REGISTERED COMPANY NUMBEIL. 02614714 IEngl*nd and Wale%)
REGISTERED CHARITY Ni)MBER: 1004132
POR.
. T14E I'RUSTEfs A
CON.8QLIDA'fED fwANCIAL STA'fF.MENTS FOR I'FII YFAR ENDED
T MARCH 2025
OR
NOR
GRO
WALES

GROUNDWORK N
CONTENTS OF TFIE fiN
FOR TI.IE YEAR ENDE
NC
STATEMENT
31ST MARCH 2025
R¢port of the Truste¢s
Ito13
Re￿rt of the Independent Auditors
14to16
Statement of Financial Activities
17
B818nce Sheet
18to 19
Con801idat¢d Cpsh Flow Statement
20
Notes to th¢ Finan¢lal Statements

GROUNDWORK N
RTH WALES
N(yfES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR E
DED 31ST MARCH 202
Report of the Trustets
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 yeos ended 31st March 2025. The trustees have adopted the provisions of
Accounting and ReFM)rting by Charities.. Ststement of Recommended Practice applichble to charities preparing their
a¢counls in ac¢ordance with the Financial Reporting StaThdard applicable in the UK and Republic of Ireland IFRS 102)
(efie¢tive l January 2015).
Name of Charity
The name of the charity is Groundwork North Wales {GWWW). It is ref¢rred to in this report as 'The Trust"
GWNW wholly own$ two subsidiary trusts {also companies limiled by guarantee). Rcfurbs Flintshir¢ and Wild Ground.
To8ethw the three trusts are referred lo in this T¢POrt as the GIVNW Group of Trusls or ih¢ Group.
GWNW is amember of the Fcdcration of Groundwork Trusts. The use of the word"Groundwork" is used as a coll¢dive
ierni to describe ihe federation and ihe member Groundwork Trusts,
ObJectlves and Actlvltlej
Groundwork North Wale5'5 charitable objectives are sel down in our Memordndum and Articles ot Association &id
date from the interpretation of charitable activiiies when they were drafted in 1991 as amended at annual general
meetings and by written resolution.
To promote Ihc conservation. protection and improvement of ihe physical and natural environment including
th8t which is of educatiorbal or scientific interest to th¢ 8en¢ral public or within which the wildlife is in need
olprotection and including the improvement and maintenanLe of public parks.
To advance public education itj environmental malters and in all matters concerning wildlife and nature
conservation, in ihe ways of better conserying, protecting and itnproving the same wheresoever.
To conserve and protect the physical and natural environment by promotion of sustainable waste monagetnent
pracliL¢s in a¢LordgJ)¢¢ with th¢ best practicable envirotullental uption.
Th¢ promotion for the benefit of the public of urb8n or rural r¢generalion of areas in social or ¢conomic
deprivation. by relieving poverty or fU￿ncIal hardship through improving the employability of disadvantaged
individuals through the provision of work plocemenl. affordable childcare, training and volunteering
opportuniiie& the provision olquality affordable furniture al￿ household good& the provision of items such
as food and energy etriciency measures and energy efficiency advl¢e.
To Provide f￿]]111¢$ for recreation and oiher leisure•time o¢cupalion in the interests of socia] welfare with the
object ofiTnproving the ￿nditionS of life for the persons for whom they ￿¢ intended.
To advanc¢ cultural well-being through people's en8agem¢nl with the arts and the nation's built and naturaI
heritage.
Our Strategie Objectiv¢$
Groundwork North Wales as a ch￿lty works to transforni lives in disadvantsged communitie5. Our teatn help people lo
carry out hundreds of project5 each year. We do this by tackling ¢limate change. helping people out of fuel and furniture
pov¢rty' bringing out the best in young people by helping them to improve their local area. building stronger
communili¢s by improving gr¢en space and conserving the natural environm¢nt' getting people back into work and
supporting them to gain skills and qualifications.
Pa8¢ 1

GROUNDWOIiK N
RTH WALES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FO
THE YEAR
NDED 31 ST MARCH 2025
As an organisation Groundwork North Wales is committed to improving the social, economiq environmental, and
cultural wellbeing of Wales. Focusing our acliviti¢s where we can make the most difference. our diverse range of
programmes and activities enable our teaTn to r¢spond to the changing needs of our commuiiitics. helping thern create
the Wales they want to live in. now and in the future.
Our day-trpday op¢rdtions and our stral¢gic objectives are aligned lo the Groundwork Federation's 2023-28 stralegy to:
Help people improve their pro5pBCts-inLr¢￿1n8 confidence, skill& wellbeing. and employability. and helping
those out ofwork to find jobs in the green economys
Help Feople create better place￿MakIng communit1¢5 gre¢ner. healthier and better prepared for the future
and enabling people to work together lo bring aboul chang¢ in their local area.
Help people protect the planet-SUPPOrting people and businesses to reduce their carbon foolprinl. Cut waste.
nd lake pruL*ical action to combat climate chang¢.
Our Busin¢J$ Plon Obj¢¢¢iv¢s for the ye#r 202&25
Our overriding business plam theme was for our group of choxili¢s to remain financially viable. and lo sustain our ability
to deliver our activities in line with our ch￿Ilable objectives while makin8 the most of opportuftilies to underteke n¢w
initiativ¢s and to a¢hi¢v¢ growth, thereby contributing to the economic. social, environmental and Cultural wellbein8 of
the cofflmunities of North Wal¢s.
It was the first year in which our plgns 8nd actions were trgmed within our new strate8y 2024-2027 with our focus on
people. place, and planet..
W¢ help peopl¢ improv¢ their prospe¢ls and wellbeing ihrough meaningful and quality int¢rYenlion$.
We protect and erthancc green and blue spaces for people and natur¢.
We prolccl thc plan¢¢ wilh p￿11¢￿1 ection to reduce waste and combat climate chon8¢.
Our business plan prioriues were to..
Build on the work we hAve done to position the or8anisation as a national training provider and to 8row both
in demand and geographi¢)Ily.
Addre55 th¢ financial underperformance of our café business wbile maAntainin8 and enhancing its Success and
so¢iai value to the ¢ommunili¢s serv¢d.
Increase our capability lo deliver by investment in our people and volunteer4
Drive ¢￿i¢lenCieS and economi¢s to en5UTe best value for money in all we deliver.
Enhance ¢xisting and d¢v¢lop new relationships with partner5, fiinders, and busInes￿S.
Access to improved financial manag¢m¢nt infonnation enabled us to continue to make busin¢ss changes and
enhanc¢m¢nts to ensur¢ a mor¢ cosl-eff¢Gtiv¢ and sustainable delivery of our priorlties a￿d th¢ continuing vigbility
ofthe GWNW Group of Trusts.
Page 2

GROUNDWORK NORTH WALE
NOTES TO THE CONSOLIDATED FfNANCIAL
TATEMENTS
FOR THE YEAR ENDED 31
T MARCH 2025
Overview of Activities
The healt￿ safety, and wellbeing of our staff, volunteers and the individuals And communities we serve continued lo be
upperniosi throughout the period.
It another yearof great challenge for all with the Continuing conflicts in the Ukraine ond Middle Easi, high inflation
fuelling the Cost￿r-I1vl￿g crisis and general economic instsbility. As much as ever we w¢re conscious of ihe part we
should play in helping our wmmunities io cope.
Our passion for engaging p¢opl¢ with the nAtur81 enviroTJmenl and supporting th¢m to think about their ¢nvironmental
impacts has always Ixen the golden thread that runs ihrough our activities on the ground. This last 12 months has Ixen
no difterenl and we have delivered a V￿led atMI diverse rang¢ of activilics and proj¢Gts across North Walcs accordin81y.
Our Progr￿nMe areas continue to 81i8n with Welsh Government's key wellbein8 drivers with links to Social, Economic.
Environmental and Culturnl Wellbeing.
We also made the time to take stock of ihe way in which we operat¢ as an organisation. Followin8 the fundatnental
rcvi¢w we undertook in 2023-24 with mentoring support trom Piloilighi, this y¢ar w¢ followed through the resulting
progroJnme ot strategic refreshmeni including th¢ delivery of a stralegir business plan 2024-27. a new sel of
organisational values and bchaviours, & significantly erthanced financial management capability. and a sel ofguvemance
impruv¥ments leading to a blueprint for board development and succession.
During the yearour achievements were recognised fornially by our successcs in a range of award nominations. including
the listing ot the GWNW Group in the lop 100 social enterprises in ihe UK for lh¢ lifth coiisecutiv¢ year. Further details
are 8iven later in this report.
The highlights of our busiriess aclivitics, pro8rammes, and projec15 for ihis yeor Are scl ovt below.
GROUNDWORK NORTII WALES
TralDlng
The training wing of uur business has gone from strength to strength with annual inLome increasing lo over £840k frorn
the £600k .8ecured tn 2023-24 (£440k in 2022-23). FaLtors contributing to the fi]rther growih included receiving
addilional Multiply SPF tijnding, and changes to safeguarding aJbJ Children in Wales regulations giving us more work
lo h¢lp organisalions meet the additional requirements. The training team have delivered ov¢r 1.978 qualifications as
well as a substantial financial contribution afterdedu¢lin8 direct delivery costs, and this has been reinvesl¢d into fLfftding
our charitabl¢ objects for lh¢ E¢n¢fit of10¢81 communities and the environment.
In 2023 we w¢r¢ successfully reappointed os a lead provider for Adult Community L¢8ming Wr&xhorn and Flinlshire
and in 202￿25 this area of OLf training business h85 s¢en further gtowtl4 accounting for 350/0 of totsl annuAI income.
Over the past three yeon we have supported 7,254 learners un(kr the scheme.
Clywedog Valley P*rtnenhip
Th¢ Clywedog Valley Partnership i5 coordinated by GWNW and plans to r¢vitrAlis¢ the heritage assets of the Clyw¢dog
Valley for the benefit of the lo¢al ¢ommvnity and visitors. With funding secured from H¢ritage Lottery in 2022-23 we
were able lo progress the Partnership's ambitious plan& by initiating feasibility S￿dieS for a s¢ri¢s of linked heritage
buildings and natural sites along the Clywedog Valley and slartin8 to develop detailed plans to support our next major
funding bid to HLF. In the longer terni this will benefit local p¢ople through opportLmities for volunteering. ¢duoatioTh
gnd training. wellbein& and enjoyment, as well &5 SUPFrf)rting the local economy by attr￿tIng visitors from further
afield As part of the overall vislon for th¢ c1￿¢dOg Valley we have given focus to the herita8¢ sII¢s at King's Mill
and Nant Mill. as well as the Minera Lead Mines & Country Park which was showcased in the 2022-23 Annual Report.
We have Continued to adively support the community 8roups at both King's Mill and Nant Mill. enabling them to be
Page 3

