4CG c)ry￿r￿ 2010 IA St*tsmtht •f Fltt*ntlal Po8RtloM- tont1￿￿ed 30 SepteDthr 2(125 The5¢ financial statem¢nt$ have been prepar￿ a￿)rd￿ th¢ proTrisioDS applicable lo ¢haritsble ¢ornpani¢$ bubject to the small cowies regin]e. The financi￿ stalements w¢r¢ 8pprovcd by the Board of T￿￿ 8ttd authoTig>J for iswc on 18 March 2026 and werc signtd IL$ behalf by.. J C Lhvic5- Twt¢¢ S E Williams- Tnksttt 7/drf A5hmde & Co. Page 8 4CG 2010 Ltd. L¥otes to the Statements for the Year EDded 30 SepteAther 2025 ACCOUNTING POLICIES Basis of preparlttg tbt finAncAal st*tern¢nts The fi[￿￿18] %iatements of the chan'tsble company. vbicb is a pthlic benefit entity FRS 102, have Iwn Yepared in accordance with the Charities SORP IFRS 102)'A¢¢f exh fithd is included in the rtotes to the finauciaj s¢aknellt& ¥VESTMENT JNCOME 30.9.25 30.9.24 De￿￿1¢ A￿oun¢ Interut 737 Pag¢ 9 conti ASnTrNj￿ & Co. 4CG C)wu 2010 Lt l%ot¢s to the Flnancial Statements- eoithiued fDr ihe Year Ended 30 September 2025 NET INCOME/IEXPENDmJRK) Net in¢oMcllexpendift￿¢) is slated aftercFthtwn81{c￿dlUts&). 30.9.25 30.9.24 10,931 TRUSTEES. REMUNERATION AND BENEFITS Th¢r¢ were no twstees, Temumtion or other benefits for the year etskd 30 Sepiember 2025 wr for year ended 30 Septenther 2024. Trnstee•' expeniej Th¢re wer¢ no trust¢¢s' expenses paid for thc year cnded 30 Septth 2025 nor for the year ended 30 Sep￿mber 2024. STAFF COSTS The 4verog¢ monthly number of emplo￿ during the ye4r vrns &$ follo￿. 30.9.25 30.9.24 No employees received emolumenls in excus of £60,(￿. COMPARAT[￿ FOR TIIE STATEMENT OF FINANCIAL ACTIVITIES Unresrricted fund INCONfE AND ENDOIIIMEIYTS FROM Dono1ion$ 8nd Ic8acic5 98,908 CharltAble A¢rfv(des Ch8Titsble Activiti 78.178 Investu￿t inco Other I￿ome 4,276 Tot41 181,365 EXPENDrniRE ON CharStable acdvlti Chuitsbl¢ Activiiies 112,139 NET L¥COME 69206 RECONCILIATION OF mDS Tothl futmk brouBht forwyrd 333.703 TOTAL FUNDS CARRIED FORWARD Page 10 ¢¢)nit AsnTtde & Co. 4CG C)wrn 2•19 LhL Notes to the FiD*J¢ial Stitemellts- C•DtiDued for the Ye*r Ended 3(1 Septenther 2025 TANCIBLE FL￿) Assrrs IMFffoven￿IS Fix¢u￿5 FreelK)Id Plant and prom prop¥ry nwhinery fittittgs Totals COST At l O￿Ober 2024 a￿1 30 Sepiemb¢r 2025 777,410 568,621 88.787 28,967 1,463.785 DEPRECIATION At l October 2024 CharBe for year 72.783 3.201 14,898 4,643 87.681 7.844 At 30 September 2025 75,984 19,541 95,525 I¥ET BOOK VALUE At 30 September 2025 777.410 568.621 12.803 9,426 1.368.260 At 30 September 2024 777.410 568.621 16.004 14,069 ,376,104 DEBTORS: AMOUNTS FALLING DLTE MTHll¥ ONE YLIR 30.9.25 30.9.24 Trade dcbwrs Other debtors 525(1 1,726 7.792 2,422 1,103 14,768 3,525 CREDITOILS: AMOUNTS FALLt¥G DUE IITTHIN ONE YEAR 30.9.25 30.9.24 Bank lo&tts and overthafts (8e¢ rtot¢ I l) Other creditors A¢¢rued ¢xpenges 18,466 118.091 18,466 13,708 580 137.147 32.754 St￿le &Co. 4CG Cymr• 2010 LtsL Notes to the Finaneial St*tements- tontialled for the Year Ended 30 September 2025 io. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAI¥ ONE YEAR 30.925 30.9.24 Bank loans (see noie I l) Other loans Isff not¢ I l) 269.353 453.528 273.852 491,765 722.881 765.617 11. LOANS An an11￿1$ of the n￿tUrIty of loyrL8 is given below.. 30.9.25 30.9.24 Amounts falling due within one year on de￿￿. Bank108 18,466 18.466 Lloyd8 Bank IA>&n Community Loan Lloyds covid loan 62,095 386,500 4.933 71.932 407,300 12.333 453,528 491.765 A0￿unts fallin8 th1¢ in more than five yr•rs: Rep8yable by iTrstslments: WCVA loan 269.353 273,852 12. SHARE CAPITAL 30.9.25 30.9.24 Share capitsl 222200 222,800 13. MOVEMENT IN FUNDS N¢¢ movenxnl At 1.10.24 At 30.9.25 u￿r￿(r￿led funds Generdl fund 402,9(ts1 38,721 441,630 TOTAL FUN[ 402,909 38,721 441,630 Nei thovellw)t in funds ioclwJ¢d in the ai¥)Ye aTe 8s folk) ltt¢oJtLing Resowces MoveJDent in funds Urtreatrieted f•Dds Gcrnl fvnd 154.619 (115,898) 38,721 TOTAL Fu￿Ds 154,619 (115,898) 38 Page 12 ￿￿rr￿)￿ &Co. 4CG Cymrn 2010 Ltd. Notes to the FlnaDeSal St*tements- eontitiUe41 for the Year EtKled 30 September 2025 13. MOVEMENT IN FUNDS- ¢•ttliD¥ Comparadveg for l• fuDd• Net movemet At 1.10.23 Ai 30.9.24 UDrHtrlcted funds General fi]nd 333,703 69206 402,909 TOTAL FUNDS 333.703 69.206 402,909 Comparnlive nei movem¢nt in fi￿th, iNlud¢d iti the 4t<>ve ale ￿ follows.. ItKornitig Resources expu)ded Movement in funds Unmlrlcled fundi Gener41 fund 181.365 {112,1591 69.206 TOTAL FUNDS 181J65 1112,1591 69,206 A ¢urrenl year 12 montkL4 a￿1 prior year 12 months cMbiti￿ posilion is ￿ follows: A¢ .10.23 movement Ai 30,9.25 UDreJtrltled fund• Gentt#l fuTMI 333.703 107,927 441,630 TOTAL FUNDS 333.703 107.927 441,630 A current year 12 ￿￿￿th5 and PTK)r year 12 mondk8 C4)mbined movement in fund5. in¢lutsa in the above are as folk)ws: I￿oMing Resources Movettnt expended in fvnth Uttrestrl¢ted funds General fimd 335,984 {228,057) 107,927 TOTAL Fuf4DS 335,984 (228,057) 107.927 P4e 13 conti 4CG Cymrn 2010 Ltd. otes to the FI￿8￿¢5￿ St*temexts- eontitiued for the Y¢4r Ended 30 September 2025 14. RELATED PARTY DISCLOSURLS S meredi￿ wkn is a sh8rcJK)Ider of the charity, was paid a iotsl of r2.952 for twkkeeping Se￿1¢c$ during the S William$ is a ¢ruthe paid for work in the orgatiisatioti whi¢h 0nK)unted ￿ £20.523 for the ye&r. Page 14 AshnM)* & C 4CG Cywty 2010 LI DetAlled St•tem¢nt of Fill•n¢ial Adt*qtie5 for tht Year Ended 30 Septenthtr 2025 30.9.25 30.9,24 INCOME AIYD ENDOWMLIYTS Do￿￿tionS legaci Other Income tnsurwK¢ payinent Donation fn)m Mats Parcio 4CG LtsL onation from Hostel Hedd Ltd. Development grant E,lectric car ciwging 415 19 37,752 45,215 17.664 (1,903) 161 66.3fi9 66.784 98.