2024-03-31-accounts

REGISTERED COMPANY NUMBER: 03407991 REGISTERED CHARrrY NUMBER: 1063949 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR DEWIS LIMITED B@van Buckland LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprlse Park Swansea SA7 9LA

DEWIS LIMITED CONTENTS OF THE FINANCIAL STATEIJIENTS FOR THC YEAR ENDED 31 MARCH 2024 Pagg Report of the Truste69 Report of the Independent Audltors 6 to 8 Statement ¢1 Flnanclal Actlvlties Statomont of Flnanclal POSI￿On 10 Statement of Cash Flows Notes to thè Statement of Cash Flows 12 Notes to the Financlal Statements 13 10 22 Detslled Statement of Flnanclal Actlvtties 23 to 24

DEWIS LIMITED REPORT OF THE TRIJSTEES FOR THE YEAR ENDEO 31 MARCH 2024 Th@ trustees who are also direclors of the charity ft)r the purposes of the Companies Act 2006, prasant their rgport with the financlal statements of th8 charity for the year ended 31 March 2024. The Irustees have adopted the prov181ons of Accountlng and Reportlng by Charitl6s,' Statement of Recommend8d Practice applicable to charftles preparing their accounts in accoidan¢e wllh the Financtal Reportlng Standard applicable in the UK and Republlc of Irel8nd (FRS 102) (effective 1 JanLtary 20191. OBJECTIVES AND ACTIVITIES Charltable Objects "lo carry on for thè ben8tlt of the communty tha buslnoss of providing housing and a550dated amenitles for persons in necessitous clrcumstances upon terms appropriale to their means and provlding for aged persons in need thereof houslng and any associa16d amenltles specially designed or adapted to m86t the disabllllles and r8qulrem6nts of such persons. In providing housing and as3ociated amenities for persons in necessltous clrcumslances, the charity is ablo to rent properti88 lo Ihosa In 8uch clrcumstanc8s." VISION Our vlslon 15 that we Ilv8 In a society whera youth hom616ssness 18 rare, temporary and excepllonal. Where every young person has access to support and th8 resourc8s to overtt)me homelèssnass and build a biighter future for themselve8. MISSION STATEMENT Our mi5slon statement is to allevlat8 hom&l8ssn6ss by providing sp8Ci81i8t 5UPPOrt to young peop￿, especially thos8 wilh complex needs, who are homeless or at risk of belng homalass, almlng lo improva th8ir current circumstances and build resili8nco for the future. We do this by offerlng flexlble, qualty supported houslng seNtces to meet incllvldual needs. We cr8a18 posltive chang8 and ind8pendence through coproduction wrth the young people who are the core of our dellvery comblned wllh responslve outcomes focussed support. VALUES o Respect, Promote and Encourage o Include, Consuyc and Support o Empower, Listen and Learn Signrficant activities Sumrnarfsed b81ow are th8 rafarrals and accommodation stalistics durlng the year. Supported Accommodation S¢heme No of Rafbrrals Received No of Refetrals Accommodated CIF Accommodated Total No Accommodated 39 13 Crlsis Support Scheme No of Referrals Received No of Referrals Accommtxlated CIF Accommodated Total No Accommodatsd 17 Rapld Support and Step Down Sch•me No of Referrals Received No of Referffdls A¢commodat@d CIF Accommodated Tot81 No Accommodated 10 10 14 Transltlon Support Schamo No of Referrals Recelved No of Referrals Acwmmodatsd CIF Accommodaled Total No Accommodated 29 11 10 21 Bond Board Scheme No of Referrals R8ceived No of Referrals Accommodated CIF Accommodated Total No Accommodated 108 13 24 Page 1

DEWIS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES Publlc bén8flt When plannlng our actlvitles for the year, wé hav8 consid&red th8 Charity Commlssion's guldance on publlc benefit, in Particular, Ihe focus of our acllvlltes contlnues to be provldlng supported accommodation and related s8rvices lo young people aged 16 - 25. We also work closely with all our partners to address identified neads withln the strateglas of tha Local Authorlty and Welsh Government. FINANCIAL REVIEW Prlnclpal fundlng sources The principal funding sources for the chailty aslde from rentd r6celpts from Housing Benefit payments are by way of grants and contract In¢ome malnly from Neath Port Talbot and Bridgend County Borough Councils and th8 W81sh Govarnm8nt. Under the Memorandum and Artlclgs of Association, the charity ha8 the powers to invest any way the trustees wish, The Trustees, havlng regard lo the Ilquldlty r8qulr8m8nts of oparatlng tha charlly and to th8 reserves policy, hav8 tha intention of keeping any surplus funds avallable in intsresl boarlng dep081t accounts. ReseNes pollcy The Board has set out the charlV3 reserve policy to enabla Iruslees to be in proper financlal control of the organlsatlon and m881 its legal obligations. The reseNe pollcy is a product of the charftws stratégic planning, budg8ting and risk management process. Thls policy is non static and will be revlewed on an annual basls by the Board of Trusloos. The Board has sel the resarvas policy basad on th& following'.- -contingency planningwcritiC81 c05ts -Reserves to me8t Ihe medium term strategic plan -ReseNes to match any capital spend -Any remaining resarves reprosonts the 'lru@ frea re88rv88' of the charity On reviewing the reserves pollcy annually the Board I￿11 r8Vi@w thg organisation's financial circumslanc88 and operational environment and ensure that the level of reserves Is monitorad as part of th8 budget and financial r8POrtlng process. Page 2