GRoifNDWORK NORTH WALES
NOTES TO THE CONSOLIDATED FfNANCIAL STATEMENTS
FOR THE YEAR ENDED 3 1ST MARCH 2025
regisler¢d with Companies House as community tn￿ts and os charities with the Charity Commission. We ivill continue
to provide suppx)rt to both trusts with govemanc¢ and fundraising as they become more established.
Thc culmination of th¢ first stage will be the development of the all-important stage 2 ￿￿bMiSsion which is targeted for
November 2025.
Café Cyfl¢, Alyn Waters *nd Bu¢kl¢y
Our cate8 ¢ontinued v¢ry successfully lo deliver our social and environmental obj¢clives wer¢ greatly valued by
Ihe communities serve. Havin8 identified thai they were operating ￿ a financial loss in 2023-24, and in need of
rern¢dial action lo ensure their furnre viability. appropriate measures were irnplemented. including restructLLring, tighter
shift management and staff utilisalion. price adjustments, And (in the ease of Buckley) rebalancing thc UK and o￿nIng
times. By the end of 2024-25 the cafes collectively wcrc opcraling at b¢tter than br¢ak-¢vcn. with the prospeci ofiuming
a small surplus in 2025-26.
Proje¢t8
In 2024-25 GIVNW h&$ Continued tv deliver a variety of projects targeted al our core ihemes of p¢opl¢. place, 8nd
planet. Details of many of these projects can be found in a separate publi¢ation our Annual Review 2025. Thre¢ totemic
¢xamples are given below for illustration.
Happy Families wa$ funded by a N¥tionwide Community grant and ran scssions in Wrexham and Flinlshire
with il)e aim of supwrting n¢w porenls Ihrou8h the emotional and practical challenges ot par¢nihood. providing
nurturing ¥nvironment where Lare8iver5 could develop skills. build confidence. and forni meanin8fiJl
connections. The project offered vital respite from the i501alion And many p￿$s￿reS new parents f&L'e. For
participants dealing with relationship difficLilties, financial hardship. housing inseLurity. or even dotnestic
buse. the project created a place where individuals could connect with others sharing similar experiences,
helping aliciidees gwn Lssential lifc skills such as confidenc4 patience, and problem-solving.
Next Stepz supported young people aged 14 10 24 facing mental health challenge$. providing support lo some
of the hardest-to-reach young people in our community. PoJticipants experienced significant transfornjalions
from soci&l anxiety and isolation to incre&sed interaction, laughter and belonging. Practical life skills training
fornied a core corn￿nent through h8nds-on C￿)kIng sessions and woodwork activilies. developing their
technical skills and self-¢onfiden¢e. while first aid ¢ertifi¢ation provided accredited qualifications enh#n¢in8
futur¢ ¢mploiryn¢nt prospe¢l5.
Safer Streets sought to actively address the root cause5 of youth anti-social behaviour through partnership
working with local schools and organisations in Wrexharn and Flinishire. The project worked with distinctively
differ¢nl grou￿ demonstrating compl¢xilies and varying degrees of succe55 SUPPOrting youiig peopl¢ with
diverse behavioural challenges. Participants completed qualifications while contributing to their community
through practical activities, includiiig creating planters for the local community café. and crafting a wooden
bench donated to a local school, symbolising the project's core objective of fostering positive community
engagement. Participants reported improved self-esl¢em. better school attendance and behaviour. reduced
8fLxiety, and decreased Anger. The project succeeded in creating18sting Frsonal and community benefjts.
WILD GROUND
G¢n¢r31 R¢$¢rv¢ M*n8g¢m¢n¢
Gcn¢ral reserye management has continu¢d a¢r055 our network of fifteen sites. Our team of rc5¢fV¢5 officers work
across sit¢s to cnsurc they ar¢ maintained safely and provide th¢ best habitat for our range of sup￿rted spccies. The
team provide a range of volunteer opwrtunities for local COmTnunities, deliver ¢du¢ational sessions to local schools
and organise events throughout the year. Work h&5 been prioritised across all sites based on ￿ntraCtual obligation4
project aims and Commilmen￿ and saf¢ty r¢quir¢m¢nls. Priority sites with a designation or linked io a contract are
Pag¢ 4

GROUNDWORK NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
roR THE YEAR ENDED 31ST MARCH 2025
maint&ined lo a good or exc¢llent standard, while other sites are maintained to a mod¢rale or good standard. The focus
of reserve manag¢m¢nl through th¢ ycar included grxssland managemenL access improvements, tK)nd rnanagemenL tree
management. clearing invasive species, and infr&stru¢ture improv¢ffl¢nts such as fencing. bridg¢ repairs. And drainagc.
As regaTds site and tree safety, monlh]y safcty chccks hav¢ bccn recorded digitally using a mapping syslcm, allowing
aff ￿ report issues directly via site map& pinFointing the lo¢ation accurately.
Newl Networks
In early 2023 we were delighted to be awarded £250k fijnding by the Nature Networks Fund la Welsh Government
grant programme delivered by the National Lottery Development Fund) to support our Newt Networks programme
which started on 1st April 2023 and extended over the following two years. Working in partnership and involving
ommunilies the programme sought to increase the resilience of the nelwork of all our protected sites in North¢ast
Wa]¢s. Th¢ Wild Ground team engaged with local communities, schools, and volunleers with the aim of making our
sil¢ habitais more resilient and of increasing nature connectivity. A wide range of enjoyable, accessible engagement
activities to suit varied interests. abilities and access needs were delivered. The progromme also included capital
investment in sites to deliver habitat improvement, esFtcially lor great crested newts. and to support partn¢r
nei8hbourin8 siks to improve connectivily. In 2024-25 capital woiks w¢re delivered at
Aberderfyn- Pond Creaiion
Glascoed- Fencing to protect pond habilals
Broadoak- Woodland Management Works
KnDwl¢ Hill- Woodland Management Works
All the capital works werc de5i8ned lo improve and ¢xpand suitable habitals for various specie5 on the sites.
Rhydymwyn Valley Nature R¢$ervt
Staff have CL7nlinucd lo manage and deliver the contract for this Defra owned sile. The cunlract stipulats o range of site
m8n8gement prescriptions alid survey rcquircmenis. The contract is managed by Defra with monthly liaison meetings.
In addition to an annual r¢porL we are alw required to report against KPIS and produ¢e survey data at regular intervals.
The most recent contract was awarded in October 2022 for one year with p)tential onnual extensions for a fijrther three
years. The arnual extensions were secw¢d by Wild Ground. gnd th¢ current Contract conclLide$ at the end of Sept¢mb¢r
2026. A retendeiing process is expected to be launched during 2025-26, for which Wild Ground will compete.
REFIIRB8 FLINTSHIRE
Main Operations
The charity has continued to collect bulky household waste and to redistribute household goods to lower income
households at affordable prices. These redistributed household goods might otherwise have been discarded as w&8te to
landfill.
Refurbs has also Continued lo deliver ¢l¢aning and clearanc¢ services for Flintshire County Council's (FCC) void
properties. This contract was for an initial period of years and has tr£en subject to a series of fixed ternj extensions.
There has been an Incre￿ in the number of sofas included in the bulky collection and those which could not be recycled
were channelled to the Oakenholt site where the sofa deconstruction team are based. Our sofa deconstruction offering
continued to show the value of partnership working alongside Flintshirc County Council.
Legal restrictions relating to the use ttnd presence in upholstered domestic seating of persistent OTganic pollutants (POPS)
which Apply in ET]gland are yet to be implemented in Wales. This could havc Krious implications for operations and
associated costs at Refurbs, in particular bulky waste and sofa d￿nStruction. A watching brief is king maintained.
The retail business continued to opwate sy￿eSS￿lIY al the Fliiit site throughout the year. Online sales in particular
through the Facebook marketpl￿¢ hay¢ expan(kd su¢¢e5sfvIIy.
Page 5

