Ccryany Registration Number- 09756505 The Charity Registration Number is :_ 1170763 Afan Valley Communty Leisure Report and Accounts 30 September 2020 A15 2pAoe¢2021 COMPANIES HOUSE
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Afan Valley Communty L8isure Report and accounts for the year Mded 30 S•ptember 2020 Cont•nts Page Charlty Inlonnatlon Trust•es' Annual R•port Stat•m•nt of dlr•ctor5' SponsIblll•S IndependentAccountanYs Report Funds Slatsments... ststemenl of Finanaal A''e5 Statement of Financial ACtive$- Pricw Year statement 10 11 Moverngnts in fur Revenue FuThYs Income aThJ Exp8nditure acci)unt Summary offurk 11 12 11 Baln¢e ¥hg¢t 13 Notes to the accounts 14
Afan Valley Communty Leisure Conwany Registrab¢)n Number- 097W)5 Trustees. Annual Report for the year ended 30 Septsmber 2020 The Trustees sent iheir Report Accounts for the year ended 30 Sekxember 2020. whith also comprises the DirectNs' ReFXt qUired by Ihe Companies A¢i 20C6. Roference and administrative detsils The charlty name. The al name ofthe ch¥rty is:_ Afan Valley Communrty Leisu. The tharty is also kncy4¥n by its operab.ng name, Afan Valley ConnurMty Leisure. The charity8 are operntion and UK ¢h•thable rngistration. The charity is registered in England & Wales with the Charity Commission in England & WaS <CCEW) wrth charty number 1170763. The charity does not opere in any ovefseas jurisdictions. Legal slnKture of the chaiity The charrty ts constituted as a 0panY thnNted by 9uarantee. registered under the Companies Acts . The goveming dUment of the charity is the Memorandum and Anides of Associatiw establishing the company under company 9islalion. The goveming document is dated 27 August 2015 There are no restrictions in the goveming doujrnents on the operab.on of the Chairty C on its investsnent powers other than Ih05e irnp05ed by Charity Law. By operation of all. truslees are direc1$ under Ihe CoMpanS Aci and all direc)rs are trustees under Charities legislation and have responsibilit. 85 such. under trxjth ¢ompany and charity legislalion. The trustees are all IndidUal5. None of the trustees have any beneftral InteSt in the conyny. All of the trustees are ttbers of the coffpany arvj guarantee to contribule £5 in tlle ebent of 8 winding up.
Afan Valky Communlty Leisure Cornpany Registration Nuntsr- C67569J5 Trustees. Annual Report for the year ended 30 September 2020 The prirKipJl orwating a(Idress, lelephtyw number, email aThJ web addresses of the tharity are.'_ Afan Valley Swimming Pool School Road, Port Talbot S413 3EL Telephone". 07899 925805 Email AddSS.. afanvalleyd gmail.com Web addr. WA The Tegistered office of the chaFity for Companie5 Acl purposes is the same as the operating adt)r shtxn abobp. Scott Jones Ralph Thomas Hayley Phillips Shèila Johnson Royston Thomas L1$ Gloria Jean Parker Robert Jones WillM Arthur Garry Jones . The following pw¥t)n$ Served as Trustoes during the #Thd 30 Sepknber 2020 :. The trustees who seryed as a trustee in Ihe reportbng pericJ were as shuwn above, and Iherè w no changes during the year. or in pen.od Ltheen the year end and the approval ofthe accounts. At the Annual GeMfal Meeling the menknrs relxe as twstees, but are eligible for reappwlmenl. I the trustees we also men*ets ofth& th¥ity. Objects and activities of the charity The pry of the clk7rty as set out In Its govemlng documenL To pro1te fty the benefit of the inhabrtarits of ts Upper Afan Valbey and the surrouniling ¥ea the provision of lac1lrtS for Well1rJ. sd14mprovement. recrÈabon or othef leisure b.me o¢cupation of individuals who have need of such faul1t by reason of theif youlh. age, infity or disauemenl. rinancial hardship or $0¢01 and e¢onomi¢ tsr¢umstsnces or for the public at large in the interests of $oual welfare and with the object of irnproving the condilion of life of the said inhabitsnts, pn'marily but not excluswely thrOh the of a swimming Frfjol and associated farylibes.
Afan Valley Community Loisure C¢Jmpany Registration Number- 097&$505 Trusteas. Annual Report for the year •nded 30 September 2020 The maln 8crfvities undertaken in relation to those puwes dunng the year. The Charity has been established to subsidise the running of the Afan Valley Swimming Pc¥)I which has been transferred from the uwner5hip of Neath Port Talbol County Borough Council to Nealh Port Talbol College Group (Llandarcy Path Ltd). The purpose of the company is to raisè fun¢Js aNJ pronw)te the use of the facilty so that the F4xI remain open. The main activities undertaken during the >•ar to lurtherth• ¢harity$ purpose for the publlc b•nefiL The Charty supports a number of projects for the benefft of the inhabitants of the Upper Af Valley, some ¢ the beneffts of these prclects are detailed below. The trustees have had regard to the Charity c0$10n.S guidance on puUic benefft in managing the activities of the charity. The main achievements and perf0mnCe of th* ¢harity during the year liTrcorpornting Public 8enefit). The Chaiity raised over £86.9)) in the UK whth was us8d in support of our proieds. ¢omprisirKJ a grant from BMJ Lottery Fund awarded by The National Lottery {£64.911). This income has teen used to support the fac41iknes at Afan Valley Sw"mmin9 Pool for the use of the local and surrounding ojrnmunty. Fundraislng activit$ during th• Yr. The charity relies on grant aid from the d(Xr$ idenlified in the a¢¢¢)unts. whose support is valued. There have been other small fundraising acti that havè contr1tred funds our projects. Tho diff•rence the charitys perfornnCe during the ye•r has m•ile to thè b•nèficlaTies of the ¢harity and the degffte to whi¢h the a¢hievÈmÈnts and perfornnCe duiing the year hove b•nefft•d wkl•r society. The 8ctmb.es of the Chaty during the year ha$ enabled the Afan Valley Swimming Pool to remaMI open for the benefit of the inhabitants of the bcal, and surrounding, communrty. Witrh)ul the support of this Charity these lsure farAlitR5 wryjjd have been lost.
