CHARITY REGISTRATION NUMBER: 216919 Cymdeithas Ddrama Llangefni Unaudited Financial Statements 30 April 2024 PARKER O'REGAN TANN & CO Chartered Certified Accountants Bangor Business Centre 2 Farrar Road Bangor Gwynedd LL57 1 LJ
Cymdelthas Ddrama Llangefni Financial Statements Year ended 30 April 2024 Page Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Notes to the financial ststements The following pages do not forni part of the financial statements Detailed statement of financlal activitles 14 Notes lo the detailed ststement of financial activities 16
Cymdeithas Ddrama Llangefnl Trustees, Annual Report Year ended 30 Aprll 2024 The trustees present Iheir Tgport and the unaudiled financial sta18ments of the chanty for the year ended 30 April 2024. Rerence and admlnlstratlve detall8 Reglstered charity name Cymdeilhas Ddrama Llangefni Charity registratlorn numbor 216919 Prlncipal office Pencraig Llangefni Ynys Mon LL77 7LL Th• twstees EMYT Rhys Jones Anwen Weighlman Llio Mai Caryl Bryn Gethin Llyr Williams Carwyn Jones Garelh Evans-Jones Rhys Parry Lowri Cél Robert Hughes Non Lewis Dofydd Owain Parry Mared Edwards Catrin Lois Manon Wyn Rhys Richards Gwen Edwards (Resigned 11 February 2024} (Resigned 9 September 2023} {Appolnted 11 February 20241 {Appointed 11 February 2024) (Appointed 11 February 2024) (Appointed 11 February 2024) (Appointed 11 February 2024) Independent examlner Craig Steel FCCA Structure, governance and management Governing document The organisation is a unincorporated charity registered on 22 May 1963. The charfty is governed by a constitution which was revised in October 2012 and in November 2018. Appolntmgnt of trust995 The Chairperson. Vice-chairperson, Secretary 2nd Treasurer are appointed for a Iwo year term and re-elected or roplaced at the annual general meeting. The remaining trustees are appointed for one year at the annual general meeting or co-opted by the Management Committee.
Cymdeithas Ddrama Llangefni Trustees. Annual Report {contlnu•d) Year ended 30 April 2024 ObJedv8s and actlvltles The Socielvs principal activity 15 to stimulate and promote an interest In the arts of theatre within th community by reading, studying and pri)ducing plays and similar p6rformances logelher with all ancillary work. Such activities shall be conducted so that work in both the English and Welsh language be equally encouraged. We have referred lo the guidance contained in the Charity Commission's general guidance on publi¢ benefit when reviewing our aims and objeGlives and In planning our future activities. AGhlev•ments and rfOrManC0 The year-ended 30th April 2024 saw a full calendar of activity at the Iheatre, with the reduced use of the theatre durlng the Covid-19 period being a thing of the past. Activity Comprised the theatre's own productions Isuch as the pantomime), productions performed by touring drama companles, and the wider use of the theatre for various communily-based activities. The year also saw the youth theatre organised by Theatr leuenctid Mon (TIM} being held al the theatre for the first lime, together wlth the refurbished bar being open for the full year. A Storm In early 2024 caused significant damage to part of the theatre's roof. Temporary repalrs were immediately undertaken, with a permanent repair bebng carried out later In 2024. Protecting and improving the theatre building's fabric and facilllies remains a priority. Financial roview Total income for the year has In¢ased from £25,754 to £26,711. The expenditure h?s decreased froffl last year from £27,427 to £22.256 and is mainly associated with Ihe costs of produrtions. further inGreoses in energy Gosls together with some investment in the Ihealr8 building. The tru$tee$ are aware that funds musl be maintained to ensure the continued aims and actlvltles of the charity and requires careful management. Rlsk management The Trustees are responsible for the overseeing of the risks faced by the Society. Detalled considerations of risk are delegated lo the Trustees. Risks are identified, assessed and controls established throughout the year. A formal review of the ¢hariWs rlsk management ProsseS is undertaken on an annual basis. Risk is managed under the headings of financial sustainability, Child welfare. even18, and trip5 to other venues. Through the nsk management processes established for the Society, the Trustees are satisfied that the major risks idenlified have been adequately mitigated where necessary. It 15 recognised that systems Can only provide reasonable but not absolute assurance that major risks have been adequately managed.
