CImT￿onY rLgistratiun Truin￿￿". 1151 •5340
Chirity rtgisuati(In 11353
Creu Cymru Limited
IA LN)rnpany limitLd by
Annual Re￿ and Fillanci￿ Sthtsnents
ftsr the Year ￿nded 31 March 2025

Creu Cymru Limited
Contents
Trts￿ets.
l 1()4
Independeni Ixainincr's Report
STal¢m¢lll of Finart¥ial A¢iiYiiies
6107
Balance Shcet
Noi¢s io Ihe Finan¢i#l Siaiwnenl
gLo2U

Creu Cymrn Limited
Trustees, Report
ThL 1Th￿tee5. Mtho arc dircriors tor ￿ PurF￿￿s of company law. thL' annual Tctmm iogL*hcr with rh¥
fillan¥ial stal¢ffl¢nts uf the Lhantablc Lvrnr&￿lY fvr thc ycar ￿Thd¢d i l Ma￿h ?025
Referen¢¢ xnd AdrnlnistrAtive Detsl
Charity Rcgisttation Nurnt%r=
1135304
Company Regi%lraiion NUrn￿r=
05125340
Thc rhan.ty 1% incorw)r8ied in Wale5.
Regisiered urrKe'.
se￿<M Hou
H￿¢11 Drii"e
N¢
Souih Walcs
NPIO 8FY
Accouniant%'.
HSJ AccourÉiaRts L
Sevem House
IlaJ£ll Dnvc
NeMpoTT
South Wa1¢5
NPIO 8FY
Trustees oflken
ThL afid win¥ durin¥ thL' yLar siiK¥ ttK' uxl wcrL follows."
TnLsIc¢8:
S Mckav
S Homer
G H Sivlc5
H A JDnes-L¢efe
IA L (ioddard
L T E%'ans-Ford
D R Wilsun
J C Barry (ap￿InIt￿ 18 June ?0241
Pagc I

Creu Cymru Limited
Trn$tees' Report
Structure, governxntt And m*nagernmi
Cr¢u Cymw Litniled i& 3 regi￿¢￿.[1 Lharit) dnd a (x)EWV ljmiled by guardlltei. li was illLDrporaled in Mily
?￿4 and i)ccam¢ 3 regiqtered eharirj. 30 March 2010. It ts govcmul by its Mcmotsndwn and Arti¢lc% of
Aswcio110n.
RecrwilJiieRI
Ri*tuiim¢ni and tjw)intmLlI( of dirL*tor5.' Nominaiion5 of DirLXiOfS will ￿ disLU5s¥xI dnd by IhL
Lloard ot. Managemcni ITru%iccsl. Directors shall bc appointcd lo stsnd for thrcc ycar5 wilh the 14wnunity I
*tal￿ for a furthir p¢ri￿1 of thrcc ycars.
Trustccs shall bc aptKbinicd io ￿alld for three y(2rs ivith thc 0p￿￿l￿1ty 10 5tsrtd for a furthcr Fai(Ml of thrcc
ycaT.4. Thcy arc noi ihcn cligiblc io stand aga¥n for a PrTi￿1 of ortc year.
The number ofTrusiees shall noi be less than thrte Iullil oiherwise de*miit*d by a Genevdl Medinb*. more
than 12. Ai leasi thi¢e 4uartm uf th¢ TTU*¢e5 #p￿Inted slwld be Mthnber& unl¢ss otheNise dererniinvd by a
JLnirAI
. WL will hDld a m]nunum of four B￿ard yiat. Ill addition, thcrL' wIll bL ]nLL4ings
of ihe Board subgroups and working groups.
'e will hold Annwl CJcncr31 Mcffling in addition kn anv IKher rTKthTn&5 in that ycar and %hall 5pccify ihc
mLCtin¥ as such in die notlif callin8 hr: aNI M nx)re than fbftecn rnontlks .shall elapsc bctwccn datc of onc
AGM ofihe Company and lh￿ ofihc ncxi. Thc AGM shall hcld ai 5u¢h iimc and plarc as ihc Tru5LCC5 sholl
appoinl.
'e will continue lo diversify Ihe tK)anJ ￿ sn¢lude repr￿n￿lon from lh¢ expanded membeThhip, fre¢laiic¢r
and ensuriD¥ there is reprr5enwion ftotn a divcw5e group ofpwple the b(wd.
Wi will carry put ail skills and diversiftr allth"i of bnard members a￿1 make swe w¢ are addre8%ing any
bap5 thTr)Ubh tecruilment.
I'c will develop an cxii siraicgy and IM)ard rccruinncni plm for th¢ board ll*mi*r5 who b¢ eoming io the
end of rheir iimc ot7 the knard.
'e are of WCVA and ￿ntinue io work on best praclice kn il comes to Goi'emance. Policie5 w'ill
r¢viewcd in linc with Ih¢ir r¢n¢w'al d&*É and k¢y pol1cJ￿ will b¢ availabl¢ on our w¢biii¢ IF4ualiiv.
Diversily d￿j lrt¢lutsiots. Welsh and EnvimnnMiknl artd Sust*indbililyI.
Inductloll and training 1)1 mjstees". All nThv trustccs r¢ceived a Tn]siC￿ Joh tkscripiion docunwnt and arc
Tcqukrcd tts fill in a RC￿SICT OF lTricnst forn. Futtdin8 can ￿ madc available for irusices to aiicnd trainiiJ8
if required.
.4rMKge4ry1entsfor 5ettwMg kej.
Pas, Poli¥y for KLY Managlllllini PEr￿M￿C1-. ThL trn5tC4S and thL' Chicf ExLLWtiii OtTiLir LompriSL' the kLy
management personnel of the chan'ry and are in charge of direciing and coRtrollinB the charity. All tDJfflee% give
Ihcir lime frccly and no lTu￿¢c rcceii.cd rcmuncraiion in yrai. D(Xail% of ITusIcc'4 cx￿n$C5. kcy managcmcni
r¢rsonnel aT¥J related parties aTe distlosed in th¢ 10 the accouth¥.
ThL Chief ExLLI]riN"L Offiirr5 pay. and pay, 3tL all￿￿-d wilh matkct rnC5.
Pagc •

