SOUTH WYE DEVELOPMENT TRUST AT THE KINDLE CENTRE REGISTERED COMPANY NUMBER: 05750840 (England and Wales) REGISTERED CHARITY NUMBEL 1117770 kindle inspiring the community rt of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for South W Develo ment Trust Ltd Thorne Widgery Accountancy Ltd Chartered Accountants 2 Wyevale Business Park King5 Acre Hereford Herefordshire HR4 7BS
South W Develo ment Trust Ltd kindle Inspiring the community Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustee5 1 to 17 Independent Examinerf5 Report 18 Statement of Financial Activlties 19 Balance Sheet 20 to 21 Cash Flow Statement Notes to the Cash Flow Statement 23 Notes to the Financial Statements 24 to 32 Detalled Statement of FIrnCial Activities 33
South W e Develo ment Trust Ltd kindle rt of the Trustees for the Year Ended 31 March 2025 Inspiring the community The tru5tee5 who are also directors of the charity for the purposes of the Companles Act 2(6. present thelr report wlth the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance th the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectlves and alms The Trust's mission is To inspire the community to improve their live5. unlock their tential and build healthier lives.. Our values. in all that we do. are to ensure that we are inclusive and participative, Partnership focussed, and that we deliver valuable and quality outcomes. Slgnlflcant activities Tru5Y5 key physical assets are The Kindle Centre and the {sub-Let) SW MedlcallDental Centre. ID 202412025 our significant activity was focused ar(MJnd developi 3 areas: •Our new project "Iryspiring @ Kindle We R with U" furhled by the National Lottery Reaching Communities Fund •Utilising ¢yJr asset of the Kindle Centre to deliver the best community sUPPOrt to the community •Gmw and develop ¢wr learning and trainir4 offer to the community. The Klndle Centre Health and Well-belng Communlty Hub In addition to raising income from office and room rental, the m05t important and affective use of The Kindle Centre is to provide valued and needed seryices and support to tl* communlty partlcularly around Health and Wellbeing, living well and improvin8 the quality of life of our resldents. The Kindle Centre also acts as a community resource offering intemet access to the public, printing, photocopying, and otr administration support serytces. Coverfng the core costs of running The Kindle Centre and deliverlng communlty activities has been a balancin8 act at times, but the organisation has worked hard over the years to develop a good community busi$$ model, improve efflclency and be more resilient. Significant changes have been made to our system5 and the infrastructure of the buildin8 to improve our professionalism, effic7ery, security, and safety at The Kindle Centre. The localitys multiple deprivations still offer considerable opportunities and challenge5 for the Trust to continue to SUprt the community particularly with the cost-of-llvlng crtsls, poverty, intergration, social isolation and loneliness and mental ill health and the other signlficant events that are happenlng in the world. We have welcomed many peoAe to The Kindle Centre to attend meetings and activities and thls year we have seen a considerable increase in people accessing our support with 50.000 people coming through the doors of the Kindle Centre from April 2024 to March 2025. Approximately 95 different groups and organisations have used the Kindle Centre. We have created a lively ¢ative Health and well-being hub and wort( closely with our partners particularly from the NHS. L(Kal AutlM)rity and others. The Kindle Centre has developed into a thriving Health and Well Being Hub utilising the Centre as an asset-based approach that values the capacity. skills. knowledge. connections, and potential in a comtnunity to help find solutioThs to health irwualities and find ways of mobilising these assets to achieve healthy lifestyle change tcoMes. We suPrt and enable residents to be Indepent, enabling them to lead fulfilling live5 a1 helping the community to deliver their own services. In South Wye we understand that we needed to encourage our community to act on healthy lifestyle tehaviour change particularly as the area has a significantly hi8her prevalence of health inequalities and larger prOrtIonS of children land adults) who are 0se than other areas of the county. AltU8h problems were identified, both universal mainstream seryices and initiatives in the area have had limited impact on these issues which are COEnplex. involving social Th)rms of behaviour and the wider determinants of health. We have always approached thi5 by recognising that many of the solution5 lie within the community, abillty could be released and utilised given sufficient leve15 of sUPPOrt. We contirn to worf( closely wlth our partner5 from the NHS and the Local Authorfty to utilise the Kindle Centre to deliver much needed support encouraging our community to make healthy lIfeste cholce5.
South W Develo ment Trust Ltd Illi kindle rt of the Tru5tee5 for the Year Ended 31 March 2025 inspirfng the communlty LEARNING AND TrAINING TO SUPPORT OUR COMMUNITY ESOL FOR REFUGEES In the financial year April 2024 - hlarch 2025 we have had over 2CK) Refugees attend our Refugee ESOL Cla55es. vthich run across the County. In addition to The Kindle Centre, we delivered classe5 in Leominster, Ledbury, and Ross-on-wye. We are continuously adapting to our students, needs. We provided "Women with Children classes" at The Kindle Centre and in Ledbury Primary School as well, where Afghan, Syrian, Ukrainian aml Vietnamese mums developed their English language with the help of volunteer childminders. We have supported Students with no speaking or writing in English, {and in some cases having no education in t1r own language) by providirsg One-to-one sessions and small number classes. Our students are mainly adults, but we welcomed UASC children from Sudan, Afghanistan. Iran and Vietnam into our classes. Over 50% of our students were Ukrainian. over ZO% Afghan and over 20% other nationality ?ncluding Fbng Kongers, Chinese, Vietnamese, Sudanese, Iraqi, Iranian, Indian. Egyptian, Bangladeshi, Libyan, Brazilian and Lithuanian in last financial year. COAIMUNITY ESOL (FOR THOSE WHO DO NOT HAVE ENGLISH AS A FIRST LANGUAGE) Our 6 5ceSsful Communlty classes continued in the 2024125 academic year. We welcomed a new tutor in February 2024. We had a wide range of nationalitie5 in these cla55e5: Polish, Romanian. Brazilian, Bulgarian, Litl¥Janian. Turf(ish. LaNan. Spanish, Cuban, Portuguese, Arnienlan, Algerfan, Syrian and Hunglan Ours student's achlevements Include: Passlng the British Citizenship Exams Launching their own businesses (cake making, painter and decorator) Passing Accredlted Eng115h Exams Completing Preparing to Work in School courses Passing drlvlng tests Passing Food safety and HyglerÉ course Galnlng Employment Case study: Student A, in her mid to late forties. is origirtally from Brazil and has Portuguese as her first language. Married with sorG her health i55ues made It increasingly difficult to work in the M and M Direct factory as a pickerlpacker and She set her goal to improve her English and change jobs. She faced major difficulties Mth pronunciation. For example, Portuguese doe5 not have the "th" sound resulting in "fink" instead of "think. English has more vowel sounds so differentiating betweerl "ee" and "ih" as "beat and bit" can be hard. PortU8uese does not use auxiliary ved)5 e.8. have and (k) to form questions so "you speak English?YP is common and incorrect. SIE was very motivated to improve and wa5 able to enroll on a Preparing to Teach In khoo15 Level 1 Course run by Hereford arKi Ludlow College. She has left her factory job and 15 now working aKcessfully wlth Reynoids Trarsport as a passenger asslstant for children with spedal needs, accompanyin8 them lo sch)ol and on appointments. Her confidence. sense of purpose and well- being has grown in line with her increased English 5ki115 of StEaking and Listening, Readin8 and Writing.