Afan ValY Community Lelguve Company Registration Number. 09756505 Trustees. Annual Report for the year ended 30 September 2020 Structure. govemance and management of the charity The trustees seek to appoint additional Irustees whener ness in line with the process oumines in the companls arte$. Poteniial trustee$ kxovided wilh all relevant guides from the Charity C¢Jnmission before any appointment. Bankers Solicitors Accountants TSB Bank Plc. Talt)t Streel. Maesteg. CF34 9BS Jestyn Jeffreys. Castte 8uildings. 23 Church Place. Neath, SA11 3LP Robert Cole & Co, Office 2 Llynfi Enterprise Cent. Heol Ty Gwyn Indu5tri Estste. Maesteg. CF34 OBQ Flnanclal revlew The clh7niYs financialposition at the end of Ihe yearended 30 Septeml)er 2020 The financial posibon ofthe charity at 30 September 2020 and comparatives for the prior period. as rr fully delailed in the a¢Gounts. can be summarised as follows"._ 2020 2019 Net Irrne (2,3611 unrestrted Revenue Funds aValab for the general purposes of Ihe ¢hanty 3.810 4,121 Restrided Revènue Funds 55.579 18.868 Tolal Fund5 59.389 22,789 Financial review olth• posilion at the rewtrng ¢lat•, 30 Septemljer 2020. The trustees consider Ihe financial PerfrnanCe by the charity thwing the yearto have been satisfactory and appropriate to the obiecls ofthe dnty. SpecAfic changes in fixed assets are detaId in the rntes to the Restricted reserves are maintained for expendrture. at Ihe discrelion of the trustees. on such projects that further the obJ"eciives and activi5 of the charity.
Afan Valley Communlty Leisurn Company Regtslration Number- 09756505 Trustees. Annual Report for the year ended 30 Septembor 2020 Availability and •dequacyof assets of each of the funds The board of tn¢slees is satisfied that the charilvs assets in each fund are available and 8dequate lo fulfil ils obligations in respect of each fvnd. Details of The Independent Examiner Robert Roger Cole Member ol Asscoab"on of Charte Certthed Acc4)untant$ offi 2 Llynfi Enterprise Centre Heol Ty Gwyn Industral Estsle aesleg CF34 OBQ Statement of the Directorn Trustees. R¢gpon8lbllities The ¢hariVs Iruslees a responsiWe for Ihe preparation of the accryjnts in accordance with the ternis of the CoMpanS Acl 2CI6, the Charities Act 2011 and the Charrties {Ac(xxJnts and Report51 Regulations 2008. Nohvilhstsnding the explioi reqU1ment in the exianl statutory re9ulations,Ihe Charities (Accounts and Reports) Regulation5 2008. to prepa the financial stalemenls in accordance with the SORP 2C(15. in wew of the fact Ihat the SORP 2005 has been wthdrawn. the Trustees detemined to interpret this responsibility as requiring them io follow current st pfactice and prepa the accounts atxording to the FRS 102 SORP (Statement of Recommended Practice for AcVn"rt9 and Rèwrts"ng by ChareS) 2015, las amended by the Bulletin issued in October 2018 and applicabk to all a¢e4Yffib"ng pen"r)ts teginnitvJ ¢)n cff after 1st January 2019), (The SORP), . In particukw. the Companies Ad 20[ and charity la4¥ require the Board of Trustees to prepare finanoal statements for each financial year which give a trve and fair wew of the state of affairs of the charity as at the end of the financial year and of the surplus or defirit of thè charity. In preparing Ih05e finawal stsInentS the 8oard is requice(J to:. - to prepare the accounts in accIdanC wrth United "n9(10M Generally Accepted Accounting Pfa("ee (Unrtetl Kingdfmn Acun"n9 Stsndards and applicable law). - select suitable a¢¢ounling rrt)lIcS and appty them consistently: - make judgements and estimates that are leasable prudent: - wepare the finanual statements on the going concEm basi5 unless rt is inappropriate to presume that Ihe charity will continue in business.. State whether applicab attounb.ng stsndards and ststements of recommende11 practice have been followed. subied ts any matefkgl deparlure5 dix105ed * explawl the finCial statements..
