REGJSTERED COMPANV NUMBER: 05163501 (England and Wale5)
REGISTF.RF.D CHARITY NUMBER.. 1110726
Report of thc Trustees and
Flnarhclal Statements
for the Year Ended 31 Marcli 2024
for
Cwmbran Centre for Young Pcople
Xeinadin Audit Liniited
Cliartered Accountants
& St3thtory Auditors
Highdale House
7 Centre Court
Treforcst IndLlStrial Estate
Pontypridd
]lthondda Cynon Taff
CF37 SYR

Cwmbran Centre for Young People
Cont¢nts of the Financial Statements
for the Year Ended 31 March 2024
Page
Report of the Trustees
Report of the Independent Audltors
7 to 10
Slalemenl of Flnanclal Activltles
BRlance Sheet
12
Cash Flow Statement
Notes to the Cash Flow Statement
Note$ to the Finnncial Statements
15 10 24
Delalled Statement of Flnanclal ActI￿tIeS
25

Cjvmbran Centre for Young People
Report of the Trustees
for the Year Ended 31 March 2024
The ttwstees who are also directors of the chatiry for the PUTposes of the Companies Act 2006, preseiit tkneir report with the finaDcial 5t&temell(s of the
charity foi tbe y£ar ended 31 March 2024, Tlie trust¢cs hav¢ adopted th2 provisions of Accounting and Reporting by Chaiities.. Statement of
Rccommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standai'd applicable in the UK and
Republic of Ireland (FRS 102) leffectivc l January 20191.
OBJEcfIvEs AND ACTIVITIES
Objective5 and aiDIS
Cwmbran Centre for Young People is a voluntary drop in centre for young people. Tbe coinpaiiy's objects and principal activities aTe to..
'Educate young pcople so as to d¢velop thtir pliy5ical, Incnlal. social and spiritual welfare capaci¢i¢s t]ial they may grow to ￿1] ill8￿rity as individuals
and menibers of society and that theii. conditions of life niay be in)proved"
'To provide young people with the support and assistance they need to achicve their goals.
In furtherance of the above..
Establisli a Youth CeiJtre and to iiiaiiage and iiiaintain it
Collaborate and ¢o-op¢rat¢ with local regulatory bodies
Raisc funds by n)cans of subscriptions, douotions, grants and ally Other lawful means i])cluding a rangc of Social ci)t¢rprise
Do all such other lawful things wliicb are necessary for the attainineni of the objeclives.
The main obje¢live5 and aclivitics for tl)e year were-.
To incrcase the range and quality of services for young people
To increase tlie Centre's usage
To raise funding lo make changes to the Centie'5 building
To improvc the image of tlie Centre tlirougliout the local convnunity
To iiivolve and consult young people in all aspects of the centre
To be aware of the healtb and welfare of all staff and young people using the Centre
To achieve its objectives, the Centre has four main project &reas.'
Aclniinistration and finance
Traii)ing
Suppoi'l and guidance
Social Entetprise
The Centre also has as one of its main objectives to deliver a range of social entcrprises through e8eh of these project ai'eas.
Each team lias its own objectives whickn link into tl)e Centre's ainll and objectives, whickn are reviewed on 2 regul￿. basis when progranunes of activity
and largels are set.
The n)oin activities whicli tbe centre provides to achieve these objectives are listed under the following achievement and performance section.
Publle benefit
The trustees have i'eviewed the guidaDce published by the Charity Commission with r¢gaTds to public bencfit. They arc sati5fi¢d tbat the cbarity meets
the two kcy principles of PLiblic bciiefit in that..
l) The charity provides an identifiable benefit in its key aim to provide, maintain, improve and advance education lo young people, to develop tlieir
physical, mcntal, social and Spiritual welfare capacities tliai ihey tnay grow to fvll niaturity as individuals and members of so¢iety and that their
conditions of life may be improved.
2) This benefit is made available to the general public.
Page I

Cwmbran Centre for Young People
Report of the Trustees
for the Year Ended 31 March 2024
STRATEGIC REPORT
Achievement and pcrforman¢e
Charitable activities
2023-2024 bas seen a ¢ontiuuation in the Ou￿b¢r of significant developments iti tbe ccntre'5 progress.
Ti'ainlng
Training includcd NVQIQCF, Traineeships, essential skills and Apprentic¢ships in arcas 5ucb as youth work, cmployability aT)d business
administration. The project was very successful, and As there l)as been a higli demalld for NVQIQCF qualifications and ot]JCT training that the project
had to offer, we have been fortunate to continu¢ tTaining young people in NVQIQCF in Youth WoTk and Business Administration. Employability
Sk]"Ils, H¢altl) alld Social care aDd Progression. A number of Centr¢ staff are trained as ass¢ssors, vcrifiers and basic skill tulors for NVQIQCF and we
#i'e Continuing with this process. We have iegislered wilh City and Guilds to d¢liv¢r and asses5 young people ID Bll$ltJCSs AdminislTation, Esscntial
s￿.11$, Health, Social care and ABC awaTding bodies to d¢liv¢r Youth Work and Employability Skn'lls Progrcssion.The Celltre is re￿Stered as a
suL)-conlraclor to B-WBL consorliuin for the apprenliLcship contract5 and ACT training for thc new JGW programrnc Its deliver work-based training
contracts. We have delivered training for a raiige of agencies itJ¢luding schools, community police, pupil refeiTal units. other work-bascd ag¢nci¢s.
youtli off¢nding tearns and other voluntary organisations,
Torfaen Young People's Coun5elling Serldce
Our Counselling SeTviee began in Scptember 2005 with (>iie ¢ounsellor woi.king on a Thur5d&y cv¢niii&'
now we have a ieam of 14 counsellor5
offering al least two days 8 weck in cach secoudary s¢hool, providing counselling acr055 Primary schools, and offerinE scs5ions al the Cwmbran
Centre for Young Pcople for those who would like to be seen after s¢hool. Tlie age rar]ge that we work with is from 7 to 19 years Dld. We COAtinuc to
receive ovcrwhclmingly positive feedback froni the young people, most of whom refer themselves dire¢ily foT counselliDg, and dernand for the seNice
continues to grow.
Young People come to see a counscllor for many different reasons, with Ihc most frequently occurring bein8.' anxiety, anger, family issues, low
esteem, depression, bereavemeDI ￿ld bullyiiig.
We can be contacted via our Facebook Pagc, our confidential aDswer phone service. Instagram or via email. Our aim 15 to be as accessible as possibl¢
lo tlje young people of Torfaen who might benefit from Iiaving counselling. Witl) additional ￿ndS from WG we have been able lo offer more days sn
both Primary and Secondary scboo15. The service also offered Collsultative supe￿1$10￿ s¢ssiotts for school staff in Torfa¢n
Youth actlvitie5 - include the following..
The Centre will continue to supporl and provides a friendly and safe environment for young people. These drop-in sessions providcd youth activilics
and 5UPPOrt froni trained 51aEf when required in several differeut areas sucb as trkinillgl bomelesslless, relationship issue5, drugs and alcohol issues and
oibers in relation lo th¢ young person's need5.
Tl)c Cenlrc will continue lo provide several difftrei)t youth activities For a rangc of agcs during the financial yeaT. The aLtivitics will include going to
different vcnues including local swiinming pools, trampoline park etc. In the ¢entrc w¢ have had several themed nights and days which included
Hallowccn parties, Ventre prom, balld ni8hts, quiz nights, games niglits and also charity cvents lo raise money for Comit Rclief, Children In Need and
Macmilllatt.
Volunteers have been an integral pari of Lhe youtl) a¢livities Provided for ihe young people and the centre bas been abl¢ lo provide opportunities for
tl)em to grow as individuals And learn and develop their individual skill5.
Butlding Work
Tli¢ Centre secured lunding from the WCVA Comrnunity Asset Development Programme to complete major r¢novation work to replace ils main
kitcben and toilets. This also included the creation of a new universal toil¢l.
Quality Mark in Youth Ivork
The centre was the first youll) organisation in Wales to achieve Ibe CWVYS qualsty Tnark in Youth Work. The centre also plans to continue to Involve
volunteers more itt the activities of tbe c¢ntre. fbe Welsh Assembly GovernmcDt iDtroduced a quality tnatk for youtli work. This had iknree lev¢ls.'
Bronze, Silver and Gold. The Cenlre was selcclcd to take part in the pilot for Ihe bronze award and wa5 one of the firsl Iliree youth organisalions lo
aclll'eve tlie bronze award. The CcDtrc also achieved the Silver and Gold award. ReceDLly the c¢iJtre ￿-aCbIeVed Ihe bronze quality mark.
Page 2

