COMPANY REGISTRATION NUMBER: 5664708 CHARITY REGISTrATION NUMBER: 1113303 Duffryn Community Link Company Limited by Guarantee Financial Statements 31 March 2025 WALTER HUNTER & CO LIMITED Chartered accountants & statutory auditor 24 Bridge Street Newport South Wales NP20 4SF
Duffryn Community Llnk Company Llmited by Guarantee Financlal Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the directorfs report) Independent auditovs report to the members Statement of financial activities (including income and expenditure account) 14 Statement of financial position 15 Stalement of cash flows 16 Notes to Ihe financial statements 17
Duffryn Communlty Llnk Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2025 The truslees, who are also the directors for the purposes of company law. presenl their report and the financial statements of the charty for the year ended 31 March 2025. Reference and adrninistrative detalls Reglstered charity name Duffryn Community Ltnk Charity re9iStTation number 1113303 Company registration numb¢r 5664708 Prlncipal office and reglslered Unit 6 office Duffryn Shopping Centre Duffryn Newport South Wales NP10 8TE The trustees EWBerry L Allcoat B Timmins G Timmins l M Tvcker T Watkins R Howells R Heley (Resigned 15 January 2025) (Resigned 24 September 2025) (Appointed 12 March 20251 {Res*Jned 25 September 2025) Auditor ZOE GOODWN Bsc FCA Wafter Hunter & Co Limited Chartered accountants & stattrtory auditor 24 Bridge Street Newport South Wales NP20 4SF
Duffryn Community Link Company Limited by Guarantee Trustses, Annual Report (Incorporating the Directorfs Report) {eonllnu•dJ Year ended 31 March 2025 Structure, governance and rnariagement The charity is controlled by its governing document, Memorandum and Artides of Association, and constitutes a company lirnited by guarantee. as defined by the Companies act 2006. The DCL Board of TrusleeslDirectors currentty stsnds at a total of 7 people, which has supported an environment of improved governan through(yJt the organisalion. DCL is looking to further strengthen the current Board. The powers of the Truslees are lad out in the Memorandum and Articles of Association. A quorum for decision making is when at least one third of the members of the Management Committee are present at the meeting. Decisions are determined by the majority of votes and the Chairperson will have the casting vote when required. At the Annual General Meeting (AGM) of the charity. the Members shall elect the Management Cc¥nmittee. The Committee shall consist of no less than 5 Tru5tee5 and no more than 15 Trustees. Trustees shall remain in office for 3 years with one third resigning at each AGM. Induction and training of new trustees The charity has a comprehensNe Inducti training programe. Folkming the initial induction a range of training opportunities are provided with particular regard to svieTnance.
Duffryn Communlty Link Company Limlted by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) f¢ontinue4 Year ended 31 March 2025 Objectlves and activities Purposes and Aims To improve the qualty of lrfe for the residents of Duffryn arrtl the surrourKling aa by providing an umbrella body ft)r communty groups in the area to.. Assist communty groups to meet their obJ"ectives: Secure funding on behalf of community groups. Work with other cornmunity groups. the local authorily and tocal businesses to promote community pathpation and develop partnerships. To support and develop existing groups and implement new ideas and project. Provide a programme of traniThJ for comunty organi5ers and volunteers. Promote joint working and Cowordinate comrnunty activity: Produce an annual diary of events to SUre that group activitses. existing projects and fundraising are co-ordinated to a high slandard. Organise regular joint events wth partners. Provide opportunities for infonnation exchange, includir¥J the ci>ordinalion of funding bids. Provide a single point of contact for agencies wanting to wNk with the communty. Provide a forum for confficl resolution belween groups. Develop a joint estate action plan Undertake joinl planning to define and prioritise the needs of the Duffryn and surrounding area. Work with partners to audit community provision and identify ways to improve services. Express the needs of the relevant agencies and ensure that any changes and improvements are dealt wilh accordingly. Develop c¢Jmmunity solutiS through joint solutions through joint worf(ing partnerships. Public Benefrt We have referred to the guidance conlained in the Charity CorrThissioners general guidan on public nefil when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities 114FII contribute to the ains and obj'ectives they have set. The Trustees of Duffryn Community Link wish to confimi that they have regard concerning the public benefit in the running of the organtsalion. The main adivities undertaken to further the chanty's purpose for the public benefft are detailed throughout this report.
Duffryn Communlty Llnk Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (cortlnued) Year ended 31 March 2025 Fundrdlslng Activltles The charity relies on grant aid fr¢Jm donors identifd in the ounts whose support 1$ valuèd, as well as social enterprise within aspects of the or9anisation. DCL has been successful in gaining fvnding and sccial enterprise for various aspects throughout the organisation and are extremety thankful for all funding Opportunities. DCL has been successfvl in gatning funding from: 1910. Used for emergency hygiene provisK•n for youlh arrfl the youth hub Newport Cty Council- Supportin9 our chiklcare provision to obtain equipment for Pili Pala Newport Cty Council- Sustaining g(KMI quality fcNJd to support our food bank provision. Henry Smith. Flex funding to support core fvnding Moondance- To support our communty hub and workshops. NCC. Providing our communily through our youth and Play teams a Summer of Fun Shared prosperity Fund - UK govemment through NCC to support our Playwork provision. Waterloo Foundation To help and support our Young people