Creu Cymru Limited
Trustee5' Report
The ehariry is managed by its Board Ot.Tw￿ces. Tr thy-tfytsy attiviiies arc delegaicd to thc Chi¢f Executive
Offi¢ei and the stsff.
Staff Roles
Dirccior IFITI
The Director has o%trdll reS￿nSibIli1Y for the o￿nIsalI0n. operation¥. k8dit)g on advocacy reprtse￿IlnB
the meMbe￿h1p and S¢Lior aLTOSS u w¥nge of lonLms. The Director atso wotks IhL dL'veiopment ot wv
prujcL15 5¥n'ici￿ to supwrf CrLU CYMTU'S ov¢rall obicaivc5 8TMI rteLyl$ of rnLYlltKYship.
Adrninistrdlur IFITI
Th¥ Adminisirat()r %UPPQTLS IhL" thrcllor wilh aLbnin1￿lvL dutiL￿ I￿lUdin￿ m¢tYing¥. dtary
malla8cmcThi. Board mceungs and minuics and ￿b51t¢ ￿￿1ales. Thcy also help with the eoordinaiion oi training
tvents. an￿￿1 confcrcn¢¢. and A(iM. Thc rolc al%0 incluths a￿l￿1ng thc l)irtaor finan¢c a￿1 fundraising.
Project Adniinistrator (FIT)
Thc Project Admini4traior Icad$ on Ihe deliverv and developrnrn¢ of hyni. m￿￿thin1￿g relalionships with hyni
enues associaies. projecl partu¢r% and slakeknlders. ivhile supp)rting hyni c8fdho1de￿ Ond Deaf. diiabled.
and llLwrodivers¢ a￿JienCes. They LODrdinaie trdining aTwJ #D aTinual s￿￿tA)s1U￿ with a t[￿￿5 aLr¢¥s. They
dlsu 5UPPVrt uthLT CrLU Cym projiLu.
Pagc 3

Creu Cymru Limited
Trustees. Report
Si*ttment of Trn5t¢¢s' Resp•nslbilitits
Tht trusltts (who Jr¢ alw the direLiOts of Creu Cy7nTU Lirnited tor the WYFKJb¢5 ol" Ly)mpany laivl ar¢
rispi)n51hlc for prcparin¥ the th]sIcL￿. r￿Trf￿ and ihc fJTwKial statCmCDts in accordancL wilh thL Uniid
KingdoTn Accounting Standards Iuniied King(brn Genernlly Ac¢epi¢d Acco￿￿M8 Prnai¢el a￿5 applicable law
and rcgulaiion$.
Cornpany ITIW require￿ the trU￿ee5 lo prepare fjnartcial for tach firk￿ctI￿ yc&r. Under company lam.
th¢ rtustces must not approvt the finarKial stalem¥￿5 unlth they are satisfjed Ihat they give a me Imd fair Niew
uf Ihi. slai¥ of affdirs of thL Lharitable COTrJpany aT¥J of it¥ iNm)ID¥ reWUrL¥￿ and application of r¢sourLLb.
including its incomc and cxpcnditsirc. IOT that period. lft preparmg fjnancial 5tatcmcnts. thc tNstCC5 arc
rcqLLircd to..
seleci suithble accouniing policie5 aThJ apply ihem ¢ortsistently:
obs¢rvc the meihsxfs and {￿nCIPlcs in tIK" Charitits SORP-
mdke judg¢menis and e51ime*5 ihai are reasonable atml ￿Uden1'
qiale whether ar￿11¢able UK Accounting s￿ndards hav¢ btert followed. s￿bJ.eth to any material dcparturc
"sclosed and expl￿.ned tn the financial 5tat¢mo)ts: a￿1
prepare ihe finatKial siaiements on the guing b¥15 w)1¢￿ it is inappropriat¢ io presume thi the
¢lJarit2bl¢ compaDy will coniinue in busincsk
Thi Iw51cc.i arc responsible for kccpin¥ *J¢quai¢ a¢¢ouniing re￿r￿S ihai are sufficicni 10 pthow and explain ihc
hariioble comwiy's lranbJclio￿s and disrlose w'ith ffJ¥onJble accurdcy ai any lime Ihe fiTranci#l M¥silIon ofihe
iharilJbl¢ iompany and enable them TO ¢thsure ihai thc finaniial $18rements comply wth the Comp8ni¥5 Ait
?(KK). Thiy dfL also r¢￿pUn5]bIl for ￿f¥¥￿ar{litt￿ ￿. &SS¥1S ol iharirabll cvrnpany and for taking
reasonable 5tcpR fcr ihc prcvcDiion a￿1 dcttttion rjf fraLMI and IKIK"r irrwlaritio%.
Th¢ annual report wd￿ dprKoved by ¢rusttt5 of the cknaTity on 25 2025 atxl signed on its behalf by.,
D R Wilson
TrustiL
Pagc 4

