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← Canolfan Cynghori Bro Ddyfi Advice Centre

2025-05-31-accounts

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Advice Mid Wales
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Cyngor Canolbarth Cymru

Annual Report for Financial Year Ending 31% of May 2025

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A few of our staff and volunteers!

© Canolfan Cynghori Bro Ddyfi Advice Centre (Operating as Advice Mid Wales) Registered Charity No. 1111040

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Contents:

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General Manager’s Report

| am pleased to present my annual report for the financial year ending 31st May 2025. These reports offer an important opportunity to reflect on our achievements and our challenges, and to put into practice what we have learned from both. Our commitment to maintaining a client-centred service continues to guide every aspect of our work as a proudly independent advice charity.

This independence remains a cornerstone of our values, and we are incredibly fortunate to still have the involvement of key individuals who were part of the driving force behind this movement more than twenty years ago. Their knowledge and understanding helps ensure that we stay current and relevant in times of change, and it fuels our shared determination to work together to challenge inequality and discrimination wherever we see it.

That passion has been particularly evident over the past year, as we have faced some of the most significant changes to the UK benefits system in decades. Whether fully implemented or still on the horizon, these changes have created real fear and uncertainty within the communities we serve. People with disabilities have been particularly affected by these changes, and I am incredibly proud of the support we have continued to provide, informed by empathy, lived-experience, and a deep understanding of the issues our client’s face.

This work has been strengthened by a growing team of younger volunteers through a WCVA-funded project, bringing many new faces into the office and many new friendships formed along the way. As manager, it has been especially rewarding to see people from different generations and diverse backgrounds find common ground, learn from one another, and work with a shared sense of purpose. Our commitment to diversity and equality is reflected throughout our practices. Together, our staff and volunteers enable us to communicate with clients in ten different languages, which is an incredible achievement for a small, rural charity.

Our volunteers remain at the heart of everything we do and how we operate as an organisation. | am continually inspired by their dedication, commitment, and generosity. This year alone, they contributed more than 3,000 hours of their time, demonstrating their profound commitment to improving the lives of others in their community.

As part of the WCVA project, we welcomed Stan Kollarik on-board in the role of coordinator. Stan brought keen enthusiasm and insight to this role, and | myself learned a lot from working closely with him throughout this process. Although Stan’s contract has now come to an end, | am delighted that he has maintained a close interest in the work of Advice Mid Wales, and even more delighted that he has expressed in interest in joining our Board of Trustees.

Our Board of Trustees also expanded this year as we welcomed Jarrow Trevelyan and Sara Humphreys to our management team. Each bring a valuable set of skills, experience and insight, further developing our commitment to sound and transparent governance.

Ona much sadder note, this has been our first year without the valuable input of our longest serving Trustee, Cllr Michael Williams. Such was his tenacity and strength of character however; his voice will continue to guide us for many years to come.

This year also saw us welcome an altogether more familiar face to our team of paid advisers, with previous volunteer Judy Van Dyk (now Judy Dorn) taking up the role of Trainee Debt Adviser. Judy has shown a tremendous amount of commitment to this role and her enthusiasm for learning and professional development is evident in the quality of her work. | am pleased to report that Judy is now well on the way to earning DRO accreditation, as well as specialising in disability benefits and tribunals.

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The organisational strengths highlighted above all point towards one key principle: our unwavering commitment to placing our clients at the centre of everything we do. | genuinely believe that this shared dedication to both client and community is what sets us apart from larger organisations, even during periods of significant growth such as we have experienced in recent years.

Our expansion has always had one clear purpose: to try and reach everyone who needs our help ina way that feels most accessible and supportive to them. Throughout this journey, our culture and identity as a volunteer-led, community organisation has kept us grounded. It reminds us daily of why we are here and ensures that our focus remains firmly on our core aims and the people who rely on us.

During the.twelve-month period covered by this report, we were able to offer advice and casework on 2,522 separate occasions, an increase of 21% on the previous year. This support was delivered through a wide range of channels, including face-to-face appointments in Machynlleth, Tywyn and Aberystwyth, home visits across Mid-Wales, video calls, telephone appointments, and remote delivery of advice via email and WhatsApp. We also took part in a number of community engagement events and delivered tailored public information sessions to meet the specific needs of our audiences.

Our positive recorded financial impact within the local economy was £868,965.00, underlining the vital role we play across the communities we serve. This figure will in-fact be much higher, as we are not always notified of the successful outcomes of the cases we have supported. Alongside this, we continue to contribute to the area as an expanding local employer, another important aspect of our growing impact.