South W Develo nt Trust Ltd kindle rt of the Trustees for the Year Ended 31 March 2025 inspiring the communlty OTHER LEARNING AND TRAINING From April 2024 to June 2024, we offered a confidence EyJildin8 'Here 4 You- course to encourage and support learners in the community to develop positive and effective communication. IT and the p051tive language skllls needed In daily Ilfe and to progress into work and study situation5. We were able to offer additional learning in Maths: Managing Your Morw and Upskilling your Numeracy courses from October 2024 to February 2025. Thi5 was the government's new £560 million prosramrne to help transform the live5 of Iwndreds of thousands of adults across the UK and wlll be dellvered through the UK Shared Prosperity Fund. Numeracy is the ability to understand and use maths in daily life, home, and work. Whether that be improving household finance5. helping children with homework, making more sense of the stats and facts in the medla, or Improvlng nnracY ski115 speclflc to your Ilne of work. People who improve their numeracy skills are re likely to be in employment, have higher wages, and better wellbeing, and will be more able to progress to higher levels of free tralning to secure a skllled Job In our economy. Businesses who develop their employees, numeracy skilts can boost productivity, increase profits, and improve employee retention. That's why we've launched the Multiply programme - just one of the ways the government is helping everyone 8ain skills. We started a very successful IT for Employment course in January 2025 and were able to offer a second course (because of the increased demand) in March 2025. We like our students to have the opportunity to progress, and this year our ESOL learners we offered Accredited English Course (Skills for Life Readlngl In November 2024. Our flrst cohort of accredited Leamers 16 students) have all passed their exams. It followed by the Ski115 for Life Writing course in March 2025. "Here 4 You" In April 2024 we started a course called "Here 4 You" to encourage and support learners in the community to develop positive and effect?ve communication, and positive language skills, needed in daily life. This was aimed at supporting people Into work and further learnlng s1tuatlons. Two of our tutors dellvered thls evenln8 course successfully throu8ts)ut May and June 2024. Multiply We expanded our learning opportunities thi5 year by offering learner5 the Government Multiply Program. This program helps people manage their money and upskill their numeracy. OFFERING HOLISTIC COMMUNITY SUPPORT _ At the Klndle Centre we do not turn anyone away WIK) ed5 our support and during the period 1st April 2024 . 1st April we have continued to provide practical assistance to member5 of the Herefordshire community. some of these people have the most difficult personal circumstances including contact with the crfmlnal Justlce system, homeles5ne55, severe debt or long.term health i55ues. By bulldlnq professlonal and trustlng relationships. we have been able to make long-lasting and significant changes to individual's lives. Supporting people to overcome their barriers to progress and provldlng onward support to access leamlng, training, volunteering and employment that people 8row in self-esteem, self-confidence and believe that more 15 SSIbLe for them. Between A11 2024 and September 2024. two Community A(fvISS, funded by the Support for Ukrainian Integration Grant, provlded support to an average of 15 people per week - working through i55ues to overcome barrlers to make pro8re55 with their live5.
South W Develo ent Trust Ltd kindle Re rt of the Twstees for the Year Ended 31 March 2025 inspiring the community INSPIRING AT KINDLE WE R WITH U We started our project "Inspiring@ Kindle We R with U" in September 2024 our overall aim is to supwrt those most disadvantaged in the local community. and those 5TallY excluded and lonely, to move on with their lives. Thi5 project will enable the organisation to irKrease capacity and enable rmre people to be supported, move on with their lives and move closer to the job market. COMMUNITY FUND The funding enabled u5 to extend the teatn to 4 part-time Community Advisor team delivering holistic support via the National Lottery Commun7ty Fund funded INSPIRING @ KINDLE - WE R WITH U Project. Over the period September 2024 - 1st April 2025, the team prowded support to just over 2(XJ individuals. Thi5 SUPPOrt ranged from refeninq individuals for Food Parcels from Hereford Food Bank, helping with debt and aears. understanding household bills and contactTng utility companies, hous7ng issues, helping people understand their eligibility to receive state benefits, supporting family members (children or elderly relatives). managing alth i55ue5 including referrals for mental health support, visa and immigration support . particularly the new E-VISA system, access to volunteering, accessing training and education, CV writing and readiness for employment and entering employment. COIIMUNITh SUPPORT ErfENTS: Between April 2024 and April 2025. the Community A¢fvisor Team ran several events at The Kindle Centre vthich 5UPPOrted tIE local communlty: In June 2024. we held a Refugee Week Celebration where people from the local refugee community came together to share customs, foods, show items from thelr homes and show thelr dlfferent alphabets and writin8. In August 2024. we held our popular 'School Uniform Pop-up, where families came to access free, pre-loved sclK¥Jl uniform items which had been donated by members of the communlty. Our E-VISA Clinic ran in October 2024 and the team supported over 60 famllles to reglster th the online UKVI servi whlch is essentlal for a pewjn needlng to prove thelr Immlgratlon statu5 in the UK. On 9th December. we help a Winter Warmer Pop-up, which distrited warm winter clothes, coats, pyjamas, hats, gloves socks and Yrrn household textile5 to local families. In February 2025, we ran another 'School Uniforni Pop-up. to provlde school unlform tOP-UP5 to local families. In March 2025. we worked wlth the Borderline5 Fllm Festival to offer free screenings of films to the communlty an afternfn showlng of Mrs Harr15 Goe5 to Pari5 With an aftemoon tea seryed to attendees and two.family films. Desplcable Me sh)wn as an after-school showing and Paddington in Pe shown on a Saturday moming. The Community Events which the Community Adviser team Iv)Id at The Kindle Centre are frequently In direct reSrGe to needs expressed by the community during our meetings Mth individuals and we are able to respond quickly to provide something which supports that need. CASE STUDIES: rtin a Person into Em ent in a School V wa5 completely lacking in 5elf-confidence and self-esteem a5 She struggled with an ongoing difficult personal situation. V had a very limited income and a strained relatiorship with her partner which was making her home life difficult and unsettled. V rEeded to have her own income and the role needed to fit around her commitments to her children. V had experrence of worf(ing with children as a sports coach and as a member of staff in a rwjrsery school. She had recently completed a Teaching Assistant course at The Kindle Centre but was reknKtant to apply for roles as she did not feel she could be successful. Together we worked on V's CV and looked at available suitable roles. We found a role at a local Primary School requiring Teaching A55i5tant support 20 hours a week - with the optTon of extra h)urs. I supported V to complete the application form and she send it back to the school.
South W Develo ment Trust Ltd Ilfi kindle rt of the Trustees for the Year Ended 31 March 2025 inspiring the communty V was Invited for an interview with a practical teaching element. V worked wlth me to prepare for the Interview and the teaching task. V had chosen a book and had decided to discu55 a particular angle of the book which would relate to the specific life experiences of the children in the particular school. V attended the interview and was informed the followin8 morning that she had been successful. V is now employed at the schwl and is enjoying the school environment and her growing financial independence. Su rtin a Person from Homelessne55 to Tenanc Z wa5 referred by Hereford Housing Solutions for support in organizing hi5 essential needs a5 he transltioned into his new life after experiencing hornelessness. We encountered seveTrl challenge5, as Z wa5 unfamiliar with managing his linance5. applying for benefits, paying bills, and communicating with suppliers and his landlord. This was compounded by his limited English skills. Luckily, I was able to communicate with Z in his native language and act as an interpreter for Z in meetings and on telephone calls. restored his Universal Credit account logins and clearly outlined all his responsibilities and commitments related to benefit receipt. Additionally, l arranged to provide him wth a cooker for his kitchen thmugh funding from the Herefordshire Community Foundation. l accompanied him to the Job Centre. where we addre55ed and re501ved his sanctions resulting from previous i55ue5. 1 aLs0 contacted his landlord regarding missed payments caused by his illness, which led to a successful agreement to wiite off those payThents. Before Z started his job, we provided him with a food parcel via the Food Bank to ensure he had access to essentials. He actively participated in our events at the Klndle Centre, We registered his gas and electricity supplies in his name, set up his accounts, and taught him how to take meter readings and make timely payments. l assisted hlm In applylng for a reductlon Sn hfs Council Tax untll he secured full-time employment. Furthermore, we supported hlm In craftlng a strong CV and Job appllcatlon5. empowerfng hlm to putsue new opportunities. Z has been in employment in agricultural roles and still pops into The Kindle Centre. Su rtln a lad to turn her life around S came to an Inltlal meetlng in January 2025 after a particularly difficult sequence of events. S presented as being very nervous and broke down during her appointment. It became evident that followng some difficulties With her landlady, S had been made IK)meless. Following a couple of nights in emergency accommodation S felt so unsafe that She resorted to sleeping in car for several weeks before being moved to temporary accommodation. There had been a string of difficulties in communication tetween the housing team and S, resulting in missing inforniation and action5 on her personal housing plan Incomplete. It became apparent that 5's mental health had become very low. her physical health was declining and she had Lost faith in ever leaving temporary accommodation. I worked with S to find a solution. resulting in findir8 a flat with Citizen Housing, in a development specifically for over 55's. After appIn4 to The Vicar's Relief Fund for a bond, and discretionary housing to help with moving costs and the sIrtfalL in rent, S 5ucce55fully moved into IEr own property. The food bank supported with home starter item5 and an initial food package, and fortunately a cooker through the NILS scheme. I was also able to make an application for funding to support S with costs relating to her car so that she could maintain her independence. I believe that the supw)rt that S received from The Kindle Centre really turned her life around restored her faith in other local seThices. The Trust has a lease with NHS Property Services Ltd to sub-let the Uth Wye Medical Centre, the Trust is obligated to charge a pre-agreed rental for the centre as per the tern of the lease. Originally a health-advice centreldental surgery> the building provided a hugely valuable community asset. The buil(ling is rK)w the South Wye Medical Practice delivering a GP seThice for the Hereford Medical Practice and out of hours support run by Taurus, this servlce continues to date and we are working hard to ertsure that this pract7ce part of Hereford Medical Group 5UPPOrts re5iderst5 of South Wye.
