REGISTERED COMPANY NUMI BER: 06247822 (England and Il'ales)
REGISTERED CHARITY NUMBER: 1123339
REPORT OF THE TRUSTEES AND
UNAUDI'fED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
KPC YOUTH & CONIMUNITY
Bakcr ￿loY1e Chartercd Accouiilanls
Oi'bit Busincss Ccnlr¢
Mcnhyr Tydfil
CF48 1 DL

KPC YOUTH & CONIMUNITY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED JI MARCH 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial A¢tivities
Balance Sheet
Notes to the Financial Statements
8 to 20
Detalled Statement of Flnanclal Actlvltles
21 10 22

KPC YOL'TH & CONIMUNITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The tI￿SteeS ivho are also directors of tlic cl)arily for th¢ purposcs of tli¢ Con)P<ini¢s Act 2006, prcsL'iil IliLir r¢port with tlie
fiiiaiicial stalemcnts of Ihc charity for Ihc ycar cndcd 31 M<1rcli 2024. The Iruslccs havc adoplcd tlie pi'ovisions of
Accouiiling aiid Reporliiig by Cl)ai'ilics'. Statement of Recommended Practice applicable lo charities prepariiig their accounts
iii accordance willi th¢ Financii?l Reportiiig Standard applic£1ble in thc UK and Repiiblic of li'eland {FRS 102) (effective I
January 2019).
The Irusiee rcpoit iiicliidcs tlie directors, report as required by company law.
OBJF.CTIVES AND ACTIVITIES
Objectives and aims
KPC Yoiitli Wcls scl lip iii 1998 in answer to the lack ot" tacilities for young people withiii tlie socially disadvantaged Cyiiffig
Conununity of South Wales.
KPC'S objectives are:
lo help aiid cducatc young pcople throii&h leisure time activities so th141 they may develop their physical. nieiital and
spiritual CaPi2Clties. tliclt they may grow lo fvll mattirily as individuals and mcnibcrs of socicly and so thai thcir conditions of
life may be iniprovcd.
to advaiice thc cducc11ioii of young, people within Ihe Cynffig aiid wid¢r arca of tlic Boi'oiigh of Bridgeiid aiid surrounds, in
partlLular but iiol excllisively, Ihrougli th¢ provisioii of Ir<lllllllg
to pronioie, prcserve ¢liid pi'otcct Ihc hcalih and r¢li¢ve thc nccds of yoiing people by tlic provision of such support as tlie
dii'eclors ni¢iy fi'om lime to linie deicrn)iiie.
the prevei)lioii ot. youth crime, drug aiid alcohol niisiisc, witliiii Ilic Cynffig arca aiid widcr arca of Ilic boroiigh of BridgFcnd
aiid Slirrounds, by Ihc provisioii of a widc range of diversionary activities, advice, information and support for youiig people.
lo dLvclop Ihc capclLlty and skills of thc members of the socially aiid economically disadvantaged commiiiiily of Cyiiffig
aiid wider are<2 of the Borough of Bridgciid llnd surroiinds, in siich a Wily Ihcy arc bctlcr ablc lo identify. and help meet, their
nccds aiid to PiTrrlicipat¢ morc fiilly society tliough ti'aining and support.
Public beneflt
Thc TIiL51LCS arc awarc tli<lt Ihc Cliarity has a rcsponsibilily uiider the Chiirities Act to demoiislrate that il has cliaritable aims
thLI1 m¢cl th¢ piiblic bciicfil I'cqiiii'c'mciil and al'c Ihci'cforc chcll'ili( blc. Tlic Tiiislccs confirni that they havc h(1d regy(ii'd lo Ilie
Chc1rily Coininis5l()n's gyiiid<incc 011 piiblic beiietit and comply with s17 Clicll'ilies Act 201 l in i-espccl of liaving duc rLgard lo
piibli¢ b¢ii¢fil wlicn coi)sidcriii&', pliini)ingy aiid iniplen)eiiliiig Ilie ciclivities ot tlie cliarity.
Fl)iANCIAL REVIEW
Financial posltion
Diiringy th¢ yLar, KPC siiff¢red a dcfiLiI of £24,739 (2023.. Surplus L9,502). The Iruslccs and slaif are aware of this situation
aiid every altetnpl will be made lo reverse the position iii fiitiii'¢ y¢ars tlirough SOL2rcii)g ncw incomc aiid cai'cful cost control.
A]1 expenditure has however supported the orgaiiisalions k¢y obj¢¢tivcs.
Total iiicoming resources for thc year wcrc £69,355 (2D23.. £107,681 }.
A5 2024125 bc&7jl)s, Ihc charity still faces Ihe challenge of sourcing income lo enable the continued delivery of open access
youth work and to cover overheads. This remaiiis a significant t¢sl for thc charity.
Investment policy and objectives
The Board regards secure investment of Ihe reservcs as bciiig of primary importance rallier thali tlie levcl of the income
generated from Ihcm. No oiie facility holds more thai) £85,000 which is wiihin Ihe guarantcLd banking sccurcd valucs.
Page I