GROLfNDWORK NORTH W ALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
roR THE YEAR ENDED 31ST MARCH 2025
Across the GWNW Group the accur￿Y of financial inforniation and quality of financial management has E¢en improved.
In th¢ Case of Rcturbs this has enabl¢d a more forensic and commcrcial und¢rstanding of the costs and vi&bility of the
differcnt ar¢as of busin¢ss and hsLS h¢lped to inform the renegotiation of, and retendering for, contrac15. Tighter control
has Ixen exercised ovu costs, whilc activity levels and associated in¢ome havc gcncially increas¢￿ generating a pleasing
contribution lo Group nv¢rheads tor ih¢ year
Buckley Repair and Reuje Centre Jvith Community Café
The successful establishment and early months of operation of th¢ ¢¢ntre and café, whiLh ar¢ in th¢ oivnership of
Refurbs, were heralded in the 2021-22 and 2022-23 o￿nual trustees re￿rt. The centre has beLom¢ TA focal wint for the
lo￿1 Community and great relationships have been fonned. The centre conlinues to fulfil its objective of promoting
education and behavioural change on waste and recycling initiatives, as well as providing volunÉeering opporttjnities
for local people. An extensive programme of repair, r¢cycling, and upcycling workshops and sessions has been run
successfully throughout the year. The café compl¢m¢nts the ¢¢ntre and provid&s the opportunity for quiet enjoyment
and social interaction.
However, with our improved understanding ofthe financial dim¢nsion of the business, it became clear that the Buckley
eslablishmeni, in particular rhe café, w&s running at a loss. To ensurc lis funjre viability and sustainabiliry il w&
necessary lo iniplemeni appropriate remedial measures including ¢hanging ¥tuffing arron8emenls gnd r¢vising the
balance of usc of the sile. Tight management will continue lo be exercised io achi¢v¢ the wget of break-even.
Communlty Frld8e
The Commuility Fridge located at the Refurbs site in Flinl is well esiablished. We have now come lo the end of our two
ycar funding arrangcmeni from ihe l.8ndfill T&x Fund and through that period we gained 337 members to the community
fridge D￿d saved 17.4 tonnes of food from going lo landfill and avoided the as50Ciated C02 emissions. We ask for a £3
donation to attend the fridge which yupports ihe riinning costs, wiih the balance being paid by other subscription funding
w¢ have secured. The Hubbub CorrKfyrate Campaign {"Community Fridge Creating More Connections") has continued
to rea¢h oul lo local commuDili¢s ynd organisations to support the tridge, with several Lomp&nies now hosiing a food
amn¢siy collcciion poini for surplus food items. which will be distributed to the local community through th¢
Community Fridge. Regular website updates o1)oui lh¢ Community Fridge are shared Mlongsid¢ a 30cial media
awareness Lampaign. We are delighted to play our part in easing the food tM)v¢ty challenge in the community, as well
as lo b¢n¢fil th¢ natural environm¢nt by reducing food waste disposals lo landfill and consequent 8reenhouse gas
emissions.
PROGRAMME OF BUSINESS IMPROVEMENTS
As we retrtirted la5tyeBr. we were privileged to take part in a busin￿$ improvement programme with mentoring 5Ltpport
from Pilotlight, the costs of which were generously fi￿ded by the Gorfi¢ld W¢strJrk Foundation. Over a12-month period
we engaged in a process of fundamental s¢lf-reflection with guidance from four Pilotlight experts and an a55igned
project manager. The key outcomes trom the prosramme were..
A strategic plan 2024-27.
A strengthened financial management Capacity with ll)sightful and reli&ble fllwicial inforniation. including
forec&8ts.
A revised set of organisalion&l values behaviours.
Governance improvements, including A skills Yludit of the boart leading to a blueprint for bosrd development
and su¢eession.
An impioved understanding ofth¢ commcrcial aspects of the busines& ¢nabling clarity on pricing. profitability,
and viability-
While the programme wncluded formally witha progress review with the Pilot liBht¢rs in Apti12024. the out¢omes
are now intcgrated into the way we do busine￿ ond we are deterniined to ensure the open-mind¢d and ¢an-do spirit the
prograrnme engendered live on.
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GROUNDWORK NORTH WALES
NOTES TO THE CONSOLIDA'fED FINANCIAL
TATEMENTS
FOR THE YEAR ENDED 3 1ST MARCH 2025
RECOGNITION
During the year our ￿hl¢veMents were recognised fornially by our success¢s in a range of award nominations:
Investors in People Awards 2024: shortlisted in the Third Sector Employer ot th¢ Year ¢at¢gory
Inv¢S￿r$ in P¢opl¢ Awards 2024: Aaron Jone4 a valued m¢mber of our youth teatn. w&s shortli51ed in the Community
Employee of ih¢ Year category.
Reuse Network Awards 2024: Refvrbs Flinlshire was shortlisted in the Organisation of the Year cal¢gory.
Social Business Wales Awards 2024: GWNW w&8 shortlisted in the Sociol Enterprise of the Year cale£ory.
wtSE 100 2025.. Our Chief Executivfy Karen Balmer, was named ID the list of Top 100 Women in Social Enterprise in
the UK.
SE 100 2025.. GWNW Group was n8m¢d a5 one of the top 100 social ¢ntrprise$ in the UK for a 5th wnse¢utive yegr
and as a fU￿liSt in the Social Biisiness Pioneer cat¢gory.
Group Perforrnanee Meayurei
People
Green Doctor Visils
Number of Volunt¢¢r5
People Supported (cost of livin8 crisis)
Fornial Qu&lific&tions Gained
Pla¢cs
People Engaged in Arts & Heritage Activitie5
Area of Land Maintainedltmproved
Biodiversity Ernprovement Actions
Planet
Trees Planted
Diversion of Waste from Landfill
Environmental Improvement Projects
146
264
1,613
2,271
1,700
376.250 m2
243
70
847 tonn¢s
42
Fin8n¢ial Review
Th¢ Trust &ssesses ils financial perforni8mce against th¢ op¢nin8 forecast budget a￿d monitors ￿lu￿1 results on a regular
and systematic basis during th¢ y¢gr. It has been another challenging year fjnancially in the aftermath of th¢ pandemic
and associated restrictions 8nd with the surge in fuel prices and the general rale of inflation while competition for limited
resources within the sector has continued io grow. as our coffe fimding sUp￿rt h&$ come und¢r incre83ing pressure. We
have been abl¢ to secure total income for the year of £2,948.172.
The principal sour¢¢s of funding were ￿ follows".
Welsh Government
Public Sector Bodies
Charitable Trnsts
Privatc S¢thr
National LA)ttery
Local Authority
Housing Asso¢iatton
£136,678
£246,262
£145.639
£572.744
£264,634
£1.496,967
£85.248
Page 7

GROUNDWORK NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 3 1ST MARCH 2025
Re$ervei Policy
R¢s¢tves are needed to bridge the gap between the spending and r￿1VIng of income. ie the working capitsl ot the
charity. and to cover any unplanned eventualities. The Trustees reviewed the policy during the year and revised th¢
r¢quired minimum lev¢1 of unr¢stri¢led r¢s¢rv¢s to 3 months of unr¢stricted expendiiure with no sp¢cifi¢d upper limiL
Total reserv¢s held al 31 st Match 2025 )mounl¢d to £2.055.102. The amount held as restrict¢d reserves amounted to
£1,358,562 with £696,540 in unrcstrictcd Te5eTves. From the results reporled for th¢ year. the requiTed minimum level
of unrestricted reserves policy has Eken Tnet.
Financial Strategy
Essenlial componenls of our strategy are that full wsl recovery is achieved. that our organigations conlinue lo build and
maintain reserves and that good eash flows are maintsined. To this end we will endeavour to
ensure we have sufficient WOTking capi181, to cover no less than 3 months expenditure need4 by building our
unrestricted reservcs,
ensure we have the right producl and service mix benveen grant and non-8r8nl fund¢d a¢livitie$ to mitigate
tinancial risk,
develop our produ¢t and service offer lo ensure ￿ at least cover our costs and remain finanLially viable. with
any surpluses r¢invesl¢d in th¢ quality and reach of our d¢livery.
Our business plan for 2024-25 soughi io Continue lo operalionalise our finaD¢ial slr&tegy.
Plans for Future Periodi
In accordance with our stralegic plan 20242027 our delivery priorities will continue to focus on people. plac¢& and the
planet, with tive strategic prioriti¢5,'
Enhanced financial management-both sysiems people-to support better decision-making.
A resili¢nt and su5tsin4bl¢ organi5atlOD with robust gov¢rnance, capacity to deliver. and clear succession
planning.
Growing and cultivating our commercial operations lo drive financial resilience gnd 5uslainability.
Championing nature conservation Ihrou8h positive omd proactive land manag¢m¢nl and helping more people
to experience and valu¢ open spaces.
A developed and thriving cir¢ular economy and carbon ￿dUctIon offer.
S¢rueture, GovernAnce and ManAgement
Groundwork North Wales is a registered charity and company limited by guarantee as defined by the Companies Act
2006. The goveming documents are its Memorandum and Articles of Association.
The governing body of ihe trwt is its board of trustees who are also the directors of the company in accordance with the
Companics Act 2006. Thc dir¢rtor5 ar¢ thc mcmbcrs of thc cojnpany. The bDard is responsible for strategic decision
m8k.ing and is ultimately responsible for the fmanciai viability of the company. It mccts a minimurn of four tim¢s o
y¢er. Trustees appointed on a thr¢¢ y¢arly basis 8nd r¢tir¢ by rotlltion ut the AGM,. rctiring trustees ¢8n be
reappoints& while having regard for the limitations and exceptions provisions in th¢ Articles.
Organisation*l structure and dtclsion-making powers
The board retains authority for the overall Strategy and txTrlicy of the Trust and approv¢5 lh¢ Str8te8i¢ Plan as well a5
Ihe atmu81 Business Plan. The board delegale3 decision making powers to the Chief Executive and to two SUI￿groups.
Page 8

GRoifNDWORX NORTH WALES
NOTES TO THE CONSOLIDATED FfNANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
the Finance and HR Subgroup and a Risk Assurance Subgroup. A Board trustee chairs each Subgroup. And the members
are appoinied by th¢ Board. T¢rn)s of reference for the Subgroups prescribe their delegated authority from the Board
and sFcify limitations on th¢ authority for matt¢rs which the Board reserves to itself.
The Finance and HR Sub£roup's ￿S￿nsIbilitieS include reviewing the management accounts, as well as the annual
accounts for publication, oversight of financial and HR ￿lIcIeS and matters appertaining to the remuneration and
welfare of the trust's staff. It meets four times a year in between the quarterly Board meetings.
The Risk Assurance Subgroup was established during 2022-23 to monitor and provide ￿suranc¢ on the GWNW
Group's principal risks and supporting risk management processes. The Subgroup's remit also iftcludes health & safety
risks, wli¢y, procedure& and perforniance. It also meets four limes & yeor ahead of meetin8s of the board.
Induction and tr4ining of new trustees
N¢w m¢mb¢rs of ihe Board of Trustees provided with ihe Charity Cotnmi3sion's guidance.. The Essential Trustee..
Whai you ll¢￿ lo know. What you need to do" and a full pack ofoih¢r Irust documcnls such as the lal¢sl annual report
and accounts, risk register and busin¢ss plan. New Trustees have an indu¢lion meeting with the Chief Executive,
membeTS of the Senior MaJJa8¥tT]ent Team and the Chair of the board of Trustees.
At the AGM on 28th November 2024 ttvo new members were appointed to the B0￿d, Nick Ringrose and Carl Stephens,
while long-servii)g Board member: Claire Powell. slood down. GIWNW is immensely gral¢fvl to Claire for her 20 years
of valued service.
R¢lAtion*hips withln the Groundwork Federatlon
The Tn￿t 18 part of the Fcderalivn of Groundwork Trusts in England Wales and Northern Irelond. ¢￿h working with
their pwtnerg in deprived areas lo improve the quality of the local environment. the livcs of the local people and ihe
success of the local businesses. The GWNW Chair and CEO are tM)th members of th¢ overarching Federation Board.
Groundwork North Wales works in parthership with its sister trust in South Wales to provide national coverage acro&s
Wales. A construclive ivorking relationship has been maintained with Groundwork Northern Ireland (GWNI)) with a
fornial agreement op¢ratin8 throughout the year for the provision of financial management and oiher support services
by GWNW lo GWNI.
Govtrnanee revlew
A comprehensive review of the governance of Groundwork North Wales and of ils two subsidiaries. Wild Ground and
Refijrbs Flintshire, was conducted in 2021 using the framework for governance reviews issu¢d by Groundwork UK for
use across the Federation. While the findings were generally positive. a series of improvemenl actions were identified
which were approved by the Board. Their impletnentation was completed by the end of 2022.
With mentoring support from Pilotlight during 2023-24 key aspects of govcmance were Further reviewed leading lo the
developmentof a new strategy for the GWNW Group. the framing of a blueprint for l)oard development and succession.
and improvements in reporting io the Booyd. all of which have been progressively implemented in 2024-25.
Public Benefit Statement
Our charitable objectiv¢s. as s¢t do￿￿ in our Memorandum and Articles of Association, are presented under Objectives
8nd Activities e8rlier in this reporL
Statement of Compliane¢
Page 9