Creu Cymru Limlted
Independent Examiner's Rep)rt to the trustees of Creu Cymru Limited {"the
Company")
I report to thL ihaTiry ffi￿eeS on rny exwn¥nation orth¢ aLLMiunLS of the Cowy fiK the ycar ¢nd¢d 31 March
Responsibilities a4d bx5i5 of repon
..Is thi ihariry's tTU51e¢s ot. th¢ Compw land also it5. iJJ"rcdars foT thr pvrrMVS of LX)mpatry lawl you are
rLsponsiblL fur thl prcpawaiivn vf t￿. aLcount5 in accordan¢¢ with thc tLXIUjTLmLnts of IhL ConipaniLS ALI 20(
I'ihE 2006 A¢t'l.
Having %ali5ficd Tny.SL'if thai Ihc aLrounis ofc rcu C-ynm Limi*d alr rxm requiTcd w IK audilcd yndrr Part 16 or
Ihe 2(K)6 Act and are eligible for ¢Hdepvthnl examindlLOlI. I re[￿ respect of my examindljon ol your
charity s ¥counis as cafficd out und¢r stCLion 145 of Charitic4 Ad 101 I I'th¢ jol I Aci'i. In carryin¥ oui
my exJminalion I havc followcd the DIwLtons given by ihe C'hariiy LoTlltn15%ion urtd￿ &eciion 14515Mb} ofihe
2011 A¢1.
IndcpeNdeni ex*miner's st•t¢4YNt
I havL LEHi)pIL*Lxl my Lxafflinatiort. I iimfum tknt no mauLY5 hai'l cor￿ ts) my ancntiort in LoiincLtion with thc
examination ￿l￿1￿g m¢ cawse 10 believe".
aL6ounting rcLords WLrL n¢A k¥yl ID rwt of Cr<'u Cymrn L]Tn1tL￿ Is r¢quir¢d bv SL*iiun 386of thL 2(KI6
.4¢t.' or
2. the aecounLS do noi accord wilh ihw record& or
3. the aLiuunis do not Lornply wilh the *Louniin8 Tequiremenrs of 5rclion 396 of the 2(X)6 other Ih&n
any rn'quirimcni th￿ thi givc a'tnJL and fair vicw, W￿Ch is a mallu ¢on5idcrcd as part of an
Indcpcndcnr cxamiiiJiiun" É
4. th¢ a¢Lounis hai"e not been pr¢p8i¢d in a¢¢ordance ￿Trth tht Tne11￿d5 and pn]Kiples of the Stdternent of
Recojnniended Prariice fDr ￿0￿n11n8 and re￿￿Ing? b> chariiies l*pplicuble 10 ch#rilit% preparing IheiT
accounrs in accurdart¢e ￿'rth tlle Financial Rep￿Ing Sthndard gFvli¥able the UK and Republjc of
Iriland IFRS 10211.
I have no ion¥erns and haNr ¢ome acn)SS T￿ otherTN8ttm in i￿]￿1¢¢￿.011 wryth the examina¢Èon to whiih Otteniion
should bc drawn in this r¢ry)rt in ordcr io tDablc a prow undcrstsndin8 of thc accounts to b¢ rcache
Mr Aiidr¢w I lill
FCCA ACA DChA BFP
Dat¢..
1511212025
p￿¢5

Crell Cymru Limited
St2temeDt of Finxnclal Attivilies for the Year Ended 31 March 2025
(IDcludin2 In¢ome and Expenditure AccouDt and Stat¢menf of Total Reeognised Gains
and Losses)
Uthre51rirled
funds
RLStrlttcd
Tot•1
2015
Incom¢ *tyd EDd•MmeDts from:
Chariiable activirie$
Othcr IradingTr arliviLi
14.916
130.079
75.4ry6
268
75.4*6
26
Total irKOTllC
IW.857
14.916
205.773
ExpeDdSfvre on=
Charitable ailii'itie
1187.0401
{5.179)
1192.219)
Total ¢Kp¢ndiiurc
I IR7.(1401
{5.179}
119?219}
NCE InCOTiir
Tran$t¢TS betyveen
3.1117
13.%111
13.554
113.X¥ll
muvcmcni in hnd%
17.698
14,1441
13.554
Recon¢lli4tknn of fund$
Total ttinds broughi forw8rd
109.196
13.881
123.077
Total funds carricd forward
15
126.894
9.737
136.6?1
The noies on P<ige5 41 ￿ 211 fomt Jn ini¢grdl pan of ihese financial
Pagc

Creu Cymru Limited
Statement of Financial Artlvlties for the Year Ended 31 March 2025
(Including In¢ome and Expenditure Aeeount and Statement of Total Recognised Gains
and Lo55es)
Unre51ricted
Re5trici¢d
f*thds
Total
2•24
Incornc and from:
Chariiable aaiviiies
Olhcr irading aciiviii
Inv￿lMlTrl incomc
46.455
79.819
71,Q84
117.539
79.819
Total incomc
126.615
71.QX4
197.699
Expendilurc OTh:
Chartiable dLiiviijes
(139.5691
159.6971
1199.2661
Toial ¢¥￿￿d￿l￿re
1139.5691
159.6971
1199.26(?1
Nel (exper￿￿tY￿)lln¢om¢
Tran%fer% beNr¢n tiind%
112,9541
11.387
,387
11,5671
N¢( rTh)vcmcni in futsd$
{1.5671
11.5671
Rectsneili4tl•n of l¥nds
Total fvt￿s brought forward
10.763
13.881
124.
Total fvnds cakricd fotward
15
109.196
12_1.077
All of thc charity's acttviticq dcrive from ¢ontinving opcrniiorts during the abovc LWO pcritKLs.
Thc funds bi¢akdoi¥n for 1074 Is showTr in noic 15.
The rtoits on pages 9 10 20 form 8n inicgral part of Ih¢se fina￿18￿ swements.
Pagc 7