KPC YOUTH & COI¥IMUNITY
REPORT or THE TRUSTEES
FOR THE YEAR EfsDED 31 NCARCH 2024
FINANCIAL REVIEW
Reserves policv
Thc iiivcstniuiils and n¢1 cuttenl assets of £157,352 {2023: £184,569) currciitly cov¢i' Ihc runniiig ¢xpeiis¢s of £94,094
(2023.. L98,179} by approxinialely 19.7 moiiilis12023.. 22.6 nioiithsl.
With Ilie currcnl levcl of rcservcs, il 18 not anlicipalcd that the clicirily will brcach Ihc charity's rescrve policy of holdiii&y al
leclst 6 moiiihs expciiditlire iii cash oi. C<qsh eqiiivlqlenls iii th¢ shoit lerrn biit inconic <2nd cxpciiditure will h<lVC lo be closely
moiiitored. The trustees are addressing the ch£illcnges that face Ilie charity and are working lo delermii)e th¢ fuftir¢ srr49legic
dii'ection.
Du2'ing 2024, 6 monihs expenditure equates to £47,047. Free Reserves as at 31st March 2024 were £155,29CI. Cash and cash
cquival¢nls as at 31 st Mai'ch 20?4 ar¢ £25,199.
FUTURE PLANS
ThL laiidsLape of ftindiiig has chaiiged considei'cibly, witli Icss fiiiiding availLible and n)ore competition in applications. As Ilie
cosl-ot'_liviiig clialleiigie coiitinues, we C<qll see thl&t tliis coiilii)ues lo impact our tiiiidr1& iSlI)g <qCtivitics. KPC board is
coiiliiiiiing to explore options sucli as Ihc Sliai'cd Prospcrily Fund aiid opportuiiilies for bcller collaboratioii with othci.
partii¢rs or orgaiiisalioiis. Oiice agaiii, Ilie boai'd has aiioiher challenging year ahead.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
Th¢ cliarity is controllcd by its g7ovcrniiig) docum¢iit, a d¢¢d of tiust, and constitutes a liniited conipany, limitcd by guaraiite¢,
as dcfincd by the Conipaiiies Act 200C).
Thc compllliy is govcrn¢d by its niLmor<lndiim and articlcs od associ¢ilion dalcd 13th March 2007 as amciidcd on 14tli
Janiiary 2008 and 2nd Dcccmbcr 2014.
Reerultment and appolntment of new trustees
Thrce nicmbers ot. the boic rd ot. direcloi's shall be siibject lo election or re-electioii al tlie Aiiiiual Gcn¢ral Mceling of tlie
charity. Traiiiiiig is provided lo cacli dircctor as part of ali initial iiiduclioii and, if fcll ncccssary. on an ad Iioc basis dui'iiig
thcir lirn¢ as directors of the charity,
Declslon making
The charity is organised and policy irnplemeiited Ilirough the board of directors who meeti clt least, qll<irlcrly. The pi'ojecl
m<inagcr aiid senior youth workL'rs altcnd Ihc c.xcculivc m<ill<igcnicnl nicctiiigs to reprcseLlt Ilie eniployees, views, in relation
to Ilic cliai'ity's progress, to the boai'd.
Election of The Board
Thre¢ Members of the board of directors sliall be subjccl lo eleclioii or re-eleclioii al the Aiiiiual General Meetiiig of the
cli£irity. Tr4liniiig is providcd to CclLlI director as pait of ali iiiitliil iiiductioii and, if f¥lt Iicccssary, on an ad hoc basis during
th¢ir tinie as directors of the charity.
Risk manAgemenl
Thc trustLcs Iiav¢ a dlily lo id¢211ify aiid rcvicw Ihc risks to which Ihc charity is exposcd aiid to ensure appropriate controls
are in pl<lce to provide reasonable assuraiice agaiiist fraud aiid eiTOr.
Th¢ charity has designed a series of policies in order to ensiire all risks are addressed and operations managed in an efficieiit
m<iIiiier. Ther¢ is a rolliiig probyrunune of review ot. these policies lo eiisiii'c that th¢y ar¢ all maintaiii¢d iii-liiie with Current
opcratioiis and regularly rcvicwcd in light of Ihc changing opcralional and slatulory ciivironmcnt.
Environment
The board of diri¢lors Riid cniployccs of KPC Youth, endeavour to reducc th¢ impa¢l of Ihc opcration upon the ¢nvironmcnt
and polLCLes have been drawn up to achieve tliis.
Page 2

KPC YOUTH & co￿lmuNITy
RF.PORT OF THE TRUSTF.ES
FOR THE YEAR ENDED 31 IMARCH 2024
REFERENCE AND ADMINISTRA TIVE DETAILS
Registered Colnpany number
06247822 (England aiid Wales)
Registered Charity number
1123339
Registered offiee
Off Pyle liui Way
Pylc
Bridgei)d
CF33 C)AB
Trustees
P E Liinnoii Chair
R G W¢glleii
E P Wklliams
A Hiighes
Sharon Palmcr- D4y to day operatlons manager
Company Secretary
E P Willianis
Independent ExAminer
RJCHARD IAN KNOYLE ACA FCCA
Bi¢ kcr K]ioyle Cliartered Accounl<2nls
Orbit BiisiiiLss Ccntr¢
Mcrthyr Tydlil
CF48 IDL
Approvcd by ordcr of the board of Inislees 011
aiid sigiied oli its behalf by..
P E Luiiiioii - Trustee
Page 3

