Cefn Coed Community Centre
Report and Finanual Statements
Year ended 31st March 2023
Chaiity Number 523664

CEFN COED COMMLryrrY CENTRE
Contents
Page
L¢gal &ud AdmiIllstrative Inforn￿tiOll
Report of the Trn5t¢¢s
R¢port of the Indq)endent Examiner
Stat¢m¢nt of Fitsawiat A¢tiviti¢s
Balauce Sheet
Not¢s to the Financial Ststements
7-12

CEFN COED COMMUNITY CEf4TRE
al andadministrative in
ormahon
Registsl Charlty Trlumber
523664
Trustse$
Mr Philip Griffiths Iseeretary)
Mr D Willis {resigDed 15.0525)
Mr R Davies
Mrs A Wilkins (Treasiwer)
MTS S Towning {re%igtted Ilth April 2024)
Mrs J Wilkins (Tesigned 15.05.25)
Mr M J vaugha￿ (appointed 15.05.25)
Mr K R Thomas (appointel 15.05.25)
Mr J Evans (appointed 15.05.25)
Mrs A E Crowson (appointed 15.05.25)
Mr8 C Lang {appointsd 15.05.25)
Frincipil offlc¢
C¢fi] Coed Commutiity Centr<
Cefll Coe
M¢rthyr Tydfil,
CF48 2N
Independent Examlner
R l Knoyle ACA FCCA
Bak¢r Knoyle Accounlaney Ltd..
Chartered Acrountantss.
Orbit Busine&s Ceth,
Rliydycar Busine￿ Park.
M¢rthyr Tydfil,
CF48 IDL.
PL8e I

CEFN COKD COMMUNrrY CELYfRE
orto
the tru51ee5
ear ended 315É.Varch 2023
The trustees present theirTeport and acCO￿ts of the charity for the year ended 3 1st March 2023.
The financial Ststen￿ttts have been prepared iti accoidallce with the a￿o￿ltI￿g policies set out page 7
and comply with the clwitys tNst deed and applicable law.
The Injstees have adopted the provisions of
Ac¢ountEng and R¢porting by CI￿lties.. StatenKnt of iieeonnnended Prartic¢ applicable to clwiti
preparing their accounts in accordance with the Fin￿¢la] Reporting Standard applicable in the UK and
Rcpublic of IrelAnd (FRS 102) {Efftetive l January 2019).
C0Tr5titstion and obj¢¢ts
Tbe Chariry is governed by the r¢vised constitution of Febnwy 2006 arml provides facilities within a
eoD]munity ¢Elltr¢ for the benefit of the ithbitatsts of Vaynor ward atsd tbe nti8hbourhood.
The thn'ty has colltinued to develop its activities in a¢cordAnce its constikntiots. This is to provide
a Con)munity Centse for the ben¢fit of the ithbitants of va￿￿r ward and the neigbbowhood.
All properties, halvhouse and gardge are now vested with the CF￿lty Con]rnission.
Sun)m*ry of majn ACtlvftAu
Th¢ ¢¢ntr¢ operated throughout the year opetiillg daily and by request At we¢kell&q. The
facilitics arc r¢gularly u5¢d by groups 8ud a¢tivity or￿￿1$#110￿S.
How our artAvltle8 dellver public bener
Our centre provide5 facilities within o con]munity centre for the benefit of loc&1 residents. The eentre
provides a focal point for many lo¢at groups and organisations at a Very reasojjable cost.
W¢ have compli¢d with tbe duty in sectioD 17 of tbE 2011 Cbatities Aet to have due regard to gUid￿Ce
published by the Commission in respect of our duty to providc public benefiL
Organlgatlon
The trustees. wbo are also members of the cotnmittee. Ththo Iwe serned dutittg the year are set out on
page l.
The conhtnittee seeks to eLsuTe that the nttds of the cbarity gnd that of the publle. wholn the clwity
8erves. are appropriately reflected through the diversity of th¢ trustee body. Trddiiional busine8S
skills aT¢ r¢pr¢sented aTnong tbe trusttt4 Ls well as indivtduals withknowl¢dg¢ of th¢ ¢nviromllent
witbiti which the Ch￿1￿ operates.
lu aTL attenwt to enwre th81 the needs ofthe Charity the public are meo individuals wbo possess
the requirnl skills and knowledge ore from tirne to time invited to join the board of trustees.
Most tru5tEe5 are atready famili￿ ￿ryth the WOTk of the charity. New trustees are invited to visit the
charity's premise5 ond to mect som¢ of th¢ c¢ntr¢ vscrs to obtain a bettcr whd¢rstallding of how
th¢ Charity operates. New trustees are elleouraged to tneet and hold di%cussions with tbe existitig
trustees.
Pag¢ 2

