REGISTERED COM?ANY f4UMBER: 03341148 IEng]alld and WAleg)
REGISTEREJ) CHAIUTY NUMBEIL. 1061839
Report of the Trustees and
Un•udlted Flnaucial StiteJDents
for the Year Ended 31 MAr¢h 2025
for
Cyngor ar Bop•th CeredlgloD Clttz¢n4
Advice Burea
A5hmolc and Co.
WilliBmston House
7 Go* Str￿¢
Haverfordwest
Pembrokeshire
SA61 IPX

Cyogor 8r Bopeth Ceredlglon Clliieni
Advlce
Contents of the Fln8ndg1 Statements
forthe Year Knded JI Mareh 2025
Ref¢ren¢¢ AndAdmlntstratlve Details
Report of the Trnste
2 to 11
Independent Examither'8 Rtport
12
stAtemeMt of FinAntiAI Attiyides
13
BAl*n¢e Sheet
14 to 15
Cfish Flow Statsment
16
Notu lo the C8Jh Flow Ststanent
17
Not￿ to thE FInAncl￿ Statements
18 to 29
Detxiled St#temeAt of FIn#neI￿ Act1￿¢1¢8
30 to 31

Cyngor arBopeth Ceredlglon Citizetts
Adv1¢¢ Bureau
R¢ferenc¢ and Admlnlstr#tfve Detall8
for (he Year Ended 31 Mareh 202S
TRUSTEES
P Hin8¢ (r¢siBned 9.8.24)
D M James
C Davies
S P Strattc
S cl￿dbOUrne (re$i8ned 24.4.24)
RHa￿lf0rd (appoill¢¢d 33.25)
COMPANY SECRETARY
REGisfERKD OFFICE
l Upp¢r (huuTrd Floore￿ddYl￿
Pontfa¢n Road
Lampeter
Ceredigion
SA48 7BN
REGISTERED COMPANY
NUMBER
03341148 (England and Wales)
REGISTERED c￿Ty
IYUMBKR
1001839
INDEPENX)ENT EXAMINER
Asbmole and Co.
Williamston Howe
7 Goat Stre¢t
Hav¢rfordwey¢
Pembrokeshire
SA6L IPX
BItNKERS
Th¢ Co.opeTaiive
PO Box 250
Sk¢ltnendal¢
WN8 6wr
Nationwide Building Society
Nationwide Huu
Pipers WAY
Swindo
SN38 INW
Pag¢ I

Cyngor ar Boptth CeredlgloD C&ttzett$
AdvEee Buré•
Report of the Tyustees
f•r the Ytir E￿ded 31 M8r<h 2025
Th¢ Trust¢e4 who also the Duectors for th¢ pu￿05¢ of th¢ cOmpaDi￿ A¢t 2006. p￿¥¢￿1 ¢h¢ir aDnual report with
the fi1hallcj￿ statements of the Charity for the year eoded 31st March 2025. The provisions of Aeeouttting attd
Reporting by Ch8r5ties.' Statement of Recomnlended Practi¢¢ (SORP) appli¢•ble to ¢hariti¢5 prep8ring their ac¢owits in
accordance with the cb#iities SORP ￿Ps 102) have been adopt￿ in preparing th¢ atta¢h¢d fin4tJcial slatements.
ORJECTIVES AfiD A￿1VITIEs
Objectfves and •(mi
Publi¢ beAefAt & Cbaritsble objeets
The chaThW$ objects, as set out irt the obj¢¢ts Lx7nt4iD¢d in the CvyDpally's MemorauduED of Association, are to promote
any charrtable pillpose for the beLefit of tho whol¢ ¢ommuMity of Wale3 ("the area of beDBfJt') th6 pthlic bellEfsL by thc
advoneMKIt of edwati0￿ theprotc¢tion pt¢s¢fvuiots of h¢&lth ottd the rolief of poverty. si¢kn¢8s a￿1 th'5tr¢88.
The charity's objects are defined as above. Our ain)s aT¢focus¢d on:
Providing the advicc peopk nc*d for tJLe problems they face
Improvitig thcpoiicles and pra￿l¢c$ that affect people's lives
Our service provides fr¢e. independenL confidential impartial &dvice to eY¢ryone on their iigbts aDd
rO￿onSIbIlitieS. We value diversity, pmnLOte equality and challcDEC disCrAmi￿tio￿l
Though the Are& of benefit refers to the whol¢ ¢on)mvnity of Wal¢4 the lo¢al offl¢¢ focuEe3 its activiti¢¥ on the county
of Ceredigion and sllrrounding areas. li also contributes to d¢liv¢ring regional arnd nationBI 5¢rvi¢es wh¢re the
benefici8ries include people Bnd cotnmllDities in Ceredigion.
PaB¢ 2

Cyogor IT Bopetb Ceredlglon Cltizens
Advtee Buream
Report ttf the Trll$tees
ror the Yeor Ended 31 M*reh 2025
EDsuriD£ our work deJlv¢rs our ths
We revi¢w our obje¢tive5 and artiviti¢s each year as p￿t of our Busines5 Planning ¢y¢le. Th¢ 4llnual review examines
ath]￿¢￿¢nts ADd outcomcs. and identifL¢5 ¥erYic¢ pressurcs iti ¢¢Tms of Client d¢nwJiL d¢mographic4 and wid
communffity need. Wr w¢ our Aill]S to focus aur developm¢nt prioritie8.
Foeu8 of our iYort(
Our main obje¢tive8 for th¢ y*ar hav¢ be¢n to raise our local profil¢, extending our wmmwjity reach through a mor
ctive presence at local tyw￿. proa¢tiVC social m¢di3 Me￿ging9 refreshed moTk¢ting aNI re8ular involvement o
p•rtnetship n¢(works of local ￿viCeS and polTCy m4k¢r5: This ￿eter visibility 4J)d pres¢nce ¢nsuras w¢ are more
readily kDown and aK¢ssible to thos¢ who need u$, Ind espKially those who need us the n20St cnsur¢ clients can a¢¢ess
the expertise they need to secure their rights- e&pe¢iglly vulnerable peopl¢ increases tht rallge ofchannel8 of advi¢e lo
better medw]n¢J&ble eli¢ni need3 particular]y in th¢ ￿ext orth¢ ongoing cost-of-livin8 preswe8.
Key Activities have included..
Rrt¢iving and wsponding b) cliuTrt ewuiri¢B throuth a range of ￿￿e18- pljooe. enllil, IVbatsApp> Fac¢book
m¢ss¢tw¢r, text and post
Qrowin8 our w¢¢k]y drop-in s¢8sioni at COtDmunity venu¢8 in AberyshsThrtb (St Paub Me¢hodis¢ Centr¢).
Cordigan (Kitsory St M8tys Old School Hall) and Lamp¢ter (F4ll￿s Church).
Contimiing i)w offe¥ of In-pe￿ll appoInt￿nts on & fortni￿)tlY all￿Or monthly bL%l8 ill Borth Comnjwiity
C¢utre. CaD]fan C¢ntrE Latspcter 4lld Penpare&u Hv/o.
R¢¢rniting ond ¢rninin8 now volunteers to SUPPOrt th¢ ¢¢)rntllunitydrop-iD servlce&
Ru)￿l￿g mDnthly. in-p¢rson wllaboration and trainin8 days for all paid staff to maintaitt ski118 and e]w
Dnectivity across th¢ hon*-b•s￿ teAm.
Investing in communications capacity withio the or￿nIsatIon to incr¢8se ow soci81 m¢dia AQtivity and
en8agemenL and &srablishins a rolliD8 progratDm¢ of community ¢v¢nts at which ro maTk¢( our scrvKes.
Mainlainiog our specialist cas¢worko s¢rvic¢s it) key are48 of di¢nt d¢maDd- ￿}￿lfICallY, welfare b￿¢fits,
d¢bt attd energy.
Se¢urin8 new thdin8 to continue ourproa¢tiv¢ ener8y 4ilvic¢ seryices.
Close workn￿ with10¢41 Citi￿n& Advic¢ coll¢agues ￿￿oSS W&l¢s md in th¢ Mid and W¢5t Wal¢$ region to
ureW¢lsh QovernllL¢nVs re¢omniw7oned Single Advic¢ Fund 21n5-2028.
Page 3