Cwmbrall Centre for Young People
Report of the Trustees
(or the Year Ended 31 March 2024
STRATEGIC REPORT
Flnancial revieiy
Financial position
We have a deficit f(Jr Il)e year Ttj unrcslriclcd funds of £48,944 and a deficit on restricted funds of £1,706. Unr¢stTlCted rc5¢rvcs carried fonvard at the
year end 2moui)ted to £390,872 of which £35,590 was desi￿ated, wlule Tcstrictcd re5crves aftcr tTai)sfers C￿rIed fonvard amounted to £68.407..
Principal funding sources
Tl)e principal fvnding Sources for Ihe charity are Cu￿entlY by way of grant and Contract income from our core fijnders. Our main core ￿nder is
Cwmbran CoinmuDity Council. witl) Croesyceiliog alld L12nyrafoii Commu]iiry Coullcil and Torfacii County Borougli Council bein8 our oth¢r ¢or¢
rund¢TS.
Investment policy and objectives
The Management Con]mittee have the power to invest in su¢l) assct5 as they sec fit, mtsnics not imn]cdialely requiTed foi. tl)e fiutherance of ils objccts.
Re5eiwe5 policy
The rcserv¢s ar¢ n¢¢d¢d lo mcct th¢ working capital requii'einents of the charily. The Management Committee have establishcd 2 policy whereby Ilie
uiir¢stricled fuuds iiot con]Jiutted or invested iii tangible r￿ed ￿SetS h¢ld by the charity should be the equivaleiit to three niot)ths running costs, whieb
bas¢d on tlie accoullts for ilie year ended 31 March 2024, equales to approximately £16S,000. The unrestricted resetves of the charity (excluding
taneible fixed us5ets and designated funds) as at 31 March 2024 amounted to £253,035.Tl)¢ Manageni¢nt Commillee al'e therefore satisfied with th¢
lev¢1 ofrc5erve5 held at present.
Flnttnclal and risk management objectives and policTes
The Centre has condii¢led a review of th¢ major risks to which the charity is exposed. A risk fil¢ is kept 2nd upd)t¢d on #n ongoing basis. Where
appropriate, systems or PToceduTes have been eslablisl)ed to mitigate the risks the charity faces. Pro¢cdures ar¢ in placc lo ¢n5ur¢ complian¢¢ wilh
Iiealtli and safety of staff, volunt¢¢TS, clicnts and vi5ilors lo ihe centre. Tbe centre 15 committed lo the Principles of Investors in People having
conipleted sonic vcry succcssful insp¢ction5.
Futur¢ plans
It has been a lop priority project on the continued developnient of so¢ial enteTprises which not only develop skills and employability skills with the
young people bui is also a poteIitial source of inconit by acliieving contracts and grants. The Centre is in Ilie Ihe process of establishing a community
cafe projecl and an in(ei'g¢neTational skills sliare project. The charity plans to continue the activzties outliiied abov¢ in Il)¢ fortli¢omiiig y¢ars subject to
satisfactory fijndillg arr￿)gementS. In addition, it l)&s ¢oiituiucd to dcv¢lop it5 Inforn)atlOll Support and Guidance including settillg up and establishing
effective links with Communities for action.
The cbarity is r¢gisler¢d will) the relevanl awaTding bodies lo deliver and a85e55 Essential Ski115 and NVQ'S in BLisine$s Admin, Youtl) Work,
Employability and Healtli & Social Care. It bas trained 2 staff as vcrifiers aud 4 as as5essor5. This enablcs us to fulfil our Training contracts.The
Celllie will train I more verifier and 2 tnore ass¢ssors in Ihc y¢ar lo comc in OTd¢T lo build Ilie capacity required to increase its Welsh Govcrnmcnl
trainiiig Colltracts.
A new traiiiing ro(Trm in tl)e up5taii's area ha5 been created as office space and additional counselling facilities as well as coiiti.acts and the Centre now
cn5urcs this arca is fvlly utilised to generate more incoine ènd provide services. A new bu$incss plan Ilas bten coinple(cd. Tl)t5 OUtliIics liow the CenlTe
will look to bLiild oli siibcoIilra¢ts to delivei. the Welsli Government Apprenticeship Pro&FI'amme and Job Growth Wales + programme.
The Entrai)c2 por¢lJ and a ii)ore efficient heallng systein for the main hall area will also be a priority.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The orgai)isation is a charitable company liinitcd by guarantee, Inco￿or81ed on 25 June 2004 and registered as a charity 01) 4 Au￿1st 2005. Mie
cornpany was established undei. a Memorandum of Association wliich established tbe objects 2nd powers of the cliaritablc company and 1$ governed
under its Articles of Association. In the event of the coinpany being wound up mei))beTS are required to contribute an ainount not exceeding £1 O to the
cl?aiitys a55ets.
Page 3

