COMPANY REGISTRATION NUMBER: 2995805 CHARrrY REGISTRATION NUMBER: 1045890 Cyfannol Women's Aid Company Limited by Guarantee Financial Statements 31 March 2025 WALTER HUNTER & CO LIMITED Chartered accountsnts & statutory auditor 24 Bridge Street Newport South Wales NP20 4SF Cyfannol Women's Ald Company Limited by Guarantee Financlal Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the directorfs report) Independent auditoes report to the members 21 Statement of financial activities (including income and expenditure account) 26 Statement of financial position 27 Statement of cash flows 28 Notes to the financial ststements 29 Cyfannol Women's Ald Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2025 The trustees, who are also the directors for the purposes of company law. present their report and the financial statements of the charity for the year ended 31 March 2025. Reference and admlnlstratlve detslls Reglstered charlty name Cyfannol Women's Aid Charity regFStration number 1045890 Company registratlon number 2995805 Principal office and registared 3 Town Buildings office Park Road Pontypool Torfaen NP4 6JE The trustees A Hodgson - Chair E Brule- Wice Chair V Norke - Treasurer A O'Donoghue -secretary S Dwyer S Legge J McCarthy- Mills C Meloy K Perrott A Watson (Appointed 12 November 2024) (Appointed 12 November 2024) (Resigned 12 November 2024) (Appointed 11 February 2025) Key Management Personnel Helen Swain Joanna Parry Debra Richards Chief ExecutNe Officer Director of Support Services Director of Communications & Development Director of People & Culture Director of Finance & Business Services Deanna Parry Sarah Screen Bankers Unity Trust Bank PIC Nine BrindleypFa Bimiingham B12HB Auditor Jonathan Rhodes Bsc BFP FCA Walter Hunter & Co Limited Chartered accountants & statutory auditc 24 Bridge Street Newport South Wales NP20 4SF Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Directorfs Report) (¢ontints¢dJ Year ended 31 March 2025 Structure. governance and management The trustees present their annual report and finanaal sLqternents for the year ended 31 March 2025. The financial statements have been prepared En accordance with the accounting policies set out in the notes to the financial statements and comply with the chaiivs goveming document, the Companies Act 2006 and "knounting and Reporting by Charities: Statement of Recommended Practice appltcable to charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {8ffective 1 January 2019)". OVERVIEW Vlsion EveiyGfie li ewiPOb&eied to Ilouriih in a Iile112e fioffl Violence Againsi Ilomen, Domestic Abuse and Sexual Violence Mission ToddNer acrossGwent, 3 range of per50n-led andtraurn3-informed seNce5 to aftyperson, particularlywomen or children, ho hasexFaioKed anyfoTm of Wiolence A£ainstWomen tthestic ￿)Use8nd Sexual Wiolence, regardless of their needs aTrdthe multiple disa(trantages theyface. Values Ambition EMpOwe￿ent Integrity If-Awareness Collaboration Resilience Dedication Strategic Goals We will continually evolve all that we do by listening, learning, evaluating and adapting. n£e& B StThlces Al3￿BedIe￿￿￿h Ccmpnatrte 4eet¥0￿Srtdett vryqceslhat rr*ettlii' J5•1 our(ommuiiltv liiilus4wers￿rQnMe41r $3fe FIouri5hin8 rl._XVilioD&reieDboii *lliad5t sour(( D!p.E dJ'Ancus'.s Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (continued) Year ended 31 March 2025 Structure, governance and management {eonlinu8d) Board of Trusteos The fdlowing members of the Board have held office since". Ceri Meloy- Sin￿ November 2019 Ann Hodgson - since January 2022 Susan Legge - since January 2022 Emma Louise Brute- since February 2023 Wilija Norke - since August 2023 Anne O'Donoghue - since February 2024 Stephen Dwyer- since November 2024 Jodie McCarthy-Mills- since November 2024 Analee Watson - since February 2025 All Trustees are also members of the CQTnpany with the exceptson of appointees and co-opted members. Under the Companies AGt 2006 definition. all members of the Board are directors of the company. In accordance with the Articles of Association all members of the Board retire at each Annual General Meeting and are eligible for re-election. Governing DoGument Cyfannol Women's Aid (CWA) is a charitable company limtted by guarantee. which was incorporated on 29 November 1994. The company was established under a Memorandum of Association which established the objects and powers of the charitable company. In the event of the company being wound up members are required to contribute an amount not exceeding £1 tovrards any shorttall. Trustee Inductlon and Training The trustees, as company directors. have overall responsibility for the managernent of the organisation as outlined in the Standing Orders reflected in the Constitution and are govemed under its ArtiGles of Association. The Board of Trustees have responsibility of ensuring the organisation operates within the law and within the confines of any contract it has in place with other bodies such as grant gmng organisations. housing associations, and local authorities. The Trustees work collectively ensuring the business of the organisation is conducted openly and with integrity. ensuring that CWA operates within the ternis of the constttution and overall aim5 and objectives of the organisation. The Board of Trustees are responsible for defining the strategic direction of the group. for monitoring and regulating the standards of service delNery and for overseeing the financial affairs of the group. The day-t(Hlay management of the group is delegated to the organisations, CEO as laid out in the System of Delegated Powers. The Trustees ensure that new members are recruited or elected on a systematic and continuous basis in order that there Is always a core of experienced members. Election of trustees is undertaken having regard to the constitution and takes place at the AGM. New trustees are sought who have experience in related areas of work and who have an understanding of Violence Against Women. Domeslic Abuse and Sexual Violence. Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrectorfs Report) (conttnu8d) Year ended 31 March 2025 Structure, govemance and management {conrfnu8d) They receive induction training that involves a visit to the offices and a meeting with the CEO and other workers. They are provided with a copy of Standing Orders and Delegated Authority and information relating to a description of the service. The￿ is a role description for TNstees and in addition new Trustees are provided with up to date inforniation on the role of Trustees and a guide to the relevant National Occupational Standards. Key management personnel The criteria used for setttng the pay and remuneration of the charivs key management personnel remuneration is currently based on the market value. comparing salary levels for core roles across similar size charities to ensure the pay rates are competitNe. Commltment of purpose: Cyfannol Women's Aid (Cyfannol) believes that a world N*TlhoLrt domeslic abuse 8nd sexual violence is one to aspire to. We believe that all people who are victims of abuse and vidence should receive person- led and trauma-informed services. We aGknowledge that ove￿elM1ngIy. domestic abuse and sexual violence is committed against women and that VAWDASV is a gender-based issue and a Gause and consequence of gender inequalty. As a charity, our key role is therefore to supporl women and children to flee abuse and violence. recover from Iheir experiences and to flourish in a lrfe in which Violen￿ and abuse no longer happens to them. This ideolryJy will be reflected in our charity name. mission. vision and values. We go through an in4epth assessment with anyone who wants to access any of our support services in order to aS￿rtain which service is right for them. based on their tndividual situation and needs. as well as external risk factors. We have a range of options available that allow us to be fiexible, including dispersed refuge properties (self-contsined accommodation units} across Gwent. as well as outreach and community-based support services. While our core focus is on women and children. Cyfannol also offers inclusive support to indFviduals of all genders through specific services. refiecting our commitment to accessibility and equty. Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the DireGtorfs Report) (conflnufjd) Year ended 31 March 2025 Structure, governance and management (continued) Where there are opportunities to expand our support through funding intended for all people, we wll consider: The importance of the opporlunity in terms of 8dvancing our mission. Whether Cyfannol's unique and holistic approach can improve provision in that area: and; Whether we are best placed to terKJer independently or with a trusted partner. In the continual evolution of our Servi￿S. we listen to many Vol￿S. We speak diredy to the women. hildren and other people that are expert5 through experience. asking them about their needs, how our service5 have impacted on their Itves and what additional services are required. We listen to our team. asking them to share their experiences. asking where they feel we work well and where improvemenls can be made. Finally. we speak to the range of partners. funders and commissioners who support our work to identify how they view us and the services we deliver. We will continually adapt in response to the emerging needs of the people who use our services and in response to the challenges and opportunities created from the external environment. Cyfannol Women's Ald Company Limlted by Guarantee Trustees. Annual Report (Incorporatlng the Directorfs Report) (¢ontinu￿) Year ended 31 March 2025 Objectlves and activitles Actlvltlos - Summary of Actlvftles Cyfannol supports people across G￿￿nt who have experienced any fomi of Violence against Women, Domestic Abuse or Sexual Violence. through refvge. outreach and communty-based services. Vvtth established Hwbs in Pontypool. Abergavenny. Ebbw Vale and Newport and more than 45 years of experience, our dedicated teams help people to feel safer. recover from their experien￿5 and rebuild their lives, empowering individuals to flourish in a lrfe free from vidence against women. domestic abuse and sexual viotence IVAWDASV) Publ1¢ Benofft: As set out above all our charwtable athities are undertaken to further our tharitable purposes for the Public Benefit. The Trustees have referred to the guidan￿ contained in the Charity Commission's 'Charities and Public Benefit,, general guidan￿ on Public Benefft when reviewing the charity's aim5 and objectives and in planning its future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives that have been set. Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢onllnued) Year ended 31 March 2025 Achl8v8ments and perforniance Accommodatlon Servlces- 227 beneficiarles Our accommodation is available to people experiencing any fom of Violence Against Women, Domestic Abuse and Sexual Violence (VAWDASV) We offer 3 different types of accommodation: Refuge Supported Housing (for wotnen explotted through the sex industy) Longer-terrn move-on (fai Cyfannol) Refuge We are able to support over 50 people at any one time. offering a mix of communal refuge space and self-contained dispersed flats and houses, all with different levels of support available. This broad portfolio means that we can aryx)mmodate women and families with different needs and requirements, including those who- Prefer to live alone Benefit from living with others Benefit from having the support team on site 2417 Have multiple and c(H)ccurring needs Have larger families andlor older children (induding dependant adult children) Have disabilities and carers Have a pet. including dogs. We also have 1 flat arKI 1 family sized home that are suitsble foT people of all genders. Supported Houslng for women exploited through the sex industy 'Arcadia' is a unique provision in Wales offering 5 women. who are experiencing exploitation through the sex industry. a home. Women have specialist support and security services available 24n. a private bedroom. shared faGilities. therapy hwb and garden. Tai Cyfannol We offer women who have previousty used our services. parttcularly our refuge services. the opportunity to move into longer temi transttional accommodation. We have a mix of 2 and 3 bedroom homes, offered at affordable local market rents and meeting Welsh Quality Housing Stsndards. Women don't need to continue accessing support after moving into Tai Cyfannol accommodation unless they wish to. Our first 2 homes were established in Torfaen and Blaenau Gwent and in the past year Tai Cyfannol has expanded into Monmouthshire and Caerphilly. Cyfannol Women's Aid Company Llmited by Guarantee Trustees. Annual Report (Incorporating the Dlrectorfs Report) f¢ontlnuedJ Year ended 31 March 2025 Achievements and perfonnanco (contlnued) Servlces Numbor of units Number of beneficiaries Refuge for single women with multiple disadvarrtages; Family refuge; Move onldispersed units" Tai annol Family refuge. move onldispersed units: Taic nnol Self-contained units in a communal setting". Move onldispersed units: Taic annol Refuge and supported accommodation with security for single women with multiple disadvantages: Family refuge: Move onldis Torfaen 16 55 Women 20 children Monmouth8hire 27 women 21 children Blaenau Gwent 19 Women 21 children Newport 14 48 women 16 children rsed units Supwrt impact within Refuge and Arcadia is measured though the Housing Support Grant National Outcomes framework. which evidences the main purpose of the grant in relation to the following primary outcomes" People have been able to engage vAth housing related support services (advice. infomiation and assistance) and are better infomied a￿ut the Options available to them andlor know whero to go for assistance People have been able to access emergencyltemporary accommodation or short-tenn supported accommodation People can access and sustain a suitable settled home People can manage their existing accommodationlhome whith prevents them from either becoming homeless or from having to access more costly public servic8s (e.g. healEh. social care services) And individual progress against the following secondary outcomes-. People have posÉtsve and healthy relationships with people in their1rf8 People feel safe People have Independen￿ and control of their day to day lives People are èngaged in something meaningful to them People's physical health is gocxj People are managing the impact of their dependency People's mental health and wellbeing is gcKJd Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Directorfs Report) fcontlnued) Year ended 31 March 2025 Achievements and perfonnance (condnuéd) Communlty Servlces - 1.947 ben8fKiaries Our communty services incorporate crisis intervention. groupwork programmes and longer-term tenancy support in Torfaen, Monmouthshire, Blaenau Gwent and Newport. Our Hwbs in Pontypool. Abergavenny, Ebbw Vale and Newp)rt provide crisis intervention, emotional and practical support to women. either by phone or in person. Support can be accessed by any woman on a one-off or on-going basis. People of all ge[￿erS can access the services at the Ebbw Vake Hwb. Referrals are accepted from agenoes. as well as individuals themselves. Some crisis referrals are received via police Public Protection Notices (PPN). whereby individuals have given consent to be Gontacted by a domestic abuse agency following an inGident. Women requiring ongoing support receive support to manage their tenancies. finance. relationships, safety and on-going educationltraining aspirations. Group work figures incorporate Ihe Own My Ltfe programme. Recovery Toolkit and Hope to Recovery. Area Service Number of beneficiaries 850 women Torfaen Communty Services Group work Community Services Group work Community Services Group work Comrnunity Services Group work 128 women 553 women Monmouthshlre 59 women Blaenau Gwont - 184 individuals 28 women Newport 84 women 61 women 'The figures in the table do not include PPN contacts where individuals did not a¢￿sS furth8r support. Impact is measured though the use of the Supporting People National Outcomes framework which monitors dIStsn￿ travelled by wornen (as explained in 1). Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrectorfs Report) fcontlnu8dJ Year ended 31 March 2025 Achievements and perforniance (cononued) Children and Young People's Support - 257 beneficlarles We offer a range of Children and Young People's Support Services, comprising of: Mentoring programme for boys 1."1 support Girfs Group STAR Group Ar Trac Support Services The Mentoring Project is delivered across Monmouthshire and Torfaen to boys aged &16 who have experienced domestic abuse. The airn is to help them wtth behavioural challenges and managing feelings they might be experiencing. A tnentor engages with a child once a week for 9 months (under 1 Is) or 8 weeks as part of a group (11-16 yrs). The project supports the child to feel more self-confident, relate better to others, deveEop a stronger sense of responsibility. understand the consequences of their actions. improve their concentration. and improve school atterKlance and attainTnenL We offer 1.1 Support across Gwent to help children and young people feel emotionally and practtcally supported following their experience of domestic abuse. The aim is to empower them to make positive choices in their present and future, feel safe. and gain knowledge and skills in how to stay safe. Our specialist support workers provide advocacy and support for young people aged 11-18 affected by domestic abuse and identified as at high risk of sertous hami. This service is for young people who havo grown up in households where domestic abuse is present. and young people who arelhave experienced violence or threats of violence in their own relationships (intimate or olher). Girls Groups are for girls aged 11-15 across Monmouthshire who have previously lived in a home where there was an unhealthy relationship between adults. These supportive. peer-led groups meet weekty for 8 weeks to work on small art and craft projects. The sessions offer an opportunty for the giTis to listen and support each other. whilst developing their understanding of healthy relationships. The STAR Group is for children who have experienced familial domestic abuse. The group runs over 10 weeks and covers healthy relationships, domestic abuse. keeping safe, feelings. managing anxiety. and anger and resilience. The programme supports children to feel safe. express their feelings safely. understand that the abuse is not their fautt. and leam how to communicate more positively with their non-abusive parent. The Ar Trac project launched in April 202010 support children and young people agod 5-16. who have experienced or wttnessed domestic abuse and who are exhibiting difficulties with their famity and peer relationships. Ar Trac is delivered across 10 areas by 5 regional project partners. Cyfannol is the lead partner. overseeing the project and delivering interventions wtthin Newport and Blaenau Gwent. The project brings together a range of interventions, o>produced with children and young people. Ar Trac's age-appropriate services are tailored to the individual needs and strengths of the child and their family. Intervention Number of beneflclarles Mentor-led Support Monmouthshire & Torfaen GiT]s Groups (Monmouthshire) STAR Groups (Monmouthshire & Torfaen) 1..1 Support (Gwent-wide) Ar Trac Project (Blaenau Gwent & Newport) 34 Children 5 Children 9 Children 71 Children 138 Children -10- Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢ontlnuedJ Year ended 31 March 2025 Achlevements and performance (contlnuedj Sexual Exploltation Support Servlces- 165 beneficlarfes The Sexual Exploitation Support Service provides advice. advocacy, information and support services to individuals in Newport and Caerphilly. who are currently. or are at risk of. experiencing sexual exploitation. This service is offered through outreach, home vislts, community visits. and is flexible to meet individuals. needs and circumstances. Our outreaGh services provide support to those who may not neGessartly access mainstream services, as well as to those who may be experiencing homelessness. Our outreach team will Sup[￿ individuals being sexually exploited regardless of their environmenulocation. "This seThice launched in Q4 of 24r25 Indlcator Specialist Sexual Exploitation Advocacy.. Newport Outreach Specialist Sexual Exploitation Advocacy. CaeTphÉlty Outreach Specialisl Sexual Exploitation Advocacy: Newrx)rt Dropin Number of beneflclaries 95 individuals 7 individuats" 286 accesses by 63 individuals Regional Service5 (Gwent•wlde) - 535 beneficiaries We offer a range of Gwent-wide seniices. cofflptising of: Specialist Sexual Violence Support {ISVA-led) Sexual Abuse Counselling Service Sexual Violence Group work Boost- targeted peer advisor