CHARITY NUMBER 501671 RHYL MUSIC CLUB ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
RHYL MUSIC CLUB YEAR ENDEO 31 MARCH 2025 CONTENTS Page Tmstees Report Independent Examiners Report Balance Sheet Stat8ment of Financial Activities Notes to the Accounts 5t06
TO THE MEMBERS OF RHYL MUSIC CLUB YEAR ENDED 31 MARCH 2025 Page 1 TnAt••#' r••pon•lbllltl•• statom•nt- unlncorpor4t•d charfty or CIO The trustees ar• respons1• for preparing Truste•s' Annual Report and the fin•nti•l slalemonts In 4ccoTdanc4 wilh appllcable law ar United Kingdom Accounting Standards (Unrted Kingdom Ge1ra1 ACpIed Acwunlirg Pracaicel. The law applicable to chariti8s in IEngland & waleNOrthern Irelandl requir•$ thè trustses lo prepare fin8nrAal $tstsm8nls foi each finan41 ar whh give a true arKI fair VVIW of the 8t81• of affairs of Ihe charity and of the incoming r•sourcth and applicatn of r•8ourw of thanty for that period. In prnparlng thésg financial stolwnents. the trustees are roquir•d to.. sew suitablo accounting Pol and then appty them conJ18tenty'. ob•¢MI th8 methods and principles in the Chall$ SORP 2019 (FRS 102)., m•k• judgwnonls and Mtimat•s that r¢ T?0nble and pnJd•nt'. stalo wholher applicable accounting $taNlards bn folknwAI. •ubJ•ct lo any m•tèril d•portur•s di•doMd and •xplain•d in tm financial statements.. Prepare th• fin8nci81 stat•m•nts on 4fig Conc ba•kn unles8 It i• inapproprlate lo prn•ume th•¢ th• charty wll continue in operatn. T tru81•ts ar• rnspon$ibl• for k••pir4J pmp•r accountiNJ r•cord$ th•1 disch)se ryth rna•on•bl• •c£ur•cy at Any time tho fin8ncl•l PO8itlon of the charity ond On4b them lo •nsur• th•t thè finan(xal stal•ments comply with the Ch•ri¢$ Act 2011. thè Chaiitios (Accounts and Reports) Rogul¥tion8 2C and thè provisn5 ol the twsl deed. Thoy am alw r•spOnSib for SAfeguarding Ih 8Met8 of th• th•rity and lor taklng rnasonlbbè steps for th• pr•v•ntion and d•1•(*) of fr•ud and oth8r irrngu1arits. T r•gl¥i•r•d charlty nUMr kn 501871 Th• Tru•t••• rying durlThJ year and •lnc• 1 April 2024 •r• •• follM'.- Mr D Lavln ICttalrni•n) Mr D Gannon ID•c••••d M•y 2024) Mr B Churchill Mrn E Parry-Jon Mr S L••der Mr R Ad•m• Ms L Davi•s MrGPa Mf D Hortey Ms A Mak•y•c•
INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 MARCH 2025 Page 2 TO THE MEMBERS OF RHYL MUSIC CLUB Wo report on tho accounts of th• Club lor t1 year onded 31 Marth 2025. which are Mt out on paga8 3 10 6. R•8paclv• MpoMlbllttl of tru•to0• and 0xamln•r. Th• Irustws arn rnspon8ibl• for prw1atTh ot t attounts. The Trustees ¢onswJef that an audit is not required for this year under ti•(on 144(2} of th8 Chafltlos Act 2011. (the 2011 Artl and that an independent examination is needed. 