Cwmbran Centre for Young People
Report of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND F+iANAGEMENT
Recruitment and appointment of new trustees
The Management Committee wiu ele£t from within themselves tbe number of t￿stee$. which sh211 be nor less Ihallj three but is not subject to any
maximutn.
Tl)e charitys work focuses upon young people. therefore, the Management Committee seeks to ensur¢ that Il)c nccds of this group are appropriately
reflected througb the diversity of the trustee body.
Org4nisational structure
Cwinbran Centre for Young Peopl¢ lias a Manr4gement Coinmittee of not less than three members wbo meet every two Inonihs and arc responsible for
thc sti'at¢gic direction and policy of the chariLy. At presetjt Ihe co￿￿n1￿ce has nine members from a variety of professional ba¢kgTounds relevant to the
WOTk of tl)c charity.
A scb¢Jne of delegation is in place and day to day r¢sponsibility for the provision of the services rest with the Centre Manager along ivith the Finance
and Adniinistrilion Manager.
The Centre Manager is responsible for ensuring Ilial the cliarity delivers the servi¢¢s spe¢ifi¢d and Ihat key peTfonnance indicators are met. The CentTe
Manager lias responsibility for tlie day lo day operatioiial IDanagem¢nt of thc Ccnlrc, individual supcrvision of the staff team aad also ensuring tliai the
team continue lo develop their skills and working praclice5 in linc witli good praclicc.
Induction and training of neiv trustee5
Most irnstees are aLr¢ady fawiliar with thc practical work of the charity l)aving worked on the Centr¢ Managcment Committee.
New trust¢e5 invited to attend a serie5 of short trainitig sessions to fAmiliarise themselves with the charity and tbe context within which it operates.
Tlie5e are Organised by the Centre Manager and the Training Manager and cover=
The obligaliorts of Mau8gemenl Committee members.
The main documents which Set oui the opertsiional franjework for the charity including the Memorandutll and Arti¢l¢s.
Resources and the current financial position k)s set out in the lalesl published accounts.
Future plai)s and obj¢ctiv¢s.
Related parties
The Centre follows national and local policy regarding young people, The Centre has Close links with Torfaen Voluntary Alliance and the Centre has
lijiks with other abTencies working wilh young pcople with slalf being members of a number of local partnerships. The C¢ntr¢ a150 affiliatcs to lh¢
Wales Council for Voluiitary A¢iion, Boy5 and Girls Clubs of Wales, and the Council for Wales Voluntary Youth Service. These links have proved
invaluable to ilic cli74rity in establishing inipiov¢d links within thc Gommunity and idgntifying relevant policy developmcttts and prospective fi)nding.
Page 4

Cwmbran Centre for Young People
Report of the Trustees
for the Year Ended 31 March 2024
REFEREINCE AND ADIIINJSTRA Tr1￿ DETAILS
istered Co
#n
nU￿ber
05163501
Istered Chari
1110726
number
slercd Office
GlyndwT Road
Cwmbran
Torfaen
NP44 IQS
Directors
Stuart Ashley
Kebba Manneh
Nigel Davies (Vic¢ Chainnan}
Rhiannon Benn¢lt Ichainvoman)
Colin Crick
Julian Davenne
Susan Morgan
Leann¢ Lloyd-Tolman
resigned 03.07.24
appointed 03.07.24
appointcd 03.07.24
appointed 03.07,24
appoinred 03.07.24
Mana
ement Commlttee Mcmber5 & Trustees
ut not directors
Scan Wharton
Audltor5
Xeinadin Audit Limited
Chthered Ac¢ouiilants
& Siattjlory Auditor5
Higbdale House
7 Centr¢ Court
Treforest Industrial Esta1¢
Pontypridd
Rhoiidda c￿lon Taff
CF37 SYR
STATEMENT OF TRUSTEESI RESPONSIBILITIES
Thc trustees (who also th¢ directors of Cwmbran Centre for Young People for the PUTpose$ of company lawl ale r¢sponsible for pi'cparing the
Report of the TTUStc¢s and the financial statements in accordance witli applicablc law and United lthngdom Accounting Standard5 (Unilcd Kingdoin
Generally Accepted Accounting Practice),
Page 5

Cwmbran Centre for Young People
Report of the Trustees
for the Year Ended 31 March 2024
SI'ATEIVILN'f OTr 'i'RUSTEES' RESPONSIBILITIES - continued
Company law requires the Iruslees to prepare financial statements for each financial year whicli give a true Ènd fair vitw of the state of 2tTairs of the
charitabl¢ CO￿panY and of the incoming resourccs and application of I'csources, Includirj￿I the income and expendiDJre, of the cbaritable company for
that period. In preparing those financial statements, tbe trustees are required lo
5clect suilablc accounting policies and tl)en apply them consistcnily;
observe the metl)ods and PTinciples in the Charity SO]iP.,
tnake judgements alld estimates tliat are reasonable and prudent:
state wliether applicable accounting siandards have been followed, subjecl lo any n)atcrial dcpartuffs dis¢losed and explained in the financial
stateinents.
prepar¢ the financial statenients on the going concern basi$ unless it is inappropriate to presume that the charitable company will continue in
busincss.
The trnstees are rcsponsible for keeping proper accounting records which disclose widi rcksonabl¢ a¢¢uracy at any lime the fmaDcial position of thc
chariiable coii)PSLlly and to enable theTn to ensure Ilial Ilie financial slaternents comply with the Companies Act 2006. They are also responsible for
Safeguarding the assets of tlie cbaritable company and hence for takL'ng reasouable steps foi the prevention and deteclir)n of fraud ajjd otlier
irtcgularitics.
In so far as the trnstees are awai'e..
¢her¢ is no relevant audit infonnaiion of whi¢h Ihe ¢13ariiabl¢ company's auditors are unaware; and
the trustees have taken all sleps Ihal they ought lo have taken lo make ihernselves aware ol any r¢l¢vanl audit informaiion and to eslablish that the
auditors are aware of dial infomiation.
AUDITORS
The auditors, Xeinadin AvdiL Lirnited, will be PToposed for re-appointixent al the forthcoming Annual General Meeting.
Report f th I slees, incorporating a slralegic report, approved by Order of the board of ti￿st¢£$. as the company directors, on
i.i..l.1..15.1¥.............
id signed on the board's bel)31f by..
Councillorc-frick - Tiustce
Page 6

