Charity Registration number 1166716
C#nolfan Pentre CIO
Independent Examiners Report &
Accounts for the year ended 31 December 2023

Canolfln Pentre CIO
Charity inforniation
Trustees
Andrew Evans
Lauren Jenkins
Georgina Williams
Elizabeth Williams
Company Secretaries
Rachel Evans & Jonathan Bundy
Charity number
1166716
Registered office
Canolfan Pentre CIO
Ha￿hOrn Villa
Catherine Sireet
Pentre
CF417DP
Accountants
R H Jeffs & Rowe Limited
27128 Gelliwastad Road
Pontypridd
CF37 2HW
Banker5
Barclays

Canolf3iD Pentre CIO
Contents
Page
Accountants, report
Statement of Financial Aciivities
Balance shect
Notes to the financial statements
4-10

Independent Examiner's Report to the Trllstees of Canolfan PeDtre CIO
I report on the financial statements of the CIO, in¢luding the statement of finan¢ial a¢tivities, balance sheet and
not¢s, for the year ended 31 December 2023 as set out on pages I to I l.
This report is made solely to the charity's trustees, as a body. in a¢¢ordance with Section 145 of the Charities
Act 2011. My work has been undertaken so that I might state to the ¢harity's trustees those matters l am
required to state to them in this report and for no other purpose. To the fullcst extent pemiitted by law, I do not
accept or assutne responsibility to anyone other than the ¢h&rity and the charity's trustees as a body. for my
work, for this repoT( or for the opinions I have fonned.
Respec¢ive responsibilities of trustees and examiner
The charity's trustees (who are also the directors of the company for the purposes of cotnpany law) are
responsible for the preparation of financial statements. The trustees consider that an audit is not required for
this year under S¢¢tion 144 of ihe Charities Act 2011 ('th¢ Charities ACV) and that an independent examination
is needed.
It is my responsibility to..
l) examine the financial statements under Section 145 of the Charities Act;
2) lo follow the procedures laid down in the General Directions given by Ih¢ Charity Commission under
section 145(5)(b) of the Charilies Act; and
3) to state where particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in &¢¢ord&nce with the geneTal Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
financial statements prcsented with those records. It also includes consideration of any unusual items or
disclosures in ihe financial statements and seeking explanations from you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would b¢ required in an audit, and
cunsequently no opinion is given as to whether the financial statements present a 'true and f&ir view, and the
rew)rt is limifrd to thos¢ matters set out in the slat¢m¢nt below.
ndependent examiner's statement
In connection with my examination, no marter has come to my attention..
l) Which gives me reasonable cause to believe that in, any material resp¢¢t the requirements..
to keep accounting records in accordan¢e with section 130 of the Charities ACL and
to prepare financial statements whi¢h accord with the a¢counting records and comply with the ac¢ounting
requirements of the Charities Act
have noi been met. or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
financial slat¢ments to be reached.
Mr. R E Thomas Bsc FCA
R H Jeffs & Rowe Limited
27128 Gelliwastad Road
Pontypridd
Page I

Canolfan Pentre CIO
Statement of Financial Aetivities
for the yethr to 31 Detetnber 2023
Notes
Unrestricted
Total
Total
Restricted
year to
31112123
year to
31112122
Income and Endowments
Incoming resources frotn charitable activities=
Hire of Centre
- Grants
Tuck Shop
- Pop Up Shop
Volunlary income..
Gifts, donations and other income
2,152
84,993
8,709
80.971
80,971
12,122
2,770
12,122
2,770
10,047
10,047
9,848
Tot311 Income and Endowments
24,939
80,971
105,910
105,702
Expendlture
Charitable activities
Expenditure on Charitable activities
- Governance ￿sts
25,157
1,146
101,847
127,004
1,146
105,722
1,026
Total Expenditure
26,303
101,847
128,150
106,748
Movement in total funds for the year:
Nei Incoming (Outgoing) resources
before transfers
(1,364)
(20,876)
(22,240)
(1,046)
Transfer Between Funds
(3,949)
3,949
Net Incoming {Outgoing) resources
(5,313)
(16,927)
(22,240)
(1,046)
Totsl Funds brought forward
78,526
179,039
257,565
258,611
Totsl Funds earrled fonvard
73,213
162,112
235,325
257.565
The statement of financial activities includes all gains and losses recognised in the year.
All in¢oming resour¢es and resources expended derive from continuing activities.
Page 2