CEFfi COED COLIIMuyrrY CENfRE
the trustses
ear ended31Ji M4rch 2023
Cont'd
In 2023 income derived from rentsb aT￿ grdnts increased from £41,923 2022 to £45.422 in 2023 while
expenditute deCre￿d from £56.084 to £53.637 ID 2023. The charity therefore gentratEd a deficit
trading p)sition of £8215 {2022'. d¢fi¢it £14,161). General Reserves d￿rta￿d from £14,631 in 2022
to £8,835 ill 2023.
R￿￿illg costs bave been kept to a miuimum ￿there duting the y￿.
Prlnrlpgl fuuding sources
The prill¢ipal illcome sowce continued to be the in¢ome getLerated from I￿11 and roomhir¢ which is the main
fim¢ti¢m of the centre.
Reserves
olle
Tb¢ fvlallagenLenl Committee has examin¢d th¢ ¢baTit￿S Tequtrements for res¢rvK in light of the main
risks to the organisation. It h&9 estabLished a policy ￿therebY the unrestrickd not committed OT
invested in tangible fixed assets held by th¢ charity'should be approxin]ately l? months of expenditure
(cxeludittg the d¢pr¢ciatson charge). The target free r￿ry¢S are therefore appTOXitt)Lt¢ly £5121 8.
Free reserves as at 3 1st Mar¢h 2023 $to(NJ at £8.83), which is short of this target The tn
irttend to address this positio￿ alld aim to illcre￿ fr¢¢ reserves in fijture yeats.
Plans for future perio
The centr¢ plan5 to contune to provide & bigh quality and well mainkned cotnttllllllty c¢ntre for the foreseeable
futtwe, subject to Saliyf2Ctory funding aTrngetnellts.
The centre will Continue to activ¢ly seek w&ys to raise eentre iticorne. primarily thTh)ugb inere&¥ing iucome
g¢nerat¢d from hire of the centre.
Approyed by the board
Phillp Griffiths- Tn]st¢e
1st Sept¢uJb¢r 2025
Page 3

CEFN COED cOTrI￿[U￿ CKNI TRE
Inde
enden¢ Examiners
ort to the Trustees
l T¢POrt lo the cELarity on my examination of the aecounts of thc Cefn Coed Community Centr¢ for tb¢ y¢ar ¢lld¢d
3181 March 2023.
RespoDsibl]ities and basts of rep)rt
As the elwity's truste¢s yoii aTt r¢sponsible for the preparation of tbe a￿)Unts ID acc4)rdance with the requirements
of the Charitres Aet 2011 ('the A¢t').
I report in respect of tny exatnitiation of the chariry's accounts ￿rried out under sertion 145 of the Art and in
¢arryiti8 out ¢vwiuatioll I have followed all the applicable Dirxtions given by the Clwity Convnission LTnder
s¢etion 145(5)(b) of the Act.
Indep¢nd¢Dt exsJther'$ st4ttment
I hav¢ cO￿leted my examination. I confim) that no nwttial lllatt￿￿ IBYe come to my attention In conneetion with
the examination giving mc Cause to believe that ID ally tnateriai TespecL
accoutiting records Mtre Dot k¢pt io res￿ of the cljatity a8 r¢quired by se¢tion 130 of the A¢t,' or
2 the Accoullts do not accord with those records
3 the 8e¢ounts do nol coroplywith the applicable requirements concerning the forn] and conterlt of
accounts ￿t out in the Charities {Accounts and R¢p)rts) R¢gulations 2008 other than any requirement
that the accounts give a 'tnJe and fair view, which 1$ not a matter Consid￿ed as part of independ¢llt
examination.
I have llts concerns aDd have com¢ across no other maueTS in conneetlOD lh¢ examinati￿? to which attention
should be dra
this r¢port in order to enable a proper undersLaryliDg of thc accounts to be reached.
R l Knoyle ACA
Baker Knoyle A¢¢
Orbit Business Celltre
Rhydy&2r BusiDes8 Park
M¢rthyr Tydfil
CF48 IDL
CA
nt*n¢y Limited
Page 4

