COMPANY REGISTRATION NUMBER: 03607430
CHAR￿ REGISTRATION NUMBER: 1071770
4 Winds User Led Association
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2025
CARSTON ETL
Chartered accountsnts
1st Floor, Tudor House
16 Cathedral Road
Cardiff
CF119LJ

4 Winds User Led Associatlon
Company Limited by Guarantee
Financlal Statements
Year ended 31 March 2025
Page
Trustees, annual report {incorporating the directo¢s report)
Independent examiner's report to the trustees
Statement of financial aclivities (including income and
expenditure account)
statement of financial position
Notes to the financial statements
10
12

4 Winds User Led Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Dlrectorfs Report)
Year ended 31 March 2025
The trustees. who are also the directors for th8 purposes of company law, present thelr report and the
unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and admlnlstratlve detalls
Rogistered charlty nam•
4 Winds User Led Association
Charity reglstratlon number
1071770
Company raglstrallon number 03607430
Principal offlc• and registorod 65 Clare Road
offl¢0
Grangetown
C8rdiff
CF116QP
The trust•os
Susan Hooper
Kathryn Lock
Jonalhan Roderlck
Clifford Golden
Cheryl Johnson
Ken Urwin
(Appolnted 29 January 2024)
{Appolnted 29 January 2024)
Company tygcretary
Susan Jones
Independent oxamln•r
Farzana Ahmed FCCA
Carston ETL
1st Floor, Tudor House
16 Cathedral Road
Cardiff
CF119LJ

4 Winds User Led Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (¢ontinued)
Year ended 31 March 2025
Objectlvos and actlvltles
Our charitable objects as stat8d In our Memorandum and Artlcles of Ass￿l8t10n are:
o promote the relief of persons experiencing mental heatth dirricultles withln the area of Cardiff. the
Vale of Glamorgan and surrounding argas by provldlng an independent. user led resource I drop-in
centre and associated support, in order to enable and empcwier users of its service to obtain thelr full
rlghts and privileges as citizens,.
4Wlnds continues to provlde a us8r48d mental health resource service to adults of worklng ag8 living
In Cardiff and the Vale of Glamorgan. The servlce Is unlque in the locallty; it is user led and user
managed (the management is comprised excluslvely of people who use I hav8 used mental health
seNlces) and it operates a flexlbl8 and responsive. recovery focussed senii¢e with a range of person
Centred, trauma infomied support options available.
Our Mission statement Is". 4Winds User Led Assoclatbn exists to provide an open4cces6 mental
health resource for people living in CardSff and surrounding areas. We promote recovery through
provlslon of supporl, infonnation and opportunities for involvement.
A range of person centred, trauma Inlonned and recovery focused mental health support ¢ontlnues to
be offered by 4Wind5. In brlef our serwlces Include:
Emotional su
ortIMental Health Recove
Star su
Workers offer a range of emotional support services including listening support. information,
signposting, social prescribing, guided self help and liaising with a huge range of community
organisatlons. health and social care professionals. Workers are encouraged to work flexibly. to take
holistic approach and to promot8 recovery and independence. All workers are also trained and
licensed to use the Mental Health Recovery Star person centred outcomes tool whSch is invaluable for
service users to identify support needs and to chart recovery in a hollstlc and person centred way.
Thls support is generally offered In person, typically offering 6 sessions but we continue to glve the
optlon of telephone or onllne calls for those who struggle to make face to face appointments.
Social Cont8
t and Peer Su
ort
Many people accessing our service experience loneliness, isolation and low self-esteem. The
resource servlce and open access peer support Sessions held twice weekly offers opportunities for
individuals to make social contact and access peer support: a key factor in the recovery process for
many people. Peer support, social inclusion and connection have been identified as cruclal to mental
health recovery; thls Is an incredibly important and effectiv8 part of the service at 4Wlnds. Many robust
networks of support have been established thls way and many people enjoy a much-increased quallty
of Ilfe and enhanced wellbeing as a result. The organlsatlon of w8llbeing activities Including
workshops. creative actlvltles and occaslonal soclal gatherings also offer valuable opportunities for
social contact and peer support. As well as the sesslons held at our centre, we facllitate weekty meet
ups in the community. meeting in Cardiff Castle grounds café for a social peer support group. This
central ¢ty centre meeting point offers many people opportunities to socialise, feel less included and
more Confident to access other opportunities in the community.
rtunities for InvolvemenUco-
roducti
We encourage user involvement at all levels of the organisation and ensure that the service develops
in response to 8Stablished user need. Much of the work we do is GO-produc8d wllh peopl8 uslng
mental health services.