Creu Cymru Limited
(Registration Bumber: 05125340)
Bglan¢e Sheel #S fdt 31 March 2025
2024
FI¥￿1 assets
Tangible assets
81
Current *sget$
Dcbtors
Cobb dl bdrtk dnd in hand
l2
13
472Yg
151.747
47.068
146.769
I99.￿1)
193.%17
Credlknrs: Amounts f#lllng wiiknfn !'tar
14
170.841 }
Tritt eurrent aS5fts
13fi.631
122.996
et $sset5
136.631
1 13.077
Fund$ orth¢ thArity:
Re5trl¢icd l*¢om¢ funds
Resiricied funds
9.737
13.881
Lnrestrit¢td In¢on* funds
UftrL%irscicd funds
126,R94
109,196
To¢AI fund$
15
136.631
123.077
For Ik financial year ending 31 Ma￿h !0?5 the tharily eniiiled ￿ exempiion Irom audii scclioTr 477
ufihe Companies Aci 2UU6 relaling ￿ small ¢0M￿leS.
Directors, rcsrrf)n8ibilitie%.'
The membcrs have Th)t required the thariry io thain an audit of it5 accounts IOT thc y¢ar in questinn in
accordancc with 5C¢tion 476- and
The dirtiiors aiknoW'led￿ Iheir r¢>P)tts1￿.]lIieS for complying with the requirr[r￿lS ofihe Arl with Te5peLI
io aiLounling Mords and the prytatmjn vf aLlX)Imi&
Thi finJniial sta1¥Mi¥￿1￿ on Pd¥LS f• w 20 approiLxI by ￿. bwkx's. and dUd￿)￿sLxt for i2*UC un 25
Sepiembcr 2025 and UD their behaifby-.
D R W'ilson
TnA￿tte
The rtoies on pages 20 forn an iniegrdl pawl ofiheye fiNncial sMem¢ni5.
Pag¢ 11

Creu Cymru Limited
Notes to the Financial Statements for the Yegr Ended 31 March 2025
I Ch•rfty 5tatss
The Lhariry 1% lin)iied by guaran￿. i￿orpOrat￿ IN Wal¢4 aThJ coD5ryurntly do¢5 Dut haye sh￿¢ vapital. Eauh
of the trustee> is liable 10 Lontribuie an anJ(wi w exteediobT £1 ioi%wts the of the charitv in th¢ e%'eni or
liquidalion.
The addrvi5 olits Fcgisleted oifKc
Sevem Huuse
Hu.¢ll Diive
NeW￿rt
South Wal¢s
NPIO&FY
ThLSt financial statcmcnls wcrc authoriscd for iksuc by ihc trustL*S on 25 Scw¢mb¢r *025.
2 A¢¢o¥ntimK P0￿cleS
Surnm#ry oC$lgnltitani actomnllng Wicies aDd keTh act￿￿11D¥ e5titn*ies
The priniipml HLiwntin¥ policics appijed Ihe wepataLion of ihcsc finartLldl statcmcnis sel belDw.
ThLSL puliciLs hai"L iKxn Lun51MLDilJ' applild a]1 Tk. yiars pr¢sLmi¥<L wjkss IAbinvisL SldtLyL
Stxtement vf toMpli%n
The finaiicial slalemenLS have been ]WTEd in accorda1￿e ￿1th Attouniing arld Rerthing b! C-haTiiie%'.
Stsierneni of Reiommended Pra¢iiie (applicable 10 charities preparinb their acLount5 in aiiordanie wilh ihe
Finart£ial R¢poriing ￿andard applicable in ihc UK and RLwblic of Ircland IFRS IO'II liksucd in OclL)bcr 20191
IC"harilJets SORP IFRS IU2I1. Ihc financial Rqx)nin8 Siandard applicabl¢ in Ihe UK and Republi¢ of Iieland
IFRS 102) and the Compunies ALI ti(x)6.
B4515 of prep*r•d•
Thi fin211cial ststcmcnts arc prcparcd IN Mcrlin& whi¢h 15 lh¢ cwrw¢y of ihc chariiy Mondary
amounis in ihese tinar￿la1 sthie¥rKnts are rouNkd to tb¢ Dearr5t£.
The financial 51aiemenls hai¢ iwi ptfP3red under the histswical CO￿ conleniion. The princi￿1 accounLing
poIILif5 adopied are sei out btluw.
CJoiDg coptern
Al th¢ tim¢ ol-approving th¢ financial staiemcnts. thc irÉLStccs hai'e a reasonablc cxwcraiion that thc charity has
adcquai¢ re%>urces to eoniinue in opcraiional CXiSiLYKC for thc forLsccablc fulure. Thus Ihc I￿S1¢C5 ¢ODiinuc to
adopt Ihe going ¢0￿crn basis of arcnuniTng irt pryn¥ th¢ fiwAcial $tstem¢nts.
Eiempdon prep*rlbxR * ¢*sb flow stsiement
Th¢ Lhariry opied to earlv adopi Bulkiin I publ1th￿On 2 F¢bnwry ?016 and have th¢tef¢N¢ JMX in¢lvd¢d a ¥ash
Pagc Y

