AFC Llwydcoed Charity No. 1183841 Trustee's Report and Unaudited Accounts 31 May 2024
AFC Ll dcoed Contents Trustee's Annual Report Pages 2 to 3 Independent Examiner's Report Receipts and Payments Balance Sheet Notes to the Accounts Movement of Accounts
AFC Ll dcoed Trustees Annual Report The Trustee, who is also a director of the charity for the purposes of the Companies Acl 2006, pSentS their report with the unaudited financial statements of Ihe charity for the period ended 31 May 2024. REFERENCE AND ADMINISTRATIVE DETAILS Charty No. 1183841 Constitutional Form cio Prin¢ipal Office The Welfare Ground Merthyr Road Llwydcoed Aberdare CF44 OUT Regislered Office The Welfare Ground Merthyr Road Ldc0ed Aberdare CF44 OUT Director and Trustee The Director of the charitable company are its Trustee for the purposes of chartty law. The followng Director and Trustee served during the year. David Evans Tudor Bevan Jenkins Director of Corporat• Trustees David Evans Independent Reviewer Allyson Grrffiths AIIG Consultsncy Ltd 15 Litt Wind St.. Aberdare RCT CF44 7EU
Trustees Annual Report OBJECTIVES AND ACTivrriES The purpose of the charity is to promole MMunity participation in healthy recreation and provide a safe and happy environment in which children and adults can play football. The main activities undertaken in relalion lo those purposes are lo plan fcN)Iball events and training sessions. Both of these engaging ath"wlies following the foundation phase of leaming to ensure every child is given the opportunty to explore and investigate through a wide range of activities lIst leaming through play. It is also a priority to promote other charitable purposes that will be detemiined may from tirne to time and the trustees are aware of the benefits to the community based on the guidance from the Charity Commission. AFC Ll dcoed Trustees Annual Re ACHIEVEMENTS AND PERFORMANCE The AFC ldC0ed provides an important part in the community. It provides a safe environment for children and adults a to play football and encourages community involvement frlyn participants. Works are being undertaken on a new football pitd). further details below, and there is a plan lo work in partnership with ihe Ial schwl to nStruCt a Multi Use Games area (MUGA} in the grounds of the club siie. The work on the new pitch is due to be completed by Summer 2025 in lime for the new season FINANCWL REVIEW During the year Lotto continued to be our main source of InMe The Club made a small rKofit in 2023124 and the club f¢x)tball piich was out of use from February 2024 due to work being undertaken on a new prtch in accordance with regulations in respect of pitch size. Extemal funding has been secured to finance the construction of the new pitch and £45k of the grant has been recetved in advance of making contract paymenls. This furKling is included in the Restricted Reserve balance to be used in 2024125 financial year. STRUCTURE, GOVERNANCE AND MANAGEMENT AFC Llwydcoed is a registered charty. The registration number is 1183841 and was registered on 11 June 2019. The nature of the goveming document is constitution. the trustees are appointed during our annual AGM and the charity is committee run and voluntary. The Trustees a sponsible for keeping proper accounting records thal disck)se with reasonable accuracy at any time the financial position of the charily to enable them to ensure that the financial statements comply the Charities Act 2011 and AFC Llywdcoed's conslitution. DECLARATION The Trustees approve this Trustees, report and financaal statement on 4th March 2025 and signed on its behaw by: loir e Jones Trustee
AFC Ll dcoed Independent Examinerfs Report I rewrt to Ihe trustees on my examination of the accounts of the AFC Llwydcoed for the year ended 31$1 May 2024 As the charity's Irustees, you are responsible for the preparation of the accounts in accordance with ihe requirements of the Charities Ad 2011 (Ihe Act-). I report in respect of my examinalion of the Trust's aco)unts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 14515)Ib) of the Act. I have completed my examination. I nfIrM that no material matters have come to my attention in connedion with Ihe examinalion which gives me cause to believe that in. any material respec1= the accounting COrdS We not kept in accordance with section 130 of the Charities Act: or the accounts did not ac(x)rd vAlh the accounting records.. or the accounts did nol comply wilh the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounts and RepJrts) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the aco)unts to be reached. IG.03 Allyson Griffiths AIIG Consultancy Ltd 15 Little Wind St Aberdare CF44 7EU
st Receipts & Payments accounts for the Year ended 31 May 2024 May 2024 May 2023 Total Funds Total Funds Unrestricted Funds Restricted Funds Receipts Donations & Legacies Charitable Activities Other Tradin8 Activities Other Total Receipts 14.658 6,795 145.972 160,630 6,795 18,365 8,446 47.830 69,283 47,830 215,255 45,408 72,219 145,972 Payments Raising Funds Charitable Activities Other Total Payments 347 46.052 21.064 67,463 347 1 147.132 21,064 1 168,243 1,339 48,384 25,768 75,491 100.780 100,7801 Net Income 1.820 47,012 (3,272) Balance BIF Balance CIF 5.668 5,668 52,680 8,940 5,668 45.192 Statement of Assets & Liabilities at 31" May 2024 May 2024 Total Fund5 May 2023 Total Funds Unrestricted Funds Restritted Funds Assets Cash at Bank 7.738 45,192 52.930 5,968 Liabilities Independent review 250 250 300 Net Assets 45.192 52,680 5,668
Nole3 to the accounts for the year ended: 31st May 2024 1. Basls of accounts The Trustees have taken advantage of section 144 (21 of the Charities Act 2011 and prepared the accoun15 on a ripts and payments basis. 2. Funds analysis Unrestricted funds Unreslricted funds are fijnds that can be used in accordance wtth the objects of the charity at the discretion of the trustees. Restricted Funds Restricted funds are subject to specffjc CJ1110ns by donors as to how they can be used. Oetails of the funds held that are not spent are detailed below= MOVEMENT OF FUNDS Brought Forward Receipts Payments Carried Forward Restrfcted Funds Pen moedd S Drts Wales Unrèstrictèd Funds 126.884 19.088 69.283 100,780 26.104 19.088 7.188 67,763 TOTAL 215.255 168.243 52.680 Pen y Cymoedd Wind Farn7.' This funding was received in 2023-24 to fund the works lo be undertaken on the new football pitch. Sports Wales . This funding was received in 2023-24 to fund the works to be undertaken on the new football pitch_