2023-03-31-accounts

			Page
Trustees'	report		1-5
Statement	oftrustees'	responsibilities
Independent examiner's report
Statement	offinancial	activities
Balance sheet
Notes to	the financial	statements	10-25

Charity number		1181770
Principal office		Cilfynydd Community		Centre
		Howell Street
		Pontypddd
		CF374NR
Trustees		Suzanne Spooner
		Elizabeth Comissiong
		Peter Bevan
		Helen Jones
		Mark Pont
Key management	personnel	Katie Hadley (Manager)
		Emma Haines	(Admin	and Finance Manager)
Independentexaminers		Azets Audit Services
		Ty Derw
		Lime Tree Court
		Cardiff Gate Business		Park
		Cardiff
		CF23 8AB
Bankers		Santander
		Fraternal Parade
		Pontypridd
		CF374UH
		HSBC
		92ATaif Street
		Pontypridd
		CF37 4UH

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
		Notes	E	E	E	E	E	E
Iggftmafmm;
Donations and
legacies			6,419		6,419	90	370	460
Charitable activities			2,854	117,429	120,283	7,269	69,255	76,524
Other trading
activities					79	95		95
Total income			9,352	117,429	126,781	7,454	69,625	77,079
Ettgeel~l~rn:
Raising funds			12		12	861		861
Charitable activities		7	15,301	57,645	72,946	9,301	32,516	41,817
Total expenditure			15,313	57,645	72,958	10,162	32,516	42,678
Net (outgoing)/incoming
resources before
transfers			(5,961)	59,784	53,823	(2,708)	37,109	34,401
Gross transfers
between funds			83,734	(83,734)
Net income/(expenditure)
for the year/
Net movement	in funds		77,773	(23,950)	53,823	(2,708)	37,109	34,401
Fund balances at 1April
2022			3,818	66,200	70,018	6,526	29,091	35,617
Fund balances	at	31
March 2023			81,591	42,250	123,841	3,818	66,200	70,018

				2023		2022
			Notes	8
Fixed assets
Tangible assets			12		92,497		259
Current assets
Cash at bank and in		hand		49,381		79,103
Creditom:	amounts	falling due within
one year			13	(10,564)
Net current	assets				38,817		79,103
Total assets less current liabilities					131,314		79,362
Creditors:	amounts	falling due after
more than	one year		14		(7,473)		(9,344)
Net assets					123,841		70,018
Income funds
Restricted	funds		17		42,250		66,200
Unrestricted	funds
Designated	funds		18	92,497
General unrestricted		funds		(10,906)		3,818
					81,591		3,818
					123,841		70,018

			Unrestricted	Unrestricted	Restricted	Total
			funds	funds	funds
			2023	2022	2022	2022
			6		6
Donations	and	gifts	6,419	90	370	460

					2023	2022
					6	8
Toddlers income					1,544	3,223
Pantry income					1,310	2,525
Sundry income						1,521
Grants					117,429	69,255
					120,283	76,524
Analysis by fund
Unrestricted funds					2,854	7,269
Restricted funds					117,429	69,255
					120,283	76,524
Grants
Purple Shoots					8,989
The Arnold Clark Community			Fund		1,000
Bute Energy					2,500
Community Foundation		Wales			2,000
National Grid Our Community			Matters		2,276
WCVA					10,161	7,475
Comic Relief					8,500
Rhondda Cynon Taf	County Borough Council				26,492	10,696
People's Postcode Lottery						19,926
The Rank Foundation					3,700
Interlink RCT					1,000	474
Moondance Foundation					12,199	10,000
UnLtd						5,000
1910Trust						5,000
Trivallis Community	Investment			Fund		1,000
The National Lottery	Community			Fund	38,612	9,684
					117,429	69,255

