2020-07-31-accounts

COMPANY REGISTRATION NUMBER: 10905823

CHARITY REGISTRATION NUMBER: 1175678

Llani Community Centre Limited Company Limited by Guarantee Unaudited Financial Statements 31 July 2020

FRANCIS GRAY CHARTERED ACCOUNTANTS

Chartered accountants Ty Madog 32 Queens Road Aberystwyth Ceredigion SY23 2HN

Llani Community Centre Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 July 2020

	Page
Trustees' annual report (incorporating the director's report)	1
Chartered accountant's report to the board of trustees on the
preparation of the unaudited statutory financial statements	4
Statement of financial activities (including income and
expenditure account)	5
Statement of financial position	6
Statement of cash flows	7
Notes to the financial statements	8
The following pages do not form part of the financial statements
Detailed statement of financial activities	17
Notes to the detailed statement of financial activities	19

Llani Community Centre Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 July 2020

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2020.

Reference and administrative details

Registered charity name Llani Community Centre Limited Charity registration number 1175678 Company registration number 10905823 Principal office and registered Llanidloes Community Centre office Mount Lane Llanidloes Powys SY18 6EY The trustees Mr T M J Morgan Mr R J Beale Mr D C Utting Dr D C Williams Mr C M Browning (Resigned 1 May 2020) Ms R J Jones Mr N Venti (Appointed 1 May 2020) Mr G L Jones Accountants Francis Gray Chartered Accountants Chartered accountants Ty Madog 32 Queens Road Aberystwyth Ceredigion SY23 2HN

Structure, governance and management

The Charity is an incorporated Association and is registered with the Charity Commission and Companies House.

- 1 -

Llani Community Centre Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 July 2020

Objectives and activities

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

Llani Community Centre Ltd was established to maintain and manage the Community Centre in Llanidloes for the benefit of the people of Llanidloes and the surrounding area. The Charity hires out the hall to local community organisations for meetings, clubs and fundraising events, as well as providing a function room and meeting areas available for private hire. All income generated from hiring is used to pay for the upkeep and maintenance of the building, of which the Charity holds the freehold.

The Charity also holds fundraising events on its own account, organised by volunteers. Some income is also secured from ancillary trading arising from the running of a bar at events, the provision of refreshments and raffles, etc.

Achievements and performance

The roof continues to be of major concern and efforts continue to acquire money necessary to replace it and undertake other planned renovations to the building that will provide additional storage for regular users of the hall and an accessible main entrance. Accumulated funds for this has come from a number of local donors and fund raising events, such as a concert by Treorchy Male Voice Choir which was hosted in October 2019, and which offered the opportunity for local musicians to perform alongside the choir. Hopes of accessing funds from the Community Benefit Fund of a local windfarm have yet to be realised, but this remains an option in the future. Money received for this purpose in previous years from the Landfill Tax Credit scheme had to be spent during the course of the year due to the de-registering of all Welsh Environmental Bodies ahead of the launch of a new Welsh Landfill Grant scheme. This money has been used instead on replacing and insulating the leaking flat roof over the Bailey Room and the entrance area to the Centre, and on improvements to external areas of building that provide additional off road car parking and renovate the degraded retaining wall bordering Mount Lane.

The Community Centre was closed by order of the Welsh Government at the end of March as part of its emergency response to the Corona Virus pandemic. By the end of the centre's financial year the social distancing regulations that restrict the number of people who can meet inside and the limitations imposed on holding certain types of events and activities, have prevented the centre from reopening. The final four months of the financial year therefore saw the drying up of all income to the Community Centre from hirers. Thankfully the centre was able to benefit from an emergency Business Rates Grant provided by Welsh Government, and administered by the local authority.

The Community Centre would like to thank its regular uses for their continued support during the year. These include the Llanidloes Brownies and Guides, Gym Club, Newtown and District Canine Society, and the members of the Jive and Zumba club.

We remain indebted to the work of Steven Gray, who undertook a number of small but significant repairs to the building arising from wear and tear.

The trustees would also like to thank Mike Browning, who retired this year from the trustee board, where he performed the role of Treasurer of the charity. Mike continues to offer his voluntary support in a hands-on manner, which we hope he will continue post Covid.

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Llani Community Centre Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 July 2020

Financial review

The trustees seek to ensure that the running of the hall should be self-financing through hire charges. This year, we have requested, but have yet to receive payment of the grant from Llanidloes Town Council. In the past, this grant has helped us to defray costs so that hire charges can be affordable to as many local user groups as possible. In the light of reduced income from hire during the Covid 19 pandemic and the potential loss of grant income from the Town Council in future years, combined with the ever-rising cost of gas, electricity and insurance, it is difficult to say whether the current level of hire charges can be retained.