Creu Cymry Llmited
Notes to the FinanclAI Statements for the Year Ended 31 Morch 202S
J¥dg¢ments
lh¢ dppliiaiion of the ihariry's a¥LM)untlllb wIlL1￿ ihe tDJsiets are required mak¢ ju(Jg¢menii. tsiimaies
nd assumptions aboui ihL caJrying of assets and liabillri￿ aTC not rcadsly .warLnt fri)m other
snurLes. The estimates and &450¢iai¢d &sswnyiorkS are based on hislotirai exT¥eriente aThl oiher (￿lOTS that are
¢on5ithrcd ￿ bL rele￿"anL Aclual tesults may diffcr frorn rh¢sc emimaws.
The esliinaits a[￿ widcflyittg &5sympiions are reliewed on an 0￿¥01￿￿ basjs. R¢i'isions to act￿n(ln8 esitnvdles
are Tecognised in th¢ P¢Tivd in ivhKh ihe esiimaie is rei'ised Ihe rev151un dffects only thai period. or in the
pirii)d of ihe rlvlsK￿ dnd futi￿l. tk. rth'isiun atT￿"￿ I￿th filluTC p¢r1￿15..
and endowment5
Income is recognised when the ehanlv 15 legallv eTriiiled LQ Il aAtr anv pttfonnancc condiiions have been meL
Ihe umouDt5 Ldn be mc3sur¢d reliably. and li is probJbl¢ thai In¢w* ii'ill be TeLeived.
Grdnts. rec*itya7ble
'oluntJry income Is received by vay of grnrjts. th)n*tofLS and *ifts and is includcd in full in the Sta￿ent of
Finanrial A¢livili￿ when receii'able. Grants. whete Cnliilemeni 1% noi c(Mdiiional. on Ihe deliver¥ of a specific
performat￿t by the organl.4ar1￿. are recognised when the charkty un¢onth"lionaily ¢niitl¢d io the grant.
Dtferred
Ikf¢rr¢d income reprcscnt5 amounts r¢cciv¢d for futurc and is r¢l¢ased to i￿oMIng resourccs in rhc
p¢nod for which. ti has bcen r¢¢t1￿ed. S￿ch tncome is only dcfcYT¢d ￿kn_.
- The donor %pccifics that iht granr or donation ottly b¢ usd in fu¢uTe accounting FXYMMLS: or
- The donor has imposed Co￿lItI0￿% which mu51 be mri bvfort th¢ ehariiy I￿￿- uncondiiiimal en1ille￿1iL
Other imdi•x #rtiViffi¢S
MeinbeTshTP In¢xim¢ is trnluthd in yur 7•thILh It is rLY¢ivable.
Dividen¢l4 arc TCLugll15L￿ thc dyNiikThJ has declaLTrd al￿ rMJtificatiorJ b¢cn wcLivcd of th¢ dividend
due.
.xpenditsre
F.X￿ndltutt is rcco8niscd whcn a liakn.lity is incurrcd ar￿ is ￿roun1¢d for rti ofvAT.
Cliariiohlt o¢liviiies
CharitablL exper￿ltur¢ th(TrSL' eosls ir￿urred by Ihc chanfv itt IIK" d￿lI%.¢ry of ifs aLllVltic% and 5cfvirLS
for its bL￿eriCiariCs. It includcs FM)Ih coqts thai can bc allocated direitly to sueh aciivitics and those tosts of art
indircct natUTC fj¢¢¢&sary to siipwrt ikn.
G05erna￿t LThl$ Jnclude Ihose ci)sls asS￿l￿1¢d wilh meeting Ihe ¥oasiitulion and slaluiory reqUi￿￿tAl$ of the
chaTiry and inklude audii fees and COS¢s ILnked ihe straie8ic mana8tnKni of the ¢hariiv_
Support ¢osis are ful￿￿0￿5 thJi assisr th¢ work of the LI￿ry iwi do noi direLily undeTrake charilable
tivÈli¥s.
Page 10

Creu Cymrn Llmlted
Notes to the FinAncial StatemeNts for the Year Ended 31 March 2025
her rtrpendilwre
The cost ot. any holiday ¢n¢iilement is reeogmsed in ￿ ￿rit￿l in whieh the employee's s¢r¥'i¢¢* ar¢
recesved.
Ternination benefits are ￿08￿¥se￿ iMnKdi￿￿Y as an th¢ charity Is demonstrahly wmmitted to
IcTrnirwlc ihr CTnploymcni of an employcc OT 10 provid¢ icrminaiithi ￿￿r11s.
T4X•tiOD
Thi chanty is iun*dLfL'd to paks tk. out pard¥ra￿ l ¢thylulL 6 of ik. FIJw￿L ALt 2010 amd
Ihcrcf(>rc Tt m¢¢t% the dcfiThiiion ot. a eharitsblc UbEnpany for UK Cof￿rati￿n tax PUryK)qcs. Accordirhgly. Ihc
charity is rM)Icnlially cxempi from laxatiofi in res￿1 of I￿7)m¢ or capiul gains rccckvcd w'iihin calegoriLS
¢nvercd by C"hapicr J Part I l tsf thc Corp)ratiM Tax Aci ?nlO or Scttion 25fi of the Taxaliott of charg￿dh1C
ljatns Act 19l)2, to th¢ ¢Xl￿ni thgt %llch I￿Ome or yins arc applicd CXCI￿$1¥¢IY to ¢hariiabl¢ putPOS¥S.
TanRible fijed *ssets
Tdogible r￿Ld aTL Initially mLLSW¥xI ai ¥051 and subswuenilv ai Lost or valuatioo. nL* of
dcpreciation atMI arty impaTmkmi losses.
Depre¢i*tion **d imortisitio
Dcprecialion is PTovid¢d OD Lingible fixLxI &sseL% w ** to write off the coqt or valuaiion. Iw any o%timatcd
rcsidual valuc. oi ir ihthr ex[￿ed cronomic lifc ai fo114)MS.'
Asset ¢l•ss
Off>ce cquipmeni
Cl￿￿pU[l.r iWuipmL￿I
Deprttl*lltsn mttbod aAd r•te
25WD on rcducing balan¢c p¢r
25% on pLY annuTn
Imp*irment of fixtd *sstts
At cach rcrKyrtin¥ ¢Md date. the chaTity rev1¢14'5 the carrying 2mounis of its Lqn¥iblc a55cts ￿ dciermiiie wliether
th¢T¢ IS 2ny iTrditaiion thai those a5S¢ts h&v¢ iufTered an impaimieni loss. Ir such indscatK)n ¢xists. the
reltsverable amounl ol-lhe assa is e51imatcd in oiderioda¢rniine the exteni ofthe iJnpwnM¢nl los$ {Ifanyl.
Cash cash equiwale#ts
Cash and ¢asl3 ¥Y4uivalents incluth cash in Iwid. de[￿ts ￿ld at call with tJank5. Oth¢i shon-i¢m) liquid
invesimcrtis with origtrinal maluriiith of ihr¢c t￿￿￿￿. or ttss. and trAnk ￿¢rdraf￿. BaT& ovcrdrafts arL %hown
within bL)rroN'in¥s in currcnt liabilitics.
Fund stru¢tllr¢
UnrL￿rilIkd fund5 - Ihesc ar¢ th¥ finmls which can IK" u5¢d a¥COTd￿'t with th¢ ¢haritsble objLYts at the
disLrLljI)n uf truslL'¥b.
l)e5iBnatcd fvnds
cotnpnsc fund$ which havc bccn sffl aside at the discreiion of thc iTU5tt￿ for spwifl
purposes. The purpose% and use% ofihe de4ignalcd fw)d4 Jrt S¢t out in the noies 10 ihe fjnancial sraiements.
Restrictcd fund5 - Ihcsc ar¢ funds that can onlv bc u5cd for A pJJticu13T ttstrictcd purp)sc within thc objccts of
Ihc chariiablc roM[￿nY_ ResLticiiOnS ari￿ ii'hen speiificd by doN¥r OT when ￿ndS arc raised for partirular
rcstTi¢tcd purposes.
Pagcll

