REGISTERED CHAIUTY IYUMBER: 1199729 Report of the Trlljtets #nd Unaudlted FinaDcia] Stalememts for the Year Ellded 31 De¢ember 2024 for Aberporth Vill#ge Hall and Re£reitlon Ground Asiunole & Co Manchesler Howe Grosvellor Hill Cardigan Ceredigion SA43 IHY Ashrn0 &Co.
Aberporth Vi]]age Hall #nd Recreatlon Ground ConteDts of the Finatsci Ststements for the Year Ended 31 December 2024 Page Report of the Trustees I to 7 Independent Examiner's Report Sta¢ement of Finanelal Aetfvltle5 Balance Sheet io Casb Floiv StstemeDt Notes to the Cash Flow Stfitsment 12 Note$ to the Flll8n¢ial Statements 13 to 19 Detalltd Statement of Flnanctsl Aetlvltle8 20 to 21 Ashrnob&Co.
Aberportb Village Hall and Recreation Ground Report of the Trustees for the Year Ended 31 December 2024 The tnJstee5 prcserit their report with the finalla1 statements of the clwity for the year ended 31 De¢ember 2024. The tnLStees hav¢ adopted the provisions of AcciwntiDg a[ Reporting by ChaTities: Ststement of Recommended Practice appble to charities preparing their a¢¢ouots io a¢¢ordaDce with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBIECTIVES AND ACTlVtTIES Objective5 and aim5 The object of the ChilY is as stated in the governing document are to nltaIn both our Village Halls & Recreati(trn Groud. for the use & enjoyment of the inhabilants of Aber-porth & surrounding villages without distinction of political, reli8iOU5 or other opinior4 including the use for meetings. le¢tures & cla&ges & other forms of recreation & leisurevtime occupation with the object of improving the Conditions of life for the inhabitsnts. Page I Ashr0 & Co.
AberpDrtb Village Hjll alld Reerethtiort Ground Report of the Trustees for the Year Ended 31 December 2024 OBJECTIVES AND ACTIVITIES SlgtsificoDt A¢tlvldes AVH&RG Trnstees welcome all members of the ¢oDmiunity to ll8e the premises regardless of personal backwund faith. gender or person81 eircumstances. Whilst the public benefit is available for everyone as there are few restriciions. but there is a charge rnade to hiTe the facilitÉes to cover costs, ll]aintenance, projKls & improvements. Both Villag¢ Halls are mostly wd by our lo¢al wmmunity & its non-profit orgatiisauotLS, offering claswlmeetings for all age group& All Increased charge is made for all cOnuneIal use but pri()rity iy given to community use over a com]nela1 hirill Activitie4 by hireTS wtte well wpported, held ai the Canolfan Dyffryyffl)rn Centre at the beginnillg of th¢ y¢ar up until the New Village Hall w&8 allowed to reopen after its safe completion during April 2024. Since the various a¢ts"vities have been shared bettveen both halls. For all ages: Keep Fit Classes, Pilates, Arts4W¢llbeing, HomeSrarL 'Warni Hubs, Coffee Mornitigs & Lunch Clubs for OUT seniors as well as parents young children. Makers MarkeL Pr(Mluce Market, Tai Clji. Yog-Ease (seated Yoga) & Gentle Mat Yoga (for tho.e more mobile), Pana¢h¢ Dancin& Caru5 Café, aDes, our local bistory elub, Badminton, Table Tennis & West Wa1¢8 Filness Coaching. For our younger generation.. Rainbow, Brownies & Girl Guides, 'Fttlz on Wheels, for the young over the springsummer peri1. External organised events in¢luded a Plant Sale. Annual Carnival, old local Welsh ttxdition of Dydd lau BaclLIMawr (activitie5 for all age group5 with music & barbeque). Organi%ed Firework display & bortfe, a successful & enJoble ¢v¢niii8 where donations from the con]rnunity will be used to purcha8e the following yeats fireworks for bonfire night. A Christroas Crafi Fair, an over 70's christnS Tea & our annual Christmas Carol Service were atso organised & held at Canolfan Dyffryn. Both halls have been used for private event5 & celebrdtiolls throughout the year aft¢r our newty rd)uilt hall was reopened. Most oryanisations that had deferred utttil our new Village Hall was rebuilt & reopen¢d have now returned since the reopeninb. We knpe to Continue to attrdct more organisations to use our facilities. To assist the Tru$te¢¥ with all th¢ organisation. planning & rdiSTng the charitgs profile for the abov¢ fundrai%inE events & help to recNiVsupport our many Volunteer manage with th¢ volunteers our Community Fridge & maintain on]ine bookings. the Charity rEmains an employer of a part-time charity co-()rdinator. ID Febn]ary our cordinall)r was allocated a fUrtr Icmporary 15hrs of paid work after a successfully applied for grdnt. A new temporary job description & employment contrdct Wds created for one year & aftenvards once the funds diminished the hours would revert to 16hrs. During the summer we were also able lo employ a part tim¢ coretsker & a fidl time cleaner ftir both faciliti¢s, our previo$ ¢leaaeT of seven yeaTS' se1¢e han> lo resign due to other work]oad commitellts. Our main project 'Calon y Gymuned, the 'Heart of the CommuniW eontinucd throughout 2023 & into the rst half of 2024. Delays o¢eurr¢d & ¢xtensions perMItd due to bad weather condition4 staff sh(Trrtag&8 & undeliver¢d matffla]s. Regular attIng$ cgnlinued throu81 that tintr in conjunction with the ¢oThtra¢toes progress mtttings as deadlinGs needed io be met & phasing of the n¢Vild arrdllg¢d. Paym¢nts for the rebuild continued from grants & the loan obtsined. The payment schedule con]menced during 2023 & ¢oDtinued at the beginning of 2024 ¢overing the new build, labour & materials with the ltscal building fim) & contrdclors. During th¢ r¢buii(L ¢ollsiderdtion continued at all times to Health & Safety issues. following building regulations & inspections perfomied during various stagcs of the new build. The Building Contyol Certificat¢ was issued & handed over to the charity on the 10th April 2024. Ail insurances organised & cover ¢ommence(L meter readings completed between OUT main ¢ontractor & the TnLSte¢s. The Charity & Trusiees were then able to Organi8e'ft & 'official' openings for the oon]rnunity to attend from April onwards. The Cbarity is fortullate in owry]ing two Village Halls altbough one is more of a syort% hail & is used foT nwiy team events. Adja¢¢nt lo this ha]1 1$ a pla)qn¥ field plus a children's play aTea with various types of play equipment for them to enjoy using. The charity also OWTL$ all the On, green spaces iti the vlllage as well as its four small car parks. We became an in¢orporated charity in July 2022 but we cuendY hold two regisiered cEwity nwnbers olle for the incorporated charity & one for OUT unincorporaTrd ¢haTity originally registered the Chariry Commission in October 1951 & ameTMled in July 1996. We bave one ren11tyd piece of land being r¢Ster¢d with the Land Registy Office once this i8 aceomplished, we will be able to di&8olve tbe unincorporated charity & hav¢ only One giStered charity nurnberremaining. All our assets were transferred legally in March 2023 to our incotyorated ¢harity & although we have two facilities in use all fees are paid into one account for the in¢orporated charity. The unin¢orporad cljarity is currently kept open due only to fv regIStered land i&8ue. All ¢barit518 fa¢ilities are available to all residents of Aber-porth & its SUTroundiug villages. Pubile benefit The Trustees are re4)onsible fi)r all aqpects of managen)ent of the Village Halls, R¢creation Grounds & car parks. In planning our acliviii¢s for th¢ year, we have keN irt mind the Ch8Jity Commissions general guidance on public benefit (Charities & Publi¢ Benefit, S¢¢tion 4 Charities Act 20111 ai our Trustee meeting$. Pag¢ 2 AShm0 & Co.
Aberporth Village Hall and Re¢Teation Grouttd Report of the Trustees for the Year Ended 31 Decejnber 2024 OBJECTIVES AND ACTIVITIES Grantmaklng The Charity has no policy on grant making. Volunteers We are teI lo all our volunteers, over 30 of them, WIK) have registered an interest in volunteering. They hay¢ given of their lUable lime, support, eTre1 & continued en1b$1asm. Our Volunteering rol¢s vary from supervising, collecting. organising, coo]w. gardening, using all their individual skills in helping with OUT tivitieS held for the commurrity. Without their combined efforts we would not hav¢ been able to continue with rLUU)ing our Community Fridge. which has just celebrnted its third year but due io a noticeable drop in food kn8te' collrctions from our lo¢al superniarkeL8 our fridge & frttzer shelves have been noticeably empty & therefore considered expensive io run. T]¢¢$, stsff & involved volunteers d¢¢id¢d that it would be more beneficial to consider 'FareShare C)m Chariw, UK'S national nehvork of chajitsble food re-distribution, this reduces environmental impact of food wast¢. Fateshare, collect swrplus food from retailers & food growers & re-distribute amongst chan'ties like outs who a Com]nunity Fridge. We pay a small monthly fee, Collect the food iiems which are then offered to the ¢ornmunity, & also used to create *utritiow% meals. Ollr Gardening Brea also grows some vegetables io use plus n)any plant&tsulbs for sale. Donated amoumts of money going into honesty boxes, & profits going towardg our charitys fills. We have long serving volunteeTh who Tun many of our well-attendcd daily, weekly or amiual events su¢h &$ our Digi Club, & dedicated volumeers who sort out our qualtry second hand cloth&8 rail foT 'Dillad Dwymith, & second-hand books for exchanging. We bold coffee morntngs, lunches, aftern(Kkn teas. with Welsh conversation for those ll11ng to practise their Welsh language. Many of our volunteers having suecessbjlly applied for their Food Hygiene certificates. La8t year saw new 'Quiz' nights organi5ed which have proved to b¢ very popular & entertaining. One of our main objectives is lo ifftprove communication with all uset¥ via qocial media as well as regular Wewsletters, for those who are not able to Use the internet. Two of our volunteers have commenced writing a quarterly WMl¢tterf with relevant infomlation, this is now published in both languages. All our external events are well organisryj by Trustees & staff but we could not operate agein withoui our volunteet%. These include the Plant Sale. Makers Markel. annual Camival & Dydd lau maTac] 'Halloween' event- 50 children attended with their responsible adults, Firework & Bonftre night. CIristiS over 70's T&q, Carol Service, Cl]risllllas Fair, these W>Id not have been as successful, all our dedie4ted volunteet3 are cNcial io our outcornes. We celebrated the 40th Volunte¢r Week by holding a'cheese & wine, evening which was attended by many & enjoy. All required volunteer knining accomplished for this year & standard & enhaTrd DBS eertificates obtsined. We wntinue to en¢ournge activities to help rethce isolation & provide many opportunities for volunteering & promoting friendships amongst all ages. We also hold a number of extemal communiry fvndraising evenL$ held on the premises or on our recreation groun(Ls. Page 3 Ashmole& Co.