￿8 Investment Incott Dqjosit Account Interest 737 ChArli*ble *¢tlvld Rents Tcceived 85.248 78.178 Other IDcome 'I'abernaele grant Community land truyt IwinK Community Brani 2.800 1,476 1,850 1,850 4,276 Totsl IAeonthi8 rewur¢ 154,619 181J65 F.XPENDITURE Ch#rltable aetlvltl Wages Rates and ￿ter I￿￿rance l.ight and Eleat Telept￿lle Priniing, PO￿age & Stsiionery Advertising & Websitc Costs Sundry Expenses Rep4ir5 lo Property Travel & Subyistel￿e Cle#Din¥ ttgal & prof¢ssional fee5 Consulthncy ftts Community land trust expenses PlaDt and maknhinery Fixtures wnd fittiD¥S 2,IH 1.363 16.764 8.409 2,436 121 210 3.420 1,917 11.536 6,495 1260 253 68 3,059 2,256 34 2,572 18.412 2,166 23,578 1,638 3201 4.643 6.930 66.878 63,245 Support co•ts Thi¥ page does not forni part of the st*tytory finan¢i41 sta*meats Page 15 ASh￿￿e & Co. 4CG cY￿rn 2010 Ltd. Detslled Ststement of FIDao¢ial Actlrfd for the Year Eniled 30 Septembèr 21125 30.9.25 30.9.24 Support ¢￿tI FAnan¢e Bathk Charges 156 41,408 217 41.240 6.684 tnwest pa￿ble io memlxr5 48.230 48,141 Govern*nte e••t• Accountan¢y f¢cs 790 773 Total resourcu expended 115.898 112,159 38,721 69.206 This page does not fo￿ part $th￿10ry financial staiements Page 16 Il%￿01& & Co. REGisfERED CONIPAf4Y blThlBER: IP031081 (England and Il'4leg) REGISTERED CHARITY YUMBER: 11150201 Report of the Tra￿ee4 Un•udit¢d FinwKiAI Stat¢uMts for the Yur Ended 30 Sepiember 202S ror 4CG 2•1• Ltd. Ashmole & Co M￿￿be51¢￿ Hous¢ Grosvenof Hill CardiBan Cercdigion SA43 IHY A5hmDle & CD 4CG Cvmr* 2010 Ltd. C•Mt¢knts of th¢ FiA•Tr¢i￿ S¢*tsJneDts for the Ye*r Ended 30 Septèmbèr 2025 Report of the Tru¥te Ind¢pend¢Dt El￿NIn¢T,1 Repwt St*temeDt of FfinaDehl Aetlvltl St•¢emeDI of FI￿•￿¢￿ Po￿1{0￿ Note• to tke FlnWKI￿ St•temeAts 9 to 14 I￿¢￿ Stltememt of Fln•ntlAI Aellvttks 15 to 16 A5hmole & Co. 4CG CymTh 2010 Ltd. Report oftht Trnsttea f•r the Yw Ended 31) Stptenther 2025 The tru5tecs wkn are akn dir¢cknrs of the charity for the of the Compam"&s Act 21M)6, present their report with the financial statements of the cl]an"ty for the ￿ endol 30 September 2022. The trusrets bAve adopteAI the provisionq of Accounting and Reportitig by Clwities: SthLetnenL of R£Coll￿ed Practsct applicable to charitie5 pryaiing th¢ir accoullts in accordance with the Financial RwrtÈng StsThJard applithle in the UK aTHI Rwublic of Ireland (FRS 102) (¢￿￿1ve l January 2015). O&IECfIVES AND AcTI￿s Objeedves Yllld alms Our chariws purposes set out in the co)mpan￿$ ￿￿£S are w.. _ cgrry Any bu8itie%s for th¢ benefit of the community aThJ to advance community development through the re8C[￿lI(￿n of Cardigan and the $UfTounding are& To pffserve and pronw)te the hisiory aod culiurr of Cardi8aD tOWD a￿5 s￿rOunding gr¢& SignifJe*Dt *etiviti The focus of the societys work is the regeJ*rAtion of ￿ Pwllhai and Prtory Strttt area of Cardigan to￿1. Since ¢$thblishitig th¢ society in 2010 th¢re h&$ been consi¢knble on dev¢1WL￿ the reduthi Pwllhai glte to provide W0￿shop units, T¢thil shop$, office uniLx C0￿munity Id housin8 initiatives. ass¢t Transfer of public 8￿tOr &$8ets. affoiilable rar parking and • consideTrbl¢ number of iown centre develcpment projeets. 4CG Cynru 2010 Ltd ha5 ensured thai ther¢ is full ¢oo]munity support (or its aetivities by enabling many hundreds of residents ￿ become Jnembers by investing it) share4 otTered by thE ￿]ety. Con]munity coosulrauons have been beld io discuss rnew iniliatives and memixrs play an irnportant part ￿ volunte¢Ts and projeci Wpkrn. 1.he social iti)paet of the eonied oui by4CG Cyrnru 2010 Ltd been assessed by exrnl acade4nic artd eornmuftity devclopnKnt agenole￿. bmc beneflt The I'ruytces have ￿VieWed the Chariiys impw on the peopl¢ ofcardigaTr and thc residents of the sunoundin¥ area and havin8 regard to th¢ Charity Commwion guidwnce on public ￿ller1￿ believe that makntaining atyj developing ¢ommunity awL8 And prom￿Ing Tegencrauon and promoting the hIS￿ry and ¢ulture of the ¢owll and SUIT¢￿Iding area is to tbe public bcncfit. Page I Ashmde & Co. 4CG C)'mrn 2010 LI Report ofthe Trnsttts r th¢ Year Ended 30 September 2•25 ACHIEVEMENTS AND PERFORMANCE Ckarltable acdvltles To meet its charitable objective& the s(￿1Cty nec(Ls to continue with its current increaseAI level of SUTplus. Since establishing the 8o¢iety in 2010 there have been COTLsidmble milestones of achievements and actiiryties. 