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2023-03-31-accounts

Charity registered number 505723

Gwelfor Community Concern Urban Aid

Accounts

for the year ended 31 March 2023

Gwelfor Community Concern Urban Aid

Contents

Page
Report of the trustees 1 - 2
Independent examiner's report 3
Receipts and payments account 4
Statement of assets and liabilities 5
Notes 6

Gwelfor Community Concern Urban Aid

Report of the trustees

The trustees present their report and the financial statements of the charity for the year ended 31 March 2023 and confirm they comply with the requirements of the Charities Act 2011 and the charity's constitution.

The charity is registered with the Charity Commission under number 505723.

Legal and administrative information

The trustees who served during the period are stated below:

Veronica Huband (Chairperson) Allan William Huband (Treasurer) Norah Dunne Denise Roberts

Principal office

Gwelfor Community Centre Ffordd Tudur Holyhead Anglesey LL65 2DH

Structure, governance and management

The charity was established by a constitution adopted on 29 October 1976 and amended on 23 January 2002 and 26 November 2009.

The constitution establishes a general committee comprised of one elected representative from each locally active organistation and a minimum of eight elected representatives from local inhabitants and a minimum of five co-opted members and who have no voting rights.

The general committee elects a management committee whose members serve for a period of two years are responsible for the management of the charity.

Objectives and activities

The objectives of the charity are to promote the welfare of all the inhabitants of the Morawelon and London Road areas of Holyhead, without discrimination on the basis of sex, political, religious or other opinions.

The charity aims to achieve its objectives by drawing toghether the local authorities, voluntary organisations and inhabitants in a common effort to advance education and provide facilities that promote social welfare, recreation and leisure time.

Achievements and performance

Hire income continues to rise and the trustees are hopefull this will be restored to pre-pandemic levels.

Two grants were gratefully received from Medrwn Mon totalling £8,492 and have been used to purchase an electic vehicle charging point installed at the centre and fund several community activities and help offset the centre's increased energy costs.

Page 1

Previous grants received from Comic Relief, the Garfied Weston Foundation and the National Lottery have now been fully spent and have funded several trips and classes for local communtiy groups.

Financial review

Cash funds at the year end decreased to £51,682 (2022: £73,671) after fully spending the grants from Comic Relief, the Garfield Weston Foundation and National Lottery. The trustees consider the unrestricted reserves to be adequate for the purpose of meeting the centre's running costs

This report was approved by the trustees on and signed on their behalf by

Veronica Huband

Chairperson

Page 2

Ind•pond•nt Examinee8 Report lo the TrustO•$ of Gwelfor Communlty Conc•rn Urtmn I report on the accounts of tre charityfor the year ended 31 March 2023 $et out on pages 4 to 6. R98pertlve responslbllltles of trusto98 and examlner The chariws trustees are respollsible for the pr8p8ration of the accounts. The charitys trust885 onsider that an audit is not regul￿d lor this period under section 144121 ol the Charitie5 Act 2011 and that an independent examination 18 needed. It 15 rny re5pon8ibility to.. examine the accounts under 88ction 145 of the Charities Act 2011, follow tre procedu￿$ laid down in the G8neral Diractions given by the Charty Commission under section 1451Sllbl of the Charities Act 2011 an¢J state whethèr p8rticular rn8tters have come to my atiention. Basls of th• Indep•ndont examlnevs report My examination was carried out In 8ccord8nce with the General Olrections given by the Charity Commission. An examination includes 8 r8vi8w of the accounting records kept by the charity and comparison ol the accounts presented with those records. It also include5 consideration of any unusual iiems u disclosures in the account5 and seeking eNplanatlOn5 frorn the trustees conceming any such matt8r5. Th8 procedures undertaken do not provide all the ewdence that would be required in an audit And consequ8ntly I do nol 8xpr8ss an audit opinion on the Independgnt ¢xamlner's report In the course of rny ex8mination no rnatter has come to rny attention.. 1 whith gives me reasonable cause to believe that, in any material respect, the trustees have not mat thè rsquir8mgnts to gn8ure'. proper accounting records are kept in accordance with section 130 of the char￿e$ Act 2011 and accounts ar8 prepared which agr88 wth the accounts'ng r8cords and Compty wrth the accounting requir*m8nts of thè Charits"es Act 2011 or 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of thg 8c¢ounts to be re8¢hed. Mr N A ¢hrl$tlon FCPA Chrlst18n Sykè5 & Cornp8ny Ltd Suit8 5& 30 Dean Street Bangor Gwynedd LL57 1 UR Dated.. Xoi Page 3