The significant social value impact we make across the region should not be underestimated either. This is especially true with our home visiting service, and we remain the only general advice agency in the region to offer this vital lifeline and social connection for more isolated individuals and communities.

These successes are of course not entirely our own, and | would like to take this opportunity to thank our key network of partners and collaborators, which includes (but is not limited to!): CAMAD, The Machynlleth and District Care Centre, Bro Ddyfi Foodbank, Fuel Bank Foundation, Tywyn Library, The Taj Mahal Community Hwb, Advice UK and numerous Community Connectors.

Our continued close working relationship with Bro Ddyfi Foodbank in particular offers a vital life-line to those members of our community facing the greatest need, and we are eternally grateful to their dedicated team of volunteers for keeping the supply lines going!

As with any organisation facing an increase in demand, maintaining funding in-line with expenditure is a constant challenge. This is particularly true with the core-funding we need to maintain our central operations. This seemed especially hard to find this year. Thankfully, moving forward to the current financial year (2025/26), the funding horizon has shown some signs of improvement, and | look forward to reporting on an altogether more successful financial outlook year in next year’s annual report. This includes a new funding relationship with Lloyds Bank Foundation that we are very excited about.

As | conclude this year’s report, it is my sincerest hope that | have adequately expressed my gratitude and appreciation to our wonderful team here at AMW. It is their hard work, commitment and dedication, often in the face of adversity, that makes reflecting back on the previous year such a joy for me personally.

Michael Denton, General Manager.

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Chair’s Report

Our year began sadly with the loss of Councillor Michael Williams, a staunch supporter of our efforts from the very beginning as a branch of the CAB over 40 years ago. As a representative of both Powys County Council and Machynlleth Town Council, his contribution to our work was invaluable.

The year has seen considerable advances in our WCVA project in Aberystwyth, led by Stan Kollarik, which brings in a number of student volunteers whose youthful enthusiasm provides a very welcome breath of fresh air. This should not be taken to mean that we value our other staff, both volunteers and paid staff, any the less. They are very much the backbone of our efforts, for which we are eternally grateful. ~

The Board of Trustees has benefited from the election of two new trustees, Sarah Humphreys and Jarrow Trevelyan, whose spheres of experience greatly expand our spectrum of expertise.

As the statistics in Michael’s report will show, there is a very high level of demand for our services, partly due to the crisis in the cost of living, but also to decisions and changes in the benefits system. Another reason is the continuing expansion of our catchment area, particularly in Ceredigion. So far, though we are living in interesting times, our hard-working staff are keeping up with this demand.

Judy van Dyk, now Dorn, whose training as a debt advisor was funded by the National Lottery, has now qualified and is working as a paid member of staff dealing with debt and welfare benefits. She is well on the way to qualifying as a DRO intermediary. She now also acts as a member of our Tywyn Outreach team, adding greatly to its effectiveness.

Though the beginning of the year was somewhat uncertain as a number of streams of funding were coming to an end, our manager’s efforts into the next year have brought in a level of grants from various sources which will provide stability for the next few years.

We are particularly grateful to Gwynedd County Council for the level of funding they have provided, both to deal with the large number of our clients and to keep up the Outreach in Tywyn Library, where we greatly appreciate the help and welcome we receive from the staff.

W J McCann Chair

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Advice Mid Wales — Impact Statistics and Scope.
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Pens ect aes Gis tal cobowenE This graphic shows the location of our active cases at
soecuon then & A hota “Be present. Red pins show individual cases and the red and
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Welfare Rights: [Not Specified)
fe Communitycare This graphic illustrates the breakdown of our current
4 —— open and active cases by subject matter. While this
gesees tl . eel differs slightly from our annual averages—where debt
the total—it still
ape eS Family cases typically account for 28% of
: ee a ‘rane Services 8Pree | provides a useful snapshot of current trends.
Hate Crime
eer Yoe |___ Hearth & Communitycare Income maximisation is our largest area of work and
> a typically accounts for at least 50% of our annual
aan tae \ — Legal caseload. This is then followed by regulated debt advice
Pee \ ees:_ and housing advice as our busiest areas of work.
\ ~~ Utilities & Communications
"ee In the last twelve-months, our overall reported
outcomes for income maximisation are in excess of
Over the last twelve-months, we recorded 2,522 half-a-million pounds, the majority of which is for
instances of advice and casework. This represents an disability payments and entitlements.
increase in demand of 21% compared with the
previous year. This work was supported by over
3,000 hours of volunteer’s time.
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Positive Financial Impact

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Age bands of our clients
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In addition to our recorded financial outcomes, our work also offers wider benefits to the population of Midpartnership withWales. A key theaspect Bro Ddyfiof our Foodbank. work is ourInclose the last twelve-months we have distributed over 70% of the food crisisa support offered locally.

