Company registration number.. 09412810 Chanty reg15tration number.. 1165169 Llanrumney Hall Community Trust Limited {A company limited by guarantee) AnryJal Re[rt ar>J Finaroal St*emenls . forthe Year Ended 31 jY 2024- HSJ Accountants Ltd Sevem House Hazell Drive Newport South WJes NP10 8FY
Llanrumney Hall Community Trust Limited Contents Reference and Administrative Ddails Trustees, Report 2to5 statement of Trustees. Responsibilibes IrKleperKlent ExaMerfs Rewt Statement of Financia Activibes Balance Sheet Notes to the Finanoal Statements 10t020
Llanrumney Hall Community Trust Llmtted Reference and Administratlve Details Chalrnian MrSB Trustees Mr S Borley Mr R J Thomas Mrs J Parker Mr L Brijgeman Mrs CM Borfey Mr S TIM)mas Mrs C McDonald Charity Registratlon Number 1165169 Company Reglstrdtlon Number 09412810 The dnty is inc(por8ted in United lQngdoYn. 1 Aexandra Gate Ffordd Pengam Car¢Jiff S Glan CF24 2SA Registered Office Independent Ex•mlngr HSJ Accountartts Ltd Severn House Hazell Drive South Waes NP10 8FY Page 1
Llanrumney Hall Community Trust Llmlted Trustees, Report The trustees, who are directc for the poSe$ of ¢)Jrnpany kiw, present the annual report together with the financAal ststeMts of the eharitable company for the year ended 31 January 2024. Trustees and offlceys The trustees and officers serving during the spar and since the ye8r erKI were as follows.. Trustees.. Mr S Borley Mr R J Thomas Mrs J Parker Mr L BrKlgeman Mrs CM Borley Mr S Thomas Mrs C McDondd (appointed 30 Novemtw 2023) Structurep governance and management This Trust$, Report and Final Accounts the sFar from 1st February 2023 to 31st January 2024. Nature of goyemlng <locunMt The govemirrfJ document of the charty is its Memandum and AJ1icle5 of Association - incortx)rated on 29 January 2015, as amended by sck81 resdution on 8 January 2016. The Charity is wSter1 as a private company. limited by guarantee. Recrultment and appolnlment of trustees New Trustees are recnjited by rersonal intrcKJucl1c. urthtske a formal interview *ith set qUeStic$ and appointed by a res0llrtn of the esting Trustees, in accorda wth the Chariiys Constitution and The Charity Commissions good pract. Page 2
Llanrumney Hall Communlty Trust Limited
Trustees. Report
Alajor rfsks andmanagement of those rfsks
The Trustees have c(s1(red major rtsks lo whith the Charity is exwjsed, have reVive IFse
risks 8nd have estsbl¢shed systems and procedures to manage them. The key risks identtfied by
Trustee5 included establishing longer temi rental tenancies for rwms suitsble for a range of
Jpportive businesses of Lnefrt to the SU0ding communty lo access at Uanrumney Hall and as a
Sour of underpinning financral income. Throughout the wi¢xl covering this Amual Reth, Trustees
an confimi that this key objective was achieved.
