Company Number 3420271
MANTELL GWYNEDD CYF.
(LIMITED BY GUARANTEE)
FINANCIAL ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS.) REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report together with the accounts for the year ending 31 March
2024.
Principal Activity and Review
The principal activity of the Company during the year was to promote any charitable objectives
for the good of the people of Gwynedd, and especially through assisting and supporting such
charitable objectives and work of volunteer organisations Wlthin the welfare district. Further
information on the activities can be seen in the Annual Report which is available at the
company's premises.
Reference & Adminlstrative Detalls
Charity Name
Mantell Gwynedd Cyf.
Registered Charlty Number
1068851
Reglstered Company Number
3420271
Registered and Prlncipal Office
25 Y Bont Bridd
Caernarfon
Gwynedd
LL55 1AB
Auditors
Emyr Mortimer Archwilwyr Cyf.
32 Y Maes
Caernarfon
Sollcitors
Pritchard Jones Lane
37 Y Maes
Caernarfon
Bankers
Barclays Bank Cambrian Credit Union
Parc Menai
144 Conway Road
Bangor
Llandudno Junction
Conwy
Santander
Bridle Road
Bootle
Merseyside
The Charity Bank Ltd.
Fosse House
182 High Street
Tonbridge
Shawbrook Bank Ltd.
Lutea House
Warley Hill Business Park
Great Worley
Brentwood
Flagstone Group - HSBC, Aldermore, Nationwide,
and Sainsbury's Banks.
1 St Floor Clareville House
26-27 Oxendon Street
London

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS,) REPORT - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
Trustees (Directors)
The members who served during the year and the current members are'.-
Gwen Griffith (Chairman resigned 20.12.23)
Elwen Roberts (Treasurer)
Sydna Ann Williams (Vice Chairmanlvice Treasurer 20.12.23)
Trystan Pritchard {Vice Treasurerlchairman 20.12.23)
Betty Williams
Y Tad Deiniol
Meinir Wyn Evans (Vice Chairman appointed 20.12.23)
The names of the senior staff members (Management Team) are'.-
Bethan Russell Williams - Chief Officer
Ceren Williams - Deputy Chief Officer & Head of Finance and Operations Team
All staff are paid in accordance with the local government pay scale.
Structure, Govarnance & Management
The company is limited without share capital and is a registered charity and its governing document is
its Memorandum & Articles of Association. Appointments are made at the Annual General Meeting, in
accordance with the Memorandum and Articles of the charity.
Mantell Gwynedd has a process to induct new trustees. It is the responsibility of the Chief Officer and
the Chairman to ensure that the new trustees follow the induction process.
The business of the Charity is managed by the trustees. Trustees are responsible for developing the
Charity's policy structure, and ensuring that the Charity is managed effectively The aim is lo secure
the welfare of the charity, thus enabling the work to continue in the future.
Staff have been appointed, to work directly for the Trustees, to oversee the day to day management of
the office, in line with the operating policy. The Board meets at least four times per annum, although
additional meetings may be convened should the need arise. The trustees may appoint one or more
sub-committees in accordance with the Memorandum and Articles of the Company.
R18ks faclng Mantell Gwynedd durlng 25-26
The current Partnership Agreement with Welsh Government is in place until March 2025. Future
core fundlng will be dependent on the outcome of budget and review negotiations within Welsh
Government. Departments within Welsh Government will need lo show the effect of withdrawing
any current funding. Whilst a change in funding arrangements might result in reputational damage
or a legal challenge to Welsh Government, there will be a need for WG Officials to show the impact
of funding The work of measuring core funding impact has been underway by TSSW and
alongside this impact work a Business Plan is also being developed by TSSW
The additional funding provided by Welsh Government during 2021-22 enabled the work of Soclal
Value Cymru to continue with a three member staff team. Despite considerable interest in this
work and successful bids already won by the team it must be noted that the future of this work is
entirely dependent on winning tenders and other contract work. At this moment in time the work is
in abundance with the team having to turn down some opportunities, but with other organisations
and institutions also venturing into this area of work the competition will be greater. Cuts to
organisational budgets might mean there is no financial flexibility within organisations to
commission this type work. As part of the planning work relating to Social Value Cymru the Board
of Mantell Gwynedd decided to invest £75,000 of reseNes funding to appoint a fourth member of
staff who will help with the current workload and also help ensure that the team are no longer
turning down potential work.

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS'} REPORT- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
Risk8 faclng Mantell Gwynedd durlng 25-26 - contlnued
Mantell Gwynedd have always needed to present bids for additional funding to a host of external
funders. However, with external fundlng sources appearing to be less and competition for the
funding much greater there will be a need to be both creative and proactive in presenting bids.
Proposed cuts in Local Authority and other public sector budgets will mean opportunities to bid to
those organisations will be fewer and funding much less. Mantell Gwynedd, for example, will need
to identify a suitable funder to continue the the Gafael Llaw Volunteering project and whilst funders
have been identified the competition is likely to be much tougher.
The Arfon Soclal Pre8criptlon project has been funded through the Betsi Cadwaladr University
Health Board since 2016. The current funding stream comes to an end in March 2025 and there
is therefore considerable risk to the future of this project. In September 2023 the Health M in ister
placed all Health Boards under the microscope with regard to financial responsibilities and
planning. There is also considerable competition for Social Prescribing funding and there will be a
need to act swiftly when a funding opportunity arises. Our saving grace is that Mantell Gwynedd
has diligently measured the social value of this project since 2016 using the SROI (social return
on investment) methodology. We will continue to measure the social value of the projeci so that
we are well placed to bid when a funding opportunity arises. We failed to secure funding from the
Regional Integrated Fund despite being encouraged by Cyngor Gwynedd to do so. Negotiations
continue during 2024 to identify funding.
During 2024 Mantell Gwynedd's Board acknowledged the risk relating to the Dolgellau offlca in
terms of upkeep liability The office is an old registered building and despite reserves funding
having been spent on it in recent years the likely upkeep in future years will be substantial. Given
the reduced use of the building since covid with greater online activity taking place, plus a n umber
of tenants having left the building due to project closures, the Board took the decision to put the
building on the open market during the Spring of 2024. It is hoped a sale will close during the end
of 2024 but the building remains a risk until ils disposal.
ObJectlve8 and Actlvltle8, Achlevemant8 and Performance
The aim of Mantell Gwynedd is to support voluntary and community groups, to encourage individuals
to volunteer and to be a strong voice for the third sector in Gwynedd. It is a registered charitable
company with local membership, but is also part of the Wales wide nelwork of County Voluntary
Councils. Its, core funding comes from the Welsh Government via the WCVA. The organisation also
takes on numerous other projects all with the same objective, to support and promote volunteering and
the third sector in Gwynedd.
The activities include the following'.-
Promote, develop and support volunteering opportunities
Represent the third sector on, and work collaboratively with, strategic partnerships
Support individuals and organisations to engage more effectively with public bodies
Provide governance support to organisations e.g. constitutional and financial matters
Support organisations to better measure their value, particularly social value
Operate as a link be￿een individuals and third sector organisations e.g Social Prescription
Provide support to run projects, and pilot projects on behalf of the third sector as and when
needed.
Administer grant funding and provide advice on sources of funding
Promote the development of social enterprises and sustainability of organisations
Promote and co-ordinate third sector consortia arrangements
Share informalion with the third sector via the quarterly newsletter, bulletins, information sheets,
the website, social media and any other relevant sources.
Offer a programme of training to support organisations and volunteers in their work
Offer practical services such as the loan of equipment, including the Mobile Unit, phoiocopying
seNice, meeting rooms and office space.
Offer payroll services
Encourage working collaboratively across sectors.