GROUNDWORK NORTH W ALES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THf. YEAR ENDED 31ST MARCH 2025
The Trustees have referred to the Charity Commission's general guidance on public knefit when reviewing 2022-23
activitics and making plans for future periods and bclievc that they have compli¢d with their duty to have due regard to
this guidance. In particular. the Trustees have considered how all the Trusvs acllvities contribute to its charitable
objectives. All the Trust's aclivitics focus on improving the quality of life for people and the places in which they live-
focusing on th¢ most disadvantag¢d twple and placcs in Wales and England.
Identifi*ble Benefits
In temis of identifmble benefits. th¢ Trust delivers projects and progrdmme4 m8J)aEes ¢ontTacts and delivers services
according to its objective4 with th¥ resuliinE benefits of safer and stronger communities across North Wales, healthier
and more aclive communities. enhanced "green" skills and employment opporlunities for citizens, larger numbers of
higher quality places for young people to go and ihings for them to do, and the r¢duclion of carbon emissions to help to
tackle climate ¢hanEe. The Trust aims to help the public to make sustainable development & reality, respecting nature's
limiis and supporting the Welsh Government's cotntnitment lo ￿tt)re generations.
Beneflt to the Publi
Our approach is always to work in partnership with others from the public. private and voluntary sector4 lo add value
to wider plans for maKimum impact to Ihe public. Our rol¢ in these partnerships is usually to find ways of helping
deprived, disadvants8¢d, or disabled local people io get practI￿]IY involved in decisions and actions. As such. our work
is designed to address the needs of &115ections of the cotnmunity, and we provide equal access to our services re8ardl¢ss
of race, gender, disabiliry, or sexual orieiitalion. Our work primarily bencfits Ihose in most need, and thanks to the
support of oiir funders gnd partners (such ￿ The Welsh Gov¢rnmerkl, Local Authorilics and N&iural Resources Wales)
our services are in the main provided free to those in need.
Fin*nclal Instrum¢nts
The charitable company s operlllions expose it lo a voriety of financial risks including price risk, credit risk, liquidity
risk and cash flow risk.
The charitable company's principal financtal instruments wmprise sterlin8 bonk accounls together with tradc d¢bior$
£thd trade creditors that directly fri)m operations.
Price risk is managed by monitorin8 th¢ m8rket, current rates of inflation and costin8 produ¢15 and services in
ac¢ordan¢¢ ivith these factors.
Credit risk is mitigated by monitoring and managing the ¢redit limits given to our customers.
Liquidity risk is managed by maintaining a balanced miy of income streatns, with a limit to the number of payments by
results or in arr¢ars payment ¢ontra¢t$ at any one time.
Cash flow risk is managed through our creditmanagement procedure4 cash flow forec8Sting and ne8Oti8lion ofpayment
tenns where practicable.
Risk Management
The full Board reviews the risk register at summary level at each board meeting and keeps aregular focus on the major
risks to which th¢ group is eXr￿d, having regard for th¢ risk appetite it h&s agreed for ¢ach risk aTea. More d¢tailed
scrutiny of the risks progress with miÈigating actions is undcrtakcn regularly by the Risk Assuiance Subgroup with
issues escalated to ihe full Board by cxception. The review and updating of the risk regisfrr and associated programme
of mitigating actions is & rolrtinc f¢ature of Senior L¢adcr5hip Team me¢lings. The principal rlsk areas on th¢ GWNW
Group's risk register throughout the Ye￿ w¢r¢'.
Financia￿lnCornc and fmancial sustainability
Pag¢ 10

GROUNDWORK NOR'fH WALES
TO THF CONSOLIDA TED rrNANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCI.[ ?025
Ol'B
Data protection and compliance.
WeguardiDg.
Pcopl4 l¢ad¢rShI￿ And ￿ltUr¢.
Governance regulatory.
Cyber security and Icr failure.
Busincss continuity.
ReputatlOD.
Health & safrty.
Pa8¢ 11

GRO
DW
RK NORTH WALE
TO THE CONSOLIDATED FENANCIAL STATEMEwrs
HE YEAR ENDED JIST MARCH ?025
NOTE
REFERENCE AND ADmINISTRA￿vE DETAILS
Regfistered Company number
02614714 (England and Wales)
Registered Charity numbtr
1004132
Registered otTJee
3-4 Plag Power Roa4 Tanyfron
Wrexham
LLII 5SZ
Truste¢J
N Reader CBE (Chair) Retired Finance Director
M Booker
R¢lir¢d Bank Manager
C A Powell
ETbvironmental Manager
H Wri8ht
Retired
Flr8¢ Ele¢ted
Mox¢h 2020
February 2002
September 2004 November 2024
February 2011
RetlredlRe$i8ned
rEI=
S Overson
S Moore
R Taylor
N Said
N Rin8rose
C Stephens
H R MBnager
Retired
Esl8t¢$ & Facilities Director
Commercial Dir¢clor
Retail Safety Manager
Account Managerifech Sales
Au8USt 2013
April 2013
FebN8ry 2020
March 2020
November 2024
November 2024
Trust Senlor Management Tegm
Karen Balmer
Chief Executive
Christine Bowyer
Head of HR & Governance
Lorn& Crawshaw
Head of Community PrograTnmes & Parts)¢rships
Hanna Clarke
Head of Marketing
Louise Stokes
Head of Healih & Safety and Training
Richard Aram
Head of Contracts & Project Delivery
Judy Mitchell
Head of Finance
Stewart Platt
Head of Commer¢i&l S¢rviKs
Auditorg
M. D. Cox¢y gnd Co. Limited
Chart¢r¢d Aceountonts Ststutory Auditors
25 Grosvenor Road
Wrcxhom
LLII IBT
Bankers
Nlltional Wcstminster Bank plc
33. Lord Street
Wrexham
LLII ILP
Solicitorj
GHP Legal
Ashgrove
26-30 Grosvenor R(Md
Wrexh8m
LLII IBU
Page 12

GROtrNDWORK NORTH W ALES
NOTES TO THE C.ONSOLIDATED FtNANCIAL STATEMENTS
roil TFIE YF.AR ENDfD J 1ST MARCH 2025
Statement of truy¢ees responsibilitle$
The twslces are responsibltt for preparing the Rcport of the Trustecs and the financial Statements in accordbnce with
pplicable law and United Kingdom Accounting Stsndards (United Kingdom G¢nerally Accepted Accounting Practic¢).
including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in thc UK and Republic of
[re1￿)d,
Company lawrequir¢s the tn]stees to prepare financial statements for each f￿9n¢la1 year which gtve a trne and fair vi¢w
of the state of affairs of the charitable company and of the incoming resources and appliLation of resource5. including
the income and expenditure of the ¢harilabl¢ company for that period. In preparing ihose financial statements, the
In￿te¢S are required to..
seled suitable accounting policies and then apply them consistsntly.
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent:
sta¢¢ whether applicable ac¢ounling stand8rd$ have been follow¢d subject to any materi41 departures disclos¢d
and explained in th¢ financial statements.
prepare the financial statem¢ni$ on the going concern basis unless it is inappropriAte lo presume ihal the
tharitAble coMp￿Y will conlinu¢ in business.
The trustees arc responsible for keeping proper accounting records which disclose with reasonable accuracy at any limc
the financial position of the charitable company and io enAble them to ensure ih&l the finwicial statements Comply with
Ihe Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for
takin8 r¢wnable steps lor the preveniion and deieclion of fraud ond other irregularities.
In so far as thc trustees are aware:
ther¢ 15 no r¢l¢vant audit inforniation of which the Charitable compangs Buditors are unaware. End
th¢ trustees have taken all steps that th¢y oughi io have taken to m8k¢ themselves aware of any relevant audit
inform￿lOn and to establish thai the auditors are aware of that infonnation.
Report of the trusle¢s, incorporating a slTategi¢ report, approved by order of the board of trustees. as the company
directors on 20 Nov¢mber 2025 and signed on th¢ board's behalf by:
Nigel Reader CBE
Chair / Trustee
Page 13

