REGISTERED COMPANY NUMBER: IP30234R (England and Wales) REGISTERED CHARITY NUMBER: 251430
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2023
for
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Ashmole & Co Manchester House Grosvenor Hill Cardigan Ceredigion SA43 1HY
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Contents of the Financial Statements for the Year Ended 31 December 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 to 9 |
| Notes to the Financial Statements | 10 to 15 |
| Detailed Statement of Financial Activities | 16 to 17 |
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Report of the Trustees for the Year Ended 31 December 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The centre operates as a 'Community Benefit' company and is much more than just a village hall. It is a community run centre providing support and services for community development in North Pembrokeshire. Its aim is to offer community resources and a meeting space for residents including facilities and support for start-up local social enterprises and businesses.
The management committee confirm that they have given careful consideration to the public benefit guidance published by the Charity Commission. This guidance has been referred to when reviewing the Charity's aims and objectives and in planning future activities.
Page 1
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Report of the Trustees for the Year Ended 31 December 2023
ACHIEVEMENT AND PERFORMANCE Charitable activities
The financial year end for Canolfan Hermon is also the calendar year end and it has been another busy year for our Community Centre. During 2023 the increase in activities and new users of the centre has allowed us to recruit a new part-time coordinator for the centre. It is great to have recruited Kim Martakie who has made great strides forwards in developing new systems and drawing in new activities.
The range of activities at our community centre spreads across all age ranges with a toddlers group and children's nursery meeting at the site. The activities for more mature people ranging from the local Heritage group and the Glandwr WI. The community centre has taken on the lease on the community shed in the playing field from the community council and then within the shed we have the Young Farmers Club using the space for young activities and then part of the building being used by Frenni Mens Shed. The ballet lessons are going well with Hannah La Trobe every Sunday morning ballet classes at the hall. The Crymych Football club conduct an excellent and well run darts tournament at the hall to raise funds for the club. The football club who had been using the hall as their base have expanded and bought a new club house in Crymych. We were pleased to have helped the club grow and used our site while buying the new club house. Many local charities and community groups use Canolfan Hermon to then raise funds for their charities.
It is wonderful to see the monthly bingo nights return to Canolfan Hermon on the third Friday of the month and raising funds for community groups. The Clych Meithrin at Hermon held several Breakfast Morning fundraisers at the hall and proved very popular with local businesses and residents. The volunteers on the hall committee are very grateful to all those who hire the hall facilities for their private parties, business courses, events and fundraisers. Ruskin Mill Plas Dwbl training rooms hired for their staff, Ysgol Bro Preseli interviewing space with virtual links to the school, John Warlow HGV vehicle training and first aid, Jemma Vickers catering hire of our commercial kitchen. The upstairs Balcony room is rented as the business offices for Craft Courses UK and we are grateful to Kate and the team for choosing Canolfan Hermon as the base for her online business. It is good to report that the permanent office and room hire colleagues employ over 10 people working out of Canolfan Hermon which is a great economic boost to the village.
It was great to see Glandwr WI ladies who hire the hall once a month for their activities developing new community ideas for the area. The Hermon Young Farmers Club also hold meetings at the hall every Monday evenings. The Girl Guides use the site weekly and the Preseli Voices choir have over 50 members and they meet up every Tuesday evening at the hall for choir practice. The Llanfyrnach and district heritage group hold their monthly Wednesday evening talks in the hall. Cylch Meithrin Hermon held their very successful Christmas market in November with many local suppliers attending.
The committee were also grateful to volunteers for applying for a Keep Warm Keep Well grant from PAVS to start a weekly winter meals club. Thank to those who volunteer to give of their time to coordinate the weekly affordable meals club.
The community centre is registered as charity and community benefit society cooperative company and the 150 shareholders that put in money into the development of the community centre in 2007 to help buy the old Hermon primary school ensured that the vision for a modern rural community facility could be achieved. We have seen the site and involvement of local people grow from strength to strength. Photos of the journey taken by the community can be viewed on www.canolfanhermon.org.uk
The committee clinched and important grant during the year from Pembrokeshire Coast national Park under the SDF scheme to introduce a solar battery storage unit to capture daylight energy to then store it for use in the evening to then reduce the running costs for the building.
Some capital work was undertaken during the year to knock the upstairs offices from 3 small offices into 2 larger offices. We have attracted more businesses to hire out the space as it is now more attractive.
