Charity registration number 1076680 (England and Wales)
Company registration number 3516328
DIGARTREF CYF.
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A11
*АЕНБУФАВ*
11/12/2025
COMPANIES HOUSE
#19

DIGARTREF CYF.
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Secretary
Charity number
Company number
Registered office
•
Auditor
Accountant
M Blackburn
J G Fraser
KA Grifths
B A Hughes
J Morgan
ME Roberts
K Grifiths
E Lloyd Burns
H Buckingham
M Pulford
A Greenough
1076680
3516328
Units 1, 2, 4 & 5 Holyhead Enterprise Centre
Kingsland Road
Holyhead
Anglesey
LL65 2HY
Crestmere Limited
Unit F1, Intec
Ffordd y Parc
Parc Menai
Bangor
Gwynedd
United Kingdom
LL57 4FG
Azets
Brynford House
21 Brynford Street
Holywell
Flintshire
United Kingdom
CH8 7RD
Appointed 4 October 2024
(Appointed 11 Octobe
2024)
(Appointed 1 April 2025)

DIGARTREF CYF.
CONTENTS
Trustees' report
Statement of Trustees' responsibilities
Independent auditors report
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the financial statements
Page
1-4
5
6-8
9
10 - 11
12
13-27

DIGARTREF CYF.
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting
and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts i
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)"
Objectives and activities
The company was formed to promote the relief of those who are homeless in Northwest Wales, to offer then
support in their areas of need, and to support them in achieving independent living.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake and how successful outcomes should be evaluated.
Achievements and performance
Significant activities and achievements against objectives
The overall performance of the charity throughout 2024/25 has been excellent and all services have been able to
meet the needs of those within our community affected by homelessness.
An in-depth overview of Digartref Cy's achievements and performance over the year will be outlined in its 2025
Annual Report, which will be published in time for the AGM in October 2025.
Digartref Cyf's Supported housing services for young people aged 16 to 25 continue to be highly utilized, with a
steady source of referrals being received via the local authority, with few voids suffered during the financial year
What is notable is that it is becoming more difficult to move people on to an affordable long-term home due to the
lack of options available to them e.g. very few one bed accommodation in the social housing sector, along with high
number of people on the housing allocations register, and limited choice in the private rented sector wher
competition is high and weekly rent charges are unaffordable for the client group. This means that young people are
staying with the charity for longer than was the case a couple of years ago.
To prevent homelessness from occurring in the first place for young people in particular, the local authority has beer
keen to utilise the Charity's highly successful Mediation and Family Led Intervention programme. One of the mair
aims of this service is to reduce the instances of family relationship breakdown which can often lead to young
people being asked to leave the family home, causing the young person to have to present as homeless to the local
authority. In seeking to adopt a preventative approach to this situation, the local authority has allocated just under
40k of Housing Support Grant to this service, providing longer term financial security for the charity's Mediation an
-amily Led Intervention programme and increasing its ability to continue to positively impact on reducing yout!
- 1-

DIGARTREF CYF.
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
much needed and utilised services.
Digartref Cyf was also successful in securing a further one year's funding from the Welsh Government under the
Youth Innovation Grant, and through working in partnership with the Isle of Anglesey County Council was able to
continue delivering the Llety Pontio Project. This project enables the provision of temporary accommodation with
support for young people aged 16 to 25 who might otherwise have to be accommodated in emergency B&B
To summarise, this has been a challenging and busy 12 months for the charity financially, due mainly to the loss of
long term established funding and the requirement to secure new funding streams as well as maintaining others
hrough the retendering process. Thanks to the hard work of key staff and the support of the Trustees, the financi
hallenges that presented themselves were overcome, allowing for the continuation and expansion of Digartre
Cyf's homeless prevention services.
Financial review
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should b
maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves
at this alies ensure that deration is give a ways at drop andia the maybe aise one reares
has been maintained throughout the year.
-2-

