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2021-03-31-accounts

				Page
Report ofthe	Trustees
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet
Notes to the	Financial Statements		5	to	10
Detailed Statement of Financial Activities

		f	orthe year ended 31 March 2	021
				2021	2020
				Unrestricted	Total
				funds	funds
			Notes	E	f
INCOME AND ENDOWIIENTS FROM
Charitable	activities
Charitable	activities			145,715	103,607
Investment	income			128	124
Other income				10,500	2
Total				156,343	103,733
EXPENDITURE ON
Charitable	activities
Charitable	activities			131,083	151,161
Other				10,000	10,000
Total				141,083	161,161
NET INCOME/(EXPENDITURE)				15,260	(57,428)
RECONCILIATION		OF FUNDS
Total funds	brought	forward		332,111	389,539
TOTAL FUNDS CARRIED FORWARD				347,371	332,111

		Rhyl	Community	Association
			Balance	Sheet
			31 March	2021
					2021	2020
					Unrestricted	Total
					funds	funds
			Notes
FIXEDASSETS
Tangible	assets				740,012	471,468
CURRENT ASSETS
Debtors					39,765	39,913
Cash at	bank				18,424	239,231
					58,189	279,144
CREDITORS
Amounts	falling due within one year				(450,830)	(418,501)
NET CURRENT ASSETS					(392,641)	(139,357)
TOTAL	ASSETSLESSCURRENT	LIABILITIES			347,371	332,111
NET ASSETS					347,371	332,111
FUNDS
Unrestricted funds					347,371	332,111
TOTAL	FUNDS				347,371	332,111

2.	INVESTMENT INCOME	INVESTMENT INCOME
																2021f			2020f
	Deposit account interest															128			'I24
3.	INCOME FROM CHARITABLE				ACTIVITIES
					Activity											2021f			2020f
	Grants				Charitable			activities								101,625
	Rents Received				Charitable			activities								44,0go			103,607
																145,715			103,607
	Grants received, included		in	the	above,		are	as	follows:
																2021f			2020f
	Job Retention Scheme															69,625
	Denbighshire County	Council		COVID		Support Grants										32,000
																101,625
4.	TRUSTEES' REMUNERATION				AND	BENEFITS
																2021f			2020f
	Trustees' fees															10,000			10,000
	Trustees' expenses
	There were no trustees'			expenses			paid		for	the	year	ended	31	March	2021	nor	for	the	year ended
	31 March 2020.
	STAFF COSTS
	The average monthly	number		of	employees			during the year was as follows:
																2021			2020
	Average no. ofemployees																5		5
	No employees received emoluments					in	excess		off60,000.
6.	COMPARATIYES FOR THE			STATEMENT				OF FINANCIAL				ACTIVITIES
																			Unrestricted
																			fundsf
	INCOME AND ENDOWIIENTS				FROM
	Charitable activities
	Charitable activities																		103,607
	Investment income																		124
	Other income																			2
	Total																		103,733
	EXPENDITURE ON
	Charitable activities
	Charitable activities																		151,161
	Other																		10,000
	Total																		161,161
									Page 6										continued.	..

		Notes	to the Financial Statements	-continued
			forthe year ended 31 March	2021
COMPARATIVES FOR THE		STATEMENT OF FINANCIAL ACTIVITIES - continued
					Unrestricted
					funds
NET INCOMEI(EXPENDITURE)					(57,428)
RECONCILIATION	OF FUNDS
Total funds brought forward					389,539
TOTAL FUNDS CARRIED FORWARD					332,1'l1
TANGIBLE FIXEDASSETS
					Freehold
					property
COST
At 1 Apdl 2020					471,468
Additions					268,544
At 31 March 2021					740,012
NET BOOK VALUE
At 31 March 2021					740,012
At 31 March 2020					471,468