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS.) REPORT- continued
FOR THE YEAR ENDED 31 MARGH 2024
Objective8 and Actlvltles, Achievement and Performance - Continued
Mantell Gwynedd Projects during 2023-24
Gwynedd Voluntoer Centre project
The main role of the Volunteer Centre is to promote and celebrate volunteering, recruit and support
volunteers as well as advise on and develop good practice in volunteering
Volunteers, Week 2023.
Every year the Gwynedd Volunteer Centre organises a range of activities during 'Volunteers' Week,
which is a national event to celebrate volunteering.
This year, we returned to Portmeirion for the highlight of the Week with our'celebration and Thank You
Event,. Our guest speaker was Emyr Williams Chief Executive of Eryri National Park Authority who
discussed the importance of the contribution of volunteers to the national park.
Scam Awar6ne88
During the year the Volunteer Centre worked in partnership with North Wales Police and Gwynedd
Council to arrange a series of sessions to raise awareness about scams. Almost 100 people from local
organisations and volunteers attended to hear about the challenges and how we can share important
messages of good practice with the wider community.
Naw Wale8 Volunteerlng webslte
The new Volunteer Wales website was launched in 2023 with a fresh look to connect volunteering
opportunities with volunteers across Wales. This is the main database of volunteering opportunities in
the country.
Dlsclosure and Barrlng Servlca (DBS) sesslon
In October, an update workshop was held by the Disclosure and Barring Service for local volunteering
organisalions. Following the COVID-19 lockdown there was an obvious need to be reminded of the
process and arrangements for DBS checks especially for volunteers. We had a very interactive session
to reinforce the procedures and when it is appropriate to c2rry out a check on volunteers. The session
was also an opportunity for organizations to revisit their safeguarding policies and arrangements.
In terms of figures
166 enquiries through Volunteering Wensite
98 volunteers registered through Volunteering Wales in Gwynedd
Soclal Prescrlptlon Project
Social Prescription enables GPS, nurses and other primary care professionals to refer individuals to a
range of non-clinical services. Social Prescription also plays a key role in preventative work e.g
promoting awareness of screening, falls prevention, and referring to and promotion of health awareness
courses.
Social Prescription seeks to address people's needs in a holistic way It supports individuals to take
greater control of their own health and well-being. Social Prescribing schemes can involve a variety of
activities which are typically provided by voluntary and community sector organisations.
There are many different models of Social Prescribing but most involve a link worker or navigator who
works with people to access local sources of support. Mantell Gwynedd is well placed as an umbrella
organisation to undertake this work particularly given its vast database of opportunities and its
connections with, and knowledge of, th ird sector providers. In addition to this, as it does not itself provide
any front line services there is no vested interest or conftict as it refers to other organisations.

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS,) REPORT - continuad
FOR THE YEAR ENDED 31 MARCH 2024
Objectlve8 and Actlvltles, Achlevement and Parformance - continued
Mantell Gwynedd Projects durlng 2023-24 - contlnued
Soclal Prescrlptlon Project - contlnued
The Mantell Gwynedd project is currently funded by Betsi Cadwaladr University Health Board.
Since the project started in 2016 there have been a total of 1,621 individuals who have been supported.
During 2023-24 204 individuals have been supported.
This is what one individual had to say about the support received through this project..
'Huge thanks to the Social Prescribing Officer for the information and help. I feel as if l am coping far
better now. I was amazed at how quickly things got b8tter for me after speaking to th8 Officer. Four
organisations got in touch with me the same week to arrange visits and discuss support. Thank you for
being patient with m8 and listening to my situation"
Bulldlng Strong Brldges project I Well-belng
The Building Strong Bridges project is funded through Betsi Cadwaladr University Health Board and
enables Manlell Gwynedd to employ a full time Health and Well-being Facilitator.
The facilitator post ensures there is a bridge betsveen the Health Board and third sector organisations
who provide services within the health and well-being sector.
The Facilitator
Facilitates meetings and supports Ne￿OrkS and Forums
Raises awareness of opportunities to influen
Ensures that there is a third sector perspective at partnership meetings and other events
Holds a series of Ne￿Ork events throughout the year
During 2023-24 a series of Wellbeing and Volunteering Network meetings were held. These meetings
are central to supporting third sector organisations e.g to attract funding and apply for grants for
projects which, in turn, lessen dependence on statutory services,. they are a contact point for information
sharing and updates as well as sharing good practice and a means to raise awareness of influencing
opportunities, they are essential to ensure third sector organisations have a voice and enable
organisations to promole their contribution to the health and wellbeing agenda at a county level and
beyond.
During 23-24 the main topics of discussion at ne￿Ork meetings were
Safeguarding (20.04.23)
Interactive Speed Dating event115.06.23)
Raising Voices ', raising awareness of long term conditions such as MS and epilepsy (26.07.23)
lechyd Da event at Dolgellau (12 10.23)
DBS Workshop124.11.23)
Funding opportunities deriving from Shared Prosperity Funding to develop literacy119.12.23)
Resilience - an introduction to Dfvr Cymru's Resilience project (06.03.24)

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS,) REPORT - Continued
FOR THE YEAR ENDED 31 MARCH 2024
Objectlvos and Actlvltles, Achievement and Performance - continued
Mantell Gwynedd Projects during 2023-24 - contlnued
The Facilitator engaged with over 150 organisations during 23-24
During the year the Facilitator contributed to Betsi Cadwaladr University He2lth Board's North Wales
pre conception strategy, collaborated with other Facilitators across North Wales to hold a regional
wellbeing event which attracted over a hundred attendees, and ensured that the views of third sector
organisations in Gwynedd were central to local, regional and national developments.
Soclal Value Cymru Project
The well-being of Future Generations {Walesl Act 2015 set solid foundations for the work of measuring
social value by placing a responsibility on public, private and third sector bodies to work differently. To
do this there was a need to work out which were the important areas that needed measuring and
managing It is only by understanding the social value of activities that we can effectively get to grips
with managing the way in which we create well-being. Today these principles have been further
enhanced in the Social Partnership and Public Procurement (Wales) Act. The aim of this most recent
legislation is to ensure we work together to improve ways in which we deliver public services and well-
being in Wales. Measuring social value is central to all of this.
Since 2016 Mantell Gwynedd has been at the forefront of developing and measuring social value.
In 2019 Manlell Gwynedd achieved the national kite mark for embedding social value in all of its work.
This was the first time an umbrella organisation achieved this kite mark.
Later in 2020 Mantell Gwynedd won a national award from Social Value UK for ils partnership working
which was aimed at maximising social value.
In 2024 Mantell Gwynedd achieved the Level 2 kitemark from Social Value International. This latest
kitemark demonstrates Mantell Gwynedd is consistently striving to maximise social value in all its work.
The Social Value Cymru team at Mantell Gwynedd is able to offer a wide range of services with regards
to measuring social value. This includes full SROI reports as well as specifically tailored training for
organisations.
During 2024 Mantell Gwynedd's Board made a decision to invest some of the company's reserves in
this project. The result is that an additional member of staff has been appointed for years which
means the team of four are better placed to bid for work. All of them are trained through Social Value
International. One member of the team has International Trainer status and provides training world
wide.
"The study Into our work wlth Elerf and Mathew was an amazlng experlence. Our ambltlon Is to
exhibit the results to help us attract more statutory funding so we can contlnue with aspects of
our work in both Bro Ffestinlog and Penrhyndeudraeth"
Gwydion ap Wynn, Y Dref Werdd Project Manager.

