## **Llandybie Public Memorial Hall Report. Yearend December 2021.** The hall has bounce back very well since the pandemic, financially we rode through the storm using the rainy-day reserves. The hirer’s have returned and a study footfall are coming back through the doors. The post office sadly continues to make a lost with the hall subsidising it to the tune of £250 per month. As a business model the post office doesn’t work for the hall. However, there is a big community need for the service within our village, Therefore, it was agreed that the hall would continue to support it for the time being, but have periodic reviews. The two staff that are employed by the hall are both generic workers, which is important for the sustainability of the hall. As trustees we would like to thank both Ian & Mandy for their hard work. Financially the hall is in a good position, and the buildings are all in a good state of repair. We have no plans to make any capital investments into the buildings at this present time, we will just continue with our regular maintenance program. Finally, last year I announced that this was my last year in office as honourable secretary for the hall, a position that I’ve enjoyed immensely. It’s been a pleasure taking the hall through the regeneration into the one stop shop. In the early days twenty years ago myself and Tony, Burnt the midnight oil, planning and rewriting the bids over and over - with Tony proofreading. We had many meetings with funders and builders. It was a big learning curve for us both. It is with sadness that I close this final report from me, I wish the charity well, and long may it continue to serve the people of Llandybie as it was intended when set up in 1924. Diolch Yn Fawr Ann Richards Honourable Secretary REGISTERED CHARrrY NUMBER: 523895 Report ofthe Trustees and Unaudited Flnancial Statements For The Year Ended 31 December 2021 for Uandybie Public Memorlal Hall Waltwood Accountants Certified Public Accountants Bron Haul Johns Terrace Carmel Carmarthenshire SA14 7SD Uandybie Public Memorlal Hall Contents of the Financial Statements for the year ended 31 December2021 Page Report of the Trustees Ito2 Independent Examiner's Report 3to4 Statement of Financial Artivities Balance Sheet Notes to the Financial Statements 7toll Detailed Statement of Financial Activities 12 Uandybte Publi¢ Memorlal Hall Reportol tho Trustees forth¢ year ended 31 De¢ember 2021 REFERENCE AND ADMINISTRATIVE DETAILS Re8Istered Chaiity number 523895 Prlnclpal address Woodtleld Road Llandyble Ammanford Carmarthenshlre SA18 3UR Trustees Chairper50n I rèa5urer Sammy Davie5 Deiyth Pricg Secretary Ann Richard5 Commltt*• Members Moyra f)3v￿$ luntll passing Bway on 12112120211 lftdependent E¥amlner Noil C Barr4ttf.c.p.a. Wakwvv vantants BrDn Haul John5Terrate Carmel Carmarthenshire SA14 7SO SThUCTURE, GOVERNANCE AND MANAGtMENT Governlngdocument The charity 15 ¢ontroll&d by itsgoverning document, a deed of trust and constttutes an unlncorptsrated charity. Rlsk mana￿rneTrt Thetrustè95 have a dutyto identlfy and reviewthè r(sksto which the charfty Isexp05ed and to ensure approprlate controlsare In place to provide reasonable assurance againstfrayd and error. Events and actlvltle5 which tske lace at the Memorial Hall om 8 re Hywel Dda Heakh Board Leg Ulcer Clinic Actif Sport and LeisurÈ Burlesque Danclng The Old Mlll Foundation Weight L055YourWay with Paula Girl Guid L13ndeilo Quikers Llandyble Womens Instrture Footcare Oawnswyr Penrhyd The Mix Youth Group Llandybie Youth Group Ammanford Evangèlical Church ul r basls LlaTrd¥ble Publ1¢ Memorlal Hall Report of the Yrust985 for the year ended 31 Deeember 2021 One Ottand Block bookin Hywel Dda Héakh Board Camiarthenshire County Counell Barod Cymr Carm3rthènshire Carers Kirks Canine Aeademy Happy Paws WCKA karate & Klekboxln Ke links bullt between: Health board Local GP, 3 sertor broker A number of 3 sector organE3tions Children's Blrthday Partles Llke 2020. 2021 has been another differenttype of yearforthe HBII. Wti h Coronavirus restrf¢tlons In place for a lèrge part of the year. this Wewould once again1ike to thank Llandybie Communty Coun¢ll forthelreontlnued support and annu41 donationto Hall. Independent Examiner's Report to the Trustees of Llandybie Public Memorial Hall I report on the financial statements of the Charity on pages 6 to 12 for the year ended 31st December 2021 Respective responsibilities of trustees and examiner The Charity's trustees are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 14411) of the Charities Act 2011 Ithe Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination. Having satisfied myself that the charity is not Subject to audit, and is eligible for independent examlnatlon, it is my responsibility to:_ al examine the accounts under section 145 of the Art,. bl to follow the procedures laid down in the General Directrons glven by the Charity Commission under section 14515llbl of the Act,- and,. cl to state whether particular matters have come to my attention. Basis of opinion and scope of work undertaken I conducted my examination in accordance with the General Directions given by the Charlty Commissioners for England & Wales in relation to the condutting of an independent examination, referred to above. An independent examlnation Includes a review of the accoijnting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanation5 from you as trustees concerning such matters. The purpose of the examination is to establish as far as posslble that there have been no breaches of the Charities legislation and that the flnanclal statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosLtres in the financial statements. The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination 15 not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view glven by the financial statements, and in particular, l express no opinion as to whether the flnancial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. I planned and perfornied my examination so as to satisfy myself that the objectives of the independent examination are achieved and before f inalising the report l obtain written assurances from the trustees of all material matters. Independent Examiner's Statement, report and opinion Subject to the limitations upon the scope of my work a5 detalled above examination, I can confirm that in conneciion with mv 11 this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection15llbl of that section which are applicable- and that no matter has come to my attentlon in connertion with my examination whlch glves me reasonable cause to believe that in any material respect the requirements lil to keep accounting records in accordan￿ with section 130 of the Art,. lill to prepare flnancial statements which accord with the accounting records and comply with the accounting requirements of the Act and,. liiil that the financial statements be prepared in accordance with the methods and principles set out in the Statement of Recommended Practice - Accounting and Reporting by Charities have not been met,. or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached,. Neil C Barrett f.c.p.a. Waltwood Accountants Bron Haul John5 Terrace Carmel Carmarthenshire SA14 7SD Ilandybie Public Memorlal Hall ststement of Financial Activities for the year ended 31 December 2021 31st Dec 2021 315t Dec 2020 Unrestricted Restricted funds funds Total Funds Total funds Notes INCOMING RESOURCES Intoming resources from generated funds Vo5untary income Investment income Incomlng resources from charltable actlvltli Charitable artivities 11,320 11,320 2,420 24 39,377 39,377 41,733 Total incoming resources 50,700 50,700 44,177 RESOURCES EXPENDED Charitable artivities Charitable activities Governance costs Other resources expended 45,229 6,795 45,229 6,795 53,169 1,742 Total resources expended 52,024 52,024 54,911 NET INCOMINGIIOUTGOINGI RESOURCES 11,3241 11,3241 110,7341 RECONCIUATION OF FUNDS Total funds brought fonvard 732,053 3,267 735,320 746,054 TOTAL FUNDS CARRIED FORWARD 730 729 3,267 733,996 735,320 The notes form part of these financial statements Uandybie Public Memorlal Hall Balance Sheet at 31 December2021 31st Dec 2021 31st Dec 2020 Notes FIXED ASSETS Tangible assets io 669,450 670,384 CURRENT ASSETS Stocks Debtors Cash at bank and in hand li 12 285 6,355 66,658 285 5,114 64,191 73,298 69,590 CREDITORS Amounts falling due within one year 13 18,7521 14,6541 NEf CURRENT ASSETS 64,546 64,936 TOTAL ASSETS LESS CURRENT LIABILITIES 733,996 735,320 NET ASSETS 733,996 735,320 FUNDS Unrestricted funds- General fund Revaluation surplus 14 171,753 558,976 173,077 558,976 730,729 732,053 Restricted funds.. Main Grant 3,267 3,267 TOTAL FUNDS 733,996 735,320 The financial statements were approved by the Board of Trustees on . signed on its behalf by.. . and were S Davie5 - Tr A Richards -Trustee The notes form part OT these Tlnanclal statements Uandybie Public Memorfal Hall Note5 to the Financial Statements for the year ended 31 December 2021 I. ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the historical cost convention with items recognized at cost or transartion value unless otherwise stated in the relevant note5 to the accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice-. Accounting and Reporting by Charltles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and with the Charities Act 2011. Incoming resources All incoming resour￿$ are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure Is accounted for on an accruals basis and has been classified under headings that aggregate all cost re13ted to the category. Where costs cannot be directly attributed to particular headings they have been allocated to actlvltles on a basis consistent with the use of resources. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery Computer equipment 25°h reducing balance 15°h reducing balance Stocks stocks are valued at the lower of cost and net realisable value, after makI￿g due allowance for obsolete and slow moving items. Taxation The charity is exempt from tax on its charitable activities. Fund accountlng Unrestrirted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restrirted funds can only be used for particular restricted purposes within the objetts of the charity. Restrirtions arise when specified by the donor or when funds are raised for particular restrirted purposes. Further explanation of the nature and purpose of each fund is included in the note5 to the financial statements. Llandybie Publie Memorial Hall Notes to the Financial Statements for the year ended 31 December 2021 (Continued} 2. VOLUNTARY INCOME Unrestrirted Restrirted fund5 fund5 31st Dec 2021 31st Dec 2020 Other Grants & Donations Llandybie Media Resource Centre Main Grants 11,320 11,320 11,320 11,320 2,420 2,420 3. INVESTMENT INCOME 31st Dec 2021 31st Dec 2020 Deposit account interest 24 24 4. INCOMING RESOURCES FROM CHARITABLE AcfiviTIES Unrestricted funds Restricted funds 31st Dec 2021 31st Dec 2020 Hire of hall and sundry income Post Office income 30,178 9,199 30.178 9,199 29,166 12,567 39,377 39,377 41,733 5. CHARITABLE ACTIVITIES COSTS Unrestricted Restricted funds funds 31st Dec 2021 31st Dec 2020 Catering, kitchen and bar purchases Post Office purchases Wages and stsff pensions Repairs, renewals and cleaning Sundry expenses Light and heat Training Water rates Fire safety and alarm5 Telephone and office expenses Llcences Depreciation Insurance Bank charges 355 30,908 3,076 30,908 3,076 30,764 8,971 5,098 5,098 5,652 133 961 1,555 133 961 1,555 680 1,105 1,895 1,533 1,959 1,533 1,959 1,826 1,921 45,229 45,229 53,169 Llandybie Public Memorial Hall Notes to the Financial Statements for the year ended 31 December 2021 (Continued) 6. GOVERNANCE COSTS Unrestrirted funds Restricted funds 31st Dec 2021 31st Dec 2020 Honaria Professional fees (including accountancy) Bank interest 1,300 5,495 1,300 5,495 1,357 385 6,795 6,795 1,742 7. OTHER RESOURCES EXPENDED Unrestricted funds Restricted funds 31st Dec 2021 31st Dec 2020 Hall improvements and capital expenditure 8. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for this year nor for the prior year . Trustees, Expenses There were no trustees, expenses paid for thi5 year nor for the prior year. 9. STAFF COSTS 315t Dec 2021 31st Dec 2020 Wages and salaries Social security 30,908 30,764 30,908 30,764 The average monthly number of employee5 during the year was as follows.. 31st Dec 2021 31st Dec 2020 Average number of employees Llandyble Publlc Memorial Hall Note5 to the Financial Statements tor the year ended 31 December 2021 (Continued) 10. TANGIBLE FIXED ASS￿5 Freehold property Plant and machinery Computer equipment Totsls COST Opening Addition5 Grants received Closing DEPREaATION Opening Charge for year Closing NET BOOK VALUE AT 31st Dec 2021 664,529 23,397 599 3,101 691,027 599 664,529 23,996 3,101 691,626 18,344 1,413 19,757 2,299 120 2,419 20,643 1,533 22,176 664,529 4,239 682 669,450 31st Dec 2020 664,529 5,053 802 670,384 11. STOCKS 315t Dec 2021 31st Dec 2020 Stocks 285 285 285 285 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31st Dec 2021 31st Dec 2020 Amounts recoverable on contract 6,355 5,114 Prepayments 6,355 5,114 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONEYEAR 31st Dec 2021 31st Dec 2020 Trade creditors Wages creditor 8,752 4,654 8,752 4,654 io Llandybie Publlc Memorial Hall Notes to the Financial Statements for the year ended 31 December 2021 {Contlnued) 14. ANALYSIS OF NEf ASS￿$ BETWEEN FUNDS Unrestrlcted Restricted funds funds 31st Dec 2021 31st Dec 2020 Fixed assets Current assets Current liabilities 669,450 70,031 18,7521 669,450 73,298 18,7521 670,454 69,590 14,6541 3,267 730,729 3,267 733,996 735,390 li Llandybie Public Memorial Hall Detailed Statement of Financial Activities h)r the year ended 31 December2021 31st Dec 2021 31st Dec 2020 INCOMING RESOURCES Voluntary income Other Grants & Donations Llandybie Media Resour￿ Centre Main Grants Investment income Deposit account interest Incornlng resources from charltable attlvltles Hire of hall and sundry income Post Office income 11,320 2,420 24 30,178 9,199 29,166 12,567 Total incorne 50,700 44,177 RESOURCES EXPENDED Charitable activities Catering, kitchen and bar purchases Post Office purchases Wages and staff pensions Repairs, renewals and cleaning Sundry expenses Light and heat Training Water rate5 Fire safety and alarms Telephone and office expense5 Licences 355 30,908 3,076 30,764 8,971 5,098 5,652 133 961 1,555 680 1,105 1,895 Depreciation Governance costs Honaria Professional fees (including accountancvl Bank interest Other resources expended Hall improvements and capltal expenditure Support COSIS Management Insurance 1,533 1,826 1,300 5,495 1,357 385 1,959 1,921 Finance Bank charges Total resources expended 52,024 54,911 Net income / lexpendlturel 10,734 This page does not form part of the statutory financial statements 12 REGISTERED CHARrrY NUMBER: 523895 Report ofthe Trustees and Unaudited Flnancial Statements For The Year Ended 31 December 2021 for Uandybie Public Memorlal Hall Waltwood Accountants Certified Public Accountants Bron Haul Johns Terrace Carmel Carmarthenshire SA14 7SD Uandybie Public Memorlal Hall Contents of the Financial Statements for the year ended 31 December2021 Page Report of the Trustees Ito2 Independent Examiner's Report 3to4 Statement of Financial Artivities Balance Sheet Notes to the Financial Statements 7toll Detailed Statement of Financial Activities 12 Uandybte Publi¢ Memorlal Hall Reportol tho Trustees forth¢ year ended 31 De¢ember 2021 REFERENCE AND ADMINISTRATIVE DETAILS Re8Istered Chaiity number 523895 Prlnclpal address Woodtleld Road Llandyble Ammanford Carmarthenshlre SA18 3UR Trustees Chairper50n I rèa5urer Sammy Davie5 Deiyth Pricg Secretary Ann Richard5 Commltt*• Members Moyra f)3v￿$ luntll passing Bway on 12112120211 lftdependent E¥amlner Noil C Barr4ttf.c.p.a. Wakwvv vantants BrDn Haul John5Terrate Carmel Carmarthenshire SA14 7SO SThUCTURE, GOVERNANCE AND MANAGtMENT Governlngdocument The charity 15 ¢ontroll&d by itsgoverning document, a deed of trust and constttutes an unlncorptsrated charity. Rlsk mana￿rneTrt Thetrustè95 have a dutyto identlfy and reviewthè r(sksto which the charfty Isexp05ed and to ensure approprlate controlsare In place to provide reasonable assurance againstfrayd and error. Events and actlvltle5 which tske lace at the Memorial Hall om 8 re Hywel Dda Heakh Board Leg Ulcer Clinic Actif Sport and LeisurÈ Burlesque Danclng The Old Mlll Foundation Weight L055YourWay with Paula Girl Guid L13ndeilo Quikers Llandyble Womens Instrture Footcare Oawnswyr Penrhyd The Mix Youth Group Llandybie Youth Group Ammanford Evangèlical Church ul r basls LlaTrd¥ble Publ1¢ Memorlal Hall Report of the Yrust985 for the year ended 31 Deeember 2021 One Ottand Block bookin Hywel Dda Héakh Board Camiarthenshire County Counell Barod Cymr Carm3rthènshire Carers Kirks Canine Aeademy Happy Paws WCKA karate & Klekboxln Ke links bullt between: Health board Local GP, 3 sertor broker A number of 3 sector organE3tions Children's Blrthday Partles Llke 2020. 2021 has been another differenttype of yearforthe HBII. Wti h Coronavirus restrf¢tlons In place for a lèrge part of the year. this Wewould once again1ike to thank Llandybie Communty Coun¢ll forthelreontlnued support and annu41 donationto Hall. Independent Examiner's Report to the Trustees of Llandybie Public Memorial Hall I report on the financial statements of the Charity on pages 6 to 12 for the year ended 31st December 2021 Respective responsibilities of trustees and examiner The Charity's trustees are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 14411) of the Charities Act 2011 Ithe Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination. Having satisfied myself that the charity is not Subject to audit, and is eligible for independent examlnatlon, it is my responsibility to:_ al examine the accounts under section 145 of the Art,. bl to follow the procedures laid down in the General Directrons glven by the Charity Commission under section 14515llbl of the Act,- and,. cl to state whether particular matters have come to my attention. Basis of opinion and scope of work undertaken I conducted my examination in accordance with the General Directions given by the Charlty Commissioners for England & Wales in relation to the condutting of an independent examination, referred to above. An independent examlnation Includes a review of the accoijnting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanation5 from you as trustees concerning such matters. The purpose of the examination is to establish as far as posslble that there have been no breaches of the Charities legislation and that the flnanclal statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosLtres in the financial statements. The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination 15 not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view glven by the financial statements, and in particular, l express no opinion as to whether the flnancial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. I planned and perfornied my examination so as to satisfy myself that the objectives of the independent examination are achieved and before f inalising the report l obtain written assurances from the trustees of all material matters. Independent Examiner's Statement, report and opinion Subject to the limitations upon the scope of my work a5 detalled above examination, I can confirm that in conneciion with mv 11 this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection15llbl of that section which are applicable- and that no matter has come to my attentlon in connertion with my examination whlch glves me reasonable cause to believe that in any material respect the requirements lil to keep accounting records in accordan￿ with section 130 of the Art,. lill to prepare flnancial statements which accord with the accounting records and comply with the accounting requirements of the Act and,. liiil that the financial statements