South W Develo nt Trust Ltd kindle rt of the Tru5tee5 for the Year Ended 31 March 2025 insplring the community The Klndle Centre is &)uth Wye Development Tt main asset, a weil-established, welcoming, "Health and Well Being hub" delivering many much-needed preventative seNices to the community which will help to address the health inequalitie5 in South Wye and in the long term reduce the gap in life expectancie5. The Kindle Centre take5 an asset-based approach that values the capacity, 5kT115. knowledge, connection5. and potential in a community to help fTnd ways to achieve healthier lifestyle outcomes" these fit v1 Vth the activities of the South Wye Medical Centre and Dental Access Centre, so vital in taking $78nificant pressure off the County Hospital's A & E departments and local Gps. BUSINESS DEVELOPMENT - Our core business continue5 to grow we now ernploy 15 members of staff. 6 of the team deliver our learning programme. The South Wye DeveloprrEnt Trust's Chief Off7cer manages all the Trust's business and acts a5 Company Secretary. Thi5 ha5 led to U5 being able to deliver more flexibly and efficiently into the future and we continue to be enterprising. foThvard thinking. be inalIVe and yrk in partnership. The Trust has a lease with NHS Property Services Ltd to sub-let the South Wye Medical Centre, the Tst is obllgated to charge a pre-agreed rental for the centre as per the terms of the lease. Originally a health.advice centreldental surgery, the building provided a hugely valuable community a55et. The building 15 now the South Wye Medical Centre and out of hours wpport ryjn by Taurus, this 5erwce continues to date and we are working hard to ensure that thls practice part of Hereford Medical Group supports residents of South Wye. This year we worked wfth the Breast kreening Service to get the Breast Screenlng Bus to operate from ASDA as there was no service for Breast 5creenin8 in Hereford City. We worked In partnershlp wlth ASDA, Hereford Medlcal Group and the NHS to get the bus next to the South Wye Medical Centre. This seNlce wfll see over 7CKJO women screened In Herefordshlre. The Kindle Centre is South Wye Development Trust maln asset. a well-establlshed, welcomln8, "Health and Well Being Community hub delivering many much-needed preventative services to the communlty which vlll help to address the health inequalltles In South Wye and In long temi rede the gap in ITfe expectancies. The Kindle Centre takes an asset-based approach that values the capacity, skills, kTh)wiedqe, connectTons, and potential in a community to help fi1 ways to achieve healthier lifestyle outcomes. these fit well with the activities of the South Wye Medical Centre and Dental Access Centre, so vital in taking significant pressure off the County Hospital's A & E departments and local GPS. The Trust ha5 a strong, diYer5e Board of 7, i1Cting one local COUllCTlor from the Hinton and Hunderton Ward. all Trustees live locally, and all live in Herefordshire. The Board of Tw5tee5 has vast knowledge and eXperiee of what is happening in our community. business knowledge and tW are all fully engaged and aware of local issues. The Board of TnJ5tees have a wide network of community 5UPPOrter5 and contacts: these are Strong valuable assets. along with t g(K)d reputation we have eamed through our experience in partnership wor1(ing. We are fortunate too that its location and car pad(ing facility provide ready access to th The Kindle Centre, and the South Wye Medical Centre and Dental Centre. The Board of Tntstee5 have a vAde network of comThinity supporters and contacts; these are strong valuable assets. along with the good reputation we have eamed through our experience In partnership working. We are fortunate tc that it5 locatlon and car parklng faclllty provlde ready access to l)oth The Klndle Centre, and the South Wye Medlcal Centre and Dental Centre.
Ilfi Scwjth W Develo ent Trust Ltd kindle Re rt of Trustees for Year Ended 31 March 2025 inspiring the communty STRATEGIC REPORT Achlevements and performance Charltable actfvltles The followlng detalls some of the variou5 activitie5 the Tnt ha5 uTrJertaken during the year: COAIMUNiff ACTIVITIES AND EVENTS Communlty Meals We started our communlty meals In 2010. And we have been giving our older residents in the community a freshly cooked meal and opportunities to sociali5e ever since, offering the get-togethers aut every 6.8 weeks. Our older people love to attend our communlty meals, and It makes a huge difference to the elderly who are lonely and socially isolated and rely on the Centre to meet and socialise. We create a fantastic community vibe and lots of friendships have been created. Our model. which we are very passionate about, is to get people together over fLY)d to socialise to combat soclal Isolatlon and loneliness. This year we have had 9 communlty lunc5 and a SFecial 80th Year VE Day celebration th the Mayor Cllr Kevin Tillett. Our organisation provldes serYice5 and support to all particularly the vulnerable. Due to our forever- changin8 world and the cost-of-living crisis, in the last year we have seen an Increased demand in people needing our support. Our organisation connects our community and supports our community to bvork together and be together. We are embedded into the community, and we keep In touch with our elderly vulnerable residents that we have always supported, they have told us how they are feeling lonely and isolated and how they really enjoy coming to the Klndle Centre to meet and share food. We have delivered community lunches from April 2024 - March 2025. We are very 8rateful to our volunteers who help with the delivery of these events which we do in partnership with Growing Local CIC, all our local volunteers the amazing EPICS from Close House who are incredible with the older people. GARDEN PARTY AT BUCKINGHAM PALACE Four of our very special volunteers attended a Garden Party at Buckingham Palace on thè 8th May 2024. Andrew Brid8es has volunteered for many years and now works for SWDT. Cecily Smith has been volunteering for many years and is now in her 80,5. They were both supported to attend the garden party by two more of our special volunteers. Cllr Kevln Tlllett. also one of our Board of TrLbStees and the current Mayor of Hereford and Trinny PeZ who has been volunteering since 2019. Ill 'ndle Centr,,
South W Develo ent Trust Ltd Ilfi kindle Re rt of the TNstees for the Year Ended 31 March 2025 inspirfng the communty BIG EATS We started our Big Eats in 2018 after recelwng community integration funding. We have agreed to continue Big Eats after recelvlng further fundlng from Herefordshire Community Foundation and Herefordshire Councll. The Big Eats are a great opportunity for South Wye Development Trust to gfve people a wlder understanding of different cultural needs and improved understanding and acceptance of dlfferent cultures, we also use our events to address soclal isolation, lonelirsS. poverty a5 well as lead to improved Integratlon. SWDT has stayed commltted to dellverfng these Important events. Between 1 St April 2024 - April 2025 we delivered 8 Big Eats this year. Unfortunately. we have not been able to secure funding for 2026 yet. The Big Eats are a community project that the community ha5 developed and owns and love5. Always on a Saturday, for all. we TnvTte our communlty to come into Kindle make frtend5, prepare, cook and then share food together. Average 70 people attend. We have been delighted to have the fantastic vegetable5 from the newly established South Wye Community Garden from our partners and frtends Growlng Local CIC. We were grateful to receive funding from the UKSPF Communlty Capacity Grant to dellver our Blg Eats. Events and Actfvltles In 2024 - 2025 Friday 14th February 2025 Valentine community lunch Saturday 1st March 2025 BorderlTne Film Festival - moming showing of Paddington in Pe Frlday 71h March 2025 Borderlfne Film Festlval - lunchtime showing of Mr5 Harri5 goes to Paris and food for the Silver surfers Tuesday 1 It March 2025 Borderllne Film Fe5tlval - after sclb)ol film Saturday 22nd March 2025 Bag Eat Fridav I I Itl April 7025 Community Lunch Sunday 27th April Mayor Civi¢ 5ervlce 3pm St Martlns Church Saturday 10" May Mayor Blg Band VE Day telebratlon Town Hall 7.00pm Saturday 31st May 2025 Blg Eat Friday 6 June 2025 80. VE Day Celebration Community Lunch Saturday 12th July 2025 Big Eat Wednesday 13 Aupu5t 202 5 Commttnlty Lunch Saturday 13th September 2025 Blg Eat Friday l O., Octobor 2025 Cofflrnijnitv Lunch Saturday 22nd November 2025 Blg Eat Saturday 13fh December 2025 Chlldren's Christmas Party Thvr5dJy 18th December Chr15tma5 Communlty Lunch. LUNCH CLUB The fantastlc Growlng Local CIC have continued to work wlth us In partner5hlp to dellyer the weekly Lunch Clubs, every Vek on a Fr1day at The Kindle Centre. FOOD HAMPERS AND FOOD AND ACTIVITIES FOR CHILDREN IN OUR COMMUNrtY AND FAIIILIES Tms is what Communlty TS all about Throughout the year we have continued to sUprt our families in so many ways. Free actiwties and events especially in the sch)oi holidays. We have partnered with Herefordshlre COU51 on delivering the HAF actiwties in the holidays worklng vAth our fantastlc partner the Melody Dance Company. We dellvered activities throughout the Half Tenns aThJ the summer holiday5 welcornin4 in chlldren over a 4-week perlod. We ran the activitie5 in partner5hlp with the Melody Dance Company. Thls year we have contlnued to be an advocate for our families on ralslng the issue of the cost of living. the worklng poor and IElpir4 those living in poverty. Having our free sclyjoi uniform days is one way we try to help our families.