programme Tabw - independent police-peTpetrated domestic violence support seniice Ar Trac Support Services {see seclion 4. below) Our specialist Horizon Sexual Wiolence Support Services offer a range of 5UPPOrt for people of all genders across Gwent who have experienced any form of sexual violence at any tirne in their lives: Speciallst Sexual Vlolence Support (ISVA-led) for adults and children who have experienced any fonn of sexual violence or childhood sexual abuse. Since October 2024, this support has focused specffically on survivors not currently engaged with the criminal justice system. Counselling and therapeutic interventions for children and young people and adult survivors of childhood sexual abuse. Group work programmes (such as Sexual Wiolence Recovery Toolkit), peer support and group-based creative sessions for adults. nterventlon ecialist Sexual Violence Su exual Abuse Counselli Service exual Abuse Counselli Servic8 Groupwork attendees Number of beneficlaries 9 Indivtduals su rted 170 Individuals su rted 113 Indrviduals on waitin Individuals supported ISVA-led list Cyfannol Women's Aid Company Limlted by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) (continuedj Year ended 31 March 2025 Achlevements and perfomiance (¢onfrnuedJ The impact of ISVA support is measured in line with the Lime Culture Risk and Needs Assessmenc which monitors distance travelled in key areas of need: Ham from Others: Health and Medical. Mental Health and Psychological Wellbeing; Coping Mechanism. Alcohol and Drug Use" Safeguarding., Employment and Education. Finance. Accommixlation and Housing: Immigration and Restdence. Impact for counselling is measured using the C.O.FLE Therapy Assessment and End of Therapy Forms which involve clienys self-assessment of Well-being, SYmptorr￿, Functioning and Risk. Gwent Boost is a parlnership project aimed to ernpower individuals with lived experionces by providing opportunities within their communities. Cyfannol Women's Aid is c(Trdelivering the Targeted Peer Advisor PrcrfJramme with St Giles Trust. We support by recruiting women with lived experiences to become peer advisors and help with breaking down the barriers preventing women wtth lived experience attending work. These peer advisors will go into support roles where their lived experience can be used in a posttive way. The programme offers training. placement. professional development. and sUPPOrt around the framework of Level 3 Advi￿ and Guidance qualification. giving the peer advisors the sktlls and qualifications to move into employment and make progress in the new lives. Intervention BOOST - Targeted Peer Advisor Programme BOOST Volunteer placements Number of beneficiaries 74 Individuals 6 placements Tabw provides emotional support and advocacy for vtctim-survivors of police perpetrated Violence Against Women, Domestic Abuse and Sexual Violence who live or work in the South Wales or Gwent Police force areas. The project also offers this support to police colleagues. This irnpartial and confidential service is delivered in partnership with Vale Domestic Abuse Services. The specialist service is required because victim-survivor5 of police perpetrat8d domestic abuse face increased and unique Ghallenges. due to the power imbalance caused by the profession of the perpetrator. There are additional challenges faced by police force employees who experience impact in both their personal and professional lives. The Independent Police Perpetrated Domestic Violence Advisor (IPPVA) speGialists provide emotiond and practical support to encourage victim-survivors to reach out. responding to their wider needs. The service provides advocacy through the criminal. civil and if appropriate. the police intamal process@s. Interventlon TABW- Support for WKtims of Police Perpetrated VAWDASV Number of beneflclarles 46 Individuals -12- Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) {¢ontlnuodJ Year ended 31 March 2025 Flnancial revlew The charty made a total surplus of £122,548 for the year ended 31st March 2025, consisting of an unrestricted deficit of £125.547 and a restricted surplus of £248.095 before transfers. Additional transfers have been made between restricted and unrestricted funds to reclassify historic balan￿S resulting in a final net movement of (£860.525) unrestricied and £983.073 restricted. Cyfannol finances its activities through specffic funding stream5 induding Govemment funding, private grant providers and through raising our own income via cash investrnents and rentsl income. Our main funders are: ervicel Project ccommodation & Communty Services exual Exploitation Support Services Regional servI￿s underl Contractorl Grant ousing Support Grant" NHS e National Lottery Communty Fund outh Wales and Gwent OPCCS" The National Lotte mmunity Fund" The Home Office," NHS. Wels overnment" MoondanGe Foundation elsh Govemment. The Home OfFice" Children in Need YP Services Cyfannol has a number of policies and procedures in place to ensure that funds are controlled. monitored and checked against the annual budget for income and expenditure. These procedures set out the detail by which staff are required to Garry out their duties in this particular area of work. They also set OLtt the specffic tasks involved in undertaking this area of work and identify who is responsible for carying them OUL Investment Policy The Board of Trustees have the power to invest in such assets as Ihey see frt, monies not immediately requir8d for the furtherance of its objects. -13- Cyfannol Women's Ald Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrectorfs Report) (contlnu Year ended 31 March 2025 Flnancial review (condnu¢ Reserves Policy The Board of Trustees recognise their obligation to protect the organisation from risk of insolvency or serious disruption of its work with women who have suffered outcomes of domestic abuse and also to apply the Charty's Income within a reasonable time of recEipt for the benefft of its dients and the organisation. Income is generated in the main from the organisations, activities, therefore Ft is the intention of the Trustees that reserves will be created and maintained from surpluses. It is the Trustees, assessment that possible liabilities would be 5 months outgoings of up to £1,606,783 to cover legal obligations and liabilities based on 100% ongoing (x)ntractual commitrnents (all short-term capital grants and short-temi Cowd grants have been deducted froni the (2lculations). The reserves of Ihe charity at the year*nd were £2.913,256 consisting of Unrestricted Reserves of £1,801.469 and Restrtcted Reserves of £1.111.787. The free Reserves of the Charity (unrestricted reserves. less fixed assets and designated funds) totalled £1.164.586. The level of free reseNes is currently below the charitls reserve policy. however, this FA)licy is due for review in light of conscious decisions being made to invest some free reserves into property The plan is to continue building the free reserves over time and to continuously assess Ihe balance of investments vs liquid reserves. Annual Stalgment on Fundraising This statement covers the reqU1￿ment charities must follow as set out in the Charities (Protection and Social Investment) Act 2016. Cyrannol Women's Aid is registered with the Fundraising Regulator and are commttted to the Fundraising Promise and adherence to the Fundraising Code of Practice. Our Fundraising Manager is a fttll member of the Institute of Fundraising. In 2024125 it ￿st us £4.419,318 to provide Wiolence against Women. Domestic Abuse. and Sexual Wiolence services in Gwent. Approximately 63.8Yo of this came from statutory sources, 31.40A from renlal income. 3.710 came from trusts and foundations. 0.5% from donations and 0.6010 from investments. -14- Cyfannol Women's Aid Company Limited by Guarantee Trustees, Annual Report (Incorporating the Dlrector's Report) (continuedj Year ended 31 March 2025 Flnan¢ial review (conQnu•d) Our fijndraising effort involves encouraging donations through grant applications, and communty fundraising activty. All fundraising activty 15 carried out in-house, and we have no plans to engage third paty professional fundraisers. Policies and procedures are in place covering all aspects of fundraising, induding donations from vulnerable peop18, and dealing with complaints. Over the last 12 rnonths. we have been SUC￿$sful in attaining new grants for revenue and capit81 projects. Plans for future periods We recognise that challenges within fvndraising will continue over the next 12 months as people and organisations have more demand on Iheir resources. Key fundraising activtbes during this period will indude= Responding to tender opportunities in response to r￿comMiSsiOn1ng activity across Ihe sector and Local Authority areas. following implementation of the Procurement Act 2023, which came into force in February 2025. Identifying and pursuing new income streams. particularly to support the development of children and young people services. Engaging commi8sioners and funders in dialogue about risk and gaps. and sustainable funding models. An expanded approach to corporate gFving. Continuing to engage in positive stewarding activity to engage wilh our supporters, frjnders. and commissioners. Funding priortbes for 202512026: Retention and expansion within the Housing Support Grant programme Children & Young People Services Sexual Violenco SUPFQrt S8rvices Adult educational groupwork Crisislimmediate VAWDASV support in Newport Statement of Risk Management Cyfannol Women's Aid recognises that effective risk management is 8ssential to safeguarding our mission, ensuring service continuity, and maintaining public trust. As we transttion from our 2022-2025 strategy into a new five-year strategic cycle (202>2030), we are operating in a complex and evolving environment shaped by both intemal and extemal pressures. -15- Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (contlnu8dJ Year ended 31 March 2025 Plans for future periods (eontlnued) Kay Strategic Rlsks IdentifEed: 1. Flnanclal Sustalnablllty a. DespÉte upliFts in statutory funding, inflation and rising operational costs continue to outpace income growth. b. Over-reliance on short-tenYA grants and contracts presents a challenge to long-temi service continuty. 