REGISTERED CHARITY NUMBER: 524028 REPORT OF ThE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR PONTYBEREM MEMORIAL INSTITLrrE AND HALL Bevan Bucand LLP Chartered Accountants 45 High Street Ha¥erfor¢knst Pembrokgshlrg SA612BP
PONTYBEREM MEMORIAL INSTITUTE AND HALL CONTENTS OF THE FINAMCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 R•port ofth• Trustees 1 to 2 Ind•p•nd•nt Examlnerf• Rvpori Stat•mont of Flnanciol A¢tFviti Stat•ment of Flnan¢lal Posltlon N¢1•8 to Hnanclal Statsm•nts 6 to 11 Detalled Slatsment of Flnanclal Artlvltl•$ 12
FOR THE YEAR ENDED 31 MARCH 2025 •prAbIa to BIArllM pr•pathJ tho •C¢tr In 8cc4)rfwu tho Fthdal R•prylNJ 8kn[ ** IJ( R•Pe ol1rel0r IFRS 102) Idlo¢the 1 Jor•Jw20191 fum)ur n4ThirvJ ComrnWty of Ponwwem. th8 c4nUnu•8 trj be a valu>b ccffjrnuty l# us¢d fvr vorw ofpuTr(8B by locol IndlTrAdual•, group8. AN[ ness5 for 8nd rw ot cwttMty¥C•m8 1 o• bdng a corthrt 8nd wthn9 venuv. Ih hau kn • yst&y c8rfty 01 th tr IMte¢ ]• POnM Ccffimurdty Ccwndl hold8thdb>W In4tso onL¥ 8 Ih. ext4pUTrJ Hall hm • PuNk b•n• Th chty ha8 Ixl YBg8rd for th• l)wlty c(1c nIn1 wldr8 w wblk bwfil r•4lArnJ oblKIvo8 and pknrJ Its ft)re Tho chth rngets I1 p¥1 4th9nrt ot Dri¥>rMnLmhy d8vebFxw Ftnan¢ld wltlon Tow fvTrJiTrJ recew dun@ wa8 £1tr2.100 12024 £100.810) Ind e)wthl trb• )TW 8nKwnl•J to Q09,08412024 £215PgLI. re8em• amwnt k) Q.l)25.848 of thlch £2.016,lJtX ro Th8 INsteo olm to mphtsln unr4Btrkknl to b• d)Jo ID I1. Th9 101 IB ful90 by gronts f Golng COnM Gov•mln9 documènt preM In8lhut8 Ho1118 controllad by peM Commwty Ccn. Th• Inl•w. 8rn 1 Covndlk¥•. arg governanc• *KI an and th• of thè IW H811 l• hghl In trt by Pont0 Comiunlty C¢Xu1. IrvTh ond eJperKlltwe Is 8dmlnSBtwed by the dwk thr thfr CwncH. REFERENCE APKI ADAiIMsfRATI¥E Pw1nclp addr Co8ibrwk Ro•1 Ponifftrwn elli SA15 SHU
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PONfiBEREM MEIAORIAL INSTrruTE AND HALL Ind•wndent •xamln•rfs r•port to th• tru8ts•s of Pontyrn m•mor1 In•tllut• and Hall I report to the ch8rtty trustees on my eX8mlnalr of the accounts of Pontyberem Memorlol InBtitute and HaN (the TN3t) fortt)e year 8nd$d 31 March 2025. R•8ponslbllltlo• b••l¥ of roport AS the charity trustees of the Trust you are responsIb fc< the propar8tK)n of ts •¢counts in 8ccord8nce 1th Iha raquir8m8nts of the Charities Act 2011 Ilh8 ACYI. I report In r88pect of my examination of thè Trusys accounts canied out under Section 145 of the Act and in carylng out my examination I havg follo¥d all aptAblO Dirpctions given by the Charfty Commlsslon uThJer Sedon 14515llbl of the Ad. Independ•nt ex¥minees •tatemerrt I have ¢ompleled my examination. I confim that Th) matèrial matters have rne to rny attenon In COnnOn wlth the xamlnalion giviry me cause lo believe that in any materfal respect.. a¢countlng [grdS werg not kept In rgspg¢1 of th8 Trust as requirwj by StiOn 130 of tha Act,. or the accounts do not accord Nwth those records., or the accounts do not comply the appllcalAe requlr8m8nts con¢8mlng the fonn and contsnl of accounts 88t oui in the Ch8ritie8 (Accounts and Reports) Regulations 2008 other than any requirem8nt that th8 accc4Jnts give 8 tru6 8nd fair *l)i¢h is not 8 matter considered as part of an independent examination. I have rK) concem8 and have com Bcross no othor matters in connecllon vhth th& examh)atk)n to vA)Id) 8ttenllon should be dravm In thls roport In ordgr to onoblo a propgr undorstsnding ofthe a¢¢ounls lo be wched. un Evans FCA Bevan Bud(land LLP Chartered Accountsnts 45 High Strvet Haverforrht Pembrokeshlra SA612BP 24-i.b)Ztp Page 3
