Company Regi$tratlon No. 810098 (England and Wales) CYMMER WORKMEN'S HALL AND INSTITUTE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
CYMMER WORKMF.Y'S HALI. AND IIYSTITIITF LEGAL AD ADNiifilSTK4TIIIE IJFC)R.11.4TION FOR THE YEAR ENDED 3151 DECF.MIIF.R 2022 C.h#rity number 810098 Address Office Street Porth RCT CF39 9AH Trustees Gary Gooding Dai'id Wilion G(Ireth LminluCI John Marshman
CYMMER WORKMF.N'S HALL AND lliSTITUTF. 1NDEFEDF.T EXAIN11F.R'S RF.PORT FOR THE YF.AR ENDED 31. ' DECEMBER 2022 Independent Examitter's Report io ibe trustees of Cvmmer Workmtn's hall and Ènstitut¢. Report to the trusiees of Cymmer workmen's hall and institute for the accounts for the year ended 31" December 2022. which are set out on pages 3 to 9. Resw>n3ibilitie$ 4nd basis of report I repon io ihe irusiees on my eX1tiVn vf ili¢ coUl]IS of the alx)vc charity ("thc Tt") for ihe year ended 31" December 2022. As the ¢haril}' trustees of the Trust. N'ou are responsible for Ihe preparation of the account5 in accordancc '1th Ihe requiremenls of the Charilies Aci 2011 ("the Aci"}. I report in respeci of m), examinaiion of lh¢ Trust'5 4lLLOUllts catTicd oul under scction 145 of the 2011 Act and in carying oui m), examinaiion, I have followed the applicable Direction5 given by the Charity Commission under seciion 145(5)(b) of the Act. IndeptndeTht ex4min¢r's Jtalem¢nl I have completed my examination. I confirm that no material mHtters have c(Trme 10 my in connection '1th the examinaiion which byji'es me cause lo lIeVe that in, any material respCl.. accounting records were not kept in accordance with section 130 ofihe Act or the accounls do not accord wilh ihe accounling records I hav¢ no ¢onecrns and have ¢ome across no other matters in conn¢etion with ihe e.xAminatinn to which attention should be draTr in order lo enable a proper understanding of the ac¢ounts to be reached. Young Lk Phillips Limited Chartered Accountants 77 Bute Streel Treorchy RCT CF42 6AH I V SePteMr 2023
CYMMER WORKMF.Y'S H.4LL AND INSTITUTE STATEMLNT OF Fif4ANCIAL ACTIN'ITIF.S OK THE YEAR EiNDED 31 DECF.MBER 2022 Total Funds Total Funds 2022 2021 Noie Incoming Resources Incoming re50urcesfrom generaiedfyn&f." Charitable aciiviiies: RCT Coronavirus granls 10,000 Activilies for bienerating funds: Bar sales Oiher income Cor()navirus Job retention grant Wc13h b*ov¢mmcnt gront Bank interesl 268,679 3.511 135,985 1.985 22,117 fi.?6fi 5,000 54 Total In¢oming Resources 277.244 176..1$7 Resources Expended Cubis vf¥¢ii¢idtiii¥ fuiids Charitable aclivities Governance Costs 274,477 18ti0?1 207 1,550 1,600 Total Resoyrces Expended 276,077 183,778 Net incomin&l(OUlgoing) resources .167 (7,421) Total funds brought forward 190,920 198,341 Total Funds Cgrried Fornard 192,087 190,920
CYMMER WORKMEfi's HALL AIYD INSTITirrE BALANCE SHEET AS AT 31ST DECEMBER 2022 2022 2021 Nole Fixed A5Stts Tangible fixed assets 131.959 132,058 131.959 132,058 Current Assets Sio¢ks Debtors Cash ai bank in hand 9,714 506 69,465 8,226 306 69,377 79.685 77,909 Liabilities: Amounts falling du¢ within one year Crcditurs 19.557 19,047 Net c.urrent Aqset8 60.128 58,862 Net Assets 192.087 190,()20 Funds Unre5lri¢ted funds 192,087 190.920 TotAI ChArity Funds 192,0157 1gU,920 The company was entitles lo exemption from audit under s477 of the Companies Act 2006 relating lo small companies. The members have not required the company lo obtain an audit in accordance wilh s¢clion 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying wilh the requirements of the Companies Act with respect lo accouniing records and preparation ofaccounts. These a¢count8 have been prepared in accordance with the provisions applicable to small companics SUbjt to ihe small cornpanics regime and in accordanc¢ 'ith FRS102 SORP. Signed on behalf of the Trustees: Date. IG. 9. 262 Gary Gooding (Chair)
cy1MF.R M'ORKIIF.N'S HALL AND INSTITUE NOTES TO THF. .4CCOI"NTS FI)R THE YF. I. DECEMBER 2022 Basis of re ration 1.1 Ba315 of Accounting These accounts have been prepared under ih¢ hisiuriLuI LVSL wnveIitioii witli itcllls iccognised at ¢ost or transaction valuc unl¢ss otherwise staled in the relevant nole(s) to these accounts. The accounis have been prepared in accordance wiih.. the Statement of ReLommended Practice: Accounting and Reporting by Charities prepArin&' their accounts in accordance with the Financial Reponing Standard applicable in the UK aiid Rcpublir of It¢land (fRS 102) issu¢d on 16 July 2014 and with the Charities Acl 2011. 1.2 Going CoD¢ern These accounis have been prepared on the b&sis thai the charity is a going concern. Accountin Poli¢ie$ 2.1 Ineome R¢cognition of inrome These are includLxl in ihe Siaiement of Financial Activities (SOFA) when: the charity becomes enliiled to the re50urces' li is more likely ihan not ihai the truslL'es will r¢LLiI"¢ IIIL r¢suurL¥S' aiid thc mon¢¢ary value can bc mcajurcd sb'ith SU1¢1¢At reliability -Incoming resources from trading activity l5 accounted for when eamed -Income from inteTes1 is incliided In the Accniints 'hen receipt is probable and the amount receivable can be measured reliably. 2.2 F.xpenditure and lighilitiL¥ Expenditure 15 included in the accounls on an accruals basis. Expendilure includes any VAT, whiLII cannot be fully recovered. Govern¥n¢e And support Costs Costs of generaiing funds comprise c0515 wilh nmninB thc bar SVLidl ¥lub at ili¢ woi'kiii¢ii' hall. Chariiable expendiiure comprises those coms Incued by ihc charity in th¥ ¢Jrlivery of 115 activitics and r¥IceS for its beneficiories. It includes l)oth costs that can be allocated directly l() such activities and thno e()qt% nf an indirect nature necessary lo support them.