Cyllgor Ar Bopeth C¢rediglon Cltizeny
Advke Burea
Report of the Tr￿te
for the Ended 31 M*rch 2025
OBJECTIVES AND AcrIvrriES
HOW OUR ACTtVlTIES DELIV£R PUBLIC BLNEFIT
Our main activities and who w¢ try to hdp are dtsttib¢d below. All our charitable &ctivtii¢s focus on pn)viding th¢
advice people ne&1 for th¢ probl¢rN they fA¢e and are undertaken spc¢ifi¢aSly to provide public benefiL The Eoard of
trustees tmve bad dlle rcB8rd to th¢ CTrwity CoJnmi5110D guid￿l￿ ¢)J) public be￿fIt attd have ¢omp]icd with the duty t
section 4 of the ChaFitseS A¢t 2011.
AClllEVEMENfs AND PERFORMANCK
Advice and l￿f0MlatiOn Seryices
The n￿lti areas of ¢haritable activity llte:
the provision of gen¢TpI advic¢ alld information aervie
the prowisioll of SP￿la￿l$t fjdvi¢e usewoik Servi￿ In the debt arxl welfart b¢n¢fit$ categwies olBo¢iAI
welfgre l&w
Throughout the year we have conlinucd to offer Advice and ittfornydtion in the following ways..
Providing generalist advice with accrss to specialist Bdvi¢¢ avd cas¢work %ervi¢cs by telephon￿ emaij and
oth¢r digital channels- through out lo¢alplk)De numb¢r, local ernail olld local WbatslApp, M¢5seng¢r3Thd text
service, and via our p8rti¢ipation in natiowl setvice5 includillg AdviceLink Cyn)n4 Cl2itnlTrTh&ts Yours and
naiioll81 Citizens Advic¢ knrk queue, Bmngcments.
Dcltyering 5p¢oialist ¢AEework 8¢fViC¢S to dietitswith c¢mpl¢xryuir¢D]cnts inw¢Ehre bettefit& debt and
energy.
MaitstaininB In￿È￿o￿ appoinurt¢nts at ¢ollllllunity venue8 Tun by partThcr organi3atiOtsS arourtd t1￿ Coullty for
those etiet)ts wlLose n¢eds ￿e such that phoncldigital a(fvic¢ is not apwopriate.
Providing Bppointments Yia phon¢ and di8it81 thlt ¢nable clieTJts to tackl¢ complex issues andlorprogrt5$th¢ir
case witb their &dviser or casew0rk￿- and, in litte with the clienvs nctds. eMablin8 3-w&y ca115 tt> f8¢ilithte th¢
involvemgDt of a third paty (likc a support worker, ¢threr Dr xllterpreter)
Enablin8 docllmcAt drops vii succn ¢apthr¢ (in digitJl wointsnents), WhatsApp itwag¢ capture, 2nd owttew
PO Box postAI address.
D¢)ivering appointments. adviee and Infom￿￿0￿3¢8$L¢)fjs frofftmultiple v¢nues across the ¢outtty incllldtll8 in
cornLrtunity, health, and fatnily, leisur¢ otsd w¢llb¢in8 ￿tres, as w¢ll as lo￿], local pArtn¢r$' otfic¢s and
Ev￿Lts, arLd ex)JMmunity Shows and futivgls.
F4Be 4

Cyngor ar Bopeth CeredlgloD Cltlztni
Advi¢¢ Buteau
Report of th¢ Trustees
ror the Ye*r Ended 31 Mareh 2025
Contrlbutlon •f VolwiteerB Fald Stsff
The thariws w￿¢$3 relies oll the conuniiment and ￿pertIse of paid and voluu¢eers. The tn￿1¢¢ board aod
mBna8¢nicnt te4m If¢0￿1]5￿ th¢ tremelldous C0Dtn￿UIi0ts nthde by th¢ cbaritys Yolullt¢rr5 in advising the pub]ic aud
sw?portu)g tho 5Crvi￿.
Throughoul 2024r25. tbe s¢rvtce allploycd 19 paid staff (16.4 FTES) ¥md Support￿ up to 14 volunteers over the y
(￿Ch contributin¥ all average of 4 hoursper week over an avernge of45 ea¢h).
Our Yo￿￿tteN have contribllted 2520 hour5 (2023124.. 2.160 hours., 2022123.. 2.160 hour8. 2021n2.. 1,774 hours). 'fhis
tnay be expr¢s5ed as an annualised value of £25.95612023124.. £22,248" 2022f23'. £22.248' 2020121.. £33,372). Beyond
their monetbry vallle. Voluntegrs bring m&Dy skills to th¢ ￿vice. for ¢%8mpl¢ having Iife and WOTk expeLience in many
vaT2ed areas and roles. and very often the rxpwi¢nce gailled 88 a volun￿er ILelps individ￿ry[S gain or r¢tUTn ty thll
employm¢llL
Cer¢digion Citizens Advice has reviewed our approoch to Attracting and keeping volunteers, and thc polici¢s that
uJh1￿1n our sllpF￿. W¢ arc gr&teful to ￿ndIng from th¢ Natiottal Lottory Con￿UnItiaY Fund and Ceredigion County
Council'$ trK Sh9r¢d Pro8p¢rty Fund for enabling us to coThiinu¢ iuvcsling Ill and b<n¢fitingfrcm our vobjntoers.
Who UBed benefited from our services?
Durltig the w)orting ye8r 2.920 gli¢nts12023124.. 3.171: 2022123: 1752: 2021f22.. 2,520) benefitsd from the seLvi¢es of
Citiz¢n8 Advitt C¢T¢digion g¢n¢rRting 13.329 separate issues {2023124: 13.810,. 2023124.. 13,830; 2021r22'. 15,882).
There wer a thrther 388 'qui¢k issue, clienis (2023r24.. 670: 2022Q3.. 896. 202It22.. 460), wbo w¢r¢ provided with
sdf-h¢lp infornjation, or signposted to othera8¢rt¢ies for help.
Noiwith8tanding th¢ slight fall in the number of oTiertts advi90d followiD8 a stCAdy ri8¢ in recent y¢ars. ¢]i¢nt demand
r¢m?ins high and th¢ Gomplexity of pe4)ple'5 cifcuTZ15tULces reflocted iti tht th￿l￿pIC issues on which each clirRtre¢¢ive¥
advÉcL. Our hDltslic gcnerdi5t advicB model contiThues to en5ur¢ we c4n offcr both b￿adth and d¢pth of adYi¢¢ -
fron) welfaK benefits to housing th debt to cmploynTht to relationthip to energy nwiy mor¢.
Pag¢ 5

Cymgor ar Bopeth Cerediglon Citlzeu¥
Advlce Burea
Reportof the Trustees
for th¥ Year Ended 31 M¥Tth 2025
Whllst we advise people on any i&*ue that tbey rnay face. our moit COD)m¢)o ¢uquiry areas year itti ycar OUL i¥ w¢lf&re
benefits which eontiLue to make up 37Y• 12023124.. 37Y•,' 2022123.. 38•/0' 2021122- 44Q/o) of the issue5 wbith w¢
advis¢ clients. Persottal Independcnce Payztlent remains, as it h&s in previolls years, tho top issue 8dvA8ed ¢)n in ben¢fit¥.
followed by gett¢r&l eligÉbility cnqtiin'e&. EMplO￿n￿t and Support Allow3nee gnd Limited Capability for Work
In totsl the $¢r¥ic¢ n¢gotta¢¢d OD OV￿ £400.000 worth of debt (2023f24: £176,9231: 2022123: £123,800. 2021122..
£382,064), Testheduling or reducing th¢ debts to make peopl￿ lives more su5taiDabl< Included in that figure is
£278.121 of debts written off12022124.. £152.717). These increases refi¢ct tbe I￿paCI of Gov¢mnKntpolicies tbat allow
greater wpport for houscholdsunder fillancial pressure8.
The service g¢n¢rated a totsl of £1,686.140 (2023124: £1.865.029: 2022123,. £1,28,434; 2021122.. £1.184.*77) ill
¢ortfmed additional income foT clients d¢monsttating the substantial impa¢t of our irm¢ maximisotion odvice on
hous¢hold in¢om¢8 alld th¢.widcr local e¢onomy.
Inve4tm¢Nt A¢tivbtie8
Ib¢ bureau holds 561 ordiDary 25p shares In GILxoSmithKlill¢ and volued at £6550 (2024: 9,585, 2023: £8.017) on
fairvalue basis as at 31st March 2025.
F*¢tor8 Affeethig tho A¢bl¢v¢m¢nt of ObJ¢dlYeJ
Maintsitting sufficient fimding to ￿ntinue d¢livering the service r￿llaInS a conunual ehAllengc. Financial ￿sta10ab11lty
is # CDrc focus and inwm¢ gen¢aT¢tiott an ottgoing activity. We continue to tnnovate and in tern￿ of the potential
Cor our seryic¢ developmuli achieve optimgl ¢fficictt¢y in tern￿ of our running eoth knd rnAk¢ tke most of ait the
fi￿ding opporttmities ay￿18b]e to UL Above alL w¢ fo￿LS¢d QD ellswring the Conttiwity of a getviee that
g￿ll1￿Cly m¢ets ¢lirnts' nccds.
The tost-of-Iivin8 LYiSiS has become an enduring r¢ality for ￿allY of our ¢liet)ts, placitsg additson81 danaDds on our
servÈce. The 8UPPOrt networks that wer¢ provtously in placc fot pcople are changing and we ore 8ske41 h) offcr suppoft
that faE]s outsid¢ the re￿it of direet advice. Vlkn¢ pyl¢ ar¢ vulu¢rabl¢, Lt is essential tb￿ we offer 5￿P9ft in
PtrAOJI-ccntr¢d way.
P8ge 6