'll￿ drawing together of community shareknlders in the sUmTh￿ of 2010 10 rdise over £230.IJ)O in local investment for purchasing t] Pwllhai sile WLS a latthwk for wial re8enetation &hievenJents in the to￿ of Cardigart attd the sutrounditig are Th¢ swift ¢1¢8n.up and c1¢8[a￿e orth¢ old Pwllh8i sil¢ Illow￿ th¢ society to offer ch¢4p parkJnE spaces for people to continue Swoning the high street shops in CaTdigaTL A further ¢onunuDity share offer in 2013 allowvj the gxi¢ty to ￿rchaSe the Old Police Ststion and Court Houge in Cardigan. Durin8 this iijne there an excl1u￿ development of a local ￿lUCt market withtn the old siores at Pwllhai siie. In November 2013 the ￿￿iety aM•rded the Aiive Aw8rd for W81th and wertt on to cliTKh the UK In De¢ember 2013 a rtw P¢cT ty P¢¢T IIKal leTMling iniliative w&8 1¥u￿h¢d which all0￿d I￿31 pwpl¢ to l¢nd to 4CG CYM￿ 2010 Lid for Anvestin8 in local assets and bulldings. The Broo￿ Ilouse buildillg was boughi and allowed 5 c0mnll￿ty led housin8 Aats to be renovaied for Idiiti8 ￿ l¢xal families athl Individuals. In 2014 a Ceredigion s￿la1 Emerprise GTant awar&d io develop an clectric car recharge kx)int with a new instal]atlQD of solar panels on ihe r￿rS at tiK Pwllhai site. This EV potnt 1$ the main lO￿lI0n of the ¢ommwry transkx)rt vehi¢le, this vehicle is charged usitig the PV p•neb a￿1 is us¢d io tske low iticfjme and wlmble lo¢al people to thcir doctor and hospitsl appointmen 4CG Cyinru 2010 Ltd also T¢￿h¢d the final 5ts8e of the CIK)perativ¢ Swi?1 EnterpTise ATrAwd5 during 2014. The sprin8 of 2015 saw collaborai*)n work with the Ilxal CeffedigioD bLAG fLsherie8 irjitiative ond 8 Brant aM•rd of £27.000 LlinLhed to develop a feasibiliiy SI￿lY b￿sIne&S plan for a new k)cal fish marke¢ artd %tore. In COTijun¢¢ion with the fe&4ibTlity study, a IIKal proees4ing unli Iw N)w been op¢n¢d at the local Tndw%trial p￿. 4C(y has cc¥stul bid to the Grow Wild Kew Gar&As succ¢s5fv1 in 2016 and many local flower a2NI vegetable illitiallves could be seen ArouTxJ CArdi8an. The projeei known as Bloo￿lti8 Cgrdi8an WL$ SUPPOrt¢d by many dcdicat voluntecTS and provcd 8 BTe•t 4uccess. During 2017 a Rural C(4nmunity DryeIopn￿nt Fund aFvllca￿)n wa5 thmitt¢d ￿ W¢lstrL Govenmi for reK>v8un8 th¢ 8round floor of the Old Poli¥e Station into a ¢(wDmuAity bunk hotsse proiLYt. The bid WBS successJJl in LlinLhirtg the 8rant fundin¥ and work commenced in 201R on develcfling thc initiaiive. The bunk ho￿ 15 opcn and bookin8S onlirtue to come in. In 2018 the s￿iety was iDStrumentsl in ￿PPortIn8 the high streel ID Cardi8an to bid for the Greai Britisb 14i8b Street award for Wa1¢5 aThJ achi¢v¢d # ye81318tsL8 of being on¢ of the finali8L% and ha&'inbv a high]y commended wpli¢ation. 4CG 2010 Lid continually sUNJOrt¢d slart.up twsirKv&¥, offering properry to young and older entrepreneurs at an affordable Tents] and tlexlble ttn&ncy agreemeni. The society offers quality, spacious community led residential property to Ic￿1 indiiryduals And fwDiiies ai affordable ffe￿. During 2019 additional renO￿tIOn work was complded on the Pwllhai site with considerdble in4>rovements to the old stone slowe are&s and o new openin8 on sit¢. The El Satsa street fth)d busijxss took on a f(KJd retyil unit at the siie. El Sa]sa bas now sublei the Froperty io 'il(Ks ￿terers, with view of rellTh￿8 in a ¢ouple of years. l nun￿ of visitors io the site during the SUD)ll￿ was greatly irKMsed, due to ￿ reasonoble car parkuig charges and the ability to 'top up. your pa)mcllt ort rtturn io the C￿ park. Lkn to & fi￿ in the 4CG kitchcn in JaThuary 2023. it w dccidcd to rdurn the arca to offi¢e sp￿￿confU￿r￿C roonL 4CG Cymrn 2010 coniillues to offer affoydable rentsl spfice to Gerallt Davies on the ￿OU￿j tloor of Ty Hal￿ with the first floor bein8 ￿￿ed a graphic (kni8n St￿10. Eco Sh(y continues lo benefit frorn 4CG's affoTdabl¢ rental space. Th¢ Eco Shop also h*8 a fore￿ Bard¢n proirysion off site wl]ere tky s>Jw*e kKal children in environment81 xtivities and studie5. 4CG CytDru 2010 Ltd is activc in supporting the ToThm Centre Parttierthp aclivities and has helped with ¢stsbli8hing and expanding the annual Lantern Parade and Carnlval that has" dra*yJ a considerable number of fvisitors to Cardwa The reputation of 4CG Cvmnj 2010 has been o¢knowledged ¥¢r(tss Wales with thaoy Con￿)unItie& Vilitirtg the projects de%'eloped by the society. Tk b08sd members haN'e also tslked at public meeti￿5 to help nEW cwperative5 to be formed 2n Wesi Wales 5u¢h ￿ th¢ Tafarn si￿ Pub ill R(Ybush a￿￿ The Ivhite Hart Comm Dog￿￿¢15. Th¢ director5 ar¢ regular speak¢r5 at Illale5 CooperdtiTrr events and at the tkn Lectures. Page 2 Astr￿1e &Co. 4CG Cynwll 2DIO IAd. Report of the Truslees for the Year EDded 30 Septejmber 202S 4CG have suM)orted the Cardi Shed pr¢)jxt $irKe Ma¥¢h 2021. Tr TeDtal of the old D)lice station garAge h&8 allowed them to open their fir8t wpport Slyd in the Cardigan area The Cardi Shed has ts)w tu)ved to a pernwent horne. still within Carth'gan Town. The old police stauon offLce5 arc r£Dtcd by a gentleman works for the United NauoJ)s. anoth¢T office i$ rent¢d by Planted Clegg, a counseuing ro(MN aNI the foutth by Lisa Chantslin. L￿41 PeLwl¢ bringing money into the local cconomy. 4CG has d80 been working with Ploned in Nathrth io Cond￿ a IKxLSill8 need SLry. Tbis sjrvey been ttwstty Cond￿ted ar(rtUMI the Penpayc area. The ieswlts have e5tsblislJed a dire hou5in8 need, wially for young pcopl¢ wotking in the I0￿]￿ty. A CLT has N)w be¢n estsblisbed for Pen P*re. with three of 4CG directrKs on Penparc CLT I￿. 4CG is now part of Mentrus. Mentrus *rnss Pembrok¢shiTe, and Ceredlgio￿ Tkir objedive is io develop and %upport COTnmunity ¢nlerprise, partiuJ]arly Welsh laD8uage communities. In March 2025, 4CG faeilitaied the purchw of TabernKI ch￿￿1 in Cordigao OY¢r £230.IKKI was Taised in fouT weeks via a cotnTnurrity sbare offer. 4CG is ￿111 2wppomn8 H￿b Aberteifi in th¢ dev¢JopmeDi of thc Tabcrnacl site. The occup41ion ai Y Clirt¢ is i￿reAs￿8 whith T¢Sults in ex￿& It￿Me for thc swiety. 