Aberporth Vlllage Hall attd Reereatlon Ground R¢port of the Tru$tee$ for the YeAr Ended 31 Deeember 2024 ACHIEVEMENTS AND PERFORMANCE Charitable activities After becoming a Charitable Inco4)orated Organisation in July 2022 with a new ¢harity number retaining our Our main aim & achievement for 2023124 WLS to refurbish & rebuild our original 90yr old Village Hall. This wa5 demolished at the end of 2022 due to its age & deterioration. The rebuild known as 'Calon y GnU¢d,Th1eart of the Community was finally remrned to the Trustees in April 2024 we could hold our'soft opening, over th¢ Easter weekend. This was the opporllmity for ¢he public to con)e & visit the new Village Hall with Tntte& cOrdina¢0r & volunteers in attendance to give them a tour of the building & serve tea & cake whilst being entertained by our local male voice choir & our local shanty singing group. Thig soft-openitig of the new Village Hajl Vds very well received by our Ial community & with many positive Comments with Tegards to IL8 size, use of space & the design of the buildiTJg, splendid kn"tchen & impressiye 'Meet & Greev area with its view of the sea. Our local Vicar offered blessings & prayers. 'Changing Places, our fi]IEy aceessible toiletg, will be a huse success. Providing su)Ticient 8pace & equipment for people who arc not ablc to uqe the toilet indq)endently, this is kn extra faeility filled in part by our County Couttcil & our charity. In addition to the acces8ible toile¢s for Independent use. Inbetween our sofi & offieial openings further work vms accomplished as 11 as more people viewing the building & surn>undings. Fire Risk Assessments made & n¢ equiprnent purchased. with all electrical testing completed. We applied successfvlly & Ye1Ved ndIng for our new stage. Our website was updated & redeSId by a volwiteer eventually handed thi5 overto one of ow TTUStees to firtolise. We are now able to use a new iN)oking system where allyone can access the digit81 diary to see when facilities are available to hire with the hirittg agreement. When confmed, dethils are entered & an invoice is generated by out treasuTer. Our new website explains our charity & new facilities with phOtoaphS for all to see. Conts¢t detsi18 given of one of our TNstees & our ¢Oryordinator who tsk¢ responsibility for updates & iDpuL monitor & answer ¢mails, following Social Media & Data Pmtection Policies. Required new licellces were applied for & obtsined for all our Premise. The annual inspection & recon]mendatior madÈ of our Children's Play Area in one of our green open spaces by ROSPA (Royal Society for the Prevention of Accidents) their report infornied that two Llems would need addres%ffiDg. This is a joitit vellre our Comrnunity CounGil to rqjaii & rnainlain the area For use by the children of our community. In one of our car parks our County Council asked to place und¢1 an Eight-ytat liGence two ele¢tric ¢ar Chargers, taking up two parking spaces. this don¢ through solicitors & register¢d. Ill Jull¢ w¢ w¢re visited by the Enwonmental Health Officer to xwct our premises. few small recommendations were nude but a 5-star rnting giv¢ Sound enginee[5 were &8ked to investigate & make suggestions towards our sound system & io ¢onsid¢r licence & noi$¢ pollution reglations. We applied for the Green Flag Award & were suCcessfi for our well-managed green open spaces. Our old Village Ha]1 was opened on the 61811934 by the then MP for the area. Il was agr¢¢d to replicate the original opening with the new ha]1 being officially opened on Tuesday 6th August 2024 by our curreni MP cutting ¢[ttran¢e ribbon prior to all invited funders, guests, i]Uding relalives of pasi & deceascd Trustees, enieriDg th¢ new hall. Photographs were tsken. All were allocaied seats & welcomed, rel¢vant Safety aspecls gone through prior lo short speeches given on how five years previously we had commenced this initiative to pro¢ure funding to rebuild, become incorporated & reIt¢ our governing document, produce dra*gngs & desiw for the new build & comn]i&%iotL varIS prof¢vionals to help us obtain what the wrnmunity had required for over 30yrs. The ¢OJDmunity & all fimders thanked for their donaiions without which none of it would hav¢ be¢n pOlbIt. Our local ]llstorical researcher & designer & member of our lo1 history gn)up put togdher after many months of resear¢hillg, Jjiiiety y¢pts of our ¢harity'S bistory, into inforn)ative & interesting speh & created our l$tOry board, which was then unveiled & ¢omplim¢nted upon by our local & all. Eventtmlly. all framed photograph8 & documents would be Teturne¢L a paper-file plus the Ch1$ re¢ords pla¢¢d onto a bard drAve with all the historical inforn)ation swred so that nothing would be10s1 & whatever leti could be ar¢hive41 at the lo¢al Arehive Centre. We were entertained by a local shanty singing 0up, who thanked the nderS through 50] All were glven a tour of the new hall & refreshments were served. A ¢hildT¢n's tea party for th¢ under ¢l¢veus then followed between 4 - 6pm with entet1aimnent & aft¢Twards by a disco for teenagers between 7-10pm. Door se¢uTity, li¢¢llc¢ requiremeDL¥' & safeguarding considerdlions organised. The ticketed event & progranuMe5 followed the original opening f¢stivities as clos¢ PQSSLI)le. li would be the start of week-lon¥ celebrations including the annual carnival & Dydd lau maWra¢h for the con]munity. The TnteeS thanked ¢veryon¢ who had helped make the sofi & offLcial openi$ a buge swccess & enjoyable events. A Sustainability Policy vas ¢r¢ated & an E¢ology & ArboricultL2re Survey w2)s completed on our open gr¢en spaces. We success11Y applied for a grant towards the cost of an upgrade to OUT boardwdlk nature trail tlwougb the woodland & combining it with sorne woodla]Ld llgement to enhance biodiversity. Primary sch¢)ol children VRSlt the area f 'forest project, expltiring woodlattd habitat & its variety of plants & trees. Page 4 As101 & Co.
