REGISTERED CHARITY NUMBER., 511731
Report of the Trustees and
Unaudited Financlal Statements
for thg Yoar Endgd 31 Mar¢h 2024
ft+r
Rh￿ Community Asso¢iatl¢n
Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
Sl Asaph
Denbighshire
LL17 ORN

Rhyl Community As$ocSation
Contents of the Financial Statements
for the yèar ended 31 March 2024
Page
Report of the Trust¢es
Indop•ndent Examinerfs Report
Stat8m8nt of Financial Activitias
Balance Sheet
Not•s to the Financial Ststements
D•talled Ststomont of Financial Activitios
10

Rh￿ Community Asso¢iation
Report of the TNstees
for the year ended 31 March 2024
The trustees p￿sent their report with ￿e financial ststements of the charity lor thg year ended 31 March 2024. The
trustees have adopted the provisions of Aceounling Reporting by Charities: Statement of Recommended Practice
applicable to chadtles preparing their accounts in 8CCOTdance the Financial Reporting Stsndard appllcable In the
UK and Republic of Ireland {FRS 1021 (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity aims lo prc•mote the benefit ol the inhabitants of Rhyl and the surrounding neighbourhood by associating the
local authority. voluntary organisations and inh8bitsnts in a common effort to advance education and lo provide facilities,
in Ihe interest of social wèlfare, for recreation and leisure lime occupation, wf(h the object of improving the conditions of
life for the said inhabitsnts.
FINANCIAL REVIEW
Reserves policy
It is the general policy of the Charity to mlntain 8 lével of raserves that is necessary lo enable the Charity to be
managed efficiently and to provld8 a buffer, allowng for Insuranc& covor. The Irustees consider the most appropriate
level of reserves would bè £10,000.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is 9)nlrolted by its governing document. a deed of trust and constitutes an unincor?orate(I chority.
REFERENCE AND ADMINISTRATIVE DETAILS
Regl$ler•d Charlty nurnber
511731
Prlnclpal addres8
Comrnunty Centre
20 Ffordd Las
Rhys
Denbtghshire
LL18 2EB
Trustees
Mrs M O'sullivan
Mr W H Whittaker
Ms H Jones
Ind•pendont Examlnar
Salisbury & Company
C*8rtered A¢wuntsnLs
Irish Square
Upper Denbigh Road
Sl Asaph
Dentrjigtshire
LL17 ORN
16
Approved by order of tha board of trustèès on ................ ........ ..... ...
and signed on ils behalf by..
Trustee
Page 1

Ind*pendent Examinerf$ Rèport to the Trustees of
Rhyl Community Association
Independent examinerfs report to the trustees of Rhyl Community Association
I report to tre Charity tnjstees on niy examination of the accounts of Rhsd Comrnunity Association (the TTUStI for the year
ended 31 March 2024.
Responsibilitiès and basis of report
As the charity trusLees of the Trust you a￿ respcnsible for the preparation of the ac¢ouils in accordance viith the
qUIre￿.ents ot th8 Charities Act 2011 I'lhe ACYI.
I report in respect of my examination of thè TNSI'S accounts carried oul unoer Section 145 of the Acl and in carryring ¢ul
ryt.y examination I have foll*)wed all applicable Directions gNen by the Charity Cornmi&%ion under Section 14515llbl of
.e Act.
Independent examinees statement
I have &)mpleled my examination. I confirm that no material matteT5 have come to my attention in connection with the
examinat￿n giving Me cause to believe that in any material respect".
accounting records were ntst kept in respect of the Trust as required by Section 130 of the Act.. or
the accounts do not accord. wittt those records.. or
the 8cc(yJnts do not comply wth the applicable requirements concerning the fom and ￿ntsn1 ol accounts sel
ul in the Charities (Accounts and Reports) Regulations 2008 oth&r than any requirement that the accounts glvè
8 true and fair view which is nDI a matter eonsidered as part of an independent examinalion.
I have no con¢ems and have come across no other matters in conneciion wlh the examination to which attention should
be drawn in this report in order to enablè a proper understanding of the 8CCDunts to be reached.
Jason Malischok
Salisbury & Company
Charterèd Accounlanls
Irish Square
Uppor Denbigh Road
St Asaph
?enbighsMire
LL17 DRN
Da￿..
Page 2

