REGISTERED COMPANY NUMBER: CEO294371England and Wales)
REGISTERED CHARITY NUMBER.. 1129612
of Ihe Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2025
for
CWM TAF PEOPLE FIRST
James de Frias
Chartereij Accountants
Llanover House
Llanover R08d
Pontypridd
Rhondda Cynon Taff
CF37 4DY

CWM TAF PEOPLE FRST
Contents of the Financial Staternents
for the yp.ar Ended 31 March 2025
Page
Report of the Trustees
Independènt Examinerfs Report
Statement of Flnaneial Activities
Balance Sheet
Notes to the Financial Statements
8 to 13
Detailed Statement of Financial Activities
14

CWM TAF PEOPLE FIRST
ort of the Trustees
for the Year Ended 31 March 2025
The trustees who are also directors of the tharity for the purposes of the Companies Act 2006. present their report wlh
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.. Sialement of Recommended Practice applicable to charities preparing their
accounts in accordance wlh the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
leffeclive 1 January 20191.
OBJECTIVES AND ACTNMES
Objectlve5 and aims
The vision is to empower people with a leaming disability lo challenge prejudice and discNmination.
The mission is lo increase awareness about the IMp￿anCe of equality 8nd rights through training. eilucation and
support.
The prinupal activity of the charity is lo thallenge discrimination against people with a leaming disabilty and ensure
that people with leaming disabililies'.-
-have a say in decision Localty, Regionalty & National￿, particularly where these decisions have a direct impact on
people's lives.
have a voice, Choi￿ & control over their lives
are kept informed about issues that are irnportanl lo them.
have their own independent organisation lo protect their interests.
rights & interests are upheld
have opportunities to develop their self advocacy skills
are involved in co-produung and co-designing ￿1rrent and ftjknre health & social care services are provided with
opportunities to build their confidence & self esteem
have accessible infonT)aticn
To make sure people outside the organisation..
leam 8bout, and see, the importance of people with leaming disabilities having a say
provide informatlDn in accessible formats
involve people with learning disabilities in a meaninglul way
Strategic Objectives
To relieve and support people with a reaming difficulties limng and working primarily, but not exdusively in the
Rhondda Cynon Tgff area through seMce8 which enable people with leaming difficuities to obtsin their full rights and
privileges as citizens and to advance the edurakn'on of the general public about the educational physical, emolional
and psychdogiGal needs of people with leaming difficulties and to advance and promote education of al people with
leaming difficutties through training, workshops and group wo￿.
Membership of the organisation is open to any person (over the age of 18) with a learning disabilty living across
Blaenau Gwent, Merthyr, Rhondda Cynon Taf, Torfaen
Page 1

CWM TAF PEOPLE FIRST
ort of the TNstees
for th Year En
d31Ma
h 2025
ACHIEVEMENTS AND PERFORMANCE
Achievement and Perfomiance
Projects..
What Matters to me is a co-productive approach to shaping service priorities for people with leaming disabilities
working in partnership with Cwmlafmorgannwg Regional Partnership Board and 200 members
Safe Places - A Safe Place offers help if someone is anxious, scared or at risk
while they are out and about and need support.
There are 25 safe places up & running in all Libraries auoss RCT with 50 scheme members
Stepping out into Nature - Stepping out into Nature learning about Climate Change and our nature environment and
how we can all play a part in protecting and presemng.
Vision, Indusion, Voice. Advocacy festival was held bringing together over 270 people with leaming disabilities to
ensure freedom of expression, meet and make new friends, celebrate the leaming disability communty, create
opportunrties for stakeholder to ty and lest out new models of engagement
My rights & Me - exploring human. Rights for people with leaming disabilities and developing a "A game of Rights.
My Brilliant Life - Exploring Change for a better future
This is me - Friendships and relationships
Self Advocacy - Song writing
Codi Llais Season 2 An Inlergeneration Choir driven by people with leaming disabilities, 2 original Welsh songs
produce together wth the Joumey of Indusion and showcased at the National Eisteddfod
3 events with 40 young people on Self-advocacy. how to get their voices heard and bring about i*>ange, Human Rights
,Hate Crime and M31e Crime, Keeping safe communities Impact..
10 people with leaming disabilities Èmployed
10 people with learning disabilits'es vcdunleering
300 medical professionals I slLJdents trained
250 meetings & events attended
4 Events delivered
300 members supported
1 x festival delivered
In tenms of changes members told us...
"illustrab'ons made by People First has helped them to understand what they and others have said"
'Volunleers feel valued and involved in the organisalion"
"Being employed by the oryanisalion helps boost their confidence and helps them leam new skills"
FINANCIAL REVIEW
Public benefit
The trustees have c()mplied with their duty to have due regard to the guidance on public benefit as detailed by the
charities commission.
Reserves policy
The charity's income amounted to £387,558 {2024'. £457,364). The charitvs assets are aVaila￿e and adequate to fulfil
its obligations on a fund by fvnd basis.
There were no changes in accounting policy during the year. Details of the Company's attounting policies can be
found in note 1.
The lolal balance of all funds at 31 March 2025 amouthed to £350,912 (2024= £396,818).
The balance of restricted funds at 31 March 2025 was £291,407 {2024.. £332.895).
The balance of unrestricted fijnds al 31 March 2025 was £59,505 {2024: £63,923).
The chartty now has insufficient funds lo hold a contingency fvnd (2024.. £Nill.
Page 2

