2024-04-30-accounts

From	Period start date	To	Period end date
	1 May 2023		30 April 2024

Charity name: Charity registration number: 1185787

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A. Objectives and Activities
Summary of the purposes of the The objects of the CIO are to benefit the residents of the
charity as set out in its governing
document residents, local councils and other organisations in efforts to:
(a) provide social and sporting facilities for
SORP Para 1.17 recreation and leisure time;
(b) promote community participation in healthy
recreation activities; and
(c) promote the conservation, protection and
improvement of the physical and natural
environment.
Summary of the main activities in Main activities undertaken by the Charity
relation to those purposes for the The Charity is in the early stages of its development but
public benefit, in particular, the nevertheless made grants during this period.
activities, projects or services
identified in the accounts. The Charity will continue to make grants and provide support
SORP Para 1.17, 1.19 to individuals and other local organisations to help fund and
support sporting facilities and activities and recreation
spaces, open spaces and recreation and community
activities.
of adjoining areas, may benefit. The aim of the Charity is to
ensure that this significant new housing development
becomes a thriving community.
Statement confirming whether Statutory declaration
the trustees have had regard to The Trustees have complied with their legal duty under the
the guidance issued by the Charities Act to have regard to the public benefit guidance
Charity Commission on public published by the Charity Commission.
benefit
SORP Para 1.18
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Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Policy on grant making SORP Para 1.38	The Trustees have adopted a risk-based policy on grant making.
Policy on social investment including program related investment SORP Para 1.38	The Trustees have not made any social or programme-related investments.
Contribution made by volunteers SORP Para 1.38	The Charity was not supported by any volunteers during the period.
Other	Not applicable.

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12682.119 Classification: Confidential

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B. Achievements and Performance
Summary of the main achievements of the The Charity was registered on 14 October
charity, identifying the difference the 2019.
work has made to the circumstances of its
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B. Achievements and Performance	B. Achievements and Performance
Summary of the main achievements of the charity, identifying the difference the work has made to the circumstances of its	The Charity was registered on 14 October 2019.
beneficiaries and any wider benefits to society as a whole. SORP Para 1.20	The Trustees have continued to work to establish internal processes and develop relationships for the successful operation of the Charity in the community. The Trustees have made two grants during this period: - a grant of £1,000 to Radyr and Morganstown Association for the purpose of publishing a brochure for its annual Festival; and - a grant of £1,000 to Pentrebane Zone for the purpose of supporting the December Light up Fairwater and Pentrebane event.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
Achievements against objectives set SORP Para 1.41		Not applicable
Performance of fundraising activities against objectives set SORP Para 1.41		Not applicable
Investment performance against objectives SORP Para 1.41		Not applicable
Other		Not applicable
C. Financial Review
R financial position at the end of the period SORP Para 1.21	At the end of its reporting period the Charity held £35,975 in unrestricted funds, all of which are available for the general purposes of the Charity.
Statement explaining the policy for holding reserves stating why they are held SORP Para 1.22	The Trustees have adopted a reserves policy.
Amount of reserves held SORP Para 1.22	Not applicable
Reasons for holding zero reserves SORP Para 1.22	funded by corporate donors and the donations are unrestricted. The Trustees consider that it is not necessary to hold back any unrestricted funds not committed (the be any unforeseen drop in income or funding as the donations are made in advance of the charity making its donations. The Charity does not have any expenditure or liabilities where future income is likely to fall short of anticipated costs.

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12682.119 Classification: Confidential

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The free funds vary from time to time and are dependent on a number of
factors including the number of requests for funding received and the
size of grants given. The Trustees are careful not to make donations
level of reserves will fluctuate depending on the number and size of
suitable requests received, and whether any monies have been held
back, though uncommitted, for specific donations.
As at the balance sheet date these funds amounted to £35,975 (2023:
£38,072).
Details of fund Not applicable
materially in deficit
SORP Para 1.24
Explanation of any The Trustees do not have any uncertainties about the Charity continuing
uncertainties about the as a going concern
charity continuing as a
going concern
SORP Para 1.23
Additional information (optional)
You may choose to include further statements where relevant about:
The Charity is funded by corporate donors. Property developers are
sources of funds (including
any fundraising) Charity.
SORP Para 1.47 Over the next approximately 20 years up to 7,000 households will form
sustainable community where people can learn, work, socialise, play
and lead healthy and fulfilling lives for generations to come.
Investment policy and Not applicable
objectives including any
social investment policy
adopted
SORP Para 1.46
A description of the The Charity will predominantly operate as a grant-making charity.
principal risks facing the The Trustees have identified the major risks which the Charity faces
charity and have adopted a risk-based approach to grant making to manage
those risks and have taken out suitable insurance cover.
SORP Para 1.46
The Trustees will continue to consider and review key risks which
face the Charity and how these can be managed and mitigated.
Other Not applicable
D. Structure, Governance and Management
Type of governing document Constitution based on the Charity Commission foundation
(trust deed, royal charter) model
SORP Para 1.25
How is the charity constituted? Charitable incorporated organisation
(e.g unincorporated association, CIO)
SORP Para 1.25
Trustee selection methods including Methods of appointing new charity trustees
details of any constitutional provisions
e.g. election to post or name of any
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12682.119 Classification: Confidential