Cymdeithas Ddrama Llangefni Trustses. Annual Report (¢ontlnu•dJ Year ended 30 April 2024 The tru$lees' annual report was approved on 20 December 2024 and signed on behalf of the board of trustees by.. Rhys Pary Trustee
Cymdeithas Ddrama Llangefni Independent Examinerfs Report to Ihe Trustees of Cymdelthas Ddrama Llangefnl Year ended 30 April 2024 I report lo the trustees on my examination of the financial stalemenls of Cymdeithas Ddrama Llangefni {'the charill) for the year ended 30 April 2024. Respon81bllltleg and ba$1$ of report As the trust?e5 Of the tharity you ar8 responsible for Ihe preparation of the financial slalemenls in accor(lanGe with the requirements of the Charities Acl 2011 ('Ihe t,1. I report In re$pe¢t of my examination of the ¢harilYs financlal statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 14515llbl of the Act. Indepgndent gxamlnerfs statomgnt I have complele<l my examination. I confim that no material mallers have come lo my attention in conneGlion with the examination giving me uSe to believe that in any material respe¢t'. accounting records were not kept in respect of the charity as required by Sectlon 130 of the Act,. or the financlal statements do not accord wlh those records,. or the financial statements do not comply th the appllcable requirements Goncernlng the form and conlenl of accounts sel out in the ChÈrllies (Accounts and Reports) Regulations 2008 other than any requirement that the accounts glve 8 'true and fair, vlew whiGh Is not a matter considered a5 parl of an independent examination. I have no concerns and have Come a¢ros5 no other matters in conn8clion wth the examination to whlch allenlion should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Craig Sle81 FCCA Independent Examiner Parker O'Regann Tann & Co Bangor Business Centre 2 Farrar Road Bangor Gwynedd LL57 1 LJ
Cymdeithas Ddrama Llangefni Statement of Flnancial Activities Year ended 30 April 2024 2024 Unreslricled funds Total funds Total funds 2023 Note Incomo and endowments Donations and legacies other trading activities Investment income Other income 5,632 20,852 227 5.632 20.852 227 10.485 15.061 48 160 Total Income 26,711 26,711 25,754 Expendlture Expenditure on raising funds: Costs of other trading actlvllles Expenditure on charitable activities Total oxpondituro 6,970 15,286 6,970 15,286 11,536 15,891 22,256 22.256 27.427 Net InGomollexpgndlturel and not movomont In funds 4,455 4,455 {1,6731 ReGon¢iliation of funds Total funds brought forward Total funds carried forward 17,125 17,125 21,580 18,798 17,125 21,580 The statement of financial activities indudes all gains and losses recognised In the ygar. All inGome and expenditure derive from continuing aclivltles. The noto8 on page8 7 to 12 form part of these flnanclal 8tatgm¢nts.
Cymdeithas Ddrama Llangefni Statom•nt of Financial Posltlon 30 April 2024 2024 2023 Not? Fixed assets Tangible fixed assets 14 Current a88et8 Slocks Debtors Cash al bank and In hand 15 16 300 347 24,949 18.570 18,570 25,596 Credltor8.' amounts falllng due wlthln one year Not current assets 17 4,021 21,575 21,580 1,450 17,120 17,125 Total a8sets188s current Ilabllltle8 Funds of the charlty Unreslricled funds 21,580 17,125 Total Charity funds 18 21,580 17,125 These financial statements were approved by the board of trustees and authorlsed for issue on 20 Docember 2024, and are signed on behalf of the board by.. Rhys Parry Trustee Th• not•s on pag•s 7 10 12 form part of thes• flnan¢lal ¥tst•m•nts.
Cymdeithas Ddrama Llangefni Notes to the Flnancial Statements Year ended 30 Aprll 2024 G•n•ral infomiation The charity Is a public benefit 8nlily and a reglslered ¢harity In England and Wales and is unlncorporaled. The address of the principal office is Pencralg, LlangefnS, Ynys Mon, LL77 7LL. Statement of compllanco These financial statements have been prepared in compliance wf(h FRS 102, The Financial R8POrting Standaré applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable lo Gharilies preparing their accounts in accordance wth the Financial Reporting Standard ap1¢able in the UK and Republic of Iland IFRS 1021 {CharitlgS SORP (FRS 1021) and the Charities Act 2011. Accountln9 pollcle8 Bas1$ of proparatlon The financial statements have been prepared on the hislorfe21 cost basis, as modrfied by the revaluation of certain financial assets and liabilities and investment propertles measured al fair value through income or expenditure. The financial slalements are prepared in sterling, which 1$ the functional currency of the entity. Golng concern There are no material uncertaSntles about the charitty8 ability lo continue. Judgemonts and key sources of estimation uncortainty The preparallon of the financial statements requires management lo make judgemer)1s, eslimales and assumptions that affect the amounts reported. These estimates and Judgements are corrtinually revlewed and are based on experience and other factors, including expectations of future events that 8re believed lo be reasonable under the circumstances. Fund aGGounting Unroslricted funds are available for use al the discretion of the trustees lo further any of the charity's purposes. In¢omlng rosour¢o8 All income is included in the slalemenl of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The followlng specif1c policies are applied to particular categories of income.. In¢ome from donallons or grants Is recognlsed when there is evidence of enlltlemenl to Ihg grfl, recelpl Is probable and Ils amount can be measured rellably. Grants, including grants for the purchase of fixed asset5, are recognised in full in the slalement of financial aGlivities in the year in which they are receivable. Income from investments is included in the year In whlch It is receivable.
