Company registration number: 06141902 Charlty registratlon number: 1122532 CATHAYS & CENTRAL YOUTH AND COMMUNITY PROJECT TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Gordon Down Accountants Temple Court 13a Cathedral Road Cardiff CFII 9HA
Cathays & Central Youth And Community Project Contents Page Trustees, Report Independent Examlnerfs Report ststement of Financial Attivitie5 (including Income and Expendlture Account) Comparatlve Statement of Financial Activities {Includlng Income and Expenditure Account) Balance Sheet 9-10 ststement of Cash Flows 11 Notes to the Statement of Cash Flows 12 Notes to the Flnanclal Statements 13-17 The followlng pages do not form part of the ststutory accounts: Detslled Ststement of Flnanclal Actlvltles (Indudlng Income and ExpendItU Account) 18-19
Cathays & Central Youth And Communlty Project Company No. 06141902 Trustees. Report For The Year Ended 31 March 2025 The trustees present thelr report and the flnanclal statements for the year ended 31 March 2025. ObJ•ctlves and Actlvltles Alms and Objectlves Cathays & Central Youth and Communlty Project Is constituted to provide opportunltles for the education of children, young people and adults vulnerable due to social or economic dlsadvantages predominantly withln the area of South Wales. to further or benefit the residents of Cardiff and the neighbourhood, without dlstinction of sex, sexual orientation, race or of polltlcal, rellglous or other opinlons by assoclatlng together the sald resldents and the local authorltles, voluntsry and other organlsatlons In a common effort to provlde facllltles In the interests of soclal welfare for recreatlon and lelsure tlme occupatlon wlth the objectlve of Improvlng the condltlons of Ilfe for the resldents. to foster and promote the malntenance, Improvement and development of artlstSc expresslon and the knowledge, understandlng and appreclatlon of the arts In all Its forms among the Inhabltants of South Wales; Publlc Benefit To provlde servlces that work to advance human rlghts, equallty and diverslty through the facilltation of a meetlng space and servlces that provlde soclal support, advlce and Informatlon to comrnunltles who may experlence dlscrlmlnatlon based on a protected characterlstlc; and To provlde rellef to those who experlence need due to 111-health, dlsablllty or age and connected persons IlvSng In and vlsltlng South Wales. To advance the protectlon, preseNatlon and enhancement of the envlronment for the publlc beneflt of Cardlff. The trustees conflrm that they have complled wlth the requlrements of Sectlon 17 of the Charltles Act 2011 to have due regard to the Charlty Commlsslon's guldance on publlc beneflt. Flnanclal Revlew Flnanclal Posltlon Thls year has seen both stablllty and change. Many of our projects have contlnued to thrlve and develop due to the hard work of our rellable and dedlcated staff teams. Thls stabllity has lead to year on year progresslon, and Improved outcomes for our rnembers. It Is from thls posltlon that hopefully we have been able to successfully adapt to the changes that have come our way thls year. The staff team now has 104 actlve employee5 now on the payroll and 28 volunteers. Plus a charlty membership of 140 registered supporters. In June 25 though we saw the retlrement of Debble Davles, who dedlcated at least the last 25 years to developlng provislon here for young people and adults with additional needs. The Centre has been very fortunate to have had such a driving force present with us over such a long perlod. Lucklly we were able to welcome her replacement Russell Munton, who Debble was pleased to pass the baton on to. Russell brings much enthusiasm and experience to the role. We also saw the departure of of Tyrone Alleyne- Warner who spent three years wlth us developlng Youth music and more recently the Monday Youth Club and the After-schools provision. It has been particularly rewardlng seelng these projects grow under hls stewardshlp. ..CONTINUED Page I
