2025-03-31-accounts

Charity number.. 1088934 Company number.. 03674953 (EngI￿d and Wales) New Sandfields Aberafan and Afan-community Re8¢nerntion Report of the Trustees and Unaudited Financial Stat¢mertts For the year ended 31 March 2025

Ftytheywtthj 31 Muth Jn5 Thr Iw5tCC5 who WE dwea￿S of the (h¥ity hr the pwposts of th¢ c￿ kn 2fA16. pr#¢N thr T¢Ptyt the 6llaDcial yemEDts of the duity fly the yew erd•J 31 M•r¢h 2024. ThE th￿¢¢¢1 h• th141 the wisi¢• •(A¢wtirt8 Rwin8 ty Ch¥iiies.' Stskmtftt of Rec¢IN￿ Prxti¢e ppli(able to dLKitiCS their ¢c(Amts in a¢cLthce whth the S￿dard ill thE UK alld Repdllic of Itejand IFRS 1021 leffe¢uK l JawJ•ry 20151. OBJECTIVESANDAcnvmES Charity Obierfj Th¢ forthepOIK h￿tEl o(uthDwnnl d •rth(￿le￿ANlv￿ inpuhcol•r. the¢led¢￿I vwdlw1￿ftthc The r¢li¢fofwvffj. ¢irCUmthcuh•￿n¢j of filiti PTMiionof¢rime. Mknl•th SwFth"Thg regener1￿￿￿¢￿bl¢lb¢￿#qu&7Ity0f1iftfwCcarn Helpini ¢0mmwlliii¢swcrt i. vth ACHIEVEMENT hP4D PERFORMAi¥CT Durikg 2024r23 we had nrw ¢ffitr¢ Ffyrfd C(thith Cymw. Pltylul Life Md wwkin$ T￿￿1¢￿bIPs ith Eryow¢nthwi. Rii Tree Driv¢￿ ¢thi￿u￿1￿ orpws¥iw& 14 d•y wi¥kirf w¢¢k im LY&r 3 prni5 FINANCIALREVIEW li is tht poliq ofthe d¢s•¢d eng￿>￿T￿le[ 10 me# three m¢Mth5 rwmtft8 However in the eve￿ of pth.cth of diffl¥Jlt ￿"# ¢ffitimits 10 be xhi¢v4Aeimtil tht uwitAi mie&v div￿1 ofwwodwai¥e li Ithiewtyl. FUTURÉ PL4NS srRUCTUR4 GOVERNANCEAND MANAGEME14T G•¥erniI8dKuowl ibluhed the obFcts ptywvs of cunpany Md is ￿￿¢41 its Articks of A￿￿1#1￿ The compw ¥ ¢&wity pwso•ffl R¢￿4￿lL￿ pwtsl li its Annui Mettini heid ￿ 27 Jwe X￿1 •d wiitt¢A resoluti￿ d￿￿ 26 S¢wanb¢r XIOI. S1 th¢ of benefici￿1¢$ ￿ iKl¥de thc wud of thgthy were a￿4 29 S¢pi¢mber ICW d rtifitrj with * re￿Ill￿On0￿ 9 2ts)S. In thee¥eMofthe b¢1￿ iooMtritr•Jie •b nttt txe¢&ling £10. Ctyb 3 2012 AGK fdiowini i y¢¥ of¢•#hmuAity the dwi¢th wnpthy its ArtId￿ ofAssociiM iA¢lwk the c￿ •fAbern￿ in its ofb#%firwi"e5 1¢$ The * bave ￿￿￿ted with the awitieB Cowmissiofi C(thwie5 Ho¥s¢duiity8 the ytu201YI3. The diTeaonortheo￿pW￿C thod4rAy ￿￿￿e¢s hrthr pvp0￿ ofthrty ￿￿er￿¢•￿'S fvAtthOrnAdwn￿d Ani¢kn ¢knowtt ¥ dite£&Jr manbets ofthe Boud. UTraer thE ofth¢ AAidM ofAsxwiitxi. the ofthe Bc4rd we •t AGM. The Bo¥dh by.Jws ty alh)w ftt¢ of the and¥we dutofthe 18 thrxknrtrpM¢w. 9 will be in tbe of Ab¢rav<m ¥nd Sh￿ ofie exts deatrtl 3 sw be r¢5id¢nts within ethnmuftiiies first Wuds 4Dd 3 Ahy va(xy the Bowd is I￿rtISts1 Jxicrf to the AGM infri￿ the of the ¢x8•Ms￿lQTr iff by way or iu th¢ •fbusirAs Th¢ Bo¥d hts wwoted i p￿1 B45iP¢55 thall direa all OPUWIODK plaMiTh8. busineBs NSA Afaft hasaiJud of wbich iifflsio 3 rirntsa e forthe5ttryi¢ dirtaim poli¢y of the d￿*y. Al theyear

