2023-03-31-accounts

community	gardens t	hat they have created within Ystradowen
2 YCSA have	continued	to source grant funding in order to fund
specific projects. During the		year we have been successful in raising	a
total ofF16,347 of	grant funding (by comparison with E3,498 in 2021/22).
A breakdown ofthis fundin		and how it has been used is set out below:
Funder	Amount	How the fundin was S ent
National Lottery	f1825	Queens Platinum Jubilee Celebrations
Fund
Vale of	8250	Provision of Flower Planters outside
Glamorgan		the Hall
Ma ors Fund
Penllyn	8100	Subsidising children's party at the
Community		Platinum Jubilee celebrations.
Council
CoWork Local	E5,000	E ui in CoWorker office in Annex
Glamorgan	E6,671	Equiping Warm Space room in Main
Voluntary		Hall
Services
National Lottery	E2,500	King's Coronation Celebrations
Fund		E2,390 not ets ent
TOTAL	f16,347
Once again YCSA	are grateful to our Grants Officer —Chris Howard		who
has secured all the grant funding, and to the generous funding bodies.

Section D Achievements and performance TAR March 2012

~	~		~ ~ ~
Summary	ofthe main		The main achievements ofYCSA are as	stated above in Section	C
achievements ofthe charity during the year			Once again, thanks are due to everyone on the YCSA Committee and all the volunteers, for everything that has been achieved in Ystradowen
			since 1985,when YCSAwas established.
			Ystradowen has become a wonderful place to live and to bring up a
			family, and the facilities provided by the	Ystradowen Community	and
			Sports Association are a major factor in	that achievement.
			It should be realised that everything described above is carried out on a
			voluntary basis, and that all our funding	is self-generated.
			That is what creates the sense ofvalue,	responsibility and pride	for all the
			residents ofYstradowen.

									YCSA continues to successfully generate and maintain sufficient financial	YCSA continues to successfully generate and maintain sufficient financial	YCSA continues to successfully generate and maintain sufficient financial
Briefstatement						ofthe			reserves to enable the maintenance and running costs ofthe Village	Hall
charity's			policy			on reserves			and related facilities.
									YCSA also aim to use our reserves (above the minimum levels defined
									by our Constitution), together with any grant funding, to enhance existing
									facilities and to continue to develop new facilities.
									All spending is deployed entirely for the benefit ofthe residents of
									Ystradowen and District.
									A total income off45,646 (f21,398 in 2021/22 as can be seen from	the
									accounts) was generated during the year, producing a surplus for the year off4883 ( by comparison with -f5146 IN 2921/22). The 2022 23 surplus is nett off3112which is set aside to fund the King's Coronation
									celebrations in May 2023 and for pre paid hall hire for the financial year
									2023/24, as stated under "Liabilities".
									A detailed commentary on the financial outcome ofthe various activities
									undertaken by YCSA during 2022—23 is provided in Section Cofthis
									report.
									During the year 2022 23YCSA added 614,742 worth ofassets that
									further enhance the facilities available to the residents ofYstradowen		and
									generally add to value ofthe YCSA. (Assets purchased in 2021/22 was j1,370)
									YCSA's cash reserves at31"March 2023were f54,889(nett ofthe
									F3112set aside for the Coronation and Hall Hire Prepaids). .
									This is an increase in nett reserves off4844, by comparison with the
									financial year 2021 —2022 reserves off50,045.This level ofreserves
									provides a reasonably secure basis to deal with the future replacement		of
									assets, and the maintenanceofourbuildin s and e ui ment.
Details		ofany			funds			materially	None.
in	deficit
Further		financial				review details			(Optional information)
You may choose to additional information, relevant about:							include where		YCSA's funding streams continue to primarily be the revenue raised hiring out the Village Hall to residents, voluntary organisations, and commercial hirers. We also seek to raise income from fund raising events.	from
~	the charity's				principal				The revenue is used to maintain and renew our facilities as necessary,
	sources of			funds (including					and to consolidate our financial reserves with any residual surplus.
	any fundraising);
~	how expenditure has supported the key objectives ofthe charity;								In addition to the above funding, YCSA are continually seeking appropriate grant funding for specific projects and, to augment our revenue streams. The grant funding obtained during 2022 —2023 is explained in detail
~	investment				policy			and	within section Dofthis report.
	objectives			including				any
	ethical		investment					policy
	adopted.
									-
									~ ~ ~ ~ ~ e ~
	4	~							~ - . . ~

gned on	beh	alf ofthe charity's	trustees
		Signature(s)	X &~/
		Full name(s)	DAVID THURSF IELD	F LICITY QUANCE
Position	(eg	Secretary, Chair,	TRUSTEE	TRUSTEE
		etc)
		Date	~

~ a			~	~ ~	~ ~		~					~ ~ ~	~ ~
												Unrestricted funds		Restricted funds			Endowment
			Details									to nearest	L		to nearest 5		funds to nearest 6
B1Cashfunds			YCSACurrent Account Business Premium Account Save RCDF Current Account now renamed RCDF Saver Account Now renamed						Grants Pathwa		a/c 21	4 46 3	444.78 751.24 858.51 616.22		2329.89
							Total cash			funds		55,670.75			2,329.89
			(~res balances with		receipts and payments					account(s))		Unrestricted	funds	Restricted funds			Endowment
																	funds
			Details									to nearest	6		to nearest 6		to nearest 6
B2Other monetary
assets
			Details									Fund to which asset helen s			Cost (optional)		Current value o tional
B3Investment	assets
B4Assets retained for the charity's own use			Details Hall Buildin Land Fixtures &Fittin s See			asset Re Iste						Fund to which asset belon s Unrestricted All unrestricted Restdcted 8 Unrestriced			Cost (optional) 167269 9816 67519		Current value o tional 521 000 10000 67519
												Fund towhich	liability	Amount due (optional)			When due
			Details
B5Liabilities			Uns ent Pre a	NLF Coronation Grant ent Creditors advanced				hire	a	enls		Restricted Unrestricted			2	336 776	08 Ma 2023 Summer 2023
Signed by one or two trustees behalf of all the trustees		on			ignature								Print	Name			Date ofapproval
													David Thursfield
													Felici	Quance