# **Carmarthen Youth Project** ANNUAL **REPORT** 2023-2024 Registered Address: The Clubhouse Friars Park Carmarthen SA31 3AN Tel No: 01267 222786 Registered Charity Number: 1124727 Company Limited By Guarantee Number: 06229911 ## Table Of Contents - **01** Table of contents **02** Chairperson’s report **03** Managers report - **04** About Dr Mz - **05** Meet the team - **06** Our impact - **07** Life Skills and Resilience project - **08** LGBTQ+ Youth group **09** Financial Literacy Project - **10** Transitionz project **11** The Green Experience Project **12** Little Mz Young Parents group **13** Digital Literacy Project **14** Home Ed Hangout group **15** Cooking Project **16** Finance report **17** Funders & Partnerships Page 01 ## Chairpersons Report It is my privilege to present the Annual Report for Carmarthen Youth Project (Dr Mz) for the year 2023 to 2024. The Trustees and I continue to be impressed by the incredible work carried out by our staff across a diverse range of projects throughout the year. Our ability to provide such valuable services is thanks to the unwavering dedication of our staff and volunteers. Thank you! A heartfelt thank you to our Manager, Ali, whose tireless efforts ensure the successful running of our entire project. Our progress would not be possible without the support of our funders, including various national and local organisations that continue to back our work. We are also grateful for the support from local businesses and other local supporters such as Carmarthen Town Council, University of Wales Trinity Saint David, Dyfed Powys Police Crime Commissioner, and Carmarthenshire County Council. Your support enables us to achieve remarkable outcomes for the young people in our community. Special thanks to our Honorary President, Elis James, for his continued promotion and fundraising efforts for Dr Mz this year. The report highlights the diverse projects that engage young people, helping them gain life skills and become adaptable young adults. My deepest gratitude goes out to everyone who contributed to another successful year. Thank you ,Jane Page 02 ## Managers Report I am honoured to have been confirmed as CEO of DrMz in September 2023. After 9 years as Finance and Facilities Manager, I’ve witnessed the positive impact we have made on countless young lives. This new role is both a challenge and an exciting opportunity. With our dedicated team and community support, I am confident we will achieve great things. We are proud to report a 50% increase in young people engaging with our services, highlighting the essential role DrMz plays and the growing demand for our programs. Our projects include Cooking, Gardening, Volunteering, and Financial and Digital Literacy. This past year, we launched several new initiatives: **Home Ed Hangout:** A space for home-educated youth to socialise and learn. **16+ Area:** A dedicated area for older youth transitioning to adulthood. **Free Meal Friday Project** : Supported by Community Foundation in Wales, providing nutritious weekly free meals. **Free Pool Table** : Free pool games for members **Art Station** : A permanent space for creative activities. Reflecting on our past years successes, the team are excited for another year of growth, innovation, and meaningful engagement with the young people of Carmarthen and surrounding areas. _Alison Harbor_ Page 03 ## About Dr Mz Dr Mz is a youth drop in centre run by Carmarthen Youth Project for young people aged 8-25. Our objectives are to educate and assist young people through their leisure-time activities. We provide a comfortable, safe, informative and stimulating place for young people to meet. Young people can enjoy good food, a wide range of activities, learn new skills, volunteer and get involved in the various opportunities that the project offers. ## Our Facilities Our drop-in centre is open 5 days a week with free provision for young people aged from 8-25 years old. We have a wide range of facilities including a commercial kitchen and cafe seating, hall and stage with professional sound and lighting, a well-equipped digital suite of PCs and laptops, a quiet room (The Cwtsh) , garden with pizza oven and a classroom. We rent out the space to a wide range of community organisations, who engage with young people in Carmarthen. ## Our Mission Our mission is to promote the best interests of young people in Carmarthenshire by providing safe leisure activities, access to advice, and accredited learning to develop skills. We give young people a voice within the community and promote participation for all young people. We achieve this by maintaining strong relationships with funders, engaging in community fundraising, building networks through communication and social media, and offering a safe drop-in space. Our success is supported by dedicated staff, a committed Board of Trustees, volunteers , our community partnerships and a youth-led approach. Page 04 ## Meet the Team **----- Start of picture text -----**
The Trustees
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Sarah Jenkins Matthew Webster Jane Davies
Management
The Manager
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Nicola Welton Vic Nurton **----- Start of picture text -----**
Alison Harbor
Lead Youth Workers
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www.reallygreatsite.com
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Project Lead Youth Workers Ash Lewis Katy Richards **Youth Support workers** Jack Milsom Chris Monk **----- Start of picture text -----**
Eve Jones
Left 28/9/23
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Youth Support Workers »)\ (GA \ (bad Fe at ee ae \ie py hua a Aled Gustafson Sian Edwards David Kettley-Harding Taylor Roberts Yvonne Thomas Left 26/10/23 **----- Start of picture text -----**
Maria James
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## Volunteers/Young mentors **Volunteers** Leo Smith **----- Start of picture text -----**
Kristina Roscoe