11 is our respon81bllity to.. - •xamin• tm accounts undor saction 145 of the 2011 Art: - to foll the procèdurns la dtr4m in th• 9onèral Dirffaitins gpmn by the Charity Commmlon und•f S•Ction 145{5)Ibl of thé 2011 A(a'. and - to slate whèthèr particular m4tt•rn haw ¢(wr to our •tt•nth)n B•l• of Indopondont •x•mln•e• •tatom•nt Our •xmin•litin was ¢•rri•d ¢)ut in •¢¢oTd4nc• with tho g•n•MI dir•#ion giTr by th• Ch•rity Commis8lon•rs. An axaminatn indud•• 4 of tho •¢countirKJ rèo)rds k•pt by th• ¢h#rity •rwJ • (parv00n of accounts plnted with th0 r•¢ord$. It •l•o In¢ludM ¢on8id•rntion of •ny unu•u•l it•m¥ or disclo¥ur•s in Ihe •cunIs. and king •xplanotionJ from the tru•t••• rA>nc4ming •ny Ju¢h mattern. Th• prowlur•s und•rt¥ken do nol provKI• all the evonCe Ihal V•rukl be r•quir•d in •n audit, ¥rKI nuntty no opinion 18 gN•n as to wh•th•r the aco)unt• presenl 8 Irue and tsir and report is limrtod lo Iho¥e matters s•t out in th• slatement below. Ind•pondent oxamln•rf• •tatem•nt In th• rA>ur¥e of our •x4mlnallon. no mattor has com• to our attentknn .' {11 which givgs u¥ Teasonablo rau io bo1 that in. any mllerial MW. th• tru•t••• tt4v• not met th• f•quifom•nt• to •n$ur• thot prowr a¢untIng r•cord• •rn kept (in ¢0(danc• with J•c*ion 130 01 the Ch4ritl•$ Act) And accounts are prap4r•d l)i¢h •th)rd with lh• 4¢counting r•¢0$ and compty wlth the accounllng rnquirnm•nt• ol the Charttles Act, or 12} to tpthi¢h. in our opinion. •tt•ntion should be drawn In ord•r to eTrab a proper und•rnt•ndinq of Ihe •¢counls to bè r••ch•d. SAGE & COMPANY BUSINESS ADVISORS UMITED CHARTERED ACCOUNTANTS 07 MAY 2025 102 BOWEN COURT ST. ASAPH BUSINESS PARK ST. ASAPH LL17 OJE
Page 3 TO THE MEMBERS OF RHYL MUSIC CLUB BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Flx•d Tangible assets 10.(M)O 10.(0 Total Flxod Assets 10.C 10.( Inve8tm•nts General funds Mèmorial fisnds 304,827 3,799 199,999 3,776 308.626 203,775 HSBC Cash in hand 08btors 24.301 26,367 145 amounts falling due wrthin one year 24.321 26.512 U•bllltl•# . amounts falling du8 Wbthin one yèar N•t Currnnt Asuts 23.631 25.822 342,257 239,596 Funds Restricted Restn"cted Piano and Musical Instrum¢nt Unreslncted 3.799 4.409 292.458 189.187 342,257 239,596 The notes on pages 5 to 6 fom) part ofthese acc*unts.
TO THE MEMBERS OF RHYL MUSIC CLUB Pa9• 4 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Tol•l Unr•¥trlc10d RMtrict•d Fund• Funds Fund¥ 2026 Total Funds 2024 Incom• and Exp•ndltur• Incomlng Rosourc•8 Mbe subscriptions Members donalsons Legacies receNed Sponsorships.grants and subyxlies T81 sa8 Refreshments Programmes Raffles AdrtiSeMent sales Painting auctioned Irwestment income Increaselldecrease) in value of investmnts Piofft on le of CtY$ Gift aid 6.989 1,932 120.083 6,989 1,932 120,083 7.069 2,703 120,000 837 1.653 142 91 121 4.828 121 4.852 113 12.309 24 624 Total Incomlng R•vJurco8 137.461 24 137.485 145.541 R•source• Expended Artists fees Artists exp•rw8 Hire of hall Piano expenses Printing, postages. Stationery and adverts Othèr Admin {web$ile) Sponsors Accountan Pélaking mLbSiC insurnn Award to musician Arts & business fee Bank charges Officers expenses & h¢)noraiia Soaal account cost8 Depwati¢>n 16.275 2.795 4.155 16.275 2,795 4,155 1.114 1.597 2.283 4.800 11.678 2.607 3.892 420 1.597 2,283 1.438 672 449 150 73 131 70 70 Total R8sour¢•s Exp•nded 34.824 34.824 26,870 N•t Inc¢mlntylOutyolng} R*Jourco• 102.637 24 102,861 118.671 A¢cumulatod funds brought forward Transf•r to Plano and Muslcal Instruments 189.821 49.775 239.596 120.925 Ac¢umulat•d funds rnrrl•d fon¥ard 292,458 49.799 342.257 239,596
