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← Bridgend Carers Centre

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 05372329 (England and Wales) REGISTERED CHARITY NUMBER: 1125921

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR BRIDGEND CARERS CENTRE

Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

BRIDGEND CARERS CENTRE

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

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cash Flow Statement 9
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 25
Detailed Statement of Financial Activities 26 to 27

BRIDGEND CARERS CENTRE

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).

Objects

The charity's objects as stated in the governing document are:

(i) to alleviate the conditions of life of carers in necessitous circumstances who care for the sick, disabled, mentally ill, frail, elderly or otherwise infirm, by any means that is charitable, within the Bridgend County Borough area.

(ii) to undertake any necessary education work related to carers.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The support provided aims to alleviate stress and isolation for all carers by providing short breaks, information, advice and assistance. This includes signposting to services, help to maximise benefits, legal advice and the promotion of carers' assessments.

Social Services and Well-being (Wales) Act 2014 has strengthened this requirement and objectives of the charity's role as a preventative service to improve wellbeing, avoidance of carer stress, burden, isolation and crisis.

Bridgend Carers Centre raise awareness through diverse mediums including newsletters, leaflets, publicity, the Bridgend Carers Centre website, social media and information networks and also through physical promotion.

As a charity Bridgend Carers Centre has developed a three-year Strategic Plan until 2025 giving clear reference to the aims and objectives of the charity plus an Action Plan of the key priorities. The Board of Trustees review the progress made against the strategic plan annually, in addition to monitoring actions every six weeks. The charity has also produced a Sustainability Plan and Marketing Plan to ensure that future services are secure and promoted widely to reach unidentified carers across the Borough.

The Carers Centre works to research future funding opportunities, which will help to develop a way of improving the monitoring of outcomes for carers. We know we make a difference to carers' lives but are also aware that this needs to be better evidenced in a way that meets the high demands of funders. To achieve this, we work with Dizions - Charity Log and Carers Trust to support improved evidence of impact measurement and social return on investment. This platform will support effective decision-making and ensure we are working to improve outcomes for beneficiaries.

We have continued to develop outreach services in a number of geographical areas, maintained and increased our digital presence and means of communication through social media, making support and information more accessible. We continue our activities including carers walks, exercise classes, holistic therapies, Carers Choir, spa days, craft activities, counselling, carers trips, carer support groups, carers luncheons, life coaching and individual grants for carers to access a break specific to their needs. These opportunities are funded via a number of funders, mainly through Welsh Government via Carers Trust (Amser Scheme) focusing on all carers but with a specific target on reaching male carers, parent carers, young carers, working carers and young adult carers through face to face and online group sessions to improve accessibility.

Objectives & activities

Information

Our information and advice service has continued to develop and improve throughout 2024/2025 by directly supporting carers through face to face, telephone, email, website, post and social media, online peer support through Zoom and WhatsApp.

Volunteers

The inclusion of volunteer roles within the Centre is crucial especially for roles within our Board of Trustees, at the weekly Community Café and a number of carers groups. The charity would like to give thanks to all the volunteers for their support and commitment.

Public benefit

When reviewing these objectives, the trustees have considered the guidance issued by the Charity Commission on public benefit and the activities described below illustrate how the charity has furthered its purposes for the public benefit.

Page 1

BRIDGEND CARERS CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Bridgend Carers Centre has worked with new and existing funders who have provided vital funds for the charity, enabling us to fulfil and achieve our mission and vision. We have delivered a wide range of support and services for carers across the Bridgend borough, addressing their needs and improving their physical, emotional, social and financial wellbeing. All activities are monitored closely by the trustees and by the stakeholders and funders.

The charity focuses on identifying and recognising existing and new carers through outreach work, awareness raising and being a visible presence at GP surgeries, schools and colleges, hospitals, leisure centres, supermarkets and other community-based services across the borough. We continue to publicise and market our services to carers and professionals across several social media platforms, a dedicated website, and by distributing quarterly newsletters online and throughout the community.

During the year, we have continued to provide information and advice to carers over the telephone, face to face, email and online support. The support provided is always person centred, identifying and focused on the needs of carers, responding and addressing their needs.

There are 9,225 carers on our database including former carers, receiving information by post, phone, text or email. We had meaningful engagement with 1700 carers during this period.

Analytics for social media (01/04/24 - 31/03/25)

677 new carers have been identified this year and added to our database.

Highlights include:-

Page 2

BRIDGEND CARERS CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FINANCIAL REVIEW

Financial position

The charity reported a net Surplus position of £109,008 for the year ended 31 March 2025.

Risks

The main risk to the charity is that we fail to sustain the charity by not maintaining future funding from existing or identifying new grant providers. Significant work has been done to diversify income, and we continue to source funders from many different sources. A further challenge is the short term nature of many of our funding projects and we recognise the impact this would have on carers as well as staff delivering the service. We have worked hard to maintain the reserves so we can survive to support carers at a reduced level whilst attempting to seek further funding from elsewhere.