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Kathleen Mcaan Kyle Collingwood Dexter Harbor Alicia White Left 26/10/23 Left 26/10/23 ## Our Impact **We delivered We supported We delivered 499 563 1855hrs Sessions Young people of Youthwork** Our organisation has made a meaningful impact on countless young lives this year. Since April 2023, we have engaged directly with 563 young people—a 50% increase from the previous year. We delivered our services to young people aged 8 to 25, including our junior, senior, LGBTQ+ and home-ed groups. Our commitment to inclusivity ensures every young person finds a welcoming and safe space within our project. Our ongoing success stems from strong relationships with funders and active community involvement. We have engaged young people in fundraising and maintain open communication with families and service providers, building a wide-reaching network that amplifies our impact. Embracing technology, we use social media for fundraising and digital youth work, connecting with young people on their terms and celebrating their achievements. Our dedicated team of staff, volunteers, and a supportive Trustee Board is key to our achievements. Our co-production approach values young voices, ensuring they help shape and lead our programmes. Our success is seen not just in participation numbers but in individual transformations and the empowerment of our young people. Page 06 **----- Start of picture text -----**
Life skills & resilience
a
Sessions
47
No of
participants
120 ° @
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Over the course of the project young people have particpated in volunteering opportunities to gain time credits. Examples of volunteering are litter picks within the community, gardening at the centre, cooking and the hours they put in to creating the christmas eve boxes to donate to the foodbank. They decorated boxes, made items to go in the boxes and created 20 to hand out to under priviliged children. 8 young people completed their first aid training,over 50% took part in health and wellbeing activities and 8 young people volunteered at our table top sale. The project has allowed the group to gain new skills, to organise events and to be present in their communities. Page 07 **----- Start of picture text -----**
+
LGBTQ Group
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Sessions
S .
a| 53
~°
f “4
No of
.);
a A participants
31
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We have done many activities over the past year including trips to the climbing wall, many sessions at the centre including a comic drawing workshop with a local artist and we went to swansea pride, the highlight was taking the group to wrexham to participate in the pride youth games. Here they tried out new sports, made friends from across the uk and also for some was their first time away from home. Page 08 **----- Start of picture text -----**
Financial Literacy
Sessions
52
No of
participants
89
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This year, we launched our Financial Literacy Project with the goal of equipping . . young people with financial skills and boosting their confidence in handling money. Through a mix of activities, workshops, and challenges, our young people have gained valuable insights and practical experience in managing finances. Young people have taken part in various activities, including interactive workshops, money games, and fundraising. A small team of young entrepreneurs have formed, participating in fundraising by creating products to sell at market stalls and establishing a Vinted charity shop that generates income from selling second-hand clothes. We collaborated with the Digital Literacy Project to deliver Barclays Lifeskills workshops, focusing on topics like Budgeting and Financial Fraud. These sessions have helped young people think about managing their money and staying vigilant against financial risks. A popular feature of the project has been our Saturday financial challenges, especially those centred around food. Themes such as *Cook a Two-Course Meal for £5* and *Recreate a Takeaway on a Budget* have been a hit! The young people have worked together to select recipes, shop for the most costeffective ingredients, calculate per-portion costs, and then enjoy the meal they prepared. These activities have not only taught them about budgeting but have also encouraged teamwork, resourcefulness, and creative thinking. **----- Start of picture text -----**
Transitionz
et
Sessions
44
No of
participants
105
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The Transitionz project has had a highly successful year, with a 38% increase in membership. As a group, we have been developing skills for independence including travelling by train, budgeting money and cooking. Young people have taken part in a variety of centre-based activities, including crafts, games, and film days. Our members have been involved with community projects such as litter picks and care home visits, and made homemade gifts to add to Christmas boxes to be donated to Carmrthen foodbank. Members enjoyed educational and recreational trips to St Fagans, Dan Yr Ogof, a trampoline park, and the cinema. We marked World Earth Day and the Coronation with themed sessions to learn about important global events. Nature activities, such as riverside walks and seasonal sessions at Abergwilli Museum, helped connect members with the outdoors. Young people learned about sustainability by taking part in a toy swap and learned about growing and looking after fruit and vegetables in the Dr Mz garden. Page 10 ~~a~~ The Green Experience **Sessions 18 No of participants 94** We saw the end of our Green Experience project in October and our two ¢ ae© — young apprentices transition onto paid work. During the second half of the project, the trainees and staff went on training courses to learn how to work with green wood and how to graft apple trees to create more fruit trees for the Dr Mz garden. The Green Experience worked with groups of young people from all ages at Dr Mz, delivering a session to 40 young people aged 5-8 where the children learned how to make recycled newspaper pots and planted sunflower seeds in them to take home. Young people helped to design, plant and maintain the garden and enjoyed lots of activities in the garden space over the summer including making butterfly feeding stations. Green experience mentors, helped young people to make planters out of reclaimed pallets which were then planted up with herbs to use in cooking projects. Young people held a fundraiser plant and produce sale, selling young plants, propagated house plants and salad bags grown in the garden. We enjoyed a trip to Foothold in Llanelli over the summer holidays, helping to make a community greenhouse out of recycled plastic bottles. Page 11 **----- Start of picture text -----**
Little Mz .