CYMIIER II'ORKMEYI 'S HALL AIYD IIYSTITUE Pi(ITES TO THF. ACCOliNI TS FOR THE YEAR F.NDED 31. DECEMBER 2022 Governance eosts incliide thfi co.sts assoeiaied Hryth meeting th¢ constitutional and slatutory requirements of the charity including audit fees and cosis linked to the strategic managcmenl ol. the charity. All costs are allocated beiween the expendiiure categorie5 of th¢ SOFA un a basis dcsi8iicd io reflect the use of the resource. Costs relating to a particular activity are allocated directly; oihei's ar¢ apwirtioned on an appropriate basis. Li*bility r¢¢ognition Liabililies are recognised where it 15 more likely than nol thal there is a legal or constructive obligation committing the charity to pa). oui resources and ihe amount of the obligation ¢an be measured with reasonable certainty. D¢ferred incom¢ No material item of deferred income h&$ been included in the accounls. Creditors Th¢ Charity has credilors which are measured at settlement amounls less any trade diountS 2.3 Assets Tan%ible fixed #ssets for use b). charit). Thcse or¢ ¢opiinlised if they can be u5¢d for more than one year. 8nd cosl nel of depreeiation and any impainnenl losses. Depreciation is recogniscd so as to Tile off the cost or valuation of assets less their residual valiii over their useful lii'e5 on ihc following bases: Fixtures and equipment 2/¢ of cosi per annum Stock and work in progress Stocks are staled ai the lower of cost and estimated selling price less costs to compleie and sell. 2022 2021 Machine income Other income 2.743 768 1.985 3,511 1,985 Page 6
CYMMER WORKMF.N'S HALL AND INSTITUE P4OTES TO THE ACCOtiNTS FOR THF. YF.AR ENDED 31 ' DF.CEMBER 2022 TotAI Resources Ex ended Cost of Charilybl Generating Ac¢ii'ities Funds 2022 Total 2021 Tot*1 Bar Stock Staff costs Siaff pension costs Ciames, entertainmeni. films Rates Insurance Lig¥ht and heat Cleaning RLpairs and maintenance Printing, postage and stationery TLl¢phon¢ Rental Professional fees lockiaking fees Accountancy D(thk ¢hars¢s Credii eard charges L hariiable donalions D¢precaiion 118.750 70,783 871 24.355 118.750 70,783 871 24.355 66,029 61,897 778 13.452 1,792 3.560 14.231 2.337 9,924 ,792 3,560 14,231 2.337 9.924 703 2,646 6,865 1.645 13.026 194 194 227 4.502 6.948 6.868 630 4.502 6,948 6.868 630 1,600 1.248 685 2.991 5.241 5.382 411U 1.550 1,600 685 207 659 799 799 274.477 1,600 276,077 183,778 PAid em lo ees The total of paid emplnyees for ihe year is £76,783 (£61.897 in 2021) with additional eosis of £871 (£778 in 2021) for staff pensions. The average number of employees in ihe year wa5 15 (15 in 2021) Page 7
CYMI1ER IVORKMEN'S H.4LL AE%D INSTITUE NOTF.S TO THE ACCOI,NT FOR TIIF. YEAR ENDED 31%.1 DECEIMBER 2022 Tan ible Fixed Assets Freehold Pro Fixture5 Fittin andE ment Total Cost Ai l January 2022 Additions Disposals 130,499 89.606 700 220.105 700 Ai 31 December 2022 130,499 90,306 220.805 Accumulated Dcpreciation At l January 2022 Charge lor year Depreciation on disposals 88,047 799 88,047 799 At 31 December 2022 88.846 88,846 Net Book Value At 31 December 2022 l.lQ.499 1.460 131,959 Al 31 December 2021 130.499 ,346 131.845 Stock Sic)ck relates io bar stock and is measured at the lower of cost or net realisable value. Debtors 2022 2021 Prepayments and accrued income 506 306 506 306 Creditors reditors-due within one 'eAr 2022 2021 Trade creditors Accruals Taxation and Social security 8,553 5,120 5,884 8,045 5,083 5,919 19.557 19.047 Page 8
CYMMER M'ORKNqEN?S HALL AND INSTITUE NOTES TO THF. ACCOI,'NTS FOR THE YF.AR F.NDF.D 31%.1 DF.CEMBER 2022 10 Tran5a¢tions With Trustees and Related Parties TruJl¥rJ' ¥Ay¥iixs Members of the mana%ement commiiiee receiN'ed honorarium lotalling £nil from ihe charity durin the year ended 2022 (2021- nil). The honorarium is approved by the members of the managemenl's committee. No trustee or oiher person elated to Ihe charil). had an), personal inlerest in any contract or transaction entered in(0 by the charil>' during ihe year (2021 nil) Page 9