Abery>orth Vill8g¢ Hxll Reeretion Ground Report of the Truslees for the Year Ended 31 Deeember 21124 All required mainielthnce eontinued throughoui 2024 on all other facilities including a new ¢¢ntral heating sl¢M for ow other hall, Canolfan Dyffi Centre, solar pa15 inserted Mryth necebsary brackets & Screws required for a double layered galvani.sed roof. Scaffolding hired to inspect, ¢le4n & replace gutteTing where necessary. AnIll1 servicing of fire alamts & extinguishm, PAT iesting arranged for statutory inspections continue. Several requittd reports wetr submitted to our fimd¢rs of progrt%s made & of all new equipment bought for the new 'Village Hall,. The village hall continues to be th eentre of our community for all ages on a regular basis, wlre we feel we provide suppor( facilities & a focal point for our b¢n¢fi¢iaTies. FINANCL4L REVIEW FIDaD¢lAI positio Please see aCcoparI}nB financial statement8. The charity aims 21 all time5 to fund its njnning costs from its iorne. This is obtsIt froffj facility hin"ng4 fimdraising ¢vents & donations given for the we of our ¢ar parks. Principal fundiDg ¥ource5 We r¢¢eived in¢om¢ from room hire, donations to our car parks, fundraising events, suppon for ground maTntenance from our parish council, substantial grants from our County Council, Welsh & National Governments & other fuT]der.%. Reserves pfjllcy The TneS acknowledge that our current reserve is based on ¢lleTht expenditure levels, the amount held shall be no more than £50k & is set at 12months costs. The reason for the higher amouni reserve is that hiring of an area witbin the buildJog$ & Car park facilities generate approximately IOOO/o of our annual incorne & if ixith arew were unabl¢ to Jneet the mollthly in¢ome our amiual income would reduce significantly. Holding a reserve ot 12 rnonths nmning Costs would give the commiitee the till it would ne¢d to fthd suitable replacement hirers or aliernaiive uses for the vacated parts of the facilitiek This figure shall be set every year in a¢¢ordan¢¢ with th¢ pievious yeaes accoullt8. STRUCTURE. COVERNANCE Af4D MANAGEMENT CDvernkng doeumellt The charity is registered as 18 Charitable tncorporated Organisation (CIO) - foundation a[ i$ controlled by its gtsverning do¢ument. Reerultment attd appollltnnt of new trllstee8 Trustees are elecied at the Annual Gener81 Meeting to seThe for a period of 3 years & can be re-elected at end of temi. They can 8erve Lmtil they retire or resign. Management ConlItte, Comprising of Chair, Vice Chair, Seeretary & Treasurer ele¢d annually out of the TnLSW. All are Iwal re%idenLs & have long-terni experience of being a chariiy tnjsttt. Existing tnjstees are responsible for the recrnittnent of t)ew trust¢6s. We aim to select those who are willill8 to help with monaging the Gharity. bring a required area of expertiqe & knowledgk mainwin the facilities & volunt¢¢r at our events. Induetlon *nd trailling of new trllstees New tn]siees vthen appointed arc intr0thed to the charity & given all information recommended by the ChaTiiy Conmiission so they can fvlfjl their Tole. Copies of our governing document, annual report & financial statement are also given with a list of all policies adopted. RelAted p¥rtifS We nTraintain a close relaiiot)ship our local conununity parish council & we have a local council representative who attenLt8 our meetings. We share maintenance of all our gre¢n ¢)p£n spaces (v/hich belong to the charity) within our village community for the use & benefit of the general public. Pag¢ S Ashmole &Co.
Aberyorth Villag¢ Hall Reere#tloD Ground Report of the Trust¢ for the Yekr Ended 31 December 21124 STRUCTURL GOVERNANCE AND MANAGEMENT Rlsk management . A¢hieving our ¢harity airns & obj¢otiv£s according to our governing document & in meeiing the expectations of our beneficiaries. b. Safeguarding the charity & tts assets including staff & volunteews. . Sustaining our finattces & income. d. Minimi.%ing any potentia] negative impact on the charity. e. We require iwo other TteeS which w¢ ar¢ finding diffiwlt to recruit to participate & contribute towards the management of our charity. The Trustees r¢Yiew all the charity's wtentikl risks ort a regular basis, continuing with the risk asse&sments. We have adequale tn8urnnces in pJa¢e & believe that all steps are tsken to ejtsure Any potential risks are kept to a minimum guld by policy & pn)¢edures. REFER£LYCE AND ADMU4ISTrATIVE DETAllS Registered Charity number 1199729 PrRneRpai address Callolfan DyffryL (AVH&RG) Dyty Terrace Coronation Park Aberyortb C¢religion SA43 2EU Trustees M A Harwood Chair J G Holmes Vice Chair A M Oakley Secretary Z M Storer Treasurer R J Coopcr T G L Davies A Mccreary E J Brown B V Green Dmtkny S J Lewi5 S Rogers (apwkinied 22.9.24) G Rowlands {appointed 1.9.24) E Rees (appointed 7.9.24) IndependeDt Examlner A%hmol¢ & Co Manchester House Grosvenor Hill Cardigan Ceredigion SA43 IHY Page 6 Co.
