Charty number.. 1108430
Company number: 03261608 (England and Wales)
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
VOICES FROM CARE CYMRU
LIMITED BY GUARANTEE

VOICES FROM CARE CYMRU
LIMITED BY GUARANTEE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Chief Executlve's Statement
Co-chair's Statement
Report of the Trustees
412
Report of the Independent Audltors
13-16
statement of Flnanclal Activities
17
Balance Sheet
18
Statement of Cash Flows
19
Notes to the Flnanclal Ststements
2042

Chief Executive's Report
For the Year Ending 31 March 2025
A Year of Progress. Partnershipi and Purpose
Thls past year has been one of remarkable momentum and meaningful Impact forvoices
From Care Cymru, Grounded in the principles of the United Nations Conventlon on the
Rlghts of the Child, we have contlnued to champion the voices of care experienced chlldren
and young people across Wales-ensuring they are not only heard but are central to shaping
the systems that affect their lives.
Drlving Radical Reform
The Radical Reform Declaration, co-created by Welsh Ministers and our Young Ambassadors,
was formally signed in May 2023-a landmark moment in our Journey toward systemic
change. This was followed by a second National Summit in North Wales in October, ensuring
that young people from all communitles had a platform to influence ￿forrn.
In March 2024, we hosted a Follow-up National Summit where Welsh Mlnisters reported
back dlrectly to care experlenced young people. This level of transparency and
accountability is unprecedented and sets a new standard for co-productlon In publlc serrflce
reform. Another Summit is already In planning for 2024-2025.
Our young people contlnue to play a vital role In national governance structures, Including
the Transformation Delivery Board and the Corporate Parentlng Implementation Groupi
partlclpatlng as equals alongside senlor professlonals,
Following the transition In Welsh Govemment leadershipi we have supported young people
in bulldlng constructive relatlonships wlth new Ministers, ensuring continuity in our advocacy
and Influence.
We've also strengthened cross-party engagement through our role as secretariat for the
Cross-Party Gmup on Children In Our Care. Thls group is now working on a leglslative
proposal to embed the best of the radical reform initiatives into law.
When the Welsh Government's initial response to the Children, Young People and Education
Committee's report fell short, we acted. Drawing on the lived experlence of young people,
we submltted a compelling evidence-based report that led to significant revisions in the
Government's position.
Looklng ahead, we wlll co-develop a Manifesto for Change with care experlenced young
people in preparation for the 2026 Senedd elections.
IIPage

Research, Consultation, and Collaboration
Our partnership wlth CASCADE at Cardiff University continues to thrive. This year, young
people have contributed to research on the Welsh Government's Basic Income Pilot and
evaluated the Looked After Children Nurse service. Through peer research trainingi they are
not just participants-they are leaders in shaping knowledge and policy.
Wellbelng: Supporting the Whole Person
Our wellbeing servlces have expanded significantly. We launched a range of new resources,
including our innovative Bibllotherapy Journal, deslgned to support emotional self-regulation
and self-care.
We provided direct support to 117 young people and facilitated peer support cafes for
students, care experienced parents, LGBT+ youth, and those navigatlng mental health
challenges. These spaces have become vital communities of mutual support.
Our Sky's the Limlt project, launched thls year, Is already maklng a dlfference for chlldren
aged 8 to 14 in care-offering creative, community-based activities that build confldence
and connection.
We've also deepened our work wlth care experienced young rnen In the crlminal justice
system. From regular groups in Berwyn Prlson to new partnerships with Cardiff and Parc
Prisons, we are creating spaces for expression, heallngi and advocacy. A powerful example
was the play written and performed by care experienced prisoners, attended by Welsh
Mlnisters. Thelr volces were also heard at the March 2024 Summit, calling for urgent actlon
to prevent others from followlng the same path.
Looking Forward
As we move Into the next year, our focus remains clear: to amplify the voices of care
experlenced chlldren and young people, to influence lasting change, and to ensure that
every young person in care feels seen, supported, and empowered.
With Gratitude
To our Board of Trustees-thank you for your unwavering guidance and belief in our
misslon. To our dedicated staff-your passlon and commitment to Child￿n'S rights. are the
heartbeat of this organisatlon. To our Patron, Mlchael Sheen-your continued support means
the world to us.
And most importantlyi to the care experienced children and young people we work with
your courage, honesty, and vision inspire everything we do. Dlolch yn fawr i chi i gyd.
Chlef Executive
Voices From Care Cymru
21Page

Co-chair's Statement
For the Year Ending 31 March 2025
Over the past year, there have been numerous accomplishments, and as Co-chairs, we
extend our heartfelt gratitude to all the care experienced children and young people who
have generously volunteered their time. Their courage and dedication have been vital in
he5ping policymakers gain a deeper understanding of their lives, identifying areas that
require improvement, and suggesting effectlve solutions. The ongoing engagement of the
care experlenced community continues to inform and influence government actions at all
levels.
The working relationshlp establlshed through the Declaration wlth the Welsh Government
has been further strengthened by a variety of actlvltles. The sustained Involvement of many
young people has been crucial in ensuring continued progress. Their efforts have also led to
meanlngful changes in policy through persuasive advocacy.
We are also proud to highlight the work of our Carmarthenshlre reglonal groupi who came
together to create The Adaptable Chef -
cookbook of slmple, affordable recipes designed
to support care-experienced young people In supported accommodatlon. Launched on 29
August, thls project Is more than a reclpe book. It is a youth-led resource that builds
confldence, Independence, and community. We want to thank every young person involved
for thelr dedication and for showing how care-experienced volces can lead positive change
for thelr peers.
The VFCC project, The Sky's the Llmit, has played an important role in maklng sure that the
perspectives of younger children are reflected In pollcy development. The Well-being servlce
has provided essentlal support to many children and young people.
Our funders are Integral to the success of VFCC'S work, enabllng us to improve the lives of
care experienced children and young people now and in the future. We offer our sincere
thanks to all our funders and to our Patron, Michael Sheen.
Finally, it is vital that children and young people have access to relevant information and the
support they need to gain the confidence to express thelr views to pollcymakers. We are
deeply grateful to our staff team for thelr commitment and hard work throughout the year.
Catriona Wllllams OBE

