REGISTERED COMPANY NUMBER: 06288369 (England and Wales)
REGISTERED CHARITY NUMBER: 1126539
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
For
Carmarthenshire People First
HB Enoch & Owen Ltd
Chartered Accountants and Chartered Tax Advisers
I Spilman St
Carrnarthen
SA31 ILE

Carmarthenshire People First
Contents of the Financial Statements for the Year Ended 31 March 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Note5 to the Financial Statements
9-12

Carmarthenshire People First (Registered Company Number 06288369)
Report of the Trustees
For the Year Ended 31 March 2025
The Trvstees, who are also directors of the charity for the purposes of Companies Act 2006, present their
annual report with the Financial Statements of the tharity 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 Finarbcial Reporting
Standard FRS 102 leffettive l January 20151.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Carmarthenshire People First is a registered charity and company limited by guarantee. It 15 coritrolled by
its governing document. a deed of trust.
Following an introductory meeting with the chair and chief executive offi￿r, potential trustees are invited
to attend a board meeting at which their application for membership is discussed. Both parties will
consider the appointment and the decision will be ratified at the subsequent board meeting.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06288369 (England and Wales)
Registered Charlty number
1126539
Reglstered office
16 Spilman St
Carmarthen
SA31 Iiy
Dirertor5
SORice
M J Cansdale
NJ Miller
A Edwards
R McDougall
The Directors also act as Trustees of the charity.
Independent Examlner
D Lowen FCA cfA
HB Enoch & Owen Ltd
I Spilman St
Carmarthen
SA31 ILE

Carmarthenshire People First (Registered Company Number 06288369)
Report of the Trustees
For the Year Ended 31 March 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees Iwho are also the directors of Carmarthenshire People First for the purposes of company
lawl are responsible for preparing the Report of the Trustees and the Financial Statements in
accordance with applicable law and United Kingdom Accounting Standards.
Company law requires the trustees to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that
period. In preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP,.
make judgements and estimates that are reasonable and prudent:
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charitable company and to enable them to ensure
that the financial statements comply with the Companie5 Act 2006. They are also responsible for
safeguarding the assets of the charitable company and for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable company's website.
ON BEHALF OFTHE BOARD:
Trustee
Print Name
Date: ..

Independent Examinees Report to the Trustees of
Carmarthenshire People First (Registered Company Number 06288369)
We report on the acco¥Jnts for the year ended 31 March 2025 set out on pages six to twelve.
Resperti¥e responsibllltles of trnstees and examlners
The charity's trustees (who are also the directors for the purposes of company lawl a￿ responsible for
the preparation of the accounts. The chariws trustees consider that an audit is not required for this
year lunder Section 144121 of the Charities Act 2011 (the 2011 Actll arbd that an independent
examination is required.
Having satisfied ourselves that the charity is not subject to audit under company law and Is eligible for
independent examination. it Is our responsibility to..
examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions gNen by the Charlty
Commission lunder Section 14515llbl of the 2011 Act); and
To state whether p3rticular matters have come to our attention.
Basls of the independent examlners report
Our examination was carried out in accordance with the General Directbons given by the Charlty
Commission. An examination includes a review of the èccounting records kept by the charity arEd a
comparison of the accounts presented with those fecords. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from you a5 trustees concerning any
such matters. The procedures undertaken do not provide all the evidence that would be required in an
audit, and consequently no opinion is given as to whether the accounts present a'true and fair viev/
and the report is limited to those matters set out in the Statements below.
Independent exarniners ststement
In connection with our examination, no matter has come to our attention:
Which gives us reasonable cause to belleve that in any material ￿SpeCt the requirements..
to keep accounting recor(Is in accordance with Sertion 386 and 387 of the Companies Art
2006,. and
to prepare accounts which accord with the accounting records, Comp￿ with the accounting
requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods
and prlntiples of the Statement of Recommended Practice: Accounting and Reporting by
Charities have not been met. or
To whlch. in our opinion. a
accounts to be reached.
enti
n should be drawn in order to enable a proper understanding of the
D L Owen FCA
H8 Enoch & Owen Ltd
Chartered Accountants and Chartered Tax Advisers
1 Spilman St
Carmarthen
SA31 ILE
IOLI

Carmarthenshire People First
Statement of Financial Activities
For the Year Ended 31 March 2025
Unrestricted Restricted
Funds
Funds
Total
Funds
2025
Total
Funds
2024
INCOME AND EXPENDITURE
Income and Endowments from
Note
Donations and legacie5
Trading Income
44,35S
2.270
315.196
359.551
2.270
303,442
2,574
Total income
46.624
315,196
361,820 306,016
Charitable Expendlture
Charitable activities
Management
26.308
8.795
26,308
32,736
320,987 263,372
312.192
35,103
312,192 347,295
296,108
Net movements in funds
11.521
3,004
14.525
9,908
Balances brought forward
at 01 April 2024
-158,722
220,522
61.800
51,892
Balances carried forward
at 31 March 2025
-147.201
2Z3,526
76,325
61,800
Continuing operation
All of the company's activities loperationsl in the above two financial years derived from continuing
operations.