Aberyorth Village Hall and Recreatlon Ground Report of the Trustees for the Year Ended 31 December 2024 REFERENCE AND ADMINISTIL4TIVE DETAILS Soiieltors George Davies & Evans Castle Chambers Green Street Cardiga SA43 IHX Geldards [W Firni {Charity IAW) 4 Capitol Quarter Tall St Cardiff CFIO 4BZ Hvgh Ja]YLes Law Firm Two Centrdl Square Cardiff CFIO IFS Approved by order of ¢be board of trustees on.... ... ................... ..... . .... . . aThJ signed on its behalf by.. A Harwood. Tru$ Page 7 AShrrH> & Co.
Independent ExJminer'5 Report to the TrStee5 of Aberyorth VAllage Hall and Recreation Ground IndepettdeDt examlner's report t• the truste¢s ofAb¢rporth Vlllagt H•ll Reereation Cround I report to the charity trttteS on my examination of the accounts of Aberth Villa8¢ Hall and Recreation Gn)und (tbe Trust) for the year ¢nd¢d 31 December 2024. Responsibilitles and basls of report As the charity truste¢s of the Trugt you are responsible for the preparation of the coUnts in accordatte with the TequIreMet of the Charities Act 2011 ('the A¢t}. I report in respe¢t of my exalnilIOn of the Tnjst's accounts carried out under Section 145 of the Act and in canying out my examination I have followed all applicable Dire¢tions 8Lven by the Charity Commibsion under Section 145{5)(b) of the Act. IndepeDdent examlDer's stattm¢nt I bave coJDpleted my examioation. l confm that w material matter5 bave come to tny attention ID conntttion with the ¢xamina¢ion givin¥ me cau to believe that in atty nmlerial respect.. accounting records not kept in resyect of the TTUSt as required by Section 130 of the Act. or the attounts do not accord with those records; or the acc{Mts do not ¢omply with the ?ppli¢able reqtsiTements conceming the fom) atjd ¢ontcnt of accounts set out in the Charities (Accounts and Reports) RegulatioDS 2008 oth¢r thaD any requirefftent that the accounts give a true and fair view which is not a matler conside] as part of an independent ¢xamination. I have no COern$ and have ¢¢)m¢ wross no oth¢r matters in contlection with the eL8mination to which attention should be drawn in this report in order to enable a proper understanding of the accounts tsTr be reacld. /i/&J] Karl Robcrt Wilcox F.C.C.A. Ashmole & Co Manclmter House Grosvenor Hdl Cardigati Ceredigion SA43 IHY Date= .... Page 8 AshrTK>&co.
Aberporth Vlllage Hau and Recreation Ground Statement of Fillanual ActiThryties for Ibe Year Ended 31 December 2024 Period 20.7.22 to 31.12.23 Total Year Ended 31.12.24 Total Unrestricted Restricted fimd Not4S INCOME AND ENDOWMENTS FROM Charltable aetIiltles Aberptrrth Village Hall Canolfan Dyffr Car Park Donatiolks 11.213 11,564 40,131 156,535 167,748 11,564 40,131 763,384 18,931 37,081 Other trodinE a¢tivi¢ies InveSt¢t in¢om¢ Other incorne 8,996 3.992 8,996 3,992 8.749 2,434 1,351,659 Total 75,896 156.535 232,431 2,182,238 EXPENDITURE ON Ch&rltAble aetlvltles Aberportb Village Hall C8]lf#Th Dyffr>m 47,865 16,390 31,247 20,510 79.112 36,900 31,789 13,802 Total 64,255 51,757 116.012 45,591 TrIET INCOME 11.641 104,778 116.419 2.136,647 RECONCILIATION OF FUNDS Total fillKlx brought fonvard 1,026,175 1,110,472 2.136,647 TOTAL FUNDS CARRIED FORWARD 1,037,816 1,215,250 2,253,066 2,136.647 The notes fomi part of these finwKial s&t¢m¢nts A#hm08 Co. Page 9
Aberporth Village Hall alld Retreitio Ground Balance Sheet 31 December 2024 31.12.24 Totsl 31.1223 Total Unrestricted Restricted Noies FIXED ASSETS TaDgEble &ssets 10 1,058,803 1,143.739 2,202.542 L,871,153 CURRENT ASSETS Lkbio Cash at bank and in hand 1,872 181,992 1,872 254,187 30.117 244,772 72.195 183,864 72.195 256,059 274,889 CREDITORS Amounts falling due within one year 12 (20,710) (684) (21,394} (3.677} NET CURRENT ASSETS 163,154 71,511 234.665 271,212 TOTAL ASSETS LESS CURRENT LIABILITIES 1221,957 ,215,250 2,437207 2,142,365 CREDITORS Atnoullts falling due aft¢r more than 01 year (184,141} (184,141) (5,718} NET ASSETS 1.037.816 1215.250 2.253,066 2,136,647 FUNDS 15 Unrestricted futMIs Restricted fundg 1,037,816 1215,250 1.026,175 1.110,472 TOTAL FUNDS 2253,066 2,136,647 The finallcial $tatents were approved by the Board of Trust¢cs and authorised for issue on 2¢...5hbMart...16L.(... and were signed on its behalf by.. M A Hanvood. Tn¢¢ Z M Stor¢r- Truste¢ The notes forni part of these fmancial tht¢m¢nts Ashmole& Co. Pag¢ 10