South W Develo ment Trust Ltd kindle rt of the Trustees for the Year Ended 31 March 2025 inspiring the community SCHOOL UNIFORMS Our concerns were highlighted to the cost of schjol uniform5 by our familie5 in the community. 50 again thi5 year with the help of our amazing volunteers, we delivered several free xhool uniform days when the community can Con in and get free schwl unlfonns. Our communlty are very gener(ws In bringlng Into us school unlform that they no longer need for us to give to others in need. We have been oVehelmed by the response and have been talking on HITS radio and BBC Hereford and Worcester about our campaign. WOW- WINTER OF WARMTH. We were delighted to join the Winter of Warmth project with Herefordshire Council and have delivered a number of activities to support our families throughout the winter. Our Children's Christmas party was one of tl)ose events. Over 1(KJ children and their families having a fantastic time celebrating. TRAINING AND LEARNING BY OUR PARTNERS Thls year we have been used by many different training providers to offer a variety of vocational training and leaming. We have partnered th Hereford, Ludlow and North Shropshire College who have delivered Level 1 Preparing to work in Sclmjols courses and one Level 1 Safeguarding in an Educational Setting course between September 2024 and July 2024. This has been a great opportunity for our local community who would struggle to attend the college for a variety of reasons and provides employment opportunitie5 which can work around child-care re5ponsibi17ties. In 2024. we have also started working with National Community Learning Partnership {NCLPI to deliver accredited courses in childcare. These courses are the first step towards a career in childcare setting5 - nursery. pre-school or early years education. We continue to partner with Jobskilla to offer opw)rtunities for a fully furKled CSCS card cour5e5. These are always well- attended with leamers completing the course. We have organlsatlons delivering, First Aid, Emergency Fit Aid at Work and Paediatric First Aid. Mental Health Flrst Ald, Health and safety courses, Cranstoun dellver thelr 1 2 1 support. Pheonix Fostering have their meetings with us, and several counsellors have counselling sessions. We have built a relationship with businesses in the public and private sector use us a5 a venue to deliver their Companies training.
South W Develo nt Trust Ltd Il(1 kindle rt of the Trustees for the Year Ended 31 March 2025 insplrfng the community People who are finding it difficult to access health and wellbeing support, navlgate the beneflts systems and generally get support with day-to-day Ilfe whlch Is so difflcult these days. We have found that some people are more disadvantaged than others, and it Is these Indlvlduals that we are aware of In our ct)mmunity' we are fully engaged wth these people and see them on a regular basls. Our organizatlon 15 centrally located within South Wye Hereford which has 5 Local Super Output areas whlch are classed wlthln 20% deprfved natlonally. (2015) two areas Newton Farm and Golden Post are in the 10% deprfved natlonally. Here at The Kindle Centre, we take a h)li5tic approach to supporting people with complex issues. We treat people as individuals and work with people to help them create an individual pian to move forward and then wlth them to support them to achleve thelr goals. Now having Nation In SepteM1r 2024 we started our Natlonal Lottery Community Fund project to be delivered over 5 Yea this has given us opportunlty to glve the support that the community red. SUPPORT FOR UKRAINE INTEGRATION Supportfvr Ukrnlne Intesratlon Fund We continue to support the many UkraInla In the County wlth our other partners. Whi15t we were receiving the Ukrainian Integration Fund we supported 79 individuals, many with complex needs, to move forward5 With their ITves in Hereford. We have sUPPOrted 49 IndidUaL5 into work, 14 into education and 6 people into volunteering. We Contir to support a Ukrainian lady who 15 a personal trainer and Functional Yoga teacher to set up her own buslness providlng personal tralnlng and run weekly yoga classes at The KlThlle Centre. Our Ukrainian Community Advisor ha5 been able to provide more intensive help and support to the older memters of the Ukralnlan Communlty and those who have limited Enqlish language skilEs. Our British Commun7ty Advisor has been able to support those with more advanced language skills. Case Study.. Our Ukrainian Community AdSOr 5UPPOrted a family to reunite after they were separated by the war. A Ukrainian gentlemen came in to see our Community Advisor to ask for support to bring his partner and children to the UK from a dangerous area In Ukralne. The gentlemen had come to the UK to Vrk and was employed in the local agricultural Industry and had secured approprlate accommodatlon In Herefordshlre. Our Communlty AdSor was able to support the gentleman with the application to bring his family members and support the family through the process of anivlng In the UK. When the partner arrived with the children. the family needed extensive sUPPOrt to set established with essentials and to feel safe and comfortable in their new home. Our Community Advi50r prowded friendly and calm 5UPPOrt to the Wle family. working with the children to help them into schrx)l and the adults to help them Ule[Stand their responsibilities in the UK. The gentleman ha5 been promoted in his work, the children are well.settled in sch(M)l and mum 15 worklng hard to Improve her language skllls. The family regularly attends communlty events at The Klndle Centre, and tTrw contlnue to be supp)rted. At the Klndle Centre we do not turn anyone away who needs our support and durfng thls perlod. we have additionally supported around 15 individua15 each week. Some of these people have the most difficult personal circumstances irKluding contact with the criminal justice system. homelessrEss, severe debt or lon8.terrn health issues. By building professional and trusting relationships, we have been able to make long-lasting and significant changes to individual's lives. Supporting people to overcome their barriers to progre55 and prowding onward 5UPPOrt to access learning, training, volunteering and employment that people grow In self-esteem, self-confldence and belleve that more Is posslble for 10-
South W Develo ment Trust Ltd Illi kindle rt of the Tru5tee5 for the Year Ended 31 March 2025 inspirin8 the communlty Case Study.. A couple come into The Kindle Centre after hav7ng their hour5 reduced at work. This couple were in their lote and had worked in ond oround Hereford all their workins lives. The reduction in work hour5 had put the couple under slsnificant finflncial strain and their ability to pay their rent and other boqic expenses wos under real threat. Our Community Aoknsor spoke to the couple to make them aware of the support that wos ovoilable to them vio the Universol Credit system. The couple had never claimed Universal Credit before ond were very reluctont. After it wos explained that the Universal Credit System was there to support people in times of temporory difficulty. they agreed to go ahead with the cloim while they were supported to look for work. During the Universal Credit claim process, our Community Aifvisor found out that one of the couples hod o lifelong disability which affected the type of work the person wos able to do. Our Community Advlsor provlded support for a 5ucce55ful application for PIP. The couple worked w7th our Community Advisor to updote thelr CWS and start applying for jobs. The couple wanted to work tosether as they have one cor so would travel to and from work ot the some times. Our Communlty Advi50r contacted local employer5 to discuss the couple and their availability to work whlch resulted In 5ucce55ful employment in two port time jobs which the couple could do together. CHARITY SUPPORT AND PARTNER SUPPORT We contlnue to work with several other Charities and voluntary or8anlsatlons in South Wye and across Herefordshire. Such as The Cracked Slipper Company, Growing Local CIC, Melody Dance Company. Willowdene Rehabllltation. HVOSS, SeNices for Independent Living, Mind, The LIn8 Room, Catch 22 and the City of Sanctuary, plus many others. SWDT became a HAF partner and has dellvered HAF activities throughout the holiday5. We delivered 2 x 3 hr sessions per week for 30 children to include fresh healthy f(xJd for 4 weeks this year over the su[n[r[ IM)lidays. 5cfvJol holidays can be pressure points for some families because of increased costs 15uch a5 food and childcarel and reduced income5. For some children that can lead to a Mliday experience gap, with children from disadvantaged familles., The free lidaY club places were targeted at children are eligible for and receivin8 benefits-related free sch¢xJl meals. 11