GROUNDWOBK NORTH W ALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 3 1ST MARCH 2025
Oplnion
We have audited the finanGial stytefflents of Gioundwork North Wal¢s (the 'patcllt charity,) and its subsidiaties (the 'group')
for thc ycar cnded 31° MarLh 2025 which cornprise the Statement of Financial AGtivitie& the Bal8nce Sheet, the Cash Flow
Stat¢ment and noies to the financial statements. including a sutnmary of significant accouniing wlicies. The financial rq)orting
framework that has been applied in their prvparation is applicable law and Ullited Kingdom Arxounting Stgndatds (United
Kingdom Generally Accepted Accountin8 Praciice).
In our opinion tlie financiaj 5tsternents'.
give a true And fair view of the state of the 8roup's and ofthe p￿¢￿t charitable company's affairs as al 31s1 March 2025
and of its incoming resour¢es and application of resourtts. including its income and expenditur¢, for the year then
have been properly prepared in ￿cOrdanCe with Unit¢d Kingdom Generolly Accepted Accowiting Praciicc,. and
have been prepared in accordance ivith the r¢quir¢m¢nts of the Companics Act 2006.
Basis for oplDIoA
We conducted our audit in accordance with Intemational Standards on Auditing (UK) {ISAs (UK)) and applicablt law. Our
responsibililies under those siandards are further described ITh the Auditors responsibilities for the audit of ihe financial
statements section of our repon. We are independent of the charitable 8roup in accordance with the ¢thic81 requirements tho1
are relevaThi to our audii of the linancial statements in the UK. in¢luding the FRC'S Eihical Siamdard. 8nd we have fulfilled our
other ethical responsibilities in accordance with these requirerncnts. W¢ beli¢ve the audit evid¢n¢e we have obtained is
sufficient and appropriate to provide o basis for our opinion.
Con¢luJlons rel*ting to going eoncern
In auditin8 the group fin8￿claI staiements. wc have concluded that the tNsiees' use of the 80in8 concern basis of oCCI)1intin8 in
the preparation of the f￿ancial stoicments is appropriate.
Based on the work we havc perfomi¢d. we hav¢ Dot id¢ntifi¢d yny mat¢rial uncvrtainties relating to ev¢nls or wnditions th&L
individulllly orcollcctively. may cast Significant doubt ¢)n the group tharitablc company's ability tL) Continue as a 80ing cortcern
for a period of at least nvelvc month5 from when the fmancial stalcments arc authorised for issue.
Our responsibilities and the ￿spOnsibl11(1¢s or the trustees with rc8p¢¢t of 80ing concern are described in th¢ relevant sections
of the report.
Other Iofonnatlon
The tnjstees are responsible for the other infonnation. The other information ¢omprises the infonnation included in the group
annual repon. other thaD the fmancial stoiements and our R¢port ot th¢ Independ¢ni Auditors thereon.
Ouropinion on the financial statements does not cover the other information )￿d, ¢x¢epi ￿ th¢ e￿ent otherwise expli¢i¢ly st4¢ed
in our report, we do not express ony ftirni of assurance conclusion ther¢on.
In ¢ottnection with our audit of the fmanciai statements. our re5pon5ibility ig to Rad tbe other inforniation 8md, in doing so.
onsider whether th¢ oth¢r inforniation is malerially inconsistent with the financial slatemen13 or our knowledge obtained in the
audit or othenvise appears to be materially misstated. If we identify suth mal¢rial inconsistencies or apparenl mat¢rial
misstatement, we are required to deterniine whether this give5 rise to a mat¢rial misstatement in the fmanLial 51at¢m¢ntB
th¢mselve$. If. b8sed on the work we have perfornied. we conclude that there 15 Y4 matcrial misstatement of this other
infonnatl0￿ we are required to report that fact. We have nothing to report in this re8ard.
OpinioDi on other rn*tl¢rs prestribed by the Compattlu Aet 2006
In our opitiion, based on the work undertakeo in the course of the audit".
the inforniation given in the Report of the Trustees for the financial year for which the financial siaternents are prepared
1$ ¢onsi$¢ent Wlth thc finoneial statements; alld
the Report of the Trusiees has been prepared in accordance with applicable legd ￿quIrernents.
Matttrs OD which v4¢ required to report by exteptio
lo light of the knowlcdgc and undcrstanding oftbe c1￿1.1￿ble group #od its environment obtain¢d in the ¢ours¢ ofthc audit. we
hav¢ not id¢ntsfi¢d mat¢riaJ mi5slat¢m¢nts in th¢ R¢port of the Trnstees.
We have nothing to report in re5pe¢t of the following matters Whe￿ the Companies Act 2006 requires us to r¢port to you if, iti
our Iyini(m'.
Pa8¢ 14

ROtrNDWORJ( NORTH WALE
TO THE CoNSOL￿ATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 3 1ST MAR
H 2025
NOTE
- adequate accounting reeortis hav¢ not been keptorreturns adequate forour audit have not bttn received from branches
not visited by us. or
- the financial statemellts are not in a8r£ement with the accounting records and returns: or
- certain disclosures of trnstees. remuneration specified by law are not made: or
- we have not received all the infom)ation and explanations we require for our audit.
Re$ponsibillties of trustees
As explaincd Tnore fiblly in the Statement of Trustees Resp)nsibililies the trustees (who are also the directors of the group
charity for the purposes of company law) are ￿spOnSible for the preparation of the fmancial slatcments and for being
satisfied that they give a true and fair view. and for such internal control as the trust¢e$ determine is necessary to enable
thc preparation of financial statements that are free from mat¢rial misstatement, whether due to fraud or error.
In preparing the financial statements, Ihe trustees are responsible for assessing the groups and the parent charitsble
company's ability to continue as a going concern, disclosing, as applicable. rnatters r¢lated to going concem and using
thc going concern basis of a￿ountIng unless the trustees either intend io liquidate the 8roup of th¢ par¢nt ch8ritabl¢
company or to c¢as¢ op¢ralion4 or have no r¢ali$tic alternative but to do so.
Our responsibilities for the gudit of the fiThgncial st8tements
Our objectives are to obtain Te&sonable assurance about whether ihe financial $talemenls as a whol¢ ar¢ fr¢¢ from mllterial
misstatem¢nl. wh¢ih¢r due to fraud or error, end lo issu¢ 8 R¢port of the Independent Audilors thai includes our opinion.
Re&sonable &1suran¢¢ is a high level of assuranc¢ but is not a guarantee that an audit conducted in ac¢orden¢e with ISAS
{UK) will always d¢tccl a maierial misslafrment when it exists. Misstst¢m¢nts can arise from fraud or error and are
considered material if. individually or in the a8gregat¢, they Could re&Tonably be expected to influence the ewnomic
deLision8 of users laken on the basis of these financial statem¢nts.
Our approach to identitying and asscssing the risks of material misstatement in respect of itregulariiies, including fraud
and non-compliance with laws and r¢gulalion& was as follows:
the engagement parts)er ensured that the en8aEem¢nt team collectively had the appropriate competence,
capabilities and skills to identify or recognise n0￿Compli&ncC with applicable laws and regulations.
we identified the laws And regulations applicable to the charity through discussions with trustees and management
we ass¢ss¢d th¢ ¢xl¢nt ot compliance wilh th¢ laws and r¢8ulatiuns identified aix)ve through making enquiries of
managemcnl and inspecting legal correspondence. and
identified laws and regulations were communicaied within the audil team regularly ond the team remained lllert
to instances of non-compliance ihroughoul the audit.
W¢ ass¢ssed the suscepiibility of the charity's f￿ancial ststements lo Materi￿ misstatem¢nl. including obtaining an
understAnding of how frllud mighi occur, by:
making enquiries of mRn&gement ￿ to where they considered there was susceptibility lo frau￿ their knowl¢dge of
Actual, suspected and alleged fraud; and
onsidering the internal controls in pla¢¢ to mitigat¢ risks of fTaud and non-compliance with laws omd regulations.
To address the risk of fraud through management bias and override of controls, we:
perfornied analytical procedures to identify any unusual or unexpected relationships.
- tsl¢d joumal entries to identify Lwusual trgnsactions:
- assessed wh¢ihcr judgements and ￿UmPI10n8 made in deterniinin8 accounling ¢stimate$ were Andicalive of potential
invesligatcd the rationale behind significant or unusual transactions.
There are inherent limitations in our audit procedures described above. The more removed that laws and r¢giilations are
from fmancial transactions. the1¢3s lik¢ly it is that we would become of non-COTnpliance. Auditing standards also
limit the audit procedures required to identify non-compliance with laws and r¢gulatiOllS to enquiry of the trust￿S Bnd
other management and the inspection of regulatory and legal correspondence, if any.
Material mi5Statements that arise due to fr￿d can be harder to detect th￿those that arise fro￿ error as they may involv¢
d¢liberal¢ ¢onc¢alm¢nt or ¢ollu5ion.
A further description of our responsibilities for the audit of the fitwicial statements is lO￿ted on the Financial R¢porting
Council'3 websit¢ at www.frc.org.ukl8udilorsr¢sponsibilAties. This description fonns port ofour Report ofthe Ind¢pend¢nt
Auditors.
Page 15

GR
I[ra￿￿￿R￿ NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
FORT
AR ENDED 31
H 2025
Uie of our report
This report is made solely to our chari¢able ¢ompAny's rnembers. as a body. in accordonce with Chapter 3 of Part 16 of
the CompaThies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's
members those matters we are required to stale to them in an &uditors' report and for no other purpose. To the ￿lIeSt
extent perniitted by law, we do not accept or assume responsibility to Anyon¢ other than the charitabl¢ ¢ompotiy and the
haritable coin
iy's members &8 a body. for our audit work for this repo¢ or for the opinions w¢ hav¢ forn)ed.
Joanne Evans {Senior Statutory Auditor)
For and behalf of M. D. Coxey and Co. Limited
Chartered Accoun￿lS
and Stathtory Auditors
25 Grosvenor Road
Wrexham
LLII IBT
Dale.. 20th November 2025
Page 16

GR
RK NORTH WA
NOTES TO THE C
NS
LIDA TE.D FtNANCIAL STATEMENTS
R THE YEAR ENDED 31ST MARCH 2025
31.3.25
Total funds
Unrestricted
fund
Restricted
fund
Total funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
105,661
105.661
106,714
Charitable activitity
Income Irom charilttble activities
Other trading income
Inter¢st
486,351
605,593
10,455
298.084
130.609
784,435
736,202
10,455
543.922
830,477
2,122
Other trllding Activities
Subsidiary in¢ome
1066 278
245 141
1311419
1.191420
Total
2,274.338
673.834
2,948,172
2,674.655
EXPENDITURE ON
Charitable aetivities
Salaries & wages
Overhead costs
ProjecE Costs
516
969,534
364,622
148,876
247.680
25.101
171,286
1,217.214
389,723
320,162
1.241,440
320,641
334,104
Subsidiary expBnditure
524 877
275 646
800 523
782,532
Total
2.007,909
719,713
2.727,622
2,678.717
NET INCOMEI(EXPENDITURE)
266,429
(45,879)
220.550
(4,062)
Net movement In funds
266.429
(45,879)
220,550
{4.062)
RECONCILIATION OF FUNDS
To¢al fundi bro•Jght forw8rd
430.111
1,404,441
1.834.552
1.838.613
TOTAL FUNDS CARIUED FORWARD
696.540
1358 562
2 055.102
1.834 551
The statement of financial a¢tiviti¢s includes all gains and losses in th¢ year. All incoming re50urc¢s and Tesources
expended deriv¢ from c4)ntinuing activities.
Page 17