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS.) REPORT - continued
FOR THE YEAR ENDED 31 MARCH 2024
Objectlve8 and Actlvltles, Achlovement and Performance - continued
Mantell Gwynedd Projects durlng 2023-24 - contlnued
Compa8slonate Cymru Project
In 2018 the Welsh Government set out its aspirations for Wales to become the world's first
"compassionate country" Since then, work has been ongoing to spread the compassionate approach
throughout Wales.
The vision of Compassionate Cymru Garedig is for Wales to become a considerate and caring nation
which comes together to develop compassionate ways to support people's health and wellbeing
Compassionale Cymru Garedig works with individuals, organisations and communities to help improve
the ways in which people die, care and grieve in Wales.
The aim of Compassionate Cymru Garedig is to help people collate and share information and offer
care and support in a compassionate way within their communities. It concentrates specifically on end
of life care and support, whatever point in life that may happen.
Mantell Gwynedd is pleased to be a part of this unique development and in collaboration with Public
Health Wales funding has been secured to employ a Compassionate Cymru Garedig Officer who is
employed by Mantell Gwynedd and works across Gwynedd, Mon and Conwy.
This is a year project lasting until 2025 and It is hope that a Caffi Colled will have been established
in Arfon Dwyfor and Meirionnydd by then which will be sustainable beyond the lifespan of the project
funding, A Directory of SeNi￿S will also be published.
The Officer's main work is to..
Promote compassionate approaches
Support local networks which promote compassion
Map existing end of life care and grief services and create a Service Map with the aim of
identifying gaps in services and working with communities to fill those gaps. In time it is hoped
that this will ensure a comprehensive end of life care service within our communities.
Support workplaces to adopt policies for individuals who have received a diagnosis of a
condition which reduces life expectancy and also support individuals with death and grief.
During 2022-23 a Directory of Services was compiled which contains details about services which offer
end of life care and support which are available to children, young people and adults.
During the year Caffi Colled was set up in Bethesda under the care of Chaplain Sara Roberts. This Caffi
Colled now meets regularly throughout the year and offers invaluable support to individuals.
Arrangements are Unde￿aY to set up a Caffi Colled in Pwllheli which will benefit the people of Pwllheli
and Pen LIPn.
Here's what some of the Caffi Colled participants had to say
"I have taken advantage of the opportunity to soclallse wlth other indlvlduals who are In the
same position as me. Having lost my husband durlng Covid It was incredibly hard to rejoin
soclal events as a slngle indlvldual rather than a couple. The Caffi Colled Is not a sad place at
all but it is an opportunity to share sad and happy mémories over a cuppa and a blscult and
sometimes a tasty cake. It Is an opportunity to support others when needed"

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS'I REPORT- continued
FOR THE YEAR ENDED 31 MARCH 2024
Objectlves and Actlvltle8, Achievement and Performance - continued
Mantell Gwynedd Projects durlng 2023-24 - contlnued
Gafael Llaw I Wlrfoddoll project
The Shared Prosperity Fund provided the UK with £2.6b of funding which comes to an end in March
2025. £24.4m was allocated for Gwynedd with £4.2m earmarked for improving adult numeracy skills.
As part of the Resilient Communities project, which is funded by Shared Prosperity Fund, Mantell
Gwynedd launched the Gafael Llaw i Wirfoddoli project.
The Gafael Llaw i Wirfoddoli project has enbled Mantell Gwynedd to employ a full time officer to provide
1..1 support for individuals who have additional support needs but who are keen to volunteer. The Officer
commenced his role in January 2024.
The project works alongside a number of key agencies and organisations across Gwynedd so that new
opportunities can be accessed for adults who wish to volunteer but who have additional support needs.
The project has accepted referrals from mental health teams, Job Centres, Careers Wales, colleges
and other local educational providers and also self referrals.
As this Annual Report goes to print over fifty individuals have benefitted frorn the support of the Gafael
Llaw i Wirfoddoli Officer and have progressed lo volunteering as a result of that support.
This is the story of Evan, one of the individuals who has become a volunteer thanks to the support of
the Gafael Llaw i Wirfoddoli Officer.
Evan'8 Story
Evan lives in Cwm y Glo and came to the Gwynedd Volunteer Centre with his parents to ask about
volunteering opportunities. Evan had attended Pendalar school when younger because of severe
autism. He is a very shy individual.
After chatting with Evan il became apparent that he has a very keen interest in music and owns over
500 music albums. It was agreed that an opportunity would be sought at one of the town's charity shops
in Caernarfon and contact was made with Sense charily shop on Pool St. Sense believes that
everybody should be able to participate in events and day to day activities regardless of their disability
or additional support needs,
Evan was supported throughout the whole process and today Evan is responsible for the shop's
entertainment collection, keeping the stock tidy and organising albums according to genres.
The fun and newly found confidence which Evan has experienced has changed his life. Despite initially
only volunteering on Monday mornings, Evan now volunteers three days a week.
Eira, Evan's mother said "I've seen a huge difference in Evan. He's so much happier in himself. The
officer at Mantell Gwynedd and the staff at Sense have been Evan's saviours. We are so very grateful
for the support. This has meant that Evan now has a happy life '

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS,) REPORT - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
Objectlves and Activities, Achievement and Performance - contlnued
Mantell Gwynedd Projects durlng 2023-24 - continued
Payroll Servlce provlded by Mantell Gwynedd
Mantell Gwynedd has offered a third sector payroll service for many years.
Financial matters, and particularly payroll matters, can be very complicated for small organisations who
often depend on volunteers for their day to day running.
The payroll service provided by Mantell Gwynedd offers reassuran￿ to organisations that proper
procedures and protocols are in place and also ensures there is somebody at the end of a telephone
line to offer support and assistance when required.
In recent years, especially with changes to pension requirements, the payroll service has been more
important than ever to small organisations.
This is what some of the organisations who benefit from our Payroll Service had to say
Amguoddfa Forwrol Llgn
The payroll service is essential to us at the Amgueddfa Forwrol LIPn and Manlell Gwynedd's service is
first class
Cylch Melthrln Trogarth.
Without your help and guidance, I would not have been in a position to complete all the tasks needed.
The role of Mantell Gwynedd in supporting volunteers like me must be invaluable to the communities
you cover.
Many thanks for your assistance
Grants Admlnlstratlon
Mantell Gwynedd has a long and very successful history of grants administration.
As well as disseminating the Croeso Cynnes Grant (£20,000) and the Loneliness Grant (£20,000}
during the year, Mantell Gwynedd was also successful in it's bid to administer Shared Prosperity Fund
funding which was named Mantell Gwynedd Voluntary Sector Grant Fund and was worth £1,5m.
A Voluntary Sector Grants Fund Officer was appointed in August 2023 and the Fund was opened for
applications in September 2023.
88 applications were received to the value of £5.8m.
36 successful applicants were informed in November 2023 and were told that all funded work had to be
completed by December 2024.
The variety of organisations funded across Arfon, Dwyfor and Meirionnydd demonstrates how Mantell
Gwynedd could reach every corner of the county geographically as well as reaching a wide variety of
voluntary organisations.
Detailed and specialised work is now progressing at Mantell Gwynedd to demonstrate the social value
of some of these projects.