Gwelfor Community Concern Urban Aid Receipts and payments account Year ended 31 March 2023

Receipts
Hire of gwelfor centre
Contributions towards costs
Donations and grants
Asset sales
Total receipts
Payments
Wages
Training
Water rates
Waste collection
Insurance
Light and heat
Cleaning
Repairs and renewals
Travelling expenses
Telephone and internet
Website
Printing, postage and stationery
Legal and professional fees
Accountancy
Licences and subscriptions
Entertainment and classes
Donations
Sundry expenses
Asset purchases
Total payments
Net receipts/(payments)
Transfers between funds
Cash funds as at 1 April 2022
Cash funds as at 31 March 2023
Unrestricted
funds
£
14,105
1,803
3,750
19,657
-
19,657
1,701
-
681
368
1,651
5,492
223
6,181
-
809
-
341
745
612
253
698
100
-
19,855
5,099
24,954
(5,296)
-
55,888
50,592
Restricted
funds
£
-
-
8,492
8,492
-
8,492
-
960
-
-
-
1,500
112
6,287
2,245
310
113
360
5,840
1,600
-
19,327
5,858
25,185
(16,693)
-
17,783
1,091
2023
Total
funds
£
14,105
1,803
12,242
28,149
-
28,149
1,701
960
681
368
1,651
6,992
335
12,468
2,245
809
310
454
745
612
613
6,538
1,700
-
39,182
10,957
50,138
(21,989)
-
73,671
51,682
2022
Total
funds
£
13,629
908
14,880
29,417
-
29,417
1,470
325
577
196
1,615
3,393
1,831
11,094
215
925
-
697
411
588
317
586
752
-
24,993
4,012
29,005
412
-
73,259
73,671

Page 4

Gwelfor Community Concern Urban Aid Statement of assets and liabilities as at 31 March 2023

£
Cash funds
Barclays Bank
50,508
Cash
84
50,592
Assets retained for the charity's own use
Equipment (at cost)
36,431
36,431
Unrestricted
funds
£
1,091
-
1,091
14,105
14,105
Restricted
funds
2023
Total
funds
£
51,598
84
51,682
50,535
50,535
2022
Total
funds
£
73,634
37
73,671
28,464
28,464

Approved by the trustees on and signed on their behalf by

Veronica Huband Chairperson

Page 5

Gwelfor Community Concern Urban Aid Notes to the accounts Year ended 31 March 2023

1 Accounting policies

The accounts are prepared under the historical cost convention.

Receipts

Voluntary income is received by way of donations and gifts and is recognised in full when it is received. The value of services provided by volunteers is not recognised in the accounts.

Restricted and unrestricted funds

Restricted funds are to be used for specific purposes laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received by the charity without a specified purpose.

2 Analysis of restricted funds

Fund Brought Donation Expenditure Transfers Carried
forward received between forward
funds
£ £ £ £ £
Comic Relief 9,004 - 9,004 - -
Garfield Weston Foundation 4,857 - 4,857 - -
Medrwn Mon 1 - 1 - -
Medrwn Mon (EV charger) 4,022 4,022 -
Medrwn Mon (Warm Spaces) 4,470 3,380 - 1,091
National Lottery 3,921 - 3,921 - -
17,783 8,492 25,185 - 1,091

6