Cymdeithas Ddrama Llangefni Notes to the Financial Statements (cofttinuod) Year ended 30 Aprll 2024 Accountlng poll¢l•$ (¢onUnuod) Resources expend Expendlture Is rewgnised on an accruals basis as a liabi16ty is incurred. Expenditure indudes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities lo which it relates- Expenditure on raising funds includes the costs of all fundraising activities, performances, and non-charitable trading aclivilies. Expenditure on charitable actlvlties Includes 811 costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of ils beneficiaries, including those support costs and costs relaung lo the govern8n¢e of the ¢harity apportioned lo charitsble activitieg. Tangible assets Tangible assets are inttially recorded al cost, and subsequgnlly slated at ¢ost less arby accumulated depreciation and impalrmenl losses. Any tangible assets Garried al revalued amounts are recorded at the falr value at the dale of revaluation less any subsequent accumuloled d&precialion ané subsequent accumulated Impairment losses. Depreclallon Depreclallon Is calculated 80 as to lte off the cost or valuation of an asset, less its residual value, over the useful economlc I6 of that asset as follows: Freehold property Fixtures and fittings Fumiture and c05tum8S over 20 years 25% straight line 25% straight line Stocks Stocks are measured al the lower of Cost and estimated selling price less costs lo complete and sell. Cost inGludes all costs of purchase, costs of conversion and other cost$ incurred in bringing the stock lo ils present location and condition.
Cymdeithas Ddrama Llangefni Notes to the Flnancial Statements (contlnuedl Year ended 30 April 2024 Accounting policies (¢ontlnuodJ FlnancSal instruments A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrumgnt. Baslc financial instruments are initially recognised al Ihe amounl receivable or payable Including any related transaction costs. unless the arrangement conslltules a flnancing Iransaclion, where 11 is recognised at the present Value of the future payments di5Gounled at a market rale of Interest for a slmllar debt instrument. Current assats and current liabilities are subsequently measured at the cash or other Gonsideration expected lo be paid or re¢elved and not discounted. Debt instruments are $ubsequenUy measured at amortIs cost. Financial assets that are measured al cost or amortised cost are reviewed for obje¢tive evidenoe of impaimienl al the end of each reporting dale. If there is obleclive evidenoe of impalrmenl, an Impairment 505s is recognised under the appropriate headlng in the statement of financial activities in whlch the inillal galn was recognised. For all equlty instruments regardless of significance, and other financial assets that are individually $lgnrflcanl, these are assessed individually for impalrmenl. Other financial assets are either assessed individually or grouped on the basis of similar credit rlsk characteristics. Any reversa15 of impairnienl are recognised immediately, lo the extent that the reversal does not result ir) a carrying amount of the financlal asset that exceeds what the ¢arng amount would have been had tho Impalrment not previous5y been recognised. Donations and legades Unrestrlcled Total Funds Unr&slricled Total Funds Funds 2024 Fund$ 2023 Grants Grants recelvable 4,914 4,914 9,488 9,488 Subscriptions Subscriptions 718 718 997 997 5,632 5,632 10,485 10,485
Cymdeithas Ddrama Llangefni Notes to the Flnancial Ststements (contlnued) Year ended 30 April 2024 Olh•r trading activities Unreslricled Total Funds Unrestrlcted Total Funds Fund5 2024 Funds 2023 Sponsorships Bar income Sale of clothing Youth Theatre Theatre hire Wardrobe hire Productions 200 3,406 200 3,406 90 2,148 522 920 655 50 10.676 2,148 522 920 655 1,340 1,340 840 25 15,041 20,852 25 15,041 10,676 20,852 15,061 15,061 Investment Income Unrestricted Total Fund¥ Unrestri¢led Total Funds Funds 2024 Funds 2023 Bank interest receivable 227 227 48 Other Incomg Unrestrict8d Total Funds Unrestricl8d Tolal Funds Funds 2024 Funds 2023 Gain on disposal of langitje fixed assets held for charity's own use 160 160 Costs of other tradlng actlvltles Unreslricled Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bar Producllons 2,703 4.267 2,703 4,267 1,097 10.439 1,097 10,439 11,536 6,970 6,970 11,536 Analysls of support Go$ts B8r and Productions Total 2024 Total 2023 Premises General office Finance costs Accountancy 12.476 1.387 463 960 12,476 1,387 463 960 13,065 1,541 343 942 15,286 15,286 15,891 10
