COMPANY REGISTRATION NUMBER: 03267674
CHARITY REGISTRATION NUMBER: 1068156
The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2025
PJE ACCOUNTANTS & ADVISORS
Chartered accountants
23 College Street
Lampeter
SA48 7DY

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Financial Ststements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Statement of cash flows
Notes to the financial statements
10
The following pages do not form part of the flnancial statements
Detailed statement of financial activities
20
Notes to the detailed statement of financial activities
21

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present Iheir report and the
unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and administrative detalls
Reglstered charity name
The Ty Glyn Davis Trust Limited
Charlty reglstyation number
1068156
Company reglstratlon number 03267674
Principal office
The Retreat
Graig Place
Aberdare
CF44 7RE
Registered offl¢e
The Retreat
Graig Place
Aberdare
CF44 7RE
The trustees
Bruce Edward Cardwell
Caroline Sian Davies
Jacqueline Frances Lyne
Wendy Anne Simmonds-Jones
Mary Ruth McGlynn
Lewis Nigel Thomas
Colin Clifford Eldridge
The following trustees retire at the 2025 Annual General Meeting and being eligible offer themselves
for re-election..
Caroline Sian Davies
Lewis Nigel Thomas
Independent exam5ner
Robert Gray F.C.A
23 College Street
Lampeler
SA48 7DY
Structure, governance and management
Governing document
The charity's governing document is the Memorandum and Articles of Association on incorporation on
23 October 1996, as amended by Special Resolution dated 27 November 2013 as amended by
Special Resolution registered at Companies House on 17 March 2016.

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (Contlnugdj
Year ended 31 March 2025
Objectlves and activities
Objectives
The charitable objects of the charity are, for the public benefit-
1) The relief of those who are in need by any reason of youth, age. ill-health. disability, financial or
other disadvantage by the provision and maintenance of residential holiday centres, facilities andlor
projects for the use, enjoyment and benefit of such people who are in need ( in particular children and
young people) and such persons as may be necessary to look after their needs.
2) To organise and provide or assist in the organisation and provision of facilities or projecls for
recreation in the interests of social welfare with the object of improving the condition of life for boys
and girls both disabled and able-bodied who are under the age of 25 years {or such higher educational
age as the Iruslees may from time to lime decide)
and any person who has been injured in work
or through activily and any person who needs respite care and who by reason of their youth or social
and economic Circumstances have need of such facilities or projecls.
3) The provision of facilities. for members of the public at large in the interests of social welfare, for
recreation or other leisure time occupation.
Pollcy to achl•v• obJectlve8
The objectives are being achieved by the provision of purpose built accommodation and facilities at Ty
Glyn for use by disabled individuals and groups.
Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public
benefit when reviewing our aims and objectives and in planning our future activities.
How our actlvltles dellver publlc beneflt
Our main activities and who we try to help are described below. All our charitable activities focus on
the activities outlined in the 'Objectives' paragraph above and are undertaken to further our charitable
purposes for the public benefit.
Strateglc report
The following sections for achievements and performance and financial review form the strategic
report of the charity.
Achlevements and performance

