Draft (as updated 30 5 26)
Llani Community Centre Limited Company Limited by Guarantee Company No 10905823 Charity No 1175678
Unaudited Financial Statements Year ended 31 July 2025
Llani Community Centre Limited
Trustees' Report
for the year ended 31 July 2025
Registered number 10905823 England and Wales Charity number 1175678
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 2025.
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 (Appointed 8 August 2017) Mr G L Jones (Appointed 5 June 2019) Mr N Venti (Appointed 1 May 2020) Ms N A Griffiths (appointed 1 June 2023)
Accountants RDI Scott & Co Chartered Accountants 4a China Street Llanidloes Powys SY18 6AB
Structure, governance and management
The charity is an Incorporated Association and is registered with the Charity Commission and Companies House.
Objectives and activities
In the delivery of the charitable objects of the charity - the provision of space for leisure time occupation for the community of Llandloes, we have referred Charity Commission's general guidance on public benefit and the roles and responsibilities of trusteeship.
Llani Community Centre Ltd maintains and manages 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 the fundraising activities of local good causes and for private hires - such as childrens birthday parties. All income generated from hiring is used to pay for the upkeep and maintenance of the building, of which the Charity holds the freehold.
Llani Community Centre Limited
Trustees' Report
for the year ended 31 July 2025
Registered number 10905823 England and Wales Charity number 1175678
Objectives and activities….continued
The Charity has occasionally held fundraising events on its own account, organised by volunteers. The Charity also has the ability to raise additional income from ancillary trading arising from the running of a bar at events, the provision of refreshments and raffles etc. The trustees also apply for grant funding to renew equipment to enable the maintenance of the building.
Achievements and performance
Whislt continuing to provide spaces for hire for community activities, the primary focus in the financial year was the delivery of a programme of maintenance and refurbishment at the centre. At the close of the last financial year (July 2024) the trustees learnt that an application to the PAVO administered Rebuilding Community Foundations in Powys scheme (UK Shared Prosperity Funding) had been successful - with the works covered by the bid needing to be undertaken before the end of the calender year. The grant, which totalled £55,373, anticipated renovations to the ceiling of the maon hall of the centre, the old high suspended ceiling being removed and replaced with a new insulated suspended ceiling that lowered the ceiling height and incorporated new energy efficient integral lighting. Additional LED lighting was also installed in other parts of the centre, together with new LED stage lighting. A new dividing wall between the main hall and a side room was also constructed to better separate the two areas, replacing an antiquated concertina sliding partition to form an additional hireable meeting room space.
These works were only the beginning of a series of renovations aimed at improving the look, feel and flexibility of the centre for its users. On the completion of the works related to the PAVO grant, an additional application was made to the local Bryn Blaen Windfarm Community Fund, to renovate the flooring throughout the building and replace the curtains in the main hall. This grant request (amounting to works estimated at £47,412) was also successful, and some of the additional work was undertaken before the end of the financial year, with others still to be completed in 2025/2026.
The trustees would like to thank both PAVO and Bryn Blaen Windfarm Community Fund for their generous support to the Community Centre.
Towards the end of the financial year the trustees entered into an agreement with Trydani - a community car club - to host two electric vehicles, supported by two electric charge points at the community centre. The installation of the charge points was undertaken by Trydani, and will be primarily used in support of the operation of the car club's vehicles, but will also be available for use by centre users.
Financial review
The renovations inevitably caused disruption to users at the community centre - with periods of shut down during which the centre was unable to operate. This inevitably had an impact on the finances of the charity arising from hires, though usage rates and income are generally on the increase after the impact of Covid restrictions. The period of renovations also held back the introduction of a new pricing structure, as it was felt that hirer's needed to experience the benefits of the improvements first before a discussion on new hire rates. Improvements to the fabric of the building, it is hoped, will also encourage ore people to get involved in volounteering for the charity, creating a potential to develop fundraising events that can support the running costs and contribute to the future on-going maintenance costs of the charity while adding to the vibrancy of the leisure and social opportunities available in the area of benefit of the charity.
