REGISTERED COMPANY NUMBER: 03469285 (England and Wales)

REGISTERED CHARITY NUMBER: 1081298

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Cwmni Beddgelert Cyf

Page

Report of the Trustees

1

to

2

Statement of Financial Activities

3

Balance Sheet

4

to

5

Notes to the Financial Statements

6

to

9

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 November 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Cwmni Beddgelert Cyf was formed in 1997 to take over the old Capel Cysegr (familiarly known as Capel Bach). On formation the company had eight volunteer directors, two of whom were trustees of the original Chapel.

The main aim of the company was to raise funds to completely renovate and secure the future of the building which is situated in such a prominent site and to ensure it was kept for the benefit of the village. The company was registered as a charity and the building was renamed Canolfan Hebog.

After a couple of years of hard work fund raising and match funding renovations were completed in 1999, when the main part was leased to the Snowdonia National Park where, to this day, they run a very successful tourist information centre. The Ganolfan also has an IT room equipped with seven computers which are available for use by the public via the TIC centre and where IT courses can be held. Upstairs has three rooms, one of which is occupied by the SNP warden, the second was, until recently, used by North Wales Police as a Police Post and the third is a small meeting room which is available for hire.

Around 2010, Cwmni Beddgelert Cyf acquired the Snooker Club which had, until then, been maintained by the few remaining members of Snowdonia Billies who had formed to renovate and keep the club going for the use of members.

OBJECTIVES AND ACTIVITIES

Objectives and aims

To promote the benefit of the inhabitants of, and visitors to Beddgelert; to advance the education and to provide the facilities in the interest of social welfare for recreation and other leisure-time occupations with the object of improving their conditions of life.

FINANCIAL REVIEW

Principal funding sources

The principle funding source for the company was through the provision of facilities associated with it's primary objectives.

Reserves policy

It is the view of the trustees a that sufficient reserves should be maintained to enable the charitable activities to continue for at least twelve months even if no incoming resources were received.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charitable company is governed by its governing documents, it's memorandum and articles of association, and constitutes a limited company,limited by guarantee, as defined by the Companies Act 2006.

The company was incorporated on 21 November 1997 and its governing documents were amended by way of a special resolution on 31 May 2000. Soon after on 28 June 2000, the company was registered as charity at the Charity Commission.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03469285 (England and Wales)

Registered Charity number

1081298

Registered office

Canolfan Hebog

Beddgelert

Caernarfon

Gwynedd

LL55 4YB

Trustees

Mr W A Hughes

Mrs E Ness Treasurer

Mrs M W Rowley Secretary

Mr D Williams Chairman

Mr K Owen

Mrs M J Jones

Company Secretary

Mrs M W Rowley

TRUSTEES' RESPONSIBILITY STATEMENT

The trustees (who are also the directors of Cwmni Beddgelert Cyf for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-	select suitable accounting policies and then apply them consistently;

-	observe the methods and principles in the Charities SORP;

-	make judgements and estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 27 July 2026 and signed on its behalf by:

Mrs M W Rowley - Trustee

30.11.25

30.11.24

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

-

(1

)

Charitable activities

Charitable objects

7,668

8,580

Investment income

2

854

967

Total

8,522

9,546

EXPENDITURE ON

Other

10,234

12,935

NET INCOME/(EXPENDITURE)

(1,712

)

(3,389

)

RECONCILIATION OF FUNDS

Total funds brought forward

220,981

224,370

TOTAL FUNDS CARRIED FORWARD

219,269

220,981

30.11.25

30.11.24

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

6

151,012

155,883

CURRENT ASSETS

Debtors

7

1,107

1,107

Cash at bank and in hand

68,507

64,592

69,614

65,699

CREDITORS

Amounts falling due within one year

8

(1,357

)

(601

)

NET CURRENT ASSETS

68,257

65,098

TOTAL ASSETS LESS CURRENT LIABILITIES

219,269

220,981

NET ASSETS

219,269

220,981

FUNDS

9

Unrestricted funds

219,269

220,981

TOTAL FUNDS

219,269

220,981

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 27 July 2026 and were signed on its behalf by:

Mrs M W Rowley - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The charitable company constitutes a public benefit entity and the trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. Consequently, these financial statements have been prepared on the assumption that the charity is able to carry on its activities as a going concern. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

4% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

The charity is also registered for value added tax under the registration number 720 7934 36 and in line with accounting convention the financial statements are prepared on the basis that, where applicable, all necessary figures are disclosed net of value added tax. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	INVESTMENT INCOME

30.11.25

30.11.24

£

£

Deposit account interest

854

967

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.11.25

30.11.24

£

£

Depreciation - owned assets

4,871

4,871

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 November 2025 nor for the year ended 30 November 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 November 2025 nor for the year ended 30 November 2024.

5.	STAFF COSTS

The company did not have any employees nor did it incur any staffing costs in the two years ended on 30 November 2022.

6.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 December 2024 and 30 November 2025

267,915

18,313

286,228

DEPRECIATION

At 1 December 2024

112,033

18,312

130,345

Charge for year

4,871

-

4,871

At 30 November 2025

116,904

18,312

135,216

NET BOOK VALUE

At 30 November 2025

151,011

1

151,012

At 30 November 2024

155,882

1

155,883

7.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Other debtors

985

985

VAT

122

122

1,107

1,107

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

1

1

Accrued expenses

1,356

600

1,357

601

9.	MOVEMENT IN FUNDS

Net

At

movement

At

1.12.24

in funds

30.11.25

£

£

£

Unrestricted funds

General fund

220,981

(1,712

)

219,269

TOTAL FUNDS

220,981

(1,712

)

219,269

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

8,522

(10,234

)

(1,712

)

TOTAL FUNDS

8,522

(10,234

)

(1,712

)

Comparatives for movement in funds

Net

At

movement

At

1.12.23

in funds

30.11.24

£

£

£

Unrestricted fund

224,370

(3,389

)

220,981

TOTAL FUNDS

224,370

(3,389

)

220,981

Comparative net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

9,546

(12,935

)

(3,389

)

TOTAL FUNDS

9,546

(12,935

)

(3,389

)

10.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 November 2025.