4 Winds User Led Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporatlng the Director's Report) (continued)
Year ended 31 March 2025
Infomiation.
The centre responds to many requests for information from service u5er5 and organisations. We
respond to high volumes of telephone and email queries. We post on social media and ensure the
website is kept up to date. We keep service users and organisations up to date wilh regular email mall
outs and forward useful updates from organisatlons such as the Cardiff and Vale R8COV8ry and
Wellbeing College. We hold occaslonal infomation sessions at the centre. Thls has Included one by a
mental health phannacist, researchers from the Centre for Mentsl Health. Caniad lived experience
project and Riverside Advice.
Vocational su
ort.
Sarvice users are encouraged to reallse their potential, to recognise their skills and to pursue their
aspirations. We provlde Infonnalion and support in accessing opportunltles In education, training.
volunteerSng, paid work, leisure facilities and the arts. We actlvely encourage service users to take up
opportunities on offer via the Cardiff and Vale Recovery College, Aduh Learning Wales and Dice
{Cardlff Adult Community Cour888) courses. We also deliver a range of courses and wellbelng
a¢tSvities ourselves. We actively encourage people to take up opporbJnltles such as the Wales
Mlllenlum Centre's discounted ticket scheme and support people in maklng arrangements If
necessary. Many people have been Introduced to a variety of arts and theatre 5how8 whlch have
resulted in enhanced wellbeing, a broadening of interests and boost to confidence and self esteem.
Many people we see are in employment and the emotional support and practical assistance received
helps maintain the employment or e retum to employment for those who have iaken sick leave for
poor mental health.
Soci
IPr
Our service is delivered in a hollstlc, p8rson centred way thal r8cognise5 the vast array of activiti8S,
groups end servlces Sn our communlt16S that can help meet health and w8llb81ng needs of the people
we work wlth. Signp06ting. provlslon of informatlon and active soclal prescriblng are Integral
elements of the support offered. Thls happens on a daily basis at 4Winds In both the 1.1 emotional
support sessions and tha open access peer support group8.
ive
of Well Beln
Activities and Courses.
We continue to offer a range of V￿lIbeIng courses and workshops including Managing Anxiety.
Mlndfulness. Active Listening, M8naging Emotions and Managing Anger. These are well received,
W811 attended and produce excellent outcomes for participants.
We were ple8sed to be able to contlnue to hold regular creative se8sions facilitated by the excellent
Stiwdio Arts and made possible through the contlnued support of the Cardiff and Vale Arts In Heatth
Charity Team, funded by the Arts Council in Wales and the Baring Foundation. The range of creatlve
approaches explored In these sessions and th8 work produced was truly Impressive and the Increased
self esteem and sense of wellbeing for Ihose who participated was well 8videnc8d. These lake place
in our own centre, but also in a range of community venues such as Grangetcmn Hub, the Grange
Pavilion and Cardiff Museum.
Welfare Ri
hts Partnershi
We continu8 to vmrk with our partners Riverside Advlce. This specialist qualty mark welfare rights
organisation provldes specialisl help and advice to people struggling with their mental health and
welFare rights Issues. Rlverslde Advice provides the welfare benefits, debt and energy efficiency
advice whilst 4Winds offers emotional support and practlcal assistance throughout the process. This
work is achieving excellent outcomes for people and is regularly described as a life saverl Ilfellne.