PONTYBEREM MEMORIAL INSTITUTE AND HALL STATEMENT OF FINANCIAL AcTrvinES FOR THE YEAR ENDED 31 MARCH 2Q25 2025 Totsl rd9 2024 Total f8 unrgsth.cted fund Restricted fund Notss INCOME AND ENDOWMENTS FROM Donations and logac 162,100 162.1Crf) 150.810 EXPENDITURE ON Charitabl• actitI Charltable xtMtI8S 161,064 48,0(KJ 2(6,064 215.999 NET114COmEIIEXPENDUftE1 1.036 148.OCKJI {48,9641 165,389) RECONCILIATION OF FUNOS Totsl fund8 brought forward 8,810 2.064,OCKJ 2,072,810 2,138,199 TOTAL FUNDS CARRIED FORWARD 9,846 2,010,OCKI 2,025,846 2,or2,810 Th8 not88 form part ofth8se financ1 thments PBa8 4
l¢tsr 16981 zfa2,q81 $279 io.wj 10.300 .T4Y) (24rd) w7VJ) .13SI 111,Im 2W1&,eoD 2W846 2mwD 12 lthr••lrf¢*d 9W io
NOTE8TOThE FINANCIAL STATEIEiirs FOR TrIE YEAR ENDED 31 MARCH 2023 ACCOUNTINO POUelES B4¥1• of pr¥parlng th•findI1 •t&t•m•ni Thè flnanclal 8lat•m8nt8 d tho charty, thlch 18 a eDIty je1 FRS 11Y2, has ba w•pod Irb acttydw Imth the ChaTfiUe8 SORP IFRS 1021 'AtttyJntlng ar RepoTUrq by Charitiu.. Stat8mont of ReWwffiend Praclir appli¢abl9 to tharfYg9 w8P8th9 th&ir 8¢x0t$ In accg)rdarKe th9 Flnandal ReporfkwJ Stsndard wll(xt48 In th8 UK and Rewbllc oflrelarKI IFRS 1021 1 Uu9ry 201By. Flnori Repot¥j Stsndard 102 Tho Nnwdal RoFornng Sland9rd 8ppliGabk8 in thg UK and Reput41c of Irew and thè Act 2011, The finafthl dalemlI have prred eTthe ¢Ntcunvèrthon. lTrcorn• Inu) thè ClIty ts6 to tho fvrKI8, any p[7•¢• CpJndMoN al#ched thè Ihe rtern18) of hKom• btgn mèl li Is ty¢b3bk8 that the Ir¥xffiè wll bE retd and th8 8mwrrt can b8 M9red rellth. Whoro IncsJm6 ha8 r8W o>wdiiurv {as wlth luryjthlw contrKt knoJm•l IhB InL))m and gw• reported gr in th8 Stat¢nMnt ol 11188. Donathon8 wniwd ¥e&blo. In th8 trAt 8 donalcffl li to INN[v p9th)nDan CondM behr8 th9 Charty •ntIl to th• th• 18 dgtsJRd not rewJnl8ed unll I tlo thettho cond ba fumlled In thg rBpJrOng p1. Int•r•st depDl¥ heid is i1luded kn retb? end the arrwjunt fan be meaTed rd8bty ty th• Chrlty Iwt li noaty ofih• intwe6t ld or tyth8 bk. AII gyp8ndKure 18 ottountsd for on an ba818 and h08 ¢188d vnthr headlng8 Ihst 8KtMg¥tg an r¢LItAd lo the caory. Whero u)St8 cannot bo attrfbut•d lo parbcular h88dings thèy hwo bB8n Suppwxl i¥Mts 8rn madè up of admlrMStr8tion rrAnagebnert ffirth¢è ¢c•ts and govorronc& wsts. Go¥8mÈne• ar8 thoE8 CQ8t8 irteurred kn rthnecknn with lh8 comp]iancè with ts)nSOtulon and T8tYJlbla as89ts we 8tatad ai leg8 awJrhwW 0owvknn18 pded to off th Jt IBJB 8•llmat8d rBslrkMI of tsrwJlLle ffi>xd as ty •4ual Irnlalmants ow weful 8conThnkn as 2% on tsjxt 18% Tdn baè FLfralKI Plort orvj m8cthwy 16% bfj IlThd a888ts are hehl knr Con1nn9 uoe In the (arfVs rnoonjed 81 Mlt at th? timg of awisilkn. ImpainentrnvwJtre ld n$gary. SkK8 aTe v4ued #t ts low of g)6t and net realtsatrle aft¢f makknJ th• aknAn¢• tr¢ ¢1 #nd movlw M•m$. Taxatlon Fund •ccouTrtlng UNeBtslthd fvnd¥ ero Iwmnlrtg rtta¥8bte or gwwatsd for tha obJBcl8 oftho tth firti ed purpose and ore¥vdllgbJg 88 98nw fundB. RG81rkae¢J fijnds can ¢Jnty be u8•J for pthr Mtyctsd wrwse8 thg ot40(8 ofthe clwlty. Rg8trlckn$ 6{ned bytro d(mrorv+thw lund68re fc¢ porfcular re8trfct0d F4VPOBgB. vthlch meei8thege cffterfe Cheffjedto thèfund, tOg8ther%th a fa allc¢eil(n V4JFVC4tco8ts. D••iJr fLmds ar• fvnds ••marW ty tho Ift for a Palar FwfFW. TW are Mt and Futhr 8XF48rdknn ofthe rth F4wprm ofehjrbs trK*Kl&J kn th8 rKts8to thefflnwthJ81atsnvts. rAnllnu&J...
PONTYBEREM MEMORIAL INSTITUTE AND HALL NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnuod FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES- contlnuod nslon costs and oth•r post.r•tlr•m•nt b•neflts The charity operates a defined contribution penon scheme. Contrfbuuons payable to Ihe charfvs p8ndon sctheme are charwl to the Ststement of FinancAal Actmties in the period to which they r8lat6. Don#t•d g¢od¥ Donated goods are recognlsed the Charity has ¢(trol over the item, any conditions assoa8t8d the donated item have been met. the 91P1 of wnomlc benefit from th& u88 of th8 Etsm probable and that economic bttnefft can te rneasurBd reliably. Donated goods arn Indud8d In Incomè 8t the e8timaleil value of Ihe gfft to the ChBrlty wthen received, based the amount that the Charity would have been prepared to pay for th6 goods has it been required lo purchase them, a correspondkng In the oppropriate 8XperlIre heading for Ihe same amount. D•btors Trade 8nd other debtors affj recognised at the setuement amunt due. Prnp8yments are valued al the aTrt pr¢paid nel of any due. Accrued Incomgls indud9d 01 best 8s16ma¢e of Iho 8mounts receivable at th8 balBnce sheet dBt&. Cuh and ¢aJh •quivalents Cash and cash equivalents comprlse cash in hand and demand depo•ts that are readily converbble to a knth arrK)unt of cash and subject to an Ins5gnMcant rtsk to thang9$ In valuo. CrodltOTS Craditors ara r8ccgnls8d ¥th8r8 th& Charity has a pre8enl obligation resulOThJ from a past evgnl that wll pwtbty result In th8 trdnsfer of hjnds to a third paty ond the amount du8 10 3etYe the obllgation can be measured or estimatsd reliably. CreditoTr are norn1 at Iheii seltlemenl amount after allowng for any tr16 dSscounts due. Fin•n¢il in#trument• The Charity only has finandal assets and finand81118blllUe8 of a klnd that ouawfy as basic financial instruments. Ba¢ financial instruments are Inltlalty T9gnIs9¢y at transaction value and subsequently measurgd at their 8elUem8nt v8lu8. Going concern The trustees have cOndered th& flnancial pgrforTnance of th8 ChaTfty for the forgseeable fUre. Sn p8rt1cu18r, th8 néxt 12 to 18 months and are confident that th8 Charty Is a golro Concem. DONATIONS AND LEGACIES 2025 2024 Donations Fundrdisillg in¢ome Grants Hlre of ho11 Evenl$ B8r sal88 Miscellaneous incomè 6C(I 4.132 20.000 42,797 23,687 74.370 516 39,000 29.497 19,860 57,146 975 lff2,100 150,610 Grants raceived. included in the above. a 88 follows: 2025 2024 Pontyberem Communty Courril National GrSd 20,000 35,000 4,000 20.O¢X) 39.000 Page 7 continued...