DEWIS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENTS AND IMPACT DURING THE YEAR During 2023-24 we received 203 ￿ferraIS for accommodation. A lolal of 94 young p8op18 W8r@ accommodated across our servlces and supported to 8nable thgm to develop the Independen¢e sk111s and houslng relatad support outcomes they need to move on into sustainabl8 accommodation. We resecured all accommod4llon servlces in Brldgand through procurement activitles, and mobilised an addlllonal stop-down accommodation unit as an addition to our contract. Alongside thi8, we and Increased our footprlnt In Neath Port Talbot, expandlng our number of units of accommodation to a total Df 35 acrogs both areas. We received ongoing support from Lloyds Foundation Grant and access lo Enhanc@ consultants to en8ble us to deliver our Strategic and Buslness Plan. PROGRESS AGAINST OUR STRATEGIC PRIORITIES 2023124 We successfully dellverad our Business Plan Objectives under our three key strands.. Building Strengths., Agility., Collaborallon and Innovatlon across the year. We achieved our outcomes as delalled below: 1. Bulldlng Strongths We reviewed and refreshed our Reward and R8cognitEon Policy to furlher recognise the ¢ontrlbutlon of long-5tandlng amploye8s. We worked on our recNitment strategy to 8nsur8 r&placement and new posis were progressed and filled. W8 reviewed and updated our Case Management Syslem lo Include the new Housing Support Grant Outcom6s and refreshed our website to reflact our current and buildlng WO￿ We engaged in networf( év&nts to promoté and Celebrate our workwth young péople. 2. Aglllty We engaged positlv8ly ￿th those who ¢omm188lon our seNices lo understand the local challengas and promoted our 'can do, culture to support them In maetlng the presenting ll￿ds. Wa updated our timellne of contractual renewals lo prepare 8nd position ourselves for retender and new tandarlng opportunit188 and r8spond8d to these opportunilios, re-sècurfng and further doveloping our supported accommodation portfolio. Wè r@18sled our d81iv8ry s&rvic8 models, staffing models and financial mod@Is for rigour, and have expanded our delivery team In Iln8 with our additional contra¢lslunltS Df accommodation. W8 adapted and improved our services in line ￿th best practice and lool pttorily n86ds. We achieve Ihls by further developlng our work with the Piivat8 R8nt8d Sector Landlo￿$ to secure properles to create trainlng flat rnodels to respond proactlvely to mova on opportunltl@s for young p60ple, and by repurposing a property to incrgase th@ number of units of a¢wmmodatron. We have contlnued to respond to th8 wellbeing n8eds of those we support through Dur South Wal8s Police Commissioners Office Adverse Childhood Exp&rienGes Funding and ongoing Reglonal Sntegratsd Funds to improv8 OUtcom8s for those we support. 3. Collaboratlon and Innovation We engaged posltively with our partn￿￿ through participation in National, Regional and Local consultation, w0￿shopS and forums. We used feedback from our slakéhold8rs indudin9 the young people we support, professlonals who support them and commissioner5 to feed Inlo our service improvemants, and used this leaming in our retendering and service dav8lopm8nt work We devetoped and adopted our Fundralslng Strategy with support from our Lloyds Enhance Consultant We worked ￿th commi88ion8rs to 8Xt8nd our footprint in Neath Port Talbot and Bridgand, d8veloplng and repurposing *rvtces lo meet presentlng needs., and ended the year preparing to moblllse a fijrther Unac¢ompanled Asylum Seeking Children's Supported Accommodallon S&rvice lo increase of number of units to 39 for the start of 2024-25. FUTURE PLANNING We undertook our annual Business Planning pro￿$Se$ In Quarter 4, working wlth our Trust88s and Staff Team, and reflecting on feedba¢k from our stakeholders to plan for the 2024-25 Financial Year under the overarching umbrella of our Strategic Plan 2022-2027. During 2024-25. w@ will be reflecting on our IraL¢ma-informed and slrength-based work to upda18 our staff training, and refresh our practice. Importantly. wa will b6 continuing to review our offer to respond to the future noeds of those who commlsslon and are a¢commodat8d within OUT seNl¢as. STRUCTURE, GOVERNANCE AND MANAGEMENT Govomlng document The charity is controlled by its governing docum8nt, a deed of trust. and conslilutes a limited ¢ompany, limited by guarantee. a$ dèfinod by the Companies Act 2006. The organisalon was first established In 1987 as Port Talbot and Afan Single Housing Society. Duttn9 1997 the charity changed ils name to Dewis and the organlsation bacame a charitable Company limiled by guaTrinlee, Incorporated on 18 July 1997 and registered as a charity on 13 August 1997. The company was eslabli8h8d under a Memorandum of Association, whlch established the objects and powers of the company and is govemed under Its Articles of Association. In the event of the company bèlng wound up memb8rs are required to contribute an amount not exceeding £1. Recrultment and appolntmont of new truste8s Th8 trust88s who are also directors of the charfly for the purposos of Ihg Compani8s Act 2006, present thelr report with the financlal statsrn8nts of the charity for the year ended 31 March 2024. The trustees have adopled the provisions of Ac¢ounilNg and Raporting by chariti￿.. Statement of Recommended Pracllce applioabl8 to charities preparing Ih8ir accoL¢nts in accordance wtth the Financlal Reporting Standard applicabl8 in the UK and Republlc of Ireland IFRS 102} (effective 1 January 2019). Page 3

DEWIS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGENENT Oryanlsational structur Dewls Limited has a Board of Trust6es, which m8ets on 8 quarterly basis and 18 responslble for the stratsgies and pollcies of the chadty. A scheme of delegation is In place and day lo day responslbillty for the provision of lh8 S8rvlces rests wllh the Dlrector and the Senlor Laadershlp Team. Inductlon and tralnlng of nèw trustees Each Board member wtll receive g Terms of Referenc6 and Trustee Cod6 of Conduct, Truste8s If appoint8d to specific roles such as the Chair, Vice Chalr or Treasurer will re￿1ve detalled role descrlpilons, There Is an inttial Indu¢tion whara the trainlng needs of each Trustee are considered through a skills audit exercise. Formal tralnlng if réquired Is acc@ssed based on Id8ntifi8d n88ds. Rlsk management The Trustees actively 18vlew tha ma}or rlsks whlch the charity faces on a quarterly basis and belleve thal maintaining our free reserves at the levals stated In the nots 15 in the Financlal Stat8m8nls. combin8d with our annual review of thè controls over key flnancial systems cathèd our through an intgmal audtt programme, will provid8 8uffici8nt r88our¢e8 in the event of adverse conditions. The Trustees have also examlnad other opèratlonal and business risks which wa face and confirm ihat they have e8tabli5hed system8 to mitigate the slgnificant risks based on a cycle of contlnuous rèvlew. REFERENCE AND ADMINISTRATIVE DETAILS Reglst8r•d Company nurnb8r 03407991 (Not spe¢lfiedlOther} Roglsterad Charlty number 1063949 Reglst8red office 47 Slatlon Road Port Talbol West Glamorgan SA13 1NW Trustees Mrs L Evans (resigned 9.5.241 Ms C Dunstan Mrs M Pilllnar MrJ N Davles Mrs R Teagu6 Mr K Hedges lappoinled 10.1.241 Audltors Bevan Buckland LLP Chartarèd Accountants And Ststutory Auditors Ground Floor Cardigan Housg Castle Court Swansea Enterprise Park Swansea SA7 9LA Solicltors JCP Solicitors Venture Court Waterside Business Park Valley Way Enterprlsa Park Swansea SA6 8QP Bankers Lloyds TSB stailon Road Port Talbot SA13 1JA Page 4

