NEUADD DYFI
TRUSTEES, AI¥NUAL REPORT AND ACCOUNTS
coverin
the
ear ended
31st March 2025

NEUADD DYFI
COINTENTS
Page
TRUSTEES, ANNUAL REPORT
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALAIYCE SHEET
NOTES TO THE ACCOUNTS
9-11

NEUADD DYFI
TRUSTEES, ANNUAL REPORT
for the Year Ended 31st March 2025
The committee presents its report and accounts for the year ended 31 st March 2025.
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity Name
Neuadd Dyfi
Charity Registration Number
519879
Correspondence Address
l Aber Villas, Aberdyfi, LL35 OHR
Trustees
The following have served as trustees during the year and since then:
Megan Reynolds
John Reynolds
David Williams (Vice-chairnian)
Desmond Brian George (Chairman)
Dewi Owen
Trevor Lumley
Anthony John MacGregor-Bowron
Louis Hiatt
Sandy Andrews
Brian Kelly
Gillian Miranda
Jan Rajput
Catrin Oweill
Ian Hewins

NEUADD DYFI
TRUSTEES, ANNUAL REPORT
for the Year Ended 31st March 2025
continued
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is a trust governed in accordance with a lease and trust deed dated 24
December 1986 and amended 15th September 2009.
The trustees are selected from :_
up to six community councillors
two county councillors
eight members of user groups
six interested individuals
"rhe committec at thc first ordinary meeting in each year after the annual general meeting.
elect a chairnian and may elect a vice-chairnian of their meetings. The chairman and
vice-chaimian remain in office until thcir rcspectivc successors are elected. The Charity,
the Trust Propety and the trust fund are administered by the Committee,
OBJECTIVES AND ACTIVITIES
The object of the charity is the provision and maintenance of a village hall for the use of
the inhabitants of the community of Aberdyfi and neighbollring areas without distinction
of political, reIigious or other opinion, including use for meetings, lectures and classes
and other fomis of recreation and leisure time occupation with the object of improving
the conditions of life for the said inhabitants.
ACHIEVEMENTS AND PERFORMANCE
As in previous years during 2024 to 2025 the Management Committee has worked to
provide a community resource for a broad spectrum of community uscrs,
maintain, devclop and improvc our Assets.
Things have bc¢n happcning, mainly positive -
Finance
On 31 st March 2025 we had £16,859 in the deposit account and £8,189 in the cu￿ent
account. We have benefitted from an annual donation of £5,000 from Aberdyfi Advertising
and Improvements Committee and £4492 from Aberdyfi Community Council. Without
these funds we would have just about broken even on running costs with no funds left for
development. So some room for long terni maintenance, a buffer for repairs and an
opportunity to plan further developments.

NEUADD DYFI
TRUSTEES, ANNUAL REPORT
for the Year Ended 31st March 2025
continued
ACHIEVEMENTS AND PERFORMANCE (cont. )
Things have been happening, mainly positive (cont.) .
New PV Panels
These continue to perforn] well, producing on average about l Ookwh per day
during the summer. We are now earning 15p per kwh (initially 6.4). We produce
about 18,OOOkwh exporting about 16,000, most being produced in the summer
daytime. The inverter problem reported last year was resolved by a replacement
only to fail again in the autumn. This coincidtng with a thunderstonn may have been
of some significance. As a cautionary procedure and at some expense we have
replaced it with surge protection devices. To date there are no recurrent issues.
So for this financial year we have made £4,921 from the Feed in Tariff and Smart
Energy export. We have also used quite a lot of the energy generated.
Bookings
These continue to corne in at a reasonable rate. Blood donations reported last year
as lost are returning later in the year. The Art Society continues to flourish with
building membership. Gwynedd Adult LKarning has hosted two Life Drawing"
classes. Lip reading classes have proved very popular and beneficial as have stretch
and balance classes. Equally, the junior art classes continue with their monthly
sessions. During the winter, the Young Fam]ers eisteddfod and their pantomiEne
competit20n. The long-distance cycle ride rest and feeding point, 150 cyclist's rode
from Cardiff to Menai Bridge and back again via Neuadd Dyfi. There have been a
number of "significant" birthdays and wedding anniversary celebration events. We
continue our link up with the Arts Council with good audiences most of the time but
one disappointment resulting in cancellation. Independent production company
Hotbuckle brought Pride and Prejudice to rapturous acclaim and Circus Raj returned
in the summer with feats of daring do. Autumn saw an eclectic mix of Mid Wales
Opera and Bobby Kennedy experiences and best of all, Elvis Presley entertained us
in Blue Hawaii. In February, Aberdyfj Play¢rs celebrated their 30th anniversary
with a Gala perfornlance revisiting the script they did in 1994. The highlight was
some of the original cast reliving their experiences with three generations of the same
family on stage at the same time. A triumph.
The Garden
Bobby Nickless and Lindy Tallis continue doing a great job with the garden, the whole
place looks cared for at a very modest cost. It was with sadness that Stom Darragh
brought down our mimosa tree planted by Cyril Fowles, the Royal Horticultural
Socjety's advice was to leave it as it might recover.