The rules and constitution of Canolfan Hermon is available for the members and public to read on the website. The above list of activities demonstrates the demand for our community spaces.
Hire activity
Page 2
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Report of the Trustees for the Year Ended 31 December 2023
Many community and commercial groups have used the community centre over the year to hold a varied amount of activities. There is a comprehensive list above but also during the year we were able to offer spaces and support to those starting and expanding local business for example Jason Redding who started with us in 2023. Teresa Walker also hired a room for Autumn and Winter of 2023, restarting her business as she moved from Narberth. Then Monthly Sound Baths events and the restarting of the Produce Fair allowed us to bring wider numbers of people from within the community together and again supporting the initial start-up growth of local micro businesses. Nant Y Cwm Steiner School also held events within Canolfan Hermon.
Users visiting Canolfan Hermon are very complimentary of the building, the welcome they receive from volunteers. This all provides for opportunities for repeat bookings and spreading the word amongst colleagues for future events on which the community centre relies.
The site now has a part time coordinator and is supported by dedicated volunteers - who work in the office organising the centre's rentals and events, running the bar and ensuring that the outside space is welcoming with plants and flowers. Since April 2017 the cleaning has been undertaken by paid workers providing an excellent service.
Work carried out
The trustees have compiled a Capital Improvement and Maintenance schedule for the building and the car park. Volunteers have been busy maintaining the hedges and weeding the site. Regular maintenance and exterior planting is undertaken by volunteers. Painting and the upgrading of the interior hall and bar area has been undertaken by volunteers. Funding was clinched for developing the old loft of the Victorian building. We continually thank all volunteers involved with the charity.
FINANCIAL REVIEW
Reserves policy
It is currently the policy of the charity to try and maintain unrestricted funds, which are the free reserves of the charity at a level which equates to at least three months unrestricted expenditure in order that the charity can continue to function if current income sources become unavailable. This would hopefully enable the charity to identify other sources of funding.
The results for the year and financial position of the charity for the year ending 31 December 2023 are shown in the annexed financial statements.
The restricted reserves is a direct result of the capital building work for the ongoing work within the centre.
FUTURE PLANS
The building is proving to be comfortable in all seasons. The solar panels and air source heating perform reasonably well, and a sum of over £2,000 was received from the feed in tariff. We expect good results in terms of efficiency. The building was awarded an energy efficiency rating of B - an excellent result for a building of this type. A fuller picture of the efficiency of the building and how to best use all the equipment is being monitored constantly. Our future plans include a loft conversion project of the old Victorian first floor area. Architects are being engaged to look at plans and costings for this enhancement.
There has been considerable interest in the building from other projects wanting to carry out similar constructions - a relationship with other local community venues is developing with hope for more collaborative working in the future.
The residents of Hermon and the immediate surrounding area have been very supportive and have become increasingly active in raising funds and awareness about the building - work continues, with some measure of success, in engaging with those residents who are harder to reach. The centre has been very fortunate in the strong band of volunteers.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 3
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Report of the Trustees for the Year Ended 31 December 2023
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The governing document can be viewed on our website www.canolfanhermon.org.uk.
The company became a registered charity on 14 March 1967.
On 17 May 2007 it was also registered under the Industrial and Provident Act 1965.
The charity is governed by a management committee made up as follows:
Trustees:
Catherine Morley - Chair Bill Davies - Vice Chair Jennifer Thomas - Secretary Melony Richards - Treasurer Roger Howells Sharon Morley Iwan Evans John Morgan Richard Vaughan Eleri George Aled Rees
Advisors:
Cris Tomos - Grants Michael Bossom - Social Media and advertising Eric Thomson - H&S and Security Kevin Phillips - Building Maintenance Chris Monk - Community Activities Emma Baker - Volunteering
Induction and training of new trustees
Most individuals are already familiar with the nature of the centre's activities . New appointees receive support and guidance from their fellow committee members. A new trustee / committee member handbook has been produced to help them.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
IP30234R (England and Wales)
Registered Charity number
251430
Registered office
Hermon Community Resource Centre Hermon GLOGUE Pembrokeshire SA36 0DT
Page 4
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Report of the Trustees for the Year Ended 31 December 2023 Trustees B Davies R Howells Mrs J Thomas Mrs S Morley I Evans J Morgan Ms C Morley Mrs M Richards R Vaughan E George A Rees Independent Examiner Ashmole & Co Manchester House Grosvenor Hill Cardigan Ceredigion SA43 1HY Bankers Lloyds Bank Plc 14 High Street Cardigan Ceredigion SA43 1JW
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ B Davies - Trustee
Page 5
Independent Examiner's Report to the Trustees of Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Independent examiner's report to the trustees of Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ashmole & Co
Ashmole & Co Manchester House Grosvenor Hill Cardigan Ceredigion SA43 1HY
Date: .............................................