GROUNDWO
ORTH WALES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
OR T
AR ENDED 31ST MARC
31.3.25
Totsl funds
31.3.24
Total fiJDds
Unrestricted
fund
Restricted
nd
FIXED ASSETS
Tangible assets
Heriiage assets
li
12
158.315
348.778
305.044
507,093
305.044
539,529
305.044
CURRENf ASSETS
Stocks
De￿orS
Investments
Ca$h at bank and in h8nd
13
14
66.754
198.446
66.754
353,016
565,996
973 030
59.866
344,249
563.104
691551
154.570
565.996
961300
1,226,500
732.296
1.958,796
1,65&770
CREDITORS
Amounts falling due within one year
15
{571,669)
(27,556)
(599.225)
(576.295)
NET CURRENT ASSETS
654.831
704.740
1359571
1.082.475
TOTAL ASSETS LESS CURRENT
LIABILITIES
813.146
,358,562
2.171.708
1,927.048
CREDITORS
Creditors fallin8 due 8fi¢r one year
15
(116,606)
(116,606)
(92.497)
NET ASSETS
696.540
1.358,562
2.055,102
1.834.551
FUNDS
Unrestricted funds
Restricted funds
17
696,540
358 562
430.110
TOTAL FUNDS
2.055.102
.834.551
The fin￿¢la7 stat¢m¢nts We￿ appTov¢d by the Board of Trustees on 20th November 2025 and w¢re $igned on its behalf
Nigel Reader CB .
Trustee
Page 18

GROUNDWORK NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
FOR THE YEAR ENDLD 3 1ST MARCH 2025
31.3.24
Total funds
Unr¢stricted
fijnd
Restricted
fund
Tolal funds
FIXED ASSETS
Tongible ￿Sets
li
56,123
1556
58,679
110.026
CURREIYT ASSETS
Stocks
Debtors
Cash at bank and in hand
13
14
22.012
152.362
399.311
22.012
222,664
424.846
17.974
298,864
277,584
70,302
25,535
573,685
95.837
669,522
594.422
CREDITORS
Amounts fallin8 due wiihin one ye
15
(476,932)
(25.857)
(502,789)
{544,841)
IYET CURRENT ASSETS
69.980
166 733
49.581
TOTAL ASSETS LESS CURRENT
LIABILITIES
152.876
72,536
225.412
159,607
NET ASSETS
152,876
72,536
225412
159.607
17
Unrestricted funds
R¢stricted funds
152,876
71.697
87.910
TOTAL FUNDS
225 412
159607
The fumncial statements were approved by the Board of Truslecs on 20th November 2025 and were signed on it$ behalf
by.,
Nigel Reader CBE
Trustee
Page 19

GROUNDWORK NORTH W ALES
NOTES TO THE CONSOLIDATED FtNANCIAL
TATEMENTS
FOR TKE YEAR ENDED 31ST MARCH 2025
31.3.24
Noles
Cash flows from optrxting •ctivl¢le8:
Cash 8¢n¢ratcd from operations
Int¢r¢st paid
283.602
(181)
134,285
Net Cash provided by (ujed in) operating
actlvltles
Cash flows from invejting aft1viti￿.
Purchase of tgngible f￿ed assets
Sale of tangible fixed L8sets
Intrrest received
(71.987)
(42,867)
7,000
Net cash provided by (used in) investing
activill¢$
29
46
Cash flows from flnan¢ln¥ a¢tivi¢ie$:
Loan advance
Loan re￿yMentS
N¢t ¢a$h provided by (used In) finaneini
ACtlvi¢ie$
59.590
Ch*nge in eash and ¢a$h equlvalents in the
reportlng period
281.479
104,339
Cash and ¢•sh equfvglents #t the beglnning of
the reporting perlod
691551
587212
Cash and eash equivoltntl It tht end of the
reporting perlod
973.030
691.551
RECONCILIATION OF NETINCOMEI{EXPEfiDITURE) TO NETCASH FLOW FROM OPERATING
ACTIVITIES
31.3.25
31.3.24
Net Incom¢l{txpendliure) for the reporting period (as per the statement
of finAnclal aetiviile8>
Adjus¢ments for:
Depreciation charges
Profit I loss on dispos&l
Revaluation of assets
Interest received
Interest paid
Decreasel(increas¢) in invesiments
Decre&sel(incrcasc) in slocks
Decreasel(incrcasc) in debtors
(Decre&se}lincrease in creditors
220,551
(4,062)
104,423
67.292
(173)
(463)
(5,921)
(10,455)
181
(2.892)
(6,888)
(8.767)
58.411
(9,963)
126
(49,179}
136 628
Iyet ca8h provid¢d by {used ill) operating 8Ctivi¢ies
134,285
Page 20

GROUNDWOIU( NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMEwrs
FOR THE YEAR ENDED 3 1ST MARCH 2025
31.3.25
31.3.24
Notes
Cash flows from operating a¢¢ivitie8:
Cash gen¢T&ted from operations
119.835
56.329
ct easb provided by (used in) operatln8
ctivitles
119835
Cash floivs from Invutlng a¢tivitie•:
Purchase of tangible r￿ed as￿lS
(4.657)
{18.199)
R¢valuation of assets
28,523
Intercst received
3.561
2.122
Net eaih provld¢d by (uied in} inv¢i¢in8
activltles
147,262
(16,077)
ChAnge In e&sh And eash equlvAlents in the
reportlng perlod
147.262
40.252
Cllsh and cash equivalents at the beglnning of
tbe repDrting period
237 332
Cash and cash equlvalents at the end of the
reporting period
424,846
277.584
RECONCILIATION OF NETINCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACThVITIES
31.3.25
31.3.24
Net incomel(expenditurt) for the reporting perlod (as p¢r th¢ jtattment
of finaneial aetivillej)
Adjustments for:
Deprecialion ch8rge$
Int¢rest re￿iVed
De¢r¢asel(increa8e) in stock5
De¢r¢as¢/{increas¢) in debtors
(tk¢r¢aseyincrease in creditors
65.805
(42,883)
27,481
(3,561)
(4,038)
76,200
42 052)
15.754
(2,122)
(640)
(72.850)
159.070
Net egjh provided by {uJed in) operaling a¢tivitie*
119.835
Pag¢ 21

GROtrNDWORK NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 3 1ST MARCH 2025
ACCOUNTING POLICIES
Bas1J of preparing the financi81 $tgtementS
The financial statem¢nts of the consolidated charitable CA)mpany. which is a public benefit entity under FRS 102.
have been prepared in accordan¢e with the Charities SORP (FRS 102) 'A¢¢ounting and Reporting by Charities:
Statement of Recommended Practice applicable to ch￿itIeS preparing their a¢¢ounts in accordance with the
Fin8n¢ial R¢porting Standard appli¢abl¢ in th¢ UK end Republic of Ireland IFRS 102) (effe¢tive l January 2015),.
Financial Reporting Standard 102'The Financial R¢porting Standard applicable in the UK and Republic of Ireland,
and the Companies Act 2006. Th¢ consolidaled financial ￿atements have been prepared under the historical cost
convention.
The charity's fiwclional and presentational currcncies are pounds sterling.
Pr¢pArntion of the accounts oh a going ton¢ern bajii
Re￿lIar ¢onta¢l with the funders is maintsined with the immediate future of ihe charity for the next twelve
months secured, and on that basis the charity ig a going o)nc¢rn.
Bas18 of con8olldAtion
The financial statements represent the consolidated fmancial position of the 8roup. This comprises Refurbs
Flinlshire and Wild Ground. Groundwork North Wales is the sol¢ member of Refi￿b5 Flintshire and Wild
Ground.
The financiAI staiemenls cannot be consolidated on a line by line due lo the variation5 betsveen the objects of each
charity and ther¢for¢ each subsidiary 1$ included in tolai wiihin incoming resources and r¢sour¢e$ expended.
All intra-group tran$&ctions are eliminated on consolidation. A separate Staterncnt of Financial Activities and
Income and Expenditure Account for the charity h&s not been presented because the charity hLs taken advantage of
the exemption afford¢d by section 408 of the Companies Act 2006.
Income
All income is recognised in the Statement of Financial Activilics once the group h&s entitlement to the funds, it 15
probable thlli the income will be received and ihc amount be measured reliably.
Income from governrnenl and other grants, whether'copilal, grants or'r¢venu¢' grants, is recognised whenthe group
ha8 entitlement to the ￿nds. eny performon¢e conditions attached io th¢ grant5 have been rneL il is probable that
the income will be received and the amount can be measured reliably and [5 not deferred,
Income regarding services is recognised as the service is provided. Incomc is defrrr¢d where At is received in
advance ofthe Service being provided.
Interejt r¢¢eivable
Interest on fvnd5 held on deposit is included when receivable and the pmount can be reliably mea5ur¢d by Ihe
group. this is normally upon notification of the interest Paid or payable by the Bank.
Expenditure
Liabililies ar¢ r¢Lo8nis¢d as expenditure as soon gs there is a legal or constructive obligation committing the group
to that exp¢ndiMr¢. il is probable that atransfer of economic benefits will be required in settlement and the amount
ofthe obligation can be measured reliably. Expenditur¢ is accounted for on an accruals basis and ha5 been classified
under h¢adings that aggregat¢ all cost relat¢d lo th¢ category. Where costs cannot be directly attributed to particular
heading, they have been allocated to activities on a basis consistent with the use of resources.
Expenditure on charitable activities includes ihc Costs undertakeTh to further the purposes of the gTOUP and their
associated support costs.
Irre¢overabl¢ VAT 15 ¢harg¢d &$ a cost against lh¢ activity for which the expenditure was incurred.
Page 22

