2025-03-31-accounts

COMPANY REGISTRATION NUMBER: 4715832 CHARITY REGISTRATION NUMBER: 1110834 Women Connect First Company Limited by Guarantee Financial Statements 31 March 2025

Women Connect First Company Limited by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Statement of cash flows 10 12 13 14 Notes to the financial statements 15

Women Connect First Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 The trustees, who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 March 2025 . Reference and administrative details R8gistore(I charity name Charity registration number Company registration number Prlnclpal office and reglstered 7 Neville Street office Riverside Women Connect First 1110834 4715832 Cardiff CF116LP Wales The trustees Gwendolin Ngum Lyan Hassan Saroop Kaur Sumaya Khan Stephanie Makuvise Dr Sofia Vougioukalou Misbah Abdul-Halim (Appointed 14 March 2025) Independent examiner Philip M Harris FCA Temple Court 138 Cathedral Road Cardiff CF119HA Structure, governance and management Governing document The organisation is a charitable company limited by guarantee, incorporated on 28 March 2003 and registered as a charity on 11 August 2005. The company was established under a Memorandum of Association whiGh established the objectives and powers of the charitable company and it governed under its Articles of Association.

Recruitment and appointment of trustees The directars of the company are also charity trustees for the purpose of charity law and under the company's Articles are known as members of the Management Board. Under the requirements of the Memorandum and Arlicles of Association, the members of the Managemenl Board are elected to serve for a period of 3 years after which they must be reelected at the next Annual General Meeting. All members of Ihe Management Committee give their time voluntarily and received no benefits from Ihe charity. Trustee induction and training Most trustees are already familiar with the practical work of the charity. They are also regularly invited to take part in team-building and staff development days and other Women Connect First events. Additionally, new trustees are invited and encouraged to allend a series of short training sessions to familiarise themselves with the charity and the Context within which it operates. These are jointly led by the Chair of the Management Committee and the Director of the charity and include.. The obligations of Managemenl Commitiee members The main documents which set out the operational framework for the charity including the Memorandum and Articles Resourcing and the current financial position as set c)ut in the latest published accounts Future plans and objectives. Organisational structure The Charity is governed by its Trustees, who meet regularly to review reports presented to them by the administrative team which is entrusted with the implementation of the Trustees, decisions. A scheme of delegation is in place and day to day responsibility for the provision of the services rest with the Chief Executive Officer, who has the responsibility for the day to day operational management of staff. individual supervision of the staff team snd also ensuring that the team continue to develop their skills and working practices in line with good practice. Key management remuneration The board of Trustees together with key staff members are considered to be the key management personnel of the Charity. Details of payments to/from Trustees are disclosed in note 14 to the aGGounts. Paymenls to key management personnel are given in note 13. The level of payment made lo all key management personnel is reviewed annually by the Trustees.

Risk management The Management Committee has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity laces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers. clients and visitors to the centre. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. The trustees have conducled their own review of the major risks to which the charity is exposed, where at unacceptable levels, have taken steps to miligale those risks. The procedures are periodically reviewed to ensure that they still meet the needs of the charity. The principle risks facing the charity and a summary of the key mitigation actions, are noted below. Risk: Partnerships breaking up Miligaling actions- Seeking to work with organisations and individuals with shared values Establishing clear partnership agreements from Ihe outset Effectively servicing partnerships with regular meetings and communication, regularly reviewing and evaluating progress. Rlsk: Staff malpractlcel a safeguardlng fallure Miligating actions: lrnplementing reGruitment policies and Gontrols for slaffl volunteers with appropriate DBS GheGks R8gular provision of safeguarding training for all staff and volunteers Effeclive supervislon procedures Effeclive risk assessment systerns in place Risk: A major property incident Mlllgallng actlons: Implementation of ongoing property checks Ensuring sufficient insurance coverage in place Risk: Loss of key personnel Miligaling aetions: Regular appr8lS8ls & team meetings Team development activities Quality continuing professional development opportunities Risk: Reduction in clients I service users Miligating actions:

Development of activities and community projects lo attract new members Rlsk: Loss of fundlng for projects Mitigating actions: Diversify funding streams Generate own income Boosl public donalions Objectives and aclivities Purposes and alms Women Connect First (WCF) is a charitable company limited by guarantee, registered with the Charity Commission and Companies House in 2003. The charity's objectives are lo= 1. Advance the education of the public, primarily but not exclusively, of women members of ethnic minorily communities. 2. Relieve poverty and distress arising from financial hardship andlor physical and mental suffering. 3. Promote equality and diversity for Ihe public benefit. particularly (but not exclusively) in Wales, by: {1} Developing Ihe capacity and skills of women from elhnic minority communities so they are better able to identify and meet their needs and participate more fully in society. {ii} Raising awareness of social and religious needs.

