Ffestiniog Communlty Association TIA Canolfan Gymdeithasol Bro Ffestiniog Report of the Trustees and unauditsd flnancial statements For the year ended 31 Mar¢h 2025 Reglstered Charlty Number: 502456
Ffestlnlog Communlty A880ciatlon TIA Canolfan Gymdeltha801 Bro Ffestlnlog Contents Page Legal and adminlstr8tive infomiatton Report ofthe Trustees Report of the Independent Examiner Statement of Flnanclal Acttvitie8 Balance Sheet Nol68 to the flnan¢lal statements
Ffestlnlog Communtty Association TIA Canolfan Gymdeithasol Bro Ffe3tiniog Legal and admlnlstrative infomiatlon Registered Charlty Number. 502456 Tru8te Robert GI Danie18 Ann MeiTiona Coxon Geraint Wyn Parry Prfnolpal addres8 Canolfan Gymdeithasol Bro Ffestiniog Ffordd Wynne Blaenau Ffestiniog Gwynedd LL413UF Independent Examlner D E Thomas J Uywelyn Hughes & Co Chartered Accountsnts Ty'r Bont Llanrnst LL26 OEY
Ffestiniog Community Association TIA C8nolfan Gymdeithasol Bro Ffestinlog Report of the trustetss for the year endod 31 March 2025 The Irustee8 present their r8POrt with the financial statements of the charity for th8 year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practi¢e applicabl8 to chariti8s preparing their accounts in a¢cordanee with the Finandal Reporting Standard applicable in the UK and R8public of Ir81and (FRS 102) (Effective 1 January 2015). Constitution and objects The Charity is govemed by the revtsed constitution of 7 October 2002 and aims to provide a servic8 to the community in the urban district of Ffestiniog and the neighbouihood. Summary of main aGtivilles The centre provides facillti8s for edu(xtion. training, arts, culture, sport and recreatlDn for people of all ages wlthin the community. Publlc benefit The trust8es confirm that they have complled wtth their duties as set out in Sectlon 17(5) of th8 2011 Charilles Act to hav8 due regard to the Charlty Commisslon's general guidance on public benefft. Financlal Revlew The charty's total fund balanGe at the financlal year end was £98.065 {2024.' £78,206) The majority of the charlty's income came from Ihe hire of rooms for the public's benefit and contributions received from other voluntary groups towards premises costs. Statenwnl of Tru$tees R88ponslbilities The trustee5 are responsible for pr8P8ring the Report of the Trustee5 and the financial statement8 in accordance with appli¢able law and United Kingdom Accounling Standards (United KingdoTn Generally Accepted Accounting Praclrce). The law applicable to Gharities in England and Vvales, the Chartties Act 2011, Charity (Acmunts and Reports) Regulations 2008 and the provisionè of the trust deed requires the trustees to prepare financial statements for each financial year which glve a true and fair view of the state of affairs of the charity and of the incoming resources and appll¢atlon of resources, including the income and expenditure, of the charity for that period. In preparing those fin8nrial statements, the trustees are required to select suitable accounting polioes and then apply them consistenty,. obseNe the methods and principles in the Charily SORP., make judgements and estimates that are reasonable and prudent- prepare the financial stslements on the going concem basls unless rt 18 inappropriate to presume that the tharity will continue in business. The trustees are responsible for keeping proper accounting records which disclose wtth reasonable accuracy at any time the financial P08ition of the charity and to enable them to ensure that the financial statements o)mply wtth the Charities Act 2011, the Charity (Acccknnts and Reports) Regulations 2008 arKI the provisions of the trust deed. They are also responsible for saf8guardlng the as and other Irregulartties. ets of the charity and hence for tsking reasonable steps for th8 prevention and detecaion of fraud 1811212025 Approved byorderofthe ljoard oftrustees on........................,......................and signed on its behalfby: Robert Glyn Daniels