Cyngor ar Bopeth C¢r¢dlEiOD Chiz¢n$
Advlce Bureau
Report of the Trustee$
for th¢ YeAr Ended 31 M4rch 2025
FINANCIAL REVIEW
The availability of fiu)diti8 in the charity 8¢Ctor relllaslls dlfficult due to the time-llmitcd and sknrt- terni nafur¢ of
fi￿djn8 cycle& Th¢ &ward of the Single Advice Fund for t￿￿¢¢ ye￿. with the potentsal for a ￿rth¢r thrr¢ if fi￿der
requir¢mcnts Rte meL is a real stabilisillg factor in the coming three ycAts. Th¢ charity is eomitt¢d to add¢d value
all its thnd¢rs from a base of sound fU￿A¢181 JJanag¢Jnent and ¢n8￿]ng servLCCS remaiD rel￿90t to gur strategi
stakehold¢rs and party¢rs at10¢41 and Dational lev¢l.
FlnaneJAI Review
tbe lei￿rti￿g per10￿ the G￿lty bad a deficit of £7.379 (Surplus £110,612 2023f24, Deficit2022f23.' (93.407)) from
total income of £649.120 (2023124.. £729,435 202Q3 £480,729) and exp¢nditure of £653.464 (2023ll4: £620.692,
2022123 £571912) llad an d¢crease shar¢ vajues of £3.035 (luc￿a8¢ 2023tt4'. £1,568.56, Decrease 2022r23: £1224).
At yw eud the charit￿$ total fijnds stand a £503.695 {2023124.. £511.074. 202V23 £400,462) of wbi¢h £376.835
(2023124 £356J03, 2tr22123.. £351,077) is ullrestri¢kd &nd £126.860 (2023124 £154,571, 2022123.. £49,385) is
T¢Stri¢¢ed.
Restry￿ Polley
Tr Charity li required to ensure tEMt free nLonies ar¢ availabl¢ in fillan¢ial ypar lo meet reasottable
foreseeAblc contingency. Th¢ ￿￿te¢ Board took au newsary r¢asonthle Steps to ensurc that it would not be wssible
for the cessatiott of oue or more fvnding str¢auu ty presLTrt SO 8ttiou$ a cho]l¢nge to th¢ fvture of the organisation that it
could llot be man4ged and contillue to pzovide a be8tvaiue advlce 8¢rvi¢e ￿thitt th¢ ￿SourCeS avgilablc.
tn r¢vicwtllg th¢ ￿tenti￿ ¢o*s that could ari8e $h¢)uld a SI￿lf1¢￿t r¢duction its incorne IneuTred the TTUSte¢5
d#ermined that 'fred resetves should b¢ maintained t4￿1 fr) 6 months n¢)rn]al operatitig cxpendilure which equates to
£325,850. The OTganisatitill'$ free rry¢rves (Gcnual and tnL8tee dcsigLgt¢d) M¢t of FiK¢d Asqets am¢)uDt to £331.979
31stMgrch 2025 (2023n4 £300,367, 2022tt3.. £282.445).
Prlnclple Fundlng Soureel
The totsl income for the yw of £649.120 reprayents a n¢t decrease of £80J15 c¥)rnPOTe4f to 2023ll4 (£248.706
incr¢aso).
FroSect speeific fulldttig w85 g￿ttfi￿Y rvdved from:
Welsh GovernmerJL via its Singie Advitr Fund 8rant to Cilizetts Advice'$ Advicelink projeci funds geTheT81isi social
weif8re advic¢ and 8￿claI18t C￿S￿ork s¢rYices oll welfare brn¢ftts and debt We ￿ntribUts to natsollul delivery of
W¢lth Gov6rnmcnV$ designat¢d income th￿lM￿ation telcphon¢ lin¢. CIAIM What'¥ Yours. 8nd tbe Basic Income Pilot
to support￿￿ lea
Our fundin8 cA)Jne8 a combinatiou of UK (3ovErnmenL C¢reai8ion Courtty Council, citiZw￿ Advice (with fimds
from the energy tndu5try), th¢ Etjergy Savings Th￿t (Energy Redr¢55 Scheme). the Natiottal Lottery Communities
Moondance Foundation and C¢redigion As8ociatlOL of Voluntary Organisatioos gtants.
Wc Are lll80 grat¢fjJl to Pembrokcshire County CowL¢iI ond local town couttcils for tb¢tr support fw our local, generalist
a￿lee sttvices.
Funth In Deficlt
lio funds w￿¢ in d¢ficii 41 ¢he balaore sheet. D¢fi¢its r¢stricted ar¢ mEt ou¢ of ￿restr1¢f¢d rE￿r¥e$ (see
note 16).
Investment Pollcy
A8 required in its mwn0rand￿x para8rapb 4.17. in turtkerance of its obj¢¢W gmd for llo oth¢x purp05e4 the Charity has
tho power to invest any surplu5 monie5 not immediately required for it5 Purpos￿ ill or wn such invc5tsn¢nts, s¢¢urities
or prop¢ty as may bo thou8hi fiL Jubj¢¢t n¢vertbeks8 to 8u¢h Conditions and such cotJ6ents as May for the time bEin8
bc imposed or [￿wired by law.
DesAgDAted Fundi
Pag¢ 7

Cyngw ST Bopetb Cer¢dl8lon Cltizells
Adrf¢e BuY¢a
Report of the Tru￿¢08
for the Y¢Ar EndeAI 31 Mir¢b 202S
Th¢ desi8nated fiwds rcpr¢s¢Dt mottios set aBid¢ ¢0 meet pOte￿tIal futtwc redundancy costs, up* th¢ orgotiisatioti'$
rr infrastructure, main￿lning the buitding. puttillg iti place a ¢ommuni¢ation Jtrdtegy as w¢ll as unrestrict¢d fLx¢d
as$ets. IL the opinion of th¢ tnistees, given the wrrettt ￿￿￿OrnI¢ climits diffL¢ulty raisin8 fund5, thtye ccnftnue8 to
be si8nifjwit risk of closllre and loss of hjttding.
Gotng C4Jnee
After nuking fiwther appropriate etlqUiTiH. the Trusrees havc a re8sonAble vAp¢ctwlon that the company ha& adeipiate
sour¢cs to CDntinue in op¢tatioThal existence for the fottsce&ble futwe. For this r¢ason. thcy continue to adopt the
going concern basis ID pr¢paring the fittsncitil st&tement&
FUTURE PLANS
The Board is committed to 8sSUtlng the fvtur@ of the orgauisation, DJa5lltainin8 its position a8 s kry serviee Ati
C4redigion 8nd North Pembrokeshir¢, and 8trength¢ning its capacity and delivery model to ensure ac¢wsibi]ity &Dd
availability to ev¢ryon¢ who nec￿ advie¢.
We contynue to deliver our 3-y¢8r Busine53 Plan 2024-27, and ¢onkpleted our leadership &%g¢smeDt Proc￿ for Citiz￿15
Advice Recogtiisiag Excellenc4 to secur¢ tbe Adviee Qua]ity StandBr& This endotses th¢ quality of our
goV￿an¢& opetational and delivery standards. Out National Lottery Funded project, Yma Nawr, allowed us to opejj
oui doors to r￿e-to-race dropin ¢li¢Jts irt Aberyswth, Csrdigan Jnd L&mp¢ter, and UK Shared Prosp¢rity FU￿11•8
whith uttderpiti5 Qur llew organisatio￿l engagem¢Jt work eDabl¢d us to in¢r¢axe OUT profiie-rAising, ittforn)otioD
and pertneTship work 2cross the county. We d¢ep¢ned our relationship wifhin the Citi7As Ad￿¢¢ network act055
Walas, gmd eSp¢eI￿LY with our regional neigbb(Tllrs. Carrllartbenshi￿ Pembrokeshire Powys Citiz￿$ Adviv,
whith consolidated the work required for the $u¢¢essfvJ bidq io We]sh GoverDmcllVs recommissioning of the Single
AdYi¢¢ Futtd durin8 the yesr. It ha9 be£ts extrandy re#ssuriry8 to ¢nd this year in tbc knowledge of that ￿￿ifL¢3nt
contriblltlOA to our ￿rVIC¢S for the coming 3 Y¢￿s.
We Nill ¢ontinue to strengtben our operatinB model. forn￿181￿8 our Tmote working arr&ng¢rnents fjo that st&ff and
v01ullt￿ h8Ye the T450urces ood support they need to d¢liY¢r bigh quality setvices, and ¢mbcddirtg new proj￿1
man2&ement procedw¢5 which WAII forn th¢ vital delivery foundations to the diversified fundingmod¢l thLtwill s¢¢ure
financial ￿tllre.
Abovc all, w¢ will rotaiD our focus on our ben¢ficisti¢s- extwding re￿ iato communities a(t05s the ar¢4, building
end strength¢nin8 our re]Atiooships with partner or8anis&tiOll8. m8kin8 improv¢rAents driven by our q￿lity &8$essmept
and feedback pro¢&8Se9, and ¢Dsuring that clients Cau Dot only t¢ach the way8 most suit¢d to them but also get ib¢
qtwlity advic¢ and infonllation they tte¢d to tra￿£0[M their ¢iTCllmgtatt¢es.
STRucfuRE. GOVKRNANCE A14D hW4AGBMLNT
Goverrting doeumettt
The Charity is colltrolled by its goycrning dowmenL a deed of tm8L &nd cofjstitut￿ 8 limikd compw* limithd by
guarBnle¢, as defLAed by the Companies Act 20Q6. The Ch4rity comrn¢tt¢ed Ope￿i¢)n8 ip 1984. in¢oryoTated in l997,
and is gov¢rned by its Memorandum otsd Arti¢l¢8 of Associxtion.
Th¢ Cl)arity is a member oe Citi£ens Advic¢, tb¢ operating n8me of the National A8sociatson of Citi7Kn8 Advice
Bureaux, Mtsi¢h provides a fram¢w¢rk for stdtthrds of ￿vice and Casework manaEement as w¢ll as D￿nitOri11s
progre55 a881t￿t thesc standards. Oporatittg policies are ind¢pendcoily detemiined by the Board of Dir¢ctor8 on an
stwwl b￿1$ to fillfil its clwitsble objects and comply with tbe DatioThAI membership rquirem¢nts.