Duffryn Community Llnk Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Directorfs Report) {coniinu•dJ Year ended 3q March 2025 Operntlons and performance Fa¢iliti•s and Finance The relccation to Unit 6 at Duffryn Shopping Centre has resulted in a significant increase in overhead costs, with expenses more than d¢Jubling. This financial pressure presents a substantial challenge for the sustainable delNery of future seryices. Woodland Routes to Wellbeing This project entered Èts final year during the reporting per. Volunteers have made considerable irnprovements to accessibilty and biodiversty within the woodlarHJ afea. As a legacy of the project, the volunteers have fomially established themselves as Friends of Rabbil Hill, a constituted group that continues to grow. They are activety engaged in woodland management and regularly facilitate a wde range of communty engagement aclivities. Play Team Follong the conclusion of WocK118nd Routes to WellbeiTng, the Play Team has continued to deliver weekly open-access sessions, including a parent and toddler group. The team advocates for outdoor. adventurous. and independent play. A notable achievement during this period was hosting National Play Day in partnership with the Nati(al Trusc whth attracted over 600 partiC4pants. Community Support Communty SUPPOrt services have continued to expand" h(yNever. their long-temi viabilily remain5 uncertain due to fluctuating funding sources. During this period, a Warm Hub was established to provide a safe. welcoming space for resKlents during colder months. offering warmth, refreshments, and Sla1 connection. In addition. the development of a Community Hub has created a centralised. accessible space for servlces. support. and events that foster engagement and connection across the neighbourhocll. Efforts have also been made to ensure inclusive communty representalion through the fonnation.of a Community Forum. This forum brings together residents from dNerse backgrounds and age groups, ensuring Ihal Ihe community's voice is heard and considered in decision-making pr¢xesses. It plays a key role in shaping local initiatives and influencing SerVe delivery lo better rellect the needs of the entire community
Duffryn Communlty Link Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Directorfs Report) fcontlnuedj Year ended 31 March 2025 Foodbank In collaboration wilh Fashare and Jesus Cafes, the foodbank currently supports approximalely 50 members each week. Supplernentsry fundin9 enabled the provision of fresh meat during the first six nnthS of the year. Emergency food parcels and volunteer contributions remain vital. However, due to a signrficant redudion in funding, fresh meat distributions have been suspended in the past two quarters. In response, a major fvndraising appeal has been launched. tai9eting local businesses and Cofnmurbty members for suppo W?Ilbeing Prograrnmes Duffryn Community Link IDCL) oflers a broad spectrum of welkneing services. including." Children's Counselling Adult Wellbeing Group Amichair Yoga Memory Matters- A deentIa-frteTrdty support group Parent & Toddler GrDUP Duffryn Ducklings. a parent4ed volunteer group. has exPerieed considerable growth and continues to thrive under community leadership. Childcare Provision Signrficanl advancements have been made in childcare provisw)n Ihi5 year. including the introduction of educational programming. Parent engagement events and feedback surveys have yielded highly positNe response5. reflecting slrong cLYnmunty endorsement aFMJ satisfaction. Youth Provislon Youth seNices have expanded signfficantty. engaging young people aged 16 through a range of activities including youth club5. outreach Wofk. school-based inlervenlions. and holiday programmes. DCL collaborales closely with SchIs. Gwent Poli. Newport Cty Council. and other stakeholders to enhance youth engagement and support.
Duffryn Communlty Llnk Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Iconlinuedj Year ended 31 March 2025 Flnancial review The statement of financial activitses show5 an overall net deficil lof the year of £103.488 consisting of an unrestricted defKit after transfers of £73.123 and a restricted defi1 of £30,365. ReseNes Pollcy The Board of Trustees has established a reserves target of £250.CIOO in unrestricted general funds to ensure financial stability and continuty of opeiations. In light of a reduction in grant funding and the evolving operational needs of the organisation. this target has been reviewed and revised to £150,000. This adjustrnent refiects the current financial dimate while maintsining a prudent approach to risk and resilience, Fulure Plans The past year has presented considerable financial challenges, mar*ed by a significant decrease in successful grant applications. Over the past years, DCL submitted funding applications totalling over £1.63 million and secured only £270.000. reflecting a success rate of 16.69°h. a notable decline frorn the historical average of 28fr29Y.. In response. DCL has developed a strategic approach to futu planning. iluding the fOlh)vng key priorities.. Childcare Provision: The existing 2&year lease for the current childcare facility is set to expire in 2028. DCL is proactively exploring alternative premises while maintaining positive and ongoing discussions with Tredegar Park Primary School regarding future opportunities. Duffryn Community Hwb.. Plans are underway to establish The Duffryn Community Hwb. a dedicated hub and café designed to become a ntral Icli0n for community service5. activities, and engagement. Strategic Plannlng: A comprehensive fNe•year business plan has been produced, outlining service delivery objectives. financial sustainability measures, and development targeis. Diversified Income Slrategy: Mfftile the charty Ivill continue lo pursue grant funding, increased emphasis will be placed on the devek)pment of social enterprise initialwes and self- sustaining projects lo reduce dependency on extemal funding sources While Duffryn Community Link faces ongoing financial challenges, we remain committed lo transparency, innovation. and community service. Imth a renewed Strateg focus on sustainabilty. workforce development. and atternative funding, we are determined lo navigate this period of uncertainty and continue delivering impactful seNices to those who need them most.
Duffryn Community Link Company Llmited by Guarantee Trustees, Annual Report (Incorporatlng the Directorfs Report) {eontinu Year ended 31 March 2025 Trust¢ès' responsibilities statement The trustees, who are also director5 for the purposes of company law. are responsible for preparing the trustees, report and the financial statements in accordance wrth applicab]e law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity truslees to prepare finarKial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, induding the incryne and eXpeJitUre. for that period. In preparing these financial statements, the trustees We required to: select suttable accounting pdicres and then apply them conslendy. observe the methods and principles in the ¥Jplicable Charities SORP: make judgmenls and accounting estimate5 that are reasonable and prudent,. slate whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements" prepare the financial statements on Ihe going concern basis unless it is inappropriate to presume that the charity will continue in bu51ness. The trustees are responsible for keeping adequate accounting records Ihat a sufficient to show and explain the charily's transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial statemenls comply with the Companies Act 20(. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and deteCn of Iraud and other irregularities. Auditor Each of the persons who is a trustee at the date of approval of this report confimis that.. so far as they are aware. there is no relevant audit informalion of vthich the charivs auditor is unaware: and they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audrt information and to establÈsh that the charity's auditor is aware of that information. The trustees. annual report and the strategic report were approved on 22 December 2025. and signed on behalf of the board of trustees by: JA ljd T Watkins Tnjstee
