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← Kpc Youth And Community

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 06247822 (England and Wales) REGISTERED CHARITY NUMBER: 1123339

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KPC YOUTH & COMMUNITY

Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

KPC YOUTH & COMMUNITY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 19
Detailed Statement of Financial Activities 20 to 21

KPC YOUTH & COMMUNITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with 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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The trustee report includes the directors' report as required by company law.

OBJECTIVES AND ACTIVITIES

Objectives and aims

KPC Youth was set up in 1998 in answer to the lack of facilities for young people within the socially disadvantaged Cynffig Community of South Wales.

KPC's objectives are:

Public benefit

The Trustees are aware that the Charity has a responsibility under the Charities Act to demonstrate that it has charitable aims that meet the public benefit requirement and are therefore charitable. The Trustees confirm that they have had regard to the Charity Commission's guidance on public benefit and comply with s17 Charities Act 2011 in respect of having due regard to public benefit when considering, planning and implementing the activities of the charity.

FINANCIAL REVIEW

Financial position

During the year, KPC made a small surplus of £5,881 (2024:Deficit £24,739). The trustees and staff are remain aware of this situation and every attempt will be made to increase this surplus further in future years through sourcing new income and careful cost control.

All expenditure has however supported the organizations key objectives.

Total incoming resources for the year were £87,747 (2024: £69,355).

As 2025/26 begins, the charity still faces the challenge of sourcing income to enable the continued delivery of open access youth work and to cover overheads. This remains a significant test for the charity.

Investment policy and objectives

The Board regards secure investment of the reserves as being of primary importance rather than the level of the income generated from them. No one facility holds more than £85,000 which is within the guaranteed banking secured values.

Page 1

KPC YOUTH & COMMUNITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FINANCIAL REVIEW

Reserves policy

The investments and net current assets of £169,197 (2024: £157,352) currently cover the running expenses of £81,866 (2024: £94,094) by approximately 24.8 months (2024: 19.7 months).

With the current level of reserves, it is not anticipated that the charity will breach the charity's reserve policy of holding at least 6 months expenditure in cash or cash equivalents in the short term but income and expenditure will have to be closely monitored. The trustees are addressing the challenges that face the charity and are working to determine the future strategic direction.

During 2025, 6 months expenditure equates to £40,933. Free Reserves as at 31st March 2025 were £133,633. Cash and cash equivalents as at 31st March 2025 are £43,540.

FUTURE PLANS

The landscape of funding has changed considerably, with less funding available and more competition in applications. As the cost-of-living challenge continues, we can see that this continues to impact our fundraising activities. KPC board is continuing to explore options such as the Shared Prosperity Fund and opportunities for better collaboration with other partners or organisations. Once again, the board has another challenging year ahead.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The company is governed by its memorandum and articles od association dated 13th March 2007 as amended on 14th January 2008 and 2nd December 2014.

Recruitment and appointment of new trustees

Three members of the board of directors shall be subject to election or re-election at the Annual General Meeting of the charity. Training is provided to each director as part of an initial induction and, if felt necessary, on an ad hoc basis during their time as directors of the charity.

Decision making

The charity is organised and policy implemented through the board of directors who meet, at least, quarterly. The project manager and senior youth workers attend the executive management meetings to represent the employees' views, in relation to the charity's progress, to the board.

Election of The Board

Three members of the board of directors shall be subject to election or re-election at the Annual General Meeting of the charity. Training is provided to each director as part of an initial induction and, if felt necessary, on an ad hoc basis during their time as directors of the charity.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The charity has designed a series of policies in order to ensure all risks are addressed and operations managed in an efficient manner. There is a rolling programme of review of these policies to ensure that they are all maintained in-line with current operations and regularly reviewed in light of the changing operational and statutory environment.