Page 6
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Statement of Financial Activities for the Year Ended 31 December 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 3,711 Charitable activities Charitable activities 65,532 Investment income 3 77 Total 69,320 EXPENDITURE ON Charitable activities Charitable activities 52,544 NET INCOME 16,776 RECONCILIATION OF FUNDS Total funds brought forward 139,614 TOTAL FUNDS CARRIED FORWARD 156,390 |
Restricted funds £ - - - - - - 776,053 776,053 |
31.12.23 31.12.22 Total Total funds funds £ £ 3,711 2,305 65,532 50,338 77 5 69,320 52,648 52,544 40,154 16,776 12,494 915,667 903,173 932,443 915,667 |
|---|---|---|
The notes form part of these financial statements
Page 7
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Balance Sheet 31 December 2023
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Stocks 8 Debtors 9 Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 11 SHARE CAPITAL 14 NET ASSETS FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 212,463 3,650 3,366 28,344 35,360 (3,117) 32,243 244,706 (35,566) (52,750) 156,390 |
Restricted funds £ 776,053 - - - - - - 776,053 - - 776,053 |
31.12.23 Total funds £ 988,516 3,650 3,366 28,344 35,360 (3,117) 32,243 1,020,759 (35,566) (52,750) 932,443 156,390 776,053 932,443 |
31.12.22 Total funds £ 991,004 3,500 1,600 42,308 47,408 (2,559) 44,849 1,035,853 (67,436) (52,750) 915,667 139,614 776,053 915,667 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 8
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Balance Sheet - continued 31 December 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. B Davies - Trustee
............................................. M Richards - Trustee
The notes form part of these financial statements
Page 9
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery
- 25% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 10
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
2. DONATIONS AND LEGACIES
| 2. | DONATIONS AND LEGACIES | ||
|---|---|---|---|
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Donations | 3,711 | 2,305 | |
| 3. | INVESTMENT INCOME | ||
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Deposit account interest | 77 | 5 | |
| 4. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Depreciation - owned assets | 2,488 | 3,318 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 2,305 Charitable activities Charitable activities 50,338 Investment income 5 Total 52,648 EXPENDITURE ON Charitable activities Charitable activities 40,154 NET INCOME 12,494 RECONCILIATION OF FUNDS Total funds brought forward 127,120 |
Restricted funds £ - - - - - - 776,053 |
Total funds £ 2,305 50,338 5 52,648 40,154 12,494 903,173 |
|---|---|---|
continued...
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Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - Unrestricted fund £ TOTAL FUNDS CARRIED FORWARD 139,614 7. TANGIBLE FIXED ASSETS Improvements Freehold Property to property development property £ £ £ COST At 1 January 2023 and 31 December 2023 120,000 853,728 7,325 DEPRECIATION At 1 January 2023 - - - Charge for year - - - At 31 December 2023 - - - NET BOOK VALUE At 31 December 2023 120,000 853,728 7,325 At 31 December 2022 120,000 853,728 7,325 8. STOCKS Stocks 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors VAT |
continued Restricted Total funds funds £ £ 776,053 915,667 Plant and machinery Totals £ £ 26,919 1,007,972 16,968 16,968 2,488 2,488 19,456 19,456 7,463 988,516 9,951 991,004 31.12.23 31.12.22 £ £ 3,650 3,500 31.12.23 31.12.22 £ £ 2,712 1,600 654 - 3,366 1,600 |
Total funds £ |
|---|---|---|
| 915,667 |
continued...