Cymdeithas Ddrama Llangefni Notes to the Flnanclal Statem•nts (¢oniinuvd) Year ended 30 April 2024 10. Not incorn•ll?xponditur•) Nel incomel{expendilurel is staled after Charginty{ed1tlngl'. 2024 2023 Gains on disposal of tangible fixed assets {160) 11. Indwndont oxamlnatlon feos 2024 2023 Fees payable to the independent examiner for.. Independent examination of the financial statements 960 12. Staff Costs The charty has no employees. 13. Trustee remuneratlon and expenses None of the Iruslees have been paid any remunerallon or recelved any other benefits from the charlty durln9 the year (2023.. none). 14. Tanglble Ilxed assets Freehold Fixtures and Furnlture and property fittings costumes Total C¢)st At 1 May 2023 and 30 Aprll 2024 Depreciation At 1 May 2023 and 30 April 2024 Carrying amount At 30 Aprll 2024 AI 30 April 2023 54,439 11,351 66,454 54.438 11,348 663 66,449 15. Siock8 2024 2023 Finlshed goods and goods for resale 300 16. Dobtors 2024 2023 Trade debtors 347 11
Cymdeithas Ddrama Llangefnl Notes to the Financial Statements (contirnlod) Year ended 30 Aprll 2024 17. Cr•ditors: amounts falllng due wlthln ono yoar 2024 2023 Trade creditors Other creditors 587 3,434 520 930 4,021 1,450 18. Analy81s of ¢harltable funds Unr9StriGt?d funds At 30 April 202 Al 1 May 2023 Income Expenditure General funds 17,125 26,711 {22,256) 21,580 Al 1 May 2022 Al Income Expenditure 30 Aprll 2023 General funds 18,798 25,754 (27,427) 17,125 19. Analysis of net assgts between funds Unreslricled Total Funds Funds 2024 Tangible fixed assets Current assets Credltors le8S than 1 year Net assets 25.595 {4,0201 21,580 25.595 14.020} 21,580 Unrestricted Total Funds Funds 2023 Tangible fixed asset$ Current assets Creditors less than 1 year Net assets 18,570 11,4501 17,125 18,570 {1,4501 17,125 12
Cymdelthas Ddrama Llangefni Management Information Year ended 30 Aprll 2024 Tho following pages do not fcmi part of th• financial statom•nt8. 13
Cymdeithas Ddrama Llangefni Detailed Statement of Flnanclal Actlvltles Year ended 30 April 2024 2024 2023 Incomg and endowments Donatlons and 1gga¢ie8 Grants receivable Subscriptions 4,914 718 9,488 997 5,632 10.485 Othor trading a¢tiviti88 Sponsorships Bar income Sale of clothing Youth Theatre Theatre hire Wardrobe hire Productions 200 3,406 2.148 522 920 655 50 10,676 1,340 840 25 15,041 20,852 15,061 Invgstment Income Bank interest receivable 227 48 Othgr inGorno Gain on disposal of tangible fixed assets held for charity's own use 160 Total Income 26.711 25,754 14
Cymdeithas Ddrama Llangefni Detalled Statement of Flnancial Activitles (¢onlinuodJ Year ended 30 Aprll 2024 2024 2023 Expgnditure Costs of other tradlng a¢tlviti Purchases Closing stock Purchase of clothing Advertising Youth Theatre 6,285 300 8,403 522 331 2,280 11,536 125 860 6,970 Expendlture on charitablo a¢tlvltlos Rates and water Llght and heal Repslrs and malnlenance Insurance Other establishment Legal and professional fees Telephone Other office costs Licences and subscrfpllons Sundries Bank charges Card fees 301 5,744 1,604 3,031 1,795 960 899 27 269 194 188 274 679 4,209 4,303 2,630 1,245 942 857 186 299 199 189 153 15,286 15.891 Total expenditure 22.256 27,427 Not Incomel(expandltur•) 4,455 {1.6731 15
Cymdeithas Ddrama Llangefni Notes to tho Dotailed Statement of Flnanclal Actlvlties Year ended 30 April 2024 2024 2023 Costs of othor trading 4divitiOS Bar Bar purchases Bar closing stock 3.003 {300} 2.703 1.097 1,097 Productlons Proéuctions direct costs Purchase of clothing Advertising Youth Theatre 3,282 7,306 522 331 2,280 10,439 125 860 4.267 Costs of other tradlng actlvltles 6.970 11,536 Expondlture on ¢harltablo actlvltles GovBrnance c18 Rates & water Light & heat Repairs & mainlenan¢e Insurance Caretaker and cleaning Accountancy fees Telephone & website costs Postage, printing and stationery Licences and sUbslPt1onS Sundries Bank charges Card fees 301 5,744 1,604 3,031 1,795 960 899 27 269 679 4,209 4,303 2,630 1,245 942 857 186 299 199 189 153 188 274 15,286 15,891 Expendlture on charbtable actlvlties 15,286 15,891 16