Reference and administrative details
Company Reglstrat5on number:
3261608
Charity Number..
1108430
The trustees serving during the year and slnce year-end were as follows:_
Catriona Williams - Chair
Jo- Anne Grifflth Co Chalr (resigned 25 June 2025)
Graham Roddls - Treasurer
Jeffery Champney-smith
Roger Bishop
lan Harvey
Cralg Mead
Rhlan Thomas (resigned 25 June 2025)
Mellssa Noot
Sophie Laders (reslgned 22 October 2025)
Louise Roberts (reslgned 22 October 2025)
Rosemary Squlres - co-opted (3 March 2025)
Georgia Toman
co-opted (3 March 2025)
Company Secretary
D A Jones
Chief Executive
D A Jones
Registered Office
45 The Parade, Roath, Cardlff CF24 3AB
Audltors
Hodge Bakshi - Churchgate House, 3 Church Road, Cardlff CF14 2DX
Bankers
Barclay5 Bank PLC - 28 Queen Street, St Davids Centre Cardlff CFIO 2BY
CCLA Investment Management Llmited, COIF, Charities Deposit Fund - One Angel Lane, London
EC4R 3AB
CAF Account - 25 Klngs Hill Avenue, Kings Hill, West Mallingi Kent ME19 4TA

Objectives and Activities
Voices From Care Cymru (VFCC) exists to advance the spiritual, educational, and physical
welfare of care-experienced young people in Wales. Our mission is rooted in the UN
Convention on the Rights of the Child, ensuring that young people's voices are central to
decision-making and service delivery.
We do thls by:
Gathering and representing the views of young people at all levels of authorlty in
Wales.
Providing advlce, advocacy, and wellbeing support.
Encouraglng local and national participation frameworks to arnpllfy youth volces.
Supporting peer research and collaboratlon wlth partners like Cardiff Universlty.
Promoting trainlng for servlce providers to improve outcomes for care-experlenced
chlldren.
Our work is gulded by safeguarding duties under the ChSldren Acts, RSghts of Children and
Young Persons Measure, and the Social Care and Wellbeing Act.
Public Benefit
VFCC complies with Section 17(5) of the 2011 Charltles Act. Our services dellver clear public
beneflt by..
Promoting knowledge of rights.
Provlding Informatlon and emotional support.
Facilltatlng access to education, volunteeringi and employment.
Advocating for systemlc change In Welsh Government policy.
This ensures that the care-experienced community has a stronger voice and better access to
opportunities across Wales.
51Page

Achievements and Performance 2024-2025
Radicall Reform and Government Engagement
The Radical Reform Declaration, signed in 2023, has contlnued to shape our advocacy. VFCC
hosted national summits in Cardlff and North Wales, enabling over 65 young ambassadors
to question Ministers directly. A thlrd summlt in March 2024 allowed Ministers to report
back, setting a new benchmark for accountability, Following a change in Flrst Minister,
young people secured reassurances that Radical Reform would remain a government
priority. VFCC also provlded evidence to the Senedd, helplng to secure commitments to end
profit in children's care.
Corporate Parenting and Charter Work
Young people contrlbuted directly to the Corporate Parenting Implementation Groupi
strengthening the Charter and Toolkit. They emphasised the need for real, measurable
commltments and helped draft a Care Leavers Commitment for Wales.
Research and Consultation
Through partnerships with CASCADE and Coram Volcei young people informed the Basic
Income Pilot's evaluation, Including exit strategies and financlal transition resources. Padlets
and digital tools were produced to support budgetingi wellbeing, and rights awareness.
Representataon and Advocacy
Our young ambassadors contributed to the Welsh Youth Parliament, the Five Nations One
VoSce Coalition, and UK-wide exchanges. ca￿ Day 2024 saw the launch of the Care
Experience Scarf campaign, symbolising a care system built on love.
Wellbeing and Peer Support
VFCC delivered 1,384 structured wellbeing sesslons annually, supportlng 125 young people
directly. 158 engaged In wellbeing events and activities. The Sky's the Limit project
supported younger chIld￿n through creative programmes. Peer Support Cafés grew to
include pilots for neurodivergent young people and Welsh speakers, while new groups
supported parents, LGBT+ youth, and students. Work in prisons expanded to three peer
support groups, creating platforms for advocacy and rehabllitstion.
61Page

Impact Summary
125 young people accessed direct wellbeing services.
158 engaged in wellbeing events and activities.
74 new members (aged 8-23) joined VFCC.
1,384 structured sessions dellvered annually.
65 young people involved in summits and influencSng activlties.
3 prisons engaged in peer support programmes.
Annual Totals and Observations
The annual breakdown of activity shows a significant scale of delivery across counselllng,
wellbeing, influencingi and group work. The largest share of sessions was delivered under
Wellbeing (948 sessions), highlighting the increasing demand for emotional and mental
health support. Partlcipation and Influencing accounted for 220 sessions, demonstrating the
strong role of young people in shaping policy. Smaller but essential contributions came from
Counselllng (100 sesslons), Enquiries (28), Multi-Agency Working (56), and Getting Ready
group work (32).
Observation:
Demand for wellbeing support continues to rfse, reflecting both the need for
struttured sesslons and the effectiveness of new projects like the Wellbeing Room
and Sky s the Llmit.
Influencing sessions confirm that young people are not just recipients of services but
actlve leaders in advocacy and reform.
Smaller session categories such as counselling and enquirles remain crltlcal
touchpolnts, often servlng as gateways to longer-term engagement.
ThSs annual overview underlines VFCC'S dual impact: supporting the whole person
through wellbeing services while simultaneously empowering care-experienced
young people to influence systemic reform.
71Page

Looking Forward
VFCC will co-develop a Manifesto for Change for the 2026 Senedd elections, expand trauma-
Informed wellbeing services, and strengthen partnerships in education, housingi and
employment. We remain committed to embedding Radical Reform and building a stigma-
free, love-led care system for Wales.
Organisational Overview
Voices From Care Cymru {VFCC) continued its mission to support care experienced children and
young people across Wales. Activities included advocacy, welLbeing support, and community
events such as cooking sessions, beach parties. and the Sing Proud Choir.
Key Highlights
VFCC strengthened its policy influence, with some manifesto asks from the 2021 Senedd
election incorporated into government progr8mmes.
Expanded collaboration with organisations supporting kinship carers and deepened evidence-
based advocacy.
Plans include supportingyounger children (8-14), expanding peer support cafes, and refreshing
the Five Nations P8rtnership.
Financial Review
For the year ended 31 March 2025the charity recorded:
A deficit: £222,409 {2024: deficit of £80,296)
TotaL Income: £870,055 (2024: £949.646)
TotaL Expenditure: £1,092.464 {2024: £1.029.942)
As at 31 March 2025 the charityfunds were;
Net Assets: £510,229 (2024.. £732,638)
Unrestricted Funds: £493,057
Restricted Funds: £17,172
81Page

