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2021-10-31-accounts

Champions For Ynyshir ANNUAL REPORT 2022

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TABLE OF CONTENTS

Chair’s report

Strategic Highlights___3 Financial Highlights___4 Operating Highlights_____5 Looking Ahead____6 Thanks---------------------------------------------------

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TO OUT STAKEHOLDERS

Strategic Highlights

We’ve moved forward at a frustratingly slow pace of the last year but it’s important to stress we have moved forward! The pace of progress is unfortunately not dictated by us and deal with organizations who meet infrequently is a slow laborious process at best. That said we have reached our goal and as we are all aware we have completed these negotiations and agreed to sign a new two year lease with the Church in Wales. While still not signed yet I’m sure this will be completed very shortly and we can move on.

THIS PUTS OUR FUTURE IN OUR HANDS

We’ve worked with and been supported by a number of other organisations including,

Play it again Sport

The Friends of Rhondda Rotary Club

RCTCBC

Interlink

Penydus Choir

Ynyshir Band

NHLF

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Financial Highlights

Our treasurer will provide us with more in depth detail but from a strategic perspective we are now aware of the final purchase price of the site,

£105,000 (minus our £10,000 goodwill payment on signing of the lease)

£95,000

In simple terms we need to raise this figure through donations, fundraising and grants, in the two years from lease agreement (signing).

We are committed to spending to improve the site and our operational effectiveness over the next few months including the below,

 Notice board and signage for the site

 New boiler for the hall

(where necessary)

(where necessary)

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 Cosmetic improvement to the main building internally

and externally (where necessary)

The Hall as a centre of the community

Our year has been one marked by progression, from relatively standing start post-pandemic and through the work of all of our volunteers, we now run numerous events including the below,

We need to engage more with the public in Ynyshir and Wattstown, together we can do this but only together

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Looking ahead

There are financial pressures but we will continue to raise funds for our central capital project, the purchase and redevelopment of the site. We will seek to therefore begun fundraising once again upon signing of the lease to support these actions. We continue to appeal for lottery payments, both from existing contributors and new, and gratefully accept donations.

Our primary aim is to make sure we can start our popular programme of social events and continue to foster community spirit in any way we can.

As a group we need to continue to improve and think about each of the below,

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Thank you

It has been an interesting year as Chair and not without its challenges! I have been blessed with a wonderful, strong and supportive team. A massive thank you to them and to everyone who has worked so hard.

Last but not least, thank you to the people of Ynyshir and Wattstown who have also given so much BUT WE NEED YOU EVEN MORE DURING THE NEXT TWO YEARS and we look forward to seeing you all over the next year. Darren Macey Trustee and Chair, Champions For Ynyshir August 18, 2022

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Champions For Ynyshir Statement of Accounts

26th October 2020 to 31st October 2021

Receipts/Payments Account

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Unrestricted Restricted St Annes Total Funds Prior Year
Fund
Receipts
Rhondda Cynon Taff CBC 292
Summer of Fun 3,483 3,483
Food Support Fund 500 500
Interlink RCT 4,414
Microgrant - performance license for hall 250 250
Microgrant - An Act of Kindness 250 250
Microgrant - COVID 19 250 250
Microgrant - Easter Activities 250 250
Microgrant - Big Lunch 250 250
Dwr Cymru -Welsh Water 250
National Lottery - Awards for All 10,000
Volunteer Action - MT 414
St Annes Fund
Community Lottery 5,828 5,828 5,341
Table Top Sales 628 628
Quiz 30 30
Rhondda Rotary fundraising 1,200 1,200
Just Giving Contribution 2,708 2,708
Donations - St Annes Fund 502 502 472
Other Income
Donations - Champions for Ynyshir 345 345
Hall Rent 60 60 150
TOTAL RECEIPTS 405 5,233 10,896 16,534 21,333
Payments
Utilities 988 988 427
gardening, items used for craft activities
etc.,) 2,136 2,136 2,157
Payment to third parties to carry out workshops, provide foo 2,150 2,150 795
Insurance 322 322
Printing and Postage Costs 72 72 107
Projector and screen - to deliver screenings 2,059 2,059
Tables - for hall 847 847
Property Maintenance 0 1,470
Community Lottery Payouts 1,243 1,243
Community Lottery Licence 20 20 40
TOTAL PAYMENTS 0 8,574 1,263 9,837 4,996
NET RECEIPTS/PAYMENTS 405 -3,341 9,633 6,697 16,336
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CASH FUNDS LAST YEAR END 17,062 726
CASH FUNDS THIS YEAR 23,759 17,062
Movement 6,697 16,336
Statement of Assets and Liabilities
Current Account 22,929 17,062
Cash held pending bank deposit 830 0
23,759 17,062
----- End of picture text -----

Notes to the Accounts

Following poor customer service from our existing banker and the closure of all local branches the customer relationship with the bank became unsustainable during COVID as the bank account was set up in a way that branch visits were necessary. The Charity applied to another banker in October for a new current account which is predominantly an online service with banking facilities available at our local post office. This was set up in December and no cash balances are now held.

COVID has had a significant impact on our fundraising and abilty to carry out activities in the hall. These have been subject to very tight COVID restrictions limiting numbers and, for a large part of the year, we were prevented from carrying out activities due to the restrictions placed upon us.

Accounts prepared in line with Charity Commission guidance:

Name: Signature: Date:
Diane Palmer
Approved on behalf of the trustees:
Name: Signature: Date:
Darren Macey