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (conllnuedj
Year ended 31 March 2025
Financial review
Rlsk management
In line with the requirements set by the Charity Commission. the trustees have compiled a register of
potential risks. It is now felt that the major risks to which the charity is exposed. as identified by the
truslees, have been reviewed and systems have been established to miligate these risks. The risk
register is reviewed on an annual basis.
Reserves
The trustees have determined that they will retain as reseNes a sum which is not less than £150,000.
Revlew of the Year
Holiday Centre fees of £21.1k for the year to 31 March 2025 was a decrease of 4% from last year
£22.Ok. Donalions included £10k from Post Code Lottery grant.
Loss for Ihe year of (£44k), was worse than last year (£31k). mostly due to the charity having to pay
council tax, including second home premium, following new Welsh Government rules.
Renewable Heat Incentive (RHI) received was £1.2k, last year £1.4k.
Expenses for the year were £84.7k. (last year £61.8k} and included new cost of council tax £9.4k,
centre repairs £9.5k and Naidex exhibition £2.6k. Bookings gained at Naidex more than covered its
cost.
Value of investments at 3113125 was £371.3k. There were drawdowns from investments of £40k for
council tax and general expenses. Increase in value of investments from previous year was £14.7k.
The trustees wish to express their gratitude to Kelly Fevre, Centre Manager, and Victoria Thomas,
Gardener, for their considerable achievements during the year.
Trustees, re8ponslbllltles In relatlon to the flnanclal 8tatement8
The trustees (who are also directors of The Ty Glyn Davis Trust Limited for the purposes of company
law) are responsible for preparing the Trustees, Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards.
Company law requires the trustees to prepare financial statements for each financial year, which give
a true and fair view of the state of affairs of the charity and of the incoming resources and application
of resources. including the income and expenditure. of the charity for the year. In preparing these
financial statements, the trustees are required to- select suitable accounting policies and then apply
them consislently. . observe the methods and principles in the Charilies SORP,'_ make judgments and
estimates that are reasonable and prudent:
state whelher applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements; prepare the financial statements on
the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for maintaining proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and enable them to ensure that
the financial statements comply with the Companies Act 2006. The trustees are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 31 March 2025
The trustees. annual report and the strategic report were approved on 17 September 2025 and signed
on behalf of the board of trustees by:
3(ly4
Jacqueline Frances Lyne
Trustee

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The Ty Glyn Davis Trust
Limited
Year ended 31 March 2025
I report to Ihe trustees on my examination of the financial statements of The Ty Glyn Davis Trust
Limited ('the charity,) for the year ended 31 March 2025.
Respon8ibilltle8 and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 20061'the 2006 Act.).
Having satisfied myself that the accounts of the company are not required to be audiled under Part 16
of the 2006 Act and are eli9ible for independent examination, I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('Ihe 2011 Act.). In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examlner's statement
I have completed my examination. I confirm that no matters have come to my atlention in connection
with the examination giving me cause to believe..
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act., or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which
is not a matter considered as part of an independent examination", or
the linancial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102>.
I have no concerns and have come across no other Matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Robert Gray F.C.A
Independent Examiner
23 College Slreet
Lampeter
SA48 7DY
17 September 2025

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Unrestricted Endowment
funds
funds Total funds Total funds
2024
Note
Income and endowments
Oonations and legacies
Investment income
Other income
33.214
6.089
1,246
33,214
6,089
1,246
23,285
6.175
1,417
Total income
40,549
40,549
30,877
Expendlture
Expenditure on charitsble activities
Total expenditure
84.715
84,715
61,824
84.715
84,715
61,824
Net gains on investments
10
14,683
14,683
57,132
Net {8xpenditure)Ilncome and net
movement In funds
{29,483)
129,483
26,185
Reconclllatlon of funds
Total funds brought foDNard
Total funds carrled forward
503,185
104.844
608,029
57B,546
581,844
608,029
473,702
104,844
The statement of financial activities includes all gains and losses recognised in the year.
ASI income and expenditure dérive from continuing activities.
The notes on pages 10 to 18 form part of these flnancial statements.

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
2025
2024
Note
Flxed assets
Tangible fixed assets
Investments
15
16
201,706
371.287
206,631
396,604
572,993
603,235
Current assets
Debtors
Cash at bank and in hand
17
4,013
20,278
24,291
3,132
6,614
9,746
Credltors: amounts falling due wlthln one year
Trade creditors
Accruals and deferred income
1,623
17,115
1,623
3,329
4,952
4,794
18.738
Net current assets
5,553
Total a88ets less current Ilabllltles
578,546
578,546
608,029
608,029
Net assets
Funds of the Charlty
Endowment funds
Unreslricted funds
104,844
473,702
578.546
104,844
503,185
608,029
Total charity fund8
19
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relaling to small companies.
Diractors, responsibilities-
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476:
The directors acknowledge their iesponsibilities for complying wilh the requirements of the Act
with respect to accounting records and the preparation of financial stalements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to Ihe small companies, iegime.
The statement of financial position
continues on the following page.
The notes on pages 10 to 18 form part of these flnanclal statements.