Afan Valley Community Leisure Company Registration Nufflber- 097569)5 Truslees. Annual Report for the year ended 30 September 2020 The law requires that the trustaes not appro¥E the a¢ccJnts unkss they are satisfied Ihat they give a true and fair viav of the 5te of affairs of Ihe tharity of Ihe Surplus or def11 of charty for the year. The Trustee5 are also $1M$1e for maintairmny adequa accountiry records whth dtsck)se with reasonable accuracy at any time the financial posrtton of the charity and which are suffirllent lo show and explain the tharivs transactions and enable Ihem to ensure that 1he financial statements compty with the Companies Acl 26 and cOmY wrlh regulations made under the charib.es Act. They ale also responSie for safeguardiThJ the assets ofthe ¢harity aThJ hen for takin9 [easonae steps for the preven1v and detectTr of fraud and oth8r irregulanties. The Trustees afe also responsible forthe content5 of the Trustees, rert, arKI the ststutory responstbilrty of the Independent Examiner in rdation to the Trustees, report is limited to examining the report and ensuring that, on the face of the report. there are no material w)¢0rt5l$teeS with the figures disdosed in the financial statwnents. Melhod of preparallon of accounts- Small company provisions The financial statements are sel ¢Mrt ¢)n page$ 9 to 21. The financial Statements have ten prepared implemenling the FRS 102 SORP Istalernenl of Recommended Praclice forAccx)unts"ng and Rewty"ng by Charities) 2015. las amended by the Bulletin issuèd in October 2018 and applicable to all acoyjnting perS Winning on or after 1st January 2019), (rhe SORPI. in a¢¢ordance wilh the FinJKial Reporb"ng Standard 102, leffeclivè 1st January 20161 These finan¢ial Statements have been prepared in accordance with the provisions in Part 15 d Ihe Conynies Act 2006. apph¢able to ¢(npanies subie¢t lo Ihe Small lanIeS 91. This rep)rt was approved by the board of trustees on 25 JLme 2021. Scott Jone$ Director and Trustee
Afan Valley Community Leisure eport of the Ind•p¢nd•nt Examintr to the Tnmtees ofthtr ¢h•ritsble company on the aceaunts for the year ended 30 Septber 2020 I report to the Trustees on my examination of the finantial statements ofthe tharitae company on pages 9 to 21 for the year ended 30 September 2020 whith have been prepared in a¢cordan¢e wrth the Charities Act 2011 {the Adl and with the Financial Rewrting Standard 102, {effectNe 1st January 20161 as modified by FRS 102 SORP (Statemenl of Recrynmended PractrE for A(a))unling and Reporting by Charities} 2015, las amended by the Bullth"n issued in October 2018 and applicaNe to all arrDunting periThYs beginning on or after 1st January 20191. (The SORPI. published by the Charty Commissth in England & Wales ICCEW) , and under the histo cost C4)nveniion and the accounting poliaes set out on page 14. Respective r•sponslbllltles ol the Tnt•es and th Indep•nd•nt Examiner and the basis of the report As descriW on page 5, you, 4tsitth comPanS Trustees. who are also the DilOr5 ofthe Company for the purposes of Company law, are responsible forthe preparab.on of the ffinancial Statèments in a¢cAydance vmlh the CompanEs Act 2(. the Charities Acl 2011 all ¢)ther appli¢able law and with United Kingdom Generally Accepted AccolIng Praclice. app1The to SMalr entities. and for being salisfRd Ihat tPE financial stslements gr4e a true a1 tsir view. The Trustees consider thal the audil requwement of Section 14411) of the Chaiifie5 Ac 2011 Ohe Act} does not apy. and that Ihere is no requirefflent in the memgran¢Jum ar$ of the charity for the onductirrfJ ofan audit, and that the acwJnts do not require an audit in aCdanCe with Part 16 ofthe Companies Acl 2006 and that no member or members I requested an audit pursuant to Sect)n 476 of thÈ Companies Act 20CE. As a consequewKe. the Truslees have eleced thai Ihe fin8n¢ial ststements be subject to independent examinatic. Having Sabsfied myself that the finanoal slatements are not required to be audited un(ler any le prowsion, or otheMise, and are efKJitAe for indendent examinatson. rt is my responsilitY to: a) examine the finCial statements of the ¢thanty under Section 145 of Ihe Act., b) folbw the op1¢8b in Dire¢tion$ given by the Charity Commission der sect)n 14515llbl of the A( Basis of Ind¢wnd•nt Examlnerfs Statwnentand of underlaken I report in respect of my ÈxaminatK)n ol thè chariws finanaal statements carried out under s145 of the A¢i. In carrying out my exaMinatic, I have folkw all ihe applicable Directions g¥en by the Charty Cornmisston under se 145(Sllbl ol the Ad setling out th¢ duts of an independent examiner in relats.on lo the condiJctiThJ of an ileperKIenI examination. An inderndent examinaborb includes a review ofthe accounlirrfJ CordS kept by the charitable company and ol the accounts'ng systems •mployèd by thè chawrtable company and a ¢4ynparison of ihe finanrial ststements prwntèd th thos• records. It also indudes Considerat of any unusual items or disdosures in the financial statements, 8nd seeking explanatW5 from you, as Trustees. c1j suth rnatters. purpose of the examinat¥Jn is to eStalsh as far as F¥)ssibie that the have en no breaches ofcharity k9isFation and that. on a test basis of evIdere relevant kn the amounts and disdosures made, the financial statements comFAy witti the SORP.