2. Workforc6 Capaclty and Wellbelng a. Cyfannol continues to prioritise the wellbeing and sustainabilty of its workforce. Like many organisatioris in the sector. we are navigating the challenges of increased service demarKI ar￿ a competitive recruitrnent landscape. We recognise the importance of maintsining a resilient, SUPFK)rted team and are investirHJ in initiatives to strengthen development. enhance wellbeing, and ensure our services remain robust and responsÉve. 3. Infrastructure and Systems a. A8 we continue to grow and evolve, we recognise the importance of strengthening our digital infrastructure and data capabilities. Enhancing these systems will support more efficient operations. enable better insight into service delivery. and help us demonstrate Ihe impact ol our work more effectively. Investment in this area is a key priorty for the coming period. 4. Reputational and Compliance Risk Evolving legislation (e.g. employment law. housing regulations, gender recognition) may impact service delivery models and require rapid adaptation. b. Maintaining compliance with safeguarding. health and safety. and equalty duties remains a priortty- 5. Equity and Accessibility a. Cyrannol is commrtied to ensuring that our ser4icos are indusive, attessible. and responsive to the diverse needs of the communities we serve. While we are proud of the strong equty and indusion culture within our organisation, we recognise the importance of continuing to strengthen extemal visibility and engagement-particularly with groups who may face addttional barriers to accessing support. This remains a key focus as we move into the next strategic period. 6. Geopolltlcal and Pollcy Uncertalnty a. Shifts in UK and Welsh Govemm8nt priorities, post-Brexit regulatory div8rgence, and global instabilty may affect fundÈng, demand, and the pollcy environment. -16- Cyfannol Women's Aid Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors Report) (￿ntInu￿} Year ended 31 March 2025 Plans for future periods (condnuedj Mitigatlon Measures identified, Include: Strengthening financial planning and explorirvJ unrestsicted income streams (e.g. corporate partnerships. legacy giving). Investing in workforce development. wellbeing iniiialives. and indusive recruitment pathways. Enhancing digital system5 and data capabilitFes to support strategic insight and compliance. Embedding Equality Impact Assessments and cTrprodudion into deasion-making. Maintaining active engagernent with policy developments and sector networks to anticipate and respond to change. 2025126 marks the beginning of a new strategic cycle for Cyfannol Women's Aid. While our full 2025- 2030 strategy is in final development, our direction of travel is clear.- we are committed to deepening our impaGt. strengthening our infrastructure. and ensuring our services remain inclusive. trauma-informed. and survFvor-led. Key Prlorfties for 2025126: 1. Service Development and Innovatlon a. Expand and adapt services to meet the needs of underrepresented groups, including LGBTQ+ survivors, disabled indivtduals. and those with no recourse to public funds. b. Strengthen engagement and group work opportunities in response to service user feedback. 2. Workforce Sustainabillty Launch new volunteering and apprenticeship pathways to attract and nurture future talenL b. Pilot structured leaming arKI development frameworks to support progression and retention. 3. Equity. Diversity and Inclusion Implement the new EDI action plan, including translation of key materials, improved demographic data collection, and targeted outreach. b. Establish an intemal EDI working group and begin publishing an annual Inclusion Impact Report. 4. Wisiblllty and Influence a. Increase awareness of Cyfannol's full seprfice offer through tsrgated communications. stakeholder engagement. and o)mmunity outreach. b. Strengthen partnerships with local authortttes. health boards. and other VAWDASV organisations to amplify our voice and influence. -17- Cyfannol Women's Ald Company Llmited by Guarantee Trustees, Annual Report (Incorporatlng the Directorfs Report) (¢onllnu Year ended 31 March 2025 Plans for future perlods {¢on*nu8d) 5. Flnanclal Resillence Diversify income through new fundraising initiatives. corporate sponsorships, and social enterprise exploration. b. Improve financial rewtirKJ and planning tools to support full cost recovery and strategic investment c. Invest surplus (xsh reserves using an FCSC approved investment platforni. minimising the risk of holding all cash with a single institution and increasing interest income eamed. 6. Infrastructure and Dlgttal Transformation a. Begin phased upgrades to digital systerns to ifftprove data collection, service monitoring, and impaci reporting. b. Explore the use of Al and digital tools to enhance setvice delivery and internal efficiency. As we step into this new strategic cycle. Cyfannol Women's Aid remains unwavering in our mission to create a wortd where everyone feels safe from abuse. hami, and violence. We do so with darity of purpose, a deep commitment to equity and inctusion, and a belief in the power of survivor4ed change. While the challenges ahead are significant. so too is our resolve. With the strength of our team. the voices of those we support. and the backing of our partners and communities. we are ready to evolve. to lead, and to deliver lasting impact across Gwent and beyond. -18- Cyfannol Women's Aid Company Llmlted by Guarantee Trustees. Annual Report (Incorporatlng the Directorfs Report) (conJnuodJ Year ended 31 March 2025 Trustees, responsibl11￿•S statement The trustees, who are also directors for the purposes of company law, s￿ responsible for preparing the trustees, report and the financial statements in accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generalty Accepted Accounting Practice). Company law requires the charrty trustees to prepare financial statements for each year whith give a true and fair view of the state of affairs of the charitable company and the incoming resour￿5 and application of resources. induding Ihe income arKI expenditure. for that period. In preparing these financial statements. the trustees are required to: select suitable accounting policies and then apply them consistently," observe the methods and principles in the applicxble Charities SORP: make judgments and accounting estimates that are reasonable and prudent; prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. -19- Cyfannol Women's Aid Company Limited by Guarantee Trustees, Annual Report (Incorporatlng the Directorfs Report) (contlnu8dJ Year ended 31 March 2025 The trustees ar8 responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transacttons and disdose with reasonable accuracy at any time the financial position of the chanty and enable them to ensure that the financial statements cornply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitres. Auditor Each of the persons who is a trustee at the date of approval of this rewt confimis that: so far as they are aware. there is no relevant audit information of which the charitys auditor is unaware: and they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit infomiation and to establish that the char￿5 auditor is aware of that information. The trustees. annual report and the strategic report were approved on 4 November 2025 and signed on behalf of the board of trustees by- A Hodgson- C Cyfannol Women's Aid Company Limlted by Guarantee Independent Auditorfs Report to the Members of Cyfannol Women's Aid Year ended 31 March 2025 Opinlon We have audited the financial statements of Cyfannol Women's Aid (the 'charlty') for the year ended 31 March 2025 which comprise the statement of financial activities (including income and expenditure account). statement of financial position. statement of cash flows and the related notes, including a summary of signtficant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Stsndards. induding FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the charity's affair5 as at 31 March 2025 and of its incoming resources and application of resources. induding its income and expenditure. for the year then ended., have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practice- have been p￿pared in accordance with the requirements of the Companies Act 2006. Basls for oplnion We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibililies for the audit of the financial statements section of our report. We are independent of the charrty in accordance with the elhical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audtt evidence we have obtained is sufficienl and approprFate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial ststements. we have concluded that the trustees, use of the going concern basis of accounting in the preparats.on of the financial statements is appropriate. Based on the work we have performed, we have not identFfied any material uncertainties relating to events or conditions that. individualty or collectivdy, may cast significant doubt on the charilys ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going conc8m are descrtbed in the relevant sections of this report. -21- Cyfannol Women's Aid Company Llmited by Guarantee Independent Auditorfs Report to the Members of Cyfannol Women's Aid (¢ontlnu8d) Year ended 31 March 2025 Other infonnatlon The other infonnation comprises the infomiation included in the annual report, other than the financial statements and our auditorfs report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and. ex￿pt to the extent otherwise explicitly stated in our report. we do not express any form of assurance condusion thereon. In conneGlion with our audit of the financial statements. our responsibility is to read the other information and, in doing so, consider whether the other infomiation is materially inconsistent wÉth the financial Statement5 or our knowledge obtained in the audit or otherwise appears to be tnaterially misstated. If we identfy such material inconsistencies or apparent material misstatements. we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other infomiation. If. based on the work we have perfonned. we conclude that there is a material misstatement of this other infomiation. we are required to report that fact. We have nothing to report in this regard. Opinions on other matters presCrI￿d by tho Companles Act 2006 In our opinion. based on the work undertaken in the course of the audit: the infomiation given In the trustees, report for the financial year for which the financiat statements are prepared is consistent with the financial statements: and the twstees, rewrt has been p￿pared