Canolfan PeDtre CIO
Charity Registration number 1166716
Balance sheet
as at 31 December 2023
2023
2022
Notes
Fixed Assets
Property. plant and ¢quipm¢nt
181,971
205,278
Current Assets
Cash at bank and in hand
54,768
63.476
54,768
63,476
Credltors: Amounts falling
due within one year
(1,414)
(11,189)
Net Current assets
53.354
52,287
Totsl A5set5 Less Current
Liabilities
235.325
257.565
The Funds of tbe Charity
Unrestricted Funds
Restricted Funds
73,213
162,112
78,526
179,039
Totll Charlty Funds
235,325
257,565
The note on pages 4 - 7 forni part of these accounts.
The finan¢ial statements were approved by the Truste¢ Board on
and signed on its behalf by
Elizabeth Willlams
Page 3

CanoifAn Pentre CIO
Notes to the financial ststements for the year ended 31 December 2023
Accounting policies
1.1. Accounting Convention
The financial statements have been prepared under the historical cost eonvention wtth items recognised
at cost or transaction value unless othen¥ise staled in the relevant note(s) to these accounts. The
financial statements have been prepared in accoTdance with the Statement of R¢¢ommended Practice..
Accounting and Reporting by Charities preparing their ac¢ounls in accordance with the Financial
Reporting Standard applicable in the UK (FRS 102) issued on 16 July 2014 and the Financial
Reporting Standard applicable in the United Kingdom (FRS 102) and the Charilies Act 2011.
The charity consitutes a public benefit entity as defined by FRS 102.
The Trustees have considercd the going concern of the charity over the next year and consider the
Charity to continue to be a viable going concern and that there are no material un¢ertainilies regarding
going concem.
1.2. Taxation
The Centre, being a registered charity, has no income that would attract income tax.
1.3. IDeome & Endowments
All incoine is recognised once the charity has entitlemcnt to the income, it is
probable that the in¢om¢ will be recievcd and the amount of income receivable
can b¢ measured reliably.
Donations arc rccognised when the charity has been notified in writing of both the
atnount and settlement date.
Distribution Income is taken into account on the date p&id into the Charities bank
account.
Government Grants have been accounted for when received. Grants wer¢
received towards the ¢ompletion of charitable objectives.
1.4. Fund Accounting
The unrestricted funds of the Charity comprise those monies which are available to be used towards the
meeting of the chariSabl¢ obj¢¢tiv¢s of th¢ Charity at the discretion of the Managemeni Committee.
The restricted funds are monies raised or received for a specifi¢ purpose and accounted for in
accordance with the donors imposed conditions.
1.5. Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that settlement will be required and the amount
of the obligation can be measured reli&bly. All expenditure is accounted for on an accruals basis.
Page 4

Canoifall Pentre CIO
Notes to tbe financial statements for the year ended 31 December 2023
1.6. Tangible fixed assets and depreciatio
Depre¢ialion is provided at rates calculated to write off th¢ ¢ost less residual value
of each assel over ils exp¢¢t¢d usefi]I life, as follows..
Land and buildings
Building element depreciated on a Straighi Lin¢
basis over 50 years
Depreciated on a Straighi Line basis over 25
years
20 /0 per annum on a reducing balan¢¢ basis
Improvements to Building
Fixtures. fittings and equipment
Motor vehicles
200/0 Straight Line basis
1.7. Debtors
Trade debtors and other debtors are r¢cognised at the settlement amount du¢ after any trade discounts
offered. Prepayments are valued at the atnount prepaid nel of any discounts due.
Creditors
Creditors are re¢ognised where the charity has a presenl obligation resulting from a past ¢vent that will
probably result in the transfer of funds to a third party and the amount due to settle the obligation ¢an b¢
measured or estimated reliably. Creditors are norn)ally recognised at their settlement amount after
allowing for any trade discounts due.
Net Ineoming Resources
2023
2022
Net incoming resources is stated after charging-
Independent Examiners, remuneration
Payroll costs
960
186
882
144
Income & Endowment5
Totsi
Period to
31112123
TotAI
Period to
31112122
Included within Income & Endowments for the Period are:
Grgnts
RCT
Moondance Foundation
National Lottery
Asda
Blakemore Foundation
High Street Social Toys
Wartn and Well
Mabon Trust
3,300
15,000
59,656
1,500
30,000
51,843
500
150
1,000
2,890
125
80,971
84,993
Page 5