Reserves & Designated Funds
Trustees monitor progress towards achievingthe Strategic Plan and have reviewed the charity's
needs for reseNes in line with guidance from the Charity Commission.
Trustees have considered the resep4es required bythe charity in the event of 8 funding crisis
and have set 8 target equal to four months, running costs. Reserves can be used to sustain
essential operations in periods of financial diff iculty. and in exceptional circumstances, for
other purposes agreed bytheTrustees. The organisation raises funds byvarious means and
continues on a path of diversifying its income streams.
TheTrustees maintain free reserves (i.e. reseNes drawn from fundswhich have no restrictions
on their us8 Wlthin VFCC) at a leveLth8t is at least equivalent to four months, running costs. At
the time of writing running costs are approxirnately £60,OOOlmonth. settingthe desired resanie
leveL at £220,000. This Is in addition to any designated funds.
GeneraL Reserves Target: £220.000 (4 months, running costs).
Designated Funds:
Business Development: £70,000
The business development expenditure reseroe is established because it is important that the
charity maximises its income and reduces overall expenditure when possible. Therefore,
developing new income streams, strengthening existing ones and improving eff iciency are
priority.
Project CLosure: £90,000
Growth of activity and hence income streams in particularfrom projects give cause for the
trustees to considerthe costs associated with project closure and redundancy costs. This
designatgd reserve has been established to ensure sufficient funds are available when projects
come to an end", and if the organisation needs to relocate, andlor develop new offices. The
trustees feels that a desired level of £90,000 is required.
Property Fund: forfuture rental, office development, and dilapidation costs £50,000
To cover the costs of either
(i) investment in a property of our own orlprovision in respect of future rental costs/ office
development8nd
(li) provision in respect of dilapidation (repairs required during orthe end of the tenancy).

Risk Management
Major risks identified include loss of funding and reputation. Mitigation includes annual reviews,
action plans, and dispute resolution frameworks.
The trustees confirm that systems have been identified and established to mitigate the major risks,
to which the charity is exposed.
The trustees confirm that the major risks, to which the charity is exposed, as identified bythe
Trustees, have been reviewed and systerns established to mitigate those risks. The main risks
identified bythe trustees is loss of funding and reputation.
Governance & Structure
Followlngthe annual general meetlng, trustees are inducted during the course of a day's event
during which their duties and responsibilities are explained. Member-trustees are encouraged
to seek guidance from a professional trustee by whom they can also be mentored during the
year ahead.
Governed by 8 board of up to 10 trustees {4 member-nominated, 6 professional).
Sub-committees for finance and HR.
Trustees and key staff undergo enhanced DBS checks.
Key management includes the Chief Executive. Programmes Dilector, and Policy Lead
Manager.
Investment powers
Under the memorandum and articles association the Charity has the power to make any investment that
the trustees see fit. No investments have been made yet
Constitution
Voices from Care Limiled is a registered charity govemed by its memorandum and articles of assoGiation.
Charity number:1108430. Company number.3261608

Trustees, Responsibilities
Company Law requires the trustees to prepare financial statements that give a true and fair view of the
state of affairs of the charity at the end of the financial year and of its surplus or d8ficit for the financial
year. In doing so the trustees are required to:
select suitable accounting policies and then apply them consistenly;
make sound judgments and estimates that are reasonable and pruden(. and
prepare the financial statements on a going con￿rn basis unless it is inappropriate to presume
that the company will continue in business
Observe the methods and principles of the SORP
The trustees are responsible for keeping proper accounting records, which disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the financial
statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of
the charity and hence for tsking reasonabte steps for the prevention and detection of fraud and other
irregularities.
In accordance with company law. as the charity trustees, we certfy that:
so far as we are aware. there Is no relevant audit information of which the charity auditors are
unaware,. and
as the trustees of the charity, we have taken all th& steps that we ought to have taken in order to
make ourselves aware of any relevant audit information and to establish that the charity's auditors
are aware of that infomation.
Thls report has been prepared in accordance with The Statement of Recommended Practi￿., Accounting
and Reporting by Charities (Issued in January 2019).
STATEMENT TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by the Charities Act
2011 > of which the charity's auditors are unaware and each Trustee has taken steps that he ought to have
taken as a Trustee in order to make himself aware of any relevant audit information and to establish that
the charity's auditors a￿ aware of that information.

AUDITORS
In accordance with the company articles. a resolution proposing that Hodge Bakshl will be reappointed as
auditor of the company will be put to General Meeting
The
wasa
ved by the Board of T ustees
Mr. G Roddis
Mr. J Champney-Smith
Dated 28 October 2025
Dated 28 October 2025
121 P a (Fe

Independent auditorfs report to the trustees of Volces From Care Cymru
Opinion
We have audited the financial statements of Vol￿S From Care Cymru ('the charitable company,) for the
year ended 31 March 2025 which comprise Statement of Financial Activity, balance sheet, cash flow and
notes to the financial statements, including significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards. including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Iroland (United Kingdom Generalty Accepted Accounting Practi￿).
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 reSoUr￿S and application of resour￿$ for the yéar then ended;
.have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice:
and
.have been prepared in accordance with the requirements of Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditorfs
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the financia
statements in th8 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 golng coneern
In auditing the financial statements, we have concluded that the Trustee's use of the going concern basis
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events
or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue
as a going concern for a period of at least 12 months from when the financial ststements 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.

Independent audito￿8 rèport to the tntstees of Voices From Care Cymru
other Infomiation
The other information comprises the information included in the annual report. including the trustees, repo
other than the financial statements and our auditorfs 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, except to the extent otheNise explicitly stated in our report we do not express
any form of assurance conclusion thereon.
Our responsibility is to read the other informatKJn and, in doing so, consider whether the other information
is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit,
or otherwise appears to be materially misstated. If we identify such material 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.
VV8 have nothing to report in this regard.
Matters on whlch we are required to report by exceptlon
In the light of the knowledge and understanding of thè company and its environment obtained in the course
of the audit, we have not identified material misstatements in the trustees report.
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts
and Reports) Regulations 2008 require us to report to you if, in our opinion..
•adequate and proper accounting records have not be￿ kept, or returns adequate for our audit have not
been received from branches not visited by us; or
.the financial statements are not in agreement with the a￿oUnting records and retums. or
4certain disclosures of trustees, remuneration specified by law are not made; or
•we have not received all the information and explanations we require for our audit.
Responsibilitles of trustees
As explained more fully in the trustees, responsibilities statemen( the trustees (who are also the Trustees
of the charitable company for the purposes of company law) are responsible for the preparation of the
financial statements and for being sats'sfi'ed that they give a true and fair view, and for such internal control
as the trustees determine is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial ststements, the trustees are responsible for ass&ssing the company's ability to
continue as a going concern. disclosing, as applicable, matters related to going concern and using the
going concern basis of accounting unless the trustees either intend to liquidate the company or to cease
operations, or have no realistic alternative but to do so.
I41Pa￿e