Cathays & Central Youth And Community Project Trustees. Report (continued) For The Year Ended 31 March 2025 Flnancial PosStion - continued In July 25 we started planning for the departure of Bud Harper, who has managed the centre for the past 10 years. It will be Bud's last day at the AGM after a considerable time helplng to steer the shlp through the waters of Covid and steady growth. Agaln though, we have been able to plan effertlvely for a hopefully seamless transition towards our new appolntment - Rhys Slmmons - who wlll be taklng over In early March 2026, Rhys comes wlth a hlstory and passlon for the Centre and much experience gained In other managerial roles elsewhere In the Youth and Communlty sector. The gmwth of the charity has continued with Income recorded at the end of the financial year Aprll 1st 2025 of £967,401 and expendlture of £1,147.738. This left us with a deficit of £180,337,00 over the year, which though sizeable Is In line wlth our startegy to reduce the amount of our unrestrlcted reserves. As of March 31st 202S we had £220,395.00 In the bank. Of thls £lOO,000 are proterted reserves and £65,911.00 are restrfcted funds leaving us wlth £34,089.00 In unrestrlcted surplus. We continued to re-lnvest unrestrlcted surplus manageably Into Improvlng the bulldlngi re-enforclng the staff team, and Investment In servlces. Slnce then we were also fortunate to recelve approxlmately £150,000 Income from the house sale bequeathed to us by our late prevlous manager Jon Wllson. that wlll enable us to dellver a programme of youth muslc opportunStles golng forward. Of our Internal projects, our Day Provlslon and Communlty Support programmes contlnue to thrlve wSth an Increase In members and actlvltles. These are now firrnly estsblished as our core 52 weeks year servlce for young people and adults wlth addltlonal needs. The talented and skilled staff team at Day Provlslon continue to develop Innovatlve actlvitie5 for up to 25 regular members a day Mon -Fri, supportlng them in Indlvldual and group development. Thls project has become a core component of the daily life of the centre. Hlghllghts have Included the flrst DP Newspaper edStlon publlshed In Aprll where Members collaborated to produce a detalled round-up of local storfes and events. Slnce then the Newspaper has gone from strength to strength, wlth the DP members havlng weekly meetSngs to dlscuss new materlal, wrlte and edlt artlcles for the now regular rnonthly publlcatlon. Thls year the staff have also been proud to facllitate member led role-playlng sesslon5 whlch has seen a slgnlflcant thange In member development Communlty support staff contlnue to provlde much unseen work provldlng young people and thelr famllles wlth often needed asslstsnce In thelr dally Ilves. The co-ordination of malntalnlng thls serrflce Is no mean feat. They on average deliver over 180 hours of session time a week with over 15 regular staff developlng key latIOnShIpS through the provlslon of I to I support. This summer's IYP which was the first without Debbie, which with Russell at the helm contlnued to be a fantsstlc enjoyable experlence for members and staff allke. Many frlendshlps were made, and we had suprlslngly few Incldents for such a large group of young people wlth often hlghly complex needs! It was testament to an IncredSble amount of hard work rlght across the staff team that Included many hlghllghts includlng a series of sponsored walks and a day trfp out to Brlstol on the traln. Other projects such as Impart LGwf Youthclub,have cont5nued to thrlve - Thls long standlng and dedlcated team contlnue to go beyond expectations and have taken part In a Prlde Games residential in Scotland and the Cardiff Pride Event processlon weekend. Monday ALN Youthclub saw an increase in member5 after Russell and Tyrone ran a successful pllot project wlth Uanishen Hlgh School's SEN unit that signposted pupils to the club. A highlight was the Summer trip to Barry Island. Memory Lane Dementia Group, and our Coffee Momlng keep provldlng support for their members. 80th groups have now been running for at least 8 years providing rellable asSIstan for those sometimes soclally exduded. We contlnued our Summer Gardenlng club and though numbers were lower than hoped for It was remarked how well malntalned our garden was and what a difference It made to the welcome on site. Thls year has seen a real development in the Communlty Frldge service with the frSdge seeing much rnore regular drop offs. Well done Christlna, Mal and the team! Also a shoutout to Food for Ilfe and Ty Krishna who use the cafe to operate a free meal service on Tuesday lunchtimes and regularly leave any leftovers in the fridge. ..CONTINUED Page 2
