|||Pages| |---|---|---| |Trustees'
Annual
Report||2to 4| |Independent
Examiner's
Report||| |Statement of FinancialActivities||| |Summary
Income and Expenditure|Account|| |Balance Sheet||| |Notes to the Accounts||9to 14| |Detailed Statement of Financial Activities||15to 16| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for the year ended 30Septem|ber 2021||||| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|Total funds|Total funds| |||2021|2021|2021|2020| ||Notes|E|E|f|E| |Income and endowments|||||| |from:|||||| |Donations
and legacies||1,175|96,410|97,585|86,693| |Total||1,175|96,410|97,585|86,693| |Expenditure
on:|||||| |Charitable
activities|||100,000|100,000|49,000| |Other||1,043||1,043|1,093| |Total||1,043|100,000|101,043|50,093| |Net gains on investments|||||| |Net (expenditure)/income||132|(3,590)|(3,458)|36,600| |Transfers
between
funds|||||| |Net (expenditure)/income
before other gains/(losses)||132|(3,590)|(3,458)|36,600| |Other gains and losses|||||| |Net movement
in funds||132|(3,590)|(3,458)|36,600| |Reconciliation
offunds:|||||| |Total funds brought
forward||3,810|55,579|59,389|22,789| |Total funds carried forward||3,942|51,989|55,931|59,389| ||||2021|2020| |---|---|---|---|---| |||||E| |Income|||97,585|86,693| |Gross income for|the year||97,585|86,693| |Expenditure|||101,043|50,093| |Total expenditure|for the|year|101,043|50,093| |Net (expenditure)/income||before tax||| |for the year|||(3,458)|36,600| |Net (expenditure|)/income|for the year|(3,458)|36,600| ## |Afan Valley Com
Balance Sheet
at 30September|munity
Leisure
2021|munity
Leisure
2021|||| |---|---|---|---|---|---| |Company
No.|09756505||Notes|2021|2020| |Current assets|||||| |Cash at bank|and|in hand||56,891|60,349| |||||56,891|60,349| |Creditors: Amount
falling due within one year|||8|(960)|(960)| |Net current assets||||55,931|59,389| |Total assets less|current liabilities|||55,931|59,389| |Net assets excluding||pension asset or liability||55,931|59,389| |Total net assets||||55,931|59,389| |The funds ofthe|charity||||| |Restricted funds|||||| |Restricted
income||funds||51,989|55,579| |||||51,989|55,579| |Unrestricted
funds|||||| |Designated
funds||||3,942|3,810| |||||3,942|3,810| |Reserves|||||| |Totalfunds||||55,931|59,389| ## ## ## |Income|||||||||| |---|---|---|---|---|---|---|---|---|---| |Recognition||of||Income is included
in the Statement of Financial Activities
(SoFA) when the||||charity|| |income||||becomes entitled to, and virtually
certain|to receive, the income and|the|amount of||| |||||the income can be measured
with sufficient
reliability.|||||| |Income with||related||Where income has related expenditure
the income and related expenditure||||is|| |expenditure||||reported
gross in the SoFA.|||||| |Donations|and|||Voluntary
income received
by way ofgrants, donations
and gifts is included||||in|the| |legacies||||the SoFA when receivable
and
only when|the Charity has unconditional||||| |||||entitlement
to the income.|||||| |Tax reclaims||on||Income from tax reclaims
is included
in the SoFA at the same time as||the|||| |donations|and||gifts|gift/donation
to which
it relates.|||||| |Donated services||||These are only included
in income (with an equivalent
amount
in expenditure)|||||| |and facilities||||where the benefit to the Charity
is reasonably
quantifiable,
measurable|||and||| |||||material.|||||| |Volunteer|help|||The value of any volunteer
help received|is not included