Rh￿ Community As50clatlon
Statement of Financial AdNities
for the year ended 31 March 2024
2024
Unrestri¢t@d
funds
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Charitablè activities
Chadtable activities
123.319
156,119
Investment income
Other income
10,001
Totsl
123,321
166.120
EXPENDITURE ON
Charitable adivities
Charitable acts'wtses
164,210
161,397
Othef
119
Total
164,210
161.516
NET INCOMEIIEXPENDITUREI
140.8891
4,604
RECONCILIATION OF FUNDS
Total funds brought forward
444.127
439,523
TOTAL FUNDS CARRIED FORWARD
403.238
444,127
The notes form part of these financial statemell15
Page 3

Rh￿ Community Association
Balance Sheet
31 March 2024
2024
Unrestricle
funds
2023
Totsl
fund5
Notes
FIXED ASSETS
Tangible assets
413,968
422,418
CURRENT ASSETS
Debtors
Cash al ?ank
40.023
9.487
40.086
29.312
49.510
69.398
CREDITORS
Amoun15 falling due within one year
160.2401
147.6871
NET CURRENT ASSETS
110.7301
21,711
TOTAL ASs￿s LESS CURRENT LIABIUTIES
403.238
444,127
NET ASSETS
403,23e
444,127
FUNDS
Unrestrirled fiJnds
11
403,238
444,127
TOTAL FUNDS
403,238
444,127
The
ftan
al statèmènts wèr6 approved by th• Board of Trustees and authorÈsod for issua on
. and were syned on its behalf by:
Trustee
The notes form part of these financial ststements
Page4

Rhyi Community Associatlon
Notes to the Financial Statements
for the year ended 31 Maroh 2024
ACCOUNTING POUCIES
Basis of proparing th8 financial statomonts
The financial stslemenls of the charty, which is a public benefrt entity under FRS 102, have been prepared Sn
accordance with the Charitses SORP IFRS '.021 'A¢¢ounting and Reporting by Charities,. Statement of
Recommended Practice applicable to charities p￿paring their accounts tn a¢¢ordance with the Financial
Reporting Standard applicable in the UK and Republic of Iretand IFRS 1021 (effective 1 January 20191,, Flnancial
Reporting Standard 102 'The Financial RepoTting Stsnd?rd applicable in the UK ané Republic of Ireland, and the
Charities Act 2011. The financial ststèments have been prepared under the historical cost Convention. as
modified by the revaluation of certain assets.
Incom¢
All income is recognised in the Ststsmonl of Flnanci85 Activities onc8 the charity has entlllement io the funds, It
is probable Inal the income will b& received and the amount can be me&5ured reliably.
Expendlture
Liabilities aTe recognised as expenditure as soon as there Ss a legal or constructive obligation committing the
charity to that expenditure. it is probab5e Ihal a tmnsfer of economic bengfits wll be required in settlement and
the amount of the obligation ¢8n bè measured reliably. Expenéiture is 8ccounted for on an aecruals b8SIS end
has been dassified under headings th81 aggregate all cost related to the ¢#legory. Where costs cannot be
Ireclly altsibuted to partioJlar headings they have beèn all¢￿ted to acliwlies on a basis ¢onsislent with the use
of resources.
Volunteer help
The value of any voluntary help received is not included within expenditure. Where applicable, a description is
included in the trustees. annual r¥port.
Tangible fixgd assots
Depreciation is Provided al the foilowng annual rates In ordor to write off aach ass&t ovèr its esbm8t8d useful
Freohdd property
al Variab￿ rates on ￿dUCing balance
TaxatSon
The charity is exompl from tax on ils charitsble activities.
Fund accauntlng
Unrestricted funds can be used In accordance with the tharitsble objective8 at the discretion of the trustees.
Restricted funds Can only b• usgd for particular ￿$trIcted purposés wthin the objects of the charity. Restrictions
arise when specified by the donor or when fijnds are raisod for parllcular resfficted purpo$es.
Further expkinallon of the natUTe and purpose of each fund Is included in the notes to the flnancial statements.
PEnsion costs and other po$t4etlrement benefits
The charity operates a defined contribuliDn pension scheme. Contributions payable lo the charfty's pension
schem8 ar8 charged lo the St21emenl of Financi81 Acliwlies irs tho period lo which they ￿lat￿.
Frvhold property revaluation
The charity have adopted the revaluation model in respect of its freehold property. Freehold property will be
revalued lo its fair value annually. revaluation 9ains and losses are r8cognised in a revaluatj'on reserve. The
policy applies to all assots in Ihis cal&gory.
Page 5
continued...