Cyngor ar ljopeth Ceredigion Citizens
Adyice ilureau
Rcport of the Trustee5
for the Ytar Endtd 31 Mareh 2025
STRucfuRE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The Charity is goven)ed by a Board of Trustees. Trustees who have held office during the Ye￿ are listed above. Th¢
Articles of Asso¢iation provide for a minimum of ihree and a maximum of fifteen trustees.
Trustees are elected to the Board foT a thr¢¢-year ￿riod and ure appoin*d by a resolution of its rnembers at an AGM.
Trustees retiring after a tI￿ee-year period of appointment rnay b¢ re- elected and iipwinted by a resolution of the Board's
¢mbers at an AGM. The Board has powers to co-opt members who shall retire at the following AGM and offer
themselves for re-election. C(popied tn￿leeS must not exceed one third of the total number of trustees.
Cit12ens Advice appoints a representative who may attend the Board as a non-voling rncmbcr.
The Board is supported by nvo sulFcommittees, Covering Funding and Finance, and Resource5 and Policy respecliyely.
The trustecs who have served during the year are listed above. None of thc trust¢es has any beneficial interest in the
company. All of the knjstees are members of the company and guarantee ts) contribute £1 in the event of & winding up.
'l-h¢ organisation owns an officc b&sc in Cardigan but all staff havc work¢d remotcly since March 2020, the start of th¢
Covid-19 pandemic public health resknction5. The Board conm)issioned a structural survcy of th¢ property in February
2022 to inforni a wid¢r r¢vicw of its future. In June 2022, in vi¢w of the significant changes to the organisation's service
d¢liv¢ry, operations and administrative need& the Board agreed to market the property for sale and take steps to
optimise its value in line by seeking planning advice from ihe local auihority.
Organi5ational structure
Ceredigion Citizens Advice is a member of Citizens Advice, the operating name of the National Association of Citizens
Advice Bureaux, which provides a framework for standards of advice and casework management as well as monitoring
progress against these 5landards. Operating polici¢s Ilre independently deterrnined, and subject to annual review, by the
Board of'l rust¢es in line with its charitable obj¢cts and national m¢mb¢rship compliance.
The CEO has been appointed by the trns¢¢¢s to manag¢ th¢ day- to-day operations of the charity. She l¢ads an
exp¢rien¢ed team of paid staff and volunleers who are key to the 5¢rvi¢es offered by the d￿rIry. Decisions are made by
the Trustee Board in line wilh ihe Business Development Plan which 15 r¢vi¢w¢d annually.
Since September 2022, th¢ CEO h&5 work¢d with d senior management team comprising the Operations Manager and 4
Supervisory staff to co-ordinate delivery of the charitys 5¢rvi¢¢5 and day-tv-day vperations. They also review project
delivery progress against funder requirements and Business Plan priorities, the Chdrity's fin8n¢ial position and any oiher
l55ues referred tu them by the Trustee Board. Regul4tr siaif and volunteer meeiings ensure communication5 acros5 th¢
whole organisation. Board m¢cting ag¢ndas and a contCTnporaTreous note of the meeting are shared with the staff team
on MS Teams.
Induction and training of new t￿Ste¢S
New trustees are briefed on their legal obligations as specified in the Charity Commsssion guidance and in the
Meinorandum and Articles of Association, the sub-groups and dc¢i8ion-making processes, thc business plan and
financial p¢rfotm2n¢e of the ¢hority. Tru5te¢s are required to undertakc some mandarory training in line with the
organisation'.s qualiry assurance and data protection requirements. They are also encouraged to attend other extcrnal
Iraining events where these will faciliiate (he undcr8thnding of their role.
TNstees maintain CODtact with staff and voluntecr5 via the CEO'S rcports to the Board (at)d its SulhGroups) and
receiving presentstions from staff io their m¢eting5. Tru5tces WOTk alongside paid staff and volunteers at ivhole
organisation business planning days which are generally held at thc start of thc financial year to review and prO￿eSS
pects of the 3-year Busirtess Plan.
Page 9

Cyngor ar Bopeth Ceredigion Citizens
Advice Bureau
Report ofthe Trustee5
(or the Year Ended 31 March 2025
STRUCTURE, GOVERP4ANCE AND MANAGEMENT
Risk mAnagement
'I'he trumees maintain a fornial Risks Regiyter and keep under review any changes in the major risks to which the
organisation 15 exposed, in particular ihose related to its services and finances. The ReSoUr￿S und Policy sub-group
oversees and amcnd5 the risk register, which is a standing itcm on its agcnd4 and receives regular risk-a5sessed update5
from the CF.0. Trustecs aTC satlsfied that syst¢ms are in place to identify and mitigatc ihose exposures to th¢ major risks.
Key risk5 and Uncertainties
During the 2024125 financial year, the charity has scttlcd into a new op¢rational model of multiple advicc channels.
Advice is now delivered via phone, email, WhatsApp, text and, with the support of ttje National Lottery Cornmunity
Fund, at weekly. in-person drop-in advice sessions in Abery5tKwh, Cardigan and Lampeter. In-person appointmcnts are
also available at cornmunity centres in BorLh, Lampeter and Penparcau. Elowevcr, there werc significani r¢duciions in
long lerni funding source5 for energy advice.. funding via the Wann Homes Fund ended and Citizcns Advi¢¢ Pllblished
its new Energy Strategy which conftrmed reductions in the fvnding available to local advitc services. There was fiuther
uncertainty caused by Welsh Government's recomrn155ioning of the Single Advice Fund (SAF) for 2025-2028. the
charity's largest funding stream. Notwithstanding the success in securing the SAF for the coming thr¢¢ years, the trusiees
regard financial uncertainty a5 the outstsnding risk factor for the ¢harity.
Finan¢e_ Insllffielent Income wlthln the year.. securing funding coniinues to be a serious challenge to
rinancing our 5eTvi¢es, as it has for many years. Notwithstanding a balanced budget, dtfferent fijnders have
paymeni processes and iernis. Many require the ¢harity to fi￿d services up front, only paying in arrears and
following clearance uf a detailed ￿an[S claim or invoicing pro¢¢ss. Others retain a percentage of the grant until
the project 15 colnplete. This can pise a particular challenge for the organisation's ¢&$]￿OW which requires
sufficient income on a regular basis to meet the ]nonthly salaries bill.
FinANee- Insufficient incomc in the longer tcrm Th¢ charity has reserves but is eniirely reliant on
lime-limiled pr(Trject fvnds. Fcw extcnd beyond 2 years so that its long tertn fiuan¢ial sustainability relies upon
securing and delivering multiple oveTlapping. tirne-defined projects that ¢ombin¢ to d¢liver its priority
objectives. This nece5Sitates a coThslant pr￿¢S5 of project innovation and fundraising to safeguard it5 futur¢.
'rhis is a challenge for charities across the advice Se￿or e%pecially, and third secior as a whole.
Operation$- failure to deliver on funding eommitrncnts KP15 and Projects :thc urganisation oversees
multiple funded projects. FAch has its own, unique ￿nder requirements and key perforniance indicator5. These
may include any or all of service dcliycry activities, client numbers, staff employment andlor volunteer
involvement etc. Managing and coordinating these mulriple proj¢¢ts and ￿n<￿T requirements with a small
busincss support resource is it)ereasingly complex but vital to its sustainability.
Operations- ¢ipa¢ity of stgff and voluntttrs to deliver serviees . paid staff and vol￿te¢r5 operate from
home, perforniing flexible roles to meet the requircmcnts of multiple projects. This requires a different
approach to rnanagetnent and supervision to maintain motivation. engagemcnt and productivity, safeguard
quality standards and manag¢ expectation5. Motivated, productive staff and committed voluntccrs are
fundamental to delivering services, meeting funder requirements and ensuring our quality aSSurn￿e and
reputational standards.
¢al need- growing demgnd from Ioc81 people and partners '. tht cost.of-living pressures on local
households and communities places PTessuT¢S on our local services which require managing alongside our
commitment to delivering Wales-national services. Local organisations also look to us for client referrals.
traInin￿InfOrmation support and potential strategic or delivery partner5. Whilst local expectations of our
services are hEgh, this needs constant careful management to ensure we are able to meet the rising demands and
requests whilst Slill operating wÈthin the r￿Lie ¢on51rdints of the fijnded services and staff we have available.
Trustees. plans And strategles for manfielng the$¢ ri$k&
Fin&nTe- Insufficient income within the year . the TNstees have seen this risk in the context of the
longer-temi risk (below). The CEO'S quarterly reports to the Finance and Fundingy Sub.Group including
Mandgement ALcvunlS. dttsiling income 41nd ¢xpenditure vf every individual proj¢ct, hi¥hls¥hting any
fiDancial Tisk5, and Lashflow.
Page 10