GROUNDWORK NORTH WALES
NOTES TO THE CONSOLIDA TED FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 ST MARCI.1202
ACCOUNfiNG POLICIES- ¢ontinued
Allocatioft of Jupport Costa
Support costs are those funelions that assi￿ the woffk of the group bul do not dir¢ctly undertake ch￿ilable activities.
These costs have Ixen alloLated to charitable aciivities across each activity.
Fund accounting
Unrestricted fund5 can be used in accoTdan¢e with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular r¢stri¢t¢d putposes within the objects of the chaxity. R¢5trictions
arise when specified by the donoT 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 finbncial slatemenls.
TAXAtlon
The ¢h8rity is exempt from ry)rporation t&x on its charitable activities.
SignificAnt judgem¢ntJ and eitimatel
In the application of the Company's accounting policies, management are required to make judgements. estimAte$
and assumplions about ¢arying valu¢$ of assets and liabilities that are not rettdily &vailable from other sources. The
estimates and underlyin8 assumptions are b85¢d on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The key judgements and sources of eslimation uncertainty that have a si8nificant effe¢t on the amounts rccognised
in the firwncial statements are (k$¢rilxd ￿lOw.
Eslirnated ugefvl lives and residual valu¢5 of fixed &8sets'.
The carrying value of fixed assets are reviewed each year end for indicators of impairment triggers.
Depreciation of tangible fLxed assets has been based on esttmaled useful lives and residual values (kemed
appropriate by the directors. Estimated usefvl lives and residual values are reviewed annually and revised as
appropriate. Revisions take into account estimakd use￿] lives used by other componies operating in the sector and
actual asset lives and residual values. as evidenced by disposals during current and prior accounting periods.
Tanglble fixed ajjeti
D¢precialion is provided at the following a[￿Ual raies in order to WTil¢ off each asset over ils ¢slimat¢d usethl life.
Fre¢hold land and buildings
Specialised cycles
Plant and machinery
Fixtures and office equipmenl
Motor vehicles
Computer equipment
- 2•/0- 14% on cost (down to residual value)
- 20A on cost
- 2￿/• on cosi
- 2￿/0 on cost
- 21Yh on cost
Heritage asRtI
The cEiarity's accounting policy for ils heritage assets is to value at cost where a sit¢ has been purchased or at fair
value for donated sites. At present all sites have been acquired through section 106 agreements with local
authorities. The charity has adopted the policy under FRS 102 section 18.19 to treatth¢ initia] valuation as deemed
cost.
No depreciation is provided in respect of freehold18nd.
Sto¢kJ
Stock is inCU￿¢d and valued at the lower of cost or net realisablc valu¢. Donated items of stock are recogniS￿ at
fair value which is the amount the group would b¢ willing to pay for the items on the open market.
Page 23

GROUNDWOIU( NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL sTATE￿NTs
FOR THE YEAR ENDE
ST MARCH 2
ACCOUNTING POLICIES- tonlinued
Cost includes all direct expendi￿re and an approprxale prop)rtion of fLK¢d and variable overheads.
D¢btors
Trad¢ and other debtors are reco8nised &t the settlement amount due after any trade discount offered. Prepayments
are valued at the amount prepaid net of any trade discounts due.
Creditors and provlslons
Crcditors and provisions are recognised where the charity has a present obligation resulting from a past event that
will probably result in the transfer of funds to a third paty and the amount due to 5cttl¢ ihe obligation can be
measured orestimated reliably. Creditor5 And provision$ are nornially recognised al their settlement amount after
allowing any trade discounts due.
Penjion c0815 and other post-retirement benefits
The ch3ritabl¢ ¢ompany operates a dcfined contribution p¢nsion ￿h¢M¢. Contributions payable to the charilable
company's pension scheme are Lharged to the Stsi¢m¢nt of Financial A¢livities in the period to which ihey relale.
Finoncial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financi￿ instruments.
Basic finan¢ial instruments are initially reco8ni8cd at transaction valu¢ and subsequently measured at their
settlement value.
Legal Jtatus of lh¢ ¢rn$t
The trusi is acompany limikd by guarant¢C ond has no sh8￿CaPital. The charity's registered number and registered
otrice addres5 can be found on the Company Informalion page.
DONATIONS AND LEGACIES
31.3.25
31.3.24
Donations
Grants
661
105.000
1,714
105.000
105.661
106,714
Grants received, included in the above, are as follows:
31.3.245
31.3.24
Welsh Government
105.000
105.000
INCOME FROM CHARITABLE ACTivrriES
31.3.25
31.3.24
Actlvity
Income from charitable activities
Other trading in(x)me
Interest
784.435
736.202
10.455
543.922
830,477
2.122
1531092
1376.521
Page 24

GR
DWORK NOR
TOTHEC
NSOLIDATED FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 3
T MARCH 2025
TE
CHAIUTY SUBSIDIARtES
In January 2016 the charity became the sole member of Refurbs Flintshire, a charitable company. limited by
guarantee and incorporated on 5th February 2002 in England and Wales. The registered offic¢ is Unil 1-3, Aber
Park. Aber Road, Flinl, Flintshire. CH6 SEX. Company number 04367121, charity numbeT 1093176.
objects of the ch￿lty 8r¢'. -
To relieve poverty by the provision of quality affordable furniture and household good5 to members of
the loc￿ community who are in need.
To ¢oiidu¢t research and collect information in order to educate th¢ ¢ornmunity about the economic,
social and environmental benefits of re-use and recycling and the reduction of pollution and protection
of the environment that result5 from these activili¢s'
Tu Lon5erve and protect the physical and natyral environment by the promotion of sustsinable waste
management practices in accordance with the best practical environmental option,.
To relieve unemployment by improving the employability of disadvantaged individuals through the
provision of work placement, training and volunteerin8 Opportunities.
A summary of the resulti (Includlng con8olldatlon adjustments) is #hown below
31.3.25
31.3.24
Summgry Income and Expendlture
Aceount:
In￿[ning resources
Intra Eroup transactions
Tot#1 intoming resoure¢A
930.076
554
927522
849,393
844,686
R¢sourc¢s ¢xpcnd¢d
Intra group tran5actiun$
Ttst81 rejoureej expended
(836,869}
(862,887)
15
(708,153)
(726,798)
Contributlon for the tln8nelo1 year
200,724
136,S33
Summary Balan¢¢ Sheet:
Totsl ￿Sets
865,748
673,160
Total liabilities
136 824
Net assets
629 543
536.336
R¢slri¢t¢d funds carried forW￿d
Unr¢strict¢d funds carried forward
347 160
282 383
404.972
CHARITY SUBSIDIARIES {¢ontiny¢d)
In November 2016 the charity becgme the sole memb¢r of Wild Ground, a charitable company. limited by guaran1¢¢ and
incorpornled on 6th December 1999 in England ond Wales. The registered office 15 3-4 Plas Power Road. Tanyfron. Wr¢xham.
LLI 15SZ. Company number 03889382. charity number 1080838. The objects of the charity are:.
To promot¢ assist in th¢ preservation and conservation of land mainly in th¢ are& of benefit which is of
ucational and s¢i¢ntific interest to the general public including land within which the wildlife is in need of
prot¢¢lion and in¢Luding the improvement and maintenance of public poxk5,
to educate the public in all matters conc￿11n8 wildlife and nature conservation in urban areas.
A $umm*ry of the results (ineluding eonsolldatlon adju$tment$) is shown below.
Page 25

GROUNDWORK NO
TH WALES
NOTES TO THE CONSOLIDATED F￿ANCIAL STATEMENTS
FOR THE YEAR ENDED Jls'f MARCH 2025
31.3.25
Summ*ry Income and
Expenditure Account:
Incoming resources
Intra group transactions
Total incoming re50ureei
366,428
Resource5 expended
Intra group transactions
Tot)Il rtsourcei expended
(332.103)
258 378
(314.111)
239
Contrlbu¢loft for the financlal
year
317,066
272,356
Summary Balonee Sheet:
Total as5¢ts
Total liabilities
.297.070
1,251.993
Net Rssels
Restricted fund5 carried forward
Unrestricted fU[￿S carried forward
938,866
261281
911,559
227 050
CHARITABLE ACTIVITIES COSTS
Direet cost of
a¢tiYitie$
Expenditure on projects eompriged:
Support costs Total 202S
Tot812024
SiatT& overheads
Project costs
1.253.064
353,873
1.606.937
320 162
1,927,099
1,562,081
334 104
1896 185
1573 226
353.873
DIRECT COSTS OF CHARITABLE ACTIVITIES
31,3,25
31.3.24
Staff and overheed cost5
Project costs
1.253,064
320 162
1.161.181
1573.226
.495 285
NET INCOMEI{EXPENDITURE)
Nel in¢Om¢/(expenditt￿¢) 15 5tal¢d aft¢r ¢h8rging/{crediting):
31.3.25
31.3.24
Depreciation- owned assets
Auditors, remuneration
Operating le&ses
104,423
8,595
67,292
8,175
Pag¢ 26

ROtrNDWOBK NORfH WAL
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31S
CH 2025
TRUSTEES, REMUNERATION AND BENEFITS
There were trustees, Temuneralion or other benefits within the group for the year ended 31st March 2025 nor
ftir the year ended 31st March 2024.
Trustees, expeniej
Trustees, expenses within the 8roiip amoiintd to £nil during the year (2024.. £nil),
STAFF COSTS
31.3,25
31.3.24
Wages and Salaries
Swial security cosis
Other pension costs
1.665,946
132,316
1.672.870
117,800
71.393
1869 818
862.063
The average monthly numb¢r of ¢mployees during the year was &8 follows..
31.3.25
33
31.3.24
35
Direct charitable
Fundraising and publicity
Governance
Wild Ground office and management
Reojrbs Flintshire
21
21
65
69
Key managemenl salaries in the year amounted to £147.850 (2024.. £146.287).
STAFF COSTS- CHAIUTY {CONTINIIED)
The number of employee5 wh05¢ ¢mploy¢e benefits (excludin8 employer Fnsion costs) ¢xceeded £60.000 was:
31.3,25
31.3.24
£60,001- £70,000
The stsff numbez$ &bove relate to fvll time equivalents.
io.
SURPLUS OF PARENT CHARITY
A5 permitted by section 408 of th¢ Companies Act 2006, the Statement of Fin8J]¢ial Artivities of the warent charity
is not presented as part of th¢s¢ fman¢ial ststements. The parent charity'5 surplus l (d¢ficit) for the fmancial ye
was £65,805 (2024.. (£42,883)).
Page 27