Independent auditor's report to the trustees of Voices From Care Cymru
Auditorfs responsibilit18s for the audlt of the financial statements
We have been appointed as auditor under section 145 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 th8 financial ststements 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 a￿WayS detect a material misststement when it exists.
Extent to which the audit was considered capable of dotecting irregularltles, including fraud.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to Influen￿ the economic decisions of users taken on the basis of these
financial statements.
Irregularities, including fraud, are instances of non-complian￿ with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are Capab￿ of detecting irregularities,
including fraud is detsiled below=
We obtain an understanding of the entity, its activities, its Control environment, by reading the Charity's
policies and procedures and carrying out audit work to ensure that the scope of its authorisation and the
effectiveness of its control environment are maintained, and likely future developments, including in relation
to thè legal and regulatory framework applicable, which includes the Companies Act and Charity Act, and
how the entity is complying with those frameworks. 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 6vidence 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 appllcable 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 include..
1. Assessing the extent of compliance with rules and regulations specifically in relation to Charities
Act2011 and employment laws which are considered to have a direct material effecton the financial
statements or the operab'ons of the Charity through enquiry of the trustees and senior management
team and inspection of records including review of board minutes during and subsequent to the
year ended 31 March 2025.
2. Reviewing financial ststement disclosure and verifying to supporting documentation, which
included Trustee board minutes, to assess compliance with applicable laws and regulations.
151Page

Independent auditorfs report to the trustees of Voices From Care CYMTU
3. Performing audit work to mitigate 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 limitationsof an audit. there is a riskthatwewill notdetectall 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 financial statements. as we will be less likely to become aware of instance 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.
A further description of our responsibilities forthe audit of thefinancial statements is located on the Flnan¢ial
Reporting Council's website at: Iw¥VW.frc.org.uklauditorsresponsibilities]. This description forms part of our
auditor's report.
Hodge Bakshi is eligible for appointment as auditor of the charitable company by virtue of its eligibility for
appointment as auditor of a company under section 1212 of the Companies Act 2006,
Use of our report
This report is made solely to the charitable company's members, 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 charitable company's members 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 charitable company and the charitable company's members as a
body, for our audit work, for this report. or for the opinions we have formed.
James Burnett ACA ACCA (Senior Statutory Auditorj
For and on behalf of Hodge 88kshi Statutory Auditors
Churchgate House
3 Church Road
Whitchurch
Cardiff
CFq4 2DX
z <¥ October 2025
161Page

VOICES FROM CARE CYMRU
LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
ncludin
income and ex
enditure accoun
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Deslgnatèd Restrlcted
Funds
Funds
Fund5
2025
2024
INCOME
Donallons and Legacles
21.460
21,460
17,581
Charitable activities
125,413
722.233 847.646
931,108
Investments
949
949
977
Totsl income
147,822
722,233 870.055
949,646
EXPENDITURE
Charitable adivities
106.423
986.041 1,092.464 1.029,942
Total axpendlture
106,423
986,041 1.092,464 1,029,942
Net {outgoingl lincome and net
movement In funds for the year
before transfers
41,399
(263,808) 1222,409) {80,296)
Transfers between funds
Nat movement In funds for the year
14
33.896
7,503
33,896
1229.912) 1222.409) <80,296)
Reconciliatlon of fund8
Total funds brought forward 1 April 2024
275,554
210,000 247,084 732,638
812,934
Total funds carried fonNard 31 March 2025
283.057
210 000
17,172 510 229
732.638
An Income and expendilure account has not been produ￿ as the Statement of Financial Activltles
represents all the income & expenditure of the Charity.
All income and expenditure derlve from continuing aclivities.
The statement of financial activities also complies with the requirements for an income and expenditure
account under the Companies Act 2￿6.
The notes form part of these financial statements.
17

voi
ES FROM CARE CYMRU
LIMIT
D BY GUARANTEE
Charlty number: 1108430
Company number: 03261608
BALANCE SHEET
AS AT 31 MARCH 202S
2025
2024
Noles
FIXED ASSETS:
Tangible assets
10,483
19.460
CURRENT ASSETS:
Debtors
Cash at bank
12
88,377
619.323
707,700
154,853
640.546
795,399
CREDITORS: Amounts falling
due within one year
13
207 954
NET CURRENT ASSETS:
499,746
713,178
TOTAL ASSETS LESS
CURRENT LIABILITIES:
510,229
732,638
FUNDS:
Unrestrlctsd funds-
Unrestricted funds:
Designated funds
283,057
210 000
275,554
210,000
15
493,057
485,554
Restricted funds
NET ASSETS
14
17,172
510 229
247,084
732,638
The company Is entitled to the exemption from the audit requirement contained in section 477 of the
Companies Act 2006, for the year ended 31 March 2025, although an audit has be8n caffled out under
section 144 of the Charities Act 2011.
The directors acknowledge their respOn￿bilItieS for comptying with tt)8 requiremenl8 of the Companies
Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not requlred the ￿npanY to obtain an audit of Its financial statements under the
requlrements of the Companies Ad 20Cb, for the year in qu8Stion and accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
The financlal statements wère approved by the Board of
October 2025 an
gned on its b
alf by..
luslees an
auth
rised for issue on 28
stee
Mr J Champney-smith
The notes fortn part of these finanLial statements.
18

VOICES FROM CARE CYMRU
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025
Charity number: 1108430
Company number: 3261608
2025
2024
Cash flows from operating activities
Cash generated from operations
{20,666)
(25,999)
Investing artivities
Purchase of tsngible flxed assets
Investment income received
(1.506)
949
977
557
(21,223)
977
(25.022)
Increase in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
640.546
665,568
Total cash and cash equivalents at the end of the yaar
619.323
640,546
Cash generated from operatlng activities
2025
2024
(Deficit) for the year
{222.409)
{80.296)
Adjustments for..
Investment income rewgnised in statement of financial aclivities
Depreciation of fixed assets
Movements in working capital
Decrease l (Increase) in debtors
(Decrease) I Increase in creditors
(Decrease) I Increase in deferred income
(949)
10.483
(977)
6.487
66.476
48.372
77.361
33,115
1,304
14,368
Net cash used In operatlng aclivitles
25,999
19

