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 ¢n￿leeS
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.
Cb*rfty 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 C*tober 2024)
IDd¢p¢ndeDt Ei*mlDer
R W Evan5 Bsc Econ(Horts). FCC& Major4nd Evens, Bull Hous< 15 Penrnllt Str¢eL
MaCh￿Ieth, Po*y& 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 ord￿l￿ble ptllPOX4 and objects at the
dESc￿lOn of the tnL*es, but prinwily ftir cboritsble obj￿t8 wiihin the p2rishes of tsy8aTr¢g 8rMI
Uwchygarreg in th¢ fOrn￿r cO￿ty of Monr8oJn¢ryshit@ Powys, Wales. charity 1$ fill￿ed 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 m￿e during the yc8r lo 3 O￿nIs￿li01￿ The M￿hyn11¢th Music
Club, Delwcnlas Community Centre ￿￿1 GI￿pWIl Ind¢pendent cha￿1.
The financial policy of th¢ cbatity is to keep the capital fund intact and to P￿vide wls oui of in¢c
CWTenl or a￿um￿lated.
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 transfe￿ed 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/(Pa￿cnts)
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 procedl￿e$ 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 .