INDEPEYI DENT EXAIWIINER'S REPORT TO THE TRUSTEES OF
KPC YOUTH & CONIMUNITY
Independent eyaminer's report to the trustees of KPC Youth & Communitv ('the Company,)
l i'cport lo Ihc charity trustees oil my exaniination ot Ilie accounts ot. the Conipi111y for tlie year elided 31 March 20?4.
Responsibilities and basis of report
As Ilic charity's Irustccs of Ilic Compaiiy l(ind also its directors for the purposcs of conipany laiv) yoii are responsible for the
preparation of tlie accoiiiits iii accordaiicc with the i'eqiiiremeiits of the Conipaiiies Act ?OOC) I'thc 2006 Acl'l.
Having satisfied my%clf that thc accoiints of tlie Conipany are iiol required to be audited under Part 16 of the 9006 Act and
are eligible for independeiit examii)Iilion, l i'¢port in rcspcct of niy CXaTnination of yoiir cl)arity'S accoiiiils as cari'icd oiit
und¢r Scctioii 145 of tliL Ch<l1'itics Act 2011 ('tlie ?01 l Act,). III carryiiig out niy exanllnalion I have followed tlie Dii'ections
giveii by the Charily Comniission under Seclioii 14515) (b) of 111¢ 201 l Act.
Independent e¥anilner's statement
I hilV¢ conipl¢l¢d niy examinaiion. I confirm thai no matlcrs liave comc to my aitentioii in conncclion with the exaniination
giving nic causc to bclicvc..
accoiinliiig i'c'cords wcrc not kcpl ii) respect of Ilie Company as required by Section 386 of the 2006 Act; or
the accouiits do iiol accord willi thos¢ rc¢ords', or
thc accoiints do iiol coniply willi Ilic accouiiting requiremcnls of Section .396 of tlic 2006 Act oiher tliaii aiiy
rcquiremcnl tlial thc accolinls givc a tnt¢ and fair view ivhich is not a n)atter considei'ed as part of an iiidepeiident
examiii<21ioii; or
Ilie accoiiiils 11¢1ve not been prepÉired iii accordiince witli th¢ n)¢tliods and pi'iiiciples of tlie Stal¢meiit of
Reconimeiided Practice for accoiiiilii)g aiid rcpot1ii)g by cl)arilics lapplicciblc lo cl)ariliLs prcparii)g thcir <lCCOllllts in
ccoi'dance with Ilic, Finaiicial Rcpoitiiig Standard applicable iii Ihc UK aiid Rcpiiblic of Irc11( lid (FRS I O?)}.
I hclvc no con¢¢ims ai)d hilvc comc 11 cross no oilicr m¢111crs in coniicction with the CXi< n)iiiation lo which altci)tion should be
di'¢1Wli in tliis I'eport iii oi'dcr to Cll<1blL a pi-opcr uiidcrsli2ndiiig ol. Ihc accoiints lo bc ri<qcI)cd.
RICHARD
N KNOYLE ACA FCCA
Bi( ker ￿lOyIe Chai'tered Accouiitaiits
Oi-bil Biisiiicss Cciitrc
Mcitliyr Tydfil
CF48 1 DL
Date:
KC
Page 4

KPC YOUTH & COIIMUNITY
STA TEII'IEINT OF FINANCI.AL ACTtVlTIES
INCORPORATING AN II%COIqF. AND F.XPF.NDITURF. ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
20?4
Tol<11
fiinds
2023
Total
flinds
Unrcslrictcd
funds
Rcslriclcd
fiinds
Notes
INCOME AND E.NDOIVNL IENTS FROM
Doiialions and l¢ga¢i¢s
15,617
17,148
32,765
77.337
Oihcr trading aclivilics
liivcslment iiicome
Other income
17,0.39
2,961
16,590
14.417
1,321
14.606
2,961
16,590
Total
52,207
17,148
69,355
107,Ci81
EXPENDITURE ON
Ric isin&? fuiids
5.399
3.300
8,699
6.049
Charitable activities
Youtli & Conuniit)ily Activilics
60,756
24,639
85,395
92,130
Total
66,155
27,939
94,094
98,179
NET INCOMEI(EXPENDITURE)
Transfers between funds
(13,948)
14,-367
{10,7911
(14,3C)71
(24,7391
9.502
16
Net movement In funds
419
(25, L 58)
124,739)
9,502
RECONCILIATION OF FUNDS
Total funds brought forward
258,496
48,756
307.252
297,750
TOTAL FUNDS CARRIED FORWARD
258,915
23,598
282,513
307,252
The notes fom) part of Ihcse financial st&lcmcnts
Pag¢ 5

KPC YOUTH & COIIMUNITY
BALANCE SHEET
31 IVIARCH 2024
2024
2023
Notes
FIXED ASSETS
T¢ingiblc assclq
10
125,161
122,683
CURRENT ASSETS
Stocks
Dcbiors
Cash al baiik and in hand
506
5,977
155.895
12
7,084
192,164
162,378
199,248
CREDITORS
Amounts falling duc withiii oiic ycar
(5,026)
(14.C)79)
INET CURRENT ASSETS
157,352
184,569
TOTAL ASSETS LESS CURRENT
LIABILITIES
282,513
307,252
NET ASSETS
282,513
307,252
FUNDS
Uni'estricled tuiids
Rcsti'ictcd fuiids
16
258,915
23,598
258,496
48,756
TOTAL FUNDS
282,513
307,252
Thc cliarit￿7blc conipany is entillcd to cxemplion froni aiidit uiidcr Scclion 477 of Ihc Conip<lliiCS Act 2006 for Ihc ycar endcd
31 March ?n24.
Thc niLnibei's have not requircd the compl¢ Iiy lo obtain 11 li aiidil of ils fiii<incial staiemeiils for the year elided 31 March 2024
ill ¢iciordaii¢c willi SLclioii 476 of Ili¢ Compaiiies Act 200CI.
Th¢ lrnst¢cs acknowlcdgc their responsibilities for
(a)
eiisuriii& 111ic I thc ch<iritable compaiiy keeps accounting records Ih<il coniply with Scctions 386 and 387 of tlie
Comp&l1iies Act 2006 iiiid
prepiiriiigy lin<2iicial slatemeiits whicli give a Irue and fair view of the stlr te of affairs of tlie cliaril<ible company as at
the eiid of each financial year and of its surplus or dcficit for cach financial ye<lr in accordaiice with the requircmcnts
of Seciions 394 and 395 aiid whicli otherwise coniply with the reqiiiremeiits of the Companies Act 2006 relating to
financial stalcrnents, so far as applicable lo thc charilablc company.
(b)
The notes fonn part ot'these financial statements
Page 6
continued...