Canoifan Pentre CIO
Notes to the financial statements for the year ended 31 December 2023
4. Totsl resourees expended
Basis of
Allo¢ation
Charity
Operating Costs
Goverllante
Total
year to
31112123
Total
year to
31112122
Costs directly allocated to #etivitie5
Sessional and delivery costs
Tuck Shop Pur¢has¢s
COVID-19 Care Packs
Direct
Direct
Direct
87,571
693
87,571
693
67,961
3,931
358
88,264
88,264
72,250
Support eosts allocated to xctivilies
Light and heat
Repairs and maintenan¢e
Insurancc
Printing, postage & stationery
Clearking
Telephone
Computer costs
Advertising
Legal and professional
Accountancy
Events
Bank Charges
Depreciation
Dir¢¢t
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
4,385
4,545
2,679
694
4,385
4,545
2,679
694
1,693
4,774
981
20
1,123
1,222
1,123
1,222
936
1,009
40
183
1,026
1,787
1,146
1,146
428
357
23,307
428
357
23,307
22,049
38,740
1,146
39,886
34,498
127,004
1,146
128,150
106,748
Page 6

Canoifan Pentre CIO
Notes to the finaneial sÉatemeDts for the year ended 31 December 2023
Stsff Costs
Total
Totll
ye#r to
year to
31112123 31112122
Staff costs during the Period comprised of the following:
Staff Salaries and Expenses
12240
12240
The average number of employees during the Period amounted to l (2022 -0), and Can b¢ analysed as
follows:
Administration
No employee was paid £60,000 or tnore during th¢ Period.(2022 '.nil)
The Trustees r¢¢eived no retnuneration or benefits in conneclion with the perfonnance of their duties.
The Tnkstees also did not claim any expenses during the year.
No Related Patty transactions occured during the year.
Fixtures
rittings and Molor
Extension Equipment vehicles
Propertyy plant #nd equipment
Total
Cost
At l January 2023
136,671
168,063
11,999
316,733
At 31 December 2023
136,671
168,063
11,999
316,733
Depreciation
At l January 2023
Charge for the year
8,685
2,464
98,170
18,443
4,600
2,400
111,455
23,307
At 31 December 2023
1,149
16,613
7,000
134,762
Net book values
At 31 Deccinbcr 2023
125,522
51,450
4,999
181,971
Ai l January 2023
127,986
69,893
7,399
205,278
P#ge 7

Canolfan Pentre CIO
Notes to the financial statements for the year ended 31 December 2023
Creditors: amounts falling due
within one year
2023
2022
Accruals
1,414
11,189
1,414
11,189
Profit
and loss
account
Reserve5
Total
At l January 2023
Loss for the year
257,565
257,565
(22,240) (22,240)
At 31 Deeember 2023
235,325
235,325
Page 8

Canolfan Pentre CIO
Notes to the financi311 statements for the year ended 31 December 2023
Unrestrieted/Restricted Funds
At
01101123
Incoming Outgoing Transfe
Resourees Resources
At
31112123
Unrestri¢t¢d Funds
Restri¢ted Funds
Big Lottery Fund (toilet and door r¢furb)
Welsh Church Fund Refurb
- Warni and Well Grant
Garden Project
Trivallis
Moondance Foundation (Vehicle)
Garfield Western Extension Project
- MUGA Project
Trivallis Cameras Proj¢¢t
New Floodgates (Moondance Fdn)
Building Project (Interlink and Vol Act MT)
Big Lottery Fund (wages and equipment)
Awards for All (Wages)
High Street Social (Toys)
- RCT Food Support
RCT Detnentia Grant
RCT Winter Hardship
- Mabon Trust
- Moondance
78,526
24,939
(26,303) (3,949)
73,213
4,568
1,664
(520)
(567)
(635)
(1,177)
(600)
(2,400)
(1,293)
(7.841)
(481)
(2,790)
4,048
1,097
1,355
2.774
1,990
3,951
600
8,880
59,828
34,927
1,515
47,438
12,699
6,480
58,535
27,086
1,034
44,648
11,528
59,656
(60,408)
752
(6,626) 3,170
3,456
113
300
1,400
1,900
125
15,000
(294)
1.400
1,900
(152)
(14,892)
27
108
257,565
105,910
(128,150)
235,325
Big Lottery Fund
Funding was secured io renew thc access doors and toilets at the premises. This has been
completed and the balance is the undepreciated net book value carried fonvard in Property,
Plant and Equipment.
Welsh Church Fund Refurb
The fund was pledged by Welsh Church Fund Fund during the year to go towards roller
shutters, flooring, projector, tables and chairs
all purchased in the year. These have been
purchased and are depreciated from ihe fund over their useful life.
G#rden Projeet
Funding raised towards the renovation of the garden al the premises. This work has been
completed and the balance relates to the value of the asset in the accounts which will be
deducted with the depreciation charge over its lifespan.
Moondance Foundation
Grant awarded covcrcd the Cost of the kitchen upgrade and the food provision "Top Up Shop"
Page 9