Carmarthenshire People First
Company Number 06288369
BALANCE SHEET
AS AT 31ST MARCH 2025
Unrestrlrted
Funds
Restritted
Funds
Total
Funds
2025
Total
Funds
2024
Note
CURRENT ASSETS
Debtors
Cash at bank and in hand
17,596
65,778
83,374
17,596 21,706
65,778
46,276
83,374 67,982
CREDITORS
Amounts falling due
within one year
7,049
7,049
6,181
CURRENT ASSETS
76,325
76,325
61,801
TOTAL ASSETS LESS
CURRENT LIABIUTIES
76.325
76,325 61,801
NET ASSETS I LIABILITIES
76.325
76.325
61,801
FUNDS
Unrestricted fund5
Restricted funds
-147.201 -158,722
223.526 220,522
TOTAL FUNDS
76,325
61,800

Carmarthenshire People First
Company Number 06288369
BALANCE SHEET
AS AT 31ST MARCH 2025
Approval
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the companyto obtain an audit in accordance with section 476 of the Companies
Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to
accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companies regime.
These accounts were approved by the Board of Trustees on and were signed on their
behalf by:
IDLJ
Trustee
Print Name
£b
16
IQL
Trustee
Print Name

Carmarthenshire People First
Notes to the Financial Statements
For the year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of Preparation of Financial Statements.
The financial statements have been prepared in accordance with Companies Act 2006, as
amended, and with applicable Accountaing Standards. The accounts have been prepared
using section IA of FRS 102.
Going Concern Basis of Accounting
The financial statements have been prepared on the assumption that the company is able to
carry on business as a going concern, which the trustees consider appropriate.
The financial statements show a surplus for this financial year.
Income
All income is recognised in the Statement of Financi31 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 costs related to that 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.
Taxation
The charitable company 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 purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular purposes.

Carmarthenshire People First
Notes to the Financial Statements
For the year Ended 31 March 2025
2025
2024
Total
Donations and Legacies
Unrestricted
Restrlcted
Total
Donations
Grants
4,600
36,950
2,805
44,355
4,600
3,574
352.146 286,612
2,805
13,256
359,551 303,442
315,196
Other income
315,196
Grant income during the period was made up a5 follows:
2025
Total
2024
Total
146,725
25,000
33,000
20,000
103,192
61.887
352,146 286,612
HDUHB & ICF Fund
Lloyds Bank
Mencap
Awards for all
Advocacy
190,954
25,000
33.000
2025
Total
2024
Total
Tradlng Activities
Unrestrirted
Restrirted
Generic trading
2.270
2,270
2,270
Z,270
2,574
2,574
Charitable Activitles Costs
Direct Costs Support Costs
Total
Charitable activities
Management
26,308
8,795
35,103
26,308
320,987
347.295
312,192
312,192
Trustees Remuneration. Expenses and Benefits
No trustees, remuneration, expenses or other benefits were paid for the year ended 31 March 2025
{2024: Nil)
io

Carmarthenshire People First
Notes to the Financial Statements
For the year Ended 31 March 2025
Staff Costs
The average monthly number of employees during the year was as follows..
2025
15
2024
13
Administrative
Debtor5: Amounts Falllng Due Wlthln One Year
2025
2024
Trade debtors
17,596
17.596
21,706
21,706
Creditors: Amounts Falling Due Within One Year
2025
2024
Social Security and other taxes
Creditors
Accruals and deferred income
4,359
1,400
1.290
7.049
3,628
1,299
1,254
6.181
Movement in Funds
Funds at
01104/2024
Net movement
in funds
Fund5 at
31/0312025
Unrestricted Funds
Restricted Funds
Total Funds
-158.722
220,522
61.800
11,521
3,004
14,525
-147,201
223,526
76,325
Net movements in funds is made up as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted Funds
Restricted Funds
Total Funds
46,624
315.196
361,820
-35,103
-312.192
-347,295
11,521
3,004
14,525
io
Related Party Dlsclosures
There were no related party transattions during the year ended 31 March 2025 (2024:Nill.
li

Carmarthenshire People First
Detailed Statement of Financial Activities
For the Year Ended 31 March 2025
INCOME AND ENDOWMENTS
2025
2024
Donations and legacies
Donations
Grants
Other income
4,600
3,574
352,146 286,612
2,805
13,256
359,551 303,442
Tradlng actlvltles
Generic trading
2,270
2,270
2,574
2,574
Total Incomlng resources
361,820 306,016
EXPENDITURE
2025
2024
Unrestricted Restricted
Charitable act•vitie5
Wages
Other costs
Staff and volunteer expenses
Travel and subsistence
Training
8.795 217,000 225,795 198,106
22,292
22.292
22,402
1,070
3,477
1,304
2.946
15,946
9,030
702
411
2.407
13,000
702
35.103 233.109 268,212 231.253
Support Costs
Rent, rates and utilitie5
Insurance
Refreshments
Telephone
Postage and stationery
Promotional
20.629
614
1,510
6.757
715
6.600
20,629
614
1.510
6,757
715
6.600
19.833
1,327
1.093
6,732
481
150
E]Ll
Sundry costs
Bank charges
Equipment, repairs and renewals & hire
Bookkeeping
Accountancy
Legal, professional & subscription fees
2,130
72
8.276
26,470
1.290
4.019
79.083
2,130
72
8,276
26,470
1,290
4,019
79,083
1,142
149
2,912
26.470
1,254
3.312
64,855
Total outgolng resources
35,103 312.192 347,295 296,108
2025
2024
Net Surplus / IDefectt)
14.525
9,908
12