CETrDI COED COLI(fviuf*ITY CEfiTRE
STA TEME.IVT OF FLWAWC14L ACTIvIT￿s
CLL'DI,VG IIVCOTrIE.4ND E¥PE.,NDITL'REACCOb
FOR THE YE4R EIVDED 31 MARCH 21123
UDreJt-
Rest-
ricted
Funds
Total
Funds
2023
Total
Fund$
2022
Note
Fuuds
INCOME AND ENDOWMENTS FROM
Charlt*bk actlyltles
Community Centre activities- hire income
Donations & legacies
Other income
44.922
5(KJ
44,922
500
19,438
22.485
Total Incomlng resources
(3)
45.422
45,42
41.923
EXPENDITLIRE ON
Charitable aCti￿tieS
Cowmunity Centre activiti&%
51.659
1,978
53,637
56,084
Total re￿)UrceS e￿ended
(2)
51,659
1.978
53,637
56,084
Net (outgoingyincoming resources
before transfers
{6.237}
{1.978)
(8215)
(14,1611
Transfers be￿cen fiLndg
16,237}
(1.9781
(8.215)
{14,1611
Reconclllatlon of Funds
Total fvnds briKLght forward
30,184
67.844
98,028
112,189
Total fijnds carried forward
23.947
65.866
89.813
98,028
The n(*e5 fonn part of these fjnancial staiemen
Page 5

COED COlI(Muf4iTY CENfRE
ALANCE SHEET
AS A T 31 MARCH2023
2023
2022
Nott
TAD4GIBLE FIXED ￿ETs
181
80.978
83,397
CUIUiENf ASSETS
Cash at bank & in hajhd
Debtors and prep&srynents
3.416
10.521
26,569
7,668
13,937
34.237
CREDITORS: amounts falling due
ithin one year
{9)
(5,102)
(19.606)
NLT CLRREwf ASSETS
8.835
14.631
TOTAL A&SETS LE&S CURRENT
LJABILITILS
89,813
98,028
r4ET ASSETS
(io}
89.813
98,028
FUNDS:
Ullrestricted fvnds- Gener41
23.947
30,184
Restrl¢t¢d futtd5- Gr4llts
65,866
67,844
TOTAL FUNDS
89.813
98,028
Approved by the Truste&q on 1st Septanb¢ 2025 aDd 6igued i)n its ￿haIr by..
Mr P Griffiths - Trustee
Page 6