Gur etisis support also Ineludes pre-paid fuel vouchers and solid fuel deliveries in partnership with the Fuel Bank Foundation, as well as being accredited partners of the Discretionary Assistance Fund (DAF).

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60%
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17-24 25-34 35-49 50-64 65+
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Demand for our services is highest with people aged 65 and over. A significant driver for this demand is digital exclusion in rural communities and increasingly complex digital systems for older people to navigate.

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How our services may differ from other providers

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Governance

Our board of Trustees is made up of nine local representatives, each of whom bring a wealth of professional knowledge and lived experience. They include a Justice of the Peace, a Policy Researcher and Adviser within UK Government, a recipient of the Churchill Fellowship Award and a former Senior Project Manager within the European Commission. Both our Chair and Vice-Chair are fluent Welsh speakers.

Credentials

COMPANY REGISTRATION NUMBER: 05454713 CHARITY REGISTRATION NUMBER: 1111040

Canolfan Cynghori Bro Ddyfi Advice Centre (Operating as Advice Mid Wales) Company Limited by Guarantee Unaudited Financial Statements 31 May 2025

Canolfan Cynghori Bro Ddyfi Advice Centre The Machynlleth & District Care Centre Forge Road Machynlleth Powys SY20 8EQ

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Canolfan Cynghori Bro Ddyfi Advice Centre

Company Limited by Guarantee

Financial Statements

Year ended 31 May 2025

Canolfan Cynghori Bro Ddyfi Advice Centre

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 May 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 May 2025

Reference and administrative details

Registered charity name Canolfan Cynghori Bro Ddyfi Advice Centre Charity registration number 1111040 Company registration number 05454713 Principal office and registered The Care Centre office Forge Road Machynlleth Powys SY20 8EQ

The trustees

W J McCann - Chair HL V Quincey - Vice Chair C W Strack - Treasurer C Penfold - Elected Member K M Price - Elected Member J M Williams - Elected Member (Retired 26 July 2024) C Wacher - Elected Member J Trevelyan - Elected Member (Elected March 21% 2025) S Humphreys — Elected Member (Elected March 21 2025)

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Canolfan Cynghori Bro Ddyfi Advice Centre

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 May 2025

Independent examiner: Davina Hutchinson ACMA Garden Cottage Brynwern Hall Llanfihangel Brynpabaun Builth Wells . LD2 3SE

Structure, governance and management

Structure

Canolfan Cynghori Bro Ddyfi Advice Centre is a registered company limited by guarantee under number 5454713 on 17th May 2005 and obtained charitable status under number 1111040. Itis governed by a Memorandum & Articles of Association dated 1st April 2005.

Governance

The Charity believes that it is important to have the requisite range of skills and experience represented on the Board of Trustees and it is reflected in the current membership.

Management

The Board meet quarterly and at an Annual General Meeting. At each Board Meeting it is updated with the Charities activities, reviews governance, policies and procedures, makes decisions such as authorising funding proposals and discusses current progress and future needs.

Operations

The Charity’s daily operations are controlled by a General Manager appointed by the Board.

Risk management

The Trustees have a risk management policy involving an annual review of the major risks to which the Charity is exposed and approving systems and actions for managing and mitigating them. The Charity has always operated at a significant risk of failing to achieve adequate income to meet its commitments and pursue its objectives. None of its income sources are secure. The risk is continually monitored by the Trustees and Staff and internal controls on expenditure and commitment ensure proper use of resources. Insurance cover is in place where appropriate.

Financial control

The Board monitors all aspects of financial performance and management and sets budgets for what it aims to achieve as well as what it is able to achieve at any time.