Factors likely to affect financial performance These would include: Loss of funding Increase in funding Loss/improvement of reputation Loss/ appointment of new or key trustee roles Increase/decrease in outcomes for carers Employ a marketing officer Improvement impact monitoring

Principal funders

Bridgend Carers Centre would like to thank and acknowledge the principal funders, Cwm Taf Morgannwg Health Board, Bridgend County Borough Council, Carers Trust UK, Welsh Government, Garfield Weston, Shaw Foundation, Macmillan Cancer Care, Children in Need, St James Place, Waterloo Foundation, Moondance, Wales and West Utilities and all those who have made financial contributions in donations and fundraising.

Going concern

The charity has increased its workload and are working towards sustainability of continued funding and its overall service for years to come. The trustees believe that the charity has sufficient reserves to continue activities for the foreseeable future and have therefore continued to adopt the going concern basis for the preparation of the financial statements.

Reserves

The total funds of £271,705 (2024: £162,297) include £87,774 (2024: £91.743) which is held for restricted purposes.

Free reserves at the 31 March 2025 were £180,853 (2024: £68,176).

Net income totalled £728,555 (2024: £625,099) of which £560,189 (2024: £508,367) was for restricted purposes.

Expenditure totalled £619,547 (2024: £589,569) of which £564,158 (2024: £495,562) was for restricted purposes.

The charity has estimated that the level of free reserves required to cover working capital requirements, day to day running costs, without the need for bank borrowing, to be £89,000. This figure also takes into consideration the funds required to cover redundancy costs should the charity not be able to obtain future funding. The Company Secretary and the Treasurer meet regularly to assist the charity with its financial management systems

The charity will continue to seek additional funding to support the increasing demands on its services as it becomes even more widely recognised and used, and to enable the development of new services to meet the needs identified. Increased fundraising efforts have assisted in the building up of additional free reserves.

Page 3

BRIDGEND CARERS CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FUTURE PLANS

Actions that the charity needs to continue to make progress in the coming year include:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a company limited by guarantee and a registered charity and is governed by its Memorandum and Articles of Association.

Recruitment and appointment of new trustees

Appointment of trustees is either by the charity annual general meeting or by the other trustees, as laid down in its formal procedures.

Organisational structure

Fifteen staff are managed by CEO. The Team has a part time Deputy CEO, a Young Carers and Young Adult Carers Manager and a Parent Carers Senior role offering an organisational structure of command and decision making. The Administrator (Company Secretary) and CEO are part of the Management Board which reports to and implements decisions made by the Board. The Administrator gives financial reports and CEO reports on the activity at the Centre. Further decisions are made at sub group level - Financial Planning Sub Group, HR Sub Group, Policy Sub Group, Friends of Bridgend Carers Centre Fundraising Group. They bring recommendations to the full Board. Any purchase over £1000 has to be sanctioned by the Board.

Induction and training of new trustees

New trustees spend time at the Carers Centre with both staff and carers to become familiar with the Centre's activities and ethos as well as the responsibilities of trustees. The CEO works closely with all trustees to ensure they have a clear understanding of the charity's objectives and aims, and how these are achieved. They gain a wider understanding of the national picture through the Carers Trust network and through Carers Wales initiatives and also are kept up to date with current legislation which is relevant for carers, and which will have a marked influence on the way we work with carers and progress new initiatives. The trustees, the CEO and the Company Secretary participate in training opportunities provided by the Wales Council for Voluntary Action, Bridgend Association of Voluntary Organisations, Carers Trust, Carers Wales, Bridgend County Borough Council, Charities Commission, Companies House and other relevant organisations to ensure all obligations are met in relation to the charitable governance of the Carers Centre. Trustees regularly participate in the activities of the Carers Centre to maintain their understanding of the issues faced by carers; the work of the staff team and any new developments being undertaken.

Wages of key management personnel and for all staff have been set by the BCBC pay scale - National Joint Council (NJC). We set our wages in line with these scales. Any issues including wage reviews are discussed by the HR Sub Group who meet every six weeks and report back to the Trustees Board Meeting.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05372329 (England and Wales)

Registered Charity number

1125921

Registered office

Bethlehem Church Life Centre Bryn Glas Bryn Glas Cefn Cribwr Bridgend CF32 0AA

Trustees

Mrs M Davies Mrs C Colman Mrs C Clarke Mrs E Owen

Page 4

BRIDGEND CARERS CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Company Secretary Mrs S G Evans

Independent Examiner

Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA ihvlas Approved by order of the board of trustees on ............................................. and signed on its behalf by:

Mrs S G Evans - Secretary

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRIDGEND CARERS CENTRE

Independent examiner's report to the trustees of Bridgend Carers Centre ('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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

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

  2. 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

  3. 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.