Alan Valley Communlty Leisure The procÈdures undertaken do rnt prowde Ihe that Wld bè required in an audit. wrfomab'on supplied ty Ihe Trustees in the cwrse of the èxamination is not subJ"ecled 10 8udit tests or enquiries and dces not cover all the matters that an auditor would cOnsef in arriving at an otinion. The planning and conduct of an audrt goes be}d Ihe limitet1 assurance that independent examination ¢an provide ConseqLtently. I do not exsxess an audit MnIon on the view given by frnanual statements. and in particar, l express no wnion as to whether Ihe finan¢ slalernents give a and tair view ol the affairs of the charity, and my report is limited to the matters set out in the statement bel(M. I planned and perfornd my examination so as to satisfy myselfthat Ihe obiecbves ofthe rndependenl examinatson a aiwe<l arxl before finall&J the report l obtained written a$$uraThS from Ihe Trustees of all rnerial matlws. Independent Examinrfs Statemen( Report and Opinion SlIe¢t to the limrtalions upon the scope of my work as detailed above. I hav• cryrweled my examination.. aThJ can confinn Ihat- The accounts oflhi5 tharitabl• comp•ry are not required lo be audited uThJer Part 16 of Ihe Companies Act 2006,. This is a report in respeci ol an examination carriet1 out under 145 of Act and in actordan¢e wth Directions given by the Charrty Commission under sectron 14515llb) of Ihe Ad whith may be applicable., and that no material matters have come to my atte1rt in connection with the examinalion givrn9 m• fAuse to believe that in any rnatèrial resped.'- aCUntirVJ records were kept in spe ofthe charity as requred by Sedim 386 of the Companies Act 20C6 and Se¢lign 130 of The Ch8nli¢$ Act 2011,. the financial statèments do not acctyd wrth those records." or the finan¢k41 ststements do not compty tr applicabk wuirements concemirwj Ihe fom content of count5 Set out in se¢tK)n of Ihe Companies A(X 2(K6 other Ihan any requirement that the accounts gNe a'true and fairf view. which is a matter corsklered as part of an independent examination- have not been prepared in ¥th Ihe rythods PFincaF4es Sel out in the FRS 102 SORP (Statement of Recrnended Prndice for AccoJftting ano Repon9 by Charities) 2015, las amended by the Bulletin ISS in Odr)ber 2018 applitsble to all accoLbnb"ng riOds beginning on or after 1st January 20191. ffhe SORP). I have no concems aThJ have c¢e acyoss other rnatt in rJY)ne¢l)n with 1he eXin&ll0n to whi attention shwtd be drawn in tlxs report in cyderto enable 8 proper derStanding ofthe fjnancial slalements to be reached. Rotért Roger Cote. IndepeThlent Exami charte Certthed Accountanls Office 2 Llynffi EnterISe Cèntre Heol Ty Gwyn Industral Est* mstg CF34 OBQ This rep)rt wa$ w9ned on 25 thjne 21r21
Afan Vall•y Community Leiwre. Statement of FI¢11 A¢bvits•#forthe ye•r •nded 30 September Stat•m•nt of Financial Acthitles {In¢ludlng the Inccffie Exwiditure Account IOT the yèar •nd•d 30 September 2020. •s v•wr•d by th? Companies Aet 20) Pory TLxI Furs Ta¢al Funds 2Mg InGome & EndoTn•nts from: Oonation$ & Legaoes CharitaNe 8c1lTrkn.es A1 782 85,911 86,69J 86.288 555 Total in¢ome n2 85.911 86.693 86.843 Expand6rn on: Raisdng fvnds Charitable 81 82 133 133 41960 49.LKXI 89.015 Total •xpgndilur• 1.093 49.000 50.093 Net income forth• ar iJt11 J6.911 Ilet Incm aft•rtran5f•r5 A4£ 36.911 36.600 12.3611 Net movement in funds 13111 36,1 R•¢¢rt¢iliion olf¥nds".- Totsl brnught 4,121 18,e68 21789 25.150 Total lunds lon¥ard 3110 $4579 59.389 22.789 The'SORP Rèf Indicated above is the dassfficabon of income S out In fcmal SORP dcojments. As required by paragraph 4.60 of SORP. the broht fclwd aTrJ carried fi)Thvard above have treen agreed to the Balan Sheei A separate Statement of Total Recognised Gains and Losses is not required as this statement indLle5 all recognistrd 9ains and losses. All acbvthes derive frorn ctinu4 The Thjtes attached on pages 14 to 21 fom an integral part of Itse