CWPI TAF PEOPLE FIRST
ort of the Trustees
ar Ended 31 March 2025
for the Y
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.
RecNitment and appointment of new trustees
The organisation will..
- adverbse throLJgh newsletters, liyers, posters and newspapers for all new tnjstees.
interview all potential Iruslees.
- make background checks before offering appointments.
Organisational strncture
Cwm Taf People First board of trustees is responsible for overseeing the management of the Charity and delegates this
responsibility on a day to day basis to the management of the cenlre.
The financial ststements comply with current statutory requirements and the Statement of Recommended Practice
Accounting and reporting by charities.
Induction and training of new trustees
AJI new trustees I￿1[ be expected to complete management and trustee training which the organisation wll prepare and
organise.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE029437 (England and Wales)
Reglstered Charlty number
1129612
Registered office
CIO Atts Factory Lld, Trerhondda
The Slrand
Femdale
Rhondda Cynon Taff
CF43 4LY
Trustees
Mrs E Honeyman Trustee
Mrs R J Chick Truslee
Ms L Evans
The Executive Committee members are elected on an annual basis.
The Charity was esiablished by Trust Deed dated 15th December 2008 and is registered th the Charity Commission,
Number 1129612.
L￿M Taf People First is an independent charitable voluntary organisalion. set up. run by, and for, adults with a
learning disability who live within or receive a Servi￿ from Rhondda Cynon Taff Council.
Company Secretary
Independent Examiner
Da￿en Bowden FCA
James de Frias
Chartered Accountants
Llanover House
L12nover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY
28th October 2025
Approved by order of the board of Injstees on ............................................. and signed on tts behaff by:
Page 3

CWM TAF PEOPLE FIRST
ort of the Trustees
he Year Ended
1 March 2025
for
Ms L Evan5- Trustee
Page 4

Inde
ndent Examlnerfs Re
Cwm Taf Peo
ort to the Trustees of
le First
Independent examIne￿S report to the twstees of Cwm Taf People First rthe CompanVI
I report lo the charity trustees on my examinalion of the accounts of the Company for the year ended 31 Marth 2025.
Responslbllities and basis of report
As the charity's tnjstees of the Company (and also its directors for the PUTposes of company lawl you are responsible
the preparation of the acciMJnts in accordan￿ with the requirements of the Companies Act 2006 nhe 2006 Act'l.
Having satisfied myself that the accounts of the Comparsy are nol 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 Charits'es Act 2011 (Ihe 2011 ACVI. In carrying out my examination I have folk)wed the
Directions given by the Charity Commission under Section 145151 (bl of the 2011 Act.
Independent examinerfs statement
Since your chaiity's gross income exceeded £250.000 your examiner must be a member of a listed body. I rAn confin
that l am qualified to undertake the examinalion because l am a member of the Institute of Chartered Accountants in
England 2nd Wales, which is one of the listed bodies.
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examination gtving me G3use to believe..
acrx)unling records were not kept in respect of the Company as required by Section 386 of the 2006 Act.. or
the accounts do not accord with those records- or
the accounts do not comply with the accountsng requirements of Section 396 of the 2006 Act other than any
requirement that the accounts give a true 2nd fair view which is not a matter considered as part of an
indepenclent examination,. or
the accounts have not been prepared in 8c¢ordance wth the methods and principles of the Statement of
Recommended Praclice for accounting and reporting by charities (applicable to charities preparing their
accounts in accordance with the Finanoal Reporbng Standard applicable in the UK and Republic of Ireland
(FRS 1021).
I have no concems and have come across no other matters in connection with the examination to which attention
should be dram in this report in order lo enable a pmper understanding of the accounts to be reached.
Da￿en Bowden FCA
The Institute of Chartered Accountants in England and Wales
James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY
Date".
Page 5