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS.) REPORT- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
Objectives and Actlvltle8, Achlevement and Performance - contlnued
Mantell Gwynedd ProJects durlng 2023-24 - contlnued
Neuadd Bentref Llanllyfnl sald
"The wellbeing of childr8n at th8 Cylch M81thnn and our ability to provide a safg and wann environment
is our priority as a Committee. However, raising funds to maintain the village hall and pay our bills is an
ongoing challenge. Therefore tl7e solar panels provided by the Mantell Gwynedd grant will make a
hug8 differ8nce to us and to ev8rybody who uses the village hall. Thank you Mantell Gwynedd for the
support i"
Heulwen Jones, Village Hall Chairperson.
Flnanclal Revlew
The charity has a surplus of £54,211 at the year end (2023.. deficit £45,274) prior to adjusting for the
defined benefit pension plan.The reserves and defined benefit pension scheme are detailed in the
notes to the accounts.
Tho Charlty's Pollcy on Ro8erv88
Mantell Gwynedd recognises and accepts its responsibilities as a charity, and employer lo protect the
financial viability and continuation of the organisation. In accordance with Charity Commission
recommended good practice it is agreed that monies are allocated toward a reserve. The purpose of
which is...
To ensure cash flow (cover delays in revenue funding).,
To cover any unforeseen circumstances.,
To provide the opportunity to attracvidentify alternative funding should existing funding be
subject to cutbacks.,
To ensure that should funding cease, the organisation would be able to fulfil all of its financial
and legal obligations when winding up
The level of the reserve will be reviewed annually by the Board. Unless and until otherwise agreed the
organisation will maintain a minimum reserve equivalent to iwo months running costs of the
organisation, and endeavour to increase this amount to four months running costs. An analysis of the
reserves and pension scheme is made in note 11 to the accounts.
Plans for the future
We will continue to deliver the requirements of the Third Sector Support Wales Partnership
Agreement. Mantell Gwynedd is a member of Third Sector Support Wales, a network of support
organisations for the third sector in Wales. Our shared goal is to enable the third sector and
volunteers across Wales to contribute fully to individual and community well-being, now and for the
future. Mantell Gwynedd will provide support under each of the four pillars of work - Good
Governance, Volunteering, Sustainable Funding, and Engagement and influencing
Covid-19 has provided a new focus in terms of partnership working and particularly cross sector
working. We will continue with these collaborative approaches for the benefit of the people of
Gwynedd. The partnership working between Cyngor Gwynedd and ourselves during 23-24 around
the Shared Prosperity Fund resulted in the creation of the Voluntary Sector Fund administered by
Mantell Gwynedd and worth £1.5m to the sector. This evidence of how the sector benefits when
partners work constructively together. We will continue with partnership approaches for the benefit
of the sector.
10

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS.) REPORT - continued
FOR THE YEAR ENDED 31 MARCH 2024
Objectlves and Activities, Achievemant and Performance - continuod
Plans for the future- continued
Through our Social Value Cymru project we will continue to encourage and support the sector to
measure its social value. Through this work we are able to demonstrate how the third sector can
help unlock the potential of the Well-being of Future Generations (Wales) Act 2015. In addition to
the 2015 legislation The Social Partnership and Public Procurement Act (Wales) puts responsibility
on public bodies to make sure that spending on goods, works and services is done in a way that
benefits everyone not just focus on costs. It sets up the Social Partnership Council and will ensure
that procurement in Wales involves social responsibility. This is a significant step as we consider
how Social Value Cymru develops. In line with this, Mantell Gwynedd's Board invested further
funding into this area ofwork during 2024 which has seen the expansion ofthe Social Value Cymru
team. We will continue to emphasise the importance of measuring social value within the sector.
We will endeavour to expand on our Social Prescription work to ensure that third sector
organisations are provided with the opportunity to deliver support to individuals with non-clinical
needs. By doing so we hope that third sector organisations are able lo contribute fully to the well-
being agenda, thus fulfilling the aspirations of The Social Services and Well-being (Wales) Act 2014
which places the third sector at the heart of the design and delivery of services. We will continue to
measure the social value of this work so that we are well placed with sufficient evidence as we
proceed to look for funding to continue with the project. We will continue to source funding to
expand the current project
We will look at practical ways of supporting the third sector to comply with the legislative
requirements of The Welsh Language (Wales} Measure 2011. We will lake every opportunity to
support and promote the Welsh language within the third sector and will continue to build on Mantell
Gwynedd's good work in this area.
We will work with others to tackle the challenges of climate change and to promote good practice
within the sector.
As we face huge economic challenges we will work with partners to help tackle the cost of living
crisis
Publlc Beneflt Statement
The Management Committee has considered the Charity Commission guidance regarding Public
Benefit and are satisfied that the Charity's activities during the year, as described in this report, satisfy
the test.
Investment policy and objectlves
Under the Memorandum and Articles of Association, the charity has the power to make any
investment that the trustees judge to be appropriate, in the interests of the organisation and adequate
to meet its obligations for the foreseeable future.

MANTELL GWYNEDD CYF.
TRUSTEES, (DIRECTORS.) REPORT- continuod
FOR THE YEAR ENDED 31 MARCH 2024
Trustees Responsibilities
The Trustees (who are also Directors of Mantell Gwynedd Cyf. for the purposes of company law)
are responsible for preparing the Trustees, Report (incorporating the directors, report) and the
financial statements in accordance with applicable law and United Kingdom Accounting Standards
including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the
UK and Republic of Ireland (UK Generally Accepted Accounting Practice).
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 charitable company and of the income and
expenditure, of the charitable company for that period. In preparing these financial statements,
the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP 2019 (FRS 102).,
make judgements and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial statements, and
prepare the financial statements on the going concern basis unless it is inappropriat8 to
presume that the charitable company will continue in business.
The Trustees are responsible for maintaining proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charitable company and enable them
to ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charitable company and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
In so far as the Trustees are aware',-
there is no relevant audit information of which the Gharitable company's auditors are
unaware, and
the Trustees have taken all steps that they ought to have taken to make themselves aware
of any relevant audit information and to establish that the auditors are aware of that
information.
The Trustees are responsible for the Maintenan￿ and integrity of the corporate and
financial information included on the charitable company's website. Legislation in the
United Kingdom governing the preparation and dissemination of financial statements may
differ from legislation in other jurisdictions.
Thi
eportwas a
roved by the board on 11 / 14
li
and signed on its behalf by
Bethan Russell Williams (Secretary)
12

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
MANTELL GWYNEDD CYF.
FOR THE YEAR ENDED 31 MARCH 2024
Opinlon
We have audited the Financial Statements of Mantell Gwynedd Cyf. (Limited by Guarantee) for
the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Statement
of Financial Position, the cash flow statement and the notes to the Financial Statements including
a summary of significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and
Republic of Ireland (United Kingdom Generally Accepted Acccounting Practice).
In our opinion the Financial Statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March
2024 and of its incoming resources and application of resources, including its income and
expenditure, for the year then ended.,
have been properly prepared in accordan￿ with United Kingdom Generally Accepted
Accounting Practice., and
have been prepared in accordanc8 With the requirements of the Companies Act 2006.
Basls for Oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK))
and applicable law. Our responsibilities under those standards are further described in the
Auditor's responsibilities for the audit of the Financial Statements section of our report. We are
independent of the charitable company in accordance with the ethical requirements that are
relevant to our audit of the Financial Statements in the UK, including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our opinion.
Conclusions relating to going concern
In auditing the Financial Statements, we have concluded that the trustees, use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties
relating to events or conditions that, individually or collectively, may cast significant doubt on
the company's ability to continue as a going concern for a period of at least 12 months from
when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees, with respect to going concern are
described in the relevant sections of this report.
13