2025 h&s also seen an increase in &¢iiviry athl incorne from the car park5. Tlv¢ conlinues to be a healthy occupancy of the office, retsil and housin8 propertie The clinching of the Welsh Governmeni EU [￿dIn¥ as Rurnl Communiry D¢velopment funds has allowed tbe ociety to complete the work on the old Policc 5tAtion Bunk HO￿ proj￿1 knwn as Hostel Iledd. li i& an intcrcsling coDcepi of offerÉn¥ &tTordabl¢ a¢¢0Mm￿tion to visitors aiml uts"lisillE the old Viciorian pTrlic¢ L¢ll8 bunk hoLL proii¥iun. There are family rooms and specially desiBoed disabled frlendly accomnKJdation. The dela)% encountered under the COVID lock dowtt period saw the rtew bunk open 2023. Ty Iledd Hosiel wa8 worknng with a local holiday lettin8 compatty called Ty Anni¢, but have now decided thai 4CG Mill t))8nage the holiday lel moving f0Th￿. 1.he new Mrbsite waq launched with online b￿kn$ facilities azbj litiks w the main corllpany ￿￿b$ite. clinc.Wal￿. F.mail'. clinc.c￿L￿$ma1l.cOM NANCIAL REv￿w Fininclal posltlon The leirls of ¢oo]muniiy shares in the bu5inL4s ¢onrinuu ￿ be maintsined al a level of £222.21KI which cqu8le4 to I I I I shares of £200 each. During th¢ plst yeoTS we have been able to offer s11￿ebo1derS 9 3% intere41 T¢turn on their investtt*ni irt supporting this local w¢iety I chariry. The direciors l th￿cC5 wish to se¢ local people receive a on their inve8tm¢ni to a¢knowled8e the local suprx)rt. This also allows th¢ ￿l¢lY lo keep fimds ¢ir￿laun8 in the lo¢al ecmomy to enBble a circular economy nKKlcl io be reinforced in Cardi8an and its nej8hbourl￿Od. Similarly, the Pcer lo Peer local lending Schen￿ is providin8 knal leihkrs with 8 411/0 gro￿ Intertst IctL￿n for Icnding 4 minimum of £5,(X)O ￿ the so¢iety. The oliematifv'e woukl be ￿ newiate l(*JL% with national and internaliona] lenders Whe￿ the interest paid would leave the lo¢al e¢(Kmy. Tl*re ate many indcpcndcnt rEsearch pTr)Je￿ that have sboH th4t foT every £1 retsined within the local economy this can g¢n¢rale a further £7 in economic benefit for local businesse5 and employtt*. 4CG CyinTU 2010 Ltd sttk5 to relain ￿ much wralth within the c()mmutiities of Cardigan and its Aeightx)urhood. Reserves pollcy The trust has a hi8h level of re%ticted reSeTv￿ thar refie¢t the he41y investsnent iti huitage ass¢ts in receDI )raTh The irustees consider unrestricted reserves to be ai a Saiisfactory lehtl in relation to annual costs. Financial VL8thinability ￿11 ￿nHill a prltw r￿Ls of the ￿lety a￿1 ewing the unTcskncted re5crves are further increased to allow the repayThent of the ￿n￿n￿nity Peer to Peer loans. T1￿ l(vl (On]￿u￿[ty loa￿$ have prowl p)pular offering 4Y• gross 10 Iwal people who have $upwrt￿ ￿ aillLS of alld th¢ expao5ion of the society. All of the lettittg units are now occupied and Y Clinr at H05tel Hedd b&s enjoy￿ its fusi fell. OK￿1￿Ls of tradins. To¥ethLY local ho￿Sing actiTrrytie¥ and wtt]menc¢ paying bxk Tegular leveLs of capitsl ott PeeT to Pe¢r k)ans. Puge 3 AshtnL4e & Co. 4CG Cymrn 2010 L Report of the Trusttts lor the Yt*r E￿ded 31J September 2025 FirruRE PLANS Thc society is fovjsing on the need tt) rcsurface p￿iD8 aTeas in Pwllbai, a EOI hls been submitted for the Tratsfonning Grani for the r￿urfacIng of the car ￿￿. The Chancery tatte Ca￿￿rk continues to be maintained by Bobby Sumonds and his team. The pay and display sigTLS a ckmera s￿tern thai have been instsllcd enrouw¢ people io pay the N'ery reasonable parking cbkrgts ￿ etssure the w(*k don¢ swiftly on the parking areas. The affordable pattin8 ¢bar8e$ keep the 4CG car pa￿$ fijll of and service ￿5¢[5. supporting the high STRUCTURE, GOVERNAI%CE AND.WAGEMENT GoYernlD8 doeumeDt The chariiy is controlled by its govuning docum￿ a deoa of tr￿$￿ and ¢otL4titut¢y a limi*d company. limited by 8U8rdnte¢. d¢fi￿1 by the Companies Aci 2LK)6. REFERENCE AND ADMINISTIL4TIVE DETAIIS Re8i$tered Company number IP031081 IED8land and WBles) Re8lstered Ch*rlty I￿rnber 1050201 Regia(ered ofll¢¢ Pwllhai ABE,RTE.IFI Ceredi8ion SA43 IDB Trnitees J C Davies C W Tomos R D Williams R M Joney Mr8 S E Willianlry DJRee5 Mr3 J D Linfoot Mrs R Wclch (appointed 2.6.25) C Phillip¥ (appointed 2.6.2J) Company Setre¢Ary J C Davie Independellt Examiner %hmole & Co Matt¢h¢ster House tir06V￿￿T Hill Cardi8an Ceredigiixl SA43 1 HY Approved by crfd¢r of tbe board of trus￿¢8 on 18 March 2026 and sig*1 on its bthajf by. Mrs S E Willi2m&- TnL%t Pa¥e 4 Ashr[￿18& Co. Ind¢p¢tsdtMI Ex*mthr'$ Rwt to the Tnutees of 4CG Ciinru 2010 Ltd. IndepeJHlent exaJDlner'J report to the trustees of 4CG cymr￿ 2019 Ltd {'the Compa•y I repofi to the charity trustees ott my ¢x¥rnj￿tson of ts accounts of the Company for the year etrJe41 30 September 2025. Rrtpoll￿bilttkn and b￿ts of report As th¢ charl￿$ trw%tees of the Company land also its direcloys for the of comp&tty lllw) y¢Ju are respowiblc for the preparation of the accounts in accordanct with th¢ req￿IreMeftts of the comp￿leS Act 2006 {'the 2006 Act,). HaNyng 8Ltisfied myself that accounts of thc coM￿Y aTe not requirEd to bc Judityj Part 16 of the 21X￿ Act and are eligible for independcnt examinalion. l TqX>rt of my exami￿tIon of your ci)aritYs accounts &8 carried oul under Section 145 of the ClJan"ties Act 201 I Cthe 2011 Acl'l. In caryiD8 Out my examination I h&ve follovthl