Afan Valley Communlty L•lgurn- Ststoment of Financial Acllviil•s lor th• yoar Wmled 30 S•rknmber 2020 Afan Valley Communlty Lei6ur•- An•15 ot prTror year tolal lunds. as rvqulr•d by parngraph &2 rf the SORP PrforY••r Toial Fyr• Futhjs 19 2Q19 DatiOn$ & Legacles Charitable activilies A1 86.288 555 555 Totsl inwme 8S.495 Expèndllur• on.. Raing funds Charitable ath¥ 81 8B.055 89,015 Tot•1 •xpondi1I 1.149 08.055 89.204 Incom• for th• y•ar 199 (2,WJ Transfers betrn funds N•t inctsmÈ aftertransfe (2.5601 (2.3611 Net rnovemenl in fvnds 19 12.5601 12.361} R¢¢on¢rfllon rffvryb:. Totsl funds brOughtfor 3.922 21.228 25.150 Toi•l funds tti•d forward 4.121 18.668 22.789 All activities derive from continuing O[wati$ A soparata St*¢rnent of Totsl Rs¢(¥Jnised Gains and Losses is not lewi as this staternent IudeS all recognised gains aTrJ losses., The notes attthd on pages 14 to 21 fonD an integral part ofthese accamts. 10
Afan Valley Community Leisure. Slal¢mgnt ol Financial Acti¥ib•s fortr y•ar •nded 30 September 2020 Afan Vallèy Communlty L•lsur•. R•sOu appli•d In th• y•ar •rnld 30 Septwnber 2020 tovArds fixed ass•ts for Charlty e:_ 2020 2019 Funds generated in the year as detsiled in thè SOFA 12.3611 Net resourc a¥all•ble ty fund ¢haritable ¥ti¥rlie¥ 36.600 2,361 Movements In revenue and capltal funds for the year ended 30 Septernber 2020 Rov•nuo aeeumdatsd fwds Furnh 2D Furnls 2019 AMulated funds brcwhl fowaryj Recognised gains bjsses befele transfers 18.668 22,789 24150 13111 36.911 36.600 12.3611 3.810 SS,679 21789 Claslng rov•rw fvnds 3.810 54579 59,Y89 22,719 Summary of lunds To¢•1 L•JtYear Tctsl Funds 2020 X20 2019 RevenL acojnulated thJTrJs 310 55.579 22.789 notss att¥ on r4ge$ 14 to 21 fomi 8n integral partofthese act¢n 11
Af•n Vall•y Conwnunity L•isurè- Statoment of Finanelal Activili forthe Y+ar•nd 30 September 2020 Afan Valley Cofflmunity Leisure Inc¢)m• and Expefidlture Accountforthe year¢nded 30 Sepiwnber 2020 as rwJlr•d by th• Companlgs Aet 2006 2020 2019 Itxome from operations .693 86,843 Gro88 Income In tho ywr bgfor¢ excepllcAMI liem¥ 86,693 Gross inethn• in the y•ar Incluthng •x¢•ptlonal It•m6 86,693 86.843 CharitstAe exFendrture. èxdLbJin9 dewwiabjn and nlIs8110n Fundraising costs Governance Costs 49,CO) 133 88,055 189 TrAal •xp8fLdltur• In th• y•ar 50.093 Net incyjme bef tsx in Ihe finanaal year {13611 Tax suWus on Ordin ."e$ Net income after thè finanaal ygar (13611 Relaln•d surpkn forthe finan¢iaJ y¢ar 38,600 12,361) Al ath"vities derive frryn o)nbniriThJ owations In aC£Ordan thith the Wowon5 oflhe Cgmpanies Ad 20C6. the headings and subheadings used in ihe Income and ExpeThYbture aCtInt have teen adapted to refl&* Ihe sperAal nattlre of the chantys actNI1$. note5 attathed on pages 14 to 21 an intwal part ofthese 0(. 12
Afan Valley Clxnmunlty L•lsuro- Balane• Sh8•t as at 30 Septsml)•r 2020 NLMeRef 2019 Current assets Cash at bank and in hand e4).349 23.749 Crnditorn: amounts falling due ithin one year 6 C1 19601 N•t euiY•nt ass•ts 22.789 The total rtass•ts ofthe charlty 59.389 22.789 The total rt ass•ts of the clwthy ar• fvnded lry the fvnd¥ of the charity. as foll¢)ws:. AtrIcted fund Restricted Revenue FuThJs 10 02 55,579 18.668 55.579 18.e68 UnreBtricled Funds Unrestricted Revenue Funds 10 03 3,810 4,121 3,810 4,121 DKlgnat•d Funds Total chathy fund 59.389 Th#'SORP Ref in¢kated at¢v¢ is dawficabon of Balance Sheet rtems as set out in the fomal SORP documents. As fequired by pawraph 4.60 of ihe SORP. the tKOUght fcwwd arbj ¢arriod forward fvjnds above have been agreed to ts SOFA. The threctors are satisfied that the company is enbtkd to exemption frorn the rUirement to ¢{Ma an audit uThJer sectKJn 477 of the Ccwnpanies Acl 2CKb. The membws have not required the D)mpany to obta"n aLhtht in ac£ofdance ith sec"on 476 of the The ?¢knOge their r•sFxX)sibil.•s tr complying the requirements Oft c(PleS Act 2Q)6 wilh SpeCt to aczounbng recryds the preparation of a(AJunts. Th8 tharty is subject to Inderldent ExaminatKffj ¢arity leg51abw. and the repryt ofthè Independent Examiner is on page 8. The finantsal statements have teen prtspad in the twowsions in Part 15 ofthe Companies Act 20(6. arylicable Io c4ynpanies sui4.ert to ts sfflal rmpanIeS wimè. Gloria Parker TnAstee Approved by board oftrustees on 25 JU 2tr21 The Th)tes attac on pages 14 10 21 fom in of these aOunts. 13