in the accounts.||||| |Investment||income||This is included
in the accounts when receivable.|||||| |Gains/(losses)|||on|This includes
any gain or loss resulting
from revaluing
investments
to||market value|||| |revaluation||of|fixed|at the end ofthe year.|||||| |assets|||||||||| |Gains/(losses)|||on|This includes
any gain or loss on the sale of investments.|||||| |investment||assets|||||||| |Expenditure|||||||||| |Recognition||of||Expenditure
is recognised
on an accruals|basis. Expenditure
includes|any|VAT which||| |expenditure||||cannot be fully recovered,
and is reported|as part ofthe expenditure|to|which||it| |||||relates.|||||| |Expenditure||on||These comprise the costs associated
with|attracting
voluntary
income, fundraising||||| |raising funds||||trading costs and investment
management|costs.||||| |Expenditure||on||These comprise the costs incurred
by the|Charity
in the delivery of its|activities|||and| |charitable|activities|||services
in the furtherance
of its objects,|including
the making ofgrants||and||| |||||governance
costs.|||||| |Grants payable||||All grant expenditure
is accounted
for on|an actual paid basis plus an|accrual for|||| |||||grants that have been approved
by the trustees at the end ofthe year but not|||||yet| |||||paid.|||||| |Governance||costs||These include those costs associated
with|meeting the constitutional|and statutory|||| |||||requirements
ofthe Charity,
including
any audit/independent
examination||||fees,|| |||||costs linked to the strategic
management|ofthe Charity, together
with a share||||of| |||||other administration
costs.|||||| |Other expenditure||||These are support costs not allocated to a particular
activity.|||||| ## ## ## ## |3
Statement|of Financial|Activities - prior year|||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|| ||||funds|funds|Total funds| ||||2020||2020| |Income and endowments||from:|||| |Donations|and legacies||782|85,911|86,693| |Total|||782|85,911|86,693| |Expenditure
on:|||||| |Charitable|activities|||49,000|49,000| |Other|||1,093||1,093| |Total|||1,093|49,000|50,093| |Net income|||(311)|36,911|36,600| |Net income before other
gains/(losses)|||(311)|36,911|36,600| |Other gains and losses:|||||| |Net movement|in funds||(311)|36,911|36,600| |Reconciliation|offunds:||||| |Total funds brought forward|||4,121|18,668|22,789| |Total funds carried forward|||3,810|55,579|59,389| |No|tes tothe Accounts|tes tothe Accounts||||||||| |---|---|---|---|---|---|---|---|---|---|---| |4|Income from donations||and legacies|||||||| ||||||Unrestricted||Restricted||Total|Total| ||||||||||2021|2020| ||Big Lottery Fund awarded
The National
Lottery|||by|||79,910||79,910|64,911| ||Neath Port Talbot Covid-19|||||||||| ||Business Support Grant|||||||||| ||(2020: Neath Port Talbot||||||16,500||16,500|11,000| ||Council for Voluntary|||||||||| ||Service)|||||||||| ||Pen-y-Cymoedd
Wind|Farm||||||||| ||Community
Fund|||||||||10,000| ||Small Donations
individually
less than f1,000|||||1,175|||1,175|782| |||||||1,175|96,410||97,585|86,693| |5|Expenditure
on charitable|||activities||||||| ||||||||Restricted||Total|Total| ||||||||||2021|2020| ||Expenditure
on charitable|||||||||| ||activities|||||||||| ||Afan Valley Swimming||Pool||||100,000||100,000|49,000| ||Governance
