttnent.
17

TrIDEITHAS ERYRI- sNOW￿NIA50CIETy
ACCOUIITS FOR THE YEAR ENDED 30JUNE 2021
NQTES TOTHE ACCOUNTS
14. Current Uabilltles- ¢redltorsaTrd actruals
2021
20ZO
Trade credltors
other creditors
Accruals & deferred Income
67
22,268
3,271
3,596
25,606
Diring ihe year thesociety re¢elved 2 loans from Welsh Coumcll forv01￿ntary Action. They re￿iVed £16.2501n Ociober2020vJhich
was repatd injune 2021. A furiher £21,185was recewed in March 2021 which Is Induded in other creditors.
15. RÈtonCll￿dOnof movernent In So¢letls Funds
2021 Movement
Unrestrlcted
Restrlcted
2021
Total
Net in¢omlngJlour8oln81 resourcesftyrthe year
18,850
44,593
63,443
Reallsed £aills/llosse51 on Investments
4￿3
4.993
Unre31ised galnsil105se51 on inve5tment5
77,207
77,207
Net additionllreductlonl lo Socieivs funds Inyear
101,050
44,593
145.643
Tran5fer5 between funds
5(¥J
15Crf)I
101,550
44,L193
145,643
B31awe broutht forward
452.784
355.005
807.789
BalanEe carrled f¢Nard
554.334
399,098
953,432
2010 Movement
UnrÉstritted
Restrlcted
Toial
Nei lncornin￿lo￿lEol￿g1 re5our¢e5 fur theyear
I38,5￿)
12.158
RÈallsed gains111055E51 un l*vestment5
17541
17541
Unre?Ilsed 83inslllossesl on Investrnellts
16.2271
18,2271
Net addltlonllre(hJttionl to So¢ietVs funds in year
147,49DI
12,158
135,3321
Transfers belween fund5
5.000
15.(ml
1414901
7,158
135,3311
8alance iwought forvrdrd
495,274
347,847
843,121
BaSance carried forward
452.784
807,789
18

CYNDEITHAS ERYRI- SNOWDONIA50CIEry
ACCOUNTS FOR TrIE YEAR ENDED ao IUNE 2021
NOTESTOTHE ACCOUNTS
16. Transfers between funds
UrYestrl¢ted
Re5trkted
2021
MADWeekend
5QK>
15(hJ
5LVJ
£500 wastransfÈrrÈd from the re5rrlcted fund forthe MADweek2ndfor admi￿￿trat￿ cost5 Issociatedsvith It In theyear.
17. Related Partyyrdnsacttvns
The Trustees and persons connected wlththem have rerelved no remunÈr3tlon orany other benelts fiom the Soclety.
DurfngtheyearonE tru51ee recelved retmbursement of expenses foitravel in thelr role as inEStee. Ihls amounted to £71.
18. Contra¢Nal Commltments
Dependeni UPOD ernployee5' chol￿, thesoclety wll coffltribute to IndI￿d￿al pe￿50n plans. The Sockty5 annual ¢Dmfnitment would
ta 6% of the gross Stlaryof the partlcipatirng ￿p10YeeS.
19