Environment

The board of directors and employees of KPC Youth, endeavour to reduce the impact of the operation upon the environment and policies have been drawn up to achieve this.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06247822 (England and Wales)

Page 2

KPC YOUTH & COMMUNITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Registered Charity number 1123339

Registered office

Off Pyle Inn Way Pyle Bridgend CF33 6AB

Trustees

P E Lunnon - Chair R G Wallen E P Williams A Hughes

Sharon Palmer - Day to day operations manager (to 20.09.24)

Company Secretary

E P Williams

Independent Examiner

RICHARD IAN KNOYLE ACA FCCA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

Approved by order of the board of trustees on 11 November 2025 and signed on its behalf by:

P E Lunnon - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KPC YOUTH & COMMUNITY

Independent examiner's report to the trustees of KPC Youth & Community ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, 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 Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which 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 Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

RICHARD IAN KNOYLE ACA FCCA

Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

11 November 2025

Page 4

KPC YOUTH & COMMUNITY

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
5,025
Other trading activities
3
16,727
Investment income
4
3,072
Other income
15,893
Total
40,717
EXPENDITURE ON
Raising funds
6,374
Charitable activities
Youth & Community Activities
68,203
Total
74,577
NET INCOME/(EXPENDITURE)
(33,860)
Transfers between funds
16
7,589
Net movement in funds
(26,271)
RECONCILIATION OF FUNDS
Total funds brought forward
258,915
TOTAL FUNDS CARRIED FORWARD
232,644		 Restricted
funds
£
47,030
-
-
-
47,030
-
7,289
7,289
39,741
(7,589)
32,152
23,598
55,750		 2025
Total
funds
£
52,055
16,727
3,072
15,893
87,747
6,374
75,492
81,866
5,881
-
5,881
282,513
288,394		 2024
Total
funds
£
32,765
17,039
2,961
16,590
69,355
8,699
85,395
94,094
(24,739)
-
(24,739)
307,252
282,513

The notes form part of these financial statements

Page 5

KPC YOUTH & COMMUNITY

BALANCE SHEET

31 MARCH 2025

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Stocks
11
Debtors
12
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2025
£
119,197
510
4,557
168,094
173,161
(3,964)
169,197
288,394
288,394
232,644
55,750
288,394		 2024
£
125,161
506
5,977
155,895
162,378
(5,026)
157,352
282,513
282,513
258,915
23,598
282,513

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 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

The notes form part of these financial statements

continued...

Page 6

KPC YOUTH & COMMUNITY

BALANCE SHEET - continued

31 MARCH 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 11 November 2025 and were signed on its behalf by:

P E Lunnon - Trustee

E P Williams - Trustee

The notes form part of these financial statements

Page 7

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial 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 (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

There are no material uncertainties about the charity's ability to continue. The trustees have considered the anticipated income and their expected costs for the forthcoming twelve months and are confident they have sufficient cashflow reserves to meet all liabilities as they fall due.

For this reason, the trustees continue to adopt the going concern basis for preparing the financial statements.

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Buildings - 10% on cost and 2% on cost Outdoor equipment - 5% on cost Computers, furniture & equipment - 20% on cost and 10% on cost

Tangible fixed assets are included in the balance sheet at historic cost less accumulated depreciation. Grant receipts which fund fixed asset acquisitions are taken to restricted funds and the appropriate depreciation charge is made against those funds over the expected useful life of the asset.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

continued...

Page 8

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when 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.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Legal form

The organisation is a company, registered in England & Wales, limited by guarantee and a registered charity.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

2. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
Bridgend County Borough Council
Council for Wales of Voluntary Youth Services
BAVO
Moondance Foundation
Neighbourly - Warm Hub
Pyle Community Council
The National Lottery Community Fund
3.
OTHER TRADING ACTIVITIES
Fundraising events
Café & charity shop income
Memberships		 2025
£
5,025
47,030
52,055
2025
£
3,792
-
-
27,547
385
-
15,306
47,030
2025
£
695
7,249
8,783
16,727		 2024
£
8,292
24,473
32,765
2024
£
4,039
5,714
600
-
8,060
6,060
-
24,473
2024
£
1,542
8,547
6,950
17,039

continued...

Page 9

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

4. INVESTMENT INCOME

Deposit account interest
5.
SUPPORT COSTS
Finance
£
Youth & Community Activities
333
Support costs, included in the above, are as follows:
Bank charges
Insurance
Software and printing costs
Independent examiners fees
Consultancy fees
Bookkeeping fees
6.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Independent examiners fee		 2025
2024
£
£
3,072
2,961
Governance
Other
costs
Totals
£
£
£
5,216
4,870
10,419
2025
2024
Youth &
Community
Total
Activities
activities
£
£
333
261
4,768
4,976
448
424
2,120
1,500
1,750
-
1,000
3,000
10,419
10,161
2025
2024
£
£
5,964
6,512
2,120
1,500

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

continued...