Objecttves and actlvltles
Objects and alms
The Chity fomially ests acurdirwJ to its MemorarKlum 'To further or benefft the re8idertts of
Llanrumney in Car(liff and the neightK)urhooKJ, wthout distiTrthon of sex, sexual ontatiOn. race or of
polrtical, rdigious or other opinions by as$a"n9 together the said residents and the local authorities,
voluntary and other organisab"c5 in the common effort lo a
Llanrumney Hall Community Trust Limited Trustees. Report Our Health and Welling Roundhouse VRS offiually by Govemmerfs Minister for Socral Justice, Jane Hutt. Use of the Roundhouse continues to grow with numerous Wel1bng activities allowng those in need of tranquil enviror¥Ybent to enjoy the calmness of this Inderful spa. LHCT were nominated anj won a presbgious &Jsiness Partner award from Cardiff and Vale College. CAVC have collaborated Llanrurnney Hall communty Trust for almost four years. having been a key partner in the COlge'S Clc Mission in East Cafdiff. Together, Y have provided teathng and learniThJ opportuntbes for Iwal residents IndlIng Forest Schools, counselling, adult aming wurses and more. The Trusl has also developed a suecessful community programme %thich prowdes opportunrties for kjcal chiklren. yvung people, and tarni1S to build social nelworks, experience new a¢b"vÉb"es and develop their skills. They have also assisted CAVC in hosting four Skillg CLYnpetition W*s and WCk1sklllS c0mpeknts in horticJJllure. The TTUSI has successfully created a ccrfnmunity hub.. promding an indusive space fcf people and servirrtJ as an excellent satellite for CAVC to reach out and support the social, economlc, environmental, arKI cural 1being of Ihe area. Flnanclal rnvlew To ensure financk31 stability throtsyh the development of finanaal policies and controls. To secure revenue streams in order to SLWPOrt the Hall's development aThJ to generate Suru$ reseNes to invest in imwoved fau"Irb"es for the commLnty. To ensure all Uanrumney Hal Ina e4e financially viable. Policy on reseThes The Trustees have revE¥d the Reserves Policy arKI. in rrIanCe with Charty Ccfflmission guidelines. have cx)nsidered the level of unrestricted reserves, vthich il Is appropriate for the Charty lo hold with the imperative that it should te able to ¢tinue to meet ts chantable obj'ectives in the short term. The TNstees have decKled that the redevelcpment of the Hall is undertaken and funding to support the redevdopment and fLrture operal]'ons of the Charty is sourced, the Charity wll have a defiat in reserves supported by its related party company. Borley Engineering Servicos Limited, which is providing an unse(yJred. inteSt free. repayable on demand loan. Phnclpal fvndlng sOUe$ The Charity continues to source fundirNJ 1hrcgh donations fr(yn corpofale donors arhj the I1 community in addition to major grants that wll cover the cost of ongoing develcwents for commvnty benefrt at the Hall and overheads. Llanrumney Hall is cwentty developing new revenue streams from fund raisirg activities, additional tenanls, rcx)m tiire. the eLJmmunity cafélbistro. the ueche and a variety of communty activibes and e¥Mts. Plans for future periods We are excited lo move irrto 2024 IwkirKJ al and expanwon of the seryices we can offer our cgymmunty. Health and we14Hng continues to be a maicf fcaks wilh limited service5 Offed in the bxa area Wclklng wth unpaid earers and those INing wttr) dementia. Wcfkng with outstde organisations to deliver new ctsurses arKI leaming opp)rtLnthes. Page 4
Llanrumney Hall Communlty Trust Llmlted Trustees. Report Developing and expanding OLf vthts)I holidty programme lo indude more neuro1luSe actitIes. Flnancial instruments Objectives andpolicies The charitys acliwties expose r( lo a numkr of financial risks induding credit rtsk, cash ffow risk and liquidty risk. The use of financial derivatives is govemed by the ¢harWs policies approved by the board of trustees, wtrwch prowde written Prinp on Ihe use of financia derivatives lo manage these risks. The charity does not Use derNative fInCIal instruments for speculative purposes. The annual report vrds approved by Ihe trLStees of the charity .... ... .. ... . and signed on its behalf by. Chairman nd trust Page 5