Michael Jones FCCA

Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

Date: 11 November 2025

Page 6

BRIDGEND CARERS CENTRE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 23,003 7,786 30,789 63,194
Charitable activities 5
Grants and contracts 80,000 547,576 627,576 545,738
Donations 100 2,350 2,450 8,951
Other trading activities 3 2,986 2,477 5,463 5,536
Investment income 4 2,864 - 2,864 1,880
Other income 59,413 - 59,413 -
Total 168,366 560,189 728,555 625,299
EXPENDITURE ON
Charitable activities 6
Expenditure on charitable activities 55,389 564,158 619,547 589,769
NET INCOME/(EXPENDITURE) 112,977 (3,969) 109,008 35,530
RECONCILIATION OF FUNDS
Total funds brought forward 70,954 91,743 162,697 127,167
TOTAL FUNDS CARRIED FORWARD 183,931 87,774 271,705 162,697

The notes form part of these financial statements

Page 7

BRIDGEND CARERS CENTRE

BALANCE SHEET 31 MARCH 2025

2025 2024
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 12 3,078 - 3,078 3,878
CURRENT ASSETS
Debtors 13 - 16,500 16,500 38,321
Cash at bank and in hand 185,508 71,274 256,782 152,210
185,508 87,774 273,282 190,531
CREDITORS
Amounts falling due within one year 14 (4,655) - (4,655) (31,712)
NET CURRENT ASSETS 180,853 87,774 268,627 158,819
TOTAL ASSETS LESS CURRENT LIABILITIES 183,931 87,774 271,705 162,697
NET ASSETS 183,931 87,774 271,705 162,697
FUNDS 15
Unrestricted funds 183,931 70,954
Restricted funds 87,774 91,743
TOTAL FUNDS 271,705 162,697

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

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 11 November 2025 and were signed on its behalf by:

............................................. MK Somes M Davies - Trustee

The notes form part of these financial statements

Page 8

BRIDGEND CARERS CENTRE

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 101,708 (13,232)
Net cash provided by/(used in) operating activities 101,708 (13,232)
Cash flows from investing activities
Purchase of tangible fixed assets - (2,974)
Interest received 2,864 1,880
Net cash provided by/(used in) investing activities 2,864 (1,094)
Change in cash and cash equivalents in the
reporting period 104,572 (14,326)
Cash and cash equivalents at the beginning
of the reporting period 152,210 166,536
Cash and cash equivalents at the end of the
reporting period 256,782 152,210

The notes form part of these financial statements

Page 9

BRIDGEND CARERS CENTRE

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2025 2024
£ £
Net income for the reporting period (as per the Statement of Financial
Activities) 109,008 35,530
Adjustments for:
Depreciation charges 801 2,093
Interest received (2,864) (1,880)
Decrease/(increase) in debtors 21,820 (36,895)
Decrease in creditors (27,057) (12,080)
Net cash provided by/(used in) operations 101,708 (13,232)

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24 Cash flow At 31.3.25
£ £ £
Net cash
Cash at bank and in hand 152,210 104,572 256,782
152,210 104,572 256,782
Total 152,210 104,572 256,782

The notes form part of these financial statements

Page 10

BRIDGEND CARERS CENTRE

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.

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.

Fixtures, fittings and equipment - 25% on cost

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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash at bank and cash in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Short term creditors are measured at transaction price.

Provision for liabilities

Provisions are recognised when the company has a present obligation (legal and constructive) from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

Functional and Presentation Currency

The company's functional and presentation currency is pounds sterling.

Financial Instruments

Page 11

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BRIDGEND CARERS CENTRE

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

1. ACCOUNTING POLICIES - continued

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Trade debtors, loans and other receivables that have fixed or determinable payments that are not quoted in an active market are classified as 'loans and receivables'. Loans and receivables are measured at amortised cost using the effective interest method, less any impairment.

Interest is recognised by applying the effective interest rate, except for short-term receivables when the recognition of interest would be immaterial. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating the interest income over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts through the expected life of the debt instrument to the net carrying amount on initial recognition.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including trade and other payables and bank loan that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into, An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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BRIDGEND CARERS CENTRE

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

1. ACCOUNTING POLICIES - continued

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Going concern

After reviewing the company's forecasts and projections, the trustee's has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

2.

3.

4.

5.

DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
2025 2024
£ £
Donations 25,681 63,034
Gift aid 4,868 -
Memberships 240 160
30,789 63,194
OTHER TRADING ACTIVITIES
2025 2024
£ £
Fundraising events 5,463 5,536
INVESTMENT INCOME
2025 2024
£ £
Deposit account interest 2,864 1,880
INCOME FROM CHARITABLE ACTIVITIES
2025 2024
Activity £ £
Grants Grants and contracts 627,576 545,738
Other income Donations 2,450 8,951
630,026 554,689
Grants received, included in the above, are as follows:
2025 2024
£ £
Macmillan Cancer Support 532 21,483
Other Grants 7,060 4,600
Carers Trust Grants 197,050 211,402
Waterloo Foundation 55,000 25,000
BBC Children in need 27,987 12,707
St James Place Charitable foundation - 5,000
BCBC Grant 15,000 6,000
Armed Forces Covenant Fund 36,941 11,430
Moondance Foundation 49,333 46,319
The Edward Gostling Foundation - 10,000
The Postcode lottery 50,000 -
Cwm Taf Morgannwg Regional Partnership Fund (RIF) 57,750 88,812
Wales & West utilities - 25,000
Principality Community fund in Wales 8,800 8,800
Carried forward 505,453 476,553

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BRIDGEND CARERS CENTRE

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

5.

6.

7.

8.

