| Contents ofthe Financial Statements | |||
|---|---|---|---|
| forthe Year Ended 31 March 2025 | |||
| Page | |||
| Chairman's Report | 1 | ||
| Report oftheTrustees | 2 | to | 1 |
| Independent Examiner's Report | 12 | ||
| Statementof Financial Activities | 13 | ||
| BalanceSheet | 14 | ||
| Cash FlowStatement | 15 | ||
| Notestothe Cash FlowStatement | 16 | ||
| Notestothe Financial Statements | 17 | to | 26 |
| 2024/25 | Vale | Cardiff |
|---|---|---|
| First Referrals | 498 | 452 |
| BenefitAmounts Secured overan | ||
| 18 month period | £1,028,109 | £849,026 |
| 2024/25 | Vale | Cardiff | |
|---|---|---|---|
| Enquiries Referrals |
497 459 |
397 281 |
|
| CLO Home | Visits | 149 | 312 |
| CLO Telephone Calls | 1468 | 971 |
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| Incomeand endowments from | |||||
| Donations and legacies | 3 | 58,169 | 58,169 | 90,864 | |
| Charitable activities | 6 | ||||
| Community Support Information andAdvice |
90,218 126,772 |
175,827 103,753 |
266,145 230,525 |
241,135 229,276 |
|
| Ageing Well | 96,714 | 19,429 | 116,143 | 112,841 | |
| Othertrading activities | 4 | 1,10 | 1,190 | 4314 | |
| Investment income | 5 | 17,139 | 17,139 | 17,523 | |
| Total | 390,202 | 299,109 | 689,311 | 695,953 | |
| Expenditure on | |||||
| Raising funds | 7 | 2 | |||
| Charitable activities | 8 | ||||
| Community Support Information andAdvice |
48,384 82,603 |
175,407 98,924 |
223,791 181,527 |
244101 167,657 |
|
| Ageing Well | 101,577 | 13,576 | 115,183 | 123,112 | |
| Partnership Development | 184,889 | 420 | 185,309 | 179,956 | |
| Total | 417,453 | 288,327 | 705,780 | 714,828 | |
| NETINCOME/(EXPENDITURE) | (27,251) | 10.782 | (16.469) | (18,875) | |
| Reconciliation offunds | |||||
| Total funds brought forward | 473,923 | 13.625 | 487,548 | 506,423 | |
| Totalfunds carried forward | 446,672 | 24,407 | 471,079 | 487,548 |
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets | 14 | 1,750 | 1,750 | ||
| Currentassets | |||||
| Debtors | 15 | 13,321 | 4,019 | 17,340 | 31,862 |
| Cash at bank and in hand | 460,457 | 21,737 | 482,194 | 569,507 | |
| 473778 | 25,756 | 499.534 | 601,369 | ||
| Creditors | |||||
| Amounts falling due within one year | 16 | (27.105) | (3,100) | (30,205) | (113,821) |
| Netcurrentassets | 446,673 | 22,656 | 469,329 | 487548 | |
| Total assets less currentliabilities | 446,673 | 24,406 | 471,079 | 487,548 | |
| NETASSETS | 446,673 | 24,406 | 471,079 | 487,548 | |
| Funds | 19 | ||||
| Unrestricted funds | 446,673 | 473,923 | |||
| Restricted funds | 24,406 | 13,625 | |||
| Total funds | 471,079 | 487.548 |
| Cash FlowStatement | ||||
|---|---|---|---|---|
| forthe | Year Ended 31 March | 2025 | ||
| 2025 | 2024 | |||
| Notes | £ | £ | ||
| Cash flows from operating activities Cash generated from operations Finance costs paid |
1 | (53,925) (2,723) |
(41,864) | |
| Netcash used in operating activities | (56,648) | (41,864) | ||
| Cash flows from investing activities Purchase oftangible fixed assets Interest received |
(2,000) 17.139 |
17.523 | ||
| Netcash provided by investing activities | 15,139 | 17,523 | ||
| Change incash and cash equivalents in | ||||
| the reporting period Cash and cash equivalentsatthe beginning ofthe reporting period |
2 | (41,509) 523,703 |
(24,341 ) 548,044 |
|
| Cash and cash equivalentsatthe endof | ||||
| the reporting period | 2 | 482,194 | 523,703 |
| Reconciliation ofnetexpenditureto netcashflowf | rom operating | activities | |||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| £ | £ | ||||
| Netexpenditure forthe reporting period (as perthe FinancialActivities) |