Cathays & Central Youth And Community Project Trustees. Report (continued) For The Year Ended 31 March 2025 Financial Position - contlnued It was really pleasing to see us run two Year 6 Afterschools club for the majority of the academic year 24-25. Our Thursday club with St Monica's Primary School ran all the way from September to July and our Monday club with Gladstone Prirnary school ran from Jan 25 to July 25. We were so pleased to welcome some of these rnembers back In September 25 to our new Year 7 Juniors Youthclub whlch has contlnued to grow through the auturnn into this winter. We have delayed starting this year's afterschool clubs with St Monica's and the newly formed Fairoak Prlmary school due to compllcatlons In the recent schools, restructure and with an absence of available funding, We hope to see some engagement with Year 6 pupils before the end of the academ5c year though. Thanks to our Charity Secretary and Infrastructure Manager - Brldie Smlth for co-ordlnating our annual events yet again Last Years AGM in January was well attended and showcased many of our talented members as well as informlng attendees of all the work we did last year. Our Sprlng Fling event was our best yet, and hosted an impresslve Craft Fair fundralser from Impact, together wlth the Day Provision Art Exhibitlon. It was a lovely day and we again had many performances from our talented members and the adorable Gladstone Prlmary school choir! Disaster struck our annual MaStfest community event though, after forecasted high winds and torrential rain forced us to cancel at short notlce. Thls yearfs organiser Tyrone managed to re- arrange and hold a mini-fest in the centre. Despite the disappointment, it only highlighted staff members ability to make the best of what we have. in what turned out to be a highly enjoyable if not exhausting afternoonl ! This Autumn we moved our University Freshers event a week or so later to coincide with the Cardiff Half marathon which goes past the centre only half a mile from the finish line. Though engagement with new students was lower than hoped It still served to raise our profile to a large turnout of clty resldents. We have seen continued success In grant awards, wlth a total of £160,847.29 belng allocated In the financial year 24-25. Our biggest award from the Blg Lottery fvnd has enabled the: Contlnuation of a full tlme Slte Management post that manages Maintenance, Health & Safety and the Cleaning team. This has seen the continued development of the building with work flnlshed upgradlng the men's toilets, renovation to the space in the entrance area to the Bingo Hall, a new roof on the bln store making it a dry space for storage of refuse and other Items, and new slgnage on the and garden gates and lighting on the front of the building. The introduction of a full time Development manager - Christina Witney - who has responsibility for funding applications, community projetts and building partnerships. The Part fundlng of an Infrastructure Manager who helps co-ordinate a team in our development of Governan, Intemal Communlcatlons , Data Capture, IT and GDPR. Our Duty Manager Team worked hard everyday for over 360 days of the year- 9am 11pm (7 days a week) enabling visitors to use the facilities ft)r whatever purpose they require. Whether it's for our three music rehearsal rooms and recording studlo (which have seen the most use thls year than ever before) or for the many hall and meeting roorn bookings. We continue to host a raft of regular groups, ranging from the spiritual, to the politlcal, together with student societies, language classes, yoga, dance, martial arts, gaming events, orchestra rehearsals. etc. We still continue to host events on the weekends too, ranging from children's blrthday parties, hen party activitles, rellglous events, muslc events, community events, multiple LGBTQ groups and wrestling events etc. A big shout out to all our other staff and volunteers In the varlous teams that keep the whole organisation operating smoothlyl Specifically our unsung heroes in the HR, Flnance, Publicity and Fundraising Teams who have worked Incredibly hard In ralslng the standard of the organlsatlon In an often challenglng envlronment of contlnued Centre growth All in all, I do believe it has been another successful year as we contlnue to work hard to dellver a vibrant happy Community Centre here In Cathays. A big thank you to all our trustees, staff, volunteers, members and service users for making the Centre such a speclal place. Page 3