South W Develo ment Trust Ltd kindle rt of the Trustees for the Year Ended 31 March 2025 inspirlng the community THE KINDLE CENTRE, OUR INCREDIBLE HEALTH AND WELL BEING HUB Our Regular Customers Most of our bookings are from regular customers wl)o are dellverfng valuable support to the communlty, some of our loyal Custome include: Hiring for over 10 years - Writers Circle The Civic kniety Friday Praye Other regular hirers include: hlelo(ty Dance CIC -120171 The Arts Society The Cracked 51ipper Company12019) The Kindle Singers120211 Parf(irtsons Exercise Cla5512019 followed by Canarie5 in 2021) Parf(insons Canaries Hereford Guild of Guides Aspire LIn8 HDAA WEA Crar6ton - 1-1 meeting5 CPRE The Countle Charity Willowdene Encore Enterprise5 Healthwatch Herefordshire U3A Offa Group Local or Natlonal organlsation Local organisations such as: Herefordshire Perinatal seIce5 Herefordshlre and Worcestershire Health Care and Trust: Healthy Mlnds Cllnk, Dementla Servlce Diabetes Team Hereford Hospital Talk Communlty Health and Wellbeing Seice Healthy Lifestyles Servlce Herefordshire Councll Wye Valley NHS Trust SAFFA Capita Shaw TNst People wh) are finding it difficult to access health and ylIbe19 sUPlXIrt, navigate the benefits sYsteff and generally get support with day-to-day life which is so difficult these days. We have found that some people are more disadvantaged than Our5, and it is these individuals that we are aware of in our community" we are fully engaged with these people and See them on a regular basi5. Our organization is centrally located thin S(MJth Wye Hereford which has 5 Local Super Output areas which are classed within 20% deprived nationally. 120151 two areas Newton Farm and Golden Post are in the 10% deprived nationally. Here at The Kindle Centre. we take a holistic approach to suptM)rting people with complex issues. We treat people as individua15 and work with people to help them create an individual plan to move foNard and then work with them to support them to achieve their goals. 12
South W Develo ment Trust Ltd Ilrc kindle rt of the Tru5tee5 for the Year Ended 31 March 2025 inspirfng the community How dld they flrKI us7 Google Business Profile for our website. google searches and lots of views Lot5 of Lw51ne5s from word of mouth and our reputatlon. Our Facetook page has over 24(KJ followers. What they Ifke about U5 Ne are always greeted affectionally. and everyone checks that all is well with our meeting. When we had problem5 With ijur memory stick. superhuman efforts were made to rectify the situation. We are always delighted not only with the range of equipfflent we can loan but wth the help we are given in using it. Our SocThety has used three venues and the relief of finding somewhere where the lift does not stick. the front door and burglary alarm are not our responsibility. and the fumiture is moved for u5 never cease5 to delight U5" -can l just say what an excellent resource The Kindle Centre 15. It'5 the first time I'd used it and wll be returning. The space 15 welcoming and well and well equipped, the staff were delightful and very acci)mmodating and so many other interesting activities were taking place. It's fantastic! Keep up the excellent workl- SOCIAL ISOLATION AND LONELINESS We have always been very mindful at South Wye Development Trust of lonellness and isolatlon and its significant and growing issue amongst our population, and we see it daily in Scojth Wye. It is important to recognise that although lonellness and isolation are two different concepts, both relate to opLe5 sense of connection with others. At South Wye Development Trust, we are all about "Connectlons." Isolation refers to separation from social or familial contact, community involvement, or access to seryices. Lonellness, by contrast. can be understood a5 an individuals personal. subjective sense of lacking these thlngs to the extent that they are wanted or needed. Loneline55 is deeply personal its causes, consequences and it5 very existence are imp)ssible to determine without reference to the individual and their own value5, need5. Wi5he5 and feeling5. We were and still are, all aware that Covid-19 caused Immense ISSLES In our communlty related to loneliness and social isolation that we at SWDT are always looklng to addre5S. South Wye Development Trust at the Klndlè Centrè are based on the principles of: Wellbeing and placing people at the centre of decision-making about their lives. o Working In partnership with individuals to achieve the outcomes that matter to them. Prevention and early intervention Our aim is to build community resi11e Supwjrt communities to combat loneliness and social isolation from our well known and perfectly placed cornmunity hub. The Key challenges we address are: o to prevent or reduce the development of isolation and loneliness Reach lonely individual5. Understand the nature of an indiwdual's loneliness and develop a personalised reswnse. Supwjrt lonely indiwduals to access appropriate services. Jpwjrt and maintain existing relationships. Foster and enable new connections. and Help people to change thelr thinking about t7r social connections. We can identify those at risk, such as those facing or experiencing a life transition We aim to prevent future loneline55 by helping individuals who are at risk and those on the 'cliff edge, of loneliness {when they are nearfng a Ilfe event or Substantial shift in their daily routine). We will contlnue to be creative and look to address these Issues In dlfferert ways predominantly by Continui to engage with our community and deliver the support, actlvitie5 and services as above. 13
South W Develo ment Trust Ltd Il(/ kindle rt of the Trustees for the Year Ended 31 March 2025 Inspirlng the community Partnership working We continue to work wlth our partners: GROWING LOCAL CIC, HEREFORD5HIRE COUNCIL, NHS, HVOSS, HEALTHWATCH, CRACKED SLIPPER COMPANY. CITY OF SANCTUARY. HEREFORD ELGAR ROTARY, WILLOWDENE FAIIM. MELODY DANCE CO CIC, CLOSE HOUSE AND OTHERS This year we have worked successfully In partnershlp wlth several key organT5ations to deliver events and activitles. We continue to work closely wlth Herefordshlre Councll, Growirvx Local who deliver our cook clubs, Big Eats, and community lunches. It has been fantastlc to see everyone Learn new skills and share food together. We are very excited to support Grovlng Local, Belmont Wanderers FC and Nmite to develop the Southside Project, we are excited to see the developments growing. It is very excltlng havlng the eklY veggie box scheme ftouri5hing delivering the community crop share. Flnanclal revlew Flnanclal posltlon charity cornpanl5 result for the year reported net iOme of £142.000 {2024: £89.5981. Total funds stood at £682,151 {2024: £486,151), which can be spllt between unrestrlcted of £481,056 (2024: £351,580) and restricted of £147,095 {2024: £134,571). Free reserve5 at the year end. being total funds less fixed assets and restrlcted funds stood at £472,94412024: £338.992). This equates to 14.5 months12024: 12 months) of the charftys annual expend7ture. Reserves pollcy The board is acutely aware of the need to ld a reserve of six months nning costs and a minimum of £1(KI,LKKI Is kept In the company's