the Direction5 givell by the Chan'ty Cott)miSsion Ujmler Sectioll 145151 (b) of the 2011 ACL Independent examiAer'i itstement I hav¢ wmpleted my examinayoTr I confinn thai w D)allers have c(rt kn my at*ntion in connection with the exonJIt￿￿ott 8TViti8 tnc cause lo believe: ounting TecoTds Thrre not kept in respea of the Cotwy •s r¢quir¢d by Se¢uoD 386 of thc 2W6 Act. or the accounts th not accord with those re¢ords; or the accoun1$ do I￿t comply with the a¢couniits8 TequIfaT￿rt8 of Sethion 396 of the 2006 A¢t other thatt any requiremeni that the accounts give a In￿ and fair Yiew TwhKh is matter ¢on5ideMJ 85 part of AO independent examination: or accounts h4ve ￿1 been prepared ID the tnethods aThl prithcipk* of th¢ StatcnKnl of R¢wmmend￿l Practice for accouniin8 reporting by chariiies {applicabl¢ to ¢lwTitic5 pr¢paring their accoun in accordartce with Fin￿11] Reporti￿ S¢wthTd ¥ppli¢•ble in the UK and Republic ollrejatsj {FRS 102)). I hov¢ no ¢on¢¢n]s and have come across no other matters in Colu￿110n with tl* exaMi￿110n lo which #ttcntion should be dramm in this report in order ￿ eI￿lIe a proper uThlctstandxDg of the xwunts ts be reached. K R Wilcox FCCA A¥hmol¢ & Co manChes￿r House Grosvenor Hill Cardigan Ceredigion SA43 IIIY Date.. Page 5 Ashm(Ae & ¢0. 4CG 2010 L Statement of F1#Atte1￿ Artiwlies for the Year EDded 30 September 2025 30.9.25 30.9.24 Total fimds Untrstricted Not&8 INCOME AND EI¥DOWMENT5 FROM DoDations a￿d legacies 66,784 98,908 Char(¢•ble aetiTh4tles Charithble Aciiirytics 85.24 78.178 Invests)Knl iacome Other income 737 1,850 4,276 TotAI 134,619 181,365 EXPF.NDTTURE ON Charltible &¢tlvltlei Charitable Actiyities 115.898 112.159 NET INCOME 38.721 69.206 RECO.YCILIA'fioN OF FUNDS I'otal fi￿￿¥ broughi fmwd 402.909 333.703 TOTAL FUNDS CARRIED FORWARD 441.630 402,9)9 Page 6 &¢0. 4CG Cynwu 2010 Ltd. Statement of Finantial P051¢loD 311 September 2025 30.9.25 u￿r￿triCted 30.9.24 Total fimds Note5 FIXED ASSETS Tangible assets 1.368260 .376.104 CURRENT ASSETS Trbtors Cash al bank and in haNJ 14,768 140,830 3.525 44.451 155.598 47,976 CRkDITORS Amounts fallin8 due Wlthiti one (137.147) 132.754) NET CURRENT AssKrs 18.451 15,222 TOTAL ASSM LE&$ CURRF.liT LIABII.ITIES lJ86.711 1,391.326 CRLDITORS Amounts follin8 due after more thon ooe 10 1722.881) 1765.617) SHARE CAP￿AL 12 1222,21)0) {222.8001 NET ASSETS 441,630 402,909 FUNDS Unrutricted fvnds 13 441,630 402,909 TOTAL FUNDS 441.630 402,909 The charitable compttny As entitled ￿ exemp¢)0￿ from audii under Sedion 477 of the Componies Act 2W for year ended 30 September 2025. Th¢ members have not required the company to ditaiD an audit of its finan¢ial stytem¢nts for the year ended 30 Sep*mber 2025 in ￿e0rd￿￿e pjith Scctmm 47fi ofthe C(ryries Act 2(m￿. The tnL8tt¢g acknowledge their rewnsibillties for (a) enwrin8'thAi th¢ ¢barit8bk ¢ompany keeps *couniin8 tbot c(nnply with Sec¢ions 386 and 387 of the Con￿)?￿]eS Act 2¢￿6 and preparing financial ststeTnent5 whi¢h gi1% a tru¢ aud faiT view of the of aLTair5 of the charithbk company as at the end of cach financial year Jnd of its Surplus or deficit lor each financial year in a¢cordan¢e ￿7th the require￿nts of Sxiions 394 and 395 aJMI ￿*ch othmyise comply with the requirements of the Companies Act 2006 relating to fuwi¢ial staiemenis, so far &$ applicable io thE ¢haTitJbl¢ company. (b) The llo￿ fonn pan of fi￿￿la] statements Page 7 AshTtK4e & Co. co REGisfERED CONIPAf4Y blThlBER: IP031081 (England and Il'4leg) REGISTERED CHARITY YUMBER: 11150201 Report of the Tra￿ee4 Un•udit¢d FinwKiAI Stat¢uMts for the Yur Ended 30 Sepiember 202S ror 4CG 2•1• Ltd. Ashmole & Co M￿￿be51¢￿ Hous¢ Grosvenof Hill CardiBan Cercdigion SA43 IHY A5hmDle & CD 4CG Cvmr* 2010 Ltd. C•Mt¢knts of th¢ FiA•Tr¢i￿ S¢*tsJneDts for the Ye*r Ended 30 Septèmbèr 2025 Report of the Tru¥te Ind¢pend¢Dt El￿NIn¢T,1 Repwt St*temeDt of FfinaDehl Aetlvltl St•¢emeDI of FI￿•￿¢￿ Po￿1{0￿ Note• to tke FlnWKI￿ St•temeAts 9 to 14 I￿¢￿ Stltememt of Fln•ntlAI Aellvttks 15 to 16 A5hmole & Co. 4CG CymTh 2010 Ltd. Report oftht Trnsttea f•r the Yw Ended 31) Stptenther 2025 The tru5tecs wkn are akn dir¢cknrs of the charity for the of the Compam"&s Act 21M)6, present their report with the financial statements of the cl]an"ty for the ￿ endol 30 September 2022. The trusrets bAve adopteAI the provisionq of Accounting and Reportitig by Clwities: SthLetnenL of R£Coll￿ed Practsct applicable to charitie5 pryaiing th¢ir accoullts in accordance with the Financial RwrtÈng StsThJard applithle in the UK aTHI Rwublic of Ireland (FRS 102) (¢￿￿1ve l January 2015). O&IECfIVES AND AcTI￿s Objeedves Yllld alms Our chariws purposes set out in the co)mpan￿$ ￿￿£S are w.. _ cgrry Any bu8itie%s for th¢ benefit of the community aThJ to advance community development through the re8C[￿lI(￿n of Cardigan and the $UfTounding are& To pffserve and pronw)te the hisiory aod culiurr of Cardi8aD tOWD a￿5 s￿rOunding gr¢& SignifJe*Dt *etiviti The focus of the societys work is the regeJ*rAtion of ￿ Pwllhai and Prtory Strttt area of Cardigan to￿1. Since ¢$thblishitig th¢ society in 2010 th¢re h&$ been consi¢knble on dev¢1WL￿ the reduthi Pwllhai glte to provide W0￿shop units, T¢thil shop$, office uniLx C0￿munity Id housin8 initiatives. ass¢t Transfer of public 8￿tOr &$8ets. affoiilable rar parking and • consideTrbl¢ number of iown centre develcpment projeets. 