KPC YOUTH & CONIIMUNITY
BALANCE SHEET- continued
31 NI.4RCH 2024
Thcsc financial slal¢mcnls have been prepared in accordance with the provision5 applicable to charitable companies subject
to the small compaiiies regime.
The financial statenients werc approvcd by thc Board of Trustees aiid authorised for issue on
aiid were signed on its behalf by..
P E Lunnon- Ttijslee
E P Willian]s - Tiuslee
The notes forni part of thesc financial statements
Page 7

KPC YOUTH & CONIMUINITY
NOTF.S TO THF. FINANCIAL STATF.IIF.NTS
FOR THE YEAR Ef*DED 31 TrIARCH 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financi¢11 slalcniLiils of IliL charilablc conipany, which is a public bcnefil eiilily uiidei. FRS 10? have beLn
prcparcd in accordaiicc with the Charities SORP (FRS 102} 'Accouiitingy <1nd Reporting by Charitics.. Sialcnicnt of
RecOn￿]ended PriL Cticc applicablc to cliai'ilics preparing their accounts iii accordiL nce with thc FiiianciiL l Reporting
Stcindard applicablc in Ihe UK c111d Repiiblic of Ireland (FRS 1021 {effeclive l Jaiiii¢1ry ?019)', Fiiicillci£il Reportii)g
Stai)dai'd 102 'Th¢ Fiiiancial Repo)rtiiig Si<indai'd applic,2blv iii Ihc UK aiid Rcpublic of li'¢laiid' and th¢ Compaiiics
Act ?006. The fiii¢incial slalemen15 liave beeii prepai'ed iiiider the historic1( I cost coiiveiitioii.
Going concern
Th¢re are no mLqlerial uncertainties Liboiit Ihe ch<?rity's ability to coiilinue. The trustees have considered the
aiitiLipaled iiiconic aiid IhLir cxpcLtcd costs for thc forthcoming Iwclvc nioiillis and are coiifidenl Ihcy h<lVC siifficicnl
cashflow reserves to meet all liabilities as they fall di1¢.
For this re¢1SOlI, tlie Iruslees continue to adopt the going coiicem basis foi. prepariiig the finaiicial
st¢lt¢m¥iils.
Th¢ Ch7￿ I'il<qbl¢ ¢on)paiiy h42S takcn advaiilage of the tollowing disclosiii'e exeniplioii in pi-eparing Ihcse tincqllci<ql
sl¢ileniciiis, as perniiiied by FRS 102 'The FiiianLial Rcporling Staiidard applicable in tlie UK aiid Republic of
Li-elil11d':
the reqiiirenieiils of Section 7 SiatemLI)l of Cash Flows.
Ineome
All iiicomc is recognised in the S11¢ lenieiil of Fiiiancial Acliviiies once tlie ch<irity has cntiilcmeiit lo Ihc tiiiids, il is
probable that tlic inconic will bc rcccivcd and the amount Can bc mcasurcd rcliably.
Eipendlture
Liabilili¥s are rccogiiiscd as CXPLiiditurc ¢lS sooii as Ihcrc is a Icgyal oi. Lonsliiiclivc oblig<ilioii conlmilling Ihc clii2rily
to Iliiil CXPLndiliirc, il is probcible Iliat a transfer of econoniic beiiefils will be reqiiircd iii sciilLmcnl ciiid Ilic amount
of Ihc obligalioii Ciqli b¢ mL.qSLlI'ud r¢1 iiibly, Expciidiliir¢ is ALcouiiicd for on ali <qc¢ruals basis aiid11<1S bLeii classified
uiidcr hciL dingys Ilicit ¢igg7reg¢ile i(11 cost relic led to Ilie C¢ilegioiy. Where costs caiuiol be dii'cctly aitribiited lo parliculiir
h¢cqdiii&?s IIILy112< VL bccii allocillcd to IK Ltivilics on <7 basis coiisisl¢nl with Ili¢ lis¢ of rcsoiirLLs.
TaIigible lixed a55ets
DcprcLi£ilioii is providL'd at thc following anniial rates in ordcr to writc off cach asscl ovcr ils cstimatcd iiscful li fL.
BuildingTS
Outdoor eqiiipmenl
Con)puters. ￿rnitu1'e & equipnieiit
l OQ/o on cost and 20/0 on cost
SO/0 on cost
20 % 011 cost and l O % on cost
Tangibl¢ fixed assets arc includLd iii Ilic balaiicc shcct al historic cost Icss accumulal¢d depreciation. Grant receipts
whicl) fund fixcd asset acquisitions are taken to reslricled funds and the appropriatc dcprecialion chargc is madc
agillllst thos¢ fuiids ovcr the cxpcctcd uscful lifc of thc assct.
Stocks
Stocks al'e valued at 11)c lowcr of cost ai)d ncl rcalisablc valuc, aftcr making duc allowaiice for obsolete and slow
moving ilcms.
Ta¥ation
The charity is exempt from corporalion tax on ils charitable actLVLlies.
Page 8
continucd...

KPC YOUTH & COfvlIVIUNITY
NOTES TO THE FJNAf44CIAL STATF.NIEYTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTIING POLICIES- continued
Fund accounting
Uni'eslricled tui)ds C<ln be iised iii accordance with tlie charitable objectives at the discretioii of the Irustccs.
Rcslricled funds cali oiily be uscd for particul1( i. rcstrictcd piiiyoscs within the objects of the charity. Resti'iclions
arise wlien spccified by the donor or when fuiids arc raised for particular rcstriclcd putyoses.
Fiirther explanation of the nature and purpose of each fuiid is included in tlic notcs to thc fiiiancial slalenienls.
Pension costs and otlier post-retirement benefits
Thc ch¢irilablL c()IllP4lliy opcl-alcs Ic dcfiiiLd coiilribulion pensioii schcmc. Coiilribiili()i)S yable to Ihc ch<?rilablc
conip<llly'S pLiision sclicniL' <ll-c charged lo Ihc Sialcmciil of Fiii4lllCl<il Aclivilies iii thc pcriod lo wliich Ilicy rcl<ile.
Legal form
Thc oi'g1< 1)isalion is a ¢on)paiiy, registered iii Eiiglcliid & Wales, limited by giiaraiitee aiid a registered charity.
Debtors and creditors receSvllblelpay#ble Ivlthin one year
Dcbtoi's aiid creditors with no stalcd iiitcrcst I'atc <11)d rccciv<1blL' oi- P<iyable within one year are i'ecorded at
traiisaclion pricc.
DOLYATIONS AND LEGACIES
2024
2023
D021¢ilioiis
8.292
24,473
8,533
68,804
32,765
77,337
Gi'aiils received, included in the above, are as follows..
20?4
2023
Strccl Ganies
Brid&y¢iid Couiily Boroligh Council
Coriiclly Coniniuiiily CoLiiILiI
Couiicil foi. W4?l¢s of Voliiiilary Youth Services
BAVO
Boys & Girls Club
Moondc111ce Foiind¢ltioii
Ncighbourly - Warni Hub
Pyle Comniunity Council
10,000
22,398
7,0?3
4,151
1,100
500
23,632
4,039
5,714
600
8,060
6,060
24,473
68,804
Page 9
continued...