PONTYBEREM MEMORIAL INSTtruTE AND HALL NOTES TO THE FINAMCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 MARCH 2025 CHARITABLE ACTMTIES COSTS Support ¢08ts18ee nots 41 Direct Tots18 CharIlab activities 204.510 209.064 SUPPORT COSTS Manag8fflent Charitabk 8dlvlOes 4,554 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. temunerdlion cr other benefils for the year ertty 31 IAarth 2025 nor for the yeor ended 31 Merch 2024. Trustee8' oxpen8eB There were trustees, expenses paid fc the yr ended 31 Maffh 2025 nor for the year ended 31 March 2024. STAFF COSTS The average monthly numb&r ofemploy¢¢$ durfng th8 y8arw88 88 follo.. 2025 2024 Coretskw3 Admlnistrator No empk)yees reedved emolumgnts In ex8 of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unrestricted fund Reslricted fund Tol fundg INCOME AND ENDOWMENTS FROM Donatlons a1 IwJaci08 150.610 150.610 EXPENDITURE ON Charltable activitle8 CharitJ19 athllg8 167.999 48,0 215.999 NET INCOMEIIEXPEMDITUREI 117,389) 148.000} 165.389} RECONCILIATION OF FUNDS Total fvnd8 brought forvRrd 26,199 2.112.000 2.138.199 TOTAL FU14DS CARRIED FORWARD 8.810 2.064.000 2,072,810 Pago 8 contlnued...
PONTYBEREM MEMORIAL IN8nTUTE AND HALL NOTES TO THE FINANCIAL STATEMENTS- contlnu•d FOR THE YEAR ENDED 31 MARCH 2025 TANGIBLE FIXED ASSETS Fixtures and fithngs Freehold pr¢pety Plant 8 mathinery Comwt equiprnent Totals COST At 1 Aprfl 2024 8rKI 31 March 2025 2,400,000 40.014 17.076 2.458.032 DEPRECIATION At 1 April 2024 Chatge ftKyeaT 336.000 48,000 26.913 1.965 10,200 1.031 374,055 50.996 At 31 March 2025 384,000 28,878 111 942 425,051 NET BOOK VALLIE At 31 March 2025 2,016.000 11.136 5,845 2,032,981 At 31 March 2024 2,064,CKIO 13.101 6.876 2,083.977 Thè proparty Wa8 fvnd8d by fiJnd8 Tai88d from the community, tch will hav8 to b8 repa M sold. It h8$ begn included at A d88med wsl of £2.400,000 ft)Ilowng 8 valuation by Camwthellshire County Council on 1 Nov8mber 2016. Detalls of the orfglnal cost are ¢uryentty not available. STOCKS 2025 2024 Slo¢k8 2,300 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Income rec8ivabl• Pr8payYn8nts 2.694 322 3.016 11. CREDITORS: AMOUMTS FALLING DUE WITHIN ONE YEAR 2025 2024 26.722 20.793 12. IAOVEMENT IN FUNDS movemont in funds Al 31.325 At 1.4.24 Unr•8trithd funql• General furKJ 8,810 1.036 9.846 ReBtrtcted fvnd8 Property 2,064,000 148.OCQI 2.016,CQO TOTAL FUNDS 2.072,810 146,9641 2.025,846 Pag& 9 continued...