Page 10

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

8. STAFF COSTS

Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Conducting activities
Support staff
Management & administration		 2025
£
39,639
178
39,817
2025
7
1
1
9		 2024
£
47,272
387
47,659
2024
7
1
1
9

No employees received emoluments in excess of £60,000.

The key management personnel of the charity comprise the Centre Manager, Chair and Company Secretary.The total employee benefits of the key personnel of the charity were £5,850 (2024: £14,516).

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
15,617
Other trading activities
17,039
Investment income
2,961
Other income
16,590
Total
52,207
EXPENDITURE ON
Raising funds
5,399
Charitable activities
Youth & Community Activities
60,756
Total
66,155
NET INCOME/(EXPENDITURE)
(13,948)
Transfers between funds
14,367
Net movement in funds
419
RECONCILIATION OF FUNDS
Total funds brought forward
258,496
TOTAL FUNDS CARRIED FORWARD
258,915		 Restricted
funds
£
17,148
-
-
-
17,148
3,300
24,639
27,939
(10,791)
(14,367)
(25,158)
48,756
23,598		 Total
funds
£
32,765
17,039
2,961
16,590
69,355
8,699
85,395
94,094
(24,739)
-
(24,739)
307,252
282,513

continued...

Page 11

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

10. TANGIBLE FIXED ASSETS

COST
At 1 April 2024 and 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024		 Buildings
£
128,749
37,767
2,575
40,342
88,407
90,982		 Computers,
Outdoor
furniture
equipment
& equipment
£
£
131,255
16,664
104,558
9,182
1,493
1,896
106,051
11,078
25,204
5,586
26,697
7,482		 Totals
£
276,668
151,507
5,964
157,471
119,197
125,161

In addition to the assets disclosed above, KPC Youth own land via a restricted covenant with Bridgend County Borough Council. The covenant requires any proceeds received from the future sale of this land to be paid back to Bridgend County Borough Council or reinvested in a new premises at the discretion of Bridgend County Borough council. This land was purchased at a nominal value of £1.

11. STOCKS

Stocks
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Net pay creditor
Pension creditor
Sundry creditors
Accruals and deferred income		 2025
£
510
2025
£
4,557
2025
£
-
215
7
-
3,742
3,964		 2024
£
506
2024
£
5,977
2024
£
221
914
-
749
3,142
5,026

continued...

Page 12

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

14. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 2025
£
2,584
6,473
9,057		 2024
£
2,706
3,964
6,670

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed Assets
Net Current Assets		 Unrestricted
Funds
£
99,011
133,633
232,644		 Unrestricted
Funds
£
99,011
133,633
232,644		 Restricted
Funds
£
20,186
35,564
55,750		 Restricted
Funds
£
20,186
35,564
55,750		 2025Total
Funds
£
119,197
169,197
288,394		 2025Total
Funds
£
119,197
169,197
288,394		 2024Total
Funds
£
125,161
157,352
282,513		 2024Total
Funds
£
125,161
157,352
282,513
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated Fixed Assets
Restricted funds
Restricted Fixed Assets
Neighbourly - Warm Hub Fund
Moondance Community Fund
Music and Drama Grant
Warm Hub Grant BCBC
BCBC Youth Support
TOTAL FUNDS		 At 1/4/24
£
155,297
103,618
258,915
21,542
2,056
-
-
-
-
23,598
282,513		 Net
movement
in funds
£
(33,860)
-
(33,860)
-
385
27,547
8,017
600
3,192
39,741
5,881		 Transfers
between
funds
£
12,196
(4,607)
7,589
(1,356)
(2,441)
-
-
(600)
(3,192)
(7,589)
-		 At
31/3/25
£
133,633
99,011
232,644
20,186
-
27,547
8,017
-
-
55,750
288,394

16. MOVEMENT IN FUNDS

continued...