Duffryn Community Link Company Limited by Guarantee Independent Auditorfs Report to the Members of Dufftyn Communlty Link Year ended 31 March 2025 Oplnion We have audbted the financial statements of Duffryn Communty Link (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities {including income and expenditure account), statement of financial position. statement of cash aTKI the relaled notes, including summary of signfficant accounting pdicies. The financial reporting framework that has been applied in their preparation is applicable law and Uniled Kingdom Accounting Standards. including FRS 102 The Financial. Reporting Standard applicable in the UK and Republ of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statemenls: give a true and fair wew of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources. including its income and expenditure, for the year then have been properly prepared in accordance with UnÈled Kingdom Generalty Accepted Accounting Practice; have been prepared in accdanCe with the requirements of the Conyanies Act 2006. Basls for opinion We conducted our audit in accordance with Intemational Stsndards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibililres for the audit of the financial statements section of our port- We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S EthKal Standard, and we have fvlfilled our other ethical responsibilities in accordan with these requirements. We believe that the audit evidence we have obtained is Sufficient and appropriate to provide a ba5¥5 for our opinion. Conclusions relatlng to going concem In auditing the financial stslements. we have concluded thal the trustees, use ofthe going concern basis of accounting in the preparation of the financial slaternents is appropriae. Based on the work we have perfomied, we have not identified any m*erial uncert8inties relating to events or conditions that. individually or colledively. may cast swJnifwil doubt on the charity's ability to continve as a going concern for a period of at least hvefve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the trustees wtth respecl to going concem are described in the relevant sectKJns of this reporL
Duffryn Community Link Company Limited by Guarantee Independent Auditorfs Report to the Members of Duffryn Community Link (eontlnued) Year ended 31 March 2025 Cxher Infomiation The other Infomialn comprises the infonnation included in Ihe annual report, other than the financial statements and our audrtorfs rewt thereon. The trustees are reswnsible for the other information. Our opinion on the financrdl statements does not cover the other infomiation and, except to Ihe extent othemise explicitly stated in our report. we do not express any fom of assurance conclusion thereon. In cnection with our audit ofthe financial statements, our responsibilty is to read the other inforrnation and, in doing so, consider whether the other information is materially inconststent with the financial statements or our knowledge obtsined in the audit or otherwise appears to be materially mi55tated. If we identify such material inconsistencies or apparenl material mi55tatements, we are required to deleTrnine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If. based on the work we have perfomied. we conclude that there is a material misststement of this other information. we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit. Ihe infonnation given in the tFuslees' report for the financial yearforwhich the financial statements are prepared is consistent with the financial statements- and the trustees. report has been prepared in accOrdare with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and underslanding of the chartty and its environment obtained in the course of the audit. we have not identified material misstalements in the Irustees. report. We have nothing lo report in respect of the follcming matters in relatb)n to which the Companies Act 2006 requires us to report to you rf. sn our opinion: adequate accounting records have not been kept, or returns adequale for our audit have not been received from branches not vissted by us.. or Ihe financial statements are not in agreement with the accounb.ng records and retums,. or certain disclosures of trustees, remuneration specrfied by law affe not made" or we have not reeeived all the infomalton and explanations we require for our aLKlit. Responslbllltles of Irustees As explained more fully in the trustees, responsibilities ststemenl, the tru51ees {who are also the directors for the PUTposes of company law) are responsible forthe preparation of the finanual staternents and for being satisfied that they give a Irue and fair view, and for such internal control as the trustees detemine is necessary to enable the preparation of financtal Statem1$ that are free from material misstalement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charty's abilty to continue as a going concern, disclosing. as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charty or to cease operations, or have no realistic alternative but to do s io
Duffryn Community Llnk Company Llmlted by Guarantee Independent Audito¢s Report to the Members of Duffiyn Community Link (nItoU¢d} Year ended 31 March 2025 Audftorfs responslbllltles for Ihe audit Of the financial statements Our objeclives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an audrtorfs report that includes our opini¢. Reasonable assurance 15 a hKJh level of assurance. but 15 not a guarantee that an audit conducted in accordan with ISAS (UK) will akvays detect a material misststementwhen it exists. Misstatements can arise from fraud or error and are considered material rf, individually or in the aggregate. Ihey could reasonabty be expeded lo influence the economic decisions of users taken on the basis of these financial stalements. Irre9ularities. induding fraud. are instance5 of non-compltance wilh laws and re9ulations. We design procedures in line with our responsibilities, outlined above, to detect material misstalements in respect of irregularities. including fraud. The extent to which our procedure5 are capable of detecting irregularities. including fraud is detailed below= By enquiring with senior management and those charged with g0veMan all area of risk identified were considered and any potential Sitigation or claim. if any. were noted Ensuring by enquiry thatU]erewere no issues of non<omOance with I5 and regulations relating to lax and compliance By obtaining an understanding of the CoMpanS policies and proce(lures on compliance with laws and regulations, and with best accounting pradice Noting issues discussed with Directoffs and the Senior Management Team as this relates to risks f¥ed by the company Reviewing information receNed from the company's SO1ltOrs. if any and discussing their contenls with the Diredors Reviewing disc105ures in the financial statements and testin9 to supporting documentation to assess compliance with applicable laws and regulalions Auditing the risk of management overrides of controis mcding testiThJ jouinal entries and other adjuslmenls for appropriateness and evaluating the business rationale of significant transactions outside the normal course of business Through these procedures, we did not become aware cl actual or suspected nonvcomplianr*.