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Llani Community Centre Limited
Trustees' Report
for the year ended 31 July 2025
Registered number 10905823 England and Wales Charity number 1175678
Reserves Policy
The high level of reserves and restricted funds built up in past years was primarily aimed at accruing resources to undertake renovation to the roof of the centre. These reserves are being depleted due to renovations over and above those funded by grant income. Currently reserves are kept (primarily in the centres Savings account) at a lower level, to reflect the anticipated costs arising from running the hall for 6mths and whilst rebuilding a fund that can act as match funding for future grant funding applications as the trustees continue to develop the fabric of the building and replenish fixtures and fittings.
The trustees' annual report was approved on …..................... and signed on behalf of the board of trustees by:
Mr TMJ Morgan Trustee
Mr N Venti Trustee
Llani Community Centre Limited
Statement of Financial Activities for the year ended 31 July 2025
Registered No: 10905823 England and Wales Charity No: 1175678
Income and Expenditure
| Unrestricted Funds Notes £ Income Grants - Donations and legacies 5 120 Other trading activities 6 8,387 Investment income 7 405 Total Income 8,912 Expenditure Expenditure on charitable activities 8,9 12,456 Total Expenditure (12,456) Net Income/Expenditure for the Year (3,544) Fund Balances brought forward 42,291 Transfers between Funds - Fund Balances carried forward 38,747 |
Restricted Funds £ 102,785 - - - 102,785 73,135 73,135 29,650 - - 29,650 |
Total 2024 £ £ 102,785 - 120 100 8,387 6,850 405 399 111,697 7,349 85,591 11,339 (85,591) (11,339) 26,106 (3,990) 42,291 46,281 - - 68,397 42,291 |
|---|---|---|
There are no recognised gains or losses for the year other than the net income/expenditure for the year
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Llani Community Centre Limited
| Llani Community Centre Limited Statement of Financial Position for the year ended 31 July 2025 Note Fixed Assets Tangible Assets Current Assets Trade Debtors Cash at Bank Creditors:amounts falling due within one year 13 Net Current Assets Total Assets less Current Liabilities Creditors:amounts falling due after more than one year Net Assets Funds 14 |
Registered No: 10905823 England and Wales Charity No: 1175678 £ £ £ £ - - 575 680 77,120 42,916 77,695 43,596 (9,298) (1,305) 68,397 42,291 68,397 42,291 - - 68,397 42,291 68,397 42,291 2025 2024 |
Registered No: 10905823 England and Wales Charity No: 1175678 £ £ £ £ - - 575 680 77,120 42,916 77,695 43,596 (9,298) (1,305) 68,397 42,291 68,397 42,291 - - 68,397 42,291 68,397 42,291 2025 2024 |
|---|---|---|
| 42,291 - |
||
| 42,291 | ||
| 42,291 |
The charity was entitled to exemption from audit under s477 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
These financial statements were approved by the board of trustees and authorised for issue on …............... and were signed on its behalf by:
Mr T M J Morgan Trustee
Mr N Venti Trustee
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LlaniCommunity Centre Limited
Notes to the Accounts for the year ended 31 July 2025
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The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales. The address of the registered office is Llanidloes Community Centre, Mount lane, Llanidloes, Powys, SY18 6EY.
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Statement of Directors' Responsibilities
Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
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a) Select suitable accounting policies and then apply them consistently.
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b) Make judgments and estimates that are reasonable and prudent. c) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will remain in business.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Acts. 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.
3.
Accounting Policies
These accounts are presented in the format of charity accounts. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
- a) Basis of Accounting
These accounts have been prepared under the historical cost convention, in accordance with the Charities Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014, updated February 2016, and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011.
- b) Depreciation
Depreciation of tangible fixed assets is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold Property and Improvements: Fully depreciated
c) Capital Grants
Grants received towards property improvements and the purchase of tangible fixed assets are included in creditors as deferred income and released to the income and expenditure account over the expected useful lives of the relevant assets.