Creu Cymru Limlted
Notes to the Fin*nelal Stxtements for the Year Ended 31 M4rch 2025
Peusloftj *lld other p•5t rrtlrerntDi DhligatiMs
P4Jymtnts to d¢fitL¢d LxbntTibulivD Iclirthn¢nt l*n¢fii schemes are Lh¥rgtd an tXPeFhse as fall dut.
blngn¢lal Instrurnents
The Lhurily has ¢ltii¢d lo apply Eh¢ prolisiorts ulseiiion I l -BasiL FKnanLiaJ Inslnjffjents. and Seilion 12 '(hheT
Finanlial Ins1n1me￿fS Issues, of FRS 102 10 all of tts finarKial i￿%1￿1n¢nts.
FinanLial in5trumeni> are rel￿gnI￿d irt rh¢ Khariiy$ balarne theet whth the charity beL'umts ptiny io the
ontraclual provi5ion5 of thc in5twm¢nl.
Financial &%sets and Iittbilitio are Off5￿ thc ￿ amounts ptCScTr￿d in ihc financial ¢aicrncnts. whcn thcre
is a Icgally ¢nfvr¢¢abl¢ nb*hi io otr the TeCO8ni￿d anM)unls and IhcTe 14 an inicniion io sciilc on a basi5 or
tth rcalige thc &ssct and scnlc thc liabiliiy simult8nLwIy.
Dtreco8niiion or rinancial liabiliiie4
FJnanLial liabiliiie5 are derecogllised ¥ontta¢%ual obligations expire or a￿ dI￿harg¢d or
8ll¥¢llLd.
Recognliiow
Basic fFnancial a5bC15
Ba&ic finaiKial assets. Mhich dthot5 dnd cash and bank balanc¢5. are Jniiially ai ir&nsaction
priie inLluding ¢fdnsa¢tion costs atsd are subSeq￿en[]Y canied at amortised c05r using the effeclive int¢Test
rnLihud thL atrangLm¢nt wnstJwt¥S a finarKinK wdnsaL*ion, ihc traD5aLtILlll is fnLd¥ufLd al th
pre5enl %'dlLie uf ihe fulure Teceipis discounltd ai a Ma￿et roie of iniere5l. Financjal ilassified a5
r￿￿7vabl¢ wiihin one vÈ#r are amortised.
Derecr)gnitioTh 4)t'linaDcial as4cL4
Financial asset5 aTC der￿0¥￿ISed only con1r￿Ual ￿8￿￿ to thc cash flows fmm thc asset cxpirc or are
5enlcd. or when the ¢hariry transfers ihe fJrt2rrial *ssct altd wbstaniially all the nsk5 and Tewards of 0￿￿¢[*hip
to anothci ctltity. or if wm¢ sigmficeni Tisk% 8nd rcy7rds of 0¥4mership are T¢￿ined but control of rhe a4s¢t ha5
Iransfcrrcd lo anothcr party ihat is ablc io scll Ik a&scl in its cntirny u) an unrclaicd Ihird pany.
Bi1SiV finiwiial liabilitlei
￿￿￿1¥ finanL?al Iiabilitits. InL[￿ltE% ¢rLd1tv￿. and bank t￿￿5 arc I￿ltIallY pnLk wIIL¥¥
the arrnnbiemenl Lonsliiule5 a finanLing trJnsariiotL Vlhere Ihe debi Insirumeni Js measured ai ihe presenl value
uf thL futUTL paymLnls ilisr￿n1L￿ at d maykrt r21c tsf ini¢r¢st. Firtancial liabiliiics classif￿￿ as payablL wiihin
i)nL yLdr arl not aMorti￿￿1.
r)cbt ln5trwn￿. 8r¢ sub%¢quently carried at aftm)rtIs￿ cost. ￿l￿g the effcaivc intcrcrt raic rn¢th￿.
Trndc crcdjtors 2re obl1￿110n% io pay for gwL4 or 5¢Tr"ice4 that hav¢ bc¢n a¢qviYtd in the cTrrdinary course of
op¢rai*ons from suppliers Ar￿)￿￿1$ payable art r11ssifi￿ a5 iutrenl liabililies if p2yn*ni is duc wiihin one y¢ar
or ItS5. If Mt, Ihey are presenitd as nort4UTMi liabiliiies. Trade ¢redii¢NS ar¢ ￿cognI¥¢d iniitrally ai transaction
pri¢¢ and swb&equently measured al aThort15d c051 ihr ¢ff¢¢tii'Y ini¢r¢st M¢[h￿l.
Pa8c 12