Report of the Independent Audfitors to the Member5 or
Civmbran Centre for Young People
Oplnffton
We liave audited tbe financial stateinents of Cwmbran Centre for Young People (the 'cl)atitable company) for tl)e year endcd 31 Nlarch 2024 which
comprise the Statement of Financial Activities. the Balance Sheet, the Cash Flow Stalerncnt and not¢5 to thc financial statcmcnls, including a sUn￿)ary
of significant accounting policies. The financial rcporting framcwork that lias been applied in tbeir preparation is applicable law and United Kingdom
Accounting Standards {United Kingdoin Gcncrally Accepted Accounting Practice).
In our opinion the financial statements.,
givc a truc and fair vicw of tlie slate of tbe tharitable compally's affairs As at 31 Marcli 2024 and of its ll)comii)g resource5 alld applicauon of
IEsources. including its income and expEnditure, for the year llien ended.,
liave been properly prepared ill accordance wilh ulli￿d Kmgdom Generally Accepted Accowiling Pra¢tice,' aod
h1£ VE be2n prepared it] accordance witli the requirements of the Companies Act 2006.
Basls for opinion
Ive coiiducted our audit in accordance with Intematioi)al Standards oll Auditlng IUKI (ISAS (UK)) and applicable law. Our responsibilities undei.
tliose siandard5 are further des¢iibed in thc Auditors, responsibilities for the audit of thc finanfjial 51alcn)cnls 5cclion of our TCPOI't. We are
indcpendeilt of the cliaritable company in accordance with die ethical rcquireni¢iits that aTe I'elevaut lo our audit of tl)e fiiiaucial statenients in the UK,
including Ilic FRC'S Ethical StandJTd. and we have fulfilled our otl)er ethical responsibilities in accord2tice with these rcquir¢iiients. We believe tliat
Ihc audit evidence we have obtained is suffici¢nt and appr(>prial¢ lo provide # basis for our opiiiion.
Concluslons relatlng to going concern
In auditing the financial silltcmcnls, we Iiave concluded Iliat the trustees, use of tl)e going concern basis of accounting in tl)e preparation of tlie
rinancial S¢a(ementS 15 appropriate.
Based ort the woJ.k we liave p¢rforni¢d, we havc not identified any niaterial Uncertainties relating to events or conditions that, individually or
ollectively, may cast significant doubt on the cliaritable company's ability lo ￿ntinUe as a going concern for a period of at least twelve nionths from
wlien tlie financial stalenienls are aiiiliorised foi. is5U¢.
Our Tesponsibilities and the responsibilities of Lh¢ 1rnslE¥S wjih Tcsp¢cI (0 going conceiij are described in the relevanl Sections of t]iis report.
Other Informatlon
Th¢ trustccs arc responsible for the other information. nie otlier information comprises tbe infonnalion included in the AnIiual Report. other tl)an Ilie
rinancial statements and our Report of the Independent Auditoi"s thereon.
Our opinion on the financial sialtmenls does not cover Ilie other infomialion and, except lo Ilie extent othcrnvise explicitly stated in our report, we do
not cxpress any forni of assuraiice conclusion tbereon.
In coiinectioi) with our audit of rbe fill￿1claI stalen)enls, our i'esponsibiLity is to read the other infornialioll and. in doiiig so, coiisidcr whetlier tlie other
inforniation is inalerially irtcoosisl¢nt with Ilic financial stalcmcnls or our knowledge obtained in Ilie audit or oihenvise appears to be materially
misstated. If we identify such nialerial inconsistencies oi apparent material misstatements, we are i'equired lo delemiit]e whether this gives rise to a
material misstatement in the financial slalenients Ili¢in5¢1v¢s. If, based on Ihc work wc l)ave pcrformcd. wc conclude that there is a Inatcrial
misstalem¢nL of this oth¢T information, wc are ￿qUired to report that fact. We have nothing to repoi'l in this regard.
Opinion5 on other matter5 prc5cl.ibed by the Companies Act 2006
In our opinion, based on the work undertaken in thc course of the audit..
Ihe infOr￿atiOn given in the Report of the TNslees for the fiDancial year for which the financial slalements are prepared is consistent witb the
financial statemenls,. and
Il)e Reporl of the Trust¢es has been pi'epaTed in accordance will) applicable legal requireinents.
Matters on Ivhich we are required lo report by exceprfon
Ill the light of the knowledge and understanding of tlie charitable conipany and its cnvironinent obtained in tlic course of tlie audit, we l)av2 not
identifIEd niat¢J'ial misstatcni¢n15 in the Report of the Trustees.
We have nothing to report in rcspccl of the following matters where the Companie5 Act 2006 require5 us lo report to you if. in our opinion..
adequatc accoullting records bave not been kept or returns adequate for our audit have not beeJJ received from branches not V15iied by us. or
the financial statenients are iiol in agreernent wiib the accounting iecords and retums., or
Certain disc105UTes of trLEslces' remuneration specified by law are not made., or
we have not received all ihe information and cxplanations we rcquiTC for our audit.
Page 7

Report of the Llldependent Auditors to the Members of
Cwmbran Centre for Young People
Re5ponslblllttes of trustees
As explained more fully in the StatCTn¢nl of TTUStees' Responsibilities. the tTuslees (who are also Ihc directors of the ¢haritable company for the
purposes of COTnpany law) arc rcsponsible for the preparation of the financial statements and for being satisfied that they give a tnje and fair view, and
for such int¢rnal control as the trustees deleTtnin¢ is n￿eSsary to enable the preparation of financial statements that are fre¢ from Fnatetial
Inisstatement, wlieiher due lo fraud or error.
ID preparing the financial statements, the Lrustees are responsible for assessing the charitable compally's abiliry to continue as a going concern.
disclosing, as applicable, matters r¢lat¢d to going concern and using the going concern basis of accounting unlc55 the trustees either intcnd lo liquidate
the charitable coinpany OT to cease operations, or have no realistic alteruative bul lo do so.
Page 8

Report of the llldependent Auditors to the Members of
Cwmbran Centre for Young People
Our responsibillties for the audit of the financial statements
Our objectives are to obtain reasonabl¢ assurance about whether the financial statements as a whole are frce from material misstatement, whether due
to fraud or ¢rror, aT)d to issuc a Report of thc llldependent Auditors tbat includ¢s our opinion. Reasonable assuTAnce is a high levcl of Assurance. but
is not a guarantcc that an audit conducted in accordance with ISAS (UK) will always detect a niaterial n]isstal¢incnt whcn it exists. Mi5Statcmcnts can
arisc from fraud or error aiid are CODsidered Inaterial if, IDdividually or in tlie aggiegate, Ihcy could reasonably be expected lo influence the economic
decision5 of uscrs taken on the basis of ihese financial statements.
Tlic extent to which our procedures are capable of detecting irregularities, including fTaud is dclailed below..
Jdentifying and assessing potential risks related lo irregularilics
ID idenlifying and assessing risks of malcrial niisslalcment irt TeSP¢Ct of irregularities including fraud and non-compliance with laws and regulations
we Iiave considered the following..
la) The nature of the industry and se¢tor, control eiivironment and biisiness perfom]ance',
(b) Resiilts of Ilic enqiiiries of Inanagement about their own identification 2nd lls.%essinent of the risks of irregularities.
{cl Any iiiatters we liave identified haviDg obtained aiid reviewed the conipany's
(d) Docuinenlation of tlieir policies and procedures relating lo..
li) identifying, ¢valuating and coniplying with laws and regulations and wlieth¢r they were aware of any inslanc¢s of non-coniplianc¢,'
{ii) detecting and responding to ihe risk8 of fraud and whcthcr tliey have kiiowledge of any actrjal, suspeGl¢d or alleged fraud.,
{iiil Ihe inlttrnal conlj'ols e51abli5hed to Initigaie risks of fTaud or non-compliance with laws and regulations,.
(iv) ilie maltcr5 discussed among ihc audit engagement team regarding how aiid whei'e fraud Inight occur iu tbc fthaucial statem¢ttts alld ally poleutial
indicalors of fraud.
As a result of these procedures, we considered ilie opportunities and inc¢nliv¢s that may exist witbin the organisation for fraud 2nd identified the
greates¢ poteutial for fraud in the following areas..
(a) Timing of recognition of incorne
(bl Foreign Curreiicy translation.
(cl Value of stocks
Ill con)nJon with ail audils under ISAS {UK), we are also required to perfomi specifie procedures to respond to the risk of mlllagemcnt override.
We also obtained an und¢istandii)g of thc legal ai)d regulatory fram¢work5 that Il)e company
operat¢s in, focusing on provisions of tliose IAWS and regulations Ihdt had a direct cffcct on the delerniination of material amounts and disclosures in
tlie financial statements. The key laws and regulations we consideied in this context included UK Companies Act,
einploym¢nt law, licaltli and
Safety, pensions legislation and tax legislation.
Ill addition, we Considered provisioiis of other laws and regulations Ihal do not liave a direct effect on the financial statemeiits bui compliance
wliich Imay be fundamental to the conipany's ability to operate or to avoid a mal¢rial p¢nalty.
Audit response to risks identified
Our pi'oceduie5 to respond 10 risks identified included tlle following.,
{a) RevicwiDg Ibc flljancial statement disclogure% and testing to supportiiig documeiilatioi) to assess compliance provisions of relevant laws and
rcgulations described as having a dirccl effect on the financial 51llteJnenl$',
(b) Ei)quiring of nianag¢mci)t concerning actual and potelltial litigation and clain]5'
Icl Performing analjtical procedurc5 to identify any unusiial or unexpected rclationships Iliat may indicate risks of malcrial Inisstalcmcnt du¢ to fiaiid;
and
(d) lin addressing the risk of fraud throiigli management override of controls, le5ting thc appropriateness of journal eiitrits and other ttdjuslmeDIs',
assessino whetbEr the judgemei)Is made in makin8 accollnting cstimatcs are indicative of a potential bias. and evalualiiig Ihe busines5 rationale of any
significant tiansaetions that are unusual or outside the norrnal course of business.
We also communieat¢d rclcvant identified laws and regulatlOD5 and pottntial fraud risks to all engtLgement t¢am members and remained alert to any
indication5 of fraud or non-complianc¢ with laws and regulalions throughout tbc audit.
Page 9