llldependent Exb)llitt&B Report ¢0 the Trustsej of
Cyngor ar Bopeth C¢r¢digion Cltlzenj
Advlc¢ Burea
IDd¢p¢nd¢nt examiner's reP￿rt to the truitets of Cyngor Bopeth Ceredigion Citlx¢M Advlce BureAu {'the
Compatyy.)
l Teport to th¢ cbariw tnLqtees on my examin&tion of the iceoullts of th¢ Cvmpany f¢x the Y￿ ended 31 Ma￿h 2025.
Re$ponsibiliti¢s and basts of report
As the charitys tri￿$ of the Comparty (Ind also its dlre¢kn8 foy the purp08ea of conwany law) YOU r¢8poDsibk for
the prep8rntioll otthe aeeouttts in accordance with the teqllirernents of the Cotnpatiies Ac¢ 2006 ('the 2006 Act?.
H8ving sati8fi¢d my8¢lf that th¢ xeounts of the Company ate t￿t r4uir¢d to bc wdikd wider P&rt 16 otthe 2￿6 A
d are eliEible for itLdepeLd¢Dt exaEELinatM)n, I report in res￿ of thy ¢xaTnithation ofyour charitvs A￿0￿￿ts os Carried
out Under SxtioD 145 of thc Cbarities Act 2011 (the 2011 Aefj. In c#tryiQ8 Out my exan)inatiory I have followed the
Direction5 givcll by tb¢ Charity Commission under S￿￿0￿ 14515) Ib) of the 2011 ACL
Ind¢pend¢nt exAmiller'i ststrment
Since your ¢h8ritys gro$$ income exceedcd £250,000 your examiner must bc a m¢rnber of a listed body. l Can ¢onfirm
that l qualified to undertake the examination becau8e I ￿ a of th¢ A880Ciation of Chartered Certifie
Aecoulltattts. which 1$ oné of th6 listed bodie&
L hav¢ ￿MPl¢ted my examiEatiQD. l aMJfinll tltHt no matt¢rn havc com¢ to my &ttcntioTh in conneciion with the
xatnination giving me c8use to believe:
4CCOUDtiDg rccords w￿¢ Aot kept in rwect ofthe CompAny 45 Tequirrd by 8ection 386 of the 2006 A¢ or
the accc*unts do not accord with thost t¢cords,' or
the ￿e0￿ts do not Cotnply with the accounting requirements of Sedion 396 of th¢ 2006 A¢t othcr then any
requirtmen¢ that the arcDunts 8ive a Itt￿ ond fair vicw whidi i8 not A matitt wnBid¢red Es part of ÈA
iTrdepevdet)t ex8minatioD' or
the accounts hAvc not been prepared iti accordance with th¢ methods and principles of the Stttemettt of
Recommended P￿(1¢¢ for acc(MJllting and r¢p)rting by cl18riti￿ {applicAble to d￿ritieS prepsring their
accowirs in accordance with the FinancTal R¢pottios St&ndard appil￿ble in the UK and R¢public of Ereland
IFRS 102)).
I havetto ¢oncerrts and bave eome acro&s no oth2r maitffs io Conne￿lOn with the exzmin&ttoD to whi¢h all￿tion should
ba drawn in tht¥ report in otd¢r ts) enabl¢ a properunderstW￿lUg of thc accounts to b¢ ru¢h¢d,
Mr D.M.T dAB.A {Hon
. F.C.CA
TheAssociation of Charter¢dCertÈfied Aecountsttts
Athmole at)d Co.
Williamston Hous¢
7 Goat Street
Havcrfotdwest
Pernbrokeshire
SA61 IPX
Pagc 12

Cywr ar Bopeth Cer¢dlglon Cl¢lzollB
Advlee Bllreau
Report of the Truit¢es
for Iho Year Ellded 31 Marth 2025
srRucfuR4 GoifERNANCE AND MANAGEMENT
Fillance- lu$uffA¢leMt in tbe longer terTh: the Tniste¢$h4v¢ prioritised th¢ ry¢ed to divttsi(y
the orgaDisation's fvndins basis. The CEO PTovid¢B the Board with qUArterly updateB of a 3-ycar
projecti¢)n of the d￿rity$ finances, and 4Dy r¢cOnU￿13StonIti8 QpPOrtt￿IttcA.
Operatlons- fallure to d¢Uver on fyndlng COm￿rIt￿ents, KPIS and proJ¢ct$." Th¢ CEO provmles a
quarterly r¢port to the Th￿￿¢$ on deliv¢ry 8¢ross fundcd seryi¢e8 and on ttny Tl8k$ to su¢(*ssful
dclivcry. changes ￿li¢1Pated illCem¢ 8lldlor capacity requinn¢llts, #md fvud¢r rel#tiollship$.
OperAtlons- capadty &fstAff and voluntserB to dellver 8ervleeJ: the organisation has commi¢t¢d to
retsining its volunteer and bas secured Inv¢stors in Volunteers ￿er¢d)￿tion. Th¢ 13usin¢ss Plan
commits to being aP￿gresSive employer to ¢nsure stsff development alld iot¢ntioTL. InitiatiV¢5 itiBluth..
monthly in-p¢r$vn m¢¢tiug8 which support staff commutiicltions Bnd moral¢,' ¢ommullity drop-ins &s
ub, tg support volunteers., a new stBff w¢llb¢tng survey and action plan to strcnBth¢n areas of
weakTess' llrw tleziblv working policy,. ongoing mernb¢r8hip of ths Living Wasc Foundation.
Lo¢•1 need- growlng demand from local people and parthers: w¢ have widcned the various ID
which Cli￿(5 can re￿h UB and increased our local presence atcommuttitynetworks and ¢vcnts. We
provide t2lk8 to loc&1 gtuups and Prioritised ovrsocial media to iDCTease tbe digital availability of our
¢ostrof-living resou￿¢8. We are a key colltribulor to th¢ lo¢ai Public SrtViCCs Bliard￿ T￿k1]n8P0yerty
Sub.Oroupi
exploring opportW)iU65 to collaborate attd ￿dValue to oth¢rlocal Scryjc￿.
2710712016
Approv4yJ by order of the Ix)8rd of on'..........,.......,,.,...............-...... andsi8ned on its bchalf by..
Steve Strat¢0￿ IJ
S P Stratton- Trnstee
, 2026 10..39..38 GMT+11
Pa￿11

Cyngoy ar Bop¢th Ceredigion CRtkens
Adv1¢¢ Buruu
Stat¢m¢nt of Flnanti21 A¢t1￿1]eS
for the Year ￿nded 31 Mar¢h 2025
31.3.25
Total
31.3.24
I'otal
Unr¢stri¢trd
tjds
Rostrictcd
Note5
INCOME AND ENDOWMENfs FROM
DollatioDs atLd legaci
9.985
9,985
ChaTltabk ictlvhles
Charitable activities
559.681
559.681
687,648
Investment income
Oiber income
3,068
3,068
76.386
3.827
30.516
559,681
649 120
EXPENDITVRE ON
Ch4rliable actlvllles
Charitabl¢ ￿tivItIe
Support Costs
Gov¢rnan
45.273
10,122
380
341679
244282
387.952
254.404
354.401
255.563
Totsl
597 689
653.464
620,392
Net g4%ll81(losses) on iJvcstments
3.03
NETINCOMEI(EXPENDJTUBE)
30,629
(38,008)
(7J79)
110.612
Tran51ers between fuDd&
16
N¢t moyementth fMnd$
20.332
(27,71 l)
17J79)
110.612
RECONCILIATION OF FUNDS
Totsl fjjnds brougbi fonvard
35&503
154.571
511.074
4(K).462
TOTAL Iiuf4DS CARRIED FORWARD
376 835
503 695
Thc not￿ fotm part gf th¢s¢ r]rLan¢ial statem¢nt$
Pa8¢ 13

Cyngor #r Bopeth C¢r¢digivM Cltlzells
Advlr¢ Byre8u
B#laTh¢e Sheot
31 fvIar¢h 2025
31.3.25
Totsl
31.3.24
Toral
Unr¢5tri¢tsd
Restrirted
Notg$
FtXKD ASSETS
T8ngible assets
Inv¢stments
44.856
44,856
46.650
12
51,406
51,406
56236
CURRENT ASSETS
D¢btor&
Cash at bomk
13
78,552
267,649
74.Q19
151571
347359
215.623
369316
346.201
154,329
500.530
584,939
CREDITORS
Anjouttts fallinB thie within One yL*r
14
{20,772)
{27,469)
(48241)
{130.101)
325 429
452 289
454 838
TOTAL ASSETS LESS CUIUiKNT
LtABtLITIEI S
376,835
126,860
503.695
. 511,074
NET ASSETS
376.835
503 695
511074
16
Unr¢stii¢ted fvnds
Restrict¢d ￿lld
376,835
356,503
154571
TOTAL FUNDS
503 695
511074
The ch￿ttab￿ company i¥ entided kn QXUYLPtiOll from audit WLder S¢etion 477 of th8 Companies A¢# 2006 for the year
ended 31 2025.
The membus hav¢ not required th¢ company to obtain 8n 8udit of its financial stat¢menL% for the ythr ended
31 March 20￿ in accordance with Seciion 476 of the Compallies Act 2006.
The ttu$tees a￿(￿ow]edge their responsibilities for
(a)
ettsJJriDg th&t th¢ charitsbl¢ compBny kew accountitlB r￿ordS that wrjpty with Sections 386 and 387 of tbe
Comp8nie5 Act 2006 and
prcparing financial 8tstemettts whieh give & trne attd fair view of the grats of Affll￿ of the eljarltable COmP8tsyAS
2t the ¢nd of ¢ach finADcial year ond of its surplus or deficii for each fiLanei81 Ye￿ irt Rccord8nce with the
requiTem¢Thts of Sections 394 and 395 and which otherwise c¢)mpSy with th¢ requirements of the Compani¢s Act
21M)6 relatttig to financial statements. so far as applicable to the charttsble company.
(b)
Th¢ twtes fomi part of thes¢ financial stsiem¢nts
Page 14
ConliDu￿...