CWM TAF PEOPLE FIRST
Statement of Financial Activities
for the Year Ended 31 Mar h 2025
31.3.25
Totsl
funds
31.3.24
Total
fijnds
Unrestiicted
funds
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Charitable Activities
37,577
349,981
387.558
457,364
EXPENDITURE ON
Charitable activities
General
41.995
391,469
433.464
370.496
NET INCOMEIIEXPENDrruRE)
(4,4181
(41.488)
(45.9061
86.868
RECONCILIATION OF FUNDS
Total ftjnds brougm forward
63.923
332,895
396,818
309,950
TOTAL FUNDS CARRIED FORWARD
59.505
291,407
350,912
396,818
The notes fomi part of these financial statements
Page 6

CWM TAF PEOPLE FIRST
Balance Sheet
31 March 2025
31.3.25
Total
funds
Unreslricted
funds
Restricted
fund
Total
fvnds
Notes
FIXED ASSETS
Tangible a55els
43,560
43,560
49,397
CURRENT ASSETS
Cash at bank and in hand
59,505
248.190
307,695
347.763
CREDITORS
Amounts falling du8 Wlthin one y8ar
(343)
(3431
(342)
NET CURRENT ASSETS
59,505
247,847
307,352
347,421
TOTAL ASSETS LESS CURRENT LIABiufiES
59,505
291,407
350,912
396.818
NET ASSETS
59,505
291,407
350.912
396.818
FUNDS
Unrestncted funds
Restmcted funds
59,5QS
291,407
63,923
332.895
TOTAL FUNDS
350,912
396,818
The charitable company is entiued 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 obtsin an audit of its finanual ststements for the year ended
31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The Iwstees acknowledge their responsibilities for
{al
ensuring that the charilable company keeps accounting records that comply with Sections 386 and 387 of the
Companies A￿ 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable company
as at the end of each financi81 year and of its surplus or defial for each financial year in accordance with the
requirements of Sections 394 and 395 and which othemise comply with the requirements of the Companies Act
2006 relab.ng to financial statements, so far as applicable to the charitable company.
Ib)
These financial stalefflent5 have been prepared in accordarbce with the proM5ions awlicable lo Charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue
. 2nd were signed on its behalf by..
. ti KI¢Friy,
L Evans - TnJslee
The notes fomi part of these financial statements
Page 7