DEWIS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees {who are also the directors of Dewls Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Slandards (Unit8d Kingdom Generally Acc8Pted Accounting Practic81 including Financial Raportlng Standard 102 rh8 Financial R6POrtlng Standard applicable In thg UK and R8publlc of Iraland" Company law requires the trustees tc prepare fin8n¢lal ststements for each flnanclal year whlch glve a true and fair view of the state of affairs of the Charitable company and of the incoming rosources and application of resources, including the incom@ and expenditure, of the charitable company for that p@riod. In preparing those financial 8tat8m8nts, the trustees are requlrod lo select sultable acwunting pollcies and then apply them consislenily,, observe the methods and prlnciples In the Charlty SORP., mak8 judgements and estimales that are reasonable and prudent., propara tha flnancial statements on the going concern basis unlass It Is Inappropriate to presume that the Charitable Company￿11 Con￿nUe In buslness. The Irustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any tim8 th8 financial position of th8 charitable company and 10 8nab18 them lo ensure that th8 financial 818temenls comply wlth tho Compan1￿ Act 2006, They are also r88ponsible for 8afaguardlng the assets of th8 charltable company and hen￿ for taklng reasonablé steps for the preventton and detsctlon of fraud and other irregularities. In so far as the trustees are aware,. there Is no rel8vant audlt Informallon of whl¢h the Gharitabl6 companws audltors are unawara; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit infomiation and to establlsh that Ihe auditors aro aware of that infomiation. AUDITORS The auditors. Bevan Bu¢kEand LLP, will be proposed for re-appointment at the forthcoming Annual Genera5 Meeting. Approved by order ofthe board oflru8t88s on ................... . and signed on its b8haff by.. Mrs R Teague- Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBEII8 OF DEWIS LIMITED Oplnlon We have audited the flnanclal stat8m&nts of Dowis Limited Ith8 'charltable company'l for the year endad 31 March 2024 which comprise the Statement of Financial Actlvi118S, the Statsment Of Financlal Position, the Statemenl of Cash Flows and notgs to th8 financial ststements, includlng a summary of slgnificant accounting policies. The flnandal r6pordng framework that has been appSled in their preparatton Is applicable law and United Kingdom Accounting Standards Iunlted Klngdom Genarally Accepted Accounting Practi￿), includlng Flnancial Reportlng Stsndard 102 'Th8 Financial Reporting Standard applicable in tha UK and Republic of Ireland,. In our oplnion th@ financial statements.. give a tru& and fair view of the stats of the charitabl8 companls afFalrs as at 31 March 2024 and of ils incomlng resources and appllcation of resources, including its income and expenditure, for the year then ended., have been properly prepared In accordan￿ wilh United Kingdom Generally Accepted Accounting Practice. includlng Flnan¢lal Reporting Standard 102 'The Flnanclal Reporting Standard applicable In the UK and Republlc OF Ireland and hava be&n prepared in accordance with the requlraments of the Companl&s Act 2006. Basis for opinlon Wo cnnducted our audit in accordance with Internation21 Standards on Audltlng (UK) (ISAS IIJK}) and applicable law. Our responsibilities undar those standards are further des¢rtbed In tho Audltors, rasponsibililies for the audit of the nancial slalemants section of our report. W8 are independent of the charitable company in accordance with the Sthical requirements that are relavanl to our audit of the fillancial statements in the UK, including th8 FRC'S Ethical Standard, and we have fulfllled our other elhlcal r8sponsibllilies in accordance with these requlrements. We b611ave that tha audll evidence w8 have obtainedls sufflclent and 8pproprfaté to provid8 a basls for our opinion. Concluslons relatlng to golng conc8rn sn aijditing th@ financial slatem9nts, we have concluded that the tnJ8t8es' us8 of the going concern basls of accountlng In tha preparation of tho financial statements Is approprlate, Based on the WO￿ we havo perfomi8d, we hav6 not identified any materlal uncertaintles ralallng lo gvents or conditions that, individually or collecdvely, may cast significant doubt on the charftable companvs ablllty to continue as a golng concem for a period of at least iwelve months from wh8n th8 financial statemenls are authorised for Issue. Our r8sponsibiliti88 and the responsibilities of the trustees wlth respéct to going concern ar8 described in the relevant sections of thls report. other Infomiation The trustees are r6sponsib18 for the other information, The other information comprlses th8 infonmation included in the Annual Report, ¢)ther than th8 financial 81atemenls and our Report of the Independent Auditors th8r80n. Our opinion on the financlal statements doés not cov8r the oth8r informalion and, except to the extént otherwise axpllcilly stated in our report. we do not express any form of assurancg conclusion Ihareon. In connection wlth our audit of tha financial slal8ments, our responsiblllty Is lo read th8 oth8r infomiation and, in doing so, consider whether the other Information is materially inconsistent with the finandal statements or our knowladgo obtained in the audit or Othe￿￿lse appears to be matarially misstated. If w8 id8ntify such material inconsistencles or apparent material misslatements. we are reqUI￿d to determine whethar thls gives ri88 lo a matellal mis5talement in the flnancial statèm8nts Ihem8elves. If, based on the work we have perfonned, wa condude that there is a mat8rial misstat9ment of Ihls olhar infomiation, we are required to report that fact, We have nothlng to report in this fegard. Opinions on othor matters prescribed by the Companles Act 2008 In our opinlon, based on the wod< undertaken in the course of the audit.. the Information given In th8 Report of tha Trust68s for th8 financlaS year for which tha financial stat8ments are prepared is consistent wlth the financia5 statem6nts,' and the Report of thè Trustees has been prepared In accordance wllh applicable legal r8quir6ments. Matters on which wo are requlred to report by Oxceptlon In tha light of tha knowledge and understanding of the charit8ble company and its environment obtained in the course of the audit, we hav8 not identified matarial misstatements in the Report of. the Trustees. Wè hav8 nothing lo report in respect of the follow1ng matters wharè tha Companies Act 2006 ffquires us to report to you If, In our opinion: adequa18 accoLtnting records have not been kept or returns adequate for tsur audit have not been rec&ived from branches not visited by tjs, or the finanual statements are not in agreement wlth tha accounting records and retums., or certaln disclosures of Irustee8' remuneration specified by law are not made,. or we have not r8celved all the information and eXplana￿on$ we require for our audit,. or Ihe trustees were not entitl&d to take advantag8 of the small companies exemptlon from the requirement to propar@ a Slrat8gic Report or in preparing Ihe Report of tha Trustees. Page 6