	The Fforddlas	Community	Community	Centre	included	within	Freehold	Property	was	revalued	in October	2018 to its	fair
	value ofF95,000.
8.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
											2021	2020
	Trade debtors										6,265	6,413
	Other debtors										33,500	33,500
											39,765	39,913
	Other debtors include an		amount of233,500			due on	Completion	ofthe sale of		Wellington	Road.
9.	CREDITORS: AMOUNTS			FALLING DUE WITHIN			ONE YEAR
											2021	2020
											F
	Bank loans and	overdrafts		(see note 10)							32,330
	Other creditors										418,500	418,501
											450,830	418,501

An analysi	s o	fthe mat	urity ofl	oan	s is given below:
							2021	2020
							F	F
Amounts	falling due within one			year on demand:
Bank loans							32,330
MOVEMENT		IN FUNDS
							Net
							movement	At
						At 1/4/20	in funds	31/3/21
								F
Unrestricted		funds
Fforddlas	Community		Centre			95,169		95,169
Tynewydd Wellington	Community Community		Centre Centre			1,293 235,649	15,260	1,293 250,909
						332,111	15,260	347,371
TOTAL FUNDS						332,111	15,260	347,371
Net movement		in funds, included			in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						F	F
Unrestricted		funds
Wellington	Community		Centre			156,343	(141,083)	15,260
TOTAL FUNDS						156,343	(141,083)	15,260
Comparatives		for movement		in	funds
						Net	Transfers
						movement	between	At
					At 1/4/19	in funds	funds	31/3/20
					f	F	F
Unrestricted		funds
Fforddlas	Community		Centre		95,445	(18,590)	18,314	95,169
Tynewydd	Community		Centre		2,999	(1,706)		1,293
Wellington	Community		Centre		291,095	(37,132)	(18,314)	235,649
					389,539	(57,428)		332,111
TOTAL FUNDS					389,539	(57,428)		332,111

Comparati	ve net mov	ement in funds, included in t	he above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			F	F	E
Unrestricted funds
Fforddlas	Community	Centre	7,540	(26,130)	(18,590)
Tynewydd	Community	Centre	23,435	(25,141)	(1,706)
Wellington	Community	Centre	72,758	(109,890)	(37,132)
			103,733	(161,161)	(57,428)
TOTAL FUNDS			103,733	(161,161)	(57,428)

A current	year 12mon	ths and prior year	12months combined posi	tion isas follows:
				Net	Transfers
				movement	between	At
			At 1/4/19	in funds	funds	31/3/21
				E	E
Unrestricted funds
Fforddlas	Community	Centre	95,445	(18,590)	18,314	95,169
Tynewydd	Community	Centre	2,999	(1,706)		1,293
Wellington	Community	Centre	291,095	(21,872)	(18,314)	250,909
			389,539	(42,168)		347,371
TOTAL FUNDS			389,539	(42,168)		347,3?1

			Incoming	Resources	Movement
			resources	expended	in funds
				E	E
Unrestricted funds
Fforddlas	Community	Centre	7,540	(26,130)	(18,590)
Tynewydd	Community	Centre	23,435	(25,141)	(1,706)
Wellington	Community	Centre	229,101	(250,973)	(21,872)
			260,076	(302,244)	(42,168)
TOTAL FUNDS			260,076	(302,244)	(42,168)

	Rhyl Community	Association
	Detailed Statement of	Financial Activities
	for the year ended	31 March 2021
			2021	2020
INCOME AND ENDOWMENTS
Investment income
Deposit account interest			128	124
Charitable activities
Grants			101,625
Rents Received			44,090	103,607
			145,715	103,607
Other income
Recharges			10,500
Total incoming resources			156,343	103,733
EXPENDITURE
Charitable activities
Wages			96,035	100,429
Rates and water				4,070
Insurance			6,609	4,481
Light and heat			14,228	12,287
Telephone				2,726
Postage and stationery			132	2,275
Repairs and maintenance			11,292	6,573
			128,296	132,841
Other
Trustees' fees			10,000	10,000
Support costs
Governance costs
Consultancy fees			2,787	18,320
Total resources expended			141,083	161,161
Net income/(expenditure)			15,260	(57,428)