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