costs|||||||||| ||||||||100,000||100,000|49,000| |6|Other expenditure|||||||||| ||||||||Unrestricted||Total|Total| ||||||||||2021|2020| ||Premises costs|||||||19|19|35| ||General administrative||costs|||||64|64|98| ||Legal and professional||costs|||||960|960|960| |||||||||1,043|1,043|1,093| |7|Staff costs|||||||||| ||No trustee or persons|connected|||with them received|any remuneration||from the charity,||| ||or any related entity.|||||||||| ||The average
monthly|number of|||full time equivalent|employees|during the year was as follows:|||| |||||||||2021||2020| ||||||||Number|||Number| ||Engaged
on charitable|||||||||| ||activities|||||||||| ## |||||||2021||2020| |---|---|---|---|---|---|---|---|---| ||Accruals|||||960||960| |||||||960||960| |9|Movement||in funds|||||| |||||||Incoming||| |||||||resources||At 30| |||||||(including
other|Resources
expended|September
2021| ||||||At 1October|gains/losses||| ||||||2020|)||| |||||||f.||| ||Restricted|funds:||||||| ||Restricted|income funds:||||||| ||Afan Valley||Swimming|Pool|55,579|96,410|(100,000)|51,989| ||Total||||55,579|96,410|(100,000)|51,989| ||Unrestricted||funds:|||||| ||Designated||funds:|||||| ||Unrestricted||Revenue|Funds|3,810|1,175|(1,043)|3,942| ||Total||||3,810|1,175|(1,043)|3,942| ||Total funds||||59,389|97,585|(101,043)|55,931| ||||Unrestricted|Restricted|| |---|---|---|---|---|---| ||||||Total| ||||funds|funds|| |||||f.|6| |Net|current|assets|3,942|51,989|55,931| ||||3,942|51,989|55,931| |Reco|ncili|ation|ofnet debt|||||| |---|---|---|---|---|---|---|---|---| |||||||||At 30| |||||At|1|October||September| |||||||2020|Cash flows|2021| ||||||||f|f| |Cash|and|cash|equivalents|||60,349|(3,458)|56,891| |||||||60,349|(3,458)|56,891| |Net|debt|||||60,349|(3,458)|56,891| |for the year ended 30|S|ep|tem|ber 2021||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted||| ||||||funds|funds|Total funds|Total funds| ||||||2021||2021|2020| ||||||E||f.|E| |Income and endowments|||from:|||||| |Donations
and legacies||||||||| |Big Lottery Fund awarded
National
Lottery|||by|The||79,910|79,910|64,911| |Neath
Port Talbot Covid-19||||||||| |Business Support Grant (2020:
Neath
Port Talbot Council for||||||16,500|16,500|11,000| |Voluntary
Service)||||||||| |Pen-y-Cymoedd
Wind|Farm|||||||10,000| |Community
Fund||||||||| |Small Donations
individually
than f1,000||||less|1,175||1,175|782| ||||||1,175|96,410|97,585|86,693| |Total income and endowments|||||1,175|96,410|97,585|86,693| |Expenditure
on:||||||||| |Charitable
activities||||||||| |Afan Valley Swimming||Pool||||100,000|100,000|49,000| |||||||100,000|100,000|49,000| |Total ofexpenditure
on
activities||charitable||||100,000|100,000|49,000| |Premises costs||||||||| |Rent|||||19||19|35| |General administrative||costs,||||||| |including
depreciation||and||||||| |amortisation||||||||| |Bank charges|||||64|||84| |Sundry expenses||||||||14| ||||||64||64|98| |Legal and professional||costs||||||| |Audit/Independent|examination||||960||960|960| |fees||||||||| ||||||960||960|960| |Total ofexpenditure
of||other||costs|1,043||1,043|1,093| |Total expenditure|||||1,043|100,000|101,043|50,093| |Net gains on investments||||||||| |Net (expenditure)/income|||||132|(3,590)|(3,458)|36,600| |Detailed Statement of Finan|cial Activities||||| |---|---|---|---|---|---| |Net (expenditure)/income
other gains/(losses)|before|132|(3,590)|(3,458)|36,600| |Other Gains|||||| |Net movement
in funds||132|(3,590)|(3,458)|36,600| |Reconciliation
offunds:|||||| |Tata I funds brought
forwa rd||3,810|55,579|59,389|22,789| |Total funds carried forward||3,942|51,989|55,931|59,389|