As refurèj to abov4 8 ofdel¢ÉatiM With￿ * sthJdw¢ is tht'ty 10 MIK￿￿]Ity fw the ￿ddelIv￿ or Mw8¢r. FINn￿OffiC£r F•ciliiics A(knirusltalors En thECc Kty Staff Sduiej ue ￿￿bE15 edided of #•ial . Tnth¢s are ¢Lryim T¢￿￿•bLe expe1￿ inouT¢d intAfflliD8K4 M¢¢8 We WO￿ in parnership with ¥ nwber wb) hAve ittertst IA LY a bAse ift S￿￿fiddl the wA¢r N¢b SwaNsea Bty irra wlws¥pp r¢sidtyts of the of thtAr lives. Fwex•npl< w¢h1￿K¥0yidcd pthli¢ w hr theTithl La8c#Jn Swamel B scheffle PrnF•wJ by 4 PuTPOSe Vebidt of the same thariiy has 0 5hu¢5 iu th¢ lolallin8 £4.WO as a Cthhptry SeLrytw u the Chw of the Aaive Gramp for Nth kn T￿b£1 whi& ¢Wi￿S ￿er 3￿ mlmbas tyr th¢ l.iKQ S￿￿5￿ Bry. Pr4i¢i# in pl#t cèxr¥d in rtgea of of M #41[ ald cu#fAersat ow WI￿¢4 31 Much 2025 Thecothmwnity De¥¢Wrnt Bevin Avo￿¢ i51cli￿W￿h isthff pjx. All n¢tuyrypdi(iu foremp1￿1￿M•ffy¢ w p]w 1 xe mi¢w•l wimlly. Twow llXMEpli¢ies￿￿I¢w¢d t4Jud Elth or￿1ff￿# beth •BeLllpIoy¢B whi¢h LWA puxwd p pl¢yyu. Thi¥ is 10 in the I￿11￿% rw.

REFERENCEA14DADM]NisfpATIVEDETAVLS R￿l￿tTed 03674953 IEnBlalld alldWs) R41Sr￿c￿lItyNm￿ber 10889 Reeisltr¢doffi¢e NSAAfanEmployMtAckny D41ico Ro¥1 PORTTALBOTSA12 6SF ?rin¢iplddw#g CloNSAAfiAEmpioymeNAcad Dalton Ro S￿dfic￿5 PORTTALBOT SA12¢ DJG4eD Edwa￿ S Vi¢e- Cl COMp￿Y$¢￿Ery DhielP¢Thin&CoLlu#d 9 s￿leY Pknr¢ SAIO J]bCoilins&PwirnsLLPV¢wre W4¢erytdeBwstTressPark V4lley Wty SA6KQP Lltyds B• PLC 115Stiti SA13 INR

STATEMEpfoFTRUSTEESRLWTrtsIBlimES The trusiees (who ar¢ also the di￿￿4￿$ ofNew sa￿￿￿d5 AbWa￿ C(￿n￿lty the pwpJ5¢s l•)¥¢ Mpty¥iWt PJr Killgd(n ACttpl￿ A¢gyAttingPMI"¢el toMp￿Y knd of the in¢rming rtsrrtyces *id lFWic￿S￿ of re￿￿¢￿. in¢lthi •Dd of tht tbxitsblt cow for that period. In •ssdsofthethariiablt¢(ryw kcDctA)rtainE of othtti1yeg￿￿I¢it lrtso f¥#thethuteesaYe AW ACCOUNTAprrs AEyoved by ith oftk bDxrd ortn￿e¢S0￿ Gary Roberts .Tru#ee 2P janu￿ 2026