Afan Valley Community L•Bure Notss to th• A¢Un for thg y•ar•nded 30 S8pknbtr 2020 1 A¢¢ounliftg Wl¢l•s eas of preparation and accounting corwention Th8 accounts ha¥8 been prepared on the accruaL% basis. Ihe hl¢al cost con¥enl#)n. aTrJ in accordance with the Financ81 Reprytirrtj sttrard 102. leffectNe 1slJanuary 2016) aTrJ FRS 102 SORP (Statement of Rec0ffnded PrKtKe for Accwnting Reptyb'ng ty Charit) 2015. las amery1 the Bulin issued in October 2018 and appIable lo all accouhtry Fertc4J5 tgn1j on or after 1st January 20191. IThe sogpl. pubkshed by the Charty C0rnmrs$ in Engr & W¥85 ICCEW). elfe¢tP4e January 2016, . aTrJ In accordance1th all appltable law in the ¢hanWs jurNJictKn c4 regtstration. except that the ¢harty ha5 yepared tke an¢•I $uenwts in ¢ordan¢eilh the FRS 102 SORP IstaiwneAt of Re¢omrnen¢Jed PractKe forA¢¢oufttYvJ aThJ Reporbrwj bycharrtwl 2015. la$ •rTraed ty the Bu1. issued ITr October 2018 arJ to 41 a¢1rn9 per¥>dS tguining M orafter 1st January 20191, (The SORPI, in preleien¢e to Ihe yevpjus SORP. tre 50RP 2CQS. has been wthdrwn, nObth51#dIrvJ thfj facl th31 ext slatutory Ihe Chanks IA¢¢wnlS and Repts) ReguLqlK)n$ 2we rreWKtyto SORP 20)5. Ths has been thjrnlo frd rAJfrf best pr%ti¢ The tranaal 5talemenls are wesented ini Swity the fvnavyol oflhe tharity. MOr%ry amounts in these financial stthments are totro neawtE. Ttre tharty 3 p1 ben•fi¢•ty. Critscal accourting e5timatrS and The 9nonI a¢¢wntiNJ appSed in Ihe p¥eparab Lrfthe5efnancwl slatemerts are sel (rt in 1. These pdoe$ have been cor6tenty appld lo all we5ented unless olrse $tsted. No $9nrfi¢artIert$ h80 to be mats trustees in wepaMqthesefmn¢o1 Staints. Golng Concern The ¢haritabfe actwkne5 are enlwety dependent on eonlinving srnnt and v4lunlarydwatn5 a$ well as IradiNJ reVUes. As o ¢onsequence. the going corKm bass i% depeThJent on the f(rtU flrmf ollhese uncertain lundiNJ St#m$. Aco)rdir¥Jty. Ihe Trnstees have ¢bt8ined Icrfecasts and. after revItrrj the rinancial forecasts for futu FVK¥Js lo 31 Ccemtr 2020, Ihe Trustees are Satsd Ihat. at the t8 of approving the finartl statements, awwnate lo j1 the gn9 corKem basis in prepanrvJ the rinanckql slaemenis. Otherihan these rnatter5. Truskes ar not awarB of •y rnateri uncertainite5 aboutthe charWs abthtyto ¢or"we 85 a coKm. Nathr• of Income Gro$$ in¢ome rePThts th¥al. nel of¥alue •Jded t aThl dwrrtmts, d gocJs wtr¥Kledto and work Carried xrt ih of serv5 pr¢wwJed lo ¢t[s. Catsgorfes of Incorne Income is categorwd as i1e from exchange 58cl {¢wtrxi frrrfn r exthange tranSactnS 19rfts1. it)¥esbYnt in¢om and otheriwne. Income frtyn ¥x¢hangp transa£ons ts lec• by ts ¢hontyfor goc#ts orservtts under crtwhwe eIernt 15 sle io fvlfilj prfeman¢e knted On$. Tl m¢tyne the ¢harity recep4es approxvnoiety oual Mi vaiL to the gcojs IN Ihe Cht9 Ihe Pur¢h. In¢¢ne a nonx¢hangE transac4p)n ishere Ihe charty receNes vab* from Ihedonty provxlifig e4ual va1uE in exchatye. ifftd donaborts ol mory. g¢coJs ar wvices freety gNen' th0 equal value in exchar?. 14