in accordance with applicable legal requirements. Matters on which we are required to report by exceptlon In the light of the knowledge and understanding of the charrty and its environment obtsined in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the followng matters in retation to which the Companies Act 2006 requires us to report to you rf. in our opinion: adequate accounting records have not been kept. or retums adequate for our audit have not been received from branches not visited by us: or the financial stst8ments are not In agreement with the accounting records and retums; or certain disdosures of trustees. remuneralion specrfied by law are not made; or we have not received all the infonnation and explanations we require for our audit. Responsibilities of trustees As explained more fully in the twstees, responsibilities statement. the twstees (who are also the directors for the purposes of company law) are responsible forthe preparation of the financial statements and for being satisfied that they give a true and fair view. and for such intemal control as the trustees d8termine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. -22- Cyfannol Women's Aid Company Limited by Guarantee Independent Auditorfs Report to the Members of Cyfannol Women's Aid (condnued) Year ended 31 March 2025 In preparing the financial statements. the trustees are resFK)nsible for assessing the charity's ability to continue as a going concem. disclosing. as applicable. matters related to going concern and using the going concern basis of accounting unless the trustees etther intend to liquidate the charity or to cease operations. or have rK) realistic alternative but to do so. Audltorfs re8ponsibillties for the audlt of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement. whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance wtth ISAS (UK) will always detect a Material misstatement when it exists. Misstatements Gan arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to Influen￿ the economic decisions of users taken on the basis of these financial statements. Irregularites, induding fraud, are instances of non-compliance with laws and regulations. We design procedures line with our responsibilities. ouuined above. to detect material misstatements in respect of irregularities. induding fraud. The extent to which our procedures are capable of delecting irregularities. including fraud is detailed bdow: By enquiring with senior management and those charged with govemance all area of risk identtfied were considered and any potential litigation or daim, if any, were noted Ensuring by enquiry that there were no issues of non-compliance wrth laws and regulations relating to tax and compliance By oblaining an understanding of the companys policies and procedures on compliance with laws and regulations. and with best accounting practice Noting issues discussed with Directors and the Senior Management Team as this relates to risks faced by the company Reviewing infonnation received from the company's solicitors. rf any and discussing their contents with the Directors Reviewing disdosures in the financial statements and testing to supporting documentation to assess compliance wilh applicable laws and regulatj'ons Audtting the risk of management overrides of controls including testing journal entries and other afJjustments for appropriateness and evaluating the business rationale of significant transactions outside the nomial cours8 of business Through these procedures, we did not become aware of actual or suspected non-compliance. -23- Cyfannol Women's Aid Company Limited by Guarantee Independent Auditorfs Report to the Members of Cyfannol Women's Aid (¢ontinued) Year ended 31 March 2025 As part of an audit in accordan￿ with ISA8 (UK). we exercise professional judgment and maintain professlonal scepticism throughout the audiL We also: Identtrfy and assess the risks of material misstatement of the financial ststements. whether due to fraud or error, design and perform audit procedures resFX)nsive to those rtsks. and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resutting from eThor. as fraud may involve coFlusion. forgery. intentional omissions, misrepresentations, or the override of intemal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the Circumstan￿$. but not for Ihe purpose of expressing an opiniorl on the effecliveness of the internal (x)ntrd. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disdosures made by the trustees. Conclude on the approprtateness of the trustees, use of the going c￿nCern basis of accounting and, based on the audit evidence obtained. whether a material uncertainty exists rdated to events or conditions that may cast sÈgnificant doubt on the charivs abilty tr) continue as a going concem. If we conclude that a material Un￿rtaInty exists. we are required to draw attention in our auditorfs report to the related disclosures in the financial statements or. rf such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorfs reporL However, future events or condttions may (Zuse the charity to cease to continue as a going concern. Evaluate the overall presentation. structure and content of the financial statements. including the disclosures. and vthether the financial statements representthe undertying transactions and events in a manner that achieves fair presentation. -2 Cyfannol Women's Aid Company Limited by Guarantee Independent Auditor's Report to the Members of Cyfannol Women's Ald (¢onUnugd) Year ended 31 March 2025 We communicate those charged with govemance regarding. among other matters, the planned scope and timing of the audit and significant audit findings. including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made solely to the charity's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest exient permitted by law. we do not accept or assume responsibility to anyone other than the Gharity and the charitvs members as a Ix)dy, for our audit wowk, for this report, or for the opinions we have formed. Jonathan Rhodes Bsc BFP FCA {Senior Statutory Auditor) For and on behalf of Walter Hunter & Co Limited Chartered accountants & statutory auditor 24 Brtdge Street Newport South Wales NP20 4SF 4 November2025 -25- Cyfannol Women's Aid Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 RestriGtg fijnds Total funds Total fijnds 2024 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Other trading activities Investment income 23.218 1.548,977 23.218 4,490,231 49.308 4.379.960 11.766 23,671 2,941.254 28,417 28,417 Total income 1,600,612 2.941.254 4.541,866 4,464.705 Expenditure Expenditure on charitable activities Totsl expendlture 9,10 1.726,159 2,693,159 4.419,318 4,359.632 1,726.159 2.693.159 4.419.318 4.359,632 Net income (125,547) 248,095 122.548 105.073 Transfers between funds (734,978) 734,978 Net movement in funds (860.525> 983.073 122.548 105.073 Roconclllatlon of funds Total fijnds brought forward Total funds carried forward 2.661.994 128.714 2.790.708 2.685,635 1.801.469 1.111.787 2,913,256 2,790.708 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. Thè notss on pages 29 to 51 form part of these financial statements. -2 Cyfannol Women's Aid Company Limlted by Guarantee Statement of Financlal Positlon 31 March 2025 2025 2024 Not• Fixed assets Tangible fixed assets 17 1.276,115 920,644 Current assets Debtors Cash at bank and in hand 18 494,257 1.486.454 637,433 1,516.098 1,980.711 2,153,531 Credltors.. amounts falllng due within one year Net current a86ets 19 343,570 283,467 1.870,064 1,637.141 2,913,256 2,913.256 Total assets less current Ilabllities 2.790,708 Net assets 2,790,708 Funds of the charlty Restricted funds Unrestricted funds 1.111,787 1,801.469 2,913.256 128.714 2.661,994 ToLI1 charlty funds 2,790,708 These financial statements were approved by the board of trustees and authorised for issue on 4 November 2025. and are signed on behalf of the board by: A Hodgson- Chair Tho notes on pages 29 to 51 forni part of these financial statements. -27- Cyfannol Women's Aid Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flows from operatlng actlvlties Net income 122.548 105,073 Adjustments for.. Depreciation of tangible fixed assets other interest receivable and similar income Interest payable and similar charges Accrued expenses 71.782 (28,417) 46,653 (23,671) 45,584 39.774 Changes in.. Trade and other debtors Trade and other cre(litors 143.176 14.517 (305.444) 73.959 Cash generated from operations 373,184 (63.656) Interest paid Interest received {3,994) 28.417 23,671 Net cash froml(used In) operating activities 397.607 {39,985) Cash flows from investing acts"vities Purchase of tangible assets Net cash used in invesling activities (427.252) (228.382) (427.252) (228.382) Net decrease in cash and cash eqvivalents Cash and cash equivalents at beginning of year Cash and cash equivalents al end of year (29.645) (268.367) 1.516.099 1,784.465 1.486.454 1.516.098 The notes on pages 29 to 51 forni part of these flnan¢lal statements. -28- Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General Informatton The charity is a public benefrt entity and a private company limited by guarantee, registered in England and Wales and a registered charity in Englan(i and Wales. The address of the registered office is 3 Town Buildings, Park Road, Pontyrx)ol, Torfaen. NP4 6JE. Statement of compliance These financial statements have been prepared in compliance with FRS 102. The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities prepar5ng their a(XOUnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the CoMpan￿S Act 2006. Accountlng poll¢les Basls of preparatlon The financial statements have been prepared on the historical cost basis. The financial statements have been prepared on the historical (￿t basis. The financial statements are prepared in sterling, which is the funGtional currency of the enttty rounded to the nearest pound. Going concern At the time of approving the financial statements, the trustees have 3 reasorsable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial statements. Judgements and key sources of estimation uncertainty The preparation of the financial statetnents requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factor8, including expeGtations of future event5 that are believed to be reasonable under the circumstsllces. Income tax As a registered charity, the charity is exempt from income tax to the extent that its incom8 and gains are