Report of the llldependent Auditors to the Members of
Cwmbran Centre for Young People
No instanccs of rnat¢rial non-compliance were identified. However. the likelihood of detecting irregularities, including fraud, is limited by thc inl)eTcn(
diffLcuIty in detecting irregularities, the effectiveness of the entity's COTltrols, and the nabjre, timing and extent of the audit procedures perfomied.
IrregulariLies that result from fraud n￿ght be inherently more difficult lo detect than irregularitie5 that result frorn error. As explained above, there is an
iavoidable risk that l]J2terial niisststements may not be detected, even thougli the audit has been pl&nntd and perfomied in accordance with ISAS
A furtliei. description of our responsibilities for (he audit of the financial stateinents is located on the Financial Reporting Council's website at
www.frc.org.uklauditorsTesponsibilities. This des¢tiptioll for￿9 part of our Report of the Auditois,
A further d¢s¢ription of OUT re5poDsibilitie5 for the audit of the finJncial slaten]ents is located Oll the Finallcial Reporting CouD¢il'5 website at
www.frc.org.uklauditorsTesponsibilities. This descriplioll fonns part of our Report of the Independent Auditors.
Use of Dur report
This report 15 u]adc sol¢ly to the charitable compwils rnernbers, as a body. in accordance with Cbapter 3 of Part 16 of the Conipanies Aci 2006. Our
at2dit woi"k bas been undeilaken so that we tnighi stale to the charitable company's mcnibeTS Lliose rn(IILers we are required lo stale to them irt an
auditors, report and for no other purp05¢. To the fullest extent permitted by law, we do nol accept or a55wne respoiisibility to anyon¢ other than lh¢
charitable company and tlie cbaritable company's meinbers as a body, for our audit work, for this reporl, or for the opinions we hove fomied.
Tania Cregg FCCA (Senior Siatulory Audilor)
for and on behalf of Xeinadin Audit Limited
Chartcred Accounlanls
& Siatutory Auditors
Highdale House
7 Centr¢ Court
Treforest Industrial Estute
Pontypridd
Wiondda Cynon Taff
CF37 SYR
Date..
Page 10

Cwmbran Centre for YouDg People
Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
Total
funds
3 1.3.23
Total
funds
Unreslricled
fund
Rcstricted
fuiids
Notes
JNCOIME AND ENDOWMENTS FROM
Donalions aiid Icgacies
211
11,020
11,231
16,124
Chdi'itable activities
Cculre activilies
248,402
351.740
600,142
644,304
Other income
242
242
1,927
Total
248,855
362,76Q
611,615
662,355
EXPENDITURE ON
Chai'itable activities
Centre aciiviiies
Staff ¢os15
Insurance
Light, heat and water
Cleaning
R¢paiTS and nJaintenan¢e
Printing, postsgc and stationery
Tel¢phonc
Travelling and expenses
General activities
Depreciation
Accountancy fees
Audit fees
Professional fee5
Coinput¢r costs
13,772
191,155
3,145
16,346
2,603
9,943
214
4,867
2,693
34.902
15,753
1,200
2,684
2,314
1,580
42.855
304,199
56,627
495,354
3,145
16,346
2,603
9,943
214
4,867
2,693
34,902
27,793
1,200
2,684
2,314
1,580
82,494
503.308
3,097
11,155
766
10.761
2,424
1,776
4,209
24,151
17.280
1.200
3,516
11.137
4,097
12,040
Total
303,171
359,094
662,265
681,371
NET INCOMEI(EXPENDITURE)
Ti-ansfers between fund5
154,316)
5,372
3,666
15,372)
{50,6SO)
{I9,0161
16
Net movement in funds
(48,944}
(1,7061
150,650)
{19,0161
RECONCILtA TION OF FUNDS
Total ￿ndS brought fonvard
439.816
70,113
509.929
528,945
TofAL FUNDS CARIUED FORWARD
390,872
68.407
459,279
509,929
The notes fonn part of these financial statements
Pagell

Cwmbran Centre for Young People
Balauce Sheet
31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted
nd
Reslricled
funds
Notes
FIXED ASSETS
Tangible assets
10
102.247
28,565
130,812
158,606
CURRENT ASSETS
Debtors
Cash at bank and in hand
54,239
311.912
43,701
25,053
97,940
336,965
16.948
463,111
366,151
68,754
434,905
480.119
CREDITORS
Amowils falliug due witbin one year
12
(12,744)
128,912)
141,656)
(79,836)
NEIT CURRENT ASSETS
353,407
39,842
393,249
400,283
TOTAL ASSETS LESS CURRENT LLiBILITIES
455,654
08,407
524,061
558,889
CREDITORS
Amounts falling due after more than one year
13
{64,7821
(64.782)
(48,960)
NET ASSETS
390,872
68,407
459,279
509,929
FUNDS
UnrestTlCted fund5
Restricted ￿lld5
16
390,872
68.407
439.816
70.113
TOTAL FUNDS
459,279
509.929
The financial statements were approved by the Board of Trustees and authorised for issue on
belialf by..
I I l !i(24...............
and wcrc signed ou ils
ounciuor C Crick- Trustee
The notes forni parl of these financial statements
Page 12

Civmbran Centre for Young People
Cash Floiv Statement
for the Year Ended 31 March 2024
31.3.24
31.3.23
Notes
Cash fl0sw5 fi'om opei4Lting aetivities
Cash gcncidted froiD opeialioiis
Inleiest paid
(123,867)
(576)
64,579
Net cash {lls¢d inl/provided by operating activities
1124,443)
64,579
Cash floiv5 from investlng actl￿ties
Purchase of iat]giblc fixed assets
{147,542)
Nct cash provided byllused inl investing activities
(147,542)
Cash tlows from financTEJ2 a¢tSvtties
Loan repayments iii year
(1,7631
Net cash (used in)/provided by financing activities
(1,763)
Change In cash and cash equlvalents In the reporting
perlod
Cash and cash equivalents at the beglnnlng ofthe
reporting period
1126,206)
(82,963)
463,171
546,134
Cash and Cash equivalents at the end of the reporting
period
336,965
463,171
The notes fonn part of these financial statements
Page 13