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Statement of Financial Position (eonlinued)
31 March 2025
These financial slatements were approved by the board of trustees and authorised for issue on 17
September 2025, and are signed on behalf of the board by:
Jacqueline Frances Ly
Trustee
The notes on pages 10 to 18 form part of these flnanclal stateinents.

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
ststement of Cash Flows
Year ended 31 March 2025
2025
2024
Cash flows from operating actlvitles
Net (expenditure)lincome
(29,483)
26.185
Adjiistments for..
Depreciation of tangible fixed assets
Net gains on investmenls
Other interesl receivable and similar income
Accrued expensesl(income)
4,925
(14,683)
(6,089)
13,786
4,925
(57,132)
(6,175)
(297)
Changes in..
Trade and other debtors
Trade and other creditors
{881)
(81)
{6,483)
(39,058)
Cash generaled from operaiions
132,42S)
Interest received
6,089
6,175
(32,883)
Net Cash used in operating activities
(26,336)
Cash flows from investing actlvltles
Proceeds from sale of other investments
40,000
40,000
30,000
30,000
Net cash from investing aclivities
Net increasel(decrease) in cash and cash equlvalents
Cash and cash equivalents at beglnnlng of year
Cash and cash equlvalents at end of year
13,664
6,614
20,278
(2,883)
9,497
6,614
The notes on pages 10 to 18 form part of these financial statements.

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
General Informatlon
The charity is a public benefit entity and a prNate company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the
registered office is The Retreat, Graig Place, Aberdare, CF44 7RE.
Statement of compliance
These financial statements have been prepared in Complian￿ with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accountlng policies
Basls of preparatlon
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabililies and investment properties measured al fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estlmatlon uncertalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported, These estimates and judgements
are continually reviewed and are based on experience and other faclors, including expectations
of future events that are believed to be reasonable under the circumstances.
Fund aecountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the Ifustees for particular fulufe project or
commitment.
Restricled funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal. and fall into one of Iwo sub-classes: restricted income funds or
endowment funds.
10-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements (confinued)
Year ended 31 March 2025
Accounting policles (conllnuedj
Incomlng resources
All incoming resources are included in the statement of financial activities when enlitlement has
passed to the charity-, it is probable that Ihe economic benefits associated with the transaction
will flow to the chafity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income-
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and ils amount can be measured reliably.
legacy income is re￿gnised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the conlribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be Tegarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates:
expendilure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes 811 costs incurred by a charity in undertaking
aclivities that further its charilable aims for the benefit of ils beneficiaries, including those
supporl costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activilies.
All costs are allocated to expenditure Categories reflecting the use of the resource, Direct costs
attributable to a single activity are allocated directty to that activity. Shared costs are apportioned
beiween the activities they contribute to on a reasonabte, justifiable and consistent basis.
Tangible assets
Tangible assels are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounls are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
11