Achievements and perfomiance The Trustees are pleased to present their report and the unaudited financial staternents for the year ended 31 March 2025. Women Connect First proudly celebrates 24 years of dedicaled service to women from diverse minoriiy ethnic communities in Wales and looks forward to marking its 25th (Silver Jubilee) anniversary on 1 March 2026. This year has been both successful and challenging as we navigated the ongoing cosl-of-living crisis and its impact on local communities across Wales. Thanks to the resilience. dedication. and innovation of our staff, volunteers, and trustees, we continued to provide culturally sensitive. inclusive, and tailored services that respond to the evolving needs of the communitie5 we serve. Despite a highly competitive funding environment and rising demand, WCF remained financially and operationally resilient through effective strategic and financial planning. We successfully secured grants from major funding bodies, enabling us to expand our work in several key areas including bespoke advocacy and support for older women aged 65+ climate change and sustainability initiative5, health and wellbeing, and warm hubs alongside our established programmes in advice and advocacy, children and young people's seNices, and support for older women. On behalf of the Trustees, staff, volunteers, beneficiaries, and the communities we serve, we extend our sincere thanks to all our funders and supporters whose generosity makes our work possible, FUNDERS In 2024-25, WCF delivered around 16 projects supported by a diverse range of funders, including both short-term and multi-year programmes. Our funders during the year included: Welsh Government, The Nalional Lottery Community Fund Wales, Lloyds Bank Foundation for England & Wales, BBC Children in Need. Paul Hamlyn Foundation, Tudor Trust, Cardiff Council, Zurich Communily Trust, Independent Age, Garfield Weston Foundation, National Grid, Postcode Community Trusl, South Wales Police, Tennis Wales, Cardiff Third Sector Council IC3SC), Race Council Cymru {WG Windrush Grant), and Glamorgan Voluntary Services. We sincerely thank all our funders for their continued confidence, trust. and partnership in enabling us 10 Serve our communities effectively.

ACTIVITIES & ACHIEVEMENTS This year saw a significant increase in the number of women and families supported. Beneficiaries and volunteers continued to play an active role in the planning. development. and delivery of our services. Despite economic pressures and public funding challenges, our programmes remained highly effective 2nd impactful. Overall, we worked with around 1800 women, children, young people, older women, and their families from diverse communities during the year. Volunteering Our volunteers made an invaluable contribution across all areas of work supporting office administration, outreach. events, the community café, and wellbeing sessions. Their commitment fosters community ownership and peer-to-peer support. Many volunteers gained new skills, coordinated community activities, and represented WCF at local events. Sever81 progressed into paid employment or further education, demonstrating the life-changing impact of volunteering opportunities at WCF. Advice & Advocacy Our advice and advocacy services provided essential support on housing and homelessness, energy, finance, and welfare benefits for women and their families. Demand increased sharply due to the cost-of-living crisis. We supported approximalely 220 women through over 400 advice sessions, helping them secure housing stability. improve financial literacy, and access their entitlements. Chlldren & Young People Our after-school clubs at the Riverside Centre engaged children and young girls from Canton, Riverside, Grangetown, and Butetown. Sessions focused on creativity, confidence-building, and life skills. During school holidays and the summer, we delivéred a wide rsnge of activities including climate change awareness sessions, wellbeing and physical activity programme5, and educational workshops. We also piloted Eco Clubs to improve environmenlal awareness and inspire behaviour change among young people through hands-on learning. Our Young Girls Group developed leadership and sports skills through programmes Such as Tennis Leaders and Multi-sport Activators and met inspirational women from different sectors, nurturing aspirations for future leadership. Crèche Services The Little Ralnbows Crèche contlnued to provide chlldcare for mothers accessing our servlces, enabling participation in education, training, and wellbeing activities while supporting early years development and reducing isolation. Health and Wollboing The Sports4AII Projecl, funded through the Welsh Government's Anti-Racist Vlales Action Plan, worked to engage ethnic minority wornen 2nd girls in sport and physical activity addressing barriers such as cost, childcare, cultural inappropriateness, and lack of representation. Across its three-year lifetime, the project supported 320 women and 101 girls. In its final year (ending December 2024), 141 participants engaged in activitios. We also delivered the Move More, Eal Well project 8 12-session programme Gombining seminars, cooking workshops. and groLJP discussions on health and nutrition, engaging 63 women from diverse

