REGISTERED CHARITY NUMBER: 511731
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Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2025
for
Rhyl Community Association
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Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 ORN
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Rhyl Community Association
Contents of the Financial Statements for the year ended 31 March 2025
Page Report of the Trustees 1 to 2 Independent Examiner's Report 3 Statement of Financial Activities 4 Balance Sheet 5 Notes to the Financial Statements 6 to 10 Detailed Statement of Financial Activities 11
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| Rhyl Community Association | Report of the Trustees for the year ended 31 March 2025 | The —— present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims The charity aims to promote the benefit of the inhabitants of Rhyl and the surrounding neighbourhood by associating the local authority, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities, inlife thefor agthe saidof socialinhabitants.welfare, for recreation and leisure time occupation, with the object of improving the conditions of
Public|benefit
The trustees have had due regard to the Charity Commission's guidance on public benefit. The charity provides public benefitiby making facilities available to the local community for recreational, leisure and social purposes. These facilities support community cohesion, wellbeing and social inclusion. The beneficiaries are members of the public living in Rhyl and the surrounding area, without restriction.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The continued operation of the Community Centre throughout the year enabled a wide range of community activities to take place, supporting social interaction and engagement within the local area. The trustees consider the consistent use of the facilities and the ongoing demand from community groups to be a key indicator of the charity's effectiveness. The ccimbined efforts of staff, volunteers and trustees ensured that the facilities were well managed and maintained, allowing the charity to fulfil its objectives and deliver ongoing benefit to the local community. | FINANCIAL REVIEW Financial position During|the year ended 31 March 2025, the charity had total income of £103,805, generated primarily from the use and hire ofjthe Community Centre and related activities. Expenditure was incurred in relation to staffing costs, building running costs, maintenance, insurance and utilities. The trustees consider the charity's financial position at the year end to be satisfactory and sufficient to support its ongoing activities and commitments. — policy The trustees have established a reserves policy to ensure that sufficient funds are available to maintain the Community Centre|and meet unforeseen costs. The charity aims to maintain reserves of approximately £10,000, which the trustees consider appropriate given the charity's level of activity, staffing commitments and ongoing property-related obligations.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Organisational structure
The charity is administered by its trustees, who meet regularly to review activities, finances and future plans. Trustees are appointed in accordance with the governing document. No trustee received remuneration or other benefits from the charity:during the year.
The trustees are responsible for the overall governance and strategic direction of the charity. Day-to-day operations are delegated to paid staff, supported by volunteers, who assist in delivering the charity's activities and maintaining the Community Centre. | Risk management Thehealthtrusteesfand safety,regularlystaffing,reviewandthethemajor ongoingrisksmaintenanceto which theof thecharity Communityis exposed.Centre.TheseAppropriateinclude financialcontrols sustainability,are in place, including financial oversight, insurance cover, health and safety procedures and regular building inspections, to mitigate these risks. {
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 51173
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Principal address
Rhyl Community Association Report of the Trustees for the year ended 31 March 2025
Community Centre 20 Ffordd Las Rhyl Denbighshire LL18 2EB
Trustees Mrs M O'Sullivan Mr W H Whittaker Ms H Jones
Independent Examiner Salisbury & Company Chartered Accountants irish Square Upper Denbigh Road St Asaph Denbighshire LL17 ORN
STATEMENT OF TRUSTEES' RESPONSIBILITIES The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to | - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at ahy time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees on aden LEO sn and signed on its behalf by: | | | Trustee i | |
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Trustee
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| \ | Independent Examiner's Report to the Trustees of | Rhyl Community Association Independent examiner's report to the trustees of Rhyl Community Association | report to the charity trustees on my examination of the accounts of Rhyl Community Association (the Trust) for the year ended 81 March 2025.