Pago 5 TO THE MEMBERS OF RHYL MUSIC CLUB NOTES TO THE AGCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 1. Accountlng Pollcl•s la) Bosis of preparation The accounts have been prwred undér th• h1011¢•1 cost nntiOn loxt that in¥es¢mnts shown at mathel valuol The charity has L9k•n advantagè of tho fjxemptn in Financial R•portiNJ Standard No 1 from tho rnquirnmmt lo products a ¥hI1(l $tstem•nl i)n the grounds that is A small charity. Thè accounts have baon prepared in accordan with applic4blo accounting standards. the Stat•m•nt of Rocommendod Praclir applicablg to charities preparing accounts in aceordrbr wilh the Fin•nci•l Reporting Stsndard applicabkn In the UK and RèpublK of Ireland {FRS 1021 . bl Fur¥Js •mployad Funds employed ar• exp•rd in th• furthorane• of obJ'Kts of I club. R•strithd incom lund• •r• u8•d in the fvrtmrancé of me •8port of thow o14•a¥. {Gl Depreciation DeprWatn is provided to wrlte off the o)st Ioss •8thn8ted residual valw$ of ffixwj ass•ls o¥•r thelr exptsd Uful liv•s. It 18 c•lculatsd on the orvJinal cost ol thè assets at the lolbwng ral•s .' Equlpment 20% r¢du¢irKJ bOlK• (dl Grants Incomè from don•iion8 and gT•nts. induding capit•l •mounls. is indudod In IrKwilThJ rnsourcas when th• ar• rnGfjbv8b. Wh•n d¢)nor• spwfy Ih•l donations •nd gr•nls, induding c•pit81 •mount•, ar• for p4rticaJLqr mlrithd purposes which do not amount lo pr•-condrtion8 r•g•rding entillwnenl. this income 1$ Indud•d In Incomlng r•$our¢¢$ of reslrictod fvnds wn rnc•ivobkn. lel Trus1•è8 Nonè ol thé Truit••s I•1¥10 any f•mun•rnlK)n or b•n•fft¥ frtyn tt• th4rty duriry th• •r. lfj Employms There were no p10yS durir4J th• )•r. Igl Relot•d p•rty tr•n8•cllon• There wre no dl8closabl• related party tr•ns•clions duriThJ the y••r12o2rn0) 2. T•nglbl• flx•d aM•ts Pb•no Equipmenl Totsl Cost At 1 Aprll 2024 10.0(K) 8.859 18,859 At 31 March 2025 10.¢JXI 6.859 16,859 DepMci4tion At 1 Aplll 2024 Ch•rg• in y••r 6,859 Al 31 March 2024 6.859 6,859 Net book value At 31 March 2024 10.0(KI 10,0fy) Al 31 Marth 2025 10.1))O 10.000
Page 6 TO THE MEMBERS OF RHYL MUSIC CLUB NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 2026 2024 3. Investments General fvnds al valuation= C.A.F. Equrty Growth Ifofmerty Balancod Grv•Ah) CCLq Dèposit Fund CCLA Gknbal Equty 32,938 225,360 46,529 34.008 117,600 48,391 304,827 199,999 Mgmorial Funds al valuation= CCLA Fixed Interest If0erty lknrcury Assets) C.O.l.F.Fixed interest 2.295 1.503 2.237 1,S38 3.798 3.775 4. Currnnt A•Mts - •mounts talling du• wlthln one y Debtorn 5. Ll¥blllllM - amounts tslllng du• wlthln 4)n• y••r Other credltors . Fund• •mployod 8alance Balanr l Apnl MoVnt in Rèsourtes 31 Mar 2024 Incoming OLrtg(Hng 2025 Restricted fvnds Muriel Lewis Memorial fvnd Mary WooleCk Memorial fund 1.538 2.237 2.295 3,775 3,799 Piono and Musical Instrument r1 Unrestricted fuThJs 189.821 137,461 34.824 292,458 239.596 137.461 34.824 342.257 Fixed 5nvest ment Nel Current Total Restricted funds Piano 4rKI Musical InstNments funds Unrestrided lund5 3.799 3.799 10.000 268,827 23.631 292,458 10.fM)) 308.626 23,631 342,257