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Canolfan Cynghori Bro Ddyfi Advice Centre

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 May 2025

Structure, governance and management (continued)

Staffing

AMW is currently staffed by two part-time paid specialist advisers, an administrative assistant, and ten core volunteers. Day to day responsibility for all staff whether paid or unpaid is delegated to the General Manager. The Trustees are aware of the ethos among staff that payment for a service is not a right nor a foregone conclusion, and that, the service thus provided, is not secure. The staff in their turn recognise that where they are able they will assist as necessary in raising the required funding to enable the Centre to continue. It is the intention and aim of both the Trustees and Staff to run the Charity on cooperative lines to ensure that clients can continue to receive a vital service.

Objectives and activities

The full name of the Charity is Canolfan Cynghori Bro Ddyfi Advice Centre and its aims are: To provide free, confidential, impartial and independent advice, information and support to anyone requesting it ~ regardless of any characteristic or attribute such as age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race (which includes colour, nationality, and ethnic or national origins), sex, sexual orientation, religion or other belief which may differentiate one person from another. Unless, that belief is in conflict with the over-riding principle of equality, and to challenge any instance of discrimination of which it becomes aware.

To ensure that individuals do not suffer as a result of their lack of knowledge of their rights and responsibilities or the services available to them or through an inability to express their needs effectively.

To seek to exercise a responsible influence on the development of social policies and services based on the experiences of our clients.

AMW seeks to achieve its aims by the provision of an advice centre at which advice may be sought and given as well as by providing outreach services and home or hospital visiting. The only limitations to the service are financial and physical resources, the skills and knowledge of the advisors and defined area of benefit as set out in the Charity’s governing document. The Charity continues to achieve its aims and demonstrate that, through its work it is not only individuals who benefit but the whole community as this work generates a very significant input to the local economy.

Volunteers

The work is supported by our core team of volunteer advisers, but funding is sought to continue and extend that work via specialist paid posts. The Charity recognises that it has an opportunity to provide training and development to members of the community who volunteer their services. This assists them to learn new skills, improve existing skills and improve self-confidence and self-esteem as well as to obtain work if they are unemployed and this, in turn further supports the community which the Charity serves.

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Canolfan Cynghori Bro Ddyfi Advice Centre

Trustees' Annual Report (Incorporating the Director's Report) (continued) Year ended 31 May 2025

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

The Trustees are of the opinion that a great deal of public benefit has been achieved as a result of the services provided by the Charity. This assertion is supported by the recorded number of measureable successes achieved, both in benefits to clients which have been secured and debts dealt with.

Financial review

The financial statements, including the notes, have been prepared in compliance with the Statement of Recognised Practice, “Accounting and Reporting by Charities.” The analysis of income and costs reflects the classification of activities, together with costs of administration.

Statement of trustee’s responsibilities

The Trustee’s (who are also directors of Canolfan Cynghori Bro Ddyfi Advice Centre for the purpose of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom generally accepted accounting practice.

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure ofthe charitable company for that period. In preparing these financial statements the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Canolfan Cynghori Bro Ddyfi Advice Centre

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 May 2025

The trustees' annual report and the strategic report were approved on 26 November 2025 and signed on behalf of the board of trustees by:

; av‘ - Wathev C Wacher - Trustee

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Canolfan Cynghori Bro Ddyfi Advice Centre Report of the Independent Examiner to the Trustees of Canolfan Cynghori Bro Ddyfi Advice Centre

| report to the Trustees on my examination of the accounts of Canolfan Cynghori Bro Ddyfi Advice Centre for the year ended 31st May 2025.

Responsibilities and basis of report

As the charity's trustees of Canolfan Cynghori Bro Ddyfi Advice Centre (and also its directors for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of Canolfan Cynghori Bro Ddyfi Advice Centre are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner’s Statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

Accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

The accounts do not accord with those records; or

The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a “true and fair view’ which is not a matter considered as part of an independent examination; or

The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date:

Davina Hutchinson ACMA

Garden Cottage Brynwern Hall Llanfihangel Brynpabuan Builth Wells LD2 3SE

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Canolfan Cynghori Bro Ddyfi Advice Centre

Statement of Financial Activities (incorporating an Income and Expenditure Account) for the Year Ended 31st May 2025

Notes 2025 2025 2025 2024
Restricted Unrestricted Total Total
Funds £ Funds £ £ £
INCOMING RESOURCES
Incoming resources from
generated funds:
Voluntary income:
Donations and grants 2 - 44,990 44,990 10,475
Activities forgenerating
funds:
Incoming resources from
charitable activities:
Grants 3 35,594 - 35,594 78,636
Other income - - - -
Total incoming resources 35,594 44,990 80,584 89,111
RESOURCES EXPENDED
Costs of generating voluntary
income: Fundraising 4 - 5,919 5,919 3,282
Charitable activities S) 76,852 28,905 105,757 79,850
Other material costs - - - -
Other expenditure - - - -
Total resources expended 76,852 34,824 111,676 83,132
Transfer of funds - - - -
Net movement in fund (41,258) 10,166 (31,092) 5,979
Funds brought forward 50,942 28,234 79,176 73,197
Fundscarriedforward 12 9,684 38,400 48,084 79,176

The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities.