CWM TAF PEOPLE FIRST
Notes to the Financial Statements
for th Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial ststements
The financial statements of the ch2rttable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities= Statement
of Recommended Practs'ce applicable to charities preparing their accounts in aCco￿anCe wlh the Financial
Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 20191..
Financial Reporb"ng Stsndard 102 'The Financial Reporting S18ndard applicable in the UK and Republic of
Ireland. and the Companies Act 2006. The finanoal statements have been prepared under the historical cost
convention.
Financial reporting standard 102 - reduced disclosure exemptlons
The charitable company has taken adwantage of the following disclosure exemption in preparing these financial
ststements. as permitted by FRS 102 The Financial Reporbng Standard applicable in the UK and Republic of
Ireland,:
the requirements irf Section 7 Statement of Cash Flows.
Income
Voluntsry income is received by way of donations and gifts and is included in full in the Statement of Financial
Acliwties when receivable.
Grants are recognised in fijll in the statement of financial activities in the year in which they are receivable.
Grants received vthich are dearty specified for a future accounting period are shown as deferred.
Expenditure
Resources expended are recognised in the period in which they are incurred. ReSoUr￿S expended indude
attributable VAT thich cannot be recovered.
Resources expended are allocated to the particular activity where the cost relates directly to that activity.
However, the cost of overall direction and administration of each activtiy. comprising the salary and ove¥head
costs of Ihe central function, is appoTboned on the basis of Staff time
Expenditure represents amounts disbursed in furtherance of the principal objects of the charity. and is allocated
bebNeen direct charitable expenditure and administrative expenditure i)n an actual basis.
Allocation and apportionment of costs
Reslricled funds are to be used for specffic purposes as laid down by the donor. Expenditure which meets
these criteria is charged lo the fund together ¥Mth a fair allocation of management and administration costs, and
support costs.
Unrestricte¢Y funds are donations and other incoming resources recelvable or generated for the objects of the
charity.
Restricted fund overspends are covered by transfers from the unrestricted funds.
Tangible fixed assets
Depreciation is provided at the fdlowing annual rates in order to write off each asset over tts estimated useful
life.
Fixtures and fittings -
20 % on reducing balance
Taxation
The tharity is exempt from corporation tax on its charitable activities.
Fund accounting
Unreslricled funds can be used in accordance wth the tharilable objectives at the discrets'on of the trustees.
R8Stn'cteii funds can only be used for particular restri￿ed purposes Wlthin the objects of the charrty.
Restrictions arise when specified by the donor or when funds are raised for pa￿'Cular restricted purposes.
Further explanation of the nature and putpose of each fund is included in the notes to the finanual statements.
Page 8
continued...

CWM TAF PEOPLE FIRST
Notes to the Financial Statements - continued
for the Year En
1 March 2025
ACCOUNTING POLICIES - Continued
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis
over the perii)d of Ihe lease.
Penslon costs and other post-retirement beneffts
The charitable company operates a defined contribution pension scheme. Contributions payable lo the
charitable company's pension scheme are charged lo the Slalement of Financial Actiwlies in the period to
which they relate.
CHARITABLE ACTIVITIES
31.3.25
31.3.24
Donations
Other Income
Grants
10
9,269
378,189
4,718
452,646
387,5S8
457,364
Grants received, included in the above. 8re as follows:
31.3.25
33,171
91,387
12.680
17,725
31.3.24
33,171
81,346
2,270
19,656
2,125
1,953
Blaenau Gwenl County Counril
Rhondda Cynon Taff County Borough Council
Intedink
Merthyr Tydfil CBC
VAMT
I Wales People First
Cardiff People First
Cwm Taf UHB - Our Voice Matters Project
Cwm Taf UHB - What Matters to me Project
Hodge Foundation
Post Code Lottery
usw
Torfaen CBC
WCVA
Nalional Lottery Heritsge
Freshwater UK
Lloyds Bank Foundation
National Lottery Community Fund
Cartefi Cymru
GAVO
Aneurin Bevan UHS
Merthyrvalleys Homes
Moondance Foundation
South Wales Police
Torfaen Voluntary Alliance
Ty Cerydd
Trivallis
72,621
75,000
2,270
24,682
34.833
10.000
19,948
9,135
25.000
88.082
25,000
90.418
5,722
21,141
300
10,000
500
19,922
2.750
750
1.500
378.189
452,646
Page 9
continued...

CMI TAF PEOPLE FIRST
Notes to the Financial Statements - continued
for th Year Ende
31 March 2025
NET INCOMEIIEXPENDrruRE
Net incomellexpenditure) is stated after ch8rgingllcreditingl.'
31.3.25
31.3.24
Depreciation - owned assets
Other operating leases
9,949
B.01)O
11,401
8,￿0
TRUSTEES. REMUNERATION AND BENEFrrs
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 MarGh 2024.
Trustees. expenses
There were no
31 MarGh 2024.
t￿SleeS, expenses paid for the year ended 31 March 2025 nor for the year ended
STAFF COSTS
The average monthly number of employees during the year was as follows..
31.3.25
Administrative staff
31.3.24
No employees re￿iVed emoluments in excess of £60.000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unresth'cled
funds
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Charitable Activities
27,030
430,334
457,364
EXPENDITURE ON
Charrtable aGtivities
General
2,225
368,271
370,496
NEf INCOME
24,805
62,063
86,868
RECONCILIATION OF FUNDS
Tot81 funds brought fO￿a[d
39,118
270,832
309.950
TOTAL FUNDS CARRIED FORWARD
63,923
332,895
396,818
Page 10
rA)ntinued...