Duffryn Community Llnk Company Limited by Guarantee Independent Auditorfs Report to the Members of Duffryn Community Link (continue Year ended 31 March 2025 As part of an audii in accordance with ISAS {UK). VR exercise professional judgment and maintain professional %epiicism Ihroughout the audit. We also: Identify and assess the risks of material misstatement of the fmancial statements. whether due to fraud or error. design and perfom audit procedures responslve to those risks. and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecling a material misstatement resulting from fraud is higher than for one resulting from error. as fraud may invdve collusion. forgery. intentional offlissbons. misrepresentations. or the override of internal control. Oblain an understanding of intemal conlrol relevant to the audit in order to design audit procedures that are appropriate in the circumstsnces, but not for the purpose of expressing an opinion on the effectiveness of the intemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the tNstees. Conclude on the approprialeness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained. whether a malerial uncertainty exists lated to events or condilions thal may cast significant doubt on the charity's abilty to continue as a going concem. If we conclutle that a material uncertainty exists, we are required to draw attention in our auditorfs report to the related disclosures in the financial ststements or, if such disck)sures are inadequate, to modrfy our opinion. Our conclusiS are based on the audit evidence obtained up to the date of our auditorfs report. However. future events or condttions may cause the charity to cease to conlinue as a going concern. Evaluale the overall presentation. structure and conlent of the financial statements, including the disclosures. and whether thefinancial statements representthe undetying transaclK*ns and events in a manner that achieve5 fair presentaticm. 12
Duffryn Community Link Company Limited by Guarantee Independent Auditorfs Report to the Members of Duffryn Community Link (conlinu¢dJ Year ended 31 March 2025 We communicate with those charged with governance regarding. among other matters, the planned scope and timing of the audit and significant audtt finding5. including any signiftant deficiencies in intemal control thatwe identify during OUF audit Use of our report This report is made solely to the Charity's members. as a body. in accordance with Chapter 3 of Part 16 of ihe Companies Act 2006. Our audit work has been undertaken so that we might state to the Charity's members those matters we are required to stste to them in an auditorfs rewrt and for no other purpose. To Ihe fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body. for our audii worK for this report. or for the opinion5 we have formed. ZOE GOODWiN Bsc FCA (Senior Statutory Auditor) For and on behalf of Waller Hunter & Co Limited Chartered accountants & statutory auditor 24 Bridge Street Newport South Wales NP20 4SF 22 December2025 13
Duffryn Community Link Company Llmlted by Guarantee Statement of Financial Activitles (Including income and expenditure account) Year ended 31 March 2025 2025 Restricted funds Totsl funds Total funds 2024 Unrestricted funds Income and endowments Donations and legacies Charitsble activities Other tradin9 adivities Investment income 2.010 7,655 108.538 2.850 2,010 336.840 108,538 2,850 450,238 2,510 447,083 120,229 2,435 572,257 329.185 Total income 121.053 329.185 Expenditure Expenditure on raising lunds= Costs of other trading activities Expenditure on charitable actNlties Total expenditure 91.467 92.920 184.387 91,467 462,259 113,713 500,198 10.11 369,339 369,339 553,726 613,911 Net expendilure (63.334) (40,154) (103.488) (41,654) Transfers belween funds (9,789) (73,123) 9.789 (30.365) (103.488) Net movement in funds {41.654) Reconciliation of funds Tolal funds brought fOard Total funds carried foThvard 191.397 118,274 39.567 230.964 272,618 9.202 127.476 230,964 The statement of financial activilies includes all gains and losses recognssed in the year. All income and expendrture derive from conlinuing aclNtties. The not•s on pages 17 to 36 form part of these financial statèments. 14
Duffryn Community Link Company Limited by Guarantee Statement of Financlal Position 31 March 2025 2025 2024 No Flxed assets Tangible fixed assets 3,083 6.326 Current assets Debtors Cash at bank and in hand 19 10.950 214.373 8,850 302.951 311,801 225,323 Creditors: amounts falling due within one year Not current assets 100,930 124.393 87,163 224.638 Total assets less current liabilities 127,476 127,476 230,964 Net assets 230,964 Funds of the charity Restricted funds Unreslricled funds 9,202 118.274 39.567 191,397 230.$64 Total charity funds 127,476 These financial statements We approved by the board of twstees and authortsed for issue on 22 December 2025, and are signed on behalfof the board by: JJ T Walkins Trustee The noteg on pages 17 to 36 forn) part of these finan¢lal statements. 15
Duffryn Communlty Llnk Company Llmited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flows from operaljng aclivltles Net expenditure (103.488) (41.654) Adjustments for Depreciation of tangible fjxed assets Other interest receivable and similar inci)me Interest payable and similar charges Accrued income 6,179 (2.850) 283 (2,474) 16,669 {2,435) 415 {2,440) Changes in." Trade and other debtors Trade and olhef creditors (2,100) 16.241 (88.209) 32.748 9.240 12,543 Cash generated from operatiM5 Interest paid Interest reNed (283) 2,850 (85.642) (415) 2.435 Nel cash (used inyfrom operatirbg activities 14.563 Cash flows from Investlng activitles Purchase of tangible assets Net cash used in investing adiwties (2.936) (2.936) {1.9501 (1,950) Net Idecrease)fincrease in cash and cash equivalents Cash and cash equivalenls at beglnning of year Cash and cash equivalents at end of year (88,578) 302,951 214.373 12,613 290,338 302,951 The notes on pages 17 to 36 fom) part of these financlal statements. 16