INCOME FROM CHARITABLE ACTIVITIES - continued

INCOME FROM CHARITABLE ACTIVITIES - continued
2025 2024
£ £
Brought forward 505,453 476,553
Shaw Foundation 29,864 1,500
Valley Kids - 33,527
Awards for All - 19,993
National Autistic Society Boshier Fund - 5,000
BAVO 480 9,165
Global Make some noise 33,700 -
Old Carers Wellbeing 10,932 -
Garfield Weston Funding 30,000 -
Young Carer Grant 17,147 -
627,576 545,738
CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 7) Totals
£ £ £
Expenditure on charitable activities 550,906 68,641 619,547
SUPPORT COSTS
Support
Other costs Totals
£ £ £
Expenditure on charitable activities 62,796 5,845 68,641
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2025 2024
£ £
Depreciation - owned assets 800 2,093

9. 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.

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BRIDGEND CARERS CENTRE

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

10. STAFF COSTS

11.

STAFF COSTS
2025 2024
£ £
Wages and salaries 346,593 360,002
Social security costs 24,495 24,206
Other pension costs 7,651 7,480
378,739 391,688
The average monthly number of employees during the year was as follows:
2025 2024
The average number of staff 15 16
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 59,330 3,864 63,194
Charitable activities
Grants and contracts 57,404 488,334 545,738
Donations - 8,951 8,951
Other trading activities - 5,536 5,536
Investment income - 1,880 1,880
Total 116,734 508,565 625,299
EXPENDITURE ON
Charitable activities
Expenditure on charitable activities 94,109 495,660 589,769
NET INCOME 22,625 12,905 35,530
Transfers between funds 2,000 (2,000) -
Net movement in funds 24,625 10,905 35,530
RECONCILIATION OF FUNDS
Total funds brought forward 46,329 80,838 127,167
TOTAL FUNDS CARRIED FORWARD 70,954 91,743 162,697

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Page 15

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BRIDGEND CARERS CENTRE

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

12. TANGIBLE FIXED ASSETS

13.

14.

TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 April 2024 and 31 March 2025 16,244
DEPRECIATION
At 1 April 2024 12,366
Charge for year 800
At 31 March 2025 13,166
NET BOOK VALUE
At 31 March 2025 3,078
At 31 March 2024 3,878
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Prepayments and accrued income 16,500 38,321
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Social security and other taxes - 22,217
Other creditors 1,505 2,599
Accruals and deferred income - 6,896
Accrued expenses 3,150 -
4,655 31,712

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BRIDGEND CARERS CENTRE

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

15. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1.4.24 in funds 31.3.25
£ £ £
Unrestricted funds
General fund 70,954 32,977 103,931
Post Code lottery Community Funding - 50,000 50,000
Garfield Weston - 30,000 30,000
70,954 112,977 183,931
Restricted funds
Macmillan Patient & Carer Support Worker (3,059) 675 (2,384)
Workers Fund 4,635 - 4,635
YAC/YC Fund 4,470 (398) 4,072
Carers Trust Making Carers Count - (345) (345)
Waterloo 2022-2024 701 (701) -
The Postcode Lottery Parent Carers Fund 4,549 (4,549) -
BCBC - Peer Mentoring Fund 4,932 1,727 6,659
St James Place Funding 5,546 (4,668) 878
Community Cafe Fund 184 (158) 26
Moondance Foundation - (3,800) (3,800)
Versus Athritis Fund 253 (253) -
Wales and West Utilities Benefits Fund 2,051 (2,051) -
Carers Trust and Support Service 2,740 53 2,793
Children in need 2 fund 899 14,280 15,179
Principality Community Fund in Wales 2,259 (1,748) 511
Carers Trust Amser Fund 2,954 (1,958) 996
Shaw Homes - Valleys Project 2,953 (2,953) -
Moondance Parent Carers 22,853 - 22,853
Valley Kids dementia project 1,527 (1,527) -
BAVO Food Sufficiency fund - (26) (26)
Barchester Trip Fund 440 (440) -
Awards For All Sustainability Fund 5,906 (4,807) 1,099
AFCF - Veteran Carers Funds 5,289 2,651 7,940
Monmouthshire Building Society 670 (670) -
RIF Short Breaks Funds 9,904 (9,904) -
Autism Fund 4,237 (3,875) 362
BAVO Activity Grant 278 (278) -
Macmilan Activities Fund 3,770 (2,905) 865
Global Make some noise - 1,401 1,401
Waterloo 2 - 1,584 1,584
RIF Funding benefits & hopsital - 2,749 2,749
Shaw Dementia - 3,442 3,442
Carers Trust Money Matters - 7,428 7,428
Skipton Building society - 1,000 1,000
Older carers Wellbeing - (13) (13)
Arnold Clarke Cafe - 699 699
Stronger Starts - 565 565
Wildflower Fund - 3,796 3,796
7 Stars - 2,008 2,008
DWP kickstart programe 802 - 802
91,743 (3,969) 87,774
TOTAL FUNDS 162,697 109,008 271,705

Page 17

continued...