backgrounds, Our Summer Tennis Programme, supported by Tennis Wales. introduced tennis to underrepresented groups. It engaged 127 women, young girls, and children, and supported 13 young girls to train as Tennis Leaders. WCF was honoured to receive the 'Tennis Opened Up Award 2025, at the Tennis Wales Awards and the LTA Excellence Award 2025. Older People's Servlces The Golden Years "Lel's Age Well" Project supported over 200 older women, offering ESOL. IT and digital skills. conversational English, chair yoga, Pilates, and Strength & Balan￿ sessions. Workshops on health, housing, and cost-of-living support promoted empowerment and independence, while social aclivities such as the Friday Café & Coffee Mornings, cultural events, and outdoor trips reduced isolation and strengthened community bonds. Several older women also volLJnteered in projecl delivery and contributed to consultations, ensuring their voices were heard in decision-making. Climate Change and Sustainability Our Diverse Voices on Climale Change project, funded by The Nalional Lottery Communily Fund (Sustainable Steps). continued into its second ye8r, engaging around 235 participants across women, children, and young people. The project promotes environmenlal awareness, sustainable habits. and community-led climale action. World Café and Community Support Our World Café on Neville Street conlinued to thrive as a social hub offering affordable meals, community consultations, and training opportunities. In 2024-25 we.. Served 2,300+ meals Hosted 30+ consultation sesslons Provided 20 training opportunities for women seeking hospitality experience WCF also distributed 700+ period packs, warm packs, and food bank vouchers, reaching 147 individuals and families in need. Urban Garden Café - A New Comrnunity Initiative A highlight of the year was the launch of the Urban Garden Café - a volunteer-led project that transformed an unused outdoor space into a vibrant community garden and café. It now serves as a centre for learning, relaxation, and environmental awareness, offering training opportunities in hospitality and gardening. The Urban Garden Café has become a symbol of renewal, inclusion, and community ownership, and will continue to grow in 2025-26 as a green learning and social enlerprise space.

Policy and Influencing A major highlight was hosting the launch of the Women'5 Health Plan for Wales, for Welsh Govemment attended by Ihe First Minister for Wales and other WG and NHS officials at the WCF physical activity session. Throughout the year, WCF hosted multiple policy discussions and consultalions to ensure grassroots voices are heard by decision-makers. Our CEO and senior leadership team actively participaled in ministerial meetings, advisory forums, and strategic networks, advocating fDr the needs of ethnic minorily women across Wales. PARTNERSHIPS Our success depends on collaboration. We worked with a wide range of partners. including.. Cardiff & Vale University Health Board, Cardiff Council, BAWSO, Citizens Advice. Asylum Justice, Pedal Power, Cardiff University, NHS and GP surgeries, Chapter Arts Centre, Climate Cymru, Wales Wildlife Trust, and Size of Wales, among others. These partnerships enhance our reach, improve coordination, and ensure holistic support for our communities. TRUSTEES AND GOVERNANCE During the financial year, one new trustee joined the Board. Trustees continued to oversee strategic direction, governance. financial sustainability, and risk management to ensure the charity remains compliant. effective. and aligned with its mission. The Board met regularly to review progress and monitor key risks, including financial stabilily, safeguarding, and staff wellbeing. The Trustees confirm they have complied with the Charity Commission's guidance on public benefit when planning and delivering WCF'S activities. FUTURE PLANS As wo approach our 25th anniversary in 2026, Women Connect First continues to grow and evolve under the strong leadership of our Trustees and management team. Our priorities for 2025-26 include.. strengthening financial sustainability and diversifying funding sources Expanding environmental and digitsl inGlusion work Increasing opportunities for women's leadership and employability Continuing to influence Welsh Government and local policy affecting minority ethnic women We remain committed to ensuring that the voices and needs of our communities remain at Ihe heart of everything we do. ACKNOWLEDGEMENTS On behalf of the Trustees. slaff, volunteers, and beneficiaries, we extend heartfelt gratitude to 811 our funders. partners, supporters, and community members for their continued belief in our mission. Together, we are making a tangible difference in the lives of women and families from diverse backgrounds across Wales.