Sessions
24
No of
:
participants
° °
43
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The Little MZ parent and baby group concluded in October 2023, after offering local parents enriching sessions for both parents and their children for many years. Sessions this year included free play, where parents could share their experiences while their children engaged in play, as well as craft activities that encouraged creativity and bonding. The group organised a visit to the local park and hosted two messy play sessions that introduced the children to sensory-rich activities. The sessions that the parents said that they enjoyed the most were childfriendly cooking sessions, promoting early involvement in food preparation. Page 12 **----- Start of picture text -----**
Digital Literacy
Sessions
85
No of
participants
142
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Our program encompassed several key areas: Gaming sessions created teamwork and communication skills through cooperative play on platforms like Roblox, Minecraft, and Switch, while promoting healthy gaming habits and online safety. Digital media projects included stop-motion animation, video production, and audio recording. Notable achievements were the Waves of Change climate impact animation about Carmarthen and promotional adverts for Dr Mz. Practical skills development focused on digital productivity software (Canva, Google Sheets, Audacity) and social media content creation. Young people learned essential digital marketing and branding skills. A highlight was the PC building project, where participants assembled gaming computers from scratch, gaining technical knowledge and confidence. Digital citizenship sessions covered online safety, ethical technology use, and discussions about AI's impact, ensuring responsible digital engagement. Through these diverse activities, we've equipped young people with vital technical skills and digital literacy for today's technology-driven world. We aim to secure additional funding to continue the PC building project next year. Page 13 **----- Start of picture text -----**
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Home Ed Hangout
Sessions
6
No of
participants ° >
e e
14
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In January, we launched a successful Home Education drop-in group, running 6 trial sessions that welcomed 14 new young people to Dr Mz. The program offered a diverse range of activities including: e Creative projects: cupcake making, badge design, stop-motion animation e Gaming activities: Roblox tournaments e Culinary skills: Pizza making, fruit kebabs, smoothies Social activities: Card games, origami, and consultations on the future of the group. We observed significant personal growth among participants. Many of the young people progressed from being initially reserved to helping others and getting involved. New friendships formed naturally, particularly during collaborative projects like the stop-motion animation. Given the program's success, we've committed to continuing these sessions throughout the year and into next year's term-time offerings. To ensure that we increase engagement with Dr Mz, we're extending summer trip invitations to our home education group, promoting interaction with our regular drop-in participants. This initiative aims to build a more inclusive community at Dr Mz, bridging gaps between different educational backgrounds. Page 14 **----- Start of picture text -----**
—<—<—<—<——K<$— Cooking Project
Sessions
43
No of
participants
111
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Since September 23, the Free Meal Friday provided a reliable source of nutrition for the young people as all of the meals have been home made and packed full of goodness. The Free Meal Friday was able to run 26 sessions throughout the period of September 23 to March 24. 99 individual young people attended, but throughout the time period they attended on many occasions totaling up to 356 times over 26 sessions. Some of the meals that were delivered were home cooked soups using both bought ingredients and ingredients from the garden, there were some fan favourites over the time one being the chicken noodle soup which was like a pot noodle but fully home made using fresh ingredients. The meals throughout were based on the ideas that the young people put forward to us during the consultation that we had with them. They put ideas forward such as steak and chips but sadly it definitely didn't come into the budget that was set in place for each meal. The young people were also given the opportunity to access the Level 1 Food hygiene accreditation during this period. During one of the sessions the young people made home made mayonnaise from scratch using the raw ingredients, there were a few mishaps with the mixture splitting but both the young people and staff managed to make a very tasty batch of mayonnaise with the added extra of garlic