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Accounting policies {contlnued)
Tanglble assets feonflnued)
An increase in the carrying amouni of an asset as a result of a revaluation. is recognised in other
recognised gains and losses, unless it reverses a charge for impaiiment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
excepl to which it offsets any previous revaluation gain, in which case the k)ss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less ils residual
value, over the useful economic life of that asset as follows:
Freehold property
20/0 Straight line
Inveslments
Unlisted equity investments are initially recorded at cost, and subsequently measured al fair
value. If fair value cannol be reliably measured, assets are measured at cost less impairmenl.
Listed investments are measured at fair value with changes in fair value being recognised in
income or expenditure.
Investments In associates
Investments in associates accounled for in accordance with the cost model are recorded at cost
less any accumulated impairment losses.
Investments in associates accounted for in accordance with the fair value model are initially
recorded at the ITansa¢tion price. At each reporting date, the investments are measured al fair
value. with changes in fair value taken through income or expendilure. Where it is impracticable
to measure fair value reliably without undue cost or effort. the cost model will be adopted.
Dividends and other distributions received from Ihe investment are recognised as income without
regard to whether the distributions are from accumulated profits of the associate arising before or
after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordan￿ with the cost model are
recorded at cost less any accumulated impairmenl losses.
Investments in jointly controlled entities accounted for in accordance with the fair value model are
initially recorded at the transaction price. At each reporting date, Ihe investments are measured
at fair value, with changes in fair value taken through income or expenditure. Where it is
impracticable to measure fair value reliably without undue cost or effort, the cost model will be
adopted.
Dividends and other distributions received from the investment are recognised as income without
regard lo whether the dislribulions are from accumulated profits of the joinl venture arising before
or after the date of acquisition.
12-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements (Conlinued)
Year ended 31 March 2025
Accounting pollcles fcontlnuedj
Impalrment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Vvhere the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal al each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoveiable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generaling unit is the smallest
identifiable group of assets that includes the asset and generales cash inflows that largely
independenl of the cash inflows from other assels or groups of assets.
For impairment testing of goodwill. the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Flnanclal Sn8trum8nts
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial insiruments are initialty recognised at the amount receivable or payable including
any relaled transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured al amortised cost.
Vvhere investments in shares are publicly traded or their fair value can otherwise be measured
reliably. the investment is subsequently measured at fair value with Changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments, including deiivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond noTmal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market late of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment al the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which Ihe initial gain was recognised.
13-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Accounting policies (contlnuedj
Flnancial instiuments (continued)
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credil risk characteristics.
Any reversals of impairment are recognised immediately, to the extent Ihat the reversal does not
result in a carrying amount of the financial asset thal exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Limited by guarantee
The Ty Glyn Davis Trust Limited is a company limited by guarantee and a registered charity
governed by ils memorandum and articles of association.
Donatlons and legacSe8
Unrestricted Total Funds Unrestricled Tolal Funds
Funds
2025
Funds
2024
Donatlons
Unrestricted donalions
Accornmodation
12,086
21.128
33.214
12,086
21,128
33,214
1,200
22,085
23.285
1,200
22,085
23,285
Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Other investment income
6,089
6,089
6,175
6,175
Other Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Renewable Heat Initialive
1,246
1,246
1.417
1,417
Expendlture on charltable activities by lund type
Unreslricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Charitable Activity
84.715
84.715
61,824
61,824
14-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements (conllnuad)
Year ended 31 March 2025
Expenditure on charitable activities by activity type
Activities
undertaken Total funds
directly
2025
Total fund
2024
Charitable Activity
84.715
84,715
61,824
10. Net galns on Investmenls
Unrestricted Total Funds Unreslricled Total Funds
Funds
2025
Funds
2024
Gainsl(losses) on other investment
assets
14.683
14,683
57.132
57,132
11. Net lexpendlturellincome
Net (expenditure}lincome is ststed after chargingl(crediting):
2025
2024
Depreciation of tangible fixed assets
4,925
4,925
12. Independent examlnatlon fees
2025
2024
Fees payable to the independent examiner for:
Independent examination of the financial stalements
384
384
13. Staff costs
The lotal staff costs and employee benefits for the reporting period are analysed as follows..
2025
2024
Wages and salaries
29,933
29,713
The average head count of employees during the year was 2 (2024.. 2). The average number of
full~time equivalent employees during the year is analysed as follows..
2025
No.
2024
No.
Number of staff
No employee received employee benefits of rmre than £60.000 during the year (2024.. Nil).
15-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements {conUnued)
Year ended 31 March 2025
14. Trusteg remuneratlon and expenses
None of the trustees have been paid any remuneration by the charily,or received any other
benefits from an employment with the charity or any related entity-
No trustee expenses have been incurred or paid during the year.
15. Tangible fixed assets
Land and
bulldings
Cost
At l April 2024 and 31 March 2025
Depyeclation
At 1 April 2024
Charge for the year
At 31 March 2025
306,787
100,156
4,925
105,081
Carrying amount
At 31 March 2025
201,706
206,631
At 31 March 2024
At Cost or Revaluallon: Land £45,000 (2024 :£45.000), Buildings £261,787 (2024.. £261.787). At
Net book value". Land £45,000 (2024 '.£45,000), Buildings £161,631 (2024 .£166,556).
The Land is not depreciated, whereas the Buildings are depreciated at 20￿ on a straight-line
basis.
The land on which the ￿ntre stands was transferred to Ty Glyn Davis Trust Limiled as a gift in
1998. The building and equipment was transferred to Ty Glyn Davis Trust Limited in October
1998. The Irustees elected to revalue at their discretion and using Iheir best judgement.
16. Investments
other
Inve8tm8nls
Cost or valuatlon
At 1 April 2024
Additions
Disposals
At 31 March 2025
396,604
{25,317)
371,287
Impalrment
At 1 April 2024 and 31 March 2025
Carrylng amount
At 31 March 2025
371,287
396,604
At 31 March 2024
All investments shown above are held at valuab'on.
16-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements {conllnued)
Year ended 31 March 2025
17. Debtors
2025
2024
Prepayments and accrued income
4,013
3,132
18. Deferred Income
2025
2024
Amount deferred in year
2,945
2,945
19. Analysls of charitable funds
Unrestrlcted funds
At
1 April 2024
Gains and
At
losses 31 March 2025
Income Expenditure
Unrestricted Funds
503.185
40,549
(84,715)
14,683
473,702
At
1 April 2023
Gains and
At
losses 31 March 2024
Income Expenditure
Unrestricted Funds
477.000
30,877
(61,824)
57,132
503,185
Endowment funds
At
1 April 2024
Gains and
At
losses 31 March 2025
Income Expenditure
Endowment Fund
104,844
104,844
At
1 April 2023
Galns and
At
losses 31 March 2024
Income Expendilure
Endowment Fund
104,844
104.844
17-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements {conflnuedJ
Year ended 31 March 2025
20. Analysls of net assets between funds
Unrestricted Endowment Total Funds
Funds
Funds
2025
Tangible fixed assets
Investments
Currenl assets
Creditors less than 1 year
Net assets
96,862
371,287
24,291
(18,738)
473,702
104,844
201,706
371,287
24,291
118,738)
578,546
104,844
Unrestricted Endowment Total Funds
Funds
Funds
2024
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Net assets
101,787
396,604
9,746
(4,952)
503.185
104,844
206,631
396,604
9,746
(4,952)
608,029
104,844
21. Analysls of changes in net debt
At
At 1 Apr 2024 Cash flows 31 Mar 2025
Cash at bank and in hand
6,614
13,864
20,278
18-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Management Information
Year ended 31 March 2025
Tho following pages do not form part of the financiat statements.
19-