Cwmbran Centre for Young People
Notes to tbe Cash Flow Statement
for the Year Ended 31 March 2024
RECONCtLIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERA TING ACTlVtTtES
31.3.24
31.3.23
Net expenditure for the reporting perlod (As per the Statement of Financial ActI￿tIes)
Adjustments for:
Depreciation ¢haTg¢s
InteTest paid
IIn¢rease)Idecrease in debtors
IDccrcascllin¢rc2se in creditors
150,6501
119,056)
27,793
576
180,992)
120,5941
17,280
3,202
63,113
Nel c35h (used In)Iprovided by operations
1123,867)
64,579
ANALYSIS or CHANGES IN NET fuNDS
Ai 1.4.23
Cash flow
At 31.3.24
Nel ¢&sh
Cash at bank and in hand
463,171
(126,2061
336,965
463,571
(126,206)
336,965
Debt
Debts falling due witbin l year
Debts falling due after l year
(20,002)
(48,960)
17,586
{15,8221
(2,416)
(64,782)
{68,962)
1,764
(67,1981
TotAI
394,209
{124,4421
269,767
The notes form parl of these financial statements
Page 14

Cwmbrall Centre for Young People
Notes to the Finanei21 Statement5
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The fina]icial statements of the charitablc conipany, Ivhicb is a public benefit cntity under FRS 102. have been prepared iti accordance witb
thc Cliarities SORP (FRS 102) 'Accounling aiid R¢porting by Charilics.. Staleiment of Rccoinjncnded Piactite applicablE to cliarities
preparing tbeir accounts in accoi'dallce with the Financial Rcporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019),, Financial Reporling Standard 102 'The Financial Reporting Siandard applicable in tbe UK and Republic of
Ireland, and thc Compallies A¢1 2006. The r￿dnclal statenittllts havc beel) prepared under the histoi'ical cost convention.
The chariLy's funGtional aiid presci)tational currency is the pound sterling (£), and balances ar2 rounded to the n¢arcsl £1.
CritiLal accountlng judgement5 and key sources of cslimAtton uncertainty
Estimates and judgements are continually evaluated and are based on hisioTical experience and other factors, incliiding expectations of fijwre
eveilts that arc believed to bc rcasonable under the circuinstances. Tlic Charity niakes estimates and assuinplions concerning tlie futur¢. T]ie
resulting ac¥ounting estiniates and assumptions will, by definition, seldom equal tl)e related aGtual result
No judgement5 (apaTI from those involving e5timatesl h2v¢ been iiiade in tli¢ proccs5 of applying the above accounting policies.
Income
Ii)come is recogmised when Il)e clJarity has entitlement to the ￿nds, any perfomiance conditiolis lo the item of 2n¢om¢ hav¢ be¢1) mel, it is
yi'obable Ilial il)e income will be received, and the amount can be measured reliably.
Donations and voluulary income are accounted for gross whcn received.
Grants are recognised in full in ih¢ Stal¢menl of Financi21 Activities in the year in which they are rcc¢ivable. CAPltal grants relating lo Il)e
purchase of major fixed assets are defen'ed and released over the life of tbe assets to which they relate.
Grants, where entitlement is noi conditional on tli¢ delivery of a specific perfoiinan¢¢ by the charity, are recognised wben the Charity
beconies unconditionally enliilcd to the grant.
Incoiiie froin inv¢strnents 1$ included in the year in wliich it is receivable.
Expendlture
Liabilities are recognised a5 expendibJr¢ as soon as there is 2 leg81 or constructive obligation commillirtg Ihc charity to that expenditure, it is
probable that a transfer of econoimic benefits will be required in settlemeiit and th¢ ainounl of Ilie obligation can be measured reliably.
Cos15 of charitable aclivities include thc direct costs of rnnning the Charity, and Y4re attributed to th¢ rc5PCCtive fijnding on an acc￿21 basis.
Liabilities are recognis¢d a5 resources expended as soon as tl)ere is a legal 01. couslrurlivc obligation CQT2unittin8 th¢ chai'ity to Il)e
exp¢nditure alld is shown inclusive of any VAT.
Governancc costs are the costs associated wiib tlie govemauc¢ arrangements of the ¢h8rity, which relat¢ to t]ie general running of the charity
as opposed io ihc costs associated witli fundraising or ¢liaritable activities. Such costs nornially include aLidit lees, legal advice for the
Manag¢rllcnt Con]mittee and costs associatcd with coJJslitutional and statutory requiremcnts.
Allocatioll aDd apportionment of costs
Expendittirc is accounted for on an accruals basis and has been classified under headings (hat aggregate all eosl related to tlie category.
Where costs cannot bc directly attributed to particular beidiiigs they have beell allocatcd to activities on a basis consistent with the use of
resources.
Tangible fixed a55ets
Dcprcciation is provided at the following 2JJnual rates iu ordcr to Write off each ass¢t over its estimated use￿1 life.
Short leasehold
Fixtures and fittings
Motor vehicles
I OD/o on cost
15G/¢ Oll Cost
250/0 on Teducing balance
Page 15
continued...

Cwmbran Centre for Young People
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES- continued
Tgxatlon
The charity is ex¢ttJpt from corporation tax on its Cliaritable activities.
Fund 2ccountlDg
Unrestricted funds can be used ill accordance with the charitable objective5 at th¢ d5scretion of the trustees.
Restricted fijnds can only be used for particul&T rcslricled purposes within the objects of the chaTity, Rcstrictions arise when 5pecificd by the
donor or whei) fijnds are rY¢iSed foT Particular restricted purposes.
Restricted funds include Ilie following'.-
Counselliii
Grant5
These grants related to the ongoing provision of qualified counsellors PToviding counselling in respect of issues such as anxiety, anger, low
esteem and depression acTQSS schools and at the cenlre.
Lotteries
Thesc fijnds part of the National Lottery fiJndiDg and are specifically granlcd for the development of skills for youths.
Children io N¢ed
T]iese fvnd5 relat¢ lo Ihe provision of facilities lo children and young people to build on their cxislin8 skills and empower them lo create
¢hoic¢s and opporiunilies for later in life
Colljmuni
Fa¢ilitie
Pro
anune
These funds Telate lo Ilie development of essential skills of young people th¢ view to them gainin8 employment.
Youth Su
trate
These funds Telale to the development of young people to enable them to reach their fijll potential,
Winter Wellbein
Fund
Thes¢ fijnds relate lo activities to enhance the wellbeing of young people wth emitional and mental health issues.
ital Grants
These funds relate to grants ¢xpend¢d on fjxed asset expenditure. The fund is Teduced each year equivalent to aTmuil d¢pr¢¢iation charge.
AIEn
ement Gatewa
These funds relate to the provision of skills for young people to assisi gaining employi)]ent oPpor￿nitIes.
ffice of tbe Police & Crime Co
These ￿rtd$ are used to contribute (oward5 th¢ Op¢n A¢ce55 Drop In project currently by th¢ C¢nlre
afer Streets
These fi￿dS are used Lo ¢r¢at¢ a dedicated outreach team ehich focus¢s on adih.essitig ASB types in the rEntr¢ alld to provide 5UPPOrt to
young people io meet tl)eir indivsdual needs.
Active Inclusion
These fvnds are used for projccts in the local community lo help di5advanlaged pcople gei back into employin¢nt.
U¢¢lls Awards
These funds w¢re awarded dllring the year of the Queen's Diamond Jubile¢ to help a partnership proj¢¢t rccognising oiie organisation in cach
CoTnmonweath counlry for a project wliich CElebrated young leaders they supported and worked witb
Other Pro
ects
These fr￿dS comprisc 5fDaller fi]ndtDg specific to projects all with the aim to dcvclop the skills of young peopl¢.
Page 16
continued..