Unrestricted	Unrestricted
funds	funds
2023	2022
8	6
79

						Unrestricted	Unrestricted
						funds	funds
						2023	2022
						6	8
				blici
	Event expenses					12	861
						12
7	Charitable		activities
						2023	2022
						8	6
	Staff costs					20,322
	Depreciation		and impairment			193	209
	Advertising,		marketing		and PPS	2,421	22
	Legal and	professional			fees	288
	Other staff and volunteer costs					733	99
	Premises	and office		expenses		7,874	10,958
	Project expenses					35,621	28,604
	Sundry					245	739
						67,697	40,631
	Share ofsupport costs				(see note 8)	2,116	300
	Share ofgovernance			costs (see note 8)		3,133	886
						72,946	41,817
	Analysis	by fund
	Unrestricted		funds			15,301	9,301
	Restricted	funds				57,645	32,516
						72,946	41,817

8	Support	costs	costs
				Support	Governance	2023	Support	Governance	2022
				costs	costs		costs	costs
				5	5	f		E
	Staff costs			1,070		1,070
	Bank charges			632		632	300		300
	Premises	and	oflice
	costs			414		414
	Accountancy		and
	bookkeeping		fees		1,459	1,459		886	886
	Independent		examination
	fees				1,674	1,674
				2,116	3,133	5,249	300	886	1,186
	Analysed	between
	Charitable	activities		2,116	3,133	5,249	300	886	1,186

The average	monthly number ofemployees during th	e year was;
		2023	2022
		Number	Number
Employment	costs	2023	2022
		8	6
Wages and salaries		21,024
Other pension costs		368
		21,392

12	Tangible fix	ed asset	s
			Asaels under	Plant and	Computers	Total
			construction	equipment
			6	6
	Cost
	At 1 April 2022				474	474
	Additions		90,357	2,074		92,431
	At 31 March	2023	90,357	2,074	474	92,905
	Depreciation	and impairment
	At 1 April 2022				215	215
	Depreciation	charged	in the year	35	158	193
	At 31 March	2023		35	373	408
	Carrying amount
	At 31 March	2023	90,357	2,039	101	92,497
	At 31 March	2022			259	259
13	Creditors: amounts		falling due within one year
					2023	2022
				Notes	6	6
	Loans			15	1,871
	Trade creditors				956
	Other creditors				6,063
	Accrusls				1,674
					10,564
14	Creditors: amounts		falling due after more than one year
					2023	2022
				Notes	6	6
	Loans			15	7,473	9,344

Loans and ov	erdrafts
			2023	2022
			6	6
Other loans			9,344	9,344
Payable within	one year		1,871
Payable after one year			7,473	9,344
A loan amount	of89,344 was received during 2020/21 from WCVA with interest payable after 24 months at a
rate of3%.The charity made their first loan payment		in April 2023. Monthly	loan repayments are F190.22.