VOICES FROM CARE CYMRU
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POUCIES
Charity infomiation
Vol￿$ From Care Cymru is a private company limited by guarantee incorporated in England and
Wales. The reglstered office is 45, The Parade, Roath, Cardlff. CF24 3AB.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charitys Memorandum and
Articles of Association. the Companies Act 2006. the Charities Act 2011 and "Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities prepar(ng their
accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of
Ireland (FRS 102)" (as amended for accounting periods commencing from 1 January 20191. The
charity is a Publi¢ Benefit Entity as defined by FRS 102.
The financyal statements have been prepared under the historical Cost convention. The principal
accounting policies adopted are set out below.
The accounting policies have been applied consistently throughout the year and In the preceding
year.
The presentation currency of the financial statements is the Pound Sterfing (£)
1.2 Golng Concern
These accounts have been prepared on a going concem basis whlch assumes that the charity will
continue in operational existence for the fore8eeabl8 future. The trustees have prepared forecasts
for tha next Iwo years. The trustees believe that these forecasts are based on realistic income
assumptions and are confident that the charity will continue to be able to meet ils liabilities as they
fall due.
The charity has considered the impact of not rec£iving the same level of fundlng as in the past and
has factored these assumptions into its cash flow forecasts and believe the charity will be able to
continue In operation for the foreseeable future, albeit in a significantly reduced manner.
At the time of approving the financial slalements. the trustees have a reasonable expectation that
the Charity will have adequate resources to continue in operatioftal existence for the foreseeable
future. The trustees have reviewed the reserves policy which supports the long-tem) businass plan
of the Charity. The trustees continue to adopt the going concem basis in prèparing the financial
statements.
20

VOICES FROM CARE
YMRU
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MA
CH 2025
1.3 Slgnificant Judgements and Estimates
In the application of the charitys accountlng policies, which are described in note 1, management
is required to make judgements. estimates and assumptions about the carrying values of assets
and liabilities that are not readity apparent from other sources. The estimates and underlying
assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates. Impairment of debtors.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revlsed if the revision
affects only that perlod, or in the period of the revision and future periods if the revision affects
both current and future perlods.
Impalment of debtors
The charlty makes an estimate of the recoverable value of trade and other debtors. When
assessing impaimient of debtors, the Trustees considers factors including the current credlt rating
of the debtor, ageing profile of the debtor as well as historical experience.
1.4 Incoming resources
Income is recognised Mthen the charity has entitlement to the bjnds. any PerfOnnan￿ conditions
attached to the item(s) of income have been met, it is probable that the income will be received
and the amount Can bè measured reliabty.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is
recognised when the charity has entitlement to the funds. any performan¢8 conditions attached to
the grants hav8 been met. it is probable that the income will be recelved and the amount can be
measured reliably and is not deferred,
Donations are recognised there there is entitlement, certalnty of recelpt and the amount Can be
measured with sufficient rellability.
21

VOICES FROM CARE CYMRU
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE Y
R ENDED 31 MARCH 2025
Incomlng resources (Continued)
1.5 Donated services and facillties
Donated professional seNices and donated facilities are recognlsed as income when the charity has
control over the item, any condtlions associated with thè donated item have been met, the receipt of
economic benefit from the use by the charity of the item is probable and that economic benefit can
be measured reliabty. In accordance with the Charities SORP (FRS 102). the general volunteer Ilme
of the Frlends is not recognised and refer to the truste&s' annual report for more information aboui
their contribution.
On receipt, donated professiona Services and donated facilities are recognised on the basis of the
value of the gift to the charity which is the amount the charity would have been willing to pay to
obtain services or facilities of equivalent economic benefit on the open market., a correspondlng
amounl is then recogni5ed in expenditure in the period of re￿Ipl.
1.6 Resources expended
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a
thlrd paty, it is probable that the settlement will be required and the amount of the obligation can be
measured reliably.
Expenditure is classified under the following activity headings:
Charitable expenditu￿ Comprises those costs Incurred by the charity in the delivery of its aciivities
and servlcas for its beneficiaries. It includes both costs that can be allocated directly to such
activltles and those costs of an indirect nature necessary to support them.
Govemance costs include those costs associated with meeting constitulional and statutory
requirements of the charity and Include Ihe audit fee and costs linked lo the strategic management of
the charity.
Support costs include central functions and have been allocated to xtivity costs category on a basis
consistent with the use of resources. The bases on which support cosls have been allocated are set
out in the notes
All cosls all allocated be￿een expenditure categories on a basis designated to reflect the use of the
resour￿. Costs ￿latIng to a particular aclivity are allocated directly: others are apportioned on an
appropriate basis.
Expenditure Is reported gross due to the charity not being VAT registsred.
22

VOICES FROM CARE CYMRU
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEM
NTS
FOR THE YEAR
NDED 31 MARCH 2025
1.7 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of Ihe
Trustees in furtherance of the general objectives of the Charity and which have not been
designated for other purposes.
Restricted funds are funds thal are to be used In accordance wth speciftG restrictions
imposed by donors or that have been raised by the Charity for particular purposes. The
cost of raising and administering such funds are charged against the S￿lfie fund. The
aim and use of each restricted fund is sel out in note 14 of th8 financial statements.
Designated funds comprise of unrestricted funds that have been set aside by the Trustees
for particular purposes. The aim and use of each designated fund are set out in note 15 of
the financial statements.
1.8 Tangible fixed assets
Tangible fixed assets held for Ihe charivs own use are stated at Cost less ac￿MUlated
deprecialion and accumulated impaiment losses.
Depreciation is provided at the foll¢)wing annual rates calculated to write off the cost of
fixed assets. less their estimated residual value, over their expecied useful lives:
Fixtures and Fittlng8
Computer equlpment
25¢A on reduang balance
33% on cost
At each balance sheet date, the charity revie•VS the carrying amount of its tanglble fixed
assets to determine whether there is any indication that any items have suffered an
impairment loss. If any such Indication exists. the recoverable amount of an asset is
estimated in order to determlne the extent of the impairment loss, if any. Where It is not
posslble to estimate the recoverable amount of the asset, the Charity estimates the
reGoverable amount of the cash-generating unit lo vthich the asset belongs.
1.9 Taxatlon
As a charity, Voices From Care Cymru is exempt from tax on income and gains falling
within section 478 of the Taxes Act 2010 and section 256 of the Taxation of Chargeable
Gains Act 1992 to the extent that Ihese are applied lo its charitable objects only. No tax
charges have arisen in Ihe charity.
23