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Canolfan Cynghori Bro Ddyfi Advice Centre Balance Sheet as at 31st May 2025

2025 2024
Notes £ £ £ £
Fixed Assets
Tangible assets - -
Current Assets
Debtors
‘		 7 - 1
Cash at bank and in hand 50,234 80,977
50,234 80,978
Creditors: amounts falling
due within one year 8 2,150 1,802
Net current assets 48,084 79,176
Total assets less current 48,084 79,176
liabilities
Creditors: amounts falling
due after more than one year - -
Net assets 48,084 79,176
Funds 10
Restricted funds 9,684 50,942
Unrestricted funds 38,400 28,234
48,084 79,176

For the year ending 31st May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies’ regime. These financial statements were approved by the Board of Trustees on and were signed on its behalf by: n wan\ \ h WW IN Ch Cy Print name: Trustee[signature:] fh tk CAloLyn 4. WORE |

Canolfan Cynghori Bro Ddyfi Advice Centre Notes to the Financial Statements for the Year Ended 31st May 2025

  1. Accounting policies a. Basis of preparation of accounts

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The financial statements are prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2014) and applicable accounting standards.

b. Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Any fund which, upon full performance, would require the retrieval by the authority concerned of any surplus is considered to be restricted for the purposes of identification within the accounts. Other funds, while they may have to be applied for a particular purpose, are considered to be designated and are therefore treated as unrestricted within the meaning of the regulations. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. c. Incoming resources All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. This includes donations and grant income received during the year. Donations, legacies and similar incoming resources show resources of a voluntary nature and include grants which provide core funding or are of a general nature. Incoming resources from activities in the furtherance of the charity's objects include grants which carry a service requirement.

d. Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

e. Tangible fixed assets and depreciation Depreciation is provided at rates calculated to write off the cost over their expected useful economic lives as follows: no fixed assets are held by the charity. f. Operating leases Costs in respect of operating leases are charged to the statement of financial activities on a straight line basis over the term of the lease. g. Taxation The charity is exempt from corporation tax on its charitable activities.

Canolfan Cynghori Bro Ddyfi Advice Centre Notes to the Financial Statements for the Year Ended 31st May 2025

2. Voluntary Income: Donations and grants

Restricted Unrestricted Total 2025 Total 2024
£ £ £ £
Grants - - - 10,475
Robert Hunt
~		 - 5,000 5,000 -
Garfield Weston - 15,000 15,000 -
Powys County Council - 2,869 2,869 -
Gwynydd County Council - 14,000 14,000 -
Communities Foundation - 5,000 5,000 -
Friends ofAdvice - 1,616 1,616 -
Donations - 1,505 1,505 -
- 44,990 44,990 10,475
2024 - 10,475
3.
Charitable activities: Grants
Restricted Unrestricted Total 2025 Total 2024
£ £ £ £
National Lottery 15,039 - 15,039 37,220
Allan Lane Foundation - - - 2,000
Gwynedd County Council - - - 6,048
CAVO 2,785 - 2,785 8,453
Communities Foundation 4,914 - 4,914 4,914
MoonDance - - - 9,483
WCVA 12,856 - 12,856 10,518
35,594 - 35,594 78,636
2024 78,636 -
4.Surplusfortheyear

The surplus of income over expenditure is stated after charging:

Independent examiner’s fees

2025 2024 Total Total £ £ 350 1,800

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Canolfan Cynghori Bro Ddyfi Advice Centre Notes to the Financial Statements for the Year Ended 31st May 2025

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5. Fundraising costs

5. Fundraising costs
Restricted Unrestricted Total 2025 Total 2024
£ £ £ £
Wages & salaries - 5,126 5,126 2,762
Pension costs - 239 239 83
Rent - 219 219 216
Rates & water - 3 3 6
Light & heat - 41 41 29
Telephone - 148 148 95
Other office costs - 143 143 91
- 5,919 5,919 3,282
2024 2,261 1,021