The change in the way the landfill tax credit scheme works in Wales, which now prevents us from building up funds from the local landfill operator as in past years, combined with the failure of the anticipated assistance from the Llangurig windfarm, necessities a rethink in where funds might come from to finance the replacement of the community centre's roof. The restrictions imposed by the Corona Virus have prevented us from undertaking the wide spread consultation on new uses for the centre that will be required if we are to secure sufficient capital fund from grant funding sources, such as the National Lottery. However, the trustees are determined to try going down this route in the near future in order to secure the future of the building for the continued benefit of the people of Llanidloes and District post Covid 19.

Reserves Policy

The Trustees are endeavouring to maintain free reserves during the current pandemic, being mindful of the necessity to have sufficient resources to meet further potentially significant repair and improvement costs in the future. It is hoped that the withdrawal of Town Council support for the community centre will be temporary and that we can win the argument for the continuation of funding raised from Llanidloes rate payers in future years.

The trustees' annual report was approved on 18 February 2021 and signed on behalf of the board of trustees by:

Mr T M J Morgan Trustee

Mr N Venti Trustee

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Llani Community Centre Limited

Company Limited by Guarantee

Chartered Accountant's Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of Llani Community Centre Limited

Year ended 31 July 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Llani Community Centre Limited for the year ended 31 July 2020, which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes from the charity's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the board of trustees of Llani Community Centre Limited, as a body, in accordance with the terms of our engagement letter dated 17 October 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Llani Community Centre Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Llani Community Centre Limited and its board of trustees, as a body, for our work or for this report.

It is your duty to ensure that Llani Community Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Llani Community Centre Limited. You consider that Llani Community Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Llani Community Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

FRANCIS GRAY CHARTERED ACCOUNTANTS Chartered accountants

Ty Madog 32 Queens Road Aberystwyth Ceredigion SY23 2HN

18 February 2021

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Llani Community Centre Limited

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 July 2020

			2020		2019
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	5	25,116	370	25,486	7,702
Other trading activities	6	10,569	–	10,569	9,514
Investment income	7	57	56	113	112
					
Total income		35,742	426	36,168	17,328
					
Expenditure
Expenditure on charitable activities	8,9	10,099	68,490	78,589	13,307
					
Total expenditure		10,099	68,490	78,589	13,307
					
					
Net (expenditure)/income and net
movement in funds		25,643	(68,064)	(42,421)	4,021
					
Reconciliation of funds
Total funds brought forward		31,112	86,517	117,629	113,608
					
Total funds carried forward		56,755	18,453	75,208	117,629
					

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 15 form part of these financial statements.

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Llani Community Centre Limited

Company Limited by Guarantee

Statement of Financial Position

31 July 2020

		2020	2019
	Note	£	£
Current assets
Cash at bank and in hand		75,808	118,229
Creditors: amounts falling due within one year	13	600	600
			
Net current assets		75,208	117,629
			
Total assets less current liabilities		75,208	117,629
			
Net assets		75,208	117,629
			
Funds of the charity
Restricted funds		18,453	86,517
Unrestricted funds		56,755	31,112
			
Total charity funds	14	75,208 	117,629 

For the year ending 31 July 2020 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 18 February 2021, and are signed on behalf of the board by:

Mr T M J Morgan Trustee

Mr N Venti Trustee

The notes on pages 8 to 15 form part of these financial statements.

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Llani Community Centre Limited

Company Limited by Guarantee

Statement of Cash Flows

Year ended 31 July 2020

	2020	2019
	£	£
Cash flows from operating activities
Net (expenditure)/income	(42,421)	4,021
Adjustments for:
Other interest receivable and similar income	(113)	(112)
		
Cash generated from operations	(42,534)	3,909
Interest received	113	112
		
Net cash (used in)/from operating activities	(42,421)	4,021
		
Net (decrease)/increase in cash and cash equivalents	(42,421)	4,021
Cash and cash equivalents at beginning of year	118,229	114,208
		
Cash and cash equivalents at end of year	75,808 	118,229 

The notes on pages 8 to 15 form part of these financial statements.

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Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 July 2020

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in and a registered charity in England and Wales. The address of the registered office is Llanidloes Community Centre, Mount Lane, Llanidloes, Powys, SY18 6EY.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2020

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• legacy income is recognised when receipt is probable and entitlement is established.

• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

• income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

• expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.

• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

• other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2020

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property - Fully depreciated

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

4. Limited by guarantee

The liability of the members is limited to a sum not exceeding £10, being the amount that each member undertake to contribute to the assets of the charity in the event of its being wound up while he, she or it is a member or within one year after he, she of it ceases to be a member, for; 1) payment of the charity's debt and liabilities incurred before he, she or it ceased to be a member; 2) payment of the costs, charges and expenses of winding up.

5. Donations and legacies

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	£	£	£
Donations
Donations for roof fund	–	30	30
Donations	116	–	116

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Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2020

5. Donations and legacies (continued)

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	£	£	£
Grants
Grants -Llanidloes Town Council	–	–	–
Grants - Charities Trust	–	–	–
Grants - Powys County Council	25,000	–	25,000
Grants receivable - Co-op LCF	–	340	340
			
	25,116	370	25,486
			
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2019
	£	£	£
Donations
Donations for roof fund	–	702	702
Donations	–	–	–
Grants
Grants -Llanidloes Town Council	–	5,000	5,000
Grants - Charities Trust	–	2,000	2,000
Grants - Powys County Council	–	–	–
Grants receivable - Co-op LCF	–	–	–
			
	–	7,702	7,702
			

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Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2020

6. Other trading activities

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2020	Funds	2019
	£	£	£	£
Fundraising events	3,859	3,859	100	100
General Hire	780	780	655	655
Brownies	720	720	1,114	1,114
Gym Club	900	900	2,300	2,300
Velindre NHS Trust	160	160	160	160
weight Watchers	225	225	1,125	1,125
Newtown Canine Society	140	140	1,155	1,155
Tattoo Convention	400	400	–	–
Addict Dance	–	–	210	210
Gardening Club	–	–	100	100
Bunk House	–	–	100	100
Stack 4	–	–	60	60
Llydiartywaen Young Farmers	–	–	610	610
Bex tumbling	–	–	170	170
Wills Zumba	390	390	380	380
Luv 2 Jive	820	820	480	480
Sportsmans Lunch	–	–	320	320
Great Oak Foods	–	–	325	325
Ladies day	–	–	150	150
Rhayader Players	475	475	–	–
XR Llanidloes	50	50	–	–
Up Hill Down Dale	370	370	–	–
Hustings	265	265	–	–
Dog Show	275	275	–	–
Spinners & Dyers	120	120	–	–
Boxing	100	100	–	–
Powys County Council	520	520	–	–
				
	10,569	10,569	9,514	9,514
				

7. Investment income

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	£	£	£
Bank interest receivable	57	56	113
			
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2019
	£	£	£
Bank interest receivable	57	55	112
			

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Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2020

8. Expenditure on charitable activities by fund type

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	£	£	£
Community Centre Activity	9,498	68,490	77,988
Support costs	601	–	601
			
	10,099	68,490	78,589
			
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2019
	£	£	£
Community Centre Activity	9,961	2,747	12,708
Support costs	599	–	599
			
	10,560	2,747	13,307
			

9. Expenditure on charitable activities by activity type

	Activities
	undertaken		Total funds	Total fund
	directly Support costs		2020	2019
	£	£	£	£
Community Centre Activity	77,988	–	77,988	12,708
Governance costs	–	601	601	599
				
	77,988	601	78,589	13,307
				

10. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2020	2019
£	£

The average head count of employees during the year was Nil (2019: Nil).

No employee received employee benefits of more than £60,000 during the year (2019: Nil).

11. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

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Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2020

12. Tangible fixed assets

	Freehold
	property
	£
Cost
At 1 August 2019 and 31 July 2020	1
	
Depreciation
At 1 August 2019 and 31 July 2020	1
	
Carrying amount
At 31 July 2020	–
	
At 31 July 2019	– 

The freehold of the Community Centre was transferred to the Charity when it was set up from Llanidloes Town Council at nil cost. Accordingly no value has been attributed to the freehold in the accounts. The Trustees are satisfied that this treatment meets the criteria of FRS 102 to show the property at cost, and no further depreciation in the financial statements is necessary.

13. Creditors: amounts falling due within one year

		2020	2019
		£	£
	Accruals and deferred income	600	600
			
14.	Analysis of charitable funds
	Unrestricted funds

Unrestricted funds
		At			At
	1	August 2019	Income	Expenditure	31 July 2020
		£	£	£	£
General funds		31,112	35,742	(10,099)	56,755
					
		At			At
	1	August 2018	Income	Expenditure	31 July 2019
		£	£	£	£
General funds		32,101 	9,571 	(10,560) 	31,112 

The purpose of the fund is to maintain and manage the Community Centre in Llanidloes for the benefit of the people of Llanidloes and the surrounding area.

