2021-03-31-accounts

		Contents	Contents
				Page
Report ofthe Trustee
Statement ofthe Trustee's		Responsibilities
Report ofthe Auditor
Statement of Financial	Activities			13
Balance Sheet				14
Statement ofCash Flows				15
Accounting Policies
Notes to the Statement	of	Financial	Activities	18
Notes to the Balance Sheet				21
Notes to the Cash Flow				23

	Balance Sheet as at	31"Mar	ch 2021
		Note	K'000 31/03/21	R'000 31/03/20	R'000 31/03/20
				Restated
Fixed Assets
Investments			13,396	12,070	12,070
			13396	12070	12070
Current Assets
Debtors			103	105	105
Cash at Bank			398	664	664
			501	769	769
Current Liabilities
Creditors: Amounts	Falling Due Within One Year		(374)	(702)	(702)
Net Current Assets			127	67	67
Total Net Assets			13,523	12,137	12,137
Represented By:
The Funds ofthe chari
Revaluation Reserve					5,182
Unrestricted Funds			13,523	12,137	6,955
Total Unrestricted	Funds		13,523	12,137	12,137

nvestment Income
	2020/21	2019/20
	R'000	R'000
Bank Interest
Interest on Investments	407	422
Total	408	427

	Bank Interest Interest on Investments Total					407 408 422 427
2.	Charitable Activities
	During 2020/21 the Fund awarded	total	grants		amounting	to f358,268.68. Those
	organisations awarded grants equal	to or	greater		than K2,000are detailed below:
	0 ani sation					Amount
	Ramoth Christian Centre, Hirwaun					3,219.00
	Noddfa Ruhaman Ca el Y Bed ddw r, Porthcawl					3,752.00
	Horeb Con re ational Cha I, Merth r T dfil					4,491.00
	St David's Church, Laleston					4,740.00
	St Crallo's Church, Co church					6930,00
	St Fa ans Church, Tree non					7,275.00
	St David's Church, Lian n d					7,876,80
	Pete's Sho Ltd, 24Taff St, Pon	ridd				8,074.53
	E I sYBed ddw r, Blaencwm					8,507,70
	Cwm arc Communi Association,	Treorch				9030.60
	Lewis Merth r Band, Porth					10,000.00
	Tre non Free libra & Institute, Tree		on			10000.00
	Cwm arc Communi Association,	Treorch				10,000.00
	Hi hland Place Unitarian Church, Aberdare					10000,00
	St Ma 's Roman Catholic Church,	Merth		rT dfil		10,000.00
	StJohn's Church, C rnrner					10,000,00
	Co Band, Treorch					35,506.16
	A e Concern Mor annw Ltd - C non Linc, Aberdare					45,075,89
	Yn s bwl Re eneration Partnershi,	Yn	s	bwl		50000.00
	Pon ridd YMCA					50,000.00
	C non Valle Museum Trust, Aberdare					50000.00
	Subtotal ofgrants equal to or greater		than K2,000
	21 in number					354478,68
	Grants less than R2,000 2 in number					3790.00
	Total rants a able for 2020/21	23 ln number				358268,68
	Grants written back to the Fund					55,961.82
	Accountin and Technical Su ort					39,178,75
	Total Charitable Activities as per	Statement of
	Financial Activities					341,485.61

Analysis				Total Amount of	Total Number
				Grant Awarded	ofGrants
Social and	recreational			126,436.76
Other charitable		ur	ses	103,150.42
Places of	worshi			78,681.50	12
Libraries,	Museums		and Art Galleries	50,000.00
Total				358,268.68	23

ther	Costs
		2020/21	2019I20
		I
Audit	Fees
Total		(6)

elated	Transac	tions with Ad	ministrating Authority	ministrating Authority
Organl	sation	Nature of Interest	Welsh Church		Act 0	Fund Transactions anisation		with
			Net Value			Balance Outstanding			as
			(8'000)			at 31stMarch		2021
						8'000
			Pa ments	Recei		Pa ments	Recei
Rhondda		Accounting	(39)
Cynon	Taf	8 technical
CBC		su rt
Rhondda		Interest
Cynon	Taf	Receivable
CBC
Total			39

ave been awarded a	ave been awarded a	grant from the F	und.
Organl sation		Member's	Amount	Awarded	Outstanding	Amount
		Relations hi
			2020/21	2019I20	31/03/21	31/03/20
Eglwys y		Secretary	8,508	10,000
Bedyddwyr,
Blaen cwm
Cambrian	Village	Director	0	50,000	0+	37,050
Trust
Llanharan		Trustee	0	10,000	0++	2,500
Community
Development
Pro'ect Ltd
St Elvan's	Church,	Member	0	50,00D	25,00D	50,000
Aberdare.
Rhondda Lawn		Member	0	8272		8,272
Tennis Club,
Treerch,
Friends of	Aberdare	Member (x3)	0	50,000	10,000	50,000
Park
Ynysybwl		Director	50,000		10,000
Regeneration
Partnership,
Yn s bwl
Trecynon Free		Chair	10,000		10,000
Library 8 Institute,
Tre non.
Pon ridd	YMCA	Director	50,DDD		50,000

n analys	is ofthe fixed assets held as inv	estments for th	e charity is provi	ded below
		Land	Securities	Totals
		S'000	K'000	K'000
1"A ril	2020	33	12,037	12,070
Net Su Market	lus on Revaluation Value at31"March 2021		1,315 13,352	1,326 13,396

nvestment Securities Analysis
	31/03/21	31/03/20
Government Stock	457	462
Charities Official Investment Fund	8,094	6,705
Charities Official Fixed Interest Fund	4,801	4,870
Total Market Value Historical Cost as at31"March 2021	13,352 7,289	12,037 7289

n analysi	s ofdebtors as at31"March 2021 i	s provided below:
		31/03/21	31/03/20
		f.'000	6'000
Amounts	due from RCT CBC
Accrued	Interest on Investments	102	100
Total		103	105

crued Interest relates to investment income relating 21/22. It is made up as follows:	to 2020/21 paid in
	6'000
COIF Fixed Interest Fund	59
COIF Investment Fund	39
2 l* 'Ye Index Linked 2024
Total	102

n analysis	of	creditors as at	31"March 2021 is a	s follows:
				31/03/21	31/03/20
				k'000	R'000
Miscellaneous		Charitable 0	anisations	336	643
Audit Wales —fee accrual
Rhondda	C non Taf CBC			32	40
Total				374	702

Reconciliation of N ctivities	et Income/(Expenditure) to Net	Cash Flow from	Operating
		2020/21	2019/20
		K'000	8'000
Net Income/(Expenditure) as per the Statement of Financial Activities		1,386	(583)
Adjustments for:
(Gains)/Losses on	Investments	(1,326)	207
Dividends, Interest	and Rents from Investments	(408)	(427)
(Increase)/Decrease	in Debtors
Increase/(Decrease)	in Creditors	(328)	328
Net Cash Provided	by (used in) Operating	(672)	(456)
Activities