REPORT OF THE INDEPENDENf AUDITORS TO THE MEMBERS OF DEWIS LIMITED Responsibilitie$ of trustees As explained more fvlly In the Statem8nt of Trustees, Responsibilltles, the tNstees (who are also the dlrectors of the charftabla company for th8 purposes of comp8ny18w) are re8pon8ib18 for th8 preparation of the financial statemenls and for belng satisfied that thoy glvg a trug and falr vlew. and for such Intemal control as the twstees d818rmin@ is necessary to enable the preparation of flnancial statements that are free from materlal mlsslal8m8nt. wh8th8r due lo fraud or error. In pr&parfng the financial statements, th6 trustèes are responsible for assessing the charitable companV5 ablllty to continue as a going concérn, dlsctosing, as applicable, matt8rs related to going concem and using ttle going concem basis of accounllng unless the Iruslees eithgr intand to liquldatè tha charitable company or to cease operations, or have no r&alistic alternative but to do so, Our responslbllltles for the audlt of the flnanclal statements Our objectives are lo obtaln reasonable assuranc8 about whether lh8 financlal statements a$ a whole are fr88 from material mi68tatem8nt, whether due to fraud or error, and lo Issue a Report of the Independent Audltors that include8 our opinion. R&asonabl8 assurance 18 a high level of assurance, but is not a guarantee that an audit conducted in 8c¢ordan¢e wlth ISAS {UK} will always detect a materlal mlsstat8mant when It 6xists. Misstatements can arise from fraud or error and are considered materlal If, Indlvldually or in th8 aggr8gat8, they aould reasonably ba expected to influ8nc8 the 8conomic decislon$ of users taken on the basls of these financial ststements. Thg @xtent to which our proc8dur&s ar8 capable of detecting irregulartti&s, including fraud is detsiled below- Extent to which the audit was consldered Capable of dete¢tlng Irregularltles, In¢ludlng fraud W@ idgntlfy and ass988 the risks of matgrial misstatement of the Financial Slalements, whelher due to fraud or error, and then, deslgn and p&rfomi audit procedures responsiv8 to thos8 risks, including obtaining audit evidenc6 that Is 8uffi¢ienl and approprlate to provide a basis for our opinion. W8 discu88ed our audit independence compSytng with the Revised Ethical Standard 2019 wlth the engagement team mambars whllst planning the audit and continually monilor8d our indep6ndence throughout the proce3S. Idantifying and assessing potential risks related to Irregularltles. In Id8ntifylng and 888essing risks of material misslatement in respect of irregularities, includlng ￿￿d and non-compliance wlth laws and r8gulalions, our procedures included the following: enqulring of management, Including obtainlng and raviawlng supportlng documentation. concerning the charltabla companls policies and procedures relallng to.. a) identifytng, evaluating and complying with laws and regulations and whether they were aware of any Instances of non-compllanca. b) detecting and responding to th8 risks of fraud and whether they hav8 knowledge of any aclual. suspected or alleged fraud., c) the intemal controls established to mitigate risks related to fraud or non-compliance with laws and ragulations. discussing among th8 &ngag8ment team how and where fraud might ocGur In the flnanclal statements and any potentlal indlcators of fmud. obtalnlng an understanding of the legal and r8gulatory frameworks that the charitable company op8rat&s in, focuslng on those1aw8 and regulatlons that had a direct effect on the flnancial statements or that had a fundamental eff8ct on the operations of th8 charitable company, the key laws and regulations we considered In thls cont8Xt included Ihe UK Companles Act and relevant tax legislation. Audit respon56 to risks identlfled In addition to the abov6. our procedures to respond to risks idenlrfied includBd the following.. reviewing thè flnancial slalemenl disclosures and t&sting to supporting documentation to asses8 compliance with relevant law8 and regulations., @nquiring of management Concerning actual and potenti81 litigation and clalm$', performing analytical procedures lo identlfy any unusual or un8xpeGted relationships that may indiixte risks of material misststement due lo fraud., - reading minutes of meellngs of those charged wllh gov6rnanca', in addressiny the risk of fraud Ihrough mgnagament ov8rrid8 of controls, t8Sting the appropriatènèsg of Journal @ntiies and other adju8th8nls', - assessing whèlh8r tha judgem8nts made in making accounting estimates are indicative of a potential bias., and evaluating the oparational ratlonale of any significant transactions that are unusual or outside the normal course of operatlons, We also communicatad r818vant identified laws and regulations and pot8ntial fraud risk8 to all engagem8nt 16am members and remalned alert to any indicaljons of fraud or non-CA)mpllanca with laws and regulatlons throughout th8 audit. A further description of our respDnslblllliès for the audit of the financial ststements is located on the Financial Reporting Council's website al www.frc.org,uklauditorsresponsibililiÈs, This description fonrs part of our Report of the Indap&ndent Auditors. Page 7

REPORT or THE INDEPENDENT AUDITORS TO THE MEMBERS OF DEWIS LIMITED Use of our report This report is made solely to the charitable companls mambers, as a body, In accordance with Chapter 3 of P8rt 16 of th8 Companies Act 2008. Our audit work has been undertaken $0 that we might stata to th8 charitable wmpany's m6mbar3 Ihos8 matters we are required to stale to them In an audltors, report and for no other purpose. To the fullest extent permitlgd by law, we do not accept or assum8 r8sponsibility to anyone other than the charltable company and the charllable companls members as a body, for our audit work, for this report, or for the oplnions we have fonned. Lllnos Wllllams (Senior Statutory Audltorl for and on behalf of Bavan Bucktand LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castla Court Swansea Enlerprlse Park Swansea SA7 9L4 Data: ..i.s,.l.10.l..w..z.4....... Page 8

DEWIS LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Total funds 2023 Total funds Unreslricled funds Reslricted funds Notes INCOME AND ENDOWMENTS FROM Donatlons and legacles 1,286 1,286 3,907 Charltabla actlvltles Chatitable Acdvitl8S 1,077,659 123,129 1,200,788 947,200 Investment income Olh8r income 7,849 16,820 7,649 16,820 4,579 46,744 Total 1,103,414 123,129 1,226.543 1,002,430 EXPENDITURE ON Charltable actlvltles Charitabl& Activities 1,103,700 118.291 1,221,991 995,914 NET INCOMEI{EXPENDITURE Transfors batWg•n funds (2861 139 4,838 (1391 4,552 6,516 18 Net movomont In funds {1471 4,699 4.552 8,516 RECONCILIATION OF FUNDS Total funds brought forwan 741,502 9,901 751,403 744,887 TOTAL FUNDS CARRIED FORWARD 741,355 14,600 755.955 751,403 The notes fotin part of these financial slalem8nts Page 9