which went down well with one of the free meals on a Friday. Page 15 ## Finance Report We have decreased our expenditure on Management and Support cost compared to the previous financial year. This is due to the amalgamation of the Manager and Financial Manager roles . We have also increased our staff costs ,this due to payment in line with the living wage. We have seen a positive increase in our income from room hire in comparison to the previous financial year. We have also seen a decrease in the percentage of grants as a whole in our income from the previous year. This is a positive indicator of the future proofing and sustainable financial plan the organisation has. Page 16 ## Our Funders 23/24 Santander Tesco Groundworks BBC Children in Need Starbucks Nature Hubub Peoples Postcode CFIW Cost of Living Sainsburys Starbust Lidl Hygeine Fund Co-op Community Fund ASDA The Hedley Foundation Fat Face Foundation Millenium Stadium Trust Towy Church Henry Smith Lidl Community Fund CVYWS - VYWOSS CK Supermarket ## Our Partnerships 23/24 Our organisation works closely with many partners to ensure cohesion in the community and the best support and opportunities for our staff and service users. We work alongside the county wide statutory youth services and regularly signpost young people .e to their services. We are affiliated with local and national Voluntary services and access up to date training and support. CCC Youth Services CWVYS - Council of Wales Voluntary Youth Services WCVA - Wales Council for Voluntary Action CAVS - Carmarthenshire Association of Voluntary Services WWAMH - West Wales Action for Mental Health Dolen Teifi Community Transport Sported Carmarthen Town Council University of Wales Trinity St David Foothold Carmarthenshire 50 Plus Network Neighbourly B&Q Local Giving /Give as you Live Tempo and Carmarthenshire Time Credits Network Dyfed Local schools - Primary and Secondary Cegin Hedyn Local Motion Carmarthenshire Young Adult Carers and Young Carers. Carmarthen Food Bank Planed Page 17 REGISTERED COMPANY NUMBER: 06229911 (England and Wales) REGISTERED CHAIUTY IYUMBER: 1124727 REPORT OF THE TRUSTEES AND UNAUDITED FTNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR CARMARTKEN YOUTH PROJECT Clay Shaw Butler 24 Lammas Street SA313AL CARMARTHEN YOUTH PROJECT CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Truste Independent Examiner's Report Statement of Flnan¢ial Aetlvlllei Balanee Sheet 9 to 10 Notss to the Financlgl Ststements 11 to 21 CARMARTHEN YOUTH PROJECT IREGISTERED NUMBER: 06229911) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The tnjSte￿ who are also directors of the charity for the PUTposes of the Conipanies Act 2(K)6, present their with the financial stAtements Df the charity for the year ended 31 March 2024. The In￿teeS have adopted the provisions of Accounting and ReporLing by ch￿ities. Statement of Recommended Pi2ctice applicable to Ch￿ltieS pryarlng their accounts in accordance with the Financial Reporting Stsndard RppliGabLe in the UK and Republic of Ireland (FRS 102) (effective I JanU￿Y 2019). OBJECTIVLS AND ACTIVITIES Objectives and ain Objectives Thc objcctives of the a]ariry are to educate and assist young people through their leisure-time activities so as to develop their physical, mental and spiritual capacities 80 that they may gmw to full maturity ￿ individua15 and members of society and that their conditions of life may be improved. CARlktARTHEN YOUTH PROJECT (REGISTERED NUMBER: 06229911) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHtEvETrf£NT AND PERFORMANCE Ch*ritable Acdvlties Carmarthenshlre Youth Servjee The Partne￿ip with thc C￿artIlen5hIre Youth Saviee continues through a Setvice Level A￿eernellt. Carmartbenshire Youth Service CLLrrently contribute to the Project to providc a youth club twice weekly and they continue to hire the building on a weekly b&8is. A senior youth WO￿ rnanager h&5 a place on the Partnership Board. Unlversity of w￿e$ Trinity St David The University continues to pay for some supervision of stLthnts on pla￿en¢ on an ad_hoc b&8is, A senior lecturer presides as Vice Chair and has a p18ce on the Parthership Boar(L Pren￿8¢8 W¢ were fortunate, in October 2018, to secure fimding froni The CyoJtscJd Weston Foundation's 60th Anniversary Fund and Welsh Government's Community Facilities Prograrmne totalling £300,000 to purch&8e and renovate our Icascd premises. We bouglit the Clubbouse frorn Carrnarthen Athletic Rugby Club in Febnwy 2019 and we have succeeded in fiiture-proofu)g the building. The building rais￿ income through a batanced hire approa¢h prioiitising the needs of local youth otganisations and yOULI8 people. This has helped us to raise unrestricted ￿ndS througb rental of space and raise the profile of the Pmject. In this year, we have hlled the building to CCC Post 16 Team, CCC Youth Services, CCC Disabilities Tear4 Young Adult and Young Carers Projects, QE High School, The