KPC YOUTH & COIllMULIITY
NOTES TO THE fiNANCIAL STATEIIIENTS - continued
FOR THE YEAR EIYDED 31 INIARCH 2024
OTHER TRADIliG ACTIVITIES
2024
2023
Fundraising events
Cafc & charity sliop iiicomc
Menibersliips
1,542
8.547
6,950
1,034
6,520
6,863
17,039
14,417
INVESTIIIENT INCOINIE
2024
2023
Dcposit accoui)l intcrcst
2.961
1,321
SUPPORT COSTS
Gov¢ni<2nc¢
costs
Financc
Otlicr
Toicils
Yoiith & Con]miiiiity Activities
261
5,400
4,500
10,161
Support costs, iiicliidcd iii Ilic abovc, are as follows,.
2024
Yoiith &
Coniniiii)ity
Activities
2023
Total
activities
261
4,97CI
424
1,500
3,000
273
4,119
498
1,300
1,040
Iiisur<1nce
Softwc2fi cqnd printing Costs
IiidcpL'iidciil ex<1miiiers fecs
Bookkccpii)g? fccs
10,161
7,230
NET IIYCOMEI(EXPENDITURE)
Nel inconie/(expeiiditure) is slated after charging/{crediiiiig)'.
2024
2023
Dcpr¢ci<ilioii - owiicd Iiss¢Is
Iiidepeiidenl examiiiers fee
6,512
1,500
12,163
1,300
Page 10
continucd...

KPC YOUTH & CONIMUNITY
NOTES TO THE FINANCIAL STATENIF.NTS - continued
FOR THE YEAR EENDED 31 ARCH 2024
TRUSTEES, RE.NIUNERATION AND BENEFITS
There were iio truslc¢s' rcmuiicr¢?lion or oilicr beiielits for Ihc ycar ciidcd 31 March 2024 nor for the year ended
31 Maicl) 2023.
Trustees, eypenses
Thcre were no Iruslccs, cxpcnscs paid for the year ended 31 March 2024 nor for the year ciidcd 31 March 2023.
STAFF COSTS
2024
2023
Wagcs and salaries
Other peiision costs
47,272
387
53,790
514
47,659
54,304
The av¢i'1c g¢ nioiiilily Iiiiniber of eniployees during the year was as follows..
2024
2023
Coiiductiiig activities
Support staff
Managcmci)i & adniinislralion
No employees rcccivcd cnioluniciits in cxccss of £6Q,QOO.
Thc kcy maiiagcmLiit PL'rsoi)nLI of Ihc chi¢ rily coniprise thc Cei)trc MaiiagFcr, Chair aiid Conipill)y Sccrclary.The lolal
employcc bcncfits of the key persoiinel of tlie ch<ll-ity were £14,516 (2023.. £12,494).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Uiii'estricied
lids
Restricted
fuiids
Total
tuiids
INCOIME AND ENDOWMENTS FRONI
Donalioiis cind Icgaci¢s
8,533
68,804
77.337
Oihcr Iradiiig ii clivilies
Iijvestmeiil iiicome
Othcr incomc
14.417
1,321
14,026
14.417
1,321
14,606
580
Total
38,297
69,384
107,681
EXPENDITURE ON
Raising ￿ndS
6,049
6.049
Charitable activities
Youth & Con]munity AclÉvities
53,397
38,733
92,130
Total
59,446
38,733
98,179
Page 11
continued...

KPC YoirrH & COIIMUNITY
NOTES TO THE FIIYATr4CIAL STATEINIENTS - continued
FOR THE YEAR ENDED 31 IIIARCH 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted
Restricted
fuiids
fiiiids
Tol411
funds
NF.T [NCOIqEI(EXPF￿D1TuRE)
Transfers betw'een funds
{21,149}
398
30,C)51
(3981
9,502
Net n)ovement in funds
(20,751)
30,253
9,502
RECO)CILIATION OF FUNDS
Total fliiids broiiglil forward
279,247
18,503
297,750
TOTAL FUNDS CARRIED FORWARD
258,496
48,756
307,252
io.
TANGIBLE FIXED ASSETS
Compiitcrs,
fiiniittire
& cquipmcnt
Outdoor
¢quipni¢iit
Buildii)gs
Totals
COST
Ai l April 2023
Addilioi]5
128,749
122,2f)5
8,990
16.664
267,678
8,990
Ai 31 M£irch 2024
128,749
131,255
I C),C)64
27C),6C)8
DEPRECIATION
Al l April 2023
Charge for year
35,192
2,575
102,663
1,895
7,140
2.042
144,995
6,512
Ai 31 M(1rch 2024
37,767
104,558
9.182
151,507
NET BOOK VALUE
Ai 31 Mai'cli 2024
90,982
26,697
7,482
125,161
Ai 31 March 2023
93,557
19,602
9,524
122,683
In addiiioii lo the assets disclosed above, KPC Youth owji land via a reslricled Covcnanl witli Bridg¢iid County
Boroiigh Coiincil. Tlic covciiai)I rcqiiircs any procccds rcccivcd frorn the future sale of tliis laiid to be paid back lo
Brid&yLiid County Borougli Couiilil or rciiivcslcd in a ncw premiscs al Ilie discretion of Bridgend County Borough
council. This land was purchased at a nominal value of £ l.
Page 12
continucd...

