PONTYATES MINERS WELFARE ASSOCIATI STATEMENT OF ACCOUNTS FOR HE YEAR ENDED H 2024 CHARITY REGI TRA 8339
PONTYATES MINERS bTrELFARE ASSOCIATION INDE FINANCIAL STATEMENTS PAGE Legal and Alminislr8lNe O•lai18 Trustees, R8p)rt InthpeThlent Exarnlne¢s ReFYt Statement of Fir181 *dlvitl•s Balance Sheet Notes lo tho Finanrial Slateffler
ATES PAINERS TLFARE ASSOCEATIO NO ADMIMI E DETAILS TRUSTEES C11r Evans A Steel J Williams R Rov*land CHAIRMAN Clr Evans SECRETARY D Tlbynas TREASURER Asts REGISTERED OFFICE.. The Welfare Hall Hpxrt y Meinci•J ptyaleS SA15 STR CFL4RITY COMMISSION REGISTRATION NUMBER 228339 BANKERS Bank 21 Slekyw Slre8t Uanelli Cwms SA15 3YD
PONTYAT INERS E ASSOCIATION REPORT TRUS E YEAR 1 MARCH The trustees present thdr report along wilh the financial statements ol the tharity for the year ended 31 March 2024. The finanaal statements have been pYepare(1 In accordance the accountlng policaes 8et ¢x¢ in Note I to the unts. Comlltutlon #nd Obl•ct• The Charlty vrn$ registered under rwmber 228339 3Yh Ortthr 14W arhj w gJvemgJ by a Charity Cc4nml88kn Sceme 89aled 14 J8rMw 2(Ml9. The o'ect ol the tharfty 1$ lo wovide an in8tUte oTrJ rec¥eallcffl wnd for th• beneflt olthe Inhatants of the ar88 In and ar0d the yilLgge ol Pontyale8 aKI arna, partlrajaty Itwt 8xdu8lvelyl those are mernbers ol the MIrt9 commwity. Organlsattonal Stru¢tur• Th8 Iwgtees vtho have served tre d)ty dLwing Ihe y•ar4re shuTr page 1. The trustees have refened to widanc4 uNvfjn by tho Charty Comm18on on publ b8n8fft %th•n Tevie4+ing the charfV8 •'ms and cethi•8 aro sati$fi&J that public t¢n8fi1 requlrem8n15 havg been met. Trustee vacanciès ar& 8dvertiged and kntern8t•d parf105 are 8sk&J to Wty In wrillng. IntvlM vlll bo held and simlable candklats8 are tlw r•)tllled to th&'r rMInalIng tJ bw'ng CISWO or th• NUM South Wales Area. Flnan¢l•l Re¥l•w The charity goneral•d r8tourcè8 kn cwllable appficalbon kn lh8 of £36,24115)23.' £30,628). Total tharttsbl• •xpendSlwe lor amounted to £31.95412023.. £60,694) rosultlrvj In a 8urpluB of £4,287 {2023'. delldt £30,WI. As al the Balance Sh88t dot•, 8¥Ut valua of th• Chanty £319.638 oJnpilBlng ol fixed ats of£302.0 and nel ojrrent a889t8 of £17.578. Revlow of AcUvlll• The effluent opernlion and managefflenl ol ¥lage hall ovw the 2023124 ygar was achleved through proadve duties perfMed by the Tru&ee5. 888iSted by th8 C•r8t8kerlClean8r. The previou5 InstallC ofthe s¢lar )Jnbnues to ftmd8 for ts ho11. Rtrjline seNS$ and malntenance contsnue. Continu&J...