applicable to charttable purposes only. Value added tax is not recoverable by th8 charity and is theref(Ye included in the relevant costs in the Ststement of Financial Activities. -29- Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financlal Statements {¢onllnued) Year ended 31 March 2025 Accounting policies (¢ontinuod) Fund accounting The charity maintains a general unrestricted fvnd which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capitsl and capital investrnent. Oesignated funds comprise fiJrKls which have been set aside at the discretion of the trustees for specific purFJoses. The purposes and uses of the designated fvnds are set out in the notes to the financial statements. Restricted funds have been provided to the charity for particular purposes. and it is the policy of the board of trustees to carefulty monitor the application of those funds in accordance with the restrictions placed upon them. Any proposed transfer belween funds would be considered on the parttcular circumstances. Incoming rnsources Income from donations or grants is recognised when there is evidence of entitlement to the gi receipt is probable and its amount can be measured reliabty. Legacy income is recognised when receipt is probable and entFtlement is established. Income from donatod goods is measured at the fair value of the goods unless this is impractiGal to measure reliably. in which case the value is derived from the (x)st to the donor or the estimated resale value. Donated facilrttes and services are recognised in the accounts when received rf the value can be reliably measured. No amounts are included for the contribution of general volunteers. Income frorn grants whether'capitsl. grants or 'revenue' grants. is recognised when the chanty has entitlement to the funds. any perf0rrnan￿ conditions attached to the grants have been met, it is probable that the income wrfl be received and the amount can be measured reliably and its not deferred. Capital grants are rdeased to the Statement of Financial Acttvities in the year of receipt. Fixed assets relating to capital grants are (xpitalised, and depreciation charge dis offset against the grant income. in a restricted fund. Income from contracts for the supply of services is recognised with the delivery of the Gontracted servi￿. This is dassified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed rf unspent. in which case ri may be regarded as restricted. Inv8strnent income is induded when receivable. Rental income and housing benefft income is accounted for in the period to which the service has been provided. Cyfannol Women's Ald Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 March 2025 Accountlng pollcies (contlnued) Resources expended Expenditure is recognised on an accruals basis as a liabilty is inGurred. Expenditure indudes any VAT which cannot be fully recovered. and is classrfied under headings of the statement of financial activities to which it relates: expenditure on raising funds indudes the costs of all fundraising activities. events, non- charitable trading activities. and the sale of donated goods. expenditure on charitsble activities includes all costs incurred by a charity in undertaking activtttes that further ils charitable aims for the ber]efit of its beneficiaries, including those support costs and costs relating to the govemance of the charity apporttoned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the chartty nor part of its expenditure on charitable activities. Atl costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activty are allocated directly to that activty. Shared costs are apportioned between the activities they contribute to on a reasonable. justifiable and consistent basis. Operatlng leases Lease payments are recoJnised as an exper]se over the lease term on a straight-line basis. The aggregate benefit of lease in￿￿tiveS is recognised as a reduction to expense over the lease term. on a straight-line basis. Tanglble assets Tangible assets are initially recorded at cos( and subsequently ststed at cost less any accumulated depreciation and impairment losses. The gain or loss arising on the disposal of an asset is determined a5 Ihe differen￿ between the sale proceeds and the carying value of the asset, and is recognised in the statement of financial activities. It is the charity's policy to not capitalise computer equipment where the individual value of the item does not exceed £2,000. Depreciatlon Depreciation is calculated so as to wrtte off the cost or valuation of an asset, less its residual value. over the useful economic life of that asset as follows: Refuges Office Equipment, Fixtures & Fittings and therapy shed Motor vehicles 20k p.a. on cost 25Yo p.a. straight line basis 25Yo p.a. straight line basis Impalnnent of fixed assets A revlew for indicators of impairment Is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. -31- Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 A¢countlng pollcles {¢OnlIn￿d} Financlal Instruments A financial asset or a financial liability is rec(yJnised onty when the entity becomes a party to the contractual provisions of the instrumenL Basic financial instruments are initialty recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitute5 a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequenty measured at the cash or other consideration expected to be paid or received and not discounted. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contrFbutions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled vtholly wtthin 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee The charity is limited by guarantee. each rnember having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter. There are 9 members of the cornpany (2024: 9 members). Donatlons and legacles Unrestricted Funds Restricted Total Funds Funds 2025 Donations 23,218 23,218 Unrestricted Funds Restricted Total Funds Funds 2024 Donations 49,308 49,308 -32- Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Ststements {¢onthued) Year ended 31 March 2025 Charltable activilles Unrestricted Funds Restricted Total Funds Funds 2025 Grants Aneurin Bevan UHB - Initial Contsct Worker Newport BBC Children in Need - Food Resilience BBC Children in Need - Mentortng Big Lottery - HorÈzon Sexual Violence Servi Gwent Poli(E & Crime Commissioners Gwent Police & Crime Commissioners - CYP Servtces Gwent Rever]ue underspend Hodge Foundation Home Office - CADA Home Office - CODI Home Office Flexible Fund Ministry of Justice Moondance- ISVA Led Spectalist Sexual Violence Support Service National Lottery- Assertive Outreach National Lottery - Digital Fund National Lottery Community Fund - Children's Garden Project National Lottery Community Fund - Sexual Exploitation CoFnmunity Outreach National Lottery Community Fund via The Wallich - Boost NHS Counselling other unreslricted small grants Rent and service charge income South Wales Police & Crime Commissioner- TABW The Neighboutly Foundation- The Spring Fund Torfaen Home Sustainment Grant 2025 Turn2Us VAWDASV- Revenue Grant additional allocation 24125 Welsh Govemment capital grant (Gardenlboiler) Welsh Government Housing Support Grant - Blaenau Gwent Welsh Govemment Housing Support Grant- Caerphilly Exploitation Pilot Welsh Govemrnent Housing Support Grant - Monmouthshire Welsh Govemment Housing Support Grant- Newport Welsh Government Housing Support Grant - Torfaen Welsh Government Sustainable Social Service Fund - Ar Trac Welsh Govemment VAWDASV Capitsl Grant- Tai Cyfannol We15h Govemment VAWDASV Revenue Fund - Counselling 6.000 6,000 33,166 33.166 24.732 21,687 24.732 21,687 106,000 106.000 104,852 153.801 350 104.852 153,801 350 19.148 19.148 (62,189) (62,189) 20.000 20,000 111.485 111,485 34.552 81,478 34.552 81.478 1.427.911 1.427,911 24.352 500 3.250 9.375 5.691 19,878 465,060 24,352 500 3.250 9.375 5.691 19.878 465.060 11,625 11,625 197.877 197,877 258.433 509.991 619.762 258,433 509,991 619.762 224.132 224.132 57.332 57.332 1,548.977 2,941,254 4,490,231 -33- Cyfannol Women's Ald Company Limlted by Guarantee Notes to the Financial Statements (conlinv8d) Year ended 31 March 2025 Charltable activlties (condnu Unrestricted Funds Restricted Totsl Funds Funds 2024 Grants Aneurin Bevan UHB - Initial Contact Worker N&Nport BBC Children in Need - Food Resilien BBC Children Need - Mentoring Big Lottery - Horizon Sexual Violence Services Gwent Police & Crime Commissioners Gwent Police & Crime Commissioners- CYP Se￿ICes Gwent Revenue underspend Hodge Foundation Home Office - CADA Home Office- CODI Home Office Flexible Fund Ministry of Justice Moondance - ISVA Led Specialist Sexual Violence Support Service National Lottery- Assertive OLrtreach National Lottery- Digttal Fund National Lottery Community Fund - Ch¢ldren's Garden Project National Lottery Community FurKI- Sexual Exploitation Communty Outreach National Lottery Community Fund via The Wallich - Boost NHS Counselling Other unrestricted small grants Rent and service charge Income SoLrth Wales Police & Crime Commissioner- TABW The Netghbourly Foundation - The Spring FurKI Torfaen Home Sustainment Grant 2025 Turn2Us VAWDASV - Revenue Grant additFonal alk)cation 24125 Welsh Government capital grant (Gardenlboiler} Welsh Govemment Housing Support Grant- Blaenau Gwent Welsh Govemment Housing Support Grant- Caerphilly Exploitation Pilot Welsh Government Housing Support Grant- Monmouthshire Welsh Govemment Housing Support Grant- Newport Welsh Govemment Housing Support Grant- Torfaen Welsh Govemment Sustainable s￿la1 Service Fund - Ar Trac Welsh Government VAWDASV Capital Grant- Tai Cyfannol Welsh Govemment VAWDASV Revenue Fund - Counselling 10.500 30.615 42,057 10.500 30,615 42.057 38,578 168.256 206,834 15,000 112.058 149.963 1.800 71.339 15.000 112,058 149,963 1,800 71,339 35.338 83.145 35,338 83,145 37.162 37.162 44.601 44,601 5,495 1.310.098 5.495 1.310,098 22.718 22,718 5.500 5,500 25,200 25.200 20.970 20,970 475,311 475,311 143.723 263.699 458.935 143.723 263.699 458.935 612,281 612,281 177.915 177,915 17.703 17,703 2,721.039 1,658,921 4,379,960 Cyfannol Women's Aid Company Limited by Guarantee Notes to the Flnancial Statements {contlnu8dJ Year ended 31 March 2025 Other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Other income from other trading activilies 11,766 11.766 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Interest receivable 28,417 28.417 23.671 23.671 -35- Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financlal