DIGARTREF CYF.
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Plans for future periods
community against the ever-challenging funding stream changes.
In addition to the continued successful delivery of some of the charity's core services, Digartref Cyf have been
26, we are highly optimistic that we will be able to report on its success in meeting the needs of young people in the
next year's annual accounts, and the charity's annual report.
The charity has been able to realise one of its long-term goals, which is to redevelop one of its assets, the Holyhead
Enterprise Centre into a Homeless Hub. Enabling the re-siting of the Lighthouse Day Centre into a purpose
designed facility. This will assist in ensuring there is capacity to support the increased numbers of individuals
accessing the service over the last few years and support an effective partnership approach to providing wrap
around services to some of the most vulnerable individuals in our society. This has been made possible through the
support of the National Lottery Community Fund "People & Places" having awarded a capital grant allocation of
£500,000, In addition the Community Facilities Programme has awarded a further £300,000. Without this substantial
financial support, the exciting new development would not have been possible. The related construction work is
currently under way, and we anticipate a return to the building in late August earty September 2025. The success of
its future operation will be reported on in the coming years.
Unfortunately, the charity and its close working partners such as the local authority continue to have to manage the
high level of demand on related services. It is highly likely that this will continue to be the case for the foreseeable
future. The charity continues to work with and support people with complex needs, those that may find it difficult to
access and maintain accommodation for multiple reasons. This is further compounded by issues of affordability,
accessibility, and limited suitable housing stock.
The high cost-of-living continues to impact our service users and our staff daily. The aim of the charity it to continue
to provide support for those that needed it and provide a competitive salary and renumeration package for those
who work Diagrtref Cyf.
Structure, governance and management
The charity is a company limited by guarantee and governed in accordance wih its Memorandum amd Articles of
Association.
-3-

DIGARTREF CYF.
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the directors for the purpose of company law, and who served during the year and up t
the date of signature of the financial statements were
M Blackburn
J G Fraser
KA Griffiths
B A Hughes
D LI Jones
C A Kirkwood
N Lane
J Morgan
FD P Morgan-Hamilton
Resigned 19 May 2025
Resigned 13 July 2024
(Resigned 26 February 2025)
(Resigned 10 January 2025)
ME Roberts
K Griffiths
E Lloyd Burns
H Buckingham
M Pulford
(Appointed 4 October 2024)
(Appointed 11 October 2024)
(Appointed 1 April 2025)
Recruitment and appointment of trustees
latters and monitor operation
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
guarantee to contribute £1 in the event of a winding up.
Auditor
In accordance with the company's articles, a resolution proposing that Azets be reappointed as auditor of the
company will be put at a General Meeting.
The Trustees' report was approved by the Board of Trustees.
A Greenough
Creamouf
9 December 2025
-4-

DIGARTREF CYF.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The arise Trustes also ta directors or a stare is in or are or a eleanore in
Accounting Standards (United Kingdom 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 charity and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that year.
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;
• make judgements and estimates that are reasonable and prudent
• state whether applicable UK Accounting Standards have been followed, subject to any material departure:
disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
- 5-

DIGARTREF CYF.
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF DIGARTREF CYF.
Opinion
We have audited the financial statements of Digartref Cyf. (the 'charity') for the year ended 31 March 2025 which
Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United
Kingdom Generally Accepted Accounting 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 2025 and of its
incoming resources and application of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
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 charity 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
onditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a goin
oncern for a period of at least twelve 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.
Other information
The other information comprises the information included in the annual report other than the financial statements
and our auditor's report thereon. The trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the other information and we do not express any form
of assurance conclusion thereon. 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 ir
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 this gives rise to a material misstatement
in the financial statements themselves. 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.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 requires us to report to you if, in our opinion:
the information given in the financial statements is inconsistent in any material respect with the Trustees'
report; or
-
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records; or
we have not received all the information and explanations we require for our audit.
- 6-

DIGARTREF CYF.
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF DIGARTREF CYF.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain 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.
A further description of our responsibilities is available on the Financial Reporting Council's website at: https://
www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Extent to which the audit was considered capable of detecting irregularities, including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in
line with our responsibilities, outlined above and on the Financial Reporting Council's website, to detect material
misstatements in respect of irregularities, including fraud.
We obtain and update our understanding of the entity, its activities, its control environment, and likely future
developments, including in relation to the legal and regulatory framework applicable and how the entity is complying
with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the
financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks,
and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.
This includes
consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.
In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed
procedures which included:
• Enquiry of management and those charged with governance around actual and potential litigation and
claims as well as actual, suspected and alleged fraud;
• Reviewing minutes of meetings of those charged with governance;
• Assessing the extent of compliance with the laws and regulations considered to have a direct material
effect on the financial statements or the operations of the entity through enquiry and inspection;
• Reviewing financial statement disclosures and testing to supporting documentation to assess compliance
with applicable laws and regulations;
• Performing audit work over the risk of management bias and override of controls, including testing of
journal entries and other adjustments for appropriateness, evaluating the business rationale of significant
transactions outside the normal course of business and reviewing accounting estimates for indicators of
potential bias.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance with a law or regulation is removed from the events and transactions reflected
in the financiai statements, as we will be less likely to become aware of instances of non-compliance. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may
involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- 7-