Peoples Orchestr4 Spon Arts, P&py￿s, The Rock Project, Adoption UK, L£JcaL Motion And the University of Bristol Maln acdvltl¢$ The Clwity has actively engaged with 563 members delivering 49Y sessions tt]is year for young people from C8rnwthen and Carn]arthenshire via drop in youth club 8essioDs. This does not include those reached tI￿Oll8h our social mcdia posts and activities. The Chartty also organised and delivered a nurnber of fiJndraisxn8 events in the community including Eastcr cheesecake bake sale, Christrnas craft sta]I, pop up produce 8ts11, plant sale and a quiz and curry night. Our Digitsl and Financid Liieracy fjJnded by Santander has had anothcr succ¢ssfvL year with fLmthg continuin8 until May 2025. This year we started our Free Meal Friday project funded by Community Foundation in Wales And will run for 3 ycars. Our Little M'z Grnup (for young parents and pre-school children) came to an end but we managed to conttnue the 8-11 ye8rwold'l'ransitionz Project with som¢ funding from LYVWS. We stsrted a pilot project for holl￿ edwated young people- "Home ed Hangouv, this year Our LGBTQ+ Project Lxyntinucs regularly on Monday evenill&s. Re]Adonshlps wlth other organtsations Our organistttion work5 closely with many partnets to ensure cohesion in the community and the best support and oppottsnities for our staff and 8ervice users. We work aloJJEqidc thc county widE statutory youth sthvices and Tegutarly signpost young people to their services. We e affiliafrd with local and national Voluntary services 8nd ac¢¢ss up to date training and supporL CCC Youth Services CWVYS - Council of Wales Voluntary Youth Services WCVA- Wai¢s Council for Voluntary Action CAVS - Carntsrthenthire Association of VOlun￿Y Services WWAMH . West Wale5 kntion for Mentsl Health Dolen Teifi Comrllunity Trat)sport Sported Carn]then Town Council UThTversity of Wal&8 Trinity St David Foothold Carn]thcnshire 50 Plus Network Neighbourly Local Giving IGive as you Live Tempo and Canjjartbe￿hjre Time Credits Network Dyfed Page 2 CARMARTHEN YOUTH PROJECT (REGISTERED NUMBER: 06229911) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Local Schools - Primary alld Secondary Cegin Hedyn Local Motion Camlarthenshire Young Adult Carers and Young Carers. Carnarthen Food Bank Planed And the following local bUsin&￿eS., Aldi B&Q M&S Carmarthen Cegin Hedyn Li di Morrison'8 Sollr P4nels Carn]arthen Youth Project is benefiting trom ttte feed.in t￿]ff from solar power electricity harvested by th¢ PV soL8r panels fjjllded from Th¢ Rural Developrnent PrOgr￿n￿e8 Zem Catbon initiative. FIIYANCIAL REVIEW FIDAnclal posldon At 31 March 2024 the tharity bad net assets of £4322,386. of which £220,222 was restricted and £202,164 was unrestricted. At 31 March 2024 the fiEe reS￿ve$ of the eharity (unrestticted fi￿d8 less tangible &qsets) are £134,525. Pollcy on reserves Any unspcnt unrestric*d funds al the end of the period will be earried forward and used to either sustain the Charity or to ty and obtain matched funding. The f￿ancial risk assessment has been reviewed and the risks identified are the inability to attract funding for youth worker posts, corc funding for rLU)ning costs and the possible loss of key slaff llwnbcrs. We have reduced this risk through the purchase of our building redu.ing ient costs. The amount to be kept in serve is to be at least £36,700 whid] will give the TTUStees time to ￿SesS bow to scale ￿￿jeCts up or down or how to continue with service delivery for aperiod of up to six months. Investmcnt pollcy The Charity invests its fAJnds in bank deposits and is continually seeking to obtain betterrates of return. Risk Assessment The rnajor risk affecting the Charity is the inability to secure long-tern] sustainable funding. Thi5 is addressed through stt7tegic planning and forccasttns. Fundlng Dwing the year the ch￿lty was succe5sfvI in 5ecurin8 fundins from a mllnber of ￿urCeS. Details are set out in the notes to the awouDts. Pa8e 3 CARMARTHEN YoufH PROJECT (REGISTERED NUMBER: 06229911) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 YUTURE PLANS OUT aims are: To sllp￿rt young people by providing quality staff, a safe place d stimulating activities to improve their resiIience 8nd well-being. To build up unr¢8tricted ftmds through hire of pren)ises and selling of services and to Continue to apply for ￿lldS to inv&qt in the maintenance of th¢ now owned pttmises. To continue to seck to work in pabnership with other organisations to prevent duplication of seryices &nd offer what young people want and nee¢1 To increase the participation of the young people in their community through volunteering and tsking pllrt in events. To attract more young people and engage them in more positive a¢tiviti¢s through continued consultstion with OUT stakeholdets. To continue to raise tbc profile of young people and Dr Mz in our con]munity, Wales and UK wide through networking d sharing our succe8seB andworking towards the