			0 cl 0	Ol 0 N			N		IA O	O O IA	CO Ifl ID		CD I IA		CO O COO CO IA	00 I IA	CO R CO O	N O COO CII N	N O COO CII N				g	CO				OO O	Cl O
			IC
			Cl
			CO	g
			c						IA		CO CO N					I If) I I	O O Q CO	r CO C9 CI						NN CO
																IA
			I
		e'0	00		CI CI IA		CO N		CO CO CD		N 0! O			O ' O ' Cl CD Ifl IA CO I QOOIA Ccr							CI CI CI	N		e N	ID O	OI cl 0 Cl	O o Q c-	O Q ID	CA cc! 0!
		E'Omc 0 E05 0 0 c 5					O ID N		O CI IA	'	CD CD M		CD I Ifl	888-R IA O IA N Ccr											t- O CD co Cb OCI		O 0 0	O O 00 IA O NN
			0 g c0 0 CO	CC CC O 'c a C	OQO				O O O Q	O 0 IA					!DO O p) IA	CDOIAO'ON Q NO NOOc-CD e o o N o 0!I co								Q Ifl
		e C ~	Cl 7l 0 ly Lc 0 a 5 0 0 a" Cl														OO O	CO O		Q				OI CI Ol	I
		C
		e E e	e0 c 0 cE 050		O CI		CD OI CD		O O OQ						O R	CD 4 0!	O C! O T	CD 0!		CI CI Ct r-oo CO O O IA			'	IA r I
		R
O UJDZI-Z0 O tOI-Z			0 Cl 0 c0 0	N O N ' a		40 eE E CA		'000 U.		QO IA	IL CD	I- 0		E0 0	O ' IA	'	'	IA N	O O N	'	'	'	O CA	CD ID lo CI
UJ UJ	Pv V					EC 00		0 C		0 L	E E C C BB			0C	C IO Qe			e 'p
40 OZ Z IUZI-0 I tO UJ	0 CI ILI C				Vl O Ol	OI 20 IXI 000 C0C0 0		5 0 0 CD 0 0 0 m L 0 C 0 C c IL	0 P e z	5 0 0 CA 0 0 0 m C 0 C 0 '0 C c IL'	F 0 0 ID 0 0 C 0 C 0 C! '0 C0	F O 0 CD 0 0 m C 0 C 0 m C0	500 CD 00 m 0C0 0!~ C05cE U IL'0		0 OI m e 0 e 0 I—e O ao e 0 C!00 0e D. m vl ceeo. al O 0 IO e Co 0		C o mc IL e C0 m 00 2	0L CL L 5 E E O e o o m Z	0C5 c O 'O 0 c 0 «L	m eaa C«e O L IO e c I-	DC U e E Me C C E E00e mc«c I- 2		e$ 0 ~ CI'E U P—0 000			C CL EE0 8— m o O 0 CAeac D. I- OI C UI e ID			e C0 m'0L 0 Q S E E0 0
I0Z	0

			OV	OC ttl	O O I CO	O Ih Ctt										C 5	5 N0o.
																OC
		C0o															Cg 5
																Ol 5	gl oC
																CO" Cl o.E 0 ILC
																Ol
			IO	Co
			O	O												'5
			Ctl	IO													og
																ID C5	glol tt!
			Co og Og	O O to CD	O O I O)			CO ID								C ID E5 IO5 co	55C IDQ					O5 CL COL5
						CIO CCI		IDC IOL0 '5'5 C0								ID I— IO IO 8 5 I!						'5 CEor
																OL	IO					o
								C Cl'0								OlLB ID	IO O0 E'					L0 0 IO
								LEO									Cl					3
Ci iU 'D ZI-Z0 O ChI-Z lU IU 40 0 Z lUZI-0 I CO IU	04 40 Q 0 Ul	Ol'0 C	5 Cl C E E o Q '0 'L G Cl 0 Cl Z	o tgD C «0 5 IL erC tg O E gl or O I-			IO5 E I0 0 CL 0 Cl. N E tg 8 C IL 09 O Cl CL tg5 ClC 52e I- &, O ttl 0!0		lg'0'0 C0 Cg ~0 C IL 0 I E Ol Cg 00 ,'0 I 0c 5 oo E r Po ol 5 a I0 0 Ig om « ID CO 0r 0 5 c 5 o to		0 4lZ'o e 0 Ol 0 IC CL 0 Cl a o o 8 r eL ol L oe 0 I Ol N C 0 O gl O 0 «5 41 C IO 0 0 C 5 DI O o5« OO Vl C 0C CO r co IL LL		0C 0o ol 0 0 CI5, 0 o « e C 0 IO'0 C 0 rL	Ol 5 E' '5 c I 41 CD C to C IL	C05 C5 5 CO O Cf r C ID CL Co IL~ to S a. 0 0 I- co 0o CD '55 0 e I lg CI c DI E C 5 oa « lg LL C. 0 5 5 a o 0 '5 '5 c 5 0 m IO.'CO		00 C0 C5 E5 Cl IO o. 4!o tg ID CCI 0 Ol 9 CL O '0 C Ol e e ol Ctt C 0 0 CC O Ol C 5E 0 E Ol' Cl	CCO Ol 0. Ol Ol C 5 5 ID gl IO 5 co ID 0 5 o IO 10 C Cl	Cl C Cl C5 E5 IO CO CQ gl I-«0 CD c c ~E '6 Cl 0L2 N OZ Ol 0 C 0 .— 0 O zrr Ol C aa 0 m '0L C 0«5 I I- C ID N Cl c E o E0 IL O		ON N O5 5o. Ol gl C Clg« IO 0 ' O O g LE or uo IDtl c 0 0 Ol o 5 r ID Ol Ol Cl 0+ 0 m «0 0 I— «o 0 M O.E «5 ol C C0r o e IO Ol N C C 0 E
I0Z	0