TES MINERS WE FARE $SOCIATION EPORT OF THE TRUSTEES FOR THE YEAR ENOEO 31 IIARCH 2024 CONTINUED R•vl•w of AGUvItI Icontknu•dl The hall users and dubg eontinue lo wovide thelr services to th8 communlty, regular hall users such as Ju-jitsu. lh8 kol ladlès thok- Cth GIannar Glhwdraèth. Scthrts and Guides, Ihe cad Birds Socsety, L([ History Group. CISWO Ladl88 Group. T41 Chl, Book Club, and Summlng Group meet on a weekty b4818. W8 also attract uws suth •$ a PaleS group. Yoga da868s, Men on Mats $g$sions. Band pradicos, knm¥thefapy sessions and a genle exerosè gmup the Local Authoritys Flyng Slart project havlrtg cornmenwl offèrs 8UPPOrt and atie8 to new parents and pre-school chlldren. Br$h Legion slandard bearer pract se$sion$ ojntinue lo b• h•ld rIOdi¢al1y. The We0Y whist drive8 a130 bring in good flnarthl rglum to the hall ac•>Junts. We al80 caterfor birthday and othèr coWJraW parfl08, primary school cone•rt8 w 11 as th8 local Chol¢$ annul Once aw'n it has bgen a C*lIeIrmj year 202>2024. It is to see that aclivltles hav8 relum8d lo the Welfare and that arg w0d0j a valuablg o)mmunity nue to the peopkn of Pontyatss and suThodIng area8. Wo now h>)k fornryrd lo thg 2024r25 y•4r rnnthv8d wifld•nc V•lih th& assuran Ihal we re siitte88fiJl In obtainlng a qulte large grant fijnd from Central Govemmenl ¥th match fundlng 8UPP)rt from Llangyndeym Communty Counril. 80. the ald ol CISWO, we have obtslned grant from Awords Ic¢AII (Nation Lottery). Continued...
PONTYATE MINERS WELFARE ASSOCLATION REPORT OF THE TRUSTEES FOR THE R ENDED 31 MARCH 2024 CON IN Investment Pollcy Thè charity's IiquKI assets have been pkced in interesl tjoarlng bank accounts, thu8 provkling 60me income for the chanty In the fom of interest received whilst keewg Ihe nnieS re8dity available should thay be r8qLFW. R•s•m$ Poll¢y It 13 ihe pollcy ol the trustees lo m8lntaln unrestricted funds ¥thlch are the free reserves of the charity, al a18vel to provide s¢Jffiaent funds to cover anticipated administration and support ¢osls for a pèriod of 12 month8. Any addOnal ServeS are held to provide a capital frjnd for repairs that will be r•quired for the upk••p of lh• premls88. RSsk Manaym•nt The Iruslees are aware g1th& operaknnal and flnandal rlsks 7Athi¢h the charity faces and regulaty review3 those risks to mthgata against any impact they may havè on the ¢h8rity. The trustees are conllnualty looklng for grant fijndkng Ivard8 the upkerf) olthe hall. Amolher arna of r68k is tfU8tee recrLthienl and suc$S1on plannh)g. Trut¢es' Re$ponglbllitles In r•latlon to tho Flnan¢i41 Stat•ments Law appli¢able to cl)artties in England and Wal&8 Ihe Trustees lo prepare fln8nci818talemenl8 for ¥a¢h flnan¢lal year whkh give a tn and falr vkn of the tharity and of the Incomlng SoUrCeS and applicathjn ol re8OUr of the carty forthèt perkjd. In preparfng tho•e finar11 5ts1efflenis th• tru$l••$ ar& rnqulred to.. $ele¢t surtable accounllng poliaes aThJ then appty ihem ConSten.. obsefve the methods and prI[pl&S In the CharltRs SORP., make ludgefnen15 and estlmat&$ tho1 are rnasonable and prudon¢ State wheihef