Civmbr2n Centre for Young People
Note5 to the Financial Statements - continued
for the Year Ended 31 Lmarch 2024
AccoifNTtNG POLICIES - eontinued
Pension costs and other post-retiremenl beJJefits
The cliarilable cotnpany operates a defined coiilribution pensiotl sclieme. Contributions payable to Ibe cbaritAble COTnpany'5 pe115ion scheme
arc charged to the Sialcinent of Financial Activilies in Ihc Period io wliich Il)¢y rclatc.
Debtors
Amounts recoverable on contracts are rccognised at Ihe settlein¢Dt ainounl due aftcT any discount offcrcd. Prcpayrnents are valued at the
amount prepaid net of any tradc discounts duc.
Cosh at bank lo hand
Cash at bank and casli iii liand includes cash and shoil Icnn Iiighly liquid inveslm¢n15 Wltli a sl)ort niimrity of three months or less from tl)e
dalr of acquisitioii oi. openiDg of ihe deposit ur siniilar account.
Creditol-s and provislon5
Creditors and provisions are recogni5ed wliere Il)e charity has a present obligation resulting froii) a past evcnl that will probably resiilt in Ihc
transfer of fvnds to a Lhird paty and the aniount due to seitle the obligation can be measurcd or cstiinated reliably. Creditors and Provisions
are nonnally recognised al their seltleTn¢nl aTnount after allowing for any tradc discounts due.
Financial in$trumenls
TlJ¢ chai'ity oiily has financial assets and financial liabilities of a kind that qualify as basi¢ financial instruments. Basic financial instruments
are initially recogniscd at (ransaction value and subsequently ni£a5ured at their settlement value.
DONATIONS AND LEGACIES
31.3.24
31.3.23
Donatiorts
16,124
INCOME FROM CHAIUTABLE ACTMTIES
31.3.24
31.3.23
Activity
Centre activities
Centsr activities
Gran15
Otber in¢oming resources
512.588
87,554
588,875
55,429
600,142
644,304
Grants received, iDcluded in th¢ abovc, ar¢ as follows..
31.3.24
31.3.23
Local council and cOn￿DunIty grants
Welsh Council foT Voluntary Action
Cliildi'en In Necd
Torfacn Counry Borougl) Council
Other grant5
Gwctit Police Fund
Capital Grant
70.499
98,448
52,501
32,575
269,278
45,561
40,315
50,197
32,075
258,227
119,532
32,255
512,588
588,875
Page 17
continued...

Cwmbran Centre for Young People
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
CHARITABLE ACTlVtTIES COSTS
Support
costs (see
note 51
Direct
Costs
Totals
Celltre activities
Staff costs
Ensurance
Light, heat and water
Cleaning
Ilepairs and maintenance
Printing, POSLag¢ and staii()n¢ry
Teleplione
TTavelling and expens¢s
Gciieral activities
D¢pr¢GialioD
Accountancy fccs
Audit fees
Professional fees
Conipuler costs
56,627
482,383
3,145
16,346
2,603
9,943
214
4.867
2,693
34,902
27,793
56,627
495,354
3,145
16,346
2,603
9,943
214
4,867
2,693
34,902
27,793
1,200
2,684
2,314
1,580
12.971
1,200
2,684
2,314
1,580
641,516
20,749
662,265
SUPPORT COSTS
Governance
Costs
Staff costs
A¢¢ouniancy fees
Audit fees
Professional fees
Computer costs
12,971
1,200
2,684
2,314
1,580
20,749
NET INCOMEI{EXPENDITURE)
Nel incom¢l{expenditurel is slated after cliargingllcrediling}'.
31.3.24
31.3.23
Auditors, TemuneTalion
Auditors. remuDeration for non audit work
Depieciation - owned assets
2,684
1,200
27,794
3,516
1,200
17,280
Page 18
continued..

CwmbraD Centre for Young People
Notes to the Financial Statements - continued
ror the Year Ended 31 March 2024
TRUSTEES, REMUNERA TION AND BENEFITS
There were no trnslces, remuneration or oilier b¢n¢fits for tlie year ended 31 March 2024 nor for the yeai. ended 31 March 2023.
Trustees, expenses
There werB no Iruslees, expenses paid for the year ended 31 M￿ch 2024 nor for Ihc ycaT cnded 31 March 2023.
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
Social security c05t5
Othcr pension costs
458,538
25,945
10.871
467,450
25,756
10,102
495,354
503,308
Key mana%ement personnel
Key inanageinent personnel are ¢on5idcr¢d to be those personnel who are nol Irusie¢s but have key operational and stralcgic roles in the
¢haTIty.
The total employnicnl costs of the key Inanagemenl personnel were £69,320 {2023 £61,328) whieh ¢onsisied of gross pay and employ¢ls
uational insurarLce ai)d pellsioii ¢ontributiolls,
The average Jnontl)ly nurnber of employees during tbe year was as follows..
31.3.24
26
31.3.23
30
Employees
Adn]ini5ts'aLioii alld govemance
27
31
No employtes re¢eived einoluinenls in excess of £60,000,
COMPARATIVLS FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricled
fijnd
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
16,124
16,124
Charltable aetlvltles
Celltre a¢tivilies
248,275
396,029
644,304
OLher in¢ome
1,927
1,927
Tot21
266,326
396,029
662,355
EXPENDITURE ON
Charitablc a¢tlvitie5
Cenlre activities
Staff costs
Insuran¢c
19,243
199,564
3,097
63,251
303.744
82,494
503,308
3,097
Page 19
continued...

Civmbran Centre for Young People
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
COMPAIL4TtVES FOR THE STATEMENT OF FtNANCIAL ACTtvtTtES - continued
Unrestricted
fund
Restricted
nds
Total
funds
Light. heat and walcr
Cleaning
Repairs and maintenance
Printing, postage and staLionEry
Telephoiie
Travelliiig and expenses
General acliviti¢s
Depreciation
Accountancy f¢¢s
Audit fees
Professional fees
Coinpuler costs
11,155
766
10,761
2,424
1,776
4,209
24,151
7,688
1,200
3,516
11,155
766
10,761
2,424
L,776
4,209
24.151
17,280
1.200
3,516
9,592
4,097
4,097
Total
304,784
376,587
681,371
NET INCOMEI(fi XPEN'DITURE)
(38,458)
140.494
19.442
(140,494)
{19,016)
Transfers between funds
Net movement Ill funds
102.036
(121,052)
119,0161
RECONCILIA TION OF FUNDS
Totsl funds brought lorwaTd
337,780
191,165
528,945
TOTAL FUNDS CARRIED FORWARD
439,816
70,113
S09,929
10.
TANGIBLE FIXED ASSETS
Fixttres
and
fittings
Short
leasehold
Motor
vehicles
Totsls
COST
Al l April 2023 and 31 March 2024
272.130
107,420
16,800
396,350
DEPRECIATION
Ai i April 2023
CliaTg¢ for year
107,248
14,885
479
237,744
27,794
27,214
Ai 31 March 2024
142,825
107,349
15,364
265,538
NET BOOK VALUE
At 31 Marcli 2024
129.305
71
1.436
130,812
Al 31 March 2023
156,519
172
1,915
158,606
Page 20
continued..