Page 12
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
|---|---|---|---|---|---|---|
| 31.12.23 | 31.12.22 | |||||
| £ | £ | |||||
| Trade creditors | 2,713 | 1,678 | ||||
| VAT | - | 536 | ||||
| Other creditors | 59 | - | ||||
| Accrued expenses | 345 | 345 | ||||
| 3,117 | 2,559 | |||||
| 11. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE | YEAR | ||||
| 31.12.23 | 31.12.22 | |||||
| £ | £ | |||||
| Bank loans (see note 12) | 35,566 | 67,436 | ||||
| 12. | LOANS | |||||
| An analysis of the maturity of loans is given below: | ||||||
| 31.12.23 | 31.12.22 | |||||
| £ | £ | |||||
| Amounts falling due between two and five years: | ||||||
| Lloyds bank loan | 30,566 | 32,436 | ||||
| Members loans | 5,000 | 35,000 | ||||
| 35,566 | 67,436 | |||||
| 13. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At | 1.1.23 | in funds |
31.12.23 | |||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 139,614 | 16,776 | 156,390 | |||
| Restricted funds | ||||||
| Property Fund | 776,053 | - | 776,053 | |||
| TOTAL FUNDS | 915,667 | 16,776 | 932,443 | |||
| Net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources |
Movement | ||||
| resources | expended |
in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 69,320 | (52,544) | 16,776 | |||
| TOTAL FUNDS | 69,320 | (52,544) | 16,776 |
continued...
Page 13
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Property Fund TOTAL FUNDS |
At 1.1.22 £ 127,120 776,053 903,173 |
Net movement in funds £ 12,494 - 12,494 |
At 31.12.22 £ 139,614 776,053 915,667 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 52,648 | (40,154) | 12,494 |
| TOTAL FUNDS | 52,648 | (40,154) | 12,494 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Property Fund TOTAL FUNDS |
At 1.1.22 £ 127,120 776,053 903,173 |
Net movement in funds £ 29,270 - 29,270 |
At 31.12.23 £ 156,390 776,053 932,443 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 121,968 | (92,698) | 29,270 |
| TOTAL FUNDS | 121,968 | (92,698) | 29,270 |
continued...
Page 14
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
14. SHARE CAPITAL
Shares are owned by members of the community in the Company.
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
Page 15
Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
Detailed Statement of Financial Activities for the Year Ended 31 December 2023
| 31.12.23 | 31.12.22 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 3,711 | 2,305 |
| Investment income | ||
| Deposit account interest | 77 | 5 |
| Charitable activities | ||
| Office rentals | 11,610 | 10,690 |
| Venue hire | 11,269 | 6,566 |
| Bar sales | 10,710 | 14,960 |
| Feed in tariff | 2,136 | 929 |
| Other | 617 | - |
| PAVS grant | 7,600 | - |
| Moondance grant | - | 7,953 |
| PCC grant | 9,690 | 9,240 |
| Energy grant | 9,810 | - |
| Planed grant | 2,090 | - |
| 65,532 | 50,338 | |
| Total incoming resources | 69,320 | 52,648 |
| EXPENDITURE | ||
| Charitable activities | ||
| Rates and water | 625 | 931 |
| Insurance | 2,338 | 2,043 |
| Light and heat | 8,133 | 5,050 |
| Telephone | 513 | 439 |
| Postage and stationery | 89 | 28 |
| Advertising and events | 256 | 1,109 |
| Sundries | 117 | 132 |
| Bar purchases | 9,148 | 11,504 |
| Computer expenses | 367 | 1,152 |
| Caretaker and cleaning | 3,655 | 1,556 |
| Professional fees | 745 | 3,167 |
| Repairs and maintenance | 7,571 | 4,138 |
| Licences & subscriptions | 509 | 1,199 |
| Catering costs | 6,622 | - |
| Depreciation of tangible fixed assets | 2,488 | 3,318 |
| Bank charges | 457 | 367 |
| Bank loan interest | 2,644 | 1,574 |
| Local loans interest | 562 | 1,937 |
| 46,839 | 39,644 |
Support costs
This page does not form part of the statutory financial statements
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Canolfan Adnoddau Cymunedol Hermon Community Resource Centre Limited
| Detailed Statement of Financial Activities | |||
|---|---|---|---|
| for the Year Ended 31 December 2023 | |||
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Support costs | |||
| Management | |||
| Wages | 5,360 | - | |
| Governance costs | |||
| Accountancy and legal fees | 345 | 510 | |
| Total resources expended | 52,544 | 40,154 | |
| Net income | 16,776 | 12,494 |
This page does not form part of the statutory financial statements
Page 17