tered Chari Number: 229334 GARTHGWYNION CHARITIES REPORT AND FINANCIAL STATEMENTS for the Year Ended 5th A ril 2024
GARTHGWYNION CHARITIES Contents Page Report of the ¢nleeS Receipts and Payments Account Statem¢nl of Assets and Liabilities Independent Examin¢r's Report
GARTllGWYNION CHARITIES Trnstttj Re rt for tb¢ Y¢Ar Etsd¢d 5tb A ril 2024 The InL8tees are ple8sed to Pf5eJ]L theirreport togdherwith the st#aJents of the for the year ended 5th April 2024. Cbrfty Dets115 Name: GArtbgwioD Clwiti Regist¢r¢d CbarityNumiYr. 229334 Prits¢lpl Addrels 9b Math8m Roa4 E•st Mole5ey, Sutrey KT8 OSX N#DJU olTrD5te D R O Wa]ters R M Lochid4)weD S M L AJKleTson (apw)iJM¢d 29th Ctober 2024) IDd¢p¢ndeDt EimlDer R W Evan5 Bsc Econ(Horts). FCC& Major4nd Evens, Bull Hous< 15 Penrnllt Str¢eL MaChIeth, Poy& SY20 8AG Governitig Do¢um¢nl The chwity is constitu¢¢d by a deed of tnL4t dfited 8th F¢brugry 1963. Objeetivu nd Activitles Th¢ object of the ¢hwyty is to mak¢ payn¢nL8 for th¢ benefit ordlble ptllPOX4 and objects at the dESclOn of the tnLes, but prinwily ftir cboritsble objt8 wiihin the p2rishes of tsy8aTr¢g 8rMI Uwchygarreg in th¢ fOrnr cOty of Monr8oJn¢ryshit@ Powys, Wales. charity 1$ filled by its own investments. Th¢ trustees have complied with theirduty to have given due ]Eg8rd to thc Chariiy Commi&qion's 8eneTal 8uidartt on public benefii when Teviuwing the chaTitls aims and obj¢ctivas and ID planning its future aGtivAti¢s. In the year ¢Dd¢d 5th April 2024 the inc4)DJ¢ received by the chRtyty amounted to £65,562 and there w¢re administrative exp¢1 of £14,559. ChariLqble payments ofa915 were me during the yc8r lo 3 OnIsli01 The Mhyn11¢th Music Club, Delwcnlas Community Centre 1 GIpWIl Ind¢pendent cha1. The financial policy of th¢ cbatity is to keep the capital fund intact and to Pvide wls oui of in¢c CWTenl or aumlated. The d¢clare Ihal thry have apwved the tTusfr¢s' TryWrt abov¢. D R O WaJt¢rs 'rrustrt. on behaif of Garthgvrynion ChaTiti¢5 DAIC
GARTHCWYNION CHARITIES ndPa ents aceounts f r the Year Ended 5tb A ri12024 2024 2023 Income Fund Receipts Investment Income.. Interest on Deposit with Stockbroker Dividendsllnterest from Quoted Securiti¢s 1,258 64.304 65,562 429 56,824 57,253 Py4yments Grants paid lo Charitable and Other Institutions Independent Fxaminer's Fee Mis¢ellan¢ous Administration Clwges 2,915 1.740 62,495 870 194 4.655 63,559 Net Receiptsl(Payments} Cash Funds at Start of Year 60,907 (13,036) (6,306) (6,730) Cash Funds at End of Year 47,871 (13,036 Ca ital Fund Receipts Pmceeds of Sales of Investment Assets 660,614 248,625 Payments Purchase of Investment Assets Accumulation Dividends transfeed to Income Fund Excess Income Interest transferred to Income Fund Investment Management Costs 649,902 1,172 295.476 476 1,534 13,058 12,819 663,904 310,544 Net ReC¢Ipts/(Pacnts) Cash Funds at Start ot'year (3,290) 59.220 (61,919) 121,139 Cash Funds at End of Year 55,930 59,220
GARTHGWYNION CHARITIES Slatement of Assets and Liabilities as at 5th A ril 2024 2024 2023 Bank and Cash (Income Fund) Cunent Account Deposit with Stockbroker 54,582 (6.711) 8,836 (21.872) 47,871 13,036 Bank and Cash (Capilal Fund) Deposit with Stockbroker 55,930 59,220 Total Cayh Balgnces 103,801 46,184 Liabilitie5 Independent Examiner's Fees 870 1,740 Investments Quoted Sccurities - Market Value at 5th April 2,033,035 1,948,143
Inde eDdeDt Examiner's Re ort to the Trnstees of Garth for the Year Ended 5th A ril 2024 nion Charities I report on the accounts of the twst for the year ended 5th April 2024. which are set out on pag¢s 2to3. Respeelive Responsibilities of Trustees and Examiner The cliarity's trustees are responsible for the preparation of the accounts. The charlty's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 {the 2011 Act) and that an independent examination is needed. It is my responsibility to . examine the accounts under section 145 of the 2011 Act . to follow the procedurcs laid down in the general Directions given by the Charity Con]mi5sion under section l45(5){b) of the 201 l Act . and to state whether p8rticular matters have come to my attention. Basis of Independent Examiner's Report My examination was carried out in acwrdance with the general Directions given by the Charity Commission. An examination includes a review of Ihe accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual ifrms or disclosures in the accounts, and seeking explanation5 from you as Érustees concerning any such matters. The procedle$ undertaken do not provide all the evid¢nc¢ that would b¢ required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and th¢ report is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my ¢xamination, no matter has come to my attention . (l ) whtch gives me reasonable cause to believe that in any material respect the requirements .' to keep accounting records in accordance with scction 130 ofthe 201 l Act. and to prepare accounts which ac¢ord with the accounting records and comply WAth th¢ accounting requirements of th¢ 2011 Act have not been met ' or {2) to which, in my opinion, attention should b¢ drawn in order to enable a proper understanding of the accounts be reached. R W Fvans Bsc Econ(Hons), FCCA Major and Evans, Chartered Certified Accountants, Bull House, 15 Penrallt StTeet, Machynlleth, Powys. Date .