Creu Cymru Limited
Notes to the Financial Statement5 for tbe Year Ended 31 M4rch 21125
Invcstrncnts in non4￿￿'¢nIble prcfcrcncc share% and nowunahle 4)rdinary or prefcrenc¢ 5har¢s (where shares
arc publicly traded or their fair tralue is r¢liably J7Kasurablel are measured 31 fail valw through PTofii or loss
Where fair volue ca[ts￿t be rne&tyured rcliably. ittvesthwits measured al c05t impairn)¢n¢.
Jnvcsimeftis in %ubsidiaric5 aNd a>%ociaicg arc M￿$￿Ted ai cosi IM￿1￿￿￿1. For Invcsimcnis in subsidiaric5
quir¢d for consideraiion inclu(ling ihe i&%ye of thares qualifjing foi ¥nrt8er relief. cost is measured by
r¥(¢r¢￿t to the [K)mI￿1 value of the sharts issua plus falr volue of (Mhei ¥onsideraiion. Anv premium is
i¥nurL
DeriFWlivefinon¢i￿jllstr￿￿<￿
The chariiy dcriwatise financial instruTiienL4 io rtduLe ex[M)5U￿ io foreign eKrhangc TiNk and ini¢ies1 rnle
moweinen15. The chariiy dot& not hold or bs5ue der1￿811￿"t fina￿la1 instrnments for speculaiive PUTP05eg.
Tkrivalives are iniiially re£osnised •1 foir %"aiue ai Ihe dale a (knvalive ¢ontra¢i is eniered inio and ure
5ubsequ¢ntly remeasured to their fair valw at eaih re￿)rtIng dwie. Th¢ ￿5VIll[l￿ gain or Ioss is recognIs￿ in
51atL"nJ¥ni of fina0¢￿1 aciiviiic5 it￿￿￿131LlY UDltss IhL dL"rivalivc is (L.signated and LffcL*ibL as a h￿￿gIng
I￿￿t￿[￿enL 151 which event the timing of Teityiition in st3temeni i)f financial acri￿711t$ depthds the
naiwe of thc hcdgc rCl*ioT￿1p.
3 Income from charitable artiYititJ
LTnrtstrkltd fD•ds
D¢sAgRAf¢d
Ruiriel¢d
f*nds
Tot*1
2025
A*L8 Lountil Walcs- Hynt
Arts coun￿71 Walcs- R￿v¥nue
Furmlitjg
RTDI Project
42.038
42.038
7X.675
7X.675
.366
9.366
42.038
78.675
9.366
130.079
Unrestricted (￿Ad$
Designated
Gtherll
Re8trsCted
fund5
Tot¥1
2024
Arfs. C'ounLiI Wal¢s. Hvni
Stratesic tirdnl 23
ERDE2
WLWA
51.5
Iy.5
51.5(M)
19.5YA
1,250
1.250
45.205
1250
71.0
] 17.511J
Pa8c 13

Cren Cymru Limited
Notes to the Flttsncial Stattmtnts for the Year Ended 31 M¥rch 2025
4 IAcome frorn othtT tr*dlng *rtlvldtS
Unrtstrirted f#nds
DesigJ*ted
Totsl
21n4
ConfcreDCC4 and 5itNilar cY¢nts
Membership sub5CriPtions
702
30.350
11.234
66.192
4.074
75.745
35.841
31.n52
44..174
75.426
79.819
5 InYestmeRt iThco￿e
f¥Dds
Gener•1
Tothl
2•25
Tot*1
2024
ljiicrcst rccci%'ablc and 5imilaT in¢om¢'
IntLfL51 filLiVdbli vn bank &'posits
268
26
341
Page 14

Creu Cymru Limlted
Notes to the FingD¢l*l Stxtements for ihe Year Ended 31 March 2025
7 AD•li¥ls of govern*nce and support rwls
Supptsrt costs *ll0￿le￿ to ¢h&rlt*lJk •diJ'iths
Tot*1
2024
te¢hTrolo8y
Costs
2025
Th￿tri & .4rts CLnlrL
Dcvcloprnent
3.488
771
8.006
Bx515 of #llotatlo
Reference
M¢ihod of all￿#1￿)D
IIM)Y• of&%socia*d CA￿llUre
GowernaDce cost5
UAresirirted
f¥Nds
Totsl
21llS
Tot•1
2024
1ndC￿ndC]1t cxafftbThcr ftc
Examination of lh¢ fin4D¢ial stsiements
hcr fcc% paid to txamincrs
?.39l
?.391
?.650
2.3(Kb
3.490
3.4
4.Y50
8 "fru$trts retnuDeration expeBse5
No tnJstc¢s. nor any pcrsons conn¢*tcd ivith th¢nL Ik2ve rettived any Trmuncraiion from charity duTinB the
year.
No hay¢ r¢¢¢iw¢d any rc1m1￿JrS¢d exp(¥￿$ oranv (pthLY bth)efits from thc chan'iy during ihc yeaT.
9 Stsff to*ty
Thi aggre¥￿IlL payroll ￿￿rL Js fi)11(Iws'.
Z025
2024
Staff co5t5 dmring the ye*r were:
Wa¥es and 53lanc5
Social Scfurily ¢o%L%
P￿slOn LO¥ts
102,751
4,574
100.461
4,072
12.571S
IUY.63U
Page 16