4 Winds User Led Association
Company Llmited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report> (witlnuedj
Year ended 31 March 2025
Our aims and objectives as developed In our three-year business plan are:
Strateglc Alms
1. To contlnue meetlng Ihe needs and promollng the recovory of peoplo experlenclng menlal
health dlfflcultles.
Oblectlves
To continue providing a user-led mental health resource service that works flexibly io
meet the needs of people using It.
To continue with the dellvery of wellbeing activities and trainlng
To ensure that the service is delivered withln 8 r8COV8ry focussed approach and that
W8 work to the Cardiff and Vale Charter for Adult M8ntsl Health.
To ensure that workers adopt a facilitative style in which diversty18 C818brated and
individual strengths 8r8 recognised.
To offer a rang8 of seNices including on a 1.1 basls and in groups. Services to
Include: provision of inform8tion, sign postlng, social prescribing. social contact and
peer support, emotlonal support, vocational support, tralnlng and wellbelng actlvltiès,
W￿￿are rlghts support and opportunilies for Involvement.
To publicise the service widely amongst a range of volunLqry, statutory, primary care
and communlty organlsations lo ensure that we reach those In need of the servlce.
To maintain current working partnerships and explore opportunities for furth8r
partnerships to help us meet our aims.
To keep abreast of local and national developments in policy and practice and ensure
that wa work wlthln these.
2. To malntaln and develop opportunltles for 8orvlco user Involvement wlthln tho organlBatlon.
Objectfvos
To maintaln the organisatlon as user-led and user managed (as currently stated In our
constitution). The management committee will be made up excluslvely of past I
present Users of ment81 health services, elected annually at the Association'8 AGM.
To ensure that wo worf( withln our pollcy on servlce user Involvemont and revlew thls
policy regularly.
To continue holding members meetings on a monthly basls.
To contSnue obtalnlng service user feedback and montal health recovery star
outcomos to ensure that the service is meetlng needs and helping people work
towards recovery.
To continue wlth present mechanisms and opportunlties for gettlng Involved and to
review these to ensure that they meet Current needs.
To ensure that every individual accessing the servlc8 Is aware of the opportunrties for
becoming Involved and is supported In the process If they so wish.
To keep up to date with policy and guldance and ensure that we develop a good
model of user-led servlces.
3. To increase the currnnt capacity of the organlsatlon (in tern)s of staffing and flnanc•)
Objectives
To fijndraise for the employment of an additiork21 Project Worker to the staff team (to
increase capacty of the service).
To explore the potential for new partnershlps whlch enhance the service and incr8as8
capaclty.
To access any funding opportunities that helps us to m8et our aims and objectives.

4 Winds User Led Association
Company Limited by Guarantee
Trustees. Annual Report {Incorporating the Dlrector's Report) (conflnued)
Year ended 31 March 2025
A¢hl8vements and performance
We hav8 continued to meet the needs of a wide range of people experiencing mental health Issu8S.
We are pleased to report that the majority of people accessing our Se￿ice have achieved excellent
outcomes with much improved menial health and wellbeing. Indeed, our support continues to be in
high demand. We r8ceived over 500 new referrals durlng thls year, we supported nearly 700
Indlviduals and recorded 6,979 contacts for the year. a fantastlc achievement for a small team offering
a bespoke, person centred seNlce. Our staff retention record continu8S to be w811 over average: the
team rs highly exp8rienced and extremely committed to the dellvery of a b6St practice inclusive and
effectlve servlce.
Th8 full range of recovery focussed sepllces (6motional support, SOCI81 contact, P8er support.
infomiatlon, vocatlonal support, training and wellbeing activltles, soclal prescrlblng servrce. welfare
rights project, and opportunities for involvement) already d&scrlbed continues to be available to all Itho
use our seriice.
As well as having a management committ88 comprls8d 8xclusively of mental health $8Nlce users, wè
encourage people uslng the sorvlce to become Involved in some aspect. This could be on a day to
day basls through helplng out with a particular actlvity such as networkSng eventslmeetings, slttlng on
an Intervlew panel for new workers, or helplng to organise an event. We continue to SUPFM)rt
opportunities for service user involvement in training through developing links with Cardiff University
and Cardiff Metropolitan Unlversity. A group of service users continue to be involved in delivering
presentations as part of the social work degree and are also involved in aspects of planning course
content and interviewing students. The quallty of service user presentations has been outstanding and
the excellent feedback from lecturers and students are testimony to the posltlv8 Impact that these
sessions continue to hav8 on social work teaching.
Maintainlng regular neknrking and Ilaison with other agencles Is always crucial to our work. We
have good working relalionships with many partners in mental health and related fields. Our strong
working relationship with Riverslde Advice SeNices continues and the work of the jolnt project funded
by the British Gas Energy Trust continues to grow and help8 increaslng numbars of peop16 in need.
We are dellghted to contlnue to work with them and offer such a cruclal seNi¢e during the
cost-of-llvlng crisis. The difference this project Is maklng is life changing for many. Thi8 hlgh ng8d is
also reflected In an Increase In the number of people requesting food bank vouchers. We continue to
work in partnershlp with the Tru6sell Trust In Cardiff to ensure that we can help those In need.
Another positive development has been th8 continuation of Zurfch Communty Trust funding. This not
only provldes much needed finandal support, but a host of other benefits such as access to
organlsational development and Iralnlng servlces.
As well as benefitling from fr8e national
conference places (for example on dlverslty and inclusion. wellbelng at work and social
medialmarketlng), we have also beneffted from a cost of Ilvlng Increase to the funding received for this
year and were grateful reciprents of a festlve challenge award during Christmas 2024. Zurich
organised and funded a lovely Christmas party and buffet including a free raffle and mini quiz. The
50 free raffle prtzes they had purchased and wrapped meant that everyone went home with a small
gift.
As already reported, we continue to strengthen our working relationship with a wide range of
organisalions and in particular, the Hamadryad Community Menlal Healih Team. We stlll attend their
ekly referral meeting so that they can refer directly to our service if and when appropriate. This
has meant that many people who do not meet secondary care crlteria have been offered the support
of 4Wlnds services. We also support rnany p8Dpl8 who are dlscharged from their servlce but stlll
require some support in progressing their recovery. We have ach18V8d excellent outcomes for people
and enhanced our working relationships.
We have kept up to date wlth local and national developments in mentsl health and 8nsure that we