Llanrumney Hall Community Trust Llmlted statement of Trustees. Responslbllltles The trustees (0 are a0 th8 directrHs of LIrumneY Hall Communty T1 Limited for the purposes of company law) are responsie for preparing Ihe truStS. repcrt and the finanual statements in accordance wlh the United lQngdom Ae£ounting Standard5 IUnrte(I lQngdom Generalty Aw)ted Accounting Practice) and applicable law and regulations. Company law requires the trustees to prepare finanoal stateMts for each financial year. Under company law the trustees musl not approve the finan(aal statements unless they are satisfied that they give a true and fair view of the state of affairs of tl tharitable company and of its incoming resources and application of resources, includir¥J rts income and expenditure, for that period. In preparir¥J these financial stslements. the trustees are rw4uired to: sdect suitable accountirg poticies and apply them nsIStenty. observe the meth¢xls and w1naeS in the Chilies SORP.. makejudgements and estimates that are reasonable and prUdt.. state whether applicable UK Accountir*g Stsndards have been fOllu+1. subied to any material departures disclosed and exFlained in the finanoal statements.. and prepare the financial statements on the going cor1 basis unless r( is WpprOpriate to presume that the charitable company Ibill continue in business. The tnjslees are responsible for keeping adequate accounting records that are suificienl lo show and explain the charItae c(mpanVs transacti$ and disclose reasonable accuracy al any time the financial position of the charitable comFkAny and enable them to ensure that the financial statements CoMY wth the Companies Act 2006. They are also resp)nwb for safeguarding the assets of the tharitsble company and hence for taking reasonat4e steps prevention and detection of fraud and other irregularitses. Approved by the trustees (rf the ctharity ..... .... . and signed its behalf ty. MrSBo Chai anan Page 6
Llanrumney Hall Communlty Trust Llmlted Independent Examinerfs Report to the trustees of Llanrumney Hall Community Trust Limited {'Yhe Company") I report lo the charity trustees on my examination of the acco of Ihe Company fry Ihe year ended 31 January 2024. Rèsponsibilities and basis of report As the charits trustees of the Company {and also lis directors for the purposes of company law) you are resn$1e for the preparatson of the ants in acccKdance with the requirements of the Companies Act 201X Ilhe 20(6 A(a'l. H8ving satisfied myEeW that the acLX)urts of Llanrumney Hall Commtjnity Tfu$I knmited are not required lo be audited under Part 16 of the 21X)6 Act and are elvJible for widependent examination. I rewt in respect of my examination of ywr chartys accounts as c2rrted oth under section 145 of the Charitie5 Act 2011 Ilhe 2011 Act'l. In carry?ng out my examlatiOn I have followed Ihe Direction5 gwen by the Chatty Cornmission urthr 14515llbl ofthe 2011 ACL Independent examinefs ststement sin the Companls gross income exceeded £250.000 your examiner must be a member of a bc listed in section 145 of the 2011 Act. I confimi tsl l am qualified to undertake the examination because l am a member of FCCAACA DCM BFP. tthich is one oftt)e 'Ste(l tsojies. I have completed rny examnation. I confimi that rKtr matters have cune to my attention in connecknon th the examinatK>n giving me cause to believe: 1. accounting records were not kept in respect of Uanrumney Hall Communty Trust Limited as required by section 386 of the 2006 Act or 2. the accounts do not accord wth those rwds" or 3. the accounts do not COM wth the accwnting rUirements of section 396 of the 2006 Act other than any tequiremenl the aClts gib a and fair which is nol a matter considered as p of an indepèrKtent examinalicffi" or 4. the accounts have not been prepared in accrydarce with the methods and principle5 of the Slalement of R0MMended Practice for account¢ng and reporb.ng by chariites lapplicable to charityes preparirJ their accounts ui aw)rdance the Financial Reporting Stsndard applicaNe in the UK and RUbliC of Ird8nd IFRS 102)]. I have no cOnmS arKI habE rnme across rK) other matters in nneth"on Vth the examination lo which attention should te drawn n this report in order to enaL4e a proper undetst8ndir¥J of the acco tober mrAndre Hill FCCA ACA DChA BFP Sevem House Hazell Drive NeOrt South Wales NP10 8FY 31 October 2024 Page 7
