## **Trustees’ Annual Report for the period** **From 6[th] April 2022 To 5[th] April 2023** ## **Charity name: Glascwm Improvement Society** ## **Charity registration number: 1194912** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Glascwm Improvement Society was first**
**registered as a charity on the 23rd June**
**2021 with the object of securing the**
**establishment of a community centre and**
**to maintain and manage the same for the**
**benefit of the inhabitants of Glascwm and**
**surroundings.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**The object was to be achieved by**
**securing a lease on the former church**
**hall from the Church in Wales and having**
**done so seeking funding to repair the**
**building and bring it back to a state**
**where it could, once again, be safely**
**used by the community.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The Trustees have had regard to the**
**guidance issued by the Charity**
**Commission on public benefit.**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |||| |||| |Contribution made by
volunteers|Para 1.38|**The Charity had one volunteer acting as**
**treasurer**| |||| ## **Achievements and Performance** SORP reference ||Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The Charity has now held a lease on the**
**village hall since November 2021.**
**At the beginning of the year a number of**
**applications for grant funding were made.**
**Instructions to start work on the roof**
**were given but no work was carried out**
**until October 2022.**
**A grant of £25,000 was secured from the**
**Community Facilities Programme which**
**allowed work on re-wiring and installing a**
**new heating system to be started.**
**In January 2023 work started to replace**
**the ceiling, take up part of the floor and**
**replace rotten joists and floorboards.**
**Various exterior repairs were also made**
**to soffits and rainwater goods.**| |---|---|---|---| |**Additional information (optional)**|**Additional information (optional)**|| |---|---|---| |Youmay choose toincludefurtherstatements||whererelevant about:| |||**Slow but steady progress has been made**| |||**towards the objective of having, once**| |Achievements against|Para 1.41|**again, a modern fully functional village**| |objectives set||**hall. The roof has been repaired, a new**| |||**properly insulated ceiling has been**| |||**installed, a new electrical wiring is in**| |||**place as is a new electric heating system.**| |||**In addition a number of more minor**| |||**repairs and improvements have been**| |||**made. **| |**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:| |---|---|---| |Achievements against
objectives set|Para 1.41|**Slow but steady progress has been made**
**towards the objective of having, once**
**again, a modern fully functional village**
**hall. The roof has been repaired, a new**
**properly insulated ceiling has been**
**installed, a new electrical wiring is in**
**place as is a new electric heating system.**
**In addition a number of more minor**
**repairs and improvements have been**
**made. **| |Performance of fundraising
activities against objectives
set|Para 1.41|**During the year the Charity has secured**
**further funding of £25,000. Together with**
**£12,077 already available the charity from**
**the community it has been able to carry**
**out roughly half the work needed to reach**
**the set objectives. Further funding**
**applications are pending. **| |||| |||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**During the period the Charity was in**
**receipt of funds totalling just over**
**£37,000 most of which was allocated for**
**work in hand. **| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**At the end of the period Glascwm**
**Improvement Society did not hold**
**reserves**| |Amount of reservesheld|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|**All expenditure will be matched with**
**incoming expenditure**| |**Additional information (optional)**
Youmay choose toincludefurtherstatements||whererelevant about:| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Grant funding from groups supporting**
**charitable institutions. It is anticipated**
**that funding for future maintenance and**
**running costs will come from fundraising**
**in the community and from fees for hall**
**lettings. **| |||| |A description of the principal
risks facing the charity|Para 1.46|**The main risk to the Charity is that grant**
**applications might fail and insufficient**
**funds may not be available to finish the**
**work now started.**| |||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Charitable Incorporated Organisation**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are recruited by requesting**
**volunteers from the community who are**
**then subject to approval by the board**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The Charity is managed by the trustees**
**who meet monthly to decide how matters**
**should progress. Tasks are shared**
**among trustees and one volunteer.**| |||| |||| ## **Reference and Administrative details** |Charity name|Glascwm Improvement Society| |---|---| |Other name the charity uses|| |Registered charity number|1194912| |Charity’s principal address|Village Hall
Glascwm
Llandrindod Wells
LD1 5SE| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Martin McCleave|Chair||| ||Joanne Hammonds|||| ||John Oliver|||| ||AntonyMiddlehurst|||| ||Krystyna Freeman|||| ||Robert Davies|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Ernest Martin McCleave|| ||

Chair|| |||| |||| Glascwm Improvernent Society Flnandal Statement 2022-2023 Cash at Bank 051(4122 Instant Access Account Treasurers Account £11.353.97 418.44 £11,772.41 Total Income 23112122 Community Facilities Prograrnme 22103123 Glaxwm Community Council Interest £25,(XJ).(x) 14.92 Totsl £25.W.92 Expenditure Lease Regi5trdtion Flre Extinguisher MaiDtenan ElectricTrty Water Insurance Waste Disposal Electrical Installation Buildin8 Work 53.88 331.55 95.02 452.67 86.33 23.4(KJ.60 Totsl £28.89).05 Income less expenditure (£3825.13) Cash at bank 05104/22 less net expenditure £7947.28 Cash at bank 05/04123 Instant Access account Treasurers Account £6368.89 £1578.39 £7947.28 Totsl Approved by: Martin Mccleave Chair of Trustees ate John Oliver Trustee Date Robert Davies Trvstee rf/JZ Date Independent examiner's report to the trustees of the Glascwm Improvement Society I report to the trustees on my examination of the accounts of the Glascwm Improvement Society (the Society) for the year ended S April 2023. Responslbllllles and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirernents of the Charities Act 2011 (1he Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination I have followed all the applicable Directions given by the Charty Commission under section 145{5)(b) of the Act. Independ•nt examlner's statement I have completed my examination. I confinn that no material matte[5 have come to my attention in connection with the examinalion giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by sectK*n 130 of the Act; or 2. the accounts do not accord with those records. I have no con¢ems 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 accounts to be reached. Signed. Name." Derek Pike Felbw of the Institute & Faculty of Actuaries Address: The Yat. Glas¢wm Date: