| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 18 |
| Detailed Statement of Financial Activities | 19 | to | 20 |
| 30.11.20 | 30.11.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 2 | 117 | |||
| Charitable activities | 5 | ||||
| Hall events & activities | 149 | 149 | 405 | ||
| Other trading activities | 3 | 1,678 | 1,678 | 8,256 | |
| Investment income | 4 | 2,160 | 2,160 | 2,040 | |
| Total | 3,987 | 3,987 | 10,818 | ||
| EXPENDITURE ON | |||||
| Charitable activities | 6 | ||||
| Hall events & activities | 10,880 | 10,880 | 16,374 | ||
| Other | 806 | 12,390 | 13,196 | 13,152 | |
| Total | 11,686 | 12,390 | 24,076 | 29,526 | |
| NET INCOME/(EXPENDITURE) | (7,699) | (12,390) | (20,089) | (18,708) | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 67,290 | 468,441 | 535,731 | 554,439 | |
| TOTAL FUNDS CARRIED FORWARD | 59,591 | 456,051 | 515,642 | 535,731 |
| 30.11.20 | 30.11.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | f | f | f | f | |
| FIXED ASSETS | |||||
| Tangible assets | 12 | 32,385 | 456,051 | 488,436 | 496,244 |
| CURRENT ASSETS | |||||
| Debtors | 13 | 2,567 | 2,567 | 2,243 | |
| Cash at bank | 26,764 | 26,764 | 40,444 | ||
| 29,331 | 29,331 | 42,687 | |||
| CREDITORS | |||||
| Amounts falling due within one year | 14 | (2,125) | (2,125) | (3,200) | |
| NET CURRENT ASSETS | 27,206 | 27,206 | 39,487 | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 59,591 | 456,051 | 515,642 | 535,731 | |
| NET ASSETS | 59,591 | 456,051 | 515,642 | 535,731 | |
| FUNDS | 15 | ||||
| Unrestricted funds | 59,591 | 67,290 | |||
| Restricted funds | 456,051 | 468,441 | |||
| TOTAL FUNDS | 515,642 | 535,731 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | 30.11.20 | 30.11.19 | |
| £ | £ | £ | £ | |
| Physicians of Myddfai Society | 100 | |||
| Easy Fundraising | − | 17 | ||
| Myddfai Ty Talcen Limited | ||||
| Grand Concert | ||||
| Welsh Place Names Society | − | |||
| Volunteers Dinner | ||||
| 117 |
| 30.11.20 | 30.11.19 | ||
|---|---|---|---|
| £ | £ | ||
| Hall Hire | 1,678 | 8,256 | |
| 1,678 | 8,256 | ||
| 4. | INVESTMENT INCOME | ||
| 30.11.20 | 30.11.19 | ||
| £ | £ | ||
| Feed in tariff | 2,146 | 2,014 | |
| Deposit account interest | 14 | 26 | |
| 2,160 | 2,040 |
| S. | INCOME FROM CHARITABLE | ACTIVITIES | ||
|---|---|---|---|---|
| 30.11.20 | 30.11.19 | |||
| Activity | ||||
| Hall activities & events | Hall events & activities | 149 | 405 | |
| 30.11.20 | 30.11.19 | |||
| Show Income | 213 | |||
| Cultural Committee Income | 149 | 192 | ||
| 149 | 405 | |||
| 6. | CHARITABLE ACTIVITIES COSTS | |||
| Direct | Support | |||
| Costs (see | costs (see | |||
| note 7) | note 8) | Totals | ||
| Hall events & activities | 2,130 | 8,750 | 10,880 | |
| 7. | DIRECT COSTS OF CHARITABLE ACTIVITIES | |||
| 30.11.20 | 30.11.19 | |||
| Stained Glass Panel | 1,100 | 2,140 | ||
| Volunteers Dinner | SOO | 600 | ||
| Aaron Perry −CD Player Cultural Committee Donation (2020: Morriston Cardiac Unit 2019: |
300 | |||
| Prostate Cymru) | 160 | 200 | ||
| Licences & subscriptions | 70 | 2,529 | ||
| Training & Courses | 300 | |||
| Myddfai Show Costs | 169 | |||
| 2,130 | 5,938 |
| SUPPORT COSTS | ||||
|---|---|---|---|---|
| Governance | ||||
| Management | Other | costs | Totals | |
| Other resources expended | 13,196 | 13,196 | ||
| Hall events & activities | 7,118 | 1,632 | 8,750 | |
| 7,118 | 13,196 | 1,632 | 21,946 | |
| Support costs, included in the above, are as follows: | ||||
| Management | ||||
| 30.11.20 | 30.11.19 | |||
| Hall | ||||
| events & | Total | |||
| activities | activities | |||
| Rates and water | 284 | 282 | ||
| Insurance | 2,327 | 2,171 | ||
| Light and heat | 3,548 | 3,946 | ||
| Repairs & maintenance | 959 | 1,530 | ||
| 7,118 | 7,929 | |||
| Other | ||||
| 30.11.20 | 30.11.19 | |||
| Other | ||||
| resources | Total | |||
| expended | activities | |||
| Depreciation of tangible fixed assets | 13,196 | 13,152 | ||
| Governance costs | ||||
| 30.11.20 | 30.11.19 | |||
| Hall | ||||
| events & | Total | |||
| activities | activities | |||
| Accountancy & legal fees | 1,632 | 2,507 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 116 | 1 | 117 |
| Charitable activities | |||
| Hall events & activities | 405 | 405 | |
| Other trading activities | 8,256 | 8,256 | |
| Investment income | 2,040 | 2,040 | |
| Total | 10,817 | 1 | 10,818 |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Hall events & activities | 16,374 | 16,374 | |
| Other | 698 | 12,454 | 13,152 |
| Total | 17,072 | 12,454 | 29,526 |
| NET INCOME/(EXPENDITURE) | (6,255) | (12,453) | (18,708) |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 73,544 | 480,895 | 554,439 |
| TOTAL FUNDS CARRIED FORWARD | 67,289 | 468,442 | 535,731 |
| INTANGIBLE FIXED ASSETS | |
|---|---|
| Website | |
| developme | |
| COST | |
| At 1st December 2019 and | |
| 30th November 2020 | 15,170 |
| AMORTISATION | |
| At 1st December 2019 and | |
| 30th November 2020 | 15,170 |
| NET BOOK VALUE | |
| At 30th November 2020 | |
| At 30th November 2019 |
| TANGIBLE FIXED ASSETS | ||||||
|---|---|---|---|---|---|---|
| Fixtures | ||||||
| Freehold | Plant | and | and | Computer | ||
| property | machinery | fittings | equipment | Totals | ||
| £ | £ | £ | £ | £ | ||
| COST | ||||||
| At 1st December 2019 | 604,511 | 6,147 | 15,557 | 1,469 | 627,684 | |
| Additions | 5,387 | 5,387 | ||||
| At 30th November 2020 | 609,898 | 6,147 | 15,557 | 1,469 | 633,071 | |
| DEPRECIATION | ||||||
| At 1st December 2019 | 109,920 | 6,112 | 13,939 | 1,469 | 131,440 | |
| Charge for year | 12,198 | 35 | 962 | 13,195 | ||
| At 30th November 2020 | 122,118 | 6,147 | 14,901 | 1,469 | 144,635 | |
| NET BOOK VALUE | ||||||
| At 30th November 2020 | 487,780 | 656 | 488,436 | |||
| At 30th November 2019 | 494,591 | 35 | 1,618 | 496,244 |
| 13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 30.11.20 | 30.11.19 | |||
| f | f | |||
| Trans with related parties | 2,567 | 2,243 | ||
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.11.20 | 30.11.19 | |||
| f | f | |||
| Other creditors | 2,125 | 3,200 | ||
| 15. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 1.12.19 | in funds | 30.11.20 | ||
| f | f | f | ||
| Unrestricted funds | ||||
| General Fund | 65,386 | (7,640) | 57,746 | |
| Myddfai Show | 782 | 782 | ||
| Cultural Committee | 1,122 | (59) | 1,063 | |
| 67,290 | (7,699) | 59,591 | ||
| Restricted funds | ||||
| Building Funds | 447,247 | (10,993) | 436,254 | |
| Development Fund | 19,670 | (484) | 19,186 | |
| Marquee Fund | 1,149 | (688) | 461 | |
| Bowls club | 375 | (225) | 150 | |
| 468,441 | (12,390) | 456,051 | ||
| TOTAL FUNDS | 535,731 | (20,089) | 515,642 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| f | f | f | |
| Unrestricted funds | |||
| General Fund | 3,837 | (11,477) | (7,640) |
| Cultural Committee | 150 | (209) | (59) |
| 3,987 | (11,686) | (7,699) | |
| Restricted funds | |||
| Building Funds | (10,993) | (10,993) | |
| Development Fund | (484) | (484) | |
| Marquee Fund | (688) | (688) | |
| Bowls club | (225) | (225) | |
| (12,390) | (12,390) | ||
| TOTAL FUNDS | 3,987 | (24,076) | (20,089) |
| Comparatives for movement in funds | |||
| Net | |||
| At | movement | At | |
| 1.12.18 | in funds | 30.11.19 | |
| f | f | f | |
| Unrestricted funds | |||
| General Fund | 71,626 | (6,240) | 65,386 |
| Myddfai Show | 738 | 44 | 782 |
| Cultural Committee | 1,180 | (58) | 1,122 |
| 73,544 | (6,254) | 67,290 | |
| Restricted funds | |||
| Building Funds | 458,304 | (11,057) | 447,247 |
| Development Fund | 20,154 | (484) | 19,670 |
| Marquee Fund | 1,837 | (688) | 1,149 |
| Bowls club | 600 | (225) | 375 |
| 480,895 | (12,454) | 468,441 | |
| TOTAL FUNDS | 554,439 | (18,708) | 535,731 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds | |||
| General Fund | 10,413 | (16,653) | (6,240) |
| Myddfai Show | 213 | (169) | 44 |
| Cultural Committee | 191 | (249) | (58) |
| 10,817 | (17,071) | (6,254) | |
| Restricted funds | |||
| Building Funds | 1 | (11,058) | (11,057) |
| Development Fund | (484) | (484) | |
| Marquee Fund | (688) | (688) | |
| Bowls club | (225) | (225) | |
| 1 | (12,455) | (12,454) | |
| TOTAL FUNDS | 10,818 | (29,526) | (18,708) |
| Net | |||
|---|---|---|---|
| At | movement | At | |
| 1.12.18 | in funds | 30.11.20 | |
| Unrestricted funds | |||
| General Fund | 71,626 | (13,880) | 57,746 |
| Myddfai Show | 738 | 44 | 782 |
| Cultural Committee | 1,180 | (117) | 1,063 |
| 73,544 | (13,953) | 59,591 | |
| Restricted funds | |||
| Building Funds | 458,304 | (22,050) | 436,254 |
| Development Fund | 20,154 | (968) | 19,186 |
| Marquee Fund | 1,837 | (1,376) | 461 |
| Bowls club | 600 | (450) | 150 |
| 480,895 | (24,844) | 456,051 | |
| TOTAL FUNDS | 554,439 | (38,797) | 515,642 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds | |||
| General Fund | 14,250 | (28,130) | (13,880) |
| Myddfai Show | 213 | (169) | 44 |
| Cultural Committee | 341 | (458) | (117) |
| 14,804 | (28,757) | (13,953) | |
| Restricted funds | |||
| Building Funds | 1 | (22,051) | (22,050) |
| Development Fund | (968) | (968) | |
| Marquee Fund | (1,376) | (1,376) | |
| Bowls club | (450) | (450) | |
| 1 | (24,845) | (24,844) | |
| TOTAL FUNDS | 14,805 | (53,602) | (38,797) |
| Detailed Statement of Financial Activities | |||
|---|---|---|---|
| for the Year Ended 30th November 2020 | |||
| 30.11.20 | 30.11.19 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 117 | ||
| Other trading activities | |||
| Hall hire | 1,678 | 8,256 | |
| Investment income | |||
| Feed in tariff | 2,146 | 2,014 | |
| Deposit account interest | 14 | 26 | |
| 2,160 | 2,040 | ||
| Charitable activities | |||
| Hall activities & events | 149 | 405 | |
| Total incoming resources | 3,987 | 10,818 | |
| EXPENDITURE | |||
| Charitable activities | |||
| Donations | 660 | 800 | |
| Cost of hall activities/events | 1,470 | 5,138 | |
| 2,130 | 5,938 | ||
| Support costs | |||
| Management | |||
| Rates and water | 284 | 282 | |
| Insurance | 2,327 | 2,171 | |
| Light and heat | 3,548 | 3,946 | |
| Repairs & maintenance | 959 | 1,530 | |
| 7,118 | 7,929 | ||
| Other | |||
| Freehold property | 12,198 | 12,090 | |
| Plant and machinery | 36 | 89 | |
| Carried forward | 12,234 | 12,179 |
| for the Year Ended 30 | th November 2020 | |
|---|---|---|
| 30.11.20 | 30.11.19 | |
| Other | ||
| Brought forward | 12,234 | 12,179 |
| Fixtures and fittings | 962 | 973 |
| 13,196 | 13,152 | |
| Governance costs | ||
| Accountancy & legal fees | 1,632 | 2,507 |
| Total resources expended | 24,076 | 29,526 |
| Net expenditure | (20,089) | (18,708) |