| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 6 | to | 13 | |
| Detailed Statement ofFinancial Activities | 14 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | F | F | F | F | ||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
14,363 | 14,363 | 9,508 | |||
| Charitable activities |
||||||
| Charitable Activities |
1,300 | 1,300 | 10,501 | |||
| Other trading activities |
34,617 | 34,617 | 24,025 | |||
| Investment income |
67 | 67 | 3 | |||
| Total | 50,347 | 50,347 | 44,037 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Charitable Activities |
66,866 | 19,293 | 86,159 | 76,496 | ||
| NET INCOME/(EXPENDITURE) | (16,519) | (19,293) | (35,812) | (32,459) | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
62,665 | 624,302 | 686,967 | 719,426 | ||
| TOTAL FUNDS CARRIED FORWARD | 46,146 | 605,009 | 651,155 | 686,967 |
| AB | ERVALLEY BRANCH | ERVALLEY BRANCH | ||||
|---|---|---|---|---|---|---|
| BALANCE SHEET | ||||||
| 31 | MARCH 2023 | |||||
| 2023 | 2022 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | F | F | F | |||
| FIXEDASSETS | ||||||
| Tangible assets | 12,481 | 603,734 | 616,215 | 637,775 | ||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 754 | 754 | |||
| Cash at bank and | in hand | 34,367 | 1,275 | 35,642 | 51,502 | |
| 35,121 | 1,275 | 36,396 | 51,502 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
(1,456) | (1,456) | (2,310) | |||
| NET CURRENT ASSETS | 33,665 | 1,275 | 34,940 | 49,192 | ||
| TOTAL ASSETS | LESSCURRENT LIABILITIES | 46,146 | 605,009 | 651,155 | 686,967 | |
| NET ASSETS | 46,146 | 605,009 | 651,155 | 686,967 | ||
| FUNDS | 12 | |||||
| Unrestricted funds |
46,146 | 62,665 | ||||
| Restricted funds | 605,009 | 624,302 | ||||
| TOTAL FUNDS | 651,155 | 686,967 |
| 2023 F |
2022f | |||||
|---|---|---|---|---|---|---|
| Deposit account | interest | 67 | ||||
| INCOME | FROM | CHARITABLE ACTIVITIES | ||||
| 2023 | 2022 | |||||
| Activity | F | |||||
| Grants | Charitable | Activities | 1,300 | 10,501 | ||
| Grants received, | included | in the above, are | as follows: | |||
| 2023 | 2022 | |||||
| F | F | |||||
| Caerphilly | County | Borough | Council | 1,300 | 10,501 |
| STAFF CO | STS | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| F | ||||
| Wages and | salaries | 32,298 | 29,590 | |
| National Insurance Contributions |
||||
| 32,298 | 29,590 | |||
| No employee was paid over F60,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| F | F | |||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations | and legacies | 9,508 | 9,508 | |
| Charitable | activities | |||
| Charitable | Activities | 6,580 | 3,921 | 10,501 |
| Other trading activities |
24,025 | 24,025 | ||
| Investment | income | 3 | 3 | |
| Total | 40,116 | 3,921 | 44,037 | |
| EXPENDITURE ON | ||||
| Charitable | activities | |||
| Charitable | Activities | 53,976 | 22,520 | 76,496 |
| NET INCOME/(EXPENDITURE) | (13,860) | (18,599) | (32,459) |
| FOR THE YEAR ENDED 3 | FOR THE YEAR ENDED 3 | FOR THE YEAR ENDED 3 | FOR THE YEAR ENDED 3 | FOR THE YEAR ENDED 3 | 1 MARCH 2023 | 1 MARCH 2023 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COMPARATIVES | FOR | THE STATEMENT OF FINANCIAL | ACTIVITIES - continued | |||||||||
| Unrestricted | Restricted | Total | ||||||||||
| funds | funds | funds | ||||||||||
| F | F | |||||||||||
| RECONCILIATION | OF | FUNDS | ||||||||||
| Total funds brought | forward | 76,525 | 642,901 | 719,426 | ||||||||
| TOTAL FUNDS CARRIED | FORWARD | 62,665 | 624,302 | 686,967 | ||||||||
| 9. | TANGIBLE FIXED | ASSETS | ||||||||||
| Improvements | Fixtures | |||||||||||
| Freehold | to | and | Sports | |||||||||
| property | property | fittings | Equipment | Totals | ||||||||
| F | F | F | F | |||||||||
| COST | ||||||||||||
| At 1 April 2022 and | ||||||||||||
| 31 March 2023 | 1,004,504 | 82,588 | 66,840 | 51,562 | 1,205,494 | |||||||
| DEPRECIATION | ||||||||||||
| At 1 April 2022 | 378,138 | 82,299 | 56,376 | 50,906 | 567,719 | |||||||