Cyngor ar Bop¢th Cpr¢dlgion Citizeni
Advice Burttdu
B￿￿¢¢ Sheet- ￿ntinUed
31 March 2025
Th#e finaueial ststernents b4v¢ be¢n prepar￿ ill ￿￿rda￿t with the provisiojjs applicabl¢ to cbwitable ¢ompaTJi
subjwtto the small ￿n)pa￿Les r¢8im¢.
The financial s
enr8 were approved by th¢ Board of TTUSt¢¢s 8nd aWthori￿1 for iisu¢ on
and w¢[¢ sigll¢d on itsbehalf by..
st9ve Stratton IJ
, 2026 10..
S P Stsatton. Tr
The llo1¢5 for￿ PaTt of the5¢ finaucial Statements
Page 15

Cyngor Ar Bopeth Ceredlglou Cltlxens
Advlce Bure
C#ih Flow Statemetst
for the Yesr Ended 31 Mareb 2025
31.325
31J.24
Notss
Cash flows from operxtlni Atdvlties
Cash generated from OP¢yations
136
Net cash ￿ed in operatiag activities
136
Cash from inv¢$ting #¢tivltiey
De¢re￿e in invutments value
of fjx¢d ass¢t inv¢slJnents
Salè of t3ll8ible fjxed assets
Sale of fjxed as8¢t itivestments
Interest received
3.036
(1,5691
42,4L4
1,569
3.827
76.030
(3.035)
Net cash provided by investing &L*iviti
ChAllge Ill cash Irtd tAsh equlvalenti itt
the reporting pÈriod
CAsh and eash tqulv*ltnts at the
begtDtiirtg of the reporti￿£ period
44#22
46.105
230 898
Calh cash equiv•l¢nts *t the ¢lld of
the reportiDg p¢rlod
321525
277.(￿3
The notu f4)XDJ part of th￿¢ fmaDci81 stateD￿ts
Pagtr 16

Cyngor xr Bopeth Ceredlglon Cltlzen
Advlce Bllr¢*u
Notu to the Cash Flow Ststernent
for tbe YeAr Ended 31 March 2025
RECONCILIATtOl¥ OF (EXPEf4DITURKYINCOME TO NET CASH FLOW YROM
OPERATING AcrivrriEs
31.325
31.324
T4rt (expeJd51ureyID¢ome for the reportlng petrlod (49 per th¢
StAtsnJent ol Flllxnelal ActlvLtlei)
Adjustments for:
Depre¢1￿[0￿ ¢hor8e8
Lws&(g8in) on investtneuts
Pmfit on disposal of fLxed *sGets
tnterestr#cived
DOE￿as￿l{]n¢￿8e) in debtorn
(De¢r¢4s¢yincTV45¢ in weditors
(7.379)
110.612
1,794
3,035
(76,030)
(3.068)
63.052
15.981
1,794
(1,569)
(30,243)
(3.827)
(97.718)
et clsb u*d ID Oper4￿On*
13
ANALYSIS OF CASH AND CASH EQUIVALENTS
31.3.25
31.3.24
Notice depoyits (less than 3 nwnths)
OverdrAfts ittc]E]ded io bank lo&ns and ovwdTats fall7og du¢ within on¢ yeBr
347,959
369,316
Total c4sh and cash equtvalents
321
277 003
ANALYSIS OF CHANGES IN NET FUNDS
At 1.424
Cash flow
At 31.3.25
Net ¢A5h
Cash atbank
Ll4ttk overdrafts
369,316
121,3571
347.959
321525
277,(￿3
321 525
Th¢ hnllpan of the5¢ fllwn¢ial st&t¢mw
Page 17

cy￿￿t ir Bop¢th Cer¢dlglon Cl¢izens
Advice Bureau
NotrB to the Flnarncial Stitem¢nts
for the Year Ended 31 Mar¢h 2025
ACCOUNTING POLICIES
81$ of preparing the finan¢lal statcmenti
The fitt•nciAI st&t¢m¢nts of the charitable comp￿y• which i8 a public benefit entity under FRS 102, have bv
prep￿ed ttccordance with the Clwities So1￿ (FRS 102) 'A¢wuDting and ReportiT]g by Cbariti¢s". St#tsm¢nt
of ReCo￿ended Prnctice applicabl¢ to char¥ties preparing their accoottti tn accordance with the Fitwici&l
Reporting Ststtdard app]i￿ble in the UK &nd R¢pvblie of Itcland (FRS 102) (effecti￿ l Jonuary 2019),,
Fltiancial R￿Ortillg Srandard 102 Yhe Finsncial Reporting Sfandllrd applirablf iti th¢ UK ￿ Republic of
Ireland, th# Compatii¢s Act 2006. Th¢ financial stat¢llKnW have been prepared undcr thE bi5torAcal o)8t
convetttion, with thc excepti¢)n of invrstmts whi¢h ar¢ included at ￿￿[k¢t valu& as rnodified by the
rcvaluation gfcertsirL assets.
lrttome
All income is r¢Co￿LI￿ in the StaLement of FingticI￿ Activiti￿ once the Charity ha¥ entitlement to th¢ fund5, it
is probablc that th¢ incgme will be received and th¢ amolnt ix mea5uro4 ￿lIablY.
Exp¢ttditure
LiBbilitie8 ar¢ rccogn55ed a5 expcnditure as soon a6 thue is 8 I¢Bal or cons1￿Ctive objigation ¢onwJitting the
charity to that expenditu￿, it is probabl¢ th&¢ a transf¢r of ecorAomic benefits will b¢ rquir¢d itt sctt]£rncAt and
the amount of the obligation e2tt bc mcasurEd reli2bty. Expenditure is accounted for on an aeerna15 b8515 and has
b¢en clas5ifi¢d Und￿ h¢adings that aggrcgatc all eo8t rdated to the ￿tegOry. Wiere costs b¢ dir¢¢tly
attnThuted to particulaJ hcadings they hAve been allOC￿ed to activities on a basis consi8tent witb the us¢ of
Tangible fixed r41sets
Dcpretiatioll LS provided at th¢ followin8 arJmMI rales order to WTi¢¢ otTeach ￿￿et ov¢r its e#in]atcd usehl
lif
Fr¢¢bold propety
2Yo on c05t
Tuatio
The charity 18 ¢x¢mpt from eory¥oratiorA on its cbaritsble activities.
Fulld acco￿￿thi￿
uttrestt1ct￿[ fiwds Can be used in e￿OrdanCe with the thoritable objeetives &tthe dis¢retson of the ttustees.
Re8tricted fimd8 ¢an ooIy be used for parfi¢u]ar tt&tricted purposes within the objLxts of the charity.
ReStrI￿10￿S arise when swified by the donor or when arc railed for particular restric(ed puryosc
Further explanation of the rta￿re and PUTPOSC of each fjjnd iy included in Ib¢ tsot¢8 ti) the finwial statem¢tsts.
Hlre pur£hw gnd leasSng ¢ommitm¢nts
Rentals paid und¢r operatin8 leas¢s ore ¢bar8ed to tb¢ Statenlettt of Fina￿1#1 Acttvitie5 on a straashi line basis
over the pertod of the l¢a5e.
Pw18
¢otttimied...

Cyngor ar Bopeth Ceredlglon Cltjzens
Advi￿ Burt#u
Notu to th¢ FinAndal St*temellts- CODtinued
for the Year Ended 31 Mii¢h 2025
DOFIATIONS AND LEGACIES
31.3.25
31.3.24
DoDatioD5
Grants
1.863
8.122
6.000
9.985
Grnllts Teceive4 inGlud¢d in th¢ abov¢, a5 foUoTh7'.
31.3.25
31.3.24
Pthkeshire County Council
Abery81wyih Town Council
We8teni Powet Distribution
8,122
l.O(h)
31.3.25
31.3.24
Bank interest received
INCOME FROM CHARITABLE ACTIVITIES
31.3.25
31.3.24
Activity
Charitablc Activities
Qr4Dts
559681
Grants included Ati the abov4 are ey follows..
31.3.25
31.3.24
C¢r¢di8ion Couuty Council
Gr8nts Other
Citi7M$ Advi¢¢
Encr8y Savings Trust
Nlltional Lottery Community Fut
Pembrokeshire Citizen's Advice Bureau
Abery51wyth Town Couwil
Powry8 Citi7xD's Advi¢¢ Bur¢au
CAVO
mool￿anCe
Scottish knociation of Citizens Advice BU[￿￿X
104.767
250.973
65.995
24,869
50.534
6.720
151.806
266,406
198,965
37.501
5.000
(1,000)
5.784
23.186
5P94
41.479
559.681
687.648
PJg¢ 19
continued...

CyngoT w Bopeth Cerediglon Cltlzeni
Advlce Bure*u
Notes to the Flnanc141 St*tementg- co￿ti￿U¢d
for ihÈ Yt*r Fffjded 31 Mdreh 2025
CHARrrABLE A￿1VITI￿8 cosr8
Support
costs (scc
note 6)
Dirttt
Totals
Cknitabl¢ a¢tivities
Support Costs
Gov¢rnatt¢e
387,952
387,952
254,404
254.404
387952
265 512
SUPPORT COSTS
Manag¢rn￿t
Totats
Support Ci)st¥
Ooven]3ncc
254.404
254,404
265 512
NET INCOMEI(EXPENDITURE)
NBT incomej (exP￿dit￿re) for trLe yeor
2025
2024
This is ststed aftcr clwgillg:
DEpreGiation
Alxovntancy services from tl* ¢xamitser
Ciiizens Advice for 12 month& of FIna￿ClaI Mallagcmcnt Swjport
1,794
3,4(K)
1,794
3200
4nO
TRUSTEES, REMUNKHATiof4 AE4D BENEFITS
There w¢r¢ no tNs¢¢es' remunerdtion or oth¢r ￿nefitS for lkn yEar ettded 31 Marth 2025 nor for th¢ yrar eNded
31 M8r¢h 2024.
There were no tn*$' wienses pai<1 for the year ended 31 M2T¢h 2015 nor Eor the year ¢nded
31 March 2024.
STAFF cogrs
31.3.
31.3.24
Wagm ar¥J $alaries
498 258
489 193
498
489 193
av¢rag¢ montbly nutnber oleJwloyec$ duriyjg the y¢8xwHs w follows:
31.3.25
18
31.324
17
AII Activilie8
Pag¢ 20
Continued...

No employ¢¢8 T¢¢¢iv¢d ¢n￿lUM¢ots ill ¢x¢¢8$ of £60,000.
Pag¢ 20
continued...