Financial review The charity's total income for the year amounted to £424,595 {2024.. £479,356). The restricted incoming resources for the year of £348,148 consists of grant income reTrived. Any unspent revenue income is carried forward to next year, as of 31st March 2025 restricted reserves were £88,988. The total unrestricted funds at the year-end represent the charity's free reserves and amounted lo £324.846. Reserves policy In the Irustees, view, Ihe reserves should provide the charity with adequate financial stability and the means for it to meet its charitable objectives for the foreseeable future. The Irustees propose to maintain the charity's reserves level which is at least equivalent to six months operational expenditure and will do so having regards to its manner of operation of likely funding systems. The trustees will review the amount of re3erve$ Ihat are required to enyure that they are adequate to fulfil the charity's continuing obligations on a quarterly basis at their regular monthly meetings. Going concern Having considered budgets for the next twelve months, the Truslees are confident Ihat the Charity will continue to meet its liabilities as they fall due for the foreseeable fulure and consider that there are no material uncertainlies about its ability to continue as a going concern. It is therefore considered appropriate by the Trustees to prepare the financial statements on a going concern basis. Small company provlslons This report has been prepared in accordance with Ihe provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 3 December 2025 and signed on behalf of the board of trustees by.. Gwendolin Ngum Trustee

Women Connect First Company Limited by Guarantee Independent Examiner's Report to the Trustees of Women Connect First Year ended 31 March 2025 I report to the trustees on my examination of the financial statements of Women Connect First ('the charity,) for the year ended 31 March 2025. Responsibilities and basis of report Respective responsibilities of trustees and examiner The charity's truslees (who are also directors of Women Connect First for the purpose of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for Ihis year under section 144 of the Charities Act 2011 and that an independent examlnation is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the General Directions given by Ihe Charity Commission under section 145(5) of the 2011 Act. and to stale whether particular matters have come to my altention. Basis of independ8nt examiners report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on whether the accounts present a 'tru8 and fair view,. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Inslltute of Chartered Account8nts In England and Wales (ICAEW), whlch is one of the Ilsled bodies.

In connection with rny examination. no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that: proper accounting records are kept (in accordance with section 386 of the Companies Acl 2006)., and accounts are prepared which agree with the accounting records, and comply with the accounting requirements of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reachèd, Philip M Harris FCA Independent Examinar Temple Court 13a Cathedral Road Cardiff CF119HA 3 December 2025

Women Connect First Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 2024 Unrestricted funds Restricted funds Endowment funds TDt31 funds Total funds Note Income and endowments Donations and legacies Charitable activities 2,826 6,842 66,522 257 348.148 350.974 6,842 66,522 257 410,975 13.g46 54,209 226 Other trading activities Investment income Total Income T6,447 348,148 424,595 479,356 Expendlture Expenditur8 on charitable activities 9,10 43,838 369,901 413,738 495,714 Total expenditure 43,838 369,901 413,738 495,714 Net incomel(expenditure) and net movement in funds 32,609 (21,753) 10.857 (16,358) Reconclllatlon of funds Total funds brought forward 292,237 110,741 200,000 602,978 619,336 Total funds Garried forward 324,846 88,988 200,000 613,834 602,978 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Women Connect First Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Note Fixed assets Tangible fixed assets Current assets Deblors 15 295,976 296.258 16 25.380 318,298 32,045 309,658 Cash at bank and in hand 343,678 25,819 341.703 34.983 Creditors: amounts falling due within one year 17 Net currenl assets 317.859 306.720 Total assets less current Ilabllltles 613,835 602,978 Net assets 613,835 602,978 Funds of the charlty Endowmenl funds Restricted funds Unrestricted funds 200.000 88,988 324,846 200.000 110,741 292.237 Total charity funds 19 613,834 602,978 For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2008 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of Its flnanclal statements for Ihe ye8r in question in accordance with section 476 The directors acknowledge their responsibilities for complying with the requirements of the Act with respecl to accounting records and the preparation of financial statements These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial slatements were approved by the board of trustees and authorised for issue on 3 December 2025 2nd are signed on behalf of the board by= Gwendolin Ngum Trustee