5. Expenditure on charitable activities

Restricted Unrestricted Total 2025 Total 2024
£ £ £ £
Salaries & wages 58,447 20,816 79,263 52,785
Pension costs 1,315 485 1,800 1,558
Insurance - 2,107 2,107 701
Legal & professional - 350 350 1,797
Office & travel 17,090 5,147 22,237 24,412
76,852 28,905 105,757 79,850
2024 31,583 48,267

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Canolfan Cynghori Bro Ddyfi Advice Centre

Notes to the Financial Statements for the Year Ended 31st May 2025

6.
Staff costs		 2025 2024
£ z
Wages and salaries 84,389 55,547
Employer pension contributions 2,039 1,641
86,428 57,188

The total staff costs and employee benefits for the reporting period are as analysed above. No employee received employee benefits of more than £60,000 during the year (2024: nil)

The average head count of employees during the year was 5 (2024: 3).

7. Debtors

7.
Debtors
2025 2024
£ £
Trade debtors - 1
8. Creditors: amounts falling due within one year
2025 2024
£ E
Other creditors - 2
Accruals 2,150 1,800
2,150 1,802

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Canolfan Cynghori Bro Ddyfi Advice Centre Notes to the Financial Statements for the Year Ended 31st May 2025

9. Analysis of fund balances between net assets

||Restricted|| Unrestricted|| |---|---|---|---| ||Funds|Funds|Total| ||a|Ez|£| |Tangible fixed assets|-|-|-| |Net current assets|9,684|38,400|48,084| ||9,684|38,400|48,084| |Prioryear|Restricted|Unrestricted|| ||Funds|Funds|Total| ||2|£|£| |Tangible fixed assets|-|-|-| |Net current assets|50,942|28 234|79,176| |Long term creditors|-|-|-| ||50,942|28,234|79,176|

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Canolfan Cynghori Bro Ddyfi Advice Centre Notes to the Financial Statements for the Year Ended 31st May 2025

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10.
Statement of funds
AtistJune =‘Incoming Outgoing Transfers At 31st
2024 £ £ £ May 2025
Restricted funds
Waterloo Foundation 3,025 - (3,025) - -
Arnold Clark 324 - (324) - -
National Lottery . 18,566 15,039 (33,605) - =
The Prince ofWales 2,504 - - - 2,504
Allan Lane Foundation 6,000 - - - 6,000
CAVO 2,229 2,785 (5,014) - =
Communities Foundation 1,415 4,914 (4,849) - 1,180
MoonDance 9,483 - (9,483) - -
WCVA 7,696 12,856 (20,552) - -
Total restricted funds 50,942 35,594 (76,852) - 9,684
Unrestricted funds
General funds 28,234 44,990 (34,824) - 38,400
Total unrestricted funds 28,234 44,990 (34,824) - 38,400
Totalfunds 79,176 80,584 (111,676) - 48,084

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Canolfan Cynghori Bro Ddyfi Advice Centre Notes to the Financial Statements for the Year Ended 31st May 2025

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||||||||| |---|---|---|---|---|---|---|---| |Prior year|At|1% June|Incoming|Outgoing|Transfers|At|31st| |2023|£|£|£|May|2024| |Restricted|funds| |Waterloo|Foundation|7,500|-|(4,475)|-|3,025| |Arnold|Clark|324|-|-|-|324| |National|Lottery|3,577|37,220|(22,231)|-|18,566| |The|Prince|of Wales|2,504|-|-|-|2,504| |Allen Lane|Foundation|4,000|2,000|-|-|6,000| |Gwynydd|County|Council|3,689|6,048|(9,737)|-|-| |CAVO|-|8,453|(6,224)|-|2,229| |Communities|Foundation|-|4,914|(3,799)|-|1,115| |MoonDance|-|9,483|-|-|9,483| |WCVA|-|10,518|(2,822)|-|7,696| |Total restricted funds|21,594|78,636|(49,288)|-|50,942| |Unrestricted|funds| |General|funds|51,603|10,475|(33,844)|-|28,234| |Total unrestricted|funds|51,603|10,475|(33,844)|-|28, 234| |Total funds|73,197|89,111|(83, 132)|-|79,176|

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11. Share capital

The company is limited by guarantee and therefore has no share capital.

12. Related party transactions

There were no related party transactions during the year.

13. Trustees’ expenses

A total of £1,629 was reimbursed to trustees during the year.

14. Conflicts of interest

There were no conflicts of interest.