CWM TAF PEOPLE FIRST
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
TANG18LE FIXED ASSETS
Fixtures
and
fiitings
COST
At 1 April 2024
Additions
112,061
4.112
At 31 March 2025
116.173
DEPRECIATION
Ai 1 April 2024
Charge for year
62,664
Al 31 March 2025
72,613
NET BOOKVALUE
Al 31 March 2025
43,560
At 31 March 2024
49,397
CREDITORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade creditors
Accrued expenses
342
342
343
342
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
Unrestricted
63,923
(4,418)
59,505
Restricted funds
Restmcted
332,895
(41.488)
291.407
TOTAL FUNDS
396,818
145,906
350.912
Net movement in funds, induded in the above are as foilows..
Incoming
resources
Resources
expended
Movement
in fijnds
Unre5tri¢ted funds
Unrestricted
37,577
141,9951
(4.418)
Restricted funds
Restricted
349,981
(391,469)
(41,4881
TOTAL FUNDS
387,558
(433,4641
(45.9061
Page11
continued...

CWM TAF PEOPLE FIRST
Notes to the Financial Statements - continued
f rthe Year Ended 31 March 2
25
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in fjJnds
At
31.3.24
At 1.4.23
Unrestricted funds
Unrestricted
39,118
24,805
63,923
Restricted funds
Restricted
270,832
62,063
332,895
TOTAL FUNDS
309,950
86,868
396,818
Comparative net movemenl in funds, included in the above 8re as foNows.'
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
Unrestricted
27.030
(2,225)
24,805
Restricted funds
Restricted
430,334
1368,271)
62,063
TOTAL FUNDS
457,364
1370,496)
86,868
A current year 12 months and prior year 12 months combined posilion is as follows..
Net
movement
in funds
Al
31.3.25
At 1.4.23
Unrestricted funds
Unrestricted
39.118
20.387
59,505
Restricted funds
Restricted
270,832
20.575
291.407
TOTAL FUNDS
309.950
40,962
350,912
A current year 12 months and prior year 12 months combined net movernenl in fvnds. induded in the above
are as folows..
Incoming
resources
Resour
expended
Movement
in ftjnds
Unrestrlcted funds
Unrestricted
64,607
144,220)
20,387
Restrlcted funds
Restricted
780,315
(759,740)
20,575
TOTAL FUNDS
844,922
{803,9601
40,962
Page 12
continued...

CWM TAF PEOPLE FIRST
Notes to the Financial Statements - continued
for th Year En
d 31 Mar h 2025
10.
RELATED PARTY DISCLOSURES
There were no related party transactions for the ye8r ended 31 March 2025,
Page 13

CWM TAF PEOPLE FIRST
Detailed Statement of Financial Activities
for the Year En
ed 31 March 2
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Charitable Activities
Donations
Other Income
Grants
100
9,269
378,189
4,718
452.646
387,558
457.364
Total Incoming resources
387,558
457,364
EXPENDITURE
Cha￿table aclivlties
Wage5
Social security
Pensions
Rent
Insurance
Telephone, postage. stationery
Courses and training costs
Travel costs
226,696
19,573
16,343
8,01)0
2.414
32,468
84,873
30,812
203,700
14.889
14,968
8,000
2,461
25,223
61,876
25,963
421,179
357,080
Support costs
Other
Fixtures and fittings
9,949
11.400
Governance costs
Accountancy 2nd legal fees
2,336
2,016
Total resources expended
433,464
370.496
Net {expenditure)fincome
(45,906)
86,868
This page does not fonn part of the statutory financial statements
Page 14