Women Connect First Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flows from operating activities Net incomel(expenditurel Adjustments for.. Depreciation of tangible fi'xed assets Other interest receivable and similar income 10,857 (16,358) 282 (257) 10,795 421 { 226) 50.424 Accrued expenses Changes in.. Trade and other debtors Trade and other creditors { 862) { 12,432) 9,030 (8,922) Cash generaled from operations Interest received 8,383 257 34,369 226 Net Gash from operating aGtivities 8,640 34.595 Net increase in cash and cash equivalents Cash and cash equlvalents at beglnnlng of year 8,640 309,658 34,595 275,063 Cash and cash equlvalènts at end of year 318,298 309,658

Women Connect First Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 1. General information The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a regislered charity in England and Wales. The address of the registered office is 7 Neville Street, Riverside, Cardiff, CF116LP, Wales. 2. Statement of complianca These financial stalements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republlc of Ireland., the Stslement of Recommended Practice applicable to charllles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Charities SORP (FRS 102)) and the Companies Act 2006. 3. Accounting policies Basis of preparation Th& financial statements have been prepared on th8 historical cost basis, as modified by the r8valuation of certain financial assets and liabilitie5 and investment propertie5 measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncerlainties about the charity's ability to continue. Judgements and key sources of estimation uncèrtainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are b8sed on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accountlng Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unreslricted funds earmarked L)y the trustees for parlicular future project or commitment. Restricted fijnds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.

Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income= income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt Is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the dolivery of the corbtracted service. This is classified as unrestricted funds unless there is a contractual requirement for il lo be spent on a parlicular purpose and relurned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable airns for the benefil of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifi£ble and consistent basis. Operating leaseg Léasè paymènts are rècognised 8s an 8xpènsé over the leasè term on a straight-line basis. Thè aggreg8te bènefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis. Tangible assets Tangible assets are initially recorded at Gosl, and subsequently ststed at GOSI less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluatlon less any subsequent accumulated depreciatlon and subsequent accumulated imp8irmenl losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within Ihe statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value. over the useful economic life of thal asset as follows: Fixtures and fittings Impairment of fixed a55ets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset 15 impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of imp8irment testing, when it is not possible to estimate the re¢overable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unil is the smallest identifiable group of assets thal includes Ihe asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected lo benefit from the synergies of the combination. irrespective of whether other assets or liabilities of the charity are assigned to those units. Flnanclal Instruments A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of thè Instrument. Baslc financial instruménts arè Initially r8cognised at thé amount recèlvable or payablè including any related transaction costs, unless the arrangement constitutes a finanGing transaction, where il is recognised at the present value of the future payments discounted al a market rate of interest for a similar debt Instrument. Current assels and current 118bilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extenl that the prepayment will lead to a reduction in fulure payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period to which it relates. 33 % reducing balance

1. Limited by guarantee The company is limited by guarantee and does not have a share Capital. The liability of the members in the event of the company being liquidated is limited to £1.
2. Donatlons and legacles Unrestricted Funds Restricted Funds Total Funds 2025 Donations Donations 326 326 Grants Cardiff Council - Period Poverty Cardiff Third Sector Council - Move More, Eat Well Children in Need Garfield Weston Foundation 2,000 2,500 9,935 20,000 7,710 20,347 2,000 2,500 9,935 20,000 7,710 20,347 Glamorgan Voluntary Services Independent Age - Golden Years Plus Lloyds Bank Foundation National Grid- Community Matters Fund Paul Hamlyn Foundation - Differen￿ Voice, Different View Postcode Community Trust Rosa- Voices from the Frontline South Wales Police - Tell Emma 5,000 5,000 51,700 51,700 500 500 Tennis Wales The National Heritage Memorial Fund The National Lottery Community Fund - Diverse Voices Tudor Trust Wales & West Utilities - Carbon Monoxide Vulnerability Welsh Government Sports4AII Grant Welsh Gov8rnmenl Sustainable Social Services Third Sector Welsh Governmanl National Windrush Day 2024 Zurich Communily Trust Other donations and legacios Lloyd5 Bank Foundation - Violence & abuse support funds 1,000 1,000 57,127 57,127 65,031 65,031 86,385 1,413 17,500 86,385 1,413 17,500 2,500 2,500 2,826 348,148 350.974 Unrestricted Funds Restricted Funds Total Funds 2024 Donations Donations 1,604 1,604