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
MANTELL GWYNEDD CYF. - continued
FOR THE YEAR ENDED 31 MARCH 2024
Other Information
The Trustees are responsible for the other information. The other information comprises the
information included in the annual report, including the Trustees Report other than the Financial
Statements and our auditor's report thereon. Our opinion on the Financial Staternents does not
cover the other information and, except to the extent otherwise explicitly stated in our report, we
do not express any form of assurance conclusion thereon.
In connection with our audit of the Financial Statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with
the Financial Statements or our knowledge obtained in the course of the audit or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material misstatement in the
Financial Statements or a material misstatement of the other information. If, based on the work
we have performed, we conclude that there is a material misstatement of this other information,
we are required to report that fact.
We have nothing to report in this regard.
Oplnlons on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit'.-
the information given in the Trustees, Report (incorporating the Directors, Report) for the
financial year for which the Financial Statements are prepared is consistent with the
Financial Statements., and
the Trustees, Report (incorporating the Directors, Report) have been prepared in
accordance with applicable legal requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of the knowledge and understanding of the Charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustees, Annual Report.
We have nothing to report in respect of the following matters in relation to which the Companies
Act 2006 requires us to report to you if, in our opinion'.-
adequate accounting records have not been kept or returns adequate for our audit have
not been received from branches not visited by us.,
the Financial Statements are not in agreement with the accounting records and returns,.
certain disclosures of Trustees, remuneration specified by law are not made., or
we have not obtained all the information and explanations necessary for the purpose of
our audit.,
the Trustees were not entitled to prepare the Financial Statements in accordance with the
small companies, regime and take advantage of the small companies, exemption in
preparing the trustees report and from the requirement to prepare a strategic report.
Responsibllltles of Trustees
As explained more fully in the Trustees, Responsibilities Statement (set out on page 12), the
Trustees (who are also the directors of the charitable company for the purposes of company law)
are responsible for the preparation of the Financial Statements and for being satisfied that they
give a true and fair view, and for such internal control as they determine is necessary to enable
the preparation of Financial Statements that are free from material misstatement, whether due to
fraud or error.
14

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
MANTELL GWYNEDD CYF. - continued
FOR THE YEAR ENDED 31 MARCH 2024
Responslbllltles of Trustees - contlnued
In preparing the Financial Statements, the Trustees are responsible for assessing the Charity's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern
and using the going concern basis of accounting unless the Trustees either intend to liquidate the
Charity or to cease operations, or have no realistic alternative but to do so.
Audltor's re8pon8lbllltles for the audlt of the Flnanclal Statements
Our objectives are to obtsin reasonable assurance about whether the Financial Statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's
Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these Financial Statements
Irregularities including fraud, are instances of non-compliance with laws and regulations. We
design procedures in line with our responsibilities, outlined above, to detect material misstatements
in respect of irregularities, including fraud.
The extent to whlch our procedures are capable of detectlng Irregularltles Includlng fraud
Is detailed below:
Our a
roach to identi
in
and assessin
irre
ularities includin
the risks of material misstatement in res
ect of
fraud and non-com
liance with laws and re
ulations was as follows..
the engagement partner ensured that the engagement team collectively had the appropriate
competence, capabilities and skills to identify or recognise non-compliance with applicable laws
and regulations,.
we identified the laws and regulations applicable to the company through discussions with
trustees and other management, and from our commercial knowledge and experience of the
charity and sector.,
we focused on specific laws and regulations which we considered may have a direct material
effect on the financial statements or the operations of the company, including the Companies Act
2006, taxation legislation and data protection, anti-bribery, employment, environmental and health
and safety legislation.,
we assessed the extent of compliance with the laws and regulations identified above through
making enquiries of management and inspecting legal correspondence., and
identified laws and regulations were communicated within the audit team regularly and the team
remained alert to instances of non-compliance throughout the audit.
We assessed the susce
of the com
an
includin
obtainin
's financial statements to material misstatement
an understandin
of how fraud mi
ht occur b
making enquiries of management as to where they considered there was susceptibility to fraud,
their knowledge of actual, suspected and alleged fraud., and
15

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF
MANTELL GWYNEDD CYF. - continued
FOR THE YEAR ENDED 31 MARCH 2024
Procedures - contlnued
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws
and regulations.
To address the risk of fraud throu
h mana
ement bias and override of controls we..
performed analytical procedures to identify any unusual or unexpected relationships.,
tested journal entries to identify unusual transactions.
assessed whether judgements and assumptions made in determining the accounting estimates
were indicative of potential bias., and
investigated the rationale behind significant or unusual transactions.
In res
onse to the risk of irre
ularities and non-com
liance with laws and re
rocedures which included but were not limited to.,
ulations we desi
ned
agreeing financial statement disclosures to underlying supporting documentation.,
• reading the minutes of meetings of those charged with governance.,
enquiring of management as to actual and potential litigation and claims., and
reviewing correspondence with HMRC, relevant regulators including the Health and Safety
Executive, and the company's legal advisors, as considered necessary.
There are inherent limitations in our audit procedures described above, including those leading to
a material misstatement in the financial statements or non-compliance with regulation. The more
removed that laws and regulations are from financial transactions, the less likely it is that we would
become aware of non-compliance. Auditing standards also limit the audit procedures required to
identify non-compliance with laws and regulations to enquiry ofthe trustees and other management
and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from
error as they may involve deliberate concealment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website
at '. Iwww.frc.org.uklauditorslaudit-assurancelauditors-responsibilities]. This description forms part
of our Auditor's Report.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we
might state to the Charity's members those matters we are required to state to them in an Auditorfs
Report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the charitable company and the charitable company's
members as a body, for our audit work, for this report, or for the opinions we have formed.
/.,
Rhys Harrls
Senlor Statutory Auditor
For and on behalf of:
EMYR MORTIMER ARCHWILWYR CYF.
CHARTERED ACCOUNTANTS
STATUTORY AUDITOR
32 Y MAES
CAERNARFON
16

MANTELL GWYNEDD CYF.
STATEMENT OF FINANCIAL ACTIVITIES
(INCOME & EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Notes
Unrestricted RestrlGted
Funds
Funds
Total
2024
Total
2023
Income and endowments from
Donations and legacles
Voluntary income
262713
262713
246584
Charitable actlvltles
Supporting the Third Sector
91678
914248
1005926
354671
Bank interest
12978
12978
2238
Total Income
367369
914248
1281617
603493
Expenditure on:
Charitable activities
Supporting the Third Sector
300863
926543
1227406
648767
Total expendlture
300863
926543
1227406
648767
Net InGome before other recognised
gains and loss
Net transfers be￿veen funds
66506
(2326)
(12295)
2326
54211
(45274)
64180
(9969)
54211
(45274)
Other recognised galnsllosses
Actuarial gainsl(losses) on defined
benefit pension scheme
243000
243000
841000
Net movement in funds
307180
(9969)
297211
795726
Total funds brought fonNard
1761297
45273
1806570
1010844
Total funds carrled forward 11
2068477
35304
2103781
1806570
No separate income and expenditure account has been prepared.
The company's Directors wish to bring attention to the fact that the pension fund has affected the final
financial figures. They are keen to note that Gwynedd Pension Fund's state of affairs is outside the
company's control.
The notes on pages 20 to 31 form an integral part of these accounts.
17