be prepared in accordance with the methods and principles set out in the Statement of Recommended Practice - Accounting and Reporting by Charities have not been met,. or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached,. Neil C Barrett f.c.p.a. Waltwood Accountants Bron Haul John5 Terrace Carmel Carmarthenshire SA14 7SD Ilandybie Public Memorlal Hall ststement of Financial Activities for the year ended 31 December 2021 31st Dec 2021 315t Dec 2020 Unrestricted Restricted funds funds Total Funds Total funds Notes INCOMING RESOURCES Intoming resources from generated funds Vo5untary income Investment income Incomlng resources from charltable actlvltli Charitable artivities 11,320 11,320 2,420 24 39,377 39,377 41,733 Total incoming resources 50,700 50,700 44,177 RESOURCES EXPENDED Charitable artivities Charitable activities Governance costs Other resources expended 45,229 6,795 45,229 6,795 53,169 1,742 Total resources expended 52,024 52,024 54,911 NET INCOMINGIIOUTGOINGI RESOURCES 11,3241 11,3241 110,7341 RECONCIUATION OF FUNDS Total funds brought fonvard 732,053 3,267 735,320 746,054 TOTAL FUNDS CARRIED FORWARD 730 729 3,267 733,996 735,320 The notes form part of these financial statements Uandybie Public Memorlal Hall Balance Sheet at 31 December2021 31st Dec 2021 31st Dec 2020 Notes FIXED ASSETS Tangible assets io 669,450 670,384 CURRENT ASSETS Stocks Debtors Cash at bank and in hand li 12 285 6,355 66,658 285 5,114 64,191 73,298 69,590 CREDITORS Amounts falling due within one year 13 18,7521 14,6541 NEf CURRENT ASSETS 64,546 64,936 TOTAL ASSETS LESS CURRENT LIABILITIES 733,996 735,320 NET ASSETS 733,996 735,320 FUNDS Unrestricted funds- General fund Revaluation surplus 14 171,753 558,976 173,077 558,976 730,729 732,053 Restricted funds.. Main Grant 3,267 3,267 TOTAL FUNDS 733,996 735,320 The financial statements were approved by the Board of Trustees on . signed on its behalf by.. . and were S Davie5 - Tr A Richards -Trustee The notes form part OT these Tlnanclal statements Uandybie Public Memorfal Hall Note5 to the Financial Statements for the year ended 31 December 2021 I. ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the historical cost convention with items recognized at cost or transartion value unless otherwise stated in the relevant note5 to the accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice-. Accounting and Reporting by Charltles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and with the Charities Act 2011. Incoming resources All incoming resour￿$ are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure Is accounted for on an accruals basis and has been classified under headings that aggregate all cost re13ted to the category. Where costs cannot be directly attributed to particular headings they have been allocated to actlvltles on a basis consistent with the use of resources. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery Computer equipment 25°h reducing balance 15°h reducing balance Stocks stocks are valued at the lower of cost and net realisable value, after makI￿g due allowance for obsolete and slow moving items. Taxation The charity is exempt from tax on its charitable activities. Fund accountlng Unrestrirted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restrirted funds can only be used for particular restricted purposes within the objetts of the charity. Restrirtions arise when specified by the donor or when funds are raised for particular restrirted purposes. Further explanation of the nature and purpose of each fund is included in the note5 to the financial statements. Llandybie Publie Memorial Hall Notes to the Financial Statements for the year ended 31 December 2021 (Continued} 2. VOLUNTARY INCOME Unrestrirted Restrirted fund5 fund5 31st Dec 2021 31st Dec 2020 Other Grants & Donations Llandybie Media Resource Centre Main Grants 11,320 11,320 11,320 11,320 2,420 2,420 3. INVESTMENT INCOME 31st Dec 2021 31st Dec 2020 Deposit account interest 24 24 4. INCOMING RESOURCES FROM