DIGARTREF CYF.
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF DIGARTREF CYF.
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees
those matters we are required to state to them in an auditor's 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 charity and the charity's
Barrie Buels FCCA FCIE
For and on behalf of
(Senior Statutory Auditor)
Crestmere Limited
Chartered Certified Accountants
Statutory Auditor
9 December 2025
Unit F1, Intec
Ffordd y Parc
Parc Menai
Bangor
United Kingdom
LL57 4FG
- 8 -

DIGARTREF CYF.
FOR THE YEAR ENDED 31 MARCH 2025
Notes
Unrestricted Restricted
funds
funds
2025
2025
€
Income from:
Donations and
legacies
Charitable activities
Other trading
activities
Investments
Total income
Expenditure on:
Charitable activities
6
7
Actuarial
gains/(losses) in
respect of pension
13
schemes
Net incoming resources
before transfers
Gross transfers
between funds
Net income/(expenditure)
for the year/
Net movement in funds
Fund balances at 1 April
2024
Fund balances at 31
March 2025
11,907
1,583,308
74,283
18,732
1,688,230
1,553,672
43,000
177,558
18,444
196,002
1,024,245
1,220,247
Total
Unrestricted
Restricted
funds
funds
2025
€
2024
€
2024
11,907
: 1.583,308
:
74,283
18,732
1,688,230
-
1,553,672
-
43,000
-
177,558
(18,444)
-
(18,444)
177,558
259,327
1,283,572
240,883
1,461,130
7,845
1,352,820
65,826
9,602
1,436,093
1,423,846
(6,000)
6,247
18,444
24,691
999,554
1,024,245
Total
2024
7,845
: 1,352,820
:
65,826
9,602
1,436,093
1,423,846
(6,000)
-
6,247
(18,444)
-
(18,444)
6,247
277,771
1,277,325
259,327
1,283,572
The statement of financial activities includes all gains and losses recognised in the year.
he statement of financial activities includes all gains and losses recognised in the year. All income and expenditur
erive from continuing activitie
he statement of financial activities also complies with the requirements for an income and expenditure accou
nder the Companies Act 200
- 9-

DIGARTREF CYF.
BALANCE SHEET
AS AT 31 MARCH 2025
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within
one year
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
Provisions for liabilities
Net assets
Income funds
Restricted funds
Unrestricted funds
Designated funds
General unrestricted funds
Notes
15
16
2025
1,028,192
17
391,744
1,226,115
1,617,859
(634,405)
18
19
983,454
2,011,646
(490,516)
(60,000)
1,461,130
21
22
240,883
228,314
991,933
1,220,247
1,461,130
- 10 -
2024
€
534,640
63,016
1,188,458
1,251,474
(399,542)
851,932
1,386,572
-
(103,000)
1,283,572
259,327
228,314
795,931
1,024,245
1,283,572

DIGARTREF CYF.
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Acl
2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The Comers la A 210, ree yearn question in in an dunce of is faion stalements under the requirements
These financial statements have been prepared in accordance with the provisions applicable to companies subjec
to the small companies regime.
The financial statements were approved by the Trustees on 9 December 2025
embeltyles
Trustee
Company registration number 3516328
=ting
- 11 -

DIGARTREF CYF.
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
Cash flows from operating activities
Cash generated from operations
Investing activities
Purchase of tangible fixed assets
Proceeds from disposal of investments
Investment income received
Net cash (used in)/generated from investing
activities
Financing activities
Repayment of bank loans
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
Notes
25
486,880
(510,955)
43,000
18,732
(449,223)
-
-
37,657
1,188,458
1,226,115
- 12-
2024
€
384,850
(6,000)
9,602
3,602
(6,317)
(6,317)
382,135
806,323
1,188,458

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
Charity information
Digartef Cyf. is a private company limited by guarantee incorporated in England and Wales. The registered
office is Units 1, 2, 4 & 5 Holyhead Enterprise Centre, Kingsland Road, Holyhead, Anglesey, LL65 2HY.
1.1
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met
the amounts can be measured reliably, and it is probable that income will be received.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution
contingen asseknown, and receipt is expected. If the amount is not known, the legacy is treated as e
- 13-