appllcable accountkng $land8rd8 have been folknmed subd lo 8ny maledal departures dlsdos•d and 8xplalne(1 in Ihe financlal statement$.' ppare the flnanaal slatements on th& going ¢oncem basis unkn8$ rt Is knapproprfats to presum& that th• charity ryll ¢onllnue In operatlon. Th• TNslees are also respons19 for keeping proper cOUnt9 re¢wd8 whh dlsdo¥e vhth rea8onable accuracy al any tlmg the Ih)arrial pOSrt of Ihe ¢harty and enable them lo ensure that the flnancial $latgmenls Lx)mpty wth Ihe ChorlJ88 Act 2011. They are also r¥$ponsible for 88feguarding th• asseis ofthe 8nd hence for laking reasonable step5 for the prevenlbn of fraud and olheT Irregularlties. The Trustees are refUl managlng d)aiWs finances and are Sotlsfied that It V4111 be able lo continue lo meet 118 obtigatbjns for the foreseeable fuknre. yl l.q.: /1 ...@ W Tyg8ul Evan• (Ch•li) Date:
EPENDENT EXAMINEifs REPORT TO THE TRUSTEES OF PONTYATES MINERS WELFARE ASSOCIATION I report lo the Tnjstees ¢)n my examination of the aL¥JMJnts of the above named Chanty {regislered . 2283391 IOT the year eTrJed 31 March 2024, set out on pages 6 to 9. Res $lbllllies and basfs of re As the chanty trustees you a reswnsitrle for the preparaiion of the aCCOLmts in ac£¥)rdance with the r8quiremgnts of th8 Charitie¥ Act 2011 (the Ad). I roport in respect Of my examinatb)n of Tr Twstees, attnIS carried out under sectron 145 of the 2011 Act and in Carn9 Out my exam1nats.l I have follwd all applicatile Dyectsons glven by the Chanty COMMon undw se¢on 145ISI(b) of the 2011 ALX. Ind xamlners S t¢ment I have completed my examination. I confirm that no material matters have com& lo my attèntitsn in ¢onnection with Ihe examination giwng me ¢8use lo believe th81 in any material respect.. 111 accountsng record8 not kept in resp8Ct ofthe Chaiity a$ required by s8don 130 of Ihe a¢t.' or 121 Ihg accounts do not accord wlth those records.. ¢ {31 the accounts do not Clynpty vnth the ap1¢able requirements nCernIng the fom and conlonl ol accounts set out in the Charibes IAccg)unls and Rgportsl Regulatws 2008 other Ihan any Tequiremenl that the a¢nIS glve'a truè and fair vie# vthith is not a matter ¢x>nsidered as part of an independent examinalty. I have no conw$ and have c4> aLY058 no other mottef8 In C1)nn&#i1 with the examlnalion lo vthith attention sh¢Juld be dran In this report In ordw to enable a prtsper undgrstandng of the ooxunts lo be reathed. J Wallagè FCA On bèhalf of CISWO (frading) Lld The Old Rectory Recaory Drive Whi8lon Roth8rham 4JG
PONTYATES MINERS WELFARE ASSOCIATION MENT OF FINANCIAL ACTvdmES FOR THE YEAR ENDED 31 AIARCH 2024 Total 2024 2023 Com SWMTF Grant National Grid Communty Matters Grant Natlonal Grfd Energy D Llangyndeym Grant Wllllam$ Brovm Hlll Grant Covid Grant (CO0ction) Donallon8 R*ntsl- Library 8 offi¢6 Communlty Cofé gnd Hall Hif• Whlst DrNa Feed In Tarrff 1,000 3,600 10.0ty) 800 14,9251 140 4,000 19,843 3,651 2,519 50 5,200 12,816 3.853 2,722 Total In¢om• 36241 30,628 ond Dlr•ct Charftabl• Exp•ndlture: Warm Meals Provided Rent, Ratos and Waler In3urAnc• Caretakers and Cl8angr3 Wogej Heating and L¢ghting Repalrs and Renewals Cl•aning M#lerial$ and Refuse Oepr¥cl8tbn Sundry I,SOO 742 2,518 6,184 15,857 28,082 2,455 2,410 1,198 2,828 9,448 4,780 2,236 AdmIn1•tra Accountan Telephone 461 483 503 Total Exp•ndllurn 31.954 80.694 NET INCOMe i {EXPENDmJREI FOR THE YEAR 4287 130,0681 Fund Balancas at 1 Aprfl 2023 315.351 345.417 Fund Balances at 31 Mareh 2024 319.638 315.351