KPC YOUTH & COIL IMUNITY
NOTES TO THE FINANCIAL STATEIIJEINT.S- continued
FOR THE YEAR ENDF.D 31 MARCH 2024
STOCKS
20?4
20?3
Stocks
506
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONI E YEAR
2024
20?3
TradL dcbiors
Oth¢r debtors
3,500
3,584
5,977
5,977
7,084
13.
CREDITORS: ANIOUNTS FALLING DUE WtTHIN ONE YEAR
2024
2023
Social sccurity and othcr lax¢s
Nel Piiy creditor
Pc115ioiI crcdilor
Suiidry ci'editors
Accni<lls and dcfciTed iiicome
221
914
615
749
3,142
14,013
5,026
14,679
14.
LEASIIYG AGREEMENTS
MiiiiTllLim Icasc paymeiit5 under noii-caiiccllablc opcraliiig Icascs fall dLlC as follows..
2024
20?3
Within oiie year
BLtwecii onc aiid five ycai's
2,706
3.964
2,706
6,671
6,670
9,377
15.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Funds
Restricted
Fuiids
2024Tolal
Funds
2023Tolal
Fuiids
Fixed Assets
Net Cui'rei)l Assets
103,C)19
155,296
21,542
2,056
125,161
157,352
122,681
184,571
258,915
23,598
282,513
307,252
Page 13
continued...

KPC YOUTH & COIITrIiINITY
NOTES TO THE FIINANCIAL .STATEIIIENI TS - continued
FOR THE YEAR ELNDED 31 MARCH 2024
16.
IWIOVELMENT INL FUNDS
Net
movement
in fiinds
Tr¢lnsfcrs
bclwcen
fiiiids
At
3113124
Ai 114123
Unrestri¢ted funds
General fiind
DcsigJn¢ltcd Fixcd Asscls
149,717
108,779
{13,948)
19,527
(5,160)
155,296
103,C)19
258,496
(13,948)
14,367
258,915
Restrlcted funds
Wiiil¢i' ot. Wellbeing
YSG Day Eiiiolional Wcllbeing
YSG Evcniiig Eniolional W¢llbLing
Capil(11 Grdiil - Pl<iy P<irk
Bridg7ciid Couiily Boroiigh Couiicil
(Busiiiess FiiiÉiiiC¢ Siippori)
Bridgciid Coiiiily Boi'ough Council {Thii'd
Sector Siipporl)
Rcsli'iclcd Fixc'd Asscls
Mooi)d1¢ lice FoLind<l1ioii
Ncig,hboui'ly - W¢irni Hiib Fuiid
Voluiitary Youth Siipporl Schcmc
313
968
{313)
{9C)8)
(191)
7.250
{7,250)
2.500
600
(3,100)
3,439
(3,4391
7,640
(2,3631
{80C))
(5,049)
1.3,9()2
23,632
21,542
(?1,269)
2,862
5,049
2,056
48,756
(10,791)
{14,367)
23,598
TOTAL FUNDS
307,252
(24,739)
282,513
N¢1 movcmcnl in funds, in¢liidcd in thc <qbov¢ ar¥ ¢iS follows..
Inconiing
resources
Rcsourccg
expend¢d
Movcmcnt
Unrestricted funds
General fiind
52,207
(66,155)
(13,948)
Restrlcted funds
Wiiiier of Wellbeiiig
YSG Day Emotional Wcllbciiig,
YSG Evcning Eni()lional Wcllbcing
Bridgend Coiiiily Borough Council
(Busincss Finaiicc Siipport)
Bridgend County Borough Council {Third
Sector Siipport)
Mooiidaiice Foundation
Neighbourly- Wami Hub Fund
Voluntary Youth Suppori Scheme
(313)
(968)
(191)
{3131
(9681
(191)
600
600
3,439
3,439
{21,269}
2,862
5,049
(21,269)
(5,198)
8,060
5,049
17,148
(27,939)
(10,791)
TOTAL FUNDS
69,355
(94,094}
124,739)
Pag¢ 14
continu¢d...

KPC YOUTH & COI¥IMUNITY
NOTF.S TO THE FIPIANCIAL STATENIINTS - continued
FOR THE YEAR EINDED 31 MAIICH 2024
16.
IVIOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in fuiids
TL'aiisfers
betwecn
funds
At
3113123
Al 1141?2
Unrestrlcted funds
General fiind
Designated Fixed Assets
279,247
{21,149)
(108,3811
108,779
149,717
108,779
279,247
(21,149)
398
258,496
Restricted funds
Wiiilci- of WLllbciiig
YSG Dciy Emotional Wellbeing
YSG Evcniiig Eniotional Wellbeing
Capit<11 Gi'aiil Coniputers & Music
Capital Gi'aiil Cafe
Capital Gi'aiit - Play Park
SirLC't G<ini¢'s Cc1 pil¢il Graiit {Gym
eqLiipmenll
Bridgei)d Couiity Boroiigh Coiincil
{Biisii)ess Fii)¢lllCC Siipport>
R¢sli-iclcd Fixed Assets
Mooiidi( iicc Fouiid£ilioii
1,244
2,802
2,907
1,489
2,811
7,25
1931)
{1,834)
{2,71C))
313
968
191
{1,489)
(2,811)
7,250
10,000
{10,0001
2,500
2,500
13,902
13,902
23,632
18,503
30,1)51
{398)
48,756
TOTAL FUNDS
297,750
9,502
307,252
Page 15
continued...

