Charity registered number 505723
Gwelfor Community Concern Urban Aid
Accounts
for the year ended 31 March 2024
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 2024 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 has now reached pre-pandemic levels, including grants received from Anglesey County Council towards the running costs of the centre.
A further grant of £7,550 was received from Medrwn Mon Warm Space initiative and has been spent supporting those who may be lonely or isolated by enabling them to meet new people, learn new skills and take part in the many activities offered. The grant also helped to offset the centre's
Page 1
running costs.
Donations were also greatly appreciated from Newry Community Centre £23,000, Age Cymru £500, North Wales Police £50, Mrs M Bagnell £150 and Colin Guertjens £100.
Financial review
Cash funds at the year end increased to £73,973 (2023: £51,682) following increased hire receipts and donations. The trustees consider the unrestricted reserves to be adequate for the purpose of meeting the centre's running costs over the coming year.
This report was approved by the trustees on and signed on their behalf by
Veronica Huband Chairperson
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Gwelfor Community Concern Urban Aid Receipts and payments account Year ended 31 March 2024
| 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 Asset purchases Total payments Net receipts/(payments) Transfers between funds Cash funds as at 1 April 2023 Cash funds as at 31 March 2024 |
Unrestricted funds £ 20,666 - 26,350 47,016 - 47,016 2,699 - 899 899 1,699 5,126 1,057 7,947 - 680 158 205 863 648 252 477 2,050 25,659 - 25,659 21,357 - 50,591 71,948 |
Restricted funds £ - - 7,550 7,550 - 7,550 - - - 716 - 1,522 312 - - - - - - - 159 3,907 - 6,616 6,616 934 - 1,091 2,025 |
2024 Total funds £ 20,666 - 33,900 54,566 - 54,566 2,699 - 899 1,615 1,699 6,648 1,369 7,947 - 680 158 205 863 648 411 4,384 2,050 32,275 - 32,275 22,291 - 51,682 73,973 |
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 |
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Gwelfor Community Concern Urban Aid Statement of assets and liabilities as at 31 March 2024
| £ Cash funds Barclays Bank 71,905 Cash 43 71,948 Assets retained for the charity's own use Equipment (at cost) 36,431 36,431 Unrestricted funds |
£ 2,025 - 2,025 14,105 14,105 Restricted funds |
2024 Total funds £ 73,930 43 73,973 50,535 50,535 |
2023 Total funds £ 51,598 84 51,682 50,535 50,535 |
|---|---|---|---|
Approved by the trustees on and signed on their behalf by
Veronica Huband Chairperson
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Gwelfor Community Concern Urban Aid Notes to the accounts Year ended 31 March 2024
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 Medrwn Mon (Warm Spaces) Medrwn Mon (Warm Spaces) |
Donation Expenditure received £ £ £ £ £ 1,091 - 1,091 - - - 7,550 5,525 - 2,025 1,091 7,550 6,616 - 2,025 Brought forward Transfers between funds Carried forward |
|---|---|
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