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person or body entitled to appoint one Apart from the first charity trustees, new trustees must be
or more trustees appointed by a resolution of an external appointing body
comprised of representatives of the landowners.
SORP Para 1.25
defined in its Constitution
as the trustees for the time being of the St. Fagans No.1
Trust, the St. Fagans No.2 Trust and the St. Fagans No.3
Trust.
Apart from representatives of the landowners having power
to appoint trustees, there is no other link between the
Charity and the landowners. The Trustees of the Charity
understand their duties and responsibilities as trustees and
will maintain the independence of the Charity.
In selecting individuals for appointment as appointed charity
trustees, the appointing body must have regard to the skills,
knowledge and experience needed for the effective
administration of the Charity.
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for On appointment new trustees are provided with a current
the induction and training of trustees
latest Trustees' Annual Report and statement of accounts.
SORP Para 1.51
Governance
and any wider network with which the The Constitution provides for a minimum of three and a
charity works maximum of six trustees.
SORP Para 1.51 The Charity is in the relatively early stages of its
development and envisages the following structure once it
is operational and more requests for funding have been
received:
a. The Trustees plan to meet quarterly to
agree the broad strategies and areas of
activity for the Charity, including
consideration of grant making, investment,
reserves and risk management policies
and performance.
b. The day to day processing and handling of
grant requests and applications will be
delegated to a Manager,
who will provide a summary of requests
received to the Trustees at quarterly
trustee meetings where the requests will
be reviewed and decisions will be made.
Urgent requests for funding may be made
by email to the trustees.
Relationship with any related parties
SORP Para 1.51
Other Benefits/Remuneration
None of the trustees were remunerated for acting as a
trustee during the financial period.
E. Reference and Administrative details
Charity name
Other name the charity uses Not applicable
Registered charity number 1185787
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	address	c/o Richard Owen Burges Salmon LLP, 1 Glass Wharf, BRISTOL BS2 0ZX

1 2 3	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity
	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Simon Richard Owen	Trustee and Chair	Not applicable	Not applicable
	Michael Anthony Lawley	Trustee	Not applicable	Not applicable
	Nicholas David Rhys Lawley	Trustee	From 29/01/2025	Not applicable

Corporate trustees names of the directors at the date the report was approved

Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
Not applicable

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Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Not
applicable
Name and objects of the charity on whose behalf the assets are held and how this Not
falls applicable
Details of arrangements for safe custody and segregation of such assets from the Not
applicable
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Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser	Name	Address
Legal advisor	Burges Salmon LLP	One Glass Wharf, Bristol BS2 0ZX

Declarations

Signed

Signature(s) Full name(s) Simon Richard Owen Position (eg Secretary, Chair, etc)[Trustee and Chair] Date 27.2.2025

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	The Plasdŵr Community Fund Charity Name	The Plasdŵr Community Fund Charity Name	The Plasdŵr Community Fund Charity Name	The Plasdŵr Community Fund Charity Name	The Plasdŵr Community Fund Charity Name	1185787 No (if any)	1185787 No (if any)	1185787 No (if any)	CC16a
	For the period from		01-May-23 Period start date		To		30-Apr-24 Period end date
Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £		Restricted funds to the nearest £		Endowment funds to the nearest £		Total funds to the nearest £ - - - - -		Last year to the nearest £
Donation	-		-		-		-		-
Sub total	-		-		-		-		-
A2 Asset and investment sales
Not applicable	-								-
Sub total	-
Total receipts A3 Payments
									-
Grant	1,000		-		-		1,000		8,000
Grant	1,000		-		-		1,000		1,000
Bank charges	97		-		-		97		96
**Sub total **	2,097		-		-		2,097		9,096
A4 Asset and investment purchases
Not applicable	-								-
**Sub total **	-								-
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end **Cash funds this year end **
									-
	(2,097)		-		-		(2,097)		-
	-		-		-		-		-
	38,072		-		-		38,072		-
	35,975		-		-		35,975		-

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Classification: Confidential

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the h it ’ B5 Liabilities B3 Investment assets	Barclays bank account Details Total cash funds Details	Barclays bank account Details Total cash funds Details	Unrestricted funds to nearest £ 35,975 35,975 Unrestricted funds to nearest £	Unrestricted funds to nearest £ 35,975 35,975 Unrestricted funds to nearest £	Restricted funds to nearest £ - - Restricted funds to nearest £	Restricted funds to nearest £ - - Restricted funds to nearest £	Endowment funds to nearest £
							-
							-
							Endowment funds to nearest £
	Not applicable
	Details		Fund to which asset belongs		Cost (optional)		Current value (optional)
	Not applicable
	Details		Fund to which asset belongs		Cost (optional)		Current value (optional)
	Not applicable
	Signature Not applicable Details		Fund to which liability relates Amount due (optional) Print Name Simon Richard Owen, Trustee and Chair				When due (optional)
							Date of approval
			Simon Richard Owen, Trustee and Chair				27.02.2025

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Classification: Confidential