Rhyl Communlty Association
Notes to the Financial Ststemtnts- continued
for the ￿ar ended 31 March 2024
INVESTMENT INCOME
2024
2023
Deposit account interest
INCOME FROM CHARITABLE ACTIVJTIES
2024
2023
Aotivity
Charitable activiiies
Rents Received
123.319
156.119
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees, expenses
There were no trustees, expènses paid for the year ended 31 March 2024 Aor lor th& year ended
31 M8r¢l 2023.
STAFF COSTS
The average monthly numbèr of employees during the year was as follows:
2024
2023
.4verage no. of employees
o employees ￿etIVe￿ emoluments In exce88 of £60.000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Charltable aclivilies
Charitable activities
156,119
ottter Income
10,001
Totsl
166.120
EXPENDITURE ON
Charitable activities
Charitable aGlivitigs
',61,397
Other
119
Total
161.516
NET INCOME
4.604
RECONCILIATION OF FUNDS
Total funds brought forward
439.523
TOTAL FUNDS CARRIED FORWARD
444,127
Page 6
continued...

Rhyl Community Assoeiatlon
Notrs to the Financial Statements - eontinued
for the year ended 31 March 2024
TANGIBLE FIXED ASSETS
F￿ehOld
propety
COST OR VALUATION
AL 1 April 2023 and 31 March 2024
437,891
DEPRECIATION
At 1 April 2023
Charge for yaar
15,275
8.448
Al 31 March 2024
23,723
NET BOOK VALUE
At 31 March 2024
413,968
At 31 March 2023
422,416
Cost or valuation 8131 March 2024 is fftpresented by:
Freehold
property
Valuation in 2022
437,691
The Fforddlas frjmrnunlty Centre Snduded ￿thIn Freehold Property was rev91ued in Februgry 2020 10 ils fair
value of £20Q,000.
DEBTORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR
2024
2023
Trade debto
Other doblors
6,523
33,500
6,586
33,500
40.023
40.086
Other deblorg include an amount of £33.500 dug on Completion of tho 891è of W811ingion Road.
CREDITORS: AMOUNT8 FALUNG DUE VIITHIN ONe YEAR
2024
2023
Bar)k loans and overdrafts (see noto 101
Trade creditors
Taxation 8nrJ soci81 security
othor creditors
31,818
990
5.338
22,094
46,788
899
60,240
47,687
10.
LOANS
An analysis of the maturity of loans is given below.
2024
2023
Amounts falling due within one year on demand..
Bank oveTdrafts
Bank loans
8.231
23,587
20.604
26,184
31.818
46,788
Page 7
conttnued...