CEFN COED COMMUNrrY CEIYTRE
NOTES FORMIVGPAA T OF THE FIIVAVCL4L STA TEMEJVTS
FOR THE YE4R ENDED 31 NL4RCH 2023
ACCOUNTING POLICIES
The principAI acwuntillg policies are sunynar1s￿I below. The ac¢ounting polici4s have been
applied consistently throughout the year and in the pre￿J]ng year.
a) B¥45is of preparlng the tInaneA￿ ststements
The fLnanthal swements of the charity, whith is a public Tr￿nefit entity under FRS102, have prepared in
ccordlncc with the Charities SORP {FRS 102)'AccouDting and Rewrting by Charitites: Statement of
Recommended PrActi¢e applicable lo charitie8 preparing tbeir accounts in aecordanrK with the Financial
Rq)orting Standard applicable in the UK alld Republic of trelaDd ITrRS102Keffective l January. 2019},
Fiaallcial Reporting St8nd3rd I￿2 The Financial Stalldard applicabl¢ in the UK and Republic of ireLand' and
the Charitie4 Acr 2011. The financi81 st4temenrs have prepared under the htstorioql eost eonventiott.
FSnaoclal r¢portiDg 5t4ndard 102- redllced dl8el(Aure exetw)dons
The charity has taken advantage of the following disclosure exemption in preparaing the8¢
rinanCi￿ st&iements, as pennitt&l by FRS102' The Financial Rq)orting Standard applickble in
the UK aDd Republic of Ireland,:
the requirements of Section 7 Ststement of Cash Flows.
I,egAI forni
Cefn Coed CoDununity Centre is aa unincorp(nted ¢hatity. register￿[ in England & Wales.
b) Fulld accountthg
Unr&%tricted fimds are available for use at the discretion of the trustees in furtherance of the genua]
objectives of the charity.
Restricted fimds are subjected to restrtctions on their eX￿dItuTe iMp￿ed by the donor or through
the ternis of an appea]
c) Incoming resourfes
All incoming resourw ar¢ inclutsj in the statement of fjn8llci￿ acti&illes wl]en the charity is entiiled to the
income and the amount be qtsantifi￿ with reasonable accuracy. The following specific ty)licieg are applied
to particular cat¢gories of income..
Ilall hire and other int&ryally gell￿ated ineome are reeognis￿ ID the accounts on an accruals b&sis, as alld
when the chaTity has provided the service entitling it to the consitsation.
Incomino resources from grants. where related to perforniance and s￿]fiC deliverabl&8, Are aCc￿nted for as
the ¢harity earns the right io consideration by its ptrfortnanc&
Grant$ whfft entitlement is conditional on the delivery of a specific pthrniance by the charity are
recognised w.fyen the thaTity Ivomes uncoDditii)tLall> entitled to the grant.
Grantg for the Purchase of fixed assets are Tecognisal in fijll as restricted funds when receivable. Transfers are
made to unrestricted fijnds (General fi]ndl in linc with the depre£iation policy on the uttderl￿ng asset.
Gifts in kind are included in the income and exp￿ditl￿e account where they are applied in carrying out
charitsble activities. where the charity would othLYwise have ro purch89e the donated f￿lIlty and the b¢nefit i.$
)th quant￿able and material. The quantifiable benefit is shown as trf)th inc4)ming and expended resources
within the appropriate fi￿ds. Where the gifi is an asA it is treAted as income and thken tTr str>ck or agsets
as appropriate.
d) Resourees expended
Expenditure is recognised on an accrual Iwis as a ITability 18 Ill¢u￿￿ Expenditure includeg VAT whieh
CAftnot be r¢wvernL and report￿ as part of the expenditttre to whith il relate8.
Page 7