MANTELL GWYNEDD CYF.
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024
2024
2023
Notes
FIXED ASSETS
Tangible Assets used for charitable purposes
119507
123904
CURRENT ASSETS
Debtors
Cash at bank and in hand
28752
676079
16861
673567
TOTAL CURRENT ASSETS
704831
690428
CREDITORS.. Amounts falling due within one year 7
NET CURRENT ASSETS
(22557)
(19952)
682274
670476
Total assets less current liabilities
801781
793570
Defined benefit pension scheme asseV(liability)
NET ASSETS INCLUDING PENSION ASSETI LIABILITY
1302000
1013000
2103781
1806570
RESERVES
Unrestricted Funds
General Reserves
Designated Funds
Pension Fund
Restricted Funds
703518
62959
1302000
35304
685338
62959
1013000
45273
TOTAL FUNDS
2103781
1806570
The accounts were approved by the Board on i 31 , 14£ and signed on its behalf by'.-
Trystan Pritchard (Director)
Reglstration Number.. 3420271
The notes on pages 20 to 31 form an integral part of these accounts.
18

MANTELL GWYNEDD CYF
CASH FLOW STATEMENT
FOR THE YEAR ENDING 31 MARCH 2024
2024
2023
Cash flows from operating activities (SOFA)
297211
795726
Adjusted for:
Depreciation
Interest received
3587
(12978)
4366
(2238)
287820
797854
Changes in..
Trade and other debtors
Trade and other creditors
Defined benefit pension scheme
(11891)
2605
(289000)
70470
(4461)
(823000)
Cash flows from operating activities
(10466)
40863
Cash flows from Investing activities
Expenditure on fixed assets
Interest received
(11460)
2238
12978
Net cash flows from activltles in the year
2512
31641
Changes in cash and that equivalent to cash
At the beginning of the year
2512
673567
31641
641926
At the end of the year
676079
673567
The notes of pages 20 to 31 form an integral part of these accounts.
19

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting Pollcie8
Genoral Informatlon
The charity is a private limited company without share capital, registered in Wales and a registered
charity in Wales. The address of the registered office is 25 Y Bont Bridd, Caernarfon, Gwynedd.
The charity meets the defin ition of a public benefit entity.
Bas18 of Preparationlstatement of Compllance
These financial statements have been prepared under the historical cost convention and in
accordance with FRS102 'The Financial Reporting Standard" applicable in the UK and Republic of
Ireland, the Statement of Recommended Practice applicable lo charities preparing their accounts
in accordance with FRS102 (Charities SORP) and the Companies Act 2006.
The accounts have been prepared in sterling which is the functional currency of the charity.
Golng concern
The trustees consider that there is no uncertainty as to whetherthe charity can continue in business.
Judgements and prlnclpal uncertalnty regardlng 88tlmata8
In preparing the financial reports, it is necessary to make judgements, estimates and decisions
which affect the figures reported. These estimates and judgments are regularly reviewed and are
based on experience and other factors including expectations of events in the future which are
believed to be reasonable under the circumstances.
Dopreclatlonllmpalrmont revlew
Fixed assets are stated in the accounts at cost (where the cost exceeds £1000) and are depreciated
over their economic useful lives at the following rates'.-
Land & Buildings
Equipment
Computer Equipment
10/0 per year
250/0 to 33 % per year
A review is made annually to identify indicators of impairment, Should the carrying value exceed
the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversals ann ually.
Accountlng for the fund8
The unrestricted funds are available for use at the Trustees, discretion in order to promote the
company's aims.
The designated funds are unrestricted funds which have been earmarked by the Trustees for
specific purpose in the future.
Restricted funds represent income towards a specific project where the donor specifies how the
income can be spent.
Income
All income is included in the statement of financial activities when entitlement has passed to the
charity, there is sufficient certainty thal receipt is probable, the amount can be reliably measured,
and any conditions attached have been met or are fully within the control of the charity.
20

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting Policies continued
Income - continuad
The main source of income are grants and contracts from various sources.
Income with restrictions imposed are allocated to a restricted fund and matched with the
expenditure.
Income has been split belween the different incoming resources. The core funding is shown as
voluntary income All other income is shown as income from Charitable Activities, which mainly
represents conlracts with various funders and services offered as part of the activities of the charity
to further its, charitable aims, in accordance with the SORP, as listed in note 2. Income is only
deferred when it is received in advance.
Under certain contracts the company is allowed to recharge certain overhead costs to the restricted
fund and an agencyladministration fee are included in income as unrestricted and the equivalent
costs are included in the restricted fund. These are not netted off in the Statement of Financial
Activities due to the nature of the contract. The total for 2024 was £23,70912023'. £32,239).
Welsh Government grants were received from the WCVA and local government as detailed in note
Costs
All expenditure is included in the Statement of Financial Activities in accordance with the accruals
concept, where there is a legal obligation commilting the charity to the expenditure. The expenditure
includes VAT as it cannot be recovered.
Costs have been categorised in accordance with the guidance given in the Charities SORP where
all the expenditure directly related to the aims of the charity are shown as costs of "charitable
activities" Governance costs include those incurred in relation to the constitutional and statutory
requirements. Support costs are included within the charitable activities as analysed in the SOFA.
Support Cost8
The general running costs of the charity are detailed in the SOFA and notes to the accounts. Since
there is only one charitable activity and no tradinglfund raising activities it is not considered
necessary to further allocate support costs.
Grants Scheme8
The company operates grant schemes and the relevant details are shown in note 2.
Penslon Scheme8
The company is a member of the Gwynedd Council pension scheme which is a defined benefit
statutory scheme. The fund is governed by the Local Government Pension Scheme Regulations
1997.
The amounts charged to operating profit are the current service costs and gains and losses on
settlements and curtailments where applicable. They are included as part of staff costs. Past
service costs are recognised immediately in the Statement of Financial Aclivities if the benefits have
vested. If the benefits have not vested immediately, the costs are recognised over the period until
vesting occurs. The interest costs and the expected return on assets are shown as a net amount
of other finance costs or credits adjacent to other finance costs.
Actuarial gains and losses are recognised immediately in the statement of total recognised gains
and losses.
21

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
1. Accountlng Policles - contlnued
P6n8ion Scheme8 - Contlnued
The scheme is funded with the assets ofthe scheme held separately from those of the company, in separate
trustee administered funds. The pension scheme assets are measured at fair value and liabilities are
measured on an actuarial basis using the projected unit method and discounted at a rate equivalent to the
current rate of return on a high quality corporate bond of equivalent currency and term to the scheme
liabilities. The actuarial valuations are obtained at least triennially and are updated at each Balance Sheet
date. The resulting defined benefit asset is presented separately after other net assets on the face of the
Balance Sheet.
The company has started a new pension scheme for any new staff with The Pension Trust, where the
employer pays a contribution of 100/0. This is a defined contribution scheme where contributions are
allocated in accordance with the role of the staff concerned.
Operatlng Lea888
Operating leases are charged to the Statement of Financial Activities as incurred.
Debtors
Debtors are recognised at the settlement amount due after any discount offered
Cash at bank and In hand
Cash at bank and in hand includes cash and short term liquid investments where the known amount is at
low risk of change.
Crodltor8 and provlslons
Creditors and provisions are recognised at the settlement amount after allowing for any discount.
Flnanclal Instruments
A financial asset or financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any
related transaction costs, unless the arrangement constitutes a financial transaction,
where
is
recognised at the present value of the future payments discounted at a market rate of interest for a similar
debt instrument.
2. Statement of Flnanclal Activitles
The surplus12023'. deficit) for the year is stated after charging the following'.-
2024
2023
Depreciation
Auditors Fees., Audit
Trustees, Fees & pension
3587
5000
4366
4750
22