BRIDGEND CARERS CENTRE

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

15. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 88,366 (55,389) 32,977
Post Code lottery Community Funding 50,000 - 50,000
Garfield Weston 30,000 - 30,000
168,366 (55,389) 112,977
Restricted funds
Macmillan Patient & Carer Support Worker 17,147 (16,472) 675
YAC/YC Fund 630 (1,028) (398)
Carers Trust Making Carers Count - (345) (345)
Waterloo 2022-2024 - (701) (701)
The Postcode Lottery Parent Carers Fund - (4,549) (4,549)
BCBC - Peer Mentoring Fund 15,000 (13,273) 1,727
St James Place Funding - (4,668) (4,668)
Community Cafe Fund 6,058 (6,216) (158)
Moondance Foundation 49,333 (53,133) (3,800)
Versus Athritis Fund - (253) (253)
Wales and West Utilities Benefits Fund - (2,051) (2,051)
Carers Trust and Support Service 67,750 (67,697) 53
Children in need 2 fund 27,987 (13,707) 14,280
Principality Community Fund in Wales 8,800 (10,548) (1,748)
Carers Trust Amser Fund 79,300 (81,258) (1,958)
Shaw Homes - Valleys Project - (2,953) (2,953)
Valley Kids dementia project - (1,527) (1,527)
BAVO Food Sufficiency fund - (26) (26)
Barchester Trip Fund - (440) (440)
Awards For All Sustainability Fund - (4,807) (4,807)
AFCF - Veteran Carers Funds 36,941 (34,290) 2,651
Monmouthshire Building Society - (670) (670)
RIF Short Breaks Funds - (9,904) (9,904)
Autism Fund - (3,875) (3,875)
BAVO Activity Grant - (278) (278)
Macmilan Activities Fund - (2,905) (2,905)
Global Make some noise 33,700 (32,299) 1,401
Waterloo 2 30,000 (28,416) 1,584
RIF Funding benefits & hopsital 57,750 (55,001) 2,749
Shaw Dementia 29,864 (26,422) 3,442
Waterloo core 25,000 (25,000) -
Carers Trust Money Matters 50,000 (42,572) 7,428
Skipton Building society 1,000 - 1,000
Older carers Wellbeing 10,932 (10,945) (13)
Macmillian Grant Staff Away Day 532 (532) -
Rotary Club Grant YC 800 (800) -
Arnold Clarke Cafe 1,000 (301) 699
BAVO Cafe equipment 750 (750) -
Young Carers Action Day 482 (482) -
BAVO Warm Space 1,930 (1,930) -
Stronger Starts 1,125 (560) 565
Wildflower Fund 3,995 (199) 3,796
7 Stars 2,383 (375) 2,008
560,189 (564,158) (3,969)
TOTAL FUNDS 728,555 (619,547) 109,008

Page 18

continued...

BRIDGEND CARERS CENTRE

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

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.4.23 in funds funds 31.3.24
£ £ £ £
Unrestricted funds
General fund 46,329 22,625 2,000 70,954
Restricted funds
Macmillan Patient & Carer Support Worker (665) (2,394) - (3,059)
Workers Fund 10,200 (5,565) - 4,635
YAC/YC Fund 2,739 1,731 - 4,470
Carers Trust - Inspiring Change 626 (626) - -
Digital Familes 124 (124) - -
Armed Forces Covenant Fund 8,858 (8,858) - -
Carers Trust Making Carers Count 561 549 (1,110) -
Waterloo 2022-2024 1,596 (895) - 701
Cwm Taf - Autism Project 2,687 (2,687) - -
The Postcode Lottery Parent Carers Fund 17,952 (13,403) - 4,549
BAVO 4,878 (4,878) - -
BAVO Warm Spaces Fund 169 (169) - -
BCBC - Peer Mentoring Fund 7,237 (2,305) - 4,932
St James Place Funding 4,581 965 - 5,546
Community Cafe Fund 1,779 (1,595) - 184
Moondance Foundation 13,294 (13,294) - -
Versus Athritis Fund 1,201 (948) - 253
Wales and West Utilities Benefits Fund 2,219 (168) - 2,051
Carers Trust and Support Service - 2,740 - 2,740
Children in need 2 fund - 899 - 899
Principality Community Fund in Wales - 2,259 - 2,259
Carers Trust Amser Fund - 2,954 - 2,954
Shaw Homes - Valleys Project - 2,953 - 2,953
Moondance Parent Carers - 22,853 - 22,853
Valley Kids dementia project - 1,527 - 1,527
BAVO Food Sufficiency fund - 195 (195) -
Barchester Trip Fund - 440 - 440
Awards For All Sustainability Fund - 5,906 - 5,906
AFCF - Veteran Carers Funds - 5,289 - 5,289
Monmouthshire Building Society - 670 - 670
RIF Short Breaks Funds - 10,599 (695) 9,904
Autism Fund - 4,237 - 4,237
BAVO Activity Grant - 278 - 278
Macmilan Activities Fund - 3,770 - 3,770
DWP kickstart programe 802 - - 802
80,838 12,905 (2,000) 91,743
TOTAL FUNDS 127,167 35,530 - 162,697

Page 19

continued...