- 14 -

Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2020

14. Analysis of charitable funds (continued)

Restricted funds

Restricted funds
		At			At
	1	August 2019	Income	Expenditure	31 July 2020
		£	£	£	£
Restricted Fund - Roof Fund		86,517	426	(68,490)	18,453
					
		At			At
	1	August 2018	Income	Expenditure	31 July 2019
		£	£	£	£
Restricted Fund - Roof Fund		81,507	7,757	(2,747)	86,517
					

The Roof Repair Fund has been designated a Restricted Fund by the Trustees and its purpose is to repair the roof of the Community Centre which is becoming increasingly dilapidated. The balance on the fund is reflected by the balance on the Yorkshire Building Society bank account set up solely for this purpose.

The Repairs to Community Centre and Renewable Technologies Fund's purpose is to undertake repairs to the Community Centre and the fitting of Energy Efficient and Renewable Energy Technologies.

Further significant future funding will be needed to fund, in particular, replacement of the roof.

15. Analysis of net assets between funds

		Unrestricted	Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
			£	£	£
	Current assets		57,355	18,453	75,808
	Creditors less than 1 year		(600)	–	(600)
					
	Net assets		56,755	18,453	75,208
					
		Unrestricted		Restricted	Total Funds
			Funds	Funds	2019
			£	£	£
	Current assets		31,712	86,517	118,229
	Creditors less than 1 year		(600)	–	(600)
					
	Net assets		31,112	86,517	117,629
					
16.	Analysis of changes in net debt
					At
		At	1 Aug 2019	Cash flows	31 Jul 2020
			£	£	£
	Cash at bank and in hand		118,229 	(42,421) 	75,808 

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Llani Community Centre Limited

Company Limited by Guarantee

Management Information Year ended 31 July 2020

The following pages do not form part of the financial statements.

- 16 -

Llani Community Centre Limited

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 July 2020

	2020	2019
	£	£
Income and endowments
Donations and legacies
Donations for roof fund	30	702
Donations	116	–
Grants -Llanidloes Town Council	–	5,000
Grants - Charities Trust	–	2,000
Grants - Powys County Council	25,000	–
Grants receivable - Co-op LCF	340	–
		
	25,486	7,702
		
Other trading activities
Fundraising events	3,859	100
General Hire	780	655
Brownies	720	1,114
Gym Club	900	2,300
Velindre NHS Trust	160	160
weight Watchers	225	1,125
Newtown Canine Society	140	1,155
Tattoo Convention	400	–
Addict Dance	–	210
Gardening Club	–	100
Bunk House	–	100
Stack 4	–	60
Llydiartywaen Young Farmers	–	610
Bex tumbling	–	170
Wills Zumba	390	380
Luv 2 Jive	820	480
Sportsmans Lunch	–	320
Great Oak Foods	–	325
Ladies day	–	150
Rhayader Players	475	–
XR Llanidloes	50	–
Up Hill Down Dale	370	–
Hustings	265	–
Dog Show	275	–
Spinners & Dyers	120	–
Boxing	100	–
Powys County Council	520	–
		
	10,569	9,514
		
Investment income
Bank interest receivable	113	112
		
		
Total income	36,168	17,328
		

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Llani Community Centre Limited

Company Limited by Guarantee

Detailed Statement of Financial Activities (continued)

Year ended 31 July 2020

	2020	2019
	£	£
Expenditure
Expenditure on charitable activities
Rates and water	711	1,384
Light and heat	2,808	4,328
Repairs and maintenance	70,045	4,480
Insurance	1,908	1,482
Other establishment	1,700	–
Legal and professional fees	1,041	1,449
Other office costs	13	13
Janitorial Costs	363	171
		
	78,589	13,307
		
		
Total expenditure	78,589	13,307
		
		
Net (expenditure)/income	(42,421) 	4,021 

- 18 -

Llani Community Centre Limited

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 July 2020

	2020	2019
	£	£
Expenditure on charitable activities
Community Centre Activity
Activities undertaken directly
Direct charitable activity - rates & water	711	1,384
Direct charitable activity - light & heat	2,808	4,328
Direct charitable activity - repairs & maintenance	70,045	4,480
Direct charitable activity - insurance	1,908	1,482
Direct charitable activity 1 - other establishment	1,700	–
Direct charitable activity - legal and professional fees	440	850
Direct charitable activity - other office costs	13	13
Direct charitable activity - Jantorial costs	363	171
		
	77,988	12,708
		
Governance costs
Governance costs - accountancy fees	601	599
		
		
Expenditure on charitable activities	78,589 	13,307 

- 19 -