Llanrumney Hall Communty Trust Llmlted statement of Financial Activities for the Year Ended 31 January 2024 (Including Income and Expenditure Account and Ststement of Total Recognised Gains and Losses) Total 2024 Total 2023 Unrgstrlcted Note Incomo and Endowments from: Donations and leeS Charitable activities Other income 181,037 26.796 119,151 181,037 26.796 119,151 337,161 26,290 119,082 TO1 income 326.984 326,984 482,533 Expenditure on: Charitable activities Other expendrture (336.863) 1.271 (336,8631 1.271 1459,155) 8,OT2 Total expendire 338,134 338.134 467.227 Nel {expendilureifinc(xne Nel movement in funds 11.150 11,150 15,306 (11,150) 111.150} 15,306 Reconclllatlon of funds Total fvnds brought forward 528.502 528.502 513,196 Total funds carried forward 18 517,352 517,352 528,502 All of the charity's a("v.es derive from conb"nuing operatior6 during the atK)ve tsyo periods. The funds breakdon for2023 is slTh)wn Ki rKle 18. The notes pages 10 to 20 form an integrnl part of thèse financial ststemenls. Page 8
Llanrumney Hall Community Trust Limited (Registration number: 09412810) Balance Sheet as at 31 January 2024 2024 2023 Noto Flxed assets Tangible assets 12 1,513,435 1,578.581 cuertt assets Debtors Cash at bank 8n¢J in hand 13 14 47,8C 4.917 49,353 43,059 92,412 52.723 Credltors: Amounts falllng due withln one year 15 1.034.359 1,118.131 Ngt ¢urrgnt Ilabllftles 981,636 1,025,719 Totsl assets less cumt Ilabllities 531,799 552.862 Credltors: Amounts falllng due after more than one ywdr 16 Not assets 14,449 24,360 517.350 528,502 Funds of the charlty: Unrestrkted Income funds Unrestricted fun¢ 517,352 528,502 Total funds 18 517,352 528,502 For the fin81Kial year ending 31 2024 the charrty vras entitied to eXemptiC from auat under section 477 of the CompleS Act 2006 relab.ng to small ccrfnponies. Directors. responwbiltties.. The membws have not required the tharity to obtsin an audit of its accounts for the year in question in accordance with section 476,. The directors acknovAedge ttlf responsiknlibes for cornplyirkg IMth the requirements of the Act hth respect to accounting records arKI the preparali¢yJ of accou¢ts. The financial statements on pages 8 to 20 were by the trustees. arKY wJthorised f¢y issue on . and Sied on their behaf ty. Mr S Borl&y Chairman and trustee The notes m pages 10 to 20 fomi an integral part of these finanaal statements. Page 9
Llanrumney Hall Community Trust Limited Notes to the Finan¢lal Ststernents for the Year Ended 31 January 2024 1 Charity status The charity is limited by share capital, itKofForated in UThted lfjnylom. The address of ts registered office is.. 1 Aexandra Gate Ffordd Pengam C8rdrff S Glam CF24 2SA 2 Accountlng polkies Summary of slgnrficant accountlng pollcles and key accountlng estlmates The prin(upal accounting pdiues aPpld in the preparation of these finantial slatemenls are set out bdow. These polioes have been w[lStenVY applred lo all the years presented. unless otherwise ataj. Basls of preparatlon The charity constitutes a publ benefft entsty as defi1 by FRS 1W2. The finanual strnenls have been wepargj in accordance fjth Accounting Reporting by Charfaes.. Slalemenl cl Recommended Practice aprAKable lo Chare$ preparing their accounts in accordance wth the Finanaal Rwtir¥J Standard apKAi¢able in the UK an(1 Republic of IrelaTrJ IFRS 1021 (effective 1 January 2015) (Charities SORP IFRS 1021), the Finane(al Reportbng Standard applicable ill the UK and Republic (rf Ireland (FRS 1021. They also o)mpty wth the Companies Act 2006 and the Charities Act 2011. Also the charty continues to apY Update Bulb2tin 1 lo the AQUrlng and Reporting ty Charities.. statement of Recommerwjed Pr&th"ce awuble lo Te$ prepariThJ thr aCCots in accordance with the Financial Reporting Standard aptAicable in Ihe UK and Republ of Ireland IFRS 1021 (effective 1 Jawary 20151- Charilies SORP IFRS 12}. Income and endowments All incoming resour are indLKled in the Stslement of Financ4al Acvilies {SOFA) when the tharity is alty ted lo the income after any trfomiance conditi.ons have b&n meL the amount can be measured rlaY and it is prObae that the IrmeWl be received. Donations andlegacios Donations are recognised en the ch8nty has been notified in wthng of IKSth the amount and settlement date. In the event th8t a donalion is sthiecl to condibons that require a level of perfomiance by the charity before the tharity is eniiiled to the funds, the Kicome is deferred and not recognised until eithor those nditi¢)n$ are fulty met, or the fijIment of those condthons is wholly thin the control of the charity and it is pr¢knble that these condrlions wll be fuffilled in the rq)orting Peri. Page 10