Cyng•r *r Bop¢th Ceredlgion Cltitens
Advlct Burea
Not￿ to tho Fittaneial Statements- CondD￿d
ror the Year E￿ded 31 Mareh 202S
io.
COMPARATIVES FOR TIIE STATEMENT OF FINANCIAL ACTIVITIES
Unr¢stiided
Rdirieted
(￿dS
INCOME AND El+lDOWMENTS FROM
Doa&tions aod legacies
7,444
7.444
Clwit*ble *ctlvldES
Charltable activiti¢s
687.648
687.648
Im*$tsnent incotne
3.827
3,827
30516
Tgtsl
729 435
EXPKNDITURE ON
Charitable ictivities
awitabl¢ g¢tiviti¢s
Support Costs
4242
14.055
854
350.159
241508
354,401
255,503
Totsl
601
Nct gaiL4 OD inveitments
1.569
1.569
NXT INCOME
Trartsfers between funds
24.205
86.407
110.612
Net m0Vern￿t irt funds
5.426
105,186
110,612
RECONCILIATIOY OF FUNDS
Total brought forwgid
351.077
49.385
4{￿.462
TOTAL FUNDS CARRIED FORWARD
154
11. TANGIBLE FIXED ASSETS
Freehold
prnpcrty
COST
At l April 2024 and 31 March 2KJS
DEPRECIATION
At l Apri] 2024
Cbarge foT y¢41r
43,057
At 31 March 2￿3
44,851
NET BOOK VALUE
At 31 March 2025
At31 Mateh 2024
Poge 21

Cyttgor Bopeth Ceredlglon Clttsens
Advi¢¢ BurEaD
Notei to the FlnEDtlAI Statements- tontin￿ed
for the Year EDd¢d 31 Mir¢b 2025
IL FL¥ED ASSET INVESTMENTS
List
inv¢stm¢nts
MAHKET VALUE
At l April 2024
R¢valuations
9.586
3.03
Ai 31 March 2025
NET BOOK VALUE
At 31 Mar¢h 2025
At31 MBrch 2024
9.586
Th¢r¢ were no invesknet)t assets outside the UL
Cost or valuation at 31 M&rch 2025 is rq>r¢sEnted by."
Listed
inve¥ttncnts
Valuation in 2025
13. DEBTOIL8: AMOUNf3 YALLING DUE wmitN ONE YF.AR
31.3.25
31.3.24
Oth¢r d¢btors
PT¢PSynrntS
150.047
211.548
152571
215.623
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.325
31.324
BaDk14Jans alld overdrafts (se¢ note 15)
Trade creditors
Othercreditors
26,434
1,440
11.158
92.313
22,158
12.430
48
130.101
PA8e 22
continued...

Cyngor #r Bopeth Ceredl¥loll Clthen8
Adv£ce BurvAU
Not¢9 to the Fln4n¢lai Ststements- eonthiued
for the Year Ended 31 M*r¢b 2025
Is.
LOANS
AwouDts 5bowiug as bgnk lojlls alld overdr&fts r¢pres¢nt a liming difference between when thc restict
EXPendity￿ ha$ been incurred and the receipt of th¢ r¢8tri¢t¢d fiwding in th&Charity¥ bank This is not
acDJal t)aDk lokn orov¢rdr4f¢ merely a tiElliDg difference.
I& MOTrTMENf IN FtJr4D8
Nct
ovem¢Dt
in fund5
Transfers
between
Jds
At
31.325
At 1.424
Uts¢eBtritted t￿lld$
General fjand
290,003
30,629
{10297)
310.335
356,5C13
30.629
{1029
376,835
Rutrkted fttllds
Warmer Hom&8
Advicejittk (SAFI
We51trn Power th'st
Co$y Cer¢di8ioD IERS)
E￿ryy Saving5 Tn￿tVoU¢bCTs
Enew Action Plan
WCVA-VSRF
k100nd￿Ce- Taekling Fu¢1 Poverty
CC Energy Vouchers
CommuDiiy CohESiOn Snall GrJnts
S¢h¢m¢
Welsh GovernmaJt- A￿¢5$ lo Parlners
Ciuzells Advice- Ener8y Caseworker
citi1￿￿ Adviee- Rural Families
C￿¢digI¢mI County Council- CIAN
National Lottery- Yma Nawr
MOTW Bnd Pryisions S¢rvi¢e- W¢Kbeing
citi7.ens Advsce- Carbon MDIIDxide
Advi¢¢ Projc¢i
Bnergy Sayings TnJBt- Cysyllt Connect
Citizeu's Advice- Energy Outt¢a¢h Proj¢¢t
Cw¢digion County CouDciI- suppon for
CDM'S Cafes
S¢ottiyh Power EnergyNelwork Fuel
Poverty Service
1995
34,704
(8,103)
{1,764)
{5.548)
(I,ooo)
(25,478)
(1.439)
(1568)
(2.998)
36,699
,103
1.764
5.54S
4.852
43.031
1,439
3,852
17,553
iJ68
2398
1.166
1,313
21,997
29.498
1,371
31599
5,000
11.166)
2.625
(18.312)
(30,124)
512
(16.162)
3,938
3,685
626
1,883
16.437
5,000
8.100
964
20,499
8,100
20.499
s.o(
5,000
3.250
154571
10.297
126 860
TOTAL FUNDS
Pag¢ 23
¢ontinued...

Cyngor ar Bopdkn Ceredlglon Cltlze
Advice Burea
Not￿ to the FIn*nC5￿ StstenJents- eontlnued
for the Year Ended 31 Mlrch 2025
16. MOVEMENT IN FUTr4DS. continued
Net Anov¢metst in fynds, indud¢d ith th¢ above ar¢ Bs follows..
Incoming
Resources
¢xpeLdrAI
Gains and
loss¢s
Movenient
iti fiEtsds
Unre5tr1eted
General fjjnd
89.439
(55.775)
(3.Q35)
30,629
R￿trfj¢ted fund
Warnier HO￿￿&
Advicelink (SAF)
Western Power Di4t
Cosy Ceredigion (ERS)
Er¢w Savings Trust Vou¢hetS
Energy Action Plan
WCVA-VSRF
Nqoondanec- Tk¢kling Fucl PoY¢rty
CC En¢w Vou¢h¢TS
Q>rnmunity Cohesion Small Graftts
sth￿¢
Citizens Advice- Basic Income Pilot
S¢h¢me
Welsh GoV¢rD￿<llt- Arces5 to Partnets
Citizens AdVi￿- Eu¢Tgy Casework
Citiz¢w AdVI￿- Rural fajnilies
Ctt¢digion Lounty Cowi¢il- CIAN
National Lottery- Yma Nawr
Cittzens AdYi¢¢- Carbon Mottoxide
Advice Project
ErKrsy Savings TnJsi- Cysyllt CoDD¢
Citizen's Advi¢e- En¢r8y Outre¥h Proj¢¢t
Ceredi8ion County Council- support for
ChreV5 Cafcs
Scottish Power Energy N¢twork Fu¢1
Poverty s￿¥1
34,839
256,973
(135)
(265,076)
{1,764)
{4,488)
{I,000)
(46,330)
(1,439)
(43,047)
{2398)
34,704
(&103}
(1,764)
{5.548)
{i.000)
{25.478)
{1,439)
{1.568)
(1998)
(1.060)
20,852
41,479
(1.1(￿)
(1.166)
5,094
6,720
11,544
(5,094)
(4.0951
(29.856)
{30.124)
169.416)
{66.696)
2,625
(18.312)
(30.124)
512
(16.162)
69.928
50.534
8,100
25,929
20.499
8.100
964
20.499
{24.965)
5,000
3250
559.681
597 689
TOTAL FUNDS
653 464
.379
Pvlge 24
continu￿...

Cyngor v Bopeth Ceredi¥ioA CStizens
Advict Bureall
Notes to the Finattciil St#ttthents- eontinued
fotr tho Year Ended 31 M8r¢h 2025
16.
MOVEMKNT IN FUNDS- ¢oDliJued
G)mpxra%iv¢8 for movem¢Dt In fund
Ne¢
movement
ID fimds
Transfer
bettv¢cn
At
31.3.24
At 1.423
Unre5tr1ct•d tund¥
Get)eral
D¢siBoated fund
284,577
24.20S
(18.779)
290,003
351.￿n
24205
(18,T19)
356.503
Rcltricted
Wanner Hom&%
Advicelink (SAF)
Westem Power Dist
Cosy Cewdigion (ERS)
Energy Sttvings Trt￿t Vou¢hers
Bntryy Aelion Plan
WCVA-VSRF
MOOnd￿￿- Tackling Fuel Povety
CC Energy Vouchers
Community Cohesiort SM￿1 GrarAts
S¢h¢m¢
CitiZCJk4 Advice- Q)st of Living Grant
W¢]8h Government Winter Capacity
Citix¢J)$ AdvAce- Basic Inwme Pilot
Scheme
W¢lsb Govertuncnt- Access to Partne
Citizens Advic¢- Energy CRsewoTk¢r
Citize￿9 Advi¢¢- Rutal Families
C¢rediBiOtt Couoty Council- CL4N
National Lottery- Yma Nawr
Money and Pension3 S¢rvic¢- Wcllbeing
3,187
3,076
1,764
(1.1921
(10.887)
1395
7,811
1,764
5,548
4.852
43,031
1,439
18.095)
13,643
4,852
15,903
1,439
27.128
(169)
169
1998
2,998
1,166
15,000
1.166
(12291)
(li)
12.709)
145
1.314
21,997
29.498
1.371
31599
(14
(i)
1.313
21997
29.498
lJ71
31599
154571
TOTAL FUIWS
110612
511074
P4e 25
ontinued...