Cathays & Central Youth And Community Project Trustees, Report (continued) For The Year Ended 31 March 2025 Reference and Admlnlstratlve Details Trustees Mr Brldle Smlth Dlrector Mr Gallard Thomas - Dlrector (reslgned 0210412024) Mr Slmon Murray - Dlrector Mr Isabel Sweet - Director Mrs Bethan Wllllams - Dlrector (reslgned OL/OI/2025) Mrs Pamela Abankwa - DSrector (appointed 22/05/2025) Mr Khalld Awad-Khan - Dlrector (appoSnted 0910412024) Mr leuan Bater - Dlrector (appolnted 02/0412024) Mr Damlan Brldgeman Dlrector (appolnted 2610212025) Mrs Norrna Mackle - Dlrector (appointed 26/1112024) Dr Rhlannon Mcnamara - Dlrector (appolnted 0210412024) Mr Ali Ahmed Dlrector {appolnted 0910412024) (resigned 1211112024) Other Personnel leuan Bater - Chalr Bethan Wllllams Vlce Chalr Charlty Number 1122532 Company Number 06141902 Independent Examlner Laurence Cohen FCA Gordon Down Accountsnts Temple Court 13a Cathedral Road Cardlff CFII 9HA Page 4
Cathays & Central Youth And Community Project Trustees. Report (continued) For The Year Ended 31 March 2025 Small Company Rules This report has been prepared In accordance with the special provisions relating to companies subject to the small companles gEMe within Part 15 of the Companles Act 2006. The trustees, report was approved by the board of trustees and signed on its behalf by: Mr leuan Bater Trustee Date 22112125 Page 5
Cathays & Central Youth And Community Project Independent Examiner's Report to the Trustees of Cathays & Central Youth And Community Project For The Year Ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responslbilities and Basis of Report As the charlty trustees of the Company (and also its directors for the purposes of company law)1 YOU are responsible for the preparatlon of the accounts in accordance wlth the requlrements of the Companies Act 2006 ("the 2006 Act"). Having satlsfled myself that the accounts of the Company are not required to be audlted under Part 16 of the 2006 Act and are eligible for independent examlnatlon, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charlty Commisslon under section 145(5) (b) of the 2011 Act. Independent Examiner's Statement sin the Company's gross Income exeded £250,000 your examiner must be a member of a body Ilsted In sectlon 145 of the 2011 Act. I confirm that I am quallfied to undertake the examinatlon because l am a member of , which Is one of the listed bodles. I have completed my examination. I confim that no matters have come to my attentlon In connectlon with the examination giving me cause to belleve: l. accountlng records were not kept In respect of the Company as requlred by settion 386 of the 2006 Art; or 2. the accounts do not accord wlth those records. or 3. the accounts do not comply wlth the accountlng requlrements of sectlon 396 of the 2006 Act other than any requirement that the accounts glve a 'true and fair view, whSch Is not a matter considered as part of an independent examination. or 4. the accounts have not been prepared in accordance with the methods and principles of the ststement of Recommended Practice for accounting and porting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appllcable In the UK and Republlc of Ireland (FRS 102). I have no COnrnS and have come across no other matters In connection wlth the examlnation to which attention should be drawn In this report In order to enable a proper understanding of the accounts to be reached. Laureno Cohen FCA Date Gordon Down Accountsnts Temple Court 13a Cathedral Road Cardiff CFII 9HA Page 6