| Charge for year | 18,502 | 89 | 2,639 | 330 | 21,560 | |||||||
| At 31 March 2023 | 396,640 | 82,388 | 59,015 | 51,236 | 589,279 | |||||||
| NET BOOK VALUE | ||||||||||||
| At 31 March 2023 | 607,864 | 200 | 7,825 | 326 | 616,215 | |||||||
| At 31 March 2022 | 626,366 | 289 | 10,464 | 656 | 637,775 | |||||||
| 10. | DEBTORS:AMOUNTS | FALLING | DUE WITHIN | ONE YEAR | ||||||||
| 2023 | 2022 | |||||||||||
| F | F | |||||||||||
| Prepayments | 754 | |||||||||||
| 11. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||||||
| 2023 | 2022 | |||||||||||
| F | F | |||||||||||
| Trade creditors | 385 | |||||||||||
| Taxation and social | security | 42 | 515 | |||||||||
| Other creditors | 1,414 | 1,410 | ||||||||||
| 1,456 | 2,310 |
| MOVEMENT IN F |
UNDS | ||||||
|---|---|---|---|---|---|---|---|
| Net | |||||||
| movement | At | ||||||
| At 1.4.22 | in funds | 31.3.23 | |||||
| F | F | ||||||
| Unrestricted funds |
|||||||
| General Fund |
54,797 | (15,951) | 38,846 | ||||
| Community Council Grant |
500 | (500) | |||||
| CAF | 288 | (288) | |||||
| Bute Energy | 880 | (880) | |||||
| PTE C.Council | 200 | (200) | |||||
| AV Community Council |
Grant | 6,000 | 1,300 | 7,300 | |||
| 62,665 | (16,519) | 46,146 | |||||
| Restricted funds | |||||||
| Freehold Property |
Fund | 207,205 | (7,419) | 199,786 | |||
| Building Grant | 414,661 | (10,983) | 403,678 | ||||
| Sports Council ofWales | - Capital | Grant | 82 | (82) | |||
| Community Foundation |
in Wales | 1,564 | (89) | 1,475 | |||
| Admiral —Capital Grant |
140 | (70) | 70 | ||||
| Arts Council Grant | 200 | (200) | |||||
| AV Community Council |
Grant | 450 | (450) | ||||
| 624,302 | (19,293) | 605,009 | |||||
| TOTAL FUNDS | 686,967 | (35,812) | 651,155 | ||||
| Net movement in funds, |
included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| F | F | F | |||||
| Unrestricted funds |
|||||||
| General Fund |
49,047 | (64,998) | (15,951) | ||||
| Community Council Grant |
(500) | (500) | |||||
| CAF | (288) | (288) | |||||
| Bute Energy | (880) | (880) | |||||
| PTE C.Council | (200) | (200) | |||||
| AV Community Council |
Grant | 1,300 | 1,300 | ||||
| 50,347 | (66,866) | (16,519) | |||||
| Restricted funds | |||||||
| Freehold Property |
Fund | (7,419) | (7,419) | ||||
| Building Grant | (10,983) | (10,983) | |||||
| Sports Council ofWales | - Capital | Grant | (82) | (82) | |||
| Community Foundation |
in Wales | (89) | (89) | ||||
| Admiral —Capital Grant |
(70) | (70) | |||||
| Arts Council Grant | (200) | (200) | |||||
| AV Community Council |
Grant | (450) | (450) | ||||
| (19,293) | (19,293) | ||||||
| TOTAL FUNDS | 50,347 | (86,159) | (35,812) |
| Comparatives for |
mov | emen | t in fun |
ds | ||||
|---|---|---|---|---|---|---|---|---|
| Net | ||||||||
| movement | At | |||||||
| At 1.4.21 | in funds | 31.3.22 | ||||||
| E | F | F | ||||||
| Unrestricted funds |
||||||||
| General Fund |
75,237 | (20,440) | 54,797 | |||||
| Community Council Grant |
500 | 500 | ||||||
| CAF | 288 | 288 | ||||||
| Bute Energy | 880 | 880 | ||||||
| PTE C.Council | 200 | 200 | ||||||
| AV Community Council |
Grant | 500 | 5,500 | 6,000 | ||||
| 76,525 | (13,860) | 62,665 | ||||||
| Restricted funds | ||||||||
| Freehold Property |
Fund | 214,624 | (7,419) | 207,205 | ||||
| Building Grant | 425,644 | (10,983) | 414,661 | |||||
| Sports Council ofWales | —Capital Grant | 190 | (108) | 82 | ||||
| Community Foundation |
in Wales | 1,653 | (89) | 1,564 | ||||
| Admiral - Capital Grant | 140 | 140 | ||||||
| Arts Council Grant | 200 | 200 | ||||||
| AV Community Council |
Grant | 450 | 450 | |||||
| 642,901 | (18,599) | 624,302 | ||||||
| TOTAL FUNDS | 719,426 | (32,459) | 686,967 | |||||
| Comparative net movement |
in funds, | included | in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| F | F | F | ||||||
| Unrestricted funds |
||||||||
| General Fund |
33,536 | (53,976) | (20,440) | |||||
| Bute Energy | 880 | 880 | ||||||
| PTE C.Council | 200 | 200 | ||||||
| AV Community Council |