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
2. Statement of Financlal Activitles - contlnued
Total
2024
Total
2023
Unrestrlcted Restrlcted
Income - Voluntary Income
WCVA - Core funding
262713
262713
246584
262713
262713
246584
Income - Charltable Actlvltles
Building Stronger Bridges
WCVA - Gwirvol
Gwynedd - Seniice level
agreement
Agency fee
Administration fee
Other income - Services & courses
Eisteddfod Genedlaethol Llyn ac Eifionydd
SROI income
Social Prescription
CCGIAdra - Developing Maesgeirchen
Croeso Cynnes Grant
Green & Community Transport Grant
Gwynedd Council - Loneliness & Isolation Fund
Public Health Wales-
Compassionate Cymru Wales
Shared Prosperity Grants
Gwynedd Council Gafael Llaw
44557
6650
44557
6650
39663
6650
8880
7650
16059
16018
8880
7650
16059
16018
9300
43071
60900
8880
8650
23589
22983
9300
43071
49465
60000
25186
50000
11878
22727
60900
45454
45454
25000
735387
12000
735387
12000
91678
914248 1005926
354671
Expendlture - Charltable actlvltles
Wages & travel
Advertising & promotion
Staff training & recruitment
Office running costs
Administration fee
Services & courses
Premises costs
Bank charges
Net finance costs
Depreciation
Grant payments
Mobile Unit costs
Project running costs
Appraisal costs
Bad debts
Support Costs (Governance)
Audit & accountancy
Professional fees
Trustees, travelling expenses
271176
4632
674
19660
131827
13994
511
1349
15584
318
1605
403003
18626
1185
21009
15584
3856
38752
801
(46406)
3587
753672
425577
6249
2242
15765
21407
5916
70927
278
(3766)
4366
81200
91
8650
1275
867
3538
37147
801
(46406)
3587
753672
7650
7650
6000
6000
5700
2023
33
87
300863
926543
1227406
648767
23

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
2. Statement of Financlal Actlvities - continued
2024
Grant Payments - Institutions
2023
WCVA Youth led grant scheme - 2 (2023'.7)
Loneliness & Social Isolation Fund - 26 (2023.. 13)
Croeso Cynnes Grant - (2023.. 19)
Green & Community Transport Grant- (2023.. 12)
Shared Prosperity Fund -36 (2023'.0)
5000
40000
5322
20000
45000
10878
708672
753672
81200
Recipient details and further information and analysis is provided in the Annual Report available at
ww.mantell
nedd.com
In accordance with the accounting policy detailed, certain overhead (support) costs are recharged
and administrationlagency income is shown in the SOFA . The current year charge totalled
£6,654 (2023: £9,977)
3. Staff
2024
2023
Average number of employees for the year'.-
Supporting the Third Sector
13
14
2024
2023
Wages
National Insurance
Pension 8enefit- 3 members of staff (2023.. 3)
Pension Contribution - 10 members of staff (2023.. 9)
322370
24935
28594
19754
324225
24476
29234
19756
395653
397691
No employees earned £60,000 or more during the year (2023.. none). There were no redundancy
payments during the year.
A total of £84,019 (2023: £80,334) was paid to the management team in accordance with local
government pay scales. Salaries are allocated according to the role of employee in the Statement of
Financial Activities.
4. Corporation Tax
The charity is exempt from tax on income and gains to the extent that these are applied to its charitable
objects.
24

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
5. Fixed Assets
Freehold Mobile
Property
Unit
(Dolgellau)
MESMAC Equlpment Computer
Equipment
Total
Cost
At 1.4.23
Additions
125000
23691
408
47757
31177
228033
As at 31.3.24
125000
23691
408
47757
31177
228033
Depreclation
At 1.4.23
For the year
11250
1250
22988
176
408
39122
2159
31171
104939
3587
At 31.3.24
12500
23164
408
41281
31173
108526
Net Book Value
At 31.3.24
112500
527
6476
119507
At 31.3.23
113750
703
8635
123094
The assets are used for charitable purposes.
6. Debtors - amounts falling due within one year
2024
2023
Trade debtors
Prepayments
22752
6000
16861
28752
16861
7. Creditors - amounts falling due within one year
2024
2023
Trade creditors
Other taxes and Social Security costs
Accruals & deferred income
Pension creditor
4000
7908
5000
5649
2721
6733
5000
5498
22557
19952
8. Related Party Transactions
The Company is managed by the Board as listed on page 2. Travel expenses totalling £87 were
paid to two Board members this year (2023.. £nil). No fees or remuneration was paid to Board
members (2023: £ nil).
25

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS- Gontinued
FOR THE YEAR ENDED 31 MARCH 2024
8. Rolated Party Transactlons- contlnued
The chief executive was appointed an independent board member of Betsi Cadwaladr University Health
Board, representing the third sector, until her resignation at the end of February 2019. The Health Board
provided funding for the Building Stronger BridgeslHealth and Wellbeing Facilitator and Social Prescription
projects during the year12023'. 21.
9. Gwynedd Councll Penslon Scheme
The company is a member of the Gwynedd Council Pension scheme which is a defined benefit statutory
scheme. The fund is governed by the Local Government Pension Scheme Regulations 1997. The last
triennial independent actuarial valuation was performed as at 31 March 2022, however a detailed valuation
is performed at each year end in accordance with FRS102. The pension costs for the period are detailed
below.
Hymans Robertson prepared a report for the preparation of these accounts'.-
Movemant In the Defined Beneflt Scheme A88et8, Obllgatlons and Surplus
A88et8
£000
Obllgatlon8
£000
Surplus
£000
Blhvd 1.4,23
2840
1827
1013
Charged to the statement of flnanclal actlvltles
Current service cost
Interest income on plan assets
Interest cost of defined benefit obligation
29
134
134
115
19
Cash flow
Participants contributions
Employer contributions
Benefits paid
27
189)
27
(891
2919
1860
1059
Remeasurements
Changes in financial assumptions
Changes in demographic assumptions
Other experiences
Return on assets excluding amounts
included in net interest
(106)
(10)
54
181
181
(62)
243
Cl￿d 31.3.24
3100
1798
1302
26

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
9. Gwynedd Council Pension Scheme - contlnued
Falr Value of Employer Assets
31 March 2024
£OOO's
1953
217
682
248
31 March 2023
£OOO's
1903
511
426
Equities
Property
Cash
Bonds
3100
2840
Net Penslon Assets
31 March 2024
£OOO's
3100
31 March 2023
£OOO's
2840
Scheme Assets
Present Value of Scheme Liabilities
(1798)
(1827)
Net Pension Surplusl(Deficit)
1302
1013
31 March 2024
31 March 2023
Movement In surplusldeflclt durlng the year;.
Surplus blf
Current serdice cost
Employer contribution
Net return on assets
Actuarial gainsl(losses)
1013000
(29000)
28594
46406
243000
190000
(51000)
29234
3766
841000
Surplus clf
1302000
1013000
The estimated contributions for the year to 31 March 2025 are £29,000 (2023. £30,000). The rate of
return on plan assets was 11. 2 % in the year to 31 March 2024 (2023.. 1.5 % ) , with the employer assets
representing less than 1 % of the fund.
31 March 2024
(0/0 per annum)
31 March 2023
(0/0 per annum)
Assumptlons
Pension increase rate
Salary increase rate
Discount rate
2.75
3.25
4.85
2.95
3.45
4.75
Sensltlvlty analysls- change in assumptions
Approx 0/0 increase
Approx
£000
0.1 % decrease in the Real Discount Rate
Life expectancy increase of 1 year
0.1 % increase in the Salary Increase Rate
0.10/0 increase in the Pension Increase Rate
34
72
2,/0
32
27

