Company registration number: 09756505 Charity registration number: 1170763
**AFAN VALLEY COMMUNITY LEISURE TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025**
Robert Cole & Co Chartered Certified Accountants Office 2 Llynfi Enterprise Centre Heol Ty Gwyn Industrial Estate Maesteg CF34 0BQ
## **Afan Valley Community Leisure Contents**
||**Page**|
|---|---|
|Trustees' Report|1—4|
|Independent Examiner's Report|5|
|Statement of Financial Activities (including Income and Expenditure Account)|6|
|Comparative Statement of Financial Activities (including Income and Expenditure Account)|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9—13|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities (including Income and Expenditure Account)|14|
## **Afan Valley Community Leisure Company No. 09756505 Trustees' Report For The Year Ended 30 September 2025**
The trustees present their report and the financial statements for the year ended 30 September 2025.
## **Objectives and Activities**
## **Aims and Objectives**
The objects for which the charity is established, as set out in its governing document, are: To promote for the benefit of the inhabitants of the Upper Afan Valley and the surrounding area the provision of facilities for wellbeing, self-improvement, recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants, primarily but not exclusively through the provision of a swimming pool and associated facilities.
## **Significant Activities**
The main activities undertaken in relation to those purposes during the year: The Charity has been established to subsidise the running of the Afan Valley Swimming Pool which has been transferred from the ownership of Neath Port Talbot County Borough Council to Neath Port Talbot College Group (Llandarcy Park Ltd). The purpose of the company is to raise funds and promote the use of the facility so that the pool can remain open.
## **Public Benefit**
The main activities undertaken to further the charity's purposes for the public benefit: The Charity supports a number of projects for the benefit of the inhabitants of the Upper Afan Valley, and some of the benefits of these projects are detailed below.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
## **Achievements and Performance**
## **Main Achievements**
The Charity raised over £164,000 in the UK which was used in support of our projects. The activities of the Charity during the year has enabled the Afan Valley Swimming Pool to remain open for the benefit of the inhabitants of the local, and surrounding, community. Without the support of this Charity these leisure facilities would have been lost.
## **Financial Review**
## **Financial Position**
The trustees consider the financial performance by the charity during the year to have been satisfactory and appropriate to the objects of the charity.
## **Reserves Policy**
Restricted reserves are maintained for expenditure, at the discretion of the trustees, on such projects that further the objectives and activities of the charity.
Page 1
## **Afan Valley Community Leisure Trustees' Report (continued) For The Year Ended 30 September 2025**
## **Structure, Governance and Management**
## **Governing Document**
The charity is constituted as a company limited by guarantee, registered under the Companies Acts. The governing document of the charity is the Memorandum & Articles of Association establishing the company under company legislation. The governing document is dated 27 August 2015, and there are no restrictions therein on the operation of the charity or on its borrowing powers other than those imposed by law.
## **Trustee Selection Methods**
The trustees seek to appoint additional trustees whenever necessary in line with the process outlines in the company's articles. Potential trustees are provided with all relevant guides from the Charity Commission before any appointment. The trustees are all individuals and no trustee has any beneficial interest in the charity.
## **Reference and Administrative Details**
## **Trustees**
Mrs N E Davies S M Johnson R Jones W A Jones Mr R T Lewis G J Parker Ms H Robinson Mr S Jones
## **Charity Number**
1170763
## **Company Number**
09756505
## **Principal Address**
Cymmer Swimming Pool School Road Port Talbot Neath Port Talbot SA13 3EL
## **Registered Office**
Cymmer Swimming Pool School Road Port Talbot Neath Port Talbot SA13 3EL
Page 2
## **Afan Valley Community Leisure Trustees' Report (continued) For The Year Ended 30 September 2025**
## **Independent Examiner**
Robert Roger Cole - Association of Chartered Certified Accountants Robert Cole & Co Chartered Certified Accountants Office 2 Llynfi Enterprise Centre Heol Ty Gwyn Industrial Estate Maesteg CF34 0BQ
## **Bankers**
TSB Bank Plc Talbot Street Maesteg CF34 9BS
## **Solicitors**
Jestyn Jenkins Castle Buildings 23 Church Place Neath SA11 3LP
Page 3
## **Afan Valley Community Leisure Trustees' Report (continued) For The Year Ended 30 September 2025**
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Afan Valley Community Leisure for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Ms H Robinson
Trustee 25 June 2026
Page 4
## **Afan Valley Community Leisure Independent Examiner's Report to the Trustees of Afan Valley Community Leisure For The Year Ended 30 September 2025**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Robert Roger Cole - Association of Chartered Certified Accountants
25 June 2026 Office 2 Llynfi Enterprise Centre Heol Ty Gwyn Industrial Estate Maesteg CF34 0BQ
Page 5
## **Afan Valley Community Leisure Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
**EXPENDITURE ON:**
Charitable activities
**4**
**NET (EXPENDITURE)/INCOME**
Transfers between funds
**9**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**9**|**Unrestricted**
**funds**
**£**
2,198|**Restricted**
**funds**
**£**
162,710|**2025**
**Total**
**funds**
**£**
164,908|**2024**
**Total**
**funds**
**£**
120,300|
|---|---|---|---|---|
||(1,084)|(222,710)|(223,794)|(61,097)|
||1,114
(3,300)|(60,000)
3,300|(58,886)
-|59,203
-|
||(2,186)
4,782|(56,700)
56,700|(58,886)
61,482|59,203
2,279|
||2,596|-|2,596|61,482|
The notes on pages 9 to 13 form part of these financial statements.