4 Winds User Led Assoclation
Company Limited by Guarantee
Trustees. Annual Report {Incorporatlng the Dlr8ctorfs Report) f¢ontlnu6d)
Year ended 31 March 2025
develop our servlce In response to user need through seeklng faedback and measurlng outcomes
achieved for Service users through the Recovery Star and other measures.
We are proud of the way that the 4Winds team have yet again demonstrated an ability and
commitment to working responsively and flexibly to meet the needs of the servlce and the increased
demands for 1.1 emotional support work. We aim to continue to meet these demands whilst offering a
balance of peer support groups. wellbelng actlvltles, courses, workshops and welfar8 rights support
work. W8 look forward to developing our services further over the coming year.
Flnanclal revlew
Th8 r8s8rves balance at the year4nd of 31 March 2025 amounted to £154,384 (2024.. £141,144). Thls
is wholly represented by the unrestricted reserve balance £154.384 (2024.. £141.144). of which
£149,528 (2024.. £133.513)Is free reserves (1.6. not tied up in fixed assets).
Statement on Ro8eN88
4Winds has a reserves pollcy of holdlng between 3 to 6 months of expendlture as unrestricted
re8erves. The free reserves balanca of £149,528 at 31 March 2024 equals approxlmatety 6 months
running costs. The Trustees are satisfied thal this level of reserves wlll help to meel possible
unexpected obllgations and gSve tlme to find altematlve sources of funds In future rf nece888ry. This
policy is reviewed annually.
Golng Concern
We are In recalpt of Cardiff and Vale Universty Health Board funding for our resource s8Nlce until
April 2027. with an uplift of £54,000 avai18ble per annum from April 2025 to the end of March 2027,
BGET funding (including a wider area) until 2026 and Zurlch Community Trust until the end of 2025.
Trustees are mindful of the uncertainty of future funding and shall continue to monitor the financial
sltuatlon. to plan ahead and take whatever steps are requlred to ensure that expendlture stays within
income at all times. The trustees will 8nsure that th8 OV8rrldlng alm, as always, is to develop and
improve the service for the benefit of those experlenclng mental health problems in Cardiff and the
Vale of Glamorgan
Structur•, gov•rnanu and managemant
The organlsatlon is a charitable company which is governed by its constitution {Memorandum and
Articles of Association).
The board of trustees (Management Commlttee) Is comprised of indlvlduals who ar8 members of the
Association. Elections take place annually at the Assoclation's Annual General Meeting {AGM). The
Committee consists of up to nine full members and up to three co-opted non-voting members. At
each AGM the three longest serving full members of the Management Commlttee, or whichever
number will resull in the creation of three vacancies, wlll stand down and three new Managemenl
Committee members will be elected by secr8t ballot of the membership during the AGM. The AGM is
advertised to all members and through the 4Winds emailing lists 8nd general publicity. For furth8r
detsils on the apFKiintment of trustees please refer to the Memorandum and Artlcles of Association.
Tho Management Committee has developed a policy on risk. To address th8 rfsk of finanaal loss the
trustees have a statement on reserves and aims towards building on the current level of reserves.
There are a raft of procedures In place to help deal with risk in the workplace such as health. safety
and security, safeguarding and relevant insurance policies are in place.