Duffryn Communlty Llnk Company Limlted by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General infomiation The charity is a public benefit entty and a private Company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Unit 6. Duffryn Shopping Centre. Duffryn. Newport. South Wales, NP10 8TE. Z Statennt of compllancè These financial statements have been prepared in ¢cfflpliance with FRS 102. 'The Financlal Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applrcable to charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP {FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. The financial statements are wepared in sterling. which is the functional currency of the entity rounded lo the nearest poun(l. Going concem Followng the relocation frLYn the Fest Famity Centre, Duffryn Community Link {DCL) has experienced continued financial pressures, primariiy due to a Signifnt increase in overheads. more than double our previous costs. However. we are pleased to report that we have reached an agreement with the local prtmary scJy)ol and local authority regarding the lease for the Forest Cenlre, which has proven satisfactory for all parties involved. Securing grant funding. especially core fundin9 remains exceptionally difficult. reflecting broader challenges faced by third sector organisations. Whiie one might expect that downsizing would relieve financial pressure. our expe¥ience has shown the opposite due to increased operation31 inefficiencies and resource constraints. INhile Duffryn Community Link faces ongoing financial challenges. TNe remain committed to transparency, innovation, and community sermce. Wrth a renewed strategic focus on sustainability, workforce developrnenl, and ajternalive funding. we are determined io navigate this period of uncertainty and continue delrvering impactlul services to those who need thern mosL 17
Duffryn Community Link Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 Accounting policies (conthuedj Judgements and kty sources of estlmation uncertalnty The preparation of Ihe financial statements requires management to make judgements. estimates and assutrplions that affed the amounls reportgj. These estimates and judgements are Continual reviewed and are based on experience and other factors. including expectations of future events that are believed to be [eaSable under the Circumstances Income tax As a registered charity. the charty 15 exempt from income tax to the extent that its incorne and gains are applicable to charitable purposes only. Value aded tsx is not recoverable by the charity and is therefore included in the releVl costs in the Statement of Financial AclNrties. Fund accounting Unrestricted fvnds are available for use at the discretp)n of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees kir particular future project or commilmenL Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the tenns of an appeal and fall into one of sub<iasses" restricted income funds or endowment funds. Incomlng resources All incoming resources are induded in the statement of financial aclNities when entitlernent has passed to the charity., it is probable that Ihe economtc benefits associated with the transaction will ow to the charity and the amount can be reliably measured. The followng specific policies are applied to particular categories of incc*ne: incorne frorn donations or grants is recognised when there is evidence of entitlement to the grft, receipt 15 probable and ils amount can be measured reliabty. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured al the far value of the goods unless Ihis is impradical 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 TeceNed rf the value can be reliabty measured. No amounts are included for the conlribulion of general vdunteers. income from contracts for the suppty of services is rKcgnised with the delNery of the contracted sep4ice. This is dasssfied as unrestricted funds unless there is a ¢onlraclual requirement for it to be spent on a partular purrM)se and retumed rf unspent, in which Gase it may be regarded as restricted. 18
Duffryn Community Link Company Llmited by Guarantee Notes to the Financial Statements (conllnuedj Year ended 31 March 2025 Accounting pollcies (eonthu•dJ Resources pxpendod Expenditure is recognised on an accrvals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the statement offinancial activities to whth it relates.. expenditure on rai5irNJ funds includes the costs of all lundraÉsing activities, events. non charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes al costs incurred by a charity in undertakir activities that further its charitable atms for the benefrt of ils beneficiaries, including those support costs and costs relating to the governance of the chty apportioned to charitable activities. other expenditure includes all expenditure that is neilher related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure cale9ories reflecting the vse of the resource. Direct cost5 attributable to a single activty are allocated directly to that activity. Shared costs are apportioned betsveen the actbvities they contribute to on a reasonab. justifiable and consistent basis. Operating leases Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefrt of lease incentives is reccgni5ed as a reduction to expense over the lease term, on a straight-line basis. Tangible ass•ts Tangible assets are initialty recorded at cost and subsequently slated at cost less any accumulated depreciation and impaimient losses. Any tangible assets carried at revalued OUnt5 are recorded al the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciatlon Depreciation is cakulated so as to write off Ihe cost or Valuati of an asseL less its residual value. over the useful economic lrfe of that asset as follows= Equipment Improvements to property 250A p.a. Straight Line basis Overthe lrfe oflhe grant 19
Duffryn Community Link Company Llmlted by Guarantee Notes to the Flnancial Statements (Wrf*d) Year ended 31 March 2025 Accounllng pollcles (¢ontthyed) Impalmiant of flxed assets A review for indicators of impaimient is carried out at each reporting date, with the recoverable amount being estimated where such indicators exi5L Vthere the carrying value exceeds the recoverable amount, the asset is impaid accordingly. Prior Thpairmenls are also reviewed for possible reversal at each repjrting date. Financial instruments A financial asset or a finanaal liabilty is recognised only when the ents'ty becomes a paty to the contractual provisions of the instrumenL Basic financial instruments are initially reccgnised at the amount receivable or payable including any related transaction costs. unless the arrangement constitutes a financing transaction. where it is reccgnised at the present value of the fijiure payments discounled at a rnarket rate of interest for a similar debt instrument. Current assets and current IBbiltties are subsequently measured at the cash or other consKleratic expected to be paid or received and not discounted. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contribtrth?ns are recognised a5 an asset to the extent that Ihe prepayment will lead to a reduction in future payrnents or a cash refund. Limited by guarantee The charity is incorporated under the CompanEs Act 2006 and is limited by guarantee, each member having undertaken to contribute such amounls not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter. There are 7 members of the company (2024.. 7 members). 20