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Llani Community Centre Limited
Notes to the Accounts (continued) for the year ended 31 July 2025
4. Limited by guarantee
The liabilty 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 or 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
| Donations Donations Grants Grants - PAVO Grants - Brynblaen Windfarm Community Fund Donations Donations Grants Grants Other trading activities Unrestricted Funds £ General Hire 8,387 8,387 Investment income Unrestricted Funds Bank interest receivable 405 |
Unrestricted Funds £ 120 - - 120 Unrestricted Funds £ 100 - 100 Total Funds 2025 £ 8,387 8,387 Total Funds 2025 405 |
Restricted Total Funds Funds 2025 £ £ - 120 55,373 55,373 47,412 47,412 102,785 102,905 Restricted Total Funds Funds 2024 £ £ - 100 - - - 100 Unrestricted Total Funds Funds 2024 £ £ 6,850 6,850 6,850 6,850 Unrestricted Total Funds Funds 2024 399 399 |
Restricted Total Funds Funds 2025 £ £ - 120 55,373 55,373 47,412 47,412 102,785 102,905 Restricted Total Funds Funds 2024 £ £ - 100 - - - 100 Unrestricted Total Funds Funds 2024 £ £ 6,850 6,850 6,850 6,850 Unrestricted Total Funds Funds 2024 399 399 |
|---|---|---|---|
| 102,905 | |||
| Total Funds 2024 £ 100 - |
|||
| 100 | |||
| Total Funds 2024 £ 6,850 |
|||
| 6,850 | |||
| Total Funds 2024 399 |
6 Other trading activities
7 Investment income
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Llani Community Centre Limited
Notes to the Accounts (continued) for the year ended 31 July 2025
8 Expenditure on charitable activities by fund type
| Community Centre Activity Support Costs Community Centre Activity Support Costs |
Unrestricted Funds £ 11,856 600 12,456 Unrestricted Funds £ 10,739 600 11,339 |
Restricted Total Funds Funds 2025 £ £ 73,135 84,991 - 600 73,135 85,591 Restricted Total Funds Funds 2024 £ £ - 10,739 - 600 - 11,339 |
Restricted Total Funds Funds 2025 £ £ 73,135 84,991 - 600 73,135 85,591 Restricted Total Funds Funds 2024 £ £ - 10,739 - 600 - 11,339 |
|---|---|---|---|
| 85,591 | |||
| Total Funds 2024 £ 10,739 600 |
|||
| 11,339 |
9 Expenditure on charitable activities by activity type
| Community Centre Activity Governance costs |
Activities undertaken Support Total Funds Total Funds directly costs 2025 2024 £ £ £ £ 84,991 - 84,991 10,739 - 600 600 600 84,991 600 85,591 11,339 |
|---|---|
10 Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2025 | 2024 |
|---|---|
| £ | £ |
| Nil | Nil |
The average head count of employees during the year was Nil (2024: Nil).
No employee received employee benefits of more than £60,000 during the year (2024: 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.
Llani Community Centre Limited
Notes to the Accounts (continued) for the year ended 31 July 2025
12 Tangible fixed assets
| Cost At 1 August 2024 and 31 July 2025 Depreciation At 1 August 2024 and 31 July 2025 Carry Forward At 31 July 2025 At 31 July 2024 |
Freehold property £ 1 |
|---|---|
| 1 | |
| - | |
| - |
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
| Trade creditors Accruals and deferred income |
2025 £ 7,498 1,800 9,298 |
2024 £ 105 1,200 |
|---|---|---|
| 1,305 |
14 Analysis of charitable funds
| Unrestricted funds | At | At | |||
|---|---|---|---|---|---|
| 1 August 2024 | Income | Expenditure | Transfers | 31 July 2025 | |
| £ | £ | £ | £ | £ | |
| General funds | 42,291 | 8,912 | (12,456) | - | 38,747 |
| At | At | ||||
| 1 August 2023 | Income | Expenditure | Transfers | 31 July 2024 | |
| £ | £ | £ | £ | £ | |
| General funds | 46,281 | 7,349 | (11,339) | - | 42,291 |
Llani Community Centre Limited
Notes to the Accounts (continued) for the year ended 31 July 2025
14 Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 August 2024 | Income | Expenditure | Transfers | 31 July 2025 | |
| £ | £ | £ | £ | £ | |
| Restricted Fund - PAVO Rebuilding | |||||
| Community Foundations Fund | - | 55,373 | (55,273) | - | 100 |
| Restricted Fund - | |||||
| Brynblaen Windfarm | |||||
| Community Fund | - | 47,412 | (17,862) | - | 29,550 |
| - | 102,785 | (73,135) | - | 29,650 |
No restricted funds brought forward at 1 August 2023 or carried forward at 31 Jul 2024 and no movement on restricted funds during the year ended 31 July 2024.