4CG Cynru 2010 Ltd ha5 ensured thai ther¢ is full ¢oo]munity support (or its aetivities by enabling many hundreds of residents ￿ become Jnembers by investing it) share4 otTered by thE ￿]ety. Con]munity coosulrauons have been beld io discuss rnew iniliatives and memixrs play an irnportant part ￿ volunte¢Ts and projeci Wpkrn. 1.he social iti)paet of the eonied oui by4CG Cyrnru 2010 Ltd been assessed by exrnl acade4nic artd eornmuftity devclopnKnt agenole￿. bmc beneflt The I'ruytces have ￿VieWed the Chariiys impw on the peopl¢ ofcardigaTr and thc residents of the sunoundin¥ area and havin8 regard to th¢ Charity Commwion guidwnce on public ￿ller1￿ believe that makntaining atyj developing ¢ommunity awL8 And prom￿Ing Tegencrauon and promoting the hIS￿ry and ¢ulture of the ¢owll and SUIT¢￿Iding area is to tbe public bcncfit. Page I Ashmde & Co. 4CG C)'mrn 2010 LI Report ofthe Trnsttts r th¢ Year Ended 30 September 2•25 ACHIEVEMENTS AND PERFORMANCE Ckarltable acdvltles To meet its charitable objective& the s(￿1Cty nec(Ls to continue with its current increaseAI level of SUTplus. Since establishing the 8o¢iety in 2010 there have been COTLsidmble milestones of achievements and actiiryties. 'll￿ drawing together of community shareknlders in the sUmTh￿ of 2010 10 rdise over £230.IJ)O in local investment for purchasing t] Pwllhai sile WLS a latthwk for wial re8enetation &hievenJents in the to￿ of Cardigart attd the sutrounditig are Th¢ swift ¢1¢8n.up and c1¢8[a￿e orth¢ old Pwllh8i sil¢ Illow￿ th¢ society to offer ch¢4p parkJnE spaces for people to continue Swoning the high street shops in CaTdigaTL A further ¢onunuDity share offer in 2013 allowvj the gxi¢ty to ￿rchaSe the Old Police Ststion and Court Houge in Cardigan. Durin8 this iijne there an excl1u￿ development of a local ￿lUCt market withtn the old siores at Pwllhai siie. In November 2013 the ￿￿iety aM•rded the Aiive Aw8rd for W81th and wertt on to cliTKh the UK In De¢ember 2013 a rtw P¢cT ty P¢¢T IIKal leTMling iniliative w&8 1¥u￿h¢d which all0￿d I￿31 pwpl¢ to l¢nd to 4CG CYM￿ 2010 Lid for Anvestin8 in local assets and bulldings. The Broo￿ Ilouse buildillg was boughi and allowed 5 c0mnll￿ty led housin8 Aats to be renovaied for Idiiti8 ￿ l¢xal families athl Individuals. In 2014 a Ceredigion s￿la1 Emerprise GTant awar&d io develop an clectric car recharge kx)int with a new instal]atlQD of solar panels on ihe r￿rS at tiK Pwllhai site. This EV potnt 1$ the main lO￿lI0n of the ¢ommwry transkx)rt vehi¢le, this vehicle is charged usitig the PV p•neb a￿1 is us¢d io tske low iticfjme and wlmble lo¢al people to thcir doctor and hospitsl appointmen 4CG Cyinru 2010 Ltd also T¢￿h¢d the final 5ts8e of the CIK)perativ¢ Swi?1 EnterpTise ATrAwd5 during 2014. The sprin8 of 2015 saw collaborai*)n work with the Ilxal CeffedigioD bLAG fLsherie8 irjitiative ond 8 Brant aM•rd of £27.000 LlinLhed to develop a feasibiliiy SI￿lY b￿sIne&S plan for a new k)cal fish marke¢ artd %tore. In COTijun¢¢ion with the fe&4ibTlity study, a IIKal proees4ing unli Iw N)w been op¢n¢d at the local Tndw%trial p￿. 4C(y has cc¥stul bid to the Grow Wild Kew Gar&As succ¢s5fv1 in 2016 and many local flower a2NI vegetable illitiallves could be seen ArouTxJ CArdi8an. The projeei known as Bloo￿lti8 Cgrdi8an WL$ SUPPOrt¢d by many dcdicat voluntecTS and provcd 8 BTe•t 4uccess. During 2017 a Rural C(4nmunity DryeIopn￿nt Fund aFvllca￿)n wa5 thmitt¢d ￿ W¢lstrL Govenmi for reK>v8un8 th¢ 8round floor of the Old Poli¥e Station into a ¢(wDmuAity bunk hotsse proiLYt. The bid WBS successJJl in LlinLhirtg the 8rant fundin¥ and work commenced in 201R on develcfling thc initiaiive. The bunk ho￿ 15 opcn and bookin8S onlirtue to come in. In 2018 the s￿iety was iDStrumentsl in ￿PPortIn8 the high streel ID Cardi8an to bid for the Greai Britisb 14i8b Street award for Wa1¢5 aThJ achi¢v¢d # ye81318tsL8 of being on¢ of the finali8L% and ha&'inbv a high]y commended wpli¢ation. 4CG 2010 Lid continually sUNJOrt¢d slart.up twsirKv&¥, offering properry to young and older entrepreneurs at an affordable Tents] and tlexlble ttn&ncy agreemeni. The society offers quality, spacious community led residential property to Ic￿1 indiiryduals And fwDiiies ai affordable ffe￿. During 2019 additional renO￿tIOn work was complded on the Pwllhai site with considerdble in4>rovements to the old stone slowe are&s and o new openin8 on sit¢. The El Satsa street fth)d busijxss took on a f(KJd retyil unit at the siie. El Sa]sa bas now sublei the Froperty io 'il(Ks ￿terers, with view of rellTh￿8 in a ¢ouple of years. l nun￿ of visitors io the site during the SUD)ll￿ was greatly irKMsed, due to ￿ reasonoble car parkuig charges and the ability to 'top up. your pa)mcllt ort rtturn io the C￿ park. Lkn to & fi￿ in the 4CG kitchcn in JaThuary 2023. it w dccidcd to rdurn the arca to offi¢e sp￿￿confU￿r￿C roonL 4CG Cymrn 2010 coniillues to offer affoydable rentsl spfice to Gerallt Davies on the ￿OU￿j tloor of Ty Hal￿ with the first floor bein8 ￿￿ed a graphic (kni8n St￿10. Eco Sh(y continues lo benefit frorn 4CG's affoTdabl¢ rental space. Th¢ Eco Shop also h*8 a fore￿ Bard¢n proirysion off site wl]ere tky s>Jw*e kKal children in environment81 xtivities and studie5. 