Duffryn Community Llnk Company Limited by Guarantee Notes to the Financial Ststements (conth( Year ended 31 March 2025 Donatlons and legacies Unrestricted Funds Restricted Totsl Funds Funds 2025 Donations 2.010 2.010 UnStrided Funds Restricted Total Funds Funds 2024 Donations 2,510 2,510 21
Duffryn Communty Link Company Limited by Guarantee Notes to the Financial Statements let111 Year ended 31 March 2025 6. Charitabh activltles Unrestrided Funds Reslricted Totsl Funds Funds 2025 1910 Trust- Youth Asda Grassrools Grant Asda Grassrcots Grant- Foodbank Awards For All BBC Children In Need Big Lottery fund Clybiau Plant Cytnru Communty Foundation Wales Focd and Fun Food poverty- membersh Foodbank membership Garfield Western GAVO GAVO Food poverty GAVO- waTr Hub project Hedley FouThlation Henry Smith - Communty Delivery Henry Smith- Core High Sheriff Millennium Stadium Charitable Trust-vvellbeing moondan- Food Poverty Grant Moondance Foundation National Trust Newbridge Foundation Nurture Fund -youth Newport City Council Newport City Council - Dementia Group Funding Participatory- Wellbeing Newport City Council Childcare- FIS equipment Newport City Council Childcare- FIS Sustainabilty Newport City Council Childcare - heatthy pre schools Newport City Council Education fees Newport City Council Parenl & Toddler FIS grant Newport City Council Participatory furn4 - Hygiene Newport Cty Council partlpatCry Fund Wdlbeing Newport City Council Wellbeing Camp Oakdale Trust- food poverty Parent and Toddler attendance fees Police and Crime Commissioners Pupil development & education improvement Waterloo Foundation - Youth Welsh Government 30 Hour childcare offer Ihhat Impact Sports - YouthlPlay 1.250 1,250 1,000 1,000 1.000 10.000 55.339 10,000 55,339 25.066 1.000 25,066 1,000 7,045 7.045 1.529 3.000 4.680 1,529 3,000 4.680 559 35.191 559 35,191 1,345 4.167 14,445 1.345 4.167 14,445 2.000 2.O¢XI 6.000 500 2,996 154 600 281 5.000 5,000 5.000 6.000 500 2,996 154 600 281 5,570 5,000 5.000 570 40 40 29.341 6.142 10,000 87,020 9.580 29.341 6,142 10,000 87.020 9,580 7,655 329,185 336,840 22
Duffryn Community Link Company Limited by Guarantee Notes to the Financial Statements (colrfknueo) Year ended 31 March 2025 6. Charitsble aclivltles (continuéd) Urlrestricted Funds Restri¢ted Totsl Funds Funds 2024 1910 Trust- Youth Asda- Grassroots Grant- F(dbank Asda - Grassroots Grant Awards forAII BBC Children In Need Bi9 Lottery fund cblaU Plant Cyrnru Communty Foundation Wales Food and Fun Fcod povety- membership Foodbank membership Garfield Western GAVO GAVO- Food poverty GAVO- Wami Hub project Hedley Foundation Henry Smith- C¢)mmunity Delivery Henry Smith- Cofe High Sheriff Millennium Stsdium Charitable Trusl- Wellbeing Moondance- Food Poverty Grant Moondance Foundation National Twst Newbridge Foundation Nurture Fund - Youth Newport City Council Newport Cty Council - Educalion fees Newport Cty Council Participatory Funding Dementia Group - Wellbeing Newport City Council Childcare FIS equipment Newport City Council Chiklcare FIS Sustainability Newport Cty Council Chiidcare heallhy pre schools Newport Ctty Council Parttcipatory fund- Hygiene Newport City Council Participatory Fund Wellbeing Newport City Council Wellbeing Camp Oakdale Trust- focMI poverty Parent & Toddler NCC FIS granl Parent and toddler attendance fees Police and Crime Commissioners Pupil development & 8ducation improvement Waterloo FoundatK*n - Youth Welsh Government 30 Hour ¢hildcare offer Imiat Impact Sports- YouihlPlay 20,000 10.000 219,049 2,000 1.000 18.323 20,000 10,000 219,049 2,000 1.000 18,323 7.533 7,533 20,000 4,255 20,000 4.255 4,850 6.640 32,360 5,000 4.850 6.640 32,360 5,000 16.583 650 16.583 650 2.802 2.802 7,500 2.000 7,500 2.000 12.000 12,000 54,538 54,538 7.533 439.550 447,083
Duffryn Communlty Link Company Limited by Guarantee Notes to the Flnanclal Statements {eonthiued) Year ended 31 March 2025 Other trading activlties UnreStrted Funds Restricted Total Funds Funds 2025 Chicare fees Fundraising events Cafe Venue Hire 107.205 163 107,205 163 1.170 108.538 1.170 108,538 Unrestricted Funds Restricted Total Funds Funds 2024 Childcare Fees Fundraising events Cafe Venue Hire 118.355 118,355 936 75 936 75 120.229 120.229 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest receivable 2.850 2,850 2,435 2.435 Costs of other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Childcare costs Cafe costs 91,467 91.467 112.777 936 112,777 936 91.467 91.487 113,713 113.713 24
Duffryn Community Link Company Llmited by Guarantee Notes to the Flnancial Statements {eonfjnuo Year ended 31 March 2025 10. Expenditure on charllable activities by fund typ• Unrestricted Funds Restricted Total Funds Funds 2025 1-1 Early years support 1910 Trust -youth Asda - Grassroots Grant- Foodbank Asda - Grassroots Grant Awards for All BBG Children in Need Big Lottery Fund Clybiau Plant Cymru Community Foundation Wales Food and Fun Foresl Family Cenlre Garfield Western GAVO GAVO - Wami Hub project Hedley Foundation Henry Srnith- Communrty delpiery Henry Smith- Core High Sheriff Millennium stadium charitable trust grant- we1lbeg Moondance- food povety grant Moondance Foundation National Trust Newbridge Foundation Nurture Fund- Youth Newport Cty Council Childcare- FIS Suslainablty grant Newport City Council Childcare- Healthy pre schools Newport City Council Childcare FIS equipment grant Newport City Council EducatK)n fees Newport Cty Council Food povety Newport Cty Council Parent & Toddler FIS grant Newport City CounGil Participatory Fund - Hygiene grant Newport Cty Council Participatory Fund dementia group Newport City Council Participatory Fund- Wellbeing Newport City Council Wel1bn9 Camp Oakdale Trusl - Food povety Police and Crime Commissioners Youth Project Pupil development & education inprovement Waterlco Foundation - Youth Welsh Government 30 Hour childcare offer What ImpaGt Spotts- Youth I play Support costs 737 1.000 1,000 737 1,000 1.000 7.271 85,358 7,271 85,358 22.262 22,262 9,343 9.343 4.529 3.155 4.529 3,155 515 35,191 515 35,191 1,345 3,417 12.939 1,345 3,417 12.939 1.454 2.996 154 500 600 1,454 2.996 154 500 600 281 3,750 6.000 5,000 5,000 281 3,750 6,000 5.000 5,000 28.743 1.894 9.129 73.360 9,251 42,508 28,743 1,894 9,129 73.360 9,251 126,085 462,259 83.577 92.920 369.339 25
