## ## ## ## ## ## |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||||