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
1.5
(Continued)
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Freehold land and buildings
Leasehold land and buildings
Freehold improvements
Equipment, fixtures and fittings
Office Equipment
Not depreciated
25 years straight line
25 years straight line
30% reducing balance
30% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceed:
and the carrying value of the asset, and is recognised in the statement of financial activities
Deprecaition is provided at the rate of 30% (reducing balance) per annum on equipment, fixture and fitings.
Indvidual items costing less than £1,000 are not capitalised. Premises acquired and developed by the Charity
are depreciated on a straight line basis over a period of 25 years starting in the year of commencement of
operations from these premises following their acquisition and redevelopment. Impairment reviews are carried
out on a regular basis.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indicatio
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid
investments with original maturities of three months or less.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12
'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
- 14 -

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilites if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Provisions
Provisions are recognised when the charity has a legal or constructive present obligation as a result of a past
event, it is probable that the charity will be required to settle that obligation and a reliable estimate can be
made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present
obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.
Where the effect of the time value of money is material, the amount expected to be required to settle the
obligation is recognised at present value. When a provision is measured at present value, the unwinding of
the discount is recognised as a finance cost in net income/(expenditure) in the period in which it arises.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
2
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accountin
estimates are recognised in the period in which the estimate is revised where the revision affects only tha
period or in the period of the revision and future periods where the revision affects both current and future
- 15 -

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
3
Income from donations and legacies
Unrestricted
funds
2025
11,907
Unrestricted
funds
2024
7,845
Donations and gifts
4 Income from charitable activities
Unrestricted
funds
2025
1,583,308
Unrestricted
funds
2024
€
1,352,820
5
Unrestricted funds
Grants and rents
Grants received amounted to £1,205,621 (2024: £1,141,825)
Rents received amounted to £377,687 (2024: £210,995)
Income from other trading activities
6
Office charges and contributions
Management income
Other trading activities
Income from investments
Unrestricted Unrestricted
funds
funds
2025
2024
€
74,283
-
74,283
56,073
9,753
65,826
Bank interest received
Unrestricted Unrestricted
funds
2025
funds
€
2024
€
18,732
9,602
- 16-

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
7
Expenditure on charitable activities
Direct costs
Staff costs
Depreciation and impairment
Rent, rates and insurance
Heat and light
Advertising and recruitment
Support, travel and subsistence
Training costs
Other charitable expenditure
Share of support and governance costs (see note 8)
Governance
Unrestricted Unrestricted
funds
2025
funds
€
2024
€
1,116,801
936,882
17,403
19,731
161,477
138,734
38,918
36,011
3,058
2,134
21,815
18,074
14,078
14,809
168,198
252,152
1,541,748
1,418,527
11,924
1,553,672.
1,553,672
5,319
1,423,846
1,423,846
8
Analysis by fund
Unrestricted funds
Support costs allocated to activities
Governance costs
Analysed between:
Unrestricted funds
Governance costs comprise:
Audit fees
Legal and professional
AGM costs
2025
€
11,924
11,924
2025
€
3,120
8,055
749
11,924
2024
5,319
5,319
2024
3,120
1,512
687
5,319
- 17-

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
9
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets
2025
2024
€
17420
3,120
19,731
10 Trustees
11
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
Expenses paid to trustees amounted to Enil (2024: Enil)
Employees
The average monthly number of employees during the year was:
Llys y Gwynt and Floating Support staff
Coedlys and Floating Support staff
Outreach staff
Learning for Life and Mediation
Lighthouse & Resettlement/Canada Gardens
Rural Homelessness (Lottery)
Relief staff
Chief Executive Officer and managers
Finance and administration staff
Cleaners and caretakers
Total
Employment costs
Wages and salaries
2025
Number
8
7
3
3
5
3
2
4
3
2
40
2025
€
1,116,801
Only one employee received emoluments in excess of £60,000, falling in the band of £60,000 to £70,000.
2024
Number
8
7
3
3
5
3
2
4
3
2
40
2024
€
936,882
- 18-

