## **Trustees’ Annual Report for the period**
## **From 1[st] June 2022 Period start date To 31[st] May 2023 Period end date**
## **Charity name: Canolfan Glanhwfa Cyf**
## **Charity registration number: 1180027**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To establish and maintain a multi purpose
community centre in the town of Llangefni
and surrounding area, to provide space for
public worship and links between churches
in the town, to provide opportunities for
local groups to meet and provide services
and to strengthen contact with other
community, voluntary and charitable
movements for the benefit and
regeneration of the town of Llangefni|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|As stated in our previous annual report the
building work to adapt part of the building
as a community centre commenced in
March 2022 and continued until November
2022. Once the work was completed,
Canolfan Glanhwfa commenced its main
purpose of collaborating with key partners
to provide and deliver services o older and
vulnerable people and to continue to
provide training for children and young
people in the performing arts. The main
regular activities include a lunch club for
older people on two days, preparing fresh
food for delivery to vulnerable people, a tea
and cake afternoon to combat loneliness,
and services to supports those caring for
people living with dementia.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees believe that they have
complied with the guidance issued by the
Charity Commission on public benefit when
exercising powers or duties relevant to
guidance|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference The Trustees do not offer grants Para 1.38 Policy on grant making
Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The Trustees commenced its operations in
January 2023, once the building work had
been completed at the end of 2022. With
our partners Age Cymru (Gwynedd & Môn)
and Bwyd Da Môn successful two lunch
clubs are held weekly for older people, with
a light meal on Wednesdays and a full
roast meal on Thursdays and meals are
prepared for delivery on Tuesdays to those
vulnerable people who do not have access
to fresh food. The Trustees hold a ‘tea and
cake’ session every Tuesday aimed
primarily at combatting loneliness and
social isolation. Later in the year the Carers
Trust secured an office in the Centre and
now provide weekly events for those caring
for people living with dementia in the
community. Two local choirs meet weekly,
and this provides opportunities for social
interaction as well as preparing for musical
competitions. Many other organisations use
the Centre on an occasional basis, but
space is only offered to third sector or
charitable organisations.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|
|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|---|---|---|
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The Trustees held £63,736.41 in our
accounts at the end of the financial year.
This represented the balance of the monies
raised to complete the adaptations to our
building, and fees and rents received for
the space less the regular outgoings and
purchase of equipment for the Centre.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees keep reserves in order to
meet unforeseen expenses and to ensure
that there are funds for any maintenance or
emergency works are needed to the
building.|
|Amount of reserves held|Para 1.22|The Trustees aim to hold between £10,000
and £12,000 in reserves|
|Reasons for holding zero
reserves|Para 1.22|n/a|
|Details of fund materially in
deficit|Para 1.24|n/a|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|n/a|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||||
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Governing document-Articles dated 24th
May 2013|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Company limited by guarantee|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are nominated by persons with an
interest in the work of the Trust and elected
at the AGM or where there is a casual
vacancy by a special meeting called for the
purpose of electing new Trustees|
## **Additional information (optional)** You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|Canolfan Glanhwfa Cyf|
|---|---|
|Other name the charity uses||
|Registered charity number|1180027|
|Charity’s principal address|Capel Moreia
Ffordd Glanhwfa
Llangefni
LL77 7EN|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|---|
||Huw Goronwy
Owen|||Canolfan Glanhwfa Executive
Committee|
||Cyngor Tref
Llangefni|||Canolfan Glanhwfa Executive
Committee|
||Capel Penuel|||Canolfan Glanhwfa Executive
Committee|
||Capel Moreia|||Canolfan Glanhwfa Executive
Committee|
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
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## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets none held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
**Name of chief executive or names of senior staff members (Optional information)**
No staff during this period
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||IEUAN WYN JONES||
||
Chair||
||17/04/2024||
||17/04/2024||
## **Report of the Directors and**
**Unaudited Financial Statements for the Year Ended 31 May 2023**
## **for**
**Canolfan Glanhwfa Cyf**
**Canolfan Glanhwfa Cyf**
**Contents of the Financial Statements for the Year Ended 31 May 2023**
||**Page**|
|---|---|
|**Company Information**|1|
|**Report of the Directors**|2|
|**Income Statement**|3|
|**Balance Sheet**|4|
|**Notes to the Financial Statements**|5|
|**Report of the Accountants**|7|
|**Detailed Income and Expenditure Account**|8|
**Canolfan Glanhwfa Cyf**
## **Company Information for the Year Ended 31 May 2023**
**DIRECTORS:** Penuel Capel y Bedyddwyr Llangefni Capel Moreia Llangefni Cyngor Tref Llangefni H G Owen **SECRETARY:**
**REGISTERED OFFICE:** Capel Moreia Lon Glanhwfa Llangefni Ynys Mon LL77 7EN **REGISTERED NUMBER:** 08543722 (Wales) **ACCOUNTANTS:** W Glynne Owen & Co Limited Chartered Accountants 2 Caradog Villas Glanhwfa Road Llangefni Ynys Mon LL77 7EN
Page 1
**Canolfan Glanhwfa Cyf**
## **Report of the Directors for the Year Ended 31 May 2023**
The directors present their report with the financial statements of the company for the year ended 31 May 2023.