deposit account. this sum was designated for use: "as a flnancial buffer In case of the fallure of the business to enable it to be wound up over a six-month perirKI. allowing for staff salaries to be paid and creditors to be Ured. This £1CQK represents Six month5 runninE Costs for the company. The use of the money must be authorised by a MtIng of the board and the taking of a re501ution for the expenditure of the funds. The Trust holds four bank accounts, two current accounts and two deposlt accounts. There are currently two signatories on the CAF bank account and two signatures are rtt(kd for any cheque panent. Direct debits are made only for the payrnent of fuel bills, water and telephone5. South Wye Development Trusts Kindle Centre is Thjw a well-established development trust, supportlng Swth Wye and the wider Hereford5hire communlty. It 15 a provlder of meetlng rooms. quality community facTlities. events and activities, and prides itself on its excellent customer semce and competitive priclng. The South Wye Development Trusts Kindle Centre is rthv a well-established development trust, supportiTr4 South Wye and the wider Herefordshire community. It is a provider of meeting rooms. quality community facilTties, events and activities, and prides itself on its excellent customer seNice and competitive pricTng. 14
South W Develo ent Trust Ltd Ilff kindle Re rt of the Trustees for the Year Ended 31 March 2025 inspiring the communlty STRATEGIC REPORT Future plans Our strategic objectives for 202512026 are set out below: Our strategic aims: what we will achieve: Stronger community organisations for now and for the future Partnerships which improves opportunities for local people Stronger more sustainable organisation To generate incotne through our established a55et base, and develop bu5ine55 opportunities which wll offer volunteeri. work eXrience, training, and employment to local people and support our community. Create a sustainable local environment through developing improved recreation. land management. new infrastructure, and in)vatiVe approache5 to ci)nservation. Our value5: principles we will work within We challenge oppresslon and prejudlce, and promote diversity We are friendly and make everyone feel welcomed and supported We are creative and find new ways of workire and making voluntary arKI community actlon We are a voice for the community We are dynamlc and wor1( th purpose to get things done and to achieve lasting impact Our stakehjiders: who we will connect with Voluntsry and communlty organlsatlons Volunteers Businesses Public sector The private sector Our communlty What we will do Work wth local group5, Other organisations, and partr$ to develop their knowledge, skills and exper1ence, and enable them to play their fullest role in the development of a strong, cohesive, and inclusive South Wye community Work wth partner5 to create a healthy community through the establishment and development of improved health facilities. services. and awareness across the neighlx)urhood Generate income through an established asset base. and develop bu51ness oprKJrtunities which will offer volunteering, work experience, training and employment to local people: Work towards creating a 5tJstainable local environment through developing improved recreation. land management. new infrastructure and innovative approaches to conseNation. STRUCTURE. GOVERNANCE AND AIINAGEMENT Govemlng document The charity Is constituted a5 a company limlted by guarantee and Is therefore govemed by the memorandum and article5 of association {8th March 20061. Board members are adopted through a majority vote of at least a quorum of the b)ard (no less than 5 members). Recrultment and appolntment of new trustees New tSteeS are recruited by advertisement and reaching out to netwoths to be able to recruit to the skills needed within the board. The charity follows the charity commlsslons procedures for onboarding. 15
South W e Develo ment Trust Ltd kindle Re rt of the Trustees for the Year Ended 31 March 2025 inspiring the community STRUCTURE. GOVERNANCE AND AIANAGEMEI Organisational structure The Board meets Bi-monthly to monltor tIE organlzatlon'5 work activities and finans. Monthly management accounts are presented at each Board meeting showing the overall financial position as well as the performance of individual restricted funds. The Ch7ef Officer presents an activity report at each Board meeting. The charity emplojs 15 members of staff. The Trust employs a Chief Officer who Board of Trustees delegate the day-to-day management of the organisation t(x). The organization takes a¢fvice and sUprt from profe55iona15 when required and has contracts to give support from: IT SUpt from: John Fih ComwJter5 Network Data Semces Peninsula Bright HR Redllne Communicatiors Inductton and trainvng of new trustees New Trustees are prowded with information about The Kindle Centre and the objectives of the charitable company. Charity Commission guidarKe for new tStee5 to ensure tly are avrnre of their duties and reswnsibilitles is also provided. REFERENCE AND ADMINISTRATIVE DEfAILS Reglstered Company number 05750840 (England and Wales) Re8lstered Charlty number 1117770 Reglstered offlce The Klndle Centre Asda Supermarket Belmont Road Hereford HR2 7JE Trustees Mr P Rone - Chalrpetson Mr5 P Gordon . Vice Chalen - igned May 2025 Mrs F Lane Cllr K Tillett Mr5 P Southwood Mrs J Griffith8 - resigned November 2025 Mr N Small - res)grd February 2025 Mr C Chappell Mr Nick EIt - appointed February 2025 Management Chief Officer and Compary Secretary - Mandy Evan5 FinarKe Manager - Elaine Walton Company Secretary Ms M J Evan5 Independent Examlner Lisa Weaver FCCA Thorne Widgery Accwntancy Ltd Chartered Accountants 2 Wyevale Bu51ne55 Park Klngs kre Hereford Herefordshlre HR4 7BS 16
South W Develo ment Trust Ltd Ilfi kindle Re rt of the Trustees for the Year Ended 31 March 2025 inspiring the community REFERENCE AND ADhllNISTRATIVE DEfAILS Bankers Lloyd5 6-8 High Town Hereford HR12AE CAF Bank 25 Kings Hill Avenue KTngs Hill West Malling Kent ME19 4JQ DIRECTORS AND TRUSTEES All directors of the company are also tnstees of the charity and the are no other trustees. A Ilst of the trustees and change5 in tIE year are on the legal ar)d administrat7ve page. Report of the trus directOT5. on .... ees, incorwrating a strategic report, approved by order of the board of trustees, a5 tIE company and sIgd on the tKJards behalf by: Mr Fl Rone - Tstee 17-
Inde ndent Examiner's Re rt to the Trustee5 of South W Develo ent Trust Ltd Ilfi kindle inspiring the communty Independent examlner's report to the trustees of South Wye Development Trust Ltd {'the Company.) I rewrt to the charity trnstees on my examination of the accounts of the Company for the year ended 31 March 2025. Re5pon5ibilities and basls of report As the charity'5 trustees of the Company larKI also Its dlrectors for the purposes of company lawl you are respon5Tble for the preparation of the accounts in accordance with the rewirement5 of the Companies Act 2W61'the 2LK>6 Act,). Hawng satisfied myself that the accounts of the Company are t required to be aud?ted under Part 16 of the 2LK16 Act and are eligible for independent examination, I rerM)rt in respect of my examination of your charitys accounts as carried out under Section 145 of the Charitie5 Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145{5) (bl of the 2011 Act. Independent exaTnlner's statement Since your charitV5 gross income exceeded £250,( your examiner must be a member of a listed boty. I can confirn) that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants. which 75 one of the listed bodie5. I have completed my examlnation. I conflrm that no matters have come to my attention In conction wtth the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2C(6 Act; or the accounts do not accord with those records. or accounts do not comply th the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts gFve a tnje and fair view which 15 not a matter considered as part of an independent exarnination. or accounts have not been prepared in accordarKe with the method5 and principle5 of the Statement of Recommended Practlce for accounting and reporting by charities {applicable to charities preparing their accounts in accordance with the Financial Rewrtlng Standard applicable In the UK and Republlc of Ireland IFRS 102}1. I have concerrts arKI have come across no other matters in connection with the examination to which attentTon SULd be drawn in this report In order to enable a proper undetanding of the accounts to be reached. Lisa Weaver FCCA The Association of Chartered Certified Accountants Thorne Widgery Accountancy Ltd Chartered Accountants Z Wyevale Busines5 Park Klngs Acre Hereford Herefordshire HR4 7BS Date: .Ll(LJ.Is................................ 18-