4 Winds User Led Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) (C¢¥nllnu￿)
Year ended 31 March 2025
Small company provlslons
This report has been prepared In accordance wlth the provlsions applicable to companies entitled to
the small companies exemption.
The trustees, annual report was approved on
trustees by:
.].s/i3.125..
and slgned on behalf of the board of
{sl9n)
(prfnt namo)
Trustee

4 Winds User Led Assoclation
Company Limited by Guarantee
Independent ExamineVs Report to the Trustees of 4 Wlnds User Led
Association
Year ended 31 March 2025
I report to the trustees on my examination of the financial statements of 4 Winds User Led Association
(Ihe charity,) for the year ended 31 March 2025.
Responslbllltl6s and basls of report
As the charity trust88s of the company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requir8ments of the
Companies Act 2006 <'the 2006 Act,).
Havlng satisfied myself that the accounts of the Company are not requlred to be audited und8r Part 16
of the 2006 Act and are eligible for independent examlnatlon, I report In respect of my examination of
your company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In
carrying out my examination I have followed the Directions given by the Charity Commlsslon under
section 145(5)(b) of the 2011 Act.
Ind¢p•nd•nt •xamln•rfs statement
I have completed my exeminatSon, I confirm that no matters have come to my attentlon in connection
with the examination giving me cause to believe that In any materfal respect..
accounting records were not kept in respect of the company as required by s8Ctlon 388 of the
2006 Act; or
2. the accounts do not accord with those records: or
3. the accounts 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, whlch Is not a matter
considered as part of an independent examln8tlon' or
4. the accounts have not bean prepsred in accordance with the methods and principles of the
Statemènt of Recommended Practice for accounting and reporting by charlties 8ppllcable to
¢harit18s preparing thelr acGounts in accordance wlth the Flnanclal Reportlng Standard
appllcable In the UK and Republlc of Ireland (FRS 102),
I have no concerns and have come across no other matters in Gonnection with the examlnation to
which attention should be drawn in thls report In order to enable a proper understanding of Ihe
accounts to be reached.
F8rzana Ahmed FCCA
Independent Examiner
Carslon ETL
1st Floor. Tudor House
16 Cathedral Road
Cardrfr
CF119LJ
Date.. i& I iTrl

4 Winds User Led Association
Company Limited by Guarantee
Statement of Flnancial Activities
(Including income and expenditure account)
Year ended 31 March 2025
2025
Restrict8d
funds Total funds Total funds
2024
Unrestricted
funds
Noto
Income and ondowments
Donations and legacies
Charitable activities
Other trading actlvit188
Total Income
18.140
152,195
20,000
38,140
152,195
39.920
152.195
1,540
193.655
170.335
20,000
190,335
Expenditure
Expenditure on charftable activities
Total oxpendlturg
157,095
20,000
177.095
180.979
157,095
20,000
177,095
180,979
N•t Incomo and n•t mov•m•nt In funds
13,240
13.240
12,676
Reconclliatlon of funds
Total funds brought forward
Total fund$ carrlod forward
141,144
154,384
141,144
154.384
128.468
141,144
The ststemont of fjnanclal activities Includ88 all gains and losses recognlsed In the year.
All income and exp&nditure derlve from continuing activitles.
The notes on pages 12 to 20 fonn part of those financlal statements.

4 Winds User Led Associatlon
Company Llmlted by Guarantee
Statement of Flnanclal Posltlon
31 March 2025
2025
2024
Noto
Flxéd assels
Intangible assets
Tangible f￿ed assets
15
16
3.500
1.356
7,000
632
4,856
7.632
Currnnt assets
Debtors
Cash at bank and in hand
17
3,430
150,124
153,554
1,549
138,641
140,190
Croditorn: amounts falllng due wlthln on• y•ar
Net currnnt ass•ts
18
4.026
6,678
133.512
149,528
154,384
Totsl assets lass curront Ilabllltl•s
141,144
Net assets
154,384
141,144
Funds of the Gharlty
Unrestrlcted fund8
154,384
154,384
141,144
Total charlty funds
20
141,144
For the year ending 31 March 2025 the charity was 8ntitlod to exemptlon from audlt under sectlon 477
of the Companles Act 2006 rfjl8tin9 to small companies.
Dlrectors, responslbllltles:
The members have not required the company to obtain an audit of its financial ststements for the
year In qu&stlon In accordance w5th sectlon 478;
The directors acknowledge thelr responslbllltles for complylng wlth the requirements of the Act
with respect to accounting records and Ihe preparation of financial statements.
These financial slatements have been prepared In accordanc8 With th& provlslons appllcable to
companies sublect to the small companies, regime.
The statement of financial position
continues on the following page.
The notes on pages 12 to 20 fomi part of thoso flnanclal Statements.
10