Llanrumney Hall Communlty Trust Llmlted Notes to the Financial Statements for the Year Ended 31 January 2024 Grants receivab Grants are recognised vknen the charity has enttttement to the fvnds and ary condthons linked lo the grants have been met Where perfonnanc condTtions are attached to the grant and are yet to be met, the income 15 iecognised as a liabilty included on Ihe balance sht as defeed income to be released. Defenpd Iorne Deferred income represents amounts rexANed for fLrture periods and is releas8J to IoMIng resources in the peric#J forwhich. it has been r1vJ. Such income is deferr8J when.. - The donor Specif thal the gr or don8tron must only be used in fubjre lUnting periods,. or The domr has imwsed cOndonS whh must be met before the tharity has uncdrt{ona7 entsllement. Expenditure Ail expenditure Is recognised once there is a legal or constructive obligatirffj lo that expendlture, it is prot£ble settl&nent is required and the arnjnt can be measured rdiably. All costs are alk)caled to t1 8ppIHble experKlibJre heading that aggregate similar cosls to that catewry. chaable actlvltles Charitsble expendiiure comwses those costs ncurred by the charity in the deliVY of its actiities and servi$ for rts benefiuaries. tt indudes both costs that can be all(ed diredy to such activities and thc6e sts ofan indireca natt¥e rces5ary to support them. Governancg costs These incjude the costs attributable lo the chaTrWs ccrfnpIian with wistitijbonal and slatutory requirements. indudiTrJ ajIt. stral4ic monwent and tnjstees's mtings and reimbursed expenses. Governmollt grants GoverrKnent grants are reLwnised bas&J on Ihe accn41 model and are measur8J at the fair value of the asset re1Ved or 1Vable. Grants are d8SStfied as relating either to revenue or tr) assets. Grants rdating lo revenue are recognised in inccrfne over period in the related sts are recognised. GrlS relating lo assets are reciwi5ed over the expected useful lffe of the asset. Where part of a grant relating lo an asset is defeTred. it is reccKJnised as deferred income. Taxation The charity is cc$1dered to pass the tests set out in Paragraph 1 ScWule 6 of the Finance Ac 2010 and therefore it meets the definiti.on of a charitable company for UK corporation lax purposes. Accordingty, the charity is potenlialty exempt from taxation in respect of income or capital gains re1Ved vthin categOrS covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Secion 256 of the Taxation of Chargeable Gains Acl 1992. to the exient that such in@ or gains are applied exclusively lo charitable purposes. Tanglblg fixed assets Individual fixed assets costtng £100.(Kl or more ore inrtiaty rec at cost. Page 11
Llanrumney Hall Communlty Trust Llmlted Notes to the Financial Statements tor the Year Ended 31 January 2024 Depreclatlon and amortlsatlon Depreciation is provided on tangible fixed assets so as to write off the cost or valUatic, Igss any estimated residual value, over thr expected useful ecL)nomic lrfe as follows.. Asset class Depreclathjn methixl and rdte Over 35 Yea upon coMetiOn of renovations 2A straight Ine basis Leasehold impfovements Fumitwe and equipment Trade debtors Trade debtors are amounts due frc¥n StomerS f¢Y merthandise sold or seNces perfomed in the Ofdinary course of business. Trade debtors are recoJnised inrtFalty at Ihe transa¢AiLM Ptte. TIW 8re yjbsequenlly measured al amorti5ed cost using the effecbve interest methrl. less provigon for impaimenl. A prowsion for the impairment of trade debtors is established en there ys obJ"eciive eVIJen that the charity wll not be able to collect all