NEUADD DYFI
TRUSTEES, ANNUAL REPORT
for the Year Ended 31st March 2025
continued
ACHIEVEMENTS AND PERFORMANCE (cont. )
Things have been happening. mainly positive (cont.) .
Equipment
The Aberdyfi Advertising and Improvements Committee havc funded an llp￿de
of some of our theatre lights creating a more flexible pool of lights that we takc to
thc two Tywyn schools. For many years we have helped them out and youngsters
who have learned from this helped at Neuadd Dyfi events and have gone onto
careers in the industy.
Cleaning
Clare Strange continues in the role. She is enthusiastic and very flexible on times often
coming in at six in the morning. Husband Rob comes in and helps with some heavy
lifting.
Policies
These are still on the agenda.
Work Done
New hot water system for the kitchen.
Work in Hand
Several projects need budgeting for -
some external and some internal painting and decoration
sanding and Tefurbishment of thc two wooden floors
website development, with the assistance of Gwe Cambrian Web we have
started designing a new website which will bc bilingual
ethernet upgrad¢
Future Projeets
Flattening the main hall continues to be researched. Our architects are exploring the
possibility of combining it with a modest extension to provide a reception area and
bar. Their first design was for a complete remodelling of the existing entrance and
shifting the kitchen, this was deemed to complicated and expensive so we scaled it
back.

NEUADD DYFI
TRUSTEES, ANNUAL REPORT
for the Year Ended 31st March 2025
continued
FINANCIAL REVIEW
The Statement of Financial Activities shows total income of £56,909 and expenditure
of £65,813 resulting in net expenditure £8,904. The unrestricted funds show a surplus of
£8,023 and the restricted funds show a loss of £16,927.
Capital expenditure during 2025 was £9.744 (2024 - £7,010).
PUBLIC BENEFIT STATEMENT
In exercising their powers the trustees have complied with their duty to have due regard
to the guidance on public benefit published by the Charity Commission.
orge (C
irnian)

NEUADD DYFI
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
for the Year Ended 31st March 2025
I report on the accounts of the charity for the year ended 31 st March 2025, which are set out on
pages7to 11.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The Ch￿Ity'S trustees are rcsponsible for the preparation of the accounts. The charity's
tnL8tees consider that an audit is not required for this year under section 144 of the
Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
Examine the accounts under section 145 of the Charitics Act,
To follow the procedures laid down in the general Directions given by the Charity
Commission (under section 145(5)(b) of the Charities Act), and
To state whether particular matters have come to my attention
BASIS OF INDEPENDENT EXAMINER'S STATEMENr
My examination was carried out in accordance with the general Directions given by the
Charity Commission. An examination includes a review of the accounting records kept
by the charity and a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the accounts, and seeking
explanations from the trustees concerning any such matters. The procedures undertaken
do not provide all the evidence that would be required in an audit and consequently no
opinion is given as to whether the accounts present a 'true and fair view, and the report
is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no material matters have come to my attention
which gives me cause to believe that in, any material respect .
thc accoullting records were not kept in accordance with section 130 of the
Charities Act" or
the accounts did not accord with the accounting records. or
the accounts did not comply with the applicable requirements concerning the forn]
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.
I hav¢ no 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.
R W Evans Bsc Econ(Hons), FCCA
Major and Evans,
Chartered Certified Accountants,
15 Penrallt Street,
Machynlleth,
Powys.
Date .

NEUADD DYFI
STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31st March 2025
Restricted
Income
funds
Unrestricted
funds
Total
funds
2025
Total
funds
2024
Notes
CO]KE
Donations
Premises Hire
Sale of Electricity
Cultural Event Income
Bank Interest
11,996
15,821
4,921
15,188
289
8,694
20.690
15,821
4,921
15,188
289
10,277
13,361
5,213
5,890
242
Total income
48,215
8,694
56,909
34,983
EXPENDITURE
Water
Electricity and Gas
Repairs, Renewals and Maintenance
Cleaning
Intemet
Licences and Subscriptions
Insurance
Sundry Expenses
Financi(il Fees and Charges
Accountancy
Cultural Event Costs
Community Needs Survey
Depreciation
603
6,966
8,237
2,887
1,274
1.377
4,284
603
6,966
8,237
2,887
1,274
1,377
4,284
551
7,430
4,347
2,257
731
928
3,847
678
1,000
12.886
678
1,000
12,886
126
1,000
4,556
25.621
25,621
24,966
Total ¢xpenditure
40,192
25,621
65.813
50,739
NET INCOMEI{EXPEI¥DITURE)
8,023
(16,927)
(8,904)
(15,756)
TOTAL FUNDS BROUGHT FORWARD
106,443
703,823
810,266
826,022
TOTAL FUNDS CARIUED FORWARD
114,466
686,896
801,362
810,266

