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 a￿a 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 soluti￿S 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 identif￿d 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 Follo￿ng 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 S￿la1 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 SerV￿e 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 Fa￿share and Jesus Cafes, the foodbank currently supports approximalely 50 members each week. Supplernentsry fundin9 enabled the provision of fresh meat during the first six n￿nthS 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 de￿entIa-frteTrdty support group Parent & Toddler GrDUP Duffryn Ducklings. a parent4ed volunteer group. has exPerie￿ed 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 Sch￿Is. 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 defi￿1 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. i￿luding the fOlh)v￿ng 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 Ic￿li0n 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 eXpe￿JitUre. for that period. In preparing these financial statements, the trustees We required to: select suttable accounting pdicres and then apply them cons￿lendy. 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 deteC￿n 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 acc￿danCe 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 Infomial￿n 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 c￿nection 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 accOrdar￿e 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 Statem￿1$ 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 nonOO) (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*nU￿fj 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, Y￿a & Mindfulness classes NCC 12 Days of F￿d 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 Unrestr￿ted Funds Reslricled Total Funds Funds 2025 Tangible r￿ed 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