CYMFED (A Company Umlted by Guarantee) Registered Charlty Commlssion Number: 1158109 Registered Company Number: 7970334 UNAUDITED DIRECTORS, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
CYDAFED IA Company Umlted by Guarantee) Reglstered number: 7970334 COMPANY INFORMATION Dlrectors Rev P J Smlth Mr H McQueen Mrs S Satchell Rev S Gore Drj O Trewbv MrJLKRegan Ms E L Biggins Rev D N Howarth Company Secretary Mr P J P Devlne Company number 7970334 Charlty number 1158109 Reglstered offlce 39 Eccle5tone Square London SWIV IBX
CYMFED {A Company Umlted by Guarantee) Registered num1. 7970334 CONTENTS Page Dlrectors, Report Statement of Anancl41 A¢tlvltles Statement ot Flnanclal Pasltlon Notes to the Flnanclal Statsments &5 Statement ol Cash Flows Detalled Profit and Loss A¢¢ount and Summarles 74
CYMFED IA Company Umlted by Guarantee} Registered number: 7970334 DIREcfoRS' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The dlrecrors present thelr report and the financlal 5tstements for the year ended 31 December 2021. Prlncipal activities Per the Memorandum and Articles of Association, the obSerts of the company are to advance the Roman Catholic Religion by trainlng people in Christian youth min15try and by supporting young people in Christian living fellowship and service. Directors The directors who served durin8 the year were: Ms S Satchell Mr H McQueen Rev P J SmSth Rev S Gore Dr J O Trewbv MrJLKRegan Ms E L Biggins Rev D N Howarth In preparin8 this report, the dlrectors have taken advantage of the small companies. exemptions provlded by sectlon 415A of the Companles Act 2C(16. This report was approved by the board on 9 , June 2022 and slgned on its behalf. Rev PJ Smlth f f MG..S Q 04.,LErtÉ 7 /LI-, Director Page I
CYMFED IA Company Limited by Guarantee) Reglstered number: 7970334 STATEMENT OF FINANaAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Note TURNOVER 49,401 62,460 Charltable Expenditure 1108} {36,491} Adminlstrative expenses 112.554) 140,2191 OPERATING IDEFICIT)/SURPLUS Interest recelvable and similar income 36.739 114,2501 {DEFicinisuRPLUS ON ORDINARY AcrivmES BEFORE TAXATION Tax on Profit on ordinary activities 36,739 114,2501 IDEFicmisuRPLUS FOR THE FINANCIAL PERIOD 36,739 114,2501 The notes on page 4-5 fonn part of these flnanclal statements. Page 2
CYMFED {A Company Umlted by Guarantee) Reglstered number: 7970334 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2021 2021 2020 Note CURRENT ASSETS Cash at bank DEBTORS 113.192 1.51x1 114.692 12391 75,724 2,110 77,834 11201 CREDITORS- amount5 falllng due within one year NEf CURRENT ASSEfs NET ASSET5 114.453 114,453 77,714 77,714 CAPITAL AND RESERVES Proflt and loss account 114,453 114.453 77,714 77,714 The dlrectors consider that the company is entitled to exemptlon from the requlrement to have an audit under the provlslons of sertion 477 of the Companles Act 20061.the ACVI and members have not requlred the company to obtaln an audit for the year In questlon in accordance with section 476 of the Act. The dirertors acknowledge their responsibilities for complying with the requlrements of the Companies Act 2CKJ6 with respect to accountin8 records and for preparing financial statements which give a true and fair vlew of the stste of affairs of the company as at 31 December 2017 and of ts proflt for the year In accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to flnanclal statements. so far as appllcable to the company. The financial statements have been prepared in accordance with the provisions applicable to small companies wlrhln Part 15 of the Companies Act 2(6 and in accordance with the Financial Reporting Stsndard for Smaller Entities leffertive April 2008). The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9th June 2022. Dirertor 6Lfv- The notes on pages 4-5 form part of these financial ststements. Page 3
CYMFED {A Company Umlted by Guarantee) Reglstered number: 7970334 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEM8ER 2021 ACCOUNTING POLICIES 1.1 Basis of preparatlon of financial ststements The Flnanclal statements have been prepared under the historical cost conventlon and in accordance with the Financial Reporting Standard for Smaller Entlties leffective April 21x181. 1.2 Turnover Turnover comprlses revenue recognised by the company in respect of goods and services supplled during the year. exclusive of Value Added Tax and trade dlscounts. 2. TURNOVER Turnover comprlses membership fees. conference recelpts and other recelpts from the company's continuing operatlon5 are accounted for on an accruals basis, 3. OPERATING SURPLUSI(DEFian Ourlng the year, no dirertor received any emoluments12019-£NIL} 4. TAXATION 5. CREDITORS: Amounts f8lllng due wlthln one year 2021 2020 Other ¢redltors 239 120 6. DEBTORS: Amounts fallln8 due wlthln one year 2021 2020 Other debtors 2,110 7. COIIIPANY STATUS The company Is a private company limited by guarantee and consequently does not have share capital. Page 4
CYMFED {A Company limited by Guarantee) Registered number: 7970334 NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 CHARITABLE TRUSTEES Ms S Satchell Mr H McQueen Rev P J Smith Rev S Gore DrJ O Trewby Mrj LKRegan Ms E L 8iggin5 Rev D N Howarth 9. RESERVES Profit and loss account At l January 2021 Profit/lDeficitl for the financlal year At 31 December 2021 77,714 36,739 114,453 Page 5
CYMFED {A Company Llmited by Guarantee) Registered number: 7970334 STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 31 DECEMBER 2021 2021 2020 Net Income I (Defkltl forthe Year 36,739 (14,250) {Increa5e)IDecrease In Debtors 610 112 Increasel{Decrea5el in Credltr•rs 11,293) 37,468 115,431) Net Funds at Deomber 31* 2020 75.724 91.155 Net Funds at December 31# 2021 113,192 75,724 Page 6
CYMFED {A Company Umlted by Guarantee) Reglstered number: 7970334 DETAILÉD TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 2021 202 Page TURNOVER Charltable Expenditure Administration expenses OPERATING SURPLUSIIDEFicm 5URPLUSIID£FiaTI FOR THE PERIOD 49,401 1 1081 62,460 136,4911 739 36,739 114,250) Page 7
CYMFED {A Company Limited by Guarantee) Re8lstered number: 7970334 SCHEDULE TO THE DETAILED Accoupifs FOR THE PERIOD ENDED 31 DECEMBER 2021 2021 TURNOVER Flame Congress 2019 Membership Fee Faith in Action Conferences Grants Received (Restricted Funds) Donations received- Flame Donations received - Other 14,318 2,583 32,500 49,401 2021 CHAAITA8LE EXPENDITURE Flame Congress 2023 National Youth Sunday Falth in Action 108 108 2021 ADMINISTRATION EXPEt45ES Travel Costs CYMFed Adminlstration CYMFed General Expenses CYMFed Staff Costs Insurance Professional Fees 232 3,754 ,141 427 12,554 Page 8