KPC YOUTH & CONIMUNITY
NOTES TO THE fiiNAPyCIAL STATEIllENTS - eontinued
FOR THE YEAR ENDED 31 MARCH 2024
16.
IOVEMENT IN FUYDS- continued
Coniparative nel movement in tunds. included iii the above are as follows-
liiconiing
resources
Resources
expended
Movenient
in ￿1]dS
Unrestricted funds
Gciier1¢ I fiiiid
38,297
(59,446)
(21,149)
Rtstrlcted funds
Wiiil¢i' of W¢llbciiig
YSG Day Emoli(Trnal Wellbciiig
YSG Evening Eniolional Wellbeing
Sii'eel Games- Capital Grant (Gym
cquipmciil)
Bridgeiid Couiily Boi'ough Couiicil (Service
Siipport)
Bridgciid Couiily Boi'ough Couiicil
(BiisinLss Fiii4?IILC Supp()i'tl
Bi'idgTci)d Coiiiity Boroii&yh Couiicil IThii'd
Sector Siipporl}
SLinimci' ol. Fuii (CYWVS)
Siin]ni¢r ot. Fun (BCBC)
Siininicr of FLLI) (Coi'iiclly Comniiinity
Couiicil)
BAVO - SilL trip tund
BAVO - Fooib<l11 Event Fuiid
Waiin Baiik Fuiid
Mooiidaiice Fouiidatioii
(932)
{2,414)
{7,037)
{9311
(1,834)
(2,716)
580
4,321
10,000
10,000
6,400
16,400)
11,028
{8,528)
2,500
3,000
4,151
1,970
(3,000)
(4,1511
(1,970)
2,701
600
500
500
23,632
{2,701)
(CIOO)
(50n)
1500)
23,C)32
69,384
(38,733)
30,651
TOTAL FUNDS
107,681
(98,179)
9,502
Page 16
continued...

KPC YOUTH & CONIMUNITY
NOTES TO THE FlTriANCIAL STATENIF.NTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
16.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months conibined position is as follows..
N¢1
movcnienl
in funds
Tralisfers
bctween
funds
Ai 114122
3113124
Unrestricted funds
Geiieral tund
Dcsignaled Fixcd Ass¢ls
279,247
(35,097)
(88,854}
103,619
155,296
10.3,619
279,247
(35,097)
14.765
258,915
Restrlcted I'unds
Ivinler of Wellbeiiig
YSG D<iy Emoiion¢l1 Wellbeing
YSG Evening Eniolional Wellbeing
Capital Graiit Con)piilLrs & Music
Capil<11 Graiit Cafe
Ciipil<il Grliiil - Play Park
Sii-ccl G1¢ niL's C<lpil<l1 Graiil (Gym
eqliipmciit)
Bridgeiid CoLlllty Borough Couiicil
(BLisin¢ss Fiii&iiiC¢ Support)
Bridgyciid Couiily BoroLIL,h Couiicil (Third
Sector Slipporll
Rcstricicd Fixcd Asscts
Mooi)daiice FoLiiid2( lioii
Ncig,hboiirly - W<2rni Fliib Fiiiid
Voliiiilciry Youth Slippori Scheme
1,244
2,802
2.907
1,489
2,811
7,250
11,244)
12,802)
12,907)
11,489)
(2,811)
(7,250)
10,000
I i o,000}
3,100
(3,100)
3,439
{3.439)
21,542
(2,363)
(806)
(5,049}
21,542
2,3()3
2,8()2
5,049
2,056
18,5n3
19,8CIO
(14,765)
23,598
TOTAL FUNDS
297,750
(15,237)
282,513
Page 17
continued...

KPC YOUTH & CONIMUIIITY
NOTES TO THE FINANCIAL STATEIIIENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
16.
IOVEMENT IN FUNDS- continued
A current year 12 nionths and prior year 12 months conibined nct niovcmcnt in fiiiids, included in the above are as
follows..
IIicoTning
resources
Rcsources
expended
Movcmcnl
in fuiids
Unrestrlcted (unds
General fiind
90,504
1125,601)
(35,097}
Restricted funds
Wiiilci- of Wcllbeiiig
YSG Day Emotional Wellbeing
YSG Eveiiiiig Eniolion<l1 WcllbLiiig
Sirecl Ganics - Capital Graiit {Gym
cqiiiptneiill
Brid&iend Couiily Borough Couiicil (Service
Siippoi'l)
BridgF¢iid Coiinly BoroiiL,Ii Coiincil
(Biisiiicss Fiii<qliC¢ Siipporll
Bridgend Couiily Boi'ough Coiiiicil ITliird
Sector Siipportl
Siin]mei' ot. Flin ICYWVS)
SLininici' of Flin {FJCBC)
Siininier of Fun {Cornclly Comniiinity
Couiicil)
BAVO - Sitc ti'ip fLiiid
BAVO - Fooib¢ill Event Fuiid
W421'm Bi( lik Fiiiid
Mooiidaiice Found<ilioii
Ncigliboui'ly - W<irni Hlib Fuiid
Voluiilary Youili Support SLhcmc
(1,2451
(3,3 $2)
(7,228)
(1.244)
{2,802)
(2,907}
580
4,321
10,000
10,000
6,400
(6,4001
Ll,628
(8,528)
3,100
6,439
4,151
1.970
{3,000)
{4.1511
(1,970)
3,439
2,701
600
500
500
23,632
8,060
S,049
(2,701)
(C)00)
(500)
(500)
(21,269}
(5,1981
2,363
5,049
86,532
(66,672)
19,860
TOTAL FUNDS
177.036
(19?.273)
115,2371
Restricted funds
Rcsti'icled funds rcpi'cscnl bcllc111CCS hcld lo fuiid futtire projects wliere the resources have been received and are
requircd by thc doiiors to tuiid a specific project.
Transfers between fund5
Transfers belwe¢ii fiind.s al'is¢ whcrc iinrLslrictcd fiiiids have bccn u5cd lo flind sliortfalls in rcslriclcd projects. The
frcL rcsci'vcs <irc availablc to provide fuiids lo cashflow projects fiinded on a retrospective bi£ sis aiid are availablc
with the approval of th¢ Irusl¢cs to flind any expenditiire oli projects or expenses wliich fall within the organisalions
general aims and objectives. They are accumulated in accordaiice with the reseive policy as stated ii) thc Trustee
R¢porl.
Activities undertaken within each major restricted fund
Thc rcslrictcd thiids of the charity have been applied during the year or are held for future expenditur¢ in Ihc
following area..
Page 18
conlinued..