DEWIS LIMITED STATEMENT OF FINANCIAL POSITION 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestrfcted funds Restricted funds Notes FIXED ASSETS T8ngib18 assets Inv8slments 12 13 251,538 85,000 6.600 258,138 85.000 266,224 336,538 6,600 343,138 268,224 CURRENT ASSETS Debtors Investments Cash at bank and In hand 14 15 138,809 139,479 160,616 138,809 139,479 168,616 129,450 220,752 166,478 8,000 438,904 8,000 446,904 516,680 CREDITORS Amounts falling du6 Wtthin Dn8 y6ar 16 (34,0871 134,0871 131,501} NET CURRENT ASSETS 404,817 8,000 412,817 485,179 TOTAL ASSETS LESS CURRENT LIABILITIES 741,355 14,600 755,955 751,403 NET ASSETS 741,355 14,600 755,955 751A03 FUNDS Unrestricted funds Reslrict8d funds 18 741,355 14,600 741.502 9,901 TOTAL FUNDS 755,955 751.403 These financlal statsments hav8 bagn praparad In accordance wlth the provisions applicable to charttable companles subject to the small companies regime. The fina cial stalemenls were approved by the Board of Trustees and authofised for issue i.s.?io./.I on and w8re signed on its behalf by., Mrs l Teague - Trustee The notes form part of these financial statements Page 10

DEWIS LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from Opera￿ng actlvltles Cash generatad from operation5 11,784} 1,320 Net cash (used in)Iprovldad by oporating activi1188 11,784) 1,320 Cash flows from Investlng actlvltles Purchase of fixed asset Investments Purchas6 of current investment Intere81 received (85,0001 (3,727) 7,649 4,579 Nel cash {used Inyprovided by investing actlvltles (81.078) 4,579 Cash flows from flnanclng actlvltlos Intsrest to current deposit invest Funds received frorn currenl investsnents (752) 85,000 Net cash provlded byl(used In) flnanclng activiti8S 85,000 1752) Change In ¢a5h and cash equtvalents In th8 reportlng porlod Cash and cash oquivalents at the beglnnlng of the rÈportlng pertod 2,138 5,147 166,478 161,331 Cash and cash aqulval&nt8 at the end of the roporting perlod 168,616 166,478 Th6 notes form part of these financial statgmenls Page 11

DEWIS LIMITED NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net Income for tho reporting pgriod (as per the Statement of Flnanclal Activlti8sl Adjustments for: Depreciation charges Intere8t received Increasa in d&btors Incrgase in Creditors 4,552 6,516 8,086 {7,6491 (9,359) 2,586 8,418 (4,5791 {19.241) 10,206 Not cash (used inllprovided by operatlons (1,7841 1,320 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash ftow At 31,3.24 Nat cash Cash at bank and in hand 166,478 2,138 168,616 166,478 2,138 168,616 Llquid resources D8P08its included in cash Currant ass8t inv8slm8nts 220,752 181,2731 139,479 220,752 (81,273) 139,479 Total 387,230 (79,135) 308,095 The notes form part of these financlal slalemgnts Page 12

DEWIS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of preparing thè financial stat8monts The financlal statémants of th8 charltablè company, which Is a publlc b8naflt 8ntity und8r FRS 102, hava baén prepared In accordance wtth the Charllles SORP IFRS 1021 'Accounting and Reportlng by Charities., Slatemgnl of Recommended Practice applicable to charities preparing Ihelr accounts in acoord8n¢e with the Financial Reporting Standard 8pplicab18 in the UK and Republic of Iwland {FRS 1Q2) (effective 1 Jenuary 2019}', Financlal Reportlng Standard 102 'The Financial Reporting Standard appllcable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statemants hava been preparad undar th6 historlcal cosl convention, wtth the exception of invastments which are Included at markot value, Incomo All income Is recognlsed in the Statement of Flnanclal Adlvltles On￿ the charfty has endtlemgnt lo thé fvnds, it 18 probable that fhg Income wlll be reGelved and the amount can be measured reliably. Voluntary Incom8 is r8cgived by way of donatlons and gift& and Is Includad in full In th8 Statement of Financlal Activllies when reTrlved. Gifts In ktnd are valuad at th8lr gstlmatsd value to th8 chartty and included under the appropriate headlngs. Grants for Immediate exp8nditur& ar8 accountad for when Ihey become receivable. Grants received for speciflc purposas ar8 ItBat8d as restricted funds. Grants réslricled to fijturé accounting periods are d8ferrgd and recognlsed In these periods. Expandlture Llabllllles are recognlsed as expenditure as soon as there Is a legal or Consbuctlve obllgalon commlttlng the ch8rity to that expenditure, it is probable that a transfer of economic benefits wlll be required in settlement and th8 aEllount of the obligation can be measured reliably. Expenditure is accounted for on an ac¢ruals basis and has b89n classified under headings that aggregats all cost r8tated to th8 ca18gory. All costs are allocated be￿een the expenditura catsgorfes of the SOFA on a basls dastgnod to r@flect tha use of the resou￿. Costs relating to a parti¢ular activlty are allocated dlrectly, others are apwrtioned on an approprlat@ basis e.g per scheme, estimated usage. Tangible fixed assets D8precialiDn is provided al the following annual rates in oKler to write off each a55el over its estimated useful lif&. Freehold property Fixtures and rrttings 2% oncost 150A on cost Thare Is no d8preciation on land. Asset8 below £500 are not capitallsed but induded wlthln expens&s. Taxatlon The charity Is exerrpt from corporation lax on its ¢harflable aGtivities. Fund aecountlng Unrestricted funds ¢an be used In accordance wlth the charltable objectives at the dlscretion of the tfustees. Restrlcted funds can only be usgd for partlcular rgstrtctad purpos8s wilhln tha oblecls Df the charity. R8Strlcllons arlse when specified by the donor or when funds are ralsed for partlcular restrtcted purposes. Designatsd funds are unreslricted funds earmarked by the Board for particular purposes falllng In future lime parlods. D8slgnaÉgd funds in plaGÈ as at 3181 March 2024 8r& to covèr futura proj8cI 8XP@ndilur8 not yel Incurred, Pension costs and othgr post-retirement benefits The charitable company operates a defined conkn'butlon pension scheme. Contrtbutlons payable to the charitabl8 company's pension scheme are charged to the Statement of Financial Activitles in the period to which Ihèy rèlate. Page 13 continued...