"swnj ou aJE 8JByi Aq se Jo IEaddt SUJJ •410j0 Jou(S$8w Aq F@Sod j10 W gKqXrySèJ Oi spuni pèwisè "louou ajawl sKothndJwrtsyEd4s•snJL•4Aq pawew¢• p•wiswun •J¢ Meufysao .AwEV s•AQ.qo ieAj•6•4I 041P U¢WJJgP8uip asn qqE•BAE 8JB P8wisaJun pun "WaLuaiffj$ XUW 8 w W10aj aDJ gurW aui w uwis e'w•pJONo JQ y.paJ? ui ¥UE8 'PU•JEaA pawnw PUE I4npE wnrxut Popni! $1 Aq u$e? UWEq ¥UW Put useg 6uipnigUI U0111blJlSllI l¢l?utui4 "d¥OS 4 ui 8JuBF4.n6 upp u th$SaU .PQW'5othud 6uounoyJe lelu •PJ0> &SEq gBrtsJ)? ue w p39.utwaJ 81? S8lllllqE %ffjipoJJ 'sawpJ utyswd s•w.w we swni Oi WW.PW) F454) * SWaU•AOW Ml"PoJintw Ja9 ou * U90Jd Auew. pass•AaJ puE'FJuad ui4I.M UO!SIAoJd JO UO4Eiqn Aq p•stsJw 9 pue'sam4 ui saspaJ)ui Aup Foseanui * UsIOJd auL"pua Jpa &wunrx>JÈ PV•.AaJ si p.4h1'swr wi Ul WgAoJd agj 8,Un •J? uoiw&No winboj aJnyw•dx•wnvu•wio wntyJE •wJo tsjiuw ayi aJa4M'swEJ6 paiy•J 2UEUu0 6uimu.'wfyAo •wpnAsuo) we sM•w.wwo) Pwiwni 8JnwJ ubwj 6wgJv $•wy.I '"pawlS? fyqBW JO PaJnSPaW W UEJ uowcw 1 p wnowE aui pu¢'iuèwaiM•s ui winb ll1lhslw 11010 JalSilEJI E IEW upuifyayji ajow > U Ua4PA we'iu•A• istd Nns•J e $p Agxa •4WSUO) JD E UOIW Pa51.Lthw g'wnwKw•dx• we'Ay.Iiq¢ii v saaj AUE Oupnpap aJoJ•]'swJ6 p•unogJP • iv aABy $uW.pU aul p.iun p851u&JJaJ wu * jno •• ¢x ponw• * aq sU.P) pup swJ• w pak]ns owoaui "m9.mSa 9 wfyj sJawowEyS 8Lll Uawi Fennx ejp .Aw. •J aq PU# 4qBqotsJ oumu! a.81u• i¢f• sw sa¥.Iiqwi sy. u uoipnp8J tJO 818ss? sME49 éwi u! aspanu ve w SNllw w•0 J•40 Jo e uw'&sEq 4qeNaJ•J p uo Iv4osl so1¥.Npe W8UWWS W ui pèW.uf >'SLW)eswi of•Jeprn• UwJa41w'8Wu1 •uo)ui ozoz J4quoS Ot JvgA JOJ ffjunoggy $•WN aJng•i A¥iEA UEIV
Afan Valloy Community Leisure Notes to ACcolts for the y•r •nd•d 30 S•pt•mbw 2020 2 Liabilty totax•iion The Tmsle85 corsthfth the k¥ity satsfs tssts set Parngraph 1 SchJe6 01 the Ffftanc8 Acl 2010 for UK rJratJn lax purposes Accordiryty. the Charty pclenlinlty •xempt from taxatJn in respect of income or ¢aptsi wihin Categiw ¢overed by (hapter3 part 11 of COrat1 Tam Aci 2010 crt Se¢ik the Chargeab Gains ALI 1992. to the extent that sh income or gain$ are t¥du5N&¥ on Il S¢If thartatle otry.ects olthecharty and fw no olher Pue. Value AthlJ Tax is r#ovwat tythètharty. ar¥J therefore inlthjed the rvant cosls in the Stalejnert olFinanryl AdThth5. 3 Wlndlng up or dbwlutlon ¢h•rlty If on windirvJ or (thssolution Lylhe ¢hantythe ren)ain anyassets. after the sati5factwJn of 811 debls aTrJ Iiabilits, the assets eSented by ts a¢¢JmuW fvrKI shan bo transfeTrY to sorne other haritabk body or bfyl$ haymg cJe¢is ttstt tharly. 4 $lgnin¢anM rn¢la1 iiisirum¢rfs i•th• ¢tlWs posknn Th•rn are no 5ignfftant financial Ihatha¥e an effcet rl ¢hwWs posrtA)n. s R•mun•ratlon paymonts lo T and pe05 connectsd tlwi 6 Gr•dlttys: amounts 119 whin ongy•ar 2020 2019 AccruB 7 lrKomed E¥whJIre account summ 2020 2019 At 1 October 2019 SuTrlu5 afteftsx y8¥ 22.789 25,150 12.3611 At 30 Sopt•fflber 2020 59.389 8 Related porty transathns TITe %4pr8 M transac110 wilh reLqbJ Part the >V. 9 Parttyl•rs of how tlE¢1•r fvnds ¥• r•prns•rt•d ty ass•ts and Ilabllk5 At 30 S•pknb•r 2020 fundB fund Fft9 CvnIA$5ets CUeI Liabilit*S 4.710 55.579 19801 3.810 59,389 At 1 Oct<>iw 2019 fvnds funds fund$ Fun¢ts Cuffenl Assels Curtnt 5.IA1 23.749 19601 18.668 22.709 16
Afan Valley Communlty Leisure Notes to th• Accwnts the year eDded 30 Septwnber 2020 io Ch•ng• Sn total fvnds o¥•rtry8vas $In in Note g.ansed lry Indp•hJual fiJnds Fund$ IAovement TrarthY8 Funds brou9ht kn funds brtwxn In forward io 2020 20 See N(ts 11 ¢ed RevenL Furk 4.121 13111 3.810 Totsl ynrnstrl¢l¢d and d8$19natsd funds 4.121 13111 3.810 Akn Valky SiftMnir4 Pc¢l 18. 36.911 54579 Total rnstrfcled funds 18,668 36,911 $5.579 Totsi ¢hadty funds 22.789 59.389 11 An8 of mo¥•meftts in funds overth• yeara shvwn in N(4¢ 10 IXh¢r Losses in fund5 20x1 2020 2020 2020 Unieslricted Revenue F¢ts 11.0931 13111 R•$7¢1¢é funds.". Afan VafAy SimmiTrJ Pool 85,911 149.LJX)I .911 I50.3) 36,600 12 The purpogesfortlbthth IlndS TlThe furkts arE hebj otp¢tNes ofthe chanty, a1 to WDVKlv rEseNe5 fQFfvtu ¥twiF$. and. su4.ed to eharty knJi5klhyi. •free tr¢wTr use. Unre5trnled Rwenu? Fund5 Reslrfctvd fvnds... Alan Vauey Swimmiw Po UpperAfan Pc 13 Ultimat¢ ¢ontrolln# party The thanty 1% under the Contr ofis al memta5. Every mber ofll chanty i% oblbjed to corttht $u¢h •Th)uth as may be wwell nL4 ex¢eJiThJ £5to the a55ets ofthe cLMTpaDy IIE event ofits teiry up7•th l tyshe ¢ a mener. Orwit yearafter he or ttases to te a mefflt¢r 14 Oth•r infomiatton Afan Val Ccffjmunrty Letsure is a chariatle ctsnparhy Iunthy ty guarantee. an¢ Irw)? in EngkTrJ & Was. Its fegistered offK •. Alan Val*y Swinvnry Pgd. Road. Ptyl Tam. S113 3EL. 17