New Sandfields Abernf8n and Afan.Community R¢8¢n¢ralion Ind¢p¢ndenl Exgminer5 Reportto the Trusiees For the yearended 31 March 2025 I re￿rtiO thetrusteesonmyu4mintttiortof the ￿tO￿n￿Of1he ¢hawiiat4ecompgny fOrthey¢￿t￿j¢d 31 Mar¢h 2025. r￿]bill11t$ Astht chllrityTrLL8iee4 who are also directors forihe pwposesof ¢ompww I•w.Are reSP)￿lbEe forlhe pr¢pArationofth¢ aLxounts ihxeonlmnce with Ihe ￿quireMentS orth¢ Compth1￿ Ad 2006 (the 2006 Adl. H•viry satisfied rny¥elf Iht tho acCo￿ts of the Compwry Irn no¢ Y¢quiffd 10 b¢ wjited under 16 of th¢ 211)6 Ath ud are eliwble for indep¢tht exafflinalion. I in rtspeti ofmy exami￿10￿ ofyour charitys armunts carried oul ￿der x¢iion 145 of the Cknilits Aei 2011 Iihe 201 l A¢l'l. In win oyi my ¢KW￿l￿all0￿ I have followd thc Di￿110￿¥ 4iven by ihc Charity Commission wjder seciion 145{5llbl of Ihe 201 I A¢1. I have ¢ompleled my ¢xamiMlioL l ¢onfinn that no mBtt¢Thhavo eometo my ittention in connEciion wlthth¢ ¢xAmirAiion Biving me t1￿CtO Ixli¢v¢ lh￿ iThany l. ¥¢ouftiingrecord$were not kepl in rw¢¢tofiheCompartyu RquirEdbyxthion386oftk 2LK16Acl; or 2. ikettecothnts do not a¢¢ord withthosc th5: 3. lh¢ wcounis do rtoi l• B pfopET wd¢rstsndin8 of Ihe 4c¢owili 10 Ix r¢N¢h¢d. D••ltl Ptrrln FCCA D￿1¢1 P¢ffitt&CoLimiied 9 Sthdey Cbjoxic Neh 5AIO8BE 25th Jknu*y 2026

New Sandfields Aberafan and A￿l0￿m￿nItY ReB•Wtion stateme￿ of Fllwicial Activities ￿￿￿UdIng Ittcome ONI Exittwe Account) Forthe year cnd&l 31 M8rth 2025 124289 64,727 T•tsi 124389 64727 {1(￿￿28) (114628) P78JAOI T•tsX 17161 PA4ffjS31 Rtt•DtMEAlloA Of ftt*ds Tthi fwrA5brought foftmd Total fwd5 (Anitd hrw•rd 217.140 148

OX74953 New S￿r￿]d$ Ab¢r#f￿ •nd Af•nlommunity Re8enerntJn S￿ement of Fin￿¢1￿1 PosttiL AS￿31 M¥th2025 27236 C15h in h￿d Iy61 1&S751 12.8741 Totsl cMrrellt¥AIAlldo 173JlS CredliorJ:MnoMts fallI4d￿tI￿r￿QrÈth￿￿ty•r Nrf¥wty 12 (155J67) 13 2D.141 148 2.487 TotslfTAnds For lh¢ yev endd JI M¢h 2025 IhÈ ¢x¢Dyion fmm uAd¢r #¢¢ioTh 477 of Cmwiim Ath 21x16 im￿1 ThernembEts h¢￿1 r¢quirl lhec4>mpwioo￿4lXlth￿dil ofits foithpyMri0 inxcofjl￿¢ with wiion 4 Th¢inutte¥ekMwled8e tkn"r wewwibli¢i¢5 ¢oylyiw ?thth¢rt4¥iff•wsofthtAth with res￿ recwds pffPw￿l0fft or c¢outhl Th¢se hAve be¢• PEPWEd in with ihE pYo¥isity¥ yliuble toeomW￿ wbj'eth ￿b￿lI corry￿E$, wimB. Th¢ A￿￿1S wewe 4VO￿a wh￿¢d (w iJpty th¢ B(wd •d ii8n•l hthirtrf. Robe Trust¢¢ 25 2026