Page 13

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Neighbourly - Warm Hub Fund
Moondance Community Fund
Music and Drama Grant
Warm Hub Grant BCBC
BCBC Youth Support
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated Fixed Assets
Restricted funds
Winter of Wellbeing
YSG Day Emotional Wellbeing
YSG Evening Emotional Wellbeing
Capital Grant - Play Park
Bridgend County Borough Council
(Business Finance Support)
Bridgend County Borough Council (Third
Sector Support)
Restricted Fixed Assets
Moondance Foundation
Neighbourly - Warm Hub Fund
Voluntary Youth Support Scheme
TOTAL FUNDS		 At 1/4/23
£
149,717
108,779
258,496
313
968
191
7,250
2,500
-
13,902
23,632
-
-
48,756
307,252		 Incoming
resources
£
40,717
385
27,547
15,306
600
3,192
47,030
87,747
Net
movement
in funds
£
(13,948)
-
(13,948)
(313)
(968)
(191)
-
600
3,439
-
(21,269)
2,862
5,049
(10,791)
(24,739)		 Resources
Movement
expended
in funds
£
£
(74,577)
(33,860)
-
385
-
27,547
(7,289)
8,017
-
600
-
3,192
(7,289)
39,741
(81,866)
5,881
Transfers
between
At
funds
31/3/24
£
£
19,527
155,296
(5,160)
103,619
14,367
258,915
-
-
-
-
-
-
(7,250)
-
(3,100)
-
(3,439)
-
7,640
21,542
(2,363)
-
(806)
2,056
(5,049)
-
(14,367)
23,598
-
282,513

continued...

Page 14

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 52,207 (66,155) (13,948)
Restricted funds
Winter of Wellbeing - (313) (313)
YSG Day Emotional Wellbeing - (968) (968)
YSG Evening Emotional Wellbeing - (191) (191)
Bridgend County Borough Council
(Business Finance Support) 600 - 600
Bridgend County Borough Council (Third
Sector Support) 3,439 - 3,439
Moondance Foundation - (21,269) (21,269)
Neighbourly - Warm Hub Fund 8,060 (5,198) 2,862
Voluntary Youth Support Scheme 5,049 - 5,049
17,148 (27,939) (10,791)
TOTAL FUNDS 69,355 (94,094) (24,739)

continued...

Page 15

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated Fixed Assets
Restricted funds
Winter of Wellbeing
YSG Day Emotional Wellbeing
YSG Evening Emotional Wellbeing
Capital Grant - Play Park
Bridgend County Borough Council
(Business Finance Support)
Bridgend County Borough Council (Third
Sector Support)
Restricted Fixed Assets
Moondance Foundation
Neighbourly - Warm Hub Fund
Voluntary Youth Support Scheme
Moondance Community Fund
Music and Drama Grant
Warm Hub Grant BCBC
BCBC Youth Support
TOTAL FUNDS		 At 1/4/23
£
149,717
108,779
258,496
313
968
191
7,250
2,500
-
13,902
23,632
-
-
-
-
-
-
48,756
307,252		 Net
movement
in funds
£
(47,808)
-
(47,808)
(313)
(968)
(191)
-
600
3,439
-
(21,269)
3,247
5,049
27,547
8,017
600
3,192
28,950
(18,858)		 Transfers
between
funds
£
31,723
(9,767)
21,956
-
-
-
(7,250)
(3,100)
(3,439)
6,284
(2,363)
(3,247)
(5,049)
-
-
(600)
(3,192)
(21,956)
-		 At
31/3/25
£
133,632
99,012
232,644
-
-
-
-
-
-
20,186
-
-
-
27,547
8,017
-
-
55,750
288,394

continued...

Page 16

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 92,924 (140,732) (47,808)
Restricted funds
Winter of Wellbeing - (313) (313)
YSG Day Emotional Wellbeing - (968) (968)
YSG Evening Emotional Wellbeing - (191) (191)
Bridgend County Borough Council
(Business Finance Support) 600 - 600
Bridgend County Borough Council (Third
Sector Support) 3,439 - 3,439
Moondance Foundation - (21,269) (21,269)
Neighbourly - Warm Hub Fund 8,445 (5,198) 3,247
Voluntary Youth Support Scheme 5,049 - 5,049
Moondance Community Fund 27,547 - 27,547
Music and Drama Grant 15,306 (7,289) 8,017
Warm Hub Grant BCBC 600 - 600
BCBC Youth Support 3,192 - 3,192
64,178 (35,228) 28,950
TOTAL FUNDS 157,102 (175,960) (18,858)

Restricted funds

Restricted funds represent balances held to fund future projects where the resources have been received and are required by the donors to fund a specific project.