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12
Pension scheme - Defined Benefit
The company participates in the The Social Housing Pension Scheme (the Scheme), a multi-employer
scheme which provides benefits to some 500 non-associated employers. The scheme is a defined benefit
scheme in the UK.
The Scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on
occupational pension schemes in the UK
he last triennial valuation of the scheme for funding purposes was carried out as at 30 September 2017. Thi
aluation revealed a deficit of £1,522m. A Recovery Plan has been put in place with the aim of removing th
deficit by 30 September 2026.
The Scheme is classified as a 'last-man standing arrangement. Therefore the company is potentially liable for
other participating employers' obligations if those employers are unable to meet their share of the scheme
leficit following withdrawal from the Scheme. Participating employers are legally required to meet their shar
of the Scheme deficit on an annuity purchase basis on withdrawal from the Scheme
For financing years ending on or after 31 March 2019, it is possible to obtain sufficient information to enable
the company to account for the Scheme as a defined benefit scheme.
Actuarial valuations of the scheme were carried out as at 30 September 2024 to inform the liabilities for the
accounting year ended 31 March 2025.
The liabilities are compared, at the accounting date, with the company's fair share of the Scheme's total
assets to calculate the company's net deficit or surplus.
Present Values of Defined Benefit Obligation, Fair Value of Assets and Defined Benefit Asset (Liability)
31 March 2025
E000's
Fair value of plan assets
Present value of defined benefit obligation
Surplus (deficit) in plan
Defined benefit asset (liability) to be recognised
382
442
(60)
(60)
31 March 2024
£OOO's
447
550
(103)
Reconciliation of the Impact of the Asset Ceiling
Period ended
31 March 2025
€O00's
Impact of asset ceiling at start of period
Effect of the asset ceiling included in net interest cost
ctuarial losses (gains) on asset ceilin
npact of assets ceiling at end of perio
:
- 19 -

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Pension scheme - Defined Benefit
Reconciliation of Opening and Closing Balances of the Defined Benefit Obligations
Period ended
31 March 2025
£000's
550
(Continued)
Defined benefit obligation at start of period
Current service cost
Expenses
Interest expense
Member contributions
Actuarial losses (gains) due to scheme experienc
ctuarial losses (gains) due to changes in demographic assumption
Actuarial losses (gains) due to changes in financial assumptions
Benefits paid and expenses
Defined benefit obligation at end of period
Reconciliation of Opening and Closing Balances of the Fair Value of Plan Assets
-
(60)
(16)
442
Period ended
31 March 2025
£000's
447
22
(100)
Fair value of plan assets at start of period
Interest income
Experience on plan assets (excluding amounts included in interest
income) - gain (loss)
Employer contributions
Member contributions
Benefits paid and expens at end of period
The actual return on the plan assets (including any changes in share of assets) over the period ended
31 March 2025 was (£78,000)
Defined Benefit Costs Recognised in Stateent of Comprehensive Income (SOCI)
Period from 31 March 2024
to 31 March 2025
€000's
Current service cost
Expenses
Net interest expense
Defined benefit costs recognised in Statement of Comprehemsive Income (SoCI)
Defined Benefit Costs Recognised in Other Comprehensive Income (OCI)
3
5
8
Experience on plan assets (excluding amounts included in net
interest cost) - gain(loss)
Experience gains and losses arising on the plan liabilities -
gain (loss)
Effects of changes in the demographic assumptions underlying
the present value of the defined benefit obligation - gain(loss)
Effects of changes in the financial assumptions underlying the
present value of the defined benefit obligation - gain(loss)
Total actuarial gains and losses (before restriction due to some
of the surplus not being recognisable) - gain(loss)
Total amount recognised in Other Comprehensive Income - gain (loss)
Period ended
31 March 2025
(€000's)
(100)
60
-
22
22
- 20-

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Pension scheme - Defined Benefit
(Continued)
Key Assumptions
31 March 2025
% per annum
31 March 2024
% per annum
Discount Rate
inflation (RPI)
Inflation (CPI)
Salary Growth
Allowance for commutation of pension for cash
at retirement
5.85
3.09
2.79
3.79
75% of max
allowance
4.90
3.15
2.78
3.78
75% of max
allowance
The mortality assumptions adopted at 31 March 2024 imply the following life expectancies:
Life expectancy at age 65
(Years)
Male retiring in 2024
Female retiring in 2024
Male retiring in 2044
Female retiring in 2044
20.5
23.0
21.7
24.5
Assets
Global Equity
31 March 2025
(£000's)
43
Absolute Return
Distressed Opportunities
Credit Relative Value
Alternative Risk Premia
31 March 2024
(f000's)
45
17
16
14
Liquid Alternatives
Emerging Market Debt
Risk Sharing
Insurance-Linked Securities
Property
Infrastructure
Real Assets
Private Debt
Opportunistic Illiquid Credit
26
2
18
45
-
18
17
Private Debt
Credit
Investment Grade Credit
High Yield
Opportunistic Credit
Cash
Corporate Bond Fund
5
Liquid Credit
Long Lease Property
Secured Income
6
Liability Driven Investment
Currency Hedging
Jet Current Asset
1
Total Assets
382
9
-
3
13
182
1
447
one of the fair values of the assets shown above include any direct investments in the employer's ov
nancial instruments or any property occupied by, or other assets used by, the employe
- 21-