Duffryn Community Link Company Limited by Guarantee Notes to the Financial Statements fconOnuedJ Year ended 31 March 2025 10. Expenditure on charitable actfvltles by fvnd type (contlnued) Unrestricted Restricted Total Fund$ Funds Funds 2024 1-1 Early years support 1910 Trust- Youth Asda - Giassroots GTanl- Foodbank Asda - Grassrocls Grant Award5 foi All BBC Children in Need Big Lollery Fund cblaU Plant Cymru Cornmunity Foundalion Wales F¢)od and Fun Forest Family Centre Garfield Westem GAVO GAVO Warm Hub project Hedley Foundation Henry Smith- Community delivery Henry Smith- Core High SheTrff Millennium StluM charitable trust grant- Wdlbeing Moondan¢e- fcrt)d poverty grant Moondance Foundation National Trust Newbiidge Foundalion Nurture Fund - Youth Newport City Council Childcare- FIS Sustainabilty grant Newptsrt Cty Council Childcare- Heatthy pre schools Newport City Council Childcare FIS eqUipmrt grant Newport City Council Education fees Newport City Council Fcod poverty Newport City Council Parent & T¢Jddler FIS grant Newport crty Council Participatory Fund dementia group Newport Cty Council Participalory Fund - Hygiene grant Newport Cty Council Participatory Fund Wellbeing Newport Cty Council Wellbeing Camp Oakdale Trust- FOCKI povety Police and Crime Commissioners Youth Project Pupil development & education improvement Waterloo Foundation - Youth Welsh Government 30 Hour chitdcare offer What Impact Sports - Youth I play Support costs 958 958 18.065 8.522 207.767 2.000 1,000 15.197 18.065 8.522 207,767 2,iYJO 1.000 15,197 6,614 17.044 4.254 6.614 17,044 4.254 4.247 6.640 32.359 4.260 4,247 6,640 32,359 4,260 13.412 650 13,412 650 8,620 8.620 6.289 1,554 8.721 6,289 1,554 8.721 47.042 47,042 29.267 55,716 463.359 84,983 500,198 36.839 26
Duffryn Communlty Link Company Limited by Guarantee Notes to the Financial Statements (¢onffftued) Year ended 31 March 2025 11. Expenditufe on charttable activities by activlty type Activities undertaken Grant funding directy of activibes Support costs Total funds 2025 Total fund 2024 -1 Eafly Years support 910 Trust - Youth sda- Gra5sroo15- Foodbank sda - Grassroots Grant wards for All IBC Children in Need lig Lotlery Fund lybiau Plant Cymru ood and Fun orest Family Centre ¥arfield Western JAVO iAVO warm hub project ledley Foundation lenry Smilh- Core lenry Smith Ccmmunty delivery ligh Sheriff lillennium stadium charitable trust grant- Wellbeing loondance- food poverty loondance Foundation lational Trust lewbridge foundation nurture fund - Youth lewport City Council Childcare- FIS ustainability grant ewport City Council Childcare - Healthy re schcols ewport City Council Childcare FIS quipment ewport City Council Education fees ewport crty Council Food poverty ewport City Council Parent & Toddler FIS ewport City Council Participatory Fund - Igiene grant ewport City Council Participatory Fund mentia group ewport City Council participatory fund ellbeing ewport Cty Council Wellbeing Camp akdale Trust - food poverty Jlice and Crime Commissioner5 pil development & education )provement lalerloo foundatien Youth lelsh Govemmenl 30 hour childcare offer at Impact Sports - Youth I play 958 737 513 1,250 1,000 1.000 1,000 20.01)) 10.000 235.863 2,000 18.322 35,881 20,01)0 4,254 7.271 56.601 2.729 5.329 10.000 90.687 28.757 22,262 9.343 1804 83.577 25.1x6 92,920 4.529 3.155 1.525 6.054 3,155 4,849 32,359 6.640 4,999 35.191 515 35.191 559 1,345 3.417 12.939 1.345 4.167 15.316 750 2.377 16.583 650 1,454 2.996 546 2.000 2.996 154 154 600 9.802 281 281 3.750 1.250 6.IXIO s,0 1.000 5.000 5.000 5.000 5.000 7,500 2,000 11,999 28.743 1,894 9,129 ' 73.360 9,251 10.652 39.395 1.894 9.129 87.020 9,580 13,660 329 54,539 307,417 28.757 126,085 462,259 500.198 27
Duffryn Community Link Company Limitèd by Guarantee Notes to the Financial Staioments fcoJthw41 Year ended 31 March 2025 12. Anatysl8 018UPPOrt ¢ts PdKe and Cty Crime 30 m(Aar FodaTr- CoFwisshJners PtKipat¢xY Fogj chIaren <JVO cmdcare Fndation FLVJ pm -Y4xth woiect fund HY9e and Fun Need Faftyty Cenlre Stsff costs 6,225 8,503 8.490 2.484 1,927 53,970 1,978 83.577 1,525 13,660 2.37T 750 10.652 1.250 2,8(14 2.729 ComrnunKzIlls and GeTher FinCe costs Governan costs Deprecvatson 1,525 13.660 2.377 75) 10.652 1.250 2.729
Duffryn Community Link Company Limited by Guarantee Notes to the Financial Staements(cw Year ended 31 hlarch 2025 12. Anatysis of syppprt Costs (eoThthueo Yrrtrth- Henry Smith Comrnunty 1910 Trust- ddwèry Youlh Nurtu ythIp BIJ Total 2025 Tolal 2024 Staff costs Prernise5 Communa0n$ and IT General office Finance costs 513 4329 48,733 84.983 8.49) 1.927 53.970 1,978 Oepfec*ti¢ 513 1329 126.LW5 84.983 29
Duffryn Community Link Company Limited by Guarantee Notes to the Financial Statsments {corithuedJ Yéar ended 31 March 2025 13. Anatysi$ of gfants 2025 2024 Grants to institutions Grants paid out from Big Lottery Fund - Woodland Roots to Wellbeing Tolal grants 28.757 66.298 28,757 66,298 14. Nèt expenditure Net expenditure is stated after chaTgin91(crediting}: 2025 2024 Depreaalion oftangible fixed assets Operating lease rentals Audit fees {including VAD Accountancy fees {including VAT) 6.179 6,485 2.450 25,605 16,669 6,476 2.334 19,778 40.719 45,257 15. Staff costs The total staff costs arKI empbyee benefits for the reporting period are analysed as follows: 2025 2024 Wages and salarres Social securty costs Employer contrjbutions to pensDn plans 329.143 22,938 5,657 351.184 22,934 5,943 357,738 380,061 The average head count of employees during the year was 20 (2024: 26). The average nurnber of full-lime equrvalent employees during the year is analysed as loNows-. 2025 2024 No. Management and Admin Project delivery 10 13 No employee received emptyee benefits of more than £60.000 duriro the year (2024.. Nil). Key Management Personnel Key management personnel include all persons that have authority and re5ponsibilty for planning, directing and controlling the activities of the charty. The lotal compensation paid to key rnanagement personnel for services provKled to the charity was £118.001 (2024". £79,760). 30
Duffryn Community Llnk Company Limited by Guarantee Notes to the FinancSal Ststsments (Mnthiuedj Year ended 31 March 2025 16. Trustée remuneration and expenses No remuneration or other benefrts from employment ryth the charity or a related entty were received by the trustees (2024.. nil). During the year there were no expenses reimbursed to trustees (2024: nil). 17. Transfers betweèn funds There were no transfers ben funds during the period. 18. Tangiblo fix8d assets Improvemenl Equipment s to propety Total Cost Al 1 April 2024 Addilions PA,396 2,936 22,051 86.447 2.936 At 31 March 2025 67.332 22.051 89.383 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 61,917 2,332 18.204 3,847 80,121 6,179 64.249 22,051 86,300 Carrying amount At 31 March 2025 3,083 3,083 6.326 Al 31 Marth 2024 2.479 3.847 19. Debtors 2025 2024 Trade debtors Prepaymenls and accrued inc Other debtors 5,480 4.587 883 5,849 2.118 883 10,950 8.850 20. Creditors: amounts falling due within one year 2025 2024 Trade creditors Accruals and deferred income other creditors 11.550 85.899 3.481 10,666 72,500 3,997 100,930 87.163 32