Grant | 5,500 | 5,500 | |||||
| 40,116 | (53,976) | (13,860) | ||||||
| Restricted funds | ||||||||
| Freehold Property |
Fund | (7,419) | (7,419) | |||||
| Building Grant |
(10,983) | (10,983) | ||||||
| Sports Council ofWales | - Capital Grant | (108) | (108) | |||||
| Community Foundation HMRC JRS - Furlough |
in Wales Grant |
3,921 | (89) (3,921 ) |
(89) | ||||
| 3,921 | (22,520) | (18,599) | ||||||
| TOTAL FUNDS | 44,037 | (76,496) | (32,459) |
| Net | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| movement | At | |||||||||
| At 1.4.21 | in funds | 31.3.23 | ||||||||
| f | F | |||||||||
| Unrestricted funds |
||||||||||
| General Fund |
75,237 | (36,391) | 38,846 | |||||||
| Community Council Grant |
500 | (500) | ||||||||
| CAF | 288 | (288) | ||||||||
| AV Community Council |
Grant | 500 | 6,800 | 7,300 | ||||||
| 76,525 | (30,379) | 46,146 | ||||||||
| Restricted funds | ||||||||||
| Freehold Property Fund |
214,624 | (14,838) | 199,786 | |||||||
| Building Grant | 425,644 | (21,966) | 403,678 | |||||||
| Sports Council ofWales | - | Capital Grant | 190 | (190) | ||||||
| Community Foundation |
in | Wales | 1,653 | (178) | 1,475 | |||||
| Admiral —Capital Grant |
140 | (70) | 70 | |||||||
| Arts Council Grant | 200 | (200) | ||||||||
| AV Community Council |
Grant | 450 | (450) | |||||||
| 642,901 | (37,892) | 605,009 | ||||||||
| TOTAL FUNDS | 719,426 | (68,271) | 651,155 | |||||||
| A current year 12 months |
and | prior year 12 months | combined | net movement | in funds, | included | in the above | a | ||
| as follows: | ||||||||||
| Incoming | Resources | Movement | ||||||||
| resources | expended | in funds | ||||||||
| F | ||||||||||
| Unrestricted funds |
||||||||||
| General Fund |
82,583 | (118,974) | (36,391 | ) | ||||||
| Community Council Grant |
(500) | (500) | ||||||||
| CAF | (288) | (288) | ||||||||
| Bute Energy | 880 | (880) | ||||||||
| PTE C.Council | 200 | (200) | ||||||||
| AV Community Council |
Grant | 6,800 | 6,800 | |||||||
| 90,463 | (120,842) | (30,379) | ||||||||
| Restricted funds | ||||||||||
| Freehold Property Fund |
(14,838) | (14,838) | ||||||||
| Building Grant |
(21,966) | (21,966) | ||||||||
| Sports Council ofWales | —Capital Grant | (190) | (190) | |||||||
| Community Foundation |
in | Wales | (178) | (178) | ||||||
| Admiral - Capital Grant | (70) | (70) | ||||||||
| Arts Council Grant | (200) | (200) | ||||||||
| AV Community Council |
Grant | (450) | (450) | |||||||
| HMRC JRS - Furlough | Grant | 3,921 | (3,921 ) | |||||||
| 3,921 | (41,813) | (37,892) | ||||||||
| TOTAL FUNDS | 94,384 | (162,655) | (68,271 | ) |
| FOR THE YEAR ENDE | D 31 MARCH 2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| F | F | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 4,999 | 4,104 | |
| Subscriptions and Memberships |
9,364 | 5,404 | |
| 14,363 | 9,508 | ||
| Other trading activities |
|||
| Catering Income |
9,686 | 4,753 | |
| Letting Income | 24,185 | 17,803 | |
| Fitness Suite | 644 | 855 | |
| Sundry Income |
102 | 614 | |
| 34,617 | 24,025 | ||
| Investment income |
|||
| Deposit account interest | 67 | ||
| Charitable activities |
|||
| Grants | 1,300 | 10,501 | |
| Total incoming resources | 50,347 | 44,037 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Wages | 32,298 | 29,590 | |
| Insurance | 5,442 | 4,506 | |
| Light and heat | 10,031 | 3,354 | |
| Telephone | 641 | 826 | |
| Postage and stationery | 35 | 23 | |
| Catering Costs | 5,603 | 3,857 | |
| Cleaning and Maintenance |
3,320 | 7,040 | |
| Sundries, Sorts, Running |
Costs | 4,530 | 228 |
| Licences and Affiliation Fees | 959 | 2,761 | |
| Freehold property |
18,502 | 18,502 | |
| Improvements to property |
89 | 89 | |
| Fixtures and fittings | 2,639 | 2,639 | |
| Computer equipment |
330 | 423 | |
| 84,419 | 73,838 | ||
| Support costs | |||
| Governance costs | |||
| Accountancy and legal fees |
1,740 | 2,658 | |
| Total resources expended | 86,159 | 76,496 | |
| Net expenditure | (35,812) | (32,459) |