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2021-03-31-accounts

CONTENTS: PAGE
Legal and Administrative Details
Trustees
Report
Trustees Responsibilities
Report of the Independent Examiner
Statement
of Financial
Activities (SOFA)
Balance Sheet
Notes to the Accounts 7-9
Legal and Administrative Details
1 APRIL 2020 -31 March 2021
Status: Organisation
established
as a company
limited by guarantee on
8 Marchs 2018. A Registered
Charity established
by
constitution/articles
of association.
Charity Number: 1183513
Address: Fernhill
Mountain
Ash
Rhondda
Cynon Taf
CF45 3EL
Charity Objectives: (I) to promote for the benefit ofthe inhabitants of Cynon Valley
without
distinction
ofsex, sexual
orientation, race or of political,
religious
or other opinions,
by associating
together the said
inhabitants
and the local authorities,
voluntary and other
organisations
in a common
effort
to advance education and to
provide facilities
in the interests
of social welfare for recreation
and other leisure time occupations with the objects of improving
the conditions
of life ofthe said
inhabitants; and (ii) to establish or
secure the establishment
ofa community
centre and to maintain
and manage the same (whether alone or in co-operation with any
local authority
or person or body)
in furtherance ofthese objects.
Trustees: ~
ANDREW MORGAN
~
ANTHONY
DAMIAN TROW
~
DAVID VICTOR ANTHONY
B.SC.(ECON), F.M.A.A.T.
~
ANNE MARIE DAVIES
Honorary Officers: ~
ANDREW MORGAN
Chair
Secretary
~
DAVID VICTOR ANTHONY
Treasurer
Accountants: Accountants
Plus Limited
Chartered
Accountants
The Enterprise
Centre
Llwynypia
Road
Tonypandy
Rhondda
Cynon Taff
CF40 2ET
Bankers: HSBC UK
127-128High Street
Merthyr
Tydfil
CF47 8DN

INCOME AND EX PEN DITU RE
Restricted Unrestricted Total 2020
INCOMING
RESOURCES
Donations 1,846
Rental Income 19,286 19,286 20,290
Grants 20,000 20,000
Sales 4,558
Total Incoming Resources 39,286 39,286 26,694
Resources Expended (note 2)
Direct Charitable Expenditure
Cost ofSales 2,573
Entertainment 4,524
Donations 1,057
Premises costs 11,329 11,329 14,833
11,329 11,329 22,987
Other Expenditure
Admin Services 514 514 415
Depreciation 297 297 297
Accountancy
Charges
240 240 360
1„051 1,051 1,072
Total Resources Expenditure 12,380 12,380 24,059
Net Incoming/(Outgoing) Resources for 26,906 26,906 f2,635
Period
Funds as at 1 APRIL 2020 f.5,597
Net Movement in Funds F26,906
Funds as at 31 March 2021 F32,503

Total Resour
Expenditure
ces
Maintaining Management & Total 2020
Charity Activity Administration
Cost ofSales 2,573
Entertainment 4,524
Donations 1,057
Premises costs 11,329 11,329 14,833
Admin Services 514 514 415
Depreciation 297 297 297
Accountancy Charges 240 240 360
11,329 1,051 12,380 24,059

Fixtures
Depreciating
Assets
& Fittings Total
Cost
At 1 APRIL 2020 1,483 1,483
Additions
in Period
Disposals
in Period
At 31 March 2021 1,483 1,483
Depreciation
At 1 APRIL 2020 406 406
Charge for Year 297 297
Write-off on disposals
At 31 March 2021 703 703
Net Book Value
As at 31 March 2021 780 780
As at 1 APRIL 2020 1,077 1,077
Note 4 —Liabilities
2021 2020
Creditors
and Accruals
275 360
Note 5 —Restricted Funds
There were no restricted funds received in the year.