DEWIS LIMITED NOTES TO THE FINANCIAL STATEMENTS - contlnuod FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES . contlnued Allocation Df 5UPPOrt and govei'nance ¢ost$ Support costs ar9 those functions that assist the work of the Charitablo Company bul do not dlreclly undertake charllable actlvltles. Support Costs hava bean allo¢at6d bal￿een governance costs and other support costs, Governance costs comprise all cosls Involvlng the publlc a¢counlabillty of th& Charltab18 Company and its compliance with regulation and good practice. Thesa ¢osls Includ& costs related to Sta￿tOry audlt and lagaS fees togelh9r with apportionment of overhead and support costs. Oporatlng lease agreements Rentals applicable lo operating leases where substantially all of the ben8flts and rfsks of ownership remains wlth th8 lessor ara chargad to th8 statement of financial activities on a stralght-llne basis over the period of lh6 lease. Flnanclal instruments Th6 company has 818Ct8d to apply the provisions of Section 11 'Baslc Flnancial InstNments' and Section 12 'other Flnanclal Instruments18SUgs' Df FRS 102 to all of Its ffinancial instruments. Financial instNments are recognised in the (sjmpany's balance she81 when the company b8com8s paty to the contractual provisions of the Instrument, Flnanclal assets and li8billll8s ar8 offsat, with the net amounts presented in the financlal slatements, when the is a legally énforceabla rlght to set Dff the recognised amounts and there is an intention lo settle on a net basis or to rea1156 the asset and settle the liabillty simultanaously Baslc flnanclal a880ts asi¢ flnanclal assets, which Include debtors ancl cash and bank balances, are inilially measured al transaction price including transactlon costs and are subsequenlly carried at amortlS8d cost using the eff@cliv8 inl&r8St m8thod unless the arrangement constitutes a finan¢lng IransaGtlon, where the transactlon Is maasur8d at the pr68ent valu8 of lh8 future rbceipis discounted al a market rate of inlerest. Flnancial assets Classified as recaivabl8 Within on8 y8ar ar8 not amortl88d. Cash at Bank Cash al bank and cash in hand includ88 Cash and short tenn highty liquid investments a short malurity of three months or less from the dal@ of acquisition or opening of the d8POSIt or similar account. Debtors Short tem debtors are m@asur8d at transaction price, less any impairffl6llt. Impaimient of financial assets Flnanclal assets, oth8r than those h61d at fair valu8 through profil and Ioss, are assessed for indicators of impaliment at each reporting end date. Financial 85sets are impaired where there is objectlve evidence that, as a result of one or more events that occurréd aftar th@ initial recognition of the financial ass8t, th8 estimated future cash flows have been affected. If an asset is Impaired, thg impalrmant loss Is th@ difference ba￿e￿n the carrying amount and ihe present value of the estimated eash ftows dlscounted at the asset's original 6ff6ctive inter88t rate. Th& impairmgnt Ioss 18 recognised in profit or loss If theré Is a dacr8ase in th6 impairment loss arising from an event occurrtng after the Impalrment was recognlsad, tho impalrment is rgvefsed. Tha reversal is such that the current Garrying amount doe8 not exceed what the carrying amount would have been, had th8 Impairmant not pravlously been recognised. The impalrmant reversal 18 recogni66d in profft or loss. Baslc flnanclal Ilabllltles Basic flnancial liabilities, including creditors,that are classlfied as debt, ara [nI￿allY racognised at Iransa¢tlon price unless the arrangement conslilules a financing transaction, where the debt instrument is measured al the present value of th8 futur& payments discounted at a rnark8t rate of interest. Financial liabilitie3 dassified as payable Mdthln one year are not amortised, Trade creditors ar8 obligations to pay for goods or 8eNices that have been acqulred In the ordinary course of business from suppllars. Amounts payable are classified as current liabilities if payment is due wlthln one year or less, If not, they are presented as non-curr8nt liabllities. Trad6 creditors ar8 r8cognis8d initially al transaction price and subsequently messured at amortised cost usln9 the effective Interest mathod. Page 14 Gonllnued.

DEVillS LIMITED NOTES TO THE FINANCIAL 5TATEMENTS-contlnued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - continuad Credltorg Creditors and provlslons are recognised where the Ghailly has a present obllgatlon rgsultlng from a pasl event that will probably result in the transfer of funds to a Ihlrd paty and the amount due to settle the obligation can be m8asured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any dlscount duo. Functlonal and Presonfation Cuffency The company's functional and prgsentation currency is pounds sterling. Golng Concorn The Truste88 consider that thero ara no material uncertainties about the Charitable Companvs ability to ¢ontlnue as a going concern. DONATIONS AND LEGACIES 2024 2023 Donations 1,286 3,907 INVESTMENT INCOME 2024 2023 Inlerest recewable 7,849 4,579 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Charitabla Aclvlti8s Charitable Adviti8s Charitable Activltles Charftable Aclivities Charttable Activities Rant recelvable BCBC Contract RSASDS NPTCBC UASC Contract NPTCBC CSS Conlract Grnnls 434,302 389,057 38,197 188,191 151,041 408,977 213,460 16,776 165,070 142,917 1,200,788 947,200 Grants recerved. included in the abovo, are as follows: 2024 2023 NPTCBC Food Povety WG Bond Board Granl WG TSS Grant Lloyds Bank Foundation Moondance Grant Mental Health Grant TSRF Grant NPT CVS-Youlh Grant South Wales PDlice ACE'S Grant BAVO Grant Crimo Beat W881 GlamoffJan M Davies Grant NPTCVS Dlscretionary C.O.L NPTCVS Youth Fund 5,000 35,648 44,808 25,000 8.000 12,017 4,000 35,647 42,272 25,000 6,203 12,017 12,476 1,000 3,552 750 13,156 2,000 912 3,500 1,000 151,041 142,917 Page 15 Continued.,,

DEWIS LIM￿ED NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2024 CHARITABLE ACTIVITIES COSTS Support costs15ee note 6} Dir8cl Costs Totals Gharltable Aclivllie5 1,197,326 24,665 1,221,991 SUPPORT COSTS Support costs Chadtable Activttles 24.665 NET INCOMEI{EXPENDtTURE) Net incomellexpendlturel Is ststed after charginpJ{credlllng): 2024 2023 Audltors, remuneration Dep￿cIatIon- owned assets 10,920 8,086 7,001 8,418 TRUSTEES. REMUNERATION AND BENEFITS The Irust8es r6c8ived no emoluments from the charitable company, Trustees. exponses No truste88 were raimbursed expenses in 2023. In 2022 one tNstees was reimbursed expenses durfng the year totalllng £16 for Irav61. STAFF COSTS 2024 2023 Wages and sal4rles Olher pension costs 714,219 24,951 577,511 19,431 739,170 596,942 Th? average monthly number of employees durins the year was as follows. 2024 2023 Senlor Managemgnt Team Office Staff Support staff 21 18 25 20 No employees received emoluments in ex¢oss of £60,000. Page 16 ontlnued...