cw￿braU Centre for Young People
Notes to the Financial Slatetnents - continued
for the Year Ended 31 March 2024
DEBTORS: AMouTrrrs FALLING DUE IVITHIN ONE YEAR
31.3.24
3l.3.23
Trade debtors
PrepayJ]Icnts and accrued income
96,229
13,087
3,861
97,940
16,948
12.
CREDITORS: AMOUNTS FALLIIYG DUE WITHIN ONE ITAR
31.3.24
31.3.23
Otlier loans (see note 141
Social security and other laX¢$
Accruals and deferred inconie
2.416
20,002
8,042
51,792
39,240
41,656
79,836
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE TFIAN ONE YEAR
31.3.24
31.3.23
Otber loans (see note 141
64,782
48,960
14.
LOANS
An analysis of the Inattirity of loans is given below..
31.3.24
31,3.23
Amounts falling duc within one year on deiy)and:
Othcr loans
2.416
20,002
Amounts falling due bettveen ttvo and five years..
Oth¢T loans - 2-5 years
12,617
33,456
A]nounts falling due iii more tknan five years..
Repayable by illstalmeiils..
Other loans more Syrs instal
52,165
15,504
Page21
continued...

Cwmbr8D Centre for Young People
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
15.
LEASING AGREEMENTS
Miniinum l¢as¢ payments under non-¢anctllable operating Ica5¢5 fall duc as follows..
31.3.24
31.3.23
Within one year
9,191
5,448
16.
MOVEMENT IN FUNDS
Nel
n]ovenient
in funds
Transfers
between
funds
Ai
31.3.24
Ai 1.4.23
Unrestricted funds
General fuiid
439,816
(54,316)
5,372
390,872
Restricted funds
Counselling Grant
Other Projects
Capital Grant
Cliildren In Need
opcc
Safer Street
TVA YLG
17,81
2,778
7,260
(12,040)
297
4,052
671
048
(5,8001
428
14.789
7,688
28,565
8.441
7,605
671
648
40,605
8,144
3,553
70,113
3,666
15,3721
68,407
TOTAL FUNDS
509,929
(50,650)
459,279
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expcndcd
Movement
in fijnds
Unresti'icled funds
GeDeral ￿nd
248,855
(303.1711
(54,3161
Restrleted funds
Counsclling Grant
Oiher Projects
Capital Grant
Cliildren En Need
opcc
Safer StTeel
TVA YLG
230,180
24,519
1227,4021
(17,2591
(12,0401
(31,7781
(38,5791
(31,5841
(4521
2,778
7,260
(12,0401
297
4,052
671
648
32,075
42,631
32.255
1.100
362,760
(359,0941
3,666
TOTAL FUNDS
611,615
(662,2651
{50.650)
Page 22
continued...

CwmbraD Centre for Young People
Notes to the Financial St2tements - continued
for the Year Ended 31 March 2024
16.
MOVEMENT tN FUNDS- ¢orJtinued
Compar2tlves for movement in funds
Nel
movement
in funds
Transfeis
between
nds
Ai
31.3.23
At 1,4.22
Unresti'lcted funds
General fund
337,780
{38,458)
140,494
439,816
Restricted fuud5
Coun5clling Grant
Big Lotteries
Queens Award
Activg Inclusion
Other Projec15
Capiial Grant
Cliildren In Ne¢d
A l Engagenient Gateivay
Community Facilitics Prograinrne
Youth Support StTat¢gy
opcc
Safer Street
56,452
8,205
7,900
7,106
3,816
{22,5251
(8,?05)
(7,9001
{7,010)
(3,682)
(961
{134)
40,605
(8,254)
7.978
(16,7561
40,605
8,144
42,170
(25,772)
(7,9781
{13,1701
(35,590)
29,926
35,590
3,553
8,662
3,553
{8,662)
191,165
19,442
(140,494)
70,113
TOTAL FUNDS
528,94S
119,016)
509,929
Cotnparative nel mov¢ment ill ￿]IdS, iii¢ludcd ID the above are as follows..
Incoming
resources
Resoiir¢es
expended
Movement
in funds
Unrestricted funds
General fijnd
266,326
(304,784)
(38,458)
Restricted fund5
Couzisclliiig Grant
Aclive Incliigion
Other Projects
Capital Grant
Childrets Iii Need
Al Eng&gement Gateway
Cotnn)unily Facilities Prooramme
opcc
Safer Sir¢¢t
221.S76
(237,692)
1961
(11,868)
(9,592)
(40,8291
(16,1161
1961
(134)
40,605
18,254)
7,978
116,7561
3,553
8,662
11,734
50.197
32,575
7,978
(16,756)
{36,762)
(22,992)
40,315
31,654
396,029
{376,587)
19,442
TOTAL FUNDS
662,355
1681,371)
119,016)
Page 23
continued...

CwmbraD Centre for YouDg People
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
RELA TED PARTY DISCLOSURES
The cbaritablc coinpany is in receipt of grints from Torf2¢n County Borough Couneil and other local cosnmunity councils, who have
Councillors who 51t OD the board of tsustees.
They are, however not enlitled to any spccial PTivilcgcs as a result of thcse Counciillors boldiug office as Lrnstees.
Page 24

Cwmbran Centre for Youno People
Det2iled Statement of Financi81 Activities
for the Year Ended 31 March 2024
31.3.24
31.3.23
INCOMI E AND ENDOWMENTS
Donations and l¢ga¢le5
Donations
16,124
Charitable activitle5
Graii15
Otlicr incoining resources
512,588
87,554
588,875
55,429
600,142
644,304
Olhei. income
Room hir¢
242
1,927
Total incoming resources
611,615
662,355
EXPEI NDJTURE
Chai'itable actlvitles
Wages
Social security
Pensions
IDsurance
Liglit and l)eal
T¢l¢phone
Postage and stationery
Cleaniiig and caretaking
Repairs and n)aint¢hance
Celllre activities
Travelling and expenses
Depi'¢ciation of tangible fixed assets
Loan
445,567
25.945
10.871
3,145
16,346
2,443
2,638
4,733
7,813
90.953
2,693
27,793
576
451,884
25,756
10,102
3.097
1.776
2,424
1,052
117,120
4,209
17.280
641,516
645,855
Support costs
Governance costs
Wages
Auditors, remuneration
Audi(ors' rcmuncralion for noji iudit woi'k
Professional fees
Computcr costs
12.971
2,684
1,200
2.314
1,580
15.566
3.516
1,200
4,097
20,749
35,516
Total resouTces expended
662,265
681,371
Not expenditure
(50,650)
119,0161
This page does not fonn parl of the statutory financial statements
Page 25