Welsh Government Quality Mark in Youth Work. STRu￿uRE, GOVERNANCE AND MANAGEh(ENT Coverning document Cannarthen Youth Project Ltd ( the Charity") is a CA)mpany limited by guarantee incoq)orated on 27 April 2007. It is governed by IL8 Memorandum and Articles of Association, The Ch￿lty took over the operations of an unincorporatcd ch￿lty (Canllarthen Youth Projecl registcred nurnber 1058890) ijn l April 2009. The net as8et5 of that charity were tron8fuTed to the liTrited company on that date. Other name The Charity operates under the name of Dr. M'z Page 4 CARMARTHEN YOUTH PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Recruitment and appolntment of new trustees Board of Trustees The Board of Trustee8 shall number not less than three and not more than 24. At the third and every subsequent Annual Generdl Meeting one-third of the Board shall retire by rotation. If the cP￿lty does not fill die vacancy* tbe retiring trustee shall be de￿ to be reappointed. New trustees The TnLStees approach suitable local candidates with the appropnate 8rn and level ot expertsse. 'llie Manager also actively and openly advertise¥ the opportunitiey for Tru5lLcsIup. New trLtstees will undergo an induction session to brief them on their legal obligations under charity and con￿anY law. the Content of the memO￿nd￿n and Articles of Association, the committee and decision-makxng proces8, the business plan and the recent f]nanciaL pafomwice of the ch￿]ty. During the induction process they will meet key omployees and other t￿stee5. Trustees are required to cornplete Safeguarding TrAininB and encouraged to attend appropriate external training events wheit these will facilitP4te the undertaking of their role. The tnLqtees are nthde aware of the requirement to demonstrate public benefit and they en8ure that they cany out this charity's aims for the public benefit and have acted in regard to the guidance published by the Ch￿lty Commission. Day to d8y management The Managcmcnt Cornmittee which comprises tr￿stee8, project managerl sth)ior lead and other appropriat¢ p¢rBonnel rneet on a quarterly basis to discuss issues and ￿t￿re p18ns. The Clwity is administered and managed by the members of the Management Commitr which shall consist of not less than 6 tnembers and not more 15 being: - honorary office holders of chairperson, vicerychair, secretary and treasurer elected by members from amongst thenuelves at the annual general meeting - not less than 3 and not more than 9 membtts elected at the annual general meeting - up to 3 nominated members appointed from member organisations - up to 3 CL￿opted members appointed by the Management cO￿nittee A rnember of the Management Committee shall cease to hold office if he becomes disqualifiel incapable, is absent from meetings. notifie8 the tNqte&q of hi8 W19h tt) f&8iBn, ce&8es to be a mernber or faiis to declare an interest in a contract of the Ch￿lty. REFERENCE AND ADMINISTRATIVE DETAILS Reglstsred Company number 06229911 (England and Wales) Registered Charity number 1124727 Reglstered offiee The Clubhouse Friars Park Dyfed SA313AN Page 5 CARMARTHEN YOUTH PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Trllstees Ms S P Jenkins (resigned 1.7.24) Mr V NLWton Ms A J Davic8 DrN Welton Ms L Iones Rev M Webster Ms F James-TuTvey (resigned 26.11.23) Company Secretary Mrs A Harbor Independeni Examlner Mark Jones Bsc (Econ) FCA CTA Clay Shaw Butler 24 Lamnw Street Cam)Artben Cannarthenshire SA313AL Approved by order of the board of lTh$tees on ... 11.... . and signed oll its beh￿f by., MrsA 'bor. Secretary Page 6 CARMARTHEN YoufH PROJECT (REGISTERED NUMBER: 06229911) BALANCE SHEET 31 IWARCH 2024 31.3.24 Totsl fijnds 31.3.23 Total fimds Unrcstrictd R¢stiictcd funds fijnds Not&8 FIXED ASSETS Tangible ￿ets 67,639 135,748 203.387 207,800 CURRENT A￿ETs Stocks Debtors Cash at bank and in hand 10 290 22,329 134596 290 21329 204,569 275 6,910 249,683 69,973 157,215 69,973 227,188 256,868 CREDITORS Amounts falling due within one year 12 (8,027) (162) (8,189) (28,696) NET CURRENT ASSETS 149,188 69,811 218,999 228,172 TOTAL ASSETS LESS CURRENT LIABII,ITLES 216,827 205,559 422,386 435,972 NET ASSETS 216,827 205,559 422,386 435,972 FUNDS Unrestricted fun(ts Restricted funds 13 216,827 205.559 1&1,567 271,405 TOTAL FUNDS 422,386 435,972 The chwitable company is entitled to exemption from audit under Sectton 477 of the ComparAie8 Act 2006 for the year nded 31 March 2024. The raenther6 have not required the coMp￿Y to obtsin an audit of it8 financial statements for the year ended 31 Marth 2024 in accordance with Section 476 of the Companies Act 2006. The trnstees acknowledge their T¢sponsibilitie8 for (a) ensuring that the charitsble company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and prepwiTAg finallcial statements which give a ttue and fair view of the state of affairs of the charitable company as at th¢ end of each financial year and of its &LW)lus or deficit for