4 Winds User Led Assoclation
Company Limited by Guarantee
Statement of Financial Posltlon (contlnu•d)
31 March 2025
These flnancial taternents were approved by th8 board of trustees and authorised for Issue on
and are signed on behalf of the board by:
Signed
Signed .
Prlnt Name ..
Tnjstee
Print Name ..
Trustee
Company registratlon numb8r.' 03607430
The notes on pages 12 to 20 fomi part of these financial ststemonts.
11

4 Winds User Led Assoclation
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
General Infomiatlon
The charity is a public benefit entity and a private company limited by guarantee. registered In
England and Wales and a registered charlty In England and Wales. The address of the
r8gist8r8d office is 65 Clare Road. Grangetown. Cardiff, CF116QP.
statement of compllance
Th8S8 financial ststements have been prepared In compliance with FRS 102, 'The Flnancial
R8POrting Standard 8ppllcable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice appllcable to charfties preparlng thelr accounts In accordance wlth the
Flnanclal Reportlng Stsndard applicable in the UK and Republic of Ireland (FRS 102> (CharStles
SORP {FRS 102)> and the Companies Act 2006.
A¢eountlng poll¢le8
Basls of pr•paratlon
The financial statements have been prepared on the hlstorlcal cost basls.
The finandal statements ar8 prepared in sterling, which is the functional currency of the entlty.
Golng concem
As at 31 Merch 2025 the charltable company had unrestrlcted reserves of £154,384, of whlch
£149,528 ar8 fr88 resenies. The twstees have considered the going concern position in some
detail and are sati$fied that in the immediate future the steps that they have alre8dy taken to
review costs and secure additional funding for the next financial year should be sufflclent to keep
the charlty operatlonal for at 18asl 12 months. The detailed justification for thls has been
included in the financial review section of the trustees, annual report. On thSs basls the trustees
ara satlsfied that no adjustments are required to the accounts at 31 March 2025 to refiect any
uncertalnty in going concern.
Judg•m•nt8 and key sources of e8tlmatlon uncertalnty
The preparatlon of the flnanclal statements requlres management to make Judgements,
estimates and assumptions that affecl the amounts reported. These estimales and judgements
are continually reviewed and are based on experience and other factors. including expectations
of future evenls thal are believed to be reasonable under the clrcumstances.
Fund accountlng
Unrestricted fvnds are available for use at the discretlon of the trustees to further any of the
charftys purpos8S.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-dasses.. restrided incorne funds or
endowment funds.
12

4 Winds User Led Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accountlng pollcles {contlmmdJ
Incoming resources
All In￿)me Is Included in the statement of financlal actlvltles when entFtlement has passed to the
charity, it is probable that the economlc b8nefrts associated with the transaction will flow to the
charity and the amount can be reliably measured. The following specific policles are applied to
particular categories of income:
Income from donatlons or grants is recognised when th8r8 Is evldenc8 of entitlement to the gift,
r8C8iPt Is probable and Its amount can be measured rellably.
income from ¢onlr8cts for the supply of $8rvic8s is re¢ognised with the delivery of the
contracted service. Thls Is classlfied as unrestricted funds unless ther8 Is a contractual
requirem8nt for It to be spent on a particular purpose and returned If unspent, in which rnse it
may be regarded as restricted.
Re8ourc•8 •xp•nd•d
Expenditure is recognised on an accruals basls as a liabilty 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:
8XP8ndlture on charitable activities Includes 811 costs Incurred by a charity In undertaking
activities that further its charitable aims for th8 benefit of its beneficiaries. including those support
costs and costs relating to the govemanc6 of the charity apportioned to charitable 8Ctiviti8s. All
Costs are allocated to 8xpenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that actlvlty. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Intanglbl• ass•ts
Intangible assets are Snltially recorded at cost, and are subsequently stated at cost less any
accumulated amortisatlon.
Amortlsatlon
Amortisation is calculated so as to write off the Cost of an asset, less its esllmated residual value,
over the us8ful economic life of that asset as follows:
Wesblta development
20Yo Straight Iln8
If there Is an Indication Ihat there has been a significant change In amortisation rate, useful life or
residual value of an intsngible asset, the amortlsation is revised prospectively to reflecl the naw
estimates.
Tanglble assets
Tanglble assets are initially recorded at Wst. and subsequentty stated at cost less any
accumulated depreciation.
13

