## **Cronfa JK Trustee Annual Report**
The board of trustees of Cronfa JK present their annual report and audited accounts for the year ended May 31st 2025 and confirm they comply with the requirements of the Charities Act 2011.
## **Our Aim**
Our aim is to provide grant funding for individuals, who are ineligible to qualify for grant funding from any other funding stream towards training, within the Anglesey and Gwynedd area.
Along with external partners and training providers, individuals are encouraged to apply for funding to help with training to develop their access to employment or even improve their chances of employment
## **Our Objectives**
Our objectives reflect our settings aims and ethos. It is important to us to provide funding for those who really need the support. Funding is usually a major stumbling block for individuals to gain access to further training
## **Finances**
The financial statements show gross incoming for the year for the setting as £1,000.00
The principal source of income is John Kelly Construction Services Ltd (Corporate Funding) who are currently funding the charity as a corporate funder.
Number of grants provided = 2
Range of grant values = between £100-£250
Total Value of grants = £560.00
As a charity, we are unable to reclaim VAT input tax on our costs as we are exempt for VAT purposes. Therefore all invoices paid to Training Providers include VAT.
As shown on the accounts a deficit of £95.00 was made for the year ending May 2024 with a closing cash funds balance of £467.40. The deficit was incurred due to reduced corporate funding from JKCS, in addition to reduced requests for funding from individuals. Bank balance at beginning of period was at £562.40.
## **Conclusion**
The board of trustees are currently happy with the financial status of Cronfa JK, and have been reviewing the awarding processes for future grants awards.
No change has been made to the current procedures.
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Cronfa JK 1190225
Receipts and payments accounts CC16a
For the period
01/06/2024 To 31/05/2025
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Commerical Donations (JKCS) 500 - - 500 1,000
Funeral Donations - - -
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 500 1,000
AR) [ 500 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 500 - - 500 1,000
A3 Payments
Training Providers 560 - - 560 510
Bank Charges 35 - - 35 45
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 595 ] - - 595 555
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments [ 595 ] - - 595 555
Net of receipts/(payments) - 95 - - - 95 445
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end - 95 - - - 95 445
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CCXX R1 accounts (SS)
15/05/2026
1
## **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
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**
CCXX R2 accounts (SS)|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
HSBC
**Details**
**Details**
**Details**
Signature
2|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**468**
**-**
**-**
**-**
**-**
**-**
**468**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Martin Kelly-Roberts
|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
15/05/2026
15/05/2026|
CCXX R2 accounts (SS)