Cathays & Central Youth And Community Project Statement of Financlal Artivities (induding Income and Expenditure Account) For The Year Ended 31 March 2025 2025 Total funds 2024 Unrestrfrted Restrlcted funds funds Total funds Notes INCOME AND ENDOWMENTS FROM: Charltable activities: Charitable activities Voluntary Income 805,417 1,137 806,554 805,417 699,792 161,984 263,957 160,847 160,847 967,401 963,749 EXPENDrruRE ON= Raising funds Charitable artivities: Charltable activitles (i) (2,137) (2,138) (7.400) (882,419) (263,181) (1,145,600) (897,355) (882.420) (265,318) (1,147,738) (904,755) (75,866) (104,471) (180,337) 58,994 NET (EXPENDrruRE)/INCOME NEf MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD (75,866) (104,471) (180,337) 58,217 231,766 90,684 322.450 264,233 155,900 (13.787) 142.113 322,450 The notes on pages 12 to 17 fom part of these finanaal statements. Page 7
Cathays & Central Youth And Community Project Cornparatlve Statement of Financial Activltles (Including Income and Expendlture Account) For The Year Ended 31 March 2025 2024 Unrestrlcted Restrirted Total funds funds funds Notes INCOME AND ENDOWMENTS FROM: Charitable actlvities: Charltable activitles Voluntary Income 699,792 7,984 707,776 699,792 255,973 263,957 255,973 963,749 EXPENDITURE ON: Ralslng funds Charltable actlvltles: Charftsble actlvltles (i) (7,399) (7,400) {709,521) (187,834) (897,355) (709,522) (195,233) (904,755) (1,746) 60,740 58,994 NET INCOME Transfers between funds (360) (2,106) (417) 60,323 (777) 58,217 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Totsl funds brought forward TOTAL FUNDS CARRIED FORWARD 233,872 231,766 30,361 264,233 90,684 322,450 The notes on pages 12 to 17 form part of these flnanclal statements. Page 8
Cathays & Central Youth And Community Project Balance Sheet As At 31 March 2025 2025 2024 Unrestrlcted Restrfcted Total funds funds funds Total funds Notes CURRENT ASSErs Debtors Cash at bank and in hand 13,040 154,484 13,040 43,957 65,911 220,395 292,239 167,524 65,911 233,435 336,196 Creditors: Amounts Falling Due Within One Year (11,624) {79,698) (91,322) (13,746) NET CURRENT ASSETS (LIABILITIES) 155,900 {13,787) 142,113 322,450 TOTAL ASSEfs LESS CURRENT LIABILMES 155,900 (13,787) 142,113 322,450 NET ASSErs 155,900 (13.787) 142,113 322,450 FUNDS OF THE CHARrrY Restricted Funds Unrestricted Funds (13,787) 90,684 155,900 231,766 TOTAL FUNDS 142,113 322,450 Page 9
Cathays & Central Youth And Communlty Project Balance Sheet {continued) As At 31 March 2025 For the year ending 31 March 2025 the charitsble company was entltled to exemptlon from audit under sectlon 477 of the Companies Act 2006 relatlng to small companies. The members have not requlred the charftable company to obtsln an audlt In accordance wlth section 476 of the Companles Art 2006. The trustees acknowledge thelr responslbllltles for complylng wlth the requlrements of the Act wlth respect to accountlng records and the preparatlon of accounts. These accounts have been ppared In accordance wlth the prov151ons applicable to companles subject to the small companies regime. On behalf of the board Mr leuan Bater TrJstee Date 22112125 The notes on pages 12 to 17 fomi part of these flnandal statements. Page 10
Cathays & Central Youth And Community Project Statement of Cash Flows For The Year Ended 31 March 2025 2025 2024 Notes Cash flows from operating activitles Net cash (used In)/generated from operations Net cash (used in)/generated from operating actlvities (71,844) (71,844) 28,783 28,783 {DecaSe)/1ncrea$e In cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year (71,844) 292,239 220,395 28,783 28,783 Page 11
Cathays & Central Youth And Community Project Notes to the Statement of Cash Flows For The Year Ended 31 March 2025 l. Reconclllatlon of (expendlture)/lncome to cash (used in)/generated from operatlons 2025 2024 Net (expenditure)/income Movements in worklng capital.. Decrease/(increase) Sn trade and other debtors Increase In trade and other credltors {180,337) 58,994 30,917 77,576 (71,844) (43,957) 13,746 Net cash (used In)/generated from operatlons 28,783 2. Cash and cash equlvalents Cash and cash equSvalents, as stated In the Ststement of Cash Flows. relates to the followlng Items In the Balance Sheet: 2025 2024 Cash at bank and In hand 220,395 292,239 3. Analysls of changes In net funds A$atl Aprll 2024 Cash flows Asat31 March 2025 Cash at bank and In hand 292,239 (71,844) 220,395 Page 12