Statements (conthu8dJ Year ended 31 March 2025 Expendlture on charitable actlvities by fund type Unrestricted Restricted Total Funds Funds Funds 2025 An8urin Bevan UHB - Initial Contact Worker Newport BBC Children in Need - Food Resilience BBC Children in Need - Mentoring Big Lottery Assertive Outreach Blaenau Gwent Home Sustainment Grdnt Designated Unrestricted - (see note 22) Fixed Asset- Cyfannol Properties Gwent Police & Crime Commissioners Gwent Police & Crime Commissioners - CYP Ser%ryces Hodge Foundation Home Office - CADA Home Office- CODI Home Office Flexible Fund Ministy of Justice Moondance - ISVA Led Specialist Sexual Violen Support Service National Lottery Community Fund - Children's Garden Project National Lottery Communty Fund - Sexual Exploitation Community Outreach National Lottery Communty Fund via The Wallich - Boost NHS Counselling South Wales Police & Crime Commissioner- TABW The Neighbourly Foundation - The Spring Fund Torfaen Home Sustsinment Grant 2025 Unrestricted Core Costs VAWDASV Newport Council Welsh Govemment Capital Grant Welsh Government Housing Support Grant Welsh Govemment Sustsinable Social Service Fund - Ar Trac Welsh Governm8nt VAWDASV Revenue Fund - Counselling Support Costs 3.396 9.555 31.879 3,396 9,555 31.879 2.227 2.227 201.981 2,039 22,282 16,738 4.523 82,072 139,191 1.325 201.981 2.039 22,282 16.738 4,523 82.072 139.191 1.325 16.021 16,021 2,390 2.390 89.601 28.546 67.110 19,498 163 494 89.601 28,546 67,110 19,498 163 494 1.524.178 1.524.178 1,144.573 585.734 1.144.573 585.736 43,808 43.806 379.994 379,994 1.726.159 2.693.159 4.419,318 Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Statements (conthuedj Year ended 31 March 2025 Expendlture on charftable actfvlties by fund type (contlnu8dJ Unrestricted Funds Restricted Total Funds Funds 2024 Aneurin Bevan UHB - Initial Contact Worker Newport BBC Children in Need - Mentoring and Food Resilience First Give Fixed Asset- Cyfannol Properties Gwenl Police & Crime Commissioners Gwent Police & Crime Cornmissioners - CYP Services Hodge Foundation Home OfFice - CADA Home Office- CODI Home Office Flexible Fund Ministry of Justice Moondance - ISVA Led Specialist Sexual Violence Support Service National Lottery Community Fund - Children's Garden Project National Lottery Community Fund - Sexual Exploitation Communty Outreach National Lottery Community Fund via The Wallich- Boost NHS Counselling South Wales Police & Crime Commissioner- TABW The Neighbourty Foundation- The Spring FurKI The Simon Gibson Charitable Trust Torfaen Home Sustainment Grant Torfaen Home Sustainment Grant 2025 Unrestricted Core Costs VAWDASV Newport Council Welsh Government Capital Grant Welsh Government Housing Support Grant Welsh Government Sustsinable Social Service Fund - Ar Trac and Welsh Government VAWDASV Revenue Fund - Gounselling 35,130 35.130 437 2.039 197,066 437 2,039 197,066 14.318 112.096 150,339 506 71.528 14,318 112.096 150,339 506 71,528 258.833 258.833 33.455 33,455 22,718 22.718 199 5.500 199 5,500 2.758.584 2.758,584 43,162 40,857 43.162 40.857 612,865 612,865 2.758.584 1,601,048 4,359,632 -37- Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financlal Statements (conthuedj Year ended 31 March 2025 10. Expendfturo on charltable actlvfties by activity typ8 Actwtties undertaken Grant funding directly of activities sUPp￿t Total funds Costs 2025 Total fund 2024 Aneurin Bevan UHB - Initial Contact Worker Newport BBC Children In Need - Food Resilience BBC Children ill Need - Mentoring Big Lottery Assertive Outreach Blaenau Gwent Home Sustainment Grant Designated Unrestricted - S￿ note 22 First Give Fixed Asset- Cyfannol Properties Gwent Police & Crime Commissioners Gwent PoliGe & Crime Comtnissioners - CYP Services Hodge Foundation Home Office - CADA Home Office - CODI Home Office Flexible Fund Ministry of Juslice Moondance - ISVA Led SpeGialist Sexual Violence Support Service National Lottery Community Fund - Children's Garden Project National Lottery Community Fund - Sexual Exploitation Community Outreach National Lottery Community Fund via The Wallich - Boost NHS Counselling South Wales Police & Crime Commissioner- TABW The Neighbourly Foundation - The Spring Fund Torfaen Home Sustainment Grant Torfaen Home Sustainment Grant 2025 Unrestricted Core Costs VAWDASV Newport Council Welsh Government Capital Grant Welsh Government Housing Support Grant Welsh Government Sustainable Social Service Fund - Ar Trac Welsh Government VAWDASV Revenu8 Fund - Counselling 3,396 9.555 31.879 1.560 4.956 9.555 31.879 35.130 199 2.227 201.981 2,227 201.981 437 2,039 197,066 2.039 22.282 16.738 4.523 82,072 43.840 1,325 2.039 22.282 19.438 2.700 5,109 22.780 12.624 9.632 104.852 151,815 1.325 14.318 112,096 150,339 506 71,528 95.351 16.021 2.499 18,520 2,390 2.390 89.601 28,278 117.879 258.833 28.546 67.110 19.498 5.944 14.440 4.854 34.490 33,455 81.550 24,352 22.718 163 163 5,500 494 1.524.178 1.524,178 2.758.584 43,162 40,857 1,144.573 245,590 1.390,163 138,406 447.328 33.616 619.350 612.865 43,808 43,808 3.496.645 542.679 379.994 4.419.318 4.359,632 0>0 vo) cx 15151111-.. 00¢ roc fD¢O cfjff) x>< u o ¢$ c>a)￿)0? cC*J ID CCL q) o EO> w oinln o¢nw) O (o o u oouc IXJ(iL)(JlLi(JocLCa(r)CL< OCNJOp*3Ja)(Noo C) u) rrjv cooa) Ewo (Op( cco> O (o W L) o ID o_ (rJiLv￿lii￿oÈl￿ Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Statements (¢ontinuedJ Year ended 31 March 2025 12. Anatysis of grants 2025 2024 Grants to Instftutlons Calan DVS Cardiff Womens Aid Gorwel West Wales Domestic Abuse Service RASASC Other 149.957 111,832 111,832 111,832 57.226 159,792 92,582 111,315 99.431 57.390 7,500 542.679 528.010 Total grants 542.679 528,010 13. Net income Net income is stated after chargingl(crediting): 2025 2024 Depreciation of tangible fixed assets Fees payable for the audit of the company's finanGial statements Fees payable for accountancy services Fees payable for payroll services 71.782 7.000 1.500 4.056 46,653 15,329 6.964 4,018 14. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salaries Social security costs Employer contributions to pension plans 2.139.183 183,250 39,898 2,016,963 171,452 38,174 2.362.331 2.226,589 The charity paid redundancy costs of £nil during the year (2024." £32.654). The average head count of employees during the year was 96 (2024: 94). The average number of full-time equivalent employees during the year is analysed as follows: 2025 No. Management Admin Service Delivery 12 76 41- Cyfannol Women's Ald Company Limlted by Guarantee Notes to the Financial Ststements (¢on(inued) Year ended 31 March 2025 14. Staff costs (contlnu The number of 8mployees whose remuneration for the year fell wiihin the following bands, were: 2025 2024 £60,000 to £69,999 £70,000 to £79.999 Key Management Personnel The Key management personnel of the charity during the period are noted in the trustees report. The total employee benefits received by the key management personnel during the year was £312.851 (2024.'£316.178) 15. Trustee remuneration and expenses None of the trustees (or any persons connected with them) received any remuneration or beneftts from the chartty during the year. No trustees were reimbursed for expenses during the cUr￿nt or prior year. 16. Fund Transfers As at 31 March a transfer of restricted fund5 was made to unrestricted funds this related to projects which were partially funded by unrestricted funds in earlier years. 17. Tangible fixed assets FTeehold Fixtures and property fittFngs Motor vehides Total Cost At 1 April 2024 Additons 893,594 427.252 145.417 37.289 1,076,300 427.252 At 31 March 2025 1.320.846 145.417 37.289 1.503.552 Depreciatlon At 1 April 2024 Charge for the year At 31 March 2025 67.396 17.905 69.496 45.326 18,763 8,551 155,655 71.782 85.301 114,822 27.314 227,437 Carrylng amount At 31 March 2025 1,235.545 30,595 9.975 1.276,115 920.644 At 31 March 2024 826,198 75.921 18,526 42- Cyfannol Women's Ald Company Limited by Guarantee Notes to the Financial Statements (conthiued) Year ended 31 March 2025 18. Debtors 2025 2024 Trade debtors Prepayments and accrued income Other debtors 174.387 318.462 1,408 380,319 229,275 27,839 494.257 637,433 19. Crodltors: amounts falllng due wlthln one year 2025 2024 Trade credttors AcGruals and deferred inGome Social security arKI other taxes Other creditors 80.349 215.404 37.317 10.500 205,310 39,773 29,596 8,788 343.570 283.467 20. Deferred income 2025 2024 At 1 April 2024 Amount released to income Amount deferred in year At 31 March 2025 10.513 (10,513) 130.045 130,045 21. Pensions and other post retlremont beneffts Defined contribution plans The amount recognised in income or expendiiure as an expense in rdation to defined contributiorr plans was £39,898 (2024: £38.174). 4> Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Statements (continu Year ended 31 March 2025 22. Analysls of charitable fvnds Unrostrlcted funds At 31 March 2025 1 April 2024 Income Expenditure Transfers Unrestricted funds 1,458.231 1.150.345 (1.524,178) 80.188 1.164,586 Designated Funds: BG Hwb Assistant Children and Young People Group- Cyfannol Unrestricted Fixed Asset Fund CYP Manager Donations Engagement Engagement Officer Fundraising Horizon Project ISVA (family counselling) IT Equipment (laptops) Marketing Moondance Foundation Newport Hwb Move No Recourse Women Project Officer Refuges Maintenance Salary Increases Staff Bonus TORHSGTRAIN Training Officer 16.000 16.000 832.872 16.870 26,709 427.252 (74.652) (815,102) {11.200) (5,670) (24,187) 545 1.000 (19.676) 370,370 23.015 26.082 1,000 10,000 47.312 (17,636) 23.431 5.000 23,431 5,000 (3,844) 3.837 15.000 3.837 15,000 5.000 121,163 5,000 (24.334) (1.011) (17.562) 9.532 5.000 150.000 50.000 25.000 (4,503) (48.989) (7.438) (9.532) 35.000 40.0(KI 2.661,994 1.600.612 (1.726.159) (734,978) 1,801.469 Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Statements (¢onllnued) Year ended 31 March 2025 22. Analysis of charitable funds (contlnuod) At 1 Aprll 2023 At 31 March 2024 Income Expenditure Transfers Unrestricted fund 1,466.129 2,757.023 {2.624.838) (140,083) 1,458,231 Designated Funds: BG Hwb Assistant Children and Young People Group CYP Manager Donations Engagement Engagement Officer Fixed Asset Fund Fundraising Horizon Project ISVA (family Gounselling) IT Equipment (laptops) Marketing Moondallce Foundation - Newport Hwb Move No Recourse Women Project Offi￿r Refuges Maintenance Salary Increases Staff Bonus TORHSGTRAtN Training Officer 5.292 {5,292) 34.900 (21,142) (18.030) (22,375) 16.870 26.709 27.528 42.698 47,312 224.553 (20,137) (6.569) (25,354) 47,312 832.872 652.933 23.870 15,008 26.716 (44.614) (6,845) (11.390) (1.362) 3.112 2.951 5.000 (8,555) 5.000 26.815 (18.260) 68,924 (5.094) (48.830) 15,000 63,821 (5,776) 91.955 50,000 25.000 150,000 50,000 25,000 35.000 35.000 2.377.036 2.805.784 (2,758,584) 237.758 2,661,994 Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Statements (con Year ended 31 March 2025 22. Analysls of charltable fvnds (continu8dJ Deslgnaled funds Refuge Maintenance - To support fuiure repair work on the refuges. No recourse women - To support the provision to part fund rent accommodation and personal charges for those women with no recourse to public funds in Cyfannol Refuges. Fixed Asset Fund - This fund represents the unrestricted net book value of the charity's fixed assets. Donations - This fund reprèsents donations for the following areas; Blaenau Gwent. Monmouthshire, NeWF￿rt, Torfaen. CYP and Horizon counselling servi￿. Engagement OfFi￿r- This fund is to cover 2 y*s costs for the appointment of an Engagement Officer within the fundraising team. Training Officer - This fund is to cover 1 yearfs salary ￿sts for the appointment of a Training Officor within the People Services team. Marketing - This fund is to cover small miscellaneous marketinglfundraising costs which cannot be attributed to a specific projecL 46- Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financial Statements {conllnu8d) Year ended 31 March 2025 22. Analysls of charltable funds (condnu•dJ At 1 April 2024 At 31 March 2025 Restrlcted ftind5 Income Expenditure Transfers Aneurin Bevan UHB- Inilial Contact Worker Newport BBC Children in Need- Food resilience BBC Children in Need - Mentoring Big Lottery Assertive Outreach Blaenau Gwent Sustainment Grant Fixed Asset- Cyfannol Properties Gwent Police & Crime Commissioners Gwent Police & Crime Commissioners - CYP Services Hodge Foundation Home Office - CADA Horr]e Office - CODI Home Office Flexible Fund Home Office Flexible Fund Ministy of Justice Moondance - ISVA Led Specialtst Sexual Violence Support Service National Lottery Assertive Outreach Nats'onal Lottery Community Fund- Children's Garden Project National Lottery Community Fund - Sexual Exploitation Community outreach National Lottery Community Fund via The Wallich - Boost NHS Counselling South Wales Police & Crime Commissioner- TABW The Neighbourly Foundation - The Spring Fund Torfaen Home Sustainment Grant 2025 Welsh Govemment Capital Grant Welsh Government Sustainable Social Se￿1￿ Fund- Ar Trac Welsh Government VAWDASV Capital Grant- Tai Cyfannol Welsh Government VAWDASV Revenue Fund- Counselling Welsh Government Houslng Support Previously treated as unrestricted: Blaenau Gwent Monmouthshire N8WPOrt Torfaen Caerphilly Exploitation Pilot 6,000 (4.956) (9,555) (31,879) 1,044 945 4.445 10.500 3,158 (37,082) 33,166 37.082 2,227 820.012 12,724 (2.227) (2.039) (22.282) 87.772 (15.174) 905.745 24.732 21,687 (19.438) (9,632) (104.852) (151,815) (675) (650) 2.249 166 (38) 1,610 325 9.798 (38) (376) 104.852 153.801 1,000 (650) 1.294 (189) 189 19,148 {62.189) (18.520) 628 52,731 9,458 20.000 (2.390) (17,610) 16.409 111.485 (117.879) 10,015 36.397 34.552 81,478 (34.490) (81.550) 36,459 (72) 24.352 {24.352) 500 3.250 19.878 (163) {494) 337 2,756 (19.887) 341 619.762 (619.350) 753 224,132 (227,498) {3,366) (16.940) 57.332 (43.808) (3.416) 465.060 197.877 258.433 509,991 11,625 (439.778) (209,969) (261,024) (472,003) (7,389) 29,945 12.092 8,778 47,564 55.227 6,187 85,552 4,236 128,714 2.941.254 {2,693.159) 734,978 1,111,787 47- Cyfannol Women's Aid Company Llmlted by Guarantee Notes to the Financlal Statements (condnu Year ended 31 March 2025 22. Analysls of charltable funds (contlnuedj At 1 April 2023 At 31 March 2024 Income Expenditure Transfers Aneurin Bevan UHB - Initial Contact Worker Newport BBC Children in Need - Mentoring AND food resilience BBC Children in Need -Food Resilience Big Lottery Assertive Outreach First Give Fixed Asset- Monmouthshire Hwb Gwent Police & Crime Commissioners Gwent Police & Crime Commissioners - CYP Services Hodge Foundation Home Office - CADA Home Office- CODI Home Office Floxible Fund Masonic Charitable Foundation Ministry of Justice Moondance - ISVA Led Specialist Sexual Violence Support Ser￿[Ce National Lottery Community Fund- Children's Garden Project National Lottery Community Fund- Sexual Exploitation Community Outreach National Lottery Community Fund via The Wallich - Boost South Vvales Police & Crime Commissioner- TABW The Neighbourly Foundation - The Spring Fund Torfaen Home Sustainment Grant VAWWDASV l Newport Council Welsh Government Capital Grant Welsh Govemment Sustainable Social Service Fund - Ar Trac AND Welsh Govemment VAWDASV Revenue Fund Counselling Welsh Government VAWDASV Capital Grant - Tai Cyfannol 8,414 41.115 (35.130) (741) 13.658 437 85,982 13.636 (199) (437) {2.039) (197.066) (9) 3.829 168,256 87.772 (15,174) 9.116 15.000 112,058 149.963 1,800 (14.318) (112.096) (150.339) (506) 9.798 (38) (376) 1.294 1.080 {1.080) 71.339 (71.528) (189) 180,204 197.702 (258.833) (87.006) 32,067 44.601 (33.455) 25,251 36,397 22.718 (22.718) 5,500 17.703 20.970 8.593 (5,500) (43.162) {40.857) 16.866 (19.887) 947 612,281 {612,865) (16,962) (16.599) 177.915 (177.915) 308,599 1.658,921 (1.601,048) (237,758) 128,714 Cyfannol Women's Aid Company Limited by Guarantee Notes to the Financlal Statements (¢ontinued) Year ended 31 March 2025 22. Analys18 of charitable funds (conllnu8d) Aneurln Bevan UHB - Initial Contact Worker Newport - Provision of Immediate crisis and intervention services. BBC Children in Need - Mentoring - Funding provided for mentoring young people effected by domestic abuse. BBC Children in Need - Food Resilience - Supporting children & young people to develop a greater understanding of how to tackle food insecurity. Big Lottery Assertive Outreach - Outreach service to victims of domeslic abuse - innovab've parinership with Gwent Police. Ministry of JustiGe - AdvocaGy and support for adult survivors of childhood sexual abuse. Fixed Asset - Monmouthshire Hwb - Relates to the Multi Agency Centre that was transferred to the Gharity on the acquisition of Monmouthshire Women's Aid on 1 July 2015: depreciation will be released against this fund on an annual basis Gwent Police & Crime Commissioners - To provide sexual violence adV0￿¢Y and counselling. Gwent Police & Crime Commissioners - CYP Services - Provision of intake and assessment service for cyp. Hodge Foundation - Funding was provided towards comtnunty groups for women and girts effected by Dornestic violen￿ in Newport. Horne Office- CADA- CYP support services. Home Office - CODI- Sexual violence support work. Home Office FlexiLle Fund - Provision of one off payments to eligible survivors of domestic abuse. Masonic Lodge Charttable Foundation - This donation VRS provided to support the Newport refvges. Moondance - ISVA Led Specialist Sexual VM)lence Support Service- Support for people before and after criminal justice proceedings. National Lottery Communty Fund - Sexual Exploilation Community Outreach - Provision of outreach service for women exploited through sex VK)rk in Newport. National Lottery Community Fund via The Wallich - Boost- Peer advisory projecL National Lottery Community Fund - Children's Garden Project- Provision of a children's play area in refuge. NHS Couns811ing - Provision of counsejling to adult survivors of childhocmj sexual abuse. South Wales Police & Crime Commissioner- TABW- IDVA for victims of police perpetrated domestic abus8. 49- Cyfannol Women's Aid Company Llmlted by Guarantee Notes to the Financial Statements (conllnu•dJ Year ended 31 March 2025 22. Analysis of charftable funds (condnued) The Neighbourly Foundation - The Swing Fund -The provision of food. household essentials and clothing to individuals fleeing domestic abus& Torfaen Home Sustainment Grant - To support women to set up I sustain a home following domestic abuse. VAWDASV l Newport Council - Funding provided for sexual violence services. Welsh Government Housing Support Grant - Blaenau Gwent - Provision of housing related support including refuge provision Welsh Government Housing Support Grant- Monmouthshire- Provision of housing related support including refuge provision Welsh Government Housing Support Grant - Newport - Provision of houslng related support including refuge provision Welsh Government Housing Support Grant- Torfaen - Provision of housing related support including refuge provision Welsh Government Housing Support Grant- Caery)hilly Exploitation Pilot- Provision of housing related support to women who have experienced sexual exploitation. Welsh Govemment CapFtal Grant- Provision Property improvements including therapy garden. Welsh Government Sustainable Social servi￿ Fund - ￿ Tra¢- Support for CYP aged 5 to 16 who have seen or witnessed domestic abuse. Welsh Government VAWDASV Revenue Fund - Couns811ing - Provlsion of counselling to survivors of sexual abuse. Welsh Government VAWDASV Capital Grant- Tai Cyfannol- Purchase of Move-on Property. Cyfannol Women's Aid Company Llmlted by Guarantee Notes to the Financial Statements (¢ondnued) Year ended 31 March 2025 23. Analysis of net assets between funds Unrestricted Designated Restricted Total Funds Funds Funds Funds 2025 Tangible fixed assets Net Current assets 370,370 266,513 905.745 1,276,115 206,042 1.637,141 1.164.586 Net assets 1,164.586 636.883 1.111.787 2,913,256 Unrestricted Designated Restricted Total Funds Funds Funds Funds 2024 Tangible fixed assets Net Current Assets 832.872 370.891 87.772 920,644 40.943 1,870.065 1,458,231 Net assets 1.458.231 1.203,763 128,715 2,790.709 24. Analysis of Ghanges in net debt At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash at bank and in hand 1.516,098 (29.644) 1,486,454 25. Operating lease commttments The total future minimum lease payments under non-cancellable operating leases are as follows: 2025 2024 Not later than 1 year Later than 1 year and not later than 5 years Later than 5 years 11,925 19,366 5,909 38,774 97,080 135,854 37,200 26. Llmitation of auditors Ilablllty By way of a members. resolution. the company has agreed to enter Into a Ilmtted liability agreement th its auditors whereby their exposure to legal claims is limited to £50,1)00 per claim. 27. Related partles There were no disclosable related party transactions during the year (2024 - none). -51-