Trustses, Annual Report for the period 6th April 2023 to 5th April 2024 Glascwm Improvement Soclety Charity number: 1194912 Objectives and Activities So ara 1.17 ummary of the purposes of he charity as set out in rts oveming document o secure the establishment of a ommunity centre and to maintain and anage the same for the benefit of the nhabitants of Glascwm and the urroundin areas. he object is 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 ring it bac to a state where it could, once ain be safel used b the communi Yhe Trustees have had regard to the uidance. ummary of the main activities n relation to those purposes for he public benefit, in particular he activities, projects or ervices identtfied in the ccounts Statement confirming whether he trustees have had regard to he guidan￿ issued by the harity Commission on public nefit. ara 1.17& 1.19 ara 1.18 Achievements and Perfonnance ummary of the main chievements ofihe charty, dentfying Ihe difference the harity's work has made to the ircumstances of its eneficiaries and any wder enefrts to society as a whole. ara 1.20 The Charity has now held a lease on the village hall since November 2021. Secured a grant from Garfield Weston ,for £10,000 towards repair of the village hall to make is usable. Work was carried out on the roof, however repairs have een challenging. As yet the hall isny eally fit for use as the kitchen is not yet nctionin Additional information You may choose to include further statements where relevant about: ¢hievements against ara 1.41 bjectives sel e continue to make progress on the refurbishment however there is a long list f issues that need to re301ved. Wo are orking steadily to get these done as we secure fundin for the work. During the year the Charity has secured rther funding of £10,000. Further funding lications are ndin erfOrnan￿ of fundraising ¢tivilies against objectives Para 1.41 Financial Review eview ol the charitys financial posrtion at the end of riod tatemenl explaining the policity for holding reserves tating why they are held ara 1.21 urlng the period the Charlty was In receipt of funds totaling £10,245 which was allocated to work in hand. t the end of the period Glascwm mprovement Society held approximately 5,500 in reserves. This money will be sed for payèng trades people for their rvices and for ment of utili bills. ota licable 11 expenditure will be matched with incoming expenditure. We have no salaries to pay or rent only limited utillty bills so the need for reserves or a Ireserves olic is ne ated. ara1.2 mount of reserves held Reasons fof holding zero eserves ara 1.22 Para 1.22 Additional information (optional) You may choose to include further statements where relevant about: he charity's principal SoUr￿S ara 1.47 f funds (including any rant funding Is our princlpal souKe of undraisin nding. description of the prinapal isks lacin Ihe chari ara 1.46 nsufficient funding to finish the project is urma or risk. Structure, Governance and Management Description of the charrty's rusts ovemin document How is the Ghari constituted ruslee selection methods including details of any onstitutional provisions eg lection to post or name of ny person or body entl￿ed to oint one or more trustees. ara 1.25 onstitution Charitable Inco rated Or anisation Ywstees are recruited by requesting volunteers from the community who are then subject to approval by the board. ara 1.25 Additional information (optional) he charity's organisational ara 1.51 tructure and any wider e￿Ork with which the charity orks he charity is managed by the trustees Who meet every two months, more if (needed to decide how matters should progress. Taks are shared among ustees. Reference and Administrative details hari name her name chari uses istered chari number harity's principal address lascwm Im rovement Societ 1194912 Illage Hall lascwm landrind¢)d Wells D1 5SE Name of the charity trustees who manage the charity rustee name ce ates acted il not the whole ear Name of person ntitled to ppoint trustee i artin Mccleave ohn Oliver Robert Davies Derek Pike arah Co hair oined Janua 2024 Signed on behalf of the charity's trustses: Name Position arah Co ignature Chair Dats Februa 2025 Financial Statement 2023-2024 Glascwm Improvement Society INCOME 400(Xl- Income 401CKJ - Donations 279.70 410(Kl- Sales 4101)4- Sales - Services 36.00 41000- Total Sales 36.00 411(KJ- Other Income 10,000.00 41800- Interest Income 4.75 40000 - Total Income 10,320.45 EXPENSES 57000- Expense5 6701XI- Insurance Expense -563.58 70000- Maintenance Expense -53.88 74000- Rent or Lease Expense -30.00 74500 - Repairs Expense -11,686.56 77000- Utilities Expense -344.75 57000 - Total Expenses -12,678.77 NET INCOME -2.358.32 Balance Sheet At6A r2023 cUT￿nt alc Sawn salc 1,578.39 6,368.89 Income less ex A15A r2024 nditure 7.947.28 -2,358.32 5,588.96 Re resented b Cuttenl alc Savin salc 5.577.32 5,588.96 Forth• yw •rrf1￿ 5Awil *124 12024. This reFrf n4d?so*toth•dws Tn*•s. as abL¥ty. trtxts)rdar￿ hith P*t4 ofthE C￿lt￿¥ IN%￿rts and Reportsl Rwbtions 2CQ8. My I￿rk has èeert undert*en 50 Ihat I mKJhl state to b)e b)e W¢w￿al￿ c￿n￿e5 Ad2011 nhe 2011 Att). I rewi in respe￿ ofmy exan4nath)n crfthe cW$ acc4xmts OIrt￿*s￿)n 145 olthe 2011 Curm1￿¥￿ 145151(bl Orb￿ 2011 t•cuds *ere not W in respect rlthe charity as reqlued ty 130 ofthe 2011 AGt, or set out Ctsrtrs IAcctrJrts ano ftep￿ts) Re9thbon$ 2￿8 (4her any rtyuwemenl that the SbJn8d.' t)ated. 4.2. lots- '