Statement of | (16,469) | (18,875) | ||
| Adjustments for: | |||||
| Depreciation charges Losses on investments |
250 | 2 | |||
| Interest received Finance costs |
(17.139) 2,723 |
(17.523) | |||
| Decrease/(increase) in debtors | 14,522 | (17,378) | |||
| (Decrease)/increase in creditors | (37.812) | 11,910 | |||
| Netcash used in operations | 53.925 | 41,864) | |||
| 2. | Analysis ofcashand cash equivalents | ||||
| 2025 | 2024 | ||||
| £ | |||||
| Cash in hand | 155 | 156 | |||
| Notice deposits (less than 3 months) | 482,039 | 569,352 | |||
| Overdrafts included in bank loans and overdrafts falling | due within one | year | (45,804) | ||
| Total cash and cash equivalents | 482,194 | 523,703 | |||
| 3. | Analysis of changes in netfunds | ||||
| At 1.4.24 | Cash flow | At31.3.25 | |||
| £ | £ | £ | |||
| Netcash | |||||
| Cash at bank and in hand Bank overdraft |
569,507 (45,804) |
(87,313) 45,804 |
482,194 | ||
| 523,703 | (41,509) | 482,194 | |||
| Total | 623,703 | (41,509) | 482,194 |
| 3. | Donations and legacies | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Donations/Fundraising Legacies/Trust Funds |
58,169 | 54,164 13,200 |
|
| Grants | 23,500 | ||
| 58,169 | 90.864 | ||
| Grants received, included in the above, are as follows: | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Peoples Postcode Lottery | 13.500 | ||
| Garfield Weston Foundation | |||
| 10,000 | |||
| 23,500 | |||
| 4 | Othertradingactivities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trading | 1,190 | 4314 |
| 5. | Investment income | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Deposit account interest | 17,139 | 17,623 | ||
| 6. | Income from charitable activities | |||
| 2025 | 2024 | |||
| Grants | Activity Community Support |
£ 160,743 |
£ 180,082 |
|
| Project | ||||
| Donations/Fundraising Fees for the Provision ofServ |
Community Support | 7.686 | 5,823 | |
| ices Other Grants |
Community Support Community Support Information andAdvice |
60,735 36,981 103,753 |
41,852 13,378 102,205 |
|
| Project Donations/Fundraising Fees for the Provision ofServ |
Information andAdvice | 9,727 | 11,218 | |
| ices | Information andAdvice | 117,045 | 115,853 | |
| Grants | Ageing Well | 10,341 | 8,098 | |
| Project Donations/Fundraising Fees for the Provision ofServ |
Ageing Well | 5.127 | 1,262 | |
| ices Other |
Ageing Well Ageing Well |
26,200 74475 |
28,598 74,883 |
|
| 612,813 | 583,252 | |||
| Grants received, included in the above, are as follows: | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Cardiff County Council Vale ofGlamorgan Council |
67,353 96,731 |
65,391 117,245 |
||
| Age Cymru Glamorgan Voluntary Services Groundwork UK - Tesco Bags of Help |
2,400 9,384 |
2,400 10,560 375 |
||
| IndependentAge Henry Smith Foundation |
60,000 | 34.414 60,000 |
||
| National Lottery Fund | 4,409 | |||
| Hodge Foundation WBCAsda Foundation |
34,000 560 |
|||
| 274,837 | 290,385 | |||
| 7 | Raising funds | |||
| Othertrading activities | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Impairment losses | 2 |
| Charitable activities costs | ||||
|---|---|---|---|---|
| Support | ||||
| Direct | costs (see | |||
| Costs | note 9) | Totals | ||
| £ | £ | £ | ||
| Community Support Information andAdvice |
181,015 166,660 |
42776 14,867 |
223,791 181,527 |
|
| Ageing Well | 103,825 | 11,328 | 115,153 | |
| Partnership Development | 181,769 | 3,540 | 185,309 | |
| 633.269 | 72,511 | 705,780 | ||
| Support costs | Information | Governance | ||
| Management | technology | costs | Totals | |
| £ | £ | £ | £ | |
| Community Support Information and Advice |
23444 | 19,332 14,867 |
42,776 14,867 |
|
| Ageing Well | 2,104 | 9,224 | 11.328 | |
| Partnership Development | 3,540 | 3.540 | ||
| 25,548 | 43423 | 3,540 | 72,511 |
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Independent | Examiners' remuneration | 3,540 | 5,994 |
| Depreciation | - owned assets | 250 |
| Staffcosts | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Wages and salaries Social security costs Otherpension costs |
471,617 30,160 14,812 |
480,885 28,243 17,357 |
| 516,589 | 526,485 |
| 2025 | 2024 |
|---|---|
| 25 | 27 |
| 17 | 18 |
| 2025 | 2024 | ||
|---|---|---|---|
| £60,001 -£70,000 | 1 | ||
| Comparatives forthe statementoffinancial activities | Unrestricted | Restricted | Total |
| fund | funds | funds | |
| £ | £ | ||
| Income and endowments from | |||
| Donations and legacies | 90,864 | 90,864 | |
| Charitable activities | |||
| Community Support Information andAdvice |
61,053 127,071 |
180,082 102,205 |
241,135 229,276 |
| Ageing Well | 104,743 | 8,098 | 112,841 |
| Othertrading activities | 4314 | 4,314 | |
| Investment income | 17,523 | 17,523 | |
| Total | 405,568 | 290,385 | 695,953 |
| Expenditure on | |||
| Raising funds | 2 | 2 | |
| Charitable activities | |||
| Community Support Information andAdvice |
64,019 65,452 |
180,082 102,205 |
244,101 167,657 |
| Ageing Well | 115,014 | 8,098 | 123,112 |
| Partnership Development | 179,045 | 911 | 179,956 |
| Total | 423,532 | 291,29 | 714,828 |
| NET INCOME/(EXPENDITURE) | (17.964) | (91 ) | (18,875) |
| Reconciliation offunds | |||
| Total funds brought forward | 491,887 | 14,536 | 506,423 |
| Total funds carried forward | 473,923 | 13,625 | 487,548 |
| 14. | Tangible fixedassets | Plant and | |
|---|---|---|---|
| machinery | |||
| £ | |||
| Cost | |||
| Additions | 2,000 | ||
| Depreciation | |||
| Charge for year | 250 | ||
| Netbookvalue | |||
| At 31 March 2025 | 1,750 | ||
| At 31 March 2024 | |||
| 18. | Debtors: amountsfalling duewithin oneyear | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Prepayments and accrued income | 17,340 | 31,862 | |
| 16. | Creditors: amounts falling duewithin oneyear | 2025 | 2024 |
| £ | £ | ||
| Bank loans and overdrafts (see note 17) | 45,804 | ||
| Trade creditors | 12,654 | 9,336 | |
| Social security and other taxes Other creditors |
8,061 1,554 |
10,188 1,654 |
|
| Accruals and deferred income | 7.936 | 46,939 | |
| 30,205 | 113,821 | ||
| Incuded within accruals and deferred income above is the following deferred income: | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Deferred income brought forward Released toSOFA |
40,780 (40,780) |
34,974 (34,974) |
|
| Additional income deferred in the year | 4,365 | 40,780 | |
| 4,365 | 40,780 | ||
| 17. | Loans | ||
| An analysis of the maturity ofloans is given below: | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Amounts falling due within oneyear on demand: Bank overdrafts |
45,804 |
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Within one year Between one and five years |
16,605 | 25.870 2,205 |
| 16,605 | 28,075 |
| Movement infunds | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At14.24 | infunds | 31.3.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 473,923 | (27,250) | 446,673 |
| Restricted funds | |||
| Broker Service (CS) | 5,623 | 5,523 | |
| CardiffWelfare Rights (I&A) Pendoylan & St Donats Trust |
13,625 | 2,429 (420) |
2,429 13,205 |
| National Lottery (AW) | 3,249 | 3,249 | |
| 13,625 | 10,781 | 24,406 | |
| TOTAL FUNDS | 487,548 | (16.469) | 471,079 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming resources |
Resources expended |
Movement infunds |
|