poiirYBEREM MEMORIAL INSTITiJfE AND HALL NOTES TO THE FINANCIAL STATEMENTS- contlnu•d FOR THE YEAR ENDED 31 MARCH 2025 12. MOVEMENT IN FUNDS- ¢ontlnued N8t movement In funds. induded in the above are as foll IrLYJmlng f88ourc Resources expended Movement In fu18 Unrestrlded fundg G8n8ral fund 162,100 1161,0641 1.036 Restrlctgd funds Property 148,orJii {48,0001 TOTAL FUNDS 162,100 1209.0641 146,9841 Conwratlve8 for movement In fund8 movgmgnt In funds At 1.4.23 31.3.24 Unrnstrlct•d fund• General fvnd 26,199 117.3891 8,810 Re•tridèd fvnd¥ PfOPOrty 2,112,000 {48,0001 2,064,000 TOTAL FUNDS 2,138,199 165,3891 2.072,810 comparati n•t mov8m8nt In funds. included in the above are a8 fc4low8: Incomlng ro$ources Resources 8YP8nded ment in funL18 Unmtricted funds Ggnorol fvnd 150,610 1167,999) {17,3891 Rastrlet•d funds Property (48.0001 {48,0001 TOTAL FUNDS 150,610 1215.9991 {65,3891 PURPOSE OF RESTRICTED FUND The r&striiaed funJ r&presgnts thg capttal cost of the freehold buldirvJ The depr9c1ati of the buildiNJ is I%8n off to this reserve on an annual ba818. Page10 conlnued...
PONTY8EREM MEMORIAL INSTITUTE AND HALL NOTES TO THE FINANCIAL STATEMENTS- contlnu FOR THE YEAR ENDED 31 MARCH 2025 13. coKriNGETrrf UA8ILITIES The propety Is funtded by 8 grant. vA)rch will be repayab on cassation of the charlty. RELATED PARTY DISCLOSURES 14. Pontytrerem Memorfal Insliluto and Hall Is held In Imsl by Pontyberem Communty Council. In¢orne and expenditure 18 admlnistered by th8 clerk through tho Communty Councll. The amount to the Community Coun¢ll as at 31 March 2025 was £15.288 12024 £14.1781. During the year grants hav6 been reeeNed from the Community Council to assist with tha Nnning costs of the IAemMal Hal, thes8 grants arg not due to b9 repaid to the Communlty Council. For Ihe year ended 31 March 2025 the grants amounted to £20.00012024 £35.000). 15. INDEPENDENT EXAMINERS REMUNERATION 2025 2024 Indendent examiners f88 {inc vat) 1,504 1,434 Page11
DETLED STATEMENT OF FIMA14CIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2ff24 INC(AIE AND ENDOhlWENTS DonaU¢)n• 4,132 Fundraising income Grants Hire of Events Bar sales milIan9[ 130 39,000 29,497 19,860 57.146 975 42,797 23.687 74.370 516 162,1CKJ 150,610 T(tsl Inwblng r•sour 162,1fAI 150,610 EXPENDITURE Wagas PSlOn$ Insurance Light, h8at 8nd V&ptsr Telephone AthmSnislralkJn Repair6. maInt¢n¢• Stock for rg6819 Rthjse and de8nlNd ¢08ts LaL#)dry Protective dothing Events Heatth 8nd safgty Èxpenso8 Mis(lianeous exn88$ Equipmont leasing Consuwants f888 Licences DeFec oftsr#J1tr48 Ilxed 088•ts 47.833 4.973 427 13,840 1,292 1,161 12,736 25,221 53,461 1.328 9.922 16.&39 30,060 2.713 36.gJ3 234 35.3 2,057 1.089 1,825 51.522 204.510 212.753 Support coots Webgte and Mae11j B8nK an(1 card thr988 1.716 3246 TfA81 ffjsOur exF* 215.939 Ngt •xp•n&thirn 146,964} 165.3891 ThiB P8g8 doo$ fom fv ofthe 8talutory ffirwi¢lMI atements P•ao 12
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