GROUN
RK NORTH WALES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
ORT
YEAR ENDED 3 1ST MARCH 2
ii.
TANGIBLE FIXED ASSETS- GROUP
Pl&nL fixttyes
& Computer
equipment
Land &
buildings
Specia]ised
cycles
Motor
vehicles
Tolais
COST
At 1st April 2023
Additions
Disp)sals
497.569
51.620
465.783
7,040
131.673
64.947
18.6811
1.146,645
71.987
164.587)
45,906
At 3 1st M8r¢h 2025
451,663
472.822
177 939
1.154.044
DEPRECtATION
Ai Isl April 2024
Charge for year
Eliminated on disposal
112.770
36.820
45.906)
7.694
29.556
398.219
26,223
88.432
11.824
18.681)
607.115
104.423
(64.587)
Ai 31st March 2025
103 684
424.442
646.951
NET BOOK VALUE
At 31 st March 2025
347.979
14,370
At 3 1st March 2024
384.799
43.926
539.529
TANGIBLE FIXED ASSETS- CHARITY
Fixtures &
o)Tice
equipment
Land &
buildings
SpeciRlised
cycles
Motor
Yehicles
Tot815
COST
At 1st April 2024
Additions
Diswsals
71,567
51.620
275.992
4.657
58,697
457,876
4,657
64.587)
45 906)
18.681)
At31st Mwch 2025
51,620
397.946
DEPRECIATION
Ai 1st April 2024
Charge for year
Elimitialion on disp03al
52,067
11,500
45 906)
7.694
29.555
237.385
13.030
50.704
1,918
18.681
347,850
s6,￿3
64.587)
At 31st March 2025
250.415
NET BOOK VALUE
At 3 1st March 2025
6,075
At 31st March 2024
43.926
38,607
110.026
Page 28

GROtrNDWORK NORTH WALES
TO THE CONSOLIDA'fED rrNANCIAL STATE
FOR THE YEAR EN
ED 31SI" MARCH 2025
TE
ENT
12.
HERtTAGE ASSETS- GROUP
Siies of
specific
scientific
interest
Totals
COST
Ai 1st April 2024
Additions
Disposa]s
305.044
305.044
At 3 1st mO￿h 2025
305 044
305.044
DEPRECIATtON
At 151 April 2024
CharB¢ for ye
Eliminaled on disposal
At 3 1st March 2025
NET BOOK VALUE
At 31st March 2025
305,044
305,044
At 3 1st March 2024
305.044
The directors hav¢ valued the Heritage Assets having sought advice.
HERITAGE ASSETS- CHARITY
There are no Heritage A55¢t5 in the Parent Charitable Company's Bal￿¢¢ Sh¢et.
13. STOCKS- GROUP
31.3.25
31.3.24
Stocks
STOCKS- CHA￿Ty
31.3.25
31.3.24
Stocks
14.
DEBTORS: AMoifNTS FALLING DUE WITHtN ONE YEAR- GROUP
31.3.25
31.3.24
Trade debtors
Other debtors
Prepayments and accrued income
241.421
2.406
109 188
256.549
2.625
85.075
353,015
Page 29

GROUNDWOBX NORTH WALES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR TFLE YEAR ENDED 31ST MARCH 2025
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR- CHARITY
31.3.25
31.324
Trade debtors
Other debiors
Prepayments and a￿U¢d income
155.305
(219)
67.578
231.646
67.218
222,664
298,864
IS. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR- GROUP
31.3.25
3J.3.24
Trade creditors
Social security and other tLxes
VAT
Accruals and deferred income
Loans
93,189
41,433
59.947
398.769
56,327
41.273
77,291
401.406
599,225
576,297
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR- CHAIUTY
31.3.25
31.3.24
Trade creditors
Social 3¢curity and other taxes
VAT
AG¢ruals & deferred income
Inler-comporly loans
58,405
34,088
38,170
293.805
40.213
34.595
32.934
338.777
502 789
544 842
Deferred Income:
Deferred income is in relation to gr8nts ihai hav¢ been rec¢iv¢d but which relate to a period &ft¢r the year end date
of the 31st March 2025. This income will b¢ in¢lud¢d in the following year end and spent within this period in
accordance with the conditio￿$ set out in the fvnding a8r¢ement.
31.3.25
31.3.24
Balance as 81 1st April
Amoithi deferr¢d at y¢ar ¢nd
{332.548)
264.981
(176.856)
332.548
Amount rele&sed to income
155 692
16.
OPE114TING LEASE COMMITMENTS- GROUP
The following operating leas¢ payments are committed to be paid within one year..
31.3.25
31.3.24
Expiring..
Within one year
Bett¥een onc and five years
Pag¢ 30

GROUNDWORK NORIH WALES
NOTES TO THE CONSOLIDATED FfNANCIAL STATEMENTS
FOR THE YEAR ENDED 3 1ST MARCH 2025
OPERATING LEASE COMMITMENTS- CHAIUTY
The following operating le&se payments are committed to be paid within one year..
31.3.25
31.3.24
Expiring..
Within one year
Between one And five years
17.
MOVEMENT IN FUNDS- GROUP
Net movement
in funds
At 1.4.24
At 31.3.25
UDreAtri£ted fund
General fund
430,111
266,429
696.540
Reitrl¢ted funds
Wild Ground
Refvrbs Flinlshire
HLF Clywedog Valley Partnership
Wrexham Schools 2024-25
Park Adfer- Growing Together Deeside
Austin and Hope Pilkington- Food Povety
FLVC Growing
WCBC Community Growing Project Ph￿ 2
Principality
Wrexham Schools 2023-24
Movin8 on Wrexham
Nhlioftwide Happy F8rnilies
Safer Streets 5
Co-op
Dee Valley River Gwenfro
SSS Urtder8pend- out of hour5 delivery
Alyn Waters Events
Buckley Events
Brilliant Basics- Digital Kiosks
911,559
404,972
27,307
(57.812)
4,263
8,246
16,586
4,977
780
8,452
938,866
347,160
4,263
8.246
16,586
4,977
780
8,452
347
347
4,683
1,035
53.219
616
2.526
20.699
62
140
107
(4,683}
(1,035)
(26.890)
(616)
(2,526)
(20.699)
(62)
(140)
(107)
26.329
Restri¢¢ed fvnds
1404441
45
135856
TOTAL FUNDS
1834 552
220 550
2.055.102
MOVEMEiYf IN FUNDS- CHARITY
Net movement
in funds
At 1.4.24
At31.3.25
Unrestrlcted funds
General fimd
Restricted funda
HLF Clywedog V&ll¢y Partnership
Wr¢Kham Schoo15 2024-25
Park Adfcr- Growing Together De¢5ide
Austin and Hope Pilkington- Food Poverty
FLVC Growing
WCBC Community Gmwing Pioject Phase 2
Brilliant Basics- Digital Kiosks
Principality
71.697
81.178
152.875
4,263
8.246
16.586
4.977
780
8,452
(1,920)
4,263
8,246
16.586
4,977
780
8.452
2.556
347
4.476
347
Page 31

GROUNDWORK NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 3 1ST MARCH 2025
Wrexham schools 2023-24
Moving on Wrexham
Nationwide Happy Families
Safer Streets 5
CO-OP
Dee Valley River Gwcnfro
SS5 Undersp¢nd- out of huurs delivery
Alyn Waters Events
Buckley Events
(4.683}
(1.035}
(26.890)
(616)
12,526)
(20,699)
{62)
(140)
107
53,219
616
2,526
20,699
62
140
107
26.329
Restricted funds
￿￿10
T(7fAL FUNDS
159.607
65.804
225.411
All carried forwgsd funds have been agreed as carryover and be spent in 2025-26
NET MOVEMENT IN FUNDS- GROUP
Net movement in funds, included in the above ore as follows..
Incoming
resources
Resources
expended
Mov¢m¢nt in
funds
Unrestricted fundjj
General fund
2,274,338
(2.007,909)
266.429
Restricted fundi
Restricted liind
673,834
(719,713)
(45.879)
TOTAL FUNDS
2 948.172
2 727.622
220 550
NET MOVEMENT FUNDS- CHARITY
Net movement in fund5, inGlud¢d in the above are as follows..
lftcotning
resources
Resources Movement in
expended
fund8
Unrestri¢t¢d funds
General fvnd
1.566,915
(1,485,736)
81,179
Restricted funds
Restricted fund
428.693
(444.067)
(15.374)
TOTAL FUNDS
1,995.608
1.929.803)
65.805
Page 32

GROUNDWORK NORTH WALES
NOTES TO THE CONSOLIDATED FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
COMPARATIVES FOR NET MOVEMENT IN FifNDS- GROUP
Net movement in funds, in¢lud¢d in the above are as follows:
Incorning
resources
R¢sour¢¢s Movem¢nt in
¢xp¢nded
funds
Unrestricted fvnds
G¢ner81 fund
1,933,214
(1.930.100)
3,114
Restrlc¢ed fundi
Restricted fimd
741.442
(748,617)
(7.175)
TOTAL FUNDS
2.674.656
2.678 717)
COMPARATIVES FOR NET MOVEMENT IN FUNDS- CHAIUTY
Net movement in funds, included in the abov¢ are as follows..
In¢oming
resources
R¢sourc¢s Movement in
expended
fijnds
Unr¢Jtricted fundi
General fund
1,394,787
(1,413,112)
(18,325)
Restritttd fundi
Restricted fund
474.927
(499,485)
124.558)
TOTAL FUNDS
1.869714
18.
CAPITAL COMMITMENTS- GROUP AND CHARITY
31.3.25
31.3.24
Contracted but not provided ftii in th¢ fjnancial statement5
Pag¢ 33