Cyngor ar Bupetb C¢redlgion Citi•i$
Ad)4¢¢ Bur¢au
Notos to the FITh4Dclg1 Ststernents- conthiued
for the YeAr Ended 31 March 2025
16. MOVEMENT IN FUNDS- conthilled
cOmp￿tive Det movementin fuud8, in¢luded iu the above 4re 48 follows:
Incoming
resources
Resources
experLded
Gaills
losxs
Mov¢mets¢
UTrr¢•trl¢ted funds
G￿rro1 fjJnd
41.787
119.151)
ES69
24,205
R¢strlrt¢d fund•
Warnier Homes
Advicelink {SAF)
Cosy C¢r¢digiott (ERS)
EnergyAction Plan
Moond8ncr- Tackli￿ Fuel Pov¢rty
Citixejs Advir¢- C05t of Living Grdllt
Welsh Govcrnmcnt Winter Capacity
Ciir£ens Advi¢c- Basic Incom¢ Pilot
S¢hEm¢
Welth Government- Acce5S to Parttsers
Citizens Advice. Energy Casoworkn
CilizEn5 Advice- Rural F￿￿111
Ceredigion County Council- CIAN
Natiottal Lottery- Yma Nawr
Money alld Pettsions Senpice- Wellb¢ing
77.008
262,275
(78.200)
(273,162}
(8,095)
(28.757)
(41,648)
(12.291)
(10.iii)
{1,192)
{10,887)
(8.095)
27,128
{169)
{12,2911
(li)
55,885
41.479
10.100
5,7&4
6.563
34.629
53.440
74,798
60,687
5.000
(5.639)
(5,249)
(12.632)
(23.942)
(13.427)
(28,088)
145
1,314
21.997
29.498
1,371
32.599
687,648
41
TOTAL FUh￿s
729 435
620 392
110612
Page 26
continued..

Cyngor ar Bopeth Ceredlgion Citb£ns
Advi¢¢ Burts
to Ik¢ FlnAnclol Statemettts- ¢ontitku¢d
for the Y¢8T Rnd¢d 31 March 2025
I& MOVEMENf ￿ FUIYDS- eoottsu
A CUrr￿t year 12 nionths and prior year 12 combinedpositiiKL is as foHow8.'
Net
ov¢m¢nt
In funds
Transfers
betw¢¢o
fut￿$
At
31,3,25
At 1.423
Uorestrlcted funds
(lenrral fuud
Dcss8naled ￿Dd
284,577
66,500
54.834
(29.076)
310.335
66
351.077
54.834
{29.076)
376.835
Re8tr1cted fvnds
Warmer Hom
Advi¢eliAk (SAF)
Weat￿n Powcr Dist
Cosy Cercdigion {ERS>
Energy Savittgs TtU5t Vouchers
FnerBy Action P13n
WCVA-VSRF
Moondance- T&ckliti8 Fmel Poverty
CC E￿ergY Vouchets
CA)mmunity Cohesion sn￿ll Gr&nts
S¢hem¢
Ciiizens AdvAce- C05t of Livitig (Itattt
Welsh Governrnent Winter Capacity
Citizens Advice- Basic I￿orne Pilot
S¢h¢m¢
Welsh Governn￿￿- A¢c¢ss to PArtll¢rs
Cititrns AdvECe . Eurrgy Cas¢worker
citizet￿ AdvirK- Rural Familic$
Ceredigion cO￿ty Council- CIAN
NAtion81 Lottery- Yma Nawr
Mon¢y and Pensiors Sezvice- Wellbeing
Citizells Advice- Cthon Monoxide
Advice Project
F￿¢r£Y SAYiti8S Trn$t- Cyryllt ContteL*
Ciiizen's Advice- Euergy oUtr￿Ch Projcct
CwedigivD cO￿￿ty C(Iwies1- support for
Car¢es Caf
Stottish Power Energy Ne￿OrkFUC1
Povcty S￿1
3.187
3,076
1,764
33512
(18.990)
(1,764)
(13.643)
(1,000)
1,650
{1,439)
{1,737)
{2998)
36,699
15,914
13.643
4,852
15903
1.439
3.852
17.553
I,737
1998
1.166
15,000
{1,16S)
(12.291)
(li)
(2,709)
145
3,939
3,6&5
(626)
1.883
16,437
5,0
1145)
11)
3.938
3.685
626
1.883
16.437
s.￿0
8,1(Kl
964
20,499
8,100
964
20.499
S,0(￿•
126 860
TOTAL FUNDS
400 462
103
503 695
Page 27
¢onliuued..

Cyngor Ar Bopeth C¢redigion Cltl¥e
Advlce Burea
Notes to tb¢ FItt#Aclal Statern£nts- contlnued
for th¢ YeAr Ended 31 MArth 21125
MOVBMIU4T IN FUNDS- con¢lnued
A eurrcnt y¢8r 12 month8 priory¢ar 12 months cottthined net moYeth¢nt in funds. i￿l￿ded iti thc above are
as follows:
Incoming
resources
R&40urc¢s
exp¢rtded
Gains alld
10sSCS
Mov¢meDt
in fullds
UJre4tri¢t¢d fundb
General fund
131326
174926)
(1,466)
54,834
Re￿icted fund$
Warmer Homes
Advic¢lillk (SAF)
W¢stem Pow¢r Dis¢
Cory Ceredi8hon (Ekis)
Ellergy S4Yings TTr￿1 VOUCh￿S
En¢rgyA¢tion P18n
WCVA-VSRF
Moondan¢¢- Tackling Fuel Poverty
CC Energy Vou¢hex$
ComTnunity Cohesion Small (knts
Scbeme
Citiz¢ns A(hti¥x. C03t of LivADg Grallt
WelstL GDv¢Ttun¢ntWint¢r Capacity
Citizens Advic¢- Basic Income Pilot
Sehem¢
W¢ish Government- Access to Parinets
CItiZA￿ Advice. Energy C&8eworkcr
Citiz￿￿ AdYic¢- Rural Families
Ceredigion County Cvuncil- CIAN
National Lottery- Y￿a Nawi
Money and Pensions Service- Wellb¢in8
Citizen8 Adviec- Carbon Monoxide
Advice PrOj￿t
Ewgy Savings Trust- Cysyll¢ ConD¢cÉ
Citizen's Advi(*- Energy Oulreach Proj￿1
C¢redi810rt County Q>uD¢iL- 8UPPOrt for
Care*s Cafes
Scouish Power ED¢rgy N¢twork Fuel
Poverty Strrvic¢
111,847
519,248
(78,335)
(538.238}
{1.704)
(12.583)
(1,000)
(75,087)
11.439)
(84,695)
(2,998)
33,512
{18.990}
(1,764)
113,043)
(1,000)
1,650
(1.439)
(1.737)
(2.998)
11,060)
76.737
81958
(1.166)
{12,291)
(io.ii i)
(1.166)
(12,291)
(li)
10.100
ILI.878
13.283
46.173
53.440
144.726
111.221
5.OIK
(10.733)
(9,344}
(42,488)
(54,066)
(142.843)
(94.784)
145
3,939
3,685
(626)
1.883
16,437
s.￿0
8,100
25329
20.499
8,100
964
20.499
(24,965)
5.000
5,000
1247 329
(1198930
48399
TOTAL FUhTIS
73.856
1.46
103233
Pag¢ 28
continucd,..

Cyngor ar Mopeth Ceredlgton Citizells
Ad￿Ce Bure•u
Noteg to the Flnantlal Statements- eoThtinued
for the YeAr Ended31 March 2025
17. RELATED PARTY DISCLOSUIiES
Thtre were Lo relatsd paty tranwti0ty8 for theyear ettded 31 March 2Q25.
PaB¢ 29

Cyngor ar Bopcth Ctredlglon CIt17XllS
AdYic¢ BureAll
Detailed Statement of FiRantial Aetiviti
for the Yeir Ended 31 March 2025
31.3.25
31.324
INCOh£E AND ENDOWMENTS
Donatlons and legaeles
Donations
1.863
1,444
9985
7,444
Invethent lTrcome
Bunk Inter￿tr¢¢CAVea
3.068
3,827
Ch3rit*ble acllvltl¢s
Grants
559.681
687,648
Other 5neome
Gairl on sttlc of tsngibl¢ fixe4J assets
Miscellaneous
76,030
356
30,243
273
76386
30,516
Tothl InwJlll]zg reBour¢
649,120
729.433
EXPENDrruRE
Chkritybl¢ 4ctlvitles
Dir¢ct Costs- Wag¢s
Dir￿[ Cosrs
318,134
324,863
29.538
387,952
354.401
Support c¢)sts
Sajarics
Staff & volunle¢r costs
0￿1¢¢ costs
Premises ¢osts
Other ¢08ts
180.124
12,204
48,268
13,698
110
164,330
8,532
65,074
17.174
453
254,404
255.563
Coyernanee costs
Govtrnancc ¢osts
Totsl resoutt￿ ¢xpended
620
Nrt (exptrtdlture)nncotne b¢for¢ g8lD$ and
105
{4,344)
1(19.043
Reolised reeogmi$td 8&lni losses
carri￿ forward
(15,452)
98.615
This pag¢ do￿ uot fonllpart of th¢ 8ts¢utoryfiuwnGial 51ut¢m¢t
Pw30

Cyngor *vBopeth Cer¢diglon Clttrxnl
Adv1¢¢ Bur¢All
Del￿1¢￿ Stst¢in¢At of FinAn¢bl A¢dvltKes
for the Year Ended 31 MArth 2025
31.3.25
31.3.24
Reaii*d recognlied gRlni And 108ses
Bmu8FAt fotward
Reali991 gain￿{loS8¢s) ott fixed a$8¢t In￿$tMents
IIS,452)
98.615
Net (expendlturoYln¢oJne
IL0612
This pago doea ttot foun part of th¢ stathtory financial srateJn¢nts
Page31