4CG CytDru 2010 Ltd is activc in supporting the ToThm Centre Parttierthp aclivities and has helped with ¢stsbli8hing and expanding the annual Lantern Parade and Carnlval that has" dra*yJ a considerable number of fvisitors to Cardwa The reputation of 4CG Cvmnj 2010 has been o¢knowledged ¥¢r(tss Wales with thaoy Con￿)unItie& Vilitirtg the projects de%'eloped by the society. Tk b08sd members haN'e also tslked at public meeti￿5 to help nEW cwperative5 to be formed 2n Wesi Wales 5u¢h ￿ th¢ Tafarn si￿ Pub ill R(Ybush a￿￿ The Ivhite Hart Comm Dog￿￿¢15. Th¢ director5 ar¢ regular speak¢r5 at Illale5 CooperdtiTrr events and at the tkn Lectures. Page 2 Astr￿1e &Co. 4CG Cynwll 2DIO IAd. Report of the Truslees for the Year EDded 30 Septejmber 202S 4CG have suM)orted the Cardi Shed pr¢)jxt $irKe Ma¥¢h 2021. Tr TeDtal of the old D)lice station garAge h&8 allowed them to open their fir8t wpport Slyd in the Cardigan area The Cardi Shed has ts)w tu)ved to a pernwent horne. still within Carth'gan Town. The old police stauon offLce5 arc r£Dtcd by a gentleman works for the United NauoJ)s. anoth¢T office i$ rent¢d by Planted Clegg, a counseuing ro(MN aNI the foutth by Lisa Chantslin. L￿41 PeLwl¢ bringing money into the local cconomy. 4CG has d80 been working with Ploned in Nathrth io Cond￿ a IKxLSill8 need SLry. Tbis sjrvey been ttwstty Cond￿ted ar(rtUMI the Penpayc area. The ieswlts have e5tsblislJed a dire hou5in8 need, wially for young pcopl¢ wotking in the I0￿]￿ty. A CLT has N)w be¢n estsblisbed for Pen P*re. with three of 4CG directrKs on Penparc CLT I￿. 4CG is now part of Mentrus. Mentrus *rnss Pembrok¢shiTe, and Ceredlgio￿ Tkir objedive is io develop and %upport COTnmunity ¢nlerprise, partiuJ]arly Welsh laD8uage communities. In March 2025, 4CG faeilitaied the purchw of TabernKI ch￿￿1 in Cordigao OY¢r £230.IKKI was Taised in fouT weeks via a cotnTnurrity sbare offer. 4CG is ￿111 2wppomn8 H￿b Aberteifi in th¢ dev¢JopmeDi of thc Tabcrnacl site. The occup41ion ai Y Clirt¢ is i￿reAs￿8 whith T¢Sults in ex￿& It￿Me for thc swiety. 2025 h&s also seen an increase in &¢iiviry athl incorne from the car park5. Tlv¢ conlinues to be a healthy occupancy of the office, retsil and housin8 propertie The clinching of the Welsh Governmeni EU [￿dIn¥ as Rurnl Communiry D¢velopment funds has allowed tbe ociety to complete the work on the old Policc 5tAtion Bunk HO￿ proj￿1 knwn as Hostel Iledd. li i& an intcrcsling coDcepi of offerÉn¥ &tTordabl¢ a¢¢0Mm￿tion to visitors aiml uts"lisillE the old Viciorian pTrlic¢ L¢ll8 bunk hoLL proii¥iun. There are family rooms and specially desiBoed disabled frlendly accomnKJdation. The dela)% encountered under the COVID lock dowtt period saw the rtew bunk open 2023. Ty Iledd Hosiel wa8 worknng with a local holiday lettin8 compatty called Ty Anni¢, but have now decided thai 4CG Mill t))8nage the holiday lel moving f0Th￿. 1.he new Mrbsite waq launched with online b￿kn$ facilities azbj litiks w the main corllpany ￿￿b$ite. clinc.Wal￿. F.mail'. clinc.c￿L￿$ma1l.cOM NANCIAL REv￿w Fininclal posltlon The leirls of ¢oo]muniiy shares in the bu5inL4s ¢onrinuu ￿ be maintsined al a level of £222.21KI which cqu8le4 to I I I I shares of £200 each. During th¢ plst yeoTS we have been able to offer s11￿ebo1derS 9 3% intere41 T¢turn on their investtt*ni irt supporting this local w¢iety I chariry. The direciors l th￿cC5 wish to se¢ local people receive a on their inve8tm¢ni to a¢knowled8e the local suprx)rt. This also allows th¢ ￿l¢lY lo keep fimds ¢ir￿laun8 in the lo¢al ecmomy to enBble a circular economy nKKlcl io be reinforced in Cardi8an and its nej8hbourl￿Od. Similarly, the Pcer lo Peer local lending Schen￿ is providin8 knal leihkrs with 8 411/0 gro￿ Intertst IctL￿n for Icnding 4 minimum of £5,(X)O ￿ the so¢iety. The oliematifv'e woukl be ￿ newiate l(*JL% with national and internaliona] lenders Whe￿ the interest paid would leave the lo¢al e¢(Kmy. Tl*re ate many indcpcndcnt rEsearch pTr)Je￿ that have sboH th4t foT every £1 retsined within the local economy this can g¢n¢rale a further £7 in economic benefit for local businesse5 and employtt*. 4CG CyinTU 2010 Ltd sttk5 to relain ￿ much wralth within the c()mmutiities of Cardigan and its Aeightx)urhood. Reserves pollcy The trust has a hi8h level of re%ticted reSeTv￿ thar refie¢t the he41y investsnent iti huitage ass¢ts in receDI )raTh The irustees consider unrestricted reserves to be ai a Saiisfactory lehtl in relation to annual costs. Financial VL8thinability ￿11 ￿nHill a prltw r￿Ls of the ￿lety a￿1 ewing the unTcskncted re5crves are further increased to allow the repayThent of the ￿n￿n￿nity Peer to Peer loans. T1￿ l(vl (On]￿u￿[ty loa￿$ have prowl p)pular offering 4Y• gross 10 Iwal people who have $upwrt￿ ￿ aillLS of alld th¢ expao5ion of the society. All of the lettittg units are now occupied and Y Clinr at H05tel Hedd b&s enjoy￿ its fusi fell. OK￿1￿Ls of tradins. To¥ethLY local ho￿Sing actiTrrytie¥ and wtt]menc¢ paying bxk Tegular leveLs of capitsl ott PeeT to Pe¢r k)ans. Puge 3 AshtnL4e & Co. 4CG Cymrn 2010 L Report of the Trusttts lor the Yt*r E￿ded 31J September 2025 FirruRE PLANS Thc society is fovjsing on the need tt) rcsurface p￿iD8 aTeas in Pwllbai, a EOI hls been submitted for the Tratsfonning Grani for the r￿urfacIng of the car ￿￿. The Chancery tatte Ca￿￿rk continues to be maintained by Bobby Sumonds and his team. The pay and display sigTLS a ckmera s￿tern thai