CAnolfan Pentre CIO
Notes ¢0 the financial $tatemen¢s for the year ended 31 December 2023
Garfield Western Extension Project
This money was granied to the charity towards an extension build at the prcTnises, this covers
all legal, furnisl)ing and garden works that will come with the build. This has been completed
and the balance is the und¢pr¢ciated nel book value Carried forward in Property, Plant and
Equipment.
MUGA Project
The charity rcceived money frotrk the Wind Farm Fund and RCT for the purpose of building a
Multi usage gaming area. The charity achieved this by leasing the derelict park pool area from
the local authority and ¢ommissioning contractors to build this play space. Thc charity has a
ten-year lease on this area. This has been completed and the balance is the undepreciated net
book value carried fonvard in Property, Plant and Equipment.
Trivallls Cameras Project
Travllis grant provided funding for new security ¢8meras, ¢merg¢n¢y lighting and fire
alarm/sensors. This has been completed and the balance is the undepreciated net book value
carried forward in Propety, Plant and Equipment.
New Floodgates
Grant provided by Moondance Foundation towards cost of new floodgates which have been
pur¢has¢d and are being depreciated over their estimated useful life with the remaining balance
being the undepreciated nei book value carried forward in Property, Plant and Equipmei)t.
New Building
Grants provided by Interlink RCT and Vol Act MT towards building work undertaken during
2020 such as a new canopy and and path decking. This work was completed during 2020 and
is being depreciated over ils estimated useful life and the remaining balance is the
undeprecial¢d net book value Ca￿led forward in Property, Plant and Equipment.
Big Lottery Fund (W#%es and Equipment)
Grant provided under the Big Lottery Fund in 2023 ¢ov¢rs staff. wages, advertising and a
small amount towards energy. This was topped up by the Centre where necessary.
io.
Analysis of Net Assets betweell Funds
Totsl
Unrestricted Restricted
Tangible Fixed Assets
Net Current Assetsl(Liabiliti¢s)
20,265
52,948
161,706
406
181,971
53,354
73,213
162,112
235,325
Page 10

Canolfan Pentre Trustee Re
ort Year End December 2023
Tru5tees-
Andrew Evans
Elizabeth Williams
Georgina Williams
Lauren Jenkin5
Committee-
Secretary - Ryan Evans
Tresurer- Rachel Evans/Elizabeth Williams
Chair Person- Jonathan Bundy.
Thi5 report will detail the progress of Canolfan Pentre CIO through 2023.
We would like to begin with offering our sincere thanks to all volunteers and community support
throughout 2023, again, its been a difficult year and we have worked hard to over come many
challenges in todays financial climate.
As previously stated 2023 was another challenging year with the cost-of-living crisis dictating our
order of running.
We are seeing an ever-increasing number of people coming to us for sUPPOrt, fmm mental health to
everyday essentials, we predict this will only become more challenging as the Christmas period
approaches.
Our after-school clubs have also doubled in numbers, we also credit this to the cost-of-living crisis,
ever becoming a drain on parent's finances, we envisage that our user numbers in our preschool and
after school clubs will continue to grow.
We have been fortunate to secure five years of National Lottery funding that gives us the scope to
plan for the future without worrying how we will pay our staff, giving us more time and opportunities
to ensure the most vulnerable in our communities are cared for and know that they can turn to us
when needed.
We continue to look for new ways to engage with our community and ensure that we provide the
type of classes and provision that is needed to support our community members.

The way forward - Social prescribing will be key to the post paridemic fall out, with GP. mental health
and support services being stretched to their limits, the Third sector will be relied upon to once again
ensure that the￿ is an alternative option.
The accounts, remain healthy, we are lookinE for ways to become more sustainable without the need
of outside funding.
Buildin
The building is in good order with repairs being taken care of as and when required.
We have replaced the lights I the main room as there was an issue with their age and condition.
We have replaced all floor coverings, and we now have a new fitted kitchen.
The garden area is in Eood order with plenty of outside provision for our younger and older users to
enjoy.
We have replaced all internal doors.
All maintenance issues are reported to our landlords RCTCBC.
Vehicle
The vehicle is taxed, insured and maintained, as and when required.
Insurances
Our insurances are all dealt with by Keegan and Pennykid. We find it far easier to keep all our
insurances in one place with one company.
MUGA
The MUGA continues to be a great facility for our community, it is well used and is in good order.
Goals for 2023
To be self-sustainable.
We continue to monitor the impact of the pandemic and the cost-of-living crisis.
We continue to meet monthly and have weekly team meetings to ensure that we are prepared for all
eventualities.
Rachel Evens
Manager Canolfan Pentre

Kayleigh Holley
Under manager