**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.
-2-
## **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
-3-
## **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
-4-
## **LlaniCommunity Centre Limited**
## **Notes to the Accounts** _**for the year ended 31 July 2025**_
1. 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.
2. **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:
- a) Select suitable accounting policies and then apply them consistently.
- 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.
-5-
## **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**
-6-
## **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|