BRIDGEND CARERS CENTRE

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

15. 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 116,734 (94,109) 22,625
Restricted funds
Macmillan Patient & Carer Support Worker 17,136 (19,530) (2,394)
Workers Fund - (5,565) (5,565)
YAC/YC Fund 4,909 (3,178) 1,731
Carers Trust - Inspiring Change - (626) (626)
Digital Familes - (124) (124)
Armed Forces Covenant Fund 875 (9,733) (8,858)
Carers Trust Making Carers Count 86,457 (85,908) 549
Waterloo 2022-2024 25,000 (25,895) (895)
Cwm Taf - Autism Project - (2,687) (2,687)
The Postcode Lottery Parent Carers Fund - (13,403) (13,403)
BAVO - (4,878) (4,878)
BAVO Warm Spaces Fund - (169) (169)
BCBC - Peer Mentoring Fund 6,000 (8,305) (2,305)
St James Place Funding 5,000 (4,035) 965
Community Cafe Fund - (1,595) (1,595)
Moondance Foundation (43) (13,251) (13,294)
Versus Athritis Fund - (948) (948)
Wales and West Utilities Benefits Fund 25,000 (25,168) (168)
Carers Trust and Support Service 41,916 (39,176) 2,740
Children in need 2 fund 12,707 (11,808) 899
Principality Community Fund in Wales 8,800 (6,541) 2,259
RIF 55,000 (55,000) -
Carers Trust Amser Fund 43,768 (40,814) 2,954
Shaw Homes - Valleys Project 11,493 (8,540) 2,953
Archbishop Fund for Children 1,600 (1,600) -
Cryvys Voluntary Youth Fund 731 (731) -
Moondance Parent Carers 46,362 (23,509) 22,853
Valley Kids dementia project 33,527 (32,000) 1,527
BAVO Food Sufficiency fund 9,165 (8,970) 195
Barchester Trip Fund 1,000 (560) 440
Awards For All Sustainability Fund 10,000 (4,094) 5,906
AFCF - Veteran Carers Funds 10,555 (5,266) 5,289
Monmouthshire Building Society 1,000 (330) 670
Edward Gostling Sustainability Fund 10,000 (10,000) -
RIF Short Breaks Funds 30,262 (19,663) 10,599
Autism Fund 5,000 (763) 4,237
BAVO Activity Grant 1,000 (722) 278
Macmilan Activities Fund 4,345 (575) 3,770
508,565 (495,660) 12,905
TOTAL FUNDS 625,299 (589,769) 35,530

Page 20

continued...

BRIDGEND CARERS CENTRE

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

15. MOVEMENT IN FUNDS - continued

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

Net Transfers
movement between At
At 1.4.23 in funds funds 31.3.25
£ £ £ £
Unrestricted funds
General fund 46,329 55,602 2,000 103,931
Post Code lottery Community Funding - 50,000 - 50,000
Garfield Weston - 30,000 - 30,000
46,329 135,602 2,000 183,931
Restricted funds
Macmillan Patient & Carer Support Worker (665) (1,719) - (2,384)
Workers Fund 10,200 (5,565) - 4,635
YAC/YC Fund 2,739 1,333 - 4,072
Carers Trust - Inspiring Change 626 (626) - -
Digital Familes 124 (124) - -
Armed Forces Covenant Fund 8,858 (8,858) - -
Carers Trust Making Carers Count 561 204 (1,110) (345)
Waterloo 2022-2024 1,596 (1,596) - -
Cwm Taf - Autism Project 2,687 (2,687) - -
The Postcode Lottery Parent Carers Fund 17,952 (17,952) - -
BAVO 4,878 (4,878) - -
BAVO Warm Spaces Fund 169 (169) - -
BCBC - Peer Mentoring Fund 7,237 (578) - 6,659
St James Place Funding 4,581 (3,703) - 878
Community Cafe Fund 1,779 (1,753) - 26
Moondance Foundation 13,294 (17,094) - (3,800)
Versus Athritis Fund 1,201 (1,201) - -
Wales and West Utilities Benefits Fund 2,219 (2,219) - -
Carers Trust and Support Service - 2,793 - 2,793
Children in need 2 fund - 15,179 - 15,179
Principality Community Fund in Wales - 511 - 511
Carers Trust Amser Fund - 996 - 996
Moondance Parent Carers - 22,853 - 22,853
BAVO Food Sufficiency fund - 169 (195) (26)
Awards For All Sustainability Fund - 1,099 - 1,099
AFCF - Veteran Carers Funds - 7,940 - 7,940
RIF Short Breaks Funds - 695 (695) -
Autism Fund - 362 - 362
Macmilan Activities Fund - 865 - 865
Global Make some noise - 1,401 - 1,401
Waterloo 2 - 1,584 - 1,584
RIF Funding benefits & hopsital - 2,749 - 2,749
Shaw Dementia - 3,442 - 3,442
Carers Trust Money Matters - 7,428 - 7,428
Skipton Building society - 1,000 - 1,000
Older carers Wellbeing - (13) - (13)
Arnold Clarke Cafe - 699 - 699
Stronger Starts - 565 - 565
Wildflower Fund - 3,796 - 3,796
7 Stars - 2,008 - 2,008
DWP kickstart programe 802 - - 802
80,838 8,936 (2,000) 87,774
TOTAL FUNDS 127,167 144,538 - 271,705

Page 21

continued...