Creu Cymru Llmlted
Notes to the Finaneial Statements for the Year Ended 31 March 2025
The monthly averag¢ nurn1￿r of persons lirKluding S￿10￿ mana￿1 I IEadeTshkp ieaml eJnployd by the
harily durin¥ ihc yc8r cxprtsscd as full ill￿ equivalcnis ￿$ as fo]lows.'
2025
2024
.4wLYagL monthly L￿p10Y¢L%
No eThptoy¥e Tcccived rmulvmeN¥ of nx)r¢ ihan £fjo.￿ during the year.
111 Tax8tion
The charily is a r¢gisicrcd chariiy and is thetefore cxemp (rorn taxaiion.
11 TxD%ible fiAtd asse
urnitsre
equipme￿1
Tot¥1
Cmt
At l April ry024
3.431
3.431
.Ai 31 MarLh 2025
3.4.11
3,431
Depre¢l4tlon
Ai l Apnl ?V24
ChdrgL flir ihL yLor
3J50
3.350
At 31 March 2Q25
3.431
3.431
¢t book i'*ly¢
At 31 M￿h 2025
1 31 Marlh 2024
81
81
12 Dtbtors
21125
2024
Tradc dcbtors
Prepavn￿ttts
45.3?1
1,978
45.109
1.959
47,299
47.¢knR
IJ C•sh *Md eqwlvgknts
2025
2024
Cash at bank
151,747
146.769
Pagc 17

Creu Cylnrn Limited
Notes to the Fin%kncial Statements for the Year Ended 31 M*reh 2025
14 CrLylStor5: t￿11￿¥ die wiikl• onc y￿r
2025
21124
TrddL Lrediiors
Q)thcr tsxation and wcial sttunty
'AT grdnt rcpayablc
Oihcr cr¢diiors
ALUn￿[s
Delerred Ij￿onie
12.95
2.404
4,830
1.073
4.535
45.(M4
2.477
7,127
799
X.559
3N.2¥6
62.415
70.841
B#ll￿¢t at
31 Mar¢lb
2025
Bal#nte xf I
April 2024
Re50llrces
expended
Tr*￿TerS
LDrestrl£ted funds
Lnreciricied fund>
21146
17.767
{109.4321
13,881
44.362
De*ixfi&t
Kcdundancy
Hymi Cards
Hyni
18.OtM)
14.746
602
18.602
114.95X}
{61.65Q
67.134)
IfA)21
5X.IXI
N7.050
73.(N)
{77.608}
82.532
T•t#l uAMirlded
109.196
I￿.857
{187.0401
1.1.881
126.894
Re5trlcted funds
Art) Lounril Wal¢s
DanLL ALn)￿ WalLS
Foyl¢ Foundaiion
Sharing Togcrhcr
Artts Council Wal¢s-
ExtendinB Reach
KTI)I froi¢cl
2.693
{1.74gb
12.693Tr
121X)I
16.2451
I l.X631
3.801
6245
1.863
?.x¥a
1? 81101
9,3(
13.4301
13.881
14.916
{5,1791
113.881)
.737
Total fundj
113.077
205.773
119?.2191
1.16.631
Pag¢ 18

Creu Cymru Limlted
l¥otes to the FAnanclal Statements for the Year Eoded 31 March 2025
B*l*Dtc at I
IocondRg
April 2023 reswr¢¢s
Resourc
expend¢d
31 Marrh
21124
Tr*Dsf¢rs
Lllre51rletcd funds
10.376
5(Tr.$150
150.467)
11.3M7
R¢dundancy Fund
Hyni C)rds
Hyni
Ilyni Impact RetK)rt
i¥.0
9.149
53.619
19.619
18.000
14.756
54.294
{l?J931
(45.918
{20.691
47.665
11,07?
l.n7?
IW.387
75.665
{X9.(K)2
7.0SV
Total unroStritt￿ fwids
10.763
l?6.615
(139.5691
11.387
l(W.196
Restrteted funds
Art% Council Walc
DaiicL' ALruss WalLS
Siraiegic tirdni 23
Foylc FOu[￿atIOn
Sharing To¥dher
Ans Cowitil W21es-
ExtLmding R¢a¢h
2,693
2(Kl
2,693
20
51.5¢MTr
151.5tM)I
6.245
6245
1.1163
2.8¥0
1240)
(7.g571
240
2.880
19.5K4
13.881
71.olbl
(59.6971
Tolal thnds
197.699
11992r)fJl
123.077
The %pecifi¢ pu￿OSe% for which the funds. are lo be applied art is Coilows..
RTDI ProjLXi illcL)mL has ￿en provided in rel•ion to thc Art5 Council of Walcs Rurdl Tourin¥ DaDre IniiiaiivL.
Tht Art5 iouncil of Wi11¢5 ￿5t￿￿ted fimd i¥ in ￿lation to Th¥atr¢ Gt¢¢n B()vk pwJtt1 tv supFx)rl 5U5tJtn3bl¢
thL-dtri¥ In WalL%.
t)uring Ihc year a I￿al of £13.Xlll has been iransferrcd from Temriclcd fiJTth to unresiricicd fiJ￿jE. This Iransfcr
repre5enis rtsidu21 balances on old proj￿15 have tKen i￿Vreed for Ir4nsfcr 40 similar allivtiies funded QLtr of
serterdl reserves.
Page 19

Creu Cymru Limited
otes to tbe Finsn¢lal Stxtements for the Yvdr Ended 31 March 2025
16 Anil>'sly of Det assets behveeu fu•ds
'rotsl f¥nds at
31
iFnr¢uri¢led fu•ds
Gener*1
DesigR*ted
Restricted
fllnd5
2025
Currcnl a55CIS
CiiTr¢nl liabiliri
I￿.777
{L*.415)
1$2.532
Y.737
199.046
62.4151
Toial nct a55LIs
44.362
82.51?
9.737
136.631
Total funds xt
JI MArch
2•24
Unr¢s(rl¢trd fuBI15
G¢vr*l
Desip*ted
R¢strict¢d
fllTrd5
Tangibl¢ fixcd &4scLs
Ciirrent a55et5
C'urr¢ni liabiliti
81
81
193.837
170,X411
87.050
13.8x1
170.¥41
Totdl nel assets
¥7.D_fO
123.077
20