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 390,202 | (417,452) | (27,250) |
| Restricted funds | |||
| Community Volunteer Support(CS) | |||
| 60,000 | (60,000) | ||
| Vale Good Neighbours (CS) Advocacy and Residential Care (1&A) |
30927 67,353 |
(30,927) (67.353) |
|
| Hope Advocacy Project (18A) BrokerService (CS) |
2,400 84,999 |
(2,400) (79.476) |
5,523 |
| CardiffWelfare Rights (1&A) Pendoylan & St Donats Trust |
34,000 1 |
(31,571) (421) |
2,429 (420) |
| Stronger Communities (AW) | 12,416 | (12,416) | |
| National Lottery (AW) Glamorgan Vale Services (AW) |
4,409 2,604 |
(1,160) (2,604) |
3,249 |
| 299,109 | (288,328) | 10,781 | |
| TOTAL FUNDS | 689,311 | (705,780) | (16,469) |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At1.4.23 | infunds | 31.3.24 | |
| £ | £ | £ | |
| Unrestrictedfunds | |||
| General fund | 491,887 | (17,964) | 473,923 |
| Restricted funds | |||
| Pendoylan & St Donats Trust | 14,536 | (911) | 13,625 |
| TOTAL FUNDS | 506,423 | (18,875) | 487,548 |
| Comparative net movement in funds, included in the above areas follows: | |||
| Incoming resources |
Resources expended |
Movement infunds |
|
| £ | £ | £ | |
| Unrestrictedfunds | |||
| General fund | 405,568 | (423,532) | (17,964) |
| Restricted funds | |||
| Community VolunteerSupport(CS) | |||
| 62,265 | (62,265) | ||
| Vale Good Neighbours(CS) Advocacy and Residential Care (1&A) |
32,817 65,391 |
(32,817) (65,391) |
|
| Hope Advocacy Project (1&A) BrokerService(CS) |
2,400 85,000 |
(2,400) (85,000) |
|
| CardiffWelfare Rights (I&A) Pendoylan & St Donats Trust Stronger Communities (AW) |
34414 8,008 |
(34.414) (911) (8,098) |
911) |
| 290,385 | (291,296) | 911) | |
| TOTALFUNDS | 695,953 | (714,828) | (18,875) |
| A currentyear 12 months and prioryear 12 months combined position is as follows: | |||
| Net | |||
| movement | At | ||
| At14.23 | infunds | 31.3.25 | |
| £ | £ | £ | |
| Unrestrictedfunds | |||
| General fund | 491,887 | (45,214) | 446,673 |
| Restricted funds | |||
| BrokerService(CS) | 5,523 | 5,523 | |
| CardiffWelfare Rights (I&A) Pendoylan & St Donats Trust |
14,536 | 2,429 (1,331) |
2,429 13.205 |
| National Lottery (AW) | 3.249 | 3,249 | |
| 14,536 | 9,870 | 24,406 | |
| TOTAL FUNDS | 506,423 | (35,344) | 471,079 |
| Incoming resources |
Resources expended |
Movement infunds |
Movement infunds |
||
|---|---|---|---|---|---|
| £ | £ | £ | |||
| Unrestrictedfunds | |||||
| General fund | 795,770 | (840,984) | (45,214) | ||
| Restricted funds | |||||
| Community Volunteer Support(CS) | |||||
| 122,265 | (122,265) | ||||
| Vale Good Neighbours (CS) | 63,744 | (63.744) | |||
| Advocacy and Residential Care | (1&A) | 132,744 | (132,744) | ||
| Hope Advocacy Project(I8A) BrokerService (CS) |
4,800 169,999 |
(4.800) (164,476) |
5,523 | ||
| CardiffWelfare Rights (1&A) Pendoyian &St Donats Trust |
68,414 1 |
(65,985) (1,332) |
2,429 (1,331) |
||
| Stronger Communities (AW) | 20,514 | (20,514) | |||
| National Lottery (AW) Glamorgan Vale Services (AW) |
4,409 2,604 |
(1,160) (2,604) |
3,249 | ||
| 589,494 | (579,624) | 9,870 | |||
| TOTAL FUNDS | 1,385,264 | (1,420,608) | (35,344) | ||
| Restricted Funds | |||||
| Volunteerbefriending and support to older people in the | |||||
| community.Support to older people discharged from hospital.Activities to promote community cohesion by addressing the negative stereotypes |
|||||
| Community Support(CS) - | between generations. |
| Name | Nature oftransaction | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| WHQS Ltd | Expenditure paid to | 25,328 | 6.624 |
| Severn-bay Insurance | Expenditure paid to | 6,201 | 1,634 |