BRIDGEND CARERS CENTRE

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

15. 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 205,100 (149,498) 55,602
Post Code lottery Community Funding 50,000 - 50,000
Garfield Weston 30,000 - 30,000
285,100 (149,498) 135,602
Restricted funds
Macmillan Patient & Carer Support Worker 34,283 (36,002) (1,719)
Workers Fund - (5,565) (5,565)
YAC/YC Fund 5,539 (4,206) 1,333
Carers Trust - Inspiring Change - (626) (626)
Digital Familes - (124) (124)
Armed Forces Covenant Fund 875 (9,733) (8,858)
Carers Trust Making Carers Count 86,457 (86,253) 204
Waterloo 2022-2024 25,000 (26,596) (1,596)
Cwm Taf - Autism Project - (2,687) (2,687)
The Postcode Lottery Parent Carers Fund - (17,952) (17,952)
BAVO - (4,878) (4,878)
BAVO Warm Spaces Fund - (169) (169)
BCBC - Peer Mentoring Fund 21,000 (21,578) (578)
St James Place Funding 5,000 (8,703) (3,703)
Community Cafe Fund 6,058 (7,811) (1,753)
Moondance Foundation 49,290 (66,384) (17,094)
Versus Athritis Fund - (1,201) (1,201)
Wales and West Utilities Benefits Fund 25,000 (27,219) (2,219)
Carers Trust and Support Service 109,666 (106,873) 2,793
Children in need 2 fund 40,694 (25,515) 15,179
Principality Community Fund in Wales 17,600 (17,089) 511
RIF 55,000 (55,000) -
Carers Trust Amser Fund 123,068 (122,072) 996
Shaw Homes - Valleys Project 11,493 (11,493) -
Archbishop Fund for Children 1,600 (1,600) -
Cryvys Voluntary Youth Fund 731 (731) -
Moondance Parent Carers 46,362 (23,509) 22,853
Valley Kids dementia project 33,527 (33,527) -
BAVO Food Sufficiency fund 9,165 (8,996) 169
Barchester Trip Fund 1,000 (1,000) -
Awards For All Sustainability Fund 10,000 (8,901) 1,099
AFCF - Veteran Carers Funds 47,496 (39,556) 7,940
Monmouthshire Building Society 1,000 (1,000) -
Edward Gostling Sustainability Fund 10,000 (10,000) -
RIF Short Breaks Funds 30,262 (29,567) 695
Autism Fund 5,000 (4,638) 362
BAVO Activity Grant 1,000 (1,000) -
Macmilan Activities Fund 4,345 (3,480) 865
Global Make some noise 33,700 (32,299) 1,401
Waterloo 2 30,000 (28,416) 1,584
RIF Funding benefits & hopsital 57,750 (55,001) 2,749
Shaw Dementia 29,864 (26,422) 3,442
Waterloo core 25,000 (25,000) -
Carers Trust Money Matters 50,000 (42,572) 7,428
Skipton Building society 1,000 - 1,000
Older carers Wellbeing 10,932 (10,945) (13)
Macmillian Grant Staff Away Day 532 (532) -
Rotary Club Grant YC 800 (800) -
Arnold Clarke Cafe 1,000 (301) 699

Page 22

continued...

BRIDGEND CARERS CENTRE

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

15. MOVEMENT IN FUNDS - continued
BAVO Cafe equipment 750 (750) -
Young Carers Action Day 482 (482) -
BAVO Warm Space 1,930 (1,930) -
Stronger Starts 1,125 (560) 565
Wildflower Fund 3,995 (199) 3,796
7 Stars 2,383 (375) 2,008
1,068,754 (1,059,818) 8,936
TOTAL FUNDS 1,353,854 (1,209,316) 144,538

Macmillan Patient & Carer Support Worker

A post funded by Macmillan Cancer Support.

YAC/YC fund

This fund consists of donations received for the specific purpose of supporting young carers and young adult carers and includes donations from "The bear who struggled to care" young carers book.

Carers Trust - Inspiring Change

Funding was received from the Carers Trust for Young Adult Carers support.

Digital families

Funding was received towards providing online activities for young carers funded through Parentzone.com

Armed Forces Covenant Fund

Funding to Support Armed Forces and Veteran Carers to alleviate loneliness and isolation.

Making Carers Count

To provide 3 year funding to support the delivery of the Young Carers and Young Adult Carers Service.

A transfer was made out of the fund at the end of 2024 to cover Core costs with the remaining surplus as agreed with the funder.

DWP Kickstart Programme

A partnership through Kickstart and DWP to give a 6-month work experience to a young person in receipt of benefits.

Waterloo 2022-2024

To provide support in schools and raise awareness of young carers.

Cwm Taf - Autism Project

To deliver specific support to children and parents dealing with Autism.

The Postcode Lottery Parent Carers fund

For the development and increased capacity of a dedicated Parent Carer Support Team.

BAVO Respite fund

Provision of individual carers grants to give innovative respite opportunities to carers and their families.

BAVO Warm Spaces Fund

To support unpaid carers with activities and opportunities to respond to isolation and loneliness and the ongoing cost of living crisis.