VOICES FROM CARE CYMRU
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR
E YEAR
NDED 31 MARCH 2025
1.10 Pensions
Th8 charity Operates a defined contribution pension scheme for all qualifying employees. The
assets of the scheme are held separatety from those of the charity in an independently
administered fund. Payments to defined contribution retirement schemes are charged as an
expense as they fall due. The penslon contribution of the charity is at 8%.
The charge to income or expenditure in respect of th8 defined contribution pension
scheme was £34,195 (2024.. £25,458).
1.11 Cash and Cash equivalents
Cash and cash equivalents are basic financial Instruments and include Cash in hand
and bank accounts.
1.12 Flnancial instruments
The ¢harity has elected to apply the provisions of Section 11 'Ba8ic Financial Insiruments"
Financial Instruments are recognised when the charity becomes paty to the Contractual provisions
of the instrument. Financial assets are liabilities are offset, wth the net amounts presented in the
financial statements. when ther& is a legally enforceable right to set off the recognised amounts
and there is an intentlon to sett]e on a net basis or to realise the asset and setue the Ilability
simultsneously.
1.13 Basic financial assets
Basic financial assets, which include prepaymènts. other debtor8, and cash and bank balance$,
are initially measured at transaction price Including transaciion costs and are subsèquently carried
at amortised cost using the effeclive interest method unless the arrangement constitutes a
financing transaction, where the financial asset is measured at the present value of the future
receipts discounted at a market rate of interest.
1.14 Basic financial liabilities
Basic financial liabilities, including trade and other creditors. are Initlally recognlsed at transactlon
price unless the arrangement constitutes a financial transaction, where the debt instrument is
messured at the present value of the future payments dlscounted at a market rate of interest.
Debt instruments are subsequenlly carried at amortised cost. using the effective Interest rate
method. Trade credltors are obligations to pay for goods or services that have been acquired in the
ordinary course of operations from suppliers. Amounts classified as Current Ilabilities if payment is
due within one year or loss. If not. they are presented as non-current liabilities. Trade creditors are
recognised initially at transaction price and subsequently measured at amortised Gost using the
effective interest method.
1.15 Investment income
Investment income is Induded when receivable.
1.16 Oporating leasa commitments
Rentals paid under operating leases are d)arged to the Income & expenditure account in equal
amounts over the periods of the leases.
1.17 Glfts in Kind
Gifts in kind are valued at the invoice value for the Servi￿ received.
24

ICES FROM CARE CYMRU
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1.18 Transfer Between Funds
Whilst the charity seeks to obtain sufficient funds to ensure each project 15 self-sustsining this is
not ahmays possible and a portion of the core funds have to be applied to ensure that the projects
can continue. The application of core funds to support the projects 15 reflected by the transfers from
unrestricted to restricted funds. Funds transfers also relate to projects that have ended and the
charity has no expectatlon that the grants should be repaid to the funders.
1.19 Volunteers
The value of the seNices provided by volunteers is not incorporated into these financial
Further details of their contribution is provided in note 2 to these financial statements and In the
trustees, report.
1.20 Impairment
Assets not measured at fair value are ￿vieWed for any indication that the asset may be impaired at
each balance sheet date. If such indication exists. the recoverable amount of the asset, or the
assets cash generating un6t, is estimated and compared to the carrylng amount. Where the
carrying amount exceeds its recoverable amount. an irnpairment loss is recognised in profit or loss
unless the asset is carried at a revalued amount where the impairment loss is a revaluation
decrease.
1.21 Government grants
Government grants are recognised at the fair value of the asset received or recelvable when there
is a reasonable assurance that the grant conditions will be met and the grants wlll be received.
Income from government grants comprises performance related grants made by Welsh
Government to fund the advancement of the spiritual, educational and physical welfare of young
people in Wales. See note 3 for more infomation and to the amount and source of these grants.
A grant that specifies performance conditions are recognised as income when the performance
conditions are met. Where a grant does not specify perfomance conditlons it is recognised in
income when the proceeds are received or receivable. A grant received before the recognition
criteria are satisfied is recognised with deferred income.
1.22 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's
seNi¢es are received.
Termination benefits are reC￿gnISed immediately as an expense when the charity is demonstrably
committed to temiinate the employment of an em￿oyee or to provide termination benefits.
2 INCOMING RESOURCES FROM GENERATED FUNDS
acies
Unrestricted Restricted
funds
funds
Don
tions and I
Total
2024
Donations and gifts
21,460
21,460
17.561
The charity benefits greatly from the involvement and enthusiastic support of ils many volunteers,
details of which are given in our annual report. In a¢¢ordance with FRS 102 and the Charities
SORP (FRS 102), the economic contribution of general volunteers is not recognised in the
25

VOICES FROM CA
E CYMRU
LIMITED
Y GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
OR THE YEAR END
D 31 MARCH 2025
3 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
2025
2024
Advice, Support, PartiGipation & Collaborati¢)n
Central Administration
Grants -Restrlcted
Grants -unrestricted - The Esme Fairbairn Foundation
13.630
31.783
722,233
80.000
41,866
47.164
842,078
Total income from chariiable activities
847.646
931.108
Analysed by fund
Unrestricted funds
Restricted funds
125,413
722,233
847,646
89,030
842.078
931,108
Grants
S.S.S.G (Welsh Govemment)
National Summit Follow up Activity Grant (Welsh Govemment)
Child Poverty Inovation and Supporting Communities Grant
Educ211on Granl (Welsh Govemmenl)
Homelessness Prevention (Welsh Govemment)
The Henry Smith Charity
BBC Children in Need- Million And Me Grant
British & Foreign School Society (BFSS)
Charles Hayward Foundation Grant
National Lottery Community FUFKI
National Lottery Shine thal Light Again
5NIV Funding from Paul Hamlyn Foundation
265,(KJO
28,000
35,217
4.830
131,016
19,150
122,C
14,334
25.000
14,368
S4,568
8,750
722,233
324.000
181,922
55,450
112,000
28,905
131,051
8,750
842,078
4 Investments
Unrestricted
funds
2025
Unrestri¢ted
funds
2024
Interest receivable
949
977
26