have been instsllcd enrouw¢ people io pay the N'ery reasonable parking cbkrgts ￿ etssure the w(*k don¢ swiftly on the parking areas. The affordable pattin8 ¢bar8e$ keep the 4CG car pa￿$ fijll of and service ￿5¢[5. supporting the high STRUCTURE, GOVERNAI%CE AND.WAGEMENT GoYernlD8 doeumeDt The chariiy is controlled by its govuning docum￿ a deoa of tr￿$￿ and ¢otL4titut¢y a limi*d company. limited by 8U8rdnte¢. d¢fi￿1 by the Companies Aci 2LK)6. REFERENCE AND ADMINISTIL4TIVE DETAIIS Re8i$tered Company number IP031081 IED8land and WBles) Re8lstered Ch*rlty I￿rnber 1050201 Regia(ered ofll¢¢ Pwllhai ABE,RTE.IFI Ceredi8ion SA43 IDB Trnitees J C Davies C W Tomos R D Williams R M Joney Mr8 S E Willianlry DJRee5 Mr3 J D Linfoot Mrs R Wclch (appointed 2.6.25) C Phillip¥ (appointed 2.6.2J) Company Setre¢Ary J C Davie Independellt Examiner %hmole & Co Matt¢h¢ster House tir06V￿￿T Hill Cardi8an Ceredigiixl SA43 1 HY Approved by crfd¢r of tbe board of trus￿¢8 on 18 March 2026 and sig*1 on its bthajf by. Mrs S E Willi2m&- TnL%t Pa¥e 4 Ashr[￿18& Co. Ind¢p¢tsdtMI Ex*mthr'$ Rwt to the Tnutees of 4CG Ciinru 2010 Ltd. IndepeJHlent exaJDlner'J report to the trustees of 4CG cymr￿ 2019 Ltd {'the Compa•y I repofi to the charity trustees ott my ¢x¥rnj￿tson of ts accounts of the Company for the year etrJe41 30 September 2025. Rrtpoll￿bilttkn and b￿ts of report As th¢ charl￿$ trw%tees of the Company land also its direcloys for the of comp&tty lllw) y¢Ju are respowiblc for the preparation of the accounts in accordanct with th¢ req￿IreMeftts of the comp￿leS Act 2006 {'the 2006 Act,). HaNyng 8Ltisfied myself that accounts of thc coM￿Y aTe not requirEd to bc Judityj Part 16 of the 21X￿ Act and are eligible for independcnt examinalion. l TqX>rt of my exami￿tIon of your ci)aritYs accounts &8 carried oul under Section 145 of the ClJan"ties Act 201 I Cthe 2011 Acl'l. In caryiD8 Out my examination I h&ve follovthl the Direction5 givell by the Chan'ty Cott)miSsion Ujmler Sectioll 145151 (b) of the 2011 ACL Independent examiAer'i itstement I hav¢ wmpleted my examinayoTr I confinn thai w D)allers have c(rt kn my at*ntion in connection with the exonJIt￿￿ott 8TViti8 tnc cause lo believe: ounting TecoTds Thrre not kept in respea of the Cotwy •s r¢quir¢d by Se¢uoD 386 of thc 2W6 Act. or the accounts th not accord with those re¢ords; or the accoun1$ do I￿t comply with the a¢couniits8 TequIfaT￿rt8 of Sethion 396 of the 2006 A¢t other thatt any requiremeni that the accounts give a In￿ and fair Yiew TwhKh is matter ¢on5ideMJ 85 part of AO independent examination: or accounts h4ve ￿1 been prepared ID the tnethods aThl prithcipk* of th¢ StatcnKnl of R¢wmmend￿l Practice for accouniin8 reporting by chariiies {applicabl¢ to ¢lwTitic5 pr¢paring their accoun in accordartce with Fin￿11] Reporti￿ S¢wthTd ¥ppli¢•ble in the UK and Republic ollrejatsj {FRS 102)). I hov¢ no ¢on¢¢n]s and have come across no other matters in Colu￿110n with tl* exaMi￿110n lo which #ttcntion should be dramm in this report in order ￿ eI￿lIe a proper uThlctstandxDg of the xwunts ts be reached. K R Wilcox FCCA A¥hmol¢ & Co manChes￿r House Grosvenor Hill Cardigan Ceredigion SA43 IIIY Date.. Page 5 Ashm(Ae & ¢0. 4CG 2010 L Statement of F1#Atte1￿ Artiwlies for the Year EDded 30 September 2025 30.9.25 30.9.24 Total fimds Untrstricted Not&8 INCOME AND EI¥DOWMENT5 FROM DoDations a￿d legacies 66,784 98,908 Char(¢•ble aetiTh4tles Charithble Aciiirytics 85.24 78.178 Invests)Knl iacome Other income 737 1,850 4,276 TotAI 134,619 181,365 EXPF.NDTTURE ON Charltible &¢tlvltlei Charitable Actiyities 115.898 112.159 NET INCOME 38.721 69.206 RECO.YCILIA'fioN OF FUNDS I'otal fi￿￿¥ broughi fmwd 402.909 333.703 TOTAL FUNDS CARRIED FORWARD 441.630 402,9)9 Page 6 &¢0. 4CG Cynwu 2010 Ltd. Statement of Finantial P051¢loD 311 September 2025 30.9.25 u￿r￿triCted 30.9.24 Total fimds Note5 FIXED ASSETS Tangible assets 1.368260 .376.104 CURRENT ASSETS Trbtors Cash al bank and in haNJ 14,768 140,830 3.525 44.451 155.598 47,976 CRkDITORS Amounts fallin8 due Wlthiti one (137.147) 132.754) NET CURRENT AssKrs 18.451 15,222 TOTAL ASSM LE&$ CURRF.liT LIABII.ITIES lJ86.711 1,391.326 CRLDITORS Amounts follin8 due after more thon ooe 10 1722.881) 1765.617) SHARE CAP￿AL 12 1222,21)0) {222.8001 NET ASSETS 441,630 402,909 FUNDS Unrutricted fvnds 13 441,630 402,909 TOTAL FUNDS 441.630 402,909 The charitable compttny As entitled ￿ exemp¢)0￿ from audii under Sedion 477 of the Componies Act 2W for year ended 30 September 2025. Th¢ members have not required the company to ditaiD an audit of its finan¢ial stytem¢nts for the year ended 30 Sep*mber 2025 in ￿e0rd￿￿e pjith Scctmm 47fi ofthe C(ryries Act 2(m￿. The tnL8tt¢g acknowledge their rewnsibillties for (a) enwrin8'thAi th¢ ¢barit8bk ¢ompany keeps *couniin8 tbot c(nnply with Sec¢ions 386 and 387 of the Con￿)?￿]eS Act 2¢￿6 and preparing financial ststeTnent5 whi¢h gi1% a tru¢ aud faiT view of the of aLTair5 of the charithbk company as at the end of cach financial year Jnd of its Surplus or deficit lor each financial year in a¢cordan¢e ￿7th the require￿nts of Sxiions 394 and 395 aJMI ￿*ch othmyise comply with the requirements of the Companies Act 2006 relating to fuwi¢ial staiemenis, so far &$ applicable io thE ¢haTitJbl¢ company. (b) The llo￿ fonn pan of fi￿￿la] statements Page 7 AshTtK4e & Co. co