Cathays & Central Youth And Communlty Project Notes to the Financial Statements For The Year Ended 31 March 2025 l. General Information Cathays & Central Youth And Community Project is a company Ilmlted by guarantee, Incorporated in England & Wales, registered number 06141902 and reglstered charlty number 1122532. The registered office is 2. Accounting Policies 2. 1. Basis of Preparation of Flnancial Statements The flnanclal statements have been prepared In accordance with the Charities SORP (FRS 102) "Accounting and Reportlng by Charities: Statement of Recommended Practlce appllcable to charities preparing thelr accounts in accordance with the Flnanclal Reportlng Standard applicable In the UK and Republlc of Ireland (FRS 102) (effective l January 2019)" Financial Reporting Standard 102 "The Financlal Reportlng Standard applicable in the UK and Republlc of Ireland" and the Companles Act 2006. The charltable company Is a Public Benefit Entity as defined by FRS 102. 2.2. Incoming Resources 2.3. Resources Expended 2.4. Cash and Cash Equivalents Cash and cash equivalents a basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquld Investments that mature In no more than three months from the date of acquisition and are readlly convertlble to a known amount of cash wlth Inslgnlficant rlsk of change In value, and bank overdrafts. 3. Analysls of Expendlture 2025 Support Activities undertaken (see note dlrectly Total Ralslng funds Charltable actlvltles 2,138 2,138 20,632 1,124,968 1,145,600 20,632 1,127,106 1,147,738 2024 Support Activities costs undertaken (see note dlrectly 4) Total Ralslng funds Charitable activities 7,400 876,834 7,400 897,355 904,755 20,521 20,521 884,234 Page 13
Cathays & Central Youth And Community Project Notes to the Financial Statements (contlnued) For The Year Ended 31 March 2025 4. Support Costs 2025 Raising Charitable funds activities Total Employee costs PremSses expenses General administration Governan costs 864,455 864,455 117,040 119,176 139,428 139,430 4,045 4,045 2,138 1.124.968 1,127,106 2,136 2024 Raising Charitable funds actlvltles Total Employee costs Premises expenses General admlnlstration Governan costs 709,128 53,734 109.827 4,145 709,128 61,134 109,827 4,145 7.400 7,400 876,834 884,234 5. Staff Costs Staff costs were as follows: 2025 2024 Wages and salarles Social security costs Other penslon costs 817,127 33,668 20,233 871,028 591,055 104,537 15,159 710,751 No employees reIVed employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 6. Average Number of Employees Average number of employees during the year was: 120 (2024: 85) Page 14
Cathays & Central Youth And Communlty Project Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 7. Debtors 2025 2024 Due wlthln one year Trade debtors 13,040 43,957 8. Credltors: Amounts Falllng Due Wlthln One Year 2025 2024 Trade credltors Other creditors Taxation and soclal securSty Accruals and deferred income 81 2,876 777 8,353 1,740 13,746 8,629 82,612 91,322 9. Movement In Funds Asat31 March 2025 Asatl Aprll 2024 Income Expendlture Unrestrlcted funds General: General unrestrlcted fund Restrlcted funds Restrlcted 08 WCVA C3SC - Summer of Fun grant Police Commissioners - 500253 The Waterloo Foundatlon - Impart pt 112 Natlonal Grld Communlty Matter5 Fuel Grant MultigenerationalBig Lottery (Memory Lane Grant) Amelia, Rekimdle and Insplre Grant YSG EqualSty & Diversity Grant Youth Led Impart Grant Atsaln Tler 2 Music Grant Mlllennlum Stadium Charltsble Trust Grant Thlrd Sector Capltsl Grant 2023 Youth Led Maltland Festlval Grant Youth Innovatlon Grant 2024-2025 (Monday Youth Club, IMPAcf, Sunday Club) GRANT C3SC Lonliness and Social Isolation GRANT 231,766 806,554 (882.420) 155,900 12,785 10,730 2,330 (777) 2,004 2,541 (12,785) (23,842) (2,538) (7,207) (2,004) (2,541) (15,220) 10,736 208 7,984 (2,376) 15,220 21,536 13,948 700 1.378 3,289 5,000 130 (21,666) (13,948) (700) (2,998) (3,289) (5,000) {700) (35,000) 1,620 (700) 35,000 1,000 (1.000) ..CONTINUED Page 15