South W Develo ment Trust Ltd kindle Statement of Flnanclal Activities for Year Ended 31 March 2025 inspiring the community 31.3.25 Total funds 31.3.24 Total fund5 Unresthcted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donation5 and legacies 105,324 213,744 319.068 248.338 Other trading activities Investment income 202,927 11.772 202,927 11,772 170,341 8.773 Total 320.023 213.744 533,767 427 452 EXPENDITURE ON Raising funds 9,394 9.394 10,609 Charltable actlvlties Community Facilities Communlty Cohesian Events 181,153 40,331 276 221,484 276 175,956 1.218 9,746 1,979 HAF Funding ESOL Refugee & Communlty 3,446 119,593 119.593 117.589 Ukranian Support Fund Total 201 220 391,767 NEf INCOME 129,476 12,524 142,0(X) 89.598 RECONCILIATION OF FUNDS Total funds brought forward 351,580 134,571 486,151 396,553 TOTAL FUNDS CARRIED FORWARD 481.056 147.095 628 151 19-
South W Develo ent Trust Ltd Ilfi kindle Balance Sheet 31 March 2025 inspiring the communlty 31.3.25 Total fund5 31.3.24 Total funds Unrestrfcted funds Restricted funds Notes FIXED ASSErs Tangible assets 12 8,112 8.112 12,588 CURRENT ASSErs Debtors Cash at bank and In hand 13 55,860 433 549 55,860 580,644 13,910 147,095 489,409 147,095 636,504 497,n1 CREDITORS Armunts falllng due wlthln one year 14 116.465) 116.465) {24.158) NEf CURRENT ASSETS 4n.944 147,095 620,039 473 563 TOTAL ASSEfs LESS CURRENT LIABILITIES 481,056 147,095 628,151 486,151 ASSErs 481.056 147.095 628 151 486,151 20~
South W Develo ment Trust Ltd kindle Balance Sheet - contlnued 31 March 2025 inspiring the community 31.3.25 Total funds 31.3.24 Total funds Unrestricted funds Restricted funds Notes 15 FUNDS Unrestricted funds: Community Facilities 331,056 150.000 301.580 Building repairs & renewals - designated 481 056 351 580 Restricted fund5: Community Lunches Heathy Lifestyles Pilot semces Community Cohesion Events Asda grant Big Lottery Kitchen and Newgrove Trust Kitchen Grant Lawinth Project Hereford Communlty Fund HAF Funding National Lottery Fund Ukrainian Supwrt Fund 9,026 3,657 10,524 1,759 433 7.369 3,657 7.741 1.759 433 3.341 629 6,538 44.iXI3 3.341 10,690 4,269 381 36,955 ESOL Refugee and Communlty 66,495 309 58,048 309 Household Support Fund 147 095 TOTAL FUNDS 628 151 486 151 The charitable company Is entitled to exemptlon from audlt under Section 4T7 of the Companles Act 26 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companie5 Act 2006 and preparing financial statements which give a t and fair view of the state of affairs of the charitable company a5 at the end of each financial year arKI of its surplu5 or deficit for each financial year in aCcOrdae with the requirements of Sections 394 and 395 and which otheIse comply with the requirements of the Companies Act 2006 relating to financial statements. so far a5 applicable to the charitable company. {b} The finarKi ..28.lii tatements were approved by the Board of Trustee5 and authorised for i55ue on and were sigrEd on its behalf by: Icwk Mr P Rone - Twstee 21
South W Develo nt Trust Ltd Ilic kindle Cash Flow Statement for the Year Ended 31 March 2025 inspiring the community 31.3.25 31.3.24 Notes Cash flows from operating activities Cash genernted from operatlor 96.833 104.360 Net cash provided by operating activities Cash flows from Investlng actmtles Purchase of tanglble flxed assets Net cash provlded byllused In) Investlng actlvltles Change fn cash and cash equlvalents fn the reportlng perlod Cash and cash equlvalents at tP* beglnnf of the reportlng perfod 96,833 97.331 483 811 Cash and cash equlvalents at the end of the reportlng perlod 483,811
South e Develo ment Trust Ltd kindle kk*tes to the Cash Flow Statement for the Year Ended 31 March 2025 inspiring the community RECONCIUATION OF INCOME TO NET CASH FLOW FROM OPERATING AcnvinES 31.3.25 31.3.24 Net Income for the reportln8 perfod (as per the Statement of Flnanclal Actlvltles) Adjustments for: Depreciation charges {Increase)Idecrease in debtors {Decrease)lirea$e in creditors 142,(XKJ 89,598 4,475 141,9501 4,698 1,738 Net cash provlded by operations 104,360 ANALYSIS OF CHANGES IN NEf FUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash at bank and in hand 483 811 483 811 Total 483 811 23-
South W Develo ment TNst Ltd kindle Notes to the Flnanclal Statements for the Year Ended 31 March 2025 Insplrlng the community ACCOUNTING POLICIES Basls of preparlng the flnandal statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial RerA)rting standard applicable in the UK and Republic of Ireland (FRS 1021 {effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2L)J6. The fTnancial statements have been prepared urKler the historical cost convention. The Tslee5 have considered the effect of the cuent economic climate on the financial future of the Trust and believe they are a going concem. The Trustee5 have reviewed the7r future commitments and reserves policy and feel confident with the financial position for the foreseeable future. The Trust had more than £*100,0 in the unrestricted bank account at the year end and free re5erve5 of £472,944 (2024: E338,9921. Income Income is recognised when the charity has entitlement to the funds, any perfonmance conditions attached to the item(51 of irKome have been met, it is probable that income will be received and the amount can be measured reliably. Income from government and other grants. whether 'capital' grants or 'revenue' grants. is recognised vthen the charity has entitlement to the funds, any perfomRnce conditions attached to the grants have been met, ft ts probable that the income 11 be received and the amount can be measured reliably and is not defeed. Donated professlonal seNices and donated facilities are recognised as income when the charity has control over the Item, ary condltlons assoclated wlth the donated Item have been met, the recelpt of econom1¢ beneflt from the use by the charfty of the Item Is probable and that eC0miC beneflt can be measured rellably. Interest on funds held on deposit 15 Tncluded when recelvable and the amount can be measured rellably by the charity. thi5 is nomially upon notification of the interest paid or payable by the Bank. Expenditure Liabilities are recognised as expenditure as swn as there is a legal or constNctive obligation committing the charfty to that expenditure, it is probable that a transfer of economTC benefit5 will be required in settlement and the a)Unt of the obligation can be measured reilably. Expenditure 15 accounted for on an accruals basls and ha5 been cla55ified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headlngs they have been allocated to activities on a basis consistent with the use of resources. Tanglble flxed assets Depreciation 15 provided at the following annual rates in order to write off each asset over its estimated useful life. rixture5 and fittings Computer equipment 20% on cost 50% on cost Debtor5 Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaTd net of any trade discounts due. Cash at bank and In hand Cash at bank and cash in hand irKlude5 cash and 5h)rt terni highly liquld Investments wfth a short maturfty of three Thjnths or less from the date of acquisition or OFening of tFE dep057t or slmllar account. 24-