amnts due according to the origina terms of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand ar call deposits. arKI other short-twm highly liquid investments that are readity convertilAe to a known amount of cash and are sut4.ect to an insignifunl risk of change ¥1 val. Trnde creditors Trade creditors are olAfvsations to pay for 9(S or Servi that have been acquired in the ordinary urse of business from suppliers. Accounts payable are dassrfied as current liabilities if the charity does not have an unconditi1al right, at the end of the reporbng perh)d, to defer setuement of the creditor for at least hvdve months after the reporb"ThJ dale. If there is an unconditional right to defer setNement for 8t least Iwelve months after the repofbng date, they are presented as norrfurrent liabilities. Trade credrtors are recognised inibaty at the transactson pite subsequenty MsUre at amortised cc61 usiryJ the efftive interest methcmj. Borrowlng$ Interesl-bearing borrowngs are iniiialfy re(x)rded at fair vaue. net of transacti( costs. Interesl.bearing borrowings are subsequently carrted at amortised cost, Yth the djfference betsveen the prcteeds. net of tr8nsaciion costs, and the amcxAnt due on redemption being reu)gnised as a charge to the Statement of Financ4al Acb¥itw over the perirxl of the relevant b0rfovng. Interest expense is recryJnised on ts basis of the effe(ve interest method and is induded in interest payable and Milar charges. Borrowngs are classified as current liabilities unless the charty has an undI.0nal right to defer settlement of the liability for at least e1ve months after the reForting dale. Page 12
Llanrumney Hall Community Trust Limited Notes to the Flnan¢lal Ststements for the Year Ended 31 January 2024 Fund structure Unrestricted income lunds are general funds that are avaikible for use at the trustees diSCretic in furtheran ofthe objects.ves of the charty. Pensions and other post retlremenl obligallons The charty operates a defin contribution pension scheme vknich i8 a penSn plan under which fixed contributions are paid into a pens¥)n lund and the tharity has legal or CstrUctive olgatiOn lo pay further conlribub.ons even rf the fijnd ¢kns rK)t hold suffiuent assets to pay 811 employEes the benefits relating to empkjyee Servi in Ihe cutrenl pri(K perKwJs. Contributions lo defined contribution plans are I¢>jniSed in the Statement of FInarla1 Acliwties when they are d. If Contributi( payments ex(*ed the Corrtn"bUt due for Se, the excess is recognised as a preFwenL 3 Income from donatlons and legades Unrestitted fund5 General Total 2024 Total 2023 Donations and legacies: Donations fr(¥n iTrJNiduals Grants. including capitsl grants- Government granls 8.454 8,454 9.797 172,583 172,583 327,364 181,037 181,037 337.161 Page13
Llanrumney Hall Communlty Trust Llmlted Notes to the Financial Statements for the Year Ended 31 January 2024 4 Incomo from ¢baritable activit$ Unyestrlcted funds General Total 2024 Totsl 2023 Centre Hire 26,7 26,7 26,290 5 Other income Unrestrktgd fund$ Ggneral Tolal 2024 Totsl 2023 Rental income 119,151 119,151 119,082 6 Expenditure on charttable actfvllles Unwestricted Total 2024 Tolal 2023 GeneTrl Note Centre Hire Grant funded expendrfure DeprecIatic, amortisation and other similar costs Staff costs 116.187 21,437 116,187 21,437 110.279 145,119 65,146 133,048 65.146 133.t148 1,045 59,063 143,649 1,045 459,155 336.863 336,863 Total expenditure In addItn to the expenditwe anald *x)ve, Ihere we also govemance costs of £1,045 12023 - £1,045) whbch relate direclly to charitsbie actW5bes. See note 8 for fvrther detsils. Page 14
Llanrumney Hall Communtty Trust Llmited Notes to the Financial Statements for the Year Ended 31 January 2024 7 othor expenditure Unrestrkted Total 2024 Total 2023 General Professional fees Other resr¢eS exp8nded {2.3261 3,597 1.271 (2.326) 3,597 4.327 3,745 8,072 1,271 8 Analysis of governance and support $ts Govemance costs Unxestrlcted funds Genernl Totsl 2024 Totsl 2023 Independent examiner fees Examination of the financial ststements 1,045 1.045 1.045 1,045 1.045 1.045 9 Trustoos remuneratlon and expgnses No tnjslees, nor any persons ne¢1 iih them. have ¢Ved any remLmeration from the chanty duriThJ the year. No trustees have receiv any reimtsjrsed expenses or ary other bRffts from the ch*ity during the Page 15