The Ty Glyn Davis Trust Limited
Company Limited by Guarantee
Detsiled Statement of Financial Activities
Year ended 31 March 2025
2025
2024
Income and endowments
Donatlons and legacles
Unrestricted donations
Accommodation
12,086
21,128
1,200
22,085
33,214
23,285
Investment Income
Other investment income
6,089
6,175
Other income
Renewable Heat Initialive
1,246
1,417
Total Income
40,549
30,877
Expendlture
Expenditure on charltable actlvities
Wages and salaries
Council tax
Exhibition
Light and heat
Repairs and maintenance
Insurance
Property maintenance
Legal and professional fees
Motorltravel costs
Bank charges
Telephone
Other office costs
Depreciation
29,933
9.444
2,573
5,815
5,647
3,934
17,239
3,453
640
114
1,025
73
4,925
29,713
3,214
1,773
3,678
14,008
2,837
311
87
1,090
188
4,925
61,824
84,715
Total expenditure
84,715
61,824
Net galns on Investments
Gainsl{losses) on other investment assets
14,683
57,132
Net (expendlturelllncome
(29,483
26,185
-20-

The Ty Glyn Davis Trust Limited
Company Limitsd by Guarantee
Notes to the Detailed Statement of Financial ActiVTties
Year ended 31 March 2025
2025
2024
Expendlture on charitable activitles
Actlvitles undertaken dlrectly
Direct charitable activity - wageslsalaries
council tax
naidex exhibilion
light & heat and water
repairs & maintenance
insurance
property maintenance
legal and professional expenses
motorltravel cosls
bank charges
telephone
postage, stationery and advertising
depreciation
29,933
9,444
2,573
5,815
5,547
3,934
17,239
3,453
640
114
1,025
29.713
3,214
1.773
3.678
14,008
2,837
311
87
1,090
li
73
4,925
84,715
188
4,925
61,824
Expendlture on ¢harltable actlvltles
84,715
61.824
21