| Page | ||
|---|---|---|
| Trustees' report | 1-10 | |
| Auditors' report |
11-12 | |
| Statement ofFinancial | Activities | 13 |
| Balance sheet | 14 | |
| Cash flow statement | 15 | |
| Notes to the financial | statements | 16-22 |
| Trustees | M Farley - President | M Farley - President |
|---|---|---|
| D M Davies - Chairman | ||
| M Rein - Secretary | ||
| SEHiscocks - Treasurer | ||
| RG Williams | ||
| BG Hopkins | ||
| I C Parker | ||
| R Stokes | ||
| SElias | ||
| LHowell | ||
| SLord | ||
| N Murphy | ||
| A Davies | ||
| Charity number | 512895 | |
| Principal office | 7 Deans Close | |
| Llandaff | ||
| Cardiff | ||
| CF5 2BR | ||
| Accountant | Mr. Neil Davies A.F.A | |
| Auditors | RH Jeffs &Rowe | |
| 27/28 Gelliwastad | Road | |
| Pontypridd | ||
| CF372BW | ||
| Bankers | Lloyds TSBBank | Plc |
| Barclays Bank Plc | ||
| Nationwide Building Society |
| Vase | - | South Powys shared with Siroedd y Gogledd Ddwyrain | South Powys shared with Siroedd y Gogledd Ddwyrain | South Powys shared with Siroedd y Gogledd Ddwyrain |
|---|---|---|---|---|
| Shield | - | Carmarthen | Rhymney | Valley |
| Bowl | - | Ceredigion | Cardiff | |
| Plate | - | Rhymney Valley |
Swansea | |
| Cup. | - | Cynon Valley | Bridgend |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| year | year | ||||||
| to | to | ||||||
| Notes | Unrestricted | Restricted | 31/05/23 | ||||
| Income | |||||||
| Voluntary income: |
|||||||
| -Grants & Sponsorship Activities for Generating |
Funds | 13,026 | 160,000 | 173,026 | 167,988 | ||
| -Fundraising Events |
|||||||
| -Subscriptions &Affiliation -Gate Receipts |
Fees | 6,690 | 6,690 | 6,880 | |||
| Investment income |
|||||||
| -Bank interest | 1,136 | 1,136 | 123 | ||||
| Total Income | 20,852 | 160,000 | 180,852 | 174,991 | |||
| Expenditure | |||||||
| Charitable activities |
|||||||
| Administration and organizing |
age grade rugby | 4 | 4,663 | 188,891 | 193,554 | 127,099 | |
| Governance costs |
4 | 4,610 | 4,610 | 2,887 | |||
| Total Expenditure | 9,273 | 188,891 | 198,164 | 129,986 | |||
| Movement in total funds |
for the year: | ||||||
| Net Incoming (Outgoing) |
resources | ||||||
| before transfers | 11,579 | (28,891) | (17,312) | 45,005 | |||
| Total Funds brought forward | 128,056 | 96,419 | 224,475 | 179,470 | |||
| Total Funds carried forward | 139,635 | 67,528 | 207,163 | 224,475 |
| Balance sheet | |||||||
|---|---|---|---|---|---|---|---|
| as at 31stMay 2023 | |||||||
| 2023 | 2022 | ||||||
| Notes | |||||||
| Fixed Assets | |||||||
| Tangible assets Investments |
1,950 2,000 |
1,752 2,000 |
|||||
| 3,950 | 3,752 | ||||||
| Current Assets |
|||||||
| Debtors | 3,060 | 9,320 | |||||
| Cash at bank | and in | hand | 226,492 | 239,134 | |||
| 229,552 | 248,454 | ||||||
| Creditors: amounts | falling | ||||||
| due within | one year | 10 | (26,339) | (27,731) | |||
| Net Current | assets | 203,213 | 220,723 | ||||
| Net Assets | 207,163 | 224,475 | |||||
| Funds | |||||||
| Unrestricted | Funds | 11 | 139,635 | 128,056 | |||
| Restricted Funds | 12 | 67,528 | 96,419 | ||||
| 207,163 | 224,475 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| Reconciliation ofoperating |
(loss)/profit | to net | ||||||
| cash outflow from operating | activities | |||||||
| Operating | (loss)/profit | (17,312) | 45,005 | |||||
| Depreciation | 700 | 309 | ||||||