KPC YOUTH & COI,IMUNITY
INOTES TO THE FINANCIAL STATEI¥IENTS- continued
FOR THE YEAR EYDED 31 MARCH 2024
16.
IOVEMENT IY FUNDS - continued
Winter of Wellbeing
Siipport ot wellbeing/nieiital healili of yoiing p¢opl¢.
'SG Day Emotional Wellbein
Support ot'wcllbciiiglmenlal hcallh of youiig people.
YSG Evening Emotional Wellbelng
Support of wcllbeii)glnieiital healtli of young people.
Capital Gr&nt- Play Park
Impi'oviiig) facililics al KPC Youth & commuiiily ceiiti'e.
Bridgend Count}, Borough Council (Business Flnance Support)
This was covid suppoit tundiiig to help support the costs ol. the c¢nlr¢ Ihrougli the P<qndemic,
Bridgend County Borough Council (Third Sector Grllnt)
Support of wcllbciii&F/mLnlal hcalih of'youiiL' people.
Moondance Foundation
This was to fuiid a sciiior ai)d youth worker salary cost.
Nelglibourly - Warin Hub Fund
This is P<irt of Ilic N(IIioii£l1 Gi'lds Community Mallers Fuiid, and was lo fuiid warni packs for disii-ibulioii iii Ihe
cornmunily.
Voluntarv Youth Support Sehem¢
This WLlS to coiilribulc lo tlie core costs of the organisalioii lo eiiable tlie coiitiiiiied provisioii of youth woi'k
oppoi1uiiiliLs.
17.
RELATED PARTY DISCLOSURES
There were no i'elaled party traiisaclions for tlic ycar cndLd 31 March 2024.
18.
ULTIIMATE COYTROLLING PARTY
Thc iiltin)atc controlling party is the Board of Tnislee5.
The liability of the members is liniiled to £1 duriiig niembersliip, oi. wiihiii one year c1fter re5igii¢1tion, as niay be
rcqiiircd on the Occiision of a ivinding lip ot. tlie con)plliiy. There were 4 members al 3 Isl Marcli 2024 (2023..
members).
Page 19
continued...

KPC YOL'TH & COIl,IINIUNITY
OTES TO THE FINANCIAL STATENIEYTS - continued
FOR THE YEAR EINDED 31 MARCH 2024
19.
GIFTS IN KIND
Volunteer tlme
The V1( lue of voluntccr tiinc is not qU¢in¢ified iii lernis of rnoiiey biit the lime coiitributed by voluiit¢¢rs is ali
iiivaluL1ble i'csoul'ce in lemis of tlie oulstaiidiiig ¢onlribiilion mLldv by thcni. Tli¢ number of hours coiilribuled by
volunl¢¢i-s in thc ycar was 1,132 (2023..1,300}.
20.
ANALYSIS OF DESIGNATED FUNDS
Designated tiinds represeiits thc anioiints set aside to write dowi the remaining net book valiie of fixed assets h¢ld
agaiiist iiiwestrictcd fuiids.
2024
2023
Designated fuiids - uiianiortiscd fixed assets
103,619
108,779
Page 20

KPC YOUTH & CO￿lmUNITy
DETAILED STATEfvIENT OF FINAINCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
INCOLVIE AND ENDOWNIENTS
Donations and legacies
Donatioiis
Grants
8,292
24,473
8,533
68,804
32,765
77,337
Otlier trading activities
FundraisingJ evciits
Cafe & charity sliop income
Membersliips
1,542
8,547
6,950
1,034
6,520
6,863
17,039
14,417
Investment income
Dcposil account interest
2,961
1,321
Other Income
R¢i)i & oil)¢i' incom¢ for services providcd
liilangiblc incomc
13,590
3,000
13,566
1,040
16,59
14,60C)
Total Incomlng resources
69,355
107,681
EXPENDITURE
Other tra(ling activities
Fiiiidr<llSiII
Cafc cxpciises
279
8,420
625
5,424
8,C?99
6,049
Charitable activities
Nviigcs
Pciisioiis
Rclt¢s aiid wat¢r
Light and hcal
Telephon¢
Postage and stationcry
Youth Ii'cqining activities
Other operating leases
Suiidry cxpenses
Carried forward
47,272
387
480
4,837
829
628
1,956
2,706
372
59,467
53,790
514
276
2,363
1.146
417
3,312
3,151
1,016
65,985
This page does not form part of the statutory financial statements
Page 21

KPC YOL'TH & CONL IMI UNITY
DETAILED STATELMEIIT OF FILNANCIAL ACTIN'ITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Charitable activities
Bruiig,ht fonviird
Membersliip & licences
Siciff rccruiln]cnt & training
Cleaning
G¢ii¢ral repairs
Conipulcr costs
Suiidry eqliipmcnt
Depreciaiion of laiigiblc fixed assets
59,467
592
92
C)5,985
785
397
1,094
2,704
816
955
12,164
3,662
681
3,007
6,512
75,234
84,900
Support costs
Finance
Bl¢ lik chai'ges
261
273
Other
Iiisui'aiicc
Softw¢irc and pi'inting costs
4,97C)
424
4,119
498
5,400
4,617
Governance costs
Iiidcpciidciil cxamincrs fccs
Bookkccpiii&, fccs
1,500
3,000
1,300
1,040
4,500
2.340
Total r¢sour¢cs expeiided
94,094
98,179
Net (expenditure)Ilncome
(24,739)
9,502
This pag¢ docs not form part of the statutory fiiiancial statements
Page 22