Trustees, Annual Report for the period 6th April 2024 to 5th April 2025 Gfascwm fmprovement Society Charity number: 1194912 Objectives and Activities ummary of the purposes of he charity as set out in its oveming document ara 1.17 o secure the establishment of a community centre and to maintain and manage the same for the benefit of the Inhabitants of Glascvmi and the surroundin areas. ara 1.17 & Whe obje¢t is to be achieved by securing 1.19 lease on the fomier church hall from the Church in Wales and having done so eeking funding to repair the building and bring it back to a state where it could, once again be safely used by the communi he Trustees have had regard to the guidanGe. ummary of the main activities n relation to those purposes for he public benefrt, in particular he activities, projects or ervices identified in the ccounts talement confiming whether Para 1.18 he twslees have had regard to he guidance issued by the harity Commission on public nefit. Achievements and Performance ummary of the main chievements ofthe ¢harty. dent'tfying IhE tsffrerEnce ihe harity's work has made to the irCumstanS of its neficiaries and any wider nefft5 to x)¢ie as a whole. ara 1.20 he Charity has now held a lease on the illage hall since November 2021. P 5ecuTed a gTantfrum 14waTd5 foT All or £16,500 towards a rmv kitchen for the illage hall. Now we have a working Itchen we are able to use the village hall, with the wrnifow5 rt rs ve cold. Additional information You may choose to include further statements where relevant about: chievements against ara 1.41 biectives sel We continue to make progress on the Irefurbishment however there is a long list f issues that need to be resolved. We are orking Steadily to get these done as we ecure fundin for the work. uring the year the Charity has secured unding of £16,500. Further funding lications are ndin Performance of fundraising tivities against objectives ara 1.41
Financial Review eview ol Yne chanvs Inanctal posrtion at the end of he nod tatement explaining the olicy for holding reserves tating why they are held ara 1.21 urlng the period the Charty was in receipt of funds totaling £16,500 which was allocated to work in hand. At the end of the period Glascwm mprovement Society held approxlmatsly 6,459 in roSeeS. This money will be sed for paying trades people for their ervices and for ment of utili bills. ota ricable All expenditure will be matched with incoming expenditure. We have no isalaries to pay or rent only limited utility ills so the need for reserves or a serves olic isn ara 1.2 mount of reserves held easons for holding zero eserves ara 1.22 ara 1.22 Additional information (optional) You may choose to include further ststements where relevant about: he charity s prinripal Sr¢eS ara 1.47 f funds {including any rant funding is our principal source of ndraisin nding. description of the principal sks la¢in the cha ara 1.46 nsufficient funding to finish the project is urma or risk. Structure, Governance and Management escription of the charity's rusts of ovemin documenl ow is the chari constituted ruslee selection methods ncluding details of any onstitutional provisions eg lection to posl or name of ny person or body entrtled to oint one or more trustees. ara 1.25 onstitution haritable Incor orated Or anisation rustees are recruited by requesting olunteers from the community who are hen subject to approval by the board. ara 1.25 Additional information (optional) he charrty's organisational ara 1.51 tructure and any der eOrk which the charty rks he charity is managed by the trustees ho meet every t4vo months, more if eeded to decide how matters should rogress. Tasks are shared among ustees.
Reference and Administrative details hari name ther name chari uses istered chari number harity's principal address lascvrn Im la 11194912 Illage Hall lascwm landrindod Wells D15SE rovement S¢xie Name of the charity trustees who manage the charity rustee name Ic8 ates acted rf not the whole ear Name of person ntitled to ppoint trustee i artin Mccleave ohn Oliver obert Davies erek Pike arah Co hair o June 2024 oined Janua 2024 Signed on behalf of the charity's trustees: ame osition ignature arah Co hair Dale Februa 2026
Balance Sheet Glascwm Improvement Society 1111212025 06104/2024- 0510412025 ASSETS 10(X)O- Bank 10210- Bank Account GLA-30911601191928 2.705.50 10220- BankAccount GLA-30911601090110 1,395.54 109CKI- Bank in Transit 0.00 10000- Total Bank 4.101.04 1401XI- Other CurTent Assets 14400 - Undeposited Funds 0.00 14000- Total Other Current Assets TOTAL ASSETS 4,101.04 LIABILITIES & EQUITY Equity
39000- Equity 39005- Retained Eamings -2,358.32 39000- Totsl Equity -2,358.32 Net Income 6.459.36 Total Equity 4,101.04 TOTAL LIABILITIES & EQUITY 4,101.04
Profit and Loss Glascwm Improvement Society 11/12/2025 Adjusted to net off the retumed Direcl Debit 0610412024 - 0510412025 INCOME 400(10- Income 41000- Sales 41001- Sale5- Items 50.00 41000- Total Sales 50.00 41100- Other Income 16.550.00 418- Interest Income 62.75 40(100- Total Income 16,662.75 INCOME 16,662.75 GROSS PROFIT 16,662.75 EXPENSES 57000- Expenses
62CQO- Bank Charges -14.¢XI 67000- Insurance Expense -637.26 70000_ Maintenance Expense -53.88 74(KKI- Rent or Lease Expense -io.(J) 74500- Repairs Expense -9,053.90 770(Kl- Utiltties Expense -434.35 57LM)O - Total Expenses -10,203.39 TOTAL EXPENSES -10,203.39 NET INCOME 6,459.36
Profit and Loss Glascwm Improvement Society 11/12/2025 downloaded from Lloyds Bank 0611)412024- 05104/2025 INCOME 40000 - Income 41000- Sales 41CQI- Sales- Items 50.00 41000- Total Sales 50.00 41100- Other Income 16.550.00 41800- Interest Income 62.75 40000 . Totsl Income 16,662.75 INCOME 16.662.75 GROSS PROFIT 16.662.75 EXPENSES 57000- Expenses
62(M)O- Bank Charge5 -14.00 670- Insurance Expense -637.26 70000_ Maintenance Expense -53.88 74000- Rent or Lease Expense -10.00 745(M)- Repairs Expense -9.053.90 77LXKI- Utilitie5 Expense -1,694.19 57000 - Total Expenses -11.463.23 TOTAL EXPENSES -11.463.23 OTHER INCOME AND EXPENSES 90IX- Other Income 91LIIO- Other Income Miscellaneous 1,259.84 90000- Total Other Income 1,259.84 TOTAL OTHER INCOME AND EXPENSES 1.259.84 NET INCOME 6.459.36
Indendert MIne5 rept For thg yoar orKl•d S Aprfl 2025 fwrTtyI I ret to the dorY Tnjstees on my exammatrM of the x¢wnts of the chartty br the year ended 5 April 2025. I rewrt in of rrry examination ofthe charfy's accounts out under secbon 145 ofthe 2011 Act and Iri carryff Out my eXarThnati1 I have folkw all the wluble Dsreth"ons given by the Charty Commission under sect)n 145(51(bl oftts 2011 ACL Inthpendwrt enminerfs $tatgm•nt I have completès my examtnabc¢). I ¢onfwm that no matters have my attwthjn cw)eetion accourthng recNts not keF4 in re$t of the ch•ity as req"red by seLon 130 Oftt 2011 Actr, or set out the Charrttes (Accounts and ReFQrtsl Regulth'ons 2008 other than any requirement thai the accounts gNe a and fairf VwVthh $ nrrt a matter C¢ffiSKSered as FQrt ol an irhyependent exarnun. attention shoubj be dra7 in this repNI in tyderto enable a prw undefstandmg ofthe accounts lo be reached. ned..