| Decrease | in stocks | 85 | ||||||
| Decrease | in debtors | 6,260 | (9,320) | |||||
| (Decrease) in creditors | (1,392) | 4,575 | ||||||
| Net cash | inflow(outflow) | from operating | activities | (11,744) | 40,654 | |||
| Net cash | inflow/(outflow) | from operating | activities | (11,744) | 40,654 | |||
| Capital expenditure | (1,004) | (287) | ||||||
| Rounding | figure | 106 | ||||||
| Decrease | /(Decrease) | in | cash | in the year | (12,642) | 40,367 | ||
| Decrease | / (Decrease) | in cash | in the year | (12,642) | 40,367 | |||
| Net funds | at 1June 2022 | 239,134 | 198,767 | |||||
| Net funds | at 31May | 2023 | 226,492 | 239,134 |
| 2. | Income | Total | Total | ||
|---|---|---|---|---|---|
| year to | year to | ||||
| 31/05/23 | |||||
| Included within Incoming Resources for the |
year are: | ||||
| Grants &Sponsorship | |||||
| The Welsh Rugby Union Ltd | 160,000 | 160,000 | |||
| Other Sponsorship and Donations |
13,026 | 7,988 | |||
| Subscriptions | and Affiliation Fees | 6,690 | 6,880 | ||
| Bank Interest | 1,136 | 123 | |||
| 180,852 | 174,991 | ||||
| 3. | Net Incoming | (Outgoing)/Resources | Total | Total | |
| year to | year to | ||||
| 31/05/23 | |||||
| This is stated | after charging/(crediting): | ||||
| Depreciation | and loss ofdisposal oftangible | assets | 700 | 309 | |
| Loss on Disposal ofEquipment | 104 | ||||
| Auditors Remuneration |
2,400 | 2,400 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Mr | M Rein | Junior Rugby | 500 | 500 | |
| Mr | RStokes | Junior Rugby | 500 | 500 | |
| Mr | M Rein | Executive | |||
| Mr | RG Williams | Executive | |||
| Mr | D M Davies | Executive | |||
| Mr | LHowell | Intermediate | Rugby | 1,000 | 1,000 |
| Mr | IC Parker | Semor Rugby | 600 | 550 | |
| Mr | D M Davies | Senior Rugby | 600 | 550 | |
| Mr | KPhillips | Senior Rugby | |||
| 3,200 | 3,100 |
| 7. | Tangible fixed assets | Tangible fixed assets | ||
|---|---|---|---|---|
| Equipment | ||||
| Cost | ||||
| 31May 2022 | 4,694 | |||
| Additions | 1,004 | |||
| Disposals | (1,440) | |||
| At 31 May 2023 | 4,258 | |||
| Depreciation | ||||
| 31May 2022 | 2,942 | |||
| On disposals | (978) | |||
| Charge for the year | 344 | |||
| At 31 May 2023 | 2,308 | |||
| Net book values | ||||
| At 31 May 2023 | 1,950 | |||
| At 31May 2022 | 1,752 | |||
| Welsh Rugby | ||||
| 8. | Fixed asset investments | Union | ||
| Debentures | ||||
| Cost | ||||
| At 1 June 2022 A, At | 31May 2023 | 2,000 | ||
| 9. | Debtors | 2023 | 2022 | |
| Other debtors | 3,060 | 320 | ||
| Prepayments aud accrued income |
9,000 | |||
| 3,060 | 9,320 | |||
| 10. | Creditors: amounts | falling due | 2023 | 2022 |
| within one year |
||||
| Accruals and deferred | income | 26,339 | 27,731 |
| Analysis ofNet Assets between Funds | Total | ||
|---|---|---|---|
| Unrestricted | Restricted | 31/05/23 | |
| Tangible Fixed Assets | 450 | 1,500 | 1,950 |
| Investments | 2,000 | 2,000 | |
| Net Current Assets | 137,185 | 66,028 | 203,213 |
| 139,635 | 67,528 | 207,163 |
| Restricted Funds | ||||
|---|---|---|---|---|
| At 1June | Incoming | Outgoing | At 31stMay | |
| 2022 | Resources | Resources | 2023 | |
| Seniors Age Group Intermediate Age Group |
4,655 46,422 |
50,000 70,000 |
(54,655) (95,486) |
20,936 |
| Junior Age Group | 45,342 | 40,000 | (38,750) | 46,592 |
| 96,419 | 160,000 | (188,891) | 67,528 |