Afan Valley Community Leisure Detailed analysis of Income and expenditure for the ar ¢nd•d 30 Septb•r 2020 as required by the SORP 2015 Tths anatysis 1$ classsffjmdby ConvenOn.al d•s¢rAptions and notby activity. 16 DotIonS. Grnnts and L•y¢les CuryntIr CUrntY•r CUrrentr lOrY?r Unrnstiicted R•strictsd Totsl Fund8 Tolal Funds Fund8 Funds 2020 2020 2020 2019 0on•tion8 and gifts individuaJ• Srnall donations indiwdualty $$ than £1CIXJ 782 n2 1,348 Totsl dallOnS and grfts Ir¢m indr¥bJu 782 782 CuNent>•r Current year CuThent yeai Prior Year VnTr51rict•d R•stri¢led Ttrtsl Funts Tolal Fund¥ Funds Fund5 2020 2020 2020 2019 Big Lotlery FunL18warded by the Nanal Lot Nealh Port Talbot Couwl fOrvnlary ServKe 64.911 911 84,940 11.C 11.LlXI Pen y Cymoedd Wind Farm CCnty FUTh 10.C(KJ 10.000 Total PU1¢ So revenue grarrts s5.1 85,911 84.940 R•v•nuo grnnts Irom gov•mm•tht and publlc bodim. Priorywr anatys• Pii•rYer Prl•rYwr PrfQrYr FunOB Toial FM 2019 2019 2019 Prior Y¢•r 84.940 Totsl DoationS. Grtnts and Legacle8 A1 782 85.911 86.693 86388 Prlw Y•*T Fund¥ 2019 Fy 2019 2019 Totsl DO110. Granls •nd L•9a¢i A1 84.940 e8.288 18
Afan Volley Community Leisure
Dètailèd analysis of income and expendiiure for the ar ended 30 Wtember 2020 45 requirnd by the
SORP 2015
16 Ine
Afan Valley Community Leisure Detailed analysls of income and exndItUre kn thè ar ended 30 S•pl•mb•r 2020 as requir•d by th• SORP 2015 18 Expendityve on ¢h•rftsl>le acti4Tilies. Direct spend9 Cumirtyw yèw Currgrty•ar Prh)rYgar Totri Fund5 Totsl Fun¢J8 cUt Yr Fun Funds 202 2019 Alan Valkny Swirym¥19 49,1)00 88,056 Total dlrt¢t$pendithg 49.000 88,066 Pvh)rYur PriorY••r Proor Y•ai Totsl F¥nd¥ prtor Yar Funth Funds 2019 201• 2018 Alan Valley Swim9 Po 88.055 Tt)tal dIrn¢tsdig 88.0S5 8¥.05S 19 Support costs for C11 acti¥rf¥ uThwrt)Yar Currerf h•r Curntyeai Pflory UnYstrKt•d R05trictsd T0ts1 Funds T4)t•l Funds Fun¢ls Funds Cunvrf Y•ar 2020 2020 2020 2019 Prnnises Expenses Room Hire Adminlsti¥bv• owtrads Sundry expenses 14 14 Fln•n¢181Msts Bank charge5 71 Support ¢osts belw r•llocation 133 133 189 To costs of rnisng funds 11331 11331 Tokl upport Costs The basi8 ofzlkncatx of costs ben a¢tMbes desc1 underaceounlMwJ FdKie¥
Afan Valley Community Leisure Detailed analysiè of Income and exponditurg for th• ended 30 sePtnber 2020 as r•quired ty thè SORP 2015 20 Oth•r Exponditur•. Gov•rnarte eo•ts . Current >•r Cumintyar Cufftntye•r Prloryear Unr•stsi¢t•d R05trKted Tol•l Funds Totsl Funds Funds Funds Curr8rt Y 2020 2020 2020 2019 Independent ExaTh1$ fees Tot•1 Gov•man¢ costs 960 I the gynditure Ihe wh?r year was unrestiict8d. 21 Total Charitable exp•nditu cufftTrtlr Gunentyear Current year Prior Year Unrestrict•d R•slri¢t¢d Total Funds Total Funds Fund5 Fund$ 20Xt 2020 2019 Totsl direct spenL1ir¥J Tolal Govem8nce costs 49.000 88.056 960 Total charitsble expendthre 49.000 49.960 89,015 Prlor Yo•r prtirYg•r PrlorYèr uhr•6trbC R•8lN¢t•a Total Funds Fund5 Fur#J# ior Year 2019 2(119 2011 Totsl dI¢t spending Total GoVernaTh costs 88.055 88,OSS Total charilable expendilure 88,055 89.015 22 Expeftdlture t)n Alsing fvnds and ¢ost• of In¥eglMentrn•ft•g*nt Cury•nty•4r Currentye•r PriDr Year Totsi Fuhdts Total Funds Cunvnt Year Funds Fur 2020 Z02 2020 2019 Reallocated frryn $upport cosls 133 133 189 Total fun(trai8ing costs 133 133 189 I the experK1itu in the prior rWa$ unreslricled. 21