Peer Mentoring

To provide peer support to young carers and young adult carers.

St James Place funding

To provide activities to support young adult carers.

Moondance Foundation

For continued provision of a dedicated Parent Carer Support Team.

Page 23

continued...

BRIDGEND CARERS CENTRE

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

15. MOVEMENT IN FUNDS - continued

Versus Arthritis

To provide physical activities to combat and prevent multi-skeletal conditions associated with unpaid carers roles.

Wales and West Utilities

To provide Welfare Benefits Advice plus address issues associated with the cost of living crisis and fuel poverty. Carers Trust Support Service

To provide a Debt Support Service and carers grants to address hardship and the cost of living crisis.

Children in Need 2 fund

To provide respite opportunities for teen carers aged 13-17.

Principality Community Fund in Wales

To provide respite opportunities for young carers aged 5-12.

Carers Trust Amser fund

Providing short break opportunities for unpaid carers.

Shaw Foundation - Dementia Carers Project

For the provision of a dedicated Dementia Carers Support Worker.

Archbishop Fund for Children

To provide funding for a summer programme of activities for young carers.

Moondance Parent Carers

Funding to provide 2 part time posts to support Parent Carers caring for children with disabilities, illness and mental health issues. The funding also provided wellbeing and short break opportunities.

Valleys Kids Dementia Project

For the provision of a dedicated Dementia Carers Support Worker.

BAVO Food Sustainability fund

Toward the provision of a range of activities, the community café and food provision.

A transfer was made out of the fund at the end of 2024 to cover Core costs with the remaining surplus as agreed with the funder.

Barchester Trip fund

To provide a short trip opportunity for carers.

Awards for All Sustainability fund

To assist with cost of living increases, overheads and core costs.

Monmouthshire Building Society

Funding towards providing a counselling service for Carers.

RIF Short Breaks fund

For the provision of short break opportunities for unpaid carers.

Autism Fund

For the Wildflower Group - supporting girls with Autism

Macmillan Activities fund

Towards providing activities for those attending the community café.

Global Make some noise

Fund supporting young carers across borough

Waterloo 2

To provide support in schools and raise awareness of young carers.

Page 24

continued...

BRIDGEND CARERS CENTRE

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

15. MOVEMENT IN FUNDS - continued

RIF Funding benefits & hospitals

For continued provision of Integrated Carers Support at UK Hospitals

A transfer was made out of the fund at the end of 2024 to cover Core costs with the remaining surplus as agreed with the funder.

Carers Trust Money Matters

Providing Welfare Benefits Advice, maximising income, micro grants, addressing cost of living crisis and fuel poverty.

Skipton Building Society

Funding for afternoon tea for Dementia Carers and their loved ones

Older Carers Wellbeing

To provide additional support for careers assisting the elderly

Arnold Clarke Cafe

Funds towards weekly Community Café

Stronger Starts

A fund supported by Tesco PLC to support carers of young people.

Wildflower Fund

Funding arts project and monthly groups for parent carers, girls and young women with autism

7 Starts

A fund supporting young carers activities

16. RELATED PARTY DISCLOSURES

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

Page 25

BRIDGEND CARERS CENTRE

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

2025 2024
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 25,681 63,034
Gift aid 4,868 -
Memberships 240 160
30,789 63,194
Other trading activities
Fundraising events 5,463 5,536
Investment income
Deposit account interest 2,864 1,880
Charitable activities
Grants 627,576 545,738
Other income 2,450 8,951
630,026 554,689
Other income
No description 59,413 -
Total incoming resources 728,555 625,299
EXPENDITURE
Charitable activities
Wages 346,593 323,565
Social security 24,495 24,206
Pensions 7,651 7,480
Insurance 1,640 932
Light and heat 6,192 1,198
Telephone 4,745 5,510
Postage and stationery 5,012 4,992
Advertising 2,210 4,121
Sundries 684 271
Recruitment Costs - 43
Rent 8,947 5,464
Repairs & maintenance 3,215 1,087
Breaks/ Project expenditure 82,518 90,086
Staff travel 9,843 10,146
Staff training 1,928 2,368
Computer & IT expenses 7,093 5,569
Volunteer expenses - 20
Bursaries to individual carers 36,121 43,302
Cafe purchases for resale 1,218 2,464
Depn of fixtures and fittings 801 1,047
550,906 533,871
Support costs
Management
Wages - 27,913

This page does not form part of the statutory financial statements

Page 26

BRIDGEND CARERS CENTRE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025 2024
£ £
Management
Other
Insurance - 399
Light and heat - 513
Telephone - 1,378
Postage and stationery - 881
Sundries - 271
Bank charges 1,050 593
Rent - 2,942
Repairs & maintenance - 477
Management charges 59,413 -
Computer & IT expenses - 2,719
Carers Trust Membership - 1,000
Equipment Hire 2,333 2,542
Fixtures and fittings - 1,046
62,796 14,761
Support costs
Wages - 8,524
Accountancy fees 5,845 3,798
Legal fees - 902
5,845 13,224
Total resources expended 619,547 589,769
Net income 109,008 35,530

This page does not form part of the statutory financial statements

Page 27