CEFLY COED COLIIMU.NKTY CEP4TRE
NOTES FORhllNG PAR T OF THE F1ThA￿:cIA1. STA TEME.VTS
FOR THF YFAR ENDED 31 M4RCH 2025
e) Pension costs
Colltributions Are mad¢ to the anployees own personal pension yLhanes. The pension cost charge
represents those contributions payable ty tbe indiv1th￿l s¢trLemes.
O Fixed assets
Fixd assets are stat￿ at cost less accumul￿￿ depreciation. Depreciation is provided at rAtes ￿l¢ll1&ted
to write off the cost of ¢a¢h ass￿ over its expthi use￿1 life.
50 years straI￿r line
4 prs reducing balance & 33.30/• straight line
5 prs straight line and 25Q/o
reducing balallce
Computer equipment
Other 4uipment
Debtors and credltors rettlvAbleJpayible M4th1tt ome ye*r
Debtors and creditors with intemt nqte and r￿ell￿b]e or payablc within one yeaT are retorded at
h) Golng Concern
The charity FL&8 incurraL fither I{￿$£S during the year. and since the year ￿d, hag sufftrred further from
the loss of a re￿￿ar souree of rentsE inc(Hnc.
The trustees are continuously se¢ktng io identify additional inc(me ￿urCeS bDth genetrated inc4me and
grant fvnding.
The futur¢ of the ohority is reliant upon addiiional sources of income ￿Ing identified and receiye
The trustees have a rea90nable expectation that suffici￿1 income will Ee ¥ellerat￿ and allow the charity to
continue for at leax the next 12 months and conso4uen$lythese financi￿ St￿t￿¢￿ts have kn prep￿ed on
a going Conc￿n basis.
TOTAL RESOLRCES EXPENDED
Unrestrieled Restrleted
funds
funds
2023
2022
Tot
Con)munfity CtDtre Artivltles:
Staff costs:
Wages and national insurAnc¢
Employer pen$ion
26.762
462
27,224
26,762
462
27,224
21,592
270
21,862
Premis￿ costs..
Light aud htat
Insurances
Repairs and renewaIs
Telephone & internet charges
Water rate8
Sundry
Clearting and eonsumabl
14.244
1,424
3.665
629
198
612
1,047
14,244
1,424
3,665
629
198
612
1,047
5,353
1,646
20,098
714
18
309
812
21.819
21,819
28,950
Governance costs..
Postage & stationery
A￿ountanCY
732
1,443
2,175
732
1,443
2,175
513
2,340
2.853
Depreciation:
Property
1.978
2,419
2.419
441
1,978
2,419
2,419
51,659
1,978
53,637
56,084
Page 8

CEFN COED COMMUNITY CENTRE
NOTES FORMINGPAR T OF THE F]NA2lICL4L STA TEA￿ly￿s
FOR THE YEAR ENDED 31 MARCH 2823
TOTAL INCOMif4G RESOURCES
2023
2022
Hall Hire
Donations & tKgacie5
44,922
500
19,438
22,485
41,923
Included in donations & legacid8 is £500 (2022.. £2.01)O) of unrestricted grant In￿￿e.
4. NET INCO.MEI{EXPENDITLRE) FOR THE YEAR
2D23
2022
This is stated after charging:
Trustee emolumet]ts
Accountancy fees- Independ￿1 exami￿0￿
oth￿ servic¢s
87
573
2,419
87D
1,470
2,419
Depr￿lati
There were no trustees, expense8 p&id for the w ended 31 March 2023 nor f￿ the year
ended 31 March 2022.
5. STAFF COSTS AND NUMBERS
St&lY((￿ts were as follows:
2023
2022
Salaries
Emplo>rr Pension c¢￿tributIOnS
26,762
462
21.592
270
27,224
21,862
No anployte received emolumc¥Ats of more than £60,IXM)
The average nun]ber of employee& estimated on a full - time equlval￿)t basis, anal)sed by fill)ction
was as follows:
2023
2022
NuTnber
Number
Costs in fitytherAll¢¢ of ¢haritable obJ&ti￿.
The key management personnel of the charity are the trustees. The total emplojee benefits of
the key ge¥sonnel of the charity were £Nil12021-£Nil)
6. TAL4Tiof4
The tharitable is exempt from tsx on its charitable attivities.
DEBTORS
2023
2022
Other debtors and PTepayments
10,521
7,668
Page 9