Aberporth Village Hall and RttreAtion Ground Cash Flow Statement for the Year Ended 31 Decembtr 2024 Period 20.7.22 Year Ended 31.12.24 31.12.23 Noles Cash flows frorn operatillg aetiv5ties Cash generdted from op¢r4tions Interest paid 185.308 (9,306} 755,182 (221) Net cash provided by operating activitics 176,1N)2 754,961 Cash flows from investing 4ctivitie5 Pur¢h&8e of tangible fLxed assets Sale of intangible fixed assets Interest r¢ceiv¢d (365.965} {1,873,297) 1,351,659 2.434 3.992 Net cash used in investing tiVitieS (361,973) (519204) Cash flows from fJnADclng activitles New loan5 in year loan repaJTrents io year 200,000 {4,614) 11,542 (2.527) Net ¢&shprovided by finallcing activities 195.386 9,015 Change An eAsh and eash equlvaleDts ID the reportlng perlod Cash and casb equivaiellts at the beglnmlng of the reporting period 9.415 244,772 244,772 Cash and ¢aJh equivai¢nt8 at the end of the reportlDg petrfod 254,187 244,772 The notes fom part of these finall¢1 stai¢m¢nts Page 11 Ash1Th> &C
Aberporth VilJJge H811 Ind Recreatlon Ground Notss to the Cash Flow Statem¢nl for the Year Ended 31 December 2fr24 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTivrriES P¢riod 20.7.22 Year Ended 31.12.24 31.12.23 Net incorne for the reportlng pthod (as per the Ststement of Finaneial 110,419 2,136,647 Adjustments for. Depreciation charges Profit on disposal of fix¢d assets Interesi received Interesi paid Decreasel(incre&%e) in debtors Incre&se in creditors 34.576 2.144 (1351,659) (2,434) 221 (30.117) 380 (3.992) 9,306 28,245 754 Net ¢•sh providod by operatlons 185,308 755,182 ANALYSIS OF CHANGES TN NET FUF4DS At 1.1.24 Cash flow Ai31.12.24 Net casb Cash at bathk and in hand 244.772 9,415 254,187 244,772 9.415 254,187 Debt Ikbis falling due wrythin l y&2T Debts falling due after l year (3.297) (5,718) (16,963) (178,423) (20,260) (184,141) (9,015) {195.386) (204,401) Total 235,757 {185,971) 49,786 The not¢s form part of these fllWLcial sthtements Pa8¢ 12 AshrnoleLCo.
Aberporth Village Hall #nd Recreation Ground Note5 to the Financial Statements for the Ye&r Ended 31 December 2024 ACCOtJl¥TtNC POLICIFS Ba$ls of preparlng the financial statements The finan¢ial gtstements of the charity, which is a public baKfit entity undeT FRS 102, have been pr¢par¢d iti accordance with the Charities SORP {FRS 102) 'Ac¢ouniing and Reporting by Chariiies.. Statement of R0MMended Practice applicable to charities preparing their accounls in accordance the Ftnancial ReportiTJg Stsndard applicabl¢ in the UK and Re]wblic of Ireland (FRS 102) (effective l JaDU8ry 20191,, Financial Reporting Stsndard 102 The Fitjancial Reporting Standard applicable in the UK and Republi¢ of Ir¢land' gnd th¢ Chariti¢5 Act 2011. fllJan¢ial stsiemenls have been prepared wider the historical cosl onvention. Income All income 1$ recognised in the Statemetkt of Financial Activaties once the charity has entitl¢m¢Trt kn thc fimds, it is probable that the income will be trceived and the amouttt ean be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constrnctive obligation comnitting the ¢harity to that expenditure, il is probable thal a trdnsfer of e£onoEniG benefits will be trquired in settlement alld th¢ amount of tlLe obligation can b¢ n]ea4ured reliably. Expenditure is ac¢ounted for oll an accrnals b&sis and has b¢¢n Classifi under headillgs that aggtEgate all c05t related to the category. Where costs Catinot be directly attributed to particular h¢adiDgs tbey have b¢ell allocated to activities on a basis consistent with the we of Tanglble fixed 8sset8 Depreciaiion is provided at the following almual rAt¢s ID order to write off eaoh Asset over its 4s¢illted use] Iife. Freehold propety ImprovemenLS to property Fixtttres attd fittings Computer equipment notprovided not provided IOQh on reducing balance 250/0 on reducing balance T*xation The ¢hariry is exempt from lax on ILS Chwitable activilie& Fund oc¢ounting UnTestri¢ted fund8 ean be ed in accoTdallce with the clwithble obj¢¢tives at the discretion of the trnstees. ReStrCted funds can only I used for particular restricted purposes within the obj¢cts of the charity. Restsictii)n8 arise when specified by the donor or when funds are raised forparticular reslricted purposes. Fwther explanation of the nare and purpose of each fvnd is iTKluded in the notes to the finoncial statements. PeDsion costs and other poit-retirement benefIts The ¢barity operdies a defjned contr2bution pension sclKrne. Contributions payable to the charity8 pension heme are charged to the Statement of Finala1 A¢tivitics in the period to which they ttlate. Pag¢ 13 conti sIN1[e &Co.