Respshliten and basis of report As the} charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1; accounting records were noi kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
| have ho concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
JasonSalisburybe& Company Charteted Accountants ; Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 ORN Date: . 2efy [rere
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|Rhyl|Community|Association|
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|Statement|of Financial Activities|||
|for the|year|ended|31|March|2025|||
|2025|2024|||
|Unresiricied|Total|||
|funds|funds|
|Notes|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Charitable|activities|3|||
|Charitable|activities|104,478|123,319)|
|Investment|income|2|4|4|
|Other|income|4|1|
|Total|104,483|123,321|
|EXPENDITURE|ON|||
|Charitable|activities|||
|Charitable|activities|127,252|164,210|
|NET INCOME/(EXPENDITURE)|(22,769)|(40,88|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|403,238|444,12|
|TOTAL FUNDS CARRIED FORWARD|380,469|ca|
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The notes form part of these financial statements Page 4
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Rhyl Community Association
| Balance Sheet | ||||
|---|---|---|---|---|
| 31 March2025 | ||||
FIXED |
ASSETS | |||
| Tangible assets | 7 | 405,689 | 413,968 | |
| CURRENTASSETS Debtor: Cash at bank |
8 | 3,811 22,828 |
40,023 9,487 |
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| 26,639 | 49,510 | |||
| CREDITORS | ||||
| Amounts falling duewithin one year | 9 | (51,859) | (60,240) | |
| a | ||||
| NETCURRENTASSETS coASSETSLESSCURRENTLIABILITIES |
(25,220) 380,469 |
(10,730) 403,238 |
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| NETassers | 380,469 | 403,238 | ||
| FUNDS | 11 | |||
| Unrestricted funds 380,469 voralFUNDS 380,469 The_ statements were approved by the Board of Trustees and authorised for weal and weresignedonitsbehalfby: |
403,238 403,238 issue on |
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| L Vie meet |
The notes form part of these financial statements
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| Rhyl Community Association Notes to the Financial Statements for the year ended 31 March 2025 ACCOUNTINGBasis of preparing thePOLICIES financial statements | The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared [in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement jo Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financjal Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, Bs modified by the revaluation of certain assets. | Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds,| it is probable that the income will be received and the amount can be measured reliably. |
Ae
Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. | Volunteer help | The value of any voluntary help received is not included within expenditure. Where applicable, a description jis included in the trustees’ annual report. } Tangible fixed assets L Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - atvariable rates on reducing balance Taxation The charity is exempt from tax on iis charitable activities. Fund accounting | Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. | | Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. | Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. | Freehold property revaluation The charity have adopted the revaluation model in respect of its freehold property. Freehold property will be revalued to its fair value annually, revaluation gains and losses are recognised in a revaluation reserve. The policy applies to all assets in this category. | | Page 6 = |
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Rhyl Community Association
Notes to the Financial Statements - continued for the year ended 31 March 2025
| 2: | INVESTMENT INCOME | |||||
|---|---|---|---|---|---|---|
| 2025 | 2024 | |||||
| Peres account interest |
£ | 4 | £ | 1 | ||
| 3: | INCOME FROM CHARITABLE | ACTIVITIES | ||||
| 2025 | 2024 | |||||
| Rents Received | Activity Charitableactivities |
¥ 104,478 |
£ 123,319 |
- TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees’ expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
- STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| Average no. ofemployees | 4 | 4 | |
| No employees received emoluments in excess of£60,000. | |||
| 6. | COMPARATIVES FORTHE STATEMENTOF FINANCIAL ACTIVITIES | ||
| Unrestricted | |||
| funds | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Charitable activities | |||
| Charitable activities | 123,319 | ||
| Investment income | 1 | ||
| Otherincome | 4 | ||
| Total | 123,321 | ||
| EXPENDITURE ON | |||
| Charitable activities | |||
| Charitable activities | 164,210 | ||
| NET INCOME/(EXPENDITURE) | (40,889) | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 444,127 | ||
| ~FUNDSCARRIEDFORWARD | 403,238 | ||
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continued...