each fuwicial year in accordance with the requirements of Sections 394 and 395 wbicb otherwise comply with the reqll1rem￿ts of the Companies Act 2006 relating to fthancial statements. so far as applicable to the chaTitsble company. (b) The notes form part of these financial staternents Page 9 contilluecL.. CARMARTHEN YOUTH PROJECT (REGISTERED NUMBER: 06229911) BALANCE SHEET - continued 31]KARCH 2024 These financial st&tements have been prepared in occoithnce with the provisions applicable to ￿￿￿table companies subjeot to the Small companies regime. The financial statements We￿ approved by the Board of Trustecs and authoTised for issue ..a.l jJ.l./ l . and were Signed on its behalf by: J Davies-'fnL8tee The not&8 fonn part of these financial stat¢mcnts Page 10 CARMARTHEN YOUTH PROIECT NOTES TO THE FLYANCIAL STATEMENrs FOR THE YEAR ENDED 31 MARCH 2024 AccoifNTINC POLICIES Golng concer The fmmciai statements of the cliaLltable companyi wbith is a public benefit entity under Plis 102, have been prepared in &er£>rdance with the Clwities SORP (FRS 102) 'Accounting and Reporting by ￿arItieS. Statement of Rec<)mmended Prnctice Applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable tn the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK 9J]d Republic of Ireland, and the Compatiies Act 2006. The fitwic1￿ statements have beeu prepared under the bistOLical cost nventiotL The )Mustees Are confident in the ability of the charity to continue in operation for the foreseeable ￿tsjre. TN$tees note that failure to obtain adequa* fi)nding will rcsult in scaling back of operations. The Charity constitutes a pub]ic benefit entity a8 defined by FRS 102. Financial in5trumellts The tru8t only has financiaI assets and financial liabiliti￿ of 8 kind that qualify as b&8ic financial instnllxents. B&sic financial instriments are initially ttcognised at tr8nsa¢tion value and subsequently M￿sured at their 8ettLement value. Income All income is recognised in the Ststement of Financial Activities once the charity entitlement to the fimds, it is probable that the income will be received and the atnount can be measured reliably. Expendlture Liabilities are recognised as expendirure 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 requtrLd in qettlernent and the atnount of the obligation can be measured reliably. Exp￿ditUre 15 accounted for on an acctwais ba$1$ 2nd has been classified und￿. headings that ag£reEate all cogt rel&ted to the category. Where costs GWlllOt be diTeCtty 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 followinE aDuual rates in order to write off each &8set over its c8tinllted ￿sefi life. Freehold propety 2Vo StraiBht Line Fixtures, fittin85 and equipment I￿/. - 25Yo Stizight Line Stoclis StOGks are valued at the lower of cost and nct r¢ali6able value, after making allowance for obsolete and slow rnoving Item5. Taxalion The clwity Is exempt from Corp￿atiOn tax on its ch￿itable activities. Fund aecounting Unrestiicted fimds can be used in accordance with the cl]aritable objectives at the discretion of the tsustees. Restricted fimds can only be used foi" particular restrACted pury)oses within tbe objects of the ch￿lty. ResttictioL8 arAse when Sp￿lfied by the donor or when fill￿S are raised for particularresttirted Pu￿05¢s. Further explanation of the nature and pU￿se of eacb fijnd is included in the notes to the fitwi¢ial statements. Page 11 continue&.. CARMARTHEN YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES- continued Penslon ¢0gts and other post-retlrement benefits The Ch￿￿table company operates a defined contribution pension sd]eme. Contiibutions payable to the ¢h8ritable cotllpanls pension scheme are clwged to the Stat¢m¢nt of Finallcial Activiti&8 in the period to which they relat OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Swnsorships 1630 2,765 NVESTMENT INCOME 31.3.24 31.3.23 Deposit account interest 113 SUPPORT COSTS Gov¢rnance cost5 M811a8ernent Tota18 Youth 40,100 3,900 44.000 NET INCOMEI(EXPENDITURE) Net incornel(expendilAwc) is statcd &fter chargin￿(creditillg).' 31.3,24 31.3.23 Depreci8tion- owned assets Ind4)endent Examiner's fee 5,961 3,030 11,084 2,520 TRUSTEESI REMUNKRATION AND BENEFITS There were no remuneration OT Other benefits for the year ended 31 March 2024 nor for the year ¢nded 31 March 2023. Trustees, expens There were no tntss, cxpenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. Page 12 continue(L.. CARMARTHEN YoirrH PROJECT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 STAFF COSTS 31.3.24 31.3.23 Wa8es aDd salwies Social security costs Other pension costs 160,391 7,225 4,219 171.077 9,156 5,104 171,835 185,337 Key nwiagement personnel received emolull)ellts totalling £28,486 (ineluding employer8, national insurance and pcnsion conttibutions). The averdge monthly number of employees during the year was as follows: 31.3.24 li 31.3.23 12 Pmject Workers Support Workers 12 14 No employees received