NEUADD DYFI
BALANCE SHEET
as at 31st March 2025
2025
2024
Notes
FIXED ASSETS
Tangible Assets
773,872
789,749
CURRENT ASSETS
Debtors
Cash at bank
3,441
25,049
28,490
2,685
l8,832
21,517
CREDITORS . amounts falling due
within one year
(1,000)
(1,000)
NET CURRENT ASSETS
27.490
20,517
TOTAL ASSETS LESS CURRENT LIABILITIES
801,362
810,266
CREDITORS: amounts falling due
after more than one year
NET ASSETS
801,362
810266
FUNDS OF THE CHARITY
Unrestricted Funds
Restricted Income Funds
114,466
686,896
106,443
703,823
801,362
810,266
Signed by the following trustees on behalf of all the trustees:
Signature
Print Name
Date of Approval

NEUADD DYFI
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2025
l. Basis of Accounting
These accounts have been prepared under the historical cost convention with items recognised at cost
or transaction value.
The accounts have been prepared in accordance with
the Statement of Recommended Practice . Accounting and Reporting by Charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS102)
the Financial Rcporting Standard applicable in the United Kingdom and Republic of Ireland
(FRS102}
and wÉth the Charities Act 2011
The charity constitutes a public benefit entity as defined by FRS 102.
2. Accounting Policies
a) Income
This is Kncluded in the Statement of Financial Activities (SOFA) when
the charity becomes entitled to the resources.
it is more likely than not the trustees will receive the resources and
th¢ monctary value can be measured with sufficient reliability
Thcre has bcen no offsetting of income and expenses.
b) Expenditure and Liabilities
Liabilities are recognised wh¢r¢ it is more likely than not that there is a legal or constructive
obligation cornmitting the charity to pay out resources and the amount of the obligation can be
measured with reasonable certainty.
c) Assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provid¢d at rates
calculated to write off the cost of fixcd asscts Icss th¢iT estimated residual value over their
expected useful lives as follows .
i) Freehold Buildings
2 % per annum straight line basis
ii) Fixtures, Fittings and Equipment
30/0 per annum straight line basis
iii) Fixtures, Fittings and Equipment 15 % per annum reducing balance basis

NEUADD DYFI
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31stMarch 2025
3. Donations
2025
2024
Restrieted
Aberdyfi Advertising and Improvements Committee
8,694
8,694
Unrestricted
Aberdyfi Community Council
Aberdyfi Advertising and Improvements Committee
Others (up to £1,000 each)
4,492
5,000
2,504
4,091
5,000
1,186
11,996
10,277
4. Tangible Fixed Assets
Fixtures,
Freehold Land Fittings and Computer
and Buildings Equipment Equipment
Total
Cost
At I st April 2024
Expenditure in Year
645,646
346,587
9,744
356,331
712
992,945
9,744
1,002,689
645,646
712
Depreciation
At 1st April 2024
Charged in Year
94,946
12,913
107,859
107,760
12,635
120,395
490
73
563
203,196
25,621
228,817
At 31st Mareh 2025
537,787
235,936
149
773,872
The land and buildings known as Neuadd Dyfi, Aberdyfi is vested in the Official Custodian
for Charities.
Neuadd Dyfi is insured for £2,103,458 which is an estimate of its replacement cost.
10-

NKUADD DYFI
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2025
5. Debtors
2025
2024
Premises Hire
Insurancc Pr¢payment
776
2,665
2,685
3,441
2,685
6. Creditors: amounts falling due within one yegdr
2025
2024
Trade Creditors
Accruals
1,000
I,000
1,000
1,000
7. Restricted Income Funds
The only restricted income fund is the Neuadd Dyfi Redevelopment Project.
8. Analysis of Net Assets Between Funds
Unrestricted Restricted
Funds
Funds
Total
Fixed Assets
Net Current Assets
Creditors due in more than one year
773,872
(86,976)
773,872
27,490
114,466
Total Net Assets
114,466
686,896
801J62