Llani Community Centre Limited
Notes to the Accounts (continued) for the year ended 31 July 2025
15 Analysis of net assets between funds
| Unrestricted Funds £ Current assets 77,695 Creditors less than 1 year (1,918) Net assets 75,777 Unrestricted Funds £ Current assets 43,596 Creditors less than 1 year (1,305) Net assets 42,291 |
Restricted Total Funds Funds 2025 £ £ - 77,695 (7,380) (9,298) (7,380) 68,397 Restricted Total Funds Funds 2024 £ £ - 43,596 - (1,305) - 42,291 |
|---|---|
Llani Community Centre Limited
Management Information Year Ended 31 July 2025
Registered No: 10905823 England and Wales Charity No: 1175678
The following pages do not form part of the financial statements and are for management purposes.
Llani Community Centre Limited
| Llani Community Centre Limited Detailed Statement of Financial Activities Year Ended 31 July 2025 Income Donations Grants - PAVO Grants - Brynblaen Windfarm Community Fund Other trading activities General Hire Newtown Canine Society Wills Zumba Powys County Council Investment Income Bank interest receivable Total income Expenditure Expenditure on charitable activities Rates and water Light and heat Repairs and maintenance Insurance Other establishment Legal and professional fees Other office costs Bank interest Janitorial costs Total Expenditure Net (expenditure) |
Registered No: 10905823 England and Wales Charity No: 1175678 2025 2024 £ £ 120 100 55,373 - 47,412 - 102,905 100 8,387 5,465 925 165 295 8,387 6,850 405 399 111,697 7,349 1,596 1,143 3,838 4,235 75,155 1,613 3,600 3,048 162 22 824 840 416 438 - - - - 85,591 11,339 85,591 11,339 26,106 (3,990) |
Registered No: 10905823 England and Wales Charity No: 1175678 2025 2024 £ £ 120 100 55,373 - 47,412 - 102,905 100 8,387 5,465 925 165 295 8,387 6,850 405 399 111,697 7,349 1,596 1,143 3,838 4,235 75,155 1,613 3,600 3,048 162 22 824 840 416 438 - - - - 85,591 11,339 85,591 11,339 26,106 (3,990) |
|---|---|---|
| 100 | ||
| 5,465 925 165 295 |
||
| 6,850 | ||
| 399 | ||
| 7,349 | ||
| 1,143 4,235 1,613 3,048 22 840 438 - - |
||
| 11,339 | ||
| 11,339 | ||
| (3,990) |
| Llani Community Centre Limited Detailed Statement of Financial Activities Year Ended 31 July 2025 Expenditure on charitable activities Community Centre Activity Activities undertaken directly Rates and water Light and heat Repairs and maintenance Insurance Other establishment Legal and professional fees Other office costs Janitorial costs Governance costs - accountancy fees Governance costs - legal and professional fees Governance costs - bank interest Expenditure on charitable activities |
Registered No: 10905823 England and Wales Charity No: 1175678 2025 2024 £ £ 1,596 1,143 3,838 4,235 75,155 1,613 3,600 3,048 162 22 224 240 416 438 - - 84,991 10,739 600 600 - - - - 600 600 85,591 11,339 |
Registered No: 10905823 England and Wales Charity No: 1175678 2025 2024 £ £ 1,596 1,143 3,838 4,235 75,155 1,613 3,600 3,048 162 22 224 240 416 438 - - 84,991 10,739 600 600 - - - - 600 600 85,591 11,339 |
|---|---|---|
| 10,739 | ||
| 600 - - |
||
| 600 | ||
| 11,339 |