PONTYATES MINERS WELFARE ASSOCIATION LANCE SHEET AS AT 31 IMRCH 2024 024 FIXED ASSETS Land and Buifdlngs Furniture and Frttings Solar Panels 2&2,814 14,078 5.368 282,814 15,642 6,040 302,0 304.296 CURRENT ASSETS Debtors Cash at bank 2,720 17,S22 14,580 20.242 17.1fxJ LESS: CURRENT UABIUTIES Cr8dhor8 (2.664) 16.0451 NET CURRENT ASSET8 17,S78 11,055 NET ASSETS 319.638 315,351 UnresM¢tad FK18 319.636 315.351 319.838 315.351 Approv•d ty th• Trte W Ty••ul EvanB
PONTYATES MINERS WELFARE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 AIARCH 2024 ACCOUNTING POL1 The fthanry8181emwtts are wep¥ed urth ts historlc t>)8t convenb'on ur4ess otherwise stated in Ihe relevant notgs lo these axt3. The finanaal sternls have boen yepared in accordance wth the Stat8ment of Recommen Pracce' Acuyjntirg and Rewrting by Ch8rilie$ IFRS 1021. the Finar¥ial Reportiro Standar¢J IFRS 1W21 and Charibes Act 2011. The Irusteee$ con8lderthat we materfal urt•tsinties the abitity to continue as a gcin9 o)rKem. trustees have a reasona8 exF4d"on that th8 charity has adequate r&seN88 10 o)nlinue in Operatial existence lor the foreseeable future. Awdingly the tfustees lo &Jopt the goin9 C4Jrwn basis in the FKeparation ol acrAJunts. b. Incom• R•cognltlon Income IB reojgnised the Chalrty IHS entiuemenl to the Incg)me, it 1$ pyobable that Iho In¢om• wll be receNed and thg amcwnl of wKome 1vae can be measured reli8y. exndS1Ure recognltlon Liabilibes arg r8cogn15ed as eXndra sow as trre18 ¥ legal o)nstrucllve obllgation e4)mrnitdng the tharity to that exp)ditwe, il 18 wobthe Ihat wlllemenl wll be Tequir&J and th& arnounl of th• oblKJalitin be m••ureil rdl8bty Al exKThJlknrè18 accounted lor an a¢enlS ba818. d. D•pr•cl•tlon 11 is th& poly ol the trustees b rn8lnlain th• cbarWs freehold prop8rty In a cwJnultvJ stsle of reason8b repair and Ilw consJer that in wew of Ihe exp8cted Tesidu81 value it Is not nttessary to wcwid8 fry depw¥bon of Ihe laTrJ arvj t)uibJlngs. D•pr¢c48b provided on fixed ats in rrtder to lte off ts cost of those assets ov•r Ihelr exed eoJrtsJmK Uves. The fates of d8wgo"ation used are... Land and Buihjings Fumiture and Flrflrvjs Sdt pa 10% Reduong BaTr 5% Straght Li Basis
PONTYA ERS WELFARE IATM)N NOTE O THE ACCOUNTS FOR THE YEAR ENDED 31 CH 2024 FIXED AS Land & F mishin ui Total Co Al 1 Aprll 2023 Additions 282,614 13.428 40.9)1 336.943 At 31 March 2024 282,614 13.428 40.901 336,943 At 1 Apdl 2023 Charge for Year 25,259 32,647 2,236 Al 31 Marth 2tr24 26,823 34,883 Al 31 Marth 2024 282.614 14,078 302,060 Al 31 March 2023 282,614 15.842 304,298 DEBT Feed In Tariff Insurance 2,400 120 120 2,720 2,520 ED Accountan Reluse and Cleani Water Rate¥ SWALEC 271 180 140 4,817 1.259