		4lc							Be
		c0O		0 8					0 N Qlce					IC0 O.
				(D0 O					mO. O					0 t(0 J3
				c					E					Cf
				Cl 0 Cl In Cl				5 0 Ct N ID	Cl Ie00 ID		N O. m 4l I-			Oc Cl e 10
				Ol L Cl Cl Clc D0 eE 0e0 'O		a Cl(0 nl L0E tti		ce ln 00 10 0e O ClO IDO. lne Zl ClN (4 0	ID tn in0 0 0e 0 N 'U Cl ln '0L O ID		D E IL0 0 N 0 N 0 4l cnc I ID 00 I ID'0c Ct			Le?I L Cl 00 O 0 (0 Le E CL CT Cl L Cl 0 Y Cl						Cl Cl e 0! L'c 'O 'U Cl 4= Cl m NL0
Ci ICC ZI-Z0 O NI-Z Ill UJ CCi 0Z Z CUZI-0 i CCI LUI-0Z	Ctn 0 Q Q CLi 0	In IDc»'0 Cl0 I N	in (40ci IC (4 In t( (ti0 nl c0 (D 0c ID c0E (D (4 ID CI eo ct em4! O. I »0 Ol O c		N 0 CL IC ClN 0 0 ID'0 D0 Ct (4 (D N? lnc 'O L IL 0c $ E a itl (D Cl 4! cn0 (D»e 0 e t ~C o O E Qo		N00 c td e Ct I IL	(4 E0 c tn E0 E E E0O 0 Olc O. 5 '8c (4 '0c IL ID E N Cl e m ) c 0 C O	0 Cl0 h. O. In ICEe 0 O ClO. Cle I- ClO 0 c DtIL c I0 E (nc OU O 0 e ~ c Ol e o'U O CD E 0 ut E (4 IC m yN emo c? E	5 Cl O. O. N ClEe N0Z O ClO. E Cl0 0 'Oc OlE 1Dc Ol Cl I E em (C c N Cd I—		N m g c 0 m 'U 0 IL Dt E E 0 O	In 0 e0 Cl &0 ct O (0 (tt» 0 NL 44 'L 0 p m m (II	ID0 Ct 0 nl0 E ID Cl(9 'O Cl 'Oc O (4 O ci (0 0 E ot 0 Ct c 0 0 eO c m m o 4l N 5E9 CL In c Ed!0 EOR 0O&Y »md0 0.= o 0 g (n-i C Y0 m ( 0 Ct c Cl —E o Cl 0 m Z O IL	Cl 4l IL' 0 E 0 O	tti 'U0 (tt 0 Ye 0 O. (0 E IL 0 Ct0 ot c 'U 5 IL	c ID E N m III Cl 08 00 c0 m 0c Cl e cg .E N m'0c 0 0 IL c Y— e c0 P- O		Cl 0? 0 NE Ct Cl CL ClO 0 Cl 0 Cl Cl Olc 'O N Cl»0c Cl E ee Ko » m 4! I- CL' E e

			Movement
			in funds
			Incoming	Balance at	Resources	Transfers	Balance at
			msoulces	1April 2022	expended		31March 2023
			6	E	9	f:	9
Fixed	asset	fund			(193)	92,690	92,497
					(193)	92,690	92,497