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Actuarial gains/(losses) In respect of pension schemes
Actuarial gain/(loss) in respect of pension schemes
Unrestricted Unrestricted
funds
funds
2025
2024
43,000
(6,000)
14
Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
15 Tangible fixed assets
Freehold land
Freehold
and bulldings improvements
€
€
Cost
At 1 April 2024
697,949
Additions
At 31 March 2025
697,949
510,955
510,955
Equipment,
fixtures and
netings
177,781
-
Total
177,781
875,730
510,955
1,386,685
Depreciation and impairment
At 1 April 2024
Depreciation charged in the year
At 31 March 2025
181,412
11,972
193,384
:
159,678
5,431
165,109
341,090
17,403
358,493
Carrying amount
At 31 March 2025
At 31 March 2024
504,565
516,537
510,955
12,672
18,103
1,028,192
534,640
The Trustees are of the opinion that the net book value if buildings does not exceed open market value at the
balance sheet date.
16
Debtors
Amounts falling due within one year:
2025
€
2024
€
Trade debtors
Other debtors
Prepayments and accrued income
144,409
236,023
11,312
391,744
10,373
34,030
18,613
63,016
- 22-

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Creditors: amounts falling due within one year
Other taxation and social security
Deferred grants
Trade creditors
Other creditors
Accruals
Notes
20
18 Creditors: amounts falling due after more than one year
Notes
20
Capital grants
19 Provisions for liabilities
Retirement benefit obligations
Movements on provisions:
20
At 1 April 2024
Reversal of provision
At 31 March 2025
Government grants
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Non-current liabilities
Movements in the year:
- 23-
2025
€
14,870
386,463
215,991
5,882
11,199
634,405
2025
€
490,516
2025
60,000
2025
€
386,463
490,516
876,979
2024
€
13,694
322,435
19,239
14,951
29,223
399,542
2024
€
2024
€
103,000
103,000
(43,000)
60,000
2024
322,435
-
322,435

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20
Government grants
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2025
322,435
(322,435)
876,979
876,979
(Continued)
36,811
(36,811)
322,435
322,435
- 24 -

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
21
Restricted funds
Thusesticted funds of the chatty comple the unopended balances of donations and grants held on trust subject lo spacil contions by donors as to how they may
5-7-----
277,771
(18,444)
259,327
(18,444)
240,883
Restricted Income fund
22 Designated funds
Dignated mortal mentin
37,979
200,000
:
(8,665)
(9,665)
28,314
200,000
228,314
€
28,314
200,000
228,314
- 25-

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
23 Analysis of net assets between funds
At 31 March 2025:
Tangible assets
Current assets/(liabilities)
Long term liabilities
Provisions
At 31 March 2024:
Tangible assets
Current assets/(liabilities)
Provisions
Unrestricted
funds
2025
€
1,028,192
742,571
(490,516)
(60,000)
1,220,247
Unrestricted
funds
2024
€
534,640
592,605
(103,000)
1,024,245
Restricted
funds
2025
€
240,883
:
240,883
Restricted
funds
2024
€
259,327
259,327
24
Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
25
Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
(Gain)/loss on disposal of investments
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase)/decrease in debtors
Increase in creditors
Increase/(decrease) in provisions
Increase in deferred income
Cash generated from operations
2025
€
177,558
(18,732)
(43,000)
17,403
(328,728)
170,835
(43,000)
554,544
486,880
- 26-
Total
1,028,192
983,454
(490,516)
(60,000)
1,461,130
Total
2024
534,640
851,932
(103,000)
1,283,572
2024
€
6,247
(9,602)
6,000
19,731
37,102
33,748
6,000
285,624
384,850

DIGARTREF CYF.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
26 Analysis of changes in net funds
The charity had no material debt during the year.
- 27 -