Grants Cardiff Council - Period Poverty Cardiff Third Sector Council - Move More, Eat Well Children in Need 4,000 4,000 9,463 9,463 Garfield Weston Foundation Glamorgan Voluntary Services Independent Age - Golden Years Plus Lloyds Bank Foundation National Grid- Community Matters Fund Paul Hamlyn Foundation - Difference Voice, Different View Postcode Community Trust Rosa- Voices from the Frontline South Wales Police - Tell Emma 8,300 8,300 25,000 10,000 25,000 10,000 25,000 {7.0001 25,000 (7,000) Tennis Wales The National Heritage Memorial Fund The National Lottery Community Fund Diverse Voices Tudor Trust Wales & We81 Utilities - Carbon Monoxide Vuln8rability Welsh Government Sports4AII Grant Welsh Governmenl Sustainable Social Services Third Sector Welsh Government National Windrush Day 2024 Zurich Community Trust Other donatlons and legacles Lloyds Bank Foundation - Violence & abuse support funds 6,787 60,491 40,000 31,695 90,000 6,787 80,491 40,000 31,695 90,000 86,385 86,385 19,250 19,250 1,604 409,371 410,975 6. Charitable activities Unrestricted Total Funds Funds 2025 Unrestricted Funds Total Funds 2024 Workshops, seminars, activities, courses Creche services 6,317 525 6,317 525 12.331 1,615 12,331 1,615 6.842 6,842 13.946 13,946 7. Other trading activities Unrestricted Total Funds Funds 2025 Unrestricted Funds Total Funds 2024 Interpreting Room hire 220 220 23,709 10.183 32,410 23,709 10.183 32,410 13,933 3,898 36.378 13,933 3,898 36,378 World cafe Project management fees 66,522 66,522 54,209 54,209 8. Investment income Total Funds

Unrestricted Funds 2025 Unrestricted Funds Total Funds 2024 Bank interest receivable 257 257 226 226

1. Expenditure on charitable activities by fund lype Unrestricted Funds Restricted Funds Total Funds 2025 Charitable aclivily 43,838 369,901 413.738 Unrestricted Funds Restricted Funds Total Funds 2024 Charitable activity 94,219 401,495 495,714
2. Expenditure on charitable activities by activity type Activities undert8ken directly Total funds 2025 Total fund 2024 Charitable activity 413.738 413,738 495.714
3. Net Incomo1(expondltuM) Nel incomellexpenditure) is stated after chargingl(crediting): 2025 2024 Depreciation of tangible fixed assets Operating lease rentals 282 1,111 421 874
4. Indepandent examlnatlon faes 2025 2024 Fees payable to the ind8pend8nt examlnar for.. Independent examination of the financial statements 2,340 2,250

5. Staff costs The total stsff costs and employee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salaries Social security costs Employer contributions to pension plans 224,066 14,087 9,580 295,151 16,621 14,250 247,733 326,022 The average head count of employees during the year was 8 {2024: 11 ). The average number of full-lime equivalent employees during the year is analysed as follows.. 2025 2024 No. No. Senior Manager Projecl Manager Projecl Qfficer Crechelyouth Worker Administration & Finance No employee received employee benefits of more than £60,000 during the year (2024: Nil)-

6. Trustee remuneralion and expenses No remuneration or other benefits of employment wilh the charity or a related entity were received by the trustees.

7. Tangible fixed assets Freehold propety Fixtures and fittings Total Cost At l Apr 2024 and 31 Mar 2025 295,416 17,346 312,762 Depreciation At 1 Apr 2U24 Charge for the year 16,504 282 16,504 282 At 31 Mar 2025 16,786 16,786 Carrying amount At 31 Mar 2025 295,416 560 295,976 At 31 Mar 2024 295,416 842 296,258
8. Debtors 2025 2024 Trade debtors 2,408 22,972 1,138 30.907 Prepayments and accrued income 25,380 32,045
9. Credltors: amounts falllng due wlthln one year 2025 2024 Trade creditors Accruals and deferr8d income Social security and other taxes Other creditors 14,741 6,234 3,041 1,803 20.705 2,966 9,829 1,483 25,819 34,983
10. Pensions and other post r•tirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation lo defined contribution plan5 was £ 9,580 (2024: £ 14,250).
11. Analysls of charltable funds Unrestricted funds At 31 Mar 2025 At 1 Apr 2024 Income Expenditure General funds 292,237 76,447 (43,838) 324,846 At 31 Mar 2024 Al 1 Apr 2023 Income Expenditure General funds 316,471 69,985 (94,219) 292,237