Llanrumney Hall Communlty Trust Llmlted Notes to the Financial Statements for the Year Ended 31 January 2024 10 Staff costs The aggregate payr(41 costs as follows: 2024 2023 staff costs durfng the year v. Wages and salaries Sock?1 securty costs Penslon costs 126,361 8.292 1,605 133,048 133,922 9,138 589 143,649 The monthly average number of persons (including senior managernent I lea(lership team} ernployed by the charity during the ar expressed as frjll time equivalents was as follo.. 2024 No 2023 No Charitable activities Govwnance 10 2 {2023- 2) of the above employees parti(xpateJJ in the Defined Cothbution Pension Schemes. ContribJtion$ to the emplohee schemes for the year total* £107 {2023- £589). No employee re1ved emoluments of more Ihan £60.OIXI during Ihe y. P&Je 16
Llanrumney Hall Community Trust Llmlted Notes to the Financial Statements for the Year Ended 31 January 2024 11 Taxation The charity is a registered charty and is therefte exempl from taxalion. 12 Tangible ftxed assets Land and buildings Furniture and equlpment Plant and machlnery Total Cost At 1 February 2023 1,670.997 47,704 47,608 1,766,309 At 31 January 2024 1,670.997 47.704 47.608 1,766,309 Depreclatlon At 1 February 2023 Charge for Ihe ar At 31 January 2024 163.087 55,311 16.106 5.074 8,535 4,761 187,728 65,146 218.398 21.180 13,296 252,874 Net book valu• At 31 January 2024 1,452.599 26.524 34.312 1,513,435 At 31 January 2023 1,507.910 31,598 39,073 1,578,581 13 Debtors 2024 2023 Trade debt3 47,806 49,353 14 Cash and cash equivalents 2024 2023 Cash on hand Cash at bank 2,679 2,238 2,679 40,380 43,059 4,917 Page 17
Llanrumney Hall Communty Trust Llmited Notes to the Financial Statements for the Year Ended 31 January 2024 15 Credlior5: amounts falllng due within one year 2024 2023 Bank loans Trade creditors other taxalion ar*J social security Oiher Creditors Accruals Defeed Irome 9,867 49,688 4.927 873.914 38,683 141,252 24,347 7,681 914,470 21.680 56,514 1,034,359 1,118,131 16 Crgdltors: amounts falllng due aftw one year 2024 2023 Bankloons 14,449 24,360 17 Pensfon and other schemes Defined contribution pension scheme The charty operates a defined ntrion Fewon schwne. The pension cost charge for the year represents contributions payable chanty lo the scheme and am(yJnled to £11,605112023 - £589). 18 Funds Balance at 1 February 2023 IomIng Resources expended Balance at 31 January 2024 UnrestrKted General 528.502 326,984 338,134 517,352 Balance at 1 February 2022 Incomlng resources Resources Balance at 31 expended January 2023 Unrnstricted General 513.196 482.533 467,227) 528.502 Page 18
Llanrumney Hall Communlty Trust Llmlted Notes to the Financial Statements for the Year Ended 31 January 2024 19 Anatysi$ of net assets between fund$ Unrgstrkted fund$ Genernl Total funds at 31 JarEuary 2024 Tangible fixed assets urrent asse15 Current Ik?bilitses Creditors over 1 year 1,513.435 52,723 {1,034,359) 14,449 1.513,435 52,723 11.034,3591 14,449 Total net assets 517.350 517,350 11 Unrgstrkted funds General Totsl funds at 31 January 2023 Tangib fixed assets Current assets Current liabilbties Crediiors over 1 year 1.578,581 92,412 (1.118,131) 24.360 1,578,581 92,412 11.118,131) 24,360 Total net assets 528.502 528,502 Page 19
Llanrumney Hall Communlty Trust Llmlted Notes to the Financial Statements for the Year Ended 31 January 2024 20 Related party transactions During the year the charty made the foll0vj related party transactions". Borley Engineering Servlces Limited (Relationship". COMM¢ director) During the year the tharity tx)ntinued to weive a loan fm eY EngineeriThJ Llmited to assist with ca5hflow. The loan from Bortey EngineeriThJ Ses knmited is unsewred. interest free and repayable on demand. At the ba1ce sheet date ts amount due to Bortey Engineering SeTrices Limited was £912,60812023- £872,208). Borley Engineerrng Services Llfflited {Relth"onship." comm( director) During the year the charity received semces frcffi Borley Engirwring Services Limited. Al the balance sheet date the anount dL* toltrom Borfey Engineering Se$ Limited £Nil {2023 - £Nil). Page 20