Rh￿ Community Association
Notes to the Financial Statements- continued
for the ￿&r ended 31 March 2024
11.
MOVEMENT IN FUNDS
Net
movement
in fJnds
Al
3113124
Al 114123
Unrestri¢ted funds
forddlas Community Centre
Tynewydd Community Cenlre
INdlington Community Centre
200,169
1,293
242,665
(19,7241
4.881
{26,0461
180,445
6,174
216,619
444,127
(40.8891
403.238
TOTAL FUNDS
444,127
140.8891
403,238
Nel movement in funds, in¢lvdgd in the above are as follows..
Incorning
restsur￿$
Resources
èxpendo(1
Movement
in funds
Unrestri¢ted funds
forddlas Community Centre
Tynewydd Community Centre
IVtrllsn9ion Community Centre
97,680
8,285
17.356
1117.404}
12.4041
143,4021
119,724)
4.S81
126,0461
123,321
1164,210)
140,8891
TOTAL FUNDS
123,321
1164,2101
140,8891
Ccffipar4tives for movement in funds
Not
movement
in funds
Al
3113123
At 114122
Unrestrict•d fund8
Fforddlas Community Centre
Tynewydd Community Centre
811ington Community Centre
200,169
1.293
238.061
116,5381
2,077
19,085
183,631
3,370
257.126
439,523
4,604
444,127
TOTAL FUNDS
439,523
4,6D4
444.127
Comparadve net movement in funds, included in thè above are as follows:
Incoming
sources
Resources
eX￿need
Movement
in fun¢s
Unrestricted lunds
Fforddlas Community Centre
rynewydd Community Centre
Wellin9tJn Community Centre
75,S04
20,442
69,774
192,4421
118,3651
ISO.7091
116,5381
2,077
19,065
166.120
1161.5161
4.604
TOTAL FUNDS
166,120
1161,516}
4,604
Page 8
continued...

Rhyl CommunityAssociat50n
Notes to the Financial Strtement$- contlnued
for the year endèd 31 March 2024
11.
MOVEMENT IN FUNDS- eontlnued
A wrrent year 12 rnonlhs and prior year 12 months ¢ombined posity'on is as follows..
Nel
Tnovement
in funds
Al
3113124
At 114122
Unrestrlcted funds
Fforddlas Community Centre
Tynewydd Communty Centre
Wellington Community Centre
200.169
1,293
238,061
130,2821
6,958
18,9811
163,907
8,251
231,030
439,523
(36,285)
403.238
TOTAL FUNDS
439,523
136,2851
403,238
A current year 12 rnonths and prtor year 12 months Combineé net m¢)vement in funds, included in the above are
as follows:
Incomlng
resources
Resources
expended
Movement
in fiJnds
Unr•stricted funds
Fforddlas Commun¢ty Cent
Tynewydd Community Centre
W&llin9ton Community Cantrg
173.584
28,727
87,130
1209,8461
121,769)
194,1111
136,262}
6,958
16.9811
289,441
132S,726J
136,2851
TOTAL FUNDS
289,441
1325,7261
136,285)
12.
RELATEO PARTY DISCLOSURES
During the yèar the association r￿e1Ved loans totalling £18.500 from an employee and the Ireèsur•r. Amounts
are rèpayable on Llemand and interest fw. Following the sale ofthe propfjty the 108ns will be repaid.
Page 9

Rh￿ Communlty Association
Detsiled Statement of Financial Activities
for the year ended 31 Mar¢h 2024
2024
2023
INCOME AND ENDOWMENTS
Investment incomp
Dep0511 account in￿reSt
Charitsble activities
Rents RJceived
123,319
1S6.119
Other Incomè
Recharges
10.001
Total incoming resour¢•s
123,321
166.120
EXPENDITURE
Charitable activitles
Wages
Social security
Pensions
Rates and water
Insuranea
Light and he81
Telephone
Posrage and stationery
Repairs and mainienanee
Travel
81,870
324
3.600
3,961
7.474
34.660
2.140
254
9.966
8,500
83.739
3,971
8.791
25.S67
2,003
142
14,763
152.749
138,976
Support C0515
Management
Freehold property
Bank loan intsresl
8.448
615
8.621
739
9,063
9.360
Finance
Bank charges
118
119
Governancè costs
Consultancy lees
Accountsncy and legal fees
1.200
1,080
12.161
900
2,280
13,061
Totsl r8sour¢•$ oxpended
164.210
161,516
Net lexpendlture)fincomtr
140.8891
4,804
This page does not fomi part of the ststytory finanrial statements
P8ge 10