2023-03-31-accounts

REFERENCE	AND ADMINISTRATIVE	AND ADMINISTRATIVE	AND ADMINISTRATIVE		DETAILS
Registered Charity number
1159713
Principal address
Hirwaun Road
Trecynon
Aberdare
Merthyr Tydfil
CF44 BED
Trustees
JJ Richards						Chairman
J Davies						Deputy Chairman
C Walton Freeman						Secretary	- Resigned 19June 2023
AG Richards
L Durkin
BHarris						Appointed	1 October 2023
L Neyton						Appointed	1 October 2023
Independent	Examiner
Julia Mortimer
MHA (trading name ofMaclntyre			Hudson		LLP)
Limited liability	partnership	In England		8	Wales
Registered number OC312313
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County ofCardiff
CF23 8RS

						2023	2022
				Unrestricted	Restricted	Total	Total
			Notes	funds	funds	funds	fundsf
INCOME AND ENDOWMENTS		FROM
Donations and legacies				101,736		101,736	122,316
Charitable activities
Ministry outreach				8,906	12,435	21,341	4,504
Investment income				356		356	5
Other income				10,929		10,929	1 727
Total				121,927	12,435	~134362	~128552
EXPENDITURE ON
Charitable activities
Minisby outreach				~100035	~46 296	~146331	~112628
NET INCOME/(EXPENDITURE)				21,892	(33,861)	(11,969)	15,924
RECONCILIATION	OF FUNDS
Total funds brought	forward			687,570	33,861	721,431	705,507
TOTAL FUNDS CARRIED FORWARD				709,462	-	~709462	721,431

				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	6			F
FIXEDASSETS
Tangible assets	10	593,495		593,495	607,431
CURRENT ASSETS
Debtors		15,620		15,620	17,944
Cash at bank and in hand		106,673		106,673	110,619
		122,293		122,293	128,563
CREDITORS
Amounts falling due within one year	12	(6,326)		(6,326)	(14,563)
NET CURRENT ASSETS		115,967		115,967	114,000
TOTAL ASSETS LESSCURRENT	LIABILITIES	709,462		709,462	721,431
NETASSETS		709,462		709,462	721431
FUNDS	14
Unrestricted funds				709,462	687,570
Restricted funds					33,861
TOTAL FUNDS				706.462	721.431

Freehold property	-2% straight	line
improvements to property	-2% straight	line
Plant and machinery	-25% straight	line
Fixtures end fittings	-12.5%straight line
Motor Vehicles	-20% straight	line

8.	STAFF COSTS
							2023	2022
							f
	Wages and salaries						42,600	42,557
	Other pension costs						826	826
							43,426	43,383
	The average monthly	number of	employees		during	the year was as follows:
							2023	2022
	Support Staff						3	3
	No employees received emoluments			in excess of		F60,000.
9.	COMPARATIVES FOR THE STATEMENT				OF FINANCIAL ACTIVITIES
						Unrestricted	Restricted	Total
						funds f	funds	funds E
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies					122,316		122,316
	Charitable activities
	Ministry outreach					4,504		4,504
	investment income					5		5
	Other income					1,727		1,727
	Total					128552		128,552
	EXPENDITURE ON
	Charitable activities
	Ministry outreach					112,628		112,628
	NET INCOME					15,924		15,924
	RECONCILIATION OF FUNDS
	Total funds brought forward					671,646	33,861	705,507
	TOTAL FUNDS CARRIED FORWARD					687,570	33,861	721,431

10.	TANGIBLE FIXEDASSETS
			Improvements
		Freehold	to	Plant and
		property f	property	machinery
	COST
	At 1 April 2022	260,000	337.796	45,854
	Additions			7,773
	At 31 March 2023	260,000	337796	53,627
	DEPRECIATION
	At 1 April 2022	10,400	23,285	35,088
	Charge for year	5,200	6,792	7,965
	At 31 March 2023	~15600	30,077	~43053
	NET BOOK VALUE
	At 31 March 2023	244,400	307,719	10,574
	At 31 March 2022	249,600	314,511	10,766
		Fixtures
		and	Motor
		fittings	vehicles	Totals
			6
	COST
	At 1 April 2022	28,614	10,432	682,696
	Additions	4,044		11,817
	At 31 March 2023	32,658	10,432	694,513
	DEPRECIATION
	At 1 April 2022	6,278	178	75,229
	Charge for year	3746	2,086	25,789
	At 31 March 2023	10,024	2,264	101,018
	NET BOOK VALUE
	At 31 March 2023	22,634	8,168	593,495
	At 31 March 2022	22,336	10,254	607,467

11.	DEBTORS:A	MOUNTS	F	ALLING DUE WITHIN ONE YEAR
					2023	2022
					E
	Income tax recoverable				14,103	16,807
	Prepayments	and accrued		income	1,517	1,137
					15,620	17,944
12.	CREDITORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2023	2022
					E	E
	Trade creditors Social security and other taxes				400 406	11,301
	Other creditors				858	762
	Accruals and deferred		income		4,662	2,500
					6,326	~14 563

Minimum lease payments under non-cancellable operating	leases fall due as follows:
	2023	2022
	E	E
Within one year	5,855
Between one and five years	42,418
	48,273

MOVEMENT	IN FUNDS
				Net	Transfers
				movement	between	At
			At 1/4/22	in funds	funds	31/3/23
			E	E	E	E
Unrestricted	funds
General fund			677,189	9,892	(944)	686,137
Designated	fund - Challenge	Valleys	10,381	12,000	944	23,325
			687,570	21,892		709,462
Restricted funds
Community	Facilities Programme		33,861	(33,861)
TOTAL FUNDS			721,431

Net movement	in funds,	included	included	included	in the above	are as follows:
							Incoming	Resources	Movement
							resources f	expended f	in funds f
Unrestricted funds
General fund							109,927	(100,035)	9,892
Designated fund - Challenge				Valleys			12,000		12,000
							121,927	(100,035)	21,892
Restricted funds
Community Facilities Programme								(33,861)	(33,861)
Pantry fund							11,235	(11,235)
Rhondda Cynon Taf CBC - Hardship Fund			Winter				1,200	~1,200)
							12,435	~46,296)	33,861
TOTAL FUNDS							134,362	~I46,331)	~11,969)
Comparatives	for movement			in	funds
							Net	Transfers
							movement	between	At
						At 1/4/21 f	in funds f	funds	31/3/22 f
Unrestricted funds
General fund						671,646	15;924	(10,381)	677,189
Designated fund	- Challenge			Valleys				10,381	~10381
						671,646	15,924		687,570
Restricted funds
Community Facilities Programme						33,861			33,861
TOTALFUNDS						705507	15,924		721,431
Comparative net movement			in funds, included			in the above are as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
									f.
Unrestricted funds
General fund							128,552	(112,628)	15,924
TOTAL FUNDS							128,552	~112,628)	15,924