Duffryn Community Link Company Llmlted by Guarantee Notes to the Financial Statements (¢oMinwrfJ Year ended 31 March 2025 21. Deferred income 2025 2024 At 1 April 2024 Amount released to income Amount deferred in year At 31 Mafch 2025 66.184 (66.184) 82.057 42,953 (42,953) 66,184 66.184 82.057 22. Pensions and other post retirement benellts Defined contribution plans The amounl recognised in income or expenditure as an expense in relalion to defined contribution plans was £5.657 {2024: £5.943). 23. Analysis of charltable lurKIs Unrestricted funds At Transfers 31 March 2025 1 April 2024 Income Expenditure General funds Designated Fund- Staff costs Desi9nated Fund - welfare fund 148.171 121.053 (184,387) {9.789) 75.048 42.393 42.393 833 833 191.397 121.053 (184.387) (9.789) 118,274 At 1 April 2023 Al Transfers 31 March 2024 Income Expenditure General funds Oesi9nated Fund- Staff cosls Designated Fund - welfare fund 178.485 132.707 (150.552) {12,469} 148.171 42.393 42.393 833 833 221.711 132,707 (150,552) (12,469) 191.397 32
Duffryn Community Link Company Lirnited by Guarantee Notes to the Flnanclal Statements {eOftllnuedJ Year ended 31 March 2025 23. Analysis of charltable funds Re$trlGted funds At 1 April 2024 At 31 March 2025 Income Expendilure Transfers 1910 Trust- Youth Asda- Grassroots Grant Asda- Grassroots Grant Foodbank Awafds for All BBC Children in Need Big Lottery Fund Capital grant Ctybiau Plant Cymru C¢Jnmunity delivery Community Foundation Wales Food and fun Fo¢)d poverty- membership Garfield Western GAVO GAVO - Warm Hub project General youth delwery Hedley Foundation Henry Smith - Core Henry Smith Community delNery High Sherrff Millennium Stadium charitable trust Moondance- Food Povety Granl Moondance FouFMlation National Trust Newbridge Foundation nurture Fund Newport Cty Council- Education fees Newport City Council Childcare FIS equipment Newport City Council Childcare- FIS Sustainability grant Newport City Council Heallhy pre schools Newport City Council Parent and toddler FIS Newport Cty Council Part1patOry Fund- Hygiene Newport City Council Participatory Fund Newport City Council Wellbeing- Dementia Group funding Newport Cty Council Wellbeing Camp Oakdale Trust- food poverty Police and Crime Commissioners Pupil development & education improvement Waterloo Foundation Welsh Government 30 hour childcare offer What Impact Sports Grant 1.250 1.000 1.000 (1,250) (1.0) {1.¢XM)) 10,000 55,339 {10,C>OO) (90,687} 35.348 4.219 (1,136) 3.083 25.066 1.000 (25,066) 1.000 4.529 4.680 (4.529) {4.680) 35,191 559 (35,191) (559) 1.345 4.167 14,445 {1,345) (4.16n (15.316) 871 2.000 600 (2.000) (600) (51)0) SCIO 2.996 154 {2,) (154) {281) 281 5.000 5,000 6.000 5.000 {5,0() (5,000) (6.000} {5.OCN)) 29,341 6,142 10.000 87.020 9.580 {39,395) (1.894) {9.129) (87,020) (9,580) 10,054 4,248 871 39,567 329,185 {369.339) 9,789 9.202 33
Duffryn Community Link Company Limlted by Guarantee Notes to the Financial Statements (¢vn*nUfj Year ended 31 March 2025 23. Analysis of chaiitable funds (¢onlIn) Restri¢ted funds At 31 March 2024 1 April 2023 Income Expenditure Transfers 1910 Trust- Youth Asda - Grassr¢xJls Grant Asda- Grassroots Grant Fcodbank Awards for All BBC Children in Need Big Lollery Fund Capital grant Ctybiau Plant Cymru Community delivery Community Foundation Wales Food and fun Food povety - rnembership Garfield Western GAVO GAVO- Warm Hub prqect General youth delivery Hedley Foundation Henry Smrth- Core Henry Smith - Communty delNery High Sheriff Millennium Stadium Charitable Trust Moondance- Food Poverty Grant Moondance Foundation National Trust Newbridge Foundation nurture Fund Newport City Council- Education fees Newport City Council Childcare FIS equipment Newport City Council Healthy pre schools Newport City Council Parent and toddler FIS Newport City Council Participatory Fund- Hygiene Newport City Council Participatory Fund Newport City Council Wellbeing - Defflenlia Group funding Newport Cily Council Newport City Council Wellbeing Camp Oakdale Trust- lood povety Police and Crime Commissioners Pupil development & edu¢ation improvement Waterloo Foundation Welsh Government 30 hour c.hildcare What Impact Sports Grant 20.000 10.000 219.049 (20.000) (10,000) (235.858) 52,157 5.625 35,348 4.219 (1.406) 2.000 (2.00)) 1.947 (1.947) 1.000 18.323 {1,000) (18,323} 20,000 4.255 (20,000) {4.255) 4.258 (4,258) 4,850 39.000 {4,850) (39,000) 5,OlX) (5.000) (9,713) (3.367) 16,583 650 (16,583) (650) 9,713 3,367 2,802 7.500 2,000 12,01)0 (9.802) 17,500) {2,000) (12.000) 7.000 54,538 {54,538) 50,907 439.550 (463,359) 12.469 39.567 34
Duffryn Communlty Link. Company Limited by Guarantee Notes to the Flnancial Statsments (witsnued) Year ended 31 March 2025 23. Analysis of charltable funds (ctirtinueo) Funder Whal Impact Pur To fund 1 play development officer and 1 play range for Outdoor play, aiong wilh training, resources and stor eunit Hygiene packs for the youth communty Timescale Sep 24- Juty 25 NCC, OUrChoi, Ourvorce June to Dec 24 ErKled June to Dec 24 Ended July toAug 24 Ended Aug - Dec 24 Ended Oct 24- Ocl 25 Nov 24- Mar 25 Ended Dec 24-Dec 25 Nov 24 Ended Nov 24- Mar 25 Ended Jan 25 Ended Jan 25 Ended Feb 2&Jan 26 NCC, Our Chorce, Our Voice Wellbeing -zumba, Ya & Mindfulness classes NCC 12 Days of Fd and Fun Delivery GAVO School holidays foDJ bags for families Henry Smith Flex funding for core costs GAVO Warm Hub Moondance Communty development and participation and core costs Resources for Parent and Toddler Group5 Family Infarrnation Service Asda Foundation Grant Foodbank and cover rent and utilities for Uni(6 NCC Childcare outd¢Jor plant&Yruithieg gr(Y4¥ing Family Infomalion Service Childcare- new equipmentnoys Family Infomation Serwce Chtldcare- sustain provision, venue. utilitre5, and marketin costs Youth- Hub to access hygiene products, food and advice and su ort 1910 Feb 25-Jan 26 35
Duffryn Community Link Company Limited by Guarantee Notes to the Financlal Statements (continu) Year ended 31 March 2025 24. Anatysls of net assets between funds Unrestrted Funds Reslricled Total Funds Funds 2025 Tangible red assets Nel Current assets 3,083 6.119 9,202 3,083 124,393 127,476 118,274 118,274 Net assets Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Net Current assets 2,107 189,290 191.397 4.219 35,348 39.567 6,326 224,638 230,964 Net assets 25. Analysis of changes in net debt At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash at bank and in hand 302.951 (88.578) 214.373 26. Operating lease commitments The total fulure minirnum lease payments under rKJn-cancellable operating leases are as follows.. 2025 2024 Later than 1 year and not laler than 5 years 4.989 9.234 27. Limitation of auditors Ilabilty By way of a members, resolution dated 10 December 2024, the company has agreed lo enter into 8 limited liability agreement wtth rts auditors whereby their exposure to legal clairn5 is limited lo £50,000 36