CHARITABLE AcfiviTIES Unrestricted funds Restricted funds 31st Dec 2021 31st Dec 2020 Hire of hall and sundry income Post Office income 30,178 9,199 30.178 9,199 29,166 12,567 39,377 39,377 41,733 5. CHARITABLE ACTIVITIES COSTS Unrestricted Restricted funds funds 31st Dec 2021 31st Dec 2020 Catering, kitchen and bar purchases Post Office purchases Wages and stsff pensions Repairs, renewals and cleaning Sundry expenses Light and heat Training Water rates Fire safety and alarm5 Telephone and office expenses Llcences Depreciation Insurance Bank charges 355 30,908 3,076 30,908 3,076 30,764 8,971 5,098 5,098 5,652 133 961 1,555 133 961 1,555 680 1,105 1,895 1,533 1,959 1,533 1,959 1,826 1,921 45,229 45,229 53,169 Llandybie Public Memorial Hall Notes to the Financial Statements for the year ended 31 December 2021 (Continued) 6. GOVERNANCE COSTS Unrestrirted funds Restricted funds 31st Dec 2021 31st Dec 2020 Honaria Professional fees (including accountancy) Bank interest 1,300 5,495 1,300 5,495 1,357 385 6,795 6,795 1,742 7. OTHER RESOURCES EXPENDED Unrestricted funds Restricted funds 31st Dec 2021 31st Dec 2020 Hall improvements and capital expenditure 8. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for this year nor for the prior year . Trustees, Expenses There were no trustees, expenses paid for thi5 year nor for the prior year. 9. STAFF COSTS 315t Dec 2021 31st Dec 2020 Wages and salaries Social security 30,908 30,764 30,908 30,764 The average monthly number of employee5 during the year was as follows.. 31st Dec 2021 31st Dec 2020 Average number of employees Llandyble Publlc Memorial Hall Note5 to the Financial Statements tor the year ended 31 December 2021 (Continued) 10. TANGIBLE FIXED ASS￿5 Freehold property Plant and machinery Computer equipment Totsls COST Opening Addition5 Grants received Closing DEPREaATION Opening Charge for year Closing NET BOOK VALUE AT 31st Dec 2021 664,529 23,397 599 3,101 691,027 599 664,529 23,996 3,101 691,626 18,344 1,413 19,757 2,299 120 2,419 20,643 1,533 22,176 664,529 4,239 682 669,450 31st Dec 2020 664,529 5,053 802 670,384 11. STOCKS 315t Dec 2021 31st Dec 2020 Stocks 285 285 285 285 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31st Dec 2021 31st Dec 2020 Amounts recoverable on contract 6,355 5,114 Prepayments 6,355 5,114 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONEYEAR 31st Dec 2021 31st Dec 2020 Trade creditors Wages creditor 8,752 4,654 8,752 4,654 io Llandybie Publlc Memorial Hall Notes to the Financial Statements for the year ended 31 December 2021 {Contlnued) 14. ANALYSIS OF NEf ASS￿$ BETWEEN FUNDS Unrestrlcted Restricted funds funds 31st Dec 2021 31st Dec 2020 Fixed assets Current assets Current liabilities 669,450 70,031 18,7521 669,450 73,298 18,7521 670,454 69,590 14,6541 3,267 730,729 3,267 733,996 735,390 li Llandybie Public Memorial Hall Detailed Statement of Financial Activities h)r the year ended 31 December2021 31st Dec 2021 31st Dec 2020 INCOMING RESOURCES Voluntary income Other Grants & Donations Llandybie Media Resour￿ Centre Main Grants Investment income Deposit account interest Incornlng resources from charltable attlvltles Hire of hall and sundry income Post Office income 11,320 2,420 24 30,178 9,199 29,166 12,567 Total incorne 50,700 44,177 RESOURCES EXPENDED Charitable activities Catering, kitchen and bar purchases Post Office purchases Wages and staff pensions Repairs, renewals and cleaning Sundry expenses Light and heat Training Water rate5 Fire safety and alarms Telephone and office expense5 Licences 355 30,908 3,076 30,764 8,971 5,098 5,652 133 961 1,555 680 1,105 1,895 Depreciation Governance costs Honaria Professional fees (including accountancvl Bank interest Other resources expended Hall improvements and capltal expenditure Support COSIS Management Insurance 1,533 1,826 1,300 5,495 1,357 385 1,959 1,921 Finance Bank charges Total resources expended 52,024 54,911 Net income / lexpendlturel 10,734 This page does not form part of the statutory financial statements 12