4 Wlnds User Led Association
Company Limited by Guarantee
Notes to the Financial Ststements (¢ontinuedJ
Year ended 31 March 2025
Arxountlng pollcles {Mntlnu•d)
Deproclatlon
Depreclatlon is calculated so as to wrlte off the Cost or valuatlon of an asset, less Its resldual
value, over the useful economlc lffe of that asset as follows..
Fixtures and fittings
Office 8quipment
25% straight line
330/0 Straight line
Impalmiont of flxed a88Ots
A revFew for IndlcAtors of Impairment is carried out at each reporting date, with the recoverable
amount being estimated where such Sndicators exist. No such impairments were required in the
year.
Flnanclal Instrum•nt8
A financial asset or a financlal liabiNty is recognised only when the entlty b8comes a party to the
contractual provlslons of the instrument.
Basic financlal instruments are initially recognised at th8 amount receivable or payable Sncluding
any related transaction costs, unless the arrangement constitutes a financing transaction. where
it is recognised at the present value of the future payments discounted at a market rate of
interest for a simllar debt instrument.
Current assets 8nd current liabililies are subsequently measurod at Ihe cash or other
conslderation expected to be paid or received and not discounted.
Financlal assets that are meesured at cost or amortlsed cost are reviewed for objectlve evidenc8
of impalrment at the end of each reportlng date. If there is objective evidenc8 of impairment, an
impainnent loss Is recognised under the appropriate headlng In the statement of financial
activities In which the initial gain was recognised.
Deflned contrfbutlon plans
Contrlbulions to defined contribution plans are r8cognised as an expense in the period in which
th8 related service is provided.
Llmlted by guarantee
Every mernbar of th8 Cherity undertakes to contribute such amount as may b8 required (not
exceeding £10) to the Charlty's assets if it should b8 wound up whlle he or she is a member or
within one ye8r after he or she coases to be a member. for payment of the Charity's debts and
Ilabllltles contracted before he or she ceases to be a member, and of the costs, charges and
expenses of winding up, and for the adjustment of the rights of the contributories among
themselves.
14

4 Winds User Led Assoclation
Company Limited by Guarantee
Notes to the Financial Statements (contlnuodj
Year ended 31 March 2025
Donatlons and legacles
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Donatlons
Donatlons
640
Grants
British Gas Energy Trust consortium bid
Zurich Communlty Grant
20,000
20,000
17,500
38,140
17,500
18,140
20,000
Unr6strlcted
Funds
Restrlcted Total Funds
Funds
2024
Donatlons
Donations
670
670
Grants
Brltish Gas Energy Trust consortium bid
Zurich Community Grant
20.000
20,000
19,250
39.920
19.250
19,920
20,000
Charftabh actlvltles
Unrestricted Total Funds Unrestrlcted Total Funds
Funds
2025
Funds
2024
Cardlff and Val8 University Health
Board
152.195
152,195
152,195
152.195
Other tradlng actlvltles
Unrestrlcted Total Funds Unrestri¢ted Tot81 Funds
Funds
2025
Funds
2024
Servic8 user training
creats.ve Printing Workshop
1,290
250
1,290
250
1,540
1.540
15

4 Winds User Led Associatlon
Company Llmlted by Guarantee
Notes to the Flnanclal Statements {contInu
Year ended 31 March 2025
Expendlture on charftable aGtivitio9 by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Drop In C8ntre
Support costs
154.065
3,030
20.000
174.065
3.030
157,095
20,000
177.095
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Drop In Centre
Support costs
158,413
2,566
20,000
178.412
2,567
160,979
20,000
180,979
Expendlture on charltable actlvltles by acllvlty typo
Actlvttles
undertaken
directly
Support Total funds
costs
2025
Totsl fund
2024
Drop In Centre
Governance costs
174.065
174,065
3,030
177,095
178,412
2,567
3,030
174,065
3.030
180,979
10. Analysls of support costs
Analysis of
support costs
activty 1 Total 2025 Total 2024
Governance costs
3,030
3,030
2,566
11. Not Incomo
Net income is stated after charglngl(crediting)'.
2025
2024
Amortisation of intanglb16 8SS8ts
Depreclatlon of tanglble fixed assets
3,500
3,500
533
12. Independent examlnatlon fees
2025
2024
Fees payable to the independent examiner for:
Independent examination of the financial statements
2.280
2,280