Restricted funds At 1 Apr 2Q24 Income Expenditure At 31 Mar 2025 Cardiff Council - Period Poverty Cardiff Third Sector CounGiI - Homework Club Cardiff Third Sector Council - Move More, Eat Well Children in Need Garfield Weston Foundation Glamorgan Voluntary Services Independent Age - Golden Years Plus Lloyds Bank Foundation National Grid - Community Matters Fund Paul Hamlyn Foundation Postcode Community Trust Rosa - Voices from the Frontline South Walcs Police- Tell Emma 2.000 (2.000) 2,500 9,935 20,000 7.710 20,347 (2,500) (9.935) 20,000 6.726 20,347 5,624 (6.608) 19,782 (19,782) (5,000) (38,775) (12,525) 5,000 51,700 12.925 12,525 500 {500) (1.000) Tennis Wales 1.000 The National Heritage Memorial Fund The National Lottery Community Fund - Awards For All The National Lottery Community Fund - Diverse Voices Tudor Trust Wales & West Utilities - Carbon Monoxide Vulnerability Welsh Gov8rnment Sports4AII Grant Welsh Govemment Sustsinable Social Services Third Sector Welsh Govemment National Windru5h Day 2024 Zurich Community Trust 30,719 30.000 57,127 (74,397) (30,000) 13,449 65,031 <65,031) 86,385 <86,385) 1.413 17,500 (1.413) (14,050) 12,Q91 15,541 110,741 348,148 (369,901) 88,988 At 1 Apr 2023 Income Expenditure At 31 Mar 2024 Cardiff Council Period Poverty Cardlff Thlrd Sector CouncS1- Homeworf( Club Cardiff Third Sector Council - Move More. Eat Well Children in Need 1,214 4,000 (5,2141 2,327 (2,3271 9,463 {9,4631 Garfield Weston Foundation Glamorgan Voluntary Services Independent Age - Golden Years Plus Lloyds Bank Foundation National Grid - Cornmunity Matlers Fund Paul Hamlyn Foundation Postcode Community Trust Rosa - Voices from the Frontline 8.300 (2,6761 5,624 19,782 25,000 10,000 {25,0001 {10,0001 (30.024) (12,475) 19,782 30.024 25,000 (7.000) 12.525 7,000

South Wales Police- Tell Emma Tennis Wales The National Heritsge Memorial Fund 6,787 {6,787)

The National Lottery Community Fund - Awards For All 577 (5771 The National Lottery Community Fund - Diverse Voices 60,491 40,000 (29,7721 (40,0001 30,719 30.000 Tudor Trust 30,000 Wales & West Utilities - Carbon Monoxide Vulnerability Welsh Government Sports4AII Grant Welsh Government Sustainable Social Services Third Sector Welsh Government National Windrush Day 2024 Zurich Community Trusl 31,695 90,000 (31 ,6951 {90,0001 86,385 {86,3851 11,941 19.250 (19.1001 12.091 102,865 409,371 (401,4951 110,741 Endowment funds At 31 Mar 2025 At 1 Apr 2024 Income Expenditure Permanent Endowment Fund 200.000 200,000 At 31 Mar 2024 At 1 Apr 2023 Income Expendlture Permsnent Endowment Fund 200,000 200,000 20. Analysis of net assets between funds Unrestricted Funds Restricted Funds Endowment Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less Ihan 1 year 95,976 254,690 {25,819) 200,000 295,976 343,678 (25,819) 88,988 Net aSS8ts 324,847 88,988 200,000 613,835 Unrestricted Funds Restricted Funds Endowrnent Funds Total Funds 2024 Tangible fixed assets Current assets 96,257 341,703 134,983) 200,000 296,257 452,444 (34,983) 110,741 Creditors less than 1 year Net assets 402,977 110,741 200,000 713,718 21. Analysis of changes in net debt At 31 Mar 2025 At 1 Apr 2024 Cash flows Cash at bank and in hand 309,658 8,640 318,298

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