Aberporth Vlllage Hall Ind Recreation GrouDd Notes ¢0 the Finncil Statements- eollllDued for the Year Ended 31 December 2024 OTHER TRADING ACTtVlTIES Period 20.7.22 Year Endcd 31.12.24 31.12.23 Fundraising events 8,996 8,749 INVESTMENT INCOME Period 20.7.22 io 31.12.23 Year Ended 31.12.24 Intettst 3,992 2,434 INCOME FROM CHARITABLE ACTIVITIES Period 20.7.22 to 31.12.23 Year Ended 31.12.24 Activity Aberpotth Village Hall Abetporth Village Hall AbeOrth Village Hail AbeTrorth Village Hall Aberporth Village Hall AbeApLTrrth Village Hall Aberpc>rth Village Hall Ab¢rporth Village Hall Aberwrth Village Hall ApOrth Village Hall Aberponh Village Hall AberporEh Village Hall Aberporth Village Hall Canolfan Dyffi) Canolfan Dyffi) Car Park Donations Hall hirt Abery VH Recycle bins Donations Wayle2ve Comrnunity fridge grant Cfrgrdinator wages grant CAVO RL¥build granr Garden club grant Hubhub grydnt Hubbub pumpkin grant Stsge grdnt Cynnal y cardi grant Hall hire Callolfan Dirfryn Solar panels grant Car park donations 7,834 29 3,273 77 2,107 24.999 10.500 101.713 25 478 27 5,067 5,000 5,500 741,612 250 5.000 425 8,000 6.000 3,216 11,564 8,931 lQ,O(K 37,081 40,131 219,443 819,396 Pag¢ 14 conti A811rM& Co.
Aberporth Village Hall and Recreation Ground Notes to tht Finthneial Ststements- contlnued for the Year Ended 31 Deeember 2024 CHARITABLE ACTIVITIES COSTS Support costs {see note 6) Direct Costs Totsls Aberporth Village Hall Canolfan Dyt 74,951 36,900 4,161 79.112 36.900 111,851 4,161 116.012 SUPPORT COSTS Governance Fitiance Totals Aberporth Village Hall 321 3,840 4.161 TRUSTEES, REMUNERATION AND BENEFrrs There were trustees, remulleration or other b¢n¢fits for the year ended 31 December 2024 nor for the period ended 31 Decenther 2023. Trustees. expen8e8 There were no trngtees, expeLses paid for ihe year ¢nd¢d 31 D¢c¢mb¢r 2024 nor for the peri1 ended 31 December 2023. srAFF COSTS Period 20.7.22 to 31.12.23 Year Ended 31.12.24 Wages and salaries Other pension ¢osts 20,423 ,508 10.165 745 21.931 10.910 The avernge monthly nurnber of employees dwing (he year was as follows: Period 20.7.22 Year Ended 31.12.24 31.12.23 Hall co-ordinator No employees received ¢molum¢nts in exce6s of £60,000. Page 15 ¢onti &Co.
Aberportb Vill#ge H#ll and Recr(10 Ground Notes to the Financi81 Sta¢¢ment5. Contied for the Year Ended 31 December 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fjjnd fimd Total INCOME AND ENDOWMET4TS FROM Chsrltsble aetlvltles Aberporth Village Hall Canolfan Car Park DonatioLs 530 8,931 37.081 762,854 10,000 763.384 18.931 37,081 Other trading activities Investmeni income Other income 8,749 2,434 1,001.558 8,749 2,434 1,351,659 350,101 Tot81 1,059,283 1.122.955 2,182,238 EXPENDITURE ON Ch#ritsble xetiviti Aberporth Village Hall Canolfan Djffryn 19.306 13.802 12,483 31,789 13,802 Total 33.108 12,483 45.591 NET INCOME 1.026,175 1.110,472 2,136.(A7 TOTAL FUNDS CARRIED FORWARD ,026,l75 1.110,472 2.136,647 TANGIBLL FIXED ASSETS lrnprovetnents Frttld to property property FlureS fitrings equipmeni Tothls COST At l JaDuary2024 AdditioDs 700,000 1,153249 341,807 15,688 18,070 4,360 6,088 1,873,297 365,965 At 31 December 2024 700,000 .495.056 33,758 10,448 2,239,262 DEPcIATIoN At l January 2024 Charge for y¢ar 1,307 2,562 837 2,113 2,144 34,576 29.901 At 31 DeMber 2024 29,901 3,869 2,950 36,720 I¥ET BOOK VALUE At 31 D¢cember 2024 700.000 1,465.155 29,889 7.498 2,202,542 At 31 Decembtt 2023 700,000 1.153,249 14,381 3.523 1,871.153 Page 16 conti niole& Cu.