OICES
IMITE
NOTES
FORT
CARE CY
ARANTE
THE FINANCI
YEAR ENDED
L STATENIENTS
1 MARCH 2025
6 ANALYSIS OF CHARITABLE ACTIVITIES
Research Canvas YP Encourage.
Ralse
Support & Participatlo
Develop-
nlProfile
ment
Advocacy Provldel
Asslsling
Oppor-
tunltiès
Total
2024
staff costs
Depreclalion and impairment
Travel
Voluntsèr expenses
Consultancy
Payroll and penslon preparation
Occupancy
HR, Legal and professlonal
Officè running costs
Communlcalion and facllllation
3ank d)arges
Grant Partner Payment
Tralnlng and m88llng costs
21,708
338
804
373
920
156
1.437
467
62.520
1.384
3.295
1,528
3,771
232
5,892
1,915
2,960
4,065
42
8,273
19,684
52.968
2.115
5.036
2.336
134.591
2,970
7.072
3.280
8.094
770
12,646
4,110
6.353
8.725
141
17.758
41.925
66,861
1.913
4.554
2.112
5.212
156
8.144
2.646
4.091
S,618
95,516 434.184
2,308
11,026
5,491
26.251
2,547
12,176
6.285
30,047
153
1,546
9.820
46,945
3.191
15,256
4.933
23,582
6,775
32,388
321
13,789
65,918
24,280 148.390
458.838
6.487
19.163
9.321
18,626
1,536
30,864
8,704
14,516
41,473
563
68,203
112,065
79
2,927
4,524
6.213
10
12,845
30,415
991
2.018
4,685
11,435
27,402
34.644
115.560
134,038
248,434
140.169
175,165 848,010
790,359
Share of support eosts
(see note 71
Share of governance costs
{$ee note 71
17,322
28,890
33,509
74.530
35.042
43,790 233,084
230,733
348
52.314
1,427
145.877
2.378
11,370
8,850
221,333 1092 464 1029 942
169,728
326,027
177,184
Analysed by fund
Unr931ri¢ted funds
Re¥tricted funds
5.321
49.302
15,325
141990
157.315
12.983
120 297
32.931
305.673
338,664
16.389
151.850
168.239
23,414 106,423
129,883
216 929 986 041
900,059
240,343 1092,464 1029.942
7 SUPPORT COSTS
Support Gov8mancè
Costs
costs
2025
2024
staff costs
Occupancy costs
HR Costs
Office funnlng costs
Payroll
Audit fees- non audlt
Audll fee$
177,899
30,044
8.848
14.856
1.437
177,899
30.044
8,848
14.856
1,437
2,400
8,970
11,370 244 454
195,139
19.948
5,032
9,193
1,421
2,400
8.850
239 583
233,084
Governance wsts Includes payments to the audiiots of £11.370 {2025: £8,970 far audit fres and £2.400 for ac￿UntanCY fees>.
27

VOICES
ROM CARE CYMRU
IMITED BY GUARANTEE
TES TO THE FINANCIAL STATEMENTS
THE YEAR ENDED 31 MARCH 2025
FO
8 TRUSTEES
The trustees of the charity were not pald or received any other benefits from employment with the charity.
One trustee was reimbursed £63 expenses during the year (2024: £50). One charity trustee received
payment of £250 for professional or other services supplied to the charity (2024.. £nil).
9 EMPLOYEES
The average number of employees analysed by function was:
2025
Numbar
16
2024
Number
Dlrect charitable expenditure
Management and administration
Total
16
21
21
EMPLOYMENT COSTS
2025
2024
Wages & Salaries
Soclal Security Costs
Pensions Costs
568,806
48,245
34,195
651,246
593,483
40,971
25,458
659,912
The number of employees vthose annual remuneratlon was more than £60.000'.
2025
Number
2024
Number
£80.000-£89,999
Kgy management personnel
The gross benefits received by key management personnel of the charity were £256.844 (2024,.
£254,148).
10 NET OUTGOING RESOURCES FOR THE FINANCIAL YEAR
The operating deficit {2024 . deficil) is stated after charging:
2025
2024
Depreciation of owned assets
Rent
Auditors remuneration
AGcountancy and taxation advice
10,483
28,944
8,970
2,400
6.487
28.944
7,000
1.850
28

VOICES FROM CARE CYMRU
LIMITED BY GUARANTEE
NOTES
O THE FINANCIAL STATEMENTS
FOR THE YEAR
NDED 31 PJIARCH 2025
11 TANGIBLE FIXED ASSETS
Fixtures &
Fittin
Computer
Equi
rnent
Total
COST:
At 1 April 2024
Additions
At 31 March 2025
16,370
88,192
1,506
89,698
104,562
1,506
106,068
DEPRECIATION..
At 1 April 2024
Charge for year
At 31 March 2025
16,370
68,732
10,483
78,615
16,370
NET BOOK VALUE:
At 31 March 2025
At 31 March 2024
10,483
19,460
10.483
25.947
12 DEBTORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR
Debtors
Prepayments and accrued income
2025
2024
2,500
85.877
88,377
4,940
149.913
154,853
13 CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR
Creditors
Deferred Income
Accruals
2025
2024
106,985
77,361
23,608
207,954
59,603
14.368
8.250
82,221
2025
2024
Deferred income
Balance brought forward
Income received in the y8ar
Released to income
Balance carried foMiard
14,367
77,361
14.367
77,361
14,368
14,368
Income Is recognised when the charity has met the conditions of the grant. Until those ￿nditionS are
met income is deferred.
29

oic
CARE
IMITED
UA
NO
THE FINANCI
FOR THE YEAR ENDE
MR
TS
RCH 2025
14 RESTRICTED FUNOS
The in¢x)m8 funds ofthe charity Indude restricted fwds comw￿l￿ the fthrvj unexPen￿d l)*n¢es of
(k)nations and grant$ held on twst for specific purposes..
Th& Income fvnds oflhecharity Ind￿*
Balance
1.4.24
Income Expenses Fund¥
8alance
Transfer 31.3.
S.S.S.G Iwelsh Govemmenl)
N8tk)nal Summlt Follow vp Acbvity Gr#nt ￿elsh
Govemrnernll
Child Povety Innovation and Supwtlng
Comrnunltles Gront (Welsh Government)
2.624 285,0￿ 289,813
22.189
28,Qts)
28.(W)O
3S,217
35.217
Educthon Grant IWe18h Govemmerrtl
4,830
4.830
Hom¢l¢ssnos6 P￿VentIOn (WeL8h Governmenl)
54,408 131,016 18S.424
Thè Henry Snthh Charfty
42.749 19,150
51.742
10,157
88C Chlldrartr In Need- Milllon And Me Gr¥nl
12.1751 122,C(Kl 118.OSO
1.77S
Brltish & ForevJn School So¢lèty IBFSSI
8,928 14,334 38.1S3
14.891
Ch8rfes Hayward Foundatlon Grant
N?Ilon•l Lottery. Community Fund
Nèllonal Lottery- Shin¢ Ihot Light Ag￿n
National Lotlery- PROVO
2S.OQ) 25.oc
102.434
54.S68 49.328
14.368
14,368
1,891
3.280
21,011
17.500
247.084 722 233 986 041
10S.818
(3.1841
5.240
1.891
CA IRFWI
CA (TSRFI
6NIV Fundlng from Paul Harnlyn Foundation
21.011
The fijnds transfer relale to proJod¥ Ihal have •wJed and the charfty has nryèxpe¢tation that lh• wants sttc*Jk4 t• repaid to the Tho
Tw8lees conskler that they have fdbwed tht SORP gu￿1￿¢$ lo en￿8 the to ljo translerrod.
&SS.G (W•lsh Gov•mm•ftt) . to defvw 8 nufflhrof outc•mes lo ow¥￿Ilbe￿9 ond IThforma￿C￿ Ser￿¢¢$ to $upF¢rt th¢)se
aspects ofouf infivtrndng pr¢gr¥mmè that support W•lsh Gov•rr*i*nt prkrfli*B.
Natlonal Summit Follow up Actfvlty Gmnl (We18h Gov¢rnff*nt): Thlg owlw86 byW•tsh Govemmentlo enablgVFCC to
k wlth a wder ran9& ofyoung peopte to tlk)w up on the issues rnlsed Sumrnit beb%Een c8rn ew"8neod young p8ople and Welsh
Minlsters In March 2024 and to prepare for the new Surnmil Vann¢d l¢y May 202S. It was used to fund a series of regknal ￿rkshr￿ and
the Irma of 8 8pedallst conBult¥nl wtr tfwghl In to Inu•w I￿P￿lty of the InlknrKing team.
Chlld Poverty Innovatlon and Supportlng Cornrnunlttes Grant IWel$h Govomfflent>: Io u¥ vAh OLK partners Child
In Wales to develop a suite of resources io help wofessK)D81s SUPPDrt caro expertenc&J youThJ peo￿8 in rnana9ing their fmane
sU￿SSI￿(W, and to devebp a trauma hf¢rmed IwainirKJ package for k¥ofessk>n* tQ SUPFrfXt Ihern in u9kng these Te5Mce&
EfluGatlon GrAnt Iwolsh Government) . lo enable 8 ¢￿u￿a1)0n with cafe eypwienced ￿a¢c(￿pani8d atyum $88kor5 ab(4Jt Ihdr
exparfences of the education system In Wat¢$ ond they needed from tho Systth. The ev￿Je￿O they wovtthd has helppd shaped new
government guidaTTh to Local Avll*)rittes.
Hom•l05sness Proventlon iwolsh Govemmenti: to suppjrt the G8tbfi9 Ready Proixtvkn¢th Pry￿ 0¢ •xpw8rt*l yc4mg p￿P)e
for independent living.
Th¢ Hpnry Smith Foundatlon: to fund our Ca￿ eX[erR￿ed pw swrt gr¢ws.
8BC Children Sn Need.. to support work io cwte natkjnal r￿nN￿r$￿ti￿ the needs ofe8re experfeTrxl chthjren and yo￿9 pa0￿& ICYP)
and In particular Ih05e in th8 8- 13 ag6 group.
Brltlsh & ForelgTr School So¢i¢ty IBFSSI.. tQ SW(Kt carefs.
Charles Hayward Foundation Grant: to de¥ekJp our pro9ramff* supp(yim9 cwe experi￿Ced kn Ihe ryw1￿n81 lusllr
system.