DEWIS LIMITED NOTES TO THE FINANCIAL STATEMENT8 - continued FOR THE YEAR ENDED 31 MARCH 2024 10. KEY MANAGEMENT Tho total employea benefits of the key management personnel of the charity were £97,326 (2022 £97,483). 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds R85tricted runds Total fvnds INCOME AND ENDOWMENTS FROM Donations and18gacies 3,907 3,907 Charltable actlvitles Charitable Activities 615,823 331,377 947,200 Inv8slmènt Income Other income 4,579 46,744 4,579 46,744 Total 671,053 331,377 1,002,430 EXPENDITURE ON Charitable actlvttles Chartlable Activtts8S 642.195 353,719 995,914 NET INCOMEI{EXPENDITURE) Transfers between funds 28,858 18,950 (22,342) (18,9501 6,516 Net movement In funds 47,808 (41,292} 6,516 RECONCILIATION OF FUNDS Total funds brought fO￿ard 693,694 51,193 744,887 TOTAL FUNDS CARRIED FORWARD 741,502 9,901 751,403 12. TANGIBLE FIXED ASSETS Flxturas and fitsings Freehold property Tolats COST At 1 April 2023 and 31 March 2024 338.149 52,151 390,300 DEPRECIATION At 1 April 2023 Charg8 for year 80,450 5,513 43,626 2,573 124,076 8.086 At 31 March 2024 85,963 46,199 132,162 NET BOOK VALUE At 31 March 2024 252,186 5,952 258,138 At 31 March 2023 257,699 8,525 266,224 Page 17 continued..

DEWIS LIMITED NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2024 13. FIXED ASSET INVESTMENTS Cash and settlements pending MARKET VALUE Additions 85,000 NET BOOK VALUE At 31 March 2024 85,OOQ At 31 March 2D23 There were no Invpstment assats outslde the UK. Th18 r&lates to cash on d8posiI with a maturlty of more than one year h61d for investmént purpos6s rather Ihan to m@@1 short-témi cash commitments as they fall due. At the balance sheet data th6 averaga maturity of the depo8lts was 20.5 months 12023 no dep051ts1. The average Intsrest rate was 5.2Vo. 14. DEBTORS,. AMOUNTS FALLING DUE wrrHIN ONE YEAR 2024 2023 Trade d8btors other d8btors Prepayménts and accru8d income 78,199 47,987 12,623 77,161 44.721 7,568 138,809 129,450 15. CURRENT ASSET INVESTMENTS 2024 2023 Cash on d@posit 139,479 220,752 This relates to cash on deposlt wlth a mattirity of lass than ona year h81d for inv8sttn8nt purposes rather than to me?1 short-term cash commitments as Ihey fall due. 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade ctsdilors Accrua15 and dgferr8d income 18,306 15,781 16,579 14,922 34,087 31,501 17. LEASING AGREEMENTS Minlmum lease paym8nts und8r non-cancellabla opèrating l&as8s fall du8 as fo1tows- 2024 2023 Within onè yaar Be￿￿en one and five years 2,160 1,440 2,880 2,160 4,320 Page 18 continued...

DEWIS LIMITED NOTES TO THE FINANCIAL STATEMENTS. ¢ontlnued FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS Nat movement in fvnds Transfers be￿een funds At 1.4.23 31.3.24 Unrestrlcted funds G8neral fund Deslgnaled Funds-capilal As88ts Desi9naled Fund.Capital Spénd Deslgnaled Funds-contlngency planning-crltlcal costs D8signaled Funds-slrategic planning Lloyds Foundation Grant 23,327 259,425 25,000 16,5361 3,808 (7,887} 20,599 251,538 25,000 300,000 115.000 18,750 15,000 (1 Q,782) 315,000 104,218 25,000 6,250 741,502 1286) 139 741,355 Rastrlcted funds Reslrictad Funds- Caplta1 spand bulldlng Moondan 6.800 3,101 12001 61 6,600 8,000 4,838 9,901 4,838 (1391 14,600 TOTAL FUNDS 751,403 4,552 755,955 Net movement in fvnds, included In tha above are as follows: Incoming r8SOLifc8S Resour￿5 8XP8nded Movement in funds Unrestri¢ted funds Gen8fdl fvnd Lloyds Foundation Grant 1,078,414 25,000 (1,084,950) (18,750) 16,536) 6,250 1,103,414 (1,103,700) 1286> Rostrlct8d funds Moondance Mentsl Heath Grant South Wales Police ACE'S Grant NPTCBC-Food Pov8ty Bond Grant WG TSS Grant NPTCVS Discretionary C.O.L NPTCVS Youth Fund 8,000 12,017 13,156 5,000 35,648 44,808 3,500 1,000 (3,1621 {12,017) {13,156} {5,000} 135,648) 144,808) 13,500) 11,000) 4,838 123,129 1118,2911 4,838 TOTAL FUNDS 1,226,543 11,221,991 } 4,552 Page 19 conlinued...

DEW15 LIMITED NOTES TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS- continued Comparatives for movement In funds Nel movemenl In fund8 Transfers belween funds At 31.3.23 At 1.4.22 Unrestrlcted funds General fund Designated Funds£apltal Assets D8signated Fund-capital Spend Designated Fundslontingency p1annlng-¢ritical costs Designated Funds-Strategl¢ plannlng Lloyds Foundatlon Grant 26,052 267,642 25,000 28,858 (31,583} {8,217) 23,327 259,425 25.000 300,000 75,000 300,000 115,000 18,750 40,ODO 18,750 693,894 28,858 18,950 741,502 Restrlcted funds Rastricted Funds- Capital sp&nd bulldlng Lloyds Foundation Grant TSRF Grant Postcode Lottary Grant Moondan 7,000 18,750 18,946 6,497 1200) 118,750) 6,800 {18,946} 16,497} 3.101 3,101 51,193 (22.3421 118,9501 9,901 TOTAL FUND5 744,887 6,516 751,403 Comparativ8 n8t movement in funds, induded in (he above are as foll¢)ws'. Incoming rasourcos Rasources exp8nd8d Movem8nt in funds Unrestrl¢ted funds General fvnd Lloyds Foundation Grant 646,053 25,000 1617,195) (25,000) 28,858 671,053 1642,1951 28,858 Restricted funds TSRF Grant Postcode Lottery Grant RestrtGted Contract BAVO Crarbt Moond8nc8 Mental Haallh Grant South Wales Police ACE'S Grant NPT CVS -Youlh Grant NPTCBC-Food Povety Bond Grant WG TSS Grant 12,476 131,422> 16,497) 1213,460) (7501 {3,1021 112,0171 13,5521 (1,0001 (4,0001 (35,647) 142,272) 118,946) {6,4971 213,480 750 6,203 12,017 3,552 1,000 4,000 35,647 42,272 3,101 331,377 1353,7191 {22,342) TOTAL FUNDS 1,002,430 1995,914} 6,516 Page 20 Gonlinuèd...