Ffestiniog Community Assoclatlon TIA ¢anolfan Gymdeithasol Bro Ffestiniog Independent examiner's réport to the truste88 of Ffestlnlog Comrnunlty Association TIA Canolfan Gyffldoltha$ol Bro Ff88tiniog I report to the truslees on my examlnatlon of the accounts of the abov8 charity rthe Trusf,) for the year end8d 31 Marrh 2025. Responsibiltties and basls of report As the char5ty's trustees you are responsible for the preparation of the accounts in attordano with the requirements of the Charities Act 2011 ('the ACV). I report In respect of my examination of the Trust's accounts carried out under sectlon 145 of the Act and in carrying out my examination I have followed all applicable Dlrections given by the Charity Cc>mmi6sion under sectlon 145(5) (b) of the Act. Independent &xamlneVg Statement I hav8 completed my examinatlon. I confirm th8t no material matters have come to my attention In connection with the examination giving me cause to believe that in any material respect.. 1. the accounting records were not kept in accordance with sedlon 130 of the Charitles Act; or 2. the accounts did not accord with th¢)8e records," or 3. the accounts did not comply with the applicable requir&ments cOnrning the fonn and content of aOUnts set out in the Charities {Accounls an¢ Reports) Regulations 2008 other than any requirement that the accounts glve a twe and fair view which is not a matter considered as part of an Independent examination. I confimi that there are'no other matlers to whl¢h your attention should be drawn to enable a proper Understhring of the accounts lo be reach8d. D E Thomas J Llywelyn Hughes & Co Charter8d Accountants Ty'r Bont Uanrwst LL26 OEY
Ffe8tinlog Community A$soclation TIA Canolfan GymdeithaÈol Bro Ffestlnlog Stqtement of Flnanclal A¢llvlile8 (Ineludlng In¢omo and Expenditurn Account) for tha ygar ended 31 March 2025 Unrestrlcted Funds Restrlcted Funds Noteg Total 2025 Totsl 2024 Income and Endowments Charitable actlvities Investment Income 83,175 1.313 130.583 213,758 1,313 87,853 Total Incomlng resources 84,488 130,583 215,071 68.517 Expendilure Charitable ectivitles 66,9 128,216 195,212 71,508 Total rn$our¢e8 exponded 66,998 128,216 195,212 71,508 Net Incomellexpenditure) Transfer8 bee¢n funds 17,492 776 2,367 (778) 19,859 p,g91) Reconclllatlon of Funds 18,268 1,591 19,859 (2,991) Total fund8 brought for•vard 78,206 78.208 81,197 Total funds C8rrl6d forward 96,474 1,591 98.065 78,206 Continulng OperationB All incoming resovrce8 and resource8 expended derlve from continuing activllles.
Ff68tinlog Community As$o¢iatlon TIA Canolfan Gymdeithasol Bro Ff6stiniog Balance Sheet as at 31 March 2025 2025 2024 Notos Tanglble Fixed A88ets Current A8set8 Debtors and prepayments Cash al bank and In hand 19,445 18,905 18,886 28,672 92,762 164,598 Credltors: amounts falling due wlthln ong year {14,1421 (105.295) Net Curront A8setg 78,620 59,301 Total Assets leA8 Currenl Llabllltla¥ 98,OPJ5 78.206 Net A888t• 10 98.085 78,206 Funds: Unrestricted fund8 R88trided fund 96.474 1,591 78,206 Total fund9 98,065 78.206 1811212025 Approved bythe Trvgtees on,.........,.................................,.........and signed on its behalfby: .Robert Glyn Daniels