VOICES FROM CARE CYMR
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE
EAR ENDED 31 MARCH 2025
Restrlcted funds (Contlnued)
National Lottery Communlty Fund . to create a national mental health and well-belng service for care
experienced young people.
Natlonal Lottery - Shlne that Llght Again This major grant from the National Lottery is enabling us
to continue and further develop our wellbeing programme wh￿h provides trauma informed person-
centred support lo individual care experienced people to help them add￿sS issues effecting their lives
and thrlve.
Natlonal Lottery - PROUD . This grant from the Natlonal Lottery Awards for All programme enabled us
to fund our annual celebration of the care experienced communty. This year saw over 100 care
experlenced young people coming together to take part in workshops and fun activlties, wlth 15 partner
organisalions also attending to promote their SeNI￿S and activities to young people.
WVCA IRFW) . The project wS115UPPOrt volunteers from Ihe care experienced communlty.
WVCA ITSRF) . The project wlll provide volunleers to support the v￿lIbeing of future generations.
SNIV Fundlng from Paul Hamlyn Foundation -. supports the CEO project meetlng costs.
and to support the work of the Five Nations Once Volce Coalltlon. tt)rough which we co-operate with
similar charities that support the care experienced ¢ommunlty in Scotland, the Republlc of Ireland,
Northem Ireland and England.
15 DESIGNATED FUNDS
The Trustees have dèsignated the folloW￿g designated funds to enable the charty to continue to
dellver enh8nc8d servlces for..
2024 wovhjed kn 2025
Purpose of deslgnated fund
Business Development fund
Projecl closure
Bultdlng
70.OCiI
90,000
50.0
210000
70.IxIO
90,000
210000
Buslness Development fund
The business development expendtture reserve is established because it is important that the charlty
maximises its income and reduces overall expendtture when possible. Therefore. developing n
Income streams, strengthening existing ones and improving efficiency are a prforlty. The required level
of £70,000 is set aside.
Project closure
Growth of aclivity and hence income streams In partrcular from projects gives cause for the trustees to
consider the costs associated with project closure and redundancy cosls. This designated reserve has
been established to ensure sufficient fvnds are available when projects come to an end,- and if the
organlsation needs to relocate, andlor d8V8lop new offices. The iruslees feel that a desired level of
£g0.000 is required.
31

ICES FROM CARE CYMRU
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATE
ENTS
FOR THE YEAR ENDED 31 MARCH 2025
DESIGNATED FUNDS (CONTINUED)
Property fund
To cover Ihe costs of either {1) investrnent in a property of our ¢)wn orlprovision In respect of future rental
costsloffice development and (11) provi51on in respect of dilapidalion (repairs required durin9 or the end of
the tenancy).
The timescale associated with this reseNe will vary depending upon project delivery.
These d8signation reflects the intentions as to the fvture application of funds as at the balancè she8t date
and do not reflect an extemal transaGtion or present obligation to a third party.
16 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestslded Oe51gn*d Re¥l￿￿j
Fund8
Fw)¢Ss
Total
Unre5trfcted C*shJnated Restricted Tot¥1
2024
2024
2024
2024
Tangible fixed assets
10.483
10.483
19,460
19,460
Nel current a$set8
Tolal nel ass&ts
272,574
283.057
210,OCQ
210,000
17,172
17.172
499,746
510.229
2S6,094
275,554
210.0
210.0
247.084
247,084
713,178
732,638
17 LIABILITY OF MEMBERS
The charity is Ilmited by guarantee, not having a share opita, the word Ilmlted being omitted from its
name pursuant to a licence from the Department of Trade. Each member of the Company is liable to
maximum of £1 in the event of the winding up of the Charity and is not entitled to any share in the assets of
the Company,
18 OPERATING LEASE COMMITMENTS
At 31st March 2025, the charity had total commitments under non- cancellable op8rating leases over the
remaining life of Ihose leases of £69,648 {2024: £102,888).
19 RELATED PARTY TRANSACTIONS
The charity and Children In Wales - Plant Yng Nghymru have common trustees.
During the year the charity paid £65,918 (2024- £46.928) to Children In Wales- Plantyng Nghymru
relating to membership, training and reimbursement for the"Getting Ready Proiecy,, £14.643 was
outstanding at the year end (2024: £14,079).
There were no other related party transactions to disclose.
32