N¢w Sandfield5 Abuafan and Aftrconmwiity Re8enerntion N(w to the Financial Statements F(Y th¢ year Md¢d 31 M￿h 2025 l.At<•ull•iP•Ud The fin￿all1 Sthlemefjts ￿Vebe￿ kYep¥ed iftxcoth withth¢Sts•enIofR¢¢4xw￿ Prnaiv. and RepJrtin8byCharities weparin8th¢ir X¢0￿1# ITh #cotd￿￿ with thr Fin￿1￿1 R¢wlin8 Ststs4￿ ¥plic4e in the UK and Rewilir of IdarKI IFRS 1021 (setts￿ editioTh- Odober 20191 N¢w SI￿jfi¢Id1 Abetafin and Ar1￿cOMmUnity R¢4uwion ￿￿￿$the &fitiilioh of x ￿1¢ ￿￿er11 eNiry unthr FRS 102. Asxots and liabilities initially ttM8nbSed It hiaoriul cost ortrtnwtion wless othuwise #￿ed in the rd¢varf pAicy MI￿. There are ￿ &8nificant jwi8¢mcnts ￿￿e in t of 4ppIyiD8 the cntity's ￿1¢1￿. With IN￿cl to IhE nLXt aetourtth8 period 2026 th¢ m￿1 5tBnificanl ofuJiceniniy will affe¢1 lh¢ arryin8 vaiueof th¢ assetshdd by the ¢lwi"ty the level of investm¢N and wforInar￿ orth¢ invcstmeht market. This will b￿b Ih¢c•nyinR of irtV¢Slm¢rfs dso the ofihe prwi(m fiMKI> New S￿￿rie1d$ Abernfln AfrrtoMn￿￿ity Re¥￿10￿ meets ih¢definiibOQ of • put41¢ b¢nefLt FRS 102. Auets wl li•blilid rB iri1￿lY wt¢oBnis¢d ￿ h￿t0[1(al rosi wless otheM5¢ **ed in le￿￿￿1ft8 w4i¢y n￿e1. from ¢hrit4ble ￿1¥111 124389 61.727 3. CoAts of th•rtthbkacllvlth¥ by LI￿1￿bk￿lI￿i1¢5 12P53 24S15 254N5 24.575 IW28 i￿a 24J75 I¢A628 279J 24J75 24,575

New SaDdfields Abernfan aDd AfaDlommunity Re8enBrati Tr4ote5 to the Financial Statements Contin￿1 Forthe yearetmled 31 M￿ch 2025 ￿NetI￿n￿lÉXpÈud1￿YÈjTOrth￿)x 7. S¢4ff¢•sL* ￿d•Ju¢l￿D¥￿ts Tothl #aff c(th kntheyur End￿31 21n4 Salarie5 •rdwryes 71.IXIS 62￿81 n7 CoNP￿tIve￿rth¢Stt￿￿l•fFIW￿￿￿AthAbM

New Sandr￿Ids Aberafan and AfAn4ommunity Regeneration Notes to the Financial Statements Conlinu¢d For the year ended 31 March 2025 155357 The folh)wing liabthiiies disdosed under f411iD8 th •ft¢r mote than year ￿¢s¢￿t￿l ty the ¢knity'. Bank lo•Js aThJ overdrafts I55￿7 lJThrnfriLd FUN Oih)4n024 1487 1242B9 [1￿,028) 20.148 217.140 121289 Unttstsicted Fund5-Pre¥lwsyeAr Out8 OiM4Q023 Trsourc JiNW2024 217.140 61.727 1279.3801 2.487 217.140 n7 rprtst•f unrestTid¢d Fup Theadvan¢ement0fethi¢￿Iory irniDin8 orrtiainin& particularly amongst w)employ¢d rtd etoMmi¢ally inauive PEopI¢ PTovidith8workexpuien¢e OPPDrtunities to Rlieve si¢kn¢ss aNi ￿ prcserve artd ptottci good health. Puryweof rtati?ded fiMd5 Restri¢ttd Th¢adVa￿eMent0fedUc￿lo￿ IT4ining orrdTrinin8, particulllrfy mongst ￿eMPlOyed and ¢￿￿MIcallY i￿aL￿1ve peoFle providingworkexpuience opp)rtunities to rdieve 5ickne55 io preselve and pmtxi good healih.

New Sandflelds Aberafan and Afan-community Regenerntion Notes to the Financial Ststetnents Continued For the year ended 31 Mar¢h 2025 N¢t NotAty&ts UvJM•fhted 140 N¥tvLrTAt c￿lt*￿i> •#• ￿•tA￿tr OLqbll4kn1 GentNI 15SJ67 20,148 (155J67) I￿140 ,yi

New SandfKld$ Abernfpth and Afan-community Regenerntion Detailed Statement of Financial Acilvities Fortheyeor ended 31 March 2025 2024 ]NCOMEAND ENDOWMENT Ch#rfthbkA¢tsYllu JrtMm¢fr¢m th•riMbl¢¥ti•iti 124389 64.n7 14289 64n7 114J9 64717 EXPENDITURE ChArlthbl• 4¢1tr4111 costofd1tttictr￿1llb1e R¢hvity Collof Broni thBritknl•￿ly1ty 1191.9971 I￿,￿7) {IQW8) (2sAn4) SUPPORTCOM Syportaxts 124J75) (24J75) (24J75) Totsl {l(W28) G79JeO) Nof EX￿ndItu1¢ {106ffj28) 14h531 Thispagedoe5not fornLrwlofthe51alutory finarti￿ stst¢mon