DEWIS LIMITED NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS- continued A Current year12 months and prlor year 12 months combined position is as follows: Net movement in funds Transfers between funds At 31.3.24 At 1.4,22 Unrostrlctod funds General fund Designated Funds-capltal Assets Designated Fund£3pltal Spend Designaled Funds-contingency planninglrltical ccists Designated Funds-strategic plannlng Lloyds Foundation Grant 26,052 267,642 25,000 22,322 {27,775) {16,104) 20,599 251,538 25,000 30D,DOO 75,000 15,000 29,218 18,750 315,000 104,218 25,000 6,250 693,694 741,355 Restrlcted fvnds Restricted Funds- Capitsl spend bulldlng Lloyds Foundation Grant TSRF Grant Postcode Lottery Grant Moondance 7,000 18,750 18,946 6,497 1400) 118,7501 6,600 {18,946} 16,497) 7,939 81 8,000 51,193 (17,604) (19,089) 14,600 TOTAL FUNDS 744,887 11,088 755,955 A currenl year 12 months and prior ygar 12 month8 combin8d n81 movem8nt in funds, included in the abov& are a5 follows., Incomlng resources Resources expended Movement In funds Unrestricted funds General fund Lloyds Foundation Grant 1,724,467 50,000 {1,702,1451 {43,750) 22,322 6,250 1,774,467 11,745,895) 28,572 Restrlcted funds TSRF Grant Postcode Lottery Grant Restricted Contract BAVO Grant Moondance Mental Health Grant South Walés Police ACE'S Grant NPT CVS -youth Grant NPTCBC -Food Poverty Bond Grant WG TSS Grant NPTCVS Dlscrationary C.O.L NPTCVS Youlh Fund 12,476 {31.422) 16,497} (213,4601 (7501 16,264} (24,034) (16,708) {1,000) {9,0001 171,2951 187,0801 (3,5001 (1,0001 {18.946) 16,4971 213,460 750 14,203 24,034 16,708 1,000 9,000 71,295 87,080 3,500 1,000 7,939 454.506 (472,010) 117,504) TOTAL FUNDS 2,228,973 (2,217,905) 11,088 Funds Unr8strict8d Designat8d Funds Capitsl assets The capital 8s58ls deslgnaled fund represents the surpluses which have been spent on capita5 assets. Page 21 continued...

DEW18 LIMITED NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS- contlnuod Funds - continued These sutpluses arg not avallable sinc9 tho cash has been commlttad on such assets. Capltal spend This represenls ¢apltal funds that have been committed lo ¢apltal spend at th6 year end for th8 next fgw years. Contlngency plannlng-crltlcal costs These funds have been deslgnated to make sure that In thè evant of any major calaslrophic issues the Irust86S are in a posifjon to brlng Ihe charity lo a controlled c5os8 and be able to meet all fin&nclal Ilab111ti88, lease obligation8 etc. Strateglc plannlng The trustees have 58t a medium term, 5 year plan whlch sets out what the charftvs Is alming to achi8V8 over thSs period. To athieve Ihls plan tha funds have been designalad. The designatéd funds also include any project8 plann8d within the medlum term. R8strlct8d Fund$ Capltal 8P8nd building The balance of restrlcted funds carrled foNard includ88 grants for the purchase of fixed assets and leases. Outgolng resource5 charged to thè fund repras8nt d8praclation of fixed assets. Lloyd Foundatlon, Moondanca These are all grants received pnor lo the y8ar 8nd although part of Ihe grants ar8 for th8 Period to after th6 year end. Therefore they are ca￿led foN4ard in restricted reserves to be sel off against future cost8 and Ihereforo US8d in year 31.3.2025. 19. RELATED PARTY DISCLOSURES Th8re w8r8 no related party transactions for the year ended 31 March 2024. Pag8 22

DEWI8 LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacles Donations 1.286 3,907 Investment Incomè Interest receivabl& 7.649 4,579 Charftable acllvltles Rent receivable BCBC Contrnct RSASDS NPTCBC UASC Contract NPTCBC CSS Contract Grants 434.302 389,057 38,197 188,191 151,041 4Q8,977 213,460 18,776 165.070 142,917 1,200,788 947,200 other Income Sundry incorne Bond clalm r8lmbursament Soclal services reimbursement 4,408 455 11,957 7,826 1,436 37,482 16,820 46,744 Total Incoming re$ourco$ 1,226.543 1,002,430 EXPENDITURE Charltable actfvitles Wages Pensions Rates and walor Insuran Light and heat Telephone Post8ge,81alionery, photOCOPi8r,IT Sundrfes Travel Bank charges Cl6aning Repalrs, malntsnance, ranawals Training and subscriptions H.A.Management charge Bond Guaranl@o Claims IT sysl@ms Covld 19 expenses TSS office premlses costs Set up costs (291 Central offic8 costs Social s@rvi￿ YP costs Sacurity costs Grant exp@nse-Poslcod8 Lottery Grant Expense BAVO Grant Expense Moondance Grant Expense NPT CVS Youth Fund Grant Expense Bad d8bt Carriad fomard 714,219 24,951 9,795 7,740 49,741 12,421 14,880 27 7.839 303 3,682 30.415 4,759 124,045 455 9.592 577,511 19,431 10.918 6,621 19,004 11.100 7,475 6,163 312 3.075 22.586 4,016 93,060 1,627 18,249 83 9,268 12,222 4,705 8,758 11,755 127,514 6,898 21,656 114,956 6,497 751 3,102 1,003 4,001 3,162 1,000 5,001 259 1,189,240 969,363 This page does not form part of th8 statutory financlal slalemants Pag& 23

DEWIS LIMITED DETAILED STATEMENT OF FINANCIAL ACTWITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Charitable actI￿lIeS Brought forward D6pn of freehold propgrty Depn ol fixtures and fittings 1,189,240 5,513 2,573 969,363 5,514 2,904 1,197,326 977,781 Support costs Support costs Auditors, remuneration Accountancy Governan￿ costs 10,920 3,500 10,245 7,001 11,132 24,665 18,133 Total resources expendéd 1,221.991 995,914 Net Income 4,552 6,516 This page does not fotTN part of the statutory financial statements Pag& 24