Ffestiniog Community Asso¢iatlon TIA Canolfan Gymdeithasol Bro Ffestiniog Note8 to the financial ststements for the year ended 31 March 2025 1. Accounting pollcies a) Ba81s of preparlng the flnan¢lal Statements The financial stslements of Ihe charity. whlGh Is a public benefrt entity under FRS102, h8ve been prepared in accordan wlth th8 Charities SORP {FRS 102) 'Accounting and Reporting by Charitles: Slalement of Recommended Practlce applicable to charities preparing their accounts in accordance th the Finan¢lal Reporting Standard 8pplicabl8 In the UK and Republic of Ireland {FRS102) (effective 1 January 2015). the Financial Reporting Standard applicable in the UK and Republlc of Ireland. and the Charftles Act 2011. The financlal statements have been prepared under the historical cost convention. b) Fund accountlng Unrestricted fund6 are available for u8e gt the dlscretion of the trustees In further8nc& of the general objective8 of the Charity. Restricted fLrnds are subJected to restrictions on thelr expenditure imposed by the donor or when the fund8 are raised for partlcular restrlcted purposes. ¢1 In¢omlng resourqes All incoming resour.ces are included in the Statement of financial adivitie8 when the charity Is enlilled to the InGome and th6 amount can beimeasured rellably. d) Re80ufcs>S expend•d Expenditure Is rocognised on an accrual basis as a liabllity Is incurred. Expgndlture Includes VAT which cannot be covered. and 15 reported a8 part of the expenditure to whith it relate8. e) Flxed assets Fixed assets are 8tated at cost les3 accumulated depreclation. Depreclation 1$ provlded at rates calculated to wrlt? off the cost of each asset over its expected useful life. Equlpment- 20% 8traight-Ilne 2. Total R980urces Expended Unrostrfcted fund8 Charltabl6 actlvitlèo: Restrfcted funds 2025 Total 2024 Total Meals for resident's Scheme staff costs: Wages and nAtional insurance 138 24 PremI8e8 Sts. Light and heat Insurance8 Repair8 and maintenance Rates and wat8r charges Telephone and irfternet charges Sundry Llcences Clbaning and corfsumable8 8,598 2,847 12,541 4,523 goo 165 165 8,598 2,847 139,681 4,523 900 165 185 20.080 2,607 9,384 3.477 127,140 427 707 159 Managemgnt and adminlstration Postage and st8llon8ry Adverti$ing Training fees and courses Accountancy Legal and professional fees Bank charges 1.110 1.110 22 168 1.752 141 830 168 1,752 141 79 1,680 78 588 Depreclallon: Equipment 869 66,996 953 71,508 128,216 195.212
Ffestiniog Community Association TIA Canolfan Gymdeithasol Bro Ffestlnlog Notes to the financial ststements for the year ended 31 March 2025 Total Incoming rgsour¢es 2025 2024 Hire of rooms and soft play Contrlbution8 towards costs Refund utilities prevlous year Refund of PRS levy previous year Fundralsing events Bank interesl Grants retrived 53.365 10,596 9,500 214 1.000 1,313 50.275 15,126 2,452 4. Net income for the year 2025 2024 This is stated after Charglng.. Accountancy fees-, Independent examinallon r Other services Depreciation 480 1272 6,869 48D 1.200 5.953 Th8 trustees were. not reimbursed for any expen88s durfng the year {2024- Nil) Staff costs and numbers 2025 2024 Salaries 24,500 23,138 138 No employee received emoluments of more than £60,OQL¥ The average number of employees was as follows: 2025 2024 Y Ganolfan Gymunedol staff Taxation The ch8ritable Is exempt from tax on tts charitable activities. Debtop3 2025 2024 Debtors and prepaymenls
Ff8stlnlog Communlty A8soclatlon TIA Canolfan Gymdeithasol Bro Ffestiniog Notes to the financial 8tatoments for the year ended 31 March 2025 8. Tangible Fixed Assets Equlpment Total Cost; At 1 Aprll 2024 Addlllons Disposals 31.561 7,409 {1,398) 31.561 7,409 (1.398) At 31 March 2025 37 Depreciation: At 1 Aprll 2024 Charge for year Eliminated on dlsposal At 31 March 2025 12.656 6.869 12,656 6,869 Net book values.. At 31 March 2025 At 31 March 2024 905 9. Credltor8: amounp falllng due wIthln one year 2025 2024 Other creditors and accruals Deferred income 14,142 15,295 10. Analysi$ of Net Assets between Fund8 2025 Total 2024 Total Unrestrlcted Restrieted Tangible fixed assets Current assets Curffnt liabilities 19,445 91.171 19.445 92,762 18,905 164.596 1.591 11. Movements In Funds Incomlng resour¢es Re30uKes expended at 1.4.24 Transfer at 31.3.25 Restricted funds 130.583 {128,216) 1776) 776 1,591 General fund 065