Cathays & Central Youth And Community Project Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 Famllles First - Action For Children (TS Wages) GFIANT 2024-2025 Communlty Buildings GRANT Big Big Lottery GRANT Muslc for All Nurture GRANT Amellas Graffiti and Health GFIANT John Wllson Estate RINGFENCED 1910 After School Provlslon Fund GRANT GVS Thlrd Sector Bin Store GRANT C3SC Shared Prosperlty Fund (Outreach) GRANT 29,000 (29,000) (10,000) (43,323) (950) {4,426) (10,711) (10,711) (1,250) (10,730) (4,490) 10,000 43,323 950 4,426 1,250 10,730 4,490 Total restrlrted funds 90,684 160,847 (265,318) (13,787) Total funds 322,450 967,401 (1,147,738) 142,113 A8at31 March 2024 Asatl Aprll 2023 Income Expendlture Transfers Unrestricted funds General: General unrestrlrted fund Restrlcted funds Restricted OB BBC Chlldren IN Need WCVA C3SC - Summer of Fun grant Cardlff YMCA Pollce Commlssloners - 500253 Cardlff Councll The Waterloo Foundatlon - Impact pt 1/2 Moj and Streetgames FamSlles FSrst - PO 4501815952 National Lottery Communlty Fund Awards for All Memory Lane GRANT Thlrd Sector Capltal Fund Extra Underspend GRANT cwyvs Archlblshop of Wales 233,872 707,776 (709,522) (360) 231,766 12,784 12,288 12,785 (11,530) (758) 10,730 7,206 10,730 2,330 (4,876) (9,973) (7,822) 9,973 7,589 (544) 885 (777) (885) 2,981 10,000 (10,977) {1,200) (49,506) 2,004 1,200 {3,372) 52,878 3,186 (3,186) 914 (914) 7,400 646 (7,400) (646) ..CONTINUED Page 16
Cathays & Central Youth And Communlty Project Notes to the Flnancial Statements (continued) For The Year Ended 31 March 2025 Natlonal Grld Community Matters Fuel Grant MultigenerationalBig Lottery (Memory Lane Grant) Amelia, Rekimdle and Inspire Grant YSG Equality & Diversity Grant Youth Led Impact Grant Youth Innovation Grant 2023- 2024 Atsain Tler 2 Muslc Grant Millennium Stadiurn Charltable Trust Grant Third Sector Capital Grant 2023 Youth Led Maltland Festival Grant Safe Street Fund Grant Warm Spaces (coffe mornlngi Gardening) Grant CCC Outreach Youth Services 9,850 (7,309) 2,541 15,220 15,220 42,957 (21,421) 21,536 20,000 700 (6,052) 13,948 700 (139) 35,000 (34,861) 4,860 (3,482) (711) 1,378 4,000 3,289 10,000 800 12,420 (5,000) (800) (4,088) (677) 5.000 (8,332) 677 2,803 (2,803) Total restricted funds 30,361 255,973 (195,233) (417) 90,684 Total funds 264,233 963,749 (904,755) (777) 322,450 10. Transactions wlth Trustees During the year the expenses reimbursed to the trustees or pald directly to thlrd partles were as follows: 2025 2024 11. Related Party Disclosures 12. Company limited by guarantee The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the companyi in the event of a winding Upi such an amount as may be required not exedIng £1. Page 17
Cathays & Central Youth And Community Project Detalled Statement of Financial Activities (includlng Income and Expenditure Account) For The Year Ended 31 March 2025 2025 Totsl funds 2024 Totsl funds INCOME AND ENDOWMENTS FROM: Charitable Actlvltles: Charltable activities Income from charitable activities 805,417 805,417 699,792 699,792 Voluntary Income Income from charltable actlvltles Grants 1,137 160,847 161,984 967,401 7,984 255,973 263,957 963,749 EXPENDITURE ON: Ralsing funds Rates Llght and heat Water rates Sundry expenses (1,384) (371) (381) (2) {2,138) (7,400) (7,400) Charitable Activitles: Charitable activities Wages and salaries Wages and salaries Employers NI Employers penslons - deftned contrlbutlons scheme Staff training Travel expenses Rent Rates Llght and heat Water rates Repair5 and maintenan Cleanlng Computer and IT consumables Insurance Printing, postage and stationery Advertising and marketing costs Telecomrnunications and data costs Legal fees (20,632) (20,521) (796,495) (570,534) (33,668) (104,537) (20,233) (15,159) (4,970) (8,709) (9,089) (10,189) (4,244) (981) (1,509) (34,143) (9,013) (2,497) (2,352) {58,118} (41,388) {16,529) (2,861) (3,534) (6,875) (6,505) (1,381) (1,214) (289) (17) (966) (856) (48,574) {24,879) ..CONTINUED Page 18
Cathays & Central Youth And Community Project Detslled Ststement of Financlal Activities (including Income and Expenditure Account) (contlnued) For The Year Ended 31 March 2025 Consultsncy fees Subscriptions Bank charges Sundry expenses Accountsncy fees (12,924) (669) (1,175) (1,772) (807) (76,041) (57,916) (4,045) (4,145) (1,145,600) (897,355) (1,147,738) (904,755) (180,337) NET (EXPENDrruRE)/INCOME 58,994 Page 19