ernolurnent8 in excess of £60,000. COMPA114TIVES FOR THK STATEMENT OF FINANCIAL ACTIVITIF Unttstrictsd Restricted funds Totsl fimds INCOME AND ENDOWMENTS FROM Don&tion8 and legacies 25,724 194,730 220,454 CbarAtable actfvldeg Youth 29,927 29,927 Other trading activities Investhlent incorne Other income 2,765 2,765 2,491 2.491 Totgl 60,915 194,730 255,645 EXPENDITURE ON Raising fijnds 885 885 CharltAble acdvlties Youth 48,802 206276 255,078 Totsl 49,687 206,276 255,963 IYET INCOME1(ExP￿ND1TuRE) Transfers between funds 11228 330 (11.546) (330) (318) et movement In fllnds 11.558 (11,876) {318) Page 13 continued... CARMARTHEN YOUTH PROJECT NOTFS TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTtVITIES- continued unr￿tilCted Restricted nds fun(ts Total fimds RECONCILL4TION OF FUNDS Total funds brought fonvard 153,012 283278 436.290 TOTAL FUNDS CARRtED FORWARD 164,570 271,402 435.972 TANGIBLE FIXED ASSETS Retained leasehold additions Freehold prop¢rty and fittings Computer equiprnent Totsls COST At l April 2023 Additions 205,808 11.175 105,952 1,548 5,097 328,032 1,548 At 31 March 2024 205,808 11,175 107,500 5,097 329.580 DF.PRECIATION Al l April 2023 Charge for year 12,857 2,738 11,175 92,254 2,497 3,946 726 120,232 5,961 At 31 March 2024 15,595 11,175 94,751 4.672 126,193 NET BOOKVALUE At 31 March 20 190,213 12,749 425 203,387 At 31 March 2023 192,951 13,698 1,151 207,800 10. STOCKS 31.3.24 31.3.23 Stocks 29) 275 Page 14 continue(t.. CARMARTHEN YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 ii. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade debtors Other debtOi'S Prepayments 13,921 8,408 4,871 539 J,500 22,329 6,910 11 CREDrroRS: AMOUNTS FALLINGDUE WITll￿ ONE YEAR 31.3.24 31.3.23 Trade credTtors Social secutlty and other tax Other Creditors 2,824 1,176 393 25.219 3,083 Aecrued expen8e8 4,189 8, L89 28,696 Page 15 continue(L.. CAIIMARTHKN YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 13. MOVEMENT IN FUNDS Net movement in funds TranSf￿S between fimds At 31.3.24 At 1.4.23 Unrestrfcted funds General fimd People's P08tcode Lottery Community Trust Con)murrity Foundation Wales Cost of Living 2023 Santander Cost af Living Gtant l64,567 18,874 284 183,725 20.698 20,698 3,306 (5.565) 3,306 9,098 14,663 164,567 37,313 14,947 216,827 Restrlcted funds BBC Children in Need Co-op C()mmunity Fund Tes¢0 Groundworks Community Facilities Programme National IA)ttery Conllnunity Fund NeiEhbourly CIN Small Grants- Transition￿Little Mz Garfield Weston Santander Sportcd Awards for All, Big Lottery Piincipality Landtill Disposal T￿ Community Schejne Sainsburys Helping Everyone Eat B¢tter Community Grant Fund Comrnunity Connections Progrnmme BBC 1,405 (164) 673 (2,016) (1,710) (38) (6,189) (11,976) (27.959) (560) (5,940) (4,475) 1,674 1,405 4SO 673 135.748 137.764 1,994 40 6,189 11,976 97,499 560 5,940 4,482 (1,681) (284) (14,663) 54,877 (7) 209 756 965 1,489 4,300 (1,489) (4,300) 2,400 2,200 16 2,356 4,437 Foircsters Family Foundalion enry Smith Millenniuni Stadium Charitable Ttvst Lidl Community Fund The Hedley Foundation Starbucks Natu￿ Hubub 2,400 2,200 16 2.356 4,437 271,405 (50,899) (14,947) 205,559 TOTAL FUIYDS 435,g172 (13,586) 422,386 Page 16 continued.. CARTrL4RTHEN YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 13. MOVEMENT IN FUNDS- continued Net movement in funds, includeAI in the above are as follows: Incoming resources Resources expended Movement in fimds Unrestrlcted funds Gcneral fund People's Posteod¢ Community Trust Comrnunity Foundation Wales Cost of Livin8 2023 Santander Cost of Living Grant 54,734 (35,860) 18,874 25,000 (4J02) 20.698 5,000 20,250 (1,694) (25,815) 3,306 (5,505) 104,984 (67,671) 37,3 13 Restrlcted funds BBC Children in Need Co-op Community Fund Tesco Groundworks Con]munity Facilities Fro￿llme National Lottery Community Fund Neighbouriy CIN Srnall Grants- Tran8ition7JLittle Mz Garfield We8ton Santander SpurtLd Award8 for All, BAS Lottery Principality Landfill Disposal T&x Community Scheme Sainsburys Helping Everyone Eat Better ComrnuDity Gtallt Fut Coynmunity Connectio￿8 BBC 30,020 1,028 (28,615) (1.192) (327) (2,016) (1,710) (38) (6.189) (11,976) (52,959) (560) (5.940) (4,475) (32,716) 1,405 (164) 673 (2,016) (1,710) (38) (6,189) (11,976) (27,959) (560) (5,940) (4,475) 1.674 25,000 34,390 4,232 (3.476) 756 (1,489) (4,300) (280) (300) (1,489) (4,300) 2,400 1200 Forresters Family Foundation Henry Smith Millenniurn Stadium Cbaritable Thtst Lidl Hygeine PoveLW 2,680 2,51)0 250 500 (250) (484) Lidl Community Fund Council for Wales of Voluntary Youth SeTvices 16 7,500 2,985 4500 (7,500) (629) (63) The Hedley Foundation Starbucks Nature Hubub 2,356 4,437 116,585 (167,484) (50.899) TOTAL FiiNDS 221,569 (235,155) (13,586) Page 17 coniinued... CARMARTHEN YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS - continued FOR T￿E YEAR ENDED 31 MARCH 2024 13. MOVEME￿ IN FUNDS . ￿ntinUed CompAradves for movement In thnds Net movement in fim