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
10. Statement of Net Assets between Funds
As at 31.3.24
Unrestrlcted Restrlcted
Funds
Funds
Total
Fixed Assets
Current Assets
Creditors
119507
1971527
(22557)
119507
35304 2006831
(22557)
2068477
35304 2103781
As at 31.3.23
Unrestrlcted Restrlcted
Funds
Funds
Total
Fixed Assets
Current Assets
Creditors
123094
1658155
(19952)
123094
45273 1703428
(19952)
1761297
45273 1806570
28

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
11. Statement of Reserves for the year ended 31 March 2024
Restrlcted Funds
BalanGe
at 1.4.23
Transfers
Balance
at 31.3.24
Income
Expenses
1. Grant Schemes - various 2736
2. Building Stronger Bridges 3599
3. Volunteering Centrel
Gwirvol
2002
4. Mobile Unit
4687
5. Social Prescription
3492
6. Developing MaesgeirGhen 1459
7 Compassionate Cymru 27613
8 Voluntary Sector Fund
(315) 735387
9. Gafael Llaw
12000
10. Eisteddfod Llyn ac Eifionydd
9300
52104
44557
(52104)
(43872)
2736
4284
2002
4687
3547
60900
(60845)
(711)
(10801)
(735072)
(10764)
(12374)
(748)
16812
1236
3074
45273
914248
(926543)
2326
35304
Balance
at 1.4.23 Income
Actuarlal Balance
Galn at 31.3.24
Expenses Transfers
Unrestricted Funds
1.General Funds
2.Designated Funds...
Staff costs
Contributions towards
2018119 and future costs 33318
Employing officer for 6
months
Employing SROI staff
for 12 months
3. Pension fund (note 9)
685338
367369
(346863) (2326)
703518
2592
2592
33318
5674
5674
21375
1013000
21375
243000 1302000
46000
1761297
367369
(300863) (2326) 243000 2068477
The company's Directors wish to draw attention to the fact that the pension fund has affected the final results. As detailed
in note 9) Gwynedd Council Pension Scheme, it is a defined benefit scheme where the valuation is updated annually in
accordance with FRS 102. The 31.3.21 valuation assessed the scheme liabilities lo be in excess of the scheme assets
and as a result the plan had a deficit of £197.000, creating a defined benefit liability in the Statement of Financial Position
as at the year end. The fund has been in surplus al each subsequent year end.
On 31.3.24 the valuation shows that the plan assets are in excess of the plan liabilities, consequently creating a plan
surplus of £1,302,000 in the current Statement of Financial Position (also 31.3.23 £1,013,000). The last full triennial
valuation look place as al 31.3.22 with 2019 being the previous full valuation. In accordance with FRS 102 the plan
asset has been recognised as it is possible to realise the amount via either reduced contributions in the future andlor
refund. Both Gwynedd Council and Hymans Robertson confirmed that the plan terms and conditions allow this.
The scheme is outside the control of the Directors and the results can vary considerably year on year.
29

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
11. Statement of Reserves for the year ended 31 March 2023
Restrlcted Funds
Balance
at 1.4.22
Transfers
Balance
at 31.3.23
Income
Expenses
1. Grant Schemes- various 3058
2. Building Stronger Bridges 5481
3. Volunteering Centrel
Gwirvol
2002
4. Mobile Unit
4778
5. Social Prescription
3492
6. Developing Maesgeirchen 1477
7. Compassionate Cymru 24685
8 Voluntary Sector Fund
91255
39663
(91577)
(41545)
2736
3599
2002
4687
3492
1459
27613
(315)
(91)
(60000)
(25204)
(22072)
(315)
60000
25186
25000
44973
241104
(240804)
45273
Balance
at 1.4.22
Transfers Actuarial Balance
Gain at 31.3.23
Income Expenses
Unrestricted Funds
1.General Funds
2. Designated Funds.'_
Staff costs
Professional fees
Contributions towards
2018119 and future costs 33318
Employing officer for 6
months
Renewing IT equipment
Employing SROI staff
for 12 months
Dolgellau repairs
675287
362389
(389963)
37625
685338
2592
3000
2592
(3000)
33318
5674
10000
5674
(10000)
32000
14000
(10625)
(14000)
21375
3. Pension fund (note 9)
190000
(18000)
841000 1013000
965871
362389
(407963)
841000 1761297
The company's Directors wish lo draw attention lo the fact that the pension fund has affected the final results. As detailed
in note 9) Gwynedd Council Pension Scheme, il is a defined benefit scheme where the valuation is updated annually in
accordance with FRS 102. The 31.3.21 valuation assessed the scheme liabilities to be in excess of the scheme assets
and as a result the plan had a deficit of £197.000, creating a defined benefit liability in the Statement of Financial Position
as at the year end. The fund has been in surplus at each subsequent year end.
On 31.3.23 the valuation shows that the plan assets are in excess of the plan liabilities, Gonsequently creating a plan
surplus of £1.013,000 in the current Statement of Financial Posilion (also 31.3.22 £190.000}. The last full triennial
valuation took place as at 31.3.22 with 2019 being the previous full valuation. In accordance with FRS 102 the plan
asset has been recognised as it is possible to realise the amount via either reduced contributions in the future andlor a
refund. Both Gwynedd Council and Hymans Robertson confirmed that the plan terms and conditions allow this.
The scheme is outside the control of the Directors and the results can vary considerably year on year.
30

MANTELL GWYNEDD CYF.
NOTES TO THE ACCOUNTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
11. Statement of Reserves for the year ended 31 March 2024 - continued
The restricted funds represent income towards a speGifiG project where the donor specifies how
the income can be spent'.-
1. Various grant schemes for the community.
2. Building Stronger Bridges - Health Facilitator.
3. Core funding of the Volunteer Centre and volunteering amongst Young People in Gwynedd
project.
4. Mobile Unit for taking information out to the communities within Gwynedd and beyond.
5. Social Prescription pilot scheme in Arfon
6. Project to develop the community of Maesgeirchen.
7. Compassionate Cymru project
Voluntary Sector Fund shared prosperity fund grants supporting individuals with special
needs.
9. Gafael Llaw i Wirfoddoli- supporting individuals with additional needs
10. Eisteddfod Llyn ac Eifionydd - raising volunteer awareness.
The unrestricted fund represents the funding from various external funders to further the objects
of the charity.
The designated funds have been decided by the Trustees to cover future costs as follows'.-
redundancy and sickness staff costs.,
contribution towards general running costs in 2018119 and the future.
contribution towards employing an individual for 6 months during 2015116 with the balance
being carried forward.
contribution towards employing SROI staff for 12 months.
12. Financlal Commitments
At 31 March, 2024 the company had cumulative operating lease commitments on land and
buildings and equipment expiring:"
Land and Equipment
Buildings
2024
Land and Equipment
Buildings
2023
2024
2023
Within one year
Between two and five years
After five years
24000
54000
4743
5547
24000
78000
4743
4862
78000
10290
102000
9605
31