Transfers between funds

Transfers between funds arise where unrestricted funds have been used to fund shortfalls in restricted projects. The free reserves are available to provide funds to cashflow projects funded on a retrospective basis and are available with the approval of the trustees to fund any expenditure on projects or expenses which fall within the organisations general aims and objectives. They are accumulated in accordance with the reserve policy as stated in the Trustee Report.

Activities undertaken within each major restricted fund

The restricted funds of the charity have been applied during the year or are held for future expenditure in the following area:

Winter of Wellbeing

Support of wellbeing/mental health of young people.

YSG Day Emotional Wellbeing

Support of wellbeing/mental health of young people.

YSG Evening Emotional Wellbeing

Support of wellbeing/mental health of young people.

Capital Grant - Play Park

Improving facilities at KPC Youth & community centre.

continued...

Page 17

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

Bridgend County Borough Council (Business Finance Support)

This was covid support funding to help support the costs of the centre through the pandemic.

Bridgend County Borough Council (Third Sector Grant - Youth Support)

Support of wellbeing/mental health of young people.

Moondance Community Fund

This was to fund a Project Development Coordinator's salary cost.

Neighbourly - Warm Hub Fund

This is part of the National Grids Community Matters Fund, and was to fund warm packs for distribution in the community.

Voluntary Youth Support Scheme

This was to contribute to the core costs of the organisation to enable the continued provision of youth work opportunities.

Warm HUB Grant BCBC

To provide a warm and welcoming space during the winter months to tackle loneliness, but also to help those financially less well off to meet other people and have a free hot drink and a bite to eat.

The National Lottery Community Fund Music and Drama Grant

To support music and drama activities for young people in the community.

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

18. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Board of Trustees.

The liability of the members is limited to £1 during membership, or within one year after resignation, as may be required on the occasion of a winding up of the company. There were 4 members at 31st March 2025 (2024: 4 members).

19. GIFTS IN KIND

Volunteer time

The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them. The number of hours contributed by volunteers in the year was 125 (2024:1,132).

continued...

Page 18

KPC YOUTH & COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

20. ANALYSIS OF DESIGNATED FUNDS

Designated funds represents the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.

Designated funds - unamortised fixed assets 2025
£
99,011		 2024
£
103,618

Page 19

KPC YOUTH & COMMUNITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

FOR THE YEAR ENDED 31 MARCH 2025
2025 2024
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 5,025 8,292
Grants 47,030 24,473
Other trading activities 52,055 32,765
Fundraising events 695 1,542
Café & charity shop income 7,249 8,547
Memberships 8,783 6,950
Investment income 16,727 17,039
Deposit account interest 3,072 2,961
Other income
Rent & other income for services provided 14,893 13,590
Intangible income 1,000 3,000
15,893 16,590
Total incoming resources 87,747 69,355
EXPENDITURE
Other trading activities
Fundraising 240 279
Café expenses 6,134 8,420
6,374 8,699
Charitable activities
Wages 39,639 47,272
Pensions 178 387
Rates and water 828 480
Light and heat 3,372 4,837
Telephone 1,031 829
Postage and stationery 370 628
Youth training activities 2,613 1,956
Other operating leases 3,318 2,706
Sundry expenses 342 372
Membership & licences 1,337 592
Staff recruitment & training - 92
Cleaning 1,306 1,221
General repairs 3,267 3,662
Computer costs 830 681
Carried forward 58,431 65,715

This page does not form part of the statutory financial statements

Page 20

KPC YOUTH & COMMUNITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
£ £
Charitable activities
Brought forward 58,431 65,715
Sundry equipment 678 3,007
Depreciation 5,964 6,512
Support costs 65,073 75,234
Finance
Bank charges 333 261
Other
Insurance 4,768 4,976
Software and printing costs 448 424
Governance costs 5,216 5,400
Independent examiners fees 2,120 1,500
Consultancy fees 1,750 -
Bookkeeping fees 1,000 3,000
4,870 4,500
Total resources expended 81,866 94,094
Net income/(expenditure) 5,881 (24,739)

This page does not form part of the statutory financial statements

Page 21