## **DIRECTORS**
The directors shown below have held office during the whole of the period from 1 June 2022 to the date of this report.
Penuel Capel y Bedyddwyr Llangefni Capel Moreia Llangefni Cyngor Tref Llangefni
Other changes in directors holding office are as follows:
T A Jones - resigned 24 August 2022 H G Owen - appointed 24 August 2022
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
## **ON BEHALF OF THE BOARD:**
H G Owen - Director
20 November 2023
Page 2
## **Canolfan Glanhwfa Cyf**
## **Income Statement for the Year Ended 31 May 2023**
|Notes
**TURNOVER**
Administrative expenses
**OPERATING SURPLUS**
4
Interest receivable and similar income
**SURPLUS BEFORE TAXATION**
Tax on surplus
**SURPLUS FOR THE FINANCIAL YEAR**|31.5.23
£
79,726
17,074
62,652
736
63,388
140
63,248|31.5.22
£
432,767
1,321|
|---|---|---|
|||431,446
-|
|||431,446
-|
|||431,446|
The notes form part of these financial statements
Page 3
## **Canolfan Glanhwfa Cyf (Registered number: 08543722)**
## **Balance Sheet 31 May 2023**
|Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Debtors
6
Cash at bank
**CREDITORS**
Amounts falling due within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one
year
8
**NET ASSETS**
**RESERVES**
Income and expenditure account|31.5.23
£
1,033
63,736
64,769
539|£
438,960
64,230
503,190
500
502,690
502,690
502,690|31.5.22
£
29,696
258,996
288,692
300|£
151,550
288,392|
|---|---|---|---|---|
|||||439,942
500|
|||||439,442|
|||||439,442|
|||||439,442|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
- (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by:
H G Owen - Director
The notes form part of these financial statements
Page 4
**Canolfan Glanhwfa Cyf**
**Notes to the Financial Statements for the Year Ended 31 May 2023**
## 1. **STATUTORY INFORMATION**
Canolfan Glanhwfa Cyf is a private company, limited by guarantee, registered in Wales. The company's registered number and registered office address can be found on the Company Information page.
## 2. **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Land and Buildings - 0% - Plant and Machinery - 10%
## **Taxation**
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
## **Deferred tax**
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
## 3. **EMPLOYEES AND DIRECTORS**
The average number of employees during the year was 2 (2022 - 2).
## 4. **OPERATING SURPLUS**
The operating surplus is stated after charging:
||31.5.23|31.5.22||
|---|---|---|---|
||£|£||
|Depreciation - owned assets|1,143||-|
Page 5
continued...
**Canolfan Glanhwfa Cyf**
## **Notes to the Financial Statements - continued for the Year Ended 31 May 2023**
## 5. **TANGIBLE FIXED ASSETS**
|Land and
buildings
£
**COST**
At 1 June 2022
151,550
Additions
277,117
At 31 May 2023
428,667
**DEPRECIATION**
Charge for year
-
At 31 May 2023
-
**NET BOOK VALUE**
At 31 May 2023
428,667
At 31 May 2022
151,550
6.
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
7.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
8.
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE**
**YEAR**
Other creditors
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Other loans more 5yrs non-inst|Plant and
machinery
etc
£
-
11,436
11,436
1,143
1,143
10,293
-
31.5.23
£
1,013
20
1,033
31.5.23
£
539
31.5.23
£
500
500|Totals
£
151,550
288,553|Totals
£
151,550
288,553|
|---|---|---|---|
|||440,103||
|||1,143||
|||1,143||
|||438,960||
|||151,550||
|||31.5.22
£
29,696
-
29,696
31.5.22
£
300
31.5.22
£
500
500||
||||500|
Page 6
**Canolfan Glanhwfa Cyf**
## **Report of the Accountants to the Directors of Canolfan Glanhwfa Cyf**
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2023 set out on pages three to six and you consider that the company is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
W Glynne Owen & Co Limited Chartered Accountants 2 Caradog Villas Glanhwfa Road Llangefni Ynys Mon LL77 7EN
Date: .............................................
This page does not form part of the statutory financial statements
Page 7
**Canolfan Glanhwfa Cyf**
## **Detailed Income and Expenditure Account for the Year Ended 31 May 2023**
|**Turnover**
Ticket sales
Donations and grants
Rent
**Other income**
Interest
**Expenditure**
Rates and water
Insurance
Light and heat
Telephone
Post and stationery
Advertising and design
Repairs and renewals
Sundry expenses
Hire of equipment
Professional fees
Accountancy
Depreciation of tangible fixed assets
Fixtures and fittings
**Finance costs**
Bank charges
**NET SURPLUS**|31.5.23
£
1,001
71,274
7,451
832
365
10,688
551
131
588
619
362
490
468
765
1,143|£
79,726
736
80,462
17,002
63,460
72
63,388|31.5.22
£
-
432,767
-
18
-
-
311
-
-
-
50
360
-
510
-|£
432,767
-|
|---|---|---|---|---|
|||||432,767
1,249|
|||||431,518
72|
|||||431,446|
This page does not form part of the statutory financial statements
Page 8
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