Page 6
## **Afan Valley Community Leisure Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
**EXPENDITURE ON:**
Charitable activities
**4**
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**9**|**Unrestricted**
**funds**
**£**
3,600|**Restricted**
**funds**
**£**
116,700|**2024**
**Total**
**funds**
**£**
120,300|
|---|---|---|---|
||(1,097)|(60,000)|(61,097)|
||2,503|56,700|59,203|
||2,503
2,279|56,700
-|59,203
2,279|
||4,782|56,700|61,482|
The notes on pages 9 to 13 form part of these financial statements.
Page 7
## **Afan Valley Community Leisure Balance Sheet As At 30 September 2025**
|**Notes**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**8**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**9**|**Unrestricted**
**funds**
**£**
3,556|**Restricted**
**funds**
**£**
-|**2025**
**Total**
**funds**
**£**
3,556|**2024**
**Total**
**funds**
**£**
62,442|
|---|---|---|---|---|
||3,556
(960)|-
-|3,556
(960)|62,442
(960)|
||2,596|-|2,596|61,482|
||2,596|-|2,596|61,482|
||2,596|-|2,596|61,482|
||||-
2,596|56,700
4,782|
||||2,596|61,482|
For the year ending 30 September 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
G J Parker
Trustee 25 June 2026
The notes on pages 9 to 13 form part of these financial statements.
Page 8
## **Afan Valley Community Leisure Notes to the Financial Statements For The Year Ended 30 September 2025**
## 1. **General Information**
Afan Valley Community Leisure is a company limited by guarantee, incorporated in England & Wales, registered number 09756505 and registered charity number 1170763. The registered office is Cymmer Swimming Pool, School Road, Port Talbot, Neath Port Talbot, SA13 3EL.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
The financial statements are presented in Sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.
## 2.2. **Going Concern Disclosure**
The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charitable company's ability to continue as a going concern.
## 2.3. **Significant judgements and estimations**
The significant accounting policies applied in the application of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. No significant judgements have had to be made by the trustees in preparing these financial statements.
## 2.4. **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.
Restricted funds are to be used for specific purposes as laid down by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 9
## **Afan Valley Community Leisure Notes to the Financial Statements (continued) For The Year Ended 30 September 2025**
## 2.5. **Incoming Resources**
Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Where income has related expenditure the income and related expenditure is reported gross in the SoFA.
Voluntary income received by way of grants, donations and gifts is included in the the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.
Donated services and facilities are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.
The value of any volunteer help received is not included in the accounts.
Investment income is included in the accounts when receivable.
## 2.6. **Resources Expended**
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on raising funds comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.
Expenditure on charitable activities comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs.
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 of the year but not yet paid.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
## 2.7. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 2.8. **Financial Instruments**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## 2.9. **Taxation**
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
Page 10
## **Afan Valley Community Leisure Notes to the Financial Statements (continued) For The Year Ended 30 September 2025**
## 3. **Income from Donations and Legacies**
|3.