Aberporth VlllaEe Hall and Recreation Ground Notes to the FinaD¢ial St4tements- tontlllued for the Year Ended 31 De¢ember 2024 li. DEBTORS: AMOUNTS FALLING DUE WITHIN OIYE YEAR 31.12.24 31.12.23 Trade debtOTS VAT 1,872 100 30,017 1,872 30,117 12. CREDITORS: AMOUNTS FALLif4G DUE WITHIN ONE YEAR 31.12.24 31.12.23 Bank loans and overdrafts (se¢ note 14) Taxation ond social UritY Other credito 20.260 3,297 450 380 21.394 3.677 13. CREDITOKS: AMOUNTS FALLING DUE AFTER MORK TIIAN ONE YEAR 31.12.24 31.12.23 Bank loans (see note 14) 184,141 5,718 14. LOANS An 8nalysis of the mati]rity of loans is given bdovr. 31.12.24 31.12.23 Amounts falling due within one yeAr on demand: Bank loans 20.260 3.297 Amounts falling between one al two Bank loans- 1-2 years 19.569 3,297 AEnounts falling due between tlvo and five years: Bank lootts. 2.5 years 164.572 2,421 15. MOVEMENT IN FUNDS N¢t movement in funds At 31.12.24 At 1.1.24 Unre$tri¢ted fuDds General fid 1,026.175 11,641 1.037,816 Restricted funds Restricted fund 1,110,472 104,778 1,215,250 TOTAL FUNDS 2,136,647 116.419 2,253.066 Pag¢ 17 contii A¥niiid8 & Co.
Aberporth Village Hall #nd Rttreatlon Ground r4ote5 to the Finaneial Slatements- ¢ontinued for the Year Ended 31 DLYember 2024 Is. MOVEMEIYT IN FUNDS- CODtinped Net movement in funds, included in the above are as follows: Incominb, Tesourc&s ResoU¢S expended Movement Unrestricted fulld5 General fimd 75,896 (64,255) 11,641 Restricted funds Restricted fiJThJ 156,535 (51,757) 104,778 TOTAL FUNDS 232.431 {116,012) 116.419 Comp*rative$ for movement In funds Net movem¢nt in ndS At 31.12.23 Unrestricted funds Generdl fid 1,026,175 1,026,175 RestrReted fund8 R¢stri¢ted fijnd 1,110.472 1,110,472 TOTAL FUNDS 2,136.647 2,136,647 CompaTatiY¢ Det movement in fithds, ilded ill the above are as follo5.. Resources Movement ¢xpettd¢d in fimds Yesources UDre5tricted funds General nd 1,059,283 133,1081 1,026,175 Restrieted funds Restricted ffijnd 1,122,955 (11483) 1.110,472 TOTAL FUtIDS 2,182238 (45,591) 2.136,647 Page 18 conti ' Aarwvolea co.
Aberporth Village H811 and Recreation Grolllld Notes to the Fin4n¢i41 Stat¢menta- contlnued for the Year Ended 31 Deeember 2024 16. RELATED PARTY DISCLOSURES There were no related paty traThsactions for the year ended 31 DecenTrber 2024. Page 19 A$hmdÈ& C¢k
Aberporth ViJlAgt Hall And Retreation Ground Detai]¢d Statement of Finjnclal Artlvltles for the Year Ended 31 December 2024 Period 20.7.22 to 31.12.23 Year Ended 31.12.24 INCOME AIYD ENDOWMENTS Other trading activities Fundraisillg events 8.990 8,749 Investment Ineome Interest 3,992 2,434 ChaTltable a£tSvldes Hall hire AbeOrth VH Hall hire Carlolfan DyfftyD Recycle bins Donations Carpark donations Wayleave SolarpaneL8 grant Community fridge grant Co-ordinator wages grant CAVO Re-build grartt Garden club grsnt Hubhub grant Hubbub pumpkm grant Sthge grant C)ry]nal y cardi grt 7,834 11564 29 3273 40,131 77 8.931 25 478 37,081 27 10,000 5,067 5,01 5.500 741.612 250 5,000 425 2,107 24.999 10.500 101.713 8,000 6,000 3,216 219,443 819,396 Other iDcome Charity &85et transfer 1.351.659 Total Incomtng resourees 232,431 2,182.238 EXPENDrriiRE Charitable activities Wages PensÉons Rates tnd WAter Ingurance Lighi and heat T¢lephone Postage and stationery Advertisitig Sundries C#rri¢d fonvard 20,423 1,508 733 4,704 14.981 1,327 649 575 1,358 46.258 10.165 745 3,045 6,873 675 958 3,330 25.990 This page does not form part of the statutory fiT]ancial 8tstenttts Page 20
Aberyorth Villa8e Hall and Recreatlon Ground Detailed Statement of Fin8nciI Activitie$ for the Ytr Euded 31 December 2024 Period 20.7.22 to 31.12.23 Year Ended 31.12.24 Charitable activides Brought forwdrd Maiutenance Fundrais'ing ¢xpen¥es Fireworks Comniunity fridge CAVO exp¢ns¢s Garden ¢lub expenses Pumpkin grant wages Hans grant expens&8 Solar panels expenses Improvements to property Fixtures and fittings Conwuter equiptnen( Bank loan intere 46,258 12,471 1,768 2,116 1,572 1,050 60 25,990 6,541 1,334 2,085 821 412 160 180 ,124 ,550 29,901 2,562 2,113 9,306 1,307 837 221 39,888 Support costs Finanee Bak clwges 321 254 Covern*nee costs txgal fees 3,175 665 5,004 445 3.840 5,449 Total Tesourees expended 116.012 45,591 tt Ineome 116,419 2,136,647 Tkn's page doe8 not forni part of th¢ Ststulory financia] statements Page21 Ashmolè & Co.