CEFN COED CoLw￿uNLTy cENfRE
NOTES FORIIINGPART OF THE FNANCL4L STA TEMENTS
FOR THE YEAR E,VDED 31 MARCH 2023
& TANGIBLE FIXED ASSETS
Computer
Llft equlpnTrettt
Equip-
property
Tothl
Cost..
At 1.4.22
8,(M)O
49.(188
120,969
94,382
272,439
At 31.3.23
49,088
120,969
94.382
272.439
Depreciation:
At 1.4.22
Charge for year
49,088
37,572
2.419
94,382
189.042
2,419
At 31.3.23
49,088
39,991
94.382
191,461
IxM)k i'alues..
At31.322
83,397
83,397
At 31.3.23
80,978
80,978
9. CREDITORS: amounts fxlling due Trvithin one year
2023
2022
4.674
428
19.426
180
Taxation and 51Ki&I wurity
5,102
19,606
10. ANALYSJS OF NET ASSETS BETWEEN FUNDS
Unrest-
ricted
Rest-
rictsd
2023
Total
2022
Totsl
T￿sible fJx¢d &sse
Curreat absets
cl￿rent liabilities
15.112
13,937
(s,1￿2)
65.866
80,978
13.937
(5,102)
83.397
26,569
{19,606)
23,947
65,866
89,813
90,360
Page 10

CEFN COED COMMUNITY CENIRE
NOTES FOKVING PAR T OF THE FINAIYCIAL STA TEMENTS
FOR THE YE4R ENDED 31 JIIARCH 2023
11. MOVEMEDJTS IN FUI¥DS
At
IA.22 resollrces r¢sourees
Tr￿￿-
At
31J.23
Reytricted ￿n￿5.
Restricted Capital F￿d
67.844
(1,978)
65,866
Total reslrict￿l fi￿dS
67,844
(1,978)
65,866
Unrestricted fiLlld:
General fi￿d
Designated fi￿dS
14.631
15.553
45,422
(51,218}
{441)
8,835
15,112
30,184
45,422
(51,659)
23,947
T(Kal fimdg
98.028
45,422
(53.637)
89,813
De8ign&td fimds reprwt 2Mounts set aside ￿ writ¢ down fixed asset5.
A¢tliltl¢s undertsken wlth eaeh major fund
Restricttd C¥4pital Fund
Funts r￿e1Ved the purp(Kes of the pwch&8e of ￿UIpMent signific￿[ repairs to the C£ntr¢.
12. C0Tr4TROL
Th¢ charity is controlled by its trusttrx, &8 idcntificd on page l.
13. PEliSION COMTrIITMENTS
During the )r*r the charity WAS eiK)llrritcd to pay £462 (2022: £270) to the emploiteg pension schemes.
At the year end £164 (2022: £5D Contributions were unpai
14. GOING CONCERN
Please r¢f¢r to Going Concern in the Accounting polieieg.
15. RELATED PARTIKS
There were no relat￿ party transactio￿$ for the >rar end￿ 31st March 2023.
Pag¢ll

CEFN COED COMMifNITY CENfRE
NOTFS FOR,11￿G PAR T OF THE FI,YA.NCIAL STA TEMEMTS
FOR THE YEAR E,VDED 31 AL4RCH 2023
16.
COMPAK4TIVE STATEMENf OF FINANCIAL ACTIVTfIES
Lnrest-
rlcted
Rest-
rleted
Fund5
TotAI
Funds
2022
TotAI
Funds
2021
INCOME Af4D END0WM£￿s FROM
Charitable 4rtAvitieJ
Con)munity Centrc adivities- htte itKome
Donations & legaeies
Otber income
19,438
19.438
22,485
6,948
44,366
20.485
Totsl Ineoming resouree8
131
21.438
20.485
41,923
51,314
EXPENDITURE ON
Charit4ble acti￿tiC8
Con)muDity Centre ￿tiVItieS
33.622
22,462
56,084
41,757
TotAI resourees expended
121
33,622
LTr,462
56,084
41,757
Net (outgoing)lincoming resources
b¢for¢ tra￿sf￿5
(12,184)
(1.9771
(14,161)
9,557
Transfers between funds
(1? 184)
(fi,977)
(14,161)
9,557
Re£oncili4tion of Funds
Total ￿lld5 brought fonvard
42.368
69.821
112,189
E02,632
Total funds carried foTrMrd
30.184
67.844
98,028
112,189
The llotes forni part of thes¢ fiu2n¢ial st*rn¢nts.
Page 12