4 Winds User Led Association
Company Llmlted by Guarantee
Notes to the Flnancial Statements f¢ontlnv•d)
Year ended 31 March 2025
13. Staff cosls
The total staff costs and employee benefits for the reporting period ar8 8nalysed as follows..
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
136,828
2,349
6,821
136.176
4,485
7.333
145,998
147.994
The average head count of employees during the year was 6 (2024.. 6). The average number of
full-time equivalent employees during the year is analysed as follows:
2025
No.
2024
No.
Number of servSce provlsion staff
No employee received 8mployee benefits of more than £60,000 durlng th8 year {2024: NII).
Key Manag•m8nt Porsonnal
Key management personnel Include all persons that have authorlty and responslblllty for
plannlng, directlng and controlllng the actlvities of the charlty. The total compensatlon paid to key
managemenl personnel for services provided to the charity wa5 £39,783 (2024'.£38,678).
14. Trustee rnmunèratlon and expenses
No remunaration or other benefits from employment with the charity or a related entlty were
recelved by the trustees.
All trustees are entitled to Glaim reasonable expenses Incurred in connection with attending
meetings. In 2025, trustees clalm8d £162 in expenses (2024 £166).
15. Intanglblo a8s0ts
Webslte
Dovelopmen
Cost
At 1 Aprll 2024 and 31 March 2025
Amortl$atlon
At 1 April 2024
Charge for the year
At 31 March 2025
17.500
10.500
3.500
14.000
Carrying amount
At 31 March 2025
3,500
At 31 March 2024
7,000
17

4 Winds User Led Associatlon
Company Limited by Guarantee
Notes to the Financial Statements (¢onlinu•dJ
Year ended 31 March 2025
16. Tanglble flxed assets
Fixtures and
fittings
Equipment
Total
Cost
At 1 April 2024
Additions
725
465
6.249
799
6.974
1,264
8.238
At 31 March 2025
1,190
7,048
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
724
30
5,618
510
6.342
540
754
6,128
6.882
Carrying amount
At 31 March 2025
436
920
1,356
632
At 31 March 2024
631
17. Dobtorn
2025
2024
Prepayments and accrued income
Other debtors
1,701
1.729
1,549
3,430
1,549
18. Crndltors; amounts falling due wlthln ona yéar
2025
2024
Accruals and deferred Income
Social securlty and other taxes
Other creditors
2,520
4,780
473
1,425
1.506
4,026
6,678
19. Penslons and other post retlremenl beneflts
Defined contrlbutlon plans
The amount r8cognised in incorne or expenditure as an expense in relation to defined
contrlbution plans was £6.821 (2024.. £7.333).
18

4 Winds User Led Assoclatlon
Company Llmited by Guarantee
Notes to the Flnancial Statements (¢ontlnts
Year ended 31 March 2025
20. Analysis of charftable funds
Unrestrictod funds
At
31 March 20
25
At
1 April 2024
Income Expenditure
General funds
141,144
170.335
{157,095)
154,384
At
31 March 20
24
1 April 2023
Income Expendrture
General funds
128,468
173.655
(160,979)
141,144
Restrlct•d fund8
At
31 March 20
25
At
1 April 2024
Income Expenditure
Brltlsh Gas Energy Saving Trust
20,000
(20,000)
At
31 March 20
24
At
1 Aprll 2023
Incorne Ex￿ndItUre
British Gas Energy Saving Trust
20.000
(20,000)
The Brit16h Gas Energy Savlng Trust grant is part of a consortlum bld with Rlverslde Advice Ltd
towards supportlng people with mental health Issues associaled with their debts. utility bills and
welfare rightslbenefits.
19

4 Winds User Led Association
Company Limited by Guarantee
Notes to the Flnanclal Ststements fcontlnuedj
Year ended 31 March 2025
21. Analysls of net assets between funds
Unrestricted Total Funds
Funds
2025
Intanglble assats
Tanglble fixed assets
Current assets
Credltors18SS than 1 year
Net assets
3,500
1.356
153,554
(4,026)
154,384
3.500
1.356
153,554
14.026)
154,384
Unrestrlcted Total Funds
Funds
2024
Intangible assets
Tangible fixed assets
Current assets
Cr8ditors18SS than 1 year
Nel assets
7,000
631
140,190
(6,677)
141,144
7,000
631
140,190
(6,677)
141.144
22. Rolat•d partlas
The charity was under the control of the Irustees throughout the current and previous year.
There are no transactions with related pardes r8qulred to be disclosed In the financSal
statements, other than trustee expenses, as detailed in note 14.
20