TREGYNON COMMUNITY CENTRE
ANNUAL FINANCIAL STATEMENTS
YEAR ENDING 30TH SEPTEMBER 2023
Charity No: 701908
TREGYNON COMMUNITY CENTRE STATEMENTOF FINANCIALA 12 MONTHSENDED 30.09.23 12 nKnlhs endlr $0.09. 12 fflonlh5 endin 30 08.22 INCOMING RESOURCES RENTSANDAFFILIATEOFEE5 NET BAR TAKIN65 BANK INTEAEST AECEIVED OTHER GRANTS OONATIONS FUND RAISING- NeT WASTE RECYCLING 6.893 2.557 li 19.5Ql 6.620 3,000 601 49 435 31.0 18,853 RCE EXPENDED CARETAKING AND BOOKINGOFFICER wTE COLLECTION WATER CHARGES ELEcfRiaTY HEATING CML INSURANCE 4,853 535 4.440 eoi 4.MO 1.574 877 357 4.239 1.680 2 874 18.230 417 HALL MAINTENANCE HALL IMPROVEMENTS CONSUMABLES BAD DEBTS PRINTING,PUSTAGE AND PHOTOCOPYING io 30.046 1B,262 591 LESS.. DEPRECIATION 7.187 7.921 7.187 6.IT3 7.921 7.330 NETSURPLUS IIDEFian FUND BALANCE 8/FWD FiJND BALANCE UFWD 169.906 163733 177,23e 1e9.90S SMAlw )Avi4J fcA. gIL•ll6 13.3. I•1*
TREGYNON COMMUNITY CENTRE AT a0. YO.2? FIXED LEKSEHOLD BUILDING EQUIPMENf& FURNfTURE 497.596 504,704 238 504.942 497.755 RRENT ASSETS DEBTORS- RENT 8ARSTOCK H IN HAND CURRENT ACCOUNT COIF ACCOUNT PREPAYMENTS 350 16.631 24,944 16.2 44,422 542,177 43,570 548,S12 TOTAL FIXED AND CLIRRENT A55E NTiILMEs ACCRUALS PAYMENTSIN ADVANCE 14831 (751 1601 I3? 541782 558 547 954 NET ASSEtS AIFID FUNO 8ALANCEC/FWD REVALUATION RESERVE FUND 8ALANCECIFWDTO 2024 163,733 378,049 i69,5 378,049 54? 954 rCsLUt4 ' Etxtsktl Woo
TREGYNON COMMUNITY CENTRE
NOTED TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023
1. ACCOUNTING POLICIES
These accounts have been prepared under the historic cost convention and in accordance with applicable accounting standards and the Statement of Recommended Accounting Practice on Accounting by Charities.
2. RENTS & AFFILIATED FEES
| Rental from the Hiring of the Hall FY23 Affiliation Fees School capitation Fees |
2023 2022 £ £ 3,261 2,988 400 100 3,805 3,805 |
|---|---|
| 7,466 6,893 |
3. BAR TAKINGS
| Income received from Bars held during period Expenditure Stock movement |
2023 2022 £ £ 5,872 3,680 3,155 - 2,420 - 160 - 340 |
|---|---|
| 2,557 1,600 |
4. INTEREST RECEIVED
| COIF Account | 2023 2022 £ £ 896 90 |
|---|---|
| 896 90 |
5. FUND RAISING
| Quiz Night Christmas Bingo New Years Eve Quiz Night Easter Bingo |
Total Takings Expenses Net Profit £ £ £ 110.00 - 110.00 414.00 50.40 - 363.60 456.00 1,150.00 - 694.00 - 111.00 - 111.00 544.60 - 544.60 |
|---|---|
| 1,635.60 1,200.40 - 435.20 |
TREGYNON COMMUNITY CENTRE
NOTED TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023
6. FIXED ASSETS
| Cost of asset Accumulated Depreciation Depreciation for year Additions for year Revaluation Revaluation depreciation Disposals Net Book Value as at 30.09.23 |
Leasehold Hall £ 279,243 152,588 7,108 - 378,049 - - 497,596 |
Equipment/ Furniture £ 44,954 44,716 79 - - - - 159 |
Total £ 324,197 197,304 7,187 - 378,049 - - |
|
|---|---|---|---|---|
| 497,755 |
Land & Buildings
Depreciated over the expected life of the asset on a straight line basis (i.e 99 years - period of the lease)
Equipment & Furniture
Depreciated 25% on straight line basis (on total assets at year end)
Revaluation of Land & Buildings
During 2010 a revaluation was carried out on the Building. This resulted in a revaluation of £590,000 Original valuation / cost was £355,637, this has been increased to reflect the £590,000
7. DEBTORS
The following invoices were still outstanding as at 30.09.23:
| Date of Invoice Inv No Customer 30/09/2022 2022053 Friends of the School 31/03/2023 2023028 Friends of the School 31/03/2023 2023031 Debbie Argle 30/06/2023 2023041 Tiddlers 30/06/2023 2023043 Bowls 22/09/2023 2023053 Laura Williams Child party 22/09/2023 2023055 Caroline Shaw 22/09/2023 2023056 Dawn Davies 22/09/2023 2023057 Tregynon Post Office 30/09/2023 2023058 Tiddlers 30/09/2023 2023059 Young Farmers Club 30/09/2023 2023060 Bowls 30/09/2023 2023061 Community Council 30/09/2023 2023062 Craft 30/09/2023 2023063 Knit & Natter 30/09/2023 2023064 WI 30/09/2023 2023065 Friends of the School |
Value 50.00 50.00 25.00 56.00 105.00 25.00 40.00 25.00 75.00 56.00 75.00 60.00 20.00 65.00 60.00 30.00 25.00 |
|---|---|
| 842 |
TREGYNON COMMUNITY CENTRE
NOTED TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023
| 8. ACCRUALS Music Licence Trade refuse 9. GRANTS Nation Lottery - for new boiler Wind farm trust - for new boiler Davies Sisters Charity - for new boiler Community Council Annual Grant 10. Hall Improvements Costs for new Boiler: Neil Jackman Plumber ACE Electrical 11. Other Income Scottish Power - Alternative fuel payment |
£ 181 154 |
|---|---|
| 335 | |
| £ 9,500 2,500 5,000 2,500 |
|
| 19,500 | |
| £ 14,841 3,389 |
|
| 18,230 | |
| 150 |