South W Develo ent Trust Ltd kindle Notes to the Financial Statements - continued for the Year Ended 31 March 2025 inspiring the community ACCOUNTING POLICIES . eontlnued Creditor5 and provisions Cre(litor5 and provisions are recognised kne the charity ha5 a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisiorfj are Th)rnially recogni5ed at their settlement amount after allowing for any trade discounts due. Taxat(on The charlty is exempt from corporation tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordarKe with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restrlcted purposes wlthin the objects of the charity. triCtiOnS arise when specified by the donor or funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial Statements. DONATIONS AND LEGACIES 31.3.25 31.3.24 Grants and dor¢ations 319.068 248,338 OTHER TRAOING ACTIVITIES 31.3.25 31.3.24 Pffet and refreshments Rent Room hire Internet and copies Sundry receipts 14.150 37,715 150.196 836 13.873 40,370 110.163 824 202 927 170,341 INVESTMENT INCOME 31.3.25 31.3.24 Deposit account interest 11,772 8.773 25~
South W Develo ment Trust Ltd Ili/ kindle Notes to the Financial Statements - continued for the Year Ended 31 March 2025 inspiring the communlty RAISING FUNDS Other tradlng actlvltles 31.3.25 31.3.24 Buffet and refreshment Supplies CHARITABLE AcfiviTIES cosrs Support costs (see te71 Direct Costs Totals Community FacilTties Community Cohesian Events HAF Fundlng ESOL Refugee & Community 217,918 276 3,566 221,484 276 119,593 119.593 Ukranlan Support Fund 3.566 382 373 SUPPORT COSTS Governance costs Finance Totats Community Facilitie5 628 2,938 3,566 NEf INCOMEIIEXPENDITURE) Net Tncomellexpenditure) is stated after chargingl(crediting): 31.3.25 31.3.24 Depreciation - owned assets 4.476 TRusfEES' REMUNERATION AND BENEFITS There were no trustees, remuneratlon or other beneflts for the year ended 31 March 2025 nor for year ended 31 March 2024. Tru5tees' expenses There were Th) twstees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 26~
South W Develo ment Trust Ltd kindle Notes to the Financial Statements . continued for the Year Ended 31 March 2025 insplrlng the community 10. srAFF COSTS 31.3.25 31.3.24 Wage5 and salaries 116,680 112.894 116,680 112,894 The average monthly number of employees during the year was as follow5: 31.3.25 14 31.3.24 13 Staff No employees recelved emoluments in excess of £60,COJ. There Vre no high paid Staff for the year5 ended 31 March 2025 and 31 March 2024. 11. COMPAIi4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 248.338 248.338 Other trading activities Investment income 170.341 170,341 8.773 Total 179,114 248,338 427,452 EXPENDITURE ON Ralslng funds 10.609 10.609 Charltable actfvltles Community Facilities Community ColE5ian Events BBO HAF Funding ESOL Refugee & Community 166.994 8,962 1.218 9,746 1,979 175.956 1,218 9.746 1,979 117,589 20.757 117,589 20.757 Ukranian Support FuThJ Total 337 854 NET INCOME 1,511 88,087 89,598 RECONCILIATION OF FUNDS Total fund5 brought fOard 350,069 396,553 TOTAL FUNDS CARRIED FORWARD 351,580 134,571 486,151 27-
Sth W Develo ment Trust Ltd kindle Notes to the Financlal Statements - contlnued for the Year Ended 31 March 2025 inspirfng the community 12. TANGIBLE FIXED ASSETS Fixtures and fittings Computer equipment Totals COST At 1 Aprfl 2024 and 31 March 2025 119 687 DEPRECIATION At 1 Aprll 2024 Charge for year 119,687 62,515 182,202 At 31 March 2025 119,687 66,991 186678 NEf BOOK VALUE At 31 March 2025 At 31 March 2024 12.588 13. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors Prepayn*nts 54,5C 1,360 12,636 55.860 14. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.3.25 31.3.24 Social security and other taxes Accruals aThJ deferred iome 4,910 9,461 28-
Swth W Develo ment Trust Ltd Ilf/ kindle Notes to the Financial Statements - contiwed for the Year Ended 31 March 2025 inspiring the community 15. MOVEMENT IN FUNDS Net movement in fund5 Transfers between funds At 31.3.25 At 1.4.24 Unrestrfcted funds Community Facilitles 301.580 50.CKX) 129.476 11CQ,OC()} 1c.0 331.056 150.OLX) Building repairs & renewa15 - designated 351,580 129,476 481,056 Restricted funds Community Lunches Heathy Lifestyles Pilot service5 Communlty Cohesion Events Asda grant Big Lottery Kitcl*n and Newgrove Trust Kitchen Grant Labyrinth Project Hereford Communlty Fund HAF Funding National Lottery Fund Ukrainian Support Fund 7,369 3.657 7,741 1,759 1,657 9.026 3,657 10,524 1,759 2,783 433 3.341 10,690 4.269 433 3,341 629 6,538 44.O)3 {10,0611 2.269 44,CK13 36,955 (36,574) 381 ESOL Refugee and Community 58.048 309 8,447 66.495 309 Household Support Fund 134,571 147 095 TOTAL FUNDS 142,OC(I 628,151 29-
South W Develo ment Trust Ltd Il(f kindle Notes to the Financlal Statements - continued for the Year Ended 31 March 2025 inspiring the communlty 15. MOVEMENT IN FUNDS - contlnued Net movement in funds, irKluded in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds Community Facilitie5 320,023 1190,547) 129,476 Restricted funds Community Lunche5 Communlty Coheslon Events Hereford Community Fund HAF Funding National Lottery Fund Ukrainian Support Fund 4,190 3.059 {1) 5.715 71.741 12,5331 {276) I10,() 13,446) 27.738) 1,657 2.783 110,0611 2.269 44.C(13 (37.5741 (36.5741 ESOL Refupe and Community 128,040 119.593) 8.447 201 2201 TOTAL FUNDS 533 767 391 7671 30~
Swth W Develo ment Trust Ltd kindle Notes to the Financial Statements - continued for the Year Ended 31 March 2025 inspiring the community 15. MOVEMENT IN FUNDS - contlnued Comparatlves for movement In funds Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unrestrlcted funds Community Facilities 280.193 19,876 1,511 19.876 (19,8761 301.580 BBO 15J Unrestrtcted Building repairs & renewals - designated 50.1)00 350.069 351,580 Restrkted funds Community Lunche5 Heathy Lifestyles Pilot services Community Cohesion Events Asda grant Bl4 Lottery Kitchen and Newgrove Trust Kitchen Grant Labyrinth Project Hereford Communlty Fund HAF Funding Ukrainian Supp)rt Fund 7.866 3.657 6,231 1.059 (4971 7.369 3.657 7,741 1,759 1,510 7CKI 433 3,3n 6,107 2.401 433 3.341 10,690 4,269 1311 4,583 1,868 14,092 22.863 36,955 ESOL Refugee and Community 1,266 56,782 309 Household Support Fund 309 TOTAL FUNDS 486.151 31
South W Develo ment Trust Ltd kindle Notes to the Financlal Statements - continued for the Year Ended 31 March 2025 inspirfng the communty 15. hlOVEMENT IN FUNDS - contlnued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources extEnded Movement in funds Unrestrfcted funds Community Facilitles 179,114 1177.603) Restrlrted funds Community LuheS Community Cohesion Events Asda grant BBO Herefordshire Fundlng Labyrinth Project Hereford ComNnitY Fund HAF Funding Ukrainian Supp)rt Fund 2,194 2,728 7LKI 9.746 12.691) 11,2181 14971 1,510 19,746) {31 16.195) 1,9791 1311 4,583 10.778 3,847 43.620 (20,7571 22,863 ESOL Refugee and Communlty 174,371 354 1117.589) 45) 56.782 309 Household Support Fund 248 338 160,2511 TOTAL FUNDS 427 452 337 854) 16. RELATED PARTY DISCLOSURES There were related party trarsactions for the year ended 31 March 2025. 17. CONTROLLING PARTY The charity is jointly controlled by the Ttee5. 18. FUNDS Communlty Facilities Community Facilities fund ha5 been established wlth lyAn alms of sustainablllty and, wlth tlme, the ability to create a surplus, which can be reinvested into the South Wye Community. The charity 15 working with and for the communlty to provide resources such as hall space, meeting rooms, internet access, actiwties for young people and a business support seMce. Bulld1 repalrs and renewals - deslgnated fund During 2022, the Tru5tee5 have considered the future cost of repalrs and renewals at the Klndle Centre. so have established a designated fund of £50k from unrestricted funds to ut1115e when nece55ary. Thls wlll a150 cover general maintenance such as extemal and internal paintwork and repairs and annual deep cleaning of carpets and fabric covered chairs, for exarnple. Restrlcted Funds Restricted fund5 15 made up of various community projects vthich funding is received for. 32