**Income from Donations and Legacies**|||||
|---|---|---|---|---|
|**2025**
**2024**
**Unrestricted**
**Restricted**
**Total**
**Total**
**funds**
**funds**
**funds**
**funds**
**£**
**£**
**£**
**£**
Donations and gifts
2,198
-
2,198
3,600
Grants
-
162,710
162,710
116,700
2,198
162,710
164,908
120,300
The following donations and legacies are included within the total income from donations and legacies above:
**2025**
**2024**
**Unrestricted**
**funds**
**£**
**Total**
**funds**
**£**
Small donations individuallt less than £1,000
2,198
3,600
The following grants are included within the total income from donations and legacies above:
**2025**
**2024**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
Pen Y Cymoedd Windfarm Community Fund
68,000
60,000
Neath Port Talbot UK Shared Prosperity Fund
94,710
51,700
Neath Port Talbot Council for Voluntary Service
-
5,000
162,710
116,700
4.
**Analysis of Expenditure**
**2025**
**Activities**
**undertaken**
**directly**
**Support**
**costs**
(see note 5)
**Total**
**£**
**£**
**£**
Afan Valley Swimming Pool
222,710
1,084
223,794
**2024**
**Activities**
**undertaken**
**directly**
**Support**
**costs**
(see note 5)
**Total**
**£**
**£**
**£**
Afan Valley Swimming Pool
60,000
1,097
61,097|**Unrestricted**
**funds**
**£**
2,198
-|**Restricted**
**funds**
**£**
-
162,710|**2025**
**Total**
**funds**
**£**
2,198
162,710|**2024**
**Total**
**funds**
**£**
3,600
116,700|
||2,198|162,710|164,908|120,300|
|||||**2024**
**Total**
**funds**
**£**
60,000
51,700
5,000|
||||162,710|116,700|
||||**Support**
**costs**
(see note 5)
**£**
1,084|**2025**
**Total**
**£**
223,794|
|||**Activities**
**undertaken**
**directly**
**£**
60,000|**Support**
**costs**
(see note 5)
**£**
1,097|**2024**
**Total**
**£**
61,097|
Page 11
## **Afan Valley Community Leisure Notes to the Financial Statements (continued) For The Year Ended 30 September 2025**
|5.
**Support Costs**
General administration
Governance costs
Premises expenses
General administration
Governance costs
6.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
7.
**Average Number of Employees**
Average number of employees during the year was: NIL (2024: NIL)
8.
**Creditors: Amounts Falling Due Within One Year**
Accruals and deferred income|**2025**
**£**
1,004
**2025**
**£**
960|**2025**
**Afan Valley**
**Swimming**
**Pool**
**£**
80
1,004|
|---|---|---|
|||1,084|
|||**2024**
**Afan Valley**
**Swimming**
**Pool**
**£**
26
98
973|
|||1,097|
|||**2024**
**£**
973|
|||**2024**
**£**
960|
Page 12
## **Afan Valley Community Leisure Notes to the Financial Statements (continued) For The Year Ended 30 September 2025**
## 9. **Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Afan Valley Swimming Pool
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Afan Valley Swimming Pool
**Total funds**|**As at 1**
**October**
**2024**
**£**
4,782
56,700|**Income**
**£**
2,198
162,710|**Expenditure**
**£**
(1,084)
(222,710)|**Transfers**
**£**
(3,300)
3,300|**As at 30**
**September**
**2025**
**£**
2,596
-|
|---|---|---|---|---|---|
||61,482|164,908|(223,794)|-|2,596|
|||**As at 1**
**October**
**2023**
**£**
2,279
-|**Income**
**£**
3,600
116,700|**Expenditure**
**£**
(1,097)
(60,000)|**As at 30**
**September**
**2024**
**£**
4,782
56,700|
|||2,279|120,300|(61,097)|61,482|
## 10. **Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
## 11. **Related Party Disclosures**
There have been no related party transactions in the reporting period that require disclosure.
## 12. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £5.
Page 13
## **Afan Valley Community Leisure Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
Grants
**EXPENDITURE ON:**
**Charitable Activities:**
**Afan Valley Swimming Pool**
Support and administration costs
Rent
Printing, postage and stationery
Bank charges
Independent examiner's fees
**NET (EXPENDITURE)/INCOME**|**2025**
**Total**
**funds**
**£**
2,198
162,710|**2024**
**Total**
**funds**
**£**
3,600
116,700|
|---|---|---|
||164,908|120,300|
||164,908
(222,710)
-
(19)
(61)
(1,004)|120,300
(60,000)
(26)
(20)
(78)
(973)|
||(223,794)|(61,097)|
||(223,794)|(61,097)|
||(58,886)|59,203|
Page 14