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Rhyl Community Association
Notes to the Financial Statements - continued for the year ended 31 March 2025
11. |MOVEMENT IN FUNDS
||MOVEMENTINFUNDS|||||
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||MOVEMENT IN FUNDS
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\Unrestrictedfunds
iFforddlas Community Centre
|TynewyddCommunityCentre
WatingtonCommunityCentre
||At 1/4/24
£
180,445
6,174
216,619
403,238|Net
movement
in funds
£
(9,461)
1.411
(14,719)
(22,769)|Transfers
between
funds
£
3,000
:
(3,000)
-|At
31/3/25
£
173,984
7,585
198,900
380,469|
|TOTAL FUNDS|403,238|(22,769)|-|380,469|
|Net movement in funds, included in the above are as follows:|||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
|Unrestricted funds|||||
|Fforddlas Community Centre||82,400|(91,861)|(9,461)|
|Tynewydd Community Centre||8,075|(6,664)|1,411|
|Wellington Community Centre||14,008|(28,727)|(14,719)|
|||104,483|(127,252)|(22,769)|
|TOTAL FUNDS||104,483|(127,252)|(22,769)|
|Comparatives formovement in funds|||||
||||Net||
||||movement|At|
|||At 1/4/23|in funds|31/3/24|
|||£|£|E|
|Unrestricted funds|||||
|Fforddlas Community Cenire||200,169|(19,724)|180,445|
|Tynewydd Community Centre||1,293|4,881|6,174|
|Wellington Community Centre||242,665|(26,046)|216,619|
|||444,127|(40,889)|403,238|
|TOTALFUNDS||444,127|(40,889)|403,238|
|Comparative net movement in funds, included in the above are as follows:|||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
|Unrestricted funds|||||
|i\Fforddilas Community Cenire
[Tynewydd Community Centre
‘onCommunityCentre||97,680
8,285
17,356|(117,404)
(3,404)
(43,402)|(19,724)
4,881
(26,046)|
|||123,321|(164,210)|(40,889)|
|TOTALFUNDS||123,321|(164,210)|(40,889)|
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Rhyl Community Association | Notes to the Financial Statements - continued for the year ended 31 March 2025
T1: MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| At 1/4/23 | movement in funds |
between funds |
At 31/3/25 |
|||
| = | £ | £ | £ | |||
| Unrestricted funds | ||||||
| Fforddlas Community Centre | 200,169 | (29,185) | 3,000 | 173,984 | ||
| Tynewydd Community Centre | 1,293 | 6,292 | - | 7,585 | ||
| Wellington Community Centre | 242,665 | (40,765) | (3,000) | 198,900 | ||
| 444,127 | (63,658) | - | 380,469 | |||
| TOTAL FUNDS | 444,127 | (63,658) | - | 380,469 | ||
| A current year 12 months and prior year 12 | months combined net movement in | funds, included in the above | are | |||
| as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| Fforddlas Community Centre Tynewydd Community Centre |
180,080 16,360 |
(209,265) (10,068) |
(29,185) 6,292 |
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| Wellington Community Centre | 31,364 | (72,129) | (40,765) | |||
| 227,804 | (291,462) | (63,658) | ||||
| TOTAL FUNDS | 227 804 | (291,462) | (63,658) | |||
| RELATED PARTYDISCLOSURES | ||||||
| During the year the association repaid loans totalling £13,700 | to an employee and the treasurer. Included | |||||
| othercreditors at the year end is an amount of£4,800 (2024: £18,500) still due back. Amounts are repayable demand and interest free. |
on | |||||
12. RELATED PARTY DISCLOSURES
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neon AND ENDOWMENTS|DetailedStatementofFinancialActivities
for the year ended 31 March 2025|2025
£|2024
£|
|Investmentincome
Depositaccountinterest
|
Charitable activities
Rents Received||4
104,478|1
123,319|
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Otherincome
Recharges
Totalenresources||4
104,483|1
123,321|
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|EXPENDITURE||||
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|Charitable activities
Wages,
Social security
Pensions
Rates and water||67,088
470
3,600
3,394|81,870
324
3,600
3,961|
|Insurance||6,659|7,474|
|Light and heat||23,181|34,660|
|Telephone||1,510|2,140|
|Postage and stationery
Repairs and maintenance
Travel |||676
10,055
-|254
9,966
8,500|
||||116,633|152,749|
|Support
costs||||
|Management||||
|Freehold property||8,279|8,448|
|Bank loan interest||554|615|
|||8,833|9,063|
|Finance||||
|Bank
\charges||123|118|
|Governance costs||||
|Consultancy fees||-|1,200|
|Accountancy and legal fees||1,663|1,080|
|||:|pvumtinecs|
||||1,663|2,280|
|Totalresourcesexpended||127,252|164,210|
|Net~~||(22,769)|(40,889)|
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